Session Time: Fri Aug 01 00:00:01 2008
[08:07] {Threei} 07/31/08 05:18pm [ELN] Notifies regulatory agencies of two confirmed cases of progressive multifocal leukoencephalopathy (PML) in multiple sclerosis (MS) patients treated with TYSABRI in a commercial setting
[08:17] {Threei} PREVIEW: JULY UNEMPLOYMENT RATE DATA DUE OUT AT 8:30AM
[08:17] {Threei} - Consensus expectations at 5.6% vs 5.5% prior
[08:17] {Threei} - Reminder- Apr& May 5.5% readings were the highest since Oct 2004
[08:18] {Threei} PREVIEW: JULY CHANGE IN NONFARM PAYROLLS AND CHANGE IN MANUFACTURING PAYROLLS DUE AT 8:30 AM
[08:18] {Threei} - Change in Nonfarm Payrolls: -75K v -62K prior (Note the range of estimate are from -150K to 0K)
[08:18] {Threei} - Change in Manufacturing Payrolls: -40K v -33K prior
[08:18] {Threei} **Note: ADP Employment Change came in at +9K v -20Ke
[08:18] {Threei} ** Nov Fed Fund Future sees 60% chance of 25bps hike by the middle of the fall
[08:18] {Threei} - Reminder: Back month nonfarm payrolls have encountered 5 consecutive month of downward revisions
[08:30] {Threei} JUL UNEMPLOYMENT RATE: 5.7% V 5.6%E
[08:30] {Threei} JUL CHANGE IN NONFARM PAYROLLS: -51K V -75KE; CHANGE IN MANUFACTURING PAYROLLS: -35K V -40KE
[08:30] {Threei} - Prior Jun Nonfarm Payrolls revised Lower from - 62K to -51K Note: (sixth straight month of lower revisions in back months)
[08:31] {Threei} JULY AVERAGE HOURLY EARNINGS M/M: 0.3% V 0.3%E; AVERAGE WEEKLY AVERAGE: 336. V 33.7E
[08:35] {Threei} .v raven
[08:37] {Raven} 3 .v Threei
[08:37] {Threei} sigh
[08:37] {Raven} 3 rofl
[08:37] {Threei} frikin script just won't work as it should :)
[08:37] {Raven} 3 you trying to vaporize me?
[08:38] {Threei} it's not personal
[08:38] {Raven} 3 OK
[08:38] {Threei} just a ingrained reaction... I try to vaporize anyone in sight
[08:38] {Raven} 3 be careful
[08:39] {Threei} you know... "vaporize or be vaporized"...
[08:39] {Raven} 3 sigh
[08:44] {Threei} FORMER FED MEMBER POOLE SAYS INFLATION PROBLEM DEVELOPING OVER LONGER TERM
[08:44] {Threei} seriously?
[08:45] {Threei} I'll say... considering that today's dollar costs what, 6% of dollar before Fed creation?
[08:46] {Raven} 3 long term we're all dead
[08:49] {Threei} ABK
[08:49] {Threei} SETTLES $1.4B CDO SQUARED TRANSACTION, MAKING PAYMENT OF $850M
[08:49] {Threei} - Company has settled one of its largest CDO exposures, AA Bespoke, in exchange for a final cash payment of $850 million to its sole counterparty. AA Bespoke is a $1.4 billion transaction that originally comprised AA rated CDO of ABS tranches, most of which have been downgraded to below investment grade since the inception of the transaction
[08:50] {Raven} 3 don't fall into the tranches
[08:51] {Threei} ELN back into support
[08:59] {magoo} morn
[08:59] {Threei} magoo :)
[09:03] {magoo} vad, yesterday u were saying u like to hang around all day on slow days because u never know if IF something developes
[09:03] {magoo} well, i almost always like to do same for after hours
[09:04] {Threei} during earnings season, sure
[09:04] {magoo} point being..last night at 5 pm ELN starts rolling over on scanner from 22 all way to 10..i shorted it several
[09:04] {magoo} points
[09:04] {magoo} made like 1400
[09:05] {magoo} just saying
[09:05] {magoo} , it hit under 10
[09:05] {magoo} ffrom 22 area, plus biib went down with it,
[09:06] {Threei} nice, congratulations
[09:06] {magoo} but u gotta sit till 6 pm cause nev er know, movwes come after conference calls at 5 lots of times
[09:06] {Threei} yeah
[09:06] {Threei} well, one needs to draw a line somewhere
[09:06] {magoo} prob is i never get home till 7 pm {wife no like that}
[09:06] {Threei} otherwise it never ends... one market closes, another opens
[09:07] {Threei} pretty soon you are trading 24/7
[09:07] {magoo} friday afterhours worthless though, no action
[09:08] {magoo} i was only doing 100 shares..thats why didnt do better
[09:09] {magoo} but it was risky of course
[09:10] {peterg} morning
[09:10] {peterg} gj magoo
[09:10] {magoo} i just trade until i make what i think raven makes for day he he
[09:11] {magoo} BIIB
[09:11] {magoo} news vad?
[09:11] {Threei} peter :)
[09:12] {Threei} same as ELN
[09:12] {magoo} it hit 52 last night..back there now
[09:12] {Threei} they are in that drug together
[09:12] {magoo} i thought wye was with eln
[09:12] {lars} morning all
[09:12] {Threei} lars :)
[09:13] {Threei} abk
[09:13] {Threei} possible player today
[09:13] {magoo} lars:)
[09:14] {cosmo} PWAV should hold 4.25 imo
[09:15] {cosmo} ... for a 4.35 break...
[09:17] {fernp} Good morning
[09:17] {Threei} fern :)
[09:22] {lars} nice job last night magoo :)
[09:23] {lars} better take wife to nice dinner though :)
[09:24] {Raven} 3 {---------- checking for a magoo spy camera
[09:26] {magoo} you're getting warmer, there, there, oops..wrong turn
[09:26] {Raven} 3 lol
[09:26] {Threei} C
[09:26] {Threei} DISCLOSES STATUS AS COUNTERPARTY IN ABK TRANSACTION ANNOUNCED EARLIER TODAY
[09:26] {Threei} {ABK}
[09:27] {dptl} good morning all
[09:27] {Threei} ELN is scalpable on bounce but right now it's in uncharted territory, can't tell where the entry is
[09:27] {Threei} dp :)
[09:28] {Threei} 07:17am [GM] CEO: Production fell by about 27% in Q2, overseas operations are performing well, liquidity plan is on track, have cash to cover needs through 2009
[09:29] {Threei} 06:59am [GM] Reports Q2 -$11.21 v -$2.62e (Ex items) , R $38.15B v $44.57Be, To draw $1.0B from credit lines, Records $9.1B charge
[09:29] {Threei} DEMOCRATIC PRESIDENTIAL CANDIDATE OBAMA SAYS HE WOULD BACK A WINDFALL TAX ON OIL COMPANIES
[09:29] {Threei} {XOM CVX USO}
[09:30] {cosmo} that's better than nationalizing them i guess...
[09:31] {Threei} half lot long ELN
[09:31] {Threei} stop under .60
[09:31] {Threei} can take several attempts
[09:32] {esemde} morning......
[09:32] {Threei} ese :)
[09:33] {Threei} feel fre to take profit ELN
[09:33] {esemde} hey
[09:33] {Threei} out 11.05, +.35
[09:33] {esemde} Irish Whisky.............thats all i'm going to say!
[09:34] {Threei} anyone got ELN?
[09:34] {Threei} that panic dive to .70 was a godsend
[09:34] {lars} out at 11.08 +.31
[09:34] {Threei} wtg
[09:34] {peterg} out with a small .12
[09:35] {lars} thx... to you :)
[09:35] {Threei} VVUS
[09:35] {Threei} .75 break long, stop under .55, possible swing trade
[09:35] {Threei} generally slow one
[09:36] {Threei} don't touch it if not willing to sit on it for a while
[09:36] {magoo} hence magoo back off
[09:36] {Threei} ABK
[09:36] {Threei} .21 long, stop under 3
[09:37] {magoo} 100 sh l CME
[09:38] {magoo} 351
[09:39] {magoo} too soon
[09:39] {esemde} long VPRT 29.61
[09:40] {magoo} that sucked out minus 500
[09:40] {esemde} out Vprt .95 3/4 lot
[09:40] {esemde} holly!!!!
[09:40] {esemde} in out bang bang
[09:40] {esemde} barely time to typole this
[09:41] {Threei} nice scalping footwork
[09:41] {esemde} that was really fast Vad
[09:41] {Threei} VVUS chews resistance
[09:41] {Threei} the best kind ese...
[09:42] {Threei} leave it to analyst to discuss for days why it went up
[09:43] {Threei} what just happened?
[09:46] {Roman} 21 long GLD
[09:46] {esemde} happened to what Vad?
[09:46] {Roman} 21 small
[09:46] {Threei} market
[09:46] {Threei} sudden drop
[09:46] {esemde} NDX is tanking on my monitor
[09:47] {esemde} news?
[09:47] {Threei} that was what I asked :)
[09:47] {Threei} I s\ee none
[09:47] {hawkfan4} none here
[09:47] {esemde} me either
[09:47] {Threei} PREVIEW: JULY ISM MANUFACTURING COMPOSITE DUE OUT AT 10AMET
[09:47] {Threei} **consensus expectation: 49.0e v prior 50.2
[09:47] {Threei} - Prices paid expected at 88.0 v 91.5 prior (which was highest prices paid since July 1979)
[09:48] {esemde} Sunh bstop 15.61 1/2 lot
[09:49] {judijim} gm all
[09:49] {Threei} jj :)
[09:49] {esemde} jj
[09:49] {Threei} wanted to short NSANY, then remembered I have two of their cars
[09:49] {Threei} and happy with both
[09:49] {Threei} GM not in a short list
[09:50] {esemde} long SUNH
[09:50] {Roman} 21 long GOLD small
[09:50] {esemde} out SUNH
[09:50] {Roman} 21 49.41
[09:51] {esemde} .89
[09:51] {Threei} lol ese
[09:51] {Threei} you arwe making money today faster than you can report
[09:51] {esemde} man oh man...
[09:51] {Threei} all while market dropping like there is no tomorrow
[09:51] {esemde} shooting up like rockets.....
[09:52] {Roman} 21 watching HK setup
[09:52] {Threei} nice feeling of mastering this thing eh?
[09:52] {Roman} 21 long
[09:52] {esemde} going up so fast can barely type to keep up...
[09:52] {Threei} no thinking involved... eye to finger reaction
[09:52] {esemde} exactly
[09:52] {Threei} brain inbetween is canceled
[09:52] {hawkfan4} geesh, no news
[09:52] {Roman} 21 long HK small
[09:52] {esemde} indeed!
[09:53] {Threei} ok, what the heck is going on?
[09:53] {Roman} 21 33.75
[09:53] {Roman} 21 unemployment numbers this morning
[09:53] {Roman} 21 taking toll
[09:53] {Roman} 21 imo
[09:53] {Roman} 21 commodities stroong sofar
[09:53] {Threei} they are over an hour old
[09:54] {Threei} and they weren't too bad
[09:54] {magoo} how bad we close yesterday?
[09:54] {Threei} in green
[09:55] {Threei} 20 points NQ off the high though
[09:55] {magoo} dow?
[09:56] {Threei} 8.02 long UAUA
[09:56] {Threei} 7.94 stop
[09:59] {Threei} invalidated
[09:59] {Threei} numbers in a min
[09:59] {Threei} VVUS is nicely oblivious to the market
[09:59] {magoo} l rimm 120
[09:59] {magoo} small
[10:00] {Threei} *JUNE CONSTRUCTION SPENDING (M/M): -0.4% V -0.3%E
[10:00] {Threei} prior revised to 0.0% from -0.4%
[10:00] {magoo} out .60
[10:00] {magoo} +.60
[10:01] {Roman} 21 magoo is back
[10:01] {Roman} 21 out HK
[10:01] {magoo} cme cracked me
[10:01] {magoo} nasty
[10:01] {magoo} its a dino play
[10:01] {magoo} need the dino i gues
[10:02] {Roman} 21 that guy is still on vacation?
[10:02] {magoo} yeah
[10:02] {Roman} 21 nice
[10:02] {magoo} only his 3rd with 2 more coming for yr
[10:03] {Roman} 21 his 3rd vacation this year?
[10:03] {Threei} *JULY ISM MANUFACTURING: 50 V 49E; PRICE PAID: 88.5 V 88E
[10:03] {Threei} - Employment Index 51.9 v 43.7 prior{SPY EUR/USD}
[10:03] {magoo} yeah, mexico, 2 north caro..plus jamaca coming and 1 more caro
[10:03] {magoo} bastard lol
[10:03] {Roman} 21 damn, you guys making serious $$$
[10:04] {magoo} HEY..i took nopne
[10:04] {magoo} mnone
[10:04] {magoo} none
[10:04] {Roman} 21 i wish some day i can be like you
[10:04] {magoo} i haven't been on family vaca in years
[10:04] {Roman} 21 out GLD +.40
[10:05] {Roman} 21 out GOLD +.76
[10:05] {Roman} 21 all small
[10:06] {Roman} 21 watching RGLD for long
[10:06] {Roman} 21 small
[10:06] {Threei} wtg
[10:07] {Roman} 21 i think GOLD got more
[10:07] {Roman} 21 look at commodities
[10:07] {Roman} 21 damn
[10:07] {Roman} 21 ROYL
[10:07] {Roman} 21 in
[10:08] {Roman} 21 .95
[10:10] {laserdave1} hawkfan dcc when u get a sec
[10:10] {magoo} what would be very unexpected is if IF this mkt could turn around here and go green big
[10:10] {Roman} 21 NCOC
[10:13] {magoo} l aapl .55
[10:14] {magoo} small 300
[10:14] {magoo} wait 157.17
[10:14] {Roman} 21 in with u
[10:15] {magoo} .95 prints
[10:17] {magoo} out .14 THERE
[10:17] {magoo} .17 THERE
[10:18] {magoo} easy too
[10:18] {magoo} never neg
[10:18] {lars} +.41 aapl u da man magoo :)
[10:19] {Threei} I don't worry about you guys at all for the time of my Alaska cruise
[10:20] {magoo} u should check in once in awhiole if access boss
[10:20] {Threei} nope
[10:20] {magoo} when u leaving?
[10:20] {Threei} next Sat
[10:21] {magoo} dates?
[10:21] {Threei} Aug 9 - 16
[10:23] {Roman} 21 all these people are just on vacation
[10:23] {Roman} 21 i have not had one in ages
[10:23] {Roman} 21 amazing
[10:23] {Threei} you live in Florida, you whole life is vacation
[10:23] {Roman} 21 something must be wrong with me
[10:23] {GeoArb} i have been on vacation a day here and there
[10:23] {magoo} roflol
[10:30] {Threei} US STATE DEPT NOTES EXPECTING A RESPONSE FROM IRAN ON ITS LATEST NUCLEAR INCENTIVES OFFER OVER THE WEEKEND (THE EXISTING DEADLINE FOR A RESPONSE IS THIS WEEKEND)
[10:30] {Threei} {USO}
[10:31] {Threei} OPEC MIN: OPEC WILL INTERVENE IN OIL MARKET IF SUPPLY SURPASSES DEMAND TO CREATE BALANCE
[10:31] {Threei} {USO OIH}
[10:38] {magoo} l rimm 120
[10:38] {magoo} sm
[10:39] {magoo} 200 bux stop whatever size
[10:39] {magoo} lay out .61
[10:40] {lars} iwas just gonna ask target... i need to type faster
[10:41] {Roman} 21 WM
[10:44] {Roman} 21 .
[10:46] {magoo} i have 300 sh so my stiop is .39
[10:46] {magoo} trade needs mkt power
[10:46] {Roman} 21 99% chance u will make money
[10:46] {Roman} 21 on this trade
[10:46] {kazaam} what do you thik about NYX double bottom
[10:46] {magoo} safer exit .33
[10:46] {kazaam} oh damn, just moved
[10:46] {lars} abk moving
[10:46] {kazaam} nevermind vad
[10:47] {magoo} on WM rfr?
[10:47] {Roman} 21 RIMM
[10:47] {magoo} oh
[10:47] {Roman} 21 u on RIMM
[10:48] {Roman} 21 u got the power
[10:48] {magoo} i leave exit at .61
[10:48] {Roman} 21 why not $125
[10:49] {magoo} well...if IF mkt goes green yeah
[10:49] {Roman} 21 WM sqeezing short a bit
[10:55] {Threei} ABK is serious aabout squeezing today
[11:00] {Threei} MER .61 long if stays above .50
[11:01] {Threei} invalidated
[11:01] {Threei} PREVIEW: JULY US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
[11:01] {Threei} **consensus estimates:
[11:01] {Threei} - Ford: -20%e adjusted basis (usually released at Noon ET).
[11:01] {Threei} - GM: -25%e adjusted basis (usually released around 1:45pmET).
[11:01] {Threei} - July 2008 had 26 selling days, two more than July 2007. On an unadjusted basis, the estimates above would be higher by about 8% (i.e F -12%e, and GM -17%e).
[11:04] {magoo} out rimm
[11:04] {magoo} dont lose here
[11:04] {magoo} had .51
[11:12] {Roman} 21 CHK
[11:12] {Roman} 21 long small 50.32 stop under 50
[11:18] {Threei} WHITE HOUSE: PREMATURE TO DISCUSS A 2ND ECONOMIC STIMULUS
[11:23] {Threei} ABK is aiming for 4 and above
[11:24] {Threei} CHRYSLER IS REPORTEDLY INCREASING INCENTIVES FOR PURCHASES AFTER END TO LEASING PROGRAM, PROVIDING $2K CASH BACK IN ADDITION TO 6 YR, INTEREST FREE LOANS
[11:24] {Threei} {F GM}
[11:25] {esemde} 6 year interest free loans??? there nuts
[11:25] {Threei} they need to get rid of lease at this point
[11:26] {GeoArb} they are all loosing money hand over fist on leases
[11:26] {Threei} IMO, in preparation for total fleet revamping which is going to make gasoline-based cars impossible to sell
[11:26] {Threei} not really Geo
[11:26] {Threei} lease is more pfoitable for them
[11:26] {GeoArb} in fact one of them stopped leasing
[11:26] {GeoArb} right now
[11:27] {GeoArb} lemme find the article
[11:27] {Threei} all 3 actually are backing away of it
[11:27] {GeoArb} yeah
[11:27] {Threei} don't bother, I read it
[11:27] {GeoArb} heheh
[11:27] {Threei} but their abandoning lease is not based on losing money on it
[11:27] {GeoArb} credit crunch
[11:27] {GeoArb} and resale lower than projection
[11:27] {Threei} they lease you a car,
[11:28] {Threei} you come back in 3-4 years,
[11:28] {Threei} dump a car in their lap,
[11:28] {Threei} and get another one.
[11:28] {Threei} ABK 4
[11:28] {Threei} Everything worked fine while business was as usual
[11:28] {Threei} However when they are in the middle of turning their fleet into different technology
[11:29] {Threei} old cars will be unsellable
[11:29] {Threei} aand they prefer to sell it to you today and have you stuck with it
[11:29] {Threei} instead of you dumping it on them, get your new shining super-duper-nuclear-hydrogen-electric
[11:29] {Threei} and them stuck with obsolete gasolin dybosaur they can't sell
[11:30] {GeoArb} also IMO they are having difficulty in credit to pass along
[11:30] {Threei} everyone does...
[11:30] {GeoArb} i like amtrack
[11:30] {Threei} that's of less concern to them though
[11:31] {Threei} they still give you financing, right?
[11:31] {GeoArb} i am a socialist rubbing sholders with other commoners
[11:31] {Threei} need credit for that even more than for lease
[11:32] {Threei} anyone found entry on ABK?
[11:32] {GeoArb} what no socialist comment sneers?
[11:32] {GeoArb} man.....
[11:32] {lars} +.17 on ABK
[11:33] {lars} thx Vad
[11:33] {Threei} :)
[11:34] {kazaam} vad, which scanner first popped up ABK?
[11:35] {Threei} news bfore open
[11:35] {kazaam} trade the news?
[11:36] {Threei} [08:49] {Threei} ABK
[11:36] {Threei} [08:49] {Threei} SETTLES $1.4B CDO SQUARED TRANSACTION, MAKING PAYMENT OF $850M
[11:36] {Threei} [08:49] {Threei} - Company has settled one of its largest CDO exposures, AA Bespoke, in exchange for a final cash payment of $850 million to its sole counterparty. AA Bespoke is a $1.4 billion transaction that originally comprised AA rated CDO of ABS tranches, most of which have been downgraded to below investment grade since the inception of the transaction
[11:36] {kazaam} ty
[11:37] {Threei} [09:13] {Threei} abk
[11:37] {Threei} [09:13] {Threei} possible player today
[11:40] {esemde} The other thing about those interest free loans is that Gm gets there money right away anyway. Principal and interest. All they do is sell the loan to a cllection agency whom are just brutal when it comes to collecting from you.
[11:52] {Threei} trying to get a feel if ABK done or worth a bounce
[11:52] {Threei} not sure
[12:02] {kazaam} when does regular trading "summer" start and end?
[12:05] {Threei} mid-June - Labor day
[14:05] {Threei} US STATE DEPT NOTES EXPECTING A RESPONSE FROM IRAN ON ITS LATEST NUCLEAR INCENTIVES OFFER OVER THE WEEKEND (THE EXISTING DEADLINE FOR A RESPONSE IS THIS WEEKEND)
[14:05] {Threei} {USO}
[14:05] {Threei} OPEC MIN: OPEC WILL INTERVENE IN OIL MARKET IF SUPPLY SURPASSES DEMAND TO CREATE BALANCE
[14:05] {Threei} {USO OIH}
[14:05] {magoo} l rimm 120
[14:05] {magoo} sm
[14:05] {magoo} 200 bux stop whatever size
[14:05] {magoo} lay out .61
[14:05] {lars} iwas just gonna ask target... i need to type faster
[14:05] {Roman} 21 WM
[14:05] {Roman} 21 .
[14:05] {magoo} i have 300 sh so my stiop is .39
[14:05] {magoo} trade needs mkt power
[14:05] {Roman} 21 99% chance u will make money
[14:05] {Roman} 21 on this trade
[14:05] {kazaam} what do you thik about NYX double bottom
[14:05] {magoo} safer exit .33
[14:05] {kazaam} oh damn, just moved
[14:05] {lars} abk moving
[14:05] {kazaam} nevermind vad
[14:05] {magoo} on WM rfr?
[14:05] {Roman} 21 RIMM
[14:05] {magoo} oh
[14:05] {Roman} 21 u on RIMM
[14:05] {Roman} 21 u got the power
[14:05] {magoo} i leave exit at .61
[14:05] {Roman} 21 why not $125
[14:05] {magoo} well...if IF mkt goes green yeah
[14:05] {Roman} 21 WM sqeezing short a bit
[14:05] {Threei} ABK is serious aabout squeezing today
[14:05] {Threei} MER .61 long if stays above .50
[14:05] {Threei} invalidated
[14:05] {Threei} PREVIEW: JULY US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
[14:05] {Threei} **consensus estimates:
[14:05] {Threei} - Ford: -20%e adjusted basis (usually released at Noon ET).
[14:05] {Threei} - GM: -25%e adjusted basis (usually released around 1:45pmET).
[14:05] {Threei} - July 2008 had 26 selling days, two more than July 2007. On an unadjusted basis, the estimates above would be higher by about 8% (i.e F -12%e, and GM -17%e).
[14:05] {magoo} out rimm
[14:05] {magoo} dont lose here
[14:05] {magoo} had .51
[14:05] {Roman} 21 CHK
[14:05] {Roman} 21 long small 50.32 stop under 50
[14:05] {Threei} WHITE HOUSE: PREMATURE TO DISCUSS A 2ND ECONOMIC STIMULUS
[14:05] {Threei} ABK is aiming for 4 and above
[14:05] {Threei} CHRYSLER IS REPORTEDLY INCREASING INCENTIVES FOR PURCHASES AFTER END TO LEASING PROGRAM, PROVIDING $2K CASH BACK IN ADDITION TO 6 YR, INTEREST FREE LOANS
[14:05] {Threei} {F GM}
[14:05] {esemde} 6 year interest free loans??? there nuts
[14:05] {Threei} they need to get rid of lease at this point
[14:05] {GeoArb} they are all loosing money hand over fist on leases
[14:05] {Threei} IMO, in preparation for total fleet revamping which is going to make gasoline-based cars impossible to sell
[14:05] {Threei} not really Geo
[14:05] {Threei} lease is more pfoitable for them
[14:05] {GeoArb} in fact one of them stopped leasing
[14:05] {GeoArb} right now
[14:05] {GeoArb} lemme find the article
[14:05] {Threei} all 3 actually are backing away of it
[14:05] {GeoArb} yeah
[14:05] {Threei} don't bother, I read it
[14:05] {GeoArb} heheh
[14:05] {Threei} but their abandoning lease is not based on losing money on it
[14:05] {GeoArb} credit crunch
[14:05] {GeoArb} and resale lower than projection
[14:05] {Threei} they lease you a car,
[14:05] {Threei} you come back in 3-4 years,
[14:05] {Threei} dump a car in their lap,
[14:05] {Threei} and get another one.
