Low volume, boring and listless. Profitabe but nothing earth-shuttering. Just scalping here and there.Not much to report beyond that.
Session Time: Mon Nov 10 00:00:00 2008
[08:14] {Threei} Good morning
[08:14] {patience} it is still dark outside vad, good morning
[08:14] {Threei} it is...
[08:15] {Threei} but China bailout might help
[08:15] {patience} no kidding, dusting off my china stock plays
[08:15] {Threei} wstching CAEI as possible beneficiary
[08:19] {magoo} morn
[08:19] {Threei} magoo :)
[08:20] {Threei} stem cells are moving
[08:20] {Threei} solars too
[08:20] {magoo} how about premkt gm?
[08:21] {magoo} arrrrrrr...not avail short anymore
[08:21] {magoo} was friday
[08:22] {magoo} why USO up vad?
[08:24] {Threei} Chinese huge infrastructure investment lweighs on USD, lifiting commodities priced in USD
[08:25] {magoo} ok ty
[08:25] {magoo} any news GOOG?
[08:27] {Threei} not really
[08:29] {KSystems} hey :)
[08:29] {Threei} hey KS, good to see you
[08:30] {KSystems} well good to see YOU vad
[08:30] {KSystems} how're things going?
[08:31] {Threei} you mean aside of global financial crisis, planet being destroyed by pesaky habitants etc? Very good! :)
[08:31] {Threei} *(CA) SEPT NEW HOUSING PRICE INDEX M/M: 0.1% V -0.1%E
[08:31] {Threei} (CA) OCT HOUSING STARTS: 211.8K V 200.0KE
[08:31] {Threei} - Prior revised from 217.6K to 218.6K
[08:31] {Threei} see?
[08:32] {KSystems} :)
[08:41] {Threei} FED OFFICIALS: CONFIDENT THAT AIG WILL REPAT ITS DEBTS TO THE US GOV'T
[08:43] {hawkfan4} good morning
[08:43] {Threei} hawk :)
[08:43] {Threei} tried Google's browser over weekend
[08:44] {Threei} probably that's why its up, magoo
[08:47] {hawkfan4} The financial crisis in a nutshell : http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true
[08:49] {_maga} good morning everybody
[08:56] {Threei} maga :)
[09:01] {lisa_jay} Good morning
[09:01] {Threei} lisa :)
[09:02] {Threei} FED OFFICIALS: CONFIDENT THAT AIG WILL REPAY ITS DEBTS TO THE US GOVT
[09:02] {Threei} - Using treasury operations now to aide AIG with tools that were not availabe in Sept
[09:02] {Threei} - Notes that $50B in support largest amount ever provided to single firm by US gov't
[09:02] {Threei} - New facilities take RMB's and CDO's off AIG balance sheets
[09:02] {Threei} - Working on lobbying restrictions for AIG as part of loan restrictions
[09:04] {Threei} CAEI is climbing
[09:08] {Geo} gm vad
[09:08] {Threei} Geo ;)
[09:08] {Geo} any thoughts on trading EEV? :)
[09:08] {Threei} yup
[09:08] {Threei} don't trade it
[09:08] {Geo} hehehe ok
[09:09] {Threei} this is what, emerging markets short ETF?
[09:09] {Geo} ultra yes
[09:10] {Threei} what's with these exotic vehicles... trading them requires reading of the whole world
[09:10] {Onix} good morning all
[09:10] {Threei} Onix :)
[09:10] {Threei} no single soul on the planet has slightest idea where all this is going
[09:11] {Geo} long day today..... my pc isnt booting ......on laptop now.....
[09:11] {Threei} want to be that one genius that nails it?
[09:11] {Threei} I'll wait for you on the shore :)
[09:12] {Geo} whats the laser port again vad?
[09:12] {magoo} 15905
[09:12] {Threei} 15905
[09:12] {Geo} TY
[09:12] {dino} gm all
[09:13] {Threei} dino :)
[09:13] {_maga} Vad , do tape reading principle are applicable to futures?
[09:13] {Threei} as a main idea, sure
[09:13] {Threei} particularities are different somewhat
[09:13] {_maga} ok tx
[09:13] {Threei} more shakeouts, more stop gunning
[09:14] {_maga} more difficult...
[09:14] {Threei} in a way
[09:14] {Threei} I'd put it this way:
[09:14] {Threei} trading futs requires style adjustments somewhat difdferent from stocks
[09:15] {Threei} also, as with any single tool,
[09:15] {Threei} there is a problem of what to do when it trades in a way that doesn't match your system, your approach, yolur method of reading
[09:16] {Threei} you are likely to find a stock that trades on its own merits when market overall is not what your read handles well
[09:16] {Threei} but if you are confined to a single tool, you have no such luxury
[09:17] {_maga} I understand what you mean... you have a single ( or few) chart to work with
[09:17] {_maga} if doesn't fit your way... you haev to wait for the day after..
[09:17] {_maga} at least
[09:17] {Threei} I prefer stocks, with some general market trading sprinkled on top as complementary tool
[09:18] {Threei} in a form of futures, or Qs or QID
[09:18] {ese} good morning...
[09:18] {Threei} ese :)
[09:18] {ese} hey Vad
[09:18] {Onix} hi ese
[09:20] {Threei} be back in 5
[09:25] {Threei} btw, replay is working again, right?
[09:25] {magoo} yup
[09:25] {Threei} k
[09:25] {ese} aaaahhhhhhh....have you ever noticed that coffee tates better in the morning
[09:25] {Threei} lol
[09:25] {ese} thats tastes...
[09:25] {Threei} on watch: CAEI, AIG, GERN, SOLF
[09:25] {Threei} and usual suspects
[09:28] {Threei} GM is going down in flames
[09:29] {cosmo} they needs wings
[09:33] {ese} STEM.....possible long 2.21
[09:34] {ese} invalidted
[09:41] {Threei} Long Setup: FITB .75 if stays above .65
[09:43] {Threei} Long Setup: LVS 7.13 if stays above 7
[09:44] {Threei} FITB over 1:1
[09:45] {Threei} 1:2
[09:46] {Threei} LVS stopped
[09:46] {Onix} ty Vad, i got $45 in FITB
[09:48] {Threei} GS under 10/10 low
[09:54] {Threei} what was that weird spike SSRI
[09:55] {ese} is anyone elses charts not updating properly
06[09:55] * laserdave1 slaps Threei around a bit with a large trout
[09:55] {ese} thats what i mean Vad...charts jumping weird like that....not just SSRI
[09:56] {ese} again MVSN
[09:57] {ese} anyone else having these problems
[09:58] {Threei} don't see anything on anywhere else but SSRI
[09:58] {ese} gotta be something with my data feed then
[10:02] {ese} OK level 2now gone...or very slow
[10:06] {dino} gap fill possibly in making
[10:06] {dino} dji
[10:10] {Threei} Long Setup: UAUA .91 if stays above .80
[10:13] {dino} gs ouch
[10:15] {dino} sm l qld .00
[10:15] {Threei} US TSY KASHKARI: NEAR PLAN TO ALLOW CAPITAL INJECTIONS FOR PRIVATE BANKS
[10:18] {Threei} for such an eventful weekend, market is amazingly quiet
[10:19] {Threei} - US Treasury stands ready to prevenbt systemic failures
[10:19] {Threei} - Sees improvemnts in markets after actions taken by TSY, FED and FDIC
[10:19] {Threei} - Will take months to fund capital purchase transactions
[10:20] {dino} qld stop is lod fwiw
[10:20] {ese} Long STEM 2.09
[10:24] {Threei} UAUA is invalidated btw
[10:24] {Geo} hehe
[10:24] {dino} kbr l .52 stop lod
[10:26] {dino} ctrn bl;ood
[10:29] {ese} out STEM couple of lots....2.21
[10:30] {Threei} wtg
[10:31] {ese} tks...
[10:32] {ese} a quick couple of hundred is good for me today....have an early day....see you all tomorow...
[10:32] {Threei} take care ese
[10:32] {ese} see ya vad
[10:32] {dino} kbr stopped flat, mkt dropping
[10:34] {Threei} market resolved the dilemma of which way to go
[10:34] {Threei} it decided to stay in place
[10:37] {Threei} Short Setup: DIOD 7.04 if big bid is getting hit and if stays under 7.15
[10:41] {dino} fwiw my scanner is all red
[10:41] {Threei} STEM 52 week high
[10:41] {Threei} not something you see often these days
[10:42] {Threei} GERN wakes up too
[10:43] {hawkfan4} AAPL sm 99.45, stop under 99.20
[10:47] {hawkfan4} stopped -.22
[10:48] {hawkfan4} -.27
[10:49] {dino} qld stopped -.36
[10:52] {dino} watching pru, deck, met
[10:53] {dino} cme tagged
[10:56] {Threei} hardcore scalpers can keep DIOD stop above .10
[10:58] {Threei} starts feeling like dump in the making eh?
[11:00] {Threei} watch QID for entry
[11:01] {Threei} closest support with entry around 69 would be around 68.70
[11:01] {Threei} adjust size accordingly
[11:02] {Threei} feels like we are about to get a sizeable flush
[11:02] {Threei} taking QID above 70
[11:04] {dino} feeling same here
[11:05] {lisa_jay} r u in qid vad?
[11:05] {Threei} took 69
[11:11] {Threei} ECB'S ORDONEZ: REQUESTS CAUTION IN ESTABLISHMENT OF STIMULUS PACKAGES
[11:11] {Threei} party pooper... world is stimulus-happy
[11:11] {Threei} it's stimuluses all around
[11:12] {Threei} stop to under .90 QID
[11:14] {Threei} GMAC NOTES THERE IS SUBSTANTIAL DOUBT REGARDING RESCAP'S ABILITY TO SURVIVE AS A GOING CONCERN
[11:18] {dino} gj qid
[11:18] {Threei} ty
[11:18] {Threei} half out QID .70
[11:19] {Threei} WHITE HOUSE: WILL REPORTEDLY CONSIDER ANY PROPOSALS PUT FORTH BY CONGRESS CONSIDERING AUTOMAKERS
[11:20] {Threei} smacks of such desperation
[11:21] {Threei} (US) SPOKESMAN FOR PRESIDENT ELECT OBAMA: THERE WILL BE NO FURTHER CABINET APPOINTMENT ANNOUCED THIS WEEK
[11:21] {_maga} an option is that when the Europe's markets working day is finished US will stops the retracement... it occurred often in the last period
[11:23] {dino} there is of course another option
[11:23] {_maga} sure... which one
[11:23] {dino} as mr t would say...."pain"
[11:24] {Threei} lol
[11:24] {dino} couldn't resist maga
[11:24] {Geo} oh mannn
[11:24] {_maga} no prob.... but I can't understand...
[11:25] {dino} just bustin' thats all, gut says up
[11:27] {Threei} QID balance stop is just under 69
[11:27] {Threei} anyone took it btw?
[11:27] {dino} hl l met .15, stop .89
[11:27] {Onix} too crazy for me, sorry
[11:28] {dino} kbr l .48, stop lod
[11:30] {dino} why did you give back somuch vad?
[11:31] {dino} alrighty then
[11:31] {Threei} just different idea of the play
[11:31] {Threei} no trailing for second half, except to b/e
[11:32] {Threei} with attempt to hold it for big size move
[11:32] {dino} i would've trailed tightly once i had .50 on it, and tighter as it went
[11:32] {dino} different ideas
[11:32] {dino} good call in any case
[11:32] {Threei} that's what I usually do
[11:35] {dino} sm l pru .90, stop .47
[11:36] {dino} hmm fast drop
[11:37] {_maga} look at UAUA
[11:37] {Threei} I don't want to
[11:38] {Threei} I know I am going to hate what I see
[11:38] {lisa_jay} lol
[11:38] {Threei} yeah... I was right
[11:38] {_maga} that's better
[11:38] {Threei} why did I look
[11:38] {_maga} solf
[11:39] {_maga} sorry I type the "chat" instead of the "chart"
[11:39] {Threei} if market tunrs around, SOLF is half lot long on 7 break
[11:40] {Threei} but only if we see market strength, higher highs and lows
[11:40] {Threei} this slow churn is not an environment for this type of plays
[11:41] {Threei} btw, ayone played DIOD?
[11:41] {Threei} worked for 1:1 for scalpers
[11:41] {Threei} still in the money
[11:41] {Onix} missed it
[11:44] {lisa_jay} Me too...missed all plays today. Had platform problems carry over from Fri...up and running right now.
[11:45] {dino} missed most of morning here, r.e. issues
[11:45] {Geo} same here...... hardware issues.
[11:45] {_maga} GERN ... couldn't be a candidate too?
[11:47] {Threei} if stem cells sector gets more attention
[11:47] {_maga} tx
[11:47] {Threei} QID over 70
[11:47] {dino} met stopped
[11:47] {Threei} why did I trail that stop at all, lol
[11:48] {dino} kbr stopped
[11:48] {dino} hmmm
[11:49] {dino} you trailing tighter now?
[11:49] {Threei} stopped on that balance and never reentered'
[11:49] {dino} ok
[11:49] {Threei} call me an idiot
[11:52] {dino} i'll owe it to you
[11:52] {dino} dji gap filled
[11:56] {dino} 'pru stopped lots of stops so far
[11:59] {Threei} QID 71 break long
[11:59] {Threei} if stays above .75
[12:03] {dino} dow l .98
[12:08] {Threei} Long Setup: QQQQ
[12:08] {Threei} .01
[12:08] {Threei} stop under 30.90
[12:12] {Threei} 1:1
[12:12] {Geo} out half .11
[12:12] {Threei} take scalp or half out, stop to .99
[12:13] {Threei} what's with LVS
[12:14] {dino} dk
[12:15] {dino} earnings call at 4
[12:17] {Threei} wow
[12:18] {Geo} 1/4 out at 1.5.. .16
[12:24] {Geo} out 1/4 .99
[12:24] {Geo} TY vad
[12:24] {Threei} welcome
[12:33] {KSystems} ZB s 117.15
[12:33] {KSystems} stop 117.21
[12:37] {Threei} C nears 11.30 low from last week
[12:37] {Threei} and 52 weeks
[12:37] {Threei} worth a try short if stays below .40
[12:41] {lisa_jay} trigger is under .30 vad?
[12:41] {Threei} .30
[12:41] {lisa_jay} thanks
[12:47] {Threei} Long Setup: LVS .70 break half lot
[12:48] {Threei} stop under .60
[12:50] {Threei} no worky
[12:50] {lisa_jay} Stopped.
[12:50] {KSystems} but C is
[12:53] {Onix} ss C @ .32
[12:58] {Threei} dino was right
[12:58] {Threei} the onl;y thing is store for today is pain
[12:58] {Threei} is = in
[12:58] {Threei} and more pain
[12:59] {Threei} sprinkled with some boredom on top
[12:59] {Onix} so true!
[13:01] {Onix} must be one of the lowest volume days in a long while
[13:01] {Threei} I'd think you can trail C to .36
[13:02] {Threei} very low so far, yes
[13:12] {lisa_jay} uaua vad?
[13:12] {Threei} I don't understand it today
[13:12] {lisa_jay} Ok, thanks.
[13:12] {Threei} it looks more like long candidate
[13:13] {Threei} but hard to imagine it going up against the market
[13:19] {Onix} stopped C
[13:20] {Threei} you haven't covered any around 1:1?
[13:20] {lisa_jay} Stopped C -4c
[13:20] {Onix} i had it on 11.22 and it turned up on 11.23
[13:20] {Threei} with your entry it was 1:1
[13:21] {Onix} too greedy?
[13:21] {Threei} with the way market trades today...
[13:21] {Threei} I'd say anything beyond 3 cents consitutes too greedy :)
[13:21] {lisa_jay} Today yes.
[13:22] {Onix} :)
[13:22] {Onix} on 200 to 400 shares, 3c is not really worth it
[13:23] {Threei} well, 3 cents is exaggeration
[13:23] {Chaeron} 2 cents? :)
[13:23] {Threei} lol
[13:23] {Chaeron} hi all... been busy.. wasn't trying to be rude
[13:23] {Threei} you don't have to try
[13:24] {Threei} to some it comes naturally
[13:24] {Onix} lol
[13:24] {Chaeron} sigh... it's a gift...
[13:24] {Threei} I know
[13:24] {Threei} I am very gifted
[13:24] {Chaeron} you were blessed abundantly yourself with it too
[13:24] {Chaeron} lol
[13:24] {Threei} exactly... that's how I know yoy when you see you
[13:24] {Threei} umm
[13:25] {Threei} let me try again
[13:25] {Chaeron} yeah... ok
[13:25] {Threei} that's how I know you when I see you
[13:25] {Threei} there
[13:25] {Threei} see?
[13:25] {Threei} just two attempts
[13:25] {Chaeron} :)
[13:25] {Threei} peter will be proud of me
[13:25] {Threei} used to take me 5 tries
[13:34] {Threei} how (*%#)&@# the market should be if the only stock looking good is STEM??
[13:35] {Threei} chaeron... you want to add to my rudeness?
[13:35] {Threei} or you are so rude you'll leave me alone?
[13:36] {Onix} unfortunately, i can't scream too loud over here
[13:36] {Threei} as old russian joke went... use the phone? :)
[13:37] {magoo} they have phones in russia}?
[13:38] {Threei} and TVs
[13:38] {Threei} some even color
[13:38] {magoo} black and white right
[13:42] {Threei} market keeps me way too careful today, sometimes to the disadvantage
[13:42] {Threei} was very tempted to call STEM long around .20
[13:47] {KSystems} i cant believe I'm still in that ZB short
[13:48] {KSystems} *sigh* my machine cant brew coffee in such volumes that I need to stay awake
[13:49] {lisa_jay} What is a ZB?
[13:49] {KSystems} it's the 30years T-Bonds future
[13:49] {lisa_jay} Oh, ok...went right over my head..but thanks.
[13:50] {lisa_jay} I understand the coffee issue though :-)
[13:50] {KSystems} and it's the more important part as well! =)
[13:50] {Threei} lol
[13:53] {Threei} get a feeling we are about to see some relief rally?
[13:54] {Threei} well, rally may be too strong word
[13:54] {Threei} but some creep-up
[13:54] {Onix} creepy-crawly
[13:54] {Threei} Long Setup: DELL .81 if stays above .70
[13:55] {Threei} Long Setup: ADBE as close to 25 as you can get, stop under 24.90
[13:56] {Threei} relief or releif?
[13:56] {Threei} wgere is peter
[13:56] {magoo} relief
[13:56] {Threei} he beat us up for wierd
[13:57] {Threei} so now I can't even type field without looking over my shoulder
[13:58] {dawg} in DELL long .81
[13:58] {magoo} yeah..i know..been rea;l careeful here wiyth spelling
[13:58] {Threei} ADBE got away
[13:58] {dawg} yes it did
[13:58] {Threei} I can see that mags
[13:59] {Onix} in DELL @ .79
[14:09] {dino} ok what did i miss
[14:09] {Onix} took profits too soon this time in DELL: 8c + 10c
[14:09] {Onix} kept 100 shares going
[14:10] {dawg} out 1/2 Dell 1:1
[14:10] {dino} gj
[14:10] {dawg} hello dino tough day
[14:12] {dino} sidetracked for most part
[14:12] {dawg} .)
[14:13] {lisa_jay} Thanks Vad, got 9 and 7c in Dell
[14:13] {Threei} welcome
[14:13] {Onix} thanks Vad, all out DELL
[14:13] {Threei} :)
[14:14] {dawg} in DELL Vad?
[14:14] {Threei} took scalp
[14:15] {dawg} any price target for my last 1/2?
[14:15] {Threei} honestly, no idea
[14:15] {dawg} i'm out then
[14:15] {Threei} I am content with scalps at this point
[14:15] {Geo} all out .92
[14:16] {dawg} .93 OK thanks Vad
[14:16] {Geo} what a sad listless day
[14:16] {Onix} yes we are all crying
[14:16] {Geo} still neg for day
[14:16] {Onix} very sad
[14:16] {Threei} yeah, it's like market was firmly intending to drop big today,
[14:16] {Threei} then this chinese bailout gave it pause,
[14:17] {Geo} y
[14:17] {Threei} not enough to prop it up muc just barely enough to keep it from flush
[14:17] {Threei} so it's still thinking
[14:17] {Threei} but initial burning desire to drop slowly takes over, lol
[14:18] {Onix} took holiday today in the hope of something good happening in the market ... no luck so far
[14:19] {dawg} short DELL .87
[14:21] {dawg} out .81
[14:22] {dawg} 6 cent scalp
[14:22] {Threei} Scalpers R Us
[14:22] {dawg} Yes they are!
[14:24] {dawg} Or yes we are
[14:34] {dawg} short C .25
[14:40] {dawg} stopped C -5 cents
[14:48] {dino} dow stopped -.30]
[14:50] {lisa_jay} Vad, was that a reverse C& handle on QQQQ (with .63 as break), thanks.
[14:51] {Threei} yup
[14:57] {Threei} (RU) RUSSIAN PM PUTIN: RUSSIA NEEDS GREATER INFLUENCE ON OIL PRICES, RECOMMENDING A MONTHLY REVIEW OF OIL EXPORT TAXES
[14:57] {Threei} - Note: Russia reportedly was evaluating an MoU with OPEC last week for greater cooperation
[15:00] {dawg} in Qid 72.51 100 shares
[15:01] {dawg} out .02
[15:01] {Threei} good one
[15:01] {Onix} great job
[15:01] {dawg} watching it like a hawk
[15:01] {dawg} thanks Vad, Onix
[15:03] {hawkfan4} that's how i watch everything :)
[15:04] {dawg} and I am a fan of yours hawk
[15:04] {Geo} sheesh
[15:04] {Geo} slow day :)
[15:04] {lisa_jay} Hawk, R u still in COIN?
[15:04] {dino} gj dawg
[15:04] {hawkfan4} lol, thx dawg
[15:04] {dawg} thanks dino!
[15:05] {hawkfan4} still in 1/3, but sold most 7.10 this morning lisa
[15:05] {dino} fcx sm l .65
[15:07] {dino} sm pru l .10
[15:12] {dawg} long DELL 11.75 small lot
[15:15] {dawg} out DELL 11.80 5 cent scalp
[15:17] {Onix} better than a sharp stick in the eye
[15:17] {Geo} hows day off going onix?
[15:17] {dawg} tired of chewing on my tail
[15:17] {Threei} lol
[15:17] {dawg} .)
[15:18] {Onix} round and round we go to nowhere
[15:23] {Threei} NQ is trying for new low
[15:23] {Threei} but I somehow don't get a feel of selloff coming
[15:24] {Threei} maybe because of ridiculously low volume
[15:25] {Onix} on daily it looks like first day of the next leg down?
[15:26] {Threei} not really
[15:26] {Threei} look at last three days
[15:26] {Threei} red green red
[15:27] {Threei} all bottomingg (so at least) at the esame level
[15:27] {Threei} and volume goes lower and lower each day
[15:27] {lisa_jay} People are expecting the reverse head and shoulders pattern on indexes.
[15:27] {Threei} typical undecisive pattern
[15:27] {Threei} can resolve any way
[15:27] {Threei} technically yes, lisa's correct
[15:28] {Threei} H&S is shaping up
[15:28] {Onix} ty Vad, learning every day
[15:29] {Threei} it's just that so much uncertainty weighs on market
[15:29] {Threei} autoindustry... more bank troubles... new adminustration
[15:29] {amarg} on a reverse H&S graph, how long are u plotting lisa?
[15:29] {dino} heads...we go up
[15:29] {Threei} and tails..?
[15:30] {dino} down
[15:30] {Onix} between our legs
[15:30] {dino} ready?
[15:30] {Threei} wait
[15:30] {Threei} I need a third option
[15:30] {Threei} what is coin remins in the air?
[15:30] {lisa_jay} Amar...not me..just reading what others are saying.
[15:30] {dino} heads it is
[15:31] {Threei} guys, decide on your rsik tlerance,
[15:32] {Threei} I am mentioning my trade but by no means calling it for you
[15:32] {Threei} taking some STEM overnight
[15:32] {magoo} jesus..good flip/system
[15:32] {Threei} hey, it works
[15:32] {Threei} dino, caould youi put your elbow in magoo's ribs on my behalf?
[15:32] {dino} sure
[15:32] {Threei} thank you
[15:34] {Geo} lord vader,,,, we still believe in you
[15:34] {Geo} any calls? :D
[15:34] {Threei} still?
[15:34] {Threei} did I do something to put you on high alert?? :)
06[15:34] * Geo is trying to pry vad from monastry
[15:34] {Threei} my feeling is, mild recovery toward the end of the day
[15:35] {Threei} nothing dazzling
[15:35] {Threei} LVS again
[15:38] {dino} china investment rumor lvs
[15:40] {dino} selling picking up
[15:40] {dino} what the?
[15:40] {dino} it's a "zippy" market
[15:41] {Threei} typical for low volume...
[15:41] {dino} thinl alan from 2 1/2 men, no sense at all
[15:41] {dino} think
[15:41] {laserdave1} magoo dcc when u get a sec
[15:45] {magoo} after bell ok?
[15:45] {Threei} watching if we get Qs pullback to .60 for entry
[15:45] {Threei} in .55
[15:45] {dino} well, if nothing else another 400 pt range dji
[15:45] {Threei} stop under .50
[15:46] {Threei} can I sacrifice 6-7 cents for the common good on last minutes?
[15:47] {dawg} in .61
[15:47] {Threei} you decided to sacrifice 12?
[15:47] {Threei} that's the spirit
[15:47] {dawg} no 10
[15:48] {dawg} .10
[15:48] {Threei} self-sacrifices will be expected from all of us
[15:48] {Geo} Qs closing time vad?
[15:48] {Geo} in .57
[15:48] {Threei} hmmm
[15:48] {Threei} never thought about that, lol
[15:48] {Threei} it's a nasdaq-traded one
[15:48] {Geo} i guess open extended
[15:48] {Threei} I don't expect itt o be any different
[15:50] {Threei} out
[15:50] {Threei} +.13
[15:50] {Onix} gj
[15:50] {dawg} wtg Vad
[15:50] {Geo} heheh all out back in blackkk
[15:51] {Threei} so far dino's coin was right
[15:51] {Geo} .11 TY vad
[15:51] {dawg} out with .71 10 cents thank you Vad
[15:51] {Threei} up, and nothing too earth-shaking
[15:51] {dawg} still going
[15:51] {Threei} weclome sit
[15:51] {Threei} wow
[15:51] {Threei} really
[15:51] {Threei} that's low volume market fior ya
[15:51] {Geo} tough day today..... even my ahem..... quant positions sucked
[15:51] {Threei} STEM is up 12 cents from my entry
[15:51] {Threei} holding
[15:52] {dawg} overnight?
