Started out slow and boring, and for quite a while seemed to stay this way; even very nice GS trade hasn't brought much since it was offset by a few stops. Then last hour activity brightened the day as we were able to nail almost exact reversal point. All in all, ended up nicely.
Session Time: Tue Nov 18 00:00:00 2008
[07:54] {Threei} 11/18/08 07:30am
[07:54] {Threei} [IDMI] IDM Pharma Inc EU's CHMP provides positive recommendation for approval of Mifamurtide for non-metastatic, resectable osteosarcoma
[07:54] {Threei} - EU's CHMP issued a positive opinion, recommending grant of a centralized marketing authorization for mifamurtide (L-MTP-PE), known as MEPACT in Europe, for the treatment of patients with non-metastatic, resectable osteosarcoma, a rare and often fatal bone tumor that typically affects children and young adults.
[08:30] {Threei} *OCT PRODUCER PRICE INDEX M/M: -2.8% V -1.9%E
[08:30] {Threei} PPI EX FOOD&ENERGY M/M: 0.4% V 0.1%E
[08:33] {Threei} UAUA
[08:33] {Threei} FEDERAL COURT ISSUES PRELIMINARY INJUNCTION AGAINST ALPA TO PROTECT UNITED CUSTOMERS, EMPLOYEES
[08:44] {Threei} 11/18/08 08:05am
[08:44] {Threei} [XTLB] Biopharmaceuticals ADS Top-line results from the Bicifadine Phase 2b Study for Diabetic Neuropathic Pain failed to meet primary and secondary endpoint
[08:44] {Threei} - The trial's primary objective was to compare the efficacy of two doses of Bicifadine against placebo in reducing pain associated with diabetic neuropathy.
[08:44] {Threei} - The primary endpoint of the study was the reduction in pain score during the course of treatment.
[08:44] {Threei} - The company announced that the study failed to meet its primary endpoint.
[08:44] {Threei} - The trial also failed to meet secondary endpoint
[08:45] {Threei} wow
[08:45] {Threei} is that for real?
[08:48] {hawkfan4} good morning
[08:48] {lisa_jay} Goodmorning everyone.
[08:48] {Threei} hawk :)
[08:48] {Threei} lisa :)
[08:49] {Threei} imagine being an investor in XTLB and waking up to this
[08:49] {magoo} morning
[08:50] {hawkfan4} 7 cents/share? ouch
[08:52] {Threei} magoo :)
[08:52] {lisa_jay} 9:30 Hank and Bernanke speech
[08:52] {lisa_jay} hope i got the time correct.
[08:52] {Threei} amazing adventures of hank and bernie?
[08:53] {magoo} is UAUIA news significant?
[08:53] {Threei} market doesn't think so
[08:54] {Threei} market serious recovery from lows
[08:54] {Threei} lifted by HPQ guidance I suppose
[08:54] {magoo} PPT being discussed on CNBC
[08:54] {magoo} so its real
[08:54] {magoo} no, now saying its crap
[08:54] {magoo} lol
[08:54] {Threei} lol
[08:55] {magoo} goes back to 87 crash...tooth fairy tales lol
[08:55] {magoo} hey vad, how can we lose taking some XTLB long? bottom is .07 cents
[08:55] {magoo} upside could be dollar
[08:56] {magoo} was news that bad?
[08:56] {Threei} I've no idea
[08:56] {Threei} I mean, it's bad,
[08:56] {Threei} but main question is
[08:56] {Threei} is this the end of the company? Or they have somehting else to fall back on?
[08:56] {magoo} well we take 1000 syhares it goes to zero..we lose 70 bux
[08:56] {Threei} I am not up to researching that, sorry :)
[08:57] {Threei} yeah, this kind of research I understand
[08:57] {magoo} 2k..140 bux risk..where am i missing here?
[08:57] {Threei} with only correction, I'd consider 150-200 bucks a non-issue
[08:57] {Threei} and took 2-3K
[08:57] {magoo} u did already?
[08:57] {Threei} no but finger on a trigger
[08:58] {Threei} ultimate risk-based setup
[08:59] {Threei} meaning, no idea what odds of it working are, but even if it's less than 50%, risk is negligible and upside is lucrative
[08:59] {lisa_jay} True Speculators....
[08:59] {Threei} how often do you get a shot at $1000 for the price of $150? :)
[09:00] {magoo} let me know when u go ok? im going too
[09:00] {Threei} shurg... any kind of buying coming in
[09:00] {magoo} no
[09:00] {Threei} let's say .8 getting hit
[09:00] {Threei} there you go
[09:00] {magoo} now
[09:00] {Threei} why not :)
[09:01] {Threei} who cares wherther it's .07 or .08? :)
[09:02] {lisa_jay} r u in Vad or Magoo?
[09:02] {lisa_jay} XTLB
[09:02] {Threei} yes, .09
[09:02] {Threei} .08
[09:02] {lisa_jay} 1 lot or 2?
[09:02] {Threei} 2
[09:03] {magoo} in .09
[09:03] {Threei} from the beginning of this trade it's "money thrown out" in my mind
[09:05] {Onix} Good morning all
[09:05] {Threei} onix :)
[09:05] {KSystems} good morning
[09:05] {Threei} ks :)
[09:05] {KSystems} vad :
[09:05] {KSystems} )
[09:11] {dptl} good morning all
[09:11] {Geo} you bought 2 lots vad?
[09:11] {Geo} gm :)
[09:11] {Threei} dp, geo :)
[09:12] {magoo} vad, any recent news bidu ?
[09:12] {magoo} also goog, cme?
[09:12] {Threei} BIDU no
[09:12] {Threei} GOOG no
[09:13] {Threei} CME no
[09:14] {Geo} i bought 2 lots at .09 hehehehe
[09:14] {Threei} you are up 40 bucks
[09:14] {Geo} yeah
[09:14] {Geo} way to go setup vad
[09:14] {Geo} :)
[09:14] {Threei} lol
[09:14] {Geo} might erase yesterday's pain
[09:15] {magoo} i called laserdave, i wanted 10k he he
[09:15] {Geo} magoo lol
[09:15] {magoo} he not awake
[09:15] {Geo} reminds me of the wachovia 7 cent story
[09:15] {Threei} pain?
[09:15] {Threei} sheesh
[09:16] {ese} morning......
[09:16] {Threei} we need to agree on some definitions
[09:16] {Threei} ese :)
[09:16] {Geo} this dude bought 10 thousand dollars of wachovia at 7 cents and sold by 7 dollars
[09:16] {Geo} made a few mills
[09:16] {Threei} 'cause if $96 loss for the day is a definition of pain
[09:16] {Geo} not the money vad
[09:17] {Geo} watching lord vader fruystated was painfull
[09:17] {Geo} lol
[09:17] {Threei} frustrated?
[09:17] {Threei} I must be projecting something that I don't even know about, lol
[09:17] {Geo} so why does p/l stuck on last of 2.23 vad?
[09:17] {Threei} bored out of my mind
[09:18] {Threei} before open it's probably based on closing price
[09:18] {laserdave1} magoo dcc please
[09:18] {Geo} ahhh
06[09:18] * Threei slaps laserdave1 around a bit with a large trout
[09:19] {lisa_jay} Nice XTLB
[09:20] {Threei} plan:
[09:20] {dino} gm all
[09:20] {Threei} dino :)
[09:20] {Threei} putting it for sale at .50, going for a smoke, returning and if it's still there hitting sell button not looking at the price
[09:20] {Threei} just kidding... but going for a smoke nonetheless
[09:20] {cosmo} smoke?
[09:21] {muddleheaded} Hi.
[09:25] {cosmo} ONNN: # ON Semiconductor withdraws from proposal to acquire Atmelat MarketWatch(Tue 9:13am)
[09:26] {Threei} mudd :)
[09:26] {Threei} what, not .50 yet??
[09:26] {dino} clf cx's their buyout of alpha
[09:27] {peterg} morning
[09:27] {Threei} peter :)
[09:29] {Onix} hi dino, mudd, peter
[09:29] {peterg} onix
[09:30] {Threei} TREASURY SEC PAULSON: TARP NOT A 'PANACEA' FOR ALL ECONOMIC DIFFICULTY
[09:31] {peterg} thanks hank for the reality bite4
[09:31] {peterg} bite
[09:31] {Threei} FED'S BERNANKE: THERE ARE SOME SIGNS CREDIT MARKET IS IMPROVING, FED MONEY MARKET FINANCING SHOULD BE UP AND RUNNING NEXT WEEK
[09:31] {peterg} NYT sez to GM: chapter 11 is for U
[09:32] {peterg} cites British Leyland as example of good money after bad
[09:33] {Geo} whats targets on xtlb vad?
[09:33] {Threei} lol, I've no idea
[09:33] {Geo} lol
[09:33] {Threei} LVS
[09:35] {Threei} nah, never mind
[09:35] {Threei} no structured setup
[09:39] {dino} pru sm l .75 wide
[09:45] {Threei} Long Setup: ADBE 23 break half lot
[09:46] {Threei} stop under .80
[09:46] {Threei} for scalpers under .9-
[09:46] {Threei} .90
[09:52] {lisa_jay} Stopped on ADBE
[09:54] {Threei} yup
[09:54] {Onix} yup
[09:54] {Threei} wow CME
[09:55] {Threei} brutal
[09:56] {dino} no mercy
[10:01] {Threei} GE
[10:01] {Threei} RECALLING 244K WALL OVENS DUE TO RISK OF FIRE
[10:01] {Threei} so, not only they can't manage finances, they can't make appliances either?
[10:02] {Threei} Long Setup: DELL .52, stop under .40
[10:04] {laserdave1} magoo dcc please
[10:06] {Threei} FMCN some power
[10:06] {Threei} watching, not sure of entry yet
[10:07] {Threei} obvious setup is .40 break, little C&H
[10:07] {Threei} and nice juicy offer at .37 to take
[10:08] {Threei} will depend on where it bottoms out before break
[10:08] {Threei} ideally, if holding this .30 level
[10:10] {Threei} (US) FDIC BAIR: CONFIDENCE IN MARKETS HAS BEEN 'DEEPLY SHAKEN'
[10:11] {Threei} and I thought I was master of stating the obvious
[10:12] {lisa_jay} dELL still valid Vad?
[10:12] {Threei} DELL spiked into resistance a bit too fast
[10:12] {lisa_jay} ok, thanks
[10:12] {Threei} I'd love to see one more pullback before triggering
[10:12] {dino} urbn l .40 stop lod
[10:12] {Threei} too easy to turn into trap
[10:14] {Threei} any dive to or under .50 on DELL while market remains strong, going to grab it
[10:14] {Threei} chasing, nah... too tortured move
[10:15] {Threei} FMCN offer disappeared
[10:15] {Threei} too bad, was a great indication
[10:16] {lisa_jay} q;s reverse h&s?
[10:16] {Threei} nonetheless, still valid as long as you align position size with stop under .25, plus some slippage
[10:16] {Threei} yes lisa
[10:17] {Threei} DELL got away
[10:17] {Threei} oh well
[10:18] {Threei} Long Setup: INTC .11 if stays above 13
[10:21] {dptl} long intc,long fmcn
[10:22] {Threei} FMCN looks encouraging
[10:23] {Threei} stop can be trailed to under .30
[10:24] {Threei} these sudden market jerks are annoying
[10:27] {Threei} seeing these big bids on FMCN, I'd suggest stop trailing to under .35
[10:27] {Threei} risk will be minimized, and if those bids are hit or withdrawn, it's most likely will go lower anyway
[10:27] {Threei} makes sense?
[10:27] {dptl} yep
[10:27] {Threei} kewl
[10:28] {Onix} in FMCN 7.42 & INTC 13.11
[10:28] {Threei} ok market
[10:28] {Threei} time to do something stunningly stupid
[10:29] {lisa_jay} Same here Onix.
[10:29] {Threei} like go up couple hundred points
[10:29] {Threei} then look down, feel dizzy and drop all the way back
[10:29] {Onix} i like your attitude Vad
[10:30] {Threei} magoo... we have 1:1 on XTLB {VBG}
[10:30] {Threei} out FMCN
[10:30] {dptl} stopped fmcn
[10:30] {lisa_jay} FMCN Stopped
[10:31] {Threei} this was brilliant stop tightening
[10:31] {Threei} look how much it saved us
[10:32] {lisa_jay} :-)
[10:32] {Onix} stopped
[10:33] {Threei} extreme risk control here would be INTC stop trail to .04
[10:34] {Threei} not sure it's worth it
[10:34] {dino} clf sm l .90
[10:34] {Threei} decide for yorself depending on tolerance
[10:34] {Threei} chart wise it makes sense,
[10:35] {Threei} but with this market jerkiness it may be too easy to get stopped out prematurely
[10:35] {Threei} so it's more about whether those 5 cents saved are important for you
[10:37] {dino} clf stopped
[10:39] {dino} i am turning into a rinse machine,
[10:39] {Threei} market is set on a Wash Rinse Repeat cycle
[10:40] {dino} don't follow me today anyone, i'm trying different sizes/stops
[10:41] {Threei} now trailing to under .05 makes more sense on INTC
[10:44] {dino} urbn stopped -.17
[10:46] {magoo} vad, still in XTLB?
[10:46] {Threei} yeah but not delighted
[10:46] {magoo} no enthuisiam
[10:46] {Threei} this kind of drop often causes initial quick countereaction
[10:47] {Threei} when it's dragged out for so long, it can do anything
[10:47] {Threei} or nothing
[10:47] {magoo} longer it takes...nothing more likely
[10:48] {Threei} yeah
[10:48] {dino} uthr sm s .58, stop .08
[10:49] {Threei} I'll set a stop under .16 mags
[10:49] {dino} well that was fast
[10:49] {dino} i pretty much suck this week
[10:49] {Threei} mostly out of lack of desire to nutrure it
[10:50] {Threei} week just started dino... we both have a lot of opportunities to suck much more
[10:50] {lisa_jay} Breakouts are all failing.
[10:51] {Threei} we tried two so far, both did
[10:51] {hawkfan4} it could be worse, i suck and i have the ZLOB virus on my main machine
[10:51] {Geo} my wife thinks i am a zlob
[10:51] {hawkfan4} LOL
[10:52] {Threei} lol
[10:52] {lisa_jay} Sorry to hear that Hawk.
[10:52] {Threei} easy to remove hawk
[10:52] {lisa_jay} Now Q's h & s
[10:52] {hawkfan4} really? please help
[10:52] {lisa_jay} ?
[10:52] {Threei} http://www.symantec.com/security_response/writeup.jsp?docid=2005-042316-2917-99&tabid=3
[10:53] {hawkfan4} cool beans, i'm on it :) thx
[10:56] {Threei} if you don't have Norton, here is instruction how to remove it manually... a bit labortous but still easy
[10:56] {Threei} http://www.spywareremove.com/removeZlob.html
[10:56] {dptl} what does it do...zlob?
[10:56] {hawkfan4} yeah, i've been trying manually. nasty thing disabled my AVG free and won't let me browse to any spyware websites
[10:58] {Threei} dp... ruins your marriage, kills your liver and moves around everything on your desk so you can't find anything
[10:58] {dptl} geee nasty thing... lol
[10:59] {Threei} yeah, creators tried to imitate the alcohol overconsumption impact
[11:03] {lisa_jay} Q's broke down...
[11:05] {Geo} scratched INTC
[11:06] {Geo} choppppppy today
[11:06] {lisa_jay} Yes.
[11:07] {Threei} little scalps on bounces is about all you can do in this market
[11:07] {Threei} takes a lot of patience to wait this chop out
[11:08] {lisa_jay} Mental paper trading helps...
[11:08] {lisa_jay} :-)
[11:08] {Threei} sure
[11:08] {Threei} it's a kind of "if market does nothing, that's about all you can do" thing
[11:09] {lisa_jay} Paper trade - long q's at .35, stop under .30
[11:10] {dptl} stopped intc
[11:15] {Threei} FED'S BERNANKE: USD REMAINS 'PREMIER' WORLD CURRENCY, USD SYSTEM 'NOT DEAD'
[11:16] {Threei} what kind of wording is that...
[11:18] {dino} "undead"
[11:18] {dino} fcx l .00
[11:19] {dino} deck blood
[11:19] {Threei} quote of the day:
[11:19] {Threei} “The system has to be set up so an idiot can run it. Because eventually one will.”
[11:21] {Geo} did you pitch xtlb vad?
[11:22] {Threei} ditch?
[11:22] {Threei} yes
[11:22] {Geo} .16?
[11:22] {Threei} yup
[11:22] {magoo} me too .16
[11:22] {Geo} oh well
[11:22] {Geo} Ill sell it at a buck yet
[11:23] {lisa_jay} Nice trade Vad, Magoo, Geo.
[11:23] {Geo} ummm remove geo from that one
[11:23] {lisa_jay} You took the trade. Still up .04
[11:23] {lisa_jay} on 2 lots
[11:24] {lisa_jay} Stopped on my Q's paper trade - .06
[11:27] {Chaeron} Good morning all... sorry I'm late
[11:27] {Threei} chaeron :)
[11:27] {lisa_jay} Hi Chaeron.
[11:28] {Geo} nothing earthshattering yet chaer
[11:29] {Threei} UAUA strangely resilient
[11:30] {Chaeron} thanks guys... was hoping you'd all wait for me
[11:30] {Threei} we wouldn't... but market did
[11:30] {Chaeron} heheh
[11:30] {Threei} we actually planned on getting all the good trades before you wake up
[11:31] {Threei} but wolves decided otherwise
[11:31] {Threei} RIMM
[11:31] {Threei} STRENGTH PARTIALLY ATTRIBUTED TO RENEWED TAKEOVER CHATTER
[11:31] {Threei} - IBM rumored as a potential bidder
[11:32] {Threei} IMF'S STRAUSS KAHN: IMF REQUIRES ADDITIONAL RESOURCES AS SITUATION MAY BECOME WORSE MEDIUM TERM
[11:32] {Threei} ummm
[11:32] {Threei} are we about to bail out IMF?
[11:33] {lisa_jay} Dell
[11:33] {magoo} any interest in q play vad?
[11:35] {Threei} I wish I could see how
[11:36] {Threei} what I see is this untradable pattern:
[11:36] {Threei} loss of support,
[11:36] {Threei} immediate bounce with break of resistance
[11:36] {Threei} can't short breakdown,
[11:36] {magoo} i was thinking long
[11:36] {Threei} can't buy for bounce because it bottoms out with no indications,
[11:37] {Threei} doesn't form any bounce patterns, just goes up off some random point
[11:37] {Threei} this is a situation where any entry is practically just a crap shoot
[11:37] {muddleheaded} cosmo did you buy ONNN? Ther might be a break here.
[11:37] {magoo} feels like poer up
[11:37] {magoo} power
[11:38] {dino} hod
[11:38] {Threei} yes mags... but will you entry into such spike?
[11:38] {Threei} enter
[11:40] {Threei} pullback to about .40, maybe
[11:45] {Threei} worked like charm
[11:45] {Threei} anyone went for it?
[11:48] {Threei} loud snor is an asnwer too I guess
[11:48] {lisa_jay} Nope, did not go for it...
[11:49] {Threei} I would feel sad about being ignored, but being a married man I am quite used to it
[11:50] {dino} lol
[11:50] {lisa_jay} Here comes the power up? c'mon it's lunch time...need some money for food :-)
[11:51] {Threei} whoa MET
[11:54] {Chaeron} Joe Lieberman holds his chairmanship in the US Senate - Senate Majority Leader Harry Ried just announced
[11:54] {Threei} if this pattern of pullback.spike hoplds, then Qs next entry is pullback to .50
[11:54] {dino} met blood again
[11:55] {Threei} (EU) ECB'S LIIKANEN: ECONOMIC GROWTH DECELERATED OVER THE LAST SEVERAL WEEKS
[11:55] {Threei} growth?
[11:55] {Threei} wasn't there official admission of Germany/EU recession?
[11:55] {magoo} RIMM strong
[12:01] {lisa_jay} Does any one know when Bernanke and Paulson are done testifing?
[12:02] {lisa_jay} Thanks.
[12:02] {Threei} Long Setup: GS small shares 65 break if stays above 64.70
[12:07] {dino} deck
[12:07] {Threei} in GS .65, stop under .50
[12:07] {Threei} in Qs .49, stop under .40
[12:08] {dawg} in GS .67
[12:09] {Threei} come on GS, break
[12:10] {dptl} in q's too
[12:11] {Threei} good boy GS
[12:11] {magoo} in gs.q
[12:11] {magoo} wait gs .47
[12:11] {Threei} half out 65.19
[12:12] {dawg} half out .24
[12:12] {Threei} scalpers just get out
[12:12] {Threei} sharp spike
[12:13] {dawg} jout in full .29
[12:13] {Threei} daytraders, feel free to exit here
[12:13] {magoo} out here .37 TY BOSS
[12:13] {Threei} out .49 in full
[12:13] {Threei} whew
[12:13] {Threei} finally nailed a good one
[12:13] {magoo} really :)
[12:13] {Threei} +.84
[12:14] {Threei} if my math is correct
[12:14] {Chaeron} can you feed the Q's what you gave GS? :)
[12:14] {Threei} hash brownie?
[12:14] {peterg} good old days
[12:15] {Threei} this is "patience is a virtue" in action
[12:15] {Threei} waiting half of the day, to finally get a worthy one
[12:15] {Geo} ahhhh you saying patience is virtuous
[12:16] {patience} very
[12:16] {dptl} come on q's
[12:17] {Chaeron} hmmm... another oil tanker pirated? geesh
[12:18] {Threei} really/
[12:18] {Threei} ?
[12:18] {Chaeron} yeah... was on tv...
[12:18] {Geo} what has the world come too
[12:18] {dino} good girl patience
[12:18] {Geo} we cant control a bunch of rag tag somalies in rubber duckies
[12:18] {Chaeron} I think I'd look dashing with a sword
[12:18] {Threei} don't you find it hard to believe this kind of things is possible in 21st century?
[12:18] {Chaeron} oh not a tanker I think... just a ship
[12:19] {Chaeron} I'll find story
[12:19] {Chaeron} ... if you get Q's over .70
[12:19] {dino} either way pathetic
[12:19] {Threei} piracy was supposed to be this romanticized thing of the past... black patch over one eye, wooden leg, parrot on the shoulder, "ahoy mate"...
[12:19] {Geo} now its called investment bamking
[12:19] {Threei} bamking is right
[12:20] {dptl} damn it...stopped q's
[12:20] {Geo} sheesh
[12:20] {Geo} kille din Q and missed GS
[12:20] {Geo} i need how coco
[12:20] {Geo} hot
[12:21] {KSystems} I could offer you got salmon-flavoured coffee
[12:21] {KSystems} got=hot
[12:21] {dptl} taking a break...nothing but frustration this month for me...
[12:21] {Geo} thanks K
[12:21] {Chaeron} BEIJING, Nov 18 (Reuters) - A Hong Kong cargo ship loaded with wheat bound for Iran has been hijacked by pirates in the Gulf of Aden, the official Xinhua agency said on Tuesday citing China's maritime search and rescue centre.
[12:22] {Geo} wheat eh? wink wink
[12:22] {Threei} so they have bread and oil now
[12:22] {KSystems} what more do you need
[12:22] {KSystems} *sigh*
[12:22] {Threei} as soon as they hijack a ship loaded by CEDC, they are set
[12:29] {Threei} SENATOR SHELBY: THERE IS PRETTY MUCH NOTHING THE HEADS OF THE BIG THREE CAN SAY TO CONVINCE ME THEY DESERVE A BAILOUT
[12:29] {Threei} - Calls GM and Ford businesses based on a "failed model." A bailout would be "postponing the inevitable."
[12:30] {Threei} I think it was Unforgiven
[12:30] {Threei} "Deservin' ain't gotta do nothin' with it"
[12:31] {Threei} who cares whether they deserve it or not
[12:31] {Threei} think in categories of whether it's going to resolve something or not
[12:32] {dino} all they need is debtor guaranteed financing, chapter 11 bankruptcy. the govt. could do this much cheaper than forestalling the inevitable
[12:44] {Threei} whole discussion is somewhat out of this universe
[12:44] {Threei} I don't see anyone seriously addressing what is going to change the situation if they get money
[12:45] {Threei} is it just to finance current patroll and other expenses?
[12:45] {Threei} what to do after they burn through it?
[12:45] {Threei} if not, what is the money for?}
[12:50] {Geo} .
[12:51] {Threei} yeah
[12:51] {Geo} ok still here
[12:51] {Threei} let's paper shor Qs here
[12:51] {Threei} stop above .25
[12:57] {dino} some pain out there today, pru, met, deck, all infra stocks
[13:00] {Threei} NOV NAHB HOUSING MARKET INDEX: 9 V 14E
[13:01] {Threei} 1:1
[13:02] {Threei} thank s to bad housing numbers
[13:05] {Threei} AN ALL TIME LOW
[13:05] {Threei} - no revisions
[13:05] {Threei} - Reports notes that new lenders have pulled back as far as offering new loans
[13:05] {Threei} - NAHB Chmn "Tremendous economic uncertainties have driven consumers from the housing market, and it's going to take some major incentives to bring them back"
[13:07] {magoo} are we breaching any important support levels here?
