Session Time: Wed Mar 19 00:00:00 2008
[08:13] {Threei} Good morning
[08:13] {Threei} Visa IPO prices start
[08:13] {Threei} not sure what time it opens for trading
[08:13] {Threei} symbol is V
[08:18] {hawkfan4} good morning Vad, all
[08:19] {Threei} hawk :)
[08:27] {maryaliceann} Good morning
[08:27] {Threei} morning mary
[08:28] {Threei} you don't mind the shoret for the nick I hope
[08:28] {Threei} short
[08:28] {maryaliceann} not at all .. was wondering if I could change it .. make it shorter?
[08:29] {Threei} sure, let me know the new one and I will register it and give you instructions how to re-login
[08:31] {maryaliceann} I like Onix
[08:31] {Threei} done, same password as before,
[08:31] {Threei} now type /login,
[08:31] {Threei} hit enter,
[08:32] {Threei} you will get a prompt for a nick and password,
[08:32] {maryaliceann} Thanks Vad
[08:32] {Threei} enter new ones
[08:33] {Threei} there you go
[08:33] {Onix} piece of cake with you on the other side!
[08:34] {Threei} I like keeping things simple... cup for tea, fork for meat, no vegetables allowed
[08:36] {Onix} But "they all" say vegetables are good for you?
[08:36] {Threei} they do... but I elect not to believe them since I hate veggies
[08:36] {Threei} except beef
[08:36] {Threei} which in my firm opinion is vegetable
[08:37] {Onix} because beef feed on vegetation .. right?
[08:38] {Threei} and you are what you eat... you got it
[08:43] {cosmo} we are star dust...
[08:43] {Threei} do we at least get to pick a star?
[08:44] {Threei} I claim Bethelheise )sp?)
[08:44] {cosmo} hmm
[08:45] {cosmo} Si?ius
[08:45] {cosmo} Sirius?
[08:45] {Threei} can be taken over by XMSR any day
[08:45] {Threei} so no
[08:47] {Threei} BSC is trying to squeeze again
[08:48] {Threei} V is priced at 44
[08:48] {Threei} bid 75 at the moment
[08:48] {cosmo} FMCN
[08:49] {cosmo} ...beats est
[08:50] {cosmo} 42 test
[08:55] {cosmo} ADBE beats est....
[08:55] {cosmo} 34 test
[08:56] {Threei} spiked after hours yesterday, hit 35 briefly if I remember correct
[08:56] {cosmo} 35.73 spike last nite
[08:57] {Threei} ADDED TO "BEST IDEAS LIST" AT CANACCORD ADAMS; MAINTAINS BUY RATING, PRICE TARGET $53
[08:57] {Threei} PRICE TARGET LOWERED TO $43 FROM $50 AT RBC CAPITAL; MAINTAINS OUTPERFORM RATING
[08:57] {Threei} make your pick {G}
[08:58] {cosmo} 43 for a scalp
[08:58] {Threei} some scalp...
[08:58] {cosmo} big hair
[08:58] {Threei} lol
[09:00] {Threei} MS CFO: LIQUIDITY ROSE TO $71B FROM $62B, ADJUSTED LEVERAGE RATIO FELL TO 16 FROM 17.6
[09:00] {Threei} all is well in Morgan Stanley world
[09:01] {cosmo} hmm...maybe they're next...
[09:01] {dino} gm all
[09:02] {Threei} TREASURY'S PAULSON: ENCOURAGED BY MORE FANNIE AND FREDDIE MORTGAGE FUNDS
[09:02] {Threei} dino :)
[09:06] {magoo} morning
[09:06] {Threei} magoo :)
[09:09] {dptl} good morning all
[09:10] {Threei} dp :)
[09:11] {magoo} wwhat u stalkin vad?
[09:12] {Threei} bacon with eggs
[09:12] {magoo} ketchup??
[09:12] {Threei} (both are begetables in my mind)
[09:13] {Threei} keeping an eye on ADBE, BSC, half eye on V
[09:13] {GeoArb} gm all
[09:14] {Threei} Geo :)
[09:16] {magoo} just wondering if i get V
[09:16] {Threei} try
[09:16] {magoo} i have bid 0.01 ask 1000, u same vad?
[09:16] {Threei} 75 x 75.50
[09:16] {magoo} what exchange is IPO?
[09:17] {Threei} NYSE I think
[09:17] {magoo} why would i get bsc but not V?
[09:17] {magoo} i need to talk to laser i guess
[09:17] {Threei} you are full of mysteries mags...
[09:18] {tomg} i don't get V either, magoo
[09:19] {magoo} any real thoughts why i get say leh or bsc but not v vad?
[09:19] {Threei} you are not seeing ARCA?
[09:19] {Threei} maybe you have ARCA book turned off
[09:19] {Threei} since those days when it was broken
[09:20] {Threei} try to turn it back on, you should get those bids/offers
[09:20] {magoo} showing arca
[09:20] {tomg} now i'm getting it
[09:21] * Threei is now known as Chip and Dale
[09:22] {magoo} funny, but i hid arb, then un hid it and worked..THANX
[09:22] {tomg} good morning
[09:22] {Threei} tom :)
[09:23] {Threei} sometimes you just need to open the hood and close it again for the engine to start, mags
[09:23] {magoo} vad, look TMA..wild action
[09:23] {Threei} (that's my recipe for fixing cars, FWIW)
[09:24] {Threei} TMA long piece of news
[09:24] {Threei} starts with ANNOUNCES 1YEAR REVERSE REPURCHASE OVERRIDE AGREEMENT AND PROPOSED $1B PUBLIC OFFERING OF CONVERTIBLE NOTES
- Suspends dividend during term of agreement
[09:25] {magoo} just fell from 4 to 2
[09:26] {ThurstonHowellTheThird} gm all
[09:27] {Threei} thtt :)
[09:27] {magoo} mr howell:)
[09:27] {Threei} COIN daily looks like major breakdown losing 10
[09:28] {Threei} BSC makes some wild swings, no technical triggers, momo play if you can get a feel for it
[09:29] {magoo} coin not avail vad sh
[09:29] {Threei} too bad
[09:30] {bruce} ilmn long break prospect - volatile
[09:31] {bruce} geesh - one buck pop
[09:31] {bruce} forget it - spread outrageous
[09:31] {Threei} 7 break long BSC half lot if holding above 6.80
[09:32] {magoo} how about as a bouncer?
[09:32] {Threei} invalidated
[09:33] {Threei} yes but no way to get a rid for now
[09:33] {Threei} ADBE, watch pullback closer to 34 for long
[09:33] {magoo} TMA bounced
[09:34] {bruce} emkr on 7.30break vad?
[09:34] {Threei} nah
[09:35] {bruce} fading - forget int
[09:35] {Threei} ADBE, first strength from here
[09:35] {bruce} \amzn long?
[09:36] {Threei} not sure
[09:36] {Threei} 34.01 long ADBE
[09:36] {magoo} .97 here
[09:37] {Threei} srtop .89
[09:37] {curtisweese} l aapl 132.59
[09:38] {lumdus} morning all
[09:38] {curtisweese} nev mind...dropping bfore i executed
[09:38] {Threei} lum :)
[09:39] {bruce} stopped adbe
[09:39] {curtisweese} l aapl 132.59 now
[09:39] {Threei} yup
[09:40] {bruce} still possible long - we need new setup
[09:40] {magoo} yep
[09:40] {curtisweese} out aapl made . 34
[09:40] {Threei} too jumpy
[09:40] {Threei} no indication for entry
[09:41] {curtisweese} omg i got out way too early .....sigh
[09:41] {curtisweese} s aapl 133.50
[09:41] {magoo} adbe have news vad?
[09:42] {Threei} nothing fresh
[09:42] {cosmo} BWLD fly'n
[09:42] {curtisweese} out aapl short made .25
[09:43] {curtisweese} l aapl 133.50
[09:44] {curtisweese} out aapl made .36
[09:44] {curtisweese} jeez i'm on fire with aapl
[09:44] {Chaeron} good morning everybody
[09:44] {Threei} chaeron :)
[09:44] {magoo} any rumors surrounding V IPO as in should be great or wha?}
[09:44] {Threei} any?
[09:44] {Threei} this is the biggest IPO in US history
[09:45] {Threei} there are all kinds of speculations around it
[09:45] {magoo} go 100 points like BIDU?
[09:45] {magoo} my best trade ever in room here, remember? i made 12k
[09:45] {curtisweese} do you guys leave when you make your daily allotment really early?
[09:45] {curtisweese} wow!! magoo! 12k....drool!!
[09:46] {magoo} first thing is...fish feast
[09:46] * magoo slaps curtisweese around a bit with a large trout
[09:46] {Chaeron} curtis... no we hang around and harrass Threei
[09:46] {lumdus} which stock magoo ?
[09:46] {Threei} AMKR .21 long if holding above .10
[09:46] {magoo} bidu IPO
[09:46] {magoo} we were hittiung it in room, vad remembers it
[09:46] {dino} no curtis, just trade smaller
[09:47] {Threei} .41 another try ADBE
[09:48] {magoo} iu like that read vad
[09:48] {Threei} if losing .20, abandoning breakouts on it, pullbacks only
[09:48] {bruce} stop about .15 adbe vad?
[09:48] {curtisweese} l aapl 133.94
[09:48] {Threei} if sets up from here yes
[09:48] {bruce} k
[09:49] {Threei} sorry, misread you bruce... stop .25
[09:49] {Threei} for scalpers
[09:49] {Threei} for day trade yes, .15
[09:49] {Chaeron} in ADBE
[09:49] {bruce} l adbe .41
[09:50] {curtisweese} out aapl made .26
[09:50] {Threei} sheesh
[09:50] {Threei} I switch to AAPL {G}
[09:50] {bruce} stopped adbe -21c
[09:50] {Chaeron} me too
[09:50] {Chaeron} stopped
[09:50] {magoo} really
[09:51] {curtisweese} i'm at almost 3x goal already....jeez...i love you aapl
[09:51] {magoo} whats your daily goal?
[09:52] {curtisweese} 500
[09:52] {curtisweese} l aapl 133.75
[09:52] {curtisweese} doh! dropped before entry
[09:53] {curtisweese} okay now in
[09:53] {Threei} NFLX
[09:53] {Threei} long .40 break half lot
[09:54] {dino} lamr s .63, stop .91
[09:54] {Threei} stop under .20
[09:55] {Threei} 1:1
[09:56] {curtisweese} lost on aapl .18 :(
[09:56] {Threei} offering NFLX .85
[09:56] {Chaeron} nice Vad
[09:56] {Threei} out in full
[09:56] {ThurstonHowellTheThird} ty +.40
[09:56] {magoo} out .92 full
[09:57] {dino} gj tht3
[09:57] {magoo} WOW nice vad
[09:57] {esemde} late to the party ...goood morning
[09:57] {Threei} ese :)
[09:57] {dino} gm es
[09:57] {Threei} wow, even that was too soon?
[09:57] {Threei} hah
[09:57] {Threei} look at ADBE
[09:57] {esemde} bstop ADBE 34 50
[09:58] {Threei} lesson learned... pullback stock, no breakouts on it
[09:58] {esemde} reading my mind Vad
[09:58] {magoo} mean muther ADBE
[09:58] {Threei} not sure about it ese
[09:58] {magoo} feels like 35 tho
[09:58] {esemde} how so?
[09:58] {Threei} it stopped us twice on breaks
[09:58] {Threei} but moves nicely off pullbacks
[09:58] {esemde} good enough for me bstop removed
[09:58] {Threei} I wouyld try to enter it on shakout
[09:59] {magoo} hard pullbks too vad..like .30 cents
[09:59] {Threei} yes, too wide to keep small stop and reenter
[09:59] {magoo} btw..NFLX easy button worthy
[09:59] {lumdus} lly break of .71 long
[10:00] {Threei} NFLX took us back to even after ADBE shakes
[10:00] {Threei} still need to make some money
[10:00] {dptl} nflx+.43 ty
[10:00] {Threei} dp :)
[10:00] {curtisweese} l aapl 133.48
[10:01] {magoo} i'm with ya boss:)
[10:01] {curtisweese} run aapl run
[10:02] {curtisweese} good long entry here too in myu opinion at 133...oh...i entered at 132.48 sorry
[10:03] {curtisweese} out aapl made .24
[10:03] {esemde} bstop HOLX 58.01
[10:04] {lumdus} l lly 50.71 stop 50.58
[10:04] {lumdus} stop 50.63 on lly
[10:05] {curtisweese} l aapl
[10:05] {curtisweese} jeez bush gets up and market tanks....grrrrr
[10:06] {lumdus} funny hah ?
[10:06] {cosmo} tanks are obsolete
[10:06] {dino} lamr stopped -.33
[10:06] {curtisweese} i'm l aapl from 133.08
[10:08] {lumdus} stop on lly 50.64
[10:08] {lumdus} i think lly about to pay off nicely
[10:09] {dino} sirt
[10:09] {magoo} vad..look NFLX here..thats why wee scalp
[10:09] {curtisweese} out on aapl...can't figure out what it's doing
[10:10] {curtisweese} -.04
[10:10] {bruce} bsc looks to ba at support vad
[10:11] {bruce} thoughts on retrace long here?
[10:11] {esemde} ADBE ....off and runnin
[10:11] {curtisweese} s aapl now
[10:12] {Threei} this time it worked on break... {shrug}
[10:12] {Threei} with stop under 6 bruce?
[10:12] {bruce} that was my thought
[10:12] {esemde} better safe than sorry
[10:13] {curtisweese} out .03 only lol
[10:13] {bruce} bsc invalid now
[10:14] {esemde} HOLX invalid for me...
[10:15] {Threei} V open
[10:16] {bruce} adsk looks long on break of .66
[10:16] {Chaeron} priced @ 44
[10:16] {magoo} not on sh list V vad lol
[10:17] {Threei} US FUEL DEALERS SEND LETTER TO PRESIDENT BUSH URGING IMMEDIATE RELEASE OF EMERGENCY HEATING OIL SUPPLIES-
[10:17] {Threei} of course not, fresh IPO
[10:18] {bruce} adsk invalid
[10:19] {bruce} eric long vad?
[10:19] {Threei} .47 trigger with .34 stop
[10:20] {Threei} a bit slow and narrow
[10:20] {dino} cpla
[10:20] {dino} thin
[10:20] {curtisweese} l aapl
[10:20] {lumdus} .47 trigger for ?
[10:20] {bruce} yes - but lots of range to retrace if it breaks with conviction
[10:21] {Threei} ERIC lum, bruce's question
[10:22] {lumdus} klac maybe also
[10:22] {esemde} long ARTC 33.56 1/2 lot
[10:23] {curtisweese} l aapl 132.78
[10:24] {dino} fwlt l .02 sm wide
[10:24] {esemde} Vad can intelliscan do moving average crossovers?
[10:24] {curtisweese} out lost .06
[10:25] {curtisweese} where is market going? :(
[10:25] {Threei} yes ese
[10:25] {esemde} kinda down ish kinda up ish......
[10:25] {curtisweese} short aapl 132.73
[10:25] {Threei} right click on the alert widnow
[10:25] {esemde} how do i get to that....I've been looking
[10:25] {Threei} Configure
[10:26] {Threei} Select Alerts
[10:26] {esemde} ok
[10:26] {Threei} scroll down to Crossed above ... moving average, there are a few of them
[10:27] {curtisweese} out aapl made .27
[10:27] {esemde} ah....let me rephrase the question......
[10:27] {esemde} i'm looking for a 13ma crossing over a 34 ma......can i configure that
[10:27] {dino} fwlt stop to .97, mrk not helping
[10:28] {esemde} Out ARTC .94
[10:28] {Threei} oh, I see what you mean
[10:28] {esemde} +..48
[10:28] {curtisweese} ese, nice!
[10:28] {dino} gj
[10:28] {Threei} not sure ese
[10:28] {esemde} sorry make that +.38
[10:28] {curtisweese} aapl performing weird....like somebody is buying at 132.50 it keeps jumping up and down strange
[10:29] {esemde} tks curtis....
[10:30] {Threei} DOE CRUDE: +133K V +2.2ME ; GASOLINE: -3.5M V +100KE ; DISTILLATES: -2.9M V -1.5ME ; UTILIZATION: % V 85.3%E
API:
[10:30] {Threei} - Crude: +2.5M
[10:30] {Threei} - Gasoline: -786K
[10:30] {Threei} - Distillate:-1.6M
[10:30] {curtisweese} s aapl 132.4
[10:30] {Threei} yikes
[10:31] {curtisweese} out aapl short made .14
[10:31] {curtisweese} darn too early again
[10:32] {curtisweese} s aapl again 131.95 i got
[10:32] {dino} fwlt stopped flat
[10:33] {magoo} wow BSC under 5
[10:33] {curtisweese} out aapl short made .15
[10:33] {ThurstonHowellTheThird} fwlt +.26 ty dino
[10:33] {Threei} RIMM held very well while NQ dropped
[10:34] {bruce} alxn starting to look like short candidate dino
[10:35] {dino} y
[10:35] {lumdus} rimm heard vad and went south
[10:35] {dino} missed
[10:35] {lumdus} l pep 71.24 stop 71.16
[10:36] {Threei} yup, it tried to stand its own but market pressure become too much
[10:36] {curtisweese} l aapl 132.02
[10:37] {curtisweese} i mean 131.02
[10:37] {lumdus} there goes pep
[10:38] {curtisweese} out made .32
[10:39] {magoo} vad..i've never come across any trader such as curtis here
[10:39] {dino} lol
[10:39] {dino} reminds me of blaster
[10:40] {esemde} My afternoon breakout play will be Holx....loning for a breakout over 58.00
[10:40] {esemde} thats "looking"
[10:40] {dino} i'm loning
[10:40] {esemde} i used too as well......
[10:41] {Threei} lol
[10:41] {esemde} use it in english phrases " he lons" she lons" they lon"
[10:41] {curtisweese} s aapl 132.49
[10:42] {lumdus} if market turns up pep will fly imvho
[10:42] {curtisweese} out lost .20
[10:44] {dino} bwld s .70
[10:44] {dino} smbl
[10:45] {esemde} what the heck does a company called buffalo wild wings do anyway?
[10:46] {esemde} been watching that one dino....
[10:46] {dino} alxn was a beauty bruce
[10:46] {cosmo} ese....its a music group, maybe
[10:47] {cosmo} checking
[10:47] {dino} wings, ribs etc
[10:47] {dino} tgif type
[10:47] {esemde} hmmm.....
[10:48] {cosmo} nasty stuff
[10:48] {dino} not to me
[10:48] {dino} had wings last two days for lunch, scorned woman sauce, mmmmm
[10:49] {bruce} great dino
[10:49] {magoo} vad, u trading without us??
[10:50] {Threei} nope
[10:50] {Threei} looking around
[10:50] {dino} wait until vad's cruise, we'll all be eating wings and drinking beer
[10:50] {magoo} u better not be.lol
[10:50] {magoo} i gonna check your analysis sheet
[10:52] {GeoArb} quick Q... how do you guys exit a position on laser?
[10:52] {GeoArb} linit or market?
[10:52] {GeoArb} also click or hotkeys?
[10:52] {Threei} limit below the inside price
[10:53] {GeoArb} ahhh
[10:53] {GeoArb} i was clicking inside
[10:53] {GeoArb} a couple below?
[10:53] {Threei} on fast stocks vcan be a bit late
[10:53] {Threei} yeah
[10:53] {Threei} some use hotkeys
[10:53] {Threei} some use mouse
[10:53] {GeoArb} i was looking if i can create a hot key.... something like sell bid smart route
[10:53] {magoo} i like to lay out ahead and let it come to my offee
[10:53] {lumdus} market still open ? LOL
[10:53] {dptl} got to leave early have a good one all
[10:53] {GeoArb} using OMS?
[10:54] {Threei} take care dp
[10:54] {Threei} OMS is for stops
[10:54] {GeoArb} bye dp
[10:54] {GeoArb} yes
[10:54] {GeoArb} thanks... ill look into hotkeys
[10:55] {curtisweese} s aapl 132.23
[11:00] {Threei} sorry, lost connection
[11:00] {GeoArb} man i was desparate
[11:00] {GeoArb} looks like i am addicted to this room :)
[11:01] {dino} y
[11:01] {Chaeron} so you go thru withdrawls atfter the close? :)
[11:01] {GeoArb} nope after first half
[11:01] {GeoArb} as i go to work :(
[11:01] {magoo} we were off\
[11:01] {lumdus} i got disconnected also
[11:02] {curtisweese} l aapl 131.63
[11:02] {curtisweese} here comes the run :)
[11:02] {bruce} sheesh
[11:03] {curtisweese} market is going up...come on market
[11:03] {bruce} vadster gave me tjhe boot
[11:03] {bruce} and I never even trouted him today
[11:03] {bruce} yet
[11:03] {dino} fwlt l .60
[11:04] * bruce slaps Threei around a bit with a large trout
[11:04] * magoo slaps Threei around a bit with a large trout
[11:04] {esemde} ese....gets slimmed in backwash......
[11:04] {dino} sm cpla l .91
[11:05] {bruce} fwlt stop .35 or so dino?
[11:05] * GeoArb slaps Threei around a bit with a large trout
[11:05] {judi} Judi and Jim signing in
[11:05] {GeoArb} just checking the tools :D
[11:06] {Threei} MF 10 break for a scalp
[11:06] {Threei} with .89 stop
[11:06] {Chaeron} in
[11:07] {magoo} in
[11:08] {Threei} no worky
[11:08] {bruce} stopped mf -15c
[11:08] {Chaeron} me out - stopped
[11:08] {magoo} out
[11:08] {lumdus} l amzn 72.52 stop 72.38
[11:10] {curtisweese} out aapl made .36
[11:10] {bruce} sheesh -I'm kiss of death vad- if I take trade they usually don't work
[11:10] {curtisweese} l aapl again 132.28
[11:13] {curtisweese} here we go
[11:13] {magoo} its when the 3 of us do {chaer, bruce, magoo}
[11:13] {lumdus} out amzn 72.78
[11:13] {Chaeron} lol
[11:14] {curtisweese} market going up aapl down? any news?
[11:15] {Threei} nothing AAPL specific
[11:15] {curtisweese} i lowering my stop....that's too weird....it is someone messing with the market! lol
[11:19] {curtisweese} out aapl lost .07
[11:21] {bruce} ebay long candiate on 28.10 break
[11:22] {lumdus} curtis, don't blame me i aint messin with the amrket
[11:22] {dino} de l .98 sm
[11:22] {curtisweese} l aapl 132.03
[11:23] {curtisweese} oh man...come on market!
[11:24] {lumdus} lot of scared folks today. we need a nice turnaround now.
[11:25] {dino} it's all lum's fault
[11:26] {curtisweese} vad ...what does aapl chart look like to you...breakdown or up?
[11:26] {curtisweese} nev mind...market pulling it up
[11:27] {Threei} AAPL is disconnected somewhat
[11:28] {curtisweese} yeah! it is weird
[11:31] {bruce} fwlt holding 54 so far dino
[11:31] {lumdus} maybe aapl good short ?
[11:31] {magoo} RIMM vad 106 magnate?
[11:32] {Threei} RIMM will do what market will... unlike AAPL which lives in its own world today
[11:32] {Threei} and yes, AAPl starts looking like short
[11:33] {Threei} .20 nearest resistance, let's see how it acts here
[11:33] {Threei} if breaks it no read
[11:34] {dino} y bruce
[11:34] {curtisweese} i'll bite... s aapl 132
[11:35] {Threei} stop above .20
[11:37] {lumdus} vad, you think jpm due for some pullback ?
[11:38] {curtisweese} die aapl die!
[11:38] {Threei} there are no signs either way on the chart lum
[11:38] {Threei} it's horribly overextended on daily
[11:38] {Threei} but it doesn't mean it's ready to drop
[11:39] {lumdus} let me give it a shot short jpm 44.81 stop 44.87
[11:39] {Threei} market can stay insane longer than reasonable man could suggest
[11:39] {lumdus} risk vs reward is worth it i think on the downside
[11:39] {Threei} withg such tight stop, why not
[11:40] {lumdus} i think maybe .50 i can cover if it works :)
[11:42] {curtisweese} out lost .18
[11:42] {lumdus} hmm, no worky jpm yet
[11:42] {bruce} stopped aapl -.20c
[11:42] {Threei} nothing is really
[11:42] {lumdus} very surprised it look too good.
[11:42] {Threei} a lot of meaningless moves
[11:42] {Threei} moast of them are noise
[11:45] {Threei} V starts looking like going to 61
[11:45] {dino} out cpla .31 +.40
[11:46] {bruce} ewz may reverse near here dino
[11:46] {Chaeron} my chart screwed up on V with LASER...
[11:46] {Threei} this is because of wierd print at 199
[11:46] {Chaeron} that must have been my buy
[11:46] {curtisweese} dino...nice
[11:48] {curtisweese} s aapl 132.02
[11:48] {dino} ewz around 77.60s
[11:48] {dino} imo
[11:48] {bruce} k - still determined to go down now for sure
[11:49] {bruce} we have higher low in fwlt now
[11:49] {curtisweese} put aapl short made .32
[11:49] {dino} i'm in it sm .60, wide
[11:49] {dino} fmcn
[11:51] {Threei} nice going AAPL
[11:51] {curtisweese} thanks!
[11:56] {bruce} k- still wtching - want to see .27 hold
[11:58] {Threei} judi, dcc please
[11:58] {dino} bwld won't move, bstop to b/e
[11:59] {curtisweese} s aapl 131.75
[12:00] {Threei} remember our old swing trade VLNC?
[12:00] {Threei} made new 52 high today
[12:00] {Threei} worth keeping an eye on
[12:01] {curtisweese} out aapl short made .20
[12:03] {curtisweese} s aapl again 131.61
[12:03] {bruce} artc starting to look like short candidate dino
[12:05] {curtisweese} out lost .03
[12:05] {Threei} LEH CFO: HAVE PICKED UP SOME BSC CLIENTS, 'RETICENT' ABOUT 'PICKING OVER THE BONES' AT BSC - INTERVIEW COMMENTS
- Says used Fed lending facilitiy last night
[12:05] {Threei} - Says firm did lose some 'jittery' clients, but expects some of those clients to come back
[12:06] {dino} i can't borrow it artc
[12:06] {curtisweese} 1 more try aapl short 131.65
[12:07] {curtisweese} out lost .08 :(
[12:07] {bruce} k
[12:10] {dino} bwld stopped +.04
[12:13] {dino} ewz l sm .75
[12:16] {curtisweese} l aapl 131.82
[12:17] {curtisweese} out aapl made .1
[12:20] {curtisweese} l aapl 131.89
[12:20] {curtisweese} out lost .1 :(
[12:22] {GeoArb} test
[12:24] {Chaeron} I hope not... I didn't study
[12:26] {curtisweese} s aapl 131.83
[12:27] {bruce} out ewz -.20c
[12:28] {curtisweese} out aapl chicken that i am made .05
[12:29] {esemde} bstop BWLD 23.76....
