Session Time: Mon Mar 03 00:00:00 2008
[08:32] {Threei} OPEC MAY DISCUSS MODEST OUTPUT INCREASE OF 500K BPD TO CALM PRICES, BUT MANY IN OPEC FAVOR NO CHANGE - WIRE CITES OPEC SOURCE
[08:33] {Threei} FED'S PLOSSER: RATE CUT REVERSAL WHEN MARKET IS STABILIZED
- Market turmoil will restrain growth
[08:33] {Threei} - Notes the Fed has rightly deviated from rule-based policies noting the Fed in time of extraordinary circumstances
[08:33] {Threei} - Says the devaiation must be short lived given price mandate
[08:34] {cosmo} omg
[08:35] {magoo} morning
[08:35] {Threei} good morning
[08:35] {cosmo} jimmy rogers cashed out ...sold his bike ...moved to the south seas
[08:38] {magoo} vad, do we have to physically do any setup changes in laser this morning, the replacement inet
[08:38] {Threei} not so far, but I am keeping an eye on it
[08:39] {Threei} wording left couple questions about whether it's all "under the hood"
[08:39] {magoo} ok, you'll let us know, caus i "don't RTFM lol
[08:39] {Threei} I know :)
[08:46] {cosmo} FRPT needs to hold 3.50 imo
[09:04] {esemde} good morning lads and Lassies.....warren buffet speaks aka god.......
[09:06] {magoo} hey vad, i know we are to wait and see..but u have a good feel for whats setting up i have found
[09:07] {esemde} whats the news with FRPT cos?
[09:07] {Threei} ese :)
[09:07] {magoo} that said, to obvious to sell hard? or a sell hard is coming soon {esp. with asia pounded} just your thoughts for today
[09:07] {esemde} buffet....parties over for insurance companies
[09:07] {Threei} magoo... I am curently opereating on the asumptyion that we are to see selling pressure day
[09:08] {Threei} of course I am ready to change this notion if market shows otherwise
[09:08] {Threei} I am not clinging to my opinions
[09:08] {magoo} yeah..i beieve we were 4 days up mon thru thirs. ..down friday
[09:08] {Threei} but one gotta start somewhere
[09:09] {Threei} and my current mindset is:
[09:09] {Threei} we are in a serious bear market,
[09:09] {magoo} thats what i wanted to know
[09:09] {Threei} it was kept up for a while bu extrenal forces,
[09:09] {Threei} bu = by
[09:09] {Threei} but they can do it just for so long,
[09:09] {Threei} then relaity sets in.
[09:10] {Threei} Whether it's time for gravity to take over, remains to be seen, but so far everything points to that
[09:11] {dptl} good morning all
[09:11] {Threei} dp :)
[09:18] {magoo} so we should keep eye on stocks up big from recent bounce
[09:19] {magoo} CNBC talking retest of lows..but hey...that means rally lol
[09:22] {ThurstonHowellTheThird} good morning everyone
[09:22] {Threei} morning THTT
[09:28] {Threei} FED'S PLOSSER SAYS INFLATION SHOWING UP IN MORE AND MORE ITEMS, DOES NOT THINK WE ARE NEAR STAGFLATION YET
- Reiterates that FX rates are hard to forecast
[09:28] {Threei} - Says housing prices should stabilize during 2008
[09:28] {lumdus} good morning all. vad, you friends at the fed speaking today ?
[09:28] {Threei} hi lum
[09:28] {Threei} they seem to be speaking always
[09:28] {Threei} I start wondering whether they get paid by word count
[09:31] {Threei} watching AAPl for short
[09:31] {Threei} 125.05 stop so far
[09:31] {Threei} broke, no short for now
[09:32] {Threei} OK, it's time
[09:32] {Threei} first weakness from here
[09:33] {Threei} in .75
[09:33] {Threei} stop .90
[09:33] {GEOARB} GM
[09:33] {Threei} hi geoarb, welcome to the room
[09:34] {lumdus} out aapl .33
[09:34] {lumdus} tx vad
[09:34] {Threei} covering AAPL too
[09:34] {magoo} me too nice vad
[09:34] {Threei} welcome guys, gotta be quick on these morning moves
[09:34] {Threei} they have potential to hurt if you oversit them
[09:35] {Threei} one stock that bothers me: COIN
[09:35] {lumdus} your obessed with it. get it off your screen
[09:36] {Threei} you'll cry when it makes new 52 weeks highs :)
[09:36] {esemde} watching MRVL....
[09:36] {Threei} market sharp drop
[09:37] {Threei} AAPL did follow but not too deep
[09:37] {Threei} hate to say it, but it can be long on 126 break down the road if consolidates a bit near that resistance
[09:38] {esemde} damnnnn....looked away for 1 sec....
[09:38] {lumdus} in mf 18.62
[09:38] {esemde} man that was fast MRVL
[09:38] {Threei} this is "no blinking allowed" market ese... :)
[09:38] {dptl} grabed 10c mrvl ty Ese
[09:38] {esemde} crap!!.....and I was onto it tooo
[09:39] {esemde} nice one dp
[09:39] {Threei} can you believe VLNC?
[09:40] * magoo slaps Threei around a bit with a large trout
[09:41] {magoo} hard sell here
[09:41] {Threei} NVDA
[09:41] {Threei} .24 short
[09:41] {Threei} .35 stop
[09:42] {Threei} broke down a bit too fast
[09:42] {Threei} I dpn't think it gave a chance for entry
[09:42] {esemde} nas just dumped
[09:42] {lumdus} stop on mf 18.49
[09:42] {Threei} don't chase NVDA, let it bounce
[09:43] {magoo} man, look at rimm chart vad
[09:44] {Threei} wierd phenomenon in today's market: ERTS
[09:44] {Threei} see if it pulls back into .40 or so, it's a pullback entry for long
[09:45] {Threei} RIMM got pulled by gravity...
[09:45] {Threei} was better short... oh well
[09:45] {magoo} bouncer somehere possible
[09:46] {magoo} sigh..1 pt bounce
[09:46] {magoo} not in
[09:46] {lumdus} short timm
[09:46] {lumdus} stop 101.36
[09:47] {lumdus} covering rimm
[09:47] {lumdus} 100.53 + .66
[09:47] {lumdus} tx for the heads up folks
[09:47] {Threei} good one lum, you are in the zone
[09:47] {magoo} nice lum
[09:48] {lumdus} yeah, double coffe today. i am good untill 10:30 or so
[09:48] {Threei} NASDAQ is about to drop once again
[09:48] {Threei} who got NVDA at this bounce, stop .31
[09:49] {Threei} NQ quick dive and jump... hard to tell which one is a headfake
[09:50] {Threei} keeping tight stops on any trade so far
[09:50] {magoo} u liking ERTS here? boy..don't like longs at moment
[09:50] {Threei} want to be safe until major direction is defined
[09:50] {magoo} popped from .45 as typed
[09:50] {Threei} not for breakout mags
[09:50] {Threei} pullback entry
[09:51] {Threei} it went as low as .43
[09:51] {magoo} yeah..was .45 as typed
[09:51] {Threei} if you got it closer to .40 perfect
[09:51] {Threei} keep stop under .40
[09:51] {Threei} but no chasing
[09:51] {magoo} missed
[09:51] {esemde} watching JRJC to short....1/2 lot
[09:52] {bruce} s nvda .26
[09:52] {magoo} arca issues guys, route elsewhere alert
[09:53] {magoo} vad, how about sh nvda somewhere up here?
[09:53] {Threei} if reverses without breaking .30, sure
[09:54] {Threei} how to resist such a tight stop? :)
[09:54] {Threei} it's worth consideration on risk alone
[09:54] {magoo} one day we gonna discuss that
[09:54] {magoo} not now
[09:54] {Threei} anytime you want
[09:54] {Threei} 'xcept weekends
[09:55] {Threei} ERTS gave second chance for entry
[09:55] {magoo} ill fly out over weekend
[09:56] {Threei} long ERTS, short NVDA... I feel fully hedged
[09:56] {Threei} and if I get stopped on both, I better don't come out of the house today, bricks are garanteed to drop from the sky
[09:57] {magoo} i took neither..feeling inadequate
[09:58] {magoo} ok, sh .21 nvda
[10:00] {Threei} JAN CONSTRUCTION SPENDING: -1.7% V -0.7%E
[10:00] {lumdus} out mf 19.55 + $1.10
[10:00] {Threei} *FEB ISM MANUFACTURING: 48.3 V 48.0E; PRICES PAID 75.5 V 73.0E
[10:01] {Threei} half out ERTS
[10:01] {lumdus} damm, should have held mf more. crap !!!
[10:01] {Threei} +.28
[10:01] {magoo} stopped nvda
[10:01] {Threei} stopped NVDA
[10:01] {Threei} US TREASURY'S PAULSON: TAXPAYER FUNDED HOUSING RESCUE IDEAS WOULD DO MORE HARM THAN GOOD
[10:02] {Threei} one more jump please ERTS
[10:02] {lumdus} vad, should i re-enter mf ?
[10:02] {esemde} JRJC...invalidated for a short...
[10:02] {Threei} I wouldn't lum
[10:02] {lumdus} ok. i'll be happy for now.
[10:03] {Threei} out ERTS in full
[10:03] {Threei} +.44
[10:04] {bruce} rimm looking like a long
[10:05] {Threei} if market ramps up again, RIMM's structure will be .60 long
[10:05] {Threei} astop under .30
[10:06] {esemde} OK i need somebody to take a look at a 15min chart of BRKR....and fire an opinion at me
[10:06] {esemde} I like the bstop at 13.75
[10:06] {Threei} yes ese
[10:07] {Threei} stop placement will depends on what you want from this one
[10:07] {Threei} .54 stop is pure daytrade
[10:07] {Threei} is = if
[10:07] {esemde} yes i like the pure daytrade
[10:07] {Threei} .54 it is then
[10:08] {GEOARB} hi vad... whats the time frame of charts youre using? (Idont have my materials yet)
[10:08] {esemde} bstop 13.75 then
[10:08] {Threei} 1 minute and daily
[10:08] {GEOARB} ok thnx
[10:08] {esemde} i min yes
[10:08] {GEOARB} and charting package?
[10:09] {esemde} anybody following FI
[10:09] {lumdus} in xto 63.68
[10:09] {Threei} one that comes with my broker
[10:09] {lumdus} stop y3.50
[10:09] {Threei} Laser software
[10:09] {GEOARB} thanks
[10:09] {Threei} sure :)
[10:09] {esemde} anybody folloing FINL for a pullback long
[10:10] {GEOARB} once i get access to the online videos... Ill get started
[10:10] {Threei} if you mean online course, you already have access to it
[10:11] {Threei} go to Login, use the same username and password as you do for the room
[10:11] {GEOARB} oh... didnt get an email with link etc
[10:11] {Threei} homepage, click Login
[10:12] {Threei} just keep in mind, that course is basics,
[10:12] {lumdus} stop on xto 63.58 now
[10:12] {GEOARB} yeah... I am wating for the nasdaq scalping CDs
[10:12] {Threei} for following what we do here it's a foundation, but not enough by itself
[10:13] {GEOARB} got in thanks.
[10:14] {Threei} :)
[10:14] {Threei} lum... look at COIN
[10:14] {Threei} see now why I am "obseesed" with it?
[10:15] {Threei} wow... ERTS went much higher
[10:15] {lumdus} well, i see
[10:15] {esemde} bstop BRKR invalidated........
[10:16] {lumdus} today is very easy and good trading. everyting behaving. i love it.
[10:16] {esemde} hmmmmmmmm this is not my day.....i see it now.....
[10:16] {Threei} why ese
[10:16] {Threei} .55 isn't tagged
[10:16] {Threei} in fact, this is low risk aggresive entry
[10:17] {Threei} with very tight stop
[10:17] {esemde} it looks like it's gonna be and the 15min chrt is looking weak
[10:18] {esemde} I still think 13.75 is a good play
[10:18] {esemde} am gonna watch it....for now
[10:19] {Threei} remember discussion of different types on entries?
[10:19] {Threei} aggressive vs regular vs conservative
[10:19] {esemde} yes
[10:19] {Threei} it's a personal preference of course
[10:19] {Threei} by my taste, I would be in .58
[10:19] {Threei} 4 cents stop
[10:19] {Threei} does it get any better than this
[10:19] {esemde} I'm not that good at judging pulbacks on the 1 min
[10:20] {Threei} thenif it works and comes into resistance, you have a mind boggling choice
[10:20] {esemde} hmmmmm
[10:20] {Threei} to grab a scalp
[10:20] {Threei} to partial put and keep half for the break
[10:20] {GEOARB} do you gus leg in or go all in?
[10:20] {GEOARB} guys
[10:20] {Threei} or to be as bold as they come and let full position to work on break or get stopped
[10:21] {Threei} I'd say, pleasant array of options for 4 cents risk
[10:21] {esemde} it was a deeper pullback .......and i didn't feel comforatble with it
[10:21] {esemde} heading up now though
[10:21] {Threei} but it held support and uoticked from it :)
[10:21] {Threei} geoarb, for a scalping full in full out
[10:21] {Threei} for daytrading full in, partialling ouyt
[10:22] {Threei} for swing trading, adding is possible BUT
[10:22] {GEOARB} thanks
[10:22] {Threei} it's not averaging down if stock moves against you, that's a no-no
[10:22] {GEOARB} ok
[10:22] {Threei} rather entry of part when it's uncertain, then adding as stock moves in your favor and breaks new resistance levels
[10:23] {GEOARB} ok
[10:24] {esemde} anyone looking at FINL as a pullback long.......this is the type of pullback that i'm use to Vad
[10:24] {lumdus} should've held mf all day, would be good for 2 weeks profit. dam crap. and i had 3 x lot
[10:24] {esemde} long setup...can think about it....
[10:26] {lumdus} ok, i need to log off MF is too much pain
[10:27] {Threei} dunno ese... FINL is somewhat wierd
[10:27] {Chaeron} gm all
[10:28] {Threei} chaeron :)
[10:28] {esemde} hows that?
[10:28] {esemde} CCCHHHHH morning
[10:29] {magoo} vad, any read NVDA sh here?
[10:29] {Threei} not really mags
[10:29] {Threei} chart doesn't show it
[10:31] {GEOARB} does anyoe use lightspeed here?
[10:31] {esemde} bstop back BRKR 13.75
[10:42] {lumdus} looking to short qcom here
[10:43] {Threei} RIMM 101 break short
[10:43] {Threei} stop/invalidating level above .30
[10:43] {lumdus} finger on trigger for rimm.
[10:44] {lumdus} s qcom 41.13
[10:44] {lumdus} stop 41.21
[10:45] {Threei} RIMM 1:1
[10:45] {lumdus} vad, i only go 100.93
[10:46] {lumdus} one more dump on rimm needed.
[10:46] {lumdus} stop b/e on rimm .93
[10:46] {lumdus} qcom might do it now. common, help here
[10:47] {magoo} beauty vad RIMM
[10:48] {lumdus} magoo you out already ?
[10:48] {Threei} who are you calling beauty?
[10:48] {magoo} yes
[10:48] {lumdus} hmm, i still think we have another huge dump
[10:48] {lumdus} vad, don't get excited.. he's call the trade beauty not you :)
[10:48] {Threei} that's what I hope for
[10:49] {magoo} uh actualkly.......lol
[10:49] {Threei} lol
[10:49] {lumdus} stop on qcom 41.13
[10:50] {lumdus} out rimm -.01
[10:50] {lumdus} chicken i am
[10:51] {lumdus} out qcom 41.00 + .13
[10:51] {lumdus} ce ya later
[10:54] {Chaeron} .
[10:56] {Threei} feels like total breakdown is coming
[10:56] {Threei} pick your victim
[10:57] {Threei} RIMM 101
[10:57] {Threei} NVDA .11
[10:57] {Threei} AAPL .70
[10:57] {Threei} sorry, RIMM 100
[10:59] {ThurstonHowellTheThird} nvda stop .21?
[10:59] {esemde} long BRKR .76
[11:00] {Threei} either .21 or .26, both are valid depending your position size
[11:01] {Threei} ese... confess... regretting of not taking BRKR at .58-.60? :)
[11:02] {Threei} shakeout on breakdowns are not over yet...
[11:04] {magoo} to late for NVDA short vad?
[11:04] {Threei} NVDA works so far, AAPL hasn't broken resistance 121, RIMM did hit stop level
[11:04] {magoo} under 21 coming
[11:04] {Threei} no chasing for me mags
[11:04] {Threei} bear market major difficulty is regular short squeezes
[11:04] {Threei} chasing downside increases risk multifold
[11:08] {GEOARB} .
[11:16] {Threei} new low NVDA
[11:17] {Threei} 1:1 reached if your initial stop was .21
[11:18] {Threei} and even if .26
[11:18] {bruce} vad - thoughts on aapl long?
[11:18] {Threei} toughie bruce...
[11:18] {Threei} I have hard time seeing these stocks as long
[11:19] {Threei} not when market teeters on a verge of breakdown
[11:19] {bruce} k- now looks to be breakingshort but hard to tell
[11:20] {Threei} NVDA +.21... 1:3
[11:20] {Threei} even if you are determined to hold for bigger move, start protecting profits
[11:20] {magoo} wish i chased it
[11:20] {Threei} ??
[11:20] {Threei} it bounced back into trigger and even higher
[11:20] {Threei} there was no need to chase
[11:20] {magoo} [11:04] {magoo} to late for NVDA short vad?
[11:20] {magoo} [11:04] {Threei} NVDA works so far, AAPL hasn't broken resistance 121, RIMM did hit stop level
[11:20] {Threei} gave second chance
[11:20] {magoo} [11:04] {magoo} under 21 coming
[11:23] {bruce} rimm bouncing off 100 for third time - looks like bounces getting weaker
[11:23] {Threei} NASDAQ bounce on lower volume
[11:23] {Threei} in my view, just another short opportunity
[11:24] {Threei} AAPL closest resistance is .30
[11:24] {Chaeron} see magoo? the market didn't want you to miss out... it likes you :)
[11:25] {bruce} youthinkinking short aapl here vad?
[11:25] {Threei} if NQ reverses sharply while AAPL delays a little for entry
[11:25] {Threei} not into pure buying
[11:26] {Threei} see how nasty these squeezes can be?
[11:27] {Threei} NVDA is almost back into original triogger
[11:27] {esemde} OUT BRKR .00 +.24 1;1
[11:27] {bruce} hard to peg entries - retracements are pretty big
[11:27] {Threei} same idea, short if NQ reverses down quickly, and NVDA shows delay
[11:27] {Threei} wtg ese
[11:27] {Threei} good trade
[11:28] {GEOARB} vad do you trade the NQ?
[11:28] {Threei} not lately
[11:28] {Threei} mostly using it as leading indicator
[11:28] {GEOARB} ok
[11:28] {esemde} tks
[11:29] {Threei} can I annoy you a little ese?
[11:29] {Threei} please? I love annoying people so much
[11:30] {bruce} aapl trying to break down again -
[11:32] {Threei} funny... NQ is jumping up - do you see much stock's following?
[11:32] {Threei} what is it that is going up with NQ, my scanner stays red mostly
[11:33] {bruce} rimm trying to break 101 vad
[11:33] {Threei} no permission by ese... sigh...
[11:35] {Chaeron} Personally, I find annoying people without their permission is so much more satisfying... Don't you magoo? :)
[11:36] {Threei} true chaeron... I am just afraid I overdid my quota :)
[11:36] {Chaeron} quota- ok... limit? I hope there's not one......
[11:36] {magoo} :)
[11:39] {bruce} aapl break finally
[11:41] {Threei} NVDA stalled at the original trigger and dropped when NQ did
[11:41] {Threei} I didn't watch it at the moment, not sure if there was entry opportunity
[11:41] {Threei} if anyone entered let me know if you need running commentary
[11:41] {GEOARB} vad, on an average how many stock charts do you have up?
[11:41] {magoo} i do
[11:41] {magoo} short .11
[11:41] {Threei} and if you entered but too shy... stop .15
[11:42] {Threei} shy magoo... now that's the oxymoron oif the century
[11:43] {Threei} beauty of aggressive entries... 4 cents stop, already over 1:1
[11:44] {Threei} much the same as with BRKR long
[11:44] {Threei} (trying to get ese via backdoor)
[11:51] {Threei} MBI CEO REITERATES ACKMAN COMMENTS WITHOUT MERIT; ACKMAN IS 'DEAD WRONG' THAT MBIA WILL RUN OUT OF CASH
[11:53] {Threei} another squeeze is on
[11:53] {Threei} backing off
[11:58] {bruce} rimm as long vad?
[11:58] {Threei} it just had news, prety much ignored it
[11:58] {Threei} and siconnected from market
[11:58] {Threei} rather long than short... but I don't have much conviction
[11:59] {bruce} k was thinking possible retacement long near .20 with stop to 101 - trend looks up now
[12:01] {magoo} aapl ,ong?
[12:02] {Threei} no read on these stocks here
[12:02] {Threei} disorderly
[12:04] {bruce} charging rimm and aapl with disorderly conduct unbecoming a stock
[12:04] {Threei} lol
[12:10] {Threei} scanner barely crawling
[12:11] {bruce} mrvl longvad?
[12:11] {Threei} MRVL is very slow and narrow
[12:12] {Threei} you have enough parience to sit it out?
[12:12] {Threei} if so, pullback to .60 or so
[12:12] {bruce} thought it might move on .70 break
[12:13] {Threei} if it moves 5 cents over a few minutes, it will be like extreme running for it
[12:13] {bruce} lolo - k
[12:14] {Threei} 1 cent
[12:17] {magoo} mkt rolling a bit
[12:24] {Threei} 2 cents MRVL
[12:25] {Threei} 3... I was so wrong
[12:25] {bruce} shame on you vad
[12:26] {bruce} now 4!
[12:26] {Threei} yeah... tail down
[12:26] {Threei} with 10K shares, one already has decent profit
[12:26] {bruce} jaso vad?
[12:27] {GEOARB} 10k shares??
[12:27] {Threei} kidding
[12:27] {magoo} i was thinking of doing that vad
[12:27] {Threei} just making fun of very narrowmovements, geoarb
[12:27] {bruce} dont even think about it geo
[12:27] {GEOARB} i dont have that kind of margin :)
[12:28] {Threei} JASO... solars are beaten down so much, you would think sun is never rising again
[12:28] {Threei} probably deserve scalp here and there
[12:28] {Threei} but overall recovery is nowhere clkose it seems
[12:28] {GEOARB} on an average , how many charts do yo have open vad?
[12:29] {Threei} let me show you my screenshots
[12:29] {bruce} k vad
[12:30] {GEOARB} sure thanks..
[12:30] {Threei} http://www.realitytrader.com/vad/Scr1.png
[12:30] {Threei} http://www.realitytrader.com/vad/Scr2.png
[12:30] {Threei} http://www.realitytrader.com/vad/Scr3.png
[12:30] {Threei} http://www.realitytrader.com/vad/Scr4.png
[12:30] {GEOARB} 4 screens? ok
[12:31] {Threei} yeah... on one computer... there is one more with two screens, lol
[12:31] {GEOARB} heheh
[12:31] {Threei} but that one is mostly for administrative purposes
[12:31] {Threei} so I don't show it
[12:32] {Threei} magoo, stop this dcc abuse, administrative purposes don't mean porn
[12:33] {bruce} thats not porn vad
[12:33] {esemde} by everyone...have a great rest of the day....i'm long FINL here at .75 full lot
[12:33] {bruce} it's art
[12:34] {Threei} take care ese :)
[12:34] {bruce} bye ese
[12:34] {esemde} see ya vad
[12:34] {Threei} there is a huge offer at 15 for JASO... break of it worth a try for scalp if stays above .90
[12:35] {bruce} thats me selling my 10k vad
[12:36] {Threei} cool... if you get hit, dinner is on you
[12:36] {Threei} and I fully expect lobster stuffed with steak
[12:36] {Threei} lost support, invalidated
[12:37] {bruce} hmm
[12:37] {Threei} here goes my dinner
[12:37] {bruce} you like spam?
[12:37] {Laserdave1} magoo dcc please
[12:39] {magoo} dave dcc
[12:54] {bruce} rimm longon 101.5 break vad?
[12:55] {Threei} if stays above .25
[12:55] {bruce} just violated it
[13:11] {bruce} aapl short vad?
[13:11] {Threei} not sure... NQ is at the point where it can drop or spike upward with same odds
[13:11] {bruce} k
[13:12] {Threei} 50/50
[13:12] {Threei} roll a dice
[13:12] {Threei} OPEC PRES: SEES LOWER Q2 OIL DEMAND, DOES NOT THINK OPEC WILL CONSIDER INCREASING OUTPUT
[13:13] {Threei} CNBC'S GASPARINO INCREMENTAL UPDATE: NEGOTIATIONS WITH BANK CONSORTIUM GOING SLOWLY; NO DEAL ANNOUNCEMENT EXPECTED TOMORROW
[13:14] {Threei} this is the guy whose speculation on the deal to be announced sent market flying a week ago
[13:14] {Threei} can't believe they get away with it
[13:15] {Threei} ETFC
[13:15] {Threei} CEO: MANY CLIENTS WHO MOVED MONEY OUT DURING LAST YEAR'S PANIC HAVE RETURNED - INTERVIEW COMMENTS
- Notes core brokerage not back 'to business as usual' but going 'quite well'
[13:15] {Threei} - Says no longer taking risk on asset side, sees making money from bank deposits
[13:34] {ThurstonHowellTheThird} Vad, (sorry to wake you up but...)does this market look like what happened in the tech crash of 2000?
[13:34] {ThurstonHowellTheThird} just before the big drop
[13:35] {Threei} very much so
[13:35] {Threei} storngest feeling that we are on brink of abyss
[13:36] {ThurstonHowellTheThird} I was worried you would say that :(
[13:36] {Threei} why?
[13:36] {Threei} it's quite tradeable situation
[13:36] {ThurstonHowellTheThird} Just for my longer term investments...
[13:36] {Threei} pure clean bear is a beauty
[13:36] {Threei} oh
[13:36] {Threei} sorry... my thinking just doesn't go in that direction
[13:37] {ThurstonHowellTheThird} oh well, thats why I'm diversifying into a smaller time frame
[13:37] {Threei} AAPL lod
[13:38] {Threei} .35 worth a try short if stays under .50\
[13:40] {bruce} over that already
[13:40] {bruce} waiting for next setup
[13:49] {Threei} COIN.....
[13:53] {Threei} I wish I could nail entry on this one... clear uptrending momo, but finding setup on it is not a reality
[13:53] {Threei} kind of buy and hope
[13:53] {Threei} which I am loathe to do
[14:03] {bruce} new low aapl - rimm at lod
[14:03] {Threei} really want to find short
[14:04] {Threei} gotta find the right way between violent spikes that tag stops
[14:04] {bruce} rimm here w .20 stop vad?
[14:05] {Threei} very easy to gets topped
[14:05] {Threei} I would rather try to get in a spike over logical stop lwevel
[14:05] {bruce} k
[14:07] {Threei} there
[14:07] {Threei} sharp apike, hitting stopes
[14:07] {Threei} next resistance is .50
[14:07] {magoo} let us know when u go
[14:07] {Threei} watch for entry close to it
[14:07] {bruce} you were right - it stopped out .20 without giving much of a win for short on break
[14:09] {Threei} in
[14:09] {Threei} stop over .50, ready to get out and reenter if spikes again
[14:09] {magoo} in
[14:10] {Threei} half out +.30
[14:10] {Threei} +.20, sorry
[14:10] {Threei} not trailing stop
[14:10] {Threei} still over .50
[14:10] {bruce} tried at .40 but didn't get filled
[14:10] {magoo} out .09
[14:10] {magoo} TY
[14:10] {Threei} I hit the bid bruce, .38
[14:10] {Threei} out in full
[14:11] {Threei} .90
[14:11] {Threei} +.48
[14:11] {magoo} yeah
[14:11] {Threei} this is how I want to play them... into countertrend spikes, with very tight stops
[14:12] {Threei} 13-15 cents is uncharacteristically tight stop for such stock as RIMM
[14:12] {Threei} you can play it this way only with aggressive entries
[14:12] {bruce} your .50 resiswtance was right way to play it
[14:13] {bruce} entry on break woulda stopped out
[14:13] {Threei} and even closest resistance entry woyuld
[14:13] {Threei} spike over it triggering the stops, that's the only safe entry
[14:14] {Threei} [09:35] {Threei} one stock that bothers me: COIN
[14:14] {Threei} [09:35] {lumdus} your obessed with it. get it off your screen
[14:14] {Threei} [09:36] {Threei} you'll cry when it makes new 52 weeks highs :)
[14:14] {bruce} yes - noticed that had last high at .21 which is what I thought of initially
[14:14] {Threei} how about that?
[14:15] {Threei} RIMM REMOVED FROM CONVICTION BUY LIST AT GOLDMAN SACHS (TIMING UNCERTAIN)
[14:15] {magoo} u sdtill dshort rimm half?