[13:07] {Threei} not yet for NASDAQ
[13:07] {Threei} nor on DJI
[13:11] {Threei} this patient sitting out takes more energy than actually doing something, lol
[13:11] {Geo} why vad?
[13:11] {Threei} watching RIMM for bounce off 45 if market bounces
[13:12] {Geo} yo doing situps?
[13:13] {peterg} just went shopping to target & got cleaning supplies
[13:13] {peterg} shoppers shopping
[13:14] {peterg} no big ticket items
[13:14] {peterg} has anyone got a recommendation for toilet bowl cleaners?
[13:14] {Geo} in
[13:14] {peterg} what
[13:15] {magoo} dino cleans a mean tiolt
[13:16] {patience} ok, dino, looking forward to hearing your techniques
[13:16] {Threei} I am getting scared even thinking what this dicsussion will turn into in just a couple moments
[13:16] {peterg} I know, it was my bad
[13:16] {peterg} :)
[13:16] {Geo} out for .10
06[13:16] * Threei slaps Geo around a bit with a large trout
[13:16] {peterg} on Rimm?
[13:17] {Geo} well you guys were cleaning rimms !!!!
[13:17] {peterg} lol
[13:17] {peterg} also gj
[13:18] {Threei} RIMM... .80 break short if stays under 45
[13:18] {Threei} smaller shares, bigger hold
[13:19] {Threei} 20-25 cents stop is not much fore smaller shares
[13:19] {magoo} i actually shorted 45 and covered .80
[13:19] {Threei} why not
[13:19] {magoo} i did
[13:20] {dawg} in .98
[13:20] {Threei} nah
[13:21] {dawg} 200 shares
[13:22] {dawg} stop .27
[13:29] {peterg} RiMM doomed to cycle around 45 till something happens
[13:30] {peterg} everyone hypnotized?
[13:30] {peterg} take that as a yes
[13:31] {Threei} pretty much
[13:32] {Threei} believe it or not, even flow of smap e-mails slowed down to a crawl over last couple weeks
[13:32] {Threei} spam
[13:32] {Threei} used to get couple hundred a day, now barely 30
[13:37] {Threei} RIMM works for you dawg
[13:39] {dawg} out RIMM .66 +31 thanks Vad
[13:39] {Threei} welcome sir
[13:39] {dawg} .31
[13:39] {dawg} not a big winner but beats chasing cars
[13:39] {Threei} certainly
[13:39] {dawg} .)
[13:44] {Threei} took little QID
[13:45] {Threei} stop under 84.80
[13:45] {Threei} don't chase it
[13:45] {Threei} too volatile
[13:45] {Threei} got 85.11
[13:46] {Threei} WSJ: ONLINE SPENDING GROWTH AT LOWEST RATE SINCE 2001
[13:46] {Threei} {GOOG YHOO}
[13:46] {Threei} out .61
[13:49] {Threei} too soon
[13:52] {dino} the pattern may continue - - - + - - - (3 big down, one big up)
[13:53] {Threei} so, tomorrow's up?
[13:53] {dino} would like to see 8,050 area hold for higher low at least, previous was 7,965 11-13 and 7,880 in 2nd week oct.
[13:54] {dino} yes 3i, that has been dji pattern of late
[13:54] {Threei} we are about 150 from there
[13:54] {Threei} which in today's term can be a matter of 5 minutes of trading, lol
[13:54] {dino} i see it
[13:54] {dino} the bigger problem, imo, is we kep topping out lower.
[13:55] {Threei} and overall daily chart from let's say beginning of August is looking anything but bullish
[13:55] {dino} 9,625 11/4; 8,945 11/7; 8,835 11/13
[13:56] {Threei} inverted head and shoulder failed a few days ago
[13:56] {Threei} lows get threatened time and again
[13:56] {dino} triangle forming, which means, imo, a bigger move up or down on the break of it. i defer to you tho, as admittedly i don't know much about triangles
[13:57] {Threei} there is not much to know actually...
[13:57] {Threei} they are simple as rake
[13:57] {dino} que?
[13:58] {peterg} sake? japanese beverage
[13:58] {dino} :)
[13:58] {dino} but seriously, rake? explain
[13:59] {Threei} just a joking comparison... I mean, what is complicated about rake? :)
[13:59] {dino} roflol, trying to "see" into your mind
[13:59] {Geo} really vad
[13:59] {Threei} that should give you whole two minutes of work
[14:00] {dino} so, you too, keep it simple i see
[14:00] {Threei} keeping what simple?
[14:00] {Threei} :)
[14:01] {Threei} awww
[14:02] {Threei} thought of 85 as QID entry
[14:02] {Threei} and hesitated,
[14:02] {Threei} it did feel at the moment like another drop was coming
[14:02] {Threei} anyway... market bounce is more likely now
[14:03] {Threei} Qs long with stop under .60 worth a try
[14:03] {magoo} i like that
[14:03] {magoo} was gonna post
[14:04] {Threei} if you got Qs, chose between scalp and try for closer to 28
[14:04] {lisa_jay} entry Vad?
[14:04] {Threei} about here
[14:04] {dawg} in .69
[14:04] {Threei} good pullback for entry
[14:04] {dawg} Q's
[14:05] {Threei} but if loses .60, drop it like drunken sailor drops... err, never mind
[14:06] {Threei} come on market, show some spine
[14:07] {Threei} GOOG CEO SCHMID: OPTIMISTIC THE ECONOMY WILL RECOVER
[14:07] {Threei} good
[14:07] {Threei} now we can go
[14:07] {dino} well that should do it then
[14:07] {Threei} Schmid is optimistic
[14:07] {dawg} stopped Q's
[14:08] {lisa_jay} Stopped.
[14:08] {dino} 02:07 p.m. est.; "dino confident economy will recover too, timing uncertain."
[14:11] {lisa_jay} Well, i am out of q's play, so we should see good rally here :-)
[14:12] {Threei} it's dino's fault
[14:12] {Threei} he should have reiterated his confidence 1 min sooner
[14:12] {Threei} crap... lol
[14:13] {dino} c'mon i'm rehersing to be an analyist for the big boys
[14:19] {magoo} markets due for a bounce...TIMING uncertain lol
[14:19] {Threei} uhhu
[14:19] {Chaeron} no symbol found uhhu :)
[14:19] {Threei} these two days timing is all but impossible
[14:21] {dino} ya think?
[14:21] {Threei} well... at least as much as I think at all {G}
[14:26] {Threei} Qs, I am about to cry
[14:26] {Threei} loudly
[14:28] {Chaeron} "Bernake and Paulson are fighting the market... and there is no way anyone but the market will win..."
[14:29] {Chaeron} ooops sorry
[14:29] {Geo} hey i want to be in the supersecret room too
[14:29] {Chaeron} I'm in there by myself Geo... not that exciting :)
[14:29] {Geo} lol
[14:30] {Threei} here is siign of things to come when new worldwide agreement will be discussed:
[14:30] {Threei} ECB'S TRICHET: UK MUST RESPECT EU BUDGET RULES WHEN DRAWING UP FISCAL STIMULUS PLANS - Q&A
[14:30] {Geo} am I glad it wasnt some thing like...... "yes charo... I like hot chocolate too"
[14:31] {Threei} ok... if shake and jump is new pattern, waiting for Q under .70
[14:32] {Threei} what do you know... almost there
[14:33] {Threei} sheesh
[14:33] {Threei} I thought that was half joke
[14:33] {Threei} anyway, took .67
[14:34] {dptl} .70
[14:34] {Threei} if this one is stopped, I am in monastery for the next three years
[14:34] {Threei} no four
[14:34] {dawg} in .66
[14:35] {Threei} chaeron says 5, and he will join me
[14:35] {dptl} stop under .60?
[14:35] {Threei} yeah
[14:35] {Threei} problem with chaeron though, he brings about dosen of show girls with him
[14:36] {Geo} thats a problem?
[14:36] {Threei} not good for mental cleansing
[14:36] {Geo} ahhhh
[14:36] {Geo} forget the monasttery chaer... ill just visit laguna
[14:37] {Chaeron} dang it... missed !s
[14:37] {Chaeron} Qs
[14:38] {Threei} of course.. urgent round of calls to showgirls
[14:38] {Chaeron} the ykkep calling ME
[14:38] {Threei} kind of gets in the way of trading
[14:39] {Chaeron} and my typing is getting worse each day
[14:42] {Threei} half out for me
[14:42] {dawg} 1/2 out Q's .77 1:1
[14:42] {Threei} scalpers have over 1:1
[14:42] {Chaeron} #$%#
[14:43] {Threei} if you think Chaeron is upset about missing a play, think again
[14:44] {Threei} he is upset because he hoped for a stop, looked forward to 5 years of fun in that monastery
[14:44] {Chaeron} they have my room ready at a moment's notice
[14:44] {Threei} stop .64 for the balance
[14:45] {Threei} out
[14:45] {dawg} out
[14:46] {Threei} low is about to get retested
[14:46] {Threei} broken
[14:47] {Threei} good trail for the balance
[14:47] {Threei} PRU under 18, mama mia
[14:49] {Threei} now, every time we touched recent lows and penetrated them, we got that crazy snapback rally
[14:49] {Chaeron} sheesh PRU was 88 2 mos ago........
[14:49] {Threei} uhhu
[14:49] {Threei} that's why I switched to italian
[14:50] {Threei} NQ last low was 1108
[14:50] {Threei} just 6 points away
[14:50] {Chaeron} so enter where? :)
[14:50] {Threei} FED'S STERN: FED COULD CUT RATES BELOW 1% IF CONDITIONS WARRANT
[14:50] {Threei} - Deflation worries are 'premature'
[14:51] {Threei} are we going for zero rates environemnt?
[14:51] {Chaeron} hold out... maybe they can pay US to take out a loan
[14:52] {Threei} that policy didn't do much good for Japan
[14:52] {Threei} and in fct trapped it in a decade-long stagnation
[14:53] {Chaeron} and you think that the people in power here are any brighter????
[14:53] {Threei} god forbid
[14:53] {Threei} I just hope they can read
[14:53] {Threei} so they go wikipedia
[14:53] {Threei} and read an article on liquidity trap
[14:54] {Geo} damn legacy graduates
[14:54] {Chaeron} I think that we have more brains and talent in this room.......
[14:54] {Geo} why thank you chaeron
[14:54] {Chaeron} my pleasure Geo... I mean... LaserDave should be Sec of Defense just on his nick alone... noone would mess with us
[14:55] {Geo} true true
[14:55] {Threei} we have magoo second-quickest in unholstering the trout
[14:55] {Geo} lets keep muddleheaded out of this though
[14:55] {magoo} trout????
06[14:55] * magoo slaps Chaeron around a bit with a large trout
06[14:55] * Geo slaps magoo around a bit with a large trout
06[14:55] * magoo slaps Threei around a bit with a large trout
[14:56] {Chaeron} Muddlehead should take Paulson's or Bernake's positions... calling THEM a "muddlehead" is huge compliment
[14:56] {Threei} and raven and peter can spell
[14:56] {peterg} what?
[14:56] {Threei} words
[14:56] {Chaeron} someone just woke up
[14:57] {peterg} I shall be remembered for my small mindedness--fitting,
[14:57] {peterg} i suppose
[14:57] {Threei} worng peter
[14:57] {Threei} when our abilities are measurestick,
[14:57] {Threei} ability to spell is huge achievement
[14:57] {muddleheaded} What's going on here?
[14:58] {Threei} and if heavens forbid you know that thing
[14:58] {Threei} ummm
[14:58] {Threei} grammar
[14:58] {peterg} Chaeron, actually working in office all pm coming in on brakes
[14:58] {peterg} breaks
[14:58] {peterg} very kind of you vad
[14:58] {peterg} thks
[14:58] {Threei} we are forming goverment mudd
[14:58] {hawkfan4} lol
[14:58] {peterg} I am minister of spelling
[14:58] {Threei} OK guys, if you are up to try and catch that snapback should it occur
[14:59] {Threei} and be warned, it could cost a few papercuts
[14:59] {Chaeron} close to .40?
[14:59] {Threei} first try would be Qs long .51
[15:01] {magoo} in
[15:02] {Threei} if we are lucky, it jumps without shakeout attempt
[15:02] {Threei} do you feel lucky
[15:02] {dawg} in .49
[15:02] {Threei} ddo you magoo?
[15:02] {magoo} u full lot?
[15:02] {Threei} sure
[15:03] {Threei} stop is within my normal
[15:03] {Threei} F CEO: US INDUSTRY IS GROWING INCREASINGLY COMPETITIVE, BAILOUT PACKAGE MAKES MORE SENSE THAN INACTION
[15:03] {Threei} - Applies for Federal retooling loans, no specific amounts disclosed.
[15:03] {Threei} - Calls on the FDIC to approve Ford Credit's industrial loan bank application.
[15:04] {Threei} VEHICLE EXECS: AID PACKAGE MAKES MORE SENSE THAN INACTION, WILL SUBMIT APPLICATIONS FOR ENERGY LOANS TODAY, BAILOUT REQUIRE TO AVOID 'CATASTROPHIC COLLAPSE' OF US ECONOMY
[15:04] {Threei} {F GM}
[15:04] {magoo} wheres your stop?
[15:04] {Threei} CATASTROPHIC COLLAPS is exactly what market wants to hear to start rally
[15:04] {Threei} under .40
[15:04] {magoo} k
[15:05] {magoo} bunch of morons"shut dee trap"
[15:05] {Threei} break of .57 - .60 zone should do it
06[15:06] * Threei wears heavy duty army boots
[15:06] {magoo} ouch.HEY
[15:07] {Threei} half out +.17
[15:07] {Threei} scalpers know what to do
[15:07] {Threei} +.16 sorry
[15:07] {dawg} 1/2 half out .65 +14
06[15:08] * Chaeron slaps magoo around a bit with a large trout
06[15:09] * Threei attaches steel toes on the boots
[15:09] {magoo} out .73 TY
[15:09] {Threei} welcome
[15:09] {lisa_jay} Nice Vad..missed it so it rallies nicely.
[15:09] {Threei} out in full .83
[15:09] {Threei} fiiinally
[15:10] {Threei} why missed lisa.. it gave ample time for entry
[15:10] {dawg} all out .81 +.32 thanks you Vad great call
[15:10] {Threei} dawg :)
[15:10] {hawkfan4} nice one vad, thx
[15:10] {lisa_jay} Yes....please don't rub it in..sigh.
[15:10] {magoo} nice one lord vader
[15:11] {Threei} heavy pullback is likely now
[15:11] {Chaeron} in .51 out .82... +$0.31... thanks mucho Vad
[15:11] {Threei} I was wodenring chaeron... :)
[15:11] {Threei} REPORTEDLY PRESIDENT ELECT OBAMA HAS SELECTED ERIC HOLDER AS AG - NEWSWEEK
[15:11] {Threei} ag?
[15:12] {Chaeron} Atty General
[15:12] {Threei} ty
[15:12] {Chaeron} mp
[15:12] {Threei} US SEN DODD: HARD TO EXPLAIN ASSISTANCE TO AIG AND NOT AUTOMAKERS
[15:12] {Threei} (US) SENATOR SHELBY: THE AD-HOC NATURE OF THE GOVERNMENT'S FINANCIAL BAILOUT PROGRAM HAS RAISED MORTGAGE RATES
[15:12] {Threei} lol
[15:12] {Threei} unitended consequences anyone?
[15:15] {Threei} CHYSLER CEO: BANKRUPTCY IS NOT A GOOD OPTION FOR CHRYSLER OR THE AUTO INDUSTRY
[15:15] {Threei} no really?
[15:15] {Threei} we are learning guys
[15:16] {Threei} you noticed? This is practically first time when we got one of these violent snapbacks at the very beginning of it
[15:16] {Threei} and utilized it to better extent than scalp
[15:16] {lisa_jay} Yes.
[15:16] {dawg} yes
[15:17] {Threei} here comes my pullback
[15:19] {Chaeron} s Q's in .94 out .80 ... took +$0.14
[15:19] {Threei} you predator
[15:20] {Chaeron} again?
[15:20] {Threei} not sure
[15:20] {Threei} honestly, I don't expect this bounce to turn into one of those stunners that go for hundereds points
[15:22] {lisa_jay} wow
[15:22] {magoo} prob up 400 in last 15 minutes
[15:22] {magoo} just to piss me off
[15:22] {Threei} so lewt's buy next pullback
[15:23] {magoo} GS?
[15:23] {Threei} nah
[15:23] {Threei} Qs
[15:23] {Threei} there
[15:24] {Threei} dropped right into support
[15:25] {Threei} first strength from here
[15:25] {Threei} see how severe pullbacks are?
[15:26] {magoo} pretty hard pullnbk
[15:26] {Threei} in .79
[15:26] {Threei} stop under .70
[15:27] {dawg} in .79
[15:28] {Threei} CNBC'S GASPARINO: SOURCES SAY NY AG CUOMO IS CONSIDERING IMPLEMENTING "CLAWBACK" PROVISIONS THAT WOULD SEEK TO GREATLY REDUCE WALL STREET FIRM BONUS PAYMENTS
[15:28] {Threei} chaeron, maybe we need to abandon the plan of taking over MS
[15:28] {Threei} what's the point
[15:29] {Threei} no more bonuses
[15:29] {magoo} no money in it
[15:29] {Threei} yeah
[15:29] {Threei} let' rob mcdonalds instead
[15:29] {Threei} out .97
[15:29] {Threei} +.18
[15:29] {dawg} out /.94
[15:30] {dawg} thank you sir great call +15
[15:30] {Threei} :)
[15:30] {Chaeron} out .94, got +.14
[15:31] {Threei} great, now take this ski mask
[15:31] {Threei} look at GS
[15:32] {Threei} was I right dismissing it as market bounce play or what
[15:32] {dino} nice to see the 350+ range holding up
[15:32] {magoo} yes good call
[15:33] {Threei} geo... are you beathing over there?
[15:34] {Threei} breathing too
[15:34] {Geo} tough in the ski mask
[15:34] {Geo} got .16 TY vad........
[15:34] {Threei} :)
[15:34] {Threei} just keep the lower part over yuour mouth until we get into that mcdonalds, sheesh
[15:35] {Threei} these starting out robbers... gotta teach them everything
[15:35] {Geo} :)
[15:35] {Threei} and chaeron... you did instruct him we don't call each other by last names in a process, right?
[15:37] {dino} ok, we are getting bounce, so in 30 seconds drop us 80 dji
[15:38] {dino} 3:40 pop, now yesterday at 3:45 we died
[15:43] {Chaeron} right
[15:43] {magoo} not today dino
[15:43] {dino} bet?
[15:43] {Threei} lol, 2 minutes earlier
[15:43] {magoo} gotta keep mixing it up...keep everyone off balance
[15:43] {dino} there goes 60
[15:44] {dino} have to start going long 3:40, and short 3:43
[15:44] {dino} ok theres the 80 fast fall, does it continue?
[15:45] {Threei} imprwessive drop
[15:45] {Threei} bounce now
[15:45] {Threei} not huge but still
[15:45] {dino} you mean "nasty" drop
[15:45] {Threei} scalped Q .96 - .08
[15:45] {Threei} too fast call
[15:46] {dino} might as well just flip coins in this market
[15:47] {magoo} heads ..up...tails down
[15:47] {magoo} go ahead..flip it dino
[15:48] {magoo} it came up heads
[15:49] {Threei} ty
[15:50] {Threei} played the coin
[15:50] {magoo} lol
[15:50] {dino} you a lucky man
[15:50] {Threei} DE BEERS EXPECTS TO CUT CANADIAN DIAMOND OUTPUT BY 10-20% DUE TO SLOWDOWN
[15:50] {Threei} what?
[15:50] {Threei} diamonds are not forever?
[15:51] {dino} thats the problem, they don't wear out
[15:51] {patience} they do if you are drilling with diamind drill bits
[15:51] {dino} "no soup for you patience, two weeks"
[15:55] {magoo} 400 points in last 5 minutes? go ahead and flip dino
[15:55] {dino} you don't want me to
[15:55] {Threei} line in the sand continues being defended
[15:56] {magoo} so does our beer miester
[15:56] {Threei} once again market bounced quite a bit as soon as approached it
[15:56] {dino} can we get 2 ups in row in november?
[15:56] {Threei} only this time we got it for a play
[15:57] {dino} we only get 1/week
[15:58] {dino} maybe neg. close
[16:00] {Threei} sudden;y, turned out to be not a bad day
[16:00] {Threei} who knew
06[16:00] * magoo slaps Threei around a bit with a large trout
[16:00] {magoo} i knew
[16:00] {Threei} nope
[16:00] {Threei} your coin did
[16:00] {magoo} right
[16:00] {Threei} you just flipped it
[16:00] {Threei} server of the coin
[16:01] {magoo} dino flipped it..i called it
[16:01] {Threei} ok... caller of the coin
[16:02] {magoo} more important..anyone can flip it..it takes cahunas to call it
[16:02] {Threei} wow, Qs still go
[16:02] {Threei} OK guys, thank you
[16:02] {Threei} have a good evening
[16:02] {Threei} see you tomorrow
[16:02] {Chaeron} it's 4:00????????
[16:02] {Chaeron} dang it
[16:02] {dino} still in one?
[16:03] {dawg} thanks all
[16:03] {magoo} ty all
[16:03] {dino} i will do better tomorrow, very confused today
[16:03] {Chaeron} dino... no... I was just having too much fun... thanks tho
[16:04] {dino} good then
06[16:06] * Chaeron slaps laserdave1 around a bit with a large trout
06[16:06] * Chaeron slaps laserdave1 around a bit with a large trout
06[16:06] * Chaeron slaps laserdave1 around a bit with a large trout
06[16:07] * magoo slaps laserdave1 around a bit with a large trout
06[16:07] * magoo slaps laserdave1 around a bit with a large trout
[16:07] {magoo} fgood idea
[16:09] {Threei} what the
[16:09] {Threei} look nasdaq
[16:09] {Chaeron} Hey all... anyone trade small stocks online? Looking for a broker
[16:10] {dino} they are all small now
[16:10] {Chaeron} exactly
[16:10] {Chaeron} :)
[16:10] {KSystems} this is UN BE LIE VA BLE
[16:11] {Chaeron} sorry... meant Bulliten Board
[16:11] {dino} lol
[16:11] {Chaeron} I know, I know... They're ALL going to be BB soon....
06[16:12] * Chaeron slaps laserdave1 around a bit with a large trout
06[16:12] * Chaeron slaps laserdave1 around a bit with a large trout
06[16:12] * Chaeron slaps laserdave1 around a bit with a large trout
06[16:13] * magoo slaps laserdave1 around a bit with a large trout
06[16:13] * magoo slaps laserdave1 around a bit with a large trout
06[16:13] * magoo slaps laserdave1 around a bit with a large trout
[16:13] {magoo} f'in good idea
[16:13] {Chaeron} makes you just feel so dang good, don't it???
[16:13] {magoo} ive never seen q power up afterhours like this
[16:13] {magoo} indicates huge up tomorrow
[16:17] {Chaeron} I think that there are now 4 ships seized by pirates... the tanker with oil, a HongKong ship, now an Iranian cargo ship and a Danish oil ship off Nigeria...... what the.......?????
[16:17] {Chaeron} magoo... DCC
[16:18] {Chaeron} gotta tell you where the rum is for the pirates' meeting tonight...
[16:18] {magoo} there chaer
Tuesday, November 18, 2008
Monday, November 17, 2008
Nov 17 2008
Meaningless listless up and down, narrow and with no rhyme or rythm. Useless day. Win some, lose some, finished the day slightly in red. Fortunately, ceased activity just in time to stop accumulating needless stops.
Session Time: Mon Nov 17 00:00:00 2008
[08:21] {Threei} LVS
[08:21] {Threei} SUBSTANTIAL DOUBT ABOUT ABILITY FOR COMPANY TO RUN AS 'GOING CONCERN' HAS BEEN REMOVED DUE TO RECENT CAPITAL RAISE - FILING DATED11/10
[08:22] {Threei} 11/14/08 04:51pm
[08:22] {Threei} [GNW] Genworth Financial Inc Has reportedly applied for Savings and Loan status
[08:22] {Threei} - LNC has also reportedly applied for similar status
[08:22] {Threei} - To acquire InterBank fsb
[08:40] {wishbone} gm vad
[08:41] {Threei} wishbone :)
[08:48] {magoo} morn
[08:48] {Threei} magoo :)
[08:51] {hawkfan4} morning all
[08:52] {Threei} hawk :)
[08:54] {cosmo} ....Babies ....Bathwater ....Everywhere....
[08:55] {Threei} yup... make sure you have non-slippery shoes on
[08:55] {lisa_jay} Hi Vad.
[08:55] {cosmo} just keep your socks changed
[08:56] {Threei} lisa :)
[08:56] {lisa_jay} Good morning everyone.
[08:56] {Threei} and to be environemntally conscious, make sure those are bamboo socks
[08:56] {cosmo} oh?
