Tuesday, October 21, 2008

Oct 21 2008

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Session Time: Tue Oct 21 00:00:00 2008

[08:06] {magoo} jhhdfdhffyjyfv
[08:06] {Threei} lkgoidnht?
[08:06] {Threei} anyway... good morning
[08:07] {lisa_jay} Hi Vad. I am finally here.
[08:07] {Threei} hi lisa, welcome back :)
[08:07] {lisa_jay} Thank you.
[08:07] {lisa_jay} $%^%$# Magoo. Hope you remember me.
[08:08] {magoo} morn lisa...why u swearing at me already? he he
[08:09] {lisa_jay} I:-)
[08:09] {Threei} oh mags, just look in the mirror...
[08:09] {lisa_jay} Vad, is it too early for questions?
[08:09] {Threei} and tell me it didn't made you swear {G}
[08:10] {Threei} shoot lisa
[08:11] {lisa_jay} Should I place hard stops in the system or manually close position if stop price hit?
[08:11] {Threei} it's a matter of 2 things
[08:11] {Threei} 1. personal discipline
[08:11] {Threei} 2. ability ot be at your computer
[08:12] {Threei} if you are good at executing stops without second-guessing them, and can be at your station majority of the time, I would prefer manual stops
[08:12] {Threei} if you have to leave for a few hours, place hard stop
[08:13] {Threei} if you know thyself and suspect you may ignore the stop in hope stock recovers... place hard stop and don't give yourself a chance to ruin your account
[08:14] {lisa_jay} Ok, thank you.
[08:15] {Threei} one more advice about stops
[08:15] {Threei} every time you have to take a stop, slap magoo with trout - it helps cope with loss
[08:15] {lisa_jay} Sounds fishy.
[08:15] {Threei} it is
[08:15] {Threei} but it works
[08:16] {Threei} both emotional relief and satisfaction of delivering joy to thy neighbor
[08:16] {Threei} help immensely
[08:24] {magoo} :)
[08:34] {magoo} AKS vad news?
[08:36] {Threei} 08:31am [AKS] Reports Q3 $1.67 v $1.45e, R $2.16B v $2.16B
[08:36] {magoo} UAUA active
[08:37] {Threei} 08:31am [UAUA] Reports Q3 -$1.99 v -$2.48e (ex items), R $5.57B v $5.54Be
[08:51] {Onix} Good morning all
[08:51] {Threei} onix :)
[08:52] {Threei} if it were tradinhg hours, I'd say short UAUA on .50 breakdown
[08:53] {magoo} huh?trading hours?
[08:54] {cosmo} i count 24
[08:54] {Threei} market isn't open yet mags... noticing such fine nuances?
[08:56] {Threei} hmmm
[08:56] {Threei} how did I get a fill at .55 for 600?
[08:56] {lisa_jay} How to play sound when new message?
[08:56] {Threei} shurg... whatever, stop above .60
[08:57] {Threei} someone recently consulted on that
[08:57] {Threei} was it geo?
[08:57] {lisa_jay} thtt
[09:01] {Threei} FED SETS UP NEW PROGRAM TO BUY MONEY MARKET FUNDS, NOTING THAT MONEY MARKET FUNDS ARE HAVING TROUBLE MEETING REDEMPTIONS
[09:08] {dino} gm all
[09:08] {Threei} dino :)
[09:09] {Geo} gm
[09:09] {Threei} geo :)
[09:10] {dino} hmmmmmm
[09:11] {dino} bank runs, money market $ going under mattresses
[09:12] {ese} god morning.....
[09:12] {Threei} ese :)
[09:12] {ese} hey vad
[09:15] {Threei} covered half .25 and .26
[09:21] {dptl} good morning all
[09:22] {ese} dp.....
[09:22] {ese} it's cold over here....how bout the mainland?
[09:22] {Threei} dp :)
[09:23] {dptl} :)..yeah its cold here too
[09:27] {magoo} calling for light snow here in n.e.pa
[09:27] {Threei} covered in full .20
[09:27] {ese} should be cheaper for you to get over here dp...BC ferries is going to cut the gasoline surtax maybe.....
[09:28] {dptl} oh good..:)
[09:28] {Threei} snow in Ontario
[09:28] {ese} they can have it.....
[09:29] {Threei} aww, too soon on UAUA
[09:31] {Threei} 13 break long half lot if stays above .80
[09:31] {peterg} morning
[09:31] {Threei} peter :)
[09:31] {Threei} aggressive entry .91
[09:32] {Threei} invalidated
[09:34] {dino} itri v sm s .86
[09:34] {Threei} fooled us UAUA
[09:34] {Threei} Long Setup: JNPR .30 if stays above .15
[09:37] {Threei} 1:1, half out
[09:37] {Threei} scalpers know what to do
[09:37] {hawkfan4} SLM 11.01, stop 10.90
[09:38] {magoo} nice uaua vad
[09:38] {Threei} out in full JNPR
[09:38] {Threei} +.30
[09:38] {hawkfan4} nice one thx
[09:38] {Geo} nice vad
[09:39] {hawkfan4} stopped slm -.12
[09:39] {Threei} Long Setup: ADBE 29 break if stays above 28.80
[09:41] {Threei} grrr
[09:41] {Threei} forgot about MPEL
[09:42] {hawkfan4} alth too
[09:44] {dino} sgp sm l .90
[09:44] {Threei} UAUA, I am crying
[09:45] {dino} cof sm l .35
[09:45] {magoo} u are not alone
[09:48] {ese} L line. 28 and it's moving
[09:50] {ese} wanted .20 but it was moving to fast
[09:51] {ese} may have cahsed a litle but I think it will be OK
[09:51] {ese} thats Chased...
[09:52] {Threei} ok market, time for explosion
[09:52] {Threei} just don't get confused which way
[09:53] {Threei} Long Setup: NQ 1330 break
[09:53] {Threei} Short Setup: QID .80
[09:53] {Geo} in
[09:54] {Threei} ugh, late on QID
[09:54] {Threei} don't chasde, let it bounce
[09:54] {Threei} its volatility often allows for wentry on snapback
[09:54] {Threei} half lot btw
[09:54] {Geo} stop 24 vad?
[09:54] {Threei} yes
[09:55] {ese} stop to .14 LINE
[09:55] {Threei} cover half QID
[09:55] {Threei} bounced right into short trigger
[09:56] {Threei} quit fooling sround market, break that 1335 and go
[09:56] {dino} micc blood
[09:56] {dino} itri cov .13 -.27
[09:58] {ese} out line stopped.......
[09:59] {Threei} Long Setup: GERN .75 if stays above .60
[09:59] {ese} my own fault.....should have taken that initial run up......it got away on me
06[09:59] * Threei kicks NASDAQ in the rear
[10:00] {Geo} nq half target 35 vad?
[10:00] {Threei} on a spike above it
[10:00] {dino} micc sm l .98
[10:00] {Geo} drat
[10:00] {Geo} missed gern
[10:00] {Threei} hmmm
[10:00] {Geo} got it
[10:00] {Geo} :)
[10:00] {Threei} there is something Geo doesn't tell us
[10:00] {Threei} GEO
[10:00] {Threei} AWARDED JOINT CONTRACTS FOR THE CONSTRUCTION AND MANAGEMENT OF A NEW 2,000-BED SPECIAL NEEDS PRISON IN FLORIDA
[10:01] {Geo} well i am special
[10:01] {Threei} Attention: ADBE half out at 1:1
[10:01] {Threei} here is your spike Geo
[10:02] {Geo} got it TY
[10:02] {Threei} QID players fell free to cover as you see fit
[10:02] {Threei} nice 60 cents here
06[10:02] * Geo feels selfish for making wvad work harder
[10:02] {Threei} you should
[10:02] {Threei} I mean, nice dollar here
[10:03] {Threei} good boy market
[10:03] {Geo} new stop vad?
[10:03] {Threei} just under b/e
[10:03] {Threei} IMO
[10:03] {Geo} yeah thats where i am
[10:03] {Threei} this is not a scalping market for me
[10:03] {Threei} capable of bigger move
[10:03] {Threei} let it breathe
[10:04] {Threei} Attention: ADBE 1/4 out at 1:2
[10:04] {Geo} gern slow
[10:04] {Threei} you in a hurry?
[10:04] {Geo} ill be here ALL day
[10:04] {Threei} 1:2 hit ADBE
[10:05] {Threei} new stop for the last portion is .15
[10:05] {tomg} ty nq vad
[10:05] {Threei} welcome tom
[10:06] {Geo} still in with one lot in NQ
[10:06] {Threei} hold it
[10:06] {dino} out cof .95, +.60
[10:06] {Geo} stop 1330.5
[10:06] {Threei} offer it for sale at, ummm
[10:06] {Threei} 50 - 55
[10:06] {Geo} 55 hehehehe
[10:07] {Threei} UAUA
06[10:07] * Geo getting spoiled
[10:07] {Threei} 14 break for adventurous
[10:09] {ese} are you thinkin 14.01 uaua vad
[10:09] {dino} pru sm l .25
[10:09] {Threei} yes
[10:09] {Threei} it's likely to be very fast on a break
[10:10] {Threei} let's get bold and offer last portion ADBE at 29.90
[10:10] {Threei} FED TO PROVIDE UP TO $540B IN NEW MONEY MARKET PROGRAM
[10:10] {dino} this market wants to rock, imo
[10:11] {Threei} this is frikin monoply money
[10:11] {Threei} 540B? no problem
[10:11] {Threei} yes dino
[10:11] {Threei} 10:03] {Threei} this is not a scalping market for me
[10:11] {Threei} [10:03] {Threei} capable of bigger move
[10:11] {dino} why don't they just become insurance company and charge premiums
[10:12] {Geo} gap almost filled?
[10:12] {Geo} no prev res
[10:12] {ese} have to pass on uaua......see you all tomorrow....this tue thurs thing is going to drive me nuts
[10:12] {Threei} take care ese...
[10:12] {ese} take care all
[10:12] {Geo} cya ese
[10:13] {magoo} bye es
[10:13] {hawkfan4} ok, gotta run to the bank, so hold on to your hats...
[10:13] {dino} later es
[10:13] {Geo} hahah thanks hawk
[10:13] {magoo} hawker:)
[10:14] {Geo} should the bank just open a counter where he is?
[10:14] {dino} pru stopped -.34
[10:15] {Geo} nq 1350 resistance
[10:15] {Threei} break that 50 NQ
[10:15] {dino} resistance is futile
[10:15] {Threei} totally
[10:16] {Geo} thats what i told my gf before she agreed to marry me
[10:16] {Threei} tale of deep regrets follows?
[10:16] {Geo} for her yes
[10:16] {Geo} i got a good deal
[10:16] {Threei} of course not yours dummy
[10:16] {Geo} lol
[10:16] {Threei} lol
[10:16] {Threei} good boy NQ
[10:17] {Threei} ADBE new high
[10:17] {Geo} sigh GERN
[10:17] {Geo} oh well stop is in place
[10:17] {Threei} what are you sighing about?
[10:17] {Geo} ummm
[10:17] {Geo} nothing
06[10:17] * Geo hides
[10:18] {Threei} some are so demanding...
[10:18] {Geo} i just feel bad for gern
[10:18] {Geo} this must be bad for their self confidence
[10:20] {dino} wmt sm l .00
[10:21] {dino} poor gern.....moving on, lol
[10:22] {Geo} darn
[10:23] {Geo} i think vad should work harder in NQ.... it will keep him sharp
[10:23] {Threei} new high ADBE
[10:23] {Geo} there is nothing in it for me of course
[10:24] {Threei} so... anyone is capable of holding last portion THAT long on ADBE? :)
[10:24] {Threei} or your scalping instincts take over?
[10:25] {Threei} probably market needs some rest
[10:25] {lisa_jay} Scalped for break even on ADBE...could not deal with volatility (initially). As a penance (sp), holding firm on GERN.
[10:26] {Geo} yeah me breakeven on adbe too
[10:26] {Threei} wow
[10:26] {Geo} fatfingered 2 lots by mistake
[10:27] {Geo} didnt help me
[10:27] {Geo} so got out at even
[10:27] {Threei} I don't know how you guys manage to stay breakeven on a stock that moves 60 cents with 20 cents stop... never touching stop level
[10:27] {Threei} come on, a bit of discipline
[10:27] {Threei} let's trail GERN to under .65
[10:27] {lisa_jay} Yes. I will not doubt you again :-)
[10:27] {Geo} welli should have exited one lot at breakeven and traded like nothing happenned
[10:28] {Threei} it's not even me to doubt or not... it's simply rules of trading
[10:28] {Threei} stop is not tagged - stay in
[10:28] {Threei} don't trade on noize
[10:28] {Geo} sniff
[10:29] {lisa_jay} Yes. Learnt the hard way (paid 40c) for it.
[10:29] {Geo} ndaq running
[10:29] {Threei} literally 40c?
[10:30] {Geo} nq stop vad?
[10:30] {Threei} under .35
[10:30] {Threei} but come on
[10:30] {Threei} my target was 50 -55
[10:30] {Threei} it hit 54
[10:31] {Geo} got distracted by gap fill
[10:31] {Geo} no excuse
[10:31] {lisa_jay} Seriosly, this is one aspect of trading that i am trying to master, and avoiding taking profits too soon (before 1:1)
[10:33] {lisa_jay} There goes gern.
[10:33] {dino} micc stopped
[10:34] {Threei} {GERN} well Geo... are you still unhappy with me?
[10:34] {Geo} :)
[10:34] {dino} wmt stopped -.35
[10:34] {dino} stop city
[10:34] {dino} starting over
[10:35] {lisa_jay} Vad 1:1 on Gern is .90 or .85? Thank you.
[10:36] {Threei} formally .90...
[10:36] {Threei} noty sure what the best way to play it would be
[10:36] {Threei} let's re-evaluate as it gets there
[10:37] {Threei} it climbs nicely andf against the market, but overall this stock has a history of disapointing
[10:37] {lisa_jay} ok, thanks
[10:40] {Geo} nflx got beatup up
[10:42] {Geo} powerup?
