Session Start: Mon Aug 25 02:52:12 2008
[08:15] {Threei} Financials: According to Heard on the Street some US investment bankers are bearish on the second half of 2008 - WSJ
[08:15] {Threei} - There are some concerns among bankers that the outlook has deteriorated further. The focus for investors remains on the damage caused by mortgage-backed securities, but investors are also looking at other areas such as commercial real estate and higher-grade residential mortgages.
[08:15] {Threei} - The article adds that continued credit-market weakness is likely to force further write-downs in Q3.
[08:16] {Threei} - WSJ believes that Lehman and Merrill are the most vulnerable to an industry slowdown.
[08:16] {Threei} - Consolidation in the investment banking sector could leave the industry with about six major full-service players.
[08:16] {Threei} - With respect to Fannie Mae and Freddie Mac, the WSJ notes that Freddie Macs preferred shares already trade at less than half of their issue price and that suggests no preferential treatment if the government ends up bailing out the mortgage GSEs.
[08:18] {Threei} KUWAIT OIL OFFICIAL SAYS PUMPING AT 2.53M BPD, HAS SPARE CAPACITY OF 200K BPD, ON TRACK TO INCREASE H1 2009 CAPACITY BY +20% TO 3M BPD
[08:18] {Threei} - Currently awaiting final approval from China for new 300K bpd refinery
[08:18] {Threei} - Expects to sign new contracts with oil majors by the end of 2008{USO UNG}
[08:19] {Threei} 03:17am [LDK] Reaches 1.0 GW wafer production capacity, Guides FY09 Rev $2.8-3.0B v $2.43B
[08:48] {Threei} REPORTEDLY NAWAZ SHARIF'S PARTY HAS PULLED OUT OF PAKISTAN'S RULING COALITION - UNCONFIRMED REPORT
[08:48] {Threei} - Note that overnight, the WSJ reported Pakistan's governing coalition is on the verge of collapse.{GLD}
[08:52] {Onix} Good morning RT
[08:52] {Threei} Good morning
[08:53] {Threei} USO is spiking
[08:53] {Threei} maybe little short UAUA
[08:54] {Threei} UPDATE: REPORTEDLY IMF NOTES PREPARED FOR A G20 MEETING CUT 2008 EURO ZONE GROWTH FORECAST TO 1.4% FROM 1.7%, AND 2009 FORECAST TO 0.9% FROM 1.2% -- UNCONFIRMED REPORT
[08:54] {Threei} - also trims 2008 world growth forecast to 3.9% from 4.1%, and 2009 to 3.7% from 3.9%
[09:02] {GeoArb} gm
[09:02] {Threei} morning Geo
[09:06] {Threei} LEH looks unhealthy
[09:06] {Threei} (again)
[09:07] {Threei} 08/24/08 06:13pm
[09:07] {Threei} [LEH] Lehman Brothers Holdings Inc Summary: The latest on the potential Lehman/Korea Development Bank deal
[09:07] {Threei} - The London Times reports that the Korea Development Bank (KDB) has refused to rule out bidding for Lehman Brothers, but has hinted that any approach would not be imminent. In an interview over the weekend, KDB sought to play down an earlier statement in which it had said that it was open to an approach on the bank. "We are just at an early stage of privatization, and we are weak at investment banking by international standards. In the long term, we should strengthen that weakness," said a representative of KDB.
[09:07] {esemde} morning
[09:08] {Threei} ese :)
[09:08] {esemde} how the mighty fall.....
[09:08] {Threei} with thunder?
[09:10] {Threei} oh wake up.... this is my first attempt at humor, I need little encouragement on Monday morning
[09:10] {Threei} eyelids are too heavy
[09:11] {Onix} they fell ... "splat!"
[09:12] {Threei} like USO
[09:13] {Threei} watching UAUA reaction
[09:13] {Threei} working assumption so far is,
[09:13] {Onix} CNBC talking about second wave of credit crunch
[09:13] {Threei} uncoupling between USO and UAUA started, with negative bias for UAUA
[09:13] {Threei} we saw lat week how it weakened despite USO drop
[09:14] {Threei} so either it starts traading on its own and we have no leading indicator for it anymore,
[09:14] {Threei} or it drops with USO strength while not really goes up with USO weakness
[09:15] {Threei} Third option is, that day was a fluke, and corellation is intact
[09:15] {Threei} will see
[09:16] {dino} gm all
[09:16] {Threei} dino :)
[09:17] {magoo} morn
[09:17] {Threei} magoo :)
[09:17] {Threei} slacker
[09:17] {Threei} people were looking desperately for you on Friday
[09:18] {Threei} wanted to slap someone with a trout
[09:18] {Threei} and you were not here
[09:18] {Threei} (hint: you made laserdave miserable)
[09:18] {fernp} Good morning all
[09:18] {Threei} fern :)
[09:19] {Threei} ISCan users, everyone got e-mail over weekend?
[09:21] {peterg} gm all; yes to email
[09:21] {Threei} peter :)
[09:22] {Threei} as much as premarket chart can be trusted, LEH is short under .64 with stop above .80
[09:22] {Threei} opening tends to be supervolastile for it
[09:24] {cosmo} GILT seems to hold 7.50 ..so far fwiw
[09:25] {magoo} what, laser was getting magoos share of slaps?he he
[09:25] {Threei} oh, he has enough on his own... he just didn't have you to reciprocate
[09:25] {magoo} ahhhhhhhhh
[09:26] {Onix} yes thanks, got iscan email
[09:26] {Threei} :)
[09:27] {Threei} FNM, 4.50 breakdown is tempting short
[09:27] {Threei} maybe good idea to skip first minutes and let market exhaust it's opening volatility
[09:28] {Threei} hard to tell... dying days of August
[09:28] {GeoArb} anyone in LEH?
[09:28] {cosmo} dying?
[09:29] {Threei} if you are in, keep stop above .80 religiously and look for fast spike down to cover, Geo
[09:30] {judijim} good morning all
[09:30] {Threei} jj :)
[09:31] {magoo} vad, u watching LDK?
[09:32] {dino} hway
[09:32] {Threei} yes mags but not to play it itself,
[09:32] {Threei} rather as leading indicator for SOLF
[09:33] {GeoArb} uaua oil seems intact
[09:33] {magoo} well solf looking to bounce
[09:33] {Threei} SOLF sold off sharply
[09:33] {Threei} looks attractive
[09:33] {Threei} tough to time it yet
[09:33] {Threei} .50 breakl
[09:33] {Threei} stop under .30
[09:33] {magoo} .49
[09:34] {GeoArb} wow fast and big spread
[09:34] {Threei} feel free to take profit
[09:35] {magoo} out .74 TY
[09:35] {Threei} morning warm-up
[09:35] {GeoArb} magoo curious? you bid or lifted offeR?
[09:35] {magoo} yeah, my entry was slow
[09:35] {magoo} lol
[09:36] {magoo} i just saw it moving , momo coming in and took .49 offer
[09:37] {magoo} when i wanyt in i want in
[09:37] {magoo} ill talke offer
[09:37] {GeoArb} ok lifted offer... really quick magoo :)
[09:37] {Threei}
Long Setup:
0,3 CPSL .15 trigger if stays above 5
[09:37] {magoo} all day trade vasd?
[09:37] {Threei} yes
[09:37] {magoo} ugg
[09:38] {magoo} solf just then stretched my time allotment
[09:40] {Threei} what's with MITI?
[09:40] {esemde} long NVDA again .44
[09:41] {dino} hway sm l .40
[09:42] {Threei} solars are strong
[09:43] {esemde} very
[09:43] {magoo} but FSLR down
[09:43] {dino} spwr too
[09:43] {esemde} my entire screen is green
[09:44] {Threei}
3,0 Attention: CPSL 1:1, half out, stop for the balance to 5.09; scalpers take profit
[09:45] {magoo} dammit, that WAS NOT all day
[09:45] {Threei} sorry
[09:45] {fernp} out. TY Vad
[09:45] {GeoArb} nice vad
[09:45] {Threei} welcome
[09:45] {GeoArb} erase my LEH fat finger
[09:46] {Onix} out CPSL for 17c thanks Vad
[09:46] {Threei} want to see if .32 bid is real
[09:46] {Threei} hmm... it is
[09:46] {esemde} gj onix
[09:46] {Threei} onix :)
[09:46] {GeoArb} looks real
[09:46] {GeoArb} counting dwon
[09:49] {Threei} SQNM?
[09:49] {Threei} 40 cents spike, no news
[09:51] {GeoArb} tol? DBI?
[09:53] {Threei} .45 short if holding below .60
[09:53] {magoo} which?sqnm
[09:53] {Threei} answerin Geo on TOL
[09:53] {dino} wynn
[09:54] {Threei}
3,0 Attention: CPSL stop to .14 for the balance
[09:56] {esemde} nice move by cpsl
[09:58] {Threei}
3,0 Attention: CPSL 1:2, 1/4 more out
[09:58] {Threei} stop to .19 for the balance
[09:58] {GeoArb} i feel small as a scalper
[09:58] {Threei} nothing's wrong with Monday morning scalp
[09:59] {GeoArb} i made an interesting mistake in LEh.... was modifying my stop and sent it at current price hehehehe
[09:59] {GeoArb} -93
[09:59] {Threei} why do you need hard stop on such a trade?
[10:00] {GeoArb} was a mistake...
[10:00] {dino} cedc sm l .80
[10:00] {Threei} *JULY EXISTING HOME SALES: 5M V 4.91ME
[10:00] {GeoArb} back in black
[10:00] {Threei} wow
[10:00] {Threei} housing crisis is over... life is good again
[10:01] {GeoArb} economist had an article on some numbers looking better
[10:01] {Threei} I mean, you are right here, it's a fast trade likely to resolve in minutes if not seconds
[10:01] {Threei} why mess with software instead of keeping manual stop
[10:01] {GeoArb} i had to ummm.. take a break :)
[10:02] {Threei} - July Median Existing Home Price: -7.1% y/y to $212K from $215K{XHB }
[10:02] {peterg} manual stop = finger?
[10:02] {GeoArb} yup
[10:03] {Threei} RMBS
[10:03] {Threei} TICKING HIGHER ON RENEWED TAKEOVER CHATTER
[10:04] {Threei} market is locked in narrow range
[10:05] {dino} cedc stopped -.34
[10:05] {esemde} CPSL has a good looking Daily also vad
[10:06] {Threei}
Consider Buying:
1,8 USO small shares above .15 if holding 93
[10:06] {esemde} was that a factor in buying
[10:06] {Threei} certainly
[10:06] {Threei} .15 was a break on daily
[10:06] {esemde} nice
[10:06] {Threei} 5.14 high from 08/15
[10:09] {esemde} NVDA has that look on it's 15min chart......
[10:09] {Threei} USO invalidated
[10:09] {Threei} don't see much enthusiasm on UAUA though
[10:09] {Threei} old times it would have spiked on such USO drop
[10:10] {Threei} trying now
[10:11] {Threei} still observing it, not sure it's playable
[10:11] {dino} nnbr
[10:13] {magoo} vad, news AAPL?
[10:17] {Threei} no
[10:18] {esemde} vad dcc please
[10:22] {Threei}
Long Setup:
0,3 SOLF .30 half lot if stays above .15
[10:24] {dino} pcln v sm l .05
[10:29] {dino} out hway .90, +.50
[10:30] {Threei} wtg
[10:30] {dino} ty
[10:30] {Threei} I guess I was too careful on UAUA, eh?
[10:38] {Threei}
Short Setup:
0,4 LEH .29 if stays below .40
[10:38] {GeoArb} wow what a drop
[10:38] {Threei} that was fast
[10:39] {Threei} don't chase it down, try to offer into bounce
[10:39] {Threei} in .18
[10:39] {Threei} .41 stop
[10:39] {Threei} needs to lose .20 for a nice continuation
[10:40] {Threei} sorry, in .28
[10:40] {GeoArb} vad i am confused....
[10:40] {GeoArb} thanks
[10:40] {GeoArb} i was thinking hows that not chasing
[10:40] {GeoArb} :)
[10:40] {Threei} especially considering it never went there, lol
[10:40] {GeoArb} yeah you must have access to the super secret ECN
[10:41] {Onix} in ss LEH .27
[10:48] {Threei} .40 resistance rejected LEH nicely so far
[10:49] {GeoArb} yes comon
[10:52] {Threei} holding too well during this market drop
[10:52] {Threei} would expect it to make new low already
[10:59] {GeoArb} me thinks we overstayed welcome...
[10:59] {Threei} looks like
[10:59] {Threei} stopped
[10:59] {GeoArb} out 41
[10:59] {dino} v sm wide l wynn .60
[10:59] {GeoArb} too many vested intrests in LEH
[11:00] {Onix} stopped out LEH -14c
[11:00] {GeoArb} you had a much better entry Onix
[11:01] {Threei} where did you enter?
[11:01] {Onix} yes, got in on little pullback
[11:01] {Onix} 13.27
[11:01] {GeoArb} i got filled at 22
[11:01] {esemde} electronics...go figure....was cut off again....i think i'm back
[11:01] {Onix} out @ .41
[11:01] {Threei} wow... you use market orders or what?
[11:01] {GeoArb} no a 5 cent sweep
[11:02] {Threei} 5 cents is abit too much for a play with 12 cents stop
[11:02] {GeoArb} i will revisit my order settings
[11:02] {Threei}
3,0 Attention: OUT cpsl in full
[11:02] {GeoArb} sheesh
[11:02] {Onix} wtg!
[11:02] {Threei} ty
[11:03] {Threei} +.44, not too shabby for $5 stock
[11:03] {GeoArb} 10%
[11:03] {GeoArb} thats just greedy
[11:03] {esemde} well done vad....and whomever else....
[11:03] {Threei} Greed is good (G.Gekko)
[11:04] {esemde} the man knew what he was talking about
[11:04] {Threei} :)
[11:05] {Threei} UAUA sizeable pullback
[11:06] {esemde} patience....the Oak Bay police caught that fellow who escaped from the Nanaimo jail at the Dairy Queen.....Thats just out your back door ....
[11:06] {GeoArb} so he went in for ice cream?
[11:07] {esemde} yes apparently
[11:07] {esemde} the criminal mind at work
[11:07] {Onix} what a sucker
[11:07] {patience} i can understand that, DQ is good
[11:07] {Roman}
21 STSI Star Scientific wins reversal of Tobacco patent verdict- Bloomberg (2.36 +0.69)
[11:08] {Roman}
21 goes to $7
[11:09] {esemde} whoaaaa......thats a jump
[11:10] {GeoArb} osip
[11:10] {Threei} TICKS UP AFTER US APPEALS COURT REVERSES AND REMANDS RULING IN CASE WITH RJ REYNOLDS OVER TOBACCO RELATED PATENTS
[11:10] {Threei} - "we reverse the district court's judgment of unenforceability of both asserted patents due to inequitable conduct. We also reverse the district court's grant of summary judgment of invalidity of all asserted claims due to indefiniteness and remand for further proceedings on the infringement complaint consistent with this opinion."
[11:10] {Threei} STSI that was
[11:10] {GeoArb} ndsn
[11:11] {GeoArb} oops
[11:11] {Threei} why 7 Roman?
[11:12] {Roman}
21 just looking at monthly
[11:12] {esemde} thats my question as well....
[11:12] {Roman}
21 that's where it jumped last time on the same news
[11:15] {esemde} interesting jump down in the TICK.....-1700 now allmost 200% there for a second
[11:18] {dino} lyme disease
[11:18] {esemde} too funny......
[11:18] {dino} :)
[11:19] {Threei} lol
[11:19] {Threei} just got it... I am slow today
[11:19] {GeoArb} i am still trying
[11:19] {GeoArb} ok :)
[11:20] {dino} really wasn't that good
[11:20] {Threei} consider the audience dino... we don't need much
[11:20] {esemde} dino's using that razor sharp wit the same way he picks bottoms in capitulations
[11:21] {dino} going to flaa asleep is what i'm going to do
[11:21] {dino} fall
[11:22] {dino} sm l odfl .00
[11:22] {peterg} odfl
[11:22] {esemde} happened to me for the first time last week....dozed off around noon and when i woke up you were all gone...
[11:23] {dino} lol
[11:24] {dino} odfl
[11:24] {Chaeron} be happy we didn't stick your hand in a bowl of warm water... :) good morning all
[11:24] {dino} gm
[11:24] {GeoArb} warm water hmmm
[11:24] {GeoArb} chaeron's being polite
[11:25] {esemde} CCCCCHHHHHHH BABY!!!!!!!!!\
[11:25] {Chaeron} heheheh... heyya ese!
[11:26] {esemde} man my screens are showing zilch today...........does that mean it's over analyze time?
[11:27] {dino} thin week imo
[11:27] {dino} should get ridiculous moves
[11:27] {peterg} finally august before september; who knows about sept?
[11:28] {peterg} the shadow knows
[11:28] {dino} ahhh, indeed he does
[11:28] {esemde} worst month for the market
[11:28] {esemde} historically
[11:28] {dino} last try cedc sm l .20
[11:28] {esemde} sorry...i;m wrong
[11:28] {esemde} october
[11:29] {esemde} FEED......break of .65 per chance
[11:29] {dino} means nothing
[11:30] {esemde} that should be your best month dino
[11:30] {esemde} all that panic
[11:30] {dino} oct and nov last year
[11:30] {esemde} you'd be eating it up
[11:30] {dino} worst last two years is june
[11:31] {esemde} puor quo....
[11:31] {esemde} pour quo...sorry
[11:31] {GeoArb} perke?
[11:32] {esemde} ha ha
[11:38] {dino} cedc stop to .65
[11:39] {dino} to .70
[11:40] {dino} to .80
[11:42] {dino} out slippage .76, +.56
[11:43] {esemde} another nice one dino
[11:44] {dino} ty es, lucky
[11:45] {dino} out wynn .22, +.62
[11:49] {Onix} FNM is moving well today?
[11:50] {Threei} pains me to say... but yes
[11:50] {Threei} I just can't bring myself to buy it today, lol
[11:52] {dino} because tomorrow it may be worthless'
[11:53] {Threei} more inclined to short them and no setup appeared
[11:53] {GeoArb} now?
[11:54] {Threei} ?
[11:54] {GeoArb} :0 es high oil low.....
[11:54] {GeoArb} oops
[11:54] {GeoArb} es low oil high
[11:54] {GeoArb} ok i am taking the day off
[11:54] {Threei} lol
[11:56] {Threei} marketis breaking down
[11:56] {GeoArb} see now? (i knew)
[11:58] {GeoArb} broke the low....
[11:59] {GeoArb} mgm on lows
[12:00] {dino} watching pcar, umbf, cpla fwiw
[12:01] {Threei} LEH won't break down with market
[12:02] {GeoArb} those koreans and their money
[12:02] {GeoArb} sheesh
[12:03] {GeoArb} wow oil
[12:07] {GeoArb} .
[12:10] {Threei} either market is less fun today or I can't wake up
[12:10] {GeoArb} off to work
[12:11] {GeoArb} LEH wasnt playing nice today
[12:11] {GeoArb} thanks vad
[12:11] {GeoArb} bye
[12:11] {Threei} nah, must be market... I never woke up last week either but trading was pure unbridled fun
[12:11] {dino} dji needs about 80 more down imo
[12:11] {Threei} take care Geo
[12:11] {dino} cya goe
[12:11] {dino} geo
[12:16] {dino} here it comes
[12:20] {dino} this market is funny. goes up 300 points in 2 days then gives it right back over and over
[12:24] {Threei} yeah, aimless wandering
[12:24] {Threei} nonetheless, good on intraday basis
[12:24] {Threei} can't find much today
[12:25] {Threei} if market recovers, look for another scalp on CPSL
[12:26] {Threei} .41 trigger if stays above .30
[12:26] {dino} not really aimless, pull up the dji,rough;y 11700 to 11300 for about 50 days
[12:31] {dino} pcar sm l .52
[12:33] {dino} cpla sm l .50
[12:33] {dino} spready
[12:37] {Threei} good thing I kept myself from attempt to re-short LEH as it retested the low
[12:37] {Threei} too bad didn't go long, lol
[12:46] {dino} brb
[12:52] {dino} pcar stuck, tighten stop to .37
06[12:57] * Threei slaps laserdave1 around a bit with a large trout
06[12:57] * Chaeron slaps laserdave1 around a bit with a large trout
[12:58] {Threei} dave, magoo is asleep
[12:58] {Threei} care to wake him up?
[12:58] {Threei}
Consider Buying:
1,8 UAUA .51
[12:59] {Threei} .34 stop
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {Threei} UPDATE: OPEC SOURCE REPORTEDLY NOTES THAT OPEC IS NOT LIKELY TO ADJUST OUTPUT AT UPCOMING SEPT 9 MEETING - UNCONFIRMED REPORT
[13:00] {Threei} {USO}
[13:01] {magoo} in uaua vad
[13:01] {magoo} .51
[13:07] {Threei} feel free to take scalp as you see fit
[13:07] {Threei} I am out .65
[13:07] {peterg} ditto
[13:07] {Threei} easy money
[13:08] {Threei} sin not to take it
[13:08] {Threei} I am no sinner
[13:08] {peterg} praise be
[13:09] {Threei} day took too much of my patience to stay on a sideline
[13:09] {Threei} gootta take easy readable setup as a gift
[13:16] {esemde} have a great rest of the day......off to work
[13:17] {Threei} take care ese
[13:17] {fernp} bye ese
[13:34] {patience} is3
[13:38] {dino} pcar stop to .69
[13:38] {dino} cpla stop to .95
[13:46] {dino} out cpla ave .95 +.45
[13:47] {dino} out pcar .75, +.25
[13:47] {dino} .23 i mean
[13:50] {dino} knsy
[13:59] {Threei} flatile
[14:00] {Threei} ummm
[14:00] {dino} flatulence?
[14:01] {Threei} translation: flatline
[14:02] {Threei} FEED interesting consolidation
[14:02] {dino} rock
[14:02] {Threei} ideally, if it finishes here and breaks today's high tomorrow morning, I'd be all over it
[14:03] {magoo} news ROCK vad?
[14:03] {Threei} nothing fresh
[14:03] {dino} nope
[14:05] {dino} seems i'm waiting too low
[14:17] {Threei} yawn
[14:29] {Threei} don't see any news for this pil spike
[14:30] {Onix} Vad, your opinion please on trading Nasdaq stocks vs listed stocks?
[14:31] {Threei} not much difference anymore
[14:31] {Threei} used to be big difference
[14:31] {Threei} now that listeds are populated withECNs mostly, same thing
[14:31] {magoo} read on LDK vad?
[14:31] {Onix} ty
[14:32] {Threei} set routing to ISLD, make sure you have route out checked, you will bet practically same wxecutions
[14:32] {Threei} I don't have read on it mags, sorry
[14:32] {Threei} listless chart
[14:32] {Onix} ty
[14:33] {dino} onix, i play them, just notice more slippage of hard stops
[14:34] {peterg} hard as opposed to manual?
[14:34] {peterg} i.e. entered as order for future
[14:34] {dino} y
[14:34] {peterg} tks
[14:34] {Threei} what your stops are routed through dino?
[14:34] {Threei} if you can see that
[14:35] {dino} smartes/schwab cyber
[14:36] {Threei} do you have an option to switch to particular route instead of smart?
[14:36] {dino} not for shorts
[14:37] {Threei} OK... probably that's why, smart routes are a bit less efficient
[14:37] {dino} overall, works fine, just listed i manually hit
[14:38] {Threei} yup... and most likely no noticeable difference on NASDAQ
[14:38] {Threei} between manual and hard I mean
[14:39] {dino} correct
[14:46] {peterg} etymological derivation of "hard" for this usage, pls?
[14:46] {peterg} fingers are soft?
[14:47] {Threei} hardwired vs mental?
[14:47] {dino} when i say hadr stop, i mean it is entered
[14:47] {peterg} I get that, i am asking philosophical question.
[14:47] {peterg} historical type
[14:47] {Threei} dino... he thinks we can read, you see
[14:48] {peterg} how does this linquistic usage arise?
[14:48] {dino} i'm lost
[14:48] {peterg} who started saying hard stop?
[14:48] {peterg} you, dino?
[14:48] {dino} books and traders years ago
[14:48] {Threei} no, that's common definition
[14:49] {peterg} that would qualify as source, but we don't know what the appeal of "hard" was
[14:49] {peterg} ill shutup
[14:50] {Threei} lol
[14:50] {dino} remember peter, i try not to think, rather react
[14:50] {Threei} I pretend that I try not to think... in rality it comes quite naturally tome
[14:50] {peterg} good point
[14:50] {Threei} just like bad typing
[14:51] {peterg} I tried watching mkt this am with music on headphones.
[14:51] {peterg} it seemed good.
[14:51] {peterg} jj cale
[14:51] {Threei} trading require depth of thinking of "tree good, fire bad" kind
[14:51] {Threei} requires
[14:51] {dino} magoo and i het the music at 9:30 am, all day, cnbc on mute, or sports on....
[14:51] {dino} the news w/mess w/your trades imo
[14:52] {dino} hit the music
[14:52] {Threei} I think I know the answer but I'll ask anyway... if CNBC on mute, why on at all?
[14:52] {dino} lol, right now vh1
[14:53] {dino} think about it, all pre-market cnbc talking heads were we are out of the abys
[14:53] {dino} that will screw you up
[14:54] {peterg} news business is fear business
[14:54] {dino} who knows or cares if the "lows" are in, we had a 250 point down move and they had you loading up
[14:54] {Threei} qhwen the next stage of credit crunch, bank write-offs and bankruptsies comes, taking market much lower... how are those optimists going to justify their cheerleading?
[14:54] {dino} so.....put the music on when trading
[14:55] {peterg} I likes it
[14:57] {Threei} I am not in the end of the world camp, we will bottom out and have a very nice rally
[14:57] {Threei} but we are not there yet
[14:57] {peterg} Is Bill Cara still strong on holding bullion?