[08:56] {Threei} advertised in local paper
[08:57] {cosmo} not hemp?
[08:57] {Threei} nope... bamboo
[08:57] {cosmo} times have changed
[08:58] {Threei} they do on hourly basis these days
[08:58] {cosmo} skeery
[08:58] {Threei} on Friday for instance, we went through both, extreme bull market which was never to end to total bear which was here forever
[08:59] {Threei} somehow they manage to live in peace next to each other, with barely a fence
[09:00] {cosmo} just bars
[09:00] {Threei} and pubs?
[09:00] {dino} gm all
[09:00] {Threei} dino :)
[09:00] {dino} another end of days it seems
[09:00] {Threei} yup
[09:01] {Threei} FED'S HOENIG: WORRIED ABOU THE IMPACT OF RECENT INTERVENTIONS
[09:01] {Threei} really?
[09:02] {Threei} (RU) RUSSIAN RTS EXCHANGE HALTED, LIMIT DOWN
[09:02] {Threei} why do they even bother to open it?
[09:03] {Threei} it seems to spend more time closed this fall than open
[09:07] {hawkfan4} lol, no kidding
[09:09] {Geo} gma all
[09:09] {Threei} geo :)
[09:10] {KSystems} *yawn*
[09:10] {KSystems} Good morning
[09:10] {Threei} KS :)
[09:10] {KSystems} Vad :)
[09:10] {dptl} good morning all
[09:10] {Threei} dp :)
[09:15] {Threei} *OCT INDUSTRIAL PRODUCTION: 1.3% V 0.2%E;
[09:17] {Onix} Good morning all
[09:20] {Threei} onix :)
[09:23] {muddleheaded} Hi.
[09:23] {Threei} mudd :)
[09:24] {hawkfan4} muddleheaded, named for exactly how i feel this morning
[09:24] {dino} uthr
[09:24] {Threei} I'll join
[09:24] {Threei} LVS picking up strength again
[09:25] {magoo} working theory for today vad?
[09:26] {Threei} somehow, I have none at this point
[09:26] {Threei} can't tget any other feel that market being confused
[09:26] {Threei} that = than
[09:27] {Threei} want to wait a little, let it form opening range
[09:27] {Threei} see which way it breaks and how the break is met
[09:30] {ese} good morning.....interesting connection......took it about 30 sec to decide what it was doing
[09:30] {Threei} ese :)
[09:31] {Threei} Long Setup: LVS 7 break half lot
[09:31] {Threei} stop under 6.80
[09:31] {magoo} in
[09:31] {Threei} 1:1
[09:32] {lisa_jay} too fast for me.
[09:32] {Threei} half out, scalpers take profit
[09:32] {magoo} out TY
[09:32] {magoo} +.20
[09:32] {Threei} :)
[09:32] {tomg} thanks vad
[09:32] {Threei} tom :)
[09:33] {Threei} Short Setup: ADBE half lot .55 break if stays below .70
[09:34] {Threei} market drops, maybe aggressive entry
[09:34] {magoo} in
[09:34] {Threei} wow... late for aggressive, lol
[09:34] {magoo} .58
[09:34] {dptl} in.54
[09:35] {lisa_jay} in .55
[09:36] {dptl} stopped
[09:36] {magoo} st
[09:36] {lisa_jay} stopped.
[09:39] {Threei} Long Setup: FMCN .30 break if stays above .20
[09:43] {lisa_jay} Is FMCN still valid Vad?
[09:43] {Threei} could be with market strength returning... half lot
[09:44] {lisa_jay} ok, thanks
[09:44] {Threei} Long Setup: DRYS half lot .25 if stays above .10
[09:45] {dino} lod
[09:45] {lisa_jay} Dell still strong
[09:45] {Threei} yeah, tat's intriguing
[09:47] {Threei} if pulls back into .60, should be good entry
[09:49] {Threei} NASDAQ starts reluctantly looking like upward break
[09:49] {lisa_jay} DISH
[09:50] {Threei} Long Setup: QQQQ .70 if stays above .60
[09:51] {dptl} in .72
[09:53] {dptl} half out
[09:53] {dptl} .82 ty
[09:54] {Threei} BIDU, what carnage
[09:56] {magoo} news BIDU?
[09:56] {dino} met
[09:57] {hawkfan4} 7-Nov-08 09:35 ET In Play Baidu.com: Early weakness attributed to Forbes story about Baidu selling search links to medical cos with unapproved claims (162.17 -16.72)
[09:57] {peterg} late start, computer probls good morning all
[09:58] {dino} sm l met .80
[09:59] {hawkfan4} watching LVS pullback, maybe gap fill 6.15-6.20 for entry
[10:00] {dptl} stop under .70 qqqq?
[10:00] {dptl} for the balance
[10:01] {dino} met stopped -.33
[10:01] {Threei} some downgrades BIDU also
[10:01] {Threei} sure do, as usual
[10:02] {Threei} dp
[10:02] {Threei} yeah, LVS is getting interesting here for bounce
[10:02] {Threei} hi peter
[10:03] {lisa_jay} fmcn went up nicely
[10:04] {Threei} you took it lisa?
[10:04] {lisa_jay} Nope...
[10:04] {dino} saudi oil tanker attacked
[10:04] {lisa_jay} Why do u think it went up?
[10:05] {Threei} ummm
[10:05] {Threei} because of buyers... :)
[10:05] {lisa_jay} No silly...b/c i did not buy it.
[10:05] {hawkfan4} lol
[10:05] {Threei} oh
[10:05] {Threei} :)
[10:06] {lisa_jay} Another morning of needing to book quick profits.
[10:06] {Threei} a lot of indecisiveness in the market so far
[10:06] {lisa_jay} Had .10 on q's, .15 on DRYS.
[10:06] {Threei} but somehow there is afeeling of underlying strength
[10:07] {lisa_jay} Yes.
[10:07] {Threei} Long Setup: DISH .25 break if stays above .15
[10:09] {Threei} bounce canadidate instead
[10:09] {Threei} oh boy
[10:09] {Threei} I just noticed FEED
[10:09] {Threei} under $2??
[10:09] {hawkfan4} wow
[10:11] {Threei} we need some kind of "buy everything" button for when this market is finally done dropping
[10:11] {Threei} 'cause it's going to be a challenge to decide what to bujy
[10:12] {lisa_jay} DELL at .60
[10:12] {Threei} need market strength for entry
[10:13] {Threei} ideally, NASDAQ jumps up, DELL gives a little pause for entry
[10:16] {dino} dji lod
06[10:17] * laserdave1 slaps Threei around a bit with a large trout
[10:17] {Threei} good morning to you too dave
[10:18] {lisa_jay} serious selling
[10:19] {Threei} yup, staying on a sideline to see whether we bounce or consolidate and break down
[10:24] {Threei} bounce is unconvincing
[10:27] {Threei} not mych rythm to moves... hard to get a feel
[10:27] {Threei} not much to my typing either
[10:28] {Threei} Long Setup: UAUA 10.11 half lot if stays above 10
[10:29] {hawkfan4} LVS .28
[10:30] {dptl} in uaua .12
[10:30] {magoo} in .10
[10:32] {Threei} nice LVS hawk
[10:32] {Threei} BIDU
[10:32] {Threei} HEARING DEFENDED AT JP MORGAN (TIMING UNCERTAIN)
[10:33] {dino} sm risky l deck .75
[10:33] {dino} wide
[10:33] {hawkfan4} thx :)
[10:36] {laserdave1} dawg dcc please
[10:39] {Threei} ah come on UAUA
[10:39] {Threei} move already, while we are young
[10:39] {Threei} don't tell me 7 cents was all you were capable of
[10:40] {Threei} chart looks very nice starting rom 10:20
[10:40] {Threei} just no shakeouts please
[10:46] {Threei} quite jellyfish-like movements
[10:46] {Threei} US TREASURY: FED'S FINANCE BALANCE WILL FALL IN FUTURE WEEKS
[10:46] {Threei} thanks for that
[10:48] {Threei} sigh
[10:48] {dptl} yah...stopped
[10:51] {Threei} we need some kind of resolution
[10:52] {Threei} I am not too jazzed about these "little scalp, little stop" back and forth
[10:56] {Threei} can't think of better visual for this morning trading than
[10:56] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[10:58] {hawkfan4} lol, that's pretty much how i got myself to my office this morning
[10:58] {Threei} I am still on my way...
[10:58] {Chaeron} Good morning all
[10:59] {dino} urbn l .60 stop .47
[10:59] {Threei} chaeron :)
[11:04] {Threei} Long Setup: QQQQ .55
[11:04] {Threei} just a scalp
[11:04] {Threei} stop .49
[11:05] {Threei} out .65
[11:05] {Threei} WHITE HOUSE SPOKESPERSON NOTES THAT CONGRESS DOES NOT HAVE THE NECESSARY VOTES TO PASS ASSISTANCE FOR AUTOMAKERS
[11:05] {Threei} {GM F}
[11:05] {Threei} hmmm... and market spikes on this?
[11:06] {lisa_jay} Dell has become a teleporting stock.
[11:07] {dptl} grabed +.30 on cpo...almost flat now...wheeeu
[11:07] {lisa_jay} Nice Dptl.
[11:07] {dino} gj dp
[11:07] {dptl} ty
[11:08] {lisa_jay} ebay
[11:09] {dino} it should 3i, bailout is waste of $
[11:12] {Threei} you mean market has actually become rational about it?? :)
[11:12] {Threei} guys... stronger and stronger feeling, rally in the making
[11:12] {Threei} against all odds
[11:13] {Threei} wow
[11:13] {Threei} MARC CUBAN HAS BEEN CHARGED BY THE SEC WITH INSIDER TRADING - WSJ
[11:13] {Geo} about time
[11:13] {lisa_jay} Dell consolidating at 11
[11:13] {Threei} HIG
[11:13] {Threei} REPORTEDLY INJECTING $100M IN CAPITAL INTO RECENTLY ACQUIRED FEDERAL TRUST
[11:13] {Threei} - Reminder: On 11/14 HIG said it would acquire Federal Trust Bank, apply to TARP and apply to become a Savings and Loan Holding company.
[11:14] {Threei} dino... gut says anything?
[11:15] {Threei} volume lower on NQ/QQQQ pullback
[11:16] {dino} up big
[11:16] {Threei} high five
[11:16] {Threei} same here
[11:16] {dino} told magoo 30 minutes ago, something feels up
[11:16] {Threei} with a few more shakeouts prior ramp-up
[11:16] {dino} to easy down
[11:23] {dptl} off to visit eye doctor.....i hope i'll SEE you later...:)
[11:25] {Threei} ask him if he has any pills helping to turn charts in your eyes upside down
[11:25] {dptl} lol
[11:25] {Threei} would be a pleasure to find we had a big bull market over last year
[11:26] {Threei} and if market starts rallying for real, you just stop taking pills
[11:26] {Threei} simple as that - permanent bull market, nomatter what
[11:27] {KSystems} they should sell those pills for accounts as well
[11:27] {KSystems} not only charts
[11:28] {Threei} eve better idea
[11:28] {Threei} a lot of investors would have gladly bought couple boxes of pills
[11:34] {Threei} great
[11:34] {Threei} look at UAUA
[11:34] {Chaeron} I hate you......
[11:34] {Chaeron} (teasing)
[11:35] {Threei} that's OK, you are not alone
[11:35] {Geo} i think the markets are onto vad
[11:35] {Geo} they know his setups now
[11:36] {Threei} sure took them a while to figure those out
[11:36] {Threei} about 100 years
[11:48] {magoo} phone 4 you vad
[11:48] {dino} not in
[11:49] {Threei} I have earplugs in
[11:49] {magoo} its UAUA..says its important
[11:49] {Threei} tell it, I want it pullback to .20, I'll buy it
[11:50] {Threei} also, C
[11:50] {Threei} has a good shot at big recovery today
[11:51] {dino} urbn out .79, +.19
[11:51] {dino} too tight
[11:52] {hawkfan4} CIT 4, stop .94
[11:54] {muddleheaded} We might have a buy anything move here.
[11:54] {Threei} probably one last pullback
[11:54] {Threei} then explosion
[12:00] {dino} out deck 60.15, +1.40
[12:00] {Threei} beautiful
[12:00] {dino} ty
[12:00] {dino} too soon of course
[12:01] {Threei} good pullback C
[12:02] {Threei} wanted it a bit closer to .20
[12:04] {peterg} ok back again after computer fix
[12:05] {peterg} looks like ppl havn fun
[12:05] {KSystems} yay.
[12:06] {peterg} !
[12:24] {dino} emr sm l .00
[12:29] {Threei} sheesh, finding an entry is next to impossible
[12:29] {Threei} what a wierd way for market to rally today
[12:30] {Threei} sorry peter
[12:30] {Threei} weird
[12:30] {Threei} OK, if this pattern hold, then Qs should be a buy around 29
[12:31] {Threei} C around .60
[12:31] {Threei} DELL is questionable
[12:31] {Threei} UAUA I hate
[12:35] {Threei} C won't pull back anymore
[12:37] {Threei} US APPEALS COURT REINSTATES 2004 KICKBACKS CASE AGAINST HIG
[12:37] {Threei} jeez
[12:38] {Threei} not only there is a case for kickbacks, but it also was "made to go away" at some point?
[12:38] {Threei} OK, getting interested in C
[12:38] {dino} sm l met .51
[12:40] {Threei} .64 - .65 C long if holding .60
[12:50] {Geo} c is lagging...
[12:51] {Geo} didnt really follow the market well.....
[12:51] {Threei} yeah, tired a bit
[12:51] {Geo} good trading all.... off to work -96 today
[12:51] {Threei} take care geo
[12:51] {Threei} useless day so far
[12:51] {Geo} yeah :(
[12:58] {Threei} messy charts
[13:11] {laserdave1} dawg dcc please
[13:14] {dino} it's like breakouts are a failed stategy anymore
[13:14] {Threei} today for sure
[13:15] {Threei} breaks are false, followed by immediate pullback, and pullbacks are impossible to buy since they bottom out at random levels
[13:15] {dino} it's like you can read my mind
[13:15] {lisa_jay} And to add to that profits are slippery.
[13:15] {Threei} nah, we are just l;oking at the same charts
[13:16] {laserdave1} KSystems dcc please
[13:16] {Threei} laserdave is on dcc rampage
[13:16] {laserdave1} laserdave dcc please
[13:16] {laserdave1} :)
06[13:17] * KSystems slaps laserdave1 around a bit with a large trout
[13:17] {laserdave1} hey who taught him that?
[13:17] {Chaeron} :)
[13:18] {laserdave1} that was u Chaeron
[13:18] {laserdave1} niceee
[13:18] {Threei} dave you may not be aware of this,
[13:18] {Threei} but everyone upon connection to the room gets this automessage
[13:19] {Threei} with brief instiruction how to use trout and very short list of names to slap
[13:19] {Threei} very very short list
[13:19] {laserdave1} hahahhahaha
[13:19] {Threei} I mean extremely short
[13:20] {Threei} in fact, competition for that list was so severe
[13:20] {Threei} just one name made it
06[13:20] * KSystems slaps Threei around a bit with a large trout
[13:20] {Threei} OK, now you are venturing outside of that list
[13:20] {laserdave1} see what happens when u try to be funny
[13:21] {Threei} nothing really happens... unfortunately :(
[13:22] {Threei} IMF'S LIPSKY: GLOBAL STIMULUS AT APPROX 2% OF WORLD GDP IS JUSTIFIED, MANY ADVANCED AND EMERGING ECONOMIES CAN AFFORD TO EASE MONETARY POLICY
[13:22] {Threei} - Fiscal stimulus is more effective when implemented among key trading partners at the same time.
[13:22] {Threei} - Deleveraging will likely shift risk spreads to reduced volumes.
[13:22] {Threei} - Short-term liquidity facility may become part of the IMF's policy toolkit.
[13:22] {Threei} - The financial crisis has shown the limits of regulatory and supervisory regimes at the domestic and international levels
[13:24] {Threei} what's this deal with pirates and oil tanker
[13:24] {Threei} I mean, how do you hijack the tanker??
[13:25] {Threei} and where do you hide it?
[13:28] {Threei} and no chaeron, I am not asking in order to learn and apply the knowledge, stop dccing me with those 'I know how, let'd do it"
[13:29] {lisa_jay} lol
[13:29] {Threei} thank you lisa
[13:29] {Threei} I know it was amercy laugh but I appreciate the sentiment nonetheless
[13:30] {lisa_jay} No quiet funny...better then entering a trade b/c bored.
06[13:30] * Chaeron slaps Threei around a bit with a large trout
[13:31] {Chaeron} Threei has me confused with magoo
[13:37] {Threei} on a contrary... magoo told me he knows how but he is not taking me along, he'll do it himself
[13:46] {Threei} this reminds me beginning of last week... started out very slowly and boring too
[13:53] {Threei} C... going to try .35 long with stop under .30
[14:00] {Threei} invalidated
[14:14] {Threei} anyone has any trading ideas, feel free to share
[14:15] {Threei} 'cause I can't read jack in this mess
[14:16] {dptl} i am back....:) hows everything
[14:16] {Threei} same
[14:16] {Threei} yawn
[14:18] {lisa_jay} Q's double bottom?
[14:21] {dino} ice sm l .40 wide risky, needs mkt
[14:23] {dptl} hew?
[14:29] {dino} stopped
[14:33] {Threei} Ok guys, to distract from meaningless action for a minute, and give you something to think about
[14:33] {Threei} who is up for a week in Bahams in first half of April?
[14:34] {Threei} some trading seminars, market in general, and nice vacation
[14:34] {Threei} details to follow within couple weeks
[14:34] {Threei} meanwhile, have a look at your schedules
[14:34] {dino} possibly
[14:37] {Threei} anyone remembers SHLD above 100?
[14:38] {dino} f#####%g rinses
[14:38] {dino} 200 wasn't it, a big cramer buy
[14:39] {Threei} and they say Friday's are tough for trading
[14:39] {Threei} I personally hate Mondays
[14:41] {dino} mondays are my low days lately, positive 1 out of last 4
[14:43] {Threei} BUSH ADMINISTRATION WILL REPORTEDLY NOT LOOK TO PURSUE THE REMAINING $350BOF THE BAILOUT PACKAGE, ALLOW OBAMA ADMINISTRATION TO MAKE THE DECISION
[14:43] {Threei} nicey nicey
[14:43] {Threei} group hug in front of White House
[14:43] {Threei} Washington air filled with love
[14:44] {dino} sm risky, wide uthr l .10
[14:44] {Threei} why do I picture Chaeron ruining the idyllic picture with big fish in his hands
[14:44] {lisa_jay} c
[14:47] {dptl} xexe..they talking about russian hats on cnbc...lol
[14:48] {Threei} okay okay, I'll take it off
[14:49] {dptl} :)
[14:50] {dptl} faniest thing they sad...that russians called hats shapka lol
[14:50] {Threei} that's deep insight
[14:50] {dptl} lol
[14:51] {Threei} if I go to russian TV and say Americans call shapka a hat - will I be considered a specialist in American fashion and culture?
[14:52] {dptl} roflol
[14:52] {dptl} oh Cramer now....on Russia
[14:53] {Threei} he is a specialist too?
[14:53] {dptl} apperently....:)
[14:54] {muddleheaded} Anybody watch King of the Hill last night? They had a Cramer copy called "Dow Genius." Pretty funny, hopefully someone will post it on youtube.
[14:55] {Threei} no... but I did watch a Quantum of Solace on Fri
[14:56] {muddleheaded} Was it good?
[14:57] {Threei} well... I maybe niot the right person to ask since I like all Binds :)
[14:57] {Threei} Bonds
[14:57] {Threei} except Die Another day
[14:57] {Threei} but yeah, I do like the flavor Craig brings to this role
[14:58] {dino} uthr stop to b/e
[14:58] {Threei} and ukrainian girl is a stunner
[14:58] {dino} i saw some of it mud
[14:58] {muddleheaded} Cool.
[14:59] {Threei} some of it?
[14:59] {Threei} have you fallen asleep? :)
[14:59] {dino} stopped uthr flat
[14:59] {Threei} oh, you mean King of the Hill... lol
[15:00] {dino} i did, lol
[15:00] {Threei} meanignless up and down continue...
[15:02] {muddleheaded} I gotta go, enjoy the rest of the day everybody.
[15:03] {dino} rinsed!!!!!!!!!!!!!!!
[15:06] {Threei} take care mudd
[15:08] {Threei} ADBE
[15:08] {Threei} CEO: GLOBAL FINANCIAL CRISIS IS EXPECTED TO HAVE SHORT TERM IMPACT ON BUSINESS
[15:08] {Threei} CEDC TICKS HIGHER AFTER POSITIVE COMMENTS BY JIM CRAMER
[15:11] {Threei} I want to short SHLD badly
[15:11] {Threei} oh good, no in short list
[15:12] {Threei} one rinse less
[15:13] {magoo} look at the minute q chart
[15:13] {magoo} wtf
[15:13] {Threei} saw
[15:14] {Threei} with irregular teeth
[15:14] {magoo} it looks like my tracks home from pub sat nite
[15:14] {dino} not much bounce cetv
[15:15] {lisa_jay} Breakout now?or fakeout?
[15:15] {Threei} good question
[15:15] {Threei} all breakouts today turned to be fake
[15:16] {lisa_jay} Yes.
[15:16] {dino} ice last try l .50
[15:16] {Threei} choice is between risk of another rinse and missing the real one
[15:17] {dino} just short when i go long, getting r8insed everywhere, and when i stop out, go long
[15:17] {dptl} ok...have a good evening all:)
[15:17] {Threei} what?
[15:17] {dino} cya dp
[15:17] {Threei} you want to leave us to suffer alone?
[15:17] {Threei} stay and suffer with us!
[15:17] {dptl} xe xe:)
[15:18] {Threei} what kind of comradiere is that
[15:18] {dino} look uthr, stops me flat and goes 1.20
[15:18] {dino} unf.gbelievable
[15:19] {Threei} just one of those days
[15:23] {Threei} there you go
[15:24] {Threei} another fake
[15:25] {Threei} GM
[15:25] {Threei} TO REPORTEDLY DELAY INCENTIVE PAYMENTS TO US DEALER BY TWO WEEKS TO ASSIST LIQUIDITY
[15:37] {Threei} here it's coming again?
[15:37] {Threei} lisa... that breakout answered our question
[15:37] {Threei} with resounding no
[15:38] {lisa_jay} Breakdown, sigh.
[15:38] {dino} well, i guess just one more down day
[15:38] {dino} then up one day
[15:38] {Threei} yeah, what's the problem
[15:39] {dino} pattern - - - + - - -
[15:40] {dino} 3:40 rally attempt, clockwork
[15:42] {Threei} one thing I am happy about todsay
[15:42] {Threei} moving to sideline and staying there whole second half of the day
[15:42] {Threei} look at this seesaw of QQQQ,
[15:42] {Threei} those all are stops stops stops if you try to play it
[15:43] {dino} ouch met, pru -20% today
[15:43] {Threei} I think it's a side effect of HIG
[15:53] {Threei} remember when I said I wanted to short SHLD?
[15:54] {Threei} dollar down since then
[15:54] {wishbone} bye all
[15:54] {Threei} I guess I can consider it my biggest achievement for the day
[15:54] {Threei} take care wishbone
[15:56] {Threei} whoa
[15:56] {Threei} SHLD
[15:56] {dino} cya wish
[15:57] {Threei} -200 DJI
[15:57] {Threei} just another day in the office
[15:58] {Geo} back
[15:59] {Geo} you guys did good today?
[15:59] {Threei} didn't do anything at all
[15:59] {Geo} i guess being flat is a position
[15:59] {Threei} no single frikin trade since you left
[15:59] {Geo} really?
[15:59] {Geo} so i guess you missed me lol
[15:59] {Threei} very much so
[15:59] {Threei} btw, who are you?
[15:59] {Geo} I am Geo from LA
[16:00] {patience} no trades for me today...not my type of market....sigh
[16:00] {Threei} ah yes... yeah, we missed you
[16:00] {dino} loser for me
[16:00] {Threei} (whispering) folks,anyone remembers who this guy geo is?
[16:00] {Geo} yeah still at -96 from the morning
[16:00] {Threei} whom we missed so much?
[16:00] {Geo} HEY
[16:00] {Geo} if I would be here you all would be killing it
[16:01] {Geo} I am the resident mascot
[16:01] {Threei} OK... be here tomorrow please
[16:01] {Geo} :)
[16:01] {Threei} OK guys, thank you all
[16:01] {Threei} have a good evening, see you tomorrow
[16:01] {lisa_jay} Bye Vad. Thanks.
