[08:42] {Threei} FRPT ANNOUNCES $115M IN NEW FOREIGN ORDERS FOR COUGAR MASTIFF
- Received an order for an additional 174 Cougar Mastiff vehicles, vehicle spare parts, and field support for the UK Ministry of Defense.
[08:42] {Threei} - scheduled for completion by December 2008, with spare parts and field support coverage continuing through mid 2009.
[08:43] {Threei} this stock is neverending story of news propping it up, then decline as if all the positive effect disappears in thin air
[08:44] {cosmo} so.. they breed a dog/cat hybread?
[08:45] {Threei} no idea, I am not good at botany
[08:45] {Threei} here goes bruce telling me that botany is plants, not animals... as if there is any difference
[08:46] {cosmo} hmmm
[08:47] {cosmo} i dunno .. a couger/mastiff combination could be very effective protection...
[08:49] {cosmo} FRPT pre mkt high = 5.11 so far
[08:51] {magoo} morning
[08:51] {Threei} magoo... look what an unexpected gift we have this morning
[08:51] * Threei slaps Laserdave1 around a bit with a large trout
[08:53] * magoo slaps Laserdave1 around a bit with a large trout
[08:56] {cosmo} UNFI: United Natural Q2 profit falls; cuts FY08 EPS outlook
[08:56] {cosmo} at Reuters (Thu 6:33pm)
[08:58] {cosmo} 18.10 pre mkt high fwiw
[09:01] {bruce} sure cosmo - but a turnip mastiff combinaton?
[09:04] {Threei} or german badger-dog with suitcase
[09:06] {bruce} is that carry on protection vad?
[09:06] {Threei} no, just must look funny
[09:06] {Threei} which is an asset in and of itself in my eyes
[09:09] {esemde} good morning ladies and gentlemen of the jury.......
[09:10] {dptl} good morning all
[09:10] {bruce} for truly funny why not a parakeet / llahma cross?
[09:10] {Threei} ese, dp :)
[09:10] {bruce} now you have a bird with a big nose that spits
[09:10] {Threei} and is furry
[09:10] {Threei} I like it
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {bruce} speak of the devil - morning dino
[09:12] {dino} hmmmmm...and the devil shall appear
[09:12] {bruce} not much shakin this morning
[09:12] {bruce} cbey is down big though
[09:16] {magoo} last night bruce
[09:17] {magoo} keep in mind vad shorts today, and RIMM up pretty good if mkt goes
[09:17] {Threei} shorts? according to recent calendar, today is bull market
[09:18] {Threei} ese, look dcc please
[09:19] {dino} unfi bit of blood
[09:19] {bruce} is that from the farmers almanac vad?
[09:20] {Threei} no idea but someone somewhere obviously signed a decree that up and down days must alternate
[09:21] {bruce} got you- well that makes it easy for us then
[09:21] {Threei} yup... alliswellinlalaland one day, theskyisfalling another
[09:22] {bruce} sure - but you can get a new roof on your house from the insurance coverage on that satelite debris
[09:23] {Threei} not if I am in the house when it hits
[09:24] {Threei} which reminds me, gotta update kids info on my life insurance :)
[09:25] {lumdus} good morning all. snowing heavily in nyc
[09:25] {dino} depends on opening gap, up, end down, down end up
[09:25] {Threei} hi lum, really?
[09:25] {Threei} true dino, that's the pattern that shoqwn pretty consistently lately
[09:26] {lumdus} vad, just kidding ..
[09:27] {esemde} lum ...you from NY....I love New York!
[09:27] {lumdus} i love ny as long as i find parking
[09:27] * Threei cancels mailing skies and snow shovel to lumdus
[09:28] {_leo1} hi
[09:28] {Threei} I wanted to say I love NY but then realized that I love Manhattan
[09:28] {Threei} hi leo
[09:28] {esemde} leo
[09:28] {Threei} ese, dcc please
[09:29] {dino} lum, a yankee?
[09:29] {lumdus} yes
[09:29] {dino} onhly about 2 1/2 hours from you
[09:33] {Threei} GRMN .50 long small if holding above .30
[09:34] {Threei} still valid
[09:35] {bruce} missed it - popped
[09:35] {lumdus} hoh shoot no way with that.
[09:35] {dptl} got .54
[09:35] {Threei} no... unless entered aggressively unattainable
[09:35] {Threei} wow
[09:36] {Threei} dpt proved us wrong
[09:36] {Threei} take profit
[09:36] {bruce} congrats dp
[09:36] {dptl} out +.40 ty
[09:36] {Threei} wtg
[09:39] {bruce} you want to try grmn as pullback vad?
[09:39] {Threei} wait
[09:39] {Threei} RIMM is not dropping with NQ
[09:39] {Threei} 106.15 long
[09:39] {Threei} stop under .90
[09:40] {dino} gj dp
[09:40] {Threei} out .70
[09:40] {Threei} +.53
[09:40] {dptl} thx Dino
[09:41] {Threei} anyone caught it?
[09:41] {Threei} see big red bar 9:39 NASDAQ?
[09:41] {lumdus} s wb 32.94 stop 33.03
[09:41] {Threei} and barely couple downticks RIMM
[09:41] {bruce} too late for me vad - paased trigger when I pulled it up
[09:41] {Threei} dead giveaway
[09:42] {Threei} was available just couple cents higher for a few bruce
[09:42] {Threei} I got .18
[09:42] {dino} bby s .85, stop .17
[09:45] {bruce} cbey continues down - out +.20 quick scalp
[09:46] {dino} cov bby .61, +.24
[09:47] {Threei} keep an eye on RIMM guys, relative strength on it is remarkable
[09:47] {Threei} NQ makes new lows, RIMM retreats 20 cents
[09:47] {Threei} NQ barely bounces, RIMM makes new highs
[09:47] {bruce} I'm slow this morning dino- was looking for a stock with symbol bbys
[09:48] {Threei} any help by market, it will bust through 107 like knife
[09:48] {Threei} there
[09:48] {dino} :)
[09:48] {dino} sigm?
[09:49] {magoo} just caugty rimm
[09:49] {magoo} .70 to .09
[09:49] {magoo} to fast
[09:49] {magoo} to pout in here
[09:49] {bruce} nice mags
[09:49] {dino} why pout?
[09:50] {dino} l sigm .70
[09:50] {Threei} hopw do you like this on SIGM:
[09:50] {bruce} great exit mags - you caught exact top
[09:50] {Threei} 02/19/08 01:15am [SIGM] Baird Cuts SIGM to Neutral from Outperform, price target: $50.00
[09:52] {Threei} what's so great bruce, he sold 3 cents under high... pretty pitiful performance
[09:52] * Threei is hiding under the nearest rock
[09:52] {magoo} thats why i am poutting
[09:52] {Threei} lol
[09:52] {magoo} really fast..vad said watch it
[09:52] {magoo} i watched
[09:53] {magoo} hoit-layourt lucky
[09:53] {Threei} see, thing with stocks like RIMM
[09:53] {bruce} intu on radar dino - want to see it drop more
[09:53] {magoo} sigh..spelling
[09:53] {dino} sigm stopped -.40
[09:53] {Threei} sometimes they give you time to alert of setup coming
[09:53] {Threei} and sometimes things happen so quickly that there is no way I could type it in time,
[09:53] {Threei} so what I opt to do is
[09:54] {Threei} alert when I can
[09:54] {Threei} and give general outlook on how to play it
[09:54] {Threei} so those of you who can read and catch it could act on your own, without delay caused by my typing
[09:55] {Threei} understandably, it's not a stock for everyone
[09:55] {magoo} u like it for bounce here?
[09:55] {Threei} has quite a personality
[09:55] {Threei} sure - if NQ bounces
[09:56] {Threei} .30 is nearest support
[09:56] {Threei} not anymore
[09:56] {magoo} grmn might be short if naz retreats vad
[09:57] {Threei} I am not sure they have much correlation
[09:57] {magoo} yeah, not in chart
[09:58] {bruce} with rimm you look for a small consolidation vad - 20 c or so - then break to one side with nq also moving that way?
[09:58] {Threei} one correction bruce
[09:59] {Threei} on a day like today I will aplly that to long but not to short
[09:59] {Threei} meaning I will go with this setup on a long side, and will remain on a sideline on shoert side
[09:59] {bruce} k- cause strngth seems long for it?
[09:59] {bruce} got you
[09:59] {Threei} with such relative strength as RIMM shows short is just very labored money
[09:59] {bruce} idea is to keep small stops
[09:59] {Threei} path of least resistance is up
[10:00] {Threei} and I like easy money
[10:00] {bruce} and ready to exit on first sign of slowing on it looks like from wqtching you trade it
[10:00] {dino} bby s .94 stop hod
[10:00] {Threei} well... that's my approach since I am as risk adverse as we human beings get
[10:01] {Threei} someone with more tolerance would probably keep part for a multipoint run
[10:01] {lumdus} in ccu 31.68 stop 31.49
[10:02] {bruce} a lot of 1 min candles in it are over 60c
[10:02] {bruce} so tough to keep 20 c stops init
[10:03] {Threei} thin stock always requires some padding
[10:03] {bruce} its not thin - just real fast
[10:04] {Threei} GRMN formed quite pronounced support at 63.80
[10:04] {Threei} watching if it holds
[10:04] {Threei} nope
[10:05] {Threei} no play
[10:05] {bruce} I hate grmn - erratic as hell
[10:06] {Threei} that's what we have to play these days, normal stocks just don't move
[10:06] {Threei} keep us prisoners for hours if we venture in them
[10:06] {Threei} and for the most part stop us out eventually
[10:06] {magoo} agree vad
[10:06] {Threei} enter TIVO yesterday
[10:06] {lumdus} yeah, i am just figuring that out now.
[10:06] {Threei} it all goes in cycles
[10:07] {Threei} one day those small safe ones will start moving like their sole purpose in life is to make us as much money as possible
[10:07] {bruce} fwiw - looks like grmn may find support about.50 and bounce there
[10:08] {dino} see, gap up open
[10:08] {Chaeron} gm all
[10:08] {Threei} ch :)'
[10:09] {Chaeron} looks like a littl.e cigar butt hanging there from that smile Vad... a bit early for that no? :)
[10:09] {Threei} lol
[10:10] {Threei} AMZN starts looking interesting
[10:10] {esemde} long VCLM19.09
[10:10] {dino} bby stopped .13, -.19
[10:10] {bruce} thats what I hat4e about grmn - bounced at .50 as suspected - only moved 20c - then moved to stop and continue
[10:10] {bruce} pos
[10:11] {Threei} watching AMZN for breakout of 71.70 - 72 range
[10:12] {bruce} amzn short?
[10:12] {Threei} no
[10:12] {magoo} we are tanking ?
[10:13] {bruce} no just slummin magooski
[10:13] {magoo} amzn looks like rolling over to me {respectfully submitted}
[10:13] {magoo} maybe RIMM bounce vad
[10:13] {dino} dv l .35
[10:14] {bruce} nice entry dino
[10:14] {dino} ty waited forever
[10:14] {dino} sigm?
[10:15] {Threei} looks like short to me dino
[10:15] {magoo} RIMM vad?bounce somewhere?
[10:15] {dino} bite your toung
[10:16] {Threei} I don't have feel for it magoo
[10:17] {magoo} neither do i evidently
[10:17] {esemde} out VCLM .43 +.34
[10:17] {Threei} wtg
[10:17] {esemde} you hooked me on to it a couple of days ago
[10:18] {Chaeron} huge ese...
[10:18] {dino} gj
[10:18] {esemde} been kinda monitoring it
[10:18] {Threei} I have?
[10:18] {Threei} gosh... I don't remember it at all :)
[10:18] {esemde} RRIIGGHHTT....wink wink nudge nudge....
[10:19] {esemde} it's still goin
[10:19] {dino} risky sigm l .50
[10:26] {dino} unfi sm l .20
[10:27] {bruce} imcl looks srtong bvad
[10:28] {dino} out dv .72, +.37
[10:28] {esemde} vlcm....nice move up today ....on an iffy day for sure
[10:29] {bruce} nice dino
[10:31] {bruce} any read cbey vade - looks to me like long potential on break of .50
[10:31] {Threei} I like it bruce
[10:37] {lumdus} short ir 38.57 stop 38.67
[10:42] {Threei} beautiful read CBEY bruce
[10:42] {bruce} thanx vad
[10:42] {dino} nice one bruce
[10:42] {Threei} very clean setup
[10:45] {lumdus} ir - .11 crap
[10:46] {Threei} 1:2 CBEY
[10:47] {bruce} out cbey +.63
[10:47] {Threei} disgusting
[10:47] {Chaeron} nice bruce
[10:47] {Threei} truly disgusting
[10:47] {magoo} nice bruce
[10:47] {Threei} couple more trades like this and noone will come out and play with you
[10:48] {lumdus} very nice bruce
[10:48] {Chaeron} don't listen to Threei,,,, he's just pulling lint out of his navel
[10:48] {lumdus} awesome heads up and awesome trade
[10:48] {bruce} thanx vad
[10:48] {Threei} always :)
[10:48] {bruce} I'm worlds second worst trader- but get lucky sometimews
[10:49] * Threei is waiting to see who first takes the bait and asks bruce why second worst
[10:49] {dino} ahhh, luck
[10:50] {bruce} eternal optimism vad
[10:50] {bruce} I'm sure theres a worse one - just havne't met him yet
[10:50] {bruce} hope someone else gotcbey
[10:51] {Threei} my idea of answer to "why second/" would be: "that's how bad I am, can't even be THE worst at this"
[10:51] {bruce} lol
[10:51] {bruce} woulda said that if I'd thought of it
[10:52] {Threei} that's an old joke actually... can't claim authorship
[10:52] {bruce} possible break nvda here
[10:54] {Threei} if golding above .70, break will be valid setup on it
[10:54] {dino} pwrd
[10:56] {Threei} full point CBEY
[10:56] {Chaeron} beauty
[10:56] {dptl} out cbey +.21 on that move got it on pullback ty bruce vad:)
[10:56] {bruce} nvda invalid
[10:56] {Threei} nice dp
[10:57] {bruce} congrats dp
[10:57] {dino} ibkr l .05
[10:58] {magoo} double bottom RIMM setting up vad
[10:58] {Threei} not sujre mags
[10:58] {Threei} it lost lustre
[10:58] {Threei} can break down just the same
[10:59] {esemde} markets calm......
[10:59] {bruce} nice vad - you took full point out of it?
[10:59] {Threei} on CBEY?
[10:59] {Threei} yes
[10:59] {bruce} yes
[10:59] {bruce} wow - cool beans
[10:59] {Threei} not on full position of course, aprtialed along the road
[11:00] {bruce} k - makes sense
[11:02] {bruce} \onxx on break of .50 vad?
[11:03] {esemde} What are the chances the market will finish up today.....
[11:03] {dino} 50/50
[11:03] {esemde} hmmmmmmm
[11:03] {lumdus} in erts 49.27 sto 49.17
[11:03] {Threei} ONXX wierdly narrow today
[11:03] {Threei} not sure it's worth our time and effort
[11:03] {dino} shorts pretty good week, may cover into close
[11:04] {dino} ibkr stop to .30
[11:04] {bruce} k
[11:05] {dino} out slippage +.20
[11:09] {Threei} feels like bounce coming
[11:10] {Threei} or not
[11:10] {dino} ofix
[11:10] {Threei} short a little QID, very tight stop
[11:10] {Threei} .81
[11:11] {Threei} nope
[11:12] {lumdus} vad, talk about stocks not moving .. erts still range no movement.
[11:13] {magoo} u short qid vad?
[11:13] {Threei} stopped mags
[11:13] {lumdus} out erts -.11 crappy day
[11:14] {magoo} RIMM bounce time or is there a better trigger?
[11:14] {magoo} SHIT
[11:14] {magoo} was looking 104
[11:14] {Threei} RIMM yes, bounce but try to get in on pullback
[11:16] {Threei} shakeout QID... whimp I am
[11:16] {Threei} .76 was good entry, overtightened stop
[11:23] {Threei} CBEY worth a try for a scalp here with stop .48
[11:23] {Threei} pure risk based setup
[11:24] {dino} sm risky l ofix .85
[11:26] {magoo} what entry u get CBEY vad?
[11:26] {Threei} .54
[11:26] {magoo} .5488 here
[11:26] {Threei} no worky
[11:26] {magoo} fer
[11:26] {dino} stopped ofix .40-.45
[11:26] {magoo} now how u get out .448
[11:27] {magoo} was a blink
[11:27] {magoo} .48 im mean
[11:27] {Threei} got .43 and .45 on exit
[11:27] {magoo} ok
[11:36] {Threei} AMZN starts looking breaky
[11:36] {Threei} .91 semi-aggressive entry
[11:37] {Threei} if holding above .65
[11:40] {dino} ofix l .42 risky
[11:42] {dino} stopped done w/it
[11:45] {dino} unfi stopped .80 -.40 sm
[11:47] {bruce} sheesh ofix really dumped
[11:48] {dino} ibkr s .75, stop .03
[11:50] {bruce} aapl tanking broke 120
[11:53] {bruce} any thoughts rimmm here vad?
[11:53] {bruce} lloks like long at .50 but stop would be 30c
[11:54] {Threei} can't tell
[11:54] {Threei} things lost rythm
[11:54] {bruce} k
[11:55] {bruce} theres dance lessons for that vad
[11:56] {Threei} hmmm
[11:56] {magoo} bounce aapl vad?
[11:56] {Threei} coin toss mags
[11:56] {bruce} new reality show - dancing w magooski
[11:56] {magoo} what should i calkl then? upo or down
[11:57] {Threei} the sure bet is that coin will not hang in the air
[12:03] {dino} cov ibky .51 +.24
[12:05] {esemde} ITS!!! THE!!! WEEKEND!!!!! have a good one all see ya monday
[12:05] {Threei} take care ese, have a good one
[12:06] {dino} pwrd s .05 stop .27
[12:28] {Chaeron} .
[12:29] {dptl} Dave dcc pls
[12:29] {dino} pwrd bstop to .17, i can't even pick a short
[12:30] {bruce} ofix trying to recover some now dino
[12:31] {Chaeron} - Indices resume a downward trajectory as credit market fears continue to weigh. Major publications continue to point to signs of further deterioration in the functioning a variety of fixed income markets.
[12:31] {Chaeron} The WSJ noted that two indices that track the cost of buying insurance on bonds issued by 125 large companies have doubled since the beginning of the year, a sign that the financial squeeze that began in investments linked to subprime mortgages has spread. A separate article noted that the CMBX Index, which tracks the value of bonds backed by commercial mortgages, suggest rough waters ahead for that industry as well.
[12:32] {Threei} really
[12:32] {Chaeron} nope, not foolin'
[12:34] {dino} maybe bruce, tough one ofix
[12:38] {dino} sigm l .00, stop lod
[12:52] {Threei} yawn
[12:52] {dino} esmk
[12:55] {bruce} taking break
[12:56] {Threei} slacker
[12:56] {Threei} sit here and yawn with us
[13:05] {Threei} WHITE HOUSE: HAS 'NO CONFIDENCE' IRAN'S NUCLEAR PROGRAM IS PEACEFUL UNTIL IT MEETS ITS OBLIGATIONS
[13:07] {dino} like anybody's is strickly peaceful. issue is a joke
[13:07] {Threei} I am strictly peaceful
[13:07] {Threei} especially when my gun is loaded
[13:08] {Threei} and safety's off
[13:08] {Chaeron} lol
[13:09] {magoo} get to work would u lol
[13:10] {Threei} see, magoo ruins my extreme peacefullness
[13:11] {Chaeron} load your gun...
[13:11] {Threei} looking at OPTV with interest
[13:11] {Threei} maybe some slow accumulation starts
[13:20] {dino} ueic
[13:22] {dino} ueic s .54
[13:23] {bruce} back
[13:23] {bruce} you're right vad
[13:23] {bruce} slackers my middle name
[13:24] {Threei} I know, I wanted to claim it and found out it was taken
[13:24] {bruce} would feel guilty if I weren't following your example
[13:29] {Threei} AAPl looks like short on bounce
[13:29] {Threei} as close to 118 as can get
[13:31] {Threei} practically no bounce... .80 was the best it could do
[13:31] {bruce} around 118 w 30 c stop vad?
[13:32] {Threei} it's gone bruce
[13:32] {Threei} no bounce to short into, and too far from there now
[13:32] {Threei} if it does go as high as 118 from here, it's a whole new setup, need to reevaluate
[13:33] {bruce} for now - but may still come back to 118
[13:33] {bruce} k
[13:33] {bruce} thanx
[13:33] {Threei} look at it this way
[13:33] {Threei} it dropped 60 cents,
[13:34] {Threei} if it can gather as much strength as needed to go all the way back, you better look again because it can be a sign of reversal
[13:34] {Threei} don't enter on price alone
[13:34] {Threei} see how it acted to get to that price
[13:35] {bruce} looks to me like its droppingin about1 buck on major breaks
[13:36] {bruce} we might still be able to short here w .70 stop
[13:38] {magoo} aapl .looks like following naz, any thoughts?
[13:39] {Threei} it does mostly but its weaker
[13:39] {Threei} I would play it on short side only
[13:43] {magoo} u reading rimm at all..maybe short
[13:44] {Threei} rather short than long, but there is no clean compelling setup
[13:45] {Threei} I don't want to fire half-baked entries at you, it's a sure way to get unnecessary stops
[13:46] {bruce} k
[13:46] {magoo} are u drinking already on this snowy wintery day?
[13:46] {Threei} snowy?
[13:46] {Threei} wintery?
[13:46] {bruce} half baked pies are no good either
[13:46] {Threei} I don't know what you are talking about
[13:46] {Threei} sun, warmth
[13:47] {bruce} was watching aapl - you didn't think the .43 break was worth a try vad?
[13:47] {bruce} sunny here too
[13:47] {Threei} I just don't like too wide stop bruce
[13:47] {Threei} there is no rsistance close enough for comfort
[13:47] {bruce} we're selling vqcation packages to sunny saskatchewan
[13:47] {bruce} k
[13:48] {magoo} blizzard here in n.e. pa
[13:48] {bruce} I saw range contraction
[13:48] {bruce} but not over very big time frame
[13:48] {Threei} yes and nearest resistance is .70, and not very pronounced
[13:49] {Threei} sorry to hear mags
[13:49] {bruce} k
[13:49] {Threei} I swear, the day I decided to move to Victoria was at par with the day I decided to leave xUSSR
[13:50] {bruce} ah - still pining away for the homeland vad?
[13:50] {Threei} bruce can have whole praries to himself
[13:50] {bruce} lol
[13:50] {bruce} already have it to myself vad
[13:51] {Threei} Praries aka Bruce's Kingdom
[13:51] {bruce} hmmm
[13:51] {bruce} nice ring to that
[13:51] {Threei} homeland... hmmm... I am afraid it would feel much more foreign to me now than any place in USA/Canada :)
[13:51] {bruce} we're surrounded by water here vad
[13:52] {bruce} the pacific and atlantic
[13:52] {bruce} Iremember you saying you liked islands
[13:52] {Threei} yup... pacific only around me
[13:52] {bruce} exactly
[13:53] {bruce} how boring
[13:53] {Threei} AAPL short maybe shapes up...
[13:53] {Threei} .50 resistance
[13:54] {Threei} if can't break it
[13:54] {Threei} hard to find trigger
[13:54] {Threei} weakness from here
[13:54] {Threei} with stop above .50
[13:55] {magoo} prob is naz move up
[13:56] {Threei} yup
[13:58] {bruce} you think crox worth ry shhort here vad? looks good but very volatile one
[13:58] {Threei} it's actaully much more tame than it used to be
[13:59] {bruce} yes - -at least todays chart is
[13:59] {Threei} and yes, looks like good short if market helps
[14:00] {Threei} AAPl worked direction wise but exact entry/stop on it was practically unreadable
[14:02] {bruce} yes - those are tough ones
[14:02] {bruce} big stops if they don't work
[14:02] {bruce} and lots of moving around til they prove themselves
[14:04] {magoo} i like amzn short....any thoughts
[14:04] {lumdus} short rimm 103.55 stop 103.83
[14:04] {dino} ueic stopped -.26
[14:05] {Threei} RIMM and AAPL are better shorts magoo
[14:06] {lumdus} let's hope rimm does it for me.
[14:08] {Threei} come on NASDAQ, rug pull time
[14:08] {Threei} there
[14:09] {lumdus} yeah, go rimm now..