[10:42] {Threei} let's trail GERN under .70
06[10:43] * Geo promises not to fail on NQ this time
[10:44] {Threei} LOL, YHOO saga will never end:
[10:44] {Threei} HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[10:44] {Threei} {MSFT}
[10:44] {Geo} man yang should have been kicked out long time ago
[10:46] {Threei} I am gettinf feeling that oil is going to get killed after OPEC cut
[10:47] {Geo} stopped NQ
[10:47] {Geo} good lesson
[10:48] {Geo} TY vad
[10:48] {Threei} still stopped on a trail, in plus, right?
[10:48] {Geo} still got 8 points one one and 4 on other
[10:48] {Geo} on one
[10:49] {Geo} so 240 bucks
[10:49] {Geo} not banking second lot on 54 was a big mistake
[10:50] {Threei} maybe not exactly 54, it's hard to nail exact top,
[10:50] {Geo} i had it on 50
[10:50] {Threei} but when it lost 50, .49 should have been taken
[10:50] {Geo} moved to 55 heheh
[10:50] {Geo} thought gap would fill
[10:50] {Geo} good to know
[10:50] {Geo} nice way to exit
[10:50] {Threei} so, 49 - 34 = 15x20 = $300, right?
[10:51] {Geo} yeah :(
[10:51] {Threei} write it down as a price of mistake
[10:51] {Threei} and look at it every time you experience doubt
[10:51] {Geo} thats a great way to exit vad
[10:51] {Geo} loses round nuber
[10:51] {Geo} exit
[10:51] {Geo} never thought of that
[10:53] {dino} sgp stop to flat
[10:54] {dino} stopped sgp 0.0
[10:56] {lisa_jay} GERN stopping out almost.
[10:56] {Threei} Short Setup: UAUA .59 if stays below .70
[10:58] {Threei} invalidated
[10:58] {dino} hig sm l .00
[11:06] {Geo} out gern
[11:15] {Geo} .
[11:17] {dino} last try, v sm, micc l .20 wide
[11:22] {dptl} leaving earlier...have a good day all
[11:22] {hawkfan4} cya dp
[11:23] {Threei} take care dp
[11:25] {dino} cya dp
[11:27] {dino} micc stopped done w/it
[11:31] {lisa_jay} Slow right now. So going to introduce myself.
[11:31] {Chaeron} good morning all... sorry I'm late
[11:32] {lisa_jay} New trader (paper traded for a while), real small position size trading for over 5 months with slow churn and bleeding.
[11:32] {lisa_jay} Seeking help from the Gods...hence joined Vad :-)
[11:32] {Chaeron} welcome LJ
[11:33] {lisa_jay} Thanks Chaeron.
[11:33] {Chaeron} don't mind the lousy typing, spelling or jokes and you'll have a blast
[11:34] {lisa_jay} Actually went through nearly every chat log that is posted on Vad's blog. So used to the jokes...my kind of humor.
[11:34] {Chaeron} ahhh... birds of a feather
[11:34] {Chaeron} (no offense Raven) :)
[11:35] {dino} welcome to the jungle lisa
[11:35] {lisa_jay} Thank Dino.
[11:35] {lisa_jay} Sorry..
[11:35] {lisa_jay} Thanks.
[11:35] {Threei} chaeron :)
[11:36] {Chaeron} morning sir... all quiet now I got here?
[11:36] {Raven} {}
[11:37] {Chaeron} DRYS...
[11:37] {Geo} welcome lisa jay
[11:37] {Threei} yes chaeron
[11:37] {lisa_jay} Thanks Geo.
[11:37] {Threei} we have one more room now
[11:37] {Threei} and as soon as you connect we move calls in there
[11:37] {Chaeron} :P
06[11:38] * Geo is worried now
[11:38] {Chaeron} well, Geo and I know the address of that monastary with all females
[11:38] {Geo} "monastry" eh
[11:39] {dino} rally
[11:39] {Chaeron} monastery... sorry
[11:40] {Threei} OK, feels like we have bottomed
[11:41] {Threei} time to starty trying them again
[11:41] {Threei} Long Setup: ADBE 29.10
[11:41] {Threei} if stays above 29
[11:42] {Threei} Long Setup: JNPR 19.21 if stays above 19.10
[11:43] {Threei} change of plans ADBE - entry if NQ sharply turns upward
[11:43] {Threei} aggressively
[11:45] {dino} hmm no rally
[11:45] {dino} scanner fooled me
[11:46] {Geo} as long as its the scanner
[11:46] {Geo} and not the 8 ball
[11:46] {dino} lol
[11:47] {Threei} it's either failure or last pullback
[11:47] {Threei} JNPR is too weak
[11:47] {Threei} made new low whiole NQ is merely pulled back
[11:47] {magoo} this mkt blows
[11:48] {magoo} today and yesterday
[11:48] {Geo} lol magoo
[11:54] {Threei} no clear trades here
[11:54] {Threei} waiting
[11:55] {dino} sizing and widening, fwiw
[11:56] {dino} clhb, qcom, interesting
[11:56] {dino} so is my chicken salad sandwich
[12:10] {dino} cof sm l .30
[12:16] {Chaeron} Andrew Clark in New York The Guardian, Saturday October 18 2008 - "The boss of a successful US hedge fund has quit the industry with an extraordinary farewell letter dismissing his rivals as over-privileged "idiots" and thanking "stupid" traders for making him rich."
[12:16] {Chaeron} finally... someone thanks me for my trading abilities
[12:17] {lisa_jay} Lol
[12:17] {dino} cof stopped -.33
[12:17] {Geo} andrew lagde
[12:17] {Geo} lahde
[12:17] {Geo} and yeah he also called for legalization of hemp
[12:17] {Geo} and formation of a leadership fpprum by soros
[12:18] {Geo} anderson alumni
[12:21] {Threei} OPEC SEC GENERAL AL-BADRI: SEES GLOBAL OIL SUPPLY RUNNING AT SURPLUSES BY THE END OF 2008 AND FIRST TWO QUARTERS OF 2009
[12:21] {Geo} my pilot gets nearer
[12:24] {Threei} MPEL substantial pullback
[12:24] {dino} clhb sm l .85
[12:24] {dino} .95
[12:27] {Threei} volume p;attern is changing on NQ
[12:27] {Threei} lower on pullbacks, higher on advances
[12:28] {Threei} Long Setup: UAUA .51
[12:28] {Threei} stop under .40
[12:29] {Threei} Long Setup: NQ 1308 if not losing 1304 anymore
[12:30] {dino} brb
[12:31] {Threei} .short qid half lot under 71
[12:31] {Threei} stop above 71.25
[12:33] {Threei} QID 1:1
[12:33] {Geo} nq target vad?
[12:33] {Threei} closer to 1320 for now
[12:33] {Threei} will re-evaluate as it gets there
[12:34] {Geo} QID seems lot faster than NQ
[12:34] {Threei} volatile thing
[12:34] {Geo} yeah
[12:34] {Threei} ultrashort ETF
[12:34] {Geo} ah
[12:34] {Geo} never played
[12:35] {Threei} try with small shares first
[12:35] {Geo} you do full lot?
[12:35] {Geo} exactly
[12:35] {Threei} only when I am very confident
[12:35] {Chaeron} UAUA needs a boot soon...
[12:35] {Geo} looks like a 300 for me
[12:36] {dino} sgp l .50
[12:38] {Threei} QID 1:2
[12:38] {Threei} wow
[12:38] {Threei} out .42
[12:38] {Geo} NQ one lot out
[12:38] {Geo} 1:1
[12:40] {Geo} stop still o4 vad?
[12:41] {Threei} want to tail it and don't want to overtighten...
[12:41] {Threei} how about 06?
[12:41] {Geo} NQ moves diff
[12:41] {Threei} yeah
[12:41] {Geo} back and fills
[12:41] {Threei} that's why I am in doubt
[12:42] {Threei} can't trail NQ like usual stock
[12:42] {Threei} will be shaken out 9 out of 10
[12:42] {Geo} definately tougher
[12:42] {Geo} gys who took QID smirking
[12:43] {Threei} that's what we natural born smirkers do
[12:43] {Geo} :)
[12:44] {Threei} do this Geo
[12:44] {Threei} watch the NQ move,
[12:44] {Threei} wantchg according QID move,
[12:45] {Geo} lol
[12:45] {Threei} compare them to see the correlation,
[12:45] {Geo} just set that up
[12:45] {Threei} then calculate how many shares will match how many contracts
[12:45] {Threei} compare volatility in terms of violating the setup to account for slippage
[12:45] {Threei} and you'll get your way to play QID
[12:47] {Geo} out NQ
[12:47] {Chaeron} finally UAUA
[12:47] {Chaeron} 1:1
[12:48] {Geo} 1000 shares QID apprx 3 contracts of NQ
[12:49] {Geo} so i guess my 300 QID was good as its one NQ
[12:49] {Geo} looking at vol now
[12:50] {Threei} hmm
[12:50] {Threei} doesn't look right to me
[12:50] {Geo} ?
[12:50] {Threei} my feeling is, 1000 shares QID is closer to 5 contracts
[12:53] {Geo} 1k QID = 70k 3 NQ = 78k
[12:53] {Geo} apprx
[12:55] {Threei} ?
[12:55] {Geo} leverage
[12:55] {Threei} this is wrong way to compare
[12:55] {Geo} ok
[12:55] {Threei} weigh the size of the movement against each other,
[12:55] {Geo} ok
[12:55] {Threei} see how much $ you make on 1 contract NQ
[12:56] {Geo} ok
[12:56] {Threei} calculate how many shares you need on QID to make the same amount of money on the move that corresponds with NQ
06[12:56] * Geo back to drawing board
[12:56] {Threei} meaning,
[12:56] {Threei} (just an ewxample)
[12:56] {Threei} 5 points NQ equal 50 cents QID
[12:56] {Geo} sniff
[12:56] {Threei} not saying it is, that's for to observe
[12:57] {Threei} 1 contract on 5 points gives you $100
[12:57] {Threei} then you need 200 shares QID to gain the same on corresponding move
[12:58] {Threei} capishe?
[12:58] {Geo} sigh
[12:58] {Geo} you right vad
[12:58] {lisa_jay} Thank you Vad, got 20c on UAUA.
[12:58] {Threei} good job lisa
[12:58] {Geo} still half in UAUA
[12:58] {Threei} good job sitting tight and letting trade work out
[12:58] {Threei} I know it tempted you to quit zillion times
[12:59] {Geo} man NFLX pounded for outlook
[12:59] {lisa_jay} :-)
[12:59] {lisa_jay} I learnt the hard way that good things come to those who wait.
[12:59] {Geo} you make a good case for trading QID rather than NQ vad lol
[13:00] {Geo} the stops on QID definately easier
[13:01] {Threei} I don't know lisa... I tried that yesterday, sat and stared at the ceiling telling my wife that I was waiting for Angelina Jolie to come... nothing good came out of it
[13:01] {Geo} didnt wait lon enuff
[13:02] {Threei} I want to see how long you can wait under frying pan hitting you on the head
[13:02] {Geo} lol
[13:03] {Geo} at 1X now
[13:03] {Geo} would be 2.5X if i had played NQ better
[13:03] {lisa_jay} Lol.
[13:04] {Geo} sheesh..... entry/stop/target spoonfed
[13:04] {Geo} and still lost that
[13:04] {Geo} delete that from log vad !!!!
[13:05] {Threei} nope
[13:06] {Threei} too much work
[13:06] {Threei} OPEC'S AL BADRI: OPEC HAS NO DEFINED 'PRICE RANGE'
[13:06] {Threei} yeah, it's just the more the merrier
[13:10] {lisa_jay} UAUA hit 1:3
[13:19] {Threei} Long Setup: JNPR 19 break if sstays above 18.90
[13:21] {Threei} 1:1 in a hurry
[13:22] {Chaeron} UAUA in 13.51, out 13.89 +0.38 Thanks Threei... it hit 4:1
[13:22] {Geo} half out
06[13:22] * Threei slaps Chaeron around a bit with a large trout
[13:22] {Geo} nice chaeron
[13:22] {Geo} olympic hold
[13:22] {Threei} LARGE US BANKS' 2008 FINANCIAL RESULTS WILL REPORTEDLY BE SCRUTINIZED ON EXECUTIVE PAY BY THE SEC
[13:22] {Chaeron} thx guys
[13:35] {Threei} yawn
[13:36] {Threei} trades come in bursts... followed by lull period
[13:39] {Threei} as strange as it may seem... but UAUA 14 break is still on the deck
[13:57] {Geo} out UAUA
[13:57] {Geo} oops
[13:57] {Geo} JNPR
[13:59] {Threei} make up your mind will ya
[13:59] {Threei} what is it you are out of
[13:59] {Threei} I am badly confused
[13:59] {Threei} lost
[14:00] {Threei} bedazzled
[14:00] {Threei} in short, I feel like magoo
[14:00] {dino} good movie
[14:00] {Threei} lost is not baad too
[14:01] {Geo} if sstays above 18.90
[14:01] {Geo} so stopped
[14:01] {Threei} yeah, but don't we train after 1:1?
[14:01] {Threei} trail
[14:02] {Geo} hmmm didnt move stop on secod half
[14:02] {Geo} you went to breakeven?
[14:02] {Threei} some don't read courses, books and other nuggets of wisdom I shower them with
06[14:03] * Geo is embarrassed
[14:03] {Threei} it's a routine... scalp - take 1:1, day trade - partiasl and trail
[14:03] {dino} strange day
[14:03] {Geo} where did ya move your stop vaD?
[14:03] {Threei} couple cents under trigger
[14:04] {Geo} ok
[14:04] {Geo} i was out of 700
[14:04] {Geo} but didnt move stop :(
[14:07] {lisa_jay} I got 10c from JNPR, thanks Vad.
06[14:07] * laserdave1 slaps Threei around a bit with a large trout
[14:07] {Threei} welcome lisa
06[14:07] * Geo slaps laserdave1 around a bit with a large trout
06[14:07] * laserdave1 slaps Chaeron around a bit with a large trout
06[14:07] * laserdave1 slaps Geo around a bit with a large trout
[14:07] {Threei} sigh... sneaked in unnoticed eh?
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
[14:07] {Geo} i thought he would get to me later
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
06[14:07] * laserdave1 slaps magoo around a bit with a large trout
[14:07] {laserdave1} ya witha few bonus ones for magoooooooo
[14:08] {dino} magoo's out.
