Wednesday, August 20, 2008

Aug 20 2008

Session Time: Wed Aug 20 00:00:00 2008

[08:19] {Threei} 07:23am [LEH] Price Target lowered to $28 from $45 at Bernstein; Maintains market perform rating
[08:19] {Threei} [LEH] Lehman Brothers Holdings Inc Reportedly Goldman cuts earnings estimates for brokerage firms (timing uncertain)
[08:19] {Threei} - Goldman cuts JPM Q3 EPS estimate to $0.40 from $0.64 (consensus estimate is $0.51e)
[08:19] {Threei} - Goldman cuts LEH 2008 EPS estimate to -$9.65 from -$2.10 (consensus estimate is -$3.17e)
[08:19] {Threei} - Goldman cuts MS Q3 EPS estimate to $0.85 from $1.10 (consensus estimate is $0.88e)
[08:20] {Threei} these GS cuts from yesterday after hours
[08:21] {hawkfan4} good morning
[08:21] {Threei} good morning :)
[08:21] {Threei} may I make little confession?
[08:21] {hawkfan4} yes
[08:22] {Threei} couldn't resist and took LEH short on the close,
[08:22] {Threei} then saw afterhours drop and covered 12.60
[08:22] {Threei} glad I did both, lol
[08:23] {hawkfan4} :) nice. i took it too, but only covered a part after hours at .65. was hoping for a big morning drop
[08:23] {Threei} haha... I knew it
[08:24] {Threei} not sure why it's floating still this morning, the wight on its ankles is enormous
[08:24] {Threei} weight
[08:24] {Threei} but financials behaved against all logic way too opften over last months
[08:25] {Threei} and I am trained to see "against the logic" behavior as an opportunity to go against the crowd that follows obvious
[08:25] {Threei} so I am torn here
[08:25] {hawkfan4} yeah , i was just thinking about that too. hard to imagine it wants to rally, but hmmm
[08:25] {Threei} can't see LEH, FNM etc as long
[08:26] {Threei} and can't stay short against all my conditioning
[08:29] {brian3579} gm
[08:30] {Threei} brian :)
[08:30] {Threei} SATC
[08:30] {Threei} TO POWER NORTH AMERICA'S LARGEST SINGLE ROOFTOP SOLAR ARRAY
[08:31] {Threei} when zI went to Costco to replenish the content of the fridge after vacation, saw interesting thing
[08:32] {Threei} big solar panel
[08:32] {Threei} $299
[08:32] {Threei} tried to remember its parameters to look up what it can do
[08:33] {Threei} but managed to remember them just long enough to forget before I got to the pen and paper
[08:33] {cosmo} 15W prolly..
[08:33] {hawkfan4} interesting, i have to hut costco soon, i'll look for it.
[08:33] {Threei} expected for a while these things to start appearing on a consumer level and becoming more and more useful and cost-effective
[08:34] {Threei} please let me know hawk, I don't expect myself to be there for couple of weeks
[08:34] {Threei} signage on the box said,
[08:34] {hawkfan4} i will
[08:34] {Threei} can provide backup power in case of outage
[08:35] {Threei} charge a lot of portable devices
[08:35] {Threei} in both 12 or 110 V
[08:35] {Threei} umm... in either
[08:35] {Threei} :)
[08:36] {Threei} it has a metal stand for the panels
[08:41] {magoo} jhdfgdngf
[08:42] {Threei} I hate to disagree
[08:42] {Threei} but I am prfetty sure it's jhdfgdingknflit
[08:43] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11298029&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=7&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:43] {Threei} this is it cosmo, I think
[08:44] {cosmo} or its close..
[08:44] {Threei} I had an impression there were three panels, not four
[08:44] {Threei} but can be mistaklen
[08:44] {Threei} afrter all, I was there after food, empty fridge etc, hard to focus
[08:44] {Threei} 60W
[08:44] {Threei} fairly decent, no?
[08:45] {cosmo} small appliances, it says
[08:47] {cosmo} if you pay a little more....
[08:48] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11248624&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=9&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:48] {Raven}
3 Have friend who spent $13K out of pocket (grants and tax rebates funded rest of $40K total cost)
[08:49] {Raven}
3 he pumps power back into grid all summer
[08:49] {Raven}
3 in Oregon
[08:49] {Raven}
3 figures it'll pay back in 10 years
[08:49] {Threei} do economics work overall for him?
[08:49] {Threei} oh
[08:49] {Raven}
3 loves to watch electric meter spin BACKWARD
[08:50] {Raven}
3 rofl
[08:50] {Threei} yeah, that must be fun
[08:50] {cosmo} it beats having a swimming pool...
[08:50] {Threei} although in old times USSR people did that with two wires hooked to meatl heating radiator
[08:50] {Raven}
3 and Oregon has less than sunny winter season
[08:50] {Threei} murmuring "the state is us"
[08:51] {Raven}
3 lol
[08:51] {Raven}
3 also Oregon is quite generous with grants and tax rebates
[08:52] {Raven}
3 each state is different I think
[08:57] {cosmo} some are more photosynthetic than others...
[08:57] {Raven}
3 you bet
[08:58] {magoo} vad, u got sec
[08:58] {cosmo} AZ should lead
[08:58] {Raven}
3 CA too
[08:58] {Raven}
3 southern CA
[08:58] {Raven}
3 San Diego
[08:58] {Onix} Good morning!
[08:59] {cosmo} Sempra not as friendly as PG&E
06[09:00] * magoo slaps Threei around a bit with a large trout
[09:00] {Raven}
3 Oh ... another variablr
[09:00] {Raven}
3 variable
[09:00] {cosmo} SDG&E and SCE need to wake up
[09:01] {Threei} mags?
[09:01] {magoo} i lost my scanner window stocks down pre mkt, cant remember how to recreate it
[09:03] {Threei} rta://NewAlertWindow/?O=4000000000000000000000000000000_1D_0&MaxFCP=-5&MinVol=200000&WN=Stocks+Down+Big+in+Pre+Market+Trading
[09:03] {Threei} right click - configure - standard strategies
[09:04] {Threei} or
[09:04] {Threei} right click - configure - recent settings
[09:04] {cosmo} CSUN
[09:04] {GeoArb} gm
[09:04] {Threei} Geo :)
[09:05] {magoo} i see prop standard rececent
[09:05] {magoo} oh wait
[09:06] {pita} gm all
[09:07] {Threei} pita :)
[09:07] {magoo} thanx boss
[09:07] {Threei} always
[09:08] {Threei} ummm... sometimes
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:10] {fernp} Good morning all
[09:10] {magoo} so easy and i totally forgot how to create new window..sigh
[09:11] {Threei} fern :)
[09:12] {tomg} good morning
[09:13] {Threei} tom :)
[09:15] {esemde} good M...
[09:15] {Threei} ese :)
[09:18] {Threei} I don't have much for the open
[09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:19] {Threei} also we have oil inventories today
[09:20] {Threei} so at some point UAUA should get active
[09:25] {Threei} Warren Buffet and Bill Gates are in Alberta overviewing oilsands industry
[09:26] {cosmo} once they clean that sand, they can make solar panels
[09:26] {dptl} good morning all
[09:26] {Threei} dp :)
[09:27] {peterg} gmng
[09:27] {Threei} peter :)
[09:28] {Threei} solars were strong yesterday and are gapping up this morning
[09:28] {Threei} not sure if that's a sector in play...
[09:28] {Threei} they have this feel of stalled bread
[09:28] {Threei} or flat beer
[09:28] {hawkfan4} 09:26 SOL ReneSola initiated with a Buy at Merrill- tgt $30 (17.49 ) -Update
[09:29] {GeoArb} tan
[09:29] {Threei} should be scalpable I guess
[09:29] {Threei} thin trader
[09:29] {GeoArb} yeah :9
[09:29] {GeoArb} just for trend
[09:31] {cosmo} SOLF holding 17 ...so far
[09:32] {Threei} SOL .15 long if holding above 18
[09:34] {Threei} semi-aggresive entry, if .10 gets taken
[09:36] {Threei} offer half at .27 - .30
[09:36] {Threei} feels more than a scalp to me
[09:37] {Threei} out half at .29
[09:37] {magoo} wait .45
[09:38] {fernp} out here. thanks Vad
[09:38] {Threei} offer 1/4 more at .45
[09:38] {Threei} welcome
[09:39] {Threei} 1/4 more out
[09:39] {peterg} I see--SOL is not SOLF
[09:39] {GeoArb} :)
[09:39] {magoo} out ty boss .45
[09:39] {Threei} now, your choice:
[09:39] {Threei} offer last portion around .60
[09:39] {Threei} or just try to ride it
[09:40] {tomg} thanks vad
[09:40] {Threei} tom :)
[09:40] {Onix} Out SOL for +.48, thanks Vad!
[09:40] {Threei} welcome sir
[09:40] {Onix} sorry .. out at .48 = 34c
[09:41] {Threei} what's 12 cents between friends
[09:41] {Threei} umm... 14
[09:41] {Threei} lol
[09:41] {Onix} exciting!
[09:42] {Threei} another day in the office...
[09:42] {Threei} look at LEH morning spikes both ways
[09:42] {Threei} [09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:42] {Threei} that was some morning rush to wait out eh?
[09:42] {GeoArb} cnq?
[09:43] {Threei} no read here Geo, sorry
[09:43] {Threei} mags, you are all out or holding any?
[09:44] {magoo} all out
[09:44] {Threei} k
[09:45] {Threei} NCOC interesting daily
[09:45] {Threei} but Roman has better feel for this one
[09:46] {tomg} EXP vad?
[09:46] {Threei} volatile like hell...
[09:46] {Threei} strong momo but very hard to control risk
[09:47] {Threei} MER
[09:47] {Roman}
21 TXCO interesting but very thin
[09:47] {Threei} .25 short if stays below .30
[09:50] {Threei} US TREASURY REPORTEDLY IN COMMUNICATION WITH GSES AND REGULATORS, BUT A FRE MEETING IS YET TO BE CONFIRMED
[09:50] {Threei} {FNM FRE}
[09:51] {Threei} stopped MER
[09:52] {Threei} picked wrong financial for short, FNM was much better
[09:52] {Threei} told ya it's bottomless
[09:53] {Onix} stopped MER
[09:54] {magoo} me too
[09:57] {Threei} pains me to say... but LEH starts looking like long
[09:57] {Threei} if holding above 13
[09:57] {Threei} hard to pick entry, not much to indicate it
[09:57] {Threei} if you like, just grab it here
[09:57] {Threei} stop is tight enough
[09:58] {esemde} long NVDA 13.62
[09:59] {esemde} went long as it crossed the open print
[09:59] {magoo} mkt feels like rally
[09:59] {Threei} LEH went to 1:2 in a hurry from .10 entry
[10:00] {Threei} feels not done yet
[10:00] {Threei} don't chase if you haven't taken it close to 13
[10:00] {Threei} it's a day for safe entries with tight stops
[10:03] {magoo} leh bounce entry vad?
[10:03] {Threei} late
[10:03] {Threei} impossible to call in time
[10:03] {magoo} as i typed it was .90
[10:03] {Threei} either you are ready and grab it as it occurs or let it go
[10:04] {esemde} pick a solar...any solar....they almost all green on my solar screen....
[10:07] {Threei} for the record, I don't expect today to be very generous on trading opportunities
06[10:07] * magoo slaps Threei around a bit with a large trout
[10:07] {Threei} although oil inventories may provide something
[10:07] {Threei} but it's August after all
[10:07] {magoo} watcjh uso as a long
[10:07] {Threei} and:
[10:07] {magoo} not in
[10:07] {Threei} ·“Don't be seduced into thinking that that which does not make a profit is without value.” - Authur Miller
[10:08] {peterg} wow
[10:08] {esemde} long STP .51 1/2 lot
[10:08] {Threei} observing these moves is invaluable education
[10:08] {tomg} cnq on pullback?
[10:08] {magoo} u in leh?
[10:08] {Threei} me no
[10:09] {magoo} u like it?
[10:09] {Threei} CNQ, hmm
[10:09] {Threei} I would prefer deeper pullback on it
[10:09] {tomg} ty
[10:09] {magoo} k
[10:09] {Threei} around 82 or even lower
[10:09] {tomg} k
[10:10] {Threei} LEH 13.01 mags
[10:10] {Threei} with 12.89 stop
[10:10] {magoo} in vad
[10:11] {Threei} 1:2 like there is nothing to it
[10:11] {Onix} Had it like that for a while now: in @13.02 & stop 12.89
[10:11] {esemde} out STP .75 +.24
[10:11] {Threei} don't oversit them
[10:11] {Threei} 1:2 is good
[10:11] {Threei} beautiful one ese
[10:12] {esemde} exactly
[10:12] {esemde} tks
[10:12] {Threei} 1:3
[10:12] {magoo} out LEH .30 TY boss
[10:12] {Threei} welcome
[10:12] {Threei} 1:4
[10:13] {Threei} if you don't profit from it and let it go negative on you, don't ever talk to me again
[10:13] {Threei} I'll pretend I don't know you
[10:13] {Threei} Onix, you took it?
[10:13] {hawkfan4} that was nice, thx :)
[10:13] {Onix} got +.32 LEH thnx Vad
[10:13] {esemde} nice move stp
[10:13] {Threei} hawk :)
[10:14] {Threei} wtg guys
[10:14] {magoo} u da man, er, um lil dude vad:)
[10:15] {Threei} realize that you are profiting in an easy and safe way day after day in what is labeled by most as one of the most difficult markets in theirlifetime
[10:15] {Threei} NVDA goes for you ese
[10:15] {esemde} am liking it....
[10:17] {esemde} will be out 1/2 soon....let the rest ride
[10:17] {Threei} 20 min till oil numbers
[10:17] {Threei} PREVIEW: DOE AND API PETROLEUM INVENTORIES DUE AT 10:35AMET.
[10:17] {Threei} **consensus expectations:
[10:17] {Threei} Crude: +1Me
[10:17] {Threei} Gasoline: -2.8Me
[10:17] {Threei} Distillate: +750Ke
[10:17] {Threei} Utilization: 86.3%e
[10:17] {Threei} *crude inventories expected to rise as shipments that were delayed by Tropical Storm Eduoard began to arrive last week.
[10:17] {Threei} [09:57] {Threei} pains me to say... but LEH starts looking like long
[10:18] {Threei} pains me even more to say I was right, lol
[10:18] {esemde} NVDA out 1/2....+.25
[10:18] {magoo} you are like dr. smith.."the pain the p[ain"
[10:18] {GeoArb} wow
[10:19] {GeoArb} educated lot here
[10:19] {Threei} well, my philosophy is "no pain - good!"