[12:32] {dino} fmcn run
[12:32] {curtisweese} i gotta go so L aapl 131.86 and then i'm done for sure! break 132 aapl....come on!!!!!
[12:32] {Threei} hawk, looks dcc please
[12:33] {curtisweese} out aapl made .14 okay...bye everyone happy trading
[12:33] {Threei} VLNC, 4.20 break long, NOT a day trade most likely
[12:33] {Threei} take care curtis
[12:34] {bruce} I like bhp longhere dino
[12:34] {esemde} see ya curtis
[12:36] {dino} dwsn s l .20 wide, spready
[12:36] {dino} fmcn off of .00 l, sm wide
[12:39] {dino} ewz stopped-.40
[12:41] {Threei} FNM .11 long if stays above 31
[12:42] {Threei} invalidated
[12:42] {GeoArb} not a good day today
[12:42] {GeoArb} and i took th day off hehehehehe
[12:42] {magoo} aapl bounce soon vad?
[12:43] {Threei} no read on it magoo
[12:44] {Threei} so it's all your fault geo
[12:44] {GeoArb} yup :(
[12:51] {Threei} just as we adjusted to bear market and traded nicely for a month or so, it turned into bull and threw us off :)
[12:53] {magoo} any read V vad??
[12:53] {Threei} too hectic on its first day
[12:54] {Threei} it feels like a good trading candidate when first fever dies down
[12:54] {Threei} let's give it a few days
[12:56] {magoo} any read RIMM vad}??
[12:58] {Threei} .50 break is asking to be bought
[12:58] {dino} out fmcn .05, +1.05
[12:58] {Threei} but everything is tolugh read today
[13:00] {bruce} out bhp - only +08 but at least a win
[13:00] {bruce} wow - congrats dino
[13:01] {magoo} are markets open easter monday anyone?
[13:01] {dino} ty lucky
[13:01] {dino} y
[13:01] {bruce} coulda used a treade like that
[13:03] {dino} lets find one then
[13:03] {dino} big pull back fmcn
[13:03] {bruce} looking
[13:04] {bruce} yes - watching it - still has room to go long
[13:05] {bruce} de starting to look long to me here dino
[13:05] {Threei} IRAQ SET TO SIGN DEALS WORTH UP TO $2.5B NEXT MONTH WITH 5 MAJORS TO BOOST OIL OUTPUT BY 500K BPD - GOVERNMENT ADVISOR
[13:06] {bruce} thats what iraq needs - an econmy and some people working again
[13:11] {Threei} LEH short 44 break
[13:11] {Threei} half lot
[13:12] {Threei} stop above .20
[13:14] {Chaeron} in
[13:15] {Chaeron} s LEH .98
[13:15] {Threei} 1:1
[13:16] {Threei} MER drops like a rock
[13:16] {Threei} no reason for LEH not to follow
[13:18] {dino} rumors mer 10billion hit coming
[13:19] {Chaeron} oi
[13:19] {Threei} isn't it nice
[13:19] {Threei} they throw billions around like kids throw toys in a sandbox
[13:20] {dino} funny, they are supposedly the "pros" at this stuff
[13:20] {GeoArb} dino ... whats the source of rumor?
[13:21] {Threei} every time I see all those nicely framed certificates on the wall in some financial advisor office, i think:
[13:21] {Threei} have you made anything in the market trading your own money, ever?
[13:21] {Chaeron} another piece of toilet paper?
[13:22] {Chaeron} dang market trying up
[13:22] {dino} doug kass realmoney.com
[13:22] {GeoArb} thnks
[13:22] {Threei} I guess now it's a rumor of previous rumor being not true?
[13:23] {GeoArb} out
[13:28] {Threei} too bad haven't reshorted LEH
[13:28] {GeoArb} you out too vad?
[13:28] {Threei} on a first drop into .70
[13:28] {GeoArb} ah
[13:29] {GeoArb} i let it go against me
[13:29] {Chaeron} I am by accident @ 44.03... don't know how...
[13:29] {GeoArb} didnt book
[13:29] {Threei} then couldn't get a new read on it as it went above two resistance levels
[13:29] {Chaeron} -.05
[13:29] {GeoArb} sheesh.... i shouldnt stay at home
[13:32] {Threei} wow
[13:32] {Threei} it went to .62 - 65 area twice, you haven't taken any?
[13:32] {bruce} I got out flat - was waiting at .50 for leh - greedy I guess
[13:33] {GeoArb} no was too slow
[13:33] {GeoArb} heh.... yup and then got stopped :)
[13:33] {bruce} vad made right choice grabbing 30c
[13:33] {dino} out dwsn .80, +.60
[13:34] {GeoArb} y
[13:34] {dino} opps, partial out
[13:34] {GeoArb} S LEH 43.59
[13:34] {bruce} great dino - you're on fire - didn't see that entry
[13:37] {dino} scroll up 12:37
[13:37] {bruce} yup - there it is - did I say I can read?
[13:38] {dino} oil -5 bucks
[13:38] {dino} gold -56
[13:42] {bruce} they'll pay us 56 bucks to take gold offhands? - im in for that
[13:44] {dino} sm risky l fmcn .35 wide
[13:46] {dino} out fmcn .85, +.50
[13:47] {bruce} nice -
[13:47] {dino} ty
[13:48] {bruce} I had no read long or short in it - fmcn has my number
[13:49] {dino} waiting at .30
[13:49] {bruce} stld looks like long candidate to me dino -
[13:53] {dino} y
[13:53] {bruce} tanking for moment
[13:56] {bruce} double bottom fwlt -
[13:58] {esemde} still have bstop on BWLD
[13:58] {esemde} 23.76
[13:58] {dino} lol
[13:58] {dino} thing won't move
[14:01] {esemde} ya ..it's lookin like it
[14:01] {dino} sm l stld .00
[14:02] {esemde} it's got indigestion dino......Hot Wings
[14:02] {dino} somethings holding it up
[14:06] {Threei} esemde, look dcc please
[14:10] {esemde} hi Vad ...just saw the dcc
[14:10] {lumdus} maybe little bounce here ?
[14:12] {bruce} l stld sm .77
[14:14] {bruce} stop .65
[14:15] {dino} ccow
[14:21] {dino} fcsx sm l .90
[14:26] {dino} fcsx stopped -.40
[14:27] {bruce} exit stld +.05 - dont care for this weakness
[14:31] {dino} my stop is .64
[14:32] {bruce} sounds good - we have a couple lower highs now so not very confident as long here -
[14:32] {bruce} still think low is near th0ough
[14:34] {esemde} Ok dino....am removing my bstop on BWLD......
[14:35] {dino} surprised you're still talking to me w/that one
[14:35] {esemde} pourquo?
[14:37] {esemde} it's still a good bet
[14:37] {dino} stld stoppedddddddddddddddddddddddddd
[14:37] {dino} y
[14:37] {bruce} adsk scaalp prospect on break of .91
[14:37] {bruce} sorry dino
[14:38] {dino} no worries
[14:38] {bruce} nyet on adsk
[14:40] {bruce} taking break
[14:41] {bruce} I hink fmcn is long prsopect near here dino
[14:41] {dino} financials blowing up
[14:42] {bruce} k- vad probably withdrew his cash
[14:42] {bruce} entire american economic system in ruins
[14:43] {dino} nah
[14:46] {lumdus} yeah, we just got to short the whole american economy and we be gok.
[14:46] {Threei} not yet bruce... but fed is working on it
[14:48] {dino} re-inflate it all, thats what they will do. its the fastest way out
[14:48] {dino} sm l fmcn .51
[14:50] {Threei} both LEH and MER look tempting to short off resistance
[14:51] {Threei} market looks like about to tank as if world ends
[14:51] {dino} what resistance lol
[14:51] {Threei} MER is right at one
[14:51] {judi} ty dino fmcn good l +.15
[14:52] {Threei} LEH can't quite climb there
[14:53] {Threei} 40 cents drop MER from the resistance
[14:54] {dino} :)
[14:55] {lumdus} if themarket drops again, i like amzn for reversal. very strong all day long
[14:58] {dino} dwsn sm l .52
[14:59] {lumdus} out amzn +.33
[14:59] {Threei} volume dried up on this bounce
[14:59] {Threei} if market wants time, it's time
[15:01] {lumdus} so leh we go short now ?
[15:02] {Threei} I have hard time finding entry points, too many shakeouts
[15:02] {Threei} JPM looks like deat spiral starts too
[15:05] {judi} for us a great + day, 5 for 5 trades, be back tomorrow thanks everyone
[15:09] {Threei} good job judi
[15:10] {dino} gj
[15:12] {Threei} OK, gotta try it
[15:12] {magoo} jpm short u m mean?
[15:12] {Threei} JPM stop over .20, looking for entry
[15:12] {magoo} how about MER?
[15:13] {Threei} one at a time for me
[15:13] {Threei} got .99
[15:14] {lumdus} of all the banks BSC looks like it wants up. way tooo funny
[15:14] {Threei} lol
[15:15] {Threei} well, that one already went through the circumcision of such a scale...
[15:15] {bruce} back
[15:15] {bruce} everybody make huge profits while I was gone?
[15:16] {Threei} judi did
[15:16] {bruce} k
[15:16] {lumdus} no bruce we all waited for you.
[15:16] {bruce} congrats judi
[15:16] {bruce} well thanx lum
[15:16] {bruce} now theres a gentleman
[15:17] {bruce} Ilike apol long here dino
[15:18] {lumdus} jpm not behaving like vad wants.
[15:18] {esemde} signing off ladies and gentlemen....see ya tomorrow
[15:18] {lumdus} maybe we need to wack it a little big
[15:18] {Threei} bye ese, see you tomorrow
[15:19] {magoo} vad..are JPM & MER independent of mkt todaty?
[15:19] {Threei} not totally
[15:19] {Threei} no absolute correlation but still
[15:21] {lumdus} in amzn 72.00 stop 71.94
[15:22] {dino} apol dk
[15:22] {lumdus} if we have rebound now, amzn go nice - othewise i lose .05
[15:22] {Threei} moving JPM stop to .05
[15:22] {Threei} no point in risking too much on it
[15:24] {Threei} should I stop being a hypocrite and just grab 10 cents on JPM?
[15:25] {GeoArb} heh i did
[15:25] {Threei} hehe
[15:25] {GeoArb} looks choppy
[15:25] {Threei} I just find it hard to believe this thing is still holding
[15:26] {Threei} whatever... with 6 cents stop I'll give it a chance
[15:26] {Threei} although not many stocks missed a chance to shake me out today, lol
[15:27] {GeoArb} yeah crappy day
[15:27] {GeoArb} -ve oday
[15:27] {GeoArb} should sneak trades from work
[15:27] {GeoArb} much better
[15:27] {Threei} die you lousy financial monstrousity
[15:28] {Threei} 1:1
[15:28] {Threei} covered half
[15:29] * Threei is sending to magoo request for death dance for JPM
[15:30] {GeoArb} all scalps turing in daytrades :D
[15:30] {magoo} die DDDDDDDDDUIIIIIIIIIEEEEEEEEEEEEEEEEEE
[15:30] {Threei} movement wise this one is completed as a scalp
[15:30] {dino} daa daa daa....uh huh, uh huh
[15:30] {Threei} I just want more from it
[15:31] {GeoArb} comeone guys dont kill it
[15:31] {GeoArb} it holds my home mortgage !!!
[15:31] {Threei} why not
[15:31] {Threei} so?
[15:31] {Threei} it's not like they owe you
[15:31] {Threei} you owe them
[15:31] {GeoArb} well as long as loan is forgiven hehehehe
[15:31] {Threei} they go under, you are mortgage-free :)
[15:31] {GeoArb} KILL IT NOW !!!!
[15:31] {Threei} there
[15:31] {ThurstonHowellTheThird} lol
[15:32] {Chaeron} lol... routing for ya Geo
[15:32] {GeoArb} i was bored so orded vad;s book
[15:32] {GeoArb} AFTER buying the course
[15:33] {Threei} which book?
[15:33] {dino} you'll be really bored when it arrives, lol
[15:33] {GeoArb} tape
[15:33] {Threei} TTR?
[15:33] {GeoArb} y
[15:33] {Threei} you won't regret it
[15:33] {GeoArb} i really need to figure out whats JBE and DBI (cant figure out when he says it)
[15:33] {GeoArb} :D
[15:33] {Threei} lol
[15:33] {Threei} magoo
[15:34] {Threei} can you put your elbow in dino's ribcage please?
[15:34] {dino} :)
[15:34] {Threei} :)
[15:34] {magoo} just thru easy button at him
[15:34] {dino} i'm driving him crazy today
[15:35] {Threei} your market today?
[15:35] {dino} lod
[15:35] {dino} below goal, but not bad
[15:35] {Threei} good job
[15:35] {Threei} not my market
[15:35] {Threei} JPM trade will put me at breakeven at best
[15:36] {GeoArb} yeah.... i got scared out
[15:36] {Threei} too many shakes
[15:36] {GeoArb} so -ve
[15:36] {Threei} all stops are within a reason, just a tad too many of them
[15:36] {dino} i think i need to buy this dip
[15:36] {Threei} thanks for NFLX trade and something else that I forgot that kept me not too deep under water
[15:37] {Threei} so JPM should take me at the surafce
[15:37] {Threei} hear that, morgan?
[15:37] {Threei} die
[15:37] {Threei} 1:2, 1/4 more out
[15:37] {Threei} +.40
[15:38] {dino} wow oih -10
[15:38] {Threei} that's some day... equities, oil aand gold down
[15:39] {Threei} btw guys, futures symbol rollover, don't forget
[15:41] {GeoArb} you know maybe i am wrong but my personal opinion is that LII doesnt help me much
[15:42] {dino} everyone is different
[15:42] {GeoArb} maybe am a newbies at ths but get a headache
[15:42] {Threei} what are you trying to use it for?
[15:42] {dino} no, thats just the market in general
[15:43] {GeoArb} mostly for thickness fo stock and volatility
[15:43] {GeoArb} not direction
[15:43] {Threei} right
[15:43] {Threei} so how does it not help?
[15:43] {GeoArb} but even those if my scanner is right i see only the good ones
[15:43] {GeoArb} right?
[15:43] {Threei} look at level 2 BIDU
[15:44] {Threei} and JPM
[15:44] {GeoArb} ok
[15:44] {Threei} which one is safer, by just a single glance on level 2
[15:44] {GeoArb} jpm
[15:44] {Threei} there
[15:44] {GeoArb} wide spread in bidu
[15:44] {Threei} what else do you want from level2? :)
[15:44] {GeoArb} but if my scanner had a max spread filter
[15:44] {Threei} it allowed you to evaluate risk in one second
[15:44] {GeoArb} bidu would never show up
[15:45] {Threei} ummm
[15:45] {Threei} not necesasary
[15:45] {Threei} spread is one factor
[15:45] {Threei} sizes, gap between levels, pace
[15:45] {Threei} all that is not something scanner will help with
[15:45] {GeoArb} can scan for size but not for level and pace agreed
[15:46] {Threei} trailing JPM last portion to .85
[15:48] {Threei} out
[15:49] {Threei} last trade of the day took the day from negative to useless
[15:49] {GeoArb} i promise not to stay home
[15:49] {Threei} thank you
[15:51] {GeoArb} learned a lot.... good days and bad
[15:51] {GeoArb} thanks vad and eveyone
[15:51] {GeoArb} bye
[15:51] {Threei} geo, you are perfectionist, aren't you
[15:51] {dino} fmcn stopped
[15:51] {GeoArb} just an engineer
[15:51] {Threei} biggest winning day is 7 times bigger than biggest losing
[15:52] {Threei} and 4 winning out of 6
[15:52] {GeoArb} thats was lucky bsc short
[15:52] {GeoArb} an abberration
[15:52] {Threei} sigh
[15:52] {Threei} those engineers
[15:53] {GeoArb} "those" forgot previous life eh?
[15:53] {Threei} lol
[15:53] {Threei} life is full of aberrations
[15:54] {Threei} Ok guys, thank you all
[15:54] {Threei} have a good evening, see you tomorrow
[15:55] {bruce} vad - glad you had OK day
[15:55] {Threei} OK is too loud
[15:55] {Threei} barely scratched my way to flat
[15:55] {bruce} k -
[15:56] {bruce} not I
[15:56] {bruce} keep getting almosty all your losing trades and missing wins
[15:56] {bruce} not sure what to do except stop taking all yur calls
[15:56] {Threei} or take all of them?
[15:57] {bruce} not always possible
[15:57] {Threei} it's your selection that undermined your performance today
[15:57] {dino} adding sm de overnight, holding dwsn, adding sm fwlt overnight
[15:57] {Threei} well, whatever you do or whoever you follow, you never will get all of them, right?
[15:58] {bruce} agreed and understood
[15:58] {Threei} most of them gave ample time for entery
[15:58] {Threei} JPM was available
[15:58] {Threei} NFLX too
[15:58] {bruce} missed those
[16:00] {dino} -300, 366 pt range
[16:17] {bruce} you expecting long bounce de overnight dno?
[16:19] {dino} y
[16:20] {bruce} its at support
[16:20] {bruce} but no sign of a reversal here
[16:22] {bruce} hope it works out
[16:25] {dino} small position, not too worried
[16:27] {bruce} I've been learning lots from you
[16:27] {bruce} want to thank you
[16:27] {bruce} still not able to read spikes -
[16:28] {bruce} \but I think I can see some progress on reading slower reversals
[16:28] {bruce} night all
[16:34] {dino} you're doing fine bruce, i see it. you're very good at capitulations
Wednesday, March 19, 2008
Tuesday, March 18, 2008
Mar 18 2008
Session Time: Tue Mar 18 00:00:00 2008
[08:34] {magoo{ morning
[08:35] {Threei{ Good morning guys
[08:36] {magoo{ hi vad: )
[08:36] {magoo{ mer and leh up big
[08:37] {Threei{ MF too
[08:37] {magoo{ forgot that one
[08:37] {magoo{ nice call on it
[08:37] {Threei{ and even JPM
[08:38] {Threei{ BSC not so much
[08:52] {Threei{ so LEH is fine if you believe the report
[08:52] {Threei{ REPORTS Q1 $0.81 V $0.72E, R $3.51B V $3.35BE
- Had liquidity pool of $34B
[08:52] {Threei{ - Has unencumbered assets of $64B
[08:52] {Threei{ - Q1 ROE 8.6% v 24.4% y/y
[08:52] {Threei{ - Q1 Pretax margin 18.9% v 33.7% y/y
[08:52] {Threei{ - Capital Markets reported net revenues of $1.7B -52%y/y.
[08:52] {Threei{ - Fixed Income Capital Markets reported net revenues of $262M, - 88% y/y
[08:52] {Threei{ - Investment Banking reported net revenues of $867M +2% y/y.
[08:52] {Threei{ - Investment Management reported record net revenues of $968M +39% y/y
[08:53] {Threei{ and GS is even finer
[08:53] {Threei{ REPORTS Q1 $3.23 V $2.58E, R $8.34B V $7.47BE
- Q1 Investment Banking revenue $1.7B, -31% y/y
[08:53] {Threei{ - Q1 Trading Revenues $5.12B, -46% y/y
[08:53] {Threei{ - Q1 AUM $873B, +21% y/y.
[08:53] {Threei{ - CEO states markets are "clearly very difficult" however conditions present "considerable opportunities."
[08:53] {Threei{ - Q1 $1B loss on non-investment-grade credit origination ($3B was rumored in the weekend press)
[08:54] {Threei{ MF says horrible things this morning:
[08:54] {Threei{ COMPANY REITERATES THAT ITS CAPITAL POSITION REMAINS STRONG, SAYS MARKET RUMORS ARE 'UNFOUNDED'
[08:54] {Threei{ rumors are unfounded = kiss of death {G{
[08:55] {Threei{ memories of BSC week-old similar claims immediately pop up
[08:58] {dptl{ good morning all
[08:58] {Threei{ dp :)
[09:00] {dino{ gm all
[09:03] {Threei{ dino :)
[09:07] {GeoArb{ good morning
[09:07] {Threei{ Geo :)
[09:08] {Threei{ everyone remembers we have Fed day?
[09:08] {dptl{ yhoo any news?
[09:09] {Threei{ yeah
[09:09] {magoo{ i feel the media is preaching unrealistic 1 point cut
[09:09] {Threei{ 08:32am [YHOO] Reaffirms Q1 and FY08 forecasts; Provides longer-term goalsmore.. - Yahoo!'s board of directors is continuing to evaluate all of its strategic alternatives to maximize value for Yahoo! stockholders. - Aims to "roughly double operating cash flow over the next three years from $1.9B to $3.7B" - Guides 2010 Revenues (ex-tac) at $8.8B
[09:09] {dptl{ ty
[09:10] {Threei{ mags... these days one can't really tell what's realistic and what isn't... borders between reality and fantasy all but disappear... we are in twilight zone :)
[09:10] {Threei{ whole BSC debacle is out of this universe for instance
[09:11] {magoo{ yeah..but market might be really disappointed with anything less
[09:14] {Threei{ market sets expectations, then trips over them
[09:14] {Threei{ like spoiled child
[09:15] {Threei{ "but I thought I was getting chocolate ice-cream??"
[09:17] {tomg{ gm all
[09:19] {esemde{ morning everyone...start today with an appology for not signing off yesterday.....went out to the links ....a brand new Jack Nicklas Course here "Bear Mountain"....shot 84
[09:19] {esemde{ tomg
[09:20] {Threei{ tom, ese :)
[09:20] {Threei{ I heard that's one nice course ese
[09:20] {esemde{ very nice....
[09:21] * bruce slaps esemde around a bit with a large trout
[09:21] {cosmo{ MDRX needs to hold 10.75 imo
[09:21] {esemde{ bruce....
[09:21] {bruce{ there - that'll teach you to have better manners
[09:21] {Threei{ maryaliceann, look dcc please
[09:21] {bruce{ hopeyou had fun ese
[09:21] {esemde{ forget 10.75 MDRX ...i need to hold 85 man!!!!
[09:22] {maryaliceann{ what is dcc?
[09:22] {esemde{ lots of fun....love that game
[09:22] {Threei{ private message
[09:22] {Threei{ doubleclick on my nick, you'll see it
[09:22] {bruce{ I generally shoot about 260 on a round of golf
[09:22] {Threei{ type in new window that will pop up
[09:23] {cosmo{ golf is dangerous ...for me, anyway
[09:23] {bruce{ golf is dangerous for people playong near me
[09:23] {Raven{
3 I got an "A" in golf in college
[09:23] {maryaliceann{ tnxk a mil vad, got it
[09:23] {Threei{ :)
[09:23] {cosmo{ i got a whelt
[09:23] {esemde{ MDRX does look good up 2pts.....
[09:23] {Raven{
3 have not touched a club since then
[09:24] {Raven{
3 welt ?
[09:24] {cosmo{ uh....yes
[09:24] {cosmo{ ouch
[09:24] {Raven{
3 sorry
[09:24] {cosmo{ many years ago
[09:24] {Threei{ if you observed AAPL at the open lately, it often makes wild swing into the low, pauses and jumps big back up
[09:24] {cosmo{ better now
[09:24] {dino{ nice 84 ese
[09:24] {Raven{
3 nice
[09:25] {cosmo{ never again tho
[09:25] {Threei{ having a strong opening, that could provide first quick morning scalp if materializes
[09:25] {bruce{ yes - seen that vad - and decided not worth trading
[09:25] {esemde{ tks dino.....was like sugical strike tough driving course
[09:25] {Threei{ I doubt there would be enouhg time to alert so watch it if that's a play to your liking
[09:26] {dino{ great bear is by me, played it a couple times, usually shhot around 88, it's a jack course too
[09:26] {ThurstonHowellTheThird{ gm all
[09:27] {bruce{ hey thtt
[09:27] {esemde{ THTT morning
[09:27] {esemde{ where is that course dino
[09:27] {Threei{ thtt :)
[09:28] {dino{ stroudsburg, pa (poconos)
[09:28] {esemde{ ahhhhh.....
[09:29] {Threei{ VISA IPO tomorrow if I am not mistaken
[09:29] {Threei{ that should be interesting
[09:29] {Threei{ biggest IPO in history they say
[09:29] {dino{ i have thursday vad
[09:29] {Threei{ and in financial sector, at time like this
[09:29] {esemde{ ya....charge your hares to ti......
[09:29] {cosmo{ MDRX
[09:29] {cosmo{ 11
[09:29] {esemde{ shares that is
[09:29] {Threei{ ty dino
[09:30] {esemde{ try that message again....charge your shares to it,,,,visa that is
[09:30] {Threei{ lol
[09:30] {dino{ "v"
[09:32] {bruce{ dino - strong possibility ofapol going long today
[09:32] {bruce{ apol
[09:32] {bruce{ theres the aapl break long vad
[09:33] {Threei{ one more spike, and should pull back
[09:34] {dino{ ok
[09:34] {cosmo{ ETFC hod
[09:34] {cosmo{ 3.5
[09:34] {Threei{ .90 loss is short if no break of 130
[09:34] {Threei{ but will break forst probably
[09:34] {dino{ fwlt off of 56, imo
[09:34] {bruce{ vrsn possible longsetup vad
[09:35] {Threei{ stop above 130
[09:35] {magoo{ in
[09:35] {magoo{ out .70 TY
[09:35] {Threei{ welcome
[09:35] {magoo{ easy button
[09:36] {bruce{ l apol 54.23 stop .15
[09:37] {Threei{ out .55
[09:37] {magoo{ nice..er
[09:37] {esemde{ AINV long 1/2 lot 115.65
[09:37] {GeoArb{ slow..
[09:37] {GeoArb{ .35 TY
[09:37] {esemde{ thats 15.65
[09:37] {esemde{ agressive entry
[09:38] {bruce{ stopped apol
[09:38] {esemde{ stop .50
[09:39] {Chaeron{ gm all
[09:39] {Threei{ chaeron :)
[09:40] {magoo{ CHAER : )
[09:40] {Threei{ 101 break short RIMM, small
[09:40] {magoo{ laserr says not avail??????
[09:41] {magoo{ wghat about u vad???
[09:41] {Threei{ same
[09:41] {magoo{ stranbge...in strange times
[09:42] {GeoArb{ is there a message?