[14:05] {Threei} ABK 4
[14:05] {Threei} Everything worked fine while business was as usual
[14:05] {Threei} However when they are in the middle of turning their fleet into different technology
[14:05] {Threei} old cars will be unsellable
[14:05] {Threei} aand they prefer to sell it to you today and have you stuck with it
[14:05] {Threei} instead of you dumping it on them, get your new shining super-duper-nuclear-hydrogen-electric
[14:05] {Threei} and them stuck with obsolete gasolin dybosaur they can't sell
[14:05] {GeoArb} also IMO they are having difficulty in credit to pass along
[14:05] {Threei} everyone does...
[14:05] {GeoArb} i like amtrack
[14:05] {Threei} that's of less concern to them though
[14:05] {Threei} they still give you financing, right?
[14:05] {GeoArb} i am a socialist rubbing sholders with other commoners
[14:05] {Threei} need credit for that even more than for lease
[14:05] {Threei} anyone found entry on ABK?
[14:05] {GeoArb} what no socialist comment sneers?
[14:05] {GeoArb} man.....
[14:05] {lars} +.17 on ABK
[14:05] {lars} thx Vad
[14:05] {Threei} :)
[14:05] {kazaam} vad, which scanner first popped up ABK?
[14:05] {Threei} news bfore open
[14:05] {kazaam} trade the news?
[14:05] {Threei} [08:49] {Threei} ABK
[14:05] {Threei} [08:49] {Threei} SETTLES $1.4B CDO SQUARED TRANSACTION, MAKING PAYMENT OF $850M
[14:05] {Threei} [08:49] {Threei} - Company has settled one of its largest CDO exposures, AA Bespoke, in exchange for a final cash payment of $850 million to its sole counterparty. AA Bespoke is a $1.4 billion transaction that originally comprised AA rated CDO of ABS tranches, most of which have been downgraded to below investment grade since the inception of the transaction
[14:05] {kazaam} ty
[14:05] {Threei} [09:13] {Threei} abk
[14:05] {Threei} [09:13] {Threei} possible player today
[14:05] {esemde} The other thing about those interest free loans is that Gm gets there money right away anyway. Principal and interest. All they do is sell the loan to a cllection agency whom are just brutal when it comes to collecting from you.
[14:05] {Threei} trying to get a feel if ABK done or worth a bounce
[14:05] {Threei} not sure
[14:05] {kazaam} when does regular trading ""summer"" start and end?
[14:18] {peterg} hello?
[14:19] {Threei} hi
[14:19] {Threei} one made it
[14:19] {peterg} just got email with right entry
[14:19] {Threei} we sent e-mail to all members
[14:19] {peterg} good to be back.
[14:20] {peterg} what was that all about?
[14:20] {Threei} server problem at ChatSpace
[14:20] {peterg} server crash
[14:20] {peterg} ok, onwards; whats up?
[14:20] {Threei} no idea... looking around
[14:24] {peterg} server refused me entry for until it decided it liked me
[14:24] {Threei} ELN is a disaster... short on bonuses
[14:26] {Threei} no one reads e-mails I take it
[14:27] {peterg} i was corresponding with RT svs
[14:27] {Threei} yes
[14:27] {Threei} we sent mass e-maiol with new IP
[14:27] {peterg} so primed
[14:27] {peterg} i dont think i got that
[14:28] {peterg} no; didntget
[14:28] {patience} didn't get an email vad
[14:28] {Threei} sigh
[14:28] {patience} remembered to go to the RT site for the ip string
[14:28] {peterg} thats why its just you me, now patience
[14:28] {patience} sounds good, let's make all the money today :)
[14:28] {Threei} yes... it has changed, site just got updated
[14:29] {Threei} short the hell out of ELN, this thing is not done dropping... IMO
[14:30] {Threei} if we get lucky to have it bounced to 10.5 would be great
[14:31] {peterg} short at .91
[14:31] {Threei} stop over 10
[14:34] {Threei} needs better bounce
[14:35] {kazaam} thought my time ran out
[14:35] {Threei} lol
[14:35] {Threei} you got e-mail?
[14:35] {kazaam} yeah
[14:35] {kazaam} how many days do i have?
[14:36] {kazaam} once i get the email?
[14:36] {Threei} I mean e-mail with new server IP to login the room
[14:37] {kazaam} oh, yeah i got new server IP email
[14:37] {kazaam} how would i get here if i didnt get it?
[14:37] {Threei} well, there is a reserve server on our website
[14:37] {kazaam} Ohhhh
[14:37] {Threei} on trasding room page
[14:38] {Threei} you can pull it from there
[14:38] {kazaam} gotcha, spicing up summer trading i see
[14:38] {Threei} hehe
[14:41] {peterg} still likee short ELN?
[14:41] {Threei} yes... just hard to time it here, too nervous trader
[14:41] {peterg} i am a nervous trader
[14:41] {peterg} too
[14:42] {peterg} wkg on it
[14:42] {Threei} leave it alone then, it's not an easy stock
[14:45] {kazaam} when does "summer" trading end and begin?
[14:46] {Threei} mid-June - Labor day
[14:46] {Threei} usually
[14:56] {kazaam} ty
[15:04] {peterg} dcc laserdave1
[15:09] {Threei} C
[15:09] {Threei} NY ATTY GENERAL CUOMO MAY CHARGE CITIGROUP WITH FRAUD OVER AUCTION RATE SECURITIES MARKETING - CNBC
[15:09] {Threei} - Cuomo notes that the charges may ask that Citigroup buy ARS back from customer at PAR
[15:09] {Threei} - Reminder earlier this morning Citigroup disclosed the SEC had issued a formal order of investigation related to ARS
[15:10] {peterg} Memo to self: when short, do not sell to end transaction.
[15:10] {peterg} You only sell more......
[15:10] {kazaam} lol peter, i have 10 of those memos posted around my desk
[15:10] {kazaam} i guess they havent been working for me
[15:10] {peterg} u 2?
[15:12] {kazaam} i started to use only hotkeys because my memos were piling up
[15:14] {peterg} ok all calling it a day--bye kaz, laz, vad, pat
[15:14] {Threei} take care peter
[15:26] {magoo} HEY
[15:26] {patience} oh magoo!!! i missed you.
[15:26] {magoo} was here..knocked out
[15:28] {magoo} ty vad
[15:29] {laserdave1} hey mags
[15:29] {magoo} hi dave
[15:29] {Threei} what a pain
[15:29] {laserdave1} magoo
[15:29] {laserdave1} ya i know
[15:29] {Threei} chatspace had to physically relocate server
[15:29] {laserdave1} he can drive ya cooky
[15:29] {laserdave1} :)
[15:29] {magoo} i was out like hour
[15:36] {Threei} ABK looks to go over 4 once more
[15:40] {magoo} any reports after bell?
[15:40] {Threei} nothing of significance
[15:41] {Threei} ARBA is dfoing it again or what
[15:41] {Threei} runup with no news
[15:56] {Threei} OK guys, have a great weekend
[15:56] {Threei} see you on Monday
[15:56] {magoo} ok ty vad
[15:57] {Threei} dns propagation should occur till then
[15:57] {Threei} so no need in reserve server
[15:57] {Threei} but if not, use this new one
[15:58] {Threei} it posted at http://www.realitytrader.com/tradingroom/ in red letters closer to the bottom of the page
[16:01] {laserdave1} later everyone
Friday, August 1, 2008
Thursday, July 31, 2008
Jul 31 2008
Session Time: Thu Jul 31 00:00:00 2008
[08:04] {Threei} MA
[08:04] {Threei} REPORTS Q2 $2.11 V $2.02E, R $1.2B V $1.21BE
[08:04] {Threei} - Q2 Charge volume +15.7%{V AXP XLF TLT}
[08:11] {Threei} PREVIEW: US INITIAL JOBLESS CLAIMS DATA DUE OUT AT 8:30 AM ET
[08:11] {Threei} - Expectations for initial claims are 393K v prior release of 406K.
[08:11] {Threei} - Continuing claims seen at 3.150M v prior 3.017M.
[08:11] {Threei} PREVIEW: Q2 EMPLOYMENT COST INDEX EXPECTED AT 8:30AM
[08:11] {Threei} - consensus expectations at 0.7% v 0.7% last
[08:11] {Threei} PREVIEW: Q2 ADVANCED GDP ANNUALIZED AND PERSONAL CONSUMPTION DUE AT 8:30 AM
[08:11] {Threei} Consensus expectations:
[08:11] {Threei} - GDP Annualized: 2.3% v 1.0% prior
[08:11] {Threei} - Personal Consumption: 1.7% v 1.1% prior
[08:12] {Threei} PREVIEW: Q2 ADVANCED GDP PRICE INDEX AND CORE PCE Q/Q DUE AT 8:30 AM
[08:12] {Threei} Consensus expectations:
[08:12] {Threei} - GDP Price Index: 2.4% v 2.7% last
[08:12] {Threei} - Core PCE Q/Q: 2.0% v 2.3% last
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 448K V 393KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.282M V 3.150ME
[08:30] {Threei} - Prior Jobless Claims revised from 406K to 404K
[08:30] {Threei} Q2 ADVANCED GDP ANNUALIZED: 1.9% V 2.3%E; PERSONAL CONSUMPTION: 1.5% V 1.7%E
[08:31] {Threei} Q2 ADVANCED GDP PRICE INDEX: 1.2% V 2.4%E; CORE PCE Q/Q: 2.1% V 2.0%E
[08:56] {judijim} good morning all
[08:56] {Threei} Good morning
[09:08] {dptl} good morning all
[09:10] {Threei} dp :)
[09:13] {fernp} Good morning RT
[09:14] {Threei} fern :)
[09:16] {magoo} .,d.,jl,srgjlkj.ksadjl
[09:16] {Threei} lkf0578y7ngksyl?
[09:17] {cosmo} HOLX takes back 19 fwiw
[09:18] {cosmo} ...should hold 19 imo
[09:18] {magoo} so jiobs number stinx eh?
[09:18] {Threei} sure does
[09:19] {Threei} so let's rally
[09:19] {Threei} bad is new good, have you heard?
[09:19] {cosmo} bad is no good i thot
[09:19] {Threei} that's canceled
[09:20] {cosmo} oh
[09:22] {cosmo} HOLX is bad
[09:27] {tomg} gm all
[09:27] {Threei} tom :)
[09:27] {magoo} what u watchin vad?
[09:27] {Threei} so far usual suspects
[09:31] {magoo} are we down 108?
[09:31] {Threei} 115
[09:37] {peterg} gm group
[09:37] {Threei} peter :)
[09:37] {magoo} sheesh..fslr peaked after bell 311..
[09:37] {magoo} gave aallback
[09:37] {Threei} FNM
[09:37] {Threei} .61 long
[09:37] {Threei} .45 stop
[09:37] {magoo} in .58
[09:38] {magoo} l aapl .50
[09:40] {Threei} stop to .49
[09:41] {magoo} vad, rimm sh scalp?look
[09:41] {Threei} no read on a short side
[09:41] {Threei} no setup
[09:41] {magoo} well..will breathe
[09:41] {Threei} I don't short just because it's up a lot
[09:42] {Threei} will, of course,... but how do you tell from where?
[09:42] {magoo} a red candle is coming
[09:42] {magoo} out aaple .24 here
[09:42] {magoo} +.74
[09:42] {Threei} full buck up while we exchange
[09:43] {Threei} stop to .55 FNM
[09:43] {cosmo} HOLX wants 20 hod
[09:43] {Threei} don't want to wait too long for it to work
[09:43] {lars} nice job aapl magoo :)
[09:43] {Threei} market moves, either FNM follows or let's limit our risk
[09:44] {magoo} lars...if play aapl rimm small shares like 300 - 500 ok?
[09:44] {magoo} minus 200 bux is standard stop i use
[09:44] {lars} understood thx
[09:45] {Threei} SYMC
[09:45] {magoo} little room to avoid rinse..small shares to control risk
[09:45] {Threei} 21 break long
[09:45] {Threei} JULY CHICAGO PURCHASING MANAGER'S INDEX: 50.8 V 49.0E
[09:45] {magoo} in
[09:45] {magoo} .99
[09:45] {Threei} .89 stop
[09:46] {magoo} vasd right..rimm would habve got me short
[09:46] {Roman} 21 long ESLR
[09:46] {Roman} 21 small
[09:47] {magoo} vad..news RIMM?
[09:47] {Threei} 07/30/08 06:17pm [RIMM] Bullish mention on Jim Cramer's MAD MONEY - CNBC
[09:47] {magoo} ahhhhhhhhhhhhhhh
[09:48] {Threei} 1:1 FNM
[09:48] {Threei} (fiiinally)
[09:48] {Threei} took its sweet time
[09:48] {Threei} 1:1 SYMC
[09:49] {Threei} 1:2
[09:49] {Threei} I am out
[09:49] {magoo} me out now .23 TY BOSS
[09:49] {Threei} welcome
[09:49] {kazaam} alxn?
[09:49] {magoo} out here .75 FNM...ssob yt
[09:49] {Threei} 93 break
[09:50] {Threei} very thin
[09:50] {lars} + .29 symc thx!
[09:50] {Threei} volatility is beyond my risk tolerance
[09:50] {Threei} lars :)
[09:50] {magoo} wtg lars
[09:50] {lars} still half in fnm
[09:51] {Threei} FNM 1:2
[09:51] {Threei} can I go home?
[09:51] {magoo} what u think??
[09:51] {lars} no.... please no :)
[09:51] {Threei} lol
[09:51] {Threei} after morning activity dies I am going to call stops only :)
06[09:52] * Threei is trying to blackmail his way to a day off
[09:52] {lars} + .30 fnm 2 for 2 Vad!
[09:52] {Threei} good job lars
[09:52] {peterg} have to agree; I am stumbling over my fingers
[09:52] {Threei} especially satistfying to see such perfomance from newer mebemrs
[09:53] {magoo} sigh...he never once said nice thing about magoo
[09:53] {lars} thx... i am playing very small shares now
[09:53] {Threei} ugh mags
[09:53] {Threei} I had about 10 competing comebacks to that one
[09:53] {magoo} oh oh
[09:54] {magoo} lol
[09:54] {lars} till i get comfortable with risk and probability
[09:54] {Threei} and you have no idea what effort and self-control it took me to refrain :)
[09:54] {magoo} lars..dino mentioned this 2 me monthsago...size down..mkt to wippy..good plays getting rinsed
[09:55] {magoo} give me at least 1 boss
[09:55] {lars} you guys are awesome though
[09:55] {lars} i checked a few sites... your the best
[09:55] {Threei} thank you lars, we believe so too
[09:55] {magoo} did u ever go to my site??
[09:55] {Threei} ok mags, this one is the most polite:
[09:56] {magoo} oy
[09:56] {lars} hmmm no...
[09:56] {magoo} GOOD
[09:56] {lars} maybe
[09:56] {lars} :)
[09:56] {Threei} "they don't make glasses so deep-pink that I need to find anything nice about you" VBG}
[09:57] {Threei} trust me, the remaining 9 are way way worse {G}
[09:57] {magoo} give me a worse one/...i respond better to negativity
[09:57] {Threei} lol
[09:58] {Threei} let's see if 101 acts as rejecting resistance for USO
[09:58] {Threei} if so, UAUA is play
[09:58] {Threei} reminder, what we want to see is sharp long red bar on USO
[09:58] {Threei} and UAUA giving delay for entry
[09:59] {lars} that worked great yesterday by the way
[09:59] {magoo} what is UAUA again,seriouslty?
[09:59] {Threei} airline
[09:59] {Threei} United
[09:59] {magoo} man..am i a daytrader or what?
[09:59] {Threei} established pattern of moving in inverted relation to oil
[09:59] {magoo} i truly do not know even the companies we hit repeadily
[09:59] {lars} lol magoo
[10:00] {Threei} I don't know most of them either :)
[10:00] {lars} it shows on my chart thats how i know
[10:00] {Threei} it's just that some names become players because of certain ceircumstances
[10:00] {Threei} and familiarizing myself with ceircumstances I come to an idea of aa trade
[10:01] {Threei} in the rest of cases I simply go wirth setups as they form
[10:01] {Threei} what does SYMC do?
[10:01] {Threei} {shrug}
[10:01] {Threei} day trader's answer:
[10:01] {lars} anti virus
[10:01] {Threei} it formed JBE and made us money
[10:01] {Threei} ah, it's Symantec?
[10:02] {lars} believe so
[10:02] {Threei} cool... I use their product AND make money of their stock?
[10:02] {lars} :)
[10:02] {Threei} double use? I love the company, lol
[10:03] {Threei} this USO/UAUA move was not very useable to me
[10:06] {kazaam} PCLN?
[10:06] {Threei} gosh... how do you manage to select stocks that move 50 cents in a single breath? :)
[10:06] {lars} USO new low
[10:06] {kazaam} lol
[10:07] {Threei} let'
[10:07] {Threei} s see how far UAUA can follow it
[10:08] {Threei} 10:06 USO bar was good enough for entry, 8.52 - .53 was available
[10:08] {Threei} I would expect it to be much higher already
[10:08] {Threei} new low USO but no new high UAUA
[10:09] {Threei} pattern maybe dying
[10:09] {lars} UAUA doesnt want to crack 8.60
[10:10] {Threei} check other airlines to see if the pattern stops working for all of them or its UAUA specific
[10:10] {Threei} NWA, DAL
[10:10] {Threei} I don't see any of them making new high on new USO low
[10:11] {Threei} so there is a good chance this trading idea is on its last leg
[10:11] {dptl} skyw may be
[10:12] {dptl} also air
[10:12] {Threei} same chart
[10:12] {lars} 100 USO support.... for now....
[10:12] {Threei} JBLU interesting chart for 5.50 break
[10:13] {Threei} SNDK
[10:14] {Threei} .26 long
[10:14] {Threei} under .15 stop
[10:15] {magoo} WOW alxn
[10:21] {kazaam} any ideas for HK?
[10:22] {Threei} range 32 - 32.50...
[10:22] {Threei} a bit too wide to play break
[10:22] {Threei} stop to .18 SNDK
[10:23] {Threei} don't want to give them breathing room as market moves farther from opening
[10:24] {Threei} WHITE HOUSE ECON ADVISOR LAZEAR: CURRENT DATA SHOWS THAT THE STIMULUS PACKAGE IS WORKING - CNBC INTERVIEW
[10:25] {peterg} I am very stimulated
[10:26] {Threei} FNM 12 break long
[10:26] {Threei} .85 stop
[10:27] {Threei} .89 stop
[10:28] {magoo} in
[10:30] {esemde} I'm here....all be it on my kids computor....but i'm here
[10:30] {Threei} ese :)
[10:31] {esemde} I hate computors!!!!....always somethin ...always somethin
[10:31] {Threei} FNM, feel free to take scalp
[10:31] {Threei} hate how long it takes
[10:34] {magoo} what about SNDK?
[10:35] {Threei} with this one I am more comfortable
[10:35] {magoo} i in fnm 12..u saying cut flat?
[10:35] {Threei} it doesn't have a history of sudden deep drops
[10:35] {Threei} I actually meant taking scalp when it was .07- .09
[10:36] {magoo} i am/was wait .14
[10:37] {Threei} out SNDK
[10:42] {lars} out half fnm
[10:44] {lars} fnm target?
[10:44] {magoo} im gettin out here
[10:44] {magoo} out .18, TY vad
[10:45] {magoo} lars ..it prob breathe
[10:45] {Threei} can't tell really lars
[10:46] {lars} out .14 ave thx!
[10:46] {magoo} out sndk .23..lil loss..no lunch
[10:46] {magoo} im on diet anywho
[10:49] {Threei} FRE
[10:49] {Threei} WILL DOUBLE INCENTIVES TO MORTGAGE SERVICER COMPANIES WHO ASSIST BORROWERS IN AVOIDING FORECLOSURE
[10:49] {Threei} {FNM}
[10:58] {kazaam} sbux?
[10:59] {Threei} 15 break if consolidates a bit here
[11:00] {Threei} right away without couple shallow pullbacks first - not sure
[11:02] {kazaam} if oil doesn't drop i wonder if the market will be able to break yesterdays highs
[11:10] {Threei} AGIX move is out of another era
[11:11] {esemde} do penny stocks not normally move like that in one day Vad?
[11:11] {esemde} don't play them so I don't know
[11:13] {Threei} well... in this market, no :)
[11:13] {Threei} there was time they posted incredible moves
[11:13] {Threei} long ago
[11:13] {Threei} 1000 years b.c
[11:14] {Threei} used to be quite a source of profits, considering you could easily buy 5-20 K
[11:15] {Threei} FNM bounce zone closer to 12
[11:16] {Threei} actually, missed it already
[11:16] {Threei} slept through a drop
[11:18] {magoo} [11:17] {Threei} slept through a drop
[11:18] {magoo} u bastard he he
[11:22] {Threei} REPORTEDLY IRAN HAS CUT IDLEING PERSIAN GULF TANKERS BY HALF
[11:22] {Threei} {USO}
[11:22] {Threei} no buyers?
[11:22] {Threei} world has more oil than it needs?
[11:23] {lars} or refiners cant use heavy oil?
[11:23] {Threei} REPORTEDLY IRAN HAS CUT IDLING PERSIAN GULF TANKERS BY HALF TO 5 SHIPS - UNCONFIRMED REPORT CITING TRACKING DATA
[11:23] {Threei} - sent 3 supertankers to Suez canal and one to Saudi Arabia
[11:23] {Threei} *This story was originally posted to clients entitled to Global Equities{USO}
[11:28] {magoo} sh rimm here .08
[11:35] {peterg} nice,lkg gd
[11:36] {magoo} ciover here .75, +.33
[11:36] {kazaam} nj
[11:36] {kazaam} why does j look like i
[11:36] {kazaam} J
[11:36] {Chaeron} hi all... good one magoo
[11:37] {magoo} chaer baby:)
[11:38] {peterg} wanna do it again?
[11:38] {esemde} CCCCCHHHH BABY!!!!!!!
[11:38] {Threei} chaeron :)
[11:38] {Chaeron} heya ese, Threei
06[11:43] * laserdave1 slaps laserdave1 around a bit with a large trout
[11:43] {laserdave1} before anyone gets a chance
06[11:43] * laserdave1 slaps Threei around a bit with a large trout
06[11:43] * laserdave1 slaps Chaeron around a bit with a large trout
06[11:43] * laserdave1 slaps magoo around a bit with a large trout
[11:44] {Chaeron} niiiiiiiiiiice
[11:44] {Chaeron} :)
[11:44] {laserdave1} ya sneak attack
[11:44] {laserdave1} u guys are usually so fast
06[11:45] * magoo slaps laserdave1 around a bit with a large trout
06[11:45] * magoo slaps laserdave1 around a bit with a large trout
06[11:45] * magoo slaps laserdave1 around a bit with a large trout
[11:45] {laserdave1} nice
[11:46] {peterg} love that fresh fish smell
[11:46] {Chaeron} Threei's asleep :)
[11:46] {Chaeron} can't blame him :)
[11:46] {Threei} hmm...?
[11:46] {Threei} where am I?
[11:46] {Threei} who is here?
[12:09] {kazaam} TAP?
[12:09] {Threei} no read
[12:10] {kazaam} ty
[12:11] {Threei} break of 54 or short of it, has equal chance of working
[12:13] {kazaam} do you see that spike of volume on TAP?
[12:13] {kazaam} what does that generally mean when its at a level like that?
[12:14] {Threei} not much
[12:14] {Threei} single bar weather not maketh
[12:14] {kazaam} gotcha
[12:14] {Threei} could be some block taken out
[12:18] {magoo} rimm sh
[12:18] {magoo} risky..small
[12:19] {magoo} .30
[12:20] {magoo} .56 stop
[12:20] {magoo} layout either .08 or 122.87
[12:21] {magoo} sigh
[12:22] {magoo} stopped
[12:53] {dptl} mhgc?
[13:01] {Threei} tough one
[13:01] {Threei} mostly because of general market sleepiness
[13:02] {dptl} ye looks like need market help
[13:03] {Threei} US TREASURY SEC. PAULSON: STIMULUS PACKAGE WILL CONTINUE TO SUPPORT GDP IN 2H08; HOUSING STARTS MAY REMAIN WEAK THROUGH 2008, RECOVERY WILL TAKE MONTHS, NOT YEARS
[13:03] {Threei} - notes there are no new plans to help FNM and FRE
[13:03] {Threei} - Expects foreclosures and elevated inventory to stay elevated through 2009{FNM FRE}
[13:09] {Threei} SEC'S COX: SHORT SELLING RULE HAS REDUCED ABUSIVE PRACTICES, WILL EXPAND THE RULES OVER THE COURSE OF SEVERAL MONTHS
[13:09] {Threei} - Notes the SEC is cooperating with the Fed on financial regulations.
[13:11] {Threei} 12.20 break FNM... if market helps
[13:21] {dptl} got to go...have a good rest of the day all...see ya tomorrow
[13:21] {Threei} take care dp
[13:22] {hawkfan4} cya dp
[13:23] {kazaam} vad, your IF I WERE SMARTER exercise is perfect
[13:24] {Threei} :)
[13:24] {kazaam} fast and simple
[13:26] {Threei} that's me
[13:26] {Threei} simple
06[13:35] * Threei slaps laserdave1 around a bit with a large trout
[13:35] {Threei} and sometimes violent
[13:35] {Threei} particularly when I bored
06[13:41] * magoo slaps laserdave1 around a bit with a large trout
06[13:41] * magoo slaps Threei around a bit with a large trout
06[13:42] * magoo slaps Roman around a bit with a large trout
06[13:42] * magoo slaps Chaeron around a bit with a large trout
[13:42] {Threei} hmmm... magoo got tired?
