Tuesday, January 29, 2008

January 29, 2008

Session Start: Tue Jan 29 00:00:00 2008

Session Time: Tue Jan 29 00:00:00 2008

[05:38] {magoo} mornoing
[05:40] {Threei} good morning
[05:41] {hawkfan4} good morning Mags, Vad, all
[05:42] {Threei} magoo, hawk :)
[05:54] {cosmo} ZRAN (beats/warns) pre mkt high = 12.15 fwiw
[05:55] {magoo} can u imagine..vmw..beats estimates and crushed 23 points
[05:57] {esemde} good morning
[05:58] {Threei} ese :)
[05:59] {Threei} [VMW] VMware Sees 2008 revenue up about 50% - conf call
[05:59] {Threei} - Implies 2008 sales of about $1.995B v $2.08Be.
[05:59] {Threei} - Sees 2008 non-GAAP operating margins in mid-20%s. Q1 margins expected to be seasonally lower.
[06:00] {Threei} 07:43am [VMW] Shares cut to average from buy at Caris; Price Target $60
[06:01] {Threei} just goes to show mags...
[06:02] {dptl} good morning all
[06:02] {Threei} as usual, attempts to predict market movements off the common sense are doomed
[06:02] {Threei} dp :)
[06:05] {magoo} yeah
[06:08] {Threei} AAPL strong
[06:09] {magoo} wasn't aapl high yesterday like 136?
[06:09] {Threei} I show 132.68
[06:10] {magoo} ok
[06:12] {Threei} bruce, how are you coping with cold?
[06:12] {Threei} tv says -50 C... true?
[06:13] {dino} gm all
[06:13] {Threei} dino :)
[06:14] {dino} wow, that's cold
[06:14] {dino} i'm not moving there, we get -10 and i've about had it
[06:15] {Threei} no kidding dino
[06:15] {esemde} SNDK revs down about 100 mil trading down about 6%
[06:15] {bruce} trying to stay inside vad
[06:15] {bruce} definitely frosty
[06:16] {cosmo} LMRA: Lumera receives order and enters into agreement with Lockheed Martin
[06:16] {cosmo} Briefing.com (Tue 8:46am)
[06:16] {bruce} spent 40 mins shovelling snow yesterday - not fun
[06:16] {Threei} -50 C = -58 F
[06:16] {bruce} wind chill
[06:16] {bruce} its about - 36 w/out wind
[06:17] {bruce} just plain nasty frankly
[06:17] {esemde} -50 whoaaa ...where do you live Bruce
[06:17] {bruce} central canada - saskatchewan here
[06:17] {Threei} [LMRA] Lumera Corporation Receives order from Lockheed
[06:17] {Threei} - Received a purchase order from Lockheed Martin for Lumera's high electro-optic activity materials. The term of the existing agreement was extended through December 31, 2009, during which time Lockheed Martin will advise Lumera of its intentions regarding a commercial license for the materials.
[06:17] {bruce} we have a couple weeks a yr of this really frosty stuffr most yrs
[06:18] {dino} man....that's cold
[06:18] {esemde} I'm from Saskatchewan....mom from Central Butte...dad from Indian Head...lived in Regina....
[06:19] {bruce} stoon here ese
[06:19] {bruce} small world
[06:19] {magoo} bruce, u in a city up there or remote?
[06:19] {esemde} thats too bad....
[06:19] {bruce} city mags
[06:19] {bruce} saskatoon
[06:20] {bruce} can get frostbite w/out even realizing it at these temps
[06:20] {bruce} need to dress for it
[06:21] {esemde} never liked Stoon...lost a provincial chess semi final to some guy from Stoon..lost a high school badminton semi final to some guy from Stoon...lost my first girlfriend to some guy from Stoon....
[06:21] {Threei} you are a chess player ese?
[06:22] {bruce} sorry ese
[06:22] {esemde} indeed...but not much anymore.