[14:15] {Threei} new low AAPL
[14:15] {Threei} RIMM is still hanging for dear life
[14:16] {lumdus} it got to .82 just 1 penny from my stop.
[14:17] {dino} rimm nice gap around 98
[14:18] {lumdus} our rimm -.30
[14:18] {dino} tson
[14:19] {Threei} unreadable mess
[14:21] {magoo} tson short vad..avail
[14:22] {Threei} I see upgrade by LEH
[14:22] {Threei} anything else on it?
[14:22] {magoo} dunno
[14:22] {Threei} FED'S FISHER: FED MUST BE MINDFUL OF DUAL MANDATE, 'PERVASIVE PESSIMISM' IS INFECTING BUSINESS OUTLOOK - Q-A
[14:23] {Threei} - Says central bank must take care not to stir up inflation, noting Fed is having serious discussion regarding inflation pressures, and see rises in US inflation partly due to higher food and energy costs outside Fed control given most of inflation pressure is globally driven
[14:23] {Threei} - Sees 'economic anemia" for couple of quarters, growth risks could suffer more than expected and rate cuts take at least six months to have influence
[14:23] {Threei} - Says Fed must take care that policy action does not impact economy while preventing economy from slipping into prolonged recession and cannot help but worry about an economy that has become infected
[14:23] {Threei} - Stimulus package will be positive if enacted quickly and could also boost consumer spending while Long-term liabilities are biggest fiscal concern
[14:23] {Threei} - Says 'highly unlikely' Governor nominees to join Fed
[14:23] {Threei} - Notes it is possible for policymaker to dissent without disagreeing with policy direction
[14:23] {Chaeron} 02/21/08 04:04pm [TSON] Trans1 Inc Reports Q4 -$0.07 v -$0.12e, R $5M v $4.5Me
[14:24] {Chaeron} shoot... wrong one... sorry
[14:28] {bruce} bang chaeron
[14:28] {Chaeron} [TSON] Trans1 Inc Lehman Raised TSON to Overweight from Equal Weight
[14:28] {Chaeron} 02/21/08 04:04pm [TSON] Trans1 Inc Reports Q4 -$0.07 v -$0.12e, R $5M v $4.5Me
[14:28] {Chaeron} dang pc was frozen too
[14:28] {Threei} lol
[14:35] {lumdus} short dis 31.87
[14:38] {bruce} major support on dailys for dis lum at those levels - hope it works for you
[14:39] {bruce} ueic now dino
[14:40] {bruce} s ueic .89
[14:44] {dino} 22.89?
[14:44] {dino} 21.89}?
[14:45] {bruce} sorry - 21.89
[14:45] {bruce} wishful thinking my part
[14:51] {bruce} exited -12 c
[14:52] {Threei} let's see if last hour brings anything readable... quite useless afternoon so far
[14:53] {bruce} nic4e recovery in ofix dino - watched it but couldn't decide on an entry attempt
[14:53] {dino} phlyu
[14:54] {Threei} RIMM .20 long if stays above 104
[14:55] {Threei} target closer to .50
[14:57] {bruce} thanx vad - nice to have actual target for rimm trade
[14:58] {Chaeron} .
[14:59] {magoo} valid?
[15:00] {magoo} was out robbing bank
[15:00] {Threei} yes
[15:00] {magoo} in
[15:05] {Threei} official record:
[15:05] {Threei} this is first time in my life I fell asleep while trading RIMM
[15:05] {bruce} lol vad
[15:06] {Threei} tells you everything you need to know about today
[15:07] {magoo} not only that.one breif chance to hit .35 and down
[15:08] {magoo} can't make anything on half lot
[15:08] {lumdus} l tev 48.40
[15:08] {lumdus} teva
[15:10] {magoo} christ
[15:10] {magoo} now a loss
[15:10] {magoo} i suk
[15:10] {Chaeron} me2
[15:11] {lumdus} magoo, i suck today also - seems normal for the day.
[15:11] {magoo} i need a beer
[15:12] {lumdus} i need voda, beer wont do it today
[15:12] {magoo} not blaming u vad, it had .14 cents but sheesh
[15:12] {magoo} one second and thought lil more than that
[15:12] {Threei} oh you can blame me, I don't mind
[15:13] {lumdus} vad, you think i have shot with teva in .40
[15:13] {Threei} chart is right... the rest is in trading gods hands
[15:13] {Chaeron} we need a sacrifice?
[15:13] {Threei} I have one to offer
[15:13] * Threei slaps Laserdave1 around a bit with a large trout
[15:14] * Chaeron slaps Laserdave1 around a bit with a large trout
[15:14] {lumdus} well, you had me magoo and i am sure we can get a 3rd sacrifice.
[15:14] {lumdus} stop on tev 43.36
[15:14] {Chaeron} hmm... not working... throw them leo... he's a newguy :) teasing leo... we love ya
[15:15] {_leo1} go to hell:)
[15:15] {Chaeron} roflol
[15:16] {bruce} ueic dumped nicely
[15:16] {bruce} throw leo to the lions
[15:16] {Threei} what a bloodthristy room
[15:17] {Threei} I am canceling my membership
[15:17] {_leo1} sorry
[15:17] {bruce} opps - none here - have to settle for those german badger dog w suitcase
[15:18] {lumdus} aapl looks good for bounce .. without me but
[15:19] {Threei} not yet lum
[15:19] {Threei} but soon
[15:19] {lumdus} i am getting to tempted..
[15:19] {lumdus} maybe i wait 10 mins for this
[15:19] {Threei} one more leg down
[15:20] {lumdus} it's nice high volume on it.. wow
[15:21] {lumdus} break of 116
[15:21] {Threei} there
[15:21] {Threei} bounce time on first NQ strength
[15:21] {lumdus} i want it above 116
[15:21] {lumdus} in 116.03
[15:21] {lumdus} atop 115.87
[15:21] {Threei} .86
[15:22] {magoo} '.04
[15:22] {bruce} leco dino
[15:22] {lumdus} vad, you in ?
[15:22] {Threei} yes, and the funniest thing is,
[15:22] {Threei} my price is .035
[15:22] {Threei} just between you and magoo
[15:22] {lumdus} wow !
[15:23] {Threei} hmmm
[15:23] {lumdus} yeah, not like
[15:24] {Threei} double bottom or bust
[15:24] {magoo} christis that it?
[15:24] {lumdus} i didn't like break of 116.00
[15:24] {Threei} ok, do you like cross back?
[15:24] {lumdus} now i feel much better here we go
[15:25] {magoo} death by a thousand cuts
[15:25] {lumdus} offering to sell 116.70 ha haa
[15:25] {dino} yeah pretty much magoo 8 stops
[15:25] {Threei} finally
[15:25] {magoo} where u thinking vad..i suk'
[15:26] {Threei} thinking I am not
[15:26] {Threei} half out
[15:26] {Threei} stop to under 116
[15:26] {lumdus} chicken
[15:26] {Threei} let it trade
[15:26] {magoo} out ,26
[15:26] {magoo} ty but f
[15:26] {Threei} full?
[15:26] {lumdus} ok, i got .10 trailing stop now.
[15:27] {lumdus} out .17 + .14
[15:28] {magoo} full what?
[15:28] {Threei} who is chicken now?
[15:28] {magoo} full lot?
[15:28] {Threei} out full position?
[15:28] {lumdus} i am fried chick...
[15:28] {magoo} yes and no
[15:28] {Threei} hmmm
[15:28] {lumdus} yes, out full here.
[15:28] {Threei} you are one complicated dude
[15:29] {lumdus} actually liquidty was very good with the trade. triple lot
[15:29] {lumdus} why you say complicated ?
[15:29] {Threei} not you... magoo
[15:29] {Threei} [15:28] {magoo} yes and no
[15:29] {magoo} i went out full and reloadeedc rd two
[15:29] {Threei} oh
[15:29] {Threei} out
[15:30] {Threei} .78
[15:30] {dino} spike
[15:30] {magoo} out .71
[15:30] {Threei} now, tell me... was it good read or what about one more leg down and then reversal
[15:30] {magoo} awesome, but..........
[15:30] {Threei} always but...
[15:31] {dino} dji going green
[15:31] * magoo slaps Threei around a bit with a large trout
[15:32] {magoo} DINO, WHERES MY BREW
[15:32] {dino} lol i'm trying to hold out until 4:00
[15:33] {magoo} so what.i'm not
[15:33] {bruce} how did you pick 116 for reverse vad?
[15:33] {magoo} vad, again
[15:33] {Threei} I didn't pick price
[15:33] {Threei} it was sharp selloff that required one more step down to complete panic
[15:34] {magoo} ahhhhhhhhhhh
[15:34] {magoo} beer
[15:34] {Threei} when this step down materialized, first strength was to buy
[15:34] {Threei} cross back over 116 showed just that
[15:34] {Chaeron} nas nuts
[15:35] {Chaeron} what happened? I was away for a minute
[15:35] {lumdus} ok, now ready to short appl
[15:35] {Threei} nothing really... just market being it latest self
[15:35] {bruce} k - can't figure out how you tell how many steps of selling down
[15:35] {lumdus} shor taapl 117.93 stop 118.10
[15:35] {Threei} one more spike AAPL
[15:35] {bruce} sure was one heck of a bounce in market
[15:36] {lumdus} nah, i should be fine :)
[15:36] {magoo} good man
[15:36] {magoo} was tyhinking that
[15:36] {lumdus} i guess not, stopped .12
[15:36] {lumdus} what a spike this was .. damm
[15:36] {dino} green sheesh
[15:37] {dino} watch the dji go up to hod
[15:37] {bruce} would all that green have anything to do with auto short covering?
[15:37] {Threei} whew
[15:37] {Threei} .40 short, .95 cover
[15:38] {Threei} too fast to post
[15:38] {magoo} sh .20
[15:38] {magoo} out
[15:39] {lumdus} sh .40 stop
[15:39] {lumdus} .61
[15:40] {lumdus} i think this is called revenge trading .. so i better stop soon .. but ..
[15:40] {lumdus} common get back down little boy
[15:41] {lumdus} stop appl b/e .41 .. enough
[15:41] {lumdus} common wrong way appl
[15:42] {bruce} is there a qid long trade here vad?
[15:43] {lumdus} vad, this time i know chicken ..
[15:43] {Threei} bruce, this spike upset all patterns known to humankind
[15:43] {bruce} k
[15:43] {lumdus} yes, my quotes can't even keep up there..
[15:43] {lumdus} ok, stop 118.05
[15:44] {Threei} quotes are OK, ask if need anything
[15:44] {lumdus} stp 117.85
[15:45] {lumdus} where we at .. appl ?
[15:45] {lumdus} damm crap stuck ..
[15:45] {Threei} 117.78
[15:45] {Threei} .81
[15:45] {lumdus} my thingy triggered already
[15:45] {Threei} ok
[15:46] {lumdus} out 117.85 +..40 ?
[15:46] {Threei} lum, you are trading stocks your software can't handle
[15:46] {Threei} told you about it alreadyt
[15:46] * magoo slaps lumdus around a bit with a large trout
[15:46] {lumdus} not my software, my laptop ..
[15:46] {lumdus} oh, +.55 - good
[15:46] {magoo} dino said"u short aaple mags?"
[15:46] {bruce} put in more memory lum
[15:46] {bruce} should help
[15:47] {magoo} i said"cyber can't handle it dino" lol
[15:47] {Threei} you were lucky enough to be away on couple very active days when your brokerage experienced troubles keeping up
[15:47] {Threei} one day you won't be that lucky
[15:47] {lumdus} sh appl again 118.50 stp .61
[15:48] {lumdus} vad, i talk soon .. watching my crap here.
[15:48] {dino} lol
[15:48] {magoo} vad, got anything into bell?
[15:48] {Threei} ABK
[15:48] {Threei} MAKING SIGNIFICANT PROGRESS ON RECAPITILIZATION, ANNOUNCEMENT ON POSSIBLE BAILOUT COULD COME EARLY NEXT WEEK - CNBCS GASPARINO
[15:48] {lumdus} stop on aapl .49 break even
[15:49] {lumdus} vad, my brokerage have trailing stop, that why i like it.
[15:49] {lumdus} out aapl .19
[15:49] {bruce} sheesh vad - we just needed to hold that long in rimm a little longer
[15:49] {Threei} I suspect that was the news that propped market
[15:49] {Threei} you are very mistaken on it lum, IMO
[15:49] {lumdus} +.31 ..
[15:49] {Threei} trailing stop you apply makes no sense
[15:49] {Threei} it trails by certain amount of cents
[15:49] {Threei} this is not the way to trail it
[15:50] {Threei} stop should be trailed as and where new support levels are formed
[15:50] {lumdus} I know, but for my style , when a stock runs i don't have good control - has worked for me very well . I am not as controlled as you are.
[15:50] {Threei} not by formal amount of cents
[15:50] {Threei} the sdame way as original placement is not done by cents but by chart copnfiguration
[15:50] {lumdus} vad, yes - but think of aapl like now. I need that trailing - because it's wacky. i put it in walk away ..
[15:50] {Threei} hell
[15:51] {Threei} who walks away while trading AAPl
[15:51] {Threei} you are kidding :)
[15:51] {lumdus} i do , with trailing stop
[15:51] {Threei} what can I say
[15:51] {Threei} this is not the way to do it
[15:51] {lumdus} you see once it breaks support and start to run , i put the trailing stop and walk away.
[15:52] {Threei} you think it works because you haven't tracked it properly
[15:52] {Threei} want fresh example?
[15:52] {Threei} your trailing stop took you out of that long
[15:52] {Threei} when there was no slightest reason to exit
[15:52] {Threei} not at high, not at stop, not at sign of reversal
[15:53] {Threei} just in the middle of nowhere
[15:53] {lumdus} ok, but at least it protects me from loses. that's what i focus on.
[15:53] {Threei} [15:26] {lumdus} ok, i got .10 trailing stop now.
[15:53] {Threei} [15:27] {lumdus} out .17 + .14
[15:53] {Threei} this one
[15:54] {lumdus} right +.14 is better then negative
[15:54] {Threei} from losses - put your initial stop in if you suspect you may get overwhelmed by emotions
[15:54] {Threei} but to trail it like this is incorrect
[15:54] {Threei} no lum... sorry, this is wrong way to look at it
[15:55] {lumdus} ok, will need to redo myself here.
[15:55] {Threei} let's talk about it more next week
[15:55] {lumdus} ok.
[15:56] {lumdus} damm this market what a reversal that was
[15:56] {Threei} glad we got this trade on th last hour
[15:56] {Threei} made up for boring afternoon
[15:56] {Threei} thank you all
[15:56] {lumdus} oh yes, that was awesome finight to the wek. made up for all day
[15:56] {Threei} have a great weekend
[15:56] {lumdus} you too vad. take care
[15:56] {Threei} see you on Monday
[15:56] {bruce} rimms going up like rocket still
[15:56] {Threei} :)
[15:57] {dptl} have a good weekend all
[15:57] {dino} up 104
[15:57] {dino} 240
[15:57] {dino} +
[15:59] {magoo} hey vad..really..AWESOME read ionto bell
[15:59] {Threei} ty
[15:59] {dino} stick a fork in me.
[15:59] {magoo} i made 1k on it
[15:59] {dino} glad this week is over
[15:59] {Threei} see... trade should come to you
[15:59] {magoo} over 3 trades of course
[15:59] {Threei} perfect
[16:00] {Threei} don't force it
[16:00] {magoo} that was the yes and no
[16:00] {Threei} try to seek it actively, and you find yourself pushing it
[16:00] {Threei} wait for it to come to you, it happens naturally
Friday, February 22, 2008
Thursday, February 21, 2008
Feb 21 2008
Session Time: Thu Feb 21 00:00:00 2008
[08:19] {Threei} Good morning
[08:19] {Threei} was satellite shooting a success?
[08:21] {hawkfan4} my attempt was unsuccessful
[08:21] {Threei} and theirs?
[08:21] {Threei} just need to know if I need an umbrella when I have to go out in a few hours
[08:21] {hawkfan4} no idea
[08:22] {Threei} debris falling from the sky, you know
[08:23] {hawkfan4} Sattelite debris: 'Nothing bigger than a football'
[08:23] {hawkfan4} Honolulu Advertiser, HI - 28 minutes ago
[08:23] {hawkfan4} AP WASHINGTON (AP) — A US missile smashed a disabled spy satellite that was headed for earth and the military is tracking the debris as it falls over the ...
[08:25] {hawkfan4} i think a football size chunk of sattelite could still hurt a bit
[08:28] {Threei} cool, ty
[08:28] {esemde} Vad bruce hawk jm........you all...is up early...
[08:29] {hawkfan4} morning
[08:29] {esemde} my my ....what is going on this morning....shooting satelites out of the sky
[08:30] {Threei} ese :)
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 349K V 349KE; CONTINUING CLAIMS 2.784M V 2.760ME
- Prior jobless claims revised from 348K to 358K
[08:30] {Threei} - Prior continuing claims revised from 2.761M to 2.736M
[08:33] {Threei} MSFT
[08:33] {Threei} EXPECTS TO MAKE SIGNIFICANT COMPANY ANNOUNCEMENT AT 8:30AMPST
- Notes that announcement is not related to Yahoo
[08:33] {Threei} chapter 11?
[08:34] {magoo} mornimng\
[08:34] {esemde} ha ha ha ha......
[08:34] {Threei} magoo :)
[08:35] {esemde} magoo
[08:35] {bruce} mornin hawk
[08:35] {bruce} magstradamus
[08:36] {bruce} the satelites done vad - they nailed it
[08:36] {magoo} they hit that sattelite on first attempt vad, pretty amazing
[08:36] {Threei} no kidding
[08:37] {Threei} stuff right out of Hollywood eh?
[08:37] {magoo} u would think we could place a missile right up osama's butt if we could find him
[08:37] {magoo} they were prepared to fire up to 3 i believe
[08:38] {Threei} ese, look dcc please
[08:43] {magoo} man vad, look at RIMM
[08:43] {magoo} what happened?
[08:45] {hawkfan4} 21-Feb-08 06:37 ET In Play Research In Motion reaffirms EPS & revs guidance; raises subscriber additions guidance (97.91 )
[08:45] {magoo} thanx hawk :)
[08:46] {hawkfan4} np :)
[08:47] {esemde} any word on the MSFT news
[08:47] {Threei} trying to make up my mind whether I want to get back in VLNC as it breaks out again
[08:48] {Threei} no, not yet
[08:48] {Threei} it was 8:30 PST
[08:48] {Threei} not EST
[08:49] {Threei} ETA is 2h 40 m :)
[08:49] {esemde} looked on yahoo....article says yahoo msft done deal
[08:49] {esemde} sorry....now readin another article thats says no deal
[08:51] {Threei} third will say there is no such company as msft... and 4th will deny existence of yahoo
[08:56] {Threei} maybe MSFT will say they abandon software business?
[08:56] {Threei} focus on toilet paper production
[08:57] {esemde} yuk yuk
[08:57] {bruce} cnbc reports fear of stagflation
[08:58] {bruce} satelite debris and now male deer
[08:58] {bruce} always something new to worry about
[09:03] {bruce} just shows you -
[09:04] {bruce} the sky IS falling and the wildlife is out to GET YOU
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {bruce} hey dino
[09:05] {esemde} dino
[09:06] {bruce} vdsi gapdown
[09:07] {dino} gm bruce, es, 3i
[09:08] {curtisweese} wow, RIMM had some good breakfast this morning
[09:09] {Threei} question is whether it gets lobster for dinner
[09:09] {bruce} alxn 4 straight large down days
[09:09] {cosmo} ...can't find any news on that satelite ... all that's on is John McCain....wha happened?
[09:10] {Raven}
3 satellite is toast
[09:10] {Raven}
3 they hit it
[09:11] {Threei} and now theskyisfalling
[09:11] {cosmo} where?... over China?
[09:11] {curtisweese} RIMM looks like it is trying to hit same price as AAPL, so they really track together
[09:11] {Raven}
3 dunno ... they hit it when they wanted to hit it
[09:12] {Raven}
3 debris pieces no larger than a football so they say
[09:12] {Raven}
3 wear your hard hat when walking the dog
[09:13] {cosmo} dogs
[09:13] {Raven}
3 dogs ... sorry
[09:13] {curtisweese} NEW YORK (Dow Jones)--Shares of Research In Motion Ltd. (RIMM) rose 11% to $109 before the opening bell Thursday after the BlackBerry service provider boosted its fiscal fourth-quarter subscriber-growth forecast by 15% to 20%.
[09:13] {curtisweese} Total subscribership is expected to stand near 14 million when the quarter ends March 1.
[09:13] {curtisweese} RIM reiterated its forecasts of earnings between 66 cents and 70 cents a share on revenue of $1.8 billion to $1.87 billion. The quarter's results are slated to be issued April 2.
[09:15] {curtisweese} nice work mccain
[09:15] {magoo} on mccain..who gives a hoot? clinton /cigar in white house
[09:15] {magoo} and it was alleged in 2000, 8 yrs ago
[09:16] {Threei} who said you may use fresh dirt only for each battle
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:17] {curtisweese} "I wasn't friendly with that Lobbyist!!! She was going down on ME!"
[09:17] {dino} lol
[09:18] {magoo} msft"significant company announcemt" @ 11:30
[09:18] {Threei} yes mags
[09:19] {Threei} we had several suggestions about possible topic earlier
[09:19] {Threei} I think I had the coolest idea but ese said it was yuky
[09:19] {curtisweese} what stocks on the radar this morning for possible targetting for trades?
[09:20] {magoo} i just meant thats the time of day
[09:20] {Threei} want to see what VLNC does, for possible continuation,
[09:20] {Threei} COIN is a runner when market runs,
[09:20] {Threei} SEED the same,
[09:20] {Threei} frikin TIVO got away, gapped over resistance
[09:20] {Threei} but still on watch
[09:21] {Threei} and anything that scanner spits out in a process :)
[09:22] {curtisweese} Didn't NVTL have bad earnings? It is up right now.....hmmm
[09:23] {Threei} earnings were OK, guidance was lower
[09:23] {dino} tgt to sell, sti to underperform
[09:25] {bruce} aci poised for possible 55 break
[09:26] {magoo} grmn could recover today if mkt want up
[09:26] {magoo} on watch
[09:26] {curtisweese} i was looking at grmn too........
[09:26] {cosmo} BCSI pre mkt high = 31.22 fwiw
[09:27] {dino} throw some heat to PA, that 6 degree 2 mile is getting old
[09:28] {dino} ssrx
[09:28] {curtisweese} jeez ....if market stutters, aapl might be a good short candidate ....down to 124.45 (or it could race up and take all my money
[09:31] {bruce} bcsi long vad?
[09:31] {magoo} watching rimm as bounce, any read vad?
[09:32] {Threei} let initial market jumps end and show direction
[09:32] {dino} tgt s .50
[09:32] {Threei} TIVO, 9.10 long if gets hit
[09:33] {Threei} if loses 9, re-evaluating later
[09:33] {curtisweese} NVTL just got crushed
[09:33] {curtisweese} aapl short would have worked....grrr
[09:33] {Threei} RIMM becomes interesing
[09:34] {Threei} still a bit too jumpy
[09:34] {magoo} yep
[09:34] {bruce} if tivo fires - stop just under 9?
[09:34] {Threei} depends on where it bottoms out on this pullback
[09:35] {bruce} pros big jump
[09:36] {Threei} if market jumps, aggressive entry possible on TIVO
[09:36] {Threei} only into upticking resumed, not while it sells
[09:36] {magoo} schizo open
[09:37] {bruce} itri going long - real jumpy stock though
[09:38] {cosmo} snps
[09:38] {dino} tgt stopped -.31
[09:39] {Threei} COIN .20 long half lot if stays above 12
[09:40] {Threei} TIVO triggered
[09:41] {Threei} COIN invalidated
[09:42] {curtisweese} what exits for TVIO? i'm in barely
[09:42] {Threei} SOLF .60 long half lot
[09:43] {Threei} stop under .40
[09:43] {Threei} let it trade for now curtis
[09:45] {Threei} look to sell half on spike over .20
[09:49] {Threei} JNPR .41 long if stays above .30
[09:51] {curtisweese} man grmn keeps dropping
[09:53] {dino} waiting at 62.01
[09:54] {dino} close to retest]
[09:54] {bruce} crox possible short
[09:54] {magoo} grmn 52 wk low 50
[09:55] {Threei} FABER ON CNBC SAYS HE'S HEARING THE MSFT ANNOUNCEMENT CONCERNS "INTEROPERABILITY"
[09:55] {dino} yesterday magoo, stay w/me
[09:55] {curtisweese} dino, you going to buy in on GRMN at 62.01 then?