[16:01] {Geo} few rules i need to be here onix needs to be absent and chaer need to take the opposite position[16:03] P16:03} {magoo} good nite'
[16:04] {dino} lol geo
Session Time: Mon Nov 17 00:00:00 2008
[08:21] {Threei} LVS
[08:21] {Threei} SUBSTANTIAL DOUBT ABOUT ABILITY FOR COMPANY TO RUN AS 'GOING CONCERN' HAS BEEN REMOVED DUE TO RECENT CAPITAL RAISE - FILING DATED11/10
[08:22] {Threei} 11/14/08 04:51pm
[08:22] {Threei} [GNW] Genworth Financial Inc Has reportedly applied for Savings and Loan status
[08:22] {Threei} - LNC has also reportedly applied for similar status
[08:22] {Threei} - To acquire InterBank fsb
[08:40] {wishbone} gm vad
[08:41] {Threei} wishbone :)
[08:48] {magoo} morn
[08:48] {Threei} magoo :)
[08:51] {hawkfan4} morning all
[08:52] {Threei} hawk :)
[08:54] {cosmo} ....Babies ....Bathwater ....Everywhere....
[08:55] {Threei} yup... make sure you have non-slippery shoes on
[08:55] {lisa_jay} Hi Vad.
[08:55] {cosmo} just keep your socks changed
[08:56] {Threei} lisa :)
[08:56] {lisa_jay} Good morning everyone.
[08:56] {Threei} and to be environemntally conscious, make sure those are bamboo socks
[08:56] {cosmo} oh?
[08:56] {Threei} advertised in local paper
[08:57] {cosmo} not hemp?
[08:57] {Threei} nope... bamboo
[08:57] {cosmo} times have changed
[08:58] {Threei} they do on hourly basis these days
[08:58] {cosmo} skeery
[08:58] {Threei} on Friday for instance, we went through both, extreme bull market which was never to end to total bear which was here forever
[08:59] {Threei} somehow they manage to live in peace next to each other, with barely a fence
[09:00] {cosmo} just bars
[09:00] {Threei} and pubs?
[09:00] {dino} gm all
[09:00] {Threei} dino :)
[09:00] {dino} another end of days it seems
[09:00] {Threei} yup
[09:01] {Threei} FED'S HOENIG: WORRIED ABOU THE IMPACT OF RECENT INTERVENTIONS
[09:01] {Threei} really?
[09:02] {Threei} (RU) RUSSIAN RTS EXCHANGE HALTED, LIMIT DOWN
[09:02] {Threei} why do they even bother to open it?
[09:03] {Threei} it seems to spend more time closed this fall than open
[09:07] {hawkfan4} lol, no kidding
[09:09] {Geo} gma all
[09:09] {Threei} geo :)
[09:10] {KSystems} *yawn*
[09:10] {KSystems} Good morning
[09:10] {Threei} KS :)
[09:10] {KSystems} Vad :)
[09:10] {dptl} good morning all
[09:10] {Threei} dp :)
[09:15] {Threei} *OCT INDUSTRIAL PRODUCTION: 1.3% V 0.2%E;
[09:17] {Onix} Good morning all
[09:20] {Threei} onix :)
[09:23] {muddleheaded} Hi.
[09:23] {Threei} mudd :)
[09:24] {hawkfan4} muddleheaded, named for exactly how i feel this morning
[09:24] {dino} uthr
[09:24] {Threei} I'll join
[09:24] {Threei} LVS picking up strength again
[09:25] {magoo} working theory for today vad?
[09:26] {Threei} somehow, I have none at this point
[09:26] {Threei} can't tget any other feel that market being confused
[09:26] {Threei} that = than
[09:27] {Threei} want to wait a little, let it form opening range
[09:27] {Threei} see which way it breaks and how the break is met
[09:30] {ese} good morning.....interesting connection......took it about 30 sec to decide what it was doing
[09:30] {Threei} ese :)
[09:31] {Threei} Long Setup: LVS 7 break half lot
[09:31] {Threei} stop under 6.80
[09:31] {magoo} in
[09:31] {Threei} 1:1
[09:32] {lisa_jay} too fast for me.
[09:32] {Threei} half out, scalpers take profit
[09:32] {magoo} out TY
[09:32] {magoo} +.20
[09:32] {Threei} :)
[09:32] {tomg} thanks vad
[09:32] {Threei} tom :)
[09:33] {Threei} Short Setup: ADBE half lot .55 break if stays below .70
[09:34] {Threei} market drops, maybe aggressive entry
[09:34] {magoo} in
[09:34] {Threei} wow... late for aggressive, lol
[09:34] {magoo} .58
[09:34] {dptl} in.54
[09:35] {lisa_jay} in .55
[09:36] {dptl} stopped
[09:36] {magoo} st
[09:36] {lisa_jay} stopped.
[09:39] {Threei} Long Setup: FMCN .30 break if stays above .20
[09:43] {lisa_jay} Is FMCN still valid Vad?
[09:43] {Threei} could be with market strength returning... half lot
[09:44] {lisa_jay} ok, thanks
[09:44] {Threei} Long Setup: DRYS half lot .25 if stays above .10
[09:45] {dino} lod
[09:45] {lisa_jay} Dell still strong
[09:45] {Threei} yeah, tat's intriguing
[09:47] {Threei} if pulls back into .60, should be good entry
[09:49] {Threei} NASDAQ starts reluctantly looking like upward break
[09:49] {lisa_jay} DISH
[09:50] {Threei} Long Setup: QQQQ .70 if stays above .60
[09:51] {dptl} in .72
[09:53] {dptl} half out
[09:53] {dptl} .82 ty
[09:54] {Threei} BIDU, what carnage
[09:56] {magoo} news BIDU?
[09:56] {dino} met
[09:57] {hawkfan4} 7-Nov-08 09:35 ET In Play Baidu.com: Early weakness attributed to Forbes story about Baidu selling search links to medical cos with unapproved claims (162.17 -16.72)
[09:57] {peterg} late start, computer probls good morning all
[09:58] {dino} sm l met .80
[09:59] {hawkfan4} watching LVS pullback, maybe gap fill 6.15-6.20 for entry
[10:00] {dptl} stop under .70 qqqq?
[10:00] {dptl} for the balance
[10:01] {dino} met stopped -.33
[10:01] {Threei} some downgrades BIDU also
[10:01] {Threei} sure do, as usual
[10:02] {Threei} dp
[10:02] {Threei} yeah, LVS is getting interesting here for bounce
[10:02] {Threei} hi peter
[10:03] {lisa_jay} fmcn went up nicely
[10:04] {Threei} you took it lisa?
[10:04] {lisa_jay} Nope...
[10:04] {dino} saudi oil tanker attacked
[10:04] {lisa_jay} Why do u think it went up?
[10:05] {Threei} ummm
[10:05] {Threei} because of buyers... :)
[10:05] {lisa_jay} No silly...b/c i did not buy it.
[10:05] {hawkfan4} lol
[10:05] {Threei} oh
[10:05] {Threei} :)
[10:06] {lisa_jay} Another morning of needing to book quick profits.
[10:06] {Threei} a lot of indecisiveness in the market so far
[10:06] {lisa_jay} Had .10 on q's, .15 on DRYS.
[10:06] {Threei} but somehow there is afeeling of underlying strength
[10:07] {lisa_jay} Yes.
[10:07] {Threei} Long Setup: DISH .25 break if stays above .15
[10:09] {Threei} bounce canadidate instead
[10:09] {Threei} oh boy
[10:09] {Threei} I just noticed FEED
[10:09] {Threei} under $2??
[10:09] {hawkfan4} wow
[10:11] {Threei} we need some kind of "buy everything" button for when this market is finally done dropping
[10:11] {Threei} 'cause it's going to be a challenge to decide what to bujy
[10:12] {lisa_jay} DELL at .60
[10:12] {Threei} need market strength for entry
[10:13] {Threei} ideally, NASDAQ jumps up, DELL gives a little pause for entry
[10:16] {dino} dji lod
06[10:17] * laserdave1 slaps Threei around a bit with a large trout
[10:17] {Threei} good morning to you too dave
[10:18] {lisa_jay} serious selling
[10:19] {Threei} yup, staying on a sideline to see whether we bounce or consolidate and break down
[10:24] {Threei} bounce is unconvincing
[10:27] {Threei} not mych rythm to moves... hard to get a feel
[10:27] {Threei} not much to my typing either
[10:28] {Threei} Long Setup: UAUA 10.11 half lot if stays above 10
[10:29] {hawkfan4} LVS .28
[10:30] {dptl} in uaua .12
[10:30] {magoo} in .10
[10:32] {Threei} nice LVS hawk
[10:32] {Threei} BIDU
[10:32] {Threei} HEARING DEFENDED AT JP MORGAN (TIMING UNCERTAIN)
[10:33] {dino} sm risky l deck .75
[10:33] {dino} wide
[10:33] {hawkfan4} thx :)
[10:36] {laserdave1} dawg dcc please
[10:39] {Threei} ah come on UAUA
[10:39] {Threei} move already, while we are young
[10:39] {Threei} don't tell me 7 cents was all you were capable of
[10:40] {Threei} chart looks very nice starting rom 10:20
[10:40] {Threei} just no shakeouts please
[10:46] {Threei} quite jellyfish-like movements
[10:46] {Threei} US TREASURY: FED'S FINANCE BALANCE WILL FALL IN FUTURE WEEKS
[10:46] {Threei} thanks for that
[10:48] {Threei} sigh
[10:48] {dptl} yah...stopped
[10:51] {Threei} we need some kind of resolution
[10:52] {Threei} I am not too jazzed about these "little scalp, little stop" back and forth
[10:56] {Threei} can't think of better visual for this morning trading than
[10:56] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[10:58] {hawkfan4} lol, that's pretty much how i got myself to my office this morning
[10:58] {Threei} I am still on my way...
[10:58] {Chaeron} Good morning all
[10:59] {dino} urbn l .60 stop .47
[10:59] {Threei} chaeron :)
[11:04] {Threei} Long Setup: QQQQ .55
[11:04] {Threei} just a scalp
[11:04] {Threei} stop .49
[11:05] {Threei} out .65
[11:05] {Threei} WHITE HOUSE SPOKESPERSON NOTES THAT CONGRESS DOES NOT HAVE THE NECESSARY VOTES TO PASS ASSISTANCE FOR AUTOMAKERS
[11:05] {Threei} {GM F}
[11:05] {Threei} hmmm... and market spikes on this?
[11:06] {lisa_jay} Dell has become a teleporting stock.
[11:07] {dptl} grabed +.30 on cpo...almost flat now...wheeeu
[11:07] {lisa_jay} Nice Dptl.
[11:07] {dino} gj dp
[11:07] {dptl} ty
[11:08] {lisa_jay} ebay
[11:09] {dino} it should 3i, bailout is waste of $
[11:12] {Threei} you mean market has actually become rational about it?? :)
[11:12] {Threei} guys... stronger and stronger feeling, rally in the making
[11:12] {Threei} against all odds
[11:13] {Threei} wow
[11:13] {Threei} MARC CUBAN HAS BEEN CHARGED BY THE SEC WITH INSIDER TRADING - WSJ
[11:13] {Geo} about time
[11:13] {lisa_jay} Dell consolidating at 11
[11:13] {Threei} HIG
[11:13] {Threei} REPORTEDLY INJECTING $100M IN CAPITAL INTO RECENTLY ACQUIRED FEDERAL TRUST
[11:13] {Threei} - Reminder: On 11/14 HIG said it would acquire Federal Trust Bank, apply to TARP and apply to become a Savings and Loan Holding company.
[11:14] {Threei} dino... gut says anything?
[11:15] {Threei} volume lower on NQ/QQQQ pullback
[11:16] {dino} up big
[11:16] {Threei} high five
[11:16] {Threei} same here
[11:16] {dino} told magoo 30 minutes ago, something feels up
[11:16] {Threei} with a few more shakeouts prior ramp-up
[11:16] {dino} to easy down
[11:23] {dptl} off to visit eye doctor.....i hope i'll SEE you later...:)
[11:25] {Threei} ask him if he has any pills helping to turn charts in your eyes upside down
[11:25] {dptl} lol
[11:25] {Threei} would be a pleasure to find we had a big bull market over last year
[11:26] {Threei} and if market starts rallying for real, you just stop taking pills
[11:26] {Threei} simple as that - permanent bull market, nomatter what
[11:27] {KSystems} they should sell those pills for accounts as well
[11:27] {KSystems} not only charts
[11:28] {Threei} eve better idea
[11:28] {Threei} a lot of investors would have gladly bought couple boxes of pills
[11:34] {Threei} great
[11:34] {Threei} look at UAUA
[11:34] {Chaeron} I hate you......
[11:34] {Chaeron} (teasing)
[11:35] {Threei} that's OK, you are not alone
[11:35] {Geo} i think the markets are onto vad
[11:35] {Geo} they know his setups now
[11:36] {Threei} sure took them a while to figure those out
[11:36] {Threei} about 100 years
[11:48] {magoo} phone 4 you vad
[11:48] {dino} not in
[11:49] {Threei} I have earplugs in
[11:49] {magoo} its UAUA..says its important
[11:49] {Threei} tell it, I want it pullback to .20, I'll buy it
[11:50] {Threei} also, C
[11:50] {Threei} has a good shot at big recovery today
[11:51] {dino} urbn out .79, +.19
[11:51] {dino} too tight
[11:52] {hawkfan4} CIT 4, stop .94
[11:54] {muddleheaded} We might have a buy anything move here.
[11:54] {Threei} probably one last pullback
[11:54] {Threei} then explosion
[12:00] {dino} out deck 60.15, +1.40
[12:00] {Threei} beautiful
[12:00] {dino} ty
[12:00] {dino} too soon of course
[12:01] {Threei} good pullback C
[12:02] {Threei} wanted it a bit closer to .20
[12:04] {peterg} ok back again after computer fix
[12:05] {peterg} looks like ppl havn fun
[12:05] {KSystems} yay.
[12:06] {peterg} !
[12:24] {dino} emr sm l .00
[12:29] {Threei} sheesh, finding an entry is next to impossible
[12:29] {Threei} what a wierd way for market to rally today
[12:30] {Threei} sorry peter
[12:30] {Threei} weird
[12:30] {Threei} OK, if this pattern hold, then Qs should be a buy around 29
[12:31] {Threei} C around .60
[12:31] {Threei} DELL is questionable
[12:31] {Threei} UAUA I hate
[12:35] {Threei} C won't pull back anymore
[12:37] {Threei} US APPEALS COURT REINSTATES 2004 KICKBACKS CASE AGAINST HIG
[12:37] {Threei} jeez
[12:38] {Threei} not only there is a case for kickbacks, but it also was "made to go away" at some point?
[12:38] {Threei} OK, getting interested in C
[12:38] {dino} sm l met .51
[12:40] {Threei} .64 - .65 C long if holding .60
[12:50] {Geo} c is lagging...
[12:51] {Geo} didnt really follow the market well.....
[12:51] {Threei} yeah, tired a bit
[12:51] {Geo} good trading all.... off to work -96 today
[12:51] {Threei} take care geo
[12:51] {Threei} useless day so far
[12:51] {Geo} yeah :(
[12:58] {Threei} messy charts
[13:11] {laserdave1} dawg dcc please
[13:14] {dino} it's like breakouts are a failed stategy anymore
[13:14] {Threei} today for sure
[13:15] {Threei} breaks are false, followed by immediate pullback, and pullbacks are impossible to buy since they bottom out at random levels
[13:15] {dino} it's like you can read my mind
[13:15] {lisa_jay} And to add to that profits are slippery.
[13:15] {Threei} nah, we are just l;oking at the same charts
[13:16] {laserdave1} KSystems dcc please
[13:16] {Threei} laserdave is on dcc rampage
[13:16] {laserdave1} laserdave dcc please
[13:16] {laserdave1} :)
06[13:17] * KSystems slaps laserdave1 around a bit with a large trout
[13:17] {laserdave1} hey who taught him that?
[13:17] {Chaeron} :)
[13:18] {laserdave1} that was u Chaeron
[13:18] {laserdave1} niceee
[13:18] {Threei} dave you may not be aware of this,
[13:18] {Threei} but everyone upon connection to the room gets this automessage
[13:19] {Threei} with brief instiruction how to use trout and very short list of names to slap
[13:19] {Threei} very very short list
[13:19] {laserdave1} hahahhahaha
[13:19] {Threei} I mean extremely short
[13:20] {Threei} in fact, competition for that list was so severe
[13:20] {Threei} just one name made it
06[13:20] * KSystems slaps Threei around a bit with a large trout
[13:20] {Threei} OK, now you are venturing outside of that list
[13:20] {laserdave1} see what happens when u try to be funny
[13:21] {Threei} nothing really happens... unfortunately :(
[13:22] {Threei} IMF'S LIPSKY: GLOBAL STIMULUS AT APPROX 2% OF WORLD GDP IS JUSTIFIED, MANY ADVANCED AND EMERGING ECONOMIES CAN AFFORD TO EASE MONETARY POLICY
[13:22] {Threei} - Fiscal stimulus is more effective when implemented among key trading partners at the same time.
[13:22] {Threei} - Deleveraging will likely shift risk spreads to reduced volumes.
[13:22] {Threei} - Short-term liquidity facility may become part of the IMF's policy toolkit.
[13:22] {Threei} - The financial crisis has shown the limits of regulatory and supervisory regimes at the domestic and international levels
[13:24] {Threei} what's this deal with pirates and oil tanker
[13:24] {Threei} I mean, how do you hijack the tanker??
[13:25] {Threei} and where do you hide it?
[13:28] {Threei} and no chaeron, I am not asking in order to learn and apply the knowledge, stop dccing me with those 'I know how, let'd do it"
[13:29] {lisa_jay} lol
[13:29] {Threei} thank you lisa
[13:29] {Threei} I know it was amercy laugh but I appreciate the sentiment nonetheless
[13:30] {lisa_jay} No quiet funny...better then entering a trade b/c bored.
06[13:30] * Chaeron slaps Threei around a bit with a large trout
[13:31] {Chaeron} Threei has me confused with magoo
[13:37] {Threei} on a contrary... magoo told me he knows how but he is not taking me along, he'll do it himself
[13:46] {Threei} this reminds me beginning of last week... started out very slowly and boring too
[13:53] {Threei} C... going to try .35 long with stop under .30
[14:00] {Threei} invalidated
[14:14] {Threei} anyone has any trading ideas, feel free to share
[14:15] {Threei} 'cause I can't read jack in this mess
[14:16] {dptl} i am back....:) hows everything
[14:16] {Threei} same
[14:16] {Threei} yawn
[14:18] {lisa_jay} Q's double bottom?
[14:21] {dino} ice sm l .40 wide risky, needs mkt
[14:23] {dptl} hew?
[14:29] {dino} stopped
[14:33] {Threei} Ok guys, to distract from meaningless action for a minute, and give you something to think about
[14:33] {Threei} who is up for a week in Bahams in first half of April?
[14:34] {Threei} some trading seminars, market in general, and nice vacation
[14:34] {Threei} details to follow within couple weeks
[14:34] {Threei} meanwhile, have a look at your schedules
[14:34] {dino} possibly
[14:37] {Threei} anyone remembers SHLD above 100?
[14:38] {dino} f#####%g rinses
[14:38] {dino} 200 wasn't it, a big cramer buy
[14:39] {Threei} and they say Friday's are tough for trading
[14:39] {Threei} I personally hate Mondays
[14:41] {dino} mondays are my low days lately, positive 1 out of last 4
[14:43] {Threei} BUSH ADMINISTRATION WILL REPORTEDLY NOT LOOK TO PURSUE THE REMAINING $350BOF THE BAILOUT PACKAGE, ALLOW OBAMA ADMINISTRATION TO MAKE THE DECISION
[14:43] {Threei} nicey nicey
[14:43] {Threei} group hug in front of White House
[14:43] {Threei} Washington air filled with love
[14:44] {dino} sm risky, wide uthr l .10
[14:44] {Threei} why do I picture Chaeron ruining the idyllic picture with big fish in his hands
[14:44] {lisa_jay} c
[14:47] {dptl} xexe..they talking about russian hats on cnbc...lol
[14:48] {Threei} okay okay, I'll take it off
[14:49] {dptl} :)
[14:50] {dptl} faniest thing they sad...that russians called hats shapka lol
[14:50] {Threei} that's deep insight
[14:50] {dptl} lol
[14:51] {Threei} if I go to russian TV and say Americans call shapka a hat - will I be considered a specialist in American fashion and culture?
[14:52] {dptl} roflol
[14:52] {dptl} oh Cramer now....on Russia
[14:53] {Threei} he is a specialist too?
[14:53] {dptl} apperently....:)
[14:54] {muddleheaded} Anybody watch King of the Hill last night? They had a Cramer copy called "Dow Genius." Pretty funny, hopefully someone will post it on youtube.
[14:55] {Threei} no... but I did watch a Quantum of Solace on Fri
[14:56] {muddleheaded} Was it good?
[14:57] {Threei} well... I maybe niot the right person to ask since I like all Binds :)
[14:57] {Threei} Bonds
[14:57] {Threei} except Die Another day
[14:57] {Threei} but yeah, I do like the flavor Craig brings to this role
[14:58] {dino} uthr stop to b/e
[14:58] {Threei} and ukrainian girl is a stunner
[14:58] {dino} i saw some of it mud
[14:58] {muddleheaded} Cool.
[14:59] {Threei} some of it?
[14:59] {Threei} have you fallen asleep? :)
[14:59] {dino} stopped uthr flat
[14:59] {Threei} oh, you mean King of the Hill... lol
[15:00] {dino} i did, lol
[15:00] {Threei} meanignless up and down continue...
[15:02] {muddleheaded} I gotta go, enjoy the rest of the day everybody.
[15:03] {dino} rinsed!!!!!!!!!!!!!!!
[15:06] {Threei} take care mudd
[15:08] {Threei} ADBE
[15:08] {Threei} CEO: GLOBAL FINANCIAL CRISIS IS EXPECTED TO HAVE SHORT TERM IMPACT ON BUSINESS
[15:08] {Threei} CEDC TICKS HIGHER AFTER POSITIVE COMMENTS BY JIM CRAMER
[15:11] {Threei} I want to short SHLD badly
[15:11] {Threei} oh good, no in short list
[15:12] {Threei} one rinse less
[15:13] {magoo} look at the minute q chart
[15:13] {magoo} wtf
[15:13] {Threei} saw
[15:14] {Threei} with irregular teeth
[15:14] {magoo} it looks like my tracks home from pub sat nite
[15:14] {dino} not much bounce cetv
[15:15] {lisa_jay} Breakout now?or fakeout?
[15:15] {Threei} good question
[15:15] {Threei} all breakouts today turned to be fake
[15:16] {lisa_jay} Yes.
[15:16] {dino} ice last try l .50
[15:16] {Threei} choice is between risk of another rinse and missing the real one
[15:17] {dino} just short when i go long, getting r8insed everywhere, and when i stop out, go long
[15:17] {dptl} ok...have a good evening all:)
[15:17] {Threei} what?
[15:17] {dino} cya dp
[15:17] {Threei} you want to leave us to suffer alone?
[15:17] {Threei} stay and suffer with us!
[15:17] {dptl} xe xe:)
[15:18] {Threei} what kind of comradiere is that
[15:18] {dino} look uthr, stops me flat and goes 1.20
[15:18] {dino} unf.gbelievable
[15:19] {Threei} just one of those days
[15:23] {Threei} there you go
[15:24] {Threei} another fake
[15:25] {Threei} GM
[15:25] {Threei} TO REPORTEDLY DELAY INCENTIVE PAYMENTS TO US DEALER BY TWO WEEKS TO ASSIST LIQUIDITY
[15:37] {Threei} here it's coming again?
[15:37] {Threei} lisa... that breakout answered our question
[15:37] {Threei} with resounding no
[15:38] {lisa_jay} Breakdown, sigh.
[15:38] {dino} well, i guess just one more down day
[15:38] {dino} then up one day
[15:38] {Threei} yeah, what's the problem
[15:39] {dino} pattern - - - + - - -
[15:40] {dino} 3:40 rally attempt, clockwork
[15:42] {Threei} one thing I am happy about todsay
[15:42] {Threei} moving to sideline and staying there whole second half of the day
[15:42] {Threei} look at this seesaw of QQQQ,
[15:42] {Threei} those all are stops stops stops if you try to play it
[15:43] {dino} ouch met, pru -20% today
[15:43] {Threei} I think it's a side effect of HIG
[15:53] {Threei} remember when I said I wanted to short SHLD?
[15:54] {Threei} dollar down since then
[15:54] {wishbone} bye all
[15:54] {Threei} I guess I can consider it my biggest achievement for the day
[15:54] {Threei} take care wishbone
[15:56] {Threei} whoa
[15:56] {Threei} SHLD
[15:56] {dino} cya wish
[15:57] {Threei} -200 DJI
[15:57] {Threei} just another day in the office
[15:58] {Geo} back
[15:59] {Geo} you guys did good today?
[15:59] {Threei} didn't do anything at all
[15:59] {Geo} i guess being flat is a position
[15:59] {Threei} no single frikin trade since you left
[15:59] {Geo} really?
[15:59] {Geo} so i guess you missed me lol
[15:59] {Threei} very much so
[15:59] {Threei} btw, who are you?
[15:59] {Geo} I am Geo from LA
[16:00] {patience} no trades for me today...not my type of market....sigh
[16:00] {Threei} ah yes... yeah, we missed you
[16:00] {dino} loser for me
[16:00] {Threei} (whispering) folks,anyone remembers who this guy geo is?