[06:22] {esemde} vad
[06:22] {bruce} had fun with your gfriend though
[06:22] {Threei} same here... :)
[06:22] {dino} es, stay away from stoon
[06:22] {dino} lol
[06:22] {esemde} would have to really study it again ...but do play for fun
[06:22] {Threei} haven't played really since early college
[06:22] {esemde} tks dino...
[06:23] {cosmo} "The Studs of Stoon"
[06:23] {cosmo} ...comming soon
[06:23] {esemde} strategy now is just to survive first 5 moves
[06:23] {cosmo} coming
[06:23] {bruce} lol cosmo
[06:23] {Threei} but did take 2-3 place in USSR junior championate ages ago
[06:23] {esemde} tks cos....me and you bruce....
[06:24] {esemde} well if you can play anywhere near that vad
[06:24] {esemde} i'm no competetion for you
[06:24] {Threei} replace can with could...
[06:24] {bruce} vmw dino
[06:24] {esemde} it was fun
[06:25] {dino} watching it bruce, lowered guidance, so, want to wait
[06:25] {bruce} k
[06:25] {esemde} use to study all the intros...great moves...try to replay classic games...
[06:25] {esemde} chess club at school
[06:27] {bruce} amag may be long bounce candidate
[06:31] {Threei} VMW 58 break short if consolidates closer to it
[06:31] {magoo} not avail
[06:31] {Threei} and jjumped too far anyway
[06:31] {dino} saddle-up
[06:32] {cosmo} zran
[06:33] {Threei} AAPL short small closer to 132
[06:33] {Threei} finger on a trigger
[06:34] {dino} watching it cos
[06:34] {Threei} in
[06:34] {magoo} in
[06:34] {Threei} .55 stop
[06:34] {magoo} .43
[06:35] {magoo} out .10 TY
[06:35] {Threei} out .90
[06:35] {magoo} dammit
[06:35] {Threei} +.55
[06:35] {magoo} in scalp mode from yesterday
[06:36] {Threei} me too
[06:36] {magoo} +.33
[06:36] {dino} stay there magoo
[06:37] {Threei} looking to reapeat if looks like double top
[06:38] {Threei} not so far
[06:39] {Threei} NUAN .56 long if stays above .40
[06:39] {Threei} slow one
[06:40] {dino} sm l spwr .85, stop .35
[06:41] {Threei} AAPL long .20
[06:41] {Threei} if stays above 132
[06:41] {esemde} half lot long JBLU 5.36
[06:41] {Threei} invalidated, rather pullback long closer to 131.50
[06:42] {bruce} you waiting for .85 to trigger trade dino?
[06:42] {dino} stopped
[06:42] {Threei} didn't get close enough for entry
[06:42] {bruce} k
[06:43] {bruce} bidu dino? - down 5 bucks
[06:44] {Threei} 5 bucks is nothing in BIDU terms bruce
[06:44] {magoo} sheesh btruce
[06:44] {magoo} goes down 35 points
[06:44] {dino} no bruce, bidu tough
[06:44] {bruce} k - thanx guys
[06:44] {magoo} aapl vad?
[06:44] {dino} i want an easy day today bruce, keep searching:)
[06:45] {Threei} a bit lower I think
[06:46] {bruce} easy day - sounds good to me
[06:47] {Threei} get ready mags
[06:47] {magoo} naz still falling
[06:48] {Threei} either .50 break or dive closer to 131
[06:48] {magoo} dive
[06:48] {Threei} I like dive idea better
[06:49] {Threei} not falling with NASDAQ anymore
[06:49] {Threei} out +.45
[06:49] {magoo} well..missed entry
[06:50] {Threei} got .51
[06:50] {magoo} nice
[06:50] {dino} jaso l .25
[06:50] {magoo} way fast
[06:50] {bruce} tech short near here dino?
[06:51] {dino} yeah
[06:52] {dino} jaso stopped
[06:52] {Threei} DNDN
[06:52] {magoo} OY
[06:52] {Threei} rumors
[06:52] {magoo} nver works imho
[06:53] {magoo} qid bounce vad?
