Session Time: Tue Jun 03 00:00:00 2008
[08:20] {Threei} LEH
[08:20] {Threei} COMPANY MULLING CAPITAL RASING AS A ONLY ONE OF SEVERAL OPTION
[08:20] {Threei} is bankruptsy another option?
[08:20] {Threei} oh I forgot... no such thing, fed to rescue
[08:20] {Threei} anyway... good morning
[08:21] {Threei} Good morning QTWW
[08:43] {cosmo} LRXX
[08:44] {cosmo} LXRX
[08:44] {cosmo} 2.50 so far
[08:44] {Threei} 06:30am [LXRX] Drug candidate for Carcinoid Syndrome, LX1032, receives Fast Track Status From the FDA
[08:45] {Threei} 2.5 important resistance to break on daily
[08:45] {magoo} morning
[08:45] {magoo} HEY, i did not need alternate server today
[08:45] {Threei} hi mags
[08:46] {Threei} yes, worked yesterday to fix the issue
[08:46] {Threei} found workaround to stop depending on chat host
[08:46] {Threei} well... don't take it as "I" found it... my tech knowledge is equal to one the cow possesses in ballet
[08:47] {Threei} but I managed the specialists :)
[08:48] {Threei} gotta make a decision on QTWW... sell the gap or try and hold for a swing
[08:48] {Threei} daily is ideal... each red bar day is on lower volume, each green is on higher
[08:49] {Threei} and still climbing slowly, no euphoric spike
[08:49] {magoo} wheres your entry?
[08:49] {Threei} 2.54
[08:50] {magoo} now ill tell u what u would tell me..."partial" lol
[08:51] {Threei} hmmm
[08:51] {Threei} what a novel concept
[08:51] {Threei} thank you :)
[08:52] {Threei} seeing how it goes through red-green days, it's tempting to sell into this gap and wait for a red day to re-enter,
[08:52] {Threei} but that also carries a chance of missing euphoric day
[08:52] {Threei} so I guess partial is da solution
[08:52] {Threei} it spikes, I ride on the balance,
[08:52] {Threei} it retreats, I re-buy sold half
[08:55] {Threei} now, ROYL gap I hate
[08:55] {magoo} he he,dcc quick
[08:56] {Threei} don't tell me you held it
[08:56] {Threei} I'll burst of envy
[09:01] {Threei} sold half at .74, +.20
[09:01] {Threei} 1.5K left
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:05] {fernp} good morning all
[09:05] {Threei} fern :)
[09:07] {pita} gm everyone
[09:07] {Threei} pita :)
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {Threei} everyone gets in fine via main server today?
[09:11] {patience} gm RT, and thank you Vad, logged in great this morning
[09:11] {Threei} :)
[09:11] {Threei} hopefully this issue is put to rest
[09:11] {dino} sell the gap, i just did w/ipi from yesterday +.55
[09:12] {Threei} keep that address for reserve one handy
[09:12] {dino} livermore- take the gift
[09:12] {Threei} really :)
[09:12] {Threei} wtg
[09:12] {dino} :)
[09:12] {Threei} as far as I can tell, relocation to new hosting went smoothly
[09:13] {magoo} whatr the f is big ben saying on cnbc?
[09:13] {Threei} but if you run into broken links, missing images etc, please let me know
[09:13] {dino} nothing really
[09:13] {_Kazaam} dollar reacted well
[09:13] {_Kazaam} good morning
[09:14] {Threei} morning kazaam
[09:14] {Threei} IMF'S STRAUSS-KAHN: IT IS TOO SOON TO TELL IF SUB-PRIME CRISIS HAS PASSED, BUT THE BIGGEST PART OF THE FINANCIAL CRISIS IS BEHIND US
- Sees a credit squeeze in Europe, not a credit crunch.
[09:14] {Threei} - Does not see any more oil price increases
[09:14] {Threei} what did ben say?
[09:16] {Threei} US) FED CHAIRMAN BERNANKE: CONFIDENT DOLLAR WILL REMAIN ''STRONG AND STABLE''
- Fed is attentive to implication for dollar slide, dollar has contributed to the inflation and inflation expectations
[09:16] {Threei} - Dollar slide has contributed to unwelcome rise in import prices and inflation
[09:16] {Threei} - Says will make policy to guard against risks to growth and inflation and commitment to dual mandate will be key to ensuring dollar remains a strong and stable currency
[09:16] {Threei} - Notes that until housing stabilizes growth risks will remain to the downside
[09:16] {Threei} - Financial markets have improved but conditions remain strained and credit generally tight, expects strengthening of capital and liquidity regulations and greater disclosure requirements
[09:16] {Threei} - Inflation is high but pass though of costs to labor and products has been limited
[09:17] {Threei} dual mandate?
[09:17] {Threei} this makes me uneasy
[09:17] {Threei} feds mandate was to control inflation
[09:17] {Threei} (and we all know what a great job they did, right?)
[09:18] {Threei} if they widen mandate to keep economy strong as well, I am afraid they might do just a good job in that direction as well
[09:18] {magoo} is he qualified..seriously?
[09:18] {Threei} for what?
[09:19] {Threei} movie rankings?
[09:20] {esemde} good morning...it worked Vad...the alternate log in....tks
[09:20] {Threei} ji ese
[09:20] {Threei} hi :)
[09:20] {Threei} but we fixed main server
[09:21] {esemde} ha ha ha ha.........too funny
[09:21] {Threei} sorry :)
[09:21] {Threei} but hey, keep that one handy
[09:21] {Threei} who knows what gets broken tomorrow
[09:22] {Threei} I have unquestionable ability to break all things technology
[09:23] {_osbo} hi
[09:23] {Threei} osbo :)
[09:24] {esemde} osbo...welcome
[09:24] {dino} to the jungle
[09:27] {Threei} USD up, oil down
[09:27] {Threei} what else can one want for breakfast
[09:29] {dino} 2 eggs, bacon, and home fries w/toast
[09:29] {Threei} well... eggs and bacon
[09:29] {Threei} :)
[09:29] {Threei} no fries for me
[09:29] {dino} actually having planters peanuts
[09:31] {magoo} MA news vad?
[09:32] {Threei} 08:26am [MA] Price Target raised to $367 from $312 at Stifel; Maintains buy rating
[09:32] {magoo} so drops 7?
[09:33] {Threei} ROYL... grr
[09:33] {Threei} it's just its natural volatility mags... consider it a downtick :)
[09:34] {magoo} ROYL 10 comith
[09:34] {Threei} 05:46am [AUXL] XIAFLEX meets primary endpoint with statistical significance in CORD I pivotal Phase III study for Dupuytren's Contracturw
[09:34] {Threei} not fresh
[09:35] {Threei} GEORGE SOROS REITERATES THAT RECENT PRICE RISE IN COMMODITIES HAVE SIGNS OF A BUBBLE
[09:35] {Threei} you don't say
[09:36] {esemde} any commodity in particular....OIL maybe?
[09:36] {Threei} LEH
[09:36] {Threei} looking for short entry
[09:37] {Threei} 32.90 breakdown level
[09:37] {Threei} I'd like closer to resistance though
[09:37] {Threei} aggrwessive entry around .35
[09:38] {Threei} first weakness from here
[09:40] {Threei} in, stop above .85
[09:40] {Threei} got .63
[09:42] {_rant} SEED ?
[09:42] {_rant} down 10%
[09:42] {Threei} forget it
[09:42] {Threei} bs stock
[09:42] {_rant} ok :)
[09:42] {Threei} stop to .76 LEH
[09:43] {Threei} half out
[09:43] {Threei} +.21
[09:43] {Threei} stop to .71
[09:44] {dino} mvsn?
[09:44] {Threei} nothing fresh
[09:45] {Threei} out balance LEH
[09:45] {Threei} not sure what it's going to do from here
[09:45] {Threei} chart becomes looking more like bounce
[09:46] {Threei} oh well
[09:46] {Threei} next
[09:47] {esemde} L GRMN 51.99 1/2 lot
[09:47] {dino} arex
[09:48] {esemde} grmn bouncing all over the place
[09:48] {Threei} can I have my LEH back?
[09:48] {Threei} ABC NEWS: IRAN SAYS TO PURSUE ATOMIC DRIVE DESPITE TRADE OFFER
[09:48] {esemde} out grmn .27
[09:49] {esemde} +.28
[09:49] {Threei} wtg
[09:49] {esemde} dangerous one that one
[09:50] {dino} mvsn sm l .45 ave
[09:50] {fernp} out JBL +.23
[09:50] {Threei} ACOR
[09:50] {Threei} .15 small shares long
[09:50] {Threei} if stays above .90
[09:51] {dino} kndl
[09:52] {dino} gj fernp
[09:52] {esemde} ACOR 1/2 lot .90 ...i'm with ya Vad
[09:52] {Threei} too aggressive
[09:52] {esemde} stopped Acor.......that was fast
[09:52] {esemde} yep
[09:53] {esemde} live and learn
[09:53] {Roman} 21 EMKR radar
[09:54] {Roman} 21 JRJCtaking small
[09:54] {Roman} 21 very risky, wide stop
[09:54] {Roman} 21 24.20
[09:55] {dino} kndl sm s .50 stop .84
[09:56] {magoo} aCOR invalidated vad?
[09:56] {Roman} 21 OMNI
[09:56] {Roman} 21 long off 6
[09:56] {Threei} of course
[09:56] {fernp} out S +.10 scalp is scalp
[09:58] {dino} gj
[09:58] {Threei} LEH, another short here with stop above 33.10
[09:59] {Roman} 21 EMKR long setup
[09:59] {Roman} 21 in
[10:00] {Roman} 21 8.14 1/2
[10:00] {Threei} APRIL FACTORY ORDERS: 1.1% V -0.1%E- prior revised from 1.3% to 1.5%
[10:00] {dino} all is well then
[10:00] {Threei} yup
[10:00] {Roman} 21 long WB
[10:01] {Roman} 21 22.85
[10:01] {Roman} 21 market recovery may help
[10:01] {fernp} out QQQQ +.15
[10:01] {dino} de sm l .50
[10:02] {Threei} new low LEH
[10:03] {Threei} half out .55
[10:03] {Roman} 21 out 1/2 OMNI +28
[10:03] {Threei} +.34
[10:03] {Threei} out in full
[10:03] {Threei} got .38 on exit
[10:03] {Threei} .89 - .38...
[10:04] {Threei} my math abilities are not too good
[10:04] {magoo} .68 vad
[10:04] {fernp} out 1/2 IPG +.10
[10:04] {Threei} wow... what a bounce
[10:05] {dino} kndl spread gonna get me
[10:05] {Threei} anyone did LEH?
[10:05] {magoo} missed it
[10:06] {Threei} QTWW, my little cutie
[10:06] {Roman} 21 out 1/2 WB +.25
[10:06] {Threei} nice Roman
[10:06] {pita} +.26 ty
[10:07] {Threei} on what pita?
[10:07] {pita} leh
[10:07] {Threei} :)
[10:07] {pita} sm shares only
[10:07] {Threei} yeah, thing is volatile
[10:07] {Roman} 21 long CPSL small
[10:07] {Roman} 21 5.53
[10:08] {Roman} 21 ctdc
[10:08] {Threei} but... remember Geo's trade when I called BSC short at 50?
[10:08] {Threei} his comment was "never saw that much money made on 100 shares" lol
[10:08] {Threei} btw, Geo on one month leave, asked to say hello to you
[10:09] {Threei} wow OMNI
[10:09] {Threei} hitting them just right Roman
[10:10] {Roman} 21 BCON
[10:11] {dino} out de .98, +.48
[10:12] {Chaeron} good morning everyone
[10:12] {Threei} chaeron :)
[10:13] {dino} mvsn stop to .49
[10:13] {dino} gm chaer
[10:14] {Chaeron} heya 3i, dino
[10:14] {Threei} remember we picked LEH as main short target for today vs MER?
[10:14] {Threei} look at both
[10:14] {Threei} LEH down over a buck
[10:14] {Threei} MER merely 30+cents
[10:14] {dino} sohu
[10:15] {dino} cgrb
[10:17] {dino} arex s .61 sm
[10:18] {Threei} dp, look dcc please
[10:18] {Threei} FEED holding well
[10:18] {Threei} .90 half lot long if stays above .75
[10:19] {dino} arex stopped .88 -.27
[10:20] {Threei} XIDE .41 long half lot
[10:22] {Threei} stop under .30
[10:23] {Threei} ese, look dcc please
[10:26] {Threei} ASIA
[10:26] {Threei} break of .20 long
[10:27] {Threei} stop under 14
[10:30] {Threei} HEARING STRENGTH ATTRIBUTED TO RUMOR THAT DRIV HAS DROPPED OUT OF CONFERENCE
[10:30] {Threei} huh?
[10:30] {Threei} someone is totally desperate wbout coming up with explanations
[10:31] {Threei} LEH is bottomless
[10:31] {Threei} asia
[10:31] {Threei} market pullback held it back, let's see is it ramps up with bounce
[10:32] {pita} in asia
[10:34] {Threei} OMNI new high... still in Roman?
[10:34] {Roman} 21 yes, still got 1/2
[10:35] {Threei} nice
[10:35] {Roman} 21 still in JRJC
[10:35] {Roman} 21 GEOI
[10:35] {Roman} 21 nothing
[10:36] {dptl} stopped xide
[10:36] {Roman} 21 COIN bouncing today
[10:39] {Threei} why did I ever bother to cover LEH?
[10:40] {dino} hrs sm l .42
[10:41] {judijim} hello everyone, good morning
[10:42] {Threei} jj :)
[10:42] {Chaeron} hijj
[10:43] {magoo} jj:)
[10:47] {fernp} ORCL
[10:51] {Threei} HILLARY CLINTON ACKNOWLEDGE TONIGHT THAT OBAMA HAS NOMINATION - SOURCES
[10:53] {fernp} out 1/2 ORCL +.20
[10:56] {Chaeron} watch Obama ask Clinton for VP slot... and I don't mean Hillary... :)
[10:57] {Threei} I can't find words powerful enough to express my awe and admiration for QTWW
[10:57] {Chaeron} geeesh... get a room...
[10:58] {Threei} you are just envious
[10:59] {Threei} of our great mutual love
[10:59] {fernp} out ORCL +.30
[10:59] {Threei} wtg
[10:59] {Threei} that was fine setup fern
[10:59] {Roman} 21 out remaining OMNI +.72
[10:59] {Threei} looked when you mentioned it
[11:00] {Chaeron} happy for you both... now can ASIA find some love?
[11:00] {Threei} that's simply indecent Roman
[11:00] {fernp} easy to read
[11:00] {Chaeron} Nice one Roman!
[11:00] {dino} gj
[11:00] {Threei} who makes 72 cents on $6 stock?
[11:01] {Roman} 21 thanks
[11:01] {dino} rfr does
[11:04] {Threei} FED CHAIRMAN BERNANKE: REMAINS SKEPTICAL OF THE ABILITY OF CENTRAL BANKS TO PRICK ASSET BUBBLES, NEED TO EXAMINE HOW CENTRAL BANKS RESPOND TO BUBBLES
- Banks can potentially use supervision, regulation to address asset bubbles, brokers, banks must be prepared for strains, it is necessary to ensure that all systemically important financial firms buffered against shocks, Fed direct interaction with banks is key to adequate oversight.
[11:04] {Threei} - Says that much of the USD drop since 2002 has been unwinding of past gain
[11:04] {Threei} this unwinding is part of the process of restoring the global trade balance.
[11:04] {Threei} - Weakening of the USD has had some inflationary impact, a modest commodity price impact.
[11:04] {Threei} - Supply and demand factors are the most important components of commodity prices.
[11:04] {Threei} - The rise in commodity prices are a major shock to inflation and consumer purchasing power
[11:11] {Roman} 21 out 1/2 CPSL +.30
[11:11] {Roman} 21 out JRJC -.31
[11:11] {Threei} finally
[11:11] {Threei} now we know Roman is human
[11:12] {Roman} 21 thanks, by the way, i love the video interview on your home page vad
[11:12] {Roman} 21 when was that taken?
[11:12] {Threei} in vegas
[11:12] {Threei} same year we met there
[11:12] {magoo} roman interwiew?
[11:13] {Threei} and you scared the heck out of me when almost strangled me as I tried to take your custard
[11:14] {Threei} no mags, mine
[11:15] {Threei} Roman's interview was scheduled but never posted... they thought "don't touch my custard if you want to see the light of the next day" was a bit too short
[11:16] {Roman} 21 :)
[11:16] {Threei} and he refused to talk about anything elose, saying "this is my only message to the world and future generations"
[11:16] {magoo} :)
[11:18] {Threei} jeez ASIA, what's your problem
[11:18] {Threei} go already
[11:19] {Threei} just so you know... roman's love for custard is exceeded or matched only by my love for bacon... and trying to take it from him is as risky as holding 10K of GOOG overnight
[11:19] {dino} you guys are making me hungry
[11:20] {esemde} signing off see you all tomorrow
[11:20] {Threei} take care ese
[11:20] {magoo} really..i have a lunch craving for a BLT sandwiche, xtra bacon
[11:20] {dino} cya es
[11:36] {Threei} S&P: LEH DOES NOT HAVE A CAPITAL ISSUE 'AT THIS TIME', UNDERSTAND LEH IS LOOKING TO RAISE MORE CAPITAL
[11:36] {Roman} 21 VLNC picking up some steam
[11:36] {Threei} yeah, looking at it for a few days, can't make up my mind about it
[11:37] {Threei} wow COIN
[11:37] {Threei} what's up
[11:37] {Roman} 21 just a bounce IMO
[11:37] {Threei} US TREASURY: BERNANKE AND PAULSON ARE COMMITTED TO POLICIES FOR PROPERLY FUNCTIONING MARKETS AND ECONOMY - SPOKESPERSON
[11:38] {dptl} nvtl?
[11:38] {Threei} oh good... I was afraid they were looking to implement improper policies
[11:38] {Threei} probably worth a try for scalp at .83, dp
[11:39] {dptl} ok ty
[11:42] {dino} gymb'
[11:44] {Threei} LEH
[11:44] {Threei} painsd me to say... but break of .50 priobably a long scalp
[11:48] {Threei} if holding above .35
[11:56] {Threei} 1;1
[11:56] {dino} dgly
[11:58] {Threei} anyone did LEH on break?
[11:59] {dptl} me +.19 ty
[11:59] {magoo} sorry to report..i missed all 3 of your LEH today
[11:59] {Threei} CLINTON CAMPAIGN CHAIRMAN DISPUTES REPORTS OF CLINTON CONCESSION OF DEMOCRATIC NOMINATION TUESDAY , NOTES RECENT REPORTS AS INCORRECT
[12:00] {Threei} PREVIEW: MAY US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
DRAFT
[12:00] {Threei} **consensus estimates:
[12:00] {Threei} - Ford: -17.5%e adjusted basis (usually released at Noon ET).
[12:00] {Threei} - GM: -23%e adjusted basis (usually released around 1:45pmET).
[12:00] {Threei} - May 2008 had 27 selling days, one more than May 2007. On an unadjusted basis, the estimates above would be higher by about 4%
[12:00] {Threei} is it ugly or what
[12:00] {dino} indeed
[12:01] {Threei} Ford
[12:01] {Threei} TOTAL VEHICLE SALES DOWN 16% FOR MAY, AFFIRMS Q2 AND Q3 PRODUCTION TARGETS
[12:07] {pita} later guys
[12:09] {Threei} take care pita
[12:11] {dino} plce
[12:22] {dino} mvsn out .82 +.37
[12:27] {Threei} LEH, same setup again
[12:27] {Threei} .50 break
[12:28] {magoo} if this is only one i try..it is certain to fail :(
[12:29] {dino} plce sm l .68
[12:34] {Chaeron} LEH has to hold .30?
[12:34] {Threei} .30 -.35 area
[12:34] {Chaeron} thx
[12:37] {Chaeron} in
[12:37] {Chaeron} .51
[12:39] {Threei} DAI REPORTS MERCEDES-BENZ CAR SALES UP 12% IN THE US IN MAY
[12:39] {Threei} NSANY REPORTS MAY US NISSAN AND INFINITI BRAND SALES UP 4.4%
[12:43] {Threei} don't you hate ACOR
[12:43] {Threei} no clean entry on either breakout or pullback
[12:50] {dino} stop/covkndl .69 -.19
[12:51] {Roman} 21 NCOC long
[12:51] {Roman} 21 small
[12:51] {Roman} 21 7.82
[12:55] {dptl} stopped leh
[12:55] {Threei} yeah
[12:56] {dino} plce stop to b/e
[12:58] {dptl} ah ....just can't win these days...taking a break
[12:58] {Threei} hmmm
[12:58] {Threei} 4 calls on LEH
[12:58] {Threei} 3 winners, 1 stop
[12:58] {dptl} only did 2
[12:58] {Threei} if that qualifies as "can't win"...
[12:58] {dptl} i did some other trades
[13:00] {dino} shake it off dp, we all go through slumps
[13:00] {dino} remember, good trading is not about being right, it's about trading right
[13:01] {dino} gymb taunting me
[13:01] {Chaeron} back... stopped on LEH - sorry Vad
[13:04] {magoo} [12:29] {magoo} if this is only one i try..it is certain to fail :(
[13:04] {Threei} yuo guys are full of optimism
[13:04] {Threei} I am leaving for Tibet cave
[13:04] {Threei} for 3 years
[13:05] {Threei} this is how long it's going to take to shake off this outlook
[13:06] {dino} hmmm (dino not in that group)
[13:06] {Threei} no
[13:06] {Threei} it's like you expect yourself to lose
[13:06] {dino} cme
[13:06] {Threei} ever seen anyone winning while being already resigned?
[13:07] {dino} i must agree w/you
[13:09] {Threei} CFTC: WITHDRAWING PROPOSALS TO BOOST SPECULATIVE LIMITS ON CERTAIN AGRICULTURAL FUTURES
- Notes it will ask for more information from swaps dealers and index traders.
[13:09] {Threei} - Planning a monthly publication of trader information regarding agricultural markets starting in July.
[13:10] {dino} good
[13:17] {dino} plce stop to .94
[13:19] {Threei} ABK CEO: FIRM HAS NO LIQUIDITY WORRIES - TV INTERVIEW
[13:19] {dino} to .08
[13:20] {dino} out .18 +.50
[13:20] {dino} abk sounds familiar, same speach in march
[13:21] {Threei} and same as BSC couple days before demise {G}
[13:22] {Threei} oil losing 125
[13:22] {dino} yes, leh similar too
[13:22] {Threei} UAUA moved a bit today
[13:23] {Threei} DAL too
[13:23] {Threei} and NWA
[13:23] {Threei} airlines benefit from oil dump
[13:24] {dino} going to need a much bigger oil dump for them to stay out of chapter 11
[13:24] {Threei} true
[13:24] {dino} where does cme bottom, -130+ points in a month
[13:25] {dino} to 350 strike perhaps
[13:25] {Threei} OBAMA GAINS THE DEMOCRATIC NOMINATION, ACCORDING TO AP DELEGATE COUNT
[13:26] {magoo} where i short it dino
[13:27] {dino} cme?
[13:29] {dino} my original call last week was 400, now 350 by expiration, but today, imo, the safer play is long after this 25 pt drop from 10:00 am
[13:32] {dino} hrs stopped -.42
[13:32] {Threei} what just happened?
[13:32] {Threei} I see no news for this dump
[13:33] {fernp} what had happened?
[13:33] {Roman} 21 maybe its the OBAMA NEWS
[13:34] {cosmo} they find obama?
[13:34] {cosmo} oops
[13:34] {Threei} wierd
[13:34] {Threei} it's not like it's an unexpected news
[13:35] {fernp} nothing in briefing.com
[13:35] {Threei} and it's not like he is already a president
[13:36] {dino} it's the obama/hillary ticket scaring the sh#t out of markets
[13:40] {dino} breaking yesterdays lod
[13:40] {dino} dji
[13:41] {Chaeron} was the market thinking that they were going to release the alledged Michelle tape and Hillary would get the nom?
[13:42] {_rant} 10:41] {_rant} what made the mkt tank
[13:42] {_rant} [10:41] {_rant} was away for 30 mins
[13:42] {_rant} [10:41] {_rant} and red everywhere
[13:42] {dino} market is thinking much higher taxes coming next year, capital gains to 28% for starters
[13:43] {Threei} our current guess is, Obama winning nimonation, rant
[13:43] {dino} of course, it could just all be magoos' fault
[13:43] {Chaeron} would we had rallied if Senator clinton won?
[13:44] {Threei} good question Chaeron
[13:45] {dino} either way, not market friendly imo
[13:46] {dino} but....obama showing weakness considering hillary. we know she would not have choosen him
[13:49] {Threei} I don't know what to make of this selloff
[13:49] {Threei} staying on a sideline
[13:49] {Roman} 21 6.2 quake shakes Solomon Isles; no tsunami warning issued - DJ
[13:49] {dino} waiting for ipi around 47.30s
[13:50] {Chaeron} I still think that he should ask Bill to be the VP... He'd accept, just out of ego, even in the face of his his wife losing the nom...and it would be a love fest for the party lol
[13:52] {dino} can he, constitutionally, be pres. again?
[13:52] {dino} vp could end up pres.
[13:55] {Threei} look at LEH
[13:56] {fernp} OIL and market falling
[13:56] {Threei} yes
[13:56] {Threei} HEARING NEGATIVE CHATTER CIRCULATING IN LEHMAN; CHATTER LEHMAN ACCESSING THE FED DISCOUNT WINDOW
[13:56] {Threei} uh oh
[13:56] {dino} bsc all over
[13:58] {fernp} Banking index -BKX- breaks under its 5-yr low
[13:59] {_rant} any read on WFR ?
[13:59] {_rant} its just dropping
[13:59] {Threei} no
[13:59] {Threei} stay away
[14:00] {Threei} in this market you can lose your shirt in a blink of eye
[14:00] {_rant} crap...already in
[14:00] {_rant} ya...
[14:00] {_rant} money evaporating...
[14:00] {Threei} in where, long, short?
[14:01] {_rant} long
[14:01] {_rant} at 65.5
[14:01] {_rant} sucks..
[14:01] {Threei} wow
[14:01] {Threei} why no stop??
[14:01] {_rant} dumb move..
[14:02] {_rant} now lickin my wounds
[14:02] {Threei} ok... trading without stops is surefire way to disaster
[14:02] {_rant} yes it is..
[14:02] {Threei} a lot of people checked it for themselves
[14:02] {Threei} why do you need to join them?
[14:03] {_rant} was getting stopped out..just to see it reverse
[14:04] {Threei} I don't understand
[14:04] {Threei} there is a stop level for any setup
[14:04] {Threei} it's hit, you are out
[14:05] {_rant} broke my own rule...deserve to lose money
[14:07] {Threei} IMO, this market selloff is LEH, not Obama
[14:07] {dino} agree, bit of panic in brokers
[14:07] {dino} but, let's blame the politicians anyway
[14:07] {Chaeron} LKEH shorted itself... they'll be fine
[14:07] {Chaeron} LEH
[14:08] {Threei} lol
[14:08] {Threei} I am really interested how it's going to unfold
[14:08] {dino} i bet you gs shorted them
[14:08] {Threei} they can't repeat BSC scenario
[14:08] {Roman} 21 Bush signs amended credit-card law to reduce retailer lawsuits - Bloomberg
[14:09] {Threei} and they say they can't let the big bank fail
[14:10] {Roman} 21 long WB
[14:10] {Roman} 21 small
[14:10] {Roman} 21 21.58
[14:11] {Roman} 21 out WB
[14:11] {Roman} 21 +.01
[14:13] {dino} lol
[14:14] {magoo} nice roman :)
[14:14] {Roman} 21 every penny counts
[14:14] {magoo} 10k shgares?
[14:14] {Roman} 21 2k
[14:14] {dino} y, just busting you
[14:16] {_Kazaam} are you guys seeing occasional $1 dollar and 50cent spikes on LEH? or is that just my data feed
[14:16] {Threei} not here
[14:17] {Threei} chart matches level 2 and T&S
[14:17] {_Kazaam} well, i guess you get what you pay for when you use Barcharts.com Ninja trader feed
[14:19] {_Kazaam} what broker would guys suggest for your style of trading? or for somebody just starting out in stocks?
[14:19] {dino} direct access
[14:20] {_Kazaam} mbtrading?
[14:20] {Chaeron} see the stuff on LASER on realitytrader home page?
[14:20] {_Kazaam} yes
[14:20] {Chaeron} wow... someone in this room that can read... :))
[14:20] {Threei} that would not be me
[14:20] {magoo} his spelling is good too
[14:20] {Chaeron} pfffft... you just write
[14:20] {Threei} yes
[14:21] {Threei} but I can't read what I write
[14:21] {_Kazaam} i never said i could read, LASER had pretty pictures
[14:21] {Threei} rofl
[14:21] {Chaeron} oh brother... you'll fit in here just fine :)
[14:21] {Chaeron} me stopped on ASIA.... took too dang long
[14:22] {Roman} 21 time to buy QQQQs
[14:22] {Roman} 21 bidding QQQQ 48.77
[14:22] {dptl} laser had pretty pictures ...lol.....you should see laser live it's like christmas every day
[14:23] {Roman} 21 long WB
[14:23] {Roman} 21 small, 21.10
[14:25] {Roman} 21 out WB
[14:25] {Roman} 21 +.15
[14:25] {Chaeron} nice scalp
[14:25] {Roman} 21 in QQQQs 48.73
[14:27] {Chaeron} got .72 here Roman... thank you
[14:27] {dino} gj
[14:27] {Roman} 21 please don't thank until we are out of position
[14:28] {Roman} 21 u are right vad LEH is partially responsible for the selloff
[14:28] {fernp} bad tick in LEH ?
[14:28] {fernp} low 22.85
[14:29] {Threei} I don't have it
[14:29] {Threei} 28.98 low here
[14:30] {dino} 22.85
[14:34] {dino} 8.95 tomorrow at open (memories)
[14:37] {Roman} 21 out QQQQ +.10
[14:38] {dino} ipi sm l .60
[14:39] {_rant} nice roman
[14:39] {_rant} u r pretty much in the zone
[14:39] {Chaeron} out .83 Roman +.11... now may I thank you?
[14:39] {Roman} 21 let me think about it
[14:39] {Chaeron} thanks any way
[14:39] {Roman} 21 yw
[14:43] {magoo} man..i got a lesson today on MA
[14:43] {magoo} never really knew it was that wild
[14:43] {Roman} 21 LEH decent bounce
[14:43] {Roman} 21 WB
[14:43] {Roman} 21 maybe get a scalp here
[14:44] {Roman} 21 21.42
[14:45] {Roman} 21 i'll pass
[14:51] {dptl} out +.20 wb ty Roman
[14:51] {Threei} I am getting my half of QTWW back here
[14:51] {Threei} very much looks like double bottom on intraday
[14:51] {Threei} and support from yesterday
[14:52] {dino} out ipi .00, +.40
[14:53] {dino} ok, gotta hop for 30 or so, accountant issues
[14:53] {_rant} entry vad ?
[14:54] {Threei} got .63
[14:54] {_rant} and all imp SL ?
[14:54] {Threei} hmm?