[09:55] {magoo} i meant, near lows
[09:56] {dino} if it gets there
[09:56] {magoo} off of 145
[09:56] {dino} if mkt goes up, i'll have to move up too
[09:57] {dino} not going to get there
[09:57] {Threei} we have numbers in couple min
[09:58] {Threei} leading indicator
[09:58] {Threei} and philadelphia index
[09:59] {curtisweese} missed it this jump
[09:59] {dino} maybe so
[10:00] {Threei} JAN LEADING INDICATORS: -0.1% V -0.1%E- prior revised from -0.2% to %
[10:00] {Threei} FEB PHILADELPHIA FED INDEX: -24 V -10E
[10:00] {Threei} wow
[10:00] {dino} mkt drop
[10:01] {Threei} - New Orders: -10.9 v -15.2 prior
[10:01] {Threei} - Employment: 2.5 v -1.5 prior
[10:01] {Threei} - Prices Paid: 46.6 v 49.8 prior
[10:01] {Threei} - Inventories: -13 v -11.7 prior
[10:02] {magoo} man, schozo mkt
[10:03] {cosmo} ssrx healing?
[10:03] {cosmo} 8.75 hod
[10:03] {cosmo} so far
[10:05] {Chaeron} hi all
[10:05] {Threei} chaeron :)
[10:05] {curtisweese} patience you going to Bellevue Square mall tomorrow?
[10:05] {dino} itri sm s .41
[10:05] * magoo slaps Chaeron around a bit with a large trout
[10:06] {Chaeron} heheh
[10:08] {dino} hurn l .50
[10:09] {bruce} tivo stop just under 9?
[10:09] {Threei} yes
[10:09] {dino} itri stopped -.40 sm
[10:09] {esemde} CSGP....
[10:11] {magoo} double bottom rimm vad?
[10:12] {Threei} yes but don't chase, use its natural volaitlity to get in on pullback
[10:12] {Threei} there
[10:14] {Threei} chart wise pullback was just right, now it's in NQ hands
[10:14] {Threei} you got it?
[10:14] {magoo} out
[10:14] {magoo} + .30
[10:15] {Threei} .30 - .81 here
[10:15] {magoo} small
[10:15] {magoo} TY
[10:15] {Threei} and too soon, lol
[10:15] {magoo} again
[10:16] {Threei} need pullback to .50 to get me interested again but doesn't look like going to happen
[10:20] {Threei} US TREASURY'S STEEL: STUDYING NEW MORTGAGE REFINANCING PROPOSAL INVOLVING "NEGATIVE EQUITY CERTIFICATES"- Ideas to help prevent US homeowners from entering foreclosure a good thing
[10:26] {Threei} KLAC .31 long if stays above .20
[10:27] {magoo} full?
[10:27] {Threei} yes
[10:29] {Threei} holding well so far, needs market help
[10:29] {magoo} bounced right at .21
[10:29] {Threei} noticeably stronger than overall market
[10:29] {curtisweese} GRMN is fighting and seems like it doesn't want to drop down to 62ish
[10:30] {Threei} 1:1
[10:30] {magoo} in
[10:30] {dino} vtal s .64
[10:30] {dptl} out klac ty
[10:30] {Threei} welcome
[10:30] {Threei} DOE CRUDE: +4.2M V +2.5ME ; GASOLINE: +1.03M V +700KE ; DISTILLATES: V -1.6ME ; UTILIZATION: % V 85.1%E
[10:30] {Chaeron} in KLAC
[10:32] {magoo} way fast..i still in
[10:33] {magoo} mkt killing it
[10:34] {Threei} as long as .20 holding, it's valid
[10:34] {magoo} mkt spike down scared mago
[10:35] {curtisweese} in GRMN 63.10 come on market!
[10:36] {Threei} stop 62.90 IMO, curtis
[10:36] {curtisweese} i put it at .80, but .90 sounds great
[10:36] {Threei} latest bounce is off .93
[10:37] {magoo} klac always gets me
[10:39] {Chaeron} me too
[10:39] {cosmo} ntes
[10:39] {cosmo} late
[10:42] {bruce} vdsi possible long reversal here
[10:42] {dino} vtal bstop to .20
[10:43] {dino} lod's
[10:46] {magoo} what the f is wrong now with mkt?
[10:46] {curtisweese} msft announcement
[10:46] {curtisweese} interoperability
[10:47] {dino} vtal to .11
[10:49] {dino} vtal cov .11, +.53
[10:50] {dino} grmn l .00
[10:51] {bruce} givn dino
[10:52] {dino} y
[10:54] {curtisweese} i'm out on GRMN +$.08 only hehehe...i got scared
[10:54] {dino} out grmn .24, +.24
[10:54] {dino} way soon
[10:54] {curtisweese} crap!! forgot about tivo......down n that a lot....
[10:55] {bruce} klac short setup now
[10:56] {curtisweese} threei you out on TIVO now right...i forgot to set stop ... :(
[10:57] {Threei} it lost 9... of course out
[10:57] {curtisweese} i only had small shares so no biggie :)
[10:57] {curtisweese} lol...now it goes up a bit
[10:59] {magoo} short qid vad?
[10:59] {Threei} hmmm
[10:59] {Threei} you see nasdaq as reversal here?
[10:59] {magoo} soon
[10:59] {Threei} not yet...
[11:01] {dino} vtal s .96
[11:01] {dino} stop .21
[11:01] {curtisweese} dang, i wish i had shorted AAPL this morning
[11:02] {dino} grmn getting stronger imo
[11:02] {curtisweese} yep wiating for 63.78 or so to buy again
[11:04] {curtisweese} or short...lol
[11:05] {bruce} vad asyt -looks like your kind of long play
[11:06] {Threei} way too slow...
[11:06] {dino} ima l .15
[11:08] {bruce} k
[11:10] {curtisweese} shorted GRMN at 63.50
[11:11] {dino} vtal stopped -.26
[11:13] {bruce} gutsy curtis - nice move
[11:13] {curtisweese} out GRMN short +$.30
[11:14] {dino} gj
[11:14] {curtisweese} thx...got me back after my tivo bloodbath...lol!!!
[11:14] {magoo} uh, vad...........
[11:14] {Threei} I need to review my definitions
[11:15] {magoo} look right
[11:15] {Threei} 11 cents stop bloodbath?
[11:15] * Threei slaps Laserdave1 around a bit with a large trout
[11:15] * magoo slaps Laserdave1 around a bit with a large trout
[11:15] {magoo} chaer??
[11:15] {curtisweese} noooo! i forgot to set my stop and that I was sitting on TIVO....i got sidetracked.....my fault all the way
[11:16] {Laserdave1} hey guys
[11:16] {Threei} even the worst level it reached hardly qualifies as bloodbath, really
[11:16] {dino} he did say that
[11:16] {curtisweese} need GRMN to drop and marktet to just stay stagnant and we can ride it back up $.30 or so it looks like
[11:18] {curtisweese} bought GRMN 62.93
[11:19] {Threei} COIN...
[11:19] {magoo} i wish it was shortable
[11:19] {esemde} I'm gone...all....have a great rest of the day
[11:20] {magoo} wait!!!!!!!!!!!!!!
[11:20] {Threei} take care ese
[11:20] * magoo slaps esemde around a bit with a large trout
[11:20] {esemde} ouuuuuu......felt good
[11:21] {curtisweese} market big drop and GRMN holds....looks good to me as a newbie for $.03 now
[11:21] {curtisweese} i mean $.20 to .30
[11:21] {bruce} careful with grmn curtis - tricky stock
[11:23] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:23] {Chaeron} sorry... was on phone with bank...... (bastards)
[11:23] {magoo} finally
[11:27] {dino} alxn l .60
[11:32] {curtisweese} out GRMN +$.40
[11:32] {curtisweese} too early but pigs get slaughtered ;)
[11:36] {bruce} nice curtis
[11:37] {curtisweese} i think i got the highest price before it dropped....too close for comfort!
[11:40] {Threei} RIMM .61 long
[11:40] {Threei} stop under .40
[11:42] {bruce} ftek long vadster?
[11:43] {Threei} trades by appointment... can't read that
[11:43] {curtisweese} hahahaha
[11:44] {curtisweese} GRMN consolidates....can't figure out which way it is gonna go.... :(
[11:45] {Threei} NASDAQ feels to me like preparing to jump
[11:46] {curtisweese} lunch coming...what does that do typically to the market? anything?
[11:46] {Threei} puts it to sleep
[11:46] {Chaeron} just like it does to me... in RIMM .55
[11:47] {curtisweese} GRMN too close to resistance for me to count on market uptick right now....grrrr
[11:48] {Threei} RIMM 1:1
[11:48] {curtisweese} woot
[11:48] {magoo} is that all we after..usually we type "too soon"
[11:48] {Threei} NASDAQ does it
[11:49] {Threei} I want more mags
[11:49] {Chaeron} out RIMM + .30 Thanks Vad
[11:49] {Threei} but hey
[11:49] {Threei} welcome
[11:49] {curtisweese} nice work on RIMM everyone
[11:49] {Threei} don't let my greed cloud your judgement
[11:49] {curtisweese} Vad is the man!
[11:49] {magoo} i take offence
[11:49] {magoo} i am just as greedy as u
[11:49] {Threei} lol
[11:50] {Threei} but I do partial mags
[11:51] {Threei} guys, wierd stock... see if you can read it
[11:51] {dino} ima stopped -.35
[11:51] {Threei} momo is there
[11:51] {Threei} and sector is attractive
[11:51] {Threei} but volatile as hell
[11:51] {Threei} NOEC
[11:53] {Threei} RUSSIAN FOREIGN MINISTER TELLS GEORGIA THAT JOINING NATO WILL HAVE "CONSEQUENCES"
[11:53] {curtisweese} s GRMN again 63.50 risky!
[11:57] {curtisweese} out GRMN short +$.16
[11:59] {bruce} rimm looks good for more but market not really helping here
[12:00] {curtisweese} darn...ouot too early on the short, but safer this way
[12:01] {magoo} today blows..can't get more than dime
[12:02] {magoo} and only a second to gret it
[12:05] {Threei} market digests a lot of things... needs time to decide
[12:06] {curtisweese} GRMN getting close to buy point again but market could drop and then it will crash...me scared!
[12:09] {bruce} crox looks short
[12:10] {curtisweese} bought GRMN again 63
[12:10] {curtisweese} risky again
[12:12] {dino} s vsec .19
[12:14] {Chaeron} LIBYIAN OIL MINISTER: PRICES LIKELY TO KEEP RISING DUE TO POLITICS AND SPECULATION{USO}
[12:15] {Threei} LIBYIAN FINANCE MINISTER: boy, let it be true
[12:20] {dino} stopped vsec
[12:21] {Threei} NQ makes new lows, RIMM and NVDA don't
[12:21] {Threei} RIMM feels like best bounce candidate on market bounce
[12:23] {Threei} .61 long if stays above .40
[12:24] {magoo} in
[12:26] {Threei} 1:1
[12:26] {magoo} out .85 TY
[12:26] {Threei} :)
[12:27] {magoo} where would u reload it?
[12:28] {Threei} it's "read as you go" market...
[12:28] {Threei} can't tell in advance
[12:28] {magoo} feels up tho
[12:28] {Chaeron} nice one Vad
[12:28] {Chaeron} gj magoo
[12:29] {magoo} ty
[12:33] {dino} alxn stopped flat
[12:33] {bruce} nice read vad - I couldn't read rim one way or other there
[12:35] {dino} ima l .07
[12:39] {Threei} guys, I need to make quick dash to the bank... will be back asap
[12:39] {Threei} (now, where is my ski mask and grenade...)
[12:39] {Chaeron} damn mid day mulitimillion$ deposit runs that you make Vad.......
[12:39] {bruce} k-
[12:39] {bruce} use the instnat teller vad
[12:40] {bruce} it's friendlier
[12:40] {Threei} it doesn't respond to "now, fill this bag, and be quick"
[12:40] {bruce} lol
[12:42] {curtisweese} bought GRMN at 62.80
[12:42] {magoo} u winning on that overall today?
[12:43] {curtisweese} up $1000 on it, but was down 700
[12:43] {dino} amag l .00
[12:43] {magoo} ok then
[12:43] {magoo} nice
[12:49] {dino} ima stopped -.30 done w/it
[12:54] {magoo} l rimm .84
[12:54] {magoo} if mkt goes it should
[12:55] {bruce} I like alxn long here dino
[12:56] {curtisweese} out on GRMN +$.11
[12:56] {bruce} 15c stop looks OK here
[12:57] {dino} holds well
[12:57] {dino} bbottomed around .25 an hour or so agop
[13:05] {magoo} wqaiting .17
[13:05] {magoo} dunno tho
[13:05] {bruce} I was wrong - support didn't hold
[13:06] {bruce} stopped -.14
[13:10] {magoo} stopped
[13:10] {curtisweese} out on GRMN short
[13:11] {magoo} f'in mkt
[13:16] {Chaeron} not a good read day...
[13:17] {Chaeron} Threei's been nailing a few tho... wish his getaway car was faster to get him back here :)
[13:18] {curtisweese} bought GRMN at 62.68
[13:28] {bruce} klac looks like long to me here
[13:29] {magoo} i like RIMM long
[13:31] {curtisweese} here we go....come one!!
[13:31] {curtisweese} i mean come on!!
[13:31] {dino} athn l .85 stop .49
[13:38] {bruce} esi dino
[13:41] {dino} looks up
[13:42] {curtisweese} up on GRMN.....if it breaks 62.94, then I think I'm really happy
[13:45] {bruce} esi still has room for long - possibly a pullback entry?
[13:50] {dino} yes, the only concern, cpla, esi, apol all hit on student loans/financing/auction issues
[13:50] {bruce} k - you think we should leave it alone then?
[13:51] {bruce} initial spike to .60 looked strong
[13:51] {dino} lol my thinking is off today, but i am leaving them alone
[13:51] {bruce} k
[13:51] {bruce} I scalpedit for 10c
[13:52] {bruce} exited on your warning
[13:52] {dino} gj
[13:55] {bruce} lol - win not worth risk - but at leasat it was postiive
[13:56] {curtisweese} here we go...come on....i'm back to even on GRMN
[14:02] {_leo1} hi
[14:02] {bruce} taking break
[14:03] {dino} welcome leo
[14:03] {_leo1} :)
[14:05] {Threei} back
[14:05] {Threei} hi leo
[14:05] {_leo1} hi
[14:05] {Chaeron} bout time....
[14:05] {Chaeron} any probs?
[14:06] {Threei} ok guys, confess... what did you do to market while I was away?
[14:06] {Chaeron} hi leo... didn't see you come in
[14:06] {Chaeron} welcome
[14:06] {_leo1} :)
[14:07] {Threei} 127 break long RIMM if holding above .80
[14:07] {Threei} 107, sorry
[14:09] {Threei} needs NQ to break 1780
[14:11] {Chaeron} in
[14:11] {dino} ugh alxn bruce
[14:11] {Chaeron} .01 sorry
[14:11] {Threei} come on NASDAQ, show some character
[14:12] {magoo} in rimm btw
[14:15] {Threei} good boy RIMM
[14:15] {Threei} up you go
[14:15] {Threei} just don't take your directions from Garmin
[14:15] {curtisweese} hey!!
[14:15] {Threei} lol
[14:16] {magoo} out .23
[14:16] {Threei} 1:1, half out
[14:16] {magoo} TY
[14:16] {Threei} scalpers know what to do
[14:16] * magoo slaps Threei around a bit with a large trout
[14:16] {Threei} hmmm
[14:16] {Threei} me gets back
[14:16] {Threei} me brings magoo money
[14:16] {Threei} magoo slaps me
[14:16] {Threei} anyone finds it sensible?
[14:16] {magoo} thats for just waltzing back in here and picking a winner...rude...slacker
[14:16] {Threei} lol
[14:17] {Threei} if tyou kept half, stop to .89
[14:18] {Threei} and look to dump it closer to .40 - .50
[14:18] {Threei} and btw magoo... that wasn't waltz... that was tango
[14:19] {Threei} as for "rude" comment... I'll have to agree
[14:19] {Threei} that's me
[14:21] {magoo} how'd robbery go?
[14:21] {Threei} fine
[14:21] {Threei} grenade throwing wasn't warranted
[14:21] {magoo} till or vault?
[14:21] {Threei} but I really wanted to have some fun
[14:21] {Chaeron} where you think he got the $$$ for the RIMM trade?
[14:21] {curtisweese} RIMM junkie
[14:21] {Threei} here comes .40
[14:22] {Chaeron} out at .40.... + .39... Thanks Vad
[14:22] {Threei} you are welcome sir
[14:22] {magoo} i reloaded ,20
[14:22] {Chaeron} damn I like Laser execution...
[14:22] {Threei} see magoo how polite people react on winner
[14:22] {Chaeron} and then plug product?
[14:22] {Chaeron} lol
[14:22] {Threei} they say thank you and don't use trout
[14:22] {magoo} out .43 fl
[14:22] {magoo} TY
[14:22] * magoo slaps Threei around a bit with a large trout
[14:22] {Threei} welcome :)
[14:22] * Chaeron slaps Threei around a bit with a large trout
[14:22] {Threei} sheesh
[14:23] {Threei} lol
[14:23] {Threei} I'll go rob another bank
[14:23] {Chaeron} there goes .50
[14:23] {Chaeron} :P
[14:23] {Chaeron} lol
[14:23] {Threei} you guys simply have no concept of covilized behavior
[14:23] {Chaeron} yeah well, you let anyone in here.......
[14:23] {Threei} leo, you have fresh eye... see what I have to put up with?
[14:23] {curtisweese} i just stopped in to use the bathroom
[14:24] {Threei} gang I rob banks with is less of bandits than these guys
[14:24] {Chaeron} heck with his eye... I hope he took the trade
[14:24] {Threei} out RIMM .45
[14:25] {dptl} lol...you guys:)......got to go .....have a good evening all :)
[14:25] {Threei} take care dp
[14:27] {Chaeron} .
[14:28] {magoo} bye dp:)
[14:31] {Threei} 1785 is now critical level for NQ
[14:31] {Threei} if we break it, uptrend should hold for a while
[14:32] {Threei} and if downtrend resumes, NVDA will be my short candidate
[14:34] {Threei} not looking to go long NVDA, doesn't feel appealing
[14:36] {Threei} AAPL intriguing
[14:36] {Threei} long as close to 123 as possible
[14:37] {Threei} stop under 122.90
[14:37] {Threei} NQ breaks 1785, AAPL should give .35-.40 easy
[14:38] {Threei} in
[14:39] {Threei} no worky
[14:39] {Chaeron} out AAPL -.11
[14:39] {Threei} same
[14:39] {Threei} price of aggresive entry
[14:39] {curtisweese} out GRMN +$.22
[14:40] {curtisweese} shorting GRMN now at 62.85
[14:43] {Threei} missed NVDA close to .60 resissatnce, was at .54 when NASDAQ started its descend
[14:43] {Threei} grr
[14:46] {Threei} AMZN is having bad case of deforestation or what
[14:48] {curtisweese} i lost on that short :( -$.22
[14:48] {Threei} GRMN?
[14:49] {curtisweese} i short....nasdaq drops a lot and GRMN decides to spike up....lol
[14:49] {Threei} why you insist on trading it?
[14:49] {Threei} leave it alone, it's not an easy stock to navigate today
[14:49] {Threei} also, compare its chart with one of NASDAQ
[14:49] {Threei} do you see mcuh correlation?
[14:50] {curtisweese} no
[14:50] {Threei} it trades on its own today
[14:51] {magoo} vad, aapl bounce??
[14:51] {Threei} not sure
[14:51] {Threei} but what the hell is going on with AMZN?
[14:52] {magoo} u thinkin bounce?
[14:52] {Threei} yes, .30 long .10 stop
[14:53] {Threei} double bottom comfirmation
[14:53] {curtisweese} have a good one everyone. i have to go hit my normal job up now. :)
[14:54] {Threei} take care curtis
[14:54] {magoo} bye curt:)
[14:54] {Threei} .26 trigger AMZN
[14:55] {magoo} in .25
[14:55] {Threei} no
[14:55] {dino} cya curt
[14:55] {Threei} .25 is resistance by big seller
[14:55] {Threei} need to see his giving up first
[14:56] {Threei} there... now it should go
[14:56] {Chaeron} sigh.... AMZN... nice aggressive entry magoo
[14:58] {Threei} .50 break is next milestone
[14:58] {magoo} out .45 TY
[14:59] {Threei} after that .70-.80 should be piece of cake
[15:01] {Threei} NASDAQ just can't hold anything today, can it
[15:03] {Threei} can't believe I missed NVDA short
[15:08] {curtisweese} Don't hate me but I bought GRMN big at 62.61 I couldn't help it, it is soooo cheap
[15:08] {curtisweese} okay, i gotta go though....quick scalp and out
[15:08] {Threei} lol
[15:08] {Threei} we won't hate you this time
[15:08] {Threei} but tomorrow will be totally different story
[15:09] {Threei} I don't see any AMZN news
[15:09] {dino} amag stop flat
[15:09] {Threei} it's much weaker than market warrants
[15:13] {dino} athn stopped -.35
[15:14] {dino} grmn l .70
[15:15] {curtisweese} yay...a fellow GRMN trader....i might play this as a swing since i don't want to sell and have to leave.....hmmmm
[15:16] {Threei} ah come on
[15:16] {Threei} is it worth such risk?
[15:16] {curtisweese} hahahahhaa!!1
[15:16] {curtisweese} just kiddin
[15:16] {curtisweese} that was for you
[15:16] {Threei} for all you know it can open another 10 points down tomorrow
[15:17] {dino} such negativity
[15:18] {curtisweese} dino, you gonna ride it past $62.94 range or bail?
[15:21] {dino} thought so, but...
[15:21] {dino} am waiting at 63.34, but depends
[15:22] {curtisweese} if market comes back just a bit, it runs past i think...but market sucks
[15:22] {dino} agree
[15:23] {dino} on all counts
[15:23] {curtisweese} it's going up while market drops, so it WANTS to go up....lol
[15:26] {dino} wall at .00
[15:27] {curtisweese} here we go
[15:27] {curtisweese} come on ...just a lil push from market
[15:27] {curtisweese} doh!
[15:29] {bruce} heading out
[15:29] {bruce} take care all
[15:29] {Threei} take care bruce
[15:30] {dino} cya bruce
[15:31] {curtisweese} out
[15:31] {dino} out .10, +.40
[15:31] {Threei} good job
[15:31] {curtisweese} out GRMN +$.54 for me with a 1000 shars.....yay!!
[15:32] {magoo} vad, aapl long/
[15:32] {magoo} rimm long?
[15:32] {dino} gj
[15:36] {Threei} no magoo
[15:38] {curtisweese} shorting GRMN lol!!
[15:40] {curtisweese} out on short..... +$.11
[15:41] {dino} qid s .02
[15:41] {curtisweese} ok...now i'm late....bye everyone see you tomorrow (i hope){don't want to jinx myself}
[15:48] {Chaeron} see you guys tomorrow too.... thanks all... thanks Vad
[15:48] {Threei} take care chaeron
[15:53] {Threei} nervous market
[15:53] {Threei} what else is new though
[15:54] {dino} qid stopped -.16
[15:57] {dino} spwr l .35
[15:57] {Threei} OK guys, thank you all
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {magoo} ty vad
[15:57] {dino} out .65, +.30
[15:57] {Threei} since we alternate days now, tomorrow is bull market
[15:58] {dino} tomorrow gap down open then close positive. this is the new way
[15:59] {dino} nnds
[15:59] {Threei} and overall up is new down
[16:00] {Threei} down is new up
[16:00] {Threei} what's with HOKU?
[16:00] {Threei} magoo bought whole float or what
[16:02] {magoo} intu bad?
[08:19] {Threei} Good morning
[08:19] {Threei} was satellite shooting a success?
[08:21] {hawkfan4} my attempt was unsuccessful
[08:21] {Threei} and theirs?
[08:21] {Threei} just need to know if I need an umbrella when I have to go out in a few hours
[08:21] {hawkfan4} no idea
[08:22] {Threei} debris falling from the sky, you know
[08:23] {hawkfan4} Sattelite debris: 'Nothing bigger than a football'
[08:23] {hawkfan4} Honolulu Advertiser, HI - 28 minutes ago
[08:23] {hawkfan4} AP WASHINGTON (AP) — A US missile smashed a disabled spy satellite that was headed for earth and the military is tracking the debris as it falls over the ...
