Mar 14 2008

Session Time: Fri Mar 14 00:00:00 2008

[08:33] {Threei} *FEB CONSUMER PRICE INDEX M/M: 0.0% V 0.3%E; CPI EX FOOD_ENERGY M/M: 0.0% V 0.2%E; CPI NSA: 211.693 V 212.223E
[08:34] {magoo} morning
[08:34] {Threei} Good morning
[08:34] {Threei} market loved the numbers
[08:36] {magoo} man vad, thats a 100 point spin in dow {again}
[08:37] {magoo} boy, i wouldn't want to be short
[08:37] {magoo} shorts keep getting slammed
[08:37] {Threei} no kidding
[08:38] {Threei} just when it looks like everything goes to hell in basket, market stages rally of scale that would be impressive even in a bull market
[08:48] {magoo} u made good point yesterday...how little $5 stx don't move anymore...they will....but at least we adapted
[08:48] {Threei} I miss them
[08:49] {Threei} not their time in cycle...
[08:50] {magoo} me too...couple bucks up mom..nice
[08:51] {magoo} jesus..even doug kass {ultimate perma short} oin cnbc saying if we go up today..he going home and re evaluate
[08:52] {magoo} talking heads saying shorts are suicidal
[08:52] {Threei} there you go
[08:52] {magoo} 3 abk crushes, a s&p crush, and today crush
[08:52] {Threei} when everyone gives up an idea of a drop, bear returns
[08:53] {magoo} yeah, when talking heads say shorts hurting..time to short
[08:53] {Threei} that's what I said all along, and we have moved into stage 2 now
[08:53] {magoo} although, not yet
[08:53] {Threei} stage 1 was - everyone is bearing, market rallies
[08:53] {Threei} stage 2 - rallies make shorts nervous, sentiment changes slowly,
[08:54] {Threei} it's still hard to believe market can go up while such dark clouds are all over
[08:54] {Threei} but rally after rally makes people rationalize
[08:54] {Threei} and finally they say OK, things are not as bleak
[08:55] {Threei} stage 3 - everyone's convinced we dodged the worst, bear returns
[08:55] {Threei} ummm.. stage 4 - everyone says it was all huge manipulation
[08:56] {Threei} stage 5 - those who traded what they saw come out ahead,
[08:57] {Threei} those who traded what they thought... well, they as usual provided the the first group with money
[09:00] {cosmo} so, what now? ...time to buy real estate?
[09:02] {Threei} soon
[09:03] {cosmo} agree
[09:04] {cosmo} as a hedge...
[09:09] {cosmo} PWER
[09:09] {cosmo} In a letter to PWER mgmt, Bel Fuse (BELFA BELFB) CEO states "There are significant opportunities for the realization of synergies resulting from the combination of our businesses.
[09:10] {cosmo} 2.90 pre mkt high ...so far
[09:12] {GeoArb} good morning
[09:12] {Threei} geo :)
[09:13] {cosmo} TTHI: # Lilly and Transition Therapeutics Announce Licensing and Collaboration AgreementPR Newswire(Thu 5:26pm)
[09:16] {cosmo} SOLF
[09:17] {Threei} BCS
[09:17] {Threei} JPMORGAN CHASE AND FEDERAL RESERVE BANK OF NY TO PROVIDE FINANCING FOR A PERIOD OF 28 DAYS, WORKING ON PERMANENT FINANCING
[09:17] {Threei} - JP Morgan in conjunction with the Federal Reserve Bank of New York, has agreed to provide secured funding to Bear Stearns, as necessary, for an initial period of up to 28 days. Through its Discount Window, the Fed will provide non-recourse, back-to-back financing to JPMorgan Chase. JPMorgan Chase is working closely with Bear Stearns on securing permanent financing or other alternatives for the company.
[09:19] {esemde} good morning
[09:19] {dptl} good morning all
[09:19] {Threei} ese, dp :)
[09:21] {Threei} that was BSC, sorry
[09:21] {Threei} wrong symbol
[09:21] {Threei} RIMM
[09:21] {Threei} INDIAN TELECOM OPERATORS NEGOTIATING ON BLACKBERRY USAGE - WSJ- Reminder: On 3/10, there was a report the Indian gov't stated that messages sent using RIMM's system pose a threat to security, citing the difficulty of tracing and intercepting these messages.
[09:22] {Threei} what's with solars
[09:23] {esemde} there up so far this morning........hit rock bottom my guess
[09:24] {GeoArb} vad, whats the symbol of NQ in laser?
[09:24] {dino} gm all
[09:25] {Threei} "/nq8h" - without quotes
[09:25] {Threei} dino :)
[09:25] {GeoArb} 8h or h8?
[09:25] {Threei} 8h
[09:25] {GeoArb} thnx
[09:27] {magoo} why is BSC news considered bad??
[09:27] {magoo} 8 pt drop
[09:27] {Threei} there are more
[09:27] {dino} dogs and cats in sin, you guys talking real estate
[09:28] {Threei} CONFIRMS AGREED TO SECURED LOAN FACILITY WITH JPMORGAN CHASE; SAYS LIQUIDITY IN THE LAST 24 HOURS SIGNIFCANTLY DETERIORATED- agreement with JPMorgan Chaseto provide a secured loan facility for an initial period of up to 28 days allowing Bear Stearns to access liquidity as needed. Bear Stearns also announced that it is talking with JPMorgan Chase & Co. regarding permanent financing or other alternatives.
[09:28] {Threei} - Alan Schwartz, CEO of The Bear Stearns Companies Inc., said, "Bear Stearns has been the subject of a multitude of market rumors regarding our liquidity. We have tried to confront and dispel these rumors and parse fact from fiction. Nevertheless, amidst this market chatter, our liquidity position in the last 24 hours had significantly deteriorated. We took this important step to restore confidence in us in the marketplace, strengthen our liquidity and allow us to continue normal operations."
[09:28] {Threei} - The
[09:28] {Threei} - The company can make no assurance that any strategic alternatives will be successfully completed.
[09:28] {dino} jpm will be buying bsc
[09:28] {dino} at 40
[09:29] {Threei} ABK
[09:29] {Threei} RELEASES CHAIRMAN'S LETTER
[09:29] {Threei} very informative
[09:29] {esemde} inside info dino????
[09:30] {cosmo} SOLF pre mkt high = 10.90
[09:30] {cosmo} fwiw
[09:30] {dino} yes, from inside my gut
[09:31] {dino} they are on the ropes
[09:32] {esemde} TTHI Eli Lily wants to buy it
[09:33] {esemde} wants to commercialize it's diabetes treatments
[09:34] {bruce} qgen moving
[09:35] {bruce} lpnt 2 bucks out of gate dino
[09:36] {bruce} any tho0ughts on qgen .60 break vad?
[09:37] {Threei} if holding above ,45
[09:39] {bruce} you may like akns vad
[09:39] {Threei} solar
[09:39] {Threei} needs whole sector to move
[09:39] {Threei} rarely does it move alone
[09:40] {bruce} k
[09:40] {Threei} FSLR is strong
[09:40] {Threei} so AKNS does have a chance
[09:40] {Threei} although SOLF looks more promising as a follower
[09:40] {magoo} rimm falls
[09:42] {esemde} strong indeed Vad
[09:42] {bruce} should we try goog today curtis?
[09:42] {bruce} just for fun of course
[09:42] {Threei} don't wake up a monster bruce
[09:43] {magoo} curtis, take a look at BIDU
[09:43] {magoo} kidding
[09:43] {bruce} ah bidu is kids stuff
[09:43] {bruce} drys is better
[09:44] {Threei} SOLF is trying
[09:44] {Threei} watching how well it's holding while FSLR drops
[09:44] {Threei} if doesn'tr retreat under .70, will be a long candidate
[09:44] {Threei} .91 trigger
[09:46] {magoo} pretty good fall aapl
[09:46] {magoo} mkt still eractic
[09:47] {Threei} BSC
[09:47] {Threei} break of 50 short, half lot
[09:47] {Threei} ugh... too fast
[09:47] {Threei} no one got it I suppose
[09:47] {magoo} nope
[09:48] {tomg} i did vad
[09:48] {Chaeron} not me either... GM all
[09:48] {GeoArb} i got about 65 cents
[09:48] {Threei} wow guys
[09:48] {GeoArb} on the previous pivot
[09:48] {Threei} fantastic reflexes
[09:48] {GeoArb} only 100 shares though
[09:48] {tomg} about .60, ty vad
[09:48] {bruce} q's selling off vad
[09:49] {Threei} 2.5 points drop off trigger
[09:49] {Threei} hi chaeron
[09:49] {bruce} may be better short or wait for bounce to try longs
[09:49] {magoo} 2.5 seconds notice tho : )
[09:50] {tomg} out
[09:53] {magoo} it was 65 pre mkt
[09:54] {magoo} one of these days i gonna catch one of these
[09:54] {tomg} one of these days i'm not gonna jump out so quick :)
[09:54] {magoo} 7 points vad call now
[09:54] {GeoArb} wo
[09:54] {GeoArb} cought the BSC
[09:54] {GeoArb} \never seen so much money on 100 shares
[09:54] {dino} thought the shorts were toast
[09:55] {dino} buy the dips, sell the rips
[09:55] {Threei} that was yesterday dino :)
[09:55] {Threei} today longs turn
[09:55] {dino} this a.m. on cnbc
[09:55] {Threei} *MARCH PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 70.5 V 69.5E- 1 year inflation expectations at 4.5% v 3.6% in Feb
[09:56] {Threei} BSC, that's a bit too much
[09:56] {dino} yes was thinking 40
[09:57] {magoo} can u imagine buying at 65 this morn
[09:58] {ThurstonHowellTheThird} .....without using a stop
[09:58] {bruce} I bet dino shorted it
[09:58] {dino} icxt sm l .11, stop lod
[09:59] {Threei} bounce time near, RIMM
[09:59] {dino} chickened out bruce
[09:59] {Threei} one last leg down it seems
[09:59] {bruce} cluck
[10:00] {bruce} cluck
[10:00] {bruce} cluck
[10:00] {Threei} 17 points BSC
[10:00] {GeoArb} i am loving BSC
[10:00] {Threei} you still in?
[10:00] {esemde} Solars really following FSLR.....
[10:00] {GeoArb} out now
[10:00] {magoo} i was looking to short that pre mkt..no shit..but discipline prevailed
[10:00] {ThurstonHowellTheThird} wow
[10:00] {Threei} 21 points
[10:00] {Threei} mama mia
[10:00] {GeoArb} 600 bucks on 100-200 shares
[10:01] {GeoArb} thats gotta be luck
[10:01] {esemde} market just tanking........
[10:01] {Threei} OK RIMM
[10:01] {magoo} it going to negative 5
[10:01] {Threei} finger on a trigger
[10:01] {magoo} long right?
[10:01] {Threei} yeah, bounce scalp
[10:01] {Chaeron} [06:56] {Threei} BSC, that's a bit too much --- BSC to Vad "*I'LL TELL YOU WHEN I'VE THOUGHT IT IS ENOUGH" :)
[10:01] {Threei} lol
[10:02] {dino} 330pt range, fast today
[10:02] {magoo} my god virginia.it is end of times
[10:02] {Threei} about time
[10:02] {GeoArb} i need to learn hunting and fishing )
[10:02] {Threei} in
[10:03] {magoo} i resident hunter
[10:03] {Threei} out
[10:03] {Threei} that was fast 50 cents on RIMM
[10:03] {magoo} huh? make any?
[10:03] {dino} beyond here, there be monsters
[10:04] {GeoArb} being a newbies... i think ill stayoff countertrend
[10:04] {GeoArb} looks like ulcers
[10:04] {esemde} is it the Bears Stearns news thats the bringer of this doom?
[10:04] {Threei} part of it yes
[10:04] {patience} appears so
[10:04] {Threei} second part is sentimewnt change, CNBC starting talking bear is over
[10:05] {Threei} remember I said a few times
[10:05] {Threei} these ralies happen until outlook in masses in bearish
[10:05] {Threei} they will be over and we will see realdownturn once massses start belieivng it's over
[10:05] {magoo} vad..pull up my earlier commenyt..talking heads one
[10:06] {dino} buy the dips sell the rips, thats bear market trading
[10:07] {bruce} thinking of trying bsc bounce vad?
[10:07] {dino} in
[10:07] {Threei} no
[10:07] {dino} sm
[10:07] {bruce} toolate
[10:07] {dino} 36, 100
[10:07] {Threei} this move is too far beyind ordinary
[10:07] {esemde} this is not for the faint of heart today.....
[10:07] {Threei} can run into halt
[10:08] {Threei} can run into another news release
[10:08] {GeoArb} k
[10:08] {bruce} k- not even thinking of touching bsc
[10:08] {Threei} don't... this is get it early or stay away kind of thing
[10:08] {magoo} bsc lev 2 makes bidu look like nvda
[10:08] {Chaeron} fun to watch at least
[10:09] {magoo} i can't take itttttttttttt
[10:09] {Threei} oh yeah
[10:09] {Threei} this is one of those days
[10:09] {Threei} 1. get your popcorn
[10:09] {magoo} u know me vad..my natural instinct
[10:09] {bruce} shpgy break vad?
[10:09] {Threei} 2. set default shares half or third of your usual
[10:09] {magoo} trying discipline here
[10:09] {esemde} FSLR ...man that was a 14.00 tank before it turned around...wow
[10:10] {bruce} yeah mags - we know - partners in crime w lum and curitis
[10:10] {GeoArb} i bet laserdave has been whipping it all the way down
[10:10] {Threei} not my cup of tea bruce
[10:10] * Chaeron sets default shares to 5
[10:10] {bruce} k
[10:11] {Threei} 3. take notes of what happens today because this is one of those days you will be telling your grandkinds about
[10:11] {magoo} taking bets..i say close green
[10:11] {dino} black swan
[10:11] {Threei} Great Liquidity Crisis era, the day Bear Sterns fell
[10:11] {GeoArb} about time
[10:12] {GeoArb} poker/golf playing dufus
[10:12] {magoo} vad, how much u make on RIMM, ?
