Session Time: Fri Aug 22 00:00:00 2008
[08:05] {hawkfan4} good morning
[08:05] {Threei} Good morning
[08:06] {Threei} LEH
[08:06] {Threei} PRE-MARKET STRENGTH BEING ATTRIBUTED TO REPORTS KOREA'S DEVELOPMENT BANK (KDB) CONSIDERS CO. AN OPTION FOR AN ACQUISITION
[08:06] {Threei} Reminder Overnight an articl in South Korea's Chosun noted that Korea Development Bank had been in talks to buy a stake and management rights in Lehman, but failed to reach an agreement due to concerns about the financial health of Lehman.
[08:06] {hawkfan4} sometimes it pays to get up early. Got LEH at 14.76, just sold 1/3 at 15.70
[08:07] {Threei} wtg
[08:07] {Threei} I slept in
[08:07] {Threei} WARREN BUFFETT: SAYS IS NOT POSITIONED AGAINST THE DOLLAR AND EQUITIES ARE MORE ATTRACTIVE THAN THEY WERE A YEAR AGO - CNBC INTERVIEW
[08:07] {Threei} - Fed Chairman Bernanke does not have a "magic wand" for solving the problems of the US economy.
[08:07] {Threei} - Berkshire has no bets against the USD or any direct currency plays, believes USD strength will not last if current account deficits continue, yet does not see the USD falling in the short term
[08:07] {Threei} - Repeats that there is a "reasonable chance" shares in the GSEs will be wiped out
[08:07] {hawkfan4} thx, pure luck, i just saw it moving and grabbed it
[08:07] {Threei} cobra instinct
[08:13] {hawkfan4} yeah, i figured something must be up the way it was moving. out .66, was too busy bragging when i should've been selling
[08:14] {Threei} I still can't believe the summer trading e had
[08:15] {Threei} we
[08:15] {hawkfan4} no kidding. I can't believe this is August.
[08:16] {Threei} with so much turbulence in various areas, market once again proved that the only constant thing about it is a constant change
[08:28] {hawkfan4} watching UAUA for a short if oil pops back over 120
[08:32] {pita} gm all
[08:33] {Threei} pita :)
[08:38] {pita} thoughts INTC Vad? wireless transmission of electricity, interesting
[08:38] {Threei} this news is floating out there for a few days already
[08:39] {Threei} NYT just got to it
[08:39] {Threei} also,
[08:39] {Threei} 08/21/08 07:07pm
[08:39] {Threei} [MU] Micron Technology Inc Production at MU/INTC Singapore chip plant will be delayed - unconfirmed report
[08:39] {Threei} - The two companies will delay output of NAND chips due to weak pricing trends.
[08:39] {Threei} - On 5/4, Intel said that it expected the Singapore plant to delay output by 6 months and the jv had expected that output would begin by mid 2009.
[08:40] {Threei} I think this INTC gap is simply market gap
[08:54] {cosmo} BCSI
[08:55] {cosmo} # Blue Coat swings to fiscal 1Q loss, meets viewsAP(Thu 5:46pm)
[08:56] {Onix} Good morning
[08:56] {Threei} cosmo, onix :)
[08:56] {cosmo} 3i:)
[08:59] {brian3579} gm
[09:00] {Threei} brian :)
[09:00] {Threei} we have Bernarke speaking today on financial woes
[09:01] {Threei} 10 am
[09:03] {dptl} good morning all
[09:03] {Threei} dp :)
[09:04] {patience} good morning RT :)
[09:05] {Threei} patience :)
[09:17] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {tomg} gm all
[09:18] {Threei} tom :)
[09:20] {peterg} morning
[09:20] {Threei} peter :)
[09:22] {fernp} Goog morning all
[09:23] {Threei} fern :)
[09:26] {cosmo} BSCI pre mkt high = 18 fwiw
[09:28] {Onix} cosmo, fwiw?
[09:28] {cosmo} for what its worth
[09:28] {Onix} ty ... BSCI?
[09:28] {Threei} BCSI
[09:28] {cosmo} 18.10 now
[09:30] {dino} met estimates
[09:31] {cosmo} its called an 'open break'
[09:32] {cosmo} fwiw
[09:32] {judijim} good morning all
[09:33] {Threei} jj :)
[09:34] {esemde} morning...
[09:34] {Threei} ese :)
[09:35] {Threei}
Long Setup:
0,3 UAUA .21 if stays above .10
[09:35] {Threei} verify with USO
[09:36] {Threei} over 1:1
[09:37] {dino} snps sm l .30
[09:38] {Threei} same setup once again
[09:42] {Threei} USO breakdown
[09:42] {Threei} UAUA getting refuelled
[09:43] {Threei} stop to .14
[09:45] {Onix} in UAUA a little early @ 12.28 sm shares
[09:45] {dino} cphd
[09:46] {dino} sm l .65, stop .33
[09:46] {Threei} UAUA wsorked again for a scalp and seems not done, half out
[09:46] {Threei} .28 is a somewhat "not here not there" entry
[09:46] {Threei} stop to .10 for the balance
[09:46] {Threei} .19, sorry
[09:47] {dino} pery blood
[09:47] {Threei} out in full UAUA
[09:48] {hawkfan4} nice one, thx
[09:48] {Threei} welcome
[09:48] {Threei} where is magoo... he would be all over this trade
[09:48] {tomg} ty vad
[09:48] {Threei} tom :)
[09:49] {Onix} ty Vad , got 19c
[09:49] {dino} he took the day off
[09:49] {Threei} onix :)
[09:50] {Threei} slacker...
[09:50] {dino} indeed. as i never miss a day
[09:50] {peterg} btw, i wont be here tomorrow
[09:50] {dino} lol
[09:51] {dino} yeah, me too, lawn mowing duty
[09:51] {Threei} that's it
[09:51] {Threei} I won't be here tomorrow AND the day after
[09:51] {Threei} here, take this
[09:51] {dino} cphd stop to .03
[09:51] {dino} pery feels like 15 coming
[09:52] {dino} snps not moving, tighten to .08
[09:54] {dino} cybx drop
[09:58] {dino} out cphd .00, +.35
[10:00] {esemde} too funny boys ...too funny....
[10:01] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50
[10:05] {dino} isys sm l .23, risky
[10:15] {dino} isys stop to .63
[10:16] {dino} ton .80
[10:16] {dino} to
[10:17] {Threei} ED'S BERNANKE: WILL ACT AS NEEDED FOR NEAR TERM PRICE STABILITY, ECONOMY WILL PERFORM BELOW POTENTIAL FOR QUITE SOME TIME
[10:17] {Threei} - Notes that inflation is attributed to the recent increase in commodity prices, recent commodity and USD trends are likely to have a dampending effect on inflation
[10:17] {Threei} - Sees inflation outlook as uncertain but inflation will fall towards the end of the year and into 2009
[10:17] {Threei} - Comments that the Fed funds rate currently is low despite inflation
[10:17] {Threei} - Remarks the the economy is softening and the unemployment rate is rising
[10:17] {Threei} - Feels as thought the Treasury is best suited to handle non-bank failures, and countervailing actions are needed to address the moral hazard issue
[10:18] {cosmo} moral hazard?
[10:18] {Threei} governemtn bailout are usually referred as such
[10:18] {dino} yeah, you know, booze, strip clubs, tobacco
[10:18] {cosmo} hmmm
[10:18] {dino} lol
[10:19] {dino} the guys' a genius, sheesh
[10:19] {dino} isys to .93
[10:19] {Threei} since they create an environment where private enterprises feel they have a garantee of risk being eliminated at taxpayer expense
[10:19] {Threei} I'll keep the profit and we will share the losses
[10:19] {dino} exactly, should've let them fail already, get it over with
[10:20] {dino} just like no shorts for financials, give me a break, to let insiders out, then crush public
[10:20] {cosmo} cans of worms they are
[10:20] {dino} out isys slip, ave. +.65
[10:21] {dino} fwiw, my hard stops are slipping today...thinner market?
[10:21] {dino} ok ,my rants are done
[10:23] {Threei}
Long Setup:
0,3 LEH .71 if stays above .60
[10:26] {esemde} long CTXS....1/2 lot .02....thin
[10:27] {Threei}
3,0 Attention: LEH 1:1
[10:27] {Threei} half out
[10:27] {dptl} +.10 leh ty
[10:27] {Threei} welcome
[10:28] {fernp} out +.11 TY
[10:28] {Threei} :)
[10:28] {esemde} stop .88
[10:29] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50 and USO helps
[10:30] {Threei} in
[10:35] {Threei} stopped
[10:35] {fernp} stopped
[10:35] {peterg} yup
[10:36] {pita} sadly yup
[10:39] {Onix} got 7c at last in LEH
[10:40] {Threei} oil fast drop
[10:41] {dino} .
[10:41] {dino} sm l cybx .61
[10:43] {dino} stop is .23 fwiw
[10:52] {dino} ndsn
[10:53] {dino} snps stop to b/e
[10:54] {Threei} poor souls
[10:54] {Threei} how do they tie the laces on their shoes
[10:54] {Threei} sorry, wrong window
[10:58] {peterg} velcro
[10:59] {esemde} nice dino.....cybx
[10:59] {dino} cybx stop to b/e
[11:02] {dino} snps stopped +.05
[11:04] {Onix} UAUA & USO now in kahoots?
[11:04] {Threei} relation certainly is not what it used to be
[11:04] {Threei} that's why I backed off
[11:04] {Onix} moving together and not opposite?
[11:05] {esemde} out ctxs .92 -.10....definately not doing what i want
[11:07] {esemde} how long will you let cybx run dino?
[11:11] {dino} just stopped at .89, +.28, wanted it to get thru .00, but no go
[11:12] {dino} will watch it
[11:12] {dino} stingy w/this market
[11:12] {dino} but it's working very well
[11:12] {dino} damn there she goes
[11:13] {esemde} are you going to buy a break of 23
[11:13] {esemde} just noticed it
[11:13] {dino} bcsi
[11:13] {dino} no
[11:13] {dino} s bcsi .50 sm, stop .83
[11:14] {dino} i will re-load cybx around 22.40, if she goes there
[11:15] {dino} watching ndsn, cedc for fast drops and bounce
[11:15] {Threei}
Short Setup:
0,4 FNM .39
[11:16] {Threei} if stays below .50
[11:16] {Threei} two stop levels, .51 and .61
[11:16] {Threei} both are valid
[11:21] {Onix} ss FNM valid again under .50?
[11:22] {Threei} hard to tell... needs a bit of new consolidation
[11:22] {dino} besn
[11:34] {dino} bcsi bstop to .43
[11:36] {dino} to .30
[11:36] {dino} cov +.20
[11:37] {Threei} nice one
[11:37] {dino} ty
[11:54] {Threei} (USA) US IS REPORTEDLY DEEPLY CONCERNED REGARDING PLANNED RUSSIAN WEAPONS SALES TO SYRIA
[11:59] {Threei} what's urkel?
[12:02] {dino} cedc sm l .00, stop lod
[12:02] {dino} no make stop .72
[12:05] {hawkfan4} Urkel was the star of Family Matters
[12:05] {peterg} urkel--the sound my car made when it died
[12:05] {peterg} a dish from northern kyrgystan
[12:06] {dino} lol
[12:06] {dino} you can tell it's friday
[12:06] {peterg} im going out to lunch,, a big on at FOgo De Chao--all you can eat meat, good for five poiunds easy
[12:07] {dino} very nice
[12:07] {peterg} plus a long island ice tea
[12:07] {peterg} done for the day
[12:07] {dino} and fits the akins diet
[12:07] {peterg} meat meat and more meat
[12:07] {dino} have fun peter
[12:07] {hawkfan4} lol, enjoy
[12:07] {dino} hillshire farms......"go meat"
[12:07] {peterg} gracias, u 2
[12:08] {peterg} have fun guys, make $$
[12:10] {dino} siren song ndsn
[12:11] {Threei} (RU) RUSSIA DEFENCE MINISTRY SAYS THEY HAVE COMPLETED FRENCH-BROKERED CEASEFIRE AGREEMENT, TROOPS HAVE PULLED BACK TO SOUTH OSSETIA AS AGREED
[12:11] {Threei} - says Russian 'peacekeepers' remain posted in buffer zone outside of South Ossetia
[12:25] {dino} idsa drop
[12:25] {dino} thin
[12:34] {hawkfan4} kinda like USO over 95.40, stop 95.20, but market's pretty whippy
[12:34] {dino} v sm, v risky l ndsn .50
[12:41] {dino} stop is .17 fwiw
[12:59] {dino} i'm thinking, the only way to stop a stock that drops 17 points is to have magoo go long w/you. i wonder if he is trading from somewhere else
[12:59] {Threei} lol
[13:02] {dino} idsa getting gappy
[13:09] {dino} cedc stop to .29
[13:13] {dino} out cedc +.27 slip
[13:16] {dino} v sm idsa l .30
[13:17] {dino} brb
[13:41] {Threei} NY FED: MAKING SMALL ADJUSTMENTS TO DAILY SECURITIES LENDING PROGRAM
[13:41] {Threei} as in?
[13:41] {Threei} banning magoo from borrowing another 12B and stashing them in Swiss bank account?
[13:41] {Threei} I suppose that's why he he is off today... taking care of the matter
[13:48] {dino} yes
[13:48] {dino} most likely you'll see the uptick rule back, imo
[13:50] {Threei} that'll be stupid of them but whatever
[13:51] {Threei} they canned it when, about couple years ago?
[13:51] {Threei} never saw it impacting market direction
[13:51] {dino} last summer i think
[13:51] {Threei} a year then
[13:52] {Threei} and we had some stunning rallies, even thoughshorting became easier
[13:52] {Threei} it's unlimited naked shorting they should be concerned about IMO
[13:52] {Threei} as long as borrowing rules are observed, no reason for concern
[13:53] {Threei} oil another drop
[13:55] {dino} i don't know 3i, perhaps you should let the naked people short, what do cloths have to do w/stocks
[13:55] {dino} those nudist retreats will be hit hard
[13:55] {Threei} you actually make a very good sense
[13:56] {Threei} (as long as they, naked shorters, don't have webcams and I am not forced to watch
[13:57] {Chaeron} isn't it everyone that would see YOU should be scared?
[13:57] {dino} lol
[13:57] {Threei} that too
[13:57] {Threei} NY FED: WILL NOW REPORTEDLY ONLY ACCEPT SECURITIES WITH 13 OR MORE DAYS OF REMAINING MATURITY (VS. PRIOR OF 6 DAYS OR MORE) FOR DAILY SECURITIES LENDING PROGRAM
[13:57] {Threei} - Effective Aug 25
[13:58] {Threei} US TREASURY REPORTEDLY FEELS ANY BACKSTOP EFFORT FOR THE GSES SHOULD AIM TO MAINTAIN SHAREHOLDER OWNED STATUS AS PRIVATE ENTERPRISES - UNCONFIRMED REPORT
[13:58] {Threei} {FRE FNM}
[13:59] {Threei} WHITE HOUSE: PRES. BUSH AND FRANCE PRES. SARKOZY SAY RUSSIA IS NOT MEETING ITS WITHDRAWAL COMMITMENTS AND STATE IT MUST DO SO NOW
[14:00] {dino} you forgot the word "new" on the fre fnm statement. the current will be wiped out
[14:00] {Threei} I am just copy/pasting :)
[14:00] {dino} i am just funnin'
[14:01] {Threei} I know :)
[14:02] {dino} ndsn stopped -.33
[14:07] {fernp} see you all on Monday. Have a nice weekend.
[14:08] {dino} bcsi sm s .81, stop .13
[14:09] {dino} idsa stop to .44
[14:21] {Threei} what a difference a day makes
[14:21] {Threei} just what has changed with oil today vs yesterday? :)
[14:21] {Threei} I'll challenge anyone who believes every move has fundamental reasons under it to explain this to me
[14:23] {dino} i agree, the efficient market is b.s.
[14:27] {dino} ofix
[14:29] {Threei} OK{ what's killing oil??
[14:29] {Threei} not that I mind
[14:29] {dino} idsa to .50
[14:29] {Threei} but I am curious
[14:31] {patience} my theory is another financial institution is unwinding positions
[14:31] {dino} i suppose it has something to do w/fish markets
[14:31] {dino} patience you are probably correct, someone leaning the wrong way
[14:32] {dino} idsa to .60
[14:38] {dino} to .75
[14:43] {dino} to .85
[14:46] {dino} bcsi bstop to .60
[14:46] {dino} cov +.20 bcsi
[14:47] {dino} spiked into me
[14:48] {dino} oh mannnnn right thru me, idsa stopped .70 +.40
[14:49] {dino} i had 3 major slips today
[14:49] {patience} it's friday dino, time for the beer fridge
[14:50] {dino} i would, but hate tob drink alone.
[14:54] {Chaeron} your typing shows otherwise dino :)
[14:58] {hawkfan4} in FNM w/stop .74, super risky
[14:59] {esemde} Vad ...have a very important question for you....do you know of anyone out your way who sell dilling cucumbers?
[14:59] {dino} chaer hits me below the belt, ouch
[15:00] {dino} idsa sm l .00
[15:04] {Threei} hmmm
[15:05] {Threei} never looked really
[15:05] {esemde} tks....coming out your way to look for some...
[15:06] {dino} ofix sm s .30
[15:27] {dino} kind of tough getting put of idsa
[15:28] {Threei} very much feels like oil is readcy to break down once again
[15:37] {esemde} have a great weekend all
[15:37] {dino} cya es
[15:38] {Threei} take care ese :)
[15:39] {peterg} just got back from long meat drunk lunch in time to say gdbye again
[15:40] {Threei} lol
[15:41] {peterg} cuall monday
[15:41] {Threei} have a good weekend peter
[15:41] {peterg} thks u2 vad
[15:42] {peterg} driving daughter to madison WI for 2nd yr colege sob
[15:42] {dino} have fun peter
[15:42] {peterg} thks dino
[15:42] {peterg} id like to make some money next week, K?
[15:43] {peterg} and hve fun
[15:43] {dino} sure, no problem mon
[15:43] {peterg} big spliffs in jamacica
[15:43] {Threei} what was wrong with this week??
[15:43] {peterg} for me, to slow to act, to soon out
[15:43] {Threei} ugh
[15:43] {peterg} prbly normal learning curve for slow learner
[15:43] {Threei} sorry
[15:43] {Threei} every day was profitable
[15:44] {Threei} well, more to come
[15:44] {Threei} stay tunned
[15:44] {peterg} oh yeah
[15:44] {peterg} !!
[15:44] {dino} 2 up days out of two for me
[15:44] {Threei} yeah, dino came back swinging
[15:44] {peterg} is he a, like, swinger?
[15:44] {Threei} 5 put of 5 for me
[15:45] {peterg} xlnt
[15:45] {dino} no
[15:45] {peterg} kdg
[15:45] {Threei} is it that dragon thingy?
[15:45] {dino} at the risk of jinxing myself, my last down dayu was july 17
[15:45] {Threei} skipping vowels?
[15:45] {peterg} again+agn
[15:45] {dino} but i have had two vacations in between
[15:45] {peterg} fasttalk
[15:46] {Onix} he is doing puts & calls now?
[15:46] {peterg} no not dragon, typing
[15:46] {Threei} there you go... dino found the Holy Grail of trading
[15:46] {Threei} put your losing dayus on vacation time
[15:46] {Threei} effectively erasing them
[15:46] {dino} seems to work, lol
[15:46] {Threei} and leave your winning days for actual trading time
[15:46] {peterg} listened to day tune-up with beautiful voice woman--does she make house calls?
[15:47] {peterg} She admires me nd wants me to succeed!
[15:47] {dino} ahhh
[15:47] {Threei} NBER'S FELDSTEIN: SEES ADDITIONAL 15% DOWNSIDE IN HOUSING MARKET, PERHAPS MORE - CNBC
[15:47] {peterg} that's the one, with the breathing
[15:47] {dino} lol
[15:48] {peterg} k , off to pack c u monday
[15:48] {Threei} take care peter
[15:57] {dptl} whuuu......no loosing days this week...nothing spectacular..but....have a good weekend all:)
[15:57] {Threei} wooohooo
[15:57] {Threei} Ok guys
[15:57] {Threei} thank you all
[15:58] {Threei} have a great weekend, see you on Monda
[15:58] {Onix} thanks Vad & all trust you will have a great weekend, bye
Friday, August 22, 2008
Thursday, August 21, 2008
Aug 21 2008
Session Time: Thu Aug 21 00:00:00 2008
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 432K V 440KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.36MM V 3.405ME
[08:30] {Threei} - Initial Jobless Claims revised from 450K to 445K
[08:30] {Threei} - Continuing Claims revised from 3.417M to 3.38M
[08:39] {Threei} (RU) RUSSIA IS REPORTEDLY LOOKING TO SUPPLY MORE DEFENSIVE ARMS TO SYRIA - UNCONFIRMED REPORT
[08:39] {Threei} - Foreign Min Lavrov says that Russia will continue to relationship with NATO, however its up to NATO to maintain relationship
[08:43] {hawkfan4} good morning
[08:43] {Threei} hawk :)
[08:48] {hawkfan4} took UAUA short at the close at 12.33, then chickened out and covered in the after hours at 12.40 :(
[08:49] {brian3579} gm
[08:49] {Threei} tough to hold overnight in this volatility and extremes sensitivity to news and jawboning
[08:49] {Threei} brian :)
[08:50] {Threei} same here with FNM... strongly feel that short should work on it till the bitter end... but overnight is scary
[08:51] {hawkfan4} yep. I figured that the daytrading has been great, so why risk it
[08:51] {Threei} exactly
[08:51] {Threei} one unlucky hold can wipe out month's gains
[08:51] {patience} good morning guys :)
[08:51] {Threei} patience :)
[08:53] {Onix} gm all
[08:53] {Threei} Onix :)
[08:54] {tomg} gm all
[08:54] {Threei} tom :)
[08:55] {Onix} Vad, which news source do you use?
[08:55] {Threei} Trade The News
[08:56] {Onix} tnx
[09:02] {hawkfan4} geesh, oil gone wild
[09:02] {Threei} yeah... disgusting smelly substance
[09:08] {Threei} took a little UAUA for scalp, stop under .20
[09:09] {hawkfan4} hmm, so if i cover my short from .40, that would help you out :)
[09:10] {dino} gm all
[09:10] {fernp} Good morning all
[09:10] {Threei} dino!
[09:10] {dino} lol
[09:10] {Threei} welcome back
[09:10] {Threei} fern :)
[09:11] {Threei} new high USO
[09:12] {Threei} out flat UAUA
[09:12] {Threei} you are free to profit without hurting me, hawk :)
[09:12] {hawkfan4} whew :)
[09:15] {magoo} morning
[09:15] {Threei} magoo :)
[09:15] {Threei} dino, how was the vacation?
[09:16] {magoo} trouble with our internetthis morno
[09:17] {esemde} GM.....
[09:17] {Threei} ese :)
[09:17] {esemde} hey Vad
[09:17] {dino} you guys do ok while i was away?
[09:18] {esemde} Watched a classic movie last night.....The great Escape
[09:18] {esemde} dino!!!!
[09:18] {dino} es!
[09:18] {esemde} i've been doing Ok
[09:19] {esemde} my usual 1 or 2 trades per day
[09:19] {esemde} missed your bradvado dino....
[09:19] {esemde} bravado
[09:19] {hawkfan4} this week has been great so far, last week was good
[09:25] {dptl} good morning all
[09:26] {Threei} dp :)
[09:26] {hawkfan4} 2/3 out UAUA + .34
[09:27] {dino} grrrr dsl issues
[09:27] {Threei} nice one hawk
[09:27] {magoo} we are having rough internet day
[09:28] {magoo} bumped out ahain
[09:28] {Threei} I should have switched to short too
[09:28] {hawkfan4} thx :) . Thinking headed 10-10.50
[09:28] {Threei} if oil continues, why not
[09:29] {GeoArb} gm
[09:29] {Threei} Geo :)
[09:31] {hawkfan4} out rest +.80
[09:31] {Threei} wtg
[09:31] {Threei} bounce time it seems
[09:34] {dino} gj hawk
[09:34] {hawkfan4} thx dino :)
[09:35] {esemde} gj hawk..
[09:35] {esemde} solf going nuts these days
[09:37] {Roman}
21 long JASO
[09:37] {Threei} if you went long UAUA around .50, take scalp here
[09:38] {Roman}
21 18.11, 1/2
[09:38] {judijim} good morning all
[09:38] {Threei} jj :)
[09:38] {dino} chk sm l .28
[09:39] {magoo} u gotta make a better call than that vad:)
[09:39] {Threei} that wasn't a call
[09:39] {GeoArb} yeah calls come with colored lights now :)
[09:39] {GeoArb} (hint for vad)
[09:39] {magoo} thanx to who lol
[09:41] {magoo} SOLF sheesh
[09:42] {peterg} mrng
[09:42] {peterg} probly gd
[09:42] {Threei} peter :)
[09:43] {Threei}
Short Setup:
0,4 FNM 4.09 if stays under 4.20
[09:44] {esemde} thinkin the same thing mags...
[09:45] {esemde} worth watching for a few weeks and getting in on a dip
[09:45] {magoo} wish it was avail short
[09:46] {GeoArb} yup not available
[09:47] {dino} snps
[09:47] {Threei} PTEN
[09:47] {GeoArb} hey dino
[09:47] {Threei}
Long Setup:
0,3 PTEN .50 half lot
[09:47] {Threei} if stays above .35
[09:49] {dino} gm geo
[09:49] {magoo} in .49
[09:49] {esemde} .48
[09:49] {esemde} 1/2 lot
[09:49] {magoo} really choppy naz
[09:50] {Onix} In @ .50
[09:50] {dino} snps sm l .80, stop .43
[09:51] {Onix} stop for PTEN?
[09:51] {Threei} [09:47] {Threei} if stays above .35
[09:51] {Threei} stopped
[09:52] {GeoArb} y
[09:53] {esemde} stopped....
[09:54] {tomg} plce on pb?
[09:54] {magoo} stopped
[09:55] {Threei} can't tell tom
[09:55] {Threei} too volatile
[09:56] {Threei} jumpy spread
[09:56] {tomg} ty
[09:56] {Roman}
21 long crox
[09:56] {Roman}
21 full 4.35
[09:57] {Roman}
21 long PTEN .05
[09:59] {GeoArb} wow stp
[10:00] {Threei} JULY LEADING INDICATORS: -0.7% V -0.2%E
[10:00] {Threei} AUG PHILADELPHIA FED INDEX: -12.7 V -12.6E
[10:00] {Threei} - Prices Paid: 57.5 v 75.6 prior (highest since March 1980)
[10:01] {dino} chk stopped -.30\
[10:02] {Threei} - New Orders: -11.9 v -12.1 prior
[10:02] {Threei} - Employment: -1.1 v -7.3 prior
[10:02] {Threei} - Inventories: -6.6 v -7.5 prior
[10:02] {Threei} - Six-month business conditions outlook: 27.6 v 18.0 prior
[10:03] {dino} crm
[10:03] {dino} snps stop to .35
[10:04] {dino} to .44
[10:05] {dino} to .64
[10:06] {dino} tecd
[10:06] {dino} out snps .64, +.84
[10:09] {dino} sm risky, l cme .00
[10:09] {dino} noooo, crm
[10:09] {dino} i mean
[10:11] {dino} isys drop
[10:11] {Threei}
Long Setup:
0,3 LEH .31 if stays above .20
[10:12] {dino} crm stopped -.36
[10:13] {GeoArb} in stp on pullback
[10:14] {GeoArb} drq
[10:14] {GeoArb} oops sorry
[10:15] {dino} isys sm l .95, clunky, carefu;
[10:15] {GeoArb} hmm out too early on stp
[10:17] {dino} crm last try l off of .00 if it gets there
[10:18] {magoo} in leh
[10:22] {Threei}
Short Setup:
0,4 UAUA .78 if stays under .85
[10:22] {GeoArb} wow i cant short uaua
[10:23] {magoo} sh uayua
[10:24] {Threei} over 1:1
[10:24] {magoo} out leh flat..was wait .53, midssed exit
[10:25] {GeoArb} anyone took stp?
[10:29] {magoo} die UAUA DDDDDDDDDDIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEE
[10:29] {GeoArb} you really dont like flying do you ?
[10:30] {Threei} {UAUA} you don't like me... :(
[10:30] {Onix} is UAUA still avalid short, I am not in yet?
[10:30] {magoo} hate flying
[10:30] {GeoArb} to me the chart looks up
[10:30] {magoo} hate airports
[10:30] {GeoArb} has become JBE no? vad?
[10:30] {Threei} .85 is invalidating level, Onix
[10:31] {Threei} geo,it's not a play on its own merits
[10:31] {magoo} its rolling over
[10:31] {GeoArb} oil rising
[10:31] {Threei} it's an oil inverse follower
[10:31] {Onix} ty
[10:31] {GeoArb} yup
[10:31] {Threei} oil's up, market's down, airline's down is the concept
[10:31] {Threei} 1:2
[10:31] {GeoArb} wondering if this is worth calling the broker for short permissioning..... i guess it was
[10:32] {Onix} understand now
[10:34] {GeoArb} so i called the broker and they permissioned me for 100k shares short.....lol who do they think i am?
[10:35] {Threei} lol
[10:35] {GeoArb} ill be jittery on 500 shares
[10:41] {dino} out crm .40, +.40
[10:41] {Threei} 1:3
[10:42] {Threei} out in full
[10:43] {Threei} Geo, cover your 100K, will ya?