[14:54] {_rant} stop loss
[14:55] {Threei} well, it's a swing trade for me, from yesterday
[14:55] {Threei} my original entry was .64,
[14:55] {_rant} ah ok
[14:55] {Threei} sold half at .74 this morning,
[14:55] {Threei} got it back now at .63,
[14:55] {Threei} so I'd think .49 is my logical stop
[14:56] {Threei} for a new entry it's a different structure
[15:04] {Roman} 21 LEH Lehman Brothers denies speculation it accessed Fed borrowing window (31.72 -2.16) -Update-
[15:04] {Roman} 21 nice
[15:04] {Roman} 21 WB again
[15:05] {magoo} vasd, im 50 bux in the hole..find me a winner ..paaaaallllleeease
[15:06] {Chaeron} lol... I must buy twice as much as you magoo
[15:07] {Chaeron} maybe not a good time to bother Vad magoo... he's too busy pitching woo to QTWW
[15:07] {Threei} 50 bucks?
[15:07] {Threei} you could have already made it on that same QTWW
[15:09] {Threei} REPORTEDLY LEHMAN TREASURER DENIES SPECULATION THAT IT HAS ACCESSED FED BORROWING FACILITY; NOTES LAST TIME ACCESSED FACILITY WAS APRIL 16- Notes its liquidity position in Q2 is $40B vs $34B at end of Q1
[15:09] {magoo} coulda..shoulda...c'mon...get me something
[15:10] {Threei} I did... but you need to take me off ignore if you want to see my calls {G}
[15:10] {magoo} i know...
[15:10] {Threei} now, I know you enjoy clicking that Ignore button
[15:11] {magoo} i do..plus u ignore me so i feel like its revenge :)
[15:11] {Threei} but look at the price:
[15:11] {Threei} even if you took lousy 1000 shares of QTWW
[15:11] {Threei} at not the best price available, .65 let's say
[15:12] {Threei} you qwould have been up over 100 bucks already
[15:12] {Threei} which takes care of your pain and suffering
[15:12] {Threei} and even gets you in the black
[15:12] {Threei} sooo... sweet revenge or making money... chose wisely :)
[15:17] {magoo} somehow i feel..as while u type all this...u are not putting forth best effort for my next trade lol
[15:17] {Threei} no... I am not done tormenting you about previous one :)
[15:18] {magoo} and how can i put a price on sweet sweet revenge?
[15:18] {magoo} u, being a mean man of sort..can relate
[15:18] {Threei} me? I am warm and fuzzy
[15:20] {magoo} your so cold...i heard it was your original idea for the quebec ice hotel
[15:21] {Threei} actually, they killed it
[15:21] {Threei} I didn't mean to have blankets, fireplaces etc in it
[15:21] {Threei} it was meant to be just ice
[15:21] {magoo} ROFLOL
[15:21] {magoo} i have immediate family that went there
[15:21] {magoo} actually, they froze
[15:24] {Threei} market's fate is in LEH hands for the next few sessions
[15:24] {Threei} LEH goes the way of Dodo and BSC - market drops like there is no tomorrow
[15:25] {Threei} LEH proves to be honest when says "no problem" (give me a minute to laugh out loud) 0 market explodes tio the upside
[15:26] {_rant} worth going long on WB at 21.7 ?
[15:27] {Threei} Roman's baby... I don't have a grip on it
[15:28] {Threei} ROYL
[15:28] {magoo} alright, + 100 without u...IN YOUR FACE
[15:28] {Threei} hehe
[15:28] {magoo} revenge rules lol
[15:28] {Threei} on what?
[15:29] {magoo} rimm
[15:29] {magoo} old faithful
[15:29] {Threei} :)
[15:29] {magoo} .69 to .97
[15:29] {Threei} ROYL poullback closer to .50
[15:29] {Threei} risky scalp long
[15:29] {magoo} now..u trying to make me lose it????
[15:31] {Threei} don't chase
[15:31] {Threei} it's pullback or let it go
[15:33] {_rant} wot a reversal
[15:33] {_rant} dont know how to trade this crazy mkt
[15:34] {Threei} sit it out
[15:34] {Threei} no need to be in the middle of every battle
[15:34] {_rant} ya...
[15:34] {_rant} lucky WFR recovered
[15:34] {_rant} plain lucky
[15:34] {Threei} take a gift...
[15:34] {Threei} and swear never to do it again
[15:35] {_rant} how do u keep urself soo calm n focused
[15:35] {Threei} this kind of things will simply put you out of business
[15:35] {_rant} its amazin
[15:35] {magoo} hes a machine
[15:35] {Threei} I do it for 12 years... every day
[15:35] {_rant} i know
[15:35] {magoo} like hal in space odessy
[15:35] {magoo} mastrer computer running this room
[15:35] {_rant} traders are known to breakin their rules..
[15:35] {Threei} if I was taking it with such tension, I would have burnt out long ago
[15:38] {_rant} lot to learn from you !!
[15:38] {Threei} look at ROYL
[15:39] {Threei} see mags... I was trying to make you money... again
[15:39] {Threei} (all to no avail)
[15:39] {_rant} some ppl can retire with such trades..
[15:39] {Threei} good idea actually
[15:39] {_rant} :)
[15:41] {magoo} oh contrare monfrare
[15:41] {Threei} sheesh... I am not learnbing another language
[15:42] {magoo} in royl
[15:42] * Threei slaps magoo around a bit with a large trout
[15:43] {Threei} notice: I did it in calm and focused manner
[15:43] {magoo} OUT .18 LOL
[15:43] {magoo} ty
[15:43] {Threei} from?
[15:43] {magoo} .86
[15:43] {Threei} wtg
[15:43] {Threei} good way to finish the day
[15:44] {Threei} now...
[15:44] {Threei} looking at OMNI
[15:44] {Threei} it moved a bit with ROYL
[15:44] {magoo} whren u said do not chase..i figured hmm..he wants to hurt me ,..so i went in
[15:44] {Threei} lol
[15:44] {Chaeron} logical
[15:44] {Threei} at the moment pullback to .50 was best entry
[15:44] {magoo} cause watching a runner hurts
[15:45] {Threei} question is,
[15:45] {Threei} has OMNI a good chance to gap?
[15:45] {Threei} or LEH goes belly up overnight and all gaps are eliminated :)
[15:45] {magoo} not great day..but winn streak contuinues to day 6
[15:45] {Threei} not great eh?
[15:45] {magoo} in a tiough market for magoo
[15:45] {Threei} made money and whining
[15:45] {Threei} sigh
[15:45] {magoo} up 200
[15:46] {Threei} the nerve on some
[15:46] {magoo} id slap me
[15:46] {magoo} id=i'd
[15:47] {Threei} thus I won't
[15:47] {magoo} xcuse me..day 7
[15:47] {Threei} argh... that did it
[15:47] {magoo} if majke it out today alive
[15:47] * Threei slaps magoo around a bit with a large trout
[15:47] {Threei} alive yes, but this fishy smell...
[15:47] {Threei} OK, I'll take some OMNI I guess
[15:47] {Threei} risky
[15:48] {magoo} not 1..but 2 today...alls well
[15:51] {Threei} OMNI on the move
[15:52] {Threei} PPC
[15:52] {Threei} STATES COMPANY DOES NOT SHIP CHICKEN TO RUSSIA
[15:52] {Threei} lol
[15:52] {Threei} neither di I
[15:52] {Threei} but I don't run around posting headlinea about it
[15:52] {_Kazaam} lol
[15:52] {Threei} OMNI baby
[15:52] {Threei} half out
[15:52] {Threei} half for overnight
[15:53] {Threei} that was another 150 bucks for you mags
[15:53] {Threei} now... may I hope to be taken off ignore?
[15:53] {_rant} how do u spot breakouts ?
[15:54] {Threei} scanner
[15:54] {Threei} it spits them out like tennis ball machine
[15:54] {_rant} and scan for what kind of formula
[15:54] {Threei} not formula
[15:54] {Threei} chart fomration
[15:54] {Threei} formation
[15:55] {_Kazaam} are you using trade ideas?
[15:55] {Threei} our version of it
[15:55] {Threei} IntelliScan
[15:55] {Threei} has our setups built in
[15:56] {_rant} i use strategyDesk
[15:56] {Threei} including JBE and DBI, my setups for breakout/breakdown
[15:56] {_rant} jbe ?
[15:56] {Threei} OK... you need to read some of our matwerials :)
[15:56] {_rant} ya :0
[15:56] {Threei} techniques of tape Reading
[15:56] {Threei} The master profit plan
[15:56] {Threei} these two is a must
[15:57] {Threei} scalping video course IF you focus on intraday trading
[15:57] {Threei} I am ready to answer any questions, but you realize I can't retype whole book here :)
[15:58] {_rant} sure..will go through it..
[15:58] {Threei} btw
[15:58] {fernp} IMO video course also is a must
[15:58] {Threei} if after reading through the website you decide you need it, pay attention to best value offer
[15:59] {_rant} but wot i am not clear is, u still have to tell intelliscan software wot u r looking for
[15:59] {Threei} MPP, videocourse and online course, and psych CDs ASND two months of room on top
[15:59] {Threei} that's not even value... that's a steal
[15:59] {_rant} based on some conditions it will pop out some stocks..right
[15:59] {Threei} there are preconfigured strategies in it rant
[16:00] {Threei} can tweak them all you want,
[16:00] {Threei} or can use them as it is
[16:00] {_rant} i see
[16:00] {Threei} OK guys, gotta leave now
[16:00] {Chaeron} QTWW :)
[16:00] {Threei} have accountant appointment on corporate taxes
[16:00] {Threei} yes chaeron :)
[16:01] {Threei} thank you all
[16:01] {Chaeron} thanks Vad
[16:01] {fernp} TY vad
[16:01] {Threei} turned out a rather nice day
[16:01] {_rant} thanks vad
[16:01] {Threei} see you tomorrow
[16:01] {dptl} have a good evening all
[16:01] {_Kazaam} adios everybody
[16:03] {magoo} TY vad
[16:03] {magoo} thanx all
Tuesday, June 3, 2008
Monday, June 2, 2008
Jun 02 2008
Session Time: Mon Jun 02 00:00:00 2008
[08:02] {Threei} CPST
[08:02] {Threei} ANNOUNCES FIRST ORDER FOR NEW C1000
[08:31] {Threei} CSIQ
[08:31] {Threei} SIGNS $500M SUPPLY AGREEMENT WITH NEO SOLAR POWER- Under the terms of the new agreement, NSP will supply several hundred megawatts (MW) of solar cells through 2013
[08:32] {Threei} NKTR
[08:32] {Threei} POSITIVE DATA ANNOUNCED FOR NKTR-102 (PEG-IRINOTECAN), HIGHLIGHTS PROMISE OF NEKTAR'S INNOVATIVE SMALL MOLECULE PEG-ONCOLYTICS
[08:32] {Threei} NKTR interesting daily
[08:35] {Threei} 06/01/08 10:03pm Energy: FT reports that prices in the solar power industry could collapse
[08:43] {magoo} morn
[08:43] {Threei} magoo :)
[08:47] {magoo} news ACOR?
[08:47] {Threei} 06:00am [ACOR] Releases positive data from a second Phase III study of Fampridine-SR on the walking ability of people with multiple sclerosismore
[08:48] {magoo} good pre volume vad
[08:58] {magoo} ACOR very active vad, any read?
[08:58] {Threei} on such gap, no
[09:00] {Threei} FSLR sizeable hit
[09:03] {magoo} IMCL down..news?
[09:04] {Threei} 08:20am [IMCL] CEO: Erbitux trials were in patients with more severe illness than patients in Avastin trials -- TV interview
[09:05] {Threei} BEXP
[09:05] {Threei} ANNOUNCES VICKSBURG AND WILLISTON BASIN RED RIVER DISCOVERIES
[09:09] {fernp} good morning
[09:12] {Threei} fern :)
[09:20] {dptl} good morning all
[09:20] {Threei} dp :)
[09:21] {pita} gm everyone
[09:21] {Threei} pita :)
[09:21] {Threei} observing CPST battle
[09:21] {Threei} daily formed bull flag
[09:22] {Threei} break of 4 - 4.05 zone is an idea for entry
[09:23] {Threei} if loses 4.90, will have to re-evaluate
[09:23] {Threei} 3.90 sorry
[09:24] {_osbo} hi
[09:25] {Threei} osbo :)
[09:25] {Threei} QTWW is still on radar too
[09:27] {dino} gm all
[09:27] {Threei} dino :)
[09:28] {Threei} BEXP is trying
[09:29] {Threei} risky one
[09:29] {Threei} I'd like to see some consolidation on it first
[09:31] {Threei} let's try CPST 4.01 long with stop under 3.90
[09:32] {magoo} dont look BEXP
[09:32] {magoo} sigh
[09:32] {Threei} untradeable spike
[09:34] {Threei} drop closer to 15 if we are lucky
[09:34] {Threei} small shares if gives entry
[09:34] {Threei} volatility is a killer on it
[09:35] {magoo} yeah
[09:36] {Threei} WIND, another one of interest if pulls back
[09:37] {Threei} cpst invaliadated
[09:37] {magoo} look at RIMM vad
[09:37] {magoo} if IF mkt turns up
[09:38] {dino} abmd
[09:39] {Threei} 07:00am [ABMD] Receives 510(k) clearance from the FDA for Impella 2.5 device
[09:40] {Threei} FRPT
[09:40] {Threei} WINS STAY FROM NASDAQ DELISTING UNTIL SEPTEMBER 15, 2008
[09:42] {Threei} SBAC half lot long .50 if stays above .35
[09:45] {Threei} WIND worth a try here
[09:45] {Threei} .21 long
[09:45] {Threei} .09 stop
[09:46] {Threei} market can't find floor so far
[09:46] {dino} wants -200 dji
[09:48] {Roman} 21 BCON
[09:48] {Roman} 21 long
[09:48] {Roman} 21 1.97
[09:48] {Roman} 21 small
[09:51] {Threei} WIND invalidated
[09:52] {Threei} fuqi
[09:52] {dino} hrs
[09:55] {dino} hrs sm l .35
[09:55] {Threei} slow one, acts like salmon: RFMD
[09:56] {Threei} break of 4 on daily leaves it with no resistance for quite a while
[09:56] {Threei} 4.10 worth a try with stop under 4
[09:57] {Threei} what's got into ROYL
[09:59] {dino} athn
[10:00] {Threei} MAY ISM MANUFACTURING: 49.6 V 48.5E; PRICES PAID: 87 V 85.0E
[10:00] {Threei} APR CONSTRUCTION SPENDING M/M: -0.4% V -0.6%E
[10:02] {Threei} SEED
[10:02] {Threei} .75 long
[10:02] {Threei} stop under .60
[10:03] {Threei} WHITE HOUSE OFFICIAL: CLIMATE CHANGE BILL COULD CUT GDP BY AS MUCH AS 7% IN 2030
[10:03] {Threei} let's worry about that in 2029
[10:05] {esemde} I' am in....good morning. still struggling with log in. have to go to your webste Vad and take server number to log in in ...not automatic anymore
[10:05] {Threei} hi ese
[10:05] {Threei} enter it as a resreve server in your mirc
[10:05] {Threei} will be much faster
[10:06] {Threei} host experiences DNS problem, so have to log in with direct IP
[10:06] {esemde} what is mirc
[10:06] {Threei} this software we are in right now :)
[10:06] {esemde} ahhhh
[10:07] {Threei} File-Options-Connect-Add
[10:07] {esemde} Ok where do i find that
[10:07] {esemde} tks your fast
[10:07] {Threei} btw, IntelliScan users, everyone got e-mail?
[10:07] {esemde} yes
[10:08] {magoo} yes
[10:15] {Roman} 21 QTWW Quantum Fuel resumed with a Buy at Ardour Capital; tgt $4.50 (2.45 +0.02)
[10:15] {Threei} let's trail SEED to under .65
[10:15] {Threei} QTWW daily looks interesting if breaks .57
[10:15] {esemde} nice idea Vad sharing your scans....
[10:15] {esemde} tks
[10:15] {Threei} :)
[10:16] {Threei} Geo's idea
[10:17] {Threei} new 52 week highs will put QTWW in almost uncharted territory... last time it was above these levels was in 2006
[10:18] {Threei} XIDE
[10:18] {Threei} .25 half lot long
[10:18] {Threei} stop under17
[10:20] {judijim} gm everyone
[10:20] {Threei} come on XIDE, you can move
[10:20] {Threei} jj :)
[10:21] {dino} axys
[10:22] {Roman} 21 FEED
[10:22] {Roman} 21 long small
[10:22] {Roman} 21 15.53
[10:24] {Threei} BRCM
[10:24] {Threei} 28 breakdown short
[10:25] {Threei} .11 stop/invalidating level
[10:25] {Threei} .21 is better resistance but want to keep it tight, even at risk of being shaken out
[10:26] {Threei} off radar
[10:27] {Chaeron} good morning all
[10:27] {magoo} C babt:)
[10:27] {esemde} CcccccccHhhhhhhh baby
[10:28] {Threei} chaeron :)
[10:28] {Chaeron} heya mags, ese, Vadster
[10:28] {dino} hrs stop to .42
[10:28] {dino} out +.07
[10:32] {Roman} 21 GEOI
[10:32] {Roman} 21 wants over @9
[10:32] {Roman} 21 29
[10:33] {magoo} .
[10:33] {Threei} BEXP will never stop uh?
[10:33] {magoo} ..
[10:34] {magoo} vad server quick..quotes
[10:34] {Threei} neither will acor
[10:34] {Chaeron} whatcha need mags?
[10:34] {magoo} quote server??
[10:34] {magoo} im dead here
[10:34] {Threei} quotes off
[10:35] {Chaeron} yep
[10:35] {Threei} grr
[10:37] {dino} what do you guys need?
[10:37] {Threei} XIDE?
[10:37] {dino} bexp 17.50, hrs 55.25, rimm 136.40
[10:37] {hawkfan4} 16.98
[10:37] {hawkfan4} xide
[10:38] {Threei} ugh
[10:38] {dino} 17 xide
[10:38] {Threei} ty... and RFMD?
[10:38] {Chaeron} back on
[10:38] {Chaeron} 4.04
[10:39] {dino} 4.05
[10:39] {Threei} ok back here too
[10:39] {magoo} server??
[10:39] {Chaeron} #5 here
[10:39] {Threei} 3
[10:40] {magoo} ty
[10:40] {magoo} charts??
[10:40] {Chaeron} #3
[10:41] {magoo} ty guys
[10:42] {Chaeron} :)
[10:42] {dino} no problem man
[10:42] {dino} (as dino re-lives a jamaica trip)
[10:43] {Chaeron} I think XIDE invalidated
[10:43] {magoo} dino passes by with beads and braides in his hair
[10:43] {Chaeron} dino - shuddap.. :))
[10:44] {fernp} out JBL +.40
[10:44] {magoo} BEXP just has the feel vad
[10:44] {dino} irea mon
[10:45] {Threei} what was that on VVUS?
[10:46] {Roman} 21 out 1/2 FEED +.58
[10:46] {Threei} FEED works roman
[10:47] {Threei} nice one
[10:47] {Threei} I can't find squat so far
[10:47] {Roman} 21 still in SEED?
[10:47] {Threei} yeah
[10:47] {Threei} FEED helps it
[10:48] {Threei} not sure it has mojo
[10:48] {Threei} expected it to perform much better after taking big resistance
[10:50] {Threei} .50 loss short BEXP, half lot
[10:51] {magoo} now that scares me...
[10:51] {magoo} i like it long
[10:51] {Chaeron} in caxses like this magoo, do the opposite of what *I* do :)
[10:52] {magoo} what u gonna do?
[10:52] {Chaeron} I'm not tellin' :P
[10:52] {magoo} that makes it hard
[10:52] {Threei} use .75 as invalidating level
[10:53] {Threei} there... no need to be scared anymore :)
[10:53] {Roman} 21 long CSUN
[10:53] {Chaeron} I was trying for long at .76
[10:53] {magoo} feel much better now, TY
[10:53] {Roman} 21 1/3 size small 11.68
[10:53] {Roman} 21 SOLF, JASO, radar
[10:54] {Roman} 21 long ESLR
[10:54] {Roman} 21 10.08
[10:54] {Roman} 21 small
[10:55] {dino} athn sm l .10
[10:56] {magoo} BEXP risky..but feel 19 comith
[10:57] {magoo} not in
[10:57] {magoo} i will post if go
[10:57] {magoo} very RISKY
[10:57] {magoo} like trying to pluck tomatoe off end of vads kabob
[10:57] {magoo} while he holding it
[10:59] {Threei} in yet?
[11:00] {magoo} no
[11:01] {Threei} viscous market today
[11:01] {Threei} not my kind
[11:01] {magoo} thats the problem
[11:01] {magoo} mkt won't go
[11:01] {magoo} very weak market
[11:02] {magoo} my grandfather warren always said...go with your gut
[11:02] {magoo} u may know him
[11:02] {Threei} LDK
[11:02] {magoo} buffet?
[11:02] {Threei} .90 half lot long
[11:02] {Threei} this pullback will show the stop level
[11:03] {dino} lod's
[11:04] {Threei} QTWW honestly trying
[11:04] {dino} as opposed to?\
[11:05] {Threei} all those that just pretend to
[11:05] {dino} ahhh i knew you had a point
[11:07] {Roman} 21 ACPW Active Power announces China Utility selects eight powerHouse systems from Active Power (1.46 +0.06)
[11:07] {Roman} 21 big new fo ACPW
[11:07] {magoo} dubya on cnbc..seems confused lol
[11:07] {Roman} 21 in 1.70
[11:07] {magoo} l aapl here .77
[11:08] {magoo} small..stop lod
[11:10] {Roman} 21 long GLBL
[11:10] {Roman} 21 17.39 , slow
[11:11] {Threei} finally SEED
[11:11] {magoo} out here .01
[11:11] {magoo} + .34
[11:12] {Threei} wtg
[11:12] {Threei} out SEED .90
[11:12] {magoo} has more but heh..scalpin
[11:15] {magoo} LDK invalid vad?
[11:15] {dino} avan
[11:16] {Threei} yeah
[11:16] {Threei} scalped CSUN, ty Roman
[11:16] {Threei} AVAN
[11:16] {Threei} EXTENDS SURVIVAL BY 33.1 MONTHS, DBL TIME IT TAKES FOR TUMOR TO REGROW
[11:18] {magoo} l bexp .30 if gets there RISKY..too appx. .9123246
[11:18] {magoo} needs to trigger..scary on pullbacks
[11:19] {Threei} sheesh AVAN
[11:19] {dino} top?
[11:20] {Chaeron} I feel as though the trades are all passing me bye, pointing and laffing as they go...
[11:20] {dino} v sm waiting at 22.40 for now
[11:20] {Chaeron} by... sorry Raven... too fast fingers
[11:20] {dino} me too chaer
[11:20] {magoo} vad too
[11:21] {dino} everything feels a bit off today
[11:21] {magoo} vad..AVAN avail short just in case
[11:21] {Threei} true dino
[11:21] {Threei} those that move don't give clean entries
[11:21] {Threei} and those that show setups don't move
[11:22] {dino} y
[11:22] {Threei} Monday hangover
[11:22] {dino} i have 6 orders floating out there, nothing hitting
[11:22] {magoo} i have 6 stops out there..all vads
[11:23] {Threei} here is today's market:
[11:23] {magoo} KIDDING {just want my trout}
[11:23] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[11:25] {Threei} good news
[11:25] {Threei} Google finance has real time quotes now
[11:25] {magoo} funny video vad
[11:25] {Threei} we may stop trading off 15 minutes delay
[11:25] {Threei} http://googlefinanceblog.blogspot.com/2008/06/nasdaq-quotes-go-real-time-on-google.html
[11:29] {dino} gifi
[11:30] {Threei} BRCM 28 short would have worked if I didn't overtighten invaliding level
[11:30] {Threei} day of missed opportunities, today is
[11:31] {dino} indeed
[11:32] {dino} whats w/gifi?
[11:32] {magoo} well..day is still young
[11:32] {Threei} nothing fresh GIFI
[11:32] {magoo} lotsa time to miss lots more
[11:32] {Threei} lol
[11:32] {dino} lol
[11:33] {magoo} l aapl .50
[11:33] {dino} magoo, forever the optimus (not)
[11:33] {magoo} small
[11:33] {magoo} stop .11
[11:33] {dino} optimist
[11:35] {magoo} i am what i am..just a man..doing best i can
[11:35] {Threei} magoo doing poerty is last thing I hoped to see
[11:36] {magoo} waiting on aapl @ 187.11
[11:36] {dino} popeye
[11:36] {magoo} no..last thing u want to see is magoo doing porno he he
[11:37] {Threei} even mental image of that burns my retina
[11:37] {dino} here comes the -200
[11:38] {dino} cx avan short order, sometimes i expect too much
[11:38] {pita} later all
[11:38] {Threei} take care pita
[11:40] {magoo} bye pita
[11:40] {Threei} ever seen 40 cents spreadon $2 stock?
[11:41] {Threei} EDEN
[11:43] {magoo} aapl hits 2:1..u on your own...i still in it
[11:47] {Threei} VLNC woke up a bit today
[11:47] {Threei} had news earlier, I hesitated about it because none of this small ones moved
[11:47] {Threei} didn't want to get stuck in one more
[11:48] {Threei} look at QTWW... new 52 week highs, perfect daily, news... and it barely moved
[11:48] {Threei} in the right sector too
[11:48] {Threei} ENER
[11:48] {Threei} UNITED SOLAR OVONIC EXPANDING -- EXPECTS TO ADD 400 JOBS IN GREENVILLE, MICHIGAN
[11:50] {Threei} Roman is about the only bright star in the sky today
[11:50] {magoo} i hit a couple
[11:50] {magoo} scalpers
[11:51] {Threei} sure did
[11:51] {Threei} but I ignore you, you know that, right?
[11:51] {magoo} oh right :)
[11:51] {Threei} :)
[11:56] {Threei} RIMM long here with stop under .70
[11:58] {dino} lol
[11:59] {Threei} 1:1 in a hurry
[12:01] {Threei} QTWW new high, full cents higher than old high
[12:01] {Threei} with such blazing speed it risks to burn its skin to blisters
[12:02] {hawkfan4} lol
[12:03] {Threei} wow... magoo, look what stock I found
[12:03] {Threei} MAGS
[12:04] {magoo} AWESOME..u can buy stake in me
[12:04] {Threei} you've got nice chart but lousy volume
[12:04] {magoo} thats what my wife tells me
[12:04] {Threei} be a doll and trade half mil, will ya
[12:05] {Threei} look at little engine that could
[12:05] {Threei} QTWW I mean
[12:05] {Threei} bravely made another cent
[12:07] {Threei} RIMM 1:2 almost
[12:07] {Threei} out .27
[12:07] {Threei} +.36
[12:07] {Threei} irony aside... just how anemic market ought to be to ignore all the factors in QTWW
[12:08] {Threei} in any kind of more or less active market I would expect this thing to be closer to 3 already
[12:16] {Threei} JRCC, small shares long if stays above 40 and takes 40.15
[12:19] {Threei} not likely to hold
[12:19] {Threei} but if does, has real power
[12:20] {dino} cme 404,
[12:20] {Threei} in
[12:20] {Threei} .95 stop
[12:21] {Threei} showed nice determination taking all those offers, gotta respect that
[12:21] {Threei} hopefully can take .20 too
[12:21] {magoo} where u in? .15
[12:21] {Threei} got patials, .10, .14 and .15
[12:21] {magoo} k
[12:21] {Threei} there were hidden orders I guess
[12:22] {magoo} probably roman :)
[12:22] {Threei} come on JRCC, be finally one that works for real
[12:25] * Threei pokes JRCC with sharp stick
[12:27] {Threei} like poking amoeba
[12:29] * Threei kicks JRCC in the rear with steel-toed heavy duty army boots
[12:29] {dino} poking and amoeba should not be in same sentence
[12:29] {Chaeron} lost carrot from last week?
[12:29] {Threei} ok... let's try that
[12:29] * Threei dangles a carrot in front of JRCC's nose
[12:32] {Threei} does its amoeba-like shape prevents me from telling where the nose is vs rear?
[12:34] {Threei} now now JRCC... don't look baack anymore
[12:35] {dino} lod
[12:35] {Threei} sheesh... sudden market drop stoped it just when it was ready
[12:35] {Threei} S&P CUTS INVESTMENT BANK RATINGS INCLUDING MERRILL, LEHMAN AND MORGAN STANLEY
[12:35] {Threei} this is what send market down IMO
[12:36] {Threei} look aat MER and LEH
[12:38] {dino} -200
[12:39] {Threei} sigh
[12:39] {Threei} stopped JRCC
[12:39] {Chaeron} blame S&P... they could have waited a few more minutes...
[12:40] {Threei} or we should have taken 1:1
[12:40] {Threei} but heck, didn't this thing have all the markings of a real runner
[12:44] {dino} 12440 support area 1948 ndx
[12:48] {Threei} ACOR short small shares .55, .75 stop
[12:48] {dino} sm l avav .41
[12:49] {Threei} LEH half lot short.15
[12:49] {Threei} stop .35
[12:49] {Threei} too fast LEH?
[12:50] {Threei} or someone managed to get it?
[12:50] {magoo} not i
[12:50] {Chaeron} nor I
[12:50] {Threei} cut through tirgger too quickly
[12:51] {Threei} 0ver 50 cents drop...
[12:54] {dptl} ah...stopped acor
[12:54] {Threei} did it trigger?
[12:55] {Threei} I must have missed it with LEH
[12:55] {dptl} .77 trades went off
[12:55] {Threei} no, I mean trigger on entry
[12:56] {dptl} yes got .54
[12:56] {Threei} one of those days
[12:56] {dptl} yeah...i am having really bad day
[12:57] {Threei} not a first time... and you always recovered and made some
[12:58] {dino} ksws s .52
[13:00] {Threei} ese, look dcc please
[13:02] {Threei} market reacts on financials news as if it was a surprise
[13:03] {Threei} like anyone in their right mind thought everything was fine in fancial sector
[13:03] {Threei} financial
[13:04] {dino} ksws stopped -.25
[13:08] {Threei} MER new lows
[13:08] {Threei} LEH stabilized so far
[13:09] {Threei} better bounce candidate
[13:13] {dino} ipi sm l .55
[13:14] {Threei} Roman, still in CSUN?
[13:15] {Roman} 21 no
[13:15] {Roman} 21 out
[13:15] {Threei} OK... moved nicely after all
[13:19] {Threei} LEH pullback worth long try
[13:22] {Threei} first strength from here
[13:23] {Threei} in .91
[13:23] {Threei} stop under .80
[13:24] {Threei} out half +.12
[13:24] {Threei} stop ro .88
[13:24] {Chaeron} I took +.14 scalp... many thanks for LEH
[13:24] {Threei} welcome
[13:25] {Chaeron} in .93 - out .07
[13:28] {Threei} MER .15 long if stays above 42
[13:30] {Chaeron} heck
[13:34] {Threei} S&P: RETIRING OLD ANALYTICAL MODEL, WILL NOW CONCENTRATE ON RISK BASED CAPITAL ANALYSIS
[13:34] {Threei} what did they concentrate before on?
[13:37] {Threei} interesting... LEH drops alone this time
[13:37] {Threei} MER is holding, market too
[13:37] {Threei} are they in the race now "who is next BSAC"?
[13:38] {magoo} BEXP interesting
[13:38] {Threei} wou;dn't you expect JPM to go up on all this, since they are likely to buy next failed bank for $3? {G}
[13:40] {Threei} MER is valid again, IMO
[13:40] {magoo} in aggressive .12
[13:40] {Threei} lol
[13:40] {Threei} me too
[13:41] {hawkfan4} me three
[13:41] {magoo} chaer??