[09:42] {GeoArb{ as i dont have it
[09:42] {tomg{ where do you see it on Laser? whether short is available or not
[09:42] {magoo{ u watching LEH at all? magoio is
[09:42] {Threei{ when you send short order
[09:42] {tomg{ ah, ok, ty
[09:42] {GeoArb{ yup
[09:42] {GeoArb{ doesnt work
[09:42] {Threei{ in activity log you get alert if stock is not in a short list
[09:43] {Threei{ aah OK{ message from admin now
[09:43] {Chaeron{ 06:42:41 ADMIN14 --{ (All): We are aware of the issue with shorting OTC and ETFs. We are currently working on it. This issue should be resolved shortly.
[09:43] {GeoArb{ only mentions OTC and ETFs
[09:43] {Threei{ they are working on it
[09:43] {Threei{ OTC is NASDAQ
[09:43] {GeoArb{ ty
[09:44] {Threei{ Over The Counter
[09:44] {Threei{ AAPL was shortable though
[09:44] {magoo{ yep
[09:45] {magoo{ aapl strong
[09:45] {bruce{ sds possible long dino
[09:46] {Threei{ MLNM interesting
[09:46] {dino{ proshares ultrashort
[09:50] {dino{ aet l .50, stop .19
[09:52] {bruce{ thoughts on aapl long play vad?
[09:52] {Threei{ CSIQ 19 long half lot
[09:52] {bruce{ range is pretty nasty
[09:52] {Threei{ .85 stop
[09:52] {dino{ aet stopped -.31
[09:53] {Threei{ not sure here bruce
[09:53] {Threei{ want to see nice juicy drop first
[09:54] {bruce{ k
[09:54] {Threei{ like this
[09:54] {bruce{ wow - nasty aapl shake
[09:55] {Threei{ in .29
[09:55] {Threei{ stop .19
[09:56] {Threei{ out +.40
[09:57] {bruce{ nice trade vad
[09:57] {bruce{ that aapl is one nasty stock
[09:57] {esemde{ OUT ANIV... .62 - .03
[09:57] {Threei{ RIMM short is available again
[09:58] {esemde{ not sure of it's direction now
[09:58] {bruce{ so the play for you was long on strngth with finger on exit immediately if it didn't continue long?
[09:58] {Threei{ on AAPL? it's always like this with these supervolatile ones
[09:59] {Threei{ RIMM .50 break short with stop above .70
[09:59] {bruce{ k - I don't like aapl first thing - pretty much always get stopped in it
[10:00] {Threei{ invalidated
[10:00] {cosmo{ csiq
[10:00] {Threei{ BRCM long .13
[10:00] {Threei{ .99 stop
[10:01] {magoo{ in
[10:02] {dino{ apol sm l .50
[10:03] {bruce{ gutsy dino - I wouldn't try long here in apol
[10:04] {dino{ shfl
[10:07] {esemde{ short QID 54.23
[10:08] {esemde{ 1/2 lot
[10:09] {dino{ apol stop to .90
[10:09] {dino{ :)
[10:09] {dino{ out .91 +.41
[10:10] {bruce{ congrats dino
[10:10] {Threei{ market collapse in a graphic form:
[10:10] {bruce{ long on a spike like that - good read
[10:10] {Threei{ http://img215.imageshack.us/img215/9470/techfl5.gif
[10:10] {dino{ lucky
[10:10] {dino{ gut feel down hard yesterday
[10:10] {esemde{ ARGH......OUT .21 +.02 hmmmm
[10:11] {bruce{ fmcn possible long dino - volatile
[10:11] {Chaeron{ Vad - lol
[10:11] {esemde{ doesn't work like a stock for sure
[10:11] {dino{ yes, i missed it at 34.25
[10:11] {bruce{ agreed - thought it would go long and tried earlier
[10:11] {dino{ down 8 or 9 yesterday
[10:13] {dino{ 34.75 area?
[10:14] {bruce{ yes - looks like good try about there to me dino
[10:16] {bruce{ if it breaks 36 we could possibly try long there w stop to .78
[10:16] {dino{ tmx rollingover
[10:17] {dino{ s .50, stop .71
[10:20] {Threei{ ADMIN14 --{ (All): The issue regarding the short list has been resolved
[10:21] {Threei{ MER half lot short 43 break if stays under .20
[10:22] {Threei{ 1:1 MER
[10:23] {Threei{ 1;2, me out
[10:23] {magoo{ cover .61 TY
[10:23] {Threei{ welcome sir
[10:24] {Threei{ that was easy
[10:24] {Chaeron{ MER in .99 out .57 + .42 ... muchas thanks Vad
[10:25] {dino{ pery s .67, stop .01
[10:25] {dptl{ mer +.21 ty
[10:28] {Threei{ welcome guys
[10:29] {Threei{ BRCM stop to .04
[10:31] {Threei{ BSC...
[10:31] {Threei{ interesting things happen
[10:31] {curtisweese{ s aapl 129.34
[10:31] {curtisweese{ or not!
[10:32] {GeoArb{ they just claimed ther value is 22
[10:32] {Threei{ and working on blocking the buyout
[10:33] {curtisweese{ out aapl short +.10
[10:35] {curtisweese{ l aapl 129.24
[10:36] {curtisweese{ out aapl +.15
[10:37] {curtisweese{ s aapl 129.50
[10:37] {curtisweese{ out -.07
[10:39] {Threei{ RIMM 102 brealk long
[10:39] {magoo{ feels 130+ coming aapl
[10:39] {magoo{ in off .50
[10:40] {Threei{ aggressive entry here RIMM with stop under .70
[10:40] {Threei{ .81 trigger
[10:41] {Threei{ if you took it aggressively, look to exit half around 102 and keep half for break
[10:42] {Chaeron{ in .79
[10:43] {dino{ pery stopped -.35
[10:43] {magoo{ i took .79 vad
[10:43] {Threei{ you already have over 1:1, lol
[10:43] {Threei{ beauty of aggressive entries
[10:44] {curtisweese{ l aapl 129.74
[10:44] {Threei{ NASDAQ looks breaky
[10:44] {Chaeron{ just to make sure... breaky down or breaky up?
[10:45] {Threei{ no workty
[10:46] {Chaeron{ stopped .69
[10:47] {magoo{ thoughts BRCM vad?
[10:48] {dino{ tmx stopped -.05
[10:48] {Threei{ no thoughts
[10:48] {Threei{ it works or it doesn't
[10:48] {Threei{ .04 stop
[10:48] {bruce{ still in tmx dino moved stop to .6
[10:48] {Threei{ shakeout RIMM...
[10:49] {curtisweese{ out aapl +.14
[10:50] {curtisweese{ s aapl tight stop!!!
[10:51] {Threei{ BSC going back to 60?
[10:52] {dino{ fmcn l .75
[10:53] {curtisweese{ out -.08
[10:53] {Threei{ jeez
[10:53] {Threei{ MF
[10:53] {Threei{ .50 break long half lot
[10:54] {Threei{ .29 stop
[10:54] {dino{ stop to .17
[10:54] {dino{ out, +.42
[10:55] {dino{ too tight
[10:55] {Threei{ stopped
[10:55] {Chaeron{ -.27 on MF
[10:55] {curtisweese{ s aapl
[10:55] {curtisweese{ 129.70
[10:57] {judi{ Judi and Jim signing on Good Morning, we took RIMM at 102 ty
[10:58] {Threei{ judi :)
[10:58] {bruce{ nice play fmcn for you dino - got stopped twice in it
[10:59] {curtisweese{ out aapl short +.24
[11:00] {esemde{ judi judi judi.....!!!!
[11:00] {curtisweese{ L aapl 129.50
[11:00] {curtisweese{ tight stop!
[11:01] {curtisweese{ handle of the cup ;)
[11:01] {tomg{ ignore feature is useful
[11:02] {ThurstonHowellTheThird{ does it work tomg?
[11:02] {GeoArb{ heh tomg ... i read the help on it
[11:02] {tomg{ yep
[11:02] {tomg{ right click on nick
[11:02] {Threei{ of course Geo, why do you think magoo never pays any attention to me
[11:02] {tomg{ control/ignore
[11:02] {ThurstonHowellTheThird{ thx a million tomg :)
[11:02] {tomg{ welcome:)
[11:03] {Threei{ solf
[11:03] {tomg{ ty rimm vad
[11:03] {Threei{ welcome tom
[11:05] {Threei{ I have to leave for 30-40 min guys, driving guest to airport
[11:05] {Threei{ poor thing goes back to frozen snowy Toronto
[11:05] {Chaeron{ drive safe
[11:06] {Threei{ don't corner all cotton there is
[11:06] {Chaeron{ cotton futs are risky :)
[11:07] {curtisweese{ out aapl +.30
[11:07] {curtisweese{ darn...way too early
[11:08] {bruce{ fwlt long dino?
[11:11] {Chaeron{ PZZA - CEO: PIZZA INDUSTRY STRUGGLING MORE NOW THAN AT START OF THE YEAR
[11:15] {curtisweese{ s aapl 129.57
[11:16] {dino{ ultr s .24, stop .51
[11:16] {dino{ fwlt dk
[11:17] {bruce{ k dino
[11:20] {dino{ thing should be 60, but trades hard
[11:20] {dino{ and there it goes
[11:21] {curtisweese{ out aapl short +.30
[11:22] {dino{ fmcn l .75
[11:22] {curtisweese{ l aapl 129.39
[11:22] {curtisweese{ tight stop!
[11:22] {curtisweese{ scalp on this one
[11:23] {curtisweese{ out +.20
[11:23] {curtisweese{ timed that one perfect
[11:24] {dino{ hod dji
[11:27] {magoo{ any one else held hostafge with me?
[11:27] {ThurstonHowellTheThird{ brcm?
[11:27] {magoo{ yep
[11:27] {dptl{ me
[11:27] {ThurstonHowellTheThird{ yep
[11:28] {ThurstonHowellTheThird{ setting oms (stop module)
[11:32] {bruce{ ibkr looks longon break of 26.50
[11:33] {curtisweese{ l aapl 129.88
[11:33] {curtisweese{ tight stop...might drop fast here
[11:34] {curtisweese{ not looking good :(
[11:35] {dino{ good chart
[11:35] {dino{ ibkr
[11:36] {bruce{ yes - watching it dino - tricky - may retreace to near 36 imo
[11:36] {bruce{ 26 rather
[11:37] {dino{ or both, lol
[11:38] {bruce{ lol
[11:38] {bruce{ I like it - but jerky trader
[11:39] {bruce{ thoughts on entry?
[11:40] {ThurstonHowellTheThird{ in IBKR 26.01 stop under 25.99 ?
[11:40] {dino{ fmcn stop to .99
[11:40] {curtisweese{ come on aapl!!!
[11:41] {dino{ stopped +.24
[11:42] {curtisweese{ out on aapl +.12
[11:42] {dino{ nnds
[11:43] {curtisweese{ sheesh aapl is either a big short here or a big long.... i don't know which
[11:45] {curtisweese{ l aapl
[11:48] {curtisweese{ 130.10 entry for me tight stop .....scalp i guess if i can get it
[11:49] {curtisweese{ out aapl +.18
[11:49] {dino{ xrtx
[11:52] {Threei{ back
[11:52] {Chaeron{ BSC tried to run without you
[11:52] {Threei{ tried?
[11:52] {Threei{ looks like it succeeded :)
[11:53] {GeoArb{ somethign about bondholders buying bsc so that they can vote for the buyout
[11:53] {dino{ fmcn fast drop
[11:56] {bruce{ fmcn looks to have support near 35 - watching to see if holds
[11:56] {Threei{ ese, you in AINV still?
[11:57] {curtisweese{ s aapl.....risky 129.85 i think we get a market drop here.....my opinion only :)
[11:58] {curtisweese{ out aapl short $.20!
[11:59] {curtisweese{ out way too early on that one
[12:00] {curtisweese{ l aapl `129.49
[12:01] {bruce{ add artc to watch dino
[12:01] {dino{ ok
[12:03] {curtisweese{ vad, aapl? i'm in at 129.49....your thoughts? looks like a .40 to me if i don't stop out?
[12:04] {curtisweese{ stop city coming
[12:04] {Threei{ stop under .30?
[12:04] {curtisweese{ .25
[12:04] {Threei{ don't overthing it
[12:04] {Threei{ let it trade and tell you what it's going to be
[12:04] {Threei{ profit - fine, loss- whatever
[12:05] {bruce{ trying artc long
[12:06] {dino{ not enough imo
[12:07] {curtisweese{ here we go.....come on!!!
[12:08] {curtisweese{ out aapl made .14
[12:09] {Threei{ 102 break tempting short RIMM
[12:09] {Threei{ so far resistace .25
[12:09] {Threei{ maybe forms something closer for tighter stop
[12:10] {curtisweese{ s aaapl 129.71
[12:10] {bruce{ took your advice - out artc flat
[12:10] {dino{ trust your gut, not mine
[12:12] {curtisweese{ out aapl short made .11
[12:14] {dino{ sm l fmcn .97, wide
[12:16] {curtisweese{ i made my goal but don't want to leave :(
[12:17] {bruce{ emkr dino
[12:19] {dino{ whats your goal curtis
[12:20] {curtisweese{ $500
[12:20] {dino{ gj
[12:21] {dino{ take a break
[12:21] {curtisweese{ i need to go to my real job....hehehe
[12:21] {dino{ emkr off of .50?
[12:21] {curtisweese{ aapl at day high....looking to short one time
[12:21] {Threei{ BSC making me seasick
[12:22] {Threei{ EMKR HEARING DEFENDED AT JEFFERIES
[12:23] {bruce{ I'd like to see a small pullback dino
[12:23] {dino{ you're tough to please...:)
[12:24] {bruce{ lol - just try to keep stops small - lloks good as long candidate
[12:25] {bruce{ fading a bit - want to see .18 hold in it
[12:26] {dino{ l here, w/stop lod
[12:27] {bruce{ l now at .43 stop .18
[12:29] {dino{ having alot of rtouble w/.50
[12:32] {bruce{ my target 7.8dino
[12:35] {curtisweese{ market up or down from here?
[12:35] {Threei{ got a coin handy?
[12:35] {Threei{ BRCM over 1:1
[12:36] {curtisweese{ s aapl gonna go for it
[12:36] {Threei{ I am out +.14
[12:36] {curtisweese{ missed my entry...grrrrrr
[12:36] {Threei{ now, fess up you whiners... who gave up and abandoned BRCM?
[12:37] {magoo{ I HATE THOSE
[12:37] {magoo{ left @ .06 for LOSS
[12:37] {Threei{ I'll never understand it :)
[12:38] {magoo{ out EMKR @ .74
[12:38] {curtisweese{ s aapl 130.17
[12:39] {Threei{ stop trailed to .04, stock is slow, ssfe, thick enough to not make you watch it tick by tick... why not set stop and go about other business
[12:39] {curtisweese{ out....too scary... -.02 lol
[12:40] {dptl{ out brcm+.20 about time ty
[12:40] {Threei{ whew
[12:40] {dptl{ yeah
[12:40] {Threei{ someone managed to profit from it
[12:40] {dptl{ patience patience:)
[12:42] {bruce{ nice mags
[12:42] {magoo{ your call and dino, went w/ya
[12:42] {Threei{ magoo... dp will lecture you about patience as a virtue today after hours
[12:43] {bruce{ I didn't play it well - dumped at .60 on retrade - should have tken your exit or held
[12:44] {magoo{ i know boss...:) actually, i was in it for hours
[12:44] {magoo{ thought patience was good
[12:46] {dino{ emkr stop to .47
[12:48] {dino{ emkr out +.07\
[12:49] {curtisweese{ s aapl 130.64
[12:50] {bruce{ k dino - glad it was + for you
[12:50] {bruce{ still potential for another run if these retrace levels hold
[12:53] {curtisweese{ out on short made .08 only :(
[12:54] {Threei{ poor thing
[12:54] {Threei{ my heart goes out to you
[12:55] {curtisweese{ :P
[12:56] {curtisweese{ l aapl then! 130.85
[12:58] {curtisweese{ out -.04
[13:00] {Threei{ 7.11 long BSC
[13:00] {Threei{ 6.99 stop
[13:01] {magoo{ in
[13:05] {magoo{ rimm long vad?
[13:05] {Threei{ on .50 break?
[13:06] {Threei{ looks promising
[13:06] {magoo{ yeah w/mkt help
[13:06] {Chaeron{ I get in and BSC goes sideways for first itme
[13:07] {Threei{ if it works, .30 - .50 should be reachable
[13:07] {Threei{ it doesn't, 12 cents stop
[13:07] {Threei{ {shrug{
[13:10] {magoo{ bsc stopped
[13:10] {dino{ out fmcn .37, +.40
[13:11] {Threei{ Fed day is tougher than last week or tweo
[13:11] {Threei{ let's ee if RIMM works
[13:11] {Chaeron{ in
[13:11] {Chaeron{ .51
[13:12] {dino{ ultr cov .10, +.14, all dayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
[13:12] {Threei{ lol
[13:12] {curtisweese{ bsc running...jeez
[13:12] {magoo{ RIMM lagging aapl
[13:14] * Threei kicks RIMM in the rear with heavy duty steel-toed army boots
[13:15] {Threei{ half out RIMM +.21
[13:16] {Threei{ stop .45 for the balance
[13:16] {magoo{ out .87 here
[13:16] {magoo{ TY
[13:16] {Threei{ what ty... your find, lol
[13:17] {magoo{ just for being u...: )
[13:17] {Threei{ out 1/4 more +.40
[13:17] {Threei{ for kicking RIMM in the rear... I got it
[13:17] {Chaeron{ out in full 0.87 +.36
[13:17] {Chaeron{ thanks again Vad
[13:18] {Threei{ 1 hour till fed
[13:20] {bruce{ fmcn looks long again dino
[13:20] {dino{ y
[13:21] {bruce{ nervous about trading it - stopped twice
[13:21] {bruce{ good chance for bounce ner 35 imo
[13:22] {Threei{ stop to .65 last porftion RIMM
[13:23] {Threei{ no way I am holding anything but sandwich when Fed come out with 2% rate hike
[13:24] {bruce{ lol - you think bernanke has a mean streak?
[13:25] {Threei{ I think he doesn't care... he is going to be eaten alive and he knows that :)
[13:26] {magoo{ i have apptmt..have to leave soon..will not be back..THANX everybody
[13:26] {Threei{ uh oh
[13:26] {Threei{ we are in troubles
[13:26] {Threei{ voulme in the market dries up greatlty every time magoo leaves
[13:27] {bruce{ take care mags
[13:27] {Threei{ lum is not here, and if curtis goes away for the day, market is toast
[13:27] {curtisweese{ s aapl 131.24
[13:28] {curtisweese{ out made .12
[13:30] {curtisweese{ think market will sell of in front of fed
[13:34] {curtisweese{ s aapl 131.16
[13:35] {dptl{ usu?
[13:37] {Threei{ what do you see in USU dp?
[13:37] {Threei{ so narrow... not sure it can do anything
[13:38] {dptl{ type 1 scalp ma ybe big offer .71
[13:38] {bruce{ vad reqad on pcar as long?
[13:39] {curtisweese{ out aapl short made .30
[13:39] {dptl{ i am just bored waiting for fed .....can't find popcorn ...damn
[13:40] {Threei{ .05 for a scalp maybe bruce
[13:42] {bruce{ k- you don't sound too confident - passing on it
[13:42] {Threei{ yeah, kind of meh trade
[13:42] {curtisweese{ s aapl 131.10
[13:42] {Threei{ can take, can ignore, depneding on degree of boredom
[13:46] {bruce{ lol - boredom tradingis for curtis
[13:46] {dino{ lol
[13:49] {Threei{ PREVIEW: FOMC RATE DECISION DUE OUT AT ABOUT 2:15PM
**consensus expectation is for a 75 bps cut to 2.25%, though economists are about evenly split on expectations for 50, 75 and 100 bps. Most of the recent revisions to estimates have been favoring a 100 bps cut.
[13:49] {Threei{ - Some analysts are calling for a 50 bps cut today, massaged by a discussion of all the other extraordinary actions the Fed has taken to support the functioning of the credit markets. Some speculate the FOMC could even stipulate that it will hold an intra meeting policy review between now and May 9th meeting, to emphasize 'it will act in a timely manner', while blunting the perception that further intra-meeting moves are emergency actions.
[13:53] {curtisweese{ out lost .08
[13:53] {Threei{ curtis... too close to fed time now, keep powder dry
[13:54] {curtisweese{ you got it!
[13:54] {curtisweese{ we going to have a short or long ready once fed makes announcement?
[13:54] {Threei{ GGP
[13:54] {Threei{ UPDATE: CORPORATE CREDIT RATING CUT TO JUNK AT S&P ; AFFECTS ABOUT $5B OF DEBT
[13:55] {bruce{ nice long action in apol tady dino
[13:55] {bruce{ was hared to peg entreis though
[13:57] {Threei{ shirted a bit GGP, covered +.30... tough player
[13:57] {dino{ y
[13:57] {curtisweese{ i think market tanks after fed....priced in 100 pts already....market drops.....anything less and market gets nervous and drops....your thoughts?
[13:58] {Threei{ it sounds logical
[13:58] {Threei{ I just don't know how much logic applies in such nervous times
[13:58] {curtisweese{ i'm going to have aapl or rimm short ready i guess
[13:59] {Threei{ just don't chase too far, and remember how volatile they get after Fed decision
[13:59] {Threei{ countermoves come quickly and are very violent
[13:59] {Threei{ cut donw size
[14:00] {curtisweese{ he will prolly cut it 1.25 just to mess with me
[14:00] {Threei{ I am all for rate hike
[14:04] {curtisweese{ s aapl 130.92
[14:05] {curtisweese{ out made .24
[14:06] {dino{ tleo
[14:06] {curtisweese{ knew it would sell of....too early exit
[14:06] {curtisweese{ or maybe not!
[14:07] {dino{ emkr ouch
[14:07] {curtisweese{ s aapl 130.80
[14:07] {curtisweese{ omg!
[14:08] {curtisweese{ out made .40
[14:08] {curtisweese{ wow
[14:10] {curtisweese{ 1 more time s aapl 130.57
[14:11] {curtisweese{ out made .11
[14:11] {curtisweese{ ok that's it......
[14:11] {Threei{ ah come on, 4 more min
[14:11] {Threei{ you can make 8 more trades
[14:11] {dptl{ lol
[14:11] {curtisweese{ hahahah
[14:12] {curtisweese{ i almost went long right there, but reason reared its ugly head
[14:12] {bruce{ what prmpted second short at .80 curtis? - wprked great but I don't see any reason for that entry
[14:13] {Threei{ itching finger? :)
[14:13] {curtisweese{ i believed that it would sell off, so just shorted and got out and went it went back up from people buying at dip, i shorted again...just looking for scalps
[14:13] {curtisweese{ luckily i got out before a 4th one as buyers came back in
[14:13] {Threei{ 2 min
[14:14] {bruce{ k- thought so -
[14:14] {curtisweese{ i'd say short here too....lol 130.82 with a tight stop finger ready
[14:14] {Threei{ 1 min
[14:14] {bruce{ glad it worked
[14:14] {Threei{ *FOMC CUTS TARGET RATE 75 BPS TO 2.25%
[14:14] {dino{ .75
[14:15] {bruce{ k
[14:15] {bruce{ big cut
[14:15] {curtisweese{ s aapl DARN!!! didn't get my fill
[14:15] {Threei{ OUTLOOK FOR ECONOMIC ACTIVITY HAS WEAKENED FURTHER
- Vote 8-2, Fisher, Plosser dissented
[14:15] {Threei{ - Financial markets are under considerable stress
[14:16] {dino{ tleo
[14:17] {curtisweese{ ouch...that sucked....hit short and missed my fill by .01 cuz it dropped sooooo fast.....would have had almost $1
[14:17] {curtisweese{ but didn't lose money, so i'm happy
[14:18] {judi{ we made +.66 short out before bounce on rimm///TY done for day
[14:18] {Threei{ good job judi
[14:19] {Threei{ wow
[14:19] {curtisweese{ wow ...market doesn't know what to do
[14:19] {Threei{ huge bounce RIMM
[14:19] {Threei{ [13:59] {Threei{ countermoves come quickly and are very violent
[14:22] {Threei{ Says uncertainty on inflation outlook as increased, indicators of inflation expectations have risen and will monitor inflation developments carefully, expects inflation to moderate in coming quarters
[14:22] {Threei{ - Says Labor markets have softened, and Fed will act in timely manner to promote growth, price stability
[14:22] {Chaeron{ key word - violent :)
[14:23] {curtisweese{ s aapl 131.04
[14:23] {curtisweese{ out made .34
[14:24] {curtisweese{ so much more there, but it is moving too fast to count on
[14:25] {Threei{ sit it out
[14:25] {curtisweese{ i'm out now
[14:28] {bruce{ whatever works vad - if he can trade that stuff and make money then so be it - curtis seems to have a tlanet for those volatility plays
[14:28] {curtisweese{ luck
[14:28] {curtisweese{ learning while gambling basically...lol
[14:29] {curtisweese{ l aapl 129.89
[14:30] {curtisweese{ out lost .06
[14:30] {curtisweese{ too scary
[14:31] {curtisweese{ crap....a second too early
[14:31] {dino{ tleo s .80 sm
[14:32] {bruce{ q's at lod
[14:32] {curtisweese{ s aapl 129.54
[14:33] {curtisweese{ out!
[14:33] {curtisweese{ made .40!!!
[14:33] {curtisweese{ wow...got out at .14...that is lowest i see
[14:36] {curtisweese{ s aapl 129.70
[14:37] {bruce{ long bounce near imo
[14:37] {curtisweese{ out
[14:37] {curtisweese{ made .29!
[14:38] {curtisweese{ okay, i really have to go now. bye everyone i'm learning slowly
[14:38] {Threei{ take care curtis, good job
[14:38] {bruce{ bye curtis - congrats
[14:39] {dino{ clda
[14:39] {curtisweese{ thanks! i made 3 times my amount...even when I accidentally bought 20000 shares of bsc instead of 2000 and it went down before i could bail :( I've never been so scared
[14:39] {curtisweese{ i think i pooped my pants a little on that one
[14:40] {dino{ gotta hop, hard bstop tleo .71, back at 3:10
[14:40] {bruce{ geez
[14:41] {curtisweese{ s aapl one more time 130.25
[14:41] {curtisweese{ omg...out! made .28!