[14:09] {Threei} cold?
[14:09] {laserdave1} hes out?
[14:09] {laserdave1} really
[14:09] {laserdave1} hmmm ok
[14:09] {laserdave1} thanks for the tip
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
06[14:09] * laserdave1 slaps magoo around a bit with a large trout
[14:09] {laserdave1} appreciate teh heads up :)
[14:09] {dino} lol
[14:09] {dino} out of office
[14:09] {Geo} trouting in absentia
[14:09] {laserdave1} gotcha
[14:14] {dino} oiut sgp .62, +.12
[14:15] {Threei} careful dino...
[14:16] {Threei} OPEC SEC GENERAL AL-BADRI: OPEC WILL NOT ASK RUSSIA TO CUT PRODUCTION
[14:16] {Threei} lol
[14:16] {dino} ??
[14:17] {Threei} you think they should?? :)
[14:17] {dino} cetv sm l .00
[14:18] {Threei} oh, you wondered about "careful"?
[14:18] {Threei} that's 'cause taking 12 cents profits you again intervene into my territory :)
[14:19] {dino} ahhh, ok, went size
[14:19] {dino} had pretty good floor
[14:19] {Threei} yeah, thick one
[14:19] {Threei} not exactly the kind you usually play
[14:19] {dino} i wanted cme at 320, never got there
[14:19] {dino} mkl nice
[14:20] {dino} cedc off of .00 may be worth try
[14:20] {dino} still think qcom comes back a buck too
[14:20] {dino} so, basically watching alot of sh#t
[14:22] {Threei} still interested in UAUA 14 break
[14:22] {Threei} too strong to ignore
[14:23] {dino} oih heading up fwiw vs uaua
[14:24] {Chaeron} .90 stop UAUA?
[14:25] {Threei} if it stays above it before triggering, yes
[14:29] {Geo} wow
[14:29] {Threei} that was frikishly fast
[14:29] {Geo} i used OMS stop not stop liomit
[14:29] {Geo} got 14.09
[14:29] {Geo} sheesh never doing that again
[14:29] {Threei} why would you do that
[14:29] {Geo} i guess thats market
[14:30] {Threei} half out
[14:30] {Threei} .11
[14:30] {peterg} nickel
[14:30] {Threei} stop to .95
[14:31] {Threei} took scalp in full peter?
[14:31] {peterg} yes
[14:31] {Threei} OK... I just waited for this break for too long :)
[14:32] {peterg} what did you get in at?
[14:32] {Threei} 14.03
[14:32] {lisa_jay} Took 9c, buy on pullback after break. Thanks Vad.
[14:32] {Threei} lisa :)
[14:33] {peterg} good0
[14:33] {Geo} half out .19
06[14:33] * Geo trying to redeem himslef
[14:34] {Threei} now I know for sure magoo is not in the office
[14:34] {Threei} since no one says "redeem this" swinging the trout
[14:34] {Geo} 100 left
[14:34] {Geo} 200
[14:34] {Geo} lol
[14:34] {Threei} 1:2, 1/2 more out
[14:34] {Threei} 1/4, sorry
[14:34] {lisa_jay} Just wanted to add that if i played today with a decent size, would have paid for course on first day.
[14:34] {Chaeron} guys need to review fraction math.........
[14:35] {Threei} there you go lisa... when doing things right it pays for itself
[14:35] {Geo} course or month?
[14:35] {Threei} beautiful UAUA
[14:35] {Geo} all out
[14:35] {Threei} me too
[14:35] {lisa_jay} Course...and months too. Sigh..UAUA too eager to get out!!!
[14:35] {Threei} .28
[14:35] {Geo} .26 darn
[14:35] {Geo} 17 cents after boo boo entry
[14:36] {Chaeron} UAUA in 14.02 out 14.27... took $0.25... thanks Vad
[14:36] {Geo} now that luck dino :)
[14:36] {Geo} wow UAUA
[14:36] {Chaeron} now it goes to 16...:)
[14:37] {Threei} hehe
[14:37] {Chaeron} that nice vol spike at 13.97+ area really tip it off
[14:38] {Threei} [13:39] {Threei} as strange as it may seem... but UAUA 14 break is still on the deck
[14:38] {Threei} one hour ago, lo0l
[14:38] {Geo} I am amazed after so many mistakes i have paid for one month room
[14:38] {Threei} lol
[14:39] {Threei} you mean today
[14:39] {Geo} yup
[14:39] {magoo} back
[14:39] {Geo} dave was looking for you
06[14:39] * Chaeron slaps magoo around a bit with a large trout
[14:39] {Threei} [14:33] * Geo trying to redeem himslef
[14:39] {Threei} [14:34] {Threei} now I know for sure magoo is not in the office
[14:39] {Threei} [14:34] {Threei} since no one says "redeem this" swinging the trout
[14:39] {Chaeron} man... you missed a lot
06[14:40] * Geo slaps Chaeron around a bit with a large trout
[14:40] {Geo} thtas our line for you
[14:40] {Chaeron} lol
[14:40] {Geo} lol
[14:40] {Chaeron} 15 coming on UAUA
[14:40] {Chaeron} sheesh
[14:40] {Geo} dont tell me you still in
[14:40] {Chaeron} saw I was out and said " See ya!"
[14:41] {Chaeron} out at .27
[14:41] {Geo} vad?
[14:41] {Geo} your 1/4 left?
[14:41] {lisa_jay} Are you still in UAUA Vad?
[14:41] {Threei} no
[14:41] {Threei} 14:35] {Geo} all out
[14:41] {Threei} [14:35] {Threei} me too
[14:41] {Threei} [14:35] {Threei} .28
[14:41] {Geo} for the amount of time you waited for this
[14:41] {Geo} you should have held overnigth !
[14:42] {Threei} well, it's not like I sat not breathing or doing aything else, staring at UAUA
[14:42] {Geo} hhehehe
[14:42] {lisa_jay} He was waiting for A. Jolie.
[14:43] {peterg} shes here with me
[14:43] {peterg} brad and the kids too
[14:43] {Threei} and what do you know... UAUA dropped by first
[14:43] {Geo} evening tea peterg?
[14:43] {peterg} yes & reading religious literature
[14:43] {Chaeron} hey peter... do drinking and trading allowed :)
[14:44] {Threei} peter... send her over but please, keep brad and kids
[14:44] {lisa_jay} We are happy it was UAUA first.
[14:44] {Chaeron} that's NO drinking
[14:44] {Geo} of course peterg
[14:44] {peterg} she want to stay in midwest
[14:44] {peterg} beautiful uaua
[14:45] {Threei} that's my consolation line peter
[14:45] {peterg} oops
[14:46] {hawkfan4} dino, what's the 8 ball saying?
[14:47] {Threei} {dino} my 8 ball says you guys should get yours
[14:48] {hawkfan4} lol
[14:48] {dino} .49 out hig,+.49
[14:50] {Threei} very nice pullback UAUA
[14:50] {Threei} moves in perfect unison with NQ now
[14:51] {dino} lol. sorry, distracted. 8 ball, ask again later
[14:52] {Threei} told yas
[14:52] {Threei} it's a polite speak for "get your own"
[14:52] {hawkfan4} all 8 balls are not created equal
[14:53] {dino} pool dawg.com. some neat pool balls
[15:02] {magoo} vad, up or down into bell?
[15:03] {dino} up
[15:03] {Threei} up
[15:05] {Threei} with next spike ADBE is a long candidate on .50 break
[15:07] {dino} qcom does the buck w/o me
[15:07] {Threei} with pullback that deep, aggressive entry's better
[15:09] {Threei} QCOM should be good from here with NQ turn
[15:10] {Threei} QCOM .11 if not losing 38
[15:11] {Threei} ADBE .31 if not losing .20
[15:11] {Threei} come on NQ, time to stun the world
[15:12] {Threei} world is ready to be stunned
[15:14] {dino} zap!
[15:14] {Threei} QCOM doesn't want to participate in stunning
[15:14] {Threei} you ADBE?
[15:16] {Chaeron} need to kick the shyness outta ADBE I think
[15:16] {Geo} kick the shynes lol
[15:17] {Threei} need little NQ help
[15:17] {Threei} not much of that eh
[15:20] {magoo} down we go.sigh
[15:20] {lisa_jay} UAUA just gave back that whole move up from 14.
[15:26] {Threei} going to try QCOM .51
[15:26] {Threei} if holding above .40
[15:26] {Threei} not holding
[15:26] {Chaeron} sigh
[15:27] {dino} sm l qcom .40
[15:33] {Threei} hmm... I guess it's not up so far eh?
[15:37] {dino} guess not
[15:38] {Threei} my 8 ball tries to blame yours
[15:39] {Threei} let' let them duke it out
[15:39] {Geo} flat for the day
[15:40] {Geo} need a spicy panang curry for lunch
[15:41] {Threei} US TREASURY'S PAULSON: SEE DIFFICULT MONTHS AHEAD - INTERVIEW
[15:41] {Threei} wow UAUA
[15:41] {Geo} strong
[15:45] {dino} qcom stopped -.41
[15:49] {dino} lod
[15:49] {cosmo} me too
[15:49] {Threei} UAUA is not dropping with NQ anymore
[15:50] {Threei} first bounce candidate on market bounce
[15:52] {Geo} in from 6
[15:52] {Geo} .76
[15:52] {Threei} beautiful
[15:53] {Geo} all out .94
[15:53] {Geo} .93
[15:53] {Geo} oops
[15:53] {Geo} got scared
[15:53] {Geo} of closing time
[15:53] {Chaeron} nice one geo
[15:53] {Geo} hehehe back at 1x
[15:53] {Geo} no panang curry with soup !
[15:54] {Geo} now
[15:54] {dino} lol
[15:54] {dino} genz
[15:55] {Geo} vad you have a admin message on laser?
[15:55] {Threei} yes
[15:55] {Geo} ok
[15:55] {Threei} just bought tickets to New York
06[15:55] * Geo doing same
[15:56] {Geo} ok glad to be scared and out
[15:56] {Threei} scared or not, that was a bounce dcalp
[15:56] {Threei} good exit
[15:56] {Geo} was watching NQ for exit
[15:59] {Threei} new low
[15:59] {Threei} good
[15:59] {Threei} was afraidf those prices would start get away from us
[15:59] {dino} hbhc
[16:00] {Threei} now, can we get UAUA back under 6 and repeat whole thing?
[16:00] {Geo} wow
[16:00] {Threei} thank you all
[16:00] {peterg} beginning of rebuild confidence
[16:00] {peterg} thank you
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {Geo} thanks vd

Monday, October 20, 2008

As tradition goes, RealityTrader is holding an open house on its Birthday. Join us for two days on Thu and Fri, Oct 23 and 24. No password required, just download the connector at http://www.realitytrader.com/rtc.exe and use any username and password. We will advise additionally on Wed after the market close when the room is open.

Drop by, say hello, join our trades, share your ideas.

See you in the room!


Session Time: Mon Oct 20 00:00:00 2008

[07:59] {magoo} morning
06[08:03] * magoo slaps Threei around a bit with a large trout
06[08:11] * Threei slaps magoo around a bit with a large trout
[08:17] {Threei} watching ING, ABK
[08:17] {magoo} okj
[08:17] {magoo} sigh
[08:17] {magoo} OK
[08:18] {magoo} typing getting worse as in not better
[08:19] {Threei} as long as pattern of typing quality moving in reverse to trading quality...
[08:26] {Threei} PSUN
[08:26] {Threei} ADRENALINA PROPOSES TO ACQUIRE CO FOR $4.50 PER SHARE
[08:26] {Threei} buyers at 5.72 can't read?
[08:26] {Threei} WBMD and HLTH halted
[08:26] {Threei} merger probably?
[08:30] {Threei} lol... termination of meger agreement
[08:30] {Threei} merger
[08:36] {magoo} vad..do u know how many up days in last 12? we were only 1 of 9
[08:37] {Threei} (IC) ICELAND MAY BE READY TO ANNOUNCE A $6B RESCUE PACKAGE FROM THE IMF - FT
[08:37] {Threei} - Note on 10/16 the IMF chief ntoed that the IMF was ready to provide aid to emerging economies that are being imapcted by the global financial crisis
[08:37] {Threei} lost me
[08:38] {magoo} was dow /naz up or down 2 of 5 last week
[08:38] {Threei} most of days are down
[08:39] {Threei} were
[08:39] {Threei} you want me to calculate exact number?
[08:39] {magoo} are could still apply lol
[08:39] {magoo} no
[08:39] {Threei} thank you
[08:40] {magoo} are we still oversold?
[08:40] {magoo} yes i assume
[08:41] {magoo} i guess what im trying to ask{and doing very poorly here} are we due for powerful up day?
[08:42] {dptl} good morning all
[08:42] {Threei} dp :)
[08:42] {Threei} we are, unless we are not...
[08:42] {Threei} why guess
[08:43] {Threei} so far sure looks like it,
[08:43] {Threei} let's see how market is holding on pullbacks, how willingly it breaks highs
[08:43] {Threei} story will become clear
[08:49] {Threei} ING looks nice... most likely buy on pullbacks
[08:50] {hawkfan4} morning all
[08:50] {Threei} hawk :)
[08:53] {cosmo} also: its too early to tell about the NFL and AFL teams....
[08:53] {cosmo} for bull and bear purposes
[08:53] {cosmo} hehe
06[08:54] * magoo slaps cosmo around a bit with a large trout
[08:55] {cosmo} ...sounds about right...i guess
[08:56] {cosmo} INTC likes ERIC ... maybe?
[08:59] {ese} morning.....
[08:59] {Threei} ese :)
[09:00] {ese} mornign vad
[09:01] {Threei} caught .95 on ING pullback
[09:01] {Threei} IMF MID-EAST HEAD: MANY LENDERS CONCERNED OVER DUBAI DEFAULT RISK
[09:02] {Threei} now.... to scalp or let it trade...
