Thursday, April 10, 2008

Apr 10 2008

Session Time: Thu Apr 10 00:00:00 2008

[08:06] {Threei} EMKR
[08:06] {Threei} TO ACQUIRE INTEL'S ENTERPRISE AND STORAGE OPTICAL ASSETS, INTEL CONNECTS CABLES
- EMCORE will issue 3.7 million shares of restricted stock for the acquisition, with certain adjustments based on EMCORE's stock price twelve months after the closing of the transaction
[08:31] {Threei} INITIAL JOBLESS CLAIMS: 357K V 383KE; CONTINUING CLAIMS: 2.94M V 2.935ME
- Prior Initial Jobless Claims revised from 407K to 410K
[08:31] {Threei} *FEB US TRADE BALANCE: -$62.3 V -$57.5BE
- Prior revised from -$58.2B to -$59.0
[08:35] {Threei} .v raven
[08:37] {Raven}
3 .v ?
[08:37] {Threei} {shrug}
[08:37] {Raven}
3 {cough} ?
[08:37] {Threei} some script that works on your joining
[08:38] {Threei} sometimes with wierd flukes
[08:38] {Raven}
3 sheesh
[08:38] {Threei} maybe depends on how good you look on some particular morning
[08:39] {Raven}
3 arghhh
[08:39] {Threei} MKTR
[08:39] {Threei} TO PRESENT POSITIVE DATA AT UPCOMING MEDICAL AND SCIENTIFIC MEETINGS- Positive preclinical and clinical results for its pipeline programs will be presented at numerous medical and scientific meetings over the coming months. These presentations will highlight Nektar's novel therapeutic candidates in the areas of oncology, anti-infectives and central nervous system (CNS), which leverage Nektar's innovative small molecule PEGylation and liquid aerosol platforms
[08:46] {fernp} gm
[08:47] {Threei} fernp :)
[08:49] {magoo} mornimng
[08:49] {Threei} magoo :)
[08:49] {Threei} guys, could you please go to www.nasdaqscalper.com and let me know if it works OK for you?
[08:49] {Threei} moved it to new hosting yesterday
[08:50] {Threei} want to make sure peropagation goes well before moving main site
[08:50] {Threei} click on diff links please, see if all links and images work
[08:54] {fernp} everything works fine
[08:54] {magoo} vad, i can pull up the main page, but the links are not working
[08:56] {patience} gm, main page links work for me
[08:56] {Threei} ty guys
[08:57] {Threei} mags, none of them?
[08:57] {fernp} I can see the videos
[08:58] {fernp} and the verified trading record link
[08:59] {Threei} what about links at the bottom, fernp?
[08:59] {Threei} order course, about, FAQ etc
[08:59] {magoo} none here vad
[09:00] {Threei} what message do you get magoo?
[09:01] {fernp} all of them work
[09:01] {dino} gm all
[09:01] {Threei} propagation hasn't reached magoo yet then :)
[09:01] {Threei} dino :)
[09:01] {Onix} Good morning all
[09:01] {Threei} also, if you just go directly to http://www.nasdaqscalper.com/faq.html mags... no worky?
[09:02] {Threei} onix :)
[09:04] {cosmo} http://www.siteadvisor.com/sites/nasdaqscalper.com?aff_id=636&suite=true&premium=false&client_ver=2.6.0.6253&client_type=IEPlugin
[09:04] {cosmo} :)
[09:06] {Threei} lol
[09:06] {magoo} the 902 link worx vad
[09:07] {Threei} 902?
[09:07] {magoo} [09:02] {Threei} also, if you just go directly to http://www.nasdaqscalper.com/faq
[09:07] {Threei} sheesh... thanks :)
[09:08] {Threei} but if you click on FAQ link at the bottom it doesn't take you there?
[09:08] {esemde} morning all
[09:08] {Threei} ese :)
[09:08] {esemde} hey Vad
[09:09] {esemde} "whats the buzz....tell me whats a happinin"......
[09:09] {Threei} moving van at the driveway ese :)
[09:09] {Threei} virtual driveway anyway
[09:10] {Threei} and virtual van
[09:10] {esemde} Huh???
[09:10] {Threei} lol
[09:10] {magoo} brb
[09:10] {Threei} [08:49] {Threei} guys, could you please go to www.nasdaqscalper.com and let me know if it works OK for you?
[09:10] {Threei} [08:49] {Threei} moved it to new hosting yesterday
[09:10] {Threei} [08:50] {Threei} want to make sure peropagation goes well before moving main site
[09:10] {Threei} [08:50] {Threei} click on diff links please, see if all links and images work
[09:11] {esemde} ya ....think it over...the crabbing dock man!!!!....the crabbin dock....
[09:11] {Threei} lol
[09:11] {tomg} good morning
[09:12] {Threei} tom :)
[09:12] {esemde} tom
[09:12] {tomg} new site works here, vad, including all links
[09:12] {tomg} hi ese
[09:12] {Threei} thank you
[09:12] {Threei} I guess magoo is propagation-proof
[09:13] {Threei} no unauthorized propagation can penetrate his armor
[09:14] {esemde} works here.....your picture looks.....well...........more real life.......
[09:15] {cosmo} i like the one with the cigar...
[09:16] {esemde} wheres the picture with the cigar
[09:17] {cosmo} VMED offers debt.... $1B
[09:17] {esemde} shishkabob maybe....but cigar???
[09:18] {markweb} goood morning all
[09:18] {Threei} mark :)
[09:18] {markweb} :)
[09:18] {magoo} vad, help, i max out thiswindow and it won't restotre
[09:18] {magoo} i no longer have your upper post section
[09:18] {esemde} mark..
[09:19] {markweb} ese:)
[09:19] {magoo} all i have is this
[09:19] {Threei} magos, look in upper right corner
[09:20] {magoo} yeah
[09:20] {Threei} you have three buttons, midle one is two squares
[09:20] {Threei} not on the blue bar but just below it
[09:20] {magoo} i see it
[09:20] {Threei} click it, it will restore your configuration
[09:21] {magoo} it now up top has "status magoo window
[09:22] {Threei} click on #floor
[09:22] {Threei} it will replace the status one
[09:22] {magoo} ok, got it..i retard
[09:24] {cosmo} VMED could heal ... if it wants to...
[09:25] {ThurstonHowellTheThird} gm all
[09:25] {Threei} thtt :)
[09:25] {dptl} good morning all
[09:25] {Threei} dp :)
[09:25] {Threei} thtt, he woke up... duck
[09:26] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[09:26] {GeoArb} gm
[09:26] {Threei} geo :)
[09:27] {ThurstonHowellTheThird} gm to you too dptl ;)
[09:28] {dptl} :)
[09:32] {ThurstonHowellTheThird} .
[09:32] {Threei} TQNT .50 break long
[09:33] {Threei} stop .39
[09:33] {magoo} in
[09:37] {Threei} US TREASURY'S PAULSON:US ECONOMY HAS TURNED DOWN SHARPLY AND RISK REMAIN TO THE DOWNSIDE
- Adds that tax rebates will make real economic difference
[09:37] {Threei} - Reiterates that housing slump remains biggest downside risk
[09:38] {Threei} NKTR half lot long .70 break
[09:38] {magoo} keep eye on RIMM and AAPL boss
[09:39] {Threei} not at the open
[09:40] {magoo} NKTR invalidated?
[09:40] {Threei} no
[09:41] {Threei} support is .50 so far, this pullback may give closer stop if breaks .70 from here
[09:42] {Threei} AKAM .40 break long if stays above .25
[09:43] {Threei} invalidated
[09:46] {dino} imcl s .91, stop .17
[09:46] {magoo} KLAC for bounce, i like
[09:46] {magoo} thoughts vad if IF mkt bopunces
[09:47] {Threei} break of .20 as a short looks better to me
[09:47] {magoo} no like now
[09:48] {Threei} lol... broke while I typed
[09:48] {magoo} yeah
[09:48] {magoo} i wanted ,20 to hold
[09:49] {Threei} EMKR TO DEPLOY CONCENTRATOR SOLAR PHOTOVOLTAIC SYSTEMS WITH XINAO GROUP IN CHINA
[09:52] {esemde} is EMKR a solar company?\
[09:52] {Threei} something's yup with GERN
[09:52] {Threei} yes ese
[09:53] {Threei} 00:07am (US) Stem Cells: WSJ comments on this week's FDA hearings on how it may regulate embryonic stem cell therapiesmo
[09:53] {esemde} tks.....i'm going to add it to my solar screen.
[09:53] {Threei} - The FDA has set 2 days of hearings starting on Thursday.
[09:55] {dino} ctrp sm l .05
[09:56] {Threei} SYNA half lot long .50 break
[09:56] {Threei} stop under .30
[09:57] {Threei} original break was way too fast but pullback is good for entry
[09:58] {magoo} in .50
[09:58] {dptl} got .55
[10:05] * Threei kicks SYNA in the rear
[10:08] {Threei} this big offer is eager to sell
[10:08] {dino} .cov imcl .61, +.30
[10:08] {Threei} clearing it should open the way
[10:09] {dino} fcsx sm s .04
[10:10] {dino} cov fcsx .70, +.34
[10:11] {Threei} SYNA solidly above 1:1
[10:11] {Threei} decide how greedy you are
[10:11] {magoo} well..u know me
[10:12] {Threei} no... have we met?
[10:12] {magoo} out here .85 TY
[10:12] {Threei} welcome... but again... who are you?
[10:15] {dptl} ty syna +.22
[10:15] {Threei} welcome dp
[10:15] {judijim} as always you all have been busy, we're ready to go, gm all
[10:15] {Threei} morning jj
[10:17] {ThurstonHowellTheThird}
4test
[10:17] {Threei} my eyes
[10:17] {magoo} no other colorsplease
[10:17] {dptl} red?
[10:17] {ThurstonHowellTheThird} sorry
[10:18] {Threei} CECO
[10:18] {Threei} .65 long
[10:18] {Threei} support .50
[10:18] {Threei} watch APOL as leading indicator
[10:18] {magoo} m,issed that
[10:19] {Threei} anyone got it, so I know whether to track?
[10:19] {dptl} .67
[10:19] {GeoArb} me at 65
[10:19] {jmb} in ceco thans
[10:19] {markweb} no
[10:19] {Threei} good reflexes guys :)
[10:19] {ThurstonHowellTheThird} in ceco .65 out .80 Ty
[10:19] {GeoArb} half out .8
[10:20] {Threei} :)
[10:20] {dptl} offering .97
[10:20] {Threei} APOL sharp spike
[10:20] {Threei} dragging CECO with it
[10:20] {GeoArb} anyone still nursing TQNT?
[10:21] {Threei} yeah
[10:21] {GeoArb} k
[10:21] {dino} sgr l .50
[10:21] {markweb} y
[10:21] {Threei} if it bothers you scratch it here, no harm done
[10:21] {GeoArb} all out .86 ceco
[10:21] {Threei} I just set a stop and forgot all about it
[10:21] {GeoArb} same here
[10:21] {Threei} APOL retreat
[10:22] {jmb} out ceco thanks
[10:22] {Threei} careful dp, don't oversit it for 3 cents sake
[10:22] {Threei} jmb :)
[10:22] {GeoArb} jmb?
[10:23] {Threei} geo? :)
[10:23] {Threei} CECO over 17
[10:23] {GeoArb} oh sorry
[10:23] {dptl} ty ceco +.30
[10:23] {GeoArb} had member window open
[10:23] {Threei} no reason not to book it, APOL drops
[10:24] {GeoArb} .17 apprx TY vad
[10:24] {Threei} typical snake play
[10:24] {dptl} that was fast
[10:24] {Threei} we love fast
[10:24] {dptl} ye:)
[10:24] {Threei} instant gratification is da best
[10:26] {dino} out sgr .05, +.55
[10:26] {Threei} :)
[10:26] {judijim} no we love fast too, aapl and apol:)
[10:30] {dino} imcl l .45
[10:33] {Threei} TQNT 1:1
[10:33] {Threei} (believe it or not)
[10:34] {dino} out imcl .73, +.28
[10:34] {markweb} out TQNT +.11 Tnaks Vad
[10:34] {Threei} welcome
[10:35] {markweb} out IMCL +.25 Thanks DINOOOO!
[10:36] {dino} sm s apol .08
[10:37] {magoo} vad...is NKTR valifd still?
[10:37] {dino} stopped apol .21, -.13
[10:38] {Threei} it did lose support... but still feels like hasd a chance
[10:38] {Threei} let's re-shape it a bit
[10:38] {Threei} let's use .60 as a support for stop placement
[10:38] {magoo} well..is it a dog w/fleas?
[10:38] {Threei} if it breaks .70 take it with .59 stop
[10:39] {Threei} damage will be minimized
[10:39] {dino} np mark
[10:39] {Threei} it did consolidate above .60 for a while
[10:40] {Threei} it's in damage control mode, with new announcements; .70 is yesterday's high, and Cramer's "it's worth zero" don't materialize so far... so there is a potential for a squeeze
[10:41] {Threei} with 12-15 cents stop, I am up to give it a shot
[10:46] {dino} ctrp not moving tighten to .79
[10:49] {dino} ctrp stopped -.21
[10:50] {Threei} SNDK .11 long if holding above 27
[10:56] {markweb} u in V, Dino?
[10:56] {Threei} 1:1 in a hurry
[10:56] {Threei} half out for me
[10:56] {Threei} scalpers know what to do
[10:56] {dino} n
[10:56] {markweb} ty
[10:57] {dptl} ty sndk +.14
[10:57] {Threei} welcome
[10:57] {ThurstonHowellTheThird} +.11 ty
[10:57] {Threei} :)
[10:57] {GeoArb} out +.14 TY
[10:58] {Threei} easy money
[10:58] {dino} stalking bbby
[10:58] {GeoArb} the best kind
[10:58] {Threei} no, the best kind is easy, fast and big
[10:58] {GeoArb} hehe
[10:58] {Threei} :)
[10:58] {Threei} this qualifies as nice
[10:58] {ThurstonHowellTheThird} nktr
[10:58] {GeoArb} nktr hit
[10:59] {Threei} well NKTR... let's see if you can
[10:59] {GeoArb} stop .59?
[11:00] {Threei} yup
[11:01] {Threei} SNDK stop to b/e for the balance
[11:02] {Threei} out
[11:02] {Threei} scalpers win
[11:02] {Threei} (again)
[11:07] {dino} bbby s .03, stop hod
[11:08] {dino} apog hmmm
[11:12] {dptl} where did you get in nktr? Vad
[11:12] {Threei} .71
[11:12] {magoo} nice lord vader: )
[11:12] {GeoArb} why?
[11:13] {Threei} not yet... but getting there
[11:13] {dptl} oo,i see i got .67(to avoid line ups)
[11:13] {GeoArb} hahahaha
[11:13] {Threei} over 1:1 now
[11:13] {GeoArb} sneaky
[11:14] {GeoArb} out 80
[11:14] {GeoArb} 1:1 for me
[11:14] {dptl} offering .98....will it go there?