[10:43] {GeoArb} yeah
[10:44] {GeoArb} i didnt get in thinking i was late
[10:44] {Threei} just let me know before hitting buy, I'll go long for a scalp {G}
[10:44] {GeoArb} repenting on sidelines
[10:44] {Threei} it bounced right into entry point
[10:44] {Threei} gave second chance
[10:44] {GeoArb} :(
[10:48] {Threei} too soon on UAUA eh
[10:48] {Threei} anyone took?
[10:48] {hawkfan4} still in :)
[10:48] {magoo} i still short
[10:48] {GeoArb} way to go guys
[10:48] {Threei} sheesh you guys are petient
[10:49] {Threei} patient too
[10:49] {GeoArb} i live vicariously through you
[10:49] {Onix} ty Vad got 31c
[10:49] {Threei} good job Onix
[10:49] {magoo} ok cover here .33 TY vad
[10:49] {GeoArb} my only good trade today stp......
[10:49] {GeoArb} paid well though
[10:50] {magoo} uh, .77 minus ,33 equals um uh ??
[10:50] {magoo} carry the 3
[10:50] {GeoArb} 44?
[10:50] {Threei} lol
[10:51] {GeoArb} maaan oil
[10:51] {Threei} you make my life too complicated mags
[10:51] {hawkfan4} oil insane
[10:51] {hawkfan4} +6.30
[10:51] {GeoArb} phew
[10:51] {GeoArb} for a second there i though that was hawk's UAUA exit
[10:52] {Threei} I guess I need to take a break and go fill my tank before gas went to $5 a litre
[10:52] {hawkfan4} lol, no, but i did just partial at .31
[10:52] {GeoArb} uaua hovering at yes low
[10:53] {Threei} PENTAGON REITERATES WHITE HOUSE STATEMENTS THAT THE PACE OF RUSSIAN TROOP WITHDRAWAL IS 'MINIMAL'
[10:53] {Threei} - Note White House yesterday called for the Russians to pick up the pace in their departure from Georgia
[10:53] {Threei} minimal pace of withdrawal
[10:53] {GeoArb} i dont think there is going to be one
[10:53] {Threei} may I offer a wording:
[10:54] {Threei} negative pace of withdrawal, means actually adding troops
[10:54] {Threei} boy, I would be good spin doctor at PR
[10:55] {GeoArb} they are just "pacifying" he region
[10:55] {dino} you would think oil would rocket up on this
[10:58] {GeoArb} hmmm what happenned?
[10:58] {Threei} with what?
[10:58] {GeoArb} sudden es spike
[10:59] {dino} sm l cmed .60
[11:00] {magoo} es got a spike haircut??
[11:00] {GeoArb} :)
[11:00] {dino} nice es
[11:04] {magoo} l aapl sm .49
[11:05] {Onix} advice on SMTC please?
[11:07] {dino} dk
[11:08] {magoo} out aapl
[11:08] {magoo} no work
[11:08] {hawkfan4} USO looking higher
[11:11] {Threei} .50 will probably worth a try Onix
[11:11] {Threei} if stays above .40
[11:11] {Onix} ty
[11:13] {dino} cmed stopped -.30
[11:13] {Onix} in SMTC @ 15.52
[11:14] {Threei} IRAQI OIL MIN: MORE CRUDE ON MARKET THAN DEMAND
[11:17] {Threei} feeling at the moment is,
[11:17] {Threei} USO is going to break down through 98 and drop
[11:17] {Threei} if materializes, UAUA should post nice long off .50 break or so
[11:17] {magoo} oih short
[11:18] {magoo} l aapl .35 small risky
[11:19] {Threei} 98 broken
[11:19] {Threei} drop now, you slimy substance
[11:20] {magoo} in .46 100k shares
[11:20] {Threei} lol
[11:21] {magoo} out .48
[11:21] {magoo} how much i make??
[11:21] {Chaeron} 2000
06[11:21] * Chaeron slaps magoo around a bit with a large trout
[11:21] {magoo} :)
[11:21] {GeoArb} shouldnt the broker permission shorts based on account size?
[11:21] {GeoArb} wierd
[11:21] {magoo} laserdave limits my share size in bear now because of plays like that lol
[11:22] {GeoArb} lol
[11:22] {Threei} here we go
[11:22] {magoo} i am in .46
[11:23] {peterg} long uaua?
[11:23] {magoo} yres
[11:23] {Onix} in UAUA @ 11.50
[11:23] {dino} sm l pcln .13
[11:25] {dino} crm sm l .52
[11:25] {magoo} mkt should pop up on this oil
[11:25] {Threei} partial magoo
[11:26] {magoo} nmope
[11:26] {GeoArb} he said no and he is moping
[11:27] {Threei} partial magoo
[11:28] {magoo} no
[11:28] {Threei} don't make me beg
[11:28] {dino} sort of like a mog, half man half dog
[11:28] {GeoArb} how about us commoners?
[11:28] {Threei} rofl
[11:28] {GeoArb} all out.....
[11:28] {dino} spaceballs
[11:28] {GeoArb} 19 cents
[11:28] {GeoArb} thanks vad
[11:28] {Threei} welcome sir
[11:28] {GeoArb} erased mu previous uaua hurt
[11:29] {Threei} hurt as in not taking short?
[11:29] {GeoArb} heheh yeah
[11:29] {GeoArb} not making money is money lost no?
[11:29] {Threei} in a way...
[11:29] {magoo} out .74 TY vad
[11:30] {Threei} whew
[11:30] {Threei} welcome
[11:30] {Threei} Onix?
[11:30] {magoo} out AAPL .87
[11:30] {magoo} up good
[11:30] {Onix} got .24c in UAUA thanks Vad
[11:30] {GeoArb} 36 cents
[11:30] {GeoArb} nice magoo
[11:30] {magoo} [11:18] {magoo} l aapl .35 small risky
[11:30] {Threei} okay... peter?
[11:30] {GeoArb} i meant UAUA
[11:31] {hawkfan4} beauty call vad
[11:31] {Threei} ty
[11:31] {Threei} mostly, thank you for incerting word "call"
[11:31] {GeoArb} he has the baked alaska
[11:31] {GeoArb} wat call?
[11:32] {GeoArb} i didnt see the freen light
[11:32] {GeoArb} g
[11:32] {hawkfan4} yes, if i said "bod", you should be worried
[11:32] {GeoArb} ewww
[11:32] {Chaeron} thanks Vad... got .18 on UAUA
[11:32] {Threei} Chaeron :)
[11:33] {Threei} this must be one of the most obedient stocks in a long long while
[11:33] {GeoArb} jinxed
[11:34] {Threei} OPEC SHIPMENTS EXPECTED + 200K BPD TO 24.82M BPD IN 4 WEEKS TO SEPT 6 - TANKER TRACKER
[11:34] {Threei} - Note these figures are for OPEC without the inclusion of Angola and Ecuador{USO}
[11:36] {Threei} watching LEH for long
[11:36] {Threei} oil another drop, market move up and LEH being close to 13 support is idea of trade
[11:38] {magoo} u are confusing me...just call it with color freen
[11:38] {Threei} can't
[11:38] {GeoArb} oooooh
[11:38] {Threei} not a technical play, no exact levels
[11:39] {magoo} what u talkin bout willis??
[11:39] {Threei} lol
[11:40] {Threei} consider it a conceptual play:
[11:40] {Threei} if this and this event happen, then this reaction should follow,
[11:40] {Threei} if you get a delay between triggering event and reaction, use it for entry
[11:40] {GeoArb} one and two happenned
[11:40] {peterg} what is mark
[11:41] {peterg} et move up indicator
[11:41] {peterg} ?
[11:41] {Threei} hmm?
[11:41] {peterg} what is market up indicator
[11:41] {dino} pcln stopped -.23
[11:41] {peterg} Dow? rUSSEL?
[11:41] {GeoArb} oops missed third
[11:42] {Threei} I prefer NASDAQ... Dow will do too
[11:42] {GeoArb} why not es?
[11:42] {peterg} tks
[11:42] {Threei} ES is Dow in a form of futures, no?
[11:42] {GeoArb} sp vad
[11:42] {Threei} ugh
[11:42] {Threei} lol
[11:42] {GeoArb} comeone vad dont pull leg
[11:42] {GeoArb} ym=dow
[11:42] {magoo} here comes AAPL
[11:43] {Threei} YM is minis
[11:43] {GeoArb} of course
[11:43] {Threei} in short, asny of those will do
[11:43] {Threei} I have better feel for NQ
[11:43] {GeoArb} aayone take the conceptual leh play?
[11:43] {GeoArb} it was very well reasoned.....
[11:44] {magoo} im still looking that word up in pictionary
[11:44] {Threei} I guess common admiration by reasoning distracted everyone from actual antry {GGG}
[11:44] {GeoArb} lol
[11:44] {Threei} and mags
[11:44] {Threei} pictionary?
[11:45] {Threei} no wonder you can't find the word
[11:45] {magoo} yeah, i bought dictionary for dummys..has pictures alongside words
[11:45] {Threei} OK, attempt to envision a picture illustrating word "cenceptual" makes me dizzy
[11:46] {dptl} grabbed +.10 leh ty
[11:46] {Threei} scalpers can take LEH profit here
[11:46] {magoo} hence my problem
[11:46] {Threei} dp :)
[11:46] {GeoArb} dptl doee
[11:46] {GeoArb} geoarb {= talker
[11:46] {GeoArb} doer
[11:47] {dino} fwrd sm l .53
[11:47] {magoo} dewars?
[11:49] {dino} crm stop to .92
[11:50] {magoo} this mkts green or my nickname ain't mags
[11:50] {magoo} going freen i mean
[11:50] {magoo} freen=green
[11:50] {GeoArb} ok vad.... i gotta stop socializing here.... and only press buy sell keys
06[11:50] * magoo slaps Threei around a bit with a large trout
[11:50] {magoo} warming up
[11:50] {Threei} walking and chewing gum at the same time presents a peroblem?
[11:51] {dino} out crm +.40
[11:51] {GeoArb} yup
[11:51] {Threei} then chewing gum should take prirority
[11:51] {Threei} and you know what you are to do when run out of gum
[11:52] {magoo} slkap someone?
[11:52] {Threei} "I came to chew gum and kick a$$es... and I am out of gum"
[11:52] {dino} feeling down to me magoo
[11:52] {Threei} nice UAUA drop
[11:53] {Threei} if only oil reverses down again, will be good scalp
[11:54] {Threei} in
[11:54] {Threei} .44 stop
[11:55] {Threei} got .52
[11:55] {magoo} iun .57
[11:55] {Threei} losing 98 would be very nice of USO
[11:56] {Threei} and most likely would send it down for real
[11:57] {Threei} on the other side of the range, over .30 will render downside is not likely for a while
[11:57] {Threei} comeon, drop
[11:59] {Onix} in UAUA @ .51
[12:00] {Threei} perfect entry
[12:00] {Onix} ty
[12:03] {Chaeron} I got .50... but I don't like to brag
[12:03] {GeoArb} lol
[12:04] {Threei} why?
[12:04] {Threei} it's pleasant
[12:04] {Threei} earns you sincere hatred of many
[12:04] {Threei} which adds to a pleasure
[12:04] {hawkfan4} ok, i got .49
[12:04] {Threei} lol
[12:04] {Threei} here comes oil drop
[12:05] {GeoArb} i have never met anyone who has insincere hatred
[12:05] {Threei} predicted by me a few lines above (trying to brag too)
[12:08] {dino} alxn
[12:09] {GeoArb} oil rising?
[12:09] {Threei} just a little bounce
[12:09] {dino} no time for bouncy bouncy
[12:10] {Threei} IMO, going to lose 97.50
[12:11] {Chaeron} now you tell me
[12:11] {Onix} what means IMO?
[12:11] {Chaeron} In My Opinion
[12:11] {Onix} ty
[12:12] {GeoArb} above 1:1 no?
[12:12] {Threei} yup
[12:12] {Chaeron} IMHO means In My Humble Opinion.... not stock symbols
[12:12] {Threei} but I usually skip H for understandable reason
[12:12] {Chaeron} IMSAO
[12:12] {Chaeron} (Smart Ass Opinion) :)
06[12:13] * magoo slaps Chaeron around a bit with a large trout
[12:13] {Chaeron} I deserved that
[12:13] {GeoArb} took half off... gotta take kids to school
[12:13] {Threei} sharp red bar is coming on USO
[12:13] {Threei} ICHO
[12:13] {hawkfan4} agree, would love to see it back to 96
[12:14] {Threei} In Chaeron's Humble Opinion
[12:14] {Chaeron} heh
[12:14] {dino} alxn sm l .50 wide
[12:14] {hawkfan4} lol, was just getting ready to type ICHO into esignal
[12:15] {Threei} don't
[12:15] {Threei} it will show his picture
[12:15] {Threei} and you will be scarred for life
[12:15] {hawkfan4} hee :)
[12:15] {GeoArb} off to school guys good trading
[12:15] {Chaeron} true
[12:15] {Threei} :)
[12:15] {Threei} take care Geo
[12:15] {hawkfan4} cya geo
[12:15] {GeoArb} good first half thanks vad
[12:15] {magoo} GEO WAIT
06[12:15] * magoo slaps GeoArb around a bit with a large trout
[12:15] {GeoArb} (trout)
[12:16] {GeoArb} freeeeen
[12:16] {GeoArb} bye
[12:16] {dino} cya geo
[12:16] {Threei} come on USO, sharp red into .50
06[12:18] * Threei takes a bow
[12:18] {hawkfan4} well deserved
[12:18] {Threei} {dptl} how do you do that??
[12:19] {dptl} :)
[12:19] {hawkfan4} short qid .36, stop .45
[12:19] {magoo} vad, u ever see movie animal house?
[12:19] {Threei} now little bounce and dive under .50
[12:19] {Threei} no
[12:20] {hawkfan4} partial UAUA +.25
[12:20] {Threei} why mags?
[12:21] {Threei} little bounce is done
[12:21] {Threei} and now under .50
[12:21] {Threei} sh*t, I am good
[12:21] {hawkfan4} lol
[12:22] {Threei} :)
[12:22] {magoo} when u took bow, in movie they paddle your butt
[12:22] {Threei} animals... what can I say
[12:25] {dino} crm lod
[12:25] {hawkfan4} stopped qid -.10
[12:28] {dino} crm l sm off of .00 if it gets there
[12:41] {Threei} IRAQ OIL MIN: TARGETING 4.5M BPD OF OIL PRODUCTION IN 2012
[12:41] {Threei} - current production is about 2.5M bpd{USO}
[12:57] {magoo} .
[12:58] {magoo} ..
[12:58] {hawkfan4} ._.
[12:59] {Chaeron} hey... cut that out... I gotta sweep up after market close
[12:59] {hawkfan4} lol
[13:00] {dino} osip drop
06[13:00] * Threei slaps laserdave1 around a bit with a large trout
06[13:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps Chaeron around a bit with a large trout
06[13:01] * magoo slaps Threei around a bit with a large trout
[13:19] {GeoArb} back
[13:19] {GeoArb} are we in a position?
[13:19] {Threei} you left?
[13:20] {GeoArb} only in body
[13:20] {Threei} ah.. I must have sensed your spirit presence
[13:20] {judijim} take care everyone, Judi's off to psychology biz
[13:20] {Threei} take care jj :)
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
[13:22] {magoo} wha i do lol
[13:23] {Threei} what didn't you do
[13:23] {Chaeron} name it
[13:23] {Chaeron} lol
[13:23] {Threei} aside of burning down Pompei
[13:23] {Threei} and even that only because it was down before you
[13:23] {magoo} it was troy..get it right
[13:23] {dino} vad, how was the cruise?
[13:23] {Chaeron} I'm pretty sure he had a hand in that too Vad... somehow....
[13:24] {Threei} inkredible
[13:24] {Threei} magnificent place
[13:24] {Threei} tours were just right, both train in Skagway and heli in Juneau
[13:24] {dino} it is. i need to go again in a few years
[13:24] {dino} glad you enjoyed it
[13:25] {Threei} I so di... but sheesh,
[13:25] {Threei} this darn all-you-can-eat...
[13:25] {GeoArb} ya know vad
[13:25] {GeoArb} this is the 5th time you mentioned this
[13:25] {GeoArb} i wonder if you really disliked all you can eat?
[13:25] {Threei} just the opposite
[13:25] {Threei} I liked it too much
[13:25] {GeoArb} hehehe
[13:25] {dino} lol
[13:26] {dino} out crm .40, +.40
[13:28] {magoo} laser dcc
[13:30] {dino} alxn stop to b/e won't move
[13:31] {dino} sm l pacr .43, stop .13
[13:39] {dino} isys sm l .00
[13:40] {dino} fwrd stop to b/e
[13:40] {dino} risky, sm l crm .50 wide
[13:42] {dino} out alxn .93, +.43
[13:44] {magoo} vad, what u stalking boog guy
[13:46] {GeoArb} booooog
[13:46] {GeoArb} (finally found something as a counter to freen)
[13:48] {dino} i miss 4 dats and i can't figure out the "new" language
[13:48] {Threei} remember that red dot on a wall from yesterday?
[13:48] {GeoArb} ok vad wins
[13:48] {Threei} it reappeared
[13:48] {dino} whats boog, freen, etc
[13:48] {GeoArb} boog=big
[13:48] {GeoArb} freen=green
[13:48] {GeoArb} basic typos dino
[13:48] {GeoArb} we are still the same
[13:49] {dino} ahhhh
[13:49] {dino} thought maybe a conspiracy
[13:50] {dino} out fwrd +.06
[13:51] {dino} isys stop to .35
[13:53] {dino} to .40
[13:54] {magoo} 2 pm smackdown anyone??
[13:54] {hawkfan4} solf anhialated
[13:55] {dino} ouch
[13:55] {hawkfan4} short from 20.29 :)
[13:55] {magoo} may bounce..careful not in it
[13:55] {hawkfan4} out. stole your idea mags, thanks
[13:56] {magoo} u dog, er,um bird
[13:57] {dino} crm stop to .45 to whippy
[13:57] {dino} wtg hawk
[13:57] {dino} you bird of prey you
[13:58] {hawkfan4} thanks, lucky one, but i'll take it
[13:59] {dino} isys to .45 stingy w/it
[13:59] {dino} out crm .45, -.05
[14:00] {dino} you know my feelings on luck hawk
[14:01] {hawkfan4} yes i do
[14:01] {dino} pacr stop to .49
[14:02] {dino} out isys .44, +.44
[14:05] {dino} pacr to .58
[14:08] {dino} to .65
[14:13] {dino} to .76
[14:16] {dino} out +.33
[14:16] {dino} brb
[14:17] {hawkfan4} nice job dino
[14:20] {magoo} vad, what u got??
[14:20] {dino} ty hawk
[14:20] {dino} trying to keep the streak alive
[14:26] {magoo} no smackdowen
[14:29] {Threei} too jerky mags
[14:29] {Threei} can't catch the rythm
[14:29] {Threei} oil sharp down, then sharp up
[14:29] {Threei} neither had much indication of coming
[14:35] {magoo} yeah, bumed i missed aapl run
[14:35] {dino} apwr drop
[14:35] {magoo} was stalking it 172 .70 area
[14:36] {magoo} oi thought mkt pullbk
[14:37] {peterg} theres always RIMM...................
[14:58] {magoo} dammit..now i missed my pullbk
[14:59] {Onix} now the sunshine woke me up here in Vancouver!
[15:00] {dptl} yeah,,,no kidng :)
[15:01] {Onix} never knows if it is going to be summer or winter here ... sunshime great for a change
[15:02] {Threei} whiners
[15:02] {Threei} 1 year in Winnipeg for ya all, my verdict
[15:02] {Onix} winers is more like it
[15:03] {dptl} :)
[15:03] {Threei} you'll return much more appreciative of Vancouver's climate
[15:04] {Onix} no kiddding! i actually just LOVE it here!
[15:04] {Threei} if you return that is
[15:07] {Threei} here is recipe for anyone who thinks he has a lot of problems
[15:07] {GeoArb} become a newfie?
[15:07] {Threei} if your shoe size is 41, for 1 week wear size 40
[15:07] {Threei} in a week take it off and tell me you are not happy
[15:08] {Onix} where did you receive your training again?
[15:08] {Threei} Al Bundy shoe store
[15:08] {Chaeron} lol
[15:08] {dptl} lol
[15:08] {GeoArb} vad's telling his chioldhood stories
[15:08] {Onix} i thopught it was with crox?
[15:09] {Threei} Crox... one thing I'll never understand :)
[15:10] {dino} rick rockin'
[15:11] {Onix} apparently quite comfortable shoes, but have not tried them myself
[15:13] {Threei} oil spiking looks like
[15:13] {Threei} watching UAUA for short
[15:18] {Threei} in .40
[15:18] {Threei} .51 stop
[15:18] {magoo} am i chasing here?
[15:18] {Threei} try to catch snapback
[15:18] {Threei} UAUA does them constantly
[15:20] {dino} calling it a day. over goal, so heading out early. thx all.
[15:20] {Threei} great to see you return in shape dino
[15:21] {Threei} was the case with me too
[15:21] {Threei} not every vacation it happens :)
[15:21] {dino} thx and good job. so far vacations been good to me this year
[15:22] {Threei} every vacation during which I don't fall over the board, don't get eaten by great white etc is good for me...
[15:22] {GeoArb} so i guess your wife failed
[15:22] {Threei} I was alert
[15:22] {GeoArb} :)
[15:22] {dino} lol. take care
[15:22] {Threei} never turned my back when on outer deck
[15:23] {Threei} and kept her pre-occupied by buying her some jewellery
[15:24] {Threei} shiny shiny things, you know...
[15:25] {GeoArb} :)
[15:31] {dptl} ok... gonna go enjoy a little bit of that sunshine in here.....have a good evening all :)
[15:31] {Threei} take care dp :)
[15:31] {magoo} c u dp
[15:38] {Onix} enjoy!
[15:41] {Onix} UAUA ever going to break down today?
[15:42] {Threei} USO is climbing
[15:44] {magoo} u still sh uaua?
[15:44] {Onix} opposites attract?
[15:44] {Onix} yes ss @11.34
[15:45] {Threei} covered half .29
[15:45] {magoo} i never got entry
[15:45] {Threei} trailed stop to .46
[15:55] {peterg} ok power rangers, see your tomorrow!
[15:56] {peterg} and you, too
[15:56] {Threei} take care peter
[15:57] {magoo} bye peterg
[15:58] {Onix} out with my 4c ty
[15:59] {Threei} don't spend it at once
[15:59] {Threei} and ot one place
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {magoo} ty vad
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 432K V 440KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.36MM V 3.405ME
[08:30] {Threei} - Initial Jobless Claims revised from 450K to 445K
[08:30] {Threei} - Continuing Claims revised from 3.417M to 3.38M
[08:39] {Threei} (RU) RUSSIA IS REPORTEDLY LOOKING TO SUPPLY MORE DEFENSIVE ARMS TO SYRIA - UNCONFIRMED REPORT
[08:39] {Threei} - Foreign Min Lavrov says that Russia will continue to relationship with NATO, however its up to NATO to maintain relationship
[08:43] {hawkfan4} good morning
[08:43] {Threei} hawk :)
[08:48] {hawkfan4} took UAUA short at the close at 12.33, then chickened out and covered in the after hours at 12.40 :(
[08:49] {brian3579} gm
[08:49] {Threei} tough to hold overnight in this volatility and extremes sensitivity to news and jawboning
[08:49] {Threei} brian :)
[08:50] {Threei} same here with FNM... strongly feel that short should work on it till the bitter end... but overnight is scary
[08:51] {hawkfan4} yep. I figured that the daytrading has been great, so why risk it
[08:51] {Threei} exactly
[08:51] {Threei} one unlucky hold can wipe out month's gains
[08:51] {patience} good morning guys :)
[08:51] {Threei} patience :)
[08:53] {Onix} gm all
[08:53] {Threei} Onix :)
[08:54] {tomg} gm all
[08:54] {Threei} tom :)
[08:55] {Onix} Vad, which news source do you use?
[08:55] {Threei} Trade The News
[08:56] {Onix} tnx
[09:02] {hawkfan4} geesh, oil gone wild
[09:02] {Threei} yeah... disgusting smelly substance
[09:08] {Threei} took a little UAUA for scalp, stop under .20
[09:09] {hawkfan4} hmm, so if i cover my short from .40, that would help you out :)
[09:10] {dino} gm all
[09:10] {fernp} Good morning all
[09:10] {Threei} dino!
[09:10] {dino} lol
[09:10] {Threei} welcome back
[09:10] {Threei} fern :)
[09:11] {Threei} new high USO
[09:12] {Threei} out flat UAUA
[09:12] {Threei} you are free to profit without hurting me, hawk :)
[09:12] {hawkfan4} whew :)
[09:15] {magoo} morning
[09:15] {Threei} magoo :)
[09:15] {Threei} dino, how was the vacation?
[09:16] {magoo} trouble with our internetthis morno
[09:17] {esemde} GM.....
[09:17] {Threei} ese :)
[09:17] {esemde} hey Vad
[09:17] {dino} you guys do ok while i was away?
[09:18] {esemde} Watched a classic movie last night.....The great Escape
[09:18] {esemde} dino!!!!
[09:18] {dino} es!
[09:18] {esemde} i've been doing Ok
[09:19] {esemde} my usual 1 or 2 trades per day
[09:19] {esemde} missed your bradvado dino....
[09:19] {esemde} bravado
[09:19] {hawkfan4} this week has been great so far, last week was good
[09:25] {dptl} good morning all
[09:26] {Threei} dp :)
[09:26] {hawkfan4} 2/3 out UAUA + .34
[09:27] {dino} grrrr dsl issues
[09:27] {Threei} nice one hawk
[09:27] {magoo} we are having rough internet day
[09:28] {magoo} bumped out ahain
[09:28] {Threei} I should have switched to short too
[09:28] {hawkfan4} thx :) . Thinking headed 10-10.50
[09:28] {Threei} if oil continues, why not
[09:29] {GeoArb} gm
[09:29] {Threei} Geo :)
[09:31] {hawkfan4} out rest +.80
[09:31] {Threei} wtg
[09:31] {Threei} bounce time it seems
[09:34] {dino} gj hawk
[09:34] {hawkfan4} thx dino :)
[09:35] {esemde} gj hawk..
[09:35] {esemde} solf going nuts these days
[09:37] {Roman}
21 long JASO
[09:37] {Threei} if you went long UAUA around .50, take scalp here
[09:38] {Roman}
21 18.11, 1/2
[09:38] {judijim} good morning all
[09:38] {Threei} jj :)
[09:38] {dino} chk sm l .28
[09:39] {magoo} u gotta make a better call than that vad:)
[09:39] {Threei} that wasn't a call
[09:39] {GeoArb} yeah calls come with colored lights now :)
[09:39] {GeoArb} (hint for vad)
[09:39] {magoo} thanx to who lol
[09:41] {magoo} SOLF sheesh
[09:42] {peterg} mrng
[09:42] {peterg} probly gd
[09:42] {Threei} peter :)
[09:43] {Threei}
Short Setup:
0,4 FNM 4.09 if stays under 4.20
[09:44] {esemde} thinkin the same thing mags...
[09:45] {esemde} worth watching for a few weeks and getting in on a dip
[09:45] {magoo} wish it was avail short
[09:46] {GeoArb} yup not available
[09:47] {dino} snps
[09:47] {Threei} PTEN
[09:47] {GeoArb} hey dino
[09:47] {Threei}
Long Setup:
0,3 PTEN .50 half lot
[09:47] {Threei} if stays above .35
[09:49] {dino} gm geo
[09:49] {magoo} in .49
[09:49] {esemde} .48
[09:49] {esemde} 1/2 lot
[09:49] {magoo} really choppy naz
[09:50] {Onix} In @ .50
[09:50] {dino} snps sm l .80, stop .43
[09:51] {Onix} stop for PTEN?
[09:51] {Threei} [09:47] {Threei} if stays above .35
[09:51] {Threei} stopped
[09:52] {GeoArb} y
[09:53] {esemde} stopped....
[09:54] {tomg} plce on pb?
[09:54] {magoo} stopped
[09:55] {Threei} can't tell tom
[09:55] {Threei} too volatile
[09:56] {Threei} jumpy spread
[09:56] {tomg} ty
[09:56] {Roman}
21 long crox
[09:56] {Roman}
21 full 4.35
[09:57] {Roman}
21 long PTEN .05
[09:59] {GeoArb} wow stp
[10:00] {Threei} JULY LEADING INDICATORS: -0.7% V -0.2%E
[10:00] {Threei} AUG PHILADELPHIA FED INDEX: -12.7 V -12.6E
[10:00] {Threei} - Prices Paid: 57.5 v 75.6 prior (highest since March 1980)
[10:01] {dino} chk stopped -.30\
[10:02] {Threei} - New Orders: -11.9 v -12.1 prior
[10:02] {Threei} - Employment: -1.1 v -7.3 prior
[10:02] {Threei} - Inventories: -6.6 v -7.5 prior
[10:02] {Threei} - Six-month business conditions outlook: 27.6 v 18.0 prior
[10:03] {dino} crm
[10:03] {dino} snps stop to .35
[10:04] {dino} to .44
[10:05] {dino} to .64
[10:06] {dino} tecd
[10:06] {dino} out snps .64, +.84
[10:09] {dino} sm risky, l cme .00
[10:09] {dino} noooo, crm
[10:09] {dino} i mean
[10:11] {dino} isys drop
[10:11] {Threei}
Long Setup:
0,3 LEH .31 if stays above .20
[10:12] {dino} crm stopped -.36
[10:13] {GeoArb} in stp on pullback
[10:14] {GeoArb} drq
[10:14] {GeoArb} oops sorry
[10:15] {dino} isys sm l .95, clunky, carefu;
[10:15] {GeoArb} hmm out too early on stp
[10:17] {dino} crm last try l off of .00 if it gets there
[10:18] {magoo} in leh
[10:22] {Threei}
Short Setup:
0,4 UAUA .78 if stays under .85
[10:22] {GeoArb} wow i cant short uaua
[10:23] {magoo} sh uayua
[10:24] {Threei} over 1:1
[10:24] {magoo} out leh flat..was wait .53, midssed exit
[10:25] {GeoArb} anyone took stp?