[09:03] {Threei} stop under .80
[09:05] {Onix} Good morning all
[09:05] {dino} gm all
[09:05] {Geo} gm all
[09:05] {Threei} onix, dino :)
[09:07] {dino} gap above dji 9310, and most likely below on the open. careful
[09:11] {Threei} half out 12.08
[09:11] {Threei} offering 1/4 more at 12.20
[09:11] {Threei} stop to .89
[09:21] {Threei} GOLDMAN SACHS RAISED ING TO NEUTRAL FROM SELL
[09:21] {Threei} - Removed from Conviction Sell List
[09:23] {Threei} watch this offer
[09:23] {Threei} it chases ING ddown
[09:23] {Threei} if it's taken, most likely jump in cards
[09:24] {Threei} getting hit
[09:25] {Threei} if you took it stop under .90
[09:25] {cosmo} HLTH
[09:26] {cosmo} could heal
[09:26] {cosmo} imho
[09:27] {Threei} 12.09 INCA offer is next to overcome
[09:29] {Threei} taken
[09:29] {Onix} you mean ING?
[09:29] {Threei} yes
[09:32] {Geo} SNDK
[09:33] {Threei} UAUA, watching for bounce
[09:33] {Threei} half lot, around 11 most likely
[09:34] {Threei} 11.50 break if holding above .30
[09:34] {Threei} half lot
[09:35] {ese} thought about AMAG....couldn't find anywhere to get in...man does it bounce around alot
[09:36] {dino} sm l cedc .80
[09:38] {Threei} MXIM
[09:39] {Threei} .60 break small shares
[09:39] {Threei} stop under .40
[09:40] {dino} cree
[09:40] {dino} missed it
[09:41] {cosmo} ASML
[09:41] {cosmo} .97 hod
[09:42] {Geo} what up with RIMM?
[09:42] {Threei} good question
[09:43] {Threei} UAUA stopped
[09:43] {Onix} stopped UAUA
[09:45] {Geo} [06:31] {Geo} SNDK
[09:46] {Threei} REMINDER: FED CHAIRMAN BERNANKE SCHEDULED TO TESTIFY BEFORE THE HOUSE BUDGET COMMITTEE ON THE ECONOMIC OUTLOOK AT 10AMET
[09:46] {Threei} **an advanced text and Q&A with the Congressmen are expected.
[09:48] {dino} csh sm l .55
[09:50] {Threei} what's with MPEL
[09:53] {ese} i don't see anything unusual there vad
[09:53] {ese} was there bad news on it last week or something
[09:53] {Threei} Long Setup: MPEL 4.01 if holding aabove .95
[09:56] {Threei} out 1/4 more ING 12.28
[09:56] {Threei} stop under 12
[09:58] {Threei} MXIM 1:1
[09:59] {Threei} UAUA shakeout
[09:59] {dptl} mxim +.20 ty
[09:59] {Geo} my MPEL ts not moving
[10:00] {Geo} platform?
[10:00] {Threei} SEPT LEADING INDICATORS: 0.3% V -0.1%E
[10:00] {dino} v sm itri .70
[10:00] {Threei} FED'S BERNANKE: CONSIDERING A NEW FISCAL STIMULUS PACKAGE IS APPROPRIATE, BUT ANY STIMULUS MUST BE APPROPRIATE
[10:01] {Threei} out last ING .44
[10:01] {Geo} MXIM .2 thanks vad
[10:01] {Threei} welcome
06[10:02] * Threei is kicking MPEL in the rear
[10:02] {Threei} was that a kick or was that a kick
[10:02] {Geo} heh
[10:02] {dino} out csh .27, +.72
[10:03] {Onix} i MPEL @4.00
[10:04] {Onix} ty fo that kick Vad
[10:04] {Threei} it hit 1:2 on initial spike lol
[10:05] {Geo} yeah couldt position fast enuff
[10:05] {Geo} :)
[10:06] {Geo} out 1:1
[10:06] {Geo} half
[10:07] {dino} ice nice day range
[10:11] {dino} out itri .21, +.51
[10:13] {Threei} watching CHK for bounce
[10:14] {Threei} 22.50 closest support
[10:28] {Threei} QID long smaller shares .40
[10:28] {Threei} stop under .20
[10:28] {Threei} .70 half out
[10:28] {Geo} nq call if possible?
[10:29] {Threei} can'ty do both at the same time
[10:29] {Geo} true :(
[10:29] {Geo} missed QID
[10:29] {Threei} it's easy to see corresponding levels
[10:30] {dino} tech getting hit, rimm, aapl, qcom
[10:30] {Threei} stop under .30 for the balance
[10:30] {Chaeron} Good morning all
[10:30] {Threei} chaeron :)
[10:31] {Threei} MPEL over 1:2
[10:31] {Threei} 1:4
[10:32] {Threei} out in full
[10:32] {Threei} .20
[10:34] {Threei} Long Setup: CHK .51 if holding above .35
[10:37] {Threei} no worky
[10:37] {Chaeron} out CHK -0.18
[10:37] {Onix} stopped chk
[10:37] {Geo} out
[10:37] {Chaeron} thanks tho Threei
06[10:38] * Geo wonders if chaeron likes sushi
[10:38] {Chaeron} yep :)
[10:39] {Geo} i confess this is my second CHK stopout
[10:41] {Onix} me too
[10:42] {Geo} :)
[10:42] {Onix} lol
[10:42] {Geo} didnt scale as was up only 6 cents then got stopped
[10:42] {Onix} made $13 in MPEL though :)
[10:46] {dino} sm l qcom .75
[10:49] {magoo} who are the big reports tonite anyone?
[10:49] {hawkfan4} market's hungover
[10:50] {Geo} http://online.barrons.com/public/page/barrons_econoday.html?mod=topnav
[10:50] {Threei} I don't see anyone that matters
[10:50] {Geo} http://online.barrons.com/page/markets_calendar.html?mod=topnav
[10:51] {magoo} ty
[10:51] {dino} biz.hahoo.com/research/earncal/today.html
[10:51] {Geo} ummmm hahoo?
[10:52] {hawkfan4} http://moneycentral.msn.com/investor/market/earncalendar/
[10:53] {Geo} well my barrons can beat msn's a$$
[10:54] {hawkfan4} :) lol
06[10:54] * Geo was hoping for a trout
06[10:54] * hawkfan4 slaps Geo around a bit with a large trout
[10:54] {Geo} :)
[10:58] {Geo} so I put a bear put spread on QQQQ for dec expiration
[10:58] {Geo} dont hink the releases will be scintillating
[10:59] {dino} geo, lol
06[10:59] * Geo credits barron
[10:59] {Threei} RIMM UPDATE: HEARING CUT EARLIER AT A BOUTIQUE FIRM (FIRST GLOBAL)
[11:06] {Threei} FED'S BERNANKE: BEST WAY TO HELP HOUSING MARKET IS TO PREVENT FORECLOSURES; HARD TO PUT A BOTTOM IN HOUSING
[11:07] {dino} thinking out loud, let the markets work
[11:11] {cosmo} we have no choice, i think
[11:11] {Geo} orderly down
[11:12] {cosmo} so far
[11:12] {dino} out qcom .85, +.10, don't like mkt feel
[11:12] {Threei} REMINDER: TREASURY'S PAULSON IS SCHEDULED TO DISCUSS DETAILS OF THE GOVERNMENT'S BANK EQUITY PURCHASE PLAN AT 11:30AMET
[11:13] {cosmo} hmmm
[11:13] {dino} qcom suckered me
[11:17] {Threei} Long Setup: NQ 1300 if stays above 1295
[11:18] {Threei} Short Setup: QID .40 if stays below .65
[11:18] {Geo} TY
[11:18] {Threei} sigh
[11:18] {Geo} ?
[11:18] {Threei} too much work :)
[11:18] {Geo} lol
[11:19] {magoo} l aapl here 300 shares .31
[11:20] {magoo} offer .89 area
[11:20] {Threei} cover half QID
[11:20] {Threei} decide between taking profit in full around 72 and riding it
[11:20] {magoo} stop it .97
[11:20] {magoo} 93.97
[11:21] {Threei} if trying to hold, stop is above .50 for the balance
[11:22] {Threei} move your butt NQ, time for bounce
[11:23] {Threei} stop to above .40 for the QID balance
[11:24] {magoo} out .89
[11:24] {magoo} easy button
[11:24] {Threei} wtg mags
[11:24] {Geo} nice magoo
[11:24] {magoo} any takers?
[11:24] {Geo} sorry in NQ
[11:28] {Threei} try to cover the rest of QID under 71.50 or so
[11:30] {Threei} covered 1/4 more QID
[11:30] {Threei} .43
[11:30] {Threei} stop to above 72
[11:30] {Threei} US TREASURY'S PAULSON: EQUITY BUYING PLAN 'INVESTMENT' NOT 'COST', STAKES WILL BE 'TIER 1 CAPITAL', ENCOURAGING ALL BANKS TO APPLY FOR PROGRAM
[11:30] {Chaeron} dang... last time I go to meet a client "for a second"... missed all the great trades
[11:30] {Geo} :)
[11:31] {Geo} chaeron "missing" indicator
[11:31] {Chaeron} but I got that CHK one!!!!
[11:31] {Threei} half out NQ
[11:31] {Geo} got TY vad
[11:31] {Threei} 8 points
[11:32] {Threei} ugh, missed QID cover near 71 for the last portion
[11:32] {Geo} anyone else playing NQ?
[11:32] {Threei} - Nov 14 is deadline for application for program, purchases by Govt will not be 'first come, first serve', banks can sell shares worth 1-3% of assets
[11:32] {Threei} - Notes that banks will be expected to increase their anti-foreclosure efforts
[11:34] {dino} calm
[11:34] {Geo} out NQ
[11:34] {Geo} still learning
[11:34] {Geo} got the 8 vad thanks
[11:34] {Threei} :)
[11:34] {Geo} hmm QID much faster
[11:41] {dino} ice sm l .25 wide, jumpy one
[11:42] {Threei} long period of hesitation in the market
[11:42] {magoo} whats your thoughts?
[11:42] {Threei} deep inner feeling, up
[11:43] {Threei} still holding last portion of QID short
[11:43] {magoo} this week?
[11:43] {Threei} ?
[11:43] {magoo} he he
[11:43] {Threei} what week... talking about today :)
[11:44] {Threei} come on QID, lose 71
[11:44] {Threei} accordingly, come on NQ, break 1310
[11:45] {Threei} good boys both
[11:45] {Threei} covered QID in full
[11:45] {Threei} .80
[11:45] {Threei} this is what, $1.60?
[11:45] {Threei} yup
06[11:46] * Threei is dino wannabe
[11:46] {Threei} NQ 16 points here
[11:46] {Threei} make up your mind
[11:46] {dino} ?
[11:47] {Threei} still feels like more upside
[11:47] {Threei} +1.60, dino... that's your kind of wins rather than mine :)
[11:48] {Threei} and hey, just like you I get no recognition, appreciation or respect {G}
06[11:48] * Chaeron slaps Threei around a bit with a large trout
[11:48] {Threei} there
[11:48] {Threei} that's what I get :)
[11:48] {Chaeron} *I* care
[11:49] {dino} ok, 3i, but enough of that, you stealling my thunder
[11:49] {Threei} sorry
[11:49] {magoo} feels like qqqq 33,50 vad imo
[11:49] {Threei} but you opened door first:
[11:49] {dino} sm l csh .60
[11:49] {Threei} [11:12] {dino} out qcom .85, +.10,
[11:49] {Threei} see? :)
[11:49] {dino} lol
[11:50] {dino} yeah, i blew that one, went a buck +
[11:50] {magoo} u troo bunch wyners
[11:50] {dino} dumb-dumb
[11:50] {dino} gut said down hard\
[11:50] {Threei} you venture on my territory, I feel justified intervening in yours :)
[11:50] {dino} just remember this....the way i see it is you got it and i want it
[11:50] {dino} plain and simple
[11:51] {Threei} OK, over 20 points NQ
[11:51] {Threei} feel free to exit
[11:51] {Geo} still in NQ from 1305
[11:52] {Geo} reentered
[11:52] {Geo} 1lot
[11:53] {Geo} stop hiding behind 15
06[11:53] * Threei slaps hawkfan4 around a bit with a large trout
[11:53] {Geo} think more upside
[11:53] {Threei} just a reminder... not every day they move 70 points, hawk
[11:53] {Geo} hawk?
[11:53] {hawkfan4} lol, :) scalpy day for me
[11:54] {Geo} lol
[11:54] {Threei} ok :)
[11:54] {Threei} oh, and
06[11:54] * Threei slaps Geo around a bit with a large trout
[11:54] {Threei} for making me work twice as hard
[11:54] {Geo} i appreciate you 3x as much
06[11:54] * Geo slaps Threei around a bit with a large trout
[11:54] {Threei} means nothing to me unless expressed in hard currency
[11:54] {dino} same hawk
06[11:55] * Geo looks busy
[11:56] {Threei} OPEC PRESIDENT: AGAIN CALLS ON NON-OPEC NATIONS TO CONSIDER OUTPUT CUTS
[11:56] {Threei} WHITE HOUSE: SECOND STIMULUS WILL BE EVALUATED WITH CONSULT OF ADVISORS
06[11:58] * Geo cant belive he is still hoolding
[11:58] {Threei} FDIC: CONFIRMS MAXIMUM ALLOWED UNDER BANK EQUITY PLAN WOULD BE 3% OF RISK WEIGHTED ASSETS OR $25B
[11:58] {dino} darn, i needed more than 25b
[11:59] {Geo} i do with a b less
[11:59] {Geo} {- can
[12:00] {dino} how can i give out bonuses w/only 25b
[12:01] {Threei} true
[12:01] {Geo} AIG has cancelled event which would have cost 80 mill
[12:01] {Geo} keeping all its lobbying office though
[12:01] {Threei} I didn't think this through when accepted their measly 25B :(
[12:01] {Geo} events
[12:02] {Geo} so the last debate has been called witless vs slippery
[12:03] {Geo} out NQ
[12:03] {Threei} nice choice
06[12:03] * Threei is glad he isn't USA resident
06[12:03] * Geo thinks 3i is being smug
[12:03] {Threei} and proud of it
[12:04] {Geo} what happens if we stop buying igloos?
[12:04] {Threei} you can't
[12:04] {Threei} you need to live somewhere with all those foreclosures
[12:04] {Geo} lol
[12:04] {Geo} touche
[12:05] {dino} dino thinks 3i worries too much...in the end none of it will matter
[12:06] {Threei} I guess
[12:06] {Geo} anyone heard of andrew lahde?