[14:41] {curtisweese{ i am on fire
[14:42] {bruce{ thought you were referring to leaving when you said gotta go dcurtis
[14:42] {curtisweese{ i barely have time to type it before i get out....lol
[14:42] {curtisweese{ okay okay
[14:42] {bruce{ teasing
[14:43] {curtisweese{ man it looks like another aapl short here.....i wo't do it...leaving...take care everyone
[14:49] {Threei{ state of total and absolute confusion in the market, lol
[14:56] {Threei{ exit doors for shorts are getting crowded
[14:58] {bruce{ bsc long break try vad?
[14:58] {Threei{ it doesan't follow the market
[14:59] {Threei{ its own chart looks right
[14:59] {Threei{ if holding above .35
[14:59] {bruce{ whats your feel - thinking .53 break w 13stop
[14:59] {bruce{ k
[15:05] {Threei{ FBI OFFICIAL: MORTGAGE PROBE NOW INTO 17 COMPANIES, UP FROM 16, MAINLY BIG FIRMS - OFFICIAL COMMENTS
- Declines to comment to on whether Bear Sterns collapse a focus of a probe
[15:05] {Threei{ - US mortgage probe could take years to resolve
[15:05] {Threei{ - All phases of securitazation process being examined in mortgage probe
[15:07] {Threei{ why when looking at this market I see cosmo kramer
[15:07] {Threei{ giddy-up!
[15:07] {Threei{ was there any single analyst who would have predicted such rally after .75 cut?
[15:11] {dino{ no and they all said less than 1, drop
[15:11] {dino{ back, tleo stopped flat
[15:11] {dino{ and now it works
[15:11] {Threei{ wow... MLCO lost it
[15:11] {Threei{ I tried to scalp LEH breask of 45
[15:11] {Threei{ trade was questionable, decided not to call it
[15:12] {Threei{ got 45.08 long
[15:12] {Threei{ send sell 45.35 when it spiked
[15:12] {Threei{ MLCO filled me at 45.45
[15:12] {Chaeron{ It's that Nigerian fund account you have there... they like you
[15:12] {Threei{ lol
[15:13] {Threei{ I don't even see it on chart, high is shown as 44.44, and highest I saw on quotes was .38
[15:13] {Threei{ not that I complain, mind you
[15:14] {Chaeron{ naaaa. just like Hillary's futures account... gave her prices that never were there :)
[15:16] {Threei{ do we have more fuelk or not
[15:16] {Threei{ AAPL looks like long with stop under .50
[15:17] {Threei{ but the odds in this kind of market are impossible to estimate
[15:17] {Threei{ pulled back right into support
[15:17] {Threei{ anyone grabbed it?
[15:17] {hawkfan4{ got .54
[15:17] {Threei{ half out
[15:18] {hawkfan4{ 1/2 out
[15:18] {Threei{ and let's see what happens
[15:18] {Threei{ your stop is negligible
[15:18] {Threei{ quite worthy trade in my book
[15:18] {Threei{ good reflexes btw
[15:18] {hawkfan4{ :)
[15:18] {Threei{ you got on exit something like .80?
[15:19] {hawkfan4{ .77
[15:19] {Threei{ beautiful trade
[15:19] {hawkfan4{ stop .48 on the rest
[15:19] {Threei{ magoo, lumdus and curtis would have been proud of us
[15:20] {dino{ gj
[15:20] {Threei{ 132.15 my dream exit
[15:22] {Threei{ out
[15:22] {Threei{ 1 cemnt under the high of spike
[15:23] {Threei{ ask me how I picked it
[15:23] {ThurstonHowellTheThird{ how?
[15:23] {Threei{ I have no idea
[15:23] {ThurstonHowellTheThird{ lol
[15:23] {Threei{ out hawk?
[15:23] {hawkfan4{ out .16 :)
[15:23] {Threei{ beautiful
[15:24] {bruce{ thoughts on klac long vad?
[15:24] {bruce{ drat - we missed second long move emkr dino
[15:24] {Threei{ not sure bruce
[15:24] {bruce{ k - thanx vad
[15:24] {Threei{ looks almost right
[15:25] {bruce{ agreed - but late in day after pretty bigmove - sop still a coin tos trade to me - wanted your opinion
[15:25] {Threei{ something bothers me about it but I can't put a finger on it
[15:25] {dino{ sm fmcn l .80
[15:29] {Threei{ too bad magoo isn't here... I wanted to tease him about BRCM
[15:31] {dino{ sm l clda .12
[15:35] {dino{ out fmcn .20, +.40
[15:36] {bruce{ nice dino
[15:36] {Threei{ USD is rallying on .75 rate cut
[15:36] {Threei{ Gold is dropping on it
[15:36] {Threei{ these are trying times for common sense :)
[15:37] {dino{ ty bruce
[15:38] {dino{ dogs and cats, living together in sin
[15:40] {bruce{ whats wrng w that? - I like sin
[15:41] {dino{ nnds
[15:41] {dino{ live in sin, come on in
[15:42] {Threei{ RIMM
[15:42] {dino{ strom of the century, king
[15:42] {Threei{ 105 break for crazy traders
[15:42] {Threei{ I knew it sounded familiar dino
[15:43] {dino{ we're going to have to sell this rally
[15:44] {Threei{ if it comes back and breaks, stop will be set by the low of this pullback
[15:45] {Threei{ come on RIMM
[15:46] {dino{ clda stop to .59
[15:46] {Threei{ nope, doesn't want to
[15:47] {dino{ to .66
[15:47] {dino{ to .72
[15:47] {dino{ out slip to .71,
[15:48] {dino{ +.59
[15:49] {dino{ sm s nnds .99, stop hod
[15:50] {dino{ hmm, stopping it
[15:51] {Threei{ crazy finish of a cazry day
[15:52] {Threei{ JPM MAINTAINS REGULAR DIVIDEND OF $0.38/SHR- The dividend is payable on April 30 to stockholders of record at the close of business on April 4.
[15:52] {Threei{ thank you all
[15:52] {Threei{ have a good evening, this day deserves a good rest
[15:53] {Threei{ see you tomorrow
[15:53] {ThurstonHowellTheThird{ bye y'all
[15:53] {dptl{ have a good evening all
[15:53] {dino{ thx all, good job today
[08:34] {magoo{ morning
[08:35] {Threei{ Good morning guys
[08:36] {magoo{ hi vad: )
[08:36] {magoo{ mer and leh up big
[08:37] {Threei{ MF too
[08:37] {magoo{ forgot that one
[08:37] {magoo{ nice call on it
[08:37] {Threei{ and even JPM
[08:38] {Threei{ BSC not so much
[08:52] {Threei{ so LEH is fine if you believe the report
[08:52] {Threei{ REPORTS Q1 $0.81 V $0.72E, R $3.51B V $3.35BE
- Had liquidity pool of $34B
[08:52] {Threei{ - Has unencumbered assets of $64B
[08:52] {Threei{ - Q1 ROE 8.6% v 24.4% y/y
[08:52] {Threei{ - Q1 Pretax margin 18.9% v 33.7% y/y
[08:52] {Threei{ - Capital Markets reported net revenues of $1.7B -52%y/y.
[08:52] {Threei{ - Fixed Income Capital Markets reported net revenues of $262M, - 88% y/y
[08:52] {Threei{ - Investment Banking reported net revenues of $867M +2% y/y.
[08:52] {Threei{ - Investment Management reported record net revenues of $968M +39% y/y
[08:53] {Threei{ and GS is even finer
[08:53] {Threei{ REPORTS Q1 $3.23 V $2.58E, R $8.34B V $7.47BE
- Q1 Investment Banking revenue $1.7B, -31% y/y
[08:53] {Threei{ - Q1 Trading Revenues $5.12B, -46% y/y
[08:53] {Threei{ - Q1 AUM $873B, +21% y/y.
[08:53] {Threei{ - CEO states markets are "clearly very difficult" however conditions present "considerable opportunities."
[08:53] {Threei{ - Q1 $1B loss on non-investment-grade credit origination ($3B was rumored in the weekend press)
[08:54] {Threei{ MF says horrible things this morning:
[08:54] {Threei{ COMPANY REITERATES THAT ITS CAPITAL POSITION REMAINS STRONG, SAYS MARKET RUMORS ARE 'UNFOUNDED'
[08:54] {Threei{ rumors are unfounded = kiss of death {G{
[08:55] {Threei{ memories of BSC week-old similar claims immediately pop up
[08:58] {dptl{ good morning all
[08:58] {Threei{ dp :)
[09:00] {dino{ gm all
[09:03] {Threei{ dino :)
[09:07] {GeoArb{ good morning
[09:07] {Threei{ Geo :)
[09:08] {Threei{ everyone remembers we have Fed day?
[09:08] {dptl{ yhoo any news?
[09:09] {Threei{ yeah
[09:09] {magoo{ i feel the media is preaching unrealistic 1 point cut
[09:09] {Threei{ 08:32am [YHOO] Reaffirms Q1 and FY08 forecasts; Provides longer-term goalsmore.. - Yahoo!'s board of directors is continuing to evaluate all of its strategic alternatives to maximize value for Yahoo! stockholders. - Aims to "roughly double operating cash flow over the next three years from $1.9B to $3.7B" - Guides 2010 Revenues (ex-tac) at $8.8B
[09:09] {dptl{ ty
[09:10] {Threei{ mags... these days one can't really tell what's realistic and what isn't... borders between reality and fantasy all but disappear... we are in twilight zone :)
[09:10] {Threei{ whole BSC debacle is out of this universe for instance
[09:11] {magoo{ yeah..but market might be really disappointed with anything less
[09:14] {Threei{ market sets expectations, then trips over them
[09:14] {Threei{ like spoiled child
[09:15] {Threei{ "but I thought I was getting chocolate ice-cream??"
[09:17] {tomg{ gm all
[09:19] {esemde{ morning everyone...start today with an appology for not signing off yesterday.....went out to the links ....a brand new Jack Nicklas Course here "Bear Mountain"....shot 84
[09:19] {esemde{ tomg
[09:20] {Threei{ tom, ese :)
[09:20] {Threei{ I heard that's one nice course ese
[09:20] {esemde{ very nice....
[09:21] * bruce slaps esemde around a bit with a large trout
[09:21] {cosmo{ MDRX needs to hold 10.75 imo
[09:21] {esemde{ bruce....
[09:21] {bruce{ there - that'll teach you to have better manners
[09:21] {Threei{ maryaliceann, look dcc please
[09:21] {bruce{ hopeyou had fun ese
[09:21] {esemde{ forget 10.75 MDRX ...i need to hold 85 man!!!!
[09:22] {maryaliceann{ what is dcc?
[09:22] {esemde{ lots of fun....love that game
[09:22] {Threei{ private message
[09:22] {Threei{ doubleclick on my nick, you'll see it
[09:22] {bruce{ I generally shoot about 260 on a round of golf
[09:22] {Threei{ type in new window that will pop up
[09:23] {cosmo{ golf is dangerous ...for me, anyway
[09:23] {bruce{ golf is dangerous for people playong near me
[09:23] {Raven{
3 I got an "A" in golf in college
[09:23] {maryaliceann{ tnxk a mil vad, got it
[09:23] {Threei{ :)
[09:23] {cosmo{ i got a whelt
[09:23] {esemde{ MDRX does look good up 2pts.....
[09:23] {Raven{
3 have not touched a club since then
[09:24] {Raven{
3 welt ?
[09:24] {cosmo{ uh....yes
[09:24] {cosmo{ ouch
[09:24] {Raven{
3 sorry
[09:24] {cosmo{ many years ago
[09:24] {Threei{ if you observed AAPL at the open lately, it often makes wild swing into the low, pauses and jumps big back up
[09:24] {cosmo{ better now
[09:24] {dino{ nice 84 ese
[09:24] {Raven{
3 nice
[09:25] {cosmo{ never again tho
[09:25] {Threei{ having a strong opening, that could provide first quick morning scalp if materializes
[09:25] {bruce{ yes - seen that vad - and decided not worth trading
[09:25] {esemde{ tks dino.....was like sugical strike tough driving course
[09:25] {Threei{ I doubt there would be enouhg time to alert so watch it if that's a play to your liking
[09:26] {dino{ great bear is by me, played it a couple times, usually shhot around 88, it's a jack course too
[09:26] {ThurstonHowellTheThird{ gm all
[09:27] {bruce{ hey thtt
[09:27] {esemde{ THTT morning
[09:27] {esemde{ where is that course dino
[09:27] {Threei{ thtt :)
[09:28] {dino{ stroudsburg, pa (poconos)
[09:28] {esemde{ ahhhhh.....
[09:29] {Threei{ VISA IPO tomorrow if I am not mistaken
[09:29] {Threei{ that should be interesting
[09:29] {Threei{ biggest IPO in history they say
[09:29] {dino{ i have thursday vad
[09:29] {Threei{ and in financial sector, at time like this
[09:29] {esemde{ ya....charge your hares to ti......
[09:29] {cosmo{ MDRX
[09:29] {cosmo{ 11
[09:29] {esemde{ shares that is
[09:29] {Threei{ ty dino
[09:30] {esemde{ try that message again....charge your shares to it,,,,visa that is
[09:30] {Threei{ lol
[09:30] {dino{ "v"
[09:32] {bruce{ dino - strong possibility ofapol going long today
[09:32] {bruce{ apol
[09:32] {bruce{ theres the aapl break long vad
[09:33] {Threei{ one more spike, and should pull back
[09:34] {dino{ ok
[09:34] {cosmo{ ETFC hod
[09:34] {cosmo{ 3.5
[09:34] {Threei{ .90 loss is short if no break of 130
[09:34] {Threei{ but will break forst probably
[09:34] {dino{ fwlt off of 56, imo
[09:34] {bruce{ vrsn possible longsetup vad
[09:35] {Threei{ stop above 130
[09:35] {magoo{ in
[09:35] {magoo{ out .70 TY
[09:35] {Threei{ welcome
[09:35] {magoo{ easy button
[09:36] {bruce{ l apol 54.23 stop .15
[09:37] {Threei{ out .55
[09:37] {magoo{ nice..er
[09:37] {esemde{ AINV long 1/2 lot 115.65
[09:37] {GeoArb{ slow..
[09:37] {GeoArb{ .35 TY
[09:37] {esemde{ thats 15.65
[09:37] {esemde{ agressive entry
[09:38] {bruce{ stopped apol
[09:38] {esemde{ stop .50
[09:39] {Chaeron{ gm all
[09:39] {Threei{ chaeron :)
[09:40] {magoo{ CHAER : )
[09:40] {Threei{ 101 break short RIMM, small
[09:40] {magoo{ laserr says not avail??????
[09:41] {magoo{ wghat about u vad???
[09:41] {Threei{ same
[09:41] {magoo{ stranbge...in strange times
[09:42] {GeoArb{ is there a message?
[09:42] {GeoArb{ as i dont have it
[09:42] {tomg{ where do you see it on Laser? whether short is available or not
[09:42] {magoo{ u watching LEH at all? magoio is
[09:42] {Threei{ when you send short order
[09:42] {tomg{ ah, ok, ty
[09:42] {GeoArb{ yup
[09:42] {GeoArb{ doesnt work
[09:42] {Threei{ in activity log you get alert if stock is not in a short list
[09:43] {Threei{ aah OK{ message from admin now
[09:43] {Chaeron{ 06:42:41 ADMIN14 --{ (All): We are aware of the issue with shorting OTC and ETFs. We are currently working on it. This issue should be resolved shortly.
[09:43] {GeoArb{ only mentions OTC and ETFs
[09:43] {Threei{ they are working on it
[09:43] {Threei{ OTC is NASDAQ
[09:43] {GeoArb{ ty
[09:44] {Threei{ Over The Counter
[09:44] {Threei{ AAPL was shortable though
[09:44] {magoo{ yep
[09:45] {magoo{ aapl strong
[09:45] {bruce{ sds possible long dino
[09:46] {Threei{ MLNM interesting
[09:46] {dino{ proshares ultrashort
[09:50] {dino{ aet l .50, stop .19
[09:52] {bruce{ thoughts on aapl long play vad?
[09:52] {Threei{ CSIQ 19 long half lot
[09:52] {bruce{ range is pretty nasty
[09:52] {Threei{ .85 stop
[09:52] {dino{ aet stopped -.31
[09:53] {Threei{ not sure here bruce
[09:53] {Threei{ want to see nice juicy drop first
[09:54] {bruce{ k
[09:54] {Threei{ like this
[09:54] {bruce{ wow - nasty aapl shake
[09:55] {Threei{ in .29
[09:55] {Threei{ stop .19
[09:56] {Threei{ out +.40
[09:57] {bruce{ nice trade vad
[09:57] {bruce{ that aapl is one nasty stock
[09:57] {esemde{ OUT ANIV... .62 - .03
[09:57] {Threei{ RIMM short is available again
[09:58] {esemde{ not sure of it's direction now
[09:58] {bruce{ so the play for you was long on strngth with finger on exit immediately if it didn't continue long?
[09:58] {Threei{ on AAPL? it's always like this with these supervolatile ones
[09:59] {Threei{ RIMM .50 break short with stop above .70
[09:59] {bruce{ k - I don't like aapl first thing - pretty much always get stopped in it
[10:00] {Threei{ invalidated
[10:00] {cosmo{ csiq
[10:00] {Threei{ BRCM long .13
[10:00] {Threei{ .99 stop
[10:01] {magoo{ in
[10:02] {dino{ apol sm l .50
[10:03] {bruce{ gutsy dino - I wouldn't try long here in apol
[10:04] {dino{ shfl
[10:07] {esemde{ short QID 54.23
[10:08] {esemde{ 1/2 lot
[10:09] {dino{ apol stop to .90
[10:09] {dino{ :)
[10:09] {dino{ out .91 +.41
[10:10] {bruce{ congrats dino
[10:10] {Threei{ market collapse in a graphic form:
[10:10] {bruce{ long on a spike like that - good read
[10:10] {Threei{ http://img215.imageshack.us/img215/9470/techfl5.gif
[10:10] {dino{ lucky
[10:10] {dino{ gut feel down hard yesterday
[10:10] {esemde{ ARGH......OUT .21 +.02 hmmmm
[10:11] {bruce{ fmcn possible long dino - volatile
[10:11] {Chaeron{ Vad - lol
[10:11] {esemde{ doesn't work like a stock for sure
[10:11] {dino{ yes, i missed it at 34.25
[10:11] {bruce{ agreed - thought it would go long and tried earlier
[10:11] {dino{ down 8 or 9 yesterday
[10:13] {dino{ 34.75 area?
[10:14] {bruce{ yes - looks like good try about there to me dino
[10:16] {bruce{ if it breaks 36 we could possibly try long there w stop to .78
[10:16] {dino{ tmx rollingover
[10:17] {dino{ s .50, stop .71
[10:20] {Threei{ ADMIN14 --{ (All): The issue regarding the short list has been resolved
[10:21] {Threei{ MER half lot short 43 break if stays under .20
[10:22] {Threei{ 1:1 MER
[10:23] {Threei{ 1;2, me out
[10:23] {magoo{ cover .61 TY
[10:23] {Threei{ welcome sir
[10:24] {Threei{ that was easy
[10:24] {Chaeron{ MER in .99 out .57 + .42 ... muchas thanks Vad
[10:25] {dino{ pery s .67, stop .01
[10:25] {dptl{ mer +.21 ty
[10:28] {Threei{ welcome guys
[10:29] {Threei{ BRCM stop to .04
[10:31] {Threei{ BSC...
[10:31] {Threei{ interesting things happen
[10:31] {curtisweese{ s aapl 129.34
[10:31] {curtisweese{ or not!
[10:32] {GeoArb{ they just claimed ther value is 22
[10:32] {Threei{ and working on blocking the buyout
[10:33] {curtisweese{ out aapl short +.10
[10:35] {curtisweese{ l aapl 129.24
[10:36] {curtisweese{ out aapl +.15
[10:37] {curtisweese{ s aapl 129.50
[10:37] {curtisweese{ out -.07
[10:39] {Threei{ RIMM 102 brealk long
[10:39] {magoo{ feels 130+ coming aapl
[10:39] {magoo{ in off .50
[10:40] {Threei{ aggressive entry here RIMM with stop under .70
[10:40] {Threei{ .81 trigger
[10:41] {Threei{ if you took it aggressively, look to exit half around 102 and keep half for break
[10:42] {Chaeron{ in .79
[10:43] {dino{ pery stopped -.35
[10:43] {magoo{ i took .79 vad
[10:43] {Threei{ you already have over 1:1, lol
[10:43] {Threei{ beauty of aggressive entries
[10:44] {curtisweese{ l aapl 129.74
[10:44] {Threei{ NASDAQ looks breaky
[10:44] {Chaeron{ just to make sure... breaky down or breaky up?
[10:45] {Threei{ no workty
[10:46] {Chaeron{ stopped .69
[10:47] {magoo{ thoughts BRCM vad?
[10:48] {dino{ tmx stopped -.05
[10:48] {Threei{ no thoughts
[10:48] {Threei{ it works or it doesn't
[10:48] {Threei{ .04 stop
[10:48] {bruce{ still in tmx dino moved stop to .6
[10:48] {Threei{ shakeout RIMM...
[10:49] {curtisweese{ out aapl +.14
[10:50] {curtisweese{ s aapl tight stop!!!
[10:51] {Threei{ BSC going back to 60?
[10:52] {dino{ fmcn l .75
[10:53] {curtisweese{ out -.08
[10:53] {Threei{ jeez
[10:53] {Threei{ MF
[10:53] {Threei{ .50 break long half lot
[10:54] {Threei{ .29 stop
[10:54] {dino{ stop to .17
[10:54] {dino{ out, +.42
[10:55] {dino{ too tight
[10:55] {Threei{ stopped
[10:55] {Chaeron{ -.27 on MF
[10:55] {curtisweese{ s aapl
[10:55] {curtisweese{ 129.70
[10:57] {judi{ Judi and Jim signing on Good Morning, we took RIMM at 102 ty
[10:58] {Threei{ judi :)
[10:58] {bruce{ nice play fmcn for you dino - got stopped twice in it
[10:59] {curtisweese{ out aapl short +.24
[11:00] {esemde{ judi judi judi.....!!!!
[11:00] {curtisweese{ L aapl 129.50
[11:00] {curtisweese{ tight stop!
[11:01] {curtisweese{ handle of the cup ;)
[11:01] {tomg{ ignore feature is useful
[11:02] {ThurstonHowellTheThird{ does it work tomg?
[11:02] {GeoArb{ heh tomg ... i read the help on it
[11:02] {tomg{ yep
[11:02] {tomg{ right click on nick
[11:02] {Threei{ of course Geo, why do you think magoo never pays any attention to me
[11:02] {tomg{ control/ignore
[11:02] {ThurstonHowellTheThird{ thx a million tomg :)
[11:02] {tomg{ welcome:)
[11:03] {Threei{ solf
[11:03] {tomg{ ty rimm vad
[11:03] {Threei{ welcome tom
[11:05] {Threei{ I have to leave for 30-40 min guys, driving guest to airport
[11:05] {Threei{ poor thing goes back to frozen snowy Toronto
[11:05] {Chaeron{ drive safe
[11:06] {Threei{ don't corner all cotton there is
[11:06] {Chaeron{ cotton futs are risky :)
[11:07] {curtisweese{ out aapl +.30
[11:07] {curtisweese{ darn...way too early
[11:08] {bruce{ fwlt long dino?
[11:11] {Chaeron{ PZZA - CEO: PIZZA INDUSTRY STRUGGLING MORE NOW THAN AT START OF THE YEAR
[11:15] {curtisweese{ s aapl 129.57
[11:16] {dino{ ultr s .24, stop .51
[11:16] {dino{ fwlt dk
[11:17] {bruce{ k dino
[11:20] {dino{ thing should be 60, but trades hard
[11:20] {dino{ and there it goes
[11:21] {curtisweese{ out aapl short +.30
[11:22] {dino{ fmcn l .75
[11:22] {curtisweese{ l aapl 129.39
[11:22] {curtisweese{ tight stop!
[11:22] {curtisweese{ scalp on this one
[11:23] {curtisweese{ out +.20
[11:23] {curtisweese{ timed that one perfect
[11:24] {dino{ hod dji
[11:27] {magoo{ any one else held hostafge with me?
[11:27] {ThurstonHowellTheThird{ brcm?
[11:27] {magoo{ yep
[11:27] {dptl{ me
[11:27] {ThurstonHowellTheThird{ yep
[11:28] {ThurstonHowellTheThird{ setting oms (stop module)
[11:32] {bruce{ ibkr looks longon break of 26.50
[11:33] {curtisweese{ l aapl 129.88
[11:33] {curtisweese{ tight stop...might drop fast here
[11:34] {curtisweese{ not looking good :(
[11:35] {dino{ good chart
[11:35] {dino{ ibkr
[11:36] {bruce{ yes - watching it dino - tricky - may retreace to near 36 imo
[11:36] {bruce{ 26 rather
[11:37] {dino{ or both, lol
[11:38] {bruce{ lol
[11:38] {bruce{ I like it - but jerky trader
[11:39] {bruce{ thoughts on entry?
[11:40] {ThurstonHowellTheThird{ in IBKR 26.01 stop under 25.99 ?
[11:40] {dino{ fmcn stop to .99
[11:40] {curtisweese{ come on aapl!!!
[11:41] {dino{ stopped +.24
[11:42] {curtisweese{ out on aapl +.12
[11:42] {dino{ nnds
[11:43] {curtisweese{ sheesh aapl is either a big short here or a big long.... i don't know which
[11:45] {curtisweese{ l aapl
[11:48] {curtisweese{ 130.10 entry for me tight stop .....scalp i guess if i can get it
[11:49] {curtisweese{ out aapl +.18
[11:49] {dino{ xrtx
[11:52] {Threei{ back
[11:52] {Chaeron{ BSC tried to run without you
[11:52] {Threei{ tried?
[11:52] {Threei{ looks like it succeeded :)
[11:53] {GeoArb{ somethign about bondholders buying bsc so that they can vote for the buyout
[11:53] {dino{ fmcn fast drop
[11:56] {bruce{ fmcn looks to have support near 35 - watching to see if holds
[11:56] {Threei{ ese, you in AINV still?
[11:57] {curtisweese{ s aapl.....risky 129.85 i think we get a market drop here.....my opinion only :)
[11:58] {curtisweese{ out aapl short $.20!
[11:59] {curtisweese{ out way too early on that one
[12:00] {curtisweese{ l aapl `129.49
[12:01] {bruce{ add artc to watch dino
[12:01] {dino{ ok
[12:03] {curtisweese{ vad, aapl? i'm in at 129.49....your thoughts? looks like a .40 to me if i don't stop out?
[12:04] {curtisweese{ stop city coming
[12:04] {Threei{ stop under .30?