[11:15] {Threei} we are running at 100% today so far... I'd imagine chaeron and bruce will be mighty irritated when come in
[11:15] {dino} apog s .50
[11:15] {Threei} for sure dp... I don't know the whole number though
[11:16] {GeoArb} so how are these number targets assumed? previous res?
[11:16] {dino} bbby stopped too strong
[11:17] {dptl} had to leave in 15min com on
[11:17] {Threei} 1:2
[11:17] {GeoArb} drat scalper regret
[11:18] * magoo slaps Roman around a bit with a large trout
[11:21] {dino} ptry more pain
[11:22] {dptl} out ...+.30 ty
[11:22] {Threei} welcome
[11:22] {Threei} good job dp
[11:23] * magoo slaps Threei around a bit with a large trout
[11:23] * magoo slaps Raven around a bit with a large trout
[11:23] {Threei} what's with trout rage?
[11:23] {dptl} ty.... (good mentoring :)
[11:23] {GeoArb} magoo excite about hit rate
[11:24] {magoo} couldn't wait any longer for laserdave
[11:24] {Threei} lol
[11:24] {Threei} NKTR baby
[11:24] {Threei} squeeze'em
[11:24] {dptl} nice
[11:27] {dptl} you still in?
[11:27] {Threei} 1/4
[11:27] {GeoArb} if hes still in thats just WROOONG
[11:28] {magoo} slap him..u can do it
[11:28] {Threei} why... 1/2 at 1:1, 1/4 at 1:2
[11:28] {GeoArb} what hapenned to scalping?
[11:28] {Threei} rather normal for me when I go for a daytrade vs scalp
[11:28] {GeoArb} sniff
[11:28] {GeoArb} hehehe
[11:28] {Threei} nothing... you stinkin scalpers won on SNDK
[11:29] {GeoArb} hehehe
[11:29] {Threei} :)
[11:29] {GeoArb} its been an excellent day
[11:29] {dptl} lol
[11:29] {GeoArb} my kids can wear shoes gain
[11:29] {Threei} I'll say... 100% hit
[11:29] {Threei} and most pleasant part is, it's a slow creep up day
[11:29] {Threei} I rarely do well on those
[11:30] {dptl} got to go....have a good rest of the day.......:)and ty
[11:30] {Threei} take care dp
[11:30] * ThurstonHowellTheThird slaps dptl around a bit with a large trout
[11:30] {dptl} :)
[11:31] {magoo} bye dp
[11:32] {dino} apog stopped -.30
[11:36] {dino} imcl l .50
[11:37] {judijim} it's been a great ++ day, Jim will stay Judi off to "work" thanks everyone
[11:38] {Threei} jj :)
[11:44] {Roman}
21 hey
[11:44] {Roman}
21 Solars on radar
[11:44] {Roman}
21 US Senate passes solar, wind tax credits; faces likely veto from Bush - DJ
[11:45] {Threei} US SENATE ADDS MEASURE ON RENEWABLE ENERGY PRODUCTION TAX CREDIT TO HOUSING BILL - WIRE HEADLINE- adds amendment including solar and wind tax credits to housing bill
[12:04] {Threei} FED WAS READY TO LEND TO WALL ST FIRMS ON MARCH 14 - LETTER FROM FED TO SEN. DODD- Fed gave itself authority to lend before March 16 announcement
[12:04] {Threei} and why not
[12:18] {magoo} .
[12:20] {Threei} very fine point I'd say
[12:24] {dino} imcl stop to .87
[12:24] {markweb} out IMCL +.35 Thanks DINOO!!!
[12:25] {GeoArb} tch tch
[12:25] {GeoArb} people just keep on making money
[12:25] {GeoArb} where is the guilt? :)
[12:25] {dino} out +.37
[12:26] {dino} gj mark
[12:26] {markweb} you are.....GOOD!
[12:26] {dino} just lucky bro
[12:26] {dino} imcl pretty good range pattern
[12:26] {markweb} y u are!
[12:26] {Threei} Geo lays guilt trip on us
[12:26] {GeoArb} better luck than good hehehe
[12:27] {Threei} bleeding heart
[12:27] {dino} indeed
[12:27] {GeoArb} you can staunch that bleeed with cold cash
[12:27] {Threei} I better go outside ands hug some tree
[12:27] {GeoArb} i mean compress
[12:27] {GeoArb} :)
[12:32] {Threei} hmmm
[12:32] {Threei} while hugging pear tree, apple tree got jealous and told us to get a room
[12:33] {dino} cpla s break of .00 maybe
[12:38] {esemde} Not much help today i'm afraid....i'm outta here....see you all monday.....band trip to Chilliwack. take care all
[12:39] {Threei} take care ese
[12:39] {esemde} see ya Vad
[12:41] * Threei slaps Laserdave1 around a bit with a large trout
[12:41] {Laserdave1} relentless
[12:41] {Threei} within one minute from his joining... good reflexes Threei
[12:42] {Laserdave1} seemed like a few seconds
[12:47] {markweb} FRPT news?
[12:48] {Threei} 10:52am [FRPT] Congress receives notification of pending $125M UK Contract for Force Protection's Cougar Vehicles
[12:48] {Threei} not fresh
[12:49] {markweb} ty 10:50 was spike
[12:49] {markweb} sry 10:52
[12:53] {dino} missed cpla
[13:03] {dino} imcl s .78, stop hod
[13:07] {dino} ptry ouch
[13:42] {dino} cov imcl .47, +.31
[13:43] {markweb} gj dino
[13:44] {dino} :)
[13:44] {dino} been good to me todauy
[13:52] {dino} imcl l .50
[13:54] {dino} stop is .24
[13:58] {dino} imcl stopped -.27
[13:58] {dino} oh well
[13:59] {Threei} oh good... anti-smoking drug causes suicidal tendency
[13:59] {GeoArb} damned if you do damned if you dont (smoke)
[13:59] {Threei} I am so eager to ask big pharma to help me quit smoking
[14:00] {dino} sm risky wide, apog s .20
[14:00] {Threei} MAR MONTHLY BUDGET STATEMENT: -48.1B$ V -$70BE
[14:00] {GeoArb} maan dino is relentless
[14:00] {GeoArb} my brains fried
[14:00] {Threei} I don't have that problem geo
[14:00] {GeoArb} lol
[14:01] {Threei} I keep it firmly wrapped in foil
[14:01] {Threei} protects from overheating AND protects from aliens mind-controlling beams
[14:02] {dino} how did we miss josb short/
[14:02] {Threei} looked at it, hated how thin it was... should have mentioned it for you
[14:04] {dino} yes, you should've
[14:05] {Threei} sorry... I'll behave
[14:08] {dino} higher lows ptry
[14:14] {dino} usna
[14:14] {dino} can't borrow
[14:14] {dino} me that is
[14:18] {dino} amcn
[14:25] {markweb} Dino u in AMCN?
[14:26] {dino} n
[14:26] {dino} wanted s at .98, no go
[14:27] {markweb} ty
[14:29] {dino} hugh too thin
[14:31] {Chaeron} hi all, sorry I'm late... miss anything? :)
[14:32] {GeoArb} whos taking this?
[14:32] {dino} nope
[14:32] {dino} ostyk blood
[14:32] {dino} ostk
[14:34] {markweb} news?
[14:34] {dino} not that i can find
[14:34] {Threei} neither can I
[14:35] {GeoArb} i guess the CEO will be suing again
[14:35] {Threei} chaeron... understatement of the day
[14:35] {dino} apog bstop to b/e won't fall
[14:35] {Threei} see Geo... I tried to control myself
[14:35] {Chaeron} I bet... damn meetings
[14:35] {GeoArb} eheheh
[14:35] {GeoArb} thanks i was getting dissapointed
[14:35] {Threei} haven't jumped on chaeron listing all the trades he mised
[14:36] {Threei} well... sometimes I keep my violent instincts under control
[14:36] {Threei} not often though
[14:40] {dino} apog stopped .15, +.05 whooo hoooo
[14:41] {dino} ostk l .80, stop lod
[14:47] {GeoArb} poor PTRY
[14:48] {dino} wheres the bottom? 11.20s???
[14:48] {dino} 10?
[14:49] {GeoArb} wish i could figure that out
[14:49] {GeoArb} countertrend oflimits for me for one year
[14:49] {GeoArb} :)
[14:50] {dino} maybe .72 was it
[14:50] {dino} 'ahh, so you are a comformist
[14:51] {Threei} is coarse language allowed here?
[14:51] {dino} bruce's eqix acting up
[14:51] {Threei} where is bruce today
[14:51] {GeoArb} yup
[14:51] {GeoArb} got to work in a shirt
[14:52] {dino} but of course vad, of course
[14:52] {GeoArb} AND trousers too
[15:03] {Threei} looks to me like 11.50 will be tagged and most likely won't hold
[15:03] {GeoArb} you guys looking at PTRY?? i am tickled
[15:05] {Threei} not going to touch it personally
[15:05] {GeoArb} why?
[15:05] {Threei} not my battle
[15:05] {GeoArb} ok
[15:06] {GeoArb} i thought you would guve a setup defiency reason
[15:06] {Threei} well, there are setups
[15:07] {magoo} vad, have u listed a trade since u mentioned u were 100% ?
[15:07] {Threei} 12 break as a long would be valid one if not losing .80... 11.70 as a short if not going over .90 anymore
[15:07] {magoo} what stock?
[15:07] {Threei} but it's too distorted stock by this price shock
[15:07] {GeoArb} ok
[15:07] {Threei} talking about PTRY mags
[15:07] {GeoArb} just watching
[15:08] {Threei} if I wanted to play it I'd prefer short side
[15:08] {magoo} amex?not getting it
[15:08] {GeoArb} nice
[15:08] {Threei} hmm?
[15:08] {Threei} PTRY
[15:08] {Threei} normal nasdaq
[15:09] {magoo} not getting it
[15:09] {GeoArb} laser?
[15:09] {GeoArb} i am getting it
[15:09] {magoo} laserdave, u here?
[15:10] * Chaeron slaps Laserdave1 around a bit with a large trout
[15:10] * magoo slaps Laserdave1 around a bit with a large trout
[15:10] {GeoArb} nice little 15 cent breakdown
[15:10] {dino} fcsx hod
[15:10] {GeoArb} not entering as too extended down
[15:10] {magoo} weird vad..i get PTRY chart and lev 2, just not sdytreaming
[15:11] {GeoArb} the average volume has been 8 times
[15:11] {ThurstonHowellTheThird} did you try laser log off log on magoo?
[15:11] {Threei} there you go
[15:12] {Threei} under .50
[15:12] {GeoArb} beautiful vad
[15:12] {GeoArb} i mean your mind :)
[15:12] {Threei} thank you, not often my name and beautiful are in one line
[15:12] {Threei} they don't even exchange postcards as a matter of fact
[15:17] {Threei} power of trend eh?
[15:17] {GeoArb} yup
[15:17] {Threei} as jesse put it... no price is too high to buy or too low to short
[15:17] {GeoArb} also against NQ trend
[15:17] {GeoArb} with many times vol
[15:18] {Threei} oh, it's independent stock
[15:18] {Threei} it doesn't care about NQ
[15:18] {Threei} in its own world
[15:18] {GeoArb} just one downgrade
[15:18] {GeoArb} amaziong
[15:18] {Threei} well
[15:18] {Threei} missed earning, lowered guidance
[15:18] {Threei} downgrade is just result of it
[15:19] {GeoArb} TY vad
[15:19] {GeoArb} didnt read the previous headlines
[15:19] {dino} downgrade was a day late
[15:19] {GeoArb} yeah just saw that now
[15:19] {dino} titn
[15:19] {Threei} 04/09/08 08:16am
[15:19] {Threei} [PTRY] The Pantry Inc Guides Q2 loss of $0.24-$0.30 vs $0.17e, R $1.6-1.7B vs $2.02B, Q2 SSS -3.4% y/y
[15:19] {Threei} - Notes a $0.23/shr charge related to realized and mark-to-market losses on hedging positions.
[15:24] {dino} ostk stopped -.31
[15:34] {dino} cpla s .51
[15:34] {magoo} pretty good seell
[15:35] {Threei} FRE and FNM look seriously wounded
[15:35] {Threei} wasn't financial crisis successfully quelled by Paulson?
[15:36] {Threei} oh wait... that's what he himself said... not necessary what happened in reality
[15:41] {dino} mdvn
[15:50] {Threei} OK guys, no reason to get into any fight here
[15:50] {Threei} thank you all, have a good evening
[15:50] {Threei} see you tomorrow
[15:50] {GeoArb} ty
[15:51] {magoo} ty vad, everybody
[15:54] {dino} gn all
[15:55] {dino} cov cpla -.20

Wednesday, April 9, 2008

Apr 09 2008

Session Time: Wed Apr 09 00:00:00 2008

[08:09] {Threei} FED IS CONSIDERING CONTINGENCY PLANS TO EXPAND LENDING POWER IF STEPS TO DATE UNSUCCESSFUL - FED OFFICIAL
[08:16] {Threei} (Thomson News) The subprime crisis and its "collective bankruptcy" is not over and the framework of whole financial system, of which the rules were either "not respected," or "not strict enough" is to blame, OECD secretary general Angel Gurria said in an interview.
[08:16] {Threei} "The whole institutional chain, so well oiled, all this sophistication, which was yesterday the pride of the authorities, is to blame for this collective bankruptcy," he told the newspaper in an interview.
[08:16] {Threei} Gurria said: "The billions of dollars in losses are hallucinating. And it is not finished!" He pointed his finger at "the banks, the investment funds, intermediaries, the credit rating agencies, the insurers."
[08:17] {Threei} On Tuesday the International Monetary Fund estimated that what it termed the collective failure surrounding the US subprime home-loan crisis would cost the international financial system $945 billion.
[08:33] {Threei} NKTR
[08:33] {Threei} TERMINATES ALL NEGOTIATIONS WITH POTENTIAL PARTNERS FOR INHALED INSULIN; INCREASED NUMBER OF LUNG CANCER CASES OBSERVED IN ONGOING CLINICAL STUDIES OF INHALED INSULIN PATIENTS-Ceased all negotiations with potential partners for its inhaled insulin programs as a result of new data analysis from ongoing clinical trials conducted by Pfizer Inc. An increase in the number of new cases of lung cancer was observed in inhaled insulin patients as compared to the control group.
[08:37] {magoo} morning
[08:37] {Threei} magoo :)
[08:41] {Onix} Good morning all
[08:43] {hawkfan4} good morning
[08:43] {Threei} onix, hawk :)
[08:51] {magoo} amag pouinded vad, news?
[08:52] {Threei} downgrade to sell by Merrill Lynch
[08:53] {GeoArb} gm all
[08:53] {Threei} geo :)
[08:54] {Threei} solars strength (again)
[08:54] {cosmo} AMAG has compitition fears..
[08:54] {Threei} NKTR getting gutted
[08:58] {magoo} UPS
[09:01] {Threei} better spelled as OOPS
[09:01] {Threei} 04/08/08 05:14pm [UPS] Cuts Q1 guidance to $0.86-0.87 (had seen $0.94-0.98) v $0.94e
[09:01] {cosmo} UPS drivers need to make more right turns, and less left turns...