[13:42] {Threei} I expected slapping rampage to continue through the whole list
[13:43] {Threei} instead he fell asleep with trout in hand after 4 slaps
[13:44] {magoo} strategic slapping
[13:45] {Threei} interersting strategy...
[13:45] {magoo} u should tru it lol
[13:58] {magoo} vad its timner for my daily question
[13:58] {Threei} down
[13:59] {magoo} lol
[13:59] {Threei} :)
[13:59] {magoo} thats it
06[14:00] * Threei reads in magoo's mind: "short at will!!"
[14:03] {magoo} lazer dcc
[14:04] {magoo} sh rimm small .64
[14:09] {magoo} dqam..stopped..thats twice
[14:44] {Threei} WM UPDATE: MOVES HIGHER AFTER TOSCAFUND DISCLOSES 6% PASSIVE STAKE - FILING
[14:48] {Threei} DEFENSE SECRETARY GATES: THERE IS A 'REAL POSSIBILITY' OF WITHDRAWING SOME MORE TROOPS FROM IRAQ
[14:48] {Threei} - Joint Chiefs Mullen: conditions have 'dramatically improved' in Iraq
[15:14] {kazaam} today made turtle racing look like formula 1
[15:14] {lars} lol
[15:16] {Threei} imagine how we handled whole summers of such
[15:17] {Threei} this slowness came about just last week, and only after couple active hours in the morning
[15:17] {kazaam} its seems the best way to play the summer would be to trade the morning and then take the rest of the day off....or is that just offensively lazy
[15:17] {Threei} no such thing as offensively lazy
[15:17] {Threei} lazy is good
[15:17] {Threei} in my eyes at least
[15:18] {Threei} don't know... I still prefer to be here and watch things
[15:18] {Threei} you never know when a company with $1 stock announces total cancer cure
[15:19] {Threei} FORMER FED CHMN GREENSPAN: ECONOMY IS HOLDING UP WELL, STRENGTH IS A 'SURPRISE' - CNBC
[15:20] {Threei} he forgot to add "despite my best efforts"
[15:28] {esemde} I'm with Vad....whenever I can.....just hang in there....ya just never know when the next cure all will come around
[15:31] {Threei} put one name in your memory for the more favorable market and for when it starts making its move
[15:31] {Threei} VVUS
[15:31] {Threei} HAVE A LOOK AT DAILY
[15:31] {Threei} nice ascending triangle shaping
[15:31] {Threei} holding xloselty below 52 week high
[15:32] {magoo} vad..nice sell feel
[15:32] {Threei} Greenspan continues
[15:32] {Threei} - Notes that we are 'nowhere near the bottom' in terms of household prices.
[15:32] {Threei} - still sees 50/50 chance for recession, though feels more inclined to believe the US is headed for a recession.
[15:32] {Threei} - believes that ultimately Fannie Mae and Freddie Mac will be nationalized, the GSE's are a 'major accident waiting to happen.'{FRE FNM}
[15:33] {Threei} send him a duct tape someone
[15:33] {Threei} this comment of his on FRE/FNM just tanked both
[15:34] {lars} wondered why big drop
[15:34] {Threei} 'cause of big mouth
[15:36] {lars} ya... better he just keeps quiet
[15:36] {Threei} sad thing is, we hear these things now from the man who engineered current crisis
[15:37] {lars} plus faith is sketchy with Ben
[15:38] {Threei} let's drop rates to historical lows and keep them there, let's not regulate lending practices and let's not regulate the process of motrgage securitization and consequent derivatives trading - signed: Greenspantrading
[15:38] {Threei} result - housing bubble born and left unchecked
[15:38] {lars} sad but true
[15:44] {Threei} mags... ever reshorted RIMM?
[15:46] {magoo} several
[15:46] {magoo} right now too
[15:47] {magoo} sh from .03
[15:47] {Threei} :)
[15:51] {magoo} cov here .58
[15:51] {magoo} TY
[15:51] {Threei} good one
[15:52] {Threei} US SENATOR GRASSLEY: OIL SPECULATION INCREASE IN TAXES COULD AFFECT HEDGE FUNDS
[15:52] {Threei} {USO}
[15:53] {Threei} okay guys, thank you all,
[15:53] {Threei} not very active but fairly nice day
[15:53] {Threei} have a good evening
[15:53] {Threei} see you all tomorrow
[15:53] {lars} thx Vad... good day
[15:53] {peterg} bye for now
[15:55] {magoo} ty vad..c u mortrow
[15:56] {magoo} thanx all
[15:57] {lars} tomorrow magoo :)
[15:58] {magoo} good job lars..u da man!!
[15:58] {fernp} bye
[15:59] {magoo} femp:)
[15:59] {magoo} peterg:)
[08:04] {Threei} MA
[08:04] {Threei} REPORTS Q2 $2.11 V $2.02E, R $1.2B V $1.21BE
[08:04] {Threei} - Q2 Charge volume +15.7%{V AXP XLF TLT}
[08:11] {Threei} PREVIEW: US INITIAL JOBLESS CLAIMS DATA DUE OUT AT 8:30 AM ET
[08:11] {Threei} - Expectations for initial claims are 393K v prior release of 406K.
[08:11] {Threei} - Continuing claims seen at 3.150M v prior 3.017M.
[08:11] {Threei} PREVIEW: Q2 EMPLOYMENT COST INDEX EXPECTED AT 8:30AM
[08:11] {Threei} - consensus expectations at 0.7% v 0.7% last
[08:11] {Threei} PREVIEW: Q2 ADVANCED GDP ANNUALIZED AND PERSONAL CONSUMPTION DUE AT 8:30 AM
[08:11] {Threei} Consensus expectations:
[08:11] {Threei} - GDP Annualized: 2.3% v 1.0% prior
[08:11] {Threei} - Personal Consumption: 1.7% v 1.1% prior
[08:12] {Threei} PREVIEW: Q2 ADVANCED GDP PRICE INDEX AND CORE PCE Q/Q DUE AT 8:30 AM
[08:12] {Threei} Consensus expectations:
[08:12] {Threei} - GDP Price Index: 2.4% v 2.7% last
[08:12] {Threei} - Core PCE Q/Q: 2.0% v 2.3% last
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 448K V 393KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.282M V 3.150ME
[08:30] {Threei} - Prior Jobless Claims revised from 406K to 404K
[08:30] {Threei} Q2 ADVANCED GDP ANNUALIZED: 1.9% V 2.3%E; PERSONAL CONSUMPTION: 1.5% V 1.7%E
[08:31] {Threei} Q2 ADVANCED GDP PRICE INDEX: 1.2% V 2.4%E; CORE PCE Q/Q: 2.1% V 2.0%E
[08:56] {judijim} good morning all
[08:56] {Threei} Good morning
[09:08] {dptl} good morning all
[09:10] {Threei} dp :)
[09:13] {fernp} Good morning RT
[09:14] {Threei} fern :)
[09:16] {magoo} .,d.,jl,srgjlkj.ksadjl
[09:16] {Threei} lkf0578y7ngksyl?
[09:17] {cosmo} HOLX takes back 19 fwiw
[09:18] {cosmo} ...should hold 19 imo
[09:18] {magoo} so jiobs number stinx eh?
[09:18] {Threei} sure does
[09:19] {Threei} so let's rally
[09:19] {Threei} bad is new good, have you heard?
[09:19] {cosmo} bad is no good i thot
[09:19] {Threei} that's canceled
[09:20] {cosmo} oh
[09:22] {cosmo} HOLX is bad
[09:27] {tomg} gm all
[09:27] {Threei} tom :)
[09:27] {magoo} what u watchin vad?
[09:27] {Threei} so far usual suspects
[09:31] {magoo} are we down 108?
[09:31] {Threei} 115
[09:37] {peterg} gm group
[09:37] {Threei} peter :)
[09:37] {magoo} sheesh..fslr peaked after bell 311..
[09:37] {magoo} gave aallback
[09:37] {Threei} FNM
[09:37] {Threei} .61 long
[09:37] {Threei} .45 stop
[09:37] {magoo} in .58
[09:38] {magoo} l aapl .50
[09:40] {Threei} stop to .49
[09:41] {magoo} vad, rimm sh scalp?look
[09:41] {Threei} no read on a short side
[09:41] {Threei} no setup
[09:41] {magoo} well..will breathe
[09:41] {Threei} I don't short just because it's up a lot
[09:42] {Threei} will, of course,... but how do you tell from where?
[09:42] {magoo} a red candle is coming
[09:42] {magoo} out aaple .24 here
[09:42] {magoo} +.74
[09:42] {Threei} full buck up while we exchange
[09:43] {Threei} stop to .55 FNM
[09:43] {cosmo} HOLX wants 20 hod
[09:43] {Threei} don't want to wait too long for it to work
[09:43] {lars} nice job aapl magoo :)
[09:43] {Threei} market moves, either FNM follows or let's limit our risk
[09:44] {magoo} lars...if play aapl rimm small shares like 300 - 500 ok?
[09:44] {magoo} minus 200 bux is standard stop i use
[09:44] {lars} understood thx
[09:45] {Threei} SYMC
[09:45] {magoo} little room to avoid rinse..small shares to control risk
[09:45] {Threei} 21 break long
[09:45] {Threei} JULY CHICAGO PURCHASING MANAGER'S INDEX: 50.8 V 49.0E
[09:45] {magoo} in
[09:45] {magoo} .99
[09:45] {Threei} .89 stop
[09:46] {magoo} vasd right..rimm would habve got me short
[09:46] {Roman} 21 long ESLR
[09:46] {Roman} 21 small
[09:47] {magoo} vad..news RIMM?
[09:47] {Threei} 07/30/08 06:17pm [RIMM] Bullish mention on Jim Cramer's MAD MONEY - CNBC
[09:47] {magoo} ahhhhhhhhhhhhhhh
[09:48] {Threei} 1:1 FNM
[09:48] {Threei} (fiiinally)
[09:48] {Threei} took its sweet time
[09:48] {Threei} 1:1 SYMC
[09:49] {Threei} 1:2
[09:49] {Threei} I am out
[09:49] {magoo} me out now .23 TY BOSS
[09:49] {Threei} welcome
[09:49] {kazaam} alxn?
[09:49] {magoo} out here .75 FNM...ssob yt
[09:49] {Threei} 93 break
[09:50] {Threei} very thin
[09:50] {lars} + .29 symc thx!
[09:50] {Threei} volatility is beyond my risk tolerance
[09:50] {Threei} lars :)
[09:50] {magoo} wtg lars
[09:50] {lars} still half in fnm
[09:51] {Threei} FNM 1:2
[09:51] {Threei} can I go home?
[09:51] {magoo} what u think??
[09:51] {lars} no.... please no :)
[09:51] {Threei} lol
[09:51] {Threei} after morning activity dies I am going to call stops only :)
06[09:52] * Threei is trying to blackmail his way to a day off
[09:52] {lars} + .30 fnm 2 for 2 Vad!
[09:52] {Threei} good job lars
[09:52] {peterg} have to agree; I am stumbling over my fingers
[09:52] {Threei} especially satistfying to see such perfomance from newer mebemrs
[09:53] {magoo} sigh...he never once said nice thing about magoo
[09:53] {lars} thx... i am playing very small shares now
[09:53] {Threei} ugh mags
[09:53] {Threei} I had about 10 competing comebacks to that one
[09:53] {magoo} oh oh
[09:54] {magoo} lol
[09:54] {lars} till i get comfortable with risk and probability
[09:54] {Threei} and you have no idea what effort and self-control it took me to refrain :)
[09:54] {magoo} lars..dino mentioned this 2 me monthsago...size down..mkt to wippy..good plays getting rinsed
[09:55] {magoo} give me at least 1 boss
[09:55] {lars} you guys are awesome though
[09:55] {lars} i checked a few sites... your the best
[09:55] {Threei} thank you lars, we believe so too
[09:55] {magoo} did u ever go to my site??
[09:55] {Threei} ok mags, this one is the most polite:
[09:56] {magoo} oy
[09:56] {lars} hmmm no...
[09:56] {magoo} GOOD
[09:56] {lars} maybe
[09:56] {lars} :)
[09:56] {Threei} "they don't make glasses so deep-pink that I need to find anything nice about you" VBG}
[09:57] {Threei} trust me, the remaining 9 are way way worse {G}
[09:57] {magoo} give me a worse one/...i respond better to negativity
[09:57] {Threei} lol
[09:58] {Threei} let's see if 101 acts as rejecting resistance for USO
[09:58] {Threei} if so, UAUA is play
[09:58] {Threei} reminder, what we want to see is sharp long red bar on USO
[09:58] {Threei} and UAUA giving delay for entry
[09:59] {lars} that worked great yesterday by the way
[09:59] {magoo} what is UAUA again,seriouslty?
[09:59] {Threei} airline
[09:59] {Threei} United
[09:59] {magoo} man..am i a daytrader or what?
[09:59] {Threei} established pattern of moving in inverted relation to oil
[09:59] {magoo} i truly do not know even the companies we hit repeadily
[09:59] {lars} lol magoo
[10:00] {Threei} I don't know most of them either :)
[10:00] {lars} it shows on my chart thats how i know
[10:00] {Threei} it's just that some names become players because of certain ceircumstances
[10:00] {Threei} and familiarizing myself with ceircumstances I come to an idea of aa trade
[10:01] {Threei} in the rest of cases I simply go wirth setups as they form
[10:01] {Threei} what does SYMC do?
[10:01] {Threei} {shrug}
[10:01] {Threei} day trader's answer:
[10:01] {lars} anti virus
[10:01] {Threei} it formed JBE and made us money
[10:01] {Threei} ah, it's Symantec?
[10:02] {lars} believe so
[10:02] {Threei} cool... I use their product AND make money of their stock?
[10:02] {lars} :)
[10:02] {Threei} double use? I love the company, lol
[10:03] {Threei} this USO/UAUA move was not very useable to me
[10:06] {kazaam} PCLN?
[10:06] {Threei} gosh... how do you manage to select stocks that move 50 cents in a single breath? :)
[10:06] {lars} USO new low
[10:06] {kazaam} lol
[10:07] {Threei} let'
[10:07] {Threei} s see how far UAUA can follow it
[10:08] {Threei} 10:06 USO bar was good enough for entry, 8.52 - .53 was available
[10:08] {Threei} I would expect it to be much higher already
[10:08] {Threei} new low USO but no new high UAUA
[10:09] {Threei} pattern maybe dying
[10:09] {lars} UAUA doesnt want to crack 8.60
[10:10] {Threei} check other airlines to see if the pattern stops working for all of them or its UAUA specific
[10:10] {Threei} NWA, DAL
[10:10] {Threei} I don't see any of them making new high on new USO low
[10:11] {Threei} so there is a good chance this trading idea is on its last leg
[10:11] {dptl} skyw may be
[10:12] {dptl} also air
[10:12] {Threei} same chart
[10:12] {lars} 100 USO support.... for now....
[10:12] {Threei} JBLU interesting chart for 5.50 break
[10:13] {Threei} SNDK
[10:14] {Threei} .26 long
[10:14] {Threei} under .15 stop
[10:15] {magoo} WOW alxn
[10:21] {kazaam} any ideas for HK?
[10:22] {Threei} range 32 - 32.50...
[10:22] {Threei} a bit too wide to play break
[10:22] {Threei} stop to .18 SNDK
[10:23] {Threei} don't want to give them breathing room as market moves farther from opening
[10:24] {Threei} WHITE HOUSE ECON ADVISOR LAZEAR: CURRENT DATA SHOWS THAT THE STIMULUS PACKAGE IS WORKING - CNBC INTERVIEW
[10:25] {peterg} I am very stimulated
[10:26] {Threei} FNM 12 break long
[10:26] {Threei} .85 stop
[10:27] {Threei} .89 stop
[10:28] {magoo} in
[10:30] {esemde} I'm here....all be it on my kids computor....but i'm here
[10:30] {Threei} ese :)
[10:31] {esemde} I hate computors!!!!....always somethin ...always somethin
[10:31] {Threei} FNM, feel free to take scalp
[10:31] {Threei} hate how long it takes
[10:34] {magoo} what about SNDK?
[10:35] {Threei} with this one I am more comfortable
[10:35] {magoo} i in fnm 12..u saying cut flat?
[10:35] {Threei} it doesn't have a history of sudden deep drops
[10:35] {Threei} I actually meant taking scalp when it was .07- .09
[10:36] {magoo} i am/was wait .14
[10:37] {Threei} out SNDK
[10:42] {lars} out half fnm
[10:44] {lars} fnm target?
[10:44] {magoo} im gettin out here
[10:44] {magoo} out .18, TY vad
[10:45] {magoo} lars ..it prob breathe
[10:45] {Threei} can't tell really lars
[10:46] {lars} out .14 ave thx!
[10:46] {magoo} out sndk .23..lil loss..no lunch
[10:46] {magoo} im on diet anywho
[10:49] {Threei} FRE
[10:49] {Threei} WILL DOUBLE INCENTIVES TO MORTGAGE SERVICER COMPANIES WHO ASSIST BORROWERS IN AVOIDING FORECLOSURE
[10:49] {Threei} {FNM}
[10:58] {kazaam} sbux?
[10:59] {Threei} 15 break if consolidates a bit here
[11:00] {Threei} right away without couple shallow pullbacks first - not sure
[11:02] {kazaam} if oil doesn't drop i wonder if the market will be able to break yesterdays highs
[11:10] {Threei} AGIX move is out of another era
[11:11] {esemde} do penny stocks not normally move like that in one day Vad?
[11:11] {esemde} don't play them so I don't know
[11:13] {Threei} well... in this market, no :)
[11:13] {Threei} there was time they posted incredible moves
[11:13] {Threei} long ago
[11:13] {Threei} 1000 years b.c
[11:14] {Threei} used to be quite a source of profits, considering you could easily buy 5-20 K
[11:15] {Threei} FNM bounce zone closer to 12
[11:16] {Threei} actually, missed it already
[11:16] {Threei} slept through a drop
[11:18] {magoo} [11:17] {Threei} slept through a drop
[11:18] {magoo} u bastard he he
[11:22] {Threei} REPORTEDLY IRAN HAS CUT IDLEING PERSIAN GULF TANKERS BY HALF
[11:22] {Threei} {USO}
[11:22] {Threei} no buyers?
[11:22] {Threei} world has more oil than it needs?
[11:23] {lars} or refiners cant use heavy oil?
[11:23] {Threei} REPORTEDLY IRAN HAS CUT IDLING PERSIAN GULF TANKERS BY HALF TO 5 SHIPS - UNCONFIRMED REPORT CITING TRACKING DATA
[11:23] {Threei} - sent 3 supertankers to Suez canal and one to Saudi Arabia
[11:23] {Threei} *This story was originally posted to clients entitled to Global Equities{USO}
[11:28] {magoo} sh rimm here .08
[11:35] {peterg} nice,lkg gd
[11:36] {magoo} ciover here .75, +.33
[11:36] {kazaam} nj
[11:36] {kazaam} why does j look like i
[11:36] {kazaam} J
[11:36] {Chaeron} hi all... good one magoo
[11:37] {magoo} chaer baby:)
[11:38] {peterg} wanna do it again?
[11:38] {esemde} CCCCCHHHH BABY!!!!!!!
[11:38] {Threei} chaeron :)
[11:38] {Chaeron} heya ese, Threei
06[11:43] * laserdave1 slaps laserdave1 around a bit with a large trout
[11:43] {laserdave1} before anyone gets a chance
06[11:43] * laserdave1 slaps Threei around a bit with a large trout
06[11:43] * laserdave1 slaps Chaeron around a bit with a large trout
06[11:43] * laserdave1 slaps magoo around a bit with a large trout
[11:44] {Chaeron} niiiiiiiiiiice
[11:44] {Chaeron} :)
[11:44] {laserdave1} ya sneak attack
[11:44] {laserdave1} u guys are usually so fast
06[11:45] * magoo slaps laserdave1 around a bit with a large trout
06[11:45] * magoo slaps laserdave1 around a bit with a large trout
06[11:45] * magoo slaps laserdave1 around a bit with a large trout
[11:45] {laserdave1} nice
[11:46] {peterg} love that fresh fish smell
[11:46] {Chaeron} Threei's asleep :)
[11:46] {Chaeron} can't blame him :)
[11:46] {Threei} hmm...?
[11:46] {Threei} where am I?
[11:46] {Threei} who is here?
[12:09] {kazaam} TAP?
[12:09] {Threei} no read
[12:10] {kazaam} ty
[12:11] {Threei} break of 54 or short of it, has equal chance of working
[12:13] {kazaam} do you see that spike of volume on TAP?
[12:13] {kazaam} what does that generally mean when its at a level like that?
[12:14] {Threei} not much
[12:14] {Threei} single bar weather not maketh
[12:14] {kazaam} gotcha
[12:14] {Threei} could be some block taken out
[12:18] {magoo} rimm sh
[12:18] {magoo} risky..small
[12:19] {magoo} .30
[12:20] {magoo} .56 stop
[12:20] {magoo} layout either .08 or 122.87
[12:21] {magoo} sigh
[12:22] {magoo} stopped
[12:53] {dptl} mhgc?
[13:01] {Threei} tough one
[13:01] {Threei} mostly because of general market sleepiness
[13:02] {dptl} ye looks like need market help
[13:03] {Threei} US TREASURY SEC. PAULSON: STIMULUS PACKAGE WILL CONTINUE TO SUPPORT GDP IN 2H08; HOUSING STARTS MAY REMAIN WEAK THROUGH 2008, RECOVERY WILL TAKE MONTHS, NOT YEARS
[13:03] {Threei} - notes there are no new plans to help FNM and FRE
[13:03] {Threei} - Expects foreclosures and elevated inventory to stay elevated through 2009{FNM FRE}
[13:09] {Threei} SEC'S COX: SHORT SELLING RULE HAS REDUCED ABUSIVE PRACTICES, WILL EXPAND THE RULES OVER THE COURSE OF SEVERAL MONTHS
[13:09] {Threei} - Notes the SEC is cooperating with the Fed on financial regulations.
[13:11] {Threei} 12.20 break FNM... if market helps
[13:21] {dptl} got to go...have a good rest of the day all...see ya tomorrow
[13:21] {Threei} take care dp
[13:22] {hawkfan4} cya dp
[13:23] {kazaam} vad, your IF I WERE SMARTER exercise is perfect
[13:24] {Threei} :)
[13:24] {kazaam} fast and simple
[13:26] {Threei} that's me
[13:26] {Threei} simple
06[13:35] * Threei slaps laserdave1 around a bit with a large trout
[13:35] {Threei} and sometimes violent
[13:35] {Threei} particularly when I bored
06[13:41] * magoo slaps laserdave1 around a bit with a large trout
06[13:41] * magoo slaps Threei around a bit with a large trout
06[13:42] * magoo slaps Roman around a bit with a large trout
06[13:42] * magoo slaps Chaeron around a bit with a large trout
[13:42] {Threei} hmmm... magoo got tired?
[13:42] {Threei} I expected slapping rampage to continue through the whole list
[13:43] {Threei} instead he fell asleep with trout in hand after 4 slaps
[13:44] {magoo} strategic slapping
[13:45] {Threei} interersting strategy...
[13:45] {magoo} u should tru it lol
[13:58] {magoo} vad its timner for my daily question
[13:58] {Threei} down
[13:59] {magoo} lol
[13:59] {Threei} :)
[13:59] {magoo} thats it
06[14:00] * Threei reads in magoo's mind: "short at will!!"
[14:03] {magoo} lazer dcc
[14:04] {magoo} sh rimm small .64
[14:09] {magoo} dqam..stopped..thats twice
[14:44] {Threei} WM UPDATE: MOVES HIGHER AFTER TOSCAFUND DISCLOSES 6% PASSIVE STAKE - FILING
[14:48] {Threei} DEFENSE SECRETARY GATES: THERE IS A 'REAL POSSIBILITY' OF WITHDRAWING SOME MORE TROOPS FROM IRAQ
[14:48] {Threei} - Joint Chiefs Mullen: conditions have 'dramatically improved' in Iraq
[15:14] {kazaam} today made turtle racing look like formula 1
[15:14] {lars} lol
[15:16] {Threei} imagine how we handled whole summers of such
[15:17] {Threei} this slowness came about just last week, and only after couple active hours in the morning
[15:17] {kazaam} its seems the best way to play the summer would be to trade the morning and then take the rest of the day off....or is that just offensively lazy
[15:17] {Threei} no such thing as offensively lazy
[15:17] {Threei} lazy is good
[15:17] {Threei} in my eyes at least
[15:18] {Threei} don't know... I still prefer to be here and watch things
[15:18] {Threei} you never know when a company with $1 stock announces total cancer cure
[15:19] {Threei} FORMER FED CHMN GREENSPAN: ECONOMY IS HOLDING UP WELL, STRENGTH IS A 'SURPRISE' - CNBC
[15:20] {Threei} he forgot to add "despite my best efforts"
[15:28] {esemde} I'm with Vad....whenever I can.....just hang in there....ya just never know when the next cure all will come around
[15:31] {Threei} put one name in your memory for the more favorable market and for when it starts making its move
[15:31] {Threei} VVUS
[15:31] {Threei} HAVE A LOOK AT DAILY
[15:31] {Threei} nice ascending triangle shaping
[15:31] {Threei} holding xloselty below 52 week high
[15:32] {magoo} vad..nice sell feel
[15:32] {Threei} Greenspan continues
[15:32] {Threei} - Notes that we are 'nowhere near the bottom' in terms of household prices.