[15:52] {Threei} yes but please
[15:52] {Threei} don't follow blindly
[15:52] {Threei} overnight is overnight, risk is much higher
[15:52] {Geo} Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[15:52] {Geo} lol
[15:52] {dawg} OK change of plan
[15:53] {Geo} oh mannnnnnn Qs
[15:53] {Threei} having traded STEM as far back as 2001 I think...
[15:53] {Threei} I belueve when there are movements at law-making level concerning setm cells, it has momentum carrying over some time
[15:54] {dawg} also got another 7 cents in DELL scalp
[15:54] {Threei} but you need to be willing to hold it for a swing
[15:54] {Threei} so dfon't touch it if you are not
[15:54] {dawg} staying away
[15:54] {Threei} you are getting good hand at scalping footwork
[15:54] {Threei} stay with your comfort zone
[15:55] {Threei} especially in this market
[15:55] {dawg} thank you Vad staying small great teacher
[15:55] {dawg} thru for the day going to find a car to sleep under
[15:55] {Threei} lol
[15:55] {hawkfan4} lol
[15:55] {cosmo} i stay under my bed sometimes
[15:56] {Threei} I regularly find a cat there
[15:56] {Threei} and it fights me for the space
[15:56] {Threei} so not an option for me
[15:56] {cosmo} get a dog
[15:56] {Geo} sheesh
[15:56] {Threei} so they both could fight me?
[15:56] {Geo} must be a bad day all around
[15:56] {Geo} no more holidays onix !!!
[15:56] {Threei} lol
[15:56] {Threei} let me see
[15:57] {Threei} well
[15:57] {Threei} I am up 3356.56
[15:57] {Threei} sorry
[15:57] {Threei} 356.56
[15:57] {Geo} wot????????????
[15:57] {Geo} ok
[15:57] {Geo} up 26 :)
[15:57] {Threei} too many 3s
[15:57] {Threei} so nothing to qwrite home about
[15:57] {Geo} Qs saved my behind
[15:57] {Threei} jeez
[15:58] {Threei} what'/s with typing
[15:58] {Threei} 336.56
[15:59] {Threei} OK guys, thank you all
[16:00] {dino} out pru flat, holding fcx
[16:00] {Geo} Ty vad
[16:00] {Threei} glad we hold the low
[16:00] {lisa_jay} Thanks Vad.
[16:00] {Threei} maybe we have a chance for uoward to resume
[16:00] {Threei} although with this volume, anything can happen
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {KSystems} Good night Vad
[16:02] {dino} will be light tomorrow, no bond ,market
[16:02] {Onix} ty all, bye
[16:02] {dino} veterans day
[16:07] {dino} gm all
Monday, November 10, 2008
Friday, November 7, 2008
Nov 07 2008
Another "barely in profit" day. Mostly scalps, not much moved for more than that. Day started with couple stops, one of them (on NVDA) especially rude - haven't seen this stock moving in such manner. Just look its intraday chart. SOLF and QQQQ later fixed the damage and took the day in green.
Session Time: Fri Nov 07 00:00:00 2008
[08:35] {_maga} good morning
[08:37] {Threei} Good morning RT
[08:40] {amarg} good morning all
[08:41] {Threei} amar :)
[08:42] {_maga} Vad, could you DCC me?
[08:43] {Threei} did
[08:43] {magoo} morn, no replay i see
[08:44] {Threei} you can too, by doubleclicking my name :)
[08:44] {Threei} hi mags
[08:44] {Threei} no... I forgot
[08:44] {Threei} lol
06[08:45] * magoo slaps Threei around a bit with a large trout
[08:45] {lisa_jay} Hi Vad, Magoo, Amar, Maga
[08:45] {_maga} hi Lisa
[08:46] {Threei} lisa :)
[08:46] {magoo} vad, what did we play afterhrs..can not remember SIGH
[08:46] {Threei} qcom
[08:46] {magoo} ty
[08:46] {Threei} yw
[08:46] {Threei} early onset of alzheimer
[08:47] {Threei} (I can relate, onviously)
[08:56] {magoo} vad, working theory here {i know we wait and see..but u have theory} say pop..drop..
[08:56] {magoo} obama speaks at 2pm..idiot timing for mkt..should speak at 4pm
[08:57] {magoo} now his speach gets jerk reactions
[08:57] {Threei} you know, if I would be a market player with really huge capital
[08:57] {Threei} staying on a sideline at the moment,
[08:58] {Threei} I would never commit a cent before hearing what he has to say
[08:58] {amarg} gm lisa
[08:58] {brian3579} gm all
[08:58] {Threei} If I had a little in the market, I would take it out and wait
[08:58] {Threei} brian :)
[08:58] {Threei} if I were fully commited,
[08:58] {Threei} I would close my eyes, put my hands around my head rock back and forth and pray
[08:59] {Onix} Good morning all
[08:59] {Threei} onix :)
[08:59] {Threei} I mean, this guy is a huge unknown to such a degree
[09:00] {Threei} what he does may amount to nothing but fizzle
[09:00] {Threei} or nothing short of revolution
[09:02] {Threei} I just looked at the chart of ALTH... if you remember what event I was hunting for on this one and totally missed, you'll join me in bitter crying and loud screams
[09:03] {Threei} be back in 5
[09:06] {dino} gm all
[09:07] {_maga} hi Dino
[09:07] {lisa_jay} Hey Dino
[09:08] {Threei} dino :)
[09:09] {cosmo} NVDA pre mkt high = 8.86 fwiw
[09:10] {Geo} gm all
[09:10] {lisa_jay} Hi Geo
[09:11] {dino} :)
[09:11] {ese} morning.......
[09:11] {ese} dino
[09:11] {lisa_jay} Hi Ese
[09:11] {ese} lisa....
[09:13] {Threei} geo, ese :)
[09:17] {ese} reasonable numbers from NVDA last night considering the circumstances and market
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:18] {ese} dp....are you under water this morning
[09:18] {dptl} :) well not yet...but it's still raining like 3rd day
[09:18] {ese} it's raining like crazy here on the island.....
[09:19] {Threei} that's OK, Winnipeg got snow yesterday
[09:19] {dptl} there you go......so not complaining
[09:19] {dptl} :)
[09:19] {ese} hmmmmmmm.....indeed lesser of 2 evils for sure
[09:20] {Threei} so... anyone remembers what that was on ALTH were waited for... or alzheimer strikes broadly?
[09:20] {Threei} we waited for
[09:21] {hawkfan4} 7 break
[09:21] {Threei} prize goes to hawk
[09:21] {hawkfan4} cash is preferred :)
[09:25] {magoo} solars could pop today off his speach vad, more likely to mmention 150 billion in clean energy over 10 yrs plan
[09:27] {Threei} sector to watch, yes
[09:31] {peterg} hello?
[09:31] {Threei} hi peter
[09:32] {Onix} hey peter
[09:32] {Threei} Long Setup: UAUA 15 if stays above .80 and NQ reverses to upside
[09:32] {Threei} risky and jumpy
[09:34] {Threei} WHITE HOUSE: STATES THAT IT HAS NECCESSARY TOOLS TO SOLVE HOUSING AND CREIDT MARKET ISSUES
[09:34] {Threei} why don't you employ them then
[09:35] {Onix} in uaua
[09:36] {lisa_jay} Thanks Vad UAUA 13c on 200 shares.
[09:36] {Threei} lisa likes to start the day with profit
[09:36] {Threei} (can't blame her really)
[09:36] {Threei} market weakens
[09:37] {dino} poru hl l .65
[09:38] {dino} pru
[09:40] {Onix} uaua stopped
[09:40] {magoo} qcom vad...made it all back
[09:40] {Threei} amazing really
[09:41] {magoo} hit 29.80
[09:41] {Threei} bodes well for the beginning of bull market
[09:41] {Threei} bad news get ignored
[09:41] {cosmo} nvda
[09:41] {Threei} Long Setup: NVDA .86
[09:41] {Threei} stop under .70
[09:41] {cosmo} testing .86
[09:41] {magoo} in
[09:44] {Threei} sheesh
[09:44] {dptl} stopped nvda
[09:44] {magoo} i want a free mointh vad
[09:44] {magoo} u killing me
[09:44] {Onix} stopped nvda
[09:45] {amarg} is O a short today?
[09:51] {lisa_jay} Sigh...my trading platform went nuts...looped orders so down for the day.
[09:51] {dino} gap fill coming
[09:52] {dino} pattern has been fill and up
[09:52] {cosmo} CSCO hod
[09:53] {Chaeron} good morning all
[09:53] {Geo} wow chaer
[09:59] {Geo} .
[09:59] {magoo} ..
[09:59] {hawkfan4} ...
[10:01] {magoo} monster spike
[10:02] {dino} out pru .65, +1.00 hl
[10:02] {magoo} c'mon vad..i was kidding
[10:02] {hawkfan4} nice dino
[10:02] {dino} ty
[10:02] {dino} too soon
[10:05] {hawkfan4} not sure why but COIN keeps catching my eye. trying some .55
[10:05] {Chaeron} missed HIG
[10:11] {_maga} looking at forming C&H on MTL
[10:12] {dino} deck?
[10:12] {_maga} to me dino?
[10:14] {lisa_jay} Hawk...is the COIN a swing play or daytrade...was looking at it a swing above 7. Thanks.
[10:14] {dino} no, just letting you know what caught my eye, missed it at .20, just went .80
[10:14] {_maga} ok
[10:15] {hawkfan4} more a swing lisa. looks like it might want to pop back up to between 8 and 9. If it does it today, then daytrade it is :)
[10:15] {dino} hawk the swinger
[10:16] {hawkfan4} swing baby, yeah
[10:18] {Threei} Long Setup: SOLF .36 break, stop under .20
[10:20] {dino} clf sm l .70
[10:22] {magoo} nice SOLF vad
[10:22] {Chaeron} nice one SOLF... missed tho.
[10:22] {dino} out clf .25, +.55
[10:24] {hawkfan4} nice dino, nice vad, nice morning
[10:25] {Geo} in .39 all out .65
[10:25] {Geo} Ty vad
[10:25] {Chaeron} Gasoline prices under $2.00 in TX... nice
[10:25] {Threei} welcome
[10:26] {dawg} still in from 7.40
[10:26] {lisa_jay} Nice one Vad.
[10:26] {dawg} taking 1/2 here
[10:32] {dptl} all out solf ty
[10:32] {Chaeron} Vad, just heard Volker is 82, fyi
[10:32] {dawg} stop to break even on last 1/2
[10:33] {Threei} yes Chaeron
[10:33] {Threei} can't imagine him stocking around for long
[10:34] {cosmo} vogons can live for 200 years ...
[10:35] {magoo} thats vulcans lol
[10:35] {Chaeron} Robert Riesch (sp?) up for nod too...
[10:36] {cosmo} mags.....Hitchhiker's Guide to the Galaxy
[10:39] {dawg} all out SOLF 7.70
[10:40] {dawg} thanks Vad great call
[10:40] {Threei} welcome
[10:43] {ese} long aaapl....
[10:44] {ese} .22
[10:44] {ese} 3/4
[10:45] {ese} out aapl .78
[10:46] {Threei} wtg
[10:46] {ese} +.56 on 3/4 lot
[10:46] {ese} nice way to finnish the week
[10:52] {ese} hmmmmm thought my aapl oreder was going to be rejected....just barely made that one on margin....
[10:52] {Geo} scanners dead here
[10:53] {ese} too much cash now in NVDA and ESLR and bought a couple of lots of CSIQ as well
[10:56] {ese} i think my scanners are dead as Geo.......
[10:57] {ese} oops something moved
[10:59] {ese} hear the one about a guy who put iodine on his paycheck because he got a cut in Pay????
[10:59] {lisa_jay} Lol.
[10:59] {peterg} :)
[10:59] {ese} took a roll of toilet paper to a CRAP GAME????
[11:00] {ese} thouhgt that manual labor was the president of Mexico???
[11:00] {ese} spent 4 days in SEARS looking for wheels for a miscarrage????
[11:01] {ese} had an inate ability to drown in a parking lot puddle????
[11:02] {Geo} lol@ese
[11:02] {ese} good one!!!
[11:02] {Geo} looks like your joke scanner is working :)
[11:04] {ese} ya...well.....some days your standing at the crossing gates....the lights are flashing....but the train just ain't comin???
[11:05] {Geo} I am net 4.87 for the day :)
[11:05] {Threei} GM
[11:05] {Threei} HALTED: NEWS PENDING
[11:05] {Chaeron} rare
[11:05] {lisa_jay} Did they earnings this morning?
[11:05] {ese} thats a right ON geo.....
[11:05] {lisa_jay} *have
[11:06] {Threei} 10:42am [GM] Delaying Q3 results, expects release shortly
[11:06] {ese} bankrupcy?
[11:06] {lisa_jay} Thanks Vad.
[11:07] {magoo} cant be good
[11:09] {magoo} vad, u see a qid trade setting up?
[11:09] {ese} can't be good is you out there hunting with a bow and arrow there mags in questionable conditions.....
[11:09] {ese} we need you the board.......
[11:09] {Threei} with GM unknown ahead, wouldn't take any position in QID
[11:10] {dino} back, kicked out again
[11:10] {dino} hit qcom s .76, cov .36
[11:10] {Threei} as SOLF pulled back into support, watching it for bounce if market reverses
[11:10] {dino} watching athn, deck, clf again
[11:10] {Threei} also APOL
[11:11] {dino} kbr too
[11:12] {lisa_jay} Vad, for supports - U look for an area (or range of 10c)?
[11:12] {lisa_jay} Thanks.
[11:12] {Threei} previous resistance, broken earlier and becoming new support
[11:17] {dino} sm l athn .98
[11:17] {dino} gappy one, careful
[11:17] {magoo} rimm fooled me today
[11:17] {Threei} you want to see ultimate definition of "fooled", look at NVDA chart
[11:18] {Threei} wtf was that?
[11:18] {dino} hey!!!!!!
[11:18] {magoo} and vad...NVDA usually does not move like that
[11:19] {Threei} no
[11:19] {dino} upgraded everywhere today
[11:19] {ese} i'm likin the way NVDA looks ........but thats just me
[11:19] {Threei} GM
[11:20] {Threei} REPORTS Q3 -$4.45 V -$3.70E, R $37.9B V $39.4BE
[11:20] {Threei} - Global market share 13% -0.7% y/y
[11:20] {Threei} - Q3 impairment charge
[11:20] {Threei} - GM reported charges of $652M relating to its commitments as part of Delphi's bankruptcy proceedings, $251M for impairment of investments in GMAC, and $641M in restructuring-related and other charges.
[11:20] {ese} hawk your long a couple NVDA too arn't you?
[11:20] {hawkfan4} i sold before earnings, 8 ish
[11:21] {ese} nice.......
[11:21] {dino} qcom sm s again, .10
[11:27] {Threei} - Even if GM implements the planned operating actions that are substantially within its control, GM's estimated liquidity during the remainder of 2008 will approach the minimum amount necessary to operate its business.
[11:27] {Threei} - Looking into the first two quarters of 2009,the company's estimated liquidity will fall significantly short of that amount unless economic and automotive industry conditions significantly improve, it receives substantial proceeds from asset sales, takes more aggressive working capital initiatives, gains access to capital markets and other private sources of funding, receives government funding under one or more current or future programs, or some combination of the foregoing.
[11:27] {Threei} - The success of GM's plans necessarily depends on other factors, including global economic conditions and the level of automotive sales, particularly in the United States and Western Europe.
[11:27] {Threei} - Expects adjusted operating cash flow in Q4 to be much improved q/q, and more consistent with the first half of the year
[11:27] {Threei} - Will announce further information on liquidity in 8-K later today
[11:29] {Onix} yes GM should do very well, the government is gong to "give" billions, just like AIG
[11:30] {Threei} GM open
[11:30] {Threei} *SEPT PENDING HOME SALES M/M: -4.6% V -3.4%E
[11:30] {Geo} comon vad
[11:30] {Geo} give us some good news.... its friday
[11:31] {Onix} we going for -500 today?
[11:31] {Threei} strangely enough, doesn't look this way fo now
[11:31] {Threei} with this endless carpet-bombing of bad news, market stays green
[11:32] {dino} qcom stopped -.22
[11:32] {Threei} we got job numbers worst ever, GM, housing sales
[11:32] {ese} oversold to my thinking vad.....
[11:32] {Threei} and still no selloff
[11:32] {patience} now who has a never ending supply of money to keep the markets green
[11:32] {Threei} this is price/information divergence
[11:33] {Threei} if not for the major policy speech ahead, I'd say we rally
[11:33] {dino} how bottoms form
[11:33] {Threei} we still may
[11:33] {Threei} exactly dino
[11:33] {Threei} bleakest news posible
[11:33] {dino} time will tell, imo 8100 must hold or all bets off
[11:33] {Threei} yet market refuses to go down
[11:33] {Threei} if this happens today, bottom is in
[11:34] {lisa_jay} Obama at 2 today. Hope he does not disappoint.
[11:34] {Threei} barring speech announcing taxing your breathing and giving proceeds to those who is too lazy to even breathe
[11:34] {dino} disappoint, we still haven't closed positive w/him pres. elect
[11:34] {dino} thats the problem
[11:34] {Threei} GM low from 10/10 is 4
[11:35] {lisa_jay} :-)
[11:35] {magoo} u see how low ford is?
[11:35] {Threei} yeah lisa... what is it he can say that inspires vs disappoints...
[11:35] {dino} athn broken, stopped again, done w/it
[11:35] {Threei} I mean, he talks well
[11:35] {Threei} but is it enough at this stage?
[11:36] {Threei} F is within 4 cents from that low
[11:37] {dino} tax and spend. thats what he will say. giving it to uaw now
[11:38] {Onix} it seems as if the market is teetering on broken crutches ... govenment bailouts propping it up
[11:38] {Threei} market shows some signs of life even with GM dropping
[11:38] {Threei} well Onix... that's a lot of money sitting on sideline
[11:38] {Threei} it needs to find outlet
[11:40] {Onix} true, but with so many people loosing jobs and retail spending going down so much, how can market go up?
[11:40] {Threei} it will when it feels like economy's bottom is in sight
[11:41] {Threei} market is future-discounting mechanism
[11:41] {Threei} it will go up much earlier than economy shows real signs of recovery'
[11:42] {Onix} ok i think i understand a little better now, thanks
[11:42] {Threei} practical outcome of it is,
[11:42] {Threei} smart money will position itself for the recovery in dvance,
[11:43] {Threei} crowd will join only when economy recovers,
[11:43] {Threei} paying much higher prices in the market
[11:43] {Threei} and smart money will be waiting for panic buying by those who feel they miss the train
[11:43] {Threei} and unload into their buying
[11:44] {Geo} in .1 out .3 GM
[11:44] {Onix} like Buffett going for GE @ $27 and it is now @ @19?
[11:44] {Geo} 200 shares only
[11:45] {Threei} ask Buffet why he did it
[11:45] {dino} cls sm l .80
[11:45] {Threei} his time horizons and ability to wait it out are different,
[11:46] {Threei} so are the conditions under which he buys
[11:46] {Threei} as far as I remember, his GS and GE buys were not simply open market investements
[11:46] {ese} outta here for the long weekend all.....take care
[11:46] {Threei} take care ese
[11:46] {Threei} those were preferred shares
[11:46] {hawkfan4} cya es
[11:47] {Onix} true, he got 10% interest deals as well i think
[11:47] {Threei} you or I are not really privileged to buy like that, are we
[11:47] {Onix} no way!!!!
[11:47] {Onix} not me, maybe yo
[11:52] {Threei} Qs is a long off 31
[11:52] {Threei} first strength
[11:53] {Threei} stop under .95
[11:53] {Threei} half out .11
[11:53] {Threei} scalpers get out
[11:54] {dawg} half out .14
[11:54] {Threei} stop .99 for the balance
[11:58] {Threei} stop to .05
[11:59] {dawg} ok
[11:59] {Threei} out 1/4 more .22
[11:59] {Threei} stop to .09
[12:00] {dawg} ok
[12:00] {Threei} trying to milk this one
[12:00] {dawg} still holding 1/2
[12:03] {dawg} out 3/4
[12:04] {Threei} oput in full
[12:04] {Threei} .31
[12:04] {dawg} out inf full
[12:04] {Chaeron} great one Vad... missed that one too tho :(
[12:04] {dawg} .31
[12:04] {dawg} great call Vad thank you
[12:05] {Threei} welcome sir
[12:05] {dawg} .)
[12:07] {dino} gj dawg
[12:07] {lisa_jay} Hawk, COIN up above 7.
[12:07] {dawg} thanks dino Vad's calling em
[12:07] {Threei} with 7 cents stop, that was 1:4
[12:07] {lisa_jay} Vad, no trades for me...something is happening with my platform.
[12:07] {magoo} nice one vad..u are BACK!
[12:08] {Geo} lol
[12:08] {Threei} you took it mags?
[12:08] {Geo} cN YOU SAY FICKLE?
[12:08] {dino} you pulled the trigger tho
[12:08] {Geo} oops
[12:08] {hawkfan4} :) im liking it, thx lisa
[12:08] {Threei} lisa... what's happening?
[12:08] {dawg} you had some great ones today also dino
[12:08] {Geo} what platform?
[12:08] {dino} running about 50/50, but up
[12:09] {dawg} good dino!
[12:09] {lisa_jay} Looping of orders...they are fixing. Say I am up, and flat.
[12:09] {magoo} yes boss
[12:10] {Threei} I am yet to understand this... but whatever :)
[12:10] {Threei} I mean, 2 stops?
[12:10] {Threei} so what?
[12:10] {Threei} 15 cents and 20 cents
[12:11] {Threei} then SOLF comes around for about 30 cents
[12:11] {Threei} Qs for about the same
[12:12] {Threei} such emotional peaks and valleys... snow whites
[12:13] {Geo} snowwhites
[12:13] {Geo} lol
[12:13] {Geo} i am going to use that on someone today
[12:13] {Threei} I prefer trout- swinging unemotional badly shaven cowboys
[12:13] {Threei} (ladies excluded)
[12:13] {Geo} yeah that would be one sight
[12:13] {Geo} umm you prefer them vad?
[12:14] {Threei} as a trading comrades
06[12:14] * magoo slaps Threei around a bit with a large trout
[12:14] {Threei} and if you think of more comments in that direction, be careful
[12:14] {Threei} there you go
[12:14] {Geo} comrades seems to the word these days
[12:14] {Threei} magoo is back too
[12:14] {magoo} i only shave sunday nite..go all week
[12:14] {Threei} (thank goodness)
[12:14] {dino} i see and i prefer beer over wine
[12:14] {hawkfan4} i finally gave up and grew a beard
[12:14] {Geo} i treat my beer like wine
[12:14] {magoo} but by friday..must unless out huntin'
[12:15] {Geo} i swirl it in the bottle before drinking
[12:15] {dino} lol
[12:15] {magoo} i thought u were female hawk ROFLOL
[12:15] {Threei} I need chaeron's confirmation that you are not pouring champagne in your beer geo
06[12:16] * Chaeron slaps Geo around a bit with a large trout
[12:16] {hawkfan4} lol :)
[12:16] {Geo} you never heard of the bearded lady magoo?
06[12:16] * hawkfan4 slaps magoo around a bit with a large trout
06[12:16] * Geo slaps hawkfan4 around a bit with a large trout
[12:16] {Threei} CHRYSLER CEO: NEITHER CONFIRMING NOR DENYING WHETHER THE COMPANY IS HOLDING PRIVATE BUSINESS MEETINGS, IN ANSWER TO A QUESTION REGARDING ACQUISITIONS
[12:16] {Threei} - Company is significantly challenged by the economic environment.
[12:17] {dino} oh contrare. these auto companies have been challenged for 10+ year
[12:17] {Geo} can we just cancel all govt pensions
[12:18] {Geo} youdd see some serious shrinking :)
[12:18] {Geo} no one will apply
[12:19] {Threei} aside of general economy standing and people's desire and ability to buy their cars,
[12:20] {Threei} they face huge challenge on the path to financial health: all the social obligations
[12:20] {Threei} unions, health benefits, pensions
[12:20] {Threei} they would have to trim a lot of fat to becomne leaner and healthier
[12:20] {Threei} now,
[12:20] {Threei} does it go in line with new prez program?
[12:22] {dino} what should happen is bankruptcy, common worthless, union contracts voided, etc. bondholders get new common and string survive. whatever happened to capitalism?
[12:22] {dino} strong
[12:22] {dino} too much capacity
[12:23] {Threei} capitalism discredited itself dino... haven't you heard?
[12:23] {Threei} brotherly love is in
[12:23] {Threei} you are magoo's keeper
[12:24] {elpaso} dino, democracies are not historically long lived. when the majority start to vote themselves benefits at the expense of the state it is shortly finished.
[12:24] {dino} dino walks away from it all
[12:24] {Threei} I go with you
[12:24] {Threei} I bring beer
[12:24] {Threei} tell magoo to catch up as soon as he skins the deer
[12:25] {Threei} atlas is about to shrug elpaso, eh?
[12:26] {dino} ok to the cabin
[12:28] {magoo} just packing the backstraps vad...wait up and crack me a brew
[12:28] {Threei} I promise
[12:29] {Threei} COIN does look good hawk... beautiful find
[12:29] {magoo} i loikre rimm sh off 49..
[12:29] {hawkfan4} thanks, so far so good
[12:30] {Threei} F CEO: OUR LIQUIDITY IS SUFFICIENT FOR NOW - CONF CALL
[12:31] {Threei} FED'S LOCKHART: DO NOT COUNT ON EXPORTS TO SAVE THE US, PROBLEMS WILL RISE MORE, SIGNS OF IMPROVING CREDIT MARKETS MAY BE A FALSE DAWN
[12:31] {Threei} what are they all doing today?
[12:31] {Chaeron} hey... were you guys going to leave without me?????/
[12:32] {dptl} is that a long weekend?
[12:32] {dino} don't tell him
[12:32] {Threei} we were going to spread bread crumbs, chaeron
[12:32] {Threei} lol
[12:32] {Threei} no dp
[12:32] {Threei} FED'S LOCKHART: US HOUSE PRICES MUST STOP FALLING, A RISING DOLLAR AND STRUGGLING WORLD ECONOMY HURTING EXPORTS
[12:33] {Chaeron} oh well, I'll just keep my Vodka
[12:33] {dino} ok, tell him
[12:33] {hawkfan4} lol
[12:33] {Chaeron} you guys forget I bartended for many years and am handy to have around.........