[14:16] {Threei} [14:10] {Threei} out in full
[14:16] {Threei} [14:11] {Threei} .90
[14:16] {Threei} [14:11] {Threei} +.48
[14:16] * Threei slaps magoo around a bit with a large trout
[14:16] {magoo} sorry
[14:16] {Threei} too late
[14:16] {Threei} trout is unholstered
[14:16] {Threei} no way it goes back without finsing its target
[14:16] {Threei} finding
[14:17] {bruce} hmmm - rimm loses more than half its value in 6 months
[14:17] {bruce} and now goldman removes it from buy
[14:18] {bruce} makes sense now that they've dumped all on public
[14:18] {bruce} they don't want compettion when they start to accumulate agtain
[14:19] {Threei} you know... Buy rating - we have some for sale
[14:19] {Threei} Strong Buy - hey, buy it from us please, we have a lot left
[14:19] {bruce} lol
[14:19] {Threei} Striong Buy reiterated - someone! pleae! take it off our hands!
[14:19] {bruce} stong sell - stay away from stock we're buying
[14:20] {bruce} ah rimm - sogh - wish I'd got that shoprt
[14:20] {Chaeron} ... we're buying... but let us scare the price down lower first please...
[14:28] {Threei} here comes another spike NQ
[14:28] {Threei} let stops get hit,
[14:28] {Threei} then let's look for our entry
[14:29] {Threei} in RIMM terms, that would translate into something closer to 100
[14:30] {Threei} what the heck is "conviction buy list"...
[14:31] {cosmo} your legal options...
[14:31] {Threei} lol
[14:31] {cosmo} :)
[14:32] {Threei} RIMM is coming there
[14:32] {Threei} one more vertical slpike please
[14:33] {bruce} theres resistnace at 100.15 vad as well as 100
[14:33] {Threei} yes
[14:34] {Threei} what I want is RIMM cutting through those on a parabolic move
[14:34] {Threei} doesn't really matter whether it stops between them or slightly higher than .15
[14:34] {Threei} NQ reversed... isn't getting there
[14:34] {Threei} oh well
[14:35] {Threei} actaully...
[14:35] {Threei} NQ, if goes up again forms higher low on 1 min
[14:35] {Threei} RIMM is at day's low
[14:35] {Threei} will be good bounce scalp candidate
[14:35] {bruce} got you - but we should have been looking for slowdown between 100 and .15 or so then a stop of about 20c?
[14:35] {Threei} yes
[14:36] {Threei} watching for long scalp right now
[14:36] {bruce} k - thanx good advicethose stocks are tough to play - get murdered on breaks in them
[14:36] {Threei} in
[14:36] {Threei} stop .10
[14:37] {magoo} in
[14:37] {Threei} nope
[14:37] {magoo} out
[14:38] {Threei} was a shot at double bottom NQ, but it failed
[14:39] {Threei} still looks tempting but I'd like to see one more sharp selloff
[14:39] {bruce} yep - a good try
[14:39] {Threei} like this one
[14:39] {Threei} one more leg down please
[14:41] {bruce} selling slowed - this the entry?
[14:41] {Threei} in
[14:41] {Threei} .85, stop .70
[14:42] {Threei} tough one eh?
[14:43] {bruce} stopped
[14:43] {bruce} yes -
[14:43] {bruce} still - I like these plays
[14:43] {Threei} yeah, doesn't look like it's ready
[14:43] {bruce} in and out quick
[14:44] {bruce} and nice potential on them
[14:44] {bruce} you're probably right about 1 more leg down
[14:44] {Threei} would prefer them working
[14:44] {Threei} but with these tight stops, way narroqwer than wins we took on it, I don't really mind
[14:45] {bruce} me too - but caqn live w 15c stops in these
[14:49] {Threei} situation reverses: NQ new low, RIMM not
[14:49] {bruce} aapl really selling off
[14:49] {bruce} another try rimm here vad?
[14:50] {Threei} looks like, just want NQ to show some guts
[14:51] {Threei} got .59, sorry, too fast
[14:51] {Threei} .69
[14:51] {Threei} typing deteriorates
[14:51] {Threei} stop is self-explanatory
[14:52] {Threei} come on RIMM, let's kill those shorts, we all hate them
[14:52] {Threei} excpet when we are them
[14:53] {Threei} if it bounces I want 99
[14:53] {Threei} at least
[14:53] {magoo} in .72
[14:54] * Threei kicks RIMM in the rear with heavy duty army boots
[14:55] {Threei} sheesh... NQ has no staying power whatsoever
[14:55] {Threei} out
[14:55] {bruce} stopped rimm
[14:55] {magoo} twice
[14:55] {bruce} damn
[14:55] {bruce} damn
[14:57] {Threei} initial instinct is te best to follow... short was still the way to go
[14:57] {bruce} looks to be good support near 98 vad
[14:57] {Threei} good to break you mean?
[14:58] {bruce} lol
[14:58] {Threei} :)
[14:58] {bruce} pessimist
[14:58] {bruce} rimm kicked back
[15:01] {Threei} what was that?
[15:02] {bruce} that was rimm kicking sand in our faces
[15:02] {Threei} did you see that march from .80 back into 98?
[15:04] {bruce} my charts show low of 98.03 vad
[15:04] {Threei} yes
[15:05] {Threei} I am talking about it dropping from first bounce to 98.80 all the way back into 98 and immediately back up
[15:05] {Threei} both faster than you can say mama
[15:06] {Threei} 15:02
[15:06] {bruce} got you - might be bad tick
[15:06] {Threei} nope
[15:06] {Threei} level 2 did whole dance
[15:06] {Threei} all bids and offers
[15:07] {bruce} well - thats rimm for ya
[15:07] {ThurstonHowellTheThird} looked like super-fast battle between bulls and bears
[15:07] {bruce} hard to keep 20 stops with that kind of dancing
[15:07] {Threei} that was quite unusual even for RIMM
[15:08] {bruce} not at all vad
[15:08] {bruce} I'm playing it remember
[15:08] {bruce} got to expect the weird wild and unusual
[15:15] {bruce} your thoughts on rimm long play if breaks 99 vad?
[15:15] {Threei} chart wise yes
[15:16] {Threei} its manner of tradin last hoyur - anything can happen
[15:16] {bruce} k- that sounds like hesitation to me
[15:16] {bruce} k
[15:16] {Threei} I will be equally unamazed to see it ramping up a buck or dropping all the way back
[15:17] {Threei} it's not hesitation, it's rather:
[15:17] {Threei} consider your willingness to handle the way it trades
[15:22] {Threei} TMA
[15:22] {Threei} FINANCES NEARLY $1.0 B OF PRIME HYBRID ARMS IN SECURITIZATION TRANSACTION
[15:26] {magoo} its avail short vad
[15:26] {Threei} scary
[15:27] {Threei} it's a news about the very heart of its issues
[15:27] {magoo} any play RIMM here?
[15:27] {Threei} core reason of gap down
[15:27] {cosmo} HYBRID ARMS ...sounds like an IED...
[15:33] {magoo} ifmkt continues up....rimm maybe long
[15:42] {Threei} geoarb, look dcc please
[15:52] {Threei} am I alone in crying over COIN?
[15:53] {bruce} pretty much vad
[15:53] {Threei} fine... be that way
[15:53] {bruce} I'm crying case we missed the 2 buck retrace in rimm
[15:54] {Threei} I am not
[15:54] {Threei} I couldn't read it
[15:54] {magoo} balling here
[15:54] {bruce} what are you balling mags?
[15:55] {bruce} do we do that stuff in this room vad - balling?
[15:55] {GEOARB} hehehe
[15:55] {Threei} all these stocks like RIMM, AAPl, NVDA etc
[15:56] {Threei} they are readabke one day, out of read another
[15:56] {Threei} sometimes changes even midday
[15:56] {Threei} you could see it last week with AAPL
[15:56] {Threei} just trying them to see if they work
[15:56] {Threei} if they do, fine
[15:56] {Threei} they become a subject of abuse
[15:57] {Threei} much like we abused AAPL last Thursday
[15:57] {Threei} they don't, we hunt for another
[15:57] {Threei} but COIN, sheesh... had a strongest feeling about it, talked for days
[15:58] {Threei} OK guys, thank you all
[15:58] {Threei} have a good evening
[15:58] {Threei} see you tomorrow
[15:59] {GEOARB} thanks vad
[15:59] {dptl} have a good evening all
[15:59] {magoo} ty all
Tuesday, March 4, 2008
Friday, February 29, 2008
Feb 29 2008
[08:38] {magoo} morning
[08:38] {patience} morning magoo :)
[08:47] {Threei} Good morning
[08:47] {Threei} US TSY PAULSON SAYS OPPOSES GOV'T INTERVENTION IN HOUSING THAT WOULD BAIL OUT SPECULATORS - WIRE CITING RADIO INTERVIEW
[08:53] {esemde} good morning.....
[08:53] {Threei} ese :)
[08:54] {patience} ese :)
[08:54] {esemde} morning patience
[08:54] {esemde} hows the forex biz these days
[08:54] {patience} past few days have been excellent
[08:55] {esemde} what are you into if I may ask
[08:55] {patience} yen and canadian calls
[08:55] {Threei} I know what I am into... I am into non-interrupted crying over meteoric rise of canadian dollar
[08:55] {patience} june contracts
[08:56] {esemde} good on ya....
[08:56] {patience} ty
[08:57] {esemde} OVTI...showing up on my pre scan alot ...news?
[08:57] {cosmo} OmniVision Q3 profit tops Wall Street view; shares riseat Reuters(Thu 5:40pm)
[08:57] {Threei} 02/28/08 04:15pm [OVTI] Reports Q3 $0.55 v $0.46e, R $224.9M v $225.1Me
[08:57] {cosmo} # OmniVision Predicts 4Q Sales Below ViewsAP(Thu 5:22pm)
[08:57] {esemde} ahhhhh....
[08:57] {esemde} looks promising
[08:58] {cosmo} mixed
[08:58] {Threei} yeah
[08:58] {Threei} beat earnings, lowered guidance
[08:58] {magoo} deck reported last nite..got hit all way down to 108
[08:58] {magoo} i thought it was good report, u got anything vad?
[08:58] {esemde} ouch...
[08:59] {Threei} 02/28/08 04:00pm [DECK] Reports Q4 $2.69 v $2.41e, R $194.2M v $184Me
[08:59] {Threei} - Gudes Q1 EPS "the same or modestly higher than 2007" (implies $0.75+ v 0.92e); guides Q1 sales growth 25% y/y (implies Q1 R$90.8M v $89.6Me).
[08:59] {Threei} - Guides 2008 EPS up 20% (implies $6.07 v $5.82e).
[08:59] {Threei} - Guides 2008 sales growth 25% (implies 2008 R$561Mv $531Me).
[08:59] {Threei} - Expects earnings to grow at a slower pace in the first half.
[08:59] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:02] {esemde} dp
[09:06] {Threei} OK guys, we have two-pronged reason to stay on careful scalping only side today
[09:06] {Threei} one is obvious, this is Friday
[09:07] {Threei} another is, we had unusually easy day of trading yesterday
[09:07] {Threei} and the way things lately, market will punish any complacency we allow ourselves to get into
[09:08] {esemde} wasn't there for the whole day Vad....what do you mean by unusually easy
[09:08] {bruce} jump for joy - leap year is here
[09:08] {Threei} nice and easy to read moves on stocks that rarely are easy
[09:08] {Threei} bruce :)
[09:08] {bruce} vadster
[09:08] {esemde} hmmmmmm
[09:08] {Threei} AAPL for instance
[09:08] {esemde} bruce
[09:08] {bruce} hey ese
[09:09] {Threei} we played it several times, on both sides long and short,
[09:09] {esemde} well done gents
[09:09] {Threei} dptl was so oblivious to the "tough market" mantra that actually allowed himself to get full point profit on one of the calls,
[09:09] {Threei} made me jealous so on next one I did the same
[09:09] {Threei} and beat him by one cent
[09:09] {esemde} any reason for
[09:09] {Threei} (my darn competitive nature)
[09:10] {esemde} these easy moves....indexes predictable
[09:10] {esemde} ???
[09:10] {Threei} who knows... as a trader I don't ask why when I get easy ride, I simply kill a chicken and lay entrails to the feet of trading gods
[09:11] {dptl} lol
[09:11] {esemde} now that is an analogy....that i haven't heard before
[09:12] {Threei} requirement is to bring one's finest cheeses... but I love cheese myself so I cheat and give them what I don't eat anyway
[09:13] {Threei} so... under risk to be slapped silly by magoo, I intend (at least so far) to stay on conservative side, take only trades offering the least risk and be very picky overall
[09:13] {Threei} welcome to the room jjthetrader
[09:16] {Threei} welcome to the room ThurstonHowellTheThird
[09:16] {ThurstonHowellTheThird} good morning
[09:16] {Threei} gosh... what a nick, lol
[09:16] {dptl} lol
[09:16] {Threei} good luck typing it whoever wants to greet new guy {G}
[09:16] {magoo} morn the third:)
[09:16] {Threei} oops
[09:16] {Threei} magoo simplified it
[09:16] {Threei} took easy way out eh?
[09:17] {ThurstonHowellTheThird} sounds good to me
[09:17] {bruce} patience -sounds like you're long can dollar - you still see itrising against US?
[09:17] {patience} no idea. i'm guessing u.s. dollar is bottoming. but really have no idea
[09:17] {dino} gtm all brb
[09:18] {Threei} dino :)
[09:18] {bruce} dino
[09:18] {bruce} k thanx patience
[09:18] {Threei} fed really should stop pumping liquidity in
[09:18] {Threei} and cutting rates
[09:19] {bruce} they're reallyacting as if running scared vad
[09:20] {Threei} prolonging agony, staying in denial, posptponing inevitable and actually making the eventual outcome worse
[09:20] {bruce} putting in my bids for msft - 3 bucks - goog - 1.75
[09:20] {Threei} nice prices
[09:20] {Threei} if it gets there I will try to outbid you
[09:20] {bruce} lol
[09:21] {Threei} I won't hesitate to pay 1.76 for GOOG
[09:21] {bruce} stqarbucks - 22 c
[09:21] {Threei} that one you can have, I hate their coffee
[09:21] {bruce} don't tell that to seattle natives
[09:22] {Threei} as long as I am separated by the body of water from them...
[09:23] {bruce} its a nice swim
[09:23] {bruce} aapl looks like it may have made a botom near 120
[09:23] {bruce} anybody swing trading it?
[09:24] {Threei} AAPL? swing trading?
[09:24] {Threei} I am shuddering
[09:25] {Threei} once again guys, don't push, let's be picky and careful
[09:25] {Threei} wait patiently for low risk setups
[09:26] {cosmo} i only buy fresh tulips...
[09:29] {bruce} lol cosmo
[09:29] {bruce} the moneys in tulip futures
[09:29] {Threei} tulip futures = bulbs
[09:29] {_leo1} HI
[09:30] {Threei} leo :)
[09:30] {esemde} SAPE...
[09:30] {lumdus} gm to the whole crew.
[09:30] {Threei} lum :)
[09:31] {Threei} OVTI
[09:31] {Threei} half lot short .20
[09:31] {Threei} stop over .40
[09:33] {Roman}
21 OVTI triggered?
[09:33] {Threei} no
[09:34] {Threei} hopefully forms lower high for tighter stop placement
[09:36] {tomg} gm all
[09:36] {Threei} tom :)
[09:36] {tomg} welcome to the room Thurston
[09:36] {tomg} and jjthetrader
[09:36] {Threei} stop is still .41 for OVTI
[09:36] {ThurstonHowellTheThird} thaks
[09:37] {Threei} topped out at resistance on bounce
[09:37] {Threei} and I had no guts to short it there
[09:37] {jjthetrader} thanks
[09:37] {Threei} dropped about 10-15 cents quickly after triggering
[09:38] {Threei} let's see if it want to show respect and die
[09:38] {Threei} reminder, half lot guys, it's a bit more jumpy than I like for a friday
[09:38] {bruce} in ovti .25
[09:39] {esemde} SAPE...long 7.37 or short 7.16??
[09:40] {Threei} what's with MNTAS? I don't see news
[09:40] {Threei} this is "whatever triggers fiirst" case ese
[09:40] {esemde} 1/4 loss not as big as expected
[09:40] {Threei} MNTA?
[09:41] {Threei} OVTI stopped
[09:41] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:42] {cosmo} testing
[09:42] {Threei} starts looking like one of those that gap up, cxonsolidate and continue running
[09:42] {Threei} ese, if you took SAPE on break, stop is .19 IMO
[09:43] {esemde} long SAPE .42
[09:43] {bruce} nvda short vad?
[09:44] {Threei} overall yes but I hate shorting this one on breaksdowns
[09:44] {bruce} k
[09:44] {Threei} better try to catch a bounce
[09:45] {Threei} FEB CHICAGO PURCHASING MANAGER'S INDEX: 44.5 V 49.5E
- sub-indices:
[09:45] {Threei} - Prices Paid: 79.4 v 81.7 last
[09:45] {Threei} - New Orders: 48.8 v 44.7 last
[09:45] {Threei} - Employment: 33.5 v 47.0 last
[09:45] {Threei} - Inventories: 46.0 v 51.1 last
[09:45] {Threei} - Supplier Deliveries: 39.6 v 61.7 last
[09:45] {Threei} - Production: 46.5 v 51.3 last
[09:45] {Threei} - Order Backlogs: 38.3 v 48.0 last
[09:45] {bruce} k
[09:45] {lumdus} wow , we going down nicely
[09:46] {Threei} tell it to AKAM
[09:46] {Threei} HEARING TAKEOVER CHATTER CIRCULATING- AT&T rumored as potential acquirer
[09:47] {lumdus} will go long adsk above 32
[09:47] {lumdus} l adsk 32.00 stop 31.94
[09:48] {lumdus} oin - .06
[09:49] {Threei} OVTI .75 long, half lot, stop .59
[09:50] {Threei} last attempt on it, if not cooperating, abndoning it
[09:51] {lumdus} vad, have you noticed alot of low priced stocks going up lately ?
[09:51] {dino} solars getting bids
[09:52] {Threei} yeah lum, even IVAN is hitting highs, lol
[09:52] {Threei} move your lazy butt OVTI
[09:53] {Threei} 1:1 and over
[09:53] {lumdus} vad, that is waht i am saying .. that is why my shift to some of these play aka ctum etc.
[09:53] {dino} grmn l .10 stop lod
[09:53] {lumdus} ovti stop .75 or sell all
[09:53] {lumdus} ?
[09:53] {Threei} at your discretion
[09:54] {lumdus} 15.77 firm stop
[09:54] {Threei} as I stated before opening, this is scalping day for me
[09:54] {lumdus} oh ok .. will sell if goes below .85
[09:55] {magoo} deck short vad?
[09:55] {Threei} FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 70.8 V 70.0E
[09:55] {Threei} DECK is way beyond my risk tolerance magoo
[09:56] {Threei} 2 dollars move in a single breath
[09:56] {lumdus} hmm ovti if you break 16 i hold you alot more
[09:56] {Threei} for you patient types, OVTI is at 1.5:1
[09:57] {lumdus} out ovti .98
[09:57] {lumdus} tx vad
[09:57] {Threei} welcome
[09:58] {Threei} it still owes me a bit, first stop was bigger than this win
[09:58] {Threei} but I foprgive it... will see what else is out there
[09:58] {lumdus} i missed it the first time,
[09:58] {Threei} lol, good for you
[09:59] {Threei} actually 16 break is another long trigger on it but risk is higher here
[09:59] {Threei} valid with .84 stop
[09:59] {magoo} thats my .99 right now
[09:59] {lumdus} not in a trading mood yet, still need to wake up here.
[10:00] {Threei} invalidated if loses .85
[10:00] {bruce} coffee lum - starbucks
[10:01] {Threei} done with OVTI, off my screen
[10:01] {cosmo} gee...picky
[10:01] {Threei} and capricious
[10:01] {cosmo} hmm
[10:02] {bruce} cmed dino
[10:03] {Threei} can't believe VLNC
[10:03] {lumdus} l gld 95.93 stop 95.92
[10:03] {Threei} remember where it was called as swing trade?
[10:03] {Threei} friking 2.35
[10:06] {dino} tighten grmn to .98 not moving
[10:06] {cosmo} GXDX: Genoptix prices a 2.08 mln share common stock offering at $25.50/shareBriefing.com(Fri 7:31am)
[10:07] {cosmo} ... and miky likes it....
[10:07] {Threei} AAPL long for a quick scalp
[10:07] {Threei} stop under .20
[10:08] {Threei} don't chase it over .40
[10:08] {lumdus} in .23 stop .15
[10:09] {Threei} perfect entry, very tight stop, now it's up to market to decide its fate
[10:10] {lumdus} out already
[10:10] {lumdus} got .33
[10:10] {Threei} yup, quick scalp is original intend
[10:10] {lumdus} +.10 is fine with me, that's the intent today . no long haul stuff
[10:10] {Threei} market getting nervous, don't oversit
[10:11] {Threei} short starts looking like path of least resistance
[10:12] {dino} grmn stopped -.12
[10:13] {Threei} AAPl short closer to 128
[10:13] {Threei} fast fingers only
[10:14] {Threei} don't shoet on price alone, watch for it to stall
[10:14] {lumdus} that excludes me then
[10:14] {Threei} if styas under .75 from here, , can try and short .50 breakdown
[10:15] {lumdus} in sds 63.49
[10:15] {lumdus} stop 63.29
[10:15] {magoo} pretty hard sell here mkt
[10:16] {Threei} on no news
[10:16] {Threei} kind of "reality sets in"
[10:16] {Threei} it's still bear market after all
[10:22] {lumdus} sds stopped me. bear market it is.
[10:27] {Threei} RIMM short .15 if stays under .30; otherwise, look to short on bounce closer to .50
[10:29] {lumdus} short .54 stop .65
[10:29] {lumdus} rimm
[10:30] {lumdus} here or i am out
[10:30] {Threei} market's dropping hard, AAPL too
[10:30] {lumdus} stop .34 protect .20 profit at least
[10:31] {Threei} RIMM catches up
[10:31] {lumdus} yeah, but my scalp is alredy payed for. not looking to lose it.
[10:31] {lumdus} out .36
[10:31] {lumdus} +.18 tx vad
[10:31] {bruce} adsk short vad?
[10:31] {Threei} .40 trigger bruce
[10:32] {bruce} k
[10:32] {Threei} .55 stop
[10:32] {Threei} .61 is valid too, depending on your position size
[10:32] {lumdus} s adsk 31.38 sto p31.62
[10:33] {tomg} vad, i've still got 100 ovti
[10:33] {tomg} ?
[10:33] {Threei} from what price tom?
[10:33] {tomg} 15.80
[10:34] {Threei} either put stop at .75 and let it trade
[10:34] {Threei} or just take it off the table and move to better things
[10:35] {tomg} ok, ty
[10:35] {Threei} it's not really readable between .75 and 16
[10:35] {Threei} just noise
[10:35] {Threei} if breaks any of those, becomes more understandable
[10:35] {lumdus} adks ned to go now
[10:37] {lumdus} adsk above .40 and i out, not falling hard enough yet.. we need to hit with that trout stuff
[10:38] {Threei} that's way too tight lum
[10:38] {Threei} too easy to get shaken out of a nice trade
[10:38] {Threei} .51, OK
[10:39] {dino} cmed sm l .99
[10:39] {lumdus} i want to protect my profits from today. you gave me aaapl and rimm don't want to mess it up
[10:39] {Threei} market looks like ready for the next leg down
[10:40] {lumdus} hmm, i guess i am reading it wrong. to me i see a bounce a hard one now..
[10:40] {lumdus} out adsk .28 +.10
[10:40] {Threei} of course in light of recent action it means it's going to spike 20 points now
[10:41] {lumdus} l rimm 106.33 stop
[10:41] {lumdus} big stop 105.99 crap..
[10:42] {Threei} careful lum, today is clean bear so far
[10:42] {lumdus} ok, yeah, looks like bad trade here.
[10:43] {lumdus} i thought it was bouncing here.
[10:43] {Threei} it very well may
[10:43] {Threei} it just wasn't compelling trade
[10:43] {lumdus} i stop now 106.06
[10:43] {lumdus} so only .25 loss if i get stopped.
[10:43] {Threei} kind of coin toss
[10:44] {lumdus} well it did base and show some strength
[10:45] {Threei} here it goes
[10:45] {lumdus} 106.19 stop
[10:46] {lumdus} was hoping for 107, but taking way to long .. in the bear market
[10:47] {Threei} FED'S ROSENGREN: RATE CUTS MAY SIGNIFICANTLY HELP HOUSING SECTOR
[10:47] {Threei} idiot
[10:47] {lumdus} stop at b/e 106.34
[10:47] {lumdus} why he idiiot ?
[10:48] {Threei} not sure... maybe was born this way, maybe got stupid in a process of living
[10:48] {Threei} they cut rates, mortgage rate goes up
[10:48] {Threei} who is benefitting?
[10:48] {lumdus} the banks i guess
[10:49] {lumdus} ok, let's watch rimm
[10:49] {Threei} homeowner? or banks get their funding and ease liquidity crunch on the backs on honest mortgage payers?
[10:49] {Threei} and to the heck qith inflation
[10:49] {lumdus} vad, rimm.. help her
[10:49] {Threei} ah just take profit
[10:50] {lumdus} .79 stop .. i can't just sell
[10:50] {Threei} you have 50 cents, what do you want?
[10:50] {lumdus} ok out .77
[10:50] {dino} gfig
[10:50] {Threei} this market changes on a dime
[10:50] {lumdus} +.47
[10:51] {lumdus} now, back to mortage rates..
[10:51] {Threei} lol
[10:51] {lumdus} vad, in middle of a trade, i need to concentrate..
[10:51] {Threei} really?
[10:51] {Threei} I gotta try that
[10:52] {Threei} I tend to fall asleep when in trade
[10:52] {dino} l gfig sm wide .10
[10:54] {dino} gfig stopped
[10:54] {bruce} aapl looking like it wants to go long vad
[10:54] {Threei} true
[10:54] {Threei} .50 break... risky as hell
[10:55] {lumdus} enough for me this morning. see ya later.
[10:55] {Threei} take care lum
[10:55] {bruce} was thinking pullback to 127.10 in aapl w 25 c stop
[10:55] {Threei} sure... just different way of entry
[10:56] {dino} copla sm wide l .70
[10:57] {Threei} AKAM wants another round
[10:57] {Threei} ugh, broke while I typed
[10:57] {Threei} don't chase, let's try to catch pullback
[10:59] {Threei} .25 was break trigger, so want it around .20-.25
[10:59] {Threei} stop is under .10, and stock is bolatile
[10:59] {Threei} half lot will be appropriate
[11:00] {Threei} anyone managed to catch any of those prints around .25?
[11:01] {Threei} just so I know if anyone needs further comments
[11:01] {Threei} if not let's consider it missed trade
[11:01] {Threei} FED'S MISHKIN: SUSPICIOUS ESTIMATE OF CREDIT LOSS TO BE 1.3% OF GDP
[11:02] {dino} rinse on gfig
[11:05] {Threei} POT is short on bounce
[11:05] {Threei} closer to 160 I'd like
[11:06] {Threei} doesn't look like getting there
[11:09] {Threei} RIMM long .61
[11:09] {Threei} tight stop, just under .50
[11:10] {Threei} invalidated
[11:11] {Threei} will be valid again if not losing .50 anymore
[11:11] {Threei} same condition
[11:12] {Threei} watching POT
[11:13] {magoo} as short right?
[11:13] {Threei} yes
[11:14] {Threei} too volatile, can't nail entry
[11:15] {bruce} any read cmed vad - looks like long on 48 break - samll - risky
[11:15] {Threei} chart is right
[11:17] {bruce} another possibility is nvda long on .57 break - stop would be small
[11:20] {Threei} NASDAQ stalled for the last hour
[11:20] {Threei} very narrow range
[11:20] {Threei} until it resolves, any trade is more of a guess
[11:20] {bruce} k
[11:21] {dino} fwiw bruce i'm l cmed .99
[11:21] {dino} sm
[11:22] {bruce} k dino
[11:22] {bruce} I'm still watching it
[11:24] {dino} don't go off of me, slumping this week
[11:26] {bruce} k - looked like you had good day on tuesday
[11:27] {Threei} RIMM .19 short, .31 stop
[11:28] {dino} that was it
[11:28] {bruce} k
[11:29] {bruce} in rimm s .20
[11:29] {Threei} 1:1 RIMM
[11:29] {bruce} nice tight stop vad
[11:29] {tomg} have a nice weekend everyone, see ya monday
[11:29] {Threei} take care tom
[11:29] {Threei} out RIMM
[11:29] {dino} cya tom
[11:30] {Threei} +.21
[11:30] {Threei} too soon... what else is new
[11:30] {dptl} +/17 ty
[11:30] {Threei} welcome
[11:30] {Threei} bruce will make a buck on it and laugh at us
[11:30] {bruce} out rimm + .46
[11:31] {Threei} there
[11:31] {Threei} isn't it disgusting
[11:31] {bruce} sheesh
[11:31] {Threei} lol
[11:31] {bruce} really needed that win vad
[11:31] {Threei} wtg bruce
[11:31] {Threei} so far, today is nothing like yesterday, much tougher day
[11:32] {dino} gj guys
[11:32] {bruce} k - definitley tough day for me - that was first win
[11:32] {bruce} figures - I'm away markets behave nicely
[11:32] {Threei} so you milked it for all it was capable of
[11:33] {bruce} still trying to get feel for thse kind of moves vad
[11:34] {Threei} I was very tempted to say "yeah me too"
[11:34] {Threei} then decided my wierd sense of humor will get me in troubles once again
[11:34] {dino} cmed stopped
[11:34] {magoo} OVTI went
[11:35] {bruce} wierdness pervaqdes this room vad
[11:35] * bruce slaps magoo around a bit with a large trout
[11:35] {bruce} there
[11:35] {bruce} I feel better already
[11:35] {Threei} you are still in OVTI mags??