[15:32] {Threei} - still sees 50/50 chance for recession, though feels more inclined to believe the US is headed for a recession.
[15:32] {Threei} - believes that ultimately Fannie Mae and Freddie Mac will be nationalized, the GSE's are a 'major accident waiting to happen.'{FRE FNM}
[15:33] {Threei} send him a duct tape someone
[15:33] {Threei} this comment of his on FRE/FNM just tanked both
[15:34] {lars} wondered why big drop
[15:34] {Threei} 'cause of big mouth
[15:36] {lars} ya... better he just keeps quiet
[15:36] {Threei} sad thing is, we hear these things now from the man who engineered current crisis
[15:37] {lars} plus faith is sketchy with Ben
[15:38] {Threei} let's drop rates to historical lows and keep them there, let's not regulate lending practices and let's not regulate the process of motrgage securitization and consequent derivatives trading - signed: Greenspantrading
[15:38] {Threei} result - housing bubble born and left unchecked
[15:38] {lars} sad but true
[15:44] {Threei} mags... ever reshorted RIMM?
[15:46] {magoo} several
[15:46] {magoo} right now too
[15:47] {magoo} sh from .03
[15:47] {Threei} :)
[15:51] {magoo} cov here .58
[15:51] {magoo} TY
[15:51] {Threei} good one
[15:52] {Threei} US SENATOR GRASSLEY: OIL SPECULATION INCREASE IN TAXES COULD AFFECT HEDGE FUNDS
[15:52] {Threei} {USO}
[15:53] {Threei} okay guys, thank you all,
[15:53] {Threei} not very active but fairly nice day
[15:53] {Threei} have a good evening
[15:53] {Threei} see you all tomorrow
[15:53] {lars} thx Vad... good day
[15:53] {peterg} bye for now
[15:55] {magoo} ty vad..c u mortrow
[15:56] {magoo} thanx all
[15:57] {lars} tomorrow magoo :)
[15:58] {magoo} good job lars..u da man!!
[15:58] {fernp} bye
[15:59] {magoo} femp:)
[15:59] {magoo} peterg:)
Wednesday, July 30, 2008
Jul 30 2008
Session Time: Wed Jul 30 00:00:00 2008
[08:30] {Threei} [CPST] Capstone Turbine Corp Receives order from HelioFocus for solar-powered microturbine
[08:30] {Threei} - Company will modify its C65 MicroTurbine to operate on solar energy.
[08:32] {hawkfan4} good morning
[08:32] {Threei} Good morning
[08:36] {Threei} HOKU
[08:36] {Threei} SIGN $298M POLYSILICON SUPPLY CONTRACT WITH JIANGXI KINKO
[08:36] {Threei} - Company will deliver solar-grade polysilicon to Kinko Energy over a ten-year period beginning in late-2009.
[08:36] {Threei} - Up to approximately $298M 2may be payable to Hoku during the ten-year period, subject to product deliveries and other conditions. The take-or-pay contract provides for the delivery of predetermined volumes of polysilicon each year, with the first shipment in the second half of 2009 and the remainder over a ten-year period at set prices that will decline throughout the term of the agreement.
[08:36] {Threei} - Under the agreement, Hoku will grant to Kinko Energy a security interest in its polysilicon assets to secure Hoku's obligation to repay $55 million to Kinko Energy as a credit against product shipments over time.
[08:38] {Threei} 07/30/08 08:30am
[08:38] {Threei} [SPIR] Spire Corp Spire Enters Multi-Year Contract with Trina Solar
[08:38] {Threei} - Companies today announced that it has entered into a multi-year, multi-system contract to provide key module line equipment to Trina Solar Limited of the People's Republic of China.
[08:38] {Threei} - Spire will provide Trina Solar with multiple Spi-Sun Simulator 4600 Single Long Pulse (4600 SLP) systems.
[08:38] {Threei} did all solars wait till today to publish news just before FSLR earnings, for double whammy effect?
[08:39] {hawkfan4} sure seems like it. have my eye on JASO. i held UAUA overnight. sold 1/2 +.50
[08:40] {Threei} nice
[08:40] {Threei} gutsy too
[08:41] {hawkfan4} yeah, a little nuts, but lucky
[08:42] {peterg} gm-back to the future with solare, eh?
[08:42] {peterg} solar
[08:42] {Threei} yeah, sspunds like another round with them
[08:42] {Threei} hi peter
[08:47] {magoo} morning
[08:49] {magoo} dsam ELN..after bell i had it short 35.85 and cobvered 34 even..look here....21
[08:51] {cosmo} here comes the sun...?
[08:52] {Threei} magoo, cosmo :)
[09:03] {fernp} Good morning
[09:07] {tomg} gm all
[09:07] {Threei} fern, tom :)
[09:07] {magoo} vad, any news rumors FSLR to beat street?
[09:08] {cosmo} RFMD tests @ 3.33
[09:08] {Threei} 07/29/08 02:37pm [FSLR] Update: solar stocks trading at new highs for the session again after Tomas Weisel makes positve comments about outlook for the rest of the year
[09:13] {magoo} ty
[09:15] {magoo} grmn pummeled vad
[09:15] {Threei} 07:01am [GRMN] Reports Q2 $0.93 v $1.00e; R $911.7 v $956.4Memore.. - Guides FY08 EPS $3.90 v $4.00e; R $3.9B v $4.2Be - Q2 Gross margin 45.8% v 48.2% in Q108 and 50.5% in Q207 (related: TOM2.NV )
[09:18] {cosmo} RFMD tests @ 3.33
[09:19] {cosmo} ... at some point
[09:19] {cosmo} needs to hold 3.20
[09:20] {cosmo} imo
[09:20] {magoo} man, cnbc commentors down right giddy over market today..as in "alls well"
[09:20] {Threei} all isn't?
[09:20] {magoo} just buy and hold..lets DO IT
[09:20] {Threei} and never try to time the market
[09:20] {Threei} leave it to pros
[09:21] {Threei} diversify
[09:21] {Threei} in a long run it always goes up
[09:21] {Threei} any more cliche I missed?
[09:21] {cosmo} even real estate?
[09:22] {Threei} but of course... 10 years from now it'll all be fine
[09:27] {Threei} FNM has a habit of sharp selloff on the open
[09:27] {Threei} worth watching for the bounce
[09:28] {Threei} usually selloff is quite deep, so don't jump on a first pause
[09:29] {Threei} SOLF is not very far from yesterday's close
[09:30] {Threei} high was 14.49
[09:30] {Threei} so if sector moves it's a good candidate
[09:32] {Threei} FNM, nice pullbeck, eh?
[09:32] {Threei} FSLR pullback weights on solars
[09:32] {esemde} morning
[09:32] {Threei} CSIQ, LDK, SOLF
[09:32] {Threei} ese :)
[09:34] {Threei} SOLF .55 long if stays above .40
[09:35] {Threei} but watch FSLR for confirmation
[09:35] {Threei} need its help
[09:36] {magoo} need restart comp
[09:37] {Threei} FNM
[09:37] {Threei} MAY SERIOUS DELINQUENCY MORTGAGE RATE INCREASED TO 1.3%
[09:37] {Threei} see how FSLR continuing seling kept SOLF from break?
[09:40] {esemde} STAR either long at .50 or 14.01
[09:41] {Threei} LDK hald lot long .80 break, stop under .55
[09:41] {Threei} half
[09:43] {Threei} half out
[09:44] {Threei} stop to .75 and let it trade
[09:44] {esemde} missed .50
[09:52] {Threei} FNM .61 long
[09:52] {Threei} .49 stop
[09:52] {esemde} long VPhm .82
[09:52] {esemde} 1/2 lot
[09:53] {Threei} look for deeper pullback now FNM
[09:53] {Threei} if comes closer to 12 or a bit under will be better bounce candidate
[09:57] {Threei} out balance LDK
[09:57] {magoo} beauty vad
[09:57] {Threei} hmmm... thank you... I guess
[10:00] {magoo} why guess?
[10:01] {Threei} I am highly suspsicious about males complimenting my appearance {G}
[10:01] {magoo} :)
[10:06] {esemde} bstop ALXN 90.50 1/3 lot
[10:09] {Threei} AMMD .41 long half lot
[10:09] {Threei} if stays above .20
[10:11] {Threei} JASO
[10:11] {Threei} .26 long
[10:11] {esemde} removed bstop ALXN
[10:11] {Threei} .14 stop
[10:12] {peterg} Jaso at .24
[10:12] {magoo} me too
[10:14] {Threei} offering half .41
[10:14] {magoo} .48 here
[10:16] {Threei} half out
[10:16] {Threei} stop to .19
[10:17] {peterg} out at .45, + .21
[10:17] {esemde} well done all...wish i could say the same about my trading these days....no more holidays for me!
[10:17] {peterg} thks for JASO
[10:18] {Threei} welcome peter
[10:18] {Threei} dino said a few times too ese
[10:18] {Threei} that he has a bit of a rought itme right after vacations
[10:18] {esemde} I can see why.....
[10:19] {esemde} patterns seem to be right must be something in volume i'm missing
[10:19] {Threei} summer...
[10:19] {esemde} true eh!!!
[10:19] {Threei} less crowds - less pattern following
[10:19] {esemde} that was a canadian yea
[10:23] {esemde} out VPHM .82
[10:23] {magoo} so far..overall solarsa disappointmt today
[10:24] {magoo} see...mkt always fools u
[10:24] {esemde} +.00 not moving the way i thought ....NEXT}}}!!!!!!
[10:25] {Threei} how did it fools us?
[10:25] {Threei} fool
[10:25] {Threei} we made an assumption
[10:25] {Threei} checked it out
[10:25] {Threei} it worked somewhat lukewarmly
[10:25] {Threei} no real run but activity was there, enough for two winning trades
[10:26] {magoo} ok
[10:27] {esemde} SINA
[10:27] {Threei} I understand that being focused on my beauty you pay less attention to my brain... but come on, I call two winners and you say I am fooled? :)
[10:28] {magoo} no..not u fooled..i meant we even said last night maybe solars today...mkt sets us up and kind of "kind of " disappoints
[10:28] {esemde} breauty is only skin deep VAD....mags loves you for whats inside....
[10:28] {Threei} lol
[10:28] {Threei} what I got myself into...
[10:30] {peterg} _-=?/\/\/\/\/\/\/\[{[{}]]]]-----!
[10:30] {peterg} only magoo can read this
[10:30] {Threei} I share the sentiment peter
[10:31] {magoo} i see peter using magoocode
[10:31] {peterg} privilege!
[10:31] {peterg} to do so
[10:31] {peterg} sir
[10:34] {magoo} oil inventory #
[10:37] {Threei} DOE CRUDE: -81K V -1.2ME; GASOLINE: -3.5M V +250KE; DISTILLATES: +2.4M V +2ME; UTILIZATION: 87.2% V 87.1%E
[10:37] {Threei} *API Inventory:
[10:37] {Threei} - Crude Inventories: -2.1M
[10:37] {Threei} - Gasoline: -3.8M
[10:37] {Threei} - Distillate: -587K
[10:38] {Threei} watching UAUA for bounce
[10:39] {magoo} in .99
[10:40] {Threei} USO still strong
[10:41] {magoo} yeah
[10:41] {magoo} stopped .78
[10:48] {esemde} long LRCX .61
[10:48] {esemde} 1/2 lot
[10:48] {Threei} quite hectic moves
[10:48] {esemde} what mine....or USO
[10:49] {esemde} stop .40
[10:49] {Threei} USO, market, UAUA
[10:50] {esemde} ahhhhhh
[10:51] {esemde} am tring a pullback instead of a breakout
[10:51] {lars} JASO Target Vad?
[10:51] {magoo} out jaso .56 TY vad
[10:52] {Threei} trying .61 exit
[10:52] {Threei} but agoo probably has right idea
[10:52] {lars} ty
[10:55] {Threei} in UAUA .66
[10:55] {lars} out JASO .58 thanks vad and magoo :)
[10:55] {Threei} .59 stop
[10:55] {Threei} welcome :)
[11:00] {Threei} out
[11:00] {Threei} scalp near .80 was the way to go
[11:02] {Threei} .55 second try
[11:02] {Threei} stop under .50
[11:03] {Threei} half out .65
[11:06] {magoo} in whicha
[11:07] {hawkfan4} me too
[11:07] {Threei} debated taking .77 -.78
[11:07] {Threei} hard to tell
[11:08] {magoo} im thinking 9.06 ..but who knows?
[11:08] {Threei} anyway, stop to breakeven for me for the balance
[11:08] {magoo} where the hex isroman?
[11:09] {Threei} USO helps
[11:09] {Threei} if loses 99 UAUA should be fine
[11:10] {Threei} come on oil, die
[11:11] {Threei} stubborn slimy substance
[11:13] {Threei} stinky too
[11:13] {magoo} its a "cheaty fellow"
[11:15] {Threei} lose that 99 already
[11:18] {Threei} out balance
[11:19] {magoo} im o for 2 on that dog
[11:22] {kazaam} long uso
[11:22] {kazaam} .18
[11:22] {kazaam} sl .98
[11:25] {Threei} in .32
[11:25] {Threei} .25 stop
[11:26] {kazaam} stopped, -.20
[11:26] {hawkfan4} same vad
[11:27] {Threei} half out .42
[11:28] {esemde} out LRCX .88 +.27
[11:28] {Threei} :)
[11:28] {esemde} finally.....
[11:28] {esemde} hmmmmm are pullbacks the way to go?
[11:29] {Threei} feels so, we talked aabout it yesterday
[11:31] {Threei} offering .61
[11:31] {Threei} out
[11:31] {Threei} whew
[11:31] {magoo} uso is cooperating
[11:31] {Threei} finally got this thing right
[11:32] {hawkfan4} beaut...uh, i mean, good one vad :)
[11:32] {Threei} lol
[11:32] {magoo} lol
[11:32] {lars} lol
06[11:32] * magoo slaps lars around a bit with a large trout
[11:32] {magoo} just warming up lars for laser
[11:32] {lars} thx...needed that
[11:32] {lars} :)
[11:35] {Threei} back in .51
[11:36] {Threei} .44 stop
[11:36] {magoo} alright...alrigytttttttttttttt...........in
[11:36] {Threei} lol
[11:36] {Threei} kiss of death
[11:36] {Threei} there you go
[11:37] {magoo} kiss? interesting choice of words
[11:37] {Threei} oops
[11:37] {hawkfan4} lol
[11:37] {Threei} didn't even take stop laughing
[11:37] {Threei} now I did
[11:48] {Threei} watching LDK pullback
[11:50] {Threei} probably worth a try if holding above .50 and if FSLR turns back up
[11:51] {Threei} keep shares small, volatile one
[12:18] {hawkfan4} .
[12:26] {Threei} yawn
[12:27] {Chaeron} good morning all
[12:27] {Threei} chaeron :)
[12:29] {magoo} chaerbroil
[12:30] {peterg} lunchtime
[12:30] {Chaeron} Vad, Mags :) slow day now?
[12:30] {peterg} sure seems like it now, after brief morning rush
[12:33] {Chaeron} thanks peter... working on major project anyway
[12:36] {Threei} oil upward move kind of killed all the enthusiasm
[12:38] {magoo} yeah chaer, mkts stuck
[12:58] {magoo} mkts roll or rebound vad??
[12:58] {Threei} feels like one more round of selling
[13:02] {Threei} FSLR
[13:02] {Threei} HEARING RBC MAKING CAUTIOUS COMMENTS
[13:04] {Chaeron} magoo... left you ad DCC if you're bored
[13:05] {Threei} oil really annoying today
[13:07] {magoo} this pullbk does not bode well
[13:07] {Threei} [12:58] {Threei} feels like one more round of selling
[13:07] {Threei} [13:02] {Threei} FSLR
[13:08] {Threei} in UAUA
[13:08] {Threei} trying for scalp
[13:09] {Threei} out .10
[13:12] {Threei} USO feels topped
[13:12] {Threei} back in UAUA
[13:13] {magoo} where?
[13:13] {Threei} 8
[13:14] {lars} in 8 also
[13:14] {Threei} nice drop USO
[13:15] {Threei} half out UAUA
[13:15] {Threei} this time trying for more than scalp
[13:16] {Threei} ISRAELI PM OLMERT WILL REPORTEDLY RESIGN WHEN NEW KADIMA PARTY LEADER HAS BEEN CHOSEN
[13:16] {Threei} - Note the speculated successor is the Transportation Minister Shaul Mofax, who has in the past been attributed to hawkish comments with regards to the Iranian issue{USD/ILS USO}
[13:17] {Threei} there we go
[13:17] {Chaeron} wow
[13:17] {Chaeron} You saw that coming weeks ago
[13:17] {Threei} same guy who made comments a while ago about unavoidable attack on Iran
[13:17] {Threei} that's why oil is happy today I guess
[13:18] {Threei} that Israel is going to be a diving force in oil market with their comments and (hhope not) actions?
[13:21] {magoo} looked at your dcc chaer, thanx..cool manyanas
[13:29] {Threei} out second half
[13:30] {Threei} maybe prematurely but don't want to get caught
[13:30] {magoo} i keeop losing on that pig
[13:30] {magoo} move to anothe paaalllllllleeeeeease
[13:31] {magoo} 4 f'n stops
[13:51] {jmb} a late Thanks for UAUA Vad
[13:55] {Threei} welcome jmb
06[13:59] * magoo slaps laserdave1 around a bit with a large trout
06[14:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[14:03] * Threei shows restraint... trying to control his violent instincts
[14:09] {laserdave1} I am so proud of you Vad
[14:09] {Threei} you are?
[14:09] {laserdave1} ya restraint is awesome
[14:10] {laserdave1} i know how bad you want to swing that trout
[14:10] {Threei} great, mission is accomplished, now I deserve some reward
06[14:10] * Threei slaps laserdave1 around a bit with a large trout
06[14:10] * Chaeron slaps Threei around a bit with a large trout
06[14:10] * magoo slaps Chaeron around a bit with a large trout
[14:10] {Threei} lol
[14:10] {Chaeron} just a Three Stoges type slap fest
[14:10] {Chaeron} Stoogess that is
[14:10] {lars} lol
[14:10] {Chaeron} shhhheeeeeeesh
[14:10] {Chaeron} Take 3 - "Stooges"
[14:11] {Chaeron} Vad resembles "Curly"
[14:16] {magoo} vad...run or roll into bell here?
[14:16] {Threei} run... but lukewarm
[14:17] {Threei} kind of crawl
[14:17] {magoo} u are so non committal of late..i like the violent uncontrolled vad
[14:18] {Threei} he is back in Spetmeber
[14:18] {hawkfan4} FSLR trying, watching for followers
[14:19] {Threei} CREDIT SUISSE MAKING POSITIVE COMMENTS ON AIRLINE SECTOR
[14:33] {lars} gotta go... good luck all
[14:33] {hawkfan4} bye
[14:35] {Threei} seemags? not really run, but brisk walk
[14:35] {magoo} nice trades lars
[14:36] {magoo} thats why i continually ask u...u say 'who knows?" but your gut feel is quite often very good :)
[14:37] {magoo} on mkt direction in general
[14:38] {magoo} so, even tho i did not like AUAU today...i stuill luv ya boss
[14:38] {Threei} UAUA wasn't that bad
[14:39] {magoo} man..thats some poor typing there lol
[14:39] {Threei} gave one very nice trade, and the rest would be fine if we settle for scalps
[14:39] {magoo} AUAU today
[14:39] {Threei} FNM coming into bounce zone
[14:40] {magoo} dam,,i was trading its inverse
[14:41] {Threei} lol
[14:41] {magoo} no wonder i lost on it
[14:45] {Threei} MER
[14:45] {Threei} DECLARES DIVIDENDS ON COMMON AND PREFERRED STOCKS
[14:45] {Threei} - Regular quarterly dividend of $0.35/shr
[14:45] {Threei} - payable September 3, 2008, to shareholders of record on August 14, 2008.
[14:46] {Threei} anyone took FNM?
[14:46] {magoo} i did .08 boss
[14:46] {Threei} out yet?
[14:46] {magoo} no
[14:46] {Threei} par
[14:46] {Threei} protect half
[14:46] {magoo} i can do that i guess
[14:46] {Threei} things change too fast and too frwequent
[14:47] {Threei} you can
[14:47] {Threei} I believe in you
[14:47] {Threei} it takes a lot of effort but it's doable
[14:47] {Threei} enter half of your position in Vlume window
[14:47] {magoo} tell me about it :)
[14:47] {Threei} gently push Sell button
[14:47] {magoo} oh shit.hit buy button
[14:48] {Threei} lol
[14:48] {Threei} on MNF I guess?
[14:48] {magoo} yeah..now i short
[14:54] {peterg} How delete unwanted windows, charts, from Laser?
[14:55] {magoo} click window so hioghlited
[14:55] {Threei} click on windown, Alt-F4
[14:55] {peterg} thkyou gntlmn
[14:55] {magoo} ctrl f4
[14:55] {Threei} or Ctrl
[14:55] {Threei} lol
[14:55] {Threei} I always forget and try both
[14:56] {peterg} works like a charm!
[14:58] {magoo} out bal fnm
[14:58] {magoo} ty vad
[14:58] {Threei} welcome
[14:59] {Threei} US HOUSE HAS REPORTEDLY VOTED DOWN THE ENERGY/CROP ANTI-SPECULATION BILL DUE TO OFFSHORE DRILLING DISPUTE
[14:59] {Threei} triple whammy for oil today
[14:59] {Threei} Israel - bill rejection - natural bounce after weeks of selling
[15:00] {Threei} oh, and inventories
[15:00] {Threei} no wonder it jumped 5 bucks
[15:01] {Threei} FNM
[15:01] {Threei} MOODY'S TAKES ACTION ON 30 2005-2007 PRIME DEALS
[15:01] {Threei} hmm?
[15:01] {Threei} what does it mean?
[15:04] {Threei} if MER breaks 27 and pops FNM is likely to follow
[15:08] {magoo} rimm sh loss 118
[15:11] {magoo} cover .75
[15:12] {Threei} CHRYSLER IS REPORTEDLY LOOKING IN TO COLLABORATIONS WITH TATA, FIAT
[15:24] {magoo} .
[15:28] {Threei} LEH seems to take leadership among financials today
[15:39] {Threei} any idea whnat made market happy?
[15:40] {magoo} no
[15:40] {hawkfan4} no clue
[15:51] {Threei} sdolars should be fun after market
[15:52] {magoo} u thinking sympathy plays off fslr?
[15:52] {Threei} usual suspects... whichever of them has decent spread and liwuidity
[15:53] {Threei} risk is much higher
[16:00] {magoo} let me know
[16:01] {Threei} thank you all
[16:01] {Threei} have a good evening, see you tomorrow
[16:01] {Threei} I'll try topost FSLR when it comes out
[16:03] {Threei} DIS
[16:03] {Threei} REPORTS Q3 $0.66 V $0.61E, $9.24B V $9.14BE
[16:05] {Threei} spike FSLR
[16:05] {magoo} wow
[16:05] {Chaeron} spike!
[16:05] {Threei} REPORTS Q2 $0.85 V $0.58E,
[16:06] {Threei} R $267M V $217ME
[16:06] {Threei} spectacular earnings
[16:06] {magoo} wheres the bounceplay??
[16:07] {Threei} no idea, it's too volatile
[16:07] {Threei} I managed to grab some SOLF at 13.50
[16:08] {magoo} nice
[16:08] {Threei} guy at the offer didn't cancel in time, lol
[16:09] {Chaeron} :))
[16:10] {Threei} out 14 and 14.01
[16:10] {hawkfan4} nice
[16:10] {magoo} wtg
[16:10] {magoo} i got nothin
[16:10] {Threei} ty
[16:10] {hawkfan4} me either
[16:11] {Threei} SBUX
[16:11] {Threei} REPORTS Q3 $0.18 (EX ITEMS) V $0.18E, R $2.6B V $2.61BE
[16:11] {Threei} - Q3 SSS down mid single digit in US
[16:11] {Threei} - Guides FY08 EPS mid $0.70 range v $0.79e
[16:11] {Threei} - Guides FY08 revenue growth 11%
[16:11] {Threei} - Cuts FY09 US store opening target and the company sees negative 60 new US stores in FY09 and expects to oepn 900 new international stores in the yr.
[16:12] {Threei} confusing
[16:12] {Chaeron} why?
[16:12] {Threei} OK, I am outta here... see you tomorrow guys
[16:12] {Chaeron} bye... thanks Vad
[16:12] {magoo} ty vad
[16:12] {fernp} bye
[16:12] {hawkfan4} thx, bye all
[08:30] {Threei} [CPST] Capstone Turbine Corp Receives order from HelioFocus for solar-powered microturbine
[08:30] {Threei} - Company will modify its C65 MicroTurbine to operate on solar energy.
[08:32] {hawkfan4} good morning
[08:32] {Threei} Good morning
[08:36] {Threei} HOKU
[08:36] {Threei} SIGN $298M POLYSILICON SUPPLY CONTRACT WITH JIANGXI KINKO
[08:36] {Threei} - Company will deliver solar-grade polysilicon to Kinko Energy over a ten-year period beginning in late-2009.
[08:36] {Threei} - Up to approximately $298M 2may be payable to Hoku during the ten-year period, subject to product deliveries and other conditions. The take-or-pay contract provides for the delivery of predetermined volumes of polysilicon each year, with the first shipment in the second half of 2009 and the remainder over a ten-year period at set prices that will decline throughout the term of the agreement.