[12:37] {dino} handy to have around...hmm i gues he could wait on us
[12:38] {elpaso} I don't know about that Threei, one thing that amazes me about western democracies is that there are many generous wealthy people. More than Ms. Rand imagined.
[12:39] {Chaeron} Wait on you? Wait on this:
06[12:39] * Chaeron slaps dino around a bit with a large trout
[12:40] {Threei} well... we shall see in fullness of time...
[12:40] {Threei} I just have this nagging suspicion that it's one thing to give when you can
[12:40] {Threei} and completely another to be made to give, without asking your opinion
[12:41] {dino} ouch...not sure we want that attitude
[12:42] {Threei} I lived in society where distribution was as even as you can get
[12:42] {Threei} not oretty
[12:42] {Threei} motivation is zero
[12:43] {Threei} lazy bastards are kings
[12:43] {Threei} hard workers are slaves
[12:43] {dino} want proof, rent to a couple section 8 tenants, ugh!
[12:44] {dino} never again, nice homes wrecked in weeks, then they complain stuff is broken and brag that they are knocked up w/o marriage, because they get more govt checks
[12:44] {magoo} quit referring to me as lazy
[12:45] {Chaeron} magoo, you rent from dino?
[12:45] {Chaeron} :))
[12:45] {dino} lol
[12:46] {dino} not anymore he doesn't
[12:46] {Threei} rofl
[12:46] {Chaeron} not since he was knocked up..
[12:46] {dino} :)
[12:49] {peterg} you guys are on a Friday roll! :)
[12:54] {Threei} lol
[12:58] {dino} you should see magoos rolls, more than bakery
[12:59] {Threei} anyone did a few SOLF scalps on bounces?
[12:59] {Threei} or no one pays attention?
[12:59] {magoo} actually..i hit fslr twice
[12:59] {Threei} how did it take it?
[13:02] {lisa_jay} Solf Scalps Vad? How to play them?
[13:03] {Threei} look at 1 min
[13:03] {Threei} bounces from clear support levels
[13:03] {Threei} roughly coordinated with market moves
[13:03] {Threei} first time when it dropped into .40, I mentioned it
[13:03] {Threei} it went over .60
[13:04] {Threei} then did a few of the same kind of bounces from .30 and .20
[13:04] {dino} clf stop to .28
[13:06] {lisa_jay} Ok, thanks Vad.
[13:06] {dino} to .39
[13:07] {lisa_jay} Is this type of set up more likely to work on certain days vs others?
[13:08] {dino} out +.59
[13:10] {Threei} it's quite standard setup lisa
[13:11] {Threei} just gotta observe and make sure it's happening
[13:11] {Threei} stops are failry tight on this kind
[13:11] {Threei} you buy very close to support, so your stop in just under
[13:11] {lisa_jay} Do we wait for the strength to enter?
[13:11] {Threei} watch it right now:
[13:11] {lisa_jay} Ok
[13:11] {Threei} it retreated into .20 support,
[13:12] {Threei} NQ weakness took it there
[13:12] {Threei} now, NQ reverses, so should SOLF
[13:12] {Threei} watch NQ, keep your finger on a trigger with limit .25-.26
[13:13] {Threei} NQ upticking, big bid jumped in
[13:15] {lisa_jay} Paper trading this Vad, Stop where?
[13:15] {Threei} .20 if getting hit
[13:15] {Threei} if we had bids just under .20, then stop would there
[13:15] {lisa_jay} Thanks
[13:15] {Threei} but there are none at the moment
[13:15] {Threei} so have to exit if .20 getting sold
[13:17] {Threei} (US) TREASURY'S KASHKARI: SEEDS OF THE CURRENT CRISIS WERE PLANTED OVER THE LAST DECADE, HAS NOT RULED OUT PROVIDING FUNDS OUTSIDE THE FINANCIAL SECTOR
[13:17] {Threei} - Declines in housing prices are not over yet, home prices adjust downward very slowly.
[13:17] {Threei} - Government intervention has unintended consequences, yet taxpayers are helped when failing banks are taken over
[13:17] {Threei} - Markets remain fragile despite intervention, although there have been signs of improvement since the implementation of TARP began. Compensation rules under TARP "have teeth.", prudent acquisitons by participating banks are reasonable
[13:17] {Threei} - Prudent banking mergers could be beneficial. Treasury does not want to micromanage banks. Treasury will not exercise voting rights in banks
[13:17] {Threei} FED'S LOCKHART: FED COULD OPERATE WITH A FED FUNDS RATE AT 0%, US REMAINS 'CREDITWORTHY'
[13:17] {Threei} - Remarks that National Debt remains in acceptable boundaries
[13:19] {Threei} FORMER FED CHAIR GREENSPAN: HOUSING PRICES 'CRITICAL' IN ABILITY TO CALL A BOTTOM IN THE MARKET
[13:19] {Threei} how come this guy just won't go away
[13:19] {elpaso} threei, is there something about the way solf trades in spurts that you like? the level 2 is easy to read when its not moving much.
[13:20] {Threei} well, I like stocks that trade more smoothly as a rule
[13:20] {Threei} but it's personality is different
[13:22] {Threei} market is hesitant
[13:22] {Threei} need NQ to break 1270 for the trade to gain legs
[13:26] {hawkfan4} QLD .19, stop .07
[13:28] {magoo} barak got mkt on freeze here
[13:29] {Threei} here comes NQ
[13:29] {Threei} here comes SOLF
[13:29] {magoo} u in
[13:29] {Threei} .22
[13:29] {Threei} don't chase
[13:30] {Chaeron} I got .26 a bit ago... :(
[13:30] {Threei} that's fine
[13:30] {Threei} no buying now
[13:30] {Chaeron} oh ok... *whew*
[13:30] {Threei} next spike is exit, so now room for new buys
[13:31] {Threei} and if NQ gives up and .30 geting hit, get out
[13:31] {Chaeron} you mean NO room for new buys?
[13:31] {dawg} also in from .26 back aways
[13:31] {Threei} right
[13:34] {Threei} hmmm
[13:34] {Threei} ho.56 print was above the market, lol
[13:34] {Threei} someone's eager
[13:35] {Threei} .36 print
[13:35] {magoo} dammit..that was my entry
[13:36] {Threei} lol
[13:36] {Threei} NQ loses will to live
[13:38] {Threei} magoo... no need to buy all SOLF there is, really
[13:38] {Threei} what's with those huge positions
[13:39] {Threei} or was that your partial
[13:41] {Threei} FORMER FED CHAIR GREENSPAN: HOUSING PRICES 'CRITICAL' IN ABILITY TO CALL A BOTTOM IN THE MARKET, EXPECTS PRICES TO FALL ANOTHER 5-10%
[13:41] {Threei} - Remarks that the US is still creating 'toxic' assets, sees Q4 GDP down 'significantly'{
[13:41] {Chaeron} out... +.01
[13:41] {Chaeron} have to run out for a sec
[13:41] {Threei} didn't qwuite work out, but you see how safe it was?
[13:43] {hawkfan4} stopped qld -.13
[13:54] {lisa_jay} yes. Thanks for going over it Vad.
[13:57] {Chaeron} try SOLF again here?
[13:58] {Threei} looks fine chart wise, but the closer we are to the speech, the less meaningful are moves
[13:59] {Threei} imagine prez saying we go solar all in,
[13:59] {Threei} thing explodes to 8 or 9 or 15 or whatever
[13:59] {Threei} imagine him saying, well, money's tough, will have to put it on hold for now
[14:00] {Threei} thind drops to 2
[14:00] {Threei} lol
[14:01] {hawkfan4} i'd give it a try at 2
[14:01] {lisa_jay} :-)
[14:03] {magoo} sell the news reaction to speach is my bet
[14:08] {magoo} well..we are learning obama ios not punctual
[14:08] {hawkfan4} 2:30, cnbc has a countdown clock going
[14:10] {Threei} if solars get traction off the speech, ESLR .40 break
[14:11] {cosmo} what if he says energy should be free and then push Telsa technology
[14:11] {cosmo} ?
[14:12] {dino} obama getting cocky, making us wait
[14:12] {cosmo} the president is near...
[14:14] {Chaeron} you heard what he said he does after making a speech in front of large crowds, no? He "loves to watch them (crowd) watching me."
[14:15] {cosmo} does he give them stage fright?
[14:16] {Chaeron} lol
[14:16] {dino} why not wait until after close
[14:16] {Threei} isn't it a myth cosmo?
[14:16] {Threei} oh wait
[14:17] {Threei} since when it stopped us from implementation
[14:17] {cosmo} yes...first you do the myth, then the math...
[14:17] {Threei} enter sthanol
[14:17] {Chaeron} dino... I agree... I'd be mad even if my guys would have been elected
[14:17] {Threei} ethanol
[14:18] {cosmo} harness the ionasphere
[14:19] {cosmo} ...for all
[14:22] {Threei} Pickens appeared on TV yesterday, commenting on Obama's energy plan
[14:22] {Threei} if they find commmon ground, CLNE could be a beneficiary
[14:23] {Chaeron} California voters kicked Picken's plan right out the door
[14:23] {Threei} yeah
[14:23] {Threei} he sauid again we will pay 300/barrel soon
[14:23] {Threei} sigh
[14:24] {cosmo} for vodka
[14:29] {Threei} scalp off .20 would have worked again
[14:29] {Chaeron} on SOLF?
[14:29] {Threei} yeah
[14:29] {Chaeron} I'm in .23
[14:29] {Threei} cool :)
[14:29] {Chaeron} stalking ESLR
[14:29] {dawg} still in from .26
[14:30] {Threei} APOL is one more possible beneficiary
[14:30] {dino} you have to admit, he's killing the trading afternoon here
[14:31] {Threei} totally
[14:31] {Threei} ok, it's 2:30
[14:31] {dino} you know, regarding the vodka, $300/barrel isn't bad, whats a barrel, 55 gallons?
[14:32] {elpaso} obama running 10-15 minute late bill clinton redux
[14:33] {Geo} .
[14:33] {Chaeron} What did you expect with Emmanuel? LOL
[14:33] {Threei} rofl
[14:33] {Threei} offering SOLF .42
[14:34] {Threei} maybe just time to take scalp and relax
06[14:34] * Chaeron stabbing steak knife in table over and over again saying "Die!", "Die!", "Die!".... pretty good imitation, eh Threei? :)
[14:34] {Threei} hmmm
[14:35] {Chaeron} not of you.......
[14:35] {Threei} sold
[14:35] {dawg} out all
[14:35] {Threei} wtg
[14:35] {Threei} you chaeron?
[14:35] {Chaeron} still in
[14:35] {dawg} Thanks Vad
[14:35] {Threei} welcome
[14:35] {Threei} aren't you greedy one chaeron
[14:35] {Geo} wow dawg youre the best newcomer in this room by far
[14:36] {dino} gj dawg, you da man
[14:36] {lisa_jay} :-)
06[14:36] * Geo reevaluates his impression of dawgs for vad's benefit
06[14:36] * Threei puts on his decoder ring
[14:38] {dawg} Thanks dino you are really the man though
[14:39] {dawg} Thanks Geo just hanging on to Vad's shirttailss
[14:40] {Geo} arent we all :)
[14:40] {dawg} .)
[14:40] {Threei} that's one disturbing image
[14:40] {Geo} you better have a strong shirt vad
[14:40] {Onix} is
[14:40] {Threei} and reliable dry cleaning service
[14:41] {Onix} Is ESLR still valid at .40 break?
[14:41] {Threei} it's pretty much Obama policy play
[14:42] {Threei} rather than on its own merits
[14:42] {Onix} ok ty
[14:42] {Threei} let' hear what he has to say
[14:42] {Threei} if he is going to say anything
[14:42] {Threei} 12 min late
[14:42] {Chaeron} get use to it
[14:43] {cosmo} hey...first date
[14:44] {Threei} if it was my date - flowers would already go to a litter basket and I would already be calling next in the list
[14:44] {lisa_jay} eslr borke
[14:45] {dino} ohhh mannn swiper, just lost hour of trades, hope not how he does every news alert
[14:45] {Geo} ? dino ?
[14:46] {Geo} lost due to news or stop loss?
[14:46] {Threei} well... we did make money on SOLF today, which is entirely his play
[14:46] {dino} lost because no new trades until he's done
[14:46] {Threei} new prez I mean
[14:46] {Geo} yeah :(
[14:46] {dino} killing my style
[14:46] {Geo} up 27.7... was hoping to get some last our...... :(
[14:46] {cosmo} he's still trying to get out of a position
[14:46] {dino} better not be a pattern or will lose afternoons
[14:46] {dino} lol cosmo
[14:47] {dino} just enter a hard stop tell him
[14:48] {Threei} lol
[14:48] {Threei} CNN says
[14:48] {Threei} he is taking "president is late" tardition to a hwole new level
[14:48] {cosmo} you wouldn't want a pres that does hard stops
[14:49] {Threei} Russian troops marched through Red Square in a diverse array of uniforms to commemorate the anniversary of Stalin's most famous wartime speech
[14:49] {Threei} Staalin's cult is being re-born
[14:50] {Geo} ok so where is the one?
[14:50] {Threei} that one you mean
[14:50] {Geo} lol
[14:50] {Threei} here they are
[14:50] {Geo} i have web stream.... so lag
[14:51] {cosmo} the whole staff?
[14:51] {Geo} 15 member economic advisory i guess
[14:52] {cosmo} volker looks good...
[14:52] {Geo} nothing like fresh power for the heart
[14:54] {magoo} he he short bidu 218.06 out 217.12
[14:54] {magoo} i second
[14:54] {magoo} one
[14:54] {Threei} lol
[14:54] {magoo} 300
[14:55] {Onix} wtg
[14:55] {magoo} sell the news
[14:55] {Onix} magoo & bidu
[14:55] {Threei} economic stimulus
[14:55] {magoo} scalpers regrett comith
[14:56] {Threei} US PRESIDENT ELECT OBAMA: WILL TAKE ALL NECESSARY STEPS IN FIGHT AGAINST CREDIT CRISIS, WILL REMAIN INFORMED BY BUSH ADMINISTRATION UNTIL HANDOVER
[14:56] {Threei} - Notes need for a rescue package for middle class,
[14:56] {Threei} - Needs extension of unemployment benefits, fiscal stimulus plan
[14:56] {Threei} 20 cents scalp UAUA
[14:57] {dino} mkt falling
[14:57] {Threei} - Remarks that transition team is working on additional policies to assist auto industry
[14:58] {Chaeron} man... that was short...
[14:59] {dino} -100
[[14:59] {Geo} weight of chains
[15:00] {Threei} nice greeting by markets
[15:00] {dino} you know patience......
[15:00] {cosmo} looks more...presidential
[15:00] {Threei} feels like another red day in the making
[15:00] {Geo} yup
[15:00] {Geo} shorting shorts
[15:00] {dino} bets? red close
[15:00] {patience} red it is
[15:01] {Chaeron} qid
[15:02] {Threei} sheesh solf
[15:02] {Threei} chaeron, you took your profit??
[15:05] {magoo} crashing mkts
[15:05] {Chaeron} yep... .15... small due to airpocket and stupidity
[15:05] {Onix} the crutches are slpping
[15:06] {Chaeron} and damn... missed QID on retracement... I suck today
[15:06] {magoo} just shorted rimm .50 to .12
[15:06] {Chaeron} nice mags
[15:06] {magoo} and U said i was no go
[15:07] {Chaeron} *I* did????? never... said you were lazy and pregnant, but never said "no go"
[15:07] {dino} idiots, "what kid of dog will you buy?"
[15:07] {Threei} what kind of dog are you going to buy for your kids
[15:07] {Threei} that's the question
[15:07] {Threei} way to go
[15:08] {Threei} world MUST know
[15:08] {Geo} which news service?
[15:08] {Chaeron} Freakin' media
[15:08] {Geo} i wanna know that
[15:08] {Threei} to unsubscribe?
[15:08] {dino} real important, they are celebrities not servants of the public
[15:08] {Geo} i only pay for WSJ and econo
[15:08] {dino} and he's talking about it
[15:08] {Threei} mama mia
[15:08] {dino} my god
[15:08] {Chaeron} for minutes now
[15:09] {Threei} he answers it in greater details than economic questions
[15:09] {Chaeron} not PUBLIC SCHOOL?????????????
[15:09] {Chaeron} what the heck????????
[15:09] {cosmo} hairless dog?
[15:09] {Chaeron} what did you call me cosmo??????
[15:09] {Threei} lol
[15:09] {Geo} better than what ya called magoo
[15:09] {Chaeron} heheh.... true
[15:09] {Geo} but it was good :)
[15:10] {Chaeron} so bad he didn't even trout me... he's in corner crying and licking wounds
[15:10] {magoo} magoo wypes away tears anbd....................
[15:10] {Geo} lke me yesterday
06[15:10] * magoo slaps Chaeron around a bit with a large trout
[15:10] {Chaeron} thanks you girly-man
[15:10] {Chaeron} teasing
[15:10] {Chaeron} I love ya bro
[15:11] {cosmo} i wanna hear stock symblos
[15:11] {Chaeron} market moved up on dog comments...
[15:12] {magoo} ROFLOL
[15:12] {Geo} petco?
[15:12] {magoo} [15:12] {Chaeron} market moved up on dog comments...
[15:12] {Threei} yup, PETS went up about 20 cents
[15:12] {Chaeron} we might close green because of it
[15:13] {Threei} I don't care what you say, I am impressed with depth of preparation and amassed knowledge for buying a dog
[15:14] {Geo} they are all dogs vad
[15:14] {dawg} scalped 10 cents out of UAUA
[15:14] {Threei} wtg dawg
[15:14] {dawg} Thank you sir!
[15:14] {cosmo} i would have guard dogs
[15:15] {Threei} so, aside of dog
[15:15] {Threei} stimulus package is certainty
[15:15] {Threei} auto industry help too, but that was kind of given
[15:16] {cosmo} works projects programs, i say
[15:16] {cosmo} infrastructure
[15:17] {cosmo} 1930's had it
[15:18] {cosmo} CAT
[15:18] {dino} yes, fwlt, sgr, mdr
[15:18] {dino} kbr
[15:19] {cosmo} but not hal
[15:19] {dino} no, i think hal will be snubbed
[15:20] {dino} they are mostly oil now
[15:20] {dino} and cheney will go back there
[15:30] {Threei} new lows are coming
[15:30] {Threei} QID on pullbacks if you can get a rid on fast moves
[15:32] {Threei} got .27
[15:33] {Threei} not ready yet
[15:34] {dawg} 10 cent scalp PETM petsmart in .80 out .91
[15:34] {lisa_jay} :-)
[15:34] {Threei} lol
[15:34] {dawg} arff.)
[15:35] {dino} lol
[15:36] {dawg} .)
[15:37] {Chaeron} guys... gotta go... have a good long weekend... oh and magoo?
06[15:37] * Chaeron slaps magoo around a bit with a large trout
[15:37] {Threei} take care chaeron
[15:37] {magoo} u too bud:0
[15:37] {magoo} oh WAIUTTTTTTTTTTTTT
06[15:37] * magoo slaps Chaeron around a bit with a large trout
[15:38] {Chaeron} :)
[15:38] {dino} cya chaer
[15:57] {magoo} vad..u here ? its important
[15:57] {peterg} I read yesterdays log and appreciate the mention of my humble self
[15:57] {Threei} what? your "have a good weekend" slap?
06[15:57] * magoo slaps Threei around a bit with a large trout
06[15:57] * magoo slaps Threei around a bit with a large trout
06[15:57] * magoo slaps Threei around a bit with a large trout
[15:57] {Threei} there... how did I know that
[15:58] {Threei} peter :)
[15:58] {peterg} Lucy sets up the football
[15:58] {hawkfan4} have a good weekend all
[15:59] {magoo} u been doing great peterg
[15:59] {Threei} thank you all
[15:59] {peterg} thks mags
[15:59] {Threei} have a good weekend, see you all on Monday
[15:59] {lisa_jay} Thanks Vad.
[15:59] {dino} later all
[15:59] {lisa_jay} Bye Dino.
[15:59] {dino} :)
[15:59] {magoo} bye all..have good weekend
[15:59] {lisa_jay} Bye Magoo
[16:00] {dawg} thanks all!
[16:00] {lisa_jay} See ya dawg
[16:06] {dptl} have a good weekend all
Session Time: Fri Nov 07 00:00:00 2008
[08:35] {_maga} good morning
[08:37] {Threei} Good morning RT
[08:40] {amarg} good morning all
[08:41] {Threei} amar :)
[08:42] {_maga} Vad, could you DCC me?
[08:43] {Threei} did
[08:43] {magoo} morn, no replay i see
[08:44] {Threei} you can too, by doubleclicking my name :)
[08:44] {Threei} hi mags
[08:44] {Threei} no... I forgot
[08:44] {Threei} lol
06[08:45] * magoo slaps Threei around a bit with a large trout
[08:45] {lisa_jay} Hi Vad, Magoo, Amar, Maga
[08:45] {_maga} hi Lisa
[08:46] {Threei} lisa :)
[08:46] {magoo} vad, what did we play afterhrs..can not remember SIGH
[08:46] {Threei} qcom
[08:46] {magoo} ty
[08:46] {Threei} yw
[08:46] {Threei} early onset of alzheimer
[08:47] {Threei} (I can relate, onviously)
[08:56] {magoo} vad, working theory here {i know we wait and see..but u have theory} say pop..drop..
[08:56] {magoo} obama speaks at 2pm..idiot timing for mkt..should speak at 4pm
[08:57] {magoo} now his speach gets jerk reactions
[08:57] {Threei} you know, if I would be a market player with really huge capital
[08:57] {Threei} staying on a sideline at the moment,
[08:58] {Threei} I would never commit a cent before hearing what he has to say
[08:58] {amarg} gm lisa
[08:58] {brian3579} gm all
[08:58] {Threei} If I had a little in the market, I would take it out and wait
[08:58] {Threei} brian :)
[08:58] {Threei} if I were fully commited,
[08:58] {Threei} I would close my eyes, put my hands around my head rock back and forth and pray
[08:59] {Onix} Good morning all
[08:59] {Threei} onix :)
[08:59] {Threei} I mean, this guy is a huge unknown to such a degree
[09:00] {Threei} what he does may amount to nothing but fizzle
[09:00] {Threei} or nothing short of revolution
[09:02] {Threei} I just looked at the chart of ALTH... if you remember what event I was hunting for on this one and totally missed, you'll join me in bitter crying and loud screams
[09:03] {Threei} be back in 5
[09:06] {dino} gm all
[09:07] {_maga} hi Dino
[09:07] {lisa_jay} Hey Dino
[09:08] {Threei} dino :)
[09:09] {cosmo} NVDA pre mkt high = 8.86 fwiw
[09:10] {Geo} gm all
[09:10] {lisa_jay} Hi Geo
[09:11] {dino} :)
[09:11] {ese} morning.......
[09:11] {ese} dino
[09:11] {lisa_jay} Hi Ese
[09:11] {ese} lisa....
[09:13] {Threei} geo, ese :)
[09:17] {ese} reasonable numbers from NVDA last night considering the circumstances and market
[09:17] {dptl} good morning all
[09:17] {Threei} dp :)
[09:18] {ese} dp....are you under water this morning
[09:18] {dptl} :) well not yet...but it's still raining like 3rd day
[09:18] {ese} it's raining like crazy here on the island.....
[09:19] {Threei} that's OK, Winnipeg got snow yesterday
[09:19] {dptl} there you go......so not complaining
[09:19] {dptl} :)
[09:19] {ese} hmmmmmmm.....indeed lesser of 2 evils for sure
[09:20] {Threei} so... anyone remembers what that was on ALTH were waited for... or alzheimer strikes broadly?
[09:20] {Threei} we waited for
[09:21] {hawkfan4} 7 break
[09:21] {Threei} prize goes to hawk
[09:21] {hawkfan4} cash is preferred :)
[09:25] {magoo} solars could pop today off his speach vad, more likely to mmention 150 billion in clean energy over 10 yrs plan
[09:27] {Threei} sector to watch, yes
[09:31] {peterg} hello?
[09:31] {Threei} hi peter
[09:32] {Onix} hey peter
[09:32] {Threei} Long Setup: UAUA 15 if stays above .80 and NQ reverses to upside
[09:32] {Threei} risky and jumpy
[09:34] {Threei} WHITE HOUSE: STATES THAT IT HAS NECCESSARY TOOLS TO SOLVE HOUSING AND CREIDT MARKET ISSUES
[09:34] {Threei} why don't you employ them then
[09:35] {Onix} in uaua
[09:36] {lisa_jay} Thanks Vad UAUA 13c on 200 shares.
[09:36] {Threei} lisa likes to start the day with profit
[09:36] {Threei} (can't blame her really)
[09:36] {Threei} market weakens
[09:37] {dino} poru hl l .65
[09:38] {dino} pru
[09:40] {Onix} uaua stopped
[09:40] {magoo} qcom vad...made it all back
[09:40] {Threei} amazing really
[09:41] {magoo} hit 29.80
[09:41] {Threei} bodes well for the beginning of bull market
[09:41] {Threei} bad news get ignored
[09:41] {cosmo} nvda
[09:41] {Threei} Long Setup: NVDA .86
[09:41] {Threei} stop under .70
[09:41] {cosmo} testing .86
[09:41] {magoo} in
[09:44] {Threei} sheesh
[09:44] {dptl} stopped nvda
[09:44] {magoo} i want a free mointh vad
[09:44] {magoo} u killing me
[09:44] {Onix} stopped nvda
[09:45] {amarg} is O a short today?
[09:51] {lisa_jay} Sigh...my trading platform went nuts...looped orders so down for the day.
[09:51] {dino} gap fill coming
[09:52] {dino} pattern has been fill and up
[09:52] {cosmo} CSCO hod
[09:53] {Chaeron} good morning all
[09:53] {Geo} wow chaer
[09:59] {Geo} .
[09:59] {magoo} ..
[09:59] {hawkfan4} ...
[10:01] {magoo} monster spike
[10:02] {dino} out pru .65, +1.00 hl
[10:02] {magoo} c'mon vad..i was kidding
[10:02] {hawkfan4} nice dino
[10:02] {dino} ty
[10:02] {dino} too soon
[10:05] {hawkfan4} not sure why but COIN keeps catching my eye. trying some .55
[10:05] {Chaeron} missed HIG
[10:11] {_maga} looking at forming C&H on MTL
[10:12] {dino} deck?
[10:12] {_maga} to me dino?