[16:00] {Geo} yeah still at -96 from the morning
[16:00] {Threei} whom we missed so much?
[16:00] {Geo} HEY
[16:00] {Geo} if I would be here you all would be killing it
[16:01] {Geo} I am the resident mascot
[16:01] {Threei} OK... be here tomorrow please
[16:01] {Geo} :)
[16:01] {Threei} OK guys, thank you all
[16:01] {Threei} have a good evening, see you tomorrow
[16:01] {lisa_jay} Bye Vad. Thanks.
[16:01] {Geo} few rules i need to be here onix needs to be absent and chaer need to take the opposite position[16:03] P16:03} {magoo} good nite'
[16:04] {dino} lol geo
Friday, November 14, 2008
Nov 14 2008
Another dramatic day (seems that's the only kind left). At some point the following assumption was made:
[11:44] {Threei} my assumption is, at certain point we will see at least attempt to repeat yesterday, not necessary as successful as yeaterday but tradable nonetheless
which proved to be accurate. We got a few nice trades off that. Backed off just in time not to get caught into end of day drop.
Session Time: Fri Nov 14 00:00:01 2008
[08:27] {magoo} kkjbaskeihsdj
[08:29] {Threei} good morning
[08:30] {Threei} OCT IMPORT PRICE INDEX M/M: -4.7% V -4.4%E
[08:30] {Threei} *OCT ADVANCE RETAIL SALES: -2.8% V -2.1%E; LESS AUTOS: -2.2% V -1.2%E
[08:31] {Threei} FED'S BERNANKE: WORLD CENTRAL BANKS STAND READY TO TAKE MORE STEPS IF NECESSARY, VOLATILITY AND RECENT DATA SHOW THAT CHALLENGES REMAIN
[08:31] {Threei} (CA) SEPT NEW MOTOR VEHICLE SALES M/M: 2.5 % V 1.0%E
[08:38] {hawkfan4} good morning
[08:40] {Threei} hawk :)
[08:42] {magoo} so vad..working theories for today
[08:43] {magoo} 1) another bummer 1 daty wonder...now pain
[08:43] {magoo} 2) bottom is in...start rocking up
[08:43] {magoo} 3) headfake up...big pain eod
[08:44] {Threei} IMO, odds are it's a mix of two, meaning:
[08:44] {Threei} bottom is in but not much of rocking today
[08:44] {Threei} my thinking is
[08:44] {Threei} line in the sand seems to be drawn,
[08:45] {Threei} market shakes out but refuses to give up whenever lows are challenged
[08:45] {Threei} and as soon as we retest those lows, big money jumps in
[08:45] {Threei} and buy everything in sight.
[08:46] {Threei} However, during recent weeks, there were so many bottom callers
[08:46] {Threei} and media pumped the idea of "staying the course" so loudly
[08:47] {Threei} that possibly some more of passengers elimination is needed before train can leave the station.
[08:47] {Threei} The ideal way to do it is probably to continue this gut-wrenching volatility for a while
[08:48] {Threei} especially considering quite a few unknowns justifying the lack of confidence
[08:48] {Threei} automakers destiny,
[08:48] {Threei} G-20 meeting (which is not likely to produce anything but a lot of noise)
[08:49] {Threei} new administration being shaped up
[08:49] {Threei} which adds to uncertainty as crew members naming will give a clue to policies ahead
[08:50] {Threei} so... working assumption for now would be to remain with scalping at the beginning of the day taking only safe and "obvious" setups,
[08:50] {Threei} watch for signs of continuation,
[08:50] {Threei} (which includes watching dino's gut)
[08:51] {Threei} if we see signs of this reckless "come hell or high water" buying - start deploying umbrella strategy
[08:51] {magoo} ah man..not that
[08:51] {Threei} sorry mags, but you'll have to do it for common good
[08:52] {Threei} sacrfices will be required from all comrades
[08:53] {Threei} btw... today is expiration of something, isn't it
[08:56] {lisa_jay} Good morning
[08:56] {Threei} lisa :)
[08:57] {_maga} good morning all
[08:57] {Threei} maga :)
[08:57] {Onix} Good morning all
[08:57] {Threei} onix :)
[08:57] {_maga} very interesting explanation you made
[08:58] {_maga} Vad
[08:58] {Threei} about dino's gut?
[08:58] {Threei} sorry... smart a$$ remark :)
[08:58] {_maga} your idea about the today situation
[08:59] {Threei} it's our traditional approach maga... based on major tape reading principle
[08:59] {Threei} market seeks ways to deliver maximum pain
[08:59] {_maga} this is the incredible thing to me
[08:59] {Threei} one of such ways is to establish trends having as few people on board as possible
[09:00] {Threei} if there are too many passengers, shakeouts are needed
[09:00] {_maga} but thinking about it .. i t makes sense..
[09:00] {Threei} market wants a lot of passengers at final stages of the move, not at early ones
[09:00] {Threei} because it'as final stages where the unloading takes place
[09:00] {Threei} and market needs crowd to unload to
[09:01] {Threei} have you read TTR?
[09:01] {_maga} yes like a balloon that cannot start to fly if too heavy of people
[09:02] {_maga} yes Vad, I did... and it is very very interesting
[09:02] {Threei} OK{ then you know major underlying ideas of this approach
[09:03] {_maga} it is the first time I found explained a good reason for those so frequent spikes up or down that alway drove me crazy .
[09:04] {Threei} most important things is, opnce you understand where they are coming from you get a ways to turn them to your advantage and profit from them
[09:06] {Geo} gm all
[09:07] {Threei} geo :)
[09:07] {_maga} by the way on those major idea... yesterday for the first time after weeks I left open a future on the index ... so happy today :-)
[09:08] {_maga} by the way... the italian index... money is already safe..
[09:09] {Onix} hi geo
[09:10] {lisa_jay} Hi Geo.
[09:10] {patience} blissful friday, good morning RT :)
[09:10] {Threei} patience :)
[09:12] {Onix} hi patience
06[09:12] * magoo slaps patience around a bit with a large trout
[09:13] {patience} patience rubs magoo's tummy to see if market will go up
[09:13] {dino} gm all
[09:14] {lisa_jay} Hi Patience, Dino
[09:14] {patience} hi dino, lisa_jay :)
[09:15] {Threei} dino :)
[09:15] {dino} gm lisa, patience
[09:16] {Onix} morning dino
[09:18] {dino} gm
[09:19] {dino} q? is can we get thru 8945 obama high from 10-07
[09:20] {dptl} good morning all
[09:20] {patience} g20 meeting this weekend discussing finances...my guess is yes dino
[09:21] {muddleheaded} Hi everybody.
[09:22] {Threei} dp, mudd :)
[09:22] {Onix} hi dp; mh
[09:22] {dptl} :)
[09:25] {ese} morning...
[09:25] {Threei} ese :)
[09:25] {Onix} hi ese
[09:26] {ese} interesting rally yesterday.....any of you alll take advantage.....
[09:26] {ese} hey onix
[09:26] {Threei} sure did
[09:26] {Threei} let's pick our index followers
[09:26] {Threei} depending on volatility you are willing to ednure:
[09:26] {Threei} ADBE, INTC, DELL, UAUA, GG
[09:27] {_maga} those are the index followers ...... and may I ask you with are the "salmons"
[09:28] {_maga} ? ;-)
[09:28] {_maga} with=which
[09:28] {Threei} salmons is something we need to hunt for throughout the day
[09:28] {Threei} it's not a permanent characteristic of any stock
[09:29] {Threei} watch for a stock that keeps JBE during market pullback
[09:29] {_maga} yes ... it is right.... this is the Reality world
[09:29] {Threei} that's your likely salmon candidate
[09:30] {_maga} ok got it... TX
[09:33] {Threei} UAUA did couple teleprotations
[09:33] {Threei} watch for sharp down into .30 area
[09:33] {Threei} if NQ moves up quickly, you have a few seconds to grab it and exit around .50
[09:36] {Threei} Long Setup: INTC 14 break if stays above 13.90
[09:36] {Threei} watch for market help
[09:36] {Threei} your ideal entry is if NASDAQ moves up sharply and INTC gives little delay for entry
[09:37] {Threei} with this break of support turns into bounce candidate rather, again with quick NQ spike only
[09:43] {Threei} Long Setup: CIT 4.15
[09:43] {Threei} let it pullback a little
[09:43] {Threei} stop would be under 4
[09:43] {Geo} in .155
[09:44] {Threei} :)
[09:44] {Threei} half out
[09:44] {dino} sm l aapl .60
[09:44] {Geo} all out .44
[09:45] {hawkfan4} gj geo
[09:45] {dino} aapl stopped -.36
[09:46] {Geo} i have made 400 my full lot
[09:46] {Threei} go home
[09:46] {Geo} lookiong back..... i dont handle 1k well :)
[09:46] {Geo} looking
[09:47] {Threei} (US) FDIC UNVEILS PLAN TO MODIFY 2.2M MORTGAGE LOANS
[09:47] {Threei} - The plan works to lower monthly payments for homeowners by offering mortgage servicers incentives to modify loans
[09:48] {dino} gj geo
[09:48] {Geo} TY
[09:48] {lisa_jay} Nice Geo...Missed CIT, was in INTC.
[09:48] {Geo} yeah didnt take intc
[09:48] {Threei} how did you structure the play lisa?
[09:49] {lisa_jay} Entered at .91
[09:49] {Threei} with stop .84 I take it
[09:49] {lisa_jay} Yes.
[09:49] {Threei} exited any?
[09:50] {Onix} ty Vad, i got .9 in INTC
[09:50] {lisa_jay} No....should have done at .01 (1:1)
[09:50] {Threei} onix :)
[09:50] {Threei} OK, NQ is spiking, offer half
[09:50] {lisa_jay} Ok.
[09:52] {Threei} the way NASDAQ shapes is,
[09:52] {Threei} NQ breaking 1220 should star a rally
[09:52] {Threei} losing 1205, we are on hold
[09:53] {Threei} so, if you are lookinh at Qs for a play, that would be 30 break
[09:53] {Threei} want to see some consolidation close to it, not just sharp spike into 30
[09:53] {wishbone} gm all
[09:53] {Threei} wishbone :)
[09:54] {Onix} hi wishbone
[09:54] {muddleheaded} What timefrime do you look at the NQ?
[09:54] {Threei} 1 min
[09:54] {muddleheaded} O.K.
[09:55] {dino} aapl sm l .25
[09:55] {Threei} *NOV PRELIMINARY UNIVERSITY OF MICHIGAN: 57.9 V 56.2E
[09:55] {Threei} guess wgho is salmon so far...
[09:55] {Threei} LVS
[09:56] {Threei} this is sharp spike into resistance
[09:56] {Threei} not taking this break
[09:56] {lisa_jay} qqqq 30
[09:56] {Threei} need pullback with tight consolidation
[09:56] {dino} gap fill coming dji
[09:57] {Threei} or move higher, then pullback into 30 to buy near new support
[09:57] {Threei} see this sharp down spike?
[09:57] {lisa_jay} yes
[09:58] {Threei} that's how these traps work, when resistance is broke by vertical move instead of consolidation
[09:58] {lisa_jay} Wow...thanks Vad.
[09:59] {Threei} Qs for scalp now
[09:59] {Threei} first strength with stop under .80
[10:00] {dptl} in .88
[10:01] {dino} out pru lucky overnight +.82
[10:01] {Threei} nice :)
[10:02] {lisa_jay} Took .09 on Q's Thanks Vad.
[10:02] {Threei} lisa... mastering the scalping dance :)
[10:02] {lisa_jay} All your calls Vad :-)
[10:02] {Threei} well, these were not the calls with exzct entries
[10:03] {Threei} these were conceptual calls
[10:03] {Onix} wtg dino
[10:03] {Threei} can't really utilize them unless you amass certain understanding
[10:03] {dino} gj lisaaaaaaaaa
[10:04] {dino} ty onix, that was dumb luck
[10:04] {lisa_jay} Thanks Dino
[10:04] {Onix} you got guys dino
[10:04] {Onix} guts
[10:04] {dino} aapl stop to .09 its broken
[10:05] {dino} onix, i tried to get out afterhours, in this market it was stupid to hold, don't confuse luck w/skill
[10:05] {dino} stopped aapl, -.16
[10:06] {dino} whoosh down in the making imo
[10:06] {Onix} :)
[10:06] {dino} stepping aside
[10:06] {Onix} stopped QQQQ
[10:08] {lisa_jay} Dell also Salmon.
[10:08] {Threei} so far, yes
[10:08] {Threei} good observation
[10:08] {Threei} ADBE is pure follower
[10:08] {dino} it may be obama high is just another lower high in the series
[10:10] {Threei} DELL stayed solid green
[10:15] {Threei} Long Setup: DRYS 10 break half lot
[10:15] {Threei} if market helps and if stays above 9.80
[10:16] {Threei} DELL the salmon
[10:18] {Chaeron} Good morning all... been here, just busy
[10:18] {lisa_jay} HI Chaeron
[10:18] {Threei} haeron :)
[10:18] {lisa_jay} Selling accelerating
[10:19] {Chaeron} HI Lisa, herei :))
[10:19] {Onix} hi chaeron
[10:19] {Chaeron} oops hreei, Heya Onix! Keeping geo and magoo in control?
[10:20] {lisa_jay} DRYS invalidated Vad?
[10:20] {Threei} not really
[10:21] {Geo} comeon chaer.... i have been more focussed and less talkative these days
[10:21] {Geo} oops
[10:22] {Chaeron} Geo - just as long as your trading is kickin' butt :)
[10:22] {dino} or is his butt getting kicked?
[10:23] {Geo} yesterday got kicked
[10:23] {Chaeron} :)
[10:23] {Chaeron} how's that famous guy of yours today dino?
[10:23] {Chaeron} oops guy
[10:23] {Geo} you mean magoo?
[10:23] {Chaeron} dang... take 3 : guT
[10:23] {dino} mornings have been hurting me geo
[10:23] {dino} lol
[10:24] {dino} well, i called this 100 ot whoosh
[10:24] {Geo} yeah you gotta stop the bets dino !!
[10:24] {dino} heck of a pizza tho, always better free
[10:28] {dino} dia sm l .00, stop lod
[10:28] {Threei} anyone found the play on DELL?
[10:29] {lisa_jay} Only opening range scalp fro .18
[10:29] {lisa_jay} for
[10:29] {Onix} i
[10:29] {Onix} went in late at 10.71 DELL
[10:31] {dino} all sm l .25, stop .93
[10:31] {dino} too soon
[10:31] {lisa_jay} Sigh more selling
[10:33] {dino} keep stops
[10:34] {dino} dis stopped
[10:34] {dino} dia
[10:34] {Chaeron} DRYS
[10:34] {Threei} invalidated now
[10:35] {Chaeron} I was thinking short, but too late
[10:36] {dino} emr hmmm
[10:36] {Chaeron} Vad, your invalidation levels are very accurate. Sometimes I will play the other side as you know with decent success for scalps
[10:36] {Chaeron} :P dino... lol
[10:37] {Chaeron} http://stockcharts.com/h-sc/ui?s=$INDU&p=W&yr=6&mn=0&dy=0&id=p63855397799&a=152760184
[10:39] {dino} ?
[10:40] {Chaeron} don't ask me, I'm confused too
[10:41] {Chaeron} salmons finally weakening too with this market?
[10:41] {dino} overfishing to blame
[10:42] {Onix} :)
[10:42] {lisa_jay} lol
[10:43] {Threei} lol
[10:44] {Onix} stopped earlier in dell
[10:47] {Onix} ok ... ok, i get it. i will leave now for my day-job so that you guys can race up the market again. Enjoy!
[10:47] {Chaeron} bye Onix, have a great weekend
[10:48] {lisa_jay} Bye Onix.
[10:48] {Threei} Long Setup: GG .85 if stays above .70
[10:48] {Threei} half lot
[10:48] {lisa_jay} I am too slow..missed :-(
[10:49] {magoo} in vad
[10:49] {Geo} in .85 half out .01
[10:49] {magoo} wait .21
[10:49] {lisa_jay} Very nice call VAd.
[10:50] {Threei} OK, I feel bad
[10:50] {Threei} to isue a call a few seconds after Onix left...
[10:50] {Geo} hehe
[10:50] {lisa_jay} A great call like this.
[10:50] {dawg} out 1/2 .17
[10:50] {magoo} out .17 TY boss
[10:50] {magoo} to close to miss
[10:50] {Chaeron} I'll text Onix and let him know
[10:50] {Threei} you are very kind chaeron
[10:51] {Threei} in your own way
[10:51] {Chaeron} heh
[10:51] {Threei} which is scaringly similar to my way too
[10:51] {Chaeron} yep }:)
[10:51] {Chaeron} now, let's get another so I can really rub it in
[10:51] {dawg} be second half out
[10:52] {dawg} Thanks Vad +20 1/2
[10:52] {lisa_jay} GG back at buy levels...Is it still valid Vad?
[10:52] {lisa_jay} Never mind
[10:53] {Threei} watch market lisa
[10:53] {Threei} GG is a follower
[10:53] {Threei} a little exaggerating market moves
[10:53] {lisa_jay} Yes. Thanks Vad.
[10:53] {Threei} that's why I added half lot remark
[10:54] {Geo} what we already -250?
[10:54] {Geo} DJI
[10:54] {Threei} yes
[10:55] {lisa_jay} nasdaq down 54
[10:55] {Threei} how is it of any singificance, considering that we may well be up 300 in 3 minutes?? :)
[10:55] {Chaeron} Dino... gut feel... lower for close
[10:55] {Chaeron} ?
[10:55] {Chaeron} or we close green?
[10:57] {Threei} {dino} yes
[10:57] {Chaeron} loll
[10:57] {magoo} i'd tell u..but u no ask magoo
06[10:59] * Threei imagines magoo with his ear at dino's gut; eyes retina is burned out
[10:59] {Chaeron} Dino's gut is certifiably scientific technical analysis
[11:00] {magoo} ill tell u this....he has a huge "inny" belly button if u know what i mean
[11:00] {dino} watching met, afam, urbn, dia fwiw
06[11:00] * Threei fights strong puking reflex
[11:00] {dino} and dow
06[11:01] * dino slaps magoo around a bit with a large trout
[11:01] {Threei} actually... this is a very good idea
06[11:01] * Threei slaps magoo around a bit with a large trout
06[11:01] * Chaeron slaps magoo around a bit with a large trout
[11:01] {Chaeron} (I hate feeling left out......)
[11:01] {dino} lod's
[11:02] {magoo} if IF we rally, watch aapl for long ...could eassily go green...but thats not a call{yet}
[11:02] {dino} big "if" we rally.
[11:03] {dino} so our +550 is now only +240ish
[11:05] {Threei} look at DELL's resilience
[11:05] {magoo} complacency
[11:05] {magoo} the THE word
[11:05] {dino} magoo, a bet, i'll take -400 if you take green
[11:05] {magoo} down 300 and we dont even care
[11:05] {Threei} ADBE and INTC are in the crapper with market, this thing stays strong
[11:05] {magoo} only up 500 yesterday..more half back
[11:05] {Threei} maga... see how salmons appear amopng the stocks we watch?
[11:06] {lisa_jay} Dell daily chart is amazing.
[11:06] {magoo} AH CRAP
[11:06] {Threei} lol
[11:06] {magoo} dino, u trying to freeze friday
[11:06] {dino} c in the 8s again
[11:11] {magoo} l aapl here small
[11:12] {dino} emr sm l .50
[11:13] {magoo} in .43
[11:13] {magoo} oput here .689
[11:15] {Threei} US TREASURY'S KASKARI: $700B TARP PROGRAM IS NOT AN ECONOMIC GROWTH PLAN, EXPECTS TO APPROVE 20 BANKS FOR PROGRAM
[11:15] {Geo} wot???
[11:15] {Geo} then what is it?
[11:15] {Threei} DELL is on its merry way
[11:15] {Geo} handout to friends?
[11:15] {magoo} long aapl again .75
[11:15] {magoo} going 92.11 area
[11:16] {dawg} OK
[11:17] {magoo} stop .45
[11:18] {dawg} in .77
[11:18] {dawg} aapl
[11:18] {magoo} lay out
[11:19] {dawg} out .07 aapl
[11:19] {dawg} +30 aapl. Thanks Magoo!
[11:20] {dino} gj
[11:20] {dawg} time for another Bud
[11:22] {magoo} out .11
[11:22] {magoo} uh, carry the 3..+ .43??
[11:22] {magoo} nope, .36
[11:23] {magoo} see AAPL now??it was good trade but u gotta LAY OUT
[11:23] {dino} met sm l .75, forgot about order
[11:23] {dawg} yes was trying to follow your layout but lost my nerve magoo
[11:23] {magoo} SIGH..vad never compliments my calls...never
[11:24] {Threei} I don't?
[11:24] {magoo} shot of vodka builds nerve dawg
[11:24] {dawg} out DELL from .72 + 12
[11:25] {magoo} but now it would be killing us...if IF missed exit
[11:25] {dawg} yes it does and i am heading for one about now
[11:27] {dino} dawg, you the dog
[11:28] {dawg} have one on me dino it's friday...
[11:29] {dino} why thank you, indeed i will, several most likely
[11:29] {lisa_jay} Wuld that be a volume spike on Dell Vad?
[11:29] {Threei} ?
[11:30] {lisa_jay} 11:25?
[11:30] {Threei} doesn't mean anything
[11:30] {lisa_jay} ok, thanks
[11:33] {magoo} where u located dawg?ill stop in local pub tonight..im free man this weekend
[11:35] {dawg} portland oregon dino
[11:35] {lisa_jay} lvs vad?
[11:36] {dawg} portland oregon magoo i'll buy the first and second rounds
[11:36] {Threei} 6.50 break if holding above 6.40 lisa
[11:36] {Threei} not very high odds
[11:36] {Threei} kind of marginal setup
[11:37] {lisa_jay} ok, thanks Vad
[11:39] {dino} dji lod
[11:44] {Threei} my assumption is, at certain point we will see at least attempt to repeat yesterday
[11:45] {Threei} not necessary as successful as yeaterday but tradable nonetheless
[11:46] {Threei} hard to spot at the very beginning, but once couple higher lows is made, it will be a reason for long entries
[11:53] {dawg} out Dell in .78 out .91
[11:54] {Threei} :)
[11:54] {Threei} watching Qs here
[11:54] {lisa_jay} nice, i chickend out.
[11:54] {Threei} .33 long with .25 stop
[11:54] {Threei} this will be first attempt to get on that rally
[11:55] {Threei} invalidated, turned in bounce off .20
[11:58] {lisa_jay} how to play
[11:58] {Threei} watch for it to form harrow range,
[11:58] {Threei} let's say .15 - .20
[11:58] {dino} want to see lows hold
[11:59] {Threei} then buy .21
[12:00] {Geo} off to work... thanks all.... had a decent day
[12:00] {Threei} :)
[12:00] {Geo} have a great weekend
[12:00] {Threei} you too
[12:00] {Chaeron} bye Geo
[12:01] {dino} broken
[12:01] {lisa_jay} Vad, I bought .21...not sure it was right (got stopped out at .14)....Should i have waited for more consolidation?
[12:01] {Threei} I don't think so lisa
[12:02] {Threei} it could work just eas easily
[12:02] {Threei} that was kind of defining moment - bottom is in or new lows are in order,
[12:02] {Threei} whether you entry or whether you wait is a metter of your aggressiveness
[12:02] {Threei} matter
[12:03] {lisa_jay} So it is just 50:50 trade...(since agressive entry)
[12:03] {Threei} some prefer to wait for more confirmation, making it safer but risking to miss part of the move,
[12:03] {Threei} some perfer to try it risking small stop but taking a short at capturing bigger part of move
[12:04] {lisa_jay} Ok, thanks.
[12:04] {Threei} pretty much a matter of personal preference
[12:08] {magoo} u playing full lots on q?
[12:09] {Threei} I do
[12:09] {Threei} it's liquid, easy to get in and out
[12:14] {lisa_jay} 50% ret. for q's?
[12:15] {muddleheaded} Is this finally the bounce?
[12:16] {Threei} all we can do is try
[12:16] {Threei} .15 would be a trigger
[12:16] {Threei} .05 support to hold
[12:18] {Threei} didn't hold, no go for that setup
[12:19] {dino} urbn l .40, stop lod
[12:21] {lisa_jay} .15 q's break still valid Vad?
[12:22] {Threei} no
[12:22] {Threei} sgharop spike into resistance
[12:22] {Threei} not what I want to buy
[12:22] {lisa_jay} ok
[12:23] {lisa_jay} wow. this concept alone is a gem.
[12:24] {Threei} hah
[12:24] {Threei} read TTR, you'll find pages chock full of such gems :)
[12:24] {lisa_jay} Seeing it real time is amazing though..twice today.
[12:25] {ese} have a great weekend everyone.....not really doing much but am enjoying obseving....take care all.
[12:25] {Threei} take care ese
[12:26] {ese} see ya vad.......
[12:26] {lisa_jay} Bye Ese.