[10:12] {Threei} 50 cents
[10:12] {Threei} me chicken
[10:12] {magoo} only .40 here
[10:13] {magoo} my only trade
[10:14] {bruce} missed it - couldn't decide where to enter or how big stop should be
[10:14] {lumdus} good morning all. woke up damm late again.
[10:14] {GeoArb} i got about 3 dollars from bsc
[10:14] {lumdus} yeah, i missed the best trades i imagine
[10:14] {Threei} hi lum, missing all the fun
[10:14] {Threei} wqtg Geo
[10:14] {bruce} your kinda trades too lum
[10:14] {Chaeron} what a day lum..... we all got 25pts + on short of BSC :)
[10:15] {dino} wtg!!!
[10:15] {Threei} only 20 chaeron, don't make those exaggerated claims undermining our credibility
[10:15] {Chaeron} [07:01] {Threei} 21 points
[10:16] {Chaeron} I was close :)
[10:16] {Threei} hehe
[10:16] {Chaeron} and then dino covers and goes long for an additional 8 points... *wiping tear - thing of beauty*
[10:17] {dino} no, never shorted
[10:17] {Chaeron} so, other than that, how's your day going lum?
[10:17] {dino} icxt stop to .32
[10:17] {Chaeron} (you know I'm teasing lum... but we did miss you)
[10:17] {lumdus} vad, i got screwed today. my ctum changes to ctgi so i don't know if i am up or i am down
[10:17] {dino} out .33, +.22
[10:18] {Threei} CTGI is at 2
[10:19] {lumdus} holly smoke !
[10:19] {lumdus} tx.
[10:20] {bruce} market a t decisoin point after nice bounce - back down or up agiaqn?
[10:21] {bruce} these huge swings are hard (and scary ) to trade vad
[10:21] {Threei} look 2 points out of three I made above
[10:22] {GeoArb} i already trade only 100 shares :(
[10:22] {Threei} that's fine :)
[10:22] {GeoArb} (down to 30) HEHEHE
[10:22] {Threei} nash, keep it reasonable, lol
[10:23] {GeoArb} vad would like you to know I have paid for your course :D
[10:23] {Threei} watching XLF for bounce
[10:23] {GeoArb} thnks
[10:23] {Threei} wow Geo... I am happy to hear that
[10:23] {magoo} XLF not coming up here
[10:23] {Threei} sheesh... mags, you don't have some of major feeds
[10:24] {Threei} you have BSC quotes right?
[10:24] {magoo} what should i have?
[10:24] {magoo} yes
[10:24] {Threei} ok, then your NYSE is fine, but AMEX is not
[10:24] {magoo} ok, thats right, another amex last wk
[10:25] {bruce} amgn looking like long reversal play
[10:25] {magoo} ill tell evadresal
[10:25] {Threei} use BSC to time XLF bounce
[10:26] {magoo} how the hell i do that?????????????????????
[10:26] {Threei} you don't, you need to get AMEX feed first
[10:26] {magoo} ROFLOL
[10:27] {Threei} XLF long here with stop under 24
[10:27] {magoo} sigh..i guess i'm on my own
[10:28] {Threei} yup
[10:29] {Threei} FED BOARD VOTED UNANIMOUSLY TO OK JPM, BSC ARRANGEMENT, WILL CONTINUE TO PROVIDE LIQUIDITY AS NECESSARY
- Says will provide liquidity as neccessary to promote orderly functioning of financial system, monitoring market developments
[10:29] {magoo} fresh?
[10:29] {Threei} a few min ago
[10:30] {Threei} XLF 1:1
[10:30] {dino} pcar
[10:30] {Threei} half out for me
[10:30] {Threei} scalpers know what to do
[10:31] {Threei} if they don't they are not scalpers
[10:33] {GeoArb} vad do you use oms mudule for stops?
[10:34] {Threei} if I want to set auto stop, yes,
[10:34] {dino} pcar s break of .00
[10:34] {dino} sm
[10:34] {Threei} but I almost never do that
[10:34] {GeoArb} ok
[10:34] {GeoArb} so whats the alternative?
[10:34] {Threei} manual
[10:35] {Threei} I just click sell
[10:35] {GeoArb} yeah i was afraid of that
[10:35] {Threei} why?
[10:35] {GeoArb} market out?
[10:35] {Threei} best stop is on your fingertips
[10:35] {Threei} if a stock very thick, market
[10:35] {GeoArb} ok
[10:35] {Threei} otherwise same way as I do entries
[10:35] {Threei} a few cents beyond market
[10:35] {GeoArb} ok thanks
[10:36] {Chaeron} SEC: WILL "CONTINUE TO WORK CLOSELY" WITH BEAR STEARNS
[10:37] {curtisweese} s RIMM 103.22
[10:37] {dino} i-bankers are not allowed to fail i see
[10:37] {dino} perhaps if some hookers were sent over, they would let it trade properly
[10:37] {lumdus} dino, if they fail we all faily
[10:38] {dino} one i-bank won't matter over time. part of the process
[10:39] {dino} gs loaded w/bsc puts i bet
[10:39] {curtisweese} out rimm short +.02 :)
[10:40] {curtisweese} dangit!! out 10 sec too early
[10:40] {curtisweese} trying again at 103. this time
[10:42] {curtisweese} out RIMM short +$.40
[10:43] {curtisweese} s RIMM 102.78
[10:44] {curtisweese} out RIMM short -.05
[10:45] {curtisweese} l RIMM 103.04
[10:46] {bruce} aapl lookinglike short - any thoughts on it vad?
[10:46] {GeoArb} bsc daily looks sad
[10:46] {curtisweese} out RIMM +.20
[10:46] {curtisweese} crap...missed .30 on that one
[10:46] {bruce} you play rimm like a pinball machine curtis
[10:46] {GeoArb} and he seems to get about a buck at the end of it heh
[10:47] {curtisweese} heheh...just have to be willing to take .10 losses a lot.....
[10:47] {curtisweese} i made $5k on it yesterday again...well 4,500 or so
[10:47] {bruce} great
[10:47] {dino} wow
[10:47] {curtisweese} s RIMM 103.14
[10:48] {bruce} lol that got dinos attention
[10:48] {dino} cov pcar .63, +.40
[10:48] {dino} i'm just a small guy shooting for 700 a day
[10:49] {dino} srcl l .08, stop .74
[10:49] {curtisweese} that one hurt -$.29 !!
[10:49] {curtisweese} owie!!1
[10:50] {curtisweese} l RIMM 103.65
[10:51] {magoo} how many shares u flipping curtis to make 5k a day, seriously?
[10:51] {curtisweese} out RIMM +.40
[10:51] {dino} hell of a week going curtis
[10:51] {curtisweese} 1000 shares of RIMM and AAPL is what i seem to play over and over now
[10:52] {GeoArb} so you made 5 bucks on rimm yesterday
[10:52] {GeoArb} wow
[10:53] {GeoArb} BSC in talks to sell at 60% of book value
[10:53] {GeoArb} to various
[10:54] {lumdus} in bsc 36.65
[10:54] {GeoArb} i am curious... anyone else got that news?
[10:54] {Chaeron} CNBC'S GASPARINO REPORTS BSC IS "ACTIVELY BEING SHOPPED" TO JPM AND OTHERS{JPM}
[10:54] {GeoArb} perfect
[10:54] {Chaeron} mp Geo
[10:54] {dino} blood is running
[10:55] {GeoArb} mp?
[10:55] {Threei} at 10:49 on wires geo
[10:55] {lumdus} stop b/e 31.65 on bsc
[10:55] {lumdus} out 32.05
[10:55] {Chaeron} mp - my pleasure
[10:55] {lumdus} bsc + .40
[10:55] {curtisweese} l RIMM 103.9
[10:55] {GeoArb} i was curious about 60% book value statement
[10:56] {dino} my end of days comment fits bsc
[10:56] {Chaeron} FED BOARD STAFF: JPM WILL NOT BE LIABLE FOR ANY DEFAULTS ON BSC COLLATERAL{BSC XLF}
[10:56] {curtisweese} out RIMM -.09
[10:57] {dino} pretty good deal for jpm
[10:58] {bruce} possible long setup - nvda - break of .91
[10:58] {curtisweese} s RIMM 103.72
[10:58] {dino} stupid fed, no risk jpm, fed has risk of default, fed should just do it itself, maybe get gains
[10:59] {dino} srcl stop to .40
[11:01] {curtisweese} -$.10
[11:01] {curtisweese} grrrrrrrrrrrrrrrrrr
[11:01] {dino} out srcl .52, +.44
[11:01] {GeoArb} 5 dojis in a row in rimm
[11:01] {bruce} nice dino
[11:01] {curtisweese} dino, nice work!!1
[11:02] {esemde} hmmmmm just listening to an interview that said there is only a 60% chance that Bernake will be reappointed in 2010....thats a vote of non confidence in my view
[11:03] {ThurstonHowellTheThird} dino, on SRCL, how did you know that was a reversal point?....If you don't mind me askn
[11:03] {curtisweese} l RIMM 103.72 i feel it this time!!! come on!!!!
[11:04] {dino} watched for about hour,daily, 5 dayu, monthl;y chart,hit 50 sma, and the,n, gut feel
[11:04] {ThurstonHowellTheThird} k thx
[11:04] {dino} my edge, fwiw, seems to be capitulation and euphoria, i play contra, small size, wide stops and let them trade
[11:05] {dino} 300-500 shares, srcl was 500, stop stop around .33. on 300 stops around .51
[11:06] {dino} probabilities plays an important part of my trading
[11:06] {dino} and magoo, will tell you, once itm, i get stingy and tighten stop fiercly
[11:06] {bruce} possible reversal here in penn dino
[11:08] {dino} penn tricky, imo someone thinks deal will not happen
[11:08] {bruce} k
[11:09] {Threei} QLTY?
[11:09] {Threei} what just happened?
[11:09] {Threei} I see no news
[11:11] {dino} bs spike is all i see
[11:11] {dino} 8k 6:30
[11:18] {lumdus} poor folks who had bsc from yesterday. my heart goes out to them. that is a huge freekin dump
[11:19] {Threei} it was up nicely pre-market... if they watch their mney they would have taken a gift
[11:20] {dino} when you get lucky, take it- livermoore
[11:21] {curtisweese} especially when fast money and those shows on CNBC all pump it every day while it drops
[11:22] {dino} alex
[11:23] {magoo} vad, how many trades u do today, i saw 2
[11:24] {Threei} calls or personally?
[11:24] {GeoArb} your personal are diff from calls?
[11:24] {GeoArb} for shame !!!!!!!!!!!!!!!!!!!!!
[11:24] {curtisweese} s RIMM 103.02
[11:24] {Threei} yes they are
[11:24] {Threei} not drastically but still
[11:24] {GeoArb} :)
[11:24] {bruce} in fairness - would think some trades move to fast for vad to post
[11:25] {Threei} just so there is no confusion over that
[11:25] {GeoArb} i think vad is secretly trading curtis style
[11:25] {Threei} 1. those that move too fast to post, as bruce said
[11:25] {Threei} 2. those that I deem too risky to call
[11:25] {Threei} 3. those that I miss while alerting
[11:26] {curtisweese} out RIMM +.38
[11:26] {Threei} 4. those that I miss because of dcc, e-mails, mentoring or administrative issues
[11:26] {curtisweese} omg...i left sooooo much money on the table......grrrrrrrrr
[11:26] {GeoArb} crap i was kidding
[11:26] * Chaeron vows never to DCC Vad again
[11:26] {Chaeron} :)
[11:27] {Threei} there could be some minot divergencies aside of those, but mostly these 4 reasons explain the difference
[11:27] {curtisweese} l RIMM 102.39
[11:27] {Threei} nah Geo, fair question
[11:27] {bruce} auxl dino
[11:27] {GeoArb} its impossible for them to be same unless my account is linked to yours hehe
[11:27] {Threei} this matter is often being raised in discussions abolut rooms operation
[11:28] {GeoArb} ala IB
[11:28] {dino} w/mkt help
[11:28] {dptl} ok gonna go get some sleep(was working all night)have good rest of day and good weekend all :)
[11:28] {Threei} and any divergence is being pointed out by square heads as a sign of headtrader dishonesty
[11:28] {dino} later dp
[11:28] {GeoArb} even if you get audio
[11:28] {Threei} take care dp
[11:28] {GeoArb} people just have different trigger fingers
[11:28] {ThurstonHowellTheThird} bye dp
[11:29] {Threei} I won't tell your wife that you were working all nights while she was away
[11:29] {Chaeron} yeah... right... TokyoJoe you aint brother
[11:29] {curtisweese} out RIMM +.16
[11:29] {dptl} lol
[11:29] {Threei} square heads are squeare heads
[11:29] {Threei} I long abandoned atempts to explain or justify
[11:30] {Threei} but I do prefer to be very clear with members about how we operate
[11:30] {GeoArb} fair enough
[11:30] {curtisweese} l RIMM 102.62
[11:30] {Threei} imagine me seeing nice setup at 11:59,
[11:30] {GeoArb} i want to learn to fish anyway
[11:30] {Threei} I call it for the troom,
[11:30] {Threei} but will I take it if I have mentoring session starting at 12:00?
[11:31] {curtisweese} out -$.07
[11:31] {GeoArb} if all i wanted was calls..... i would try to convince you to open an IB friends family account and sign a waiver
[11:31] {GeoArb} hehehe
[11:31] {Threei} well... you know what they say about teaching man to fsh
[11:32] {Threei} he will sit on a boat and drink beer all day
[11:32] {GeoArb} whats wrong with that?
[11:32] {Threei} absolutely nothing
[11:32] {magoo} excuse me..but it was my questuion lol
[11:32] {Threei} I just want to make sure I am invited
[11:32] {GeoArb} heh
[11:32] {dino} you were right auxl
[11:32] {bruce} possibble bear flag in rimm here vad
[11:33] {dino} did someone say beer?
[11:33] {Threei} yes bruce, but trigger is a bit far from stop level for my taste
[11:33] {magoo} i did
[11:34] {Threei} .25 would be a short trigger
[11:34] {Threei} and resistance is fuzzy
[11:34] {bruce} k - nasty stop of .70 orso?