[08:25] {hawkfan4} i think a football size chunk of sattelite could still hurt a bit
[08:28] {Threei} cool, ty
[08:28] {esemde} Vad bruce hawk jm........you all...is up early...
[08:29] {hawkfan4} morning
[08:29] {esemde} my my ....what is going on this morning....shooting satelites out of the sky
[08:30] {Threei} ese :)
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 349K V 349KE; CONTINUING CLAIMS 2.784M V 2.760ME
- Prior jobless claims revised from 348K to 358K
[08:30] {Threei} - Prior continuing claims revised from 2.761M to 2.736M
[08:33] {Threei} MSFT
[08:33] {Threei} EXPECTS TO MAKE SIGNIFICANT COMPANY ANNOUNCEMENT AT 8:30AMPST
- Notes that announcement is not related to Yahoo
[08:33] {Threei} chapter 11?
[08:34] {magoo} mornimng\
[08:34] {esemde} ha ha ha ha......
[08:34] {Threei} magoo :)
[08:35] {esemde} magoo
[08:35] {bruce} mornin hawk
[08:35] {bruce} magstradamus
[08:36] {bruce} the satelites done vad - they nailed it
[08:36] {magoo} they hit that sattelite on first attempt vad, pretty amazing
[08:36] {Threei} no kidding
[08:37] {Threei} stuff right out of Hollywood eh?
[08:37] {magoo} u would think we could place a missile right up osama's butt if we could find him
[08:37] {magoo} they were prepared to fire up to 3 i believe
[08:38] {Threei} ese, look dcc please
[08:43] {magoo} man vad, look at RIMM
[08:43] {magoo} what happened?
[08:45] {hawkfan4} 21-Feb-08 06:37 ET In Play Research In Motion reaffirms EPS & revs guidance; raises subscriber additions guidance (97.91 )
[08:45] {magoo} thanx hawk :)
[08:46] {hawkfan4} np :)
[08:47] {esemde} any word on the MSFT news
[08:47] {Threei} trying to make up my mind whether I want to get back in VLNC as it breaks out again
[08:48] {Threei} no, not yet
[08:48] {Threei} it was 8:30 PST
[08:48] {Threei} not EST
[08:49] {Threei} ETA is 2h 40 m :)
[08:49] {esemde} looked on yahoo....article says yahoo msft done deal
[08:49] {esemde} sorry....now readin another article thats says no deal
[08:51] {Threei} third will say there is no such company as msft... and 4th will deny existence of yahoo
[08:56] {Threei} maybe MSFT will say they abandon software business?
[08:56] {Threei} focus on toilet paper production
[08:57] {esemde} yuk yuk
[08:57] {bruce} cnbc reports fear of stagflation
[08:58] {bruce} satelite debris and now male deer
[08:58] {bruce} always something new to worry about
[09:03] {bruce} just shows you -
[09:04] {bruce} the sky IS falling and the wildlife is out to GET YOU
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {bruce} hey dino
[09:05] {esemde} dino
[09:06] {bruce} vdsi gapdown
[09:07] {dino} gm bruce, es, 3i
[09:08] {curtisweese} wow, RIMM had some good breakfast this morning
[09:09] {Threei} question is whether it gets lobster for dinner
[09:09] {bruce} alxn 4 straight large down days
[09:09] {cosmo} ...can't find any news on that satelite ... all that's on is John McCain....wha happened?
[09:10] {Raven}
3 satellite is toast
[09:10] {Raven}
3 they hit it
[09:11] {Threei} and now theskyisfalling
[09:11] {cosmo} where?... over China?
[09:11] {curtisweese} RIMM looks like it is trying to hit same price as AAPL, so they really track together
[09:11] {Raven}
3 dunno ... they hit it when they wanted to hit it
[09:12] {Raven}
3 debris pieces no larger than a football so they say
[09:12] {Raven}
3 wear your hard hat when walking the dog
[09:13] {cosmo} dogs
[09:13] {Raven}
3 dogs ... sorry
[09:13] {curtisweese} NEW YORK (Dow Jones)--Shares of Research In Motion Ltd. (RIMM) rose 11% to $109 before the opening bell Thursday after the BlackBerry service provider boosted its fiscal fourth-quarter subscriber-growth forecast by 15% to 20%.
[09:13] {curtisweese} Total subscribership is expected to stand near 14 million when the quarter ends March 1.
[09:13] {curtisweese} RIM reiterated its forecasts of earnings between 66 cents and 70 cents a share on revenue of $1.8 billion to $1.87 billion. The quarter's results are slated to be issued April 2.
[09:15] {curtisweese} nice work mccain
[09:15] {magoo} on mccain..who gives a hoot? clinton /cigar in white house
[09:15] {magoo} and it was alleged in 2000, 8 yrs ago
[09:16] {Threei} who said you may use fresh dirt only for each battle
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:17] {curtisweese} "I wasn't friendly with that Lobbyist!!! She was going down on ME!"
[09:17] {dino} lol
[09:18] {magoo} msft"significant company announcemt" @ 11:30
[09:18] {Threei} yes mags
[09:19] {Threei} we had several suggestions about possible topic earlier
[09:19] {Threei} I think I had the coolest idea but ese said it was yuky
[09:19] {curtisweese} what stocks on the radar this morning for possible targetting for trades?
[09:20] {magoo} i just meant thats the time of day
[09:20] {Threei} want to see what VLNC does, for possible continuation,
[09:20] {Threei} COIN is a runner when market runs,
[09:20] {Threei} SEED the same,
[09:20] {Threei} frikin TIVO got away, gapped over resistance
[09:20] {Threei} but still on watch
[09:21] {Threei} and anything that scanner spits out in a process :)
[09:22] {curtisweese} Didn't NVTL have bad earnings? It is up right now.....hmmm
[09:23] {Threei} earnings were OK, guidance was lower
[09:23] {dino} tgt to sell, sti to underperform
[09:25] {bruce} aci poised for possible 55 break
[09:26] {magoo} grmn could recover today if mkt want up
[09:26] {magoo} on watch
[09:26] {curtisweese} i was looking at grmn too........
[09:26] {cosmo} BCSI pre mkt high = 31.22 fwiw
[09:27] {dino} throw some heat to PA, that 6 degree 2 mile is getting old
[09:28] {dino} ssrx
[09:28] {curtisweese} jeez ....if market stutters, aapl might be a good short candidate ....down to 124.45 (or it could race up and take all my money
[09:31] {bruce} bcsi long vad?
[09:31] {magoo} watching rimm as bounce, any read vad?
[09:32] {Threei} let initial market jumps end and show direction
[09:32] {dino} tgt s .50
[09:32] {Threei} TIVO, 9.10 long if gets hit
[09:33] {Threei} if loses 9, re-evaluating later
[09:33] {curtisweese} NVTL just got crushed
[09:33] {curtisweese} aapl short would have worked....grrr
[09:33] {Threei} RIMM becomes interesing
[09:34] {Threei} still a bit too jumpy
[09:34] {magoo} yep
[09:34] {bruce} if tivo fires - stop just under 9?
[09:34] {Threei} depends on where it bottoms out on this pullback
[09:35] {bruce} pros big jump
[09:36] {Threei} if market jumps, aggressive entry possible on TIVO
[09:36] {Threei} only into upticking resumed, not while it sells
[09:36] {magoo} schizo open
[09:37] {bruce} itri going long - real jumpy stock though
[09:38] {cosmo} snps
[09:38] {dino} tgt stopped -.31
[09:39] {Threei} COIN .20 long half lot if stays above 12
[09:40] {Threei} TIVO triggered
[09:41] {Threei} COIN invalidated
[09:42] {curtisweese} what exits for TVIO? i'm in barely
[09:42] {Threei} SOLF .60 long half lot
[09:43] {Threei} stop under .40
[09:43] {Threei} let it trade for now curtis
[09:45] {Threei} look to sell half on spike over .20
[09:49] {Threei} JNPR .41 long if stays above .30
[09:51] {curtisweese} man grmn keeps dropping
[09:53] {dino} waiting at 62.01
[09:54] {dino} close to retest]
[09:54] {bruce} crox possible short
[09:54] {magoo} grmn 52 wk low 50
[09:55] {Threei} FABER ON CNBC SAYS HE'S HEARING THE MSFT ANNOUNCEMENT CONCERNS "INTEROPERABILITY"
[09:55] {dino} yesterday magoo, stay w/me
[09:55] {curtisweese} dino, you going to buy in on GRMN at 62.01 then?
[09:55] {magoo} i meant, near lows
[09:56] {dino} if it gets there
[09:56] {magoo} off of 145
[09:56] {dino} if mkt goes up, i'll have to move up too
[09:57] {dino} not going to get there
[09:57] {Threei} we have numbers in couple min
[09:58] {Threei} leading indicator
[09:58] {Threei} and philadelphia index
[09:59] {curtisweese} missed it this jump
[09:59] {dino} maybe so
[10:00] {Threei} JAN LEADING INDICATORS: -0.1% V -0.1%E- prior revised from -0.2% to %
[10:00] {Threei} FEB PHILADELPHIA FED INDEX: -24 V -10E
[10:00] {Threei} wow
[10:00] {dino} mkt drop
[10:01] {Threei} - New Orders: -10.9 v -15.2 prior
[10:01] {Threei} - Employment: 2.5 v -1.5 prior
[10:01] {Threei} - Prices Paid: 46.6 v 49.8 prior
[10:01] {Threei} - Inventories: -13 v -11.7 prior
[10:02] {magoo} man, schozo mkt
[10:03] {cosmo} ssrx healing?
[10:03] {cosmo} 8.75 hod
[10:03] {cosmo} so far
[10:05] {Chaeron} hi all
[10:05] {Threei} chaeron :)
[10:05] {curtisweese} patience you going to Bellevue Square mall tomorrow?
[10:05] {dino} itri sm s .41
[10:05] * magoo slaps Chaeron around a bit with a large trout
[10:06] {Chaeron} heheh
[10:08] {dino} hurn l .50
[10:09] {bruce} tivo stop just under 9?
[10:09] {Threei} yes
[10:09] {dino} itri stopped -.40 sm
[10:09] {esemde} CSGP....
[10:11] {magoo} double bottom rimm vad?
[10:12] {Threei} yes but don't chase, use its natural volaitlity to get in on pullback
[10:12] {Threei} there
[10:14] {Threei} chart wise pullback was just right, now it's in NQ hands
[10:14] {Threei} you got it?
[10:14] {magoo} out
[10:14] {magoo} + .30
[10:15] {Threei} .30 - .81 here
[10:15] {magoo} small
[10:15] {magoo} TY
[10:15] {Threei} and too soon, lol
[10:15] {magoo} again
[10:16] {Threei} need pullback to .50 to get me interested again but doesn't look like going to happen
[10:20] {Threei} US TREASURY'S STEEL: STUDYING NEW MORTGAGE REFINANCING PROPOSAL INVOLVING "NEGATIVE EQUITY CERTIFICATES"- Ideas to help prevent US homeowners from entering foreclosure a good thing
[10:26] {Threei} KLAC .31 long if stays above .20
[10:27] {magoo} full?
[10:27] {Threei} yes
[10:29] {Threei} holding well so far, needs market help
[10:29] {magoo} bounced right at .21
[10:29] {Threei} noticeably stronger than overall market
[10:29] {curtisweese} GRMN is fighting and seems like it doesn't want to drop down to 62ish
[10:30] {Threei} 1:1
[10:30] {magoo} in
[10:30] {dino} vtal s .64
[10:30] {dptl} out klac ty
[10:30] {Threei} welcome
[10:30] {Threei} DOE CRUDE: +4.2M V +2.5ME ; GASOLINE: +1.03M V +700KE ; DISTILLATES: V -1.6ME ; UTILIZATION: % V 85.1%E
[10:30] {Chaeron} in KLAC
[10:32] {magoo} way fast..i still in
[10:33] {magoo} mkt killing it
[10:34] {Threei} as long as .20 holding, it's valid
[10:34] {magoo} mkt spike down scared mago
[10:35] {curtisweese} in GRMN 63.10 come on market!
[10:36] {Threei} stop 62.90 IMO, curtis
[10:36] {curtisweese} i put it at .80, but .90 sounds great
[10:36] {Threei} latest bounce is off .93
[10:37] {magoo} klac always gets me
[10:39] {Chaeron} me too
[10:39] {cosmo} ntes
[10:39] {cosmo} late
[10:42] {bruce} vdsi possible long reversal here
[10:42] {dino} vtal bstop to .20
[10:43] {dino} lod's
[10:46] {magoo} what the f is wrong now with mkt?
[10:46] {curtisweese} msft announcement
[10:46] {curtisweese} interoperability
[10:47] {dino} vtal to .11
[10:49] {dino} vtal cov .11, +.53
[10:50] {dino} grmn l .00
[10:51] {bruce} givn dino
[10:52] {dino} y
[10:54] {curtisweese} i'm out on GRMN +$.08 only hehehe...i got scared
[10:54] {dino} out grmn .24, +.24
[10:54] {dino} way soon
[10:54] {curtisweese} crap!! forgot about tivo......down n that a lot....
[10:55] {bruce} klac short setup now
[10:56] {curtisweese} threei you out on TIVO now right...i forgot to set stop ... :(
[10:57] {Threei} it lost 9... of course out
[10:57] {curtisweese} i only had small shares so no biggie :)
[10:57] {curtisweese} lol...now it goes up a bit
[10:59] {magoo} short qid vad?
[10:59] {Threei} hmmm
[10:59] {Threei} you see nasdaq as reversal here?
[10:59] {magoo} soon
[10:59] {Threei} not yet...
[11:01] {dino} vtal s .96
[11:01] {dino} stop .21
[11:01] {curtisweese} dang, i wish i had shorted AAPL this morning
[11:02] {dino} grmn getting stronger imo
[11:02] {curtisweese} yep wiating for 63.78 or so to buy again
[11:04] {curtisweese} or short...lol
[11:05] {bruce} vad asyt -looks like your kind of long play
[11:06] {Threei} way too slow...
[11:06] {dino} ima l .15
[11:08] {bruce} k
[11:10] {curtisweese} shorted GRMN at 63.50
[11:11] {dino} vtal stopped -.26
[11:13] {bruce} gutsy curtis - nice move
[11:13] {curtisweese} out GRMN short +$.30
[11:14] {dino} gj
[11:14] {curtisweese} thx...got me back after my tivo bloodbath...lol!!!
[11:14] {magoo} uh, vad...........
[11:14] {Threei} I need to review my definitions
[11:15] {magoo} look right
[11:15] {Threei} 11 cents stop bloodbath?
[11:15] * Threei slaps Laserdave1 around a bit with a large trout
[11:15] * magoo slaps Laserdave1 around a bit with a large trout
[11:15] {magoo} chaer??
[11:15] {curtisweese} noooo! i forgot to set my stop and that I was sitting on TIVO....i got sidetracked.....my fault all the way
[11:16] {Laserdave1} hey guys
[11:16] {Threei} even the worst level it reached hardly qualifies as bloodbath, really
[11:16] {dino} he did say that
[11:16] {curtisweese} need GRMN to drop and marktet to just stay stagnant and we can ride it back up $.30 or so it looks like
[11:18] {curtisweese} bought GRMN 62.93
[11:19] {Threei} COIN...
[11:19] {magoo} i wish it was shortable
[11:19] {esemde} I'm gone...all....have a great rest of the day
[11:20] {magoo} wait!!!!!!!!!!!!!!
[11:20] {Threei} take care ese
[11:20] * magoo slaps esemde around a bit with a large trout
[11:20] {esemde} ouuuuuu......felt good
[11:21] {curtisweese} market big drop and GRMN holds....looks good to me as a newbie for $.03 now
[11:21] {curtisweese} i mean $.20 to .30
[11:21] {bruce} careful with grmn curtis - tricky stock
[11:23] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:23] {Chaeron} sorry... was on phone with bank...... (bastards)
[11:23] {magoo} finally
[11:27] {dino} alxn l .60
[11:32] {curtisweese} out GRMN +$.40
[11:32] {curtisweese} too early but pigs get slaughtered ;)
[11:36] {bruce} nice curtis
[11:37] {curtisweese} i think i got the highest price before it dropped....too close for comfort!
[11:40] {Threei} RIMM .61 long
[11:40] {Threei} stop under .40
[11:42] {bruce} ftek long vadster?
[11:43] {Threei} trades by appointment... can't read that
[11:43] {curtisweese} hahahaha
[11:44] {curtisweese} GRMN consolidates....can't figure out which way it is gonna go.... :(
[11:45] {Threei} NASDAQ feels to me like preparing to jump
[11:46] {curtisweese} lunch coming...what does that do typically to the market? anything?
[11:46] {Threei} puts it to sleep
[11:46] {Chaeron} just like it does to me... in RIMM .55
[11:47] {curtisweese} GRMN too close to resistance for me to count on market uptick right now....grrrr
[11:48] {Threei} RIMM 1:1
[11:48] {curtisweese} woot
[11:48] {magoo} is that all we after..usually we type "too soon"
[11:48] {Threei} NASDAQ does it
[11:49] {Threei} I want more mags
[11:49] {Chaeron} out RIMM + .30 Thanks Vad
[11:49] {Threei} but hey
[11:49] {Threei} welcome
[11:49] {curtisweese} nice work on RIMM everyone
[11:49] {Threei} don't let my greed cloud your judgement
[11:49] {curtisweese} Vad is the man!
[11:49] {magoo} i take offence
[11:49] {magoo} i am just as greedy as u
[11:49] {Threei} lol
[11:50] {Threei} but I do partial mags
[11:51] {Threei} guys, wierd stock... see if you can read it
[11:51] {dino} ima stopped -.35
[11:51] {Threei} momo is there
[11:51] {Threei} and sector is attractive
[11:51] {Threei} but volatile as hell
[11:51] {Threei} NOEC
[11:53] {Threei} RUSSIAN FOREIGN MINISTER TELLS GEORGIA THAT JOINING NATO WILL HAVE "CONSEQUENCES"
[11:53] {curtisweese} s GRMN again 63.50 risky!
[11:57] {curtisweese} out GRMN short +$.16
[11:59] {bruce} rimm looks good for more but market not really helping here
[12:00] {curtisweese} darn...ouot too early on the short, but safer this way
[12:01] {magoo} today blows..can't get more than dime
[12:02] {magoo} and only a second to gret it
[12:05] {Threei} market digests a lot of things... needs time to decide
[12:06] {curtisweese} GRMN getting close to buy point again but market could drop and then it will crash...me scared!
[12:09] {bruce} crox looks short
[12:10] {curtisweese} bought GRMN again 63
[12:10] {curtisweese} risky again
[12:12] {dino} s vsec .19
[12:14] {Chaeron} LIBYIAN OIL MINISTER: PRICES LIKELY TO KEEP RISING DUE TO POLITICS AND SPECULATION{USO}
[12:15] {Threei} LIBYIAN FINANCE MINISTER: boy, let it be true
[12:20] {dino} stopped vsec
[12:21] {Threei} NQ makes new lows, RIMM and NVDA don't
[12:21] {Threei} RIMM feels like best bounce candidate on market bounce
[12:23] {Threei} .61 long if stays above .40
[12:24] {magoo} in
[12:26] {Threei} 1:1
[12:26] {magoo} out .85 TY
[12:26] {Threei} :)
[12:27] {magoo} where would u reload it?
[12:28] {Threei} it's "read as you go" market...
[12:28] {Threei} can't tell in advance
[12:28] {magoo} feels up tho
[12:28] {Chaeron} nice one Vad
[12:28] {Chaeron} gj magoo
[12:29] {magoo} ty
[12:33] {dino} alxn stopped flat
[12:33] {bruce} nice read vad - I couldn't read rim one way or other there
[12:35] {dino} ima l .07
[12:39] {Threei} guys, I need to make quick dash to the bank... will be back asap
[12:39] {Threei} (now, where is my ski mask and grenade...)
[12:39] {Chaeron} damn mid day mulitimillion$ deposit runs that you make Vad.......
[12:39] {bruce} k-
[12:39] {bruce} use the instnat teller vad
[12:40] {bruce} it's friendlier
[12:40] {Threei} it doesn't respond to "now, fill this bag, and be quick"
[12:40] {bruce} lol
[12:42] {curtisweese} bought GRMN at 62.80
[12:42] {magoo} u winning on that overall today?
[12:43] {curtisweese} up $1000 on it, but was down 700
[12:43] {dino} amag l .00
[12:43] {magoo} ok then
[12:43] {magoo} nice
[12:49] {dino} ima stopped -.30 done w/it
[12:54] {magoo} l rimm .84
[12:54] {magoo} if mkt goes it should
[12:55] {bruce} I like alxn long here dino
[12:56] {curtisweese} out on GRMN +$.11
[12:56] {bruce} 15c stop looks OK here
[12:57] {dino} holds well
[12:57] {dino} bbottomed around .25 an hour or so agop
[13:05] {magoo} wqaiting .17
[13:05] {magoo} dunno tho
[13:05] {bruce} I was wrong - support didn't hold
[13:06] {bruce} stopped -.14
[13:10] {magoo} stopped
[13:10] {curtisweese} out on GRMN short
[13:11] {magoo} f'in mkt
[13:16] {Chaeron} not a good read day...
[13:17] {Chaeron} Threei's been nailing a few tho... wish his getaway car was faster to get him back here :)
[13:18] {curtisweese} bought GRMN at 62.68
[13:28] {bruce} klac looks like long to me here
[13:29] {magoo} i like RIMM long
[13:31] {curtisweese} here we go....come one!!
[13:31] {curtisweese} i mean come on!!
[13:31] {dino} athn l .85 stop .49
[13:38] {bruce} esi dino
[13:41] {dino} looks up
[13:42] {curtisweese} up on GRMN.....if it breaks 62.94, then I think I'm really happy
[13:45] {bruce} esi still has room for long - possibly a pullback entry?
[13:50] {dino} yes, the only concern, cpla, esi, apol all hit on student loans/financing/auction issues
[13:50] {bruce} k - you think we should leave it alone then?
[13:51] {bruce} initial spike to .60 looked strong
[13:51] {dino} lol my thinking is off today, but i am leaving them alone
[13:51] {bruce} k
[13:51] {bruce} I scalpedit for 10c
[13:52] {bruce} exited on your warning
[13:52] {dino} gj
[13:55] {bruce} lol - win not worth risk - but at leasat it was postiive
[13:56] {curtisweese} here we go...come on....i'm back to even on GRMN
[14:02] {_leo1} hi
[14:02] {bruce} taking break
[14:03] {dino} welcome leo
[14:03] {_leo1} :)
[14:05] {Threei} back
[14:05] {Threei} hi leo
[14:05] {_leo1} hi
[14:05] {Chaeron} bout time....
[14:05] {Chaeron} any probs?
[14:06] {Threei} ok guys, confess... what did you do to market while I was away?
[14:06] {Chaeron} hi leo... didn't see you come in
[14:06] {Chaeron} welcome
[14:06] {_leo1} :)
[14:07] {Threei} 127 break long RIMM if holding above .80
[14:07] {Threei} 107, sorry
[14:09] {Threei} needs NQ to break 1780
[14:11] {Chaeron} in
[14:11] {dino} ugh alxn bruce
[14:11] {Chaeron} .01 sorry
[14:11] {Threei} come on NASDAQ, show some character
[14:12] {magoo} in rimm btw
[14:15] {Threei} good boy RIMM
[14:15] {Threei} up you go
[14:15] {Threei} just don't take your directions from Garmin
[14:15] {curtisweese} hey!!
[14:15] {Threei} lol
[14:16] {magoo} out .23
[14:16] {Threei} 1:1, half out
[14:16] {magoo} TY
[14:16] {Threei} scalpers know what to do
[14:16] * magoo slaps Threei around a bit with a large trout
[14:16] {Threei} hmmm
[14:16] {Threei} me gets back
[14:16] {Threei} me brings magoo money
[14:16] {Threei} magoo slaps me
[14:16] {Threei} anyone finds it sensible?
[14:16] {magoo} thats for just waltzing back in here and picking a winner...rude...slacker
[14:16] {Threei} lol
[14:17] {Threei} if tyou kept half, stop to .89
[14:18] {Threei} and look to dump it closer to .40 - .50
[14:18] {Threei} and btw magoo... that wasn't waltz... that was tango
[14:19] {Threei} as for "rude" comment... I'll have to agree
[14:19] {Threei} that's me
[14:21] {magoo} how'd robbery go?
[14:21] {Threei} fine
[14:21] {Threei} grenade throwing wasn't warranted
[14:21] {magoo} till or vault?