[12:27] {muddleheaded} The tail of this 15 min candle on the QQQQ is almost a 50% Fib retracement from yesterdays lows.
[12:28] {Threei} OK, becomes more like rally attempt
[12:28] {Threei} DELL is DELL, it just climbing through all this, lol
[12:28] {Threei} ADBE
[12:28] {Threei} .80 break, half lot
[12:29] {Threei} stop under .65
[12:29] {Threei} Qs pullback entry
[12:29] {Threei} .10 closest support
[12:31] {Threei} if no more pullbacks, Qs .24 long with .15 stop
[12:31] {magoo} l aapl .95
[12:32] {magoo} same concept
[12:32] {dawg} in aapl .97
[12:32] {Threei} in Qs
[12:32] {Threei} .17
[12:33] {Threei} stop under .10
[12:33] {dawg} in Q.s
[12:33] {Chaeron} me too .19
[12:34] {magoo} dont like this
[12:34] {dino} learn to
[12:34] {Chaeron} what, me in too? or the neg action ?
[12:34] {Threei} lol
[12:34] {magoo} lol
06[12:34] * Chaeron {{{ kiss of death
[12:34] {dino} lol
[12:35] {Threei} ok, this is great spot for suden spike, market
[12:35] {Chaeron} quiet before I double up
[12:35] {Threei} use this opportunity to earn our respect
[12:35] {Threei} or we will spit on you
[12:35] {Threei} twice
[12:35] {dawg} out aapl .16
[12:36] {dptl} in qqqq.19
[12:36] {magoo} layouyt .41
[12:36] {dawg} Thanks magoo need another shot of Vodka heer out ot soon
[12:36] {dino} giddy up
[12:36] {Threei} good job so markety, now break this most recernt high
[12:36] {Threei} 1190 for NQ
[12:36] {magoo} out HERE
[12:36] {Threei} .24 for Qs
[12:37] {Threei} good boy
[12:37] {magoo} .31
[12:37] {Threei} now just go, no more headfakes
[12:37] {Threei} half out Qs
[12:37] {dptl} half out +.11 ty
[12:37] {dawg} 1/2 iyt Q's out
[12:38] {Threei} offering 1/4 more .41
[12:38] {magoo} .40 here lol
06[12:38] * Threei slaps magoo around a bit with a large trout
[12:38] {dawg} offering 1/4 mrore
[12:38] {magoo} oput
[12:38] {magoo} TY vad
[12:38] {Threei} welcome sir
[12:38] {dptl} some more out .40
[12:39] {magoo} nice aapl Dawg
[12:39] {magoo} get out imo
[12:39] {Threei} DELL, eh?
[12:40] {dawg} Thanks to you magoo great call wathcing q.s now
[12:40] {Threei} hit at .41
[12:40] {dawg} out .41
[12:40] {dino} urbn stop to .59, emr stop to .04
[12:40] {dawg} last 1/4 vad?
[12:40] {Threei} .19 stop
[12:40] {dawg} okk
[12:40] {Threei} waiting to see what shapes up
[12:41] {Chaeron} out at .41... and I doubled up :P see? It's not me you can blame anymore... + $0.21
[12:42] {dino} out emr .10, +.60 took all day
[12:42] {lisa_jay} Out q's .21 and .23 Thanks Vad.
[12:43] {Threei} wait
[12:43] {Threei} .21 or +.21?
[12:43] {dino} a or A
[12:43] {lisa_jay} + :-)
[12:43] {Threei} whew
[12:44] {Threei} good job :)
[12:44] {lisa_jay} :-)
[12:44] {Chaeron} beauty Lisa
[12:44] {Threei} careful Lisa, he is flirting
06[12:44] * Chaeron blushing
[12:45] {Chaeron} er uh, nice trade Lisa
[12:45] {dino} always
[12:45] {lisa_jay} Er...ah ..(blush..blush), thanks Chaeron.
[12:45] {Chaeron} hey dino... gut say green today?
[12:46] {Chaeron} (trying to change subject)
[12:46] {dawg} still in Qs vad? ;;;loks llike its ready togo
[12:46] {Threei} last portion, yes
[12:47] {dawg} okl
[12:47] {Threei} looking, thinking where to exit
[12:47] {dino} dk chaer, but feeling up then -200 close
[12:47] {dawg} let me know
[12:47] {Chaeron} thanks
[12:47] {dino} sort of feels too easy
[12:47] {dino} out urbn .62, +.22
[12:48] {Threei} DELL
[12:48] {Threei} pullback entry
[12:48] {Threei} with first NQ strength
[12:50] {Threei} in
[12:50] {Threei} .14
[12:50] {dawg} in dell
[12:50] {Threei} stop under .10
[12:51] {Threei} Qs stop to .29 for the last portion
[12:51] {dawg} ok thandks
[12:51] {dptl} in dell .15
[12:51] {magoo} u dog:)
[12:51] {dawg} yes sir magoo
[12:53] {muddleheaded} The tail of this 15 min candle on the QQQQ bounced off a 38.2% Fib retracement from yesterdays low to high.
[12:54] {lisa_jay} yeah, shy of .02
[12:54] {lisa_jay} for
[12:54] {lisa_jay} muddle
[12:55] {magoo} mudds confusing magoo here lol
[12:55] {muddleheaded} To make everyone muddleheaded :)
[12:56] {Threei} he is not confusing me... but the reason is, I am naturally confused, not much anyone could add to that
[12:56] {Threei} offering last portion Qs .57
[12:56] {dawg} OK with you
[12:57] {Threei} stop to .35
[12:57] {dino} partial deck fill .90
[12:58] {dawg} .)
[12:58] {Threei} half out DELL .19
[12:58] {Threei} not really what I wanted but it stalled
[12:58] {Threei} want to cut risk in half
[13:00] {dawg} out 1/2 dell
[13:00] {Threei} (US) SENATE MAJORITY LEADER REID: SENATE WILL TAKE UP AUTO INDUSTRY BAILOUT BILL AND UNEMPLOYMENT EXTENSIONS ON MONDAY
[13:00] {Threei} - Hopes for proceedural votes on measures early next week.{GM F}
[13:01] {dptl} half out dell.20 ty
[13:02] {Threei} kind of wanted it above .30 for first exit
[13:02] {Threei} done with Qs for now
[13:02] {dptl} yeah..was offering around that too
[13:02] {dawg} stooped Q.s last 1/4
[13:03] {dptl} all out qqqq
[13:05] {jmb} thanks vad
[13:05] {Threei} welcome jmb
06[13:05] * Chaeron slaps laserdave1 around a bit with a large trout
[13:06] {Chaeron} Dave... Dcc please?
[13:06] {Threei} sneaky'
06[13:06] * Threei slaps laserdave1 around a bit with a large trout
[13:06] {Threei} yes dave, dcc
[13:06] {Threei} {--- second in line
[13:06] {Threei} Chaeron trouted him first
[13:06] {Chaeron} I'll be quick with him Threei
[13:06] {Threei} he has the right of the first night
06[13:07] * magoo slaps laserdave1 around a bit with a large trout
[13:07] {Chaeron} (reminds me of D'Artagnian's first encounter and duel set up in 3Musketeers... heheh)
[13:07] {Chaeron} me first, then 3i, then magoo
[13:07] {Chaeron} *sigh* nevermind
[13:08] {Threei} I claim Atos (or however he is spelled in Enlgish
[13:08] {Chaeron} magoo is Portos (or whatever.. lol)
[13:09] {magoo} that does it............................
06[13:09] * magoo slaps Chaeron around a bit with a large trout
[13:09] {Threei} D'Artagnian is too young for me, Aramis is too frisky and sentimental, and Portos is definitely magoo
[13:09] {Chaeron} hey! he's the one that drinks a lot
[13:09] {Threei} oh, Atos had no problem in this department either
[13:09] {Chaeron} lol
[13:09] {magoo} what was portos like?
[13:10] {magoo} which movie?
[13:10] {Chaeron} fun one
[13:10] {Threei} burly, wild, fun
[13:10] {Chaeron} movie........ sheesh
[13:10] {Chaeron} netfix Three Musketeers... ... funny as hell
[13:18] {hawkfan4} Dave, dcc when you get a chance
[13:19] {wishbone} vad dcc when available
[13:19] {dawg} in drys .61
[13:20] {dawg} long
[13:21] {magoo} chaer, which musk movie tho, made when?whos in it? gottabe 10 of thosesh
[13:21] {Chaeron} let me look
[13:21] {Threei} come on charon
[13:22] {Threei} make him read the book
[13:22] {magoo} theres a book?
[13:22] {Threei} lol
[13:22] {Chaeron} oh man
[13:22] {Threei} dumped DELL balance
[13:22] {Threei} thing's tired
[13:22] {dawg} yes out dell
[13:23] {dawg} sure looks like it
[13:23] {magoo} might get contra hour spike up vadf
[13:23] {magoo} 2-3 pm
[13:23] {magoo} we poered up yester around 1:30 i think
[13:24] {Threei} looking for sings of that mags
[13:24] {Threei} look how precise our read has been so far
[13:24] {magoo} u mean listening for ?
[13:24] {Threei} we aassumed attempt to repeat yesterday's rally,
[13:24] {Threei} probably not as successful but tradable
[13:25] {Threei} exactly what we got, and being ready we utilized it with QQQQ trade
[13:25] {Chaeron} http://www.netflix.com/Movie/The_Three_Musketeers/1043548?trkid=222336&lnkctr=srchrd-sr&strkid=1521834677_1_0
[13:25] {Threei} lwet's wait out this uncertainty
[13:25] {Threei} and watch for the next idea
[13:26] {Chaeron} http://www.netflix.com/Movie/The_Three_Musketeers/1043548?trkid=222336&lnkctr=srchrd-sr&strkid=1521834677_2_0
[13:26] {Chaeron} the 2nd one might be for more your taste magoo
[13:28] {magoo} ty..oh yeah..charlie sheen, kiefer
[13:28] {Chaeron} what? the 2nd one was supposed to be Mickey Mouse, Donald Duck,...
[13:29] {magoo} ive seen that one
[13:29] {Chaeron} :))
06[13:29] * Chaeron slaps laserdave1 around a bit with a large trout
[13:31] {dawg} out dys scalp .73 +11 cents
[13:31] {lisa_jay} Nice.
[13:31] {Threei} Long Setup: GG half lot .60 if stays above .50
[13:31] {dawg} Thanks Lisa you sure have bbeen doing well
[13:32] {magoo} in
[13:33] {dawg} in .60
[13:33] {Threei} barely touched on 1:1, not enough for exit
[13:33] {Threei} wanted more than scalp anyway
[13:35] {Threei} no worky
[13:35] {dawg} stopped gg
[13:36] {magoo} stopped
[13:50] {Threei} mess
[13:50] {Threei} sharp up, sharp down
[13:50] {Threei} nothing readable
[13:50] {magoo} weakr than yesterday..not in points
[13:50] {magoo} in power
[13:50] {Threei} yup
[13:51] {Chaeron} Fox pushing "sin" stocks
[13:52] {magoo} AAPL really struggling with 92
[13:54] {dawg} is see that magoo backed off again
[13:54] {magoo} i cant take 92.15
[13:54] {dawg} why not
[13:56] {magoo} contra hour??
[13:56] {dawg} i see
[13:56] {lisa_jay} dell at highs
[13:58] {Threei} ifthings continue this way, Qs will drop to .40 now, before going to new highs
[13:59] {Threei} half way there
[13:59] {Threei} lol
[14:02] {Chaeron} shucks... hesitated to take at .52
[14:03] {dino} afam sm l .00
[14:03] {Threei} (US) TREASURY SEC PAULSON: BELIEVES THE US FINANCIAL SYSTEM HAS BEEN STABILIZED, WHICH WAS #1 GOAL OF TARP - CNBC INTERVIEW
[14:04] {magoo} AAPL cvoiling big time imo
[14:05] {magoo} if IF mkt goes it should blast off
[14:05] {magoo} 93 easy
[14:05] {magoo} well easy as risky as hell can be
[14:06] {hawkfan4} lol
[14:09] {dino} out deck ave .42 slippage, +.52
[14:09] {lisa_jay} nice
[14:10] {dino} ty
[14:15] {dino} if this is stability....just think what instability could be
[14:15] {Threei} lol
[14:16] {magoo} aapl as closed to 92 as u can..long
[14:16] {magoo} stop 91.65
[14:16] {Threei} took .12 mags
[14:16] {magoo} 93 vad comith
[14:16] {magoo} in
[14:17] {Threei} sold half
[14:17] {Threei} .51
[14:17] {magoo} good job
[14:18] {magoo} .66 half here
[14:18] {magoo} out 04 bal
[14:19] {magoo} ty boss
[14:19] {hawkfan4} nice mags
[14:19] {lisa_jay} Nice trade Magoo, Vad
[14:19] {magoo} 14:16] {magoo} 93 vad comith
[14:19] {magoo} 14:16] {magoo} aapl as closed to 92 as u can..long
[14:19] {Threei} out 93.12
[14:19] {magoo} [14:05] {magoo} AAPL cvoiling big time imo
[14:19] {magoo} [14:05] {magoo} if IF mkt goes it should blast off
[14:19] {Threei} +$1
[14:19] {dino} all l .00
[14:20] {hawkfan4} i'd say beauty but i don't want Vad to get jealous :)
[14:20] {Threei} lol
[14:20] {magoo} nice call aapl vad
[14:20] {magoo} ty
[14:20] {Threei} I called it?
[14:21] {magoo} lol
[14:21] {magoo} computer generic programmed thank u..saves me time
[14:21] {Threei} ah
[14:21] {Threei} keep it well oiled
06[14:21] * magoo slaps laserdave1 around a bit with a large trout
06[14:21] * magoo slaps laserdave1 around a bit with a large trout
06[14:21] * magoo slaps patience around a bit with a large trout
06[14:21] * magoo slaps patience around a bit with a large trout
06[14:22] * magoo slaps Chaeron around a bit with a large trout
[14:22] {magoo} and u lil bow wow...................
06[14:22] * magoo slaps dawg around a bit with a large trout
[14:22] {dawg} that sobered me up
[14:23] {dawg} thamls tjam thanks magoo for my first efver trouting
[14:23] {dawg} great appl call was making a beer run
[14:24] {magoo} ah......it was a dollar
06[14:24] * dino slaps dawg around a bit with a large trout
[14:24] {dawg} jesus and i had my head in the cooler great call
[14:24] {dino} here's the 2nd
[14:24] {magoo} we are going GREEM
[14:25] {dawg} not now hurt my feelings dino
[14:25] {magoo} 61 down
[14:25] {dawg} ;;; ;p lol
[14:25] {magoo} helluva cheese
[14:25] {dino} greem?
[14:26] {Threei} anyone grabbed AAPL on pullback to .50?
[14:26] {Threei} was way too fast to alert
[14:26] {Threei} but very clean charty
[14:27] {dawg} in .51 aapl
[14:27] {dino} navg sm wide gappy .01 l
[14:27] {Threei} wow
[14:28] {Threei} FONR
[14:28] {Threei} RECEIVED OFFER AT $5/SHR
[14:28] {Threei} how about that?
[14:28] {dawg} ott aappl
[14:28] {wishbone} 007 time...have a great weekend all
[14:28] {Chaeron} see ya WB
[14:28] {patience} i'm going tonight wishbone
[14:28] {patience} have fun
[14:29] {Threei} have fun wishbone
[14:31] {magoo} bye wish
[14:34] {magoo} dont like this fall
[14:37] {dino} cya wishb
[14:37] {dino} been really mild weather magoo, whats the problem
[14:37] {KSystems} hello
[14:38] {dino} ks
[14:38] {Chaeron} hey KSys
[14:38] {Threei} KS :)
[14:38] {muddleheaded} Is it me or does it seem like overhead resistence is slowly getting chipped away by bulls?
[14:38] {magoo} (:SK
[14:38] {KSystems} how's the day been going so far?
[14:39] {Threei} decent
[14:39] {dino} it's you
[14:39] {dino} 8945 wall of china
[14:40] {dino} steel better term, china would break
[14:40] {Threei} "Tear down that wall!" (in my best Reagan voice)
[14:40] {dino} i miss him
[14:41] {Chaeron} me too.... badly
[14:41] {dino} named my kids after him
[14:41] {dino} donald and megan
[14:41] {dino} giddy-up
[14:42] {Chaeron} :)
[14:42] {magoo} why not name the ronald and reagan??
[14:42] {dino} ahh, wife had a say
[14:42] {dino} hod dji
[14:43] {Threei} here is amazing thing
[14:43] {Threei} Bush spoke yesterday
[14:43] {Threei} Paulson today
[14:43] {Threei} and none of them managed to kill the market
[14:43] {dino} and obama quiet
[14:43] {Threei} this is officially start of the bull market
[14:43] {Threei} if we can ignore those speaking
[14:43] {magoo} GREEM
[14:46] {dino} or 3i, just keep obama's mouth shut
[14:48] {Threei} I have to say, this is way less confident climb than yesterday's
[14:48] {Chaeron} it's Friday?
[14:49] {dino} then say it!
[14:53] {lisa_jay} lvs news?
[14:55] {magoo} c'mon GREEM
[14:55] {magoo} 'new color
[14:55] {dino} lol 3i
[14:55] {hawkfan4} nothing significant today lisa on LVS
[14:56] {dino} open the sipgots, time to re-inflate it all
[14:56] {lisa_jay} Ok, thanks Hawk.
[14:56] {magoo} green with less moxy than yesterday=greem
[14:56] {dino} dji greeN
[14:58] {dino} targets upward, 8945 (obama high), gap at 8696, 9,625 area
[14:59] {magoo} dip sh$t says 9000
[14:59] {Geo} ??
[14:59] {magoo} cramer
[14:59] {Geo} ahh thanks
[14:59] {magoo} just time to buy his post just up
[14:59] {magoo} this morn hated it
[15:00] {dino} i'm getting out then, out all .75, +.75
[15:00] {Onix} In for lunch and i see you guys have raced up the market again during my abscence
[15:00] {Onix} are we trading anything?
[15:00] {Threei} actually Geo... we tried to sneak it in ahile Onix was out
[15:00] {dino} onix, we are noticing a pattern, you leave we make $
[15:00] {Onix} then ishould leave immediately?
[15:01] {Threei} honest to god onix... profitable call came 1 frikin minute after you left
[15:01] {Geo} maybe we just pay him a percentage and he sits pretty
[15:01] {Onix} that sounds like a plan geo
[15:01] {Geo} :)
[15:01] {Geo} of course well all lie
[15:02] {Onix} and here i am believing every word!
[15:02] {Geo} lol
[15:02] {Threei} [10:47] {Onix} ok ... ok, i get it. i will leave now for my day-job so that you guys can race up the market again. Enjoy!
[15:02] {Threei} [10:47] {Chaeron} bye Onix, have a great weekend
[15:02] {Threei} [10:48] {lisa_jay} Bye Onix.
[15:02] {Threei} [10:48] {Threei} Long Setup: GG .85 if stays above .70
[15:02] {Threei} [10:48] {Threei} half lot
[15:03] {Threei} [10:50] {Threei} OK, I feel bad
[15:03] {Threei} [10:50] {Threei} to isue a call a few seconds after Onix left...
[15:03] {Threei} [10:50] {Geo} hehe
[15:03] {Threei} [10:50] {lisa_jay} A great call like this.
[15:03] {Threei} [10:50] {dawg} out 1/2 .17
[15:03] {Geo} i think the real setup was long .75
[15:03] {Geo} but vad waited
[15:03] {Onix} unbelievable!
[15:03] {Onix} but there is the proof
[15:03] {Threei} but I did feel bad...
[15:03] {dino} pery
[15:04] {Onix} ty
06[15:04] * Geo feels bad and scrapes the money
[15:04] {Threei} Qs pulled back in bounce zone
[15:05] {Threei} in .03
[15:05] {dawg} Q.s in j..
[15:05] {Threei} .95 stop
[15:07] {Threei} half out .15
[15:07] {Onix} in late @ .11
[15:07] {dawg} halff out
[15:07] {Threei} out .23
[15:07] {dawg} out .j 22
[15:08] {dawg} Thanks Vad good call
[15:08] {magoo} first 1 i missed of yours
[15:08] {dino} onix, don't feel bad, get even
[15:08] {dawg} yes magoo but you nailed one in aaapl
[15:08] {dawg} ot or twoo
[15:09] {lisa_jay} missed too
[15:13] {Onix} sold 200 @ .24 + 200 @ .29 still holding 100
[15:13] {Onix} ty Vad!
[15:13] {Threei} nice Onix
[15:13] {Threei} I feel better
[15:13] {Chaeron} so does he
[15:14] {Threei} I don't like to discriminate against brother canucks
[15:14] {Onix} :)
[15:14] {Threei} I mean, I love to discriminate...
[15:14] {Onix} lol
[15:14] {Chaeron} just against californians because our weather is superior
[15:14] {Threei} just don't like that it shows so clearly :)
[15:14] {Threei} oh yes
[15:14] {Threei} californians are to be discriminated against
[15:14] {Chaeron} oh it's 83 today Threei
[15:15] {Threei} see?
[15:15] {Chaeron} not a cloud in the sky
[15:15] {Threei} how not to discriminate?
[15:15] {Threei} they have great weather, swimming ocean, swaying palm trees
[15:16] {Threei} Qs going to .40 on the next leg it seems
[15:16] {Threei} just tough to find entry
[15:17] {Threei} got .15
[15:17] {Threei} stop under .10
[15:17] {Chaeron} got .13
[15:18] {dino} financials pulling back
[15:18] {Threei} out
[15:18] {Threei} not sure what's happening here
[15:18] {Chaeron} me too
[15:18] {Chaeron} stopped
[15:20] {Threei} opays to keep them tight
[15:20] {Threei} HIG
[15:20] {Threei} ANNOUNCES AGREEMENT TO ACQUIRE FEDERAL TRUST BANK AND APPLICATION TO U.S. TREASURY CAPITAL PURCHASE PROGRAM
[15:21] {Threei} wow
[15:24] {Threei} PRU goes too
[15:24] {Chaeron} I have to go take care of other business. Thanks vad and everyone for yet another great week.
[15:24] {Threei} take care chaeron, have a great weekend
[15:24] {lisa_jay} Bye Chaeron
[15:24] {Chaeron} you guys too
[15:24] {Threei} HIG, that was something
[15:24] {magoo} c u chaer
[15:27] {Threei} more on HIG
[15:27] {Threei} APPLIES TO BECOME SAVINGS AND LOAN HOLDING COMPANY
[15:27] {Threei} - Applied to the OTS to become a savings and loan holding company and has applied to participate in the U.S. Treasury Department's Capital Purchase Program (CPP).
[15:27] {Threei} - Hartford estimates that it would be eligible for a capital purchase of between $1.1B and $3.4B under existing Treasury guidelines. The final amount of capital request will be determined following approval by Treasury.
[15:27] {Threei} - Hartford has signed a merger agreement to acquire the parent company of Federal Trust Bank for approximately $10M and will also provide an additional amount to recapitalize the bank.
[15:27] {Threei} - The completion of this acquisition will satisfy a key eligibility requirement for participation in CPP.
[15:28] {dino} watch 3:40 pm imo, that has been the rally time
[15:30] {muddleheaded} Thanks Dino, my eyes are glued to my screen.
[15:33] {Threei} gwetting interested in Qs bounce
[15:34] {Threei} let's do half lot
[15:34] {Threei} .60 break if holding .50
[15:34] {dino} 200 pt drop
[15:34] {dino} hate to say it, but so far my earlier call, up then -200
[15:35] {Threei} could you issue one more, for +300 now?
[15:35] {Threei} please?
[15:35] {dawg} in .63 q's
[15:35] {dino} gut says up
06[15:36] * Threei toasts dino's gut
[15:38] {dino} dow l off of .80
[15:42] {dawg} stopped q's
[15:42] {Threei} you didn't partial at 1:1?
[15:42] {dino} gut wrong.
[15:43] {dawg} just missed by 2 cents got in at 1:1 vad it was a good call though
[15:43] {dawg} get in at .63
[15:43] {dawg} got in
[15:46] {Threei} maga, look dcc please
[15:53] {dino} out navg .70, -.31
[15:56] {dino} well once again cramer buy the top sell the bottom, the guy is the ultimate contrarian tell
[15:56] {dino} he was only off by 600 pts, said 300 up
[15:57] {dptl} have a good weekend all:)
[15:57] {Threei} take care dp
[15:57] {dino} u2 dp
[15:58] {Threei} wow
[15:58] {Threei} what a drop
[15:58] {Threei} and kosmo... what can I say
[15:58] {Threei} good job
[15:58] {magoo} cramer
[15:59] {patience} yessh, i thought we would end up some....honestly, do any of them know what's going on
[15:59] {Threei} -350
[16:00] {lisa_jay} .
[16:00] {Threei} another dramatic day, lol
[16:00] {Threei} tired of drama yet?
[16:00] {lisa_jay} Thanks Vad. Learnt a lot this week.
[16:00] {Threei} made some money too?
[16:00] {muddleheaded} See you all next week.