[09:02] {Threei} IMF ISSUE REPORT ON GLOBAL GROWTH- US likely to enter mild recession in 2008
[09:06] {Threei} today is kind of defining day for the market
[09:06] {fernp} gm
[09:06] {Threei} fernp :)
[09:07] {patience} yesterday was second lowest volume day of the year...would be nice to have some momo
[09:07] {Threei} if we hold roughly 1840 NQ support and close in green on improving volume, another "against the common sense rally" is likelt to start
[09:08] {Threei} yes... that unusually low volume was what put me on alert re: downtrend continuation
[09:08] {Threei} along the line of thinking: we sell down too shallowly and on too lttle volume on what reads as worst news ever
[09:10] {Threei} critical range lies between 1840 and 1900
[09:11] {Threei} we hold 1840, approach to 1900 and break it with better volume - I really don't see anything to keep the market from going to 2000
[09:11] {Threei} pains me to say this... but that's what charts say
[09:12] {Threei} it's all conditional of course (as it always is in trading)
[09:12] {Threei} we lose 1840 and volume picks up - downside is big
[09:17] {Threei} REMINDER: FED CHAIRMAN BERNANKE TO SPEAK ON FINANCIAL LITERACY AT 9:30AMET- there will be a prepared text; no Q&A is expected.
[09:17] {Threei} financial literacy?
[09:17] {cosmo} no child left behind...
[09:17] {Threei} and no bank left without bailout?
[09:18] {cosmo} bailouts make the world go around..
[09:18] {dptl} good morning all
[09:19] {Threei} dp :)
[09:20] {esemde} god morning
[09:20] {cosmo} i'll say..
[09:20] {Threei} ese :)
[09:21] {esemde} just thought that I would change that up a little
[09:21] {Threei} that's serious upgrade
[09:21] {esemde} I'll rephrase....good morning everyone
[09:21] {patience} morning ese :)
[09:21] {esemde} patience
[09:22] {cosmo} ese....i think one word was derived from the other.... i think
[09:22] {esemde} indeed
[09:22] {Threei} they all are cosmo... with merely 4 letters replacement you go from milk to beer
[09:22] {cosmo} but which came first...
[09:23] {esemde} ok now that hurts the brain this early
[09:24] {Threei} I still have no candidates for the opening trades
[09:24] {cosmo} AMAG pre mkt high = 39
[09:24] {cosmo} fwiw
[09:24] {esemde} ESLR....
[09:26] {markweb} good morning all
[09:26] {magoo} thats cause u been goofing off boss
[09:29] {Threei} mark :)
[09:29] {magoo} cramer post NKTR worth zero..it is avai short to laserheads
[09:29] {ThurstonHowellTheThird} gm all
[09:29] {Threei} thtt :)
[09:29] {Chaeron} let's rock..... GM alll
[09:29] {Threei} chaeron :)
[09:31] {magoo} CHEAR.EARLY
[09:31] {Chaeron} nope magoo... just in time... pick one for us
[09:31] {Threei} FED'S BERNANKE: SUBPRIME MORTGAGE WOES SHOW CRITICAL IMPORTANCE OF FINANCIAL LITERACY, DOES NOT COMMENT ON MONETARY OR ECONOMIC OUTLOOK
[09:32] {bruce} nuan possible long break candidate vad
[09:32] {dino} gm all
[09:32] {bruce} 18.80 - needs to consolidate4 a bit imo
[09:32] {Chaeron} hi dino!
[09:32] {Threei} dino :)
[09:33] {Threei} ESLR formed .50 resistance to break so fsr
[09:33] {Threei} .51 worth a try
[09:34] {Threei} stop either .39 or .34, depending on your objective
[09:35] {esemde} am thinking about it...1/2 lot
[09:35] {Threei} COIN is happy
[09:38] {magoo} eslr trigged'
[09:38] {Chaeron} in ESLR .51
[09:38] {magoo} oy me too
[09:38] {esemde} long Eslr .54
[09:39] {esemde} missed original triger
[09:39] {esemde} was looking the other way
[09:39] {magoo} i hate ESLR
[09:40] {Threei} sharp downtick market
[09:40] {bruce} stopped eslr
[09:40] {Threei} I don't see any sudden news
[09:40] {dptl} stoped eslr
[09:40] {Chaeron} me too
[09:41] {bruce} next
[09:41] {magoo} me tyhree
[09:41] {magoo} garbage stock
[09:41] {Threei} you see NQ mahgoo?
[09:41] {bruce} fmcn downspike dino
[09:41] {magoo} always lose on it ALWAYS
[09:41] {GeoArb} lol
[09:41] {Threei} this garbage stock worked like charm yesterday, and would do the same today
[09:42] {GeoArb} got stopped out too
[09:42] {magoo} not for me
[09:42] {magoo} got me monday too
[09:42] {bruce} eslr bounce candiate here vad
[09:42] {dino} watching it bruce
[09:42] {Threei} if market bounces
[09:43] {Threei} 10 piints dump in minutes
[09:43] {bruce} har too dino 1 buck downspike
[09:43] {esemde} ya whats with the down tick....that was sudden...stopped Eslr
[09:45] {bruce} l eslr .23 stop at .17
[09:46] {esemde} well that was a lesson in stops.....and the reason for using them thats for sure.....
[09:46] {Threei} what's with SYNA
[09:46] {dino} spr s .04, stop .27
[09:47] {bruce} out eslr +4c
[09:48] {Chaeron} I see no news SYNA
[09:48] {Threei} DRIV half lot long
[09:48] {Threei} stop under .30
[09:50] {magoo} where u in driv?
[09:51] {dino} zz, gti
[09:51] {Threei} .48
[09:51] {magoo} rats, .56
[09:51] {GeoArb} .49
[09:51] {Threei} wow
[09:51] {Threei} why .56?
[09:51] {Threei} it was available
[09:52] {dino} spr stopped -.24
[09:52] {bruce} lol - siren call - always available vad if you willing to pay up
[09:52] {magoo} when i noticed call
[09:52] {GeoArb} put a sound alert on vad magoo
[09:52] {GeoArb} there is no way else i notice :)
[09:52] {bruce} same as mags - near .50 when pulled it up
[09:53] {Threei} I don't get it
[09:53] {Chaeron} I saw the call as soon as it was made, but was trying to figure where you got it from Vad - didn't want to chase... by the time I figured it out, it was up 4c
[09:54] {dino} spr rinsed reload break of .00
[09:54] {dino} gti s .50 stop hod +.01
[09:54] {Threei} how do I watch 4 screens, 14 scanner windows and see practically all your questions and comments, with rare exceptions... and you miss my comments posted in color
[09:54] {GeoArb} were learning boss
[09:55] {magoo} thats why we pay u lol
[09:55] {dino} indeed
[09:55] {GeoArb} and my eyes are close and hand full of muffin
[09:55] {Threei} I just don't want you to enter that far from original price...
[09:55] {Chaeron} you have 3 eyes, remember??????
[09:55] {GeoArb} lol
[09:55] {Threei} that's respectable reason geo, can't say anything against that
[09:55] {GeoArb} iused to... miss...
[09:56] {magoo} yeah..mr magoo can't even see to find glassesf
[09:56] {GeoArb} anyone wants to know how to ut sound alert o vad lemme know
[09:56] {GeoArb} put
[09:56] {esemde} anyone figure out what the dive in the NAZ was all about
[09:56] {GeoArb} was?
[09:56] {Threei} nothing in news
[09:56] {dino} wbsn
[09:59] {Threei} NKTR doesn't really go to zero
[10:00] {Threei} WHITE HOUSE EXPECTS EXPANSION OF FHA SECURE TO HELP ABOUT 500K HOMEOWNERS BY END OF YEAR - WIRE HEADLINE
[10:00] {Threei} FEB WHOLESALE INVENTORIES: 1.1% V 0.5%E
[10:00] {Threei} - prior revised to 1.3% from 1%
[10:01] {Threei} FED'S KROSZNER: MORE SHOULD BE DONE ON HOUSING CRISIS
[10:02] {Threei} - Says lenders may need to expand principal reductions as they can be effetive, new housing actions could bolster US economy
[10:03] {dino} fmcn going to hold lod bruce?
[10:04] {bruce} dunno dino - seeing lots of erratic spikes
[10:05] {bruce} thinking break of 35.6 wprth try in fmcn
[10:07] {bruce} hmm dino - ntrs may be close to bounce
[10:09] {dino} i was thinking death
[10:09] {dino} opps wrong stock
[10:10] {dino} wbsn topped around 20.12 last time lets see'
[10:12] {Threei} DRIV stop to .34
[10:12] {Threei} it held well, now want it to break .60 for us to trail stop a bit closer
[10:13] {magoo} it did hold well
[10:13] {magoo} whats potential u think? 36 area/
[10:13] {magoo} whats potential u think? 36 area?
[10:13] {Threei} just wish it would show more willingness to break next resistancw during NQ bounce
[10:14] {bruce} fmcn long candiate now dino
[10:14] {Threei} hard to put a finger on target but if it works it looks like more than scalp
[10:15] {Threei} JACO...
[10:16] {esemde} now I know that I have read to many books on the market but this little tidbit may come in handy
[10:17] {bruce} len consolidating at double bottom dino
[10:17] {esemde} if the NAZ forms a V bottom instead of a
[10:17] {esemde} head and shoulders botom
[10:17] {esemde} it's a powerful up signal
[10:18] {esemde} Vad have you ever found that too be true?
[10:18] {Threei} not really
[10:18] {Threei} bottoms come in all forms and shapes (and first who tries to assign any other meaning to it that market bottoms get trouted)
[10:18] {esemde} point well taken.....thats why i've signed on too your trading room...
[10:18] {Threei} look at NQ daily
[10:18] {Threei} we have:
[10:19] {Threei} 1.double bottom, formed by lows at 03/10 and 03/17
[10:19] {Threei} 2. inverted cup and handle failure if you add 01/23
[10:20] {Threei} 3. inverted head and shoulder in the making
[10:20] {dino} spr bstop to .80
[10:20] {Threei} and all these patterns sxay the same thing: bottom is in
[10:20] {Threei} and you know what?
[10:21] {esemde} what
[10:21] {Threei} all this will be next to zero in value if there is no follow through
[10:21] {magoo} yep..feels like it is
[10:21] {Threei} any pattern works until it doesn't
[10:21] {dino} cov .78, +.22, reverse slip
[10:21] {GeoArb} comeon vad
[10:22] {Threei} double bottom - is it reversal pattern or just a part of inverted cup and handle in progress?
[10:22] {esemde} gotcha...........
[10:22] {GeoArb} i came here for the superlicious pattern
[10:22] {Threei} same can be said about any of them,
[10:22] {Threei} they all are not predictors,
[10:22] {Threei} they instruct us how to act
[10:22] {Threei} but do not predict outcome.
[10:22] {Threei} so, we go with those patterns that we can read and are comfortable with,
[10:23] {GeoArb} RSH breakdown?
[10:23] {Threei} put stops in place
[10:23] {Threei} and wait for the market to resolve the trade.
[10:23] {dino} nice read ntrs bruce
[10:23] {bruce} soiunds like a dairy queen specialty geo
[10:23] {Threei} This is the essence of trader's thinking
[10:23] {Threei} OK DRIV
[10:23] {GeoArb} heheh... i am in RSH btw
[10:24] {bruce} thanx dino - missed my entry
[10:24] {esemde} I have given just about all my trading books away.....
[10:24] {Threei} stop can be trailed to .39 or .45
[10:24] {esemde} only a 12 or so left......
[10:24] {Threei} and we have about 1:2
[10:24] {esemde} maybe thats still too many
[10:25] {magoo} out .70 TY vad dRIV
[10:25] {esemde} nice comeback by ESLR...
[10:25] {bruce} len dino - long candiate on .70break
[10:26] {judijim} jj ready, read previous comments this info/reminders thanks
[10:26] {Threei} jj :)
[10:26] {dino} wbsn s .08, stop hod
[10:27] {esemde} jj
[10:27] {Threei} ENTERS NEW EMPLOYMENT CONTRACT WITH JIM CRAMER
- Mr. Cramer will author articles for the company's advertising supported and paid publications including Action Alerts PLUS product.
[10:27] {Threei} - Will receive, among other things, an annual salary of $1.30M, $1.56M and $1.87M, respectively, for the three successive years agreement.
[10:27] {Threei} - Will receive a signing bonus in the amount of $100K and will be eligible for an annualized target bonus equal to 75% of salary based upon achievement of financial targets as determined b
[10:27] {Threei} TSCM
[10:27] {Threei} I am in a wrong business
[10:28] {GeoArb} vad dcc pls
[10:29] {dino} entertainment is the way
[10:29] {esemde} dunno about that dino
[10:29] {esemde} i've been in the entertainment business
[10:30] {esemde} for along time
[10:30] {esemde} am not workth millions
[10:30] {esemde} it's probably cost me to be in it
[10:31] {GeoArb} rsh finally
[10:31] {magoo} bad entry..but a pretty good exit DRIV
[10:32] {dino} tv then
[10:34] {dino} ptry blood
[10:34] {hawkfan4} solars holding strong through the selling so far
[10:37] {Threei} DOE CRUDE: -3.1M V +2.3ME; GASOLINE: -3.4M V -2.8ME; DISTILLATES: -3.69M V -1.5ME; UTILIZATION: 83% V 83%E
API:
[10:38] {Threei} anyone thinks tracking oil inventories on weekly basis is pretty much meaningless?
[10:38] {hawkfan4} {==raises his hand
[10:38] {Threei} last week crude inventory was up, this week down
[10:39] {Threei} what does it reflect but normal business volatility
[10:39] {GeoArb} hey ! it affects my beetle
[10:40] {Threei} nice RSH
[10:40] {GeoArb} Ty
[10:41] {GeoArb} paid 30 cents so far
[10:41] {GeoArb} my forst 500 lot (blushing)
[10:42] {bruce} ptry - wheres our ounce try dino - I can't read these bigspikes
[10:43] {dino} .10
[10:43] {magoo} stalking aapl and rimm..not in
[10:43] {magoo} any read vad?
[10:43] {dino} ok
[10:43] {bruce} lol
[10:44] {bruce} cool
[10:44] {dino} in sm .10
[10:44] {bruce} bidding 10 c
[10:44] {Threei} great job Geo
[10:44] {bruce} ah - mean mean 16.10
[10:45] {Threei} mags.. I want to papertrade next setup on RIMM first, to see if it restored its connection with NASDAQ
[10:45] {Threei} so far doesn't seem to be the case
[10:46] {magoo} ok
[10:46] {dino} stop .60
[10:46] {dino} out .62 +.52
[10:47] {dino} have to talk to "chuck", upslips on stops
[10:50] {bruce} len break of .60 with 9 c stop
[10:51] {dino} ntrs l .25 stop .96
[10:51] {bruce} nidce one dino
[10:52] {dino} ty, damn stop was way too tight
[10:53] {bruce} ntrs?