[06:53] {magoo} oops
[06:53] {magoo} wrong way
[06:55] {Threei} missed AAPL this time, was way too fast on dive
[06:55] {esemde} out JBLU even...
[06:57] {bruce} I have no idea how to read aapl at this point - simply looks like a mess to me
[06:57] {dino} nice tech bruce, i missed was at .85
[06:58] {bruce} thanx dino
[06:59] {Threei} NUAN was nice short of support break...
[06:59] {Threei} maybe bounces for another chance
[07:00] {magoo} but it was a long call setup right?
[07:00] {Threei} JAN CONSUMER CONFIDENCE: 87.9 V 87.0E
[07:00] {Threei} it never triggered on a long side and broke support instead
[07:03] {Threei} ATAI IPO OPENS FOR TRADE AT $9.50
[07:03] {Threei} nice timing
[07:12] {dino} oih green
[07:12] {dino} jaso here. .25 sm
[07:17] {dino} can't get thru .55
[07:17] {esemde} ESLR bstop 12.28....
[07:22] {Threei} FSLR
[07:22] {Threei} TICKING HIGHER ON RENEWED RUMORS OF POTENTIAL LARGE JOINT VENTURE
[07:23] {magoo} could go 30 points if so vad
[07:23] {magoo} a bidu personality
[07:24] {Threei} I'd rather try to find sympathy play if it does
[07:24] {dino} sm l vmw .75 risky, wide
[07:25] {bruce} watching it dino - but would prefer to see it sell off even more
[07:26] {Threei} SOLF .71 long half lot
[07:27] {Threei} stop under .50
[07:30] {magoo} u in?
[07:30] {dino} you're right bruce stopping it
[07:30] {Threei} yes
[07:32] {Threei} .55 stop
[07:32] {Threei} bottomed at .58 before triggering
[07:34] {dino} vwm wild ride
[07:36] {Threei} no worky SOLF
[07:37] {bruce} fast mover - good thing you're going for easy ones today dino
[07:39] {dino} lol
[07:40] {dino} i'm sizing down today, things are strange, imo
[07:40] {bruce} k
[07:41] {Threei} market is trying to decide how to go about tomorrow's fed
[07:42] {bruce} Ihave trouble w your qid trades vad
[07:42] {bruce} hard to figure out where to exit them
[07:42] {bruce} somethimes moves 8c - sometiems 40
[07:42] {dino} i get stopped alot on qid
[07:43] {bruce} doesn't seem to be any rythm or reason to moves
[07:44] {esemde} am long by the way ESLR at .27
[07:44] {bruce} cinf short dino?
[07:44] {dino} if vmw breaks 57, maybe long
[07:44] {esemde} got distracted forgot to announce the fill
[07:44] {dino} needs more imo
[07:45] {bruce} k
[07:46] {Threei} NUAN 16 break short
[07:54] {dino} can jaso get thru .60
[07:55] {dino} erts
[07:56] {dino} rick
[07:57] {dino} tech again bruce
[07:59] {dino} clmt
[07:59] {bruce} yes - and erts looks good here
[07:59] {dino} crazy
[07:59] {dino} thin
[07:59] {Threei} VMW 56 short small shares if stays below .35
[08:00] {Threei} ugh, not in short list
[08:00] {magoo} u can get it??
[08:00] {Threei} forgot
[08:00] {Threei} nice headfake SOLF
[08:01] {dino} out jaso .75, +.50
[08:02] {bruce} nice dino
[08:03] {dino} ty, lucky
[08:04] {dino} sm s tech .64
[08:05] {dino} didn't expect that
[08:07] {Threei} FSLR hels your ESLR trade ese
[08:07] {bruce} great entry for tech
[08:07] {dino} helps them all it seems
[08:07] {Threei} CSIQ is not very enthusiastic
[08:07] {dino} always cut jaso too soon
[08:07] {esemde} yes it does...you trade 3 day highs right Vad
[08:07] {Threei} used to be much mofe responsive
[08:08] {magoo} [10:23] {magoo} could go 30 points if so vad