[13:41] {Threei} uh oh
[13:42] {Chaeron} not me - dang phone
[13:43] {dptl} stop 42?
[13:43] {Threei} under
[13:43] {dptl} ok
[13:43] {Threei} it tagged .95 on last pullback
[13:43] {Threei} so it's either .99 or .94 now
[13:43] {Threei} depending on your entry, position size and risk tolerance
[13:45] {Chaeron} mer long @ .15?
[13:45] {Threei} magoo... you decide
[13:47] {magoo} huh?
[13:47] {Threei} let chaeron in or not
[13:47] {magoo} alright..let him know
[13:47] {magoo} been weird day..who knows
[13:47] {Threei} chaeron... magoo said yes
[13:48] {magoo} may help
[13:48] {Threei} what do you know... it did
[13:52] {Chaeron} I miussed
[13:52] {Chaeron} I am so mad... phone
[13:52] {Chaeron} too late?
[13:52] {Threei} don't chase
[13:52] {Threei} chart looks good but this is very liquid situation
[13:52] {Threei} MER is in the middle of hot battle
[13:53] {Threei} anything can happen here
[13:54] {Threei} for .12 entry 1:1 here
[13:55] {Threei} FED'S LOCKHART: CURRENT STANCE ON POLICY IS APPROPRIATE, BALANCED FOR RISKS, FED MUST BE FLEXIBLE WITH RATE STANCE - Q&A
- Policy must be flexible to repond to developments, either on the ground or inflation.
[13:55] {Threei} - There is no doubt that the weaker dollar has helped US exports, raised commodity prices.
[13:55] {Threei} - Sees US economic growth below 2.5-3.0% in 2009, growth in 2009 will be higher than H208 but below potential.
[13:55] {Threei} - Libor can continue to seve the market well, libor is a vital part of the financial system.
[13:59] {magoo} .
[14:00] {Chaeron} sigh
[14:00] {magoo} i said u could go with us
[14:01] {Chaeron} I couldn't get
[14:02] {Chaeron} I hate my phone toiday
[14:02] {Threei} me out at .40
[14:03] {Threei} magoo, hawk... you still in?
[14:03] {hawkfan4} yes
[14:03] {Threei} brave soul
[14:04] {Threei} dp?
[14:04] {dptl} still in
[14:04] {magoo} me too
[14:04] {Threei} good luck guys... my scalper's blood is boiling
[14:05] {dino} avav stop to .81
[14:08] {hawkfan4} out .54, thx Vad
[14:08] {Threei} sheesh you guys... 40 cents is not enough for you to take partial at least?
[14:08] {Threei} whew
[14:08] {dino} pigs
[14:09] {Threei} looking at its chart today, is it reasonable to expect it to recover all the way to 43?
[14:09] {Threei} stranger things happened of course
[14:09] {_rant} any read on FMCN ?
[14:10] {Threei} FMCN is weither short on 38 breakdown or long on 38.15 breakout
[14:10] {Threei} small shares in any case
[14:10] {Threei} volatile one
[14:10] {_rant} thx
[14:10] {_rant} ya...it is
[14:10] {Threei} sure... be careful with it
[14:10] {_rant} huge short interest
[14:10] {Threei} capable of hurting bad
[14:11] {_rant} mkt seems to be done with selling..i guess
[14:11] {Threei} looks this way
[14:11] {magoo} still in
[14:11] {Threei} mags, dp, you have over 60 cents profit
[14:11] {Threei} do I have to trout you to protect some?
[14:11] {magoo} out .67 TY
[14:12] {Threei} too late
[14:12] * Threei slaps magoo around a bit with a large trout
[14:12] {Threei} I already decided to trout you
[14:12] {Threei} but welcome :)
[14:12] {Chaeron} nice job magoo... I'll have to sit out more often
[14:12] {magoo} i got in .12 w/u
[14:12] {Threei} cut that cord chaeron
[14:13] * Threei slaps dptl around a bit with a large trout
[14:13] {dptl} offering 43.15
[14:13] {Threei} eeck
[14:14] {Threei} are you trying to recover previous stops all in one swoop?
[14:14] {dptl} traling under .50
[14:14] {Threei} OK, if trailing then valid way to play it
[14:15] {Threei} I withdraw my objections
[14:15] {Threei} but not trouting
[14:15] {dino} avav stop to .92
[14:15] {Threei} nice one dino
[14:16] {dino} ty
[14:16] {dino} nobody pays attention anymore, :)
[14:16] {Threei} I do
[14:16] {Threei} I just pretend not to
[14:16] {dino} lol
[14:16] {dino} see, bruce would
[14:16] {Threei} just to maintain an image of generally not very nice man, you know
[14:17] {dino} take it to .99
[14:17] {Threei} LEH followed the path of recovery too but I was hesitant on it
[14:17] {Threei} didn't like how it dropped while MER and market overall stopped making new lows
[14:18] {Threei} ROYL... very scary thing,
[14:19] {Threei} as it pulls back into .50 resistance those who are seriousl adrenalin deprived may consider an entry
[14:19] {Threei} sorry, .50 support
[14:20] {dino} ncoc
[14:23] {dptl} ahh out .50 mer ty
[14:24] {Threei} welcome
[14:24] {dino} gj
[14:24] {Threei} with LEH and MER plays, did we minimize damage?
[14:25] {dino} avav tighten to .13
[14:25] {Threei} too bad that LEH short got away.... was pure beauty
[14:26] {dino} ath stop to .40 all day
[14:29] {dino} to .58
[14:31] {dino} avav to .31
[14:31] {magoo} anyone hit ROYL?
[14:31] {Chaeron} not my type of spread... thanks tho
[14:32] {dino} out avav .35 ave. +.94
[14:33] {Threei} wtg
[14:33] {dino} lucky
[14:33] * magoo slaps dino around a bit with a large trout
[14:33] {dino} should've caught me on tight stop sooner
[14:34] {Threei} LEHMAN MAKING CAUTIOUS COMMENTS ON SOLAR NAMES- Cautions on companies with strong Spanish business due to the possible ramifications of new Spanish legislation inhibiting MW growth.{SOLF CSIQ STP YGE}
[14:34] {dino} out athn .63 +.53
[14:34] {Threei} CFC?
[14:35] {Threei} asnyone sees any news?
[14:36] {hawkfan4} 14:32 CFC Countrywide: BAC CEO Lewis affirms Countrywide purchase - Bloomberg (5.40 +0.14)
[14:36] {Threei} ty, not on my wires
[14:36] {dino} 8/15 expected close date 6.11/sh
[14:37] {Threei} 6.11 cash?
[14:38] {dino} bac no .1822
[14:38] {Threei} here is from earlier todasy:
[14:38] {Threei} [BAC] Bank of America Corp CEO: Sees no reason for dividend cut, has no interest in buying investment bank, sees no need for strategic acquisitions at this time
[14:38] {Threei} - Notes sees current credit crunch better than 1973-1974
[14:38] {Threei} - Affirms CFC purchase if markdowns are accurate, notes that CFC has better technology
[14:39] {Threei} so it's still conditional and tied to BAC price
[14:39] {Threei} tough to play
[14:40] {Threei} ROYL start looking like momo resumption, mags
[14:41] {Threei} 7.90 - 8 area if taken can send it anywhere
[14:41] {Threei} to 9 or to 7
[14:41] {Threei} make your pick
[14:45] {Threei} rant, nice scalp if you shorted FMCN
[14:45] {Threei} 1:2 easy
[14:57] {Threei} LULU earnings after closer
[14:58] {Threei} ACOR
[14:58] {Threei} CEO: APPROVAL OF FAMPRIDINE WOULD TRANSFORM COMPANY- says drug sales could finance research on other multiple sclerosis-related drugs, two newer drugs have repaired nerve insulation in animals
[14:59] {Threei} if QTWW closes around here, going to take it home
[14:59] {Threei} could turn into swing trade
[15:00] {magoo} is LULU the crazy one?
[15:00] {Threei} yes
[15:00] {Chaeron} well named
[15:01] {Threei} LOL!!!
[15:01] {Threei} look at this
[15:01] {Threei} MER
[15:01] {Threei} HEARING DEFENDED AT LEHMAN BROTHERS (TIMING UNCERTAIN){MS}
[15:02] {Threei} now I am waiting for MER defending LEH, and after that I will be able to say "now I've seen it all"
[15:07] {Threei} CSUN spiking
[15:10] {Threei} CSUN
[15:10] {Threei} CREDIT SUISSE DISCLOSES 15.7% STAKE PASSIVE STAKE, UP FROM 2% REPORTED IN MARCH - FILING
[15:14] {Threei} LEH daily looks like catastrophe in the making
[15:14] {magoo} short setup?
[15:15] {Threei} hard to tell
[15:16] {Threei} nothing really on intraday
[15:18] {Threei} let's keep an eye on both of them tomorrow
[15:18] {Threei} LEH andf MER
[15:19] {Threei} less interested in MS
[15:20] {Threei} JPM maybe short tomorrow if consolidaates close to 41.60 and breaks down
[15:22] {Threei} why am I stuttering on a all the time
[15:23] {magoo} ?
[15:23] {Threei} consolidaates
[15:24] {Threei} LEH is really the weakest in the group
[15:24] {Threei} probably will be our main target among financials tomorrow
[15:25] {Threei} unless I forget
[15:26] {Chaeron} I'll remind you
[15:27] {Threei} thank you
[15:27] {Threei} (providing you don't forget)
[15:27] {magoo} LOOK at qqqq chart
[15:28] {Threei} ?
[15:28] {magoo} as in upward
[15:29] {Threei} ugh... CSUN waoke up
[15:31] {_Kazaam} vad, can trial members ask questions?
[15:31] {Threei} can? they must
[15:31] {Threei} :)
[15:32] {_Kazaam} thanks : )
[15:32] {magoo} isn't that a question? lol
[15:32] {Threei} sure
[15:32] {Threei} lol
[15:32] {_Kazaam} heh
[15:32] {Threei} we are fairly democratic bunch
[15:32] {Threei} except magoo
[15:32] {Threei} he is dictator
[15:32] {dino} slap him
[15:32] {Threei} nope
[15:32] {Threei} he loves it too much
[15:33] {magoo} c'mon....i dare ya
[15:34] {dino} double dog dare
[15:34] {_Kazaam} is the basic screening method for finding tradable stocks to watch the news? or do you guys trade the same basket of stocks everyday?
[15:34] {Threei} 3 things
[15:34] {Threei} 1. Usual suspects
[15:34] {Threei} those that we know to move nicely and have usually a read on
[15:34] {Threei} RIMM, AAPL, at some point BRCM and NVDA
[15:35] {Threei} 2. news-imapcted ones that get activity
[15:35] {Threei} and most broad group is those found by scanner
[15:35] {Threei} Scanner is tuned for our most traded setups
[15:35] {Threei} so it spits them out
[15:35] {Threei} we pick those that look good
[15:36] {Threei} thrid group provides mosr plays
[15:37] {_Kazaam} were the LEH and MER plays based on News? or scanner?
[15:37] {Threei} news
[15:37] {Threei} that credit downgrade is a biggie
[15:37] {Threei} financial sector is very vulnerable
[15:38] {Threei} and this kind of news was sure to bring activity
[15:38] {_Kazaam} there is so much news, do you filter it or do you just watch it all?
[15:38] {Threei} filtering mentally
[15:38] {dino} less is more
[15:38] {_Kazaam} gotcha
[15:39] {_Kazaam} thanks
[15:39] {dino} layn spike
[15:39] {Threei} trying to pick only those items that are focused in hot sectors,
[15:39] {Threei} mention known to move symbols,
[15:39] {Threei} contain potentially big news
[15:40] {Threei} CSUN news for instance matched all three criterias
[15:40] {Threei} known name, hot sector, nice news
[15:41] {Threei} overall however, less than stellar day for us
[15:41] {Threei} somehow it must be magoo fault... not sure how
[15:41] {_Kazaam} thanks for the detailed rundown, has it been a breakeven day for most?
[15:41] {Threei} I personally am slightly in the red
[15:41] {Chaeron} don't know how I did it but netted -$1.00 before commish
[15:42] {Threei} and holding QTWW slightly in the money
[15:42] {Threei} will see if it brings me joy and happiness tomorrow
[15:42] {dino} black here but only 5 trades
[15:42] {Chaeron} nice ones tho dino :)
[15:43] {_Kazaam} one average how many trades do you guys take a day?
[15:43] {Threei} who cares how many trades dino... profitable on one beats losing on 15 :)
[15:43] {dino} ty lucky
[15:43] {dino} missed layn short
[15:43] {Threei} hmm... not sure... really depends on market activity
[15:43] {Threei} I'd say anywhere from 3-5 to 10-15
[15:43] {dino} me, 10
[15:44] {magoo} not good to overtrade..odds work against you
[15:44] {Threei} JRCC, what a disgusting way to shake us out, then explode
[15:44] {Threei} look at it
[15:44] {Threei} no, better don't
[15:45] {magoo} gggggrrrrrrrrrrrrrrrrr
[15:47] {Threei} QTWW trying high again
[15:48] {Threei} cute little bugger
[15:49] {Threei} ok ROYL... let's do it
[15:49] {Threei} cut through 8, will ya
[15:50] {dino} mdvn l .56
[15:50] {Threei} out 8.20
[15:51] {magoo} nice one dav:)
[15:51] {Threei} you mags?
[15:51] {magoo} oyut
[15:51] {magoo} TY
[15:51] {Threei} :)
[15:51] {Threei} wasn't easy one by any means
[15:51] {Threei} but it's your kind
[15:52] {magoo} is it magoo or was today REAL work?
[15:52] {_rant} who is buyin at these levels :)
[15:52] {_rant} up 40%
[15:52] {Threei} those to whome we sell
[15:52] {Threei} (happily)
[15:52] {magoo} some would say "smart money" buys into bell
[15:53] {Threei} certainly was tough to read day mags
[15:53] {Threei} ROYL too me in black
[15:53] {Threei} tok
[15:53] {Threei} took
[15:53] {magoo} me too vad
[15:53] {Threei} there... just a third attempt, and I get 4-letts word right
[15:54] {magoo} took all day to get there
[15:54] {Threei} yeah, early stops were like ballast on the feet
[15:55] {Threei} but heck... as long as put emotions in the back pocket and trade valid setups, things normalize sooner or later
[15:55] {Threei} losses go in clusters sometimes
[15:55] {Threei} instead of being evenly distributed
[15:56] {_rant} still flying
[15:56] {_rant} wow
[15:56] {Threei} QTWW new 1 cent-high
[15:56] {_rant} i had a lousy day..one of those days..where all trades were missed
[15:56] {Threei} it happens
[15:57] {_rant} no action..
[15:57] {Threei} don't let it become an emotional luggage
[15:57] {magoo} it was a tough day..tomorrow will be better..i vcan feel it
[15:57] {Threei} focussing on these things tends to create mental monsters
[15:57] {Threei} that eat you from inside
[15:57] {_rant} ya...forcing me to make mistakes
[15:57] {_rant} and break my own trading rules
[15:58] {Threei} hold on... lousy day meant you haven't gotten any trades?
[15:58] {_rant} ya
[15:58] {_rant} no trades at all
[15:58] {Threei} come on
[15:58] {_rant} just kept waiting and waiting
[15:58] {Threei} beats getting stopped too many times
[15:58] {_rant} :)
[15:58] {Threei} now, why missing them?
[15:58] {_rant} true
[15:58] {Threei} software too slow? you are too hesitant?
[15:58] {_rant} probably waitin for better price
[15:58] {_rant} hesistant...
[15:59] {Threei} setup has trigger...
[15:59] {Threei} trigger is hit, get in
[15:59] {Threei} I unerstand sometimes entry is a bit fuzzy
[15:59] {Threei} like when I say "first strength from here"
[15:59] {Threei} or "as close to ... as possible"
[16:00] {Threei} but when there is a defined trigger, like ".15 long is stays above ..."
[16:00] {_rant} i m normally skeptic when the mkt falls 200pts
[16:00] {Threei} just get it
[16:00] {_rant} coz most of my trades are short entry...
[16:00] {magoo} oh..no trades not lousy day...i thought u meant down hard
[16:00] {_rant} no action day...
[16:00] {Threei} yeah, my first thought too
[16:00] {magoo} dino says"any day up good day"
[16:00] {dino} flat or up is good imo
[16:00] {_rant} no thrill :)
[16:00] {Threei} ahhh
[16:00] {Threei} thrill
[16:01] {dino} lulu blood
[16:01] {Threei} REPORTS Q1 $0.12 V $0.12E, R$78.2M V $71.8ME
[16:01] {magoo} LULU tankage
[16:01] {_rant} big time
[16:02] {Threei} don't see guidance yet
[16:02] {_rant} spread is dangerous
[16:02] {Threei} well... it's lulu LEMON
[16:03] {dptl} have a good evening all
[16:03] {Threei} take care dp
[16:03] {Threei} thank you all
[16:03] {Threei} have a good evening
[16:03] {Threei} see you tomorrow
[16:03] {magoo} TY vad, nite all
[16:04] {_Kazaam} thanks, bye
[16:04] {_rant} thanks vad..
[16:04] {Threei} you too QTWW... may you open at 10
[16:05] {Threei} there you go LULU... guidance .68 - .71 vs .74 consensus
[16:05] {magoo} some leak it??
[16:07] {fernp} Thank you for everything Vad. See you tomorrow.
[16:21] {dino} gn all
[16:28] {judijim} Take good care, be back tomorrow
[08:02] {Threei} CPST
[08:02] {Threei} ANNOUNCES FIRST ORDER FOR NEW C1000
[08:31] {Threei} CSIQ
[08:31] {Threei} SIGNS $500M SUPPLY AGREEMENT WITH NEO SOLAR POWER- Under the terms of the new agreement, NSP will supply several hundred megawatts (MW) of solar cells through 2013
[08:32] {Threei} NKTR
[08:32] {Threei} POSITIVE DATA ANNOUNCED FOR NKTR-102 (PEG-IRINOTECAN), HIGHLIGHTS PROMISE OF NEKTAR'S INNOVATIVE SMALL MOLECULE PEG-ONCOLYTICS
[08:32] {Threei} NKTR interesting daily
[08:35] {Threei} 06/01/08 10:03pm Energy: FT reports that prices in the solar power industry could collapse
[08:43] {magoo} morn
[08:43] {Threei} magoo :)
[08:47] {magoo} news ACOR?
[08:47] {Threei} 06:00am [ACOR] Releases positive data from a second Phase III study of Fampridine-SR on the walking ability of people with multiple sclerosismore
[08:48] {magoo} good pre volume vad
[08:58] {magoo} ACOR very active vad, any read?
[08:58] {Threei} on such gap, no
[09:00] {Threei} FSLR sizeable hit
[09:03] {magoo} IMCL down..news?
[09:04] {Threei} 08:20am [IMCL] CEO: Erbitux trials were in patients with more severe illness than patients in Avastin trials -- TV interview
[09:05] {Threei} BEXP
[09:05] {Threei} ANNOUNCES VICKSBURG AND WILLISTON BASIN RED RIVER DISCOVERIES
[09:09] {fernp} good morning
[09:12] {Threei} fern :)
[09:20] {dptl} good morning all
[09:20] {Threei} dp :)
[09:21] {pita} gm everyone
[09:21] {Threei} pita :)
[09:21] {Threei} observing CPST battle
[09:21] {Threei} daily formed bull flag
[09:22] {Threei} break of 4 - 4.05 zone is an idea for entry
[09:23] {Threei} if loses 4.90, will have to re-evaluate
[09:23] {Threei} 3.90 sorry
[09:24] {_osbo} hi
[09:25] {Threei} osbo :)
[09:25] {Threei} QTWW is still on radar too
[09:27] {dino} gm all
[09:27] {Threei} dino :)
[09:28] {Threei} BEXP is trying
[09:29] {Threei} risky one
[09:29] {Threei} I'd like to see some consolidation on it first
[09:31] {Threei} let's try CPST 4.01 long with stop under 3.90
[09:32] {magoo} dont look BEXP
[09:32] {magoo} sigh
[09:32] {Threei} untradeable spike
[09:34] {Threei} drop closer to 15 if we are lucky
[09:34] {Threei} small shares if gives entry
[09:34] {Threei} volatility is a killer on it
[09:35] {magoo} yeah
[09:36] {Threei} WIND, another one of interest if pulls back
[09:37] {Threei} cpst invaliadated
[09:37] {magoo} look at RIMM vad
[09:37] {magoo} if IF mkt turns up
[09:38] {dino} abmd
[09:39] {Threei} 07:00am [ABMD] Receives 510(k) clearance from the FDA for Impella 2.5 device
[09:40] {Threei} FRPT
[09:40] {Threei} WINS STAY FROM NASDAQ DELISTING UNTIL SEPTEMBER 15, 2008
[09:42] {Threei} SBAC half lot long .50 if stays above .35
[09:45] {Threei} WIND worth a try here
[09:45] {Threei} .21 long
[09:45] {Threei} .09 stop
[09:46] {Threei} market can't find floor so far
[09:46] {dino} wants -200 dji
[09:48] {Roman} 21 BCON
[09:48] {Roman} 21 long
[09:48] {Roman} 21 1.97
[09:48] {Roman} 21 small
[09:51] {Threei} WIND invalidated
[09:52] {Threei} fuqi
[09:52] {dino} hrs
[09:55] {dino} hrs sm l .35
[09:55] {Threei} slow one, acts like salmon: RFMD
[09:56] {Threei} break of 4 on daily leaves it with no resistance for quite a while
[09:56] {Threei} 4.10 worth a try with stop under 4
[09:57] {Threei} what's got into ROYL
[09:59] {dino} athn
[10:00] {Threei} MAY ISM MANUFACTURING: 49.6 V 48.5E; PRICES PAID: 87 V 85.0E
[10:00] {Threei} APR CONSTRUCTION SPENDING M/M: -0.4% V -0.6%E
[10:02] {Threei} SEED
[10:02] {Threei} .75 long
[10:02] {Threei} stop under .60
[10:03] {Threei} WHITE HOUSE OFFICIAL: CLIMATE CHANGE BILL COULD CUT GDP BY AS MUCH AS 7% IN 2030
[10:03] {Threei} let's worry about that in 2029
[10:05] {esemde} I' am in....good morning. still struggling with log in. have to go to your webste Vad and take server number to log in in ...not automatic anymore
[10:05] {Threei} hi ese
[10:05] {Threei} enter it as a resreve server in your mirc
[10:05] {Threei} will be much faster
[10:06] {Threei} host experiences DNS problem, so have to log in with direct IP
[10:06] {esemde} what is mirc
[10:06] {Threei} this software we are in right now :)
[10:06] {esemde} ahhhh
[10:07] {Threei} File-Options-Connect-Add
[10:07] {esemde} Ok where do i find that
[10:07] {esemde} tks your fast
[10:07] {Threei} btw, IntelliScan users, everyone got e-mail?
[10:07] {esemde} yes
[10:08] {magoo} yes
[10:15] {Roman} 21 QTWW Quantum Fuel resumed with a Buy at Ardour Capital; tgt $4.50 (2.45 +0.02)
[10:15] {Threei} let's trail SEED to under .65
[10:15] {Threei} QTWW daily looks interesting if breaks .57
[10:15] {esemde} nice idea Vad sharing your scans....
[10:15] {esemde} tks
[10:15] {Threei} :)
[10:16] {Threei} Geo's idea
[10:17] {Threei} new 52 week highs will put QTWW in almost uncharted territory... last time it was above these levels was in 2006
[10:18] {Threei} XIDE
[10:18] {Threei} .25 half lot long
[10:18] {Threei} stop under17
[10:20] {judijim} gm everyone
[10:20] {Threei} come on XIDE, you can move
[10:20] {Threei} jj :)
[10:21] {dino} axys
[10:22] {Roman} 21 FEED
[10:22] {Roman} 21 long small
[10:22] {Roman} 21 15.53
[10:24] {Threei} BRCM
[10:24] {Threei} 28 breakdown short
[10:25] {Threei} .11 stop/invalidating level
[10:25] {Threei} .21 is better resistance but want to keep it tight, even at risk of being shaken out
[10:26] {Threei} off radar
[10:27] {Chaeron} good morning all
[10:27] {magoo} C babt:)
[10:27] {esemde} CcccccccHhhhhhhh baby
[10:28] {Threei} chaeron :)
[10:28] {Chaeron} heya mags, ese, Vadster
[10:28] {dino} hrs stop to .42
[10:28] {dino} out +.07
[10:32] {Roman} 21 GEOI
[10:32] {Roman} 21 wants over @9
[10:32] {Roman} 21 29
[10:33] {magoo} .
[10:33] {Threei} BEXP will never stop uh?
[10:33] {magoo} ..
[10:34] {magoo} vad server quick..quotes
[10:34] {Threei} neither will acor
[10:34] {Chaeron} whatcha need mags?
[10:34] {magoo} quote server??
[10:34] {magoo} im dead here
[10:34] {Threei} quotes off
[10:35] {Chaeron} yep
[10:35] {Threei} grr
[10:37] {dino} what do you guys need?
[10:37] {Threei} XIDE?
[10:37] {dino} bexp 17.50, hrs 55.25, rimm 136.40
[10:37] {hawkfan4} 16.98
[10:37] {hawkfan4} xide
[10:38] {Threei} ugh
[10:38] {dino} 17 xide
[10:38] {Threei} ty... and RFMD?
[10:38] {Chaeron} back on
[10:38] {Chaeron} 4.04
[10:39] {dino} 4.05
[10:39] {Threei} ok back here too
[10:39] {magoo} server??
[10:39] {Chaeron} #5 here
[10:39] {Threei} 3
[10:40] {magoo} ty
[10:40] {magoo} charts??
[10:40] {Chaeron} #3
[10:41] {magoo} ty guys
[10:42] {Chaeron} :)
[10:42] {dino} no problem man
[10:42] {dino} (as dino re-lives a jamaica trip)
[10:43] {Chaeron} I think XIDE invalidated
[10:43] {magoo} dino passes by with beads and braides in his hair
[10:43] {Chaeron} dino - shuddap.. :))
[10:44] {fernp} out JBL +.40
[10:44] {magoo} BEXP just has the feel vad
[10:44] {dino} irea mon
[10:45] {Threei} what was that on VVUS?
[10:46] {Roman} 21 out 1/2 FEED +.58
[10:46] {Threei} FEED works roman
[10:47] {Threei} nice one
[10:47] {Threei} I can't find squat so far
[10:47] {Roman} 21 still in SEED?
[10:47] {Threei} yeah
[10:47] {Threei} FEED helps it
[10:48] {Threei} not sure it has mojo
[10:48] {Threei} expected it to perform much better after taking big resistance
[10:50] {Threei} .50 loss short BEXP, half lot
[10:51] {magoo} now that scares me...
[10:51] {magoo} i like it long
[10:51] {Chaeron} in caxses like this magoo, do the opposite of what *I* do :)
[10:52] {magoo} what u gonna do?
[10:52] {Chaeron} I'm not tellin' :P
[10:52] {magoo} that makes it hard
[10:52] {Threei} use .75 as invalidating level
[10:53] {Threei} there... no need to be scared anymore :)
[10:53] {Roman} 21 long CSUN
[10:53] {Chaeron} I was trying for long at .76
[10:53] {magoo} feel much better now, TY
[10:53] {Roman} 21 1/3 size small 11.68
[10:53] {Roman} 21 SOLF, JASO, radar
[10:54] {Roman} 21 long ESLR
[10:54] {Roman} 21 10.08
[10:54] {Roman} 21 small
[10:55] {dino} athn sm l .10
[10:56] {magoo} BEXP risky..but feel 19 comith
[10:57] {magoo} not in
[10:57] {magoo} i will post if go
[10:57] {magoo} very RISKY
[10:57] {magoo} like trying to pluck tomatoe off end of vads kabob
[10:57] {magoo} while he holding it
[10:59] {Threei} in yet?
[11:00] {magoo} no
[11:01] {Threei} viscous market today
[11:01] {Threei} not my kind
[11:01] {magoo} thats the problem
[11:01] {magoo} mkt won't go
[11:01] {magoo} very weak market
[11:02] {magoo} my grandfather warren always said...go with your gut
[11:02] {magoo} u may know him
[11:02] {Threei} LDK
[11:02] {magoo} buffet?
[11:02] {Threei} .90 half lot long
[11:02] {Threei} this pullback will show the stop level
[11:03] {dino} lod's
[11:04] {Threei} QTWW honestly trying
[11:04] {dino} as opposed to?\
[11:05] {Threei} all those that just pretend to
[11:05] {dino} ahhh i knew you had a point
[11:07] {Roman} 21 ACPW Active Power announces China Utility selects eight powerHouse systems from Active Power (1.46 +0.06)
[11:07] {Roman} 21 big new fo ACPW
[11:07] {magoo} dubya on cnbc..seems confused lol
[11:07] {Roman} 21 in 1.70
[11:07] {magoo} l aapl here .77
[11:08] {magoo} small..stop lod
[11:10] {Roman} 21 long GLBL
[11:10] {Roman} 21 17.39 , slow
[11:11] {Threei} finally SEED
[11:11] {magoo} out here .01
[11:11] {magoo} + .34
[11:12] {Threei} wtg
[11:12] {Threei} out SEED .90
[11:12] {magoo} has more but heh..scalpin
[11:15] {magoo} LDK invalid vad?
[11:15] {dino} avan
[11:16] {Threei} yeah
[11:16] {Threei} scalped CSUN, ty Roman
[11:16] {Threei} AVAN
[11:16] {Threei} EXTENDS SURVIVAL BY 33.1 MONTHS, DBL TIME IT TAKES FOR TUMOR TO REGROW
[11:18] {magoo} l bexp .30 if gets there RISKY..too appx. .9123246
[11:18] {magoo} needs to trigger..scary on pullbacks
[11:19] {Threei} sheesh AVAN
[11:19] {dino} top?
[11:20] {Chaeron} I feel as though the trades are all passing me bye, pointing and laffing as they go...
[11:20] {dino} v sm waiting at 22.40 for now
[11:20] {Chaeron} by... sorry Raven... too fast fingers
[11:20] {dino} me too chaer
[11:20] {magoo} vad too
[11:21] {dino} everything feels a bit off today
[11:21] {magoo} vad..AVAN avail short just in case
[11:21] {Threei} true dino
[11:21] {Threei} those that move don't give clean entries
[11:21] {Threei} and those that show setups don't move
[11:22] {dino} y
[11:22] {Threei} Monday hangover
[11:22] {dino} i have 6 orders floating out there, nothing hitting
[11:22] {magoo} i have 6 stops out there..all vads
[11:23] {Threei} here is today's market:
[11:23] {magoo} KIDDING {just want my trout}
[11:23] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[11:25] {Threei} good news
[11:25] {Threei} Google finance has real time quotes now
[11:25] {magoo} funny video vad
[11:25] {Threei} we may stop trading off 15 minutes delay
[11:25] {Threei} http://googlefinanceblog.blogspot.com/2008/06/nasdaq-quotes-go-real-time-on-google.html
[11:29] {dino} gifi
[11:30] {Threei} BRCM 28 short would have worked if I didn't overtighten invaliding level
[11:30] {Threei} day of missed opportunities, today is
[11:31] {dino} indeed
[11:32] {dino} whats w/gifi?