[10:55] {dino} in above
[10:56] {bruce} k
[10:56] {bruce} I like ntrs on a .30 brak fwiw
[10:58] {dino} gti stopped -.20
[10:58] {magoo} i hate to say it............................
[10:59] {bruce} fmcn long vcandiate on 36 break dino - stop would have to be .78 or so
[10:59] {magoo} eslr held pretty well
[10:59] {Threei} lol mags
[11:00] {Threei} I can't even begin to imagine how much it pains you to say that
[11:00] {Threei} FORMER FED CHIEF VOLCKER: FINANCIAL CRISES USUALLY DON'T HAPPEN WITHOUT UNDERLYING ECONOMIC PROBLEMS
[11:00] {Threei} no?
[11:00] {Chaeron} oh well, then that explains everything
[11:00] {bruce} apol spike dino
[11:01] {Threei} with all due respect to Volcker... I'd have to disagree
[11:01] {dino} ptry l .20, stop ..88
[11:03] {Threei} overextend credit without proper valuation of collateral, flood the market with derivatives securitizing that dubious credit, overleverage trading in those dubious securities - and you have financial crisis in the making no matter how well underlyiong economy is doing
[11:03] {magoo} aapl wants 153 RISKY..needs mkt
[11:06] {esemde} Volcker is nuts....he's got it backwards......
[11:07] {dino} rekclov?
[11:07] {Threei} oh, forgot to add... throw newly printed money into all this every time liquidity becomes an issue
[11:07] {Threei} and you have not just crisis but borderline catastrophe
[11:08] {esemde} stoke the inflation fires.......
[11:08] {esemde} and then they do something to quell inflation...weird...it's like a make work project to create a job for themselves
[11:10] {Threei} - Says US can not inflate its way out of current economic problems, warns against complacency on inflation
[11:10] {esemde} although....if i had that money printing machine......now that would be a different story
[11:11] {dino} salvation thru inflation
[11:11] {esemde} I'd inflate myself into millionaire status
[11:11] {Threei} you would me residing at your porch for weeks until you let me in
[11:11] {Threei} and I wouldn't stop at millionare :)
[11:12] {esemde} yes your right....Gordon Gecko said it right..."Greed Is Good"
[11:12] {Threei} COIN again
[11:12] {Threei} very adrenalin-packed trade
[11:12] {Threei} ugh... late
[11:13] {Threei} let's not chase it, it's beyond dangerous even with proper entry
[11:24] {dino} ptry stopped .94 -.26
[11:33] {dino} spr s .00
[11:36] {dino} fmcn
[11:40] {dino} fctr
[11:41] {dino} thin
[11:48] {dino} spr stopped -.03
[11:54] {GeoArb} out RSH 15.47 +0.55
[11:54] {Threei} wtg
[11:55] {dino} nice goe
[11:56] {judijim} good job geo
[11:57] {dino} cov wbsn .78, +.30
[11:58] {judijim} like magoo we like scalping aapl and rimm, since Jim was a former "indy"like car racer he still wants the fast rush
[11:58] {bruce} coc long break 9.15 any read vad?
[11:58] {bruce} coco
[11:59] {magoo} mkt can't get a reprieve
[11:59] {dino} ntrs last try l .25
[12:01] {dino} slow bleed
[12:01] {dino} ptry?
[12:02] {bruce} you thinking short ptry?
[12:03] {judijim} taking break, be back in hour:)
[12:03] {dino} no l
[12:03] {dino} double bottom or fall down
[12:04] {bruce} yes - would prefer to see some kind of double bottom before trying anything long
[12:10] {bruce} trying ntrs long here
[12:11] {bruce} l ntrs .32 stop at .19
[12:12] {GeoArb} off to work.... good ady.. trade well !
[12:12] {GeoArb} day
[12:13] {Threei} take care Geo
[12:22] {Threei} market starts feeling baaad
[12:24] {bruce} stopped ntrs
[12:25] {dino} at .07
[12:26] {bruce} l ptry 16.47 - stop .32
[12:28] {magoo} ESLR bounce play vad?
[12:29] {Threei} chart shows no signs of it
[12:29] {Threei} if PPT decides it's time for intervention, everything will chnage
[12:29] {Threei} but let's see it happening first
[12:30] {dino} we're only down 62
[12:30] {dino} icge
[12:30] {dino} nah
[12:31] {Threei} size of drop is not impressive, tru
[12:31] {Threei} but we are under important support
[12:31] {Threei} if we do not get back over it, it could signal beginning of unraveling
[12:32] {Threei} this is the reason for my lessened activity
[12:32] {Threei} I don't want to take longs facing possible sharp selloff,
[12:33] {Threei} and sharts as a continuation haven't really worked lately as interventions propped market right back up
[12:33] {Threei} sharts = shorts
[12:34] {dino} sharts, you know what they are?
[12:34] {magoo} silent farts??
[12:34] {dino} jack black in that something about polley movie
[12:34] {Threei} did I wake up a monster? :)
[12:34] {dino} sh#t farts
[12:34] {Threei} yes I did
[12:35] {dino} lol
[12:35] {magoo} last time i did that was the BIDU IPO
[12:36] {bruce} sropped ptry - lloks like it may bouncee here dino
[12:38] {dino} you know what i think, i think it goes to 15.40s first
[12:38] {magoo} made 11k but ruined my underware
[12:38] {dino} yeah, and his underwear is like the gals' in shallow hal
[12:40] {Threei} sigh
[12:40] {Threei} why do I keep getting all this info
[12:40] {Chaeron} more transcript editing required, Vad?
[12:43] {Threei} oh boy
[12:43] {Threei} I hate to do it... I may just skip posting it altogether, lol
[12:44] {magoo} they were the colored hanes briefs
[12:44] {dino} you need to rent that movie
[12:47] {Threei} market really froze
[12:47] {Threei} no way to tell what happens next
[12:48] {Threei} but there is always one thing to do that makes us feel better
[12:48] {Threei} and that is....
[12:48] * Threei slaps Laserdave1 around a bit with a large trout
[12:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[12:50] * magoo slaps Laserdave1 around a bit with a large trout
[12:51] {Laserdave1} thanks guys
[12:51] {Laserdave1} i love you to
[12:51] {Threei} CRUDE OIL FUTURES HIT NEW RECORD HIGH- rises above the prior peak set March 17 at $111.80
[12:51] {Laserdave1} crude crude
[12:51] {Laserdave1} do we hear $150 anyone?
[12:52] {esemde} Outta here...take care everyone
[12:52] {Chaeron} bye ese
[12:54] {dino} ceph
[12:57] {dino} ntrs stopped -.13
[12:57] {dino} -.18
[12:59] {dino} ceph s .01
[12:59] {dino} risky
[13:02] {Threei} FED PLANS TO LEND $50B IN TLSF OPERATION ON 4/10
[13:10] {bruce} sndk break of 27 - any read vad?
[13:11] {Threei} worth a try
[13:11] {Threei} stop is a bit too far
[13:11] {Threei} so cut down the size
[13:12] {Threei} also, DRIV deserves try for bounce
[13:12] {Threei} stop would be under .70
[13:12] {bruce} yes 20 c stop - would prefer smaller on it
[13:12] {Threei} yes
[13:14] {dino} bstop to .73 ceph
[13:14] {magoo} where u get DRIV this time?
[13:14] {dino} stopped +.28
[13:14] {Threei} still looking
[13:16] {Threei} if it doesn't go under .80 anymore, just buy first uptick
[13:16] {Threei} .84 - .85
[13:16] {Threei} if loses it, will re-evaluate
[13:16] {Threei} SNDK almost 1:1
[13:17] {Chaeron} in DRIV .85
[13:18] {magoo} vad driv..full lot?
[13:19] {magoo} dammit..missed
[13:19] {dptl} out driv +.12ty
[13:20] {Threei} lol... dp manages to extract profit while magoo debates size... that's not you mags, you are faster than that
[13:22] {Threei} bruce, you booked SNDK yet?
[13:24] {bruce} yes - out w.20 vad
[13:24] {bruce} was nervous abpouttaking it
[13:24] {Threei} :)
[13:25] {Threei} what could make one nervous about making money
[13:25] {Threei} I need to ponder this... kind of novelty concept for me :)
[13:25] {bruce} doesn't move all that much - prefer smaller stop in stock like that
[13:26] {Threei} oh, you mean about entering
[13:26] {Threei} I thought "taking" as in taking profit
[13:26] {bruce} heck - love boking profits
[13:26] {Threei} OK{ my world is whole again :)
[13:27] {dptl} low volume today again
[13:28] {Threei} a bit better than yesterday though
[13:29] {dptl} well not in qqqq
[13:30] {Threei} in QQQQ too... 86,434 for the whole day yesrday,
[13:31] {Threei} 73,149 today, and we have 2 and half hours to go
[13:31] {Threei} DRIV 1:1
[13:32] {magoo} higher volume down day not bode well for rally theory
[13:32] {Threei} no, unless we manage to get back to yesterday's close
[13:33] {dptl} got to leave early.......have a good rest of the day all see ya tomorrow:)
[13:33] {Threei} take care dp
[13:33] {magoo} bye pd
[13:34] {Chaeron} dptl - booking profits and leaving before close? Is that allowed?
[13:34] {Threei} not really
[13:34] {magoo} really showing me up :)
[13:34] {Threei} one must give it all back before eod
[13:34] {Chaeron} oh ok........
[13:35] {Threei} it's daytrading, rfemember? we must be net neutral
[13:35] {Threei} flat at the end of the day in all senses of the word
[13:35] {Chaeron} wishing my tummy was flat.......
[13:36] {Threei} mine is flat... I just wish it was closer to my spine
[13:36] {Chaeron} lol
[13:44] {bruce} wow - quite a drop in ceph dino
[13:45] {Threei} chaeron, booked DRIV yet or trying for more?
[13:45] {judijim} did aapl scalp hit 152 +.17
[13:46] {Chaeron} holding for more as market tries a bit for less of a down day...
[13:46] {Threei} nice little C&H on 1 min, jj
[13:46] {Threei} a bit for less of a down
[13:46] {Threei} I will have to ask your permission to borrow that chaeron
[13:47] {Chaeron} anytime
[13:48] {Threei} a tad of less of a large chunck of little gain amidst bigger drop within small retreat
[13:49] {bruce} ntrs looking long here
[13:53] {magoo} u been on with ntrs?
[13:56] {bruce} stopped twice in it mags
[13:57] {Threei} FDIC'S BAIR SAYS PROPOSAL WOULD PROVIDE LIQUIDITY IN MORTGAGE LENDING
[13:58] {magoo} ok bruce..ty
[13:59] {Threei} ESLR looks wort a try
[13:59] {patience} vad, please, please can i have some momo and a bit of europhoria or heavy capitulation
[13:59] {Threei} stop under 11
[13:59] {Threei} coming right up patience
[13:59] {patience} great, this month's winnings are a little low
[14:00] {magoo} ok, where u in ESLR..i got .11
[14:00] {judijim} bruce, ntrs made a nice l play, we missed but still did what you thought
[14:00] {judijim} gj bruce
[14:01] {Threei} same mags
[14:01] {magoo} ok :)
[14:01] {magoo} thought i was late
[14:01] {Threei} no, you redeemed yourself in a role of lightningly fact cobra
[14:01] {dino} ptry l .55
[14:01] {Threei} fast
[14:01] {magoo} aaaaaaahhhhhhhhhhhh
[14:02] {dino} partial
[14:03] {dino} dwsn l sm .21
[14:06] {bruce} k judi - thanx - still working on reading these reversals - haveway to go
[14:12] {bruce} spike on mtl dino - a bit pricey for my tatstes though
[14:13] {dino} hmmm
[14:14] {dino} missed it
[14:15] {Threei} if NQ loses 1825, no longs
[14:16] {dino} v sm s .50
[14:27] {Threei} volume almost caught up with yesterday's, and still good chunk of time to go
[14:27] {Threei} not good for the market
[14:38] {dino} cov mtl 142.30, +1.20 sm, ty bruce
[14:38] {bruce} nice one dino
[14:40] {dino} sm l amag .93
[14:40] {dino} stop lod
[14:43] {Threei} FED'S FISHER: HE IS 'NOT AGAINST' CUTTING RATES, PREFERS WORKING ON LIQUIDITY MEASURES, CUTTING RATES RISKS INFLATION - Q&A COMMENTS
- Notes demand for energy, food, ethanol pushing up prices, inflationary impulses are different today
[14:43] {Threei} - Says Fed rate cuts not having intended effect, and fears inflation will rise as economy rebounds, efficiency of rate cuts is questionable
[14:43] {Threei} - Notes money supply measures 'pretty stout' recently
[14:43] {Threei} - Adds that weak period in the economy may be longer than expected
[14:43] {Threei} - Expects c
[14:44] {Threei} - Expects changes in Fed oversight of institutions that borrow from it; Notes that if the Fed is lending money to an institution, Fed needs to have information about that firm
[14:44] {Threei} novelty concept eh?
[14:55] {Threei} ESLR failed
[14:56] {Chaeron} yeah... was stopped out for .03... oh well
[14:59] {dino} us too
[15:01] {judijim} calling it a day, great day, good scalps with good stops too, +1.30:) Be back Thursday for short day
[15:01] {dino} gj
[15:01] {Chaeron} short day??? geeesh, I wish I had those hours :)
[15:05] {Threei} wtg jj
[15:08] {Threei} GOOG spike
[15:08] {dino} fmcn
[15:09] {Threei} IN TALKS TO CARRY SEARCH ADS FROM GOOGLE - WSJ- Yahoo talks with Google will involve short-term test{GOOG}
[15:10] {Threei} RIMM long with stop under .50
[15:11] {Threei} in
[15:12] {magoo} where?
[15:12] {Threei} .62
[15:14] {Chaeron} dang - missed... great job 3i
[15:14] {Threei} out half
[15:15] {Threei} +.32
[15:16] {Threei} stop is negligibly small, going to get greedy on this one
[15:17] {magoo} OY..me too
[15:17] {Threei} protected half mags?
[15:18] {magoo} yep 1178
[15:18] {magoo} sigh 118
[15:19] {Threei} good exit
[15:23] {ThurstonHowellTheThird} dino/bruce: CERN reversal?
[15:25] {ThurstonHowellTheThird} Xnay
[15:25] {Threei} go RIMM, my boy, redeem your lukewarm performance of late
[15:26] {magoo} tough right hrere
[15:27] {Threei} we have 60 cents here
[15:27] {Chaeron} well magoo, see what happens when I miss RIMM?
[15:27] {Threei} we need to pay him to stay away from it, mags
[15:28] {Chaeron} a %age?
[15:28] {Threei} that's how I understand what he is hinting at
[15:28] {Chaeron} I really wasn't
[15:28] {Threei} yeah yeah
[15:28] {Chaeron} just double up on the ones I miss
[15:28] {Threei} and send you half
[15:28] {Chaeron} you keep insisting....