[10:14] {lisa_jay} Hawk...is the COIN a swing play or daytrade...was looking at it a swing above 7. Thanks.
[10:14] {dino} no, just letting you know what caught my eye, missed it at .20, just went .80
[10:14] {_maga} ok
[10:15] {hawkfan4} more a swing lisa. looks like it might want to pop back up to between 8 and 9. If it does it today, then daytrade it is :)
[10:15] {dino} hawk the swinger
[10:16] {hawkfan4} swing baby, yeah
[10:18] {Threei} Long Setup: SOLF .36 break, stop under .20
[10:20] {dino} clf sm l .70
[10:22] {magoo} nice SOLF vad
[10:22] {Chaeron} nice one SOLF... missed tho.
[10:22] {dino} out clf .25, +.55
[10:24] {hawkfan4} nice dino, nice vad, nice morning
[10:25] {Geo} in .39 all out .65
[10:25] {Geo} Ty vad
[10:25] {Chaeron} Gasoline prices under $2.00 in TX... nice
[10:25] {Threei} welcome
[10:26] {dawg} still in from 7.40
[10:26] {lisa_jay} Nice one Vad.
[10:26] {dawg} taking 1/2 here
[10:32] {dptl} all out solf ty
[10:32] {Chaeron} Vad, just heard Volker is 82, fyi
[10:32] {dawg} stop to break even on last 1/2
[10:33] {Threei} yes Chaeron
[10:33] {Threei} can't imagine him stocking around for long
[10:34] {cosmo} vogons can live for 200 years ...
[10:35] {magoo} thats vulcans lol
[10:35] {Chaeron} Robert Riesch (sp?) up for nod too...
[10:36] {cosmo} mags.....Hitchhiker's Guide to the Galaxy
[10:39] {dawg} all out SOLF 7.70
[10:40] {dawg} thanks Vad great call
[10:40] {Threei} welcome
[10:43] {ese} long aaapl....
[10:44] {ese} .22
[10:44] {ese} 3/4
[10:45] {ese} out aapl .78
[10:46] {Threei} wtg
[10:46] {ese} +.56 on 3/4 lot
[10:46] {ese} nice way to finnish the week
[10:52] {ese} hmmmmm thought my aapl oreder was going to be rejected....just barely made that one on margin....
[10:52] {Geo} scanners dead here
[10:53] {ese} too much cash now in NVDA and ESLR and bought a couple of lots of CSIQ as well
[10:56] {ese} i think my scanners are dead as Geo.......
[10:57] {ese} oops something moved
[10:59] {ese} hear the one about a guy who put iodine on his paycheck because he got a cut in Pay????
[10:59] {lisa_jay} Lol.
[10:59] {peterg} :)
[10:59] {ese} took a roll of toilet paper to a CRAP GAME????
[11:00] {ese} thouhgt that manual labor was the president of Mexico???
[11:00] {ese} spent 4 days in SEARS looking for wheels for a miscarrage????
[11:01] {ese} had an inate ability to drown in a parking lot puddle????
[11:02] {Geo} lol@ese
[11:02] {ese} good one!!!
[11:02] {Geo} looks like your joke scanner is working :)
[11:04] {ese} ya...well.....some days your standing at the crossing gates....the lights are flashing....but the train just ain't comin???
[11:05] {Geo} I am net 4.87 for the day :)
[11:05] {Threei} GM
[11:05] {Threei} HALTED: NEWS PENDING
[11:05] {Chaeron} rare
[11:05] {lisa_jay} Did they earnings this morning?
[11:05] {ese} thats a right ON geo.....
[11:05] {lisa_jay} *have
[11:06] {Threei} 10:42am [GM] Delaying Q3 results, expects release shortly
[11:06] {ese} bankrupcy?
[11:06] {lisa_jay} Thanks Vad.
[11:07] {magoo} cant be good
[11:09] {magoo} vad, u see a qid trade setting up?
[11:09] {ese} can't be good is you out there hunting with a bow and arrow there mags in questionable conditions.....
[11:09] {ese} we need you the board.......
[11:09] {Threei} with GM unknown ahead, wouldn't take any position in QID
[11:10] {dino} back, kicked out again
[11:10] {dino} hit qcom s .76, cov .36
[11:10] {Threei} as SOLF pulled back into support, watching it for bounce if market reverses
[11:10] {dino} watching athn, deck, clf again
[11:10] {Threei} also APOL
[11:11] {dino} kbr too
[11:12] {lisa_jay} Vad, for supports - U look for an area (or range of 10c)?
[11:12] {lisa_jay} Thanks.
[11:12] {Threei} previous resistance, broken earlier and becoming new support
[11:17] {dino} sm l athn .98
[11:17] {dino} gappy one, careful
[11:17] {magoo} rimm fooled me today
[11:17] {Threei} you want to see ultimate definition of "fooled", look at NVDA chart
[11:18] {Threei} wtf was that?
[11:18] {dino} hey!!!!!!
[11:18] {magoo} and vad...NVDA usually does not move like that
[11:19] {Threei} no
[11:19] {dino} upgraded everywhere today
[11:19] {ese} i'm likin the way NVDA looks ........but thats just me
[11:19] {Threei} GM
[11:20] {Threei} REPORTS Q3 -$4.45 V -$3.70E, R $37.9B V $39.4BE
[11:20] {Threei} - Global market share 13% -0.7% y/y
[11:20] {Threei} - Q3 impairment charge
[11:20] {Threei} - GM reported charges of $652M relating to its commitments as part of Delphi's bankruptcy proceedings, $251M for impairment of investments in GMAC, and $641M in restructuring-related and other charges.
[11:20] {ese} hawk your long a couple NVDA too arn't you?
[11:20] {hawkfan4} i sold before earnings, 8 ish
[11:21] {ese} nice.......
[11:21] {dino} qcom sm s again, .10
[11:27] {Threei} - Even if GM implements the planned operating actions that are substantially within its control, GM's estimated liquidity during the remainder of 2008 will approach the minimum amount necessary to operate its business.
[11:27] {Threei} - Looking into the first two quarters of 2009,the company's estimated liquidity will fall significantly short of that amount unless economic and automotive industry conditions significantly improve, it receives substantial proceeds from asset sales, takes more aggressive working capital initiatives, gains access to capital markets and other private sources of funding, receives government funding under one or more current or future programs, or some combination of the foregoing.
[11:27] {Threei} - The success of GM's plans necessarily depends on other factors, including global economic conditions and the level of automotive sales, particularly in the United States and Western Europe.
[11:27] {Threei} - Expects adjusted operating cash flow in Q4 to be much improved q/q, and more consistent with the first half of the year
[11:27] {Threei} - Will announce further information on liquidity in 8-K later today
[11:29] {Onix} yes GM should do very well, the government is gong to "give" billions, just like AIG
[11:30] {Threei} GM open
[11:30] {Threei} *SEPT PENDING HOME SALES M/M: -4.6% V -3.4%E
[11:30] {Geo} comon vad
[11:30] {Geo} give us some good news.... its friday
[11:31] {Onix} we going for -500 today?
[11:31] {Threei} strangely enough, doesn't look this way fo now
[11:31] {Threei} with this endless carpet-bombing of bad news, market stays green
[11:32] {dino} qcom stopped -.22
[11:32] {Threei} we got job numbers worst ever, GM, housing sales
[11:32] {ese} oversold to my thinking vad.....
[11:32] {Threei} and still no selloff
[11:32] {patience} now who has a never ending supply of money to keep the markets green
[11:32] {Threei} this is price/information divergence
[11:33] {Threei} if not for the major policy speech ahead, I'd say we rally
[11:33] {dino} how bottoms form
[11:33] {Threei} we still may
[11:33] {Threei} exactly dino
[11:33] {Threei} bleakest news posible
[11:33] {dino} time will tell, imo 8100 must hold or all bets off
[11:33] {Threei} yet market refuses to go down
[11:33] {Threei} if this happens today, bottom is in
[11:34] {lisa_jay} Obama at 2 today. Hope he does not disappoint.
[11:34] {Threei} barring speech announcing taxing your breathing and giving proceeds to those who is too lazy to even breathe
[11:34] {dino} disappoint, we still haven't closed positive w/him pres. elect
[11:34] {dino} thats the problem
[11:34] {Threei} GM low from 10/10 is 4
[11:35] {lisa_jay} :-)
[11:35] {magoo} u see how low ford is?
[11:35] {Threei} yeah lisa... what is it he can say that inspires vs disappoints...
[11:35] {dino} athn broken, stopped again, done w/it
[11:35] {Threei} I mean, he talks well
[11:35] {Threei} but is it enough at this stage?
[11:36] {Threei} F is within 4 cents from that low
[11:37] {dino} tax and spend. thats what he will say. giving it to uaw now
[11:38] {Onix} it seems as if the market is teetering on broken crutches ... govenment bailouts propping it up
[11:38] {Threei} market shows some signs of life even with GM dropping
[11:38] {Threei} well Onix... that's a lot of money sitting on sideline
[11:38] {Threei} it needs to find outlet
[11:40] {Onix} true, but with so many people loosing jobs and retail spending going down so much, how can market go up?
[11:40] {Threei} it will when it feels like economy's bottom is in sight
[11:41] {Threei} market is future-discounting mechanism
[11:41] {Threei} it will go up much earlier than economy shows real signs of recovery'
[11:42] {Onix} ok i think i understand a little better now, thanks
[11:42] {Threei} practical outcome of it is,
[11:42] {Threei} smart money will position itself for the recovery in dvance,
[11:43] {Threei} crowd will join only when economy recovers,
[11:43] {Threei} paying much higher prices in the market
[11:43] {Threei} and smart money will be waiting for panic buying by those who feel they miss the train
[11:43] {Threei} and unload into their buying
[11:44] {Geo} in .1 out .3 GM
[11:44] {Onix} like Buffett going for GE @ $27 and it is now @ @19?
[11:44] {Geo} 200 shares only
[11:45] {Threei} ask Buffet why he did it
[11:45] {dino} cls sm l .80
[11:45] {Threei} his time horizons and ability to wait it out are different,
[11:46] {Threei} so are the conditions under which he buys
[11:46] {Threei} as far as I remember, his GS and GE buys were not simply open market investements
[11:46] {ese} outta here for the long weekend all.....take care
[11:46] {Threei} take care ese
[11:46] {Threei} those were preferred shares
[11:46] {hawkfan4} cya es
[11:47] {Onix} true, he got 10% interest deals as well i think
[11:47] {Threei} you or I are not really privileged to buy like that, are we
[11:47] {Onix} no way!!!!
[11:47] {Onix} not me, maybe yo
[11:52] {Threei} Qs is a long off 31
[11:52] {Threei} first strength
[11:53] {Threei} stop under .95
[11:53] {Threei} half out .11
[11:53] {Threei} scalpers get out
[11:54] {dawg} half out .14
[11:54] {Threei} stop .99 for the balance
[11:58] {Threei} stop to .05
[11:59] {dawg} ok
[11:59] {Threei} out 1/4 more .22
[11:59] {Threei} stop to .09
[12:00] {dawg} ok
[12:00] {Threei} trying to milk this one
[12:00] {dawg} still holding 1/2
[12:03] {dawg} out 3/4
[12:04] {Threei} oput in full
[12:04] {Threei} .31
[12:04] {dawg} out inf full
[12:04] {Chaeron} great one Vad... missed that one too tho :(
[12:04] {dawg} .31
[12:04] {dawg} great call Vad thank you
[12:05] {Threei} welcome sir
[12:05] {dawg} .)
[12:07] {dino} gj dawg
[12:07] {lisa_jay} Hawk, COIN up above 7.
[12:07] {dawg} thanks dino Vad's calling em
[12:07] {Threei} with 7 cents stop, that was 1:4
[12:07] {lisa_jay} Vad, no trades for me...something is happening with my platform.
[12:07] {magoo} nice one vad..u are BACK!
[12:08] {Geo} lol
[12:08] {Threei} you took it mags?
[12:08] {Geo} cN YOU SAY FICKLE?
[12:08] {dino} you pulled the trigger tho
[12:08] {Geo} oops
[12:08] {hawkfan4} :) im liking it, thx lisa
[12:08] {Threei} lisa... what's happening?
[12:08] {dawg} you had some great ones today also dino
[12:08] {Geo} what platform?
[12:08] {dino} running about 50/50, but up
[12:09] {dawg} good dino!
[12:09] {lisa_jay} Looping of orders...they are fixing. Say I am up, and flat.
[12:09] {magoo} yes boss
[12:10] {Threei} I am yet to understand this... but whatever :)
[12:10] {Threei} I mean, 2 stops?
[12:10] {Threei} so what?
[12:10] {Threei} 15 cents and 20 cents
[12:11] {Threei} then SOLF comes around for about 30 cents
[12:11] {Threei} Qs for about the same
[12:12] {Threei} such emotional peaks and valleys... snow whites
[12:13] {Geo} snowwhites
[12:13] {Geo} lol
[12:13] {Geo} i am going to use that on someone today
[12:13] {Threei} I prefer trout- swinging unemotional badly shaven cowboys
[12:13] {Threei} (ladies excluded)
[12:13] {Geo} yeah that would be one sight
[12:13] {Geo} umm you prefer them vad?
[12:14] {Threei} as a trading comrades
06[12:14] * magoo slaps Threei around a bit with a large trout
[12:14] {Threei} and if you think of more comments in that direction, be careful
[12:14] {Threei} there you go
[12:14] {Geo} comrades seems to the word these days
[12:14] {Threei} magoo is back too
[12:14] {magoo} i only shave sunday nite..go all week
[12:14] {Threei} (thank goodness)
[12:14] {dino} i see and i prefer beer over wine
[12:14] {hawkfan4} i finally gave up and grew a beard
[12:14] {Geo} i treat my beer like wine
[12:14] {magoo} but by friday..must unless out huntin'
[12:15] {Geo} i swirl it in the bottle before drinking
[12:15] {dino} lol
[12:15] {magoo} i thought u were female hawk ROFLOL
[12:15] {Threei} I need chaeron's confirmation that you are not pouring champagne in your beer geo
06[12:16] * Chaeron slaps Geo around a bit with a large trout
[12:16] {hawkfan4} lol :)
[12:16] {Geo} you never heard of the bearded lady magoo?
06[12:16] * hawkfan4 slaps magoo around a bit with a large trout
06[12:16] * Geo slaps hawkfan4 around a bit with a large trout
[12:16] {Threei} CHRYSLER CEO: NEITHER CONFIRMING NOR DENYING WHETHER THE COMPANY IS HOLDING PRIVATE BUSINESS MEETINGS, IN ANSWER TO A QUESTION REGARDING ACQUISITIONS
[12:16] {Threei} - Company is significantly challenged by the economic environment.
[12:17] {dino} oh contrare. these auto companies have been challenged for 10+ year
[12:17] {Geo} can we just cancel all govt pensions
[12:18] {Geo} youdd see some serious shrinking :)
[12:18] {Geo} no one will apply
[12:19] {Threei} aside of general economy standing and people's desire and ability to buy their cars,
[12:20] {Threei} they face huge challenge on the path to financial health: all the social obligations
[12:20] {Threei} unions, health benefits, pensions
[12:20] {Threei} they would have to trim a lot of fat to becomne leaner and healthier
[12:20] {Threei} now,
[12:20] {Threei} does it go in line with new prez program?
[12:22] {dino} what should happen is bankruptcy, common worthless, union contracts voided, etc. bondholders get new common and string survive. whatever happened to capitalism?
[12:22] {dino} strong
[12:22] {dino} too much capacity
[12:23] {Threei} capitalism discredited itself dino... haven't you heard?
[12:23] {Threei} brotherly love is in
[12:23] {Threei} you are magoo's keeper
[12:24] {elpaso} dino, democracies are not historically long lived. when the majority start to vote themselves benefits at the expense of the state it is shortly finished.
[12:24] {dino} dino walks away from it all
[12:24] {Threei} I go with you
[12:24] {Threei} I bring beer
[12:24] {Threei} tell magoo to catch up as soon as he skins the deer
[12:25] {Threei} atlas is about to shrug elpaso, eh?
[12:26] {dino} ok to the cabin
[12:28] {magoo} just packing the backstraps vad...wait up and crack me a brew
[12:28] {Threei} I promise
[12:29] {Threei} COIN does look good hawk... beautiful find
[12:29] {magoo} i loikre rimm sh off 49..
[12:29] {hawkfan4} thanks, so far so good
[12:30] {Threei} F CEO: OUR LIQUIDITY IS SUFFICIENT FOR NOW - CONF CALL
[12:31] {Threei} FED'S LOCKHART: DO NOT COUNT ON EXPORTS TO SAVE THE US, PROBLEMS WILL RISE MORE, SIGNS OF IMPROVING CREDIT MARKETS MAY BE A FALSE DAWN
[12:31] {Threei} what are they all doing today?
[12:31] {Chaeron} hey... were you guys going to leave without me?????/
[12:32] {dptl} is that a long weekend?
[12:32] {dino} don't tell him
[12:32] {Threei} we were going to spread bread crumbs, chaeron
[12:32] {Threei} lol
[12:32] {Threei} no dp
[12:32] {Threei} FED'S LOCKHART: US HOUSE PRICES MUST STOP FALLING, A RISING DOLLAR AND STRUGGLING WORLD ECONOMY HURTING EXPORTS
[12:33] {Chaeron} oh well, I'll just keep my Vodka
[12:33] {dino} ok, tell him
[12:33] {hawkfan4} lol
[12:33] {Chaeron} you guys forget I bartended for many years and am handy to have around.........
[12:37] {dino} handy to have around...hmm i gues he could wait on us
[12:38] {elpaso} I don't know about that Threei, one thing that amazes me about western democracies is that there are many generous wealthy people. More than Ms. Rand imagined.
[12:39] {Chaeron} Wait on you? Wait on this:
06[12:39] * Chaeron slaps dino around a bit with a large trout
[12:40] {Threei} well... we shall see in fullness of time...
[12:40] {Threei} I just have this nagging suspicion that it's one thing to give when you can
[12:40] {Threei} and completely another to be made to give, without asking your opinion
[12:41] {dino} ouch...not sure we want that attitude
[12:42] {Threei} I lived in society where distribution was as even as you can get
[12:42] {Threei} not oretty
[12:42] {Threei} motivation is zero
[12:43] {Threei} lazy bastards are kings
[12:43] {Threei} hard workers are slaves
[12:43] {dino} want proof, rent to a couple section 8 tenants, ugh!
[12:44] {dino} never again, nice homes wrecked in weeks, then they complain stuff is broken and brag that they are knocked up w/o marriage, because they get more govt checks
[12:44] {magoo} quit referring to me as lazy
[12:45] {Chaeron} magoo, you rent from dino?
[12:45] {Chaeron} :))
[12:45] {dino} lol
[12:46] {dino} not anymore he doesn't
[12:46] {Threei} rofl
[12:46] {Chaeron} not since he was knocked up..
[12:46] {dino} :)
[12:49] {peterg} you guys are on a Friday roll! :)
[12:54] {Threei} lol
[12:58] {dino} you should see magoos rolls, more than bakery
[12:59] {Threei} anyone did a few SOLF scalps on bounces?
[12:59] {Threei} or no one pays attention?
[12:59] {magoo} actually..i hit fslr twice
[12:59] {Threei} how did it take it?
[13:02] {lisa_jay} Solf Scalps Vad? How to play them?
[13:03] {Threei} look at 1 min
[13:03] {Threei} bounces from clear support levels
[13:03] {Threei} roughly coordinated with market moves
[13:03] {Threei} first time when it dropped into .40, I mentioned it
[13:03] {Threei} it went over .60
[13:04] {Threei} then did a few of the same kind of bounces from .30 and .20
[13:04] {dino} clf stop to .28
[13:06] {lisa_jay} Ok, thanks Vad.
[13:06] {dino} to .39
[13:07] {lisa_jay} Is this type of set up more likely to work on certain days vs others?
[13:08] {dino} out +.59
[13:10] {Threei} it's quite standard setup lisa
[13:11] {Threei} just gotta observe and make sure it's happening
[13:11] {Threei} stops are failry tight on this kind
[13:11] {Threei} you buy very close to support, so your stop in just under
[13:11] {lisa_jay} Do we wait for the strength to enter?
[13:11] {Threei} watch it right now:
[13:11] {lisa_jay} Ok
[13:11] {Threei} it retreated into .20 support,
[13:12] {Threei} NQ weakness took it there
[13:12] {Threei} now, NQ reverses, so should SOLF
[13:12] {Threei} watch NQ, keep your finger on a trigger with limit .25-.26
[13:13] {Threei} NQ upticking, big bid jumped in
[13:15] {lisa_jay} Paper trading this Vad, Stop where?
[13:15] {Threei} .20 if getting hit
[13:15] {Threei} if we had bids just under .20, then stop would there
[13:15] {lisa_jay} Thanks
[13:15] {Threei} but there are none at the moment
[13:15] {Threei} so have to exit if .20 getting sold
[13:17] {Threei} (US) TREASURY'S KASHKARI: SEEDS OF THE CURRENT CRISIS WERE PLANTED OVER THE LAST DECADE, HAS NOT RULED OUT PROVIDING FUNDS OUTSIDE THE FINANCIAL SECTOR
[13:17] {Threei} - Declines in housing prices are not over yet, home prices adjust downward very slowly.
[13:17] {Threei} - Government intervention has unintended consequences, yet taxpayers are helped when failing banks are taken over
[13:17] {Threei} - Markets remain fragile despite intervention, although there have been signs of improvement since the implementation of TARP began. Compensation rules under TARP "have teeth.", prudent acquisitons by participating banks are reasonable
[13:17] {Threei} - Prudent banking mergers could be beneficial. Treasury does not want to micromanage banks. Treasury will not exercise voting rights in banks
[13:17] {Threei} FED'S LOCKHART: FED COULD OPERATE WITH A FED FUNDS RATE AT 0%, US REMAINS 'CREDITWORTHY'
[13:17] {Threei} - Remarks that National Debt remains in acceptable boundaries
[13:19] {Threei} FORMER FED CHAIR GREENSPAN: HOUSING PRICES 'CRITICAL' IN ABILITY TO CALL A BOTTOM IN THE MARKET
[13:19] {Threei} how come this guy just won't go away
[13:19] {elpaso} threei, is there something about the way solf trades in spurts that you like? the level 2 is easy to read when its not moving much.
[13:20] {Threei} well, I like stocks that trade more smoothly as a rule
[13:20] {Threei} but it's personality is different
[13:22] {Threei} market is hesitant
[13:22] {Threei} need NQ to break 1270 for the trade to gain legs
[13:26] {hawkfan4} QLD .19, stop .07
[13:28] {magoo} barak got mkt on freeze here
[13:29] {Threei} here comes NQ
[13:29] {Threei} here comes SOLF
[13:29] {magoo} u in
[13:29] {Threei} .22
[13:29] {Threei} don't chase
[13:30] {Chaeron} I got .26 a bit ago... :(
[13:30] {Threei} that's fine
[13:30] {Threei} no buying now
[13:30] {Chaeron} oh ok... *whew*
[13:30] {Threei} next spike is exit, so now room for new buys
[13:31] {Threei} and if NQ gives up and .30 geting hit, get out
[13:31] {Chaeron} you mean NO room for new buys?
[13:31] {dawg} also in from .26 back aways
[13:31] {Threei} right
[13:34] {Threei} hmmm
[13:34] {Threei} ho.56 print was above the market, lol
[13:34] {Threei} someone's eager
[13:35] {Threei} .36 print
[13:35] {magoo} dammit..that was my entry
[13:36] {Threei} lol
[13:36] {Threei} NQ loses will to live
[13:38] {Threei} magoo... no need to buy all SOLF there is, really
[13:38] {Threei} what's with those huge positions
[13:39] {Threei} or was that your partial
[13:41] {Threei} FORMER FED CHAIR GREENSPAN: HOUSING PRICES 'CRITICAL' IN ABILITY TO CALL A BOTTOM IN THE MARKET, EXPECTS PRICES TO FALL ANOTHER 5-10%
[13:41] {Threei} - Remarks that the US is still creating 'toxic' assets, sees Q4 GDP down 'significantly'{
[13:41] {Chaeron} out... +.01
[13:41] {Chaeron} have to run out for a sec
[13:41] {Threei} didn't qwuite work out, but you see how safe it was?
[13:43] {hawkfan4} stopped qld -.13
[13:54] {lisa_jay} yes. Thanks for going over it Vad.
[13:57] {Chaeron} try SOLF again here?
[13:58] {Threei} looks fine chart wise, but the closer we are to the speech, the less meaningful are moves
[13:59] {Threei} imagine prez saying we go solar all in,
[13:59] {Threei} thing explodes to 8 or 9 or 15 or whatever
[13:59] {Threei} imagine him saying, well, money's tough, will have to put it on hold for now
[14:00] {Threei} thind drops to 2
[14:00] {Threei} lol
[14:01] {hawkfan4} i'd give it a try at 2
[14:01] {lisa_jay} :-)
[14:03] {magoo} sell the news reaction to speach is my bet
[14:08] {magoo} well..we are learning obama ios not punctual
[14:08] {hawkfan4} 2:30, cnbc has a countdown clock going
[14:10] {Threei} if solars get traction off the speech, ESLR .40 break
[14:11] {cosmo} what if he says energy should be free and then push Telsa technology
[14:11] {cosmo} ?
[14:12] {dino} obama getting cocky, making us wait
[14:12] {cosmo} the president is near...
[14:14] {Chaeron} you heard what he said he does after making a speech in front of large crowds, no? He "loves to watch them (crowd) watching me."
[14:15] {cosmo} does he give them stage fright?
[14:16] {Chaeron} lol
[14:16] {dino} why not wait until after close
[14:16] {Threei} isn't it a myth cosmo?
[14:16] {Threei} oh wait
[14:17] {Threei} since when it stopped us from implementation
[14:17] {cosmo} yes...first you do the myth, then the math...
[14:17] {Threei} enter sthanol
[14:17] {Chaeron} dino... I agree... I'd be mad even if my guys would have been elected
[14:17] {Threei} ethanol
[14:18] {cosmo} harness the ionasphere
[14:19] {cosmo} ...for all
[14:22] {Threei} Pickens appeared on TV yesterday, commenting on Obama's energy plan
[14:22] {Threei} if they find commmon ground, CLNE could be a beneficiary
[14:23] {Chaeron} California voters kicked Picken's plan right out the door
[14:23] {Threei} yeah
[14:23] {Threei} he sauid again we will pay 300/barrel soon
[14:23] {Threei} sigh
[14:24] {cosmo} for vodka
[14:29] {Threei} scalp off .20 would have worked again
[14:29] {Chaeron} on SOLF?