[08:08] {magoo} [10:23] {magoo} a bidu personality
[08:08] {magoo} [10:24] {Threei} I'd rather try to fin
[08:08] {dino} ibm l .00, sm
[08:08] {esemde} Vad you trade 3 day highs correct..
[08:08] {Threei} sure
[08:09] {Threei} and two
[08:09] {esemde} because ESLR is there now.....
[08:09] {dino} ibm stop to b/e
[08:09] {esemde} don't know if you can give me a sense on how it will perform or not
[08:09] {esemde} iis that possible..
[08:09] {Threei} can't tell ese, simply because I don't think ESLR is moving on its own merits
[08:10] {Threei} I see it as FSLR sympathy at this point
[08:10] {esemde} ok
[08:11] {dino} ibm stopped flat
[08:13] {esemde} I gone for the day everyone....have a good rest of it...
[08:13] {Threei} take care ese :)
[08:13] {bruce} you too ese
[08:13] {esemde} see ya bruce Vad
[08:13] {Threei} see how ESLR follows F-sibling?
[08:13] {esemde} yes
[08:13] {dino} vmw l sm .00
[08:13] {esemde} am gonna swing this for the rest of the day..
[08:14] {dino} rejected
[08:14] {dino} tech bstop to .44
[08:14] {bruce} hmmm - jaso entering short area dino?
[08:15] {dino} dk, watch oih imo
[08:17] {dino} vmw stop is .79
[08:17] {dino} tech stopped .44, +.20
[08:18] {dino} vmw stopped -.21, done w/it, too tough
[08:20] {Threei} CLWR
[08:20] {Threei} TICKS HIGHER ON RENEWED TAKEOVER CHATTER
[08:21] {magoo} aapl read vad?
[08:21] {Threei} none
[08:21] {Threei} stalled in the middle of range, no slightest indication either way
[08:23] {dino} tech
[08:28] {Threei} 191 break long small shares FSLR, stop under .50
[08:29] {bruce} I like vmw long here dino
[08:29] {Chaeron} hey all
[08:30] {Threei} hi chaeron
[08:30] {dino} gm chaer
[08:31] {bruce} l vmw.74
[08:31] {dino} tech sm s break of .65
[08:33] {magoo} in fslr long
[08:35] {bruce} out vmw +.66
[08:35] {dino} wtg
[08:36] {dino} what was entry?
[08:36] {bruce} thanx dino
[08:36] {bruce} 56.74 -
[08:37] {bruce} looks like I exited early
[08:37] {dino} lol arounfd my stop
[08:37] {dino} gj bud
[08:37] {magoo} stropped fslr btew
[08:37] {bruce} thanx - announced liking it long then grabbed a retraceme4nt
[08:39] {bruce} your training dino- thanx
[08:41] {dino} :)
[08:41] {dino} ttes spike
[08:43] {dino} tech stopped -.48 sm
[08:44] {dino} vmw coming down
[08:46] {bruce} yes- could try a retracement long in vmw around here
[08:47] {magoo} whats its range today bruce?
[08:47] {dino} i'm at .56.34\
[08:47] {bruce} about 4.50so far mags
[08:48] {magoo} k
[08:59] {bruce} l vmw .62 out .82 quick scalp
[09:03] {dino} gj
[09:04] {bruce} thanx dino - prob not enough given risk but nice it worked
[09:08] {dino} s tech .50
[09:13] {dino} vmw going to retest?
[09:14] {bruce} no idea dino - just watching to see what it does here
[09:14] {dino} atls
[09:14] {bruce} vad - possible retest short for nuan - any read?
[09:15] {Threei} if stays under .15, still valid
[09:15] {bruce} on break of 16?
[09:15] {Threei} yup
[09:16] {Threei} 16.01 is low so far
[09:16] {bruce} k
[09:21] {dino} tech bstop to .26
[09:22] {dino} cov .26, +.24
[09:22] {bruce} nice dino
[09:23] {dino} ty
[09:23] {bruce} you think 16.08 or so could be valid stop nuan vad?
[09:23] {Threei} there are several resistance levels bruce,
[09:23] {Threei} .08, .11, .15, .21
[09:24] {Threei} really personal preference
