Session Time: Fri Sep 05 00:00:00 2008
[08:07] {Threei} IRANIAN OPEC GOV: OIL PRICE AT $100/BBL IS ACCEPTIBLE, STATES SHOULD STICK TO QUOTAS
[08:07] {Threei} {USO}
[08:11] {Threei} PREVIEW: AUG UNEMPLOYMENT RATE DATA DUE OUT AT 8:30AM
[08:11] {Threei} - Consensus expectations at 5.6% vs 5.5% prior
[08:11] {Threei} - Reminder July's 5.7% reading were the highest since March 2004
[08:29] {magoo} morning
[08:29] {Threei} magoo :)
[08:30] {magoo} minus84k
[08:30] {magoo} 6.1%
[08:30] {Threei} *AUG UNEMPLOYMENT RATE: 6.1% V 5.7% PRIOR
[08:31] {Threei} *AUG CHANGE IN NONFARM PAYROLLS: -84K V -75KE; CHANGE IN MANUFACTURING PAYROLLS: -61K V -35K
[08:31] {Threei} - Prior Jun Nonfarm Payrolls revised Higher from - 51K to -60K
[08:31] {Threei} - Prior Manufacturing Payrolls revised Lower from -35K to -38K
[08:31] {Threei} gap down is good
[08:31] {_andresy} Morning
[08:31] {Threei} lays the foundation for a bounce later on
[08:31] {magoo} better than gap up
[08:31] {Threei} adnresy :)
[08:31] {Threei} yeah, gap up would have been sold into
[08:32] {_andresy} rimm 3.06% down
[08:33] {Threei} oil new lows
[08:39] {magoo} vad, wheres support for rIMM?3 month low was 106
[08:39] {Threei} just under 102, next is 100
[08:39] {Threei} but you know how support is
[08:40] {Threei} it's holding until it doesn't
[08:40] {magoo} whats with UST up 12
[08:40] {Threei} 100 is quite pronounced
[08:41] {Threei} 09/04/08 09:46pm [UST] Altria in talks to buy UST, in a deal valued at $10B, according to the NY Timesmore.. - NY Times said that the acquisition, which is at a delicate state and could still fall apart, would be Altria’s first major purchase since the company split in March, spinning off Philip Morris International to become an independent company focused on the overseas tobacco business and giving the Altria name to Philip Morris USA. People involved in the transaction were planning to work through the weekend to complete the deal as soon as Monday, the paper added(related: MO )
[08:44] {_andresy} Vad, where do you see a possible support for VLO?
[08:46] {Threei} around 32.50... but VLO is a bit different animal
[08:47] {Threei} the way it trades is influenced by stories and fundamentals to greater degree than your normal stock
[08:49] {_andresy} Good to know that
[08:49] {cosmo} SPNC tries to bounce
[08:49] {magoo} what u stalking vad?
[08:50] {Threei} 09/04/08 09:17pm [SPNC] Confirms federal investigation, jointly served by the FDA and ICE with a search warrant
[08:51] {Threei} usual suspects so far
[08:51] {cosmo} needs to hold 5
[08:51] {cosmo} should hold 5.10
[08:51] {cosmo} imho
[08:53] {magoo} vad, u usually have good "overall"feel..what u suspect today happens?
[08:53] {Threei} initial selling followed by strong bounce and green close
[08:54] {magoo} now thats conviction
[08:54] {Threei} just a working assumption
[08:54] {magoo} instead opf one word u "infamous" for..as in "up" lol
[08:55] {Threei} well... let's try it
[08:55] {Threei} down, then up
[08:55] {Threei} better? :)
[08:55] {magoo} no..liked the other
[08:55] {Threei} ugh... more typing for me
[09:05] {Threei} interesting
[09:05] {Threei} - In the papers: The NY Times article suggested that Main Bank of China is in Need of Capital after a seven year buying spree of around $1 trillion worth of Treasury bonds and mortgage-backed debt issued. The article noted that these investments have been declining sharply in value when converted from dollars into the strong CNY, casting a spotlight on the central bank's tiny capital base. The bank's capital, just $3.2 billion, has not grown during the buying spree, despite private warnings from the IMF
[09:06] {_csepulve33} good morning
[09:07] {Threei} csepulve :)
[09:08] {_csepulve33} maybe more initial selling today
[09:08] {Threei} [08:53] {magoo} vad, u usually have good "overall"feel..what u suspect today happens?
[09:08] {Threei} [08:53] {Threei} initial selling followed by strong bounce and green close
[09:09] {_csepulve33} yes I agree
[09:10] {Onix} Good morning all you brave people
[09:13] {pita} gm all
[09:13] {Threei} onix, pita :)
[09:14] {fernp} Good Morning all
[09:14] {Threei} fern :)
[09:15] {dino} gm all
[09:18] {peterg} gm all
[09:19] {peterg} watching RIMM
[09:19] {Threei} dino, peter :)
[09:19] {magoo} im interested in RIMM AAPL and bidu today..
[09:20] {magoo} if i make call..its a max loss of $200..so size accordingly
[09:20] {magoo} ill be taking 300 shares..which gives me a lil room to avoid rinsde
[09:20] {esemde} good morning all....still swing long NVDA
[09:20] {magoo} RIMM 3 month low..3 is 106 area
[09:22] {esemde} I have a couple swing trading times of the year......Sept, Decembe and June
[09:22] {dptl} good morning all
[09:22] {esemde} dp
[09:23] {dptl} ese:)
[09:23] {Threei} ese, dp :)
[09:23] {esemde} morning vad......
[09:24] {peterg} not trade RIMM premkt?
[09:24] {peterg} too risky?
[09:24] {Threei} nah
[09:24] {Threei} let the dust settle
[09:24] {peterg} resist temptation
[09:24] {peterg} easy to become one with greed
[09:25] {esemde} is that Gordon Gecko also peter
[09:25] {peterg} Gorden did it better!
[09:25] {dino} relax guys, let it come to you
[09:25] {peterg} there ya go
[09:26] {tomg} gm all
[09:26] {Threei} tom :)
[09:26] {dino} lets remember a few rules
[09:26] {dino} good trading is not about being right, its' about trading right
[09:27] {dino} think in probabilities
[09:27] {dino} use your edge, manage your risk, be consistant, keep it simple
06[09:27] * Threei retires
[09:27] {dino} don't blame market or others for errors
[09:27] {cosmo} all fridays are 'good'
[09:27] {esemde} big volume SNDK......up 3pts
[09:27] {Threei} buyout negotiations with Samsung, SNDK
[09:28] {dino} trading is not a sprint, its' boxing. you must remain in the ring
[09:28] {dino} risk is your friend, however traders expect to lose regularly
[09:29] {dino} and thats' it in a nutshell from me
[09:29] {_csepulve33} get ready for the battle
[09:29] {peterg} sound of sustained applause
06[09:29] * Threei reiterates his retirement
[09:29] {peterg} thks dino
[09:30] {peterg} threei please stay
[09:30] {Threei} no need
[09:30] {esemde} shiskabob restaurant then vad?
[09:30] {patience} dino in the coach's corner....every morning words of wisdom
[09:30] {Threei} dino just told you everything you need to know, I have nothing to add :)
[09:30] {dino} i'm blushing
[09:31] {dino} keep an eye on pcln, held well yesterday
[09:37] {dino} watching ges, afam, pcln, ilmn
[09:37] {dino} rimm
[09:37] {dino} need coffee
[09:38] {dino} advantage to magoo arriving first, coffee is ready
[09:38] {Threei} lol
[09:38] {Threei} jeez TGIC
[09:38] {Threei} RAMR is trying to follow
[09:40] {Roman} HOKU radar, news last night
[09:40] {esemde} ha i know just missed it at .50 didn't want to chase
[09:40] {esemde} tgic that is
[09:41] {Threei} 09/04/08 04:10pm [HOKU] Signs ten-year, $455M polysilicon supply deal with Solargiga in China
[09:41] {dino} 10962 in the cards
[09:41] {Threei} RAMR looks to be next to jump
[09:45] {esemde} SPNC....news?
[09:45] {Threei} nothing today
[09:46] {esemde} bstop SPNC .50
[09:46] {dino} pcln sm l .25
[09:46] {dino} wide
[09:47] {Threei} SNDK is not done it looks like
[09:48] {Threei} if pulls back to around .20, worth an entry
[09:48] {esemde} spnc....bstop invalidated
[09:49] {Threei} stop under 17 so size accordinglyu
[09:49] {Threei} in
[09:50] {magoo} where?
[09:50] {Threei} .15
[09:52] {magoo} .11
[09:53] {magoo} out .04
[09:53] {Threei} yeah, no worky
[09:53] {magoo} no like mkt fall here
[09:54] {magoo} its avail short vad
[09:54] {judijim} good morning all
[09:54] {Threei} jj :)
[09:55] {Threei} Long Setup: PMI .41 if stays above .30
[09:58] {Threei} Short Setup: AMLN
[09:58] {Threei} .79
[09:58] {Threei} stop above 21
[10:00] {Threei} *US Q2 MORTGAGE DELINQUENCIES: 6.41% V 6.35% PRIOR
[10:00] {esemde} vsea long .30 1/2
[10:00] {Onix} ss AMLN .79
[10:01] {dino} v sm l ilmn .45
[10:01] {esemde} make that .98...thought it was .30
[10:02] {esemde} vsea stopp .88
[10:03] {Roman} long URRE
[10:03] {Roman} small
[10:03] {Roman} 3.02
[10:04] {esemde} out VSEA .32 +.34
[10:04] {Threei} wtg
[10:05] {esemde} lucky fill on .32 i think
[10:06] {dino} gj
[10:11] {Threei} AMLN stop to .88
[10:13] {Threei} out
[10:13] {Onix} AMLN stopped
[10:14] {Threei} better keep them tight than get caught in too violent move today
[10:15] {Threei} there you go
[10:17] {esemde} L ADCT .88 3/4
[10:18] {esemde} tight stop .80
[10:20] {dino} abm
[10:20] {Threei} DBI Setup: AKAM .93 trigger if stays below 19
[10:22] {Threei} Short Setup: KLAC into this bounce, stop above 34
[10:22] {Threei} try to get it as close to .90 as possible
[10:23] {Onix} in AKAM .93
[10:24] {Threei} SPNC
[10:24] {Threei} HEARING CITIGROUP MAKING POSITIVE COMMENTS; REITERATES BUY RATING (TIMING UNCERTAIN)
[10:25] {esemde} out ADCT .88 + .00 even....seen this before...topping out
[10:26] {Threei} if you got KLAC .85 or so, cover half here
[10:26] {Threei} AKAM 1:1, half out, scalpers cover in full
[10:27] {Onix} AKAM 11c ty Vad
[10:27] {dino} ges sm l .90, stop .49
[10:28] {fernp} out AKAM ty Vad
[10:28] {Threei} welcome guys
[10:28] {Threei} new 52 week lows on both, AKAM and KLAC
[10:28] {peterg} tks vad, +.09 avg
[10:28] {dptl} +.10 akam ty
[10:29] {Threei} NVDA is holding admirably well
[10:29] {Threei} so does CSCO
[10:29] {Threei} start making your list of candidates for whwen the market recovers
[10:29] {Threei} RMBS strong
[10:30] {Threei} maybe on the back of SNDK, not sure
[10:34] {Threei} cover KLAC in full
[10:37] {dino} afam v sm l .10
[10:38] {esemde} nvda is looking good against the indexes......usually it follows them to the letter
[10:38] {Threei} yes
[10:38] {Threei} [10:29] {Threei} NVDA is holding admirably well
[10:39] {peterg} ese, how long r u thinking of holding nvda for?
[10:39] {peterg} or how are you thinking about yr swing trade?
[10:39] {esemde} L JNPR .04 3/4
[10:40] {esemde} stop .89
[10:42] {esemde} somwhere around 15 or 16.....it'll take awhile......some extra funds hanging around so they might as well be put to use
[10:44] {esemde} it's had the crap beat out of it and it may hang around here awhile but i can wait it out on this one peter
[10:44] {peterg} thks es
[10:45] {esemde} this is a good time of the year for me to do a swing trade because i'm back teaching and this is a very busy time for me
[10:46] {peterg} begng of sch yr is insane
[10:46] {peterg} I have HS sr and coll. sophmore
[10:47] {esemde} Jnpr ...stopped -.15
[10:47] {dino} i believe you will be right es
[10:49] {esemde} Jnpr.....you sod......crawl lower than a snakes belly in a wagon rut.....sheesh
[10:49] {esemde} time wil tell dino
[10:51] {esemde} peter are you a teacher?
[10:51] {peterg} part time for no pay
[10:51] {esemde} for no PAY!!!!!!!!!!
[10:52] {peterg} it is an honor
[10:52] {peterg} and stupid
[10:52] {peterg} but tradition in field of mental health
[10:52] {peterg} of which I am always sorely in need
[10:52] {esemde} what do you teach
[10:52] {peterg} how to do psychotherapy
[10:52] {peterg} help
[10:53] {esemde} ahhhhhhhh
[10:53] {esemde} we need that on this board
[10:53] {esemde} vad is the worst of course
[10:53] {peterg} I think Judy and Jim may have it covered, too
[10:53] {Threei} and proud of it
[10:54] {esemde} stocks like jnpr drive me to drink at vads house
[10:54] {peterg} I knew I was in the right crowd when I read Vad's creation of treading alter ego.
[10:54] {peterg} You must meet mine someday
[10:54] {Threei} I am ready to pour
[10:54] {esemde} ha ha ha ha good one
[10:55] {peterg} drinx are on me
[10:55] {esemde} ok done......we'll mkae it there one day
[10:56] {peterg} RIMM edging down
[10:56] {Threei} what's wqith EMKR?
[10:56] {dino} rimm wants 99.60s imo, taking strikes earlier this month
[10:57] {dino} ok, about 90 points more dji
[10:57] {dino} july lows
[10:58] {Threei} AMLN shook us out
[11:04] {Threei} another wave of selling is coming... then will start hunting for a bounce
[11:04] {Threei} RIMM gets interesting for a snapback
[11:04] {Threei} .50 support
[11:06] {Threei} grrr... missed
[11:06] {Threei} hopefully we get one more pullback
[11:08] {Threei} OK, in
[11:08] {Threei} stop under .50
[11:11] {Threei} sheesh
[11:12] {magoo} jesus christ wouldn't the shorts cover
[11:12] {magoo} man, bidu down like 60 points in 5 days
[11:13] {dino} grmn fast fall
[11:13] {Threei} whack the mole continues
[11:15] {Chaeron} Good morning all
[11:15] {Threei} chaeron :)
06[11:15] * Chaeron slaps magoo around a bit with a large trout
[11:15] {Threei} Long Setup: AKAM .93
[11:15] {Threei} stop .85
[11:16] {dino} out ges .29 +.39
[11:16] {dino} pig should've had a buck in it
[11:25] {dino} do we trust this move
[11:26] {_csepulve33} good bye and thanks to all
[11:26] {Threei} take care csepulve33
[11:27] {Threei} AKAM 1:1
[11:29] {fernp} out AKAM ty Vad
[11:29] {Threei} :)
[11:31] {dino} gj
[11:39] {Threei} Long Setup: KLAC .51 if stays above .40
[11:47] {magoo} pretty good reverse in AAPL
[11:47] {dino} up we go
[11:47] {Threei} looks like
[11:50] {dino} v sm s skf .30
[11:50] {dptl} klac valid?
[11:50] {Threei} if not losing .40 anymore
[11:51] {dptl} ok ty
[11:51] {Threei} BLACKSTONE AND KKR EXPLORING OPTIONS FOR CERTAIN LEH ASSETS
[11:53] {dino} all is well again
[11:53] {Threei} yup
[11:53] {Threei} what me worry?
[11:54] {Threei} LEH nice buying pressure
[11:56] {Threei} AKAM out in full
[11:56] {Threei} +.25
[11:58] {Threei} scratch KLAC here if you are in
[11:59] {magoo} vad..is there recent news RIMM..its really wounded
[12:00] {Threei} nothing
[12:00] {magoo} at least aapl has power to recover
[12:00] {dino} skf bstop to 119.20
[12:01] {esemde} have a good weekend aalll!!!
[12:01] {peterg} bye ese
[12:01] {Threei} take care ese :)
[12:02] {dino} cov 118.18, +2.12
[12:03] {peterg} wtg
[12:03] {Threei} beauty
[12:05] {dino} ty
[12:06] {dino} ilmn stop to .09
[12:09] {dino} make it .20
[12:09] {magoo} l rimm noew .71
[12:10] {magoo} stop.50
[12:10] {magoo} 300 sh
[12:11] {dino} to .45
[12:11] {pita} have a good day everyone; cu Monday
[12:11] {Threei} take care pita
[12:11] {dino} to .55
[12:12] {dino} to .65
[12:12] {dino} out .65 +1.20
[12:13] {magoo} sheesh..hit 105
[12:14] {dino} you guys are tough
[12:17] {magoo} we atre just used to dino trading in dollsars
[12:17] {magoo} so no big deal
06[12:23] * laserdave1 slaps Threei around a bit with a large trout
06[12:23] * magoo slaps Threei around a bit with a large trout
[12:24] {dptl} rmbs?
[12:24] {dino} celg
06[12:25] * Chaeron slaps laserdave1 around a bit with a large trout
[12:28] {dino} celg can't find news
06[12:29] * laserdave1 slaps Chaeron around a bit with a large trout
06[12:29] * laserdave1 slaps magoo around a bit with a large trout
06[12:29] * magoo slaps laserdave1 around a bit with a large trout
[12:30] {dino} sm l .40 risky
06[12:30] * magoo slaps Chaeron around a bit with a large trout
[12:30] {Threei} wasn't sure about RMBS
[12:30] {Threei} market spike resolved it
[12:33] {dino} stop to b/e
[12:34] {dino} strange
[12:34] {Threei} green flashed on DJI for a second
[12:34] {magoo} one helluva call u hasd this premkt boss...thats why i ask..u usually have good feel
[12:34] {Threei} ty
[12:34] {Threei} I have my moments
[12:37] {dino} lol
[12:40] {dino} stopped celg flat greed got me, had .50
[12:46] {dino} now it goes
[12:47] {dino} there goes the ges buck too, ugh
[12:51] {dino} out afam .70, +.60
[12:52] {Threei} UAUA is preparing for a break possible
[12:54] {dino} mdvn sm l .60, stop .33
[12:58] {dino} celg sm l .50
[13:08] {Threei} green
[13:09] {magoo} i see red lol
[13:09] {Threei} blinks fast, don't take your eyes off :)
[13:11] {magoo} laser dcc
[13:12] {Threei} green, look fast
[13:13] {dino} bucy moving, will joyg go w/it
[13:15] {dino} pcln stop to .29
[13:16] {dino} celg stopped terrible
[13:16] {dino} out pcln .39 +1.14
[13:16] {Threei} nice
[13:22] {peterg} has dino got all the money now?
[13:22] {Threei} yeah
[13:22] {dino} not
[13:22] {dino} smaller size today
[13:22] {dino} over goal
[13:22] {peterg} modest
[13:22] {peterg} good 4 u
[13:23] {dino} just lucky
[13:24] {Threei} FORMER FED CHAIRMAN VOLCKER: THE FINANCIAL SYSTEM HAS BROKEN DOWN, THE CURRENT FINANCIAL TURMOIL IS THE MOST COMPLICATED CRISIS HE HAS SEEN - CONF COMMENTS
[13:24] {Threei} - predicts losses from the financial crisis will exceed $500B
[13:24] {Threei} 500B? don't look now
[13:25] {Threei} if I promise to be fiscally responsible, can I have 1/500 of that?
[13:26] {Threei} 5 points bounce RIMM
[13:27] {Threei} (and it's still red, LOL)
[13:33] {dino} out mdvn .20, +.60
[13:34] {dino} spiked right into my layout
[13:34] {dino} celg comes back, sheesh
[13:41] {cosmo} spnc too
[13:42] {peterg} Popeye eats spnc to get strong
[13:44] {dino} i yam what i yam
[13:44] {peterg} that's it!!
[13:44] {dino} and "i will gladly pay you tomorrow for a hamberger today"
[13:44] {dino} hamburger
[13:44] {cosmo} spnc has some potential....it could do a 'popeye' i say
[13:45] {dino} so could olive
[13:46] {cosmo} seems to be biting through the can still....
[13:48] {cosmo} 5.85 hod
[13:49] {peterg} u in?
[13:49] {peterg} cosmo?
[13:49] {cosmo} always...
[13:49] {peterg} ok
[13:50] {cosmo} once you're in, you're in for good...
[13:50] {Threei} lol
[13:50] {dino} brb
[13:51] {peterg} whats the line from hotel california, you can check out but never leave
[13:51] {peterg} :
[13:51] {peterg} ?
[13:53] {Threei} Last thing I remember, I was
[13:53] {Threei} Running for the door
[13:53] {Threei} I had to find the passage back
[13:53] {Threei} To the place I was before
[13:53] {Threei} ’relax,’ said the night man,
[13:53] {Threei} We are programmed to receive.
[13:53] {Threei} You can checkout any time you like,
[13:53] {Threei} But you can never leave!
[13:53] {peterg} wonderful!
[13:53] {peterg} metaphor for life?
[13:53] {cosmo} the Prisoner?
[13:54] {cosmo} checking..
[13:54] {Threei} 20 cents scalp SPNC, thanks cosmo
[13:55] {cosmo} quitter...
[13:58] {cosmo} .89 stop
[13:59] {peterg} listenin to Hotel California..... memories
[14:00] {cosmo} ... i had a bad experience with that album...
[14:00] {magoo} like "life in the fastt lane"
[14:01] {cosmo} loud neighbors
[14:01] {cosmo} the music anyway...they were all passed out
[14:01] {peterg} thats baad
[14:02] {peterg} enuf to sour you even on the sacred song?
[14:02] {GeoArb} hi just visiting as cant keep away.... Am going to be in DC till thurday :(
[14:02] {peterg} hey geo
[14:02] {cosmo} they took it to the limit..
[14:03] {peterg} was this the time of my youth? the sixties?
[14:03] {peterg} maybe the album wasnt even out then
[14:03] {peterg} dont remember hahaha
[14:05] {dino} 70s
[14:06] {Threei} Geo :)
[14:07] {magoo} funny..u call it album..not cd lol
[14:08] {peterg} showin age
[14:09] {cosmo} hmm... maybe the cd is better...
[14:09] {peterg} vinyl supposed to have more depth, resonance.
[14:10] {dptl} lol...cosmo
[14:12] {cosmo} spnc 6.10 test ...at some point
[14:23] {Threei} oil sharp drop
[14:29] {Threei} and sharp spike
[14:30] {Threei} someone's throwing darts or what
[14:32] {magoo} vad..what would logic sugest?
[14:32] {magoo} power up or sell off into bell
[14:33] {Threei} can't tell really
[14:34] {magoo} why?
[14:34] {Threei} maarket is so hesitant here, hard to read its intention
[14:34] {Threei} whole bounce looked quite labored
[14:35] {Threei} no that lovely violent rally of relief
[14:35] {Threei} rather "well, technically I have to bounce here, so be it... there, happy now?"
[14:36] {Threei} makes me think more selling next week
[14:38] {magoo} smart guy u be
[14:39] {Threei} good looking too
[14:40] {magoo} and modest
[14:40] {Threei} too modest I'd say
[14:40] {magoo} too good lookin i'd say
[14:41] {magoo} see..i need to borrow some cash so suckin up here
[14:41] {Threei} who's magoo?