[10:19] {GeoArb} damn
[10:19] {GeoArb} its a movie
[10:19] {GeoArb} series
[10:20] {Threei} FNM
[10:20] {Threei} CEO: COMPANY HAS MORE CAPITAL THAN IT HAS EVER HAD IN ITS HISTORY - RADIO INTERVIEW
[10:20] {Threei} I have just one question
[10:20] {Threei} whos cash is that?
[10:20] {GeoArb} ok that hut vad
[10:20] {fernp} out half BEXP +.20
[10:21] {GeoArb} it isnt the canadians that i can tell ya
[10:21] {Threei} also, if so,
[10:22] {Threei} why are we continuing to hear about this or that form of nationalizing them, rendering common wtock worthless etc
[10:22] {tomg} in cnq 82.08
[10:22] {tomg} out .48
[10:22] {Threei} nonetheless, nice spike FNM
[10:23] {peterg} cuz their ceo's are lying @@@'s?
[10:23] {Threei} wow tom
[10:23] {Threei} patience paid off eh? waited for 82
[10:23] {esemde} CNQ looks real good tom
[10:23] {tomg} ty on pb advice :)
[10:23] {Threei} always
[10:23] {Threei} I mean, sometimes
[10:23] {tomg} :)
[10:23] {GeoArb} sniff cnq
[10:24] {esemde} still movin STP
[10:24] {GeoArb} [09:42] {GeoArb} cnq?
[10:25] {esemde} didn't there use to be an oil product called STP....maystill is don't know
[10:25] {Threei} [09:43] {Threei} no read here Geo, sorry
[10:25] {GeoArb} :)
[10:25] {GeoArb} i guess tomg is a self starter heheheh
[10:26] {Threei} we exchanged on it later Geo
[10:26] {GeoArb} and off course i missed
[10:26] {Threei} after CNQ moved more and started pulling back
[10:26] {Threei} [10:08] {tomg} cnq on pullback?
[10:26] {Threei} [10:09] {Threei} CNQ, hmm
[10:26] {Threei} [10:09] {Threei} I would prefer deeper pullback on it
[10:26] {Threei} [10:09] {tomg} ty
[10:26] {Threei} [10:09] {magoo} k
[10:26] {GeoArb} yup see it now
[10:27] {GeoArb} sniff.... i need more coffee
[10:27] {Threei} [10:09] {Threei} around 82 or even lower
[10:27] {Threei} [10:09] {tomg} k
[10:27] {Threei} bottomed out at 81.87
[10:27] {GeoArb} hey vad you still using one min charts?
[10:28] {Threei} yes why?
[10:28] {GeoArb} just curious
[10:28] {GeoArb} i sometimes like 2 min better or 5
[10:28] {Threei} why not
[10:28] {Threei} there is no better or worse way
[10:28] {Threei} there is one that works for you
[10:28] {GeoArb} just trying ot
[10:28] {GeoArb} makes me hold longer
[10:29] {peterg} interesting
[10:29] {Threei} of course it does
[10:29] {GeoArb} problem is cant go full lot on that
[10:30] {Threei} it's not a problem... it's direct outcome of risk/reward equation
[10:30] {GeoArb} yeah that sounds better :)
[10:33] {tomg} cnq going for hod
[10:33] {GeoArb} oil out yet?
[10:33] {GeoArb} i am on my hands
[10:34] {Threei} 2 min
[10:34] {Threei} 1
[10:35] {GeoArb} mdt nice
[10:35] {Threei} DOE CRUDE: +9.4M V +1ME;
[10:35] {Threei} GASOLINE: -6.2M V -2.8ME; DISTILLATES: +480K V +750KE; UTILIZATION: 85.7% V 86.3%E
[10:35] {Threei} *API Inventory:
[10:35] {Threei} - Crude Inventories: +12.4M
[10:35] {Threei} - Gasoline: -1.9
[10:35] {Threei} - Distillate: +300K
[10:36] {GeoArb} yup cnq dropped
[10:36] {GeoArb} hahahahaha
[10:36] {tomg} yup, follows oil
[10:36] {GeoArb} canadian national res
[10:36] {magoo} uaua responded
[10:36] {GeoArb} i thought restaurant
[10:36] {GeoArb} i checked
[10:36] {GeoArb} oops
[10:37] {GeoArb} is national resource......i need to read up
[10:37] {tomg} :)
[10:37] {esemde} if the NDX breaks above 1921.99....skys the limit today
[10:38] {Threei} http://www.cnrl.com/
[10:38] {Threei} Canadian Natural Resources
[10:38] {GeoArb} yeah
[10:38] {GeoArb} mm just says canadian nat res
[10:39] {GeoArb} but i found a cool thing... if i double click the mm.... it opens the google finance for it
[10:39] {Threei} what's mm?
[10:39] {GeoArb} market meker LII box
[10:39] {Threei} ah
[10:40] {tomg} don't see mm box Geo
[10:40] {GeoArb} its funny.... at 10:31 UAUA was breaking lows at twice normal volume
[10:40] {GeoArb} cant just do scanner.....news matters
[10:41] {Threei} well, oil numbers propped a move
[10:41] {GeoArb} yup
[10:41] {Threei} and UAUA is oil-dependent mover
[10:41] {GeoArb} i was thinking if i wasnt in this room i would be short hehehehe
[10:41] {GeoArb} but then i wouldnt have a scanner !
[10:42] {Threei} rofl
[10:42] {GeoArb} lol
[10:42] {tomg} Geo, you talking about mm box on LII in Laser?
[10:42] {GeoArb} no my broker
[10:42] {Threei} well... being in the room saved you from 1 dollar move against you
[10:42] {tomg} ah, ok
[10:42] {GeoArb} yup
[10:45] {Threei} have a look at VPHM
[10:46] {hawkfan4} looking
[10:46] {Threei} serious relstive strength, makes new 52 weeks highs
[10:46] {Threei} just broke 14 resistance on daily
[10:47] {Threei} not sure I have a call on it at this moment
[10:47] {Threei} mentioning it for thiose of you who see it as a play
[10:49] {GeoArb} vad i am curious..
[10:49] {GeoArb} any reason you dont play gap fill/ gap and go setups?
[10:50] {Threei} I like them
[10:50] {Threei} I just don't actively scan for them
[10:50] {GeoArb} do you scan for them?
[10:50] {GeoArb} hhe
[10:50] {Onix} missed on VPHM
[10:50] {Threei} simply no room for more scans I guess :)
[10:50] {GeoArb} yeah
[10:50] {Threei} but if I stumble onto one of those while surfing, I do like them
[10:50] {Threei} if you scan for them, feel free to share
[10:51] {esemde} you have alot of screens Vad...what is your favorite
[10:51] {GeoArb} i am developing a scan bt would off course need your guidance on how to play em
[10:51] {GeoArb} i like gap and go better than gap fill
[10:51] {Threei} I don't have favorite really ese
[10:52] {esemde} if you had to choose...which one would it be
[10:52] {Threei} hmmm
[10:52] {esemde} putting you on the spot i know
[10:52] {Threei} it changes with market///
[10:52] {Threei} some work better in one type of market, some are in another
[10:53] {GeoArb} anyone take vphm?
[10:53] {Threei} so my answer today may be different from my answer tomorrow
[10:53] {fernp} me
[10:53] {GeoArb} makes sense
[10:53] {GeoArb} i missed but looks good
[10:53] {esemde} indeed.......
[10:53] {Threei} and you will say I am a flip flop worse than presidenatila candidates
[10:54] {tomg} TWB
[10:55] {tomg} ?
[10:55] {GeoArb} mdt vad?
[10:57] {fernp} out VPHM +.18 thanks Vad
[10:57] {Threei} MDT is a bit too narrow for this price range
[10:57] {Threei} fern :)
[10:57] {Threei} TWB, not sure
[10:57] {GeoArb} OK
[10:57] {Threei} this kind of setup I'd be happy to see an hour ago
[10:57] {Threei} now it can easilt to just stall
[10:58] {tomg} ty
[10:58] {esemde} GO NVDA BABYYYYYYYYY!!!!!!!!
[10:59] {magoo} [09:59] {magoo} mkt feels like rally
[10:59] {esemde} i'll second that
[11:00] {esemde} not only feels like....IS.....
[11:01] {tomg} ty for help, vad, have a nice day everyone
[11:02] {Threei} take care tom, good job
[11:02] {tomg} :)
[11:06] {GeoArb} off to work.... thanks
[11:06] {Threei} take care Geo
[11:07] {dptl} pdli?
[11:08] {Threei} not really lunch time setup,
[11:08] {Threei} may go slowly if market continues climbing
[11:09] {dptl} ah ..ty...got .46 to try..:)
[11:10] {tomg} just one more thing before i go....i want to apologize to laserdave in front of the whole group....i posted negative comments about him a while back.......when he was trying his best to help me
[11:10] {tomg} i was panicking and took it the wrong way
[11:10] {dptl} stop under .39 pdli
[11:11] {tomg} maybe you want to edit this out, vad, but i never will feel right until i get it said that i'm sincerely sorry
[11:11] {Threei} who is laserdave?
[11:11] {tomg} man :)
[11:11] {Threei} :)
[11:11] {Threei} I notice him when he is here and I am in the truot-slapping mood
[11:11] {Threei} (which I always am)
[11:12] {tomg} i apologized to him personally, of course
[11:12] {Threei} I think it's all long forgotten tom
[11:12] {Threei} little trout between friends, whatever
[11:12] {tomg} thanks, vad :)
[11:13] {magoo} trout????
06[11:13] * magoo slaps Threei around a bit with a large trout
[11:13] {Threei} ugh
[11:14] {Threei} I walked right into it... knew how dangerous it was to even mention fish in magoo's poresence
[11:14] {fernp} again out of VPHM +.12
[11:15] {Threei} lol
[11:15] {Threei} this is not nice fern
[11:15] {Threei} I di not mention it for you to bludgeon it
[11:16] {Threei} scalp it one thing... but you are dismembering it
[11:16] {fernp} lol
[11:16] {fernp} easy money
[11:16] {Threei} favorite kind
[11:16] {fernp} mine too
[11:24] {hawkfan4} kinda like UAUA over 13 with a stop .84, or short under .85, depends on oil's next move
[11:28] {magoo} vad, kinda looking for pullback short scalps here
[11:32] {Threei} pretty much USO dependent mags
[11:32] {Threei} if it continues down, market is likely to continue climbing
[11:39] {magoo} ok, just a thought
[11:47] {Threei} aimless wandering
[12:03] {Threei} SOLF is still climbing... can't bring myself to play it
[12:04] {hawkfan4} was just looking at solf, watching SOL again. It's basically SOLF without the F
[12:05] {magoo} brb
[12:10] {hawkfan4} trying USO .60, stop under .40
[12:32] {hawkfan4} SOL .40, stop under .24
[12:33] {fernp} out PDLI +.10
[12:34] {hawkfan4} gj
[12:40] {hawkfan4} USO stop to .64
06[12:44] * Threei slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
[12:44] {Chaeron} that last one was for magoo... he's away for a sec
[12:45] {dptl} team work eh:)
06[12:47] * magoo slaps laserdave1 around a bit with a large trout
[12:47] {magoo} thanx charbro
[12:47] {Chaeron} gotchr back bro
[12:55] {laserdave1} why thanks
[12:56] {GeoArb} hey dave dcc pls
[13:05] {GeoArb} .
[13:06] {Threei} very very fine point
[13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:20] {magoo} vad, my question on mt
[13:20] {magoo} mt=mkt
[13:20] {Threei} [13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:21] {magoo} u sdtalkin anything anywhere anytime anyhow?
[13:21] {Threei} yes
[13:21] {Threei} I made this mistaake of aiming laser pointer at the wall
[13:21] {Threei} not I am stalking the red dot
[13:21] {Chaeron} oh geesh
[13:22] {Threei} not = now
[13:32] {Threei} (RU) RUSSIA FOREIGN MINISTRY: US-POLAND MISSILE DEAL HAS ESTABLISHED AN ARMS RACE IN EUROPE
[13:32] {Threei} - Russian protests will include more than diplomatic statements in response to missile shield program
[13:32] {Threei} - US missile shield plan is part of a very dangerous group of military projects
[13:32] {Threei} welcome to new cold (and we can hope only cold) war
[13:34] {Threei} LDK is intriguing
[13:41] {GeoArb} well about that .....
[13:41] {GeoArb} we go here and keep prodding the bear
[13:41] {GeoArb} what do you think is gonna happen?
[13:41] {magoo} ldk is the crazy one right vad?
[13:53] {hawkfan4} .
[13:56] {Threei} sorry guys, had urgent errand
[13:56] {Threei} it is mags
[13:56] {Chaeron} you were gone?
06[13:57] * Threei slaps Chaeron around a bit with a large trout
06[13:57] * magoo slaps Chaeron around a bit with a large trout
[13:57] {Threei} well Geo... IMO, this is the bear that is not going to lay down and sleep quietly even if you don't prod it
[14:07] {esemde} have a great rest of the day all.....am heading in too work...got classes to prepare for
[14:07] {Threei} FNM... 4.73 becomes a shart trigger
[14:07] {Threei} take care ese :)
[14:07] {esemde} see ya vad
[14:08] {Threei} PIMCO'S GROSS: CURRENT STOCK PRICES FOR GSES INDICATE MARKET PRICING STOCKS AT ESSENTIALLY ZERO - CNBC COMMENTS
[14:08] {Threei} {FNM FRE}
[14:08] {Threei} hmm?
[14:08] {Threei} zero is zero
[14:08] {Threei} I see FNM at 4.80
[14:09] {Threei} if it's all the same to Cross, I am w'illing to short here under his agreement to sell it back to me at zero
[14:10] {hawkfan4} sounds fair
[14:10] {magoo} are u shorting it here?
[14:10] {Threei} yes
[14:10] {Threei} got .74
[14:10] {Threei} .85 stop
[14:12] {magoo} in .66
[14:12] {Threei} wow
[14:12] {Threei} why so much chasing?
[14:12] {magoo} thats where it was when i asked
[14:12] {Threei} [14:07] {Threei} FNM... 4.73 becomes a short trigger
[14:13] {magoo} oops
[14:16] {GeoArb} so i have been thinking vad
[14:16] {GeoArb} :)
[14:16] {Threei} hurt?
[14:16] {magoo} oy
[14:16] {GeoArb} how about a scrpt so that when you make a call it starts with ALERT!!