[14:21] {Threei} but I really wanted to have some fun
[14:21] {Chaeron} where you think he got the $$$ for the RIMM trade?
[14:21] {curtisweese} RIMM junkie
[14:21] {Threei} here comes .40
[14:22] {Chaeron} out at .40.... + .39... Thanks Vad
[14:22] {Threei} you are welcome sir
[14:22] {magoo} i reloaded ,20
[14:22] {Chaeron} damn I like Laser execution...
[14:22] {Threei} see magoo how polite people react on winner
[14:22] {Chaeron} and then plug product?
[14:22] {Chaeron} lol
[14:22] {Threei} they say thank you and don't use trout
[14:22] {magoo} out .43 fl
[14:22] {magoo} TY
[14:22] * magoo slaps Threei around a bit with a large trout
[14:22] {Threei} welcome :)
[14:22] * Chaeron slaps Threei around a bit with a large trout
[14:22] {Threei} sheesh
[14:23] {Threei} lol
[14:23] {Threei} I'll go rob another bank
[14:23] {Chaeron} there goes .50
[14:23] {Chaeron} :P
[14:23] {Chaeron} lol
[14:23] {Threei} you guys simply have no concept of covilized behavior
[14:23] {Chaeron} yeah well, you let anyone in here.......
[14:23] {Threei} leo, you have fresh eye... see what I have to put up with?
[14:23] {curtisweese} i just stopped in to use the bathroom
[14:24] {Threei} gang I rob banks with is less of bandits than these guys
[14:24] {Chaeron} heck with his eye... I hope he took the trade
[14:24] {Threei} out RIMM .45
[14:25] {dptl} lol...you guys:)......got to go .....have a good evening all :)
[14:25] {Threei} take care dp
[14:27] {Chaeron} .
[14:28] {magoo} bye dp:)
[14:31] {Threei} 1785 is now critical level for NQ
[14:31] {Threei} if we break it, uptrend should hold for a while
[14:32] {Threei} and if downtrend resumes, NVDA will be my short candidate
[14:34] {Threei} not looking to go long NVDA, doesn't feel appealing
[14:36] {Threei} AAPL intriguing
[14:36] {Threei} long as close to 123 as possible
[14:37] {Threei} stop under 122.90
[14:37] {Threei} NQ breaks 1785, AAPL should give .35-.40 easy
[14:38] {Threei} in
[14:39] {Threei} no worky
[14:39] {Chaeron} out AAPL -.11
[14:39] {Threei} same
[14:39] {Threei} price of aggresive entry
[14:39] {curtisweese} out GRMN +$.22
[14:40] {curtisweese} shorting GRMN now at 62.85
[14:43] {Threei} missed NVDA close to .60 resissatnce, was at .54 when NASDAQ started its descend
[14:43] {Threei} grr
[14:46] {Threei} AMZN is having bad case of deforestation or what
[14:48] {curtisweese} i lost on that short :( -$.22
[14:48] {Threei} GRMN?
[14:49] {curtisweese} i short....nasdaq drops a lot and GRMN decides to spike up....lol
[14:49] {Threei} why you insist on trading it?
[14:49] {Threei} leave it alone, it's not an easy stock to navigate today
[14:49] {Threei} also, compare its chart with one of NASDAQ
[14:49] {Threei} do you see mcuh correlation?
[14:50] {curtisweese} no
[14:50] {Threei} it trades on its own today
[14:51] {magoo} vad, aapl bounce??
[14:51] {Threei} not sure
[14:51] {Threei} but what the hell is going on with AMZN?
[14:52] {magoo} u thinkin bounce?
[14:52] {Threei} yes, .30 long .10 stop
[14:53] {Threei} double bottom comfirmation
[14:53] {curtisweese} have a good one everyone. i have to go hit my normal job up now. :)
[14:54] {Threei} take care curtis
[14:54] {magoo} bye curt:)
[14:54] {Threei} .26 trigger AMZN
[14:55] {magoo} in .25
[14:55] {Threei} no
[14:55] {dino} cya curt
[14:55] {Threei} .25 is resistance by big seller
[14:55] {Threei} need to see his giving up first
[14:56] {Threei} there... now it should go
[14:56] {Chaeron} sigh.... AMZN... nice aggressive entry magoo
[14:58] {Threei} .50 break is next milestone
[14:58] {magoo} out .45 TY
[14:59] {Threei} after that .70-.80 should be piece of cake
[15:01] {Threei} NASDAQ just can't hold anything today, can it
[15:03] {Threei} can't believe I missed NVDA short
[15:08] {curtisweese} Don't hate me but I bought GRMN big at 62.61 I couldn't help it, it is soooo cheap
[15:08] {curtisweese} okay, i gotta go though....quick scalp and out
[15:08] {Threei} lol
[15:08] {Threei} we won't hate you this time
[15:08] {Threei} but tomorrow will be totally different story
[15:09] {Threei} I don't see any AMZN news
[15:09] {dino} amag stop flat
[15:09] {Threei} it's much weaker than market warrants
[15:13] {dino} athn stopped -.35
[15:14] {dino} grmn l .70
[15:15] {curtisweese} yay...a fellow GRMN trader....i might play this as a swing since i don't want to sell and have to leave.....hmmmm
[15:16] {Threei} ah come on
[15:16] {Threei} is it worth such risk?
[15:16] {curtisweese} hahahahhaa!!1
[15:16] {curtisweese} just kiddin
[15:16] {curtisweese} that was for you
[15:16] {Threei} for all you know it can open another 10 points down tomorrow
[15:17] {dino} such negativity
[15:18] {curtisweese} dino, you gonna ride it past $62.94 range or bail?
[15:21] {dino} thought so, but...
[15:21] {dino} am waiting at 63.34, but depends
[15:22] {curtisweese} if market comes back just a bit, it runs past i think...but market sucks
[15:22] {dino} agree
[15:23] {dino} on all counts
[15:23] {curtisweese} it's going up while market drops, so it WANTS to go up....lol
[15:26] {dino} wall at .00
[15:27] {curtisweese} here we go
[15:27] {curtisweese} come on ...just a lil push from market
[15:27] {curtisweese} doh!
[15:29] {bruce} heading out
[15:29] {bruce} take care all
[15:29] {Threei} take care bruce
[15:30] {dino} cya bruce
[15:31] {curtisweese} out
[15:31] {dino} out .10, +.40
[15:31] {Threei} good job
[15:31] {curtisweese} out GRMN +$.54 for me with a 1000 shars.....yay!!
[15:32] {magoo} vad, aapl long/
[15:32] {magoo} rimm long?
[15:32] {dino} gj
[15:36] {Threei} no magoo
[15:38] {curtisweese} shorting GRMN lol!!
[15:40] {curtisweese} out on short..... +$.11
[15:41] {dino} qid s .02
[15:41] {curtisweese} ok...now i'm late....bye everyone see you tomorrow (i hope){don't want to jinx myself}
[15:48] {Chaeron} see you guys tomorrow too.... thanks all... thanks Vad
[15:48] {Threei} take care chaeron
[15:53] {Threei} nervous market
[15:53] {Threei} what else is new though
[15:54] {dino} qid stopped -.16
[15:57] {dino} spwr l .35
[15:57] {Threei} OK guys, thank you all
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {magoo} ty vad
[15:57] {dino} out .65, +.30
[15:57] {Threei} since we alternate days now, tomorrow is bull market
[15:58] {dino} tomorrow gap down open then close positive. this is the new way
[15:59] {dino} nnds
[15:59] {Threei} and overall up is new down
[16:00] {Threei} down is new up
[16:00] {Threei} what's with HOKU?
[16:00] {Threei} magoo bought whole float or what
[16:02] {magoo} intu bad?
Wednesday, February 20, 2008
Feb 20 2008
Session Time: Wed Feb 20 00:00:00 2008
[
[08:05] {Threei} With GRMN exploding on good earnings, interested in SIRF here
[08:06] {Threei} wow... heard of adage "buy stock if you like the product"? so much for that:
[08:07] {Threei} SHRP FILES FOR CHAPTER 11 BANKRUPTCY PROTECTION
[08:07] {Threei} how cool their selection is... and there you go
[08:07] {bruce} planning to do premarket trades vad?
[08:08] {Threei} if I see SIRF activity, yes
[08:08] {bruce} k
[08:08] {Threei} it's at the very bottom of the chart after being pounded couple weeks ago
[08:09] {Threei} with such stimuli as GRMN earnings/guidance/gap, may provide us with scalp
[08:09] {bruce} I'm w you
[08:10] {Threei} since that gap down it danced around 7 support,
[08:10] {Threei} closed at 7.11 yesterday,
[08:10] {Threei} touched 7.30 this morning,
[08:11] {Threei} has nice sizes at 7.100 right now
[08:12] {Threei} so the structure I see at this point would be 7.30 break as a long trigger, stop under 7.10, with idea of either scalp into spike if breaks big offer at 7.35
[08:12] {Threei} or if moves in a sustainable manner, maybe more than scalp
[08:12] {Threei} NQ is red so kind of hard to count on follow through... but who knows, in any bear market there are bull islands
[08:14] {bruce} k
[08:14] {bruce} watchng for break
[08:15] {bruce} do you know how touse stock alert feautre in modules vad?
[08:16] {Threei} nope
[08:16] {Threei} alert is benign thing, just experiemtn with it :)
[08:16] {Threei} it's not like it's going to buy and sell without you knowing
[08:17] {bruce} couldn't figure it out
[08:18] {bruce} didn't seem any way to enter a sotck into it
[08:18] {bruce} thanx anyway
[08:18] {Threei} open this window and click Property
[08:19] {Threei} it will open a window to enter stocks
[08:19] {Threei} Property is a little icon right under Window in menu, hover your cursor on it to see a tooltip
[08:20] {Threei} 4th from the right
[08:20] {bruce} cool
[08:20] {bruce} see it now
[08:20] {Threei} :)
[08:20] {bruce} thanx
[08:20] {Threei} sure
[08:20] {bruce} never used that property icon before
[08:21] {Threei} it's the same as right click on the window you want to modfify
[08:21] {Threei} summons the property window
[08:23] {bruce} I tried right clicking the alerts box but nothing happens
[08:24] {bruce} alerts can be handy for stuff like double bottom or a stock hitting major support level
[08:24] {Threei} for some windows it's that button
[08:25] {bruce} never realized that
[08:25] {bruce} thanx again
[08:26] {bruce} sirf close to trigger
[08:28] {Threei} getting any warmer in prairies bruce?
[08:29] {bruce} you know the story
[08:29] {bruce} many temp changes day today
[08:29] {bruce} actully gota bit above rfreezing last saturday
[08:29] {bruce} then back down
[08:30] {bruce} its livable
[08:30] {bruce} I don't mind anything above -15
[08:30] {Threei} *JAN CPI M/M: 0.4% V 0.3%E; CPI EX-FOOD & ENERGY: 0.3% V 0.2%E
[08:31] {Threei} *JAN HOUSING STARTS: 1.012M V 1.010ME; HOUSING PERMITS 1.048M V 1.050ME
- Prior housing starts revised from 1.006M to 1.004M
[08:31] {Threei} - Prior housing permits revised from 1.068M to 1.08M
[08:31] {Threei} (CA) JAN LEADING INDICATORS M/M: 0.2% V 0.0%E
[08:32] {Threei} (CA) DEC INTERNATIONAL SECURITIES TRANSACTIONS: C$1.241B V C$1.5BE
- Prior revised from -C$4.84B to -C$4.898B
[08:34] {Threei} CPI All Items Year/Year
[08:34] {Threei} 4.3%
[08:34] {Threei} Ex Food,
[08:34] {Threei} Energy
[08:34] {Threei} 2.5%
[08:44] {magoo} morning
[08:44] {Threei} mags :)
[08:47] * bruce slaps magoo around a bit with a large trout
[08:48] {bruce} there - start your day right for you mags
[08:49] {_fastchocho} gm
[08:50] {magoo} : )
[08:50] {Threei} morning fastchocho, welcome to the room
[08:50] {_fastchocho} ty
[08:50] {magoo} yes, morning fast
[08:51] {_fastchocho} ty
[08:51] {bruce} ntri haircut
[08:52] {magoo} vad, u watching grmn for a scalp up? i know u watyching SIRF from scroll
[08:52] {magoo} last nite bruce
[08:54] {bruce} k mags
[08:55] {Threei} rather watching SIRF bbased on GRMN
[08:56] {Threei} GRMN may present opportunity as well, it's a volatile one
[08:56] {Threei} will see
[08:56] {magoo} like rimm
[08:56] {cosmo} SIRF looks flat imo
[08:57] {Threei} NASDAQ doesn't look encouraging for longs
[08:57] {Threei} CPI numbers don't help
[08:57] {Threei} inflation creeps in
[08:58] {cosmo} what the world needs now.... is $40 oil
[08:58] {Threei} 35 is even better
[08:58] {Threei} let's vote?
[08:59] {Threei} I am all forit
[08:59] {cosmo} $20 i say
[08:59] {cosmo} like old times...
[09:00] {Raven}
3 long time ago good ... now heap shit
[09:00] {Raven}
3 an old Indian
[09:00] {cosmo} hmm
[09:01] {magoo} play qid today vad, keep eyye on it
[09:01] {Threei} or as the oldest cuneiform ever found says "Times gone bad. Youth doesn't listen to elders and drinks undiluted wine"
[09:02] {Raven}
3 nice
[09:02] {cosmo} perenial human nature
[09:03] {Raven}
3 perennial ?
[09:03] {Threei} Lehman''s current Q1 WTI price forecast is $86/barrel. A Goldman analyst said overnight that the firm still expects oil prices to break $105/barrel in the second half of 2008, adding that it is possible that we will see a pullback in oil prices before the second half.
[09:03] {cosmo} primordial?
[09:03] {Raven}
3 maybe
[09:03] {cosmo} checking...
[09:03] {Raven}
3 k
[09:04] {dptl} good morning all
[09:04] {Threei} dp :)
[09:04] {Threei} FOMC minutes from the January 29/30 policy-setting meeting will take the helm mid-day. Recall that the Fed cut rates by 50bps at the late- January meeting. The market is likely to scrutinize the Fed, looking for signs of panic amongst the MPC, and will also look for a solid explanation as to why the Fed cut rates by 75bps in a surprise move on January 22.
[09:04] {magoo} PD :)
[09:07] {cosmo} CEGE
[09:08] {cosmo} ... should be holding here
[09:10] {curtisweese} it going to be ugly today?
[09:11] {Threei} it's ugly already
[09:11] {Threei} what happens next... let's refrain from forecasts, not many of those materialized lately
[09:12] {Threei} I don't want to chase shorting right out of the gate
[09:12] {Threei} sudden spikes shaking out shorts are common
[09:13] {esemde} morning Vad.....seems like good advice right out of the gate ....
[09:13] {Threei} ese :)
[09:13] {curtisweese} what about ETFC? that looks like a short at 4.90 or so might be there before open though
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:14] {esemde} dino
[09:14] {Threei} if it forms the setup curtis.. why guess
[09:15] {Threei} ETFC tends to trade quite narrowly unless gets news
[09:15] {Threei} or rumors, this one is very rumor=prone
[09:18] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-2.html
[09:22] {curtisweese} ency bought by pfizer for 2.35 share....closed at 1.06 nice one if you own it
[09:23] -} *services* REGISTER Geog geog
[09:23] {magoo} good blog vad, just read it ..thanx
[09:23] {Threei} always
[09:24] {Threei} don't take ice cream from the passerbys, ok?
[09:24] {magoo} i my case, u mean beat the hot dog vendor don't u?
[09:25] {Threei} if that's what you fancy
[09:31] {lumdus} good morning all.
[09:31] {Threei} lum :)
[09:31] {magoo} lum:)
[09:31] {Threei} SIRF is slow, and GRMN drops hard
[09:32] {magoo} look at that drop
[09:32] {Threei} I'd say, 7.22 worth a try with .15 stop
[09:32] {magoo} sigh
[09:32] {Threei} just a scalp most likely
[09:32] {magoo} full lot?
[09:32] {Threei} sure
[09:32] {Threei} thock stock, tight stop
[09:32] {Threei} thick
[09:33] {Threei} gain is not likely to be spectacular
[09:33] {dino} out hurn swing yesterday p.m. +2.00
[09:33] {Threei} so small lot makes no sense at all
[09:33] {Threei} GRMN bounce play, small shares off 70
[09:33] {Threei} don't chase, jumped while I typed
[09:35] {Threei} get ready
[09:35] {magoo} wow
[09:35] {Threei} cross back over 70 long if holding above .70
[09:35] {Threei} in .01
[09:36] {Threei} 1:1 easy
[09:37] {Threei} and that was all it gave so far
[09:39] {magoo} outr here .57
[09:39] {magoo} missed fisrst ecxit
[09:39] {Threei} good job
[09:39] {Threei} I took first exit but didn't pull trigger on .30 break second time around
[09:39] {magoo} i laid out .57 first and no fill..a lil scary there but only half
[09:40] {magoo} look at that typing he he
[09:40] {magoo} [09:39] {magoo} outr here .57
[09:40] {magoo} [09:39] {magoo} missed fisrst ecxit
[09:40] {magoo} [09:39] {Threei} good job
[09:40] {magoo} [09:39] {Threei} I took first exit but
[09:41] {dino} fslr sm l .50
[09:41] {lumdus} in qcom 42.59
[09:41] {lumdus} long
[09:42] {dino} out 205 .50, +1.00
[09:42] {Threei} GRMN totally lost the idea of where the north is
[09:42] {lumdus} stop on qcom 42.47
[09:45] {Threei} watching QID for bounce play
[09:45] {Threei} NASDAQ is due to pullback it feels
[09:46] {dino} irbt l .00, stop lod
[09:46] {lumdus} qcom qo up already ..
[09:47] {Threei} QID support 51.90 for stop placement
[09:47] {Threei} hard to nail exact entry
[09:47] {magoo} yeah..i missed .99
[09:47] {lumdus} magoo dcc
[09:48] {Threei} SIRF 1:1
[09:48] {Threei} scalpers take profit
[09:48] {Threei} sane traders, let it trade
[09:49] {lumdus} any news on sirf ?
[09:49] {Threei} no
[09:50] {dino} sm fslr l .12
[09:50] {lumdus} qcom stop b/e 42.59
[09:52] {Threei} QID long on cross back over 52
[09:52] {Threei} stop .89
[09:53] {Threei} if loses .90 here wait
[09:54] {Threei} hesitation
[09:54] {lumdus} stop on qcom 42.67 looks like an all day ride maybe.
[09:54] {Threei} invalidated QID
[09:55] {lumdus} qcom stp 42.71
[09:55] {magoo} long qid .99
[09:56] {Threei} SEED half lot long .60
[09:56] {magoo} out .11 TY
[09:57] {Threei} stop under .40
[10:00] {lumdus} qcom out 42.70 + .11
[10:02] {magoo} SEED vald?
[10:02] {Threei} yes
[10:02] {magoo} ty
[10:03] {esemde} correct me if i'm wrong but even though the market is pushing down...it's not that hard seems to be losing steam to the down side
[10:04] {Threei} you are not wrong
[10:04] {cosmo} CROX
[10:04] {Threei} watching FFIV
[10:04] {Threei} 23.06 long trigger if stays above 22.90
[10:04] {lumdus} bac watch for a short..
[10:06] {lumdus} short bac 41.93 stop 42.07
[10:09] {Threei} FFIV holding well, waiting for market help
[10:09] {magoo} qid short scalp soon imho
[10:09] {Chaeron} gm all
[10:09] {Threei} chaeron :)
[10:09] {magoo} short qid .4o\
[10:10] {_fastchocho} short leh
[10:11] {Threei} SIRF, scalpers win
[10:11] {Threei} again
[10:11] {magoo} lately..they do
[10:11] {Threei} LEH stop above 54 fast?
[10:12] {_fastchocho} 54 stop looks ok
[10:12] {dino} irbt stopped .81 -.19
[10:13] {magoo} out QID .24, plus whatever
[10:13] {Threei} ah come on magoo
[10:13] {Threei} whip out the calculator, don't leave us hanging
[10:13] {magoo} i posted setup boss
[10:13] {_fastchocho} the lond GRMN looks good
[10:13] {Threei} suspence is killing inquiring minds
[10:13] {_fastchocho} long
[10:13] {magoo} lets see...uh..carry the 3..subtracr the
[10:13] {bruce} seed close to trigger
[10:13] {lumdus} vad, you looking to short LEH ?
[10:14] {lumdus} looks more long to m.e i think
[10:14] {_fastchocho} yes
[10:14] {Threei} no lum, it's fasat's play
[10:14] {lumdus} oh, ..
[10:14] {Threei} fast's
[10:14] {_fastchocho} lum whatdo you think?
[10:14] {Threei} I have this bad habit to be curious about someone else plays :)
[10:14] {lumdus} not short .. maybe long
[10:15] {Threei} SEED is honestly trying
[10:15] {Threei} FFIV nears trigger
[10:16] {magoo} in SEED aggressive .59
[10:16] {Threei} magoo and aggressive... who would have ever thought
[10:17] {_fastchocho} magoo whats ur target for SEED?
[10:17] {magoo} already waiting .74
[10:17] {magoo} scalparoo
[10:17] {magoo} OUT
[10:17] {magoo} Fukll lot
[10:17] {magoo} TY boiss
[10:18] {Threei} you are welcome but don't cry now
[10:18] {magoo} too late ..crying
[10:18] {Threei} out .87
[10:18] {Threei} +.27
[10:18] {dino} onxx l .35, stop .98
[10:18] {magoo} where u full?
[10:18] {Threei} yes sir
[10:18] {magoo} drats
[10:19] {magoo} u out fast?
[10:19] {Threei} fast, you out LEH?
[10:19] {_fastchocho} no still waiting to go in
[10:19] {Threei} oh
[10:19] {Threei} I though you shorted already
[10:20] {_fastchocho} no it was moving to fast
[10:20] {Threei} good thing then
[10:20] {magoo} fastcho, u out SEED?
[10:20] {Threei} FFIV triggered
[10:20] {_fastchocho} nope not in fast enough..lol
[10:21] {Threei} just don't change nick to slowchocho
[10:21] {magoo} lol
[10:21] {Threei} let current one be the motivation
[10:21] {dino} hmmmmm
[10:21] {magoo} now i am BALLING vad
[10:22] {esemde} LONG another 1/2 lot of SOLF 15.27
[10:22] {Threei} well, and I can't even gloat
[10:22] {Threei} since I am out too
[10:22] {magoo} its avail short u know
[10:22] {magoo} for a blow off scalp
[10:23] {Threei} FFIV stop .94 btw
[10:23] {Threei} 1:1 for those pesky scalpers
[10:23] {Threei} {pesky scalpers} look who is talking
[10:24] {magoo} waiting .23
[10:25] {Threei} SEED is famine stock
[10:26] {_fastchocho} wil SEED go to 12 anyone?
[10:26] {Threei} unless it goes back under 9 :)
[10:26] {magoo} it may go 10
[10:26] {_fastchocho} 9.07
[10:26] {Threei} it's a volatile jumpy one, highly impacted by the general market direction
[10:27] {_fastchocho} 9.15
[10:29] {_fastchocho} 8.98
[10:29] {magoo} OUT FFIV ty boss
[10:29] {Threei} half out FFIV for me
[10:29] {_fastchocho} te market is tuck in down trend
[10:29] {Threei} welcome mags
[10:29] {dptl} got to go.... have a good rest of the da all......o btw ty for FFIV Vad
[10:30] {Threei} take care dp and welcome
[10:30] {magoo} wait DP
[10:30] {dptl} no
[10:30] {Threei} lol
[10:30] * magoo slaps dptl around a bit with a large trout
[10:30] {dptl} :)
[10:30] {Threei} I know scalping rules... but FFIV acts like salmon
[10:30] {magoo} vad, dcc quick
[10:30] {Threei} gotta try for the chance of sizeable gain
[10:31] {Chaeron} a whole lotta talk about fish in this place....
[10:31] {_fastchocho} ok guys i am stuck..deciding between short LEH or GRMN
[10:31] {dino} flip a coin
[10:31] {dino} keep your stop
[10:33] {Threei} if I absolutely had to decide, I'd go with GRMN, fast
[10:34] {Threei} stop for the FFIV balance is trailed to .04
[10:34] {Threei} won't lose money on this one
[10:34] {Threei} worst case scenario I give back half of profit
[10:36] {Threei} see typicakl salmon action on FFIV?