[14:45] {magoo} l aapl here .20
[14:45] {magoo} sm
[14:46] {magoo} stop .89
[14:47] {Threei} {LEH TICKING HIGHER AFTER POSITIVE COMMENTS BY JIM CRAMER
[14:48] {_andresy} Good bye, and thanks to all of you
[14:48] {dino} sm l afam .02
[14:48] {Threei} take care andresy
[14:49] {_andresy} You too
[14:49] {magoo} yes..take care
[14:50] {dino} cya andresy
[14:52] {Threei} BARTON BIGGS SPECULATES THAT THE MARKETS MAY BE NEARING A BOTTOM AND MAY RALLY - INTERVIEW COMMENTS
[14:52] {Threei} - Biggs cites recent decrease in price of oil that may establish a short surge in consumer spending
[14:55] {magoo} RIMM trying for green
[14:56] {Threei} everything went green
[14:56] {Threei} DJI, COMP, SP, NQ
[14:58] {magoo} aapl trying green
[14:59] {dino} afam out .51 +.49
[15:14] {magoo} short rimm .60 now small
[15:16] {magoo} looking for loss of 106
[15:18] {magoo} nope
[15:19] {magoo} RIMM sux anymore
[15:20] {peterg} how about that nvda
[15:21] {dino} sm l gldd .75, stop .48
[15:21] {peterg} swing, a la ese
[15:21] {Threei} yeah... slow and narrow but works
[15:22] {dino} kind of mean to say about es
[15:23] {Threei} lol
[15:23] {Threei} too bad we will forget about it till Monday... he would love it
[15:24] {dino} indeed
[15:24] {magoo} ruimm gonna lose 106..back in sh .71
[15:25] {magoo} god dammit
[15:25] {dino} fixated on it
[15:27] {dino} cach spike
02[15:28] * Disconnected
Friday, September 5, 2008
Thursday, September 4, 2008
Sep 04 2008
Session Time: Thu Sep 04 00:00:00 2008
[08:07] {Threei} sold half URRE 3.38, +.19
[08:15] {Threei} AUG ADP EMPLOYMENT CHANGE: -33K V 30KE
[08:28] {esemde} good morning ....got cut off just before i was going to enter VPHM yesterday....but I think we have my computors problems solved
[08:29] {Threei} good morning ese
[08:29] {Threei} what was it?
[08:29] {esemde} If you have a portable phone in the same room as your wireles router
[08:29] {esemde} look out
[08:30] {esemde} the problem was solved by
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 444K V 420KE
[08:30] {Threei} CONTINUING CLAIMS: 3.435M V 3.420ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 4425K to 429K
[08:30] {Threei} - Prior Continuing Claims revised from 3.423M to 3.429M
[08:30] {esemde} a 19 years technical wiz bang kid who lives 100 miles south of BomBay India...some town I had never heard of
[08:31] {Threei} *Q2 FINAL NONFARM PRODUCTIVITY: 4.3% V 3.5%E; UNIT LABOR COSTS: -0.5% V 0.0%E
[08:31] {Threei} jeez
[08:31] {Threei} so just need to turn it off?
[08:31] {esemde} I have been struggling with this problem for a couple of months now and no one had been able to solve it
[08:32] {esemde} no....he changed the channel setting on my
[08:32] {esemde} Linksys wireless router
[08:32] {Threei} got it
[08:33] {Threei} I remember now that you said it... my old phone did interfere with wireless connection as well
[08:33] {Threei} newer one is in another frequency band, no such effect
[08:33] {esemde} plus a couple of other settings inside the router.......
[08:34] {esemde} I hope this sovlves the probelm......this has been very frustrating
[08:39] {Threei} Added some Alaska photos to http://www.flickr.com/photos/36948132@N00/sets/72157606920267755/
[08:41] {cosmo} nice UFO shot....
[08:41] {Threei} hmm?
[08:41] {cosmo} ...the last one...
[08:42] {Threei} oh
[08:42] {Threei} lol
[08:42] {Threei} torn between dumping URRE at .40 and attempt to hold for more
[08:43] {cosmo} SOLR: deal with LDK Solar
[08:44] {cosmo} fwiw
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:06] {Onix} Good morning everyone!
[09:10] {Threei} onix :)
[09:11] {pita} morning all
[09:13] {Threei} pita :)
[09:15] {fernp} gm
[09:16] {Threei} fern :)
[09:16] {tomg} gm all, enjoyed the photos vad
[09:16] {Threei} ty tom :)
[09:17] {Onix} gtreat photos ty Vad
[09:17] {Threei} :)
[09:18] {Threei} going to be fairly picky today
[09:19] {Threei} the change we got so far is stubborn selling in the markets even though oil drops,
[09:19] {Threei} so we lost, at least so far, our leading indicator that worked for us through August
[09:20] {Threei} another change was, market became a bit less choppy and a bit more trneding
[09:20] {magoo} morning
[09:20] {Threei} so our attempts at reversals stopped working
[09:20] {Threei} magoo :)
[09:20] {magoo} took 3 tries to enter room vad..just in case u monitoring it
[09:20] {Threei} so... as we re-adjust, going to be careful and picky
[09:21] {Threei} what message were you getting?
[09:22] {Threei} as I posted earlier, sold half URRE at 3.39
[09:22] {magoo} i dont know
[09:22] {Threei} holding half still
[09:23] {Threei} I see just one connecting attempt by you, successful
[09:23] {magoo} anyway, a trending mkt would be easier to trade imo as long as we figure out trend
[09:23] {Threei} so whatever it was, it wqas not reaching the server
[09:23] {Threei} sure... we got unused from trend, played chppiness which pretty much took us into reversal
[09:23] {Threei} mode
[09:24] {Threei} not sure today is right day to play downtrend, daily feels like snapback time
[09:24] {Threei} but we will see how it goes
[09:25] {magoo} well..yes..i think i mentioned yesterday that i feel today was going up big
[09:25] {magoo} but who knows
[09:29] {peterg} gm all
[09:29] {Threei} peter :)
[09:29] {Threei} out 300 more 3.45
[09:29] {Threei} 200 left
[09:29] {Threei} offering 3.60
[09:30] {Threei} stop 3.15
[09:31] {dino} c'mon down 60+/- more dji
[09:32] {Threei} Long Setup: FNM .21 trigger
[09:32] {Threei} if stays above .10
[09:33] {Threei} out URRE .58
[09:33] {Threei} that was a good hold for gap
[09:33] {Threei} anyone followed?
[09:34] {patience} still in urre, you're faster than me
[09:34] {Threei} I am less patient :)
[09:35] {dptl} good morning all
[09:35] {Threei} dp :)
[09:36] {Threei} hmmm
[09:36] {Threei} URRE really has legs still it seems
[09:36] {patience} i like the volume in it
[09:36] {Threei} yes
[09:37] {dino} afam sm l .35
[09:38] {dino} ges sm l .80
[09:38] {Threei} Short Setup: AKAM.19 if stays below .25
[09:38] {dino} wide both
[09:45] {Threei} 20 is last bastion for AKAM
[09:45] {dino} ges stop to .50
[09:45] {Threei} cover half here just in case
[09:45] {Threei} but it feels to me it's going to break it down
[09:46] {Onix} in AKAM 20.13
[09:46] {dino} out ges .80, +1.00
[09:47] {dino} out afam .80, +.45
[09:47] {Threei} here we go
[09:47] {Threei} wtg dino
[09:47] {dino} ty
[09:48] {dino} ok dji get us to 11330ish
[09:48] {dino} rimm coming back up
[09:48] {dino} hod rimm
[09:49] {dptl} out akam at 20 ty
[09:49] {Threei} welcome
[09:50] {Roman} long WB
[09:50] {Roman} 17.05
[09:52] {Threei} ABK
[09:52] {Roman} long MER
[09:52] {Threei} tries to break yesterday's high
[09:52] {Roman} 28.05
[09:52] {Threei} what is pushing financials?
[09:55] {magoo} l rimm .50 sm'
[09:55] {Threei} nice WB
[09:55] {magoo} stop .98
[09:56] {Roman} STSI just keeps going
[09:57] {Roman} FRE radar
[09:58] {dino} afam sm l .45
[09:59] {dino} gtls blood
[09:59] {judijim} good morning all
[09:59] {Threei} jj :)
[10:00] {Threei} AUG ISM NON-MANUFACTURING COMPOSITE: 50.6 V 49.5E
[10:01] {Threei} Non-Mfg Prices Paid Index: 72.9 v 80.8 in July
[10:01] {Threei} - Employment: 45.4 v 47.1 in July
[10:01] {Threei} - New Orders Index: 49.7 v 47.9 in July
[10:03] {dino} gtls l sm .50
[10:04] {Threei} Long Setup: UAUA .17 trigger
[10:04] {Threei} 12.05 stop
[10:06] {Threei} UAUA 1:1
[10:06] {fernp} ty
[10:06] {Threei} half out or scalp, your choice
[10:06] {Threei} fern :)
[10:07] {Threei} 1:2
[10:07] {Threei} me out
[10:08] {magoo} out .43 THANX
[10:08] {Threei} welcome
[10:08] {Onix} ty Vad, UAUA good
[10:08] {Threei} :)
[10:10] {Threei} we have oil inventories at 11 today
[10:10] {Threei} unusual day and time
[10:10] {Threei} almost forgot about it
[10:14] {dino} gtls stop to .94 expect slip
[10:17] {dino} to .05
[10:17] {dino} out afam -.45
[10:18] {Threei} Short Setup: LEH 16.19 trigger if stays under .30
[10:19] {Threei} in aggressively
[10:19] {Threei} stop .36
[10:19] {dino} gtls to .10
[10:21] {Onix} in ss LEH .28
[10:21] {dino} out gtls .12, +.62
[10:23] {esemde} swing long NVDA 11.57 full lot
[10:23] {magoo} vad, leh holding in a naz pullbk
[10:24] {Threei} so it will be stopped at .36
[10:24] {magoo} boy are you sensitive {again}
[10:24] {Threei} just not sure what you want me to do in the middle of the trade
[10:25] {magoo} just giving insight i too .31
[10:25] {magoo} sah
[10:25] {dino} stop fighting girls
[10:25] {magoo} that DOES IT
06[10:25] * magoo slaps dino around a bit with a large trout
[10:25] {Threei} lol
06[10:25] * magoo slaps Threei around a bit with a large trout
[10:26] {Threei} that's what aggressive entires are for, aren't they? less certainty in outcome, tighter stops
[10:27] {magoo} hey, i took it
[10:27] {magoo} just adding info as i see it
[10:28] {magoo} but mind u ..if it works..i not thanking u for all the smack i taking here
[10:28] {Threei} NIGERIAN OIL MIN: OPEN ON IDEAS FOR OPEC POLICY DECISION
[10:28] {dino} pcln green
[10:29] {Threei} hmmm... so far I see you being the only one smacking people left and right, lol
[10:30] {Threei} covering half LEH
[10:30] {Threei} scalpers take profit
[10:30] {magoo} my job in room
[10:31] {dino} lod's
[10:32] {Onix} LEH good ty Vad
[10:32] {dino} getting close to target
[10:32] {Threei} welcome sir
[10:33] {dino} cme fast drop
[10:33] {Threei} what's happening?
[10:33] {magoo} vad, look at qqq chart
[10:33] {Threei} LEH is 1: 3
[10:34] {Threei} I am out 16.06
[10:34] {dino} will 11330 hold
[10:34] {Threei} what about it magoo?
[10:34] {Threei} fell of a cliff
[10:34] {magoo} ok ok ...out .07 THANK U {sdaid i wouldn't..but had too say it}
[10:35] {Threei} lol
[10:35] {magoo} volume on the sell vad
[10:35] {Threei} how manly of you
[10:35] {Threei} yeah... friking AKAM
[10:35] {magoo} q volume sell side
[10:35] {Threei} too bad shook us out of balance earlier
[10:37] {Threei} *EIA NATURAL GAS INVENTORIES: +90 BCF V +90 TO +95 BCF RANGE OF ESTIMATES
[10:38] {dino} ok down 4% since tues highs
[10:38] {dino} buy the dips
[10:40] {dino} gtls sm l .45
[10:41] {dino} too soon
[10:42] {dino} eyes on ges again
[10:43] {magoo} i just gave LEH your phone number vad..expect a call
[10:45] {dino} ges sm l .10
[10:46] {magoo} l rimm here small
[10:46] {Threei} not picking up the phone
[10:46] {magoo} risky
[10:46] {dino} oh mannnnnnnnnnnn swiper, stop whining
[10:46] {magoo} got .30
[10:47] {dino} risky sm wide afam l .01
[10:47] {dino} never thought i'd get that fill
[10:48] {Threei} oil numbers soon
[10:48] {magoo} stopped rimm
[10:52] {dino} whers' my rally
[10:52] {Threei} UAUA forms ascending triangle on 1 min
[10:53] {Threei} if oil numbers are good and USO drops, has a chance to jump
[10:53] {magoo} here it comes dinop
[10:55] {dino} oh ohh, then market will crash i guesss w/good oil numbers
[10:55] {dino} oil cruished this week, markets crushed
[10:55] {dino} no reasoning
[10:56] {Threei} yeah, change of paradigm
[10:59] {Threei} wow
[10:59] {magoo} magoo looking up word in pistionary
[11:00] {Threei} DOE CRUDE: -1.9M V UNCHANGED EST.;
[11:00] {Threei} GASOLINE: -1M V -1.5ME; DISTILLATES: +413K V +800KE; UTILIZATION: 88.7% V 87.5%E
[11:00] {Threei} *API Inventory:
[11:00] {Threei} - Crude Inventories: +4.2M
[11:00] {Threei} - Gasoline: +935K
[11:00] {Threei} - Distillate:-157K
[11:00] {dino} what they hell is a pistionary
[11:02] {Threei} sitting out this jerkiness, letting market sort it out
[11:03] {Threei} morning was fgood, no need to spoil it gambling right now
[11:03] {Threei} fgood is good with fat fingers, not what you thought
[11:12] {dino} v sm wynn l .08
[11:14] {dino} afam stop to .15
[11:14] {dino} out .12 slip, +1.11
[11:15] {Threei} looks like back to business as usual for oil
[11:15] {Threei} wow dino
[11:16] {dino} lucky
[11:16] {Threei} watch for another sharp red bar USO
[11:16] {Threei} try to grab UAUA for scalp
[11:16] {Threei} ugh, happened as I typed
[11:17] {dino} aug lows dji
[11:17] {dino} dino wondering how the talking heads feel about tuesday morning worst is over crap
[11:18] {Threei} they long forgot about it
[11:18] {Threei} their attention span is less of that of daytraders
[11:19] {Threei} anyone got UAUA?
[11:19] {dino} ocln positive, strange
[11:20] {Threei} mama mia oil
[11:20] {dino} rally time imo
[11:20] {dino} pcln i mean
[11:20] {Threei} straight down
[11:21] {dino} bucy chart ouch 72 to 51 in 4 days
[11:22] {dino} rally not happening
[11:22] {dino} ok patience -300 coming
[11:22] {Roman} time to flip some houses
[11:23] {dino} :)
[11:32] {Threei} TSX is getting third day of cruel beating
[11:32] {Threei} down over 300
[11:33] {esemde} see ya tomorrow all.....still swing long NVDA
[11:33] {Threei} take care ese
[11:37] {dino} afam drop
[11:39] {patience} ok, just did a 10k run, did i miss anything?
[11:39] {Threei} lol... a lot actually
[11:39] {Threei} have a look at USO chart
[11:39] {Threei} it did its 10K as well :)
[11:40] {pita} cu all tomorrow
[11:40] {magoo} pita:)
[11:40] {Threei} take care pita
[11:42] {magoo} l aapl here .70 sm
[11:43] {magoo} stop .09
[11:43] {magoo} 300 shares..so stop 180 bux
[11:43] {magoo} lay out .31
[11:44] {dino} ilmn v sm l .23
[11:44] {magoo} hell take .25
[11:45] {magoo} Out .55
[11:47] {magoo} tough crowd
[11:47] {magoo} easy button trade
[11:47] {patience} magoo...your my hero!
[11:47] {dino} lol
[11:47] {magoo} one minute trade with straight up
[11:48] {Threei} OK, I gought hard but can't resist
[11:48] {Threei} wtg magoo
[11:48] {Threei} gought = fought
[11:48] {Threei} oil low volume bounce
[11:49] {Threei} watch if it gives that red bar from here
[11:49] {Threei} UAUA is at good point for bounce
[11:50] {dino} out ges .44 +.36
[11:50] {_csepulve33} good morning
[11:50] {Threei} hi csepulve
[11:51] {dino} gm 33
[11:52] {magoo} vad, u stiull got that rally monkey?
[11:52] {Threei} no... gotta search for it
[11:52] {magoo} we need it
[11:53] {magoo} rrrrrrrrraaaaaaaaaallllllllllllllllyyyyyyyyyyyyyyyy
[11:56] {_andresy} Goog morning
[11:56] {Threei} hi andresy, welcome
[11:56] {_andresy} Hi csepulve
[11:57] {_andresy} Hi Threei
[11:57] {Threei} oil upward move put a dampening cloth on rally for now magoo
[11:57] {_andresy} So, how are you doing far?
[11:58] {Threei} rather well, thank you
[11:58] {_andresy} Good
[12:00] {Threei} USO feels to break 87 now, which should take UAUA under 12.20, with closer to 12 being bounce level
[12:01] {dino} welcome to the jungle andresy
[12:01] {dino} good day
[12:02] {_andresy} Thank you
[12:02] {_andresy} dino
[12:02] {_andresy} Bearish day, but i was expecting oil to go high
[12:05] {dino} don't expect
[12:06] {magoo} well vad..find monkey now while your sleeping..we gonna need him
[12:08] {dino} spnc
[12:08] {Chaeron} morning all
06[12:08] * magoo slaps Chaeron around a bit with a large trout
[12:08] {Threei} chaeron :)
[12:09] {Chaeron} thanks magoo... me you get in 2 seconds, Dave it takes you an hour
[12:10] {magoo} well...u a priority
[12:11] {dino} spnc bv sm l .20 risky
[12:11] {Chaeron} awwww... I feel special
[12:13] {Threei} Short Setup: UAUA .19 if stays below .25
[12:13] {Threei} just a scalp
[12:30] {Threei} invalidated
[12:36] {dino} spnc stop is .98 wicked
[12:40] {Threei} RIMM
[12:40] {Threei} watching for short
[12:40] {Threei} into bounce - around .15 - .25,
[12:40] {Threei} for breakdown - under .90
[12:44] {Threei} last bounce topped out just under 110.10
[12:44] {Threei} so sop would be above that
[12:44] {Threei} sop is a stop
[12:45] {Threei} look to cover around .50 - .60
[12:46] {Threei} over 1:1
[12:46] {Threei} feel free to take profit as you see fit
[12:47] {Threei} hit target perfectly
06[12:47] * Threei slaps magoo around a bit with a large trout
[12:47] {peterg} very nice call
[12:47] {Threei} ty
[12:48] {dino} lod going to hold? hmmm
[12:48] {Threei} feels like no
[12:49] {dino} feeling the same
[12:50] {dino} ilmn stop to .48
[12:51] {dino} make it .59
[12:51] {dino} spnc stopped -.22
[12:52] {dino} toughy
[12:53] {dino} maybe worth a try around lows
[12:54] {dino} out ilmn .68, +.45 reverse slip, wierd
[12:56] {peterg} weird
[12:57] {peterg} sorry cant help it
[12:58] {dino} lol
[12:58] {dino} was thinking i before e except after c
06[12:59] * Threei slaps laserdave1 around a bit with a large trout
[12:59] {peterg} and sometimes w
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {laserdave1} this market is relentless
[13:00] {laserdave1} wow
[13:00] {Threei} sure is... no snapback after such selloff for days
[13:00] {patience} tsx down -296
[13:00] {Threei} but it's coming
[13:00] {laserdave1} today?
[13:00] {patience} y
[13:01] {Threei} my feel is at this moment:
[13:01] {Threei} one more test of low, then upward thrust
[13:02] {Threei} if/when it comes, RIMM should be good for couple points
[13:03] {magoo} i cant remember when RIMM was down over 5 pts 3 days straight
[13:04] {Threei} if you are willing for a few attempts:
[13:04] {Threei} one would be RIMM long here with stop under .50
[13:04] {Threei} another, long on 110 break if holding aabove .70
[13:04] {magoo} how about AAPL vad?
[13:05] {Threei} not sure
[13:05] {Threei} less readable to me
[13:05] {dino} spnc halted
[13:06] {Threei} earlier on it:
[13:06] {Threei} WEAKNESS ATTRIBUTED TO VAGUE RUMOR OF REGULATORS RAIDING OFFICES OF THE COMPANY
[13:06] {Threei} - also chatter that the company has cancelled a conference call with Barrington today.
[13:06] {Threei} - reminder: the stock was cut to Sell by Goldman Sach early this morning
[13:07] {Threei} here comes test of the low
[13:07] {Threei} RIMM not making new low so far
[13:07] {Threei} AAPL does
[13:07] {Threei} RIMM remains my choice for a bounce play
[13:08] {Threei} in RIMM
[13:08] {Threei} got .65
[13:08] {Threei} stop under .40
[13:08] {Threei} reminder, be ready for a few tries
[13:08] {laserdave1} hopefully market double bottoms
[13:09] {Threei} AAPL new lows again
[13:10] {Threei} NQ jump over 1800 should start meaningful bounce now
[13:11] {Threei} come on market, grow a set, will ya
[13:12] {patience} nice vad, i'm betting we drop below 11k on the dow in next few days
[13:12] {laserdave1} long rimm and aapl
[13:12] {Threei} very possible patience
06[13:13] * Chaeron slaps laserdave1 around a bit with a large trout
[13:13] {Threei} selling is so sustainable, I woj't be surprized to see more of it
[13:14] {Threei} AAPL puts a lid on a bounce
[13:14] {laserdave1} stopped aapl
[13:14] {Threei} told ya it was no good
[13:14] {Threei} weakest link
[13:14] {laserdave1} i am just palying market bounce
[13:15] {laserdave1} but was rong
[13:15] {laserdave1} they jigged it lower
[13:15] {Threei} now with AAPL
[13:15] {Threei} RIMM is better choice
[13:15] {Threei} now = not
[13:15] {Threei} now worky
[13:15] {Threei} lol... now = no
[13:16] {Threei} and see who led new leg down
[13:16] {Threei} AAPL did
[13:19] {laserdave1} ok im long \both again
[13:19] {laserdave1} tight stops
[13:19] {Threei} magoo
[13:20] {Threei} http://www.rallymonkey.com/oldvideo.php
[13:21] {Threei} selloff is not done yet IMO
[13:21] {Threei} bounce attempts are unconvincing
[13:21] {Threei} not rushing in for another attempt
[13:22] {patience} tsx down -351, going lower imo
[13:28] {dino} ok give us the whoosh down
[13:28] {dino} -300 patience
[13:29] {patience} -375
[13:29] {patience} nasty nasty nasty
[13:29] {Threei} FED'S FISHER: SEES ANEMIC US GROWTH OVER THE NEXT SEVERAL QUARTERS, DECLINES IN COMMODITY PRICES MAY NOT LAST - USA TODAY INTERVIEW
[13:34] {Threei} back in RIMM
[13:34] {Threei} got .85
[13:34] {Threei} sorry, late post
[13:34] {magoo} lol .76
[13:34] {Threei} too fast
[13:34] {Chaeron} arrg
[13:34] {Chaeron} nice job you two
[13:35] {Threei} half out .35
[13:35] {Threei} +.50 if my math is right
[13:36] {Threei} .79 stop
[13:36] {Threei} stop to .95, no lose territory
[13:37] {Threei} offering .95
[13:37] {magoo} out .60
[13:37] {magoo} ty
[13:38] {Threei} 109.95 that is... while stop is at 108.95
[13:38] {Threei} to make sure my handles are right :)
[13:38] {Threei} good one mags
[13:38] {Threei} didn't take long too
[13:39] {Threei} why did I forget to return to UAUA short when it reinstated itself?