[11:36] {Threei} tom OK, I can see him holding that long
[11:36] {magoo} no
[11:36] {Threei} but you?
[11:36] {Threei} you start slapping peole with trout if holding over 1 minute
[11:37] {bruce} thats just a release for an overall crappy day vad
[11:37] {Threei} so whiole I am at it... I stronlgy suggest new guys to duck when magoo unholsters that trout
[11:37] {bruce} time for some revenge trading
[11:37] {Threei} NVDA
[11:37] {Threei} long idea of .50 support
[11:38] {Threei} first strength from here
[11:38] {Threei} with stop as tight as they get
[11:38] {magoo} in .51
[11:38] {Threei} another way to play it is to put stop under .40
[11:39] {Threei} and let it play out, if it breaks .60 should be good for bigger move
[11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[11:40] {Threei} so with 2 cents stop in one scenario or 12 in another... valid trade of support on pullback
[11:42] {Threei} here we go
[11:42] {magoo} like to .71?
[11:42] {Threei} hard core scalpers with stop at .49 have what 1:5?
[11:43] {Threei} hmmm
[11:43] {Threei} I can't assign numpers to the target mags
[11:44] {dino} cavm l .66, stop .34
[11:47] {magoo} that can't be it
[11:49] {bruce} l nvda .53
[11:51] {bruce} nvda gooing to put us to sleep
[11:54] {Threei} you sa it as if it were a bad thing
[11:55] {bruce} heck vad - that'll make us comatose - like you
[11:55] {Threei} again...
[11:55] {Threei} you say it as if it were a bad thing :)
[11:55] {bruce} lol - got me
[11:56] {bruce} we can do it as a range lay - in .52 out .55
[11:56] {bruce} over and over
[11:56] {Threei} lol
[11:57] {bruce} out
[11:57] {bruce} I was looking for move to about .70 like you mags
[11:57] {magoo} and with mkt pulling back
[11:57] {magoo} i am out
[11:59] {Threei} I am not sure I understand
[12:00] {Threei} if your stop was couple centsa, why not take at least part on 10 cents spike
[12:00] {Threei} and if your objective was for more, why so tight stop
[12:00] {magoo} actually, i just cut flat and reloaded lower is all
[12:00] {magoo} thought mkt was losing
[12:00] {Threei} risk/reward are part of the same equation
[12:00] {Threei} can't have one without the other
[12:00] {Threei} (Frank Sinatra)
[12:02] {bruce} looks like market selloff is coming mags
[12:03] {Threei} if it happens look to short RIMM .50
[12:06] {bruce} aapl hugging lows too vad - looks likewe csan take it short w fairly small stop
[12:09] {magoo} its all gonna depend on mkt
[12:10] {magoo} spike up they all gop
[12:10] {magoo} crash, we crash
[12:14] {bruce} thoughts on rimm vad? - looks like we need a stop to .90 if breaks down here
[12:14] {Threei} a bit too wide for my taste
[12:14] {bruce} same
[12:14] {Threei} if market breaks down fast, just short RIMM sggressively
[12:15] {Threei} that's if it pauses before dropping
[12:15] {Threei} if drops just as market does oh well
[12:15] {Threei} siply write it off as a trade than never gave you a chance
[12:17] * Threei slaps Laserdave1 around a bit with a large trout
[12:17] {bruce} aapl broke - miised it - could have got .80 with stop to .04
[12:18] {dino} cavm stop to b/e
[12:18] {magoo} anyone short RIMM here?
[12:19] {ThurstonHowellTheThird} .55
[12:19] {Threei} little help by market and should work
[12:19] {magoo} i sh @ .65
[12:21] {magoo} covered .50
[12:22] {dino} cavm stop to .96
[12:23] {bruce} cool beans mags -
[12:24] {dino} cmed blood
[12:24] {Threei} market is not giving many easy ones today
[12:24] {bruce} yeah- noticed that dino
[12:26] {bruce} market not giving many easy ones this year vad
[12:26] {magoo} shouldn't rimm bounce with mkt vad?
[12:26] {dino} glad i stopped
[12:26] {bruce} only if I short it mags
[12:27] {Threei} it did but somehow not very convincingly
[12:27] {magoo} are u bruce? lol
[12:27] {Threei} here goes your NVDA
[12:27] {bruce} not yet mags
[12:28] {dino} esrx l .48, stop .18
[12:28] {Threei} 11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[12:29] {Threei} looks like they are
[12:30] {dino} i can only buy so much 3i
[12:30] {Threei} come on... sell farm and kids
[12:30] {Threei} I am switching to longs
[12:30] {bruce} especially kids
[12:30] {dino} would like too (not the kids)
[12:31] {dino} just got off the bat phone w/bernie
[12:32] {Threei} AAPL 127 break long if stays above .70
[12:32] {bruce} bernies the new butler?
[12:33] {bruce} poor alfred
[12:33] {dino} lol
[12:35] {dino} out cavm .96 +.30
[12:41] {magoo} mkt doing its best to rinse
[12:41] {bruce} aapl dropped to .68 - 127 break still valid?
[12:41] {Threei} not much surprise there... it does it regularly these days, and it's Friday
[12:42] {Threei} feels so if not losing support anymore bruce
[12:42] {bruce} k
[12:42] {Threei} NQ heard us
[12:42] {Threei} AAPL is holding though
[12:43] {dino} esrx stopped
[12:44] {bruce} riim skirting lows again
[12:47] {magoo} honestly, NVDA holds pretty well...just won't go
[12:50] {Threei} feeling that we are to see rally today gets stronger
[12:50] {bruce} sorry about esrx dino - long breaks not workingvery well
[12:50] {dino} cpla stopped too
[12:51] {dino} sh!t happens bruce, no worries. just making the vacation look better
[12:52] {patience} vad, is your feeling about a rally likely to be right at 1:00 or 2:00....lol. i have Dow puts and considering sellling
[12:52] {Threei} hmm
[12:52] {Threei} good question :)
[12:53] {Threei} in my mind, we are going through shakeouts before ramping up
[12:53] {magoo} dam..OVTI vad
[12:53] {Threei} hard to tell how long those shakes will take
[12:53] {dino} shaking me
[12:53] {bruce} we finally have a higher low in rimm if .54 holds now
[12:54] {Threei} OVTI pullbacks are too deep... otherwise, yeah, attacks highs time and again
[12:55] {Threei} not rushing into longs, want to see pattern confirmation first
[12:55] {magoo} prob prin 18
[12:56] {magoo} print
[12:56] {Threei} OVTI?
[12:56] {Threei} wow, 18 seems a bit too out there
[12:57] {esemde} .have a great weekend everyone...i'm now averaged in on SAPE at 7.21 3/4 lot...we'll see what happens at the end of the day...will not carry over the weekend
[12:57] {bruce} bye ese
[12:57] {Threei} take care ese, have a good one
[12:57] {esemde} see ya vad....
[12:58] {Threei} volume all but dries up on downticks
[12:58] {Threei} then violent upward move comes
[12:58] {Threei} typical rally preparation
[12:59] {magoo} nice observation boioss
[13:00] {Threei} what did you call me?
[13:03] {Threei} see what I mean?
[13:03] {magoo} yeah..i hadn't noticed
[13:03] {magoo} now watching thatv boioss
[13:03] {Threei} lol
[13:04] {Threei} AAPL broke resistance
[13:04] {Threei} NVDA trying
[13:04] {Threei} RIMM trying
[13:04] {Threei} anyone took AAPL, take profit or partial here
[13:04] {bruce} out aapl + .41
[13:04] {Threei} wtg
[13:04] {bruce} lucky
[13:05] {Threei} see NQ? how about that
[13:05] {bruce} thanx vad
[13:05] {Threei} welcome sir
[13:07] {dino} gj
[13:07] {dino} smmx
[13:08] {magoo} exiting NVDA here .66 TY
[13:08] {Threei} sure... but how about some faith
[13:08] {Threei} kidding
[13:09] {magoo} too bad theres a law against reentering pullbk
[13:09] {Threei} yup, you are forbidden from reentering
[13:10] {bruce} was just going to ask if aapl pullback would be good try
[13:10] {Threei} GOOG
[13:10] {Threei} COMSCORE CLARIFIES CLICKTHRU REPORT; SAYS NO EVIDENCE OF SLOWDOWN IN CLICKS - CNBC
[13:10] {dino} mnta
[13:11] {Threei} hmmm
[13:11] {Threei} CHNR
[13:11] {Threei} AGREES TO ACQUIRE COPPER SMELTER LOCATED IN INNER MONGOLIA
[13:11] {Threei} what, Mongolia is the next hot spot?
[13:11] {Threei} look at CHNR
[13:11] {bruce} great - really really really been looking forward to opportuhnity to trade googl;e
[13:11] {bruce} not
[13:11] {dino} sm s smmx .25
[13:12] * Threei books ticket to Mongolia to buy some property
[13:12] {patience} sold june and march Dow (DIA) puts, nice little profit :)
[13:12] {bruce} congrats patience
[13:13] {Threei} not sure what it means but congratulations :)
[13:13] {bruce} patience is buying the beer
[13:13] {bruce} with nigeria money vad?
[13:13] {bruce} nice combo
[13:13] {Threei} and ivory coast
[13:14] {patience} come to victoria bruce and i'll take you on a pub crawl of the local brew pubs
[13:14] {bruce} out aapl +.20
[13:14] {magoo} whats the better long vad? RIMM or AAPL
[13:15] {bruce} qucik scalp off 127
[13:15] {bruce} you're on patience
[13:15] {Threei} AAPl so far mags
[13:15] {dino} gj patience
[13:16] {dino} speaking of pub crawl, magoo, i re-stock the beer fridg today
[13:17] {bruce} magoos eyes brighten
[13:17] {Threei} you restock it and leave for vacation?
[13:17] {Threei} that's very kind of you
[13:17] {magoo} nice guy
[13:18] {bruce} you leaving next weak dino?
[13:18] {bruce} week
[13:18] {bruce} lol
[13:18] {dino} well, i thought since it is friday, we would have a few.
[13:18] {bruce} k
[13:18] {dino} yes bruce playa de carmen, mexico
[13:18] {bruce} hope maggs lets you have some
[13:19] {magoo} will not be any left
[13:19] {Threei} same pattern
[13:19] {bruce} have heard its a great vacation spot dino
[13:19] {Threei} bull flag, slow down, volume disappears, then sharp spike
[13:19] {dino} me too, looking forward to it, sunday to sunday
[13:19] {Threei} ashorts will get killed today
[13:20] {dino} smmx bstop to .84
[13:21] {dino} to .73
[13:22] {dino} cov .70, +.55
[13:23] {bruce} nice one dino
[13:24] {bruce} thats too short dino - you shoud stay another week
[13:25] {dino} lol
[13:25] {dino} don't think my body can handle much more that that, for the abuse
[13:25] {Threei} lol
[13:26] {bruce} oh?
[13:26] {bruce} you into dom mistresses down there or something?
[13:26] {dino} intend to eat and drink heavily
[13:26] {bruce} I thought that was mags thing
[13:27] {dino} indeed
[13:27] {bruce} myfamily wnet to mexico this past christmas - first time away for us dino
[13:27] {bruce} was gret
[13:27] {dino} should be fun group of 16 going, i believe the daytrading room
[13:27] {dino} good to hear
[13:27] {bruce} nice to go w friends
[13:28] {bruce} wrecked my knee playi9ng soccer first day
[13:28] * magoo slaps jjthetrader around a bit with a large trout
[13:28] {dino} yes, couple rounds of golf, maybe some fishing, etc
[13:28] {bruce} and was hopping for a month after
[13:28] {bruce} still - was nice to get away\
[13:28] {Threei} magoo gets violent
[13:29] {magoo} practicing
[13:29] {bruce} eah - mags is tstill warming up
[13:29] {bruce} look out thurston and jj
[13:30] {dino} efut
[13:30] {bruce} aren't there mayan ruins near where you're going dino?
[13:32] {Threei} NVDA is holding this pullback amazingly well
[13:33] {Threei} in AAPl for a scalp
[13:33] {Threei} .69 stop
[13:33] {Threei} out
[13:33] {Threei} easy money
[13:33] {magoo} out too
[13:34] {magoo} do it ahgain
[13:34] {dino} i think 3 hours away bruce, but if closer i'll check it out
[13:34] {dino} i do know that the resort has a tequilla bar
[13:34] {bruce} grmn double bottom here dino
[13:34] {dino} of which, i shall frequent
[13:35] {dino} feels lower. mkt fall
[13:35] {patience} naturally, i sold my puts
[13:35] {dino} going for -320 on dji
[13:35] {bruce} I usually stick to beer - I'm an easy drunk - doesn't take much tequila
[13:36] {Threei} fed opened their mouth again and spooked the market
[13:36] {Threei} FED'S POOLE: FED SHOULD GIVE PRIMACY TO INFLATION OBJECTIVE, MARKET PARTICIPANTS SHOULD BEAR THE COST OF BAD BETS- Says to avoid inflation, rate cuts should be reversed promptly once markets settle down.
[13:36] {bruce} maybe you should add forex and options to the room vad
[13:36] {bruce} patience to lead calls
[13:37] {Threei} FED'S LOCKHART: CONCERNS EXISIT ABOUT CONSUMERS' CAPACITY TO SPEND - Q&A
- Credit card debt, lower prices for homes, other assets could constrain spending.
[13:37] {Threei} - There is reason to be concerned on the health of community banks because of real estate exposure.
[13:37] {patience} i'll post my trades, just thought you guys didn't like options and currency stuff
[13:37] {bruce} media just keeps piling on bad news a bout real estate
[13:38] {Threei} FED'S EVANS: RISK TAKING IS AN INGREDIENT IN ECONOMIC GROWTH, POLICY MUST KEEP FOCUSED ON MEDIUM-TERM GOALS- Says it is an important question whether Fed policy responses will lead to further excesses in the future.
[13:38] {Threei} Poole's comment is what scared the market most of all
[13:38] {magoo} aapl bounce again vad?
[13:38] {bruce} meanwhile - 2 years back - media is in frenzy talking about how people are making fortunes in US real estate
[13:38] {bruce} thanx patience
[13:38] {Threei} not sure this time mags
[13:39] {magoo} they don't like anyone making money is it
[13:39] {magoo} good nvda vbounce area?
[13:39] {bruce} duty calls - taking break - doggy walk time
[13:39] {Threei} I would wait it out
[13:39] {Threei} see, what we have right now:
[13:40] {Threei} market prepared everything for a squeeze and actually started it,
[13:40] {Threei} then these comments hinting at possible end of rate cuts and even hikes scared the bejeezus out of market,
[13:41] {Threei} now it's matter of "shrug it off and do what intened" or "OK, Plan B" for the market
[13:41] {Threei} kind of starting it all over again,
[13:41] {Threei} so I want to see confirmation again
[13:59] {magoo} down 2650
[13:59] {magoo} vad
[13:59] {Threei} ?
[14:00] {magoo} mkts 260
[14:00] {Threei} gosh
[14:00] {Threei} you scared the living daylight out of me
[14:01] {dino} 35 to g0
[14:01] {patience} look at that bastard dow....my paycheque could have been bigger today...the dog
[14:02] {dino} greed is good, huh patience? :)
[14:02] {patience} i'm just p.o.ed
[14:03] {dino} i know, just busting
[14:03] {Threei} one more leg down before bounce
[14:08] {magoo} nvda bounce? aapl/
[14:09] {Threei} AAPL is my choice
[14:09] {Threei} NQ turn up from here is entry signal;
[14:10] {magoo} where u think?
[14:10] {Threei} NQ greening
[14:10] {magoo} huh?
[14:11] {Threei} wave of green on the tape at the moment
[14:11] {Threei} AAPL was around .07 - .13
[14:12] {Threei} same situation
[14:12] {Threei} selling pressure still
[14:13] {Threei} not as clear right now, on a sideline
[14:13] {dino} akam spike
[14:16] {lumdus} go away a few hours and dow down 281 .
[14:16] {Threei} ahhh... it's lum's fault
[14:16] {lumdus} not great, but good prediction by vad this am
[14:17] {lumdus} well, you know i put alot of money in that other stock. not taking that out for a while.
[14:17] {Threei} am maybe but then I said rally lum {G}
[14:17] {lumdus} oh, when did you say rally ?
[14:17] {Threei} waited for you to leave
[14:17] {Threei} and rally actually even started... tyhen another talking head opened its big useless mouth
[14:17] {lumdus} ok, fine. i am out hunting now for some stock
[14:18] {lumdus} you seem to love the fed these days.
[14:18] {Threei} oh, I always loved them
[14:18] {Threei} the day fed is abolished will be the day US recovery starts
[14:19] {Threei} or maybe healing is the better word
[14:19] {lumdus} yeah, but your love is getting more and more every day for them.
[14:21] {bruce} watching cmed here dino -
[14:23] {dino} let me know
[14:23] {dino} cavm i'm watching too
[14:24] {bruce} will do - want to see it showing more strength
[14:29] {lumdus} in dna 76.18
[14:31] {Threei} AAPL 126 break long if stays above 125.80
[14:34] {bruce} mised cmed dino - sorry - my fault - wanted to see it pullback but it just kept rallying
[14:35] {lumdus} stop on dna 75.98
[14:35] {ThurstonHowellTheThird} Is there any way way to make this chatroom beep only when there is a post?
[14:36] {lumdus} and we all fall down . ..
[14:37] {Threei} try File-Options-Sounds-Beep on Channel message
[14:37] {ThurstonHowellTheThird} ok thanks
[14:38] {lumdus} 1:1 on DNA
[14:39] {bruce} Ilike cavm long here dino
[14:39] {lumdus} stop on dna 76.07 for now
[14:40] {dino} cavm l .04 stop .83
[14:42] {Threei} out AAPL here
[14:42] {Threei} looking to reenter on pullback
[14:44] {lumdus} stop on dna 76.17
[14:45] {lumdus} stop on dna 76.19 maybe it run to 78.00 if market behave
[14:47] {Threei} {AAPL} what pullback?
[14:47] {bruce} nice move on aapl vad -
[14:49] {Threei} RIMM long off pulback, stop under 105
[14:50] {Threei} hard to nail exact entry
[14:50] {bruce} any read on dtsi break vad?
[14:51] {Threei} ugh no
[14:51] {Threei} not the kind I would like to trade in this market
[14:51] {bruce} k
[14:51] {dino} darn, partial fill anly l .00
[14:53] {bruce} cmed consolidation here dino - high risk on break of46
[14:54] {lumdus} dna stop now 76.25
[14:55] {dino} gild sm l .60, stop .35
[14:56] {Threei} FED'S POOLE: FED SHOULD BE SLOW TO INTERVENE IN GENERAL, SHOULD LET MARKETS PLAY THEMSELVES OUT
[14:56] {dino} alny stop to .98
[14:58] {Threei} taking bets on markety direction for the last hour
[14:58] {dino} out alny .50, +1.50
[15:00] {Threei} dp, look dcc please
[15:00] {Threei} AAPL is back colser to support 126
[15:02] {bruce} I'm guessing market may go up down or sideways vad
[15:03] {Threei} hmmm
[15:04] {Threei} in
[15:04] {Threei} .87
[15:04] {Threei} .79 stop
[15:04] {magoo} in .95
[15:05] {Threei} chasing a bit
[15:08] {magoo} out 07
[15:10] {Threei} to short RIMM or not to short RIMM...
[15:11] {Threei} can't mske up my mind
[15:11] {dino} back to my coin flip market
[15:11] {bruce} airm spikes dino
[15:12] {patience} i say market goes down vad, my yen calls keep going up
[15:12] {Threei} yup, new low
[15:15] {Threei} AAPL .50 short
[15:16] {dino} cavm stopped
[15:16] {bruce} stop .75 or wso if aapl triggers?
[15:16] {Threei} so far over .70
[15:16] {Threei} over .75 invalidated
[15:18] {dino} esrx lod
[15:18] {dino} below jan lows
[15:18] {dino} esrx
[15:20] {Threei} no worky AAPL
[15:21] {Threei} RIMM was much better short, pciked wrong one for this move
[15:24] {Threei} for someone who was not going to be especially active today I think I overtraded...
[15:24] {Threei} 13 long trades, 9 wins 4 stops,
[15:24] {Threei} 12 short trades, 10 wins 2 stops
[15:25] {magoo} awqesome, and i lost today
[15:26] {dino} you're in the zone vad, great job
[15:27] {Threei} one thing I kept in line with plan was scalping
[15:27] {magoo} i having trouble keep[ing up with u
[15:27] {Threei} probably that's why so many trades, but percentage of wins is good
[15:27] {magoo} like that aapl, .07 obver your entry
[15:27] {Threei} didn't really oversit any of them
[15:27] {magoo} then, miss a scalp out
[15:27] {Threei} well, almost
[15:28] {Threei} yeah, not an evironment to chase mags
[15:28] {Threei} moves are so quickkly reversed, you don't have much room
[15:31] {Threei} today's selling is a good sober up... reminder that it's still a bear market
[15:34] {ThurstonHowellTheThird} testing
[15:34] {Threei} and?
[15:34] {ThurstonHowellTheThird} failed
[15:34] {Threei} lol
[15:34] {ThurstonHowellTheThird} my beep sound
[15:34] {Threei} click on some other window on your screen,
[15:34] {ThurstonHowellTheThird} isn't working
[15:34] {Threei} make this one inactive
[15:34] {Threei} that will be the test
[15:34] {Threei} it shouldn't beep if it's active
[15:35] {ThurstonHowellTheThird} oh ok , I see
[15:35] {Threei} let's test it now
[15:35] {Threei} click somewhere else
[15:35] {Threei} test
[15:35] {Threei} test
[15:35] {ThurstonHowellTheThird} it works , thanks
[15:35] {Threei} :)
[15:37] {Threei} -277 dow
[15:37] {Threei} -33 NQ
[15:37] {Threei} aand still, we haven't had any panic selling
[15:40] {magoo} and a friday
[15:41] {magoo} 300 down
[15:42] {Threei} cosmo
[15:42] {Threei} AOL is pulling plug oln Netscape tomorrow
[15:43] {dino} all things condidered, fwlt held well today for the beating it took the other day
[15:48] {dino} sirf stopped -.06
[15:49] {patience} have fun on your trip dino, good weekend to all, profitable day in spite of sloppy trading
[15:49] {lumdus} l rimm 108.84
[15:49] {lumdus} stop 103.79
[15:50] {lumdus} oin
[15:50] {lumdus} oin -.05
[15:50] {magoo} 329 dn
[15:50] {lumdus} 350 dn
[15:50] {lumdus} nice weekend al.
[15:51] {lumdus} tx vad for a great day
[15:51] {Threei} take care lum, have a good one
[15:51] {dino} seems i was wrong about -320
[15:51] {magoo} no panic either
[15:52] {bruce} have good holiday dino
[15:52] {dino} thanks patience
[15:52] {dino} ty bruce
[15:53] {dino} good luck next week to all
[15:53] {Threei} have a nice relaxing trip dino
[15:53] {Threei} OK guys, thank you all
[15:53] {Threei} have a good weekend
[15:54] {Threei} see you on Monday
[15:54] {magoo} TY vad, ill be in next week
[15:54] {ThurstonHowellTheThird} bye
[15:55] {dino} will do 3i, a bit burnt out lately
[15:59] {dino} take care all, backl on the 11th
[08:38] {patience} morning magoo :)
[08:47] {Threei} Good morning
[08:47] {Threei} US TSY PAULSON SAYS OPPOSES GOV'T INTERVENTION IN HOUSING THAT WOULD BAIL OUT SPECULATORS - WIRE CITING RADIO INTERVIEW
[08:53] {esemde} good morning.....
[08:53] {Threei} ese :)
[08:54] {patience} ese :)
[08:54] {esemde} morning patience
[08:54] {esemde} hows the forex biz these days
[08:54] {patience} past few days have been excellent
[08:55] {esemde} what are you into if I may ask
[08:55] {patience} yen and canadian calls
[08:55] {Threei} I know what I am into... I am into non-interrupted crying over meteoric rise of canadian dollar
[08:55] {patience} june contracts
[08:56] {esemde} good on ya....
[08:56] {patience} ty
[08:57] {esemde} OVTI...showing up on my pre scan alot ...news?
[08:57] {cosmo} OmniVision Q3 profit tops Wall Street view; shares riseat Reuters(Thu 5:40pm)
[08:57] {Threei} 02/28/08 04:15pm [OVTI] Reports Q3 $0.55 v $0.46e, R $224.9M v $225.1Me
[08:57] {cosmo} # OmniVision Predicts 4Q Sales Below ViewsAP(Thu 5:22pm)
[08:57] {esemde} ahhhhh....
[08:57] {esemde} looks promising
[08:58] {cosmo} mixed
[08:58] {Threei} yeah
[08:58] {Threei} beat earnings, lowered guidance
[08:58] {magoo} deck reported last nite..got hit all way down to 108
[08:58] {magoo} i thought it was good report, u got anything vad?
[08:58] {esemde} ouch...
[08:59] {Threei} 02/28/08 04:00pm [DECK] Reports Q4 $2.69 v $2.41e, R $194.2M v $184Me
[08:59] {Threei} - Gudes Q1 EPS "the same or modestly higher than 2007" (implies $0.75+ v 0.92e); guides Q1 sales growth 25% y/y (implies Q1 R$90.8M v $89.6Me).
[08:59] {Threei} - Guides 2008 EPS up 20% (implies $6.07 v $5.82e).
[08:59] {Threei} - Guides 2008 sales growth 25% (implies 2008 R$561Mv $531Me).
[08:59] {Threei} - Expects earnings to grow at a slower pace in the first half.
[08:59] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:02] {esemde} dp
[09:06] {Threei} OK guys, we have two-pronged reason to stay on careful scalping only side today
[09:06] {Threei} one is obvious, this is Friday
[09:07] {Threei} another is, we had unusually easy day of trading yesterday
[09:07] {Threei} and the way things lately, market will punish any complacency we allow ourselves to get into
[09:08] {esemde} wasn't there for the whole day Vad....what do you mean by unusually easy
[09:08] {bruce} jump for joy - leap year is here
[09:08] {Threei} nice and easy to read moves on stocks that rarely are easy
[09:08] {Threei} bruce :)
[09:08] {bruce} vadster
[09:08] {esemde} hmmmmmm
[09:08] {Threei} AAPL for instance
[09:08] {esemde} bruce
[09:08] {bruce} hey ese
[09:09] {Threei} we played it several times, on both sides long and short,
[09:09] {esemde} well done gents
[09:09] {Threei} dptl was so oblivious to the "tough market" mantra that actually allowed himself to get full point profit on one of the calls,
[09:09] {Threei} made me jealous so on next one I did the same
[09:09] {Threei} and beat him by one cent
[09:09] {esemde} any reason for
[09:09] {Threei} (my darn competitive nature)
[09:10] {esemde} these easy moves....indexes predictable
[09:10] {esemde} ???
[09:10] {Threei} who knows... as a trader I don't ask why when I get easy ride, I simply kill a chicken and lay entrails to the feet of trading gods
[09:11] {dptl} lol
[09:11] {esemde} now that is an analogy....that i haven't heard before
[09:12] {Threei} requirement is to bring one's finest cheeses... but I love cheese myself so I cheat and give them what I don't eat anyway
[09:13] {Threei} so... under risk to be slapped silly by magoo, I intend (at least so far) to stay on conservative side, take only trades offering the least risk and be very picky overall
[09:13] {Threei} welcome to the room jjthetrader
[09:16] {Threei} welcome to the room ThurstonHowellTheThird
[09:16] {ThurstonHowellTheThird} good morning
[09:16] {Threei} gosh... what a nick, lol
[09:16] {dptl} lol
[09:16] {Threei} good luck typing it whoever wants to greet new guy {G}
[09:16] {magoo} morn the third:)
[09:16] {Threei} oops
[09:16] {Threei} magoo simplified it
[09:16] {Threei} took easy way out eh?
[09:17] {ThurstonHowellTheThird} sounds good to me
[09:17] {bruce} patience -sounds like you're long can dollar - you still see itrising against US?
[09:17] {patience} no idea. i'm guessing u.s. dollar is bottoming. but really have no idea
[09:17] {dino} gtm all brb
[09:18] {Threei} dino :)
[09:18] {bruce} dino
[09:18] {bruce} k thanx patience
[09:18] {Threei} fed really should stop pumping liquidity in
[09:18] {Threei} and cutting rates
[09:19] {bruce} they're reallyacting as if running scared vad
[09:20] {Threei} prolonging agony, staying in denial, posptponing inevitable and actually making the eventual outcome worse
[09:20] {bruce} putting in my bids for msft - 3 bucks - goog - 1.75
[09:20] {Threei} nice prices
[09:20] {Threei} if it gets there I will try to outbid you
[09:20] {bruce} lol
[09:21] {Threei} I won't hesitate to pay 1.76 for GOOG
[09:21] {bruce} stqarbucks - 22 c
[09:21] {Threei} that one you can have, I hate their coffee
[09:21] {bruce} don't tell that to seattle natives
[09:22] {Threei} as long as I am separated by the body of water from them...
[09:23] {bruce} its a nice swim
[09:23] {bruce} aapl looks like it may have made a botom near 120
[09:23] {bruce} anybody swing trading it?