[14:16] {Threei} over 1:1 FNM
[14:17] {Threei} it means additional typing geo
[14:17] {magoo} ggggggggggtttrt
[14:17] {GeoArb} problem is it will say alert even when you make your jokes
[14:17] {GeoArb} no it will insert it automatically
[14:17] {GeoArb} a script
[14:17] {GeoArb} only for you
[14:17] {GeoArb} so sleeperrs like me and magoo dont miss
[14:17] {GeoArb} :0
[14:17] {Threei}
JBE Setup:
0,3 TEST 20
[14:17] {GeoArb} seeee
[14:17] {Threei}
Long Setup:
0,3 TEST 20
[14:18] {Threei}
Short Setup:
0,4 TEST 20
[14:18] {GeoArb} you have stuff hidden
[14:18] {Threei}
DBI Setup:
0,4 TEST 20
[14:18] {GeoArb} hmmmm
[14:18] {GeoArb} this is beautifull
[14:18] {magoo} symbiol??TEST not coming up
[14:18] {GeoArb} what do you think guys?
[14:19] {Threei} told ya FNM was bottomless
[14:19] {magoo} [14:18] {magoo} symbiol??TEST not coming up
[14:19] {patience} if you need it geo......
[14:19] {magoo} isTEST on bulletin board??
[14:19] {Threei} scalpers have almost 1:3 FNM
[14:20] {Chaeron} might be a pink sheet mags :)
[14:20] {magoo} magoos patented 2-230 smackdown here
[14:20] {GeoArb} it keeps him loud and separate from all the riffraff talk like mine
[14:20] {Threei} and you seriously think anything that makes me louder is a good thing?
[14:21] {GeoArb} only for calls vad
[14:21] {GeoArb} only for calls
[14:21] {GeoArb} hmmmm only for calls
[14:21] {magoo} hgow about fatter??
[14:21] {GeoArb} thats my secret shame so wont go there
[14:21] {GeoArb} california.... its the cheese
[14:22] {magoo} and happy cows
[14:22] {GeoArb} so vad.... how much moe do you have to type to pull those alert up?
[14:22] {Threei} not much actually
[14:22] {Threei} I just need to remember :)
[14:22] {GeoArb} would you consider it?
[14:22] {Threei} sure
[14:23] {Threei} woohoo FNM
[14:23] {GeoArb} that way y roving eyes have an anchor
[14:23] {magoo} and U criticize my entry
[14:23] {Threei}
3,0 Attention: FNM is a POS
[14:23] {GeoArb} lol
[14:23] {hawkfan4} lol!
[14:23] {Threei} it's coming back to me
[14:23] {GeoArb} from the go go 90s?
[14:24] {Threei} I guess
[14:24] {magoo} out .33
[14:25] {hawkfan4} there goes oil
[14:25] {magoo} feels like into 3's
[14:25] {Onix} POS?
[14:25] {GeoArb} piece of sugar
[14:26] {Threei} ummm
[14:26] {Threei}
3,0 Attention: GEO is sugarcoating thing
[14:26] {magoo} i thiought it was "per order shares"
[14:27] {GeoArb} ummm vad
[14:27] {Threei} hehe
[14:27] {GeoArb} lol
[14:28] {GeoArb} wo fnm
[14:28] {GeoArb} going to 0
[14:29] {GeoArb} 150 mill vol today
[14:31] {magoo} vad, u ignoring my best material here
[14:32] {Threei} as in?
[14:32] {GeoArb} 11:27] {magoo} i thiought it was "per order shares"
[14:33] {Threei} this is your best??
[14:33] {Threei} come on... I know better than that
[14:33] {Chaeron} there's a really thin book "Magoo's Best Material from RT Room"
[14:33] {magoo} :)
[14:34] {Threei} and best of the best is:
[14:34] {Threei} [08:41] {magoo} jhdfgdngf
[14:34] {GeoArb} ahh comeon
06[14:35] * GeoArb slaps Threei around a bit with a large trout
06[14:35] * magoo slaps GeoArb around a bit with a large trout
[14:35] {Threei} FED'S STERN: CANNOT LET FIRMS LIKE FNM OR FRE FAIL
[14:35] {Threei} careful
[14:35] {GeoArb} again?
[14:35] {GeoArb} why me magoo?
[14:36] {Threei} who knows what they say in the heat of jawboning
[14:37] {magoo} why not??
[14:39] {GeoArb} true
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
[14:39] {GeoArb} hmm dino isnt here
[14:40] {GeoArb} ok thats wierd....i selected laserdave
[14:40] {GeoArb} trout got stuck
[14:40] {Threei} in what???
[14:40] {GeoArb} i guess this needs practice
[14:40] {Threei} dave... fess up
[14:41] {GeoArb} in the beer bottle?
[14:41] {Threei} OK, I better shut up
[14:41] {Threei} 12 jokes in my head, and none of them is kosher
[14:41] {GeoArb} yup
[14:41] {GeoArb} i thought i had a nice save
[14:42] {Threei} - Stern adds these firms must be addressed in a calmer market, notes higher concern over FNM FRE despite Treasury support.
[14:42] {Threei} - Fed's actions in regards to the GSEs and Bear Sterns are adequate{FNM FRE}
[14:46] {Threei} - Notes that this is not the right time to shut down FNM & FRE
[15:08] {Threei} sooo tempted to short FNM again
[15:09] {magoo} as doc holiday{val kilmer version} would say"say when"
[15:10] {Threei} hoped for one more try at .50 and failure, but it dropped
[15:10] {Threei} waiting for now, don't want to chase
[15:16] {hawkfan4} out USO +2
[15:16] {patience} very nice
[15:16] {Threei} WTG
[15:17] {Threei} even though very unpatriotic
[15:17] {hawkfan4} :) thx. 10:1
[15:17] {Threei} lol
[15:17] {fernp} very good job
[15:17] {Threei} disgusting really
[15:17] {hawkfan4} lol
[15:17] {Threei}
3,0 Attention: : hawkfan doesn't leave any money in the market for anyone else
06[15:18] * magoo slaps hawkfan4 around a bit with a large trout
[15:18] {Threei}
Long Setup:
0,3 VPHM .41 if stays above .35 and market turns up
[15:24] {Threei} in .36, aggressively
[15:24] {Threei} ridiculously tight stop
[15:24] {Threei} .33 or so
[15:25] {Threei} just don't want to give anything back
[15:27] {Onix} in @ $14.38
[15:33] {Threei} trailing stop to .34
[15:33] {Threei} lol
[15:33] {magoo} am i chasimng here?
[15:34] {Threei} don't enter into downticking market
[15:34] {Threei} if NQ reverses, grab it
[15:34] {Threei} but don't count on much, this is just a little scalp
[15:35] {Threei} with stop tighter than 34 size jeans on 40-sezed waist after big dinner
[15:37] {Threei} OK NQ
[15:38] {Threei} break 1910, jump and pull VPHM with you
[15:38] {Threei} broke
[15:38] {Threei} .38 finally gave up
[15:39] {Threei} I have 1:2
[15:39] {Threei} lol
[15:39] {Threei} half out .45
[15:40] {Threei} cute little trade
[15:40] {Threei} no stress whatsoever
[15:43] {Threei} NQ goes 10 points up from the moment of our long... can you say well timed entry?
[15:43] {Threei} well... you could if you weren't asleep
[15:43] {magoo} oput hwere .49 TY
[15:44] {Threei} :)
[15:44] {patience} magoo aces it again :)
[15:44] {magoo} have u noticed an imprtovemebt in my spellinhk vad??
[15:44] {Threei} dephinetili
[15:45] {Threei} a hole lot of empruvement
[15:46] {dptl} lol....have a good evening all:)
[15:46] {Threei} take care dp :)
[15:47] {magoo} u 2 dop:)
[15:47] {dptl} dop...lol
[15:47] {magoo} oops roflol
[15:47] {Threei} zat's maguu's emproowement
[15:51] {Threei} you have 8 minutes to impress me, VPHM
[15:55] {Onix} Thanks for a beautiful trade in VPHM Vad ... out @ 14.54
[15:55] {Threei} wtg
[15:55] {Threei} nice and easy eh?
[15:55] {Threei} btw... I have a new headset and am ready to try Dragon next week probably
[15:55] {Onix} unbelievable!
[15:55] {Threei} so if you see something like mgjksoturnakfntoie, you know where it's coming from
[15:55] {Threei} out VPHM in full
[15:55] {Threei} .62
[15:56] {magoo} NICE
[15:56] {Threei} plus something nice
[15:56] {Onix} you're the champ!
[15:56] {magoo} easy button worthy
[15:56] {Threei} as long as no a chimp...
[15:56] {Threei} not a
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening
[15:56] {Onix} Thnx bye
[15:56] {peterg} bye all
[15:56] {Threei} see you all tomorrow
[15:57] {hawkfan4} thx vad
[15:58] {magoo} TY vad
[16:00] {fernp} see you. TY

Tuesday, August 19, 2008

Aug 19 2008

Session Time: Tue Aug 19 00:00:00 2008

[07:59] {Threei} U.S. financials: A large U.S. bank will soon collapse - Former IMF chief economist Kenneth Rogoff
[07:59] {Threei} - "The U.S. is not out of the woods. I think the financial crisis is at the halfway point, perhaps. I would even go further to say 'the worst is to come'," he told a financial conference.
[07:59] {Threei} - "We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper, we're going to see a big one, one of the big investment banks or big banks," said Rogoff.
[07:59] {Threei} - "We have to see more consolidation in the financial sector before this is over," he said.
[07:59] {Threei} - "Probably Fannie Mae and Freddie Mac - despite what U.S. Treasury Secretary Hank Paulson said - these giant mortgage guarantee agencies are not going to exist in their present form in a few years."
[07:59] {Threei} - "There was this view early on in the crisis that sovereign wealth funds could save everybody. Investment banks did something stupid, they lost money in the sub-prime, they're great buys, sovereign wealth funds come in and make a lot of money by buying them. That view neglects the point that the financial system has become very bloated in size and needed to shrink," he added.
[08:02] {hawkfan4} scary stuff
[08:02] {Threei} whole thing unfolding over last half year or so is scary
[08:02] {Threei} almost apocalyptic
[08:03] {Threei} this is potentially of "end of empire" caliber
[08:03] {Threei} and when I think of alternatives for the ruler of the world, I shudder
[08:04] {hawkfan4} yikes, me too
[08:05] {Threei} it's not really easy to imagine the end of USA empire any time soon, it's sheer size and might are still beyond the reach of anything and anyone,ill
[08:05] {Threei} size of US economy is larger than three next combined
[08:05] {Threei} but then again,
[08:06] {Threei} tell to someone in 80s that Soviet empire will be gone in 10 years
[08:06] {Threei} who would believe it?
[08:07] {Threei} OK, on a lighter note
[08:07] {Threei} here is the news item I just read
[08:07] {hawkfan4} :)
[08:08] {Threei} ·In fixed income the results from the DMO's meeting with the GEMMs showed that most GEMMs favored either a 2017 or 2022 I/L GILT to begin the quarter
[08:08] {Threei} huh?
[08:08] {Threei} lol
[08:08] {hawkfan4} lol, might as well be Russian for me
[08:08] {Threei} not a single abbreviation in that sentence that I could understand
[08:09] {Threei} watching FNM
[08:09] {Threei} not taking any position yet
[08:09] {Threei} it lost 6 but buying came in strongly
[08:09] {Threei} took it back
[08:10] {hawkfan4} in SOL small for a bounce, stop 27.20
[08:10] {hawkfan4} 17.10 i mean
[08:10] {Threei} I think this thing goes down with no bottom in sight
[08:10] {Threei} FNM that is
[08:10] {Threei} but gotta be careful, spikes can be vicious
[08:11] {hawkfan4} yep, stopped sol, speaking of bottomless
[08:11] {Threei} UAUA new highs
[08:12] {hawkfan4} flipped it overnight +.27
[08:15] {Threei} nice
[08:15] {Threei} so next major support for USO to loe is 90, right?
[08:15] {Threei} lose
[08:16] {hawkfan4} yep
[08:18] {Threei} wow
[08:18] {Threei} INCA bid on UAUA
[08:18] {Threei} if true
[08:19] {hawkfan4} a monster
[08:19] {Threei} let's see if it stays after couple sales
[08:20] {Threei} sheesh, chasing up
[08:21] {hawkfan4} in .46
[08:21] {Threei} haha
[08:21] {Threei} in .42
[08:21] {hawkfan4} :)
[08:21] {Threei} 500 at .40 and 500 and .44
[08:22] {Threei} offering .60
[08:23] {Threei} some "probing" sales, bid holds
[08:25] {Threei} absorbing sales... he IS real
[08:25] {Threei} out
[08:25] {Threei} will try to re-enter lower
[08:25] {hawkfan4} me too, out .50
[08:32] {Threei} FNM does a lot of dancing here
[08:32] {Threei} new bidder came to UAUA... ugh
[08:33] {Threei} bidding .56
[08:33] {Threei} got 200
[08:34] {Threei} 765
[08:35] {Threei} OK, enough for premarket play, canceled the rest
[08:35] {hawkfan4} you're much more patient than i am, grabbed those .60's when they were offered
[08:36] {Threei} there were a few prints at .56, so I thought maybe hidden offer
[08:36] {Threei} offering .70
[08:40] {Threei} USO selling
[08:43] {Threei} message to UAUA big bidders: stop bidding, take out those offers (mine included)
[08:44] {hawkfan4} no kidding, quit dilly dallying and take it up to 16! :)
[08:45] {Threei} yeah
[08:45] {Threei} ugh, USO upticking
[08:45] {hawkfan4} out, oild spiking
[08:46] {Threei} me too
[08:46] {pita} Greeting all - welcome back Vad! - a day late........
[08:46] {Threei} the play is not over I am sure
[08:46] {Threei} hi pita, thankl you
[08:50] {esemde} morning......Vad your back...me too...was up the island
[08:51] {Threei} hi ese
[08:51] {esemde} are you relaxed after your holiday
[08:51] {Threei} me is back, and we had quite nice day yesterday
[08:51] {Threei} very much so
[08:52] {Threei} couple pics done on the go: http://realitytrader.com/vad/A/
[08:53] {esemde} ok
[08:55] {GeoArb} gm all
[08:56] {esemde} whoa...the first one is surreal......looks like a painting
[08:56] {Threei} Geo :)
[08:56] {GeoArb} how was vacation vad?
[08:56] {Threei} no kidding, hard to believe it's not an extensive Photoshop work
[08:56] {Threei} fantastic geo
[08:56] {GeoArb} nice :)
[08:57] {Threei} the only downside is darn all-you-can-eat
[08:58] {cosmo} it can be expensive if you're not really humgry
[08:58] {cosmo} hungary
[08:58] {cosmo} hmm
[08:59] {cosmo} hungery?
[08:59] {Threei} ceratinly tough on one's waisteline
[09:02] {magoo} morn
[09:02] {Threei} magoo :)
[09:04] {Onix} Good morning
[09:04] {Threei} hi Onix, welcome back
[09:05] {Onix} Thanks
[09:05] {Threei} FRE
[09:05] {Threei} REPORTEDLY LAUNCHES $3B 5Y REFERENCE NOTES AT 113BPS/TREASURIES - UNCONFIRMED REPORT
[09:05] {Raven}
3 HUNGRY !
[09:05] {cosmo} ah ... i was concerned..