[13:39] {laserdave1} i think bounce again now
[13:39] {laserdave1} lol
[13:39] {laserdave1} can the market really be this sick
[13:39] {Threei} worked perfectly of .20 breakdown
[13:39] {Threei} sigh... attention span of a moth
[13:40] {Threei} dave... "market can stay irrational longer than you can stay solvent" :)
[13:40] {Threei} that's why they inveneted stops
[13:40] {laserdave1} bear markets can last years
[13:40] {Chaeron} and poor houses
[13:40] {laserdave1} it was like an exprssion
[13:40] {laserdave1} like how relentless
[13:41] {laserdave1} dow can easily test 10k
[13:41] {Threei} so what
[13:41] {Threei} we have big red day roday, yet go over calls
[13:41] {Threei} nicely in profit
[13:42] {laserdave1} you are misunderstanding me
[13:42] {Threei} nah
[13:42] {laserdave1} some of my biggest days are when markets go down
[13:42] {Threei} I am just looking for an excuse to slap you
[13:42] {laserdave1} u dotn need an excuse
[13:42] {laserdave1} uknow that
[13:42] {Threei} on second thought... really
06[13:42] * Chaeron slaps laserdave1 around a bit with a large trout
[13:42] {Threei} why do I need an excuse
[13:42] {Chaeron} see?
06[13:42] * Threei slaps laserdave1 around a bit with a large trout
[13:43] {Threei} you are right chaeron
[13:43] {dino} most of my biggest are days like this
[13:43] {Threei} raise your hands who is in the money today
[13:44] {dino} :)
[13:44] {Threei} smile will do to
06[13:44] * Threei slaps dptl around a bit with a large trout
[13:44] {Threei} I know you are
[13:45] {Threei} what, that's it? who am I calling them for
06[13:45] * Threei is ready to remove himself to monastery
[13:45] {patience} i'm waiting vad....getting ready to go shopping :)
[13:46] {Threei} after 3 days of window shopping? :)
[13:46] {dino} oil moving up
[13:46] {patience} i'm just waiting for some ag stocks to hit technical lows
[13:46] {dino} 4.7% pretty good 3 day discount
[14:02] {Threei} getting tempted by RIMM again
[14:04] {Threei} missed I guess
[14:04] {Chaeron} was just going to ask
[14:04] {Threei} hesitated too long
[14:05] {Threei} 109.05 trigger if holding .90
[14:07] {Chaeron} invalidated?
[14:07] {Chaeron} it's froggy
[14:07] {Threei} hard to tell
[14:07] {Threei} a bit too jumpy
[14:08] {Threei} ok, in
[14:09] {Threei} stop under .70
[14:12] {Threei} FED'S FISHER: UNFUNDED LONG TERM LIABILITIES POSE THE LARGEST THREAT TO THE US ECONOMY
[14:12] {dino} -5% dji 3 days, getting excessive imo
[14:13] {Threei} and yet
[14:13] {Threei} new wave of selling coming it seems
[14:13] {Threei} out RIMM with chicken feed
[14:13] {dino} 11131 next support
[14:13] {Threei} want to wait it out
[14:13] {Threei} plus 4 cents
[14:13] {Threei} lol
[14:13] {Threei} I better don't spend it all it once
[14:14] {Threei} holding rather well
[14:16] {Threei} RIMM
[14:16] {Threei} HEARING AMTECH CUTTING ESTS AND PRICE TARGET TO $190 FROM $205 (TIMING UNCERTAIN)
[14:16] {magoo} where the hek is your ppt
[14:16] {magoo} price protection
[14:17] {Threei} 190?
[14:17] {Threei} lol
[14:18] {Threei} PIMCO'S GROSS: MARKETS NEED $400-500B OF NEW CAPITAL TO STEM FLOW OF ASSET DELEVERAGING - CNBC COMMENTS
[14:18] {Threei} - Treasury is hindered by upcoming election
[14:18] {Threei} - at this point unwilling to buy into new capital raising rounds by financial institutions
[14:19] {patience} tsx down 1000 points in 3 days, nbow down -410 oh my my
[14:20] {Threei} why did we ever cover that LEH short?
[14:20] {peterg} what is asset deleveraging? loans called?
[14:21] {Threei} freeing bank balancer sheets from mortgage exposure, as I read it
[14:21] {Threei} by whatever means it could be done
[14:23] {dino} dji -601; 11790-11189
[14:23] {Threei} but you better verify with someone better versed in bank-speak
[14:23] {dino} putting on some sm swings
[14:24] {Threei} to me, all statements by those people come to "we want to sell you something" and "oh no, don't try to do it yourself"
[14:25] {dino} ges sm l .90
[14:25] {Threei} the day I find financial advisoer working in a local bank branch who made a single dime by trading his own money will be the day I mark in my calendar and celebrate every uear from than moment on
[14:31] {dino} fed's yellen is yelling on cnbc
[14:32] {dino} commodity drops helping fed: read no increase, perhap[s room to cut if they must
[14:32] {Threei} FED'S YELLEN: SLUGGISH GROWTH SEEN IN 2H08,, INFLATION RISKS HAVE FALLEN, BUT STILL AT FOREFRONT, PRICING PRESSURES HAVE NOT DISAPPEARED,SEES INFLATION SLOWING IN 2009, INFLAT
[14:32] {Threei} - Notes does not see a wage price spiral,
[14:33] {dino} hard to spiral w/cuts
[14:33] {dino} in jobs
[14:33] {Threei} you are good at decoding fed-speak dino
[14:33] {Threei} FED'S FISHER: FNM AND FRE ARE FOR THE TREASURY TO HANDLE - Q&A
[14:33] {dino} lol
[14:34] {Threei} Treasury: what?? why us??
[14:35] {Threei} - Notes does not see a wage price spiral, expects inflation to fall to just above 2% in 2009
[14:35] {Threei} - Pricing pressures have no disappeared, but tight credit conditions are making rate policy more difficult, US enduring a 'severe' credit crunch
[14:35] {Threei} - Sees housing prices falling further, overseas economices are suffering from slow US economy
[14:36] {Threei} what's their salary?
[14:36] {Threei} I can make all these statements for 10% of what they get
[14:37] {Threei} save their shareholders a lot of money
[14:39] {_csepulve33} any salmon on the market?
[14:40] {Threei} OMCL is
[14:40] {Threei} GEOY
[14:40] {dino} mdvn, apol, skf
[14:40] {dptl} have a good rest of the day all.......see ya tomorrow:)
[14:41] {dino} tlt
[14:41] {Threei} TASR
[14:41] {dino} clne
[14:41] {Threei} take care dp
[14:41] {dino} ges
[14:41] {dino} cya dp
[14:44] {cosmo} CLNE up
[14:45] {cosmo} 19
[14:46] {cosmo} testing
[14:47] {cosmo} passes
[14:48] {dino} gj
[14:49] {cosmo} maybe...
[14:50] {dino} pcln
[14:58] {dino} up we go
[15:00] {_csepulve33} any oportunity?
[15:00] {dino} indeed
[15:00] {dino} rimm, ges, pcln,
[15:01] {dino} ilmn
[15:01] {dino} ones from earlier trades imo
[15:05] {magoo} VVVVVVVVVVAAAAAAAAAAAADDDDDDDDDDDDDDDD
[15:05] {magoo} read rimm please
[15:05] {_csepulve33} up
[15:05] {Threei} R
[15:05] {Threei} I
[15:05] {Threei} two Ms
[15:05] {Threei} get it on pullback
[15:05] {_csepulve33} double bottom?
[15:06] {Threei} .30 is nearest support fo it
[15:10] {Threei} first strength from here
[15:11] {Threei} stop under .30
[15:11] {magoo} in .49
[15:13] {Threei} OMCL up 25 cents since mention
[15:14] {Threei} salmons are salmons
[15:15] {_csepulve33} INTC support break
[15:16] {Threei} RIMM over 1:2 with .50 or so entry
[15:16] {Threei} over 1:1 sorry
[15:18] {magoo} was wait .89
[15:18] {magoo} missed
[15:22] {Threei} wow... more panic
[15:24] {dino} ?
[15:28] {Threei} back in RIMM for bounce scalp
[15:28] {Threei} stop under .70
[15:29] {Threei} no worky
[15:29] {Threei} been a serious while since selling was that relentless
[15:30] {Threei} usually even on big red days we were getting nice bounce closer to end of day
[15:30] {Threei} look at that
[15:31] {laserdave1} RIMM violence
[15:32] {magoo} ive never seen RIMM so bad for 3 days straight
[15:33] {Threei} actually, 5 red days in a row on it
[15:33] {dino} pcln stop to .64
[15:33] {Threei} accelerating
[15:33] {dino} out +.62
[15:34] {dino} in june vad, look at rimm chart
[15:34] {laserdave1} qqqq big bar up
[15:34] {laserdave1} they have stuffed every rally atttmept
[15:34] {laserdave1} so we will see
[15:36] {dino} darn, missed my entry ilmn, now up .80
[15:36] {dino} xto, chk green...natural gas
[15:40] {dino} out ges .55 -.35
[15:42] {Threei} gosh... I didn't prepare that much popcorn for today
[15:49] {dino} ok gotta hop, baseball
[15:49] {dino} thx all
[15:49] {Threei} take care dino
[15:49] {peterg} later big buy
[15:49] {peterg} guy
[15:49] {Threei} mags... and we thought we would get a snapback day today, eh? :)
[15:49] {_andresy} Bye dino, thank you
[15:50] {Threei} -320 DJI instead
[15:50] {Threei} -50 NQ
[15:50] {peterg} snap tomorrow
[15:51] {peterg} maybe
[15:51] {peterg} since we are philosophical probabalists
[15:51] {_csepulve33} good bye take care
[15:51] {peterg} probababalistic philosophers. by 33
[15:52] {Threei} ese's NVDA held not too bad actually
[15:52] {peterg} by swing did he mean overnite
[15:53] {Threei} possibly longer
[15:56] {Threei} finishing at the low
[15:58] {Threei} wow... can't stop watching :)
[15:59] {peterg} sense of carnage?
[15:59] {Threei} close to it
[15:59] {peterg} yep
[15:59] {patience} sense of puking yet?
[15:59] {peterg} feel good so far
[15:59] {peterg} in cash for months now
[15:59] {patience} laughing, not you, the market
[16:00] {Threei} that's a good feeling
[16:00] {Threei} imagine being fully invested
[16:00] {patience} just started some buying
[16:00] {Threei} now if you think that's bad - imagine being fully margined
[16:00] {patience} laughing, oh well, i can hold em
[16:01] {Threei} ok guys, thank you all
[16:01] {Threei} have a good evening
[16:01] {Threei} tomorrow will be very interesting
[16:01] {peterg} thks, gnight, till tmo
[16:01] {peterg} yes
[08:07] {Threei} sold half URRE 3.38, +.19
[08:15] {Threei} AUG ADP EMPLOYMENT CHANGE: -33K V 30KE
[08:28] {esemde} good morning ....got cut off just before i was going to enter VPHM yesterday....but I think we have my computors problems solved
[08:29] {Threei} good morning ese
[08:29] {Threei} what was it?
[08:29] {esemde} If you have a portable phone in the same room as your wireles router
[08:29] {esemde} look out
[08:30] {esemde} the problem was solved by
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 444K V 420KE
[08:30] {Threei} CONTINUING CLAIMS: 3.435M V 3.420ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 4425K to 429K
[08:30] {Threei} - Prior Continuing Claims revised from 3.423M to 3.429M
[08:30] {esemde} a 19 years technical wiz bang kid who lives 100 miles south of BomBay India...some town I had never heard of
[08:31] {Threei} *Q2 FINAL NONFARM PRODUCTIVITY: 4.3% V 3.5%E; UNIT LABOR COSTS: -0.5% V 0.0%E
[08:31] {Threei} jeez
[08:31] {Threei} so just need to turn it off?
[08:31] {esemde} I have been struggling with this problem for a couple of months now and no one had been able to solve it
[08:32] {esemde} no....he changed the channel setting on my
[08:32] {esemde} Linksys wireless router
[08:32] {Threei} got it
[08:33] {Threei} I remember now that you said it... my old phone did interfere with wireless connection as well
[08:33] {Threei} newer one is in another frequency band, no such effect
[08:33] {esemde} plus a couple of other settings inside the router.......
[08:34] {esemde} I hope this sovlves the probelm......this has been very frustrating
[08:39] {Threei} Added some Alaska photos to http://www.flickr.com/photos/36948132@N00/sets/72157606920267755/
[08:41] {cosmo} nice UFO shot....
[08:41] {Threei} hmm?
[08:41] {cosmo} ...the last one...
[08:42] {Threei} oh
[08:42] {Threei} lol
[08:42] {Threei} torn between dumping URRE at .40 and attempt to hold for more
[08:43] {cosmo} SOLR: deal with LDK Solar
[08:44] {cosmo} fwiw
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:06] {Onix} Good morning everyone!
[09:10] {Threei} onix :)
[09:11] {pita} morning all
[09:13] {Threei} pita :)
[09:15] {fernp} gm
[09:16] {Threei} fern :)
[09:16] {tomg} gm all, enjoyed the photos vad
[09:16] {Threei} ty tom :)
[09:17] {Onix} gtreat photos ty Vad
[09:17] {Threei} :)
[09:18] {Threei} going to be fairly picky today
[09:19] {Threei} the change we got so far is stubborn selling in the markets even though oil drops,
[09:19] {Threei} so we lost, at least so far, our leading indicator that worked for us through August
[09:20] {Threei} another change was, market became a bit less choppy and a bit more trneding
[09:20] {magoo} morning
[09:20] {Threei} so our attempts at reversals stopped working
[09:20] {Threei} magoo :)
[09:20] {magoo} took 3 tries to enter room vad..just in case u monitoring it
[09:20] {Threei} so... as we re-adjust, going to be careful and picky
[09:21] {Threei} what message were you getting?
[09:22] {Threei} as I posted earlier, sold half URRE at 3.39
[09:22] {magoo} i dont know
[09:22] {Threei} holding half still
[09:23] {Threei} I see just one connecting attempt by you, successful
[09:23] {magoo} anyway, a trending mkt would be easier to trade imo as long as we figure out trend
[09:23] {Threei} so whatever it was, it wqas not reaching the server
[09:23] {Threei} sure... we got unused from trend, played chppiness which pretty much took us into reversal
[09:23] {Threei} mode
[09:24] {Threei} not sure today is right day to play downtrend, daily feels like snapback time
[09:24] {Threei} but we will see how it goes
[09:25] {magoo} well..yes..i think i mentioned yesterday that i feel today was going up big
[09:25] {magoo} but who knows
[09:29] {peterg} gm all
[09:29] {Threei} peter :)
[09:29] {Threei} out 300 more 3.45
[09:29] {Threei} 200 left
[09:29] {Threei} offering 3.60
[09:30] {Threei} stop 3.15
[09:31] {dino} c'mon down 60+/- more dji
[09:32] {Threei} Long Setup: FNM .21 trigger
[09:32] {Threei} if stays above .10
[09:33] {Threei} out URRE .58
[09:33] {Threei} that was a good hold for gap
[09:33] {Threei} anyone followed?
[09:34] {patience} still in urre, you're faster than me
[09:34] {Threei} I am less patient :)
[09:35] {dptl} good morning all
[09:35] {Threei} dp :)
[09:36] {Threei} hmmm
[09:36] {Threei} URRE really has legs still it seems
[09:36] {patience} i like the volume in it
[09:36] {Threei} yes
[09:37] {dino} afam sm l .35
[09:38] {dino} ges sm l .80
[09:38] {Threei} Short Setup: AKAM.19 if stays below .25
[09:38] {dino} wide both
[09:45] {Threei} 20 is last bastion for AKAM
[09:45] {dino} ges stop to .50
[09:45] {Threei} cover half here just in case
[09:45] {Threei} but it feels to me it's going to break it down
[09:46] {Onix} in AKAM 20.13
[09:46] {dino} out ges .80, +1.00
[09:47] {dino} out afam .80, +.45
[09:47] {Threei} here we go
[09:47] {Threei} wtg dino
[09:47] {dino} ty
[09:48] {dino} ok dji get us to 11330ish
[09:48] {dino} rimm coming back up
[09:48] {dino} hod rimm
[09:49] {dptl} out akam at 20 ty
[09:49] {Threei} welcome
[09:50] {Roman} long WB
[09:50] {Roman} 17.05
[09:52] {Threei} ABK
[09:52] {Roman} long MER
[09:52] {Threei} tries to break yesterday's high
[09:52] {Roman} 28.05
[09:52] {Threei} what is pushing financials?
[09:55] {magoo} l rimm .50 sm'
[09:55] {Threei} nice WB
[09:55] {magoo} stop .98
[09:56] {Roman} STSI just keeps going
[09:57] {Roman} FRE radar
[09:58] {dino} afam sm l .45
[09:59] {dino} gtls blood
[09:59] {judijim} good morning all
[09:59] {Threei} jj :)
[10:00] {Threei} AUG ISM NON-MANUFACTURING COMPOSITE: 50.6 V 49.5E
[10:01] {Threei} Non-Mfg Prices Paid Index: 72.9 v 80.8 in July
[10:01] {Threei} - Employment: 45.4 v 47.1 in July
[10:01] {Threei} - New Orders Index: 49.7 v 47.9 in July
[10:03] {dino} gtls l sm .50
[10:04] {Threei} Long Setup: UAUA .17 trigger
[10:04] {Threei} 12.05 stop
[10:06] {Threei} UAUA 1:1
[10:06] {fernp} ty
[10:06] {Threei} half out or scalp, your choice
[10:06] {Threei} fern :)
[10:07] {Threei} 1:2
[10:07] {Threei} me out
[10:08] {magoo} out .43 THANX
[10:08] {Threei} welcome
[10:08] {Onix} ty Vad, UAUA good
[10:08] {Threei} :)
[10:10] {Threei} we have oil inventories at 11 today
[10:10] {Threei} unusual day and time
[10:10] {Threei} almost forgot about it
[10:14] {dino} gtls stop to .94 expect slip
[10:17] {dino} to .05
[10:17] {dino} out afam -.45
[10:18] {Threei} Short Setup: LEH 16.19 trigger if stays under .30
[10:19] {Threei} in aggressively
[10:19] {Threei} stop .36
[10:19] {dino} gtls to .10
[10:21] {Onix} in ss LEH .28
[10:21] {dino} out gtls .12, +.62
[10:23] {esemde} swing long NVDA 11.57 full lot
[10:23] {magoo} vad, leh holding in a naz pullbk
[10:24] {Threei} so it will be stopped at .36
[10:24] {magoo} boy are you sensitive {again}
[10:24] {Threei} just not sure what you want me to do in the middle of the trade
[10:25] {magoo} just giving insight i too .31
[10:25] {magoo} sah
[10:25] {dino} stop fighting girls
[10:25] {magoo} that DOES IT
06[10:25] * magoo slaps dino around a bit with a large trout
[10:25] {Threei} lol
06[10:25] * magoo slaps Threei around a bit with a large trout
[10:26] {Threei} that's what aggressive entires are for, aren't they? less certainty in outcome, tighter stops
[10:27] {magoo} hey, i took it
[10:27] {magoo} just adding info as i see it
[10:28] {magoo} but mind u ..if it works..i not thanking u for all the smack i taking here
[10:28] {Threei} NIGERIAN OIL MIN: OPEN ON IDEAS FOR OPEC POLICY DECISION
[10:28] {dino} pcln green
[10:29] {Threei} hmmm... so far I see you being the only one smacking people left and right, lol
[10:30] {Threei} covering half LEH
[10:30] {Threei} scalpers take profit
[10:30] {magoo} my job in room
[10:31] {dino} lod's
[10:32] {Onix} LEH good ty Vad
[10:32] {dino} getting close to target
[10:32] {Threei} welcome sir
[10:33] {dino} cme fast drop
[10:33] {Threei} what's happening?
[10:33] {magoo} vad, look at qqq chart
[10:33] {Threei} LEH is 1: 3
[10:34] {Threei} I am out 16.06
[10:34] {dino} will 11330 hold
[10:34] {Threei} what about it magoo?
[10:34] {Threei} fell of a cliff
[10:34] {magoo} ok ok ...out .07 THANK U {sdaid i wouldn't..but had too say it}
[10:35] {Threei} lol
[10:35] {magoo} volume on the sell vad
[10:35] {Threei} how manly of you
[10:35] {Threei} yeah... friking AKAM
[10:35] {magoo} q volume sell side
[10:35] {Threei} too bad shook us out of balance earlier
[10:37] {Threei} *EIA NATURAL GAS INVENTORIES: +90 BCF V +90 TO +95 BCF RANGE OF ESTIMATES
[10:38] {dino} ok down 4% since tues highs
[10:38] {dino} buy the dips
[10:40] {dino} gtls sm l .45
[10:41] {dino} too soon
[10:42] {dino} eyes on ges again
[10:43] {magoo} i just gave LEH your phone number vad..expect a call
[10:45] {dino} ges sm l .10
[10:46] {magoo} l rimm here small
[10:46] {Threei} not picking up the phone
[10:46] {magoo} risky
[10:46] {dino} oh mannnnnnnnnnnn swiper, stop whining
[10:46] {magoo} got .30
[10:47] {dino} risky sm wide afam l .01
[10:47] {dino} never thought i'd get that fill
[10:48] {Threei} oil numbers soon
[10:48] {magoo} stopped rimm
[10:52] {dino} whers' my rally
[10:52] {Threei} UAUA forms ascending triangle on 1 min
[10:53] {Threei} if oil numbers are good and USO drops, has a chance to jump
[10:53] {magoo} here it comes dinop
[10:55] {dino} oh ohh, then market will crash i guesss w/good oil numbers
[10:55] {dino} oil cruished this week, markets crushed
[10:55] {dino} no reasoning
[10:56] {Threei} yeah, change of paradigm
[10:59] {Threei} wow
[10:59] {magoo} magoo looking up word in pistionary
[11:00] {Threei} DOE CRUDE: -1.9M V UNCHANGED EST.;
[11:00] {Threei} GASOLINE: -1M V -1.5ME; DISTILLATES: +413K V +800KE; UTILIZATION: 88.7% V 87.5%E
[11:00] {Threei} *API Inventory:
[11:00] {Threei} - Crude Inventories: +4.2M
[11:00] {Threei} - Gasoline: +935K
[11:00] {Threei} - Distillate:-157K
[11:00] {dino} what they hell is a pistionary
[11:02] {Threei} sitting out this jerkiness, letting market sort it out
[11:03] {Threei} morning was fgood, no need to spoil it gambling right now
[11:03] {Threei} fgood is good with fat fingers, not what you thought
[11:12] {dino} v sm wynn l .08
[11:14] {dino} afam stop to .15
[11:14] {dino} out .12 slip, +1.11
[11:15] {Threei} looks like back to business as usual for oil
[11:15] {Threei} wow dino
[11:16] {dino} lucky
[11:16] {Threei} watch for another sharp red bar USO
[11:16] {Threei} try to grab UAUA for scalp
[11:16] {Threei} ugh, happened as I typed
[11:17] {dino} aug lows dji
[11:17] {dino} dino wondering how the talking heads feel about tuesday morning worst is over crap
[11:18] {Threei} they long forgot about it
[11:18] {Threei} their attention span is less of that of daytraders
[11:19] {Threei} anyone got UAUA?
[11:19] {dino} ocln positive, strange
[11:20] {Threei} mama mia oil
[11:20] {dino} rally time imo
[11:20] {dino} pcln i mean
[11:20] {Threei} straight down
[11:21] {dino} bucy chart ouch 72 to 51 in 4 days
[11:22] {dino} rally not happening
[11:22] {dino} ok patience -300 coming
[11:22] {Roman} time to flip some houses
[11:23] {dino} :)
[11:32] {Threei} TSX is getting third day of cruel beating
[11:32] {Threei} down over 300
[11:33] {esemde} see ya tomorrow all.....still swing long NVDA
[11:33] {Threei} take care ese
[11:37] {dino} afam drop
[11:39] {patience} ok, just did a 10k run, did i miss anything?
[11:39] {Threei} lol... a lot actually
[11:39] {Threei} have a look at USO chart
[11:39] {Threei} it did its 10K as well :)
[11:40] {pita} cu all tomorrow
[11:40] {magoo} pita:)
[11:40] {Threei} take care pita
[11:42] {magoo} l aapl here .70 sm
[11:43] {magoo} stop .09
[11:43] {magoo} 300 shares..so stop 180 bux
[11:43] {magoo} lay out .31
[11:44] {dino} ilmn v sm l .23
[11:44] {magoo} hell take .25
[11:45] {magoo} Out .55
[11:47] {magoo} tough crowd
[11:47] {magoo} easy button trade
[11:47] {patience} magoo...your my hero!