[10:29] {magoo} die UAUA DDDDDDDDDDIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEE
[10:29] {GeoArb} you really dont like flying do you ?
[10:30] {Threei} {UAUA} you don't like me... :(
[10:30] {Onix} is UAUA still avalid short, I am not in yet?
[10:30] {magoo} hate flying
[10:30] {GeoArb} to me the chart looks up
[10:30] {magoo} hate airports
[10:30] {GeoArb} has become JBE no? vad?
[10:30] {Threei} .85 is invalidating level, Onix
[10:31] {Threei} geo,it's not a play on its own merits
[10:31] {magoo} its rolling over
[10:31] {GeoArb} oil rising
[10:31] {Threei} it's an oil inverse follower
[10:31] {Onix} ty
[10:31] {GeoArb} yup
[10:31] {Threei} oil's up, market's down, airline's down is the concept
[10:31] {Threei} 1:2
[10:31] {GeoArb} wondering if this is worth calling the broker for short permissioning..... i guess it was
[10:32] {Onix} understand now
[10:34] {GeoArb} so i called the broker and they permissioned me for 100k shares short.....lol who do they think i am?
[10:35] {Threei} lol
[10:35] {GeoArb} ill be jittery on 500 shares
[10:41] {dino} out crm .40, +.40
[10:41] {Threei} 1:3
[10:42] {Threei} out in full
[10:43] {Threei} Geo, cover your 100K, will ya?
[10:43] {GeoArb} yeah
[10:44] {GeoArb} i didnt get in thinking i was late
[10:44] {Threei} just let me know before hitting buy, I'll go long for a scalp {G}
[10:44] {GeoArb} repenting on sidelines
[10:44] {Threei} it bounced right into entry point
[10:44] {Threei} gave second chance
[10:44] {GeoArb} :(
[10:48] {Threei} too soon on UAUA eh
[10:48] {Threei} anyone took?
[10:48] {hawkfan4} still in :)
[10:48] {magoo} i still short
[10:48] {GeoArb} way to go guys
[10:48] {Threei} sheesh you guys are petient
[10:49] {Threei} patient too
[10:49] {GeoArb} i live vicariously through you
[10:49] {Onix} ty Vad got 31c
[10:49] {Threei} good job Onix
[10:49] {magoo} ok cover here .33 TY vad
[10:49] {GeoArb} my only good trade today stp......
[10:49] {GeoArb} paid well though
[10:50] {magoo} uh, .77 minus ,33 equals um uh ??
[10:50] {magoo} carry the 3
[10:50] {GeoArb} 44?
[10:50] {Threei} lol
[10:51] {GeoArb} maaan oil
[10:51] {Threei} you make my life too complicated mags
[10:51] {hawkfan4} oil insane
[10:51] {hawkfan4} +6.30
[10:51] {GeoArb} phew
[10:51] {GeoArb} for a second there i though that was hawk's UAUA exit
[10:52] {Threei} I guess I need to take a break and go fill my tank before gas went to $5 a litre
[10:52] {hawkfan4} lol, no, but i did just partial at .31
[10:52] {GeoArb} uaua hovering at yes low
[10:53] {Threei} PENTAGON REITERATES WHITE HOUSE STATEMENTS THAT THE PACE OF RUSSIAN TROOP WITHDRAWAL IS 'MINIMAL'
[10:53] {Threei} - Note White House yesterday called for the Russians to pick up the pace in their departure from Georgia
[10:53] {Threei} minimal pace of withdrawal
[10:53] {GeoArb} i dont think there is going to be one
[10:53] {Threei} may I offer a wording:
[10:54] {Threei} negative pace of withdrawal, means actually adding troops
[10:54] {Threei} boy, I would be good spin doctor at PR
[10:55] {GeoArb} they are just "pacifying" he region
[10:55] {dino} you would think oil would rocket up on this
[10:58] {GeoArb} hmmm what happenned?
[10:58] {Threei} with what?
[10:58] {GeoArb} sudden es spike
[10:59] {dino} sm l cmed .60
[11:00] {magoo} es got a spike haircut??
[11:00] {GeoArb} :)
[11:00] {dino} nice es
[11:04] {magoo} l aapl sm .49
[11:05] {Onix} advice on SMTC please?
[11:07] {dino} dk
[11:08] {magoo} out aapl
[11:08] {magoo} no work
[11:08] {hawkfan4} USO looking higher
[11:11] {Threei} .50 will probably worth a try Onix
[11:11] {Threei} if stays above .40
[11:11] {Onix} ty
[11:13] {dino} cmed stopped -.30
[11:13] {Onix} in SMTC @ 15.52
[11:14] {Threei} IRAQI OIL MIN: MORE CRUDE ON MARKET THAN DEMAND
[11:17] {Threei} feeling at the moment is,
[11:17] {Threei} USO is going to break down through 98 and drop
[11:17] {Threei} if materializes, UAUA should post nice long off .50 break or so
[11:17] {magoo} oih short
[11:18] {magoo} l aapl .35 small risky
[11:19] {Threei} 98 broken
[11:19] {Threei} drop now, you slimy substance
[11:20] {magoo} in .46 100k shares
[11:20] {Threei} lol
[11:21] {magoo} out .48
[11:21] {magoo} how much i make??
[11:21] {Chaeron} 2000
06[11:21] * Chaeron slaps magoo around a bit with a large trout
[11:21] {magoo} :)
[11:21] {GeoArb} shouldnt the broker permission shorts based on account size?
[11:21] {GeoArb} wierd
[11:21] {magoo} laserdave limits my share size in bear now because of plays like that lol
[11:22] {GeoArb} lol
[11:22] {Threei} here we go
[11:22] {magoo} i am in .46
[11:23] {peterg} long uaua?
[11:23] {magoo} yres
[11:23] {Onix} in UAUA @ 11.50
[11:23] {dino} sm l pcln .13
[11:25] {dino} crm sm l .52
[11:25] {magoo} mkt should pop up on this oil
[11:25] {Threei} partial magoo
[11:26] {magoo} nmope
[11:26] {GeoArb} he said no and he is moping
[11:27] {Threei} partial magoo
[11:28] {magoo} no
[11:28] {Threei} don't make me beg
[11:28] {dino} sort of like a mog, half man half dog
[11:28] {GeoArb} how about us commoners?
[11:28] {Threei} rofl
[11:28] {GeoArb} all out.....
[11:28] {dino} spaceballs
[11:28] {GeoArb} 19 cents
[11:28] {GeoArb} thanks vad
[11:28] {Threei} welcome sir
[11:28] {GeoArb} erased mu previous uaua hurt
[11:29] {Threei} hurt as in not taking short?
[11:29] {GeoArb} heheh yeah
[11:29] {GeoArb} not making money is money lost no?
[11:29] {Threei} in a way...
[11:29] {magoo} out .74 TY vad
[11:30] {Threei} whew
[11:30] {Threei} welcome
[11:30] {Threei} Onix?
[11:30] {magoo} out AAPL .87
[11:30] {magoo} up good
[11:30] {Onix} got .24c in UAUA thanks Vad
[11:30] {GeoArb} 36 cents
[11:30] {GeoArb} nice magoo
[11:30] {magoo} [11:18] {magoo} l aapl .35 small risky
[11:30] {Threei} okay... peter?
[11:30] {GeoArb} i meant UAUA
[11:31] {hawkfan4} beauty call vad
[11:31] {Threei} ty
[11:31] {Threei} mostly, thank you for incerting word "call"
[11:31] {GeoArb} he has the baked alaska
[11:31] {GeoArb} wat call?
[11:32] {GeoArb} i didnt see the freen light
[11:32] {GeoArb} g
[11:32] {hawkfan4} yes, if i said "bod", you should be worried
[11:32] {GeoArb} ewww
[11:32] {Chaeron} thanks Vad... got .18 on UAUA
[11:32] {Threei} Chaeron :)
[11:33] {Threei} this must be one of the most obedient stocks in a long long while
[11:33] {GeoArb} jinxed
[11:34] {Threei} OPEC SHIPMENTS EXPECTED + 200K BPD TO 24.82M BPD IN 4 WEEKS TO SEPT 6 - TANKER TRACKER
[11:34] {Threei} - Note these figures are for OPEC without the inclusion of Angola and Ecuador{USO}
[11:36] {Threei} watching LEH for long
[11:36] {Threei} oil another drop, market move up and LEH being close to 13 support is idea of trade
[11:38] {magoo} u are confusing me...just call it with color freen
[11:38] {Threei} can't
[11:38] {GeoArb} oooooh
[11:38] {Threei} not a technical play, no exact levels
[11:39] {magoo} what u talkin bout willis??
[11:39] {Threei} lol
[11:40] {Threei} consider it a conceptual play:
[11:40] {Threei} if this and this event happen, then this reaction should follow,
[11:40] {Threei} if you get a delay between triggering event and reaction, use it for entry
[11:40] {GeoArb} one and two happenned
[11:40] {peterg} what is mark
[11:41] {peterg} et move up indicator
[11:41] {peterg} ?
[11:41] {Threei} hmm?
[11:41] {peterg} what is market up indicator
[11:41] {dino} pcln stopped -.23
[11:41] {peterg} Dow? rUSSEL?
[11:41] {GeoArb} oops missed third
[11:42] {Threei} I prefer NASDAQ... Dow will do too
[11:42] {GeoArb} why not es?
[11:42] {peterg} tks
[11:42] {Threei} ES is Dow in a form of futures, no?
[11:42] {GeoArb} sp vad
[11:42] {Threei} ugh
[11:42] {Threei} lol
[11:42] {GeoArb} comeone vad dont pull leg
[11:42] {GeoArb} ym=dow
[11:42] {magoo} here comes AAPL
[11:43] {Threei} YM is minis
[11:43] {GeoArb} of course
[11:43] {Threei} in short, asny of those will do
[11:43] {Threei} I have better feel for NQ
[11:43] {GeoArb} aayone take the conceptual leh play?
[11:43] {GeoArb} it was very well reasoned.....
[11:44] {magoo} im still looking that word up in pictionary
[11:44] {Threei} I guess common admiration by reasoning distracted everyone from actual antry {GGG}
[11:44] {GeoArb} lol
[11:44] {Threei} and mags
[11:44] {Threei} pictionary?
[11:45] {Threei} no wonder you can't find the word
[11:45] {magoo} yeah, i bought dictionary for dummys..has pictures alongside words
[11:45] {Threei} OK, attempt to envision a picture illustrating word "cenceptual" makes me dizzy
[11:46] {dptl} grabbed +.10 leh ty
[11:46] {Threei} scalpers can take LEH profit here
[11:46] {magoo} hence my problem
[11:46] {Threei} dp :)
[11:46] {GeoArb} dptl doee
[11:46] {GeoArb} geoarb {= talker
[11:46] {GeoArb} doer
[11:47] {dino} fwrd sm l .53
[11:47] {magoo} dewars?
[11:49] {dino} crm stop to .92
[11:50] {magoo} this mkts green or my nickname ain't mags
[11:50] {magoo} going freen i mean
[11:50] {magoo} freen=green
[11:50] {GeoArb} ok vad.... i gotta stop socializing here.... and only press buy sell keys
06[11:50] * magoo slaps Threei around a bit with a large trout
[11:50] {magoo} warming up
[11:50] {Threei} walking and chewing gum at the same time presents a peroblem?
[11:51] {dino} out crm +.40
[11:51] {GeoArb} yup
[11:51] {Threei} then chewing gum should take prirority
[11:51] {Threei} and you know what you are to do when run out of gum
[11:52] {magoo} slkap someone?
[11:52] {Threei} "I came to chew gum and kick a$$es... and I am out of gum"
[11:52] {dino} feeling down to me magoo
[11:52] {Threei} nice UAUA drop
[11:53] {Threei} if only oil reverses down again, will be good scalp
[11:54] {Threei} in
[11:54] {Threei} .44 stop
[11:55] {Threei} got .52
[11:55] {magoo} iun .57
[11:55] {Threei} losing 98 would be very nice of USO
[11:56] {Threei} and most likely would send it down for real
[11:57] {Threei} on the other side of the range, over .30 will render downside is not likely for a while
[11:57] {Threei} comeon, drop
[11:59] {Onix} in UAUA @ .51
[12:00] {Threei} perfect entry
[12:00] {Onix} ty
[12:03] {Chaeron} I got .50... but I don't like to brag
[12:03] {GeoArb} lol
[12:04] {Threei} why?
[12:04] {Threei} it's pleasant
[12:04] {Threei} earns you sincere hatred of many
[12:04] {Threei} which adds to a pleasure
[12:04] {hawkfan4} ok, i got .49
[12:04] {Threei} lol
[12:04] {Threei} here comes oil drop
[12:05] {GeoArb} i have never met anyone who has insincere hatred
[12:05] {Threei} predicted by me a few lines above (trying to brag too)
[12:08] {dino} alxn
[12:09] {GeoArb} oil rising?
[12:09] {Threei} just a little bounce
[12:09] {dino} no time for bouncy bouncy
[12:10] {Threei} IMO, going to lose 97.50
[12:11] {Chaeron} now you tell me
[12:11] {Onix} what means IMO?
[12:11] {Chaeron} In My Opinion
[12:11] {Onix} ty
[12:12] {GeoArb} above 1:1 no?
[12:12] {Threei} yup
[12:12] {Chaeron} IMHO means In My Humble Opinion.... not stock symbols
[12:12] {Threei} but I usually skip H for understandable reason
[12:12] {Chaeron} IMSAO
[12:12] {Chaeron} (Smart Ass Opinion) :)
06[12:13] * magoo slaps Chaeron around a bit with a large trout
[12:13] {Chaeron} I deserved that
[12:13] {GeoArb} took half off... gotta take kids to school
[12:13] {Threei} sharp red bar is coming on USO
[12:13] {Threei} ICHO
[12:13] {hawkfan4} agree, would love to see it back to 96
[12:14] {Threei} In Chaeron's Humble Opinion
[12:14] {Chaeron} heh
[12:14] {dino} alxn sm l .50 wide
[12:14] {hawkfan4} lol, was just getting ready to type ICHO into esignal
[12:15] {Threei} don't
[12:15] {Threei} it will show his picture
[12:15] {Threei} and you will be scarred for life
[12:15] {hawkfan4} hee :)
[12:15] {GeoArb} off to school guys good trading
[12:15] {Chaeron} true
[12:15] {Threei} :)
[12:15] {Threei} take care Geo
[12:15] {hawkfan4} cya geo
[12:15] {GeoArb} good first half thanks vad
[12:15] {magoo} GEO WAIT
06[12:15] * magoo slaps GeoArb around a bit with a large trout
[12:15] {GeoArb} (trout)
[12:16] {GeoArb} freeeeen
[12:16] {GeoArb} bye
[12:16] {dino} cya geo
[12:16] {Threei} come on USO, sharp red into .50
06[12:18] * Threei takes a bow
[12:18] {hawkfan4} well deserved
[12:18] {Threei} {dptl} how do you do that??
[12:19] {dptl} :)
[12:19] {hawkfan4} short qid .36, stop .45
[12:19] {magoo} vad, u ever see movie animal house?
[12:19] {Threei} now little bounce and dive under .50
[12:19] {Threei} no
[12:20] {hawkfan4} partial UAUA +.25
[12:20] {Threei} why mags?
[12:21] {Threei} little bounce is done
[12:21] {Threei} and now under .50
[12:21] {Threei} sh*t, I am good
[12:21] {hawkfan4} lol
[12:22] {Threei} :)
[12:22] {magoo} when u took bow, in movie they paddle your butt
[12:22] {Threei} animals... what can I say
[12:25] {dino} crm lod
[12:25] {hawkfan4} stopped qid -.10
[12:28] {dino} crm l sm off of .00 if it gets there
[12:41] {Threei} IRAQ OIL MIN: TARGETING 4.5M BPD OF OIL PRODUCTION IN 2012
[12:41] {Threei} - current production is about 2.5M bpd{USO}
[12:57] {magoo} .
[12:58] {magoo} ..
[12:58] {hawkfan4} ._.
[12:59] {Chaeron} hey... cut that out... I gotta sweep up after market close
[12:59] {hawkfan4} lol
[13:00] {dino} osip drop
06[13:00] * Threei slaps laserdave1 around a bit with a large trout
06[13:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps Chaeron around a bit with a large trout
06[13:01] * magoo slaps Threei around a bit with a large trout
[13:19] {GeoArb} back
[13:19] {GeoArb} are we in a position?
[13:19] {Threei} you left?
[13:20] {GeoArb} only in body
[13:20] {Threei} ah.. I must have sensed your spirit presence
[13:20] {judijim} take care everyone, Judi's off to psychology biz
[13:20] {Threei} take care jj :)
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
[13:22] {magoo} wha i do lol
[13:23] {Threei} what didn't you do
[13:23] {Chaeron} name it
[13:23] {Chaeron} lol
[13:23] {Threei} aside of burning down Pompei
[13:23] {Threei} and even that only because it was down before you
[13:23] {magoo} it was troy..get it right
[13:23] {dino} vad, how was the cruise?
[13:23] {Chaeron} I'm pretty sure he had a hand in that too Vad... somehow....
[13:24] {Threei} inkredible
[13:24] {Threei} magnificent place
[13:24] {Threei} tours were just right, both train in Skagway and heli in Juneau
[13:24] {dino} it is. i need to go again in a few years
[13:24] {dino} glad you enjoyed it
[13:25] {Threei} I so di... but sheesh,
[13:25] {Threei} this darn all-you-can-eat...
[13:25] {GeoArb} ya know vad
[13:25] {GeoArb} this is the 5th time you mentioned this
[13:25] {GeoArb} i wonder if you really disliked all you can eat?
[13:25] {Threei} just the opposite
[13:25] {Threei} I liked it too much
[13:25] {GeoArb} hehehe
[13:25] {dino} lol
[13:26] {dino} out crm .40, +.40
[13:28] {magoo} laser dcc
[13:30] {dino} alxn stop to b/e won't move
[13:31] {dino} sm l pacr .43, stop .13
[13:39] {dino} isys sm l .00
[13:40] {dino} fwrd stop to b/e
[13:40] {dino} risky, sm l crm .50 wide
[13:42] {dino} out alxn .93, +.43
[13:44] {magoo} vad, what u stalking boog guy
[13:46] {GeoArb} booooog
[13:46] {GeoArb} (finally found something as a counter to freen)
[13:48] {dino} i miss 4 dats and i can't figure out the "new" language
[13:48] {Threei} remember that red dot on a wall from yesterday?
[13:48] {GeoArb} ok vad wins
[13:48] {Threei} it reappeared
[13:48] {dino} whats boog, freen, etc
[13:48] {GeoArb} boog=big
[13:48] {GeoArb} freen=green
[13:48] {GeoArb} basic typos dino
[13:48] {GeoArb} we are still the same
[13:49] {dino} ahhhh
[13:49] {dino} thought maybe a conspiracy
[13:50] {dino} out fwrd +.06
[13:51] {dino} isys stop to .35
[13:53] {dino} to .40
[13:54] {magoo} 2 pm smackdown anyone??
[13:54] {hawkfan4} solf anhialated
[13:55] {dino} ouch
[13:55] {hawkfan4} short from 20.29 :)
[13:55] {magoo} may bounce..careful not in it
[13:55] {hawkfan4} out. stole your idea mags, thanks
[13:56] {magoo} u dog, er,um bird
[13:57] {dino} crm stop to .45 to whippy
[13:57] {dino} wtg hawk
[13:57] {dino} you bird of prey you
[13:58] {hawkfan4} thanks, lucky one, but i'll take it
[13:59] {dino} isys to .45 stingy w/it
[13:59] {dino} out crm .45, -.05
[14:00] {dino} you know my feelings on luck hawk
[14:01] {hawkfan4} yes i do
[14:01] {dino} pacr stop to .49
[14:02] {dino} out isys .44, +.44
[14:05] {dino} pacr to .58
[14:08] {dino} to .65
[14:13] {dino} to .76
[14:16] {dino} out +.33
[14:16] {dino} brb
[14:17] {hawkfan4} nice job dino
[14:20] {magoo} vad, what u got??
[14:20] {dino} ty hawk
[14:20] {dino} trying to keep the streak alive
[14:26] {magoo} no smackdowen
[14:29] {Threei} too jerky mags
[14:29] {Threei} can't catch the rythm
[14:29] {Threei} oil sharp down, then sharp up
[14:29] {Threei} neither had much indication of coming
[14:35] {magoo} yeah, bumed i missed aapl run
[14:35] {dino} apwr drop
[14:35] {magoo} was stalking it 172 .70 area
[14:36] {magoo} oi thought mkt pullbk
[14:37] {peterg} theres always RIMM...................
[14:58] {magoo} dammit..now i missed my pullbk
[14:59] {Onix} now the sunshine woke me up here in Vancouver!
[15:00] {dptl} yeah,,,no kidng :)
[15:01] {Onix} never knows if it is going to be summer or winter here ... sunshime great for a change
[15:02] {Threei} whiners
[15:02] {Threei} 1 year in Winnipeg for ya all, my verdict
[15:02] {Onix} winers is more like it
[15:03] {dptl} :)
[15:03] {Threei} you'll return much more appreciative of Vancouver's climate
[15:04] {Onix} no kiddding! i actually just LOVE it here!
[15:04] {Threei} if you return that is
[15:07] {Threei} here is recipe for anyone who thinks he has a lot of problems
[15:07] {GeoArb} become a newfie?
[15:07] {Threei} if your shoe size is 41, for 1 week wear size 40
[15:07] {Threei} in a week take it off and tell me you are not happy
[15:08] {Onix} where did you receive your training again?
[15:08] {Threei} Al Bundy shoe store
[15:08] {Chaeron} lol
[15:08] {dptl} lol
[15:08] {GeoArb} vad's telling his chioldhood stories
[15:08] {Onix} i thopught it was with crox?
[15:09] {Threei} Crox... one thing I'll never understand :)
[15:10] {dino} rick rockin'
[15:11] {Onix} apparently quite comfortable shoes, but have not tried them myself
[15:13] {Threei} oil spiking looks like
[15:13] {Threei} watching UAUA for short
[15:18] {Threei} in .40
[15:18] {Threei} .51 stop
[15:18] {magoo} am i chasing here?
[15:18] {Threei} try to catch snapback
[15:18] {Threei} UAUA does them constantly
[15:20] {dino} calling it a day. over goal, so heading out early. thx all.
[15:20] {Threei} great to see you return in shape dino
[15:21] {Threei} was the case with me too
[15:21] {Threei} not every vacation it happens :)
[15:21] {dino} thx and good job. so far vacations been good to me this year
[15:22] {Threei} every vacation during which I don't fall over the board, don't get eaten by great white etc is good for me...
[15:22] {GeoArb} so i guess your wife failed
[15:22] {Threei} I was alert
[15:22] {GeoArb} :)
[15:22] {dino} lol. take care
[15:22] {Threei} never turned my back when on outer deck
[15:23] {Threei} and kept her pre-occupied by buying her some jewellery
[15:24] {Threei} shiny shiny things, you know...
[15:25] {GeoArb} :)
[15:31] {dptl} ok... gonna go enjoy a little bit of that sunshine in here.....have a good evening all :)
[15:31] {Threei} take care dp :)
[15:31] {magoo} c u dp
[15:38] {Onix} enjoy!
[15:41] {Onix} UAUA ever going to break down today?
[15:42] {Threei} USO is climbing
[15:44] {magoo} u still sh uaua?
[15:44] {Onix} opposites attract?
[15:44] {Onix} yes ss @11.34
[15:45] {Threei} covered half .29
[15:45] {magoo} i never got entry
[15:45] {Threei} trailed stop to .46
[15:55] {peterg} ok power rangers, see your tomorrow!
[15:56] {peterg} and you, too
[15:56] {Threei} take care peter
[15:57] {magoo} bye peterg
[15:58] {Onix} out with my 4c ty
[15:59] {Threei} don't spend it at once
[15:59] {Threei} and ot one place
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {magoo} ty vad
Wednesday, August 20, 2008
Aug 20 2008
Session Time: Wed Aug 20 00:00:00 2008
[08:19] {Threei} 07:23am [LEH] Price Target lowered to $28 from $45 at Bernstein; Maintains market perform rating
[08:19] {Threei} [LEH] Lehman Brothers Holdings Inc Reportedly Goldman cuts earnings estimates for brokerage firms (timing uncertain)
[08:19] {Threei} - Goldman cuts JPM Q3 EPS estimate to $0.40 from $0.64 (consensus estimate is $0.51e)
[08:19] {Threei} - Goldman cuts LEH 2008 EPS estimate to -$9.65 from -$2.10 (consensus estimate is -$3.17e)
[08:19] {Threei} - Goldman cuts MS Q3 EPS estimate to $0.85 from $1.10 (consensus estimate is $0.88e)
[08:20] {Threei} these GS cuts from yesterday after hours
[08:21] {hawkfan4} good morning
[08:21] {Threei} good morning :)
[08:21] {Threei} may I make little confession?
[08:21] {hawkfan4} yes
[08:22] {Threei} couldn't resist and took LEH short on the close,
[08:22] {Threei} then saw afterhours drop and covered 12.60
[08:22] {Threei} glad I did both, lol
[08:23] {hawkfan4} :) nice. i took it too, but only covered a part after hours at .65. was hoping for a big morning drop
[08:23] {Threei} haha... I knew it
[08:24] {Threei} not sure why it's floating still this morning, the wight on its ankles is enormous
[08:24] {Threei} weight
[08:24] {Threei} but financials behaved against all logic way too opften over last months
[08:25] {Threei} and I am trained to see "against the logic" behavior as an opportunity to go against the crowd that follows obvious
[08:25] {Threei} so I am torn here
[08:25] {hawkfan4} yeah , i was just thinking about that too. hard to imagine it wants to rally, but hmmm
[08:25] {Threei} can't see LEH, FNM etc as long
[08:26] {Threei} and can't stay short against all my conditioning
[08:29] {brian3579} gm
[08:30] {Threei} brian :)
[08:30] {Threei} SATC
[08:30] {Threei} TO POWER NORTH AMERICA'S LARGEST SINGLE ROOFTOP SOLAR ARRAY
[08:31] {Threei} when zI went to Costco to replenish the content of the fridge after vacation, saw interesting thing
[08:32] {Threei} big solar panel
[08:32] {Threei} $299
[08:32] {Threei} tried to remember its parameters to look up what it can do
[08:33] {Threei} but managed to remember them just long enough to forget before I got to the pen and paper
[08:33] {cosmo} 15W prolly..
[08:33] {hawkfan4} interesting, i have to hut costco soon, i'll look for it.
[08:33] {Threei} expected for a while these things to start appearing on a consumer level and becoming more and more useful and cost-effective
[08:34] {Threei} please let me know hawk, I don't expect myself to be there for couple of weeks
[08:34] {Threei} signage on the box said,
[08:34] {hawkfan4} i will
[08:34] {Threei} can provide backup power in case of outage
[08:35] {Threei} charge a lot of portable devices
[08:35] {Threei} in both 12 or 110 V
[08:35] {Threei} umm... in either
[08:35] {Threei} :)
[08:36] {Threei} it has a metal stand for the panels
[08:41] {magoo} jhdfgdngf
[08:42] {Threei} I hate to disagree
[08:42] {Threei} but I am prfetty sure it's jhdfgdingknflit
[08:43] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11298029&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=7&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:43] {Threei} this is it cosmo, I think
[08:44] {cosmo} or its close..
[08:44] {Threei} I had an impression there were three panels, not four
[08:44] {Threei} but can be mistaklen
[08:44] {Threei} afrter all, I was there after food, empty fridge etc, hard to focus
[08:44] {Threei} 60W
[08:44] {Threei} fairly decent, no?
[08:45] {cosmo} small appliances, it says
[08:47] {cosmo} if you pay a little more....
[08:48] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11248624&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=9&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:48] {Raven}
3 Have friend who spent $13K out of pocket (grants and tax rebates funded rest of $40K total cost)
[08:49] {Raven}
3 he pumps power back into grid all summer
[08:49] {Raven}
3 in Oregon
[08:49] {Raven}
3 figures it'll pay back in 10 years
[08:49] {Threei} do economics work overall for him?
[08:49] {Threei} oh
[08:49] {Raven}
3 loves to watch electric meter spin BACKWARD
[08:50] {Raven}
3 rofl
[08:50] {Threei} yeah, that must be fun
[08:50] {cosmo} it beats having a swimming pool...
[08:50] {Threei} although in old times USSR people did that with two wires hooked to meatl heating radiator
[08:50] {Raven}
3 and Oregon has less than sunny winter season
[08:50] {Threei} murmuring "the state is us"
[08:51] {Raven}
3 lol
[08:51] {Raven}
3 also Oregon is quite generous with grants and tax rebates
[08:52] {Raven}
3 each state is different I think
[08:57] {cosmo} some are more photosynthetic than others...
