Dec 23 2008

Not much interesting. Scalping day, not very active at that. Slightly positive but nothing to yell on the intersections about.

Session Time: Tue Dec 23 00:00:00 2008

[07:50] {magoo} morning

[08:03] {Threei}  Good morning

[08:04] {magoo} vad:)

[08:05] {Threei}  snow cleaning again? or what made you wake up so early? :)

[08:06] {magoo} my strong work ethic he he

[08:06] {Threei}  hiccup

[08:07] {magoo} vad, any news AAPL...RIMM...BIDU..GOOG?

[08:09] {Threei}  nah

[08:10] {magoo} check a couple more ok?  POT, FSLR, GS

[08:10] {Threei}  BALTIC DRY BULK INDEX FALLS 2.1% (FOURTH CONSECUTIVE DROP)

[08:11] {Threei}  [GS] The Goldman Sachs Group Inc JP Morgan analysts amends FY09 EPS target of $6.25 v $7.00 prior view

[08:11] {Threei}  - Analyst amends Morgan Stanley's FY09 EPS view to $2.35 v $2.15 prior

[08:15] {magoo} WOW AMAG

[08:19] {Threei}  12/22/08 08:01pm

[08:19] {Threei}  [AMAG] AMAG Pharmaceuticals Receives Complete Response Letter from the FDA for Ferumoxytol

[08:19] {Threei}  - The FDA indicated in its letter that the following additional information is required prior to granting approval of ferumoxytol: Data to clarify a specific chemistry, manufacturing and controls question; resolution of the deficiencies observed during the pre-approval inspection of the Companys manufacturing facility; and finalization of labeling discussions with the FDA.

[08:24] {Larisa1} gm threei, magoo :)

[08:24] {Threei}  Larisa :)

[08:25] {magoo} larisa:)

[08:25] {Threei}  sheesh EPIX

[08:26] {magoo} u in it?

[08:27] {Threei}  I wish

[08:27] {Threei}  scalped at the end of the day

[08:27] {Threei}  thought of taking it overnight, then decided against

[08:30] {Threei}  *Q3 FINAL GDP ANNUALIZED: -0.5% V -0.5%E

[08:30] {Threei}  PERSONAL CONSUMPTION: -3.8% V -3.7%E

[08:30] {Threei}  Q3 FINAL GDP PRICE INDEX: 3.9% V 4.2%E; CORE PCE Q/Q: 2.4% V 2.6%E

[08:40] {lisa_jay} Good morning.

[08:40] {Threei}  lisa :)

[08:41] {lisa_jay} Thanks for the e-mail yesterday Vad.

[08:42] {Threei}  welcome

[08:45] {Larisa1} hi lisa :)

[08:47] {lisa_jay} Hi Larisa.

[08:48] {dino} gm all

[08:49] {Larisa1} dino :)

[08:50] {dino} :)

[08:51] {dino} schw blood

[08:52] {Threei}  dino :)

[08:52] {dino} 3i :)

[08:55] {Raven}  Morning :)

[08:55] {Threei}  raven :)

[08:56] {Raven}  T:)

[08:59] {wishbone} gm all

[08:59] {Threei}  wish :)

[09:00] {Onix} Good morning everybody

[09:00] {Threei}  onix :)

[09:04] {KSystems} Good morning :)

[09:04] {Threei}  ks :)

[09:05] {Onix} hi ks

[09:07] {Geo} good morning

[09:07] {Threei}  geo :)

[09:10] {dawg} gm all

[09:10] {Threei}  dawg :)

[09:10] {Onix} hi dawg

[09:12] {dawg} Hello Onix

[09:12] {dino} overnight, out aapl .62, +1.02

[09:13] {patience} beautiful dino, good morning RT

[09:13] {Threei}  patience :)

[09:13] {dino} lucky, could've just as easily fallen, but ty

[09:15] {Onix} hi patience

[09:16] {_elepet} good morning all

[09:16] {lisa_jay} DRYS down 6% premarket.

[09:16] {Onix} hi elepet

[09:18] {ese} morning

[09:18] {Threei}  elepet, ese :)

[09:21] {Threei}  EPIX will likely provide scalping opportunities but it's a pure momo thing

[09:21] {Threei}  not much technical to it

[09:21] {patience} momo is me

[09:23] {Threei}  DRYS is mostly baltic index driven

[09:23] {Threei}  and it's down third time i a row, after 8 days of increases

[09:26] {Onix} hi ese

[09:27] {dptl} good morning all

[09:27] {Onix} hi dp

[09:27] {Threei}  dp :)

[09:28] {dino} baltic index, bloomberg.com/apps/quote&ticker=BDIY:IND

[09:30] {ese} hey onix

[09:30] {ese} dp

[09:30] {dptl} :)

[09:30] {ese} was up making coffee to inject intervenously

[09:33] {dino} nice

[09:33] {ese} bstop EPIX .55

[09:35] {Threei}  RIMM, watch for long half lot around .60

[09:35] {Threei}  desirably with sharp NQ spike

[09:37] {dino} wfsl

[09:37] {lisa_jay} r u in rimm vad?

[09:38] {Threei}  .67

[09:38] {lisa_jay} nice

[09:38] {magoo} .71

[09:38] {Threei}  out

[09:38] {tomg} thanks vad

[09:38] {Threei}  welcome guys

[09:38] {Threei}  need another pullback

[09:41] {magoo} im waiting 42.34

[09:41] {magoo} may not get it

[09:42] {Threei}  holding well

[09:42] {Threei}  little market help should do it

[09:43] {Threei}  42 break is important

[09:43] {Threei}  there you go

[09:44] {Threei}  EPIX... ergh

[09:45] {lisa_jay} is rimm buy here vad?

[09:45] {ese} EPIX  I missed it 

[09:45] {Threei}  NTMD

[09:45] {Threei}  12/23/08 02:30am

[09:45] {Threei}  [GSK] Glaxosmithkline PLC Enters Alliance with Archemix to Develop Aptamers to Treat Inflammatory Diseases

[09:45] {Threei}  - Archemix announced a worldwide alliance to discover, develop and commercialise aptamer therapeutics to treat inflammatory diseases, such as rheumatoid arthritis and inflammatory bowel disease.

[09:45] {Threei}  - Under the terms of the agreement, Archemix will receive $27.5M in upfront payments from GSK, including a $6.5M equity investment by GSK in the company. Archemix could also be eligible to receive up to $200M in development, regulatory and sales milestone payments for each of the seven aptamer therapeutics which may be discovered and developed as part of the alliance. Archemix would also receive tiered royalties up to lower double digits on worldwide sales of products that may result from the alliance.

[09:46] {dino} sm l fxi .18

[09:46] {Threei}  feels so lisa

[09:46] {lisa_jay} missed anyways, 

[09:46] {magoo} out RIMM herer TY vad

[09:46] {magoo} .24

[09:47] {lisa_jay} nice

[09:47] {Threei}  gj mags

[09:52] {magoo} i wish SANTA would sober up and appear TODAY

[09:53] {patience} he did, my goldcorp is up $1.22 today...just waiting for a bit more

[09:55] {Threei}  DEC FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 60.1 V 58.8E

[09:58] {dino} lol

[09:59] {Threei}  FMCN

[09:59] {Threei}  9 break long, very risky

[09:59] {lisa_jay} stop vad?

[10:00] {Threei}  undr .90, .85

[10:00] {dino} sso hl l .92

[10:00] {Threei}  NOV EXISTING HOME SALES: 4.49M V 4.93ME (% M/M)

[10:00] {Threei}  OV NEW HOME SALES: 407K V 415K

[10:00] {Threei}  DEC RICHMOND FED MANUFACTURING INDEX: -55 V -40E

[10:02] {Geo} huge offer fmcn

[10:02] {Threei}  OCT HOUSE PRICE INDEX: 1.1 % V -1.3%E

[10:02] {Threei}  that's the idea

[10:05] {dptl} you in?

[10:05] {lisa_jay} in

[10:06] {Threei}  not very convincing... I like them acting faster after such significant break

[10:06] {dino} tbt hl l .10

[10:07] {lisa_jay} out

[10:08] {ese} long EPIX .74

[10:08] {dptl} ouch

[10:08] {Threei}  out .90

[10:09] {lisa_jay} u did say very risky!!!!

[10:09] {Threei}  that EDGX offer never got taken out

[10:10] {Threei}  it canceled, then reappeared

[10:11] {ese} tight stop to break even .74

[10:12] {patience} oil dropping....feb contract now below 40...not good

[10:12] {Threei}  for whom?

[10:13] {lisa_jay} commodities?

[10:13] {patience} broke a technical line...was hoping 40 would hold so banks would start going up

[10:13] {patience} that would be my technical analysis    :)   very sophisticated

[10:14] {Threei}  UBCP, is this spread for real?

[10:14] {lisa_jay} If you make money off of it...which you seem to do...

[10:14] {Threei}  it's not criminal?

[10:14] {patience} i do alot of reading lisa and try to scalp momo off the news

[10:15] {lisa_jay} i like how you are so focused and disciplined.

[10:15] {ese} EPI

[10:15] {ese} x

[10:15] {ese}   stopped even

[10:15] {patience} just my style, comfort level...don't like risking capital

[10:16] {ese} was worth a try......thought that it would give 2.00 a shot

[10:17] {lisa_jay} AMZN forming asc. triangle.

[10:22] {KSystems} i was away for some time...

[10:22] {KSystems} what about volume today?

[10:23] {Threei}  a bit early to tell

[10:23] {Threei}  so far on a low side

[10:23] {KSystems} i see...thank youi

[10:23] {lisa_jay} fmcn broke 9

[10:24] {Geo} dunno lisa

[10:24] {Geo} market on low end of range

[10:25] {lisa_jay} ok, thanks Geo

[10:28] {Geo} hehe

[10:28] {Geo} sorry lisa

[10:28] {lisa_jay} why, i am sure i would have been stopped out....somehow...The trading Gods absolutely love me.

[10:29] {lisa_jay} I am just watching...only taking Vad's calls.

[10:30] {Threei}  DRYS, watch for pullback to .80 roughly

[10:30] {Threei}  for long entry

[10:31] {Threei}  WHITE HOUSE: US ECONOMY WILL BE WORSE IN Q4 THAN IN Q3

[10:31] {Threei}  no, really?

[10:32] {ese} already priced in

[10:32] {Threei}  no pullback

[10:36] {dino} now what say that again

[10:36] {dino} why

[10:40] {lisa_jay} .

[10:42] {lisa_jay} Vad, Drys still valid?

[10:43] {patience} hey Ese, you see we're supposed to get 10 to 20 cm snow today?

[10:43] {Threei}  yes isa

[10:43] {Threei}  watch nasdaq

[10:44] {lisa_jay} could you just say "IN" when you enter. ... Thanks.

[10:47] {_elepet} anyone in hig?

[10:47] {Geo} watching PLD

[10:47] {ese} PLD bstop 11.16

[10:47] {Geo} :)

[10:48] {Larisa1} HIG was nice play in the morning off 15.50 support . having trouble with 16.80 resis now. Unless market really jumps.

[10:49] {ese} i like that chart lpattern geo

[10:49] {dptl} 1 min ese?

[10:49] {ese} yes

[10:50] {Threei}  PLD some hard to digest news

[10:50] {_elepet} I bought HIG yesterday at 15.94 and am wondering about exit point.

[10:51] {Threei}  jerky market elepet, no real firm read... why not protect profits and sleep well

[10:51] {ese} agressive entry PLD s small .04

[10:51] {Threei}  take off 2/3 of position,

[10:51] {ese} thats long small not s

[10:51] {Threei}  let the rest trade with stop under breakeven

[10:52] {Larisa1} nice ele, I would not let HIG go under 16.40 and if 17 breaks, will go higher/ Just imo 

[10:53] {Larisa1} or what threei said :) can not argue with a Master :)

[10:53] {Threei}  12/23/08 08:40am

[10:53] {Threei}  [PLD] ProLogis To divest China operations and 20% interest in Japan Property Funds to GIC Real Estate for $1.3B

[10:53] {Threei}  - The net proceeds will be used to reduce debt.

[10:53] {Threei}  - Company expects to record a modest net loss on the transaction of approximately 4% to 6%of the book value of the assets sold.

[10:53] {Threei}  - Co' development pipeline as of September 30, 2008 will be reduced by $1.0B, including $255M in costs to complete development of the assets owned directly and within Prologis'' development joint ventures in China.

[10:53] {Threei}  - The company expects to close the transaction in January 2009

[10:54] {Threei}  - CEO: In one substantial step, this transaction helps ProLogis de-lever its balance sheet, relieve near-term re-financing pressure and enhance liquidity

[10:54] {Threei}  - Selling our China operations and our investment in the Japan funds was not an easy decision; however, this represents a major milestone in the implementation of the plan we outlined last month to strengthen the company''s balance sheet in order to meet the challenges of the current environment.

[10:54] {Threei}  to me, it reads as "dump the future prospects in order to survive today"

[10:54] {Threei}  wide open to interpretations

[10:56] {ese} ya......i think i'd take it thqat way too....

[10:58] {dino} sso stopped flat

[11:03] {Threei}  DRYS

[11:03] {magoo} in?

[11:03] {Threei}  one more leg down for teleportation entry

[11:03] {Threei}  closer to .70

[11:03] {Threei}  or if market sp;ikes, .80 break

[11:04] {lisa_jay} r u in vad?

[11:04] {Threei}  missed it... if you got it, stop under .75 and look for a scalp

[11:05] {lisa_jay} ok, thanks.

[11:06] {_elepet} thanks vad, larissa. sold some HIG. 

[11:07] {Larisa1} good job ele

[11:10] {ese} something keeps pushing PLD up ...regardless of the news

[11:15] {Threei}  in

[11:15] {Threei}  .62

[11:16] {Threei}  stop under .50

[11:16] {Threei}  .55 for hard core scalpers

[11:18] {Threei}  more weakness in the market

[11:19] {Threei}  CBC, next topic: Garden City under the snow

[11:20] {Threei}  the rest of Canada has their 1 in a 10 years chance to gloat

[11:24] {lisa_jay} TOS fills are amazing....

[11:24] {lisa_jay} out 2/3rds DRYS .10c

[11:24] {Threei}  out .72

[11:24] {Geo} all vad?

[11:24] {Threei}  yeah

[11:25] {Geo} low vol stophunting IMO

[11:25] {lisa_jay} out rest flat.

[11:25] {lisa_jay} Thanks Vad.

[11:26] {jmb} thanks vad

[11:26] {ese} pld stopped....

[11:27] {wishbone} Lisa what are TOS fills?

[11:28] {lisa_jay} Sorry wishbone...my trading platform Think or Swim...not as fast a laser but holding its own.

[11:28] {ese} -.32 on 300shs PLD

[11:28] {ese} rats

[11:29] {wishbone} oh..ok ty

[11:34] {dino} gg sm l .90

[11:41] {Threei}  GM under 3

[11:41] {Threei}  I can't watch this

[11:41] {Geo} personally i dont know trading this week is a good idea

[11:41] {Geo} anemic vol with drifting

[11:44] {Threei}  RIMM .93 short with stop above 42

[11:44] {Threei}  invalidated

[11:45] {dino}  i'm w/you geo

[11:46] {dino} nonsense moves

[11:46] {Geo} I am sitting in front of pc while getting whole house ducting changed.....

[11:46] {Geo} fun times

[11:46] {magoo} sopme of biggest moves asre days like today imo

[11:47] {dino} gas hookups being done at my house today. i am responsible for oil crash

[11:48] {magoo} and i thank u for that...truly

[11:48] {dino} any time

[11:48] {Threei}  used to be oil heating?

[11:49] {dino} yes for 13 years, last year spent $3k on heat, said thats it

[11:50] {Geo} natural gs hookup here

[11:50] {Geo} dont know which works better

[11:51] {dino} neighbors spent $1,800/year last year on gas, so i switched. and gas is way down too, so hopefully................

[11:52] {Geo} nice

[11:52] {magoo} why not hook your a*s up to your house dino??

[11:52] {Geo} hmmmm

[11:53] {wishbone} lol

[11:53] {dino} well, as they say magoo, theres a chair for every azz

[11:57] {dino} lod

[11:57] {Threei}  watching DRYS for quick trip to .50 or under for bounce scalp

[11:58] {Threei}  why did RIMM have to invalidate the short before triggering

[12:00] {lisa_jay} r u in drys vad?

[12:00] {Threei}  no

[12:06] {ese} long EPIX 3/4's .45

[12:07] {ese} going against index ......we'll see.....

[12:08] {ese} thinking it's bottomed out

[12:09] {dino} abfs

[12:10] {dptl} short drys ?