[12:06] {Threei} these things have this way of somehow levelling off
[12:06] {Threei} that's smug Geo
[12:06] {Geo} enjoy !
[12:06] {Geo} http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVUE96d.HKyw
[12:06] {Threei} hedge fund guy who made nice money, quit and wrote smug letter
[12:06] {dino} they will inflate it away. that is the cycle system
[12:06] {Geo} lol
[12:07] {Geo} he said in the end 50 yrs no one will be remembered
[12:08] {dino} you know, instead of these stimylous hadouts, just lower taxes
[12:09] {dino} wow, major sapelling errors w/that last one
[12:10] {dino} see what happens when i don't look at keys
[12:10] {Threei} lol
[12:10] {Threei} you type like I do
[12:10] {hawkfan4} it's ok, we all have bad sapelling
[12:13] {dino} out ice .57, +1.32
[12:13] {dino} take that 3i
[12:14] {dino} :)
[12:14] {hawkfan4} nice one
[12:14] {ese} see ya tomorow.........
[12:14] {dino} later es
[12:14] {hawkfan4} cya es
[12:14] {ese} later dino
[12:14] {dino} ty hawkster
[12:14] {Geo} bye es
[12:14] {ese} hawk
[12:15] {Threei} take care ese
[12:15] {Threei} I am spechless dino
[12:15] {Chaeron} bye ese!
[12:16] {Threei} CIEN
[12:16] {Threei} HEARING RENEWED TAKEOVER CHATTER
[12:20] {dino} about time, lol
[12:23] {magoo} sad...180 up feels like dead market
[12:23] {Threei} well, there was big gap
[12:27] {Geo} off to work..... neg in stocks pos in NQ today.. thanks
[12:28] {dino} yeah magoo 250 range not cutting it
[12:28] {dino} later geo
[12:28] {dino} out csh .39, +.79
[12:29] {dino} imf chief says "she was hot"
[12:31] {Threei} FED'S LOCKHART: ECONOMIC WEAKNESS WILL CONTINUE INTO 2009, SLOWER GLOBAL GROWTH IS HAMPERING US EXPORTS
[12:31] {dino} these guys are very insightful
[12:47] {Threei} FNM
[12:47] {Threei} CEO: COMPANY GUARANTEEING APPROX $40B IN LOANS PER MONTH, PORTFOLIO MAY GROW $100B IN COMING YEAR
[12:49] {Threei} watching JNP for pullback entry
[12:49] {Threei} looks like slow steady climber
[12:51] {Onix} jnp?
[12:51] {Threei} JNPR
[12:51] {Threei} sorry
[12:52] {Threei} doesn't want to pull back
[12:52] {Threei} even though market does
[12:55] {Threei} boring day somewhat eh?
[12:56] {hawkfan4} really is. lousy tape today
[12:59] {Threei} well... after all he excitementof last two weeeks, market is probably entitled to a few hours of rest
[13:02] {dino} lphi
[13:10] {Threei} SOUTHERN CALIFORNIA HOME PRICES FELL 33% Y/Y IN SEPT TO A MEDIAN OF $308K, HOME SALES ROSE 65% IN SEPT AS BUYERS TAKE ADVANTAGE OF FORECLOSURES - MDA DATAQUICK
[13:10] {Threei} cosmo and chaeron are buying
[13:14] {Threei} MPEL new high
[13:14] {Threei} this thing is serious today
[13:23] {hawkfan4} ES looking breaky at 964. 5/15 min cup/handle. AAPL good tell
[13:25] {Threei} TTWO
[13:25] {Threei} HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[13:25] {Threei} {ERTS}
[13:26] {Threei} JNPR climbing
[13:26] {Threei} anyone found entry?
[13:27] {hawkfan4} didn't
[13:33] {Threei} in case you haven't noticed:
[13:33] {Threei} FED'S KROSZNER: US CONSUMERS ARE FACING MANY CHALLENGES
[13:34] {hawkfan4} one of my biggest challenges as a consumer is portion control
[13:36] {Threei} with any market help JPNR will take .50
[13:38] {Threei} that's no help, market
[13:43] {Geo} back
[13:48] {magoo} whatever happened to good ole days of polus 600 points\
[13:48] {Threei} lol
[13:49] {magoo} u remember..goog up 49
[13:49] {Threei} got a feeling we are to see powerful ramp-up today?
[13:49] {magoo} cme up 63
[13:49] {magoo} i "feel" q 33.50 area
[13:50] {magoo} but hey...i dont know
[13:50] {magoo} i am in bidu 100 shares at 246.40 just in case
[13:51] {magoo} oops..248.4
[13:51] {Threei} anyone went for JNPR break, offer half .65
[13:58] {Threei} SILICON ALLEY INSIDER SPECULATES RECENT WEAKNESS COULD MAKE RIMM AN ATTRACTIVE TAKEOVER TARGET
[13:59] {Threei} {----- SILICON ALLEY OUTSIDER SPECULATES IT COULD BUT WOULDN'T
[14:05] {dino} sm l bwld .50
[14:06] {dino} be one heck of a bid
[14:07] {Threei} offer the balance JNPR .80
[14:08] {Threei} hit
[14:08] {magoo} go naz goooooooooooooooooooooooooooooooooooooooooooooooo
[14:22] {Geo} .
[14:25] {magoo} hows volume todfay?
[14:25] {Threei} low
[14:28] {Threei} intriguing chart... ALTH
[14:37] {dino} calm sm l .79
[14:44] {Threei} break of 27 should do that for you
[14:48] {dino} wall of china
[14:48] {dino} entry was .70, mis-tyoe again
[14:49] {Geo} mistletoe
06[14:49] * Geo is bored
[14:49] {dino} lol
[14:49] {dino} t y p e
[14:49] {dino} good thing i look at trading keyboard
[14:50] {Geo} :)
[15:06] {_eliaun} hi all i am new here from israel
[15:06] {Geo} hi
[15:06] {Threei} hello eliaun, welcome
[15:07] {magoo} welcome
[15:07] {hawkfan4} hello
[15:07] {dino} welcome
[15:07] {_eliaun} i am seeing you people arnt busy
[15:07] {Chaeron} welcome eliaun... you mind "eli" for short?
[15:07] {_eliaun} hello again :)
[15:08] {_eliaun} actually thats my street name
[15:08] {dino} busy morning, scroll up, afternoon dried up
[15:08] {Chaeron} great... we're informal here
[15:08] {dino} good day overall
[15:08] {Threei} GSES HAVE REPORTEDLY PLACED A BID FOR MORTGAGE MANAGEMENT OF THOSE PURCHASE THROUGH TREASURY BAILOUT PLAN - UNCONFIRMED REPORT
[15:09] {Threei} fox in a henhouse anyone?
[15:09] {Chaeron} um Vad, do you mind? we're making a new friend here... hold the news?
[15:09] {Threei} sorry
[15:09] {Chaeron} :)
06[15:09] * Threei crawls back under the rock
[15:09] {Chaeron} what happened to monastary?
[15:09] {Threei} it's off the agenda until I find female one
[15:10] {_eliaun} Hi Vad i like your book TOTR
[15:10] {Threei} thank you eli
[15:10] {_eliaun} thats why am here
[15:10] {Threei} (I really need to read it)
[15:11] {_eliaun} funny
[15:11] {Chaeron} That's why Vad's here too :)
[15:11] {Threei} thank you again... not many appreciate our sense of humor
[15:11] {Threei} and I can't blame them
06[15:11] * dino slaps Threei around a bit with a large trout
[15:11] {_eliaun} ok i see i am going to subscribe to this group
[15:11] {dino} that was easy
[15:11] {Threei} 9 out of our 10 jokes are decisively not funny
[15:11] {Threei} and 10th is just horrible
[15:12] {_eliaun} horrible is good enough for a lough
[15:12] {Chaeron} Threei with another typo... our = my
[15:12] {Threei} lol
[15:12] {Threei} OK, do we get a play for the last hour or whole second half of the day is hopeless
[15:13] {dino} eli, casreful, they will scold you worse for mis-spelling, than bad trade
[15:13] {dptl} nahh :)
[15:14] {Threei} Long Setup: NQ 1340
[15:14] {Threei} if not losing 35 anymore
[15:14] {Threei} accordingly,
[15:14] {dptl} you trading eminis,Vad?
[15:14] {Threei} Short Setup: QID 68
[15:14] {Threei} nah, I do QID
[15:15] {Threei} it's Geo and hawk and tom that made me call NQ
[15:15] {dptl} oh...i see
[15:15] {Threei} (and I actively dislike them for that)
[15:15] {_eliaun} i need advice for online broker somone can i privately talk to somone?
[15:15] {hawkfan4} lol vad
[15:15] {Threei} we have recommended one on our website eli
[15:16] {Threei} dcc me if can't find it
[15:18] {Threei} market is really jerky here
[15:18] {Threei} aggressive entries are much better
[15:19] {Threei} shakeouts everywhere
[15:19] {Threei} QID short off 69 was kind of unnerving but safer bet
[15:20] {magoo} bidu does NOT report tonite do they?
[15:20] {Geo} wo QID
[15:21] {magoo} all other ytechs struggling
[15:21] {magoo} except BIDU
[15:21] {Threei} no mags
[15:22] {magoo} ty
[15:24] {dino} magoo's struggling.........from a hangover
[15:24] {magoo} a blowpop lolly pop just hit me in the forehead...that hurt
[15:25] {dino} :)
[15:25] {Chaeron} nice shot
[15:26] {dino} ;-)
[15:26] {Geo} what was the stop for QID?
[15:27] {Threei} it never triggered
[15:27] {Geo} sorry (not trading... in office)
[15:27] {Threei} you just enjoy making me work, don't you
[15:28] {dptl} may i?
[15:28] {Threei} do the honors dp
06[15:28] * dptl slaps Geo around a bit with a large trout
[15:28] {Threei} let's keep an eye on MPEL tomorrow as well
[15:28] {Geo} hey
[15:28] {Geo} i only have access to laser at work
[15:29] {Threei} could be one day wonder, but it's holding very well
[15:29] {Geo} i took the NQ 8 pointer in morning
[15:29] {Threei} posssible continuation
[15:29] {_eliaun} how much laser takes for 100 share transaction?
[15:29] {Threei} $1
[15:29] {_eliaun} after ecn+sec fees
[15:29] {Threei} here is their rep eli
[15:30] {Threei} ask him for details, he is better one to go into details
06[15:30] * Threei slaps laserdave1 around a bit with a large trout
[15:30] {Threei} that wasd "pointing by trout"
06[15:30] * Chaeron slaps laserdave1 around a bit with a large trout
[15:31] {_eliaun} good knoing you all with the trouts
[15:31] {_eliaun} knowing
06[15:31] * laserdave1 slaps Threei around a bit with a large trout
06[15:31] * laserdave1 slaps Chaeron around a bit with a large trout
06[15:31] * laserdave1 slaps magoo around a bit with a large trout
[15:31] {Geo} hey dave
06[15:31] * Geo slaps laserdave1 around a bit with a large trout
06[15:31] * laserdave1 slaps Geo around a bit with a large trout
[15:31] {Threei} OK guys, relax with that fish :)
[15:31] {laserdave1} howdy doody
06[15:32] * magoo slaps Threei around a bit with a large trout
[15:32] {Threei} sigh
06[15:32] * laserdave1 slaps Threei around a bit with a large trout
[15:32] {laserdave1} magoo made me do it
06[15:32] * Chaeron slaps _eliaun around a bit with a large trout
[15:32] {Threei} no doubt
[15:32] {Chaeron} just so you don't feel left out Eli
06[15:32] * Geo agrees
[15:32] {Threei} magoo makes us all do it
[15:32] {magoo} wow chaer..new guy already
[15:33] {dino} out bwld .89, +.39
[15:33] {Chaeron} you know, on the floor of many exchanges, there are fines for even throwing a crumpled piece of paper... like $500... if we did that here for trouting, Threei could retire....
[15:33] {Threei} lol
[15:33] {Threei} watch JNPR here
[15:34] {dino} luckily no fines in my office
[15:34] {Chaeron} It was a gesture of friendship Magoo :)
[15:34] {dino} i like to throw shoes, food, keyboards
[15:34] {Threei} if NQ breaks that 1340, JNPR is likely to take 20 and work for another leg
[15:34] {Threei} desirably if stays above 19.90
[15:34] {_eliaun} laserdave cani ask you somthing?
[15:34] {dino} cof sm l .50
[15:35] {dino} giddy-up calm
[15:39] {Geo} nice vad
[15:39] {Threei} JNPR 1:1
[15:39] {Threei} stay with scalps guys
[15:40] {Threei} JNPR, NQ, QID, whatever you picked for this power0up
[15:41] {Threei} see how quickly profits evaporate here?
[15:44] {dino} out calm .92 slipped +.22
[15:45] {magoo} nice
[15:45] {Threei} venturing on my territory again?
[15:45] {Threei} careful dino... I am very protective
[15:45] {Threei} you play your +3
[15:45] {Threei} I'll play my +.20
06[15:45] * Geo imagines 3i as a mother hen
[15:46] {Threei} wrong image geo
[15:46] {dino} ohhh mannnnnnn
[15:46] {Geo} 12:45] {Threei} careful dino... I am very protective
[15:46] {dino} i take what it gives
[15:46] {dino} stingy in afternoons, you know me, get over, get protective
[15:46] {Threei} yup
[15:47] {Threei} you just reminded me an ancient joke
[15:47] {Threei} about guy selling sunflower seeds on the corner
[15:47] {Threei} buddy comes up, and asks for small loan
[15:47] {Threei} guy says, sorry, can't, I have this agreement qwith bank across the street
[15:48] {Threei} they don't sell sunflower seeds, I don't loan money
[15:48] {Geo} hmmmmm
[15:48] {Raven} I don't get it
[15:48] {dino} out cof .78, +.28
06[15:48] * Geo with raven here
[15:48] {Threei} sigh
[15:49] {dino} reminds me of the hotdog ordering beer in bar
[15:49] {Geo} that reminds you?