[12:04] {curtisweese{ .25
[12:04] {Threei{ don't overthing it
[12:04] {Threei{ let it trade and tell you what it's going to be
[12:04] {Threei{ profit - fine, loss- whatever
[12:05] {bruce{ trying artc long
[12:06] {dino{ not enough imo
[12:07] {curtisweese{ here we go.....come on!!!
[12:08] {curtisweese{ out aapl made .14
[12:09] {Threei{ 102 break tempting short RIMM
[12:09] {Threei{ so far resistace .25
[12:09] {Threei{ maybe forms something closer for tighter stop
[12:10] {curtisweese{ s aaapl 129.71
[12:10] {bruce{ took your advice - out artc flat
[12:10] {dino{ trust your gut, not mine
[12:12] {curtisweese{ out aapl short made .11
[12:14] {dino{ sm l fmcn .97, wide
[12:16] {curtisweese{ i made my goal but don't want to leave :(
[12:17] {bruce{ emkr dino
[12:19] {dino{ whats your goal curtis
[12:20] {curtisweese{ $500
[12:20] {dino{ gj
[12:21] {dino{ take a break
[12:21] {curtisweese{ i need to go to my real job....hehehe
[12:21] {dino{ emkr off of .50?
[12:21] {curtisweese{ aapl at day high....looking to short one time
[12:21] {Threei{ BSC making me seasick
[12:22] {Threei{ EMKR HEARING DEFENDED AT JEFFERIES
[12:23] {bruce{ I'd like to see a small pullback dino
[12:23] {dino{ you're tough to please...:)
[12:24] {bruce{ lol - just try to keep stops small - lloks good as long candidate
[12:25] {bruce{ fading a bit - want to see .18 hold in it
[12:26] {dino{ l here, w/stop lod
[12:27] {bruce{ l now at .43 stop .18
[12:29] {dino{ having alot of rtouble w/.50
[12:32] {bruce{ my target 7.8dino
[12:35] {curtisweese{ market up or down from here?
[12:35] {Threei{ got a coin handy?
[12:35] {Threei{ BRCM over 1:1
[12:36] {curtisweese{ s aapl gonna go for it
[12:36] {Threei{ I am out +.14
[12:36] {curtisweese{ missed my entry...grrrrrr
[12:36] {Threei{ now, fess up you whiners... who gave up and abandoned BRCM?
[12:37] {magoo{ I HATE THOSE
[12:37] {magoo{ left @ .06 for LOSS
[12:37] {Threei{ I'll never understand it :)
[12:38] {magoo{ out EMKR @ .74
[12:38] {curtisweese{ s aapl 130.17
[12:39] {Threei{ stop trailed to .04, stock is slow, ssfe, thick enough to not make you watch it tick by tick... why not set stop and go about other business
[12:39] {curtisweese{ out....too scary... -.02 lol
[12:40] {dptl{ out brcm+.20 about time ty
[12:40] {Threei{ whew
[12:40] {dptl{ yeah
[12:40] {Threei{ someone managed to profit from it
[12:40] {dptl{ patience patience:)
[12:42] {bruce{ nice mags
[12:42] {magoo{ your call and dino, went w/ya
[12:42] {Threei{ magoo... dp will lecture you about patience as a virtue today after hours
[12:43] {bruce{ I didn't play it well - dumped at .60 on retrade - should have tken your exit or held
[12:44] {magoo{ i know boss...:) actually, i was in it for hours
[12:44] {magoo{ thought patience was good
[12:46] {dino{ emkr stop to .47
[12:48] {dino{ emkr out +.07\
[12:49] {curtisweese{ s aapl 130.64
[12:50] {bruce{ k dino - glad it was + for you
[12:50] {bruce{ still potential for another run if these retrace levels hold
[12:53] {curtisweese{ out on short made .08 only :(
[12:54] {Threei{ poor thing
[12:54] {Threei{ my heart goes out to you
[12:55] {curtisweese{ :P
[12:56] {curtisweese{ l aapl then! 130.85
[12:58] {curtisweese{ out -.04
[13:00] {Threei{ 7.11 long BSC
[13:00] {Threei{ 6.99 stop
[13:01] {magoo{ in
[13:05] {magoo{ rimm long vad?
[13:05] {Threei{ on .50 break?
[13:06] {Threei{ looks promising
[13:06] {magoo{ yeah w/mkt help
[13:06] {Chaeron{ I get in and BSC goes sideways for first itme
[13:07] {Threei{ if it works, .30 - .50 should be reachable
[13:07] {Threei{ it doesn't, 12 cents stop
[13:07] {Threei{ {shrug{
[13:10] {magoo{ bsc stopped
[13:10] {dino{ out fmcn .37, +.40
[13:11] {Threei{ Fed day is tougher than last week or tweo
[13:11] {Threei{ let's ee if RIMM works
[13:11] {Chaeron{ in
[13:11] {Chaeron{ .51
[13:12] {dino{ ultr cov .10, +.14, all dayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
[13:12] {Threei{ lol
[13:12] {curtisweese{ bsc running...jeez
[13:12] {magoo{ RIMM lagging aapl
[13:14] * Threei kicks RIMM in the rear with heavy duty steel-toed army boots
[13:15] {Threei{ half out RIMM +.21
[13:16] {Threei{ stop .45 for the balance
[13:16] {magoo{ out .87 here
[13:16] {magoo{ TY
[13:16] {Threei{ what ty... your find, lol
[13:17] {magoo{ just for being u...: )
[13:17] {Threei{ out 1/4 more +.40
[13:17] {Threei{ for kicking RIMM in the rear... I got it
[13:17] {Chaeron{ out in full 0.87 +.36
[13:17] {Chaeron{ thanks again Vad
[13:18] {Threei{ 1 hour till fed
[13:20] {bruce{ fmcn looks long again dino
[13:20] {dino{ y
[13:21] {bruce{ nervous about trading it - stopped twice
[13:21] {bruce{ good chance for bounce ner 35 imo
[13:22] {Threei{ stop to .65 last porftion RIMM
[13:23] {Threei{ no way I am holding anything but sandwich when Fed come out with 2% rate hike
[13:24] {bruce{ lol - you think bernanke has a mean streak?
[13:25] {Threei{ I think he doesn't care... he is going to be eaten alive and he knows that :)
[13:26] {magoo{ i have apptmt..have to leave soon..will not be back..THANX everybody
[13:26] {Threei{ uh oh
[13:26] {Threei{ we are in troubles
[13:26] {Threei{ voulme in the market dries up greatlty every time magoo leaves
[13:27] {bruce{ take care mags
[13:27] {Threei{ lum is not here, and if curtis goes away for the day, market is toast
[13:27] {curtisweese{ s aapl 131.24
[13:28] {curtisweese{ out made .12
[13:30] {curtisweese{ think market will sell of in front of fed
[13:34] {curtisweese{ s aapl 131.16
[13:35] {dptl{ usu?
[13:37] {Threei{ what do you see in USU dp?
[13:37] {Threei{ so narrow... not sure it can do anything
[13:38] {dptl{ type 1 scalp ma ybe big offer .71
[13:38] {bruce{ vad reqad on pcar as long?
[13:39] {curtisweese{ out aapl short made .30
[13:39] {dptl{ i am just bored waiting for fed .....can't find popcorn ...damn
[13:40] {Threei{ .05 for a scalp maybe bruce
[13:42] {bruce{ k- you don't sound too confident - passing on it
[13:42] {Threei{ yeah, kind of meh trade
[13:42] {curtisweese{ s aapl 131.10
[13:42] {Threei{ can take, can ignore, depneding on degree of boredom
[13:46] {bruce{ lol - boredom tradingis for curtis
[13:46] {dino{ lol
[13:49] {Threei{ PREVIEW: FOMC RATE DECISION DUE OUT AT ABOUT 2:15PM
**consensus expectation is for a 75 bps cut to 2.25%, though economists are about evenly split on expectations for 50, 75 and 100 bps. Most of the recent revisions to estimates have been favoring a 100 bps cut.
[13:49] {Threei{ - Some analysts are calling for a 50 bps cut today, massaged by a discussion of all the other extraordinary actions the Fed has taken to support the functioning of the credit markets. Some speculate the FOMC could even stipulate that it will hold an intra meeting policy review between now and May 9th meeting, to emphasize 'it will act in a timely manner', while blunting the perception that further intra-meeting moves are emergency actions.
[13:53] {curtisweese{ out lost .08
[13:53] {Threei{ curtis... too close to fed time now, keep powder dry
[13:54] {curtisweese{ you got it!
[13:54] {curtisweese{ we going to have a short or long ready once fed makes announcement?
[13:54] {Threei{ GGP
[13:54] {Threei{ UPDATE: CORPORATE CREDIT RATING CUT TO JUNK AT S&P ; AFFECTS ABOUT $5B OF DEBT
[13:55] {bruce{ nice long action in apol tady dino
[13:55] {bruce{ was hared to peg entreis though
[13:57] {Threei{ shirted a bit GGP, covered +.30... tough player
[13:57] {dino{ y
[13:57] {curtisweese{ i think market tanks after fed....priced in 100 pts already....market drops.....anything less and market gets nervous and drops....your thoughts?
[13:58] {Threei{ it sounds logical
[13:58] {Threei{ I just don't know how much logic applies in such nervous times
[13:58] {curtisweese{ i'm going to have aapl or rimm short ready i guess
[13:59] {Threei{ just don't chase too far, and remember how volatile they get after Fed decision
[13:59] {Threei{ countermoves come quickly and are very violent
[13:59] {Threei{ cut donw size
[14:00] {curtisweese{ he will prolly cut it 1.25 just to mess with me
[14:00] {Threei{ I am all for rate hike
[14:04] {curtisweese{ s aapl 130.92
[14:05] {curtisweese{ out made .24
[14:06] {dino{ tleo
[14:06] {curtisweese{ knew it would sell of....too early exit
[14:06] {curtisweese{ or maybe not!
[14:07] {dino{ emkr ouch
[14:07] {curtisweese{ s aapl 130.80
[14:07] {curtisweese{ omg!
[14:08] {curtisweese{ out made .40
[14:08] {curtisweese{ wow
[14:10] {curtisweese{ 1 more time s aapl 130.57
[14:11] {curtisweese{ out made .11
[14:11] {curtisweese{ ok that's it......
[14:11] {Threei{ ah come on, 4 more min
[14:11] {Threei{ you can make 8 more trades
[14:11] {dptl{ lol
[14:11] {curtisweese{ hahahah
[14:12] {curtisweese{ i almost went long right there, but reason reared its ugly head
[14:12] {bruce{ what prmpted second short at .80 curtis? - wprked great but I don't see any reason for that entry
[14:13] {Threei{ itching finger? :)
[14:13] {curtisweese{ i believed that it would sell off, so just shorted and got out and went it went back up from people buying at dip, i shorted again...just looking for scalps
[14:13] {curtisweese{ luckily i got out before a 4th one as buyers came back in
[14:13] {Threei{ 2 min
[14:14] {bruce{ k- thought so -
[14:14] {curtisweese{ i'd say short here too....lol 130.82 with a tight stop finger ready
[14:14] {Threei{ 1 min
[14:14] {bruce{ glad it worked
[14:14] {Threei{ *FOMC CUTS TARGET RATE 75 BPS TO 2.25%
[14:14] {dino{ .75
[14:15] {bruce{ k
[14:15] {bruce{ big cut
[14:15] {curtisweese{ s aapl DARN!!! didn't get my fill
[14:15] {Threei{ OUTLOOK FOR ECONOMIC ACTIVITY HAS WEAKENED FURTHER
- Vote 8-2, Fisher, Plosser dissented
[14:15] {Threei{ - Financial markets are under considerable stress
[14:16] {dino{ tleo
[14:17] {curtisweese{ ouch...that sucked....hit short and missed my fill by .01 cuz it dropped sooooo fast.....would have had almost $1
[14:17] {curtisweese{ but didn't lose money, so i'm happy
[14:18] {judi{ we made +.66 short out before bounce on rimm///TY done for day
[14:18] {Threei{ good job judi
[14:19] {Threei{ wow
[14:19] {curtisweese{ wow ...market doesn't know what to do
[14:19] {Threei{ huge bounce RIMM
[14:19] {Threei{ [13:59] {Threei{ countermoves come quickly and are very violent
[14:22] {Threei{ Says uncertainty on inflation outlook as increased, indicators of inflation expectations have risen and will monitor inflation developments carefully, expects inflation to moderate in coming quarters
[14:22] {Threei{ - Says Labor markets have softened, and Fed will act in timely manner to promote growth, price stability
[14:22] {Chaeron{ key word - violent :)
[14:23] {curtisweese{ s aapl 131.04
[14:23] {curtisweese{ out made .34
[14:24] {curtisweese{ so much more there, but it is moving too fast to count on
[14:25] {Threei{ sit it out
[14:25] {curtisweese{ i'm out now
[14:28] {bruce{ whatever works vad - if he can trade that stuff and make money then so be it - curtis seems to have a tlanet for those volatility plays
[14:28] {curtisweese{ luck
[14:28] {curtisweese{ learning while gambling basically...lol
[14:29] {curtisweese{ l aapl 129.89
[14:30] {curtisweese{ out lost .06
[14:30] {curtisweese{ too scary
[14:31] {curtisweese{ crap....a second too early
[14:31] {dino{ tleo s .80 sm
[14:32] {bruce{ q's at lod
[14:32] {curtisweese{ s aapl 129.54
[14:33] {curtisweese{ out!
[14:33] {curtisweese{ made .40!!!
[14:33] {curtisweese{ wow...got out at .14...that is lowest i see
[14:36] {curtisweese{ s aapl 129.70
[14:37] {bruce{ long bounce near imo
[14:37] {curtisweese{ out
[14:37] {curtisweese{ made .29!
[14:38] {curtisweese{ okay, i really have to go now. bye everyone i'm learning slowly
[14:38] {Threei{ take care curtis, good job
[14:38] {bruce{ bye curtis - congrats
[14:39] {dino{ clda
[14:39] {curtisweese{ thanks! i made 3 times my amount...even when I accidentally bought 20000 shares of bsc instead of 2000 and it went down before i could bail :( I've never been so scared
[14:39] {curtisweese{ i think i pooped my pants a little on that one
[14:40] {dino{ gotta hop, hard bstop tleo .71, back at 3:10
[14:40] {bruce{ geez
[14:41] {curtisweese{ s aapl one more time 130.25
[14:41] {curtisweese{ omg...out! made .28!
[14:41] {curtisweese{ i am on fire
[14:42] {bruce{ thought you were referring to leaving when you said gotta go dcurtis
[14:42] {curtisweese{ i barely have time to type it before i get out....lol
[14:42] {curtisweese{ okay okay
[14:42] {bruce{ teasing
[14:43] {curtisweese{ man it looks like another aapl short here.....i wo't do it...leaving...take care everyone
[14:49] {Threei{ state of total and absolute confusion in the market, lol
[14:56] {Threei{ exit doors for shorts are getting crowded
[14:58] {bruce{ bsc long break try vad?
[14:58] {Threei{ it doesan't follow the market
[14:59] {Threei{ its own chart looks right
[14:59] {Threei{ if holding above .35
[14:59] {bruce{ whats your feel - thinking .53 break w 13stop
[14:59] {bruce{ k
[15:05] {Threei{ FBI OFFICIAL: MORTGAGE PROBE NOW INTO 17 COMPANIES, UP FROM 16, MAINLY BIG FIRMS - OFFICIAL COMMENTS
- Declines to comment to on whether Bear Sterns collapse a focus of a probe
[15:05] {Threei{ - US mortgage probe could take years to resolve
[15:05] {Threei{ - All phases of securitazation process being examined in mortgage probe
[15:07] {Threei{ why when looking at this market I see cosmo kramer
[15:07] {Threei{ giddy-up!
[15:07] {Threei{ was there any single analyst who would have predicted such rally after .75 cut?
[15:11] {dino{ no and they all said less than 1, drop
[15:11] {dino{ back, tleo stopped flat
[15:11] {dino{ and now it works
[15:11] {Threei{ wow... MLCO lost it
[15:11] {Threei{ I tried to scalp LEH breask of 45
[15:11] {Threei{ trade was questionable, decided not to call it
[15:12] {Threei{ got 45.08 long
[15:12] {Threei{ send sell 45.35 when it spiked
[15:12] {Threei{ MLCO filled me at 45.45
[15:12] {Chaeron{ It's that Nigerian fund account you have there... they like you
[15:12] {Threei{ lol
[15:13] {Threei{ I don't even see it on chart, high is shown as 44.44, and highest I saw on quotes was .38
[15:13] {Threei{ not that I complain, mind you
[15:14] {Chaeron{ naaaa. just like Hillary's futures account... gave her prices that never were there :)
[15:16] {Threei{ do we have more fuelk or not
[15:16] {Threei{ AAPL looks like long with stop under .50
[15:17] {Threei{ but the odds in this kind of market are impossible to estimate
[15:17] {Threei{ pulled back right into support
[15:17] {Threei{ anyone grabbed it?
[15:17] {hawkfan4{ got .54
[15:17] {Threei{ half out
[15:18] {hawkfan4{ 1/2 out
[15:18] {Threei{ and let's see what happens
[15:18] {Threei{ your stop is negligible
[15:18] {Threei{ quite worthy trade in my book
[15:18] {Threei{ good reflexes btw
[15:18] {hawkfan4{ :)
[15:18] {Threei{ you got on exit something like .80?
[15:19] {hawkfan4{ .77
[15:19] {Threei{ beautiful trade
[15:19] {hawkfan4{ stop .48 on the rest
[15:19] {Threei{ magoo, lumdus and curtis would have been proud of us
[15:20] {dino{ gj
[15:20] {Threei{ 132.15 my dream exit
[15:22] {Threei{ out
[15:22] {Threei{ 1 cemnt under the high of spike
[15:23] {Threei{ ask me how I picked it
[15:23] {ThurstonHowellTheThird{ how?
[15:23] {Threei{ I have no idea
[15:23] {ThurstonHowellTheThird{ lol
[15:23] {Threei{ out hawk?
[15:23] {hawkfan4{ out .16 :)
[15:23] {Threei{ beautiful
[15:24] {bruce{ thoughts on klac long vad?
[15:24] {bruce{ drat - we missed second long move emkr dino
[15:24] {Threei{ not sure bruce
[15:24] {bruce{ k - thanx vad
[15:24] {Threei{ looks almost right
[15:25] {bruce{ agreed - but late in day after pretty bigmove - sop still a coin tos trade to me - wanted your opinion
[15:25] {Threei{ something bothers me about it but I can't put a finger on it
[15:25] {dino{ sm fmcn l .80
[15:29] {Threei{ too bad magoo isn't here... I wanted to tease him about BRCM
[15:31] {dino{ sm l clda .12
[15:35] {dino{ out fmcn .20, +.40
[15:36] {bruce{ nice dino
[15:36] {Threei{ USD is rallying on .75 rate cut
[15:36] {Threei{ Gold is dropping on it
[15:36] {Threei{ these are trying times for common sense :)
[15:37] {dino{ ty bruce
[15:38] {dino{ dogs and cats, living together in sin
[15:40] {bruce{ whats wrng w that? - I like sin
[15:41] {dino{ nnds
[15:41] {dino{ live in sin, come on in
[15:42] {Threei{ RIMM
[15:42] {dino{ strom of the century, king
[15:42] {Threei{ 105 break for crazy traders
[15:42] {Threei{ I knew it sounded familiar dino
[15:43] {dino{ we're going to have to sell this rally
[15:44] {Threei{ if it comes back and breaks, stop will be set by the low of this pullback
[15:45] {Threei{ come on RIMM
[15:46] {dino{ clda stop to .59
[15:46] {Threei{ nope, doesn't want to
[15:47] {dino{ to .66
[15:47] {dino{ to .72
[15:47] {dino{ out slip to .71,
[15:48] {dino{ +.59
[15:49] {dino{ sm s nnds .99, stop hod
[15:50] {dino{ hmm, stopping it
[15:51] {Threei{ crazy finish of a cazry day
[15:52] {Threei{ JPM MAINTAINS REGULAR DIVIDEND OF $0.38/SHR- The dividend is payable on April 30 to stockholders of record at the close of business on April 4.
[15:52] {Threei{ thank you all
[15:52] {Threei{ have a good evening, this day deserves a good rest
[15:53] {Threei{ see you tomorrow
[15:53] {ThurstonHowellTheThird{ bye y'all
[15:53] {dptl{ have a good evening all
[15:53] {dino{ thx all, good job today
Monday, March 17, 2008
Mar 17 2008
Session Time: Mon Mar 17 00:00:00 2008
[08:30] {Threei} *Q4 CURRENT ACCOUNT BALANCE: -172.9B$ V -$183.8BE
- Prior revised from -$178.5B to -177.4B$
[08:31] {Threei} MAR EMPIRE MANUFACTURING: -22.2 V -7.4E (LOWEST SINCE JULY 2001)
[08:32] {lumdus} good morning vad. woke up early today, wanted to see bsc. damm, the poor folks. i assume today we end down +500 Point in the dow
[08:32] {Threei} hi lum
[08:32] {Threei} this is stunning
[08:32] {Threei} I sincerely hope no one I know held BSC
[08:32] {Threei} look ar LEH and MER
[08:33] {lumdus} yes, i see all the banks. c, jpm etc.. all in the toilet , flushing
[08:33] {Threei} JPM is actually strangely strong
[08:34] {Threei} and what business does BSC have trading above 3 while being bought for 2... new form of denial among traders?
[08:35] {lumdus} i wont be here for the open. have to run an erand. should be back before 10
[08:35] {lumdus} right i am wondering that also.
[08:35] {lumdus} Vad, first if the shareholders don't agree to 2.00 then there is no deal.
[08:35] {Threei} their alternative is bankruptsy
[08:36] {Threei} good luck disagreeing
[08:36] {lumdus} vad, not me. i have no shares in any bank at all.
[08:36] {lumdus} you know where my money is now
[08:44] {magoo} morniung
[08:44] {Threei} hi mags
[08:45] {lumdus} vad, is today the worst day that you remember pre-market ?
[08:45] {magoo} vad, can u imagine buying andf holding BSC premkt friday at 65??
[08:46] {Threei} gives me creeps magoo
[08:46] {cosmo} TSATA was worse imho
[08:46] {Threei} I guess so lum... my long term memory is not so good though
[08:46] {Threei} (not that my short term memory is much better)
[08:47] {Threei} and magoo... stay assured that every time you express remorse about not holding something overnight I will remind you about BSC :)
[08:48] {Threei} IVAN
[08:48] {Threei} INITIATES MAJOR RESTRUCTURING IN PREPARATION FOR MULTIPLE, COMMERCIAL HTL HEAVY-OIL PROJECTS
[08:49] {Threei} HTL?
[08:50] {Threei} have a look at this piece of news just a week ago:
[08:50] {Threei} BEAR STEARNS DENIES LIQUIDITY RUMORS
[08:50] {Threei} NEW YORK – New York – March 10, 2008 — The Bear Stearns Companies Inc. today denied market rumors regarding the firm's liquidity. The company stated that there is absolutely no truth to the rumors of liquidity problems that circulated today in the market.
[08:50] {Threei} Alan Schwartz, President and CEO of The Bear Stearns Companies Inc., said, "Bear Stearns' balance sheet, liquidity and capital remain strong."
[08:51] {cosmo} strong smell, maybe
[08:52] {magoo} he probably will be investigated for fraud vad, and yeah, i never ever ho.d anything overnite
[08:52] {cosmo} SLV off 2% fyi
[09:01] {cosmo} ARNA, CRME
[09:02] {dptl} good morning all
[09:02] {Threei} dp :)
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {Threei} LEH
[09:04] {Threei} MOODY'S OUTLOOK TO STABLE FROM POSITIVE
[09:05] {cosmo} is Stable better?
[09:05] {Threei} no such word today
[09:05] {GeoArb} gm all
[09:05] {Threei} Geo :)
[09:05] {Threei} vocabulary today is limited to:
[09:06] {Threei} bad
[09:06] {Threei} worse
[09:06] {Threei} worst
[09:06] {GeoArb} so are we trading with our depends on today?
[09:06] {cosmo} good, better....best
[09:06] {Threei} for creative minds, badder
[09:06] {Threei} LEH is dumping
[09:07] {Threei} MER will follow the suit I guess
[09:08] {dino} no depends guys, today should be fun, be patient
[09:09] {Threei} one thing I want you to do before market opens guys,
[09:09] {Threei} read this:
[09:09] {Threei} http://www.realitytrader.com/blog/2008/03/history-teaches-us.html
[09:11] {bruce} stable is a downgrade cosmo
[09:12] {cosmo} k
[09:12] {magoo} won't open vad for me or dino
[09:12] {Threei} try http://realitytrader.com/blog/2008/03/history-teaches-us.html
[09:13] {magoo} nope, that either
[09:13] {GeoArb} interesting
[09:13] {GeoArb} i read it
[09:15] {esemde} good morning....conecting automatically....this is a good thing
[09:16] {Threei} ese :)
[09:16] {Threei} LEH CEO: FED'S ACTIONS TAKE LIQUIDITY ISSUE 'OFF THE TABLE' - WIRE CITES E-MAILED STATEMENT
[09:16] {Threei} can you reach homepage magoo?
[09:16] {Threei} with or without www
[09:18] {Threei} anyone else?
[09:20] {Threei} wake up guys, can you reach that address?
[09:20] {dptl} i can
[09:20] {tomg} i can
[09:20] {dptl} no prob
[09:20] {patience} works great
[09:21] {Threei} ty
[09:22] {esemde} just got it Vad
[09:22] {Threei} :)
[09:22] {magoo} i cant vad
[09:23] {magoo} plus, it crashed my system
[09:23] {Threei} huh?
[09:23] {magoo} i had to reboot, just getting back up
[09:23] {cosmo} it comes up on Netscape just fine
[09:24] {lumdus} nice article vad
[09:24] {lumdus} so why is leh going down also ?
[09:24] {Threei} gosh
[09:24] {Threei} what isn't
[09:24] {ThurstonHowellTheThird} gm all
[09:25] {dino} no 3i
[09:26] {dino} .
[09:26] {Threei} hi thtt
[09:27] {Threei} something on the side of your and magoo ISP then dino... but if it's a dns issue, then address without www should word
[09:28] {magoo} ill have to leave it alone for now, do not want system freeze here at open
[09:28] {Threei} yes mags
[09:28] {Threei} stay calm and patient guys
[09:29] {Threei} do not jump intho the mess we are about to see right away
[09:29] {Threei} let the dust settle down, safety is major consideration on the day like this
[09:29] {lumdus} ok
[09:29] {dino} .
[09:29] {esemde} good post Vad...i'll heed that stay and patient stuff......