[11:34] {Threei} I would prefer it to consolidate a little to form a firmer and closer one
[11:34] {bruce} k
[11:34] {bruce} passing on it
[11:35] {magoo} id prefer a double bottom bounce to day high
[11:35] {magoo} off here
[11:35] {bruce} still time for auxl dino - thinking .27 break
[11:36] {bruce} thanx vad
[11:37] {magoo} vad, thoughts on my scenario RIMM?
[11:38] {Threei} that would be .75 break
[11:38] {bruce} rimmsky short starting to look better
[11:38] {Threei} but again... where is support for a stop?
[11:38] {magoo} .39
[11:38] {Threei} it's just a bit too wide range to find a solid safe break play
[11:39] {Threei} why .39
[11:39] {Threei} it went much lower several times
[11:39] {Threei} in last 5 min or so
[11:39] {Threei} not very pronounced support, easy to get shaken out
[11:41] {Threei} for any of these plays to be more kosher I'd like RIMM to form a bit tighter range
[11:42] {lumdus} in gg 45.35 stop 45.29
[11:42] {Threei} closer support for a break of .75
[11:42] {Threei} ot closer resistance for a break of .25
[11:42] {Threei} looks better now
[11:42] {magoo} feels like rimm gonna go..risky feel
[11:43] {Threei} with .40 being firmer support
[11:43] {dino} sm de l .50
[11:43] {curtisweese} l RIMM 102.68
[11:45] * Threei slaps Laserdave1 around a bit with a large trout
[11:45] {lumdus} nice heads up magoo
[11:45] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:45] {Threei} 1:1
[11:45] {Threei} nice
[11:45] {curtisweese} moved my stop .95
[11:45] {curtisweese} moved my stop to .12
[11:45] {magoo} i took .66 when talking w/vad
[11:46] {lumdus} i talk .78 crap
[11:46] {magoo} only half lot
[11:46] {lumdus} 3 x lot for me
[11:46] {curtisweese} .39 for my stop
[11:46] {lumdus} .39 mine also
[11:46] {curtisweese} .53 no
[11:46] {dino} bsc 12:30 conference call
[11:47] {lumdus} out here
[11:47] {Threei} BSC
[11:47] {Threei} ANNOUNCES CONF CALL AT 12:30ET TO ADDRESS SPECULATION REGARDING FUNDING ANNOUNCEMENT; MOVES EARNING RELEASE DATE UP TO MONDAY- to announce Q1 earnings after the close on Monday, March 17
[11:47] {magoo} out her + buck
[11:47] {lumdus} +.93 tx magoo
[11:47] {Chaeron} beautiful trade magoo
[11:47] {Threei} good job guys
[11:47] {dino} i see vad still has me on ignore
[11:47] {magoo} u were listening to me lum?
[11:47] {Threei} no dino :)
[11:47] {Threei} just added details
[11:47] {magoo} i exit .69
[11:48] {dino} :)
[11:48] {bruce} nice move de dino
[11:48] {lumdus} i saw your post , checked rimm and liked it so i took it.
[11:48] {lumdus} stop on gg b/e
[11:48] {magoo} nice lum
[11:48] {magoo} , vad i liked your input too
[11:49] {magoo} [11:42] {Threei} looks better now
[11:49] {magoo} [11:42] {magoo} feels like rimm gonna go..risky feel
[11:49] {magoo} thats where i hit it
[11:49] {Threei} you just like hitting things, admit it
[11:50] {dino} lucky
[11:50] {curtisweese} i'm stuck in trade...screen frozen
[11:50] {Threei} wow
[11:50] {Threei} yikes
[11:50] {magoo} want a brew..dino says too early..i say..hey..all last week had 2 cans down by now
[11:50] {bruce} perfect entry in it - just before jump\
[11:50] {Threei} RIMM?
[11:50] {curtisweese} OMG....that is unaccepatable
[11:50] {curtisweese} got out at .42
[11:50] {dino} out de .91, +.41
[11:50] {curtisweese} tried to get out at .59
[11:50] {Threei} whew
[11:51] {curtisweese} that is such BS!!!! stupid Scottrade
[11:51] {curtisweese} magoo...nice work
[11:51] {Threei} this is when I should say... get broker with highest relaibility possible
[11:51] {curtisweese} never had an issue before....but that is just crap....i had stop set at .53 too
[11:52] {curtisweese} it went right past that and didn't sell and then it hit the fan
[11:52] {Threei} he like living on the edge geo
[11:53] {Threei} curtis, in all seriousness
[11:53] {Chaeron} his pc is an old Commador too :)
[11:53] {Threei} you play big shares on high volatility stocks
[11:53] {curtisweese} lol...no my computer is sweet
[11:53] {Threei} one such occurence may cost you so much, you'll swear off all second rate things for the rest of your life
[11:54] {magoo} my GOD,...scottrade the way u flip?? u must have unconfirmed exoits everywhere
[11:54] {Chaeron} ok... so your pc is the car and your trading software the engine, why do you have a Porsche Carrera GT3 with a '63 VW Beetle engine in it?
[11:54] {dino} gals, beer, real estate, hotels, no more 2nd's curtis
[11:54] {curtisweese} lol!!!
[11:54] {magoo} chaer, nice
[11:55] {dino} chaer always goes for the jugler
[11:55] {Threei} lol
[11:55] {curtisweese} my jugular hurts
[11:55] {Chaeron} meanwhile I bitch because Laser is TOO fast for me... I don't get a chance to second guess lol
[11:55] {bruce} any read amzn long vad if breaks 69?
[11:55] {magoo} ah vad, we both been slacking..u or me??
[11:55] {dino} no pleasing you
[11:55] {Threei} say what magoo?
[11:55] * magoo slaps Laserdave1 around a bit with a large trout
[11:55] {dino} now magoo, whats for lunch?
[11:56] {Threei} lookie here mags:
[11:56] {Threei} [11:45] * Threei slaps Laserdave1 around a bit with a large trout
[11:56] {Threei} [11:45] {lumdus} nice heads up magoo
[11:56] {Threei} [11:45] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:56] {Threei} 11 min ago
[11:56] {Threei} now... who's been slacking?
[11:56] {magoo} christ..I been SLACKING
[11:56] {Threei} there
[11:56] {magoo} i deserve a slap
[11:56] {Chaeron} no
[11:56] {Threei} no
[11:56] {Chaeron} won't give you one
[11:57] {Threei} dit and think about your behavior
[11:57] {Threei} sit
[11:57] {Chaeron} I'm a sadist... and I don't give masochists what they want :)
[11:57] {Threei} don't hope to easy way out
[11:57] {Threei} exactly chaeron
[11:57] {Threei} be back in 5
[12:01] {Chaeron} I need about $65million.... http://www.nysun.com/article/72907
[12:03] {dino} working w/ a guy on 15% chaer, call me
[12:06] {Laserdave1} o hey
[12:06] {Laserdave1} nice to see guys as well
[12:06] {Laserdave1} thanks all
[12:06] {Threei} always dave
[12:06] {Chaeron} Dave wakes up...
[12:07] {Chaeron} and I thought Magoo was lagged
[12:08] {lumdus} out gg +.45
[12:09] {lumdus} 3 trades today .. better off then many trades.
[12:10] {dino} udrl
[12:13] {curtisweese} rimm gonna die here?
[12:13] {patience} dino, tell me this isn't your latest purchase http://bigpicture.typepad.com/
[12:13] {curtisweese} guess not
[12:14] {curtisweese} s RIMM 103.29
[12:14] {magoo} gotta go walk up street and get pizza..dino buying if i walk..he made a ton today
[12:15] {curtisweese} out RIMM +.-9
[12:15] {curtisweese} i mean +.09
[12:15] {bruce} cnx possible short - any read vad?
[12:16] {GeoArb} great day
[12:16] {GeoArb} thanks all... have a great weekend
[12:16] {curtisweese} is there no lag at all with your trade engine? you just click and it is instantaneious
[12:17] {Threei} that's how it is curtis
[12:17] {Threei} you click, it's done
[12:17] {curtisweese} i have a one sec lag it seems
[12:17] {Threei} sheesh
[12:18] {Chaeron} speed of light curtis
[12:20] {Chaeron} Dave is the best to talk to about that and is confidential...
[12:20] {curtisweese} okay...cool
[12:21] {Chaeron} not confidential about MY account... meaning your confidentiallity
[12:21] {curtisweese} hahhaha
[12:21] {Chaeron} serioiusly
[12:21] {curtisweese} crap didn't get my fill at 103.50 for the short on rimm...grrrrr
[12:21] {dino} auxl ouch, bruce you ok
[12:21] {magoo} chaer dcc quock
[12:21] {curtisweese} too greedy ...should have set it a tad lower....sigh
[12:22] {bruce} gfig reversal dino - too high here but may drop to reasonableentry level
[12:22] {bruce} dumped it dino
[12:22] {bruce} not trading well today though
[12:23] {curtisweese} l RIMM 103.01
[12:24] {dino} sorry to hear
[12:24] {bruce} thanx
[12:24] {bruce} one ofthose days
[12:26] {dino} brakes are good, just picked up a pizza
[12:27] {dino} wow 5 days chart gfig rollercoaster
[12:27] {bruce} \nue possible swhort setup -
[12:28] {bruce} yes - looks to be at bottom though so thought gfig bouncecandiate
[12:28] {dino} bsc may be affecting it
[12:28] {curtisweese} out RIMM +.12
[12:31] {Threei} market is locked in a narrow range
[12:31] {curtisweese} s RIMM 102.94
[12:31] {Threei} until it resolves, anyone's guess which way
[12:32] {curtisweese} out -.11
[12:32] {lumdus} i should have stayed in bsc all day long. would have had a record day
[12:33] {dino} hindsite
[12:33] {Threei} you know it's easy in retrospect only :)
[12:33] {dino} is 2/20
[12:34] {dino} i think we will have more opportunity today
[12:34] {magoo} big ben on cnbc at 1 pm..could cause mkt move
[12:36] {lumdus} tell him to keep quiet
[12:37] {Threei} I am all for it
[12:37] {Threei} better yet - if only we could make nreenspan keep quiet for all those years
[12:37] {magoo} good pizza here
[12:38] {Threei} how many realize that all the mess we are in is direct outcome of greenspan policies
[12:38] {dino} reminds me of long term capital days
[12:38] {Threei} in all fairness, he didn't start it
[12:38] {Threei} but he took it to such extremes
[12:38] {dino} i do, and yet they worship him, easy money al
[12:39] {Threei} yeah... "who needs gold when we have greenspan" come to mind
[12:39] {Threei} not far from "hold my beer and watch this" eh?
[12:39] {dino} encourage sub-prime mtg business
[12:40] {Threei} oh yeah
[12:40] {curtisweese} s RIMM 102.76
[12:40] {dino} curtis, you ever relax?
[12:40] {Threei} no matter who or what started policy of printing money as solution to all problems - re bubble is direct child of greenie
[12:40] {curtisweese} out RIMM +.16
[12:40] {dino} salvation thru inflation
[12:40] {Threei} that was his answer to you dino :)
[12:41] {curtisweese} l RIMM 102.71
[12:41] {dino} yes
[12:42] {Threei} it's toxic... I can sit whole day and watch curtis
[12:42] {curtisweese} out -.12
[12:43] {curtisweese} i need to get "mark to market" distinction for tax purposes, so i need a lot of trades being that i have a full time job and the IRS looks closely b/c of that....
[12:43] {magoo} if curtis is 2k rd trip...my god..u flipping clodse to 100k shares ..$800 commission
[12:43] {Threei} BSC is holding conference call
[12:44] {Threei} things being said there affecting market
[12:44] {Threei} be careful guys
[12:44] {magoo} cash here
[12:44] {dino} eating pizza no worries
[12:44] {curtisweese} all cash
[12:45] {dino} same
[12:45] {curtisweese} dino, just saw your question....yeah...at 1 p.m. or so
[12:45] {curtisweese} pacific time that is
[12:46] {dino} de lod
[12:46] {Threei} a lot of brikers are out of BSC shorts
[12:46] {Threei} brokers
[12:46] {dino} lol curtis, you're making me tired
[12:47] {ThurstonHowellTheThird} lol, my neck hurts from turning to look at the screen every time I hear a beep on the chat
[12:48] {dino} no volume hear
[12:48] {curtisweese} there is a volume control? lol
[12:48] {curtisweese} i never have sound on
[12:48] {Threei} but thtt... think of how well exercised and flexible tyour neck is going to be
[12:48] {magoo} THTT, u post bail for maryanne?
[12:48] {Chaeron} heheh...
[12:48] {dino} just music in my office
[12:49] {magoo} vad, can i have a beep for chat room?
[12:49] {ThurstonHowellTheThird} I think I have developed a one-sided twich now :(
[12:49] {Threei} yes mags
[12:49] {curtisweese} l RIMM 102.04
[12:50] {Threei} got to File-Options-Sounds
[12:50] {Threei} lkookie there
[12:50] {magoo} is it complicated? i pretty obtuse
[12:50] {Threei} also, just in case someone wonders
[12:50] {Threei} there is a way to make room speak
[12:50] {Threei} and even pick a voice
[12:50] {Threei} extremely annoying if you ask me
[12:51] {curtisweese} out RIMM +.57!
[12:52] {magoo} i see sounds in there w/a + by it..what i do?
[12:52] {dino} working w/lazzard to determine alternatives, hey we are for sale
[12:52] {Threei} depends on what you want it beep on magoo
[12:53] {Threei} there is a dropdown menu with arrow
[12:53] {Threei} three boxes below
[12:53] {dino} should i shut my door
[12:53] {Threei} pick your events,
[12:53] {Threei} configure things,
[12:53] {Threei} then check the box at the top Enable sound
[12:53] {Threei} I'd think so dino
[12:53] {Threei} I hate this stuff honestly :)
[12:54] {Threei} aside of sound of order being executed, I need no other sounds
[12:54] {magoo} ok
[12:57] {dino} i use bright yellow flashes
[12:58] {Chaeron} mag - dcc
[12:59] {curtisweese} l RIMM 102.16
[12:59] {curtisweese} i mean 102.06
[13:01] {magoo} chaer, im there bro
[13:04] {dino} class actions filed bsc
[13:06] {bruce} market dropping - thoughts on nvda short vade?