[15:28] {magoo} or vad, dcc me..make call and we go opposite him
[15:28] {Threei} hehe
[15:29] {Chaeron} want to see two guys sell RIMM at market faster than the speed of light?
[15:29] {Threei} move you lazy berry
[15:29] {Threei} lol chaeron
[15:29] {Threei} good one
[15:29] * Chaeron long RIMM @ .12...... teasing
[15:30] {Threei} what do you know, he did it
[15:30] {Threei} what power
[15:31] {Chaeron} yeah but did you flip and short?
[15:32] {Threei} no
[15:32] {magoo} do NOT play with such power
[15:32] {Threei} I decide to see if I can overcome your curse
[15:32] {magoo} like ron reagon joking to nuke soviet union
[15:32] {Chaeron} lol
[15:33] {dino} grrrr missed the fmcn bruce
[15:36] {Threei} well Chaeron... you are strong... I am stronger :)
[15:36] {Threei} out almost all +.90
[15:36] {magoo} power of combined greed vad
[15:36] {Threei} got just 100 left
[15:36] {Chaeron} nice job Threei
[15:37] {Chaeron} sad I missed
[15:37] {Threei} yeah, that eas rare chance to play this stock with such tight stop at such favorable moment
[15:37] {Threei} GOOG/YHOO gave some enthusiasm to the market sitting at the low
[15:38] {Threei} and RIMM mercifully waited for us to enter
[15:38] {Threei} instead of just spiking right away with those
[15:38] {magoo} out some more .43
[15:39] {Threei} you may remember yesterday's play on RIMM, for a nice gain as well
[15:40] {Threei} but honestly, that one was more of luck
[15:40] {Threei} RIMM wasn't obeying yesterday to the degree that would allow me to take credit
[15:40] {Threei} this one is deserved profit
[15:40] {Threei} ideal conditions for entry
[15:42] {magoo} aall that paper trading
[15:42] {Threei} was worth it eh?
[15:43] {Threei} to take a buck or not
[15:44] {magoo} out .62 rest
[15:44] {magoo} TY
[15:44] {Threei} welcome sir
[15:44] {magoo} u got 100 left?
[15:44] {Threei} yeah
[15:45] {magoo} where a reload ?
[15:45] {magoo} .33?
[15:45] {Threei} mostly because I am not likely to take any more trades today
[15:45] {Threei} gotta entertain myself for 15 more minutes
[15:45] {Threei} I've no idea mgs
[15:45] {Threei} why do you need it really
[15:47] {magoo} greed
[15:48] {Threei} well
[15:48] {Chaeron} and to pay my %age
[15:48] {Threei} look at it this way
[15:48] {Threei} you got a dollar gain with about 15 cents risk
[15:48] {Threei} very volatile stock on a very tough day
[15:48] {Threei} is there any necessity to go to the well once too many?
[15:55] {Threei} ok... out last portion
[15:55] {Threei} enough is enough
[15:55] {Threei} thank you all
[15:55] {Threei} have a good evening, see you tomorrow
[15:58] {dino} ptry stopped sm -.30
[16:01] {magoo} ty vad

Tuesday, April 8, 2008

Apr 08 2008

Session Time: Tue Apr 08 00:00:00 2008

[08:29] {esemde} knock knock....anybody home?
[08:29] {Threei} no
[08:29] {Threei} Good morning though :)
[08:30] {esemde} am up early with you Vad
[08:30] {Threei} not much is happening
[08:31] {esemde} yes i read my Barcharts US morning call.....
[08:31] {Threei} IDMI
[08:31] {Threei} WINS DEPARTMENT OF DEFENSE GRANT TO DEVELOP A STABLE, PATCH-BASED ANTHRAX VACCINE
[08:32] {esemde} and NVLS rallied 19% after yesterdays trading
[08:32] {Threei} 03:27am [NVLS] Guides Q1 EPS $0.15-0.17 v $0.25e, R $315-325M v $319.5Me
[08:32] {esemde} sorry that was VRSN not NVLS
[08:33] {Threei} 04/07/08 04:10pm [VRSN] Names new CFO, sees meeting or exceeding prior guidance for Q1 2008
[08:33] {esemde} yes NVLS lowered it's guidance....it will probably get hammered
[08:34] {esemde} are you using your exercise room much these days?
[08:35] {Threei} not much, trying to walk outside more as weather allows
[08:36] {esemde} good plan........
[08:37] {Threei} 07:01am [RGEN] Settles Orencia lawsuit with Bristol-Myers Squibb, receives $5M payment
[08:39] {Threei} read that article yesterday ese
[08:39] {Threei} your guys/gals hit it big :)
[08:39] {esemde} Ithougt it was OK
[08:39] {magoo} morn
[08:39] {esemde} It was fun reading about Jena hanging with all those hollywood types
[08:39] {Threei} magoo :)
[08:40] {esemde} mags
[08:40] {Threei} RGEN nice pullback from highs
[08:40] {esemde} whe went to a party with Bruce Willis and Demi Moore after the screening of Flawless
[08:44] {magoo} ntri gaps vad
[08:44] {magoo} GRMN gaps down
[08:44] {magoo} grmn 3 points
[08:44] {Threei} 08:00am [NTRI] Guides Q1 R $216M v $202.9Me
[08:45] {esemde} even in tough times people have to stay thin....
[08:47] {esemde} eat healthy.......
[08:47] {esemde} however....with no money it's gonna happen anyway
[08:48] {Threei} lol
[08:48] {esemde} staying thin that is...
[08:49] {magoo} news grmn vad??
[08:50] {Threei} 07:28am [GRMN] Soleil Securities Cuts GRMN to Hold from Buy
[08:50] {Threei} 02:06am [TOM2.NV] Guides Q1 Rev €260-270M v €329.5Me, sees 2008 R €1.8-2.0B v €2.15Bemore.. - Sees 2008 Op margin of 20%, gross margin of 40%.(related: GRMN )
[08:51] {magoo} ty
[08:56] {esemde} well it's earnings season coming up....should be another zoo
[08:56] {dptl} good morning all
[08:57] {Threei} dp :)
[08:57] {esemde} dp
[08:57] {dptl} :)
[08:58] {esemde} hows the mainland......my high school R&B band has shows in Chilliwack and Hope on Friday
[08:58] {esemde} Festival show on Saturday night in Chilliwack....you should come
[08:59] {dptl} it's all good in here...weather is also good last couple of days...
[09:00] {Threei} RGEN, if breaks 7... maybe
[09:00] {fernp} gm
[09:00] {Threei} fernp :)
[09:01] {esemde} fern
[09:01] {Threei} COGO
[09:01] {Threei} WINS US$10 MILLION AGREEMENT WITH ZTE TO SUPPLY TELECOM SOLUTION
[09:02] {Threei} TIVO
[09:02] {Threei} SIGNS LICENSING AGREEMENT WITH GEMSTAR
[09:03] {magoo} AAPL downgrade vad this morn
[09:03] {magoo} its up pretty good last few sessions
[09:04] {Threei} with RIMM getting slapped and market sliding... hard to imagine AAPL holding up
[09:05] {magoo} my thoughts too
[09:07] {Threei} will keep an eye on NVLS for short
[09:07] {Onix} Good morning pilgrims
[09:07] {Threei} onix :)
[09:07] {magoo} where aapl short entry iyo?
[09:08] {Threei} don't have any
[09:08] {esemde} onix
[09:08] {magoo} hurry up and figure it out hhe hre
[09:09] {esemde} NUAN.....
[09:10] {Threei} 08:04am [NUAN] Acquires eScription for $363M; Sees deal accretive to FY08 EPS by up to $0.03/share
[09:10] {GeoArb} gm
[09:10] {Threei} REAFFIRMING FORECAST ON CONFERENCE CALL
[09:10] {Threei} Geo :)
[09:11] {dino} gm all
[09:11] {Threei} dino :)
[09:12] {esemde} dino....."whats the buzz tell me whata a happinin"..."whats the buzz tell me whata a happinin"....JC Superstar
[09:13] {Threei} JC Superstar... high school years... :)
[09:13] {Threei} ese always sends me down memory lane
[09:13] {esemde} definately......
[09:14] {esemde} or shall I say indeed
[09:14] {Threei} indeed you shall
[09:17] {dino} ese, easy on the coffee
[09:17] {Threei} WM
[09:17] {Threei} TO RAISE $7B TO STRENGTHEN CAPITAL POSITION, CUTS DIVIDEND TO $0.01 FROM $0.15/SHARE
[09:17] {dino} i see greenspan whining, none of this my fault
[09:19] {Threei} WM long and confusing article
[09:19] {Threei} generally feels bad
[09:20] {magoo} probably people have Bear fear
[09:22] {Threei} NVLS bids disappear
[09:23] {Threei} would like to see some bounce
[09:23] {markweb} good morning all
[09:23] {Threei} mark :)
[09:23] {markweb} :)
[09:25] {esemde} just went to get another cup dino....
[09:26] {esemde} and a hypodermic needle to inject in in there
[09:27] {dino} getting one myself (the cup that is)
[09:29] {Threei} going to try RGEN .75 if metls down and holding above .50
[09:30] {magoo} full?
[09:30] {Threei} gotta see if spread become better after open
[09:33] {Threei} NVLS .45 short if stays below .60
[09:34] {bruce} stopped nvls - that was quick
[09:36] {dino} psti again
[09:39] {dino} dug l .20, stop .98
[09:39] {Threei} AGEN lost its mind
[09:40] {magoo} news?
[09:40] {Threei} 06:10am [AGEN] Wins approval for Oncophage cancer vaccine in Russia
[09:42] {dino} ojn cnbc at 6:30 am
[09:44] {dino} dug stopped -.22
[09:45] {bruce} stopped edug
[09:46] {Threei} out NVLS +.20
[09:50] {Threei} EFUT
[09:50] {Threei} TO ACQUIRE PROADVANCER SYSTEMS INC.
[09:50] {esemde} long ESLR full lot 10.76....
[09:51] {esemde} need help from the NAZ though
[09:53] {Chaeron} GM all
[09:54] {Threei} chaeron :)
[09:54] {magoo} (: reahc
[09:54] {Chaeron} lol
[09:55] {esemde} CH BABY!!!!!!!!!!
[09:55] {Chaeron} hola ese
[09:55] {dino} rick l .00, stop .73
[09:55] {Chaeron} did I miss much?
[09:55] {dino} thin
[09:56] {esemde} not much....not that big of a day
[09:56] {Threei} FSLR and SWIR at highs
[09:56] {esemde} odd litle thing here and there but thats about it
[09:56] {Threei} solars may gain strength if those two continue
[09:57] {Chaeron} solf
[09:57] {Threei} SOLF, JASO, ESLR, EMKR
[09:57] {Threei} ususal suspects
[09:58] {Threei} FSLR UPDATE: ADDED TO BEST IDEAS LIST AT CANACCORD (PRE-OPEN)
[09:59] {Threei} little explosion FSLR
[10:00] {Threei} FEB PENDING HOME SALES: -1.9% V -1.0%E
[10:03] {Threei} RGEN 6.20 long with stop under 6.10
[10:06] {Threei} RIMM short with stop above 119
[10:06] {Threei} see where this spike tops out
[10:06] {dino} rick stopped -.27
[10:07] {bruce} same dino
[10:07] {Threei} .90 so far... too close to previous resistance to trail stop IMO
[10:08] {magoo} i do not like shorting rimm if IF market bounces up vad
[10:08] {dino} psun s .31, stop .61
[10:08] {Threei} cover half RIMM here
[10:08] {Threei} stop to .91
[10:08] {magoo} oh shit..u in already..sorry
[10:08] {Threei} ?
[10:08] {magoo} [10:08] {magoo} i do not like shorting rimm if IF market bounces up vad
[10:08] {magoo} [10:08] {dino} psun s .31, sto
[10:09] {Threei} you didn't think I would chase 30-40 cents down, did you
[10:09] {dino} atac s .48, stop hod
[10:09] {magoo} my fault
[10:09] {magoo} was watching RGEN
[10:09] {magoo} in btw
[10:11] {esemde} Out ESLR 11.01 +.30
[10:11] {Threei} wtg
[10:12] {esemde} tks
[10:13] {esemde} am now looking at RGEN
[10:13] {esemde} looks like the same setup as KLAC yesterday
[10:15] {Threei} 1:1 RGEN
[10:16] {esemde} GJ Vad
[10:16] {Threei} ty
[10:16] {Threei} close to 1:2, not sure if it has [ower to break .40
[10:18] {Threei} watching SYNA for pullback
[10:18] {Threei} want long closer to .40
[10:19] {dino} fcsx l .30, stop .73
[10:20] {bruce} fcsx staqtting to look like short candiate dino
[10:20] {esemde} was there news on NUAN today anyone
[10:21] {dino} maybe so bruce, hard stop let it play
[10:21] {dino} its' a pulp one
[10:22] {Chaeron} 04/08/2008 08:37 AM Nuance To Acquire eScription For About $363 Million
[10:23] {bruce} missed it - assuming you referring to 29.30 entry and was eay pat that when I saw it
[10:23] {Threei} [09:10] {Threei} 08:04am [NUAN] Acquires eScription for $363M; Sees deal accretive to FY08 EPS by up to $0.03/share
[10:23] {dino} stop to .24
[10:23] {dino} to .35
[10:24] {dino} out .35, +.35
[10:24] {magoo} u in SYNA vad?
[10:24] {Threei} covered BVLS way too soon
[10:24] {Threei} [10:18] {Threei} watching SYNA for pullback
[10:24] {Threei} [10:18] {Threei} want long closer to .40
[10:24] {magoo} did u get it?
[10:25] {Threei} you joking?
[10:25] {magoo} no
[10:25] {bruce} nice one dino
[10:25] {Threei} lowest it went since the post was .63
[10:26] {dptl} ty rgen Vad
[10:26] {bruce} layn dino
[10:26] {Threei} welcome
[10:28] {judijim} jj signing in, good morning all
[10:28] {dino} missed layn l at 39, kicking myself
[10:29] {dino} pozn drop
[10:31] {Threei} morning jj
[10:34] {Onix} too late for SYNA Vad?
[10:35] {dino} fcsx ugh
[10:36] {dino} layn where bruce? 42.64ish?
[10:37] {bruce} I think layn will kep trying long for a bit - and will take time for longs to get discouraged
[10:37] {bruce} just watching for now
[10:38] {dino} :) you really put thought into this stuff
[10:38] {dino} ctxs
[10:38] {bruce} meli spike dino
[10:39] {dino} tough, imo
[10:40] {bruce} k
[10:40] {dino} ctxs one more spike
[10:40] {dino} waiting .38
[10:41] {bruce} agree on ctxs
[10:42] {dino} gtls
[10:45] {Threei} BSC
[10:45] {Threei} COMPLETES SHARE EXCHANGE TRANSACTION WITH JPMORGAN CHASE- JPMorgan Chase purchased 95 million newly issued shares of Bear Stearns common stock, or 39.5% of the outstanding Bear Stearns common stock after giving effect to the issuance, in exchange for 20,665,350 shares of JPMorgan Chase common stock.