[14:29] {Threei} yeah
[14:29] {Chaeron} I'm in .23
[14:29] {Threei} cool :)
[14:29] {Chaeron} stalking ESLR
[14:29] {dawg} still in from .26
[14:30] {Threei} APOL is one more possible beneficiary
[14:30] {dino} you have to admit, he's killing the trading afternoon here
[14:31] {Threei} totally
[14:31] {Threei} ok, it's 2:30
[14:31] {dino} you know, regarding the vodka, $300/barrel isn't bad, whats a barrel, 55 gallons?
[14:32] {elpaso} obama running 10-15 minute late bill clinton redux
[14:33] {Geo} .
[14:33] {Chaeron} What did you expect with Emmanuel? LOL
[14:33] {Threei} rofl
[14:33] {Threei} offering SOLF .42
[14:34] {Threei} maybe just time to take scalp and relax
06[14:34] * Chaeron stabbing steak knife in table over and over again saying "Die!", "Die!", "Die!".... pretty good imitation, eh Threei? :)
[14:34] {Threei} hmmm
[14:35] {Chaeron} not of you.......
[14:35] {Threei} sold
[14:35] {dawg} out all
[14:35] {Threei} wtg
[14:35] {Threei} you chaeron?
[14:35] {Chaeron} still in
[14:35] {dawg} Thanks Vad
[14:35] {Threei} welcome
[14:35] {Threei} aren't you greedy one chaeron
[14:35] {Geo} wow dawg youre the best newcomer in this room by far
[14:36] {dino} gj dawg, you da man
[14:36] {lisa_jay} :-)
06[14:36] * Geo reevaluates his impression of dawgs for vad's benefit
06[14:36] * Threei puts on his decoder ring
[14:38] {dawg} Thanks dino you are really the man though
[14:39] {dawg} Thanks Geo just hanging on to Vad's shirttailss
[14:40] {Geo} arent we all :)
[14:40] {dawg} .)
[14:40] {Threei} that's one disturbing image
[14:40] {Geo} you better have a strong shirt vad
[14:40] {Onix} is
[14:40] {Threei} and reliable dry cleaning service
[14:41] {Onix} Is ESLR still valid at .40 break?
[14:41] {Threei} it's pretty much Obama policy play
[14:42] {Threei} rather than on its own merits
[14:42] {Onix} ok ty
[14:42] {Threei} let' hear what he has to say
[14:42] {Threei} if he is going to say anything
[14:42] {Threei} 12 min late
[14:42] {Chaeron} get use to it
[14:43] {cosmo} hey...first date
[14:44] {Threei} if it was my date - flowers would already go to a litter basket and I would already be calling next in the list
[14:44] {lisa_jay} eslr borke
[14:45] {dino} ohhh mannn swiper, just lost hour of trades, hope not how he does every news alert
[14:45] {Geo} ? dino ?
[14:46] {Geo} lost due to news or stop loss?
[14:46] {Threei} well... we did make money on SOLF today, which is entirely his play
[14:46] {dino} lost because no new trades until he's done
[14:46] {Threei} new prez I mean
[14:46] {Geo} yeah :(
[14:46] {dino} killing my style
[14:46] {Geo} up 27.7... was hoping to get some last our...... :(
[14:46] {cosmo} he's still trying to get out of a position
[14:46] {dino} better not be a pattern or will lose afternoons
[14:46] {dino} lol cosmo
[14:47] {dino} just enter a hard stop tell him
[14:48] {Threei} lol
[14:48] {Threei} CNN says
[14:48] {Threei} he is taking "president is late" tardition to a hwole new level
[14:48] {cosmo} you wouldn't want a pres that does hard stops
[14:49] {Threei} Russian troops marched through Red Square in a diverse array of uniforms to commemorate the anniversary of Stalin's most famous wartime speech
[14:49] {Threei} Staalin's cult is being re-born
[14:50] {Geo} ok so where is the one?
[14:50] {Threei} that one you mean
[14:50] {Geo} lol
[14:50] {Threei} here they are
[14:50] {Geo} i have web stream.... so lag
[14:51] {cosmo} the whole staff?
[14:51] {Geo} 15 member economic advisory i guess
[14:52] {cosmo} volker looks good...
[14:52] {Geo} nothing like fresh power for the heart
[14:54] {magoo} he he short bidu 218.06 out 217.12
[14:54] {magoo} i second
[14:54] {magoo} one
[14:54] {Threei} lol
[14:54] {magoo} 300
[14:55] {Onix} wtg
[14:55] {magoo} sell the news
[14:55] {Onix} magoo & bidu
[14:55] {Threei} economic stimulus
[14:55] {magoo} scalpers regrett comith
[14:56] {Threei} US PRESIDENT ELECT OBAMA: WILL TAKE ALL NECESSARY STEPS IN FIGHT AGAINST CREDIT CRISIS, WILL REMAIN INFORMED BY BUSH ADMINISTRATION UNTIL HANDOVER
[14:56] {Threei} - Notes need for a rescue package for middle class,
[14:56] {Threei} - Needs extension of unemployment benefits, fiscal stimulus plan
[14:56] {Threei} 20 cents scalp UAUA
[14:57] {dino} mkt falling
[14:57] {Threei} - Remarks that transition team is working on additional policies to assist auto industry
[14:58] {Chaeron} man... that was short...
[14:59] {dino} -100
[[14:59] {Geo} weight of chains
[15:00] {Threei} nice greeting by markets
[15:00] {dino} you know patience......
[15:00] {cosmo} looks more...presidential
[15:00] {Threei} feels like another red day in the making
[15:00] {Geo} yup
[15:00] {Geo} shorting shorts
[15:00] {dino} bets? red close
[15:00] {patience} red it is
[15:01] {Chaeron} qid
[15:02] {Threei} sheesh solf
[15:02] {Threei} chaeron, you took your profit??
[15:05] {magoo} crashing mkts
[15:05] {Chaeron} yep... .15... small due to airpocket and stupidity
[15:05] {Onix} the crutches are slpping
[15:06] {Chaeron} and damn... missed QID on retracement... I suck today
[15:06] {magoo} just shorted rimm .50 to .12
[15:06] {Chaeron} nice mags
[15:06] {magoo} and U said i was no go
[15:07] {Chaeron} *I* did????? never... said you were lazy and pregnant, but never said "no go"
[15:07] {dino} idiots, "what kid of dog will you buy?"
[15:07] {Threei} what kind of dog are you going to buy for your kids
[15:07] {Threei} that's the question
[15:07] {Threei} way to go
[15:08] {Threei} world MUST know
[15:08] {Geo} which news service?
[15:08] {Chaeron} Freakin' media
[15:08] {Geo} i wanna know that
[15:08] {Threei} to unsubscribe?
[15:08] {dino} real important, they are celebrities not servants of the public
[15:08] {Geo} i only pay for WSJ and econo
[15:08] {dino} and he's talking about it
[15:08] {Threei} mama mia
[15:08] {dino} my god
[15:08] {Chaeron} for minutes now
[15:09] {Threei} he answers it in greater details than economic questions
[15:09] {Chaeron} not PUBLIC SCHOOL?????????????
[15:09] {Chaeron} what the heck????????
[15:09] {cosmo} hairless dog?
[15:09] {Chaeron} what did you call me cosmo??????
[15:09] {Threei} lol
[15:09] {Geo} better than what ya called magoo
[15:09] {Chaeron} heheh.... true
[15:09] {Geo} but it was good :)
[15:10] {Chaeron} so bad he didn't even trout me... he's in corner crying and licking wounds
[15:10] {magoo} magoo wypes away tears anbd....................
[15:10] {Geo} lke me yesterday
06[15:10] * magoo slaps Chaeron around a bit with a large trout
[15:10] {Chaeron} thanks you girly-man
[15:10] {Chaeron} teasing
[15:10] {Chaeron} I love ya bro
[15:11] {cosmo} i wanna hear stock symblos
[15:11] {Chaeron} market moved up on dog comments...
[15:12] {magoo} ROFLOL
[15:12] {Geo} petco?
[15:12] {magoo} [15:12] {Chaeron} market moved up on dog comments...
[15:12] {Threei} yup, PETS went up about 20 cents
[15:12] {Chaeron} we might close green because of it
[15:13] {Threei} I don't care what you say, I am impressed with depth of preparation and amassed knowledge for buying a dog
[15:14] {Geo} they are all dogs vad
[15:14] {dawg} scalped 10 cents out of UAUA
[15:14] {Threei} wtg dawg
[15:14] {dawg} Thank you sir!
[15:14] {cosmo} i would have guard dogs
[15:15] {Threei} so, aside of dog
[15:15] {Threei} stimulus package is certainty
[15:15] {Threei} auto industry help too, but that was kind of given
[15:16] {cosmo} works projects programs, i say
[15:16] {cosmo} infrastructure
[15:17] {cosmo} 1930's had it
[15:18] {cosmo} CAT
[15:18] {dino} yes, fwlt, sgr, mdr
[15:18] {dino} kbr
[15:19] {cosmo} but not hal
[15:19] {dino} no, i think hal will be snubbed
[15:20] {dino} they are mostly oil now
[15:20] {dino} and cheney will go back there
[15:30] {Threei} new lows are coming
[15:30] {Threei} QID on pullbacks if you can get a rid on fast moves
[15:32] {Threei} got .27
[15:33] {Threei} not ready yet
[15:34] {dawg} 10 cent scalp PETM petsmart in .80 out .91
[15:34] {lisa_jay} :-)
[15:34] {Threei} lol
[15:34] {dawg} arff.)
[15:35] {dino} lol
[15:36] {dawg} .)
[15:37] {Chaeron} guys... gotta go... have a good long weekend... oh and magoo?
06[15:37] * Chaeron slaps magoo around a bit with a large trout
[15:37] {Threei} take care chaeron
[15:37] {magoo} u too bud:0
[15:37] {magoo} oh WAIUTTTTTTTTTTTTT
06[15:37] * magoo slaps Chaeron around a bit with a large trout
[15:38] {Chaeron} :)
[15:38] {dino} cya chaer
[15:57] {magoo} vad..u here ? its important
[15:57] {peterg} I read yesterdays log and appreciate the mention of my humble self
[15:57] {Threei} what? your "have a good weekend" slap?
06[15:57] * magoo slaps Threei around a bit with a large trout
06[15:57] * magoo slaps Threei around a bit with a large trout
06[15:57] * magoo slaps Threei around a bit with a large trout
[15:57] {Threei} there... how did I know that
[15:58] {Threei} peter :)
[15:58] {peterg} Lucy sets up the football
[15:58] {hawkfan4} have a good weekend all
[15:59] {magoo} u been doing great peterg
[15:59] {Threei} thank you all
[15:59] {peterg} thks mags
[15:59] {Threei} have a good weekend, see you all on Monday
[15:59] {lisa_jay} Thanks Vad.
[15:59] {dino} later all
[15:59] {lisa_jay} Bye Dino.
[15:59] {dino} :)
[15:59] {magoo} bye all..have good weekend
[15:59] {lisa_jay} Bye Magoo
[16:00] {dawg} thanks all!
[16:00] {lisa_jay} See ya dawg
[16:06] {dptl} have a good weekend all
Thursday, November 6, 2008
Nov 06 2008
Session Time: Thu Nov 06 00:00:00 2008
[08:16] {Threei} Good morning
[08:16] {Threei} sea of red all over the globe
[08:17] {dawg} Morining
[08:17] {lisa_jay} Hi Vad.
[08:17] {Threei} dawg :)
[08:17] {Threei} lisa :)
[08:17] {dawg} :)
[08:19] {Threei} 11/06/08 07:38am
[08:19] {Threei} [LVS] Las Vegas Sands Corp Files mixed securities shelf ASR
[08:19] {Threei} - We will use the net proceeds we receive from the sale of the securities offered by this prospectus for general corporate purposes, unless we specify otherwise in the applicable prospectus supplement. General corporate purposes may include our construction and development projects in Las Vegas, Macao, Singapore and Pennsylvania, additions to working capital, capital expenditures, repayment of debt, the financing of possible acquisitions and investments or stock repurchases.
[08:29] {Threei} #s in one min
[08:30] {Threei} oh, and ECB cut rates by .50
[08:30] {Threei} Q3 PRELIMINARY NONFARM PRODUCTIVITY: 1.1% V 0.7%E; UNIT LABOR COSTS: 3.6% V 3.0%E
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 481K V 477KE; CONTINUING CLAIMS: 3.843M V 3.743ME
[08:37] {amarg} gm all
[08:37] {Threei} amarg :)
[08:40] {_maga} good morning all
[08:40] {Threei} maga :)
[08:48] {hawkfan4} good morning
[08:48] {Threei} hawk :)
[08:57] {dptl} good morning all
[08:57] {Geo} gm all
[08:58] {Threei} dp, geo :)
[08:59] {wishbone} hello & good morning
[08:59] {Threei} wishbone :)
[08:59] {hawkfan4} vad, i'm pretty much taking the week off, but i caught your qid trade yest afternoon, thx
[09:00] {Threei} good to hear hawk :)
[09:00] {Threei} squuezed full buck out of it?
[09:00] {hawkfan4} best part is i kept half thru csco, sold 69.50, +4 :)
[09:00] {Threei} you bird of prey
[09:01] {hawkfan4} :)
[09:01] {Threei} IMF: ALL G7 ECONOMIES WILL CONTRACT IN 2009 EXCEPT CANADA
[09:01] {Geo} canada is in g7?
[09:01] {patience} someone swat geo
[09:03] {Geo} funny news.... turns out 150k shopping was not enuff.... she took her family and made aides charge their personal cards...... 40k + for first dude....
[09:04] {Geo} they are finding out now as aides asking fo reimbursement
[09:09] {lisa_jay} Vad, if I had Q's and NQ's which would be a better to watch intraday?
[09:09] {Threei} NQ is usually a bit ahead but not crucial
[09:09] {lisa_jay} Ok, thanks.
[09:10] {Threei} if NQ feed onstitutes additional expense, might as well skip it
[09:10] {lisa_jay} I use think or swim platform for charting...they have it for free.
[09:11] {dino} gm all
[09:11] {Threei} dino :)
[09:11] {lisa_jay} Hi Dino.
[09:11] {Geo} hey dino
[09:11] {dino} :)
[09:12] {magoo} morn
[09:13] {magoo} no pev posts?
[09:13] {magoo} previous
[09:13] {Threei} magoo :)
[09:13] {lisa_jay} Am I seeing correct pre market quote...or is LVS back at 8
[09:13] {Threei} replay doesn't work?
[09:13] {magoo} not here
[09:13] {hawkfan4} nope
[09:13] {dino} 8 it is
[09:14] {Threei} ty, will as support to reset server after market
[09:14] {ese} good morning
[09:14] {Threei} ese :)
[09:14] {Geo} hmm
[09:14] {Geo} worked for me
[09:14] {Onix} Good morning all
[09:14] {Threei} Onix :)
[09:14] {Geo} oops no it didnt had it on overnight
[09:14] {Geo} sorry
[09:15] {Geo} want me to dcc it magoo?
[09:15] {magoo} no ty....i dont read it anyway he he
[09:15] {dino} lol geo
[09:15] {Geo} lol
[09:16] {Geo} had news for you dino
[09:16] {Geo} dccced :)
[09:21] {Threei} watching WFC as a short candidate
[09:22] {cosmo} CSCO pre mkt high = 16.83 fwiw
[09:23] {dino} lisa, lvs "going concern", real$
[09:23] {Threei} C another possible short
[09:23] {Onix} WFG @ 28.80 Vad?
[09:24] {Threei} no setup yet
[09:24] {Threei} just a acandidate to watch at this point
[09:24] {Onix} ty
[09:25] {lisa_jay} Thanks Dino
[09:27] {Threei} generally, working assumption so far is continuation of yesterday's selling
[09:28] {Onix} a beautiful bounce here for WFC hey?
[09:31] {magoo} still thinking short WFC vad?
[09:31] {ese} ATVI
[09:32] {Threei} Short Setup: WFC 29.90 break half lot if stays under 30.15
[09:33] {dawg} in wfc
[09:33] {Onix} in
[09:34] {magoo} in .02
[09:34] {dino} tbsi l .65, stop lod
[09:35] {Threei} Short Setup: C 12.44 if stays under 12.60
[09:35] {dino} drys sm l .30, stop .94
[09:36] {Threei} stopped WFC
[09:36] {lisa_jay} Stopped WFC.
[09:36] {dawg} stopped wfc
[09:36] {Threei} quite a recovery in the market
[09:36] {dptl} stopped wfc
[09:36] {magoo} me too
[09:37] {magoo} too fast too
[09:37] {dino} ci sm l .30
[09:42] {Threei} LVS
[09:42] {Threei} COULD SUSPEND DEVELOPMENTS, LOOKING TO RAISE CAPITAL TO AVOID POTENTIAL DEFAULTS
[09:42] {amarg} uaua is looking good, any trade?
[09:42] {Threei} on pullback, maybe
[09:42] {Threei} not a stock for chasing
[09:43] {Threei} there you go
[09:43] {Threei} 30 cents drop in one gasp
[09:44] {Threei} Long Setup: VPHM half lot 13.10
[09:45] {Threei} if big offer gets eaten
[09:45] {Threei} and if stays above 12.90
[09:45] {Threei} UAUA did that teleprotation thing again
[09:46] {Threei} if you watch it carefully and act very quickly, this is almost constant pattern on it
[09:47] {Threei} offer moved up on VPHM...
[09:47] {Threei} moving target
[09:48] {Threei} tough one, let's probably drop it
[09:48] {lisa_jay} ok
[09:49] {dino} drys stopped -.36
[09:49] {dino} tbsi stopped -.40
[09:49] {dino} blew the scalps, idiot award to diono today
[09:50] {magoo} wfc vad short?
[09:50] {Threei} no setup
[09:51] {magoo} loss 50?
[09:51] {Threei} and I don't like how it retreats just a tad while market drops
[09:51] {Threei} something's not right with this short
[09:52] {Threei} at some point it will work but so far each retreat looks more like a trap
[09:54] {Threei} look at this market drop and WFC barely losing 20 cents and immediately bouncing back
[09:54] {Threei} UAUA
[09:54] {Threei} bounce candidate off .50
[09:55] {lisa_jay} To short or long?
[09:55] {Threei} bounce after drop is long
[09:56] {lisa_jay} Ok, thanks.
[09:56] {Geo} half out .68
[09:56] {Threei} if got it, take scalp here
[09:58] {Threei} UAUA short became available for laser
[09:58] {dino} fwlt sm l .75
[09:58] {lisa_jay} Vad, with this kind of bounce plays, 10c stop?
[10:00] {Threei} this is generalization lisa
[10:00] {Threei} with this particular play, idea would be to enter around .50 with stop under .40
[10:01] {lisa_jay} thanks.
[10:02] {Threei} US TSY FINANCE ANNOUNCEMENT ON IRAN LATER TODAY
[10:02] {Threei} huh?
[10:07] {Threei} Short Setup: ADBE .60 breakdown if stays below .75
[10:09] {Threei} invalidated but short idea is still there
[10:09] {Threei} looking how to modify it
[10:10] {dino} ci stopped. taking break
[10:10] {Chaeron} good morning all
[10:10] {Threei} chaeron :)
[10:10] {lisa_jay} Hi Chaeron.
[10:11] {ese} CCCCCHHHHHHH.....
[10:11] {lisa_jay} Geo you still in UAUA?
[10:13] {Geo} what? no.... was all out at 80
[10:13] {lisa_jay} Ok, thanks.
[10:13] {Threei} Short Setup: ADBE .90 breakdown if stays below 26
[10:15] {Threei} 1:1, cover half or take scalp
[10:15] {Onix} i was too late for ADBE this time
[10:18] {magoo} probs here today on our side
[10:23] {magoo} hello??
[10:23] {lisa_jay} Magoo?
[10:23] {magoo} ok..ty
[10:23] {magoo} was booted out
[10:29] {lisa_jay} Now the Adbe works...
[10:29] {magoo} what u lookin at vad?
[10:29] {Threei} all around... trying to find anything readable
[10:31] {dino} fwlt stopped
[10:36] {Threei} Short Setup: ADBE .54 breakdown if stays below .70
[10:36] {dino} -7.5% since tuesday's close, getting close, imo
[10:36] {Threei} at some point support should stop holding finally
[10:37] {Threei} somarket could flush down
[10:37] {dino} support hasn't been holding 700 pts in 1.3 days
[10:38] {dino} 8900 area i'm watching for
[10:38] {Threei} I am talkihng about this particular ADBE setup
[10:38] {dino} other than that i show 8144
[10:38] {dino} ok, sorry
[10:38] {dino} :)
06[10:38] * Threei hits ADBE over the head with 2x4
[10:39] {magoo} magoo kicks adbe in groin
06[10:39] * Threei hits ADBE over the head with 2x4 endowed with nails
[10:39] {dino} dino just walks away
[10:39] {Geo} sheesh
[10:39] {magoo} magoo kicks in b@lls
[10:39] {Geo} what a pacifist bunch
06[10:39] * Threei hits ADBE over the head with 2x4 endowed with rusty nails
[10:40] {magoo} adbe punches magoo in face
[10:41] {Threei} ok, flush in progress
[10:41] {dawg} in adbe
[10:41] {dptl} in.52
[10:41] {Threei} enough of those bounces market... just drop
[10:41] {Onix} in ss ADBE @ .58
[10:42] {_maga} in ADBE .54
[10:42] {Onix} just 100 shares though
[10:43] {Onix} 3 losses in a row makes me skittish
[10:43] {Threei} see geo... violence works
[10:43] {Geo} half out
[10:43] {Threei} half out ADBE
[10:43] {Threei} scalpers know what to do
[10:44] {dawg} half out adbe
[10:44] {Threei} magoo... congratulations on a quality violence
[10:44] {Threei} stop .61 for the balance
[10:45] {magoo} :)
[10:45] {Threei} or .55 if you are extremely skittish
[10:45] {_maga} out +0.2 tx vad!!
[10:45] {Threei} welcome sir
[10:45] {lisa_jay} 22c thanks Vad.
[10:45] {Threei} welcome sirlisa :)
[10:46] {Threei} another leg of flushdown is coming
[10:46] {Chaeron} ADBE s in .53, out .31 - +0.22, thanks Vad, nice oue Lisa
[10:46] {Chaeron} one
[10:46] {Threei} is it right word? is there such thing as flush up?
[10:46] {Geo} only in australia
[10:46] {Threei} ah
[10:46] {Chaeron} heheh...
[10:46] {lisa_jay} ?
[10:47] {lisa_jay} Thanks Chaeron.
[10:47] {Threei} for those who still hold half: ideally would like to see ADBE remaining under .50,
[10:47] {dptl} +.15 adbe ty
[10:47] {Threei} then with market further drop it's likely to test closer to 25
[10:48] {Threei} unless we get extreme panic I don't expect ADBE to lose 25
[10:48] {Chaeron} can we please do that again? :)
[10:49] {Threei} was eyeing UAUA .80 break for long
[10:49] {Threei} look what it did
[10:49] {Threei} there was no way to buy it anywhere within 5 cents from .80
[10:49] {Chaeron} *sigh*
[10:49] {Threei} it just beamed itself up
[10:49] {Threei} ok, so far so good ADBE, .50 held
[10:50] {Threei} now want to see a new low and then sharp down to under .20
[10:50] {Threei} I think you can safely trail the stop to .51
[10:50] {Threei} if it goes over .50, not interested in what happens next
[10:51] {Chaeron} requiring violence again?
[10:52] {Threei} it's early morning still... gotta save some energy
[10:52] {dino} 8890 support dji imo
[10:52] {Threei} that 2x4 is heavy, you know
[10:53] {Threei} let's try gentele threats instead
06[10:54] * Threei sends ADBE a box with three dead fish
[10:55] {hawkfan4} AAPL small .38, stop under lod, swing
[10:55] {Threei} OK, this is either last attempt to resist the inevitable for NQ, or it's a double bottom
[10:55] {magoo} long rimm sm .98
[10:56] {Threei} in any case, ADBE stop is still above .50
[10:58] {Threei} for double bottom case,
[10:58] {Threei} Long Setup: QQQQ .08
[10:58] {Threei} stop under 31
[10:58] {magoo} in q
[10:58] {cosmo} rescued ....sigh
[10:58] {Threei} ADBE is done for now
[11:00] {Threei} Qs 1:1
[11:01] {magoo} first exit rimm .40 area
[11:04] {magoo} needs mkt
[11:04] {Threei} so far so good, low volume pullback
[11:06] {Threei} Qs bottom out here and break .20, you are golden with your RIMM
[11:06] {magoo} exit 2 would be like 60-70 area
[11:07] {dino} tbsi l .03, drys l .35
[11:07] {Threei} no .20 break so far
[11:07] {Threei} if loses .10, bets are off
[11:08] {Threei} off they are
[11:08] {magoo} gotta scalp
[11:08] {magoo} nuttin holds
[11:09] {cosmo} holding breath here
[11:09] {magoo} stopped rimm
[11:09] {magoo} 'sheesh
[11:10] {dino} 8890
[11:11] {hawkfan4} man, USO monthly chart. Took 5 months to undo the 13 month rally
[11:12] {magoo} very wounded market still
[11:12] {magoo} we are too retest lows
[11:12] {magoo} maybe not this week..but soon
[11:15] {laserdave1} Market bottom in?
[11:16] {magoo} does not feel like it
[11:16] {Threei} yeah, if Qs lose .90, more downside most likely
[11:17] {Threei} oil is quite a story hawk, yeah
[11:17] {Threei} a lot to learn from it about how maarkets really work
[11:18] {Threei} let's try and structure our action for more flush case
[11:18] {Threei} .88 Qs short if stays under 31
[11:19] {Threei} according play on ADBE is .27 short if stays under .45
[11:25] {Threei} (FR) FRENCH FIN MIN: THERE IS EVIDENCE THAT THE FINANCIAL MARKETS GETTING BETTER
[11:25] {dino} what!!!!!!!!!!!
[11:25] {Chaeron} great... he blew our short at the last second
[11:25] {Threei} lol
[11:25] {Threei} those french
[11:25] {lisa_jay} Invalidated?
[11:25] {magoo} hesjust collaborating w/germans
[11:26] {Threei} for now yes
[11:26] {magoo} no..hes been since 40's vad
[11:26] {Threei} lol
[11:26] {Threei} I am answering lisa :)
[11:26] {magoo} oh
[11:30] {magoo} aapl is still the tell people
[11:30] {dino} sm risky l deck .05
[11:30] {dino} wide
[11:31] {Threei} (EU) ECB'S TRICHET: CANNOT RULE OUT CUTTING RATES FURTHER
[11:31] {Threei} - July rate hikes let us cut rates today
[11:31] {Threei} now that's funny
[11:31] {Threei} every economist in the world says July hike was a big mistake
[11:31] {magoo} can we get negative rates?