[14:58] {Threei} I don't really track gold-related topics
[14:58] {dino} dk
[14:58] {Threei} if I remember correct, he was no jazzed about it for now
[14:58] {dino} and yes vad, this too will pass
[14:59] {Threei} yeah... this time
[14:59] {Threei} but honestly,
[14:59] {Threei} policies must change
[14:59] {peterg} what policies
[14:59] {Threei} USA flirts with financial disaster too close for comfort
[14:59] {dino} but in the keep it simple dino plan.....do not listen to them when trading, get in "your" own zone
[15:00] {Threei} policies regarding credit, derivatives, spending
[15:00] {peterg} if we be goin down, let us be goin down tradin
[15:00] {peterg} ya yua ya live for today
[15:00] {Threei} deepening dept, free-for-all money printing
[15:00] {peterg} of course on serious note your right
[15:00] {peterg} time for serenity prayer
[15:01] {Threei} in Seinfield speak, Serenity NOW!!!
[15:01] {dino} none of it matters, just trade
[15:01] {peterg} here here to all
[15:01] {dino} they will do what they do
[15:02] {peterg} yep
[15:05] {Threei} here is an illustration to what dino says
[15:06] {Threei} had I not had this negative bias on financials, we would probably go long LEH and FNM at some point
[15:07] {Threei} [15:01] {dino} none of it matters, just trade {--- truer words were never spoken
[15:07] {dino} see, those are too crowded for my "way". too much thinking w/them
[15:07] {dino} i prefer the idiot set-ups
[15:08] {dino} watching wynn
[15:24] {Threei} if NQ finally breaks down, BRCM short for a scalp
[15:24] {Threei} bounced a bit on dropping volume, forming bear flag
[15:25] {Threei} closest resistance is.25
[15:28] {Onix} BRCM ss @ 26.09 if NQ drops?
[15:28] {Threei} no, I wouldn't chase it there
[15:28] {Threei} rather looking for a situation where NQ drops while BRCM gives little delay
[15:28] {Threei} so we can short it closer to resistance
[15:28] {Threei} keeps stop tighter
[15:29] {Onix} ok ty
[15:32] {Threei} looks like break's coming
[15:32] {Threei} in
[15:32] {Threei} .26 stop
[15:32] {Onix} in @ .19
[15:40] {Threei} quite boring day
[15:40] {Threei} happens often on Mondays, let's hope market wakes up tomorrow
[15:43] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[15:44] {dino} ok i was a bit early on my 80 extra points
[15:44] {dino} 40 to go
[15:49] {Onix} stpped
[15:53] {Threei} there is always tomorrow dino
[15:55] {dino} y
[15:56] {dino} i will be here. ok day just dead afternoon
[15:56] {Threei} yeah
[15:56] {Threei} morning was also not as active as last week
[15:58] {dino} most likely this way all week, reminds me of friday
[15:58] {Threei} could be, last week of August
[15:58] {Threei} long weekend looming
[15:59] {Threei} anyway... we will take what we can find and wait patiently for more
[15:59] {Threei} OK guys, thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {dino} out odfl .95 -.05
[16:00] {Onix} ty Vad ... enjoyed the day with you all, bye
[16:00] {dino} l8r onix
Monday, August 25, 2008
Friday, August 22, 2008
Aug 22 2008
Session Time: Fri Aug 22 00:00:00 2008
[08:05] {hawkfan4} good morning
[08:05] {Threei} Good morning
[08:06] {Threei} LEH
[08:06] {Threei} PRE-MARKET STRENGTH BEING ATTRIBUTED TO REPORTS KOREA'S DEVELOPMENT BANK (KDB) CONSIDERS CO. AN OPTION FOR AN ACQUISITION
[08:06] {Threei} Reminder Overnight an articl in South Korea's Chosun noted that Korea Development Bank had been in talks to buy a stake and management rights in Lehman, but failed to reach an agreement due to concerns about the financial health of Lehman.
[08:06] {hawkfan4} sometimes it pays to get up early. Got LEH at 14.76, just sold 1/3 at 15.70
[08:07] {Threei} wtg
[08:07] {Threei} I slept in
[08:07] {Threei} WARREN BUFFETT: SAYS IS NOT POSITIONED AGAINST THE DOLLAR AND EQUITIES ARE MORE ATTRACTIVE THAN THEY WERE A YEAR AGO - CNBC INTERVIEW
[08:07] {Threei} - Fed Chairman Bernanke does not have a "magic wand" for solving the problems of the US economy.
[08:07] {Threei} - Berkshire has no bets against the USD or any direct currency plays, believes USD strength will not last if current account deficits continue, yet does not see the USD falling in the short term
[08:07] {Threei} - Repeats that there is a "reasonable chance" shares in the GSEs will be wiped out
[08:07] {hawkfan4} thx, pure luck, i just saw it moving and grabbed it
[08:07] {Threei} cobra instinct
[08:13] {hawkfan4} yeah, i figured something must be up the way it was moving. out .66, was too busy bragging when i should've been selling
[08:14] {Threei} I still can't believe the summer trading e had
[08:15] {Threei} we
[08:15] {hawkfan4} no kidding. I can't believe this is August.
[08:16] {Threei} with so much turbulence in various areas, market once again proved that the only constant thing about it is a constant change
[08:28] {hawkfan4} watching UAUA for a short if oil pops back over 120
[08:32] {pita} gm all
[08:33] {Threei} pita :)
[08:38] {pita} thoughts INTC Vad? wireless transmission of electricity, interesting
[08:38] {Threei} this news is floating out there for a few days already
[08:39] {Threei} NYT just got to it
[08:39] {Threei} also,
[08:39] {Threei} 08/21/08 07:07pm
[08:39] {Threei} [MU] Micron Technology Inc Production at MU/INTC Singapore chip plant will be delayed - unconfirmed report
[08:39] {Threei} - The two companies will delay output of NAND chips due to weak pricing trends.
[08:39] {Threei} - On 5/4, Intel said that it expected the Singapore plant to delay output by 6 months and the jv had expected that output would begin by mid 2009.
[08:40] {Threei} I think this INTC gap is simply market gap
[08:54] {cosmo} BCSI
[08:55] {cosmo} # Blue Coat swings to fiscal 1Q loss, meets viewsAP(Thu 5:46pm)
[08:56] {Onix} Good morning
[08:56] {Threei} cosmo, onix :)
[08:56] {cosmo} 3i:)
[08:59] {brian3579} gm
[09:00] {Threei} brian :)
[09:00] {Threei} we have Bernarke speaking today on financial woes
[09:01] {Threei} 10 am
[09:03] {dptl} good morning all
[09:03] {Threei} dp :)
[09:04] {patience} good morning RT :)
[09:05] {Threei} patience :)
[09:17] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {tomg} gm all
[09:18] {Threei} tom :)
[09:20] {peterg} morning
[09:20] {Threei} peter :)
[09:22] {fernp} Goog morning all
[09:23] {Threei} fern :)
[09:26] {cosmo} BSCI pre mkt high = 18 fwiw
[09:28] {Onix} cosmo, fwiw?
[09:28] {cosmo} for what its worth
[09:28] {Onix} ty ... BSCI?
[09:28] {Threei} BCSI
[09:28] {cosmo} 18.10 now
[09:30] {dino} met estimates
[09:31] {cosmo} its called an 'open break'
[09:32] {cosmo} fwiw
[09:32] {judijim} good morning all
[09:33] {Threei} jj :)
[09:34] {esemde} morning...
[09:34] {Threei} ese :)
[09:35] {Threei}
Long Setup:
0,3 UAUA .21 if stays above .10
[09:35] {Threei} verify with USO
[09:36] {Threei} over 1:1
[09:37] {dino} snps sm l .30
[09:38] {Threei} same setup once again
[09:42] {Threei} USO breakdown
[09:42] {Threei} UAUA getting refuelled
[09:43] {Threei} stop to .14
[09:45] {Onix} in UAUA a little early @ 12.28 sm shares
[09:45] {dino} cphd
[09:46] {dino} sm l .65, stop .33
[09:46] {Threei} UAUA wsorked again for a scalp and seems not done, half out
[09:46] {Threei} .28 is a somewhat "not here not there" entry
[09:46] {Threei} stop to .10 for the balance
[09:46] {Threei} .19, sorry
[09:47] {dino} pery blood
[09:47] {Threei} out in full UAUA
[09:48] {hawkfan4} nice one, thx
[09:48] {Threei} welcome
[09:48] {Threei} where is magoo... he would be all over this trade
[09:48] {tomg} ty vad
[09:48] {Threei} tom :)
[09:49] {Onix} ty Vad , got 19c
[09:49] {dino} he took the day off
[09:49] {Threei} onix :)
[09:50] {Threei} slacker...
[09:50] {dino} indeed. as i never miss a day
[09:50] {peterg} btw, i wont be here tomorrow
[09:50] {dino} lol
[09:51] {dino} yeah, me too, lawn mowing duty
[09:51] {Threei} that's it
[09:51] {Threei} I won't be here tomorrow AND the day after
[09:51] {Threei} here, take this
[09:51] {dino} cphd stop to .03
[09:51] {dino} pery feels like 15 coming
[09:52] {dino} snps not moving, tighten to .08
[09:54] {dino} cybx drop
[09:58] {dino} out cphd .00, +.35
[10:00] {esemde} too funny boys ...too funny....
[10:01] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50
[10:05] {dino} isys sm l .23, risky
[10:15] {dino} isys stop to .63
[10:16] {dino} ton .80
[10:16] {dino} to
[10:17] {Threei} ED'S BERNANKE: WILL ACT AS NEEDED FOR NEAR TERM PRICE STABILITY, ECONOMY WILL PERFORM BELOW POTENTIAL FOR QUITE SOME TIME
[10:17] {Threei} - Notes that inflation is attributed to the recent increase in commodity prices, recent commodity and USD trends are likely to have a dampending effect on inflation
[10:17] {Threei} - Sees inflation outlook as uncertain but inflation will fall towards the end of the year and into 2009
[10:17] {Threei} - Comments that the Fed funds rate currently is low despite inflation
[10:17] {Threei} - Remarks the the economy is softening and the unemployment rate is rising
[10:17] {Threei} - Feels as thought the Treasury is best suited to handle non-bank failures, and countervailing actions are needed to address the moral hazard issue
[10:18] {cosmo} moral hazard?
[10:18] {Threei} governemtn bailout are usually referred as such
[10:18] {dino} yeah, you know, booze, strip clubs, tobacco
[10:18] {cosmo} hmmm
[10:18] {dino} lol
[10:19] {dino} the guys' a genius, sheesh
[10:19] {dino} isys to .93
[10:19] {Threei} since they create an environment where private enterprises feel they have a garantee of risk being eliminated at taxpayer expense
[10:19] {Threei} I'll keep the profit and we will share the losses
[10:19] {dino} exactly, should've let them fail already, get it over with
[10:20] {dino} just like no shorts for financials, give me a break, to let insiders out, then crush public
[10:20] {cosmo} cans of worms they are
[10:20] {dino} out isys slip, ave. +.65
[10:21] {dino} fwiw, my hard stops are slipping today...thinner market?
[10:21] {dino} ok ,my rants are done
[10:23] {Threei}
Long Setup:
0,3 LEH .71 if stays above .60
[10:26] {esemde} long CTXS....1/2 lot .02....thin
[10:27] {Threei}
3,0 Attention: LEH 1:1
[10:27] {Threei} half out
[10:27] {dptl} +.10 leh ty
[10:27] {Threei} welcome
[10:28] {fernp} out +.11 TY
[10:28] {Threei} :)
[10:28] {esemde} stop .88
[10:29] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50 and USO helps
[10:30] {Threei} in
[10:35] {Threei} stopped
[10:35] {fernp} stopped
[10:35] {peterg} yup
[10:36] {pita} sadly yup
[10:39] {Onix} got 7c at last in LEH
[10:40] {Threei} oil fast drop
[10:41] {dino} .
[10:41] {dino} sm l cybx .61
[10:43] {dino} stop is .23 fwiw
[10:52] {dino} ndsn
[10:53] {dino} snps stop to b/e
[10:54] {Threei} poor souls
[10:54] {Threei} how do they tie the laces on their shoes
[10:54] {Threei} sorry, wrong window
[10:58] {peterg} velcro
[10:59] {esemde} nice dino.....cybx
[10:59] {dino} cybx stop to b/e
[11:02] {dino} snps stopped +.05
[11:04] {Onix} UAUA & USO now in kahoots?
[11:04] {Threei} relation certainly is not what it used to be
[11:04] {Threei} that's why I backed off
[11:04] {Onix} moving together and not opposite?
[11:05] {esemde} out ctxs .92 -.10....definately not doing what i want
[11:07] {esemde} how long will you let cybx run dino?
[11:11] {dino} just stopped at .89, +.28, wanted it to get thru .00, but no go
[11:12] {dino} will watch it
[11:12] {dino} stingy w/this market
[11:12] {dino} but it's working very well
[11:12] {dino} damn there she goes
[11:13] {esemde} are you going to buy a break of 23
[11:13] {esemde} just noticed it
[11:13] {dino} bcsi
[11:13] {dino} no
[11:13] {dino} s bcsi .50 sm, stop .83
[11:14] {dino} i will re-load cybx around 22.40, if she goes there
[11:15] {dino} watching ndsn, cedc for fast drops and bounce
[11:15] {Threei}
Short Setup:
0,4 FNM .39
[11:16] {Threei} if stays below .50
[11:16] {Threei} two stop levels, .51 and .61
[11:16] {Threei} both are valid
[11:21] {Onix} ss FNM valid again under .50?
[11:22] {Threei} hard to tell... needs a bit of new consolidation
[11:22] {dino} besn
[11:34] {dino} bcsi bstop to .43
[11:36] {dino} to .30
[11:36] {dino} cov +.20
[11:37] {Threei} nice one
[11:37] {dino} ty
[11:54] {Threei} (USA) US IS REPORTEDLY DEEPLY CONCERNED REGARDING PLANNED RUSSIAN WEAPONS SALES TO SYRIA
[11:59] {Threei} what's urkel?
[12:02] {dino} cedc sm l .00, stop lod
[12:02] {dino} no make stop .72
[12:05] {hawkfan4} Urkel was the star of Family Matters
[12:05] {peterg} urkel--the sound my car made when it died
[12:05] {peterg} a dish from northern kyrgystan
[12:06] {dino} lol
[12:06] {dino} you can tell it's friday
[12:06] {peterg} im going out to lunch,, a big on at FOgo De Chao--all you can eat meat, good for five poiunds easy
[12:07] {dino} very nice
[12:07] {peterg} plus a long island ice tea
[12:07] {peterg} done for the day
[12:07] {dino} and fits the akins diet
[12:07] {peterg} meat meat and more meat
[12:07] {dino} have fun peter
[12:07] {hawkfan4} lol, enjoy
[12:07] {dino} hillshire farms......"go meat"
[12:07] {peterg} gracias, u 2
[12:08] {peterg} have fun guys, make $$
[12:10] {dino} siren song ndsn
[12:11] {Threei} (RU) RUSSIA DEFENCE MINISTRY SAYS THEY HAVE COMPLETED FRENCH-BROKERED CEASEFIRE AGREEMENT, TROOPS HAVE PULLED BACK TO SOUTH OSSETIA AS AGREED
[12:11] {Threei} - says Russian 'peacekeepers' remain posted in buffer zone outside of South Ossetia
[12:25] {dino} idsa drop
[12:25] {dino} thin
[12:34] {hawkfan4} kinda like USO over 95.40, stop 95.20, but market's pretty whippy
[12:34] {dino} v sm, v risky l ndsn .50
[12:41] {dino} stop is .17 fwiw
[12:59] {dino} i'm thinking, the only way to stop a stock that drops 17 points is to have magoo go long w/you. i wonder if he is trading from somewhere else
[12:59] {Threei} lol
[13:02] {dino} idsa getting gappy
[13:09] {dino} cedc stop to .29
[13:13] {dino} out cedc +.27 slip
[13:16] {dino} v sm idsa l .30
[13:17] {dino} brb
[13:41] {Threei} NY FED: MAKING SMALL ADJUSTMENTS TO DAILY SECURITIES LENDING PROGRAM
[13:41] {Threei} as in?
[13:41] {Threei} banning magoo from borrowing another 12B and stashing them in Swiss bank account?
[13:41] {Threei} I suppose that's why he he is off today... taking care of the matter
[13:48] {dino} yes
[13:48] {dino} most likely you'll see the uptick rule back, imo
[13:50] {Threei} that'll be stupid of them but whatever
[13:51] {Threei} they canned it when, about couple years ago?
[13:51] {Threei} never saw it impacting market direction
[13:51] {dino} last summer i think
[13:51] {Threei} a year then
[13:52] {Threei} and we had some stunning rallies, even thoughshorting became easier
[13:52] {Threei} it's unlimited naked shorting they should be concerned about IMO
[13:52] {Threei} as long as borrowing rules are observed, no reason for concern
[13:53] {Threei} oil another drop
[13:55] {dino} i don't know 3i, perhaps you should let the naked people short, what do cloths have to do w/stocks
[13:55] {dino} those nudist retreats will be hit hard
[13:55] {Threei} you actually make a very good sense
[13:56] {Threei} (as long as they, naked shorters, don't have webcams and I am not forced to watch
[13:57] {Chaeron} isn't it everyone that would see YOU should be scared?
[13:57] {dino} lol
[13:57] {Threei} that too
[13:57] {Threei} NY FED: WILL NOW REPORTEDLY ONLY ACCEPT SECURITIES WITH 13 OR MORE DAYS OF REMAINING MATURITY (VS. PRIOR OF 6 DAYS OR MORE) FOR DAILY SECURITIES LENDING PROGRAM
[13:57] {Threei} - Effective Aug 25
[13:58] {Threei} US TREASURY REPORTEDLY FEELS ANY BACKSTOP EFFORT FOR THE GSES SHOULD AIM TO MAINTAIN SHAREHOLDER OWNED STATUS AS PRIVATE ENTERPRISES - UNCONFIRMED REPORT
[13:58] {Threei} {FRE FNM}
[13:59] {Threei} WHITE HOUSE: PRES. BUSH AND FRANCE PRES. SARKOZY SAY RUSSIA IS NOT MEETING ITS WITHDRAWAL COMMITMENTS AND STATE IT MUST DO SO NOW
[14:00] {dino} you forgot the word "new" on the fre fnm statement. the current will be wiped out
[14:00] {Threei} I am just copy/pasting :)
[14:00] {dino} i am just funnin'
[14:01] {Threei} I know :)
[14:02] {dino} ndsn stopped -.33
[14:07] {fernp} see you all on Monday. Have a nice weekend.
[14:08] {dino} bcsi sm s .81, stop .13
[14:09] {dino} idsa stop to .44
[14:21] {Threei} what a difference a day makes
[14:21] {Threei} just what has changed with oil today vs yesterday? :)
[14:21] {Threei} I'll challenge anyone who believes every move has fundamental reasons under it to explain this to me
[14:23] {dino} i agree, the efficient market is b.s.
[14:27] {dino} ofix
[14:29] {Threei} OK{ what's killing oil??
[14:29] {Threei} not that I mind
[14:29] {dino} idsa to .50
[14:29] {Threei} but I am curious
[14:31] {patience} my theory is another financial institution is unwinding positions
[14:31] {dino} i suppose it has something to do w/fish markets
[14:31] {dino} patience you are probably correct, someone leaning the wrong way
[14:32] {dino} idsa to .60
[14:38] {dino} to .75
[14:43] {dino} to .85
[14:46] {dino} bcsi bstop to .60
[14:46] {dino} cov +.20 bcsi
[14:47] {dino} spiked into me
[14:48] {dino} oh mannnnn right thru me, idsa stopped .70 +.40
[14:49] {dino} i had 3 major slips today
[14:49] {patience} it's friday dino, time for the beer fridge
[14:50] {dino} i would, but hate tob drink alone.
[14:54] {Chaeron} your typing shows otherwise dino :)
[14:58] {hawkfan4} in FNM w/stop .74, super risky
[14:59] {esemde} Vad ...have a very important question for you....do you know of anyone out your way who sell dilling cucumbers?
[14:59] {dino} chaer hits me below the belt, ouch
[15:00] {dino} idsa sm l .00
[15:04] {Threei} hmmm
[15:05] {Threei} never looked really
[15:05] {esemde} tks....coming out your way to look for some...
[15:06] {dino} ofix sm s .30
[15:27] {dino} kind of tough getting put of idsa
[15:28] {Threei} very much feels like oil is readcy to break down once again
[15:37] {esemde} have a great weekend all
[15:37] {dino} cya es
[15:38] {Threei} take care ese :)
[15:39] {peterg} just got back from long meat drunk lunch in time to say gdbye again
[15:40] {Threei} lol
[15:41] {peterg} cuall monday
[15:41] {Threei} have a good weekend peter
[15:41] {peterg} thks u2 vad
[15:42] {peterg} driving daughter to madison WI for 2nd yr colege sob
[15:42] {dino} have fun peter
[15:42] {peterg} thks dino
[15:42] {peterg} id like to make some money next week, K?
[15:43] {peterg} and hve fun
[15:43] {dino} sure, no problem mon
[15:43] {peterg} big spliffs in jamacica
[15:43] {Threei} what was wrong with this week??
[15:43] {peterg} for me, to slow to act, to soon out
[15:43] {Threei} ugh
[15:43] {peterg} prbly normal learning curve for slow learner
[15:43] {Threei} sorry
[15:43] {Threei} every day was profitable
[15:44] {Threei} well, more to come
[15:44] {Threei} stay tunned
[15:44] {peterg} oh yeah
[15:44] {peterg} !!
[15:44] {dino} 2 up days out of two for me
[15:44] {Threei} yeah, dino came back swinging
[15:44] {peterg} is he a, like, swinger?
[15:44] {Threei} 5 put of 5 for me
[15:45] {peterg} xlnt
[15:45] {dino} no
[15:45] {peterg} kdg
[15:45] {Threei} is it that dragon thingy?
[15:45] {dino} at the risk of jinxing myself, my last down dayu was july 17
[15:45] {Threei} skipping vowels?
[15:45] {peterg} again+agn
[15:45] {dino} but i have had two vacations in between
[15:45] {peterg} fasttalk
[15:46] {Onix} he is doing puts & calls now?
[15:46] {peterg} no not dragon, typing
[15:46] {Threei} there you go... dino found the Holy Grail of trading
[15:46] {Threei} put your losing dayus on vacation time
[15:46] {Threei} effectively erasing them
[15:46] {dino} seems to work, lol
[15:46] {Threei} and leave your winning days for actual trading time
[15:46] {peterg} listened to day tune-up with beautiful voice woman--does she make house calls?
[15:47] {peterg} She admires me nd wants me to succeed!
[15:47] {dino} ahhh
[15:47] {Threei} NBER'S FELDSTEIN: SEES ADDITIONAL 15% DOWNSIDE IN HOUSING MARKET, PERHAPS MORE - CNBC
[15:47] {peterg} that's the one, with the breathing
[15:47] {dino} lol
[15:48] {peterg} k , off to pack c u monday
[15:48] {Threei} take care peter
[15:57] {dptl} whuuu......no loosing days this week...nothing spectacular..but....have a good weekend all:)
[15:57] {Threei} wooohooo
[15:57] {Threei} Ok guys
[15:57] {Threei} thank you all
[15:58] {Threei} have a great weekend, see you on Monda
[15:58] {Onix} thanks Vad & all trust you will have a great weekend, bye
[08:05] {hawkfan4} good morning
[08:05] {Threei} Good morning
[08:06] {Threei} LEH
[08:06] {Threei} PRE-MARKET STRENGTH BEING ATTRIBUTED TO REPORTS KOREA'S DEVELOPMENT BANK (KDB) CONSIDERS CO. AN OPTION FOR AN ACQUISITION
[08:06] {Threei} Reminder Overnight an articl in South Korea's Chosun noted that Korea Development Bank had been in talks to buy a stake and management rights in Lehman, but failed to reach an agreement due to concerns about the financial health of Lehman.
[08:06] {hawkfan4} sometimes it pays to get up early. Got LEH at 14.76, just sold 1/3 at 15.70
[08:07] {Threei} wtg
[08:07] {Threei} I slept in
[08:07] {Threei} WARREN BUFFETT: SAYS IS NOT POSITIONED AGAINST THE DOLLAR AND EQUITIES ARE MORE ATTRACTIVE THAN THEY WERE A YEAR AGO - CNBC INTERVIEW
[08:07] {Threei} - Fed Chairman Bernanke does not have a "magic wand" for solving the problems of the US economy.
[08:07] {Threei} - Berkshire has no bets against the USD or any direct currency plays, believes USD strength will not last if current account deficits continue, yet does not see the USD falling in the short term
[08:07] {Threei} - Repeats that there is a "reasonable chance" shares in the GSEs will be wiped out
[08:07] {hawkfan4} thx, pure luck, i just saw it moving and grabbed it
[08:07] {Threei} cobra instinct
[08:13] {hawkfan4} yeah, i figured something must be up the way it was moving. out .66, was too busy bragging when i should've been selling
[08:14] {Threei} I still can't believe the summer trading e had
[08:15] {Threei} we
[08:15] {hawkfan4} no kidding. I can't believe this is August.
[08:16] {Threei} with so much turbulence in various areas, market once again proved that the only constant thing about it is a constant change
[08:28] {hawkfan4} watching UAUA for a short if oil pops back over 120
[08:32] {pita} gm all
[08:33] {Threei} pita :)
[08:38] {pita} thoughts INTC Vad? wireless transmission of electricity, interesting
[08:38] {Threei} this news is floating out there for a few days already
[08:39] {Threei} NYT just got to it
[08:39] {Threei} also,
[08:39] {Threei} 08/21/08 07:07pm
[08:39] {Threei} [MU] Micron Technology Inc Production at MU/INTC Singapore chip plant will be delayed - unconfirmed report
[08:39] {Threei} - The two companies will delay output of NAND chips due to weak pricing trends.
[08:39] {Threei} - On 5/4, Intel said that it expected the Singapore plant to delay output by 6 months and the jv had expected that output would begin by mid 2009.