[08:57] {Raven}
3 you bet
[08:58] {magoo} vad, u got sec
[08:58] {cosmo} AZ should lead
[08:58] {Raven}
3 CA too
[08:58] {Raven}
3 southern CA
[08:58] {Raven}
3 San Diego
[08:58] {Onix} Good morning!
[08:59] {cosmo} Sempra not as friendly as PG&E
06[09:00] * magoo slaps Threei around a bit with a large trout
[09:00] {Raven}
3 Oh ... another variablr
[09:00] {Raven}
3 variable
[09:00] {cosmo} SDG&E and SCE need to wake up
[09:01] {Threei} mags?
[09:01] {magoo} i lost my scanner window stocks down pre mkt, cant remember how to recreate it
[09:03] {Threei} rta://NewAlertWindow/?O=4000000000000000000000000000000_1D_0&MaxFCP=-5&MinVol=200000&WN=Stocks+Down+Big+in+Pre+Market+Trading
[09:03] {Threei} right click - configure - standard strategies
[09:04] {Threei} or
[09:04] {Threei} right click - configure - recent settings
[09:04] {cosmo} CSUN
[09:04] {GeoArb} gm
[09:04] {Threei} Geo :)
[09:05] {magoo} i see prop standard rececent
[09:05] {magoo} oh wait
[09:06] {pita} gm all
[09:07] {Threei} pita :)
[09:07] {magoo} thanx boss
[09:07] {Threei} always
[09:08] {Threei} ummm... sometimes
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:10] {fernp} Good morning all
[09:10] {magoo} so easy and i totally forgot how to create new window..sigh
[09:11] {Threei} fern :)
[09:12] {tomg} good morning
[09:13] {Threei} tom :)
[09:15] {esemde} good M...
[09:15] {Threei} ese :)
[09:18] {Threei} I don't have much for the open
[09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:19] {Threei} also we have oil inventories today
[09:20] {Threei} so at some point UAUA should get active
[09:25] {Threei} Warren Buffet and Bill Gates are in Alberta overviewing oilsands industry
[09:26] {cosmo} once they clean that sand, they can make solar panels
[09:26] {dptl} good morning all
[09:26] {Threei} dp :)
[09:27] {peterg} gmng
[09:27] {Threei} peter :)
[09:28] {Threei} solars were strong yesterday and are gapping up this morning
[09:28] {Threei} not sure if that's a sector in play...
[09:28] {Threei} they have this feel of stalled bread
[09:28] {Threei} or flat beer
[09:28] {hawkfan4} 09:26 SOL ReneSola initiated with a Buy at Merrill- tgt $30 (17.49 ) -Update
[09:29] {GeoArb} tan
[09:29] {Threei} should be scalpable I guess
[09:29] {Threei} thin trader
[09:29] {GeoArb} yeah :9
[09:29] {GeoArb} just for trend
[09:31] {cosmo} SOLF holding 17 ...so far
[09:32] {Threei} SOL .15 long if holding above 18
[09:34] {Threei} semi-aggresive entry, if .10 gets taken
[09:36] {Threei} offer half at .27 - .30
[09:36] {Threei} feels more than a scalp to me
[09:37] {Threei} out half at .29
[09:37] {magoo} wait .45
[09:38] {fernp} out here. thanks Vad
[09:38] {Threei} offer 1/4 more at .45
[09:38] {Threei} welcome
[09:39] {Threei} 1/4 more out
[09:39] {peterg} I see--SOL is not SOLF
[09:39] {GeoArb} :)
[09:39] {magoo} out ty boss .45
[09:39] {Threei} now, your choice:
[09:39] {Threei} offer last portion around .60
[09:39] {Threei} or just try to ride it
[09:40] {tomg} thanks vad
[09:40] {Threei} tom :)
[09:40] {Onix} Out SOL for +.48, thanks Vad!
[09:40] {Threei} welcome sir
[09:40] {Onix} sorry .. out at .48 = 34c
[09:41] {Threei} what's 12 cents between friends
[09:41] {Threei} umm... 14
[09:41] {Threei} lol
[09:41] {Onix} exciting!
[09:42] {Threei} another day in the office...
[09:42] {Threei} look at LEH morning spikes both ways
[09:42] {Threei} [09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:42] {Threei} that was some morning rush to wait out eh?
[09:42] {GeoArb} cnq?
[09:43] {Threei} no read here Geo, sorry
[09:43] {Threei} mags, you are all out or holding any?
[09:44] {magoo} all out
[09:44] {Threei} k
[09:45] {Threei} NCOC interesting daily
[09:45] {Threei} but Roman has better feel for this one
[09:46] {tomg} EXP vad?
[09:46] {Threei} volatile like hell...
[09:46] {Threei} strong momo but very hard to control risk
[09:47] {Threei} MER
[09:47] {Roman}
21 TXCO interesting but very thin
[09:47] {Threei} .25 short if stays below .30
[09:50] {Threei} US TREASURY REPORTEDLY IN COMMUNICATION WITH GSES AND REGULATORS, BUT A FRE MEETING IS YET TO BE CONFIRMED
[09:50] {Threei} {FNM FRE}
[09:51] {Threei} stopped MER
[09:52] {Threei} picked wrong financial for short, FNM was much better
[09:52] {Threei} told ya it's bottomless
[09:53] {Onix} stopped MER
[09:54] {magoo} me too
[09:57] {Threei} pains me to say... but LEH starts looking like long
[09:57] {Threei} if holding above 13
[09:57] {Threei} hard to pick entry, not much to indicate it
[09:57] {Threei} if you like, just grab it here
[09:57] {Threei} stop is tight enough
[09:58] {esemde} long NVDA 13.62
[09:59] {esemde} went long as it crossed the open print
[09:59] {magoo} mkt feels like rally
[09:59] {Threei} LEH went to 1:2 in a hurry from .10 entry
[10:00] {Threei} feels not done yet
[10:00] {Threei} don't chase if you haven't taken it close to 13
[10:00] {Threei} it's a day for safe entries with tight stops
[10:03] {magoo} leh bounce entry vad?
[10:03] {Threei} late
[10:03] {Threei} impossible to call in time
[10:03] {magoo} as i typed it was .90
[10:03] {Threei} either you are ready and grab it as it occurs or let it go
[10:04] {esemde} pick a solar...any solar....they almost all green on my solar screen....
[10:07] {Threei} for the record, I don't expect today to be very generous on trading opportunities
06[10:07] * magoo slaps Threei around a bit with a large trout
[10:07] {Threei} although oil inventories may provide something
[10:07] {Threei} but it's August after all
[10:07] {magoo} watcjh uso as a long
[10:07] {Threei} and:
[10:07] {magoo} not in
[10:07] {Threei} ·“Don't be seduced into thinking that that which does not make a profit is without value.” - Authur Miller
[10:08] {peterg} wow
[10:08] {esemde} long STP .51 1/2 lot
[10:08] {Threei} observing these moves is invaluable education
[10:08] {tomg} cnq on pullback?
[10:08] {magoo} u in leh?
[10:08] {Threei} me no
[10:09] {magoo} u like it?
[10:09] {Threei} CNQ, hmm
[10:09] {Threei} I would prefer deeper pullback on it
[10:09] {tomg} ty
[10:09] {magoo} k
[10:09] {Threei} around 82 or even lower
[10:09] {tomg} k
[10:10] {Threei} LEH 13.01 mags
[10:10] {Threei} with 12.89 stop
[10:10] {magoo} in vad
[10:11] {Threei} 1:2 like there is nothing to it
[10:11] {Onix} Had it like that for a while now: in @13.02 & stop 12.89
[10:11] {esemde} out STP .75 +.24
[10:11] {Threei} don't oversit them
[10:11] {Threei} 1:2 is good
[10:11] {Threei} beautiful one ese
[10:12] {esemde} exactly
[10:12] {esemde} tks
[10:12] {Threei} 1:3
[10:12] {magoo} out LEH .30 TY boss
[10:12] {Threei} welcome
[10:12] {Threei} 1:4
[10:13] {Threei} if you don't profit from it and let it go negative on you, don't ever talk to me again
[10:13] {Threei} I'll pretend I don't know you
[10:13] {Threei} Onix, you took it?
[10:13] {hawkfan4} that was nice, thx :)
[10:13] {Onix} got +.32 LEH thnx Vad
[10:13] {esemde} nice move stp
[10:13] {Threei} hawk :)
[10:14] {Threei} wtg guys
[10:14] {magoo} u da man, er, um lil dude vad:)
[10:15] {Threei} realize that you are profiting in an easy and safe way day after day in what is labeled by most as one of the most difficult markets in theirlifetime
[10:15] {Threei} NVDA goes for you ese
[10:15] {esemde} am liking it....
[10:17] {esemde} will be out 1/2 soon....let the rest ride
[10:17] {Threei} 20 min till oil numbers
[10:17] {Threei} PREVIEW: DOE AND API PETROLEUM INVENTORIES DUE AT 10:35AMET.
[10:17] {Threei} **consensus expectations:
[10:17] {Threei} Crude: +1Me
[10:17] {Threei} Gasoline: -2.8Me
[10:17] {Threei} Distillate: +750Ke
[10:17] {Threei} Utilization: 86.3%e
[10:17] {Threei} *crude inventories expected to rise as shipments that were delayed by Tropical Storm Eduoard began to arrive last week.
[10:17] {Threei} [09:57] {Threei} pains me to say... but LEH starts looking like long
[10:18] {Threei} pains me even more to say I was right, lol
[10:18] {esemde} NVDA out 1/2....+.25
[10:18] {magoo} you are like dr. smith.."the pain the p[ain"
[10:18] {GeoArb} wow
[10:19] {GeoArb} educated lot here
[10:19] {Threei} well, my philosophy is "no pain - good!"
[10:19] {GeoArb} damn
[10:19] {GeoArb} its a movie
[10:19] {GeoArb} series
[10:20] {Threei} FNM
[10:20] {Threei} CEO: COMPANY HAS MORE CAPITAL THAN IT HAS EVER HAD IN ITS HISTORY - RADIO INTERVIEW
[10:20] {Threei} I have just one question
[10:20] {Threei} whos cash is that?
[10:20] {GeoArb} ok that hut vad
[10:20] {fernp} out half BEXP +.20
[10:21] {GeoArb} it isnt the canadians that i can tell ya
[10:21] {Threei} also, if so,
[10:22] {Threei} why are we continuing to hear about this or that form of nationalizing them, rendering common wtock worthless etc
[10:22] {tomg} in cnq 82.08
[10:22] {tomg} out .48
[10:22] {Threei} nonetheless, nice spike FNM
[10:23] {peterg} cuz their ceo's are lying @@@'s?
[10:23] {Threei} wow tom
[10:23] {Threei} patience paid off eh? waited for 82
[10:23] {esemde} CNQ looks real good tom
[10:23] {tomg} ty on pb advice :)
[10:23] {Threei} always
[10:23] {Threei} I mean, sometimes
[10:23] {tomg} :)
[10:23] {GeoArb} sniff cnq
[10:24] {esemde} still movin STP
[10:24] {GeoArb} [09:42] {GeoArb} cnq?
[10:25] {esemde} didn't there use to be an oil product called STP....maystill is don't know
[10:25] {Threei} [09:43] {Threei} no read here Geo, sorry
[10:25] {GeoArb} :)
[10:25] {GeoArb} i guess tomg is a self starter heheheh
[10:26] {Threei} we exchanged on it later Geo
[10:26] {GeoArb} and off course i missed
[10:26] {Threei} after CNQ moved more and started pulling back
[10:26] {Threei} [10:08] {tomg} cnq on pullback?
[10:26] {Threei} [10:09] {Threei} CNQ, hmm
[10:26] {Threei} [10:09] {Threei} I would prefer deeper pullback on it
[10:26] {Threei} [10:09] {tomg} ty
[10:26] {Threei} [10:09] {magoo} k
[10:26] {GeoArb} yup see it now
[10:27] {GeoArb} sniff.... i need more coffee
[10:27] {Threei} [10:09] {Threei} around 82 or even lower
[10:27] {Threei} [10:09] {tomg} k
[10:27] {Threei} bottomed out at 81.87
[10:27] {GeoArb} hey vad you still using one min charts?
[10:28] {Threei} yes why?
[10:28] {GeoArb} just curious
[10:28] {GeoArb} i sometimes like 2 min better or 5
[10:28] {Threei} why not
[10:28] {Threei} there is no better or worse way
[10:28] {Threei} there is one that works for you
[10:28] {GeoArb} just trying ot
[10:28] {GeoArb} makes me hold longer
[10:29] {peterg} interesting
[10:29] {Threei} of course it does
[10:29] {GeoArb} problem is cant go full lot on that
[10:30] {Threei} it's not a problem... it's direct outcome of risk/reward equation
[10:30] {GeoArb} yeah that sounds better :)
[10:33] {tomg} cnq going for hod
[10:33] {GeoArb} oil out yet?
[10:33] {GeoArb} i am on my hands
[10:34] {Threei} 2 min
[10:34] {Threei} 1
[10:35] {GeoArb} mdt nice
[10:35] {Threei} DOE CRUDE: +9.4M V +1ME;
[10:35] {Threei} GASOLINE: -6.2M V -2.8ME; DISTILLATES: +480K V +750KE; UTILIZATION: 85.7% V 86.3%E
[10:35] {Threei} *API Inventory:
[10:35] {Threei} - Crude Inventories: +12.4M
[10:35] {Threei} - Gasoline: -1.9
[10:35] {Threei} - Distillate: +300K
[10:36] {GeoArb} yup cnq dropped
[10:36] {GeoArb} hahahahaha
[10:36] {tomg} yup, follows oil
[10:36] {GeoArb} canadian national res
[10:36] {magoo} uaua responded
[10:36] {GeoArb} i thought restaurant
[10:36] {GeoArb} i checked
[10:36] {GeoArb} oops
[10:37] {GeoArb} is national resource......i need to read up
[10:37] {tomg} :)
[10:37] {esemde} if the NDX breaks above 1921.99....skys the limit today
[10:38] {Threei} http://www.cnrl.com/
[10:38] {Threei} Canadian Natural Resources
[10:38] {GeoArb} yeah
[10:38] {GeoArb} mm just says canadian nat res
[10:39] {GeoArb} but i found a cool thing... if i double click the mm.... it opens the google finance for it
[10:39] {Threei} what's mm?
[10:39] {GeoArb} market meker LII box
[10:39] {Threei} ah
[10:40] {tomg} don't see mm box Geo
[10:40] {GeoArb} its funny.... at 10:31 UAUA was breaking lows at twice normal volume
[10:40] {GeoArb} cant just do scanner.....news matters
[10:41] {Threei} well, oil numbers propped a move
[10:41] {GeoArb} yup
[10:41] {Threei} and UAUA is oil-dependent mover
[10:41] {GeoArb} i was thinking if i wasnt in this room i would be short hehehehe
[10:41] {GeoArb} but then i wouldnt have a scanner !
[10:42] {Threei} rofl
[10:42] {GeoArb} lol
[10:42] {tomg} Geo, you talking about mm box on LII in Laser?
[10:42] {GeoArb} no my broker
[10:42] {Threei} well... being in the room saved you from 1 dollar move against you
[10:42] {tomg} ah, ok
[10:42] {GeoArb} yup
[10:45] {Threei} have a look at VPHM
[10:46] {hawkfan4} looking
[10:46] {Threei} serious relstive strength, makes new 52 weeks highs
[10:46] {Threei} just broke 14 resistance on daily
[10:47] {Threei} not sure I have a call on it at this moment
[10:47] {Threei} mentioning it for thiose of you who see it as a play
[10:49] {GeoArb} vad i am curious..
[10:49] {GeoArb} any reason you dont play gap fill/ gap and go setups?
[10:50] {Threei} I like them
[10:50] {Threei} I just don't actively scan for them
[10:50] {GeoArb} do you scan for them?
[10:50] {GeoArb} hhe
[10:50] {Onix} missed on VPHM
[10:50] {Threei} simply no room for more scans I guess :)
[10:50] {GeoArb} yeah
[10:50] {Threei} but if I stumble onto one of those while surfing, I do like them
[10:50] {Threei} if you scan for them, feel free to share
[10:51] {esemde} you have alot of screens Vad...what is your favorite
[10:51] {GeoArb} i am developing a scan bt would off course need your guidance on how to play em
[10:51] {GeoArb} i like gap and go better than gap fill
[10:51] {Threei} I don't have favorite really ese
[10:52] {esemde} if you had to choose...which one would it be
[10:52] {Threei} hmmm
[10:52] {esemde} putting you on the spot i know
[10:52] {Threei} it changes with market///
[10:52] {Threei} some work better in one type of market, some are in another
[10:53] {GeoArb} anyone take vphm?
[10:53] {Threei} so my answer today may be different from my answer tomorrow
[10:53] {fernp} me
[10:53] {GeoArb} makes sense
[10:53] {GeoArb} i missed but looks good
[10:53] {esemde} indeed.......
[10:53] {Threei} and you will say I am a flip flop worse than presidenatila candidates
[10:54] {tomg} TWB
[10:55] {tomg} ?
[10:55] {GeoArb} mdt vad?
[10:57] {fernp} out VPHM +.18 thanks Vad
[10:57] {Threei} MDT is a bit too narrow for this price range
[10:57] {Threei} fern :)
[10:57] {Threei} TWB, not sure
[10:57] {GeoArb} OK
[10:57] {Threei} this kind of setup I'd be happy to see an hour ago
[10:57] {Threei} now it can easilt to just stall
[10:58] {tomg} ty
[10:58] {esemde} GO NVDA BABYYYYYYYYY!!!!!!!!
[10:59] {magoo} [09:59] {magoo} mkt feels like rally
[10:59] {esemde} i'll second that
[11:00] {esemde} not only feels like....IS.....
[11:01] {tomg} ty for help, vad, have a nice day everyone
[11:02] {Threei} take care tom, good job
[11:02] {tomg} :)
[11:06] {GeoArb} off to work.... thanks
[11:06] {Threei} take care Geo
[11:07] {dptl} pdli?
[11:08] {Threei} not really lunch time setup,
[11:08] {Threei} may go slowly if market continues climbing
[11:09] {dptl} ah ..ty...got .46 to try..:)
[11:10] {tomg} just one more thing before i go....i want to apologize to laserdave in front of the whole group....i posted negative comments about him a while back.......when he was trying his best to help me
[11:10] {tomg} i was panicking and took it the wrong way
[11:10] {dptl} stop under .39 pdli
[11:11] {tomg} maybe you want to edit this out, vad, but i never will feel right until i get it said that i'm sincerely sorry
[11:11] {Threei} who is laserdave?
[11:11] {tomg} man :)
[11:11] {Threei} :)
[11:11] {Threei} I notice him when he is here and I am in the truot-slapping mood
[11:11] {Threei} (which I always am)
[11:12] {tomg} i apologized to him personally, of course
[11:12] {Threei} I think it's all long forgotten tom
[11:12] {Threei} little trout between friends, whatever
[11:12] {tomg} thanks, vad :)
[11:13] {magoo} trout????
06[11:13] * magoo slaps Threei around a bit with a large trout
[11:13] {Threei} ugh
[11:14] {Threei} I walked right into it... knew how dangerous it was to even mention fish in magoo's poresence
[11:14] {fernp} again out of VPHM +.12
[11:15] {Threei} lol
[11:15] {Threei} this is not nice fern
[11:15] {Threei} I di not mention it for you to bludgeon it
[11:16] {Threei} scalp it one thing... but you are dismembering it
[11:16] {fernp} lol
[11:16] {fernp} easy money
[11:16] {Threei} favorite kind
[11:16] {fernp} mine too
[11:24] {hawkfan4} kinda like UAUA over 13 with a stop .84, or short under .85, depends on oil's next move
[11:28] {magoo} vad, kinda looking for pullback short scalps here
[11:32] {Threei} pretty much USO dependent mags
[11:32] {Threei} if it continues down, market is likely to continue climbing
[11:39] {magoo} ok, just a thought
[11:47] {Threei} aimless wandering
[12:03] {Threei} SOLF is still climbing... can't bring myself to play it
[12:04] {hawkfan4} was just looking at solf, watching SOL again. It's basically SOLF without the F
[12:05] {magoo} brb
[12:10] {hawkfan4} trying USO .60, stop under .40
[12:32] {hawkfan4} SOL .40, stop under .24
[12:33] {fernp} out PDLI +.10
[12:34] {hawkfan4} gj
[12:40] {hawkfan4} USO stop to .64
06[12:44] * Threei slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
[12:44] {Chaeron} that last one was for magoo... he's away for a sec
[12:45] {dptl} team work eh:)
06[12:47] * magoo slaps laserdave1 around a bit with a large trout
[12:47] {magoo} thanx charbro
[12:47] {Chaeron} gotchr back bro
[12:55] {laserdave1} why thanks
[12:56] {GeoArb} hey dave dcc pls
[13:05] {GeoArb} .
[13:06] {Threei} very very fine point
[13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:20] {magoo} vad, my question on mt
[13:20] {magoo} mt=mkt
[13:20] {Threei} [13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:21] {magoo} u sdtalkin anything anywhere anytime anyhow?
[13:21] {Threei} yes
[13:21] {Threei} I made this mistaake of aiming laser pointer at the wall
[13:21] {Threei} not I am stalking the red dot
[13:21] {Chaeron} oh geesh
[13:22] {Threei} not = now
[13:32] {Threei} (RU) RUSSIA FOREIGN MINISTRY: US-POLAND MISSILE DEAL HAS ESTABLISHED AN ARMS RACE IN EUROPE
[13:32] {Threei} - Russian protests will include more than diplomatic statements in response to missile shield program
[13:32] {Threei} - US missile shield plan is part of a very dangerous group of military projects
[13:32] {Threei} welcome to new cold (and we can hope only cold) war
[13:34] {Threei} LDK is intriguing
[13:41] {GeoArb} well about that .....
[13:41] {GeoArb} we go here and keep prodding the bear
[13:41] {GeoArb} what do you think is gonna happen?
[13:41] {magoo} ldk is the crazy one right vad?
[13:53] {hawkfan4} .
[13:56] {Threei} sorry guys, had urgent errand
[13:56] {Threei} it is mags
[13:56] {Chaeron} you were gone?
06[13:57] * Threei slaps Chaeron around a bit with a large trout
06[13:57] * magoo slaps Chaeron around a bit with a large trout
[13:57] {Threei} well Geo... IMO, this is the bear that is not going to lay down and sleep quietly even if you don't prod it
[14:07] {esemde} have a great rest of the day all.....am heading in too work...got classes to prepare for
[14:07] {Threei} FNM... 4.73 becomes a shart trigger
[14:07] {Threei} take care ese :)
[14:07] {esemde} see ya vad
[14:08] {Threei} PIMCO'S GROSS: CURRENT STOCK PRICES FOR GSES INDICATE MARKET PRICING STOCKS AT ESSENTIALLY ZERO - CNBC COMMENTS
[14:08] {Threei} {FNM FRE}
[14:08] {Threei} hmm?
[14:08] {Threei} zero is zero
[14:08] {Threei} I see FNM at 4.80
[14:09] {Threei} if it's all the same to Cross, I am w'illing to short here under his agreement to sell it back to me at zero
[14:10] {hawkfan4} sounds fair
[14:10] {magoo} are u shorting it here?
[14:10] {Threei} yes
[14:10] {Threei} got .74
[14:10] {Threei} .85 stop
[14:12] {magoo} in .66
[14:12] {Threei} wow
[14:12] {Threei} why so much chasing?
[14:12] {magoo} thats where it was when i asked
[14:12] {Threei} [14:07] {Threei} FNM... 4.73 becomes a short trigger
[14:13] {magoo} oops
[14:16] {GeoArb} so i have been thinking vad
[14:16] {GeoArb} :)
[14:16] {Threei} hurt?
[14:16] {magoo} oy
[14:16] {GeoArb} how about a scrpt so that when you make a call it starts with ALERT!!
[14:16] {Threei} over 1:1 FNM
[14:17] {Threei} it means additional typing geo
[14:17] {magoo} ggggggggggtttrt
[14:17] {GeoArb} problem is it will say alert even when you make your jokes
[14:17] {GeoArb} no it will insert it automatically
[14:17] {GeoArb} a script
[14:17] {GeoArb} only for you
[14:17] {GeoArb} so sleeperrs like me and magoo dont miss
[14:17] {GeoArb} :0
[14:17] {Threei}
JBE Setup:
0,3 TEST 20
[14:17] {GeoArb} seeee
[14:17] {Threei}
Long Setup:
0,3 TEST 20
[14:18] {Threei}
Short Setup:
0,4 TEST 20
[14:18] {GeoArb} you have stuff hidden
[14:18] {Threei}
DBI Setup:
0,4 TEST 20
[14:18] {GeoArb} hmmmm
[14:18] {GeoArb} this is beautifull
[14:18] {magoo} symbiol??TEST not coming up
[14:18] {GeoArb} what do you think guys?
[14:19] {Threei} told ya FNM was bottomless
[14:19] {magoo} [14:18] {magoo} symbiol??TEST not coming up
[14:19] {patience} if you need it geo......
[14:19] {magoo} isTEST on bulletin board??
[14:19] {Threei} scalpers have almost 1:3 FNM
[14:20] {Chaeron} might be a pink sheet mags :)
[14:20] {magoo} magoos patented 2-230 smackdown here
[14:20] {GeoArb} it keeps him loud and separate from all the riffraff talk like mine
[14:20] {Threei} and you seriously think anything that makes me louder is a good thing?
[14:21] {GeoArb} only for calls vad
[14:21] {GeoArb} only for calls
[14:21] {GeoArb} hmmmm only for calls
[14:21] {magoo} hgow about fatter??
[14:21] {GeoArb} thats my secret shame so wont go there
[14:21] {GeoArb} california.... its the cheese
[14:22] {magoo} and happy cows
[14:22] {GeoArb} so vad.... how much moe do you have to type to pull those alert up?
[14:22] {Threei} not much actually
[14:22] {Threei} I just need to remember :)
[14:22] {GeoArb} would you consider it?
[14:22] {Threei} sure
[14:23] {Threei} woohoo FNM
[14:23] {GeoArb} that way y roving eyes have an anchor
[14:23] {magoo} and U criticize my entry
[14:23] {Threei}
3,0 Attention: FNM is a POS
[14:23] {GeoArb} lol
[14:23] {hawkfan4} lol!
[14:23] {Threei} it's coming back to me
[14:23] {GeoArb} from the go go 90s?
[14:24] {Threei} I guess
[14:24] {magoo} out .33
[14:25] {hawkfan4} there goes oil
[14:25] {magoo} feels like into 3's
[14:25] {Onix} POS?
[14:25] {GeoArb} piece of sugar
[14:26] {Threei} ummm
[14:26] {Threei}
3,0 Attention: GEO is sugarcoating thing
[14:26] {magoo} i thiought it was "per order shares"
[14:27] {GeoArb} ummm vad
[14:27] {Threei} hehe
[14:27] {GeoArb} lol
[14:28] {GeoArb} wo fnm
[14:28] {GeoArb} going to 0
[14:29] {GeoArb} 150 mill vol today
[14:31] {magoo} vad, u ignoring my best material here
[14:32] {Threei} as in?
[14:32] {GeoArb} 11:27] {magoo} i thiought it was "per order shares"
[14:33] {Threei} this is your best??
[14:33] {Threei} come on... I know better than that
[14:33] {Chaeron} there's a really thin book "Magoo's Best Material from RT Room"
[14:33] {magoo} :)
[14:34] {Threei} and best of the best is:
[14:34] {Threei} [08:41] {magoo} jhdfgdngf
[14:34] {GeoArb} ahh comeon
06[14:35] * GeoArb slaps Threei around a bit with a large trout
06[14:35] * magoo slaps GeoArb around a bit with a large trout
[14:35] {Threei} FED'S STERN: CANNOT LET FIRMS LIKE FNM OR FRE FAIL
[14:35] {Threei} careful
[14:35] {GeoArb} again?
[14:35] {GeoArb} why me magoo?
[14:36] {Threei} who knows what they say in the heat of jawboning
[14:37] {magoo} why not??
[14:39] {GeoArb} true
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
[14:39] {GeoArb} hmm dino isnt here
[14:40] {GeoArb} ok thats wierd....i selected laserdave
[14:40] {GeoArb} trout got stuck
[14:40] {Threei} in what???
[14:40] {GeoArb} i guess this needs practice
[14:40] {Threei} dave... fess up
[14:41] {GeoArb} in the beer bottle?
[14:41] {Threei} OK, I better shut up
[14:41] {Threei} 12 jokes in my head, and none of them is kosher
[14:41] {GeoArb} yup
[14:41] {GeoArb} i thought i had a nice save
[14:42] {Threei} - Stern adds these firms must be addressed in a calmer market, notes higher concern over FNM FRE despite Treasury support.