[13:06] {curtisweese} out RIMM -.05
[13:08] {curtisweese} l RIMM looks like douuble bottom
[13:08] {Threei} a bit conflicted on it bruce
[13:08] {Threei} shart looks favorable for short
[13:09] {bruce} k- me too - looks like we may get bounce - or big dump
[13:09] {Threei} just not sure today's action allows rely on charts very much
[13:09] {bruce} k
[13:13] {magoo} vad type anything
[13:13] {Threei} anything
[13:13] {magoo} nadda chaetr..no prob
[13:13] {magoo} .
[13:14] {dino} chaer dcc
[13:20] {Chaeron} shoot
[13:23] {dino} -320 coming
[13:25] {lumdus} short rimm 101.97 stop 102.15
[13:25] {lumdus} 50/50 crap shoot
[13:25] {curtisweese} i will jump in with ya
[13:25] {curtisweese} hahahaha
[13:25] {bruce} q's really huging yesterdays low at moment vad
[13:26] {curtisweese} my stop is .20 though
[13:26] {Threei} but a bit higher than today's
[13:27] {Threei} so hard to see it as breakdown
[13:27] {lumdus} i got oinked .. bamm
[13:27] {lumdus} vad, so you think we have chance of recovery heare ? mood is rap
[13:27] {Threei} honestly, I have no opinion here on direction
[13:28] {Threei} last couple weeks left me with no desire to predict anything beyond "sun WILL rise tomorrow"
[13:28] {Threei} and even that...
[13:29] {curtisweese} i got stopped out too
[13:29] {Threei} really, how many predictions by anyone, from average joe and all the way to the very top of brilliant market analysts came true these days?
[13:29] {lumdus} not many, you right
[13:29] {Threei} here is one thing I really want you guys to give a thought to
[13:30] {curtisweese} l AAPL 125.94 i think we rally now
[13:30] {curtisweese} or not
[13:30] {Threei} I recently stumbled onto site that goes over predictions made by market reviewers. columnnists, analysts of all sorts
[13:30] {Threei} and tracks them
[13:30] {Threei} ranking all the guys by the percentage of them being right/wrong.
[13:31] {Threei} One thing struck me as odd as soon as I looked over ranking list:
[13:31] {Threei} at the very top of it with somethinbg like 69% was the guy I never considered to be any good at anything
[13:31] {curtisweese} aapl looks to be a good position for long ...with a stop right below 126
[13:31] {curtisweese} or around 125.80 or so
[13:32] {Threei} and somewhere closer to the bottom with 30 something percents was the guy I consider the most brilliant mind
[13:32] {Threei} So I started looking into their methodology
[13:32] {Threei} and one sentence made me dismiss their rankings altogether,
[13:32] {Threei} That sentence was:
[13:32] {Threei} "we do not consider conditional forecasts".
[13:33] {Threei} that was it for me
[13:33] {Threei} because any forecast in the market can be valid ONLY if it's conditional
[13:33] {bruce} rimm looking like possible long here
[13:33] {curtisweese} stop is set at 125.60 for me on aapl...i'm long from 125.94.....
[13:33] {Threei} otherwise it assumes that forecasters sees the future
[13:33] {Threei} One who says "market will drop tomorrow" has no credibility with me.
[13:34] {Threei} One who says "market will drop if this and this happens, and will rise if that and that happens" - this I am willing to listen to
[13:34] {curtisweese} that makes total sense to me
[13:34] {Threei} unfortunately it doesn't to many
[13:34] {Threei} they want the treade being fed to them
[13:35] {curtisweese} i feel we will rally....if the market goes up
[13:35] {curtisweese} ouch on aapl!!
[13:35] {Threei} and no matter how many times they lose on guru type of calls, they still strive for more
[13:35] {curtisweese} just missing my stop...lol
[13:35] {lumdus} correct you are.
[13:35] {dino} i trust the magic 8-ball
[13:35] {Threei} I do too, but even more so - my dartboard
[13:35] {curtisweese} it went down to .62 or so...come on....run aapl run darn you
[13:36] {Threei} One who confidently says "this is what is going to happen tomorrow" is a fraud
[13:36] {curtisweese} okay.....aapl is warming up....getting ready to run.....pleeeeeeeease run....hahahah!
[13:36] {Threei} Next logical step in this thinking:
[13:37] {Threei} how comfortable reasonable person can feel
[13:37] {Threei} letting financal advisors, managers etc manage their money?
[13:37] {Threei} have those people ever made money in the markets trading their own money?
[13:38] {Threei} or they just obtained certificate graduating form some courses?
[13:38] {curtisweese} out aapl +.16
[13:38] {Threei} and that course taught them how to make money in the market?
[13:38] {Threei} gimmie a break
[13:38] {dino} of course
[13:38] {dino} optm
[13:38] {Threei} of course telling this to you I am preaching to the choire
[13:39] {curtisweese} l on aapl again 126.24
[13:39] {judi} we agree others managing our IRA we lost over $200K in one year. We took over self-directing IRA ourselves
[13:39] {judi} and made money in real estate with IRA funds
[13:39] {curtisweese} i set too tight of a stop on last one....or maybe not
[13:39] {Threei} since you started trading your own money because you weren't confident in ability of those people to do that for you
[13:39] {Threei} there you go judi
[13:39] {Threei} proof of the concept
[13:40] {Threei} of course they all look brilliant in bull market
[13:40] {dino} gj judi
[13:40] {Threei} make money in what we have this year - you have my great respect
[13:40] {dino} agreed
[13:41] {Threei} make money in 1998 - 2000 environment... well
[13:41] {Threei} it's nice
[13:41] {Threei} but doesn't allow to tell brains from bull market
[13:41] {judi} we still have 7 houses no debt but can rent out until market moves. Plus we rode the great wave
[13:41] {Threei} this is brilliance :)
[13:42] {judi} several years and increased our IRA 1000%
[13:42] {Threei} buying blue chips and banks and holding them come hell or high water is not
[13:43] {Threei} whole idea is of "buy and hold, market in a long run always goes up, you can't time the market, it's not a loss until you sell" is a fraud pushed on people
[13:43] {dino} asset alligators
[13:43] {Threei} and designed to encourage them to give their money to alligators
[13:43] {Threei} thanks for the workd dino :)
[13:43] {Threei} word
[13:44] {dino} :)
[13:44] {dino} further, if you are on margin, believe me its a loss as it occurs
[13:44] {Threei} no kidding
[13:44] {bruce} out for balance of day
[13:44] {bruce} have a good weekend all
[13:44] {dino} learned the hard way years ago
[13:44] {bruce} see you monday
[13:44] {Threei} take care bruce, have a good one
[13:44] {dino} take care bruce
[13:44] {bruce} thanx vad
[13:45] {curtisweese} come on aapl....grrrrr
[13:45] {curtisweese} Slaps AAPL around with a large salmon as he can't find a trout
[13:46] * Threei hands curtis a trout... sorry, I borrowed it for min
[13:46] {Threei} to do this:
[13:46] * Threei slaps Laserdave1 around a bit with a large trout
[13:47] {magoo} back
[13:47] {lumdus} we need some good old recovery for the weekend here.
[13:48] {Threei} I wouldn't mind
[13:48] {curtisweese} out aapl +.24
[13:48] {dino} auxl l .52, stop .28
[13:49] {curtisweese} back in aapl long 126.35
[13:49] {curtisweese} doh
[13:50] {dino} blackkkkkk monday
[13:51] {curtisweese} we rally into close before selloff....come on.....market.. i love youuuuuuuuuu
[13:53] {curtisweese} hahaha...she just said "dumper" on CNBC
[13:54] {Threei} lol
[13:54] {Laserdave1} hey cutis dcc please
[13:54] {Laserdave1} curtis
[13:54] {Threei} they start asdopting the terminology
[13:55] {curtisweese} trying...lol
[13:55] {dino} maybe she was checking someone out, like "nice dumper"
[13:56] {curtisweese} she said the dollar was in the dumper
[13:57] {Threei} hard to argue
[13:57] {Threei} tthere is some ETF thattracks USD I think
[13:57] {curtisweese} i really like aapl...i think i need to break off a little capital for aapl long term
[13:58] {Threei} want to know it for the day when thewy all say get out of us dollar
[13:58] {Threei} I will sell farm, wife and kids and go long
[13:58] {dino} me too
[13:58] {curtisweese} jeez i say i like aapl and it tanks....lol
[13:59] {Threei} you know it by any chance dino?
[14:00] {dino} no
[14:00] {Threei} heck, I will even sell magoo's farm to use money for that trade
[14:00] {dino} but you know what i like soon, dug....ultrashort oil fund
[14:01] {Threei} for short?
[14:01] {curtisweese} short the short fund?
[14:02] {Threei} if you think oil goes up, you short short fund
[14:02] {dino} when oil tops, go long
[14:02] {Threei} yeah... but where does it top, lol
[14:02] {dino} up 1.70 today, oih -3.77
[14:02] {dino} thats the million dollar question
[14:03] {dino} maybe blow off top say 115
[14:03] {Threei} we have fed on March 18
[14:03] {dino} auxl stopped -.24
[14:03] {Threei} they cut rates again, it may fuel another oil/gold run
[14:04] {dino} no if involved, tuesday
[14:04] {Threei} another way to look at it:
[14:04] {magoo} vad, i need other reality service
[14:04] {Threei} they run in advance of another cut,
[14:04] {Threei} and when cut happens they tank,
[14:04] {magoo} how many inches is 10 mm?
[14:04] {dino} will watch
[14:05] {Threei} in realization that rate cuts near their end
[14:06] {Threei} gosh magoo... it's .0394, and I hope to never find out what it is you are measuring
[14:06] {lumdus} anybody quote for ctgi please.
[14:06] {magoo} under an inch ibelieve
[14:06] {magoo} like 1/4 inch?
[14:06] {Threei} 2.11 x .12 lum
[14:06] {curtisweese} market gonna rise now
[14:06] {lumdus} tx boss
[14:06] {curtisweese} come on market get out of it
[14:07] {Threei} {market} don't tell me what to do
[14:07] {curtisweese} hahahahhahaa
[14:08] {magoo} TY, under an 1/8 then
[14:08] {curtisweese} market is gonna rally if recent craziness holds true...everyone thinks we are screwed.....market rally
[14:09] {curtisweese} or b/c i think it goes up.....it goes down......grrrrrrr
[14:09] {magoo} except..that would be too easy
[14:11] {Chaeron} magoo - dcc
[14:12] {dino} feels down
[14:13] {curtisweese} double bottom in qqqq and aapl....(ones i'm watching righ tnoww)
[14:13] {curtisweese} well lower than double since they go down....nev mind!
[14:14] {curtisweese} more of a downward lightning bolt!!
[14:14] {curtisweese} zapping your money!!
[14:15] {dino} gfig getting smack
[14:16] {curtisweese} ahhh...it was double bottom.....
[14:16] {curtisweese} too bad i wasn't in :(
[14:18] {magoo} cheaer dcc
[14:21] {Threei} lum... your CTGI at 2.17
[14:22] {lumdus} thank you. i am thinking to sell a few today. .60 to 2.15 aint bad. but only 1 or 2k
[14:27] {curtisweese} look at the market tank
[14:28] {Threei} US GOVT. ANNOUNCES CAPTURE OF HIGH LEVEL AL-QAEDA FIGURE WHO HELPED BIN LADEN ESCAPE FROM AFGHANISTAN - WIRES- he was captured earier this week
[14:28] {lumdus} everybody is in bad mood that's it. - over the weekend maybe they wake up with smiley faces
[14:28] {lumdus} awesome !! rally time
[14:28] {Threei} they mean they caught camel driver?
[14:29] {dino} lods
[14:30] {Threei} want to see a bounce in RIMM, then breakdown of .50
[14:31] {Threei} ready to short .49
[14:32] {Threei} got .45
[14:33] {Threei} stop above .70
[14:33] {Threei} can take several tries
[14:33] {Threei} come on market, die
[14:33] {Threei} and take your child RIMM with you
[14:39] {Threei} well?
[14:40] {magoo} in
[14:40] {Threei} new low
[14:41] {Threei} grr
[14:41] {dino} sm l gfig .92
[14:41] {Threei} stropped
[14:41] {Threei} got a bit too greedy eh
[14:42] {magoo} me too
[14:42] {judi} for us we had great day, up, we'll retire for the week end while up. Have a good one!
[14:42] {curtisweese} i still market rallies , but time will tell
[14:42] {Threei} have a great weekend judi
[14:42] {curtisweese} err think
[14:42] {curtisweese} sigh
[14:43] {dino} gj judi
[14:44] {dino} out gfig .62, +.70
[14:44] {dino} that was a bruce spot, guy makes me money every day
[14:44] {curtisweese} dino!!! now who is raping the market!! YOU
[14:45] {curtisweese} good job bruce
[14:47] {dino} just lucky curtis
[14:48] {curtisweese} my screen keeps flashing green as stocks tick up....come on market ...you can do eeeeet!
[14:49] {dino} my scanner all red again
[14:50] {curtisweese} yeah....as soon as i hit send to the chat room the market laughs at me and goes down again
[14:50] {curtisweese} and now it goes up
[14:52] {curtisweese} i'm gonna go long..... okay AAPL 125.28 entry.....come on aapl, you hurt me earlier!!!
[14:53] {dino} moby dick
[14:53] {curtisweese} my white whale!
[14:53] {curtisweese} hahahaha
[14:53] {dino} =apple, ishmail is dino
[14:53] {dino} that stock guts me
[14:54] {curtisweese} it is gonna go up at least .30
[14:54] {curtisweese} i'm forcing it too...talking to steve jobs right now.....
[14:55] {dino} well all things considered its up about 6 bucks from monday
[14:55] {curtisweese} yay....here comes the break ! run darn you run!!!
[14:55] {dino} gfig sm l .11
[14:57] {curtisweese} out aapl +.60
[14:57] {dino} gj
[14:57] {magoo} nice
[14:59] {curtisweese} l aapl 126
[14:59] {curtisweese} nooooooooo go back up!!
[15:03] {dino} brb
[15:06] {curtisweese} out -.17
[15:08] {dino} gfig stopped .87-.23
[15:08] {curtisweese} crap...i sold too early.....sigh
[15:09] {lumdus} aapl long
[15:09] {curtisweese} one more time....aapl long 125.99
[15:09] {curtisweese} nice!!