[08:40] {Threei} I think this INTC gap is simply market gap
[08:54] {cosmo} BCSI
[08:55] {cosmo} # Blue Coat swings to fiscal 1Q loss, meets viewsAP(Thu 5:46pm)
[08:56] {Onix} Good morning
[08:56] {Threei} cosmo, onix :)
[08:56] {cosmo} 3i:)
[08:59] {brian3579} gm
[09:00] {Threei} brian :)
[09:00] {Threei} we have Bernarke speaking today on financial woes
[09:01] {Threei} 10 am
[09:03] {dptl} good morning all
[09:03] {Threei} dp :)
[09:04] {patience} good morning RT :)
[09:05] {Threei} patience :)
[09:17] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {tomg} gm all
[09:18] {Threei} tom :)
[09:20] {peterg} morning
[09:20] {Threei} peter :)
[09:22] {fernp} Goog morning all
[09:23] {Threei} fern :)
[09:26] {cosmo} BSCI pre mkt high = 18 fwiw
[09:28] {Onix} cosmo, fwiw?
[09:28] {cosmo} for what its worth
[09:28] {Onix} ty ... BSCI?
[09:28] {Threei} BCSI
[09:28] {cosmo} 18.10 now
[09:30] {dino} met estimates
[09:31] {cosmo} its called an 'open break'
[09:32] {cosmo} fwiw
[09:32] {judijim} good morning all
[09:33] {Threei} jj :)
[09:34] {esemde} morning...
[09:34] {Threei} ese :)
[09:35] {Threei}
Long Setup:
0,3 UAUA .21 if stays above .10
[09:35] {Threei} verify with USO
[09:36] {Threei} over 1:1
[09:37] {dino} snps sm l .30
[09:38] {Threei} same setup once again
[09:42] {Threei} USO breakdown
[09:42] {Threei} UAUA getting refuelled
[09:43] {Threei} stop to .14
[09:45] {Onix} in UAUA a little early @ 12.28 sm shares
[09:45] {dino} cphd
[09:46] {dino} sm l .65, stop .33
[09:46] {Threei} UAUA wsorked again for a scalp and seems not done, half out
[09:46] {Threei} .28 is a somewhat "not here not there" entry
[09:46] {Threei} stop to .10 for the balance
[09:46] {Threei} .19, sorry
[09:47] {dino} pery blood
[09:47] {Threei} out in full UAUA
[09:48] {hawkfan4} nice one, thx
[09:48] {Threei} welcome
[09:48] {Threei} where is magoo... he would be all over this trade
[09:48] {tomg} ty vad
[09:48] {Threei} tom :)
[09:49] {Onix} ty Vad , got 19c
[09:49] {dino} he took the day off
[09:49] {Threei} onix :)
[09:50] {Threei} slacker...
[09:50] {dino} indeed. as i never miss a day
[09:50] {peterg} btw, i wont be here tomorrow
[09:50] {dino} lol
[09:51] {dino} yeah, me too, lawn mowing duty
[09:51] {Threei} that's it
[09:51] {Threei} I won't be here tomorrow AND the day after
[09:51] {Threei} here, take this
[09:51] {dino} cphd stop to .03
[09:51] {dino} pery feels like 15 coming
[09:52] {dino} snps not moving, tighten to .08
[09:54] {dino} cybx drop
[09:58] {dino} out cphd .00, +.35
[10:00] {esemde} too funny boys ...too funny....
[10:01] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50
[10:05] {dino} isys sm l .23, risky
[10:15] {dino} isys stop to .63
[10:16] {dino} ton .80
[10:16] {dino} to
[10:17] {Threei} ED'S BERNANKE: WILL ACT AS NEEDED FOR NEAR TERM PRICE STABILITY, ECONOMY WILL PERFORM BELOW POTENTIAL FOR QUITE SOME TIME
[10:17] {Threei} - Notes that inflation is attributed to the recent increase in commodity prices, recent commodity and USD trends are likely to have a dampending effect on inflation
[10:17] {Threei} - Sees inflation outlook as uncertain but inflation will fall towards the end of the year and into 2009
[10:17] {Threei} - Comments that the Fed funds rate currently is low despite inflation
[10:17] {Threei} - Remarks the the economy is softening and the unemployment rate is rising
[10:17] {Threei} - Feels as thought the Treasury is best suited to handle non-bank failures, and countervailing actions are needed to address the moral hazard issue
[10:18] {cosmo} moral hazard?
[10:18] {Threei} governemtn bailout are usually referred as such
[10:18] {dino} yeah, you know, booze, strip clubs, tobacco
[10:18] {cosmo} hmmm
[10:18] {dino} lol
[10:19] {dino} the guys' a genius, sheesh
[10:19] {dino} isys to .93
[10:19] {Threei} since they create an environment where private enterprises feel they have a garantee of risk being eliminated at taxpayer expense
[10:19] {Threei} I'll keep the profit and we will share the losses
[10:19] {dino} exactly, should've let them fail already, get it over with
[10:20] {dino} just like no shorts for financials, give me a break, to let insiders out, then crush public
[10:20] {cosmo} cans of worms they are
[10:20] {dino} out isys slip, ave. +.65
[10:21] {dino} fwiw, my hard stops are slipping today...thinner market?
[10:21] {dino} ok ,my rants are done
[10:23] {Threei}
Long Setup:
0,3 LEH .71 if stays above .60
[10:26] {esemde} long CTXS....1/2 lot .02....thin
[10:27] {Threei}
3,0 Attention: LEH 1:1
[10:27] {Threei} half out
[10:27] {dptl} +.10 leh ty
[10:27] {Threei} welcome
[10:28] {fernp} out +.11 TY
[10:28] {Threei} :)
[10:28] {esemde} stop .88
[10:29] {Threei}
Long Setup:
0,3 UAUA .61 if stays above .50 and USO helps
[10:30] {Threei} in
[10:35] {Threei} stopped
[10:35] {fernp} stopped
[10:35] {peterg} yup
[10:36] {pita} sadly yup
[10:39] {Onix} got 7c at last in LEH
[10:40] {Threei} oil fast drop
[10:41] {dino} .
[10:41] {dino} sm l cybx .61
[10:43] {dino} stop is .23 fwiw
[10:52] {dino} ndsn
[10:53] {dino} snps stop to b/e
[10:54] {Threei} poor souls
[10:54] {Threei} how do they tie the laces on their shoes
[10:54] {Threei} sorry, wrong window
[10:58] {peterg} velcro
[10:59] {esemde} nice dino.....cybx
[10:59] {dino} cybx stop to b/e
[11:02] {dino} snps stopped +.05
[11:04] {Onix} UAUA & USO now in kahoots?
[11:04] {Threei} relation certainly is not what it used to be
[11:04] {Threei} that's why I backed off
[11:04] {Onix} moving together and not opposite?
[11:05] {esemde} out ctxs .92 -.10....definately not doing what i want
[11:07] {esemde} how long will you let cybx run dino?
[11:11] {dino} just stopped at .89, +.28, wanted it to get thru .00, but no go
[11:12] {dino} will watch it
[11:12] {dino} stingy w/this market
[11:12] {dino} but it's working very well
[11:12] {dino} damn there she goes
[11:13] {esemde} are you going to buy a break of 23
[11:13] {esemde} just noticed it
[11:13] {dino} bcsi
[11:13] {dino} no
[11:13] {dino} s bcsi .50 sm, stop .83
[11:14] {dino} i will re-load cybx around 22.40, if she goes there
[11:15] {dino} watching ndsn, cedc for fast drops and bounce
[11:15] {Threei}
Short Setup:
0,4 FNM .39
[11:16] {Threei} if stays below .50
[11:16] {Threei} two stop levels, .51 and .61
[11:16] {Threei} both are valid
[11:21] {Onix} ss FNM valid again under .50?
[11:22] {Threei} hard to tell... needs a bit of new consolidation
[11:22] {dino} besn
[11:34] {dino} bcsi bstop to .43
[11:36] {dino} to .30
[11:36] {dino} cov +.20
[11:37] {Threei} nice one
[11:37] {dino} ty
[11:54] {Threei} (USA) US IS REPORTEDLY DEEPLY CONCERNED REGARDING PLANNED RUSSIAN WEAPONS SALES TO SYRIA
[11:59] {Threei} what's urkel?
[12:02] {dino} cedc sm l .00, stop lod
[12:02] {dino} no make stop .72
[12:05] {hawkfan4} Urkel was the star of Family Matters
[12:05] {peterg} urkel--the sound my car made when it died
[12:05] {peterg} a dish from northern kyrgystan
[12:06] {dino} lol
[12:06] {dino} you can tell it's friday
[12:06] {peterg} im going out to lunch,, a big on at FOgo De Chao--all you can eat meat, good for five poiunds easy
[12:07] {dino} very nice
[12:07] {peterg} plus a long island ice tea
[12:07] {peterg} done for the day
[12:07] {dino} and fits the akins diet
[12:07] {peterg} meat meat and more meat
[12:07] {dino} have fun peter
[12:07] {hawkfan4} lol, enjoy
[12:07] {dino} hillshire farms......"go meat"
[12:07] {peterg} gracias, u 2
[12:08] {peterg} have fun guys, make $$
[12:10] {dino} siren song ndsn
[12:11] {Threei} (RU) RUSSIA DEFENCE MINISTRY SAYS THEY HAVE COMPLETED FRENCH-BROKERED CEASEFIRE AGREEMENT, TROOPS HAVE PULLED BACK TO SOUTH OSSETIA AS AGREED
[12:11] {Threei} - says Russian 'peacekeepers' remain posted in buffer zone outside of South Ossetia
[12:25] {dino} idsa drop
[12:25] {dino} thin
[12:34] {hawkfan4} kinda like USO over 95.40, stop 95.20, but market's pretty whippy
[12:34] {dino} v sm, v risky l ndsn .50
[12:41] {dino} stop is .17 fwiw
[12:59] {dino} i'm thinking, the only way to stop a stock that drops 17 points is to have magoo go long w/you. i wonder if he is trading from somewhere else
[12:59] {Threei} lol
[13:02] {dino} idsa getting gappy
[13:09] {dino} cedc stop to .29
[13:13] {dino} out cedc +.27 slip
[13:16] {dino} v sm idsa l .30
[13:17] {dino} brb
[13:41] {Threei} NY FED: MAKING SMALL ADJUSTMENTS TO DAILY SECURITIES LENDING PROGRAM
[13:41] {Threei} as in?
[13:41] {Threei} banning magoo from borrowing another 12B and stashing them in Swiss bank account?
[13:41] {Threei} I suppose that's why he he is off today... taking care of the matter
[13:48] {dino} yes
[13:48] {dino} most likely you'll see the uptick rule back, imo
[13:50] {Threei} that'll be stupid of them but whatever
[13:51] {Threei} they canned it when, about couple years ago?
[13:51] {Threei} never saw it impacting market direction
[13:51] {dino} last summer i think
[13:51] {Threei} a year then
[13:52] {Threei} and we had some stunning rallies, even thoughshorting became easier
[13:52] {Threei} it's unlimited naked shorting they should be concerned about IMO
[13:52] {Threei} as long as borrowing rules are observed, no reason for concern
[13:53] {Threei} oil another drop
[13:55] {dino} i don't know 3i, perhaps you should let the naked people short, what do cloths have to do w/stocks
[13:55] {dino} those nudist retreats will be hit hard
[13:55] {Threei} you actually make a very good sense
[13:56] {Threei} (as long as they, naked shorters, don't have webcams and I am not forced to watch
[13:57] {Chaeron} isn't it everyone that would see YOU should be scared?
[13:57] {dino} lol
[13:57] {Threei} that too
[13:57] {Threei} NY FED: WILL NOW REPORTEDLY ONLY ACCEPT SECURITIES WITH 13 OR MORE DAYS OF REMAINING MATURITY (VS. PRIOR OF 6 DAYS OR MORE) FOR DAILY SECURITIES LENDING PROGRAM
[13:57] {Threei} - Effective Aug 25
[13:58] {Threei} US TREASURY REPORTEDLY FEELS ANY BACKSTOP EFFORT FOR THE GSES SHOULD AIM TO MAINTAIN SHAREHOLDER OWNED STATUS AS PRIVATE ENTERPRISES - UNCONFIRMED REPORT
[13:58] {Threei} {FRE FNM}
[13:59] {Threei} WHITE HOUSE: PRES. BUSH AND FRANCE PRES. SARKOZY SAY RUSSIA IS NOT MEETING ITS WITHDRAWAL COMMITMENTS AND STATE IT MUST DO SO NOW
[14:00] {dino} you forgot the word "new" on the fre fnm statement. the current will be wiped out
[14:00] {Threei} I am just copy/pasting :)
[14:00] {dino} i am just funnin'
[14:01] {Threei} I know :)
[14:02] {dino} ndsn stopped -.33
[14:07] {fernp} see you all on Monday. Have a nice weekend.
[14:08] {dino} bcsi sm s .81, stop .13
[14:09] {dino} idsa stop to .44
[14:21] {Threei} what a difference a day makes
[14:21] {Threei} just what has changed with oil today vs yesterday? :)
[14:21] {Threei} I'll challenge anyone who believes every move has fundamental reasons under it to explain this to me
[14:23] {dino} i agree, the efficient market is b.s.
[14:27] {dino} ofix
[14:29] {Threei} OK{ what's killing oil??
[14:29] {Threei} not that I mind
[14:29] {dino} idsa to .50
[14:29] {Threei} but I am curious
[14:31] {patience} my theory is another financial institution is unwinding positions
[14:31] {dino} i suppose it has something to do w/fish markets
[14:31] {dino} patience you are probably correct, someone leaning the wrong way
[14:32] {dino} idsa to .60
[14:38] {dino} to .75
[14:43] {dino} to .85
[14:46] {dino} bcsi bstop to .60
[14:46] {dino} cov +.20 bcsi
[14:47] {dino} spiked into me
[14:48] {dino} oh mannnnn right thru me, idsa stopped .70 +.40
[14:49] {dino} i had 3 major slips today
[14:49] {patience} it's friday dino, time for the beer fridge
[14:50] {dino} i would, but hate tob drink alone.
[14:54] {Chaeron} your typing shows otherwise dino :)
[14:58] {hawkfan4} in FNM w/stop .74, super risky
[14:59] {esemde} Vad ...have a very important question for you....do you know of anyone out your way who sell dilling cucumbers?
[14:59] {dino} chaer hits me below the belt, ouch
[15:00] {dino} idsa sm l .00
[15:04] {Threei} hmmm
[15:05] {Threei} never looked really
[15:05] {esemde} tks....coming out your way to look for some...
[15:06] {dino} ofix sm s .30
[15:27] {dino} kind of tough getting put of idsa
[15:28] {Threei} very much feels like oil is readcy to break down once again
[15:37] {esemde} have a great weekend all
[15:37] {dino} cya es
[15:38] {Threei} take care ese :)
[15:39] {peterg} just got back from long meat drunk lunch in time to say gdbye again
[15:40] {Threei} lol
[15:41] {peterg} cuall monday
[15:41] {Threei} have a good weekend peter
[15:41] {peterg} thks u2 vad
[15:42] {peterg} driving daughter to madison WI for 2nd yr colege sob
[15:42] {dino} have fun peter
[15:42] {peterg} thks dino
[15:42] {peterg} id like to make some money next week, K?
[15:43] {peterg} and hve fun
[15:43] {dino} sure, no problem mon
[15:43] {peterg} big spliffs in jamacica
[15:43] {Threei} what was wrong with this week??
[15:43] {peterg} for me, to slow to act, to soon out
[15:43] {Threei} ugh
[15:43] {peterg} prbly normal learning curve for slow learner
[15:43] {Threei} sorry
[15:43] {Threei} every day was profitable
[15:44] {Threei} well, more to come
[15:44] {Threei} stay tunned
[15:44] {peterg} oh yeah
[15:44] {peterg} !!
[15:44] {dino} 2 up days out of two for me
[15:44] {Threei} yeah, dino came back swinging
[15:44] {peterg} is he a, like, swinger?
[15:44] {Threei} 5 put of 5 for me
[15:45] {peterg} xlnt
[15:45] {dino} no
[15:45] {peterg} kdg
[15:45] {Threei} is it that dragon thingy?
[15:45] {dino} at the risk of jinxing myself, my last down dayu was july 17
[15:45] {Threei} skipping vowels?
[15:45] {peterg} again+agn
[15:45] {dino} but i have had two vacations in between
[15:45] {peterg} fasttalk
[15:46] {Onix} he is doing puts & calls now?
[15:46] {peterg} no not dragon, typing
[15:46] {Threei} there you go... dino found the Holy Grail of trading
[15:46] {Threei} put your losing dayus on vacation time
[15:46] {Threei} effectively erasing them
[15:46] {dino} seems to work, lol
[15:46] {Threei} and leave your winning days for actual trading time
[15:46] {peterg} listened to day tune-up with beautiful voice woman--does she make house calls?
[15:47] {peterg} She admires me nd wants me to succeed!
[15:47] {dino} ahhh
[15:47] {Threei} NBER'S FELDSTEIN: SEES ADDITIONAL 15% DOWNSIDE IN HOUSING MARKET, PERHAPS MORE - CNBC
[15:47] {peterg} that's the one, with the breathing
[15:47] {dino} lol
[15:48] {peterg} k , off to pack c u monday
[15:48] {Threei} take care peter
[15:57] {dptl} whuuu......no loosing days this week...nothing spectacular..but....have a good weekend all:)
[15:57] {Threei} wooohooo
[15:57] {Threei} Ok guys
[15:57] {Threei} thank you all
[15:58] {Threei} have a great weekend, see you on Monda
[15:58] {Onix} thanks Vad & all trust you will have a great weekend, bye
Thursday, August 21, 2008
Aug 21 2008
Session Time: Thu Aug 21 00:00:00 2008
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 432K V 440KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.36MM V 3.405ME
[08:30] {Threei} - Initial Jobless Claims revised from 450K to 445K
[08:30] {Threei} - Continuing Claims revised from 3.417M to 3.38M
[08:39] {Threei} (RU) RUSSIA IS REPORTEDLY LOOKING TO SUPPLY MORE DEFENSIVE ARMS TO SYRIA - UNCONFIRMED REPORT
[08:39] {Threei} - Foreign Min Lavrov says that Russia will continue to relationship with NATO, however its up to NATO to maintain relationship
[08:43] {hawkfan4} good morning
[08:43] {Threei} hawk :)
[08:48] {hawkfan4} took UAUA short at the close at 12.33, then chickened out and covered in the after hours at 12.40 :(
[08:49] {brian3579} gm
[08:49] {Threei} tough to hold overnight in this volatility and extremes sensitivity to news and jawboning
[08:49] {Threei} brian :)
[08:50] {Threei} same here with FNM... strongly feel that short should work on it till the bitter end... but overnight is scary
[08:51] {hawkfan4} yep. I figured that the daytrading has been great, so why risk it
[08:51] {Threei} exactly
[08:51] {Threei} one unlucky hold can wipe out month's gains
[08:51] {patience} good morning guys :)
[08:51] {Threei} patience :)
[08:53] {Onix} gm all
[08:53] {Threei} Onix :)
[08:54] {tomg} gm all
[08:54] {Threei} tom :)
[08:55] {Onix} Vad, which news source do you use?
[08:55] {Threei} Trade The News
[08:56] {Onix} tnx
[09:02] {hawkfan4} geesh, oil gone wild
[09:02] {Threei} yeah... disgusting smelly substance
[09:08] {Threei} took a little UAUA for scalp, stop under .20
[09:09] {hawkfan4} hmm, so if i cover my short from .40, that would help you out :)
[09:10] {dino} gm all
[09:10] {fernp} Good morning all
[09:10] {Threei} dino!
[09:10] {dino} lol
[09:10] {Threei} welcome back
[09:10] {Threei} fern :)
[09:11] {Threei} new high USO
[09:12] {Threei} out flat UAUA
[09:12] {Threei} you are free to profit without hurting me, hawk :)
[09:12] {hawkfan4} whew :)
[09:15] {magoo} morning
[09:15] {Threei} magoo :)
[09:15] {Threei} dino, how was the vacation?
[09:16] {magoo} trouble with our internetthis morno
[09:17] {esemde} GM.....
[09:17] {Threei} ese :)
[09:17] {esemde} hey Vad
[09:17] {dino} you guys do ok while i was away?
[09:18] {esemde} Watched a classic movie last night.....The great Escape
[09:18] {esemde} dino!!!!
[09:18] {dino} es!
[09:18] {esemde} i've been doing Ok
[09:19] {esemde} my usual 1 or 2 trades per day
[09:19] {esemde} missed your bradvado dino....
[09:19] {esemde} bravado
[09:19] {hawkfan4} this week has been great so far, last week was good
[09:25] {dptl} good morning all
[09:26] {Threei} dp :)
[09:26] {hawkfan4} 2/3 out UAUA + .34
[09:27] {dino} grrrr dsl issues
[09:27] {Threei} nice one hawk
[09:27] {magoo} we are having rough internet day
[09:28] {magoo} bumped out ahain
[09:28] {Threei} I should have switched to short too
[09:28] {hawkfan4} thx :) . Thinking headed 10-10.50
[09:28] {Threei} if oil continues, why not
[09:29] {GeoArb} gm
[09:29] {Threei} Geo :)
[09:31] {hawkfan4} out rest +.80
[09:31] {Threei} wtg
[09:31] {Threei} bounce time it seems
[09:34] {dino} gj hawk
[09:34] {hawkfan4} thx dino :)
[09:35] {esemde} gj hawk..
[09:35] {esemde} solf going nuts these days
[09:37] {Roman}
21 long JASO
[09:37] {Threei} if you went long UAUA around .50, take scalp here
[09:38] {Roman}
21 18.11, 1/2
[09:38] {judijim} good morning all
[09:38] {Threei} jj :)
[09:38] {dino} chk sm l .28
[09:39] {magoo} u gotta make a better call than that vad:)
[09:39] {Threei} that wasn't a call
[09:39] {GeoArb} yeah calls come with colored lights now :)
[09:39] {GeoArb} (hint for vad)
[09:39] {magoo} thanx to who lol
[09:41] {magoo} SOLF sheesh
[09:42] {peterg} mrng
[09:42] {peterg} probly gd
[09:42] {Threei} peter :)
[09:43] {Threei}
Short Setup:
0,4 FNM 4.09 if stays under 4.20
[09:44] {esemde} thinkin the same thing mags...
[09:45] {esemde} worth watching for a few weeks and getting in on a dip
[09:45] {magoo} wish it was avail short
[09:46] {GeoArb} yup not available
[09:47] {dino} snps
[09:47] {Threei} PTEN
[09:47] {GeoArb} hey dino
[09:47] {Threei}
Long Setup:
0,3 PTEN .50 half lot
[09:47] {Threei} if stays above .35
[09:49] {dino} gm geo
[09:49] {magoo} in .49
[09:49] {esemde} .48
[09:49] {esemde} 1/2 lot
[09:49] {magoo} really choppy naz
[09:50] {Onix} In @ .50
[09:50] {dino} snps sm l .80, stop .43
[09:51] {Onix} stop for PTEN?
[09:51] {Threei} [09:47] {Threei} if stays above .35
[09:51] {Threei} stopped
[09:52] {GeoArb} y
[09:53] {esemde} stopped....
[09:54] {tomg} plce on pb?
[09:54] {magoo} stopped
[09:55] {Threei} can't tell tom
[09:55] {Threei} too volatile
[09:56] {Threei} jumpy spread
[09:56] {tomg} ty
[09:56] {Roman}
21 long crox
[09:56] {Roman}
21 full 4.35
[09:57] {Roman}
21 long PTEN .05
[09:59] {GeoArb} wow stp
[10:00] {Threei} JULY LEADING INDICATORS: -0.7% V -0.2%E
[10:00] {Threei} AUG PHILADELPHIA FED INDEX: -12.7 V -12.6E
[10:00] {Threei} - Prices Paid: 57.5 v 75.6 prior (highest since March 1980)
[10:01] {dino} chk stopped -.30\
[10:02] {Threei} - New Orders: -11.9 v -12.1 prior
[10:02] {Threei} - Employment: -1.1 v -7.3 prior
[10:02] {Threei} - Inventories: -6.6 v -7.5 prior
[10:02] {Threei} - Six-month business conditions outlook: 27.6 v 18.0 prior
[10:03] {dino} crm
[10:03] {dino} snps stop to .35
[10:04] {dino} to .44
[10:05] {dino} to .64
[10:06] {dino} tecd
[10:06] {dino} out snps .64, +.84
[10:09] {dino} sm risky, l cme .00
[10:09] {dino} noooo, crm
[10:09] {dino} i mean
[10:11] {dino} isys drop
[10:11] {Threei}
Long Setup:
0,3 LEH .31 if stays above .20
[10:12] {dino} crm stopped -.36
[10:13] {GeoArb} in stp on pullback
[10:14] {GeoArb} drq
[10:14] {GeoArb} oops sorry
[10:15] {dino} isys sm l .95, clunky, carefu;
[10:15] {GeoArb} hmm out too early on stp
[10:17] {dino} crm last try l off of .00 if it gets there
[10:18] {magoo} in leh
[10:22] {Threei}
Short Setup:
0,4 UAUA .78 if stays under .85
[10:22] {GeoArb} wow i cant short uaua
[10:23] {magoo} sh uayua
[10:24] {Threei} over 1:1
[10:24] {magoo} out leh flat..was wait .53, midssed exit
[10:25] {GeoArb} anyone took stp?
[10:29] {magoo} die UAUA DDDDDDDDDDIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEE
[10:29] {GeoArb} you really dont like flying do you ?
[10:30] {Threei} {UAUA} you don't like me... :(
[10:30] {Onix} is UAUA still avalid short, I am not in yet?
[10:30] {magoo} hate flying
[10:30] {GeoArb} to me the chart looks up
[10:30] {magoo} hate airports
[10:30] {GeoArb} has become JBE no? vad?
[10:30] {Threei} .85 is invalidating level, Onix
[10:31] {Threei} geo,it's not a play on its own merits
[10:31] {magoo} its rolling over
[10:31] {GeoArb} oil rising
[10:31] {Threei} it's an oil inverse follower
[10:31] {Onix} ty
[10:31] {GeoArb} yup
[10:31] {Threei} oil's up, market's down, airline's down is the concept
[10:31] {Threei} 1:2
[10:31] {GeoArb} wondering if this is worth calling the broker for short permissioning..... i guess it was
[10:32] {Onix} understand now
[10:34] {GeoArb} so i called the broker and they permissioned me for 100k shares short.....lol who do they think i am?