[12:11] {lisa_jay} Is it available to short Dp?

[12:11] {dptl} ups ...no

[12:12] {Threei}  I wouldn't anyway

[12:12] {magoo} u guys are obsessed with DRYS

[12:13] {ese} are you looking at abfs dino

[12:14] {lisa_jay} Yes Magoo...my husband thinks its a name for a Harlequine romance hero or something..

[12:14] {lisa_jay} Drys Shipman

[12:14] {Geo} [12:57] {magoo} I HATE DREYS

[12:14] {magoo} i do

[12:14] {magoo} its a poor trader

[12:14] {ese} out EPIX -,04

[12:15] {Threei}  if I weren't lazy, I'd go over calls on it over last two or three weeks, you'd be amazed how this poor trader performed for us

[12:16] {magoo} if i went over my DRYS im down

[12:17] {dino} hmmmm cat fight

[12:17] {magoo} so i HATE it

[12:17] {wishbone} lol

[12:17] {Geo} 2 slothfull fatcats

[12:17] {Geo} no disrespect intended

[12:18] {magoo} we cant all be yes men in the room :)

[12:18] {dino} fwiw, the dji has been negative since tuesday close

[12:18] {Geo} no vad no we still worship you.................

06[12:19] * Geo is bored

[12:19] {magoo} and fat

[12:19] {Geo} sez who?

[12:19] {dino} 1 plus day in last 7 trading days

[12:19] {dino} dji

[12:20] {dino} imo, they will be markling up big next week, just like last month and month before

[12:20] {magoo} patience told us he he

[12:20] {dino} fed gave the wink, we are not checking up on you

[12:21] {Geo} hmmm dino

[12:21] {patience} ty magoo, i'm expecting down next week but i'll trade what i see

[12:21] {ese} I can't find nut un.......there just ain't any trades to be had

[12:21] {Geo} selling to gussy up year end portfolios for fund managers?

[12:22] {magoo} mkt bounce time imo

[12:23] {magoo} slothy..guussy..quite the lingo lol

[12:24] {lisa_jay} amzn has been good

[12:24] {Threei}  you remember why they downgraded Pluto from planet status to asteroid?

[12:25] {Threei}  said it was small, not bright enough and gussy

[12:25] {lisa_jay} too small?

[12:25] {ese} anyone have a take on how the lower crude prices may effect airline fares?    My high school R&B band has an invitation to 3 european festivals...Belgium, Denmark and Norway.

[12:25] {ese} for the summer

[12:26] {wishbone} vol spike q's

[12:26] {Geo} thanks you magoo have been brushing up my english

[12:26] {Larisa1} GEO, what does your nick mean, Group of Earth Observation or  Global Environment Outlook ?

[12:26] {Geo} used to be GeoArb larissa

[12:26] {Geo} "they" mutiliated it

[12:27] {magoo} they??

[12:27] {ese} mine too

[12:27] {Geo} geographical arbitrage

[12:27] {Larisa1} even better :)

[12:27] {wishbone} lol

[12:27] {lisa_jay} always wondered too.

[12:27] {Geo} just a fancier name for migrants Larissa :)

[12:27] {dino} hmmm, and mine was simply dino the dinosaur

06[12:27] * Threei is now known as nick mutilator

[12:28] {Larisa1} where are you from Geo ?

[12:28] {Geo} = land of phone call reps

[12:28] {Threei}  don't tell me it was you who picked up the phone when I called DELL support

[12:28] {magoo} i was megamagoomiesterbra

[12:29] {Geo} bra magoo?

[12:29] {magoo} oops,lol

[12:29] {magoo} bro

[12:29] {lisa_jay} Those are very sturdy brand Magoo

[12:29] {Threei}  freudian slip?

[12:29] {Geo} if you heard a cackling it was me 3i

[12:30] {Geo} ehtnically indian larissa

[12:30] {Geo} 10 years California 18 yrs africa and 5 yrs India

[12:30] {Geo} now in cyberspace

[12:30] {lisa_jay} I was in Zambia for 5 years Geo.

[12:31] {Geo} nice lisa

[12:31] {lisa_jay} which counry in Africa?

[12:32] {Geo} mediterranean circle

[12:32] {Geo} Libya/Egypt/Malta/Italy

[12:32] {Geo} dad liked to travel

[12:32] {Larisa1} after 18 african years you are oficially "africanian"  :)

[12:32] {Threei}  Italy} in Africa?

[12:33] {Geo} majority was in africa

[12:33] {Geo} i should just say Mediterranean i guess

[12:33] {lisa_jay} Was Mrs. Geo in Africa too?

[12:33] {Geo} yeah

[12:34] {Geo} dated her in high school there

[12:34] {lisa_jay} wow

[12:35] {Geo} i am still stuck on magoo's new nicknale

[12:35] {Geo} name

[12:35] {Geo} vad you should change it back

[12:35] {Threei}  can't

[12:35] {Threei}  other bra producers object

[12:35] {Geo} come on

[12:35] {Geo} it will kill me to think magoo has to type that everyday to get in

[12:35] {Geo} lol

[12:36] {Threei}  'cept our mIRC is on autoconnect :)

[12:36] {Geo} trust me he wouldnt know how to /nick

06[12:36] * laserdave1 slaps Threei around a bit with a large trout

06[12:36] * Geo slaps laserdave1 around a bit with a large slab of canadian ham

[12:37] {laserdave1} who the heck gave u canadian ham?

[12:37] {Threei}  lol

[12:37] {Geo} i got it in the canadian consulate

[12:37] {wishbone} what no maple syrup?

[12:37] {laserdave1} laserdave1 slaps magoo around with Vad

[12:37] {Geo} tough to slap with

06[12:39] * magoo slaps laserdave1 around a bit with a large a basket full of cheer

[12:40] {laserdave1} this slapping is contageous

[12:40] {laserdave1} contagese

[12:40] {laserdave1} contageis

[12:40] {Geo} contango

[12:40] {laserdave1} contageeze

[12:44] {Larisa1} never before presidents were so e-mail active. Getting e-mails from Michelle and Barack every day :)

[12:44] {Threei}  it's just the mouse stuck on Send button

[12:45] {Larisa1} no!  dats because i am vevy important!

[12:47] {Threei}  let me check

[12:47] {Larisa1} bet he is checking his junk e-mail

[12:48] {Threei}  yup/// Michelee says you are

[12:48] {Larisa1} oh :)

[12:48] {Larisa1} ty

[12:49] {ese} long KHD .38 1/2

[12:55] {lisa_jay} nice KHD 

[12:57] {ese} not holding my breath today...this will only mitigate my -.32 in PLD earlier if it works

[12:58] {lisa_jay} Vad, Amzn - would this be a double bottom...for educational reasons only.  Thanks.

[12:58] {ese} out  KHD .68 +.30

[12:58] {lisa_jay} nice

[12:58] {Onix} gj

[12:58] {ese} tks

[12:59] {Threei}  what do tou see as bottoms?

[12:59] {Threei}  you

[12:59] {ese} how bout that....Vads strategy works....keep plugging away and limit losses

[12:59] {Threei}  it does

[13:00] {lisa_jay} From 12 - 12.20 and 12.35 - 12.45

[13:00] {Threei}  take valid setups and play them by the book... the rest will take care of itself

[13:00] {dino} gj es

[13:00] {Threei}  not very pronounced formation lisa

[13:01] {ese} yes......although sometimes I get too aggressive and should be waiting for the setup to appear

[13:01] {lisa_jay} Ok, thanks Vad.

[13:01] {Geo} someone comitted suicide?

[13:02] {Geo} CNBC

[13:02] {ese} huh?

[13:02] {ese} crammer?

[13:02] {Geo} you wish

[13:03] {ese} I give up ....who?

[13:03] {Threei}  some fund manager linked to Madoff

[13:03] {ese} ahhhh....

[13:04] {Threei}  now... Ponzi scheme is criminal, no?

[13:04] {ese} not crammer then.....

[13:04] {Threei}  what do you call the very idea of practically all social programs, benefits and pensions then?

[13:05] {wishbone} like income trusts in canada

[13:05] {Threei}  they all are based on payment to early "investors" from what today's ones bring,

[13:05] {Threei}  they all rely on eternal increase in numbers

[13:06] {ese} don't think thats quite true....

[13:06] {Threei}  and they all collapse if demographics (attraction of new "investors") cotract

[13:06] {ese} money is suppose to be invested properly

[13:07] {dino} es, you forget that politics gets involved

[13:07] {dino} give them more to get elected, messes up whole system

[13:07] {ese} to some extent they require new investors.....but not to just keep the trust going,,...legit ones anyway

[13:07] {ese} although those trust can certainly be mismanaged

[13:11] {magoo} vad..i am eating bacon..and i know u care

[13:12] {dino} sm l oxy .50

[13:12] {magoo} VAD DCC

[13:12] {Threei}  I don't care mags

[13:12] {Threei}  I have my own

[13:12] {Larisa1} vad is healthy eater. carrots for lunch. i hope

06[13:13] * Geo still keeping his slappable canadian ham

[13:13] {Threei}  although I never refuse a chance to get someone else's

[13:13] {magoo} dcc vad

[13:13] {Threei}  carrots

[13:13] {Threei}  yeah

[13:13] {Threei}  that's it

[13:14] {laserdave1} laserdave1 grabs geos canadian ham and slaps geo with it

[13:14] {laserdave1} ahhhhhhhh i see how that works

[13:14] {laserdave1} i like it

[13:14] {Geo} sniff

[13:14] {Threei}  put them in microwave, nuke the so they are crispy, juicy, fat melts

[13:14] {Geo} thats was uncalled for

[13:15] {Threei}  oh wait... that's bacon

[13:15] {Threei}  I just keep it in carrot's package

[13:15] {ese} rats had limit order in ARTC at .48   missed it

[13:15] {magoo} geo...hook laserdave up with slap program ppppaaaalllleeeasses

[13:16] {Geo} nah

[13:16] {Geo} its funny watching him struggle

[13:16] {Threei}  careful geo

[13:16] {laserdave1} Cmon struggle

[13:16] {Threei}  I made too much fun of him once

[13:16] {laserdave1} look at the stuff i come up with

[13:16] {Threei}  guess what he did

[13:17] {magoo} geo..if u use lasaer platform..u made ned dave someday

[13:17] {Geo} jimmied your laser?

[13:17] {Threei}  disconnected my fills from actual market...

[13:17] {Threei}  I traded so well

06[13:17] * Geo frantically looking up instructions for dav

[13:17] {Threei}  but it was all sim as I found out at the end of the month

[13:18] {Threei}  heck, he even was so generous, he gave me $1 price improvements

[13:18] {Geo} look email dave

[13:18] {Threei}  you should hear his evilish laughter when I called to ask where my profits were

[13:18] {Geo} hey dave does laser have sim?

[13:18] {Geo} (serious question)

[13:19] {laserdave1} u mean demos

[13:19] {laserdave1} we have

[13:19] {Geo} demo with real time data

[13:19] {Geo} not prepackaged data

[13:19] {ese} ARTC nice move

[13:20] {Geo} ?

[13:21] {laserdave1} dcc

[13:21] {lisa_jay} Ese, if your entry would have been at .47, where would you put the stop.  Thanks.

[13:23] {lisa_jay} on ARTC

[13:23] {ese} was only going for a 1/2 lot  so was thinking .25

[13:24] {lisa_jay} K, THANKS

[13:24] {lisa_jay} sorry caps

[13:25] {ese} risk $125 for the possiblilty of it going to 5.00 for 250 2:1

[13:26] {lisa_jay} ok.

06[13:27] * laserdave1 slaps Threei around a bit with a large trout

[13:28] {Geo} do you see more slapping options dave?

06[13:28] * laserdave1 slaps Threei around a bit with a large trout

[13:29] {ese} ARTC almost at 5....damn

06[13:29] * magoo slaps Threei around a bit with a large geos canadian bacon which vad stole first but magoo stole from vad when he went looking for fry pan

[13:29] {Geo} HAM HAM

[13:29] {magoo} no, u still have your HAM..but u no longer have your bacon

[13:30] {patience} i have the green egs if you need them Geo

[13:30] {lisa_jay} lol

[13:31] {ese} ARTC  5.00 tsk tsk tsk....what a waste....of no profit

[13:31] {Geo} sigh

06[13:31] * Geo crack open a cognac

06[13:32] * laserdave1 slaps Threei around a bit with a large roll of cash

06[13:32] * laserdave1 slaps Threei around a bit with a large scalping course

[13:32] {Geo} try the last one dave

06[13:32] * laserdave1 slaps Threei around a bit with a large hammer

[13:32] {Geo} nice

[13:33] {lisa_jay} Ese, i feel your pain.

[13:33] {laserdave1} ty so much

[13:33] {laserdave1} very nice

[13:33] {laserdave1} i like 

[13:33] {laserdave1} yes i like

[13:33] {laserdave1} yes

06[13:33] * Geo slaps laserdave1 around a bit with a large tub of canadian maple sugar cookies

06[13:34] * laserdave1 slaps Threei around a bit with a large Santa

[13:34] {laserdave1} nice

[13:34] {ese} yup......thats the type of pain that i've learned to sluff off......used to bug me that i wasn't in but that was a dangerous emotion

[13:34] {laserdave1} i see u have the canadian option built in

[13:35] {Geo} nah

[13:35] {Geo} all in my mind

[13:35] {Geo} just thinking of all the stuff i bough when i was visiting

[13:35] {magoo} jeez dave

[13:35] {lisa_jay} I am working through that Ese...will conqor it eventually with Vad's help.

[13:36] {magoo} i told him to hook u up...not one slap

[13:36] {ese} that emotion can kill your account......specifically the next time when you have a bad trade and you decide to stay in..

[13:36] {ese} when you should get out

[13:36] {lisa_jay} Ese, when do yo move stop to brekeven to wait out for 1:2

[13:37] {lisa_jay} You don't partial out right?

[13:37] {dino} out gg .30, +.40 all day

[13:37] {ese} hmmmmmmm......i don't really partial but i probably should.....

[13:37] {lisa_jay} nice Dino.

[13:38] {Onix} gj

[13:38] {dino} ty lj

[13:38] {ese} usually i don't want to loose anymore then 150 to 200 on any particular trade.....but i'll get out sooner or move the stop up quick if I think the trade ir really risky

[13:38] {dino} and onix

[13:39] {lisa_jay} ok, thanks Ese.

[13:40] {ese} i've tried to learn from vad about position size....in terms of goin 1/2 or full lots.......it's half usually for me if volume is under 2 mill

[13:41] {ese} i've gotten used to seeing what vad sees....I think.....when he's looking for steady prints.

[13:41] {dino} uso wants green imo

[13:41] {ese} that reduces risk for me anyway

[13:42] {ese} if prints are not steady one way or the other i'm usually 1/2 lot or less

[13:44] {lisa_jay} Thanks Ese, learning something everyday.

[13:47] {ese} also trying to learn how dino has mastered short cover rallys.....borders on the existential 

[13:48] {dino} lol

[13:48] {dino} out oxy .90, +.40

[13:48] {lisa_jay} Nice 

[13:48] {dino} ty

[13:49] {dino} es, sm size allows for entry errors

[13:49] {ese} have practised traded a few but have not got them to work for me

[13:49] {ese} for your short cover rallys?

[13:49] {dino} y

[13:49] {ese} tks

[13:50] {dino} also, look at support levels from days/weeks past

[13:50] {dino} we know yesterdays, 8372 dji; 1169 ndx; 871 s&p

[13:51] {dino} and dec. 8,118, 1096, 818

[13:51] {ese} yes....and do you wait for those levels in particular to trade off of

[13:52] {dino} i use prior day, then weekly, then monthly(which hasn't come too close yet)

[13:52] {dino} overall, we are in a big range sell dji over 8800, buy around 8300

[13:53] {ese} have been kind of aware of that......need to pay more attention to it though

[13:54] {dino} 500 pts right, and typically we range 300 pts/day, so....extrapolate

[13:54] {ese} (: 

[13:55] {dino} ok, do we drop hard again at 2?

[13:55] {dino} and bounce big around 3:35-40

[13:56] {patience} i scalp goldcorp frequently...30 minute daily charts for the past 10 days...very similar pattern

[13:56] {dino} gg

[13:56] {patience} i just keep scalping whomever set up the buy/sell program

[13:57] {patience} although volume has lightened up

[13:57] {dino} gj, nice 5 days pattern too29=-27.50ish

[13:57] {patience} i'm trading on the canadian side but american must be similar

[13:58] {patience} i'll sell my goldcorp stock this week because COTS reports say gold is down next week probably

[13:58] {ese} theres your dow answer dino.....20pts jump

[13:58] {patience} i'll keep the options

[13:58] {dino} i think head fake es, but will wait a few

[13:59] {dino} same pattern yestday'

[13:59] {Threei}  we may get some ramp up here

[13:59] {lisa_jay} Amzn breaking out of asc triangle.