[15:49] {dino} sorry, we don't serve food
[15:50] {Raven} many bars do not serve food
[15:50] {dino} ugh cof spiked w/o me
[15:50] {Threei} dino, they are hopeless
06[15:50] * dino slaps Raven around a bit with a large trout
[15:50] {Raven} {-------------- circling dino
[15:50] {Geo} slow day
[15:51] {dino} pretty much done1.6x
[15:51] {Geo} nice dino
[15:51] {Threei} market pretty much took day off today
[15:51] {dino} ty geo, slow, but profittable
[15:51] {Threei} slow, relatively narrow
[15:51] {Threei} low volume
[15:51] {Threei} but heck... market needed it
[15:52] {Threei} finishing in green, nice steady accumulation
[15:52] {Raven} sure did ... VIX down 21%
[15:52] {Threei} yeah
[15:52] {Threei} no problem withb this action
[15:52] {Threei} bodes well for some consolidation and continuing upward
[15:53] {Threei} ALTH continues
[15:53] {Threei} MPEL finishes near high
[15:54] {dino} problem as i see it, gap at 8852
[15:54] {Threei} yeah, that's abattle to fight still
[15:54] {Threei} or maybe not
[15:54] {Threei} maybe we never look back
[15:55] {dptl} ok....have a good evening all :)
[15:56] {Threei} take care dp
[15:56] {Threei} did OK?
[15:56] {Threei} MPEL
[15:56] {Threei} grrr
[15:56] {Raven} I don't get it
[15:56] {Threei} lol
[15:57] {Geo} you holding overnight vad?
[15:57] {Threei} no
[15:57] {Geo} k
[15:57] {Threei} +400 almost, DJI
[15:57] {Threei} not bad
[15:58] {Threei} Ok guys, not bad day albeit not very exciting
[15:58] {patience} tsx up 630
[15:59] {Threei} thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {_eliaun} thx vad
[15:59] {dino} thx all
[16:00] {Threei} before you left:
[16:00] {Threei} CALM
[16:00] {Threei} DISCLOSES CLASS ACTION SUIT OVER EGG PRICES - FILING

Friday, October 17, 2008

Oct 17 2008

We finished two weeks of hitorically high volaitlity, VIX hitting unseen levels and trends changing faster than traders could recognize them. Out of last 10 trading sessions we had 9 positive, with quite a few room members reporting record profits - including stunning 72 points NQ on a single trade. I consider these weeks to be handled as well as it only possible.

Session Time: Fri Oct 17 00:00:00 2008

[07:50] {magoo} morning
[07:51] {hawkfan4} mornink
[08:01] {patience} morning
[08:11] {Threei} morning
[08:30] {Threei} SEPT HOUSING STARTS: 817K V 872KE; BUILDING PERMITS: 786K V 840KE
[08:58] {dino} gm all
[08:58] {Threei} dino :)
[09:00] {dino} :)
[09:07] {ese} good morning....
[09:07] {Threei} ese :)
[09:08] {ese} interesting finish to the day yesterday.....up +400
[09:08] {ese} on the dow
[09:08] {Threei} in terms of recent volatility - insignificant uptick
[09:08] {Threei} oh boy... look at the punding ESLR takes
[09:08] {Threei} pounding
[09:09] {dino} lol
[09:09] {dino} how about pudding
[09:09] {ese} noticed that....wheres it going to go?????
[09:09] {Threei} that too
[09:09] {ese} it's already there
[09:11] {ese} by my estimation on the down side it still has a share value of between 11 and 15
[09:11] {Threei} don't know ese... it's a toughie
[09:12] {Threei} solars is a sector where many factors involved
[09:12] {ese} indeed
[09:12] {Threei} with oil dropping, their prospects are questionable
[09:12] {Threei} considering that they can't survive so far without heavy tax subsidies
[09:13] {ese} thats true
[09:13] {Threei} the way I see it:
[09:13] {Threei} with oil at 150, they can't survive without such injections,
[09:13] {GeoArb} gm all
[09:14] {Threei} but injections are considered necesseary because of fear of even higher oil prices
[09:14] {Threei} Geo
[09:14] {Threei} now, with oil cut in half
[09:14] {ese} geo
[09:14] {Threei} what are the incentives to continue spending that much on solar?
[09:14] {Threei} sure, there is all this green talk
[09:14] {Threei} oil peak talk
[09:15] {Threei} but it all nice and well during prosperity time
[09:15] {Threei} not when belts are getting teghtened all over the place
[09:15] {ese} that may be just the point right there vad
[09:15] {Threei} I am not saying whole sector will necessary die
[09:15] {GeoArb} options expiratiopns today?
[09:16] {Threei} but certain filtering out will be done
[09:16] {Threei} even in totally viable industries it'sa normal process
[09:16] {ese} if you put in a solar heating system ...your approx 1year away from ever having to pay for heating costs ever again......thats the draw these days
[09:16] {Threei} survival of some and culling of others
[09:17] {Threei} 1 year?
[09:17] {ese} this last oil spike was a wakeup call......i think most anyone who purchases solar is looking at it that way
[09:18] {ese} yes 1 year....i find that link
[09:18] {Threei} you sure about 1 year? I seem to remember much longer
[09:18] {ese} the new technology that ESLR has come up with puts approx there
[09:19] {ese} i'll find that article was looking at it the other day
[09:19] {Threei} ty
[09:19] {Threei} one thing that is troubling from longer term investment in them is:
[09:19] {Threei} process of defining who survives aand who doesn't will involve consolidation
[09:20] {Threei} i.e., some of them will be absorbed by bigger ones,
[09:20] {Threei} and that will nail the price of buyout
[09:20] {Threei} So, if some one invests in a stock at, say, 10
[09:20] {Threei} it drops to, say, 3
[09:20] {Threei} and one thinks I'll hold
[09:20] {Threei} one faces a risk of it being taken over at, say 5
[09:21] {Threei} cash
[09:21] {Threei} End... will never recover his investment
[09:21] {dptl} good morning all
[09:21] {Threei} dp :)
[09:21] {cosmo} hey... 5 beats 3
[09:22] {Threei} true... but yeilds to 10
[09:22] {cosmo} that's history
[09:22] {Threei} so is your invested money :)
[09:22] {peterg} morning
[09:23] {Threei} peter :)
[09:23] {cosmo} yep
[09:23] {Onix} Good morning
[09:23] {Threei} onix :)
[09:24] {dino} es, cost recovery is not one year, and no way it could heat a house for free
[09:25] {GeoArb} i would say 5 atleast
[09:25] {peterg} NYT has Buffett article championing buy stock, good for long term!
[09:25] {Threei} which stock?
[09:25] {GeoArb} buffet stock
[09:25] {peterg} good stox
[09:25] {dino} yes, buffett taking credit for jesse livermore's quote....buy when blood
[09:25] {peterg} solid american assetts
[09:26] {peterg} Buy american-- I am
[09:26] {peterg} rah rah
[09:27] {peterg} restaurant opened where bank was; sign reads, put your mouth where your money was
[09:27] {Threei} lol
[09:28] {GeoArb} hehe
[09:28] {peterg} today both my mouth and my money say equities
[09:28] {peterg} says warren
[09:28] {peterg} quote from article
[09:29] {Threei} well... I doubt he wats for my endorsement or cares much about it... but still, I agree with him :)
[09:29] {peterg} back to your question, what stocks?
[09:29] {peterg} for hold
[09:29] {peterg} goog?
[09:29] {peterg} you like tech
[09:29] {peterg} for hold
[09:30] {Threei} overall, yes
[09:30] {Threei} to pick particular ones as investments - I think you cam do much better than ask me
[09:31] {peterg} tks
[09:32] {ese} heres the article Vad : 5th paragraph down...payback approx 12 months: http://biz.yahoo.com/bw/081014/20081014005341.html?.v=1
[09:33] {GeoArb} hmm if that is true there would be lin to do this
[09:33] {GeoArb} line
[09:33] {Threei} ty
[09:33] {cosmo} acgy
[09:33] {ese} could very well be....my wife and I are even thinking about it
[09:33] {cosmo} wants 5
[09:34] {GeoArb} wow slb
[09:34] {cosmo} acgy needs to hold 4.80
[09:35] {dino} another gap open, i guess at least it's above
[09:38] {Threei} watching how UAUA holds during this NQ pullback
[09:39] {ese} b stop GILD 43.01
[09:39] {Threei} ADBE holds very well
[09:39] {Threei} ADBE looks like half lot entry on NQ strength, aggresively
[09:40] {Threei} and UAUA 10 break
[09:41] {GeoArb} sheesh
[09:41] {Threei} if anyone got ADBE, half out here
[09:42] {Threei} UAUA half out here
[09:42] {dino} feels up
[09:42] {hawkfan4} thx adbe vad
[09:42] {Threei} hawk :)
[09:42] {Threei} what price did you get?
[09:42] {hawkfan4} .36
[09:42] {GeoArb} ty adbe uaua vad
[09:43] {Threei} welcome
[09:43] {cosmo} ACGY gonna test 5
[09:43] {hawkfan4} sold all at .61
[09:43] {cosmo} fwiw
[09:43] {Threei} I did a bull market thing on ADBE
[09:43] {Threei} half lot at .25 and added at breakout level, .40
[09:43] {GeoArb} uaua 2nd target vad?
[09:44] {Threei} 1/4 more here
[09:44] {dino} cedc sm l .05
[09:44] {Threei} and leave the rest to trade
[09:44] {Threei} with stop right under 10
[09:45] {Threei} sold half ADBE .56 earlier
[09:45] {Threei} 1/4 more .65 right now
[09:45] {Threei} offer UAUA last portion .45
[09:45] {Threei} and ADBE get out here
[09:45] {GeoArb} out
[09:45] {dino} cetv sm l .00
[09:45] {Threei} out everything
[09:46] {GeoArb} heh met daily TY lord vader
[09:46] {Threei} remember my promise that we will switch from scalps to holds for bigger runs?
[09:46] {hawkfan4} nice geo
[09:46] {GeoArb} low daily hawk
[09:46] {Threei} this time slowly approaches, these are early birds
[09:47] {GeoArb} in 1304 out 1312.25
[09:47] {hawkfan4} still...
[09:47] {GeoArb} one lot
[09:47] {GeoArb} ahh the romance
[09:47] {GeoArb} the herald of spring vad?
[09:47] {GeoArb} bullish spring
[09:47] {Threei} thaw
[09:48] {ese} well i'm back.....power flicker here and everything went out.......
[09:48] {GeoArb} hehehe ese you def should be in solar
[09:48] {GeoArb} flockr in neighbourhood or house?
[09:48] {dino} welcome back es
[09:48] {ese} am long GILD....looks like at .02
[09:49] {ese} missed the 20 something spike....
[09:49] {ese} out GILD .01.......even
[09:49] {ese} sheesh
[09:50] {ese} sorry thats -.01
[09:50] {hawkfan4} MA 152.50, stop .under 152 sm
[09:51] {Threei} reentry points
[09:51] {Threei} keep shares smaller
[09:52] {ese} maybe need solar power......apparently it still works during hurricanes.......when electricity goes out
[09:52] {Threei} ugh, UAUA got away
[09:52] {Threei} ADBE is still there though... watch NQ for ADBE entry
[09:53] {Threei} UAUA starts feeling like 11
[09:54] {ese} there goes GILD.....
[09:54] {dino} clf sm l .40
[09:55] {Threei} OCT PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 57.5 V 65E
[09:55] {Threei} 1 cent shy UAUA
[09:56] {Threei} for NQ players
[09:56] {Threei} 1315 break
[09:56] {hawkfan4} out ma 155.56, +3.06
[09:56] {GeoArb} thanks vad !!!
06[09:57] * GeoArb is overwhelmed with vad's kindness
[09:57] {dino} out cetv .72, +.72
[09:58] {hawkfan4} extremely tough crowd today dino
[09:58] {GeoArb} lol
[09:58] {Threei} today?
[09:58] {hawkfan4} LOL
[09:58] {GeoArb} problem is we are numb to enything less than a buck for dino
[09:58] {Threei} and dino is one who made us that way
[09:58] {dino} out clf +1.00 at .40
[09:59] {dino} indeed hawk, indeed
[09:59] {dino} great f'ing job tho bro
[09:59] {dino} see clf
[09:59] {hawkfan4} thank you. i call that a dino-special
[10:00] {Threei} ok guys, it IS bull market
[10:00] {Threei} bad numbers are taken in stride
[10:00] {Threei} litle pullback on those, and new highs in a few min utes
[10:00] {dino} allm is well in the world (of dino) again
[10:00] {Threei} pullbacks are being bought aggressively
[10:00] {dino} itri on radar
[10:01] {Threei} UAUA broke 11
[10:01] {magoo} ballzy call vad
[10:01] {magoo} [10:00] {Threei} ok guys, it IS bull market
[10:02] {GeoArb} world is powering up
[10:02] {GeoArb} AMGN
[10:02] {GeoArb} COV
[10:03] {Threei} UAUA is not done
[10:03] {dino} 9:42, dino said "feels up"
[10:03] {dino} we were -170 at that
[10:03] {Threei} get half lot at 11.10
[10:03] {Threei} wow... late
[10:03] {GeoArb} loving dino's 8ball
[10:03] {magoo} [09:42] {dino} feels up
[10:04] {dino} hey, careful ther
[10:04] {dino} there
[10:04] {Threei} rofl
[10:04] {Threei} look at UAUA
[10:04] {hawkfan4} feels up whom? ;)
[10:04] {GeoArb} dino feeling up 8 balls i guess
[10:04] {Threei} RJET too
[10:04] {Threei} JBLU lags
[10:05] {hawkfan4} lol
[10:05] {Threei} 5 resistance
[10:05] {dino} thats why diet scares me, gut feel working well
[10:05] {Threei} from both yesterday and today
[10:05] {Threei} let's see if it takes 5 and puts up the show
[10:05] {GeoArb} nothing coming up in my red scanner
[10:06] {Threei} we never go red again
[10:06] {Threei} ever
[10:07] {dino} out cedc .77 ave +.72
[10:08] {GeoArb} i gotta tell ya
[10:08] {GeoArb} feels patriotic to make money long
[10:09] {Threei} funny thing is, market has very bullish feel to it even though indexes are red
[10:09] {GeoArb} market internals looking green
[10:09] {dino} odd sense of humor
[10:09] {ese} i would agree with that........