[14:42] {Threei} - Fed's actions in regards to the GSEs and Bear Sterns are adequate{FNM FRE}
[14:46] {Threei} - Notes that this is not the right time to shut down FNM & FRE
[15:08] {Threei} sooo tempted to short FNM again
[15:09] {magoo} as doc holiday{val kilmer version} would say"say when"
[15:10] {Threei} hoped for one more try at .50 and failure, but it dropped
[15:10] {Threei} waiting for now, don't want to chase
[15:16] {hawkfan4} out USO +2
[15:16] {patience} very nice
[15:16] {Threei} WTG
[15:17] {Threei} even though very unpatriotic
[15:17] {hawkfan4} :) thx. 10:1
[15:17] {Threei} lol
[15:17] {fernp} very good job
[15:17] {Threei} disgusting really
[15:17] {hawkfan4} lol
[15:17] {Threei}
3,0 Attention: : hawkfan doesn't leave any money in the market for anyone else
06[15:18] * magoo slaps hawkfan4 around a bit with a large trout
[15:18] {Threei}
Long Setup:
0,3 VPHM .41 if stays above .35 and market turns up
[15:24] {Threei} in .36, aggressively
[15:24] {Threei} ridiculously tight stop
[15:24] {Threei} .33 or so
[15:25] {Threei} just don't want to give anything back
[15:27] {Onix} in @ $14.38
[15:33] {Threei} trailing stop to .34
[15:33] {Threei} lol
[15:33] {magoo} am i chasimng here?
[15:34] {Threei} don't enter into downticking market
[15:34] {Threei} if NQ reverses, grab it
[15:34] {Threei} but don't count on much, this is just a little scalp
[15:35] {Threei} with stop tighter than 34 size jeans on 40-sezed waist after big dinner
[15:37] {Threei} OK NQ
[15:38] {Threei} break 1910, jump and pull VPHM with you
[15:38] {Threei} broke
[15:38] {Threei} .38 finally gave up
[15:39] {Threei} I have 1:2
[15:39] {Threei} lol
[15:39] {Threei} half out .45
[15:40] {Threei} cute little trade
[15:40] {Threei} no stress whatsoever
[15:43] {Threei} NQ goes 10 points up from the moment of our long... can you say well timed entry?
[15:43] {Threei} well... you could if you weren't asleep
[15:43] {magoo} oput hwere .49 TY
[15:44] {Threei} :)
[15:44] {patience} magoo aces it again :)
[15:44] {magoo} have u noticed an imprtovemebt in my spellinhk vad??
[15:44] {Threei} dephinetili
[15:45] {Threei} a hole lot of empruvement
[15:46] {dptl} lol....have a good evening all:)
[15:46] {Threei} take care dp :)
[15:47] {magoo} u 2 dop:)
[15:47] {dptl} dop...lol
[15:47] {magoo} oops roflol
[15:47] {Threei} zat's maguu's emproowement
[15:51] {Threei} you have 8 minutes to impress me, VPHM
[15:55] {Onix} Thanks for a beautiful trade in VPHM Vad ... out @ 14.54
[15:55] {Threei} wtg
[15:55] {Threei} nice and easy eh?
[15:55] {Threei} btw... I have a new headset and am ready to try Dragon next week probably
[15:55] {Onix} unbelievable!
[15:55] {Threei} so if you see something like mgjksoturnakfntoie, you know where it's coming from
[15:55] {Threei} out VPHM in full
[15:55] {Threei} .62
[15:56] {magoo} NICE
[15:56] {Threei} plus something nice
[15:56] {Onix} you're the champ!
[15:56] {magoo} easy button worthy
[15:56] {Threei} as long as no a chimp...
[15:56] {Threei} not a
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening
[15:56] {Onix} Thnx bye
[15:56] {peterg} bye all
[15:56] {Threei} see you all tomorrow
[15:57] {hawkfan4} thx vad
[15:58] {magoo} TY vad
[16:00] {fernp} see you. TY
[08:19] {Threei} 07:23am [LEH] Price Target lowered to $28 from $45 at Bernstein; Maintains market perform rating
[08:19] {Threei} [LEH] Lehman Brothers Holdings Inc Reportedly Goldman cuts earnings estimates for brokerage firms (timing uncertain)
[08:19] {Threei} - Goldman cuts JPM Q3 EPS estimate to $0.40 from $0.64 (consensus estimate is $0.51e)
[08:19] {Threei} - Goldman cuts LEH 2008 EPS estimate to -$9.65 from -$2.10 (consensus estimate is -$3.17e)
[08:19] {Threei} - Goldman cuts MS Q3 EPS estimate to $0.85 from $1.10 (consensus estimate is $0.88e)
[08:20] {Threei} these GS cuts from yesterday after hours
[08:21] {hawkfan4} good morning
[08:21] {Threei} good morning :)
[08:21] {Threei} may I make little confession?
[08:21] {hawkfan4} yes
[08:22] {Threei} couldn't resist and took LEH short on the close,
[08:22] {Threei} then saw afterhours drop and covered 12.60
[08:22] {Threei} glad I did both, lol
[08:23] {hawkfan4} :) nice. i took it too, but only covered a part after hours at .65. was hoping for a big morning drop
[08:23] {Threei} haha... I knew it
[08:24] {Threei} not sure why it's floating still this morning, the wight on its ankles is enormous
[08:24] {Threei} weight
[08:24] {Threei} but financials behaved against all logic way too opften over last months
[08:25] {Threei} and I am trained to see "against the logic" behavior as an opportunity to go against the crowd that follows obvious
[08:25] {Threei} so I am torn here
[08:25] {hawkfan4} yeah , i was just thinking about that too. hard to imagine it wants to rally, but hmmm
[08:25] {Threei} can't see LEH, FNM etc as long
[08:26] {Threei} and can't stay short against all my conditioning
[08:29] {brian3579} gm
[08:30] {Threei} brian :)
[08:30] {Threei} SATC
[08:30] {Threei} TO POWER NORTH AMERICA'S LARGEST SINGLE ROOFTOP SOLAR ARRAY
[08:31] {Threei} when zI went to Costco to replenish the content of the fridge after vacation, saw interesting thing
[08:32] {Threei} big solar panel
[08:32] {Threei} $299
[08:32] {Threei} tried to remember its parameters to look up what it can do
[08:33] {Threei} but managed to remember them just long enough to forget before I got to the pen and paper
[08:33] {cosmo} 15W prolly..
[08:33] {hawkfan4} interesting, i have to hut costco soon, i'll look for it.
[08:33] {Threei} expected for a while these things to start appearing on a consumer level and becoming more and more useful and cost-effective
[08:34] {Threei} please let me know hawk, I don't expect myself to be there for couple of weeks
[08:34] {Threei} signage on the box said,
[08:34] {hawkfan4} i will
[08:34] {Threei} can provide backup power in case of outage
[08:35] {Threei} charge a lot of portable devices
[08:35] {Threei} in both 12 or 110 V
[08:35] {Threei} umm... in either
[08:35] {Threei} :)
[08:36] {Threei} it has a metal stand for the panels
[08:41] {magoo} jhdfgdngf
[08:42] {Threei} I hate to disagree
[08:42] {Threei} but I am prfetty sure it's jhdfgdingknflit
[08:43] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11298029&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=7&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:43] {Threei} this is it cosmo, I think
[08:44] {cosmo} or its close..
[08:44] {Threei} I had an impression there were three panels, not four
[08:44] {Threei} but can be mistaklen
[08:44] {Threei} afrter all, I was there after food, empty fridge etc, hard to focus
[08:44] {Threei} 60W
[08:44] {Threei} fairly decent, no?
[08:45] {cosmo} small appliances, it says
[08:47] {cosmo} if you pay a little more....
[08:48] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11248624&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=9&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:48] {Raven}
3 Have friend who spent $13K out of pocket (grants and tax rebates funded rest of $40K total cost)
[08:49] {Raven}
3 he pumps power back into grid all summer
[08:49] {Raven}
3 in Oregon
[08:49] {Raven}
3 figures it'll pay back in 10 years
[08:49] {Threei} do economics work overall for him?
[08:49] {Threei} oh
[08:49] {Raven}
3 loves to watch electric meter spin BACKWARD
[08:50] {Raven}
3 rofl
[08:50] {Threei} yeah, that must be fun
[08:50] {cosmo} it beats having a swimming pool...
[08:50] {Threei} although in old times USSR people did that with two wires hooked to meatl heating radiator
[08:50] {Raven}
3 and Oregon has less than sunny winter season
[08:50] {Threei} murmuring "the state is us"
[08:51] {Raven}
3 lol
[08:51] {Raven}
3 also Oregon is quite generous with grants and tax rebates
[08:52] {Raven}
3 each state is different I think
[08:57] {cosmo} some are more photosynthetic than others...
[08:57] {Raven}
3 you bet
[08:58] {magoo} vad, u got sec
[08:58] {cosmo} AZ should lead
[08:58] {Raven}
3 CA too
[08:58] {Raven}
3 southern CA
[08:58] {Raven}
3 San Diego
[08:58] {Onix} Good morning!
[08:59] {cosmo} Sempra not as friendly as PG&E
06[09:00] * magoo slaps Threei around a bit with a large trout
[09:00] {Raven}
3 Oh ... another variablr
[09:00] {Raven}
3 variable
[09:00] {cosmo} SDG&E and SCE need to wake up
[09:01] {Threei} mags?
[09:01] {magoo} i lost my scanner window stocks down pre mkt, cant remember how to recreate it
[09:03] {Threei} rta://NewAlertWindow/?O=4000000000000000000000000000000_1D_0&MaxFCP=-5&MinVol=200000&WN=Stocks+Down+Big+in+Pre+Market+Trading
[09:03] {Threei} right click - configure - standard strategies
[09:04] {Threei} or
[09:04] {Threei} right click - configure - recent settings
[09:04] {cosmo} CSUN
[09:04] {GeoArb} gm
[09:04] {Threei} Geo :)
[09:05] {magoo} i see prop standard rececent
[09:05] {magoo} oh wait
[09:06] {pita} gm all
[09:07] {Threei} pita :)
[09:07] {magoo} thanx boss
[09:07] {Threei} always
[09:08] {Threei} ummm... sometimes
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:10] {fernp} Good morning all
[09:10] {magoo} so easy and i totally forgot how to create new window..sigh
[09:11] {Threei} fern :)
[09:12] {tomg} good morning
[09:13] {Threei} tom :)
[09:15] {esemde} good M...
[09:15] {Threei} ese :)
[09:18] {Threei} I don't have much for the open
[09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:19] {Threei} also we have oil inventories today
[09:20] {Threei} so at some point UAUA should get active
[09:25] {Threei} Warren Buffet and Bill Gates are in Alberta overviewing oilsands industry
[09:26] {cosmo} once they clean that sand, they can make solar panels
[09:26] {dptl} good morning all
[09:26] {Threei} dp :)
[09:27] {peterg} gmng
[09:27] {Threei} peter :)
[09:28] {Threei} solars were strong yesterday and are gapping up this morning
[09:28] {Threei} not sure if that's a sector in play...
[09:28] {Threei} they have this feel of stalled bread
[09:28] {Threei} or flat beer
[09:28] {hawkfan4} 09:26 SOL ReneSola initiated with a Buy at Merrill- tgt $30 (17.49 ) -Update
[09:29] {GeoArb} tan
[09:29] {Threei} should be scalpable I guess
[09:29] {Threei} thin trader
[09:29] {GeoArb} yeah :9
[09:29] {GeoArb} just for trend
[09:31] {cosmo} SOLF holding 17 ...so far
[09:32] {Threei} SOL .15 long if holding above 18
[09:34] {Threei} semi-aggresive entry, if .10 gets taken
[09:36] {Threei} offer half at .27 - .30
[09:36] {Threei} feels more than a scalp to me
[09:37] {Threei} out half at .29
[09:37] {magoo} wait .45
[09:38] {fernp} out here. thanks Vad
[09:38] {Threei} offer 1/4 more at .45
[09:38] {Threei} welcome
[09:39] {Threei} 1/4 more out
[09:39] {peterg} I see--SOL is not SOLF
[09:39] {GeoArb} :)
[09:39] {magoo} out ty boss .45
[09:39] {Threei} now, your choice:
[09:39] {Threei} offer last portion around .60
[09:39] {Threei} or just try to ride it
[09:40] {tomg} thanks vad
[09:40] {Threei} tom :)
[09:40] {Onix} Out SOL for +.48, thanks Vad!
[09:40] {Threei} welcome sir
[09:40] {Onix} sorry .. out at .48 = 34c
[09:41] {Threei} what's 12 cents between friends
[09:41] {Threei} umm... 14
[09:41] {Threei} lol
[09:41] {Onix} exciting!
[09:42] {Threei} another day in the office...
[09:42] {Threei} look at LEH morning spikes both ways
[09:42] {Threei} [09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:42] {Threei} that was some morning rush to wait out eh?
[09:42] {GeoArb} cnq?
[09:43] {Threei} no read here Geo, sorry
[09:43] {Threei} mags, you are all out or holding any?
[09:44] {magoo} all out
[09:44] {Threei} k
[09:45] {Threei} NCOC interesting daily
[09:45] {Threei} but Roman has better feel for this one
[09:46] {tomg} EXP vad?
[09:46] {Threei} volatile like hell...
[09:46] {Threei} strong momo but very hard to control risk
[09:47] {Threei} MER
[09:47] {Roman}
21 TXCO interesting but very thin
[09:47] {Threei} .25 short if stays below .30
[09:50] {Threei} US TREASURY REPORTEDLY IN COMMUNICATION WITH GSES AND REGULATORS, BUT A FRE MEETING IS YET TO BE CONFIRMED
[09:50] {Threei} {FNM FRE}
[09:51] {Threei} stopped MER
[09:52] {Threei} picked wrong financial for short, FNM was much better
[09:52] {Threei} told ya it's bottomless
[09:53] {Onix} stopped MER
[09:54] {magoo} me too
[09:57] {Threei} pains me to say... but LEH starts looking like long
[09:57] {Threei} if holding above 13
[09:57] {Threei} hard to pick entry, not much to indicate it
[09:57] {Threei} if you like, just grab it here
[09:57] {Threei} stop is tight enough
[09:58] {esemde} long NVDA 13.62
[09:59] {esemde} went long as it crossed the open print
[09:59] {magoo} mkt feels like rally
[09:59] {Threei} LEH went to 1:2 in a hurry from .10 entry
[10:00] {Threei} feels not done yet
[10:00] {Threei} don't chase if you haven't taken it close to 13
[10:00] {Threei} it's a day for safe entries with tight stops
[10:03] {magoo} leh bounce entry vad?
[10:03] {Threei} late
[10:03] {Threei} impossible to call in time
[10:03] {magoo} as i typed it was .90
[10:03] {Threei} either you are ready and grab it as it occurs or let it go
[10:04] {esemde} pick a solar...any solar....they almost all green on my solar screen....
[10:07] {Threei} for the record, I don't expect today to be very generous on trading opportunities
06[10:07] * magoo slaps Threei around a bit with a large trout
[10:07] {Threei} although oil inventories may provide something
[10:07] {Threei} but it's August after all
[10:07] {magoo} watcjh uso as a long
[10:07] {Threei} and:
[10:07] {magoo} not in
[10:07] {Threei} ·“Don't be seduced into thinking that that which does not make a profit is without value.” - Authur Miller
[10:08] {peterg} wow
[10:08] {esemde} long STP .51 1/2 lot
[10:08] {Threei} observing these moves is invaluable education
[10:08] {tomg} cnq on pullback?
[10:08] {magoo} u in leh?
[10:08] {Threei} me no
[10:09] {magoo} u like it?
[10:09] {Threei} CNQ, hmm
[10:09] {Threei} I would prefer deeper pullback on it
[10:09] {tomg} ty
[10:09] {magoo} k
[10:09] {Threei} around 82 or even lower
[10:09] {tomg} k
[10:10] {Threei} LEH 13.01 mags
[10:10] {Threei} with 12.89 stop
[10:10] {magoo} in vad
[10:11] {Threei} 1:2 like there is nothing to it
[10:11] {Onix} Had it like that for a while now: in @13.02 & stop 12.89
[10:11] {esemde} out STP .75 +.24
[10:11] {Threei} don't oversit them
[10:11] {Threei} 1:2 is good
[10:11] {Threei} beautiful one ese
[10:12] {esemde} exactly
[10:12] {esemde} tks
[10:12] {Threei} 1:3
[10:12] {magoo} out LEH .30 TY boss
[10:12] {Threei} welcome
[10:12] {Threei} 1:4
[10:13] {Threei} if you don't profit from it and let it go negative on you, don't ever talk to me again
[10:13] {Threei} I'll pretend I don't know you
[10:13] {Threei} Onix, you took it?
[10:13] {hawkfan4} that was nice, thx :)
[10:13] {Onix} got +.32 LEH thnx Vad
[10:13] {esemde} nice move stp
[10:13] {Threei} hawk :)
[10:14] {Threei} wtg guys
[10:14] {magoo} u da man, er, um lil dude vad:)
[10:15] {Threei} realize that you are profiting in an easy and safe way day after day in what is labeled by most as one of the most difficult markets in theirlifetime
[10:15] {Threei} NVDA goes for you ese
[10:15] {esemde} am liking it....
[10:17] {esemde} will be out 1/2 soon....let the rest ride
[10:17] {Threei} 20 min till oil numbers
[10:17] {Threei} PREVIEW: DOE AND API PETROLEUM INVENTORIES DUE AT 10:35AMET.
[10:17] {Threei} **consensus expectations:
[10:17] {Threei} Crude: +1Me
[10:17] {Threei} Gasoline: -2.8Me
[10:17] {Threei} Distillate: +750Ke
[10:17] {Threei} Utilization: 86.3%e
[10:17] {Threei} *crude inventories expected to rise as shipments that were delayed by Tropical Storm Eduoard began to arrive last week.
[10:17] {Threei} [09:57] {Threei} pains me to say... but LEH starts looking like long
[10:18] {Threei} pains me even more to say I was right, lol
[10:18] {esemde} NVDA out 1/2....+.25
[10:18] {magoo} you are like dr. smith.."the pain the p[ain"
[10:18] {GeoArb} wow
[10:19] {GeoArb} educated lot here
[10:19] {Threei} well, my philosophy is "no pain - good!"
[10:19] {GeoArb} damn
[10:19] {GeoArb} its a movie
[10:19] {GeoArb} series
[10:20] {Threei} FNM
[10:20] {Threei} CEO: COMPANY HAS MORE CAPITAL THAN IT HAS EVER HAD IN ITS HISTORY - RADIO INTERVIEW
[10:20] {Threei} I have just one question
[10:20] {Threei} whos cash is that?
[10:20] {GeoArb} ok that hut vad
[10:20] {fernp} out half BEXP +.20
[10:21] {GeoArb} it isnt the canadians that i can tell ya
[10:21] {Threei} also, if so,
[10:22] {Threei} why are we continuing to hear about this or that form of nationalizing them, rendering common wtock worthless etc
[10:22] {tomg} in cnq 82.08
[10:22] {tomg} out .48
[10:22] {Threei} nonetheless, nice spike FNM
[10:23] {peterg} cuz their ceo's are lying @@@'s?
[10:23] {Threei} wow tom
[10:23] {Threei} patience paid off eh? waited for 82
[10:23] {esemde} CNQ looks real good tom
[10:23] {tomg} ty on pb advice :)
[10:23] {Threei} always
[10:23] {Threei} I mean, sometimes
[10:23] {tomg} :)
[10:23] {GeoArb} sniff cnq
[10:24] {esemde} still movin STP
[10:24] {GeoArb} [09:42] {GeoArb} cnq?
[10:25] {esemde} didn't there use to be an oil product called STP....maystill is don't know
[10:25] {Threei} [09:43] {Threei} no read here Geo, sorry
[10:25] {GeoArb} :)
[10:25] {GeoArb} i guess tomg is a self starter heheheh
[10:26] {Threei} we exchanged on it later Geo
[10:26] {GeoArb} and off course i missed
[10:26] {Threei} after CNQ moved more and started pulling back
[10:26] {Threei} [10:08] {tomg} cnq on pullback?
[10:26] {Threei} [10:09] {Threei} CNQ, hmm
[10:26] {Threei} [10:09] {Threei} I would prefer deeper pullback on it
[10:26] {Threei} [10:09] {tomg} ty
[10:26] {Threei} [10:09] {magoo} k
[10:26] {GeoArb} yup see it now
[10:27] {GeoArb} sniff.... i need more coffee
[10:27] {Threei} [10:09] {Threei} around 82 or even lower
[10:27] {Threei} [10:09] {tomg} k
[10:27] {Threei} bottomed out at 81.87
[10:27] {GeoArb} hey vad you still using one min charts?
[10:28] {Threei} yes why?
[10:28] {GeoArb} just curious
[10:28] {GeoArb} i sometimes like 2 min better or 5
[10:28] {Threei} why not
[10:28] {Threei} there is no better or worse way
[10:28] {Threei} there is one that works for you
[10:28] {GeoArb} just trying ot
[10:28] {GeoArb} makes me hold longer
[10:29] {peterg} interesting
[10:29] {Threei} of course it does
[10:29] {GeoArb} problem is cant go full lot on that
[10:30] {Threei} it's not a problem... it's direct outcome of risk/reward equation
[10:30] {GeoArb} yeah that sounds better :)
[10:33] {tomg} cnq going for hod
[10:33] {GeoArb} oil out yet?
[10:33] {GeoArb} i am on my hands
[10:34] {Threei} 2 min
[10:34] {Threei} 1
[10:35] {GeoArb} mdt nice
[10:35] {Threei} DOE CRUDE: +9.4M V +1ME;
[10:35] {Threei} GASOLINE: -6.2M V -2.8ME; DISTILLATES: +480K V +750KE; UTILIZATION: 85.7% V 86.3%E
[10:35] {Threei} *API Inventory:
[10:35] {Threei} - Crude Inventories: +12.4M
[10:35] {Threei} - Gasoline: -1.9
[10:35] {Threei} - Distillate: +300K
[10:36] {GeoArb} yup cnq dropped
[10:36] {GeoArb} hahahahaha
[10:36] {tomg} yup, follows oil
[10:36] {GeoArb} canadian national res
[10:36] {magoo} uaua responded
[10:36] {GeoArb} i thought restaurant
[10:36] {GeoArb} i checked
[10:36] {GeoArb} oops
[10:37] {GeoArb} is national resource......i need to read up
[10:37] {tomg} :)
[10:37] {esemde} if the NDX breaks above 1921.99....skys the limit today
[10:38] {Threei} http://www.cnrl.com/
[10:38] {Threei} Canadian Natural Resources
[10:38] {GeoArb} yeah
[10:38] {GeoArb} mm just says canadian nat res
[10:39] {GeoArb} but i found a cool thing... if i double click the mm.... it opens the google finance for it
[10:39] {Threei} what's mm?
[10:39] {GeoArb} market meker LII box
[10:39] {Threei} ah
[10:40] {tomg} don't see mm box Geo
[10:40] {GeoArb} its funny.... at 10:31 UAUA was breaking lows at twice normal volume
[10:40] {GeoArb} cant just do scanner.....news matters
[10:41] {Threei} well, oil numbers propped a move
[10:41] {GeoArb} yup
[10:41] {Threei} and UAUA is oil-dependent mover
[10:41] {GeoArb} i was thinking if i wasnt in this room i would be short hehehehe
[10:41] {GeoArb} but then i wouldnt have a scanner !
[10:42] {Threei} rofl
[10:42] {GeoArb} lol
[10:42] {tomg} Geo, you talking about mm box on LII in Laser?
[10:42] {GeoArb} no my broker
[10:42] {Threei} well... being in the room saved you from 1 dollar move against you
[10:42] {tomg} ah, ok
[10:42] {GeoArb} yup
[10:45] {Threei} have a look at VPHM
[10:46] {hawkfan4} looking
[10:46] {Threei} serious relstive strength, makes new 52 weeks highs
[10:46] {Threei} just broke 14 resistance on daily
[10:47] {Threei} not sure I have a call on it at this moment
[10:47] {Threei} mentioning it for thiose of you who see it as a play
[10:49] {GeoArb} vad i am curious..
[10:49] {GeoArb} any reason you dont play gap fill/ gap and go setups?
[10:50] {Threei} I like them
[10:50] {Threei} I just don't actively scan for them
[10:50] {GeoArb} do you scan for them?
[10:50] {GeoArb} hhe
[10:50] {Onix} missed on VPHM
[10:50] {Threei} simply no room for more scans I guess :)
[10:50] {GeoArb} yeah
[10:50] {Threei} but if I stumble onto one of those while surfing, I do like them
[10:50] {Threei} if you scan for them, feel free to share
[10:51] {esemde} you have alot of screens Vad...what is your favorite
[10:51] {GeoArb} i am developing a scan bt would off course need your guidance on how to play em
[10:51] {GeoArb} i like gap and go better than gap fill
[10:51] {Threei} I don't have favorite really ese
[10:52] {esemde} if you had to choose...which one would it be
[10:52] {Threei} hmmm
[10:52] {esemde} putting you on the spot i know
[10:52] {Threei} it changes with market///
[10:52] {Threei} some work better in one type of market, some are in another
[10:53] {GeoArb} anyone take vphm?
[10:53] {Threei} so my answer today may be different from my answer tomorrow
[10:53] {fernp} me
[10:53] {GeoArb} makes sense
[10:53] {GeoArb} i missed but looks good
[10:53] {esemde} indeed.......
[10:53] {Threei} and you will say I am a flip flop worse than presidenatila candidates
[10:54] {tomg} TWB
[10:55] {tomg} ?
[10:55] {GeoArb} mdt vad?
[10:57] {fernp} out VPHM +.18 thanks Vad
[10:57] {Threei} MDT is a bit too narrow for this price range
[10:57] {Threei} fern :)
[10:57] {Threei} TWB, not sure
[10:57] {GeoArb} OK
[10:57] {Threei} this kind of setup I'd be happy to see an hour ago
[10:57] {Threei} now it can easilt to just stall
[10:58] {tomg} ty
[10:58] {esemde} GO NVDA BABYYYYYYYYY!!!!!!!!
[10:59] {magoo} [09:59] {magoo} mkt feels like rally
[10:59] {esemde} i'll second that
[11:00] {esemde} not only feels like....IS.....
[11:01] {tomg} ty for help, vad, have a nice day everyone
[11:02] {Threei} take care tom, good job
[11:02] {tomg} :)
[11:06] {GeoArb} off to work.... thanks
[11:06] {Threei} take care Geo
[11:07] {dptl} pdli?
[11:08] {Threei} not really lunch time setup,
[11:08] {Threei} may go slowly if market continues climbing
[11:09] {dptl} ah ..ty...got .46 to try..:)
[11:10] {tomg} just one more thing before i go....i want to apologize to laserdave in front of the whole group....i posted negative comments about him a while back.......when he was trying his best to help me
[11:10] {tomg} i was panicking and took it the wrong way
[11:10] {dptl} stop under .39 pdli
[11:11] {tomg} maybe you want to edit this out, vad, but i never will feel right until i get it said that i'm sincerely sorry
[11:11] {Threei} who is laserdave?
[11:11] {tomg} man :)
[11:11] {Threei} :)
[11:11] {Threei} I notice him when he is here and I am in the truot-slapping mood
[11:11] {Threei} (which I always am)
[11:12] {tomg} i apologized to him personally, of course
[11:12] {Threei} I think it's all long forgotten tom
[11:12] {Threei} little trout between friends, whatever
[11:12] {tomg} thanks, vad :)
[11:13] {magoo} trout????
06[11:13] * magoo slaps Threei around a bit with a large trout
[11:13] {Threei} ugh
[11:14] {Threei} I walked right into it... knew how dangerous it was to even mention fish in magoo's poresence
[11:14] {fernp} again out of VPHM +.12
[11:15] {Threei} lol
[11:15] {Threei} this is not nice fern
[11:15] {Threei} I di not mention it for you to bludgeon it
[11:16] {Threei} scalp it one thing... but you are dismembering it
[11:16] {fernp} lol
[11:16] {fernp} easy money
[11:16] {Threei} favorite kind
[11:16] {fernp} mine too
[11:24] {hawkfan4} kinda like UAUA over 13 with a stop .84, or short under .85, depends on oil's next move
[11:28] {magoo} vad, kinda looking for pullback short scalps here
[11:32] {Threei} pretty much USO dependent mags
[11:32] {Threei} if it continues down, market is likely to continue climbing
[11:39] {magoo} ok, just a thought
[11:47] {Threei} aimless wandering
[12:03] {Threei} SOLF is still climbing... can't bring myself to play it
[12:04] {hawkfan4} was just looking at solf, watching SOL again. It's basically SOLF without the F
[12:05] {magoo} brb
[12:10] {hawkfan4} trying USO .60, stop under .40
[12:32] {hawkfan4} SOL .40, stop under .24
[12:33] {fernp} out PDLI +.10
[12:34] {hawkfan4} gj
[12:40] {hawkfan4} USO stop to .64
06[12:44] * Threei slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
[12:44] {Chaeron} that last one was for magoo... he's away for a sec
[12:45] {dptl} team work eh:)
06[12:47] * magoo slaps laserdave1 around a bit with a large trout
[12:47] {magoo} thanx charbro
[12:47] {Chaeron} gotchr back bro
[12:55] {laserdave1} why thanks
[12:56] {GeoArb} hey dave dcc pls
[13:05] {GeoArb} .
[13:06] {Threei} very very fine point
[13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:20] {magoo} vad, my question on mt
[13:20] {magoo} mt=mkt
[13:20] {Threei} [13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:21] {magoo} u sdtalkin anything anywhere anytime anyhow?
[13:21] {Threei} yes
[13:21] {Threei} I made this mistaake of aiming laser pointer at the wall
[13:21] {Threei} not I am stalking the red dot
[13:21] {Chaeron} oh geesh
[13:22] {Threei} not = now
[13:32] {Threei} (RU) RUSSIA FOREIGN MINISTRY: US-POLAND MISSILE DEAL HAS ESTABLISHED AN ARMS RACE IN EUROPE
[13:32] {Threei} - Russian protests will include more than diplomatic statements in response to missile shield program
[13:32] {Threei} - US missile shield plan is part of a very dangerous group of military projects
[13:32] {Threei} welcome to new cold (and we can hope only cold) war
[13:34] {Threei} LDK is intriguing
[13:41] {GeoArb} well about that .....