[13:59] {dino} and fri, and thurs

[14:00] {Geo} nice patience

[14:01] {Geo} i just started reading a book on the cots report

[14:01] {Geo} just trying to figure it out

[14:01] {patience} http://www.cotstimer.blogspot.com/

[14:01] {ese} patience....do you wait for one dn or up bar and on a reversal and then enter at the high or low of the bar 30mins that is?

[14:01] {patience} this guy is fixated with it, i leave him to do the number crunching

[14:02] {Geo} some people i know use this: http://www.bullishreview.com/

[14:02] {patience} thanks geo

[14:02] {Geo} they do well I dont use it though

[14:02] {patience} ese, i use the 30 or 60 to look for larger patterns

[14:03] {Geo} dont trade commodities much

[14:03] {patience} i use shorter timeframes for scalping

[14:03] {patience} 5 or 10 minutes

[14:03] {patience} then go by rsi and macd

[14:03] {Threei}  RIMM

[14:03] {Threei}  long .96 if takes that offer by UBSS at .95

[14:04] {Threei}  needless to say, with market help

[14:04] {Geo} thanks a lot patience........ what are some  good gold symbols?

[14:05] {Geo} will make for good vacation reading :)

[14:05] {patience} depends on your risk profile

[14:05] {magoo} go ahead and say it vad

[14:05] {patience} i like goldcorp for scalping, barrick can act weird around options expiry

[14:05] {Geo} medium lol

[14:05] {patience} used to scalp kinross alot, but they own russian gold mine....so no more

[14:06] {Geo} you dont do just plain gold?

[14:06] {patience} i don't do juniors any more, they can fold in an eyeblink

[14:06] {patience} i buy gold physical

[14:06] {Geo} ahhhh

[14:06] {patience} i do gold etf's, although

[14:06] {Geo} symbols?

[14:06] {patience} i'm nervous of etf's starting to have to fold some of their stuff now

[14:06] {Geo} gld?

[14:07] {patience} that's on the u.s. side right?

[14:07] {dino} y

[14:07] {patience} i don't do u.s. anymore, currency fluctuation is too volatile

[14:07] {Geo} thats UBSS 390 no budging

[14:08] {Threei}  oil 39?

[14:09] {patience} 39.04

[14:09] {patience} has gone back up

[14:09] {Geo} invalid vad?

[14:10] {Threei}  that far from trigger, I'd rather switch to scalping bounce when marketreverses

[14:11] {wishbone} don't have UBSS on level 2 in Laser

[14:11] {wishbone} . Is that something to pay for....anyone?

[14:11] {Threei}  no

[14:11] {Threei}  just one of MMs

[14:11] {wishbone} setting  in level 2?

[14:12] {Threei}  look DRYS

[14:12] {Threei}  see him at 9.73?

[14:12] {Geo} MADF disseappeared hehehehehehe

[14:12] {Threei}  .75 now

[14:12] {wishbone} ooops sorry...looking at rimm!:) thnxs Vad

[14:12] {Threei}  on RIMM he is just too far from current market

[14:13] {Geo} its there at rimm at .95

[14:13] {wishbone} ok ty Geo

[14:14] {Geo} MADF used to be madoff

[14:16] {dino} cb sm l .95

[14:17] {lisa_jay} vad u in rimm?

[14:17] {Threei}  no

[14:18] {Threei}  slept through reversal

[14:18] {lisa_jay} :-)

[14:21] {lisa_jay} false break out?

[14:21] {lisa_jay} markets

[14:23] {Threei}  it's not even breakout

[14:23] {Threei}  merely little bounce

06[14:24] * magoo slaps Threei around a bit with a large motivational manuel on how too pick trades condstantly bv recognizing setups

[14:25] {Threei}  I think I am retiring...

[14:26] {patience} magoo, aren't you a little nervous meeting Vad in Nassau and him teaching you some water therapy at the beach

06[14:26] * magoo slaps Threei around a bit with a large large book about how to enjoy golden years of retirement thru running daytrading scalp room

06[14:26] * Threei makes a mental notice of necessity to master and perfect waterboarding techniques

[14:27] {magoo} i cant find any bus tickets to nassau yet

[14:27] {patience} uh huh, i believe you

[14:27] {Threei}  that's because it's only accessible by street-car

[14:28] {lisa_jay} amzn

[14:28] {lisa_jay} sorry...too many screens to type into...

[14:41] {dptl} .

[14:48] {dino} cb stopped -.37

[14:49] {dino} sso bottom yesterday around 23.84

[14:49] {magoo} VADDDDDd

[14:49] {magoo} bouncers??

[14:49] {Threei}  I'd feel more confident about that if we made one more sharp leg down

[14:50] {Threei}  all we are getting on this selloffs is a few cents bounce

[14:50] {Threei}  not worth the risk

[14:51] {dino} wait magoo

[14:51] {dino} 3:35 for the bounces

[14:52] {ese} have a great rest of the day all....have shoppin g to do see ya tamara.

[14:52] {Threei}  take care ese, drive carefully

[14:52] {Threei}  they promised more of this white stuff

[14:52] {ese} will do

[14:53] {lisa_jay} bye Ese

[14:53] {dino} cya es

[14:53] {patience} bye ese

[14:53] {wishbone} take er easy ese

[14:53] {dino} that guy's fast

[14:58] {Threei}  wish... how does your Murano hegotiate this slush?

[14:58] {wishbone} wicked...had to put er in AWD a couple times....you?

[14:58] {Threei}  well, mine is Winnipeg-trained {G}

[14:59] {wishbone} lol

[14:59] {Threei}  it runs AWD automatically

[14:59] {Threei}  turns

[14:59] {wishbone} no button on lower console?

[14:59] {Threei}  yes

[15:00] {dino} panl

[15:00] {Threei}  I just found out it always turns it on before I can when road conditions warrant it

[15:00] {wishbone} hmmm

[15:01] {Threei}  had to switch to L though to get out of my residential

[15:01] {Threei}  and being a good neighbor, made couple circles to pack the snow for smaller cars

[15:01] {wishbone} oh.....nice

[15:02] {lisa_jay} Dino, what are the key reversal times that you look at.  Thanks.

[15:07] {dino} 2:00 it's been falling hard and 3:35-40 it's benn closing up hard (80-100 pt moves)

[15:07] {dino} benn=been

[15:08] {dino} 857 s&p lod yesterday, 1169 ndx, 8519 dji, watch them imo

[15:08] {dino} dji 8372

[15:09] {lisa_jay} thank you.

[15:09] {dino} np

[15:11] {dino} perhaps everybody wants to get in front of the 3:35 train

[15:12] {lisa_jay} looks like that

[15:14] {Threei}  lisa, if you want nicely shaped double bottom, RIMM shows just that

[15:14] {lisa_jay} Ok, thanks vad.

[15:15] {Geo} hmmm

[15:15] {Geo} nice shaped double bottom

[15:15] {Threei}  hmmm

[15:15] {Threei}  sounded better before I said it

[15:16] {magoo} give me a winner for 1000 bux into bell vad

[15:17] {Geo} 350 here pls

[15:17] {Threei}  1000 is a bit too much.... but if haven;t hated DRYS so much you would take .70 break just now

[15:17] {Threei}  big offer

[15:19] {magoo} u can do better than that boss

[15:22] {patience} magoo, you have heard the expression 'floaters

[15:23] {Threei}  RIMM bounce area is around .60 this time

[15:23] {magoo} i like that :)

[15:23] {patience} oops, i was thinking that, how did that suddenly appear in type

[15:24] {Threei}  in, stop under .50

[15:24] {Threei}  ugh, don't chase

[15:25] {Threei}  too fast

[15:25] {lisa_jay} whrere u in from?

[15:25] {Threei}  .58

[15:25] {Threei}  just a scalp so no chasing that far

[15:26] {Threei}  and missed exit while typed, lol

[15:26] {Threei}  anywat, stop under .50

[15:26] {lisa_jay} sorry

[15:26] {Threei}  nah, I missed it while typed stuff before your question :)

[15:27] {Threei}  out

[15:27] {Threei}  .70

[15:27] {lisa_jay} ok, now that is how you scalp Lisa!

[15:27] {Threei}  ecept no incessant typing between entry and exit, lol

[15:28] {magoo} nice vad

[15:28] {Threei}  you don't know best part yet maags

[15:28] {magoo} full lot?

[15:28] {Threei}  never thought I would do ever this but

[15:28] {Threei}  double lot

[15:29] {Larisa1} double lor and you are typing in between ?  careful vad :)

[15:29] {magoo} magoo faints..heads smacks keyboard..buys doublre lot goog while he is unconscious

[15:30] {Threei}  yeah, that wasn't very smart of me

[15:30] {patience} magoo, if you are going to do one of your extreme trades, wait a sec, i'll get a glass of wine and watch you

[15:30] {Threei}  RIMM really changed its wicked ways

[15:30] {patience} used to love watching magoo's friday afternoon trades

[15:30] {Threei}  still a great trader but so much more manageable

[15:31] {patience} Rimm or magoo?

[15:31] {Larisa1} lol

[15:31] {Threei}  magoo is unmanageable

[15:32] {cosmo} PALM's up ... in a cup&handle ... could get hot...

[15:33] {cosmo} at .67

[15:33] {Threei}  and yesterday high is nearby, .71

[15:33] {Threei}  interesting find cosmo

[15:33] {cosmo} a bail out play...

[15:36] {Threei}  watching for another bounce from under .70

[15:36] {Threei}  RIMM

[15:36] {Onix} ty Vad, i got 20c in RIMM

[15:36] {Threei}  wtg onix

[15:36] {magoo} in rimm .49

[15:37] {dino} wtg

[15:37] {lisa_jay} nice Onix

[15:37] {Threei}  .49?

[15:38] {magoo} freak..i in AAPL

[15:38] {magoo} mistake

[15:38] {magoo} watching aapl

[15:39] {Onix} ty

[15:41] {magoo} out 

[15:41] {magoo} dummy

[15:41] {Threei}  in

[15:41] {Threei}  .66

[15:41] {Threei}  stop under .60, very tight

[15:43] {Threei}  CFTC HAS REPORTEDLY APPROVED PROPOSAL FOR CLEARING OF CREDIT DEFAULT SWAPS

[15:43] {dino} cb sm l .35

[15:43] {Threei}  CME is probably beneficiary

[15:44] {Threei}  tough one to trade

[15:47] {Threei}  half out RIMM .75

[15:47] {Threei}  just to rewduce the risk

[15:47] {Threei}  takes a bit too long

[15:47] {dino} ok's cme credit deriviatives clearing plan, cyber

[15:48] {Threei}  moving

[15:48] {Threei}  horrific spread

[15:49] {dino} y

06[15:50] * Threei kicks RIMM in the rear

[15:50] {dino} will watch cme tomprrow

[15:50] {dino} tomorrow

[15:51] {Threei}  you think its spread improves overnight?? :)

[15:51] {magoo} ive seen it go 10 points in last 10 minutes before

[15:51] {magoo} dangerous

[15:51] {magoo} safer taking 2k goog

[15:52] {lisa_jay} Thanks Vad, got 9c on Rimm

[15:52] {Threei}  see? it's easy

[15:52] {dino} thing is risky, but news seems good, was 225 a few days ago

[15:53] {dino} 2 days ago

[15:53] {lisa_jay} Only when you call em Vad.

[15:55] {patience} last hour trading volumes getting impressive these days, more overnight trading happening

[15:56] {dino} all those traders thrown out of work at the big boys patience

[15:56] {patience} i guess dino

[15:56] {dptl} have a good evening all

[15:56] {patience} i've put in overnight sell orders

[15:56] {dino} we may see a new rise of the daytrader

[15:56] {Threei}  take care dp

[15:56] {patience} let's see how they do with risk when its their money dino...

[15:56] {patience} bye dp

[15:57] {dino} lol patience

[15:57] {dino} cya dp

[15:57] {lisa_jay} Thanks everyone.

[15:57] {dino} cya lj

[15:57] {Threei}  out RIMM balance .

[15:57] {Threei}  .78

[15:57] {wishbone} bye lisa

[15:57] {Threei}  time ran out on me :)

[15:58] {Threei}  thank you all

[15:58] {Threei}  have a good evening, see you tomorrow

[15:58] {Larisa1} bye all

[15:58] {patience} thanks all

[15:58] {dino} cya vadster

[16:00] {dino} out cb .60, +.25

[16:02] {magoo} good nite vad..all

Dec 22 2008

Was I due to a losing day or what. Nothing worked today, couple scalps couldn't offset small but numerous stops. Oh well. Low volume days tend to do that to me. Normal trading is not likely to restore until after the holidays.

Session Time: Mon Dec 22 00:00:00 2008

[07:26] {Threei}  *TED SPREAD OPENS AT 147BPS V 150BPS PRIOR; LIBOR-OIS SPREAD AT 125BPS V 130BPS PRIOR

[07:26] {Threei}  - Ted Spread at its lowest level since Sept 12th

[07:49] {Threei}  *TED SPREAD OPENS AT 147BPS V 150BPS PRIOR; LIBOR-OIS SPREAD AT 125BPS V 130BPS PRIOR

[07:49] {Threei}  - Ted Spread at its lowest level since Sept 12th

[08:09] {Threei}  BALTIC DRY BULK INDEX FALLS 2.1%

[08:21] {Threei}  FMCN

[08:21] {Threei}  ANNOUNCES AGREEMENT TO COMBINE ITS DIGITAL OUT-OF-HOME BUSINESS WITH SINA

[08:21] {Threei}  - entered into a definitive agreement with SINA Corporation (Nasdaq GS: SINA), a leading online media company and value-added information service provider for China and for global Chinese communities, that SINA will acquire substantially all of the assets of Focus Media''s digital out-of-home advertising networks, including LCD display network, poster frame network and in-store network. Focus Media will retain its Internet advertising division, the movie theater advertising network portion of its commercial location network and certain traditional billboards.

[08:28] {Larisa1} good morning :)

[08:28] {Threei}  Larisa :)

[08:29] {Larisa1} gm threei, no Christmas vacation for you ?

[08:29] {Threei}  canceled due to snow

[08:29] {Larisa1} chicken

[08:30] {Threei}  friends were supposed to fly in for a week

[08:30] {Threei}  spent whole day in airport, had to return home

[08:31] {Larisa1} sorru :( my friends traveld to Florida for a week through all this snow. Crazy people.

[08:31] {Larisa1} u=y

[08:31] {Threei}  we had about 20-30 cm over the weekend

[08:31] {Threei}  this is in the city that is totally unequipped for dealing with this scale of snowfall

[08:32] {Larisa1}  Spring is coming soon!

[08:32] {Threei}  well, for us in a week or two - unless global warming deepens

[08:32] {Larisa1} lol

[08:33] {Threei}  funny quip by local reporter,

[08:33] {Threei}  Victoria's three step snowfall response:

[08:33] {Threei}  1. demand that prime minister do something

[08:33] {Threei}  2. call out grief councellors

[08:34] {Threei}  3. pump Prozac directly into water supply

[08:41] {Threei}  many locals are delighted by perspective of white Christmas, which is once a ten years occurence here

[08:42] {Threei}  me, I won't get back my appetite for snowscapes for another 10 years probably

[08:46] {Larisa1} El-Erian says 2008 - crisis of financial system. 2009 - crisis of economic system. Second is better for daytrading ?   

[08:46] {Larisa1} :)

[08:50] {Threei}  sure... what else are all those with no jobs going to do but daytrade

06[08:55] * Threei slaps laserdave1 around a bit with a large ball of snow

[08:56] {laserdave1} laserdave1 knocks over threeis snowman

[08:57] {magoo} morning

[08:58] {Threei}  magoo :)

[08:58] {lisa_jay} Good Morning everyone.

[08:59] {wishbone} morning all

[08:59] {Threei}  lisa :)

[09:00] {magoo} minus 15 degrees with wind chill here

[09:01] {_elepet} good morning

[09:01] {Threei}  elepet :)

[09:02] {Larisa1} where are you located magoo? :) morning lisa, magoo, wish, elepet :)

[09:02] {lisa_jay} Hi Larisa

[09:04] {Onix} Good morning everybody

[09:05] {dawg} gm all

[09:05] {Threei}  onix :)

[09:05] {Onix} hi dawg

[09:05] {dawg} hello Onix

[09:07] {dino} gm all

[09:07] {Threei}  dawg, dino :)

[09:08] {dino} about 16" of snow fell from fri-sunday

[09:09] {patience} happy kids dino?   good morning

[09:10] {dino} y

[09:10] {dino} santa's arrival no problem now according to my daughter

[09:10] {Onix} hi dino

[09:10] {dino} :)

[09:11] {Threei}  not if he booked air, dino

[09:12] {Geo} good morning

[09:12] {tomg} good morning everyone

[09:12] {dino} lol

[09:12] {Geo} overnight rain here

[09:12] {Threei}  geo, tom :)

[09:12] {Threei}  rain?