[10:45] {dino} bsc no more
[10:46] {Threei} yeah, that seems to be the end of saga
[10:46] {Chaeron} ah, the circle of life...
[10:47] {Threei} wow ESLR
[10:48] {dino} the circle....i like that
[10:49] {dino} jrjc l .50, stop .18
[10:50] {bruce} ctxs nears entry dino
[10:52] {dino} y
[10:52] {bruce} volume steady - no psike in it yet
[10:53] {dino} over?
[10:54] {dino} damn
[10:56] {dino} ctxs s .80
[10:57] {dino} gtls s .35, stop hod
[11:01] {dino} gtls stopped -.32
[11:01] {bruce} yeah - sucks
[11:01] {dino} rinsed
[11:02] {bruce} yeah
[11:02] {dino} back to entry sheesh
[11:02] {bruce} may well be end of its move higher here
[11:04] {dino} most likely, little son of a
[11:04] {dino} cpla
[11:05] {dino} gtls would've, too tight
[11:07] {Threei} NTRI just won't let go
[11:07] {bruce} hmm - you thinking long reversal cpla? - still looks short imo
[11:08] {dino} arac stopped -.08
[11:08] {dino} cpla waiting sm 57.40
[11:10] {dino} ctxs stopped -.35
[11:10] {dino} wow, i pretty much suck today. taking break
[11:11] {dino} spiking me out all over, then dropping
[11:12] {bruce} probably me jinxing your plays dino
[11:12] {dino} psun to b/e
[11:12] {dino} no bruce, i am responsible for any trade i take, nobody else
[11:18] {dino} cbey
[11:21] {dino} atrtc
[11:22] {magoo} laser, u here??
[11:22] {bruce} stopped atac
[11:22] {Laserdave1} sure am
[11:25] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:25] {Chaeron} don't sneak in again
[11:26] {dino} cpla l .20
[11:26] {Laserdave1} i was hoping for a beer or lunch
[11:26] {dino} me too
[11:26] {Laserdave1} well i guess that trout is kinda lunch in a way:)
[11:27] {dino} psun bstop to .18
[11:29] {bruce} ehth dino
[11:30] {Threei} RIMM long .70
[11:30] {Threei} if stays above .50
[11:31] {dino} psun stopped .18, +.13
[11:31] {dino} ehth expands to china
[11:32] {dino} i like it short anyway
[11:32] {bruce} yeah - same for psun
[11:33] {bruce} you didn'tstop out out in atac?
[11:33] {dino} y see above .57
[11:33] {Threei} stopped RIMM
[11:34] {bruce} k - didn'tnotice - my stop was way bigger
[11:35] {dino} more shares today, so tighter
[11:35] {esemde} have a great all...i'm outta here
[11:35] {Threei} take care ese
[11:35] {dino} cya es
[11:35] {Chaeron} hasta ese
[11:39] {Threei} last try on RIMM: short .29
[11:39] {Threei} stop .51
[11:39] {Threei} if this one doesn't work, leaving RIMM alone
[11:40] {dino} fmcn
[11:41] {Threei} time for rug to be pulled from under the market
[11:42] {Chaeron} in RIMM s .26
[11:42] {dino} s ehth .88
[11:42] {dino} partial
[11:43] {judijim} RIMM schizoid personality disorder.....
[11:43] {Chaeron} and that's from a professional
[11:43] {Threei} yes... but market looks ready for freefall
[11:43] {Threei} and RIMM is not likely to hold against it
[11:44] {Chaeron} RIMM 1:1
[11:44] {Threei} yeah, touched
[11:44] {dino} fmcn l .20, stop .93
[11:44] {Threei} trailing to .41 RIMM
[11:48] {Threei} come on market, die
[11:49] {dino} ehth dieeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
[11:49] {dino} sorry, lost my head
[11:50] {Threei} dunno about EHTH but you scared the living daylight out of me
[11:50] {Threei} finally RIMM
[11:50] {Threei} 1:2
[11:51] {Threei} covering +.60
[11:51] {Threei} .70, sorry
[11:51] {Threei} math is as always...
[11:52] {magoo} nice vad:)
[11:52] {Threei} ty
[11:52] {magoo} covered
[11:52] {magoo} so glad we are NOT done with it too
[11:52] {judijim} RIMM was good, tx vad
[11:52] {magoo} [11:39] {Threei} if this one doesn't work, leaving RIMM alone
[11:52] {Chaeron} +.44 here... many thanks Vad
[11:53] {Threei} welcome guys
[11:54] {dino} ehth bstop to .48, ty bruce
[11:57] {bruce} good one dino - missed enty in it
[11:57] {bruce} congrats
[11:57] {dino} to .24
[11:58] {dino} you can spot them
[11:59] {dino} cov. out .19, +.69
[11:59] {dino} ty man, owe you a brew (again)
[11:59] {dino} fmcn stopped -.25
[12:03] {judijim} taking break, be back soon
[12:07] {dino} srdx strange, thin
[12:11] {dino} gtls hod
[12:13] {bruce} broke high - ne3w one set gtls dino
[12:13] {dino} ?
[12:14] {dino} cpla dstop to .54
[12:19] {bruce} fcsx strating to look like short candiate dino
[12:19] {dino} could be double top bruce
[12:19] {dino} gtls i mean\
[12:20] {dino} fcsx dk, i watch for a bit
[12:20] {bruce} agreed - gtls worth try now
[12:21] {dino} sm, l fmcn .00, last try
[12:23] {dino} cpla to .64
[12:28] {dino} out cpla ave .60, +.40
[12:29] {GeoArb} i would like everyone to know i took stupid chasing trades and got reamed for -250 in the morning
[12:29] {GeoArb} hence was quiet :)
[12:29] * ThurstonHowellTheThird slaps GeoArb around a bit with a large trout
[12:29] {GeoArb} vads RIMM saved my behind and am almost black now
[12:29] {Chaeron} your sins are forgiven... go in peace my son....
[12:29] {Chaeron} all better now tho Geo?
[12:29] {GeoArb} ahhh
[12:29] {GeoArb} off my chest
[12:29] {ThurstonHowellTheThird} lol
[12:29] {Threei} lol chaeron
[12:30] {Threei} you know all those cases when I say "don't chase"... and stock just continues going
[12:30] {Threei} minute you decide to chase, guess what happens
[12:30] {GeoArb} and off course after shaking me out it continued
[12:31] {Threei} of course'
[12:31] {Threei} there is a good reaaon for it
[12:31] {Threei} so just don't
[12:31] {Threei} you missed it, you missed it
[12:31] {Threei} market is not closing tomorrow
[12:31] {Threei} another bus is around the corner
[12:32] {GeoArb} sniff
[12:33] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[12:33] {ThurstonHowellTheThird} hey, what was that for?
[12:33] {dptl} just woke up again:)
[12:34] {Threei} and that's how you act when you wake up?
[12:34] {Threei} (poor wife)
[12:34] {ThurstonHowellTheThird} lol
[12:34] {dptl} lol
[12:37] {ThurstonHowellTheThird} looks like it is lunch time-coma time, I think I'll go workout and come back---please feel free to continue trading :)
[12:38] * ThurstonHowellTheThird slaps dptl around a bit with a large trout
[12:39] {dptl} :)
[12:41] {dino} 2 o'clock, thtt, need to let the hot wings settle
[12:41] {dino} gtls trying to break out
[12:41] {dino} wow layn
[13:03] {bruce} gtls looking short dino
[13:07] {dino} think we missed it
[13:08] {bruce} yeah
[13:11] {Threei} RIMM... veru discretionary trade, long on .50 break
[13:11] {Threei} take it at your own discretion
[13:12] {Threei} looks good but a lot of such didn't work lately
[13:26] {dino} apei sm s .95, stop hod
[13:28] {dino} ctsx s .90, stop .13
[13:40] {Threei} DYII
[13:40] {Threei} REPORTS Q4 EPS $0.29 VS -$0.01 Y/Y, R $21.1M VS $9.3M Y/Y (NO EST), ANNOUNCES 2M SHARE BUYBACK(12.5% OF SHARES OUSTANDING)
[13:45] {dino} jrjc stopped
[13:47] {Threei} who wants adrenalin injection, look for DYII entry around here
[13:47] {Threei} not for faint heart
[13:49] {bruce} br bigspike down dino
[13:50] {dino} sANDP CUTS OUTLOOK TO NEG
[13:50] {dino} opps
[13:50] {dino} 14.80s
[13:53] {GeoArb} %$%#%^ RIMM
[13:53] {GeoArb} of course i had taken my stop
[14:00] {Threei} MINUTES OF MARCH 18 FOMC MEETING: JUDGED A CONTRACTION IN GDP IS 'LIKELY', INFLATION DATA 'DISAPPOINTING'
[14:02] {Threei} - Most officials see inflation moderating in late 2008 and early 2009, though 'proloinged and severe economic downturn' possible, yet greated uncertainty about inflation outlook
[14:02] {Threei} - FOMC says calibrating policy was 'difficult', and economy activity may shrink in 1H08
[14:02] {Threei} - OFFICIALS JUDGED A CONTRACTION IN GDP IS 'LIKELY'
[14:05] {bruce} ntrs possible reversal here dino
[14:07] {dino} y
[14:10] {bruce} also fre
[14:11] {Onix} All sounds quite negative hey Vad?
[14:11] {Threei} - FOMC says calibrating policy was 'difficult', noting monetary policy alone can not fully address the problems in housing and financial markets.
[14:11] {Threei} - the dissenters, Plosser and Fisher, favored less aggressive cut; Fisher wanted to target liquidity.
[14:11] {Threei} - On March 10, some Fed officials raised concerns about the TSLF precedent.
[14:11] {Threei} yeah, darkness upon us
[14:14] {Threei} YEESSSSS!!!!
[14:14] {Threei} US TREASURIES PAULSON SAYS LONG TERM US ECONOMIC FUNDAMENTALS ARE STRONG
[14:14] {Chaeron} "Happy days are here again....!!!"
[14:14] {Threei} all is well again
[14:16] {Threei} RIMM is till up 2 bukcs, believe it or not
[14:16] {Threei} huge disconnect... that's why it became so hard to trade
[14:16] {Threei} was our pet for a long while
[14:16] {Chaeron} so it's all ok now? I can come out and play hard?
[14:16] {Threei} misbehaves these days
[14:17] {GeoArb} oh behhhhavvvveee
[14:17] {Threei} lol
[14:19] {Threei} Paulson had this to add:
[14:19] {Threei} - Says economy is going through ups and downs
[14:19] {Threei} - Notes that is very clear that the strong dollar is in the US interest
[14:19] {Threei} - Adds that economic fundamentals to reflect in dollar valuation
[14:19] {Threei} I am about to faint
[14:19] * Chaeron passes smelling salts
[14:19] {GeoArb} you should charge everyone in canadian dollars
[14:21] {GeoArb} what?
[14:21] {GeoArb} no trout?
[14:21] * magoo slaps GeoArb around a bit with a large trout
[14:21] {dino} layn s .33, stop hod
[14:21] * GeoArb slaps GeoArb around a bit with a large trout
[14:22] {Threei} I am still juggling between loonie, peso and mongol tougricks, geo
[14:23] {Threei} but hey... paaulosn may have me to reconsider
[14:23] {Threei} paulson
[14:27] {magoo} aapl or rimm bounce vad??
[14:28] {Threei} both spiked quite sharply off the bottom
[14:28] {Threei} you want to chase into such vertical move?
[14:28] {dino} layn stopped -.32
[14:29] {bruce} -33 stopon layn
[14:31] {dino} sorry, saw a range of .98-.35
[14:31] {dino} spikes killing me today
[14:32] {bruce} I saw same range - thought it was worth try
[14:33] {dino} strange day
[14:34] {bruce} tough one - psun is only trade that worked for me so far
[14:34] {dino} 4 wins 8 losses, odds are w/me
[14:34] {Threei} notice volume on NASDAQ dino, bruce?
[14:35] {dino} average
[14:35] {Threei} on NQ, seriously below
[14:36] {bruce} don't have nas va - usingq's - can se mnarrow range day
[14:36] {Threei} Q's volume is lower too
[14:36] {dino} then turn it up vad
[14:37] {Threei} I'll wait on the shore, thank you :)
[14:38] {Threei} CPSL
[14:38] {Threei} HEARING CHATTER CIRCULATIONG RAGARIND A POSSIBLE CONTRACT WITH ARCELOR MITTAL
[14:39] {dino} ntrs l .70, stop .44
[14:46] {dino} ctsx bstop to b/e thing won't move
[14:46] {dino} apei bstop to .68
[14:48] {dino} ctxs stopped .86, +.04
[14:49] {Threei} if 6 is getting eaten on DYII, going to take some
[14:49] {Threei} possibly for overnight hold
[14:49] {bruce} leting ctxs play out - stop moved to 33 even
[14:50] {Chaeron} dyil
[14:50] {Chaeron} ooops sorry
[14:50] {bruce} stopped ctxs
[14:50] {dino} ntrs starting to work
[14:52] {dino} cov apei, .65, +.30
[14:53] {Threei} FDA SCHAFER: US MAY OFFER GRAIN RESERVES TO DEVELOPING NATION - PRESENTATION COMM
[14:53] {bruce} skipped it dino - biggest win was 12 c - not prepared to rsk 30c again
[14:53] {Threei} DEALJOURNAL NOTING RECENT DEVELOPMENTS MAY OPEN THE DOOR TO POSSIBLE SALE OF COMPANY
- Blog notes WaMu may be an attractive takeover candidate because it isn’t very diversified, which may make it more difficult for the bank to compete if/when the storm of write-downs passes.
[14:53] {Threei} - Source tells the blog that J.P. Morgan, Wells Fargo, and U.S. Bancorp are in fairly good positions to acquire the bank if any
[14:53] {Threei} - FOLLOW UP: 2:45pm: Jim Cramer calls WM share price 'radically mispriced', should be 'substantially lowe
[14:53] {dino} ntrs stop to .94, back in 15
[14:53] {Threei} Jim Cramer calls WM share price 'radically mispriced', should be 'substantially lower', should be between $9-10
[14:56] {Threei} AGEN is trying for eod run
[14:57] {Threei} tough one really
[14:57] {Threei} risk is very low here
[14:59] {Threei} anyone took it, lighten your load here at least
[14:59] {magoo} in AGEN .09
[14:59] {magoo} watch it for me boss
[14:59] {Threei} a bit higher than I envisioned
[14:59] {Chaeron} me with you magoo
[15:03] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[15:03] {magoo} uys together kiss of death
[15:04] {Chaeron} yeah.... I know
[15:04] {Threei} if we bounce from here and by some blue-eyed miracle manage to close at 1865, my outlook turns to bullish until NQ hits 2000
[15:05] {ThurstonHowellTheThird} dptl, did you just wake up again? :)
[15:05] {Threei} lol
[15:05] {dptl} :) yep
[15:05] {ThurstonHowellTheThird} I wish your wife would hurry up and get home
[15:05] {Threei} thtt... your destiny seems to be slapped every time he comes out of coma... unenviable really
[15:06] {dptl} lol
[15:12] {Threei} providers of deadly kisses magoo and chaeron have 1:1
[15:13] {Chaeron} don't you ever use "kisses" and our names together in same post
[15:13] {Threei} hmmm... did I just find vulnerable spot?