[08:36] {Threei} - Under the agreement, Hoku will grant to Kinko Energy a security interest in its polysilicon assets to secure Hoku's obligation to repay $55 million to Kinko Energy as a credit against product shipments over time.
[08:38] {Threei} 07/30/08 08:30am
[08:38] {Threei} [SPIR] Spire Corp Spire Enters Multi-Year Contract with Trina Solar
[08:38] {Threei} - Companies today announced that it has entered into a multi-year, multi-system contract to provide key module line equipment to Trina Solar Limited of the People's Republic of China.
[08:38] {Threei} - Spire will provide Trina Solar with multiple Spi-Sun Simulator 4600 Single Long Pulse (4600 SLP) systems.
[08:38] {Threei} did all solars wait till today to publish news just before FSLR earnings, for double whammy effect?
[08:39] {hawkfan4} sure seems like it. have my eye on JASO. i held UAUA overnight. sold 1/2 +.50
[08:40] {Threei} nice
[08:40] {Threei} gutsy too
[08:41] {hawkfan4} yeah, a little nuts, but lucky
[08:42] {peterg} gm-back to the future with solare, eh?
[08:42] {peterg} solar
[08:42] {Threei} yeah, sspunds like another round with them
[08:42] {Threei} hi peter
[08:47] {magoo} morning
[08:49] {magoo} dsam ELN..after bell i had it short 35.85 and cobvered 34 even..look here....21
[08:51] {cosmo} here comes the sun...?
[08:52] {Threei} magoo, cosmo :)
[09:03] {fernp} Good morning
[09:07] {tomg} gm all
[09:07] {Threei} fern, tom :)
[09:07] {magoo} vad, any news rumors FSLR to beat street?
[09:08] {cosmo} RFMD tests @ 3.33
[09:08] {Threei} 07/29/08 02:37pm [FSLR] Update: solar stocks trading at new highs for the session again after Tomas Weisel makes positve comments about outlook for the rest of the year
[09:13] {magoo} ty
[09:15] {magoo} grmn pummeled vad
[09:15] {Threei} 07:01am [GRMN] Reports Q2 $0.93 v $1.00e; R $911.7 v $956.4Memore.. - Guides FY08 EPS $3.90 v $4.00e; R $3.9B v $4.2Be - Q2 Gross margin 45.8% v 48.2% in Q108 and 50.5% in Q207 (related: TOM2.NV )
[09:18] {cosmo} RFMD tests @ 3.33
[09:19] {cosmo} ... at some point
[09:19] {cosmo} needs to hold 3.20
[09:20] {cosmo} imo
[09:20] {magoo} man, cnbc commentors down right giddy over market today..as in "alls well"
[09:20] {Threei} all isn't?
[09:20] {magoo} just buy and hold..lets DO IT
[09:20] {Threei} and never try to time the market
[09:20] {Threei} leave it to pros
[09:21] {Threei} diversify
[09:21] {Threei} in a long run it always goes up
[09:21] {Threei} any more cliche I missed?
[09:21] {cosmo} even real estate?
[09:22] {Threei} but of course... 10 years from now it'll all be fine
[09:27] {Threei} FNM has a habit of sharp selloff on the open
[09:27] {Threei} worth watching for the bounce
[09:28] {Threei} usually selloff is quite deep, so don't jump on a first pause
[09:29] {Threei} SOLF is not very far from yesterday's close
[09:30] {Threei} high was 14.49
[09:30] {Threei} so if sector moves it's a good candidate
[09:32] {Threei} FNM, nice pullbeck, eh?
[09:32] {Threei} FSLR pullback weights on solars
[09:32] {esemde} morning
[09:32] {Threei} CSIQ, LDK, SOLF
[09:32] {Threei} ese :)
[09:34] {Threei} SOLF .55 long if stays above .40
[09:35] {Threei} but watch FSLR for confirmation
[09:35] {Threei} need its help
[09:36] {magoo} need restart comp
[09:37] {Threei} FNM
[09:37] {Threei} MAY SERIOUS DELINQUENCY MORTGAGE RATE INCREASED TO 1.3%
[09:37] {Threei} see how FSLR continuing seling kept SOLF from break?
[09:40] {esemde} STAR either long at .50 or 14.01
[09:41] {Threei} LDK hald lot long .80 break, stop under .55
[09:41] {Threei} half
[09:43] {Threei} half out
[09:44] {Threei} stop to .75 and let it trade
[09:44] {esemde} missed .50
[09:52] {Threei} FNM .61 long
[09:52] {Threei} .49 stop
[09:52] {esemde} long VPhm .82
[09:52] {esemde} 1/2 lot
[09:53] {Threei} look for deeper pullback now FNM
[09:53] {Threei} if comes closer to 12 or a bit under will be better bounce candidate
[09:57] {Threei} out balance LDK
[09:57] {magoo} beauty vad
[09:57] {Threei} hmmm... thank you... I guess
[10:00] {magoo} why guess?
[10:01] {Threei} I am highly suspsicious about males complimenting my appearance {G}
[10:01] {magoo} :)
[10:06] {esemde} bstop ALXN 90.50 1/3 lot
[10:09] {Threei} AMMD .41 long half lot
[10:09] {Threei} if stays above .20
[10:11] {Threei} JASO
[10:11] {Threei} .26 long
[10:11] {esemde} removed bstop ALXN
[10:11] {Threei} .14 stop
[10:12] {peterg} Jaso at .24
[10:12] {magoo} me too
[10:14] {Threei} offering half .41
[10:14] {magoo} .48 here
[10:16] {Threei} half out
[10:16] {Threei} stop to .19
[10:17] {peterg} out at .45, + .21
[10:17] {esemde} well done all...wish i could say the same about my trading these days....no more holidays for me!
[10:17] {peterg} thks for JASO
[10:18] {Threei} welcome peter
[10:18] {Threei} dino said a few times too ese
[10:18] {Threei} that he has a bit of a rought itme right after vacations
[10:18] {esemde} I can see why.....
[10:19] {esemde} patterns seem to be right must be something in volume i'm missing
[10:19] {Threei} summer...
[10:19] {esemde} true eh!!!
[10:19] {Threei} less crowds - less pattern following
[10:19] {esemde} that was a canadian yea
[10:23] {esemde} out VPHM .82
[10:23] {magoo} so far..overall solarsa disappointmt today
[10:24] {magoo} see...mkt always fools u
[10:24] {esemde} +.00 not moving the way i thought ....NEXT}}}!!!!!!
[10:25] {Threei} how did it fools us?
[10:25] {Threei} fool
[10:25] {Threei} we made an assumption
[10:25] {Threei} checked it out
[10:25] {Threei} it worked somewhat lukewarmly
[10:25] {Threei} no real run but activity was there, enough for two winning trades
[10:26] {magoo} ok
[10:27] {esemde} SINA
[10:27] {Threei} I understand that being focused on my beauty you pay less attention to my brain... but come on, I call two winners and you say I am fooled? :)
[10:28] {magoo} no..not u fooled..i meant we even said last night maybe solars today...mkt sets us up and kind of "kind of " disappoints
[10:28] {esemde} breauty is only skin deep VAD....mags loves you for whats inside....
[10:28] {Threei} lol
[10:28] {Threei} what I got myself into...
[10:30] {peterg} _-=?/\/\/\/\/\/\/\[{[{}]]]]-----!
[10:30] {peterg} only magoo can read this
[10:30] {Threei} I share the sentiment peter
[10:31] {magoo} i see peter using magoocode
[10:31] {peterg} privilege!
[10:31] {peterg} to do so
[10:31] {peterg} sir
[10:34] {magoo} oil inventory #
[10:37] {Threei} DOE CRUDE: -81K V -1.2ME; GASOLINE: -3.5M V +250KE; DISTILLATES: +2.4M V +2ME; UTILIZATION: 87.2% V 87.1%E
[10:37] {Threei} *API Inventory:
[10:37] {Threei} - Crude Inventories: -2.1M
[10:37] {Threei} - Gasoline: -3.8M
[10:37] {Threei} - Distillate: -587K
[10:38] {Threei} watching UAUA for bounce
[10:39] {magoo} in .99
[10:40] {Threei} USO still strong
[10:41] {magoo} yeah
[10:41] {magoo} stopped .78
[10:48] {esemde} long LRCX .61
[10:48] {esemde} 1/2 lot
[10:48] {Threei} quite hectic moves
[10:48] {esemde} what mine....or USO
[10:49] {esemde} stop .40
[10:49] {Threei} USO, market, UAUA
[10:50] {esemde} ahhhhhh
[10:51] {esemde} am tring a pullback instead of a breakout
[10:51] {lars} JASO Target Vad?
[10:51] {magoo} out jaso .56 TY vad
[10:52] {Threei} trying .61 exit
[10:52] {Threei} but agoo probably has right idea
[10:52] {lars} ty
[10:55] {Threei} in UAUA .66
[10:55] {lars} out JASO .58 thanks vad and magoo :)
[10:55] {Threei} .59 stop
[10:55] {Threei} welcome :)
[11:00] {Threei} out
[11:00] {Threei} scalp near .80 was the way to go
[11:02] {Threei} .55 second try
[11:02] {Threei} stop under .50
[11:03] {Threei} half out .65
[11:06] {magoo} in whicha
[11:07] {hawkfan4} me too
[11:07] {Threei} debated taking .77 -.78
[11:07] {Threei} hard to tell
[11:08] {magoo} im thinking 9.06 ..but who knows?
[11:08] {Threei} anyway, stop to breakeven for me for the balance
[11:08] {magoo} where the hex isroman?
[11:09] {Threei} USO helps
[11:09] {Threei} if loses 99 UAUA should be fine
[11:10] {Threei} come on oil, die
[11:11] {Threei} stubborn slimy substance
[11:13] {Threei} stinky too
[11:13] {magoo} its a "cheaty fellow"
[11:15] {Threei} lose that 99 already
[11:18] {Threei} out balance
[11:19] {magoo} im o for 2 on that dog
[11:22] {kazaam} long uso
[11:22] {kazaam} .18
[11:22] {kazaam} sl .98
[11:25] {Threei} in .32
[11:25] {Threei} .25 stop
[11:26] {kazaam} stopped, -.20
[11:26] {hawkfan4} same vad
[11:27] {Threei} half out .42
[11:28] {esemde} out LRCX .88 +.27
[11:28] {Threei} :)
[11:28] {esemde} finally.....
[11:28] {esemde} hmmmmm are pullbacks the way to go?
[11:29] {Threei} feels so, we talked aabout it yesterday
[11:31] {Threei} offering .61
[11:31] {Threei} out
[11:31] {Threei} whew
[11:31] {magoo} uso is cooperating
[11:31] {Threei} finally got this thing right
[11:32] {hawkfan4} beaut...uh, i mean, good one vad :)
[11:32] {Threei} lol
[11:32] {magoo} lol
[11:32] {lars} lol
06[11:32] * magoo slaps lars around a bit with a large trout
[11:32] {magoo} just warming up lars for laser
[11:32] {lars} thx...needed that
[11:32] {lars} :)
[11:35] {Threei} back in .51
[11:36] {Threei} .44 stop
[11:36] {magoo} alright...alrigytttttttttttttt...........in
[11:36] {Threei} lol
[11:36] {Threei} kiss of death
[11:36] {Threei} there you go
[11:37] {magoo} kiss? interesting choice of words
[11:37] {Threei} oops
[11:37] {hawkfan4} lol
[11:37] {Threei} didn't even take stop laughing
[11:37] {Threei} now I did
[11:48] {Threei} watching LDK pullback
[11:50] {Threei} probably worth a try if holding above .50 and if FSLR turns back up
[11:51] {Threei} keep shares small, volatile one
[12:18] {hawkfan4} .
[12:26] {Threei} yawn
[12:27] {Chaeron} good morning all
[12:27] {Threei} chaeron :)
[12:29] {magoo} chaerbroil
[12:30] {peterg} lunchtime
[12:30] {Chaeron} Vad, Mags :) slow day now?
[12:30] {peterg} sure seems like it now, after brief morning rush
[12:33] {Chaeron} thanks peter... working on major project anyway
[12:36] {Threei} oil upward move kind of killed all the enthusiasm
[12:38] {magoo} yeah chaer, mkts stuck
[12:58] {magoo} mkts roll or rebound vad??
[12:58] {Threei} feels like one more round of selling
[13:02] {Threei} FSLR
[13:02] {Threei} HEARING RBC MAKING CAUTIOUS COMMENTS
[13:04] {Chaeron} magoo... left you ad DCC if you're bored
[13:05] {Threei} oil really annoying today
[13:07] {magoo} this pullbk does not bode well
[13:07] {Threei} [12:58] {Threei} feels like one more round of selling
[13:07] {Threei} [13:02] {Threei} FSLR
[13:08] {Threei} in UAUA
[13:08] {Threei} trying for scalp
[13:09] {Threei} out .10
[13:12] {Threei} USO feels topped
[13:12] {Threei} back in UAUA
[13:13] {magoo} where?
[13:13] {Threei} 8
[13:14] {lars} in 8 also
[13:14] {Threei} nice drop USO
[13:15] {Threei} half out UAUA
[13:15] {Threei} this time trying for more than scalp
[13:16] {Threei} ISRAELI PM OLMERT WILL REPORTEDLY RESIGN WHEN NEW KADIMA PARTY LEADER HAS BEEN CHOSEN
[13:16] {Threei} - Note the speculated successor is the Transportation Minister Shaul Mofax, who has in the past been attributed to hawkish comments with regards to the Iranian issue{USD/ILS USO}
[13:17] {Threei} there we go
[13:17] {Chaeron} wow
[13:17] {Chaeron} You saw that coming weeks ago
[13:17] {Threei} same guy who made comments a while ago about unavoidable attack on Iran
[13:17] {Threei} that's why oil is happy today I guess
[13:18] {Threei} that Israel is going to be a diving force in oil market with their comments and (hhope not) actions?
[13:21] {magoo} looked at your dcc chaer, thanx..cool manyanas
[13:29] {Threei} out second half
[13:30] {Threei} maybe prematurely but don't want to get caught
[13:30] {magoo} i keeop losing on that pig
[13:30] {magoo} move to anothe paaalllllllleeeeeease
[13:31] {magoo} 4 f'n stops
[13:51] {jmb} a late Thanks for UAUA Vad
[13:55] {Threei} welcome jmb
06[13:59] * magoo slaps laserdave1 around a bit with a large trout
06[14:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[14:03] * Threei shows restraint... trying to control his violent instincts
[14:09] {laserdave1} I am so proud of you Vad
[14:09] {Threei} you are?
[14:09] {laserdave1} ya restraint is awesome
[14:10] {laserdave1} i know how bad you want to swing that trout
[14:10] {Threei} great, mission is accomplished, now I deserve some reward
06[14:10] * Threei slaps laserdave1 around a bit with a large trout
06[14:10] * Chaeron slaps Threei around a bit with a large trout
06[14:10] * magoo slaps Chaeron around a bit with a large trout
[14:10] {Threei} lol
[14:10] {Chaeron} just a Three Stoges type slap fest
[14:10] {Chaeron} Stoogess that is
[14:10] {lars} lol
[14:10] {Chaeron} shhhheeeeeeesh
[14:10] {Chaeron} Take 3 - "Stooges"
[14:11] {Chaeron} Vad resembles "Curly"
[14:16] {magoo} vad...run or roll into bell here?
[14:16] {Threei} run... but lukewarm
[14:17] {Threei} kind of crawl
[14:17] {magoo} u are so non committal of late..i like the violent uncontrolled vad
[14:18] {Threei} he is back in Spetmeber
[14:18] {hawkfan4} FSLR trying, watching for followers
[14:19] {Threei} CREDIT SUISSE MAKING POSITIVE COMMENTS ON AIRLINE SECTOR
[14:33] {lars} gotta go... good luck all
[14:33] {hawkfan4} bye
[14:35] {Threei} seemags? not really run, but brisk walk
[14:35] {magoo} nice trades lars
[14:36] {magoo} thats why i continually ask u...u say 'who knows?" but your gut feel is quite often very good :)
[14:37] {magoo} on mkt direction in general
[14:38] {magoo} so, even tho i did not like AUAU today...i stuill luv ya boss
[14:38] {Threei} UAUA wasn't that bad
[14:39] {magoo} man..thats some poor typing there lol
[14:39] {Threei} gave one very nice trade, and the rest would be fine if we settle for scalps
[14:39] {magoo} AUAU today
[14:39] {Threei} FNM coming into bounce zone
[14:40] {magoo} dam,,i was trading its inverse
[14:41] {Threei} lol
[14:41] {magoo} no wonder i lost on it
[14:45] {Threei} MER
[14:45] {Threei} DECLARES DIVIDENDS ON COMMON AND PREFERRED STOCKS
[14:45] {Threei} - Regular quarterly dividend of $0.35/shr
[14:45] {Threei} - payable September 3, 2008, to shareholders of record on August 14, 2008.
[14:46] {Threei} anyone took FNM?
[14:46] {magoo} i did .08 boss
[14:46] {Threei} out yet?
[14:46] {magoo} no
[14:46] {Threei} par
[14:46] {Threei} protect half
[14:46] {magoo} i can do that i guess
[14:46] {Threei} things change too fast and too frwequent
[14:47] {Threei} you can
[14:47] {Threei} I believe in you
[14:47] {Threei} it takes a lot of effort but it's doable
[14:47] {Threei} enter half of your position in Vlume window
[14:47] {magoo} tell me about it :)
[14:47] {Threei} gently push Sell button
[14:47] {magoo} oh shit.hit buy button
[14:48] {Threei} lol
[14:48] {Threei} on MNF I guess?
[14:48] {magoo} yeah..now i short
[14:54] {peterg} How delete unwanted windows, charts, from Laser?
[14:55] {magoo} click window so hioghlited
[14:55] {Threei} click on windown, Alt-F4
[14:55] {peterg} thkyou gntlmn
[14:55] {magoo} ctrl f4
[14:55] {Threei} or Ctrl
[14:55] {Threei} lol
[14:55] {Threei} I always forget and try both
[14:56] {peterg} works like a charm!
[14:58] {magoo} out bal fnm
[14:58] {magoo} ty vad
[14:58] {Threei} welcome
[14:59] {Threei} US HOUSE HAS REPORTEDLY VOTED DOWN THE ENERGY/CROP ANTI-SPECULATION BILL DUE TO OFFSHORE DRILLING DISPUTE
[14:59] {Threei} triple whammy for oil today
[14:59] {Threei} Israel - bill rejection - natural bounce after weeks of selling
[15:00] {Threei} oh, and inventories
[15:00] {Threei} no wonder it jumped 5 bucks
[15:01] {Threei} FNM
[15:01] {Threei} MOODY'S TAKES ACTION ON 30 2005-2007 PRIME DEALS
[15:01] {Threei} hmm?
[15:01] {Threei} what does it mean?
[15:04] {Threei} if MER breaks 27 and pops FNM is likely to follow
[15:08] {magoo} rimm sh loss 118
[15:11] {magoo} cover .75
[15:12] {Threei} CHRYSLER IS REPORTEDLY LOOKING IN TO COLLABORATIONS WITH TATA, FIAT
[15:24] {magoo} .
[15:28] {Threei} LEH seems to take leadership among financials today
[15:39] {Threei} any idea whnat made market happy?
[15:40] {magoo} no
[15:40] {hawkfan4} no clue
[15:51] {Threei} sdolars should be fun after market
[15:52] {magoo} u thinking sympathy plays off fslr?
[15:52] {Threei} usual suspects... whichever of them has decent spread and liwuidity
[15:53] {Threei} risk is much higher
[16:00] {magoo} let me know
[16:01] {Threei} thank you all
[16:01] {Threei} have a good evening, see you tomorrow
[16:01] {Threei} I'll try topost FSLR when it comes out
[16:03] {Threei} DIS
[16:03] {Threei} REPORTS Q3 $0.66 V $0.61E, $9.24B V $9.14BE
[16:05] {Threei} spike FSLR
[16:05] {magoo} wow
[16:05] {Chaeron} spike!
[16:05] {Threei} REPORTS Q2 $0.85 V $0.58E,
[16:06] {Threei} R $267M V $217ME
[16:06] {Threei} spectacular earnings
[16:06] {magoo} wheres the bounceplay??
[16:07] {Threei} no idea, it's too volatile
[16:07] {Threei} I managed to grab some SOLF at 13.50
[16:08] {magoo} nice
[16:08] {Threei} guy at the offer didn't cancel in time, lol
[16:09] {Chaeron} :))
[16:10] {Threei} out 14 and 14.01
[16:10] {hawkfan4} nice
[16:10] {magoo} wtg
[16:10] {magoo} i got nothin
[16:10] {Threei} ty
[16:10] {hawkfan4} me either
[16:11] {Threei} SBUX
[16:11] {Threei} REPORTS Q3 $0.18 (EX ITEMS) V $0.18E, R $2.6B V $2.61BE
[16:11] {Threei} - Q3 SSS down mid single digit in US
[16:11] {Threei} - Guides FY08 EPS mid $0.70 range v $0.79e
[16:11] {Threei} - Guides FY08 revenue growth 11%
[16:11] {Threei} - Cuts FY09 US store opening target and the company sees negative 60 new US stores in FY09 and expects to oepn 900 new international stores in the yr.
[16:12] {Threei} confusing
[16:12] {Chaeron} why?
[16:12] {Threei} OK, I am outta here... see you tomorrow guys
[16:12] {Chaeron} bye... thanks Vad
[16:12] {magoo} ty vad
[16:12] {fernp} bye
[16:12] {hawkfan4} thx, bye all
Tuesday, July 29, 2008
Jul 29 2008
Session Time: Tue Jul 29 00:00:03 2008
[08:33] {Threei} good morning
[08:33] {Threei} watching MER for bounce scalp
[08:33] {hawkfan4} morning vad, all
[08:33] {Threei} hawk :)
[08:34] {Threei} .55 if getting hit
[08:34] {Threei} with stop under .40
[08:35] {Threei} smallish shares, just a fingers warm-up
[08:39] {Threei} lost support, gotta wait for more drop most likely
[08:41] {Threei} in .15
[08:43] {Threei} come on, give me one more spike, don't want to take measly 10 cents
[08:44] {Threei} if can't clear .25 will be stopped probably
[08:44] {Threei} good boy
[08:45] {Threei} out half .32
[08:46] {Threei} stop to b/e
[08:47] {Threei} am I getting too greedy here?
[08:47] {Threei} stop to .19
[08:48] {judijim} good early morning all
[08:48] {Threei} jj :)
[08:50] {magoo} morning
[08:50] {Threei} magoo :)
[08:52] {Threei} out second half
[08:52] {magoo} mer after hours last nite hit 22
[08:54] {Threei} non-shortable
[08:54] {magoo} on that sec thingy
[08:55] {Threei} raising more capital through stock dilution
[08:55] {hawkfan4} i have it short, from .17
[08:55] {Threei} :)
[08:57] {magoo} a hold from before rule?
[08:58] {hawkfan4} no, can still short it, rule covers naked shorting i think?
[09:01] {Threei} *MAY SP_CASE-SHILLER-20 Y/Y: -15.8% V -16.0%E; HOME PRICE INDEX:168.54 V 169.9 PRIOR
[09:01] {Threei} Prior Home price index revised to 170
[09:01] {Threei} Prior Case Shiller 20 y/y revised to -15.2% from 15.3% prior{XHB}
[09:05] {magoo} vad, news MT?
[09:05] {Threei} 08:00am [X] Reports Q2 $5.65 v $3.91e, R $6.74B v $5.90Be; Sees Union labor deal signed by September 1st
[09:05] {magoo} ty
[09:06] {Threei} I understand it's related news, not MT itself
[09:07] {magoo} up big
[09:17] {magoo} vad, news CNQR?
[09:17] {Threei} 08:19am [CNQR] American Express buys 6.4M shares for $251M (13% stake), has right to buy 1.28 additional shares at $39.27/share
[09:18] {magoo} ty
[09:18] {hawkfan4} MER dumped
[09:19] {magoo} could reach 22 imo
[09:20] {pita} morning all
[09:20] {Threei} pita :)
[09:20] {hawkfan4} morning
[09:20] {peterg} morning
[09:21] {Threei} peter :)
[09:24] {Threei} MER
[09:24] {Threei} SHARES REPORTEDLY PLACED AT $22.50/SHR V $24.33 PRIOR CLOSE
[09:24] {magoo} [09:20] {magoo} could reach 22 imo
[09:26] {cosmo} ZRAN
[09:26] {cosmo} 8.40 pre mkt high
[09:27] {magoo} vad, whats youur gut feel topday?as in up bounce or more pain?
[09:27] {Threei} can't tell for the whole day... things change too often and are too dependent on oil movement
[09:28] {cosmo} viscosity could be a problem?