[16:00] {Threei} thank you all
[16:01] {Threei} have a great relaxing weekend
[16:01] {Threei} see you on Monday
[16:01] {lisa_jay} Yes. Of course.
[16:01] {hawkfan4} bye all, thx n enjoy
[16:01] {magoo} ty a;ll
[16:01] {Threei} best kind of learning lisa
[16:02] {lisa_jay} Yes.
[16:02] {lisa_jay} Free tution or tution reimbursement.
[16:03] {lisa_jay} Bye all.
[11:44] {Threei} my assumption is, at certain point we will see at least attempt to repeat yesterday, not necessary as successful as yeaterday but tradable nonetheless
which proved to be accurate. We got a few nice trades off that. Backed off just in time not to get caught into end of day drop.
Session Time: Fri Nov 14 00:00:01 2008
[08:27] {magoo} kkjbaskeihsdj
[08:29] {Threei} good morning
[08:30] {Threei} OCT IMPORT PRICE INDEX M/M: -4.7% V -4.4%E
[08:30] {Threei} *OCT ADVANCE RETAIL SALES: -2.8% V -2.1%E; LESS AUTOS: -2.2% V -1.2%E
[08:31] {Threei} FED'S BERNANKE: WORLD CENTRAL BANKS STAND READY TO TAKE MORE STEPS IF NECESSARY, VOLATILITY AND RECENT DATA SHOW THAT CHALLENGES REMAIN
[08:31] {Threei} (CA) SEPT NEW MOTOR VEHICLE SALES M/M: 2.5 % V 1.0%E
[08:38] {hawkfan4} good morning
[08:40] {Threei} hawk :)
[08:42] {magoo} so vad..working theories for today
[08:43] {magoo} 1) another bummer 1 daty wonder...now pain
[08:43] {magoo} 2) bottom is in...start rocking up
[08:43] {magoo} 3) headfake up...big pain eod
[08:44] {Threei} IMO, odds are it's a mix of two, meaning:
[08:44] {Threei} bottom is in but not much of rocking today
[08:44] {Threei} my thinking is
[08:44] {Threei} line in the sand seems to be drawn,
[08:45] {Threei} market shakes out but refuses to give up whenever lows are challenged
[08:45] {Threei} and as soon as we retest those lows, big money jumps in
[08:45] {Threei} and buy everything in sight.
[08:46] {Threei} However, during recent weeks, there were so many bottom callers
[08:46] {Threei} and media pumped the idea of "staying the course" so loudly
[08:47] {Threei} that possibly some more of passengers elimination is needed before train can leave the station.
[08:47] {Threei} The ideal way to do it is probably to continue this gut-wrenching volatility for a while
[08:48] {Threei} especially considering quite a few unknowns justifying the lack of confidence
[08:48] {Threei} automakers destiny,
[08:48] {Threei} G-20 meeting (which is not likely to produce anything but a lot of noise)
[08:49] {Threei} new administration being shaped up
[08:49] {Threei} which adds to uncertainty as crew members naming will give a clue to policies ahead
[08:50] {Threei} so... working assumption for now would be to remain with scalping at the beginning of the day taking only safe and "obvious" setups,
[08:50] {Threei} watch for signs of continuation,
[08:50] {Threei} (which includes watching dino's gut)
[08:51] {Threei} if we see signs of this reckless "come hell or high water" buying - start deploying umbrella strategy
[08:51] {magoo} ah man..not that
[08:51] {Threei} sorry mags, but you'll have to do it for common good
[08:52] {Threei} sacrfices will be required from all comrades
[08:53] {Threei} btw... today is expiration of something, isn't it
[08:56] {lisa_jay} Good morning
[08:56] {Threei} lisa :)
[08:57] {_maga} good morning all
[08:57] {Threei} maga :)
[08:57] {Onix} Good morning all
[08:57] {Threei} onix :)
[08:57] {_maga} very interesting explanation you made
[08:58] {_maga} Vad
[08:58] {Threei} about dino's gut?
[08:58] {Threei} sorry... smart a$$ remark :)
[08:58] {_maga} your idea about the today situation
[08:59] {Threei} it's our traditional approach maga... based on major tape reading principle
[08:59] {Threei} market seeks ways to deliver maximum pain
[08:59] {_maga} this is the incredible thing to me
[08:59] {Threei} one of such ways is to establish trends having as few people on board as possible
[09:00] {Threei} if there are too many passengers, shakeouts are needed
[09:00] {_maga} but thinking about it .. i t makes sense..
[09:00] {Threei} market wants a lot of passengers at final stages of the move, not at early ones
[09:00] {Threei} because it'as final stages where the unloading takes place
[09:00] {Threei} and market needs crowd to unload to
[09:01] {Threei} have you read TTR?
[09:01] {_maga} yes like a balloon that cannot start to fly if too heavy of people
[09:02] {_maga} yes Vad, I did... and it is very very interesting
[09:02] {Threei} OK{ then you know major underlying ideas of this approach
[09:03] {_maga} it is the first time I found explained a good reason for those so frequent spikes up or down that alway drove me crazy .
[09:04] {Threei} most important things is, opnce you understand where they are coming from you get a ways to turn them to your advantage and profit from them
[09:06] {Geo} gm all
[09:07] {Threei} geo :)
[09:07] {_maga} by the way on those major idea... yesterday for the first time after weeks I left open a future on the index ... so happy today :-)
[09:08] {_maga} by the way... the italian index... money is already safe..
[09:09] {Onix} hi geo
[09:10] {lisa_jay} Hi Geo.
[09:10] {patience} blissful friday, good morning RT :)
[09:10] {Threei} patience :)
[09:12] {Onix} hi patience
06[09:12] * magoo slaps patience around a bit with a large trout
[09:13] {patience} patience rubs magoo's tummy to see if market will go up
[09:13] {dino} gm all
[09:14] {lisa_jay} Hi Patience, Dino
[09:14] {patience} hi dino, lisa_jay :)
[09:15] {Threei} dino :)
[09:15] {dino} gm lisa, patience
[09:16] {Onix} morning dino
[09:18] {dino} gm
[09:19] {dino} q? is can we get thru 8945 obama high from 10-07
[09:20] {dptl} good morning all
[09:20] {patience} g20 meeting this weekend discussing finances...my guess is yes dino
[09:21] {muddleheaded} Hi everybody.
[09:22] {Threei} dp, mudd :)
[09:22] {Onix} hi dp; mh
[09:22] {dptl} :)
[09:25] {ese} morning...
[09:25] {Threei} ese :)
[09:25] {Onix} hi ese
[09:26] {ese} interesting rally yesterday.....any of you alll take advantage.....
[09:26] {ese} hey onix
[09:26] {Threei} sure did
[09:26] {Threei} let's pick our index followers
[09:26] {Threei} depending on volatility you are willing to ednure:
[09:26] {Threei} ADBE, INTC, DELL, UAUA, GG
[09:27] {_maga} those are the index followers ...... and may I ask you with are the "salmons"
[09:28] {_maga} ? ;-)
[09:28] {_maga} with=which
[09:28] {Threei} salmons is something we need to hunt for throughout the day
[09:28] {Threei} it's not a permanent characteristic of any stock
[09:29] {Threei} watch for a stock that keeps JBE during market pullback
[09:29] {_maga} yes ... it is right.... this is the Reality world
[09:29] {Threei} that's your likely salmon candidate
[09:30] {_maga} ok got it... TX
[09:33] {Threei} UAUA did couple teleprotations
[09:33] {Threei} watch for sharp down into .30 area
[09:33] {Threei} if NQ moves up quickly, you have a few seconds to grab it and exit around .50
[09:36] {Threei} Long Setup: INTC 14 break if stays above 13.90
[09:36] {Threei} watch for market help
[09:36] {Threei} your ideal entry is if NASDAQ moves up sharply and INTC gives little delay for entry
[09:37] {Threei} with this break of support turns into bounce candidate rather, again with quick NQ spike only
[09:43] {Threei} Long Setup: CIT 4.15
[09:43] {Threei} let it pullback a little
[09:43] {Threei} stop would be under 4
[09:43] {Geo} in .155
[09:44] {Threei} :)
[09:44] {Threei} half out
[09:44] {dino} sm l aapl .60
[09:44] {Geo} all out .44
[09:45] {hawkfan4} gj geo
[09:45] {dino} aapl stopped -.36
[09:46] {Geo} i have made 400 my full lot
[09:46] {Threei} go home
[09:46] {Geo} lookiong back..... i dont handle 1k well :)
[09:46] {Geo} looking
[09:47] {Threei} (US) FDIC UNVEILS PLAN TO MODIFY 2.2M MORTGAGE LOANS
[09:47] {Threei} - The plan works to lower monthly payments for homeowners by offering mortgage servicers incentives to modify loans
[09:48] {dino} gj geo
[09:48] {Geo} TY
[09:48] {lisa_jay} Nice Geo...Missed CIT, was in INTC.
[09:48] {Geo} yeah didnt take intc
[09:48] {Threei} how did you structure the play lisa?
[09:49] {lisa_jay} Entered at .91
[09:49] {Threei} with stop .84 I take it
[09:49] {lisa_jay} Yes.
[09:49] {Threei} exited any?
[09:50] {Onix} ty Vad, i got .9 in INTC
[09:50] {lisa_jay} No....should have done at .01 (1:1)
[09:50] {Threei} onix :)
[09:50] {Threei} OK, NQ is spiking, offer half
[09:50] {lisa_jay} Ok.
[09:52] {Threei} the way NASDAQ shapes is,
[09:52] {Threei} NQ breaking 1220 should star a rally
[09:52] {Threei} losing 1205, we are on hold
[09:53] {Threei} so, if you are lookinh at Qs for a play, that would be 30 break
[09:53] {Threei} want to see some consolidation close to it, not just sharp spike into 30
[09:53] {wishbone} gm all
[09:53] {Threei} wishbone :)
[09:54] {Onix} hi wishbone
[09:54] {muddleheaded} What timefrime do you look at the NQ?
[09:54] {Threei} 1 min
[09:54] {muddleheaded} O.K.
[09:55] {dino} aapl sm l .25
[09:55] {Threei} *NOV PRELIMINARY UNIVERSITY OF MICHIGAN: 57.9 V 56.2E
[09:55] {Threei} guess wgho is salmon so far...
[09:55] {Threei} LVS
[09:56] {Threei} this is sharp spike into resistance
[09:56] {Threei} not taking this break
[09:56] {lisa_jay} qqqq 30
[09:56] {Threei} need pullback with tight consolidation
[09:56] {dino} gap fill coming dji
[09:57] {Threei} or move higher, then pullback into 30 to buy near new support
[09:57] {Threei} see this sharp down spike?
[09:57] {lisa_jay} yes
[09:58] {Threei} that's how these traps work, when resistance is broke by vertical move instead of consolidation
[09:58] {lisa_jay} Wow...thanks Vad.
[09:59] {Threei} Qs for scalp now
[09:59] {Threei} first strength with stop under .80
[10:00] {dptl} in .88
[10:01] {dino} out pru lucky overnight +.82
[10:01] {Threei} nice :)
[10:02] {lisa_jay} Took .09 on Q's Thanks Vad.
[10:02] {Threei} lisa... mastering the scalping dance :)
[10:02] {lisa_jay} All your calls Vad :-)
[10:02] {Threei} well, these were not the calls with exzct entries
[10:03] {Threei} these were conceptual calls
[10:03] {Onix} wtg dino
[10:03] {Threei} can't really utilize them unless you amass certain understanding
[10:03] {dino} gj lisaaaaaaaaa
[10:04] {dino} ty onix, that was dumb luck
[10:04] {lisa_jay} Thanks Dino
[10:04] {Onix} you got guys dino
[10:04] {Onix} guts
[10:04] {dino} aapl stop to .09 its broken
[10:05] {dino} onix, i tried to get out afterhours, in this market it was stupid to hold, don't confuse luck w/skill
[10:05] {dino} stopped aapl, -.16
[10:06] {dino} whoosh down in the making imo
[10:06] {Onix} :)
[10:06] {dino} stepping aside
[10:06] {Onix} stopped QQQQ
[10:08] {lisa_jay} Dell also Salmon.
[10:08] {Threei} so far, yes
[10:08] {Threei} good observation
[10:08] {Threei} ADBE is pure follower
[10:08] {dino} it may be obama high is just another lower high in the series
[10:10] {Threei} DELL stayed solid green
[10:15] {Threei} Long Setup: DRYS 10 break half lot
[10:15] {Threei} if market helps and if stays above 9.80
[10:16] {Threei} DELL the salmon
[10:18] {Chaeron} Good morning all... been here, just busy
[10:18] {lisa_jay} HI Chaeron
[10:18] {Threei} haeron :)
[10:18] {lisa_jay} Selling accelerating
[10:19] {Chaeron} HI Lisa, herei :))
[10:19] {Onix} hi chaeron
[10:19] {Chaeron} oops hreei, Heya Onix! Keeping geo and magoo in control?
[10:20] {lisa_jay} DRYS invalidated Vad?
[10:20] {Threei} not really
[10:21] {Geo} comeon chaer.... i have been more focussed and less talkative these days
[10:21] {Geo} oops
[10:22] {Chaeron} Geo - just as long as your trading is kickin' butt :)
[10:22] {dino} or is his butt getting kicked?
[10:23] {Geo} yesterday got kicked
[10:23] {Chaeron} :)
[10:23] {Chaeron} how's that famous guy of yours today dino?
[10:23] {Chaeron} oops guy
[10:23] {Geo} you mean magoo?
[10:23] {Chaeron} dang... take 3 : guT
[10:23] {dino} mornings have been hurting me geo
[10:23] {dino} lol
[10:24] {dino} well, i called this 100 ot whoosh
[10:24] {Geo} yeah you gotta stop the bets dino !!
[10:24] {dino} heck of a pizza tho, always better free
[10:28] {dino} dia sm l .00, stop lod
[10:28] {Threei} anyone found the play on DELL?
[10:29] {lisa_jay} Only opening range scalp fro .18
[10:29] {lisa_jay} for
[10:29] {Onix} i
[10:29] {Onix} went in late at 10.71 DELL
[10:31] {dino} all sm l .25, stop .93
[10:31] {dino} too soon
[10:31] {lisa_jay} Sigh more selling
[10:33] {dino} keep stops
[10:34] {dino} dis stopped
[10:34] {dino} dia
[10:34] {Chaeron} DRYS
[10:34] {Threei} invalidated now
[10:35] {Chaeron} I was thinking short, but too late
[10:36] {dino} emr hmmm
[10:36] {Chaeron} Vad, your invalidation levels are very accurate. Sometimes I will play the other side as you know with decent success for scalps
[10:36] {Chaeron} :P dino... lol
[10:37] {Chaeron} http://stockcharts.com/h-sc/ui?s=$INDU&p=W&yr=6&mn=0&dy=0&id=p63855397799&a=152760184
[10:39] {dino} ?
[10:40] {Chaeron} don't ask me, I'm confused too
[10:41] {Chaeron} salmons finally weakening too with this market?
[10:41] {dino} overfishing to blame
[10:42] {Onix} :)
[10:42] {lisa_jay} lol
[10:43] {Threei} lol
[10:44] {Onix} stopped earlier in dell
[10:47] {Onix} ok ... ok, i get it. i will leave now for my day-job so that you guys can race up the market again. Enjoy!
[10:47] {Chaeron} bye Onix, have a great weekend
[10:48] {lisa_jay} Bye Onix.
[10:48] {Threei} Long Setup: GG .85 if stays above .70
[10:48] {Threei} half lot
[10:48] {lisa_jay} I am too slow..missed :-(
[10:49] {magoo} in vad
[10:49] {Geo} in .85 half out .01
[10:49] {magoo} wait .21
[10:49] {lisa_jay} Very nice call VAd.
[10:50] {Threei} OK, I feel bad
[10:50] {Threei} to isue a call a few seconds after Onix left...
[10:50] {Geo} hehe
[10:50] {lisa_jay} A great call like this.
[10:50] {dawg} out 1/2 .17
[10:50] {magoo} out .17 TY boss
[10:50] {magoo} to close to miss
[10:50] {Chaeron} I'll text Onix and let him know
[10:50] {Threei} you are very kind chaeron
[10:51] {Threei} in your own way
[10:51] {Chaeron} heh
[10:51] {Threei} which is scaringly similar to my way too
[10:51] {Chaeron} yep }:)
[10:51] {Chaeron} now, let's get another so I can really rub it in
[10:51] {dawg} be second half out
[10:52] {dawg} Thanks Vad +20 1/2
[10:52] {lisa_jay} GG back at buy levels...Is it still valid Vad?
[10:52] {lisa_jay} Never mind
[10:53] {Threei} watch market lisa
[10:53] {Threei} GG is a follower
[10:53] {Threei} a little exaggerating market moves
[10:53] {lisa_jay} Yes. Thanks Vad.
[10:53] {Threei} that's why I added half lot remark
[10:54] {Geo} what we already -250?
[10:54] {Geo} DJI
[10:54] {Threei} yes
[10:55] {lisa_jay} nasdaq down 54
[10:55] {Threei} how is it of any singificance, considering that we may well be up 300 in 3 minutes?? :)
[10:55] {Chaeron} Dino... gut feel... lower for close
[10:55] {Chaeron} ?
[10:55] {Chaeron} or we close green?
[10:57] {Threei} {dino} yes
[10:57] {Chaeron} loll
[10:57] {magoo} i'd tell u..but u no ask magoo
06[10:59] * Threei imagines magoo with his ear at dino's gut; eyes retina is burned out
[10:59] {Chaeron} Dino's gut is certifiably scientific technical analysis
[11:00] {magoo} ill tell u this....he has a huge "inny" belly button if u know what i mean
[11:00] {dino} watching met, afam, urbn, dia fwiw
06[11:00] * Threei fights strong puking reflex
[11:00] {dino} and dow
06[11:01] * dino slaps magoo around a bit with a large trout
[11:01] {Threei} actually... this is a very good idea
06[11:01] * Threei slaps magoo around a bit with a large trout
06[11:01] * Chaeron slaps magoo around a bit with a large trout
[11:01] {Chaeron} (I hate feeling left out......)
[11:01] {dino} lod's
[11:02] {magoo} if IF we rally, watch aapl for long ...could eassily go green...but thats not a call{yet}
[11:02] {dino} big "if" we rally.
[11:03] {dino} so our +550 is now only +240ish
[11:05] {Threei} look at DELL's resilience
[11:05] {magoo} complacency
[11:05] {magoo} the THE word
[11:05] {dino} magoo, a bet, i'll take -400 if you take green
[11:05] {magoo} down 300 and we dont even care
[11:05] {Threei} ADBE and INTC are in the crapper with market, this thing stays strong
[11:05] {magoo} only up 500 yesterday..more half back
[11:05] {Threei} maga... see how salmons appear amopng the stocks we watch?
[11:06] {lisa_jay} Dell daily chart is amazing.
[11:06] {magoo} AH CRAP
[11:06] {Threei} lol
[11:06] {magoo} dino, u trying to freeze friday
[11:06] {dino} c in the 8s again
[11:11] {magoo} l aapl here small
[11:12] {dino} emr sm l .50
[11:13] {magoo} in .43
[11:13] {magoo} oput here .689
[11:15] {Threei} US TREASURY'S KASKARI: $700B TARP PROGRAM IS NOT AN ECONOMIC GROWTH PLAN, EXPECTS TO APPROVE 20 BANKS FOR PROGRAM
[11:15] {Geo} wot???
[11:15] {Geo} then what is it?
[11:15] {Threei} DELL is on its merry way
[11:15] {Geo} handout to friends?
[11:15] {magoo} long aapl again .75
[11:15] {magoo} going 92.11 area
[11:16] {dawg} OK
[11:17] {magoo} stop .45
[11:18] {dawg} in .77
[11:18] {dawg} aapl
[11:18] {magoo} lay out
[11:19] {dawg} out .07 aapl
[11:19] {dawg} +30 aapl. Thanks Magoo!
[11:20] {dino} gj
[11:20] {dawg} time for another Bud
[11:22] {magoo} out .11
[11:22] {magoo} uh, carry the 3..+ .43??
[11:22] {magoo} nope, .36
[11:23] {magoo} see AAPL now??it was good trade but u gotta LAY OUT
[11:23] {dino} met sm l .75, forgot about order
[11:23] {dawg} yes was trying to follow your layout but lost my nerve magoo
[11:23] {magoo} SIGH..vad never compliments my calls...never
[11:24] {Threei} I don't?
[11:24] {magoo} shot of vodka builds nerve dawg
[11:24] {dawg} out DELL from .72 + 12
[11:25] {magoo} but now it would be killing us...if IF missed exit
[11:25] {dawg} yes it does and i am heading for one about now
[11:27] {dino} dawg, you the dog
[11:28] {dawg} have one on me dino it's friday...
[11:29] {dino} why thank you, indeed i will, several most likely
[11:29] {lisa_jay} Wuld that be a volume spike on Dell Vad?
[11:29] {Threei} ?
[11:30] {lisa_jay} 11:25?
[11:30] {Threei} doesn't mean anything
[11:30] {lisa_jay} ok, thanks
[11:33] {magoo} where u located dawg?ill stop in local pub tonight..im free man this weekend
[11:35] {dawg} portland oregon dino
[11:35] {lisa_jay} lvs vad?
[11:36] {dawg} portland oregon magoo i'll buy the first and second rounds
[11:36] {Threei} 6.50 break if holding above 6.40 lisa
[11:36] {Threei} not very high odds
[11:36] {Threei} kind of marginal setup
[11:37] {lisa_jay} ok, thanks Vad
[11:39] {dino} dji lod
[11:44] {Threei} my assumption is, at certain point we will see at least attempt to repeat yesterday
[11:45] {Threei} not necessary as successful as yeaterday but tradable nonetheless
[11:46] {Threei} hard to spot at the very beginning, but once couple higher lows is made, it will be a reason for long entries
[11:53] {dawg} out Dell in .78 out .91
[11:54] {Threei} :)
[11:54] {Threei} watching Qs here
[11:54] {lisa_jay} nice, i chickend out.
[11:54] {Threei} .33 long with .25 stop
[11:54] {Threei} this will be first attempt to get on that rally
[11:55] {Threei} invalidated, turned in bounce off .20
[11:58] {lisa_jay} how to play
[11:58] {Threei} watch for it to form harrow range,
[11:58] {Threei} let's say .15 - .20
[11:58] {dino} want to see lows hold
[11:59] {Threei} then buy .21
[12:00] {Geo} off to work... thanks all.... had a decent day
[12:00] {Threei} :)
[12:00] {Geo} have a great weekend
[12:00] {Threei} you too
[12:00] {Chaeron} bye Geo
[12:01] {dino} broken
[12:01] {lisa_jay} Vad, I bought .21...not sure it was right (got stopped out at .14)....Should i have waited for more consolidation?
[12:01] {Threei} I don't think so lisa
[12:02] {Threei} it could work just eas easily
[12:02] {Threei} that was kind of defining moment - bottom is in or new lows are in order,
[12:02] {Threei} whether you entry or whether you wait is a metter of your aggressiveness
[12:02] {Threei} matter
[12:03] {lisa_jay} So it is just 50:50 trade...(since agressive entry)
[12:03] {Threei} some prefer to wait for more confirmation, making it safer but risking to miss part of the move,
[12:03] {Threei} some perfer to try it risking small stop but taking a short at capturing bigger part of move
[12:04] {lisa_jay} Ok, thanks.
[12:04] {Threei} pretty much a matter of personal preference
[12:08] {magoo} u playing full lots on q?
[12:09] {Threei} I do
[12:09] {Threei} it's liquid, easy to get in and out
[12:14] {lisa_jay} 50% ret. for q's?
[12:15] {muddleheaded} Is this finally the bounce?
[12:16] {Threei} all we can do is try
[12:16] {Threei} .15 would be a trigger
[12:16] {Threei} .05 support to hold
[12:18] {Threei} didn't hold, no go for that setup
[12:19] {dino} urbn l .40, stop lod
[12:21] {lisa_jay} .15 q's break still valid Vad?
[12:22] {Threei} no
[12:22] {Threei} sgharop spike into resistance
[12:22] {Threei} not what I want to buy
[12:22] {lisa_jay} ok
[12:23] {lisa_jay} wow. this concept alone is a gem.
[12:24] {Threei} hah
[12:24] {Threei} read TTR, you'll find pages chock full of such gems :)
[12:24] {lisa_jay} Seeing it real time is amazing though..twice today.
[12:25] {ese} have a great weekend everyone.....not really doing much but am enjoying obseving....take care all.
[12:25] {Threei} take care ese
[12:26] {ese} see ya vad.......
[12:26] {lisa_jay} Bye Ese.
[12:27] {muddleheaded} The tail of this 15 min candle on the QQQQ is almost a 50% Fib retracement from yesterdays lows.