[15:13] {dino} ntrs stopped while out .93, +.23
[15:13] {Chaeron} lol
[15:14] {Threei} :)
[15:15] {Threei} out uet??
[15:17] * Threei slaps magoo around a bit with a large trout
[15:17] {magoo} who's uet?
[15:17] * Threei slaps Chaeron around a bit with a large trout
[15:17] {magoo} ouit .20
[15:17] {Threei} uet is yet with strong russian accent
[15:19] {magoo} ty on it
[15:19] {Threei} sure
[15:23] {dino} de s .40
[15:25] {Chaeron} I'm out +.11
[15:25] {Chaeron} many thanks vad
[15:26] {Threei} welcome... but don't spend it at once... inflation is a concern as it is
[15:26] {Chaeron} yeah, well... I'll be grateful for what the market gives... it'll get better
[15:27] {Threei} nah, that's a fair spot to take profit
[15:27] {Threei} see, in my mind proper entry has been .05 - .06, with with stop under 3 allowed for triple lot
[15:27] {magoo} our first together chaer..ill cherish the moment{yuk lol}
[15:28] {Chaeron} gag
[15:28] {Threei} then dumping at around .20 would have made nice chunk
[15:28] {Threei} uh oh
[15:28] {Chaeron} so we going to do it again 3x size? :)
[15:28] {Threei} you too get a room
[15:28] {Threei} too = two
[15:29] {Threei} chaeron... let me remind you how magoo's gentliness looks:
[15:29] {Threei} http://www.realitytrader.com/vad/HPIM1931.JPG
[15:30] {Chaeron} he's the one with the rack?
[15:30] {dino} de stopped .60 -.20
[15:31] {dptl} which one is mogoo?
[15:31] {ThurstonHowellTheThird} dino is the one holding magoo's head up
[15:31] {dptl} :)
[15:32] {Threei} you guys are brave
[15:32] {ThurstonHowellTheThird} brtherly love ...I think magoo had too many beers
[15:32] {ThurstonHowellTheThird} I think I will run away now before the trouting commences....:
[15:33] {Threei} that may prove to be a very good idea
[15:33] {dptl} may the force be with us
[15:37] {ThurstonHowellTheThird} well thats it for me, everyone have a good evening see y'all tommorrow
[15:37] {dino} dwsn s .20
[15:37] {Threei} you have no idea how difficult it is for me to say that... but, this market may be way stronger than it seems and than I thought
[15:37] {magoo} see my house in background lol
[15:37] {judijim} rough day but still finished +.56 ahead after expenses, too many trades but gooood stops, thanks everyone
[15:37] {judijim} see you tomorrow
[15:38] {Threei} good job jj :)
[15:38] {Threei} and here is mine, mags
[15:38] {Threei} http://www.realitytrader.com/vad/h.jpg
[15:39] {Threei} I donsized a bit, but unobstructed view is worth it
[15:39] {dptl} roflol
[15:40] {dino} gj jj
[15:43] {dptl} have a good evening all.... :)
[15:43] {Threei} take care dp
[15:45] {magoo} tioo funny vad :)
[15:47] {aimm} nice house vad. i like the natural look and very eco friendly.
[15:48] {Threei} and frsh air
[15:48] {aimm} yah lots of resh air..
[15:49] {aimm} fresh
[15:50] {aimm} goodbye all . thank you..
[15:51] {markweb} see you tomorrow
[15:52] {Threei} ok guys, thank you all
[15:52] {magoo} ty vad
[15:52] {Threei} have a good evening, see you tomorrow'
[15:52] {Chaeron} Thanks Vad
[15:52] * Chaeron slaps magoo around a bit with a large trout
[15:54] {Threei} last comment on daily NQ
[15:54] {Threei} volume remained low for the day, no pickup worth mention in the last hour,
[15:54] {Threei} important support at 1840 held
[15:55] {Threei} couple green days with improving volume, and we are probably looking at another rally
[15:55] {Threei} now I am gone
[15:59] {dino} cov dwsn .40 -.20
[16:08] {dino} gn all

Monday, April 7, 2008

Apr 07 2008

[07:58] {Threei} ESLR EXPECTED TO ANNOUNCE THE DOUBLING OF SOLAR POWER MANUFACTURING FACILITY IN HARVARD - BOSTON GLOBE
- Expected to add 350 jobs.
[08:20] {dptl} good morning all
[08:20] {Threei} good morning
[08:20] {hawkfan4} good morning all
[08:21] {Threei} hawk :)
[08:21] {dptl} woke up to early today:)
[08:22] {Threei} welcome to aging woes
[08:22] {dptl} must be the age:)
[08:23] {dptl} no wife coming back today that may be the reason
[08:23] {Threei} ah.... end of bachelor time
[08:24] {dptl} yeah don't want to waist it sleeping
[08:45] {Threei} LDK
[08:45] {Threei} UPDATE: SEC DOES NOT RECOMMEND ANY ENFORCEMENT REGARDING CERTAIN ACCOUNTING MATTERS - FILING
[08:45] {Threei} it has potential to be big news for this company
[08:46] {Threei} investigation was weighing on it heavily
[08:51] {GeoArb} gm
[08:51] {Threei} Geo :)
[08:53] {Threei} ESLR BEGINS EXPANSION OF ITS MANUFACTURING FACILITY IN DEVENS MASSACHUSETTS
[08:54] {Onix} Good morning all
[08:54] {Threei} onix :)
[08:59] {fernp} good morning
[08:59] {Threei} fernp :)
[09:13] {esemde} good morning
[09:13] {Threei} ese :)
[09:13] {Threei} solars are dancing
[09:14] {esemde} yes ...i see that....ESLR especially.... any plans for that one
[09:15] {Threei} it had news
[09:15] {Threei} gotta see how it behaves after open
[09:15] {Threei} LDK significant news as well
[09:17] {esemde} power of the future.....
[09:18] {Threei} unless oil goes back to $40 {G}
[09:18] {esemde} yup
[09:18] {ThurstonHowellTheThird} gm all
[09:18] {Threei} thtt :)
[09:19] {markweb} good morning
[09:19] {Threei} mark :)
[09:19] {markweb} :)
[09:19] {Threei} just wanted to say, magoo is sleeping in
[09:19] {magoo} morning, runnin late from weekend
[09:20] {Threei} hi :)
[09:20] {magoo} got back from ny races at 10 pm
[09:20] {Threei} back in 5
[09:21] {esemde} thtt
[09:21] {esemde} mags
[09:23] {magoo} EVERYONE:)
[09:23] {Raven}
3 m
[09:23] {Raven}
3 a
[09:23] {Raven}
3 g
[09:23] {Raven}
3 o
[09:23] {Raven}
3 o
[09:24] * Raven slaps magoo around a bit with a large trout
[09:25] {Threei} 11.50 support for ESLR so far
[09:27] {esemde} Long at .78 Vad
[09:28] {Threei} I think aggressive entry desevres attempt
[09:28] {magoo} before bell?
[09:28] {esemde} full lot or 1/2 lot
[09:29] {Threei} .66 - .67
[09:29] {Threei} with stop under .50, full for me
[09:31] {Threei} if you went for it, first scalp is for grabs
[09:31] {magoo} i in .65
[09:31] {Threei} over 1:1 here
[09:31] {magoo} out .87
[09:31] {magoo} TY
[09:31] {esemde} missed it entering data in
[09:31] {Threei} welcome
[09:32] {Threei} watching LDK
[09:32] {ThurstonHowellTheThird} +27 ty
[09:32] {Threei} good reflexes guys
[09:33] {bruce} coin long break candidate
[09:33] {hawkfan4} got it too vad, thx :)
[09:33] {Threei} that was bit too volatile bounce LDK, no read on entry
[09:33] {Threei} hawk :)
[09:34] {dptl} klac
[09:35] {esemde} HOKU
[09:36] {Threei} SOLF
[09:36] {Threei} big pullback
[09:36] {Threei} watching for bounce with NQ
[09:38] {Threei} don't chase
[09:40] {Threei} reversed a bit too far from support for comfort
[09:41] {Threei} KLAC .50 long if holding above .35
[09:41] {Threei} needs NQ help
[09:41] {magoo} help is on the way
[09:41] {Threei} hopefully
[09:42] {Threei} I wou;d prefer a little pullback to establsh firmer support
[09:42] {Threei} can't break .50 so far
[09:42] {Threei} NQ is jerky
[09:43] {Threei} if KLAC manages to hold here while NQ is ropping like this, going to be a good one
[09:44] {dino} gra s .48, stop .82
[09:47] {Threei} needs deeper pullback KLAC... not enough enthusiasm
[09:49] {dino} cov gra .00, +.48
[09:50] {Threei} .81 long SOLF if holding above .70
[09:50] {esemde} nice one dino....how do you find bounces like that//
[09:50] {bruce} nice one dino
[09:51] {dino} wlk s .24, stop .52
[09:52] {bruce} stld break of 38 vad?
[09:52] {Threei} with stop under .80
[09:52] {esemde} I think ESLR is going to wander down most of the day
[09:55] {dino} cov wlk .96, +.28
[09:55] {esemde} KLAC Vad.....are you still watching it
[09:55] {Threei} it needs new consolidation
[09:56] {Threei} in the middle of nowhere right now
[09:56] {Threei} too far from resiatance, too far from support
[09:57] {dino} scor?
[09:57] {esemde} ESLR heading to 10.80 11.00 area in my opinion after being in it for a couple of days
[09:57] {Threei} 05:19am [SCOR] Jefferies Raised SCOR to Buy from Hold, price target: $27.00
[09:57] {bruce} l stld 37.87 stop .75
[09:57] {dino} ty
[09:58] {magoo} u still in ES?
[09:59] {Threei} beautiful STLD
[09:59] {bruce} half out stld =}37
[09:59] {esemde} i'm gonna try a 1/2 lot of KLAC bstop .41 if NDX keeps heading up
[10:03] {esemde} long KLAC .40 stop 42.00
[10:06] {esemde} ccould be the bug on the windsheild if the NDX doesn't haead up on this one
[10:10] {esemde} if NDX doesn't make a higher low here ...I'm out Klac....monday morning excitement...what can i say
[10:11] {bruce} stopped balance stld =}22
[10:14] {judijim} Let the trading begin, good morning everyone...jj
[10:15] {Threei} jj :)
[10:16] {bruce} morning jj
[10:16] {judijim} is that bruce like in bruce?????
[10:16] {bruce} yeah - decided to renew forone more month
[10:16] {esemde} go KLAC go!!!!
[10:16] {bruce} dino needs my help to make money after foiday
[10:16] {judijim} YEAH!!!!!!!!
[10:18] {bruce} and besides - he hasn't sent that brew he promised yet
[10:18] {esemde} not a ton of buying to push it up Vad......consolidating between .20 and .40 though
[10:18] {Threei} market is undecided... so is KLAC
[10:18] {bruce} apol looks like posswible reversal long to me here dino
[10:18] {esemde} yup....
[10:19] {esemde} was there any news on it?
[10:19] {dino} tin s .00
[10:19] {dino} stop .22
[10:19] {Threei} 00:04am [KLAC] CitiGroup Raised KLAC to Buy from Hold, price target: $56.00
[10:20] {esemde} tks
[10:23] {bruce} aapl looks long vad - need a pullback in it
[10:24] {Threei} to 157 or just under, would be much safer entry, yeah
[10:25] {GeoArb} energy sector.... high volume... FDG ANR MEE
[10:26] {bruce} s tin 14.08 stop at .22
[10:28] {dino} :)
[10:28] {dino} wsci s .80, stop .12
[10:34] {Threei} watching SOLF for bounce
[10:34] {Threei} ugh
[10:35] {Threei} too fast
[10:36] {hawkfan4} got .10 vad, 1/2 out .30
[10:36] {Threei} wtg
[10:36] {Threei} was pure risk-based play
[10:37] {judijim} we got a solid scalp for +.13, tx
[10:37] {Threei} you guys are making my day
[10:38] {Threei} dream coming true, when merely a mention of an idea is enough for you to find entries without waiting for me to type it
[10:38] {hawkfan4} :), that and extra strong coffee
[10:39] {dino} eqix l .90, stop .68
[10:39] {judijim} we thought everyone was a quick scalper, we want to learn to be in longer....but we're learning.
[10:40] {Threei} there is place and time for everyting... need more decisive market for longer holds
[10:40] {Threei} with this bipolar market, quick money is the best way to go
[10:40] {judijim} that's true and WITH STOPS
[10:41] {Threei} maniac-depressive market
[10:41] {dino} wsci not moving, tighten to .91
[10:41] {dino} eqix stopped -.22
[10:43] {dino} eqix looks like rinse r roni
[10:44] {bruce} fcn reversal candiate dino - would like to see it fade a bit from here before long try
[10:45] {bruce} yes - skipped eqix - still lloked short to me
[10:45] {dino} wsci stopped -.13 ave
[10:47] {dino} you smart
[10:47] {Threei} PAL interesting
[10:48] {Threei} solid buying
[10:48] {Threei} (US) ENERGY SECRETARY BODMAN: CONCERNED THAT AVERAGE US GAS PRICES COULD HIT $3.50/GAL BY SUMMER, DOES NOT BELIEVE PRICES WILL TOP $4/GAL
- Optimistic that OPEC will boost supplies.
[10:48] {Threei} - DOE will try to purchase more supplies for the Strategic Petroleum reserves by this summer.
[10:49] {esemde} Well KLAC is heading back up...what are my chances of it hitting 56.00 today Vad.............ha ha ha ha
[10:49] {Threei} ummm
[10:50] {Threei} like snowball's chances to survive in the oven :)
[10:50] {dino} scor s .65, stop hod
[10:50] {GeoArb} on or off?
[10:50] {esemde} just trying to make a funny.........
[10:52] {esemde} thought about adding another 1/3 lot around 42 but this market not up to it....
[10:52] {Threei} no, I wouldn't be building position
[10:53] {esemde} CVTX interesting jump up there
[10:57] {markweb} vad, ESLR?
[10:58] {Threei} 11.20 support so far, but if market drops from here it's not likely to hold
[10:58] {markweb} thx
[10:58] {Threei} I would just keep it on radar and wait for entiehr sharp selloff,
[10:58] {Threei} or market spiking sharply while ESLR holding near support
[10:58] {Threei} to try and grab it with tight stop
[10:59] {Threei} like now, lol
[10:59] {Threei} see this sharp spike NQ?