[10:10] {Threei} lol dino
[10:10] {dino} going -200 soon
[10:10] {patience} i'm buying today...longer term holdings
[10:10] {Threei} that I admit freely
[10:10] {Threei} UAUA approaches high again even though NQ pulls pack
[10:10] {dino} as your name implies patience
[10:10] {dino} 80 to go
[10:10] {patience} :)
[10:10] {GeoArb} news on HON vad? orderly selling
[10:11] {dino} lowered 4th q
[10:11] {Threei} [HON] Honeywell International Inc CFO: Planning to experience recessionary conditions in 2009
[10:11] {Threei} - Sees slowing growth in emerging markets
[10:11] {GeoArb} TY
[10:11] {Threei} 07:00am [HON] Honeywell International Inc Reports Q3 $0.97 v $0.95e, R $9.28B v $9.59Be more.. 07:00am [HON] Honeywell International Inc Reports Q3 $0.97 v $0.95e, R $9.28B v $9.59Be
[10:11] {Threei} - Guides FY08 eps $3.76-3.80 v $3.80e ($3.75-3.85 prior guidance), R $37.2B v $37.86Be ($37.6-38.2B prior guidance)
[10:12] {Threei} UAUA broke
[10:14] {dino} 65 to go
[10:14] {dino} 45
[10:15] {Threei} OK, JBLU defined the range for pkay
[10:15] {Threei} 4.85 support, serving as stop/invalidating level
[10:18] {hawkfan4} took it .88, stop .84
[10:18] {GeoArb} uaua back from pullback
[10:20] {GeoArb} out .65 uaua
[10:20] {dino} fcx sm l .20, wide jumpy one
[10:22] {GeoArb} early uaua
[10:22] {Threei} I have 200 shares UAUA left from last entry at .38
[10:22] {Threei} putting them for sale at .95
[10:22] {GeoArb} nice vad
[10:22] {Threei} just in order to train myself for holding
[10:23] {Threei} hit
[10:23] {GeoArb} beautiful vad
[10:23] {Threei} gotta start changing habits
[10:23] {Threei} umm
[10:23] {Threei} let me rephrase
[10:23] {Threei} gotta train myself for different habits
[10:24] {Threei} not necessary change them fully yet
[10:25] {GeoArb} are you in jblu vad?
[10:25] {Threei} half
[10:25] {GeoArb} slow
[10:25] {Threei} will add half on 5 break
[10:25] {GeoArb} ahh scaling in
[10:25] {Threei} another way to pklay it is to take douible lot neasr support
[10:26] {Threei} with selling one under breakout level
[10:26] {GeoArb} am swithing to half lots
[10:27] {Threei} not sure why this one lags so much
[10:27] {GeoArb} want a happy weekend as crossed 2.5 daily
[10:27] {Threei} NWA does too
[10:28] {GeoArb} read all the stop articles yesterday.... nice
[10:29] {Threei} ty
[10:29] {dino} geo, :)
[10:29] {GeoArb} one of them described me to a T
06[10:30] * GeoArb hoping and praying guy
[10:30] {GeoArb} i like NQ also because the platform throws out hard stops... i guess i am wired like dino on that
[10:30] {dino} i understand
[10:31] {GeoArb} manual stops are my biggest weakness by far.... gotta work on it
[10:32] {Chaeron} Hi all Leave anything for me?
[10:32] {dino} same here geo
[10:32] {GeoArb} hey chaer
[10:33] {dino} and nyse rinse city o=n hard ones
[10:33] {GeoArb} yeah its amazing
[10:33] {magoo} chaer broil
[10:34] {Chaeron} hi Geo, Mags
[10:34] {dino} ahh, no we didn't chaer
[10:34] {Chaeron} shut the market down then dino
[10:34] {hawkfan4} stopped JBLU -.04
[10:35] {dino} fine w/me, good day
[10:36] {dino} 8825 must hold
[10:38] {Threei} chaeron :)
[10:39] {Chaeron} hi Threei.... see anything good?
[10:39] {Threei} blue sky
[10:39] {GeoArb} sigh
[10:39] {dino} hon sm l .00
[10:39] {Chaeron} nice
[10:42] {Threei} sideline for now guys
[10:42] {Threei} easy money has been made
[10:42] {tomg} ty NQ earlier vad
[10:42] {Threei} let's wait for the next defining moment
[10:42] {Threei} tom :)
[10:43] {magoo} feels like powering uop vad imo
[10:43] {GeoArb} yeah
[10:44] {magoo} aapl the tell guys
[10:44] {Threei} Long Setup: ADBE .65 half lot
[10:44] {GeoArb} BRE
[10:44] {Threei} if stays aboive .45
[10:45] {magoo} we are powering up
[10:46] {dino} fcx on your own anyone took
[10:46] {hawkfan4} AAPL 99.05, stop 98.50
[10:46] {dino} 1/4
[10:46] {hawkfan4} small
[10:46] {magoo} in aapl too
[10:46] {magoo} 98 .08
[10:46] {dino} stop to .24
[10:47] {GeoArb} nice magoo
[10:47] {Threei} Long Setup: NQ 1321
[10:47] {GeoArb} heheh vad
[10:47] {GeoArb} just put that in
[10:48] {GeoArb} quick scalp
[10:48] {dino} stop to .70
[10:48] {magoo} out .51 aapl
[10:48] {magoo} like it tho
[10:48] {dino} gj
[10:48] {magoo} but scalpin
[10:48] {hawkfan4} nice mags
[10:48] {GeoArb} in 21 out 23 3 lots
[10:49] {Threei} half out NQ
[10:49] {Threei} 27
[10:50] {dino} out fcx 35.00, +1.80
06[10:50] * GeoArb appreciated vad catering to popular demand
[10:50] {dino} out hon .70, +.70
[10:51] {Threei} half our ADBE .81
[10:51] {dino} hawk, c rowd sucks
[10:51] {dino} crowd
[10:51] {Threei} lol
[10:51] {GeoArb} nice dino !
[10:51] {hawkfan4} lol, nice dino :)
[10:51] {dino} :)
[10:51] {GeoArb} sheesh stuff too fast
[10:51] {tomg} ty nq again vad :)
[10:52] {GeoArb} went after NQ lost ADBE
[10:52] {tomg} out at 28
[10:52] {Threei} tom:)
[10:52] {GeoArb} loving it vad
[10:52] {dino} anybody having fun?
[10:52] {Threei} no dino... we are grim crowd
[10:52] {GeoArb} excellent friday
[10:52] {Threei} we hate fun
[10:52] {dino} lol
[10:52] {GeoArb} if i could i would clink beer bottles
[10:52] {Chaeron} under a BD? grim?
[10:53] {dino} geo, i owe you a beer, thx for hon heads up
[10:53] {GeoArb} :)
[10:53] {Threei} beer all around
[10:53] {ese} patience are you there......what are you thinking of getting into if I may ask
[10:54] {Threei} offer ADBE balance 28.05
[10:54] {patience} cnq (canadian natural resources), eca (encana), su (suncor), Pot, Agrium...commodities are still going to be needed
[10:54] {Threei} stop under .60
[10:55] {dino} patience, regarding pot, just say no to drugs
[10:55] {ese} thats for sure
[10:55] {dino} beer better
[10:55] {Threei} to show you the extent of my knowledge is fundamental research:
[10:55] {ese} the Kalium potash plant is 22 miles west of Regina......it supplies potash to just about the entire planet
[10:56] {Threei} POT to me is glorified manure company
[10:56] {patience} learnt this morning that mutual funds, not hedge funds, are doing the big selling after hours
[10:56] {patience} they wait for closing numbers for redemptions, then sell
[10:56] {hawkfan4} all i wanna do is drink beer for breakfast
[10:56] {GeoArb} hmmm
06[10:56] * GeoArb cant drink beer in winter
[10:57] {ese} i'm with ya geo....hmmmmmmmm
[10:57] {dino} did that last week hawk
[10:57] {dino} beer w/eggs
[10:57] {Threei} hawk... you may want to know old russian saying... "shot of vodka in the morning - freedom for the day"
[10:57] {GeoArb} hehehe
[10:57] {dino} geo, que?
[10:57] {dino} dark beers in winter
[10:57] {hawkfan4} then let freedom ring...:)
[10:57] {Threei} notice how loose and relaxed dptl is each day
[10:59] {ese} good one......
[10:59] {ese} but he's not here to take the slam....
[10:59] {GeoArb} i am a pilsner guy... switch to bailey in coffee/hot sake/mulled in winter. (am a wimp)
[10:59] {GeoArb} {-for dino
[10:59] {ese} oppssssss yes he is.......sorry dp missed your handle
[10:59] {dino} is dp here? lol'
[11:00] {Threei} let's see
06[11:00] * Threei slaps dptl around a bit with a large trout
[11:00] {Threei} come to papa ADBE
[11:00] {GeoArb} ok thats creepy
[11:01] {GeoArb} SRCL
[11:03] {GeoArb} nice srcl
[11:04] {Threei} ADBE profit is fairly nice here, but you remember the idea of this exercise in patience, right?
[11:04] {GeoArb} y
[11:04] {patience} patience does need exercise
[11:04] {Threei} :)
[11:04] {GeoArb} lol
06[11:05] * GeoArb trades from a spinning cycle
[11:05] {Threei} direct hit
[11:05] {dino} what, are you doing laundry?
[11:05] {Threei} +.40
[11:05] {GeoArb} lol dino
06[11:05] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[11:05] {dptl} :)
[11:05] {Threei} look who sobered up
[11:05] {dptl} lol
[11:05] {Threei} and actually came up with a good idea
06[11:06] * Threei slaps ThurstonHowellTheThird around a bit with a large trout
[11:06] {dino} jpm sm l .85 stop lod
[11:06] {Threei} NQ feel free to sell second half
[11:06] {Threei} +13
[11:06] {GeoArb} vad could ya mention stops if ya have time
[11:06] {Threei} sorry, will do
[11:07] {Threei} but heck
[11:07] {Threei} you know my setups
[11:07] {GeoArb} true
[11:07] {GeoArb} but new instru... some positive reinforcement
[11:07] {Threei} just paad them a bit more vs stocks when you deal with NQ
[11:07] {Threei} pad
[11:08] {GeoArb} wat to see your leeway and then will take it from there
[11:08] {GeoArb} want
[11:08] {Threei} too tight stops get gunned for on regular basis on e-minis
[11:11] {GeoArb} SAY dino
[11:12] {Threei} watch NQ for reversal back up for ADBE entry
[11:12] {hawkfan4} out AAPL +.80
[11:12] {GeoArb} nice hawk
[11:13] {dino} good report
[11:13] {dino} say
[11:13] {Threei} was so tempted to short UAUA earlier, decided to refrain... too bad
[11:13] {hawkfan4} thx
[11:13] {dino} fast drop dji
[11:15] {Threei} FTC HAS REPORTEDLY ISSUED ORDER FOR RMBS TO RECEIVE ADDITIONAL ROYALTIES ABOVE THE MAX RATES
[11:16] {GeoArb} adbe turning?
[11:16] {Threei} not very clear
[11:16] {Threei} market may need some rest
[11:16] {GeoArb} nq seems to be wanting down
[11:21] {Threei} looks like ADBE wants up no matter what
[11:22] {dino} jpm stopped -.38
[11:22] {ese} for sure...photoshop memories of loosing fortunes......thats big....capturing the heartbreak of it alll
[11:23] {ese} well positioned company
[11:23] {GeoArb} yeah
[11:23] {GeoArb} we probably use every product they make
[11:23] {GeoArb} very sleek
[11:24] {ese} picture it....CEO of Lehman.....not collecting 15million bonus....i'd like to see that captured on film/print
[11:24] {ese} the agony in his face would be indescribable
[11:25] {ese} only ADBE photoshop could handle it
[11:25] {GeoArb} lol
[11:25] {ese} of course the stock is going up.......just my opinion
[11:25] {GeoArb} the bailout gurantees GS ceo 70 mill
[11:25] {ese} really......
[11:25] {GeoArb} yup
[11:26] {ese} thats nuts!!!
[11:26] {GeoArb} http://bloomberg.com/apps/news?pid=20601109&sid=ajjeFgtmfWuA&refer=home
[11:27] {ese} I should try that as a teacher.....go into board office and tell them i want my severance package.....see what happens
[11:28] {ese} 70mil 15mil.....LOL!!!
[11:28] {Threei} dino
[11:28] {Threei} CBC just talked about Goerge Costanza effect
[11:30] {dino} lol
[11:31] {magoo} whats that vad?
06[11:31] * Threei slaps magoo around a bit with a large trout
[11:37] {dino} djifeels heavy
[11:45] {dino} .
[11:45] {GeoArb} ..
[11:45] {Threei} ...
[11:45] {GeoArb} drat i had promised myself i would take snapshots of all the setups i took as homework revision
[11:45] {Chaeron} . . . _ _ _ ...
[11:46] {hawkfan4} you still can geo, just scroll back on the charts, u have esig right?
[11:46] {GeoArb} not anymore
[11:46] {GeoArb} laser data
[11:46] {GeoArb} and IB data thats it
[11:46] {GeoArb} cutting costs
[11:47] {hawkfan4} ah, i c
[11:47] {GeoArb} got tired of paying esignal
[11:47] {GeoArb} they nickel and dime everything
[11:47] {Threei} why can't you take snapshots now?
[11:47] {GeoArb} i can
[11:48] {GeoArb} it was more a Q of doing it then when fresh lol
[11:48] {Threei} {--- lost... but what else is new
[11:54] {dino} confused
[11:55] {Chaeron} join the club
[11:55] {magoo} lost here
[11:55] {magoo} baffled
[11:55] {magoo} bedazzled
[11:55] {Chaeron} what else is new
[11:56] {Threei} what power Geo... singlehanddly put whole room in a state of total confusion
[11:56] {dino} lol
[11:56] {Threei} on second thoght... not much power needed to do that to us
[11:56] {dino} thinking about lunch
[11:56] {GeoArb} lol
[11:56] {GeoArb} EXP
[11:56] {GeoArb} ABV
[11:56] {Chaeron} GEo's new nick - "Captain Chaos"
[11:56] {Threei} lol
[11:56] {GeoArb} :)
[11:57] {dino} ahh, a little police on radio
[11:58] {Chaeron} scanner or Sting?