[11:32] {magoo} well..day is still young
[11:32] {Threei} nothing fresh GIFI
[11:32] {magoo} lotsa time to miss lots more
[11:32] {Threei} lol
[11:32] {dino} lol
[11:33] {magoo} l aapl .50
[11:33] {dino} magoo, forever the optimus (not)
[11:33] {magoo} small
[11:33] {magoo} stop .11
[11:33] {dino} optimist
[11:35] {magoo} i am what i am..just a man..doing best i can
[11:35] {Threei} magoo doing poerty is last thing I hoped to see
[11:36] {magoo} waiting on aapl @ 187.11
[11:36] {dino} popeye
[11:36] {magoo} no..last thing u want to see is magoo doing porno he he
[11:37] {Threei} even mental image of that burns my retina
[11:37] {dino} here comes the -200
[11:38] {dino} cx avan short order, sometimes i expect too much
[11:38] {pita} later all
[11:38] {Threei} take care pita
[11:40] {magoo} bye pita
[11:40] {Threei} ever seen 40 cents spreadon $2 stock?
[11:41] {Threei} EDEN
[11:43] {magoo} aapl hits 2:1..u on your own...i still in it
[11:47] {Threei} VLNC woke up a bit today
[11:47] {Threei} had news earlier, I hesitated about it because none of this small ones moved
[11:47] {Threei} didn't want to get stuck in one more
[11:48] {Threei} look at QTWW... new 52 week highs, perfect daily, news... and it barely moved
[11:48] {Threei} in the right sector too
[11:48] {Threei} ENER
[11:48] {Threei} UNITED SOLAR OVONIC EXPANDING -- EXPECTS TO ADD 400 JOBS IN GREENVILLE, MICHIGAN
[11:50] {Threei} Roman is about the only bright star in the sky today
[11:50] {magoo} i hit a couple
[11:50] {magoo} scalpers
[11:51] {Threei} sure did
[11:51] {Threei} but I ignore you, you know that, right?
[11:51] {magoo} oh right :)
[11:51] {Threei} :)
[11:56] {Threei} RIMM long here with stop under .70
[11:58] {dino} lol
[11:59] {Threei} 1:1 in a hurry
[12:01] {Threei} QTWW new high, full cents higher than old high
[12:01] {Threei} with such blazing speed it risks to burn its skin to blisters
[12:02] {hawkfan4} lol
[12:03] {Threei} wow... magoo, look what stock I found
[12:03] {Threei} MAGS
[12:04] {magoo} AWESOME..u can buy stake in me
[12:04] {Threei} you've got nice chart but lousy volume
[12:04] {magoo} thats what my wife tells me
[12:04] {Threei} be a doll and trade half mil, will ya
[12:05] {Threei} look at little engine that could
[12:05] {Threei} QTWW I mean
[12:05] {Threei} bravely made another cent
[12:07] {Threei} RIMM 1:2 almost
[12:07] {Threei} out .27
[12:07] {Threei} +.36
[12:07] {Threei} irony aside... just how anemic market ought to be to ignore all the factors in QTWW
[12:08] {Threei} in any kind of more or less active market I would expect this thing to be closer to 3 already
[12:16] {Threei} JRCC, small shares long if stays above 40 and takes 40.15
[12:19] {Threei} not likely to hold
[12:19] {Threei} but if does, has real power
[12:20] {dino} cme 404,
[12:20] {Threei} in
[12:20] {Threei} .95 stop
[12:21] {Threei} showed nice determination taking all those offers, gotta respect that
[12:21] {Threei} hopefully can take .20 too
[12:21] {magoo} where u in? .15
[12:21] {Threei} got patials, .10, .14 and .15
[12:21] {magoo} k
[12:21] {Threei} there were hidden orders I guess
[12:22] {magoo} probably roman :)
[12:22] {Threei} come on JRCC, be finally one that works for real
[12:25] * Threei pokes JRCC with sharp stick
[12:27] {Threei} like poking amoeba
[12:29] * Threei kicks JRCC in the rear with steel-toed heavy duty army boots
[12:29] {dino} poking and amoeba should not be in same sentence
[12:29] {Chaeron} lost carrot from last week?
[12:29] {Threei} ok... let's try that
[12:29] * Threei dangles a carrot in front of JRCC's nose
[12:32] {Threei} does its amoeba-like shape prevents me from telling where the nose is vs rear?
[12:34] {Threei} now now JRCC... don't look baack anymore
[12:35] {dino} lod
[12:35] {Threei} sheesh... sudden market drop stoped it just when it was ready
[12:35] {Threei} S&P CUTS INVESTMENT BANK RATINGS INCLUDING MERRILL, LEHMAN AND MORGAN STANLEY
[12:35] {Threei} this is what send market down IMO
[12:36] {Threei} look aat MER and LEH
[12:38] {dino} -200
[12:39] {Threei} sigh
[12:39] {Threei} stopped JRCC
[12:39] {Chaeron} blame S&P... they could have waited a few more minutes...
[12:40] {Threei} or we should have taken 1:1
[12:40] {Threei} but heck, didn't this thing have all the markings of a real runner
[12:44] {dino} 12440 support area 1948 ndx
[12:48] {Threei} ACOR short small shares .55, .75 stop
[12:48] {dino} sm l avav .41
[12:49] {Threei} LEH half lot short.15
[12:49] {Threei} stop .35
[12:49] {Threei} too fast LEH?
[12:50] {Threei} or someone managed to get it?
[12:50] {magoo} not i
[12:50] {Chaeron} nor I
[12:50] {Threei} cut through tirgger too quickly
[12:51] {Threei} 0ver 50 cents drop...
[12:54] {dptl} ah...stopped acor
[12:54] {Threei} did it trigger?
[12:55] {Threei} I must have missed it with LEH
[12:55] {dptl} .77 trades went off
[12:55] {Threei} no, I mean trigger on entry
[12:56] {dptl} yes got .54
[12:56] {Threei} one of those days
[12:56] {dptl} yeah...i am having really bad day
[12:57] {Threei} not a first time... and you always recovered and made some
[12:58] {dino} ksws s .52
[13:00] {Threei} ese, look dcc please
[13:02] {Threei} market reacts on financials news as if it was a surprise
[13:03] {Threei} like anyone in their right mind thought everything was fine in fancial sector
[13:03] {Threei} financial
[13:04] {dino} ksws stopped -.25
[13:08] {Threei} MER new lows
[13:08] {Threei} LEH stabilized so far
[13:09] {Threei} better bounce candidate
[13:13] {dino} ipi sm l .55
[13:14] {Threei} Roman, still in CSUN?
[13:15] {Roman} 21 no
[13:15] {Roman} 21 out
[13:15] {Threei} OK... moved nicely after all
[13:19] {Threei} LEH pullback worth long try
[13:22] {Threei} first strength from here
[13:23] {Threei} in .91
[13:23] {Threei} stop under .80
[13:24] {Threei} out half +.12
[13:24] {Threei} stop ro .88
[13:24] {Chaeron} I took +.14 scalp... many thanks for LEH
[13:24] {Threei} welcome
[13:25] {Chaeron} in .93 - out .07
[13:28] {Threei} MER .15 long if stays above 42
[13:30] {Chaeron} heck
[13:34] {Threei} S&P: RETIRING OLD ANALYTICAL MODEL, WILL NOW CONCENTRATE ON RISK BASED CAPITAL ANALYSIS
[13:34] {Threei} what did they concentrate before on?
[13:37] {Threei} interesting... LEH drops alone this time
[13:37] {Threei} MER is holding, market too
[13:37] {Threei} are they in the race now "who is next BSAC"?
[13:38] {magoo} BEXP interesting
[13:38] {Threei} wou;dn't you expect JPM to go up on all this, since they are likely to buy next failed bank for $3? {G}
[13:40] {Threei} MER is valid again, IMO
[13:40] {magoo} in aggressive .12
[13:40] {Threei} lol
[13:40] {Threei} me too
[13:41] {hawkfan4} me three
[13:41] {magoo} chaer??
[13:41] {Threei} uh oh
[13:42] {Chaeron} not me - dang phone
[13:43] {dptl} stop 42?
[13:43] {Threei} under
[13:43] {dptl} ok
[13:43] {Threei} it tagged .95 on last pullback
[13:43] {Threei} so it's either .99 or .94 now
[13:43] {Threei} depending on your entry, position size and risk tolerance
[13:45] {Chaeron} mer long @ .15?
[13:45] {Threei} magoo... you decide
[13:47] {magoo} huh?
[13:47] {Threei} let chaeron in or not
[13:47] {magoo} alright..let him know
[13:47] {magoo} been weird day..who knows
[13:47] {Threei} chaeron... magoo said yes
[13:48] {magoo} may help
[13:48] {Threei} what do you know... it did
[13:52] {Chaeron} I miussed
[13:52] {Chaeron} I am so mad... phone
[13:52] {Chaeron} too late?
[13:52] {Threei} don't chase
[13:52] {Threei} chart looks good but this is very liquid situation
[13:52] {Threei} MER is in the middle of hot battle
[13:53] {Threei} anything can happen here
[13:54] {Threei} for .12 entry 1:1 here
[13:55] {Threei} FED'S LOCKHART: CURRENT STANCE ON POLICY IS APPROPRIATE, BALANCED FOR RISKS, FED MUST BE FLEXIBLE WITH RATE STANCE - Q&A
- Policy must be flexible to repond to developments, either on the ground or inflation.
[13:55] {Threei} - There is no doubt that the weaker dollar has helped US exports, raised commodity prices.
[13:55] {Threei} - Sees US economic growth below 2.5-3.0% in 2009, growth in 2009 will be higher than H208 but below potential.
[13:55] {Threei} - Libor can continue to seve the market well, libor is a vital part of the financial system.
[13:59] {magoo} .
[14:00] {Chaeron} sigh
[14:00] {magoo} i said u could go with us
[14:01] {Chaeron} I couldn't get
[14:02] {Chaeron} I hate my phone toiday
[14:02] {Threei} me out at .40
[14:03] {Threei} magoo, hawk... you still in?
[14:03] {hawkfan4} yes
[14:03] {Threei} brave soul
[14:04] {Threei} dp?
[14:04] {dptl} still in
[14:04] {magoo} me too
[14:04] {Threei} good luck guys... my scalper's blood is boiling
[14:05] {dino} avav stop to .81
[14:08] {hawkfan4} out .54, thx Vad
[14:08] {Threei} sheesh you guys... 40 cents is not enough for you to take partial at least?
[14:08] {Threei} whew
[14:08] {dino} pigs
[14:09] {Threei} looking at its chart today, is it reasonable to expect it to recover all the way to 43?
[14:09] {Threei} stranger things happened of course
[14:09] {_rant} any read on FMCN ?
[14:10] {Threei} FMCN is weither short on 38 breakdown or long on 38.15 breakout
[14:10] {Threei} small shares in any case
[14:10] {Threei} volatile one
[14:10] {_rant} thx
[14:10] {_rant} ya...it is
[14:10] {Threei} sure... be careful with it
[14:10] {_rant} huge short interest
[14:10] {Threei} capable of hurting bad
[14:11] {_rant} mkt seems to be done with selling..i guess
[14:11] {Threei} looks this way
[14:11] {magoo} still in
[14:11] {Threei} mags, dp, you have over 60 cents profit
[14:11] {Threei} do I have to trout you to protect some?
[14:11] {magoo} out .67 TY
[14:12] {Threei} too late
[14:12] * Threei slaps magoo around a bit with a large trout
[14:12] {Threei} I already decided to trout you
[14:12] {Threei} but welcome :)
[14:12] {Chaeron} nice job magoo... I'll have to sit out more often
[14:12] {magoo} i got in .12 w/u
[14:12] {Threei} cut that cord chaeron
[14:13] * Threei slaps dptl around a bit with a large trout
[14:13] {dptl} offering 43.15
[14:13] {Threei} eeck
[14:14] {Threei} are you trying to recover previous stops all in one swoop?
[14:14] {dptl} traling under .50
[14:14] {Threei} OK, if trailing then valid way to play it
[14:15] {Threei} I withdraw my objections
[14:15] {Threei} but not trouting
[14:15] {dino} avav stop to .92
[14:15] {Threei} nice one dino
[14:16] {dino} ty
[14:16] {dino} nobody pays attention anymore, :)
[14:16] {Threei} I do
[14:16] {Threei} I just pretend not to
[14:16] {dino} lol
[14:16] {dino} see, bruce would
[14:16] {Threei} just to maintain an image of generally not very nice man, you know
[14:17] {dino} take it to .99
[14:17] {Threei} LEH followed the path of recovery too but I was hesitant on it
[14:17] {Threei} didn't like how it dropped while MER and market overall stopped making new lows
[14:18] {Threei} ROYL... very scary thing,
[14:19] {Threei} as it pulls back into .50 resistance those who are seriousl adrenalin deprived may consider an entry
[14:19] {Threei} sorry, .50 support
[14:20] {dino} ncoc
[14:23] {dptl} ahh out .50 mer ty
[14:24] {Threei} welcome
[14:24] {dino} gj
[14:24] {Threei} with LEH and MER plays, did we minimize damage?
[14:25] {dino} avav tighten to .13
[14:25] {Threei} too bad that LEH short got away.... was pure beauty
[14:26] {dino} ath stop to .40 all day
[14:29] {dino} to .58
[14:31] {dino} avav to .31
[14:31] {magoo} anyone hit ROYL?
[14:31] {Chaeron} not my type of spread... thanks tho
[14:32] {dino} out avav .35 ave. +.94
[14:33] {Threei} wtg
[14:33] {dino} lucky
[14:33] * magoo slaps dino around a bit with a large trout
[14:33] {dino} should've caught me on tight stop sooner
[14:34] {Threei} LEHMAN MAKING CAUTIOUS COMMENTS ON SOLAR NAMES- Cautions on companies with strong Spanish business due to the possible ramifications of new Spanish legislation inhibiting MW growth.{SOLF CSIQ STP YGE}
[14:34] {dino} out athn .63 +.53
[14:34] {Threei} CFC?
[14:35] {Threei} asnyone sees any news?
[14:36] {hawkfan4} 14:32 CFC Countrywide: BAC CEO Lewis affirms Countrywide purchase - Bloomberg (5.40 +0.14)
[14:36] {Threei} ty, not on my wires
[14:36] {dino} 8/15 expected close date 6.11/sh
[14:37] {Threei} 6.11 cash?
[14:38] {dino} bac no .1822
[14:38] {Threei} here is from earlier todasy:
[14:38] {Threei} [BAC] Bank of America Corp CEO: Sees no reason for dividend cut, has no interest in buying investment bank, sees no need for strategic acquisitions at this time
[14:38] {Threei} - Notes sees current credit crunch better than 1973-1974
[14:38] {Threei} - Affirms CFC purchase if markdowns are accurate, notes that CFC has better technology
[14:39] {Threei} so it's still conditional and tied to BAC price
[14:39] {Threei} tough to play
[14:40] {Threei} ROYL start looking like momo resumption, mags
[14:41] {Threei} 7.90 - 8 area if taken can send it anywhere
[14:41] {Threei} to 9 or to 7
[14:41] {Threei} make your pick
[14:45] {Threei} rant, nice scalp if you shorted FMCN
[14:45] {Threei} 1:2 easy
[14:57] {Threei} LULU earnings after closer
[14:58] {Threei} ACOR
[14:58] {Threei} CEO: APPROVAL OF FAMPRIDINE WOULD TRANSFORM COMPANY- says drug sales could finance research on other multiple sclerosis-related drugs, two newer drugs have repaired nerve insulation in animals
[14:59] {Threei} if QTWW closes around here, going to take it home
[14:59] {Threei} could turn into swing trade
[15:00] {magoo} is LULU the crazy one?
[15:00] {Threei} yes
[15:00] {Chaeron} well named
[15:01] {Threei} LOL!!!
[15:01] {Threei} look at this
[15:01] {Threei} MER
[15:01] {Threei} HEARING DEFENDED AT LEHMAN BROTHERS (TIMING UNCERTAIN){MS}
[15:02] {Threei} now I am waiting for MER defending LEH, and after that I will be able to say "now I've seen it all"
[15:07] {Threei} CSUN spiking
[15:10] {Threei} CSUN
[15:10] {Threei} CREDIT SUISSE DISCLOSES 15.7% STAKE PASSIVE STAKE, UP FROM 2% REPORTED IN MARCH - FILING
[15:14] {Threei} LEH daily looks like catastrophe in the making
[15:14] {magoo} short setup?
[15:15] {Threei} hard to tell
[15:16] {Threei} nothing really on intraday
[15:18] {Threei} let's keep an eye on both of them tomorrow
[15:18] {Threei} LEH andf MER
[15:19] {Threei} less interested in MS
[15:20] {Threei} JPM maybe short tomorrow if consolidaates close to 41.60 and breaks down
[15:22] {Threei} why am I stuttering on a all the time
[15:23] {magoo} ?
[15:23] {Threei} consolidaates
[15:24] {Threei} LEH is really the weakest in the group
[15:24] {Threei} probably will be our main target among financials tomorrow
[15:25] {Threei} unless I forget
[15:26] {Chaeron} I'll remind you
[15:27] {Threei} thank you
[15:27] {Threei} (providing you don't forget)
[15:27] {magoo} LOOK at qqqq chart
[15:28] {Threei} ?
[15:28] {magoo} as in upward
[15:29] {Threei} ugh... CSUN waoke up
[15:31] {_Kazaam} vad, can trial members ask questions?
[15:31] {Threei} can? they must
[15:31] {Threei} :)
[15:32] {_Kazaam} thanks : )
[15:32] {magoo} isn't that a question? lol
[15:32] {Threei} sure
[15:32] {Threei} lol
[15:32] {_Kazaam} heh
[15:32] {Threei} we are fairly democratic bunch
[15:32] {Threei} except magoo
[15:32] {Threei} he is dictator
[15:32] {dino} slap him
[15:32] {Threei} nope
[15:32] {Threei} he loves it too much
[15:33] {magoo} c'mon....i dare ya
[15:34] {dino} double dog dare
[15:34] {_Kazaam} is the basic screening method for finding tradable stocks to watch the news? or do you guys trade the same basket of stocks everyday?
[15:34] {Threei} 3 things
[15:34] {Threei} 1. Usual suspects
[15:34] {Threei} those that we know to move nicely and have usually a read on
[15:34] {Threei} RIMM, AAPL, at some point BRCM and NVDA
[15:35] {Threei} 2. news-imapcted ones that get activity
[15:35] {Threei} and most broad group is those found by scanner
[15:35] {Threei} Scanner is tuned for our most traded setups
[15:35] {Threei} so it spits them out
[15:35] {Threei} we pick those that look good
[15:36] {Threei} thrid group provides mosr plays
[15:37] {_Kazaam} were the LEH and MER plays based on News? or scanner?
[15:37] {Threei} news
[15:37] {Threei} that credit downgrade is a biggie
[15:37] {Threei} financial sector is very vulnerable
[15:38] {Threei} and this kind of news was sure to bring activity
[15:38] {_Kazaam} there is so much news, do you filter it or do you just watch it all?
[15:38] {Threei} filtering mentally
[15:38] {dino} less is more
[15:38] {_Kazaam} gotcha
[15:39] {_Kazaam} thanks
[15:39] {dino} layn spike
[15:39] {Threei} trying to pick only those items that are focused in hot sectors,
[15:39] {Threei} mention known to move symbols,
[15:39] {Threei} contain potentially big news
[15:40] {Threei} CSUN news for instance matched all three criterias
[15:40] {Threei} known name, hot sector, nice news
[15:41] {Threei} overall however, less than stellar day for us
[15:41] {Threei} somehow it must be magoo fault... not sure how
[15:41] {_Kazaam} thanks for the detailed rundown, has it been a breakeven day for most?
[15:41] {Threei} I personally am slightly in the red
[15:41] {Chaeron} don't know how I did it but netted -$1.00 before commish
[15:42] {Threei} and holding QTWW slightly in the money
[15:42] {Threei} will see if it brings me joy and happiness tomorrow
[15:42] {dino} black here but only 5 trades
[15:42] {Chaeron} nice ones tho dino :)
[15:43] {_Kazaam} one average how many trades do you guys take a day?
[15:43] {Threei} who cares how many trades dino... profitable on one beats losing on 15 :)
[15:43] {dino} ty lucky
[15:43] {dino} missed layn short
[15:43] {Threei} hmm... not sure... really depends on market activity
[15:43] {Threei} I'd say anywhere from 3-5 to 10-15
[15:43] {dino} me, 10
[15:44] {magoo} not good to overtrade..odds work against you
[15:44] {Threei} JRCC, what a disgusting way to shake us out, then explode
[15:44] {Threei} look at it
[15:44] {Threei} no, better don't
[15:45] {magoo} gggggrrrrrrrrrrrrrrrrr
[15:47] {Threei} QTWW trying high again
[15:48] {Threei} cute little bugger
[15:49] {Threei} ok ROYL... let's do it
[15:49] {Threei} cut through 8, will ya
[15:50] {dino} mdvn l .56
[15:50] {Threei} out 8.20
[15:51] {magoo} nice one dav:)
[15:51] {Threei} you mags?
[15:51] {magoo} oyut
[15:51] {magoo} TY
[15:51] {Threei} :)
[15:51] {Threei} wasn't easy one by any means
[15:51] {Threei} but it's your kind
[15:52] {magoo} is it magoo or was today REAL work?
[15:52] {_rant} who is buyin at these levels :)
[15:52] {_rant} up 40%
[15:52] {Threei} those to whome we sell
[15:52] {Threei} (happily)
[15:52] {magoo} some would say "smart money" buys into bell
[15:53] {Threei} certainly was tough to read day mags
[15:53] {Threei} ROYL too me in black
[15:53] {Threei} tok
[15:53] {Threei} took
[15:53] {magoo} me too vad
[15:53] {Threei} there... just a third attempt, and I get 4-letts word right
[15:54] {magoo} took all day to get there
[15:54] {Threei} yeah, early stops were like ballast on the feet
[15:55] {Threei} but heck... as long as put emotions in the back pocket and trade valid setups, things normalize sooner or later
[15:55] {Threei} losses go in clusters sometimes
[15:55] {Threei} instead of being evenly distributed
[15:56] {_rant} still flying
[15:56] {_rant} wow
[15:56] {Threei} QTWW new 1 cent-high
[15:56] {_rant} i had a lousy day..one of those days..where all trades were missed
[15:56] {Threei} it happens
[15:57] {_rant} no action..
[15:57] {Threei} don't let it become an emotional luggage
[15:57] {magoo} it was a tough day..tomorrow will be better..i vcan feel it
[15:57] {Threei} focussing on these things tends to create mental monsters
[15:57] {Threei} that eat you from inside
[15:57] {_rant} ya...forcing me to make mistakes
[15:57] {_rant} and break my own trading rules
[15:58] {Threei} hold on... lousy day meant you haven't gotten any trades?
[15:58] {_rant} ya
[15:58] {_rant} no trades at all
[15:58] {Threei} come on
[15:58] {_rant} just kept waiting and waiting
[15:58] {Threei} beats getting stopped too many times
[15:58] {_rant} :)
[15:58] {Threei} now, why missing them?
[15:58] {_rant} true
[15:58] {Threei} software too slow? you are too hesitant?
[15:58] {_rant} probably waitin for better price
[15:58] {_rant} hesistant...
[15:59] {Threei} setup has trigger...
[15:59] {Threei} trigger is hit, get in
[15:59] {Threei} I unerstand sometimes entry is a bit fuzzy
[15:59] {Threei} like when I say "first strength from here"
[15:59] {Threei} or "as close to ... as possible"
[16:00] {Threei} but when there is a defined trigger, like ".15 long is stays above ..."
[16:00] {_rant} i m normally skeptic when the mkt falls 200pts
[16:00] {Threei} just get it
[16:00] {_rant} coz most of my trades are short entry...
[16:00] {magoo} oh..no trades not lousy day...i thought u meant down hard
[16:00] {_rant} no action day...
[16:00] {Threei} yeah, my first thought too
[16:00] {magoo} dino says"any day up good day"
[16:00] {dino} flat or up is good imo
[16:00] {_rant} no thrill :)
[16:00] {Threei} ahhh
[16:00] {Threei} thrill
[16:01] {dino} lulu blood
[16:01] {Threei} REPORTS Q1 $0.12 V $0.12E, R$78.2M V $71.8ME
[16:01] {magoo} LULU tankage
[16:01] {_rant} big time
[16:02] {Threei} don't see guidance yet
[16:02] {_rant} spread is dangerous
[16:02] {Threei} well... it's lulu LEMON
[16:03] {dptl} have a good evening all
[16:03] {Threei} take care dp
[16:03] {Threei} thank you all
[16:03] {Threei} have a good evening
[16:03] {Threei} see you tomorrow
[16:03] {magoo} TY vad, nite all
[16:04] {_Kazaam} thanks, bye
[16:04] {_rant} thanks vad..
[16:04] {Threei} you too QTWW... may you open at 10
[16:05] {Threei} there you go LULU... guidance .68 - .71 vs .74 consensus
[16:05] {magoo} some leak it??
[16:07] {fernp} Thank you for everything Vad. See you tomorrow.
[16:21] {dino} gn all
[16:28] {judijim} Take good care, be back tomorrow
Friday, May 30, 2008
Fri May 30 2008
Session Time: Fri May 30 00:00:00 2008
[08:31] {Threei} APR PCE CORE M/M: 0.1% V 0.1%E; PCE CORE Y/Y: 2.1% V 2.1%E; PCE DEFLATOR Y/Y: 3.2% V 3.1%E
[08:31] {Threei} APR PERSONAL INCOME: 0.2% V 0.1%E; PERSONAL SPENDING: 0.2% V 0.2%E
[08:31] {Threei} what crisis?
[08:42] {hawkfan4} i'm just glad i didn't hold any solar stocks short overnight. FSLR up 20
[08:43] {Threei} this is simply indecent
[08:44] {Threei} I am deeply resentful of your behavior
[08:45] {hawkfan4} no, i'm not in, i just think the move is crazy, but i didn't touch it. just an observation
[08:45] {Threei} ah
[08:46] {Threei} sorry, misread... thought it was "didn't sell"
[08:46] {magoo} morning
[08:46] {Threei} magoo
[08:47] {magoo} how'd u like mad scan vad?
[08:49] {Threei} I don't
[08:50] {Threei} let me rephrase
[08:50] {Threei} it's trying to do practically the same my current tools do but so far it's inferior to them
[08:51] {Threei} so I see no reason to switch at this point in time
[08:51] {magoo} cool
[08:51] {magoo} now, why FSLR gapping 18 points?
[08:51] {magoo} also csiq +2
[08:52] {Threei} Germany cuts to subcides are not that bad as feared
[08:52] {magoo} sigh
[08:52] {magoo} now this is truth
[08:53] {Threei} why does it make you sad?
[08:53] {magoo} all mornin g im thinking "250 has supported fslr" and it may go 20 points today..
[08:53] {magoo} walk in and therfe it it
[08:53] {magoo} problem is now the trades gone
[08:54] {Threei} and if Germany decided it doesn't want to support solar industry with taxpayers money that heavily... it would be 30 points lower by now
[08:58] {magoo} i just get these weird feelings..all morning i was tthinking buy 100 sh and ride it
[08:58] {magoo} didn't want to overnite it
[09:02] {magoo} MRVL nuts vad..news?
[09:03] {Threei} good earnings and guidance, bunch of upgrades
[09:03] {Threei} those that have targets assigned 22
[09:06] {GeoArb} gm
[09:06] {Threei} Geo :)
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:14] {fernp} good morning
[09:14] {Threei} fern :)
[09:16] {magoo} jcg down 8..news
[09:19] {Threei} guidance is not good, downgrades
[09:19] {magoo} ty..making u work this a,m
[09:25] {Threei} keeping an eye on SATC
[09:25] {Threei} never gave pullback yesterday
[09:26] {pita} morning everyone
[09:26] {Threei} pita :)
[09:27] {_osbo} HI
[09:27] {dptl} good morning all
[09:27] {Threei} morning osbo
[09:27] {Threei} dp
[09:28] {Threei} oh, and before trading started... magoo, I got e-mail from Bruce and he asked me to do this
[09:28] * Threei slaps magoo around a bit with a large trout
[09:28] {magoo} ROFLOL
[09:28] {Threei} Trout Magoo for me.
[09:28] {Threei}
[09:28] {Threei} Regards
[09:28] {Threei}
[09:28] {Threei} Bruce
[09:28] {magoo} how is bruce?
[09:28] {magoo} tell him i miss him
[09:29] {Threei} will do
[09:30] {magoo} ty
[09:31] {Threei} JASO big jump out of the gate
[09:31] {Threei} really don't want to chase solars that far
[09:32] {Threei} prefer to wait for pullback and clean setup
[09:32] {magoo} cSIQ pulls back out of gate
[09:33] {Threei} SOLF 21.20 - .30 area to watch for support
[09:34] {Roman} FRPT
[09:34] {Roman} long 4.10
[09:35] {dino} tell bruce hello
[09:36] {Roman} SOL
[09:36] {Roman} tup
[09:36] {dino} dji neg.
[09:39] {Threei} SOLF long with stop under 21.10
[09:39] {Threei} wait for strength to appear
[09:41] {dino} oih dropping
[09:45] {Roman} JRJC again
[09:48] {magoo} got .27 SOLF
[09:48] {Threei} if you took SOLF, consider half out at least here
[09:48] {Threei} and probably take whole
[09:48] {Threei} too sharp spike
[09:48] {dptl} out solf +.20 ty
[09:48] {Threei} :)
[09:48] {magoo} out .69 TY
[09:48] {Threei} wtg
[09:49] {Threei} .10 held perfectly
[09:49] {magoo} oops.59
[09:49] {hawkfan4} beauty
[09:49] {pita} +.31 ty
[09:49] {Threei} good job guys
[09:49] {Threei} wasn't very easy t7rade as entry had to be discretionary
[09:49] {_tangrick} TY
[09:49] {Threei} tangrick :)
[09:50] {Threei} I wish I could give exact entry every time but sometimes it's conditional and/or fuzzy
[09:51] {magoo} long rimm .50
[09:51] {magoo} sorry
[09:51] {magoo} late over 140feels like
[09:53] {magoo} aapl going 189 too
[09:54] {_rant} coco
[09:54] {Threei} ENER starts looking like one of those that never stop
[09:55] {dino} cedc sm l .00
[09:55] {magoo} in aapl .50
[09:55] {GeoArb} the ironic part is AMAT had good news today
[09:55] {Threei} MAY FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 59.8 V 59.5E
[09:56] {Threei} grrr
[09:56] {Threei} prepared XIDE alert .73 long, and changed my mind
[09:57] {magoo} engage maverick..{vad} engage
[09:58] {magoo} stopped aapl .99
[09:58] {magoo} mkt killed it
[09:59] {magoo} -.51
[10:00] {Threei} FRED
[10:01] {Threei} long with stop under .35
[10:01] {Threei} .48 - .50 trigger
[10:01] {magoo} don't forget warrants ALFRED lol
[10:02] {magoo} FREDRIK
[10:03] {Threei} CSUN trying
[10:03] {Threei} .15 worth a try, risky
[10:03] {Threei} stop under .95
[10:04] {Threei} invalidated
[10:04] {GeoArb} not much movement this friday
[10:04] {GeoArb} scanners already slowing down
[10:06] {dino} cedc stop to .97, mkt not helping
[10:07] {magoo} u kidding?huge movemt
[10:07] {magoo} throw a dart
[10:07] {GeoArb} where where
[10:07] {Threei} rant, see dcc
[10:07] {GeoArb} chrw
[10:07] {dino} stopped cedc -.06
[10:08] {magoo} problem i see is whippy..scalpers friday
[10:09] {GeoArb} SHLD tanking away
[10:09] {dino} was just looking at that
[10:09] {magoo} need mkt to resolve UP
[10:09] {GeoArb} so is SHLD salmon as per def vad?