[09:24] {bruce} k - I like small
[09:25] {dino} partial fill l atls .80
[09:28] {cosmo} LMRA
[09:30] {dino} vmw sm l .25
[09:31] {magoo} aapl long 50
[09:34] {magoo} just a scalp..waiting .88
[09:36] {magoo} no work
[09:36] {dino} wbmd
[09:36] {dino} thin
[09:40] {dino} out vmw .65,
[09:40] {dino} =.40
[09:40] {dino} +.40
[09:41] {bruce} nice dino
[09:41] {dino} ty
[09:44] {bruce} nihd hugging highs - any read vad?
[09:46] {Threei} no, not really
[09:46] {bruce} k
[09:46] {dino} fmcn blood
[09:56] {dino} vrus
[10:00] {dino} jaso sm s .10
[10:01] {magoo} dino just walked by with a brew
[10:02] {dino} atls stop to .24
[10:02] {dino} i wish magoo
[10:03] {magoo} i can make that happen for u.....lol
[10:03] {dino} clwr
[10:03] {dino} too early magoo
[10:04] {dino} out atls w/slippage +.35
[10:04] {dino} ceco
[10:07] {dino} fmcn l .31
[10:08] {magoo} bruce, look bidu now..
[10:12] {bruce} got it on screen mags
[10:13] {bruce} I see what you mean about reange in it
[10:13] {dino} jaso stopped -.20
[10:15] {dino} cx no fill
[10:17] {dino} cov jaso .06, +.04
[10:17] {dino} vmw
[10:19] {dino} sbac
[10:20] {Threei} market elected to do nothing in order to pepare for fed
[10:20] {magoo} wake the hex up vad lol
[10:20] {Threei} locked in very narrow range
[10:20] {Threei} especially with ranges we had recently
[10:20] {magoo} it will do even less up to decision tomorrow
[10:21] {dino} sbac sm s .75
[10:21] {Threei} most often that's what happens mags, yes
[10:21] {Threei} activity dies down closer to announcement
[10:29] {magoo} powering up here it seems
[10:31] {dino} stopped sbac .55, cov. +.20
[10:33] {Threei} dunno magoo... don't count on any follow through IMO
[10:33] {Threei} this powering up just as easy turns to be accidental jerk
[10:34] {Threei} followed by just as accidenatl one in opposite direction
[10:37] {magoo} what u call me?? accidental jerk lol
[10:39] {Threei} hey, don't take it personally {G}
[10:40] {dino} fmcn stopped
[10:42] {bruce} jec dino
[10:44] {dino} l sm vmw .00 wide
[10:45] * Chaeron slaps LaserDave1 around a bit with a large trout
[10:45] {Chaeron} hey, don't take it personally {G}
[10:46] * magoo slaps LaserDave1 around a bit with a large trout
[10:46] {dino} i like it bruce
[10:47] {dino} l jec .45
[10:47] {LaserDave1} howdy guys
[10:48] {dino} gm ld
[10:56] {dino} vmw stopped .60 -.40
[10:59] {dino} sbac s .86, stop .12
[10:59] {dino} jec stopped -.30. gone cold
[11:01] {dino} grrr jec rinsed
[11:03] {dino} rbcn
[11:19] {bruce} out jec +.20
[11:20] {bruce} sorry about rinse in it dino - got lucky with a lower entry
[11:20] {bruce} taking a break
[11:22] {dino} it happens
[11:28] {Threei} FSLR is tempting
[11:28] {Threei} don't want breakout after the spike though
[11:28] {dino} rbcn s .30
[11:29] {Threei} pullback to 190 area would be compelling
[11:34] {Threei} getting interesting
[11:34] {Threei} want one more dive
[11:34] {Threei} closer to 190
[11:35] {Threei} with support level for a stop 189.50
[11:36] {Threei} in
[11:36] {Threei} out .85
[11:37] {Threei} +.81
[11:37] {Threei} anyone followed?
[11:37] {Threei} clean chart
[11:37] {Threei} dropped right into suppoert and bounced right off it
[11:39] {Threei} am I here?
[11:40] {Roman} test
[11:41] {Threei} noone here but us Roman