[11:58] {dino} sting
[11:58] {hawkfan4} es asc triangle, 947.50 break, 943.50 invalidates it
[11:59] {GeoArb} hey vad
[12:00] {GeoArb} could you pls change my nick to Geo
[12:00] {GeoArb} Arb seems wasted on these guys
[12:00] {GeoArb} i tried doing it and it gave me a registration error
[12:00] {ese} am outta here....have a great weekend all!
[12:00] {GeoArb} cya ese
[12:00] {Chaeron} bye ese!
[12:00] {hawkfan4} enjoy ese
[12:00] {ese} see ya geo
[12:00] {dino} cya es
[12:00] {ese} hawk
[12:01] {ese} CCChhh you too
[12:03] {dino} cetv sm l .60
[12:05] {Threei} Geo, dcc me your desired password, I'll change it
[12:08] {Geo} AHA !!!
[12:08] {Geo} sheesh chaer
[12:08] {Geo} vad almost changed me to captainchaos
[12:10] {Chaeron} awwwwwwwwww
[12:10] {Chaeron} I like it
[12:10] {Chaeron} do it Geo
[12:10] {Geo} nah am sentimental about geo
06[12:10] * Chaeron likes to start trouble
[12:10] {Geo} lol
[12:10] {Geo} btw what does chaeron mean?
[12:10] {Geo} ook power up
06[12:11] * Threei changes Chaeron to TroubleLover
[12:11] {Chaeron} hmmmm sounds too sexy... ug
[12:11] {Geo} lol
[12:11] {Geo} OClover
06[12:11] * Threei changes TroubleLover Non-Sexy TroubleLover
[12:12] {patience} girls like bad boys...hmmm TroubleLover is good
[12:12] {Geo} true dat
[12:12] {Threei} unless it's TroubledLover
[12:12] {Threei} we are so non-politically correct...
[12:14] {Chaeron} lol
[12:14] {Chaeron} patience... I'm blushing... but I am a bad boy
[12:15] {magoo} question is.................
06[12:15] * Geo thinks the room got awkward !!
[12:15] {magoo} is patience a "bad" girl:)
06[12:15] * Geo {-- PG level
[12:15] {Threei} don't tell me I have to edit it all out
[12:16] {magoo} mkt dead
[12:18] {Geo} GILD merry
[12:18] {Threei} ADBE is holding very well
[12:19] {Geo} ok thanks vad and all.... good day ....3X daily
[12:22] {patience} magoo and chaeron....time to start planning a trip to victoria
[12:23] {magoo} sheesh..u are a bad girl he he
[12:25] {Threei} take care Geo
[12:28] {Chaeron} he needs to up daily goals :)
[12:28] {Threei} so he brags less? :)
[12:28] {Chaeron} not saying that in a bad way... he does have a very respectable one, just time to grow...
[12:29] {Chaeron} naaa
06[12:29] * Threei establishes his daily goal at $1 so he can claim 1000s %
[12:29] {Chaeron} expectations... ask life for a penny...
[12:29] {Chaeron} heheh
[12:30] {dino} i leave for 10 min. conversation goes to bad girls/guys
[12:30] {patience} wasn't me
[12:30] {Chaeron} me either
[12:31] {dino} ot; vad too bad the free 3 days wasn't these past 3, would've blown them away
[12:32] {Threei} no kidding
[12:33] {Threei} what can I do... some changes on hosting server changed the way mass e-mail cooperates with server... and nobody is able to pin it down so far
[12:33] {dino} at my highest week in months
[12:33] {Threei} well... when free days are here, you guys will have to hype our job over last two weeks
[12:33] {Threei} lol
[12:34] {Threei} seriously though... out of last 10 days (2 weeks), 9 winning ones
[12:34] {Threei} and those were the historically difficult weeks
[12:34] {Threei} volatility unseen before
[12:34] {dino} ya think?
[12:34] {Threei} green day red day
[12:34] {dino} lol
[12:35] {Threei} well... difficult not for us obviously :)
[12:35] {Threei} but I see cries everywhere
[12:39] {magoo} still vad ..all in all..250 expensive here {as magoo runs for cover he he}
06[12:40] * dino slaps magoo around a bit with a large trout
06[12:40] * Threei moves swiftly on upping room price to 500 and correcting magoo's charge to 750
[12:40] {magoo} obh no..that backfired
[12:41] {magoo} aapl l here
06[12:41] * Threei establishes practice of upping magoo's price by $50 every time he mentions room pricing
[12:42] {magoo} i better get to work
[12:42] {magoo} goog wants 400 today
06[12:42] * Threei considers upping magoo's price in $20 increments every time magoo says anything
[12:43] {Threei} that's what we benevolent dictators do, right?
[12:43] {magoo} roflol
[12:43] {dino} more fun to just throw stuff at him
[12:43] {Threei} true
[12:43] {Threei} I envy you dino
[12:44] {dino} not
[12:44] {magoo} 99.17 aapl
[12:44] {magoo} small
[12:44] {magoo} 200 bux stop
[12:44] {dino} he makes me drink too many nights a week
[12:45] {magoo} in training for when i visit vad
[12:46] {Threei} lol
[12:46] {Threei} better get dptl for that... I am losing my former ability to drink any amounts with no visible consequences
[12:46] {magoo} u used to drink 5th a day of vodka right
[12:47] {Threei} 5th?
[12:48] {magoo} if mkt resumes upward..looking for aapl to go green
[12:48] {magoo} but small
[12:48] {Threei} and ADBE to tag 29
[12:48] {Threei} well, I was never a regular drinker in a sense of daily consumption
[12:49] {magoo} oh i know...post reads wrong
[12:49] {Threei} but when occassion was there, there was practically no limit to how much could be, as Fed says, injected
[12:49] {magoo} as in u could handle that quantity but not everyday
[12:50] {dino} cedc sm l .58
[12:50] {Threei} wehat's 5th?
[12:50] {dptl} i am offering drinking classes
[12:50] {magoo} size of bottle
[12:50] {Threei} I can offer theory
[12:51] {Threei} dp will provide practical demonstration
[12:51] {dptl} we'll make a good team Vad :)
[12:51] {Threei} no doubt
[12:51] {Threei} took half lot ADBE
[12:51] {Threei} .39 stop
[12:51] {Threei} .95 target
[12:51] {magoo} ill demonstrate how to fall down
[12:52] {dptl} lol
[12:52] {magoo} ask dino..i had a feww good falls
[12:52] {dino} oh yeah
[12:55] {Threei} do it faster ADBE... temptation is too big
[12:55] {Threei} 10 cents more please
[12:55] {Threei} 6
[12:55] {Threei} 5
[12:55] {Threei} 2
[12:56] {Threei} 200 out, 300 left
[12:56] {dino} 9310 gap here we come
[12:56] {Threei} ugh
[12:56] {patience} oil and gold going up, tsx up +409
[12:59] {magoo} man aapl was bangin on 100 and got smacked down
[13:00] {Threei} out the rest ADBE
[13:00] {Threei} I have to say... training to hold goes successfully
[13:00] {Threei} but not easy by any means
[13:01] {dino} jpm is like a dino rinse machine
[13:01] {dino} thing takes me out and runs a buck 2 days in row
[13:03] {magoo} if anyone took aapl..i got u to 100 twice..i inbut u on own
[13:04] {magoo} needs mkt..butcould go green
[13:04] {hawkfan4} lol, did same thing as yesterday, put a stop under es, went to bank, and out +21.50
[13:05] {Chaeron} keep making those deposits hawk
[13:05] {hawkfan4} seriously, um...i'll be right back ;)
[13:06] {Threei} lol
[13:16] {Chaeron} I'm going to buy hawk a bigger armoured truck for his bank runs
[13:17] {dino} i'm just going to stake out his house
[13:17] {Chaeron} lol
[13:17] {hawkfan4} lol
[13:19] {Threei} AIG
[13:19] {Threei} COMPANY MAY ACCESS FED RESERVE COMMERCIAL PAPER FOR LESS THAN $10B IN CASH - UNCONFIRMED
[13:20] {dino} i may do the same
[13:21] {Threei} OPEC MEMBERS POTENTIALLY SEEKING AN OUTPUT CUT BY 1-1.5M BPD AT NEWLY SCHEDULED OCT 24 MEETING - UNCONFIRMED REPORT
[13:21] {dino} heard ben berneke(?) signed up for free trial 3i
[13:22] {Threei} I refused
[13:22] {magoo} ROFLOL
[13:22] {dino} lol
[13:22] {magoo} elmer too
[13:22] {dino} greenspan and buffet refused, claim market timing is impossible
[13:23] {dino} plus daytraders and speculatoers ruin everything, not the bankers
[13:24] {Threei} right
[13:24] {magoo} oput aapl here .51
[13:24] {dino} hod dji
[13:24] {dino} ndx
[13:24] {magoo} +1 .31
[13:24] {dino} gj magoo
[13:28] {dino} cetv stop to .28
[13:28] {dino} out slipped .24,.30.31, so ave.28, +68
[13:30] {dino} .68
[13:38] {Threei} UAUA...
[13:38] {Threei} .50 break
[13:38] {Threei} scary as hell
[13:39] {Chaeron} damn
[13:43] {dino} out cedc .92 slipped from .99
[13:43] {dino} +.34
[13:51] {Geo} VAD uaua REENTRY STILL VALID?
[13:51] {Geo} oops
[13:52] {Threei} not sure
[13:53] {Threei} OK
[13:53] {Threei} it was
[13:53] {Geo} lol
[13:57] {hawkfan4} interesting LEH report: http://www.youtube.com/watch?v=txDWRR5WRFQ&feature=related
[13:58] {Threei} be back in 20
06[14:02] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[14:03] {dptl} wake up....
[14:03] {Geo} nice call UAUA vad (whenever he is back)
[14:16] {dptl} .
[14:21] {Threei} I am back
[14:21] {Threei} what call?
[14:21] {dino} hard fall
[14:21] {Threei} I made a call?
[14:38] {magoo} make 1 now
[14:38] {magoo} did we roll over last friday into bell
[14:40] {Threei} don't remember
[14:48] {dino} cat drop
[14:54] {hawkfan4} cow tip
[14:57] {dino} lol
06[15:00] * Threei thought long and hgard of worthy addition, shrugged, gave up and fell asleep
[15:00] {hawkfan4} lol
[15:12] {Onix} I am in for lunch, so what's happening?
[15:12] {dino} cat beat up today
[15:12] {Threei} lol... Geo forgot his new password:
[15:12] {Threei} [14:29] -RealityTrader.chat.server- *** Notice -- Received KILL message for Geo.
[15:12] {dino} aapl too
06[15:13] * Threei slaps laserdave1 around a bit with a large trout
06[15:13] * magoo slaps laserdave1 around a bit with a large trout
[15:14] {Onix} market doing it's best to remain green
[15:15] {dino} or, market doing its' bet to go red
[15:15] {dino} :)
[15:15] {Onix} lol
[15:15] {magoo} freakin geo locks himself out of room
[15:16] {dino} i'd slap him, but he can't get in
[15:16] {magoo} why not slap vad then
06[15:17] * Geo slaps dino around a bit with a large trout
06[15:17] * Geo slaps magoo around a bit with a large trout
06[15:17] * dino slaps Geo around a bit with a large trout
[15:17] {magoo} ROFLOL
[15:17] {Geo} heheh
[15:17] {Geo} i did forget
[15:17] {Geo} thats just sad
[15:17] {dino} so this bartender says to me last night, "would you like another beer." i replied, "now why wouldn't i?"
[15:18] {Threei} your mirc isn't set up on autoconnection?
[15:18] {Geo} it is now
[15:18] {Geo} i reinstalled with new password
[15:18] {Threei} wow
[15:18] {Threei} why reinstall
[15:18] {Geo} I am in IT
[15:18] {Threei} just type /login
[15:18] {Geo} when in doubt reinstall or reboot
[15:18] {Threei} or ask me
[15:19] {Geo} if i am locked out
[15:19] {Threei} you IT types
[15:19] {Geo} how will I ask vad?
[15:19] {dino} politely
[15:19] {Threei} when car engine won't start, you will get out of the car, open and cose door, traunk and hood
[15:19] {Geo} lol
[15:19] {Threei} then try to start it again
[15:19] {Geo} funny you mention that
[15:20] {laserdave1} magoo dcc please
[15:20] {Geo} vad dcc pls if have time
[15:20] {dino} cat sm l .00
[15:20] {Threei} I do have time
[15:20] {Threei} what I don't have is...
[15:22] {Onix} how the mighty is falling!
[15:30] {Onix} UAUA is unelievable ... why so strong?
[15:31] {Threei} who knows
[15:32] {Threei} oil drops, market recovers
[15:32] {Threei} airlines start looking better
[15:33] {Onix} and it is ong way better than jblu & the other airlines
[15:33] {Onix} long way i mean
[15:40] {dino} wild ride into the close, 150 pts in minutes back and forth
[15:41] {dino} and backand forth,,,,,,,,,,,,,
[15:41] {Onix} i'm getting dizzy here!
[15:44] {dino} wants green dji, imo
[15:44] {dino} going for 100 up
[15:45] {dino} darn only 34
[15:53] {dptl} have a great weekend all :)
[15:54] {hawkfan4} u2 dp
[15:55] {dino} u2 dp
[15:59] {dino} cat stopped, i'm done
[15:59] {Onix} have a great weekend everyone, thanks & bye
[15:59] {dino} thanks all, good week
[15:59] {Threei} thank you all
[15:59] {dino} cya onix
[15:59] {Threei} have a great weekend
[15:59] {peterg} bye all
[15:59] {Geo} thanks guys
[15:59] {hawkfan4} have a great one all, thx :)
[15:59] {Threei} 9 winning days out of 9
[15:59] {Threei} me happy
[15:59] {Threei} see you all on Monday
[16:00] {magoo} ty boss
[16:00] {dino} bad finish for markets
[16:01] {patience} i have been watching jpmorgan today....ending not great
[16:01] {dino} not at all
[16:01] {dino} bac, c too cof strong tho
[16:02] {patience} somebody bought cof this morning...yeesh
[16:03] {dino} good report, but don't buy the open
[16:03] {patience} not good that bac, c and jpm dropped
[16:03] {dino} just looked at records, best week since1/11/08