[10:10] {dino} jcg getting interesting
[10:10] {magoo} l aapl now .45
[10:11] {Threei} yes geo
[10:11] {magoo} going over 189 RISKY
[10:11] {dino} no shld is death, really bad report
[10:11] {magoo} mneeds mkt
[10:11] {magoo} small and .99 stop
[10:12] {GeoArb} hehehe no salmon......rock dropping against upcurrent
[10:13] {dino} :)"
[10:13] {_rant} CTX always holds 19
[10:14] {_rant} MRX short anyone ?
[10:14] * Threei offers FRED swift kick in the pants - trigger already, will ya
[10:15] {magoo} magoo kickin aapl
[10:15] {Threei} ENER for adrenalin deprived:
[10:15] {Threei} .81 long
[10:15] {magoo} IN
[10:15] {magoo} lol
[10:15] {Threei} stop under .50
[10:15] {Threei} SMALL SHARES
[10:16] {esemde} good morning
[10:16] {Threei} ese :)
[10:16] {magoo} not yet lol
[10:17] {magoo} waiting .93 AAPL
[10:17] {magoo} 2:1 already
[10:18] {Threei} blast from the past... ELNK
[10:19] {magoo} misseed ENER
[10:19] {magoo} no way to hit it
[10:19] {Threei} ENER takes 60, I won't be surprized to see it at 61 or 62
[10:19] {Threei} come on mags
[10:19] {magoo} was gonna jump early .62
[10:19] {Threei} you slep through it
[10:19] {dptl} out ener +.30 ty
[10:19] {Threei} I have .81
[10:19] {magoo} OUT aapl .93 + .43 TY vad
[10:20] {_tangrick} missed too
[10:20] {dptl} i got .85
[10:20] {magoo} i guess AAPL distracted me
[10:20] {Threei} most likely
[10:21] {magoo} where pullbk entry?
[10:21] {GeoArb} so vad.... what are the reasons not to short shld
[10:21] {magoo} uh..like unprofittable he he
[10:21] {GeoArb} why?
[10:21] {GeoArb} didnt do it but am curious why not
[10:22] {magoo} [10:11] {magoo} going over 189 RISKY
[10:22] {Threei} half out ENER .40
[10:22] {magoo} dam i bought that lol
[10:23] {Threei} geo, who said there are any?
[10:23] {magoo} out RIMM here .18 + 68
[10:23] {magoo} TY vad
[10:23] {GeoArb} ok just curious if i am missing something here
[10:23] {Threei} it is short... it's simply a matter of right setup, and best one is gone
[10:23] {dino} sm risky l jcg .95
[10:23] {GeoArb} yeah
[10:23] {magoo} 09:52] {magoo} long rimm .50
[10:24] {Threei} 84.70 was perfect short trigger at the moment
[10:24] {GeoArb} how does one understand/avoid concept of shor squeeze
[10:24] {GeoArb} yeah beautifull dbi
[10:24] {Threei} OI am hesitatnt to chase it so far down from the trigger
[10:24] {GeoArb} yes same here
[10:25] {dino} keep it si8mple geo, don't overthink
[10:25] {GeoArb} will take a few years dino :)
[10:25] {Threei} short squeeze is not a concept to deeply think about, really... it's rather simple :)
[10:26] {dino} it will trust me. they need to invent mind eraser
[10:27] {Threei} what to invent... vodka has been around for centuries {G}
[10:27] {dino} yeah, but the stupid stuff in my head comes back in the morning
[10:27] {GeoArb} i spent the evening buying pappercorns ala chaeron
[10:27] {Threei} you mean a shot of vodka is not the first thing you take upon waking up??
[10:28] {dino} lol, i have to try that
[10:28] {Threei} stop for second half ENER to .95
[10:28] {magoo} no..but i replace milk with beer in my cereal
[10:28] {_tangrick} FRED moved
[10:28] {Threei} FRED triggered
[10:29] {Threei} stop under .35
[10:30] {dino} out jcg .45 +.50
[10:30] {dino} no takers
[10:30] {dino} ?
[10:31] {pita} c & h rimm?
[10:31] {esemde} FCEL looking good here....have been very patient with this.....need to see something
[10:32] {Threei} yes
[10:32] {Threei} needs market help as always, but chart is right pita
[10:32] {_rant} jcg down 20%
[10:32] {_rant} over done?
[10:33] {dino} rant see above
[10:33] {Threei} dino just played it
[10:33] {dino} .90 held last drop
[10:33] {Threei} it's up over a buck from low
[10:34] {_rant} dropping again
[10:34] {dino} y, watching it
[10:35] {Threei} good boy ENER
[10:35] {_rant} wow
[10:35] {Threei} one more jump please
[10:35] {_rant} 11%
[10:35] {dptl} nice ener:)
[10:36] {GeoArb} hey chaeron....dcc
[10:36] {Threei} am I getting too greedy?
[10:36] {judijim} gm all
[10:36] {Threei} jj :)
[10:36] {Chaeron} Good morning everybody
[10:36] {Threei} chaeron
[10:36] {magoo} yes..yes u are..but nice one
[10:37] {Threei} me? nice?
[10:37] {Chaeron} ah... no :) for me today...
[10:37] {Chaeron} lol
[10:37] {Threei} oversensitive today, aren't we
[10:37] {Threei} there:
[10:37] * Chaeron slaps Threei around a bit with a large trout
[10:37] {Threei} chaeron :))))
[10:37] {Threei} is that smiley enough for ya?
[10:37] {GeoArb} smiley or doublee/tripe chin
[10:38] {Chaeron} uh oh.. lol
[10:38] {Threei} out ENER
[10:38] {Threei} 61.11
[10:38] {GeoArb} too busy making money
[10:39] {Threei} 61.11 - 59.81
[10:39] * magoo slaps Threei around a bit with a large trout
[10:39] {Threei} whose math is good enough for that
[10:39] {magoo} not i
[10:39] {GeoArb} ummmmm
[10:39] {GeoArb} calculating
[10:39] {GeoArb} obscene
[10:39] {Chaeron} nice +$1.30 Vad
[10:39] {Threei} sheesh... this is second person calling me nice today
[10:39] {GeoArb} lol
[10:39] {Threei} my world is crambling down
[10:39] {Chaeron} trade was nice... noone said a dang thing abou tyou
[10:40] {GeoArb} so much for slow friday and scalpers friday
[10:40] {Threei} thank you chaeron
[10:40] {Threei} that makes me feel better
[10:40] {Chaeron} the $1.30 wasn't enough huh?
[10:40] {esemde} those of you in ENER...nice one....the trout looks in orderfor that tone
[10:40] * Chaeron slaps esemde around a bit with a large trout
[10:40] {Threei} lol
[10:40] {Chaeron} thanks for remindeing me ese
[10:41] {Threei} you walked right into that ese
[10:41] {esemde} no kidding
[10:41] {Chaeron} now let's find a trade I can screw up for magoo
[10:42] {dino} yes, please
[10:42] {magoo} that does it........................................
[10:42] * magoo slaps Threei around a bit with a large trout
[10:42] {Threei} what did I do?
[10:42] {magoo} just being figure head of this motley crew
[10:43] {GeoArb} i think i am going to be nice to people at work
[10:43] {GeoArb} TY vad
[10:43] {Threei} why would you do that geo?
[10:43] {magoo} dinos never nice here
[10:43] {GeoArb} money makes me kind
[10:43] {Threei} oh
[10:44] {magoo} going for a beer..brb
[10:44] {Threei} let's trail FRED stop to .44
[10:44] {Threei} it's so slow, really don't want to get stuck in it for whole day
[10:44] {Threei} risk is negligible with this stop, can just let it trade
[10:49] {_rant} jcg stuck around 37.20
[10:52] {dino} waiting at 36.80 fwiw
[10:55] {_rant} 37 seems to be holding for now
[10:56] {_rant} coco down 4%..sweet
[10:57] {Threei} FRED stopped
[10:57] {dino} hmmm, didn't expect it, sm l ostk .30
[11:03] {dino} jcg you are right rant about .00 floor
[11:04] {pita} day job calling....
[11:04] {Threei} take care pita
[11:04] {Threei} JOYG small shares long .50
[11:04] {dino} later pita
[11:04] {Threei} if stays above .25 - .30
[11:05] {Chaeron} it does and I'm in
[11:05] {Chaeron} .52
[11:05] {Threei} 1:1 easy
[11:05] {magoo} in
[11:06] {magoo} u out?
[11:06] {dptl} out +.23 ty
[11:06] {dino} gj
[11:06] {Threei} half out for me
[11:06] {dptl} joyg
[11:06] {Threei} stop to under .40
[11:06] {GeoArb} out .21 TY
[11:06] {Threei} welcome guys
[11:06] {Threei} good reflexes
[11:06] {GeoArb} easy button
[11:08] {Threei} stop to under .50
[11:09] {Threei} me may be greedy but me controls risk tightly, especially on Friday
[11:09] {dino} sm l jcg .05
[11:09] {Chaeron} out .77 + 0.25... thanks Threei
[11:10] {Threei} welcome
[11:10] {Chaeron} greedy is good... nice - well worry about that later
[11:11] {Threei} lol
[11:11] {esemde} out FCEL here .05 +.55.....gotta go have a great weekend everyone
[11:11] {magoo} bye es
[11:11] {Chaeron} you too ese... don't lose your balls
[11:11] {Threei} take care ese, have a good one
[11:11] {esemde} see ya mags ch...
[11:11] {esemde} vad
[11:11] {dino} out ostk .60 +.30
[11:11] {Chaeron} out shooot... sorry ese.. I read you were going to play GOLF... nevermind my comment
[11:12] {dino} out jcg .19, +.19
[11:12] {dino} .1`4 i mean
[11:12] {magoo} chaer roflol
[11:12] * Chaeron needs glasses
[11:12] {Threei} nice scalping footwork dino
[11:13] {dino} ty, it's firday
[11:13] {dino} friday
[11:13] {dino} lol
[11:13] {Threei} firday is good too
[11:13] {magoo} fir day?
[11:13] {magoo} OY
[11:13] {Threei} I need to think of concept of furday as well
[11:13] {dptl} lol
[11:14] {Threei} out balance JOYG
[11:14] {Threei} .85
[11:14] {Threei} oversat this last spike a little
[11:14] {Chaeron} nice Threei... thanks again for JOYG
[11:14] {Threei} wanted exit over 85
[11:15] {Threei} not sure it has enough fuel to break again
[11:15] {magoo} waiting .97
[11:15] {magoo} kickin it
[11:20] {magoo} OUT WHOA TY lord vader
[11:20] {magoo} .97
[11:20] {GeoArb} lord vader
[11:20] {GeoArb} hmmm
[11:20] {Chaeron} w00h00! glad for you magoo
[11:20] {Chaeron} now can I short it?
[11:20] {Threei} {JOYG} who me no fuel??
[11:20] {GeoArb} lol
[11:20] {Threei} lord vader?
[11:21] * Threei is breathing heavy through space costume
[11:21] {dino} gj guys
[11:22] {dino} wind
[11:22] {Threei} magoo misbehaves dino?
[11:22] {Chaeron} ug
[11:23] {dino} always 3i
[11:23] {Chaeron} JOYG nonstop
[11:24] {GeoArb} my 21 cents are laughing at me and pointing at their friends
[11:24] {Threei} you just wait Geo... soon stocks will start calling you on the phone, make evil laighter sound and hang up
[11:25] {GeoArb} i thought that was magoo calling you
[11:25] {Threei} nah, he just gives them my phone number
[11:25] {Threei} to be fair... I started it first
[11:25] {dino} wait'll you start dreaming of trades
[11:26] {GeoArb} its funny
[11:26] {magoo} hiccup..second brew awaits
[11:26] {GeoArb} i wake up in the mornining and tell my wife to close the curtains
[11:27] {magoo} well ..it is friday
[11:27] {GeoArb} SOLARS hurt my eyes
[11:27] {dino} thought you were worried about the neighbors
[11:27] {GeoArb} nah i think of the world in terms of sectors
[11:27] {GeoArb} :)
[11:27] {GeoArb} really magoo?
[11:28] {GeoArb} whats the brew of choice?
[11:28] {dino} none for me today little league double-header tonight
[11:28] {GeoArb} k
[11:28] {dino} altho, over the weekend gueness drafts
[11:29] {GeoArb} nice
[11:29] {GeoArb} i am a fan of fat tire draft
[11:29] {magoo} heinie light
[11:29] {dino} cans w/that draft thingy
[11:30] {dino} fat tire?
[11:30] {dino} jcg feels whoosh lower coming
[11:31] {GeoArb} http://www.newbelgium.com/beers_ft.php
[11:31] {GeoArb} colorado based microbrew
[11:31] {Threei} Innis & Gunn favorite here
[11:32] {dino} as homer simpson would say...........ahhhh beer
[11:32] {GeoArb} ill check it out
[11:32] {GeoArb} vad made like 2 bucks toady
[11:32] {GeoArb} ill drink whatever beer he does !!!
[11:32] {GeoArb} heheh today
[11:32] {Threei} lol
[11:34] {GeoArb} psssah not available in CA
[11:36] {dino} wind sm s .50
[11:37] {dino} stop is .72
[11:39] {Chaeron} frpt
[11:40] {Threei} AWARDED $43.7 M FOR SERVICE AND SUPPORT CONTRACTS
[11:41] {_rant} scalped 20 cents of jcg
[11:41] {_rant} for 200$
[11:41] {_rant} :)
[11:41] {_rant} thanks dino
[11:41] {Threei} cool beans
[11:42] {magoo} no need to rant over it lol
[11:42] {_rant} lol..small profit..
[11:42] {_rant} will take it in this crazy mkt
[11:42] {Chaeron} if anyone is bored... http://www.thisislondon.co.uk/news/article-23488455-details/Al-Qaeda's+terrifying+vision+of+a+devastated+America+in+the+wake+of+a+nuclear+attack/article.do
[11:43] {Chaeron} and if they even THINK about it again, here's a picture of what we'd do first - http://farm1.static.flickr.com/78/180862057_f58e3ea6bb.jpg?v=0
[11:43] {dino} gj
[11:44] {Threei} 200 bucks per trade is nothing to sneeze at for daytraders, IMO
[11:44] {dino} 1:1 for me is $100
[11:44] {Chaeron} $200/day is $4000/mo
[11:44] {Threei} if you can do it twice a day consistently, you have fairly comfortable living
[11:45] {Chaeron} unless you're in Canada where the US $ is worth nothing :)
[11:45] {Threei} yeah, rub it on
[11:45] {dino} use your dollar to buy our real estate
[11:45] {Chaeron} that's "in" Threei... "in"
[11:45] {Threei} that too
[11:46] {GeoArb} yup those canadians
[11:46] {GeoArb} ravaging our lands
[11:46] {Threei} lol
[11:46] {magoo} i looked chaer at post...those sob's
[11:47] {GeoArb} unfortunatley we are providing them the money to develop stuff
[11:48] {GeoArb} turn the oil money spigot off !!!
[11:48] {GeoArb} when i travel to asia , its frigheting to see how that money is being used to "educate"
[11:49] {dino} lies i bet
[11:49] {GeoArb} of course
[11:49] {GeoArb} completely
[11:49] {GeoArb} they take the money from here and then use it for propaganda against us
[11:49] {dino} thats how they keep control of their people, keep them full of lies, etc, they do anything you want
[11:50] {GeoArb} lets just make money and feel better :)
[11:50] {dino} ok
[11:51] {Chaeron} naaa... you got me mad geo... I'm going to go drill in ANWR and build a few refineries and nuclear plants :)
[11:51] {_rant} OMG anyone ?
[11:51] {dino} i wish we would
[11:51] {dino} and the coasts
[11:52] {GeoArb} i need to invent working fusion
[11:52] {Threei} not sure rant
[11:52] {Threei} chart looks nice but it's a slow trader and we move into lunch time
[11:53] {_rant} rsi crossover 30
[11:54] {_rant} always safer bet
[11:54] {dino} i will gladly pay you tomorrow for a hamburger today
[11:54] {GeoArb} ??? dino
[11:54] {dino} :)
[11:57] {magoo} popeye
[11:58] {Chaeron} wimpy
[11:59] {GeoArb} off to work... thanks all... have a great weekend (off to hunt vad's beer)
[11:59] {Chaeron} bye Geo... see you Monday
[11:59] {dino} later geo
[12:00] {dino} jcg breaking out
[12:00] {_rant} bummer
[12:01] {_rant} sold early
[12:03] {dino} same here but 2/2 on it
[12:03] {Threei} yeah
[12:03] {_rant} 37.8
[12:04] {Threei} the idea is not to take all the money move can offer
[12:04] {_rant} need to learn good exit points..
[12:04] {_rant} and let profits run
[12:04] {_rant} and cut losses..
[12:04] {_rant} tend to always do the opposite
[12:04] {Threei} "last 1/8 is the most expensive"
[12:04] {Threei} cut losses is right
[12:05] {Threei} with no reservations
[12:05] {Threei} stop is hit, get out,
[12:05] {Threei} no second thoughts, no guessing, no hesitation
[12:05] {Threei} profits run is right but there are buts
[12:06] {Threei} profits tend to evaporate if you oversit the move
[12:06] {_rant} true
[12:06] {_rant} i like trailing stop
[12:06] {Threei} gotta have sound method to manage a trade
[12:06] {Threei} partialling out, trailing stop
[12:06] {_rant} it protects u from a bigger loss
[12:07] {_rant} but the key is to understand the ATR and place the trailing stop correctly
[12:07] {_rant} tight stops might be taken out all the time
[12:07] {Threei} well, stop must be dictated by the chart
[12:07] {_rant} daily chart ?
[12:08] {Threei} whatever chart you base your trade on
[12:08] {dino} of course it is scalpers friday, so we scalp
[12:08] {Threei} if it's intraday trade, it's more likely to be intraday chart, no?
[12:08] {Threei} one of frequent mistakes made
[12:08] {_rant} yes, but you wont know the bottom until it is formed
[12:08] {Threei} is basing one's stop on his monetary needs solely
[12:09] {Threei} you don't need to
[12:09] {magoo} ener breaking out vad
[12:09] {Threei} this is not how trade is structured and managed
[12:09] {Threei} there is a certain setup for each trade
[12:10] {_rant} what u think of JCG vad...
[12:10] {Threei} one of elements of such setup is the action that renders original reson for entry invalid
[12:10] {_rant} worth going into it again
[12:10] {_rant} 37.49 now
[12:10] {Threei} I don't have read on it
[12:11] {Threei} to finish the thought,
[12:11] {_rant} omg climbing slow n steady
[12:11] {Threei} your stop is placed in such manner
[12:11] {Threei} that trade is cut off when that action accurs
[12:12] {_rant} i didnt get u ? trade is cutoff ?
[12:12] {Threei} stopped out
[12:12] {_rant} oh ok
[12:12] {Threei} on this I'll shut up and let you jump from stock to stock hunting for a lunch time stop {G}
[12:12] {_rant} :) i m pacific time zone..!
[12:12] {Threei} me too
[12:12] {_rant} time to go to work :)
[12:13] {Threei} but market isn't
[12:15] {dino} wind bstop to b/e
[12:18] {dino} to .43
[12:24] {_rant} omg jumps..now 42.88
[12:25] {_rant} silly to miss out on it
[12:26] {dino} wind bstop to .38
[12:27] {dino} cov .31 +.19
[12:28] {dino} cme feels like 400 magnet
[12:29] {dino} probably next week
[12:32] {_rant} cant watch jcg anymore
[12:32] {_rant} feeling stupid
[12:32] {_rant} 38.22
[12:36] {dino} pwrd
[12:37] {_rant} trade ?
[12:39] {Roman} LGND
[12:39] {Roman} spike on news
[12:39] {Roman} LGND Ligand Pharma jumps after US Panel member supports new drug approval - Bloomberg (3.00 +0.65)
[12:41] {dino} not in rant missed it thought it would go higher for short
[12:44] {Threei} LLTC
[12:44] {Threei} 37 break for a scalp if stays above .90
[13:02] {Threei} TREASURY'S PAULSON: RISING OIL PRICES ARE A SIGNIFICANT ISSUE, MORE INVESTMENT NEEDED IN MAJOR OIL PRODUCING COUNTRIES TO BOOST OUTPUT- Some parts of the Senate mortgage backstop plan are not helpful
[13:09] {Threei} market loses steam
[13:10] {Threei} GREENSPAN: CREDIT CRUNCH IS NOW BEGINNING TO AFFECT ASIA
[13:10] {Threei} duct tape, please
[13:12] {magoo} any read ENER vad?
[13:14] {Threei} looks up
[13:15] {Threei} can't nail it more exactly
[13:15] {dptl} is there a gold etf?
[13:15] {Threei} yes
[13:16] {Threei} look at that site I gave yesterday
[13:16] {Threei} there are different ones
[13:16] {dptl} ye there are few wich oneto use i don't know
[13:17] {Threei} there is a description for each of them
[13:20] {dptl} nice site by the way ,ty to point into it :)
[13:20] {Threei} LLTC failed
[13:23] {dptl} yeah i sold at .99 just 2c loss didnt like the market there
[13:29] {dino} rvbd
Session Start: Fri May 30 13:53:41 2008
[13:53] *** Now talking in #discussions
[13:53] {_rant} rsi crossover 30
[13:53] {_rant} always safer bet
[13:53] {dino} i will gladly pay you tomorrow for a hamburger today
[13:53] {GeoArb} ??? dino
[13:53] {dino} :)
[13:53] {magoo} popeye
[13:53] {Chaeron} wimpy
[13:53] {GeoArb} off to work... thanks all... have a great weekend (off to hunt vad's beer)
[13:53] {Chaeron} bye Geo... see you Monday
[13:53] {dino} later geo
[13:53] {dino} jcg breaking out
[13:53] {_rant} bummer
[13:53] {_rant} sold early
[13:53] {dino} same here but 2/2 on it
[13:53] {Threei} yeah
[13:53] {_rant} 37.8
[13:53] {Threei} the idea is not to take all the money move can offer
[13:53] {_rant} need to learn good exit points..
[13:53] {_rant} and let profits run
[13:53] {_rant} and cut losses..
[13:53] {_rant} tend to always do the opposite
[13:53] {Threei} ""last 1/8 is the most expensive""
[13:53] {Threei} cut losses is right
[13:53] {Threei} with no reservations
[13:53] {Threei} stop is hit, get out,
[13:53] {Threei} no second thoughts, no guessing, no hesitation
[13:53] {Threei} profits run is right but there are buts
[13:53] {Threei} profits tend to evaporate if you oversit the move
[13:53] {_rant} true
[13:53] {_rant} i like trailing stop
[13:53] {Threei} gotta have sound method to manage a trade
[13:53] {Threei} partialling out, trailing stop
[13:53] {_rant} it protects u from a bigger loss
[13:53] {_rant} but the key is to understand the ATR and place the trailing stop correctly
[13:53] {_rant} tight stops might be taken out all the time
[13:53] {Threei} well, stop must be dictated by the chart
[13:53] {_rant} daily chart ?
[13:53] {Threei} whatever chart you base your trade on
[13:53] {dino} of course it is scalpers friday, so we scalp
[13:53] {Threei} if it's intraday trade, it's more likely to be intraday chart, no?
[13:53] {Threei} one of frequent mistakes made
[13:53] {_rant} yes, but you wont know the bottom until it is formed
[13:53] {Threei} is basing one's stop on his monetary needs solely
[13:53] {Threei} you don't need to
[13:53] {magoo} ener breaking out vad
[13:53] {Threei} this is not how trade is structured and managed
[13:53] {Threei} there is a certain setup for each trade
[13:53] {_rant} what u think of JCG vad...
[13:53] {Threei} one of elements of such setup is the action that renders original reson for entry invalid
[13:53] {_rant} worth going into it again
[13:53] {_rant} 37.49 now
[13:53] {Threei} I don't have read on it
[13:53] {Threei} to finish the thought,
[13:53] {_rant} omg climbing slow n steady
[13:53] {Threei} your stop is placed in such manner
[13:53] {Threei} that trade is cut off when that action accurs
[13:53] {_rant} i didnt get u ? trade is cutoff ?
[13:53] {Threei} stopped out
[13:53] {_rant} oh ok
[13:53] {Threei} on this I'll shut up and let you jump from stock to stock hunting for a lunch time stop {G}
[13:53] {_rant} :) i m pacific time zone..!
[13:53] {Threei} me too
[13:53] {_rant} time to go to work :)
[13:53] {Threei} but market isn't
[13:53] {dino} wind bstop to b/e
[13:53] {dino} to .43
[13:53] {_rant} omg jumps..now 42.88
[13:53] {_rant} silly to miss out on it
[13:53] {dino} wind bstop to .38
[13:53] {dino} cov .31 +.19
[13:53] {dino} cme feels like 400 magnet
[13:53] {dino} probably next week
[13:53] {_rant} cant watch jcg anymore
[13:53] {_rant} feeling stupid
[13:53] {_rant} 38.22
[13:53] {dino} pwrd
[13:53] {_rant} trade ?
[13:53] {Roman} LGND
[13:53] {Roman} spike on news
[13:53] {Roman} LGND Ligand Pharma jumps after US Panel member supports new drug approval - Bloomberg (3.00 +0.65)
[13:53] {dino} not in rant missed it thought it would go higher for short
[13:53] {Threei} LLTC
[13:53] {Threei} 37 break for a scalp if stays above .90
[13:53] {Threei} TREASURY'S PAULSON: RISING OIL PRICES ARE A SIGNIFICANT ISSUE, MORE INVESTMENT NEEDED IN MAJOR OIL PRODUCING COUNTRIES TO BOOST OUTPUT- Some parts of the Senate mortgage backstop plan are not helpful
[13:53] {Threei} market loses steam
[13:53] {Threei} GREENSPAN: CREDIT CRUNCH IS NOW BEGINNING TO AFFECT ASIA
[13:53] {Threei} duct tape, please
[13:53] {magoo} any read ENER vad?
[13:53] {Threei} looks up
[13:53] {Threei} can't nail it more exactly
[13:53] {dptl} is there a gold etf?
[13:53] {Threei} yes
[13:53] {Threei} look at that site I gave yesterday
[13:53] {Threei} there are different ones
[13:53] {dptl} ye there are few wich oneto use i don't know
[13:53] {Threei} there is a description for each of them
[13:53] {dptl} nice site by the way ,ty to point into it :)
[13:53] {Threei} LLTC failed
[13:53] {dptl} yeah i sold at .99 just 2c loss didnt like the market there
[13:53] {dino} rvbd
[13:56] {Threei} STAC new 52 week highs
[13:56] {Threei} SATC
[13:57] {Threei} was so quiet, I stopped watching it
[14:07] {magoo} was disconnwected there
[14:08] {Threei} yup, you and dino lost connection
[14:14] {magoo} any read RIMM or AAPL?
[14:14] {magoo} ENER?
[14:15] {Threei} AAPl short on this bounce
[14:15] {Threei} no read on the rest
[14:16] {Threei} 189.20 next resistance level
[14:16] {Threei} short on first weakenss from here
[14:17] {_rant} jcg fading
[14:17] {Threei} got .02
[14:17] {Threei} 20 cents stop
[14:19] {magoo} how many shares u play?
[14:20] {Threei} why is it important?
[14:20] {magoo} just wondering for risk control reasons
[14:20] {magoo} why so paranoid?
[14:21] {Threei} my risk tolerance and yours are not the same
[14:21] {magoo} sure they are
[14:21] {Threei} no two traders have the same
[14:22] {magoo} look in mirror...what u see?
[14:22] {Threei} paranoid or not, I am not comfortable sharing personal financial information
[14:25] {Threei} SOLF running
[14:28] {Threei} come on AAPL, give up
[14:28] {Threei} lose that 109 and die
[14:28] {magoo} ENER touch 64 today vad?
[14:28] {Threei} most likely... but risk here becomes too much for me
[14:29] {Threei} btw magoo... because of you I fainted for whole 3 minutes
[14:30] {magoo} huh?
[14:30] {Threei} I did what you told
[14:30] {Threei} [14:22] {magoo} look in mirror
[14:30] {magoo} rogflol
[14:34] {Threei} lower high AAPL
[14:34] {Threei} rollover already
[14:40] {dino} geoi
[14:43] {Threei} out
[14:47] {judijim} have a great week end all, be back monday
[14:47] {Threei} take care jj, have a good one
[14:48] {magoo} bye JJ
[14:58] {Threei} 64 almost tagged ENER
[14:59] {magoo} ask me to confess:)
[14:59] {Threei} you see... for that I'd have to pretend I care... and it's tough on Friday
[15:00] {magoo} WOW..u really be nasty to magoo today{more than normal that is}
[15:00] {Threei} but it's friday
[15:09] {fernp} I must go. Thanks for everything vad
[15:09] {fernp} have a nice weekend all
[15:09] {Threei} take care fern, have a great weekend
[15:10] {magoo} bye femp
[15:10] {dino} rvbd s .19
[15:13] {magoo} man ENER looking like 65 today
[15:16] * Threei slaps laserdave1 around a bit with a large trout
[15:17] * Chaeron slaps laserdave1 around a bit with a large trout
[15:17] {dino} rvbd bstop to .15
[15:19] {dino} to .12
[15:19] {dino} out +.07
[15:22] {dino} ostk drop
[15:36] {dino} unless something wierd happens, most likely done, just shy daily
[15:36] {Threei} unusually good Friday for me
[15:37] {magoo} at daily here
[15:37] {Threei} don't know what happened but traditionally scalping day brought a few quite nicely sized trades
[15:37] {dino} new streak started this week, 4 days in row up
[15:37] {Threei} :)
[15:38] {dino} got lucky, need to wait longer in mornings for my style
[15:39] {dino} isis
[15:39] {dino} fast
[15:41] {dptl} have a good weekend everyone :)
[15:41] {Threei} take care dp
[15:41] {magoo} vad dcc
[15:42] {magoo} never mind
[15:43] {dino} u2 dp
[15:43] {magoo} yes..bye dp:)
[15:44] {dino} ouch cme
[15:44] {dino} ok calling it a week. take care all, had fun.
[15:45] {Threei} thank you all
[15:46] {Threei} have a good weekend
[15:46] {Threei} see you all on Mondsay
[15:46] {Threei} or whatever comes after Sunday
[15:47] {Threei} welcome rant
[15:50] {magoo} TY vad, 4 straight up here too
[15:50] {magoo} all over daily
[08:31] {Threei} APR PCE CORE M/M: 0.1% V 0.1%E; PCE CORE Y/Y: 2.1% V 2.1%E; PCE DEFLATOR Y/Y: 3.2% V 3.1%E
[08:31] {Threei} APR PERSONAL INCOME: 0.2% V 0.1%E; PERSONAL SPENDING: 0.2% V 0.2%E
[08:31] {Threei} what crisis?
[08:42] {hawkfan4} i'm just glad i didn't hold any solar stocks short overnight. FSLR up 20
[08:43] {Threei} this is simply indecent
[08:44] {Threei} I am deeply resentful of your behavior
[08:45] {hawkfan4} no, i'm not in, i just think the move is crazy, but i didn't touch it. just an observation
[08:45] {Threei} ah
[08:46] {Threei} sorry, misread... thought it was "didn't sell"
[08:46] {magoo} morning
[08:46] {Threei} magoo
[08:47] {magoo} how'd u like mad scan vad?