[10:35] {Threei} lol
[10:35] {GeoArb} ill be jittery on 500 shares
[10:41] {dino} out crm .40, +.40
[10:41] {Threei} 1:3
[10:42] {Threei} out in full
[10:43] {Threei} Geo, cover your 100K, will ya?
[10:43] {GeoArb} yeah
[10:44] {GeoArb} i didnt get in thinking i was late
[10:44] {Threei} just let me know before hitting buy, I'll go long for a scalp {G}
[10:44] {GeoArb} repenting on sidelines
[10:44] {Threei} it bounced right into entry point
[10:44] {Threei} gave second chance
[10:44] {GeoArb} :(
[10:48] {Threei} too soon on UAUA eh
[10:48] {Threei} anyone took?
[10:48] {hawkfan4} still in :)
[10:48] {magoo} i still short
[10:48] {GeoArb} way to go guys
[10:48] {Threei} sheesh you guys are petient
[10:49] {Threei} patient too
[10:49] {GeoArb} i live vicariously through you
[10:49] {Onix} ty Vad got 31c
[10:49] {Threei} good job Onix
[10:49] {magoo} ok cover here .33 TY vad
[10:49] {GeoArb} my only good trade today stp......
[10:49] {GeoArb} paid well though
[10:50] {magoo} uh, .77 minus ,33 equals um uh ??
[10:50] {magoo} carry the 3
[10:50] {GeoArb} 44?
[10:50] {Threei} lol
[10:51] {GeoArb} maaan oil
[10:51] {Threei} you make my life too complicated mags
[10:51] {hawkfan4} oil insane
[10:51] {hawkfan4} +6.30
[10:51] {GeoArb} phew
[10:51] {GeoArb} for a second there i though that was hawk's UAUA exit
[10:52] {Threei} I guess I need to take a break and go fill my tank before gas went to $5 a litre
[10:52] {hawkfan4} lol, no, but i did just partial at .31
[10:52] {GeoArb} uaua hovering at yes low
[10:53] {Threei} PENTAGON REITERATES WHITE HOUSE STATEMENTS THAT THE PACE OF RUSSIAN TROOP WITHDRAWAL IS 'MINIMAL'
[10:53] {Threei} - Note White House yesterday called for the Russians to pick up the pace in their departure from Georgia
[10:53] {Threei} minimal pace of withdrawal
[10:53] {GeoArb} i dont think there is going to be one
[10:53] {Threei} may I offer a wording:
[10:54] {Threei} negative pace of withdrawal, means actually adding troops
[10:54] {Threei} boy, I would be good spin doctor at PR
[10:55] {GeoArb} they are just "pacifying" he region
[10:55] {dino} you would think oil would rocket up on this
[10:58] {GeoArb} hmmm what happenned?
[10:58] {Threei} with what?
[10:58] {GeoArb} sudden es spike
[10:59] {dino} sm l cmed .60
[11:00] {magoo} es got a spike haircut??
[11:00] {GeoArb} :)
[11:00] {dino} nice es
[11:04] {magoo} l aapl sm .49
[11:05] {Onix} advice on SMTC please?
[11:07] {dino} dk
[11:08] {magoo} out aapl
[11:08] {magoo} no work
[11:08] {hawkfan4} USO looking higher
[11:11] {Threei} .50 will probably worth a try Onix
[11:11] {Threei} if stays above .40
[11:11] {Onix} ty
[11:13] {dino} cmed stopped -.30
[11:13] {Onix} in SMTC @ 15.52
[11:14] {Threei} IRAQI OIL MIN: MORE CRUDE ON MARKET THAN DEMAND
[11:17] {Threei} feeling at the moment is,
[11:17] {Threei} USO is going to break down through 98 and drop
[11:17] {Threei} if materializes, UAUA should post nice long off .50 break or so
[11:17] {magoo} oih short
[11:18] {magoo} l aapl .35 small risky
[11:19] {Threei} 98 broken
[11:19] {Threei} drop now, you slimy substance
[11:20] {magoo} in .46 100k shares
[11:20] {Threei} lol
[11:21] {magoo} out .48
[11:21] {magoo} how much i make??
[11:21] {Chaeron} 2000
06[11:21] * Chaeron slaps magoo around a bit with a large trout
[11:21] {magoo} :)
[11:21] {GeoArb} shouldnt the broker permission shorts based on account size?
[11:21] {GeoArb} wierd
[11:21] {magoo} laserdave limits my share size in bear now because of plays like that lol
[11:22] {GeoArb} lol
[11:22] {Threei} here we go
[11:22] {magoo} i am in .46
[11:23] {peterg} long uaua?
[11:23] {magoo} yres
[11:23] {Onix} in UAUA @ 11.50
[11:23] {dino} sm l pcln .13
[11:25] {dino} crm sm l .52
[11:25] {magoo} mkt should pop up on this oil
[11:25] {Threei} partial magoo
[11:26] {magoo} nmope
[11:26] {GeoArb} he said no and he is moping
[11:27] {Threei} partial magoo
[11:28] {magoo} no
[11:28] {Threei} don't make me beg
[11:28] {dino} sort of like a mog, half man half dog
[11:28] {GeoArb} how about us commoners?
[11:28] {Threei} rofl
[11:28] {GeoArb} all out.....
[11:28] {dino} spaceballs
[11:28] {GeoArb} 19 cents
[11:28] {GeoArb} thanks vad
[11:28] {Threei} welcome sir
[11:28] {GeoArb} erased mu previous uaua hurt
[11:29] {Threei} hurt as in not taking short?
[11:29] {GeoArb} heheh yeah
[11:29] {GeoArb} not making money is money lost no?
[11:29] {Threei} in a way...
[11:29] {magoo} out .74 TY vad
[11:30] {Threei} whew
[11:30] {Threei} welcome
[11:30] {Threei} Onix?
[11:30] {magoo} out AAPL .87
[11:30] {magoo} up good
[11:30] {Onix} got .24c in UAUA thanks Vad
[11:30] {GeoArb} 36 cents
[11:30] {GeoArb} nice magoo
[11:30] {magoo} [11:18] {magoo} l aapl .35 small risky
[11:30] {Threei} okay... peter?
[11:30] {GeoArb} i meant UAUA
[11:31] {hawkfan4} beauty call vad
[11:31] {Threei} ty
[11:31] {Threei} mostly, thank you for incerting word "call"
[11:31] {GeoArb} he has the baked alaska
[11:31] {GeoArb} wat call?
[11:32] {GeoArb} i didnt see the freen light
[11:32] {GeoArb} g
[11:32] {hawkfan4} yes, if i said "bod", you should be worried
[11:32] {GeoArb} ewww
[11:32] {Chaeron} thanks Vad... got .18 on UAUA
[11:32] {Threei} Chaeron :)
[11:33] {Threei} this must be one of the most obedient stocks in a long long while
[11:33] {GeoArb} jinxed
[11:34] {Threei} OPEC SHIPMENTS EXPECTED + 200K BPD TO 24.82M BPD IN 4 WEEKS TO SEPT 6 - TANKER TRACKER
[11:34] {Threei} - Note these figures are for OPEC without the inclusion of Angola and Ecuador{USO}
[11:36] {Threei} watching LEH for long
[11:36] {Threei} oil another drop, market move up and LEH being close to 13 support is idea of trade
[11:38] {magoo} u are confusing me...just call it with color freen
[11:38] {Threei} can't
[11:38] {GeoArb} oooooh
[11:38] {Threei} not a technical play, no exact levels
[11:39] {magoo} what u talkin bout willis??
[11:39] {Threei} lol
[11:40] {Threei} consider it a conceptual play:
[11:40] {Threei} if this and this event happen, then this reaction should follow,
[11:40] {Threei} if you get a delay between triggering event and reaction, use it for entry
[11:40] {GeoArb} one and two happenned
[11:40] {peterg} what is mark
[11:41] {peterg} et move up indicator
[11:41] {peterg} ?
[11:41] {Threei} hmm?
[11:41] {peterg} what is market up indicator
[11:41] {dino} pcln stopped -.23
[11:41] {peterg} Dow? rUSSEL?
[11:41] {GeoArb} oops missed third
[11:42] {Threei} I prefer NASDAQ... Dow will do too
[11:42] {GeoArb} why not es?
[11:42] {peterg} tks
[11:42] {Threei} ES is Dow in a form of futures, no?
[11:42] {GeoArb} sp vad
[11:42] {Threei} ugh
[11:42] {Threei} lol
[11:42] {GeoArb} comeone vad dont pull leg
[11:42] {GeoArb} ym=dow
[11:42] {magoo} here comes AAPL
[11:43] {Threei} YM is minis
[11:43] {GeoArb} of course
[11:43] {Threei} in short, asny of those will do
[11:43] {Threei} I have better feel for NQ
[11:43] {GeoArb} aayone take the conceptual leh play?
[11:43] {GeoArb} it was very well reasoned.....
[11:44] {magoo} im still looking that word up in pictionary
[11:44] {Threei} I guess common admiration by reasoning distracted everyone from actual antry {GGG}
[11:44] {GeoArb} lol
[11:44] {Threei} and mags
[11:44] {Threei} pictionary?
[11:45] {Threei} no wonder you can't find the word
[11:45] {magoo} yeah, i bought dictionary for dummys..has pictures alongside words
[11:45] {Threei} OK, attempt to envision a picture illustrating word "cenceptual" makes me dizzy
[11:46] {dptl} grabbed +.10 leh ty
[11:46] {Threei} scalpers can take LEH profit here
[11:46] {magoo} hence my problem
[11:46] {Threei} dp :)
[11:46] {GeoArb} dptl doee
[11:46] {GeoArb} geoarb {= talker
[11:46] {GeoArb} doer
[11:47] {dino} fwrd sm l .53
[11:47] {magoo} dewars?
[11:49] {dino} crm stop to .92
[11:50] {magoo} this mkts green or my nickname ain't mags
[11:50] {magoo} going freen i mean
[11:50] {magoo} freen=green
[11:50] {GeoArb} ok vad.... i gotta stop socializing here.... and only press buy sell keys
06[11:50] * magoo slaps Threei around a bit with a large trout
[11:50] {magoo} warming up
[11:50] {Threei} walking and chewing gum at the same time presents a peroblem?
[11:51] {dino} out crm +.40
[11:51] {GeoArb} yup
[11:51] {Threei} then chewing gum should take prirority
[11:51] {Threei} and you know what you are to do when run out of gum
[11:52] {magoo} slkap someone?
[11:52] {Threei} "I came to chew gum and kick a$$es... and I am out of gum"
[11:52] {dino} feeling down to me magoo
[11:52] {Threei} nice UAUA drop
[11:53] {Threei} if only oil reverses down again, will be good scalp
[11:54] {Threei} in
[11:54] {Threei} .44 stop
[11:55] {Threei} got .52
[11:55] {magoo} iun .57
[11:55] {Threei} losing 98 would be very nice of USO
[11:56] {Threei} and most likely would send it down for real
[11:57] {Threei} on the other side of the range, over .30 will render downside is not likely for a while
[11:57] {Threei} comeon, drop
[11:59] {Onix} in UAUA @ .51
[12:00] {Threei} perfect entry
[12:00] {Onix} ty
[12:03] {Chaeron} I got .50... but I don't like to brag
[12:03] {GeoArb} lol
[12:04] {Threei} why?
[12:04] {Threei} it's pleasant
[12:04] {Threei} earns you sincere hatred of many
[12:04] {Threei} which adds to a pleasure
[12:04] {hawkfan4} ok, i got .49
[12:04] {Threei} lol
[12:04] {Threei} here comes oil drop
[12:05] {GeoArb} i have never met anyone who has insincere hatred
[12:05] {Threei} predicted by me a few lines above (trying to brag too)
[12:08] {dino} alxn
[12:09] {GeoArb} oil rising?
[12:09] {Threei} just a little bounce
[12:09] {dino} no time for bouncy bouncy
[12:10] {Threei} IMO, going to lose 97.50
[12:11] {Chaeron} now you tell me
[12:11] {Onix} what means IMO?
[12:11] {Chaeron} In My Opinion
[12:11] {Onix} ty
[12:12] {GeoArb} above 1:1 no?
[12:12] {Threei} yup
[12:12] {Chaeron} IMHO means In My Humble Opinion.... not stock symbols
[12:12] {Threei} but I usually skip H for understandable reason
[12:12] {Chaeron} IMSAO
[12:12] {Chaeron} (Smart Ass Opinion) :)
06[12:13] * magoo slaps Chaeron around a bit with a large trout
[12:13] {Chaeron} I deserved that
[12:13] {GeoArb} took half off... gotta take kids to school
[12:13] {Threei} sharp red bar is coming on USO
[12:13] {Threei} ICHO
[12:13] {hawkfan4} agree, would love to see it back to 96
[12:14] {Threei} In Chaeron's Humble Opinion
[12:14] {Chaeron} heh
[12:14] {dino} alxn sm l .50 wide
[12:14] {hawkfan4} lol, was just getting ready to type ICHO into esignal
[12:15] {Threei} don't
[12:15] {Threei} it will show his picture
[12:15] {Threei} and you will be scarred for life
[12:15] {hawkfan4} hee :)
[12:15] {GeoArb} off to school guys good trading
[12:15] {Chaeron} true
[12:15] {Threei} :)
[12:15] {Threei} take care Geo
[12:15] {hawkfan4} cya geo
[12:15] {GeoArb} good first half thanks vad
[12:15] {magoo} GEO WAIT
06[12:15] * magoo slaps GeoArb around a bit with a large trout
[12:15] {GeoArb} (trout)
[12:16] {GeoArb} freeeeen
[12:16] {GeoArb} bye
[12:16] {dino} cya geo
[12:16] {Threei} come on USO, sharp red into .50
06[12:18] * Threei takes a bow
[12:18] {hawkfan4} well deserved
[12:18] {Threei} {dptl} how do you do that??
[12:19] {dptl} :)
[12:19] {hawkfan4} short qid .36, stop .45
[12:19] {magoo} vad, u ever see movie animal house?
[12:19] {Threei} now little bounce and dive under .50
[12:19] {Threei} no
[12:20] {hawkfan4} partial UAUA +.25
[12:20] {Threei} why mags?
[12:21] {Threei} little bounce is done
[12:21] {Threei} and now under .50
[12:21] {Threei} sh*t, I am good
[12:21] {hawkfan4} lol
[12:22] {Threei} :)
[12:22] {magoo} when u took bow, in movie they paddle your butt
[12:22] {Threei} animals... what can I say
[12:25] {dino} crm lod
[12:25] {hawkfan4} stopped qid -.10
[12:28] {dino} crm l sm off of .00 if it gets there
[12:41] {Threei} IRAQ OIL MIN: TARGETING 4.5M BPD OF OIL PRODUCTION IN 2012
[12:41] {Threei} - current production is about 2.5M bpd{USO}
[12:57] {magoo} .
[12:58] {magoo} ..
[12:58] {hawkfan4} ._.
[12:59] {Chaeron} hey... cut that out... I gotta sweep up after market close
[12:59] {hawkfan4} lol
[13:00] {dino} osip drop
06[13:00] * Threei slaps laserdave1 around a bit with a large trout
06[13:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps Chaeron around a bit with a large trout
06[13:01] * magoo slaps Threei around a bit with a large trout
[13:19] {GeoArb} back
[13:19] {GeoArb} are we in a position?
[13:19] {Threei} you left?
[13:20] {GeoArb} only in body
[13:20] {Threei} ah.. I must have sensed your spirit presence
[13:20] {judijim} take care everyone, Judi's off to psychology biz
[13:20] {Threei} take care jj :)
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
[13:22] {magoo} wha i do lol
[13:23] {Threei} what didn't you do
[13:23] {Chaeron} name it
[13:23] {Chaeron} lol
[13:23] {Threei} aside of burning down Pompei
[13:23] {Threei} and even that only because it was down before you
[13:23] {magoo} it was troy..get it right
[13:23] {dino} vad, how was the cruise?
[13:23] {Chaeron} I'm pretty sure he had a hand in that too Vad... somehow....
[13:24] {Threei} inkredible
[13:24] {Threei} magnificent place
[13:24] {Threei} tours were just right, both train in Skagway and heli in Juneau
[13:24] {dino} it is. i need to go again in a few years
[13:24] {dino} glad you enjoyed it
[13:25] {Threei} I so di... but sheesh,
[13:25] {Threei} this darn all-you-can-eat...
[13:25] {GeoArb} ya know vad
[13:25] {GeoArb} this is the 5th time you mentioned this
[13:25] {GeoArb} i wonder if you really disliked all you can eat?
[13:25] {Threei} just the opposite
[13:25] {Threei} I liked it too much
[13:25] {GeoArb} hehehe
[13:25] {dino} lol
[13:26] {dino} out crm .40, +.40
[13:28] {magoo} laser dcc
[13:30] {dino} alxn stop to b/e won't move
[13:31] {dino} sm l pacr .43, stop .13
[13:39] {dino} isys sm l .00
[13:40] {dino} fwrd stop to b/e
[13:40] {dino} risky, sm l crm .50 wide
[13:42] {dino} out alxn .93, +.43
[13:44] {magoo} vad, what u stalking boog guy
[13:46] {GeoArb} booooog
[13:46] {GeoArb} (finally found something as a counter to freen)
[13:48] {dino} i miss 4 dats and i can't figure out the "new" language
[13:48] {Threei} remember that red dot on a wall from yesterday?
[13:48] {GeoArb} ok vad wins
[13:48] {Threei} it reappeared
[13:48] {dino} whats boog, freen, etc
[13:48] {GeoArb} boog=big
[13:48] {GeoArb} freen=green
[13:48] {GeoArb} basic typos dino
[13:48] {GeoArb} we are still the same
[13:49] {dino} ahhhh
[13:49] {dino} thought maybe a conspiracy
[13:50] {dino} out fwrd +.06
[13:51] {dino} isys stop to .35
[13:53] {dino} to .40
[13:54] {magoo} 2 pm smackdown anyone??
[13:54] {hawkfan4} solf anhialated
[13:55] {dino} ouch
[13:55] {hawkfan4} short from 20.29 :)
[13:55] {magoo} may bounce..careful not in it
[13:55] {hawkfan4} out. stole your idea mags, thanks
[13:56] {magoo} u dog, er,um bird
[13:57] {dino} crm stop to .45 to whippy
[13:57] {dino} wtg hawk
[13:57] {dino} you bird of prey you
[13:58] {hawkfan4} thanks, lucky one, but i'll take it
[13:59] {dino} isys to .45 stingy w/it
[13:59] {dino} out crm .45, -.05
[14:00] {dino} you know my feelings on luck hawk
[14:01] {hawkfan4} yes i do
[14:01] {dino} pacr stop to .49
[14:02] {dino} out isys .44, +.44
[14:05] {dino} pacr to .58
[14:08] {dino} to .65
[14:13] {dino} to .76
[14:16] {dino} out +.33
[14:16] {dino} brb
[14:17] {hawkfan4} nice job dino
[14:20] {magoo} vad, what u got??
[14:20] {dino} ty hawk
[14:20] {dino} trying to keep the streak alive
[14:26] {magoo} no smackdowen
[14:29] {Threei} too jerky mags
[14:29] {Threei} can't catch the rythm
[14:29] {Threei} oil sharp down, then sharp up
[14:29] {Threei} neither had much indication of coming
[14:35] {magoo} yeah, bumed i missed aapl run
[14:35] {dino} apwr drop
[14:35] {magoo} was stalking it 172 .70 area
[14:36] {magoo} oi thought mkt pullbk
[14:37] {peterg} theres always RIMM...................
[14:58] {magoo} dammit..now i missed my pullbk
[14:59] {Onix} now the sunshine woke me up here in Vancouver!
[15:00] {dptl} yeah,,,no kidng :)
[15:01] {Onix} never knows if it is going to be summer or winter here ... sunshime great for a change
[15:02] {Threei} whiners
[15:02] {Threei} 1 year in Winnipeg for ya all, my verdict
[15:02] {Onix} winers is more like it
[15:03] {dptl} :)
[15:03] {Threei} you'll return much more appreciative of Vancouver's climate
[15:04] {Onix} no kiddding! i actually just LOVE it here!
[15:04] {Threei} if you return that is
[15:07] {Threei} here is recipe for anyone who thinks he has a lot of problems
[15:07] {GeoArb} become a newfie?
[15:07] {Threei} if your shoe size is 41, for 1 week wear size 40
[15:07] {Threei} in a week take it off and tell me you are not happy
[15:08] {Onix} where did you receive your training again?
[15:08] {Threei} Al Bundy shoe store
[15:08] {Chaeron} lol
[15:08] {dptl} lol
[15:08] {GeoArb} vad's telling his chioldhood stories
[15:08] {Onix} i thopught it was with crox?
[15:09] {Threei} Crox... one thing I'll never understand :)
[15:10] {dino} rick rockin'
[15:11] {Onix} apparently quite comfortable shoes, but have not tried them myself
[15:13] {Threei} oil spiking looks like
[15:13] {Threei} watching UAUA for short
[15:18] {Threei} in .40
[15:18] {Threei} .51 stop
[15:18] {magoo} am i chasing here?
[15:18] {Threei} try to catch snapback
[15:18] {Threei} UAUA does them constantly
[15:20] {dino} calling it a day. over goal, so heading out early. thx all.
[15:20] {Threei} great to see you return in shape dino
[15:21] {Threei} was the case with me too
[15:21] {Threei} not every vacation it happens :)
[15:21] {dino} thx and good job. so far vacations been good to me this year
[15:22] {Threei} every vacation during which I don't fall over the board, don't get eaten by great white etc is good for me...
[15:22] {GeoArb} so i guess your wife failed
[15:22] {Threei} I was alert
[15:22] {GeoArb} :)
[15:22] {dino} lol. take care
[15:22] {Threei} never turned my back when on outer deck
[15:23] {Threei} and kept her pre-occupied by buying her some jewellery
[15:24] {Threei} shiny shiny things, you know...
[15:25] {GeoArb} :)
[15:31] {dptl} ok... gonna go enjoy a little bit of that sunshine in here.....have a good evening all :)
[15:31] {Threei} take care dp :)
[15:31] {magoo} c u dp
[15:38] {Onix} enjoy!
[15:41] {Onix} UAUA ever going to break down today?
[15:42] {Threei} USO is climbing
[15:44] {magoo} u still sh uaua?
[15:44] {Onix} opposites attract?
[15:44] {Onix} yes ss @11.34
[15:45] {Threei} covered half .29
[15:45] {magoo} i never got entry
[15:45] {Threei} trailed stop to .46
[15:55] {peterg} ok power rangers, see your tomorrow!
[15:56] {peterg} and you, too
[15:56] {Threei} take care peter
[15:57] {magoo} bye peterg
[15:58] {Onix} out with my 4c ty
[15:59] {Threei} don't spend it at once
[15:59] {Threei} and ot one place
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {magoo} ty vad
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 432K V 440KE;
[08:30] {Threei} CONTINUING CLAIMS: 3.36MM V 3.405ME
[08:30] {Threei} - Initial Jobless Claims revised from 450K to 445K
[08:30] {Threei} - Continuing Claims revised from 3.417M to 3.38M
[08:39] {Threei} (RU) RUSSIA IS REPORTEDLY LOOKING TO SUPPLY MORE DEFENSIVE ARMS TO SYRIA - UNCONFIRMED REPORT
[08:39] {Threei} - Foreign Min Lavrov says that Russia will continue to relationship with NATO, however its up to NATO to maintain relationship
[08:43] {hawkfan4} good morning
[08:43] {Threei} hawk :)
[08:48] {hawkfan4} took UAUA short at the close at 12.33, then chickened out and covered in the after hours at 12.40 :(
[08:49] {brian3579} gm
[08:49] {Threei} tough to hold overnight in this volatility and extremes sensitivity to news and jawboning
[08:49] {Threei} brian :)
[08:50] {Threei} same here with FNM... strongly feel that short should work on it till the bitter end... but overnight is scary
[08:51] {hawkfan4} yep. I figured that the daytrading has been great, so why risk it
[08:51] {Threei} exactly
[08:51] {Threei} one unlucky hold can wipe out month's gains
[08:51] {patience} good morning guys :)
[08:51] {Threei} patience :)
[08:53] {Onix} gm all
[08:53] {Threei} Onix :)
[08:54] {tomg} gm all
[08:54] {Threei} tom :)
[08:55] {Onix} Vad, which news source do you use?
[08:55] {Threei} Trade The News
[08:56] {Onix} tnx
[09:02] {hawkfan4} geesh, oil gone wild
[09:02] {Threei} yeah... disgusting smelly substance
[09:08] {Threei} took a little UAUA for scalp, stop under .20
[09:09] {hawkfan4} hmm, so if i cover my short from .40, that would help you out :)
[09:10] {dino} gm all
[09:10] {fernp} Good morning all
[09:10] {Threei} dino!
[09:10] {dino} lol
[09:10] {Threei} welcome back
[09:10] {Threei} fern :)
[09:11] {Threei} new high USO
[09:12] {Threei} out flat UAUA
[09:12] {Threei} you are free to profit without hurting me, hawk :)
[09:12] {hawkfan4} whew :)
[09:15] {magoo} morning
[09:15] {Threei} magoo :)
[09:15] {Threei} dino, how was the vacation?
[09:16] {magoo} trouble with our internetthis morno
[09:17] {esemde} GM.....
[09:17] {Threei} ese :)
[09:17] {esemde} hey Vad
[09:17] {dino} you guys do ok while i was away?
[09:18] {esemde} Watched a classic movie last night.....The great Escape
[09:18] {esemde} dino!!!!
[09:18] {dino} es!
[09:18] {esemde} i've been doing Ok
[09:19] {esemde} my usual 1 or 2 trades per day
[09:19] {esemde} missed your bradvado dino....