[09:29] {bruce} except dino ofcourse
[09:29] {lumdus} just put order for bsc @ 1.00 and you be fine :)
[09:29] {bruce} and lum
[09:30] {Threei} ty ese
[09:30] {cosmo} ARNA tests @ 7 needs to hold 6.85 imo
[09:30] {Threei} BSC daily looks surreal
[09:30] {dino} ?bruce
[09:31] {bruce} joking dino - about letting dust settle
[09:32] {dino} ahh
[09:32] {magoo} leh didn't recover much w/that qqq spike
[09:33] {dino} watchoing de, cat, fwlt
[09:33] {lumdus} suprised the dji only down 180
[09:34] {magoo} ewell...its early
[09:36] {magoo} WOW..LEH big bounce now vad
[09:37] {lumdus} why in the world would bsc bee at 3.70 ? didn't everybody read the news today ?
[09:37] {Threei} mystery to me too lum
[09:38] {GeoArb} overnight short covering?
[09:38] {lumdus} maybe the delievery boy didn't give everybody the paper yet.
[09:38] {Raven} 3 because the BSC employees own a substantial portion of ther stock and they can prolly kill the deal
[09:38] {cosmo} ARNA tests @ 7 fwiw
[09:38] {Raven} 3 so BSC will be shopped around for a higher price
[09:39] {Raven} 3 and there are other interested buyers
[09:39] {magoo} vads ignoring me ..sigh
[09:40] {Threei} 7 worth a try on ARNA
[09:40] {dino} and if i were short i'd be covering anyway
[09:40] {Threei} stop under .80
[09:43] {magoo} in btw
[09:43] {bruce} resistnace near .20 vad
[09:44] {Threei} scalpers can keep stop .89
[09:44] {magoo} 7.06 inet huge
[09:44] {magoo} and gone he he
[09:45] {Threei} woohhooo:
[09:45] {Threei} PRES BUSH: SUPPORTS FED ACTIONS TO BRING ORDER TO FINANCIAL MARKETS, GOVT WILL ACT WHEN NECESSARY- Says US capital markets are functioning 'efficiently'
[09:45] {curtisweese} OMG....YESSSSS
[09:45] {dino} atta boy "w"
[09:45] {magoo} thats "dubya" dino
[09:46] {curtisweese} i shorted 1000 shares of RIMM on Friday at close at 103.62 and just covered at 97.32!!!!
[09:46] {dino} you are suicidal
[09:46] {curtisweese} SOOOO risky
[09:46] {lumdus} the pres candidates better just start explaining how they expect to recover this economy
[09:46] {curtisweese} i did it and then tried to cancel it and it was too late, they had executed it already...i was soooo scared
[09:47] {dino} re-liquify curtis, and then another bubble somewhere
[09:47] {dino} they have already started
[09:47] {Threei} jeez curtis
[09:47] {curtisweese} i'm out now...i have work stuff this morning, so no trading for me
[09:47] {curtisweese} omg...that is a huge relief
[09:48] {magoo} curtis..just look at BSC and see what could happen
[09:48] {curtisweese} well i did short it....LOL
[09:48] {bruce} some support at .95 vad ok tpo move stop near there?
[09:48] {Threei} LEH long small here
[09:48] {Threei} stop under 32
[09:49] {Threei} in
[09:49] {curtisweese} i will be back tomorrow.....every market down and now us.....we might have a great day if things happen the way they have been!
[09:49] {Threei} I guess bruce
[09:50] {lumdus} leh ran
[09:50] {Threei} out LEH
[09:50] {Threei} +.37 I think
[09:51] {magoo} still trying to get out
[09:51] {Threei} I took .50 exit
[09:51] {lumdus} in gg 46.20 stop 46.04
[09:51] {magoo} i was at .65
[09:52] {Threei} greedy greedy
[09:52] {dino} l fwlt .95, stop .69
[09:53] {dino} stopped -.24
[09:56] {bruce} stopped arna
[09:57] {lumdus} l wye 39.89 stop 39.66
[10:00] {magoo} sheesh..stopped arena too
[10:00] {Chaeron} hi all
[10:00] {lumdus} jpm running
[10:00] {Threei} hi chaeron
[10:01] {dino} aet l .25, stop .97
[10:02] {Threei} morning maryaliceann, you made it
[10:02] {lumdus} out jpm + .48
[10:03] {dino} gj
[10:03] {maryaliceann} at last! .. thanks
[10:03] {Chaeron} nice lum... welcome maa
[10:04] {maryaliceann} that sounds good, should change lum to maa
[10:04] {dino} welcome to the jungle maa
[10:05] {Threei} so, why is JPM so happy
[10:05] {dino} short squeeze
[10:05] {lumdus} vad, i am not an anlysts, it showed up on my scanner so i went for it :)
[10:06] {dino} citigroup is next collapse, imo
[10:06] {Threei} MER .35 long small
[10:06] {lumdus} 2:1 on wye. I am still not selling yet
[10:06] {Threei} stop under 39
[10:07] {lumdus} dino, why you think citigroup next ?
[10:07] {dino} they are in a word of sh*t
[10:08] {_pit} any base in ARNA yet?
[10:08] {Threei} MER stop to .09
[10:08] {Threei} nah pit, forget it
[10:10] {Threei} did I get too greedy on MER?
[10:11] {GeoArb} i am out for 20 cents mer
[10:11] {GeoArb} .55
[10:11] {Threei} wtg
[10:12] {GeoArb} trying to erase arna
[10:12] {dino} strange dji only -56
[10:12] {Threei} scalper to the bone marrow eh
[10:12] {GeoArb} heh
[10:12] {Threei} and NQ is down just 20 points dino
[10:12] {Threei} no end of the world today?
[10:12] {Threei} or it's early? :)
[10:13] {Chaeron} shucks and I got all dressed up for it too...
[10:14] {dino} fwlt sm .00 trig. l wider
[10:14] {dino} me too chaer, wore green
[10:16] {dino} no trig cx fwlt
[10:17] {dino} out aet .56, +.31
[10:18] {bruce} nice dino
[10:20] {magoo} any read RIMM vad?
[10:20] {Threei} I am getting it just in time to missd the chance to type a call magoo
[10:20] {Threei} did that twice already
[10:20] {Threei} finally
[10:20] {Threei} out half MER at .70
[10:21] {Threei} +.35
[10:21] {Threei} stop to .25 for the balance
[10:23] {lumdus} bsc rebound sheesh.
[10:23] {Threei} lol
[10:23] {lumdus} way too funny, just watch it.
[10:24] {dino} fwlt l .00
[10:24] {Threei} out MER in full
[10:25] {Threei} + a lot
[10:25] {Threei} forgive me for being too lazy to calculate
[10:26] {dino} csx l .35
[10:26] {Chaeron} :)
[10:27] {dino} going to go green
[10:27] {dino} for st. pat's i guess
[10:27] {Threei} MER up a buck from alert
[10:28] {Threei} can I have a mulligan?
[10:28] {judi} Hi from Jim and Judi
[10:28] {Threei} hi judi
[10:28] {Threei} I mean buck and 30 cents
[10:29] {Threei} I mean... ah forget it
[10:29] {GeoArb} drys
[10:29] {lumdus} jpm up 4.00
[10:29] {bruce} apol dino
[10:31] {Threei} BSC is not from this universe
[10:32] {lumdus} vad, i would take a try with bsc. just worried they hald trading maybe.
[10:32] {dino} watching it bruce
[10:32] {Threei} I don't have any comments on it lum, this is beyond my understanding at all
[10:33] {Threei} it's bought out for pete's sake
[10:33] {dino} fwlt stop to .98
[10:33] {Threei} Raven explained earlier what influences this wierd divergence between price of buyout and price it's trading at
[10:33] {dino} stopped -.02
[10:33] {Threei} but it makes whole thing absolutely unreadable
[10:37] {bruce} add mf to watch list dino
[10:37] {dino} ok
[10:38] {dino} btw bruce, i hit gfig 2x's friday and made money, thx for the spot on it
[10:38] {bruce} good to hear - glad it worked for you dino
[10:40] {dino} mf, capital markets, lawsuits, big losses, careful w/it
[10:40] {Threei} heh... QLTI FDA news, didn't want to go in it out of concern that it';s not a time for a cheapies to move
[10:40] {Threei} look at it
[10:41] {GeoArb} yeah
[10:41] {GeoArb} a twinge of regret here
[10:41] {magoo} one crazy ass market
[10:41] {GeoArb} tinge
[10:41] {Threei} sure is mags
[10:41] {Threei} I am double careful today
[10:42] {dino} mkt confused
[10:42] {Threei} but so far things don't look as scary as they promised to be
[10:43] {Threei} in fact, market starts looking like going gren soon
[10:43] {magoo} cause it is green
[10:43] {bruce} apol looking strong now dino - we probably missed it - but if it retraces to 56 may be worth try
[10:43] {Threei} Dow yes
[10:43] {Threei} NASDAQ is in red still
[10:44] {lumdus} hmm, how wierd it is.
[10:44] {Threei} as far as common sense is concerned, these are trying times
[10:44] {bruce} trying mf long here
[10:44] {dino} thinking same, w/stop .74
[10:44] {Threei} thankfully, we traders are not overburdened with common sense
[10:45] {bruce} agree
[10:46] {bruce} in at 13.99
[10:46] {bruce} sold at .18 on spike
[10:46] {bruce} sheesh
[10:47] {bruce} dumb dumb dumb
[10:47] {dino} fortune favors the bold
[10:48] {dino} out csx .59, +.24
[10:48] {dino} way too soon
[10:49] {dino} fwlt l .90
[10:51] {Threei} RIMM 99.5 level to watch for bounce
[10:52] {lumdus} amzn long
[10:52] {dino} hod
[10:52] {bruce} ah mf retraced - feel better exit on spike rightthing to do after all
[10:52] {Threei} 67 break AMZN for me lum, if holding above .80
[10:55] {bruce} amzn is tricky - sets up long then dumps
[10:56] {Threei} hasn't set up, failed support
[10:57] {Threei} finger on the trigger RIMM
[10:57] {Threei} missed first dive into 99, maybe we get another leg down
[10:57] {Threei} couldn't find guts to short .50 breakdown
[11:01] {Threei} staying on a sideline for now
[11:01] {Threei} hectic moves up and down within narrow range
[11:02] {Threei} sure recipe for being stopped
[11:06] {lumdus} need to be quick today to make the pennies
[11:07] {Threei} AMZN, going to try long on .50 break if stays above .25
[11:08] {dino} apol bruce
[11:09] {dino} l .56 sm wide
[11:09] {bruce} hmm - lower low in it now
[11:10] {Chaeron} *sigh*
[11:10] {bruce} gonna wait a bit on apol dino
[11:10] {dino} thats why small
[11:13] {bruce} wow - mf just dumped another 2.50 dino
[11:13] {bruce} sorry - 2 bucks
[11:13] {dino} alxn
[11:13] {dino} not in, off screen, finanxcials are trucky right now
[11:14] {bruce} any read mf dino_ it's spiking
[11:15] {bruce} 3 buck drop now
[11:15] {dino} can't type today i see
[11:15] {dino} no
[11:15] {bruce} 3.50 drop
[11:17] {bruce} 4.50 drop
[11:18] {Threei} you saw MF news right?
[11:19] {dino} yes trading losses, class actions, etc
[11:19] {Threei} 03/04/08 09:11pm
[11:19] {Threei} [MF] MF Global Ltd. Facing wheat-futures trading probe by Federal law-enforcement officials - WSJ
[11:19] {Threei} - The probe will focus on trades by fired trader Evan Dooley that cost the firm about $141.5M.
[11:19] {dino} i'm staying away
[11:19] {bruce} 5.50 drop
[11:19] {bruce} good plan dino
[11:20] {Threei} capitulation
[11:20] {Chaeron} dang those rogue traders
[11:20] {dino} easier trades out there bruce
[11:20] {bruce} 6.50 drop and still gong
[11:21] {dino} get it off your screen, imo
[11:21] {bruce} jeez - going to 0 -
[11:21] {Chaeron} can't dino.. hypnotized here....
[11:21] {Threei} no kidding, it's mesmerizing
[11:22] {Threei} and good for you as it keeps you from trading at the moment
[11:24] {lumdus} leh short
[11:24] {dino} apol stopped
[11:25] {lumdus} out already +.35
[11:25] {lumdus} that was easy
[11:25] {dino} gj
[11:25] {lumdus} not really could have go way more
[11:26] {Threei} oh boy MF
[11:26] {bruce} maybe we should of .33 c in mf
[11:26] {bruce} bid rather
[11:27] {lumdus} bruce, good idea. let's chip in .. my check of .33 in the mail.
[11:27] {bruce} lol
[11:27] {Threei} you guys are too generous
[11:27] {Threei} I won't bid above .19
[11:27] {lumdus} volume increasing like heck on mf
[11:28] {bruce} starting to look like you're right on your bid vad
[11:28] {Threei} even 4 won't hold
[11:28] {lumdus} how low can it go .. :)
[11:28] {bruce} won't it be stopped on this kind of activity?
[11:29] {lumdus} bruce. i think it could be stopped. but who the heck knows.
[11:31] {dino} risky, sm l alxn .07, stop .53
[11:32] {Threei} news it out, so probably no reason for halt... but...
[11:33] {bruce} so much for safety in ags in times of turmoil
[11:33] {lumdus} aapl wondering if it could make a run
[11:33] {dino} fcsx ouch
[11:34] {dino} capital group again
[11:34] {dino} gfig ouch
[11:34] {dino} same deal
[11:35] {dino} shooting them all
[11:36] {bruce} any read on leh long here vad?
[11:37] {Threei} honestly bruce... any trade at the moment feels like crapsdhoot to me
[11:37] {bruce} k
[11:40] {dino} ibkr
[11:40] {bruce} mf finding support
[11:40] {bruce} aet looking like possible longto me here dino
[11:42] {dino} hmmm ibkr, seems odd they collapse w/other stuff
[11:43] {Threei} RIMM short
[11:43] {Threei} as close to .50 as possible
[11:44] {Threei} first weakness from here
[11:44] {magoo} i like it long..just opinion
[11:44] {Threei} stop above .60
[11:44] {dino} l sm ibksr .50, risky
[11:45] {dino} pnsn
[11:47] {Threei} stopped
[11:47] {Threei} magoo was right
[11:48] {Chaeron} seems like noone right in this slop
[11:52] {Threei} yeah, it's down again... magoo wasn't right {G}
[11:54] {GeoArb} .25 in rimm
[11:54] {GeoArb} held vad's call
[11:54] {GeoArb} thnks
[11:55] {Threei} welcome Geo... scary tohold when it goes against you
[11:55] {Threei} be careful
[11:55] {GeoArb} easy with 100 shares ;)
[11:55] {Threei} monetary wise yes,
[11:55] {Threei} but it's chart that should govern your action
[11:55] {GeoArb} true
[11:56] {Threei} paper trading or small shares trading must be done in the same fashion as you are goinfg tyo trade normal size
[11:56] {GeoArb} my stop was previous pivot high
[11:56] {GeoArb} maybe too wide
[11:56] {Threei} othrwise theere is no learning effect
[11:56] {Threei} if your stop was based differently, that's fine
[11:57] {Threei} as long as there was a reason for it
[11:57] {Threei} bigger time frame, next level of resistance
[11:57] {Threei} no problem with that, it's valid approach
[11:57] {GeoArb} will revaluate.... thanks
[11:57] {Threei} just not a "my position is small, I can try and hold"
[11:57] {GeoArb} ok
[11:57] {Threei} look at RIMM
[11:57] {Threei} grrr'
[12:03] {Threei} MF double bottom is in
[12:03] {Threei} scary as hell
[12:03] {Threei} no specific call guys
[12:03] {Threei} if you feel it, take small
[12:04] {Threei} if you feel you need a specific call, stay away
[12:05] {dino} de sm l .96
[12:08] {dino} fcsx
[12:19] {GeoArb} off to work
[12:19] {GeoArb} thanks all
[12:22] {Threei} take care Geo
[12:26] {bruce} stopped aet +.05c
[12:26] {dino} good stop
[12:27] {bruce} thanx dino - figured thats what you would do - make sure profit doesn't disappear completley
[12:28] {Threei} 97 break RIMM short
[12:29] {bruce} what you thinking for rimm stop vad?
[12:29] {bruce} .25 or so?
[12:29] {Threei} watching all these bounces before setup to see where the best resistance is
[12:29] {bruce} k
[12:29] {Threei} so far yes, .25
[12:30] {Threei} NQ hasn't decided to break down or not yet
[12:30] {Threei} so hesitates RIMM
[12:31] {dino} fcsx
[12:31] {bruce} fwlt - bounce time dino?
[12:31] {dino} brb
[12:32] {dino} if it hoilds .75]
[12:36] {bruce} s rimm
[12:37] {Chaeron} stopped rimm
[12:37] {bruce} stooped rimm-.30
[12:41] {Threei} not much is working today so far
[12:44] {bruce} double bottome de here dino
[12:45] {dino} y
[12:46] {Threei} if you went for MF, feel free to take profit
[12:46] {dino} risky sm, l fmcn .40
[12:50] {bruce} nice one fmcn dno - dont see where you got .40 trigger but sure worked
[12:51] {dino} was waiting for about 20 minutes, one of those, thought it would not get there things
[12:51] {dino} trades strangly
[12:52] {bruce} k- nice job of catching reversal point
[12:52] {bruce} de looking long here
[12:52] {dino} y
[12:56] {bruce} fwlt looks long too
[12:56] {bruce} can set fairly small stop
[12:56] {dino} they all do, lol
[12:57] {bruce} buy everything?
[12:57] {bruce} lol
[12:57] {dino} yes
[13:00] {Threei} MF
[13:00] {Threei} CO. HAS SUFFICIENT FUNDING TO CONDUCT NORMAL BUSINESS; CO. HAS ALTERNATIVE SOURCES TO FUNDS BUSINESS IF EVENTS CHANGE
- Says Bear stearns investor Joe Lewis is not a client
[13:00] {Threei} - Says has $1.4B in committed, undrawn credit facilities
[13:01] {bruce} vadxrefferring to his persoanl loan to them - nigerian credits
[13:01] {Threei} lol
[13:02] {dino} sounds familiar
[13:02] {bruce} vad - what do you think of a retracement long in rimm near here?
[13:02] {Threei} with stop under .50?
[13:02] {bruce} was noticing the strong support at .50
[13:02] {Threei} I like it chart wise
[13:02] {bruce} wondeirng if worth try
[13:04] {dino} fmcn stopped -.50
[13:06] {bruce} sorry dino - sucks - quick markte drop
[13:07] {bruce} next supprt rimm 97
[13:07] {dino} small no biggie
[13:07] {Chaeron} market telling me not to even bother trying today
[13:07] {dino} still loike it, just where
[13:08] {bruce} yes- hard to pick entries
[13:09] {bruce} rimm bounce on first sign of strength or just back off for now vad?
[13:13] {Threei} ugh
[13:13] {Threei} not sure bruce
[13:13] {Threei} coin toss at this point
[13:14] {bruce} me either - lloks like coin toss on breakdown or bounce
[13:14] {lumdus} ok, tossing coin here. i advise which way
[13:14] {magoo} UP
[13:14] {magoo} heads
[13:14] {magoo} or, heads up
[13:15] {Threei} betting farm here
[13:15] {bruce} wheres dino's gun - worked earlier
[13:15] {bruce} k- I'll help bet your farm for you vad
[13:15] {dino} 32.70 trig l fmcn sm l .70 wide
[13:16] {dino} maybe gun to the head time
[13:17] {magoo} dino gun in my mouth
[13:17] {bruce} lol mags
[13:17] {lumdus} l jpm 39.48 stop 39.36 looked strong when market came dwown
[13:17] {bruce} thats the signal to buy him lunch
[13:20] {bruce} wow - hope you're out dino
[13:20] {bruce} I just lost your farm on you vad
[13:22] {dino} 3 month t-bill yield at 50 year low
[13:26] {Threei} magoo's fault, bruce
[13:26] {dino} not in bruce did not trig
[13:26] {bruce} good
[13:27] {Chaeron} [10:22] {dino} 3 month t-bill yield at 50 year low
[13:27] {Chaeron} [10:26] {Threei} magoo's fault, brucemagoo' fault, dino
[13:27] {Chaeron} what the?
[13:27] {bruce} watching rimm here
[13:27] {Chaeron} either way, it's magoo's fault
[13:28] {bruce} so true chaeron
[13:30] {bruce} magoo obviously asleep
[13:30] {dino} darn missed
[13:30] * bruce slaps magoo around a bit with a large trout
[13:31] {bruce} fwlt , rimm alxn cat
[13:31] {bruce} all possible longs on boucne
[13:31] {lumdus} l amzn 65.55 stop 65.45
[13:32] {lumdus} coin tossing today . after a friday like we had, this is just plain errr
[13:35] {magoo} vad, did ARNA have news today?
[13:35] {Threei} yes
[13:35] {magoo} positive?
[13:35] {Threei} 07:01am [ARNA] Lorcaserin for obesity passes a major safety milestone in independent review
[13:35] {magoo} ok TY
[13:36] {magoo} at 2 pm vad, call RIMM short..that spiked massive rallies 4 days last week
[13:36] {lumdus} bounce time ?
[13:38] {Threei} hmmm
[13:38] {Threei} meltdown is just as likely
[13:39] {bruce} q's breaking new lows here
[13:39] {lumdus} ok i really have 0 idea what's going on today.
[13:40] {Threei} I am right there with you lum
[13:40] {lumdus} what's the deal with sds. looks very strong
[13:44] {magoo} did ucall RIMM short vad??
[13:46] {Threei} no... sorry
[13:46] {Threei} I decided your very mention will be enough
[13:46] {Threei} and it was
[13:46] {lumdus} rally !!!
[13:47] {Threei} LEH
[13:47] {Threei} TICKS UP FROM SESSION LOWS ON TAKEOVER CHATTER- Barclays rumored as possible buyer
[13:48] {dino} yeah at 2 bucks, lol
[13:49] {bruce} was watching leh
[13:49] {bruce} was never a setup w less than 50 stop
[13:53] {bruce} alxn long dino?
[13:54] {dino} i like it\
[13:54] {dino} fmcn triggered
[13:55] {bruce} l alxn .50
[14:03] {dino} out fmcn 34.15, +1.45
[14:04] {bruce} wow - nice dino
[14:04] {bruce} dumped alxn +.06 on weakenss
[14:04] {dino} lucky, but thx
[14:05] {dino} you get de
[14:05] {dino} tech blood
[14:05] {bruce} no
[14:05] {bruce} trading one attime today
[14:06] {dino} ok
[14:06] {dino} lots going here
[14:09] {dino} out ibkr .91, +.41
[14:11] {dino} out de .54, +.58
[14:11] {dptl} Bruce...ty out alxn+.30....and ty for de...earlier got +.22
[14:11] {bruce} great dp
[14:12] {dino} bruce makes us money
[14:12] {magoo} what u stalkin vad?
[14:13] {dino} nice alxn
[14:13] {bruce} great moves dino - I don't trust laser auto stops - so don'twant to enter multiple tades - espcially today agtyer seeing major selloffs
[14:13] {dino} not w/laser, so use them
[14:14] {Threei} can't find anything even remotely looking readable to me at the moment magoo
[14:14] {dino} brb
[14:14] {Threei} bruce, you had any problems with them?
[14:15] {bruce} at times vad- triggersing quite a way below entry
[14:15] {Threei} we are talking OMS module?
[14:15] {bruce} may have been action of stock
[14:15] {bruce} yes
[14:15] {bruce} oms
[14:15] {Threei} OK... worked nicely for me when I tested it but I don't use it regularly
[14:16] {bruce} seems to work well at times
[14:16] {bruce} and not others
[14:22] {dino} bfam
[14:25] {dino} hard stops, bruce, my sometimes fill badly too, but overall they work well
[14:26] {bruce} k- definitley nicer to have them as backup
[14:26] {dino} i'm pretty much an idiot w/o them
[14:27] {bruce} possible long in leh at .50 w 12 c stop
[14:27] {bruce} invalidated
[14:28] {Threei} 97.10 break long RIMM
[14:28] {Threei} if stays above .90
[14:28] {Threei} BSC JOE LEWIS CALLS JPM OFFER DERISORY AND DOES NOT THINK THEY WILL GET IT - CNBC
[14:29] {Chaeron} http://www.businessandmedia.org/articles/2008/20080317110946.aspx - Oops - CNBC's Cramer Said 'Don't Move' From Bear a Week Before Collapse - 'Mad Money' host drastically underestimated the investment bank's trouble surrounding the mortgage crisis.
[14:30] {Threei} heh
[14:31] {lumdus} if i had to do analysis on bsc it should go up to 5 now.. at least.
[14:31] {Threei} derisory eh
[14:32] {Threei} investors holding BSC in their portfolios conasider today's opening price dderisory
[14:32] {lumdus} what does dderisory mean ?
[14:33] {ThurstonHowellTheThird} laughable, ridiculouse
[14:33] {Threei} ask joe lewis
[14:33] {lumdus} ok, so maybe they get better offer..
[14:33] {bruce} short for damned very sorry vad
[14:33] {lumdus} tx bruce. i no speka de english so good
[14:34] {Threei} lum... to read makes us speak English good
[14:34] {lumdus} in in bsc 4.30
[14:35] {lumdus} i like the news .. hee hee
[14:35] {Threei} lum, just don't hold it overnight
[14:35] {Threei} stay defensive
[14:35] {lumdus} why you think i crazy ?
[14:35] {Threei} book profits or at least protect them by partialing out
[14:36] {Chaeron} not you per se, but the market is :)
[14:36] {Threei} of course I do... and don't tell me you never gave me a reason {G}
[14:36] {Threei} three people in the room are on crazy side
[14:36] {bruce} mago magoo magooo
[14:36] {Chaeron} rofl
[14:36] {lumdus} 1) vad, 2) vad, 3) lumdus
[14:37] {Threei} to be fair, you are the least crazy out of three :)
[14:37] {dino} lol
[14:38] {lumdus} logic says that if the ceo thinks it's a crazy price he will go shopping for better price or at least jpm will go a few bucks higher.
[14:38] {lumdus} so it's worth an intraday shot i think.
[14:38] {Threei} you assume his lamenting is truthful
[14:38] {dino} fmcn sm l .01
[14:39] {dino} fed is pushing him tho, different rules imo
[14:39] {Threei} but these the same people I quoted earlier:
[14:39] {Threei} [08:50] {Threei} have a look at this piece of news just a week ago:
[14:39] {Threei} [08:50] {Threei} BEAR STEARNS DENIES LIQUIDITY RUMORS
[14:39] {Threei} [08:50] {Threei} NEW YORK – New York – March 10, 2008 — The Bear Stearns Companies Inc. today denied market rumors regarding the firm's liquidity. The company stated that there is absolutely no truth to the rumors of liquidity problems that circulated today in the market.