[09:12] {Geo} yup

[09:12] {Geo} i know its tough

06[09:13] * Threei slaps Geo around a bit with a large list of sufferings caused by real precipitations

[09:13] {_elepet} here too. that's california for you

[09:15] {ese} morning

[09:15] {Threei}  ese :)

[09:15] {ese} slapped.... that would be a rude awakening

[09:15] {Onix} hi ese

[09:16] {ese} Vad part of Trade the news do you subscribe too?

[09:16] {ese} What part?

[09:16] {ese} onix

[09:16] {Threei}  just text

[09:16] {dptl} good morning all

[09:16] {Threei}  hate the constant voice, can't focus on it

[09:16] {Threei}  dp :)

[09:17] {ese} dp.....how you liken the snow so far?

[09:17] {magoo} not telling u larisa, u scare me lol

[09:17] {ese} gotcha....

[09:17] {Larisa1} :)

[09:17] {Threei}  sound has time advantage

[09:18] {Threei}  for someone who wants to catch news a few seconds earlier that would make sense

[09:18] {ese} tks

[09:18] {Threei}  back in 5

[09:24] {KSystems} good morning :)

[09:25] {Threei}  KS :)

[09:25] {Threei}  OK guys, volume is likely to low

[09:25] {Threei}  so we are in that picky mode

[09:26] {cosmo} SQNM ... ?

[09:26] {ese} ksys...

[09:27] {Threei}  no news SQNM that I see

[09:27] {magoo} vad, keep eye on RIMM see if it wants to continue 

[09:27] {Onix} hi ks

[09:27] {magoo} from friday

[09:27] {ese} tough slog ou to the exercise room vad.....you'll get your exercise just trying to make it through the snow

[09:27] {magoo} it was nice

[09:27] {cosmo} cramered ... i think

[09:28] {Threei}  lol ese

[09:28] {Threei}  RIMM, want to let it trade a bit, then see if it shapes up

[09:29] {dptl} you have snow too??? islanders

[09:29] {Threei}  yeah

[09:29] {dptl} maaan...i can't find my car anymore here

[09:29] {Threei}  lol

[09:29] {Threei}  pile of snow on wheels

[09:30] {Threei}  push alarm button on remote, see which pile of snow responds

[09:30] {dptl} lol

[09:30] {cosmo} my woody outside... al covered with snow...

[09:30] {cosmo} all

[09:31] {Threei}  DRYS bounce candidate, half lot, next leg down

[09:31] {Threei}  or .60 break if holding .50

[09:33] {Threei}  if caught it, 1:1 is reached

[09:35] {magoo} lon gQ .71

[09:37] {gen} gm everybody

[09:37] {Threei}  RIMM pullback to under .40 on watch for long entry

[09:37] {Threei}  half lot, stop under .20

[09:37] {Threei}  gen :)

[09:37] {Threei}  first strength from here

[09:37] {Onix} hi gen

[09:38] {gen} VAd Onix:)

[09:38] {Threei}  use Qs as leading indicator

[09:38] {Threei}  in .12

[09:38] {Threei}  stop under 42

[09:39] {Geo} .10

[09:39] {Geo} half out

[09:40] {Geo} stopped\

[09:40] {Threei}  yeah, wash

[09:40] {magoo} stopped Q

[09:40] {Geo} i love pten

[09:40] {Geo} copmment vad?

[09:40] {Geo} salmon

[09:41] {Geo} comment heh

[09:41] {Threei}  too low volume yet

[09:42] {lisa_jay} Stopped Rimm

[09:42] {lisa_jay} Washed.

[09:42] {Threei}  caught RIMM finally for a nice bounce but way too fast

[09:42] {lisa_jay} or Rinsed.

[09:42] {Threei}  .85 - .15

[09:43] {Threei}  market is till too nervous

[09:44] {ese} check out daily chart on SNDK

[09:44] {Threei}  10 brweak looks interesting ese

[09:44] {ese} could go along way above 10

[09:44] {ese} yes indeed

[09:46] {ese} is there news

[09:46] {ese} SNDK that is

[09:47] {Threei}  nope

[09:47] {Larisa1} SanDisk Named CES Innovations 2009 Design and Engineering Award Honoree

[09:49] {ese} tks Larisa...

[09:49] {Larisa1} yw

[09:50] {Threei} Long Setup:  MS  .40 break if stays above .30

[09:51] {magoo} in MS

[09:52] {lisa_jay} in ms

[09:55] {Threei}  come on market bounce

[09:58] {magoo} im starting to NOT believe in santa anymore

[09:59] {Geo} nawwwwww

[09:59] {Threei}  he still have couple days to convince you

[10:00] {ese} legitimate  complaint under the circumstances.....

[10:01] {Threei}  sharp pullback RIMM

[10:01] {Threei}  42 cross half lot

[10:02] {Threei}  if holding above 41.90

[10:03] {lisa_jay} r u still in MS Vad?

[10:03] {Threei}  yes

[10:05] {magoo} MS slow like this?

[10:06] {Threei}  held back by weak market

[10:06] {Threei}  can be much faster

[10:06] {Threei}  no worky

[10:07] {lisa_jay} Stopped MS.

[10:08] {Onix} stopped ms

[10:08] {magoo} stopped

[10:09] {Threei} Long Setup:  DRYS  .71

[10:09] {Threei}  stop under .60

[10:11] {magoo} vad news POT?

[10:11] {Threei}  couple downgrades

[10:11] {magoo} recent?

[10:11] {Threei}  today

[10:12] {magoo} TY

[10:12] {cosmo} poor harvest?

[10:12] {ese} just about to say that cos

[10:12] {cosmo} :)

[10:13] {Larisa1} buyers are sleeping late today 

[10:13] {Threei}  they are stuck in the snow

[10:14] {cosmo} with solstice party hang overs

[10:20] {lisa_jay} targets for Drys Vad?

[10:20] {Threei}  half at 1:1 for me

[10:20] {Threei}  holding well, want to try and milk it

[10:21] {lisa_jay} ok, thank you.

[10:21] {Threei}  watching AAPL

[10:21] {Threei}  no trade yet, but if market reverses 87 break should be nice setup

[10:23] {Threei}  ideally, want to see tighter botom to form on this pullback, and market jump up to terigger the trade

[10:23] {dino} watching rimm

[10:23] {ese} Long SNDK .66 full lot

[10:24] {ese} want to do a dino here

[10:24] {Threei}  ok... .80 - .85 support AAPL

[10:24] {Threei}  87 break long

[10:24] {dino} es?

06[10:25] * Threei kick NASDAQ in the rear

[10:25] {ese} or the Q's

[10:25] {dino} again please

06[10:25] * Threei kicks DRYS in the rear

[10:25] {dino} rimm sm l .85 risky

[10:26] {dino} too soon

[10:27] {Threei}  AAPL is invalidated

[10:27] {Threei}  maybe bounce scalp off .50

[10:29] {ese} dino don't fail me now!!!  come on SNDK.....

[10:30] {dino} aapl support pretty good around .60

[10:30] {dino} imo

[10:32] {dino} no mkt help

[10:32] {lisa_jay} Drys, stop still under .60 Vad?

[10:32] {ese} take a look at VMED's 1 min chart...... up or dn?

[10:32] {Threei}  under .65 makes sense

[10:33] {lisa_jay} thanks.

[10:34] {Threei}  half out DRYS

[10:34] {Threei}  .82

[10:35] {Geo} jpm strong

[10:35] {lisa_jay} half out .83

[10:36] {Threei}  (CA) REPORTEDLY CANADIAN CONSUMER CONFIDENCE FALLS TO LOWEST LEVEL SINCE 1981 - CONFERENCE BOARD OF CANADA

[10:37] {Threei}  die loonie

[10:37] {lisa_jay} hopefully a double bottom in NQ.

[10:37] {dino} ugh aapl, chickened out

[10:38] {Geo} in JPM from .94

[10:38] {lisa_jay} come on Drys....

[10:39] {dino} qqqq sm l .49

[10:39] {lisa_jay} Ahm...wrong way Drys..

[10:40] {lisa_jay} Stop moved to break even or still .65 Vad on Drys?  Thanks.

[10:40] {Threei}  JPM, cross back over 31 long half lot

[10:40] {Threei}  if holding above 30.90

[10:40] {Threei}  under .70, lisa

[10:42] {Geo} dna

[10:42] {Geo} roche upping offer rumor

[10:42] {Threei}  DNA

[10:42] {Threei}  STRENGTH ATTRIBUTED TO SWISS NEWPAPER REPORT THAT ROCHE MAY BOOST OFFER

[10:43] {Threei}  JPM invalidated

[10:43] {Threei}  out second half DRYS

[10:43] {lisa_jay} yup, sigh

[10:43] {dino}  markets saying "suckers"

[10:44] {magoo} bounce time now imo

[10:45] {lisa_jay} what the?

[10:45] {Threei}  deuce?

[10:46] {lisa_jay} *h*t!

[10:46] {Threei}  low volume jerkiness

[10:47] {Geo} looks like momentum scalping for 10 cents order of day

[10:48] {Threei}  watching RIMM for long if NASDAQ reverses up again here

[10:48] {Threei}  42 is nice support

[10:48] {Threei}  close to a very tight stop

[10:49] {Threei}  .10 break trigger

[10:49] {Threei}  see that big ARCA offer?

[10:50] {Threei}  that's your indication of upward-bound resolve if taken

[10:51] {Threei}  white Christmas for entire Canada first time wince 1971

[10:51] {lisa_jay} JPM still valid Vad?

[10:51] {Threei}  nah

[10:53] {magoo} like butter vad RIMM .11

[10:53] {Threei}  with any market help RIMM is going to .30 - .40 at least, quite possible higher

[10:53] {Threei}  but... market help is a big unknown

[10:53] {magoo} more like 60-.70 ino

[10:54] {Threei}  that would fall into "quite possibly higher" category

[10:54] {Geo} ino = I KNOW

[10:54] {magoo} oh he he

[10:54] {magoo} geo..means i cant type worth a shit

[10:54] {magoo} ino=IMO

[10:54] {dino} black imo

[10:55] {Geo} j/k

[10:56] {dino} black=green, magoo was confused

[10:56] {Threei}  offering half above .30

[10:56] {magoo} im waiting .63

[10:56] {Threei}  andf not telling exact price lewst magoo undercuts me

[10:57] {magoo} can change mind on a dime tho

[10:57] {lisa_jay} stop under 42 Vad?

[10:58] {Threei}  roughly

[10:58] {Threei}  RIMM requires a little padding room

[10:58] {Threei}  while 42 is chart support, its last pullback bottomed out at .97

[10:58] {Threei}  so I'd say .95

[11:01] {Threei}  DRYS, interesated in bounce if falls into 10 quikcly

[11:04] {Threei}  here comes DRYS

[11:05] {Threei}  in

[11:05] {Threei}  stop around .90

[11:06] {Threei}  come on market some intestinal fortitude?

[11:07] {Threei}  half out DRYS

[11:07] {Threei}  stop to under 10

[11:08] {Chaeron} sorry I'm late... good morning all

[11:08] {Threei}  chaeron :)

[11:08] {magoo} C :)

[11:08] {Larisa1} gm Chaeron :)

[11:12] {lisa_jay} Rimm Stopped...

[11:12] {Threei}  good boy DRYS, held 10... now break .15 to confirm double bottom and go

[11:12] {magoo} target vad DRYS?

[11:12] {magoo} .40 area?

[11:12] {Threei}  want something closer to .30

[11:14] {Geo} out rimm

[11:18] {dino} out rimmm flat

[11:18] {lisa_jay} HUN

[11:23] {Geo} sigh

[11:23] {Threei}  second half DRYS no worky

[11:23] {Geo} what were you saying about santa magoo?

[11:23] {Threei}  tooth fairy?

[11:24] {Threei}  easter rabbit?

[11:24] {Threei}  don't tell me they don't exist either

[11:25] {dino} lod's

[11:26] {dino} stages of life, you believe in santa, you don't believe, you become 

[11:26] {Threei}  wow DRYS

[11:28] {dino} sso l .00

[11:31] {dino} qqqqstopped -.16

[11:33] {ese} SNDK stopped .-16

[11:37] {dino} fwiw approaching lows of last week s&p, ndx, dji broke them

[11:40] {Geo} Note this move coming in thin trading...volume on NYSE over the first two hours today is lowest since end of August

[11:40] {Geo} from briefing

[11:51] {lisa_jay} ....

[11:55] {dptl} .

[11:56] {lisa_jay} thanks DP...thought i was disconnected.

[11:56] {Threei}  no, you are fine, that's market that is disconected

[11:57] {lisa_jay} CHS Vad, Long .80 stop below .75

[11:58] {Threei}  market seems to be waking up

[11:59] {Threei}  although volume remains so anemic

[12:00] {lisa_jay} yup, but my head hurts from being a Whack - a - mole

[12:03] {Onix} same here ... lol

[12:03] {Threei}  whiners

[12:03] {lisa_jay} :-)

[12:06] {lisa_jay} FMCN down 18%

[12:09] {ese} back long SNDK with my dino strategy .41

[12:09] {lisa_jay} FMCN jumped 30 c teleportation.

[12:10] {lisa_jay} S*i*t

[12:13] {lisa_jay} i'm pretty sure that if i had bought it at .01, it would have tanked 50c.

[12:15] {Threei}  it just did

[12:15] {lisa_jay} yeah...scary stock.

[12:17] {Threei}  feeling is, market is ready to reverse

[12:18] {Threei}  took 23 cents on FMCN

[12:18] {Threei}  .02 - .25

[12:19] {Threei}  coulnd't resist, support was holding too well

[12:19] {lisa_jay} Yea...was too chicken to buy both times...where would the stop be vad if taking .02

[12:19] {Threei}  just under 9

[12:19] {lisa_jay} lol..i am an extra coward.

[12:21] {ese} vad...which feature of this Trade the news do you use...The "all Scrolling headlines"

[12:21] {Threei}  thrid time is more dangerous lisa

[12:21] {Threei}  tab News Station, eswe

[12:21] {Threei}  ese

[12:22] {lisa_jay} yeah..not taking it formed lower lowor desc. triangle almost.

[12:23] {Threei}  likely to lose 9 this time

[12:24] {magoo} whgich?\

[12:24] {dino}  sm aapl l .60

[12:25] {Threei}  FMCN mags... non-shortable anyway

[12:25] {magoo} drys vad? lose 9?

[12:25] {magoo} ok

[12:28] {lisa_jay} fmcn broke.

[12:28] {Threei}  here we go FMCN

[12:30] {lisa_jay} Reason i did not go long at .01 the first and second time it tested it was that FMCN teleports and was scared it would teleport over stop.

[12:36] {lisa_jay} Drys teleporing between .30 to .40

[12:36] {Threei}  in case you were wondering,

[12:36] {Threei}  (RU) RUSSIA TO REPORTEDLY STOP PORK IMPORTS FROM CERTAIN US PLANTS

[12:36] {lisa_jay} fmcn

[12:37] {lisa_jay} sorry wrong screen

[12:37] {lisa_jay} drys

[12:37] {ese} how much of this news do you find effective vad?

[12:38] {Threei}  I don't know how to answer that ese...

[12:38] {Threei}  keeps me informed... allows to find the news on company of interest

[12:39] {Chaeron} and make jokes of the others

[12:39] {Threei}  that I can do without any help

[12:39] {ese} gotcha!!

[12:41] {Geo} i used to have it ese and they increased the price on me.

[12:41] {dino} only you geo

[12:41] {Geo} After they refused to negotiate, I moved to briefing

[12:42] {Geo} I find it adequate for what I want

[12:42] {Geo} it lags TTn by about 20-30 seconds

[12:42] {Geo} what can i say dino

[12:42] {Geo} I never get good thanksgiving deals too !

[12:42] {lisa_jay} lol

[12:43] {dino} lol geo

[12:45] {lisa_jay} vad u in drys?

[12:45] {Threei}  no... hesitated

[12:45] {Threei}  qwatching if we get pullback to .50 or under

[12:46] {lisa_jay} is that a double bottom?

[12:46] {Threei}  kind of yeah

[12:46] {lisa_jay} ok, thanks.