[09:19] {esemde} bravado
[09:19] {hawkfan4} this week has been great so far, last week was good
[09:25] {dptl} good morning all
[09:26] {Threei} dp :)
[09:26] {hawkfan4} 2/3 out UAUA + .34
[09:27] {dino} grrrr dsl issues
[09:27] {Threei} nice one hawk
[09:27] {magoo} we are having rough internet day
[09:28] {magoo} bumped out ahain
[09:28] {Threei} I should have switched to short too
[09:28] {hawkfan4} thx :) . Thinking headed 10-10.50
[09:28] {Threei} if oil continues, why not
[09:29] {GeoArb} gm
[09:29] {Threei} Geo :)
[09:31] {hawkfan4} out rest +.80
[09:31] {Threei} wtg
[09:31] {Threei} bounce time it seems
[09:34] {dino} gj hawk
[09:34] {hawkfan4} thx dino :)
[09:35] {esemde} gj hawk..
[09:35] {esemde} solf going nuts these days
[09:37] {Roman}
21 long JASO
[09:37] {Threei} if you went long UAUA around .50, take scalp here
[09:38] {Roman}
21 18.11, 1/2
[09:38] {judijim} good morning all
[09:38] {Threei} jj :)
[09:38] {dino} chk sm l .28
[09:39] {magoo} u gotta make a better call than that vad:)
[09:39] {Threei} that wasn't a call
[09:39] {GeoArb} yeah calls come with colored lights now :)
[09:39] {GeoArb} (hint for vad)
[09:39] {magoo} thanx to who lol
[09:41] {magoo} SOLF sheesh
[09:42] {peterg} mrng
[09:42] {peterg} probly gd
[09:42] {Threei} peter :)
[09:43] {Threei}
Short Setup:
0,4 FNM 4.09 if stays under 4.20
[09:44] {esemde} thinkin the same thing mags...
[09:45] {esemde} worth watching for a few weeks and getting in on a dip
[09:45] {magoo} wish it was avail short
[09:46] {GeoArb} yup not available
[09:47] {dino} snps
[09:47] {Threei} PTEN
[09:47] {GeoArb} hey dino
[09:47] {Threei}
Long Setup:
0,3 PTEN .50 half lot
[09:47] {Threei} if stays above .35
[09:49] {dino} gm geo
[09:49] {magoo} in .49
[09:49] {esemde} .48
[09:49] {esemde} 1/2 lot
[09:49] {magoo} really choppy naz
[09:50] {Onix} In @ .50
[09:50] {dino} snps sm l .80, stop .43
[09:51] {Onix} stop for PTEN?
[09:51] {Threei} [09:47] {Threei} if stays above .35
[09:51] {Threei} stopped
[09:52] {GeoArb} y
[09:53] {esemde} stopped....
[09:54] {tomg} plce on pb?
[09:54] {magoo} stopped
[09:55] {Threei} can't tell tom
[09:55] {Threei} too volatile
[09:56] {Threei} jumpy spread
[09:56] {tomg} ty
[09:56] {Roman}
21 long crox
[09:56] {Roman}
21 full 4.35
[09:57] {Roman}
21 long PTEN .05
[09:59] {GeoArb} wow stp
[10:00] {Threei} JULY LEADING INDICATORS: -0.7% V -0.2%E
[10:00] {Threei} AUG PHILADELPHIA FED INDEX: -12.7 V -12.6E
[10:00] {Threei} - Prices Paid: 57.5 v 75.6 prior (highest since March 1980)
[10:01] {dino} chk stopped -.30\
[10:02] {Threei} - New Orders: -11.9 v -12.1 prior
[10:02] {Threei} - Employment: -1.1 v -7.3 prior
[10:02] {Threei} - Inventories: -6.6 v -7.5 prior
[10:02] {Threei} - Six-month business conditions outlook: 27.6 v 18.0 prior
[10:03] {dino} crm
[10:03] {dino} snps stop to .35
[10:04] {dino} to .44
[10:05] {dino} to .64
[10:06] {dino} tecd
[10:06] {dino} out snps .64, +.84
[10:09] {dino} sm risky, l cme .00
[10:09] {dino} noooo, crm
[10:09] {dino} i mean
[10:11] {dino} isys drop
[10:11] {Threei}
Long Setup:
0,3 LEH .31 if stays above .20
[10:12] {dino} crm stopped -.36
[10:13] {GeoArb} in stp on pullback
[10:14] {GeoArb} drq
[10:14] {GeoArb} oops sorry
[10:15] {dino} isys sm l .95, clunky, carefu;
[10:15] {GeoArb} hmm out too early on stp
[10:17] {dino} crm last try l off of .00 if it gets there
[10:18] {magoo} in leh
[10:22] {Threei}
Short Setup:
0,4 UAUA .78 if stays under .85
[10:22] {GeoArb} wow i cant short uaua
[10:23] {magoo} sh uayua
[10:24] {Threei} over 1:1
[10:24] {magoo} out leh flat..was wait .53, midssed exit
[10:25] {GeoArb} anyone took stp?
[10:29] {magoo} die UAUA DDDDDDDDDDIIIIIIIIIIIIIIIIIEEEEEEEEEEEEEEEEEEEEEEE
[10:29] {GeoArb} you really dont like flying do you ?
[10:30] {Threei} {UAUA} you don't like me... :(
[10:30] {Onix} is UAUA still avalid short, I am not in yet?
[10:30] {magoo} hate flying
[10:30] {GeoArb} to me the chart looks up
[10:30] {magoo} hate airports
[10:30] {GeoArb} has become JBE no? vad?
[10:30] {Threei} .85 is invalidating level, Onix
[10:31] {Threei} geo,it's not a play on its own merits
[10:31] {magoo} its rolling over
[10:31] {GeoArb} oil rising
[10:31] {Threei} it's an oil inverse follower
[10:31] {Onix} ty
[10:31] {GeoArb} yup
[10:31] {Threei} oil's up, market's down, airline's down is the concept
[10:31] {Threei} 1:2
[10:31] {GeoArb} wondering if this is worth calling the broker for short permissioning..... i guess it was
[10:32] {Onix} understand now
[10:34] {GeoArb} so i called the broker and they permissioned me for 100k shares short.....lol who do they think i am?
[10:35] {Threei} lol
[10:35] {GeoArb} ill be jittery on 500 shares
[10:41] {dino} out crm .40, +.40
[10:41] {Threei} 1:3
[10:42] {Threei} out in full
[10:43] {Threei} Geo, cover your 100K, will ya?
[10:43] {GeoArb} yeah
[10:44] {GeoArb} i didnt get in thinking i was late
[10:44] {Threei} just let me know before hitting buy, I'll go long for a scalp {G}
[10:44] {GeoArb} repenting on sidelines
[10:44] {Threei} it bounced right into entry point
[10:44] {Threei} gave second chance
[10:44] {GeoArb} :(
[10:48] {Threei} too soon on UAUA eh
[10:48] {Threei} anyone took?
[10:48] {hawkfan4} still in :)
[10:48] {magoo} i still short
[10:48] {GeoArb} way to go guys
[10:48] {Threei} sheesh you guys are petient
[10:49] {Threei} patient too
[10:49] {GeoArb} i live vicariously through you
[10:49] {Onix} ty Vad got 31c
[10:49] {Threei} good job Onix
[10:49] {magoo} ok cover here .33 TY vad
[10:49] {GeoArb} my only good trade today stp......
[10:49] {GeoArb} paid well though
[10:50] {magoo} uh, .77 minus ,33 equals um uh ??
[10:50] {magoo} carry the 3
[10:50] {GeoArb} 44?
[10:50] {Threei} lol
[10:51] {GeoArb} maaan oil
[10:51] {Threei} you make my life too complicated mags
[10:51] {hawkfan4} oil insane
[10:51] {hawkfan4} +6.30
[10:51] {GeoArb} phew
[10:51] {GeoArb} for a second there i though that was hawk's UAUA exit
[10:52] {Threei} I guess I need to take a break and go fill my tank before gas went to $5 a litre
[10:52] {hawkfan4} lol, no, but i did just partial at .31
[10:52] {GeoArb} uaua hovering at yes low
[10:53] {Threei} PENTAGON REITERATES WHITE HOUSE STATEMENTS THAT THE PACE OF RUSSIAN TROOP WITHDRAWAL IS 'MINIMAL'
[10:53] {Threei} - Note White House yesterday called for the Russians to pick up the pace in their departure from Georgia
[10:53] {Threei} minimal pace of withdrawal
[10:53] {GeoArb} i dont think there is going to be one
[10:53] {Threei} may I offer a wording:
[10:54] {Threei} negative pace of withdrawal, means actually adding troops
[10:54] {Threei} boy, I would be good spin doctor at PR
[10:55] {GeoArb} they are just "pacifying" he region
[10:55] {dino} you would think oil would rocket up on this
[10:58] {GeoArb} hmmm what happenned?
[10:58] {Threei} with what?
[10:58] {GeoArb} sudden es spike
[10:59] {dino} sm l cmed .60
[11:00] {magoo} es got a spike haircut??
[11:00] {GeoArb} :)
[11:00] {dino} nice es
[11:04] {magoo} l aapl sm .49
[11:05] {Onix} advice on SMTC please?
[11:07] {dino} dk
[11:08] {magoo} out aapl
[11:08] {magoo} no work
[11:08] {hawkfan4} USO looking higher
[11:11] {Threei} .50 will probably worth a try Onix
[11:11] {Threei} if stays above .40
[11:11] {Onix} ty
[11:13] {dino} cmed stopped -.30
[11:13] {Onix} in SMTC @ 15.52
[11:14] {Threei} IRAQI OIL MIN: MORE CRUDE ON MARKET THAN DEMAND
[11:17] {Threei} feeling at the moment is,
[11:17] {Threei} USO is going to break down through 98 and drop
[11:17] {Threei} if materializes, UAUA should post nice long off .50 break or so
[11:17] {magoo} oih short
[11:18] {magoo} l aapl .35 small risky
[11:19] {Threei} 98 broken
[11:19] {Threei} drop now, you slimy substance
[11:20] {magoo} in .46 100k shares
[11:20] {Threei} lol
[11:21] {magoo} out .48
[11:21] {magoo} how much i make??
[11:21] {Chaeron} 2000
06[11:21] * Chaeron slaps magoo around a bit with a large trout
[11:21] {magoo} :)
[11:21] {GeoArb} shouldnt the broker permission shorts based on account size?
[11:21] {GeoArb} wierd
[11:21] {magoo} laserdave limits my share size in bear now because of plays like that lol
[11:22] {GeoArb} lol
[11:22] {Threei} here we go
[11:22] {magoo} i am in .46
[11:23] {peterg} long uaua?
[11:23] {magoo} yres
[11:23] {Onix} in UAUA @ 11.50
[11:23] {dino} sm l pcln .13
[11:25] {dino} crm sm l .52
[11:25] {magoo} mkt should pop up on this oil
[11:25] {Threei} partial magoo
[11:26] {magoo} nmope
[11:26] {GeoArb} he said no and he is moping
[11:27] {Threei} partial magoo
[11:28] {magoo} no
[11:28] {Threei} don't make me beg
[11:28] {dino} sort of like a mog, half man half dog
[11:28] {GeoArb} how about us commoners?
[11:28] {Threei} rofl
[11:28] {GeoArb} all out.....
[11:28] {dino} spaceballs
[11:28] {GeoArb} 19 cents
[11:28] {GeoArb} thanks vad
[11:28] {Threei} welcome sir
[11:28] {GeoArb} erased mu previous uaua hurt
[11:29] {Threei} hurt as in not taking short?
[11:29] {GeoArb} heheh yeah
[11:29] {GeoArb} not making money is money lost no?
[11:29] {Threei} in a way...
[11:29] {magoo} out .74 TY vad
[11:30] {Threei} whew
[11:30] {Threei} welcome
[11:30] {Threei} Onix?
[11:30] {magoo} out AAPL .87
[11:30] {magoo} up good
[11:30] {Onix} got .24c in UAUA thanks Vad
[11:30] {GeoArb} 36 cents
[11:30] {GeoArb} nice magoo
[11:30] {magoo} [11:18] {magoo} l aapl .35 small risky
[11:30] {Threei} okay... peter?
[11:30] {GeoArb} i meant UAUA
[11:31] {hawkfan4} beauty call vad
[11:31] {Threei} ty
[11:31] {Threei} mostly, thank you for incerting word "call"
[11:31] {GeoArb} he has the baked alaska
[11:31] {GeoArb} wat call?
[11:32] {GeoArb} i didnt see the freen light
[11:32] {GeoArb} g
[11:32] {hawkfan4} yes, if i said "bod", you should be worried
[11:32] {GeoArb} ewww
[11:32] {Chaeron} thanks Vad... got .18 on UAUA
[11:32] {Threei} Chaeron :)
[11:33] {Threei} this must be one of the most obedient stocks in a long long while
[11:33] {GeoArb} jinxed
[11:34] {Threei} OPEC SHIPMENTS EXPECTED + 200K BPD TO 24.82M BPD IN 4 WEEKS TO SEPT 6 - TANKER TRACKER
[11:34] {Threei} - Note these figures are for OPEC without the inclusion of Angola and Ecuador{USO}
[11:36] {Threei} watching LEH for long
[11:36] {Threei} oil another drop, market move up and LEH being close to 13 support is idea of trade
[11:38] {magoo} u are confusing me...just call it with color freen
[11:38] {Threei} can't
[11:38] {GeoArb} oooooh
[11:38] {Threei} not a technical play, no exact levels
[11:39] {magoo} what u talkin bout willis??
[11:39] {Threei} lol
[11:40] {Threei} consider it a conceptual play:
[11:40] {Threei} if this and this event happen, then this reaction should follow,
[11:40] {Threei} if you get a delay between triggering event and reaction, use it for entry
[11:40] {GeoArb} one and two happenned
[11:40] {peterg} what is mark
[11:41] {peterg} et move up indicator
[11:41] {peterg} ?
[11:41] {Threei} hmm?
[11:41] {peterg} what is market up indicator
[11:41] {dino} pcln stopped -.23
[11:41] {peterg} Dow? rUSSEL?
[11:41] {GeoArb} oops missed third
[11:42] {Threei} I prefer NASDAQ... Dow will do too
[11:42] {GeoArb} why not es?
[11:42] {peterg} tks
[11:42] {Threei} ES is Dow in a form of futures, no?
[11:42] {GeoArb} sp vad
[11:42] {Threei} ugh
[11:42] {Threei} lol
[11:42] {GeoArb} comeone vad dont pull leg
[11:42] {GeoArb} ym=dow
[11:42] {magoo} here comes AAPL
[11:43] {Threei} YM is minis
[11:43] {GeoArb} of course
[11:43] {Threei} in short, asny of those will do
[11:43] {Threei} I have better feel for NQ
[11:43] {GeoArb} aayone take the conceptual leh play?
[11:43] {GeoArb} it was very well reasoned.....
[11:44] {magoo} im still looking that word up in pictionary
[11:44] {Threei} I guess common admiration by reasoning distracted everyone from actual antry {GGG}
[11:44] {GeoArb} lol
[11:44] {Threei} and mags
[11:44] {Threei} pictionary?
[11:45] {Threei} no wonder you can't find the word
[11:45] {magoo} yeah, i bought dictionary for dummys..has pictures alongside words
[11:45] {Threei} OK, attempt to envision a picture illustrating word "cenceptual" makes me dizzy
[11:46] {dptl} grabbed +.10 leh ty
[11:46] {Threei} scalpers can take LEH profit here
[11:46] {magoo} hence my problem
[11:46] {Threei} dp :)
[11:46] {GeoArb} dptl doee
[11:46] {GeoArb} geoarb {= talker
[11:46] {GeoArb} doer
[11:47] {dino} fwrd sm l .53
[11:47] {magoo} dewars?
[11:49] {dino} crm stop to .92
[11:50] {magoo} this mkts green or my nickname ain't mags
[11:50] {magoo} going freen i mean
[11:50] {magoo} freen=green
[11:50] {GeoArb} ok vad.... i gotta stop socializing here.... and only press buy sell keys
06[11:50] * magoo slaps Threei around a bit with a large trout
[11:50] {magoo} warming up
[11:50] {Threei} walking and chewing gum at the same time presents a peroblem?
[11:51] {dino} out crm +.40
[11:51] {GeoArb} yup
[11:51] {Threei} then chewing gum should take prirority
[11:51] {Threei} and you know what you are to do when run out of gum
[11:52] {magoo} slkap someone?
[11:52] {Threei} "I came to chew gum and kick a$$es... and I am out of gum"
[11:52] {dino} feeling down to me magoo
[11:52] {Threei} nice UAUA drop
[11:53] {Threei} if only oil reverses down again, will be good scalp
[11:54] {Threei} in
[11:54] {Threei} .44 stop
[11:55] {Threei} got .52
[11:55] {magoo} iun .57
[11:55] {Threei} losing 98 would be very nice of USO
[11:56] {Threei} and most likely would send it down for real
[11:57] {Threei} on the other side of the range, over .30 will render downside is not likely for a while
[11:57] {Threei} comeon, drop
[11:59] {Onix} in UAUA @ .51
[12:00] {Threei} perfect entry
[12:00] {Onix} ty
[12:03] {Chaeron} I got .50... but I don't like to brag
[12:03] {GeoArb} lol
[12:04] {Threei} why?
[12:04] {Threei} it's pleasant
[12:04] {Threei} earns you sincere hatred of many
[12:04] {Threei} which adds to a pleasure
[12:04] {hawkfan4} ok, i got .49
[12:04] {Threei} lol
[12:04] {Threei} here comes oil drop
[12:05] {GeoArb} i have never met anyone who has insincere hatred
[12:05] {Threei} predicted by me a few lines above (trying to brag too)
[12:08] {dino} alxn
[12:09] {GeoArb} oil rising?
[12:09] {Threei} just a little bounce
[12:09] {dino} no time for bouncy bouncy
[12:10] {Threei} IMO, going to lose 97.50
[12:11] {Chaeron} now you tell me
[12:11] {Onix} what means IMO?
[12:11] {Chaeron} In My Opinion
[12:11] {Onix} ty
[12:12] {GeoArb} above 1:1 no?
[12:12] {Threei} yup
[12:12] {Chaeron} IMHO means In My Humble Opinion.... not stock symbols
[12:12] {Threei} but I usually skip H for understandable reason
[12:12] {Chaeron} IMSAO
[12:12] {Chaeron} (Smart Ass Opinion) :)
06[12:13] * magoo slaps Chaeron around a bit with a large trout
[12:13] {Chaeron} I deserved that
[12:13] {GeoArb} took half off... gotta take kids to school
[12:13] {Threei} sharp red bar is coming on USO
[12:13] {Threei} ICHO
[12:13] {hawkfan4} agree, would love to see it back to 96
[12:14] {Threei} In Chaeron's Humble Opinion
[12:14] {Chaeron} heh
[12:14] {dino} alxn sm l .50 wide
[12:14] {hawkfan4} lol, was just getting ready to type ICHO into esignal
[12:15] {Threei} don't
[12:15] {Threei} it will show his picture
[12:15] {Threei} and you will be scarred for life
[12:15] {hawkfan4} hee :)
[12:15] {GeoArb} off to school guys good trading
[12:15] {Chaeron} true
[12:15] {Threei} :)
[12:15] {Threei} take care Geo
[12:15] {hawkfan4} cya geo
[12:15] {GeoArb} good first half thanks vad
[12:15] {magoo} GEO WAIT
06[12:15] * magoo slaps GeoArb around a bit with a large trout
[12:15] {GeoArb} (trout)
[12:16] {GeoArb} freeeeen
[12:16] {GeoArb} bye
[12:16] {dino} cya geo
[12:16] {Threei} come on USO, sharp red into .50
06[12:18] * Threei takes a bow
[12:18] {hawkfan4} well deserved
[12:18] {Threei} {dptl} how do you do that??
[12:19] {dptl} :)
[12:19] {hawkfan4} short qid .36, stop .45
[12:19] {magoo} vad, u ever see movie animal house?
[12:19] {Threei} now little bounce and dive under .50
[12:19] {Threei} no
[12:20] {hawkfan4} partial UAUA +.25
[12:20] {Threei} why mags?
[12:21] {Threei} little bounce is done
[12:21] {Threei} and now under .50
[12:21] {Threei} sh*t, I am good
[12:21] {hawkfan4} lol
[12:22] {Threei} :)
[12:22] {magoo} when u took bow, in movie they paddle your butt
[12:22] {Threei} animals... what can I say
[12:25] {dino} crm lod
[12:25] {hawkfan4} stopped qid -.10
[12:28] {dino} crm l sm off of .00 if it gets there
[12:41] {Threei} IRAQ OIL MIN: TARGETING 4.5M BPD OF OIL PRODUCTION IN 2012
[12:41] {Threei} - current production is about 2.5M bpd{USO}
[12:57] {magoo} .
[12:58] {magoo} ..
[12:58] {hawkfan4} ._.
[12:59] {Chaeron} hey... cut that out... I gotta sweep up after market close
[12:59] {hawkfan4} lol
[13:00] {dino} osip drop
06[13:00] * Threei slaps laserdave1 around a bit with a large trout
06[13:00] * Chaeron slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps laserdave1 around a bit with a large trout
06[13:01] * magoo slaps Chaeron around a bit with a large trout
06[13:01] * magoo slaps Threei around a bit with a large trout
[13:19] {GeoArb} back
[13:19] {GeoArb} are we in a position?
[13:19] {Threei} you left?
[13:20] {GeoArb} only in body
[13:20] {Threei} ah.. I must have sensed your spirit presence
[13:20] {judijim} take care everyone, Judi's off to psychology biz
[13:20] {Threei} take care jj :)
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
06[13:22] * laserdave1 slaps magoo around a bit with a large trout
[13:22] {magoo} wha i do lol
[13:23] {Threei} what didn't you do
[13:23] {Chaeron} name it
[13:23] {Chaeron} lol
[13:23] {Threei} aside of burning down Pompei
[13:23] {Threei} and even that only because it was down before you
[13:23] {magoo} it was troy..get it right
[13:23] {dino} vad, how was the cruise?
[13:23] {Chaeron} I'm pretty sure he had a hand in that too Vad... somehow....
[13:24] {Threei} inkredible
[13:24] {Threei} magnificent place
[13:24] {Threei} tours were just right, both train in Skagway and heli in Juneau
[13:24] {dino} it is. i need to go again in a few years
[13:24] {dino} glad you enjoyed it
[13:25] {Threei} I so di... but sheesh,
[13:25] {Threei} this darn all-you-can-eat...
[13:25] {GeoArb} ya know vad
[13:25] {GeoArb} this is the 5th time you mentioned this
[13:25] {GeoArb} i wonder if you really disliked all you can eat?
[13:25] {Threei} just the opposite
[13:25] {Threei} I liked it too much
[13:25] {GeoArb} hehehe
[13:25] {dino} lol
[13:26] {dino} out crm .40, +.40
[13:28] {magoo} laser dcc
[13:30] {dino} alxn stop to b/e won't move
[13:31] {dino} sm l pacr .43, stop .13
[13:39] {dino} isys sm l .00
[13:40] {dino} fwrd stop to b/e
[13:40] {dino} risky, sm l crm .50 wide
[13:42] {dino} out alxn .93, +.43
[13:44] {magoo} vad, what u stalking boog guy
[13:46] {GeoArb} booooog
[13:46] {GeoArb} (finally found something as a counter to freen)
[13:48] {dino} i miss 4 dats and i can't figure out the "new" language
[13:48] {Threei} remember that red dot on a wall from yesterday?
[13:48] {GeoArb} ok vad wins
[13:48] {Threei} it reappeared
[13:48] {dino} whats boog, freen, etc
[13:48] {GeoArb} boog=big
[13:48] {GeoArb} freen=green
[13:48] {GeoArb} basic typos dino
[13:48] {GeoArb} we are still the same
[13:49] {dino} ahhhh
[13:49] {dino} thought maybe a conspiracy
[13:50] {dino} out fwrd +.06
[13:51] {dino} isys stop to .35
[13:53] {dino} to .40
[13:54] {magoo} 2 pm smackdown anyone??
[13:54] {hawkfan4} solf anhialated
[13:55] {dino} ouch
[13:55] {hawkfan4} short from 20.29 :)
[13:55] {magoo} may bounce..careful not in it
[13:55] {hawkfan4} out. stole your idea mags, thanks
[13:56] {magoo} u dog, er,um bird
[13:57] {dino} crm stop to .45 to whippy
[13:57] {dino} wtg hawk
[13:57] {dino} you bird of prey you
[13:58] {hawkfan4} thanks, lucky one, but i'll take it
[13:59] {dino} isys to .45 stingy w/it
[13:59] {dino} out crm .45, -.05
[14:00] {dino} you know my feelings on luck hawk
[14:01] {hawkfan4} yes i do
[14:01] {dino} pacr stop to .49
[14:02] {dino} out isys .44, +.44
[14:05] {dino} pacr to .58
[14:08] {dino} to .65
[14:13] {dino} to .76
[14:16] {dino} out +.33
[14:16] {dino} brb
[14:17] {hawkfan4} nice job dino
[14:20] {magoo} vad, what u got??
[14:20] {dino} ty hawk
[14:20] {dino} trying to keep the streak alive
[14:26] {magoo} no smackdowen
[14:29] {Threei} too jerky mags
[14:29] {Threei} can't catch the rythm
[14:29] {Threei} oil sharp down, then sharp up
[14:29] {Threei} neither had much indication of coming
[14:35] {magoo} yeah, bumed i missed aapl run
[14:35] {dino} apwr drop
[14:35] {magoo} was stalking it 172 .70 area
[14:36] {magoo} oi thought mkt pullbk
[14:37] {peterg} theres always RIMM...................
[14:58] {magoo} dammit..now i missed my pullbk
[14:59] {Onix} now the sunshine woke me up here in Vancouver!
[15:00] {dptl} yeah,,,no kidng :)
[15:01] {Onix} never knows if it is going to be summer or winter here ... sunshime great for a change
[15:02] {Threei} whiners
[15:02] {Threei} 1 year in Winnipeg for ya all, my verdict
[15:02] {Onix} winers is more like it
[15:03] {dptl} :)
[15:03] {Threei} you'll return much more appreciative of Vancouver's climate
[15:04] {Onix} no kiddding! i actually just LOVE it here!
[15:04] {Threei} if you return that is
[15:07] {Threei} here is recipe for anyone who thinks he has a lot of problems
[15:07] {GeoArb} become a newfie?
[15:07] {Threei} if your shoe size is 41, for 1 week wear size 40
[15:07] {Threei} in a week take it off and tell me you are not happy
[15:08] {Onix} where did you receive your training again?