[13:41] {GeoArb} we go here and keep prodding the bear
[13:41] {GeoArb} what do you think is gonna happen?
[13:41] {magoo} ldk is the crazy one right vad?
[13:53] {hawkfan4} .
[13:56] {Threei} sorry guys, had urgent errand
[13:56] {Threei} it is mags
[13:56] {Chaeron} you were gone?
06[13:57] * Threei slaps Chaeron around a bit with a large trout
06[13:57] * magoo slaps Chaeron around a bit with a large trout
[13:57] {Threei} well Geo... IMO, this is the bear that is not going to lay down and sleep quietly even if you don't prod it
[14:07] {esemde} have a great rest of the day all.....am heading in too work...got classes to prepare for
[14:07] {Threei} FNM... 4.73 becomes a shart trigger
[14:07] {Threei} take care ese :)
[14:07] {esemde} see ya vad
[14:08] {Threei} PIMCO'S GROSS: CURRENT STOCK PRICES FOR GSES INDICATE MARKET PRICING STOCKS AT ESSENTIALLY ZERO - CNBC COMMENTS
[14:08] {Threei} {FNM FRE}
[14:08] {Threei} hmm?
[14:08] {Threei} zero is zero
[14:08] {Threei} I see FNM at 4.80
[14:09] {Threei} if it's all the same to Cross, I am w'illing to short here under his agreement to sell it back to me at zero
[14:10] {hawkfan4} sounds fair
[14:10] {magoo} are u shorting it here?
[14:10] {Threei} yes
[14:10] {Threei} got .74
[14:10] {Threei} .85 stop
[14:12] {magoo} in .66
[14:12] {Threei} wow
[14:12] {Threei} why so much chasing?
[14:12] {magoo} thats where it was when i asked
[14:12] {Threei} [14:07] {Threei} FNM... 4.73 becomes a short trigger
[14:13] {magoo} oops
[14:16] {GeoArb} so i have been thinking vad
[14:16] {GeoArb} :)
[14:16] {Threei} hurt?
[14:16] {magoo} oy
[14:16] {GeoArb} how about a scrpt so that when you make a call it starts with ALERT!!
[14:16] {Threei} over 1:1 FNM
[14:17] {Threei} it means additional typing geo
[14:17] {magoo} ggggggggggtttrt
[14:17] {GeoArb} problem is it will say alert even when you make your jokes
[14:17] {GeoArb} no it will insert it automatically
[14:17] {GeoArb} a script
[14:17] {GeoArb} only for you
[14:17] {GeoArb} so sleeperrs like me and magoo dont miss
[14:17] {GeoArb} :0
[14:17] {Threei}
JBE Setup:
0,3 TEST 20
[14:17] {GeoArb} seeee
[14:17] {Threei}
Long Setup:
0,3 TEST 20
[14:18] {Threei}
Short Setup:
0,4 TEST 20
[14:18] {GeoArb} you have stuff hidden
[14:18] {Threei}
DBI Setup:
0,4 TEST 20
[14:18] {GeoArb} hmmmm
[14:18] {GeoArb} this is beautifull
[14:18] {magoo} symbiol??TEST not coming up
[14:18] {GeoArb} what do you think guys?
[14:19] {Threei} told ya FNM was bottomless
[14:19] {magoo} [14:18] {magoo} symbiol??TEST not coming up
[14:19] {patience} if you need it geo......
[14:19] {magoo} isTEST on bulletin board??
[14:19] {Threei} scalpers have almost 1:3 FNM
[14:20] {Chaeron} might be a pink sheet mags :)
[14:20] {magoo} magoos patented 2-230 smackdown here
[14:20] {GeoArb} it keeps him loud and separate from all the riffraff talk like mine
[14:20] {Threei} and you seriously think anything that makes me louder is a good thing?
[14:21] {GeoArb} only for calls vad
[14:21] {GeoArb} only for calls
[14:21] {GeoArb} hmmmm only for calls
[14:21] {magoo} hgow about fatter??
[14:21] {GeoArb} thats my secret shame so wont go there
[14:21] {GeoArb} california.... its the cheese
[14:22] {magoo} and happy cows
[14:22] {GeoArb} so vad.... how much moe do you have to type to pull those alert up?
[14:22] {Threei} not much actually
[14:22] {Threei} I just need to remember :)
[14:22] {GeoArb} would you consider it?
[14:22] {Threei} sure
[14:23] {Threei} woohoo FNM
[14:23] {GeoArb} that way y roving eyes have an anchor
[14:23] {magoo} and U criticize my entry
[14:23] {Threei}
3,0 Attention: FNM is a POS
[14:23] {GeoArb} lol
[14:23] {hawkfan4} lol!
[14:23] {Threei} it's coming back to me
[14:23] {GeoArb} from the go go 90s?
[14:24] {Threei} I guess
[14:24] {magoo} out .33
[14:25] {hawkfan4} there goes oil
[14:25] {magoo} feels like into 3's
[14:25] {Onix} POS?
[14:25] {GeoArb} piece of sugar
[14:26] {Threei} ummm
[14:26] {Threei}
3,0 Attention: GEO is sugarcoating thing
[14:26] {magoo} i thiought it was "per order shares"
[14:27] {GeoArb} ummm vad
[14:27] {Threei} hehe
[14:27] {GeoArb} lol
[14:28] {GeoArb} wo fnm
[14:28] {GeoArb} going to 0
[14:29] {GeoArb} 150 mill vol today
[14:31] {magoo} vad, u ignoring my best material here
[14:32] {Threei} as in?
[14:32] {GeoArb} 11:27] {magoo} i thiought it was "per order shares"
[14:33] {Threei} this is your best??
[14:33] {Threei} come on... I know better than that
[14:33] {Chaeron} there's a really thin book "Magoo's Best Material from RT Room"
[14:33] {magoo} :)
[14:34] {Threei} and best of the best is:
[14:34] {Threei} [08:41] {magoo} jhdfgdngf
[14:34] {GeoArb} ahh comeon
06[14:35] * GeoArb slaps Threei around a bit with a large trout
06[14:35] * magoo slaps GeoArb around a bit with a large trout
[14:35] {Threei} FED'S STERN: CANNOT LET FIRMS LIKE FNM OR FRE FAIL
[14:35] {Threei} careful
[14:35] {GeoArb} again?
[14:35] {GeoArb} why me magoo?
[14:36] {Threei} who knows what they say in the heat of jawboning
[14:37] {magoo} why not??
[14:39] {GeoArb} true
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
[14:39] {GeoArb} hmm dino isnt here
[14:40] {GeoArb} ok thats wierd....i selected laserdave
[14:40] {GeoArb} trout got stuck
[14:40] {Threei} in what???
[14:40] {GeoArb} i guess this needs practice
[14:40] {Threei} dave... fess up
[14:41] {GeoArb} in the beer bottle?
[14:41] {Threei} OK, I better shut up
[14:41] {Threei} 12 jokes in my head, and none of them is kosher
[14:41] {GeoArb} yup
[14:41] {GeoArb} i thought i had a nice save
[14:42] {Threei} - Stern adds these firms must be addressed in a calmer market, notes higher concern over FNM FRE despite Treasury support.
[14:42] {Threei} - Fed's actions in regards to the GSEs and Bear Sterns are adequate{FNM FRE}
[14:46] {Threei} - Notes that this is not the right time to shut down FNM & FRE
[15:08] {Threei} sooo tempted to short FNM again
[15:09] {magoo} as doc holiday{val kilmer version} would say"say when"
[15:10] {Threei} hoped for one more try at .50 and failure, but it dropped
[15:10] {Threei} waiting for now, don't want to chase
[15:16] {hawkfan4} out USO +2
[15:16] {patience} very nice
[15:16] {Threei} WTG
[15:17] {Threei} even though very unpatriotic
[15:17] {hawkfan4} :) thx. 10:1
[15:17] {Threei} lol
[15:17] {fernp} very good job
[15:17] {Threei} disgusting really
[15:17] {hawkfan4} lol
[15:17] {Threei}
3,0 Attention: : hawkfan doesn't leave any money in the market for anyone else
06[15:18] * magoo slaps hawkfan4 around a bit with a large trout
[15:18] {Threei}
Long Setup:
0,3 VPHM .41 if stays above .35 and market turns up
[15:24] {Threei} in .36, aggressively
[15:24] {Threei} ridiculously tight stop
[15:24] {Threei} .33 or so
[15:25] {Threei} just don't want to give anything back
[15:27] {Onix} in @ $14.38
[15:33] {Threei} trailing stop to .34
[15:33] {Threei} lol
[15:33] {magoo} am i chasimng here?
[15:34] {Threei} don't enter into downticking market
[15:34] {Threei} if NQ reverses, grab it
[15:34] {Threei} but don't count on much, this is just a little scalp
[15:35] {Threei} with stop tighter than 34 size jeans on 40-sezed waist after big dinner
[15:37] {Threei} OK NQ
[15:38] {Threei} break 1910, jump and pull VPHM with you
[15:38] {Threei} broke
[15:38] {Threei} .38 finally gave up
[15:39] {Threei} I have 1:2
[15:39] {Threei} lol
[15:39] {Threei} half out .45
[15:40] {Threei} cute little trade
[15:40] {Threei} no stress whatsoever
[15:43] {Threei} NQ goes 10 points up from the moment of our long... can you say well timed entry?
[15:43] {Threei} well... you could if you weren't asleep
[15:43] {magoo} oput hwere .49 TY
[15:44] {Threei} :)
[15:44] {patience} magoo aces it again :)
[15:44] {magoo} have u noticed an imprtovemebt in my spellinhk vad??
[15:44] {Threei} dephinetili
[15:45] {Threei} a hole lot of empruvement
[15:46] {dptl} lol....have a good evening all:)
[15:46] {Threei} take care dp :)
[15:47] {magoo} u 2 dop:)
[15:47] {dptl} dop...lol
[15:47] {magoo} oops roflol
[15:47] {Threei} zat's maguu's emproowement
[15:51] {Threei} you have 8 minutes to impress me, VPHM
[15:55] {Onix} Thanks for a beautiful trade in VPHM Vad ... out @ 14.54
[15:55] {Threei} wtg
[15:55] {Threei} nice and easy eh?
[15:55] {Threei} btw... I have a new headset and am ready to try Dragon next week probably
[15:55] {Onix} unbelievable!
[15:55] {Threei} so if you see something like mgjksoturnakfntoie, you know where it's coming from
[15:55] {Threei} out VPHM in full
[15:55] {Threei} .62
[15:56] {magoo} NICE
[15:56] {Threei} plus something nice
[15:56] {Onix} you're the champ!
[15:56] {magoo} easy button worthy
[15:56] {Threei} as long as no a chimp...
[15:56] {Threei} not a
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening
[15:56] {Onix} Thnx bye
[15:56] {peterg} bye all
[15:56] {Threei} see you all tomorrow
[15:57] {hawkfan4} thx vad
[15:58] {magoo} TY vad
[16:00] {fernp} see you. TY
Tuesday, August 19, 2008
Aug 19 2008
Session Time: Tue Aug 19 00:00:00 2008
[07:59] {Threei} U.S. financials: A large U.S. bank will soon collapse - Former IMF chief economist Kenneth Rogoff
[07:59] {Threei} - "The U.S. is not out of the woods. I think the financial crisis is at the halfway point, perhaps. I would even go further to say 'the worst is to come'," he told a financial conference.
[07:59] {Threei} - "We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," said Rogoff.
[07:59] {Threei} - "We have to see more consolidation in the financial sector before this is over," he said.
[07:59] {Threei} - "Probably Fannie Mae and Freddie Mac - despite what U.S. Treasury Secretary Hank Paulson said - these giant mortgage guarantee agencies are not going to exist in their present form in a few years."
[07:59] {Threei} - "There was this view early on in the crisis that sovereign wealth funds could save everybody. Investment banks did something stupid, they lost money in the sub-prime, they're great buys, sovereign wealth funds come in and make a lot of money by buying them. That view neglects the point that the financial system has become very bloated in size and needed to shrink," he added.
[08:02] {hawkfan4} scary stuff
[08:02] {Threei} whole thing unfolding over last half year or so is scary
[08:02] {Threei} almost apocalyptic
[08:03] {Threei} this is potentially of "end of empire" caliber
[08:03] {Threei} and when I think of alternatives for the ruler of the world, I shudder
[08:04] {hawkfan4} yikes, me too
[08:05] {Threei} it's not really easy to imagine the end of USA empire any time soon, it's sheer size and might are still beyond the reach of anything and anyone,ill
[08:05] {Threei} size of US economy is larger than three next combined
[08:05] {Threei} but then again,
[08:06] {Threei} tell to someone in 80s that Soviet empire will be gone in 10 years
[08:06] {Threei} who would believe it?
[08:07] {Threei} OK, on a lighter note
[08:07] {Threei} here is the news item I just read
[08:07] {hawkfan4} :)
[08:08] {Threei} ·In fixed income the results from the DMO's meeting with the GEMMs showed that most GEMMs favored either a 2017 or 2022 I/L GILT to begin the quarter
[08:08] {Threei} huh?
[08:08] {Threei} lol
[08:08] {hawkfan4} lol, might as well be Russian for me
[08:08] {Threei} not a single abbreviation in that sentence that I could understand
[08:09] {Threei} watching FNM
[08:09] {Threei} not taking any position yet
[08:09] {Threei} it lost 6 but buying came in strongly
[08:09] {Threei} took it back
[08:10] {hawkfan4} in SOL small for a bounce, stop 27.20
[08:10] {hawkfan4} 17.10 i mean
[08:10] {Threei} I think this thing goes down with no bottom in sight
[08:10] {Threei} FNM that is
[08:10] {Threei} but gotta be careful, spikes can be vicious
[08:11] {hawkfan4} yep, stopped sol, speaking of bottomless
[08:11] {Threei} UAUA new highs
[08:12] {hawkfan4} flipped it overnight +.27
[08:15] {Threei} nice
[08:15] {Threei} so next major support for USO to loe is 90, right?
[08:15] {Threei} lose
[08:16] {hawkfan4} yep
[08:18] {Threei} wow
[08:18] {Threei} INCA bid on UAUA
[08:18] {Threei} if true
[08:19] {hawkfan4} a monster
[08:19] {Threei} let's see if it stays after couple sales
[08:20] {Threei} sheesh, chasing up
[08:21] {hawkfan4} in .46
[08:21] {Threei} haha
[08:21] {Threei} in .42
[08:21] {hawkfan4} :)
[08:21] {Threei} 500 at .40 and 500 and .44
[08:22] {Threei} offering .60
[08:23] {Threei} some "probing" sales, bid holds
[08:25] {Threei} absorbing sales... he IS real
[08:25] {Threei} out
[08:25] {Threei} will try to re-enter lower
[08:25] {hawkfan4} me too, out .50
[08:32] {Threei} FNM does a lot of dancing here
[08:32] {Threei} new bidder came to UAUA... ugh
[08:33] {Threei} bidding .56
[08:33] {Threei} got 200
[08:34] {Threei} 765
[08:35] {Threei} OK, enough for premarket play, canceled the rest
[08:35] {hawkfan4} you're much more patient than i am, grabbed those .60's when they were offered
[08:36] {Threei} there were a few prints at .56, so I thought maybe hidden offer
[08:36] {Threei} offering .70
[08:40] {Threei} USO selling
[08:43] {Threei} message to UAUA big bidders: stop bidding, take out those offers (mine included)
[08:44] {hawkfan4} no kidding, quit dilly dallying and take it up to 16! :)
[08:45] {Threei} yeah
[08:45] {Threei} ugh, USO upticking
[08:45] {hawkfan4} out, oild spiking
[08:46] {Threei} me too
[08:46] {pita} Greeting all - welcome back Vad! - a day late........
[08:46] {Threei} the play is not over I am sure
[08:46] {Threei} hi pita, thankl you
[08:50] {esemde} morning......Vad your back...me too...was up the island
[08:51] {Threei} hi ese
[08:51] {esemde} are you relaxed after your holiday
[08:51] {Threei} me is back, and we had quite nice day yesterday
[08:51] {Threei} very much so
[08:52] {Threei} couple pics done on the go: http://realitytrader.com/vad/A/
[08:53] {esemde} ok
[08:55] {GeoArb} gm all
[08:56] {esemde} whoa...the first one is surreal......looks like a painting
[08:56] {Threei} Geo :)
[08:56] {GeoArb} how was vacation vad?
[08:56] {Threei} no kidding, hard to believe it's not an extensive Photoshop work
[08:56] {Threei} fantastic geo
[08:56] {GeoArb} nice :)
[08:57] {Threei} the only downside is darn all-you-can-eat
[08:58] {cosmo} it can be expensive if you're not really humgry
[08:58] {cosmo} hungary
[08:58] {cosmo} hmm
[08:59] {cosmo} hungery?
[08:59] {Threei} ceratinly tough on one's waisteline
[09:02] {magoo} morn
[09:02] {Threei} magoo :)
[09:04] {Onix} Good morning
[09:04] {Threei} hi Onix, welcome back
[09:05] {Onix} Thanks
[09:05] {Threei} FRE
[09:05] {Threei} REPORTEDLY LAUNCHES $3B 5Y REFERENCE NOTES AT 113BPS/TREASURIES - UNCONFIRMED REPORT
[09:05] {Raven}
3 HUNGRY !
[09:05] {cosmo} ah ... i was concerned..
[09:06] {Raven}
3 you need to be concerned :)
[09:06] {cosmo} sigh...yeah
[09:06] {Threei} hungry is one thing you don't get on cruise ship
[09:07] {Raven}
3 hungry decreases with age too ...
[09:07] {cosmo} oh
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:09] {Threei} initial assumptions for the plays today: looking to short FNM at some point, looking for UAUA long if oil continues slide
[09:09] {cosmo} seniors should get a discount then
[09:10] {Threei} so far 6.20 is FNM's resistance
[09:10] {Raven}
3 they do at some groc stores around here
[09:10] {Raven}
3 but you have to remember to tell them that you are old
[09:11] {magoo} thats a heck of a uso spike
[09:11] {cosmo} its so hard to remember that
[09:11] {Raven}
3 I know
[09:11] {Raven}
3 so I usually strike out
[09:12] {cosmo} and pay in full...
[09:12] {Raven}
3 yup
[09:14] {cosmo} XFML tests 3 on pull back
[09:15] {Threei} [XFML] Xinhua Finance Media Ltd-ADR Reports Q2 $0.10 v $0.07e, R $48.9M v $49.3Me
[09:15] {Threei} - Guides Q3 $0.11-$0.12 v $0.09e, R $52M-$54M v $54.2Me
[09:15] {Threei} - Guides FY08 $0.33-$0.35 v $0.29e, R $198M-$208M v $199.2Me
[09:16] {fernp} Good morning all
[09:16] {Threei} fern :)
[09:19] {peterg} This is a test of the Dragon NaturallySpeaking good morning group. Now I can talk without typing
[09:19] {peterg} So I can fill the space endlessly with chatter
[09:19] {Threei} wow
[09:19] {patience} will it do your trades for you peter?
[09:19] {peterg} That's next
[09:19] {peterg} Them on to world domination
[09:20] {Threei} yeah, make sure it doesn't accidentally enters orders
[09:20] {peterg} I think I'll go back to typing is a little more relaxing
[09:20] {patience} tell it: buy patience 10,000 shares of google
[09:20] {peterg} done!
[09:21] {patience} very generous of you peter, ty :))))
[09:21] {pita} Dragon is great - I use it all the time - but not for tradong
[09:21] {peterg} there is now a version ten, mine is 9 but pretty good.
[09:21] {Threei} I resist progress.. but maybe I need to try it
[09:21] {pita} I have 9 too
[09:22] {pita} It doesn't mis-spell
[09:22] {Threei} haha
[09:22] {peterg} it is good for a lot of communication, but it can really screw up
[09:22] {Threei} don't underestimate me
[09:22] {pita} sometimes you get gibberish
[09:22] {Threei} with my prononciation it WILL misspell
[09:22] {peterg} it will force a word
[09:23] {peterg} on you.
[09:23] {GeoArb} yeah it doesnt do well with accents
[09:23] {pita} there is always Rosetta stone
[09:23] {Threei} is there trial for it?
[09:23] {pita} don't know
[09:30] {Onix} Am I still logged in?
[09:30] {Threei} yes sir
[09:30] {magoo} nope
[09:30] {peterg} maybe
[09:30] {pita} take a vote
[09:30] {Onix} tknx
[09:30] {Threei} FNM .18 short
[09:30] {Threei} if stays below .25
[09:31] {Threei} half out
[09:31] {Threei} 6.03
[09:32] {Threei} stop .21 for the second half
[09:33] {Threei} out for now
[09:36] {Threei} watching USO for loss of 91
[09:36] {Threei} if happens, UAUA should launch
[09:36] {Threei} if breaks .25, no play
[09:39] {Threei} UAUA went up in anticipation... USO still holding support
[09:39] {Threei} if you took it aggressively, take profit here
[09:40] {Threei} USO is really unclear in this range
[09:40] {Threei} if loses 91, UAUA is still a play on .50 break
[09:41] {Threei} on the other end of spectre, USO is long on .25 break
[09:41] {Threei} smaaaal shares
[09:42] {Threei} in aggresively
[09:42] {magoo} .36
[09:43] {Threei} .19 stop'
[09:43] {Threei} die USO
[09:46] {Threei} half out
[09:46] {Threei} just to be safe
[09:47] {Threei} NQ drops
[09:47] {Threei} but thing looks OK
[09:47] {Threei} sokind of insurance against sudden move
[09:49] {Threei} took some off the table?
[09:50] {Threei} offer second half .65 - .70
[09:50] {Threei} stop .29
[09:51] {hawkfan4} took 1/2 off at .54
[09:51] {Threei} USO new low
[09:54] {Threei} out .65
[09:54] {GeoArb} is uso shortable for you guys?
[09:54] {Threei} .70 hit too
[09:55] {Threei} no Geo
[09:55] {GeoArb} same here
[09:55] {Threei} OK, no excuse for not profiting on UAUA here
[09:55] {Threei} clean play, no matter whether you took it aggressively or on .50 break
[09:56] {GeoArb} good call vad
[09:57] {Threei} ty
[10:01] {Onix} Thanks Vad, I got 5c + 10c + 7c & -12c
[10:01] {Threei} lemme compute
[10:02] {GeoArb} 10?
[10:02] {Threei} +10 cents I think overall
[10:02] {GeoArb} depends on scaleouts
[10:02] {Threei} but I am ready to stand corrected
[10:02] {Onix} played it 4 x
[10:02] {GeoArb} i was in late
[10:03] {GeoArb} in 55 out 79
[10:03] {GeoArb} :)
[10:03] {GeoArb} 200 shares only trying to get into the groove
[10:03] {GeoArb} havent traded much in aug
[10:04] {Threei} lazy bones
[10:04] {GeoArb} whaaat? low vol august
[10:04] {GeoArb} mom/bro/in laws visiting
[10:04] {GeoArb} :)
[10:04] {GeoArb} i am just happy to be able to check email
[10:05] {Threei} sure... I just like to diss people
[10:05] {GeoArb} good to be pressing keys though
[10:08] {Threei} SOLR small shares long on pullback under .50
[10:09] {Threei} not going to take offer
[10:09] {Threei} under .50 or no play
[10:09] {Threei} .40 -.45 is entry idea
[10:09] {Threei} with stop under .30
[10:10] {esemde} I like that one Vad.....i'll wait with you
[10:11] {Threei} this one got away
[10:11] {Threei} of well
[10:12] {magoo} yup
[10:12] {Threei} FNM
[10:12] {Threei} .94 short if stays under 6.10
[10:16] {Threei} ugh SOLR
[10:17] {magoo} its our UAUA of yesterday
[10:17] {magoo} in fnm .97
[10:17] {magoo} sh
[10:17] {GeoArb} hmmm i cant short fnm
[10:21] {magoo} tarhet vad?
[10:21] {Onix} got +13c on FNM ss thnaks Vad, playing my 100 shares
[10:21] {Threei} partial at 1:1
[10:21] {Threei} Onix :)
[10:21] {magoo} half .85
[10:22] {Threei} see, my problem with it is,
[10:22] {magoo} going to 4?
[10:22] {Threei} I am confident it goes much lower
[10:22] {Threei} but it won't be any kind of straight line
[10:22] {Threei} and bounces will be very tough to handle
[10:23] {magoo} we need to try and sh the bopunce..i know ..tough but
[10:23] {Threei} so partial out is ideal way for it
[10:23] {Threei} control the risk and give it a chance
[10:25] {Threei} LEH
[10:25] {Threei} 13.99 short
[10:25] {Threei} half lot
[10:25] {Threei} stop .21 for now
[10:27] {Threei} see FNM?
[10:28] {GeoArb} ooooo
[10:28] {magoo} in sh leh ag
[10:28] {magoo} .07
[10:31] {Threei} watch USO/UAUA here
[10:31] {Threei} if USO forms double top, UAUA will be good play off 15
[10:36] {magoo} anyone sh LEH?
[10:37] {GeoArb} me
[10:37] {GeoArb} small though
[10:37] {hawkfan4} im in leh from .03
[10:41] {Threei} FED'S FISHER: 'UNSURPRISED' BY THE RECENT USD REVERSAL - Q&A
[10:41] {Threei} - Also says he doesn't see US productivity on slide
[10:42] {GeoArb} economist had a semi positive report on US real estate
[10:42] {Threei} probably trailing LEH to .15 makes sense here
[10:42] {GeoArb} over the weekend
[10:43] {Threei} if it doesn't break down soon, no need to endure bigger bounce
[10:44] {Threei} TASR
[10:44] {esemde} Long Waren Buffet....
[10:44] {Threei} TICKING HIGHER, HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[10:44] {Threei} - GE rumored as potential acquirer{
[10:44] {Onix} SS LEH few min earlier on 13.96
[10:44] {Threei} TASR
[10:44] {esemde} sorry thats NVDA
[10:45] {esemde} 13.40
[10:45] {Threei} .29 stop ese?
[10:46] {esemde} full lot.....yes....29 stop
[10:46] {Threei} die already LEH
[10:46] {esemde} don't mind going the full lot here...plenty of liquidity
[10:47] {Threei} yup
[10:48] {esemde} need some index to start going my way though
[10:49] {esemde} ndx and comp looked like it for a moment
[10:50] {esemde} would be nice if it comvered the gap from 13 to 18
[10:53] {Threei} covering half LEH here
[10:53] {Threei} scalpers know what to do
[10:54] {Onix} got my +13c on 100 sh thnx Vad
[10:54] {Threei} :)
[10:54] {Threei} FRE
[10:54] {Threei} PRICES NEW $3 BILLION FIVE-YEAR REFERENCE NOTES
[10:55] {magoo} out leh .75 ty vad
[10:55] {Threei} stop to 14.01
[10:55] {Threei} for the balance
[10:55] {Threei} welcome sir
[10:55] {GeoArb} vad you should take vacation more often
[10:55] {Threei} happily
[10:56] {Threei} but if it's going be all cruises, I won't squeeze through the office door
[10:56] {GeoArb} maybe
[10:56] {GeoArb} you caould trade from the cruise
[10:57] {Threei} uhhu
[10:57] {esemde} whadayathink.....Lehman Bros becomes a penny stock again.........anybody else want to predict that
[10:57] {Threei} that's exactly what is on my mind during cruise fun :)
[10:58] {esemde} anybody know the reasons for Buffet buying into Navidia
[10:59] {esemde} Nvidia....sorry
[11:00] {Threei} hope cruise bosses do not read that - but I am the guy who not only managed to get decently drunk during liquor tasting (with thise little timbles, no less, but also got both girls pouring samples fairly close to drunk
[11:00] {Threei} now, you see me trading from cruise ship?
[11:00] {GeoArb} lol
[11:00] {hawkfan4} :)
[11:01] {Threei} who knows ese... he does deep research
[11:01] {Threei} unlike us who do research in 3 milliseconds
[11:01] {Onix} sounds like you had a great time Vad! .. wtg!
[11:01] {Threei} sure did
[11:01] {Threei} Hubbard Glcier is something to see
[11:02] {Threei} all those huge chunks of ice dropping in the water with splash
[11:02] {Onix} real-time must certainly be much better than on TV
[11:03] {Threei} stunning
[11:03] {Threei} oh, and I also am the guy who came to second formal dinner in jeans, thought it was next day
[11:03] {Threei} saw all the people around in taxedos
[11:03] {Threei} asked waiter what the heck
[11:03] {Threei} shrugged and never went to change
[11:03] {GeoArb} i hate that
[11:04] {GeoArb} people scrimp around for deals
[11:04] {GeoArb} and eat in tuxedos
[11:04] {GeoArb} its a vacation.... i f i need to suit up i would go to a conference
[11:04] {Threei} I look in taxedo about as natural as hyppo under the saddle
[11:04] {GeoArb} lolol
[11:04] {Threei} or cow in tutu
[11:05] {Onix} lol
[11:05] {fernp} lol
[11:05] {magoo} taxedo
[11:05] {magoo} tux
[11:05] {Threei} if you take a look at my renewed photo at homepage though
[11:05] {GeoArb} i saw that
[11:06] {Threei} sometime I do manage to look more or less bearable in suit and tie
[11:06] {GeoArb} you dating again vad?