[09:24] {Threei} AAPL? swing trading?
[09:24] {Threei} I am shuddering
[09:25] {Threei} once again guys, don't push, let's be picky and careful
[09:25] {Threei} wait patiently for low risk setups
[09:26] {cosmo} i only buy fresh tulips...
[09:29] {bruce} lol cosmo
[09:29] {bruce} the moneys in tulip futures
[09:29] {Threei} tulip futures = bulbs
[09:29] {_leo1} HI
[09:30] {Threei} leo :)
[09:30] {esemde} SAPE...
[09:30] {lumdus} gm to the whole crew.
[09:30] {Threei} lum :)
[09:31] {Threei} OVTI
[09:31] {Threei} half lot short .20
[09:31] {Threei} stop over .40
[09:33] {Roman}
21 OVTI triggered?
[09:33] {Threei} no
[09:34] {Threei} hopefully forms lower high for tighter stop placement
[09:36] {tomg} gm all
[09:36] {Threei} tom :)
[09:36] {tomg} welcome to the room Thurston
[09:36] {tomg} and jjthetrader
[09:36] {Threei} stop is still .41 for OVTI
[09:36] {ThurstonHowellTheThird} thaks
[09:37] {Threei} topped out at resistance on bounce
[09:37] {Threei} and I had no guts to short it there
[09:37] {jjthetrader} thanks
[09:37] {Threei} dropped about 10-15 cents quickly after triggering
[09:38] {Threei} let's see if it want to show respect and die
[09:38] {Threei} reminder, half lot guys, it's a bit more jumpy than I like for a friday
[09:38] {bruce} in ovti .25
[09:39] {esemde} SAPE...long 7.37 or short 7.16??
[09:40] {Threei} what's with MNTAS? I don't see news
[09:40] {Threei} this is "whatever triggers fiirst" case ese
[09:40] {esemde} 1/4 loss not as big as expected
[09:40] {Threei} MNTA?
[09:41] {Threei} OVTI stopped
[09:41] {cosmo} OVTI pre mkt high = 15.65 fwiw
[09:42] {cosmo} testing
[09:42] {Threei} starts looking like one of those that gap up, cxonsolidate and continue running
[09:42] {Threei} ese, if you took SAPE on break, stop is .19 IMO
[09:43] {esemde} long SAPE .42
[09:43] {bruce} nvda short vad?
[09:44] {Threei} overall yes but I hate shorting this one on breaksdowns
[09:44] {bruce} k
[09:44] {Threei} better try to catch a bounce
[09:45] {Threei} FEB CHICAGO PURCHASING MANAGER'S INDEX: 44.5 V 49.5E
- sub-indices:
[09:45] {Threei} - Prices Paid: 79.4 v 81.7 last
[09:45] {Threei} - New Orders: 48.8 v 44.7 last
[09:45] {Threei} - Employment: 33.5 v 47.0 last
[09:45] {Threei} - Inventories: 46.0 v 51.1 last
[09:45] {Threei} - Supplier Deliveries: 39.6 v 61.7 last
[09:45] {Threei} - Production: 46.5 v 51.3 last
[09:45] {Threei} - Order Backlogs: 38.3 v 48.0 last
[09:45] {bruce} k
[09:45] {lumdus} wow , we going down nicely
[09:46] {Threei} tell it to AKAM
[09:46] {Threei} HEARING TAKEOVER CHATTER CIRCULATING- AT&T rumored as potential acquirer
[09:47] {lumdus} will go long adsk above 32
[09:47] {lumdus} l adsk 32.00 stop 31.94
[09:48] {lumdus} oin - .06
[09:49] {Threei} OVTI .75 long, half lot, stop .59
[09:50] {Threei} last attempt on it, if not cooperating, abndoning it
[09:51] {lumdus} vad, have you noticed alot of low priced stocks going up lately ?
[09:51] {dino} solars getting bids
[09:52] {Threei} yeah lum, even IVAN is hitting highs, lol
[09:52] {Threei} move your lazy butt OVTI
[09:53] {Threei} 1:1 and over
[09:53] {lumdus} vad, that is waht i am saying .. that is why my shift to some of these play aka ctum etc.
[09:53] {dino} grmn l .10 stop lod
[09:53] {lumdus} ovti stop .75 or sell all
[09:53] {lumdus} ?
[09:53] {Threei} at your discretion
[09:54] {lumdus} 15.77 firm stop
[09:54] {Threei} as I stated before opening, this is scalping day for me
[09:54] {lumdus} oh ok .. will sell if goes below .85
[09:55] {magoo} deck short vad?
[09:55] {Threei} FEB FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 70.8 V 70.0E
[09:55] {Threei} DECK is way beyond my risk tolerance magoo
[09:56] {Threei} 2 dollars move in a single breath
[09:56] {lumdus} hmm ovti if you break 16 i hold you alot more
[09:56] {Threei} for you patient types, OVTI is at 1.5:1
[09:57] {lumdus} out ovti .98
[09:57] {lumdus} tx vad
[09:57] {Threei} welcome
[09:58] {Threei} it still owes me a bit, first stop was bigger than this win
[09:58] {Threei} but I foprgive it... will see what else is out there
[09:58] {lumdus} i missed it the first time,
[09:58] {Threei} lol, good for you
[09:59] {Threei} actually 16 break is another long trigger on it but risk is higher here
[09:59] {Threei} valid with .84 stop
[09:59] {magoo} thats my .99 right now
[09:59] {lumdus} not in a trading mood yet, still need to wake up here.
[10:00] {Threei} invalidated if loses .85
[10:00] {bruce} coffee lum - starbucks
[10:01] {Threei} done with OVTI, off my screen
[10:01] {cosmo} gee...picky
[10:01] {Threei} and capricious
[10:01] {cosmo} hmm
[10:02] {bruce} cmed dino
[10:03] {Threei} can't believe VLNC
[10:03] {lumdus} l gld 95.93 stop 95.92
[10:03] {Threei} remember where it was called as swing trade?
[10:03] {Threei} friking 2.35
[10:06] {dino} tighten grmn to .98 not moving
[10:06] {cosmo} GXDX: Genoptix prices a 2.08 mln share common stock offering at $25.50/shareBriefing.com(Fri 7:31am)
[10:07] {cosmo} ... and miky likes it....
[10:07] {Threei} AAPL long for a quick scalp
[10:07] {Threei} stop under .20
[10:08] {Threei} don't chase it over .40
[10:08] {lumdus} in .23 stop .15
[10:09] {Threei} perfect entry, very tight stop, now it's up to market to decide its fate
[10:10] {lumdus} out already
[10:10] {lumdus} got .33
[10:10] {Threei} yup, quick scalp is original intend
[10:10] {lumdus} +.10 is fine with me, that's the intent today . no long haul stuff
[10:10] {Threei} market getting nervous, don't oversit
[10:11] {Threei} short starts looking like path of least resistance
[10:12] {dino} grmn stopped -.12
[10:13] {Threei} AAPl short closer to 128
[10:13] {Threei} fast fingers only
[10:14] {Threei} don't shoet on price alone, watch for it to stall
[10:14] {lumdus} that excludes me then
[10:14] {Threei} if styas under .75 from here, , can try and short .50 breakdown
[10:15] {lumdus} in sds 63.49
[10:15] {lumdus} stop 63.29
[10:15] {magoo} pretty hard sell here mkt
[10:16] {Threei} on no news
[10:16] {Threei} kind of "reality sets in"
[10:16] {Threei} it's still bear market after all
[10:22] {lumdus} sds stopped me. bear market it is.
[10:27] {Threei} RIMM short .15 if stays under .30; otherwise, look to short on bounce closer to .50
[10:29] {lumdus} short .54 stop .65
[10:29] {lumdus} rimm
[10:30] {lumdus} here or i am out
[10:30] {Threei} market's dropping hard, AAPL too
[10:30] {lumdus} stop .34 protect .20 profit at least
[10:31] {Threei} RIMM catches up
[10:31] {lumdus} yeah, but my scalp is alredy payed for. not looking to lose it.
[10:31] {lumdus} out .36
[10:31] {lumdus} +.18 tx vad
[10:31] {bruce} adsk short vad?
[10:31] {Threei} .40 trigger bruce
[10:32] {bruce} k
[10:32] {Threei} .55 stop
[10:32] {Threei} .61 is valid too, depending on your position size
[10:32] {lumdus} s adsk 31.38 sto p31.62
[10:33] {tomg} vad, i've still got 100 ovti
[10:33] {tomg} ?
[10:33] {Threei} from what price tom?
[10:33] {tomg} 15.80
[10:34] {Threei} either put stop at .75 and let it trade
[10:34] {Threei} or just take it off the table and move to better things
[10:35] {tomg} ok, ty
[10:35] {Threei} it's not really readable between .75 and 16
[10:35] {Threei} just noise
[10:35] {Threei} if breaks any of those, becomes more understandable
[10:35] {lumdus} adks ned to go now
[10:37] {lumdus} adsk above .40 and i out, not falling hard enough yet.. we need to hit with that trout stuff
[10:38] {Threei} that's way too tight lum
[10:38] {Threei} too easy to get shaken out of a nice trade
[10:38] {Threei} .51, OK
[10:39] {dino} cmed sm l .99
[10:39] {lumdus} i want to protect my profits from today. you gave me aaapl and rimm don't want to mess it up
[10:39] {Threei} market looks like ready for the next leg down
[10:40] {lumdus} hmm, i guess i am reading it wrong. to me i see a bounce a hard one now..
[10:40] {lumdus} out adsk .28 +.10
[10:40] {Threei} of course in light of recent action it means it's going to spike 20 points now
[10:41] {lumdus} l rimm 106.33 stop
[10:41] {lumdus} big stop 105.99 crap..
[10:42] {Threei} careful lum, today is clean bear so far
[10:42] {lumdus} ok, yeah, looks like bad trade here.
[10:43] {lumdus} i thought it was bouncing here.
[10:43] {Threei} it very well may
[10:43] {Threei} it just wasn't compelling trade
[10:43] {lumdus} i stop now 106.06
[10:43] {lumdus} so only .25 loss if i get stopped.
[10:43] {Threei} kind of coin toss
[10:44] {lumdus} well it did base and show some strength
[10:45] {Threei} here it goes
[10:45] {lumdus} 106.19 stop
[10:46] {lumdus} was hoping for 107, but taking way to long .. in the bear market
[10:47] {Threei} FED'S ROSENGREN: RATE CUTS MAY SIGNIFICANTLY HELP HOUSING SECTOR
[10:47] {Threei} idiot
[10:47] {lumdus} stop at b/e 106.34
[10:47] {lumdus} why he idiiot ?
[10:48] {Threei} not sure... maybe was born this way, maybe got stupid in a process of living
[10:48] {Threei} they cut rates, mortgage rate goes up
[10:48] {Threei} who is benefitting?
[10:48] {lumdus} the banks i guess
[10:49] {lumdus} ok, let's watch rimm
[10:49] {Threei} homeowner? or banks get their funding and ease liquidity crunch on the backs on honest mortgage payers?
[10:49] {Threei} and to the heck qith inflation
[10:49] {lumdus} vad, rimm.. help her
[10:49] {Threei} ah just take profit
[10:50] {lumdus} .79 stop .. i can't just sell
[10:50] {Threei} you have 50 cents, what do you want?
[10:50] {lumdus} ok out .77
[10:50] {dino} gfig
[10:50] {Threei} this market changes on a dime
[10:50] {lumdus} +.47
[10:51] {lumdus} now, back to mortage rates..
[10:51] {Threei} lol
[10:51] {lumdus} vad, in middle of a trade, i need to concentrate..
[10:51] {Threei} really?
[10:51] {Threei} I gotta try that
[10:52] {Threei} I tend to fall asleep when in trade
[10:52] {dino} l gfig sm wide .10
[10:54] {dino} gfig stopped
[10:54] {bruce} aapl looking like it wants to go long vad
[10:54] {Threei} true
[10:54] {Threei} .50 break... risky as hell
[10:55] {lumdus} enough for me this morning. see ya later.
[10:55] {Threei} take care lum
[10:55] {bruce} was thinking pullback to 127.10 in aapl w 25 c stop
[10:55] {Threei} sure... just different way of entry
[10:56] {dino} copla sm wide l .70
[10:57] {Threei} AKAM wants another round
[10:57] {Threei} ugh, broke while I typed
[10:57] {Threei} don't chase, let's try to catch pullback
[10:59] {Threei} .25 was break trigger, so want it around .20-.25
[10:59] {Threei} stop is under .10, and stock is bolatile
[10:59] {Threei} half lot will be appropriate
[11:00] {Threei} anyone managed to catch any of those prints around .25?
[11:01] {Threei} just so I know if anyone needs further comments
[11:01] {Threei} if not let's consider it missed trade
[11:01] {Threei} FED'S MISHKIN: SUSPICIOUS ESTIMATE OF CREDIT LOSS TO BE 1.3% OF GDP
[11:02] {dino} rinse on gfig
[11:05] {Threei} POT is short on bounce
[11:05] {Threei} closer to 160 I'd like
[11:06] {Threei} doesn't look like getting there
[11:09] {Threei} RIMM long .61
[11:09] {Threei} tight stop, just under .50
[11:10] {Threei} invalidated
[11:11] {Threei} will be valid again if not losing .50 anymore
[11:11] {Threei} same condition
[11:12] {Threei} watching POT
[11:13] {magoo} as short right?
[11:13] {Threei} yes
[11:14] {Threei} too volatile, can't nail entry
[11:15] {bruce} any read cmed vad - looks like long on 48 break - samll - risky
[11:15] {Threei} chart is right
[11:17] {bruce} another possibility is nvda long on .57 break - stop would be small
[11:20] {Threei} NASDAQ stalled for the last hour
[11:20] {Threei} very narrow range
[11:20] {Threei} until it resolves, any trade is more of a guess
[11:20] {bruce} k
[11:21] {dino} fwiw bruce i'm l cmed .99
[11:21] {dino} sm
[11:22] {bruce} k dino
[11:22] {bruce} I'm still watching it
[11:24] {dino} don't go off of me, slumping this week
[11:26] {bruce} k - looked like you had good day on tuesday
[11:27] {Threei} RIMM .19 short, .31 stop
[11:28] {dino} that was it
[11:28] {bruce} k
[11:29] {bruce} in rimm s .20
[11:29] {Threei} 1:1 RIMM
[11:29] {bruce} nice tight stop vad
[11:29] {tomg} have a nice weekend everyone, see ya monday
[11:29] {Threei} take care tom
[11:29] {Threei} out RIMM
[11:29] {dino} cya tom
[11:30] {Threei} +.21
[11:30] {Threei} too soon... what else is new
[11:30] {dptl} +/17 ty
[11:30] {Threei} welcome
[11:30] {Threei} bruce will make a buck on it and laugh at us
[11:30] {bruce} out rimm + .46
[11:31] {Threei} there
[11:31] {Threei} isn't it disgusting
[11:31] {bruce} sheesh
[11:31] {Threei} lol
[11:31] {bruce} really needed that win vad
[11:31] {Threei} wtg bruce
[11:31] {Threei} so far, today is nothing like yesterday, much tougher day
[11:32] {dino} gj guys
[11:32] {bruce} k - definitley tough day for me - that was first win
[11:32] {bruce} figures - I'm away markets behave nicely
[11:32] {Threei} so you milked it for all it was capable of
[11:33] {bruce} still trying to get feel for thse kind of moves vad
[11:34] {Threei} I was very tempted to say "yeah me too"
[11:34] {Threei} then decided my wierd sense of humor will get me in troubles once again
[11:34] {dino} cmed stopped
[11:34] {magoo} OVTI went
[11:35] {bruce} wierdness pervaqdes this room vad
[11:35] * bruce slaps magoo around a bit with a large trout
[11:35] {bruce} there
[11:35] {bruce} I feel better already
[11:35] {Threei} you are still in OVTI mags??
[11:36] {Threei} tom OK, I can see him holding that long
[11:36] {magoo} no
[11:36] {Threei} but you?
[11:36] {Threei} you start slapping peole with trout if holding over 1 minute
[11:37] {bruce} thats just a release for an overall crappy day vad
[11:37] {Threei} so whiole I am at it... I stronlgy suggest new guys to duck when magoo unholsters that trout
[11:37] {bruce} time for some revenge trading
[11:37] {Threei} NVDA
[11:37] {Threei} long idea of .50 support
[11:38] {Threei} first strength from here
[11:38] {Threei} with stop as tight as they get
[11:38] {magoo} in .51
[11:38] {Threei} another way to play it is to put stop under .40
[11:39] {Threei} and let it play out, if it breaks .60 should be good for bigger move
[11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[11:40] {Threei} so with 2 cents stop in one scenario or 12 in another... valid trade of support on pullback
[11:42] {Threei} here we go
[11:42] {magoo} like to .71?
[11:42] {Threei} hard core scalpers with stop at .49 have what 1:5?
[11:43] {Threei} hmmm
[11:43] {Threei} I can't assign numpers to the target mags
[11:44] {dino} cavm l .66, stop .34
[11:47] {magoo} that can't be it
[11:49] {bruce} l nvda .53
[11:51] {bruce} nvda gooing to put us to sleep
[11:54] {Threei} you sa it as if it were a bad thing
[11:55] {bruce} heck vad - that'll make us comatose - like you
[11:55] {Threei} again...
[11:55] {Threei} you say it as if it were a bad thing :)
[11:55] {bruce} lol - got me
[11:56] {bruce} we can do it as a range lay - in .52 out .55
[11:56] {bruce} over and over
[11:56] {Threei} lol
[11:57] {bruce} out
[11:57] {bruce} I was looking for move to about .70 like you mags
[11:57] {magoo} and with mkt pulling back
[11:57] {magoo} i am out
[11:59] {Threei} I am not sure I understand
[12:00] {Threei} if your stop was couple centsa, why not take at least part on 10 cents spike
[12:00] {Threei} and if your objective was for more, why so tight stop
[12:00] {magoo} actually, i just cut flat and reloaded lower is all
[12:00] {magoo} thought mkt was losing
[12:00] {Threei} risk/reward are part of the same equation
[12:00] {Threei} can't have one without the other
[12:00] {Threei} (Frank Sinatra)
[12:02] {bruce} looks like market selloff is coming mags
[12:03] {Threei} if it happens look to short RIMM .50
[12:06] {bruce} aapl hugging lows too vad - looks likewe csan take it short w fairly small stop
[12:09] {magoo} its all gonna depend on mkt
[12:10] {magoo} spike up they all gop
[12:10] {magoo} crash, we crash
[12:14] {bruce} thoughts on rimm vad? - looks like we need a stop to .90 if breaks down here
[12:14] {Threei} a bit too wide for my taste
[12:14] {bruce} same
[12:14] {Threei} if market breaks down fast, just short RIMM sggressively
[12:15] {Threei} that's if it pauses before dropping
[12:15] {Threei} if drops just as market does oh well
[12:15] {Threei} siply write it off as a trade than never gave you a chance
[12:17] * Threei slaps Laserdave1 around a bit with a large trout
[12:17] {bruce} aapl broke - miised it - could have got .80 with stop to .04
[12:18] {dino} cavm stop to b/e
[12:18] {magoo} anyone short RIMM here?
[12:19] {ThurstonHowellTheThird} .55
[12:19] {Threei} little help by market and should work
[12:19] {magoo} i sh @ .65
[12:21] {magoo} covered .50
[12:22] {dino} cavm stop to .96
[12:23] {bruce} cool beans mags -
[12:24] {dino} cmed blood
[12:24] {Threei} market is not giving many easy ones today
[12:24] {bruce} yeah- noticed that dino
[12:26] {bruce} market not giving many easy ones this year vad
[12:26] {magoo} shouldn't rimm bounce with mkt vad?
[12:26] {dino} glad i stopped
[12:26] {bruce} only if I short it mags
[12:27] {Threei} it did but somehow not very convincingly
[12:27] {magoo} are u bruce? lol
[12:27] {Threei} here goes your NVDA
[12:27] {bruce} not yet mags
[12:28] {dino} esrx l .48, stop .18
[12:28] {Threei} 11:39] {Threei} if forces trying to keep market up are at work today again, they will do everything in their power to finish strongly today
[12:29] {Threei} looks like they are
[12:30] {dino} i can only buy so much 3i
[12:30] {Threei} come on... sell farm and kids
[12:30] {Threei} I am switching to longs
[12:30] {bruce} especially kids
[12:30] {dino} would like too (not the kids)
[12:31] {dino} just got off the bat phone w/bernie
[12:32] {Threei} AAPL 127 break long if stays above .70
[12:32] {bruce} bernies the new butler?
[12:33] {bruce} poor alfred
[12:33] {dino} lol
[12:35] {dino} out cavm .96 +.30
[12:41] {magoo} mkt doing its best to rinse
[12:41] {bruce} aapl dropped to .68 - 127 break still valid?
[12:41] {Threei} not much surprise there... it does it regularly these days, and it's Friday
[12:42] {Threei} feels so if not losing support anymore bruce
[12:42] {bruce} k
[12:42] {Threei} NQ heard us
[12:42] {Threei} AAPL is holding though
[12:43] {dino} esrx stopped
[12:44] {bruce} riim skirting lows again
[12:47] {magoo} honestly, NVDA holds pretty well...just won't go
[12:50] {Threei} feeling that we are to see rally today gets stronger
[12:50] {bruce} sorry about esrx dino - long breaks not workingvery well
[12:50] {dino} cpla stopped too
[12:51] {dino} sh!t happens bruce, no worries. just making the vacation look better
[12:52] {patience} vad, is your feeling about a rally likely to be right at 1:00 or 2:00....lol. i have Dow puts and considering sellling
[12:52] {Threei} hmm
[12:52] {Threei} good question :)
[12:53] {Threei} in my mind, we are going through shakeouts before ramping up
[12:53] {magoo} dam..OVTI vad
[12:53] {Threei} hard to tell how long those shakes will take
[12:53] {dino} shaking me
[12:53] {bruce} we finally have a higher low in rimm if .54 holds now
[12:54] {Threei} OVTI pullbacks are too deep... otherwise, yeah, attacks highs time and again
[12:55] {Threei} not rushing into longs, want to see pattern confirmation first
[12:55] {magoo} prob prin 18
[12:56] {magoo} print
[12:56] {Threei} OVTI?
[12:56] {Threei} wow, 18 seems a bit too out there
[12:57] {esemde} .have a great weekend everyone...i'm now averaged in on SAPE at 7.21 3/4 lot...we'll see what happens at the end of the day...will not carry over the weekend
[12:57] {bruce} bye ese
[12:57] {Threei} take care ese, have a good one
[12:57] {esemde} see ya vad....
[12:58] {Threei} volume all but dries up on downticks
[12:58] {Threei} then violent upward move comes
[12:58] {Threei} typical rally preparation
[12:59] {magoo} nice observation boioss
[13:00] {Threei} what did you call me?
[13:03] {Threei} see what I mean?
[13:03] {magoo} yeah..i hadn't noticed
[13:03] {magoo} now watching thatv boioss
[13:03] {Threei} lol
[13:04] {Threei} AAPL broke resistance
[13:04] {Threei} NVDA trying
[13:04] {Threei} RIMM trying
[13:04] {Threei} anyone took AAPL, take profit or partial here
[13:04] {bruce} out aapl + .41
[13:04] {Threei} wtg
[13:04] {bruce} lucky
[13:05] {Threei} see NQ? how about that
[13:05] {bruce} thanx vad
[13:05] {Threei} welcome sir
[13:07] {dino} gj
[13:07] {dino} smmx
[13:08] {magoo} exiting NVDA here .66 TY
[13:08] {Threei} sure... but how about some faith
[13:08] {Threei} kidding
[13:09] {magoo} too bad theres a law against reentering pullbk
[13:09] {Threei} yup, you are forbidden from reentering
[13:10] {bruce} was just going to ask if aapl pullback would be good try
[13:10] {Threei} GOOG
[13:10] {Threei} COMSCORE CLARIFIES CLICKTHRU REPORT; SAYS NO EVIDENCE OF SLOWDOWN IN CLICKS - CNBC
[13:10] {dino} mnta
[13:11] {Threei} hmmm
[13:11] {Threei} CHNR
[13:11] {Threei} AGREES TO ACQUIRE COPPER SMELTER LOCATED IN INNER MONGOLIA
[13:11] {Threei} what, Mongolia is the next hot spot?
[13:11] {Threei} look at CHNR
[13:11] {bruce} great - really really really been looking forward to opportuhnity to trade googl;e
[13:11] {bruce} not
[13:11] {dino} sm s smmx .25
[13:12] * Threei books ticket to Mongolia to buy some property
[13:12] {patience} sold june and march Dow (DIA) puts, nice little profit :)
[13:12] {bruce} congrats patience
[13:13] {Threei} not sure what it means but congratulations :)
[13:13] {bruce} patience is buying the beer
[13:13] {bruce} with nigeria money vad?
[13:13] {bruce} nice combo
[13:13] {Threei} and ivory coast
[13:14] {patience} come to victoria bruce and i'll take you on a pub crawl of the local brew pubs
[13:14] {bruce} out aapl +.20
[13:14] {magoo} whats the better long vad? RIMM or AAPL
[13:15] {bruce} qucik scalp off 127
[13:15] {bruce} you're on patience
[13:15] {Threei} AAPl so far mags
[13:15] {dino} gj patience
[13:16] {dino} speaking of pub crawl, magoo, i re-stock the beer fridg today
[13:17] {bruce} magoos eyes brighten
[13:17] {Threei} you restock it and leave for vacation?
[13:17] {Threei} that's very kind of you
[13:17] {magoo} nice guy
[13:18] {bruce} you leaving next weak dino?
[13:18] {bruce} week
[13:18] {bruce} lol
[13:18] {dino} well, i thought since it is friday, we would have a few.
[13:18] {bruce} k
[13:18] {dino} yes bruce playa de carmen, mexico
[13:18] {bruce} hope maggs lets you have some
[13:19] {magoo} will not be any left
[13:19] {Threei} same pattern
[13:19] {bruce} have heard its a great vacation spot dino
[13:19] {Threei} bull flag, slow down, volume disappears, then sharp spike
[13:19] {dino} me too, looking forward to it, sunday to sunday
[13:19] {Threei} ashorts will get killed today
[13:20] {dino} smmx bstop to .84
[13:21] {dino} to .73
[13:22] {dino} cov .70, +.55
[13:23] {bruce} nice one dino
[13:24] {bruce} thats too short dino - you shoud stay another week
[13:25] {dino} lol
[13:25] {dino} don't think my body can handle much more that that, for the abuse
[13:25] {Threei} lol
[13:26] {bruce} oh?
[13:26] {bruce} you into dom mistresses down there or something?
[13:26] {dino} intend to eat and drink heavily
[13:26] {bruce} I thought that was mags thing
[13:27] {dino} indeed
[13:27] {bruce} myfamily wnet to mexico this past christmas - first time away for us dino
[13:27] {bruce} was gret
[13:27] {dino} should be fun group of 16 going, i believe the daytrading room
[13:27] {dino} good to hear
[13:27] {bruce} nice to go w friends
[13:28] {bruce} wrecked my knee playi9ng soccer first day
[13:28] * magoo slaps jjthetrader around a bit with a large trout
[13:28] {dino} yes, couple rounds of golf, maybe some fishing, etc
[13:28] {bruce} and was hopping for a month after
[13:28] {bruce} still - was nice to get away\
[13:28] {Threei} magoo gets violent
[13:29] {magoo} practicing
[13:29] {bruce} eah - mags is tstill warming up
[13:29] {bruce} look out thurston and jj
[13:30] {dino} efut
[13:30] {bruce} aren't there mayan ruins near where you're going dino?
[13:32] {Threei} NVDA is holding this pullback amazingly well
[13:33] {Threei} in AAPl for a scalp
[13:33] {Threei} .69 stop
[13:33] {Threei} out
[13:33] {Threei} easy money
[13:33] {magoo} out too
[13:34] {magoo} do it ahgain
[13:34] {dino} i think 3 hours away bruce, but if closer i'll check it out
[13:34] {dino} i do know that the resort has a tequilla bar
[13:34] {bruce} grmn double bottom here dino
[13:34] {dino} of which, i shall frequent
[13:35] {dino} feels lower. mkt fall
[13:35] {patience} naturally, i sold my puts
[13:35] {dino} going for -320 on dji
[13:35] {bruce} I usually stick to beer - I'm an easy drunk - doesn't take much tequila
[13:36] {Threei} fed opened their mouth again and spooked the market
[13:36] {Threei} FED'S POOLE: FED SHOULD GIVE PRIMACY TO INFLATION OBJECTIVE, MARKET PARTICIPANTS SHOULD BEAR THE COST OF BAD BETS- Says to avoid inflation, rate cuts should be reversed promptly once markets settle down.
[13:36] {bruce} maybe you should add forex and options to the room vad
[13:36] {bruce} patience to lead calls
[13:37] {Threei} FED'S LOCKHART: CONCERNS EXISIT ABOUT CONSUMERS' CAPACITY TO SPEND - Q&A
- Credit card debt, lower prices for homes, other assets could constrain spending.
[13:37] {Threei} - There is reason to be concerned on the health of community banks because of real estate exposure.