[11:47] {dino} lol
[11:47] {magoo} one minute trade with straight up
[11:48] {Threei} OK, I gought hard but can't resist
[11:48] {Threei} wtg magoo
[11:48] {Threei} gought = fought
[11:48] {Threei} oil low volume bounce
[11:49] {Threei} watch if it gives that red bar from here
[11:49] {Threei} UAUA is at good point for bounce
[11:50] {dino} out ges .44 +.36
[11:50] {_csepulve33} good morning
[11:50] {Threei} hi csepulve
[11:51] {dino} gm 33
[11:52] {magoo} vad, u stiull got that rally monkey?
[11:52] {Threei} no... gotta search for it
[11:52] {magoo} we need it
[11:53] {magoo} rrrrrrrrraaaaaaaaaallllllllllllllllyyyyyyyyyyyyyyyy
[11:56] {_andresy} Goog morning
[11:56] {Threei} hi andresy, welcome
[11:56] {_andresy} Hi csepulve
[11:57] {_andresy} Hi Threei
[11:57] {Threei} oil upward move put a dampening cloth on rally for now magoo
[11:57] {_andresy} So, how are you doing far?
[11:58] {Threei} rather well, thank you
[11:58] {_andresy} Good
[12:00] {Threei} USO feels to break 87 now, which should take UAUA under 12.20, with closer to 12 being bounce level
[12:01] {dino} welcome to the jungle andresy
[12:01] {dino} good day
[12:02] {_andresy} Thank you
[12:02] {_andresy} dino
[12:02] {_andresy} Bearish day, but i was expecting oil to go high
[12:05] {dino} don't expect
[12:06] {magoo} well vad..find monkey now while your sleeping..we gonna need him
[12:08] {dino} spnc
[12:08] {Chaeron} morning all
06[12:08] * magoo slaps Chaeron around a bit with a large trout
[12:08] {Threei} chaeron :)
[12:09] {Chaeron} thanks magoo... me you get in 2 seconds, Dave it takes you an hour
[12:10] {magoo} well...u a priority
[12:11] {dino} spnc bv sm l .20 risky
[12:11] {Chaeron} awwww... I feel special
[12:13] {Threei} Short Setup: UAUA .19 if stays below .25
[12:13] {Threei} just a scalp
[12:30] {Threei} invalidated
[12:36] {dino} spnc stop is .98 wicked
[12:40] {Threei} RIMM
[12:40] {Threei} watching for short
[12:40] {Threei} into bounce - around .15 - .25,
[12:40] {Threei} for breakdown - under .90
[12:44] {Threei} last bounce topped out just under 110.10
[12:44] {Threei} so sop would be above that
[12:44] {Threei} sop is a stop
[12:45] {Threei} look to cover around .50 - .60
[12:46] {Threei} over 1:1
[12:46] {Threei} feel free to take profit as you see fit
[12:47] {Threei} hit target perfectly
06[12:47] * Threei slaps magoo around a bit with a large trout
[12:47] {peterg} very nice call
[12:47] {Threei} ty
[12:48] {dino} lod going to hold? hmmm
[12:48] {Threei} feels like no
[12:49] {dino} feeling the same
[12:50] {dino} ilmn stop to .48
[12:51] {dino} make it .59
[12:51] {dino} spnc stopped -.22
[12:52] {dino} toughy
[12:53] {dino} maybe worth a try around lows
[12:54] {dino} out ilmn .68, +.45 reverse slip, wierd
[12:56] {peterg} weird
[12:57] {peterg} sorry cant help it
[12:58] {dino} lol
[12:58] {dino} was thinking i before e except after c
06[12:59] * Threei slaps laserdave1 around a bit with a large trout
[12:59] {peterg} and sometimes w
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {laserdave1} this market is relentless
[13:00] {laserdave1} wow
[13:00] {Threei} sure is... no snapback after such selloff for days
[13:00] {patience} tsx down -296
[13:00] {Threei} but it's coming
[13:00] {laserdave1} today?
[13:00] {patience} y
[13:01] {Threei} my feel is at this moment:
[13:01] {Threei} one more test of low, then upward thrust
[13:02] {Threei} if/when it comes, RIMM should be good for couple points
[13:03] {magoo} i cant remember when RIMM was down over 5 pts 3 days straight
[13:04] {Threei} if you are willing for a few attempts:
[13:04] {Threei} one would be RIMM long here with stop under .50
[13:04] {Threei} another, long on 110 break if holding aabove .70
[13:04] {magoo} how about AAPL vad?
[13:05] {Threei} not sure
[13:05] {Threei} less readable to me
[13:05] {dino} spnc halted
[13:06] {Threei} earlier on it:
[13:06] {Threei} WEAKNESS ATTRIBUTED TO VAGUE RUMOR OF REGULATORS RAIDING OFFICES OF THE COMPANY
[13:06] {Threei} - also chatter that the company has cancelled a conference call with Barrington today.
[13:06] {Threei} - reminder: the stock was cut to Sell by Goldman Sach early this morning
[13:07] {Threei} here comes test of the low
[13:07] {Threei} RIMM not making new low so far
[13:07] {Threei} AAPL does
[13:07] {Threei} RIMM remains my choice for a bounce play
[13:08] {Threei} in RIMM
[13:08] {Threei} got .65
[13:08] {Threei} stop under .40
[13:08] {Threei} reminder, be ready for a few tries
[13:08] {laserdave1} hopefully market double bottoms
[13:09] {Threei} AAPL new lows again
[13:10] {Threei} NQ jump over 1800 should start meaningful bounce now
[13:11] {Threei} come on market, grow a set, will ya
[13:12] {patience} nice vad, i'm betting we drop below 11k on the dow in next few days
[13:12] {laserdave1} long rimm and aapl
[13:12] {Threei} very possible patience
06[13:13] * Chaeron slaps laserdave1 around a bit with a large trout
[13:13] {Threei} selling is so sustainable, I woj't be surprized to see more of it
[13:14] {Threei} AAPL puts a lid on a bounce
[13:14] {laserdave1} stopped aapl
[13:14] {Threei} told ya it was no good
[13:14] {Threei} weakest link
[13:14] {laserdave1} i am just palying market bounce
[13:15] {laserdave1} but was rong
[13:15] {laserdave1} they jigged it lower
[13:15] {Threei} now with AAPL
[13:15] {Threei} RIMM is better choice
[13:15] {Threei} now = not
[13:15] {Threei} now worky
[13:15] {Threei} lol... now = no
[13:16] {Threei} and see who led new leg down
[13:16] {Threei} AAPL did
[13:19] {laserdave1} ok im long \both again
[13:19] {laserdave1} tight stops
[13:19] {Threei} magoo
[13:20] {Threei} http://www.rallymonkey.com/oldvideo.php
[13:21] {Threei} selloff is not done yet IMO
[13:21] {Threei} bounce attempts are unconvincing
[13:21] {Threei} not rushing in for another attempt
[13:22] {patience} tsx down -351, going lower imo
[13:28] {dino} ok give us the whoosh down
[13:28] {dino} -300 patience
[13:29] {patience} -375
[13:29] {patience} nasty nasty nasty
[13:29] {Threei} FED'S FISHER: SEES ANEMIC US GROWTH OVER THE NEXT SEVERAL QUARTERS, DECLINES IN COMMODITY PRICES MAY NOT LAST - USA TODAY INTERVIEW
[13:34] {Threei} back in RIMM
[13:34] {Threei} got .85
[13:34] {Threei} sorry, late post
[13:34] {magoo} lol .76
[13:34] {Threei} too fast
[13:34] {Chaeron} arrg
[13:34] {Chaeron} nice job you two
[13:35] {Threei} half out .35
[13:35] {Threei} +.50 if my math is right
[13:36] {Threei} .79 stop
[13:36] {Threei} stop to .95, no lose territory
[13:37] {Threei} offering .95
[13:37] {magoo} out .60
[13:37] {magoo} ty
[13:38] {Threei} 109.95 that is... while stop is at 108.95
[13:38] {Threei} to make sure my handles are right :)
[13:38] {Threei} good one mags
[13:38] {Threei} didn't take long too
[13:39] {Threei} why did I forget to return to UAUA short when it reinstated itself?
[13:39] {laserdave1} i think bounce again now
[13:39] {laserdave1} lol
[13:39] {laserdave1} can the market really be this sick
[13:39] {Threei} worked perfectly of .20 breakdown
[13:39] {Threei} sigh... attention span of a moth
[13:40] {Threei} dave... "market can stay irrational longer than you can stay solvent" :)
[13:40] {Threei} that's why they inveneted stops
[13:40] {laserdave1} bear markets can last years
[13:40] {Chaeron} and poor houses
[13:40] {laserdave1} it was like an exprssion
[13:40] {laserdave1} like how relentless
[13:41] {laserdave1} dow can easily test 10k
[13:41] {Threei} so what
[13:41] {Threei} we have big red day roday, yet go over calls
[13:41] {Threei} nicely in profit
[13:42] {laserdave1} you are misunderstanding me
[13:42] {Threei} nah
[13:42] {laserdave1} some of my biggest days are when markets go down
[13:42] {Threei} I am just looking for an excuse to slap you
[13:42] {laserdave1} u dotn need an excuse
[13:42] {laserdave1} uknow that
[13:42] {Threei} on second thought... really
06[13:42] * Chaeron slaps laserdave1 around a bit with a large trout
[13:42] {Threei} why do I need an excuse
[13:42] {Chaeron} see?
06[13:42] * Threei slaps laserdave1 around a bit with a large trout
[13:43] {Threei} you are right chaeron
[13:43] {dino} most of my biggest are days like this
[13:43] {Threei} raise your hands who is in the money today
[13:44] {dino} :)
[13:44] {Threei} smile will do to
06[13:44] * Threei slaps dptl around a bit with a large trout
[13:44] {Threei} I know you are
[13:45] {Threei} what, that's it? who am I calling them for
06[13:45] * Threei is ready to remove himself to monastery
[13:45] {patience} i'm waiting vad....getting ready to go shopping :)
[13:46] {Threei} after 3 days of window shopping? :)
[13:46] {dino} oil moving up
[13:46] {patience} i'm just waiting for some ag stocks to hit technical lows
[13:46] {dino} 4.7% pretty good 3 day discount
[14:02] {Threei} getting tempted by RIMM again
[14:04] {Threei} missed I guess
[14:04] {Chaeron} was just going to ask
[14:04] {Threei} hesitated too long
[14:05] {Threei} 109.05 trigger if holding .90
[14:07] {Chaeron} invalidated?
[14:07] {Chaeron} it's froggy
[14:07] {Threei} hard to tell
[14:07] {Threei} a bit too jumpy
[14:08] {Threei} ok, in
[14:09] {Threei} stop under .70
[14:12] {Threei} FED'S FISHER: UNFUNDED LONG TERM LIABILITIES POSE THE LARGEST THREAT TO THE US ECONOMY
[14:12] {dino} -5% dji 3 days, getting excessive imo
[14:13] {Threei} and yet
[14:13] {Threei} new wave of selling coming it seems
[14:13] {Threei} out RIMM with chicken feed
[14:13] {dino} 11131 next support
[14:13] {Threei} want to wait it out
[14:13] {Threei} plus 4 cents
[14:13] {Threei} lol
[14:13] {Threei} I better don't spend it all it once
[14:14] {Threei} holding rather well
[14:16] {Threei} RIMM
[14:16] {Threei} HEARING AMTECH CUTTING ESTS AND PRICE TARGET TO $190 FROM $205 (TIMING UNCERTAIN)
[14:16] {magoo} where the hek is your ppt
[14:16] {magoo} price protection
[14:17] {Threei} 190?
[14:17] {Threei} lol
[14:18] {Threei} PIMCO'S GROSS: MARKETS NEED $400-500B OF NEW CAPITAL TO STEM FLOW OF ASSET DELEVERAGING - CNBC COMMENTS
[14:18] {Threei} - Treasury is hindered by upcoming election
[14:18] {Threei} - at this point unwilling to buy into new capital raising rounds by financial institutions
[14:19] {patience} tsx down 1000 points in 3 days, nbow down -410 oh my my
[14:20] {Threei} why did we ever cover that LEH short?
[14:20] {peterg} what is asset deleveraging? loans called?
[14:21] {Threei} freeing bank balancer sheets from mortgage exposure, as I read it
[14:21] {Threei} by whatever means it could be done
[14:23] {dino} dji -601; 11790-11189
[14:23] {Threei} but you better verify with someone better versed in bank-speak
[14:23] {dino} putting on some sm swings
[14:24] {Threei} to me, all statements by those people come to "we want to sell you something" and "oh no, don't try to do it yourself"
[14:25] {dino} ges sm l .90
[14:25] {Threei} the day I find financial advisoer working in a local bank branch who made a single dime by trading his own money will be the day I mark in my calendar and celebrate every uear from than moment on
[14:31] {dino} fed's yellen is yelling on cnbc
[14:32] {dino} commodity drops helping fed: read no increase, perhap[s room to cut if they must
[14:32] {Threei} FED'S YELLEN: SLUGGISH GROWTH SEEN IN 2H08,, INFLATION RISKS HAVE FALLEN, BUT STILL AT FOREFRONT, PRICING PRESSURES HAVE NOT DISAPPEARED,SEES INFLATION SLOWING IN 2009, INFLAT
[14:32] {Threei} - Notes does not see a wage price spiral,
[14:33] {dino} hard to spiral w/cuts
[14:33] {dino} in jobs
[14:33] {Threei} you are good at decoding fed-speak dino
[14:33] {Threei} FED'S FISHER: FNM AND FRE ARE FOR THE TREASURY TO HANDLE - Q&A
[14:33] {dino} lol
[14:34] {Threei} Treasury: what?? why us??
[14:35] {Threei} - Notes does not see a wage price spiral, expects inflation to fall to just above 2% in 2009
[14:35] {Threei} - Pricing pressures have no disappeared, but tight credit conditions are making rate policy more difficult, US enduring a 'severe' credit crunch
[14:35] {Threei} - Sees housing prices falling further, overseas economices are suffering from slow US economy
[14:36] {Threei} what's their salary?
[14:36] {Threei} I can make all these statements for 10% of what they get
[14:37] {Threei} save their shareholders a lot of money
[14:39] {_csepulve33} any salmon on the market?
[14:40] {Threei} OMCL is
[14:40] {Threei} GEOY
[14:40] {dino} mdvn, apol, skf
[14:40] {dptl} have a good rest of the day all.......see ya tomorrow:)
[14:41] {dino} tlt
[14:41] {Threei} TASR
[14:41] {dino} clne
[14:41] {Threei} take care dp
[14:41] {dino} ges
[14:41] {dino} cya dp
[14:44] {cosmo} CLNE up
[14:45] {cosmo} 19
[14:46] {cosmo} testing
[14:47] {cosmo} passes
[14:48] {dino} gj
[14:49] {cosmo} maybe...
[14:50] {dino} pcln
[14:58] {dino} up we go
[15:00] {_csepulve33} any oportunity?
[15:00] {dino} indeed
[15:00] {dino} rimm, ges, pcln,
[15:01] {dino} ilmn
[15:01] {dino} ones from earlier trades imo
[15:05] {magoo} VVVVVVVVVVAAAAAAAAAAAADDDDDDDDDDDDDDDD
[15:05] {magoo} read rimm please
[15:05] {_csepulve33} up
[15:05] {Threei} R
[15:05] {Threei} I
[15:05] {Threei} two Ms
[15:05] {Threei} get it on pullback
[15:05] {_csepulve33} double bottom?
[15:06] {Threei} .30 is nearest support fo it
[15:10] {Threei} first strength from here
[15:11] {Threei} stop under .30
[15:11] {magoo} in .49
[15:13] {Threei} OMCL up 25 cents since mention
[15:14] {Threei} salmons are salmons
[15:15] {_csepulve33} INTC support break
[15:16] {Threei} RIMM over 1:2 with .50 or so entry
[15:16] {Threei} over 1:1 sorry
[15:18] {magoo} was wait .89
[15:18] {magoo} missed
[15:22] {Threei} wow... more panic
[15:24] {dino} ?
[15:28] {Threei} back in RIMM for bounce scalp
[15:28] {Threei} stop under .70
[15:29] {Threei} no worky
[15:29] {Threei} been a serious while since selling was that relentless
[15:30] {Threei} usually even on big red days we were getting nice bounce closer to end of day
[15:30] {Threei} look at that
[15:31] {laserdave1} RIMM violence
[15:32] {magoo} ive never seen RIMM so bad for 3 days straight
[15:33] {Threei} actually, 5 red days in a row on it
[15:33] {dino} pcln stop to .64
[15:33] {Threei} accelerating
[15:33] {dino} out +.62
[15:34] {dino} in june vad, look at rimm chart
[15:34] {laserdave1} qqqq big bar up
[15:34] {laserdave1} they have stuffed every rally atttmept
[15:34] {laserdave1} so we will see
[15:36] {dino} darn, missed my entry ilmn, now up .80
[15:36] {dino} xto, chk green...natural gas
[15:40] {dino} out ges .55 -.35
[15:42] {Threei} gosh... I didn't prepare that much popcorn for today
[15:49] {dino} ok gotta hop, baseball
[15:49] {dino} thx all
[15:49] {Threei} take care dino
[15:49] {peterg} later big buy
[15:49] {peterg} guy
[15:49] {Threei} mags... and we thought we would get a snapback day today, eh? :)
[15:49] {_andresy} Bye dino, thank you
[15:50] {Threei} -320 DJI instead
[15:50] {Threei} -50 NQ
[15:50] {peterg} snap tomorrow
[15:51] {peterg} maybe
[15:51] {peterg} since we are philosophical probabalists
[15:51] {_csepulve33} good bye take care
[15:51] {peterg} probababalistic philosophers. by 33
[15:52] {Threei} ese's NVDA held not too bad actually
[15:52] {peterg} by swing did he mean overnite
[15:53] {Threei} possibly longer
[15:56] {Threei} finishing at the low
[15:58] {Threei} wow... can't stop watching :)
[15:59] {peterg} sense of carnage?
[15:59] {Threei} close to it
[15:59] {peterg} yep
[15:59] {patience} sense of puking yet?
[15:59] {peterg} feel good so far
[15:59] {peterg} in cash for months now
[15:59] {patience} laughing, not you, the market
[16:00] {Threei} that's a good feeling
[16:00] {Threei} imagine being fully invested
[16:00] {patience} just started some buying
[16:00] {Threei} now if you think that's bad - imagine being fully margined
[16:00] {patience} laughing, oh well, i can hold em
[16:01] {Threei} ok guys, thank you all
[16:01] {Threei} have a good evening
[16:01] {Threei} tomorrow will be very interesting
[16:01] {peterg} thks, gnight, till tmo
[16:01] {peterg} yes
Wednesday, September 3, 2008
Sep 03 2008
Session Time: Wed Sep 03 00:00:00 2008
[08:50] {Threei} Good morning
[08:50] {Threei} watching ABK
[08:51] {Threei} 09/02/08 04:41pm [ABK] Receives regulatory approval for Connie Lee capital contribution - formal release
[08:51] {Threei} 09/02/08 04:56pm [ABK] Releases selected monthly data for July 2008; July normal premiums earned $53.1M v $53.1M quarter to date
[08:52] {Threei} 8 is daily resistance
[08:52] {Threei} broken slightly earlier
[08:58] {tomg} good morning
[08:59] {fernp} Good morning all
[09:00] {Threei} tom, fern :)
[09:02] {cosmo} SIGA
[09:02] {Threei} [SIGA] SIGA Technologies, Inc Wins $55M US govt to Develop Broader Applications for its contract Lead Drug Candidate ST-246
[09:02] {Threei} hmmm
[09:03] {Threei} isn't it same 55 mil announced last week?
[09:03] {cosmo} i like st-357 ...personally
[09:04] {Threei} it's shortable
[09:04] {Threei} worth watching for a sell-the-news
[09:05] {cosmo} Briefing.com(Wed 8:01am)
[09:05] {Threei} 08/29/08 02:54pm [SIGA] SIGA Technologies, Inc Update: Reportedly awarded $55M contract from the NIH
[09:06] {cosmo} hmm
[09:06] {esemde} good morning....
[09:06] {Threei} ese :)
[09:10] {dptl} good morning all
[09:10] {Onix} good morning everybody
[09:11] {Threei} dp, onix :)
[09:15] {magoo} ygfhjh
[09:16] {Threei} kolting, mgortkle
[09:16] {cosmo} "
[09:16] {dino} gm all
[09:17] {dino} mdvn
[09:17] {Threei} dino :)
[09:19] {tomg} uaua vad?
[09:20] {Threei} mirrors USO still
[09:20] {Threei} not sure for now
[09:20] {Threei} I feel safer playing UAUA off sharp USO moves
[09:20] {tomg} ty
[09:20] {Threei} when UAUA gives that little delay for entry
[09:21] {Threei} those plays are almost infallible
[09:21] {dino} joyg beats and drops hard again
[09:21] {dino} frx strange, studies ok
[09:22] {pita} gm everyone
[09:22] {Threei} pita :)
[09:22] {Threei} yesterday'
[09:22] {Threei} s high is 4.13 for SIGA
[09:23] {Threei} want to see wtehter this development brings sustainable buying, or it's a one day wonder
[09:24] {cosmo} needs to hold 3.90 imo
[09:25] {cosmo} should hold 4 imho
[09:30] {Threei} wow
[09:30] {Threei} what was that on UAUA
[09:31] {magoo} getting nasty
[09:36] {Threei} COIN
[09:36] {Threei} pullback closer to 6 is for long entry
[09:38] {Threei} stock is volatile, buying .25 break is very risky
[09:38] {dino} 11330 target dji
[09:39] {Threei} if USO spikes sharply through 87.60, UAUA short under .70
[09:39] {Threei} with stop above .80
[09:40] {Threei} in .68
[09:40] {magoo} in .676
[09:41] {Threei} I guess we missed COIN
[09:41] {magoo} in .38
[09:41] {Threei} wow
[09:41] {Threei} that's a lot of chasing
[09:41] {Threei} if you wanted a break .30 was available
[09:41] {magoo} saw it beraking out
[09:42] {magoo} out .65
[09:42] {magoo} TY
[09:42] {Threei} welcome... gutsy :)
[09:43] {magoo} weird..magoo tajking a gutsy play
[09:43] {Threei} really
[09:44] {dino} v sm v wide, mdvn l .00
[09:45] {peterg} gm all
[09:45] {Threei} peter :)
[09:47] {Threei} finally UAUA
[09:47] {Threei} 1:1
[09:48] {Threei} ugh, we forgot to short SIGA
[09:51] {Threei} Short Setup: SIGA .70 half lot
[09:51] {GeoArb} gm
[09:51] {Threei} stop above .80
[09:51] {magoo} vad..look coin
[09:51] {Threei} Geo :)
[09:51] {magoo} just phoned me
[09:51] {Threei} I know
[09:51] {Threei} I gave it your phone number
[09:52] {magoo} ahhhhhh
[09:53] {Threei} Long Setup: JASO 17 break if stays above .90
[09:53] {Threei} wow
[09:53] {Threei} had bid to cover 3.56 on SIGA
[09:54] {Threei} got hit for 433 shares
[09:54] {Threei} 67 left
[09:55] {Threei} FED DOES NOT CONDUCT OPEN MARKET OPERATIONS AT THE USUAL TIME OF 9:30AM
[09:55] {Threei} why?
[09:55] {Threei} no need or no mopney?
[09:55] {patience} they took the day off?
[09:56] {magoo} in jaso
[09:56] {magoo} .99
[09:58] {magoo} sheesh, thats it'
[09:58] {Threei} hit 1:1, then market retreated a bit
[09:59] {Threei} recovers now
[09:59] {Threei} stop is still under .90
[09:59] {magoo} not complaining..just man o man..a scalpers mkt
[10:00] {GeoArb} *JULY FACTORY ORDERS: 1.3% V 1.0%E- prior revised from 1.7% to 2.1%
[10:00] {Threei} JULY FACTORY ORDERS: 1.3% V 1.0%E
[10:00] {Threei} - prior revised from 1.7% to 2.1%
[10:01] {Threei} let's scratch SIGA if hits .75
[10:01] {Threei} OK mags, second chance is coming
[10:02] {magoo} .31 area}?