[09:29] {Threei} alqays is
[09:29] {Threei} UPDATE: T. BOONE PICKENS HAS REPORTEDLY HIS 10M SHARE HOLDINGS OF YHOO AT A LOSS
[09:29] {Threei} - Note this was reported earlier this morning in the SF Chronicle
[09:29] {Threei} well, he is familiar with stop loss copncept {G}
[09:31] {Threei} 7.50 long UAUA if USO dumps
[09:33] {Threei} in aggressively
[09:33] {Threei} stop under .30
[09:33] {magoo} me too lol .37
[09:34] {peterg} nice-.40
[09:35] {Threei} stop's tight enough to try it for this interesting sharp oil drop
[09:35] {Threei} look at correlation between oil and market
[09:35] {Threei} practically tick in tick
[09:35] {fernp} gm all
[09:35] {Threei} fern :)
[09:36] {Threei} half out .53
[09:36] {Threei} stop to .35
[09:38] {peterg} out for my .08 ty
[09:38] {Threei} good enough for trying out new tool peter
[09:41] {Threei} this pair still looks strongly linked
[09:41] {Threei} USO/UAUA I mean
[09:42] {Threei} missed re-entry under .30
[09:44] {Threei} CFTC: SAYS TO ACT QUICKLY ON FARMERS COMPLAINTS ABOUT CROP SPECULATION
[09:47] {Threei} FNM .41 long
[09:47] {Threei} stop under .30
[09:48] {Threei} MER moving up, should help it
[09:48] {esemde} morning
[09:48] {Threei} ese :)
[09:49] {esemde} morning
[09:49] {magoo} in aggr .38
[09:49] {Threei} no help
[09:51] {Threei} BEAV lost its mind?
[09:52] {magoo} wow
[09:53] {Threei} PREVIEW: JULY CONSUMER CONFIDENCE DUE OUT AT 10AMET
[09:53] {Threei} **consensus expectation: 50.1e v 50.4 prior
[09:53] {Threei} - prior 1-year inflation expectation at 7.7%
[09:53] {Roman} 21 no doube magoo is one of the luckiest basters i have ever seen
[09:53] {magoo} out FNM .64 TY boss
[09:53] {Threei} welcome
[09:54] {Roman} 21 when i grow up, i want to be like magoo
[09:55] {magoo} looks like somebody woke up on wrong side of bed lol
[09:55] {Threei} lol
[09:55] {Roman} 21 anyway................:)
[09:56] {Threei} if my eperience is any indication, you are going to have hard time Roman... as a kid I wanted to be either austronaut or ice-cream saleman... neither paneed out
[09:56] {Roman} 21 :)
[09:57] {Roman} 21 i really do think magoo can see the future
[09:57] {Roman} 21 he is about 5 minutes ahead
[09:57] {magoo} waiting .71 uaua from .37
[09:57] {magoo} out TY boss
[09:58] {Threei} welcome :)
[10:00] {Threei} JULY CONSUMER CONFIDENCE: 51.9 V 50.1E
[10:00] {Threei} prior revised from 50.4 to 51
[10:00] {Threei} - 1-year inflation expectation at 7.6% v 7.7% prior
[10:01] {Threei} 98.70 - .80 area is critical support for USO
[10:01] {Threei} if broken, will dump much lower
[10:02] {Threei} good boy
[10:02] {Threei} UAUA reacts
[10:02] {Threei} look at oil drop
[10:02] {esemde} you were right about that one Vad....USO that is
[10:03] {magoo} nicew read vad
[10:04] {magoo} l rimm here ,31
[10:04] {magoo} risky small
[10:05] {Roman} 21 innnnnnnnnnnnnnnnnnnnnnn
[10:06] {magoo} looking for near 116
[10:06] {magoo} .91wait
[10:06] {Threei} oyl is new spelling
[10:07] {magoo} out
[10:08] {magoo} + .61
[10:08] {Roman} 21 tell me this dude is not supernatural
[10:08] {Threei} I know I have somewhat wierd way of expressing my admiration but...
06[10:08] * Threei slaps magoo around a bit with a large trout
[10:08] {magoo} u out????
[10:08] {Roman} 21 not yet
[10:08] {Roman} 21 here
[10:09] {Roman} 21 .41
[10:09] {magoo} over point NICE
[10:09] {magoo} im a dumb scalper
[10:09] {Roman} 21 thank you, now i can go to the store and buy my son food
[10:09] {Threei} lol
[10:10] {Threei} magoo is now known as Saviour of Infants
[10:10] {magoo} who'd of thunk it vad? he he
[10:11] {esemde} bstop PDCO 32.01
[10:14] {Threei} do we get that lucky to see USO losing 97.50?
[10:15] {Threei} watchinf FNM for pullback entry
[10:15] {Threei} aww... missed
[10:15] {Threei} time to buy was when I typed, lol
[10:16] {Threei} ok USO, one more dump please
[10:17] {magoo} what we playing off it?
[10:17] {Threei} not sure here, lol
[10:19] {magoo} vad, any news BIDU?
[10:19] {Threei} no
[10:19] {magoo} ty
[10:24] {Threei} in .82
[10:24] {judijim} new stradegy this week, wanted to trade more days, in long and short, today in 10 minutes made on shorts $859
[10:24] {Threei} .75 stop
[10:25] {magoo} in what
[10:25] {Threei} FNM
[10:25] {Threei} nice going jj
[10:25] {Threei} stopped
[10:25] {Threei} my timing is off on this thing today
[10:26] {judijim} we're still watching today but protect profit and back in tomorrow
[10:26] {Threei} good discipline
[10:29] {magoo} how u supposed to make 3k if u stop at 800 he he
[10:29] {esemde} bstop invalidated PDCO
[10:36] {Threei} UAUA
[10:36] {Threei} in
[10:37] {Threei} sharp dive USO, UAUA delayed reaction
[10:37] {magoo} where u in?
[10:37] {Threei} .83
[10:37] {magoo} .90
[10:38] {hawkfan4} .79
[10:38] {Threei} hawk put us all to shame
[10:38] {Threei} out +.20
[10:38] {magoo} again
[10:38] {hawkfan4} but i missed the first one
[10:39] {lars} out +.15 ty
[10:40] {magoo} out here .15, + .25
[10:40] {Threei} good job guys
[10:40] {Threei} wtg lars
06[10:40] * magoo slaps lars around a bit with a large trout
[10:41] {Threei} this is conceptual trade, as long as you understand the idea of it you don't need me to call exact levels
[10:41] {Threei} sharp move by the leading indicator (USO in this case), delayed reaction on the follower giving window for entry
[10:42] {Threei} look at the size of red bar on USO at 10:37
[10:43] {Threei} look at according time on UAUA chart
[10:43] {Threei} that's your window of opportunity
[10:43] {Threei} avoid temptation to play UAUA off any USO tick
[10:43] {Threei} it's this bug sudden one that you want
[10:43] {Threei} bug = big
[10:47] {Threei} FNM did same thing but I am avoiding it today
[10:47] {Threei} it likes me not
[10:51] {magoo} but i still like u
[10:52] {esemde} Vad have you got a way of determining Bull traps....Thats what i seem to be getting alot of these days
[10:52] {esemde} breakouts retreating significantly
[10:53] {esemde} ie..PDCO had a buy stop in there but decided not to go for it and it did retreat
[10:54] {Threei} ese, these days are dictated by oil
[10:54] {Threei} stocks rarely move on their own merit
[10:54] {Threei} standard setups are being distorted by this correlation
[10:59] {kazaam} MHP L .54
[11:01] {kazaam} yeah, the jbe plays hardly worked last week, I had to start learning new stuff! imagine that
[11:02] {Threei} plus, overall - in highly volatile markets aggressive entries are usually woriking better
[11:02] {magoo} sigh
[11:02] {kazaam} out +.13
[11:02] {Threei} wtg
[11:03] {magoo} i wish i could take aggrssive enytries
[11:03] {Threei} lol
[11:03] {kazaam} man i have been the king of getting out too early this morning
[11:03] {Threei} look who is talking... probably molst aggressive entrist (if that's a word) in da room
06[11:04] * Threei slaps laserdave1 around a bit with a large trout
[11:04] {magoo} nah...yesterday if u didn;t scalp u get waffled
[11:04] {kazaam} mmmmmm waffled
06[11:04] * magoo slaps laserdave1 around a bit with a large trout
[11:05] {laserdave1} magoober
[11:05] {laserdave1} Vadsterrrrrr
[11:05] {laserdave1} hows it going guys
[11:05] {laserdave1} i missed u too magoo
06[11:05] * laserdave1 slaps magoo around a bit with a large trout
[11:05] {magoo} good..how are u?
[11:05] {magoo} :)
[11:05] {laserdave1} good thanks
[11:06] {magoo} vad, room nice and quiet without me??
[11:06] {Threei} yes, excpet when we talked about you
[11:06] {magoo} he he
[11:06] {magoo} all negative i presume
[11:06] {Threei} and loud
[11:06] {Threei} :)
[11:06] {laserdave1} when i was bored i would just type it out even though you were not here
[11:07] {Threei} OK{ something has changed
[11:07] {laserdave1} laserdave1 hits magoo in the but with a large trout
[11:07] {Threei} both USO and UAUA went up
[11:07] {hawkfan4} UAUA strong
[11:07] {Threei} backing off until we figure it out
[11:18] {kazaam} oil looks ready to pop up
[11:18] {Threei} I am hesitant to call it... look at last similar setup it formed
[11:19] {Threei} from 10:10 to 10:30 approx
[11:19] {Threei} looked ready to break out and pop, and dumped hard instead
[11:20] {Threei} if it holds as a pattern, it will fall to 97 now :)
[11:20] {kazaam} bear flag at 10:!0 to 10:30, kinda looks like head and shoulder now
[11:21] {magoo} to bad we can't short uso
[11:21] {Threei} we can short OIH
[11:22] {magoo} oh right
[11:37] {Threei} and now for the wisdom from above:
[11:37] {Threei} TREASURY'S MCCORMICK: OIL PRICES ARE A HUGE BURDEN ON THE US ECONOMY
[11:37] {Threei} no, really?
[11:38] {kazaam} i think i speak for everybody, without government analysis we would be lost
[11:38] {Threei} like scared children in the darkness
[11:38] {Threei} and the most scary thing is
[11:38] {Threei} magoo would try to get me to hold his hand
[11:39] {magoo} that does it!!!!
[11:39] {Threei} oops
06[11:39] * magoo slaps Threei around a bit with a large trout
06[11:39] * Threei ducks
[11:58] {kazaam} MHP, 40.00 daily support, how do you think that will hold if the market turns downward?
[11:58] {Threei} doubt it
[11:59] {kazaam} tks
[12:13] {Threei} FSLR reports tomorrow
[12:14] {Threei} probable followers LDK, CSIQ
[12:14] {hawkfan4} that's always entertaining
[12:17] {Threei} I am morally, mentally and ethically ready for another big oil drop
[12:19] {Threei} I'd say, USO at 95 would bring tears of joy to my eyes
[12:22] {hawkfan4} mine too, and the sooner the beter
[12:32] {Threei} loss of .80 should launch next leg down USO
[12:33] {Threei} especially if stays under 98
[13:02] {magoo} .
[13:02] {magoo} 29 minutes of silence
[13:02] {Threei} see anything moving?
[13:03] {Threei} unless you want to scalp for 5 cents, thnere is nothing out there
[13:03] {GeoArb} emn?
[13:03] {magoo} i was hoping u did
[13:05] {Threei} not sure Geo
[13:05] {GeoArb} pulled back and approaching lows agfain
[13:07] {GeoArb} scalped 10 cents but got out as didnt have vad validation hehehe
[13:16] {GeoArb} drat
[13:23] {GeoArb} anyone else play emn?
[13:23] {kazaam} naw, i was on EOG for 8 cents
[13:24] {kazaam} the E's are paying out huge
[13:24] {GeoArb} emn dropped 60 cents and i booked 10
[13:24] {GeoArb} hehe
[13:25] {kazaam} time to start working on a time machine
[13:25] {GeoArb} way to go brushing teeth
[13:25] {GeoArb} CL broke
[13:28] {magoo} vad, any "feel" for how days gonna play out?
[13:28] {magoo} close on highs?
[13:28] {Threei} yes
[13:29] {Threei} for now at least
[13:29] {magoo} strange day
[13:31] {kazaam} fnm, trying to break 11.20
[13:34] {magoo} AAPL going for 159...risky..needs mkt
[13:44] {peterg} TITN
[13:44] {peterg} intrsg
[13:44] {peterg} th
[13:44] {peterg} tg
[13:44] {peterg} intrstg
[13:45] {Threei} give up peter
[13:45] {Threei} it's hopeless
[13:45] {Threei} just ask magoo
[13:45] {Threei} he tries to type things 5 times before he shrugs and leaves all his mistypes alone
[13:46] {magoo} yuiop
[13:46] {magoo} yip
[13:46] {Threei} zere u goe
[13:46] {magoo} uyp
[14:13] {hawkfan4} friggin oil
[14:14] {Threei} won't give up easy eh
[14:15] {Threei} I'd think it's simply oversold a bit short term
[14:15] {Threei} bounces are to be expected
[14:22] {Threei} well, wat was that
[14:22] {Threei} on both sides
[14:23] {Threei} SPENDINGPULSE: FOUR-WEEK RETAIL GASOLINE DEMAND -4.1% Y/Y, YTD DEMAND 2.2%, WEEKLY DEMAND +0.7% W/W, -4% Y/Y
[14:23] {Threei} - Weekly figure indicates that US retail gasoline demand is at its highest level since 2007.{USO}
[14:39] {Threei} UPDATE: SOLAR STOCKS TRADING AT NEW HIGHS FOR THE SESSION AGAIN AFTER TOMAS WEISEL MAKES POSITVE COMMENTS ABOUT OUTLOOK FOR THE REST OF THE YEAR
[14:39] {Threei} {SPWR TSL STP ESLR SOLF}
[14:43] {kazaam} nice earthquake here
[14:44] {Threei} where?
[14:44] {kazaam} los angeles
[14:44] {GeoArb} yup
[14:44] {lars} knocked down a pic on wall here
[14:44] {Threei} really?
[14:44] {Threei} wow
[14:44] {GeoArb} my windows shaking
[14:44] {magoo} wow
[14:44] {GeoArb} i had to errr
[14:44] {GeoArb} run out of house
[14:44] {lars} hope thats it!
[14:45] {Threei} on CNN now
[14:45] {Threei} USGS: EARTHQUAKE REPORTEDLY FELT IN LOS ANGELES AREA, NO WORD ON MAGNITUDE
[14:46] {lars} I live by Temecula in SoCal... shook pretty good
[14:46] {lars} not long though luckily
[14:47] {magoo} 5.6
[14:47] {magoo} los ang to san diego
[14:47] {lars} center?
[14:48] {kazaam} santa barbara too
[14:48] {Threei} epicenter seems to be near Pomona they said
[14:48] {laserdave1} geo dcc please
[14:48] {Chaeron} I'm ok in Newport if anyone was worried :))
[14:48] {Threei} and Chino Hills
[14:49] {Chaeron} I heard center was Chino
[14:49] {Threei} anyone heard from Chaeron lately?
[14:49] {Chaeron} :P
[14:50] {peterg} hmmm..hit laser sell, sez no short available; but I wuz long SOLF for my nickel
[14:50] {peterg} then i sold out losing my nickel.
[14:50] {peterg} grr
[14:50] {peterg} thks anyway
[14:51] {Threei} you had sell order in at higher price?
[14:51] {peterg} mkt
[14:51] {magoo} upgraded to 5.8
[14:51] {GeoArb} hehehe latimes down
[14:52] {peterg} going again SOLF
[14:53] {Threei} all solars do
[14:53] {peterg} watching
[14:53] {peterg} burnt, ha ha
[14:56] {magoo} any big reports tonite vad?
[14:56] {Threei} no
[14:57] {Threei} tomorrow FSLR, DIS, SBUX
[14:57] {Threei} SYMC
[14:57] {magoo} after bell tomorrow?
[14:57] {Threei} yeah
[14:58] {Threei} so solars are probably going to play tomorrow as well
[15:00] {Threei} so it's not a Big One yet?
06[15:00] * Threei takes off his hard hat
[15:06] {Threei} CTDC trying to jojn solar race
[15:09] {esemde} I like to hear that solars may be in play.....have been following a huge list of them
[15:10] {Threei} WM?
[15:22] {Threei} hearing npizes about FNM running ahead of Bush signing the bill... isn't it given?
[15:22] {hawkfan4} if i knew what a npizie was i could answer ;)
[15:23] {fernp} lol
[15:23] {Threei} I aam so sleepy, I can't even unholster my trout
[15:23] {hawkfan4} :) my lucky day
[15:23] {Threei} that's your salvation :)
[15:24] {peterg} zzzz
[15:24] {Threei} great... just when I started lifting my eyelids
[15:25] {Threei} thanks a lot peter
[15:25] {magoo} trout??
06[15:25] * Threei ducks
06[15:25] * magoo slaps Threei around a bit with a large trout
[15:25] {peterg} good, thanks
[15:25] {peterg} that feels betr
[15:26] {peterg} btw, I saw vad's favorite movie, "Stalker"
[15:26] {Threei} really? I bet you fell asleep 12 times
[15:26] {peterg} at 2hrs 45 min, i was asleep for 9/10 of it
[15:26] {peterg} very talky philosophical
[15:27] {peterg} camerman learning to shoot distant pans
[15:27] {Threei} thing is, that's half of the package
[15:27] {Threei} there was a book first,
[15:27] {Threei} very dynamic
[15:27] {kazaam} the ending of stalker was the best
[15:27] {Threei} real page turner
[15:27] {peterg} with the telekinesis?
[15:27] {Threei} called Roadside Picnic
[15:27] {kazaam} yeah
[15:27] {kazaam} so you suggest reading the book?
[15:27] {Threei} then movie was filmed,
[15:27] {kazaam} which is slower?
[15:28] {Threei} based purely on underlying phylosophical message
[15:28] {Threei} if you read the book, you may appreciate the movie
[15:28] {Threei} if not, it's pure zzzz
[15:28] {Threei} book was very dynamic, kaz
[15:29] {Threei} nothing like movie
[15:29] {kazaam} i am going to take a gamble and assume the book is more entertaining than the markets right now
[15:29] {Threei} and Stalker himself is a very colorful figure
[15:30] {peterg} there was something gripping & involving, but I can't figure out what
[15:30] {peterg} The pace was glacial.
[15:30] {Threei} http://en.wikipedia.org/wiki/Roadside_Picnic
[15:31] {Threei} A Roadside Picnic film based on the novel is now in development by Columbia TriStar, to feature John Travolta, with a 2008 release date
[15:31] {kazaam} yeah, when i think Stalker i think JOhn travolt
[15:32] {kazaam} jk jk
[15:32] {Threei} hehe
[15:32] {Threei} digfferent meaning of word
[15:33] {Threei} book itself in both languages:
[15:33] {Threei} http://www.shnaresys.com/roadside/picnic/parallel.htm
[15:33] {peterg} vad you are a scholar of the book/movie
[15:34] {GeoArb} pssst
[15:34] {peterg} is that the whole book?
[15:34] {GeoArb} he is the authhor
[15:34] {peterg} ahhhh
[15:34] {Threei} lol
[15:34] {Threei} not sure, didn't scroll it all
[15:35] {Threei} looked in a few spots, looks authentic
[15:35] {peterg} is long
[15:35] {Threei} not really
[15:35] {peterg} shlee i shlee, i pele vechnuyu pamyatch (opening line of Dr. Zhivaog
[15:35] {peterg} we will now discuss russian literature
[15:36] {peterg} before sleeping
[15:36] {peterg} while sleeping
[15:36] {GeoArb} you insulting?
[15:36] {peterg} whom?
[15:36] {peterg} how?
[15:36] {GeoArb} russinan lit
[15:36] {peterg} nyet
[15:36] {GeoArb} lolol
[15:37] {peterg} esp. old Russ lit, like it myuself
[15:38] {Threei} mags, market seems to be doing it
[15:38] {Threei} wants to close at the high
[15:39] {peterg} laser couldn't give me SOLF or ESLR to short when it was trending down Universal?
[15:40] {Threei} I guess they are shorted to death, not much inventory
[15:40] {Threei} one of factors that drives price up now
[15:40] {Threei} book can be downloaded from official site of authors at http://www.rusf.ru/abs/books/pno.zip
[15:40] {GeoArb} yes universal
[15:41] {GeoArb} i checked 2 others
[15:41] {laserdave1} mer going nuts
[15:41] {GeoArb} my previous mention
[15:41] {GeoArb} cl
[15:43] {peterg} thks
[15:44] {Threei} from NQ daily, 1860 bereak should launch next leg up
[15:44] {Threei} hawk... no question "what bereak is" is allowed
[15:44] {hawkfan4} lol, :)
[15:45] {peterg} thats our next pres, bereak obama
[15:46] {Threei} great... how did I get myself in political discussion
[15:46] {peterg} except canadians, never mind
[15:46] {GeoArb} are you talking about cathering the great vad?
[15:47] {peterg} geo, what is cathering? medical procedure?
[15:47] {Threei} rofl
[15:47] {GeoArb} lol
[15:47] {GeoArb} bunch of potemkins
[15:47] {peterg} fooled catherine
[15:50] {Threei} OK guys, tomorrow should be an interesting day
[15:50] {magoo} ty vad..all
[15:50] {Threei} solars get in the picture, it's been a while since we had anything to play aside of financials and airlines
[15:50] {Threei} a bit more variety in the buffet
[15:51] {Threei} have a good evening, see you all tomorrow
[15:51] {lars} nice :)
[15:51] {lars} evening all
[15:51] {peterg} bye all
[15:51] {peterg} hope quake done
[15:52] {fernp} see you all tomorrow
[08:33] {Threei} good morning
[08:33] {Threei} watching MER for bounce scalp
[08:33] {hawkfan4} morning vad, all
[08:33] {Threei} hawk :)
[08:34] {Threei} .55 if getting hit
[08:34] {Threei} with stop under .40
[08:35] {Threei} smallish shares, just a fingers warm-up
[08:39] {Threei} lost support, gotta wait for more drop most likely
[08:41] {Threei} in .15
[08:43] {Threei} come on, give me one more spike, don't want to take measly 10 cents
[08:44] {Threei} if can't clear .25 will be stopped probably
[08:44] {Threei} good boy
[08:45] {Threei} out half .32
[08:46] {Threei} stop to b/e
[08:47] {Threei} am I getting too greedy here?
[08:47] {Threei} stop to .19
[08:48] {judijim} good early morning all
[08:48] {Threei} jj :)
[08:50] {magoo} morning
[08:50] {Threei} magoo :)
[08:52] {Threei} out second half
[08:52] {magoo} mer after hours last nite hit 22
[08:54] {Threei} non-shortable
[08:54] {magoo} on that sec thingy
[08:55] {Threei} raising more capital through stock dilution
[08:55] {hawkfan4} i have it short, from .17
[08:55] {Threei} :)
[08:57] {magoo} a hold from before rule?
[08:58] {hawkfan4} no, can still short it, rule covers naked shorting i think?
[09:01] {Threei} *MAY SP_CASE-SHILLER-20 Y/Y: -15.8% V -16.0%E; HOME PRICE INDEX:168.54 V 169.9 PRIOR
[09:01] {Threei} Prior Home price index revised to 170
[09:01] {Threei} Prior Case Shiller 20 y/y revised to -15.2% from 15.3% prior{XHB}
[09:05] {magoo} vad, news MT?
[09:05] {Threei} 08:00am [X] Reports Q2 $5.65 v $3.91e, R $6.74B v $5.90Be; Sees Union labor deal signed by September 1st
[09:05] {magoo} ty
[09:06] {Threei} I understand it's related news, not MT itself
[09:07] {magoo} up big
[09:17] {magoo} vad, news CNQR?
[09:17] {Threei} 08:19am [CNQR] American Express buys 6.4M shares for $251M (13% stake), has right to buy 1.28 additional shares at $39.27/share
[09:18] {magoo} ty
[09:18] {hawkfan4} MER dumped
[09:19] {magoo} could reach 22 imo
[09:20] {pita} morning all
[09:20] {Threei} pita :)
[09:20] {hawkfan4} morning
[09:20] {peterg} morning
[09:21] {Threei} peter :)
[09:24] {Threei} MER
[09:24] {Threei} SHARES REPORTEDLY PLACED AT $22.50/SHR V $24.33 PRIOR CLOSE
[09:24] {magoo} [09:20] {magoo} could reach 22 imo
[09:26] {cosmo} ZRAN
[09:26] {cosmo} 8.40 pre mkt high
[09:27] {magoo} vad, whats youur gut feel topday?as in up bounce or more pain?
[09:27] {Threei} can't tell for the whole day... things change too often and are too dependent on oil movement
[09:28] {cosmo} viscosity could be a problem?
[09:29] {Threei} alqays is
[09:29] {Threei} UPDATE: T. BOONE PICKENS HAS REPORTEDLY HIS 10M SHARE HOLDINGS OF YHOO AT A LOSS
[09:29] {Threei} - Note this was reported earlier this morning in the SF Chronicle
[09:29] {Threei} well, he is familiar with stop loss copncept {G}
[09:31] {Threei} 7.50 long UAUA if USO dumps
[09:33] {Threei} in aggressively
[09:33] {Threei} stop under .30
[09:33] {magoo} me too lol .37
[09:34] {peterg} nice-.40
[09:35] {Threei} stop's tight enough to try it for this interesting sharp oil drop
[09:35] {Threei} look at correlation between oil and market
[09:35] {Threei} practically tick in tick
[09:35] {fernp} gm all
[09:35] {Threei} fern :)
[09:36] {Threei} half out .53
[09:36] {Threei} stop to .35
[09:38] {peterg} out for my .08 ty
[09:38] {Threei} good enough for trying out new tool peter
[09:41] {Threei} this pair still looks strongly linked
[09:41] {Threei} USO/UAUA I mean
[09:42] {Threei} missed re-entry under .30
[09:44] {Threei} CFTC: SAYS TO ACT QUICKLY ON FARMERS COMPLAINTS ABOUT CROP SPECULATION
[09:47] {Threei} FNM .41 long
[09:47] {Threei} stop under .30
[09:48] {Threei} MER moving up, should help it
[09:48] {esemde} morning
[09:48] {Threei} ese :)
[09:49] {esemde} morning
[09:49] {magoo} in aggr .38
[09:49] {Threei} no help
[09:51] {Threei} BEAV lost its mind?