[14:39] {Threei} [08:50] {Threei} Alan Schwartz, President and CEO of The Bear Stearns Companies Inc., said, "Bear Stearns' bal
[14:39] {Threei} absolutely
[14:39] {Threei} no truth
[14:39] {Threei} to the rumors
[14:39] {Threei} how about that?
[14:40] {Chaeron} *cough - lawsuit! cough*
[14:40] {dino} ya think, :)
[14:40] {dino} they filed some friday
[14:40] {Threei} with all the gamesmanchip going on behind the scenes
[14:40] {lumdus} bsc, no liquidity .. and yes, i am a billionare.
[14:41] {Threei} there is no word coming of their mouth that I would take at face value
[14:42] {dino} listen they a saying this to pump and dump
[14:42] {dino} they are already fried
[14:42] {Threei} there
[14:42] {Threei} this I blieve easily
[14:42] {bruce} how about "pass the hat"?
[14:42] {dino} out fmcn .46, +.45
[14:42] {Threei} I don't think anyone went for RIMM break .10
[14:43] {Threei} but if someone did, take profit and be happy
[14:44] {Threei} you are getting good traction on BSC lum
[14:44] {Threei} can I interest you in taking half off the table?
[14:45] {Threei} quite empty day for me
[14:45] {Threei} we have Fed tomorrow, right?
[14:46] {bruce} fds dino
[14:46] {lumdus} bsc +.20 jpm +.45
[14:46] {Chaeron} EU'S ALMUNIA: " EUROPE NO LONGER IN ECONOMIC GOODTIMES" (no "dy no MITE!" ? :)
[14:47] {dino} fds, fat, drunk, "& stupid
[14:47] {Threei} yeah, 2:15 Fed decision
[14:48] {dptl} today?
[14:48] {Chaeron} Tuds
[14:48] {lumdus} in c 18.60
[14:48] {Chaeron} Tuesday
[14:48] {Threei} tomorerow dp
[14:48] {Chaeron} US SENATOR SCHUMER: FED ACTIONS 'NECESSARY' TO PREVENT 'MELTDOWN', FED MOVES WERE 'SMART' AND 'TIMELY'
[14:48] {dptl} ok ty
[14:48] {bruce} lol dino
[14:49] {lumdus} i am glad the brillian schumer agrees with the fed. hee hee
[14:49] {dino} fds hmmmm
[14:49] {bruce} out fds - quick scalp +.18
[14:51] {dino} gj
[14:51] {dino} bfam sm l .68, stop lod
[14:51] {bruce} thanx
[14:52] {lumdus} L SGP 19.36 STOP 19.29
[14:52] {Threei} RIMM .70 long if stays above .50
[14:55] * Threei is kicking RIMM in the rear
[14:55] {Chaeron} careful - it kicks back
[14:55] {lumdus} you in already ?
[14:56] {Chaeron} I am
[14:56] {Threei} yes sir
[14:57] {Chaeron} good job with that boot
[14:57] {Threei} 1:1
[14:57] {Threei} 1:2, me out
[14:57] {Threei} wow
[14:57] {Threei} lol
[14:57] {Threei} that was some kick eh
[14:57] {lumdus} out 98.43
[14:57] {lumdus} tx sirr +.63
[14:57] {Threei} welcome lum
[14:58] {Chaeron} 98.46 here... + .72
[14:58] {Chaeron} many thanks Vad
[14:58] {Threei} you are so very welcome
[14:58] {bruce} out rimmsky + .56
[14:58] {dino} gj
[14:58] {Threei} I knew there was a reason I still haven't fell asleep
[14:58] {lumdus} that was so damm qick vad
[14:58] {Chaeron} nice and fast ex on Laser too... just when I needed it most
[15:00] {magoo} TY vad rimm, out ,
[15:00] {Threei} I was wondering mags... :)
[15:00] {Threei} you don't miss this kind of plays unless you are unconscious
[15:00] {magoo} was just waiting at .44
[15:00] {magoo} took l.onger
[15:01] {Threei} mama mia
[15:01] {bruce} I like trading rimm - just wish it was easier to read
[15:01] {Threei} paulson actually just said "we have strong dollar policy"
[15:01] {Threei} wait for me, I need to faint
[15:01] {lumdus} magoo, my fills where .44 & .50
[15:02] {lumdus} maybe he in denial - stronge
[15:02] {Threei} you know bruce
[15:02] {Threei} the more we deal with this one
[15:02] {bruce} never heard of the guy
[15:02] {Threei} the more I come to conclusion that it's quite tradeable under one condition
[15:03] {Threei} pick setups that allow you to keep clean chart based tight stops
[15:03] {dino} chaos?
[15:03] {bruce} its definitely worth learning to trade vad
[15:03] {bruce} quick mov es
[15:03] {Threei} if you do that, you will get one of valid setups working finally
[15:03] {bruce} great liquiditiy\
[15:03] {bruce} and reasonably tight spread
[15:03] {Threei} and what RIMM does whan it works will bring you back tw-threre stops and then some
[15:04] {Threei} and it's not like you run 1 out of 4 odds on it
[15:05] {bruce} it seems to have spots wee it can be read most days
[15:05] {Threei} yes
[15:05] {bruce} picking entrys is key
[15:05] {bruce} fds goinglong again
[15:06] {lumdus} finally sgp up a whole .04
[15:07] {bruce} doggy duty break
[15:08] {magoo} i jusdt hit RIMM 98 to 98.87...sorry
[15:08] {magoo} no way i vcould post
[15:09] {dino} gj
[15:10] {judi} we signing off for today with a +day, thanks all
[15:10] {dino} gj judi
[15:12] {lumdus} vad's call in am to be patient and slow was key to the sucess today.
[15:12] {lumdus} ok, if fed quite, BSC ceo quiet, then we might have a run up :)
[15:14] {Threei} good to hear judi
[15:14] {Threei} and magoo... you know what is coming, don't you?
[15:14] {magoo} huh?
[15:14] * Threei slaps magoo around a bit with a large trout
[15:15] {lumdus} vad, bsc could have eOD rally on think. based on my expert analysis LOL
[15:15] {Threei} for indecent profits
[15:15] {Threei} see lum... you are doing analysis... I grab'em when they trigger and abandon'em as they work or get stopped :)
[15:17] {Threei} but I do respect anyone who can spell analysis, that's more than I can say about myself
[15:17] {lumdus} thank you , please stand up in my honor
[15:17] {lumdus} and don't hit the seat so hard.
[15:18] {Threei} lol
[15:18] {magoo} vad, is this good bounce area RIMM?
[15:18] {lumdus} ok, bsc acting like a good sport, starting to look at least
[15:18] {Threei} it is by chart, I am not sure I understand why it dropped that far while NQ upticking
[15:19] {Threei} no RIMM specific news eithedr
[15:20] {Threei} just be careful, keep stop as if your very life depended on them
[15:20] {lumdus} analysis of bsc so far very good. maybe wsj can hire me.
[15:21] {dino} that will surely screw you up
[15:21] {lumdus} above 5 and we go to 8 right .. !
[15:21] {Threei} and not telling what it will do to WSJ
[15:22] {Threei} dunno about 8 but heck of a job so far lum
[15:22] {lumdus} they didn't pay for that much analysis.
[15:23] {lumdus} stop 4.86 should be nice enoght in 4.50 stop 4.86
[15:23] {Threei} you took RIMM off 97.50 mags?
[15:23] {lumdus} i am out.. crap
[15:24] {magoo} yup
[15:24] {Threei} still in?
[15:24] {magoo} .16 actually
[15:24] {dino} bfam stop to .95
[15:24] {dino} this is one crazy market
[15:25] {Threei} is Dow really up 72?
[15:25] {Threei} or am I hallucinating?
[15:25] {Chaeron} nope.. you're ok
[15:25] {lumdus} no, up 75
[15:25] {Chaeron} 78
[15:25] {Threei} what ca I say.. PPT is good
[15:26] {dino} 94
[15:26] {dino} yeah for a day or so
[15:27] {Threei} sure
[15:27] {Threei} but heck... try to keep above the water market THIS scared
[15:28] {lumdus} c, is pathetic
[15:29] {Threei} look at BSC tumble
[15:30] {Threei} good exit lum
[15:30] {Threei} I don't know what your guts are made of, most likely cast iron... but you played it perfectly
[15:31] {dino} out bfam .04, +.36
[15:31] {lumdus} in bsc 4.72 stop 4.59
[15:32] {lumdus} stop on bsc 4.64
[15:34] {dino} sm l fds .08
[15:35] {lumdus} stop on bsc 4.69
[15:36] {lumdus} hmm, bsc getting tired now. i exit soon
[15:36] {Threei} JASO .80 is tempting for long
[15:36] {Threei} I wish we had more time before eod
[15:37] {lumdus} bsc out
[15:37] {Threei} thing is way safer than it used to be when traded in stratosphere
[15:37] {Chaeron} but not as fun
[15:37] {Threei} lol
[15:39] {Threei} if it can eat through these offers it has aa good chance
[15:39] {Threei} stop would be under .60
[15:47] {Threei} prbably won't happen JASO
[15:47] {Chaeron} .
[15:47] {Chaeron} .
[15:47] {Threei} too close to eod
[15:47] {Threei} worth watching tomorrow though
[15:47] {Threei} but since I will forget anyway...
[15:50] {Threei} Ok guys, let's call it a day if you don't mind terribly
[15:50] {dino} out fds .25, +.17
[15:50] {Threei} thank you all, have a good evening
[15:50] {Threei} see you tomorrow
[15:50] {magoo} TY vad
[15:50] {Threei} welcome sir
[15:50] {Threei} dino grabbed last piece of money from the street :)
[15:51] {dino} indeed sir
[15:51] {Threei} hmm
[15:51] {Threei} JASO
[15:51] {Threei} nah... no time
[15:53] {dptl} have a good evening all:)
[15:55] {dino} take care all
[15:55] {dino} good day overall
[15:59] {dino} fmcn fast fall again
[16:04] {bruce} lots ofbig dumps today
[16:04] {bruce} wish we had some way to grab those
[16:07] {bruce} nightall
[08:30] {Threei} *Q4 CURRENT ACCOUNT BALANCE: -172.9B$ V -$183.8BE
- Prior revised from -$178.5B to -177.4B$
[08:31] {Threei} MAR EMPIRE MANUFACTURING: -22.2 V -7.4E (LOWEST SINCE JULY 2001)
[08:32] {lumdus} good morning vad. woke up early today, wanted to see bsc. damm, the poor folks. i assume today we end down +500 Point in the dow
[08:32] {Threei} hi lum
[08:32] {Threei} this is stunning
[08:32] {Threei} I sincerely hope no one I know held BSC
[08:32] {Threei} look ar LEH and MER
[08:33] {lumdus} yes, i see all the banks. c, jpm etc.. all in the toilet , flushing
[08:33] {Threei} JPM is actually strangely strong
[08:34] {Threei} and what business does BSC have trading above 3 while being bought for 2... new form of denial among traders?
[08:35] {lumdus} i wont be here for the open. have to run an erand. should be back before 10
[08:35] {lumdus} right i am wondering that also.
[08:35] {lumdus} Vad, first if the shareholders don't agree to 2.00 then there is no deal.
[08:35] {Threei} their alternative is bankruptsy
[08:36] {Threei} good luck disagreeing
[08:36] {lumdus} vad, not me. i have no shares in any bank at all.
[08:36] {lumdus} you know where my money is now
[08:44] {magoo} morniung
[08:44] {Threei} hi mags
[08:45] {lumdus} vad, is today the worst day that you remember pre-market ?
[08:45] {magoo} vad, can u imagine buying andf holding BSC premkt friday at 65??
[08:46] {Threei} gives me creeps magoo
[08:46] {cosmo} TSATA was worse imho
[08:46] {Threei} I guess so lum... my long term memory is not so good though
[08:46] {Threei} (not that my short term memory is much better)
[08:47] {Threei} and magoo... stay assured that every time you express remorse about not holding something overnight I will remind you about BSC :)
[08:48] {Threei} IVAN
[08:48] {Threei} INITIATES MAJOR RESTRUCTURING IN PREPARATION FOR MULTIPLE, COMMERCIAL HTL HEAVY-OIL PROJECTS
[08:49] {Threei} HTL?
[08:50] {Threei} have a look at this piece of news just a week ago:
[08:50] {Threei} BEAR STEARNS DENIES LIQUIDITY RUMORS
[08:50] {Threei} NEW YORK – New York – March 10, 2008 — The Bear Stearns Companies Inc. today denied market rumors regarding the firm's liquidity. The company stated that there is absolutely no truth to the rumors of liquidity problems that circulated today in the market.
[08:50] {Threei} Alan Schwartz, President and CEO of The Bear Stearns Companies Inc., said, "Bear Stearns' balance sheet, liquidity and capital remain strong."
[08:51] {cosmo} strong smell, maybe
[08:52] {magoo} he probably will be investigated for fraud vad, and yeah, i never ever ho.d anything overnite
[08:52] {cosmo} SLV off 2% fyi
[09:01] {cosmo} ARNA, CRME
[09:02] {dptl} good morning all
[09:02] {Threei} dp :)
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:04] {Threei} LEH
[09:04] {Threei} MOODY'S OUTLOOK TO STABLE FROM POSITIVE
[09:05] {cosmo} is Stable better?
[09:05] {Threei} no such word today
[09:05] {GeoArb} gm all
[09:05] {Threei} Geo :)
[09:05] {Threei} vocabulary today is limited to:
[09:06] {Threei} bad
[09:06] {Threei} worse
[09:06] {Threei} worst
[09:06] {GeoArb} so are we trading with our depends on today?
[09:06] {cosmo} good, better....best
[09:06] {Threei} for creative minds, badder
[09:06] {Threei} LEH is dumping
[09:07] {Threei} MER will follow the suit I guess
[09:08] {dino} no depends guys, today should be fun, be patient
[09:09] {Threei} one thing I want you to do before market opens guys,
[09:09] {Threei} read this:
[09:09] {Threei} http://www.realitytrader.com/blog/2008/03/history-teaches-us.html
[09:11] {bruce} stable is a downgrade cosmo
[09:12] {cosmo} k
[09:12] {magoo} won't open vad for me or dino
[09:12] {Threei} try http://realitytrader.com/blog/2008/03/history-teaches-us.html
[09:13] {magoo} nope, that either
[09:13] {GeoArb} interesting
[09:13] {GeoArb} i read it
[09:15] {esemde} good morning....conecting automatically....this is a good thing
[09:16] {Threei} ese :)
[09:16] {Threei} LEH CEO: FED'S ACTIONS TAKE LIQUIDITY ISSUE 'OFF THE TABLE' - WIRE CITES E-MAILED STATEMENT
[09:16] {Threei} can you reach homepage magoo?
[09:16] {Threei} with or without www
[09:18] {Threei} anyone else?
[09:20] {Threei} wake up guys, can you reach that address?
[09:20] {dptl} i can
[09:20] {tomg} i can
[09:20] {dptl} no prob
[09:20] {patience} works great
[09:21] {Threei} ty
[09:22] {esemde} just got it Vad
[09:22] {Threei} :)
[09:22] {magoo} i cant vad
[09:23] {magoo} plus, it crashed my system
[09:23] {Threei} huh?
[09:23] {magoo} i had to reboot, just getting back up
[09:23] {cosmo} it comes up on Netscape just fine
[09:24] {lumdus} nice article vad
[09:24] {lumdus} so why is leh going down also ?
[09:24] {Threei} gosh
[09:24] {Threei} what isn't
[09:24] {ThurstonHowellTheThird} gm all
[09:25] {dino} no 3i
[09:26] {dino} .
[09:26] {Threei} hi thtt
[09:27] {Threei} something on the side of your and magoo ISP then dino... but if it's a dns issue, then address without www should word
[09:28] {magoo} ill have to leave it alone for now, do not want system freeze here at open
[09:28] {Threei} yes mags
[09:28] {Threei} stay calm and patient guys
[09:29] {Threei} do not jump intho the mess we are about to see right away
[09:29] {Threei} let the dust settle down, safety is major consideration on the day like this
[09:29] {lumdus} ok
[09:29] {dino} .
[09:29] {esemde} good post Vad...i'll heed that stay and patient stuff......
[09:29] {bruce} except dino ofcourse
[09:29] {lumdus} just put order for bsc @ 1.00 and you be fine :)
[09:29] {bruce} and lum
[09:30] {Threei} ty ese
[09:30] {cosmo} ARNA tests @ 7 needs to hold 6.85 imo
[09:30] {Threei} BSC daily looks surreal
[09:30] {dino} ?bruce
[09:31] {bruce} joking dino - about letting dust settle
[09:32] {dino} ahh
[09:32] {magoo} leh didn't recover much w/that qqq spike
[09:33] {dino} watchoing de, cat, fwlt
[09:33] {lumdus} suprised the dji only down 180
[09:34] {magoo} ewell...its early
[09:36] {magoo} WOW..LEH big bounce now vad
[09:37] {lumdus} why in the world would bsc bee at 3.70 ? didn't everybody read the news today ?
[09:37] {Threei} mystery to me too lum
[09:38] {GeoArb} overnight short covering?
[09:38] {lumdus} maybe the delievery boy didn't give everybody the paper yet.
[09:38] {Raven} 3 because the BSC employees own a substantial portion of ther stock and they can prolly kill the deal
[09:38] {cosmo} ARNA tests @ 7 fwiw
[09:38] {Raven} 3 so BSC will be shopped around for a higher price
[09:39] {Raven} 3 and there are other interested buyers
[09:39] {magoo} vads ignoring me ..sigh
[09:40] {Threei} 7 worth a try on ARNA
[09:40] {dino} and if i were short i'd be covering anyway
[09:40] {Threei} stop under .80
[09:43] {magoo} in btw
[09:43] {bruce} resistnace near .20 vad
[09:44] {Threei} scalpers can keep stop .89
[09:44] {magoo} 7.06 inet huge
[09:44] {magoo} and gone he he
[09:45] {Threei} woohhooo:
[09:45] {Threei} PRES BUSH: SUPPORTS FED ACTIONS TO BRING ORDER TO FINANCIAL MARKETS, GOVT WILL ACT WHEN NECESSARY- Says US capital markets are functioning 'efficiently'
[09:45] {curtisweese} OMG....YESSSSS
[09:45] {dino} atta boy "w"
[09:45] {magoo} thats "dubya" dino
[09:46] {curtisweese} i shorted 1000 shares of RIMM on Friday at close at 103.62 and just covered at 97.32!!!!
[09:46] {dino} you are suicidal
[09:46] {curtisweese} SOOOO risky
[09:46] {lumdus} the pres candidates better just start explaining how they expect to recover this economy
[09:46] {curtisweese} i did it and then tried to cancel it and it was too late, they had executed it already...i was soooo scared
[09:47] {dino} re-liquify curtis, and then another bubble somewhere
[09:47] {dino} they have already started
[09:47] {Threei} jeez curtis
[09:47] {curtisweese} i'm out now...i have work stuff this morning, so no trading for me
[09:47] {curtisweese} omg...that is a huge relief
[09:48] {magoo} curtis..just look at BSC and see what could happen
[09:48] {curtisweese} well i did short it....LOL
[09:48] {bruce} some support at .95 vad ok tpo move stop near there?
[09:48] {Threei} LEH long small here
[09:48] {Threei} stop under 32
[09:49] {Threei} in
[09:49] {curtisweese} i will be back tomorrow.....every market down and now us.....we might have a great day if things happen the way they have been!
[09:49] {Threei} I guess bruce
[09:50] {lumdus} leh ran
[09:50] {Threei} out LEH
[09:50] {Threei} +.37 I think
[09:51] {magoo} still trying to get out
[09:51] {Threei} I took .50 exit
[09:51] {lumdus} in gg 46.20 stop 46.04
[09:51] {magoo} i was at .65
[09:52] {Threei} greedy greedy
[09:52] {dino} l fwlt .95, stop .69
[09:53] {dino} stopped -.24
[09:56] {bruce} stopped arna
[09:57] {lumdus} l wye 39.89 stop 39.66
[10:00] {magoo} sheesh..stopped arena too
[10:00] {Chaeron} hi all
[10:00] {lumdus} jpm running
[10:00] {Threei} hi chaeron
[10:01] {dino} aet l .25, stop .97
[10:02] {Threei} morning maryaliceann, you made it
[10:02] {lumdus} out jpm + .48
[10:03] {dino} gj
[10:03] {maryaliceann} at last! .. thanks
[10:03] {Chaeron} nice lum... welcome maa
[10:04] {maryaliceann} that sounds good, should change lum to maa
[10:04] {dino} welcome to the jungle maa
[10:05] {Threei} so, why is JPM so happy
[10:05] {dino} short squeeze
[10:05] {lumdus} vad, i am not an anlysts, it showed up on my scanner so i went for it :)
[10:06] {dino} citigroup is next collapse, imo
[10:06] {Threei} MER .35 long small
[10:06] {lumdus} 2:1 on wye. I am still not selling yet
[10:06] {Threei} stop under 39
[10:07] {lumdus} dino, why you think citigroup next ?
[10:07] {dino} they are in a word of sh*t
[10:08] {_pit} any base in ARNA yet?
[10:08] {Threei} MER stop to .09
[10:08] {Threei} nah pit, forget it
[10:10] {Threei} did I get too greedy on MER?
[10:11] {GeoArb} i am out for 20 cents mer
[10:11] {GeoArb} .55
[10:11] {Threei} wtg
[10:12] {GeoArb} trying to erase arna
[10:12] {dino} strange dji only -56
[10:12] {Threei} scalper to the bone marrow eh
[10:12] {GeoArb} heh
[10:12] {Threei} and NQ is down just 20 points dino
[10:12] {Threei} no end of the world today?
[10:12] {Threei} or it's early? :)
[10:13] {Chaeron} shucks and I got all dressed up for it too...
[10:14] {dino} fwlt sm .00 trig. l wider
[10:14] {dino} me too chaer, wore green
[10:16] {dino} no trig cx fwlt
[10:17] {dino} out aet .56, +.31
[10:18] {bruce} nice dino
[10:20] {magoo} any read RIMM vad?
[10:20] {Threei} I am getting it just in time to missd the chance to type a call magoo
[10:20] {Threei} did that twice already
[10:20] {Threei} finally
[10:20] {Threei} out half MER at .70
[10:21] {Threei} +.35
[10:21] {Threei} stop to .25 for the balance
[10:23] {lumdus} bsc rebound sheesh.
[10:23] {Threei} lol
[10:23] {lumdus} way too funny, just watch it.
[10:24] {dino} fwlt l .00
[10:24] {Threei} out MER in full
[10:25] {Threei} + a lot
[10:25] {Threei} forgive me for being too lazy to calculate
[10:26] {dino} csx l .35
[10:26] {Chaeron} :)
[10:27] {dino} going to go green
[10:27] {dino} for st. pat's i guess
[10:27] {Threei} MER up a buck from alert
[10:28] {Threei} can I have a mulligan?
[10:28] {judi} Hi from Jim and Judi
[10:28] {Threei} hi judi
[10:28] {Threei} I mean buck and 30 cents
[10:29] {Threei} I mean... ah forget it
[10:29] {GeoArb} drys
[10:29] {lumdus} jpm up 4.00
[10:29] {bruce} apol dino
[10:31] {Threei} BSC is not from this universe
[10:32] {lumdus} vad, i would take a try with bsc. just worried they hald trading maybe.
[10:32] {dino} watching it bruce
[10:32] {Threei} I don't have any comments on it lum, this is beyond my understanding at all
[10:33] {Threei} it's bought out for pete's sake
[10:33] {dino} fwlt stop to .98
[10:33] {Threei} Raven explained earlier what influences this wierd divergence between price of buyout and price it's trading at
[10:33] {dino} stopped -.02
[10:33] {Threei} but it makes whole thing absolutely unreadable
[10:37] {bruce} add mf to watch list dino
[10:37] {dino} ok
[10:38] {dino} btw bruce, i hit gfig 2x's friday and made money, thx for the spot on it
[10:38] {bruce} good to hear - glad it worked for you dino
[10:40] {dino} mf, capital markets, lawsuits, big losses, careful w/it
[10:40] {Threei} heh... QLTI FDA news, didn't want to go in it out of concern that it';s not a time for a cheapies to move
[10:40] {Threei} look at it
[10:41] {GeoArb} yeah
[10:41] {GeoArb} a twinge of regret here
[10:41] {magoo} one crazy ass market
[10:41] {GeoArb} tinge
[10:41] {Threei} sure is mags
[10:41] {Threei} I am double careful today
[10:42] {dino} mkt confused
[10:42] {Threei} but so far things don't look as scary as they promised to be
[10:43] {Threei} in fact, market starts looking like going gren soon
[10:43] {magoo} cause it is green
[10:43] {bruce} apol looking strong now dino - we probably missed it - but if it retraces to 56 may be worth try
[10:43] {Threei} Dow yes
[10:43] {Threei} NASDAQ is in red still
[10:44] {lumdus} hmm, how wierd it is.
[10:44] {Threei} as far as common sense is concerned, these are trying times
[10:44] {bruce} trying mf long here
[10:44] {dino} thinking same, w/stop .74
[10:44] {Threei} thankfully, we traders are not overburdened with common sense
[10:45] {bruce} agree
[10:46] {bruce} in at 13.99
[10:46] {bruce} sold at .18 on spike
[10:46] {bruce} sheesh
[10:47] {bruce} dumb dumb dumb
[10:47] {dino} fortune favors the bold
[10:48] {dino} out csx .59, +.24
[10:48] {dino} way too soon
[10:49] {dino} fwlt l .90
[10:51] {Threei} RIMM 99.5 level to watch for bounce
[10:52] {lumdus} amzn long
[10:52] {dino} hod
[10:52] {bruce} ah mf retraced - feel better exit on spike rightthing to do after all
[10:52] {Threei} 67 break AMZN for me lum, if holding above .80
[10:55] {bruce} amzn is tricky - sets up long then dumps
[10:56] {Threei} hasn't set up, failed support
[10:57] {Threei} finger on the trigger RIMM
[10:57] {Threei} missed first dive into 99, maybe we get another leg down
[10:57] {Threei} couldn't find guts to short .50 breakdown
[11:01] {Threei} staying on a sideline for now
[11:01] {Threei} hectic moves up and down within narrow range
[11:02] {Threei} sure recipe for being stopped
[11:06] {lumdus} need to be quick today to make the pennies
[11:07] {Threei} AMZN, going to try long on .50 break if stays above .25
[11:08] {dino} apol bruce
[11:09] {dino} l .56 sm wide
[11:09] {bruce} hmm - lower low in it now
[11:10] {Chaeron} *sigh*
[11:10] {bruce} gonna wait a bit on apol dino
[11:10] {dino} thats why small
[11:13] {bruce} wow - mf just dumped another 2.50 dino
[11:13] {bruce} sorry - 2 bucks
[11:13] {dino} alxn
[11:13] {dino} not in, off screen, finanxcials are trucky right now
[11:14] {bruce} any read mf dino_ it's spiking
[11:15] {bruce} 3 buck drop now
[11:15] {dino} can't type today i see
[11:15] {dino} no
[11:15] {bruce} 3.50 drop
[11:17] {bruce} 4.50 drop
[11:18] {Threei} you saw MF news right?