[08:49] {Threei} I don't
[08:50] {Threei} let me rephrase
[08:50] {Threei} it's trying to do practically the same my current tools do but so far it's inferior to them
[08:51] {Threei} so I see no reason to switch at this point in time
[08:51] {magoo} cool
[08:51] {magoo} now, why FSLR gapping 18 points?
[08:51] {magoo} also csiq +2
[08:52] {Threei} Germany cuts to subcides are not that bad as feared
[08:52] {magoo} sigh
[08:52] {magoo} now this is truth
[08:53] {Threei} why does it make you sad?
[08:53] {magoo} all mornin g im thinking "250 has supported fslr" and it may go 20 points today..
[08:53] {magoo} walk in and therfe it it
[08:53] {magoo} problem is now the trades gone
[08:54] {Threei} and if Germany decided it doesn't want to support solar industry with taxpayers money that heavily... it would be 30 points lower by now
[08:58] {magoo} i just get these weird feelings..all morning i was tthinking buy 100 sh and ride it
[08:58] {magoo} didn't want to overnite it
[09:02] {magoo} MRVL nuts vad..news?
[09:03] {Threei} good earnings and guidance, bunch of upgrades
[09:03] {Threei} those that have targets assigned 22
[09:06] {GeoArb} gm
[09:06] {Threei} Geo :)
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:14] {fernp} good morning
[09:14] {Threei} fern :)
[09:16] {magoo} jcg down 8..news
[09:19] {Threei} guidance is not good, downgrades
[09:19] {magoo} ty..making u work this a,m
[09:25] {Threei} keeping an eye on SATC
[09:25] {Threei} never gave pullback yesterday
[09:26] {pita} morning everyone
[09:26] {Threei} pita :)
[09:27] {_osbo} HI
[09:27] {dptl} good morning all
[09:27] {Threei} morning osbo
[09:27] {Threei} dp
[09:28] {Threei} oh, and before trading started... magoo, I got e-mail from Bruce and he asked me to do this
[09:28] * Threei slaps magoo around a bit with a large trout
[09:28] {magoo} ROFLOL
[09:28] {Threei} Trout Magoo for me.
[09:28] {Threei}
[09:28] {Threei} Regards
[09:28] {Threei}
[09:28] {Threei} Bruce
[09:28] {magoo} how is bruce?
[09:28] {magoo} tell him i miss him
[09:29] {Threei} will do
[09:30] {magoo} ty
[09:31] {Threei} JASO big jump out of the gate
[09:31] {Threei} really don't want to chase solars that far
[09:32] {Threei} prefer to wait for pullback and clean setup
[09:32] {magoo} cSIQ pulls back out of gate
[09:33] {Threei} SOLF 21.20 - .30 area to watch for support
[09:34] {Roman} FRPT
[09:34] {Roman} long 4.10
[09:35] {dino} tell bruce hello
[09:36] {Roman} SOL
[09:36] {Roman} tup
[09:36] {dino} dji neg.
[09:39] {Threei} SOLF long with stop under 21.10
[09:39] {Threei} wait for strength to appear
[09:41] {dino} oih dropping
[09:45] {Roman} JRJC again
[09:48] {magoo} got .27 SOLF
[09:48] {Threei} if you took SOLF, consider half out at least here
[09:48] {Threei} and probably take whole
[09:48] {Threei} too sharp spike
[09:48] {dptl} out solf +.20 ty
[09:48] {Threei} :)
[09:48] {magoo} out .69 TY
[09:48] {Threei} wtg
[09:49] {Threei} .10 held perfectly
[09:49] {magoo} oops.59
[09:49] {hawkfan4} beauty
[09:49] {pita} +.31 ty
[09:49] {Threei} good job guys
[09:49] {Threei} wasn't very easy t7rade as entry had to be discretionary
[09:49] {_tangrick} TY
[09:49] {Threei} tangrick :)
[09:50] {Threei} I wish I could give exact entry every time but sometimes it's conditional and/or fuzzy
[09:51] {magoo} long rimm .50
[09:51] {magoo} sorry
[09:51] {magoo} late over 140feels like
[09:53] {magoo} aapl going 189 too
[09:54] {_rant} coco
[09:54] {Threei} ENER starts looking like one of those that never stop
[09:55] {dino} cedc sm l .00
[09:55] {magoo} in aapl .50
[09:55] {GeoArb} the ironic part is AMAT had good news today
[09:55] {Threei} MAY FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 59.8 V 59.5E
[09:56] {Threei} grrr
[09:56] {Threei} prepared XIDE alert .73 long, and changed my mind
[09:57] {magoo} engage maverick..{vad} engage
[09:58] {magoo} stopped aapl .99
[09:58] {magoo} mkt killed it
[09:59] {magoo} -.51
[10:00] {Threei} FRED
[10:01] {Threei} long with stop under .35
[10:01] {Threei} .48 - .50 trigger
[10:01] {magoo} don't forget warrants ALFRED lol
[10:02] {magoo} FREDRIK
[10:03] {Threei} CSUN trying
[10:03] {Threei} .15 worth a try, risky
[10:03] {Threei} stop under .95
[10:04] {Threei} invalidated
[10:04] {GeoArb} not much movement this friday
[10:04] {GeoArb} scanners already slowing down
[10:06] {dino} cedc stop to .97, mkt not helping
[10:07] {magoo} u kidding?huge movemt
[10:07] {magoo} throw a dart
[10:07] {GeoArb} where where
[10:07] {Threei} rant, see dcc
[10:07] {GeoArb} chrw
[10:07] {dino} stopped cedc -.06
[10:08] {magoo} problem i see is whippy..scalpers friday
[10:09] {GeoArb} SHLD tanking away
[10:09] {dino} was just looking at that
[10:09] {magoo} need mkt to resolve UP
[10:09] {GeoArb} so is SHLD salmon as per def vad?
[10:10] {dino} jcg getting interesting
[10:10] {magoo} l aapl now .45
[10:11] {Threei} yes geo
[10:11] {magoo} going over 189 RISKY
[10:11] {dino} no shld is death, really bad report
[10:11] {magoo} mneeds mkt
[10:11] {magoo} small and .99 stop
[10:12] {GeoArb} hehehe no salmon......rock dropping against upcurrent
[10:13] {dino} :)"
[10:13] {_rant} CTX always holds 19
[10:14] {_rant} MRX short anyone ?
[10:14] * Threei offers FRED swift kick in the pants - trigger already, will ya
[10:15] {magoo} magoo kickin aapl
[10:15] {Threei} ENER for adrenalin deprived:
[10:15] {Threei} .81 long
[10:15] {magoo} IN
[10:15] {magoo} lol
[10:15] {Threei} stop under .50
[10:15] {Threei} SMALL SHARES
[10:16] {esemde} good morning
[10:16] {Threei} ese :)
[10:16] {magoo} not yet lol
[10:17] {magoo} waiting .93 AAPL
[10:17] {magoo} 2:1 already
[10:18] {Threei} blast from the past... ELNK
[10:19] {magoo} misseed ENER
[10:19] {magoo} no way to hit it
[10:19] {Threei} ENER takes 60, I won't be surprized to see it at 61 or 62
[10:19] {Threei} come on mags
[10:19] {magoo} was gonna jump early .62
[10:19] {Threei} you slep through it
[10:19] {dptl} out ener +.30 ty
[10:19] {Threei} I have .81
[10:19] {magoo} OUT aapl .93 + .43 TY vad
[10:20] {_tangrick} missed too
[10:20] {dptl} i got .85
[10:20] {magoo} i guess AAPL distracted me
[10:20] {Threei} most likely
[10:21] {magoo} where pullbk entry?
[10:21] {GeoArb} so vad.... what are the reasons not to short shld
[10:21] {magoo} uh..like unprofittable he he
[10:21] {GeoArb} why?
[10:21] {GeoArb} didnt do it but am curious why not
[10:22] {magoo} [10:11] {magoo} going over 189 RISKY
[10:22] {Threei} half out ENER .40
[10:22] {magoo} dam i bought that lol
[10:23] {Threei} geo, who said there are any?
[10:23] {magoo} out RIMM here .18 + 68
[10:23] {magoo} TY vad
[10:23] {GeoArb} ok just curious if i am missing something here
[10:23] {Threei} it is short... it's simply a matter of right setup, and best one is gone
[10:23] {dino} sm risky l jcg .95
[10:23] {GeoArb} yeah
[10:23] {magoo} 09:52] {magoo} long rimm .50
[10:24] {Threei} 84.70 was perfect short trigger at the moment
[10:24] {GeoArb} how does one understand/avoid concept of shor squeeze
[10:24] {GeoArb} yeah beautifull dbi
[10:24] {Threei} OI am hesitatnt to chase it so far down from the trigger
[10:24] {GeoArb} yes same here
[10:25] {dino} keep it si8mple geo, don't overthink
[10:25] {GeoArb} will take a few years dino :)
[10:25] {Threei} short squeeze is not a concept to deeply think about, really... it's rather simple :)
[10:26] {dino} it will trust me. they need to invent mind eraser
[10:27] {Threei} what to invent... vodka has been around for centuries {G}
[10:27] {dino} yeah, but the stupid stuff in my head comes back in the morning
[10:27] {GeoArb} i spent the evening buying pappercorns ala chaeron
[10:27] {Threei} you mean a shot of vodka is not the first thing you take upon waking up??
[10:28] {dino} lol, i have to try that
[10:28] {Threei} stop for second half ENER to .95
[10:28] {magoo} no..but i replace milk with beer in my cereal
[10:28] {_tangrick} FRED moved
[10:28] {Threei} FRED triggered
[10:29] {Threei} stop under .35
[10:30] {dino} out jcg .45 +.50
[10:30] {dino} no takers
[10:30] {dino} ?
[10:31] {pita} c & h rimm?
[10:31] {esemde} FCEL looking good here....have been very patient with this.....need to see something
[10:32] {Threei} yes
[10:32] {Threei} needs market help as always, but chart is right pita
[10:32] {_rant} jcg down 20%
[10:32] {_rant} over done?
[10:33] {dino} rant see above
[10:33] {Threei} dino just played it
[10:33] {dino} .90 held last drop
[10:33] {Threei} it's up over a buck from low
[10:34] {_rant} dropping again
[10:34] {dino} y, watching it
[10:35] {Threei} good boy ENER
[10:35] {_rant} wow
[10:35] {Threei} one more jump please
[10:35] {_rant} 11%
[10:35] {dptl} nice ener:)
[10:36] {GeoArb} hey chaeron....dcc
[10:36] {Threei} am I getting too greedy?
[10:36] {judijim} gm all
[10:36] {Threei} jj :)
[10:36] {Chaeron} Good morning everybody
[10:36] {Threei} chaeron
[10:36] {magoo} yes..yes u are..but nice one
[10:37] {Threei} me? nice?
[10:37] {Chaeron} ah... no :) for me today...
[10:37] {Chaeron} lol
[10:37] {Threei} oversensitive today, aren't we
[10:37] {Threei} there:
[10:37] * Chaeron slaps Threei around a bit with a large trout
[10:37] {Threei} chaeron :))))
[10:37] {Threei} is that smiley enough for ya?
[10:37] {GeoArb} smiley or doublee/tripe chin
[10:38] {Chaeron} uh oh.. lol
[10:38] {Threei} out ENER
[10:38] {Threei} 61.11
[10:38] {GeoArb} too busy making money
[10:39] {Threei} 61.11 - 59.81
[10:39] * magoo slaps Threei around a bit with a large trout
[10:39] {Threei} whose math is good enough for that
[10:39] {magoo} not i
[10:39] {GeoArb} ummmmm
[10:39] {GeoArb} calculating
[10:39] {GeoArb} obscene
[10:39] {Chaeron} nice +$1.30 Vad
[10:39] {Threei} sheesh... this is second person calling me nice today
[10:39] {GeoArb} lol
[10:39] {Threei} my world is crambling down
[10:39] {Chaeron} trade was nice... noone said a dang thing abou tyou
[10:40] {GeoArb} so much for slow friday and scalpers friday
[10:40] {Threei} thank you chaeron
[10:40] {Threei} that makes me feel better
[10:40] {Chaeron} the $1.30 wasn't enough huh?
[10:40] {esemde} those of you in ENER...nice one....the trout looks in orderfor that tone
[10:40] * Chaeron slaps esemde around a bit with a large trout
[10:40] {Threei} lol
[10:40] {Chaeron} thanks for remindeing me ese
[10:41] {Threei} you walked right into that ese
[10:41] {esemde} no kidding
[10:41] {Chaeron} now let's find a trade I can screw up for magoo
[10:42] {dino} yes, please
[10:42] {magoo} that does it........................................
[10:42] * magoo slaps Threei around a bit with a large trout
[10:42] {Threei} what did I do?
[10:42] {magoo} just being figure head of this motley crew
[10:43] {GeoArb} i think i am going to be nice to people at work
[10:43] {GeoArb} TY vad
[10:43] {Threei} why would you do that geo?
[10:43] {magoo} dinos never nice here
[10:43] {GeoArb} money makes me kind
[10:43] {Threei} oh
[10:44] {magoo} going for a beer..brb
[10:44] {Threei} let's trail FRED stop to .44
[10:44] {Threei} it's so slow, really don't want to get stuck in it for whole day
[10:44] {Threei} risk is negligible with this stop, can just let it trade
[10:49] {_rant} jcg stuck around 37.20
[10:52] {dino} waiting at 36.80 fwiw
[10:55] {_rant} 37 seems to be holding for now
[10:56] {_rant} coco down 4%..sweet
[10:57] {Threei} FRED stopped
[10:57] {dino} hmmm, didn't expect it, sm l ostk .30
[11:03] {dino} jcg you are right rant about .00 floor
[11:04] {pita} day job calling....
[11:04] {Threei} take care pita
[11:04] {Threei} JOYG small shares long .50
[11:04] {dino} later pita
[11:04] {Threei} if stays above .25 - .30
[11:05] {Chaeron} it does and I'm in
[11:05] {Chaeron} .52
[11:05] {Threei} 1:1 easy
[11:05] {magoo} in
[11:06] {magoo} u out?
[11:06] {dptl} out +.23 ty
[11:06] {dino} gj
[11:06] {Threei} half out for me
[11:06] {dptl} joyg
[11:06] {Threei} stop to under .40
[11:06] {GeoArb} out .21 TY
[11:06] {Threei} welcome guys
[11:06] {Threei} good reflexes
[11:06] {GeoArb} easy button
[11:08] {Threei} stop to under .50
[11:09] {Threei} me may be greedy but me controls risk tightly, especially on Friday
[11:09] {dino} sm l jcg .05
[11:09] {Chaeron} out .77 + 0.25... thanks Threei
[11:10] {Threei} welcome
[11:10] {Chaeron} greedy is good... nice - well worry about that later
[11:11] {Threei} lol
[11:11] {esemde} out FCEL here .05 +.55.....gotta go have a great weekend everyone
[11:11] {magoo} bye es
[11:11] {Chaeron} you too ese... don't lose your balls
[11:11] {Threei} take care ese, have a good one
[11:11] {esemde} see ya mags ch...
[11:11] {esemde} vad
[11:11] {dino} out ostk .60 +.30
[11:11] {Chaeron} out shooot... sorry ese.. I read you were going to play GOLF... nevermind my comment
[11:12] {dino} out jcg .19, +.19
[11:12] {dino} .1`4 i mean
[11:12] {magoo} chaer roflol
[11:12] * Chaeron needs glasses
[11:12] {Threei} nice scalping footwork dino
[11:13] {dino} ty, it's firday
[11:13] {dino} friday
[11:13] {dino} lol
[11:13] {Threei} firday is good too
[11:13] {magoo} fir day?
[11:13] {magoo} OY
[11:13] {Threei} I need to think of concept of furday as well
[11:13] {dptl} lol
[11:14] {Threei} out balance JOYG
[11:14] {Threei} .85
[11:14] {Threei} oversat this last spike a little
[11:14] {Chaeron} nice Threei... thanks again for JOYG
[11:14] {Threei} wanted exit over 85
[11:15] {Threei} not sure it has enough fuel to break again
[11:15] {magoo} waiting .97
[11:15] {magoo} kickin it
[11:20] {magoo} OUT WHOA TY lord vader
[11:20] {magoo} .97
[11:20] {GeoArb} lord vader
[11:20] {GeoArb} hmmm
[11:20] {Chaeron} w00h00! glad for you magoo
[11:20] {Chaeron} now can I short it?
[11:20] {Threei} {JOYG} who me no fuel??
[11:20] {GeoArb} lol
[11:20] {Threei} lord vader?
[11:21] * Threei is breathing heavy through space costume
[11:21] {dino} gj guys
[11:22] {dino} wind
[11:22] {Threei} magoo misbehaves dino?
[11:22] {Chaeron} ug
[11:23] {dino} always 3i
[11:23] {Chaeron} JOYG nonstop
[11:24] {GeoArb} my 21 cents are laughing at me and pointing at their friends
[11:24] {Threei} you just wait Geo... soon stocks will start calling you on the phone, make evil laighter sound and hang up
[11:25] {GeoArb} i thought that was magoo calling you
[11:25] {Threei} nah, he just gives them my phone number
[11:25] {Threei} to be fair... I started it first
[11:25] {dino} wait'll you start dreaming of trades
[11:26] {GeoArb} its funny
[11:26] {magoo} hiccup..second brew awaits
[11:26] {GeoArb} i wake up in the mornining and tell my wife to close the curtains
[11:27] {magoo} well ..it is friday
[11:27] {GeoArb} SOLARS hurt my eyes
[11:27] {dino} thought you were worried about the neighbors
[11:27] {GeoArb} nah i think of the world in terms of sectors
[11:27] {GeoArb} :)
[11:27] {GeoArb} really magoo?
[11:28] {GeoArb} whats the brew of choice?
[11:28] {dino} none for me today little league double-header tonight
[11:28] {GeoArb} k
[11:28] {dino} altho, over the weekend gueness drafts
[11:29] {GeoArb} nice
[11:29] {GeoArb} i am a fan of fat tire draft
[11:29] {magoo} heinie light
[11:29] {dino} cans w/that draft thingy
[11:30] {dino} fat tire?
[11:30] {dino} jcg feels whoosh lower coming
[11:31] {GeoArb} http://www.newbelgium.com/beers_ft.php
[11:31] {GeoArb} colorado based microbrew
[11:31] {Threei} Innis & Gunn favorite here
[11:32] {dino} as homer simpson would say...........ahhhh beer
[11:32] {GeoArb} ill check it out
[11:32] {GeoArb} vad made like 2 bucks toady
[11:32] {GeoArb} ill drink whatever beer he does !!!
[11:32] {GeoArb} heheh today
[11:32] {Threei} lol
[11:34] {GeoArb} psssah not available in CA
[11:36] {dino} wind sm s .50
[11:37] {dino} stop is .72
[11:39] {Chaeron} frpt
[11:40] {Threei} AWARDED $43.7 M FOR SERVICE AND SUPPORT CONTRACTS
[11:41] {_rant} scalped 20 cents of jcg
[11:41] {_rant} for 200$
[11:41] {_rant} :)
[11:41] {_rant} thanks dino
[11:41] {Threei} cool beans
[11:42] {magoo} no need to rant over it lol
[11:42] {_rant} lol..small profit..
[11:42] {_rant} will take it in this crazy mkt
[11:42] {Chaeron} if anyone is bored... http://www.thisislondon.co.uk/news/article-23488455-details/Al-Qaeda's+terrifying+vision+of+a+devastated+America+in+the+wake+of+a+nuclear+attack/article.do
[11:43] {Chaeron} and if they even THINK about it again, here's a picture of what we'd do first - http://farm1.static.flickr.com/78/180862057_f58e3ea6bb.jpg?v=0
[11:43] {dino} gj
[11:44] {Threei} 200 bucks per trade is nothing to sneeze at for daytraders, IMO
[11:44] {dino} 1:1 for me is $100
[11:44] {Chaeron} $200/day is $4000/mo
[11:44] {Threei} if you can do it twice a day consistently, you have fairly comfortable living
[11:45] {Chaeron} unless you're in Canada where the US $ is worth nothing :)
[11:45] {Threei} yeah, rub it on
[11:45] {dino} use your dollar to buy our real estate
[11:45] {Chaeron} that's "in" Threei... "in"
[11:45] {Threei} that too
[11:46] {GeoArb} yup those canadians
[11:46] {GeoArb} ravaging our lands
[11:46] {Threei} lol
[11:46] {magoo} i looked chaer at post...those sob's
[11:47] {GeoArb} unfortunatley we are providing them the money to develop stuff
[11:48] {GeoArb} turn the oil money spigot off !!!
[11:48] {GeoArb} when i travel to asia , its frigheting to see how that money is being used to "educate"
[11:49] {dino} lies i bet
[11:49] {GeoArb} of course
[11:49] {GeoArb} completely
[11:49] {GeoArb} they take the money from here and then use it for propaganda against us
[11:49] {dino} thats how they keep control of their people, keep them full of lies, etc, they do anything you want
[11:50] {GeoArb} lets just make money and feel better :)
[11:50] {dino} ok
[11:51] {Chaeron} naaa... you got me mad geo... I'm going to go drill in ANWR and build a few refineries and nuclear plants :)
[11:51] {_rant} OMG anyone ?
[11:51] {dino} i wish we would
[11:51] {dino} and the coasts
[11:52] {GeoArb} i need to invent working fusion
[11:52] {Threei} not sure rant
[11:52] {Threei} chart looks nice but it's a slow trader and we move into lunch time
[11:53] {_rant} rsi crossover 30
[11:54] {_rant} always safer bet
[11:54] {dino} i will gladly pay you tomorrow for a hamburger today
[11:54] {GeoArb} ??? dino
[11:54] {dino} :)
[11:57] {magoo} popeye
[11:58] {Chaeron} wimpy
[11:59] {GeoArb} off to work... thanks all... have a great weekend (off to hunt vad's beer)
[11:59] {Chaeron} bye Geo... see you Monday
[11:59] {dino} later geo
[12:00] {dino} jcg breaking out
[12:00] {_rant} bummer
[12:01] {_rant} sold early
[12:03] {dino} same here but 2/2 on it
[12:03] {Threei} yeah
[12:03] {_rant} 37.8
[12:04] {Threei} the idea is not to take all the money move can offer
[12:04] {_rant} need to learn good exit points..
[12:04] {_rant} and let profits run
[12:04] {_rant} and cut losses..
[12:04] {_rant} tend to always do the opposite
[12:04] {Threei} "last 1/8 is the most expensive"
[12:04] {Threei} cut losses is right
[12:05] {Threei} with no reservations
[12:05] {Threei} stop is hit, get out,
[12:05] {Threei} no second thoughts, no guessing, no hesitation
[12:05] {Threei} profits run is right but there are buts
[12:06] {Threei} profits tend to evaporate if you oversit the move
[12:06] {_rant} true
[12:06] {_rant} i like trailing stop
[12:06] {Threei} gotta have sound method to manage a trade
[12:06] {Threei} partialling out, trailing stop
[12:06] {_rant} it protects u from a bigger loss
[12:07] {_rant} but the key is to understand the ATR and place the trailing stop correctly
[12:07] {_rant} tight stops might be taken out all the time
[12:07] {Threei} well, stop must be dictated by the chart
[12:07] {_rant} daily chart ?
[12:08] {Threei} whatever chart you base your trade on
[12:08] {dino} of course it is scalpers friday, so we scalp
[12:08] {Threei} if it's intraday trade, it's more likely to be intraday chart, no?
[12:08] {Threei} one of frequent mistakes made
[12:08] {_rant} yes, but you wont know the bottom until it is formed
[12:08] {Threei} is basing one's stop on his monetary needs solely
[12:09] {Threei} you don't need to
[12:09] {magoo} ener breaking out vad
[12:09] {Threei} this is not how trade is structured and managed
[12:09] {Threei} there is a certain setup for each trade
[12:10] {_rant} what u think of JCG vad...
[12:10] {Threei} one of elements of such setup is the action that renders original reson for entry invalid
[12:10] {_rant} worth going into it again
[12:10] {_rant} 37.49 now
[12:10] {Threei} I don't have read on it
[12:11] {Threei} to finish the thought,
[12:11] {_rant} omg climbing slow n steady
[12:11] {Threei} your stop is placed in such manner
[12:11] {Threei} that trade is cut off when that action accurs
[12:12] {_rant} i didnt get u ? trade is cutoff ?
[12:12] {Threei} stopped out
[12:12] {_rant} oh ok
[12:12] {Threei} on this I'll shut up and let you jump from stock to stock hunting for a lunch time stop {G}
[12:12] {_rant} :) i m pacific time zone..!
[12:12] {Threei} me too
[12:12] {_rant} time to go to work :)
[12:13] {Threei} but market isn't
[12:15] {dino} wind bstop to b/e
[12:18] {dino} to .43
[12:24] {_rant} omg jumps..now 42.88
[12:25] {_rant} silly to miss out on it
[12:26] {dino} wind bstop to .38
[12:27] {dino} cov .31 +.19
[12:28] {dino} cme feels like 400 magnet
[12:29] {dino} probably next week
[12:32] {_rant} cant watch jcg anymore
[12:32] {_rant} feeling stupid
[12:32] {_rant} 38.22
[12:36] {dino} pwrd
[12:37] {_rant} trade ?
[12:39] {Roman} LGND
[12:39] {Roman} spike on news
[12:39] {Roman} LGND Ligand Pharma jumps after US Panel member supports new drug approval - Bloomberg (3.00 +0.65)
[12:41] {dino} not in rant missed it thought it would go higher for short
[12:44] {Threei} LLTC
[12:44] {Threei} 37 break for a scalp if stays above .90
[13:02] {Threei} TREASURY'S PAULSON: RISING OIL PRICES ARE A SIGNIFICANT ISSUE, MORE INVESTMENT NEEDED IN MAJOR OIL PRODUCING COUNTRIES TO BOOST OUTPUT- Some parts of the Senate mortgage backstop plan are not helpful
[13:09] {Threei} market loses steam
[13:10] {Threei} GREENSPAN: CREDIT CRUNCH IS NOW BEGINNING TO AFFECT ASIA
[13:10] {Threei} duct tape, please
[13:12] {magoo} any read ENER vad?
[13:14] {Threei} looks up
[13:15] {Threei} can't nail it more exactly
[13:15] {dptl} is there a gold etf?
[13:15] {Threei} yes
[13:16] {Threei} look at that site I gave yesterday
[13:16] {Threei} there are different ones
[13:16] {dptl} ye there are few wich oneto use i don't know
[13:17] {Threei} there is a description for each of them
[13:20] {dptl} nice site by the way ,ty to point into it :)
[13:20] {Threei} LLTC failed
[13:23] {dptl} yeah i sold at .99 just 2c loss didnt like the market there
[13:29] {dino} rvbd
Session Start: Fri May 30 13:53:41 2008
[13:53] *** Now talking in #discussions
[13:53] {_rant} rsi crossover 30
[13:53] {_rant} always safer bet
[13:53] {dino} i will gladly pay you tomorrow for a hamburger today
[13:53] {GeoArb} ??? dino
[13:53] {dino} :)
[13:53] {magoo} popeye
[13:53] {Chaeron} wimpy
[13:53] {GeoArb} off to work... thanks all... have a great weekend (off to hunt vad's beer)
[13:53] {Chaeron} bye Geo... see you Monday
[13:53] {dino} later geo
[13:53] {dino} jcg breaking out
[13:53] {_rant} bummer
[13:53] {_rant} sold early
[13:53] {dino} same here but 2/2 on it
[13:53] {Threei} yeah
[13:53] {_rant} 37.8
[13:53] {Threei} the idea is not to take all the money move can offer
[13:53] {_rant} need to learn good exit points..
[13:53] {_rant} and let profits run
[13:53] {_rant} and cut losses..
[13:53] {_rant} tend to always do the opposite
[13:53] {Threei} ""last 1/8 is the most expensive""
[13:53] {Threei} cut losses is right
[13:53] {Threei} with no reservations
[13:53] {Threei} stop is hit, get out,
[13:53] {Threei} no second thoughts, no guessing, no hesitation
[13:53] {Threei} profits run is right but there are buts
[13:53] {Threei} profits tend to evaporate if you oversit the move
[13:53] {_rant} true
[13:53] {_rant} i like trailing stop
[13:53] {Threei} gotta have sound method to manage a trade
[13:53] {Threei} partialling out, trailing stop
[13:53] {_rant} it protects u from a bigger loss
[13:53] {_rant} but the key is to understand the ATR and place the trailing stop correctly
[13:53] {_rant} tight stops might be taken out all the time
[13:53] {Threei} well, stop must be dictated by the chart
[13:53] {_rant} daily chart ?
[13:53] {Threei} whatever chart you base your trade on
[13:53] {dino} of course it is scalpers friday, so we scalp
[13:53] {Threei} if it's intraday trade, it's more likely to be intraday chart, no?
[13:53] {Threei} one of frequent mistakes made
[13:53] {_rant} yes, but you wont know the bottom until it is formed
[13:53] {Threei} is basing one's stop on his monetary needs solely
[13:53] {Threei} you don't need to
[13:53] {magoo} ener breaking out vad
[13:53] {Threei} this is not how trade is structured and managed
[13:53] {Threei} there is a certain setup for each trade
[13:53] {_rant} what u think of JCG vad...
[13:53] {Threei} one of elements of such setup is the action that renders original reson for entry invalid
[13:53] {_rant} worth going into it again
[13:53] {_rant} 37.49 now
[13:53] {Threei} I don't have read on it
[13:53] {Threei} to finish the thought,
[13:53] {_rant} omg climbing slow n steady
[13:53] {Threei} your stop is placed in such manner
[13:53] {Threei} that trade is cut off when that action accurs
[13:53] {_rant} i didnt get u ? trade is cutoff ?
[13:53] {Threei} stopped out
[13:53] {_rant} oh ok
[13:53] {Threei} on this I'll shut up and let you jump from stock to stock hunting for a lunch time stop {G}
[13:53] {_rant} :) i m pacific time zone..!
[13:53] {Threei} me too
[13:53] {_rant} time to go to work :)
[13:53] {Threei} but market isn't
[13:53] {dino} wind bstop to b/e
[13:53] {dino} to .43
[13:53] {_rant} omg jumps..now 42.88
[13:53] {_rant} silly to miss out on it
[13:53] {dino} wind bstop to .38
[13:53] {dino} cov .31 +.19
[13:53] {dino} cme feels like 400 magnet
[13:53] {dino} probably next week
[13:53] {_rant} cant watch jcg anymore
[13:53] {_rant} feeling stupid
[13:53] {_rant} 38.22
[13:53] {dino} pwrd
[13:53] {_rant} trade ?
[13:53] {Roman} LGND
[13:53] {Roman} spike on news
[13:53] {Roman} LGND Ligand Pharma jumps after US Panel member supports new drug approval - Bloomberg (3.00 +0.65)
[13:53] {dino} not in rant missed it thought it would go higher for short
[13:53] {Threei} LLTC
[13:53] {Threei} 37 break for a scalp if stays above .90
[13:53] {Threei} TREASURY'S PAULSON: RISING OIL PRICES ARE A SIGNIFICANT ISSUE, MORE INVESTMENT NEEDED IN MAJOR OIL PRODUCING COUNTRIES TO BOOST OUTPUT- Some parts of the Senate mortgage backstop plan are not helpful
[13:53] {Threei} market loses steam
[13:53] {Threei} GREENSPAN: CREDIT CRUNCH IS NOW BEGINNING TO AFFECT ASIA
[13:53] {Threei} duct tape, please
[13:53] {magoo} any read ENER vad?