[10:36] {Threei} stays put when market drops, makes new high when market bounces
[10:36] {dino} onxx stopp .00, -.35
[10:36] {Threei} that's what me likley
[10:36] {_fastchocho} whats target on FFIV?
[10:37] {Threei} no monetary target for me, rather going with the way it trades
[10:37] {Threei} while it crawls up slowly, without spikes, I am holding it,
[10:37] {Threei} maybe trailing stop if it forms nice readable support
[10:37] {Threei} if it spikes vertically with volume increase, either get out or trail stop tighter
[10:38] {Threei} will comment on the go
[10:39] {dino} itri l .40 ,sm stop .99
[10:40] {Threei} out 1/4 more FFIV
[10:40] {Threei} +.30
[10:40] {Threei} stop to 23.15
[10:40] {esemde} if SOLF bounces of 15.00 today......that would be a triple bottom....i'm gambling with a 1/2 lot here but this could prove to very profitable
[10:41] {esemde} I plan on adding more around the 15.50 Area
[10:41] {esemde} if conditions are right.
[10:45] {bruce} rimm AS BREAKOUT LONG VAD?
[10:45] {bruce} sorry about caps
[10:48] {Threei} I like it bruce
[10:48] {Threei} I would prefer pullback entrey
[10:48] {Threei} like now
[10:49] {Threei} stop is under .90 so better get it closer to support
[10:49] {esemde} rimm
[10:49] {esemde} opps....your on to it
[10:49] {dino} irbt l .65, stop .37
[10:49] {Threei} hard to tell if market rug pull is coming or we still have gas left
[10:50] {dino} magoo has gas left
[10:50] {magoo} HEYT
[10:51] {Threei} a bit more info than we ever care for... :)
[10:51] {bruce} too many chili dogs for him dino?
[10:51] {dino} lol
[10:53] {dino} itri stop to .78
[10:53] {Threei} not holding support RIMM
[10:54] {bruce} ntri dino
[10:54] {bruce} yes - see that vad
[10:54] {bruce} passing on it for now
[10:54] {dino} out itri slip .75, +.35
[10:56] {dino} i can't borrow it bruce, ntri
[10:56] {dino} don't like when they limit me to one way
[10:56] {magoo} grmn looks ready to go up..any read vad?
[10:57] {Threei} not sure mags, tough read
[10:58] {Threei} if holding above .70, try long .91
[10:58] {Threei} at least this is sensible structure
[10:59] {bruce} k dino
[11:00] {magoo} ok, but do not have to try it..if not good
[11:00] {Threei} yeah, it's pretty much 50/50 here
[11:01] {Threei} TMRK COLLABORATES WITH WITH CDC GAMES TO BREAK NEW GROUND IN ONLINE GAMES
[11:03] {Threei} ONXX small shares long .50 break if stays above .30
[11:04] {bruce} eqix possible reversalnear here dino
[11:05] {Threei} OHIO ATTY GEN: LOOKING AT POTENTIAL LAWSUIT V FNM OVER DISCLOSURE OF SUBPRIME HOLDINGS{FNM}
[11:05] {Threei} .60 breakdown worth a try short FNM
[11:05] {Threei} half lot
[11:06] {Threei} stop/invalidating level .81
[11:06] {dino} see if .50 holds
[11:07] {Chaeron} onxx
[11:07] {Threei} triggered
[11:08] {Threei} lose .50 and die FNM
[11:09] {Threei} trail stop to .71
[11:10] * Threei slaps Laserdave1 around a bit with a large trout
[11:10] * magoo slaps Laserdave1 around a bit with a large trout
[11:10] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:10] {Threei} group support
[11:10] {Threei} for me
[11:10] {Threei} group therapy for dave
[11:11] {Threei} no worky FNM
[11:12] {magoo} man..not in..but look grmn..says it all about mkt
[11:12] {Threei} yeah, told you liked it short more
[11:12] {Laserdave1} howdy all
[11:12] {Threei} oh hi dave
[11:12] {magoo} hi dave
[11:12] {Chaeron} Dave!!!
[11:13] {Laserdave1} lol
[11:13] {esemde} dave!!!
[11:13] {Laserdave1} my fine friends
[11:14] {Threei} ok ONXX, it's time
[11:14] {Threei} move your heavy butt, will ya
[11:16] {Threei} GRMN SEES COMPETITION INCREASING IN 2008 - CONF CALL
[11:16] {magoo} thats it then
[11:17] {magoo} 74 highs pre mkt
[11:18] {Threei} ONXX over 1:1
[11:18] {Threei} out +.30
[11:18] {dino} eqix was a beauty bruce, i missed it, was waiting .82
[11:18] {magoo} nice vad
[11:19] {Threei} thank you magoo, you ever so kind to me... noone but you puts my name and nice in the same sentence
[11:19] {dino} out fslr 205.72, +1.60 sm
[11:20] {Threei} wow
[11:20] {Threei} wtg dino
[11:20] {dino} spnc l .92, stop .77
[11:20] {magoo} ONXX text book on why u layout ahead vad
[11:20] {dino} lucky, sm kept me in
[11:21] {Threei} on thinnies, yes
[11:21] {Threei} not always get bids to hit so better offer it out into spike
[11:21] {Threei} and use laser fast sell to get out if not taken at the offer
[11:22] {dino} onxx l .30
[11:22] {Threei} wow, beautiful entry
[11:24] {Threei} and a lot of patience... I would be out on that spike right after you grabbed it :)
[11:32] {magoo} the sell from hell grmn
[11:36] {dino} spnc stopped -.15
[11:39] {esemde} LONG full lot SOLF avg position .38
[11:40] {esemde} my appologies to those of you new to the board....positon or swing trdaing is not what this board is about....
[11:41] {Threei} but we like to salivate when ou post your exits
[11:41] {magoo} i just like slapping him
[11:41] {dino} es always breaking the rules
[11:41] {esemde} I did well with that position in SOLF that I had at 16.10.....partialed that out up to 18.00 and a bit....
[11:42] {esemde} we'll see how this works
[11:43] {esemde} hugely profitable company thats just having the crap... beat out of it....
[11:44] {esemde} keeping in mind of course that you should NEVER fight the bear going long
[11:44] {esemde} never know.....I might be in to early
[11:45] {magoo} if mkt goes down here vad..kinda like rimm short..amny read?
[11:47] {bruce} nvda looks like short
[11:48] {Threei} NVDA looks better short than RIMM
[11:56] {Threei} see how RIMM happily makes new highs while NVDA stays put?
[11:57] {magoo} yes..my read off on it
[12:01] {dino} ima
[12:02] {dino} l .02 sm
[12:03] {Threei} hawk, look dcc please
[12:04] {dino} spike mkt
[12:04] {Threei} out of nowhere
[12:04] {Threei} nothing on wires
[12:06] {magoo} qid long somewhere vad?
[12:07] {curtisweese} newbie in on aapl at 123.11
[12:08] {curtisweese} run aapl run!!!!1
[12:08] {Threei} mags, I can't tell
[12:08] {Threei} something is happening
[12:09] {Threei} or it's nothing
[12:09] {Threei} we just don't know, while the influence is fairly sizeable
[12:09] {curtisweese} omg....please tell me the bulls have come home.....
[12:09] {curtisweese} here bully bully
[12:10] {Threei} lol curtis
[12:11] {curtisweese} get off your butt aapl and get me back in the black! :(
[12:12] {Threei} market looks like another spike coming curtis
[12:12] {Threei} should help if materializes
[12:13] {curtisweese} aapl breaks 123.30 or so and should get some nice gains
[12:13] {curtisweese} here it goes....come on! i'm WILLING you go up now.....hahahah
[12:14] {Threei} here is spike I told market to do for you
[12:14] {Threei} here is AAPL following
[12:14] {Threei} I'll shut up and you make the best out of it
[12:15] {Chaeron} KNSY - RECEIVES FDA 510(K) CLEARANCE FOR NEW SAFE-CROSS(R) VESSEL WALL DETECTION TECHNOLOGY
[12:15] {dino} dji green
[12:18] {Threei} tell me you are out curtis
[12:18] {curtisweese} yes out at 123.56 up $.45 with 700 shares
[12:18] {curtisweese} yay
[12:19] {Threei} trading is breathing... inhale-exhale
[12:19] {Threei} or you choke
[12:19] {Threei} now, allow me to quote one exchange from this morning
[12:19] {Threei} [09:10] {curtisweese} it going to be ugly today?
[12:19] {Threei} [09:11] {Threei} it's ugly already
[12:19] {Threei} [09:11] {Threei} what happens next... let's refrain from forecasts, not many of those materialized lately
[12:19] {Threei} how about that
[12:19] {dino} hmmmm
[12:19] {dino} yoda
[12:20] {curtisweese} yes....i just waited patiently till aapl was at resistance and bought when it barely broke it....worked!
[12:20] {Threei} who missed it in the morning, psychology series continued:
[12:20] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-2.html
[12:21] {dino} out ima .88, +.86
[12:22] {Threei} we have fed minutes today
[12:22] {Threei} maybe they leak content? :)
[12:24] {dino} maybe they say nothing
[12:24] {Threei} can we get that lucky?
[12:25] {esemde} NVDA....nice!!!!!
[12:26] {esemde} whose in that?
[12:27] {curtisweese} ese you long on it?
[12:27] {esemde} no...long SOLF just watching NVDA
[12:29] {bruce} any read grmn vad?
[12:29] {bruce} tricky stock
[12:34] {Threei} hmmm
[12:34] {Threei} no... sorry
[12:35] {curtisweese} nvda looks yummy if it pulls back and hold 21.70ish (at least to my newb eyes)
[12:36] {esemde} have a great rest of the day all....i'm otta here.....
[12:36] * magoo slaps esemde around a bit with a large trout
[12:36] {esemde} ouch!!!!!
[12:40] {bruce} bye ese -thanx vad
[12:48] {bruce} fnm long?
[12:51] {curtisweese} in on NVDA at 21.70 (i'm a newbie...be careful!)
[12:56] {bruce} s fnm .44 stop .60
[12:57] {Threei} stop under .60 curtis
[12:59] {hawkfan4} COIN daily starting to look interesting, tricky one
[13:01] {Threei} why did I ever trailed that FFIV stop?
[13:03] {Threei} looks like another NASDAQ run at the high in cards
[13:04] {Threei} after that it becomes too close to fed minutes
[13:05] {Threei} here we go
[13:05] {bruce} stopped fnm
[13:05] {Threei} my crystal ball is freshly polished, can you tell?
[13:05] {Chaeron} mine's still in the shop
[13:05] {Threei} sure, I paid them to keep all others
[13:05] {Chaeron} never worked right in the first place :)
[13:06] {curtisweese} out on NVDA +$.08 with 3000 shares
[13:07] {curtisweese} scalp cuz i'm scared of fed
[13:07] {curtisweese} and market
[13:07] {curtisweese} and losing money sometimes
[13:08] * Threei slaps curtis around a bit with a roll of bills for indecent profits
[13:09] {curtisweese} okay, i have to go to my normal job...sigh...no fun...bye everyone
[13:09] {Threei} take care curtis
[13:09] {dino} sm l grmn .20, risky
[13:09] {Threei} good job
[13:09] {curtisweese} i only made abouot $400 today but that works for me!! :)
[13:10] {Threei} well, tell me
[13:10] {Threei} do you make it in a day on your "normal job"?
[13:10] {Chaeron} 22 trading days in a month.... times $400....
[13:10] {curtisweese} lol...yeah....more, but not any fun
[13:10] {Chaeron} hmmm...$105,000 per year
[13:10] {dino} gj curt
[13:12] {Chaeron} TEAMSTERS TO ENDORSE BARAK OBAMA FOR THE DEMOCRATIC PRESIDENTIAL NOMINATION - UNION OFFICIAL
[13:13] {dino} grmn stopped
[13:13] {Threei} GRMN brutal
[13:14] {Threei} again... so much for "like the product, buy the stock" theory
[13:15] {dino} strange thing they beat by .20 and guided up
[13:16] {Threei} so much for "good news - up" theory
[13:16] {Chaeron} lol
[13:17] {Threei} anyone got any more theories for me to detsroy? :)
[13:17] {Chaeron} E=mc2?
[13:17] {Threei} this one I still have to work on... but gravity isa certain hoax
[13:17] {dino} when is a door not a door?
[13:18] {Chaeron} gravity is just a fad
[13:18] {dino} when it's ajar
[13:18] {Chaeron} :) nice dino...
[13:19] {dino} :)
[13:19] {cosmo} if it wasn't for gravity, we wouldn't be here...
[13:19] {Chaeron} how can you not love this place... $$$, jokes and philosophy
[13:19] {dino} are we?
[13:20] {bruce} go havea bologna sandwich dino
[13:20] {Threei} couple nails replace gravity cosmo
[13:21] {cosmo} better make them screws...
[13:21] {dino} lol, chilli dods today, no roll
[13:21] {Threei} or superglue
[13:21] {dino} -14 lbs.
[13:22] {dino} dogs
[13:22] {cosmo} superglue for the dowels
[13:22] {bruce} the chili dog diet
[13:22] {bruce} I bet it would be a best seller dino
[13:23] {dino} chicken wings yesterday, peperoni/cheese day before. you can follow this
[13:24] {bruce} I can see its all lo cal stuff
[13:24] {bruce} you got a winning diet on yourhands their dino
[13:24] {dino} its all about the carbs for me
[13:24] {bruce} small pop in alxn dino
[13:25] {bruce} mya be a long here
[13:26] {dino} i like it, but where?
[13:29] {bruce} not sure -
[13:30] {bruce} .50 seems to be holding
[13:30] {Threei} and we are dropping now why?
[13:30] {Threei} totally bipolar market, lol
[13:31] {Threei} we did great today considering the wierdest market
[13:33] {Threei} FED'S POOLE: US ECONOMY WILL SKIRT RECESSION, INFLATION EXPECTATIONS GENERALLY STABLE, FED POLICY SHOULDN'T FOCUS ON JUST ONE ISSUE
- Food, energy may be setting inflation expectations.
[13:33] {Threei} - Excessive stimulus may be counter-productive.
[13:33] {Threei} - Inflation harder to reverse than unemployment.
[13:33] {Threei} - Must be careful not to accomodate increased inflation.
[13:33] {Threei} - A substantial increase in inflation would promise a larger recession later.
[13:34] {Threei} these comments signal nearing end of rate cuts if this is feds point of view
[13:36] {Threei} PREVIEW: MINUTES OF THE JAN 30 FOMC MEETING TO BE RELEASED AT 2PMET
**today's minutes are expected to include sections from the Jan 30th meeting as well as the Jan 21st emergency conference call and a discussion of the Fed's expanded quarterly economic forecasts.
[13:36] {Threei} **reminder: at the Jan 30th meeting, the FOMC cut the target rate 50 bps to 3.00%, and stated:
[13:36] {dino} .50 more coming in march imo, the banks are too big to fail
[13:36] {Threei} - Sees continued downside risks .
[13:36] {Threei} - Credit tightened further for business and households, sees "deepening contraction" in housing market slump, with softening in labor markets.
[13:36] {Threei} - Financial markets remain under considerable stress, Fed notes will act in timely manner as needed to address economic risks, and rate cut should promote moderate growth, yet risks remain.
[13:36] {Threei} - Fed expects inflation to moderate in coming quarters.
[13:36] {Threei} - Vote 9-1 for Target Rate cut (Fisher dissented, preferred rates unchanged); Discou
[13:36] {Threei} Discount Rate cut 50bps, decision was unanimous.
[13:37] {Threei} feels this way dino... aftre that anyone's guess
[13:37] {Threei} inflation becomes real concern
[13:38] {cosmo} solomon's treasure is still good collateral
[13:38] {Threei} but famine is coming
[13:38] {Threei} at least we were told so yesterday
[13:39] {dino} of course, if they re-inflate, takes care of debt issues, i.e. what we owe is less
[13:39] {cosmo} is that something they spray?
[13:40] {cosmo} from planes?
[13:40] {dino} drop from planes
[13:40] {cosmo} gotcha
[13:40] {bruce} nice uptrend in vz tofay
[13:47] {Threei} TIVO floats to the surface
[13:48] {Threei} interesting resistance to break at 9
[13:48] {Threei} worth keeping eye on
[13:50] {Chaeron} 10 min to Fed
[13:56] {Threei} 5
[14:00] {Threei} *JAN 30 FOMC MINUTES: SAW NEED FOR RELATIVELY LOW INTEREST FOR A TIME
[14:01] {Threei} - Raises 2008 jobless forecast to 5.2-5.3% v 4.89% previous,
[14:01] {Threei} - GDP growth at 1.3-2%
[14:01] {Threei} - Fed official ssee growth risk to the downside
[14:01] {Threei} - Expects core inflation to moderate over the next 2 years
[14:04] {Threei} - recent inflation data 'disappointing'
[14:04] {Threei} - Saw chance of big rate cuts on Jan meeting conference call, but no taken action, Jan 22 rate cut spurred by weak economy, market strains
[14:05] {Threei} market says "and?"
[14:08] {Threei} PCLN dino
[14:10] {Threei} interesting... don't think I often seen market rfemaining so indifferent to minutes
[14:13] {patience} yesterday was my best day in february. today sitting in cash. need the market to figure out what the fed minutes mean.
[14:15] {Threei} market is like "I can't... I'll wait for them to figure out what they mean"
[14:16] {Threei} I want top short QID badly
[14:16] {Threei} top = to
[14:16] {Threei} market feels to me like shrugging off all the nonsense and just going up again
[14:17] {_fastchocho} i want to long the QID
[14:17] {Threei} cool, we will be hedged
[14:18] {dino} pcln too strong
[14:19] {_fastchocho} whats your target on PCLN ? 140?
[14:20] {Threei} ?
[14:20] {Threei} we don't have any p;osition in it
[14:20] {_fastchocho} OK
[14:20] {_fastchocho} Did anyone short GRMN?
[14:21] {hawkfan4} no, but i can show you the scars from trying to catch it
[14:26] {bruce} grmn is a pos - just when you think you can read it works you over
[14:29] {dino} indeed wise bruce, indeed
[14:30] {dino} 63 held last drop
[14:30] {magoo} on grmn..can u imagine in it long from pre mkt 74
[14:30] {lumdus} in rio 34.71 long
[14:31] {dino} but a scratch magoo, i've had worse
[14:31] {bruce} out aci +.30
[14:31] {Threei} FED'S POOLE: IMPOSSIBLE TO FORECAST EXCHANGE RATES, WEAK USD HELPING TRADE SURPLUS AND EXPORTS - Q&A- Does not use policy to influence currency outcome
[14:31] {hawkfan4} GRMN nasty today, but back in .39, last try
[14:32] {bruce} you got guts hawk
[14:33] {bruce} its lokks like it's going long now - so mms will probably duymp it here
[14:33] {dino} long or short hawk
[14:33] {hawkfan4} long
[14:33] {dino} ok
[14:33] {hawkfan4} :)
[14:33] {dino} nice entry
[14:33] {hawkfan4} have this mad idea of a full recovery
[14:34] {Threei} covering QID here from .60
[14:35] {dino} alxn l .61
[14:36] {dino} and i think i'm in kansas
[14:37] {dino} chilli dog burp, whew
[14:38] {lumdus} stop on rio 34.55
[14:41] {dino} alxn lum? at .48
[14:42] {dino} opps rio, sorry
[14:43] {dino} ima l .65
[14:45] {lumdus} watching pten break 24.00
[14:47] {lumdus} stop on rio 34.64
[14:49] {lumdus} in pten 24.01
[14:50] {Threei} look at QID
[14:50] {dino} out alxn .90, +.29
[14:50] {magoo} u gonna hit qid vad?
[14:51] {Threei} didn't think of it from bounce point of view
[14:51] {Threei} felt market was to go up, shorted it earlier
[14:51] {Threei} covered too soon (what else is new)
[14:52] {magoo} :)
[14:52] {Threei} [14:16] {Threei} market feels to me like shrugging off all the nonsense and just going up again
[14:53] {dino} 220+range
[14:53] {lumdus} stop on rio 34.89
[14:53] {lumdus} need to lock somehting in.
[14:53] {lumdus} out rio 34.89 + .18
[14:54] {dino} out ima .80, +.15
[14:55] {lumdus} pten stop 24.03 have no patience ..
[14:56] {dino} taking 15 min. break
[14:57] {bruce} any read stp vade?
[14:58] {lumdus} ou tpten flaat
[14:59] {lumdus} short rimm 97.35 stop 97.51
[14:59] {Threei} not really bruce
[14:59] {Threei} too volatile
[14:59] {bruce} k thnx
[15:00] {lumdus} rimm just looks out of steam.. who knows
[15:00] {Threei} lum, keep it in context of overall market move
[15:00] {Threei} if NASDAQ resumes upward so will RIMM
[15:01] {lumdus} yes, i am ..
[15:01] {lumdus} stop on rimm 97.35 break even
[15:01] {lumdus} tried to get out .18 no workie
[15:01] {_fastchocho} Whats causing this rally? Pooles rmark of unlikely recession?
[15:02] {_fastchocho} DOW up120?
[15:02] {lumdus} fast, it's not me buying :)
[15:02] {cosmo} inflation adjustment
[15:02] {lumdus} out rimm - .01
[15:03] {bruce} patience is buying the4 market fast
[15:03] {Threei} fast, just wait till tomorrow... market columnists that never made a dime trading will find explanation
[15:03] {patience} laughing, nope. i will wait before putting money to work
[15:03] {lumdus} easy to write those columns,
[15:04] {Threei} after the fact, sure
[15:04] {cosmo} HPQ up 8%
[15:04] {bruce} the media has correctly predicted 30 of the last 6 recessions vad
[15:04] {Threei} for us as traders it's just irrelevcant
[15:04] {Threei} lol bruce
[15:04] {patience} just scalping gold and silver, turning back to china stocks
[15:04] {Threei} "trade what you see, not what you think"
[15:04] {Threei} who said that?
[15:04] {cosmo} master po?
[15:05] {lumdus} i see rimm going back below 96.00 just a feeling here.
[15:08] {bruce} thats right grasshopper - I mean cosmo
[15:11] {dino} farley
[15:11] {dino} ?
[15:12] {bruce} sheesh - onxx watching it but missed the pop
[15:12] {Threei} F grade to both
[15:13] {magoo} vad, long rimm or aapl?
[15:13] {dino} vad throwing the f bomb again
[15:13] {bruce} f is for fantastik
[15:15] {Threei} not here mags
[15:15] {Threei} if you believed in upward, time was when I first posted it
[15:17] {dino} hurn fast drop
[15:19] {bruce} alxn long here dino?
[15:20] {magoo} thought powerup into bellvad
[15:20] {magoo} bel vad
[15:21] {Threei} could be, can't tell yet
[15:21] {Threei} watching
[15:21] {dino} hmmm dk bruce not really moving
[15:21] {magoo} rimm 98 magnate?
[15:21] {bruce} k - thought it might pop on break of .10
[15:21] {Threei} can you think of better illustration to the market's nature than today's action?
[15:22] {Threei} bad news piling on bad news, oil through 100... and market rallies
[15:22] {dino} oil is the only thing keeping this market up
[15:23] {patience} and ag and gold/silver
[15:23] {dino} which are up because oil is up
[15:24] {patience} gold yes, ag, don't think so
[15:24] {dino} gold cause weak dollar
[15:24] {dino} sure, crn=ethanol, = deer= cart etc
[15:24] {dino} cat
[15:25] {patience} i'm looking for timing to short ethanol stocks dino. someone in usda is going to say we need food more than ethanol
[15:26] {dino} ethanol isn't the best way, imo. you will be right
[15:26] {patience} i will be right if i trade it properly lol
[15:27] {dino} lol
[15:27] {dino} i have faith in your abilities
[15:27] {Threei} COIN
[15:27] {Threei} sheesh
[15:28] {Threei} FED'S POOLE: RATES MAY HAVE TO GO LOWER BEFORE RISING, MUST WATCH INFLATION, NOT ALARMED BY LATEST NUMBERS - Q&A
- Notes inflation is creeping in wrong direction, rates may eventually be above 3%, current situation not a major crisis as recession fears must be balanced vs inflation. Must deal with inflation risks before inflation arrives
[15:28] {Threei} - Notes the need to replace the subprime mortgage market
[15:28] {Threei} - Says markets are healing somewhat after financial stress, LIBOR spreads have narrowed
[15:29] {dino} neog
[15:31] {lumdus} nice reversal
[15:34] {dino} hurn
[15:35] {_fastchocho} anyone playinh mgm in the morning?