[10:02] {Threei} why don't you partial
[10:02] {magoo} or 1:!?
[10:02] {Threei} and let it decide
[10:02] {Threei} half out, stop to .94
[10:02] {magoo} ok. ..out .12 half
[10:03] {esemde} NVDA possibly hit botom here....
[10:05] {Threei} VPHM
[10:05] {Threei} Long Setup: VPHM 15 break
[10:05] {Threei} 14.84 stop
[10:05] {dino} mdvn stop to .09
[10:07] {Threei} JASO doesn't retreat much with market this time
[10:07] {Threei} encouraging sign
[10:07] {esemde} vad ...do you bstop that at 15 or 15.01
[10:08] {Threei} 15.01, but will hit it if 15 scrolls fast
[10:08] {esemde} VPhm that is
[10:08] {Threei} I do it manually
[10:08] {esemde} tks
[10:08] {Threei} limit about 15.03
[10:09] {dino} out mdvn .09, +1.09
[10:09] {Threei} clicking when/if 15 melts down as if all global warming concetrated in this single stock
[10:10] {esemde} hmmmmm interesting analygy
[10:11] {esemde} write that book....global warming and stock trading
[10:11] {peterg} wtg dino
[10:11] {Threei} no worky second half JASO
[10:11] {magoo} stopped remainder JASO .89
[10:11] {Threei} beauty dino
[10:15] {Threei} OK, let's see if this market bounce takes VPHM through the resistance
[10:15] {magoo} vphm held well in that selloff
[10:15] {Threei} acts like salmon so far
[10:15] {Threei} yup
[10:15] {tomg} abk
[10:15] {Threei} and making 52 week highs while market is like this is impressive
[10:16] {magoo} wheres your exit?.13
[10:17] {Threei} am I going senile or what
[10:17] {Threei} commented on ABK
[10:17] {Threei} [08:52] {Threei} 8 is daily resistance
[10:17] {Threei} [08:52] {Threei} broken slightly earlier
[10:17] {Threei} and forgot to watch it for a break?
[10:17] {Threei} sigh
[10:22] {pita} what's with USO / UAUA ?
[10:22] {Threei} nothing happens there
[10:22] {Threei} both stalled
[10:23] {dino} thx peter
[10:23] {Onix} vphm?
[10:23] {Threei} ?
[10:24] {Threei} triggered
[10:24] {Threei} wow... now UAUA is moving sharply
[10:25] {Onix} in @ 15.01
[10:25] {Threei} didn't get advance lead from USO
[10:26] {Threei} PREVIEW: AUG US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
[10:26] {Threei} **consensus estimates:
[10:26] {Threei} - Ford: -21%e (usually released at Noon ET).
[10:26] {Threei} - GM: -29%e (usually released around 1:45pmET).
[10:32] {dino} watching pcln
[10:32] {Threei} VPHM stop to .89
[10:33] {Threei} I need my decoder ring for this
[10:34] {Threei} UBS'S WEIL: US MARKET IS NOT "A PLACE YOU CAN STAY AWAY FROM"
[10:34] {dino} or stay in
[10:34] {Threei} lol
[10:38] {dino} sm l mdvn .10
[10:43] {Threei} VPHM stop to .94
[10:43] {Threei} hit 1:1
[10:43] {Threei} time to trail the stop whether you partialled out or not
[10:49] {dino} pcln sm l .10
[10:55] {dino} v sm wide l rimm .00
[10:58] {Threei} CLNE got new portion of TV hype
[10:58] {Threei} trailing stop hit VPHM
[11:00] {Threei} sharp down USO
[11:01] {magoo} is the qqq correlated also to uso?
[11:01] {Threei} often
[11:01] {Threei} there are days when market is all about oil
[11:01] {Threei} then you see good correlation
[11:07] {magoo} sao let me bring it home...uso drops..qqqq pops...and aapl rocks
[11:07] {dino} not yesterday
[11:08] {Threei} unless it's a day when AAPL moves on its own, yes
[11:08] {Threei} yesterday market was just plain s3elling throughout the day
[11:09] {Threei} look at AAPL/RIMM divergency today
[11:09] {Threei} don't know what gives
[11:09] {dino} yeah w/oil/uso down multiple dollars
[11:10] {Threei} yup... even though oil went up on intraday, market weakness was not corresponding
[11:10] {Threei} as oil worries ease, market finds other things to worry about
[11:11] {Threei} and sheesh, are there such things
[11:22] {Threei} RIMM
[11:22] {Threei} watching for short
[11:22] {Threei} .50 trigger
[11:23] {Threei} look to cover under .30
[11:23] {Threei} stop above .70
[11:26] {Threei} no worky... 5 cents shy of target
[11:30] {Threei} ugh... shakeout
[11:31] {Chaeron} dang... that's just rude.... 'morning all
[11:31] {magoo} thats what i believe has been tough of late..seems there are more shakeouts than yrs before
[11:32] {Threei} hi chaeron
[11:34] {Threei} Nissan REPORTS AUG US VEHICLE SALES UP 14.2%
[11:35] {magoo} up???
[11:36] {Threei} can you believe it
[11:36] {Threei} awww RIMM
[11:36] {Threei} it IS rude
[11:38] {Threei} repeat of yesterday dino... oil is down, market goes down nonetheless
[11:38] {dino} y
[11:38] {magoo} yeah..pointer
[11:38] {Threei} TSX is getting killed again
[11:38] {dino} seems to me all we have is a wide trading range
[11:39] {Threei} well, if we repeat yesterday RIMM is going to be a two points bouncer later on
[11:39] {peterg} just say the word
[11:40] {Threei} waiting for now
[11:40] {peterg} right
[11:40] {Threei} rfemember how RIMM bottom formed yesterday?
[11:40] {Threei} wasn't a V type
[11:40] {magoo} double bottom
[11:40] {Threei} it stabilized for a while, then got upside momo
[11:40] {Threei} yes, formed double bottom
[11:41] {Threei} what's with URRE?
[11:42] {Threei} no news that I see
06[11:42] * Threei slaps laserdave1 around a bit with a large trout
06[11:42] * Chaeron slaps laserdave1 around a bit with a large trout
[11:42] {dino} problem is markets want to test the bottom of range 1800 ndx, 11330 dji
[11:42] {Threei} magoo??
[11:43] {dino} rimm was leader yesterday on the bounce
[11:43] {Threei} OK, one more pullback on RIMM{ bottoming not lower than .30,and break of .50
[11:43] {dino} afam hmmm
[11:43] {Threei} will be first attempt worth a try
[11:45] {Threei} just a scalp, not ready for a big bounce yet IMOout +.25
[11:46] {Threei} anyone got it?
[11:47] {magoo} vad, noyt even a minute between your calll, in out
[11:47] {magoo} no
[11:47] {peterg} in out for .12
[11:49] {magoo} just saying..if sleeping..tough to wake up..get bearings..look at pick..hit it..get out...and ty all in minute
[11:49] {Threei} lol
[11:49] {Threei} I assumed you had it on screen and watched it
[11:49] {magoo} yup
[11:49] {magoo} always
[11:50] {Threei} was sufficient time for entey then... wake up will ya
[11:50] {magoo} i think u shopuld play rimm aapl more...u read them well
[11:50] {Threei} well, it's not about read only
[11:50] {magoo} OY..here he goes
[11:50] {Threei} risk on those is beyond tolerance of many
[11:50] {Threei} don't want to focus strictly on this kind
[11:51] {Threei} I know you like bloody roast beef mags... but I cook for pasta fans too :)
[11:52] {Threei} anyone sees anything behind URRE move?
[11:52] {Threei} are we building nuclear reactors already all over NA?
[11:52] {Threei} sorry... nucular
[11:53] {magoo} uh vad...look to your right
[11:53] {magoo} u too chjaewr
[11:53] {magoo} chear
[11:54] {dino} ttwo
[11:54] {Chaeron} ?
[11:54] {magoo} sheesh
06[11:55] * magoo slaps laserdave1 around a bit with a large trout
[11:55] {Chaeron} [08:40] * Threei slaps laserdave1 around a bit with a large trout
[11:55] {Chaeron} [08:40] * Chaeron slaps laserdave1 around a bit with a large trout
[11:55] {Threei} jeez
[11:55] {Threei} he IS sleeping
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
[11:55] {Chaeron} not as bad as him getting me to look out my window......
[11:55] {laserdave1} o sorry was it magoo who slapped me?
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
[11:56] {Chaeron} great aim Dave...
[11:56] {laserdave1} ty
[11:56] {pita} later all
[11:56] {laserdave1} market crazy candle
[11:56] {Chaeron} bye pita
[11:56] {Threei} take care pita
[12:01] {Threei} F
[12:01] {Threei} REPORTS AUG VEHICLE SALES -26.6% V -21%E
[12:01] {Threei} - Cutting 2H North American production forecast
[12:02] {Threei} RIMM not making new low
[12:04] {Threei} OK... RIMM long with stop under .50
[12:04] {Threei} this time more than scalp
[12:05] {magoo} where u in? i .78
[12:05] {Threei} .76
[12:05] {Threei} immaterial difference
[12:06] {Threei} if holding above .50, should take 116 and try for 16.50
[12:06] {Threei} hope no shakeout this time
[12:06] {magoo} yeah
[12:06] {laserdave1} nice bid
[12:06] {magoo} thats roman
[12:07] {Threei} real too
[12:07] {Threei} takes sellers
[12:08] {Threei} come on, move
[12:08] {magoo} kickin it vad
[12:08] {Threei} hate it when it takes so long to jump while such bidder supports it
[12:10] {laserdave1} had to take it
[12:10] {laserdave1} thanks for trade Vadster
[12:10] {Threei} you sure you kicked right side magoo?
[12:10] {magoo} yeah
[12:10] {Threei} didn't work yet dave
[12:10] {Threei} market sharp downtick
[12:10] {Threei} grrr
[12:11] {magoo} ditto grr
[12:12] {peterg} again, stupidity prevails-bot, sold, ss, covered. little loss
[12:12] {Threei} hmm?
[12:12] {peterg} hit sell twice in exit
[12:12] {Threei} double clicking or what?
[12:12] {Threei} oh I see
[12:12] {peterg} yep
[12:13] {peterg} should wear gloves
[12:16] {dino} ttwo l sm .25
[12:18] {dino} afam sm l .50
[12:19] {dino} dji -3%+ since yesterday
[12:20] {Threei} next try is coming
[12:21] {Threei} break of .50 long
[12:21] {magoo} aapl too
[12:21] {Threei} stop under .30
[12:21] {Threei} don't play these stocks if not willing to take a few stops
[12:21] {Threei} idea is, small stops and hunting for a big bounce
[12:22] {magoo} small shares too vad{tell them}
[12:22] {Threei} lol... I believe it's a given on RIMM/AAPL
[12:23] {dino} smaller shares wider stops
[12:24] {Threei} OK... NQ has a feel of finding the bottom finally
[12:24] {Threei} let's see if this is the entry
[12:25] {Threei} also, AKAM .61 long if stays above .50
[12:26] {Threei} this one is just a scalp
[12:30] {magoo} rimm should go
[12:30] {laserdave1} 45$ big level on qqqq now
[12:31] {magoo} previous resistance?
[12:31] {laserdave1} well just whole numbers are always key
[12:32] {magoo} ah
[12:33] {laserdave1} ok Vad
[12:33] {laserdave1} im in akam
[12:33] {laserdave1} i like it
[12:33] {Threei} gosh, what are you, buying 50 shares of it? Buy 100K, provide us with exit
[12:33] {laserdave1} will hold .50 as stop
[12:34] {laserdave1} lol
[12:34] {laserdave1} sorry
[12:34] {laserdave1} i got 1000 at .61
[12:34] {laserdave1} and buying o more
[12:34] {magoo} he he..i just sold 1k at .61
[12:34] {Threei} lol
[12:34] {laserdave1} haha
[12:35] {peterg} kik it vad
[12:36] {magoo} trook aa[pl long .68
[12:36] {magoo} sm
[12:36] {Threei} need NQ to break 1830 to make these entries truly work
[12:37] {Threei} truly as in grant us something really meaningful, not just another scalp
[12:38] {magoo} wait aapl .31
[12:38] {laserdave1} qqqq .97 bid
[12:39] {Threei} OK NQ
[12:39] {Threei} don't stop now
[12:39] {Threei} bottom is in, just go
[12:40] {Threei} RIMM is not in a hurry to follow btw
[12:40] {Threei} not sure I am jazzed about it
[12:46] {laserdave1} akam shoud bounce here
[12:46] {laserdave1} i hope
[12:49] {Threei} RIMM gave up
[12:49] {magoo} out aapl flat
[12:52] {laserdave1} im long rimm
[12:52] {laserdave1} stop 115
[12:52] {Threei} something isn't right
[12:52] {laserdave1} ya tons of size there
[12:52] {laserdave1} so i will hit the 115
[12:53] {Threei} it wouldn't go with NQ, then dropped even though NQ merely downticked a little
[12:53] {laserdave1} not wait till its gone
[12:53] {Threei} made new low while market stays put
[12:53] {laserdave1} if it goes down i wont miss 115
[12:53] {laserdave1} only got n cuz so much size on that level
[12:53] {laserdave1} if anyone is in
[12:54] {laserdave1} be carefull cuz if that level goes can be nasty candle
[12:54] {laserdave1} sell order .44 in case of rip up
[12:55] {magoo} \dammit aapl
[13:02] {laserdave1} rimm stopped
[13:02] {laserdave1} watch out to downside if breaks .90
[13:05] {laserdave1} rimm u animal
[13:05] {laserdave1} just to stop me out
[13:06] {magoo} this mkt blowws
[13:07] {Threei} today I agree with you
[13:08] {laserdave1} qqqq back above 45$
[13:09] {laserdave1} lets see if we rally
[13:09] {laserdave1} im not calling that though
[13:09] {patience} tsx down -251...just about time to get back into agrium and potash
[13:09] {laserdave1} just watching
[13:13] {laserdave1} market getting stronger
[13:16] {Threei} can't really tell if we start recovery or it's just another bounce before further slide
[13:18] {Threei} ABK is trying to pick up pace again
[13:20] {Threei} setup would be 8.85 long if stays above .70
[13:20] {Threei} withh aggressive entry if market spikes
[13:22] {Threei} US PRES BUSH: OIL WILL BE RELEASED FROM STRATEGIC PETROLEUM RESERVE UPON REQUEST
[13:22] {Threei} {USO}
[13:22] {magoo} request of whom?
[13:23] {dino} me
[13:23] {magoo} i request it to be delivered to my home
[13:23] {Threei} all of it?
[13:24] {Threei} sheik magoo they called him
[13:24] {dino} classic politician, buy it/fill it higher, release it when oil is 1/3 lower. and just think they run the tax system
[13:24] {Threei} lol
[13:25] {Threei} oil spike
[13:25] {dino} seriously, if they had any brains, they would do the reverse and for once make some $ on it
[13:25] {Threei} new low RIMM
[13:26] {Threei} glad I didn't trust the bounce
[13:26] {dino} wow joyg, i'd hate to see what would happen if they lowered guidance
[13:26] {Threei} no kidding
[13:26] {Threei} what a haircut
[13:27] {Threei} IMF'S LIPSKY REPORTEDLY SEES A POSSIBILITY THAT GLOBAL GROWTH MAY MISS THE IMF FORECAST OF 4.1% FOR 2008
[13:27] {Threei} who is growing?
[13:27] {Threei} every country is complaining of recession
[13:33] {laserdave1} RIMM
[13:33] {laserdave1} what a rip
[13:33] {laserdave1} no rhyme or reason
[13:33] {Threei} no
[13:33] {Threei} wasteland of a day
[13:33] {GeoArb} what I am killing it here
[13:34] {Threei} good for you
[13:34] {GeoArb} (killing time )
[13:34] {Threei} ah
[13:34] {GeoArb} heheheh
[13:34] {Threei} first red day since vacation for me
[13:34] {GeoArb} one trade rimm +2
[13:34] {GeoArb} 2 USD I mean
[13:34] {peterg} nice
[13:34] {peterg} I am very advanced; I have no envy
[13:34] {GeoArb} not 2 usd per share
[13:34] {GeoArb} 2 USD period
[13:35] {dino} lol
[13:35] {peterg} got it
[13:36] {GeoArb} i just came back late last night from vegas
[13:37] {GeoArb} took my mom.... and now she wants to buy a house there and watch the bellagio fountain every evening.... (after loosing all her money in bingo_)
[13:38] {Threei} tape those fountains for her
[13:38] {GeoArb} prabably cheaper
[13:38] {Threei} add volcano explosion for good measure
[13:38] {GeoArb} came home n less than 4 hours .... roads are empty
[13:39] {GeoArb} vegas looked empty
[14:00] {Threei} FED'S BEIGE BOOK: US ECONOMIC ACTIVITY HAS BEEN SLOW, RESIDENTIAL PROPERTY IS SOFT
[14:00] {Threei} - Sees moderate price pressures at employment slows, all districts see price pressures
[14:00] {Threei} - Sees export slowdowns in some districts, concentration on purchases of staples
[14:01] {Threei} and market drops on that?
[14:03] {Threei} Ukraine goes right ahead for Georgia fate
[14:04] {Threei} Russian soldiers have already been busy handing out passports to Crimeans to bolster the numbers of Russian "citizens" who might conveniently require Moscow's protection should Russia genuinely fear for the future of its Sevastopol base.
[14:05] {Threei} what the heck is happening today
[14:05] {Threei} do you see these spikes up and down?
[14:06] {dino} it's called the "efficient" market,............not
[14:07] {dino} dji green
[14:07] {Threei} and of course each of those spikes is driven but change in fundamentals
[14:07] {Threei} they are known for changing dramatically in a course of minutes
[14:08] {Threei} but = by
[14:09] {dino} josb
[14:09] {Threei} GM SALES ANALYST: SEEING SIGNS THAT THE US ECONOMY REGAINING TRACTION WITH HOUSING MARKET NEAR A BOTTOM - CONF CALL
[14:14] {Threei} lol, these constant readjustments... summer trading was unusually good,
[14:14] {Threei} now that we are out of it, gotta re-train myself
[14:30] {Threei} ABK is likely ot head for day high
[14:30] {Threei} entry point is toughie
[14:35] {Threei} anyone managed to find an entry?
[14:36] {hawkfan4} .85
[14:36] {Threei} partialling?
[14:37] {Threei} scalping?
[14:37] {Threei} sleeping?
[14:37] {hawkfan4} 1/2 out .98
[14:37] {Threei} OK :)
[14:47] {hawkfan4} b/e stop for the rest, thx
[14:56] {magoo} VAAAAAAADDDDDDDDDDDDDDDDD
[14:57] {Threei} yyeeessss?
[14:57] {magoo} wheres the bounce play?
[14:57] {magoo} 3 pm bounce
[14:57] {Threei} don't know about bounce,
[14:58] {Threei} but intyerested in URRE
[14:58] {hawkfan4} 12:58 URRE Uranium Resources: Color on stock strength (3.26 +1.08)
[14:58] {hawkfan4} URRE is trading up over 40% following Bloomberg report that Uranium Resources is sitting on as much as $7 bln worth of the radioactive mineral and may become a takeover target after the shares plunged 83% this year, along with the fuel's price.
[14:58] {Threei} maybe for overnight hold
[14:58] {Threei} ty hawk
[14:58] {hawkfan4} np, forgot to post it earlier
[14:58] {Threei} this move feels like most likely getting continuation tomorrow
[14:58] {Threei} or at least gap
06[14:59] * magoo slaps Threei around a bit with a large trout
06[14:59] * Chaeron slaps Threei around a bit with a large trout
[14:59] {magoo} dave??
[14:59] {magoo} u up
[15:00] {Threei} hmm
[15:00] {magoo} oh no
[15:01] {magoo} RIMM bottomless
[15:01] {Threei} yup
[15:01] {Threei} told you something wasn't right about it
[15:07] {Threei} so far it doesn't look like 3 pm is going to bring bounce
[15:07] {Threei} breakdown is more like it
[15:17] {_csepulve33} hi everyone
[15:17] {Threei} good affternoon
[15:18] {Threei} watching as URRE trades, more and more convinced it has legs
[15:25] {magoo} u in??
[15:25] {Threei} still watching
[15:26] {Threei} see, it's very possibly an overnight hold
[15:26] {Threei} so don't want rto get in too early
[15:26] {Threei} but obviously running a risk to miss
[15:26] {Threei} maybe half lot
[15:26] {Threei} with idea to add another half in case it drops
[15:27] {Threei} OK, will get half lot at .35 it getting hit or on pullback under 3.20
[15:28] {Threei} VVUS interesting strength
[15:28] {Threei} no clear play
[15:31] {dino} mdvn stopped
[15:33] {Threei} CHRYSLER REPORTS AUG SALES -34% TO 110K UNITS
06[15:34] * magoo slaps patience around a bit with a large trout
[15:34] {patience} why?
[15:34] {magoo} warming up
[15:35] {Threei} great... VVUS up 20 cents from my comment, and I still haven't found a play on it
[15:36] {dino} fpic
[15:37] {magoo} big up day tomorrow coming
[15:37] {magoo} u heard it here firsdt...realitytrader.com/magoostradamous
06[15:38] * Threei buys everything
[15:39] {laserdave1} market is crazy
[15:40] {Threei} SYK
[15:40] {Threei} US GOVT. IS REPORTEDLY INVESTIGATING COMPANY OVER ALLEGED ILLEGAL PAYMENTS TO DOCTORS
[15:41] {magoo} u don't have to yell:()
[15:43] {dptl} have a good evening all
[15:43] {Threei} take care dp
[15:43] {magoo} bye dp
[15:46] {Threei} no news VVUS
[15:48] {Threei} taking my first half lot URRE
[15:49] {magoo} after bell exit or overnite?
[15:49] {Threei} if moves today, fine
[15:49] {Threei} if not, overnight
[15:49] {magoo} i no like overnite
[15:50] {Threei} neither do I
[15:50] {magoo} u seem to do it often {as i run for cover}
[15:50] {Threei} not very often
[15:50] {Threei} some cases deserve a shot
[15:50] {magoo} u gonna get a shot he he
[15:52] {dino} i could use a shot
[15:54] {Threei} T. BOONE PICKENS: OIL PRICE WILL GO ABOVE $150/BBL THIS YEAR
[15:54] {Threei} sigh
[15:55] {peterg} boonie sez that for a reason.
[15:55] {peterg} his new book out, his windmills--he still loves that oil
[15:56] {peterg} the first billion is the hardest
[15:56] {peterg} title
[15:56] {Threei} poor guy
[15:56] {peterg} yep
[15:58] {Threei} sheesh VVUS :(
06[15:58] * magoo slaps Threei around a bit with a large trout
06[15:58] * Threei slaps magoo around a bit with a large trout
[15:58] {Threei} OK guys, thank you all
[15:58] {magoo} why?
[15:58] {Threei} have a good evening, see you tomorrrow
[15:58] {magoo} u 2 boss
[15:58] {Threei} why what?
[15:59] {magoo} why slap?
[15:59] {Threei} oh
[15:59] {peterg} why not gnite
[15:59] {Threei} because I believe in reciprocation, and reciprocator's gotta do what reciprocator's gotta do
[15:59] {magoo} oh
[16:00] {dino} ttwo out -.06
[08:50] {Threei} Good morning
[08:50] {Threei} watching ABK
[08:51] {Threei} 09/02/08 04:41pm [ABK] Receives regulatory approval for Connie Lee capital contribution - formal release
[08:51] {Threei} 09/02/08 04:56pm [ABK] Releases selected monthly data for July 2008; July normal premiums earned $53.1M v $53.1M quarter to date
[08:52] {Threei} 8 is daily resistance
[08:52] {Threei} broken slightly earlier
[08:58] {tomg} good morning
[08:59] {fernp} Good morning all
[09:00] {Threei} tom, fern :)
[09:02] {cosmo} SIGA
[09:02] {Threei} [SIGA] SIGA Technologies, Inc Wins $55M US govt to Develop Broader Applications for its contract Lead Drug Candidate ST-246
[09:02] {Threei} hmmm
[09:03] {Threei} isn't it same 55 mil announced last week?