[12:48] {dino} fxi l sm .24

[12:53] {Threei}  ugh

[12:53] {Threei}  never got my pullback and missed a play completely

[12:53] {lisa_jay} pulled to .55 only

[12:54] {magoo} i missed a fill at .70

[13:03] {Threei}  grrr

[13:14] {Threei}  FNF

[13:14] {Threei}  ANNOUNCES CHAPTER 11 BANKRUPTCY COURT APPROVAL OF AMENDED STOCK PURCHASE TERMS AND NEBRASKA REHABILITATION ORDER TO RELEASE COMMONWEALTH LAND TITLE AND LAWYERS TITLE FROM REHABILITATION

[13:14] {Threei}  huh?

[13:15] {Chaeron} something about Nebraska lawyers needing rehabilitation?

[13:15] {Geo} why nebraska?

[13:15] {Geo} i thought all did?

[13:17] {Threei}  lol

[13:17] {Geo} ok my scanners dead

06[13:18] * Geo checking if he paid up the subscription

[13:18] {Threei}  I even tried to sprinkle the monitor with vodka

[13:18] {Threei}  no help

06[13:18] * dptl slaps Threei around a bit with a large trout

[13:18] {Geo} i am all about the christmas spirit

[13:18] {Geo} drinking spiked eggnog since 9

[13:19] {ese} hard core!

06[13:21] * Geo passes the cups around

[13:22] {ese} paper?

[13:24] {Geo} waterford for you ese

[13:26] {Geo} vad........ no russian jokes?

[13:26] {Threei}  only funny ones geo, and I am not telling those

[13:26] {Geo} sheesh

[13:26] {Geo} yup you have a track record to protect

[13:27] {Threei}  korrekt

[13:27] {Threei}  I spent years building up my reputation of being decisively not funny

[13:27] {Threei}  not going to ruin it with one uncharacteristically and unfortunately funny joke

[13:32] {Threei}  first (latest) 4 photos at http://www.flickr.com/photos/36948132@N00/, for your seasonal viewing pleasure

[13:33] {Threei}  DRYS is back into .50 support

[13:33] {KSystems} is that your tree @home?

[13:33] {Threei}  yup

[13:35] {lisa_jay} Anyone green for the day?

[13:36] {dptl} my christmas tree :) Lisa

[13:37] {lisa_jay} You need to hang some lights on it.

[13:37] {dptl} they all green

[13:38] {lisa_jay} Nice...a reflection of your trading account.

[13:38] {dptl} well......not really lol

[13:44] {ese} not I...down -.18 on full lot

[13:48] {Larisa1} HIG faster selling off 16.50 support, not sure if good for a bounce in this market

[13:49] {Threei}  hard to tell here

[13:56] {dino} fxi stopped

[14:01] {Threei}  one of those days when you wonder why you bothered to wake up

[14:02] {Onix} so true

[14:03] {Geo} .

[14:07] {Geo} -1X here lisa

[14:07] {Geo} dont know if its the market or the eggnog

06[14:07] * Geo doesnt think its him

[14:14] {Threei}  GEOY

[14:14] {Threei}  S&P RAISES RATING TO B

[14:15] {dino} agree 3i

[14:18] {Threei}  HIG's back to 16

[14:18] {Threei}  bounce candidate if market bounces

[14:18] {dino} ok, s&p, ndx, dji all have broken last weeks closing lows (monday)

[14:21] {dino} ouch axys

[14:25] {dptl} so .10 long hig?

[14:26] {Threei}  no

[14:26] {Threei}  it's not a play on its own merit

[14:26] {dptl} i see

[14:26] {Threei}  if market reverses, get HIG

[14:27] {Threei}  whereever it is at the moment

[14:27] {lisa_jay} market selling off but Hig holding 16

[14:27] {Threei}  good

[14:28] {Threei}  makes it better bouncer if market reverses

[14:39] {Threei}  just nothing happens today

[14:39] {Threei}  Santa is drunk somewhere on Nort Pole

[14:39] {Threei}  HIG lost support

[14:39] {Threei}  DRYS won't uptick

[14:39] {dptl} can't understand that hig.........stopped

[14:41] {lisa_jay} Vad, i took .05 on HIG, it went as high as .15...then stopped out .98

[14:41] {Threei}  you had almost 1:2 then

[14:41] {Threei}  why not scalp or partial?

[14:42] {lisa_jay} Yup...did not take it.  I seem to have a problem with greed, looking for .20 on trade.

[14:42] {Threei}  on a day when nothing moves at all?

[14:43] {lisa_jay} Where would you recommmend partialling out.  Thanks.

[14:43] {Threei}  too general

[14:43] {Threei}  every market is different

[14:43] {Threei}  nothing goes much today, why stick aroundf too long

[14:44] {lisa_jay} In a choppy market, and catching bounces, partialling out at 1:1 (or slightly less)?

[14:44] {Threei}  pretty much, until market shows more follow through

[14:45] {Threei}  slightly more than an hour left, and volume is half of Friday's

[14:46] {Threei}  there are just no players to make this market readable

[14:46] {Larisa1} market just waiting untill all traders lose hope and interest. Stay alert :)

[14:47] {Threei}  I need scotch tape to keep eyelids open then

[14:48] {Larisa1} Geo can pinch you from time to time

[14:48] {Threei}  I am not taking any pinching from males

[14:48] {lisa_jay} I am not pinching...but my kids say i have a voice like a whip.

[14:48] {Larisa1} lol

[14:49] {Threei}  as long as we have text only room... fine with me :)

[14:49] {lisa_jay} Hig really wants to go...Market do your thing.

06[14:51] * Geo text only pinches vad

[14:52] {Threei}  see that 2x4 spinning above my head geo?

[14:53] {Geo} larisa made me do it

[14:53] {Threei}  that's my natural defences agains male advances

[14:54] {Threei} Long Setup:  DRYS  .50 break if stays above .40

[14:54] {magoo} in DRYS

[14:55] {Threei}  come on, last hour rally

[14:58] {lisa_jay} in .51

[14:59] {Threei}  jeez

[14:59] {Threei}  if this one is stopped, I give up

[14:59] {Larisa1} we did not even consider any shorts today because of traditional Santa rally expectations ?

[14:59] {Threei}  ok, I give up

[15:00] {Threei}  irreparable day

[15:01] {Threei}  I am not comfortable shorting boring low volume market

[15:01] {wishbone} why is low volume bad vad?

[15:01] {Threei}  rallies appear out of nowhere in such environemnt, and their speed and strength can be devastating

[15:01] {Larisa1} can explode any time

[15:01] {wishbone} ok ty

[15:02] {Threei}  none came today

[15:03] {Geo} stopped

[15:03] {wishbone} ist have day seemed like typical bear action: quick to fall, slow to climb

06[15:03] * Geo taking jug of eggnog and going home

[15:03] {dino} good idea

[15:13] {Threei}  even jumper FMCN stalled

[15:15] {Threei}  that was rude DRYS

[15:17] {Onix} absolutely!

[15:22] {peterg} ok boring low volume mket good mornng all, i mean afternoon

[15:22] {Threei}  EPIX

[15:22] {Threei}  ANNOUNCES FDA APPROVAL OF VASOVIST (GADOFOSVESET TRISODIUM)

[15:22] {Threei}  - Approved for marketing its novel blood pool magnetic resonance angiography (MRA) agent, Vasovist (gadofosveset trisodium), to evaluate aortoiliac occlusive disease (AIOD) in adults with known or suspected peripheral vascular disease. AIOD occurs when iliac arteries become narrowed or blocked and may prevent the sufficient transport of oxygen and/or blood throughout the body.

[15:22] {Threei}  hi peter

[15:23] {peterg} Checking in from seven mile beach with a lousy connection, so instead of trading, I have to drink

[15:23] {Threei}  much better choice as far astoday is concerned

[15:23] {peterg} 85 degrees sunny soft waves laving the beach

[15:24] {dino} poor guy

[15:24] {Threei}  we hate you

[15:24] {wishbone} lol

[15:24] {Geo} life is tough

[15:24] {peterg} could be worse.

[15:24] {Larisa1} we love our snow.  it is very soft and wavy too.. right vad ?

[15:25] {peterg} Yah, minnesota is snow socked--just got out in time.

[15:25] {peterg} btw, what time is it EST?

[15:26] {Larisa1} 3:26

[15:26] {peterg} thank larisa

[15:26] {Larisa1} yw

[15:26] {wishbone} Larisa are u in victoria too?

[15:27] {Larisa1} no, I am in Mochigan

[15:27] {Larisa1} o=i

[15:27] {wishbone} ok

[15:28] {peterg} fellow Midwesterner

[15:29] {Larisa1} vad, can RIMM bounce with a market, was fighting all day

[15:30] {Larisa1} or we gave up ?

[15:33] {Threei}  doesn't look like it has fighting chance

[15:38] {Threei}  sudden jump in the market

[15:41] {Threei}  I guess i asked for a losing day for quite a while

[15:41] {lisa_jay} :-)

[15:41] {Threei}  should have gotten it finally sooner or later, lol

[15:41] {lisa_jay} Hope it is out of your system now.

[15:41] {Threei}  lol

[15:41] {Threei}  good one

06[15:41] * Geo slaps Threei around a bit with a large unjinxing roll of cash

06[15:42] * Threei humbly takes beating

[15:42] {lisa_jay} I should have waited for you to have a losing day before trading with size.

[15:42] {Geo} wo

[15:42] {Geo} dont know hot to respond

[15:42] {Geo} HOW

[15:43] {dino} 3:40 jump as usual 3i

[15:43] {Threei}  3 minutes too early today

[15:44] {Threei}  Larisa was right on RIMM

[15:44] {Threei}  this news put me ioff, don't know what to make off it:

[15:44] {Geo} she cant reply

[15:45] {Geo} she is busy counting money

[15:45] {Threei}  CERTICOM BOARD(CIC.CA) RECOMMENDS REJECTION OF 'SIGNIFICANTLY' UNDERVALUED HOSTILE BID FROM RIM

[15:45] {Threei}  - After a thorough review involving both the Special Committee of independent directors and its financial and legal advisors, the Board found the RIM bid to be significantly undervalued, opportunistic and not in the best interests of Certicom shareholders.

[15:45] {Threei}  - Among other things, the Board found that, at $1.50 per share, the RIM offer does not provide fair value for Certicom''s cash on hand and the significant potential tax assets that could be available to a taxable Canadian corporation - such as RIM. Further, RIM''s hostile bid undervalues both Certicom''s valuable and unique industry-leading data encryption technology and the recent progress the Company has made in implementing its strategic plan.

[15:45] {Threei}  and DRYS... you WERE rude to us today

[15:45] {Larisa1} RIMM under 41 was due for a bounce with any market strength. too bad market is too freaky today

[15:46] {peterg} what hapened RIMM? no laser connection rrrrrr

[15:46] {Geo} umm peterg

[15:46] {Geo} you on cayman

[15:46] {Larisa1} lol

[15:46] {peterg} yah

[15:46] {Geo} its kinda sad if youre worrying aboutlaser

[15:46] {Geo} lol

[15:47] {Threei}  went up almost a buck right after Larisa aksed about its bounce and I said don't thnk so, lol

[15:47] {peterg} ah!

[15:47] {Geo} enjoy for us peterg !!!!!!!!!!

[15:47] {peterg} with pleasure, but life is of course always life. blah balh

[15:47] {peterg} hlah blah

[15:48] {dino} hmmm, not sure what to make of that

[15:48] {peterg} me either

[15:48] {peterg} I'll spare you the dark analysis of the meaning of everything.

[15:48] {dino} ty

[15:49] {peterg} So, in paradise, son is having endless fights with girfriend via computer and mopng and sulking bigtime.

[15:49] {Geo} lol

[15:50] {Threei}  how old is he??

[15:50] {Geo} how 

[15:50] {Geo} lol

[15:50] {peterg} Am not allowed to knock him out; he would knock me out. 

[15:50] {peterg} 18 freakin years ld old

[15:50] {peterg} but 12 in heart

[15:50] {dino} ahhh, now i get it

[15:50] {peterg} good kid but geez

[15:50] {dino} teva smackdown

[15:51] {dino} explain about girl #3

[15:51] {peterg}  ah well enjoy! Ill see you tmorow! Good idea dino

[15:51] {Threei}  take care peter, enjoy

[15:51] {dino} he doesn't know her yet but she's out there and better than 1 &2

[15:51] {Threei}  I am afraid to ask about #4

[15:51] {dptl} have a good evening all

[15:51] {peterg} tks ill check back. right one dino

[15:51] {Threei}  take care dp

[15:52] {Threei}  argh DRYS

[15:53] {magoo} I HATE DREYS

[15:54] {Threei}  FDA ISSUES WARNING ABOUT 25 WEIGHT LOSS PRODUCTS CONTAINING UNDECLARED ACTIVE PHARMACEUTICALS

[15:55] {Threei}  serious move on that FDA approval, EPIX

[15:56] {wishbone} ty vad and all.

[15:56] {wishbone} have a good nite

[15:56] {Threei}  take care wish

[15:57] {Larisa1} 3 min to go positive :)

[15:57] {Threei}  lol

[15:58] {Geo} got bumped

[15:58] {lisa_jay} Did you take the Rimm trade Larisa?

[15:58] {Larisa1} I am not trading until jan 1th. Just watching for now

[15:59] {gen} bye everyone

[15:59] {Threei}  have a good evening all, see you tomorrow

[16:00] {lisa_jay} Thanks Vad.  Bye everyone.

[16:00] {Larisa1} bye

[16:00] {Geo} bye all

[16:01] {dino} think, think, think

[16:01] {dino} patience, last two months markups, 3 days each huge moves, do they happen again

Dec 19 2008

Please review the content for the Bahamas Conference in April, 2009. You will find a lot of interesting topics, including five seminars by me. Please fill out the Survey to help finalize the planning.

Quadriple witching day so we decided to stay very picky. It paid off well - 5 calls, 5 winners. That's all she wrote,  great relaxing weekend's ahead.