[09:06] {Raven}
3 you need to be concerned :)
[09:06] {cosmo} sigh...yeah
[09:06] {Threei} hungry is one thing you don't get on cruise ship
[09:07] {Raven}
3 hungry decreases with age too ...
[09:07] {cosmo} oh
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:09] {Threei} initial assumptions for the plays today: looking to short FNM at some point, looking for UAUA long if oil continues slide
[09:09] {cosmo} seniors should get a discount then
[09:10] {Threei} so far 6.20 is FNM's resistance
[09:10] {Raven}
3 they do at some groc stores around here
[09:10] {Raven}
3 but you have to remember to tell them that you are old
[09:11] {magoo} thats a heck of a uso spike
[09:11] {cosmo} its so hard to remember that
[09:11] {Raven}
3 I know
[09:11] {Raven}
3 so I usually strike out
[09:12] {cosmo} and pay in full...
[09:12] {Raven}
3 yup
[09:14] {cosmo} XFML tests 3 on pull back
[09:15] {Threei} [XFML] Xinhua Finance Media Ltd-ADR Reports Q2 $0.10 v $0.07e, R $48.9M v $49.3Me
[09:15] {Threei} - Guides Q3 $0.11-$0.12 v $0.09e, R $52M-$54M v $54.2Me
[09:15] {Threei} - Guides FY08 $0.33-$0.35 v $0.29e, R $198M-$208M v $199.2Me
[09:16] {fernp} Good morning all
[09:16] {Threei} fern :)
[09:19] {peterg} This is a test of the Dragon NaturallySpeaking good morning group. Now I can talk without typing
[09:19] {peterg} So I can fill the space endlessly with chatter
[09:19] {Threei} wow
[09:19] {patience} will it do your trades for you peter?
[09:19] {peterg} That's next
[09:19] {peterg} Them on to world domination
[09:20] {Threei} yeah, make sure it doesn't accidentally enters orders
[09:20] {peterg} I think I'll go back to typing is a little more relaxing
[09:20] {patience} tell it: buy patience 10,000 shares of google
[09:20] {peterg} done!
[09:21] {patience} very generous of you peter, ty :))))
[09:21] {pita} Dragon is great - I use it all the time - but not for tradong
[09:21] {peterg} there is now a version ten, mine is 9 but pretty good.
[09:21] {Threei} I resist progress.. but maybe I need to try it
[09:21] {pita} I have 9 too
[09:22] {pita} It doesn't mis-spell
[09:22] {Threei} haha
[09:22] {peterg} it is good for a lot of communication, but it can really screw up
[09:22] {Threei} don't underestimate me
[09:22] {pita} sometimes you get gibberish
[09:22] {Threei} with my prononciation it WILL misspell
[09:22] {peterg} it will force a word
[09:23] {peterg} on you.
[09:23] {GeoArb} yeah it doesnt do well with accents
[09:23] {pita} there is always Rosetta stone
[09:23] {Threei} is there trial for it?
[09:23] {pita} don't know
[09:30] {Onix} Am I still logged in?
[09:30] {Threei} yes sir
[09:30] {magoo} nope
[09:30] {peterg} maybe
[09:30] {pita} take a vote
[09:30] {Onix} tknx
[09:30] {Threei} FNM .18 short
[09:30] {Threei} if stays below .25
[09:31] {Threei} half out
[09:31] {Threei} 6.03
[09:32] {Threei} stop .21 for the second half
[09:33] {Threei} out for now
[09:36] {Threei} watching USO for loss of 91
[09:36] {Threei} if happens, UAUA should launch
[09:36] {Threei} if breaks .25, no play
[09:39] {Threei} UAUA went up in anticipation... USO still holding support
[09:39] {Threei} if you took it aggressively, take profit here
[09:40] {Threei} USO is really unclear in this range
[09:40] {Threei} if loses 91, UAUA is still a play on .50 break
[09:41] {Threei} on the other end of spectre, USO is long on .25 break
[09:41] {Threei} smaaaal shares
[09:42] {Threei} in aggresively
[09:42] {magoo} .36
[09:43] {Threei} .19 stop'
[09:43] {Threei} die USO
[09:46] {Threei} half out
[09:46] {Threei} just to be safe
[09:47] {Threei} NQ drops
[09:47] {Threei} but thing looks OK
[09:47] {Threei} sokind of insurance against sudden move
[09:49] {Threei} took some off the table?
[09:50] {Threei} offer second half .65 - .70
[09:50] {Threei} stop .29
[09:51] {hawkfan4} took 1/2 off at .54
[09:51] {Threei} USO new low
[09:54] {Threei} out .65
[09:54] {GeoArb} is uso shortable for you guys?
[09:54] {Threei} .70 hit too
[09:55] {Threei} no Geo
[09:55] {GeoArb} same here
[09:55] {Threei} OK, no excuse for not profiting on UAUA here
[09:55] {Threei} clean play, no matter whether you took it aggressively or on .50 break
[09:56] {GeoArb} good call vad
[09:57] {Threei} ty
[10:01] {Onix} Thanks Vad, I got 5c + 10c + 7c & -12c
[10:01] {Threei} lemme compute
[10:02] {GeoArb} 10?
[10:02] {Threei} +10 cents I think overall
[10:02] {GeoArb} depends on scaleouts
[10:02] {Threei} but I am ready to stand corrected
[10:02] {Onix} played it 4 x
[10:02] {GeoArb} i was in late
[10:03] {GeoArb} in 55 out 79
[10:03] {GeoArb} :)
[10:03] {GeoArb} 200 shares only trying to get into the groove
[10:03] {GeoArb} havent traded much in aug
[10:04] {Threei} lazy bones
[10:04] {GeoArb} whaaat? low vol august
[10:04] {GeoArb} mom/bro/in laws visiting
[10:04] {GeoArb} :)
[10:04] {GeoArb} i am just happy to be able to check email
[10:05] {Threei} sure... I just like to diss people
[10:05] {GeoArb} good to be pressing keys though
[10:08] {Threei} SOLR small shares long on pullback under .50
[10:09] {Threei} not going to take offer
[10:09] {Threei} under .50 or no play
[10:09] {Threei} .40 -.45 is entry idea
[10:09] {Threei} with stop under .30
[10:10] {esemde} I like that one Vad.....i'll wait with you
[10:11] {Threei} this one got away
[10:11] {Threei} of well
[10:12] {magoo} yup
[10:12] {Threei} FNM
[10:12] {Threei} .94 short if stays under 6.10
[10:16] {Threei} ugh SOLR
[10:17] {magoo} its our UAUA of yesterday
[10:17] {magoo} in fnm .97
[10:17] {magoo} sh
[10:17] {GeoArb} hmmm i cant short fnm
[10:21] {magoo} tarhet vad?
[10:21] {Onix} got +13c on FNM ss thnaks Vad, playing my 100 shares
[10:21] {Threei} partial at 1:1
[10:21] {Threei} Onix :)
[10:21] {magoo} half .85
[10:22] {Threei} see, my problem with it is,
[10:22] {magoo} going to 4?
[10:22] {Threei} I am confident it goes much lower
[10:22] {Threei} but it won't be any kind of straight line
[10:22] {Threei} and bounces will be very tough to handle
[10:23] {magoo} we need to try and sh the bopunce..i know ..tough but
[10:23] {Threei} so partial out is ideal way for it
[10:23] {Threei} control the risk and give it a chance
[10:25] {Threei} LEH
[10:25] {Threei} 13.99 short
[10:25] {Threei} half lot
[10:25] {Threei} stop .21 for now
[10:27] {Threei} see FNM?
[10:28] {GeoArb} ooooo
[10:28] {magoo} in sh leh ag
[10:28] {magoo} .07
[10:31] {Threei} watch USO/UAUA here
[10:31] {Threei} if USO forms double top, UAUA will be good play off 15
[10:36] {magoo} anyone sh LEH?
[10:37] {GeoArb} me
[10:37] {GeoArb} small though
[10:37] {hawkfan4} im in leh from .03
[10:41] {Threei} FED'S FISHER: 'UNSURPRISED' BY THE RECENT USD REVERSAL - Q&A
[10:41] {Threei} - Also says he doesn't see US productivity on slide
[10:42] {GeoArb} economist had a semi positive report on US real estate
[10:42] {Threei} probably trailing LEH to .15 makes sense here
[10:42] {GeoArb} over the weekend
[10:43] {Threei} if it doesn't break down soon, no need to endure bigger bounce
[10:44] {Threei} TASR
[10:44] {esemde} Long Waren Buffet....
[10:44] {Threei} TICKING HIGHER, HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[10:44] {Threei} - GE rumored as potential acquirer{
[10:44] {Onix} SS LEH few min earlier on 13.96
[10:44] {Threei} TASR
[10:44] {esemde} sorry thats NVDA
[10:45] {esemde} 13.40
[10:45] {Threei} .29 stop ese?
[10:46] {esemde} full lot.....yes....29 stop
[10:46] {Threei} die already LEH
[10:46] {esemde} don't mind going the full lot here...plenty of liquidity
[10:47] {Threei} yup
[10:48] {esemde} need some index to start going my way though
[10:49] {esemde} ndx and comp looked like it for a moment
[10:50] {esemde} would be nice if it comvered the gap from 13 to 18
[10:53] {Threei} covering half LEH here
[10:53] {Threei} scalpers know what to do
[10:54] {Onix} got my +13c on 100 sh thnx Vad
[10:54] {Threei} :)
[10:54] {Threei} FRE
[10:54] {Threei} PRICES NEW $3 BILLION FIVE-YEAR REFERENCE NOTES
[10:55] {magoo} out leh .75 ty vad
[10:55] {Threei} stop to 14.01
[10:55] {Threei} for the balance
[10:55] {Threei} welcome sir
[10:55] {GeoArb} vad you should take vacation more often
[10:55] {Threei} happily
[10:56] {Threei} but if it's going be all cruises, I won't squeeze through the office door
[10:56] {GeoArb} maybe
[10:56] {GeoArb} you caould trade from the cruise
[10:57] {Threei} uhhu
[10:57] {esemde} whadayathink.....Lehman Bros becomes a penny stock again.........anybody else want to predict that
[10:57] {Threei} that's exactly what is on my mind during cruise fun :)
[10:58] {esemde} anybody know the reasons for Buffet buying into Navidia
[10:59] {esemde} Nvidia....sorry
[11:00] {Threei} hope cruise bosses do not read that - but I am the guy who not only managed to get decently drunk during liquor tasting (with thise little timbles, no less, but also got both girls pouring samples fairly close to drunk
[11:00] {Threei} now, you see me trading from cruise ship?
[11:00] {GeoArb} lol
[11:00] {hawkfan4} :)
[11:01] {Threei} who knows ese... he does deep research
[11:01] {Threei} unlike us who do research in 3 milliseconds
[11:01] {Onix} sounds like you had a great time Vad! .. wtg!
[11:01] {Threei} sure did
[11:01] {Threei} Hubbard Glcier is something to see
[11:02] {Threei} all those huge chunks of ice dropping in the water with splash
[11:02] {Onix} real-time must certainly be much better than on TV
[11:03] {Threei} stunning
[11:03] {Threei} oh, and I also am the guy who came to second formal dinner in jeans, thought it was next day
[11:03] {Threei} saw all the people around in taxedos
[11:03] {Threei} asked waiter what the heck
[11:03] {Threei} shrugged and never went to change
[11:03] {GeoArb} i hate that
[11:04] {GeoArb} people scrimp around for deals
[11:04] {GeoArb} and eat in tuxedos
[11:04] {GeoArb} its a vacation.... i f i need to suit up i would go to a conference
[11:04] {Threei} I look in taxedo about as natural as hyppo under the saddle
[11:04] {GeoArb} lolol
[11:04] {Threei} or cow in tutu
[11:05] {Onix} lol
[11:05] {fernp} lol
[11:05] {magoo} taxedo
[11:05] {magoo} tux
[11:05] {Threei} if you take a look at my renewed photo at homepage though
[11:05] {GeoArb} i saw that
[11:06] {Threei} sometime I do manage to look more or less bearable in suit and tie
[11:06] {GeoArb} you dating again vad?
[11:06] {Threei} lol
[11:06] {Onix} you look distinguished
[11:06] {Threei} let me copy and save that
[11:07] {Threei} not often I hear anything of kind
[11:07] {GeoArb} hehe now i gotta go back and check
[11:07] {Threei} LEH, either makes double bottom here or breaks down,
[11:07] {Threei} levels are
[11:08] {Threei} for bouble bottom confirmation .88
[11:08] {Threei} for breakdown .70
[11:08] {Threei} so you have your structure for setup
[11:08] {Threei} long at .88 if holding above .72
[11:08] {Threei} or short at .72 break if staying under .90
[11:09] {Threei} both plays are half lot
[11:09] {Threei} for those who hold the balance from otiginal play, that's a new stop
[11:09] {Threei} .90
[11:09] {Threei} breakdown
[11:09] {Threei} good
[11:09] {Threei} bidding .60 for the balance
[11:10] {esemde} hmmmm thought i was gonna be stopped there
[11:11] {Onix} ss LEH @ 13.68
[11:11] {Threei} too vertical into support ese... usually bounces after that
[11:14] {esemde} tks
[11:18] {Threei} stop to .81 LEH
[11:20] {Threei} covered the balance LEH
[11:20] {Threei} +.38
[11:22] {hawkfan4} nice vad
[11:22] {magoo} good one boiss
[11:22] {Threei} ty
[11:22] {GeoArb} nice
[11:22] {GeoArb} broke down more but i am happy with the banked money
[11:23] {Threei} yeah
[11:23] {GeoArb} o got a way to predict that vaD?
[11:23] {GeoArb} you
[11:23] {GeoArb} :)
[11:23] {Threei} sure but I am not telling
[11:23] {GeoArb} hehe
[11:24] {Threei} that monkey that throws darts for me - you think I'd ever give azway that secret to successful tradingZ?
[11:24] {Onix} got +13c more on LEH thx Vad
[11:24] {Threei} welcome :)
[11:24] {GeoArb} okkkk he knew
[11:25] {esemde} stopped
[11:25] {Threei} FED'S FISHER: FED MAY NEED TO ACT ON RATES BEFORE THE ECONOMY TURNS
[11:26] {magoo} as in raise??
[11:26] {esemde} never liked his insurance company anyway...
[11:26] {Threei} I believe so mags
[11:27] {magoo} vad, thoughtd here on mkt direction?