[09:03] {cosmo} i like st-357 ...personally
[09:04] {Threei} it's shortable
[09:04] {Threei} worth watching for a sell-the-news
[09:05] {cosmo} Briefing.com(Wed 8:01am)
[09:05] {Threei} 08/29/08 02:54pm [SIGA] SIGA Technologies, Inc Update: Reportedly awarded $55M contract from the NIH
[09:06] {cosmo} hmm
[09:06] {esemde} good morning....
[09:06] {Threei} ese :)
[09:10] {dptl} good morning all
[09:10] {Onix} good morning everybody
[09:11] {Threei} dp, onix :)
[09:15] {magoo} ygfhjh
[09:16] {Threei} kolting, mgortkle
[09:16] {cosmo} "
[09:16] {dino} gm all
[09:17] {dino} mdvn
[09:17] {Threei} dino :)
[09:19] {tomg} uaua vad?
[09:20] {Threei} mirrors USO still
[09:20] {Threei} not sure for now
[09:20] {Threei} I feel safer playing UAUA off sharp USO moves
[09:20] {tomg} ty
[09:20] {Threei} when UAUA gives that little delay for entry
[09:21] {Threei} those plays are almost infallible
[09:21] {dino} joyg beats and drops hard again
[09:21] {dino} frx strange, studies ok
[09:22] {pita} gm everyone
[09:22] {Threei} pita :)
[09:22] {Threei} yesterday'
[09:22] {Threei} s high is 4.13 for SIGA
[09:23] {Threei} want to see wtehter this development brings sustainable buying, or it's a one day wonder
[09:24] {cosmo} needs to hold 3.90 imo
[09:25] {cosmo} should hold 4 imho
[09:30] {Threei} wow
[09:30] {Threei} what was that on UAUA
[09:31] {magoo} getting nasty
[09:36] {Threei} COIN
[09:36] {Threei} pullback closer to 6 is for long entry
[09:38] {Threei} stock is volatile, buying .25 break is very risky
[09:38] {dino} 11330 target dji
[09:39] {Threei} if USO spikes sharply through 87.60, UAUA short under .70
[09:39] {Threei} with stop above .80
[09:40] {Threei} in .68
[09:40] {magoo} in .676
[09:41] {Threei} I guess we missed COIN
[09:41] {magoo} in .38
[09:41] {Threei} wow
[09:41] {Threei} that's a lot of chasing
[09:41] {Threei} if you wanted a break .30 was available
[09:41] {magoo} saw it beraking out
[09:42] {magoo} out .65
[09:42] {magoo} TY
[09:42] {Threei} welcome... gutsy :)
[09:43] {magoo} weird..magoo tajking a gutsy play
[09:43] {Threei} really
[09:44] {dino} v sm v wide, mdvn l .00
[09:45] {peterg} gm all
[09:45] {Threei} peter :)
[09:47] {Threei} finally UAUA
[09:47] {Threei} 1:1
[09:48] {Threei} ugh, we forgot to short SIGA
[09:51] {Threei} Short Setup: SIGA .70 half lot
[09:51] {GeoArb} gm
[09:51] {Threei} stop above .80
[09:51] {magoo} vad..look coin
[09:51] {Threei} Geo :)
[09:51] {magoo} just phoned me
[09:51] {Threei} I know
[09:51] {Threei} I gave it your phone number
[09:52] {magoo} ahhhhhh
[09:53] {Threei} Long Setup: JASO 17 break if stays above .90
[09:53] {Threei} wow
[09:53] {Threei} had bid to cover 3.56 on SIGA
[09:54] {Threei} got hit for 433 shares
[09:54] {Threei} 67 left
[09:55] {Threei} FED DOES NOT CONDUCT OPEN MARKET OPERATIONS AT THE USUAL TIME OF 9:30AM
[09:55] {Threei} why?
[09:55] {Threei} no need or no mopney?
[09:55] {patience} they took the day off?
[09:56] {magoo} in jaso
[09:56] {magoo} .99
[09:58] {magoo} sheesh, thats it'
[09:58] {Threei} hit 1:1, then market retreated a bit
[09:59] {Threei} recovers now
[09:59] {Threei} stop is still under .90
[09:59] {magoo} not complaining..just man o man..a scalpers mkt
[10:00] {GeoArb} *JULY FACTORY ORDERS: 1.3% V 1.0%E- prior revised from 1.7% to 2.1%
[10:00] {Threei} JULY FACTORY ORDERS: 1.3% V 1.0%E
[10:00] {Threei} - prior revised from 1.7% to 2.1%
[10:01] {Threei} let's scratch SIGA if hits .75
[10:01] {Threei} OK mags, second chance is coming
[10:02] {magoo} .31 area}?
[10:02] {Threei} why don't you partial
[10:02] {magoo} or 1:!?
[10:02] {Threei} and let it decide
[10:02] {Threei} half out, stop to .94
[10:02] {magoo} ok. ..out .12 half
[10:03] {esemde} NVDA possibly hit botom here....
[10:05] {Threei} VPHM
[10:05] {Threei} Long Setup: VPHM 15 break
[10:05] {Threei} 14.84 stop
[10:05] {dino} mdvn stop to .09
[10:07] {Threei} JASO doesn't retreat much with market this time
[10:07] {Threei} encouraging sign
[10:07] {esemde} vad ...do you bstop that at 15 or 15.01
[10:08] {Threei} 15.01, but will hit it if 15 scrolls fast
[10:08] {esemde} VPhm that is
[10:08] {Threei} I do it manually
[10:08] {esemde} tks
[10:08] {Threei} limit about 15.03
[10:09] {dino} out mdvn .09, +1.09
[10:09] {Threei} clicking when/if 15 melts down as if all global warming concetrated in this single stock
[10:10] {esemde} hmmmmm interesting analygy
[10:11] {esemde} write that book....global warming and stock trading
[10:11] {peterg} wtg dino
[10:11] {Threei} no worky second half JASO
[10:11] {magoo} stopped remainder JASO .89
[10:11] {Threei} beauty dino
[10:15] {Threei} OK, let's see if this market bounce takes VPHM through the resistance
[10:15] {magoo} vphm held well in that selloff
[10:15] {Threei} acts like salmon so far
[10:15] {Threei} yup
[10:15] {tomg} abk
[10:15] {Threei} and making 52 week highs while market is like this is impressive
[10:16] {magoo} wheres your exit?.13
[10:17] {Threei} am I going senile or what
[10:17] {Threei} commented on ABK
[10:17] {Threei} [08:52] {Threei} 8 is daily resistance
[10:17] {Threei} [08:52] {Threei} broken slightly earlier
[10:17] {Threei} and forgot to watch it for a break?
[10:17] {Threei} sigh
[10:22] {pita} what's with USO / UAUA ?
[10:22] {Threei} nothing happens there
[10:22] {Threei} both stalled
[10:23] {dino} thx peter
[10:23] {Onix} vphm?
[10:23] {Threei} ?
[10:24] {Threei} triggered
[10:24] {Threei} wow... now UAUA is moving sharply
[10:25] {Onix} in @ 15.01
[10:25] {Threei} didn't get advance lead from USO
[10:26] {Threei} PREVIEW: AUG US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
[10:26] {Threei} **consensus estimates:
[10:26] {Threei} - Ford: -21%e (usually released at Noon ET).
[10:26] {Threei} - GM: -29%e (usually released around 1:45pmET).
[10:32] {dino} watching pcln
[10:32] {Threei} VPHM stop to .89
[10:33] {Threei} I need my decoder ring for this
[10:34] {Threei} UBS'S WEIL: US MARKET IS NOT "A PLACE YOU CAN STAY AWAY FROM"
[10:34] {dino} or stay in
[10:34] {Threei} lol
[10:38] {dino} sm l mdvn .10
[10:43] {Threei} VPHM stop to .94
[10:43] {Threei} hit 1:1
[10:43] {Threei} time to trail the stop whether you partialled out or not
[10:49] {dino} pcln sm l .10
[10:55] {dino} v sm wide l rimm .00
[10:58] {Threei} CLNE got new portion of TV hype
[10:58] {Threei} trailing stop hit VPHM
[11:00] {Threei} sharp down USO
[11:01] {magoo} is the qqq correlated also to uso?
[11:01] {Threei} often
[11:01] {Threei} there are days when market is all about oil
[11:01] {Threei} then you see good correlation
[11:07] {magoo} sao let me bring it home...uso drops..qqqq pops...and aapl rocks
[11:07] {dino} not yesterday
[11:08] {Threei} unless it's a day when AAPL moves on its own, yes
[11:08] {Threei} yesterday market was just plain s3elling throughout the day
[11:09] {Threei} look at AAPL/RIMM divergency today
[11:09] {Threei} don't know what gives
[11:09] {dino} yeah w/oil/uso down multiple dollars
[11:10] {Threei} yup... even though oil went up on intraday, market weakness was not corresponding
[11:10] {Threei} as oil worries ease, market finds other things to worry about
[11:11] {Threei} and sheesh, are there such things
[11:22] {Threei} RIMM
[11:22] {Threei} watching for short
[11:22] {Threei} .50 trigger
[11:23] {Threei} look to cover under .30
[11:23] {Threei} stop above .70
[11:26] {Threei} no worky... 5 cents shy of target
[11:30] {Threei} ugh... shakeout
[11:31] {Chaeron} dang... that's just rude.... 'morning all
[11:31] {magoo} thats what i believe has been tough of late..seems there are more shakeouts than yrs before
[11:32] {Threei} hi chaeron
[11:34] {Threei} Nissan REPORTS AUG US VEHICLE SALES UP 14.2%
[11:35] {magoo} up???
[11:36] {Threei} can you believe it
[11:36] {Threei} awww RIMM
[11:36] {Threei} it IS rude
[11:38] {Threei} repeat of yesterday dino... oil is down, market goes down nonetheless
[11:38] {dino} y
[11:38] {magoo} yeah..pointer
[11:38] {Threei} TSX is getting killed again
[11:38] {dino} seems to me all we have is a wide trading range
[11:39] {Threei} well, if we repeat yesterday RIMM is going to be a two points bouncer later on
[11:39] {peterg} just say the word
[11:40] {Threei} waiting for now
[11:40] {peterg} right
[11:40] {Threei} rfemember how RIMM bottom formed yesterday?
[11:40] {Threei} wasn't a V type
[11:40] {magoo} double bottom
[11:40] {Threei} it stabilized for a while, then got upside momo
[11:40] {Threei} yes, formed double bottom
[11:41] {Threei} what's with URRE?
[11:42] {Threei} no news that I see
06[11:42] * Threei slaps laserdave1 around a bit with a large trout
06[11:42] * Chaeron slaps laserdave1 around a bit with a large trout
[11:42] {dino} problem is markets want to test the bottom of range 1800 ndx, 11330 dji
[11:42] {Threei} magoo??
[11:43] {dino} rimm was leader yesterday on the bounce
[11:43] {Threei} OK, one more pullback on RIMM{ bottoming not lower than .30,and break of .50
[11:43] {dino} afam hmmm
[11:43] {Threei} will be first attempt worth a try
[11:45] {Threei} just a scalp, not ready for a big bounce yet IMOout +.25
[11:46] {Threei} anyone got it?
[11:47] {magoo} vad, noyt even a minute between your calll, in out
[11:47] {magoo} no
[11:47] {peterg} in out for .12
[11:49] {magoo} just saying..if sleeping..tough to wake up..get bearings..look at pick..hit it..get out...and ty all in minute
[11:49] {Threei} lol
[11:49] {Threei} I assumed you had it on screen and watched it
[11:49] {magoo} yup
[11:49] {magoo} always
[11:50] {Threei} was sufficient time for entey then... wake up will ya
[11:50] {magoo} i think u shopuld play rimm aapl more...u read them well
[11:50] {Threei} well, it's not about read only
[11:50] {magoo} OY..here he goes
[11:50] {Threei} risk on those is beyond tolerance of many
[11:50] {Threei} don't want to focus strictly on this kind
[11:51] {Threei} I know you like bloody roast beef mags... but I cook for pasta fans too :)
[11:52] {Threei} anyone sees anything behind URRE move?
[11:52] {Threei} are we building nuclear reactors already all over NA?
[11:52] {Threei} sorry... nucular
[11:53] {magoo} uh vad...look to your right
[11:53] {magoo} u too chjaewr
[11:53] {magoo} chear
[11:54] {dino} ttwo
[11:54] {Chaeron} ?
[11:54] {magoo} sheesh
06[11:55] * magoo slaps laserdave1 around a bit with a large trout
[11:55] {Chaeron} [08:40] * Threei slaps laserdave1 around a bit with a large trout
[11:55] {Chaeron} [08:40] * Chaeron slaps laserdave1 around a bit with a large trout
[11:55] {Threei} jeez
[11:55] {Threei} he IS sleeping
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
[11:55] {Chaeron} not as bad as him getting me to look out my window......
[11:55] {laserdave1} o sorry was it magoo who slapped me?
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
[11:56] {Chaeron} great aim Dave...
[11:56] {laserdave1} ty
[11:56] {pita} later all
[11:56] {laserdave1} market crazy candle
[11:56] {Chaeron} bye pita
[11:56] {Threei} take care pita
[12:01] {Threei} F
[12:01] {Threei} REPORTS AUG VEHICLE SALES -26.6% V -21%E
[12:01] {Threei} - Cutting 2H North American production forecast
[12:02] {Threei} RIMM not making new low
[12:04] {Threei} OK... RIMM long with stop under .50
[12:04] {Threei} this time more than scalp
[12:05] {magoo} where u in? i .78
[12:05] {Threei} .76
[12:05] {Threei} immaterial difference
[12:06] {Threei} if holding above .50, should take 116 and try for 16.50
[12:06] {Threei} hope no shakeout this time
[12:06] {magoo} yeah
[12:06] {laserdave1} nice bid
[12:06] {magoo} thats roman
[12:07] {Threei} real too
[12:07] {Threei} takes sellers
[12:08] {Threei} come on, move
[12:08] {magoo} kickin it vad
[12:08] {Threei} hate it when it takes so long to jump while such bidder supports it
[12:10] {laserdave1} had to take it
[12:10] {laserdave1} thanks for trade Vadster
[12:10] {Threei} you sure you kicked right side magoo?
[12:10] {magoo} yeah
[12:10] {Threei} didn't work yet dave
[12:10] {Threei} market sharp downtick
[12:10] {Threei} grrr
[12:11] {magoo} ditto grr
[12:12] {peterg} again, stupidity prevails-bot, sold, ss, covered. little loss
[12:12] {Threei} hmm?
[12:12] {peterg} hit sell twice in exit
[12:12] {Threei} double clicking or what?
[12:12] {Threei} oh I see
[12:12] {peterg} yep
[12:13] {peterg} should wear gloves
[12:16] {dino} ttwo l sm .25
[12:18] {dino} afam sm l .50
[12:19] {dino} dji -3%+ since yesterday
[12:20] {Threei} next try is coming
[12:21] {Threei} break of .50 long
[12:21] {magoo} aapl too
[12:21] {Threei} stop under .30
[12:21] {Threei} don't play these stocks if not willing to take a few stops
[12:21] {Threei} idea is, small stops and hunting for a big bounce
[12:22] {magoo} small shares too vad{tell them}
[12:22] {Threei} lol... I believe it's a given on RIMM/AAPL
[12:23] {dino} smaller shares wider stops
[12:24] {Threei} OK... NQ has a feel of finding the bottom finally
[12:24] {Threei} let's see if this is the entry
[12:25] {Threei} also, AKAM .61 long if stays above .50
[12:26] {Threei} this one is just a scalp
[12:30] {magoo} rimm should go
[12:30] {laserdave1} 45$ big level on qqqq now
[12:31] {magoo} previous resistance?
[12:31] {laserdave1} well just whole numbers are always key
[12:32] {magoo} ah
[12:33] {laserdave1} ok Vad
[12:33] {laserdave1} im in akam
[12:33] {laserdave1} i like it
[12:33] {Threei} gosh, what are you, buying 50 shares of it? Buy 100K, provide us with exit
[12:33] {laserdave1} will hold .50 as stop
[12:34] {laserdave1} lol
[12:34] {laserdave1} sorry
[12:34] {laserdave1} i got 1000 at .61
[12:34] {laserdave1} and buying o more
[12:34] {magoo} he he..i just sold 1k at .61
[12:34] {Threei} lol
[12:34] {laserdave1} haha
[12:35] {peterg} kik it vad
[12:36] {magoo} trook aa[pl long .68
[12:36] {magoo} sm
[12:36] {Threei} need NQ to break 1830 to make these entries truly work
[12:37] {Threei} truly as in grant us something really meaningful, not just another scalp
[12:38] {magoo} wait aapl .31
[12:38] {laserdave1} qqqq .97 bid
[12:39] {Threei} OK NQ
[12:39] {Threei} don't stop now
[12:39] {Threei} bottom is in, just go
[12:40] {Threei} RIMM is not in a hurry to follow btw
[12:40] {Threei} not sure I am jazzed about it
[12:46] {laserdave1} akam shoud bounce here
[12:46] {laserdave1} i hope
[12:49] {Threei} RIMM gave up
[12:49] {magoo} out aapl flat
[12:52] {laserdave1} im long rimm
[12:52] {laserdave1} stop 115
[12:52] {Threei} something isn't right
[12:52] {laserdave1} ya tons of size there
[12:52] {laserdave1} so i will hit the 115
[12:53] {Threei} it wouldn't go with NQ, then dropped even though NQ merely downticked a little
[12:53] {laserdave1} not wait till its gone
[12:53] {Threei} made new low while market stays put
[12:53] {laserdave1} if it goes down i wont miss 115
[12:53] {laserdave1} only got n cuz so much size on that level
[12:53] {laserdave1} if anyone is in
[12:54] {laserdave1} be carefull cuz if that level goes can be nasty candle
[12:54] {laserdave1} sell order .44 in case of rip up
[12:55] {magoo} \dammit aapl
[13:02] {laserdave1} rimm stopped
[13:02] {laserdave1} watch out to downside if breaks .90
[13:05] {laserdave1} rimm u animal
[13:05] {laserdave1} just to stop me out
[13:06] {magoo} this mkt blowws
[13:07] {Threei} today I agree with you
[13:08] {laserdave1} qqqq back above 45$
[13:09] {laserdave1} lets see if we rally
[13:09] {laserdave1} im not calling that though
[13:09] {patience} tsx down -251...just about time to get back into agrium and potash
[13:09] {laserdave1} just watching
[13:13] {laserdave1} market getting stronger
[13:16] {Threei} can't really tell if we start recovery or it's just another bounce before further slide
[13:18] {Threei} ABK is trying to pick up pace again
[13:20] {Threei} setup would be 8.85 long if stays above .70
[13:20] {Threei} withh aggressive entry if market spikes
[13:22] {Threei} US PRES BUSH: OIL WILL BE RELEASED FROM STRATEGIC PETROLEUM RESERVE UPON REQUEST
[13:22] {Threei} {USO}
[13:22] {magoo} request of whom?
[13:23] {dino} me
[13:23] {magoo} i request it to be delivered to my home
[13:23] {Threei} all of it?
[13:24] {Threei} sheik magoo they called him
[13:24] {dino} classic politician, buy it/fill it higher, release it when oil is 1/3 lower. and just think they run the tax system
[13:24] {Threei} lol
[13:25] {Threei} oil spike
[13:25] {dino} seriously, if they had any brains, they would do the reverse and for once make some $ on it
[13:25] {Threei} new low RIMM
[13:26] {Threei} glad I didn't trust the bounce
[13:26] {dino} wow joyg, i'd hate to see what would happen if they lowered guidance
[13:26] {Threei} no kidding
[13:26] {Threei} what a haircut
[13:27] {Threei} IMF'S LIPSKY REPORTEDLY SEES A POSSIBILITY THAT GLOBAL GROWTH MAY MISS THE IMF FORECAST OF 4.1% FOR 2008
[13:27] {Threei} who is growing?
[13:27] {Threei} every country is complaining of recession
[13:33] {laserdave1} RIMM
[13:33] {laserdave1} what a rip
[13:33] {laserdave1} no rhyme or reason
[13:33] {Threei} no
[13:33] {Threei} wasteland of a day
[13:33] {GeoArb} what I am killing it here
[13:34] {Threei} good for you
[13:34] {GeoArb} (killing time )
[13:34] {Threei} ah
[13:34] {GeoArb} heheheh
[13:34] {Threei} first red day since vacation for me
[13:34] {GeoArb} one trade rimm +2
[13:34] {GeoArb} 2 USD I mean
[13:34] {peterg} nice
[13:34] {peterg} I am very advanced; I have no envy
[13:34] {GeoArb} not 2 usd per share
[13:34] {GeoArb} 2 USD period
[13:35] {dino} lol
[13:35] {peterg} got it
[13:36] {GeoArb} i just came back late last night from vegas
[13:37] {GeoArb} took my mom.... and now she wants to buy a house there and watch the bellagio fountain every evening.... (after loosing all her money in bingo_)
[13:38] {Threei} tape those fountains for her
[13:38] {GeoArb} prabably cheaper
[13:38] {Threei} add volcano explosion for good measure
[13:38] {GeoArb} came home n less than 4 hours .... roads are empty
[13:39] {GeoArb} vegas looked empty
[14:00] {Threei} FED'S BEIGE BOOK: US ECONOMIC ACTIVITY HAS BEEN SLOW, RESIDENTIAL PROPERTY IS SOFT
[14:00] {Threei} - Sees moderate price pressures at employment slows, all districts see price pressures
[14:00] {Threei} - Sees export slowdowns in some districts, concentration on purchases of staples
[14:01] {Threei} and market drops on that?
[14:03] {Threei} Ukraine goes right ahead for Georgia fate
[14:04] {Threei} Russian soldiers have already been busy handing out passports to Crimeans to bolster the numbers of Russian "citizens" who might conveniently require Moscow's protection should Russia genuinely fear for the future of its Sevastopol base.
[14:05] {Threei} what the heck is happening today
[14:05] {Threei} do you see these spikes up and down?
[14:06] {dino} it's called the "efficient" market,............not
[14:07] {dino} dji green
[14:07] {Threei} and of course each of those spikes is driven but change in fundamentals
[14:07] {Threei} they are known for changing dramatically in a course of minutes
[14:08] {Threei} but = by
[14:09] {dino} josb
[14:09] {Threei} GM SALES ANALYST: SEEING SIGNS THAT THE US ECONOMY REGAINING TRACTION WITH HOUSING MARKET NEAR A BOTTOM - CONF CALL
[14:14] {Threei} lol, these constant readjustments... summer trading was unusually good,
[14:14] {Threei} now that we are out of it, gotta re-train myself
[14:30] {Threei} ABK is likely ot head for day high
[14:30] {Threei} entry point is toughie
[14:35] {Threei} anyone managed to find an entry?
[14:36] {hawkfan4} .85
[14:36] {Threei} partialling?
[14:37] {Threei} scalping?
[14:37] {Threei} sleeping?
[14:37] {hawkfan4} 1/2 out .98
[14:37] {Threei} OK :)
[14:47] {hawkfan4} b/e stop for the rest, thx
[14:56] {magoo} VAAAAAAADDDDDDDDDDDDDDDDD
[14:57] {Threei} yyeeessss?
[14:57] {magoo} wheres the bounce play?
[14:57] {magoo} 3 pm bounce
[14:57] {Threei} don't know about bounce,
[14:58] {Threei} but intyerested in URRE
[14:58] {hawkfan4} 12:58 URRE Uranium Resources: Color on stock strength (3.26 +1.08)
[14:58] {hawkfan4} URRE is trading up over 40% following Bloomberg report that Uranium Resources is sitting on as much as $7 bln worth of the radioactive mineral and may become a takeover target after the shares plunged 83% this year, along with the fuel's price.