[11:06] {Threei} lol
[11:06] {Onix} you look distinguished
[11:06] {Threei} let me copy and save that
[11:07] {Threei} not often I hear anything of kind
[11:07] {GeoArb} hehe now i gotta go back and check
[11:07] {Threei} LEH, either makes double bottom here or breaks down,
[11:07] {Threei} levels are
[11:08] {Threei} for bouble bottom confirmation .88
[11:08] {Threei} for breakdown .70
[11:08] {Threei} so you have your structure for setup
[11:08] {Threei} long at .88 if holding above .72
[11:08] {Threei} or short at .72 break if staying under .90
[11:09] {Threei} both plays are half lot
[11:09] {Threei} for those who hold the balance from otiginal play, that's a new stop
[11:09] {Threei} .90
[11:09] {Threei} breakdown
[11:09] {Threei} good
[11:09] {Threei} bidding .60 for the balance
[11:10] {esemde} hmmmm thought i was gonna be stopped there
[11:11] {Onix} ss LEH @ 13.68
[11:11] {Threei} too vertical into support ese... usually bounces after that
[11:14] {esemde} tks
[11:18] {Threei} stop to .81 LEH
[11:20] {Threei} covered the balance LEH
[11:20] {Threei} +.38
[11:22] {hawkfan4} nice vad
[11:22] {magoo} good one boiss
[11:22] {Threei} ty
[11:22] {GeoArb} nice
[11:22] {GeoArb} broke down more but i am happy with the banked money
[11:23] {Threei} yeah
[11:23] {GeoArb} o got a way to predict that vaD?
[11:23] {GeoArb} you
[11:23] {GeoArb} :)
[11:23] {Threei} sure but I am not telling
[11:23] {GeoArb} hehe
[11:24] {Threei} that monkey that throws darts for me - you think I'd ever give azway that secret to successful tradingZ?
[11:24] {Onix} got +13c more on LEH thx Vad
[11:24] {Threei} welcome :)
[11:24] {GeoArb} okkkk he knew
[11:25] {esemde} stopped
[11:25] {Threei} FED'S FISHER: FED MAY NEED TO ACT ON RATES BEFORE THE ECONOMY TURNS
[11:26] {magoo} as in raise??
[11:26] {esemde} never liked his insurance company anyway...
[11:26] {Threei} I believe so mags
[11:27] {magoo} vad, thoughtd here on mkt direction?
[11:27] {Threei} none so far
[11:27] {magoo} focus :)
[11:28] {Threei} shapeless aimless listless wandering closely resembling drunk blind one-legged snail staggering through tghe molases
[11:28] {Threei} how's that for market reading?
[11:29] {magoo} just replace one word
[11:29] {magoo} snail =magoo
[11:29] {Threei} lol
[11:29] {Threei} Onix, covered just in time LEH, eh?
[11:30] {Onix} what a luck!~
[11:30] {Threei} luck favors you know who
[11:31] {Threei} (hint - dino)
[11:31] {GeoArb} lck favors dino?
[11:31] {Threei} that's what dino says
[11:31] {Threei} although I prefer to think og him as prepared mind
[11:32] {GeoArb} luck favors the prepared mind or something like that
[11:32] {Threei} :)
[11:32] {GeoArb} lois pasteur
[11:32] {magoo} who is this one calleed dino of which u speak?
[11:33] {GeoArb} you mean the vacationist?
[11:33] {Threei} one who tries to drink all your beer before you get to it
[11:33] {Threei} which leads to a healthy competition
[11:34] {magoo} i got news for u...he luckier at trtading than getting to the beer {hiccup}
[11:34] {Threei} winner is the one who manages to open fridge door right when the forehead of competitor is in the way of it
[11:34] {GeoArb} very deep
[11:34] {magoo} and grab last one
[11:35] {Threei} that's how Chaeron got my beer once, Geo... since then I don't see or hear very well, but developed six sense for the market direction
[11:36] {Chaeron} :)
[11:36] {GeoArb} hmmm
[11:36] {Chaeron} morning all
[11:36] {Threei} oh hi Chaeron :)
[11:36] {GeoArb} he had said i could drop by anytime
[11:36] {GeoArb} (careful now)
[11:36] {Threei} ah come on, it's worth it
[11:36] {GeoArb} market direction
[11:36] {GeoArb} worth it
[11:37] {Threei} that, and nice fireworks in front of your eyes when that door contacts the forhead
06[11:37] * magoo slaps Chaeron around a bit with a large trout
[11:38] {Threei} USO feels to drop from here
[11:40] {Threei} loss of .45 should trigger slide
[11:40] {Threei} over .60 invalidated
[11:40] {Threei} broke down
[11:41] {GeoArb} but we cant trade it :(
[11:41] {Threei} no, but we can trade UAUA off it
[11:41] {GeoArb} short that is
[11:41] {Threei} invalidated anyway
[11:41] {GeoArb} i did that :)
[11:41] {GeoArb} and am neg
[11:41] {GeoArb} wwas slow
[11:42] {Threei} where are you in?
[11:42] {GeoArb} sniff
[11:42] {GeoArb} 100 shares od 14.56
[11:42] {Threei} .39 stop
[11:42] {Threei} let it trade
[11:43] {Threei} it doesn't look too bad, won't drop so far even with USO upticks
[11:43] {GeoArb} stop in place
[11:43] {Threei} even if uncomfortable and want out, your loss here is negligible
[11:43] {GeoArb} did 100 as uaua was an expriment before you called it
[11:46] {Threei} too much strength USO
[11:46] {GeoArb} out
[11:46] {Threei} yup
[11:50] {magoo} im watching uso as a long trade
[11:53] {Threei} how very unpatriotic
[11:54] {GeoArb} he just wants wind and solar to grow
06[11:58] * magoo slaps laserdave1 around a bit with a large trout
06[11:58] * Threei slaps laserdave1 around a bit with a large trout
06[11:59] * Chaeron slaps laserdave1 around a bit with a large trout
[11:59] {Threei} good read on USO mags
[12:00] {magoo} aapl sh
[12:00] {magoo} .15
[12:00] {Threei} SEC'S COX: "NOBODY IS GETTING A PASS" FROM INVESTIGATION ON ARS, CURRENTLY HAS OVER 12 PENDING INVESTIGATIONS
[12:00] {Threei} - Secondary dealers of ARS are still under investigation
[12:00] {Threei} ars?
[12:02] {magoo} wait
[12:02] {magoo} OUT
[12:02] {magoo} .79
[12:02] {magoo} easy
[12:03] {magoo} buttox
[12:03] {Threei} good one
[12:03] {magoo} er button
[12:03] {magoo} sigh spelling/tyuyping
[12:03] {magoo} buttox
[12:03] {magoo} lol
[12:03] {hawkfan4} nice mags, still in from 92.15
[12:03] {Threei} wow oil
[12:03] {Threei} what the
[12:03] {magoo} carefu;l
[12:03] {magoo} bank it
[12:04] {hawkfan4} 1/2 out 94.14, other 1/2 93.75, full lot :)
[12:04] {Threei} wtg
[12:04] {hawkfan4} that was lucky
[12:06] {Threei} watching UAUA for bounce scalp
[12:07] {Threei} RUSSIAN FINANCE MIN: CONTINUING TO BUY FRE, FNM BONDS
[12:07] {Threei} - Notes Russia has made about $1B in GSE bond investments.
[12:08] {hawkfan4} in uaua
[12:09] {Threei} anticipatory entry...
[12:09] {pita} later all
[12:09] {Threei} take care pita
[12:09] {magoo} bye pita
[12:09] {hawkfan4} too soon, out
[12:09] {Threei} with this wierd USO behavior and no news, I'd prefer to see that big bar
[12:09] {Threei} with delay for UAUA giving window of opportunity
[12:11] {Threei} Onix, look dcc please
[12:11] {Onix} ok
[12:14] {Onix} trying but don't know how Vad?
[12:15] {Threei} just click on a window with my nick in red
[12:15] {Threei} and you'll see it
[12:15] {Threei} or doubleclick on my nick right here
[12:20] {hawkfan4} USO crazy
[12:23] {esemde} long Warren Buffet again.....13.16
[12:23] {esemde} NVDA
[12:44] {magoo} l uaua .84
[12:45] {GeoArb} i am curious magoo
[12:45] {GeoArb} what time fram chart are yo looking at?
[12:46] {magoo} 5 minutes
[12:46] {GeoArb} thanks
[12:46] {magoo} exit hopefully 14.21
[12:48] {magoo} .64 stiop
[13:00] {magoo} out .05+
[13:01] {peterg} out uaua?
[13:01] {magoo} yes
[13:01] {magoo} 5 min up
[13:01] {Threei} nice one
[13:01] {magoo} +24
[13:02] {peterg} me too + 17 tgks mag
[13:02] {magoo} :)
[13:02] {magoo} my trades are desighned short term
[13:03] {peterg} designer trades
[13:03] {GeoArb} 2
[13:03] {GeoArb} oops
[13:05] {Threei} magoo is now know and Armani
[13:06] {Threei} and = as
[13:20] {peterg} does leh want to go down more yet?
[13:21] {peterg} not now
[13:21] {Threei} hard to tell
[13:21] {GeoArb} probably in my books
[13:22] {GeoArb} well my book got torn
[13:27] {peterg} Rick Nelson: my bucket's got a hole in it.
[13:27] {Threei} wow UAUA
[13:39] {peterg} true test of trader is coping with boredom; I am eating dark chocolate. any better ideas?
[13:39] {Threei} yes
[13:39] {GeoArb} i watch prn
[13:39] {peterg} pm"
[13:39] {peterg} ?
[13:40] {GeoArb} heheheh
[13:40] {Threei} I like counting fingers on my left haand, then onright hand, then comparing them
[13:40] {Threei} doing it three times
[13:40] {Threei} and seeing if I get the same result
[13:40] {peterg} thats goood
[13:40] {Threei} if I do I win
[13:40] {Threei} so far I win 9 times out of 10
[13:40] {Threei} and it puts me in a good mood
[13:41] {peterg} prime minister
[13:47] {magoo} vad, what u stalking?
[13:48] {Threei} still same old UAUA
[13:48] {Threei} just can't get a read on USO at the moment
[13:48] {Threei} FNM looks just as sick as it did yesterday too
[13:49] {Threei} but no clear play for now
[13:53] {magoo} ok
[14:06] {magoo} is volume as light today as yesterday anyone??
[14:07] {GeoArb} well es seems already more than yesterday
[14:07] {GeoArb} and its only half time
[14:23] {Threei} oil drop is coming it seems
[14:23] {GeoArb} leh at lows
[14:24] {Threei} nope, wrong
[14:25] {Threei} or right
[14:42] {Threei} LEH continues slide
[14:46] {esemde} were getting that point where do I say....hmmm...take half and let half ride till tomorrow or do I just toast it at the end of the day....NVDA
[14:47] {Threei} I wish I had what to say about it ese
[14:47] {Threei} just too narrow to get any read
[14:47] {Threei} daily looks rather nice
[14:47] {Threei} follow through is a big question mark
[14:49] {esemde} indeed....well i'm up .24 now ....market is a bif if these days.....will probably be flat at end of day
[14:50] {Threei} FED'S LACKER: PREFER IF FNM AND FRE WERE TO BE PRIVATIZED
[14:50] {Threei} wouldn't we all
[14:50] {GeoArb} hehehehe
[14:51] {GeoArb} that didnt help s in BSC
[14:51] {GeoArb} us
[14:51] {Threei} magoo
[14:51] {Threei} up
[14:52] {Threei} {--- answering unasked question
[14:53] {magoo} was just typing that
[14:53] {magoo} if so AAPL may pop\
[14:54] {magoo} any recent aapl/rimm news??
[14:55] {Threei} not really
[14:55] {Threei} this little NQ pullback should be a bull flag
[14:55] {magoo} huh?
[14:56] {Threei} small retreat before advance
[14:56] {Chaeron} regrouping for attack :)
[14:57] {Threei} OK... jump from here or bets are off
[14:58] {Threei} volume dried up nicely on retreat, now time to recover with bigger volume to confirm flag
[14:59] {peterg} uhhh, whatcha buyin & sellin
[14:59] {peterg} anyting
[14:59] {Threei} if materializes, UAUA
[14:59] {peterg} ?
[14:59] {Threei} maybe LEH for scalp
[15:01] {Threei} doesn't look like going to work from here
[15:01] {Threei} staying on sideline
[15:02] {Threei} nope, no recovery
[15:04] {peterg} nihongo wa dekimaska!
[15:04] {Threei} you think?
[15:04] {peterg} for sure
[15:06] {peterg} better would be anata wa Nihon-go o hanashite dekimasu ka.
[15:06] {GeoArb} googling like crazy
[15:07] {GeoArb} i need to watch more anime
[15:07] {peterg} good plan
[15:07] {GeoArb} Are you able to speak Japanese
[15:08] {peterg} once a long time ago a little
[15:08] {peterg} now all but gone
[15:08] {GeoArb} rosetta stone!
[15:08] {peterg} o yeah
[15:09] {GeoArb} i am thinking of learning mandarin
[15:09] {peterg} wow
[15:09] {GeoArb} might as well
[15:09] {Chaeron} hmmm I was too
[15:09] {peterg} I m going to Beijing in october maybe
[15:09] {GeoArb} i not anything else.... ill order well in east la
[15:09] {GeoArb} i
[15:09] {GeoArb} if
[15:10] {peterg} fried octopus with hot sauce
[15:12] {GeoArb} i always have to take a chinese buddy here http://www.dintaifungusa.com/en/en_cuisine01_1.html
[15:12] {GeoArb} ill learn mandarin and show him !!!
[15:13] {peterg} ahh-yum!! btw how get urls onto discussion?
[15:13] {GeoArb} copy paste?
[15:14] {peterg} let me try
[15:16] {peterg} browser does not seem to want to put it here
[15:17] {GeoArb} ctrl c ctrl v
[15:17] {peterg} http://www.nytimes.com/2008/08/07/technology/personaltech/07pogue.html?_r=1&oref=slogin
[15:17] {Threei} UN SECURITY COUNCIL RESOLUTION ON GEORGIA DEMANDS COMPLIANCE WITH CEASEFIRE, IMMEDIATE RUSSIAN WITHDRAWAL
[15:17] {peterg} amazing!! thanks
[15:17] {Threei} IVAN
[15:17] {Threei} CONFIRMS DISCUSSIONS WITH ECUADOR'S NATIONAL OIL COMPANY ON DEVELOPMENT OF PUNGARAYACU OIL FIELD
[15:17] {Threei} - CEO Friedland said that while talks are at an advanced stage toward an agreement to develop Ecuador's Block 20, known as the Pungarayacu oil field, no final agreement to embark upon the project has been entered into either by PETROECUADOR or the Ivanhoe Energy board of directors.
[15:17] {Threei} - There can be no assurance that a final agreement will be signed
[15:18] {GeoArb} we use ibm viavoice
[15:19] {GeoArb} as it has separate dictionaries specializing in law and medicine
[15:19] {GeoArb} atleast it used too
[15:19] {esemde} out nvda .46 +30
[15:19] {peterg} for a zillion dollars you can get that on dragon'
[15:19] {GeoArb} not mine....
[15:19] {GeoArb} company
[15:19] {Threei} good one ese
[15:19] {esemde} tks
[15:20] {peterg} how long were you long?
[15:22] {peterg} Further research question: what is avg number of open positions, or variation during day?
[15:22] {esemde} was in originally at .40 around 8am stopped at 8:20 or so
[15:22] {esemde} then
[15:23] {esemde} was back in at .16 about 9:15
[15:23] {peterg} you worked it
[15:23] {esemde} long most of the day i guess peter...when you think about it
[15:24] {esemde} definately worked it
[15:26] {esemde} i'm outta here all...see you tomorow...
[15:26] {magoo} bye se
[15:26] {peterg} later
[15:26] {Threei} take care ese
[15:26] {esemde} mags
[15:26] {esemde} vad
06[15:26] * magoo slaps esemde around a bit with a large trout
[15:26] {esemde} tks...i needed that
[15:29] {peterg} who said this: "You have to grind it out, survive this period of the learning ccurve. And it could be really long, often a year or two, possibly longer, and very seldom less than a yearr.
[15:29] {peterg} identify author pls
[15:30] {Threei} sounds vagualy familiar
[15:30] {peterg} for prize
[15:30] {peterg} page #?
[15:30] {Threei} lol, I don't even remember which of books
[15:30] {peterg} TTR
[15:31] {Threei} well
[15:31] {Threei} since I have electronic text, I can cheat
[15:32] {peterg} I am in the grinding phase of the learning curve
[15:33] {Onix} welcome to the CLUB peter
[15:33] {peterg} THnks
[15:33] {judijim} have a nice evening all, be back tomorrow
[15:33] {Onix} it sure ain't easy, but i'm hanging in there
[15:33] {Threei} take care jj
[15:34] {peterg} bye jj
[15:34] {magoo} bye jj
[15:46] {peterg} well, wrapping up paperwork, profit sharing plans blah blah
[15:46] {GeoArb} profit sharing?
[15:46] {GeoArb} is vad giving money away?
[15:47] {peterg} i am so bored that i am one inch tall
[15:47] {GeoArb} i am so bored that i am making up random intelliscans
[15:47] {peterg} no i am sharing moneyh with future self
[15:47] {Threei} lol
[15:47] {Threei} I don't
[15:47] {Threei} future self can make his own money
[15:48] {peterg} point
[15:48] {GeoArb} future self for vad is kids
[15:48] {GeoArb} thats cold vad
[15:49] {peterg} in four yeares I can begin to get US social security--and im not even old
[15:49] {GeoArb} wot?
[15:50] {peterg} govt will give me big bux not to work, but to play all day
[15:50] {GeoArb} thats it
[15:50] {GeoArb} i am republican as of today
[15:50] {peterg} vad gives me lifetime subscription to trading room
[15:51] {Threei} and I am not even american
[15:51] {peterg} you canadienses are so nice
[15:51] {GeoArb} you must be on vads platinum group
[15:51] {GeoArb} heheh
[15:51] {peterg} the new group, diamond platinum
[15:51] {GeoArb} as in you pay in platinum
[15:52] {Threei} I take luxury watches too
[15:52] {Chaeron} and sides of bacon
[15:52] {Threei} Omega Constellation Double Eagle will do
[15:52] {GeoArb} http://www.trade-ideas.com/View.php?O=4000000000000000000000000_9_0&MinPCAV=100000&MinPCR=1.5&WN=PUTCALL
[15:52] {GeoArb} still in infancy
[15:52] {Threei} LEH finishes near low
[15:53] {GeoArb} the only onces that it sit out today were..... MER WFC CSCO BAC
[15:53] {GeoArb} spit
[15:53] {GeoArb} 3 financials
[15:54] {Threei} what is it indicative of?
[15:54] {GeoArb} heavy put buying
[15:54] {Threei} got it
[15:54] {GeoArb} more than certain vol and ration
[15:54] {Threei} so do we dare take LEH short overnight?
[15:54] {GeoArb} + breaking res
[15:55] {peterg} u guys shorting overnite on Laser?
[15:55] {Threei} support you mean?
[15:55] {GeoArb} sorry yes
[15:55] {GeoArb} was reading this
[15:55] {GeoArb} http://www.elitetrader.com/vb/showthread.php?threadid=134349
[15:56] {GeoArb} so made this scan and lo and behold same culprits
[15:56] {Threei} lol, I posted iot first thing in the morning
[15:56] {GeoArb} funny that put buying supports it
[15:56] {GeoArb} lots of speculative positioning
[15:58] {Threei} Ok guys
[15:58] {Threei} first half of the day was a beat
[15:58] {Threei} beauty
[15:58] {hawkfan4} beauty
[15:58] {Threei} then it became pointless and boring
[15:59] {GeoArb} yeah
[15:59] {GeoArb} fall better be good
[15:59] {Threei} it will
[15:59] {GeoArb} cheers all
[15:59] {Threei} even this is much better than your usual; August
[15:59] {peterg} TTFN!!
[15:59] {GeoArb} ?
[15:59] {Threei} thank you all, have a good evening
[15:59] {hawkfan4} thx vad, cya all
[15:59] {peterg} ta ta for now
[15:59] {Threei} see you tomorrow
[16:00] {fernp} good afternoon all. see you tomorrow.
[16:00] {Onix} Thanks Vad, & all ... until tomorrow
[07:59] {Threei} U.S. financials: A large U.S. bank will soon collapse - Former IMF chief economist Kenneth Rogoff
[07:59] {Threei} - "The U.S. is not out of the woods. I think the financial crisis is at the halfway point, perhaps. I would even go further to say 'the worst is to come'," he told a financial conference.
[07:59] {Threei} - "We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," said Rogoff.
[07:59] {Threei} - "We have to see more consolidation in the financial sector before this is over," he said.
[07:59] {Threei} - "Probably Fannie Mae and Freddie Mac - despite what U.S. Treasury Secretary Hank Paulson said - these giant mortgage guarantee agencies are not going to exist in their present form in a few years."
[07:59] {Threei} - "There was this view early on in the crisis that sovereign wealth funds could save everybody. Investment banks did something stupid, they lost money in the sub-prime, they're great buys, sovereign wealth funds come in and make a lot of money by buying them. That view neglects the point that the financial system has become very bloated in size and needed to shrink," he added.
[08:02] {hawkfan4} scary stuff
[08:02] {Threei} whole thing unfolding over last half year or so is scary
[08:02] {Threei} almost apocalyptic
[08:03] {Threei} this is potentially of "end of empire" caliber
[08:03] {Threei} and when I think of alternatives for the ruler of the world, I shudder
[08:04] {hawkfan4} yikes, me too
[08:05] {Threei} it's not really easy to imagine the end of USA empire any time soon, it's sheer size and might are still beyond the reach of anything and anyone,ill
[08:05] {Threei} size of US economy is larger than three next combined
[08:05] {Threei} but then again,
[08:06] {Threei} tell to someone in 80s that Soviet empire will be gone in 10 years
[08:06] {Threei} who would believe it?
[08:07] {Threei} OK, on a lighter note
[08:07] {Threei} here is the news item I just read
[08:07] {hawkfan4} :)
[08:08] {Threei} ·In fixed income the results from the DMO's meeting with the GEMMs showed that most GEMMs favored either a 2017 or 2022 I/L GILT to begin the quarter
[08:08] {Threei} huh?
[08:08] {Threei} lol
[08:08] {hawkfan4} lol, might as well be Russian for me
[08:08] {Threei} not a single abbreviation in that sentence that I could understand
[08:09] {Threei} watching FNM
[08:09] {Threei} not taking any position yet
[08:09] {Threei} it lost 6 but buying came in strongly
[08:09] {Threei} took it back
[08:10] {hawkfan4} in SOL small for a bounce, stop 27.20
[08:10] {hawkfan4} 17.10 i mean
[08:10] {Threei} I think this thing goes down with no bottom in sight
[08:10] {Threei} FNM that is
[08:10] {Threei} but gotta be careful, spikes can be vicious
[08:11] {hawkfan4} yep, stopped sol, speaking of bottomless
[08:11] {Threei} UAUA new highs
[08:12] {hawkfan4} flipped it overnight +.27
[08:15] {Threei} nice
[08:15] {Threei} so next major support for USO to loe is 90, right?
[08:15] {Threei} lose
[08:16] {hawkfan4} yep
[08:18] {Threei} wow
[08:18] {Threei} INCA bid on UAUA
[08:18] {Threei} if true
[08:19] {hawkfan4} a monster
[08:19] {Threei} let's see if it stays after couple sales
[08:20] {Threei} sheesh, chasing up
[08:21] {hawkfan4} in .46
[08:21] {Threei} haha
[08:21] {Threei} in .42
[08:21] {hawkfan4} :)
[08:21] {Threei} 500 at .40 and 500 and .44
[08:22] {Threei} offering .60
[08:23] {Threei} some "probing" sales, bid holds
[08:25] {Threei} absorbing sales... he IS real
[08:25] {Threei} out
[08:25] {Threei} will try to re-enter lower
[08:25] {hawkfan4} me too, out .50
[08:32] {Threei} FNM does a lot of dancing here
[08:32] {Threei} new bidder came to UAUA... ugh
[08:33] {Threei} bidding .56
[08:33] {Threei} got 200
[08:34] {Threei} 765
[08:35] {Threei} OK, enough for premarket play, canceled the rest
[08:35] {hawkfan4} you're much more patient than i am, grabbed those .60's when they were offered
[08:36] {Threei} there were a few prints at .56, so I thought maybe hidden offer
[08:36] {Threei} offering .70
[08:40] {Threei} USO selling
[08:43] {Threei} message to UAUA big bidders: stop bidding, take out those offers (mine included)
[08:44] {hawkfan4} no kidding, quit dilly dallying and take it up to 16! :)
[08:45] {Threei} yeah
[08:45] {Threei} ugh, USO upticking
[08:45] {hawkfan4} out, oild spiking
[08:46] {Threei} me too
[08:46] {pita} Greeting all - welcome back Vad! - a day late........
[08:46] {Threei} the play is not over I am sure
[08:46] {Threei} hi pita, thankl you
[08:50] {esemde} morning......Vad your back...me too...was up the island
[08:51] {Threei} hi ese
[08:51] {esemde} are you relaxed after your holiday
[08:51] {Threei} me is back, and we had quite nice day yesterday
[08:51] {Threei} very much so
[08:52] {Threei} couple pics done on the go: http://realitytrader.com/vad/A/
[08:53] {esemde} ok
[08:55] {GeoArb} gm all
[08:56] {esemde} whoa...the first one is surreal......looks like a painting
[08:56] {Threei} Geo :)
[08:56] {GeoArb} how was vacation vad?
[08:56] {Threei} no kidding, hard to believe it's not an extensive Photoshop work
[08:56] {Threei} fantastic geo
[08:56] {GeoArb} nice :)
[08:57] {Threei} the only downside is darn all-you-can-eat
[08:58] {cosmo} it can be expensive if you're not really humgry
[08:58] {cosmo} hungary
[08:58] {cosmo} hmm
[08:59] {cosmo} hungery?
[08:59] {Threei} ceratinly tough on one's waisteline
[09:02] {magoo} morn
[09:02] {Threei} magoo :)
[09:04] {Onix} Good morning
[09:04] {Threei} hi Onix, welcome back
[09:05] {Onix} Thanks
[09:05] {Threei} FRE
[09:05] {Threei} REPORTEDLY LAUNCHES $3B 5Y REFERENCE NOTES AT 113BPS/TREASURIES - UNCONFIRMED REPORT
[09:05] {Raven}
3 HUNGRY !
[09:05] {cosmo} ah ... i was concerned..
[09:06] {Raven}
3 you need to be concerned :)
[09:06] {cosmo} sigh...yeah
[09:06] {Threei} hungry is one thing you don't get on cruise ship
[09:07] {Raven}
3 hungry decreases with age too ...
[09:07] {cosmo} oh
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:09] {Threei} initial assumptions for the plays today: looking to short FNM at some point, looking for UAUA long if oil continues slide
[09:09] {cosmo} seniors should get a discount then
[09:10] {Threei} so far 6.20 is FNM's resistance
[09:10] {Raven}
3 they do at some groc stores around here
[09:10] {Raven}
3 but you have to remember to tell them that you are old
[09:11] {magoo} thats a heck of a uso spike
[09:11] {cosmo} its so hard to remember that
[09:11] {Raven}
3 I know
[09:11] {Raven}
3 so I usually strike out
[09:12] {cosmo} and pay in full...
[09:12] {Raven}
3 yup
[09:14] {cosmo} XFML tests 3 on pull back
[09:15] {Threei} [XFML] Xinhua Finance Media Ltd-ADR Reports Q2 $0.10 v $0.07e, R $48.9M v $49.3Me
[09:15] {Threei} - Guides Q3 $0.11-$0.12 v $0.09e, R $52M-$54M v $54.2Me
[09:15] {Threei} - Guides FY08 $0.33-$0.35 v $0.29e, R $198M-$208M v $199.2Me
[09:16] {fernp} Good morning all
[09:16] {Threei} fern :)
[09:19] {peterg} This is a test of the Dragon NaturallySpeaking good morning group. Now I can talk without typing
[09:19] {peterg} So I can fill the space endlessly with chatter
[09:19] {Threei} wow
[09:19] {patience} will it do your trades for you peter?
[09:19] {peterg} That's next
[09:19] {peterg} Them on to world domination
[09:20] {Threei} yeah, make sure it doesn't accidentally enters orders
[09:20] {peterg} I think I'll go back to typing is a little more relaxing
[09:20] {patience} tell it: buy patience 10,000 shares of google
[09:20] {peterg} done!
[09:21] {patience} very generous of you peter, ty :))))
[09:21] {pita} Dragon is great - I use it all the time - but not for tradong
[09:21] {peterg} there is now a version ten, mine is 9 but pretty good.
[09:21] {Threei} I resist progress.. but maybe I need to try it
[09:21] {pita} I have 9 too
[09:22] {pita} It doesn't mis-spell
[09:22] {Threei} haha
[09:22] {peterg} it is good for a lot of communication, but it can really screw up
[09:22] {Threei} don't underestimate me
[09:22] {pita} sometimes you get gibberish
[09:22] {Threei} with my prononciation it WILL misspell
[09:22] {peterg} it will force a word
[09:23] {peterg} on you.
[09:23] {GeoArb} yeah it doesnt do well with accents
[09:23] {pita} there is always Rosetta stone
[09:23] {Threei} is there trial for it?