[11:27] {Threei} none so far
[11:27] {magoo} focus :)
[11:28] {Threei} shapeless aimless listless wandering closely resembling drunk blind one-legged snail staggering through tghe molases
[11:28] {Threei} how's that for market reading?
[11:29] {magoo} just replace one word
[11:29] {magoo} snail =magoo
[11:29] {Threei} lol
[11:29] {Threei} Onix, covered just in time LEH, eh?
[11:30] {Onix} what a luck!~
[11:30] {Threei} luck favors you know who
[11:31] {Threei} (hint - dino)
[11:31] {GeoArb} lck favors dino?
[11:31] {Threei} that's what dino says
[11:31] {Threei} although I prefer to think og him as prepared mind
[11:32] {GeoArb} luck favors the prepared mind or something like that
[11:32] {Threei} :)
[11:32] {GeoArb} lois pasteur
[11:32] {magoo} who is this one calleed dino of which u speak?
[11:33] {GeoArb} you mean the vacationist?
[11:33] {Threei} one who tries to drink all your beer before you get to it
[11:33] {Threei} which leads to a healthy competition
[11:34] {magoo} i got news for u...he luckier at trtading than getting to the beer {hiccup}
[11:34] {Threei} winner is the one who manages to open fridge door right when the forehead of competitor is in the way of it
[11:34] {GeoArb} very deep
[11:34] {magoo} and grab last one
[11:35] {Threei} that's how Chaeron got my beer once, Geo... since then I don't see or hear very well, but developed six sense for the market direction
[11:36] {Chaeron} :)
[11:36] {GeoArb} hmmm
[11:36] {Chaeron} morning all
[11:36] {Threei} oh hi Chaeron :)
[11:36] {GeoArb} he had said i could drop by anytime
[11:36] {GeoArb} (careful now)
[11:36] {Threei} ah come on, it's worth it
[11:36] {GeoArb} market direction
[11:36] {GeoArb} worth it
[11:37] {Threei} that, and nice fireworks in front of your eyes when that door contacts the forhead
06[11:37] * magoo slaps Chaeron around a bit with a large trout
[11:38] {Threei} USO feels to drop from here
[11:40] {Threei} loss of .45 should trigger slide
[11:40] {Threei} over .60 invalidated
[11:40] {Threei} broke down
[11:41] {GeoArb} but we cant trade it :(
[11:41] {Threei} no, but we can trade UAUA off it
[11:41] {GeoArb} short that is
[11:41] {Threei} invalidated anyway
[11:41] {GeoArb} i did that :)
[11:41] {GeoArb} and am neg
[11:41] {GeoArb} wwas slow
[11:42] {Threei} where are you in?
[11:42] {GeoArb} sniff
[11:42] {GeoArb} 100 shares od 14.56
[11:42] {Threei} .39 stop
[11:42] {Threei} let it trade
[11:43] {Threei} it doesn't look too bad, won't drop so far even with USO upticks
[11:43] {GeoArb} stop in place
[11:43] {Threei} even if uncomfortable and want out, your loss here is negligible
[11:43] {GeoArb} did 100 as uaua was an expriment before you called it
[11:46] {Threei} too much strength USO
[11:46] {GeoArb} out
[11:46] {Threei} yup
[11:50] {magoo} im watching uso as a long trade
[11:53] {Threei} how very unpatriotic
[11:54] {GeoArb} he just wants wind and solar to grow
06[11:58] * magoo slaps laserdave1 around a bit with a large trout
06[11:58] * Threei slaps laserdave1 around a bit with a large trout
06[11:59] * Chaeron slaps laserdave1 around a bit with a large trout
[11:59] {Threei} good read on USO mags
[12:00] {magoo} aapl sh
[12:00] {magoo} .15
[12:00] {Threei} SEC'S COX: "NOBODY IS GETTING A PASS" FROM INVESTIGATION ON ARS, CURRENTLY HAS OVER 12 PENDING INVESTIGATIONS
[12:00] {Threei} - Secondary dealers of ARS are still under investigation
[12:00] {Threei} ars?
[12:02] {magoo} wait
[12:02] {magoo} OUT
[12:02] {magoo} .79
[12:02] {magoo} easy
[12:03] {magoo} buttox
[12:03] {Threei} good one
[12:03] {magoo} er button
[12:03] {magoo} sigh spelling/tyuyping
[12:03] {magoo} buttox
[12:03] {magoo} lol
[12:03] {hawkfan4} nice mags, still in from 92.15
[12:03] {Threei} wow oil
[12:03] {Threei} what the
[12:03] {magoo} carefu;l
[12:03] {magoo} bank it
[12:04] {hawkfan4} 1/2 out 94.14, other 1/2 93.75, full lot :)
[12:04] {Threei} wtg
[12:04] {hawkfan4} that was lucky
[12:06] {Threei} watching UAUA for bounce scalp
[12:07] {Threei} RUSSIAN FINANCE MIN: CONTINUING TO BUY FRE, FNM BONDS
[12:07] {Threei} - Notes Russia has made about $1B in GSE bond investments.
[12:08] {hawkfan4} in uaua
[12:09] {Threei} anticipatory entry...
[12:09] {pita} later all
[12:09] {Threei} take care pita
[12:09] {magoo} bye pita
[12:09] {hawkfan4} too soon, out
[12:09] {Threei} with this wierd USO behavior and no news, I'd prefer to see that big bar
[12:09] {Threei} with delay for UAUA giving window of opportunity
[12:11] {Threei} Onix, look dcc please
[12:11] {Onix} ok
[12:14] {Onix} trying but don't know how Vad?
[12:15] {Threei} just click on a window with my nick in red
[12:15] {Threei} and you'll see it
[12:15] {Threei} or doubleclick on my nick right here
[12:20] {hawkfan4} USO crazy
[12:23] {esemde} long Warren Buffet again.....13.16
[12:23] {esemde} NVDA
[12:44] {magoo} l uaua .84
[12:45] {GeoArb} i am curious magoo
[12:45] {GeoArb} what time fram chart are yo looking at?
[12:46] {magoo} 5 minutes
[12:46] {GeoArb} thanks
[12:46] {magoo} exit hopefully 14.21
[12:48] {magoo} .64 stiop
[13:00] {magoo} out .05+
[13:01] {peterg} out uaua?
[13:01] {magoo} yes
[13:01] {magoo} 5 min up
[13:01] {Threei} nice one
[13:01] {magoo} +24
[13:02] {peterg} me too + 17 tgks mag
[13:02] {magoo} :)
[13:02] {magoo} my trades are desighned short term
[13:03] {peterg} designer trades
[13:03] {GeoArb} 2
[13:03] {GeoArb} oops
[13:05] {Threei} magoo is now know and Armani
[13:06] {Threei} and = as
[13:20] {peterg} does leh want to go down more yet?
[13:21] {peterg} not now
[13:21] {Threei} hard to tell
[13:21] {GeoArb} probably in my books
[13:22] {GeoArb} well my book got torn
[13:27] {peterg} Rick Nelson: my bucket's got a hole in it.
[13:27] {Threei} wow UAUA
[13:39] {peterg} true test of trader is coping with boredom; I am eating dark chocolate. any better ideas?
[13:39] {Threei} yes
[13:39] {GeoArb} i watch prn
[13:39] {peterg} pm"
[13:39] {peterg} ?
[13:40] {GeoArb} heheheh
[13:40] {Threei} I like counting fingers on my left haand, then onright hand, then comparing them
[13:40] {Threei} doing it three times
[13:40] {Threei} and seeing if I get the same result
[13:40] {peterg} thats goood
[13:40] {Threei} if I do I win
[13:40] {Threei} so far I win 9 times out of 10
[13:40] {Threei} and it puts me in a good mood
[13:41] {peterg} prime minister
[13:47] {magoo} vad, what u stalking?
[13:48] {Threei} still same old UAUA
[13:48] {Threei} just can't get a read on USO at the moment
[13:48] {Threei} FNM looks just as sick as it did yesterday too
[13:49] {Threei} but no clear play for now
[13:53] {magoo} ok
[14:06] {magoo} is volume as light today as yesterday anyone??
[14:07] {GeoArb} well es seems already more than yesterday
[14:07] {GeoArb} and its only half time
[14:23] {Threei} oil drop is coming it seems
[14:23] {GeoArb} leh at lows
[14:24] {Threei} nope, wrong
[14:25] {Threei} or right
[14:42] {Threei} LEH continues slide
[14:46] {esemde} were getting that point where do I say....hmmm...take half and let half ride till tomorrow or do I just toast it at the end of the day....NVDA
[14:47] {Threei} I wish I had what to say about it ese
[14:47] {Threei} just too narrow to get any read
[14:47] {Threei} daily looks rather nice
[14:47] {Threei} follow through is a big question mark
[14:49] {esemde} indeed....well i'm up .24 now ....market is a bif if these days.....will probably be flat at end of day
[14:50] {Threei} FED'S LACKER: PREFER IF FNM AND FRE WERE TO BE PRIVATIZED
[14:50] {Threei} wouldn't we all
[14:50] {GeoArb} hehehehe
[14:51] {GeoArb} that didnt help s in BSC
[14:51] {GeoArb} us
[14:51] {Threei} magoo
[14:51] {Threei} up
[14:52] {Threei} {--- answering unasked question
[14:53] {magoo} was just typing that
[14:53] {magoo} if so AAPL may pop\
[14:54] {magoo} any recent aapl/rimm news??
[14:55] {Threei} not really
[14:55] {Threei} this little NQ pullback should be a bull flag
[14:55] {magoo} huh?
[14:56] {Threei} small retreat before advance
[14:56] {Chaeron} regrouping for attack :)
[14:57] {Threei} OK... jump from here or bets are off
[14:58] {Threei} volume dried up nicely on retreat, now time to recover with bigger volume to confirm flag
[14:59] {peterg} uhhh, whatcha buyin & sellin
[14:59] {peterg} anyting
[14:59] {Threei} if materializes, UAUA
[14:59] {peterg} ?
[14:59] {Threei} maybe LEH for scalp
[15:01] {Threei} doesn't look like going to work from here
[15:01] {Threei} staying on sideline
[15:02] {Threei} nope, no recovery
[15:04] {peterg} nihongo wa dekimaska!
[15:04] {Threei} you think?
[15:04] {peterg} for sure
[15:06] {peterg} better would be anata wa Nihon-go o hanashite dekimasu ka.
[15:06] {GeoArb} googling like crazy
[15:07] {GeoArb} i need to watch more anime
[15:07] {peterg} good plan
[15:07] {GeoArb} Are you able to speak Japanese
[15:08] {peterg} once a long time ago a little
[15:08] {peterg} now all but gone
[15:08] {GeoArb} rosetta stone!
[15:08] {peterg} o yeah
[15:09] {GeoArb} i am thinking of learning mandarin
[15:09] {peterg} wow
[15:09] {GeoArb} might as well
[15:09] {Chaeron} hmmm I was too
[15:09] {peterg} I m going to Beijing in october maybe
[15:09] {GeoArb} i not anything else.... ill order well in east la
[15:09] {GeoArb} i
[15:09] {GeoArb} if
[15:10] {peterg} fried octopus with hot sauce
[15:12] {GeoArb} i always have to take a chinese buddy here http://www.dintaifungusa.com/en/en_cuisine01_1.html
[15:12] {GeoArb} ill learn mandarin and show him !!!
[15:13] {peterg} ahh-yum!! btw how get urls onto discussion?
[15:13] {GeoArb} copy paste?
[15:14] {peterg} let me try
[15:16] {peterg} browser does not seem to want to put it here
[15:17] {GeoArb} ctrl c ctrl v
[15:17] {peterg} http://www.nytimes.com/2008/08/07/technology/personaltech/07pogue.html?_r=1&oref=slogin
[15:17] {Threei} UN SECURITY COUNCIL RESOLUTION ON GEORGIA DEMANDS COMPLIANCE WITH CEASEFIRE, IMMEDIATE RUSSIAN WITHDRAWAL
[15:17] {peterg} amazing!! thanks
[15:17] {Threei} IVAN
[15:17] {Threei} CONFIRMS DISCUSSIONS WITH ECUADOR'S NATIONAL OIL COMPANY ON DEVELOPMENT OF PUNGARAYACU OIL FIELD
[15:17] {Threei} - CEO Friedland said that while talks are at an advanced stage toward an agreement to develop Ecuador's Block 20, known as the Pungarayacu oil field, no final agreement to embark upon the project has been entered into either by PETROECUADOR or the Ivanhoe Energy board of directors.
[15:17] {Threei} - There can be no assurance that a final agreement will be signed
[15:18] {GeoArb} we use ibm viavoice
[15:19] {GeoArb} as it has separate dictionaries specializing in law and medicine
[15:19] {GeoArb} atleast it used too
[15:19] {esemde} out nvda .46 +30
[15:19] {peterg} for a zillion dollars you can get that on dragon'
[15:19] {GeoArb} not mine....
[15:19] {GeoArb} company
[15:19] {Threei} good one ese
[15:19] {esemde} tks
[15:20] {peterg} how long were you long?
[15:22] {peterg} Further research question: what is avg number of open positions, or variation during day?
[15:22] {esemde} was in originally at .40 around 8am stopped at 8:20 or so
[15:22] {esemde} then
[15:23] {esemde} was back in at .16 about 9:15
[15:23] {peterg} you worked it
[15:23] {esemde} long most of the day i guess peter...when you think about it
[15:24] {esemde} definately worked it
[15:26] {esemde} i'm outta here all...see you tomorow...
[15:26] {magoo} bye se
[15:26] {peterg} later
[15:26] {Threei} take care ese
[15:26] {esemde} mags
[15:26] {esemde} vad
06[15:26] * magoo slaps esemde around a bit with a large trout
[15:26] {esemde} tks...i needed that
[15:29] {peterg} who said this: "You have to grind it out, survive this period of the learning ccurve. And it could be really long, often a year or two, possibly longer, and very seldom less than a yearr.
[15:29] {peterg} identify author pls
[15:30] {Threei} sounds vagualy familiar
[15:30] {peterg} for prize
[15:30] {peterg} page #?
[15:30] {Threei} lol, I don't even remember which of books
[15:30] {peterg} TTR
[15:31] {Threei} well
[15:31] {Threei} since I have electronic text, I can cheat
[15:32] {peterg} I am in the grinding phase of the learning curve
[15:33] {Onix} welcome to the CLUB peter
[15:33] {peterg} THnks
[15:33] {judijim} have a nice evening all, be back tomorrow
[15:33] {Onix} it sure ain't easy, but i'm hanging in there
[15:33] {Threei} take care jj
[15:34] {peterg} bye jj
[15:34] {magoo} bye jj
[15:46] {peterg} well, wrapping up paperwork, profit sharing plans blah blah
[15:46] {GeoArb} profit sharing?
[15:46] {GeoArb} is vad giving money away?