Session Time: Fri Dec 19 00:00:00 2008

[08:11] {Threei} PRESIDENT BUSH TO MAKE STATEMENT REGARDING AUTO MAKERS AT 9:00AM EST
[08:11] {Threei} {GM F}
[08:15] {Threei} -Note that ABC news analysts Thursday evening speculating that U.S. lawmakers have been working long hours and want to wrap this up and go home for the holiday Friday.{GM F}
[08:34] {Threei} ANNUAL S&P INDEX REBALANCING WILL OCCURING AFTER THE CLOSE OF TRADING ON FRIDAY, DEC 19
[08:34] {Threei} **S&P500 top ten share buys by total $: JPM WFC MER GE ABT ADP T GS XTO PRE
[08:34] {Threei} **S&P500 top ten share sales by total $: XOM MSFT PM COP CVX KFT INTC CSCO MS MRK
[08:34] {Threei} **S&P400 top ten share buys by total $: ORLY ROST JBHT PPDI URBN SAI PCLN ESS PWR VRTX
[08:34] {Threei} **S&P400 top ten share sales by total $: PETM LAMR KBR ADS JLL CDNS NCR DST DWA STLD
[08:34] {Threei} **S&P600 top ten share buys by total $: SF SBNY KDN GFF CCC MSCC LKQX LXP GHL EXR
[08:34] {Threei} **S&P600 top ten share sales by total $: CKH WTNY GDI SPF CY PSSI PRGS BRC IPCC WW
[08:34] {Threei} EXPECTED NASDAQ 100 INDEX CHANGES UPON REBALANCE AFTER THE CLOSE OF TRADING ON FRIDAY DEC 19
[08:34] {Threei} **expected Nasdaq 100 Index changes.
[08:34] {Threei} - Adding: ADP FSLR ILMN JBHT LIFE MXIM ORLY PPDI ROST WCRX URBN
[08:34] {Threei} - Deleting: AMLN CDNS DISCA LAMR LEAP LVLT PETM SIRI SNDK VMED WFMI
[08:46] {Threei} GM
[08:46] {Threei} TO GET $13.4B IN LOANS FROM TARP FUNDS
[08:47] {lisa_jay} Good Morning.
[08:47] {Threei} morning lisa
[08:47] {lisa_jay} We are expecting a foot of snow here in the afternoon.
[08:47] {Threei} yikes
[08:48] {lisa_jay} All schools closed.
[08:49] {magoo} morning
[08:49] {lisa_jay} Hi Magoo
[08:49] {Threei} magoo :)
[08:49] {Threei} GM, CHRYSLER TO GET $13.4B IN SHORT TERM LOANS FROM TARP FUNDS
[08:49] {Threei} - Firms will need to comply with limits on executive payment and elmination of corporate jets
[08:49] {Threei} - Second $4B tranche to be made available in Feb from second half of TARP
[08:50] {Threei} again with those jets
[08:50] {Threei} how stupid is that
[08:50] {Onix} Good morning pilgrims
[08:50] {Threei} yeah, jets is the problem
[08:50] {Threei} onix :)
[08:50] {lisa_jay} Hi Onix
[08:50] {Threei} - Government to have the power to block any transactions made by the companies over $100M
[08:51] {Threei} - Government to have the power to block any transactions made by the companies over $100M
[08:51] {Threei} - Manufactoreres need to be in compliance with MPG legislation
[08:51] {Threei} - Senior government debt to be senior to all other debts outstanding
[08:52] {Threei} - Can not issue dividends while debts are still owed to US gov
[08:53] {magoo} RIMM hit 41.50 afterhours last nite
[08:54] {Threei} - automakers must reduce debt by 2/3 in equity swap
[08:54] {Threei} - Terms are subject to negotiation
[08:54] {magoo} its active this a.m
[08:54] {Threei} did AIG et all got 1% of all these terms?
[08:56] {magoo} bush on tv at 9 a.m vad
[08:56] {magoo} u watching F GM?
[08:56] {Threei} 08:11] {Threei} PRESIDENT BUSH TO MAKE STATEMENT REGARDING AUTO MAKERS AT 9:00AM EST
[08:56] {Threei} yeah
[08:56] {Threei} but I don't expect them to fare well with all this
[08:57] {Threei} this is not a solution, this is just what was expected: kicking the can down the road
[08:57] {Threei} keeping them afloat until Obama takes over
[08:57] {Onix} true
[08:58] {Threei} why not adress the problem at the root
[08:58] {Threei} people are not buying cars, with credit troubles etc
[08:59] {Threei} so why not apply all these funds exactly there,
[08:59] {Threei} giving govt subsidy or call it whatever you want, to any buyer for the next X months
[09:00] {Threei} cars will start moving, buyers will save, indusstry gets out of gridlock
[09:00] {Threei} even if temporary, wouldn't it be better band-aid at this point than what they suggest?
[09:01] {Threei} they want stimulate spending, don't they
[09:01] {Larisa1} morning all :) so much snow, and can not blame Al Gore, it is like this every winter :)
[09:01] {Threei} morning Larisa
[09:01] {Onix} unbelievable that clever people can act so stupid
[09:01] {Threei} come on, go ahead and blame him anyway
[09:01] {Larisa1} ok :)
[09:01] {Onix} hi larisa
[09:02] {Larisa1} threei, onix :)
[09:02] {Threei} not even speaking of social aspect
[09:02] {Threei} for once, help out the ordinary taxpayer
[09:02] {Larisa1} what the futures were at their low did they even react ?
[09:02] {Raven} Snowy, sleety (?) morning all :)
[09:02] {Threei} Raven :)
[09:03] {Larisa1} morning raven :)
[09:03] {Threei} they did a little larisa
[09:03] {Threei} not huge
[09:03] {Larisa1} k
[09:03] {Threei} and for Pete sake, stop with idiotic "corporate jets"
[09:03] {Onix} hi raven
[09:03] {Threei} do they really expect CEO of GM fly commerical from meeting to meeting?
[09:04] {Larisa1} and use public bathroom :)
[09:04] {Threei} that I don't care about ::)
[09:04] {Raven} those dipshits ought to have teleconference meetings
[09:06] {Raven} empty suits flying around in private jets to shake each other's hands in the height of stupidity
[09:06] {dawg} gm all
[09:06] {Threei} dawg :)
[09:06] {lisa_jay} Hi Dawg.
[09:06] {KSystems} good morning!!
[09:06] {KSystems} Expiration day today?
[09:06] {Threei} ks :)
[09:06] {lisa_jay} Hello KS.
[09:07] {dawg} hello Lisa
[09:07] {KSystems} hey lisa
[09:07] {Threei} quadriple witching KS
[09:07] {Larisa1} dawg, lisa, KS :)
[09:07] {KSystems} larisa :)
[09:07] {dawg} gm Larisa1
[09:07] {lisa_jay} Hi there Larisa.
06[09:08] * Threei slaps laserdave1 around a bit with a large cap of purified caffeine
[09:09] {Geo} gm all
[09:09] {Threei} Geo :)
[09:09] {lisa_jay} Hi Geo.
06[09:09] * magoo slaps laserdave1 around a bit with a large B 12 injection along with iron supplement
[09:09] {Threei} mags, ever since you loaded that brilliant csript by KS your creativity is spilling over the rim
[09:10] {magoo} u like that one eh?
[09:10] {Threei} love'em all
[09:10] {laserdave1} laserdave1 slaps magoo around a bit with a level II window
[09:11] {Threei} see how pathetic dave's one looks when he has no script?
[09:11] {cosmo} geez ... forgot the B-12 ...again
[09:11] {Threei} lol cosmo
[09:11] {cosmo} :)
[09:11] {cosmo} sigh....its all algore's fault...lars knows
[09:12] {Larisa1} lol
[09:12] {Threei} it is
[09:12] {lisa_jay} ORCL
[09:12] {cosmo} :)
[09:13] {Threei} I put him right there next to Alan Greenspan in terms of being to blamed for everything
[09:13] {cosmo} hmmm
[09:14] {dino} gm all
[09:14] {Larisa1} Alan said it all will get better in 6 months
[09:14] {Larisa1} gm dino
[09:14] {Threei} dino :)
[09:14] {lisa_jay} hi Dino
[09:14] {cosmo} better ... but for who?
[09:14] {Threei} yeah
[09:14] {Larisa1} for people still alive :)
[09:15] {Threei} reminds me old soviet joke
[09:15] {Threei} Communist Party leader from the tribune:
[09:15] {Threei} Next year our life is going to be much better!
[09:15] {Threei} weak voice from the audience:
[09:15] {Threei} What about ours?
[09:16] {Onix} morning dino
[09:16] {Larisa1} pessimist
[09:16] {dptl} good morning all
[09:16] {Threei} dp :)
[09:16] {Threei} please read the first post at the following link for more informal details on Bahamas conference
[09:16] {Threei} http://caracommunity.com/content/caras-commentary-community-chat-fri-dec-19-2008
[09:16] {Onix} hi dp
[09:17] {_elepet} p
[09:17] {dptl} :)
[09:17] {Threei} elepet :)
[09:17] {dino} i don't get how they changed the rules again....govt debt senior tyo all others, they just screwed all the bond holders that have been there for years
[09:17] {dino} these bond holders would have owned the assets, now what do they owen?
[09:17] {dino} own
[09:17] {dino} artc
[09:17] {Threei} they are rulemakers... who is to tell them what rules should or should not be...
[09:18] {dino} it is b.s.
[09:18] {cosmo} the deciders?
[09:18] {dino} i loan you money, take 1st mortgage and then govt comes in later and pushes me down the line
[09:18] {Threei} but dino... they did set a condition to do away with corporate jets
[09:18] {dino} yeah, big whoop
[09:19] {Threei} {--- sarcastoc and jaundiced
[09:19] {KSystems} jeez, cant you install an auto-kick for everyone mentioning "corporate jet" once again
[09:19] {dino} i know
[09:19] {cosmo} hybrid jets might work.....
[09:19] {Threei} but KS... that would be me who will get kicked
[09:19] {dino} i just am upset w/rule changes in the middle of game, 1st no shorts, now this
[09:19] {Threei} bu dino... did you guys not vote for the change
[09:20] {cosmo} its a tradition, 3i
[09:20] {dino} i voted mccain
06[09:20] * Threei 's sarcasm and jaundicity increases by day as he moves closer to senility
[09:21] {cosmo} ron paul here
[09:21] {dino} the socialism of america
[09:21] {Threei} why oh why am I not 80
[09:21] {Threei} I really don't want to see what's at the end of this road
[09:22] {Threei} GM got unduly happy
[09:22] {Threei} whatever... dino, come to Bahamas and we will have nice juicy drink with no drop of juice in it
[09:23] {dino} hopefully
[09:23] {Threei} filled the survey for now?
06[09:24] * Threei slaps magoo around a bit with a large survey for Bahamas conference
[09:25] {dino} i will tonight 3i
[09:25] {Threei} cool
[09:26] {Threei} ok guys
[09:26] {Threei} quardiple witching
[09:27] {Threei} let's keep it to half lot for now until we see what transpires,
[09:27] {Threei} let's skip first 5-10 minutes,
[09:27] {Threei} let's be picky and relaxed,
[09:27] {Threei} and let's blame Greenspan and Gore for any stop we may have today.
[09:28] {ese} morning
06[09:28] * Threei slaps laserdave1 around a bit with a large reminder that people are trying to dcc him
[09:29] {Threei} ese :)
[09:29] {lisa_jay} orcl up 5%
[09:29] {Threei} F
[09:29] {Threei} NOT SEEKING SHORT-TERM GOVT LOANS, WELCOMES FINANCIAL SUPPORT FOR GM AND CHRYSLER, SAYS STILL SEEKING $9B CREDIT LINE
[09:29] {Threei} F may be better player than GM actually
[09:30] {dino} stronger
[09:30] {Threei} yup
[09:30] {Threei} 3.26 if holding above 3.15?
[09:31] {peterg} Morning!
[09:31] {Threei} peter :)
[09:31] {Threei} oil 35?
[09:31] {Threei} sheesh
[09:31] {Onix} hi peter
[09:31] {Threei} opullback entry looks better for F
[09:32] {peterg} Big O
[09:32] {Threei} TREASURY SEC PAULSON: LOANS FOR THE AUTOMAKERS WILL PREVENT SIGNIFICANT DISRUPTIONS TO THE US ECONOMY: SECOND HALF OF $350BN IN TARP FUNDS WILL BE NEEDED TO SUPPORT OVERALL MARKET OPERATIONS
[09:32] {Threei} - Automakers will need to make significant restructuring actions to provide for long term viability
[09:32] {Threei} - Auto bailout plan will put companies on a path to independent viability
[09:32] {Threei} - Loan will prevent the possibility of sever economic disruptions
[09:32] {Threei} - Will meet with Congress to dicuss 2nd half of TARP release in near future{GM F}
[09:32] {ese} long VMED .77
[09:32] {ese} sorry that .76
[09:34] {Threei} Long Setup: F 3.13 if stays above 3.05
[09:35] {cosmo} i never thot i'd buy another "F" again...
[09:37] {Threei} doesn't look like you will
[09:37] {cosmo} ...maybe next year...
[09:38] {Geo} drys blood
[09:39] {Threei} bounce candidate soon
[09:40] {Larisa1} HIG selloff but no vol so far
[09:40] {lisa_jay} PAY
[09:41] {dino} -7 baltic index fwiw
[09:42] {Threei} Long Setup: HIG .80 break half lot
[09:42] {Threei} stop under .70
[09:44] {lisa_jay} In Hig at .81
[09:44] {lisa_jay} Target vad?
[09:45] {Threei} over .90
[09:45] {Threei} hard to tell scalp or half
[09:46] {Threei} there you go
[09:47] {Threei} solidly over 1:1, your decision
[09:47] {lisa_jay} Sold at .98 17c thanks Vad.
[09:47] {Threei} welcome
[09:47] {Geo} out at 1:2
[09:47] {Threei} who held, get out here
[09:47] {magoo} WOW HIG vad nice
[09:47] {Geo} ty
[09:47] {lisa_jay} S*** should have partialed
[09:47] {lisa_jay} Oh boy
[09:47] {Threei} lol
[09:47] {Geo} you gotta be greedy lisa :)
[09:48] {Threei} scalper's regret central
[09:48] {lisa_jay} Hope you all are holding....will be very happy for you.
[09:48] {Threei} credits to larisa for bringing it to attention btw
[09:48] {Geo} i should have the 1/4
[09:48] {lisa_jay} Thanks Larisa.
[09:48] {KSystems} 1/2 our .92, 1/4 out .04
[09:48] {Threei} can I go home?
[09:49] {Larisa1} no, we will bring stocks to your attention and you call it for us :)
[09:49] {KSystems} rest out .28
06[09:49] * Geo slaps Threei around a bit with a large get back to work banner
[09:49] {Threei} you realize that you base it on assumption I can read?
[09:49] {lisa_jay} I should go home...sigh. I am home though.
[09:50] {Geo} man hig
[09:50] {Geo} snifffff
[09:50] {Threei} what's with GERN
[09:51] {Threei} thing is crawling toward 5 wich is major breakout
[09:52] {dino} mwiv sm l .10
[09:52] {Threei} WHITE HOUSE: REITERATES THAT AUTOMAKERS ARE CURRENTLY NOT VIABLE ENTITIES
[09:53] {Threei} {automakers} you... you... sniff... YOU are not viable!
[09:58] {dino} then i guess dinner and drinks are out
[09:59] {cosmo} unless you fly first class...
[09:59] {dino} ahhh
[10:00] {lisa_jay} FMCN strong
[10:00] {Threei} Long Setup: DRYS .50 break if stays above .30
[10:01] {Threei} NASDAQ new high would be very helpful
[10:02] {magoo} in drys
[10:02] {dino} crdn sm l .67 stop .43
[10:02] {Threei} spiky time NQ
[10:02] {Threei} jump over that 1230 in one swoop
[10:02] {Threei} and make us heppy
[10:03] {Threei} hippy?
[10:03] {dino} happy
[10:03] {Threei} hoppy
[10:03] {Threei} oh... dino's right
[10:03] {KSystems} häppy?
[10:03] {Threei} lol
[10:03] {Geo} heppy = hep and happy
[10:03] {Threei} hp and happy
[10:03] {Threei} hip
[10:04] {Threei} NQ spiked to 1229.5
[10:04] {Threei} retreated a bit but should break now
[10:05] {Threei} let's trail DRYS to under .40 when it breaks .60
[10:05] {Threei} there
[10:06] {magoo} u got half or full
[10:06] {Threei} NQ retreat, DRYS holding
[10:06] {Threei} 1:1 almost
[10:06] {Threei} full, but mostly because I forgot to halve it
[10:07] {Threei} half out .67
[10:08] {lisa_jay} Hlaf out .69
06[10:08] * Geo slaps Threei around a bit with a large extra keyboard
[10:08] {dino} crdn stopped -.24
06[10:08] * Geo is in slap happy friday
[10:08] {lisa_jay} Next lot Vad, where to sell? Thanks.
[10:08] {Threei} good boy DRYssy
[10:09] {Threei} whereever lisa... honestly :)
[10:09] {Threei} no way to tell
[10:09] {Geo} previous res mabe a good place to peel some out
[10:09] {Larisa1} 11.80 was high on previous spike
[10:09] {cosmo} .59
[10:09] {Threei} I am out
[10:09] {Larisa1} right Geo :)
[10:09] {Threei} .79
[10:09] {Geo} also close to prev low
[10:10] {Geo} out
[10:10] {Geo} was trailing close
[10:10] {Threei} I address all Russian-speaking in the room... am I delusional or DRYS name really reminds of diahhrea?
[10:10] {magoo} out
[10:10] {Geo} thanks for a good friday lord vader
[10:10] {Threei} welcome Geo
[10:11] {lisa_jay} Out all .78