[10:59] {markweb} y
[10:59] {Threei} ESLR didn't really give pause enough for entry
[10:59] {Threei} and I am not fond of chasing
[11:00] {Threei} I would want a situation where ESLR gives enough window for entry
[11:00] {dino} scor stopped -.35
[11:00] {Threei} if .27 - .28 was available for a few more jiffies, would be 1:1 almost immediately
[11:00] {bruce} l fcn 63.27 stop 63.02
[11:01] {magoo} klac held that pullbk well vad
[11:02] {Threei} it did... kind of hard for me to make up my mind about it honestly
[11:02] {Threei} it looks better and better for a break
[11:02] {magoo} feels upward if IF mkt could resolve up
[11:03] {Threei} finally
[11:03] {magoo} as i typed sheesh
[11:03] {Threei} start lightening up on it ese
[11:04] {Threei} THQI
[11:04] {Threei} TICKING HIGHER ON RUMORS CIRCULATING THAT AAPL MAY SELECT THQI AS THE STANDARD GAME MAKER FOR THE IPHONE
[11:08] {dino} dwsn s .93, stop .22
[11:08] {Threei} VISN botherrs me...
[11:09] {Threei} beautiful chart and some momo, but colatility is hard to stomach
[11:09] {dino} eqix l .75, stop .48
[11:09] {dino} correction dwsn stop .30, sm
[11:12] {esemde} Well....i don't reccoment this tradin method buttttttt......
[11:12] {dino} visn, i was watching it too, thought 14.60s
[11:12] {esemde} step away from the computor for 1 min and boom......
[11:12] {esemde} go KLAC go
[11:13] {dino} lol
[11:14] {esemde} BS luck would be more like it.....
[11:15] {dino} big part imo
[11:15] {esemde} Vad what is "colatility"
[11:16] {Threei} it's volatility typed by me
[11:16] {esemde} ah haaaa.....
[11:17] {esemde} when i signed up for the service you didn't specify new language qualification
[11:17] {Threei} goes with territory
[11:17] {dptl} pal?
[11:18] {Threei} .61 worth a rty with .54 stop
[11:18] {dptl} ok ty
[11:22] {Chaeron} gmall
[11:22] {Threei} chaeron :)
[11:22] {Chaeron} uhhh... take 2 - GM all
[11:22] {Chaeron} hi threei
[11:22] {Threei} better
[11:23] {magoo} PAL mex?
[11:23] {magoo} i don't get prints
[11:23] {Threei} yes mags
[11:24] {magoo} k..ty'
[11:27] {judijim} +14 on aapl at 158
[11:29] {dino} eqix stop to .15 jumpy
[11:31] {dino} out eqix slip, ave .10, +.35
[11:32] {dino} wlk
[11:39] {esemde} KLAC baby....!!!!!
[11:40] {bruce} hes - cup and handle long pattern break here
[11:41] {esemde} If I keep doing this ...stepping away from the computor ....I figure i'll be up at least $1.20 by the end of the day.
[11:41] {esemde} don't try this at home......
[11:42] {magoo} u do that cause i in w/ya
[11:42] {esemde} done......
[11:43] {magoo} waiting .91
[11:43] {magoo} out
[11:43] {esemde} for real though......i'm gonna exit around 43.00...don't want to press my luck
[11:43] {magoo} + .53
[11:44] {magoo} nice spot ES
[11:46] {dino} gj
[11:46] {dino} btw bruce, good to see you
[11:46] {esemde} out KLAC .98 +.58
[11:48] {bruce} out fcn flat - not moving at moment
[11:48] {bruce} nice ses
[11:48] {judijim} back in hour, doggie break
[11:49] {Threei} fantastic job on KLAC guys
[11:49] {esemde} tks.......kinda dumb the way i did it though.......was in too soon
[11:49] {Threei} I don't know how you manage to hold that long :)
[11:50] {esemde} set the stop
[11:50] {magoo} i wemnt in after comment i made it looked good
[11:50] {dino} wlk s .10, stop .41
[11:50] {esemde} and waited.....
[11:50] {Threei} that's "waited" part that puzzles me :)
[11:50] {esemde} look at it go though
[11:50] {magoo} u know i can wait vad : )
[11:55] {Threei} I do
[11:55] {Threei} you lose your mind if a stock doesn't move for 3 minutes
[11:55] {Threei} otyher than that you can wait :)
[11:55] {magoo} : )
[12:12] {Threei} RGLD scalp candidate on 32 break if stays above .90
[12:20] {dino} phhm
[12:21] {dino} can't borrow
[12:22] {bruce} steal it then
[12:23] {dino} lol
[12:24] {GeoArb} off to work.... good trading to all
[12:24] {dino} vrus drop
[12:24] {dino} later geo
[12:24] {dino} thin
[12:24] {dino} vrus
[12:30] {dino} tin stopped -.22
[12:31] {bruce} stopped tin - 14c
[12:33] {bruce} need to find another trade to make up for that huge tin loss dino
[12:34] {dino} y, all day long too
[12:35] {dino} psti
[12:36] {bruce} yeah
[12:36] {dino} dxcm
[12:36] {bruce} what you think of wms long here?
[12:36] {dino} rat study, psti, stroles
[12:36] {dino} strokes
[12:36] {dino} seems a long way off
[12:40] {dino} psti s .58 sm, risky
[12:40] {dino} calm drop
[12:43] {bruce} I like cig long here dino
[12:44] {bruce} l cig .95 stop at .79
[12:45] {dino} cov wlk .87, +.23
[12:54] {dino} pure
[12:56] {dino} psti stopped -.42 sm
[12:56] {Threei} wow WM
[12:58] {magoo} lev 2 really moving
[13:02] {Threei} well RGLD
[13:02] {Threei} can you or can you not
[13:06] {dino} vrus l .31
[13:06] {dino} stop .98
[13:10] {dino} bruce look at psti would you
[13:11] {bruce} mer break long candidate on .50
[13:12] {bruce} still looks long here dino - I wouldn'tshort psti yet
[13:13] {dino} 4.64?
[13:14] {esemde} well i'm outta here...Vad if you get a chance to check out the paper...The Times Col0onist....looks like I made the paper again
[13:14] {dino} wtg es
[13:14] {esemde} see ya
[13:14] {dino} your famous
[13:14] {Threei} today's?
[13:14] {dino} infamous is my curse
[13:14] {Threei} got it, haven't read yet
[13:15] {esemde} todays,s section C8
[13:16] {Threei} yup, I see it :)
[13:16] {dino} dxcm s ave .35
[13:16] {Threei} and you have no idea how hard for me it was to refrain from jokes about Classifieds section...
[13:16] {dino} sm
[13:16] {esemde} yuk yuk
[13:17] {Threei} but I am becoming better at controlling uappropriate humor outbursts :)
[13:17] {dino} just what we need a borring room leader
[13:17] {dino} boring
[13:17] {Threei} lol
[13:23] {dino} vrus stop to .72
[13:28] {bruce} not much movin today so fardino
[13:29] {dino} wlk hod
[13:30] {Threei} LDK small shares long on .70 break
[13:30] {dino} out vrus w/slip ave .61
[13:30] {dino} +.30
[13:30] {Threei} stop under .50
[13:31] {bruce} nice one dino
[13:32] {dino} ty, we should've just bgt psti, sheesh
[13:33] {Chaeron} shucks... LDK
[13:33] {bruce} long woulda worked nice in psti - thought you were cposnidering short in it
[13:34] {dino} i am
[13:35] {dino} break of 5.50 maybe. tough one
[13:35] {dino} there it goes, missed
[13:36] {magoo} LDK still valid?
[13:36] {dino} that was fast, maybe break of 5
[13:36] {Threei} hard to tell mags
[13:36] {Threei} lost support
[13:37] {dino} that cig doesn't move
[13:40] {bruce} no stalled now
[13:41] {bruce} hard to tell w some of them - shoulda stayed in fcn - - up 40c from entry
[13:43] {ThurstonHowellTheThird} SEPR break of .70?
[13:43] {Threei} not while market is selling like this
[13:43] {ThurstonHowellTheThird} k thx
[13:43] {Threei} maybe bounce off .50 or so
[13:45] {dino} psti s .65, risky as hell
[13:45] {dino} \small;
[13:47] {dino} dxcm bstop to .21
[13:55] {dino} stopped psti too tough
[13:57] {Threei} PRESIDENT BUSH SAYS THAT STIMULUS PACKAGE WILL ADD 1-1.5% TO US ECONOMY, SHOULD BE GIVEN A CHANCE TO WORK
- Reiterates that the US economy is in a "rough" period.
[13:57] {Threei} - Adds that he fully understands worries over high fuel prices.
[13:57] {Threei} oh good
[13:57] {Threei} we were worried that he wouldn't understand
[13:58] {Chaeron} invade Canada... take their oil
[13:58] {dino} (adds that his oil stocks are doing well)
[13:58] {Threei} lol
[13:59] {dino} dwsn bstop to .62
[13:59] {dino} all day
[14:05] {bruce} good thing you enjoy waiting dino
[14:06] {dino} wlk s .10, stop .31
[14:09] {dino} tighten bstop dwsn .59, dxcm .16
[14:09] {dino} not really enjoy, but w/hard stop what the heck
[14:17] {bruce} just juicin you deino
[14:18] {dino} swiper! dwsn rinsed stopped slipped ave .80, +.13
[14:20] {bruce} pssible long reversal in rimm here - you have any read vad?
[14:21] {Threei} looks like
[14:21] {Threei} .75 long
[14:21] {Threei} stop under .50
[14:22] {bruce} K was thinking same
[14:24] {Threei} NQ sharp drop ruins setup
[14:24] {dino} dxcm to .11 slowwwww
[14:24] {Threei} if NQ reverses quickly, better get bounce entry
[14:24] {Threei} .75 will be too far
[14:24] {bruce} tok it on break - stopped -.23c
[14:25] {Chaeron} me too
[14:26] {Threei} these sudden turns during lunch time make for very treacherous trading environment
[14:26] {Threei} US TREASURY SEC PAULSON: NO DOUBT THAT US ECONOMY HAS SLOWED DOWN "DRAMATICALLY"
- Sees downside risks to the US economy in housing and capital markets.
[14:26] {Threei} - Notes that housing prices must fall in order to stabilize. progress is being made on housing prices.
[14:32] {GeoArb} ummm
[14:32] {bruce} out cig fat - taking break
[14:32] {GeoArb} did we welcome laserdave today?
[14:34] {Threei} no
[14:34] {Threei} we are gentle today'
[14:43] {dino} risky l rick .03\
[14:52] {dino} cov wlk .94, +.14
[14:54] {dino} dxcm bstop to .03
[14:55] {dino} stopped +.32
[14:55] {dino} psti rolling maybe
[14:56] {dino} nnds blood
[15:00] {Threei} FEB CONSUMER CREDIT: $5.2B V $5.9BE
- prior revised from $6.9B to $10.3B
[15:01] {Threei} watching RIMM for possible double bottom
[15:03] {Threei} in
[15:03] {Threei} .15 stop
[15:04] {Threei} needs to take .35
[15:04] {Chaeron} where you in?
[15:04] {Threei} come on RIMM, NQ bouncing
[15:04] {Threei} .34
[15:06] {Chaeron} come onnnnnnn
[15:06] {judijim} finished for today, good day +.90 good stops be with you all Tuesday and many thanks
[15:06] {Chaeron} bye jj
[15:06] {Threei} jj :)
[15:08] {Threei} sigh
[15:09] {dino} rick stop to .84
[15:09] {Chaeron} stopped
[15:09] {Chaeron} -.12
[15:09] {dino} gj jjpretty consistant
[15:11] {judijim} tx we're trying for simple consistancy, trading room has helped patience, calm and stops:)
[15:11] {dino} make rick .98
[15:11] {dino} doing well jj
[15:12] {dino} slipped out rick .88, +.85
[15:14] {dino} no takers?
[15:20] {dino} vrus l .10, sm thin
[15:25] {Threei} WM
[15:25] {Threei} .15 long, stop under 13
[15:25] {bruce} vrus stop 17.75 or so dino?
[15:30] {dino} .73 sm
[15:32] {Threei} hate these sudden turns
[15:32] {Threei} seems, we could go back to sleep after morning trades
[15:33] {dino} not me 2 for 5 a.m., 6/7 p.m.
[15:34] {Threei} opposite ratio here
[15:34] {bruce} stopped wm
[15:34] {dino} i'm going to start sleeping in, i should move to west coast
[15:35] {Threei} WM was well on its way to .35 - 40 at least before this last turn
[15:36] {dino} vrus stopped
[15:36] {bruce} jinxed it on you vad
[15:36] {bruce} stopped bvrus as well
[15:36] {dino} sorry bruce
[15:37] {bruce} -43 c rinse vrus
[15:37] {bruce} no problem dino
[15:37] {bruce} kinda expected it
[15:38] {dino} thin ones gap
[15:39] {bruce} yes - understood
[15:40] {bruce} works both ways - pays out on the wins
[15:42] {dino} y, nature of the beast
[15:42] {dino} jrjc
[15:45] {Threei} reviewing stops today, almost all of them would have been positive trades if taken off pullback of the lower limit of the range instead of breaking upper one
[15:45] {bruce} c5ee possible reversal long here
[15:45] {Threei} gotta try tomorrow
[15:45] {GeoArb} i had 1 positive and one scratch and all done before 7
[15:45] {bruce} cree
[15:45] {dino} was wondering, lol
[15:47] {GeoArb} so how hard do we watch the volume while looking at break out?
[15:49] {Threei} I don't know what to say to that :)
[15:49] {Threei} how hard?
[15:49] {Threei} just watching :)
[15:49] {GeoArb} hehehe
[15:49] {GeoArb} just trying to get some rules in my mind
[15:49] {dptl} lol
[15:49] {GeoArb} rising/falling how much more than average etc
[15:49] {dino} amed l .46, stop .23
[15:50] {Threei} those are all elements of setup
[15:50] {dino} my styl is way different geo, so can't really help
[15:50] {GeoArb} was hoping for a few comments on what the public here prefers
[15:50] {dino} i play lots of thinnies
[15:51] {GeoArb} yeah dino's is not my style (at present)
[15:52] {GeoArb} oh well.... good day and thanks all
[15:52] {GeoArb} doing much betterr than ever
[15:52] {Threei} and yet finish with Oh Well
[15:52] {Threei} what does it taske to make you happy people :)
[15:53] {GeoArb} you account?
[15:53] {dino} cake
[15:53] {GeoArb} oh yeah that too
[15:53] {Threei} will pasrty do?
[15:53] {GeoArb} sure
[15:53] {GeoArb} being a scalper... will take what i get
[15:53] {Threei} that's the spirit
[15:54] {Threei} thank you all
[15:54] {Threei} have a good evening, see you tomorrow
[15:54] {dino} if your scalpin...scalp
[15:54] {dino} gj geo
[15:57] {dino} out amed .34, -.10
[15:57] {dino} -.12\
[15:58] {dino} should've known 6/7, pushing it, missed last 2
[15:58] {dino} odds always come back in line
[15:59] {dino} in any case, calling it a day, not bad. thx all
[16:00] {dptl} have a good evening all:)
[16:04] {bruce} night all
[16:04] {dino} gn all
[16:05] {fernp} good night all