[15:47] {peterg} i am so bored that i am one inch tall
[15:47] {GeoArb} i am so bored that i am making up random intelliscans
[15:47] {peterg} no i am sharing moneyh with future self
[15:47] {Threei} lol
[15:47] {Threei} I don't
[15:47] {Threei} future self can make his own money
[15:48] {peterg} point
[15:48] {GeoArb} future self for vad is kids
[15:48] {GeoArb} thats cold vad
[15:49] {peterg} in four yeares I can begin to get US social security--and im not even old
[15:49] {GeoArb} wot?
[15:50] {peterg} govt will give me big bux not to work, but to play all day
[15:50] {GeoArb} thats it
[15:50] {GeoArb} i am republican as of today
[15:50] {peterg} vad gives me lifetime subscription to trading room
[15:51] {Threei} and I am not even american
[15:51] {peterg} you canadienses are so nice
[15:51] {GeoArb} you must be on vads platinum group
[15:51] {GeoArb} heheh
[15:51] {peterg} the new group, diamond platinum
[15:51] {GeoArb} as in you pay in platinum
[15:52] {Threei} I take luxury watches too
[15:52] {Chaeron} and sides of bacon
[15:52] {Threei} Omega Constellation Double Eagle will do
[15:52] {GeoArb} http://www.trade-ideas.com/View.php?O=4000000000000000000000000_9_0&MinPCAV=100000&MinPCR=1.5&WN=PUTCALL
[15:52] {GeoArb} still in infancy
[15:52] {Threei} LEH finishes near low
[15:53] {GeoArb} the only onces that it sit out today were..... MER WFC CSCO BAC
[15:53] {GeoArb} spit
[15:53] {GeoArb} 3 financials
[15:54] {Threei} what is it indicative of?
[15:54] {GeoArb} heavy put buying
[15:54] {Threei} got it
[15:54] {GeoArb} more than certain vol and ration
[15:54] {Threei} so do we dare take LEH short overnight?
[15:54] {GeoArb} + breaking res
[15:55] {peterg} u guys shorting overnite on Laser?
[15:55] {Threei} support you mean?
[15:55] {GeoArb} sorry yes
[15:55] {GeoArb} was reading this
[15:55] {GeoArb} http://www.elitetrader.com/vb/showthread.php?threadid=134349
[15:56] {GeoArb} so made this scan and lo and behold same culprits
[15:56] {Threei} lol, I posted iot first thing in the morning
[15:56] {GeoArb} funny that put buying supports it
[15:56] {GeoArb} lots of speculative positioning
[15:58] {Threei} Ok guys
[15:58] {Threei} first half of the day was a beat
[15:58] {Threei} beauty
[15:58] {hawkfan4} beauty
[15:58] {Threei} then it became pointless and boring
[15:59] {GeoArb} yeah
[15:59] {GeoArb} fall better be good
[15:59] {Threei} it will
[15:59] {GeoArb} cheers all
[15:59] {Threei} even this is much better than your usual; August
[15:59] {peterg} TTFN!!
[15:59] {GeoArb} ?
[15:59] {Threei} thank you all, have a good evening
[15:59] {hawkfan4} thx vad, cya all
[15:59] {peterg} ta ta for now
[15:59] {Threei} see you tomorrow
[16:00] {fernp} good afternoon all. see you tomorrow.
[16:00] {Onix} Thanks Vad, & all ... until tomorrow

Monday, August 18, 2008

Aug 18 2008

[08:49] {hawkfan4} good morning
[08:52] {cosmo} brave new week
[08:52] {hawkfan4} always an adventure
[08:55] {Threei} Good morning RT!
[08:55] {hawkfan4} welcome back Vad
[08:55] {Threei} thank you :)
[08:56] {Threei} how was the week?
[08:56] {Raven}
3 weak
[08:57] {hawkfan4} pretty good actually. was over goal going into friday, started to give back some so i shut it down
[08:57] {Threei} nice
[08:57] {Threei} what's moving?
[08:57] {Raven}
3 you had more fun
[08:57] {cosmo} DYAX
[08:58] {cosmo} 5.60 so far
[08:58] {hawkfan4} UAUA/oil still working, scalping USO
[09:00] {Threei} 07:30am [DYAX] Reports that DX-88 for Hereditary Angioedema met primary and secondary endpoints in a Phase III trial
[09:01] {Threei} couple of quick and dirty done highlights: http://realitytrader.com/vad/A/
[09:02] {hawkfan4} wow, that looks really cool
[09:03] {cosmo} you wore cleats?
[09:03] {Threei} helicopter tour to glacier
[09:03] {Threei} stuff right out of Discovery channel, things you'd never think you could see other than on TV
[09:04] {cosmo} any bears?
[09:04] {Threei} not within easy reach
[09:04] {Threei} couple stunning bald eagle photos
[09:04] {Raven}
3 nice
[09:06] {Raven}
3 sheesh ... glacial surface looks like it is downwind of Pittsburg
[09:07] {cosmo} ?
[09:07] {Raven}
3 dirty
[09:07] {cosmo} ah
[09:07] {Raven}
3 try some coffee, cosmo, might help
[09:08] {hawkfan4} lol
[09:08] {judijim} good morning all and welcome back VAD
[09:08] {Threei} hi jj, thank you :)
[09:10] {cosmo} ice coffee?
[09:10] {cosmo} nah
[09:10] {Raven}
3 dig under the surface first
[09:11] {Threei} I see financials do not fare particularly well
[09:11] {Threei} was mostly oil that motivated the market?
[09:11] {Raven}
3 I'm sure that comes as a surprise to you ... financials :)
[09:11] {Threei} hehe
[09:12] {fernp} Good morning all
[09:12] {fernp} welcome back Vad
[09:12] {Threei} morning fern, thank you
[09:13] {Raven}
3 you missed an interesting week in Georgia, 3i ...
[09:13] {Threei} did take quick look on TV now and then
[09:13] {Threei} so mostly know what happened
[09:14] {Raven}
3 1950's again ?
[09:14] {Threei} attempt at, sure
[09:14] {Threei} well timed too
[09:14] {Raven}
3 sheesh
[09:14] {cosmo} 1984?
[09:14] {Threei} and executed quite competently
[09:15] {Raven}
3 executed is the word
[09:15] {Threei} no doubt send shudders through all the former vassals
[09:15] {Raven}
3 and through everybody else
[09:16] {Threei} well should
[09:16] {Threei} re-emergence of power with such level of, umm, benevolence...
[09:17] {Threei} eager to take revenge for humiliation of last decades
[09:17] {cosmo} let go of blame and shame, i say...
[09:18] {Raven}
3 this is not the 21st century, cosmo ....
[09:18] {cosmo} more like the 13th
[09:18] {Raven}
3 many in the world still in the 7th
[09:20] {peterg} welcome to the real world, neo! (from movie)
[09:21] {peterg} same as gm all
[09:21] {peterg} blue pill or red pill, rbr?
[09:21] {Raven}
3 no pills but I do need some tea ...
[09:22] {Threei} hi peter
[09:22] {peterg} welcome back vad
[09:22] {Threei} thank you
[09:22] {tomg} gm all, welcome back, vad :)
[09:22] {Threei} tom :)
[09:22] {cosmo} CDNS
[09:23] {Threei} here is what I wanted to do all week:
06[09:23] * Threei slaps magoo around a bit with a large trout
[09:23] {magoo} VAD!!!!!!!!!!!!!!
[09:23] {magoo} how was vaca?
[09:23] {Threei} hi mags :)
[09:23] {Threei} fantastic
[09:23] {Threei} what a majestic place
[09:24] {Threei} [09:01] {Threei} couple of quick and dirty done highlights: http://realitytrader.com/vad/A/
[09:24] {magoo} yes...its a lifetime type vacation
[09:24] {Threei} 00:21am [CDNS] CitiGroup Raised CDNS to Buy from Hold, price target: $11.50
[09:25] {Threei} I wish there was no all-you-can-eat though
[09:25] {Threei} dino predicted +12 lb... I managed to keep it down to +5
[09:27] {Raven}
3 lol
[09:27] {magoo} nice pics vad, i did the chopper ride to glaciers
[09:27] {dptl} good morning all
[09:27] {Threei} dp :)
[09:27] {Threei} loved every minute of it mags
[09:28] {magoo} we did alaskan criuse for honeymoon
[09:28] {Threei} especially pilot's request not to use a handle on the door as support, lest door gets torn off
[09:28] {Threei} when we returned to base I asked if I can do it now,
[09:28] {Threei} on pilot's question "why??" sdaid "I want to boast I tore it off with my bare hands"
[09:29] {hawkfan4} :)
[09:29] {Threei} our flight was first in 4 days, rain kept tham grounded
[09:29] {Threei} a lot of disappointed people I guess... I got lucky to have decent weather
[09:29] {Raven}
3 chopper flew from ship or ground base ?
[09:30] {Threei} ground base
[09:31] {Raven}
3 k
[09:31] {Threei} USO still moving up, watching for setback
[09:31] {Threei} relation with UAUA looks valid
[09:32] {Threei} .75 support so far, want a little pullback now, bottoming out not lower than that
[09:34] {Threei} unclear here
[09:34] {Threei} need sharp USO move
[09:36] {Threei} .66 long if stays above .60
[09:36] {magoo} wow..its dowen
[09:37] {magoo} can see my improvemt in spelling while away vad?
[09:37] {Threei} hehe
[09:37] {magoo} dowen
[09:37] {Threei} .51 long if stays above .45
[09:38] {magoo} in .54
[09:40] {Threei} half out.70
[09:40] {cosmo} CDNS hod= 8.08
[09:40] {magoo} out .74
[09:40] {magoo} TY
[09:40] {Threei} :)
[09:40] {magoo} u still got it he he
[09:42] {Threei} DYAX worth a trry long 5.15 with stop under
[09:43] {magoo} dyax avail short too fwiw
[09:43] {cosmo} CDNS tests
[09:44] {cosmo} ..almost
[09:46] {Threei} (RU) US OFFICIAL SAYS THAT SIGNS "SO FAR" ARE THAT THERE HAS BEEN NO WITHDRAWAL OF RUSSIAN TROOPS FROM GEORGIA
[09:48] {Threei} .66 long UAUA
[09:48] {Threei} if stays above .55
[09:53] {Roman}
21 HK
[09:53] {Roman}
21 long .55
[09:53] {Roman}
21 stop under 29
[09:53] {Threei} 1:1 UAUA
[09:53] {Threei} half out or scalp, watever you feel like
[09:53] {Threei} jerky here
[10:02] {Threei} if USO loses 92.50 UAUA has a shot at more
[10:02] {Threei} USO staus close to this support, doesn't bounce
[10:02] {Threei} likely to losde it
[10:07] {Threei} .61 long UAUA
[10:07] {Threei} if stays above .55
[10:08] {Threei} USO lost support
[10:08] {magoo} in
[10:18] {Threei} stopped
[10:18] {Threei} scalp was it
[10:18] {Threei} got greedy
[10:19] {magoo} it stalled too lomng there
[10:20] {Threei} yup
[10:27] {Threei} THE FCC HAS APPROVED THE GOOGLE ANDROID PHONE, AND DOCUMENTS SUGGEST A RELEASE DATE COULD BE NOV 10 - VENTUREBEAT.COM (TIMING UNCERTAIN)
[10:27] {Threei} - note: the Nov 10 date is in line with Google's statements that it would be released in 2H 2008, though some analysts have speculated about a launch date as early as Sept.
[10:35] {Threei} DYAX 5 break long if stays above 4.90
[10:36] {Threei} USO fooled us eh?
[10:36] {magoo} yup
[10:43] {magoo} now UAUA insults us
[10:44] {Threei} (RU) RUSSIAN TANKS ARE REPORTEDLY DESTROYING GEORGIAN POLICE CARS
[10:44] {Threei} you are not kidding mags
[10:50] {Threei} new low USO
[10:55] {magoo} im smackinf uaua overhead just to knock it down for spite
[10:58] {Threei} you in?
[10:59] {magoo} no
[10:59] {magoo} u?
[10:59] {Threei} no
[11:00] {Threei} need USO to take out low
[11:00] {Threei} while preferrably staying under .50
[11:00] {Threei} in now
[11:01] {magoo} where?
[11:01] {Threei} .43
[11:02] {Threei} half out .57
[11:02] {Threei} stop .39
[11:03] {hawkfan4} 1/2 out + .16
[11:04] {Threei} half out DYAX .15
[11:05] {Threei} stopped second half UAUA
[11:07] {Threei} overtightened it I guess
[11:07] {Threei} prefer to stay on a conservative side
[11:08] {Threei} yeah... too conservative, lol
[11:11] {hawkfan4} out rest +.35, thx
[11:11] {Threei} welcome
[11:15] {Threei} USO loss of 90.50 should send UAUA over 15
[11:15] {Threei} grr
[11:15] {Threei} went therer not even waiting for USO
[11:15] {magoo} uuuuuuuuuuuhhhhhhhhhhhhhhhgggggggggggggggggg
[11:16] {Threei} USO found support so far
[11:17] {Threei} let it play out, bounce can be vicious
[11:17] {Threei} in fact, I'd try long USO with stop under .50
[11:18] {magoo} thats what i was thinking
[11:19] {dptl} got to leave early...have a good rest of the day all:)
[11:19] {Threei} take care dp :)
[11:20] {Threei} first strength from here USO
[11:20] {magoo} bye dp:)
[11:20] {Threei} lost .50, no play
[11:21] {Threei} maybe just a headfake
[11:21] {Threei} hard to tell
[11:21] {Threei} staying on a sideline
[11:23] {Threei} ugh, was a buy on that dive
[11:27] {peterg} arba
[11:27] {Threei} no news that I see
[11:32] {Threei} anyone had mor conviction than I did for USO long?
[11:34] {hawkfan4} i got +.20 out of it, thx :)
[11:35] {Threei} :)
06[11:38] * Threei slaps Chaeron around a bit with a large trout
[11:38] {Chaeron} Good morning everyone
06[11:38] * Chaeron slaps Threei around a bit with a large trout
[11:38] {Threei} hi Chaeron :)
[11:38] {Chaeron} welcome back buddy
[11:38] {Threei} thank you
06[11:43] * magoo slaps Chaeron around a bit with a large trout
[11:44] {Chaeron} hi magoo :)
[11:45] {Threei} most likely one more USO spike before it retreats
[11:45] {Threei} if it takes UAUA down into 14.50, will be interesting for bounce scalp
[12:03] {Threei} watching for dopuble top around 92
[12:03] {Threei} want to see one more advance to it, then drop
[12:06] {Threei} here comes advance
[12:07] {Threei} UAUA is close enough to .50 to grab it if USO drop quickly
[12:07] {Threei} in .55
[12:08] {Threei} .45 stop
[12:09] {Threei} die USO
[12:09] {Threei} good boy, lose .50 now
[12:12] {Threei} thing of beauty
[12:13] {Threei} half out or take scalp, whatever you fancy
[12:14] {Threei} any takers?