[15:09] {lumdus} curit .. ha haa i got .88
[15:10] {curtisweese} doh!!!
[15:10] {lumdus} have a sell at 128.
[15:10] {curtisweese} wow...i hope you are rigth
[15:11] {curtisweese} here it goes.... (i hope i hope)
[15:12] {patience} dino, where do you think the dow ends today, thanks...
[15:12] {dino} wlp l .85 stop lod
[15:12] {lumdus} aapl move yourself now
[15:12] {curtisweese} market is gonna help it
[15:13] {lumdus} 1 lot out 126.39 2 lot stop b/e
[15:13] {lumdus} stop 125.99 for the 2 lot
[15:13] {magoo} this is crazy mkt
[15:13] {lumdus} out lot #2 126.70 + .85
[15:14] {curtisweese} out +ave .77
[15:14] {curtisweese} nice work
[15:14] {dino} gfig big old rinse while i was out
[15:14] {Threei} 15:13] {magoo} this is crazy mkt {--- this strikes me as a winner on obvious statements department {GGG}
[15:14] {lumdus} tx curtis good heads up
[15:15] {Threei} lum... 2.25
[15:15] {magoo} vad, on our rimm sh..i was waiting .21..got greedy and pulled order..took stop..dumb
[15:15] {lumdus} what ?
[15:15] {Threei} CTGI :)
[15:15] {Threei} mags
[15:15] {lumdus} oh, yeah .. go for it.
[15:15] {curtisweese} i'm gonna buy back in on a drop i think
[15:15] {Threei} wanna know what's very very funny?
[15:16] {lumdus} vad, i am so distracted today. my head is watching too much
[15:16] {dino} y not?
[15:16] {Threei} what go for it... just keeping you updated since you got no quotes on it
[15:16] {Threei} magoo
[15:16] {lumdus} tx vad. you a jem !
[15:16] {lumdus} out rest aapl .85 + 1.05
[15:17] {lumdus} man, what a day today. i don't need to come back for all next week.
[15:17] {Threei} what go for it... just keeping you updated since you got no quotes on it yeah, and your personal assistant (for a small administrative fee of course)
[15:17] {Threei} oh boy
[15:17] {Threei} that was a lot of different lines in one :)
[15:17] {dino} ccow
[15:17] {Threei} magoo
[15:17] {Threei} wanna know what's very very funny?
[15:18] {magoo} yep
[15:18] {Threei} I did exactly the same thing on RIMM
[15:18] {lumdus} i am ready tell the jok already
[15:18] {curtisweese} l aapl 126.75
[15:18] {Threei} had bid where you did
[15:18] {Threei} and pulled it
[15:18] {magoo} even sh .45 and canx .21?
[15:18] {Threei} only to get stopped instead of taking 1:1
[15:18] {Threei} yes
[15:18] {magoo} HE HE
[15:19] {Threei} BSC
[15:19] {Threei} HEARING RUMORS CIRCULATING THAT BUFFETT MAY BE SHOWING SOME INTEREST IN CO- reminder: there have been periodic rumors over the last six months that Buffett was considering buying a stake in BSC
[15:19] {curtisweese} out +.10
[15:20] {dino} out wlp .05, +.20
[15:20] {Threei} I can just see group of people sitrting head to head bent over a deck, cnain-smking nervously, drinking coffee by gallons and coming up with new rumors to support the market
[15:21] {dino} why bother buffet, divide it up among the remaining
[15:21] {lumdus} vad, thanks . no need for quotes for ctgi. i sold 4k and done . maybe next month sell more
[15:21] {Threei} OK :)
[15:21] {curtisweese} l aapl 126.79
[15:21] {lumdus} how bad is the BSC situation . can they close ?
[15:22] {dino} you guys w/bsc laserdave?
[15:23] {magoo} u know, this spike was so obvious..did it everyday but one..that i thought ..no way..everyone wants it
[15:23] {magoo} sigh
[15:23] {Threei} no dino
[15:23] {Threei} nothing to do with them
[15:24] {magoo} dino thinx bear cap is subdiv of bear stearns
[15:24] {dino} wbmd
[15:24] {Threei} who knows lum... their situation is obviously bad, but fed obviously think it cannot be allowed to fail
[15:25] {dino} don't think, just asking
[15:25] {lumdus} vad, i worked for them one time and they sacked me .. so ha ha ha
[15:25] {Threei} lol
[15:25] {magoo} jesus..rimm 103 vad?
[15:26] {magoo} u flippin it behind magoo's back?
[15:26] {Threei} no... I am very inactive today
[15:26] {magoo} cause i am behind yours lol
[15:27] {Threei} enjoy :)
[15:28] {curtisweese} out aapl +.15
[15:29] {magoo} vad, this last hour is like the contra of the contra..so obvious..no way..but no way obvious..so obvious happens
[15:29] {Threei} lol
[15:29] {magoo} and that acxtually makes sence
[15:30] {Threei} not really
[15:30] {Threei} but then again
[15:31] {Threei} I am famous for not making sense
[15:31] {Threei} so I would be a last person to berate you for it
[15:31] {ThurstonHowellTheThird} see you all monday; everyone have a good weekend
[15:31] {Threei} take care thtt, have a great one
[15:32] {magoo} cruise this weekend THTT?
[15:32] {dino} tht3 take care
[15:34] {dino} bsc 30
[15:36] {curtisweese} l aapl 126.22
[15:45] {dino} most likely done, thanks for a good week, some great ideas
[15:45] {Threei} have a good weekend dino
[15:45] {dino} ty
[15:45] {dino} u2
[15:47] {magoo} TY vad, i had best week in awhile
[15:47] {Threei} very rewarding to hear
[15:47] {Threei} especially at times when almost everyone hurts
[15:47] {lumdus} magoo, well i had my best week ever and today was my best day ever. i am on a high. hopefully i calm down by monday or i don't show up.
[15:48] {magoo} made daily today too
[15:48] {lumdus} interesting magoo. . i wonder what it's about our trading .
[15:48] {magoo} always gotta top me Lum he he {kidding..nice job}
[15:49] {Threei} we know what we are doing? :)
[15:50] {lumdus} i guess so. man, i am staring at my account i can't believe it. better shutdown before the wife sees it and spends it all.
[15:50] {Threei} rofl
[15:50] {lumdus} have a great weekend all. See you maybe Monday. (if i calm down)
[15:50] {Threei} take care, have a good one
[15:52] {magoo} good nite all..just gave dino a beer
[15:52] {Threei} thank you all
[15:52] {Threei} have a great relaxing weekend
[15:53] {Threei} see you all on Monday

Mar 13 2008

Session Time: Thu Mar 13 00:00:00 2008

[08:30] {Threei} INITIAL JOBLESS CLAIMS: 353K V 357KE; CONTINUING CLAIMS: M V 2.835ME
- Prior Initial Jobless Claims revised from 351K to 353K
[08:31] {Threei} *FEB ADVANCE RETAIL SALES: -0.6% V 0.2%E; LESS AUTOS: -0.2% V 0.2%E
- Prior Advanced Retails Sales revised from 0.3% to 0.4%
[08:31] {Threei} - Prior less autos revised from 0.3% to 0.5%
[08:42] {cosmo} JASO
[08:47] {dino} gm all. question, anyone here ever deal w/natural gas leases?
[08:48] {Threei} hi dino
[08:48] {dino} 3i :)
[08:49] {cosmo} natural gas releases?
[08:49] {Raven} 3 rofl
[08:50] {Raven} 3 gm cosmoski :)
[08:50] {cosmo} environmental scientist here
[08:50] {Raven} 3 sigh
[08:50] {cosmo} R:)
[08:50] {cosmo} well.... used to be anyway
[08:51] {dino} lol cos
[08:51] {dino} bunch of companies in area trying to buy rights to natural gas thru leases
[08:52] {Raven} 3 what kind of companies ?
[08:52] {magoo} morning
[08:52] {dino} chesepeak for one
[08:53] {Raven} 3 what is the question dino ?
[08:53] {dino} anybody ever sign one?
[08:54] {Raven} 3 they want to lease rights on land that you own ?
[08:54] {dino} gas rights, yes
[08:54] {Raven} 3 I owned limited partnership interests in a few Mich oil wells ,,,
[08:54] {Threei} magoo :)
[08:55] {cosmo} dino ...you have gas?
[08:55] {dptl} good morning all
[08:55] {Threei} dp :)
[08:55] {dino} always
[08:55] {Raven} 3 lots of gas leases in Mich too ... thelandowners do OK ... except the end up with stinky gas wells on their property
[08:56] {dino} ok thanks.
[08:56] {Raven} 3 and pipes and roads and debris
[08:57] {Raven} 3 and rigs and trucks and people
[08:57] {dino} of course
[08:57] {Raven} 3 great for the environment
[08:57] {cosmo} actually... it is...
[08:58] {Raven} 3 I'll bite ... how so ?
[08:58] {dino} well, imo better than importing
[08:58] {cosmo} gods creatures, doing gods work...
[08:59] {Raven} 3 rofl ... I love it
[08:59] {cosmo} thaking pressure off inside of the earth...
[08:59] {cosmo} taking
[08:59] {Raven} 3 right
[08:59] {Raven} 3 :)
[08:59] {cosmo} somebody's got to do it
[09:00] {Raven} 3 yur killin' me ...
[09:00] {Raven} 3 I need some tea ... brb
[09:00] {cosmo} see why i had to retire early?
[09:00] {dino} the seriousness of this room, lol
[09:00] {Raven} 3 CLEARLY !
[09:03] {magoo} R
[09:03] {magoo} A
[09:03] {cosmo} SIGM pre mkt high = 22.35 fwiw
[09:03] {magoo} V
[09:03] {magoo} E
[09:03] {magoo} N
[09:03] {cosmo} ...oops....sorry
[09:04] {cosmo} try it again mags
[09:05] {Raven} 3 back ... LOL
[09:06] {magoo} N
[09:06] {Threei} rule: before hitting enter, look carefully lest you break magoo's chant
[09:06] {magoo} E
[09:07] {magoo} V
[09:07] {magoo} A
[09:07] {magoo} R
[09:07] {magoo} dammit : )
[09:07] {Threei} rofl
[09:07] {Raven} 3 poor MAGOO
[09:07] {cosmo} gee
[09:07] {dptl} lol
[09:18] {bruce} market meltdown continues - so much for fed saving day
[09:18] {esemde} morning
[09:18] {GeoArb} good morning
[09:19] {bruce} hi ese geo
[09:19] {Threei} bruce, ese, geo :)
[09:20] {Threei} they can maufacture all they want bruce... as we stated many times, this is BEAR and it be hungry. No one can fight the market, even fed
[09:20] {bruce} yep
[09:20] {bruce} looking like a nasty bear
[09:20] {bruce} about time though really
[09:21] {bruce} well dino - looking good - negotiate those leases OK and you can retire
[09:21] {esemde} Who is N E V A R?
[09:21] {bruce} just don't build your retirement home on them
[09:21] {esemde} ahhhhh raven backwards
[09:21] {esemde} clever clever
[09:22] {Threei} couple general words guys
[09:23] {Threei} I view this market as an incredible learning opportunity for everyone involved,
[09:23] {Threei} make no mistake, this is crisis of historic proportions
[09:23] {bruce} thats 12 words vad
[09:23] {bruce} 10 too many for me
[09:23] {Threei} and market behavior refllects it
[09:24] {Threei} When you go through the conditions as we have now
[09:24] {Threei} and come out ahead or at least unharmed
[09:24] {Threei} your experience is going to be invaluable
[09:24] {Threei} and when "normal
[09:24] {Threei} conditions return
[09:24] {Threei} you are going to be much more prepared to benefit.
[09:25] {Threei} Street hurts badly,
[09:25] {Threei} not many are able to handle such trading well,
[09:25] {cosmo} babies, bathwater ...everywhere...
[09:25] {esemde} tks
[09:25] {Threei} it takes a lot of skill, understanding, corectly tuned psyche to be comfortable in these waters
[09:26] {ThurstonHowellTheThird} gm all
[09:26] {esemde} v
[09:26] {Threei} thtt :)
[09:26] {ThurstonHowellTheThird} gm all
[09:26] {bruce} hey thtt
[09:26] {esemde} should be tks Vad
[09:26] {Threei} I amgoing to write an extensive blog post about this
[09:26] {bruce} maryann got picked up on dope charges
[09:26] {Threei} will let you know when it's up
[09:26] {bruce} probably gilligans influence
[09:26] {Raven} 3 maryann is a dope ?
[09:27] {bruce} thanx vad
[09:27] {ThurstonHowellTheThird} yes she's been led astray by gilligan
[09:27] {dino} she was pretty hot in her day
[09:27] {bruce} sheswhat 69 and still smoking weed?
[09:27] {bruce} lol
[09:27] {bruce} agreed dino - I liked her
[09:28] {dino} girl next door thing
[09:28] {bruce} yeah
[09:28] {cosmo} poor maryann
[09:28] {dino} ok, end of days again, saddle up
[09:28] {bruce} did I ever tell you about my girl next door?
[09:29] {dino} nope
[09:30] {bruce} story for another day
[09:30] {bruce} in short - she was hot too
[09:31] {bruce} vad - we don't want these uncertain markets to discourage you from posting 1 buck winning trades
[09:31] {Threei} no way
[09:31] {Threei} just keep your stops and everything will be fine
[09:32] {Threei} look at our trades over last week or two
[09:32] {bruce} aapl short?
[09:32] {Threei} we had average stop size what, about 15 cents?
[09:32] {dino} sell the rips huh guys
[09:32] {magoo} like my compliment to u yesterday vad..agree
[09:32] {Threei} with wins ranging from 10 cents to 50 and more, and wins outnumbering losses
[09:33] {Threei} that's our way to stay solvent, liquid and ahead of the game
[09:33] {Threei} not yet bruce,let opening volaitity subside a little
[09:34] {bruce} k
[09:34] {Threei} it will bounce like crazy any second now
[09:34] {magoo} are looking to play bounce long? or short bounce?
[09:34] {Threei} how about that?