[13:37] {patience} i'll post my trades, just thought you guys didn't like options and currency stuff
[13:37] {bruce} media just keeps piling on bad news a bout real estate
[13:38] {Threei} FED'S EVANS: RISK TAKING IS AN INGREDIENT IN ECONOMIC GROWTH, POLICY MUST KEEP FOCUSED ON MEDIUM-TERM GOALS- Says it is an important question whether Fed policy responses will lead to further excesses in the future.
[13:38] {Threei} Poole's comment is what scared the market most of all
[13:38] {magoo} aapl bounce again vad?
[13:38] {bruce} meanwhile - 2 years back - media is in frenzy talking about how people are making fortunes in US real estate
[13:38] {bruce} thanx patience
[13:38] {Threei} not sure this time mags
[13:39] {magoo} they don't like anyone making money is it
[13:39] {magoo} good nvda vbounce area?
[13:39] {bruce} duty calls - taking break - doggy walk time
[13:39] {Threei} I would wait it out
[13:39] {Threei} see, what we have right now:
[13:40] {Threei} market prepared everything for a squeeze and actually started it,
[13:40] {Threei} then these comments hinting at possible end of rate cuts and even hikes scared the bejeezus out of market,
[13:41] {Threei} now it's matter of "shrug it off and do what intened" or "OK, Plan B" for the market
[13:41] {Threei} kind of starting it all over again,
[13:41] {Threei} so I want to see confirmation again
[13:59] {magoo} down 2650
[13:59] {magoo} vad
[13:59] {Threei} ?
[14:00] {magoo} mkts 260
[14:00] {Threei} gosh
[14:00] {Threei} you scared the living daylight out of me
[14:01] {dino} 35 to g0
[14:01] {patience} look at that bastard dow....my paycheque could have been bigger today...the dog
[14:02] {dino} greed is good, huh patience? :)
[14:02] {patience} i'm just p.o.ed
[14:03] {dino} i know, just busting
[14:03] {Threei} one more leg down before bounce
[14:08] {magoo} nvda bounce? aapl/
[14:09] {Threei} AAPL is my choice
[14:09] {Threei} NQ turn up from here is entry signal;
[14:10] {magoo} where u think?
[14:10] {Threei} NQ greening
[14:10] {magoo} huh?
[14:11] {Threei} wave of green on the tape at the moment
[14:11] {Threei} AAPL was around .07 - .13
[14:12] {Threei} same situation
[14:12] {Threei} selling pressure still
[14:13] {Threei} not as clear right now, on a sideline
[14:13] {dino} akam spike
[14:16] {lumdus} go away a few hours and dow down 281 .
[14:16] {Threei} ahhh... it's lum's fault
[14:16] {lumdus} not great, but good prediction by vad this am
[14:17] {lumdus} well, you know i put alot of money in that other stock. not taking that out for a while.
[14:17] {Threei} am maybe but then I said rally lum {G}
[14:17] {lumdus} oh, when did you say rally ?
[14:17] {Threei} waited for you to leave
[14:17] {Threei} and rally actually even started... tyhen another talking head opened its big useless mouth
[14:17] {lumdus} ok, fine. i am out hunting now for some stock
[14:18] {lumdus} you seem to love the fed these days.
[14:18] {Threei} oh, I always loved them
[14:18] {Threei} the day fed is abolished will be the day US recovery starts
[14:19] {Threei} or maybe healing is the better word
[14:19] {lumdus} yeah, but your love is getting more and more every day for them.
[14:21] {bruce} watching cmed here dino -
[14:23] {dino} let me know
[14:23] {dino} cavm i'm watching too
[14:24] {bruce} will do - want to see it showing more strength
[14:29] {lumdus} in dna 76.18
[14:31] {Threei} AAPL 126 break long if stays above 125.80
[14:34] {bruce} mised cmed dino - sorry - my fault - wanted to see it pullback but it just kept rallying
[14:35] {lumdus} stop on dna 75.98
[14:35] {ThurstonHowellTheThird} Is there any way way to make this chatroom beep only when there is a post?
[14:36] {lumdus} and we all fall down . ..
[14:37] {Threei} try File-Options-Sounds-Beep on Channel message
[14:37] {ThurstonHowellTheThird} ok thanks
[14:38] {lumdus} 1:1 on DNA
[14:39] {bruce} Ilike cavm long here dino
[14:39] {lumdus} stop on dna 76.07 for now
[14:40] {dino} cavm l .04 stop .83
[14:42] {Threei} out AAPL here
[14:42] {Threei} looking to reenter on pullback
[14:44] {lumdus} stop on dna 76.17
[14:45] {lumdus} stop on dna 76.19 maybe it run to 78.00 if market behave
[14:47] {Threei} {AAPL} what pullback?
[14:47] {bruce} nice move on aapl vad -
[14:49] {Threei} RIMM long off pulback, stop under 105
[14:50] {Threei} hard to nail exact entry
[14:50] {bruce} any read on dtsi break vad?
[14:51] {Threei} ugh no
[14:51] {Threei} not the kind I would like to trade in this market
[14:51] {bruce} k
[14:51] {dino} darn, partial fill anly l .00
[14:53] {bruce} cmed consolidation here dino - high risk on break of46
[14:54] {lumdus} dna stop now 76.25
[14:55] {dino} gild sm l .60, stop .35
[14:56] {Threei} FED'S POOLE: FED SHOULD BE SLOW TO INTERVENE IN GENERAL, SHOULD LET MARKETS PLAY THEMSELVES OUT
[14:56] {dino} alny stop to .98
[14:58] {Threei} taking bets on markety direction for the last hour
[14:58] {dino} out alny .50, +1.50
[15:00] {Threei} dp, look dcc please
[15:00] {Threei} AAPL is back colser to support 126
[15:02] {bruce} I'm guessing market may go up down or sideways vad
[15:03] {Threei} hmmm
[15:04] {Threei} in
[15:04] {Threei} .87
[15:04] {Threei} .79 stop
[15:04] {magoo} in .95
[15:05] {Threei} chasing a bit
[15:08] {magoo} out 07
[15:10] {Threei} to short RIMM or not to short RIMM...
[15:11] {Threei} can't mske up my mind
[15:11] {dino} back to my coin flip market
[15:11] {bruce} airm spikes dino
[15:12] {patience} i say market goes down vad, my yen calls keep going up
[15:12] {Threei} yup, new low
[15:15] {Threei} AAPL .50 short
[15:16] {dino} cavm stopped
[15:16] {bruce} stop .75 or wso if aapl triggers?
[15:16] {Threei} so far over .70
[15:16] {Threei} over .75 invalidated
[15:18] {dino} esrx lod
[15:18] {dino} below jan lows
[15:18] {dino} esrx
[15:20] {Threei} no worky AAPL
[15:21] {Threei} RIMM was much better short, pciked wrong one for this move
[15:24] {Threei} for someone who was not going to be especially active today I think I overtraded...
[15:24] {Threei} 13 long trades, 9 wins 4 stops,
[15:24] {Threei} 12 short trades, 10 wins 2 stops
[15:25] {magoo} awqesome, and i lost today
[15:26] {dino} you're in the zone vad, great job
[15:27] {Threei} one thing I kept in line with plan was scalping
[15:27] {magoo} i having trouble keep[ing up with u
[15:27] {Threei} probably that's why so many trades, but percentage of wins is good
[15:27] {magoo} like that aapl, .07 obver your entry
[15:27] {Threei} didn't really oversit any of them
[15:27] {magoo} then, miss a scalp out
[15:27] {Threei} well, almost
[15:28] {Threei} yeah, not an evironment to chase mags
[15:28] {Threei} moves are so quickkly reversed, you don't have much room
[15:31] {Threei} today's selling is a good sober up... reminder that it's still a bear market
[15:34] {ThurstonHowellTheThird} testing
[15:34] {Threei} and?
[15:34] {ThurstonHowellTheThird} failed
[15:34] {Threei} lol
[15:34] {ThurstonHowellTheThird} my beep sound
[15:34] {Threei} click on some other window on your screen,
[15:34] {ThurstonHowellTheThird} isn't working
[15:34] {Threei} make this one inactive
[15:34] {Threei} that will be the test
[15:34] {Threei} it shouldn't beep if it's active
[15:35] {ThurstonHowellTheThird} oh ok , I see
[15:35] {Threei} let's test it now
[15:35] {Threei} click somewhere else
[15:35] {Threei} test
[15:35] {Threei} test
[15:35] {ThurstonHowellTheThird} it works , thanks
[15:35] {Threei} :)
[15:37] {Threei} -277 dow
[15:37] {Threei} -33 NQ
[15:37] {Threei} aand still, we haven't had any panic selling
[15:40] {magoo} and a friday
[15:41] {magoo} 300 down
[15:42] {Threei} cosmo
[15:42] {Threei} AOL is pulling plug oln Netscape tomorrow
[15:43] {dino} all things condidered, fwlt held well today for the beating it took the other day
[15:48] {dino} sirf stopped -.06
[15:49] {patience} have fun on your trip dino, good weekend to all, profitable day in spite of sloppy trading
[15:49] {lumdus} l rimm 108.84
[15:49] {lumdus} stop 103.79
[15:50] {lumdus} oin
[15:50] {lumdus} oin -.05
[15:50] {magoo} 329 dn
[15:50] {lumdus} 350 dn
[15:50] {lumdus} nice weekend al.
[15:51] {lumdus} tx vad for a great day
[15:51] {Threei} take care lum, have a good one
[15:51] {dino} seems i was wrong about -320
[15:51] {magoo} no panic either
[15:52] {bruce} have good holiday dino
[15:52] {dino} thanks patience
[15:52] {dino} ty bruce
[15:53] {dino} good luck next week to all
[15:53] {Threei} have a nice relaxing trip dino
[15:53] {Threei} OK guys, thank you all
[15:53] {Threei} have a good weekend
[15:54] {Threei} see you on Monday
[15:54] {magoo} TY vad, ill be in next week
[15:54] {ThurstonHowellTheThird} bye
[15:55] {dino} will do 3i, a bit burnt out lately
[15:59] {dino} take care all, backl on the 11th
Thursday, February 28, 2008
Feb 28 2008
Session Time: Thu Feb 28 00:00:00 2008
[08:24] {Threei} SEED got killed on earnings after hours
[08:27] {hawkfan4} crushed
[08:29] {Threei} GDP numbers in a few
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 373K V 350KE; CONTINUING CLAIMS: 2.807M V 2.785ME
- Prior jobless claims revised from 349K to 354K
[08:30] {Threei} - Prior continuing claims revised from 2.784M to 2.786M
[08:31] {Threei} Q4 PRELIMINARY GDP ANNUALIZED: 0.6% V 0.8%E; PERSONAL CONSUMPTION: 1.9% V 2.0%E
[08:31] {Threei} *Q4 PRELIMINARY GDP PRICE INDEX: 2.7% V 2.6%E; CORE PCE Q/Q: 2.7% V 2.7%E
[08:32] {Threei} XMSR REPORTS Q4 -$0.53 V -$0.63E; R $308M V $303.1ME
[08:45] {magoo} morning
[08:47] {Threei} magoo :)
[08:57] {Threei} RZ
[08:57] {Threei} SIGN AGREEMENT LEADING TO MANUFACTURE OF 100+ MPG PLUG-IN HYBRID VEHICLES WITH TECSTAR
- Companies are outlining their intent to work together to manufacture plug-in hybrid electric vehicles (PHEV) for utility, government, and other fleets.
[08:57] {Threei} - Co plans to have Tecstar convert popular SUV and light truck vehicles to 100 mpg plug-in series hybrid vehicles with 40 mile all electric range
[08:58] {Threei} AAPL looks happy so far
[09:01] {cosmo} LVLT: # Level 3 and IBM Announce Patent Cross-LicensePR Newswire(Thu 8:00am)
[09:01] {cosmo} 2.45 high so far
[09:02] {magoo} we been up 4 straight sessions now vad, sooner or later a normal pullbk at least imho
[09:05] {Threei} yes... but it's so obvious that I have hard time accepting it :)
[09:06] {dptl} good morning all
[09:08] {magoo} right, but i do not mean today, just aware of it
[09:08] {Threei} dp :)
[09:08] {magoo} most pain to most would be continued strength here
[09:09] {magoo} then when shorts capit and everybody just can not take being out and goes in long........POW BEAR TRAP
[09:09] {Threei} eqzaktly
[09:10] {Threei} bear rallies can be extremely powerful, and that's what we see
[09:10] {esemde} good morning.....
[09:10] {Threei} ese :)
[09:13] {dino} gm all
[09:13] {Threei} dino :)
[09:13] {esemde} dino
[09:14] {dino} :)
[09:15] {esemde} just reading your post mags about being up 4 sessions....seems like indexes are at the top of a consolidation ....possible breakout pattern
[09:18] {dino} pull up a chart take a look at ndx nov - feb
[09:19] {esemde} i'm there dino
[09:19] {Threei} clean bear
[09:19] {esemde} yup...
[09:19] {dino} top of recent range 1824
[09:19] {dino} 2/13
[09:20] {dino} 1/25 and 2/1 1864
[09:20] {esemde} yup...
[09:24] {esemde} hmmmm I still we have a bounce of some kind coming....maybe to1900 to 1950 level on the NDX
[09:25] {esemde} short covering bounce maybe?
[09:26] {Threei} quite possible ese... squeeze is a good way for bear market to make sure it proceeds lower with as few on board as possible
[09:27] {Threei} problem with reading it is, market is very subjected to all kinds of news/rumors, easily moved by them
[09:28] {Threei} slightest hint of those, and mood changes on a dime
[09:28] {Threei} that's how those insane spikes are created, like one on Friday
[09:28] {esemde} indeed
[09:29] {_leo1} hi
[09:30] {esemde} leo
[09:30] {Threei} leo :)
[09:31] {Threei} watching AAPL for bounce
[09:31] {magoo} me too
[09:31] {magoo} mkts down vad 91 though
[09:32] {Threei} from under 126
[09:32] {magoo} would have been great short..i was considering
[09:32] {magoo} 1215.50 more like
[09:33] {magoo} 125.50
[09:34] {Threei} scalped quickly on 126 cross back... you would have to be much quicker on the trigger than ii you waited for exact call
[09:37] {magoo} its gonna be a good short scalp
[09:39] {Threei} RIMM .20 break long
[09:39] {Threei} stop under 111
[09:39] {Threei} 1:2
[09:39] {Threei} out
[09:39] {Threei} 1:3, crying
[09:39] {Threei} 1:2 again, not crying anymore
[09:40] {magoo} i crying missed both calls
[09:40] {Threei} things happen very quickly this morning
[09:40] {Threei} crying again as RIMM hits 1:4
[09:42] {Threei} full buck
[09:43] {Threei} keeping an eye on COIN
[09:43] {Threei} despite SEED debacle shows strength still
[09:44] {Threei} AAPL 127.50 nearest support
[09:45] {Threei} won't hold probably
[09:47] {Threei} if holding above .30, .61 long
[09:47] {Threei} sheesh
[09:47] {Threei} don't chase
[09:48] {magoo} maybe rimm bounce vad? a little slower
[09:48] {Threei} whole trade would have taken like 5 seconds
[09:48] {Threei} and I missed it while typed, lol
[09:49] {Threei} 128 break long AAPl again if stays above .75
[09:49] {Threei} this one is less readable but still worth a try
[09:50] {magoo} in
[09:50] {magoo} ,095
[09:50] {magoo} .95
[09:50] {Threei} RIMM is coming into bounce level too
[09:52] {Threei} oversat AAPL probably, wanted .30
[09:52] {Threei} second chance
[09:52] {Threei} out
[09:52] {magoo} out .27
[09:52] {magoo} TY
[09:52] {dino} l gtls .95, stop .67
[09:53] {magoo} l RIMM here
[09:53] {magoo} .40
[09:54] {Threei} careful
[09:55] {magoo} stopped
[09:55] {dino} stopped glts .69, -.26
[09:55] {Threei} OK, this pullback should be deeper
[09:56] {Threei} AAPL looks to lose support this time
[09:56] {Threei} and RIMM is short on 111 breakdown
[09:57] {Threei} stop above .20
[09:57] {Threei} 1:1
[09:59] {dino} vtiv l .36, stop .99
[10:01] {Threei} AAPL .17 long
[10:01] {Threei} if stays above 128
[10:02] {dino} cvco l .82
[10:02] {Chaeron} hi all
[10:02] {Threei} chaeron :)
[10:04] {Threei} AAPL invalidated
[10:09] {Threei} short AAPL with tight stop above .70
[10:10] {Threei} 1:1
[10:11] {Threei} YHOO long with .39 stop
[10:11] {Threei} .61 or pullback closer to .40
[10:13] {dino} vtiv stopped
[10:14] {Threei} if YHOO crosses .60 from here, stop .49
[10:19] {Threei} not good YHOO
[10:19] {Threei} too deep oullback
[10:19] {Threei} out
[10:20] {dptl} stopped yhoo
[10:20] {dino} out cvco ave .18, +.30
[10:28] {magoo} aapl feels over 129 vad, any thoughts?
[10:28] {Threei} yes
[10:28] {Chaeron} uh yes to thoughts?
[10:28] {Threei} if holding 128 on this pullback, very much so
[10:29] {Threei} in
[10:29] {Threei} stop is tight enough
[10:29] {magoo} me too
[10:30] {magoo} took RIMM with it .44
[10:30] {Chaeron} in AAPL too
[10:30] {Chaeron} got in late tho .22
[10:32] {magoo} out RIMM 111
[10:35] {Threei} HGRD AND GOOGLE IN PACT FOR HEALTH-CARE PROVIDERS CONTENT
-HealthGrades will make independent information on doctors and hospitals, based on quality and cost, accessible via Google Health - a new product that is currently being tested in a pilot with the Cleveland
[10:35] {Threei} - MDRX also announces patient safety pact with Google
[10:38] {Threei} feels like another hard spike is coming
[10:38] {Threei} .50 will be my next long AAPL
[10:38] {magoo} lol
[10:38] {magoo} just took .28
[10:39] {Chaeron} pffffft
[10:39] {Chaeron} blew thru that one
[10:40] {dino} fslr sm l .85 wide
[10:40] {Threei} out
[10:40] {Chaeron} out AAPL
[10:40] {Threei} missed RIMM
[10:40] {magoo} out here .94
[10:40] {Chaeron} .84... mucho thanks vad
[10:40] {Threei} gosh, this is market for quick fingers
[10:41] {Threei} welcome sir
[10:41] {esemde} early start today...have a great rest of the day all...
[10:41] {magoo} itit fast
[10:41] {Threei} take care ese :)
[10:41] {Chaeron} bye ese!
[10:41] {magoo} TY VAD
[10:41] {Threei} but chaeron... one thing needs to be done about your chasing:
[10:41] * Threei slaps Chaeron around a bit with a large trout
[10:41] {Chaeron} yeah... damn me
[10:45] {Threei} FED'S BERNANKE: CREDIT DISRUPTIONS ARE 'NOT NEAR' AN END
[10:45] {magoo} how about slappin magoo for going way WAY to early??
[10:45] {dino} bernie trying to start another panic
[10:46] {Threei} HOUSING A 'CONTINUING PROBLEM' - Q&A- Inflation a bigger problem than in 2001
[10:47] {magoo} short AAPL with mkt vad?
[10:50] {Threei} hmmm
[10:50] {Threei} doesn't feel like that for now
[10:53] {magoo} rimm bounce?
[10:53] {Chaeron} shooot... dang nice read on AAPL Vad... magoo owes you one
[10:53] {Chaeron} or two
[10:53] {Threei} no, RIMM doesn't feel right here for a long
[10:54] {Chaeron} or three :)
[10:54] {Threei} let's make it 5 to be safe :)
[10:54] {Chaeron} done your way
[10:55] {magoo} now 130
[10:56] {Chaeron} [07:28] {magoo} aapl feels over 129 vad, any thoughts? { { { { Magoo smart cookie too
[10:56] {Threei} RIMM short .70 trigger
[10:57] {magoo} against the mkt boss?
[10:57] {Threei} it won't get there if market gains new strength
[10:58] {dino} seems an oih disconnect today 3i
[10:58] {Threei} it's getting wierder and wierder dino
[10:58] {Threei} I gave up trying to discern these connections
[10:58] {dino} glad i'm going away
[10:59] {magoo} quitter lol
[10:59] {Threei} feels like we are nearing market drop stage
[11:00] {magoo} aapl ripe to short if so
[11:00] {Threei} RIMM too
[11:00] {Threei} actually RIMM even more so
[11:01] {Roman}
21 PAAS & SSRI strong
[11:01] {Threei} not going for aggressive entries, waiting for squeezes to play out
[11:02] {Roman}
21 watching GOLD long
[11:03] {Threei} OK, this should be the end of it
[11:03] {Threei} down confidently now
[11:03] {magoo} sh rimm.89
[11:03] {Threei} me too
[11:03] {magoo} sh aapl .129.01
[11:03] {Threei} gor a bit better fill though
[11:04] {dino} fslr stopped
[11:04] {magoo} im thinking aapl sees 127.50 area
[11:04] {Threei} half out RIMM
[11:04] {dino} gtls s .11
[11:05] {Threei} out in full RIMM
[11:05] {magoo} out rimm full.50
[11:05] {magoo} TY
[11:05] {Threei} welcome sir
[11:06] {magoo} out aapl full .52
[11:06] {dino} cvco s .68
[11:06] {Threei} what a timing on market reversal (can I pat myself on the back after yesterday's dubious performance)
[11:07] {magoo} yeah..u can
[11:07] {magoo} today is wicked fast
[11:07] {Threei} as long as I don't dislocate my shoulder
[11:10] {Threei} AMZN
[11:10] {Threei} looking to short this bounce
[11:10] {magoo} [11:05] {magoo} im thinking aapl sees 127.50 area
[11:10] {Threei} .50 closest resistance
[11:11] {Threei} in
[11:11] {Threei} .55 stop
[11:11] {magoo} where? i .39
[11:12] {Threei} .40
[11:13] {dino} cvco stopped -.40, gtls bstop to b/e
[11:14] {Threei} no worky
[11:15] {dino} gtls flat
[11:15] {Threei} RIMM 110.10 short
[11:15] {Threei} stop over .30
[11:19] {Chaeron} in RIMM s .10
[11:20] {magoo} now amzn worx
[11:25] {magoo} .79 wait on rimm
[11:26] {magoo} mkt spike ruined that
[11:27] {Threei} not yet
[11:28] {magoo} just got off phone with amzn vad
[11:28] {magoo} gave your number out
[11:29] {Threei} OK, now RIMM is runied
[11:29] {Chaeron} stopped RIMM
[11:30] {Threei} sheesh
[11:30] {magoo} you talk to amzn yet..very rude too me
[11:30] {Threei} I am not picking up the phone
[11:32] {Threei} dino... VISN
[11:33] {dino} dk good report
[11:39] {Threei} US ENERGY SECRETARY BODMAN REITERATES CALL OF OPEC TO PUMP MORE OIL
[11:52] {Threei} RIMM fooled us good
[11:57] {dino} sm fslrc l .28
[12:03] {dino} stnr
[12:05] {magoo} i like RIMM long here vad, any thoughts?
[12:06] {Threei} no rythm... can't tell
[12:19] {Threei} AAPl looks like another long
[12:20] {Threei} around 129 with stop under .80
[12:23] {Threei} .25 break should launch another spike now
[12:24] {magoo} in
[12:24] {Threei} wqhere??
[12:25] {magoo} .12
[12:25] {magoo} not great
[12:25] {Threei} oh, OK
[12:25] {Threei} scared me
[12:25] {Chaeron} in .25
[12:25] {magoo} thats what i do here
[12:25] {Threei} half out
[12:25] {Threei} sheesh Chaeron...
[12:25] {Threei} that's what I was scared about magoo's post
[12:26] {Chaeron} out +.12 scalp
[12:26] {magoo} he'll be ok..going near 130
[12:26] {Chaeron} doh
[12:26] {Threei} very well could be
[12:26] {Threei} that's not the point
[12:26] {Threei} risk with .25 entry is way too high
[12:26] {Chaeron} 09:24] {Threei} .25 break should launch another spike now { { {
[12:26] {Chaeron} got it now
[12:26] {Threei} 12:19] {Threei} AAPl looks like another long
[12:26] {Threei} [12:20] {Threei} around 129 with stop under .80
[12:26] {Threei} that was the call
[12:26] {Chaeron} misread
[12:26] {Threei} that comment was running follow-up
[12:27] {Threei} trading is not about direction alone... risk control is paramount
[12:27] {Threei} and .25 entry is not a good risk management
[12:28] {magoo} agree
[12:29] {Chaeron} sorry... missed the 12:20 post and was wondering, but went for scalp... sorry.. I'll do better - promise
[12:30] {Threei} unless you like to be trouted, please do
[12:30] {Threei} out 1/4 more
[12:30] {magoo} out .64 now
[12:31] {magoo} TY boss
[12:31] {Threei} welcome
[12:31] * magoo slaps Laserdave1 around a bit with a large trout
[12:32] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:32] {Threei} I will too mags, as soon as sell balance AAPL
[12:32] {magoo} lay oit .91
[12:32] {Threei} don't teach grandpa how to steel sheep
[12:32] {Threei} steal too
[12:32] {Chaeron} roflol
[12:33] {Laserdave1} u guys should really trout Vad for not trouting me......I mean thats a bit ridiculous
[12:33] * magoo slaps Threei around a bit with a large trout
[12:33] {Threei} oh have a little patrience, will ya
[12:33] {Threei} out in full
[12:33] * Threei slaps Laserdave1 around a bit with a large trout
[12:34] {Laserdave1} thats better now i can concentrate
[12:34] {magoo} [12:26] {magoo} he'll be ok..going near 130
[12:49] {cosmo} LEAPing
[12:59] {Threei} amazing how hyperactivity of the morning dies down to total still
[12:59] {Threei} OPEC ECONOMISTS PANEL: SEES NO NEED FOR OPEC TO RAISE OUTPUT AT NEXT MEETING
[12:59] {Threei} nope, no sir
[13:01] {Threei} US TREASURY SEC PAULSON: NOT INTERESTED IN 'BAILING OUT' INVESTORS
[13:01] {Threei} no?
[13:01] {Threei} {Investors} we are not interested in further investing then
[13:05] {dino} lgcy
[13:05] {dino} thin
[13:06] {Threei} BRCM
[13:06] {Threei} HEARING VAGUE TAKEOVER CHATTER CIRCULATING
[13:06] {Threei} vague eh?
[13:13] {Threei} everyone fell asleep?
[13:13] {Threei} just want to know whether I can remove soundproofing that prevents you from hearing me snorring
[13:17] {magoo} rimm bounce time?
[13:17] {Threei} 30 cents from low...
[13:18] {Threei} not sure mags
[13:18] {Threei} maybe yes maybe no
[13:18] {magoo} rimm short?
[13:19] * Threei slaps magoo around a bit with a large trout
[13:19] {magoo} finally
[13:19] {Threei} lol
[13:19] {magoo} was gonna start on bidu next
[13:20] {Threei} now, if bottoms out here and trades at .45, maybe dsouble bottom confirmation
[13:20] {Threei} but will require serious NQ help
[13:22] {magoo} i like aapl short if naz helps\
[13:22] {Threei} on .50 breakdown?
[13:23] {Threei} with .75 as resistance?
[13:23] {magoo} yeah, but needs naz fall
[13:23] * Threei adopts Socratic method
[13:23] {magoo} if naz poweers up, then over 130
[13:24] {Threei} once again RIMM is rejected by .44
[13:24] {Threei} little help by market and .45 will be nice long trigger
[13:24] {magoo} and ill be there
[13:24] {Threei} unless fall asleep?
[13:25] {cosmo} Socratic method = hemlock?
[13:25] {Threei} lol
[13:31] {magoo} i just have an inherant prob with mkt down 125 and aapl up 6 bux
[13:31] {magoo} no significant pullbk
[13:33] {_haley} rimm?
[13:33] {_haley} valid still
[13:33] {Threei} barely
[13:33] {Threei} very questionable
[13:33] {Threei} too deep pullback for my taste
[13:34] {Threei} and market doesn't seem to be very kind to longs now
[13:34] {_haley} ok
[13:34] {Threei} of course it can always spike hard... market I mean
[13:34] {Threei} as it did so many times over last days
[13:38] {magoo} i took aapl short off .50
[13:39] {magoo} needs naz help
[13:40] {magoo} i wish mkt would drop 200 points here
[13:41] {Threei} covering
[13:42] {magoo} missed .07
[13:42] {Threei} too bad didn't find guts to short RIMM too
[14:07] {Threei} AAPL... scared to say but starts looking like another long in the making, lol
[14:08] {Threei} 130, if stays above .80
[14:08] {magoo} and where would u wait?
[14:08] {magoo} .27?
[14:08] {Threei} just play it by ear
[14:10] {Threei} HARVARD ECONOMIST FELDSTEIN: CURRENT FED FUNDS RATE IS 'NOT SUSTAINABLE'
[14:10] {Threei} Fed: no? just watch us cutting even more
[14:14] {Threei} let's do it AAPL, it's time to stun everyone with how ell your digital toasters sell
[14:18] {magoo} RIMM going
[14:19] {Threei} trrrrigerrrred
[14:19] {magoo} INNNNNNNNNNNNNNNNNNNNNNNNNNNNN
[14:19] {Threei} 1:1 in a hurry
[14:23] {Threei} 1:2
[14:23] {Threei} mine is out
[14:23] {Threei} mine is skerred
[14:24] {magoo} out .40 NICE
[14:24] {Threei} who are you calling nice?