[15:35] {dino} dgly
[15:36] {dino} l .66
[15:36] {Threei} why MGM?
[15:38] {_fastchocho} straddle play
[15:39] {Threei} we are simpletons, fast
[15:39] {Threei} we see setup on the chart - we play it
[15:40] {Threei} underlying reasons for price change is for analysts to figure out after the fact
[15:40] {Threei} we are happy with profits today and their explanations tomorrow
[15:40] {lumdus} short amzn 73.37 stop 73.58
[15:40] {lumdus} pure gamble to see if we go down at eod.
[15:41] {patience} just to keep fast company, if you're looking for a spec ag play, look at ALM (Anglo Minterals)
[15:41] {_fastchocho} imma newbie threei so bear with me
[15:41] {patience} Potash play in Saskatchewan. About 6 or 7 juniors bought up land that wasn't owned by Mosaic (MOS-N) and Potash (POT-T). This stock has good upside. One of the best ways to play potash. BHP Billiton (BHP-N) is the partner and has 75% of the project, which means there are deep pockets for them
[15:41] {Threei} nah, nothing to bear with... just explaining our approach :)
[15:42] {dino} out dgly .85, +.19
[15:42] {lumdus} yeah, tommorrow i write up how much money i could've made ..
[15:42] {_fastchocho} ok...neways mgm is an earnings play
[15:43] {lumdus} amzn stop move to 73.54
[15:43] {lumdus} die market (with amzn) die !
[15:44] {Threei} stop above .50 lum?
[15:44] {lumdus} .54 right now
[15:45] {_fastchocho} cec is also an earnings play...lookshort
[15:45] {lumdus} vad, what nice drop and i am out.. need to get it to go already.
[15:46] {Threei} it's trying lum
[15:46] {lumdus} yeah, but it needs some help. can we start hitting it.
[15:47] {lumdus} stop now .48 .. it's not looking good yet
[15:47] * Threei hits NQ over the head with 2x4 for lum
[15:48] {lumdus} just hit amzn .. i don't care if everybody else makes money long
[15:48] {Threei} hmmm... violence doesn't help
[15:49] {patience} wait until 3:45 pm vad
[15:49] {Threei} chart is downtrending though
[15:49] {_fastchocho} umm its 3:49
[15:49] {_fastchocho} pm
[15:49] {Threei} 4 minutes? I can wait that long
[15:49] {Threei} lol fast
[15:49] {Threei} really
[15:49] {Threei} are we in a time warp?
[15:50] {patience} i am....completely forgot to look at clock....busy busy day so far
[15:50] {dino} y
[15:51] {dino} i'm beat, good one tho
[15:51] {lumdus} out -.11 crap amzn
[15:51] {lumdus} have a nice evening
[15:51] {Threei} sorry lum, who knew it would go berserk
[15:51] {lumdus} not me..
[15:51] {Threei} but you defined this trade as pure speculation from the get-go
[15:53] {Threei} COIN... shoot me someone
[15:54] {patience} i need money quick...going for retail therapy at Bellevue Malls in Washington State on friday. Let's hope tomorrow is a good market day.
[15:55] {dino} _fastchocho, earnings list at yahoo....biz.yahoo.com/research/earncal/today
[15:57] {_fastchocho} it says no longer available
[15:57] {Threei} OK guys, thank you all, that was nice day
[15:57] {_fastchocho} dino
[15:57] {Threei} almost every trade worked
[15:57] {dino} i get it
[15:57] {dino} every day
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {hawkfan4} here's a good earnings date source http://moneycentral.msn.com/investor/market/earncalendar/
[15:58] {dino} http://biz.yahoo.com/research/earncal/today.html
[15:59] {_fastchocho} ok dino got it now
[15:59] {dino} may find it helpful
[15:59] {dino} especially afterhours
[15:59] {dino} ima drop
[15:59] {dino} spike
[16:01] {dino} itri
[16:07] {dino} nvtl drop, vrgy drop
[
[08:05] {Threei} With GRMN exploding on good earnings, interested in SIRF here
[08:06] {Threei} wow... heard of adage "buy stock if you like the product"? so much for that:
[08:07] {Threei} SHRP FILES FOR CHAPTER 11 BANKRUPTCY PROTECTION
[08:07] {Threei} how cool their selection is... and there you go
[08:07] {bruce} planning to do premarket trades vad?
[08:08] {Threei} if I see SIRF activity, yes
[08:08] {bruce} k
[08:08] {Threei} it's at the very bottom of the chart after being pounded couple weeks ago
[08:09] {Threei} with such stimuli as GRMN earnings/guidance/gap, may provide us with scalp
[08:09] {bruce} I'm w you
[08:10] {Threei} since that gap down it danced around 7 support,
[08:10] {Threei} closed at 7.11 yesterday,
[08:10] {Threei} touched 7.30 this morning,
[08:11] {Threei} has nice sizes at 7.100 right now
[08:12] {Threei} so the structure I see at this point would be 7.30 break as a long trigger, stop under 7.10, with idea of either scalp into spike if breaks big offer at 7.35
[08:12] {Threei} or if moves in a sustainable manner, maybe more than scalp
[08:12] {Threei} NQ is red so kind of hard to count on follow through... but who knows, in any bear market there are bull islands
[08:14] {bruce} k
[08:14] {bruce} watchng for break
[08:15] {bruce} do you know how touse stock alert feautre in modules vad?
[08:16] {Threei} nope
[08:16] {Threei} alert is benign thing, just experiemtn with it :)
[08:16] {Threei} it's not like it's going to buy and sell without you knowing
[08:17] {bruce} couldn't figure it out
[08:18] {bruce} didn't seem any way to enter a sotck into it
[08:18] {bruce} thanx anyway
[08:18] {Threei} open this window and click Property
[08:19] {Threei} it will open a window to enter stocks
[08:19] {Threei} Property is a little icon right under Window in menu, hover your cursor on it to see a tooltip
[08:20] {Threei} 4th from the right
[08:20] {bruce} cool
[08:20] {bruce} see it now
[08:20] {Threei} :)
[08:20] {bruce} thanx
[08:20] {Threei} sure
[08:20] {bruce} never used that property icon before
[08:21] {Threei} it's the same as right click on the window you want to modfify
[08:21] {Threei} summons the property window
[08:23] {bruce} I tried right clicking the alerts box but nothing happens
[08:24] {bruce} alerts can be handy for stuff like double bottom or a stock hitting major support level
[08:24] {Threei} for some windows it's that button
[08:25] {bruce} never realized that
[08:25] {bruce} thanx again
[08:26] {bruce} sirf close to trigger
[08:28] {Threei} getting any warmer in prairies bruce?
[08:29] {bruce} you know the story
[08:29] {bruce} many temp changes day today
[08:29] {bruce} actully gota bit above rfreezing last saturday
[08:29] {bruce} then back down
[08:30] {bruce} its livable
[08:30] {bruce} I don't mind anything above -15
[08:30] {Threei} *JAN CPI M/M: 0.4% V 0.3%E; CPI EX-FOOD & ENERGY: 0.3% V 0.2%E
[08:31] {Threei} *JAN HOUSING STARTS: 1.012M V 1.010ME; HOUSING PERMITS 1.048M V 1.050ME
- Prior housing starts revised from 1.006M to 1.004M
[08:31] {Threei} - Prior housing permits revised from 1.068M to 1.08M
[08:31] {Threei} (CA) JAN LEADING INDICATORS M/M: 0.2% V 0.0%E
[08:32] {Threei} (CA) DEC INTERNATIONAL SECURITIES TRANSACTIONS: C$1.241B V C$1.5BE
- Prior revised from -C$4.84B to -C$4.898B
[08:34] {Threei} CPI All Items Year/Year
[08:34] {Threei} 4.3%
[08:34] {Threei} Ex Food,
[08:34] {Threei} Energy
[08:34] {Threei} 2.5%
[08:44] {magoo} morning
[08:44] {Threei} mags :)
[08:47] * bruce slaps magoo around a bit with a large trout
[08:48] {bruce} there - start your day right for you mags
[08:49] {_fastchocho} gm
[08:50] {magoo} : )
[08:50] {Threei} morning fastchocho, welcome to the room
[08:50] {_fastchocho} ty
[08:50] {magoo} yes, morning fast
[08:51] {_fastchocho} ty
[08:51] {bruce} ntri haircut
[08:52] {magoo} vad, u watching grmn for a scalp up? i know u watyching SIRF from scroll
[08:52] {magoo} last nite bruce
[08:54] {bruce} k mags
[08:55] {Threei} rather watching SIRF bbased on GRMN
[08:56] {Threei} GRMN may present opportunity as well, it's a volatile one
[08:56] {Threei} will see
[08:56] {magoo} like rimm
[08:56] {cosmo} SIRF looks flat imo
[08:57] {Threei} NASDAQ doesn't look encouraging for longs
[08:57] {Threei} CPI numbers don't help
[08:57] {Threei} inflation creeps in
[08:58] {cosmo} what the world needs now.... is $40 oil
[08:58] {Threei} 35 is even better
[08:58] {Threei} let's vote?
[08:59] {Threei} I am all forit
[08:59] {cosmo} $20 i say
[08:59] {cosmo} like old times...
[09:00] {Raven}
3 long time ago good ... now heap shit
[09:00] {Raven}
3 an old Indian
[09:00] {cosmo} hmm
[09:01] {magoo} play qid today vad, keep eyye on it
[09:01] {Threei} or as the oldest cuneiform ever found says "Times gone bad. Youth doesn't listen to elders and drinks undiluted wine"
[09:02] {Raven}
3 nice
[09:02] {cosmo} perenial human nature
[09:03] {Raven}
3 perennial ?
[09:03] {Threei} Lehman''s current Q1 WTI price forecast is $86/barrel. A Goldman analyst said overnight that the firm still expects oil prices to break $105/barrel in the second half of 2008, adding that it is possible that we will see a pullback in oil prices before the second half.
[09:03] {cosmo} primordial?
[09:03] {Raven}
3 maybe
[09:03] {cosmo} checking...
[09:03] {Raven}
3 k
[09:04] {dptl} good morning all
[09:04] {Threei} dp :)
[09:04] {Threei} FOMC minutes from the January 29/30 policy-setting meeting will take the helm mid-day. Recall that the Fed cut rates by 50bps at the late- January meeting. The market is likely to scrutinize the Fed, looking for signs of panic amongst the MPC, and will also look for a solid explanation as to why the Fed cut rates by 75bps in a surprise move on January 22.
[09:04] {magoo} PD :)
[09:07] {cosmo} CEGE
[09:08] {cosmo} ... should be holding here
[09:10] {curtisweese} it going to be ugly today?
[09:11] {Threei} it's ugly already
[09:11] {Threei} what happens next... let's refrain from forecasts, not many of those materialized lately
[09:12] {Threei} I don't want to chase shorting right out of the gate
[09:12] {Threei} sudden spikes shaking out shorts are common
[09:13] {esemde} morning Vad.....seems like good advice right out of the gate ....
[09:13] {Threei} ese :)
[09:13] {curtisweese} what about ETFC? that looks like a short at 4.90 or so might be there before open though
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:14] {esemde} dino
[09:14] {Threei} if it forms the setup curtis.. why guess
[09:15] {Threei} ETFC tends to trade quite narrowly unless gets news
[09:15] {Threei} or rumors, this one is very rumor=prone
[09:18] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-2.html
[09:22] {curtisweese} ency bought by pfizer for 2.35 share....closed at 1.06 nice one if you own it
[09:23] -} *services* REGISTER Geog geog
[09:23] {magoo} good blog vad, just read it ..thanx
[09:23] {Threei} always
[09:24] {Threei} don't take ice cream from the passerbys, ok?
[09:24] {magoo} i my case, u mean beat the hot dog vendor don't u?
[09:25] {Threei} if that's what you fancy
[09:31] {lumdus} good morning all.
[09:31] {Threei} lum :)
[09:31] {magoo} lum:)
[09:31] {Threei} SIRF is slow, and GRMN drops hard
[09:32] {magoo} look at that drop
[09:32] {Threei} I'd say, 7.22 worth a try with .15 stop
[09:32] {magoo} sigh
[09:32] {Threei} just a scalp most likely
[09:32] {magoo} full lot?
[09:32] {Threei} sure
[09:32] {Threei} thock stock, tight stop
[09:32] {Threei} thick
[09:33] {Threei} gain is not likely to be spectacular
[09:33] {dino} out hurn swing yesterday p.m. +2.00
[09:33] {Threei} so small lot makes no sense at all
[09:33] {Threei} GRMN bounce play, small shares off 70
[09:33] {Threei} don't chase, jumped while I typed
[09:35] {Threei} get ready
[09:35] {magoo} wow
[09:35] {Threei} cross back over 70 long if holding above .70
[09:35] {Threei} in .01
[09:36] {Threei} 1:1 easy
[09:37] {Threei} and that was all it gave so far
[09:39] {magoo} outr here .57
[09:39] {magoo} missed fisrst ecxit
[09:39] {Threei} good job
[09:39] {Threei} I took first exit but didn't pull trigger on .30 break second time around
[09:39] {magoo} i laid out .57 first and no fill..a lil scary there but only half
[09:40] {magoo} look at that typing he he
[09:40] {magoo} [09:39] {magoo} outr here .57
[09:40] {magoo} [09:39] {magoo} missed fisrst ecxit
[09:40] {magoo} [09:39] {Threei} good job
[09:40] {magoo} [09:39] {Threei} I took first exit but
[09:41] {dino} fslr sm l .50
[09:41] {lumdus} in qcom 42.59
[09:41] {lumdus} long
[09:42] {dino} out 205 .50, +1.00
[09:42] {Threei} GRMN totally lost the idea of where the north is
[09:42] {lumdus} stop on qcom 42.47
[09:45] {Threei} watching QID for bounce play
[09:45] {Threei} NASDAQ is due to pullback it feels
[09:46] {dino} irbt l .00, stop lod
[09:46] {lumdus} qcom qo up already ..
[09:47] {Threei} QID support 51.90 for stop placement
[09:47] {Threei} hard to nail exact entry
[09:47] {magoo} yeah..i missed .99
[09:47] {lumdus} magoo dcc
[09:48] {Threei} SIRF 1:1
[09:48] {Threei} scalpers take profit
[09:48] {Threei} sane traders, let it trade
[09:49] {lumdus} any news on sirf ?
[09:49] {Threei} no
[09:50] {dino} sm fslr l .12
[09:50] {lumdus} qcom stop b/e 42.59
[09:52] {Threei} QID long on cross back over 52
[09:52] {Threei} stop .89
[09:53] {Threei} if loses .90 here wait
[09:54] {Threei} hesitation
[09:54] {lumdus} stop on qcom 42.67 looks like an all day ride maybe.
[09:54] {Threei} invalidated QID
[09:55] {lumdus} qcom stp 42.71
[09:55] {magoo} long qid .99
[09:56] {Threei} SEED half lot long .60
[09:56] {magoo} out .11 TY
[09:57] {Threei} stop under .40
[10:00] {lumdus} qcom out 42.70 + .11
[10:02] {magoo} SEED vald?
[10:02] {Threei} yes
[10:02] {magoo} ty
[10:03] {esemde} correct me if i'm wrong but even though the market is pushing down...it's not that hard seems to be losing steam to the down side
[10:04] {Threei} you are not wrong
[10:04] {cosmo} CROX
[10:04] {Threei} watching FFIV
[10:04] {Threei} 23.06 long trigger if stays above 22.90
[10:04] {lumdus} bac watch for a short..
[10:06] {lumdus} short bac 41.93 stop 42.07
[10:09] {Threei} FFIV holding well, waiting for market help
[10:09] {magoo} qid short scalp soon imho
[10:09] {Chaeron} gm all
[10:09] {Threei} chaeron :)
[10:09] {magoo} short qid .4o\
[10:10] {_fastchocho} short leh
[10:11] {Threei} SIRF, scalpers win
[10:11] {Threei} again
[10:11] {magoo} lately..they do
[10:11] {Threei} LEH stop above 54 fast?
[10:12] {_fastchocho} 54 stop looks ok
[10:12] {dino} irbt stopped .81 -.19
[10:13] {magoo} out QID .24, plus whatever
[10:13] {Threei} ah come on magoo
[10:13] {Threei} whip out the calculator, don't leave us hanging
[10:13] {magoo} i posted setup boss
[10:13] {_fastchocho} the lond GRMN looks good
[10:13] {Threei} suspence is killing inquiring minds
[10:13] {_fastchocho} long
[10:13] {magoo} lets see...uh..carry the 3..subtracr the
[10:13] {bruce} seed close to trigger
[10:13] {lumdus} vad, you looking to short LEH ?
[10:14] {lumdus} looks more long to m.e i think
[10:14] {_fastchocho} yes
[10:14] {Threei} no lum, it's fasat's play
[10:14] {lumdus} oh, ..
[10:14] {Threei} fast's
[10:14] {_fastchocho} lum whatdo you think?
[10:14] {Threei} I have this bad habit to be curious about someone else plays :)
[10:14] {lumdus} not short .. maybe long
[10:15] {Threei} SEED is honestly trying
[10:15] {Threei} FFIV nears trigger
[10:16] {magoo} in SEED aggressive .59
[10:16] {Threei} magoo and aggressive... who would have ever thought
[10:17] {_fastchocho} magoo whats ur target for SEED?
[10:17] {magoo} already waiting .74
[10:17] {magoo} scalparoo
[10:17] {magoo} OUT
[10:17] {magoo} Fukll lot
[10:17] {magoo} TY boiss
[10:18] {Threei} you are welcome but don't cry now
[10:18] {magoo} too late ..crying
[10:18] {Threei} out .87
[10:18] {Threei} +.27
[10:18] {dino} onxx l .35, stop .98
[10:18] {magoo} where u full?
[10:18] {Threei} yes sir
[10:18] {magoo} drats
[10:19] {magoo} u out fast?
[10:19] {Threei} fast, you out LEH?
[10:19] {_fastchocho} no still waiting to go in
[10:19] {Threei} oh
[10:19] {Threei} I though you shorted already
[10:20] {_fastchocho} no it was moving to fast
[10:20] {Threei} good thing then
[10:20] {magoo} fastcho, u out SEED?
[10:20] {Threei} FFIV triggered
[10:20] {_fastchocho} nope not in fast enough..lol
[10:21] {Threei} just don't change nick to slowchocho
[10:21] {magoo} lol
[10:21] {Threei} let current one be the motivation
[10:21] {dino} hmmmmm
[10:21] {magoo} now i am BALLING vad
[10:22] {esemde} LONG another 1/2 lot of SOLF 15.27
[10:22] {Threei} well, and I can't even gloat
[10:22] {Threei} since I am out too
[10:22] {magoo} its avail short u know
[10:22] {magoo} for a blow off scalp
[10:23] {Threei} FFIV stop .94 btw
[10:23] {Threei} 1:1 for those pesky scalpers
[10:23] {Threei} {pesky scalpers} look who is talking
[10:24] {magoo} waiting .23
[10:25] {Threei} SEED is famine stock
[10:26] {_fastchocho} wil SEED go to 12 anyone?
[10:26] {Threei} unless it goes back under 9 :)
[10:26] {magoo} it may go 10
[10:26] {_fastchocho} 9.07
[10:26] {Threei} it's a volatile jumpy one, highly impacted by the general market direction
[10:27] {_fastchocho} 9.15
[10:29] {_fastchocho} 8.98
[10:29] {magoo} OUT FFIV ty boss
[10:29] {Threei} half out FFIV for me
[10:29] {_fastchocho} te market is tuck in down trend
[10:29] {Threei} welcome mags
[10:29] {dptl} got to go.... have a good rest of the da all......o btw ty for FFIV Vad
[10:30] {Threei} take care dp and welcome
[10:30] {magoo} wait DP
[10:30] {dptl} no
[10:30] {Threei} lol
[10:30] * magoo slaps dptl around a bit with a large trout
[10:30] {dptl} :)
[10:30] {Threei} I know scalping rules... but FFIV acts like salmon
[10:30] {magoo} vad, dcc quick
[10:30] {Threei} gotta try for the chance of sizeable gain
[10:31] {Chaeron} a whole lotta talk about fish in this place....
[10:31] {_fastchocho} ok guys i am stuck..deciding between short LEH or GRMN
[10:31] {dino} flip a coin
[10:31] {dino} keep your stop
[10:33] {Threei} if I absolutely had to decide, I'd go with GRMN, fast
[10:34] {Threei} stop for the FFIV balance is trailed to .04
[10:34] {Threei} won't lose money on this one
[10:34] {Threei} worst case scenario I give back half of profit
[10:36] {Threei} see typicakl salmon action on FFIV?
[10:36] {Threei} stays put when market drops, makes new high when market bounces
[10:36] {dino} onxx stopp .00, -.35
[10:36] {Threei} that's what me likley
[10:36] {_fastchocho} whats target on FFIV?
[10:37] {Threei} no monetary target for me, rather going with the way it trades
[10:37] {Threei} while it crawls up slowly, without spikes, I am holding it,
[10:37] {Threei} maybe trailing stop if it forms nice readable support
[10:37] {Threei} if it spikes vertically with volume increase, either get out or trail stop tighter
[10:38] {Threei} will comment on the go
[10:39] {dino} itri l .40 ,sm stop .99
[10:40] {Threei} out 1/4 more FFIV
[10:40] {Threei} +.30
[10:40] {Threei} stop to 23.15
[10:40] {esemde} if SOLF bounces of 15.00 today......that would be a triple bottom....i'm gambling with a 1/2 lot here but this could prove to very profitable
[10:41] {esemde} I plan on adding more around the 15.50 Area
[10:41] {esemde} if conditions are right.
[10:45] {bruce} rimm AS BREAKOUT LONG VAD?
[10:45] {bruce} sorry about caps
[10:48] {Threei} I like it bruce
[10:48] {Threei} I would prefer pullback entrey
[10:48] {Threei} like now
[10:49] {Threei} stop is under .90 so better get it closer to support
[10:49] {esemde} rimm
[10:49] {esemde} opps....your on to it
[10:49] {dino} irbt l .65, stop .37
[10:49] {Threei} hard to tell if market rug pull is coming or we still have gas left
[10:50] {dino} magoo has gas left
[10:50] {magoo} HEYT
[10:51] {Threei} a bit more info than we ever care for... :)
[10:51] {bruce} too many chili dogs for him dino?
[10:51] {dino} lol
[10:53] {dino} itri stop to .78
[10:53] {Threei} not holding support RIMM
[10:54] {bruce} ntri dino
[10:54] {bruce} yes - see that vad
[10:54] {bruce} passing on it for now
[10:54] {dino} out itri slip .75, +.35
[10:56] {dino} i can't borrow it bruce, ntri
[10:56] {dino} don't like when they limit me to one way
[10:56] {magoo} grmn looks ready to go up..any read vad?
[10:57] {Threei} not sure mags, tough read
[10:58] {Threei} if holding above .70, try long .91
[10:58] {Threei} at least this is sensible structure
[10:59] {bruce} k dino
[11:00] {magoo} ok, but do not have to try it..if not good
[11:00] {Threei} yeah, it's pretty much 50/50 here
[11:01] {Threei} TMRK COLLABORATES WITH WITH CDC GAMES TO BREAK NEW GROUND IN ONLINE GAMES
[11:03] {Threei} ONXX small shares long .50 break if stays above .30
[11:04] {bruce} eqix possible reversalnear here dino
[11:05] {Threei} OHIO ATTY GEN: LOOKING AT POTENTIAL LAWSUIT V FNM OVER DISCLOSURE OF SUBPRIME HOLDINGS{FNM}
[11:05] {Threei} .60 breakdown worth a try short FNM
[11:05] {Threei} half lot
[11:06] {Threei} stop/invalidating level .81
[11:06] {dino} see if .50 holds
[11:07] {Chaeron} onxx
[11:07] {Threei} triggered
[11:08] {Threei} lose .50 and die FNM
[11:09] {Threei} trail stop to .71
[11:10] * Threei slaps Laserdave1 around a bit with a large trout
[11:10] * magoo slaps Laserdave1 around a bit with a large trout
[11:10] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:10] {Threei} group support
[11:10] {Threei} for me
[11:10] {Threei} group therapy for dave
[11:11] {Threei} no worky FNM
[11:12] {magoo} man..not in..but look grmn..says it all about mkt
[11:12] {Threei} yeah, told you liked it short more
[11:12] {Laserdave1} howdy all
[11:12] {Threei} oh hi dave
[11:12] {magoo} hi dave
[11:12] {Chaeron} Dave!!!