[09:35] {Threei} neither, waiting for charts to start making sense
[09:36] {Roman} 21 EFUT on radar, had earnings
[09:36] {Threei} let me reapeat: how about that? re: AAPL
[09:37] {magoo} sahould have p[layed it
[09:38] {Threei} and risk getting caught in such violent move on a wrong side?
[09:38] {Threei} there is no way to keep reasonable stop when it moves like this
[09:38] {dino} slap him vad
[09:38] {magoo} no..but u had the read..
[09:38] {Threei} risk control comes firsat, profit considerations second
[09:39] {Threei} well... I wouldn't call "any swecond now" a reliable or very precise read :)
[09:39] {dino} watching aet, wlp
[09:39] {dino} fstr
[09:41] {bruce} wlp looks long
[09:41] {Threei} AAPL .50 break long if holding above .30
[09:41] {bruce} too layr
[09:42] {Threei} no entry on the way back if missed it
[09:42] {dino} y, but mkt drops sti;;l
[09:42] {Threei} let it drop closer to 124 or under
[09:43] {dino} -300 day patience
[09:43] {bruce} how come no enty on way back down in that case vad ?
[09:44] {Threei} that was pure "break for scalp", not a trade for a stronnger trend that would warrant pullback entry
[09:45] {bruce} k
[09:45] {Threei} I amnot sure why you deemed it "too late" bruce... it was .54 - .55 for a few after alert
[09:45] {Threei} quite buyable
[09:46] {bruce} was referring to wlp vad
[09:46] {Threei} oh, sorry
[09:46] {bruce} jumped right after I noted it looked long
[09:46] {Threei} I didn't comment on exit at the time thinkingeveryone missed entry
[09:47] {Threei} short idea AAPL now
[09:47] {Threei} 124 closest resistance
[09:48] {bruce} we waiting for trigger or just short close to 124?
[09:48] {Threei} in
[09:48] {dino} wlp l .35, stop .09
[09:48] {Threei} no trigger
[09:49] {Threei} stop .15
[09:51] {Threei} stopped
[09:52] {dino} out wlp .59, +.24
[09:52] {curtisweese} this market is crazy...i think we going ot end up today... :)
[09:53] {Threei} RIMM .50 break long
[09:53] {Threei} if stays above .30
[09:55] {Threei} holding uncharacteristically well while NQ dropping
[09:55] {bruce} hit .28 - still valid?
[09:55] {Threei} yeah, coluple cents is not really invalidation for volatile stocks
[09:55] {bruce} k
[09:56] {magoo} in rimm agg
[09:58] {curtisweese} did rimm break .50?
[09:58] {Threei} no
[09:58] {GeoArb} nope
[09:59] {Chaeron} GM all... just in time to join magoo in a RIMM trade :)
[09:59] {Threei} becomes bounce play now, too far from resistance for break to be valid
[09:59] {Threei} chaeron :)
[09:59] {dino} fwlt
[09:59] {GeoArb} business inventory in one min
[10:00] {Threei} as if anyone doubts it will be bad
[10:00] {dino} tndm
[10:00] {Threei} JAN BUSINESS INVENTORIES: 0.8% V 0.5%E
[10:00] {dino} bsc wants 50.80ish 50 strile
[10:00] {dino} strike
[10:00] {dino} imo, watch 5 and 0
[10:01] {GeoArb} rimm bounce?
[10:01] {Threei} can't find safe entry
[10:01] {Threei} not sure
[10:05] {curtisweese} newbie going RIMM long 99.01 entry ...market turning up for a bit...come on!!!!!!
[10:05] {dino} aet l .50, stop .23
[10:05] {Threei} I don't know curtis...
[10:05] {curtisweese} or not lol
[10:05] {Threei} bit jump NQ, no movement on RIMM
[10:05] {magoo} was stopped on that rimm btw..- $259
[10:05] {Threei} be careful
[10:05] {dino} stopped
[10:06] {bruce} vad - klac long on 37.07 break w .08c stop?
[10:07] {curtisweese} moved my stop to .26
[10:08] {Threei} makes sense to me bruce
[10:09] {curtisweese} moved rimm stop to .32
[10:09] {curtisweese} to .39 now
[10:10] {Threei} good discipline
[10:10] {Threei} KLAC 1:2
[10:11] {curtisweese} to .60
[10:11] {Threei} or 3
[10:11] {magoo} look at that naz
[10:12] {Threei} is this something or what
[10:12] {dino} fwlt l sm .00, wide
[10:12] {curtisweese} rimm stop to .92!
[10:14] {Threei} time to take profit KLAC if anyone is in still
[10:15] {curtisweese} out RIMM trade +$1.34!!!!!
[10:15] {bruce} missed it - didn't get filled
[10:15] {magoo} wow..u really ggot rimm down
[10:16] {bruce} nice curtis
[10:16] {curtisweese} luck...as market turned up
[10:16] {curtisweese} couldn't get my last stop placed and cost me .12 but i'm not complaining!
[10:16] {Threei} bruce... something about how you enter isn't right, missing too many of them and some are fairly easy to get
[10:17] {Threei} KLAC was there for a while for grabs
[10:17] {bruce} did .05 bid after break vad
[10:17] {Threei} again?
[10:17] {Threei} why bid?
[10:17] {dino} gj curt
[10:18] {Threei} it's a thick stock, you can get it easily at the offer
[10:18] {Chaeron} nice job curtis
[10:18] {bruce} small stop - less commisssion
[10:18] {Threei} and your stop is ridiculously small, what's a cent or two
[10:18] {dino} fwlt stopped .25, +.25
[10:18] {bruce} ridiculously small is good for me
[10:19] {curtisweese} newbie shorting rimm at 100.36 for scalp (i hope)
[10:19] {Threei} I am sure if you do statistics you will find out that missed opportunities cost you much more than you save on that kind of entry
[10:20] {Threei} fantastic trade curtis, wtg
[10:20] {curtisweese} out RIMM short +.14
[10:20] {curtisweese} moves to fast for me to do half at a time and whatnot
[10:20] {magoo} rimm held that pullbk well
[10:21] {GeoArb} lets ban curtis from using the word newbie !!
[10:21] {curtisweese} sheesh, i could have had another .18 on it that short...so far
[10:21] {GeoArb} :)
[10:21] {bruce} hway long on .20 break w 5c stop
[10:21] {curtisweese} follow me at your own risk.....i get soaked bad a lot.....i just have bigger swings
[10:22] {magoo} sh rimm here
[10:22] {magoo} 100.04
[10:23] {curtisweese} magoo nice timing
[10:23] {curtisweese} i'm in on that too!
[10:24] {curtisweese} out on rimm short
[10:24] {magoo} cioover here.71
[10:24] {curtisweese} +$.29
[10:24] {magoo} + uh...
[10:25] {magoo} .33
[10:25] {magoo} back too even....sigh
[10:25] {magoo} or good i guess
[10:26] {curtisweese} l RIMM now 99.56
[10:26] {dino} flat or up magoo
[10:26] {bruce} l pcp .81 stop .70
[10:27] {magoo} l rimm too
[10:28] {curtisweese} out rimm
[10:28] {curtisweese} -$.10
[10:29] {curtisweese} could have scalped, but got nervous
[10:29] {bruce} out pcp + .18
[10:29] {curtisweese} magoo, you are looking good though!
[10:30] {dino} stay off that stuff
[10:30] {curtisweese} tight stops....doh
[10:33] {curtisweese} rimm looking like it might not hold....market not helping
[10:33] {curtisweese} market is confused
[10:34] {dino} grmn l .50 stop lod sm
[10:35] {Threei} I am too curtis
[10:35] {curtisweese} missed my entry....darn
[10:36] {curtisweese} no fill
[10:36] {curtisweese} darn that would have been a sweet short
[10:37] {curtisweese} s RIMM 98.92 risky!!!
[10:38] {Threei} wow
[10:38] {Threei} that's too chasey
[10:38] {curtisweese} risk reward for me on this one.......if it drops past, it will drop huge...finger on trigger to get out
[10:39] {dino} grmn stopped
[10:39] {bruce} 99 id major break vad - but rimm seems toretrace thsoe breaks by a good amount befroe f9ollowing through of late
[10:40] {esemde} Vad ...just thought I would let you know....i'm being interviewed on CFAX 1070 this morning
[10:40] {esemde} just after the 10:00am news
[10:40] {bruce} working fine curtis - too risky for me
[10:40] {Threei} ty ese, will try to tune in :)
[10:40] {curtisweese} out RIMM short +$.34
[10:40] {Chaeron} ese - available on internet? :)
[10:41] {Threei} it used to be...
[10:41] {esemde} good question.....don't know
[10:41] {GeoArb} what topic?
[10:41] {esemde} my historic school Vic high ....and my music program
[10:41] {curtisweese} jeez, MSFT killed me last night...NOT going to be holding overnight anymoree
[10:42] {Threei} http://www.cfax1070.com/
[10:42] {Chaeron} famous last words curtis... lol
[10:42] {esemde} Vic high is the oldest school west of Thunder Bayt Ont and north of San Francisco
[10:42] {curtisweese} gonna buy rimm long again
[10:42] {curtisweese} just not sure when...lol
[10:42] {bruce} rimm still looks short to me curtis - but wouldn't be surprised if it goes all the way to 99.50 before it drops again
[10:42] {Chaeron} 10am which time zone ese?
[10:42] {curtisweese} l RIMM 98.95
[10:42] {dino} fwlt l .40
[10:45] {curtisweese} out on RIMM -$.09
[10:47] {bruce} pcp long .95stop .80
[10:48] {dino} risky, l tndm .99, sm
[10:48] {Threei} feels like another market drop is coming
[10:48] {magoo} wow..i felt up
[10:49] {bruce} out pcp +.15 quick one ot 1
[10:49] {curtisweese} s RIMM next pop...around .75?
[10:49] {Threei} with stop above 99
[10:50] {curtisweese} in at .76
[10:50] {Chaeron} joined you at .77
[10:51] {curtisweese} get ready to bail if it goes up!!! :)
[10:51] {curtisweese} market looks up....darn....grrrrrrrr
[10:51] {curtisweese} i'm out on rimm short
[10:52] {curtisweese} -.13 on it
[10:52] {curtisweese} die RIMM not that i'm out
[10:52] {curtisweese} yay!!!
[10:54] {Threei} good boy RIMM
[10:54] {Chaeron} out +.11
[10:54] {curtisweese} okay back in ......98.60 though
[10:54] {Threei} wow
[10:54] {Threei} curtis, this is very impulsive trading
[10:54] {GeoArb} y
[10:54] {Chaeron} got scared with market
[10:55] {Threei} you take stop before stop is hit... reenter at less favorable prices...
[10:55] {curtisweese} i just wanted to trade with everyone :(
[10:56] {curtisweese} i got out alrady again too :(
[10:56] {curtisweese} need to get my head on straight again.....time out time!
[10:57] {Threei} really
[10:57] {curtisweese} i need to be slapped!
[10:58] {Threei} pure emotional trading on these two last ones
[10:58] * ThurstonHowellTheThird slaps curtisweese around a bit with a large trout
[10:58] {curtisweese} thanks! die RIMM die
[10:58] {ThurstonHowellTheThird} sorry, I thiught you wanted a slap
[10:58] {bruce} rimms forming a range now curits - we've got tikmme - can now just wait to see what it does and trade when it tells us what it wants to do
[10:59] {curtisweese} bruce, that makes sense....why force it like Vad said
[11:00] {bruce} see the raqnge? -98.50 to 99.20 - naything betw\een that is chop
[11:00] {Chaeron} forgot tho thank you curtis and Vad for the RIMM scalp
[11:01] {curtisweese} yeah....1 min 2 hour chart is showing it well
[11:02] {bruce} possible long on nvda if breaks .65
[11:02] {bruce} any read on it vad?
[11:02] {Threei} chart wise yes... but I am having hard time seeing anything as long trend contin uation today :)
[11:02] {bruce} k - thanx
[11:03] {Threei} RIMM .60 break short
[11:03] {Threei} .85 stop
[11:03] {Chaeron} shoot..... too fast
[11:03] {Chaeron} damn nice alert tho Threei
[11:03] {Threei} 1:1 in a hurry
[11:05] {dino} fwlt stopped .54, +.14
[11:05] {Threei} S&P REPORT SAYS SUBPRIME WRITE-DOWNS COULD REACH $285B - WIRE HEADLINE- Expects ti see more witedowns in comng weeks and months, end of writedowns are now in sight for major instituitons
[11:06] {curtisweese} l RIMM 99 BREAK
[11:06] {dino} s&p really on the ball, sheesh
[11:06] {GeoArb} wo what just happenned
[11:06] {bruce} theres rimmsky for you - breaks range then pivots w/out givning much -nice play on it vad
[11:06] {Threei} look above Geo
[11:08] {curtisweese} out RIMM +$.23
[11:08] {Threei} long RIMM on cross back over 99
[11:08] {dino} wlp l .25
[11:08] {Threei} .79 stop
[11:08] {Threei} 1;1
[11:09] {Threei} none of these plays are reenter on the way back unless I specifically indicate this guys
[11:10] {bruce} k vad - thanx
[11:10] {Threei} out RIMM in full +.48
[11:11] {Chaeron} thanks Vad... +.48 as well... in @ .01, out @ .49
[11:11] {magoo} me too
[11:11] {Threei} good reflexes guys
[11:12] {GeoArb} i only got a 20 cent slice
[11:12] {Threei} dumped it a bit too soon but heck
[11:12] {GeoArb} but gratefull as a newbie
[11:12] {Chaeron} moving on to the rest of the physical.....
[11:12] {GeoArb} need to learn laser
[11:12] {Threei} they reverse faster than you can say mama
[11:12] {magoo} i was wiuith u..but could not post..fingers on trigg
[11:12] {magoo} yes..so fast
[11:12] {Threei} sorry... faster than you can say cnic
[11:12] {magoo} NICE vad..in black now TY TY
[11:13] {Threei} welcome sir
[11:13] {Threei} anyone got the joke?
[11:13] {Threei} or is my humor, as usual, not even making anyone desire to understand it
[11:14] {bruce} cnbc?
[11:14] {Chaeron} old schitzo wild trading stock
[11:14] {bruce} oh
[11:14] {Threei} CNIC... new symbol of a stock formerly known as MAMA...