[14:24] {Threei} this is so rude
[14:24] {Threei} noone ever called me nice and went unpunished
[14:29] {magoo} 131 vad coming
[14:36] {magoo} someone wake vad
[14:36] {Threei} why?
[14:37] {Threei} and think twice... do you really want to wake up a man with makarov under his pillow?
[14:40] {Threei} FSLR HEARING POSITIVE CHATTER CONCERNING POSSIBLE PENDING DEAL WITH PACIFIC ELECTRIC & GAS
[14:44] {Threei} so, do you see now how wrong sir Newton was about apples and gravity?
[14:45] {dptl} out aapl+1.00 TY
[14:45] {Threei} what??
[14:45] * Threei slaps dptl around a bit with a large trout
[14:45] {magoo} WWWWWWWWWWWWHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAA
[14:46] * Threei slaps dptl around a bit with a roll of $100 bills for indecent profits
[14:46] * magoo slaps dptl around a bit with a large trout
[14:46] {dptl} lol.....ah should of stay
[14:50] {magoo} wheres another aapl long trigg vad?
[14:50] {Threei} none for now
[14:50] {Threei} too vertical
[14:51] {Threei} needs to settle down and form something
[14:51] {Threei} also mags
[14:52] {Threei} why do you need to trade now? let's better focus on on our disliking dptl
[14:52] {Threei} do I have it right? Dow -75?
[14:53] {Threei} TASR RECEIVES 2 LAW ENFORCEMENT ORDERS
[15:10] {Threei} tempted to short AAPL on bounce
[15:12] {Threei} .70 resistance
[15:13] {Threei} in
[15:13] {Threei} .71 stop
[15:14] {Threei} can I be like dptl and hold for 130
[15:16] {magoo} what entry u grt?
[15:16] {Threei} .54
[15:16] {magoo} .47
[15:16] {dptl} .53
[15:17] {Threei} 1:1
[15:17] {Threei} AAPL offically changes its name to fiddle
[15:18] {Threei} honestly, never saw this stock so easy to read
[15:20] {magoo} u out?
[15:20] {Threei} half
[15:20] {Threei} .61 stop
[15:20] {magoo} half of a HL?
[15:20] {Threei} I want to be like dptl when I grow up
[15:22] {magoo} me TTTTOOOOOOOO
[15:24] {dptl} out +.67 ty
[15:24] {Threei} I put in stop at breakeven and cover at 130.53 and left for a smoke... when I am back one of them better be hit
[15:24] {Threei} welcome dp
[15:25] {Threei} great job today
[15:25] {magoo} out + .53
[15:43] {Threei} haha
[15:43] {Threei} I am all grown up now
[15:43] {Threei} +1.01
[15:43] {dptl} gj
[15:44] {Threei} inspired by you
[15:44] {dptl} :)
[15:48] {dptl} cost
[15:49] {Threei} I don't see anything fresh on it
[15:50] {dptl} well big sell...may be bounce
[15:54] {Threei} OK guys, that was a beautiful day
[15:54] {Threei} nice payout for yesterday's lull
[15:54] {Threei} thank you all, have a great evening, see you all tomorrow
[15:55] {magoo} TY vad
[15:55] {Threei} ugh, one thing I forgot
[15:56] * Threei slaps Laserdave1 around a bit with a large trout
[15:56] {Threei} now I can go
[15:58] {dptl} have a good evening all
[16:00] {magoo} thanx all
[08:24] {Threei} SEED got killed on earnings after hours
[08:27] {hawkfan4} crushed
[08:29] {Threei} GDP numbers in a few
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 373K V 350KE; CONTINUING CLAIMS: 2.807M V 2.785ME
- Prior jobless claims revised from 349K to 354K
[08:30] {Threei} - Prior continuing claims revised from 2.784M to 2.786M
[08:31] {Threei} Q4 PRELIMINARY GDP ANNUALIZED: 0.6% V 0.8%E; PERSONAL CONSUMPTION: 1.9% V 2.0%E
[08:31] {Threei} *Q4 PRELIMINARY GDP PRICE INDEX: 2.7% V 2.6%E; CORE PCE Q/Q: 2.7% V 2.7%E
[08:32] {Threei} XMSR REPORTS Q4 -$0.53 V -$0.63E; R $308M V $303.1ME
[08:45] {magoo} morning
[08:47] {Threei} magoo :)
[08:57] {Threei} RZ
[08:57] {Threei} SIGN AGREEMENT LEADING TO MANUFACTURE OF 100+ MPG PLUG-IN HYBRID VEHICLES WITH TECSTAR
- Companies are outlining their intent to work together to manufacture plug-in hybrid electric vehicles (PHEV) for utility, government, and other fleets.
[08:57] {Threei} - Co plans to have Tecstar convert popular SUV and light truck vehicles to 100 mpg plug-in series hybrid vehicles with 40 mile all electric range
[08:58] {Threei} AAPL looks happy so far
[09:01] {cosmo} LVLT: # Level 3 and IBM Announce Patent Cross-LicensePR Newswire(Thu 8:00am)
[09:01] {cosmo} 2.45 high so far
[09:02] {magoo} we been up 4 straight sessions now vad, sooner or later a normal pullbk at least imho
[09:05] {Threei} yes... but it's so obvious that I have hard time accepting it :)
[09:06] {dptl} good morning all
[09:08] {magoo} right, but i do not mean today, just aware of it
[09:08] {Threei} dp :)
[09:08] {magoo} most pain to most would be continued strength here
[09:09] {magoo} then when shorts capit and everybody just can not take being out and goes in long........POW BEAR TRAP
[09:09] {Threei} eqzaktly
[09:10] {Threei} bear rallies can be extremely powerful, and that's what we see
[09:10] {esemde} good morning.....
[09:10] {Threei} ese :)
[09:13] {dino} gm all
[09:13] {Threei} dino :)
[09:13] {esemde} dino
[09:14] {dino} :)
[09:15] {esemde} just reading your post mags about being up 4 sessions....seems like indexes are at the top of a consolidation ....possible breakout pattern
[09:18] {dino} pull up a chart take a look at ndx nov - feb
[09:19] {esemde} i'm there dino
[09:19] {Threei} clean bear
[09:19] {esemde} yup...
[09:19] {dino} top of recent range 1824
[09:19] {dino} 2/13
[09:20] {dino} 1/25 and 2/1 1864
[09:20] {esemde} yup...
[09:24] {esemde} hmmmm I still we have a bounce of some kind coming....maybe to1900 to 1950 level on the NDX
[09:25] {esemde} short covering bounce maybe?
[09:26] {Threei} quite possible ese... squeeze is a good way for bear market to make sure it proceeds lower with as few on board as possible
[09:27] {Threei} problem with reading it is, market is very subjected to all kinds of news/rumors, easily moved by them
[09:28] {Threei} slightest hint of those, and mood changes on a dime
[09:28] {Threei} that's how those insane spikes are created, like one on Friday
[09:28] {esemde} indeed
[09:29] {_leo1} hi
[09:30] {esemde} leo
[09:30] {Threei} leo :)
[09:31] {Threei} watching AAPL for bounce
[09:31] {magoo} me too
[09:31] {magoo} mkts down vad 91 though
[09:32] {Threei} from under 126
[09:32] {magoo} would have been great short..i was considering
[09:32] {magoo} 1215.50 more like
[09:33] {magoo} 125.50
[09:34] {Threei} scalped quickly on 126 cross back... you would have to be much quicker on the trigger than ii you waited for exact call
[09:37] {magoo} its gonna be a good short scalp
[09:39] {Threei} RIMM .20 break long
[09:39] {Threei} stop under 111
[09:39] {Threei} 1:2
[09:39] {Threei} out
[09:39] {Threei} 1:3, crying
[09:39] {Threei} 1:2 again, not crying anymore
[09:40] {magoo} i crying missed both calls
[09:40] {Threei} things happen very quickly this morning
[09:40] {Threei} crying again as RIMM hits 1:4
[09:42] {Threei} full buck
[09:43] {Threei} keeping an eye on COIN
[09:43] {Threei} despite SEED debacle shows strength still
[09:44] {Threei} AAPL 127.50 nearest support
[09:45] {Threei} won't hold probably
[09:47] {Threei} if holding above .30, .61 long
[09:47] {Threei} sheesh
[09:47] {Threei} don't chase
[09:48] {magoo} maybe rimm bounce vad? a little slower
[09:48] {Threei} whole trade would have taken like 5 seconds
[09:48] {Threei} and I missed it while typed, lol
[09:49] {Threei} 128 break long AAPl again if stays above .75
[09:49] {Threei} this one is less readable but still worth a try
[09:50] {magoo} in
[09:50] {magoo} ,095
[09:50] {magoo} .95
[09:50] {Threei} RIMM is coming into bounce level too
[09:52] {Threei} oversat AAPL probably, wanted .30
[09:52] {Threei} second chance
[09:52] {Threei} out
[09:52] {magoo} out .27
[09:52] {magoo} TY
[09:52] {dino} l gtls .95, stop .67
[09:53] {magoo} l RIMM here
[09:53] {magoo} .40
[09:54] {Threei} careful
[09:55] {magoo} stopped
[09:55] {dino} stopped glts .69, -.26
[09:55] {Threei} OK, this pullback should be deeper
[09:56] {Threei} AAPL looks to lose support this time
[09:56] {Threei} and RIMM is short on 111 breakdown
[09:57] {Threei} stop above .20
[09:57] {Threei} 1:1
[09:59] {dino} vtiv l .36, stop .99
[10:01] {Threei} AAPL .17 long
[10:01] {Threei} if stays above 128
[10:02] {dino} cvco l .82
[10:02] {Chaeron} hi all
[10:02] {Threei} chaeron :)
[10:04] {Threei} AAPL invalidated
[10:09] {Threei} short AAPL with tight stop above .70
[10:10] {Threei} 1:1
[10:11] {Threei} YHOO long with .39 stop
[10:11] {Threei} .61 or pullback closer to .40
[10:13] {dino} vtiv stopped
[10:14] {Threei} if YHOO crosses .60 from here, stop .49
[10:19] {Threei} not good YHOO
[10:19] {Threei} too deep oullback
[10:19] {Threei} out
[10:20] {dptl} stopped yhoo
[10:20] {dino} out cvco ave .18, +.30
[10:28] {magoo} aapl feels over 129 vad, any thoughts?
[10:28] {Threei} yes
[10:28] {Chaeron} uh yes to thoughts?
[10:28] {Threei} if holding 128 on this pullback, very much so
[10:29] {Threei} in
[10:29] {Threei} stop is tight enough
[10:29] {magoo} me too
[10:30] {magoo} took RIMM with it .44
[10:30] {Chaeron} in AAPL too
[10:30] {Chaeron} got in late tho .22
[10:32] {magoo} out RIMM 111
[10:35] {Threei} HGRD AND GOOGLE IN PACT FOR HEALTH-CARE PROVIDERS CONTENT
-HealthGrades will make independent information on doctors and hospitals, based on quality and cost, accessible via Google Health - a new product that is currently being tested in a pilot with the Cleveland
[10:35] {Threei} - MDRX also announces patient safety pact with Google
[10:38] {Threei} feels like another hard spike is coming
[10:38] {Threei} .50 will be my next long AAPL
[10:38] {magoo} lol
[10:38] {magoo} just took .28
[10:39] {Chaeron} pffffft
[10:39] {Chaeron} blew thru that one
[10:40] {dino} fslr sm l .85 wide
[10:40] {Threei} out
[10:40] {Chaeron} out AAPL
[10:40] {Threei} missed RIMM
[10:40] {magoo} out here .94
[10:40] {Chaeron} .84... mucho thanks vad
[10:40] {Threei} gosh, this is market for quick fingers
[10:41] {Threei} welcome sir
[10:41] {esemde} early start today...have a great rest of the day all...
[10:41] {magoo} itit fast
[10:41] {Threei} take care ese :)
[10:41] {Chaeron} bye ese!
[10:41] {magoo} TY VAD
[10:41] {Threei} but chaeron... one thing needs to be done about your chasing:
[10:41] * Threei slaps Chaeron around a bit with a large trout
[10:41] {Chaeron} yeah... damn me
[10:45] {Threei} FED'S BERNANKE: CREDIT DISRUPTIONS ARE 'NOT NEAR' AN END
[10:45] {magoo} how about slappin magoo for going way WAY to early??
[10:45] {dino} bernie trying to start another panic
[10:46] {Threei} HOUSING A 'CONTINUING PROBLEM' - Q&A- Inflation a bigger problem than in 2001
[10:47] {magoo} short AAPL with mkt vad?
[10:50] {Threei} hmmm
[10:50] {Threei} doesn't feel like that for now
[10:53] {magoo} rimm bounce?
[10:53] {Chaeron} shooot... dang nice read on AAPL Vad... magoo owes you one
[10:53] {Chaeron} or two
[10:53] {Threei} no, RIMM doesn't feel right here for a long
[10:54] {Chaeron} or three :)
[10:54] {Threei} let's make it 5 to be safe :)
[10:54] {Chaeron} done your way
[10:55] {magoo} now 130
[10:56] {Chaeron} [07:28] {magoo} aapl feels over 129 vad, any thoughts? { { { { Magoo smart cookie too
[10:56] {Threei} RIMM short .70 trigger
[10:57] {magoo} against the mkt boss?
[10:57] {Threei} it won't get there if market gains new strength
[10:58] {dino} seems an oih disconnect today 3i
[10:58] {Threei} it's getting wierder and wierder dino
[10:58] {Threei} I gave up trying to discern these connections
[10:58] {dino} glad i'm going away
[10:59] {magoo} quitter lol
[10:59] {Threei} feels like we are nearing market drop stage
[11:00] {magoo} aapl ripe to short if so
[11:00] {Threei} RIMM too
[11:00] {Threei} actually RIMM even more so
[11:01] {Roman}
21 PAAS & SSRI strong
[11:01] {Threei} not going for aggressive entries, waiting for squeezes to play out
[11:02] {Roman}
21 watching GOLD long
[11:03] {Threei} OK, this should be the end of it
[11:03] {Threei} down confidently now
[11:03] {magoo} sh rimm.89
[11:03] {Threei} me too
[11:03] {magoo} sh aapl .129.01
[11:03] {Threei} gor a bit better fill though
[11:04] {dino} fslr stopped
[11:04] {magoo} im thinking aapl sees 127.50 area
[11:04] {Threei} half out RIMM
[11:04] {dino} gtls s .11
[11:05] {Threei} out in full RIMM
[11:05] {magoo} out rimm full.50
[11:05] {magoo} TY
[11:05] {Threei} welcome sir
[11:06] {magoo} out aapl full .52
[11:06] {dino} cvco s .68
[11:06] {Threei} what a timing on market reversal (can I pat myself on the back after yesterday's dubious performance)
[11:07] {magoo} yeah..u can
[11:07] {magoo} today is wicked fast
[11:07] {Threei} as long as I don't dislocate my shoulder
[11:10] {Threei} AMZN
[11:10] {Threei} looking to short this bounce
[11:10] {magoo} [11:05] {magoo} im thinking aapl sees 127.50 area
[11:10] {Threei} .50 closest resistance
[11:11] {Threei} in
[11:11] {Threei} .55 stop
[11:11] {magoo} where? i .39
[11:12] {Threei} .40
[11:13] {dino} cvco stopped -.40, gtls bstop to b/e
[11:14] {Threei} no worky
[11:15] {dino} gtls flat
[11:15] {Threei} RIMM 110.10 short
[11:15] {Threei} stop over .30
[11:19] {Chaeron} in RIMM s .10
[11:20] {magoo} now amzn worx
[11:25] {magoo} .79 wait on rimm
[11:26] {magoo} mkt spike ruined that
[11:27] {Threei} not yet
[11:28] {magoo} just got off phone with amzn vad
[11:28] {magoo} gave your number out
[11:29] {Threei} OK, now RIMM is runied
[11:29] {Chaeron} stopped RIMM
[11:30] {Threei} sheesh
[11:30] {magoo} you talk to amzn yet..very rude too me
[11:30] {Threei} I am not picking up the phone
[11:32] {Threei} dino... VISN
[11:33] {dino} dk good report
[11:39] {Threei} US ENERGY SECRETARY BODMAN REITERATES CALL OF OPEC TO PUMP MORE OIL
[11:52] {Threei} RIMM fooled us good
[11:57] {dino} sm fslrc l .28
[12:03] {dino} stnr
[12:05] {magoo} i like RIMM long here vad, any thoughts?
[12:06] {Threei} no rythm... can't tell
[12:19] {Threei} AAPl looks like another long
[12:20] {Threei} around 129 with stop under .80
[12:23] {Threei} .25 break should launch another spike now
[12:24] {magoo} in
[12:24] {Threei} wqhere??
[12:25] {magoo} .12
[12:25] {magoo} not great
[12:25] {Threei} oh, OK
[12:25] {Threei} scared me
[12:25] {Chaeron} in .25
[12:25] {magoo} thats what i do here
[12:25] {Threei} half out
[12:25] {Threei} sheesh Chaeron...
[12:25] {Threei} that's what I was scared about magoo's post
[12:26] {Chaeron} out +.12 scalp
[12:26] {magoo} he'll be ok..going near 130
[12:26] {Chaeron} doh
[12:26] {Threei} very well could be
[12:26] {Threei} that's not the point
[12:26] {Threei} risk with .25 entry is way too high
[12:26] {Chaeron} 09:24] {Threei} .25 break should launch another spike now { { {
[12:26] {Chaeron} got it now
[12:26] {Threei} 12:19] {Threei} AAPl looks like another long
[12:26] {Threei} [12:20] {Threei} around 129 with stop under .80
[12:26] {Threei} that was the call
[12:26] {Chaeron} misread
[12:26] {Threei} that comment was running follow-up
[12:27] {Threei} trading is not about direction alone... risk control is paramount
[12:27] {Threei} and .25 entry is not a good risk management
[12:28] {magoo} agree
[12:29] {Chaeron} sorry... missed the 12:20 post and was wondering, but went for scalp... sorry.. I'll do better - promise
[12:30] {Threei} unless you like to be trouted, please do
[12:30] {Threei} out 1/4 more
[12:30] {magoo} out .64 now
[12:31] {magoo} TY boss
[12:31] {Threei} welcome
[12:31] * magoo slaps Laserdave1 around a bit with a large trout
[12:32] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:32] {Threei} I will too mags, as soon as sell balance AAPL
[12:32] {magoo} lay oit .91
[12:32] {Threei} don't teach grandpa how to steel sheep
[12:32] {Threei} steal too
[12:32] {Chaeron} roflol
[12:33] {Laserdave1} u guys should really trout Vad for not trouting me......I mean thats a bit ridiculous
[12:33] * magoo slaps Threei around a bit with a large trout
[12:33] {Threei} oh have a little patrience, will ya
[12:33] {Threei} out in full
[12:33] * Threei slaps Laserdave1 around a bit with a large trout
[12:34] {Laserdave1} thats better now i can concentrate
[12:34] {magoo} [12:26] {magoo} he'll be ok..going near 130
[12:49] {cosmo} LEAPing
[12:59] {Threei} amazing how hyperactivity of the morning dies down to total still
[12:59] {Threei} OPEC ECONOMISTS PANEL: SEES NO NEED FOR OPEC TO RAISE OUTPUT AT NEXT MEETING
[12:59] {Threei} nope, no sir
[13:01] {Threei} US TREASURY SEC PAULSON: NOT INTERESTED IN 'BAILING OUT' INVESTORS
[13:01] {Threei} no?
[13:01] {Threei} {Investors} we are not interested in further investing then
[13:05] {dino} lgcy
[13:05] {dino} thin
[13:06] {Threei} BRCM
[13:06] {Threei} HEARING VAGUE TAKEOVER CHATTER CIRCULATING
[13:06] {Threei} vague eh?
[13:13] {Threei} everyone fell asleep?
[13:13] {Threei} just want to know whether I can remove soundproofing that prevents you from hearing me snorring
[13:17] {magoo} rimm bounce time?
[13:17] {Threei} 30 cents from low...
[13:18] {Threei} not sure mags
[13:18] {Threei} maybe yes maybe no
[13:18] {magoo} rimm short?
[13:19] * Threei slaps magoo around a bit with a large trout
[13:19] {magoo} finally
[13:19] {Threei} lol
[13:19] {magoo} was gonna start on bidu next
[13:20] {Threei} now, if bottoms out here and trades at .45, maybe dsouble bottom confirmation
[13:20] {Threei} but will require serious NQ help
[13:22] {magoo} i like aapl short if naz helps\
[13:22] {Threei} on .50 breakdown?
[13:23] {Threei} with .75 as resistance?
[13:23] {magoo} yeah, but needs naz fall
[13:23] * Threei adopts Socratic method
[13:23] {magoo} if naz poweers up, then over 130
[13:24] {Threei} once again RIMM is rejected by .44
[13:24] {Threei} little help by market and .45 will be nice long trigger
[13:24] {magoo} and ill be there
[13:24] {Threei} unless fall asleep?
[13:25] {cosmo} Socratic method = hemlock?
[13:25] {Threei} lol
[13:31] {magoo} i just have an inherant prob with mkt down 125 and aapl up 6 bux
[13:31] {magoo} no significant pullbk
[13:33] {_haley} rimm?
[13:33] {_haley} valid still
[13:33] {Threei} barely
[13:33] {Threei} very questionable
[13:33] {Threei} too deep pullback for my taste
[13:34] {Threei} and market doesn't seem to be very kind to longs now
[13:34] {_haley} ok
[13:34] {Threei} of course it can always spike hard... market I mean
[13:34] {Threei} as it did so many times over last days
[13:38] {magoo} i took aapl short off .50
[13:39] {magoo} needs naz help
[13:40] {magoo} i wish mkt would drop 200 points here
[13:41] {Threei} covering
[13:42] {magoo} missed .07
[13:42] {Threei} too bad didn't find guts to short RIMM too
[14:07] {Threei} AAPL... scared to say but starts looking like another long in the making, lol
[14:08] {Threei} 130, if stays above .80
[14:08] {magoo} and where would u wait?
[14:08] {magoo} .27?
[14:08] {Threei} just play it by ear
[14:10] {Threei} HARVARD ECONOMIST FELDSTEIN: CURRENT FED FUNDS RATE IS 'NOT SUSTAINABLE'
[14:10] {Threei} Fed: no? just watch us cutting even more
[14:14] {Threei} let's do it AAPL, it's time to stun everyone with how ell your digital toasters sell
[14:18] {magoo} RIMM going
[14:19] {Threei} trrrrigerrrred
[14:19] {magoo} INNNNNNNNNNNNNNNNNNNNNNNNNNNNN
[14:19] {Threei} 1:1 in a hurry
[14:23] {Threei} 1:2
[14:23] {Threei} mine is out
[14:23] {Threei} mine is skerred
[14:24] {magoo} out .40 NICE
[14:24] {Threei} who are you calling nice?
[14:24] {Threei} this is so rude
[14:24] {Threei} noone ever called me nice and went unpunished
[14:29] {magoo} 131 vad coming
[14:36] {magoo} someone wake vad
[14:36] {Threei} why?
[14:37] {Threei} and think twice... do you really want to wake up a man with makarov under his pillow?
[14:40] {Threei} FSLR HEARING POSITIVE CHATTER CONCERNING POSSIBLE PENDING DEAL WITH PACIFIC ELECTRIC & GAS
[14:44] {Threei} so, do you see now how wrong sir Newton was about apples and gravity?
[14:45] {dptl} out aapl+1.00 TY
[14:45] {Threei} what??
[14:45] * Threei slaps dptl around a bit with a large trout
[14:45] {magoo} WWWWWWWWWWWWHHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAA
[14:46] * Threei slaps dptl around a bit with a roll of $100 bills for indecent profits
[14:46] * magoo slaps dptl around a bit with a large trout
[14:46] {dptl} lol.....ah should of stay
[14:50] {magoo} wheres another aapl long trigg vad?
[14:50] {Threei} none for now
[14:50] {Threei} too vertical
[14:51] {Threei} needs to settle down and form something
[14:51] {Threei} also mags
[14:52] {Threei} why do you need to trade now? let's better focus on on our disliking dptl
[14:52] {Threei} do I have it right? Dow -75?
[14:53] {Threei} TASR RECEIVES 2 LAW ENFORCEMENT ORDERS
[15:10] {Threei} tempted to short AAPL on bounce
[15:12] {Threei} .70 resistance
[15:13] {Threei} in
[15:13] {Threei} .71 stop
[15:14] {Threei} can I be like dptl and hold for 130
[15:16] {magoo} what entry u grt?
[15:16] {Threei} .54
[15:16] {magoo} .47
[15:16] {dptl} .53
[15:17] {Threei} 1:1
[15:17] {Threei} AAPL offically changes its name to fiddle
[15:18] {Threei} honestly, never saw this stock so easy to read
[15:20] {magoo} u out?
[15:20] {Threei} half
[15:20] {Threei} .61 stop
[15:20] {magoo} half of a HL?
[15:20] {Threei} I want to be like dptl when I grow up
[15:22] {magoo} me TTTTOOOOOOOO
[15:24] {dptl} out +.67 ty
[15:24] {Threei} I put in stop at breakeven and cover at 130.53 and left for a smoke... when I am back one of them better be hit
[15:24] {Threei} welcome dp
[15:25] {Threei} great job today
[15:25] {magoo} out + .53
[15:43] {Threei} haha
[15:43] {Threei} I am all grown up now
[15:43] {Threei} +1.01
[15:43] {dptl} gj
[15:44] {Threei} inspired by you
[15:44] {dptl} :)
[15:48] {dptl} cost
[15:49] {Threei} I don't see anything fresh on it
[15:50] {dptl} well big sell...may be bounce
[15:54] {Threei} OK guys, that was a beautiful day
[15:54] {Threei} nice payout for yesterday's lull
[15:54] {Threei} thank you all, have a great evening, see you all tomorrow
[15:55] {magoo} TY vad
[15:55] {Threei} ugh, one thing I forgot
[15:56] * Threei slaps Laserdave1 around a bit with a large trout
[15:56] {Threei} now I can go
[15:58] {dptl} have a good evening all
[16:00] {magoo} thanx all
Wednesday, February 27, 2008
Feb 27 2008
Session Time: Wed Feb 27 00:00:00 2008
[08:32] {Threei} *JAN DURABLE GOODS ORDERS: -5.3% V -4.0%E; EX-TRANSPORTATION: -1.6% V -1.4%E
- Prior Durables revised from 5.0% to 4.4%
[08:32] {Threei} - Prior Ex_Transportation revised from 2.3% to 2.0%
[08:57] {dino} gm all
[08:58] {Threei} dino :)
[08:59] {cosmo} ADSK warns
[08:59] {cosmo} Autodesk Donates New Data Access Technology for Microsoft SQL Server 2008 to Open Source Community
[08:59] {cosmo} PR Newswire (Wed 8:30am)
[08:59] {Threei} how very noble
[08:59] {cosmo} ....another +
[09:00] {cosmo} 34.62 pre mkt high ....fyi
[09:02] {cosmo} NFLX
[09:03] {cosmo} ... sees better times ahead...
[09:03] {cosmo} fwiw
[09:03] {cosmo} Netflix raises EPS, revenue and subscriber guidance for Q1 & FY08
[09:03] {cosmo} Briefing.com (Wed 7:42am)
[09:08] {cosmo} .... 31.14 so far...
[09:10] {dptl} good morning all
[09:10] {Threei} dp :)
[09:17] {magoo} morning
[09:18] {Threei} magoo :)
[09:19] {magoo} no replay today in room?
[09:19] {tomg} gm all
[09:19] {magoo} not a problem, just informing
[09:19] {Threei} tom :)
[09:19] {Threei} ty mags, will inquire
[09:20] {Threei} replay isn't working for everyone else?
[09:21] {tomg} works ok for me
[09:21] {Threei} hmm
[09:21] {magoo} double hmmm...hmmmmmmm
[09:21] {Threei} anyone else? I don't want to disconnect on purpose
[09:22] {Threei} (who knows if you let me back)
[09:23] {magoo} u pick another pointer like RIMM and u can come back anytime lol
[09:24] {Threei} ty... you are in a good spirit today :)
[09:27] {cosmo} JASO gonna test 14.8
[09:27] {esemde} morning
[09:27] {Threei} ese :)
[09:31] {_leo1} HI
[09:31] {Threei} leo :)
[09:31] {esemde} leo
[09:31] {magoo} leoooo:)
[09:33] {_leo1} IM LEO:)
[09:35] {Roman}
21 SSRI long setup
[09:35] {Threei} NVDA short for a scalp with .56 stop, let's keep it half lot
[09:35] {Threei} on first sign of weakness
[09:35] {Roman}
21 in SSRI 36.16
[09:35] {Threei} SSRI is silver, right?
[09:35] {Roman}
21 yes
[09:36] {Roman}
21 COIN high
[09:37] {magoo} where u in SSRI rfr?