[09:52] {magoo} wow
[09:53] {Threei} PREVIEW: JULY CONSUMER CONFIDENCE DUE OUT AT 10AMET
[09:53] {Threei} **consensus expectation: 50.1e v 50.4 prior
[09:53] {Threei} - prior 1-year inflation expectation at 7.7%
[09:53] {Roman} 21 no doube magoo is one of the luckiest basters i have ever seen
[09:53] {magoo} out FNM .64 TY boss
[09:53] {Threei} welcome
[09:54] {Roman} 21 when i grow up, i want to be like magoo
[09:55] {magoo} looks like somebody woke up on wrong side of bed lol
[09:55] {Threei} lol
[09:55] {Roman} 21 anyway................:)
[09:56] {Threei} if my eperience is any indication, you are going to have hard time Roman... as a kid I wanted to be either austronaut or ice-cream saleman... neither paneed out
[09:56] {Roman} 21 :)
[09:57] {Roman} 21 i really do think magoo can see the future
[09:57] {Roman} 21 he is about 5 minutes ahead
[09:57] {magoo} waiting .71 uaua from .37
[09:57] {magoo} out TY boss
[09:58] {Threei} welcome :)
[10:00] {Threei} JULY CONSUMER CONFIDENCE: 51.9 V 50.1E
[10:00] {Threei} prior revised from 50.4 to 51
[10:00] {Threei} - 1-year inflation expectation at 7.6% v 7.7% prior
[10:01] {Threei} 98.70 - .80 area is critical support for USO
[10:01] {Threei} if broken, will dump much lower
[10:02] {Threei} good boy
[10:02] {Threei} UAUA reacts
[10:02] {Threei} look at oil drop
[10:02] {esemde} you were right about that one Vad....USO that is
[10:03] {magoo} nicew read vad
[10:04] {magoo} l rimm here ,31
[10:04] {magoo} risky small
[10:05] {Roman} 21 innnnnnnnnnnnnnnnnnnnnnn
[10:06] {magoo} looking for near 116
[10:06] {magoo} .91wait
[10:06] {Threei} oyl is new spelling
[10:07] {magoo} out
[10:08] {magoo} + .61
[10:08] {Roman} 21 tell me this dude is not supernatural
[10:08] {Threei} I know I have somewhat wierd way of expressing my admiration but...
06[10:08] * Threei slaps magoo around a bit with a large trout
[10:08] {magoo} u out????
[10:08] {Roman} 21 not yet
[10:08] {Roman} 21 here
[10:09] {Roman} 21 .41
[10:09] {magoo} over point NICE
[10:09] {magoo} im a dumb scalper
[10:09] {Roman} 21 thank you, now i can go to the store and buy my son food
[10:09] {Threei} lol
[10:10] {Threei} magoo is now known as Saviour of Infants
[10:10] {magoo} who'd of thunk it vad? he he
[10:11] {esemde} bstop PDCO 32.01
[10:14] {Threei} do we get that lucky to see USO losing 97.50?
[10:15] {Threei} watchinf FNM for pullback entry
[10:15] {Threei} aww... missed
[10:15] {Threei} time to buy was when I typed, lol
[10:16] {Threei} ok USO, one more dump please
[10:17] {magoo} what we playing off it?
[10:17] {Threei} not sure here, lol
[10:19] {magoo} vad, any news BIDU?
[10:19] {Threei} no
[10:19] {magoo} ty
[10:24] {Threei} in .82
[10:24] {judijim} new stradegy this week, wanted to trade more days, in long and short, today in 10 minutes made on shorts $859
[10:24] {Threei} .75 stop
[10:25] {magoo} in what
[10:25] {Threei} FNM
[10:25] {Threei} nice going jj
[10:25] {Threei} stopped
[10:25] {Threei} my timing is off on this thing today
[10:26] {judijim} we're still watching today but protect profit and back in tomorrow
[10:26] {Threei} good discipline
[10:29] {magoo} how u supposed to make 3k if u stop at 800 he he
[10:29] {esemde} bstop invalidated PDCO
[10:36] {Threei} UAUA
[10:36] {Threei} in
[10:37] {Threei} sharp dive USO, UAUA delayed reaction
[10:37] {magoo} where u in?
[10:37] {Threei} .83
[10:37] {magoo} .90
[10:38] {hawkfan4} .79
[10:38] {Threei} hawk put us all to shame
[10:38] {Threei} out +.20
[10:38] {magoo} again
[10:38] {hawkfan4} but i missed the first one
[10:39] {lars} out +.15 ty
[10:40] {magoo} out here .15, + .25
[10:40] {Threei} good job guys
[10:40] {Threei} wtg lars
06[10:40] * magoo slaps lars around a bit with a large trout
[10:41] {Threei} this is conceptual trade, as long as you understand the idea of it you don't need me to call exact levels
[10:41] {Threei} sharp move by the leading indicator (USO in this case), delayed reaction on the follower giving window for entry
[10:42] {Threei} look at the size of red bar on USO at 10:37
[10:43] {Threei} look at according time on UAUA chart
[10:43] {Threei} that's your window of opportunity
[10:43] {Threei} avoid temptation to play UAUA off any USO tick
[10:43] {Threei} it's this bug sudden one that you want
[10:43] {Threei} bug = big
[10:47] {Threei} FNM did same thing but I am avoiding it today
[10:47] {Threei} it likes me not
[10:51] {magoo} but i still like u
[10:52] {esemde} Vad have you got a way of determining Bull traps....Thats what i seem to be getting alot of these days
[10:52] {esemde} breakouts retreating significantly
[10:53] {esemde} ie..PDCO had a buy stop in there but decided not to go for it and it did retreat
[10:54] {Threei} ese, these days are dictated by oil
[10:54] {Threei} stocks rarely move on their own merit
[10:54] {Threei} standard setups are being distorted by this correlation
[10:59] {kazaam} MHP L .54
[11:01] {kazaam} yeah, the jbe plays hardly worked last week, I had to start learning new stuff! imagine that
[11:02] {Threei} plus, overall - in highly volatile markets aggressive entries are usually woriking better
[11:02] {magoo} sigh
[11:02] {kazaam} out +.13
[11:02] {Threei} wtg
[11:03] {magoo} i wish i could take aggrssive enytries
[11:03] {Threei} lol
[11:03] {kazaam} man i have been the king of getting out too early this morning
[11:03] {Threei} look who is talking... probably molst aggressive entrist (if that's a word) in da room
06[11:04] * Threei slaps laserdave1 around a bit with a large trout
[11:04] {magoo} nah...yesterday if u didn;t scalp u get waffled
[11:04] {kazaam} mmmmmm waffled
06[11:04] * magoo slaps laserdave1 around a bit with a large trout
[11:05] {laserdave1} magoober
[11:05] {laserdave1} Vadsterrrrrr
[11:05] {laserdave1} hows it going guys
[11:05] {laserdave1} i missed u too magoo
06[11:05] * laserdave1 slaps magoo around a bit with a large trout
[11:05] {magoo} good..how are u?
[11:05] {magoo} :)
[11:05] {laserdave1} good thanks
[11:06] {magoo} vad, room nice and quiet without me??
[11:06] {Threei} yes, excpet when we talked about you
[11:06] {magoo} he he
[11:06] {magoo} all negative i presume
[11:06] {Threei} and loud
[11:06] {Threei} :)
[11:06] {laserdave1} when i was bored i would just type it out even though you were not here
[11:07] {Threei} OK{ something has changed
[11:07] {laserdave1} laserdave1 hits magoo in the but with a large trout
[11:07] {Threei} both USO and UAUA went up
[11:07] {hawkfan4} UAUA strong
[11:07] {Threei} backing off until we figure it out
[11:18] {kazaam} oil looks ready to pop up
[11:18] {Threei} I am hesitant to call it... look at last similar setup it formed
[11:19] {Threei} from 10:10 to 10:30 approx
[11:19] {Threei} looked ready to break out and pop, and dumped hard instead
[11:20] {Threei} if it holds as a pattern, it will fall to 97 now :)
[11:20] {kazaam} bear flag at 10:!0 to 10:30, kinda looks like head and shoulder now
[11:21] {magoo} to bad we can't short uso
[11:21] {Threei} we can short OIH
[11:22] {magoo} oh right
[11:37] {Threei} and now for the wisdom from above:
[11:37] {Threei} TREASURY'S MCCORMICK: OIL PRICES ARE A HUGE BURDEN ON THE US ECONOMY
[11:37] {Threei} no, really?
[11:38] {kazaam} i think i speak for everybody, without government analysis we would be lost
[11:38] {Threei} like scared children in the darkness
[11:38] {Threei} and the most scary thing is
[11:38] {Threei} magoo would try to get me to hold his hand
[11:39] {magoo} that does it!!!!
[11:39] {Threei} oops
06[11:39] * magoo slaps Threei around a bit with a large trout
06[11:39] * Threei ducks
[11:58] {kazaam} MHP, 40.00 daily support, how do you think that will hold if the market turns downward?
[11:58] {Threei} doubt it
[11:59] {kazaam} tks
[12:13] {Threei} FSLR reports tomorrow
[12:14] {Threei} probable followers LDK, CSIQ
[12:14] {hawkfan4} that's always entertaining
[12:17] {Threei} I am morally, mentally and ethically ready for another big oil drop
[12:19] {Threei} I'd say, USO at 95 would bring tears of joy to my eyes
[12:22] {hawkfan4} mine too, and the sooner the beter
[12:32] {Threei} loss of .80 should launch next leg down USO
[12:33] {Threei} especially if stays under 98
[13:02] {magoo} .
[13:02] {magoo} 29 minutes of silence
[13:02] {Threei} see anything moving?
[13:03] {Threei} unless you want to scalp for 5 cents, thnere is nothing out there
[13:03] {GeoArb} emn?
[13:03] {magoo} i was hoping u did
[13:05] {Threei} not sure Geo
[13:05] {GeoArb} pulled back and approaching lows agfain
[13:07] {GeoArb} scalped 10 cents but got out as didnt have vad validation hehehe
[13:16] {GeoArb} drat
[13:23] {GeoArb} anyone else play emn?
[13:23] {kazaam} naw, i was on EOG for 8 cents
[13:24] {kazaam} the E's are paying out huge
[13:24] {GeoArb} emn dropped 60 cents and i booked 10
[13:24] {GeoArb} hehe
[13:25] {kazaam} time to start working on a time machine
[13:25] {GeoArb} way to go brushing teeth
[13:25] {GeoArb} CL broke
[13:28] {magoo} vad, any "feel" for how days gonna play out?
[13:28] {magoo} close on highs?
[13:28] {Threei} yes
[13:29] {Threei} for now at least
[13:29] {magoo} strange day
[13:31] {kazaam} fnm, trying to break 11.20
[13:34] {magoo} AAPL going for 159...risky..needs mkt
[13:44] {peterg} TITN
[13:44] {peterg} intrsg
[13:44] {peterg} th
[13:44] {peterg} tg
[13:44] {peterg} intrstg
[13:45] {Threei} give up peter
[13:45] {Threei} it's hopeless
[13:45] {Threei} just ask magoo
[13:45] {Threei} he tries to type things 5 times before he shrugs and leaves all his mistypes alone
[13:46] {magoo} yuiop
[13:46] {magoo} yip
[13:46] {Threei} zere u goe
[13:46] {magoo} uyp
[14:13] {hawkfan4} friggin oil
[14:14] {Threei} won't give up easy eh
[14:15] {Threei} I'd think it's simply oversold a bit short term
[14:15] {Threei} bounces are to be expected
[14:22] {Threei} well, wat was that
[14:22] {Threei} on both sides
[14:23] {Threei} SPENDINGPULSE: FOUR-WEEK RETAIL GASOLINE DEMAND -4.1% Y/Y, YTD DEMAND 2.2%, WEEKLY DEMAND +0.7% W/W, -4% Y/Y
[14:23] {Threei} - Weekly figure indicates that US retail gasoline demand is at its highest level since 2007.{USO}
[14:39] {Threei} UPDATE: SOLAR STOCKS TRADING AT NEW HIGHS FOR THE SESSION AGAIN AFTER TOMAS WEISEL MAKES POSITVE COMMENTS ABOUT OUTLOOK FOR THE REST OF THE YEAR
[14:39] {Threei} {SPWR TSL STP ESLR SOLF}
[14:43] {kazaam} nice earthquake here
[14:44] {Threei} where?
[14:44] {kazaam} los angeles
[14:44] {GeoArb} yup
[14:44] {lars} knocked down a pic on wall here
[14:44] {Threei} really?
[14:44] {Threei} wow
[14:44] {GeoArb} my windows shaking
[14:44] {magoo} wow
[14:44] {GeoArb} i had to errr
[14:44] {GeoArb} run out of house
[14:44] {lars} hope thats it!
[14:45] {Threei} on CNN now
[14:45] {Threei} USGS: EARTHQUAKE REPORTEDLY FELT IN LOS ANGELES AREA, NO WORD ON MAGNITUDE
[14:46] {lars} I live by Temecula in SoCal... shook pretty good
[14:46] {lars} not long though luckily
[14:47] {magoo} 5.6
[14:47] {magoo} los ang to san diego
[14:47] {lars} center?
[14:48] {kazaam} santa barbara too
[14:48] {Threei} epicenter seems to be near Pomona they said
[14:48] {laserdave1} geo dcc please
[14:48] {Chaeron} I'm ok in Newport if anyone was worried :))
[14:48] {Threei} and Chino Hills
[14:49] {Chaeron} I heard center was Chino
[14:49] {Threei} anyone heard from Chaeron lately?
[14:49] {Chaeron} :P
[14:50] {peterg} hmmm..hit laser sell, sez no short available; but I wuz long SOLF for my nickel
[14:50] {peterg} then i sold out losing my nickel.
[14:50] {peterg} grr
[14:50] {peterg} thks anyway
[14:51] {Threei} you had sell order in at higher price?
[14:51] {peterg} mkt
[14:51] {magoo} upgraded to 5.8
[14:51] {GeoArb} hehehe latimes down
[14:52] {peterg} going again SOLF
[14:53] {Threei} all solars do
[14:53] {peterg} watching
[14:53] {peterg} burnt, ha ha
[14:56] {magoo} any big reports tonite vad?
[14:56] {Threei} no
[14:57] {Threei} tomorrow FSLR, DIS, SBUX
[14:57] {Threei} SYMC
[14:57] {magoo} after bell tomorrow?
[14:57] {Threei} yeah
[14:58] {Threei} so solars are probably going to play tomorrow as well
[15:00] {Threei} so it's not a Big One yet?
06[15:00] * Threei takes off his hard hat
[15:06] {Threei} CTDC trying to jojn solar race
[15:09] {esemde} I like to hear that solars may be in play.....have been following a huge list of them
[15:10] {Threei} WM?
[15:22] {Threei} hearing npizes about FNM running ahead of Bush signing the bill... isn't it given?
[15:22] {hawkfan4} if i knew what a npizie was i could answer ;)
[15:23] {fernp} lol
[15:23] {Threei} I aam so sleepy, I can't even unholster my trout
[15:23] {hawkfan4} :) my lucky day
[15:23] {Threei} that's your salvation :)
[15:24] {peterg} zzzz
[15:24] {Threei} great... just when I started lifting my eyelids
[15:25] {Threei} thanks a lot peter
[15:25] {magoo} trout??
06[15:25] * Threei ducks
06[15:25] * magoo slaps Threei around a bit with a large trout
[15:25] {peterg} good, thanks
[15:25] {peterg} that feels betr
[15:26] {peterg} btw, I saw vad's favorite movie, "Stalker"
[15:26] {Threei} really? I bet you fell asleep 12 times
[15:26] {peterg} at 2hrs 45 min, i was asleep for 9/10 of it
[15:26] {peterg} very talky philosophical
[15:27] {peterg} camerman learning to shoot distant pans
[15:27] {Threei} thing is, that's half of the package
[15:27] {Threei} there was a book first,
[15:27] {Threei} very dynamic
[15:27] {kazaam} the ending of stalker was the best
[15:27] {Threei} real page turner
[15:27] {peterg} with the telekinesis?
[15:27] {Threei} called Roadside Picnic
[15:27] {kazaam} yeah
[15:27] {kazaam} so you suggest reading the book?
[15:27] {Threei} then movie was filmed,
[15:27] {kazaam} which is slower?
[15:28] {Threei} based purely on underlying phylosophical message
[15:28] {Threei} if you read the book, you may appreciate the movie
[15:28] {Threei} if not, it's pure zzzz
[15:28] {Threei} book was very dynamic, kaz
[15:29] {Threei} nothing like movie
[15:29] {kazaam} i am going to take a gamble and assume the book is more entertaining than the markets right now
[15:29] {Threei} and Stalker himself is a very colorful figure
[15:30] {peterg} there was something gripping & involving, but I can't figure out what
[15:30] {peterg} The pace was glacial.
[15:30] {Threei} http://en.wikipedia.org/wiki/Roadside_Picnic
[15:31] {Threei} A Roadside Picnic film based on the novel is now in development by Columbia TriStar, to feature John Travolta, with a 2008 release date
[15:31] {kazaam} yeah, when i think Stalker i think JOhn travolt
[15:32] {kazaam} jk jk
[15:32] {Threei} hehe
[15:32] {Threei} digfferent meaning of word
[15:33] {Threei} book itself in both languages:
[15:33] {Threei} http://www.shnaresys.com/roadside/picnic/parallel.htm
[15:33] {peterg} vad you are a scholar of the book/movie
[15:34] {GeoArb} pssst
[15:34] {peterg} is that the whole book?
[15:34] {GeoArb} he is the authhor
[15:34] {peterg} ahhhh
[15:34] {Threei} lol
[15:34] {Threei} not sure, didn't scroll it all
[15:35] {Threei} looked in a few spots, looks authentic
[15:35] {peterg} is long
[15:35] {Threei} not really
[15:35] {peterg} shlee i shlee, i pele vechnuyu pamyatch (opening line of Dr. Zhivaog
[15:35] {peterg} we will now discuss russian literature
[15:36] {peterg} before sleeping
[15:36] {peterg} while sleeping
[15:36] {GeoArb} you insulting?
[15:36] {peterg} whom?
[15:36] {peterg} how?
[15:36] {GeoArb} russinan lit
[15:36] {peterg} nyet
[15:36] {GeoArb} lolol
[15:37] {peterg} esp. old Russ lit, like it myuself
[15:38] {Threei} mags, market seems to be doing it
[15:38] {Threei} wants to close at the high
[15:39] {peterg} laser couldn't give me SOLF or ESLR to short when it was trending down Universal?
[15:40] {Threei} I guess they are shorted to death, not much inventory
[15:40] {Threei} one of factors that drives price up now
[15:40] {Threei} book can be downloaded from official site of authors at http://www.rusf.ru/abs/books/pno.zip
[15:40] {GeoArb} yes universal
[15:41] {GeoArb} i checked 2 others
[15:41] {laserdave1} mer going nuts
[15:41] {GeoArb} my previous mention
[15:41] {GeoArb} cl
[15:43] {peterg} thks
[15:44] {Threei} from NQ daily, 1860 bereak should launch next leg up
[15:44] {Threei} hawk... no question "what bereak is" is allowed
[15:44] {hawkfan4} lol, :)
[15:45] {peterg} thats our next pres, bereak obama
[15:46] {Threei} great... how did I get myself in political discussion
[15:46] {peterg} except canadians, never mind
[15:46] {GeoArb} are you talking about cathering the great vad?
[15:47] {peterg} geo, what is cathering? medical procedure?
[15:47] {Threei} rofl
[15:47] {GeoArb} lol
[15:47] {GeoArb} bunch of potemkins
[15:47] {peterg} fooled catherine
[15:50] {Threei} OK guys, tomorrow should be an interesting day
[15:50] {magoo} ty vad..all
[15:50] {Threei} solars get in the picture, it's been a while since we had anything to play aside of financials and airlines
[15:50] {Threei} a bit more variety in the buffet
[15:51] {Threei} have a good evening, see you all tomorrow
[15:51] {lars} nice :)
[15:51] {lars} evening all
[15:51] {peterg} bye all
[15:51] {peterg} hope quake done
[15:52] {fernp} see you all tomorrow
Monday, July 28, 2008
Jul 28 2008
[08:17] {Threei} IRAN PRESIDENT SAYS OIL PRICES 'NOT REALISTIC'; WOULD WELCOME NEW US TACK - NBC INTERVIEW
[08:17] {Threei} - NBC ran a snippet ahead of its interview with Iran's President to be broadcast later tonight
[08:43] {Threei} 08:30am [NTWK] Guides FY09 $0.40-0.45 v $0.37e; Guides FY09 Rev +30%-35% y/y (only 1 est.)
[09:01] {dptl} good morning all
[09:03] {Threei} Good morning :)
[09:04] {pita} gm everyone
[09:04] {Threei} pita :)
[09:06] {peterg} gm all
[09:06] {Threei} peter :)
[09:08] {peterg} for me today will be very interesting and frustrating; I now hve the famous laser platform, so I am back in first grade yet again.
[09:09] {Threei} just allow yourself time to learn it
[09:09] {peterg} and dont smash computer
[09:09] {Threei} it's a powerful weapon, learning curve is not really steep but will take a few
[09:10] {peterg} minutes? months
[09:10] {peterg} years
[09:10] {Threei} days :)
[09:10] {peterg} good
[09:11] {Threei} you have my layout as a starting point
[09:11] {Threei} adjust things for your configuration
[09:12] {peterg} layout from video
[09:12] {Threei} and re-orient your priorities for couple days,
[09:12] {Threei} don't try to make money right away, aim for learning the software
[09:13] {Threei} when you become comfortable with tools, you can focus on utilizing them
[09:14] {Threei} slappng dave with herring helps too
[09:14] {peterg} looking forward to it
[09:15] {Threei} you'll enjoy it... everyone who tried it once just can't let the fish go
[09:15] {Threei} lars, welcome aboard
[09:17] {hawkfan4} good morning
[09:17] {Threei} hawk :)
[09:17] {Threei} so, OPEC prez says oil should go to 70-80... Iran prez makes friendly noizes
[09:17] {Threei} what does this thing stil do above 129
[09:18] {Threei} REPORTEDLY THE US BUDGET DEFICIT SEEN AROUND $490B IN FY2009 - ADNMINISTRATION OFFICIAL
[09:18] {Threei} 129 = 120
[09:19] {cosmo} NTWK holds 3.45 ...so far
[09:20] {Threei} 3.40 - 3.60 range for now
[09:21] {fernp} good morning all
[09:21] {Threei} fern :)
[09:21] {Threei} one of those stocks today... either dies on the vine or gets attention and turns into serious runner
[09:21] {esemde} good morning.....
[09:21] {Threei} ese :)
[09:21] {esemde} morning vad
[09:22] {esemde} need to get back to work.........just about slept in again
[09:22] {lars} morning all thanks for welcome Vad
[09:22] {esemde} summer holidays makes you lazy I think
[09:22] {Threei} :)
[09:22] {Threei} from daily chart, 3.20 area is support
[09:22] {Threei} I don't have that problem ese
[09:23] {Threei} I am equally lazy any time of the year
[09:23] {esemde} I want your problem then
[09:24] {Threei} IRAN PRESIDENT: IRAN IS NOT WORKING ON A NUCLEAR WEAPON - NBC NEWS INTERVIEW PREVIEWS
[09:24] {Threei} {USO}
[09:25] {Threei} overall, usual suspects on radar... FNM, UAUA, FRE, plus NTWK
[09:26] {Threei} if oil getting hit UAUA is a player again
[09:28] {magoo} HEY:)
[09:29] {Threei} mags!
[09:29] {Threei} greeting trout in order?
[09:29] {esemde} AMGN up 7 pts
[09:30] {Threei} got a few upgrades
[09:30] {magoo} please do
[09:30] {esemde} and new osteoperosis drug as well
06[09:30] * Threei slaps magoo around a bit with a large trout
[09:31] {magoo} i knew something missing all week
[09:31] {Threei} :)
[09:33] {Threei} .15 long UAUA
[09:33] {Threei} stop under 7
[09:33] {Threei} too fast?
[09:33] {Threei} no chasing
[09:34] {Threei} it gives sudden "teleportations" up and down
[09:34] {Threei} one of such to the downside gives an entry chance for fast traders
[09:34] {Threei} but have to time it with USO moves
[09:35] {Threei} over 1:1 if anyone got it (doubtfully)
[09:35] {magoo} i did :)
[09:35] {Threei} wow... some got nice rest
[09:35] {Threei} grab profit or at least partial
[09:36] {magoo} ok out .38
[09:36] {magoo} TY
[09:36] {Threei} welcome, nice start after vacation
[09:36] {Threei} if USO moves down sharply, watch for UAUA headfake downtick
[09:37] {esemde} LSchw
[09:37] {Threei} it does it often shaking traders out before jumping up
[09:37] {esemde} 22.18
[09:37] {esemde} 1/2 lot
[09:38] {Threei} VVUS
[09:38] {Threei} break over .70 long
[09:38] {Threei} if stays above .55
[09:39] {Threei} FNM, watch for pullback into 12 - 12.20 area for entry
[09:42] {Threei} here comes sizeable pullback UAUA
[09:42] {Threei} USO drop will give an entry now
[09:43] {Threei} 99.50 break should launch next leg down
[09:46] {Threei} die USO
[09:47] {kazaam} did fnm already waste its bounce?