[12:15] {Threei} come on, play laid out well in advance and developed exactly according to scenario
[12:16] {hawkfan4} i got it , in .56, 1/2 out .74
[12:17] {Threei} whew
[12:17] {Threei} thank you
[12:17] {hawkfan4} lol
[12:17] {Threei} :)
[12:19] {magoo} i didn't like long call with mkts here heading down
[12:51] {magoo} .
[12:51] {Threei} USO .11 long if stays above 91.90
[12:52] {Threei} if loses it, eyeing UAUA long at .51
[12:52] {Threei} in UAUA aggresively
[12:52] {Threei} stop .35
[12:53] {Threei} got .45... fast spike
06[12:54] * magoo slaps laserdave1 around a bit with a large trout
[12:56] {magoo} c'mon..no one else
06[12:56] * Threei slaps laserdave1 around a bit with a large trout
[12:56] {Threei} out .59
[13:00] {Threei} AUG NAHB HOUSING MARKET INDEX: 16 V 16E
[13:00] {Threei} {XHB}
[13:02] {magoo} pretty good...take vaca..make $$..and slap someone..livin the dream
[13:02] {hawkfan4} out .72 from .55, thx vad
[13:03] {Threei} :)
06[13:37] * Chaeron slaps laserdave1 around a bit with a large trout
[13:37] {Threei} local outage
[13:37] {Threei} back on
[13:49] {Threei} am I here?
[13:49] {hawkfan4} no
[13:49] {Threei} or anyone else, for that matter?
[13:50] {patience} not really
[13:50] {Threei} thought so
[13:56] {magoo} am i?
[13:56] {Threei} just noticed... FNM is shortable again
[13:56] {Threei} too bad I haven't looked earlier
[13:57] {Threei} 7 breakdown was clean setup
[14:00] {Threei} 6.40 break probably worth a try
[14:00] {Threei} feels like down is the only way for it
[14:05] {Threei} watching where it tops out to define a stop
[14:06] {Threei} also, .80 break long DYAX for a scalp into close, 4.68 stop
[14:16] {Threei} USO sharp drop under 91 would be very welcome now that UAUA is so close to support at .50
[14:17] {Threei} so far FNM tops just above .50
[14:17] {Threei} if stays this way .40 break is a good short
[14:19] {Threei} GM
[14:19] {Threei} REPORTEDLY OFFERING EMPLOYEE PRICES ON MOST 2008 MODELS
[14:28] {Threei} is it me or quotes misbehave?
[14:29] {hawkfan4} mine are ok
[14:30] {Threei} ty, my connection probably
[14:58] {Threei} half out DYAX
[15:00] {Threei} anyone takie?
04[15:00] -} [Threei] PING
[15:00] {hawkfan4} yes sir, offering 1/2
[15:00] {Threei} :)
[15:00] {Threei} FNM low
[15:08] {hawkfan4} out 1/2 dyax +.14
[15:13] {Threei} where is DYAX?
[15:13] {hawkfan4} 5.01 x 5.02
[15:13] {Threei} ty, I am out then
[15:13] {Threei} and FNM?
[15:13] {hawkfan4} .44
[15:13] {Threei} didn't break .40 yet?
[15:14] {hawkfan4} once earlier
[15:14] {hawkfan4} low .36
[15:14] {Threei} ty
[15:14] {Threei} will try to reset modem, brb
[15:36] {Threei} back
[15:38] {hawkfan4} FNM new low
[15:39] {Threei} where is it now?
[15:39] {hawkfan4} .25 x .26
[15:39] {Threei} cool beans
[15:39] {Threei} getting quotes now
[15:40] {Threei} missed short because of connection issues
[15:40] {hawkfan4} 1/2 out + .18
[15:40] {Threei} wtg
[15:40] {Threei} hey, very nice day
[15:40] {hawkfan4} thx :)
[15:40] {Threei} good to be in shape after vacation
[15:41] {hawkfan4} very nice indeed
[15:41] {Threei} DYAX worked like charm
[15:41] {Threei} most of UAUAs did
[15:41] {Threei} FNM did
[15:42] {Threei} most of the room slept right through all of those
[15:42] {peterg} ya
[15:42] {hawkfan4} lol, i must have had too much coffee this morning
[15:44] {peterg} off for now; c u all tomrw
[15:44] {Threei} take care peter
[15:44] {peterg} u2
[15:45] {hawkfan4} out rest FNM + .24. thx again
[15:45] {Threei} welcome
[15:45] {Threei} don't want to carry FNM short pvernight
[15:46] {Threei} but really... seems there is no bottom
[15:46] {Chaeron} negative number territory?
[15:46] {Threei} will rather look tomorrow for new entry, don't want to get caught into some engenieered news/spike
[15:46] {Threei} ummm
[15:46] {Threei} magoo can have that spelling
[15:46] {Threei} floor is yours sir
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening, see you tomorrow
[15:56] {hawkfan4} thx vad , cya
[15:56] {magoo} nice to have u back vad
[15:56] {Threei} nice to be back
[15:57] {judijim} nice to have you back, be back tomorrow

Friday, August 8, 2008

Aug 08 2008

ATTENTION: if you subscribe for a trial during the week Aug 11-15, it will be granted for the next week starting August 18. Vad is away for vacation and will be back in the room on that date.

Session Time: Fri Aug 08 00:00:00 2008
[08:30] {Threei} Q2 PRELIMINARY NONFARM PRODUCTIVITY: 2.2% V 2.5%E; UNIT LABOR COSTS: % V 1.4%E
[08:30] {Threei} - Prior Nonfarm Productivity revised from 2.6% to %
[08:30] {Threei} - Prior Unit Labor Costs revised from 2.2% to %
[08:30] {Threei} UNIT LABOR COSTS: 1.3% V 1.4%E
[08:36] {Threei} GEORGIAN FOREIGN MINISTER: GEORGIA IS SEEKING HELP TO HALT THE RUSSIAN AGRESSION
[08:38] {cosmo} god help them...
[08:38] {Threei} sigh
[08:38] {cosmo} us too....
[08:42] {cosmo} rasing the global conciousness in 'fits and starts'...when will there be enough..
[08:42] {cosmo} but... no matter...
[08:45] {cosmo} UAUA active
[08:46] {Threei} as USO loses 95 support
[08:46] {cosmo} ic
[08:49] {Threei} we have some support at 94.40 - .50
[08:49] {Threei} if lost, could fuel new momo to downside
[08:50] {hawkfan4} good morning
[08:50] {Threei} hawk :)
[08:51] {Threei} testing
[08:52] {hawkfan4} in case i have to leave early, have a great vacation vad
[08:52] {Threei} thank you :)
[08:52] {cosmo} vacation?
[08:52] {cosmo} this IS vacation... i thot
[08:52] {Threei} lol
[08:52] {hawkfan4} :)
[08:53] {cosmo} where too this time?
[08:53] {Threei} Alaska
[08:55] {cosmo} watch the melting chunks of ice fall?
[08:55] {Threei} I guess... I'll report
[08:55] {cosmo} pics, real time maybe?
[08:56] {Threei} pics yes
[08:56] {Threei} real time no
[08:56] {cosmo} k
[08:56] {Threei} vacation is vacation... no internet, no market, no news
[08:57] {judijim} good morning Vad as you prepare for vacation
[08:57] {cosmo} vacation is where i hang my hat...
[08:57] {Threei} good morning jj :)
[09:01] {pita} good morning all
[09:02] {Threei} pita :)
[09:10] {Threei} watching CNN?
[09:11] {cosmo} geez...can't they wait for the olympics first?
[09:15] {dino} gm all
[09:15] {Threei} dino :)
[09:16] {magoo} morni g..yes..if i miss u vad have a great vaca
[09:16] {Threei} ty mags
[09:16] {dino} vad, you will eat lots, drink more, and see some pretty neat sites. enjoy!
[09:17] {Threei} thank you, I am sure I will :)
[09:17] {dino} what cruise line btw, i was on princess
[09:17] {Threei} Royal Caribbean
[09:17] {Threei} Serenade of the Sea
[09:18] {dptl} good morning all
[09:18] {Threei} dp :)
[09:18] {cosmo} hope they dont use sirens
[09:18] {Threei} dp, see russian news?
[09:19] {dptl} about what?
[09:19] {Threei} invading Georgia
[09:20] {dptl} heard something yesterday about it
[09:21] {Threei} full blown... bombing, planes being shot down, tanks rolling
[09:21] {dino} are you serious?
[09:21] {Threei} yes
[09:21] {dino} why is it not on the news?
[09:21] {Threei} it is
[09:21] {Threei} CNN run extensive coverage just a few min ago
[09:23] {Threei} [08:36] {Threei} GEORGIAN FOREIGN MINISTER: GEORGIA IS SEEKING HELP TO HALT THE RUSSIAN AGRESSION
[09:24] {dino} ok, ty
[09:26] {Threei} FNM beaten down nicely
[09:26] {Threei} on CNN again now
[09:27] {Threei} after this overactive bladder ad
[09:27] {cosmo} brb
[09:27] {Raven} 3 rofl
[09:27] {Threei} lol
[09:27] {Raven} 3 have a great vacation 3i :)
[09:27] {Threei} ty Raven :)
[09:28] {Raven} 3 what is final destination in AK ?
[09:28] {Threei} roundtrip
[09:28] {Threei} no final destination :)
[09:29] {Threei} Jauneau, Skagway, Icy Point
[09:29] {Raven} 3 I mean the north most point of departure
[09:29] {Raven} 3 OK ... lower part of state
[09:29] {Threei} whichever of the three aabove is farther North :)
[09:30] {Threei} see images on CNN, tanks rolling in
[09:31] {cosmo} tanks a lot
[09:31] {Raven} 3 lol
[09:31] {Threei} FNM
[09:31] {Threei} .41 long
[09:31] {Threei} if holding above .20
[09:32] {Threei} not likely to hold
[09:33] {Threei} but if does I'll be imressed
[09:34] {Threei} lost it
[09:37] {Threei} smething propped FRE to green
[09:37] {Threei} no news
[09:39] {cosmo} ASML
[09:39] {cosmo} testing hod
[09:40] {dino} v sm wide pcln l .60
[09:40] {cosmo} 23.22
[09:40] {esemde} morning...
[09:40] {Threei} ese :)
[09:45] {dino} risky v sm cme l 0.01
[09:46] {esemde} long 46.64 1/2 lot
[09:46] {esemde} CNQR that is
[09:47] {dino} sohu sm l .00
[09:48] {Threei} PREVIEW: JUN WHOLESALE INVENTORIES DUE OUT AT 10AMET
[09:48] {Threei} **consensus expectation: +0.6%e v +0.8% prior
[09:49] {esemde} stopped CNQR .47
[09:49] {Threei} wow USO
[09:50] {esemde} thats talking a dump....
[09:50] {dino} rally
[09:51] {dino} oih blood
[09:52] {dino} march area
[09:53] {Threei} beautiful drop USO
[09:54] {dino} out cme 333.21, +3.20
[09:54] {Threei} wtg
[09:54] {dino} ty
[09:55] {esemde} oh sure CNQR????
[09:56] {Threei} these sudden oil moves cause this ese
[09:57] {esemde} i'll say
[09:57] {Threei} on USO daily there is no floor down to 90
[09:58] {Threei} wholesale numbers in 2 min
[10:00] {Threei} JUNE WHOLESALE INVENTORIES: 1.1% V 0.6%E
[10:01] {dino} out sohu .70, +.70
[10:02] {dino} c'mon
[10:04] {esemde} NUAN
[10:04] {esemde} just missed it
[10:05] {hawkfan4} nice dino :)
[10:05] {dino} ty hawk
[10:08] {esemde} l NVLS 21}97
[10:09] {esemde} 1/2
[10:13] {dino} pcln stop to .48
[10:13] {dino} out pcln .75, +1.15
[10:13] {Roman} 21 wow
[10:14] {dino} :)
[10:16] {esemde} out NVLS 22.21
[10:16] {esemde} +.24
[10:17] {Threei} good trading guys
[10:17] {dino} slowing down, best week since june. vacation was good for me
[10:18] {Threei} watching OIH for short
[10:18] {Threei} want USO to reverse back down for indication
[10:18] {Threei} wtg dino, amazing job
[10:18] {dino} back to basics, no thinking
[10:18] {Roman} 21 wow
[10:18] {Roman} 21 no thinking - love it
[10:19] {dino} lol
[10:19] {Roman} 21 i want to grow up and be like you
[10:19] {Roman} 21 wow
[10:19] {Threei} GEORGIAN ENVOY: GEORGIA HAS AGREED TO 'CEASE FIRE' WITH OSSETIA SEPARATISTS, REQUESTS CONSULT WITH UN SECURITY COUNCIL
[10:19] {dino} good
[10:24] {Threei} in OIH short, stop .25
[10:24] {dino} ctrn sm l .50
[10:24] {Roman} 21 innnnnnnnnnnn
[10:24] {Threei} wow
[10:24] {Threei} stopped
[10:25] {Threei} too volatile
[10:32] {dino} cedc blood
[10:32] {dino} fast
[10:32] {esemde} l ESRX 70.84
[10:34] {dino} waiting v sm .26 cedc
[10:36] {dino} giddy up
[10:40] {esemde} out ESRX 60
[10:40] {esemde} -.24
[10:41] {Threei} AKAM .59 short if stays under .70
[10:44] {dino} rock rockin'
[10:46] {dino} cedc stop to .65
[10:48] {dino} out mean slip. .56, +.30
[10:48] {magoo} vad, news BIDU??
[10:49] {Threei} nope
[10:50] {magoo} weird..big up day it usually up big
[10:51] {dino} china down
[10:52] {Threei} no worky AKAM
[10:58] {Threei} CIEN
[10:58] {Threei} watching for bounce scalp, as close to .10 as it gets
[10:59] {Threei} sel,ing down, watch NQ for upticks before entry
[11:00] {Threei} first strength from here
[11:01] {dino} cedc l .00 sm
[11:03] {Threei} .11 trigger
[11:06] {Threei} if NQ turns up will try aggressive entry
06[11:07] * Threei slaps laserdave1 around a bit with a large trout
[11:09] {Threei} ELN .67 short
[11:09] {Threei} if stays under .75
[11:12] {Threei} (RU) GEORGIAN PM: RUSSIAN PLANES HAVE BOMBED A SECOND BASE IN GEORGIA
[11:13] {Threei} seems I can't trade 25 cents for a phone call today
[11:14] {magoo} because everyone has personnal phones noew
[11:15] {dino} ctrn stopped .24, -.26
[11:15] {cosmo} not me..