[15:08] {Threei} Al Bundy shoe store
[15:08] {Chaeron} lol
[15:08] {dptl} lol
[15:08] {GeoArb} vad's telling his chioldhood stories
[15:08] {Onix} i thopught it was with crox?
[15:09] {Threei} Crox... one thing I'll never understand :)
[15:10] {dino} rick rockin'
[15:11] {Onix} apparently quite comfortable shoes, but have not tried them myself
[15:13] {Threei} oil spiking looks like
[15:13] {Threei} watching UAUA for short
[15:18] {Threei} in .40
[15:18] {Threei} .51 stop
[15:18] {magoo} am i chasing here?
[15:18] {Threei} try to catch snapback
[15:18] {Threei} UAUA does them constantly
[15:20] {dino} calling it a day. over goal, so heading out early. thx all.
[15:20] {Threei} great to see you return in shape dino
[15:21] {Threei} was the case with me too
[15:21] {Threei} not every vacation it happens :)
[15:21] {dino} thx and good job. so far vacations been good to me this year
[15:22] {Threei} every vacation during which I don't fall over the board, don't get eaten by great white etc is good for me...
[15:22] {GeoArb} so i guess your wife failed
[15:22] {Threei} I was alert
[15:22] {GeoArb} :)
[15:22] {dino} lol. take care
[15:22] {Threei} never turned my back when on outer deck
[15:23] {Threei} and kept her pre-occupied by buying her some jewellery
[15:24] {Threei} shiny shiny things, you know...
[15:25] {GeoArb} :)
[15:31] {dptl} ok... gonna go enjoy a little bit of that sunshine in here.....have a good evening all :)
[15:31] {Threei} take care dp :)
[15:31] {magoo} c u dp
[15:38] {Onix} enjoy!
[15:41] {Onix} UAUA ever going to break down today?
[15:42] {Threei} USO is climbing
[15:44] {magoo} u still sh uaua?
[15:44] {Onix} opposites attract?
[15:44] {Onix} yes ss @11.34
[15:45] {Threei} covered half .29
[15:45] {magoo} i never got entry
[15:45] {Threei} trailed stop to .46
[15:55] {peterg} ok power rangers, see your tomorrow!
[15:56] {peterg} and you, too
[15:56] {Threei} take care peter
[15:57] {magoo} bye peterg
[15:58] {Onix} out with my 4c ty
[15:59] {Threei} don't spend it at once
[15:59] {Threei} and ot one place
[16:00] {Threei} OK guys, thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {magoo} ty vad
Wednesday, August 20, 2008
Aug 20 2008
Session Time: Wed Aug 20 00:00:00 2008
[08:19] {Threei} 07:23am [LEH] Price Target lowered to $28 from $45 at Bernstein; Maintains market perform rating
[08:19] {Threei} [LEH] Lehman Brothers Holdings Inc Reportedly Goldman cuts earnings estimates for brokerage firms (timing uncertain)
[08:19] {Threei} - Goldman cuts JPM Q3 EPS estimate to $0.40 from $0.64 (consensus estimate is $0.51e)
[08:19] {Threei} - Goldman cuts LEH 2008 EPS estimate to -$9.65 from -$2.10 (consensus estimate is -$3.17e)
[08:19] {Threei} - Goldman cuts MS Q3 EPS estimate to $0.85 from $1.10 (consensus estimate is $0.88e)
[08:20] {Threei} these GS cuts from yesterday after hours
[08:21] {hawkfan4} good morning
[08:21] {Threei} good morning :)
[08:21] {Threei} may I make little confession?
[08:21] {hawkfan4} yes
[08:22] {Threei} couldn't resist and took LEH short on the close,
[08:22] {Threei} then saw afterhours drop and covered 12.60
[08:22] {Threei} glad I did both, lol
[08:23] {hawkfan4} :) nice. i took it too, but only covered a part after hours at .65. was hoping for a big morning drop
[08:23] {Threei} haha... I knew it
[08:24] {Threei} not sure why it's floating still this morning, the wight on its ankles is enormous
[08:24] {Threei} weight
[08:24] {Threei} but financials behaved against all logic way too opften over last months
[08:25] {Threei} and I am trained to see "against the logic" behavior as an opportunity to go against the crowd that follows obvious
[08:25] {Threei} so I am torn here
[08:25] {hawkfan4} yeah , i was just thinking about that too. hard to imagine it wants to rally, but hmmm
[08:25] {Threei} can't see LEH, FNM etc as long
[08:26] {Threei} and can't stay short against all my conditioning
[08:29] {brian3579} gm
[08:30] {Threei} brian :)
[08:30] {Threei} SATC
[08:30] {Threei} TO POWER NORTH AMERICA'S LARGEST SINGLE ROOFTOP SOLAR ARRAY
[08:31] {Threei} when zI went to Costco to replenish the content of the fridge after vacation, saw interesting thing
[08:32] {Threei} big solar panel
[08:32] {Threei} $299
[08:32] {Threei} tried to remember its parameters to look up what it can do
[08:33] {Threei} but managed to remember them just long enough to forget before I got to the pen and paper
[08:33] {cosmo} 15W prolly..
[08:33] {hawkfan4} interesting, i have to hut costco soon, i'll look for it.
[08:33] {Threei} expected for a while these things to start appearing on a consumer level and becoming more and more useful and cost-effective
[08:34] {Threei} please let me know hawk, I don't expect myself to be there for couple of weeks
[08:34] {Threei} signage on the box said,
[08:34] {hawkfan4} i will
[08:34] {Threei} can provide backup power in case of outage
[08:35] {Threei} charge a lot of portable devices
[08:35] {Threei} in both 12 or 110 V
[08:35] {Threei} umm... in either
[08:35] {Threei} :)
[08:36] {Threei} it has a metal stand for the panels
[08:41] {magoo} jhdfgdngf
[08:42] {Threei} I hate to disagree
[08:42] {Threei} but I am prfetty sure it's jhdfgdingknflit
[08:43] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11298029&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=7&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:43] {Threei} this is it cosmo, I think
[08:44] {cosmo} or its close..
[08:44] {Threei} I had an impression there were three panels, not four
[08:44] {Threei} but can be mistaklen
[08:44] {Threei} afrter all, I was there after food, empty fridge etc, hard to focus
[08:44] {Threei} 60W
[08:44] {Threei} fairly decent, no?
[08:45] {cosmo} small appliances, it says
[08:47] {cosmo} if you pay a little more....
[08:48] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11248624&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=9&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:48] {Raven}
3 Have friend who spent $13K out of pocket (grants and tax rebates funded rest of $40K total cost)
[08:49] {Raven}
3 he pumps power back into grid all summer
[08:49] {Raven}
3 in Oregon
[08:49] {Raven}
3 figures it'll pay back in 10 years
[08:49] {Threei} do economics work overall for him?
[08:49] {Threei} oh
[08:49] {Raven}
3 loves to watch electric meter spin BACKWARD
[08:50] {Raven}
3 rofl
[08:50] {Threei} yeah, that must be fun
[08:50] {cosmo} it beats having a swimming pool...
[08:50] {Threei} although in old times USSR people did that with two wires hooked to meatl heating radiator
[08:50] {Raven}
3 and Oregon has less than sunny winter season
[08:50] {Threei} murmuring "the state is us"
[08:51] {Raven}
3 lol
[08:51] {Raven}
3 also Oregon is quite generous with grants and tax rebates
[08:52] {Raven}
3 each state is different I think
[08:57] {cosmo} some are more photosynthetic than others...
[08:57] {Raven}
3 you bet
[08:58] {magoo} vad, u got sec
[08:58] {cosmo} AZ should lead
[08:58] {Raven}
3 CA too
[08:58] {Raven}
3 southern CA
[08:58] {Raven}
3 San Diego
[08:58] {Onix} Good morning!
[08:59] {cosmo} Sempra not as friendly as PG&E
06[09:00] * magoo slaps Threei around a bit with a large trout
[09:00] {Raven}
3 Oh ... another variablr
[09:00] {Raven}
3 variable
[09:00] {cosmo} SDG&E and SCE need to wake up
[09:01] {Threei} mags?
[09:01] {magoo} i lost my scanner window stocks down pre mkt, cant remember how to recreate it
[09:03] {Threei} rta://NewAlertWindow/?O=4000000000000000000000000000000_1D_0&MaxFCP=-5&MinVol=200000&WN=Stocks+Down+Big+in+Pre+Market+Trading
[09:03] {Threei} right click - configure - standard strategies
[09:04] {Threei} or
[09:04] {Threei} right click - configure - recent settings
[09:04] {cosmo} CSUN
[09:04] {GeoArb} gm
[09:04] {Threei} Geo :)
[09:05] {magoo} i see prop standard rececent
[09:05] {magoo} oh wait
[09:06] {pita} gm all
[09:07] {Threei} pita :)
[09:07] {magoo} thanx boss
[09:07] {Threei} always
[09:08] {Threei} ummm... sometimes
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:10] {fernp} Good morning all
[09:10] {magoo} so easy and i totally forgot how to create new window..sigh
[09:11] {Threei} fern :)
[09:12] {tomg} good morning
[09:13] {Threei} tom :)
[09:15] {esemde} good M...
[09:15] {Threei} ese :)
[09:18] {Threei} I don't have much for the open
[09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:19] {Threei} also we have oil inventories today
[09:20] {Threei} so at some point UAUA should get active
[09:25] {Threei} Warren Buffet and Bill Gates are in Alberta overviewing oilsands industry
[09:26] {cosmo} once they clean that sand, they can make solar panels
[09:26] {dptl} good morning all
[09:26] {Threei} dp :)
[09:27] {peterg} gmng
[09:27] {Threei} peter :)
[09:28] {Threei} solars were strong yesterday and are gapping up this morning
[09:28] {Threei} not sure if that's a sector in play...
[09:28] {Threei} they have this feel of stalled bread
[09:28] {Threei} or flat beer
[09:28] {hawkfan4} 09:26 SOL ReneSola initiated with a Buy at Merrill- tgt $30 (17.49 ) -Update
[09:29] {GeoArb} tan
[09:29] {Threei} should be scalpable I guess
[09:29] {Threei} thin trader
[09:29] {GeoArb} yeah :9
[09:29] {GeoArb} just for trend
[09:31] {cosmo} SOLF holding 17 ...so far
[09:32] {Threei} SOL .15 long if holding above 18
[09:34] {Threei} semi-aggresive entry, if .10 gets taken
[09:36] {Threei} offer half at .27 - .30
[09:36] {Threei} feels more than a scalp to me
[09:37] {Threei} out half at .29
[09:37] {magoo} wait .45
[09:38] {fernp} out here. thanks Vad
[09:38] {Threei} offer 1/4 more at .45
[09:38] {Threei} welcome
[09:39] {Threei} 1/4 more out
[09:39] {peterg} I see--SOL is not SOLF
[09:39] {GeoArb} :)
[09:39] {magoo} out ty boss .45
[09:39] {Threei} now, your choice:
[09:39] {Threei} offer last portion around .60
[09:39] {Threei} or just try to ride it
[09:40] {tomg} thanks vad
[09:40] {Threei} tom :)
[09:40] {Onix} Out SOL for +.48, thanks Vad!
[09:40] {Threei} welcome sir
[09:40] {Onix} sorry .. out at .48 = 34c
[09:41] {Threei} what's 12 cents between friends
[09:41] {Threei} umm... 14
[09:41] {Threei} lol
[09:41] {Onix} exciting!
[09:42] {Threei} another day in the office...
[09:42] {Threei} look at LEH morning spikes both ways
[09:42] {Threei} [09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:42] {Threei} that was some morning rush to wait out eh?
[09:42] {GeoArb} cnq?
[09:43] {Threei} no read here Geo, sorry
[09:43] {Threei} mags, you are all out or holding any?
[09:44] {magoo} all out
[09:44] {Threei} k
[09:45] {Threei} NCOC interesting daily
[09:45] {Threei} but Roman has better feel for this one
[09:46] {tomg} EXP vad?
[09:46] {Threei} volatile like hell...
[09:46] {Threei} strong momo but very hard to control risk
[09:47] {Threei} MER
[09:47] {Roman}
21 TXCO interesting but very thin
[09:47] {Threei} .25 short if stays below .30
[09:50] {Threei} US TREASURY REPORTEDLY IN COMMUNICATION WITH GSES AND REGULATORS, BUT A FRE MEETING IS YET TO BE CONFIRMED
[09:50] {Threei} {FNM FRE}
[09:51] {Threei} stopped MER
[09:52] {Threei} picked wrong financial for short, FNM was much better
[09:52] {Threei} told ya it's bottomless
[09:53] {Onix} stopped MER
[09:54] {magoo} me too
[09:57] {Threei} pains me to say... but LEH starts looking like long
[09:57] {Threei} if holding above 13
[09:57] {Threei} hard to pick entry, not much to indicate it
[09:57] {Threei} if you like, just grab it here
[09:57] {Threei} stop is tight enough
[09:58] {esemde} long NVDA 13.62
[09:59] {esemde} went long as it crossed the open print
[09:59] {magoo} mkt feels like rally
[09:59] {Threei} LEH went to 1:2 in a hurry from .10 entry
[10:00] {Threei} feels not done yet
[10:00] {Threei} don't chase if you haven't taken it close to 13
[10:00] {Threei} it's a day for safe entries with tight stops
[10:03] {magoo} leh bounce entry vad?
[10:03] {Threei} late
[10:03] {Threei} impossible to call in time
[10:03] {magoo} as i typed it was .90
[10:03] {Threei} either you are ready and grab it as it occurs or let it go
[10:04] {esemde} pick a solar...any solar....they almost all green on my solar screen....
[10:07] {Threei} for the record, I don't expect today to be very generous on trading opportunities
06[10:07] * magoo slaps Threei around a bit with a large trout
[10:07] {Threei} although oil inventories may provide something
[10:07] {Threei} but it's August after all
[10:07] {magoo} watcjh uso as a long
[10:07] {Threei} and:
[10:07] {magoo} not in
[10:07] {Threei} ·“Don't be seduced into thinking that that which does not make a profit is without value.” - Authur Miller
[10:08] {peterg} wow
[10:08] {esemde} long STP .51 1/2 lot
[10:08] {Threei} observing these moves is invaluable education
[10:08] {tomg} cnq on pullback?
[10:08] {magoo} u in leh?
[10:08] {Threei} me no
[10:09] {magoo} u like it?
[10:09] {Threei} CNQ, hmm
[10:09] {Threei} I would prefer deeper pullback on it
[10:09] {tomg} ty
[10:09] {magoo} k
[10:09] {Threei} around 82 or even lower
[10:09] {tomg} k
[10:10] {Threei} LEH 13.01 mags
[10:10] {Threei} with 12.89 stop
[10:10] {magoo} in vad
[10:11] {Threei} 1:2 like there is nothing to it
[10:11] {Onix} Had it like that for a while now: in @13.02 & stop 12.89
[10:11] {esemde} out STP .75 +.24
[10:11] {Threei} don't oversit them
[10:11] {Threei} 1:2 is good
[10:11] {Threei} beautiful one ese
[10:12] {esemde} exactly
[10:12] {esemde} tks
[10:12] {Threei} 1:3
[10:12] {magoo} out LEH .30 TY boss
[10:12] {Threei} welcome
[10:12] {Threei} 1:4
[10:13] {Threei} if you don't profit from it and let it go negative on you, don't ever talk to me again
[10:13] {Threei} I'll pretend I don't know you
[10:13] {Threei} Onix, you took it?
[10:13] {hawkfan4} that was nice, thx :)
[10:13] {Onix} got +.32 LEH thnx Vad
[10:13] {esemde} nice move stp
[10:13] {Threei} hawk :)
[10:14] {Threei} wtg guys
[10:14] {magoo} u da man, er, um lil dude vad:)
[10:15] {Threei} realize that you are profiting in an easy and safe way day after day in what is labeled by most as one of the most difficult markets in theirlifetime
[10:15] {Threei} NVDA goes for you ese
[10:15] {esemde} am liking it....
[10:17] {esemde} will be out 1/2 soon....let the rest ride
[10:17] {Threei} 20 min till oil numbers
[10:17] {Threei} PREVIEW: DOE AND API PETROLEUM INVENTORIES DUE AT 10:35AMET.
[10:17] {Threei} **consensus expectations:
[10:17] {Threei} Crude: +1Me
[10:17] {Threei} Gasoline: -2.8Me
[10:17] {Threei} Distillate: +750Ke
[10:17] {Threei} Utilization: 86.3%e
[10:17] {Threei} *crude inventories expected to rise as shipments that were delayed by Tropical Storm Eduoard began to arrive last week.
[10:17] {Threei} [09:57] {Threei} pains me to say... but LEH starts looking like long
[10:18] {Threei} pains me even more to say I was right, lol
[10:18] {esemde} NVDA out 1/2....+.25
[10:18] {magoo} you are like dr. smith.."the pain the p[ain"
[10:18] {GeoArb} wow
[10:19] {GeoArb} educated lot here
[10:19] {Threei} well, my philosophy is "no pain - good!"
[10:19] {GeoArb} damn
[10:19] {GeoArb} its a movie
[10:19] {GeoArb} series
[10:20] {Threei} FNM
[10:20] {Threei} CEO: COMPANY HAS MORE CAPITAL THAN IT HAS EVER HAD IN ITS HISTORY - RADIO INTERVIEW
[10:20] {Threei} I have just one question
[10:20] {Threei} whos cash is that?
[10:20] {GeoArb} ok that hut vad
[10:20] {fernp} out half BEXP +.20
[10:21] {GeoArb} it isnt the canadians that i can tell ya
[10:21] {Threei} also, if so,
[10:22] {Threei} why are we continuing to hear about this or that form of nationalizing them, rendering common wtock worthless etc
[10:22] {tomg} in cnq 82.08
[10:22] {tomg} out .48
[10:22] {Threei} nonetheless, nice spike FNM
[10:23] {peterg} cuz their ceo's are lying @@@'s?
[10:23] {Threei} wow tom
[10:23] {Threei} patience paid off eh? waited for 82
[10:23] {esemde} CNQ looks real good tom
[10:23] {tomg} ty on pb advice :)
[10:23] {Threei} always
[10:23] {Threei} I mean, sometimes
[10:23] {tomg} :)
[10:23] {GeoArb} sniff cnq
[10:24] {esemde} still movin STP
[10:24] {GeoArb} [09:42] {GeoArb} cnq?
[10:25] {esemde} didn't there use to be an oil product called STP....maystill is don't know
[10:25] {Threei} [09:43] {Threei} no read here Geo, sorry
[10:25] {GeoArb} :)
[10:25] {GeoArb} i guess tomg is a self starter heheheh
[10:26] {Threei} we exchanged on it later Geo
[10:26] {GeoArb} and off course i missed
[10:26] {Threei} after CNQ moved more and started pulling back
[10:26] {Threei} [10:08] {tomg} cnq on pullback?
[10:26] {Threei} [10:09] {Threei} CNQ, hmm
[10:26] {Threei} [10:09] {Threei} I would prefer deeper pullback on it
[10:26] {Threei} [10:09] {tomg} ty
[10:26] {Threei} [10:09] {magoo} k
[10:26] {GeoArb} yup see it now
[10:27] {GeoArb} sniff.... i need more coffee
[10:27] {Threei} [10:09] {Threei} around 82 or even lower
[10:27] {Threei} [10:09] {tomg} k
[10:27] {Threei} bottomed out at 81.87
[10:27] {GeoArb} hey vad you still using one min charts?
[10:28] {Threei} yes why?
[10:28] {GeoArb} just curious
[10:28] {GeoArb} i sometimes like 2 min better or 5
[10:28] {Threei} why not
[10:28] {Threei} there is no better or worse way
[10:28] {Threei} there is one that works for you
[10:28] {GeoArb} just trying ot
[10:28] {GeoArb} makes me hold longer
[10:29] {peterg} interesting
[10:29] {Threei} of course it does
[10:29] {GeoArb} problem is cant go full lot on that
[10:30] {Threei} it's not a problem... it's direct outcome of risk/reward equation
[10:30] {GeoArb} yeah that sounds better :)
[10:33] {tomg} cnq going for hod
[10:33] {GeoArb} oil out yet?
[10:33] {GeoArb} i am on my hands
[10:34] {Threei} 2 min
[10:34] {Threei} 1
[10:35] {GeoArb} mdt nice
[10:35] {Threei} DOE CRUDE: +9.4M V +1ME;
[10:35] {Threei} GASOLINE: -6.2M V -2.8ME; DISTILLATES: +480K V +750KE; UTILIZATION: 85.7% V 86.3%E
[10:35] {Threei} *API Inventory:
[10:35] {Threei} - Crude Inventories: +12.4M
[10:35] {Threei} - Gasoline: -1.9
[10:35] {Threei} - Distillate: +300K
[10:36] {GeoArb} yup cnq dropped
[10:36] {GeoArb} hahahahaha
[10:36] {tomg} yup, follows oil
[10:36] {GeoArb} canadian national res
[10:36] {magoo} uaua responded
[10:36] {GeoArb} i thought restaurant
[10:36] {GeoArb} i checked
[10:36] {GeoArb} oops
[10:37] {GeoArb} is national resource......i need to read up
[10:37] {tomg} :)
[10:37] {esemde} if the NDX breaks above 1921.99....skys the limit today
[10:38] {Threei} http://www.cnrl.com/
[10:38] {Threei} Canadian Natural Resources
[10:38] {GeoArb} yeah
[10:38] {GeoArb} mm just says canadian nat res
[10:39] {GeoArb} but i found a cool thing... if i double click the mm.... it opens the google finance for it
[10:39] {Threei} what's mm?
[10:39] {GeoArb} market meker LII box
[10:39] {Threei} ah
[10:40] {tomg} don't see mm box Geo
[10:40] {GeoArb} its funny.... at 10:31 UAUA was breaking lows at twice normal volume
[10:40] {GeoArb} cant just do scanner.....news matters
[10:41] {Threei} well, oil numbers propped a move
[10:41] {GeoArb} yup
[10:41] {Threei} and UAUA is oil-dependent mover
[10:41] {GeoArb} i was thinking if i wasnt in this room i would be short hehehehe
[10:41] {GeoArb} but then i wouldnt have a scanner !
[10:42] {Threei} rofl
[10:42] {GeoArb} lol
[10:42] {tomg} Geo, you talking about mm box on LII in Laser?
[10:42] {GeoArb} no my broker
[10:42] {Threei} well... being in the room saved you from 1 dollar move against you
[10:42] {tomg} ah, ok
[10:42] {GeoArb} yup
[10:45] {Threei} have a look at VPHM
[10:46] {hawkfan4} looking
[10:46] {Threei} serious relstive strength, makes new 52 weeks highs
[10:46] {Threei} just broke 14 resistance on daily
[10:47] {Threei} not sure I have a call on it at this moment
[10:47] {Threei} mentioning it for thiose of you who see it as a play
[10:49] {GeoArb} vad i am curious..
[10:49] {GeoArb} any reason you dont play gap fill/ gap and go setups?
[10:50] {Threei} I like them
[10:50] {Threei} I just don't actively scan for them
[10:50] {GeoArb} do you scan for them?
[10:50] {GeoArb} hhe
[10:50] {Onix} missed on VPHM
[10:50] {Threei} simply no room for more scans I guess :)
[10:50] {GeoArb} yeah
[10:50] {Threei} but if I stumble onto one of those while surfing, I do like them
[10:50] {Threei} if you scan for them, feel free to share
[10:51] {esemde} you have alot of screens Vad...what is your favorite
[10:51] {GeoArb} i am developing a scan bt would off course need your guidance on how to play em
[10:51] {GeoArb} i like gap and go better than gap fill
[10:51] {Threei} I don't have favorite really ese
[10:52] {esemde} if you had to choose...which one would it be
[10:52] {Threei} hmmm
[10:52] {esemde} putting you on the spot i know
[10:52] {Threei} it changes with market///
[10:52] {Threei} some work better in one type of market, some are in another
[10:53] {GeoArb} anyone take vphm?
[10:53] {Threei} so my answer today may be different from my answer tomorrow
[10:53] {fernp} me
[10:53] {GeoArb} makes sense
[10:53] {GeoArb} i missed but looks good
[10:53] {esemde} indeed.......
[10:53] {Threei} and you will say I am a flip flop worse than presidenatila candidates
[10:54] {tomg} TWB
[10:55] {tomg} ?
[10:55] {GeoArb} mdt vad?
[10:57] {fernp} out VPHM +.18 thanks Vad
[10:57] {Threei} MDT is a bit too narrow for this price range
[10:57] {Threei} fern :)
[10:57] {Threei} TWB, not sure
[10:57] {GeoArb} OK
[10:57] {Threei} this kind of setup I'd be happy to see an hour ago
[10:57] {Threei} now it can easilt to just stall
[10:58] {tomg} ty
[10:58] {esemde} GO NVDA BABYYYYYYYYY!!!!!!!!
[10:59] {magoo} [09:59] {magoo} mkt feels like rally
[10:59] {esemde} i'll second that
[11:00] {esemde} not only feels like....IS.....
[11:01] {tomg} ty for help, vad, have a nice day everyone
[11:02] {Threei} take care tom, good job
[11:02] {tomg} :)
[11:06] {GeoArb} off to work.... thanks
[11:06] {Threei} take care Geo
[11:07] {dptl} pdli?
[11:08] {Threei} not really lunch time setup,
[11:08] {Threei} may go slowly if market continues climbing
[11:09] {dptl} ah ..ty...got .46 to try..:)
[11:10] {tomg} just one more thing before i go....i want to apologize to laserdave in front of the whole group....i posted negative comments about him a while back.......when he was trying his best to help me
[11:10] {tomg} i was panicking and took it the wrong way
[11:10] {dptl} stop under .39 pdli
[11:11] {tomg} maybe you want to edit this out, vad, but i never will feel right until i get it said that i'm sincerely sorry
[11:11] {Threei} who is laserdave?
[11:11] {tomg} man :)
[11:11] {Threei} :)
[11:11] {Threei} I notice him when he is here and I am in the truot-slapping mood
[11:11] {Threei} (which I always am)
[11:12] {tomg} i apologized to him personally, of course
[11:12] {Threei} I think it's all long forgotten tom
[11:12] {Threei} little trout between friends, whatever
[11:12] {tomg} thanks, vad :)
[11:13] {magoo} trout????