[11:14] {bruce} k - got you
[11:14] {Threei} sigh... Seinfield obviously can sleep well
[11:14] {Threei} me no threat
[11:14] {Chaeron} who? :)
[11:14] {Chaeron} RIMM continuing
[11:14] {dino} fwlt l .75
[11:15] {Threei} thank you chaeron... kind soul :)
[11:15] {magoo} RIMM seems stronger than mkt today vad
[11:15] {Threei} you know, it changes
[11:15] {Chaeron} yeah mags... noticing that too
[11:15] {Threei} on some moves it's stronger, on some shows more wakness
[11:15] {magoo} yeah, sometimes weaker
[11:15] {Threei} look 11:05 bar
[11:15] {Threei} or so
[11:16] {Threei} new low on RIMM while nasdaq was nowhere even close
[11:17] {Threei} also, 11:11 - 12, NQ hits high of the day, RIMM is well under
[11:17] {Threei} not sure there is clean correlation today
[11:18] {Threei} playable following overall but withhigh degree of discretion
[11:18] {Threei} not by standard recipe
[11:18] {curtisweese} we going to buy in on RIMM at 100 though right? lol
[11:18] {magoo} yeah..your right {again}
[11:19] {Threei} curtis... I am scared to answer that 'cause in your case it could mean that you will buy 100.50 :)
[11:19] {curtisweese} hhahahahahaha
[11:20] {bruce} in his case - if he does - it'll go to 102 for him vad
[11:20] {curtisweese} i have a dr appt this morning, so i will be leaving soon and have to call in blind trades to my broker
[11:20] {Threei} if you don't mind to become a center of attention for a min...
[11:20] {Threei} you have no fear
[11:20] {Threei} and this is two-sided sword
[11:20] {Threei} on one side, you enter easily, grab opportunities when see them,
[11:20] {Threei} this is very good thing,
[11:21] {Threei} too may suffer from beiing trigger-shy
[11:21] {Threei} many
[11:21] {Threei} On another side, it can cause a lot of harm unless you get couple principles ingrained
[11:22] {curtisweese} in on RIMM 99.72 (i'm still listening)
[11:22] {Threei} but of course
[11:22] {GeoArb} lol
[11:22] {Threei} :)
[11:22] {Threei} Do no chase too far beyond the trigger
[11:22] {dino} tndm stop to .33
[11:22] {dino} out slip, +.25
[11:22] {dino} .26
[11:22] {curtisweese} def goood advice...i screwed that up big time
[11:22] {Threei} Do not buy so far from where chart says stop should be that you may be forced to exit prematurely or to take too wide stop
[11:23] {Threei} Do not trade for trading sake
[11:23] {dino} out fwlt .35, +.60
[11:23] {Threei} this is not a team sp;ort where participation is value
[11:23] {bruce} dino - wlp looks like long to me on break of .50
[11:23] {curtisweese} move stop to 100.21 on RIMM
[11:23] {curtisweese} rimm is gonna run huge if breaks this resistance
[11:24] {dino} in wlp from .25
[11:24] {bruce} oh-lol- figures
[11:24] {curtisweese} moved RIMM stop to .35
[11:24] {Threei} this time there is no news even to jumpstart such spike
[11:25] {Threei} just when you think, this is it, market finally defined direction, let's short everthing
[11:25] {bruce} l wlp .50
[11:25] {bruce} stop .35
[11:26] {curtisweese} Out on RIMM +$. 95!!!!!
[11:26] {curtisweese} sorry v
[11:26] {Threei} lol
[11:27] {curtisweese} sorry Vad, you are right of course...i would be doing so much better if i just tighten up my discipline a bit......i have another job, so i fogrec trades a lot
[11:27] {Threei} you should be... shameles extraction of the money from poor badly confused investors
[11:27] {GeoArb} i would rather be lucky than skiled
[11:27] {GeoArb} skilled
[11:27] {Threei} if that's not a reason to be ashamed
[11:27] {bruce} stopped wlp
[11:28] {magoo} vad, he riminds me of someone....curtis does............
[11:28] {magoo} let me see.hmmmmmmm....oh yeah......ME
[11:29] {magoo} but i since calmed down big time
[11:29] {Threei} yeah, you used to be this way
[11:29] {Chaeron} sounding philisophical: "there's a little bit of curtis in all of us"...... :P
[11:29] {Threei} rofl
[11:29] {magoo} roflol chaer
[11:29] {curtisweese} hahahaha
[11:30] {GeoArb} thats an ok statement as long as I am not pregnent
[11:30] {Chaeron} lol
[11:30] {magoo} i sorry Geo, are u of the better sex
[11:30] {GeoArb} nope
[11:30] {magoo} as in femnale
[11:30] {GeoArb} just woedplay
[11:31] {GeoArb} word
[11:31] {Chaeron} nice typing mags
[11:31] {Chaeron} :)
[11:31] {magoo} hey u notivced? been trtaking lessons
[11:31] {Threei} ummm
[11:31] {Threei} ask for your money back, IMO
[11:31] {dino} just what we need another magoo
[11:32] {Threei} one is enough dino?
[11:32] {Threei} or one is too much? :)
[11:32] {cosmo} better sex?
[11:33] {dino} ????????
[11:33] {cosmo} good, better, best; never let it rest?
[11:33] {bruce} comes in a pill cosmo
[11:33] {esemde} signing off everyone.......have a great day....
[11:33] {Threei} asylum...
[11:33] {bruce} bye ese
[11:33] {curtisweese} ese, later!
[11:33] {Threei} take care ese, good luck!
[11:33] {dino} had enough es
[11:33] {dino} clmt
[11:33] {esemde} see ya boyzza
[11:33] {esemde} definately....
[11:33] {dino} out wlp .49, +.24
[11:34] {Chaeron} what timezone is his 10am
[11:34] {Chaeron} ?
[11:34] {Chaeron} Ese's that is
[11:34] {patience} west coast, same as you
[11:34] {dino} 10 pm
[11:35] {Chaeron} thanks patience
[11:35] {curtisweese} l RIMM 100.43
[11:35] {cosmo} i have 10:30
[11:35] {bruce} blud on 22 break - risky
[11:35] {cosmo} 8:30
[11:35] {cosmo} confused
[11:36] {curtisweese} stop to .59
[11:36] {curtisweese} moved stop to 101.15 on RIMM
[11:37] {curtisweese} Out RIMM +.68
[11:37] {Threei} wtg
[11:38] {magoo} that does it.............................................
[11:38] {Chaeron} nice curtis
[11:38] * magoo slaps curtisweese around a bit with a large trout
[11:38] {curtisweese} thanks everyone
[11:38] * ThurstonHowellTheThird slaps curtisweese around a bit with a large trout
[11:38] {curtisweese} :)
[11:38] {Chaeron} going for more
[11:38] {ThurstonHowellTheThird} I'm jealous :(
[11:38] {curtisweese} bears make money, bulls make money....pigs get slaughtered! ;)
[11:39] {ThurstonHowellTheThird} :)
[11:39] {magoo} curtis gonna start hius own reoom vad called "trade like a madman...and profit like one too"
[11:39] {dino} oink
[11:39] {curtisweese} but darn...you are right!! could have had another .50 so far
[11:39] {dino} sm clmt .53 l
[11:39] {dino} thin
[11:39] {Threei} I'll subscribe magoo
[11:39] {magoo} i gotta hop for 40 mins..be back
[11:40] {dino} curtisinreality.com
[11:41] {curtisweese} RIMM at pivot point again now.....but went up so much just now...i'm nervous
[11:41] {curtisweese} 5 min two day chart shows it
[11:42] {curtisweese} actually already .30 above pivot point in my eyes, so should drop now
[11:43] {curtisweese} dropping down to 101.18 or so, right?
[11:43] {Threei} if you want to short it, .50 nreakdown
[11:44] {curtisweese} i have to get ready for dr appt....might not be back today.....have fun everyone...make some cash!!!
[11:44] {Threei} stop above .70
[11:44] {Threei} take care curtis
[11:44] {Threei} great job
[11:45] {curtisweese} thanks!!!!!
[11:45] {dino} gl
[11:46] {Threei} 1:1
[11:47] {Threei} no takers?
[11:47] {bruce} out rimm short +.22
[11:47] {bruce} thanx vad
[11:47] {Threei} :)
[11:47] {Threei} welcome
[11:47] {GeoArb} 0.28
[11:47] {GeoArb} thans
[11:47] {GeoArb} thanks
[11:47] {Threei} good job guys
[11:47] {bruce} actually +.28 as well
[11:47] {bruce} just over one to one
[11:53] {Threei} 102 break long if holding above .80
[11:54] {Threei} half out +.25
[11:54] {bruce} dino - crtp looks long from here
[11:55] {Threei} stop .95
[11:56] {Threei} held by fingertips, lol
[11:56] {Threei} out
[11:57] {Threei} still feels like has more but I'll wait for more clear setup
[11:57] {bruce} was just going to ask if retrace off102 vad
[11:57] {Threei} US SENATE ENDORSES EXTENSION OF SOME OF PRES BUSH'S TAX CUTS - WIRE HEADLINE- The U.S. Senate voted 99-to-1 Thursday to make room in a five-year budget plan for $341 billion in tax cuts, enough room to extend some, but not all, of the temporary tax cuts enacted in U.S. President George W. Bush's first term.
[11:58] {Threei} closer to 101.50 I would be much more interested bruce
[11:58] {bruce} k-
[11:59] {dino} acor
[12:00] {Threei} putz
[12:00] {Threei} scalped .30 - .55 faster than could alert :(
[12:00] {curtisweese} doh.....stopped in since my dr appt is later than i thought and missed a sweet call .....waaaaaaaaa
[12:01] {Threei} I kno what will make you feel better curtis
[12:01] {Threei} do this:
[12:01] * Threei slaps Laserdave1 around a bit with a large trout
[12:01] {Threei} just ask magoo... this is great relief
[12:02] {curtisweese} i don't know how to slap
[12:02] {curtisweese} :(
[12:02] {Threei} hmmm... maybe it's a good thing... we all regretted it very much when taught magoo how to do this
[12:02] {Threei} mama mia
[12:03] * curtisweese slaps Threei around a bit with a large trout
[12:03] {curtisweese} there we go
[12:03] {Threei} did I tell you to slap me?
[12:03] {Threei} or lasredave?
[12:03] {curtisweese} oh! :O
[12:03] {Threei} some just can't follow instructions {G}
[12:04] {dptl} lol
[12:06] {dino} head fake
[12:08] {curtisweese} l AAPL 125.71
[12:11] {dino} acor
[12:12] {GeoArb} off to work... thanks vad and all
[12:12] {Threei} take care geo
[12:13] {dino} cya goe
[12:13] {curtisweese} out AAPL +$.12
[12:13] {dino} bruce acor
[12:13] {curtisweese} thought it was going to break 126 and run.....grrrrrr
[12:14] {bruce} looking at it dino
[12:14] {dino} 20.50 s?
[12:14] {bruce} big spike - no idea on short etry though
[12:15] {curtisweese} aapl dies
[12:15] {bruce} I'd like to see it go higher yet
[12:15] {dino} clmt stop to .94
[12:16] {curtisweese} l AAPL 125.39
[12:16] {dino} bruce is tough to please i see
[12:16] {dino} :)
[12:16] {Threei} lol
[12:16] {bruce} lol - sorry dino
[12:16] {bruce} just conservative
[12:16] {dino} bustin' ya
[12:17] {bruce} have feeling acor will pop to above 21
[12:17] {dino} major slip clmt out ave .83, +.30
[12:18] {curtisweese} out aapl +$.08
[12:18] {curtisweese} i mean .06
[12:19] {dino} sm s acor .12
[12:19] {bruce} nice dino
[12:19] {dino} rislky
[12:19] {dino} lucky on clmt thin
[12:19] {curtisweese} didn't like action....too early for my exit i think
[12:20] {curtisweese} or maybe perfect exit...woot
[12:20] {curtisweese} perfect exit on a bad entry i mean ;)
[12:25] {magoo} back
[12:26] {Chaeron} I waited for you this time mags..... yeah... sure I did
[12:26] {dino} acor bstop to .93
[12:26] {dino} i'm gonna steal some of his chips
[12:27] {bruce} chips _ thats on the diet dino?
[12:27] {dino} acor cov .91 ave, +.21
[12:28] {dino} no, diet after my b-day
[12:28] {curtisweese} s AAPL 102.36 ....risky!!!
[12:28] {bruce} k - bday = diet free day
[12:29] {bruce} crack the brew
[12:29] {curtisweese} out AAPL short
[12:29] {curtisweese} +$.16
[12:29] {curtisweese} too early big time...sigh
[12:30] {Threei} you sure it was AAPL?
[12:30] {curtisweese} ohhh....RIMM
[12:30] {curtisweese} lol
[12:30] {Threei} :)
[12:30] {curtisweese} hahaha
[12:30] {magoo} i see u proffited w/out magoo
[12:30] {curtisweese} i don't even know what i trade
[12:30] {Threei} sorry mags
[12:30] {dino} b-day, st. patricks' day
[12:31] {curtisweese} gotta go now for sure....see you tomorrow. happy trading
[12:31] {Threei} take care curtis
[12:31] {magoo} WAITTTTT
[12:31] * magoo slaps curtisweese around a bit with a large trout
[12:31] {bruce} take care curtis
[12:32] {curtisweese} hahah
[12:33] {Threei} WSJ REPORTS THAT CHRYSLER WILL SHUT DOWN THE ENTIRE COMPANY FOR TWO WEEKS THIS SUMMER - MEMO
- Chrysler plans to shut down the entire company for two weeks this summer as a cost saving move to "accelerate Chrysler's recovery and transformation" according to CEO.
[12:33] {Threei} - Mr. Nardelli told employees they will have to take vacation for the weeks of July 7 and July 14 "in order to create better alignment and efficiency across organizational lines and boost productivity."