[11:43] * Threei slaps magoo around a bit with a large trout
[11:43] * Threei slaps Chaeron around a bit with a large trout
[11:44] {magoo} hey
[11:44] {Threei} oops... I thought I was alone here
[11:45] {Threei} now that I know I am not:
[11:45] {magoo} nice read..of course i was on phone
[11:45] * Threei slaps magoo around a bit with a large trout
[11:45] {Threei} ugh... sorry :(
[11:45] {Threei} FSLR rarely give such clean trade
[11:45] {Threei} gives
[11:45] * LaserDave1 slaps magoo around a bit with a large trout
[11:48] {magoo} :)
[12:01] {bruce} can we play rewind and do that trade over?
[12:03] {magoo} really..don't seem right that vads only 1 to profit on it
[12:04] {bruce} agreed mags
[12:04] {bruce} really deserves a trout
[12:04] {bruce} he waited till I took break to do that
[12:04] {Threei} and I alerted 8 minutes before actual setup... I just can't please, can I? :)
[12:04] {bruce} see how he does that day after day?
[12:04] {magoo} and he actually paid someone to distracrt me w/phone call
[12:05] {Threei} pure evil, lol
[12:05] {magoo} smack him bruce..do it..we all did
[12:05] {bruce} yes - and he made my dogs force me into taking them out right then
[12:05] * bruce slaps Threei around a bit with a large trout
[12:05] {Threei} dogs?? in -50??
[12:05] * magoo slaps Threei around a bit with a large trout
[12:05] {bruce} well - you know the laternative?
[12:05] {Threei} gosh... you must really really love them
[12:06] {bruce} dogs run my life
[12:06] {Threei} actually who am I to judge, cat runs mine
[12:06] {bruce} that and mother market
[12:06] {bruce} they're happy now
[12:07] {bruce} when they can't keep paws in snow it's cold out
[12:09] {bruce} vmw's movin now
[12:15] {bruce} shld short here dino?
[12:20] {dino} dk bruce, kind of out of it this p.m.
[12:20] {dino} nyx l .75
[12:21] {bruce} k
[12:23] {dino} rbcn stopped sheesh
[12:23] {bruce} my levle 2 doesn'tseem to be showing mms
[12:24] {Threei} on what?
[12:24] {bruce} great entry in nyx dino
[12:24] {Threei} looks OK here bruce
[12:24] {bruce} Ithere we are - matr lehman is showing
[12:29] {dino} out nyx .00, +.25
[12:29] {bruce} nice trade dino
[12:30] {dino} ty bruce, went cold for a bit
[12:31] {dino} lots of rinses today
[12:31] {dino} look rbcn, major rinse
[12:32] {dino} jaso l .51, wide, sm
[12:44] {Threei} FSLR is about to become interesting again
[12:46] {Threei} in
[12:46] {bruce} you're thinking long fslr about 190 or so?
[12:46] {Threei} got 189.70
[12:46] {bruce} k
[12:46] {Threei} out
[12:47] {Threei} +.60
[12:47] {bruce} nice trade vadster
[12:47] {bruce} 5 k shares?
[12:47] {Threei} it actually move in synch with NASDAQ
[12:47] {magoo} god dammit vadf
[12:47] {magoo} on phone w/bus again
[12:47] {Threei} jeez
[12:47] {bruce} vads buyin the beer
[12:47] {magoo} u pull that shit
[12:48] {magoo} but allday stare and u got nuttin
[12:48] {Threei} me?? pull the cord out of the wall!!
[12:49] {bruce} ah mags - you upset?
[12:50] {magoo} well, they are vads bogus phone callers
[12:50] {magoo} nigerians
[12:50] {Threei} lol
[12:50] {bruce} lol
[12:50] {dino} out jaso .75 +.24
[12:51] {magoo} just funnin with you...but really..waiting all day..get call..and u in and out
[12:51] {bruce} yeah