06[11:13] * magoo slaps Threei around a bit with a large trout
[11:13] {Threei} ugh
[11:14] {Threei} I walked right into it... knew how dangerous it was to even mention fish in magoo's poresence
[11:14] {fernp} again out of VPHM +.12
[11:15] {Threei} lol
[11:15] {Threei} this is not nice fern
[11:15] {Threei} I di not mention it for you to bludgeon it
[11:16] {Threei} scalp it one thing... but you are dismembering it
[11:16] {fernp} lol
[11:16] {fernp} easy money
[11:16] {Threei} favorite kind
[11:16] {fernp} mine too
[11:24] {hawkfan4} kinda like UAUA over 13 with a stop .84, or short under .85, depends on oil's next move
[11:28] {magoo} vad, kinda looking for pullback short scalps here
[11:32] {Threei} pretty much USO dependent mags
[11:32] {Threei} if it continues down, market is likely to continue climbing
[11:39] {magoo} ok, just a thought
[11:47] {Threei} aimless wandering
[12:03] {Threei} SOLF is still climbing... can't bring myself to play it
[12:04] {hawkfan4} was just looking at solf, watching SOL again. It's basically SOLF without the F
[12:05] {magoo} brb
[12:10] {hawkfan4} trying USO .60, stop under .40
[12:32] {hawkfan4} SOL .40, stop under .24
[12:33] {fernp} out PDLI +.10
[12:34] {hawkfan4} gj
[12:40] {hawkfan4} USO stop to .64
06[12:44] * Threei slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
[12:44] {Chaeron} that last one was for magoo... he's away for a sec
[12:45] {dptl} team work eh:)
06[12:47] * magoo slaps laserdave1 around a bit with a large trout
[12:47] {magoo} thanx charbro
[12:47] {Chaeron} gotchr back bro
[12:55] {laserdave1} why thanks
[12:56] {GeoArb} hey dave dcc pls
[13:05] {GeoArb} .
[13:06] {Threei} very very fine point
[13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:20] {magoo} vad, my question on mt
[13:20] {magoo} mt=mkt
[13:20] {Threei} [13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:21] {magoo} u sdtalkin anything anywhere anytime anyhow?
[13:21] {Threei} yes
[13:21] {Threei} I made this mistaake of aiming laser pointer at the wall
[13:21] {Threei} not I am stalking the red dot
[13:21] {Chaeron} oh geesh
[13:22] {Threei} not = now
[13:32] {Threei} (RU) RUSSIA FOREIGN MINISTRY: US-POLAND MISSILE DEAL HAS ESTABLISHED AN ARMS RACE IN EUROPE
[13:32] {Threei} - Russian protests will include more than diplomatic statements in response to missile shield program
[13:32] {Threei} - US missile shield plan is part of a very dangerous group of military projects
[13:32] {Threei} welcome to new cold (and we can hope only cold) war
[13:34] {Threei} LDK is intriguing
[13:41] {GeoArb} well about that .....
[13:41] {GeoArb} we go here and keep prodding the bear
[13:41] {GeoArb} what do you think is gonna happen?
[13:41] {magoo} ldk is the crazy one right vad?
[13:53] {hawkfan4} .
[13:56] {Threei} sorry guys, had urgent errand
[13:56] {Threei} it is mags
[13:56] {Chaeron} you were gone?
06[13:57] * Threei slaps Chaeron around a bit with a large trout
06[13:57] * magoo slaps Chaeron around a bit with a large trout
[13:57] {Threei} well Geo... IMO, this is the bear that is not going to lay down and sleep quietly even if you don't prod it
[14:07] {esemde} have a great rest of the day all.....am heading in too work...got classes to prepare for
[14:07] {Threei} FNM... 4.73 becomes a shart trigger
[14:07] {Threei} take care ese :)
[14:07] {esemde} see ya vad
[14:08] {Threei} PIMCO'S GROSS: CURRENT STOCK PRICES FOR GSES INDICATE MARKET PRICING STOCKS AT ESSENTIALLY ZERO - CNBC COMMENTS
[14:08] {Threei} {FNM FRE}
[14:08] {Threei} hmm?
[14:08] {Threei} zero is zero
[14:08] {Threei} I see FNM at 4.80
[14:09] {Threei} if it's all the same to Cross, I am w'illing to short here under his agreement to sell it back to me at zero
[14:10] {hawkfan4} sounds fair
[14:10] {magoo} are u shorting it here?
[14:10] {Threei} yes
[14:10] {Threei} got .74
[14:10] {Threei} .85 stop
[14:12] {magoo} in .66
[14:12] {Threei} wow
[14:12] {Threei} why so much chasing?
[14:12] {magoo} thats where it was when i asked
[14:12] {Threei} [14:07] {Threei} FNM... 4.73 becomes a short trigger
[14:13] {magoo} oops
[14:16] {GeoArb} so i have been thinking vad
[14:16] {GeoArb} :)
[14:16] {Threei} hurt?
[14:16] {magoo} oy
[14:16] {GeoArb} how about a scrpt so that when you make a call it starts with ALERT!!
[14:16] {Threei} over 1:1 FNM
[14:17] {Threei} it means additional typing geo
[14:17] {magoo} ggggggggggtttrt
[14:17] {GeoArb} problem is it will say alert even when you make your jokes
[14:17] {GeoArb} no it will insert it automatically
[14:17] {GeoArb} a script
[14:17] {GeoArb} only for you
[14:17] {GeoArb} so sleeperrs like me and magoo dont miss
[14:17] {GeoArb} :0
[14:17] {Threei}
JBE Setup:
0,3 TEST 20
[14:17] {GeoArb} seeee
[14:17] {Threei}
Long Setup:
0,3 TEST 20
[14:18] {Threei}
Short Setup:
0,4 TEST 20
[14:18] {GeoArb} you have stuff hidden
[14:18] {Threei}
DBI Setup:
0,4 TEST 20
[14:18] {GeoArb} hmmmm
[14:18] {GeoArb} this is beautifull
[14:18] {magoo} symbiol??TEST not coming up
[14:18] {GeoArb} what do you think guys?
[14:19] {Threei} told ya FNM was bottomless
[14:19] {magoo} [14:18] {magoo} symbiol??TEST not coming up
[14:19] {patience} if you need it geo......
[14:19] {magoo} isTEST on bulletin board??
[14:19] {Threei} scalpers have almost 1:3 FNM
[14:20] {Chaeron} might be a pink sheet mags :)
[14:20] {magoo} magoos patented 2-230 smackdown here
[14:20] {GeoArb} it keeps him loud and separate from all the riffraff talk like mine
[14:20] {Threei} and you seriously think anything that makes me louder is a good thing?
[14:21] {GeoArb} only for calls vad
[14:21] {GeoArb} only for calls
[14:21] {GeoArb} hmmmm only for calls
[14:21] {magoo} hgow about fatter??
[14:21] {GeoArb} thats my secret shame so wont go there
[14:21] {GeoArb} california.... its the cheese
[14:22] {magoo} and happy cows
[14:22] {GeoArb} so vad.... how much moe do you have to type to pull those alert up?
[14:22] {Threei} not much actually
[14:22] {Threei} I just need to remember :)
[14:22] {GeoArb} would you consider it?
[14:22] {Threei} sure
[14:23] {Threei} woohoo FNM
[14:23] {GeoArb} that way y roving eyes have an anchor
[14:23] {magoo} and U criticize my entry
[14:23] {Threei}
3,0 Attention: FNM is a POS
[14:23] {GeoArb} lol
[14:23] {hawkfan4} lol!
[14:23] {Threei} it's coming back to me
[14:23] {GeoArb} from the go go 90s?
[14:24] {Threei} I guess
[14:24] {magoo} out .33
[14:25] {hawkfan4} there goes oil
[14:25] {magoo} feels like into 3's
[14:25] {Onix} POS?
[14:25] {GeoArb} piece of sugar
[14:26] {Threei} ummm
[14:26] {Threei}
3,0 Attention: GEO is sugarcoating thing
[14:26] {magoo} i thiought it was "per order shares"
[14:27] {GeoArb} ummm vad
[14:27] {Threei} hehe
[14:27] {GeoArb} lol
[14:28] {GeoArb} wo fnm
[14:28] {GeoArb} going to 0
[14:29] {GeoArb} 150 mill vol today
[14:31] {magoo} vad, u ignoring my best material here
[14:32] {Threei} as in?
[14:32] {GeoArb} 11:27] {magoo} i thiought it was "per order shares"
[14:33] {Threei} this is your best??
[14:33] {Threei} come on... I know better than that
[14:33] {Chaeron} there's a really thin book "Magoo's Best Material from RT Room"
[14:33] {magoo} :)
[14:34] {Threei} and best of the best is:
[14:34] {Threei} [08:41] {magoo} jhdfgdngf
[14:34] {GeoArb} ahh comeon
06[14:35] * GeoArb slaps Threei around a bit with a large trout
06[14:35] * magoo slaps GeoArb around a bit with a large trout
[14:35] {Threei} FED'S STERN: CANNOT LET FIRMS LIKE FNM OR FRE FAIL
[14:35] {Threei} careful
[14:35] {GeoArb} again?
[14:35] {GeoArb} why me magoo?
[14:36] {Threei} who knows what they say in the heat of jawboning
[14:37] {magoo} why not??
[14:39] {GeoArb} true
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
[14:39] {GeoArb} hmm dino isnt here
[14:40] {GeoArb} ok thats wierd....i selected laserdave
[14:40] {GeoArb} trout got stuck
[14:40] {Threei} in what???
[14:40] {GeoArb} i guess this needs practice
[14:40] {Threei} dave... fess up
[14:41] {GeoArb} in the beer bottle?
[14:41] {Threei} OK, I better shut up
[14:41] {Threei} 12 jokes in my head, and none of them is kosher
[14:41] {GeoArb} yup
[14:41] {GeoArb} i thought i had a nice save
[14:42] {Threei} - Stern adds these firms must be addressed in a calmer market, notes higher concern over FNM FRE despite Treasury support.
[14:42] {Threei} - Fed's actions in regards to the GSEs and Bear Sterns are adequate{FNM FRE}
[14:46] {Threei} - Notes that this is not the right time to shut down FNM & FRE
[15:08] {Threei} sooo tempted to short FNM again
[15:09] {magoo} as doc holiday{val kilmer version} would say"say when"
[15:10] {Threei} hoped for one more try at .50 and failure, but it dropped
[15:10] {Threei} waiting for now, don't want to chase
[15:16] {hawkfan4} out USO +2
[15:16] {patience} very nice
[15:16] {Threei} WTG
[15:17] {Threei} even though very unpatriotic
[15:17] {hawkfan4} :) thx. 10:1
[15:17] {Threei} lol
[15:17] {fernp} very good job
[15:17] {Threei} disgusting really
[15:17] {hawkfan4} lol
[15:17] {Threei}
3,0 Attention: : hawkfan doesn't leave any money in the market for anyone else
06[15:18] * magoo slaps hawkfan4 around a bit with a large trout
[15:18] {Threei}
Long Setup:
0,3 VPHM .41 if stays above .35 and market turns up
[15:24] {Threei} in .36, aggressively
[15:24] {Threei} ridiculously tight stop
[15:24] {Threei} .33 or so
[15:25] {Threei} just don't want to give anything back
[15:27] {Onix} in @ $14.38
[15:33] {Threei} trailing stop to .34
[15:33] {Threei} lol
[15:33] {magoo} am i chasimng here?
[15:34] {Threei} don't enter into downticking market
[15:34] {Threei} if NQ reverses, grab it
[15:34] {Threei} but don't count on much, this is just a little scalp
[15:35] {Threei} with stop tighter than 34 size jeans on 40-sezed waist after big dinner
[15:37] {Threei} OK NQ
[15:38] {Threei} break 1910, jump and pull VPHM with you
[15:38] {Threei} broke
[15:38] {Threei} .38 finally gave up
[15:39] {Threei} I have 1:2
[15:39] {Threei} lol
[15:39] {Threei} half out .45
[15:40] {Threei} cute little trade
[15:40] {Threei} no stress whatsoever
[15:43] {Threei} NQ goes 10 points up from the moment of our long... can you say well timed entry?
[15:43] {Threei} well... you could if you weren't asleep
[15:43] {magoo} oput hwere .49 TY
[15:44] {Threei} :)
[15:44] {patience} magoo aces it again :)
[15:44] {magoo} have u noticed an imprtovemebt in my spellinhk vad??
[15:44] {Threei} dephinetili
[15:45] {Threei} a hole lot of empruvement
[15:46] {dptl} lol....have a good evening all:)
[15:46] {Threei} take care dp :)
[15:47] {magoo} u 2 dop:)
[15:47] {dptl} dop...lol
[15:47] {magoo} oops roflol
[15:47] {Threei} zat's maguu's emproowement
[15:51] {Threei} you have 8 minutes to impress me, VPHM
[15:55] {Onix} Thanks for a beautiful trade in VPHM Vad ... out @ 14.54
[15:55] {Threei} wtg
[15:55] {Threei} nice and easy eh?
[15:55] {Threei} btw... I have a new headset and am ready to try Dragon next week probably
[15:55] {Onix} unbelievable!
[15:55] {Threei} so if you see something like mgjksoturnakfntoie, you know where it's coming from
[15:55] {Threei} out VPHM in full
[15:55] {Threei} .62
[15:56] {magoo} NICE
[15:56] {Threei} plus something nice
[15:56] {Onix} you're the champ!
[15:56] {magoo} easy button worthy
[15:56] {Threei} as long as no a chimp...
[15:56] {Threei} not a
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening
[15:56] {Onix} Thnx bye
[15:56] {peterg} bye all
[15:56] {Threei} see you all tomorrow
[15:57] {hawkfan4} thx vad
[15:58] {magoo} TY vad
[16:00] {fernp} see you. TY
[08:19] {Threei} 07:23am [LEH] Price Target lowered to $28 from $45 at Bernstein; Maintains market perform rating
[08:19] {Threei} [LEH] Lehman Brothers Holdings Inc Reportedly Goldman cuts earnings estimates for brokerage firms (timing uncertain)
[08:19] {Threei} - Goldman cuts JPM Q3 EPS estimate to $0.40 from $0.64 (consensus estimate is $0.51e)
[08:19] {Threei} - Goldman cuts LEH 2008 EPS estimate to -$9.65 from -$2.10 (consensus estimate is -$3.17e)
[08:19] {Threei} - Goldman cuts MS Q3 EPS estimate to $0.85 from $1.10 (consensus estimate is $0.88e)
[08:20] {Threei} these GS cuts from yesterday after hours
[08:21] {hawkfan4} good morning
[08:21] {Threei} good morning :)
[08:21] {Threei} may I make little confession?
[08:21] {hawkfan4} yes
[08:22] {Threei} couldn't resist and took LEH short on the close,
[08:22] {Threei} then saw afterhours drop and covered 12.60
[08:22] {Threei} glad I did both, lol
[08:23] {hawkfan4} :) nice. i took it too, but only covered a part after hours at .65. was hoping for a big morning drop
[08:23] {Threei} haha... I knew it
[08:24] {Threei} not sure why it's floating still this morning, the wight on its ankles is enormous
[08:24] {Threei} weight
[08:24] {Threei} but financials behaved against all logic way too opften over last months
[08:25] {Threei} and I am trained to see "against the logic" behavior as an opportunity to go against the crowd that follows obvious
[08:25] {Threei} so I am torn here
[08:25] {hawkfan4} yeah , i was just thinking about that too. hard to imagine it wants to rally, but hmmm
[08:25] {Threei} can't see LEH, FNM etc as long
[08:26] {Threei} and can't stay short against all my conditioning
[08:29] {brian3579} gm
[08:30] {Threei} brian :)
[08:30] {Threei} SATC
[08:30] {Threei} TO POWER NORTH AMERICA'S LARGEST SINGLE ROOFTOP SOLAR ARRAY
[08:31] {Threei} when zI went to Costco to replenish the content of the fridge after vacation, saw interesting thing
[08:32] {Threei} big solar panel
[08:32] {Threei} $299
[08:32] {Threei} tried to remember its parameters to look up what it can do
[08:33] {Threei} but managed to remember them just long enough to forget before I got to the pen and paper
[08:33] {cosmo} 15W prolly..
[08:33] {hawkfan4} interesting, i have to hut costco soon, i'll look for it.
[08:33] {Threei} expected for a while these things to start appearing on a consumer level and becoming more and more useful and cost-effective
[08:34] {Threei} please let me know hawk, I don't expect myself to be there for couple of weeks
[08:34] {Threei} signage on the box said,
[08:34] {hawkfan4} i will
[08:34] {Threei} can provide backup power in case of outage
[08:35] {Threei} charge a lot of portable devices
[08:35] {Threei} in both 12 or 110 V
[08:35] {Threei} umm... in either
[08:35] {Threei} :)
[08:36] {Threei} it has a metal stand for the panels
[08:41] {magoo} jhdfgdngf
[08:42] {Threei} I hate to disagree
[08:42] {Threei} but I am prfetty sure it's jhdfgdingknflit
[08:43] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11298029&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=7&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:43] {Threei} this is it cosmo, I think
[08:44] {cosmo} or its close..
[08:44] {Threei} I had an impression there were three panels, not four
[08:44] {Threei} but can be mistaklen
[08:44] {Threei} afrter all, I was there after food, empty fridge etc, hard to focus
[08:44] {Threei} 60W
[08:44] {Threei} fairly decent, no?
[08:45] {cosmo} small appliances, it says
[08:47] {cosmo} if you pay a little more....
[08:48] {cosmo} http://www.costco.com/Browse/Product.aspx?Prodid=11248624&search=solar&Mo=21&cm_re=1_en-_-Top_Left_Nav-_-Top_search&lang=en-US&Nr=P_CatalogName:BC&Sp=S&N=5000043&whse=BC&Dx=mode+matchallpartial&Ntk=Text_Search&Dr=P_CatalogName:BC&Ne=4000000&D=solar&Ntt=solar&No=9&Ntx=mode+matchallpartial&Nty=1&topnav=&s=1
[08:48] {Raven}
3 Have friend who spent $13K out of pocket (grants and tax rebates funded rest of $40K total cost)
[08:49] {Raven}
3 he pumps power back into grid all summer
[08:49] {Raven}
3 in Oregon
[08:49] {Raven}
3 figures it'll pay back in 10 years
[08:49] {Threei} do economics work overall for him?
[08:49] {Threei} oh
[08:49] {Raven}
3 loves to watch electric meter spin BACKWARD
[08:50] {Raven}
3 rofl
[08:50] {Threei} yeah, that must be fun
[08:50] {cosmo} it beats having a swimming pool...
[08:50] {Threei} although in old times USSR people did that with two wires hooked to meatl heating radiator
[08:50] {Raven}
3 and Oregon has less than sunny winter season
[08:50] {Threei} murmuring "the state is us"
[08:51] {Raven}
3 lol
[08:51] {Raven}
3 also Oregon is quite generous with grants and tax rebates
[08:52] {Raven}
3 each state is different I think
[08:57] {cosmo} some are more photosynthetic than others...
[08:57] {Raven}
3 you bet
[08:58] {magoo} vad, u got sec
[08:58] {cosmo} AZ should lead
[08:58] {Raven}
3 CA too
[08:58] {Raven}
3 southern CA
[08:58] {Raven}
3 San Diego
[08:58] {Onix} Good morning!
[08:59] {cosmo} Sempra not as friendly as PG&E
06[09:00] * magoo slaps Threei around a bit with a large trout
[09:00] {Raven}
3 Oh ... another variablr
[09:00] {Raven}
3 variable
[09:00] {cosmo} SDG&E and SCE need to wake up
[09:01] {Threei} mags?
[09:01] {magoo} i lost my scanner window stocks down pre mkt, cant remember how to recreate it
[09:03] {Threei} rta://NewAlertWindow/?O=4000000000000000000000000000000_1D_0&MaxFCP=-5&MinVol=200000&WN=Stocks+Down+Big+in+Pre+Market+Trading
[09:03] {Threei} right click - configure - standard strategies
[09:04] {Threei} or
[09:04] {Threei} right click - configure - recent settings
[09:04] {cosmo} CSUN
[09:04] {GeoArb} gm
[09:04] {Threei} Geo :)
[09:05] {magoo} i see prop standard rececent
[09:05] {magoo} oh wait
[09:06] {pita} gm all
[09:07] {Threei} pita :)
[09:07] {magoo} thanx boss
[09:07] {Threei} always
[09:08] {Threei} ummm... sometimes
[09:08] {judijim} good morning all
[09:08] {Threei} jj :)
[09:10] {fernp} Good morning all
[09:10] {magoo} so easy and i totally forgot how to create new window..sigh
[09:11] {Threei} fern :)
[09:12] {tomg} good morning
[09:13] {Threei} tom :)
[09:15] {esemde} good M...
[09:15] {Threei} ese :)
[09:18] {Threei} I don't have much for the open
[09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:19] {Threei} also we have oil inventories today
[09:20] {Threei} so at some point UAUA should get active
[09:25] {Threei} Warren Buffet and Bill Gates are in Alberta overviewing oilsands industry
[09:26] {cosmo} once they clean that sand, they can make solar panels
[09:26] {dptl} good morning all
[09:26] {Threei} dp :)
[09:27] {peterg} gmng
[09:27] {Threei} peter :)
[09:28] {Threei} solars were strong yesterday and are gapping up this morning
[09:28] {Threei} not sure if that's a sector in play...
[09:28] {Threei} they have this feel of stalled bread
[09:28] {Threei} or flat beer
[09:28] {hawkfan4} 09:26 SOL ReneSola initiated with a Buy at Merrill- tgt $30 (17.49 ) -Update
[09:29] {GeoArb} tan
[09:29] {Threei} should be scalpable I guess
[09:29] {Threei} thin trader
[09:29] {GeoArb} yeah :9
[09:29] {GeoArb} just for trend
[09:31] {cosmo} SOLF holding 17 ...so far
[09:32] {Threei} SOL .15 long if holding above 18
[09:34] {Threei} semi-aggresive entry, if .10 gets taken
[09:36] {Threei} offer half at .27 - .30
[09:36] {Threei} feels more than a scalp to me
[09:37] {Threei} out half at .29
[09:37] {magoo} wait .45
[09:38] {fernp} out here. thanks Vad
[09:38] {Threei} offer 1/4 more at .45
[09:38] {Threei} welcome
[09:39] {Threei} 1/4 more out
[09:39] {peterg} I see--SOL is not SOLF
[09:39] {GeoArb} :)
[09:39] {magoo} out ty boss .45
[09:39] {Threei} now, your choice:
[09:39] {Threei} offer last portion around .60
[09:39] {Threei} or just try to ride it
[09:40] {tomg} thanks vad
[09:40] {Threei} tom :)
[09:40] {Onix} Out SOL for +.48, thanks Vad!
[09:40] {Threei} welcome sir
[09:40] {Onix} sorry .. out at .48 = 34c
[09:41] {Threei} what's 12 cents between friends
[09:41] {Threei} umm... 14
[09:41] {Threei} lol
[09:41] {Onix} exciting!
[09:42] {Threei} another day in the office...
[09:42] {Threei} look at LEH morning spikes both ways
[09:42] {Threei} [09:19] {Threei} still entertaining the idea of LEH short but want to give it time to work our morning rush, consoolidate and show setup
[09:42] {Threei} that was some morning rush to wait out eh?
[09:42] {GeoArb} cnq?
[09:43] {Threei} no read here Geo, sorry
[09:43] {Threei} mags, you are all out or holding any?
[09:44] {magoo} all out
[09:44] {Threei} k
[09:45] {Threei} NCOC interesting daily
[09:45] {Threei} but Roman has better feel for this one
[09:46] {tomg} EXP vad?
[09:46] {Threei} volatile like hell...
[09:46] {Threei} strong momo but very hard to control risk
[09:47] {Threei} MER
[09:47] {Roman}
21 TXCO interesting but very thin
[09:47] {Threei} .25 short if stays below .30
[09:50] {Threei} US TREASURY REPORTEDLY IN COMMUNICATION WITH GSES AND REGULATORS, BUT A FRE MEETING IS YET TO BE CONFIRMED
[09:50] {Threei} {FNM FRE}
[09:51] {Threei} stopped MER
[09:52] {Threei} picked wrong financial for short, FNM was much better
[09:52] {Threei} told ya it's bottomless
[09:53] {Onix} stopped MER
[09:54] {magoo} me too
[09:57] {Threei} pains me to say... but LEH starts looking like long
[09:57] {Threei} if holding above 13
[09:57] {Threei} hard to pick entry, not much to indicate it
[09:57] {Threei} if you like, just grab it here
[09:57] {Threei} stop is tight enough
[09:58] {esemde} long NVDA 13.62
[09:59] {esemde} went long as it crossed the open print
[09:59] {magoo} mkt feels like rally
[09:59] {Threei} LEH went to 1:2 in a hurry from .10 entry
[10:00] {Threei} feels not done yet
[10:00] {Threei} don't chase if you haven't taken it close to 13
[10:00] {Threei} it's a day for safe entries with tight stops
[10:03] {magoo} leh bounce entry vad?
[10:03] {Threei} late
[10:03] {Threei} impossible to call in time
[10:03] {magoo} as i typed it was .90
[10:03] {Threei} either you are ready and grab it as it occurs or let it go
[10:04] {esemde} pick a solar...any solar....they almost all green on my solar screen....
[10:07] {Threei} for the record, I don't expect today to be very generous on trading opportunities
06[10:07] * magoo slaps Threei around a bit with a large trout
[10:07] {Threei} although oil inventories may provide something
[10:07] {Threei} but it's August after all
[10:07] {magoo} watcjh uso as a long
[10:07] {Threei} and:
[10:07] {magoo} not in
[10:07] {Threei} ·“Don't be seduced into thinking that that which does not make a profit is without value.” - Authur Miller
[10:08] {peterg} wow
[10:08] {esemde} long STP .51 1/2 lot
[10:08] {Threei} observing these moves is invaluable education
[10:08] {tomg} cnq on pullback?