[11:13] {Laserdave1} lol
[11:13] {esemde} dave!!!
[11:13] {Laserdave1} my fine friends
[11:14] {Threei} ok ONXX, it's time
[11:14] {Threei} move your heavy butt, will ya
[11:16] {Threei} GRMN SEES COMPETITION INCREASING IN 2008 - CONF CALL
[11:16] {magoo} thats it then
[11:17] {magoo} 74 highs pre mkt
[11:18] {Threei} ONXX over 1:1
[11:18] {Threei} out +.30
[11:18] {dino} eqix was a beauty bruce, i missed it, was waiting .82
[11:18] {magoo} nice vad
[11:19] {Threei} thank you magoo, you ever so kind to me... noone but you puts my name and nice in the same sentence
[11:19] {dino} out fslr 205.72, +1.60 sm
[11:20] {Threei} wow
[11:20] {Threei} wtg dino
[11:20] {dino} spnc l .92, stop .77
[11:20] {magoo} ONXX text book on why u layout ahead vad
[11:20] {dino} lucky, sm kept me in
[11:21] {Threei} on thinnies, yes
[11:21] {Threei} not always get bids to hit so better offer it out into spike
[11:21] {Threei} and use laser fast sell to get out if not taken at the offer
[11:22] {dino} onxx l .30
[11:22] {Threei} wow, beautiful entry
[11:24] {Threei} and a lot of patience... I would be out on that spike right after you grabbed it :)
[11:32] {magoo} the sell from hell grmn
[11:36] {dino} spnc stopped -.15
[11:39] {esemde} LONG full lot SOLF avg position .38
[11:40] {esemde} my appologies to those of you new to the board....positon or swing trdaing is not what this board is about....
[11:41] {Threei} but we like to salivate when ou post your exits
[11:41] {magoo} i just like slapping him
[11:41] {dino} es always breaking the rules
[11:41] {esemde} I did well with that position in SOLF that I had at 16.10.....partialed that out up to 18.00 and a bit....
[11:42] {esemde} we'll see how this works
[11:43] {esemde} hugely profitable company thats just having the crap... beat out of it....
[11:44] {esemde} keeping in mind of course that you should NEVER fight the bear going long
[11:44] {esemde} never know.....I might be in to early
[11:45] {magoo} if mkt goes down here vad..kinda like rimm short..amny read?
[11:47] {bruce} nvda looks like short
[11:48] {Threei} NVDA looks better short than RIMM
[11:56] {Threei} see how RIMM happily makes new highs while NVDA stays put?
[11:57] {magoo} yes..my read off on it
[12:01] {dino} ima
[12:02] {dino} l .02 sm
[12:03] {Threei} hawk, look dcc please
[12:04] {dino} spike mkt
[12:04] {Threei} out of nowhere
[12:04] {Threei} nothing on wires
[12:06] {magoo} qid long somewhere vad?
[12:07] {curtisweese} newbie in on aapl at 123.11
[12:08] {curtisweese} run aapl run!!!!1
[12:08] {Threei} mags, I can't tell
[12:08] {Threei} something is happening
[12:09] {Threei} or it's nothing
[12:09] {Threei} we just don't know, while the influence is fairly sizeable
[12:09] {curtisweese} omg....please tell me the bulls have come home.....
[12:09] {curtisweese} here bully bully
[12:10] {Threei} lol curtis
[12:11] {curtisweese} get off your butt aapl and get me back in the black! :(
[12:12] {Threei} market looks like another spike coming curtis
[12:12] {Threei} should help if materializes
[12:13] {curtisweese} aapl breaks 123.30 or so and should get some nice gains
[12:13] {curtisweese} here it goes....come on! i'm WILLING you go up now.....hahahah
[12:14] {Threei} here is spike I told market to do for you
[12:14] {Threei} here is AAPL following
[12:14] {Threei} I'll shut up and you make the best out of it
[12:15] {Chaeron} KNSY - RECEIVES FDA 510(K) CLEARANCE FOR NEW SAFE-CROSS(R) VESSEL WALL DETECTION TECHNOLOGY
[12:15] {dino} dji green
[12:18] {Threei} tell me you are out curtis
[12:18] {curtisweese} yes out at 123.56 up $.45 with 700 shares
[12:18] {curtisweese} yay
[12:19] {Threei} trading is breathing... inhale-exhale
[12:19] {Threei} or you choke
[12:19] {Threei} now, allow me to quote one exchange from this morning
[12:19] {Threei} [09:10] {curtisweese} it going to be ugly today?
[12:19] {Threei} [09:11] {Threei} it's ugly already
[12:19] {Threei} [09:11] {Threei} what happens next... let's refrain from forecasts, not many of those materialized lately
[12:19] {Threei} how about that
[12:19] {dino} hmmmm
[12:19] {dino} yoda
[12:20] {curtisweese} yes....i just waited patiently till aapl was at resistance and bought when it barely broke it....worked!
[12:20] {Threei} who missed it in the morning, psychology series continued:
[12:20] {Threei} http://www.realitytrader.com/blog/2008/02/trading-psychology-stage-2.html
[12:21] {dino} out ima .88, +.86
[12:22] {Threei} we have fed minutes today
[12:22] {Threei} maybe they leak content? :)
[12:24] {dino} maybe they say nothing
[12:24] {Threei} can we get that lucky?
[12:25] {esemde} NVDA....nice!!!!!
[12:26] {esemde} whose in that?
[12:27] {curtisweese} ese you long on it?
[12:27] {esemde} no...long SOLF just watching NVDA
[12:29] {bruce} any read grmn vad?
[12:29] {bruce} tricky stock
[12:34] {Threei} hmmm
[12:34] {Threei} no... sorry
[12:35] {curtisweese} nvda looks yummy if it pulls back and hold 21.70ish (at least to my newb eyes)
[12:36] {esemde} have a great rest of the day all....i'm otta here.....
[12:36] * magoo slaps esemde around a bit with a large trout
[12:36] {esemde} ouch!!!!!
[12:40] {bruce} bye ese -thanx vad
[12:48] {bruce} fnm long?
[12:51] {curtisweese} in on NVDA at 21.70 (i'm a newbie...be careful!)
[12:56] {bruce} s fnm .44 stop .60
[12:57] {Threei} stop under .60 curtis
[12:59] {hawkfan4} COIN daily starting to look interesting, tricky one
[13:01] {Threei} why did I ever trailed that FFIV stop?
[13:03] {Threei} looks like another NASDAQ run at the high in cards
[13:04] {Threei} after that it becomes too close to fed minutes
[13:05] {Threei} here we go
[13:05] {bruce} stopped fnm
[13:05] {Threei} my crystal ball is freshly polished, can you tell?
[13:05] {Chaeron} mine's still in the shop
[13:05] {Threei} sure, I paid them to keep all others
[13:05] {Chaeron} never worked right in the first place :)
[13:06] {curtisweese} out on NVDA +$.08 with 3000 shares
[13:07] {curtisweese} scalp cuz i'm scared of fed
[13:07] {curtisweese} and market
[13:07] {curtisweese} and losing money sometimes
[13:08] * Threei slaps curtis around a bit with a roll of bills for indecent profits
[13:09] {curtisweese} okay, i have to go to my normal job...sigh...no fun...bye everyone
[13:09] {Threei} take care curtis
[13:09] {dino} sm l grmn .20, risky
[13:09] {Threei} good job
[13:09] {curtisweese} i only made abouot $400 today but that works for me!! :)
[13:10] {Threei} well, tell me
[13:10] {Threei} do you make it in a day on your "normal job"?
[13:10] {Chaeron} 22 trading days in a month.... times $400....
[13:10] {curtisweese} lol...yeah....more, but not any fun
[13:10] {Chaeron} hmmm...$105,000 per year
[13:10] {dino} gj curt
[13:12] {Chaeron} TEAMSTERS TO ENDORSE BARAK OBAMA FOR THE DEMOCRATIC PRESIDENTIAL NOMINATION - UNION OFFICIAL
[13:13] {dino} grmn stopped
[13:13] {Threei} GRMN brutal
[13:14] {Threei} again... so much for "like the product, buy the stock" theory
[13:15] {dino} strange thing they beat by .20 and guided up
[13:16] {Threei} so much for "good news - up" theory
[13:16] {Chaeron} lol
[13:17] {Threei} anyone got any more theories for me to detsroy? :)
[13:17] {Chaeron} E=mc2?
[13:17] {Threei} this one I still have to work on... but gravity isa certain hoax
[13:17] {dino} when is a door not a door?
[13:18] {Chaeron} gravity is just a fad
[13:18] {dino} when it's ajar
[13:18] {Chaeron} :) nice dino...
[13:19] {dino} :)
[13:19] {cosmo} if it wasn't for gravity, we wouldn't be here...
[13:19] {Chaeron} how can you not love this place... $$$, jokes and philosophy
[13:19] {dino} are we?
[13:20] {bruce} go havea bologna sandwich dino
[13:20] {Threei} couple nails replace gravity cosmo
[13:21] {cosmo} better make them screws...
[13:21] {dino} lol, chilli dods today, no roll
[13:21] {Threei} or superglue
[13:21] {dino} -14 lbs.
[13:22] {dino} dogs
[13:22] {cosmo} superglue for the dowels
[13:22] {bruce} the chili dog diet
[13:22] {bruce} I bet it would be a best seller dino
[13:23] {dino} chicken wings yesterday, peperoni/cheese day before. you can follow this
[13:24] {bruce} I can see its all lo cal stuff
[13:24] {bruce} you got a winning diet on yourhands their dino
[13:24] {dino} its all about the carbs for me
[13:24] {bruce} small pop in alxn dino
[13:25] {bruce} mya be a long here
[13:26] {dino} i like it, but where?
[13:29] {bruce} not sure -
[13:30] {bruce} .50 seems to be holding
[13:30] {Threei} and we are dropping now why?
[13:30] {Threei} totally bipolar market, lol
[13:31] {Threei} we did great today considering the wierdest market
[13:33] {Threei} FED'S POOLE: US ECONOMY WILL SKIRT RECESSION, INFLATION EXPECTATIONS GENERALLY STABLE, FED POLICY SHOULDN'T FOCUS ON JUST ONE ISSUE
- Food, energy may be setting inflation expectations.
[13:33] {Threei} - Excessive stimulus may be counter-productive.
[13:33] {Threei} - Inflation harder to reverse than unemployment.
[13:33] {Threei} - Must be careful not to accomodate increased inflation.
[13:33] {Threei} - A substantial increase in inflation would promise a larger recession later.
[13:34] {Threei} these comments signal nearing end of rate cuts if this is feds point of view
[13:36] {Threei} PREVIEW: MINUTES OF THE JAN 30 FOMC MEETING TO BE RELEASED AT 2PMET
**today's minutes are expected to include sections from the Jan 30th meeting as well as the Jan 21st emergency conference call and a discussion of the Fed's expanded quarterly economic forecasts.
[13:36] {Threei} **reminder: at the Jan 30th meeting, the FOMC cut the target rate 50 bps to 3.00%, and stated:
[13:36] {dino} .50 more coming in march imo, the banks are too big to fail
[13:36] {Threei} - Sees continued downside risks .
[13:36] {Threei} - Credit tightened further for business and households, sees "deepening contraction" in housing market slump, with softening in labor markets.
[13:36] {Threei} - Financial markets remain under considerable stress, Fed notes will act in timely manner as needed to address economic risks, and rate cut should promote moderate growth, yet risks remain.
[13:36] {Threei} - Fed expects inflation to moderate in coming quarters.
[13:36] {Threei} - Vote 9-1 for Target Rate cut (Fisher dissented, preferred rates unchanged); Discou
[13:36] {Threei} Discount Rate cut 50bps, decision was unanimous.
[13:37] {Threei} feels this way dino... aftre that anyone's guess
[13:37] {Threei} inflation becomes real concern
[13:38] {cosmo} solomon's treasure is still good collateral
[13:38] {Threei} but famine is coming
[13:38] {Threei} at least we were told so yesterday
[13:39] {dino} of course, if they re-inflate, takes care of debt issues, i.e. what we owe is less
[13:39] {cosmo} is that something they spray?
[13:40] {cosmo} from planes?
[13:40] {dino} drop from planes
[13:40] {cosmo} gotcha
[13:40] {bruce} nice uptrend in vz tofay
[13:47] {Threei} TIVO floats to the surface
[13:48] {Threei} interesting resistance to break at 9
[13:48] {Threei} worth keeping eye on
[13:50] {Chaeron} 10 min to Fed
[13:56] {Threei} 5
[14:00] {Threei} *JAN 30 FOMC MINUTES: SAW NEED FOR RELATIVELY LOW INTEREST FOR A TIME
[14:01] {Threei} - Raises 2008 jobless forecast to 5.2-5.3% v 4.89% previous,
[14:01] {Threei} - GDP growth at 1.3-2%
[14:01] {Threei} - Fed official ssee growth risk to the downside
[14:01] {Threei} - Expects core inflation to moderate over the next 2 years
[14:04] {Threei} - recent inflation data 'disappointing'
[14:04] {Threei} - Saw chance of big rate cuts on Jan meeting conference call, but no taken action, Jan 22 rate cut spurred by weak economy, market strains
[14:05] {Threei} market says "and?"
[14:08] {Threei} PCLN dino
[14:10] {Threei} interesting... don't think I often seen market rfemaining so indifferent to minutes
[14:13] {patience} yesterday was my best day in february. today sitting in cash. need the market to figure out what the fed minutes mean.
[14:15] {Threei} market is like "I can't... I'll wait for them to figure out what they mean"
[14:16] {Threei} I want top short QID badly
[14:16] {Threei} top = to
[14:16] {Threei} market feels to me like shrugging off all the nonsense and just going up again
[14:17] {_fastchocho} i want to long the QID
[14:17] {Threei} cool, we will be hedged
[14:18] {dino} pcln too strong
[14:19] {_fastchocho} whats your target on PCLN ? 140?
[14:20] {Threei} ?
[14:20] {Threei} we don't have any p;osition in it
[14:20] {_fastchocho} OK
[14:20] {_fastchocho} Did anyone short GRMN?
[14:21] {hawkfan4} no, but i can show you the scars from trying to catch it
[14:26] {bruce} grmn is a pos - just when you think you can read it works you over
[14:29] {dino} indeed wise bruce, indeed
[14:30] {dino} 63 held last drop
[14:30] {magoo} on grmn..can u imagine in it long from pre mkt 74
[14:30] {lumdus} in rio 34.71 long
[14:31] {dino} but a scratch magoo, i've had worse
[14:31] {bruce} out aci +.30
[14:31] {Threei} FED'S POOLE: IMPOSSIBLE TO FORECAST EXCHANGE RATES, WEAK USD HELPING TRADE SURPLUS AND EXPORTS - Q&A- Does not use policy to influence currency outcome
[14:31] {hawkfan4} GRMN nasty today, but back in .39, last try
[14:32] {bruce} you got guts hawk
[14:33] {bruce} its lokks like it's going long now - so mms will probably duymp it here
[14:33] {dino} long or short hawk
[14:33] {hawkfan4} long
[14:33] {dino} ok
[14:33] {hawkfan4} :)
[14:33] {dino} nice entry
[14:33] {hawkfan4} have this mad idea of a full recovery
[14:34] {Threei} covering QID here from .60
[14:35] {dino} alxn l .61
[14:36] {dino} and i think i'm in kansas
[14:37] {dino} chilli dog burp, whew
[14:38] {lumdus} stop on rio 34.55
[14:41] {dino} alxn lum? at .48
[14:42] {dino} opps rio, sorry
[14:43] {dino} ima l .65
[14:45] {lumdus} watching pten break 24.00
[14:47] {lumdus} stop on rio 34.64
[14:49] {lumdus} in pten 24.01
[14:50] {Threei} look at QID
[14:50] {dino} out alxn .90, +.29
[14:50] {magoo} u gonna hit qid vad?
[14:51] {Threei} didn't think of it from bounce point of view
[14:51] {Threei} felt market was to go up, shorted it earlier
[14:51] {Threei} covered too soon (what else is new)
[14:52] {magoo} :)
[14:52] {Threei} [14:16] {Threei} market feels to me like shrugging off all the nonsense and just going up again
[14:53] {dino} 220+range
[14:53] {lumdus} stop on rio 34.89
[14:53] {lumdus} need to lock somehting in.
[14:53] {lumdus} out rio 34.89 + .18
[14:54] {dino} out ima .80, +.15
[14:55] {lumdus} pten stop 24.03 have no patience ..
[14:56] {dino} taking 15 min. break
[14:57] {bruce} any read stp vade?
[14:58] {lumdus} ou tpten flaat
[14:59] {lumdus} short rimm 97.35 stop 97.51
[14:59] {Threei} not really bruce
[14:59] {Threei} too volatile
[14:59] {bruce} k thnx
[15:00] {lumdus} rimm just looks out of steam.. who knows
[15:00] {Threei} lum, keep it in context of overall market move
[15:00] {Threei} if NASDAQ resumes upward so will RIMM
[15:01] {lumdus} yes, i am ..
[15:01] {lumdus} stop on rimm 97.35 break even
[15:01] {lumdus} tried to get out .18 no workie
[15:01] {_fastchocho} Whats causing this rally? Pooles rmark of unlikely recession?
[15:02] {_fastchocho} DOW up120?
[15:02] {lumdus} fast, it's not me buying :)
[15:02] {cosmo} inflation adjustment
[15:02] {lumdus} out rimm - .01
[15:03] {bruce} patience is buying the4 market fast
[15:03] {Threei} fast, just wait till tomorrow... market columnists that never made a dime trading will find explanation
[15:03] {patience} laughing, nope. i will wait before putting money to work
[15:03] {lumdus} easy to write those columns,
[15:04] {Threei} after the fact, sure
[15:04] {cosmo} HPQ up 8%
[15:04] {bruce} the media has correctly predicted 30 of the last 6 recessions vad
[15:04] {Threei} for us as traders it's just irrelevcant
[15:04] {Threei} lol bruce
[15:04] {patience} just scalping gold and silver, turning back to china stocks
[15:04] {Threei} "trade what you see, not what you think"
[15:04] {Threei} who said that?
[15:04] {cosmo} master po?
[15:05] {lumdus} i see rimm going back below 96.00 just a feeling here.
[15:08] {bruce} thats right grasshopper - I mean cosmo
[15:11] {dino} farley
[15:11] {dino} ?
[15:12] {bruce} sheesh - onxx watching it but missed the pop
[15:12] {Threei} F grade to both
[15:13] {magoo} vad, long rimm or aapl?
[15:13] {dino} vad throwing the f bomb again
[15:13] {bruce} f is for fantastik
[15:15] {Threei} not here mags
[15:15] {Threei} if you believed in upward, time was when I first posted it
[15:17] {dino} hurn fast drop
[15:19] {bruce} alxn long here dino?
[15:20] {magoo} thought powerup into bellvad
[15:20] {magoo} bel vad
[15:21] {Threei} could be, can't tell yet
[15:21] {Threei} watching
[15:21] {dino} hmmm dk bruce not really moving
[15:21] {magoo} rimm 98 magnate?
[15:21] {bruce} k - thought it might pop on break of .10
[15:21] {Threei} can you think of better illustration to the market's nature than today's action?
[15:22] {Threei} bad news piling on bad news, oil through 100... and market rallies
[15:22] {dino} oil is the only thing keeping this market up
[15:23] {patience} and ag and gold/silver
[15:23] {dino} which are up because oil is up
[15:24] {patience} gold yes, ag, don't think so
[15:24] {dino} gold cause weak dollar
[15:24] {dino} sure, crn=ethanol, = deer= cart etc
[15:24] {dino} cat
[15:25] {patience} i'm looking for timing to short ethanol stocks dino. someone in usda is going to say we need food more than ethanol
[15:26] {dino} ethanol isn't the best way, imo. you will be right
[15:26] {patience} i will be right if i trade it properly lol
[15:27] {dino} lol
[15:27] {dino} i have faith in your abilities
[15:27] {Threei} COIN
[15:27] {Threei} sheesh
[15:28] {Threei} FED'S POOLE: RATES MAY HAVE TO GO LOWER BEFORE RISING, MUST WATCH INFLATION, NOT ALARMED BY LATEST NUMBERS - Q&A
- Notes inflation is creeping in wrong direction, rates may eventually be above 3%, current situation not a major crisis as recession fears must be balanced vs inflation. Must deal with inflation risks before inflation arrives
[15:28] {Threei} - Notes the need to replace the subprime mortgage market
[15:28] {Threei} - Says markets are healing somewhat after financial stress, LIBOR spreads have narrowed
[15:29] {dino} neog
[15:31] {lumdus} nice reversal
[15:34] {dino} hurn
[15:35] {_fastchocho} anyone playinh mgm in the morning?
[15:35] {dino} dgly
[15:36] {dino} l .66
[15:36] {Threei} why MGM?
[15:38] {_fastchocho} straddle play
[15:39] {Threei} we are simpletons, fast
[15:39] {Threei} we see setup on the chart - we play it
[15:40] {Threei} underlying reasons for price change is for analysts to figure out after the fact
[15:40] {Threei} we are happy with profits today and their explanations tomorrow
[15:40] {lumdus} short amzn 73.37 stop 73.58
[15:40] {lumdus} pure gamble to see if we go down at eod.
[15:41] {patience} just to keep fast company, if you're looking for a spec ag play, look at ALM (Anglo Minterals)
[15:41] {_fastchocho} imma newbie threei so bear with me
[15:41] {patience} Potash play in Saskatchewan. About 6 or 7 juniors bought up land that wasn't owned by Mosaic (MOS-N) and Potash (POT-T). This stock has good upside. One of the best ways to play potash. BHP Billiton (BHP-N) is the partner and has 75% of the project, which means there are deep pockets for them
[15:41] {Threei} nah, nothing to bear with... just explaining our approach :)
[15:42] {dino} out dgly .85, +.19
[15:42] {lumdus} yeah, tommorrow i write up how much money i could've made ..
[15:42] {_fastchocho} ok...neways mgm is an earnings play
[15:43] {lumdus} amzn stop move to 73.54
[15:43] {lumdus} die market (with amzn) die !
[15:44] {Threei} stop above .50 lum?
[15:44] {lumdus} .54 right now
[15:45] {_fastchocho} cec is also an earnings play...lookshort
[15:45] {lumdus} vad, what nice drop and i am out.. need to get it to go already.
[15:46] {Threei} it's trying lum
[15:46] {lumdus} yeah, but it needs some help. can we start hitting it.
[15:47] {lumdus} stop now .48 .. it's not looking good yet
[15:47] * Threei hits NQ over the head with 2x4 for lum
[15:48] {lumdus} just hit amzn .. i don't care if everybody else makes money long
[15:48] {Threei} hmmm... violence doesn't help
[15:49] {patience} wait until 3:45 pm vad
[15:49] {Threei} chart is downtrending though
[15:49] {_fastchocho} umm its 3:49
[15:49] {_fastchocho} pm
[15:49] {Threei} 4 minutes? I can wait that long
[15:49] {Threei} lol fast
[15:49] {Threei} really
[15:49] {Threei} are we in a time warp?
[15:50] {patience} i am....completely forgot to look at clock....busy busy day so far
[15:50] {dino} y
[15:51] {dino} i'm beat, good one tho
[15:51] {lumdus} out -.11 crap amzn
[15:51] {lumdus} have a nice evening
[15:51] {Threei} sorry lum, who knew it would go berserk
[15:51] {lumdus} not me..
[15:51] {Threei} but you defined this trade as pure speculation from the get-go
[15:53] {Threei} COIN... shoot me someone
[15:54] {patience} i need money quick...going for retail therapy at Bellevue Malls in Washington State on friday. Let's hope tomorrow is a good market day.
[15:55] {dino} _fastchocho, earnings list at yahoo....biz.yahoo.com/research/earncal/today
[15:57] {_fastchocho} it says no longer available
[15:57] {Threei} OK guys, thank you all, that was nice day
[15:57] {_fastchocho} dino
[15:57] {Threei} almost every trade worked
[15:57] {dino} i get it
[15:57] {dino} every day
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {hawkfan4} here's a good earnings date source http://moneycentral.msn.com/investor/market/earncalendar/
[15:58] {dino} http://biz.yahoo.com/research/earncal/today.html
[15:59] {_fastchocho} ok dino got it now
[15:59] {dino} may find it helpful
[15:59] {dino} especially afterhours
[15:59] {dino} ima drop
[15:59] {dino} spike
[16:01] {dino} itri
[16:07] {dino} nvtl drop, vrgy drop
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