[12:51] * bruce slaps Threei around a bit with a large trout
[12:52] {Threei} what's your excuse bruce? dogs again??
[12:52] {magoo} yeah..good idea
[12:52] * magoo slaps Threei around a bit with a large trout
[12:52] {bruce} thats for upsettting mags
[12:52] {bruce} and not giving mre enough notice either!
[12:52] {dino} hit him for me too, just because..
[12:53] {Threei} lol
[12:53] * bruce slaps bruce around a bit with a large trout
[12:53] {bruce} and thats for not not taking it when I saw it - mind would have been a lte entry
[12:54] {bruce} see mags - vad is saving all the good ones forhimself
[12:54] {bruce} and his cat
[12:54] {bruce} bruce slaps vads cat around with a large trout
[12:55] {dino} magoo stuck w/phone to his ear today
[12:55] {bruce} oh?
[12:55] {bruce} crazy glue again?
[12:55] {dino} lol
[12:55] {bruce} you gotta stop using that stuff mags
[12:56] {bruce} must hurt like the dickens when you have to pull the phone off
[12:57] {Threei} oh boy
[12:57] {Threei} lost track of time
[12:57] {Threei} was hunting for another entry
[12:57] {bruce} yean
[12:57] {bruce} they rush by when you're being trouted
[12:57] {Threei} this kind of stocks can be totally mesmerizing
[12:58] {bruce} lookingat chart - that was probably single best trade of day in it
[12:58] {dino} i'm done for day. thx all
[12:58] {Threei} thank you all
[12:58] {Threei} tomorrow ill be inetersting
[12:59] {Threei} my feeling is, we are going to get big selloff after fed
[12:59] {bruce} thanx dino - green w your help today
[12:59] {Threei} gj bruce
[12:59] {dino} down, up, down all in 1 1/2 hours, all 100+
[12:59] {bruce} thanx vad
[12:59] {Threei} have a good evening, see you tomorrow
[12:59] {bruce} to0ugh month for me
[12:59] {dino} hang in there bruce
[12:59] {Threei} it's just tough month
[12:59] {Threei} no questions about that
[13:00] {dino} emkr
[13:00] {Threei} FBI OPENS INQUIRIES INTO 14 COMPANIES IN A SUBPRIME MORTGAGE PROBE - WSJ- FBI would not identify which companies are being looked at. The investigation is focusing on accounting fraud, securitization of loans and insider trading.
[13:00] {bruce} you play after market dino?
[13:01] {dino} not usually, my kids get off the bus at my office, so kind of tough to pay attn
[13:01] {dino} more of a summer thing
[13:01] {dptl} have a good evening all
[13:03] {dino} cya dp
[13:03] {bruce} same to you dp
[13:04] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] {magoo} nite all
[13:05] * Chaeron slaps LaserDave1 around a bit with a large trout
[13:05] * Chaeron slaps magoo around a bit with a large trout
[13:07] {bruce} night mags

Monday, January 28, 2008

January 28, 2008

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

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

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

Friday, January 25, 2008

January 25, 2008

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

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

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

Thursday, January 24, 2008

January 24, 2008

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

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

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