[10:11] {Geo} scanners crazy today
[10:11] {lisa_jay} Thanks Vad.
[10:11] {Threei} lisa :)
[10:11] {Geo} hmmm rinse on trail
[10:11] {Threei} here comes NQ break
[10:11] {Geo} prev res tagged
[10:12] {Threei} russian-speaking don't even want to talk to me... all three of them
[10:13] {cosmo} 3i.... its dislexia i think
[10:13] {Geo} we have 3?????
[10:13] {Threei} which puts them right there with all others including swuahili-speaking
[10:13] {Geo} whose the 3rd?
[10:13] {dino} sm l avav .51
[10:13] {Geo} magoo?
[10:14] {Threei} I am a guardian of privacy geo... won't tell you until he admits it himself
[10:15] {cosmo} DRYS .59 stop for investors...
[10:15] {Geo} heheh new category
[10:15] {cosmo} its relative
[10:15] {Geo} bull market starting?
06[10:15] * Geo likes to invest in lead and gunmetal
[10:16] {Threei} actually, it's bear that makes a lot of new investors...
[10:16] {Threei} by the principle: investment is a day trade gone baad
[10:16] {Geo} heheh
[10:16] {dino} snow starting, getting 12"+
[10:16] {Threei} oh boy
[10:17] {patience} patience stunned into silence with the thought of that much snow
[10:17] {lisa_jay} We are waiting Dino....kids are on the look out.
[10:17] {cosmo} must be fun
[10:18] {dino} kids home here too
[10:19] {dino} magoo, slap me, twice i've entered buys w/ wrong symbol loaded
[10:20] {magoo} nice call on naz vad
06[10:21] * magoo slaps dino around a bit with a large new pair of reading glasses
[10:21] {lisa_jay} Cosmo, you still holding Drys?
[10:21] {_elepet} still in drys from .54
[10:21] {cosmo} .89 for investors...
[10:22] {cosmo} :)
[10:22] {magoo} inWestors he he
[10:22] {lisa_jay} Greed is good Lisa....Greed is good Lisa....Greed is good Lisa.
[10:22] {dino} indeed
[10:23] {Geo} greed drives human civilization
[10:23] {cosmo} its all those stimulants i say
[10:24] {magoo} vad, couldnt conference be in alaska in feb?
[10:24] {dino} then say it
[10:24] {magoo} prob with bahamas is dino not gonna look to good on beach if u know what i saying {or vad for that matter}
06[10:25] * Geo mulls over that piece of overshare
[10:26] {Threei} but magoo... I am going to be in suit and tie
[10:26] {lisa_jay} lol
[10:27] {cosmo} i'll never wear a tie again
[10:27] {magoo} on the beach??
[10:28] {Threei} yes
[10:28] {cosmo} maybe a wet suit
[10:28] {Threei} I have to maintain that distinguished guru look
[10:28] {Geo} the tie is agood napkin
[10:28] {Threei} if I told you a story behind that photo on a homepage you'd die laughing
[10:29] {Threei} something seems to be brewing on GERN
[10:30] {dino} coffee brewing here
[10:30] {magoo} need cup-o-joe
[10:30] {lisa_jay} the coffee maker fixed Dino?
[10:30] {KSystems} thats a wonderful idea dino
[10:30] {magoo} exploded this morn on magoo
[10:30] {KSystems} lets just not forget enough milk
[10:30] {Threei} yuck
[10:30] {dino} old one in use
[10:31] {dino} magoo messed it up this morning
[10:31] {Threei} milk in coffee... ultimate definition of perversion
[10:31] {dino} wants landlord to buy a new one, i'm going over lease
[10:31] {magoo} cheap bastard
[10:31] {magoo} i drank all his beer last nite tho
[10:32] {Threei} GERN is a tough stock to call
[10:32] {Threei} if you don't mind stop under .60, .75 brwak maybe worth it
[10:33] {Threei} requires patience
[10:33] {Threei} shakeout central
[10:33] {lisa_jay} lot size vad?
[10:33] {magoo} blizzard here
[10:33] {Threei} let's put this stock in "highly discretionary" category
[10:34] {Threei} as one of our original members chuck used to call it, serial disappointer
[10:34] {lisa_jay} ok, thanks.
[10:34] {Threei} seems to be under accumulation, nice volume too
[10:35] {Threei} but this kind of accumulation may reslove in a very different timeframe than what we use
[10:35] {magoo} focus elsewhere boss paaaalease
[10:35] {magoo} u obsess all day on a dimer
[10:36] {magoo} give me a read on something lil quicker like POT
[10:36] {Geo} really thin
[10:36] {magoo} thank u geo...ive been working out
[10:36] {Geo} lol
[10:37] {magoo} for the girls here
[10:37] {magoo} patience, lisa & larisa
[10:37] {lisa_jay} It shows.
[10:37] {patience} looking forward to seeing the results magoo
[10:37] {cosmo} pot?
[10:37] {magoo} calm down cos
[10:38] {cosmo} yes...its good for that
[10:38] {cosmo} i supose
[10:39] {Threei} talk about junk food:
[10:39] {Threei} 10:36am [EAT] Moodys lowers senior unsecured rating to junk
[10:40] {Threei} 10:39:36 ADMIN7 --} (All): Stale INET quotes caused by data provider - we're on them to fix it. For now, make sure autocorrect is enabled, with 0 on all settings on right - Level II tab.
[10:40] {magoo} vad, do i gotta do that auto correct setting? clueless here in laser
[10:40] {Threei} right click level 2
[10:40] {Threei} Level II tab
[10:40] {magoo} ok
[10:41] {peterg} trading seettings
[10:41] {Threei} make sure boxes for autocorrect are checked
[10:41] {Threei} put zeros in boxes to the right on them
[10:41] {magoo} all checked or just top 2?
[10:41] {Threei} top two
[10:42] {magoo} ok ty
[10:42] {dino} magoo, what do you think, +300 dji?
[10:42] {magoo} 500 really
[10:42] {peterg} have level two trading setting up; where autocorrect?
[10:43] {peterg} settings
[10:43] {dino} +500 and i buy you lunch monday
[10:43] {magoo} [10:40] {Threei} Level II tab
[10:43] {Threei} lower section peter
[10:43] {magoo} then bottom
[10:44] {magoo} u giot it peterg?
[10:44] {lisa_jay} nq testing highs
[10:45] {peterg} not sure; what is lower section of what?
[10:45] {magoo} wow, worse than magoo vads...refreshing lol
[10:45] {Threei} trading settings, level ii tab
[10:46] {Threei} there is a section titled autocorrection
[10:46] {peterg} ok
[10:46] {peterg} ok got it thanks
[10:47] {peterg} check with 0; 0.5
06[10:47] * magoo slaps peterg around a bit with a large brand spankin new laser manuel guarenteed to never been opened by original owner magoo
[10:47] {peterg} checked enabled with a zero and a zero point five
[10:47] {peterg} that fedels feels good
[10:48] {peterg} why is laser manual written in aramaic?
[10:48] {Threei} change second to zero as well
[10:48] {magoo} OH OH VVAD
[10:49] {magoo} VAD
[10:49] {magoo} i forgot to save settings...can u help me AGAIN
[10:49] {Threei} what?
[10:50] {Geo} sheesh
[10:50] {Geo} rimm paid nicely in meanwhile
[10:51] {dino} avav stopped flat, lousy entry
[10:54] {dino} sm l uso .25
[10:54] {laserdave1} LASER TRADERS
[10:55] {magoo} OY
[10:55] {laserdave1} if anyone has issue of stuck quotes
[10:55] {laserdave1} please dcc me
[10:55] {laserdave1} and i will send you an email on how to fix this
[10:55] {laserdave1} My level II is perfect now
[10:55] {Threei} why don't you just post here
[10:55] {laserdave1} its a screenshot
[10:55] {Threei} ah
[10:56] {magoo} shit my AAPL quotes are stuk dave
[10:56] {Threei} then post text here and make a ,lot of hand gestures to explain the rest
[10:56] {laserdave1} there are quite a few little settings to copy
[10:56] {laserdave1} but takes 2 secs if u have visual
[10:56] {Threei} send me please
[10:56] {laserdave1} ok email coming magoo
[10:56] {laserdave1} and to you Vad
[10:56] {Threei} just so I have it to send if you are slacking
[10:57] {laserdave1} me slack
[10:57] {laserdave1} is the market open now?
[10:57] {Threei} we know
06[10:57] * peterg slaps magoo around a bit with a large large but not unattractive diorama of early Neanderthal crouched by cave with pet Mastodon and fire keeping hyenas at bay
[10:57] {magoo} i guarentee its gonna take me more than 2 seconds SIGH lol
[10:57] {peterg} sorry if bad timing
[10:58] {Threei} wow peter
[10:58] {Threei} where did you get that picture of mine?
[10:58] {peterg} didn't need the double large
[10:58] {peterg} Came in through the bathroom window
[10:58] {peterg} Joe Cocker song
[10:59] {lisa_jay} .
[10:59] {Threei} I knew that neanderthal with long-focus Canon lens from the neighbour tribe was paparazzi
[10:59] {peterg} lol
[10:59] {Threei} should have eaten her
[11:00] {peterg} ok, off for hr
[11:01] {Threei} GM Ceo on TV in a min
[11:02] {magoo} HEY DAVE...it worked THANX
[11:04] {laserdave1} nprobs
[11:04] {magoo} coulda used u yesterday SLACKEr
[11:04] {magoo} HE HE just kidding
06[11:08] * magoo slaps laserdave1 around a bit with a large newly patented electrical shock alarm clock
[11:09] {laserdave1} i just got the new fix from them
06[11:09] * Chaeron slaps laserdave1 around a bit with a large trout
[11:09] {Chaeron} send me too slacker
[11:10] {Chaeron} good morning all
06[11:10] * peterg slaps magoo around a bit with a large preposterous, but not too vulgar representation of Elvis in his white leathers crooning in Las Vegas
[11:11] {magoo} OY
[11:11] {Threei} chaeron :)
[11:11] {peterg} thought you'd appreciate
[11:13] {Larisa1} morning Chaeron :) you better come help to clean my driveway or I am sending 10+ to California! :)
[11:14] {magoo} where u located Larisa?
[11:14] {Larisa1} not telling you
[11:14] {magoo} lol
[11:14] {Larisa1} you scare me magoo
06[11:15] * Chaeron coming up with a flame-throwing tank
[11:15] {Larisa1} :)
[11:15] {Chaeron} Larisa is smart cookie
[11:15] {Threei} no wonder larisa.... magoo scares himself, to the point of soiling himself when faces mirror
[11:15] {Geo} too much detail vad
[11:17] {Threei} just couldn't help but chuckle when remembered a joke about a special forces guy's explanation why he missed an assignment
[11:18] {Threei} put all the ammunition all over himself, jungle face makeup etc, then accidentally looked in the mirrow before leaving home...
[11:21] {dptl} Dave dcc pls
[11:21] {dino} ok 3" of snow already and still snowing hard
[11:24] {magoo} vad u watcjhig DRYS?
[11:25] {magoo} boubncer
[11:25] {Threei} cabn't tell bouncer or breakdowner
[11:27] {dino} uso stopped -.28
[11:28] {dptl} Dave......dcc pls
06[11:29] * Threei slaps laserdave1 around a bit with a large attention-getter on behalf of dptl
[11:29] {dptl} lol.....ty
[11:33] {lisa_jay} q's moving
[11:34] {Threei} times must have changed greatly since my dating days
[11:34] {lisa_jay} ?
[11:34] {Threei} this line from e-mail I just got puts me at loss
[11:34] {Threei} With the ability to make out for days you'll be the best candidate for girls to spend night with
[11:35] {Threei} who wouyld want to make out for days???
[11:35] {lisa_jay} Sorry i asked ?
[11:35] {Larisa1} lol lisa
[11:36] {Larisa1} vad you do not have to read all junk e-mail you get. Just say NO :)
[11:37] {Threei} but... how do I know it's a junk unless I read it?
[11:37] {dino} ah, vad....don't know how to say this but they are mass emails sent to millions, not just you
[11:37] {Threei} noooooo
[11:37] {Geo} usuaually vd if the headline says
[11:38] {Geo} "liv &%%^$ girls"
[11:38] {Threei} you mean for spammers I am not special??
[11:38] {Geo} its spam
[11:38] {Threei} so it ain't so
[11:38] {Threei} say
[11:38] {dino} no, you are special, as you open them
[11:38] {Threei} my world is crashing
[11:38] {KSystems} LOL
[11:38] {Threei} lol
[11:39] {Threei} I am not listening to you all... next thing you try to tell me I don't get to obtain all those nice moneys from Nigeria
[11:39] {dino} getting rinsed all over, look uso, out at .98, goes .97 then .50
[11:40] {dino} same w/avav
[11:40] {dino} dino's getting mad (george on seinfeld)
[11:40] {Geo} uso gae a bap fill in morningeautifull g
[11:40] {KSystems} dino do you have fixed stops or are you setting them according to the chart?
[11:41] {Geo} lolol
[11:41] {Geo} USO gave a beautifull morning gap fill
[11:42] {dino} fixed
[11:42] {dino} tbsi gap fill
[11:43] {KSystems} i see..how much if I may ask?
[11:43] {KSystems} same for all lots?
[11:43] {dino} .28-.42 depending on stock personality and size
[11:43] {KSystems} k..thanks
[11:43] {dino} markets going for gap fill
[11:45] {Geo} dino pls help me out
[11:45] {Geo} what gap?
[11:45] {Geo} i am always confused about that
[11:46] {dino} ndx 1216 vs 1204, s&p886.9 vs 885
[11:46] {Geo} ok looking
[11:46] {dino} tbsi gap was 9
[11:47] {dino} drys is around 10.30
[11:47] {dino} and so on............................................
[11:47] {Geo} ok got it dino
[11:47] {Geo} thanks
[11:48] {lisa_jay} Dino how to look at gaps...yesterdays close or yesterdays high to todays open...or another way. Thanks.
[11:50] {dino} i look at close, but they don't always fill.
[11:50] {dino} just seem to be magnets during bigger moves
[11:50] {dino} ctrn fast fall
[11:54] {dino} watching afam, vz, hon, mcd
[11:54] {Threei} Short Setup: DRYS .19 half lot
[11:54] {Threei} if stays under .30
[11:57] {lisa_jay} Invalidated Vad?
[11:57] {Threei} yeah
[11:59] {Threei} GM
[11:59] {Threei} FITCH CUTS IDR TO C FROM CCC, NOTES THAT THE DOWNGRADE SIGNIFIES "IMMINENT DEFAULT"
[11:59] {dino} mwiv stop to .19 stuck
[11:59] {Threei} REP FRANK: PLANS TO INTRODUCE TARP LEGISLATION IN EARLY JANUARY, NOTES HE FAVORS THE WHITE HOUSE AUTO INDUSTRY LOAN DEALS
[11:59] {Threei} {GM F}
[12:02] {lisa_jay} Vad, DRYS is an inverse cup and handle?
[12:02] {Threei} yes
[12:03] {Threei} tough read though
[12:03] {Threei} jumps with no warning
[12:03] {lisa_jay} big red bar on nq helped it down
[12:04] {Threei} oh well
[12:08] {dino} mwiv stopped +.19 ave, whoo hoo
[12:09] {ese} outta here everyone....2 shows to do tady and then.............FREE for Chrstmas holidays....see ya monday.
[12:10] {Larisa1} bye ese
[12:10] {dino} cya es
[12:10] {Threei} take care ese
[12:15] {dino} vz l .47
[12:20] {Threei} Long Setup: RIMM 41.10 half lot if stays above 41
[12:23] {Threei} half out .19
[12:23] {Threei} UAW IS REQUESTING THAT PRESIDENT-ELECT OBAMA PLEDGE TO REMOVE CERTAIN CONDITIONS FROM THE AUTO INDUSTRY BAILOUT PACKAGE
[12:23] {Threei} {GM F}
[12:24] {Threei} but of course
[12:24] {KSystems} probably most importantly the ban of corporate jets
[12:24] {Threei} lol
[12:24] {lisa_jay} Missed the trade.
[12:25] {KSystems} RIMM 1/2 out .22
[12:27] {dino} no, the union keeps their planes
[12:28] {KSystems} :-)
[12:28] {Threei} out .32
[12:28] {KSystems} RIMM 1/2 more out .34
[12:28] {KSystems} 1/4
[12:29] {Geo} very nice vad
[12:29] {Threei} :)
[12:29] {KSystems} beauty vad
[12:29] {KSystems} :-*
[12:29] {Geo} was late
[12:29] {Threei} careful ks
[12:29] {Threei} don't call me beauty
[12:29] {Geo} no its beauty, vad
[12:29] {KSystems} out rest .28
[12:30] {Threei} 3 for 3... being picky pays off
[12:31] {Threei} - UAW says it believes the Bush Administration added "unfair conditions" to the package singling out union labor.
[12:32] {Threei} late? it retreated under the trigger after tyriggering
[12:32] {Threei} stop drinking so early geo
[12:32] {Threei} no one but dptl is allowed to do that
[12:33] {Geo} ahh come on\
[12:33] {Geo} spiked eggnog
[12:33] {Threei} and only because being sober he can't tell Buy from Sell
[12:34] {dptl} lol
[12:36] {dino} stopped vz .62, +.15
[12:36] {dino} brb
[12:36] {Threei} heh