[13:53] {Threei} looks up
[13:53] {Threei} can't nail it more exactly
[13:53] {dptl} is there a gold etf?
[13:53] {Threei} yes
[13:53] {Threei} look at that site I gave yesterday
[13:53] {Threei} there are different ones
[13:53] {dptl} ye there are few wich oneto use i don't know
[13:53] {Threei} there is a description for each of them
[13:53] {dptl} nice site by the way ,ty to point into it :)
[13:53] {Threei} LLTC failed
[13:53] {dptl} yeah i sold at .99 just 2c loss didnt like the market there
[13:53] {dino} rvbd
[13:56] {Threei} STAC new 52 week highs
[13:56] {Threei} SATC
[13:57] {Threei} was so quiet, I stopped watching it
[14:07] {magoo} was disconnwected there
[14:08] {Threei} yup, you and dino lost connection
[14:14] {magoo} any read RIMM or AAPL?
[14:14] {magoo} ENER?
[14:15] {Threei} AAPl short on this bounce
[14:15] {Threei} no read on the rest
[14:16] {Threei} 189.20 next resistance level
[14:16] {Threei} short on first weakenss from here
[14:17] {_rant} jcg fading
[14:17] {Threei} got .02
[14:17] {Threei} 20 cents stop
[14:19] {magoo} how many shares u play?
[14:20] {Threei} why is it important?
[14:20] {magoo} just wondering for risk control reasons
[14:20] {magoo} why so paranoid?
[14:21] {Threei} my risk tolerance and yours are not the same
[14:21] {magoo} sure they are
[14:21] {Threei} no two traders have the same
[14:22] {magoo} look in mirror...what u see?
[14:22] {Threei} paranoid or not, I am not comfortable sharing personal financial information
[14:25] {Threei} SOLF running
[14:28] {Threei} come on AAPL, give up
[14:28] {Threei} lose that 109 and die
[14:28] {magoo} ENER touch 64 today vad?
[14:28] {Threei} most likely... but risk here becomes too much for me
[14:29] {Threei} btw magoo... because of you I fainted for whole 3 minutes
[14:30] {magoo} huh?
[14:30] {Threei} I did what you told
[14:30] {Threei} [14:22] {magoo} look in mirror
[14:30] {magoo} rogflol
[14:34] {Threei} lower high AAPL
[14:34] {Threei} rollover already
[14:40] {dino} geoi
[14:43] {Threei} out
[14:47] {judijim} have a great week end all, be back monday
[14:47] {Threei} take care jj, have a good one
[14:48] {magoo} bye JJ
[14:58] {Threei} 64 almost tagged ENER
[14:59] {magoo} ask me to confess:)
[14:59] {Threei} you see... for that I'd have to pretend I care... and it's tough on Friday
[15:00] {magoo} WOW..u really be nasty to magoo today{more than normal that is}
[15:00] {Threei} but it's friday
[15:09] {fernp} I must go. Thanks for everything vad
[15:09] {fernp} have a nice weekend all
[15:09] {Threei} take care fern, have a great weekend
[15:10] {magoo} bye femp
[15:10] {dino} rvbd s .19
[15:13] {magoo} man ENER looking like 65 today
[15:16] * Threei slaps laserdave1 around a bit with a large trout
[15:17] * Chaeron slaps laserdave1 around a bit with a large trout
[15:17] {dino} rvbd bstop to .15
[15:19] {dino} to .12
[15:19] {dino} out +.07
[15:22] {dino} ostk drop
[15:36] {dino} unless something wierd happens, most likely done, just shy daily
[15:36] {Threei} unusually good Friday for me
[15:37] {magoo} at daily here
[15:37] {Threei} don't know what happened but traditionally scalping day brought a few quite nicely sized trades
[15:37] {dino} new streak started this week, 4 days in row up
[15:37] {Threei} :)
[15:38] {dino} got lucky, need to wait longer in mornings for my style
[15:39] {dino} isis
[15:39] {dino} fast
[15:41] {dptl} have a good weekend everyone :)
[15:41] {Threei} take care dp
[15:41] {magoo} vad dcc
[15:42] {magoo} never mind
[15:43] {dino} u2 dp
[15:43] {magoo} yes..bye dp:)
[15:44] {dino} ouch cme
[15:44] {dino} ok calling it a week. take care all, had fun.
[15:45] {Threei} thank you all
[15:46] {Threei} have a good weekend
[15:46] {Threei} see you all on Mondsay
[15:46] {Threei} or whatever comes after Sunday
[15:47] {Threei} welcome rant
[15:50] {magoo} TY vad, 4 straight up here too
[15:50] {magoo} all over daily
Thursday, May 29, 2008
May 29 2008
Session Time: Thu May 29 00:00:00 2008
[08:25] {Threei} OPEC RESEARCH CHIEF QABAZARD SEES OIL STOCKS BUILDING TO AN AVERAGE OF 500K BPD IN 2008
- Says OPEC spare capacity is 3M bpd.
[08:25] {Threei} - Note: On the capacity issue, the Qatari Oil minister stated back on May 22 that OPEC was producing at its full capacity.
[08:30] {Threei} Q1 PRELIMINARY GDP PRICE INDEX: 2.6% V 2.6%E
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 372K V 370KE; CONTINUING CLAIMS: 3.104M V 3.080ME
[08:31] {Threei} CORE PCE Q/Q: 2.1% V 2.2%E
[08:31] {Threei} Q1 PRELIMINARY GDP ANNUALIZED: 0.9% V 0.9%E; PERSONAL CONSUMPTION: 1.0% V 1.0%E
[08:32] {Threei} COLOMBIA SIGNS AGREEMENT TO PURCHASE 65,000 XO LAPTOPS
[08:50] {cosmo} ESLR
[08:50] {Threei} ESLR was downgraded earlier
[08:50] {cosmo} hmm
[08:51] {Threei} 05/29/08 04:08am
[08:51] {Threei} [ESLR] Evergreen Solar Inc Merrill Lynch Cuts ESLR to Sell from Neutral
[08:51] {Threei} - Cites potential German subsidy cuts
[08:53] {magoo} sedarmoc kninrom (:
[08:53] {Threei} wow
[08:53] {Threei} where is my decoder ring
[08:54] {dptl} good morning all
[08:54] {Threei} dp :)
[08:57] {Threei} keeping an eye on VVUS for possible continuation
[09:02] {fernp} good morning
[09:02] {Threei} fern :)
[09:04] {Threei} 08:28am [TLM] Ivanhoe Energy to acquire oil sands assets from Talisman Energy for C$105M
[09:05] {magoo} whats with KOSN vad?
[09:05] {Threei} buyout
[09:05] {Threei} by BMY
[09:09] {cosmo} EXPD @ 24 pre mkt high
[09:09] {cosmo} EXPE
[09:09] {cosmo} sorry
[09:17] {_osbo} HI
[09:17] {Threei} hi osbo, welcome
[09:18] {magoo} morn osbo
[09:18] {hawkfan4} morning all
[09:19] {Threei} hawk :)
[09:25] {GeoArb} gm
[09:25] {Threei} Geo :)
[09:28] {dino} gm all
[09:28] {Threei} dino :)
[09:29] {Threei} BWEN is wind energy?
[09:31] {hawkfan4} yes
[09:31] {Threei} nasty Level 2
[09:37] {pita} morning TY
[09:37] {Threei} hi pita
[09:37] {Threei} guys, save that reserve server somewhere
[09:38] {magoo} why?
[09:39] {Threei} ummm... because you'll need it every time chat host has dns problems?
[09:39] {GeoArb} i used reserve
[09:39] {GeoArb} anyne knows how to add it in mirc script as backup?
[09:40] {Threei} File-Options-Connect-Add
[09:40] {GeoArb} ty
[09:42] {dino} sm l cedc .00
[09:43] {Threei} FCEL
[09:43] {Threei} .95 long
[09:44] {Threei} .84 stop
[09:44] {magoo} in
[09:44] {Threei} 10 is decisive resistance for it
[09:44] {Threei} .95 is somewhat aggressive entry
[09:45] {magoo} wheres the exit if works? 10.15 area?
[09:45] {Threei} I will try to partial
[09:46] {Threei} there is no clear resistance to exit into, 10 break has nothing up to about 11
[09:46] {magoo} look at V
[09:46] {Threei} so, go with real time tape
[09:48] {Threei} where is ese... if FCEL takes 10 and jumps, he owes us a bottle of champaign
[09:49] {Threei} {FCEL} 10? what 10?
[09:49] {magoo} COCO pop
[09:50] {Threei} ese... FCEL :)
[09:51] {esemde} morning vad...
[09:51] {magoo} news AAPL?
[09:52] {Threei} no
[09:52] {magoo} shit..was looking at .27
[09:53] {esemde} FCEL...lookin good.....maybe should have had full lot
[09:54] {magoo} AAPL bounmce area vad?
[09:54] {Threei} TELK 2.11 long
[09:55] {Threei} it's 40 cents from low
[09:55] {magoo} was low when asked
[09:56] {Threei} when it jumps like this, how is it possible to alert in time
[09:57] {Threei} ARBA
[09:58] {Threei} .25 long
[09:58] {Threei} if stays above .10
[10:00] {magoo} SINO feels like 17
[10:00] {dino} sm l joyg .50
[10:03] {dino} out cedc .47 +.47
[10:05] {GeoArb} V not letting up
[10:05] {Threei} come on FCEL... it can't be 10 cents was all you were capable of
[10:06] {dino} jef s .52 stop .70
[10:06] {magoo} look at MA geo
[10:06] {dino} out joyg .90, +.40
[10:06] {esemde} my thinking exactly....i'll be out todat sometime
[10:07] {Threei} PREIVEW: DOE AND API PETROLEUM INVENTORY DATA DUE OUT AT 10:30AMET
**consensus expectations:
[10:07] {Threei} - Crude: -300Ke
[10:07] {Threei} - Gasoline: -200Ke
[10:07] {Threei} - Distillates: +1Me
[10:12] {dptl} stopped fcel
[10:12] {Threei} yeah
[10:15] {Threei} ARBA holding well during market selling
[10:16] {esemde} yep....it's made anice move from the 10 area
[10:18] {Threei} SINA
[10:18] {Threei} half lot long 52 break
[10:18] {Threei} if stays above 51.80
[10:18] {dino} jef stopped -.19
[10:18] {magoo} in
[10:18] {magoo} 52
[10:20] {Threei} ARBA looks good for more than scalp, just hopefully oil numbers do not kill market
[10:20] {Threei} SINA over 1:2
[10:21] {Threei} out .50
[10:21] {magoo} out here .54 TY VAD
[10:21] {Threei} welcome
[10:21] {magoo} nice spot
[10:22] {Threei} classic chart...
[10:22] {Threei} kind of C&H on 1 min
[10:22] {magoo} easy button
[10:25] {dino} ulbi s sm .63 stop .01
[10:25] {Threei} ARBA nears 1:1
[10:25] {magoo} AAPL going fgreen
[10:25] {Threei} make up your mind guys
[10:25] {magoo} not in
[10:25] {Chaeron} good morning all... looks like I missed a golden one... SINA... nice job guys
[10:25] {Threei} chaeron :)
[10:25] {magoo} charbroil baby
[10:25] {Threei} I am holding, but manage your trade according to your objectives and risk tolerance
[10:26] {esemde} CCCCCCCCCHHHHHHHHH!!!!!!
[10:26] {Threei} my current take is,
[10:26] {magoo} huh?whats that mean?
[10:26] {Chaeron} hi magoo, ese :)
[10:26] {Threei} in this choppy environemtn we get unusually high stop ratio
[10:26] {magoo} aapl opopped .50 cents
[10:26] {Threei} so I keep stops tight while trying to milk winners to their full extent
[10:26] {Threei} you saw it yesterday with CSIQ for instance
[10:27] {magoo} we trade csiq yesterday?
[10:27] {Threei} lol
[10:27] {Chaeron} yep :) for .40+
[10:27] {Threei} wow... SINA decided to make us look cheapskates
[10:27] {Threei} you for 40, chaeron... I held for .85 exit :)
[10:28] {Chaeron} oh yeah........ :)
[10:28] {Threei} not berating your exit, just illustrating an approach I just discussed
[10:29] {Threei} market gets jittery closer to oil numbers
[10:29] {Threei} what a nonsense it is to monitor them every week and react on them as some major indicator
[10:30] {Threei} DOE CRUDE: -8.9M V -300KE;
[10:30] {Threei} yikes
[10:30] {magoo} u know my biggest change in perspective over years?
[10:30] {Threei} GASOLINE: -3.26M V -200KE; DISTILLATES: +1.64M V +1ME; UTILIZATION: 87.9 % V 88.4%E
[10:30] {GeoArb} tell tell magoo
[10:31] {magoo} out dinos JOYG + buck TY dino
[10:31] {magoo} got .57
[10:31] {GeoArb} ?
[10:31] {dino} np
[10:31] {dino} gj
[10:31] {magoo} ok, its the nonsense day to day which moves mkt
[10:32] {GeoArb} you mean reports?
[10:32] {magoo} a bit of info moves today..forgotten tommorrow
[10:32] {fernp} look at USO
[10:32] {Threei} sure
[10:32] {dino} geo i'm reporting you
[10:32] {GeoArb} to the unprofitable comission?
[10:33] {esemde} what the heck is the NDX doing?
[10:33] {dino} no, i believe the commision side is always profitable
[10:33] {GeoArb} hehehe
[10:33] {Threei} dropping ese... as oil is jumping
[10:34] {magoo} any one still in ARBA?
[10:34] {magoo} id like to be in jessica arba lol
[10:34] {Threei} with all the decrease in driving reported lately, how could inventory numbers go that disastrous?
[10:35] {dino} how about alba
[10:35] {magoo} OH ROFLOL
[10:35] {magoo} yeah ..her
[10:36] {magoo} dino rockin office with the kid {kid rock}
[10:37] {Roman} 21 PEIX
[10:37] {Roman} 21 boucing
[10:37] {dino} kiiiiiidddddddddddddddrock!
[10:38] {Threei} DOE SAYS IT ACCIDENTALLY BRIEFLY POSTED THE INVENTORY DATA ABOUT 15 MINUTES BEFORE 10:30AMET
[10:38] {Roman} 21 long PEIX
[10:39] {Roman} 21 stop 3.49
[10:39] {Threei} EIA: DROP IN CRUDE DELIVERIES DUE TO TEMPORARY DELAYS IN THE GULF
[10:40] {magoo} how could est be off so badly?
[10:41] {Threei} read above
[10:42] {dino} yeah, accidentally, sure, and i have some swamp land
[10:42] {Threei} I mean this
[10:42] {Threei} [10:39] {Threei} EIA: DROP IN CRUDE DELIVERIES DUE TO TEMPORARY DELAYS IN THE GULF
[10:42] {dino} oih hod
[10:43] {dino} what are you trying to say 3i??????????????????????????/
[10:43] {dino} just messing w/ya
[10:44] {Threei} what magoo is rubbing off of you? :)
[10:44] {Threei} I hoped you would be a good influence on him
[10:44] {Threei} but it seems rather other way around
[10:45] {dino} late night
[10:46] {Threei} SOLF chart is breaky... not sure how much we can trust it
[10:46] {Chaeron} dino - cell phone in freezer and bottle of vodka on bedstand?
[10:46] {Threei} see if you like it
[10:46] {Threei} stop under 21
[10:47] {dino} lol, no but golf and brews
[10:47] {Threei} don't chase beyond .15 - .20 area
[10:47] {Roman} 21 watching TSRA
[10:47] {Threei} I personally will skip it
[10:47] {Roman} 21 feels higher
[10:47] {dino} i must be getting old
[10:48] {Threei} arba stop to under .20 for me
[10:50] {pita} day job calling - c u later
[10:50] {Threei} take care pita
[10:50] {judijim} gm all, Judi off to her office Jim will be watching today.
[10:50] {Threei} hi jj
[10:50] {Threei} missed couple good ones :(
[10:52] {magoo} bye pita
[10:52] {magoo} morn jim
[10:52] {Threei} KLAC interesting
[10:53] {Threei} it jiggles around a lot, try to grab it closer to 46
[10:53] {Threei} with stop under 45.90
[10:54] {Threei} see these teleportations by 10-15 cents?
[10:54] {Threei} this is the chance for right entry on the likes of KLAC
[10:55] {Threei} NQ breaks 2020, ARBA should start second leg on its way to 15
[10:59] {Threei} NQ retreated in lower BB
[10:59] {Threei} ARBA stays put
[10:59] {dino} ulbi stopped .35. +.28
[10:59] {Threei} good salmon scenario, want to see now NQ bounce with ARBA making new high
[11:00] {Threei} MRO CEO: ETHANOL PROCUDERS CAN MEET 2008 MANDATE, GETTING ETHANOL TO BLENDERS WILL BE DIFFICULT
- Says a pull back in oil would help refiners and consumers
[11:00] {Threei} - Notes that gasoline makers struggling, diesel profitable
[11:01] {Threei} textbook so far
[11:01] {Threei} see this relation between salmon stopck and market?
[11:02] {Threei} memorize it, this is ideal scenario
[11:02] {Threei} good to have it in your arsenal
[11:02] {Threei} half out ARBA
[11:02] {Chaeron} KLAC near 46
[11:03] {Chaeron} oops... it was
[11:03] {GeoArb} salmon as in against current?
[11:03] {Threei} NQ lost support on 1 min
[11:03] {Threei} right geo
[11:04] {Threei} strictly speaking, ARBA is not exact salmon
[11:04] {Threei} it's rather a market follower with nice relative strength
[11:04] {Threei} but its behavior on market pullbacks was very typical for a salmon
[11:08] {Threei} jeez FEED
[11:08] {Threei} it bought two hog farms
[11:08] {Threei} look at it go
[11:09] {Threei} ACQUIRES TWO ADDITIONAL PRODUCING COMMERCIAL HOG FARMS IN CHINA'S FUJIAN PROVINCE; EXPECTS ACQUISITIONS TO BE IMMEDIATELY ACCRETIVE TO 2008 EARNINGS
- AgFeed's management is already in place operating the newly acquired hog farms.
[11:09] {Threei} - With the addition of these newly acquired hog farms, AgFeed now owns controlling interest (on average more than 90%) in 24 producing commercial hog farms in several provinces in China, including two breeder hog farms, with an aggregate annual hog production capacity of approximately 550,000 hogs.
[11:10] {dino} making bacon
[11:10] {Chaeron} Chinese Fed releasing BBQ Pork Ribs numbers tomorrow
[11:10] {Chaeron} (teasing)
[11:11] {dino} mmmmmmm
[11:11] {dino} magoo's releasing gas
[11:12] {dino} sm s oyog .29 thin, risky
[11:23] {magoo} price of sweet-n-sour pork to rise predicted
[11:24] {dino} you guys are making me hungry
[11:24] {esemde} Outta here til tomorow....see ya'll
[11:25] {Threei} take care ese
[11:25] {dino} cost drop
[11:25] {dino} lateres
[11:25] {Threei} COST news just now
[11:25] {Threei} CFO: HAD 'PRETTY STRONG' GROSS MARGINS IN Q4 LAST YEAR, BUT DOES NOT EXPECT SAME THIS YEAR - CONF CALL
[11:29] {Threei} oil comes to its sense after spike on inventory report
[11:30] {Threei} that was one of the wierdest reports I've ever sen on oil inventories I must say
[11:30] {Threei} look at USO drop
[11:31] {Threei} right back where it started
[11:31] {magoo} what is USO exactly? a stock?
[11:32] {Threei} oil fund ETF
[11:32] {magoo} long fund?
[11:32] {Threei} yes
[11:32] {magoo} ty
[11:35] {Threei} http://seekingalpha.com/page/etf-finder
[11:35] {Threei} bookmark this to find any ETF humankind ever came up with
[11:36] {magoo} why? i got u he he
[11:37] {dino} oyog cov .91 +.39
[11:37] {GeoArb} same with news eh magoo?
[11:37] {GeoArb} :)
[11:38] {GeoArb} i have been thinking of dropping news and scanner and become a barnacle to threei
[11:38] {Threei} as long as he doesn't ask for vodka recommendations...
[11:38] {GeoArb} hmm about that WHICH one?
[11:40] {Threei} ARBA new high
[11:40] {Threei} trailing to .35
[11:41] {magoo} u using hard stop
[11:41] {Threei} no
[11:42] {magoo} i think i will set it as a test
[11:43] {Roman} 21 FORD waking up, no volume yet
[11:46] {Threei} NQ approaches that 2020 again
[11:49] {dino} sm l cost .15
[11:49] {Threei} break
[11:49] {Threei} go ARBA
[11:50] {dino} stopped too soon
[11:52] {dino} rinsed
[11:56] {Threei} out 1/4 more ARBA
[11:56] {Threei} .78
[11:56] {Threei} +.52
[11:56] {Threei} stop to .45 for the last portion
[11:56] {Roman} 21 long JRJC small
[11:57] {Roman} 21 25.15 area
[11:59] {dino} joyg drop
[12:01] {magoo} vad, i highlighted my stopped stop order, but it willnot delete when i hit delete butto
[12:03] {Threei} hit red square first
[12:03] {magoo} did..its stopped
[12:03] {dino} moscow?
[12:03] {magoo} lol
[12:03] {Threei} then 6th button from the left
[12:03] {Threei} Delete all stopped and finished orders
[12:04] {Chaeron} dino... I was thinking the same thing...
[12:04] {Threei} lol
[12:04] {Threei} sheesh, I am slow today
[12:04] {dino} sm l joyg .00
[12:04] {Threei} first who asks "today?" gets slapped silly
[12:04] {magoo} ok worjked ty
[12:04] {Chaeron} what really scared me is what kind of firepower magoo must have....
[12:05] {magoo} today}?
[12:06] {Threei} except magoo
[12:06] {magoo} dammit..i knew it
[12:07] {dino} great minds think alike, huh chaeron
[12:09] {Chaeron} :)
[12:09] {Threei} this explains why my cat always agrees with me on everything
[12:11] {dino} joyg stopn to .41
[12:13] {dino} stopped .41, +.41
[12:13] {dino} .
[12:15] {Threei} trailing ARBA to .55
[12:15] {dino} ..
[12:20] {dino} joyg sm l .70
[12:25] {Threei} ok ARBA
[12:25] {magoo} arba new high
[12:25] {Threei} jump over .90 and I am soo out
[12:27] {magoo} where u waiting and be honest so i can be penny under
[12:30] {GeoArb} can i share something
[12:30] {dino} joyg stop to b/e
[12:30] {GeoArb} sooooo when i stopped out on FCEL
[12:30] {dino} daughter wants to go to lunch
[12:30] {GeoArb} i closed ARBA out for a loss too
[12:31] {GeoArb} and have been wiistfully watching you guys :(
[12:31] {GeoArb} fat fingers
[12:32] {magoo} let winner win and ditch loser
[12:33] {GeoArb} i closed arba at 14.21 by mistake
[12:33] {GeoArb} i am going to rememner that
[12:34] {magoo} good mistake ikf u learn something
[12:35] {dino} to .99 joyg back in 30
[12:39] {Threei} some oil market observers question the reliability of todays inventory data
[12:39] {Threei} no kidding
[12:45] {Threei} anyone went for KLAC when it pulled back into 46?
[12:49] {Threei} ok, everyone's in coma
[12:51] {Threei} trailing ARBA to .65
[12:54] {Threei} BA
[12:54] {Threei} ANNOUNCES 30 NEW ORDERS FOR 737S FROM UNIDENTIFIED CUSTOMERS
[12:54] {Threei} aren't airlines in ruins?
[12:55] {Threei} sorry, forgot you are all in coma...
[12:55] {Threei} osbo, tangrick... talk to me guys, these sleeping beauties make me drowsy too
[12:55] {Threei} but I can't blame them, I annoyed them over the course of years
[12:56] {_osbo} mmmmmmmmmmm
[12:56] {GeoArb} i am busy whittling down my fat fingers
[12:56] {_tangrick} still here
[12:56] {Threei} they come here to sleep, and I bother them with all the stock picks
[12:56] {Threei} or trading lectures
[12:56] {Threei} but if I mention beer, or vodka, or bbqued ribs... just watch life coming back
[12:57] {GeoArb} cant you just put the trading money in our accounts? :)
[12:57] {_tangrick} watching and learning
[12:57] {Threei} don't hesitate to ask questions if got any
[12:57] {Threei} no Geo, sorry
[12:57] {magoo} beer????
[12:57] {GeoArb} seriously vad...... you need to open an IB friends and family account
[12:57] {GeoArb} vodka?
[12:57] {magoo} bbq??
[12:57] {Threei} I am firm believer in learning how to fish vs handing fish out
[12:57] {Threei} there... see?
[12:58] {_osbo} this is my first time in this kind of room, im just trying to figure out your trading approach
[12:58] {GeoArb} its not trading that counts.... its what you can eat/drink from trading
[12:58] {Threei} first idea is at Freelessons on our homepage
[12:58] {GeoArb} get the tape reading bok
[12:58] {GeoArb} solid
[12:58] {_osbo} thanks
[12:59] {Threei} IMO, MPP and TTR will put you on right course no matter what trading style and timeframe you pick
[12:59] {_tangrick} i have...that's how I got to know this site
[12:59] {Threei} oh, and blog too
[12:59] {Chaeron} sorry I've been on phone guys... didn't post... ARBA in .52, out .78 for +0.26
[12:59] {GeoArb} (lets not talk ARBA)
[13:00] {Chaeron} oh, sorry Geo... we'll make up for it on next one, you'll see
[13:00] {GeoArb} :)
[13:00] {Threei} after that, if you stay with day trading/scalping, video course will polish it all off
[13:00] {Threei} if move into swing trading area, some deeper TA maybe needed
[13:01] {Threei} not too much though
[13:01] {Threei} TA is a wierd animal... good helper if you stay with general understanding of tape reading principles, and can turn into foe if start relying on it as sole guidance
[13:02] {_tangrick} can one tape reading without level II?
[13:02] {Threei} tape reading is not time frame specific
[13:02] {Threei} its principles can be app,lied to any time frame, from intraday to monthly
[13:02] {Threei} and Level 2 is intraday tool
[13:03] {Threei} it's useless for anything but daytrading, and its role is limited to risk evaluation and some fine-tuning of your entries and exits
[13:03] {Threei} by no means it's a directional tool
[13:03] {Threei} try to use it for direction, you are doomed to trade for one-two ticks
[13:03] {Threei} which is great way to make your broker rich
[13:04] {Threei} I don't mind helping out broker... but only if I make money {G}
[13:04] {Threei} let me dig out blog post on tape reading
[13:05] {Threei} dealing with one of major misunderstandings about this approach
[13:07] {Threei} http://www.realitytrader.com/blog/2007/11/whats-in-name-or-what-is-tape-reading.html
[13:07] {_tangrick} thanks
[13:07] {Threei} sure
[13:07] {Threei} humor is crude... but that's my hallmark
[13:11] {_tangrick} I have read your book but still learning to apply. BTW i find your examples with stock prices showing fraction difficult to read. Is it normal to states price in fraction than decimal?
[13:11] {Threei} TTR was written during fraction times
[13:11] {_tangrick} ic
[13:11] {Threei} nothing really changed in principle
[13:11] {GeoArb} no new edition vad?
[13:11] {GeoArb} :)
[13:12] {Threei} it's just different presentation
[13:12] {Threei} all classic books you read will be in fractions
[13:13] {Threei} 1/4 = 25 cents... 1/8 = 12.5 cents...
[13:13] {Threei} blissful times
[13:14] {Threei} hit offer for 1K shares, offer it 3/8 higher, get hit in a few seconds, you made a living
[13:14] {Threei} do it twice, you made a better living
[13:15] {Threei} ARBA is stalling
[13:15] {Threei} second attempt to break, no go
[13:15] {Threei} tightening to .69
[13:15] {Threei} stop is now right under the closest support
[13:16] {Threei} if reverses for the day, profit is protected to its fullest
[13:16] {Threei} while still giving it a chance to go if it has any gas left
[13:18] {Threei} this social experiemnt becomes rather fascinationg... let's try it again:
[13:18] {Threei} vodka
[13:19] {GeoArb} which brand vad?
[13:19] {Threei} works
[13:19] {Chaeron} RAW
[13:19] {Threei} thank you
[13:19] {magoo} vodka???
[13:19] {magoo} iCE?
[13:19] {Chaeron} no... never.. out of freezer
[13:19] {Threei} right
[13:19] {GeoArb} stoli
[13:20] {Chaeron} if you have inferior brand, place peppercorns (4 - 5) in bottle and leave in freezer
[13:20] {GeoArb} very nice chaeron
[13:20] {dino} rexi
[13:21] {GeoArb} chaeron i need to visit you !!!!
[13:21] {Roman} 21 out JRJC 1.45
[13:22] {GeoArb} learning stocks and vodka........beautifull room
[13:22] {dino} \jrjc
[13:22] {dino} nice rfr
[13:23] {Threei} JRJC
[13:23] {Threei} REPORTS Q1 $0.18 V $0.13E, R$11.05M V $10.4ME
[13:23] * Threei sends http://www.realitytrader.com/vad/Shishkebab11.jpg to magoo to go with his shot of Stoli
[13:24] {GeoArb} hey !!! stoli was mine
[13:24] {Threei} I'll stay away from your parties though... do you really want this guest among your refined crowd: http://realitytrader.com/vad/CrazyRussian.bmp
[13:25] {Threei} done with ARBA
[13:26] {GeoArb} sniff ARBAAAAAAAAA
[13:26] {Chaeron} short it? :)
[13:26] {Threei} no idea
[13:26] {dino} rexi s .71
[13:26] {GeoArb} wassap with JRJC
[13:26] {Threei} [13:23] {Threei} JRJC
[13:26] {Threei} [13:23] {Threei} REPORTS Q1 $0.18 V $0.13E, R$11.05M V $10.4ME
[13:26] {GeoArb} oops :(
[13:27] {Threei} that's OK geo
[13:27] {Threei} I am very used to being ignored
[13:27] {Threei} and in fact quite comfortable with it
[13:32] {dino} you say something?
[13:32] {Threei} naah
[13:34] {Threei} JRJC feels topped out... this last bounce is on drying up volume
[13:34] {Threei} .60 closest resistance
[13:34] {Threei} jumpy
[13:34] {Threei} if you try to short it, do small shares
[13:35] {dptl} not in short list
[13:36] {Threei} do big shares then
[13:36] {Threei} safety is garanteed
[13:58] {Threei} yawn
[14:01] {Chaeron} .
[14:03] {dino} gmet sm s .87
[14:05] {Threei} what's TASR's problem
[14:05] {Threei} making 52 week lows slwoly
[14:06] {GeoArb} lots nes about safety
[14:06] {GeoArb} news
[14:06] {Threei} I would short it on 7 break if it wasn't so narrow
[14:06] {Threei} still holding half of PEIX short
[14:06] {Threei} look who dropped by
[14:06] * Threei slaps laserdave1 around a bit with a large trout
[14:07] * Chaeron slaps laserdave1 around a bit with a large trout
[14:07] * magoo slaps laserdave1 around a bit with a large trout
[14:08] {laserdave1} why thanks
[14:10] {GeoArb} dave.. sent you an email
[14:15] {dino} rexi stopped -.40
[14:20] {dino} gmet stopped .03
[14:23] {laserdave1} got it thanks geo
[14:23] {laserdave1} dcc if u need to talk to me
[14:23] {magoo} get this dave
[14:24] * magoo slaps laserdave1 around a bit with a large trout
[14:24] {laserdave1} got it
[14:24] {laserdave1} thanks
[14:24] {GeoArb} heh
[14:36] {Chaeron} we flat other than PEIX short?