[09:38] {Roman}
21 [09:35] {Roman} in SSRI 36.16
[09:38] {lumdus} good morning all . woke up late
[09:38] {Threei} lum :)
[09:38] {magoo} ty
[09:38] {magoo} sh NVDA
[09:38] {magoo} .42
[09:38] {Threei} die NVDA
[09:39] {Threei} market is trying to strengthen
[09:40] {Threei} unsuccessfully
[09:40] {Threei} stop to .51
[09:40] {lumdus} l gg 43.15
[09:40] {Threei} don't want to get caught in morning volatility
[09:41] {magoo} out
[09:41] {Threei} out
[09:42] {curtisweese} out
[09:43] {Threei} VLNC will never stop or what
[09:43] {lumdus} vad, and you the next vlnc .. (ctum) hopefully
[09:44] {lumdus} stop on gg b/e 43.14
[09:46] {lumdus} damm out gg -.02
[09:48] {Threei} XLNX 23.06 long if stays above 22.95
[09:50] {magoo} in
[09:54] {dino} sone s .28, stop .53
[09:56] {Threei} LLTC .78 long with .69 stop
[09:57] {magoo} in
[09:59] {Threei} enough headfakes NQ, just go up alreadyt
[09:59] {magoo} really
[09:59] {Threei} good boy... now break 1790 and rally
[09:59] {dino} tighten sone to hod
[10:00] {Threei} JAN NEW HOME SALES: 588K V 600KE
[10:02] {Chaeron} gm all
[10:03] {magoo} morn chaer:)\
[10:03] {Threei} market demonstrated ability go up on any bad news lately... and we just got more news... let's rally
[10:03] {Threei} chaeron :)
[10:03] {magoo} doesn't know what to do
[10:03] {Threei} it does... it wants to go up
[10:03] {Threei} one th doesn't know yet is:
[10:04] {Threei} has it shaken enough of shorts yet
[10:04] {Chaeron} in XLNX
[10:04] {lumdus} s amzn 70.22 stop 70.26
[10:06] {lumdus} dia amzn ,, quickly and i scalp you .
[10:06] {Threei} LLTC stopped
[10:06] {lumdus} stop 70.03 hard stop
[10:06] {dino} sone stopped .45 -.17
[10:06] {lumdus} .88 stop
[10:07] {curtisweese} lltc stopped o for 2 today
[10:07] {curtisweese} for me
[10:07] {lumdus} .75 stop on amzn
[10:07] {magoo} 0 for 3
[10:07] {lumdus} out amzn .73
[10:07] {lumdus} +.48 on amzn
[10:09] {lumdus} vad, how can i after tell this. Look, i scalped amzn and now it goes down more.
[10:09] {magoo} its rinsing us vad
[10:09] {Threei} now it going back up lum
[10:09] {magoo} not complaining..observing
[10:09] {Threei} relax, it's normal trading process
[10:09] {Threei} you take what you can read
[10:09] {magoo} yup
[10:09] {Threei} yes mags
[10:10] {lumdus} i want to short the damm thing again
[10:10] {Threei} stop is stop, it's placed there to stop losses... you can't widen it indefinitely just to avoid being shaken out
[10:11] {lumdus} watching dd for long
[10:13] {lumdus} in abb 25.48
[10:14] {esemde} I see your argument about a rally Vad...it looks to me like stocks are being squeezed down one last time or so to shake out weak hands...
[10:14] {lumdus} lon abb 25.48 stop 25.37
[10:16] {lumdus} stop on abb 25.44
[10:16] {curtisweese} lum, nice...watching that one
[10:16] {Threei} and rallying we are
[10:17] {magoo} good feel u had boss
[10:17] {lumdus} you really think staying power. i am going to wait, but amzn is on my hit list for a nice short
[10:17] {Threei} yeah... unfortunately haven't found right stock to utilize it
[10:17] {magoo} ok, its playing hardball
[10:17] {curtisweese} i'm in scalp mode...market too jumpy for me :(
[10:17] {Threei} LLTC shook us out
[10:17] {Threei} XLNX trying
[10:17] {Threei} a bit too narrow, wish it had more "spiking power"
[10:18] {magoo} do not have any familiarity with these 2
[10:18] {curtisweese} i'm gonnna short NVDA in a sec ...around 22.69 if resistance holds
[10:19] {lumdus} curits, you do better shorting amzn inho
[10:19] {curtisweese} ok...let me check :)
[10:19] {lumdus} little too late ..
[10:19] {magoo} vcad, whats XLNX potential? as in .40 area?
[10:19] {Threei} great LLTC
[10:19] {Threei} mags, totally depends on market
[10:20] {Threei} XKLNX is willing
[10:20] {Threei} and can creep much higher
[10:20] {Threei} but market support is neded
[10:20] {magoo} understood on mkt depends
[10:20] {lumdus} ok, there is the scalp for amzn short .. the easiet trade ever made
[10:20] {curtisweese} yeah missed it :(
[10:20] {lumdus} out amzn + .63
[10:21] {lumdus} curtis, i gave you 2 x heads up.
[10:21] {curtisweese} yeah....i know...no worries...if i'm not in, i cant lose any money anyway...hehehe
[10:21] {lumdus} one more trade for the morning and I am done. Getting to hyper
[10:22] {lumdus} feeling too confident is also no good. Need someone to slap me around .. with a trout of course
[10:22] * magoo slaps lumdus around a bit with a large trout
[10:22] {lumdus} tx bud
[10:22] {magoo} u can count on magoo bro
[10:22] {lumdus} stop on abb to .46 let's see
[10:23] {lumdus} vad, you like abb ?
[10:24] {Threei} if it works I do
[10:25] {dino} qld s .50
[10:27] {Threei} so, let's see... economy is in ruins, banks are all but close their doors, inflation is rampant, recession is looming - and out of all stocks you could think of it's NFLX that is running?
[10:28] {magoo} might be a pullbk entry here vad in LLTC?
[10:28] {magoo} if mkt resumes up
[10:28] {lumdus} out abb -.02
[10:28] {Threei} with .79 stop, why not
[10:28] {magoo} orig was .78 right?
[10:29] {Threei} yes
[10:30] {Threei} *DOE CRUDE: +3.2 V +2.5ME ; GASOLINE:+2.3 V +400KE ; DISTILLATES: -2.58M V -2ME ; UTILIZATION: % V 83.7%E
[10:32] {Threei} CFO: FEEL BETTER ABOUT IBM'S US BUSINESS TWO MONTHS INTO Q1 THAN HE DID IN Q4
[10:32] {Threei} good for him
[10:34] {Threei} XLNXstop to .99
[10:37] {Threei} XLNX over 1:1
[10:37] {lumdus} and there goes abb.. too tight of a stop .. again, as vad would say
[10:37] {Threei} LLTC rewards tour entry mags (if you went for it)
[10:37] {Threei} half out XLNX .24
[10:37] {magoo} i did .84
[10:38] {magoo} how u know i go lol?
[10:38] {dino} qld stopped -.33
[10:38] {Threei} I didn't... said IF :)
[10:38] {lumdus} i am shorting amzn on next bounce
[10:38] {Threei} but really, I had little doubt, lol
[10:38] {magoo} thats whatr i meant
[10:38] {lumdus} short amzn 69.91 stop 70.11
[10:40] {magoo} out 29 here vad, TY
[10:40] {Threei} in full?
[10:40] {magoo} yeah, i dummy
[10:40] {Threei} who knows... we will see
[10:40] {magoo} like to bank it too much i guess
[10:40] {Threei} market looks ready for breakout
[10:41] {magoo} although i still in X with ya
[10:41] {Threei} breakout it is
[10:41] {lumdus} amzn -.21
[10:41] {Threei} in what?
[10:41] {magoo} XLNX
[10:41] {esemde} indexes turning green vad......
[10:41] {magoo} u partial yet?
[10:41] {Threei} ohh... sorry, you sold LLTC
[10:41] {Threei} misunderstood
[10:42] {Threei} [10:37] {Threei} half out XLNX .24
[10:42] {lumdus} nice trading folks
[10:42] {magoo} oh, ok
[10:42] {magoo} we BOTH confused lol
[10:43] {magoo} alright, i just partialed .32
[10:43] {dino} kbr l .72
[10:47] {dino} sm l fwlt .00
[10:48] {curtisweese} s AMZN 70.62 risky
[10:50] {lumdus} amzn with .85 stop .. curtis .. right ?
[10:50] {curtisweese} exactly what i had
[10:50] {lumdus} i didn't do anything yet doesn't look so good
[10:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[10:51] {curtisweese} stopped
[10:51] {curtisweese} needed the market to help on that one
[10:51] {lumdus} yeah, it didn't make much sense the trade curits
[10:52] {curtisweese} lol....
[10:52] {curtisweese} {--newbie
[10:52] {curtisweese} now i want to buy it if it breaks 71.18 or so lol
[10:54] {dino} fwlt stopped -.27
[10:55] {Threei} FED'S BERNANKE: MORTGAGE DEBT MARKET 'DYSFUNCTIONAL' - Q&A
- Notes need for more responsibility and accountability in mortgage origination
[10:55] {Threei} - Must take measured approach in new regulation to the mortgage industry
[10:55] {Threei} - No date has been set for release of new rules
[10:56] {lumdus} fnm running
[10:57] {lumdus} s hort fnm 31.33 stop hod
[10:57] {lumdus} stop b/e now..
[10:57] {curtisweese} crap...there drops AMZN
[10:57] {lumdus} out 31.03
[10:57] {lumdus} +.30 fnm
[10:59] {curtisweese} i just needed a higher stop on it i guess
[10:59] {curtisweese} or luck making bad trade look good....hahaha
[11:05] {dino} nihd l .80
[11:10] {dino} nihd stop to b/e
[11:10] {magoo} RIMM in that tough 110 level vad
[11:10] {magoo} could be short scalp w/mkt help
[11:12] {dino} to .23
[11:14] {dino} stoppeed nihd .23, +.43
[11:15] {Threei} dunno mags... so far idea of shorting doesn't appeal to me today
[11:22] {Threei} as a matter of fact... I'd rather look for RIMM long if it takes 111
[11:22] {curtisweese} what about NVDA long if breaks 22.99 or so?
[11:23] {curtisweese} in on NVDA long
[11:23] {Chaeron} in RIMM
[11:25] {Chaeron} stopped RIMM -.25
[11:37] {Chaeron} .
[11:37] {Threei} EMKR RECEIVES $39M IN NEW ORDERS FOR CONCENTRATOR SOLAR CELL RECEIVER ASSEMBLIES
[11:42] {dino} partial fill s aaww .90
[11:49] {dino} aaww bstop to .23
[11:52] {Threei} in RIMM small long
[11:52] {Threei} stop under .75
[11:54] {Threei} XLNX stop to .19 for second half
[11:55] {Threei} out RIMM
[11:55] {dino} aaww bstop to .70
[11:55] {Threei} tricky
[11:55] {dino} biib
[11:56] {Threei} BIIB
[11:56] {Threei} FDA: TYSABRI LINKED TO SIGNIFICANT "LIVER INJURY," MAY OCCUR WITHIN SIX DAYS WITHIN FIRST DOSE
[11:57] {Threei} short small
[11:57] {Threei} stop above .50
[11:58] {dino} cvco sm l .07, biib sm l .00
[12:00] {Threei} can't seem to trade 25 cents for a phone call today
[12:01] {dino} out biib .85 +.85
[12:01] {Threei} lol
[12:02] {Threei} shorted at the same .85 again
[12:02] {dino} you're welocome to have those shares
[12:02] {Threei} nope, we both sold
[12:02] {dino} aaww bstop to .29
[12:03] {dino} exac
[12:03] {Threei} tried to cover .26, got half only
[12:04] {Threei} looks like second half is going to be stopped
[12:05] {Threei} out
[12:05] {dino} aaww stopped 52.29 +1.61
[12:06] {dino} enoc kicked in the b@lls
[12:06] {Threei} out balance XLNX
[12:07] {Threei} failed to make new highs, lunch time upon us
[12:07] {Threei} not much chance for continuation nearest time
[12:15] {curtisweese} hmmm SIRI intriguing at 2.94
[12:18] {curtisweese} lol...even at 2.93....small changes equal big loss or win though...scary
[12:20] {curtisweese} i will say i just got a new car and it has Sirius which i thought was stupid, but now that i have it, it is the coolest thing ever
[12:21] {Threei} GDX .51 long if stays above .40
[12:23] {dino} pzza
[12:26] {curtisweese} in on SIRI 2.94.....going with my gut! shudder
[12:29] {curtisweese} run SIRI run! boiled shrimp fried shrimp cajun shrimp
[12:32] {dino} forest
[12:38] {Threei} FED'S BERNANKE: LARGE INCREASE IN TAXES WOULD BE A DRAG ON THE CONSUMER- Expects higher unemployment only to last for a couple of years
[12:40] {dino} out cvco .65 +.58
[12:41] {curtisweese} ohhh 6 to 1 ratio buyers to sellers is good right? these level 2 screens confuse me....grrrr
[12:41] {Threei} it doesn't have any significance on this stock
[12:41] {curtisweese} then disappears in a second...you are right!
[12:42] {curtisweese} again
[12:42] {curtisweese} of course
[12:42] {curtisweese} :P
[12:42] {Threei} go to that video interview of mine on homepage, listen to the part on level 2
[12:42] {Threei} and read scalping course part on that
[12:43] {curtisweese} k
[12:54] {Threei} GDX 1:1
[12:54] {Threei} did I really hit something right?
[12:54] {Threei} lol
[12:55] {Threei} WHITE HOUSE: 'MINDFUL' OF IMPACT OF RISING GASOLINE PRICES ON ECONOMY
[12:55] {dptl} out gdx ty
[12:55] {Threei} welcome sir
[12:56] {Threei} aren't you guys glad white house is mindful of that?
[12:57] {cosmo} getting oil from $25 to $100 is hard work....
[12:58] {magoo} i must not be paying for all the correct symbol quotes..i can't pull that one vad GDX
[12:58] {dino} pzza s .50 stop .76
[12:58] {dptl} you need amex data Mags
[12:59] {magoo} oh..ok TY
[13:02] {dino} pxxa bstop to .21
[13:02] {dino} stopped +.29
[13:08] {dino} pzza i meant
[13:15] {dino} cvco s,m l .25
[13:18] {dino} stop to .35
[13:18] {Threei} out GDX in full, 1:2
[13:31] {dino} cvco slippage out -.05, f'ng .21 cents
[13:32] {dino} exac s .81, stop .03
[13:32] {Threei} DOJ CLEARS ORCL ACQUISITION OF BEAS - WIRE HEADLINE- Reminder deal is for $19.375 in cas
[13:32] {Threei} no upside really
[13:36] {magoo} lil selloff here
[13:36] {Threei} good thing I pulled plug on XLNX balance, seems to be totally out of gas
[13:39] {dino} need gas talk to magoo
[13:39] {Threei} I don't want to be presented
[13:45] {Chaeron} .
[13:47] {Threei} that's a fine point
[13:47] {Threei} I wish I made this point myself
[13:47] {Chaeron} heheh...
[13:47] {patience} speaking of gas....filled up the gas tank of my sister's new Hummer which I drove this past weekend
[13:47] {Threei} let's see if this makes thnings better:
[13:47] * Threei slaps Laserdave1 around a bit with a large trout
[13:48] {Threei} Hummer eh
[13:48] {patience} felt surreal paying the bill
[13:48] {Chaeron} $245?
[13:48] {patience} laughing, no
[13:48] {patience} was about $125
[13:48] {Threei} sheesh
[13:49] {Chaeron} canadian?
[13:49] {patience} what a guy magnet though....everytime parking, some guy comes up asking to see under the hood
[13:49] {patience} no, u.s. dollars chaeron
[13:49] {Chaeron} not going to respond to that one......................
[13:50] {Threei} I have 82 litres tank (I think it's about 22 gallons)... costs about 70 bucks to fill it
[13:50] {curtisweese} $75 or so for me....Jeep SRT :(
[13:50] {dino} lolpatience
[13:50] {Threei} I am never driving Hummer, it's official... why would I want a guy magnet
[13:51] {Chaeron} great point
[13:54] {curtisweese} Vad, crystal ball handy?
[13:54] {curtisweese} market is going......? heheh
[13:54] {Threei} handy but somewhat cloudy today
[13:57] {curtisweese} here we go...rally time
[13:57] {curtisweese} coooome oooooonnnn
[13:58] {Threei} nah curtis... you are asking... violence is the only thing that works
[13:58] {Threei} kick market, don't ask it
[13:58] {lumdus} oh, nice break i took. I missed anything
[13:58] {Threei} yes lum, 8 trades &1.20 each
[13:59] {Threei} no, one was 1.15, sorry
[13:59] {Chaeron} I retired lum
[13:59] {curtisweese} {{moves market higher through sheer stubborness and will and a smidge of violence}}
[13:59] {lumdus} interesting exact same answer last time. Fishy
[13:59] {Threei} really?
[13:59] {curtisweese} fishy? is that the symbol? buy! buy!
[14:00] {Threei} jeez... chaeron, we need to come up with more original things
[14:00] {Chaeron} sorry... what did you say Threei? I was getting the 6 pretty girls to wax my yacht correctly.....
[14:01] {Chaeron} and that's just the helicopter pad on the stern
[14:02] {Threei} never mind, just wanted you to tell them to be careful with my helicopter, last time around they scratched it
[14:02] {dino} ctrp drop
[14:02] {Chaeron} :)
[14:03] {Threei} AMZN, want bounce into .50 to short into
[14:11] {Threei} no luck with bounce
[14:16] {Chaeron} BIIB - FDA SPOKESPERSON SAYS TYSABRI LIVER INJURY ISSUE "ABSOLUTLY NOT NEW" - WIRE{ELN}
[14:18] {dino} cvco l .55 sm
[14:18] {dino} exac bstop to .64
[14:20] {magoo} mkt roll or run..that my friends...is THE question
[14:20] {curtisweese} cinnamin or butter?
[14:20] {dino} run then 3:05 roll
[14:23] {dino} or not
[14:23] {dino} exac stopped .57 ave, +.24
[14:24] {dino} oil down stocks down
[14:24] {Threei} how wierd is it
[14:25] {dino} it is how it goes for about a year now
[14:25] {dino} you'd think otherwise
[14:27] {dino} i guess when oil goes back to 40, the market gets cut by 60%
[14:29] {magoo} its about time in day where i say."come on vad,,find a winner" and vad replies "don't do it magoo..don't push.let trade come to u"
[14:30] {lumdus} in rimm 109.95 stop 109.60
[14:30] {Threei} I just don't feel it today magsa
[14:31] {magoo} its a tough day
[14:32] {dino} cvco stop to .05\
[14:32] {lumdus} stop on rimm 109.75
[14:33] {dino} take it to .15
[14:34] {dino} slippage to .94, +.39, sheesh
[14:35] {magoo} nice one lum
[14:35] {magoo} i almost went
[14:36] {lumdus} stop on rimm 109.99 o
[14:36] {dino} cedc
[14:36] {lumdus} trail stop .10
[14:37] {lumdus} rimm below .40 i am out
[14:38] {lumdus} it's having some trouble moving ahead now.
[14:38] {dino} ?
[14:38] {dino} oh
[14:38] {lumdus} talking to me dino ?
[14:38] {lumdus} out rimm 110.41 + .46
[14:38] {dino} yeah, read it wrong, thought you said "i'm" not it
[14:39] {dino} spwr fast drop
[14:41] {lumdus} magoo you still in rimm ?
[14:42] {magoo} i didn't take it with u...almost
[14:43] {lumdus} oh , crap. hope somebody followed me at least
[14:44] {magoo} u been doing well LUM..i been noticing
[14:44] {lumdus} this week yes, last week no.
[14:45] {lumdus} however, Monday covered my bad for last week
[14:45] {lumdus} and today is my profit for the week.
[14:45] {Chaeron} you're here for profit?????
[14:46] {lumdus} chaeron. of course, why else i work, so i can have money to play tommorrow
[14:54] {dino} axys fast fall
[14:55] {lumdus} rimm making me cry - alot
[14:56] {magoo} if IF this mkt were to roll over hard, 100 shares short bidu would be a 5 pointer...RISKY and requires mkt...may go up if mkt goes up
[14:56] {Threei} the problem is, there is no way to twell the odds here
[14:57] {Threei} it feels like down rather than up[
[14:57] {magoo} well, if starts to fall..we will tell
[14:57] {Threei} but if I had to assign numbers to it, I wouldn't out it even as 51/49
[14:58] {Threei} rather like 50.0001 to 49.9999
[14:58] {curtisweese} up we go~
[14:59] {curtisweese} luckily i didn't sort 10000000 shares there....whew!
[14:59] {curtisweese} i mean short
[14:59] {curtisweese} sigh
[15:02] {magoo} i forgot to mention.if IF mkt goes up 100 shares long he he
[15:02] {curtisweese} hhahaha...IF i would have bought 10000 shares long...your short would have worked
[15:02] {Threei} someone has all bases covered eh? :)
[15:03] {curtisweese} instead i bought 2,400 shares of MSFT at 28.27
[15:05] {curtisweese} it is gonna break 28.32 and then make me smile
[15:05] {dptl} got to go ..have a good evening all
[15:05] {curtisweese} bye dptl
[15:06] {curtisweese} sorry out on SIRI at 2.98 +$.04
[15:06] {lumdus} amzn looks week .. short it :)
[15:06] {lumdus} i tried at .65 and missed it . - crap
[15:07] {curtisweese} here goes MSFT....come on buddy!! i loooove youuuuuu
[15:07] {curtisweese} does violence only work on mkt? :(
[15:09] {Threei} curtis... kind word and gun get you better results than kind word alone
[15:09] {curtisweese} that is what i've found with my girlfriends....oh! never mind
[15:11] {curtisweese} nice talking head is pumping MSFT right after i buy it.....come on talking head power
[15:11] {lumdus} l kbh 27.26 stop 27.09
[15:12] {curtisweese} this guy loves msft....hahaha
[15:12] {curtisweese} {{I DO live in Seattle and I did grow up 1 mile from Bill Gates...he should give me money
[15:14] {Threei} trying RIMM long on this pullback
[15:15] {Threei} stop .85
[15:15] {curtisweese} come on Market!!! i'm gonna beat you if you don't run
[15:16] {magoo} entry u get?
[15:16] {Threei} .06
[15:16] {magoo} .07
[15:16] {curtisweese} heheh
[15:17] {Threei} half out
[15:17] {Threei} .30
[15:17] {magoo} out .35 full
[15:17] {curtisweese} nice!!!
[15:17] {magoo} EASY BUTTON worthy vad
[15:18] {magoo} TY
[15:18] {Threei} you are welcome
[15:18] {magoo} U DA MAN
[15:18] {magoo} and da women he he as i run for trout cover
[15:18] {Threei} after being crybaby for almost whole day
[15:19] {Threei} except for XLNX and GDX
[15:19] {curtisweese} waaaaaaa! my portfolio hurts
[15:19] {lumdus} kbh stop 27.17
[15:20] {lumdus} kbh , ready to take the high and more .. run now run !
[15:20] {Threei} out in full.63
[15:20] {curtisweese} great job
[15:20] {Threei} +.57
[15:20] {Threei} whew
[15:20] {curtisweese} you still got it!
[15:20] {lumdus} nice vad
[15:20] {Threei} even blind squirell...
[15:21] {dino} out ctrp .47, +.57 too fast to post
[15:21] {lumdus} kbh stop 27.23
[15:22] {dino} axys l .73
[15:23] {magoo} real nice exit vad
[15:24] {lumdus} sto on kbh 27.27
[15:26] {lumdus} out kbh flaat
[15:26] {lumdus} damm, should me out nicely
[15:26] {curtisweese} just barely got ya
[15:27] {dino} axys stop to b/e
[15:27] {lumdus} curtis by .01 it nailed me now watch it run like a chicken
[15:28] {curtisweese} here goes MSFT with the market pop finally
[15:28] {curtisweese} you are right, Lum, like market was watching you
[15:29] {magoo} RIMM 112...sigh
[15:29] {magoo} someday i gonna make food hat all the children will eat :) {chef boyardee}
[15:30] {lumdus} long scso 25.14
[15:30] {lumdus} csco 25.14 long
[15:30] {dino} stopped axys slippage -.25, oh mann, thats 3x'sv today
[15:31] {lumdus} l csco 25.14 stop 24.97 ( need to protect my profits from today - no chances here.)
[15:33] {curtisweese} i will be on a plane to Cabo tomorrow :) I will miss trading, but the corona and sun will easee my pain
[15:34] {Threei} poor you
[15:34] {magoo} that does it...............
[15:34] * magoo slaps curtisweese around a bit with a large trout
[15:37] {curtisweese} here comes the rally.....come on
[15:38] {dino} really curtis, i will be in mexico sunday for a week
[15:38] {dino} royal inn playa de carmen, gulf side
[15:39] {cosmo} which gulf?
[15:39] {curtisweese} it is awesome in playa del carmen...right by cozumel there
[15:39] {curtisweese} i'm going to be on the other side in cabo san lucas
[15:39] {dino} stopped in cozumel once on a cruis, carlos and charlies
[15:39] {curtisweese} you will love playa ....it is just great!
[15:39] {dino} good to hear, have fun
[15:40] {dino} sm s cedc .88
[15:41] {curtisweese} dino you taking all money out of the market while gone? i figured i'd pick a safe stock and leave it there, so not to miss any huge market rallies
[15:41] {Threei} hmmm
[15:42] {Threei} what's safe
[15:42] {cosmo} COGT?
[15:42] {curtisweese} that's the trouble part....figured msft or something like that
[15:42] {dino} trading acct will be cash
[15:42] {dino} cedc stopped
[15:42] {Threei} and if it can go up with huge rally, can't it go down with huge drop?
[15:42] {curtisweese} true
[15:43] {curtisweese} but stop loss gets rid of that
[15:43] {curtisweese} or minimizes it
[15:43] {dino} unless afterhours gap curtis, i've lived that pain
[15:43] {curtisweese} omg...that would suck
[15:43] {magoo} vad, is trading room gonna be up and running next week with dino and curtis off??
[15:43] {curtisweese} hahahaha
[15:44] {dino} yes magoo, just no capitulation or euphoria plays
[15:44] {Threei} nope
[15:44] {Threei} in fact, any of you takes day off, I use it as an excuse to close the doors for the day
[15:44] {dino} oh magoo,. room is in mexico next week, forgot to tell you
[15:44] {Threei} awwww dino
[15:45] {Threei} now he will come too
[15:45] {dino} lol
[15:45] {magoo} THAT DOES IT......................
[15:45] {Threei} uh oh
[15:45] {dino} i told him 16 were going
[15:45] * magoo slaps dino around a bit with a large trout
[15:45] * magoo slaps Threei around a bit with a large trout
[15:45] {magoo} ROFLOL
[15:45] {Threei} see? and you want him on the beach in Mexico? swinging stinkin fish?
[15:46] {dino} we'll send him a postcard, me curtis, vad on beach
[15:46] {curtisweese} i need to go buy some speedos.....hahah
[15:46] {Threei} curtis in speedos? I want different beach
[15:46] {magoo} dino wears those..not a pretty site
[15:47] {dino} not
[15:47] {dino} board shorts
[15:47] {curtisweese} what are we shorting?
[15:47] {dino} the indexes next week
[15:48] {dino} buy stock in cabo and corona
[15:49] {curtisweese} but not penecillan i hope
[15:49] {curtisweese} rally into close.....nice
[15:49] {dino} no, the wife will be w/me
[15:53] {dino} ouch enoc
[15:54] {Threei} too bad time is running olut... COIN break of .90 would be nice trade
[15:54] {Threei} OK guys, thank you all, have a good evening
[15:54] {magoo} ty boss, we trading tomorrow?
[15:55] {Threei} sorry about empty part of the day, it got nicely framed by two wins though
[15:55] {Threei} why not?
[15:55] {Threei} what's special about tomorrow?
[15:55] {magoo} dino says its office cinco de mayo
[15:55] {dino} on monday magoo
[15:56] {Threei} see you all tomorrow
[15:56] {curtisweese} bye :)
[15:56] {magoo} have nice vaca curtis
[15:56] {dino} take care all
[15:57] {curtisweese} thx....may your big trades be fruitful
[15:59] {dino} have fun curtis
[15:59] {curtisweese} see you all next week!
[08:32] {Threei} *JAN DURABLE GOODS ORDERS: -5.3% V -4.0%E; EX-TRANSPORTATION: -1.6% V -1.4%E
- Prior Durables revised from 5.0% to 4.4%
[08:32] {Threei} - Prior Ex_Transportation revised from 2.3% to 2.0%
[08:57] {dino} gm all
[08:58] {Threei} dino :)
[08:59] {cosmo} ADSK warns
[08:59] {cosmo} Autodesk Donates New Data Access Technology for Microsoft SQL Server 2008 to Open Source Community
[08:59] {cosmo} PR Newswire (Wed 8:30am)
[08:59] {Threei} how very noble
[08:59] {cosmo} ....another +
[09:00] {cosmo} 34.62 pre mkt high ....fyi
[09:02] {cosmo} NFLX
[09:03] {cosmo} ... sees better times ahead...
[09:03] {cosmo} fwiw
[09:03] {cosmo} Netflix raises EPS, revenue and subscriber guidance for Q1 & FY08
[09:03] {cosmo} Briefing.com (Wed 7:42am)
[09:08] {cosmo} .... 31.14 so far...
[09:10] {dptl} good morning all
[09:10] {Threei} dp :)
[09:17] {magoo} morning
[09:18] {Threei} magoo :)
[09:19] {magoo} no replay today in room?
[09:19] {tomg} gm all
[09:19] {magoo} not a problem, just informing
[09:19] {Threei} tom :)
[09:19] {Threei} ty mags, will inquire
[09:20] {Threei} replay isn't working for everyone else?