[11:15] {cosmo} i will not be asssimilated
[11:16] {dino} resistance is futile
[11:16] {Raven} 3 me too cosmo
[11:16] {cosmo} i do dread the thot of having to find a pay phone tho
[11:16] {Raven} 3 just don't call
[11:17] {cosmo} that's been my fall back, r
[11:17] {Raven} 3 yes
[11:19] {Threei} OK... in CIEN, stop .94
[11:19] {magoo} long rimm .75
[11:19] {magoo} going over
[11:29] {magoo} to reiterate my calls..do not lose more than 200 bux ..so size according
[11:34] {magoo} out .05 +.30
[11:35] {Threei} wtg
[11:35] {magoo} not as easy as i l,ike
[11:35] {magoo} 300-500 shares so avoid the rinse of this crazy ass mkt
[11:36] {magoo} imo..vad u leaving at good time
[11:37] {Threei} I knew it when picked time for being away
[11:37] {cosmo} ABAT hod = 4.64 fwiw
[11:37] {magoo} yeah.........i wish i could take a vaca someday
[11:38] {cosmo} it all in the head, magoo
[11:38] {magoo} if IF i do.i going visit laserdave
[11:38] {cosmo} its
[11:38] {magoo} drinks sum beers with my bud
[11:38] {cosmo} ah...bud
[11:38] {laserdave1} mags dcc please
[11:39] {magoo} SHIT
[11:40] {Threei} no symbol found
[11:41] {lars} Super High Intensity Training
[11:41] {hawkfan4} lol, good save lars
[11:42] {lars} :)
[11:42] {Threei} I'll need 5 more minutes to compare all the capital letters to abbreviation
[11:42] {Threei} my thinking processes slowed down to crawl
[11:44] {Threei} OK, all 3 letters match... good one lars
[11:44] {dino} so has this market
[11:47] {Threei} 4th letter matches too
[11:47] {Threei} excellent job lars
[11:48] {lars} :) good for a chuckle anyway
[11:48] {dino} fsys
[11:52] {lars} is cien gonna break or should i be out now?
[11:52] {Threei} where are you in?
[11:52] {lars} .02
[11:53] {magoo} sheesh..i forgot i was in CIEN
[11:53] {magoo} no kidding
[11:53] {Threei} lol
[11:53] {dino} tpgi
[11:53] {dino} bad prints
[11:53] {Threei} I tried to offer it at .18, never got hit
[11:53] {Threei} but it's holding well
[11:53] {Threei} unless market sharply reverses down, it still has a chance for more
[11:54] {lars} just makin sure ... thx vad
[11:54] {Threei} choice is to take small garantted 1:1, vs holding for 1:2 and trailing stop to under 17
[11:54] {Threei} so risk is ridiculously small
[11:54] {Threei} and all you risk is to lose this current profit
[11:55] {Threei} so decide how much you need it vs how much you want to double it
[11:55] {lars} 1:2 would be .18?
[11:56] {Threei} somwhere there, yeah
[11:56] {lars} understood
[11:56] {Threei} I can't gather enough brain power to calculate precisely
[11:56] {Threei} besides, I am not good at math
[11:56] {lars} lol... too much training
[11:56] {Threei} there are three kinds of people
[11:56] {Threei} one who can count and one who can't
[11:57] {lars} ok ill bite... 3rd?
[11:57] {Threei} no 3rd
[11:57] {Threei} that's whole joke... it's being said by one who belongs to 2nd kind
[11:57] {lars} lol good one
[11:57] {Threei} but niow it's not funny
[11:58] {Threei} actually... it wasn't that funny to begin with :)
[11:58] {Chaeron} and on that note.... Good morning all
[11:58] {Threei} Chaeron :)
[12:18] {Threei} out CIEN
[12:18] {Threei} even blind squirell...
[12:19] {magoo} sheesh..i orgot it again working here
[12:19] {Threei} lol
[12:19] {magoo} what u take?
[12:19] {lars} out cien +.22 :)
[12:19] {Threei} .21
[12:19] {magoo} i really am the blind squirrel on this trade
[12:21] {magoo} offering .26
[12:26] {dino} v sm fsys s .15
[12:33] {Threei} magoo... wake up and find out if you have sold
[12:33] {magoo} got ,26 TY vad lol
[12:33] {Threei} who knows, you may have forgotten actually click sell
[12:33] {Threei} :)
[12:33] {lars} lol nj magoo
[12:40] {magoo} i guess lars..total incompetant..i bought it..never looked again until u mentioned it..then put sell and fotrgot it again
[12:40] {Threei} \tsk tsk tsk
[12:40] {magoo} i was practicing my typing class
[12:40] {Threei} buying without deep fundamental reserach... how could you
[12:40] {Threei} appaling
[12:40] {lars} cus your makin so much on your other trades
[12:42] {lars} +.09 with fsys ... had more ... ill take it though
06[12:45] * Threei slaps laserdave1 around a bit with a large trout
06[12:45] * Chaeron slaps laserdave1 around a bit with a large trout
[12:45] {Threei} look your dcc, will ya
[12:46] {laserdave1} sorry guys not impressed
[12:46] {laserdave1} tthat is so lateeeeee
06[12:46] * magoo slaps laserdave1 around a bit with a large trout
[12:46] {Threei} late??
[12:46] {dino} lars tough one fsys
[12:46] {laserdave1} yuppers
[12:47] {Threei} [11:07] -RealityTrader.chat.server- *** Notice -- Client connecting on port 7044: laserdave1 (RealityTra@XXXXX.vn.shawcable.net)
[12:47] {Threei} [11:07] * Threei slaps laserdave1 around a bit with a large trout
[12:47] {laserdave1} u cant trick us
[12:47] {laserdave1} thats saved from an old day
06[12:47] * magoo slaps Threei around a bit with a large trout
[12:47] {Threei} nope
[12:47] {Threei} from today
06[12:47] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
[12:48] {Threei} hmmm
06[12:48] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
06[12:48] * magoo slaps Threei around a bit with a large trout
[12:48] {Threei} magoo's stuck
[12:48] {magoo} 1 for each day u out
[12:48] {Threei} oh
[12:48] {Threei} lol
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
06[12:48] * laserdave1 slaps Threei around a bit with a large trout
[12:48] {laserdave1} magoo u are so smart
[12:48] {magoo} NICEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
[12:49] {lars} keep em coming dino... your ave. is pretty good :)
[12:50] {dino} above today
[12:50] {dino} can't get out of fsys, jumps 20 cents
[12:50] {dino} sitting at .55, but.....
[12:51] {Threei} anyone has a feeling USO another dump is in the making?
[12:51] {hawkfan4} yes
[12:52] {dino} magoo maybe
[12:52] {Threei} yours doesn't count hawk
[12:52] {Threei} you are emotionally involved with USO, just as aI am
[12:52] {Threei} easy to take wishful thinking for the real read :)
[12:53] {hawkfan4} :) true
[12:54] {dino} out +.60 fsys and then it collapses
[12:54] {dino} wishful thinking, i was simply stating magoo will take a dump today
[12:55] {hawkfan4} lol
[12:55] {dino} :)
[12:55] {dino} lars, cedc thoughts?
[12:55] {Threei} amount of information flowing today is incredible {G}
[12:56] {Threei} and don't even think of using word "flowing" in that context again
[12:57] {dino} reminds me of "fat bastard" in the austin powers movie
[12:57] {lars} I was gonna ask you about cedc... i didnt play it
[12:58] {dino} 1/2 on it
[13:13] {dino} brb
[13:19] {dino} fsys again?
[13:20] {dino} .25ish held last time
[13:21] {lars} are you in or holding for .15?
[13:23] {dino} not in want to see what it does around .25
[13:23] {lars} cedc dropping
[13:24] {dino} watching it too
[13:26] {dino} the problem i'm having, is it's a summer friday afternoon. not sure i want to blow a good day
[13:27] {Threei} in UAUA
[13:27] {Threei} 5 cents stop
[13:28] {magoo} entry?
[13:28] {Threei} .60
[13:28] {magoo} in
[13:28] {Threei} don't forget you bought it
[13:28] {magoo} back to sleeop
[13:28] {lars} .60 here
[13:29] {Threei} USO behaves
[13:30] {Threei} now lose 93.50 and die
[13:34] {magoo} l aapl here .30
[13:36] {Threei} that's abit too much of a bounce, USO
[13:36] {Threei} which part of "die" don't you understand
[13:37] {magoo} out flat
[13:37] {magoo} no like naz red bars
[13:40] {magoo} l rimm now ,30
[13:41] {magoo} out rimm .55
[13:42] {magoo} easy button
[13:48] {magoo} its time of day for pullbk
[13:48] {magoo} not saying it will..mkt strong
[13:49] {Threei} sigh
[13:52] {judijim} we're off for the rest of day, have a great vacation VAD
[13:52] {Threei} thank you jj, take care, see you in a week
[13:53] {magoo} by jj
[14:17] {dino} risky, sm cedc .20 l, wide
[14:20] {hawkfan4} USO finally
[14:21] {Threei} took its sweet time
[14:22] {hawkfan4} no kidding
[14:23] {dino} fear/greed cedc
[14:25] {Threei} care to lose 93 now USO?
[14:31] {dino} hod
[14:36] {lars} finally uaua
[14:36] {Threei} [14:21] {Threei} took its sweet time
[14:36] {Threei} I am too lazt to type new answer
[14:36] {Threei} lazy
[14:36] {Threei} copy/pasting old one
[14:36] {lars} out half +.23
[14:37] {lars} see if it can break 11 :)
[14:37] {Threei} uh oh
[14:37] {Threei} LEHMAN BROTHERS: 'OIL' HAS PEAKED, WILL DECLINE IN UPCOMING Q4 AND Q1
[14:37] {Threei} {USO}
[14:37] {lars} 11 seems like resistance now
[14:37] {Threei} magoo... now you can say "shit"
[14:37] {lars} lol
[14:37] {hawkfan4} lol
[14:38] {magoo} shiiieeeytytt
[14:38] {Threei} I mean... when these guys make such calls...
[14:38] {Threei} that;'s when everything goes to hell in basket
[14:39] {hawkfan4} out 1/4 UAUA +.53, in from .46 this morning
[14:40] {lars} nice hawk wtg
[14:40] {hawkfan4} thanks :)
[14:40] {dino} gj
[14:41] {lars} vad will the room be open next week while your away?
[14:41] {Threei} sure
[14:41] {Threei} converse, share, slap
[14:41] {Threei} slap back
06[14:41] * lars slaps magoo around a bit with a large trout
[14:41] {Threei} lol
[14:41] {lars} just practicing
[14:41] {magoo} :)
[14:42] {Threei} if something happens and you can't connect, grab reserve server address from the website
[14:42] {Threei} trading room page
[14:42] {Threei} shouldn't though, it's rare occurence
[14:43] {Threei} if nothing works, call support: 1-509-684-3295 and scream bloody murder
[14:43] {Threei} tell them realitytrader room is down
[14:43] {lars} thx vad
[14:44] {Threei} tell them you have people to slap
[14:45] {lars} lol
[14:51] {Threei} 93 be gone
[14:51] {lars} lets make another run at 11
[14:53] {lars} stubborn
[14:53] {Threei} needs USO to break 93 and panic
[14:58] {Threei} absence of any decent bounce and staying so close to 93 makes it very likely to happen
[15:00] {dino} esio
[15:01] {dino} too fast
[15:01] {Threei} come on USO
[15:01] {Threei} it's time
[15:02] {Threei} now die
[15:06] {dino} fsys
[15:08] {lars} are you in dino?
[15:10] {dino} no
[15:10] {dino} waiting at 53.40
[15:11] {dino} cedc no worky stopping out
[15:12] {dino} v sm fsys s .30
[15:16] {dino} cov .70, +.60
[15:16] {lars} wtg dino
[15:16] {lars} nice call
[15:16] {dino} ty, lucky
[15:16] {dino} should not have got to me
[15:17] {dino} thatsa why i was up there
[15:18] {lars} it was at .95 when i saw your call ... held off
[15:19] {dino} gappy. i was at .40, saw .32 ask so hit .30 bid
[15:19] {dino} lucky, thats all. luck plays a big part
[15:19] {dino} now cedc comes back
[15:20] {dino} rinsed
[15:30] {esemde} made it back to watch the last couple of minutes.....went to pick up my daughter at camp
[15:30] {Threei} look at oil ese
[15:31] {esemde} uso
[15:31] {esemde} wow dow up 300
[15:32] {dino} fsys maybe again
[15:35] {Threei} new low oil... any chance for another panic bar?
[15:35] {dino} feels higher
[15:35] {dino} fsys i mean
[15:36] {Threei} W
[15:36] {Threei} O
[15:36] {Threei} W
[15:37] {hawkfan4} fly the friendly skies
[15:37] {Threei} news-like spike
[15:37] {lars} dang i missed it
[15:37] {Threei} but no news
[15:37] {lars} distracted
[15:41] {dino} i'm calling it a week all. thx
[15:41] {dino} vad you have fun
[15:41] {lars} cya dino have a great wknd
[15:42] {Threei} thank you dino
[15:42] {dino} ty lars
[15:42] {hawkfan4} cy dino, gj
[15:42] {Threei} new low again USO
[15:42] {dino} i'll hang , but done trading
[15:42] {magoo} take care vad..have fun
[15:42] {Threei} ty mags
[15:43] {lars} take care magoo
[15:43] {Threei} still looking for last scalp
[15:43] {dino} ty hawk
[15:43] {Threei} maybe UAUA pulls back, stalls, then USO drops hard
[15:46] {magoo} buying into weekend.hm
[15:46] {magoo} strong open monday
[15:47] {cosmo} olympic optimism
[15:51] {dino} hod fsys
[15:55] {dino} pcln all the way down again
[15:55] {hawkfan4} flat and outta here. great week, have a great trip vad, cya all
[15:56] {Threei} take care hawk, ty
[15:56] {Threei} thank you everyone
[15:56] {lars} cya hawk take care
[15:56] {Threei} have a great weekend and safe trading week
[15:56] {dptl} have a good weekend all
[15:56] {Threei} I'll see you all on Monday in a week
[15:56] {hawkfan4} :)
[15:56] {dino} take care hawk
[15:57] {esemde} in a week?....you takin a holiday Vad?
[15:57] {Threei} I am... and taking about it for last three weeks :})
[15:58] {esemde} good on ya.....have a great time.
[15:58] {Threei} thank you
[15:59] {dino} hmmm, 300 up, pattern says 300 down next
[16:00] {esemde} see ya'll monday
[16:02] {lars} take care all
[16:02] {lars} have a great vacation vad