[09:47] {kazaam} or you think its got another?
[09:48] {Threei} didn't pull back deep enough for me
[09:48] {Threei} it haas ranges wider than this
[09:48] {Threei} here goes USO
[09:49] {Threei} if you got UAUA, stop under .20
[09:49] {magoo} vad, FNM?
06[09:49] * Threei hits USO over the head with 2x4
[09:50] {Threei} feels like should dive deeper FNM
[09:50] {Threei} under 12
[09:50] {Threei} watch for quick selling
[09:50] {kazaam} awww, the 2x4 is sometimes for subtle than the boots
[09:51] {Threei} 2x4 works
[09:52] {kazaam} amgn break high or low a decent play?
[09:52] {Threei} can't get a grip on it kaz... not sure
[09:53] {Threei} feel free to scalp or partial here on UAUA
[09:54] {Threei} with entry about .35, nicely above 1:1
[09:56] {Threei} FNM should lose 12 now
[09:58] {peterg} ok i like laser & colors are prettier
[09:59] {Threei} yup, I am a sucker for flashing lights too
[10:00] {Threei} and you have dave to slap as a bonus
[10:00] {Threei} icing on a cake so to speak
[10:00] {peterg} where is he
[10:00] {Threei} slacking
[10:00] {Threei} which gets him double trout when he wakes up
[10:00] {Threei} but if you need urgent help, phone him
[10:01] {peterg} nope, i just figured out how to buy...now if I can figure out how to sell....
[10:01] {Threei} lol
[10:03] {Threei} missed FNM dive under 12
[10:03] {magoo} wa last week up week or down for mkts overall?
[10:03] {Threei} up... and don't tell me you unlearned how to tell that from chart
[10:04] {magoo} hey, im even lazier now than before i left lol
[10:04] {Threei} is it even possible?
[10:04] {magoo} if thats possible
[10:04] {Threei} I perceive it as a threat to my king of laziness status
[10:05] {magoo} waiting .71 uaua
[10:06] {Threei} whatcha got on entry?
[10:06] {magoo} .34
[10:06] {Threei} :)
[10:06] {magoo} there TY
[10:07] {Threei} welcome
[10:07] {Threei} this pair continues giving
[10:15] {Threei} get ready for bounce scalp FNM
[10:16] {Threei} IMF REPORT: RISKS TO THE FINANCIAL SECTOR REMAIN ELEVATED, THE SECTOR REMAINS FRAGILE, SEE INCREASED LIKELYHOOD OF THE SECTOR'S WOES IMPACTING THE REAL ECONOMY
[10:16] {Threei} - The bottom for the US housing market is not visible, declining home values may make homes more affordable and help stabilize the market.
[10:16] {Threei} - Sees "systemic consequences" if confidence is lost in the GSEs. The GSE model requres further examination and oversight.{FRE FNM}
[10:17] {Threei} in
[10:17] {magoo} in .79
[10:17] {Threei} stop .69
[10:17] {Threei} may take a few tries
[10:19] {kazaam} target is around 12?
[10:19] {Threei} at least
[10:19] {Threei} most likely higher
[10:19] {magoo} seems like 12.25 area
[10:21] {Threei} stopped
[10:21] {magoo} yup
[10:37] {magoo} hello?
[10:37] {magoo} 15 minutes of silence
[10:37] {patience} missed you magoo, overwhelmed by your presence :)
[10:37] {Threei} lol
[10:38] {magoo} :)
[10:39] {Threei} CNBC: TREASURY PAULSON TO SPEAK AT 2:30PMET
[10:40] {magoo} u make alot of cake without me last week?
[10:40] {Threei} almost all of it
[10:40] {Threei} we were in hurry to grab as much as we could before your return
[10:40] {magoo} dino left me a post-it on desk..made big $$
[10:41] {magoo} nioceof him
[10:41] {magoo} nice
[10:42] {Threei} .71 long FNM if stays above .60
[10:47] {Threei} NTWK never got any traction
[10:47] {Threei} probably dead in the water
[10:48] {Threei} BRCM
[10:48] {Threei} 24 break long
[10:48] {Threei} stop under .80
[10:50] {Roman} 21 CHK
[10:50] {Threei} FNM is valid
[10:50] {Roman} 21 HK looks decent
[10:51] {Roman} 21 and CHK for long continueation
[10:55] {pita} stop FNM?
[10:55] {Threei} .55
[10:58] {Threei} feels like tide has changed to upward on FNM again
[10:58] {Threei} needs a l,ittle help by market
[11:00] {Threei} .85 break should send it back to 12
[11:03] {Threei} market weakens... holding it back
[11:16] {Threei} OPEC PRES: PROBABLE FOR OIL PRICES TO REMAIN STABLE AT CURRENT LEVEL
[11:16] {Threei} - Reminder Saturday the OPEC President noted that oil prices should trend towards the $70-80/bbl level{USO}
[11:16] {Threei} guy changes his mind faster than daytrader
[11:18] {kazaam} @ 1250 on S&P, could be a critical break
[11:20] {Threei} 7.25 long UAUA
[11:20] {Threei} 7.14 stop
[11:24] {esemde} I'm back..with a loss...was out of SCHM 22.02 for a minus .-16. phone call from Norway...want my High school band to come there on tour next year but we are already going to Belgium
[11:25] {esemde} let that be a lesson to you all....
[11:25] {esemde} distractions turn into losses
[11:26] {Threei} USO is too strong for market to hold up it seems
[11:26] {esemde} in this case small loss...
[11:26] {esemde} man....cannot believe the phone calls i'm getting
[11:26] {Roman} 21 watching CSIQ
[11:27] {Roman} 21 probably wants over $30
[11:48] {Threei} LEH
[11:48] {Threei} MAINTAINS Q3 DIVIDEND AT $0.17
[11:52] {peterg} Laser, a high-speed trading platform, makes it possible to lose money faster than ever before.
[11:53] {peterg} Did take smaller sh size, tho, so not too bad
[11:53] {peterg} ain't learning grand?
[11:54] {Threei} sure is... and very rewarding when learning curve is over
[11:54] {Chaeron} Good morning all... welcome back Mags... hope to see vids on youtube of your past week :)
[11:54] {Threei} chaeron :)
[11:54] {magoo} chaer
[11:55] {magoo} living my dream...6 days mx
[11:55] {magoo} vad, what qwuote server u on?
[11:55] {Threei} 11
[11:56] {magoo} ty
[12:00] {kazaam} i thought it was 11-12 o'clock the way things are trading
[12:01] {magoo} sigfh...i had 65 emails to come back too
[12:01] {kazaam} select all } delete?
[12:03] {magoo} well..some i need to see lol
[12:21] {magoo} hello
[12:21] {magoo} its been 18 mins
[12:22] {Threei} someone got too precise watch
[12:38] {Threei} both USO and market got locked in a narrow range
[12:39] {Threei} USO break of 99.50 should re-energize the market
[12:40] {magoo} vad, was there recent negative news with aapl?
[12:41] {Threei} nothing ground shaking
[12:44] {Threei} USO chose to spike instead
[12:44] {Threei} btw magoo
[12:44] {magoo} uh oh
[12:44] {Threei} last two days on last week were first days that looked like typical summer
[12:45] {Threei} just so you know, we finally maybe entered it
[12:45] {Threei} maybe not... we will see
[12:45] {magoo} ok..thought a slap was comig
[12:45] {Threei} oh, that is not very far
06[12:45] * Threei slaps magoo around a bit with a large trout
[12:46] {Threei} just wanted to alert about slight pattern change you and lars, since you weren't here last week
[12:46] {Threei} whole thing before that didn't look like normal summer trading at all, so it's a very recent change
[12:47] {lars} I have a lot to learn :)
[12:49] {Threei} we all do, just some of us are better at pretending they learnt everything there is
[12:56] {dptl} Vad dcc,pls
[13:10] {Threei} FED'S MISHKIN: INFLATION TARGET SHOULD BE HEADLINE, NOT CORE, AS CORE MAY BE A BIASED MEASURE OF LONG RUN INFLATION - Q&A
[13:10] {Threei} - Reacting too much to headline and not core inflation couldn lead to bad outcomes, core inflation does not contain important information for policy makers.
[13:10] {Threei} - Expects inflation to drop to around 2% in the next three years.
[13:10] {Threei} - The recent drop in oil is "very welcome."
[13:29] {magoo} uso breaks .50 vad
[13:30] {Threei} not sure about follow throuigh
[13:32] {Threei} the only way right now to play this kind of moves is if it drops sharply and UAUA gives a delay enough for entry
[13:35] {Threei} this UAUA pullback creates good base for entry - IF USO drops fast from here
[13:47] {Threei} WHITE HOUSE: ECONOMY CONTINUES TO EXPAND, REMAINS "FUNDAMENTALLY RESILIENT"
[14:15] {magoo} .
[14:15] {Threei} fine point
[14:22] {Threei} PREVIEW: TREASURY'S LATEST QUARTERLY FINANCING ESTIMATES EXPECTED AT 3PMET
[14:25] {magoo} market mover?
[14:29] {Threei} probably
[14:29] {Threei} oil is major force moving market right now
[14:31] {magoo} cnbc paulson news coming
[14:50] {esemde} would have to agree with that statement Vad....as I look at the OEX....it mimickss the indexes or they are mimicking it.
[14:51] {esemde} opps oex isn't Oil index thats the S&P 100
[14:54] {Threei} just use USO for oil
[15:07] {esemde} Ok signing off...have a tee time at 1:00pm out in your neck of the wods Vad....Cordova Bay
[15:08] {Threei} have fun :)
[15:08] {esemde} see you all tomorow
[15:08] {esemde} i will
[15:08] {magoo} bye es
[15:08] {esemde} see ya mags
[15:15] {Threei} looking for UAUA to hold 7 and break 7.10 for a scalp
[15:26] {judijim} we're signing off, did trade today for net + $1225, be back tomorrow
[15:30] {Threei} take care jj
[15:43] {fernp} I have to go. see you all tomorrow.
[15:44] {Threei} take care fern
[15:44] {Threei} fairly empty day
[15:44] {Threei} couple good moves in the morning, then plug gets pulled
[15:53] {Threei} OK guys, let's have a good evening
[15:53] {Threei} thank you all, see you tomorrow
[15:53] {dptl} have a good evening all
[08:17] {Threei} - NBC ran a snippet ahead of its interview with Iran's President to be broadcast later tonight
[08:43] {Threei} 08:30am [NTWK] Guides FY09 $0.40-0.45 v $0.37e; Guides FY09 Rev +30%-35% y/y (only 1 est.)
[09:01] {dptl} good morning all
[09:03] {Threei} Good morning :)
[09:04] {pita} gm everyone
[09:04] {Threei} pita :)
[09:06] {peterg} gm all
[09:06] {Threei} peter :)
[09:08] {peterg} for me today will be very interesting and frustrating; I now hve the famous laser platform, so I am back in first grade yet again.
[09:09] {Threei} just allow yourself time to learn it
[09:09] {peterg} and dont smash computer
[09:09] {Threei} it's a powerful weapon, learning curve is not really steep but will take a few
[09:10] {peterg} minutes? months
[09:10] {peterg} years
[09:10] {Threei} days :)
[09:10] {peterg} good
[09:11] {Threei} you have my layout as a starting point
[09:11] {Threei} adjust things for your configuration
[09:12] {peterg} layout from video
[09:12] {Threei} and re-orient your priorities for couple days,
[09:12] {Threei} don't try to make money right away, aim for learning the software
[09:13] {Threei} when you become comfortable with tools, you can focus on utilizing them
[09:14] {Threei} slappng dave with herring helps too
[09:14] {peterg} looking forward to it
[09:15] {Threei} you'll enjoy it... everyone who tried it once just can't let the fish go
[09:15] {Threei} lars, welcome aboard
[09:17] {hawkfan4} good morning
[09:17] {Threei} hawk :)
[09:17] {Threei} so, OPEC prez says oil should go to 70-80... Iran prez makes friendly noizes
[09:17] {Threei} what does this thing stil do above 129
[09:18] {Threei} REPORTEDLY THE US BUDGET DEFICIT SEEN AROUND $490B IN FY2009 - ADNMINISTRATION OFFICIAL
[09:18] {Threei} 129 = 120
[09:19] {cosmo} NTWK holds 3.45 ...so far
[09:20] {Threei} 3.40 - 3.60 range for now
[09:21] {fernp} good morning all
[09:21] {Threei} fern :)
[09:21] {Threei} one of those stocks today... either dies on the vine or gets attention and turns into serious runner
[09:21] {esemde} good morning.....
[09:21] {Threei} ese :)
[09:21] {esemde} morning vad
[09:22] {esemde} need to get back to work.........just about slept in again
[09:22] {lars} morning all thanks for welcome Vad
[09:22] {esemde} summer holidays makes you lazy I think
[09:22] {Threei} :)
[09:22] {Threei} from daily chart, 3.20 area is support
[09:22] {Threei} I don't have that problem ese
[09:23] {Threei} I am equally lazy any time of the year
[09:23] {esemde} I want your problem then
[09:24] {Threei} IRAN PRESIDENT: IRAN IS NOT WORKING ON A NUCLEAR WEAPON - NBC NEWS INTERVIEW PREVIEWS
[09:24] {Threei} {USO}
[09:25] {Threei} overall, usual suspects on radar... FNM, UAUA, FRE, plus NTWK
[09:26] {Threei} if oil getting hit UAUA is a player again
[09:28] {magoo} HEY:)
[09:29] {Threei} mags!
[09:29] {Threei} greeting trout in order?
[09:29] {esemde} AMGN up 7 pts
[09:30] {Threei} got a few upgrades
[09:30] {magoo} please do
[09:30] {esemde} and new osteoperosis drug as well
06[09:30] * Threei slaps magoo around a bit with a large trout
[09:31] {magoo} i knew something missing all week
[09:31] {Threei} :)
[09:33] {Threei} .15 long UAUA
[09:33] {Threei} stop under 7
[09:33] {Threei} too fast?
[09:33] {Threei} no chasing
[09:34] {Threei} it gives sudden "teleportations" up and down
[09:34] {Threei} one of such to the downside gives an entry chance for fast traders
[09:34] {Threei} but have to time it with USO moves
[09:35] {Threei} over 1:1 if anyone got it (doubtfully)
[09:35] {magoo} i did :)
[09:35] {Threei} wow... some got nice rest
[09:35] {Threei} grab profit or at least partial
[09:36] {magoo} ok out .38
[09:36] {magoo} TY
[09:36] {Threei} welcome, nice start after vacation
[09:36] {Threei} if USO moves down sharply, watch for UAUA headfake downtick
[09:37] {esemde} LSchw
[09:37] {Threei} it does it often shaking traders out before jumping up
[09:37] {esemde} 22.18
[09:37] {esemde} 1/2 lot
[09:38] {Threei} VVUS
[09:38] {Threei} break over .70 long
[09:38] {Threei} if stays above .55
[09:39] {Threei} FNM, watch for pullback into 12 - 12.20 area for entry
[09:42] {Threei} here comes sizeable pullback UAUA
[09:42] {Threei} USO drop will give an entry now
[09:43] {Threei} 99.50 break should launch next leg down
[09:46] {Threei} die USO
[09:47] {kazaam} did fnm already waste its bounce?
[09:47] {kazaam} or you think its got another?
[09:48] {Threei} didn't pull back deep enough for me
[09:48] {Threei} it haas ranges wider than this
[09:48] {Threei} here goes USO
[09:49] {Threei} if you got UAUA, stop under .20
[09:49] {magoo} vad, FNM?
06[09:49] * Threei hits USO over the head with 2x4
[09:50] {Threei} feels like should dive deeper FNM
[09:50] {Threei} under 12
[09:50] {Threei} watch for quick selling
[09:50] {kazaam} awww, the 2x4 is sometimes for subtle than the boots
[09:51] {Threei} 2x4 works
[09:52] {kazaam} amgn break high or low a decent play?
[09:52] {Threei} can't get a grip on it kaz... not sure
[09:53] {Threei} feel free to scalp or partial here on UAUA
[09:54] {Threei} with entry about .35, nicely above 1:1
[09:56] {Threei} FNM should lose 12 now
[09:58] {peterg} ok i like laser & colors are prettier
[09:59] {Threei} yup, I am a sucker for flashing lights too
[10:00] {Threei} and you have dave to slap as a bonus
[10:00] {Threei} icing on a cake so to speak
[10:00] {peterg} where is he
[10:00] {Threei} slacking
[10:00] {Threei} which gets him double trout when he wakes up
[10:00] {Threei} but if you need urgent help, phone him
[10:01] {peterg} nope, i just figured out how to buy...now if I can figure out how to sell....
[10:01] {Threei} lol
[10:03] {Threei} missed FNM dive under 12
[10:03] {magoo} wa last week up week or down for mkts overall?
[10:03] {Threei} up... and don't tell me you unlearned how to tell that from chart
[10:04] {magoo} hey, im even lazier now than before i left lol
[10:04] {Threei} is it even possible?
[10:04] {magoo} if thats possible
[10:04] {Threei} I perceive it as a threat to my king of laziness status
[10:05] {magoo} waiting .71 uaua
[10:06] {Threei} whatcha got on entry?
[10:06] {magoo} .34
[10:06] {Threei} :)
[10:06] {magoo} there TY
[10:07] {Threei} welcome
[10:07] {Threei} this pair continues giving
[10:15] {Threei} get ready for bounce scalp FNM
[10:16] {Threei} IMF REPORT: RISKS TO THE FINANCIAL SECTOR REMAIN ELEVATED, THE SECTOR REMAINS FRAGILE, SEE INCREASED LIKELYHOOD OF THE SECTOR'S WOES IMPACTING THE REAL ECONOMY
[10:16] {Threei} - The bottom for the US housing market is not visible, declining home values may make homes more affordable and help stabilize the market.
[10:16] {Threei} - Sees "systemic consequences" if confidence is lost in the GSEs. The GSE model requres further examination and oversight.{FRE FNM}
[10:17] {Threei} in
[10:17] {magoo} in .79
[10:17] {Threei} stop .69
[10:17] {Threei} may take a few tries
[10:19] {kazaam} target is around 12?
[10:19] {Threei} at least
[10:19] {Threei} most likely higher
[10:19] {magoo} seems like 12.25 area
[10:21] {Threei} stopped
[10:21] {magoo} yup
[10:37] {magoo} hello?
[10:37] {magoo} 15 minutes of silence
[10:37] {patience} missed you magoo, overwhelmed by your presence :)
[10:37] {Threei} lol
[10:38] {magoo} :)
[10:39] {Threei} CNBC: TREASURY PAULSON TO SPEAK AT 2:30PMET
[10:40] {magoo} u make alot of cake without me last week?
[10:40] {Threei} almost all of it
[10:40] {Threei} we were in hurry to grab as much as we could before your return
[10:40] {magoo} dino left me a post-it on desk..made big $$
[10:41] {magoo} nioceof him
[10:41] {magoo} nice
[10:42] {Threei} .71 long FNM if stays above .60
[10:47] {Threei} NTWK never got any traction
[10:47] {Threei} probably dead in the water
[10:48] {Threei} BRCM
[10:48] {Threei} 24 break long
[10:48] {Threei} stop under .80
[10:50] {Roman} 21 CHK
[10:50] {Threei} FNM is valid
[10:50] {Roman} 21 HK looks decent
[10:51] {Roman} 21 and CHK for long continueation
[10:55] {pita} stop FNM?
[10:55] {Threei} .55
[10:58] {Threei} feels like tide has changed to upward on FNM again
[10:58] {Threei} needs a l,ittle help by market
[11:00] {Threei} .85 break should send it back to 12
[11:03] {Threei} market weakens... holding it back
[11:16] {Threei} OPEC PRES: PROBABLE FOR OIL PRICES TO REMAIN STABLE AT CURRENT LEVEL
[11:16] {Threei} - Reminder Saturday the OPEC President noted that oil prices should trend towards the $70-80/bbl level{USO}
[11:16] {Threei} guy changes his mind faster than daytrader
[11:18] {kazaam} @ 1250 on S&P, could be a critical break
[11:20] {Threei} 7.25 long UAUA
[11:20] {Threei} 7.14 stop
[11:24] {esemde} I'm back..with a loss...was out of SCHM 22.02 for a minus .-16. phone call from Norway...want my High school band to come there on tour next year but we are already going to Belgium
[11:25] {esemde} let that be a lesson to you all....
[11:25] {esemde} distractions turn into losses
[11:26] {Threei} USO is too strong for market to hold up it seems
[11:26] {esemde} in this case small loss...
[11:26] {esemde} man....cannot believe the phone calls i'm getting
[11:26] {Roman} 21 watching CSIQ
[11:27] {Roman} 21 probably wants over $30
[11:48] {Threei} LEH
[11:48] {Threei} MAINTAINS Q3 DIVIDEND AT $0.17
[11:52] {peterg} Laser, a high-speed trading platform, makes it possible to lose money faster than ever before.
[11:53] {peterg} Did take smaller sh size, tho, so not too bad
[11:53] {peterg} ain't learning grand?
[11:54] {Threei} sure is... and very rewarding when learning curve is over
[11:54] {Chaeron} Good morning all... welcome back Mags... hope to see vids on youtube of your past week :)
[11:54] {Threei} chaeron :)
[11:54] {magoo} chaer
[11:55] {magoo} living my dream...6 days mx
[11:55] {magoo} vad, what qwuote server u on?
[11:55] {Threei} 11
[11:56] {magoo} ty
[12:00] {kazaam} i thought it was 11-12 o'clock the way things are trading
[12:01] {magoo} sigfh...i had 65 emails to come back too
[12:01] {kazaam} select all } delete?
[12:03] {magoo} well..some i need to see lol
[12:21] {magoo} hello
[12:21] {magoo} its been 18 mins
[12:22] {Threei} someone got too precise watch
[12:38] {Threei} both USO and market got locked in a narrow range
[12:39] {Threei} USO break of 99.50 should re-energize the market
[12:40] {magoo} vad, was there recent negative news with aapl?
[12:41] {Threei} nothing ground shaking
[12:44] {Threei} USO chose to spike instead
[12:44] {Threei} btw magoo
[12:44] {magoo} uh oh
[12:44] {Threei} last two days on last week were first days that looked like typical summer
[12:45] {Threei} just so you know, we finally maybe entered it
[12:45] {Threei} maybe not... we will see
[12:45] {magoo} ok..thought a slap was comig
[12:45] {Threei} oh, that is not very far
06[12:45] * Threei slaps magoo around a bit with a large trout
[12:46] {Threei} just wanted to alert about slight pattern change you and lars, since you weren't here last week
[12:46] {Threei} whole thing before that didn't look like normal summer trading at all, so it's a very recent change
[12:47] {lars} I have a lot to learn :)
[12:49] {Threei} we all do, just some of us are better at pretending they learnt everything there is
[12:56] {dptl} Vad dcc,pls
[13:10] {Threei} FED'S MISHKIN: INFLATION TARGET SHOULD BE HEADLINE, NOT CORE, AS CORE MAY BE A BIASED MEASURE OF LONG RUN INFLATION - Q&A
[13:10] {Threei} - Reacting too much to headline and not core inflation couldn lead to bad outcomes, core inflation does not contain important information for policy makers.
[13:10] {Threei} - Expects inflation to drop to around 2% in the next three years.
[13:10] {Threei} - The recent drop in oil is "very welcome."
[13:29] {magoo} uso breaks .50 vad
[13:30] {Threei} not sure about follow throuigh
[13:32] {Threei} the only way right now to play this kind of moves is if it drops sharply and UAUA gives a delay enough for entry
[13:35] {Threei} this UAUA pullback creates good base for entry - IF USO drops fast from here
[13:47] {Threei} WHITE HOUSE: ECONOMY CONTINUES TO EXPAND, REMAINS "FUNDAMENTALLY RESILIENT"
[14:15] {magoo} .
[14:15] {Threei} fine point
[14:22] {Threei} PREVIEW: TREASURY'S LATEST QUARTERLY FINANCING ESTIMATES EXPECTED AT 3PMET
[14:25] {magoo} market mover?
[14:29] {Threei} probably
[14:29] {Threei} oil is major force moving market right now
[14:31] {magoo} cnbc paulson news coming
[14:50] {esemde} would have to agree with that statement Vad....as I look at the OEX....it mimickss the indexes or they are mimicking it.
[14:51] {esemde} opps oex isn't Oil index thats the S&P 100
[14:54] {Threei} just use USO for oil
[15:07] {esemde} Ok signing off...have a tee time at 1:00pm out in your neck of the wods Vad....Cordova Bay
[15:08] {Threei} have fun :)
[15:08] {esemde} see you all tomorow
[15:08] {esemde} i will
[15:08] {magoo} bye es
[15:08] {esemde} see ya mags
[15:15] {Threei} looking for UAUA to hold 7 and break 7.10 for a scalp
[15:26] {judijim} we're signing off, did trade today for net + $1225, be back tomorrow
[15:30] {Threei} take care jj
[15:43] {fernp} I have to go. see you all tomorrow.
[15:44] {Threei} take care fern
[15:44] {Threei} fairly empty day
[15:44] {Threei} couple good moves in the morning, then plug gets pulled
[15:53] {Threei} OK guys, let's have a good evening
[15:53] {Threei} thank you all, see you tomorrow
[15:53] {dptl} have a good evening all
Subscribe to:
Posts (Atom)