[14:58] {Threei} maybe for overnight hold
[14:58] {Threei} ty hawk
[14:58] {hawkfan4} np, forgot to post it earlier
[14:58] {Threei} this move feels like most likely getting continuation tomorrow
[14:58] {Threei} or at least gap
06[14:59] * magoo slaps Threei around a bit with a large trout
06[14:59] * Chaeron slaps Threei around a bit with a large trout
[14:59] {magoo} dave??
[14:59] {magoo} u up
[15:00] {Threei} hmm
[15:00] {magoo} oh no
[15:01] {magoo} RIMM bottomless
[15:01] {Threei} yup
[15:01] {Threei} told you something wasn't right about it
[15:07] {Threei} so far it doesn't look like 3 pm is going to bring bounce
[15:07] {Threei} breakdown is more like it
[15:17] {_csepulve33} hi everyone
[15:17] {Threei} good affternoon
[15:18] {Threei} watching as URRE trades, more and more convinced it has legs
[15:25] {magoo} u in??
[15:25] {Threei} still watching
[15:26] {Threei} see, it's very possibly an overnight hold
[15:26] {Threei} so don't want rto get in too early
[15:26] {Threei} but obviously running a risk to miss
[15:26] {Threei} maybe half lot
[15:26] {Threei} with idea to add another half in case it drops
[15:27] {Threei} OK, will get half lot at .35 it getting hit or on pullback under 3.20
[15:28] {Threei} VVUS interesting strength
[15:28] {Threei} no clear play
[15:31] {dino} mdvn stopped
[15:33] {Threei} CHRYSLER REPORTS AUG SALES -34% TO 110K UNITS
06[15:34] * magoo slaps patience around a bit with a large trout
[15:34] {patience} why?
[15:34] {magoo} warming up
[15:35] {Threei} great... VVUS up 20 cents from my comment, and I still haven't found a play on it
[15:36] {dino} fpic
[15:37] {magoo} big up day tomorrow coming
[15:37] {magoo} u heard it here firsdt...realitytrader.com/magoostradamous
06[15:38] * Threei buys everything
[15:39] {laserdave1} market is crazy
[15:40] {Threei} SYK
[15:40] {Threei} US GOVT. IS REPORTEDLY INVESTIGATING COMPANY OVER ALLEGED ILLEGAL PAYMENTS TO DOCTORS
[15:41] {magoo} u don't have to yell:()
[15:43] {dptl} have a good evening all
[15:43] {Threei} take care dp
[15:43] {magoo} bye dp
[15:46] {Threei} no news VVUS
[15:48] {Threei} taking my first half lot URRE
[15:49] {magoo} after bell exit or overnite?
[15:49] {Threei} if moves today, fine
[15:49] {Threei} if not, overnight
[15:49] {magoo} i no like overnite
[15:50] {Threei} neither do I
[15:50] {magoo} u seem to do it often {as i run for cover}
[15:50] {Threei} not very often
[15:50] {Threei} some cases deserve a shot
[15:50] {magoo} u gonna get a shot he he
[15:52] {dino} i could use a shot
[15:54] {Threei} T. BOONE PICKENS: OIL PRICE WILL GO ABOVE $150/BBL THIS YEAR
[15:54] {Threei} sigh
[15:55] {peterg} boonie sez that for a reason.
[15:55] {peterg} his new book out, his windmills--he still loves that oil
[15:56] {peterg} the first billion is the hardest
[15:56] {peterg} title
[15:56] {Threei} poor guy
[15:56] {peterg} yep
[15:58] {Threei} sheesh VVUS :(
06[15:58] * magoo slaps Threei around a bit with a large trout
06[15:58] * Threei slaps magoo around a bit with a large trout
[15:58] {Threei} OK guys, thank you all
[15:58] {magoo} why?
[15:58] {Threei} have a good evening, see you tomorrrow
[15:58] {magoo} u 2 boss
[15:58] {Threei} why what?
[15:59] {magoo} why slap?
[15:59] {Threei} oh
[15:59] {peterg} why not gnite
[15:59] {Threei} because I believe in reciprocation, and reciprocator's gotta do what reciprocator's gotta do
[15:59] {magoo} oh
[16:00] {dino} ttwo out -.06
Tuesday, September 2, 2008
Sep 02 2008
Session Time: Tue Sep 02 00:00:00 2008
[08:59] {Threei} Good morning
[08:59] {patience} morning vad, RT :)
[09:00] {brian3579} gm all
[09:00] {Threei} patience, brian :)
[09:00] {hawkfan4} good morning
[09:00] {Threei} hawk :)
[09:02] {hawkfan4} oil nicely clobbered
[09:02] {Threei} no kidding
[09:02] {Threei} can we have straight down to $80, no bounces please?
[09:04] {cosmo} i would like the bounce off $15 please
[09:04] {Threei} I don't mind
[09:05] {Threei} but keep it to $15.02 if possible
[09:05] {cosmo} 15 looks firm
[09:05] {Threei} as a top of bounce I mean
[09:05] {cosmo} oh
[09:08] {Onix} good morning all
[09:08] {Threei} Onix :)
[09:08] {Threei} nice kickstart to markets, this opening
[09:08] {esemde} good morning....everyone had a great long weekend .....
[09:08] {Threei} ese :)
[09:08] {esemde} hey vad..
[09:08] {Threei} hard not to, with this beautiful streak of weather
[09:09] {fernp} Good morning all
[09:09] {Threei} fern :)
[09:09] {esemde} fabulous weather in the inner harbour yesterday
[09:09] {Threei} volume and breadth will start returning to the markets gradually
[09:09] {esemde} dp....did you make it over
[09:10] {Threei} so we will have to oppoertunity to finally diversify ourt trading vehicles form the narrow circle of stocks of late
[09:11] {cosmo} 3i... how's the Dragon software going?
[09:11] {Threei} haven't had a chance yet
[09:11] {Threei} partciularly, technology sector was abandoned for entire summer
[09:12] {Threei} and depressed enough to provide nice plays when it gets back in ficus
[09:12] {dptl} good morning all
[09:12] {Threei} dp :)
[09:12] {cosmo} let me know when you do ....if you can do it, i can do it
[09:13] {esemde} dp....did you make it over to the island yesterday...
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:15] {peterg} gm all also
[09:15] {Threei} peter :)
[09:15] {dptl} ese:)...no i didnt
[09:16] {esemde} ahhh ...too bad we had a great show at Blues Bash....
[09:16] {esemde} as vad said...the weather was perfect
[09:17] {peterg} here in twin cities tv describes Anarchists in the streets............
[09:17] {peterg} good weather too
[09:18] {dptl} :)...we had no summer here
[09:18] {esemde} anarchists in the streets........
[09:18] {peterg} they shouldn't break windows, just protest.
[09:18] {esemde} what are they protesting peter
[09:18] {peterg} RNC
[09:18] {peterg} repub nat cdonventenion is here
[09:18] {peterg} to nominate mccain
[09:18] {esemde} ah in St Louis.....
[09:19] {peterg} st paul!!!
[09:19] {esemde} mineappolis....st Paul
[09:19] {peterg} yes
[09:19] {peterg} wife being canadian, I understand not knowing states and cities
[09:19] {peterg} anmd presidents, etc.
[09:20] {peterg} and us history especially
[09:20] {peterg} all is forgiven
[09:20] {esemde} tks
[09:20] {Threei} lol
[09:20] {peterg} welcome
[09:21] {tomg} gm all
[09:21] {esemde} tom
[09:22] {Threei} tom :)
[09:23] {cosmo} SIGA
[09:24] {cosmo} # Q2 2008 SIGA Technologies Earnings Release - Before Market OpenCCBN(Tue, Aug 12)
[09:24] {cosmo} oops
[09:25] {cosmo} no news
[09:27] {pita} gm all
[09:27] {cosmo} SIGA 4.20 pre mkt high fwiw
[09:28] {Threei} pita :)
[09:29] {Threei} SIGA had news on Fri
[09:29] {Threei} 08/29/08 02:54pm [SIGA] Update: Reportedly awarded $55M contract from the NIH
[09:30] {cosmo} UAUA takes off
[09:32] {dino} pcln
[09:32] {Threei} UAUA pullback to about 13.20 would be of interest
[09:33] {Threei} if oil drops fast, 13.40
[09:33] {dino} hmmm, 11700 area dji again do we finally break the pattern
[09:34] {Threei} a bit more down UAUA please
[09:34] {Threei} almost there
[09:35] {Threei} USO is still upticking
[09:35] {Threei} don't jump in too soon
[09:35] {Threei} wait for USO to reverse
[09:36] {Threei} in
[09:36] {Threei} stop under .20
[09:38] {Threei} half out +.20
[09:39] {Threei} half out STSI 3.50
[09:40] {Onix} 15c in UAUA ty Vad
[09:40] {Threei} :)
[09:43] {Threei} out balance UAUA
[09:43] {tomg} thanks vad
[09:43] {Threei} welcome
[09:44] {Threei} just in time
[09:45] {Threei} powerful break STSI
[09:46] {Threei} out in full 3.69
[09:47] {Threei} not too shabby from 3.21
[09:47] {hawkfan4} nice job
[09:47] {Threei} ty
[09:48] {Onix} missed STSI
[09:48] {Threei} that was overnight hold Onix
[09:49] {Onix} good for you!
[09:49] {Threei} alerted on Fri woth warning that it was not likely to resolve that day
[09:51] {Threei} Long Setup: NVDA .86 with .79 stop
[09:52] {esemde} double bounce Vad.....
[09:52] {magoo} HEY
[09:52] {Threei} yup
[09:52] {Threei} magoo :)
[09:52] {esemde} do you have that as a scan....
[09:53] {Threei} plus, want to start trying techs
[09:53] {Threei} and risk is negligible on this setup, 7 cents
[09:53] {Threei} no
[09:53] {esemde} true
[09:53] {Threei} just went over former tech names
[09:53] {Threei} to see if any of them has something attractive to try
[09:54] {dino} ouch bucy
[09:54] {Threei} if market ramps up nicely, RMBS will also be interesting on 18 break
[09:55] {esemde} are you looking for any sort of volume indication.....
[09:55] {esemde} support or something
[09:55] {esemde} i've been watching nvda for a week or so now
[09:55] {Threei} just for the right chart configuration
[09:56] {Threei} TASR
[09:56] {Threei} STRENGTH BEING ATTRIBUTED TO RENEWED TAKEOVER CHATTER
[09:56] {esemde} i want to go long around the 13.50 range .....
[09:58] {Threei} TASR actually doesn't look bad
[09:59] {Threei} NVDA invalidated
[10:00] {Threei} *JULY CONSTRUCTION SPENDING (M/M): -0.6 V -0.4%E
[10:00] {Threei} *AUG ISM MANUFACTURING: 49.9 V 50.0E; PRICES PAID: 77 V 82.0E
[10:04] {Threei} Long Setup: COCO 14 if stays above 13.85
[10:04] {Threei} keep an eye on APOL as leading indicator
[10:05] {judijim} good morning everyone
[10:05] {Threei} jj :)
[10:06] {magoo} jj:)
[10:07] {Threei} careful with COCO if you went for it
[10:07] {Threei} let's tighten it to .89
[10:08] {Onix} in COCO @ 14
[10:08] {Threei} APOL needs to bounce from here to provied additional impulse to COCO
[10:09] {Threei} no worky
[10:10] {dino} scanner going red fast fwiw
[10:11] {Onix} stopped COCO
[10:17] {Threei} USO is likely to drop from here
[10:18] {Threei} Long Setup: UAUA .92
[10:18] {Threei} .79 stop
[10:19] {Threei} UAUA 1:1, out
[10:19] {magoo} out .06 TY
[10:19] {Threei} welcome
[10:19] {Threei} maybe capable of more but wat to keep sure wins for now
[10:19] {magoo} yeah, we can reload it
[10:20] {Threei} can reenter, can't re-exit
[10:20] {Threei} vadism of the day
[10:21] {hawkfan4} lol, i like that
[10:22] {Threei} FITCH LOWERS RATINGS ON FNM AND FRE PREFERRED STOCK TO BBB-, AFFIRMS AAA ID RATING AND AA- SUB DEBT RATINGS
[10:22] {Threei} - Reminder: Back on 8/06 Fitch cut FRE's preferred stock to A from A+, placed subordinated debt on watch negative.{FRE FNM XLF}
[10:23] {Threei} I wish I knew what that means lol
[10:23] {Threei} FRE has a look of two-sided setup
[10:23] {Threei} 4.96 long if stays above 4.80;
[10:23] {Onix} notr mortals to know
[10:24] {Threei} 4.79 short if stays below 4.95
[10:24] {dino} means stock no good, bonds will survive
[10:24] {_csepulve33} hi
[10:24] {Threei} good morning csepulve
[10:24] {dino} gm
[10:24] {Threei} move chair closer
[10:24] {Threei} but they mentioned preferred, no common dino
[10:24] {Threei} that's what confuses me
[10:25] {Threei} anyway, let's not overanalyze it
[10:25] {Threei} setu is setup
[10:25] {dino} same meaning, preferred will drop, may survive, may not
[10:25] {Threei} got it, ty
[10:25] {dino} remember, the bonds are the roots of the tree
[10:26] {Threei} certainly
[10:26] {Threei} but they can keep bonds obliogations while killing commons
[10:26] {dino} common = leaves, preferred = limbs
[10:26] {_csepulve33} hi, I am on a trial in this chat, can anyone tell me how it works?
[10:26] {Threei} simple... observe the calls and comments
[10:26] {Threei} trade those you feel safe with
[10:27] {dino} its a jungle
[10:27] {Threei} don't hesitate to ask questions
[10:27] {dino} apol stalking
[10:27] {_csepulve33} Do you trade only stocks?
[10:27] {Threei} we exited UAUA just in time, eh?
[10:27] {Threei} mostly, yes
[10:27] {Threei} ETFs sometimes
[10:28] {_csepulve33} eminis?
[10:28] {Threei} not per se,
[10:28] {Threei} a lot of comments can be applied to e-minis
[10:28] {Threei} but mostly we use them as leading indicators
[10:28] {dino} 100% stocks for me
[10:28] {_csepulve33} Can I ask why do you dont trade the eminis?
[10:29] {Threei} one can't trade everything on earth... we like to diversify
[10:29] {Threei} and stocks provide wider range of opportunities
[10:29] {_csepulve33} ahh that ok, I ask simple because people think futures are more risky and fast than stocks
[10:30] {Threei} in a way, yes
[10:30] {Threei} let's tighten FRE setup
[10:30] {Threei} 4.93 long if stays above 4.85
[10:31] {_csepulve33} Where is Vad? he is in this room?
[10:31] {Threei} a bit less confidence, trade-off is tighter stop
[10:31] {Threei} that would be me
[10:31] {Threei} for a short side of this setup I still prefer 4.79 as a trigger
[10:31] {fernp} out ABK +.15 (easy money)
[10:32] {Threei} gj
[10:32] {Threei} magoo, have a look at UAUA
[10:32] {magoo} see it
[10:32] {Threei} aren't you glad we kept our expectations to a scalp
[10:32] {dino} apol sm s .25, stop .63
[10:32] {magoo} still seems to be the way 6o go vad
[10:32] {magoo} to
[10:33] {Threei} yeah, we are just starting fall trading
[10:33] {Threei} chan ge doesn't occur in one day
[10:33] {magoo} chan ge? oriental saying?
[10:33] {Threei} change
[10:33] {Threei} with hiccup
[10:33] {Onix} lol
[10:37] {Threei} Long Setup: LNCR .60 half lot
[10:37] {Threei} if stays above .50
[10:38] {_csepulve33} LNCR on 1 minute time frame?
[10:38] {Threei} yes
[10:40] {Threei} oil bounce keeps a lid on the market for now
[10:40] {magoo} fre short
[10:40] {Threei} profit taking should come soon though, and is likely to be severe
[10:41] {_csepulve33} are you trying to buy breakout at 33.57 on LNCR?
[10:41] {Threei} stop .93 for FRE
[10:41] {Threei} it got invalidated by losing .50 support, csepulve
[10:41] {Threei} not interested anymore
[10:42] {_csepulve33} ok
[10:43] {dino} v sm s rimm .05 wide
[10:46] {Threei} Attention: FRE stop to 4.85
[10:46] {Threei} don't want to run into double bottom
[10:49] {dino} apol bstop to .61
[10:49] {dino} expect slip
[10:49] {Threei} most likely scenario: pne more bounce USO, no new high, and down
[10:49] {Threei} missed UAUA entry, hoping for pullback
[10:50] {Threei} as close to .50 as possible
[10:50] {dino} rimm nstop to b/e
[10:51] {dino} rimm stopped reverse slip .98, +.07
[10:51] {_csepulve33} FREE starts to run
[10:52] {_csepulve33} FRE sorry
[10:54] {Threei} here comes USO bounce
[10:56] {dino} apol bstop to .29
[10:56] {dino} out/cover +.96
[10:56] {Threei} wtg
[10:56] {dino} ty
[10:56] {dino} darn rimm would've worked too
[10:57] {Threei} out FRE
[10:58] {Threei} UAUA not pulling back enough
[10:58] {Threei} .68 is a bottom of a pullback
[10:59] {esemde} first day of work early staff meeting.........see you all tomorrow.....
[10:59] {Threei} take care ese
[10:59] {esemde} see ya vad
[11:01] {dino} bye es
[11:01] {magoo} c u es
[11:04] {Threei} stsi
[11:04] {Threei} thing is still holding
[11:05] {Threei} 3.70 break is probably one more scalp opportunity on it
[11:05] {Threei} if holding above 3.55
[11:07] {dino} v sm ma l .15
[11:09] {cosmo} NVDA needs to hold 12.65 imo
[11:09] {Threei} if USO breaks .30 backing off longs for now
[11:10] {Threei} need it to lose 88 while not going above 88.30
[11:11] {Threei} if that happens, grab UAUA with stop under .80
[11:14] {dino} cedc death again
[11:18] {cosmo} NVDA tests lod
[11:18] {Chaeron} GM all\
[11:19] {dino} gm
[11:19] {Threei} chaeron :)
[11:22] {Threei} well USO?
[11:22] {Threei} make up your mind
[11:22] {hawkfan4} fakes left, goes right
[11:25] {Threei} don't like this spike... can't tell if it's last gasp or real strength
[11:26] {dino} gild
[11:32] {dino} cedc sm l .40 stop .07
[11:38] {dino} iclr spike
[11:42] {Threei} SAPE??
[11:44] {hawkfan4} nothing here
[11:44] {Threei} last week news
[11:44] {dino} cedc not moving, tighten to .23
[11:47] {dino} ced stopped slipped to .17 ave -.23
[11:48] {peterg} out cedc -.11
[11:48] {dino} ttgt
[11:49] {dino} good stop peter, sorry bud
[11:49] {peterg} no prob, tks for advices
[11:50] {dino} gild sm l .63 stop .27
[11:50] {peterg} glid
[11:51] {peterg} wrong screen
[11:52] {Threei} STSI is till valid
[11:55] {pita} later all - good luck, day job calls
[11:55] {Chaeron} bye pita
[11:55] {magoo} c u pita
[11:55] {dino} cya pita
[11:56] {Threei} take care pita
[11:57] {Threei} well STSI... if you can take .75 I will be very impressed
[11:58] {Threei} I am impressed
[12:06] {dino} pcln wants 100
[12:08] {Threei} we are in lunch time, take STSI profit as you see fit
[12:08] {hawkfan4} nice one, thx vad
[12:08] {Threei} welcome
[12:16] {dino} one more spike ttgt imo
[12:23] {dino} sm s ttgt .03 stop .39
[12:28] {magoo} this market BLOWS
[12:36] {Threei} watching RIMM for bounce
[12:37] {Threei} quick dive under 120 should be it
[12:38] {dino} waiting at 119.20
[12:42] {Threei} doesn't want to lose 120
[12:43] {Chaeron} there you go
[12:43] {Threei} OK
[12:47] {Threei} one more leg down is needed
[12:47] {Threei} still no mesningful strength
[12:47] {Threei} dino's idea of entry looks right
[12:49] {Threei} STSI is probably exhausting its move
[12:49] {Threei} quick spike to .95 aand drop all the way back to where spike started feels like last legs
[12:52] {dino} i don't know maybe lower
[12:54] {magoo} i have apptmt..will be leaving shortly
[12:54] {dptl} got to go...have a good rest of the day ,see ya tomorrow
[12:54] {Threei} take care dp
[12:54] {dino} that was it
[12:55] {dino} take care you two
[13:00] {Threei} SOLR
[13:00] {Threei} SINGS $173M CONTRACT
[13:02] {Threei} T BOONE PICKENS EXPECTS OPEC TO TRIM PRODUCTION AT SEPT 9 MEETING AND DEFEND $100/BARREL LEVEL - CNBC COMMENTS
[13:02] {Threei} - Pickens says oversupply in natural gas could lead it to drop to a $6 handle{
[13:07] {dino} beat drop
[13:17] {dino} beat sm l .25 stop .87
[13:21] {Threei} how about that drop STSI
[13:22] {dino} hmmm
[13:27] {Threei} I don't think it's worth entry
06[13:28] * Threei slaps laserdave1 around a bit with a large trout
06[13:28] * Chaeron slaps laserdave1 around a bit with a large trout
[13:29] {Threei} just following up my earlier comment on STSI exhausting its move
[13:34] {Threei} what's with SANM
[13:35] {Threei} last news about a month ago
[13:35] {dino} xtex
[13:35] {dino} tyin
[13:36] {dino} thin
[13:43] {Threei} President Nicolas Sarkozy's key electoral promise to allow the French to "work more to earn more" has hit a major snag: most have no desire to put in extra hours to raise their wages, a poll has found.
[13:43] {Threei} really...
[13:43] {Threei} thank you for letting me work but I don;'t want to
[13:45] {dino} roflol
[13:48] {dino} ttgt bstop to .62
[13:51] {dino} wow rimm
[13:51] {dino} wants 115 maybe
[13:52] {Threei} market drop takes RIMM with it...
[13:52] {dino} gild stopped -.36
[13:54] {dino} more like rimm leading market
[13:57] {dino} ttgt bstop to .52
[14:09] {dino} to .43
[14:12] {dino} patience, feeling 70 dji points down for a 300 pt range day
[14:12] {patience} you should see the tsx for a down day
[14:13] {dino} how much?
[14:13] {patience} -345 points
[14:14] {dino} in any case, talking heads gave reason oil down market up huge earlier, what do they say now, as i'm not listening
[14:14] {dptl} i am back:)
[14:14] {Threei} welcome back dp :)
[14:14] {patience} me neither dino, i'm just waiting for a 'v' shaped bounce
[14:15] {dptl} ty:)
[14:15] {Threei} that's one remarkable reversal
[14:15] {dino} same idea patience, wondering if the 11300 area comes into play once more
[14:15] {patience} seems so
[14:17] {dino} dji neg.
[14:18] {dino} ttgt to .34
[14:19] {patience} hey dino, where is magoosky
[14:20] {dino} slipped stopped/cov .35, +.68
[14:21] {dino} beat stop to .65
[14:22] {dino} he left early, his son messed his shoulder up racing, dr. appt.
[14:23] {patience} ouch
[14:26] {dino} beat to .89
[14:26] {Threei} RIMM break of 118 is worth a try long
[14:27] {Threei} under .80 invalidated
[14:28] {dino} oh man beat slipped out aver .85 +.60
[14:36] {dino} rimm sm l .20, stop .79
[14:38] {dino} stopped
[14:38] {Threei} quite a powerful selling today
[14:38] {patience} tsx down -394
[14:39] {dino} indeed about -250
[14:40] {dino} ouch tsx
[14:54] {dino} ok here's the 300 range
[14:56] {Threei} time to bounce soon
[14:56] {Threei} probably another leg down still
[14:57] {Threei} but oberall, end of selling for today should be close
[14:57] {dino} around -100 imo
[14:58] {dino} rimm bottom, sm l .00 trig
[15:02] {dino} l gild .00, stop .73
[15:08] {Threei} upward momo starts
[15:16] {Threei} what do you want from RIMM dino? 118.50?