[12:28] {Threei} OK, becomes more like rally attempt
[12:28] {Threei} DELL is DELL, it just climbing through all this, lol
[12:28] {Threei} ADBE
[12:28] {Threei} .80 break, half lot
[12:29] {Threei} stop under .65
[12:29] {Threei} Qs pullback entry
[12:29] {Threei} .10 closest support
[12:31] {Threei} if no more pullbacks, Qs .24 long with .15 stop
[12:31] {magoo} l aapl .95
[12:32] {magoo} same concept
[12:32] {dawg} in aapl .97
[12:32] {Threei} in Qs
[12:32] {Threei} .17
[12:33] {Threei} stop under .10
[12:33] {dawg} in Q.s
[12:33] {Chaeron} me too .19
[12:34] {magoo} dont like this
[12:34] {dino} learn to
[12:34] {Chaeron} what, me in too? or the neg action ?
[12:34] {Threei} lol
[12:34] {magoo} lol
06[12:34] * Chaeron {{{ kiss of death
[12:34] {dino} lol
[12:35] {Threei} ok, this is great spot for suden spike, market
[12:35] {Chaeron} quiet before I double up
[12:35] {Threei} use this opportunity to earn our respect
[12:35] {Threei} or we will spit on you
[12:35] {Threei} twice
[12:35] {dawg} out aapl .16
[12:36] {dptl} in qqqq.19
[12:36] {magoo} layouyt .41
[12:36] {dawg} Thanks magoo need another shot of Vodka heer out ot soon
[12:36] {dino} giddy up
[12:36] {Threei} good job so markety, now break this most recernt high
[12:36] {Threei} 1190 for NQ
[12:36] {magoo} out HERE
[12:36] {Threei} .24 for Qs
[12:37] {Threei} good boy
[12:37] {magoo} .31
[12:37] {Threei} now just go, no more headfakes
[12:37] {Threei} half out Qs
[12:37] {dptl} half out +.11 ty
[12:37] {dawg} 1/2 iyt Q's out
[12:38] {Threei} offering 1/4 more .41
[12:38] {magoo} .40 here lol
06[12:38] * Threei slaps magoo around a bit with a large trout
[12:38] {dawg} offering 1/4 mrore
[12:38] {magoo} oput
[12:38] {magoo} TY vad
[12:38] {Threei} welcome sir
[12:38] {dptl} some more out .40
[12:39] {magoo} nice aapl Dawg
[12:39] {magoo} get out imo
[12:39] {Threei} DELL, eh?
[12:40] {dawg} Thanks to you magoo great call wathcing q.s now
[12:40] {Threei} hit at .41
[12:40] {dawg} out .41
[12:40] {dino} urbn stop to .59, emr stop to .04
[12:40] {dawg} last 1/4 vad?
[12:40] {Threei} .19 stop
[12:40] {dawg} okk
[12:40] {Threei} waiting to see what shapes up
[12:41] {Chaeron} out at .41... and I doubled up :P see? It's not me you can blame anymore... + $0.21
[12:42] {dino} out emr .10, +.60 took all day
[12:42] {lisa_jay} Out q's .21 and .23 Thanks Vad.
[12:43] {Threei} wait
[12:43] {Threei} .21 or +.21?
[12:43] {dino} a or A
[12:43] {lisa_jay} + :-)
[12:43] {Threei} whew
[12:44] {Threei} good job :)
[12:44] {lisa_jay} :-)
[12:44] {Chaeron} beauty Lisa
[12:44] {Threei} careful Lisa, he is flirting
06[12:44] * Chaeron blushing
[12:45] {Chaeron} er uh, nice trade Lisa
[12:45] {dino} always
[12:45] {lisa_jay} Er...ah ..(blush..blush), thanks Chaeron.
[12:45] {Chaeron} hey dino... gut say green today?
[12:46] {Chaeron} (trying to change subject)
[12:46] {dawg} still in Qs vad? ;;;loks llike its ready togo
[12:46] {Threei} last portion, yes
[12:47] {dawg} okl
[12:47] {Threei} looking, thinking where to exit
[12:47] {dino} dk chaer, but feeling up then -200 close
[12:47] {dawg} let me know
[12:47] {Chaeron} thanks
[12:47] {dino} sort of feels too easy
[12:47] {dino} out urbn .62, +.22
[12:48] {Threei} DELL
[12:48] {Threei} pullback entry
[12:48] {Threei} with first NQ strength
[12:50] {Threei} in
[12:50] {Threei} .14
[12:50] {dawg} in dell
[12:50] {Threei} stop under .10
[12:51] {Threei} Qs stop to .29 for the last portion
[12:51] {dawg} ok thandks
[12:51] {dptl} in dell .15
[12:51] {magoo} u dog:)
[12:51] {dawg} yes sir magoo
[12:53] {muddleheaded} The tail of this 15 min candle on the QQQQ bounced off a 38.2% Fib retracement from yesterdays low to high.
[12:54] {lisa_jay} yeah, shy of .02
[12:54] {lisa_jay} for
[12:54] {lisa_jay} muddle
[12:55] {magoo} mudds confusing magoo here lol
[12:55] {muddleheaded} To make everyone muddleheaded :)
[12:56] {Threei} he is not confusing me... but the reason is, I am naturally confused, not much anyone could add to that
[12:56] {Threei} offering last portion Qs .57
[12:56] {dawg} OK with you
[12:57] {Threei} stop to .35
[12:57] {dino} partial deck fill .90
[12:58] {dawg} .)
[12:58] {Threei} half out DELL .19
[12:58] {Threei} not really what I wanted but it stalled
[12:58] {Threei} want to cut risk in half
[13:00] {dawg} out 1/2 dell
[13:00] {Threei} (US) SENATE MAJORITY LEADER REID: SENATE WILL TAKE UP AUTO INDUSTRY BAILOUT BILL AND UNEMPLOYMENT EXTENSIONS ON MONDAY
[13:00] {Threei} - Hopes for proceedural votes on measures early next week.{GM F}
[13:01] {dptl} half out dell.20 ty
[13:02] {Threei} kind of wanted it above .30 for first exit
[13:02] {Threei} done with Qs for now
[13:02] {dptl} yeah..was offering around that too
[13:02] {dawg} stooped Q.s last 1/4
[13:03] {dptl} all out qqqq
[13:05] {jmb} thanks vad
[13:05] {Threei} welcome jmb
06[13:05] * Chaeron slaps laserdave1 around a bit with a large trout
[13:06] {Chaeron} Dave... Dcc please?
[13:06] {Threei} sneaky'
06[13:06] * Threei slaps laserdave1 around a bit with a large trout
[13:06] {Threei} yes dave, dcc
[13:06] {Threei} {--- second in line
[13:06] {Threei} Chaeron trouted him first
[13:06] {Chaeron} I'll be quick with him Threei
[13:06] {Threei} he has the right of the first night
06[13:07] * magoo slaps laserdave1 around a bit with a large trout
[13:07] {Chaeron} (reminds me of D'Artagnian's first encounter and duel set up in 3Musketeers... heheh)
[13:07] {Chaeron} me first, then 3i, then magoo
[13:07] {Chaeron} *sigh* nevermind
[13:08] {Threei} I claim Atos (or however he is spelled in Enlgish
[13:08] {Chaeron} magoo is Portos (or whatever.. lol)
[13:09] {magoo} that does it............................
06[13:09] * magoo slaps Chaeron around a bit with a large trout
[13:09] {Threei} D'Artagnian is too young for me, Aramis is too frisky and sentimental, and Portos is definitely magoo
[13:09] {Chaeron} hey! he's the one that drinks a lot
[13:09] {Threei} oh, Atos had no problem in this department either
[13:09] {Chaeron} lol
[13:09] {magoo} what was portos like?
[13:10] {magoo} which movie?
[13:10] {Chaeron} fun one
[13:10] {Threei} burly, wild, fun
[13:10] {Chaeron} movie........ sheesh
[13:10] {Chaeron} netfix Three Musketeers... ... funny as hell
[13:18] {hawkfan4} Dave, dcc when you get a chance
[13:19] {wishbone} vad dcc when available
[13:19] {dawg} in drys .61
[13:20] {dawg} long
[13:21] {magoo} chaer, which musk movie tho, made when?whos in it? gottabe 10 of thosesh
[13:21] {Chaeron} let me look
[13:21] {Threei} come on charon
[13:22] {Threei} make him read the book
[13:22] {magoo} theres a book?
[13:22] {Threei} lol
[13:22] {Chaeron} oh man
[13:22] {Threei} dumped DELL balance
[13:22] {Threei} thing's tired
[13:22] {dawg} yes out dell
[13:23] {dawg} sure looks like it
[13:23] {magoo} might get contra hour spike up vadf
[13:23] {magoo} 2-3 pm
[13:23] {magoo} we poered up yester around 1:30 i think
[13:24] {Threei} looking for sings of that mags
[13:24] {Threei} look how precise our read has been so far
[13:24] {magoo} u mean listening for ?
[13:24] {Threei} we aassumed attempt to repeat yesterday's rally,
[13:24] {Threei} probably not as successful but tradable
[13:25] {Threei} exactly what we got, and being ready we utilized it with QQQQ trade
[13:25] {Chaeron} http://www.netflix.com/Movie/The_Three_Musketeers/1043548?trkid=222336&lnkctr=srchrd-sr&strkid=1521834677_1_0
[13:25] {Threei} lwet's wait out this uncertainty
[13:25] {Threei} and watch for the next idea
[13:26] {Chaeron} http://www.netflix.com/Movie/The_Three_Musketeers/1043548?trkid=222336&lnkctr=srchrd-sr&strkid=1521834677_2_0
[13:26] {Chaeron} the 2nd one might be for more your taste magoo
[13:28] {magoo} ty..oh yeah..charlie sheen, kiefer
[13:28] {Chaeron} what? the 2nd one was supposed to be Mickey Mouse, Donald Duck,...
[13:29] {magoo} ive seen that one
[13:29] {Chaeron} :))
06[13:29] * Chaeron slaps laserdave1 around a bit with a large trout
[13:31] {dawg} out dys scalp .73 +11 cents
[13:31] {lisa_jay} Nice.
[13:31] {Threei} Long Setup: GG half lot .60 if stays above .50
[13:31] {dawg} Thanks Lisa you sure have bbeen doing well
[13:32] {magoo} in
[13:33] {dawg} in .60
[13:33] {Threei} barely touched on 1:1, not enough for exit
[13:33] {Threei} wanted more than scalp anyway
[13:35] {Threei} no worky
[13:35] {dawg} stopped gg
[13:36] {magoo} stopped
[13:50] {Threei} mess
[13:50] {Threei} sharp up, sharp down
[13:50] {Threei} nothing readable
[13:50] {magoo} weakr than yesterday..not in points
[13:50] {magoo} in power
[13:50] {Threei} yup
[13:51] {Chaeron} Fox pushing "sin" stocks
[13:52] {magoo} AAPL really struggling with 92
[13:54] {dawg} is see that magoo backed off again
[13:54] {magoo} i cant take 92.15
[13:54] {dawg} why not
[13:56] {magoo} contra hour??
[13:56] {dawg} i see
[13:56] {lisa_jay} dell at highs
[13:58] {Threei} ifthings continue this way, Qs will drop to .40 now, before going to new highs
[13:59] {Threei} half way there
[13:59] {Threei} lol
[14:02] {Chaeron} shucks... hesitated to take at .52
[14:03] {dino} afam sm l .00
[14:03] {Threei} (US) TREASURY SEC PAULSON: BELIEVES THE US FINANCIAL SYSTEM HAS BEEN STABILIZED, WHICH WAS #1 GOAL OF TARP - CNBC INTERVIEW
[14:04] {magoo} AAPL cvoiling big time imo
[14:05] {magoo} if IF mkt goes it should blast off
[14:05] {magoo} 93 easy
[14:05] {magoo} well easy as risky as hell can be
[14:06] {hawkfan4} lol
[14:09] {dino} out deck ave .42 slippage, +.52
[14:09] {lisa_jay} nice
[14:10] {dino} ty
[14:15] {dino} if this is stability....just think what instability could be
[14:15] {Threei} lol
[14:16] {magoo} aapl as closed to 92 as u can..long
[14:16] {magoo} stop 91.65
[14:16] {Threei} took .12 mags
[14:16] {magoo} 93 vad comith
[14:16] {magoo} in
[14:17] {Threei} sold half
[14:17] {Threei} .51
[14:17] {magoo} good job
[14:18] {magoo} .66 half here
[14:18] {magoo} out 04 bal
[14:19] {magoo} ty boss
[14:19] {hawkfan4} nice mags
[14:19] {lisa_jay} Nice trade Magoo, Vad
[14:19] {magoo} 14:16] {magoo} 93 vad comith
[14:19] {magoo} 14:16] {magoo} aapl as closed to 92 as u can..long
[14:19] {Threei} out 93.12
[14:19] {magoo} [14:05] {magoo} AAPL cvoiling big time imo
[14:19] {magoo} [14:05] {magoo} if IF mkt goes it should blast off
[14:19] {Threei} +$1
[14:19] {dino} all l .00
[14:20] {hawkfan4} i'd say beauty but i don't want Vad to get jealous :)
[14:20] {Threei} lol
[14:20] {magoo} nice call aapl vad
[14:20] {magoo} ty
[14:20] {Threei} I called it?
[14:21] {magoo} lol
[14:21] {magoo} computer generic programmed thank u..saves me time
[14:21] {Threei} ah
[14:21] {Threei} keep it well oiled
06[14:21] * magoo slaps laserdave1 around a bit with a large trout
06[14:21] * magoo slaps laserdave1 around a bit with a large trout
06[14:21] * magoo slaps patience around a bit with a large trout
06[14:21] * magoo slaps patience around a bit with a large trout
06[14:22] * magoo slaps Chaeron around a bit with a large trout
[14:22] {magoo} and u lil bow wow...................
06[14:22] * magoo slaps dawg around a bit with a large trout
[14:22] {dawg} that sobered me up
[14:23] {dawg} thamls tjam thanks magoo for my first efver trouting
[14:23] {dawg} great appl call was making a beer run
[14:24] {magoo} ah......it was a dollar
06[14:24] * dino slaps dawg around a bit with a large trout
[14:24] {dawg} jesus and i had my head in the cooler great call
[14:24] {dino} here's the 2nd
[14:24] {magoo} we are going GREEM
[14:25] {dawg} not now hurt my feelings dino
[14:25] {magoo} 61 down
[14:25] {dawg} ;;; ;p lol
[14:25] {magoo} helluva cheese
[14:25] {dino} greem?
[14:26] {Threei} anyone grabbed AAPL on pullback to .50?
[14:26] {Threei} was way too fast to alert
[14:26] {Threei} but very clean charty
[14:27] {dawg} in .51 aapl
[14:27] {dino} navg sm wide gappy .01 l
[14:27] {Threei} wow
[14:28] {Threei} FONR
[14:28] {Threei} RECEIVED OFFER AT $5/SHR
[14:28] {Threei} how about that?
[14:28] {dawg} ott aappl
[14:28] {wishbone} 007 time...have a great weekend all
[14:28] {Chaeron} see ya WB
[14:28] {patience} i'm going tonight wishbone
[14:28] {patience} have fun
[14:29] {Threei} have fun wishbone
[14:31] {magoo} bye wish
[14:34] {magoo} dont like this fall
[14:37] {dino} cya wishb
[14:37] {dino} been really mild weather magoo, whats the problem
[14:37] {KSystems} hello
[14:38] {dino} ks
[14:38] {Chaeron} hey KSys
[14:38] {Threei} KS :)
[14:38] {muddleheaded} Is it me or does it seem like overhead resistence is slowly getting chipped away by bulls?
[14:38] {magoo} (:SK
[14:38] {KSystems} how's the day been going so far?
[14:39] {Threei} decent
[14:39] {dino} it's you
[14:39] {dino} 8945 wall of china
[14:40] {dino} steel better term, china would break
[14:40] {Threei} "Tear down that wall!" (in my best Reagan voice)
[14:40] {dino} i miss him
[14:41] {Chaeron} me too.... badly
[14:41] {dino} named my kids after him
[14:41] {dino} donald and megan
[14:41] {dino} giddy-up
[14:42] {Chaeron} :)
[14:42] {magoo} why not name the ronald and reagan??
[14:42] {dino} ahh, wife had a say
[14:42] {dino} hod dji
[14:43] {Threei} here is amazing thing
[14:43] {Threei} Bush spoke yesterday
[14:43] {Threei} Paulson today
[14:43] {Threei} and none of them managed to kill the market
[14:43] {dino} and obama quiet
[14:43] {Threei} this is officially start of the bull market
[14:43] {Threei} if we can ignore those speaking
[14:43] {magoo} GREEM
[14:46] {dino} or 3i, just keep obama's mouth shut
[14:48] {Threei} I have to say, this is way less confident climb than yesterday's
[14:48] {Chaeron} it's Friday?
[14:49] {dino} then say it!
[14:53] {lisa_jay} lvs news?
[14:55] {magoo} c'mon GREEM
[14:55] {magoo} 'new color
[14:55] {dino} lol 3i
[14:55] {hawkfan4} nothing significant today lisa on LVS
[14:56] {dino} open the sipgots, time to re-inflate it all
[14:56] {lisa_jay} Ok, thanks Hawk.
[14:56] {magoo} green with less moxy than yesterday=greem
[14:56] {dino} dji greeN
[14:58] {dino} targets upward, 8945 (obama high), gap at 8696, 9,625 area
[14:59] {magoo} dip sh$t says 9000
[14:59] {Geo} ??
[14:59] {magoo} cramer
[14:59] {Geo} ahh thanks
[14:59] {magoo} just time to buy his post just up
[14:59] {magoo} this morn hated it
[15:00] {dino} i'm getting out then, out all .75, +.75
[15:00] {Onix} In for lunch and i see you guys have raced up the market again during my abscence
[15:00] {Onix} are we trading anything?
[15:00] {Threei} actually Geo... we tried to sneak it in ahile Onix was out
[15:00] {dino} onix, we are noticing a pattern, you leave we make $
[15:00] {Onix} then ishould leave immediately?
[15:01] {Threei} honest to god onix... profitable call came 1 frikin minute after you left
[15:01] {Geo} maybe we just pay him a percentage and he sits pretty
[15:01] {Onix} that sounds like a plan geo
[15:01] {Geo} :)
[15:01] {Geo} of course well all lie
[15:02] {Onix} and here i am believing every word!
[15:02] {Geo} lol
[15:02] {Threei} [10:47] {Onix} ok ... ok, i get it. i will leave now for my day-job so that you guys can race up the market again. Enjoy!
[15:02] {Threei} [10:47] {Chaeron} bye Onix, have a great weekend
[15:02] {Threei} [10:48] {lisa_jay} Bye Onix.
[15:02] {Threei} [10:48] {Threei} Long Setup: GG .85 if stays above .70
[15:02] {Threei} [10:48] {Threei} half lot
[15:03] {Threei} [10:50] {Threei} OK, I feel bad
[15:03] {Threei} [10:50] {Threei} to isue a call a few seconds after Onix left...
[15:03] {Threei} [10:50] {Geo} hehe
[15:03] {Threei} [10:50] {lisa_jay} A great call like this.
[15:03] {Threei} [10:50] {dawg} out 1/2 .17
[15:03] {Geo} i think the real setup was long .75
[15:03] {Geo} but vad waited
[15:03] {Onix} unbelievable!
[15:03] {Onix} but there is the proof
[15:03] {Threei} but I did feel bad...
[15:03] {dino} pery
[15:04] {Onix} ty
06[15:04] * Geo feels bad and scrapes the money
[15:04] {Threei} Qs pulled back in bounce zone
[15:05] {Threei} in .03
[15:05] {dawg} Q.s in j..
[15:05] {Threei} .95 stop
[15:07] {Threei} half out .15
[15:07] {Onix} in late @ .11
[15:07] {dawg} halff out
[15:07] {Threei} out .23
[15:07] {dawg} out .j 22
[15:08] {dawg} Thanks Vad good call
[15:08] {magoo} first 1 i missed of yours
[15:08] {dino} onix, don't feel bad, get even
[15:08] {dawg} yes magoo but you nailed one in aaapl
[15:08] {dawg} ot or twoo
[15:09] {lisa_jay} missed too
[15:13] {Onix} sold 200 @ .24 + 200 @ .29 still holding 100
[15:13] {Onix} ty Vad!
[15:13] {Threei} nice Onix
[15:13] {Threei} I feel better
[15:13] {Chaeron} so does he
[15:14] {Threei} I don't like to discriminate against brother canucks
[15:14] {Onix} :)
[15:14] {Threei} I mean, I love to discriminate...
[15:14] {Onix} lol
[15:14] {Chaeron} just against californians because our weather is superior
[15:14] {Threei} just don't like that it shows so clearly :)
[15:14] {Threei} oh yes
[15:14] {Threei} californians are to be discriminated against
[15:14] {Chaeron} oh it's 83 today Threei
[15:15] {Threei} see?
[15:15] {Chaeron} not a cloud in the sky
[15:15] {Threei} how not to discriminate?
[15:15] {Threei} they have great weather, swimming ocean, swaying palm trees
[15:16] {Threei} Qs going to .40 on the next leg it seems
[15:16] {Threei} just tough to find entry
[15:17] {Threei} got .15
[15:17] {Threei} stop under .10
[15:17] {Chaeron} got .13
[15:18] {dino} financials pulling back
[15:18] {Threei} out
[15:18] {Threei} not sure what's happening here
[15:18] {Chaeron} me too
[15:18] {Chaeron} stopped
[15:20] {Threei} opays to keep them tight
[15:20] {Threei} HIG
[15:20] {Threei} ANNOUNCES AGREEMENT TO ACQUIRE FEDERAL TRUST BANK AND APPLICATION TO U.S. TREASURY CAPITAL PURCHASE PROGRAM
[15:21] {Threei} wow
[15:24] {Threei} PRU goes too
[15:24] {Chaeron} I have to go take care of other business. Thanks vad and everyone for yet another great week.
[15:24] {Threei} take care chaeron, have a great weekend
[15:24] {lisa_jay} Bye Chaeron
[15:24] {Chaeron} you guys too
[15:24] {Threei} HIG, that was something
[15:24] {magoo} c u chaer
[15:27] {Threei} more on HIG
[15:27] {Threei} APPLIES TO BECOME SAVINGS AND LOAN HOLDING COMPANY
[15:27] {Threei} - Applied to the OTS to become a savings and loan holding company and has applied to participate in the U.S. Treasury Department's Capital Purchase Program (CPP).
[15:27] {Threei} - Hartford estimates that it would be eligible for a capital purchase of between $1.1B and $3.4B under existing Treasury guidelines. The final amount of capital request will be determined following approval by Treasury.
[15:27] {Threei} - Hartford has signed a merger agreement to acquire the parent company of Federal Trust Bank for approximately $10M and will also provide an additional amount to recapitalize the bank.
[15:27] {Threei} - The completion of this acquisition will satisfy a key eligibility requirement for participation in CPP.
[15:28] {dino} watch 3:40 pm imo, that has been the rally time
[15:30] {muddleheaded} Thanks Dino, my eyes are glued to my screen.
[15:33] {Threei} gwetting interested in Qs bounce
[15:34] {Threei} let's do half lot
[15:34] {Threei} .60 break if holding .50
[15:34] {dino} 200 pt drop
[15:34] {dino} hate to say it, but so far my earlier call, up then -200
[15:35] {Threei} could you issue one more, for +300 now?
[15:35] {Threei} please?
[15:35] {dawg} in .63 q's
[15:35] {dino} gut says up
06[15:36] * Threei toasts dino's gut
[15:38] {dino} dow l off of .80
[15:42] {dawg} stopped q's
[15:42] {Threei} you didn't partial at 1:1?
[15:42] {dino} gut wrong.
[15:43] {dawg} just missed by 2 cents got in at 1:1 vad it was a good call though
[15:43] {dawg} get in at .63
[15:43] {dawg} got in
[15:46] {Threei} maga, look dcc please
[15:53] {dino} out navg .70, -.31
[15:56] {dino} well once again cramer buy the top sell the bottom, the guy is the ultimate contrarian tell
[15:56] {dino} he was only off by 600 pts, said 300 up
[15:57] {dptl} have a good weekend all:)
[15:57] {Threei} take care dp
[15:57] {dino} u2 dp
[15:58] {Threei} wow
[15:58] {Threei} what a drop
[15:58] {Threei} and kosmo... what can I say
[15:58] {Threei} good job
[15:58] {magoo} cramer
[15:59] {patience} yessh, i thought we would end up some....honestly, do any of them know what's going on
[15:59] {Threei} -350
[16:00] {lisa_jay} .
[16:00] {Threei} another dramatic day, lol
[16:00] {Threei} tired of drama yet?
[16:00] {lisa_jay} Thanks Vad. Learnt a lot this week.
[16:00] {Threei} made some money too?
[16:00] {muddleheaded} See you all next week.
[16:00] {Threei} thank you all
[16:01] {Threei} have a great relaxing weekend
[16:01] {Threei} see you on Monday
[16:01] {lisa_jay} Yes. Of course.
[16:01] {hawkfan4} bye all, thx n enjoy
[16:01] {magoo} ty a;ll
[16:01] {Threei} best kind of learning lisa
[16:02] {lisa_jay} Yes.
[16:02] {lisa_jay} Free tution or tution reimbursement.
[16:03] {lisa_jay} Bye all.
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