[09:23] {pita} don't know
[09:30] {Onix} Am I still logged in?
[09:30] {Threei} yes sir
[09:30] {magoo} nope
[09:30] {peterg} maybe
[09:30] {pita} take a vote
[09:30] {Onix} tknx
[09:30] {Threei} FNM .18 short
[09:30] {Threei} if stays below .25
[09:31] {Threei} half out
[09:31] {Threei} 6.03
[09:32] {Threei} stop .21 for the second half
[09:33] {Threei} out for now
[09:36] {Threei} watching USO for loss of 91
[09:36] {Threei} if happens, UAUA should launch
[09:36] {Threei} if breaks .25, no play
[09:39] {Threei} UAUA went up in anticipation... USO still holding support
[09:39] {Threei} if you took it aggressively, take profit here
[09:40] {Threei} USO is really unclear in this range
[09:40] {Threei} if loses 91, UAUA is still a play on .50 break
[09:41] {Threei} on the other end of spectre, USO is long on .25 break
[09:41] {Threei} smaaaal shares
[09:42] {Threei} in aggresively
[09:42] {magoo} .36
[09:43] {Threei} .19 stop'
[09:43] {Threei} die USO
[09:46] {Threei} half out
[09:46] {Threei} just to be safe
[09:47] {Threei} NQ drops
[09:47] {Threei} but thing looks OK
[09:47] {Threei} sokind of insurance against sudden move
[09:49] {Threei} took some off the table?
[09:50] {Threei} offer second half .65 - .70
[09:50] {Threei} stop .29
[09:51] {hawkfan4} took 1/2 off at .54
[09:51] {Threei} USO new low
[09:54] {Threei} out .65
[09:54] {GeoArb} is uso shortable for you guys?
[09:54] {Threei} .70 hit too
[09:55] {Threei} no Geo
[09:55] {GeoArb} same here
[09:55] {Threei} OK, no excuse for not profiting on UAUA here
[09:55] {Threei} clean play, no matter whether you took it aggressively or on .50 break
[09:56] {GeoArb} good call vad
[09:57] {Threei} ty
[10:01] {Onix} Thanks Vad, I got 5c + 10c + 7c & -12c
[10:01] {Threei} lemme compute
[10:02] {GeoArb} 10?
[10:02] {Threei} +10 cents I think overall
[10:02] {GeoArb} depends on scaleouts
[10:02] {Threei} but I am ready to stand corrected
[10:02] {Onix} played it 4 x
[10:02] {GeoArb} i was in late
[10:03] {GeoArb} in 55 out 79
[10:03] {GeoArb} :)
[10:03] {GeoArb} 200 shares only trying to get into the groove
[10:03] {GeoArb} havent traded much in aug
[10:04] {Threei} lazy bones
[10:04] {GeoArb} whaaat? low vol august
[10:04] {GeoArb} mom/bro/in laws visiting
[10:04] {GeoArb} :)
[10:04] {GeoArb} i am just happy to be able to check email
[10:05] {Threei} sure... I just like to diss people
[10:05] {GeoArb} good to be pressing keys though
[10:08] {Threei} SOLR small shares long on pullback under .50
[10:09] {Threei} not going to take offer
[10:09] {Threei} under .50 or no play
[10:09] {Threei} .40 -.45 is entry idea
[10:09] {Threei} with stop under .30
[10:10] {esemde} I like that one Vad.....i'll wait with you
[10:11] {Threei} this one got away
[10:11] {Threei} of well
[10:12] {magoo} yup
[10:12] {Threei} FNM
[10:12] {Threei} .94 short if stays under 6.10
[10:16] {Threei} ugh SOLR
[10:17] {magoo} its our UAUA of yesterday
[10:17] {magoo} in fnm .97
[10:17] {magoo} sh
[10:17] {GeoArb} hmmm i cant short fnm
[10:21] {magoo} tarhet vad?
[10:21] {Onix} got +13c on FNM ss thnaks Vad, playing my 100 shares
[10:21] {Threei} partial at 1:1
[10:21] {Threei} Onix :)
[10:21] {magoo} half .85
[10:22] {Threei} see, my problem with it is,
[10:22] {magoo} going to 4?
[10:22] {Threei} I am confident it goes much lower
[10:22] {Threei} but it won't be any kind of straight line
[10:22] {Threei} and bounces will be very tough to handle
[10:23] {magoo} we need to try and sh the bopunce..i know ..tough but
[10:23] {Threei} so partial out is ideal way for it
[10:23] {Threei} control the risk and give it a chance
[10:25] {Threei} LEH
[10:25] {Threei} 13.99 short
[10:25] {Threei} half lot
[10:25] {Threei} stop .21 for now
[10:27] {Threei} see FNM?
[10:28] {GeoArb} ooooo
[10:28] {magoo} in sh leh ag
[10:28] {magoo} .07
[10:31] {Threei} watch USO/UAUA here
[10:31] {Threei} if USO forms double top, UAUA will be good play off 15
[10:36] {magoo} anyone sh LEH?
[10:37] {GeoArb} me
[10:37] {GeoArb} small though
[10:37] {hawkfan4} im in leh from .03
[10:41] {Threei} FED'S FISHER: 'UNSURPRISED' BY THE RECENT USD REVERSAL - Q&A
[10:41] {Threei} - Also says he doesn't see US productivity on slide
[10:42] {GeoArb} economist had a semi positive report on US real estate
[10:42] {Threei} probably trailing LEH to .15 makes sense here
[10:42] {GeoArb} over the weekend
[10:43] {Threei} if it doesn't break down soon, no need to endure bigger bounce
[10:44] {Threei} TASR
[10:44] {esemde} Long Waren Buffet....
[10:44] {Threei} TICKING HIGHER, HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[10:44] {Threei} - GE rumored as potential acquirer{
[10:44] {Onix} SS LEH few min earlier on 13.96
[10:44] {Threei} TASR
[10:44] {esemde} sorry thats NVDA
[10:45] {esemde} 13.40
[10:45] {Threei} .29 stop ese?
[10:46] {esemde} full lot.....yes....29 stop
[10:46] {Threei} die already LEH
[10:46] {esemde} don't mind going the full lot here...plenty of liquidity
[10:47] {Threei} yup
[10:48] {esemde} need some index to start going my way though
[10:49] {esemde} ndx and comp looked like it for a moment
[10:50] {esemde} would be nice if it comvered the gap from 13 to 18
[10:53] {Threei} covering half LEH here
[10:53] {Threei} scalpers know what to do
[10:54] {Onix} got my +13c on 100 sh thnx Vad
[10:54] {Threei} :)
[10:54] {Threei} FRE
[10:54] {Threei} PRICES NEW $3 BILLION FIVE-YEAR REFERENCE NOTES
[10:55] {magoo} out leh .75 ty vad
[10:55] {Threei} stop to 14.01
[10:55] {Threei} for the balance
[10:55] {Threei} welcome sir
[10:55] {GeoArb} vad you should take vacation more often
[10:55] {Threei} happily
[10:56] {Threei} but if it's going be all cruises, I won't squeeze through the office door
[10:56] {GeoArb} maybe
[10:56] {GeoArb} you caould trade from the cruise
[10:57] {Threei} uhhu
[10:57] {esemde} whadayathink.....Lehman Bros becomes a penny stock again.........anybody else want to predict that
[10:57] {Threei} that's exactly what is on my mind during cruise fun :)
[10:58] {esemde} anybody know the reasons for Buffet buying into Navidia
[10:59] {esemde} Nvidia....sorry
[11:00] {Threei} hope cruise bosses do not read that - but I am the guy who not only managed to get decently drunk during liquor tasting (with thise little timbles, no less, but also got both girls pouring samples fairly close to drunk
[11:00] {Threei} now, you see me trading from cruise ship?
[11:00] {GeoArb} lol
[11:00] {hawkfan4} :)
[11:01] {Threei} who knows ese... he does deep research
[11:01] {Threei} unlike us who do research in 3 milliseconds
[11:01] {Onix} sounds like you had a great time Vad! .. wtg!
[11:01] {Threei} sure did
[11:01] {Threei} Hubbard Glcier is something to see
[11:02] {Threei} all those huge chunks of ice dropping in the water with splash
[11:02] {Onix} real-time must certainly be much better than on TV
[11:03] {Threei} stunning
[11:03] {Threei} oh, and I also am the guy who came to second formal dinner in jeans, thought it was next day
[11:03] {Threei} saw all the people around in taxedos
[11:03] {Threei} asked waiter what the heck
[11:03] {Threei} shrugged and never went to change
[11:03] {GeoArb} i hate that
[11:04] {GeoArb} people scrimp around for deals
[11:04] {GeoArb} and eat in tuxedos
[11:04] {GeoArb} its a vacation.... i f i need to suit up i would go to a conference
[11:04] {Threei} I look in taxedo about as natural as hyppo under the saddle
[11:04] {GeoArb} lolol
[11:04] {Threei} or cow in tutu
[11:05] {Onix} lol
[11:05] {fernp} lol
[11:05] {magoo} taxedo
[11:05] {magoo} tux
[11:05] {Threei} if you take a look at my renewed photo at homepage though
[11:05] {GeoArb} i saw that
[11:06] {Threei} sometime I do manage to look more or less bearable in suit and tie
[11:06] {GeoArb} you dating again vad?
[11:06] {Threei} lol
[11:06] {Onix} you look distinguished
[11:06] {Threei} let me copy and save that
[11:07] {Threei} not often I hear anything of kind
[11:07] {GeoArb} hehe now i gotta go back and check
[11:07] {Threei} LEH, either makes double bottom here or breaks down,
[11:07] {Threei} levels are
[11:08] {Threei} for bouble bottom confirmation .88
[11:08] {Threei} for breakdown .70
[11:08] {Threei} so you have your structure for setup
[11:08] {Threei} long at .88 if holding above .72
[11:08] {Threei} or short at .72 break if staying under .90
[11:09] {Threei} both plays are half lot
[11:09] {Threei} for those who hold the balance from otiginal play, that's a new stop
[11:09] {Threei} .90
[11:09] {Threei} breakdown
[11:09] {Threei} good
[11:09] {Threei} bidding .60 for the balance
[11:10] {esemde} hmmmm thought i was gonna be stopped there
[11:11] {Onix} ss LEH @ 13.68
[11:11] {Threei} too vertical into support ese... usually bounces after that
[11:14] {esemde} tks
[11:18] {Threei} stop to .81 LEH
[11:20] {Threei} covered the balance LEH
[11:20] {Threei} +.38
[11:22] {hawkfan4} nice vad
[11:22] {magoo} good one boiss
[11:22] {Threei} ty
[11:22] {GeoArb} nice
[11:22] {GeoArb} broke down more but i am happy with the banked money
[11:23] {Threei} yeah
[11:23] {GeoArb} o got a way to predict that vaD?
[11:23] {GeoArb} you
[11:23] {GeoArb} :)
[11:23] {Threei} sure but I am not telling
[11:23] {GeoArb} hehe
[11:24] {Threei} that monkey that throws darts for me - you think I'd ever give azway that secret to successful tradingZ?
[11:24] {Onix} got +13c more on LEH thx Vad
[11:24] {Threei} welcome :)
[11:24] {GeoArb} okkkk he knew
[11:25] {esemde} stopped
[11:25] {Threei} FED'S FISHER: FED MAY NEED TO ACT ON RATES BEFORE THE ECONOMY TURNS
[11:26] {magoo} as in raise??
[11:26] {esemde} never liked his insurance company anyway...
[11:26] {Threei} I believe so mags
[11:27] {magoo} vad, thoughtd here on mkt direction?
[11:27] {Threei} none so far
[11:27] {magoo} focus :)
[11:28] {Threei} shapeless aimless listless wandering closely resembling drunk blind one-legged snail staggering through tghe molases
[11:28] {Threei} how's that for market reading?
[11:29] {magoo} just replace one word
[11:29] {magoo} snail =magoo
[11:29] {Threei} lol
[11:29] {Threei} Onix, covered just in time LEH, eh?
[11:30] {Onix} what a luck!~
[11:30] {Threei} luck favors you know who
[11:31] {Threei} (hint - dino)
[11:31] {GeoArb} lck favors dino?
[11:31] {Threei} that's what dino says
[11:31] {Threei} although I prefer to think og him as prepared mind
[11:32] {GeoArb} luck favors the prepared mind or something like that
[11:32] {Threei} :)
[11:32] {GeoArb} lois pasteur
[11:32] {magoo} who is this one calleed dino of which u speak?
[11:33] {GeoArb} you mean the vacationist?
[11:33] {Threei} one who tries to drink all your beer before you get to it
[11:33] {Threei} which leads to a healthy competition
[11:34] {magoo} i got news for u...he luckier at trtading than getting to the beer {hiccup}
[11:34] {Threei} winner is the one who manages to open fridge door right when the forehead of competitor is in the way of it
[11:34] {GeoArb} very deep
[11:34] {magoo} and grab last one
[11:35] {Threei} that's how Chaeron got my beer once, Geo... since then I don't see or hear very well, but developed six sense for the market direction
[11:36] {Chaeron} :)
[11:36] {GeoArb} hmmm
[11:36] {Chaeron} morning all
[11:36] {Threei} oh hi Chaeron :)
[11:36] {GeoArb} he had said i could drop by anytime
[11:36] {GeoArb} (careful now)
[11:36] {Threei} ah come on, it's worth it
[11:36] {GeoArb} market direction
[11:36] {GeoArb} worth it
[11:37] {Threei} that, and nice fireworks in front of your eyes when that door contacts the forhead
06[11:37] * magoo slaps Chaeron around a bit with a large trout
[11:38] {Threei} USO feels to drop from here
[11:40] {Threei} loss of .45 should trigger slide
[11:40] {Threei} over .60 invalidated
[11:40] {Threei} broke down
[11:41] {GeoArb} but we cant trade it :(
[11:41] {Threei} no, but we can trade UAUA off it
[11:41] {GeoArb} short that is
[11:41] {Threei} invalidated anyway
[11:41] {GeoArb} i did that :)
[11:41] {GeoArb} and am neg
[11:41] {GeoArb} wwas slow
[11:42] {Threei} where are you in?
[11:42] {GeoArb} sniff
[11:42] {GeoArb} 100 shares od 14.56
[11:42] {Threei} .39 stop
[11:42] {Threei} let it trade
[11:43] {Threei} it doesn't look too bad, won't drop so far even with USO upticks
[11:43] {GeoArb} stop in place
[11:43] {Threei} even if uncomfortable and want out, your loss here is negligible
[11:43] {GeoArb} did 100 as uaua was an expriment before you called it
[11:46] {Threei} too much strength USO
[11:46] {GeoArb} out
[11:46] {Threei} yup
[11:50] {magoo} im watching uso as a long trade
[11:53] {Threei} how very unpatriotic
[11:54] {GeoArb} he just wants wind and solar to grow
06[11:58] * magoo slaps laserdave1 around a bit with a large trout
06[11:58] * Threei slaps laserdave1 around a bit with a large trout
06[11:59] * Chaeron slaps laserdave1 around a bit with a large trout
[11:59] {Threei} good read on USO mags
[12:00] {magoo} aapl sh
[12:00] {magoo} .15
[12:00] {Threei} SEC'S COX: "NOBODY IS GETTING A PASS" FROM INVESTIGATION ON ARS, CURRENTLY HAS OVER 12 PENDING INVESTIGATIONS
[12:00] {Threei} - Secondary dealers of ARS are still under investigation
[12:00] {Threei} ars?
[12:02] {magoo} wait
[12:02] {magoo} OUT
[12:02] {magoo} .79
[12:02] {magoo} easy
[12:03] {magoo} buttox
[12:03] {Threei} good one
[12:03] {magoo} er button
[12:03] {magoo} sigh spelling/tyuyping
[12:03] {magoo} buttox
[12:03] {magoo} lol
[12:03] {hawkfan4} nice mags, still in from 92.15
[12:03] {Threei} wow oil
[12:03] {Threei} what the
[12:03] {magoo} carefu;l
[12:03] {magoo} bank it
[12:04] {hawkfan4} 1/2 out 94.14, other 1/2 93.75, full lot :)
[12:04] {Threei} wtg
[12:04] {hawkfan4} that was lucky
[12:06] {Threei} watching UAUA for bounce scalp
[12:07] {Threei} RUSSIAN FINANCE MIN: CONTINUING TO BUY FRE, FNM BONDS
[12:07] {Threei} - Notes Russia has made about $1B in GSE bond investments.
[12:08] {hawkfan4} in uaua
[12:09] {Threei} anticipatory entry...
[12:09] {pita} later all
[12:09] {Threei} take care pita
[12:09] {magoo} bye pita
[12:09] {hawkfan4} too soon, out
[12:09] {Threei} with this wierd USO behavior and no news, I'd prefer to see that big bar
[12:09] {Threei} with delay for UAUA giving window of opportunity
[12:11] {Threei} Onix, look dcc please
[12:11] {Onix} ok
[12:14] {Onix} trying but don't know how Vad?
[12:15] {Threei} just click on a window with my nick in red
[12:15] {Threei} and you'll see it
[12:15] {Threei} or doubleclick on my nick right here
[12:20] {hawkfan4} USO crazy
[12:23] {esemde} long Warren Buffet again.....13.16
[12:23] {esemde} NVDA
[12:44] {magoo} l uaua .84
[12:45] {GeoArb} i am curious magoo
[12:45] {GeoArb} what time fram chart are yo looking at?
[12:46] {magoo} 5 minutes
[12:46] {GeoArb} thanks
[12:46] {magoo} exit hopefully 14.21
[12:48] {magoo} .64 stiop
[13:00] {magoo} out .05+
[13:01] {peterg} out uaua?
[13:01] {magoo} yes
[13:01] {magoo} 5 min up
[13:01] {Threei} nice one
[13:01] {magoo} +24
[13:02] {peterg} me too + 17 tgks mag
[13:02] {magoo} :)
[13:02] {magoo} my trades are desighned short term
[13:03] {peterg} designer trades
[13:03] {GeoArb} 2
[13:03] {GeoArb} oops
[13:05] {Threei} magoo is now know and Armani
[13:06] {Threei} and = as
[13:20] {peterg} does leh want to go down more yet?
[13:21] {peterg} not now
[13:21] {Threei} hard to tell
[13:21] {GeoArb} probably in my books
[13:22] {GeoArb} well my book got torn
[13:27] {peterg} Rick Nelson: my bucket's got a hole in it.
[13:27] {Threei} wow UAUA
[13:39] {peterg} true test of trader is coping with boredom; I am eating dark chocolate. any better ideas?
[13:39] {Threei} yes
[13:39] {GeoArb} i watch prn
[13:39] {peterg} pm"
[13:39] {peterg} ?
[13:40] {GeoArb} heheheh
[13:40] {Threei} I like counting fingers on my left haand, then onright hand, then comparing them
[13:40] {Threei} doing it three times
[13:40] {Threei} and seeing if I get the same result
[13:40] {peterg} thats goood
[13:40] {Threei} if I do I win
[13:40] {Threei} so far I win 9 times out of 10
[13:40] {Threei} and it puts me in a good mood
[13:41] {peterg} prime minister
[13:47] {magoo} vad, what u stalking?
[13:48] {Threei} still same old UAUA
[13:48] {Threei} just can't get a read on USO at the moment
[13:48] {Threei} FNM looks just as sick as it did yesterday too
[13:49] {Threei} but no clear play for now
[13:53] {magoo} ok
[14:06] {magoo} is volume as light today as yesterday anyone??
[14:07] {GeoArb} well es seems already more than yesterday
[14:07] {GeoArb} and its only half time
[14:23] {Threei} oil drop is coming it seems
[14:23] {GeoArb} leh at lows
[14:24] {Threei} nope, wrong
[14:25] {Threei} or right
[14:42] {Threei} LEH continues slide
[14:46] {esemde} were getting that point where do I say....hmmm...take half and let half ride till tomorrow or do I just toast it at the end of the day....NVDA
[14:47] {Threei} I wish I had what to say about it ese
[14:47] {Threei} just too narrow to get any read
[14:47] {Threei} daily looks rather nice
[14:47] {Threei} follow through is a big question mark
[14:49] {esemde} indeed....well i'm up .24 now ....market is a bif if these days.....will probably be flat at end of day
[14:50] {Threei} FED'S LACKER: PREFER IF FNM AND FRE WERE TO BE PRIVATIZED
[14:50] {Threei} wouldn't we all
[14:50] {GeoArb} hehehehe
[14:51] {GeoArb} that didnt help s in BSC
[14:51] {GeoArb} us
[14:51] {Threei} magoo
[14:51] {Threei} up
[14:52] {Threei} {--- answering unasked question
[14:53] {magoo} was just typing that
[14:53] {magoo} if so AAPL may pop\
[14:54] {magoo} any recent aapl/rimm news??
[14:55] {Threei} not really
[14:55] {Threei} this little NQ pullback should be a bull flag
[14:55] {magoo} huh?
[14:56] {Threei} small retreat before advance
[14:56] {Chaeron} regrouping for attack :)
[14:57] {Threei} OK... jump from here or bets are off
[14:58] {Threei} volume dried up nicely on retreat, now time to recover with bigger volume to confirm flag
[14:59] {peterg} uhhh, whatcha buyin & sellin
[14:59] {peterg} anyting
[14:59] {Threei} if materializes, UAUA
[14:59] {peterg} ?
[14:59] {Threei} maybe LEH for scalp
[15:01] {Threei} doesn't look like going to work from here
[15:01] {Threei} staying on sideline
[15:02] {Threei} nope, no recovery
[15:04] {peterg} nihongo wa dekimaska!
[15:04] {Threei} you think?
[15:04] {peterg} for sure
[15:06] {peterg} better would be anata wa Nihon-go o hanashite dekimasu ka.
[15:06] {GeoArb} googling like crazy
[15:07] {GeoArb} i need to watch more anime
[15:07] {peterg} good plan
[15:07] {GeoArb} Are you able to speak Japanese
[15:08] {peterg} once a long time ago a little
[15:08] {peterg} now all but gone
[15:08] {GeoArb} rosetta stone!
[15:08] {peterg} o yeah
[15:09] {GeoArb} i am thinking of learning mandarin
[15:09] {peterg} wow
[15:09] {GeoArb} might as well
[15:09] {Chaeron} hmmm I was too
[15:09] {peterg} I m going to Beijing in october maybe
[15:09] {GeoArb} i not anything else.... ill order well in east la
[15:09] {GeoArb} i
[15:09] {GeoArb} if
[15:10] {peterg} fried octopus with hot sauce
[15:12] {GeoArb} i always have to take a chinese buddy here http://www.dintaifungusa.com/en/en_cuisine01_1.html
[15:12] {GeoArb} ill learn mandarin and show him !!!
[15:13] {peterg} ahh-yum!! btw how get urls onto discussion?
[15:13] {GeoArb} copy paste?
[15:14] {peterg} let me try
[15:16] {peterg} browser does not seem to want to put it here
[15:17] {GeoArb} ctrl c ctrl v
[15:17] {peterg} http://www.nytimes.com/2008/08/07/technology/personaltech/07pogue.html?_r=1&oref=slogin
[15:17] {Threei} UN SECURITY COUNCIL RESOLUTION ON GEORGIA DEMANDS COMPLIANCE WITH CEASEFIRE, IMMEDIATE RUSSIAN WITHDRAWAL
[15:17] {peterg} amazing!! thanks
[15:17] {Threei} IVAN
[15:17] {Threei} CONFIRMS DISCUSSIONS WITH ECUADOR'S NATIONAL OIL COMPANY ON DEVELOPMENT OF PUNGARAYACU OIL FIELD
[15:17] {Threei} - CEO Friedland said that while talks are at an advanced stage toward an agreement to develop Ecuador's Block 20, known as the Pungarayacu oil field, no final agreement to embark upon the project has been entered into either by PETROECUADOR or the Ivanhoe Energy board of directors.
[15:17] {Threei} - There can be no assurance that a final agreement will be signed
[15:18] {GeoArb} we use ibm viavoice
[15:19] {GeoArb} as it has separate dictionaries specializing in law and medicine
[15:19] {GeoArb} atleast it used too
[15:19] {esemde} out nvda .46 +30
[15:19] {peterg} for a zillion dollars you can get that on dragon'
[15:19] {GeoArb} not mine....
[15:19] {GeoArb} company
[15:19] {Threei} good one ese
[15:19] {esemde} tks
[15:20] {peterg} how long were you long?
[15:22] {peterg} Further research question: what is avg number of open positions, or variation during day?
[15:22] {esemde} was in originally at .40 around 8am stopped at 8:20 or so
[15:22] {esemde} then
[15:23] {esemde} was back in at .16 about 9:15
[15:23] {peterg} you worked it
[15:23] {esemde} long most of the day i guess peter...when you think about it
[15:24] {esemde} definately worked it
[15:26] {esemde} i'm outta here all...see you tomorow...
[15:26] {magoo} bye se
[15:26] {peterg} later
[15:26] {Threei} take care ese
[15:26] {esemde} mags
[15:26] {esemde} vad
06[15:26] * magoo slaps esemde around a bit with a large trout
[15:26] {esemde} tks...i needed that
[15:29] {peterg} who said this: "You have to grind it out, survive this period of the learning ccurve. And it could be really long, often a year or two, possibly longer, and very seldom less than a yearr.
[15:29] {peterg} identify author pls
[15:30] {Threei} sounds vagualy familiar
[15:30] {peterg} for prize
[15:30] {peterg} page #?
[15:30] {Threei} lol, I don't even remember which of books
[15:30] {peterg} TTR
[15:31] {Threei} well
[15:31] {Threei} since I have electronic text, I can cheat
[15:32] {peterg} I am in the grinding phase of the learning curve
[15:33] {Onix} welcome to the CLUB peter
[15:33] {peterg} THnks
[15:33] {judijim} have a nice evening all, be back tomorrow
[15:33] {Onix} it sure ain't easy, but i'm hanging in there
[15:33] {Threei} take care jj
[15:34] {peterg} bye jj
[15:34] {magoo} bye jj
[15:46] {peterg} well, wrapping up paperwork, profit sharing plans blah blah
[15:46] {GeoArb} profit sharing?
[15:46] {GeoArb} is vad giving money away?
[15:47] {peterg} i am so bored that i am one inch tall
[15:47] {GeoArb} i am so bored that i am making up random intelliscans
[15:47] {peterg} no i am sharing moneyh with future self
[15:47] {Threei} lol
[15:47] {Threei} I don't
[15:47] {Threei} future self can make his own money
[15:48] {peterg} point
[15:48] {GeoArb} future self for vad is kids
[15:48] {GeoArb} thats cold vad
[15:49] {peterg} in four yeares I can begin to get US social security--and im not even old
[15:49] {GeoArb} wot?
[15:50] {peterg} govt will give me big bux not to work, but to play all day
[15:50] {GeoArb} thats it
[15:50] {GeoArb} i am republican as of today
[15:50] {peterg} vad gives me lifetime subscription to trading room
[15:51] {Threei} and I am not even american
[15:51] {peterg} you canadienses are so nice
[15:51] {GeoArb} you must be on vads platinum group
[15:51] {GeoArb} heheh
[15:51] {peterg} the new group, diamond platinum
[15:51] {GeoArb} as in you pay in platinum
[15:52] {Threei} I take luxury watches too
[15:52] {Chaeron} and sides of bacon
[15:52] {Threei} Omega Constellation Double Eagle will do
[15:52] {GeoArb} http://www.trade-ideas.com/View.php?O=4000000000000000000000000_9_0&MinPCAV=100000&MinPCR=1.5&WN=PUTCALL
[15:52] {GeoArb} still in infancy
[15:52] {Threei} LEH finishes near low
[15:53] {GeoArb} the only onces that it sit out today were..... MER WFC CSCO BAC
[15:53] {GeoArb} spit
[15:53] {GeoArb} 3 financials
[15:54] {Threei} what is it indicative of?
[15:54] {GeoArb} heavy put buying
[15:54] {Threei} got it
[15:54] {GeoArb} more than certain vol and ration
[15:54] {Threei} so do we dare take LEH short overnight?
[15:54] {GeoArb} + breaking res
[15:55] {peterg} u guys shorting overnite on Laser?
[15:55] {Threei} support you mean?
[15:55] {GeoArb} sorry yes
[15:55] {GeoArb} was reading this
[15:55] {GeoArb} http://www.elitetrader.com/vb/showthread.php?threadid=134349
[15:56] {GeoArb} so made this scan and lo and behold same culprits
[15:56] {Threei} lol, I posted iot first thing in the morning
[15:56] {GeoArb} funny that put buying supports it
[15:56] {GeoArb} lots of speculative positioning
[15:58] {Threei} Ok guys
[15:58] {Threei} first half of the day was a beat
[15:58] {Threei} beauty
[15:58] {hawkfan4} beauty
[15:58] {Threei} then it became pointless and boring
[15:59] {GeoArb} yeah
[15:59] {GeoArb} fall better be good
[15:59] {Threei} it will
[15:59] {GeoArb} cheers all
[15:59] {Threei} even this is much better than your usual; August
[15:59] {peterg} TTFN!!
[15:59] {GeoArb} ?
[15:59] {Threei} thank you all, have a good evening
[15:59] {hawkfan4} thx vad, cya all
[15:59] {peterg} ta ta for now
[15:59] {Threei} see you tomorrow
[16:00] {fernp} good afternoon all. see you tomorrow.
[16:00] {Onix} Thanks Vad, & all ... until tomorrow
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