[10:08] {magoo} u in leh?
[10:08] {Threei} me no
[10:09] {magoo} u like it?
[10:09] {Threei} CNQ, hmm
[10:09] {Threei} I would prefer deeper pullback on it
[10:09] {tomg} ty
[10:09] {magoo} k
[10:09] {Threei} around 82 or even lower
[10:09] {tomg} k
[10:10] {Threei} LEH 13.01 mags
[10:10] {Threei} with 12.89 stop
[10:10] {magoo} in vad
[10:11] {Threei} 1:2 like there is nothing to it
[10:11] {Onix} Had it like that for a while now: in @13.02 & stop 12.89
[10:11] {esemde} out STP .75 +.24
[10:11] {Threei} don't oversit them
[10:11] {Threei} 1:2 is good
[10:11] {Threei} beautiful one ese
[10:12] {esemde} exactly
[10:12] {esemde} tks
[10:12] {Threei} 1:3
[10:12] {magoo} out LEH .30 TY boss
[10:12] {Threei} welcome
[10:12] {Threei} 1:4
[10:13] {Threei} if you don't profit from it and let it go negative on you, don't ever talk to me again
[10:13] {Threei} I'll pretend I don't know you
[10:13] {Threei} Onix, you took it?
[10:13] {hawkfan4} that was nice, thx :)
[10:13] {Onix} got +.32 LEH thnx Vad
[10:13] {esemde} nice move stp
[10:13] {Threei} hawk :)
[10:14] {Threei} wtg guys
[10:14] {magoo} u da man, er, um lil dude vad:)
[10:15] {Threei} realize that you are profiting in an easy and safe way day after day in what is labeled by most as one of the most difficult markets in theirlifetime
[10:15] {Threei} NVDA goes for you ese
[10:15] {esemde} am liking it....
[10:17] {esemde} will be out 1/2 soon....let the rest ride
[10:17] {Threei} 20 min till oil numbers
[10:17] {Threei} PREVIEW: DOE AND API PETROLEUM INVENTORIES DUE AT 10:35AMET.
[10:17] {Threei} **consensus expectations:
[10:17] {Threei} Crude: +1Me
[10:17] {Threei} Gasoline: -2.8Me
[10:17] {Threei} Distillate: +750Ke
[10:17] {Threei} Utilization: 86.3%e
[10:17] {Threei} *crude inventories expected to rise as shipments that were delayed by Tropical Storm Eduoard began to arrive last week.
[10:17] {Threei} [09:57] {Threei} pains me to say... but LEH starts looking like long
[10:18] {Threei} pains me even more to say I was right, lol
[10:18] {esemde} NVDA out 1/2....+.25
[10:18] {magoo} you are like dr. smith.."the pain the p[ain"
[10:18] {GeoArb} wow
[10:19] {GeoArb} educated lot here
[10:19] {Threei} well, my philosophy is "no pain - good!"
[10:19] {GeoArb} damn
[10:19] {GeoArb} its a movie
[10:19] {GeoArb} series
[10:20] {Threei} FNM
[10:20] {Threei} CEO: COMPANY HAS MORE CAPITAL THAN IT HAS EVER HAD IN ITS HISTORY - RADIO INTERVIEW
[10:20] {Threei} I have just one question
[10:20] {Threei} whos cash is that?
[10:20] {GeoArb} ok that hut vad
[10:20] {fernp} out half BEXP +.20
[10:21] {GeoArb} it isnt the canadians that i can tell ya
[10:21] {Threei} also, if so,
[10:22] {Threei} why are we continuing to hear about this or that form of nationalizing them, rendering common wtock worthless etc
[10:22] {tomg} in cnq 82.08
[10:22] {tomg} out .48
[10:22] {Threei} nonetheless, nice spike FNM
[10:23] {peterg} cuz their ceo's are lying @@@'s?
[10:23] {Threei} wow tom
[10:23] {Threei} patience paid off eh? waited for 82
[10:23] {esemde} CNQ looks real good tom
[10:23] {tomg} ty on pb advice :)
[10:23] {Threei} always
[10:23] {Threei} I mean, sometimes
[10:23] {tomg} :)
[10:23] {GeoArb} sniff cnq
[10:24] {esemde} still movin STP
[10:24] {GeoArb} [09:42] {GeoArb} cnq?
[10:25] {esemde} didn't there use to be an oil product called STP....maystill is don't know
[10:25] {Threei} [09:43] {Threei} no read here Geo, sorry
[10:25] {GeoArb} :)
[10:25] {GeoArb} i guess tomg is a self starter heheheh
[10:26] {Threei} we exchanged on it later Geo
[10:26] {GeoArb} and off course i missed
[10:26] {Threei} after CNQ moved more and started pulling back
[10:26] {Threei} [10:08] {tomg} cnq on pullback?
[10:26] {Threei} [10:09] {Threei} CNQ, hmm
[10:26] {Threei} [10:09] {Threei} I would prefer deeper pullback on it
[10:26] {Threei} [10:09] {tomg} ty
[10:26] {Threei} [10:09] {magoo} k
[10:26] {GeoArb} yup see it now
[10:27] {GeoArb} sniff.... i need more coffee
[10:27] {Threei} [10:09] {Threei} around 82 or even lower
[10:27] {Threei} [10:09] {tomg} k
[10:27] {Threei} bottomed out at 81.87
[10:27] {GeoArb} hey vad you still using one min charts?
[10:28] {Threei} yes why?
[10:28] {GeoArb} just curious
[10:28] {GeoArb} i sometimes like 2 min better or 5
[10:28] {Threei} why not
[10:28] {Threei} there is no better or worse way
[10:28] {Threei} there is one that works for you
[10:28] {GeoArb} just trying ot
[10:28] {GeoArb} makes me hold longer
[10:29] {peterg} interesting
[10:29] {Threei} of course it does
[10:29] {GeoArb} problem is cant go full lot on that
[10:30] {Threei} it's not a problem... it's direct outcome of risk/reward equation
[10:30] {GeoArb} yeah that sounds better :)
[10:33] {tomg} cnq going for hod
[10:33] {GeoArb} oil out yet?
[10:33] {GeoArb} i am on my hands
[10:34] {Threei} 2 min
[10:34] {Threei} 1
[10:35] {GeoArb} mdt nice
[10:35] {Threei} DOE CRUDE: +9.4M V +1ME;
[10:35] {Threei} GASOLINE: -6.2M V -2.8ME; DISTILLATES: +480K V +750KE; UTILIZATION: 85.7% V 86.3%E
[10:35] {Threei} *API Inventory:
[10:35] {Threei} - Crude Inventories: +12.4M
[10:35] {Threei} - Gasoline: -1.9
[10:35] {Threei} - Distillate: +300K
[10:36] {GeoArb} yup cnq dropped
[10:36] {GeoArb} hahahahaha
[10:36] {tomg} yup, follows oil
[10:36] {GeoArb} canadian national res
[10:36] {magoo} uaua responded
[10:36] {GeoArb} i thought restaurant
[10:36] {GeoArb} i checked
[10:36] {GeoArb} oops
[10:37] {GeoArb} is national resource......i need to read up
[10:37] {tomg} :)
[10:37] {esemde} if the NDX breaks above 1921.99....skys the limit today
[10:38] {Threei} http://www.cnrl.com/
[10:38] {Threei} Canadian Natural Resources
[10:38] {GeoArb} yeah
[10:38] {GeoArb} mm just says canadian nat res
[10:39] {GeoArb} but i found a cool thing... if i double click the mm.... it opens the google finance for it
[10:39] {Threei} what's mm?
[10:39] {GeoArb} market meker LII box
[10:39] {Threei} ah
[10:40] {tomg} don't see mm box Geo
[10:40] {GeoArb} its funny.... at 10:31 UAUA was breaking lows at twice normal volume
[10:40] {GeoArb} cant just do scanner.....news matters
[10:41] {Threei} well, oil numbers propped a move
[10:41] {GeoArb} yup
[10:41] {Threei} and UAUA is oil-dependent mover
[10:41] {GeoArb} i was thinking if i wasnt in this room i would be short hehehehe
[10:41] {GeoArb} but then i wouldnt have a scanner !
[10:42] {Threei} rofl
[10:42] {GeoArb} lol
[10:42] {tomg} Geo, you talking about mm box on LII in Laser?
[10:42] {GeoArb} no my broker
[10:42] {Threei} well... being in the room saved you from 1 dollar move against you
[10:42] {tomg} ah, ok
[10:42] {GeoArb} yup
[10:45] {Threei} have a look at VPHM
[10:46] {hawkfan4} looking
[10:46] {Threei} serious relstive strength, makes new 52 weeks highs
[10:46] {Threei} just broke 14 resistance on daily
[10:47] {Threei} not sure I have a call on it at this moment
[10:47] {Threei} mentioning it for thiose of you who see it as a play
[10:49] {GeoArb} vad i am curious..
[10:49] {GeoArb} any reason you dont play gap fill/ gap and go setups?
[10:50] {Threei} I like them
[10:50] {Threei} I just don't actively scan for them
[10:50] {GeoArb} do you scan for them?
[10:50] {GeoArb} hhe
[10:50] {Onix} missed on VPHM
[10:50] {Threei} simply no room for more scans I guess :)
[10:50] {GeoArb} yeah
[10:50] {Threei} but if I stumble onto one of those while surfing, I do like them
[10:50] {Threei} if you scan for them, feel free to share
[10:51] {esemde} you have alot of screens Vad...what is your favorite
[10:51] {GeoArb} i am developing a scan bt would off course need your guidance on how to play em
[10:51] {GeoArb} i like gap and go better than gap fill
[10:51] {Threei} I don't have favorite really ese
[10:52] {esemde} if you had to choose...which one would it be
[10:52] {Threei} hmmm
[10:52] {esemde} putting you on the spot i know
[10:52] {Threei} it changes with market///
[10:52] {Threei} some work better in one type of market, some are in another
[10:53] {GeoArb} anyone take vphm?
[10:53] {Threei} so my answer today may be different from my answer tomorrow
[10:53] {fernp} me
[10:53] {GeoArb} makes sense
[10:53] {GeoArb} i missed but looks good
[10:53] {esemde} indeed.......
[10:53] {Threei} and you will say I am a flip flop worse than presidenatila candidates
[10:54] {tomg} TWB
[10:55] {tomg} ?
[10:55] {GeoArb} mdt vad?
[10:57] {fernp} out VPHM +.18 thanks Vad
[10:57] {Threei} MDT is a bit too narrow for this price range
[10:57] {Threei} fern :)
[10:57] {Threei} TWB, not sure
[10:57] {GeoArb} OK
[10:57] {Threei} this kind of setup I'd be happy to see an hour ago
[10:57] {Threei} now it can easilt to just stall
[10:58] {tomg} ty
[10:58] {esemde} GO NVDA BABYYYYYYYYY!!!!!!!!
[10:59] {magoo} [09:59] {magoo} mkt feels like rally
[10:59] {esemde} i'll second that
[11:00] {esemde} not only feels like....IS.....
[11:01] {tomg} ty for help, vad, have a nice day everyone
[11:02] {Threei} take care tom, good job
[11:02] {tomg} :)
[11:06] {GeoArb} off to work.... thanks
[11:06] {Threei} take care Geo
[11:07] {dptl} pdli?
[11:08] {Threei} not really lunch time setup,
[11:08] {Threei} may go slowly if market continues climbing
[11:09] {dptl} ah ..ty...got .46 to try..:)
[11:10] {tomg} just one more thing before i go....i want to apologize to laserdave in front of the whole group....i posted negative comments about him a while back.......when he was trying his best to help me
[11:10] {tomg} i was panicking and took it the wrong way
[11:10] {dptl} stop under .39 pdli
[11:11] {tomg} maybe you want to edit this out, vad, but i never will feel right until i get it said that i'm sincerely sorry
[11:11] {Threei} who is laserdave?
[11:11] {tomg} man :)
[11:11] {Threei} :)
[11:11] {Threei} I notice him when he is here and I am in the truot-slapping mood
[11:11] {Threei} (which I always am)
[11:12] {tomg} i apologized to him personally, of course
[11:12] {Threei} I think it's all long forgotten tom
[11:12] {Threei} little trout between friends, whatever
[11:12] {tomg} thanks, vad :)
[11:13] {magoo} trout????
06[11:13] * magoo slaps Threei around a bit with a large trout
[11:13] {Threei} ugh
[11:14] {Threei} I walked right into it... knew how dangerous it was to even mention fish in magoo's poresence
[11:14] {fernp} again out of VPHM +.12
[11:15] {Threei} lol
[11:15] {Threei} this is not nice fern
[11:15] {Threei} I di not mention it for you to bludgeon it
[11:16] {Threei} scalp it one thing... but you are dismembering it
[11:16] {fernp} lol
[11:16] {fernp} easy money
[11:16] {Threei} favorite kind
[11:16] {fernp} mine too
[11:24] {hawkfan4} kinda like UAUA over 13 with a stop .84, or short under .85, depends on oil's next move
[11:28] {magoo} vad, kinda looking for pullback short scalps here
[11:32] {Threei} pretty much USO dependent mags
[11:32] {Threei} if it continues down, market is likely to continue climbing
[11:39] {magoo} ok, just a thought
[11:47] {Threei} aimless wandering
[12:03] {Threei} SOLF is still climbing... can't bring myself to play it
[12:04] {hawkfan4} was just looking at solf, watching SOL again. It's basically SOLF without the F
[12:05] {magoo} brb
[12:10] {hawkfan4} trying USO .60, stop under .40
[12:32] {hawkfan4} SOL .40, stop under .24
[12:33] {fernp} out PDLI +.10
[12:34] {hawkfan4} gj
[12:40] {hawkfan4} USO stop to .64
06[12:44] * Threei slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
06[12:44] * Chaeron slaps laserdave1 around a bit with a large trout
[12:44] {Chaeron} that last one was for magoo... he's away for a sec
[12:45] {dptl} team work eh:)
06[12:47] * magoo slaps laserdave1 around a bit with a large trout
[12:47] {magoo} thanx charbro
[12:47] {Chaeron} gotchr back bro
[12:55] {laserdave1} why thanks
[12:56] {GeoArb} hey dave dcc pls
[13:05] {GeoArb} .
[13:06] {Threei} very very fine point
[13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:20] {magoo} vad, my question on mt
[13:20] {magoo} mt=mkt
[13:20] {Threei} [13:12] {Threei} from chart point of view, up is more likely from here for the market
[13:21] {magoo} u sdtalkin anything anywhere anytime anyhow?
[13:21] {Threei} yes
[13:21] {Threei} I made this mistaake of aiming laser pointer at the wall
[13:21] {Threei} not I am stalking the red dot
[13:21] {Chaeron} oh geesh
[13:22] {Threei} not = now
[13:32] {Threei} (RU) RUSSIA FOREIGN MINISTRY: US-POLAND MISSILE DEAL HAS ESTABLISHED AN ARMS RACE IN EUROPE
[13:32] {Threei} - Russian protests will include more than diplomatic statements in response to missile shield program
[13:32] {Threei} - US missile shield plan is part of a very dangerous group of military projects
[13:32] {Threei} welcome to new cold (and we can hope only cold) war
[13:34] {Threei} LDK is intriguing
[13:41] {GeoArb} well about that .....
[13:41] {GeoArb} we go here and keep prodding the bear
[13:41] {GeoArb} what do you think is gonna happen?
[13:41] {magoo} ldk is the crazy one right vad?
[13:53] {hawkfan4} .
[13:56] {Threei} sorry guys, had urgent errand
[13:56] {Threei} it is mags
[13:56] {Chaeron} you were gone?
06[13:57] * Threei slaps Chaeron around a bit with a large trout
06[13:57] * magoo slaps Chaeron around a bit with a large trout
[13:57] {Threei} well Geo... IMO, this is the bear that is not going to lay down and sleep quietly even if you don't prod it
[14:07] {esemde} have a great rest of the day all.....am heading in too work...got classes to prepare for
[14:07] {Threei} FNM... 4.73 becomes a shart trigger
[14:07] {Threei} take care ese :)
[14:07] {esemde} see ya vad
[14:08] {Threei} PIMCO'S GROSS: CURRENT STOCK PRICES FOR GSES INDICATE MARKET PRICING STOCKS AT ESSENTIALLY ZERO - CNBC COMMENTS
[14:08] {Threei} {FNM FRE}
[14:08] {Threei} hmm?
[14:08] {Threei} zero is zero
[14:08] {Threei} I see FNM at 4.80
[14:09] {Threei} if it's all the same to Cross, I am w'illing to short here under his agreement to sell it back to me at zero
[14:10] {hawkfan4} sounds fair
[14:10] {magoo} are u shorting it here?
[14:10] {Threei} yes
[14:10] {Threei} got .74
[14:10] {Threei} .85 stop
[14:12] {magoo} in .66
[14:12] {Threei} wow
[14:12] {Threei} why so much chasing?
[14:12] {magoo} thats where it was when i asked
[14:12] {Threei} [14:07] {Threei} FNM... 4.73 becomes a short trigger
[14:13] {magoo} oops
[14:16] {GeoArb} so i have been thinking vad
[14:16] {GeoArb} :)
[14:16] {Threei} hurt?
[14:16] {magoo} oy
[14:16] {GeoArb} how about a scrpt so that when you make a call it starts with ALERT!!
[14:16] {Threei} over 1:1 FNM
[14:17] {Threei} it means additional typing geo
[14:17] {magoo} ggggggggggtttrt
[14:17] {GeoArb} problem is it will say alert even when you make your jokes
[14:17] {GeoArb} no it will insert it automatically
[14:17] {GeoArb} a script
[14:17] {GeoArb} only for you
[14:17] {GeoArb} so sleeperrs like me and magoo dont miss
[14:17] {GeoArb} :0
[14:17] {Threei}
JBE Setup:
0,3 TEST 20
[14:17] {GeoArb} seeee
[14:17] {Threei}
Long Setup:
0,3 TEST 20
[14:18] {Threei}
Short Setup:
0,4 TEST 20
[14:18] {GeoArb} you have stuff hidden
[14:18] {Threei}
DBI Setup:
0,4 TEST 20
[14:18] {GeoArb} hmmmm
[14:18] {GeoArb} this is beautifull
[14:18] {magoo} symbiol??TEST not coming up
[14:18] {GeoArb} what do you think guys?
[14:19] {Threei} told ya FNM was bottomless
[14:19] {magoo} [14:18] {magoo} symbiol??TEST not coming up
[14:19] {patience} if you need it geo......
[14:19] {magoo} isTEST on bulletin board??
[14:19] {Threei} scalpers have almost 1:3 FNM
[14:20] {Chaeron} might be a pink sheet mags :)
[14:20] {magoo} magoos patented 2-230 smackdown here
[14:20] {GeoArb} it keeps him loud and separate from all the riffraff talk like mine
[14:20] {Threei} and you seriously think anything that makes me louder is a good thing?
[14:21] {GeoArb} only for calls vad
[14:21] {GeoArb} only for calls
[14:21] {GeoArb} hmmmm only for calls
[14:21] {magoo} hgow about fatter??
[14:21] {GeoArb} thats my secret shame so wont go there
[14:21] {GeoArb} california.... its the cheese
[14:22] {magoo} and happy cows
[14:22] {GeoArb} so vad.... how much moe do you have to type to pull those alert up?
[14:22] {Threei} not much actually
[14:22] {Threei} I just need to remember :)
[14:22] {GeoArb} would you consider it?
[14:22] {Threei} sure
[14:23] {Threei} woohoo FNM
[14:23] {GeoArb} that way y roving eyes have an anchor
[14:23] {magoo} and U criticize my entry
[14:23] {Threei}
3,0 Attention: FNM is a POS
[14:23] {GeoArb} lol
[14:23] {hawkfan4} lol!
[14:23] {Threei} it's coming back to me
[14:23] {GeoArb} from the go go 90s?
[14:24] {Threei} I guess
[14:24] {magoo} out .33
[14:25] {hawkfan4} there goes oil
[14:25] {magoo} feels like into 3's
[14:25] {Onix} POS?
[14:25] {GeoArb} piece of sugar
[14:26] {Threei} ummm
[14:26] {Threei}
3,0 Attention: GEO is sugarcoating thing
[14:26] {magoo} i thiought it was "per order shares"
[14:27] {GeoArb} ummm vad
[14:27] {Threei} hehe
[14:27] {GeoArb} lol
[14:28] {GeoArb} wo fnm
[14:28] {GeoArb} going to 0
[14:29] {GeoArb} 150 mill vol today
[14:31] {magoo} vad, u ignoring my best material here
[14:32] {Threei} as in?
[14:32] {GeoArb} 11:27] {magoo} i thiought it was "per order shares"
[14:33] {Threei} this is your best??
[14:33] {Threei} come on... I know better than that
[14:33] {Chaeron} there's a really thin book "Magoo's Best Material from RT Room"
[14:33] {magoo} :)
[14:34] {Threei} and best of the best is:
[14:34] {Threei} [08:41] {magoo} jhdfgdngf
[14:34] {GeoArb} ahh comeon
06[14:35] * GeoArb slaps Threei around a bit with a large trout
06[14:35] * magoo slaps GeoArb around a bit with a large trout
[14:35] {Threei} FED'S STERN: CANNOT LET FIRMS LIKE FNM OR FRE FAIL
[14:35] {Threei} careful
[14:35] {GeoArb} again?
[14:35] {GeoArb} why me magoo?
[14:36] {Threei} who knows what they say in the heat of jawboning
[14:37] {magoo} why not??
[14:39] {GeoArb} true
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
06[14:39] * GeoArb slaps magoo around a bit with a large trout
[14:39] {GeoArb} hmm dino isnt here
[14:40] {GeoArb} ok thats wierd....i selected laserdave
[14:40] {GeoArb} trout got stuck
[14:40] {Threei} in what???
[14:40] {GeoArb} i guess this needs practice
[14:40] {Threei} dave... fess up
[14:41] {GeoArb} in the beer bottle?
[14:41] {Threei} OK, I better shut up
[14:41] {Threei} 12 jokes in my head, and none of them is kosher
[14:41] {GeoArb} yup
[14:41] {GeoArb} i thought i had a nice save
[14:42] {Threei} - Stern adds these firms must be addressed in a calmer market, notes higher concern over FNM FRE despite Treasury support.
[14:42] {Threei} - Fed's actions in regards to the GSEs and Bear Sterns are adequate{FNM FRE}
[14:46] {Threei} - Notes that this is not the right time to shut down FNM & FRE
[15:08] {Threei} sooo tempted to short FNM again
[15:09] {magoo} as doc holiday{val kilmer version} would say"say when"
[15:10] {Threei} hoped for one more try at .50 and failure, but it dropped
[15:10] {Threei} waiting for now, don't want to chase
[15:16] {hawkfan4} out USO +2
[15:16] {patience} very nice
[15:16] {Threei} WTG
[15:17] {Threei} even though very unpatriotic
[15:17] {hawkfan4} :) thx. 10:1
[15:17] {Threei} lol
[15:17] {fernp} very good job
[15:17] {Threei} disgusting really
[15:17] {hawkfan4} lol
[15:17] {Threei}
3,0 Attention: : hawkfan doesn't leave any money in the market for anyone else
06[15:18] * magoo slaps hawkfan4 around a bit with a large trout
[15:18] {Threei}
Long Setup:
0,3 VPHM .41 if stays above .35 and market turns up
[15:24] {Threei} in .36, aggressively
[15:24] {Threei} ridiculously tight stop
[15:24] {Threei} .33 or so
[15:25] {Threei} just don't want to give anything back
[15:27] {Onix} in @ $14.38
[15:33] {Threei} trailing stop to .34
[15:33] {Threei} lol
[15:33] {magoo} am i chasimng here?
[15:34] {Threei} don't enter into downticking market
[15:34] {Threei} if NQ reverses, grab it
[15:34] {Threei} but don't count on much, this is just a little scalp
[15:35] {Threei} with stop tighter than 34 size jeans on 40-sezed waist after big dinner
[15:37] {Threei} OK NQ
[15:38] {Threei} break 1910, jump and pull VPHM with you
[15:38] {Threei} broke
[15:38] {Threei} .38 finally gave up
[15:39] {Threei} I have 1:2
[15:39] {Threei} lol
[15:39] {Threei} half out .45
[15:40] {Threei} cute little trade
[15:40] {Threei} no stress whatsoever
[15:43] {Threei} NQ goes 10 points up from the moment of our long... can you say well timed entry?
[15:43] {Threei} well... you could if you weren't asleep
[15:43] {magoo} oput hwere .49 TY
[15:44] {Threei} :)
[15:44] {patience} magoo aces it again :)
[15:44] {magoo} have u noticed an imprtovemebt in my spellinhk vad??
[15:44] {Threei} dephinetili
[15:45] {Threei} a hole lot of empruvement
[15:46] {dptl} lol....have a good evening all:)
[15:46] {Threei} take care dp :)
[15:47] {magoo} u 2 dop:)
[15:47] {dptl} dop...lol
[15:47] {magoo} oops roflol
[15:47] {Threei} zat's maguu's emproowement
[15:51] {Threei} you have 8 minutes to impress me, VPHM
[15:55] {Onix} Thanks for a beautiful trade in VPHM Vad ... out @ 14.54
[15:55] {Threei} wtg
[15:55] {Threei} nice and easy eh?
[15:55] {Threei} btw... I have a new headset and am ready to try Dragon next week probably
[15:55] {Onix} unbelievable!
[15:55] {Threei} so if you see something like mgjksoturnakfntoie, you know where it's coming from
[15:55] {Threei} out VPHM in full
[15:55] {Threei} .62
[15:56] {magoo} NICE
[15:56] {Threei} plus something nice
[15:56] {Onix} you're the champ!
[15:56] {magoo} easy button worthy
[15:56] {Threei} as long as no a chimp...
[15:56] {Threei} not a
[15:56] {Threei} OK guys, thank you all
[15:56] {Threei} have a good evening
[15:56] {Onix} Thnx bye
[15:56] {peterg} bye all
[15:56] {Threei} see you all tomorrow
[15:57] {hawkfan4} thx vad
[15:58] {magoo} TY vad
[16:00] {fernp} see you. TY
Subscribe to:
Posts (Atom)