[11:31] {Threei} so the way to justify it is, we can today since we raised back then
[11:31] {Threei} we can cut today
[11:32] {dino} yes magoo, ask japan
[11:32] {Threei} how about NOT raising back then, saving a lot of grief?
[11:32] {laserdave1} cmon markets
[11:32] {laserdave1} let davy call this one
[11:34] {dino} c'mon markets, davy needs a new pair of shoes
[11:36] {magoo} coffeeeeeeeeeeeee
[11:36] {Threei} WSJ: OBAMA WILL PUBLICLY DISCUSS ECONOMIC POLICY PLAN ON FRIDAY
[11:36] {Threei} that k,ind of cups action
[11:36] {Threei} who wants to commit to anything ahead of major policy speech
[11:37] {dino} he's going to kill us w/taxes and handouts. auto industry next. should let them file pre-packaged banruptcy instead of throwing $ at them
[11:38] {magoo} STOPPPPPPPPPPPP
[11:38] {magoo} not today
[11:38] {dino} lol
[11:38] {Threei} have a look at GM
[11:40] {Onix} getting ready for government bailout?
[11:40] {dino} or end of days
[11:40] {Threei} I vote for end of days
[11:40] {Threei} that would be a relief
[11:40] {Onix} the beginning of the end?
[11:41] {Threei} all I want is to get advance warning
[11:41] {dino} 8 ball bounce coming
[11:41] {Threei} so I could enjoy thoroughly what time's left
[11:41] {magoo} me too vad..i want end of days
[11:41] {Onix} like Cramer said: "I am waiting for the world to stop ending"
[11:41] {Threei} you know... pillaging... drinking heavily... harrassing strangers passing by
[11:41] {magoo} i want everyone to suffer with me
[11:42] {Onix} yes, misery loves company
[11:42] {cosmo} I'm hold out for geo-cosmic cataclysm....fwiw
[11:42] {Threei} cutting down trees so no one susspects a tree hugger in me
[11:43] {dino} and remember boys, gieing is easy, it's the living thats tough
[11:43] {dino} dieingh
[11:43] {dino} dieing
[11:43] {Threei} dying?
[11:43] {magoo} OY
[11:43] {Onix} that too
[11:43] {dino} ther it is, knew it looked wrong
[11:43] {dino} slap me peter
[11:44] {dino} so far 8 ball right 40 pts
06[11:44] * magoo slaps dino around a bit with a large trout
[11:44] {Threei} peter is not here today... he can't stand our spelling for more than two days in a row
[11:44] {dino} yahoo tells msft, "make us an offer", just a few months ago it was 35, lol
[11:45] {Onix} now I feel a little better: got .35 & .48 in UAUA
[11:45] {Threei} wow, nice exit
[11:45] {Onix} ty
[11:46] {lisa_jay} In from where Onix?
[11:46] {Onix} 15.02
[11:46] {lisa_jay} Wow, nice entry.
[11:46] {Onix} ty
[11:46] {Threei} if you watched UAUA just now, you saw teleportation setup
[11:46] {Threei} quick to .31 and right back above .40
[11:47] {Onix} yes, quite crazy sometimes
[11:47] {magoo} whreres q eresistance?
[11:47] {Threei} same .20 as before
[11:47] {dino} gj onix
[11:47] {cosmo} hmmm ...UAUA and teleportation....
[11:47] {Threei} look at 1 min UAUA
[11:47] {Threei} see those long tails?
[11:49] {Threei} OK, Qs
[11:50] {Threei} preparing breakout
[11:50] {Threei} .21 long
[11:50] {Threei} low of current pullback will show the stop level
[11:51] {magoo} and then q next level vad?...34?
[11:52] {Threei} depends...
[11:52] {Threei} can't tell for now
[11:52] {lisa_jay} Current low .06 Vad?
[11:52] {Threei} yes but I would like to see somewhat higher consolidation
[11:52] {Threei} so we could place tighter stop
[11:53] {Threei} JPM
[11:53] {Threei} RETAIL CHIEF: WE DO NOT SEE MUCH GOOD NEWS WHEN IT COMES TO CONSUMERS - WEBCAST
[11:53] {Threei} sigh
[11:54] {Threei} every time market tries to do asomething, some of these endlessly yapping guys comes out and spoils everything
[11:54] {Threei} anyone got this one on UAUA?
[11:55] {Threei} or you don't oay attention?
[11:55] {magoo} too fast vad
[11:56] {cosmo} 15.15 tail?
[11:56] {Threei} yes
[11:56] {Threei} .18 -.19 was obtainable
[11:56] {cosmo} k
[11:56] {Onix} got busy with an urgent email and missed that one
[11:56] {magoo} anyone like USO long?
[11:57] {Threei} .26 in UAUA
[11:58] {Threei} .46 out
[11:58] {Onix} wtg boss!
[11:58] {lisa_jay} Why does it not teleport when I am in?
[11:58] {Onix} exactly!?
[11:58] {Threei} one time when I had a chance to post it as close to real time as this tactic allows
[11:59] {Threei} how do you enter lisa?
[11:59] {Threei} if you watched this one, have you seen this move under .30?
[11:59] {lisa_jay} .00 break....never tried your way.
[11:59] {Threei} absolutely out of nowhere
[11:59] {Threei} well, that's different approach altogether
[11:59] {lisa_jay} yes
[12:00] {Threei} this one is not so clear cut
[12:00] {Threei} since it goes with market
[12:02] {Threei} in
[12:02] {Threei} stop under .10
[12:02] {magoo} how many shares?
[12:02] {dawg} in
[12:03] {Threei} I do 1000
[12:03] {Threei} stops are tight enough with this tactic
[12:03] {Threei} out
[12:03] {dawg} out
[12:03] {Threei} comparing notes dawg?
[12:03] {Threei} whathca got?
[12:04] {Threei} .17 - .19 here
[12:04] {dawg} 200 shares out .31
[12:04] {Threei} with exit .29 and .31
[12:04] {dawg} yes
[12:05] {tomg} in .18 and out .32 ty vad
[12:05] {dino} gj
[12:05] {Threei} wtg tom
[12:05] {Geo} my univ which is rather well funded put in a hiring freeze till 1st july
[12:06] {Threei} this is making my day guys
[12:06] {Threei} not hiring freeze
[12:06] {Threei} lol
[12:06] {dino} you guys are doing well
[12:06] {magoo} in now?
[12:06] {Threei} I mean, seeing how you find plays using mehtodology I decsribe
[12:06] {magoo} oh
[12:06] {Threei} instead of simply going with my calls
06[12:06] * Geo has one more month of only vad's calls
[12:07] {Threei} now... meHTodology? deCSribe?
[12:07] {Threei} can you say dyksleqsik?
[12:07] {lisa_jay} Vad, do you lay out the exit?
[12:07] {Threei} usually not,
[12:08] {Threei} keep exit price about 5-7 cents above entry and keep finger on sell button
[12:08] {ese} outta here.....just a watchin day for me....have a great rest of the day everyone.
[12:08] {Threei} take care ese
[12:08] {ese} see ya vad
[12:09] {Threei} missed this time UAUA while yapping
[12:09] {dawg} got it at .11
[12:09] {Threei} out?
[12:09] {dawg} in
[12:09] {dawg} in
[12:09] {Threei} no, I mean out yet?
[12:09] {dawg} oh, no still in but doesn't look good
[12:10] {Threei} market drops
[12:10] {Threei} keep .05 stop
[12:10] {dawg} thanks OK
[12:10] {Threei} better get shaken out than caught into big drop
[12:11] {dawg} yes thank you
[12:12] {Threei} should jump over .20 now with any market help
[12:12] {Threei} come on NQ
[12:12] {dawg} looking for .29 to greedy?
[12:13] {Threei} don't know... it's a highly fluid situation
[12:13] {dawg} OK
[12:13] {Threei} gotta evaluate it on second by second basis
[12:14] {Threei} here comes help
[12:14] {dawg} out .23
[12:14] {Threei} wtg
[12:14] {dawg} Thanks Vad.
[12:14] {Threei} welcome sir
[12:15] {Threei} good case this time,
[12:15] {Threei} was slow enough to allow real time comments on thinking process
[12:15] {Threei} well, if you can call this thinking
[12:15] {dawg} Yes with your coaching that was the key
[12:16] {lisa_jay} Selling off market.
[12:16] {Threei} that Qs setup may be back
[12:16] {Threei} with one more little bounce
[12:16] {dawg} Keeping eye out
[12:16] {Threei} .87 short if stays below 31
[12:17] {lisa_jay} adbe too Vad?..
[12:17] {Threei} when action slows down I will have one gereal coment on this UAUA tactic
[12:17] {Threei} yes ADBE
[12:18] {Threei} .27 short if stays under .45
[12:19] {magoo} i didnt realize we are 300 down
[12:20] {Chaeron} wow...was I lagged
[12:20] {Chaeron} am I here now?
[12:20] {Threei} yes
[12:20] {Chaeron} shoot
[12:20] {Chaeron} I mean, uh, great!
[12:21] {Threei} you just connected
[12:21] {Threei} [12:20] -RealityTrader.chat.server- *** Notice -- Client connecting on port 7044: Chaeron
[12:21] {Chaeron} thanks
[12:21] {Chaeron} I thought noone was chatting and was in limbo the whole time... miss anything?
[12:21] {Threei} let's see when you lost the room
[12:22] {Threei} [11:43] -RealityTrader.chat.server- *** Notice -- Client exiting: Chaeron (RealityTra@XXXXX.oc.oc.cox.net) [Connection reset by peer (TCP/IP connection broken)]
[12:22] {dawg} in Q's
[12:22] {lisa_jay} Both triggered
[12:22] {Threei} 40 minutes... I'll say
[12:22] {dptl} in .87
[12:22] {dawg} yes
[12:22] {Threei} ok market
[12:22] {Threei} let's flush
[12:22] {Threei} or as some politicians would say, flush baby flush
[12:23] {Threei} too sharp...
[12:23] {Threei} hate it when they move so sharply yet don't reach 1:1
[12:24] {Threei} getting torn between waiting for normal r/r and taking profit on a sharp move
[12:25] {Threei} ok, better
[12:25] {_maga} I'm in ADBE short from .27
[12:25] {_maga} am I correct?
[12:25] {Threei} yes
[12:25] {_maga} ok
[12:25] {dino} -9.5% since tues close
[12:26] {Threei} cover half at least here ADBE
[12:26] {Threei} stop to above .30
[12:26] {dino} should be setting up buy the dips
[12:26] {dawg} out first half .78
[12:27] {dawg} 1:1 Q's
[12:27] {_maga} ADBE .12 to me full out ( for commission...)
[12:27] {Threei} ohhh
[12:27] {Threei} forgot you opay those insane rates
[12:28] {_maga} yes.... but not forever..
[12:28] {_maga} tx Vad
[12:30] {Threei} new lows
[12:30] {dptl} ou qqqq.75 ty
[12:30] {Threei} :)
[12:31] {lisa_jay} Thanks Vad, got 7 and 8c on Q's and ADBE...did not mange trade properly.
[12:32] {Threei} ok... consider it a confiodence builder... you get free pass for now :)
[12:32] {lisa_jay} Wow, left a lot on the table..oh well.
[12:33] {dawg} still in half Q's out here Vad?
[12:33] {Threei} no, I closed
[12:34] {dawg} OK i'll close out too
[12:34] {Threei} with my yapping, I was a little late on entry, so risk was somewhat higher than I like
[12:34] {dawg} ah
[12:38] {lisa_jay} Wow, ADBE broke 25.
[12:41] {Threei} some bounce isa bound to happen now but we are not done selling yet
[12:42] {amarg} bounce today?
[12:42] {magoo} .
[12:42] {Threei} right now, already in progress
[12:42] {Threei} don't chase anything
[12:43] {magoo} uaua vad?
[12:43] {Threei} can't tell here mags
[12:46] {dino} 9653 to 8754 in dan and half
[12:46] {dino} wow
[12:46] {dino} day
[12:47] {magoo} maga or mags boss?
[12:47] {Threei} s
[12:48] {dino} maybe w/obama markets never go up
[12:48] {amarg} The potential bounce you earlier mention in progress, was that in overall market, or a particual stock?
[12:48] {dino} so in 10 days at zero
[12:48] {Threei} market and those stocks that follow it
[12:48] {Threei} like ADBE
[12:49] {Threei} I like the thought dino
[12:50] {dino} thought youwould
[12:51] {amarg} good call vad on the bounce, now will you let me know when its ready to turn the other way
[12:52] {dino} of course he will amarg
[13:06] {_maga} a
[13:07] {hawkfan4} b
[13:07] {Threei} ok
[13:07] {magoo} s
[13:07] {Threei} I am game
[13:07] {Threei} c
[13:07] {Threei} magoo, go study alphabet
[13:08] {Threei} or I am telling peter
[13:08] {_maga} with the music..
[13:09] {magoo} no what sux..we never learned it backwards...and they use that as a dui test..say alpha backwards..heck, i cant do that sober
[13:09] {lisa_jay} Lol
[13:09] {Threei} Ok... I will never ever let you know that I can't do it either way... backwards or forward
[13:10] {Threei} beyond first 8 letters
[13:10] {Threei} which I know because I used to play chess
[13:11] {magoo} king to queens level 3
[13:13] {Threei} CALIFORNIA GOV: CALIFORNIA WILL RUN OUT OF CASH BY FEB, WILL LOOK FOR TAX SALES INCREASE TO OFFSET SCHEDULED $11.2B DEFICIT
[13:13] {Threei} cosmo, geo, chaeron... hurry to make major purchases
[13:14] {Threei} who else is in Cal
[13:14] {Geo} crap
[13:14] {Geo} my sequioa
[13:14] {Geo} i am moving to washington
[13:17] {Threei} not sure what happened with LVS
[13:17] {Threei} CNBC'S GASPARINO: GS MAY LIKELY DISCLOSE FIRST LOSS SINCE BECOMING PUBLIC COMPANY IN UPCOMING REPORT
[13:18] {amarg} uaua bounced up and down back in middle again, from graph looks long term buy?????
[13:18] {Threei} what time frame?
[13:19] {Threei} daily? intraday?
[13:20] {amarg} intraday in middle, daily seems like a buy, if it breaks around 16 you think?
[13:20] {Threei} I can't answer in general, too many variables
[13:20] {amarg} but it may be down now due to overwhelming weight of market
[13:20] {Threei} how does it go to 16, in a slow steady way or in a sarop spike?
[13:21] {Threei} what is pil doing at the moment?
[13:21] {Threei} what is general market doing at the moment?
[13:21] {amarg} I was looking at the graph, latest daily pull back is on declining volume
[13:22] {hawkfan4} WFMI interesting on 11 break maybe
[13:22] {Threei} problem with UAUA is, it's not your usual stock
[13:22] {Threei} it's a major airline subjected to so many external factors
[13:23] {Threei} you can't fully rely on charts alone
[13:23] {Threei} take a look at daily,
[13:23] {Threei} run from under 4 to 16
[13:23] {Threei} was there much in charts to indicate that?
[13:23] {Threei} then drop all the way back to 5
[13:24] {Threei} to 16 again
[13:24] {amarg} i see
[13:24] {Threei} wth going on with LVS
[13:25] {laserdave1} maga dcc
[13:25] {amarg} by the way, curious, at 11.42 when everthing was headed down, what indicator gave you a reading that market is ready to reverse?
[13:26] {Threei} 12:42 you mean
[13:26] {Threei} EST
[13:27] {Threei} NQ made little double bottom, started breaking the peak between two bottoms
[13:27] {Threei} really felt like market was going to get some relief
[13:28] {Threei} but nothing outstanding, selling never became climactic
[13:28] {Threei} so it was mostly: close short, don't go long, wait for new setups to shape up
[13:28] {amarg} 12.42est right, NQ is nasdaq I guess
[13:31] {Threei} right
[13:32] {_maga} laserdave1 did you say something to me? what "dcc" is?
[13:32] {Threei} private message maga
[13:32] {Threei} doubleclick on his nick, you will see it
[13:32] {_maga} ah ...tx
[13:33] {Threei} (RU) RUSSIAN DEPUTY PM: OPEC WILL DISCUSS AN MOU WITH RUSSIA IN DECEMBER
[13:33] {Threei} jeez
[13:33] {Threei} look at LVS
[13:34] {Threei} this thing hurt a lot of people today I bet
[13:34] {lisa_jay} Yup
[13:36] {lisa_jay} We sure had some good times with LVS while it lasted.
[13:36] {Threei} next bus is always around the corner
[13:38] {dino} going for -500 again
[13:43] {dino} drys...canter cuts to hold 12:33 pm
[13:43] {dino} thanks guys, we are only down from 120
[13:43] {dino} value added
[13:43] {Geo} hi does any one use a good pc timer........? i want to set some alarms
[13:44] {dino} nope
[13:44] {Threei} alarms?
[13:44] {lisa_jay} ha
[13:44] {Geo} as in 10 mins befor close etc
[13:44] {Threei} as in, intraday signals or kind of scheduling thig?
[13:44] {Threei} oh
[13:45] {Geo} i get distracted at work
[13:45] {Threei} try Swift to-do list
[13:45] {Threei} it has free version
[13:45] {Threei} set reminder with sound and pop up,
[13:45] {Geo} yup thats what i want
[13:46] {Geo} thanks
[13:46] {Threei} every day when alarm goes off it offers you an option to remind you again next day
[13:46] {Geo} hmm they seem to have som e cool stuff
[13:46] {Geo} TY vad
[13:47] {Threei} tell me if you find something else... I never looked :)
[13:47] {Threei} my to-do list has some permanent things like
[13:47] {Threei} - don't forget to make money today
[13:47] {Geo} i like smartsleep www.dextronet.com
[13:47] {Threei} - end of the world, check whether it's today or rescheduled
[13:48] {Onix} lol
[13:48] {Threei} one I canceled recently was:
[13:49] {Threei} swear at Alan Greenspan, 10 am every day
[13:49] {Onix} you don't like Uncle alan?
[13:49] {Threei} nope
[13:49] {Chaeron} Obama is goin got have him in his cabinet
[13:50] {Chaeron} (teasing)
[13:50] {Geo} lol
[13:52] {Threei} tight slow market
[13:52] {Threei} we know what comes next right?
[13:53] {lisa_jay} ?
[13:54] {Threei} violent move
[13:54] {magoo} 2pm crash
[13:54] {Chaeron} I wasw goin got say loose and fast
[13:54] {Geo} wow i just got an email from TTn saying they were increasing my sub to 95
[13:54] {Geo} hmmmm
[13:54] {Geo} you guys got it?
[13:55] {magoo} actually..2 pm is more contra hour
[13:56] {magoo} as in up today
[13:56] {Onix} is this a head-fake breakout with a crash to follow soon?
[13:56] {magoo} contrary move hour
[13:56] {Threei} anyone's guess onix
[13:56] {magoo} then down after 3
[13:56] {Threei} magoo probably got it right
[13:57] {magoo} magoo faints after readinbg vads post
[13:58] {Chaeron} me too... sign of end of times...
[13:59] {dino} anything can happen
[13:59] {Chaeron} yeah, but magoo being right??
[13:59] {Threei} oh come on
[13:59] {Chaeron} (you know I'm teasing bro)
[13:59] {Threei} I saw a flying cow yesterday
[13:59] {magoo} l rimm .70
[13:59] {Chaeron} during tornado season doesn't count
[14:00] {Threei} well, why can't nmagoo be right suring that same season?
[14:00] {magoo} 49.24 target
[14:00] {laserdave1} dcc maga and magoo
[14:00] {dino} lol chaer
[14:01] {Threei} dave, make up your mind
[14:01] {Threei} maga, magoo... next thing you'll ask maguette to talk to you
[14:02] {Threei} bastid won't even lower himself to respond to me eh?
06[14:02] * Threei slaps laserdave1 around a bit with a large trout
[14:03] {magoo} we arte busty talking about you badly
[14:03] {Threei} oh that I don't doubt
[14:03] {Threei} don't mind either
[14:04] {Chaeron} hope you're not "busty" magoo... if so, lay off beer for a bit
[14:04] {dino} roflol
[14:04] {Threei} now it's my turn to faint
[14:05] {magoo} oops, darn typing
[14:05] {Threei} dying laughing here
[14:05] {Chaeron} and do some pushups for goodness sake
[14:05] {Threei} good one chaeron, I missed that
[14:05] {magoo} dieghing laugh here
[14:05] {magoo} kicking rimm here
[14:06] {magoo} saw 49 prints
[14:06] {lisa_jay} UAUA double bottom Vad?
[14:08] {Threei} not sure what to make of it
[14:08] {Threei} magoo
[14:08] {Chaeron} it's official: "worst post-election market performance in US history"
[14:08] {Threei} something's wrong
[14:08] {Threei} RIMM doesn't follow market as it should
[14:08] {Threei} be careful
[14:08] {magoo} yeah..aapl went a point here
[14:08] {Threei} really chaeron?
[14:08] {Chaeron} yep... just heard on radio news
[14:09] {Geo} guys when you have time.... does anyone else use TTN and are rates going up too?
[14:10] {Threei} geo, why don't you e-mail or call Joe and talk to him?
[14:10] {Geo} do we have a room rate vad before i call
[14:10] {Threei} there is a discount if you signed up through our banner
[14:10] {Chaeron} 401K's slated to be taken by feds and placed more likely in US Bonds... whooopee... 2-3% guaranteed... all that capital going to the govt???
[14:10] {Geo} i did
[14:10] {Geo} ok TY
[14:11] {Threei} I don't remember the %, go to member area and look please
[14:11] {Geo} will do thanks
[14:11] {Threei} chaeron, I read it was one suggestion
[14:11] {Threei} to be discussed
[14:11] {Threei} I find it hard to believe they would do that
[14:11] {Chaeron} of course... nothing firm... thinking of consequenses
[14:12] {Threei} just imagine all the seling that hits the markets
[14:12] {Chaeron} I know that
[14:12] {Threei} I mean, if we have people at the helm who really want to finish this thing off...
[14:12] {Chaeron} but knowing that, why would they even suggest? It shows knee-jerk reactions to problems already... no thought before suggesting
[14:13] {Threei} then, as outgoing prez said, "this sucker is going down"
[14:13] {Chaeron} you still want to get that tiki bar and run it in Bora Bora with e Vad?
[14:13] {Chaeron} me
[14:14] {Threei} only if I get to drink while pour
[14:14] {Chaeron} like I care
[14:15] {dino} goes w/o saying
[14:15] {Chaeron} dino and magoo going to run the fishing boat for the tourists?
[14:16] {Threei} that's dptl
[14:16] {Threei} dino and magoo will probably want to run housing accomodations
[14:16] {dino} yes, that will be fine
[14:17] {Geo} can i run the hoochy house?
06[14:17] * Geo is an upright kinda guy
[14:17] {Threei} we will need madam as well?
[14:17] {magoo} geos wife
[14:18] {dino} uh oh
06[14:18] * lisa_jay slaps Geo around a bit with a large trout
06[14:18] * lisa_jay slaps magoo around a bit with a large trout
06[14:18] * lisa_jay slaps Threei around a bit with a large trout
[14:18] {dino} magoo deserved that
06[14:18] * lisa_jay slaps dino around a bit with a large trout
06[14:18] * lisa_jay slaps Chaeron around a bit with a large trout
06[14:18] * Threei crawls under the nearest rock
[14:19] {magoo} magoo kicks him out..find own rock
[14:19] {Geo} tch tch magoo
[14:19] {Geo} i am doing this all to escape the wife
[14:19] {Geo} why you bringing her there?
[14:19] {magoo} u are right geo..she should work it instead lol
[14:19] {dino} good point
06[14:20] * Threei crawls under the next rock, but not before barricading magoo's rock with wall of mud
[14:21] {dino} you remind me of patrick on sponge bob
[14:24] {Geo} ..
[14:24] {magoo} uh..c?
[14:24] {dino} aciw
[14:25] {Threei} SEN DODD REPORTEDLY BELIEVES THAT THE ABILITY TO PARTICIPATE IN TARP PROGRAM WAS PROVIDED TO AUTOMAKERS
[14:25] {Threei} huh?
[14:25] {Threei} they don't know?
[14:25] {Threei} they "believe"?
[14:26] {Threei} too much brain power went into inclusion of wooden arrows in TARP?
[14:27] {magoo} stopped rimm .58.-.12
[14:27] {Threei} I swear, of all govermental programs of all times and nations, none was screwed up so badly as this
[14:29] {dino} give them time they will compound the screwiness
[14:29] {Onix} it is more clear than ever before that they have no clue what they're doing
[14:30] {dino} if it wasn't an election year, they would've let capitalism work itself out
[14:30] {Onix} unless Paulson quickly wanted to help out all his buddies at GS etc. before the world comes to an end
[14:31] {dino} still amazed they all keep their jobs
[14:32] {dino} up or down?
[14:32] {dino} up i say, end day -150
[14:33] {dino} ask me why vad
[14:33] {amarg} how did you come up with that dino?
[14:33] {dino} why not
[14:33] {lisa_jay} May by sell off last hour and your -500?
[14:34] {dino} indeed, lisa, indeed
[14:34] {dino} but it may not too
[14:34] {Threei} most likely, yeah
[14:35] {amarg} 20 minutes ago I thought it was headed to close at -150 but it's reversed
[14:35] {Onix} no, everyone expects another sell-off, so they will run it up today ... ha-ha
[14:36] {dino} we may do both
[14:37] {dino} ok, finally out deck .30, +1.25
[14:37] {lisa_jay} Great.
[14:37] {lisa_jay} Job
[14:37] {dino} ty
[14:37] {magoo} vad u believe this guy?? +buck
[14:37] {Onix} you totally amaze me dino!
[14:37] {Threei} ")
[14:38] {dino} just lucky, and of course, all that clean living
[14:38] {Onix} i wish i had some of your guts
[14:38] {Threei} some?
[14:39] {Onix} actually oall or more
06[14:39] * Threei provides Onix with anatomy atlas so he could pick which ones he wants
[14:39] {Onix} roflol
[14:39] {lisa_jay} :-)
[14:39] {magoo} he could spare some of it believe magoo
[14:39] {Threei} hmmm
[14:39] {Threei} we are in rally mode now?