[12:33] {Threei} US HOUSE FINANCIAL SERVICES CHMN FRANK: UNVEILS MORTGAGE AND HOUSING RESCUE PLAN - Plan includes expanded FHA mortgage refinancing, state aid for distressed property purchases
[12:33] {magoo} hmmmmmmmmmm
[12:34] {Threei} WMT CEO: US BUSINESS GAINING MOMENTUM - WIRE HEADLINE
[12:34] {Threei} all is well in walmart world
[12:36] {dino} airm
[12:36] {Threei} RIMM .50 break long if stays above .30
[12:37] {bruce} nile lookslong on 40 break - thin - risky
[12:38] {dino} hooker spread
[12:38] {dptl} 30c spread Bruce
[12:38] {magoo} in
[12:38] {Chaeron} in RIMM .50
[12:39] {Threei} enough of shakes RIMM... just go to that 103
[12:40] {Threei} hey... Cuba unbanned DVDs and microwaves
[12:40] {Threei} isn't it nice
[12:42] {Threei} sigh
[12:42] {Chaeron} ouch.. stopped
[12:42] {bruce} rats - stopped rimm -.26
[12:43] {Threei} hard to tell if it's a shake or market is actually done
[12:43] {magoo} back in the red
[12:43] {Threei} drop is quite sharp
[12:45] {bruce} lookingb liker possible selloff coming here vad
[12:47] {Threei} WHITE HOUSE REITERATES DESIRE FOR MORE OIL PRODUCTION
[12:47] {Chaeron} drill in alaska then
[12:48] {Threei} OPEC EXPORTS IN THE FOUR WEEKS TO MARCH 29 SEEN DOWN 100K BPD
[12:48] {bruce} ts possible short dino
[12:50] {dino} dk
[12:50] {dino} brb
[12:53] {bruce} s ts at .54 stop.64
[12:56] {bruce} stopped ts 11c
[13:01] {cosmo} http://www.dailykos.com/story/2007/2/10/11052/5441
[13:02] {cosmo} Montana may be the answer. ...?
[13:04] {Chaeron} ok... so start drilling and building refineries already... $1/gal gas
[13:05] {cosmo} envirocons say no
[13:05] {Chaeron} my question is are there more of them than those that vote otherwise?
[13:06] {cosmo} hmmm....checking
[13:07] {bruce} market pop north
[13:07] {cosmo} petroleum comes up from below faster than we can use it and the petrocons have known this for years, because of all the
[13:07] {cosmo} many long ago capped and exhausted wells they keep finding to be totally recharged...but those ballots are not counted.
[13:10] {Threei} I am getting seasick
[13:11] {cosmo} get back to shore
[13:12] {Threei} now RIMM goes to that 103 eh
[13:12] {Threei} sigh
[13:15] {dino} wlp l .25
[13:16] {cosmo} AKNS
[13:16] {cosmo} 6.18 hod
[13:16] {cosmo} needs to hold here
[13:17] {cosmo} 5.90 that is
[13:18] {dino} stopped -.25
[13:21] {Chaeron} ok RIMM - had your laugh?
[13:24] {dino} sm l bsc .50
[13:25] {Threei} if markert is going to keep this up, then little pullback and another spike from this level
[13:26] {Threei} 103 cross back long if holding above .85
[13:27] {magoo} in
[13:27] {Threei} half out .20
[13:27] {Chaeron} me too...
[13:27] {Threei} come on, make new high
[13:27] {Chaeron} mean me in... not half out
[13:28] {Threei} good, now go
[13:28] {dino} out bsc .10, +.60
[13:28] {Chaeron} 104?
[13:28] {Threei} lol, no idea
[13:29] {magoo} out here .51 TY back in black
[13:29] {Threei} I am out in full .
[13:29] {Threei} .65
[13:29] {Threei} whew
[13:29] {Threei} wtg mags
[13:29] {magoo} nice exit
[13:29] {Threei} notr really says RIMM
[13:29] {Threei} chaeron... don't oversit it
[13:29] {Threei} it's still RIMM :)
[13:30] {Chaeron} RIMM in 102.95 - out 103.72 +0.77... Mucho thanks vad
[13:30] {Threei} welcome sir
[13:31] {magoo} nice chaer
[13:32] {magoo} hey, we all are noway curtis...but we get by
[13:33] {dino} nice 270 pt range dji
[13:43] {bruce} pssible reversal here in twm dino - volatile
[13:44] {dino} ultra short fund, contra-trades w/market
[13:44] {magoo} rimm off 104 vad?
[13:45] {bruce} k
[13:46] {Threei} gotta let market digest things a bit mags
[13:47] {magoo} yeah
[13:47] {magoo} 2:30 powerup
[13:51] {dino} sm s airm .98
[13:54] {bruce} read on alyn break of25.6 vad?
[13:54] {Threei} alyn?
[13:54] {Threei} is it right symbol?
[13:54] {bruce} alny sorry
[13:55] {bruce} taking typing lessons from you
[13:55] {Threei} not really
[13:55] {bruce} k
[13:55] {magoo} RIMM sheesh
[13:57] {dino} vads' next online site, realitytyping.com
[13:58] {Threei} ourtypingsucks.com
[13:59] {magoo} dljsogjldgjo;gkopgo;j;roj
[14:05] {Threei} quck dive under 104, I'd look for long entry RIMM
[14:07] {Chaeron} did it dip?
[14:07] {Threei} not yet
[14:09] {magoo} .08 low i saw
[14:09] {Chaeron} teasing us
[14:13] {bruce} rimms pretty much done daily range on ave volume
[14:23] {Threei} here come 105
[14:23] {Chaeron} *sigh*
[14:23] {GeoArb} are we in are we in?
[14:23] {Chaeron} oh yeah..... we forgot to tell you.........
[14:24] {Threei} wow... so much excitement :)
[14:24] {Chaeron} in at 104.08 (teasing)
[14:24] * magoo slaps Chaeron around a bit with a large trout
[14:29] {magoo} 105 coming..hard to get entry
[14:30] {curtisweese} back!!
[14:30] {magoo} OY lol
[14:31] {curtisweese} l RIMM 104.57
[14:31] {curtisweese} i'm bacccccckkkkk
[14:31] {GeoArb} yup he is back :)
[14:32] {curtisweese} out RIMM +$.10
[14:35] {curtisweese} market gonna surge or fail at end of day.....hmmm
[14:35] {dino} acor s sm .24
[14:36] {curtisweese} l RIMM 104.39
[14:38] {curtisweese} out RIMM -.06
[14:39] {curtisweese} doh...too early!
[14:39] {curtisweese} or not
[14:42] {curtisweese} s RIMM 104.09
[14:42] {Threei} hmmm
[14:42] {Threei} is curtis back or wehat
[14:43] {bruce} or what
[14:43] {dino} cov airm .58, +.40
[14:43] {curtisweese} out...doh....-.16 on that one....thought it was gonna tank....grrr
[14:43] {dino} lol look at the spike down that filled my layout
[14:44] {curtisweese} boy was i wrong...lol
[14:44] {bruce} still might curtis - let it set up
[14:45] {dino} you might rabbit, you might
[14:45] {curtisweese} one more time....s RIMM 104.45
[14:46] {bruce} asml looking like short
[14:46] {dino} dk
[14:47] {dino} watching the yankees
[14:48] {curtisweese} out on rimm...-$.06 again...grrrrrr
[14:48] {dino} acor stopped .15, +.19
[14:49] {curtisweese} it is just gonna trade in this range for now evidently
[14:49] {curtisweese} okay, l RIMM if break .86
[14:49] {curtisweese} is that right Vad?
[14:50] {Threei} not sure
[14:50] {Threei} probably
[14:50] {Threei} I mean... 55/45
[14:50] {Chaeron} hmmmmm
[14:51] {Threei} ok... 56/44
[14:51] {curtisweese} in at .80....go curt go
[14:51] {curtisweese} uh oh
[14:54] {curtisweese} out RIMM ...-.02
[14:54] {curtisweese} i clicked button on acccident!!! lol
[14:55] {curtisweese} saved me money though
[14:55] {Threei} gosh
[14:55] {Threei} curtis
[14:55] {Threei} may I recommend the trading tool you need the most for at least some parts of the day
[14:55] {curtisweese} what is it?
[14:55] {Threei} duct tape, to tie your hands behind your back :)
[14:56] {curtisweese} hahahahahahah
[14:56] {Chaeron} I was going for something more subtle... like say........ a BRAIN?
[14:56] {Threei} and no hitting mouse button with your nose allowed
[14:56] {Chaeron} teasing curtis
[14:56] {curtisweese} lol
[14:56] {GeoArb} i was going for ass.... to sit on the hands
[14:56] {Chaeron} or to sit on brain.. it's all good
[14:57] {curtisweese} my entry was .80 ...let's see how it plays out
[14:57] {Threei} it's like you have the interests of your broker in heart more than your own :)
[14:57] * Chaeron ducking
[14:57] {Threei} one thing is really good though, jokes aside
[14:57] {curtisweese} upside is huge here for RIMM
[14:57] {curtisweese} there it goes
[14:57] {Threei} you don't have a problem admitting being wrong and taking stop
[14:58] {GeoArb} true....
[15:00] {curtisweese} l RIMM again....105.06....finger not resting on touchscreen mouse this time
[15:00] {dino} back in 10
[15:02] {curtisweese} out again....need it to run...- $.08 this time
[15:07] {Threei} guys, keep that reserve server address handy just in case
[15:08] {Threei} there are reports that main one is unstable
[15:09] {curtisweese} l RIMM 105.19
[15:09] {curtisweese} out RIMM +$.20
[15:11] {Threei} 106 coming or what
[15:11] {GeoArb} so why are we focusing only in RIMM again?
[15:12] {Chaeron} readability and strength comparison to market...?
[15:12] {curtisweese} cuz i'm dumb
[15:12] {Threei} just don't see anything else moving much, that's all
[15:12] {GeoArb} ok good reasons
[15:12] {Chaeron} I have to go all.. see you manana
[15:13] {Chaeron} many thanks Vad
[15:13] {Chaeron} as usual
[15:13] {GeoArb} not being a smartass... generally curious
[15:13] {Threei} take care chaeron
[15:14] {dptl} inwk?
[15:14] {Threei} half lot worth a try
[15:14] {Threei} on an actual break
[15:14] {dptl} ok
[15:17] {curtisweese} try one more short of rimm i 105.27 entry (risky risky risky)
[15:18] {curtisweese} die rimm die!!!1
[15:18] {curtisweese} out RIMM short +.10
[15:20] {curtisweese} s RIMM again 105.28
[15:22] {curtisweese} out RIMM +$.17
[15:24] {curtisweese} l RIMM 104.99
[15:25] {curtisweese} out RIMM +.$40
[15:26] {curtisweese} market gonna surge into close?
[15:26] {Threei} anyone's guess
[15:27] {curtisweese} s RIMM 105.39
[15:28] {curtisweese} out RIMM +.04
[15:28] {curtisweese} .04 makes me only $26 but it's something
[15:30] {curtisweese} l RIMM 105.47 I thnk we surging into close
[15:31] {curtisweese} out -.02
[15:33] {Threei} churning
[15:33] {Threei} vlnc
[15:33] {curtisweese} yeah...might drop looks like....sigh
[15:33] {Threei} sorry, wrong window
[15:33] {curtisweese} vlnc...that was like $2.5 a few weeks ago right?
[15:34] {curtisweese} RIMM up too much....gotta drop ....one more short .46 is my entry
[15:35] {curtisweese} out RIMM +.05
[15:36] {curtisweese} wait...on shorts do i still say + if I made money or should i say -?
[15:36] {Threei} I start missing times when small stocks move
[15:36] {Threei} getting tired of RIMM/AAPL kind
[15:36] {ThurstonHowellTheThird} agree
[15:36] {Threei} gotta go where the activity is
[15:37] {Threei} but market where COIN and VLNC move is more to my liking
[15:37] {curtisweese} coin up over 7% today
[15:40] {Threei} 106 on the deck
[15:41] {curtisweese} i'm gonna bite...(in case there was any doubt) in at .98
[15:41] {Threei} no doubt here
[15:42] {curtisweese} out -.09 on short of RIMM
[15:42] {curtisweese} tried to scalp, but fingers were too slow
[15:43] {curtisweese} if you are on top of your stop losses, is it so bad to jump in all the time on this RIMM kind of stock?
[15:44] {Threei} well... it's pretty much personal preferences...
[15:44] {Threei} but it comes to a question:
[15:44] {Threei} do tyou have a reason for youyr entry giverned by chart
[15:44] {Threei} or you grab something just because it's moving and you can't sdtand not to particpate
[15:45] {curtisweese} no...obviously for me...i know where i'm supposed..or think i do.....but then i miss out on big moves....you are right....just don't like sidelines
[15:47] {curtisweese} wow...aapl down $2 in last minutes
[15:48] {curtisweese} in on aapl for scalp 127.96
[15:48] {dptl} out +.10 inwk ty
[15:48] {Threei} gj
[15:49] {dptl} it really took its time
[15:49] {magoo} TY vad, i got off rough start..but made my daily goal of $500
[15:49] {magoo} TY boss
[15:49] {Threei} cool beans mags, wtg
[15:49] {curtisweese} out aapl +$.10
[15:50] {magoo} that RIMM call u had we all took did it
[15:50] {curtisweese} yeah RIMM saved me where MSFT killed me over night
[15:51] {curtisweese} never going to hold over night again ever ever ever
[15:53] {Threei} not in this bipolar market
[15:53] {curtisweese} knew RIMM was going to die , but chicken to short at end of day
[15:55] {curtisweese} in on aapl 127.53 entry last scalp of day
[15:55] {curtisweese} out AAPL +$.20
[15:55] {curtisweese} timed that perfect!!!
[15:56] {Threei} Ok guys
[15:56] {Threei} me exhausted
[15:56] {curtisweese} is it that time?
[15:56] {Threei} thank you all
[15:56] {curtisweese} i have a whole bunch of heart sticky things stuck on me from dr visit
[15:56] {Threei} have a good evening
[15:56] {Threei} see you all tomorrow
[15:56] {curtisweese} bye ...see you tomorrow
[15:57] {Threei} hopefully something else starts playing
[15:57] {dptl} have a good evening all
[15:57] {ThurstonHowellTheThird} gn all
[15:57] {Threei} so RIMM can play with AAPL
[15:57] {curtisweese} wow...that was cool riding that up 1.34 and .85 ....that's when this is really fun!!
[15:57] {Threei} and leave us to other devices
[16:07] {magoo} goodnight all
[16:10] {bruce} night all