[15:16] {dino} wanted at least .60
[15:17] {dino} ideally blow thru .60, tighten to that and let it ride.
[15:17] {dino} my gut says we finish green
[15:17] {Threei} I concur
[15:17] {patience} first trading day of the month, fund managers repositioning
[15:17] {patience} gotta get some decent recents for third quarter
[15:18] {patience} returns
[15:18] {patience} yeesh
[15:18] {dino} starting bad imo
[15:19] {dino} .60 is tough walkl
[15:19] {dino} wall
[15:20] {dino} ok tighten
[15:20] {dino} out +.60
[15:21] {dino} too tight
[15:25] {dino} gild out .24 +.24
[15:29] {_csepulve33} bye everyone.....thanks for everything see you tomorrow
[15:29] {hawkfan4} take care
[15:31] {Threei} here come my 118.50 RIMM
[15:31] {Threei} (hopefully)
[15:32] {dino} way to hold
[15:32] {Threei} was very much confident in reversal
[15:32] {Threei} [15:08] {Threei} upward momo starts
[15:34] {Threei} out .41
[15:34] {Threei} 9 cents shy
[15:34] {Threei} ty dino
[15:36] {dino} sm l .gs .50
[15:37] {dino} :)
[15:52] {dino} out gs .89, +.39
[15:52] {fernp} gj
[15:52] {Threei} wtg
[15:53] {Threei} OK guys, thank you all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {hawkfan4} thx vad
[15:53] {dino} ty
[15:53] {fernp} bye
[15:53] {dino} yeah, calling it a day here too, decent one, just strange
[15:54] {Threei} a bit, yeah
[15:54] {Threei} transition period
[15:54] {peterg} transition to.......the future!
[15:54] {Threei} will take a few for market to get back from vacation mode in working mode
[15:54] {peterg} some vacation
[15:54] {peterg} not
[15:55] {dptl} have a good evening all
[15:55] {peterg} so long all til tmo
[15:55] {dino} take care all.
[15:56] {peterg} and to all a good night (santa claus?)
[08:59] {Threei} Good morning
[08:59] {patience} morning vad, RT :)
[09:00] {brian3579} gm all
[09:00] {Threei} patience, brian :)
[09:00] {hawkfan4} good morning
[09:00] {Threei} hawk :)
[09:02] {hawkfan4} oil nicely clobbered
[09:02] {Threei} no kidding
[09:02] {Threei} can we have straight down to $80, no bounces please?
[09:04] {cosmo} i would like the bounce off $15 please
[09:04] {Threei} I don't mind
[09:05] {Threei} but keep it to $15.02 if possible
[09:05] {cosmo} 15 looks firm
[09:05] {Threei} as a top of bounce I mean
[09:05] {cosmo} oh
[09:08] {Onix} good morning all
[09:08] {Threei} Onix :)
[09:08] {Threei} nice kickstart to markets, this opening
[09:08] {esemde} good morning....everyone had a great long weekend .....
[09:08] {Threei} ese :)
[09:08] {esemde} hey vad..
[09:08] {Threei} hard not to, with this beautiful streak of weather
[09:09] {fernp} Good morning all
[09:09] {Threei} fern :)
[09:09] {esemde} fabulous weather in the inner harbour yesterday
[09:09] {Threei} volume and breadth will start returning to the markets gradually
[09:09] {esemde} dp....did you make it over
[09:10] {Threei} so we will have to oppoertunity to finally diversify ourt trading vehicles form the narrow circle of stocks of late
[09:11] {cosmo} 3i... how's the Dragon software going?
[09:11] {Threei} haven't had a chance yet
[09:11] {Threei} partciularly, technology sector was abandoned for entire summer
[09:12] {Threei} and depressed enough to provide nice plays when it gets back in ficus
[09:12] {dptl} good morning all
[09:12] {Threei} dp :)
[09:12] {cosmo} let me know when you do ....if you can do it, i can do it
[09:13] {esemde} dp....did you make it over to the island yesterday...
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:15] {peterg} gm all also
[09:15] {Threei} peter :)
[09:15] {dptl} ese:)...no i didnt
[09:16] {esemde} ahhh ...too bad we had a great show at Blues Bash....
[09:16] {esemde} as vad said...the weather was perfect
[09:17] {peterg} here in twin cities tv describes Anarchists in the streets............
[09:17] {peterg} good weather too
[09:18] {dptl} :)...we had no summer here
[09:18] {esemde} anarchists in the streets........
[09:18] {peterg} they shouldn't break windows, just protest.
[09:18] {esemde} what are they protesting peter
[09:18] {peterg} RNC
[09:18] {peterg} repub nat cdonventenion is here
[09:18] {peterg} to nominate mccain
[09:18] {esemde} ah in St Louis.....
[09:19] {peterg} st paul!!!
[09:19] {esemde} mineappolis....st Paul
[09:19] {peterg} yes
[09:19] {peterg} wife being canadian, I understand not knowing states and cities
[09:19] {peterg} anmd presidents, etc.
[09:20] {peterg} and us history especially
[09:20] {peterg} all is forgiven
[09:20] {esemde} tks
[09:20] {Threei} lol
[09:20] {peterg} welcome
[09:21] {tomg} gm all
[09:21] {esemde} tom
[09:22] {Threei} tom :)
[09:23] {cosmo} SIGA
[09:24] {cosmo} # Q2 2008 SIGA Technologies Earnings Release - Before Market OpenCCBN(Tue, Aug 12)
[09:24] {cosmo} oops
[09:25] {cosmo} no news
[09:27] {pita} gm all
[09:27] {cosmo} SIGA 4.20 pre mkt high fwiw
[09:28] {Threei} pita :)
[09:29] {Threei} SIGA had news on Fri
[09:29] {Threei} 08/29/08 02:54pm [SIGA] Update: Reportedly awarded $55M contract from the NIH
[09:30] {cosmo} UAUA takes off
[09:32] {dino} pcln
[09:32] {Threei} UAUA pullback to about 13.20 would be of interest
[09:33] {Threei} if oil drops fast, 13.40
[09:33] {dino} hmmm, 11700 area dji again do we finally break the pattern
[09:34] {Threei} a bit more down UAUA please
[09:34] {Threei} almost there
[09:35] {Threei} USO is still upticking
[09:35] {Threei} don't jump in too soon
[09:35] {Threei} wait for USO to reverse
[09:36] {Threei} in
[09:36] {Threei} stop under .20
[09:38] {Threei} half out +.20
[09:39] {Threei} half out STSI 3.50
[09:40] {Onix} 15c in UAUA ty Vad
[09:40] {Threei} :)
[09:43] {Threei} out balance UAUA
[09:43] {tomg} thanks vad
[09:43] {Threei} welcome
[09:44] {Threei} just in time
[09:45] {Threei} powerful break STSI
[09:46] {Threei} out in full 3.69
[09:47] {Threei} not too shabby from 3.21
[09:47] {hawkfan4} nice job
[09:47] {Threei} ty
[09:48] {Onix} missed STSI
[09:48] {Threei} that was overnight hold Onix
[09:49] {Onix} good for you!
[09:49] {Threei} alerted on Fri woth warning that it was not likely to resolve that day
[09:51] {Threei} Long Setup: NVDA .86 with .79 stop
[09:52] {esemde} double bounce Vad.....
[09:52] {magoo} HEY
[09:52] {Threei} yup
[09:52] {Threei} magoo :)
[09:52] {esemde} do you have that as a scan....
[09:53] {Threei} plus, want to start trying techs
[09:53] {Threei} and risk is negligible on this setup, 7 cents
[09:53] {Threei} no
[09:53] {esemde} true
[09:53] {Threei} just went over former tech names
[09:53] {Threei} to see if any of them has something attractive to try
[09:54] {dino} ouch bucy
[09:54] {Threei} if market ramps up nicely, RMBS will also be interesting on 18 break
[09:55] {esemde} are you looking for any sort of volume indication.....
[09:55] {esemde} support or something
[09:55] {esemde} i've been watching nvda for a week or so now
[09:55] {Threei} just for the right chart configuration
[09:56] {Threei} TASR
[09:56] {Threei} STRENGTH BEING ATTRIBUTED TO RENEWED TAKEOVER CHATTER
[09:56] {esemde} i want to go long around the 13.50 range .....
[09:58] {Threei} TASR actually doesn't look bad
[09:59] {Threei} NVDA invalidated
[10:00] {Threei} *JULY CONSTRUCTION SPENDING (M/M): -0.6 V -0.4%E
[10:00] {Threei} *AUG ISM MANUFACTURING: 49.9 V 50.0E; PRICES PAID: 77 V 82.0E
[10:04] {Threei} Long Setup: COCO 14 if stays above 13.85
[10:04] {Threei} keep an eye on APOL as leading indicator
[10:05] {judijim} good morning everyone
[10:05] {Threei} jj :)
[10:06] {magoo} jj:)
[10:07] {Threei} careful with COCO if you went for it
[10:07] {Threei} let's tighten it to .89
[10:08] {Onix} in COCO @ 14
[10:08] {Threei} APOL needs to bounce from here to provied additional impulse to COCO
[10:09] {Threei} no worky
[10:10] {dino} scanner going red fast fwiw
[10:11] {Onix} stopped COCO
[10:17] {Threei} USO is likely to drop from here
[10:18] {Threei} Long Setup: UAUA .92
[10:18] {Threei} .79 stop
[10:19] {Threei} UAUA 1:1, out
[10:19] {magoo} out .06 TY
[10:19] {Threei} welcome
[10:19] {Threei} maybe capable of more but wat to keep sure wins for now
[10:19] {magoo} yeah, we can reload it
[10:20] {Threei} can reenter, can't re-exit
[10:20] {Threei} vadism of the day
[10:21] {hawkfan4} lol, i like that
[10:22] {Threei} FITCH LOWERS RATINGS ON FNM AND FRE PREFERRED STOCK TO BBB-, AFFIRMS AAA ID RATING AND AA- SUB DEBT RATINGS
[10:22] {Threei} - Reminder: Back on 8/06 Fitch cut FRE's preferred stock to A from A+, placed subordinated debt on watch negative.{FRE FNM XLF}
[10:23] {Threei} I wish I knew what that means lol
[10:23] {Threei} FRE has a look of two-sided setup
[10:23] {Threei} 4.96 long if stays above 4.80;
[10:23] {Onix} notr mortals to know
[10:24] {Threei} 4.79 short if stays below 4.95
[10:24] {dino} means stock no good, bonds will survive
[10:24] {_csepulve33} hi
[10:24] {Threei} good morning csepulve
[10:24] {dino} gm
[10:24] {Threei} move chair closer
[10:24] {Threei} but they mentioned preferred, no common dino
[10:24] {Threei} that's what confuses me
[10:25] {Threei} anyway, let's not overanalyze it
[10:25] {Threei} setu is setup
[10:25] {dino} same meaning, preferred will drop, may survive, may not
[10:25] {Threei} got it, ty
[10:25] {dino} remember, the bonds are the roots of the tree
[10:26] {Threei} certainly
[10:26] {Threei} but they can keep bonds obliogations while killing commons
[10:26] {dino} common = leaves, preferred = limbs
[10:26] {_csepulve33} hi, I am on a trial in this chat, can anyone tell me how it works?
[10:26] {Threei} simple... observe the calls and comments
[10:26] {Threei} trade those you feel safe with
[10:27] {dino} its a jungle
[10:27] {Threei} don't hesitate to ask questions
[10:27] {dino} apol stalking
[10:27] {_csepulve33} Do you trade only stocks?
[10:27] {Threei} we exited UAUA just in time, eh?
[10:27] {Threei} mostly, yes
[10:27] {Threei} ETFs sometimes
[10:28] {_csepulve33} eminis?
[10:28] {Threei} not per se,
[10:28] {Threei} a lot of comments can be applied to e-minis
[10:28] {Threei} but mostly we use them as leading indicators
[10:28] {dino} 100% stocks for me
[10:28] {_csepulve33} Can I ask why do you dont trade the eminis?
[10:29] {Threei} one can't trade everything on earth... we like to diversify
[10:29] {Threei} and stocks provide wider range of opportunities
[10:29] {_csepulve33} ahh that ok, I ask simple because people think futures are more risky and fast than stocks
[10:30] {Threei} in a way, yes
[10:30] {Threei} let's tighten FRE setup
[10:30] {Threei} 4.93 long if stays above 4.85
[10:31] {_csepulve33} Where is Vad? he is in this room?
[10:31] {Threei} a bit less confidence, trade-off is tighter stop
[10:31] {Threei} that would be me
[10:31] {Threei} for a short side of this setup I still prefer 4.79 as a trigger
[10:31] {fernp} out ABK +.15 (easy money)
[10:32] {Threei} gj
[10:32] {Threei} magoo, have a look at UAUA
[10:32] {magoo} see it
[10:32] {Threei} aren't you glad we kept our expectations to a scalp
[10:32] {dino} apol sm s .25, stop .63
[10:32] {magoo} still seems to be the way 6o go vad
[10:32] {magoo} to
[10:33] {Threei} yeah, we are just starting fall trading
[10:33] {Threei} chan ge doesn't occur in one day
[10:33] {magoo} chan ge? oriental saying?
[10:33] {Threei} change
[10:33] {Threei} with hiccup
[10:33] {Onix} lol
[10:37] {Threei} Long Setup: LNCR .60 half lot
[10:37] {Threei} if stays above .50
[10:38] {_csepulve33} LNCR on 1 minute time frame?
[10:38] {Threei} yes
[10:40] {Threei} oil bounce keeps a lid on the market for now
[10:40] {magoo} fre short
[10:40] {Threei} profit taking should come soon though, and is likely to be severe
[10:41] {_csepulve33} are you trying to buy breakout at 33.57 on LNCR?
[10:41] {Threei} stop .93 for FRE
[10:41] {Threei} it got invalidated by losing .50 support, csepulve
[10:41] {Threei} not interested anymore
[10:42] {_csepulve33} ok
[10:43] {dino} v sm s rimm .05 wide
[10:46] {Threei} Attention: FRE stop to 4.85
[10:46] {Threei} don't want to run into double bottom
[10:49] {dino} apol bstop to .61
[10:49] {dino} expect slip
[10:49] {Threei} most likely scenario: pne more bounce USO, no new high, and down
[10:49] {Threei} missed UAUA entry, hoping for pullback
[10:50] {Threei} as close to .50 as possible
[10:50] {dino} rimm nstop to b/e
[10:51] {dino} rimm stopped reverse slip .98, +.07
[10:51] {_csepulve33} FREE starts to run
[10:52] {_csepulve33} FRE sorry
[10:54] {Threei} here comes USO bounce
[10:56] {dino} apol bstop to .29
[10:56] {dino} out/cover +.96
[10:56] {Threei} wtg
[10:56] {dino} ty
[10:56] {dino} darn rimm would've worked too
[10:57] {Threei} out FRE
[10:58] {Threei} UAUA not pulling back enough
[10:58] {Threei} .68 is a bottom of a pullback
[10:59] {esemde} first day of work early staff meeting.........see you all tomorrow.....
[10:59] {Threei} take care ese
[10:59] {esemde} see ya vad
[11:01] {dino} bye es
[11:01] {magoo} c u es
[11:04] {Threei} stsi
[11:04] {Threei} thing is still holding
[11:05] {Threei} 3.70 break is probably one more scalp opportunity on it
[11:05] {Threei} if holding above 3.55
[11:07] {dino} v sm ma l .15
[11:09] {cosmo} NVDA needs to hold 12.65 imo
[11:09] {Threei} if USO breaks .30 backing off longs for now
[11:10] {Threei} need it to lose 88 while not going above 88.30
[11:11] {Threei} if that happens, grab UAUA with stop under .80
[11:14] {dino} cedc death again
[11:18] {cosmo} NVDA tests lod
[11:18] {Chaeron} GM all\
[11:19] {dino} gm
[11:19] {Threei} chaeron :)
[11:22] {Threei} well USO?
[11:22] {Threei} make up your mind
[11:22] {hawkfan4} fakes left, goes right
[11:25] {Threei} don't like this spike... can't tell if it's last gasp or real strength
[11:26] {dino} gild
[11:32] {dino} cedc sm l .40 stop .07
[11:38] {dino} iclr spike
[11:42] {Threei} SAPE??
[11:44] {hawkfan4} nothing here
[11:44] {Threei} last week news
[11:44] {dino} cedc not moving, tighten to .23
[11:47] {dino} ced stopped slipped to .17 ave -.23
[11:48] {peterg} out cedc -.11
[11:48] {dino} ttgt
[11:49] {dino} good stop peter, sorry bud
[11:49] {peterg} no prob, tks for advices
[11:50] {dino} gild sm l .63 stop .27
[11:50] {peterg} glid
[11:51] {peterg} wrong screen
[11:52] {Threei} STSI is till valid
[11:55] {pita} later all - good luck, day job calls
[11:55] {Chaeron} bye pita
[11:55] {magoo} c u pita
[11:55] {dino} cya pita
[11:56] {Threei} take care pita
[11:57] {Threei} well STSI... if you can take .75 I will be very impressed
[11:58] {Threei} I am impressed
[12:06] {dino} pcln wants 100
[12:08] {Threei} we are in lunch time, take STSI profit as you see fit
[12:08] {hawkfan4} nice one, thx vad
[12:08] {Threei} welcome
[12:16] {dino} one more spike ttgt imo
[12:23] {dino} sm s ttgt .03 stop .39
[12:28] {magoo} this market BLOWS
[12:36] {Threei} watching RIMM for bounce
[12:37] {Threei} quick dive under 120 should be it
[12:38] {dino} waiting at 119.20
[12:42] {Threei} doesn't want to lose 120
[12:43] {Chaeron} there you go
[12:43] {Threei} OK
[12:47] {Threei} one more leg down is needed
[12:47] {Threei} still no mesningful strength
[12:47] {Threei} dino's idea of entry looks right
[12:49] {Threei} STSI is probably exhausting its move
[12:49] {Threei} quick spike to .95 aand drop all the way back to where spike started feels like last legs
[12:52] {dino} i don't know maybe lower
[12:54] {magoo} i have apptmt..will be leaving shortly
[12:54] {dptl} got to go...have a good rest of the day ,see ya tomorrow
[12:54] {Threei} take care dp
[12:54] {dino} that was it
[12:55] {dino} take care you two
[13:00] {Threei} SOLR
[13:00] {Threei} SINGS $173M CONTRACT
[13:02] {Threei} T BOONE PICKENS EXPECTS OPEC TO TRIM PRODUCTION AT SEPT 9 MEETING AND DEFEND $100/BARREL LEVEL - CNBC COMMENTS
[13:02] {Threei} - Pickens says oversupply in natural gas could lead it to drop to a $6 handle{
[13:07] {dino} beat drop
[13:17] {dino} beat sm l .25 stop .87
[13:21] {Threei} how about that drop STSI
[13:22] {dino} hmmm
[13:27] {Threei} I don't think it's worth entry
06[13:28] * Threei slaps laserdave1 around a bit with a large trout
06[13:28] * Chaeron slaps laserdave1 around a bit with a large trout
[13:29] {Threei} just following up my earlier comment on STSI exhausting its move
[13:34] {Threei} what's with SANM
[13:35] {Threei} last news about a month ago
[13:35] {dino} xtex
[13:35] {dino} tyin
[13:36] {dino} thin
[13:43] {Threei} President Nicolas Sarkozy's key electoral promise to allow the French to "work more to earn more" has hit a major snag: most have no desire to put in extra hours to raise their wages, a poll has found.
[13:43] {Threei} really...
[13:43] {Threei} thank you for letting me work but I don;'t want to
[13:45] {dino} roflol
[13:48] {dino} ttgt bstop to .62
[13:51] {dino} wow rimm
[13:51] {dino} wants 115 maybe
[13:52] {Threei} market drop takes RIMM with it...
[13:52] {dino} gild stopped -.36
[13:54] {dino} more like rimm leading market
[13:57] {dino} ttgt bstop to .52
[14:09] {dino} to .43
[14:12] {dino} patience, feeling 70 dji points down for a 300 pt range day
[14:12] {patience} you should see the tsx for a down day
[14:13] {dino} how much?
[14:13] {patience} -345 points
[14:14] {dino} in any case, talking heads gave reason oil down market up huge earlier, what do they say now, as i'm not listening
[14:14] {dptl} i am back:)
[14:14] {Threei} welcome back dp :)
[14:14] {patience} me neither dino, i'm just waiting for a 'v' shaped bounce
[14:15] {dptl} ty:)
[14:15] {Threei} that's one remarkable reversal
[14:15] {dino} same idea patience, wondering if the 11300 area comes into play once more
[14:15] {patience} seems so
[14:17] {dino} dji neg.
[14:18] {dino} ttgt to .34
[14:19] {patience} hey dino, where is magoosky
[14:20] {dino} slipped stopped/cov .35, +.68
[14:21] {dino} beat stop to .65
[14:22] {dino} he left early, his son messed his shoulder up racing, dr. appt.
[14:23] {patience} ouch
[14:26] {dino} beat to .89
[14:26] {Threei} RIMM break of 118 is worth a try long
[14:27] {Threei} under .80 invalidated
[14:28] {dino} oh man beat slipped out aver .85 +.60
[14:36] {dino} rimm sm l .20, stop .79
[14:38] {dino} stopped
[14:38] {Threei} quite a powerful selling today
[14:38] {patience} tsx down -394
[14:39] {dino} indeed about -250
[14:40] {dino} ouch tsx
[14:54] {dino} ok here's the 300 range
[14:56] {Threei} time to bounce soon
[14:56] {Threei} probably another leg down still
[14:57] {Threei} but oberall, end of selling for today should be close
[14:57] {dino} around -100 imo
[14:58] {dino} rimm bottom, sm l .00 trig
[15:02] {dino} l gild .00, stop .73
[15:08] {Threei} upward momo starts
[15:16] {Threei} what do you want from RIMM dino? 118.50?
[15:16] {dino} wanted at least .60
[15:17] {dino} ideally blow thru .60, tighten to that and let it ride.
[15:17] {dino} my gut says we finish green
[15:17] {Threei} I concur
[15:17] {patience} first trading day of the month, fund managers repositioning
[15:17] {patience} gotta get some decent recents for third quarter
[15:18] {patience} returns
[15:18] {patience} yeesh
[15:18] {dino} starting bad imo
[15:19] {dino} .60 is tough walkl
[15:19] {dino} wall
[15:20] {dino} ok tighten
[15:20] {dino} out +.60
[15:21] {dino} too tight
[15:25] {dino} gild out .24 +.24
[15:29] {_csepulve33} bye everyone.....thanks for everything see you tomorrow
[15:29] {hawkfan4} take care
[15:31] {Threei} here come my 118.50 RIMM
[15:31] {Threei} (hopefully)
[15:32] {dino} way to hold
[15:32] {Threei} was very much confident in reversal
[15:32] {Threei} [15:08] {Threei} upward momo starts
[15:34] {Threei} out .41
[15:34] {Threei} 9 cents shy
[15:34] {Threei} ty dino
[15:36] {dino} sm l .gs .50
[15:37] {dino} :)
[15:52] {dino} out gs .89, +.39
[15:52] {fernp} gj
[15:52] {Threei} wtg
[15:53] {Threei} OK guys, thank you all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {hawkfan4} thx vad
[15:53] {dino} ty
[15:53] {fernp} bye
[15:53] {dino} yeah, calling it a day here too, decent one, just strange
[15:54] {Threei} a bit, yeah
[15:54] {Threei} transition period
[15:54] {peterg} transition to.......the future!
[15:54] {Threei} will take a few for market to get back from vacation mode in working mode
[15:54] {peterg} some vacation
[15:54] {peterg} not
[15:55] {dptl} have a good evening all
[15:55] {peterg} so long all til tmo
[15:55] {dino} take care all.
[15:56] {peterg} and to all a good night (santa claus?)
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