[14:40] {magoo} [14:35] {Onix} no, everyone expects another sell-off, so they will run it up today ... ha-ha
[14:41] {magoo} [14:39] {magoo} he could spare some of it believe magoo
[14:42] {dino} you don't have to say it twice magoo
[14:44] {magoo} but i doi
[14:44] {magoo} look rimm vad...bastard
[14:44] {Threei} yeah
[14:44] {dino} kbr l .75
[14:46] {dino} having data issues w/quotes
[14:46] {Threei} need quotes?
[14:46] {magoo} yeah..i refuse to yell them
[14:46] {Threei} KBR .70 .71
[14:48] {dino} ty back
[14:50] {Threei} watch UAUA if NQ spikes
[14:50] {Threei} has a run to about .20 from hgere
[14:50] {magoo} in
[14:51] {Threei} .03 here
[14:51] {magoo} 08
[14:52] {dawg} .05 here
[14:52] {Threei} come on market one more sharp spike
[14:52] {Threei} good boy
[14:52] {Threei} your turn UAUA
[14:53] {dptl} in .07
[14:54] {dino} one more? stii have 150 to go
[14:54] {Threei} I won't mind
[14:55] {Threei} ugh
[14:55] {magoo} the ONLY time tried it
[14:55] {dptl} out.....bad day ...baddddd
[14:58] {Onix} now this market is totally confused!
[15:05] {cosmo} we need the obama rescue plan
[15:05] {magoo} hardly..tankng is it
[15:07] {Threei} SEC CHMN COX MAY LEAVE POST 'SOON' -WSJ
[15:09] {dino} the 150 went the wrong way
[15:10] {lisa_jay} Selloffs are happening so fast...The longs set up..and then bam selling.
[15:14] {magoo} come on mav...engage
[15:16] {elpaso} dec 330 straddle in goog would be $6100
[15:18] {elpaso} sorry, wrong board
[15:18] {wishbone} it's no good goose...no good
[15:18] {Threei} Short Setup: QQQQ .69 if stays below .75
[15:19] {Threei} trying to find shoert entry for the final flush
[15:19] {Threei} may take a few tries
[15:19] {Threei} invaidated
[15:19] {dino} beat
[15:20] {cosmo} as we descend, so shall we ascend
[15:21] {dino} final flush? call joe the plumber
[15:21] {Onix} way deep :)
[15:22] {Threei} oh I am going to miss that guy
[15:22] {Geo} youll find him on billboards soon :)
[15:22] {Geo} http://abcnews.go.com/Entertainment/story?id=6166492&page=1'
[15:23] {magoo} he will end up being spokesman for liquid draino
[15:23] {dino} up 3i, dino's call
[15:26] {dino} wrong
[15:29] {Onix} yet no capitulation hey?
[15:29] {Threei} we have 30 minutes more
[15:30] {Threei} Joe is circling around
[15:30] {Threei} with plunger in hand
[15:30] {Onix} and a BIG hammer in the other hand
[15:32] {Threei} US TREASURY REPORTEDLY REVOKES IRAN'S "U TURN' LICSNSE IN BANKING TRANSACTIONS
[15:32] {cosmo} wha?
[15:33] {Threei} here comes Joe
[15:33] {Onix} hope flushes the system well
[15:34] {Threei} wow... market is still resisting
[15:36] {Threei} hard to imagine it holding this support
[15:36] {Threei} stranger things happened of course...
[15:37] {Threei} but I'd place odds of sharp seloff at 9:1
[15:38] {amarg} is that 9 times likely that there may be a sell off??
[15:38] {Onix} Vad, you know the symbol for the Toronto Stock Exchange to use with Laser?
[15:38] {dino} bam
[15:38] {Threei} you need to sign up for TSX feed
[15:38] {Threei} it's separate one
[15:38] {Threei} and fairly expensive, thank you canadian regulators
[15:39] {Onix} o yes i saw that
[15:40] {dino} theres the -500, going to be tough to get my -150
[15:40] {Onix} just thought there may be something like $TSX or $TSE that i could use to watch the index on Laser
[15:41] {dino} -10.5% since tues. close dji
[15:42] {Threei} not that I know... but ask dave
[15:42] {Onix} thanks
[15:42] {_maga} Vad, could today SOLF be a C&H ?
[15:43] {Threei} you mean if it breaks 6.90 - 7 area?
[15:44] {_maga} yes
[15:44] {Threei} yes, but I truly doubt it can happen in remaining 15 minutes
[15:50] {Onix} "Ring-a-ring-a-rosies, pockets full of posies, hush-hush, we all go DOWN!"
[15:53] {dptl} have a good evening all
[15:57] {Threei} take care dp
[15:58] {Onix} this was not a good trading day .. can only hope for something better for tomorrow
[15:58] {Onix} all the best until then
[15:58] {Threei} what is it that you fo guys
[15:58] {Threei} I go over calls, they are positive
[15:59] {Threei} take care all, see you tomorrow
[15:59] {_maga} bye
[15:59] {dino} out kbr .35 -.40
[16:02] {dino} qcom
[16:02] {Threei} REPORTS Q4 $0.52 V $0.60E, R $3.33B V $2.86BE (UNCLEAR IF COMPARABLE)
[16:07] {Threei} shorted dino?
[16:07] {magoo} i did vad
[16:07] {Threei} good one
[16:07] {magoo} sh 31.58 out 30.38
[16:07] {Threei} me too but took profit a bit too soon
[16:07] {magoo} me too
[16:07] {Threei} beautiful
[16:07] {Threei} wtg
[16:07] {magoo} saw 29.80
[16:08] {magoo} BRL vad?
[16:08] {dino} no
[16:11] {Threei} it reported before market
[16:20] {dino} gn all, having dsl issues
[16:20] {magoo} me too
[08:16] {Threei} Good morning
[08:16] {Threei} sea of red all over the globe
[08:17] {dawg} Morining
[08:17] {lisa_jay} Hi Vad.
[08:17] {Threei} dawg :)
[08:17] {Threei} lisa :)
[08:17] {dawg} :)
[08:19] {Threei} 11/06/08 07:38am
[08:19] {Threei} [LVS] Las Vegas Sands Corp Files mixed securities shelf ASR
[08:19] {Threei} - We will use the net proceeds we receive from the sale of the securities offered by this prospectus for general corporate purposes, unless we specify otherwise in the applicable prospectus supplement. General corporate purposes may include our construction and development projects in Las Vegas, Macao, Singapore and Pennsylvania, additions to working capital, capital expenditures, repayment of debt, the financing of possible acquisitions and investments or stock repurchases.
[08:29] {Threei} #s in one min
[08:30] {Threei} oh, and ECB cut rates by .50
[08:30] {Threei} Q3 PRELIMINARY NONFARM PRODUCTIVITY: 1.1% V 0.7%E; UNIT LABOR COSTS: 3.6% V 3.0%E
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 481K V 477KE; CONTINUING CLAIMS: 3.843M V 3.743ME
[08:37] {amarg} gm all
[08:37] {Threei} amarg :)
[08:40] {_maga} good morning all
[08:40] {Threei} maga :)
[08:48] {hawkfan4} good morning
[08:48] {Threei} hawk :)
[08:57] {dptl} good morning all
[08:57] {Geo} gm all
[08:58] {Threei} dp, geo :)
[08:59] {wishbone} hello & good morning
[08:59] {Threei} wishbone :)
[08:59] {hawkfan4} vad, i'm pretty much taking the week off, but i caught your qid trade yest afternoon, thx
[09:00] {Threei} good to hear hawk :)
[09:00] {Threei} squuezed full buck out of it?
[09:00] {hawkfan4} best part is i kept half thru csco, sold 69.50, +4 :)
[09:00] {Threei} you bird of prey
[09:01] {hawkfan4} :)
[09:01] {Threei} IMF: ALL G7 ECONOMIES WILL CONTRACT IN 2009 EXCEPT CANADA
[09:01] {Geo} canada is in g7?
[09:01] {patience} someone swat geo
[09:03] {Geo} funny news.... turns out 150k shopping was not enuff.... she took her family and made aides charge their personal cards...... 40k + for first dude....
[09:04] {Geo} they are finding out now as aides asking fo reimbursement
[09:09] {lisa_jay} Vad, if I had Q's and NQ's which would be a better to watch intraday?
[09:09] {Threei} NQ is usually a bit ahead but not crucial
[09:09] {lisa_jay} Ok, thanks.
[09:10] {Threei} if NQ feed onstitutes additional expense, might as well skip it
[09:10] {lisa_jay} I use think or swim platform for charting...they have it for free.
[09:11] {dino} gm all
[09:11] {Threei} dino :)
[09:11] {lisa_jay} Hi Dino.
[09:11] {Geo} hey dino
[09:11] {dino} :)
[09:12] {magoo} morn
[09:13] {magoo} no pev posts?
[09:13] {magoo} previous
[09:13] {Threei} magoo :)
[09:13] {lisa_jay} Am I seeing correct pre market quote...or is LVS back at 8
[09:13] {Threei} replay doesn't work?
[09:13] {magoo} not here
[09:13] {hawkfan4} nope
[09:13] {dino} 8 it is
[09:14] {Threei} ty, will as support to reset server after market
[09:14] {ese} good morning
[09:14] {Threei} ese :)
[09:14] {Geo} hmm
[09:14] {Geo} worked for me
[09:14] {Onix} Good morning all
[09:14] {Threei} Onix :)
[09:14] {Geo} oops no it didnt had it on overnight
[09:14] {Geo} sorry
[09:15] {Geo} want me to dcc it magoo?
[09:15] {magoo} no ty....i dont read it anyway he he
[09:15] {dino} lol geo
[09:15] {Geo} lol
[09:16] {Geo} had news for you dino
[09:16] {Geo} dccced :)
[09:21] {Threei} watching WFC as a short candidate
[09:22] {cosmo} CSCO pre mkt high = 16.83 fwiw
[09:23] {dino} lisa, lvs "going concern", real$
[09:23] {Threei} C another possible short
[09:23] {Onix} WFG @ 28.80 Vad?
[09:24] {Threei} no setup yet
[09:24] {Threei} just a acandidate to watch at this point
[09:24] {Onix} ty
[09:25] {lisa_jay} Thanks Dino
[09:27] {Threei} generally, working assumption so far is continuation of yesterday's selling
[09:28] {Onix} a beautiful bounce here for WFC hey?
[09:31] {magoo} still thinking short WFC vad?
[09:31] {ese} ATVI
[09:32] {Threei} Short Setup: WFC 29.90 break half lot if stays under 30.15
[09:33] {dawg} in wfc
[09:33] {Onix} in
[09:34] {magoo} in .02
[09:34] {dino} tbsi l .65, stop lod
[09:35] {Threei} Short Setup: C 12.44 if stays under 12.60
[09:35] {dino} drys sm l .30, stop .94
[09:36] {Threei} stopped WFC
[09:36] {lisa_jay} Stopped WFC.
[09:36] {dawg} stopped wfc
[09:36] {Threei} quite a recovery in the market
[09:36] {dptl} stopped wfc
[09:36] {magoo} me too
[09:37] {magoo} too fast too
[09:37] {dino} ci sm l .30
[09:42] {Threei} LVS
[09:42] {Threei} COULD SUSPEND DEVELOPMENTS, LOOKING TO RAISE CAPITAL TO AVOID POTENTIAL DEFAULTS
[09:42] {amarg} uaua is looking good, any trade?
[09:42] {Threei} on pullback, maybe
[09:42] {Threei} not a stock for chasing
[09:43] {Threei} there you go
[09:43] {Threei} 30 cents drop in one gasp
[09:44] {Threei} Long Setup: VPHM half lot 13.10
[09:45] {Threei} if big offer gets eaten
[09:45] {Threei} and if stays above 12.90
[09:45] {Threei} UAUA did that teleprotation thing again
[09:46] {Threei} if you watch it carefully and act very quickly, this is almost constant pattern on it
[09:47] {Threei} offer moved up on VPHM...
[09:47] {Threei} moving target
[09:48] {Threei} tough one, let's probably drop it
[09:48] {lisa_jay} ok
[09:49] {dino} drys stopped -.36
[09:49] {dino} tbsi stopped -.40
[09:49] {dino} blew the scalps, idiot award to diono today
[09:50] {magoo} wfc vad short?
[09:50] {Threei} no setup
[09:51] {magoo} loss 50?
[09:51] {Threei} and I don't like how it retreats just a tad while market drops
[09:51] {Threei} something's not right with this short
[09:52] {Threei} at some point it will work but so far each retreat looks more like a trap
[09:54] {Threei} look at this market drop and WFC barely losing 20 cents and immediately bouncing back
[09:54] {Threei} UAUA
[09:54] {Threei} bounce candidate off .50
[09:55] {lisa_jay} To short or long?
[09:55] {Threei} bounce after drop is long
[09:56] {lisa_jay} Ok, thanks.
[09:56] {Geo} half out .68
[09:56] {Threei} if got it, take scalp here
[09:58] {Threei} UAUA short became available for laser
[09:58] {dino} fwlt sm l .75
[09:58] {lisa_jay} Vad, with this kind of bounce plays, 10c stop?
[10:00] {Threei} this is generalization lisa
[10:00] {Threei} with this particular play, idea would be to enter around .50 with stop under .40
[10:01] {lisa_jay} thanks.
[10:02] {Threei} US TSY FINANCE ANNOUNCEMENT ON IRAN LATER TODAY
[10:02] {Threei} huh?
[10:07] {Threei} Short Setup: ADBE .60 breakdown if stays below .75
[10:09] {Threei} invalidated but short idea is still there
[10:09] {Threei} looking how to modify it
[10:10] {dino} ci stopped. taking break
[10:10] {Chaeron} good morning all
[10:10] {Threei} chaeron :)
[10:10] {lisa_jay} Hi Chaeron.
[10:11] {ese} CCCCCHHHHHHH.....
[10:11] {lisa_jay} Geo you still in UAUA?
[10:13] {Geo} what? no.... was all out at 80
[10:13] {lisa_jay} Ok, thanks.
[10:13] {Threei} Short Setup: ADBE .90 breakdown if stays below 26
[10:15] {Threei} 1:1, cover half or take scalp
[10:15] {Onix} i was too late for ADBE this time
[10:18] {magoo} probs here today on our side
[10:23] {magoo} hello??
[10:23] {lisa_jay} Magoo?
[10:23] {magoo} ok..ty
[10:23] {magoo} was booted out
[10:29] {lisa_jay} Now the Adbe works...
[10:29] {magoo} what u lookin at vad?
[10:29] {Threei} all around... trying to find anything readable
[10:31] {dino} fwlt stopped
[10:36] {Threei} Short Setup: ADBE .54 breakdown if stays below .70
[10:36] {dino} -7.5% since tuesday's close, getting close, imo
[10:36] {Threei} at some point support should stop holding finally
[10:37] {Threei} somarket could flush down
[10:37] {dino} support hasn't been holding 700 pts in 1.3 days
[10:38] {dino} 8900 area i'm watching for
[10:38] {Threei} I am talkihng about this particular ADBE setup
[10:38] {dino} other than that i show 8144
[10:38] {dino} ok, sorry
[10:38] {dino} :)
06[10:38] * Threei hits ADBE over the head with 2x4
[10:39] {magoo} magoo kicks adbe in groin
06[10:39] * Threei hits ADBE over the head with 2x4 endowed with nails
[10:39] {dino} dino just walks away
[10:39] {Geo} sheesh
[10:39] {magoo} magoo kicks in b@lls
[10:39] {Geo} what a pacifist bunch
06[10:39] * Threei hits ADBE over the head with 2x4 endowed with rusty nails
[10:40] {magoo} adbe punches magoo in face
[10:41] {Threei} ok, flush in progress
[10:41] {dawg} in adbe
[10:41] {dptl} in.52
[10:41] {Threei} enough of those bounces market... just drop
[10:41] {Onix} in ss ADBE @ .58
[10:42] {_maga} in ADBE .54
[10:42] {Onix} just 100 shares though
[10:43] {Onix} 3 losses in a row makes me skittish
[10:43] {Threei} see geo... violence works
[10:43] {Geo} half out
[10:43] {Threei} half out ADBE
[10:43] {Threei} scalpers know what to do
[10:44] {dawg} half out adbe
[10:44] {Threei} magoo... congratulations on a quality violence
[10:44] {Threei} stop .61 for the balance
[10:45] {magoo} :)
[10:45] {Threei} or .55 if you are extremely skittish
[10:45] {_maga} out +0.2 tx vad!!
[10:45] {Threei} welcome sir
[10:45] {lisa_jay} 22c thanks Vad.
[10:45] {Threei} welcome sirlisa :)
[10:46] {Threei} another leg of flushdown is coming
[10:46] {Chaeron} ADBE s in .53, out .31 - +0.22, thanks Vad, nice oue Lisa
[10:46] {Chaeron} one
[10:46] {Threei} is it right word? is there such thing as flush up?
[10:46] {Geo} only in australia
[10:46] {Threei} ah
[10:46] {Chaeron} heheh...
[10:46] {lisa_jay} ?
[10:47] {lisa_jay} Thanks Chaeron.
[10:47] {Threei} for those who still hold half: ideally would like to see ADBE remaining under .50,
[10:47] {dptl} +.15 adbe ty
[10:47] {Threei} then with market further drop it's likely to test closer to 25
[10:48] {Threei} unless we get extreme panic I don't expect ADBE to lose 25
[10:48] {Chaeron} can we please do that again? :)
[10:49] {Threei} was eyeing UAUA .80 break for long
[10:49] {Threei} look what it did
[10:49] {Threei} there was no way to buy it anywhere within 5 cents from .80
[10:49] {Chaeron} *sigh*
[10:49] {Threei} it just beamed itself up
[10:49] {Threei} ok, so far so good ADBE, .50 held
[10:50] {Threei} now want to see a new low and then sharp down to under .20
[10:50] {Threei} I think you can safely trail the stop to .51
[10:50] {Threei} if it goes over .50, not interested in what happens next
[10:51] {Chaeron} requiring violence again?
[10:52] {Threei} it's early morning still... gotta save some energy
[10:52] {dino} 8890 support dji imo
[10:52] {Threei} that 2x4 is heavy, you know
[10:53] {Threei} let's try gentele threats instead
06[10:54] * Threei sends ADBE a box with three dead fish
[10:55] {hawkfan4} AAPL small .38, stop under lod, swing
[10:55] {Threei} OK, this is either last attempt to resist the inevitable for NQ, or it's a double bottom
[10:55] {magoo} long rimm sm .98
[10:56] {Threei} in any case, ADBE stop is still above .50
[10:58] {Threei} for double bottom case,
[10:58] {Threei} Long Setup: QQQQ .08
[10:58] {Threei} stop under 31
[10:58] {magoo} in q
[10:58] {cosmo} rescued ....sigh
[10:58] {Threei} ADBE is done for now
[11:00] {Threei} Qs 1:1
[11:01] {magoo} first exit rimm .40 area
[11:04] {magoo} needs mkt
[11:04] {Threei} so far so good, low volume pullback
[11:06] {Threei} Qs bottom out here and break .20, you are golden with your RIMM
[11:06] {magoo} exit 2 would be like 60-70 area
[11:07] {dino} tbsi l .03, drys l .35
[11:07] {Threei} no .20 break so far
[11:07] {Threei} if loses .10, bets are off
[11:08] {Threei} off they are
[11:08] {magoo} gotta scalp
[11:08] {magoo} nuttin holds
[11:09] {cosmo} holding breath here
[11:09] {magoo} stopped rimm
[11:09] {magoo} 'sheesh
[11:10] {dino} 8890
[11:11] {hawkfan4} man, USO monthly chart. Took 5 months to undo the 13 month rally
[11:12] {magoo} very wounded market still
[11:12] {magoo} we are too retest lows
[11:12] {magoo} maybe not this week..but soon
[11:15] {laserdave1} Market bottom in?
[11:16] {magoo} does not feel like it
[11:16] {Threei} yeah, if Qs lose .90, more downside most likely
[11:17] {Threei} oil is quite a story hawk, yeah
[11:17] {Threei} a lot to learn from it about how maarkets really work
[11:18] {Threei} let's try and structure our action for more flush case
[11:18] {Threei} .88 Qs short if stays under 31
[11:19] {Threei} according play on ADBE is .27 short if stays under .45
[11:25] {Threei} (FR) FRENCH FIN MIN: THERE IS EVIDENCE THAT THE FINANCIAL MARKETS GETTING BETTER
[11:25] {dino} what!!!!!!!!!!!
[11:25] {Chaeron} great... he blew our short at the last second
[11:25] {Threei} lol
[11:25] {Threei} those french
[11:25] {lisa_jay} Invalidated?
[11:25] {magoo} hesjust collaborating w/germans
[11:26] {Threei} for now yes
[11:26] {magoo} no..hes been since 40's vad
[11:26] {Threei} lol
[11:26] {Threei} I am answering lisa :)
[11:26] {magoo} oh
[11:30] {magoo} aapl is still the tell people
[11:30] {dino} sm risky l deck .05
[11:30] {dino} wide
[11:31] {Threei} (EU) ECB'S TRICHET: CANNOT RULE OUT CUTTING RATES FURTHER
[11:31] {Threei} - July rate hikes let us cut rates today
[11:31] {Threei} now that's funny
[11:31] {Threei} every economist in the world says July hike was a big mistake
[11:31] {magoo} can we get negative rates?
[11:31] {Threei} so the way to justify it is, we can today since we raised back then
[11:31] {Threei} we can cut today
[11:32] {dino} yes magoo, ask japan
[11:32] {Threei} how about NOT raising back then, saving a lot of grief?
[11:32] {laserdave1} cmon markets
[11:32] {laserdave1} let davy call this one
[11:34] {dino} c'mon markets, davy needs a new pair of shoes
[11:36] {magoo} coffeeeeeeeeeeeee
[11:36] {Threei} WSJ: OBAMA WILL PUBLICLY DISCUSS ECONOMIC POLICY PLAN ON FRIDAY
[11:36] {Threei} that k,ind of cups action
[11:36] {Threei} who wants to commit to anything ahead of major policy speech
[11:37] {dino} he's going to kill us w/taxes and handouts. auto industry next. should let them file pre-packaged banruptcy instead of throwing $ at them
[11:38] {magoo} STOPPPPPPPPPPPP
[11:38] {magoo} not today
[11:38] {dino} lol
[11:38] {Threei} have a look at GM
[11:40] {Onix} getting ready for government bailout?
[11:40] {dino} or end of days
[11:40] {Threei} I vote for end of days
[11:40] {Threei} that would be a relief
[11:40] {Onix} the beginning of the end?
[11:41] {Threei} all I want is to get advance warning
[11:41] {dino} 8 ball bounce coming
[11:41] {Threei} so I could enjoy thoroughly what time's left
[11:41] {magoo} me too vad..i want end of days
[11:41] {Onix} like Cramer said: "I am waiting for the world to stop ending"
[11:41] {Threei} you know... pillaging... drinking heavily... harrassing strangers passing by
[11:41] {magoo} i want everyone to suffer with me
[11:42] {Onix} yes, misery loves company
[11:42] {cosmo} I'm hold out for geo-cosmic cataclysm....fwiw
[11:42] {Threei} cutting down trees so no one susspects a tree hugger in me
[11:43] {dino} and remember boys, gieing is easy, it's the living thats tough
[11:43] {dino} dieingh
[11:43] {dino} dieing
[11:43] {Threei} dying?
[11:43] {magoo} OY
[11:43] {Onix} that too
[11:43] {dino} ther it is, knew it looked wrong
[11:43] {dino} slap me peter
[11:44] {dino} so far 8 ball right 40 pts
06[11:44] * magoo slaps dino around a bit with a large trout
[11:44] {Threei} peter is not here today... he can't stand our spelling for more than two days in a row
[11:44] {dino} yahoo tells msft, "make us an offer", just a few months ago it was 35, lol
[11:45] {Onix} now I feel a little better: got .35 & .48 in UAUA
[11:45] {Threei} wow, nice exit
[11:45] {Onix} ty
[11:46] {lisa_jay} In from where Onix?
[11:46] {Onix} 15.02
[11:46] {lisa_jay} Wow, nice entry.
[11:46] {Onix} ty
[11:46] {Threei} if you watched UAUA just now, you saw teleportation setup
[11:46] {Threei} quick to .31 and right back above .40
[11:47] {Onix} yes, quite crazy sometimes
[11:47] {magoo} whreres q eresistance?
[11:47] {Threei} same .20 as before
[11:47] {dino} gj onix
[11:47] {cosmo} hmmm ...UAUA and teleportation....
[11:47] {Threei} look at 1 min UAUA
[11:47] {Threei} see those long tails?
[11:49] {Threei} OK, Qs
[11:50] {Threei} preparing breakout
[11:50] {Threei} .21 long
[11:50] {Threei} low of current pullback will show the stop level
[11:51] {magoo} and then q next level vad?...34?
[11:52] {Threei} depends...
[11:52] {Threei} can't tell for now
[11:52] {lisa_jay} Current low .06 Vad?
[11:52] {Threei} yes but I would like to see somewhat higher consolidation
[11:52] {Threei} so we could place tighter stop
[11:53] {Threei} JPM
[11:53] {Threei} RETAIL CHIEF: WE DO NOT SEE MUCH GOOD NEWS WHEN IT COMES TO CONSUMERS - WEBCAST
[11:53] {Threei} sigh
[11:54] {Threei} every time market tries to do asomething, some of these endlessly yapping guys comes out and spoils everything
[11:54] {Threei} anyone got this one on UAUA?
[11:55] {Threei} or you don't oay attention?
[11:55] {magoo} too fast vad
[11:56] {cosmo} 15.15 tail?
[11:56] {Threei} yes
[11:56] {Threei} .18 -.19 was obtainable
[11:56] {cosmo} k
[11:56] {Onix} got busy with an urgent email and missed that one
[11:56] {magoo} anyone like USO long?
[11:57] {Threei} .26 in UAUA
[11:58] {Threei} .46 out
[11:58] {Onix} wtg boss!
[11:58] {lisa_jay} Why does it not teleport when I am in?
[11:58] {Onix} exactly!?
[11:58] {Threei} one time when I had a chance to post it as close to real time as this tactic allows
[11:59] {Threei} how do you enter lisa?
[11:59] {Threei} if you watched this one, have you seen this move under .30?
[11:59] {lisa_jay} .00 break....never tried your way.
[11:59] {Threei} absolutely out of nowhere
[11:59] {Threei} well, that's different approach altogether
[11:59] {lisa_jay} yes
[12:00] {Threei} this one is not so clear cut
[12:00] {Threei} since it goes with market
[12:02] {Threei} in
[12:02] {Threei} stop under .10
[12:02] {magoo} how many shares?