[11:19] {dino} yes trading losses, class actions, etc
[11:19] {Threei} 03/04/08 09:11pm
[11:19] {Threei} [MF] MF Global Ltd. Facing wheat-futures trading probe by Federal law-enforcement officials - WSJ
[11:19] {Threei} - The probe will focus on trades by fired trader Evan Dooley that cost the firm about $141.5M.
[11:19] {dino} i'm staying away
[11:19] {bruce} 5.50 drop
[11:19] {bruce} good plan dino
[11:20] {Threei} capitulation
[11:20] {Chaeron} dang those rogue traders
[11:20] {dino} easier trades out there bruce
[11:20] {bruce} 6.50 drop and still gong
[11:21] {dino} get it off your screen, imo
[11:21] {bruce} jeez - going to 0 -
[11:21] {Chaeron} can't dino.. hypnotized here....
[11:21] {Threei} no kidding, it's mesmerizing
[11:22] {Threei} and good for you as it keeps you from trading at the moment
[11:24] {lumdus} leh short
[11:24] {dino} apol stopped
[11:25] {lumdus} out already +.35
[11:25] {lumdus} that was easy
[11:25] {dino} gj
[11:25] {lumdus} not really could have go way more
[11:26] {Threei} oh boy MF
[11:26] {bruce} maybe we should of .33 c in mf
[11:26] {bruce} bid rather
[11:27] {lumdus} bruce, good idea. let's chip in .. my check of .33 in the mail.
[11:27] {bruce} lol
[11:27] {Threei} you guys are too generous
[11:27] {Threei} I won't bid above .19
[11:27] {lumdus} volume increasing like heck on mf
[11:28] {bruce} starting to look like you're right on your bid vad
[11:28] {Threei} even 4 won't hold
[11:28] {lumdus} how low can it go .. :)
[11:28] {bruce} won't it be stopped on this kind of activity?
[11:29] {lumdus} bruce. i think it could be stopped. but who the heck knows.
[11:31] {dino} risky, sm l alxn .07, stop .53
[11:32] {Threei} news it out, so probably no reason for halt... but...
[11:33] {bruce} so much for safety in ags in times of turmoil
[11:33] {lumdus} aapl wondering if it could make a run
[11:33] {dino} fcsx ouch
[11:34] {dino} capital group again
[11:34] {dino} gfig ouch
[11:34] {dino} same deal
[11:35] {dino} shooting them all
[11:36] {bruce} any read on leh long here vad?
[11:37] {Threei} honestly bruce... any trade at the moment feels like crapsdhoot to me
[11:37] {bruce} k
[11:40] {dino} ibkr
[11:40] {bruce} mf finding support
[11:40] {bruce} aet looking like possible longto me here dino
[11:42] {dino} hmmm ibkr, seems odd they collapse w/other stuff
[11:43] {Threei} RIMM short
[11:43] {Threei} as close to .50 as possible
[11:44] {Threei} first weakness from here
[11:44] {magoo} i like it long..just opinion
[11:44] {Threei} stop above .60
[11:44] {dino} l sm ibksr .50, risky
[11:45] {dino} pnsn
[11:47] {Threei} stopped
[11:47] {Threei} magoo was right
[11:48] {Chaeron} seems like noone right in this slop
[11:52] {Threei} yeah, it's down again... magoo wasn't right {G}
[11:54] {GeoArb} .25 in rimm
[11:54] {GeoArb} held vad's call
[11:54] {GeoArb} thnks
[11:55] {Threei} welcome Geo... scary tohold when it goes against you
[11:55] {Threei} be careful
[11:55] {GeoArb} easy with 100 shares ;)
[11:55] {Threei} monetary wise yes,
[11:55] {Threei} but it's chart that should govern your action
[11:55] {GeoArb} true
[11:56] {Threei} paper trading or small shares trading must be done in the same fashion as you are goinfg tyo trade normal size
[11:56] {GeoArb} my stop was previous pivot high
[11:56] {GeoArb} maybe too wide
[11:56] {Threei} othrwise theere is no learning effect
[11:56] {Threei} if your stop was based differently, that's fine
[11:57] {Threei} as long as there was a reason for it
[11:57] {Threei} bigger time frame, next level of resistance
[11:57] {Threei} no problem with that, it's valid approach
[11:57] {GeoArb} will revaluate.... thanks
[11:57] {Threei} just not a "my position is small, I can try and hold"
[11:57] {GeoArb} ok
[11:57] {Threei} look at RIMM
[11:57] {Threei} grrr'
[12:03] {Threei} MF double bottom is in
[12:03] {Threei} scary as hell
[12:03] {Threei} no specific call guys
[12:03] {Threei} if you feel it, take small
[12:04] {Threei} if you feel you need a specific call, stay away
[12:05] {dino} de sm l .96
[12:08] {dino} fcsx
[12:19] {GeoArb} off to work
[12:19] {GeoArb} thanks all
[12:22] {Threei} take care Geo
[12:26] {bruce} stopped aet +.05c
[12:26] {dino} good stop
[12:27] {bruce} thanx dino - figured thats what you would do - make sure profit doesn't disappear completley
[12:28] {Threei} 97 break RIMM short
[12:29] {bruce} what you thinking for rimm stop vad?
[12:29] {bruce} .25 or so?
[12:29] {Threei} watching all these bounces before setup to see where the best resistance is
[12:29] {bruce} k
[12:29] {Threei} so far yes, .25
[12:30] {Threei} NQ hasn't decided to break down or not yet
[12:30] {Threei} so hesitates RIMM
[12:31] {dino} fcsx
[12:31] {bruce} fwlt - bounce time dino?
[12:31] {dino} brb
[12:32] {dino} if it hoilds .75]
[12:36] {bruce} s rimm
[12:37] {Chaeron} stopped rimm
[12:37] {bruce} stooped rimm-.30
[12:41] {Threei} not much is working today so far
[12:44] {bruce} double bottome de here dino
[12:45] {dino} y
[12:46] {Threei} if you went for MF, feel free to take profit
[12:46] {dino} risky sm, l fmcn .40
[12:50] {bruce} nice one fmcn dno - dont see where you got .40 trigger but sure worked
[12:51] {dino} was waiting for about 20 minutes, one of those, thought it would not get there things
[12:51] {dino} trades strangly
[12:52] {bruce} k- nice job of catching reversal point
[12:52] {bruce} de looking long here
[12:52] {dino} y
[12:56] {bruce} fwlt looks long too
[12:56] {bruce} can set fairly small stop
[12:56] {dino} they all do, lol
[12:57] {bruce} buy everything?
[12:57] {bruce} lol
[12:57] {dino} yes
[13:00] {Threei} MF
[13:00] {Threei} CO. HAS SUFFICIENT FUNDING TO CONDUCT NORMAL BUSINESS; CO. HAS ALTERNATIVE SOURCES TO FUNDS BUSINESS IF EVENTS CHANGE
- Says Bear stearns investor Joe Lewis is not a client
[13:00] {Threei} - Says has $1.4B in committed, undrawn credit facilities
[13:01] {bruce} vadxrefferring to his persoanl loan to them - nigerian credits
[13:01] {Threei} lol
[13:02] {dino} sounds familiar
[13:02] {bruce} vad - what do you think of a retracement long in rimm near here?
[13:02] {Threei} with stop under .50?
[13:02] {bruce} was noticing the strong support at .50
[13:02] {Threei} I like it chart wise
[13:02] {bruce} wondeirng if worth try
[13:04] {dino} fmcn stopped -.50
[13:06] {bruce} sorry dino - sucks - quick markte drop
[13:07] {bruce} next supprt rimm 97
[13:07] {dino} small no biggie
[13:07] {Chaeron} market telling me not to even bother trying today
[13:07] {dino} still loike it, just where
[13:08] {bruce} yes- hard to pick entries
[13:09] {bruce} rimm bounce on first sign of strength or just back off for now vad?
[13:13] {Threei} ugh
[13:13] {Threei} not sure bruce
[13:13] {Threei} coin toss at this point
[13:14] {bruce} me either - lloks like coin toss on breakdown or bounce
[13:14] {lumdus} ok, tossing coin here. i advise which way
[13:14] {magoo} UP
[13:14] {magoo} heads
[13:14] {magoo} or, heads up
[13:15] {Threei} betting farm here
[13:15] {bruce} wheres dino's gun - worked earlier
[13:15] {bruce} k- I'll help bet your farm for you vad
[13:15] {dino} 32.70 trig l fmcn sm l .70 wide
[13:16] {dino} maybe gun to the head time
[13:17] {magoo} dino gun in my mouth
[13:17] {bruce} lol mags
[13:17] {lumdus} l jpm 39.48 stop 39.36 looked strong when market came dwown
[13:17] {bruce} thats the signal to buy him lunch
[13:20] {bruce} wow - hope you're out dino
[13:20] {bruce} I just lost your farm on you vad
[13:22] {dino} 3 month t-bill yield at 50 year low
[13:26] {Threei} magoo's fault, bruce
[13:26] {dino} not in bruce did not trig
[13:26] {bruce} good
[13:27] {Chaeron} [10:22] {dino} 3 month t-bill yield at 50 year low
[13:27] {Chaeron} [10:26] {Threei} magoo's fault, brucemagoo' fault, dino
[13:27] {Chaeron} what the?
[13:27] {bruce} watching rimm here
[13:27] {Chaeron} either way, it's magoo's fault
[13:28] {bruce} so true chaeron
[13:30] {bruce} magoo obviously asleep
[13:30] {dino} darn missed
[13:30] * bruce slaps magoo around a bit with a large trout
[13:31] {bruce} fwlt , rimm alxn cat
[13:31] {bruce} all possible longs on boucne
[13:31] {lumdus} l amzn 65.55 stop 65.45
[13:32] {lumdus} coin tossing today . after a friday like we had, this is just plain errr
[13:35] {magoo} vad, did ARNA have news today?
[13:35] {Threei} yes
[13:35] {magoo} positive?
[13:35] {Threei} 07:01am [ARNA] Lorcaserin for obesity passes a major safety milestone in independent review
[13:35] {magoo} ok TY
[13:36] {magoo} at 2 pm vad, call RIMM short..that spiked massive rallies 4 days last week
[13:36] {lumdus} bounce time ?
[13:38] {Threei} hmmm
[13:38] {Threei} meltdown is just as likely
[13:39] {bruce} q's breaking new lows here
[13:39] {lumdus} ok i really have 0 idea what's going on today.
[13:40] {Threei} I am right there with you lum
[13:40] {lumdus} what's the deal with sds. looks very strong
[13:44] {magoo} did ucall RIMM short vad??
[13:46] {Threei} no... sorry
[13:46] {Threei} I decided your very mention will be enough
[13:46] {Threei} and it was
[13:46] {lumdus} rally !!!
[13:47] {Threei} LEH
[13:47] {Threei} TICKS UP FROM SESSION LOWS ON TAKEOVER CHATTER- Barclays rumored as possible buyer
[13:48] {dino} yeah at 2 bucks, lol
[13:49] {bruce} was watching leh
[13:49] {bruce} was never a setup w less than 50 stop
[13:53] {bruce} alxn long dino?
[13:54] {dino} i like it\
[13:54] {dino} fmcn triggered
[13:55] {bruce} l alxn .50
[14:03] {dino} out fmcn 34.15, +1.45
[14:04] {bruce} wow - nice dino
[14:04] {bruce} dumped alxn +.06 on weakenss
[14:04] {dino} lucky, but thx
[14:05] {dino} you get de
[14:05] {dino} tech blood
[14:05] {bruce} no
[14:05] {bruce} trading one attime today
[14:06] {dino} ok
[14:06] {dino} lots going here
[14:09] {dino} out ibkr .91, +.41
[14:11] {dino} out de .54, +.58
[14:11] {dptl} Bruce...ty out alxn+.30....and ty for de...earlier got +.22
[14:11] {bruce} great dp
[14:12] {dino} bruce makes us money
[14:12] {magoo} what u stalkin vad?
[14:13] {dino} nice alxn
[14:13] {bruce} great moves dino - I don't trust laser auto stops - so don'twant to enter multiple tades - espcially today agtyer seeing major selloffs
[14:13] {dino} not w/laser, so use them
[14:14] {Threei} can't find anything even remotely looking readable to me at the moment magoo
[14:14] {dino} brb
[14:14] {Threei} bruce, you had any problems with them?
[14:15] {bruce} at times vad- triggersing quite a way below entry
[14:15] {Threei} we are talking OMS module?
[14:15] {bruce} may have been action of stock
[14:15] {bruce} yes
[14:15] {bruce} oms
[14:15] {Threei} OK... worked nicely for me when I tested it but I don't use it regularly
[14:16] {bruce} seems to work well at times
[14:16] {bruce} and not others
[14:22] {dino} bfam
[14:25] {dino} hard stops, bruce, my sometimes fill badly too, but overall they work well
[14:26] {bruce} k- definitley nicer to have them as backup
[14:26] {dino} i'm pretty much an idiot w/o them
[14:27] {bruce} possible long in leh at .50 w 12 c stop
[14:27] {bruce} invalidated
[14:28] {Threei} 97.10 break long RIMM
[14:28] {Threei} if stays above .90
[14:28] {Threei} BSC JOE LEWIS CALLS JPM OFFER DERISORY AND DOES NOT THINK THEY WILL GET IT - CNBC
[14:29] {Chaeron} http://www.businessandmedia.org/articles/2008/20080317110946.aspx - Oops - CNBC's Cramer Said 'Don't Move' From Bear a Week Before Collapse - 'Mad Money' host drastically underestimated the investment bank's trouble surrounding the mortgage crisis.
[14:30] {Threei} heh
[14:31] {lumdus} if i had to do analysis on bsc it should go up to 5 now.. at least.
[14:31] {Threei} derisory eh
[14:32] {Threei} investors holding BSC in their portfolios conasider today's opening price dderisory
[14:32] {lumdus} what does dderisory mean ?
[14:33] {ThurstonHowellTheThird} laughable, ridiculouse
[14:33] {Threei} ask joe lewis
[14:33] {lumdus} ok, so maybe they get better offer..
[14:33] {bruce} short for damned very sorry vad
[14:33] {lumdus} tx bruce. i no speka de english so good
[14:34] {Threei} lum... to read makes us speak English good
[14:34] {lumdus} in in bsc 4.30
[14:35] {lumdus} i like the news .. hee hee
[14:35] {Threei} lum, just don't hold it overnight
[14:35] {Threei} stay defensive
[14:35] {lumdus} why you think i crazy ?
[14:35] {Threei} book profits or at least protect them by partialing out
[14:36] {Chaeron} not you per se, but the market is :)
[14:36] {Threei} of course I do... and don't tell me you never gave me a reason {G}
[14:36] {Threei} three people in the room are on crazy side
[14:36] {bruce} mago magoo magooo
[14:36] {Chaeron} rofl
[14:36] {lumdus} 1) vad, 2) vad, 3) lumdus
[14:37] {Threei} to be fair, you are the least crazy out of three :)
[14:37] {dino} lol
[14:38] {lumdus} logic says that if the ceo thinks it's a crazy price he will go shopping for better price or at least jpm will go a few bucks higher.
[14:38] {lumdus} so it's worth an intraday shot i think.
[14:38] {Threei} you assume his lamenting is truthful
[14:38] {dino} fmcn sm l .01
[14:39] {dino} fed is pushing him tho, different rules imo
[14:39] {Threei} but these the same people I quoted earlier:
[14:39] {Threei} [08:50] {Threei} have a look at this piece of news just a week ago:
[14:39] {Threei} [08:50] {Threei} BEAR STEARNS DENIES LIQUIDITY RUMORS
[14:39] {Threei} [08:50] {Threei} NEW YORK – New York – March 10, 2008 — The Bear Stearns Companies Inc. today denied market rumors regarding the firm's liquidity. The company stated that there is absolutely no truth to the rumors of liquidity problems that circulated today in the market.
[14:39] {Threei} [08:50] {Threei} Alan Schwartz, President and CEO of The Bear Stearns Companies Inc., said, "Bear Stearns' bal
[14:39] {Threei} absolutely
[14:39] {Threei} no truth
[14:39] {Threei} to the rumors
[14:39] {Threei} how about that?
[14:40] {Chaeron} *cough - lawsuit! cough*
[14:40] {dino} ya think, :)
[14:40] {dino} they filed some friday
[14:40] {Threei} with all the gamesmanchip going on behind the scenes
[14:40] {lumdus} bsc, no liquidity .. and yes, i am a billionare.
[14:41] {Threei} there is no word coming of their mouth that I would take at face value
[14:42] {dino} listen they a saying this to pump and dump
[14:42] {dino} they are already fried
[14:42] {Threei} there
[14:42] {Threei} this I blieve easily
[14:42] {bruce} how about "pass the hat"?
[14:42] {dino} out fmcn .46, +.45
[14:42] {Threei} I don't think anyone went for RIMM break .10
[14:43] {Threei} but if someone did, take profit and be happy
[14:44] {Threei} you are getting good traction on BSC lum
[14:44] {Threei} can I interest you in taking half off the table?
[14:45] {Threei} quite empty day for me
[14:45] {Threei} we have Fed tomorrow, right?
[14:46] {bruce} fds dino
[14:46] {lumdus} bsc +.20 jpm +.45
[14:46] {Chaeron} EU'S ALMUNIA: " EUROPE NO LONGER IN ECONOMIC GOODTIMES" (no "dy no MITE!" ? :)
[14:47] {dino} fds, fat, drunk, "& stupid
[14:47] {Threei} yeah, 2:15 Fed decision
[14:48] {dptl} today?
[14:48] {Chaeron} Tuds
[14:48] {lumdus} in c 18.60
[14:48] {Chaeron} Tuesday
[14:48] {Threei} tomorerow dp
[14:48] {Chaeron} US SENATOR SCHUMER: FED ACTIONS 'NECESSARY' TO PREVENT 'MELTDOWN', FED MOVES WERE 'SMART' AND 'TIMELY'
[14:48] {dptl} ok ty
[14:48] {bruce} lol dino
[14:49] {lumdus} i am glad the brillian schumer agrees with the fed. hee hee
[14:49] {dino} fds hmmmm
[14:49] {bruce} out fds - quick scalp +.18
[14:51] {dino} gj
[14:51] {dino} bfam sm l .68, stop lod
[14:51] {bruce} thanx
[14:52] {lumdus} L SGP 19.36 STOP 19.29
[14:52] {Threei} RIMM .70 long if stays above .50
[14:55] * Threei is kicking RIMM in the rear
[14:55] {Chaeron} careful - it kicks back
[14:55] {lumdus} you in already ?
[14:56] {Chaeron} I am
[14:56] {Threei} yes sir
[14:57] {Chaeron} good job with that boot
[14:57] {Threei} 1:1
[14:57] {Threei} 1:2, me out
[14:57] {Threei} wow
[14:57] {Threei} lol
[14:57] {Threei} that was some kick eh
[14:57] {lumdus} out 98.43
[14:57] {lumdus} tx sirr +.63
[14:57] {Threei} welcome lum
[14:58] {Chaeron} 98.46 here... + .72
[14:58] {Chaeron} many thanks Vad
[14:58] {Threei} you are so very welcome
[14:58] {bruce} out rimmsky + .56
[14:58] {dino} gj
[14:58] {Threei} I knew there was a reason I still haven't fell asleep
[14:58] {lumdus} that was so damm qick vad
[14:58] {Chaeron} nice and fast ex on Laser too... just when I needed it most
[15:00] {magoo} TY vad rimm, out ,
[15:00] {Threei} I was wondering mags... :)
[15:00] {Threei} you don't miss this kind of plays unless you are unconscious
[15:00] {magoo} was just waiting at .44
[15:00] {magoo} took l.onger
[15:01] {Threei} mama mia
[15:01] {bruce} I like trading rimm - just wish it was easier to read
[15:01] {Threei} paulson actually just said "we have strong dollar policy"
[15:01] {Threei} wait for me, I need to faint
[15:01] {lumdus} magoo, my fills where .44 & .50
[15:02] {lumdus} maybe he in denial - stronge
[15:02] {Threei} you know bruce
[15:02] {Threei} the more we deal with this one
[15:02] {bruce} never heard of the guy
[15:02] {Threei} the more I come to conclusion that it's quite tradeable under one condition
[15:03] {Threei} pick setups that allow you to keep clean chart based tight stops
[15:03] {dino} chaos?
[15:03] {bruce} its definitely worth learning to trade vad
[15:03] {bruce} quick mov es
[15:03] {Threei} if you do that, you will get one of valid setups working finally
[15:03] {bruce} great liquiditiy\
[15:03] {bruce} and reasonably tight spread
[15:03] {Threei} and what RIMM does whan it works will bring you back tw-threre stops and then some
[15:04] {Threei} and it's not like you run 1 out of 4 odds on it
[15:05] {bruce} it seems to have spots wee it can be read most days
[15:05] {Threei} yes
[15:05] {bruce} picking entrys is key
[15:05] {bruce} fds goinglong again
[15:06] {lumdus} finally sgp up a whole .04
[15:07] {bruce} doggy duty break
[15:08] {magoo} i jusdt hit RIMM 98 to 98.87...sorry
[15:08] {magoo} no way i vcould post
[15:09] {dino} gj
[15:10] {judi} we signing off for today with a +day, thanks all
[15:10] {dino} gj judi
[15:12] {lumdus} vad's call in am to be patient and slow was key to the sucess today.
[15:12] {lumdus} ok, if fed quite, BSC ceo quiet, then we might have a run up :)
[15:14] {Threei} good to hear judi
[15:14] {Threei} and magoo... you know what is coming, don't you?
[15:14] {magoo} huh?
[15:14] * Threei slaps magoo around a bit with a large trout
[15:15] {lumdus} vad, bsc could have eOD rally on think. based on my expert analysis LOL
[15:15] {Threei} for indecent profits
[15:15] {Threei} see lum... you are doing analysis... I grab'em when they trigger and abandon'em as they work or get stopped :)
[15:17] {Threei} but I do respect anyone who can spell analysis, that's more than I can say about myself
[15:17] {lumdus} thank you , please stand up in my honor
[15:17] {lumdus} and don't hit the seat so hard.
[15:18] {Threei} lol
[15:18] {magoo} vad, is this good bounce area RIMM?
[15:18] {lumdus} ok, bsc acting like a good sport, starting to look at least
[15:18] {Threei} it is by chart, I am not sure I understand why it dropped that far while NQ upticking
[15:19] {Threei} no RIMM specific news eithedr
[15:20] {Threei} just be careful, keep stop as if your very life depended on them
[15:20] {lumdus} analysis of bsc so far very good. maybe wsj can hire me.
[15:21] {dino} that will surely screw you up
[15:21] {lumdus} above 5 and we go to 8 right .. !
[15:21] {Threei} and not telling what it will do to WSJ
[15:22] {Threei} dunno about 8 but heck of a job so far lum
[15:22] {lumdus} they didn't pay for that much analysis.
[15:23] {lumdus} stop 4.86 should be nice enoght in 4.50 stop 4.86
[15:23] {Threei} you took RIMM off 97.50 mags?
[15:23] {lumdus} i am out.. crap
[15:24] {magoo} yup
[15:24] {Threei} still in?
[15:24] {magoo} .16 actually
[15:24] {dino} bfam stop to .95
[15:24] {dino} this is one crazy market
[15:25] {Threei} is Dow really up 72?
[15:25] {Threei} or am I hallucinating?
[15:25] {Chaeron} nope.. you're ok
[15:25] {lumdus} no, up 75
[15:25] {Chaeron} 78
[15:25] {Threei} what ca I say.. PPT is good
[15:26] {dino} 94
[15:26] {dino} yeah for a day or so
[15:27] {Threei} sure
[15:27] {Threei} but heck... try to keep above the water market THIS scared
[15:28] {lumdus} c, is pathetic
[15:29] {Threei} look at BSC tumble
[15:30] {Threei} good exit lum
[15:30] {Threei} I don't know what your guts are made of, most likely cast iron... but you played it perfectly
[15:31] {dino} out bfam .04, +.36
[15:31] {lumdus} in bsc 4.72 stop 4.59
[15:32] {lumdus} stop on bsc 4.64
[15:34] {dino} sm l fds .08
[15:35] {lumdus} stop on bsc 4.69
[15:36] {lumdus} hmm, bsc getting tired now. i exit soon
[15:36] {Threei} JASO .80 is tempting for long
[15:36] {Threei} I wish we had more time before eod
[15:37] {lumdus} bsc out
[15:37] {Threei} thing is way safer than it used to be when traded in stratosphere
[15:37] {Chaeron} but not as fun
[15:37] {Threei} lol
[15:39] {Threei} if it can eat through these offers it has aa good chance
[15:39] {Threei} stop would be under .60
[15:47] {Threei} prbably won't happen JASO
[15:47] {Chaeron} .
[15:47] {Chaeron} .
[15:47] {Threei} too close to eod
[15:47] {Threei} worth watching tomorrow though
[15:47] {Threei} but since I will forget anyway...
[15:50] {Threei} Ok guys, let's call it a day if you don't mind terribly
[15:50] {dino} out fds .25, +.17
[15:50] {Threei} thank you all, have a good evening
[15:50] {Threei} see you tomorrow
[15:50] {magoo} TY vad
[15:50] {Threei} welcome sir
[15:50] {Threei} dino grabbed last piece of money from the street :)
[15:51] {dino} indeed sir
[15:51] {Threei} hmm
[15:51] {Threei} JASO
[15:51] {Threei} nah... no time
[15:53] {dptl} have a good evening all:)
[15:55] {dino} take care all
[15:55] {dino} good day overall
[15:59] {dino} fmcn fast fall again
[16:04] {bruce} lots ofbig dumps today
[16:04] {bruce} wish we had some way to grab those
[16:07] {bruce} nightall
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