[12:37] {Threei} TV asks
[12:37] {Threei} ok, loan, fine, but who will be buying those cars?
[12:37] {Threei} again, back to my suggestion of subsidizing buyers instead of pouring money directly into manufacturing?
[12:38] {Threei} wow RIMM
[12:41] {lisa_jay} Vad, do you manually scan for stocks like rimm, or did it come from filter...thanks.
[12:41] {Threei} this particular one was just from looking at usual suspects
[12:42] {Threei} as NASDAQ started showing signs of bottoming out, looked at the stock that traditionally follows to see if here is a play in it
[12:43] {lisa_jay} Ok, thank you.
[12:44] {lisa_jay} Also, do you prefer longer bases vs. shorter ones as a potential for reversal to upside..or am i just seeing things.
[12:44] {Threei} too general question lisa... sorry, can't answer like this
[12:45] {dino} snowfall at 7" so far
[12:45] {Threei} jeez
[12:45] {lisa_jay} just started for us.
[12:45] {wishbone} what were the signs nasdaq bottoming out vad?
[12:45] {dino} 1561
[12:45] {dino} :)
[12:47] {Threei} it formed something like double bottom at the moment wish... and if you observed the trading, it was just more willing on the upside
[12:47] {Threei} easier upticks, quite stubborn on downticks
[12:47] {Threei} general feeling of upward as part of least resistance was there
[12:47] {dino} for an up day, some pretty big losers out there
[12:48] {dino} the averages just don't reflect accurately whats going on anymore, imo
[12:48] {wishbone} ty vad
[12:50] {dino} hon l .15
[12:50] {wishbone} dino 1561, was that support from yesterday on nasdaq?
[12:51] {lisa_jay} 50% retracement of gap fill.
[12:52] {wishbone} ty lisa
[12:52] {lisa_jay} just guessing Wishbone...not sure.
[12:53] {dino} no was todays low turn, just messing w/ya
[12:53] {lisa_jay} Aw Dino, you made me go do all that work for an answer.
[12:53] {dino} sorry
[12:53] {lisa_jay} :-)
[12:56] {Threei} with any market help RIMM looks to break 42
[12:58] {Threei} break it did eh
[12:58] {lisa_jay} did you take the rimm trade vad?
[12:59] {Threei} yeah
[12:59] {lisa_jay} nice
[12:59] {Threei} out a bit too soon thouigh
[12:59] {Threei} .17
[12:59] {Geo} vad is sneaky
[12:59] {Geo} he didnt make it an OFFICIAL call
[12:59] {Geo} as he is keeping score
[12:59] {Threei} nope
[12:59] {Threei} wasn't really something I'd want to call
[13:00] {Geo} exactly
[13:00] {Geo} no blinking green
[13:00] {Threei} beyond what I consider average risk tolerance
[13:00] {Geo} i took it ..... was sittin from 30s
[13:00] {lisa_jay} nice
[13:00] {Threei} RIMM is way more tame than it used to be
[13:01] {Threei} but still far from fully domestic animal
[13:01] {Geo} what i am realizing is i do better on my own if i reduce my lot size and have wider stops
[13:01] {magoo} laser DCC
06[13:01] * magoo slaps laserdave1 around a bit with a large DCC
[13:01] {Geo} but i take vads his way
[13:01] {Geo} yeah i have memories of whippy rimm
[13:01] {lisa_jay} how different is the size Geo?
[13:02] {Geo} this time 300 only
[13:02] {Geo} see the pullbacks?
[13:02] {Threei} I don't remember myself trading 1000 shares of RIMM before today
[13:02] {Geo} i would be stressed more than that
[13:02] {Threei} today did it twice though
[13:02] {Geo} heheh me to
[13:02] {Geo} feels less whippy
[13:03] {lisa_jay} For such scary stocks (ATR of $4+), your stops are so tiny Vad. Amazing.
[13:03] {Geo} he is a virtuoso
[13:03] {Geo} in entries
[13:03] {Threei} and sucks badly in exits?
[13:03] {lisa_jay} GS yesterday had .20 stop and i only got 5c slippage.
[13:03] {Geo} exits as bit early
06[13:03] * Geo ducks
[13:04] {lisa_jay} Rimm today had 10c slippage.
[13:04] {lisa_jay} sorry 10c stop.
[13:04] {Geo} what????
[13:04] {Geo} ok phew
[13:04] {Geo} i would have said trash your platform
[13:04] {Threei} well, usually RIMM would still require wider stop
[13:04] {Threei} that specific entry just was structured this way
[13:05] {Threei} there was very pronounced support at 41,
[13:05] {Threei} actual long trigger was .15
[13:05] {Threei} but with NASDAQ strengthening, I prefered .10 which was touched once before
[13:06] {Threei} considering that if NASDAQ moves, both will work, .10 and .15
[13:06] {Threei} and if NASDAQ fails, both will fail
[13:06] {Threei} so why not save ourselves 5 cents
[13:06] {Threei} so... a bit on aggressive side which allowed for such tight stop
[13:07] {lisa_jay} Ok, thanks.
[13:07] {Threei} and it took me 10 times as long to type it as it took to decide on that, lol
[13:07] {Geo} you need a mike vad
[13:07] {Threei} I have a mike
[13:07] {Geo} well elarn to understand your accent
[13:07] {lisa_jay} You GG lesson from last week in play here on Rimm, bounce off 42.
[13:08] {Threei} yup, worked too
[13:10] {Threei} battale with union on Canadian side now
[13:11] {Threei} CAW says it cannot give up any of labor costs
[13:11] {Threei} govt says, then big 3 pack and move south
[13:11] {Threei} sigh
[13:12] {Threei} all costs added, comes to $75/h
[13:12] {Threei} over $30 difference vs japanese carmakers
[13:12] {Threei} union says, nah, we are not the problem
[13:13] {Threei} what's with suicidal instincts...
[13:16] {Larisa1} Better to die standing, than to live on your knees
[13:16] {dino} better to rule in hell
[13:17] {dino} than serve in heaven
[13:17] {Threei} to polish it off:
[13:17] {Threei} better to be healthy and wealthy than sick and at war
[13:18] {Larisa1} but again, man who said it died in his 30s i think. was revolutioner
[13:24] {Threei} 42 break again long trigger RIMM
[13:24] {Threei} if holding 41.90
[13:26] {Threei} Toyota will report its first annual loss in 71 years
[13:28] {Geo} in rimm
[13:29] {Threei} on the way back?
[13:29] {Geo} nope on brea :(
[13:29] {Geo} k
[13:30] {Threei} 1:1
[13:30] {Threei} 1:2, out
[13:31] {jmb} Thanks
[13:31] {Threei} 4 for 4
[13:31] {Threei} jmb :)
[13:31] {dawg} out 1:2 thanks Vad
[13:31] {Threei} dawg :)
[13:31] {Geo} nice vad
[13:31] {Geo} ty
[13:31] {Threei} yw
[13:32] {dino} avav sm l .45 stop lod
[13:36] {Geo} anyone still in investor mode in rimm?
[13:36] {Geo} vad we did rather good for a quad witching today
[13:36] {Threei} no kidding
[13:39] {Geo} ddc pls vad
[13:39] {Geo} dcc
[13:49] {dino} out avav .84, +.39
[13:49] {Threei} wtg
[13:49] {dino} ty
[13:49] {Geo} so i have an article on P#$# industry bailout
[13:50] {Geo} anyone wants me to post link?
[13:50] {Geo} what the heck......
[13:50] {Geo} http://www.scholarsandrogues.com/2008/12/19/bailing-out-the-porn-industry/
[13:50] {Geo} dont kick me vad !!!!!!!!!!!!!!
[13:50] {Geo} its christmas forgiveness time
[13:51] {Threei} depends on article's quality
[13:51] {Geo} tounge in cheek funny
[13:51] {Geo} i had to post
[13:51] {Geo} afterall its my neighbourhood
[13:53] {Threei} ok, this may be not funny, but RIMM the same setup again
[13:54] {Threei} 1:1
[13:55] {lisa_jay} sigh, 3 setups missed.
[13:55] {Larisa1} funny Geo :) and correlates very well with vad's earlier outburst :)
[13:55] {Threei} lisa... this one was considerably faster but two before were fine...
[13:56] {lisa_jay} My fault entirely Vad...was busy and had to restart trading application....kids and keyboards.
[13:56] {Threei} 1:2, out
[13:56] {lisa_jay} Nice trade
[13:57] {Geo} this att uverse is killing me
[13:57] {Threei} don't remember RIMM so obedient
[13:57] {Geo} i lost connection for exactly 5 mins
[13:57] {Geo} mirc on laptop
[13:57] {Geo} sigh
[13:58] {dawg} out another 1:2 thank you sir
[13:58] {Threei} welcome
[13:58] {magoo} in rimm
[13:58] {magoo} u out?
[13:58] {Threei} 5 for 5
[13:58] {dawg} right on!
[13:58] {jmb} Thanks
[13:58] {Threei} [13:56] {Threei} 1:2, out
[13:58] {magoo} where?
06[13:59] * Threei slaps magoo around a bit with a large alphabet and instruction how to put letters together in words
[13:59] {Geo} thanks larisa....
[14:00] {Larisa1} ty for laugh
06[14:00] * magoo slaps Threei around a bit with a large manuel on how to profit by not being able to read or follow proper instructions
[14:00] {magoo} out .28
[14:02] {Threei} (CA) CANADIAN PM PLANS TO ANNOUNCE CANADIAN AUTO INDUSTRY BAILOUT PACKAGE ON 12/20 AT 10:30AMET
[14:02] {Threei} {GM F}
[14:04] {magoo} vad, next pullbk Rimm..43 in the cards today
[14:05] {Threei} feels this way but it needs market to go back to its highs
[14:05] {Threei} Qs need to break 30.10
[14:05] {Threei} for RIMM to break 42.50
[14:11] {Threei} it's willing... just some help from market, and could do it easily
[14:11] {magoo} AAPL getting ready too
[14:11] {magoo} but RIMM is better choice
[14:14] {magoo} 2:15 daily crash here
[14:16] {Threei} .50 break coming with just a few Qs upticks
[14:17] {lisa_jay} Trade alert Vad?
[14:17] {Threei} beyond risky lisa
[14:17] {lisa_jay} Ok, thanks.
[14:17] {Threei} and totally market dependent
[14:21] {Threei} no help by market
[14:21] {magoo} 14:15] {magoo} 2:15 daily crash here
[14:21] {magoo} every freakin day
[14:22] {Threei} I don't know if you can call 10 cents drop Qs a crash, really :)
[14:23] {magoo} did i say it was done here}?
[14:33] {Threei} nice and easy RIMM
[14:34] {magoo} in rimm
[14:35] {Geo} man that was a costly shower
[14:36] {Threei} that wasn't a call geo
[14:36] {Geo} true
[14:36] {Threei} so you wouldn't have taken it anyway, you need those green blinking :)
[14:36] {Geo} a bit risky
[14:36] {magoo} it wasn"t??
[14:36] {Geo} indeed
[14:36] {magoo} im in
[14:36] {Geo} hehehe
[14:36] {Geo} maggo is a savant
[14:36] {Threei} you are in on your own greed magoo :)
[14:36] {magoo} out 80
[14:36] {magoo} TY for not calling it
[14:37] {Threei} I just provided running commentary
[14:37] {Threei} lol
[14:41] {Onix} ty Vad, i got 36c + 54c on my 200 in RIMM
[14:41] {Threei} wtg
[14:41] {Threei} I like this RIMM transformation
[14:42] {Threei} still wide enough to sizeable profits but way less volatile and way more manageable
[14:42] {Onix} yes, now i can also trade it a little
[14:42] {Threei} FED'S YELLEN: CLEAR AND STRONG COMMITMENTS ON POLICY ARE NEEDED WHEN RATES ARE NEAR ZERO
[14:43] {Threei} ummm... and when rates are at 10%, commitments can be muddy and fibble?
[14:44] {Onix} lol
[14:45] {Threei} RMBS?
[14:45] {cosmo} could she mean regime change?
[14:45] {cosmo} ...yellen
[14:46] {Threei} RMBS
[14:46] {Threei} HYNIX AND MICRON CONCEDE INFRINGEMENT IN RAMBUS PATENT SUIT
[14:46] {Threei} - Companies to argue that Rambus patents are not valid{MU}
[14:46] {Geo} man rimm is so benevolent today
[14:47] {magoo} if IF mkt powers up in crazy hour...44.50 today imo
[14:49] {Geo} in from .98
[14:49] {Geo} too half out at .19
[14:52] {Geo} out
[14:54] {Geo} its all vads fault........i might have to up daily
[14:55] {Threei} forgive me for spoiling you with profits
[14:55] {Geo} its just wrong i tell ya
[15:07] {Geo} .
[15:08] {Threei} sorry geo... I just shut up, no to spoil you more {G}
[15:08] {Geo} no no vad
[15:08] {Geo} resist temptation by giving in to it
[15:08] {Threei} that's what I did my entire life
[15:09] {Threei} I mean, there is temptation I wouldn't resist fiercely and wouldn't cave in
[15:11] {Geo} down day IMO
[15:12] {Threei} um, correction
[15:12] {Threei} there is NO temptation... etc
[15:13] {cosmo} too deep
[15:19] {Threei} then it's not me
[15:25] {magoo} RIMM held well
[15:26] {Threei} Blagoevich said he is innocent and will strangle anyone who thinks otherwise
[15:27] {cosmo} mkt seems to like that news
[15:28] {Larisa1} of course he is, just tried to find good job for his wife, no crime in it :)
[15:29] {Threei} OK, back to spam mail...
[15:30] {KSystems} who is blagoevich?
[15:30] {Threei} hwey, I can get diploma without actually attending college... wow, possibility are endless
[15:30] {Threei} sheesh, those europians
[15:31] {Threei} Illinois governor accused of trying to sell Obama's senate seat
[15:31] {KSystems} oh ok
[15:32] {KSystems} There are countries in which you can found an official university for a few thousand dollars...
[15:32] {KSystems} and give away degrees
[15:32] {Threei} also, I can buy some fake watch and, as email claims, stop being jealous of rich looking men
[15:33] {KSystems} do they have watches that make rich looking men jealous?
[15:35] {dino} no, just girls
[15:35] {Geo} we in anything?
[15:35] {Threei} in coma
[15:35] {Geo} of course
[15:35] {Geo} vad you should put a copyright sign next to that answer
[15:36] {Threei} in coma ® ©
[15:36] {Threei} one spam e-mail is very frustrating
[15:37] {Threei} it's in german I think
[15:37] {Threei} and I am dying to know wehat they told me
[15:37] {Geo} this hurts me
[15:37] {KSystems} what does it say?
06[15:37] * Geo puts anything vad says with the word spam in it on ignore
[15:37] {Threei} well, one word I understand
[15:38] {Threei} Haben Sie das Gefühl, dass Ihre Potenz waehrend des Sex nachlaesst? Kommen Sie zu frueh? Es lauft im Bett nicht mehr wie frueher?
[15:38] {Threei} Oder haetten Sie einfach gerne laengeren und intensiveren Sex?
[15:38] {Geo} lol
[15:38] {lisa_jay} Lisa covers her little kids eyes.
[15:38] {Threei} lol
[15:39] {KSystems} ummm
[15:39] {Threei} don't
[15:39] {Threei} lol
[15:39] {Larisa1} no need to translate, KS :)
[15:39] {KSystems} OK I will translate...skip that in the log :D
[15:39] {Threei} nah
[15:39] {Threei} don't bother
[15:40] {KSystems} :P
[15:40] {Threei} I understood words intensiveren and produkt
[15:40] {Geo} i get NO spam
[15:40] {Geo} and no i am not sharing my email with you vad
[15:41] {Threei} but then you forfeit all the nigerian money
[15:41] {Geo} hehe
[15:41] {lisa_jay} That's it Vad....next e-mail from me will contain a virus to crash your spam mail...or for good measure just crash all your e-mail system
[15:41] {Threei} oh great
[15:41] {Threei} last source of entertainment
[15:41] {Threei} (and nigerian money)
[15:42] {lisa_jay} Small loss.
[15:43] {Threei} don't say that... 8 millions from one e-mail, 20 from another, pretty soon we are talking real money
[15:43] {KSystems} hrmmmm please do us a favor then and call BEFORE you enter your orders. thanks.
[15:43] {Threei} ands apparently I am very popular over there... new and new people want to make me rich
[15:46] {Threei} WHITE HOUSE STATES LOAN AGREEMENTS WITH GM AND CHRYSLER HAVE BEEN SIGNED
[15:46] {Threei} {GM F}
[15:47] {cosmo} 'sound as a dollar'
[15:50] {dino} and all other creditors are f#cked
[15:51] {cosmo} even gold at some point...
[15:54] {Threei} OK guys
[15:54] {Threei} thank you all
[15:54] {Threei} great day, very decent week
[15:54] {magoo} TY vad..u hoit some BIG ones today boss
[15:55] {Threei} have a fantastic weekend
[15:55] {lisa_jay} Thanks Vad.
[15:55] {Larisa1} have a nice weekend everybody
[15:55] {Threei} stay warm
[15:55] {Threei} drive safely
[15:55] {dptl} have a good weekend all
[15:55] {Threei} see you all on Monday
[15:58] {dino} take care all
[15:58] {lisa_jay} you too Dino.
[15:58] {dawg} thanks everyone