[09:21] {tomg} works ok for me
[09:21] {Threei} hmm
[09:21] {magoo} double hmmm...hmmmmmmm
[09:21] {Threei} anyone else? I don't want to disconnect on purpose
[09:22] {Threei} (who knows if you let me back)
[09:23] {magoo} u pick another pointer like RIMM and u can come back anytime lol
[09:24] {Threei} ty... you are in a good spirit today :)
[09:27] {cosmo} JASO gonna test 14.8
[09:27] {esemde} morning
[09:27] {Threei} ese :)
[09:31] {_leo1} HI
[09:31] {Threei} leo :)
[09:31] {esemde} leo
[09:31] {magoo} leoooo:)
[09:33] {_leo1} IM LEO:)
[09:35] {Roman}
21 SSRI long setup
[09:35] {Threei} NVDA short for a scalp with .56 stop, let's keep it half lot
[09:35] {Threei} on first sign of weakness
[09:35] {Roman}
21 in SSRI 36.16
[09:35] {Threei} SSRI is silver, right?
[09:35] {Roman}
21 yes
[09:36] {Roman}
21 COIN high
[09:37] {magoo} where u in SSRI rfr?
[09:38] {Roman}
21 [09:35] {Roman} in SSRI 36.16
[09:38] {lumdus} good morning all . woke up late
[09:38] {Threei} lum :)
[09:38] {magoo} ty
[09:38] {magoo} sh NVDA
[09:38] {magoo} .42
[09:38] {Threei} die NVDA
[09:39] {Threei} market is trying to strengthen
[09:40] {Threei} unsuccessfully
[09:40] {Threei} stop to .51
[09:40] {lumdus} l gg 43.15
[09:40] {Threei} don't want to get caught in morning volatility
[09:41] {magoo} out
[09:41] {Threei} out
[09:42] {curtisweese} out
[09:43] {Threei} VLNC will never stop or what
[09:43] {lumdus} vad, and you the next vlnc .. (ctum) hopefully
[09:44] {lumdus} stop on gg b/e 43.14
[09:46] {lumdus} damm out gg -.02
[09:48] {Threei} XLNX 23.06 long if stays above 22.95
[09:50] {magoo} in
[09:54] {dino} sone s .28, stop .53
[09:56] {Threei} LLTC .78 long with .69 stop
[09:57] {magoo} in
[09:59] {Threei} enough headfakes NQ, just go up alreadyt
[09:59] {magoo} really
[09:59] {Threei} good boy... now break 1790 and rally
[09:59] {dino} tighten sone to hod
[10:00] {Threei} JAN NEW HOME SALES: 588K V 600KE
[10:02] {Chaeron} gm all
[10:03] {magoo} morn chaer:)\
[10:03] {Threei} market demonstrated ability go up on any bad news lately... and we just got more news... let's rally
[10:03] {Threei} chaeron :)
[10:03] {magoo} doesn't know what to do
[10:03] {Threei} it does... it wants to go up
[10:03] {Threei} one th doesn't know yet is:
[10:04] {Threei} has it shaken enough of shorts yet
[10:04] {Chaeron} in XLNX
[10:04] {lumdus} s amzn 70.22 stop 70.26
[10:06] {lumdus} dia amzn ,, quickly and i scalp you .
[10:06] {Threei} LLTC stopped
[10:06] {lumdus} stop 70.03 hard stop
[10:06] {dino} sone stopped .45 -.17
[10:06] {lumdus} .88 stop
[10:07] {curtisweese} lltc stopped o for 2 today
[10:07] {curtisweese} for me
[10:07] {lumdus} .75 stop on amzn
[10:07] {magoo} 0 for 3
[10:07] {lumdus} out amzn .73
[10:07] {lumdus} +.48 on amzn
[10:09] {lumdus} vad, how can i after tell this. Look, i scalped amzn and now it goes down more.
[10:09] {magoo} its rinsing us vad
[10:09] {Threei} now it going back up lum
[10:09] {magoo} not complaining..observing
[10:09] {Threei} relax, it's normal trading process
[10:09] {Threei} you take what you can read
[10:09] {magoo} yup
[10:09] {Threei} yes mags
[10:10] {lumdus} i want to short the damm thing again
[10:10] {Threei} stop is stop, it's placed there to stop losses... you can't widen it indefinitely just to avoid being shaken out
[10:11] {lumdus} watching dd for long
[10:13] {lumdus} in abb 25.48
[10:14] {esemde} I see your argument about a rally Vad...it looks to me like stocks are being squeezed down one last time or so to shake out weak hands...
[10:14] {lumdus} lon abb 25.48 stop 25.37
[10:16] {lumdus} stop on abb 25.44
[10:16] {curtisweese} lum, nice...watching that one
[10:16] {Threei} and rallying we are
[10:17] {magoo} good feel u had boss
[10:17] {lumdus} you really think staying power. i am going to wait, but amzn is on my hit list for a nice short
[10:17] {Threei} yeah... unfortunately haven't found right stock to utilize it
[10:17] {magoo} ok, its playing hardball
[10:17] {curtisweese} i'm in scalp mode...market too jumpy for me :(
[10:17] {Threei} LLTC shook us out
[10:17] {Threei} XLNX trying
[10:17] {Threei} a bit too narrow, wish it had more "spiking power"
[10:18] {magoo} do not have any familiarity with these 2
[10:18] {curtisweese} i'm gonnna short NVDA in a sec ...around 22.69 if resistance holds
[10:19] {lumdus} curits, you do better shorting amzn inho
[10:19] {curtisweese} ok...let me check :)
[10:19] {lumdus} little too late ..
[10:19] {magoo} vcad, whats XLNX potential? as in .40 area?
[10:19] {Threei} great LLTC
[10:19] {Threei} mags, totally depends on market
[10:20] {Threei} XKLNX is willing
[10:20] {Threei} and can creep much higher
[10:20] {Threei} but market support is neded
[10:20] {magoo} understood on mkt depends
[10:20] {lumdus} ok, there is the scalp for amzn short .. the easiet trade ever made
[10:20] {curtisweese} yeah missed it :(
[10:20] {lumdus} out amzn + .63
[10:21] {lumdus} curtis, i gave you 2 x heads up.
[10:21] {curtisweese} yeah....i know...no worries...if i'm not in, i cant lose any money anyway...hehehe
[10:21] {lumdus} one more trade for the morning and I am done. Getting to hyper
[10:22] {lumdus} feeling too confident is also no good. Need someone to slap me around .. with a trout of course
[10:22] * magoo slaps lumdus around a bit with a large trout
[10:22] {lumdus} tx bud
[10:22] {magoo} u can count on magoo bro
[10:22] {lumdus} stop on abb to .46 let's see
[10:23] {lumdus} vad, you like abb ?
[10:24] {Threei} if it works I do
[10:25] {dino} qld s .50
[10:27] {Threei} so, let's see... economy is in ruins, banks are all but close their doors, inflation is rampant, recession is looming - and out of all stocks you could think of it's NFLX that is running?
[10:28] {magoo} might be a pullbk entry here vad in LLTC?
[10:28] {magoo} if mkt resumes up
[10:28] {lumdus} out abb -.02
[10:28] {Threei} with .79 stop, why not
[10:28] {magoo} orig was .78 right?
[10:29] {Threei} yes
[10:30] {Threei} *DOE CRUDE: +3.2 V +2.5ME ; GASOLINE:+2.3 V +400KE ; DISTILLATES: -2.58M V -2ME ; UTILIZATION: % V 83.7%E
[10:32] {Threei} CFO: FEEL BETTER ABOUT IBM'S US BUSINESS TWO MONTHS INTO Q1 THAN HE DID IN Q4
[10:32] {Threei} good for him
[10:34] {Threei} XLNXstop to .99
[10:37] {Threei} XLNX over 1:1
[10:37] {lumdus} and there goes abb.. too tight of a stop .. again, as vad would say
[10:37] {Threei} LLTC rewards tour entry mags (if you went for it)
[10:37] {Threei} half out XLNX .24
[10:37] {magoo} i did .84
[10:38] {magoo} how u know i go lol?
[10:38] {dino} qld stopped -.33
[10:38] {Threei} I didn't... said IF :)
[10:38] {lumdus} i am shorting amzn on next bounce
[10:38] {Threei} but really, I had little doubt, lol
[10:38] {magoo} thats whatr i meant
[10:38] {lumdus} short amzn 69.91 stop 70.11
[10:40] {magoo} out 29 here vad, TY
[10:40] {Threei} in full?
[10:40] {magoo} yeah, i dummy
[10:40] {Threei} who knows... we will see
[10:40] {magoo} like to bank it too much i guess
[10:40] {Threei} market looks ready for breakout
[10:41] {magoo} although i still in X with ya
[10:41] {Threei} breakout it is
[10:41] {lumdus} amzn -.21
[10:41] {Threei} in what?
[10:41] {magoo} XLNX
[10:41] {esemde} indexes turning green vad......
[10:41] {magoo} u partial yet?
[10:41] {Threei} ohh... sorry, you sold LLTC
[10:41] {Threei} misunderstood
[10:42] {Threei} [10:37] {Threei} half out XLNX .24
[10:42] {lumdus} nice trading folks
[10:42] {magoo} oh, ok
[10:42] {magoo} we BOTH confused lol
[10:43] {magoo} alright, i just partialed .32
[10:43] {dino} kbr l .72
[10:47] {dino} sm l fwlt .00
[10:48] {curtisweese} s AMZN 70.62 risky
[10:50] {lumdus} amzn with .85 stop .. curtis .. right ?
[10:50] {curtisweese} exactly what i had
[10:50] {lumdus} i didn't do anything yet doesn't look so good
[10:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[10:51] {curtisweese} stopped
[10:51] {curtisweese} needed the market to help on that one
[10:51] {lumdus} yeah, it didn't make much sense the trade curits
[10:52] {curtisweese} lol....
[10:52] {curtisweese} {--newbie
[10:52] {curtisweese} now i want to buy it if it breaks 71.18 or so lol
[10:54] {dino} fwlt stopped -.27
[10:55] {Threei} FED'S BERNANKE: MORTGAGE DEBT MARKET 'DYSFUNCTIONAL' - Q&A
- Notes need for more responsibility and accountability in mortgage origination
[10:55] {Threei} - Must take measured approach in new regulation to the mortgage industry
[10:55] {Threei} - No date has been set for release of new rules
[10:56] {lumdus} fnm running
[10:57] {lumdus} s hort fnm 31.33 stop hod
[10:57] {lumdus} stop b/e now..
[10:57] {curtisweese} crap...there drops AMZN
[10:57] {lumdus} out 31.03
[10:57] {lumdus} +.30 fnm
[10:59] {curtisweese} i just needed a higher stop on it i guess
[10:59] {curtisweese} or luck making bad trade look good....hahaha
[11:05] {dino} nihd l .80
[11:10] {dino} nihd stop to b/e
[11:10] {magoo} RIMM in that tough 110 level vad
[11:10] {magoo} could be short scalp w/mkt help
[11:12] {dino} to .23
[11:14] {dino} stoppeed nihd .23, +.43
[11:15] {Threei} dunno mags... so far idea of shorting doesn't appeal to me today
[11:22] {Threei} as a matter of fact... I'd rather look for RIMM long if it takes 111
[11:22] {curtisweese} what about NVDA long if breaks 22.99 or so?
[11:23] {curtisweese} in on NVDA long
[11:23] {Chaeron} in RIMM
[11:25] {Chaeron} stopped RIMM -.25
[11:37] {Chaeron} .
[11:37] {Threei} EMKR RECEIVES $39M IN NEW ORDERS FOR CONCENTRATOR SOLAR CELL RECEIVER ASSEMBLIES
[11:42] {dino} partial fill s aaww .90
[11:49] {dino} aaww bstop to .23
[11:52] {Threei} in RIMM small long
[11:52] {Threei} stop under .75
[11:54] {Threei} XLNX stop to .19 for second half
[11:55] {Threei} out RIMM
[11:55] {dino} aaww bstop to .70
[11:55] {Threei} tricky
[11:55] {dino} biib
[11:56] {Threei} BIIB
[11:56] {Threei} FDA: TYSABRI LINKED TO SIGNIFICANT "LIVER INJURY," MAY OCCUR WITHIN SIX DAYS WITHIN FIRST DOSE
[11:57] {Threei} short small
[11:57] {Threei} stop above .50
[11:58] {dino} cvco sm l .07, biib sm l .00
[12:00] {Threei} can't seem to trade 25 cents for a phone call today
[12:01] {dino} out biib .85 +.85
[12:01] {Threei} lol
[12:02] {Threei} shorted at the same .85 again
[12:02] {dino} you're welocome to have those shares
[12:02] {Threei} nope, we both sold
[12:02] {dino} aaww bstop to .29
[12:03] {dino} exac
[12:03] {Threei} tried to cover .26, got half only
[12:04] {Threei} looks like second half is going to be stopped
[12:05] {Threei} out
[12:05] {dino} aaww stopped 52.29 +1.61
[12:06] {dino} enoc kicked in the b@lls
[12:06] {Threei} out balance XLNX
[12:07] {Threei} failed to make new highs, lunch time upon us
[12:07] {Threei} not much chance for continuation nearest time
[12:15] {curtisweese} hmmm SIRI intriguing at 2.94
[12:18] {curtisweese} lol...even at 2.93....small changes equal big loss or win though...scary
[12:20] {curtisweese} i will say i just got a new car and it has Sirius which i thought was stupid, but now that i have it, it is the coolest thing ever
[12:21] {Threei} GDX .51 long if stays above .40
[12:23] {dino} pzza
[12:26] {curtisweese} in on SIRI 2.94.....going with my gut! shudder
[12:29] {curtisweese} run SIRI run! boiled shrimp fried shrimp cajun shrimp
[12:32] {dino} forest
[12:38] {Threei} FED'S BERNANKE: LARGE INCREASE IN TAXES WOULD BE A DRAG ON THE CONSUMER- Expects higher unemployment only to last for a couple of years
[12:40] {dino} out cvco .65 +.58
[12:41] {curtisweese} ohhh 6 to 1 ratio buyers to sellers is good right? these level 2 screens confuse me....grrrr
[12:41] {Threei} it doesn't have any significance on this stock
[12:41] {curtisweese} then disappears in a second...you are right!
[12:42] {curtisweese} again
[12:42] {curtisweese} of course
[12:42] {curtisweese} :P
[12:42] {Threei} go to that video interview of mine on homepage, listen to the part on level 2
[12:42] {Threei} and read scalping course part on that
[12:43] {curtisweese} k
[12:54] {Threei} GDX 1:1
[12:54] {Threei} did I really hit something right?
[12:54] {Threei} lol
[12:55] {Threei} WHITE HOUSE: 'MINDFUL' OF IMPACT OF RISING GASOLINE PRICES ON ECONOMY
[12:55] {dptl} out gdx ty
[12:55] {Threei} welcome sir
[12:56] {Threei} aren't you guys glad white house is mindful of that?
[12:57] {cosmo} getting oil from $25 to $100 is hard work....
[12:58] {magoo} i must not be paying for all the correct symbol quotes..i can't pull that one vad GDX
[12:58] {dino} pzza s .50 stop .76
[12:58] {dptl} you need amex data Mags
[12:59] {magoo} oh..ok TY
[13:02] {dino} pxxa bstop to .21
[13:02] {dino} stopped +.29
[13:08] {dino} pzza i meant
[13:15] {dino} cvco s,m l .25
[13:18] {dino} stop to .35
[13:18] {Threei} out GDX in full, 1:2
[13:31] {dino} cvco slippage out -.05, f'ng .21 cents
[13:32] {dino} exac s .81, stop .03
[13:32] {Threei} DOJ CLEARS ORCL ACQUISITION OF BEAS - WIRE HEADLINE- Reminder deal is for $19.375 in cas
[13:32] {Threei} no upside really
[13:36] {magoo} lil selloff here
[13:36] {Threei} good thing I pulled plug on XLNX balance, seems to be totally out of gas
[13:39] {dino} need gas talk to magoo
[13:39] {Threei} I don't want to be presented
[13:45] {Chaeron} .
[13:47] {Threei} that's a fine point
[13:47] {Threei} I wish I made this point myself
[13:47] {Chaeron} heheh...
[13:47] {patience} speaking of gas....filled up the gas tank of my sister's new Hummer which I drove this past weekend
[13:47] {Threei} let's see if this makes thnings better:
[13:47] * Threei slaps Laserdave1 around a bit with a large trout
[13:48] {Threei} Hummer eh
[13:48] {patience} felt surreal paying the bill
[13:48] {Chaeron} $245?
[13:48] {patience} laughing, no
[13:48] {patience} was about $125
[13:48] {Threei} sheesh
[13:49] {Chaeron} canadian?
[13:49] {patience} what a guy magnet though....everytime parking, some guy comes up asking to see under the hood
[13:49] {patience} no, u.s. dollars chaeron
[13:49] {Chaeron} not going to respond to that one......................
[13:50] {Threei} I have 82 litres tank (I think it's about 22 gallons)... costs about 70 bucks to fill it
[13:50] {curtisweese} $75 or so for me....Jeep SRT :(
[13:50] {dino} lolpatience
[13:50] {Threei} I am never driving Hummer, it's official... why would I want a guy magnet
[13:51] {Chaeron} great point
[13:54] {curtisweese} Vad, crystal ball handy?
[13:54] {curtisweese} market is going......? heheh
[13:54] {Threei} handy but somewhat cloudy today
[13:57] {curtisweese} here we go...rally time
[13:57] {curtisweese} coooome oooooonnnn
[13:58] {Threei} nah curtis... you are asking... violence is the only thing that works
[13:58] {Threei} kick market, don't ask it
[13:58] {lumdus} oh, nice break i took. I missed anything
[13:58] {Threei} yes lum, 8 trades &1.20 each
[13:59] {Threei} no, one was 1.15, sorry
[13:59] {Chaeron} I retired lum
[13:59] {curtisweese} {{moves market higher through sheer stubborness and will and a smidge of violence}}
[13:59] {lumdus} interesting exact same answer last time. Fishy
[13:59] {Threei} really?
[13:59] {curtisweese} fishy? is that the symbol? buy! buy!
[14:00] {Threei} jeez... chaeron, we need to come up with more original things
[14:00] {Chaeron} sorry... what did you say Threei? I was getting the 6 pretty girls to wax my yacht correctly.....
[14:01] {Chaeron} and that's just the helicopter pad on the stern
[14:02] {Threei} never mind, just wanted you to tell them to be careful with my helicopter, last time around they scratched it
[14:02] {dino} ctrp drop
[14:02] {Chaeron} :)
[14:03] {Threei} AMZN, want bounce into .50 to short into
[14:11] {Threei} no luck with bounce
[14:16] {Chaeron} BIIB - FDA SPOKESPERSON SAYS TYSABRI LIVER INJURY ISSUE "ABSOLUTLY NOT NEW" - WIRE{ELN}
[14:18] {dino} cvco l .55 sm
[14:18] {dino} exac bstop to .64
[14:20] {magoo} mkt roll or run..that my friends...is THE question
[14:20] {curtisweese} cinnamin or butter?
[14:20] {dino} run then 3:05 roll
[14:23] {dino} or not
[14:23] {dino} exac stopped .57 ave, +.24
[14:24] {dino} oil down stocks down
[14:24] {Threei} how wierd is it
[14:25] {dino} it is how it goes for about a year now
[14:25] {dino} you'd think otherwise
[14:27] {dino} i guess when oil goes back to 40, the market gets cut by 60%
[14:29] {magoo} its about time in day where i say."come on vad,,find a winner" and vad replies "don't do it magoo..don't push.let trade come to u"
[14:30] {lumdus} in rimm 109.95 stop 109.60
[14:30] {Threei} I just don't feel it today magsa
[14:31] {magoo} its a tough day
[14:32] {dino} cvco stop to .05\
[14:32] {lumdus} stop on rimm 109.75
[14:33] {dino} take it to .15
[14:34] {dino} slippage to .94, +.39, sheesh
[14:35] {magoo} nice one lum
[14:35] {magoo} i almost went
[14:36] {lumdus} stop on rimm 109.99 o
[14:36] {dino} cedc
[14:36] {lumdus} trail stop .10
[14:37] {lumdus} rimm below .40 i am out
[14:38] {lumdus} it's having some trouble moving ahead now.
[14:38] {dino} ?
[14:38] {dino} oh
[14:38] {lumdus} talking to me dino ?
[14:38] {lumdus} out rimm 110.41 + .46
[14:38] {dino} yeah, read it wrong, thought you said "i'm" not it
[14:39] {dino} spwr fast drop
[14:41] {lumdus} magoo you still in rimm ?
[14:42] {magoo} i didn't take it with u...almost
[14:43] {lumdus} oh , crap. hope somebody followed me at least
[14:44] {magoo} u been doing well LUM..i been noticing
[14:44] {lumdus} this week yes, last week no.
[14:45] {lumdus} however, Monday covered my bad for last week
[14:45] {lumdus} and today is my profit for the week.
[14:45] {Chaeron} you're here for profit?????
[14:46] {lumdus} chaeron. of course, why else i work, so i can have money to play tommorrow
[14:54] {dino} axys fast fall
[14:55] {lumdus} rimm making me cry - alot
[14:56] {magoo} if IF this mkt were to roll over hard, 100 shares short bidu would be a 5 pointer...RISKY and requires mkt...may go up if mkt goes up
[14:56] {Threei} the problem is, there is no way to twell the odds here
[14:57] {Threei} it feels like down rather than up[
[14:57] {magoo} well, if starts to fall..we will tell
[14:57] {Threei} but if I had to assign numbers to it, I wouldn't out it even as 51/49
[14:58] {Threei} rather like 50.0001 to 49.9999
[14:58] {curtisweese} up we go~
[14:59] {curtisweese} luckily i didn't sort 10000000 shares there....whew!
[14:59] {curtisweese} i mean short
[14:59] {curtisweese} sigh
[15:02] {magoo} i forgot to mention.if IF mkt goes up 100 shares long he he
[15:02] {curtisweese} hhahaha...IF i would have bought 10000 shares long...your short would have worked
[15:02] {Threei} someone has all bases covered eh? :)
[15:03] {curtisweese} instead i bought 2,400 shares of MSFT at 28.27
[15:05] {curtisweese} it is gonna break 28.32 and then make me smile
[15:05] {dptl} got to go ..have a good evening all
[15:05] {curtisweese} bye dptl
[15:06] {curtisweese} sorry out on SIRI at 2.98 +$.04
[15:06] {lumdus} amzn looks week .. short it :)
[15:06] {lumdus} i tried at .65 and missed it . - crap
[15:07] {curtisweese} here goes MSFT....come on buddy!! i loooove youuuuuu
[15:07] {curtisweese} does violence only work on mkt? :(
[15:09] {Threei} curtis... kind word and gun get you better results than kind word alone
[15:09] {curtisweese} that is what i've found with my girlfriends....oh! never mind
[15:11] {curtisweese} nice talking head is pumping MSFT right after i buy it.....come on talking head power
[15:11] {lumdus} l kbh 27.26 stop 27.09
[15:12] {curtisweese} this guy loves msft....hahaha
[15:12] {curtisweese} {{I DO live in Seattle and I did grow up 1 mile from Bill Gates...he should give me money
[15:14] {Threei} trying RIMM long on this pullback
[15:15] {Threei} stop .85
[15:15] {curtisweese} come on Market!!! i'm gonna beat you if you don't run
[15:16] {magoo} entry u get?
[15:16] {Threei} .06
[15:16] {magoo} .07
[15:16] {curtisweese} heheh
[15:17] {Threei} half out
[15:17] {Threei} .30
[15:17] {magoo} out .35 full
[15:17] {curtisweese} nice!!!
[15:17] {magoo} EASY BUTTON worthy vad
[15:18] {magoo} TY
[15:18] {Threei} you are welcome
[15:18] {magoo} U DA MAN
[15:18] {magoo} and da women he he as i run for trout cover
[15:18] {Threei} after being crybaby for almost whole day
[15:19] {Threei} except for XLNX and GDX
[15:19] {curtisweese} waaaaaaa! my portfolio hurts
[15:19] {lumdus} kbh stop 27.17
[15:20] {lumdus} kbh , ready to take the high and more .. run now run !
[15:20] {Threei} out in full.63
[15:20] {curtisweese} great job
[15:20] {Threei} +.57
[15:20] {Threei} whew
[15:20] {curtisweese} you still got it!
[15:20] {lumdus} nice vad
[15:20] {Threei} even blind squirell...
[15:21] {dino} out ctrp .47, +.57 too fast to post
[15:21] {lumdus} kbh stop 27.23
[15:22] {dino} axys l .73
[15:23] {magoo} real nice exit vad
[15:24] {lumdus} sto on kbh 27.27
[15:26] {lumdus} out kbh flaat
[15:26] {lumdus} damm, should me out nicely
[15:26] {curtisweese} just barely got ya
[15:27] {dino} axys stop to b/e
[15:27] {lumdus} curtis by .01 it nailed me now watch it run like a chicken
[15:28] {curtisweese} here goes MSFT with the market pop finally
[15:28] {curtisweese} you are right, Lum, like market was watching you
[15:29] {magoo} RIMM 112...sigh
[15:29] {magoo} someday i gonna make food hat all the children will eat :) {chef boyardee}
[15:30] {lumdus} long scso 25.14
[15:30] {lumdus} csco 25.14 long
[15:30] {dino} stopped axys slippage -.25, oh mann, thats 3x'sv today
[15:31] {lumdus} l csco 25.14 stop 24.97 ( need to protect my profits from today - no chances here.)
[15:33] {curtisweese} i will be on a plane to Cabo tomorrow :) I will miss trading, but the corona and sun will easee my pain
[15:34] {Threei} poor you
[15:34] {magoo} that does it...............
[15:34] * magoo slaps curtisweese around a bit with a large trout
[15:37] {curtisweese} here comes the rally.....come on
[15:38] {dino} really curtis, i will be in mexico sunday for a week
[15:38] {dino} royal inn playa de carmen, gulf side
[15:39] {cosmo} which gulf?
[15:39] {curtisweese} it is awesome in playa del carmen...right by cozumel there
[15:39] {curtisweese} i'm going to be on the other side in cabo san lucas
[15:39] {dino} stopped in cozumel once on a cruis, carlos and charlies
[15:39] {curtisweese} you will love playa ....it is just great!
[15:39] {dino} good to hear, have fun
[15:40] {dino} sm s cedc .88
[15:41] {curtisweese} dino you taking all money out of the market while gone? i figured i'd pick a safe stock and leave it there, so not to miss any huge market rallies
[15:41] {Threei} hmmm
[15:42] {Threei} what's safe
[15:42] {cosmo} COGT?
[15:42] {curtisweese} that's the trouble part....figured msft or something like that
[15:42] {dino} trading acct will be cash
[15:42] {dino} cedc stopped
[15:42] {Threei} and if it can go up with huge rally, can't it go down with huge drop?
[15:42] {curtisweese} true
[15:43] {curtisweese} but stop loss gets rid of that
[15:43] {curtisweese} or minimizes it
[15:43] {dino} unless afterhours gap curtis, i've lived that pain
[15:43] {curtisweese} omg...that would suck
[15:43] {magoo} vad, is trading room gonna be up and running next week with dino and curtis off??
[15:43] {curtisweese} hahahaha
[15:44] {dino} yes magoo, just no capitulation or euphoria plays
[15:44] {Threei} nope
[15:44] {Threei} in fact, any of you takes day off, I use it as an excuse to close the doors for the day
[15:44] {dino} oh magoo,. room is in mexico next week, forgot to tell you
[15:44] {Threei} awwww dino
[15:45] {Threei} now he will come too
[15:45] {dino} lol
[15:45] {magoo} THAT DOES IT......................
[15:45] {Threei} uh oh
[15:45] {dino} i told him 16 were going
[15:45] * magoo slaps dino around a bit with a large trout
[15:45] * magoo slaps Threei around a bit with a large trout
[15:45] {magoo} ROFLOL
[15:45] {Threei} see? and you want him on the beach in Mexico? swinging stinkin fish?
[15:46] {dino} we'll send him a postcard, me curtis, vad on beach
[15:46] {curtisweese} i need to go buy some speedos.....hahah
[15:46] {Threei} curtis in speedos? I want different beach
[15:46] {magoo} dino wears those..not a pretty site
[15:47] {dino} not
[15:47] {dino} board shorts
[15:47] {curtisweese} what are we shorting?
[15:47] {dino} the indexes next week
[15:48] {dino} buy stock in cabo and corona
[15:49] {curtisweese} but not penecillan i hope
[15:49] {curtisweese} rally into close.....nice
[15:49] {dino} no, the wife will be w/me
[15:53] {dino} ouch enoc
[15:54] {Threei} too bad time is running olut... COIN break of .90 would be nice trade
[15:54] {Threei} OK guys, thank you all, have a good evening
[15:54] {magoo} ty boss, we trading tomorrow?
[15:55] {Threei} sorry about empty part of the day, it got nicely framed by two wins though
[15:55] {Threei} why not?
[15:55] {Threei} what's special about tomorrow?
[15:55] {magoo} dino says its office cinco de mayo
[15:55] {dino} on monday magoo
[15:56] {Threei} see you all tomorrow
[15:56] {curtisweese} bye :)
[15:56] {magoo} have nice vaca curtis
[15:56] {dino} take care all
[15:57] {curtisweese} thx....may your big trades be fruitful
[15:59] {dino} have fun curtis
[15:59] {curtisweese} see you all next week!
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