[12:02] {dawg} in
[12:03] {Threei} I do 1000
[12:03] {Threei} stops are tight enough with this tactic
[12:03] {Threei} out
[12:03] {dawg} out
[12:03] {Threei} comparing notes dawg?
[12:03] {Threei} whathca got?
[12:04] {Threei} .17 - .19 here
[12:04] {dawg} 200 shares out .31
[12:04] {Threei} with exit .29 and .31
[12:04] {dawg} yes
[12:05] {tomg} in .18 and out .32 ty vad
[12:05] {dino} gj
[12:05] {Threei} wtg tom
[12:05] {Geo} my univ which is rather well funded put in a hiring freeze till 1st july
[12:06] {Threei} this is making my day guys
[12:06] {Threei} not hiring freeze
[12:06] {Threei} lol
[12:06] {dino} you guys are doing well
[12:06] {magoo} in now?
[12:06] {Threei} I mean, seeing how you find plays using mehtodology I decsribe
[12:06] {magoo} oh
[12:06] {Threei} instead of simply going with my calls
06[12:06] * Geo has one more month of only vad's calls
[12:07] {Threei} now... meHTodology? deCSribe?
[12:07] {Threei} can you say dyksleqsik?
[12:07] {lisa_jay} Vad, do you lay out the exit?
[12:07] {Threei} usually not,
[12:08] {Threei} keep exit price about 5-7 cents above entry and keep finger on sell button
[12:08] {ese} outta here.....just a watchin day for me....have a great rest of the day everyone.
[12:08] {Threei} take care ese
[12:08] {ese} see ya vad
[12:09] {Threei} missed this time UAUA while yapping
[12:09] {dawg} got it at .11
[12:09] {Threei} out?
[12:09] {dawg} in
[12:09] {dawg} in
[12:09] {Threei} no, I mean out yet?
[12:09] {dawg} oh, no still in but doesn't look good
[12:10] {Threei} market drops
[12:10] {Threei} keep .05 stop
[12:10] {dawg} thanks OK
[12:10] {Threei} better get shaken out than caught into big drop
[12:11] {dawg} yes thank you
[12:12] {Threei} should jump over .20 now with any market help
[12:12] {Threei} come on NQ
[12:12] {dawg} looking for .29 to greedy?
[12:13] {Threei} don't know... it's a highly fluid situation
[12:13] {dawg} OK
[12:13] {Threei} gotta evaluate it on second by second basis
[12:14] {Threei} here comes help
[12:14] {dawg} out .23
[12:14] {Threei} wtg
[12:14] {dawg} Thanks Vad.
[12:14] {Threei} welcome sir
[12:15] {Threei} good case this time,
[12:15] {Threei} was slow enough to allow real time comments on thinking process
[12:15] {Threei} well, if you can call this thinking
[12:15] {dawg} Yes with your coaching that was the key
[12:16] {lisa_jay} Selling off market.
[12:16] {Threei} that Qs setup may be back
[12:16] {Threei} with one more little bounce
[12:16] {dawg} Keeping eye out
[12:16] {Threei} .87 short if stays below 31
[12:17] {lisa_jay} adbe too Vad?..
[12:17] {Threei} when action slows down I will have one gereal coment on this UAUA tactic
[12:17] {Threei} yes ADBE
[12:18] {Threei} .27 short if stays under .45
[12:19] {magoo} i didnt realize we are 300 down
[12:20] {Chaeron} wow...was I lagged
[12:20] {Chaeron} am I here now?
[12:20] {Threei} yes
[12:20] {Chaeron} shoot
[12:20] {Chaeron} I mean, uh, great!
[12:21] {Threei} you just connected
[12:21] {Threei} [12:20] -RealityTrader.chat.server- *** Notice -- Client connecting on port 7044: Chaeron
[12:21] {Chaeron} thanks
[12:21] {Chaeron} I thought noone was chatting and was in limbo the whole time... miss anything?
[12:21] {Threei} let's see when you lost the room
[12:22] {Threei} [11:43] -RealityTrader.chat.server- *** Notice -- Client exiting: Chaeron (RealityTra@XXXXX.oc.oc.cox.net) [Connection reset by peer (TCP/IP connection broken)]
[12:22] {dawg} in Q's
[12:22] {lisa_jay} Both triggered
[12:22] {Threei} 40 minutes... I'll say
[12:22] {dptl} in .87
[12:22] {dawg} yes
[12:22] {Threei} ok market
[12:22] {Threei} let's flush
[12:22] {Threei} or as some politicians would say, flush baby flush
[12:23] {Threei} too sharp...
[12:23] {Threei} hate it when they move so sharply yet don't reach 1:1
[12:24] {Threei} getting torn between waiting for normal r/r and taking profit on a sharp move
[12:25] {Threei} ok, better
[12:25] {_maga} I'm in ADBE short from .27
[12:25] {_maga} am I correct?
[12:25] {Threei} yes
[12:25] {_maga} ok
[12:25] {dino} -9.5% since tues close
[12:26] {Threei} cover half at least here ADBE
[12:26] {Threei} stop to above .30
[12:26] {dino} should be setting up buy the dips
[12:26] {dawg} out first half .78
[12:27] {dawg} 1:1 Q's
[12:27] {_maga} ADBE .12 to me full out ( for commission...)
[12:27] {Threei} ohhh
[12:27] {Threei} forgot you opay those insane rates
[12:28] {_maga} yes.... but not forever..
[12:28] {_maga} tx Vad
[12:30] {Threei} new lows
[12:30] {dptl} ou qqqq.75 ty
[12:30] {Threei} :)
[12:31] {lisa_jay} Thanks Vad, got 7 and 8c on Q's and ADBE...did not mange trade properly.
[12:32] {Threei} ok... consider it a confiodence builder... you get free pass for now :)
[12:32] {lisa_jay} Wow, left a lot on the table..oh well.
[12:33] {dawg} still in half Q's out here Vad?
[12:33] {Threei} no, I closed
[12:34] {dawg} OK i'll close out too
[12:34] {Threei} with my yapping, I was a little late on entry, so risk was somewhat higher than I like
[12:34] {dawg} ah
[12:38] {lisa_jay} Wow, ADBE broke 25.
[12:41] {Threei} some bounce isa bound to happen now but we are not done selling yet
[12:42] {amarg} bounce today?
[12:42] {magoo} .
[12:42] {Threei} right now, already in progress
[12:42] {Threei} don't chase anything
[12:43] {magoo} uaua vad?
[12:43] {Threei} can't tell here mags
[12:46] {dino} 9653 to 8754 in dan and half
[12:46] {dino} wow
[12:46] {dino} day
[12:47] {magoo} maga or mags boss?
[12:47] {Threei} s
[12:48] {dino} maybe w/obama markets never go up
[12:48] {amarg} The potential bounce you earlier mention in progress, was that in overall market, or a particual stock?
[12:48] {dino} so in 10 days at zero
[12:48] {Threei} market and those stocks that follow it
[12:48] {Threei} like ADBE
[12:49] {Threei} I like the thought dino
[12:50] {dino} thought youwould
[12:51] {amarg} good call vad on the bounce, now will you let me know when its ready to turn the other way
[12:52] {dino} of course he will amarg
[13:06] {_maga} a
[13:07] {hawkfan4} b
[13:07] {Threei} ok
[13:07] {magoo} s
[13:07] {Threei} I am game
[13:07] {Threei} c
[13:07] {Threei} magoo, go study alphabet
[13:08] {Threei} or I am telling peter
[13:08] {_maga} with the music..
[13:09] {magoo} no what sux..we never learned it backwards...and they use that as a dui test..say alpha backwards..heck, i cant do that sober
[13:09] {lisa_jay} Lol
[13:09] {Threei} Ok... I will never ever let you know that I can't do it either way... backwards or forward
[13:10] {Threei} beyond first 8 letters
[13:10] {Threei} which I know because I used to play chess
[13:11] {magoo} king to queens level 3
[13:13] {Threei} CALIFORNIA GOV: CALIFORNIA WILL RUN OUT OF CASH BY FEB, WILL LOOK FOR TAX SALES INCREASE TO OFFSET SCHEDULED $11.2B DEFICIT
[13:13] {Threei} cosmo, geo, chaeron... hurry to make major purchases
[13:14] {Threei} who else is in Cal
[13:14] {Geo} crap
[13:14] {Geo} my sequioa
[13:14] {Geo} i am moving to washington
[13:17] {Threei} not sure what happened with LVS
[13:17] {Threei} CNBC'S GASPARINO: GS MAY LIKELY DISCLOSE FIRST LOSS SINCE BECOMING PUBLIC COMPANY IN UPCOMING REPORT
[13:18] {amarg} uaua bounced up and down back in middle again, from graph looks long term buy?????
[13:18] {Threei} what time frame?
[13:19] {Threei} daily? intraday?
[13:20] {amarg} intraday in middle, daily seems like a buy, if it breaks around 16 you think?
[13:20] {Threei} I can't answer in general, too many variables
[13:20] {amarg} but it may be down now due to overwhelming weight of market
[13:20] {Threei} how does it go to 16, in a slow steady way or in a sarop spike?
[13:21] {Threei} what is pil doing at the moment?
[13:21] {Threei} what is general market doing at the moment?
[13:21] {amarg} I was looking at the graph, latest daily pull back is on declining volume
[13:22] {hawkfan4} WFMI interesting on 11 break maybe
[13:22] {Threei} problem with UAUA is, it's not your usual stock
[13:22] {Threei} it's a major airline subjected to so many external factors
[13:23] {Threei} you can't fully rely on charts alone
[13:23] {Threei} take a look at daily,
[13:23] {Threei} run from under 4 to 16
[13:23] {Threei} was there much in charts to indicate that?
[13:23] {Threei} then drop all the way back to 5
[13:24] {Threei} to 16 again
[13:24] {amarg} i see
[13:24] {Threei} wth going on with LVS
[13:25] {laserdave1} maga dcc
[13:25] {amarg} by the way, curious, at 11.42 when everthing was headed down, what indicator gave you a reading that market is ready to reverse?
[13:26] {Threei} 12:42 you mean
[13:26] {Threei} EST
[13:27] {Threei} NQ made little double bottom, started breaking the peak between two bottoms
[13:27] {Threei} really felt like market was going to get some relief
[13:28] {Threei} but nothing outstanding, selling never became climactic
[13:28] {Threei} so it was mostly: close short, don't go long, wait for new setups to shape up
[13:28] {amarg} 12.42est right, NQ is nasdaq I guess
[13:31] {Threei} right
[13:32] {_maga} laserdave1 did you say something to me? what "dcc" is?
[13:32] {Threei} private message maga
[13:32] {Threei} doubleclick on his nick, you will see it
[13:32] {_maga} ah ...tx
[13:33] {Threei} (RU) RUSSIAN DEPUTY PM: OPEC WILL DISCUSS AN MOU WITH RUSSIA IN DECEMBER
[13:33] {Threei} jeez
[13:33] {Threei} look at LVS
[13:34] {Threei} this thing hurt a lot of people today I bet
[13:34] {lisa_jay} Yup
[13:36] {lisa_jay} We sure had some good times with LVS while it lasted.
[13:36] {Threei} next bus is always around the corner
[13:38] {dino} going for -500 again
[13:43] {dino} drys...canter cuts to hold 12:33 pm
[13:43] {dino} thanks guys, we are only down from 120
[13:43] {dino} value added
[13:43] {Geo} hi does any one use a good pc timer........? i want to set some alarms
[13:44] {dino} nope
[13:44] {Threei} alarms?
[13:44] {lisa_jay} ha
[13:44] {Geo} as in 10 mins befor close etc
[13:44] {Threei} as in, intraday signals or kind of scheduling thig?
[13:44] {Threei} oh
[13:45] {Geo} i get distracted at work
[13:45] {Threei} try Swift to-do list
[13:45] {Threei} it has free version
[13:45] {Threei} set reminder with sound and pop up,
[13:45] {Geo} yup thats what i want
[13:46] {Geo} thanks
[13:46] {Threei} every day when alarm goes off it offers you an option to remind you again next day
[13:46] {Geo} hmm they seem to have som e cool stuff
[13:46] {Geo} TY vad
[13:47] {Threei} tell me if you find something else... I never looked :)
[13:47] {Threei} my to-do list has some permanent things like
[13:47] {Threei} - don't forget to make money today
[13:47] {Geo} i like smartsleep www.dextronet.com
[13:47] {Threei} - end of the world, check whether it's today or rescheduled
[13:48] {Onix} lol
[13:48] {Threei} one I canceled recently was:
[13:49] {Threei} swear at Alan Greenspan, 10 am every day
[13:49] {Onix} you don't like Uncle alan?
[13:49] {Threei} nope
[13:49] {Chaeron} Obama is goin got have him in his cabinet
[13:50] {Chaeron} (teasing)
[13:50] {Geo} lol
[13:52] {Threei} tight slow market
[13:52] {Threei} we know what comes next right?
[13:53] {lisa_jay} ?
[13:54] {Threei} violent move
[13:54] {magoo} 2pm crash
[13:54] {Chaeron} I wasw goin got say loose and fast
[13:54] {Geo} wow i just got an email from TTn saying they were increasing my sub to 95
[13:54] {Geo} hmmmm
[13:54] {Geo} you guys got it?
[13:55] {magoo} actually..2 pm is more contra hour
[13:56] {magoo} as in up today
[13:56] {Onix} is this a head-fake breakout with a crash to follow soon?
[13:56] {magoo} contrary move hour
[13:56] {Threei} anyone's guess onix
[13:56] {magoo} then down after 3
[13:56] {Threei} magoo probably got it right
[13:57] {magoo} magoo faints after readinbg vads post
[13:58] {Chaeron} me too... sign of end of times...
[13:59] {dino} anything can happen
[13:59] {Chaeron} yeah, but magoo being right??
[13:59] {Threei} oh come on
[13:59] {Chaeron} (you know I'm teasing bro)
[13:59] {Threei} I saw a flying cow yesterday
[13:59] {magoo} l rimm .70
[13:59] {Chaeron} during tornado season doesn't count
[14:00] {Threei} well, why can't nmagoo be right suring that same season?
[14:00] {magoo} 49.24 target
[14:00] {laserdave1} dcc maga and magoo
[14:00] {dino} lol chaer
[14:01] {Threei} dave, make up your mind
[14:01] {Threei} maga, magoo... next thing you'll ask maguette to talk to you
[14:02] {Threei} bastid won't even lower himself to respond to me eh?
06[14:02] * Threei slaps laserdave1 around a bit with a large trout
[14:03] {magoo} we arte busty talking about you badly
[14:03] {Threei} oh that I don't doubt
[14:03] {Threei} don't mind either
[14:04] {Chaeron} hope you're not "busty" magoo... if so, lay off beer for a bit
[14:04] {dino} roflol
[14:04] {Threei} now it's my turn to faint
[14:05] {magoo} oops, darn typing
[14:05] {Threei} dying laughing here
[14:05] {Chaeron} and do some pushups for goodness sake
[14:05] {Threei} good one chaeron, I missed that
[14:05] {magoo} dieghing laugh here
[14:05] {magoo} kicking rimm here
[14:06] {magoo} saw 49 prints
[14:06] {lisa_jay} UAUA double bottom Vad?
[14:08] {Threei} not sure what to make of it
[14:08] {Threei} magoo
[14:08] {Chaeron} it's official: "worst post-election market performance in US history"
[14:08] {Threei} something's wrong
[14:08] {Threei} RIMM doesn't follow market as it should
[14:08] {Threei} be careful
[14:08] {magoo} yeah..aapl went a point here
[14:08] {Threei} really chaeron?
[14:08] {Chaeron} yep... just heard on radio news
[14:09] {Geo} guys when you have time.... does anyone else use TTN and are rates going up too?
[14:10] {Threei} geo, why don't you e-mail or call Joe and talk to him?
[14:10] {Geo} do we have a room rate vad before i call
[14:10] {Threei} there is a discount if you signed up through our banner
[14:10] {Chaeron} 401K's slated to be taken by feds and placed more likely in US Bonds... whooopee... 2-3% guaranteed... all that capital going to the govt???
[14:10] {Geo} i did
[14:10] {Geo} ok TY
[14:11] {Threei} I don't remember the %, go to member area and look please
[14:11] {Geo} will do thanks
[14:11] {Threei} chaeron, I read it was one suggestion
[14:11] {Threei} to be discussed
[14:11] {Threei} I find it hard to believe they would do that
[14:11] {Chaeron} of course... nothing firm... thinking of consequenses
[14:12] {Threei} just imagine all the seling that hits the markets
[14:12] {Chaeron} I know that
[14:12] {Threei} I mean, if we have people at the helm who really want to finish this thing off...
[14:12] {Chaeron} but knowing that, why would they even suggest? It shows knee-jerk reactions to problems already... no thought before suggesting
[14:13] {Threei} then, as outgoing prez said, "this sucker is going down"
[14:13] {Chaeron} you still want to get that tiki bar and run it in Bora Bora with e Vad?
[14:13] {Chaeron} me
[14:14] {Threei} only if I get to drink while pour
[14:14] {Chaeron} like I care
[14:15] {dino} goes w/o saying
[14:15] {Chaeron} dino and magoo going to run the fishing boat for the tourists?
[14:16] {Threei} that's dptl
[14:16] {Threei} dino and magoo will probably want to run housing accomodations
[14:16] {dino} yes, that will be fine
[14:17] {Geo} can i run the hoochy house?
06[14:17] * Geo is an upright kinda guy
[14:17] {Threei} we will need madam as well?
[14:17] {magoo} geos wife
[14:18] {dino} uh oh
06[14:18] * lisa_jay slaps Geo around a bit with a large trout
06[14:18] * lisa_jay slaps magoo around a bit with a large trout
06[14:18] * lisa_jay slaps Threei around a bit with a large trout
[14:18] {dino} magoo deserved that
06[14:18] * lisa_jay slaps dino around a bit with a large trout
06[14:18] * lisa_jay slaps Chaeron around a bit with a large trout
06[14:18] * Threei crawls under the nearest rock
[14:19] {magoo} magoo kicks him out..find own rock
[14:19] {Geo} tch tch magoo
[14:19] {Geo} i am doing this all to escape the wife
[14:19] {Geo} why you bringing her there?
[14:19] {magoo} u are right geo..she should work it instead lol
[14:19] {dino} good point
06[14:20] * Threei crawls under the next rock, but not before barricading magoo's rock with wall of mud
[14:21] {dino} you remind me of patrick on sponge bob
[14:24] {Geo} ..
[14:24] {magoo} uh..c?
[14:24] {dino} aciw
[14:25] {Threei} SEN DODD REPORTEDLY BELIEVES THAT THE ABILITY TO PARTICIPATE IN TARP PROGRAM WAS PROVIDED TO AUTOMAKERS
[14:25] {Threei} huh?
[14:25] {Threei} they don't know?
[14:25] {Threei} they "believe"?
[14:26] {Threei} too much brain power went into inclusion of wooden arrows in TARP?
[14:27] {magoo} stopped rimm .58.-.12
[14:27] {Threei} I swear, of all govermental programs of all times and nations, none was screwed up so badly as this
[14:29] {dino} give them time they will compound the screwiness
[14:29] {Onix} it is more clear than ever before that they have no clue what they're doing
[14:30] {dino} if it wasn't an election year, they would've let capitalism work itself out
[14:30] {Onix} unless Paulson quickly wanted to help out all his buddies at GS etc. before the world comes to an end
[14:31] {dino} still amazed they all keep their jobs
[14:32] {dino} up or down?
[14:32] {dino} up i say, end day -150
[14:33] {dino} ask me why vad
[14:33] {amarg} how did you come up with that dino?
[14:33] {dino} why not
[14:33] {lisa_jay} May by sell off last hour and your -500?
[14:34] {dino} indeed, lisa, indeed
[14:34] {dino} but it may not too
[14:34] {Threei} most likely, yeah
[14:35] {amarg} 20 minutes ago I thought it was headed to close at -150 but it's reversed
[14:35] {Onix} no, everyone expects another sell-off, so they will run it up today ... ha-ha
[14:36] {dino} we may do both
[14:37] {dino} ok, finally out deck .30, +1.25
[14:37] {lisa_jay} Great.
[14:37] {lisa_jay} Job
[14:37] {dino} ty
[14:37] {magoo} vad u believe this guy?? +buck
[14:37] {Onix} you totally amaze me dino!
[14:37] {Threei} ")
[14:38] {dino} just lucky, and of course, all that clean living
[14:38] {Onix} i wish i had some of your guts
[14:38] {Threei} some?
[14:39] {Onix} actually oall or more
06[14:39] * Threei provides Onix with anatomy atlas so he could pick which ones he wants
[14:39] {Onix} roflol
[14:39] {lisa_jay} :-)
[14:39] {magoo} he could spare some of it believe magoo
[14:39] {Threei} hmmm
[14:39] {Threei} we are in rally mode now?
[14:40] {magoo} [14:35] {Onix} no, everyone expects another sell-off, so they will run it up today ... ha-ha
[14:41] {magoo} [14:39] {magoo} he could spare some of it believe magoo
[14:42] {dino} you don't have to say it twice magoo
[14:44] {magoo} but i doi
[14:44] {magoo} look rimm vad...bastard
[14:44] {Threei} yeah
[14:44] {dino} kbr l .75
[14:46] {dino} having data issues w/quotes
[14:46] {Threei} need quotes?
[14:46] {magoo} yeah..i refuse to yell them
[14:46] {Threei} KBR .70 .71
[14:48] {dino} ty back
[14:50] {Threei} watch UAUA if NQ spikes
[14:50] {Threei} has a run to about .20 from hgere
[14:50] {magoo} in
[14:51] {Threei} .03 here
[14:51] {magoo} 08
[14:52] {dawg} .05 here
[14:52] {Threei} come on market one more sharp spike
[14:52] {Threei} good boy
[14:52] {Threei} your turn UAUA
[14:53] {dptl} in .07
[14:54] {dino} one more? stii have 150 to go
[14:54] {Threei} I won't mind
[14:55] {Threei} ugh
[14:55] {magoo} the ONLY time tried it
[14:55] {dptl} out.....bad day ...baddddd
[14:58] {Onix} now this market is totally confused!
[15:05] {cosmo} we need the obama rescue plan
[15:05] {magoo} hardly..tankng is it
[15:07] {Threei} SEC CHMN COX MAY LEAVE POST 'SOON' -WSJ
[15:09] {dino} the 150 went the wrong way
[15:10] {lisa_jay} Selloffs are happening so fast...The longs set up..and then bam selling.
[15:14] {magoo} come on mav...engage
[15:16] {elpaso} dec 330 straddle in goog would be $6100
[15:18] {elpaso} sorry, wrong board
[15:18] {wishbone} it's no good goose...no good
[15:18] {Threei} Short Setup: QQQQ .69 if stays below .75
[15:19] {Threei} trying to find shoert entry for the final flush
[15:19] {Threei} may take a few tries
[15:19] {Threei} invaidated
[15:19] {dino} beat
[15:20] {cosmo} as we descend, so shall we ascend
[15:21] {dino} final flush? call joe the plumber
[15:21] {Onix} way deep :)
[15:22] {Threei} oh I am going to miss that guy
[15:22] {Geo} youll find him on billboards soon :)
[15:22] {Geo} http://abcnews.go.com/Entertainment/story?id=6166492&page=1'
[15:23] {magoo} he will end up being spokesman for liquid draino
[15:23] {dino} up 3i, dino's call
[15:26] {dino} wrong
[15:29] {Onix} yet no capitulation hey?
[15:29] {Threei} we have 30 minutes more
[15:30] {Threei} Joe is circling around
[15:30] {Threei} with plunger in hand
[15:30] {Onix} and a BIG hammer in the other hand
[15:32] {Threei} US TREASURY REPORTEDLY REVOKES IRAN'S "U TURN' LICSNSE IN BANKING TRANSACTIONS
[15:32] {cosmo} wha?
[15:33] {Threei} here comes Joe
[15:33] {Onix} hope flushes the system well
[15:34] {Threei} wow... market is still resisting
[15:36] {Threei} hard to imagine it holding this support
[15:36] {Threei} stranger things happened of course...
[15:37] {Threei} but I'd place odds of sharp seloff at 9:1
[15:38] {amarg} is that 9 times likely that there may be a sell off??
[15:38] {Onix} Vad, you know the symbol for the Toronto Stock Exchange to use with Laser?
[15:38] {dino} bam
[15:38] {Threei} you need to sign up for TSX feed
[15:38] {Threei} it's separate one
[15:38] {Threei} and fairly expensive, thank you canadian regulators
[15:39] {Onix} o yes i saw that
[15:40] {dino} theres the -500, going to be tough to get my -150
[15:40] {Onix} just thought there may be something like $TSX or $TSE that i could use to watch the index on Laser
[15:41] {dino} -10.5% since tues. close dji
[15:42] {Threei} not that I know... but ask dave
[15:42] {Onix} thanks
[15:42] {_maga} Vad, could today SOLF be a C&H ?
[15:43] {Threei} you mean if it breaks 6.90 - 7 area?
[15:44] {_maga} yes
[15:44] {Threei} yes, but I truly doubt it can happen in remaining 15 minutes
[15:50] {Onix} "Ring-a-ring-a-rosies, pockets full of posies, hush-hush, we all go DOWN!"
[15:53] {dptl} have a good evening all
[15:57] {Threei} take care dp
[15:58] {Onix} this was not a good trading day .. can only hope for something better for tomorrow
[15:58] {Onix} all the best until then
[15:58] {Threei} what is it that you fo guys
[15:58] {Threei} I go over calls, they are positive
[15:59] {Threei} take care all, see you tomorrow
[15:59] {_maga} bye
[15:59] {dino} out kbr .35 -.40
[16:02] {dino} qcom
[16:02] {Threei} REPORTS Q4 $0.52 V $0.60E, R $3.33B V $2.86BE (UNCLEAR IF COMPARABLE)
[16:07] {Threei} shorted dino?
[16:07] {magoo} i did vad
[16:07] {Threei} good one
[16:07] {magoo} sh 31.58 out 30.38
[16:07] {Threei} me too but took profit a bit too soon
[16:07] {magoo} me too
[16:07] {Threei} beautiful
[16:07] {Threei} wtg
[16:07] {magoo} saw 29.80
[16:08] {magoo} BRL vad?
[16:08] {dino} no
[16:11] {Threei} it reported before market
[16:20] {dino} gn all, having dsl issues
[16:20] {magoo} me too
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