[14:36] {Threei} I am
[14:36] {magoo} i got nada
[14:36] {magoo} waiting for vad to get off treadmill and backj to work
[14:39] {Threei} REMINDER: FED CHAIRMAN BERNANKE IS SCHEDULED TO SPEAK AT A WORKSHOP ON "RISK TRANSFER MECHANISMS AND FINANCIAL STABILITY" AT 2:30PMET- Bernanke's remarks will be given via video conference and are expected to be identical to a May 13 speech at a similar event. There will be no Q&A.
[14:41] {Threei} scanner slowed down to a crawl
[14:41] {Chaeron} shoot... I had a question for him... *sigh*
[14:42] {Threei} oh, I havfe a lot
[14:44] {Threei} starting with "how about abolishing your esteemed organisation altogether"
[14:44] {Chaeron} "Yeah right" he'd answer... "How would I make my mortgage payments?"
[14:45] {Threei} ummm
[14:46] {Threei} all McDonalds are closed in his neighborhood?
[14:46] {Threei} him flipping burgers would be at least some useful contribution
[14:55] {magoo} its time......................................
[14:55] {Threei} for?
[14:58] {Threei} RIMM .19 short if stays under .35
[15:01] {dino} fwlt l .00 sm
[15:06] {Chaeron} and RIMM disqualifies itself......
[15:12] {Threei} SATC interesting
[15:12] {Threei} tends to pul back closer to eod
[15:13] {Threei} will be interested in long around .60
[15:21] {Threei} MLN
[15:21] {Threei} HEARING DEALREPORTER REPORTS APPROACHED AS TAKEOVER CANDIDATE- DealReporter speculates LLY as potential acquire
[15:21] {Threei} AMLN
[15:25] {dino} amln
[15:26] {dino} s .65
[15:29] {Threei} beautiful
[15:29] {dino} cov .10, +.55
[15:32] {Threei} dp, look dcc please
[15:53] {dino} ok calling it a day thanks all
[15:53] {magoo} me too, ty
[15:53] {Threei} thank you all
[15:53] {dptl} have a good evening all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {peterg} bye
[08:25] {Threei} OPEC RESEARCH CHIEF QABAZARD SEES OIL STOCKS BUILDING TO AN AVERAGE OF 500K BPD IN 2008
- Says OPEC spare capacity is 3M bpd.
[08:25] {Threei} - Note: On the capacity issue, the Qatari Oil minister stated back on May 22 that OPEC was producing at its full capacity.
[08:30] {Threei} Q1 PRELIMINARY GDP PRICE INDEX: 2.6% V 2.6%E
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 372K V 370KE; CONTINUING CLAIMS: 3.104M V 3.080ME
[08:31] {Threei} CORE PCE Q/Q: 2.1% V 2.2%E
[08:31] {Threei} Q1 PRELIMINARY GDP ANNUALIZED: 0.9% V 0.9%E; PERSONAL CONSUMPTION: 1.0% V 1.0%E
[08:32] {Threei} COLOMBIA SIGNS AGREEMENT TO PURCHASE 65,000 XO LAPTOPS
[08:50] {cosmo} ESLR
[08:50] {Threei} ESLR was downgraded earlier
[08:50] {cosmo} hmm
[08:51] {Threei} 05/29/08 04:08am
[08:51] {Threei} [ESLR] Evergreen Solar Inc Merrill Lynch Cuts ESLR to Sell from Neutral
[08:51] {Threei} - Cites potential German subsidy cuts
[08:53] {magoo} sedarmoc kninrom (:
[08:53] {Threei} wow
[08:53] {Threei} where is my decoder ring
[08:54] {dptl} good morning all
[08:54] {Threei} dp :)
[08:57] {Threei} keeping an eye on VVUS for possible continuation
[09:02] {fernp} good morning
[09:02] {Threei} fern :)
[09:04] {Threei} 08:28am [TLM] Ivanhoe Energy to acquire oil sands assets from Talisman Energy for C$105M
[09:05] {magoo} whats with KOSN vad?
[09:05] {Threei} buyout
[09:05] {Threei} by BMY
[09:09] {cosmo} EXPD @ 24 pre mkt high
[09:09] {cosmo} EXPE
[09:09] {cosmo} sorry
[09:17] {_osbo} HI
[09:17] {Threei} hi osbo, welcome
[09:18] {magoo} morn osbo
[09:18] {hawkfan4} morning all
[09:19] {Threei} hawk :)
[09:25] {GeoArb} gm
[09:25] {Threei} Geo :)
[09:28] {dino} gm all
[09:28] {Threei} dino :)
[09:29] {Threei} BWEN is wind energy?
[09:31] {hawkfan4} yes
[09:31] {Threei} nasty Level 2
[09:37] {pita} morning TY
[09:37] {Threei} hi pita
[09:37] {Threei} guys, save that reserve server somewhere
[09:38] {magoo} why?
[09:39] {Threei} ummm... because you'll need it every time chat host has dns problems?
[09:39] {GeoArb} i used reserve
[09:39] {GeoArb} anyne knows how to add it in mirc script as backup?
[09:40] {Threei} File-Options-Connect-Add
[09:40] {GeoArb} ty
[09:42] {dino} sm l cedc .00
[09:43] {Threei} FCEL
[09:43] {Threei} .95 long
[09:44] {Threei} .84 stop
[09:44] {magoo} in
[09:44] {Threei} 10 is decisive resistance for it
[09:44] {Threei} .95 is somewhat aggressive entry
[09:45] {magoo} wheres the exit if works? 10.15 area?
[09:45] {Threei} I will try to partial
[09:46] {Threei} there is no clear resistance to exit into, 10 break has nothing up to about 11
[09:46] {magoo} look at V
[09:46] {Threei} so, go with real time tape
[09:48] {Threei} where is ese... if FCEL takes 10 and jumps, he owes us a bottle of champaign
[09:49] {Threei} {FCEL} 10? what 10?
[09:49] {magoo} COCO pop
[09:50] {Threei} ese... FCEL :)
[09:51] {esemde} morning vad...
[09:51] {magoo} news AAPL?
[09:52] {Threei} no
[09:52] {magoo} shit..was looking at .27
[09:53] {esemde} FCEL...lookin good.....maybe should have had full lot
[09:54] {magoo} AAPL bounmce area vad?
[09:54] {Threei} TELK 2.11 long
[09:55] {Threei} it's 40 cents from low
[09:55] {magoo} was low when asked
[09:56] {Threei} when it jumps like this, how is it possible to alert in time
[09:57] {Threei} ARBA
[09:58] {Threei} .25 long
[09:58] {Threei} if stays above .10
[10:00] {magoo} SINO feels like 17
[10:00] {dino} sm l joyg .50
[10:03] {dino} out cedc .47 +.47
[10:05] {GeoArb} V not letting up
[10:05] {Threei} come on FCEL... it can't be 10 cents was all you were capable of
[10:06] {dino} jef s .52 stop .70
[10:06] {magoo} look at MA geo
[10:06] {dino} out joyg .90, +.40
[10:06] {esemde} my thinking exactly....i'll be out todat sometime
[10:07] {Threei} PREIVEW: DOE AND API PETROLEUM INVENTORY DATA DUE OUT AT 10:30AMET
**consensus expectations:
[10:07] {Threei} - Crude: -300Ke
[10:07] {Threei} - Gasoline: -200Ke
[10:07] {Threei} - Distillates: +1Me
[10:12] {dptl} stopped fcel
[10:12] {Threei} yeah
[10:15] {Threei} ARBA holding well during market selling
[10:16] {esemde} yep....it's made anice move from the 10 area
[10:18] {Threei} SINA
[10:18] {Threei} half lot long 52 break
[10:18] {Threei} if stays above 51.80
[10:18] {dino} jef stopped -.19
[10:18] {magoo} in
[10:18] {magoo} 52
[10:20] {Threei} ARBA looks good for more than scalp, just hopefully oil numbers do not kill market
[10:20] {Threei} SINA over 1:2
[10:21] {Threei} out .50
[10:21] {magoo} out here .54 TY VAD
[10:21] {Threei} welcome
[10:21] {magoo} nice spot
[10:22] {Threei} classic chart...
[10:22] {Threei} kind of C&H on 1 min
[10:22] {magoo} easy button
[10:25] {dino} ulbi s sm .63 stop .01
[10:25] {Threei} ARBA nears 1:1
[10:25] {magoo} AAPL going fgreen
[10:25] {Threei} make up your mind guys
[10:25] {magoo} not in
[10:25] {Chaeron} good morning all... looks like I missed a golden one... SINA... nice job guys
[10:25] {Threei} chaeron :)
[10:25] {magoo} charbroil baby
[10:25] {Threei} I am holding, but manage your trade according to your objectives and risk tolerance
[10:26] {esemde} CCCCCCCCCHHHHHHHHH!!!!!!
[10:26] {Threei} my current take is,
[10:26] {magoo} huh?whats that mean?
[10:26] {Chaeron} hi magoo, ese :)
[10:26] {Threei} in this choppy environemtn we get unusually high stop ratio
[10:26] {magoo} aapl opopped .50 cents
[10:26] {Threei} so I keep stops tight while trying to milk winners to their full extent
[10:26] {Threei} you saw it yesterday with CSIQ for instance
[10:27] {magoo} we trade csiq yesterday?
[10:27] {Threei} lol
[10:27] {Chaeron} yep :) for .40+
[10:27] {Threei} wow... SINA decided to make us look cheapskates
[10:27] {Threei} you for 40, chaeron... I held for .85 exit :)
[10:28] {Chaeron} oh yeah........ :)
[10:28] {Threei} not berating your exit, just illustrating an approach I just discussed
[10:29] {Threei} market gets jittery closer to oil numbers
[10:29] {Threei} what a nonsense it is to monitor them every week and react on them as some major indicator
[10:30] {Threei} DOE CRUDE: -8.9M V -300KE;
[10:30] {Threei} yikes
[10:30] {magoo} u know my biggest change in perspective over years?
[10:30] {Threei} GASOLINE: -3.26M V -200KE; DISTILLATES: +1.64M V +1ME; UTILIZATION: 87.9 % V 88.4%E
[10:30] {GeoArb} tell tell magoo
[10:31] {magoo} out dinos JOYG + buck TY dino
[10:31] {magoo} got .57
[10:31] {GeoArb} ?
[10:31] {dino} np
[10:31] {dino} gj
[10:31] {magoo} ok, its the nonsense day to day which moves mkt
[10:32] {GeoArb} you mean reports?
[10:32] {magoo} a bit of info moves today..forgotten tommorrow
[10:32] {fernp} look at USO
[10:32] {Threei} sure
[10:32] {dino} geo i'm reporting you
[10:32] {GeoArb} to the unprofitable comission?
[10:33] {esemde} what the heck is the NDX doing?
[10:33] {dino} no, i believe the commision side is always profitable
[10:33] {GeoArb} hehehe
[10:33] {Threei} dropping ese... as oil is jumping
[10:34] {magoo} any one still in ARBA?
[10:34] {magoo} id like to be in jessica arba lol
[10:34] {Threei} with all the decrease in driving reported lately, how could inventory numbers go that disastrous?
[10:35] {dino} how about alba
[10:35] {magoo} OH ROFLOL
[10:35] {magoo} yeah ..her
[10:36] {magoo} dino rockin office with the kid {kid rock}
[10:37] {Roman} 21 PEIX
[10:37] {Roman} 21 boucing
[10:37] {dino} kiiiiiidddddddddddddddrock!
[10:38] {Threei} DOE SAYS IT ACCIDENTALLY BRIEFLY POSTED THE INVENTORY DATA ABOUT 15 MINUTES BEFORE 10:30AMET
[10:38] {Roman} 21 long PEIX
[10:39] {Roman} 21 stop 3.49
[10:39] {Threei} EIA: DROP IN CRUDE DELIVERIES DUE TO TEMPORARY DELAYS IN THE GULF
[10:40] {magoo} how could est be off so badly?
[10:41] {Threei} read above
[10:42] {dino} yeah, accidentally, sure, and i have some swamp land
[10:42] {Threei} I mean this
[10:42] {Threei} [10:39] {Threei} EIA: DROP IN CRUDE DELIVERIES DUE TO TEMPORARY DELAYS IN THE GULF
[10:42] {dino} oih hod
[10:43] {dino} what are you trying to say 3i??????????????????????????/
[10:43] {dino} just messing w/ya
[10:44] {Threei} what magoo is rubbing off of you? :)
[10:44] {Threei} I hoped you would be a good influence on him
[10:44] {Threei} but it seems rather other way around
[10:45] {dino} late night
[10:46] {Threei} SOLF chart is breaky... not sure how much we can trust it
[10:46] {Chaeron} dino - cell phone in freezer and bottle of vodka on bedstand?
[10:46] {Threei} see if you like it
[10:46] {Threei} stop under 21
[10:47] {dino} lol, no but golf and brews
[10:47] {Threei} don't chase beyond .15 - .20 area
[10:47] {Roman} 21 watching TSRA
[10:47] {Threei} I personally will skip it
[10:47] {Roman} 21 feels higher
[10:47] {dino} i must be getting old
[10:48] {Threei} arba stop to under .20 for me
[10:50] {pita} day job calling - c u later
[10:50] {Threei} take care pita
[10:50] {judijim} gm all, Judi off to her office Jim will be watching today.
[10:50] {Threei} hi jj
[10:50] {Threei} missed couple good ones :(
[10:52] {magoo} bye pita
[10:52] {magoo} morn jim
[10:52] {Threei} KLAC interesting
[10:53] {Threei} it jiggles around a lot, try to grab it closer to 46
[10:53] {Threei} with stop under 45.90
[10:54] {Threei} see these teleportations by 10-15 cents?
[10:54] {Threei} this is the chance for right entry on the likes of KLAC
[10:55] {Threei} NQ breaks 2020, ARBA should start second leg on its way to 15
[10:59] {Threei} NQ retreated in lower BB
[10:59] {Threei} ARBA stays put
[10:59] {dino} ulbi stopped .35. +.28
[10:59] {Threei} good salmon scenario, want to see now NQ bounce with ARBA making new high
[11:00] {Threei} MRO CEO: ETHANOL PROCUDERS CAN MEET 2008 MANDATE, GETTING ETHANOL TO BLENDERS WILL BE DIFFICULT
- Says a pull back in oil would help refiners and consumers
[11:00] {Threei} - Notes that gasoline makers struggling, diesel profitable
[11:01] {Threei} textbook so far
[11:01] {Threei} see this relation between salmon stopck and market?
[11:02] {Threei} memorize it, this is ideal scenario
[11:02] {Threei} good to have it in your arsenal
[11:02] {Threei} half out ARBA
[11:02] {Chaeron} KLAC near 46
[11:03] {Chaeron} oops... it was
[11:03] {GeoArb} salmon as in against current?
[11:03] {Threei} NQ lost support on 1 min
[11:03] {Threei} right geo
[11:04] {Threei} strictly speaking, ARBA is not exact salmon
[11:04] {Threei} it's rather a market follower with nice relative strength
[11:04] {Threei} but its behavior on market pullbacks was very typical for a salmon
[11:08] {Threei} jeez FEED
[11:08] {Threei} it bought two hog farms
[11:08] {Threei} look at it go
[11:09] {Threei} ACQUIRES TWO ADDITIONAL PRODUCING COMMERCIAL HOG FARMS IN CHINA'S FUJIAN PROVINCE; EXPECTS ACQUISITIONS TO BE IMMEDIATELY ACCRETIVE TO 2008 EARNINGS
- AgFeed's management is already in place operating the newly acquired hog farms.
[11:09] {Threei} - With the addition of these newly acquired hog farms, AgFeed now owns controlling interest (on average more than 90%) in 24 producing commercial hog farms in several provinces in China, including two breeder hog farms, with an aggregate annual hog production capacity of approximately 550,000 hogs.
[11:10] {dino} making bacon
[11:10] {Chaeron} Chinese Fed releasing BBQ Pork Ribs numbers tomorrow
[11:10] {Chaeron} (teasing)
[11:11] {dino} mmmmmmm
[11:11] {dino} magoo's releasing gas
[11:12] {dino} sm s oyog .29 thin, risky
[11:23] {magoo} price of sweet-n-sour pork to rise predicted
[11:24] {dino} you guys are making me hungry
[11:24] {esemde} Outta here til tomorow....see ya'll
[11:25] {Threei} take care ese
[11:25] {dino} cost drop
[11:25] {dino} lateres
[11:25] {Threei} COST news just now
[11:25] {Threei} CFO: HAD 'PRETTY STRONG' GROSS MARGINS IN Q4 LAST YEAR, BUT DOES NOT EXPECT SAME THIS YEAR - CONF CALL
[11:29] {Threei} oil comes to its sense after spike on inventory report
[11:30] {Threei} that was one of the wierdest reports I've ever sen on oil inventories I must say
[11:30] {Threei} look at USO drop
[11:31] {Threei} right back where it started
[11:31] {magoo} what is USO exactly? a stock?
[11:32] {Threei} oil fund ETF
[11:32] {magoo} long fund?
[11:32] {Threei} yes
[11:32] {magoo} ty
[11:35] {Threei} http://seekingalpha.com/page/etf-finder
[11:35] {Threei} bookmark this to find any ETF humankind ever came up with
[11:36] {magoo} why? i got u he he
[11:37] {dino} oyog cov .91 +.39
[11:37] {GeoArb} same with news eh magoo?
[11:37] {GeoArb} :)
[11:38] {GeoArb} i have been thinking of dropping news and scanner and become a barnacle to threei
[11:38] {Threei} as long as he doesn't ask for vodka recommendations...
[11:38] {GeoArb} hmm about that WHICH one?
[11:40] {Threei} ARBA new high
[11:40] {Threei} trailing to .35
[11:41] {magoo} u using hard stop
[11:41] {Threei} no
[11:42] {magoo} i think i will set it as a test
[11:43] {Roman} 21 FORD waking up, no volume yet
[11:46] {Threei} NQ approaches that 2020 again
[11:49] {dino} sm l cost .15
[11:49] {Threei} break
[11:49] {Threei} go ARBA
[11:50] {dino} stopped too soon
[11:52] {dino} rinsed
[11:56] {Threei} out 1/4 more ARBA
[11:56] {Threei} .78
[11:56] {Threei} +.52
[11:56] {Threei} stop to .45 for the last portion
[11:56] {Roman} 21 long JRJC small
[11:57] {Roman} 21 25.15 area
[11:59] {dino} joyg drop
[12:01] {magoo} vad, i highlighted my stopped stop order, but it willnot delete when i hit delete butto
[12:03] {Threei} hit red square first
[12:03] {magoo} did..its stopped
[12:03] {dino} moscow?
[12:03] {magoo} lol
[12:03] {Threei} then 6th button from the left
[12:03] {Threei} Delete all stopped and finished orders
[12:04] {Chaeron} dino... I was thinking the same thing...
[12:04] {Threei} lol
[12:04] {Threei} sheesh, I am slow today
[12:04] {dino} sm l joyg .00
[12:04] {Threei} first who asks "today?" gets slapped silly
[12:04] {magoo} ok worjked ty
[12:04] {Chaeron} what really scared me is what kind of firepower magoo must have....
[12:05] {magoo} today}?
[12:06] {Threei} except magoo
[12:06] {magoo} dammit..i knew it
[12:07] {dino} great minds think alike, huh chaeron
[12:09] {Chaeron} :)
[12:09] {Threei} this explains why my cat always agrees with me on everything
[12:11] {dino} joyg stopn to .41
[12:13] {dino} stopped .41, +.41
[12:13] {dino} .
[12:15] {Threei} trailing ARBA to .55
[12:15] {dino} ..
[12:20] {dino} joyg sm l .70
[12:25] {Threei} ok ARBA
[12:25] {magoo} arba new high
[12:25] {Threei} jump over .90 and I am soo out
[12:27] {magoo} where u waiting and be honest so i can be penny under
[12:30] {GeoArb} can i share something
[12:30] {dino} joyg stop to b/e
[12:30] {GeoArb} sooooo when i stopped out on FCEL
[12:30] {dino} daughter wants to go to lunch
[12:30] {GeoArb} i closed ARBA out for a loss too
[12:31] {GeoArb} and have been wiistfully watching you guys :(
[12:31] {GeoArb} fat fingers
[12:32] {magoo} let winner win and ditch loser
[12:33] {GeoArb} i closed arba at 14.21 by mistake
[12:33] {GeoArb} i am going to rememner that
[12:34] {magoo} good mistake ikf u learn something
[12:35] {dino} to .99 joyg back in 30
[12:39] {Threei} some oil market observers question the reliability of todays inventory data
[12:39] {Threei} no kidding
[12:45] {Threei} anyone went for KLAC when it pulled back into 46?
[12:49] {Threei} ok, everyone's in coma
[12:51] {Threei} trailing ARBA to .65
[12:54] {Threei} BA
[12:54] {Threei} ANNOUNCES 30 NEW ORDERS FOR 737S FROM UNIDENTIFIED CUSTOMERS
[12:54] {Threei} aren't airlines in ruins?
[12:55] {Threei} sorry, forgot you are all in coma...
[12:55] {Threei} osbo, tangrick... talk to me guys, these sleeping beauties make me drowsy too
[12:55] {Threei} but I can't blame them, I annoyed them over the course of years
[12:56] {_osbo} mmmmmmmmmmm
[12:56] {GeoArb} i am busy whittling down my fat fingers
[12:56] {_tangrick} still here
[12:56] {Threei} they come here to sleep, and I bother them with all the stock picks
[12:56] {Threei} or trading lectures
[12:56] {Threei} but if I mention beer, or vodka, or bbqued ribs... just watch life coming back
[12:57] {GeoArb} cant you just put the trading money in our accounts? :)
[12:57] {_tangrick} watching and learning
[12:57] {Threei} don't hesitate to ask questions if got any
[12:57] {Threei} no Geo, sorry
[12:57] {magoo} beer????
[12:57] {GeoArb} seriously vad...... you need to open an IB friends and family account
[12:57] {GeoArb} vodka?
[12:57] {magoo} bbq??
[12:57] {Threei} I am firm believer in learning how to fish vs handing fish out
[12:57] {Threei} there... see?
[12:58] {_osbo} this is my first time in this kind of room, im just trying to figure out your trading approach
[12:58] {GeoArb} its not trading that counts.... its what you can eat/drink from trading
[12:58] {Threei} first idea is at Freelessons on our homepage
[12:58] {GeoArb} get the tape reading bok
[12:58] {GeoArb} solid
[12:58] {_osbo} thanks
[12:59] {Threei} IMO, MPP and TTR will put you on right course no matter what trading style and timeframe you pick
[12:59] {_tangrick} i have...that's how I got to know this site
[12:59] {Threei} oh, and blog too
[12:59] {Chaeron} sorry I've been on phone guys... didn't post... ARBA in .52, out .78 for +0.26
[12:59] {GeoArb} (lets not talk ARBA)
[13:00] {Chaeron} oh, sorry Geo... we'll make up for it on next one, you'll see
[13:00] {GeoArb} :)
[13:00] {Threei} after that, if you stay with day trading/scalping, video course will polish it all off
[13:00] {Threei} if move into swing trading area, some deeper TA maybe needed
[13:01] {Threei} not too much though
[13:01] {Threei} TA is a wierd animal... good helper if you stay with general understanding of tape reading principles, and can turn into foe if start relying on it as sole guidance
[13:02] {_tangrick} can one tape reading without level II?
[13:02] {Threei} tape reading is not time frame specific
[13:02] {Threei} its principles can be app,lied to any time frame, from intraday to monthly
[13:02] {Threei} and Level 2 is intraday tool
[13:03] {Threei} it's useless for anything but daytrading, and its role is limited to risk evaluation and some fine-tuning of your entries and exits
[13:03] {Threei} by no means it's a directional tool
[13:03] {Threei} try to use it for direction, you are doomed to trade for one-two ticks
[13:03] {Threei} which is great way to make your broker rich
[13:04] {Threei} I don't mind helping out broker... but only if I make money {G}
[13:04] {Threei} let me dig out blog post on tape reading
[13:05] {Threei} dealing with one of major misunderstandings about this approach
[13:07] {Threei} http://www.realitytrader.com/blog/2007/11/whats-in-name-or-what-is-tape-reading.html
[13:07] {_tangrick} thanks
[13:07] {Threei} sure
[13:07] {Threei} humor is crude... but that's my hallmark
[13:11] {_tangrick} I have read your book but still learning to apply. BTW i find your examples with stock prices showing fraction difficult to read. Is it normal to states price in fraction than decimal?
[13:11] {Threei} TTR was written during fraction times
[13:11] {_tangrick} ic
[13:11] {Threei} nothing really changed in principle
[13:11] {GeoArb} no new edition vad?
[13:11] {GeoArb} :)
[13:12] {Threei} it's just different presentation
[13:12] {Threei} all classic books you read will be in fractions
[13:13] {Threei} 1/4 = 25 cents... 1/8 = 12.5 cents...
[13:13] {Threei} blissful times
[13:14] {Threei} hit offer for 1K shares, offer it 3/8 higher, get hit in a few seconds, you made a living
[13:14] {Threei} do it twice, you made a better living
[13:15] {Threei} ARBA is stalling
[13:15] {Threei} second attempt to break, no go
[13:15] {Threei} tightening to .69
[13:15] {Threei} stop is now right under the closest support
[13:16] {Threei} if reverses for the day, profit is protected to its fullest
[13:16] {Threei} while still giving it a chance to go if it has any gas left
[13:18] {Threei} this social experiemnt becomes rather fascinationg... let's try it again:
[13:18] {Threei} vodka
[13:19] {GeoArb} which brand vad?
[13:19] {Threei} works
[13:19] {Chaeron} RAW
[13:19] {Threei} thank you
[13:19] {magoo} vodka???
[13:19] {magoo} iCE?
[13:19] {Chaeron} no... never.. out of freezer
[13:19] {Threei} right
[13:19] {GeoArb} stoli
[13:20] {Chaeron} if you have inferior brand, place peppercorns (4 - 5) in bottle and leave in freezer
[13:20] {GeoArb} very nice chaeron
[13:20] {dino} rexi
[13:21] {GeoArb} chaeron i need to visit you !!!!
[13:21] {Roman} 21 out JRJC 1.45
[13:22] {GeoArb} learning stocks and vodka........beautifull room
[13:22] {dino} \jrjc
[13:22] {dino} nice rfr
[13:23] {Threei} JRJC
[13:23] {Threei} REPORTS Q1 $0.18 V $0.13E, R$11.05M V $10.4ME
[13:23] * Threei sends http://www.realitytrader.com/vad/Shishkebab11.jpg to magoo to go with his shot of Stoli
[13:24] {GeoArb} hey !!! stoli was mine
[13:24] {Threei} I'll stay away from your parties though... do you really want this guest among your refined crowd: http://realitytrader.com/vad/CrazyRussian.bmp
[13:25] {Threei} done with ARBA
[13:26] {GeoArb} sniff ARBAAAAAAAAA
[13:26] {Chaeron} short it? :)
[13:26] {Threei} no idea
[13:26] {dino} rexi s .71
[13:26] {GeoArb} wassap with JRJC
[13:26] {Threei} [13:23] {Threei} JRJC
[13:26] {Threei} [13:23] {Threei} REPORTS Q1 $0.18 V $0.13E, R$11.05M V $10.4ME
[13:26] {GeoArb} oops :(
[13:27] {Threei} that's OK geo
[13:27] {Threei} I am very used to being ignored
[13:27] {Threei} and in fact quite comfortable with it
[13:32] {dino} you say something?
[13:32] {Threei} naah
[13:34] {Threei} JRJC feels topped out... this last bounce is on drying up volume
[13:34] {Threei} .60 closest resistance
[13:34] {Threei} jumpy
[13:34] {Threei} if you try to short it, do small shares
[13:35] {dptl} not in short list
[13:36] {Threei} do big shares then
[13:36] {Threei} safety is garanteed
[13:58] {Threei} yawn
[14:01] {Chaeron} .
[14:03] {dino} gmet sm s .87
[14:05] {Threei} what's TASR's problem
[14:05] {Threei} making 52 week lows slwoly
[14:06] {GeoArb} lots nes about safety
[14:06] {GeoArb} news
[14:06] {Threei} I would short it on 7 break if it wasn't so narrow
[14:06] {Threei} still holding half of PEIX short
[14:06] {Threei} look who dropped by
[14:06] * Threei slaps laserdave1 around a bit with a large trout
[14:07] * Chaeron slaps laserdave1 around a bit with a large trout
[14:07] * magoo slaps laserdave1 around a bit with a large trout
[14:08] {laserdave1} why thanks
[14:10] {GeoArb} dave.. sent you an email
[14:15] {dino} rexi stopped -.40
[14:20] {dino} gmet stopped .03
[14:23] {laserdave1} got it thanks geo
[14:23] {laserdave1} dcc if u need to talk to me
[14:23] {magoo} get this dave
[14:24] * magoo slaps laserdave1 around a bit with a large trout
[14:24] {laserdave1} got it
[14:24] {laserdave1} thanks
[14:24] {GeoArb} heh
[14:36] {Chaeron} we flat other than PEIX short?
[14:36] {Threei} I am
[14:36] {magoo} i got nada
[14:36] {magoo} waiting for vad to get off treadmill and backj to work
[14:39] {Threei} REMINDER: FED CHAIRMAN BERNANKE IS SCHEDULED TO SPEAK AT A WORKSHOP ON "RISK TRANSFER MECHANISMS AND FINANCIAL STABILITY" AT 2:30PMET- Bernanke's remarks will be given via video conference and are expected to be identical to a May 13 speech at a similar event. There will be no Q&A.
[14:41] {Threei} scanner slowed down to a crawl
[14:41] {Chaeron} shoot... I had a question for him... *sigh*
[14:42] {Threei} oh, I havfe a lot
[14:44] {Threei} starting with "how about abolishing your esteemed organisation altogether"
[14:44] {Chaeron} "Yeah right" he'd answer... "How would I make my mortgage payments?"
[14:45] {Threei} ummm
[14:46] {Threei} all McDonalds are closed in his neighborhood?
[14:46] {Threei} him flipping burgers would be at least some useful contribution
[14:55] {magoo} its time......................................
[14:55] {Threei} for?
[14:58] {Threei} RIMM .19 short if stays under .35
[15:01] {dino} fwlt l .00 sm
[15:06] {Chaeron} and RIMM disqualifies itself......
[15:12] {Threei} SATC interesting
[15:12] {Threei} tends to pul back closer to eod
[15:13] {Threei} will be interested in long around .60
[15:21] {Threei} MLN
[15:21] {Threei} HEARING DEALREPORTER REPORTS APPROACHED AS TAKEOVER CANDIDATE- DealReporter speculates LLY as potential acquire
[15:21] {Threei} AMLN
[15:25] {dino} amln
[15:26] {dino} s .65
[15:29] {Threei} beautiful
[15:29] {dino} cov .10, +.55
[15:32] {Threei} dp, look dcc please
[15:53] {dino} ok calling it a day thanks all
[15:53] {magoo} me too, ty
[15:53] {Threei} thank you all
[15:53] {dptl} have a good evening all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {peterg} bye
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