RealityTrader Trading Log

Wednesday, November 7, 2007

November 7, 2007

Session Start: Wed Nov 07 00:00:00 2007

Session Time: Wed Nov 07 00:00:00 2007

[05:26] {Threei} Geron's Cell-Based Therapeutic for Spinal Cord Injury Survives and Exhibits Remyelination

[05:26] {Threei} - GRNOPC1, the company's human embryonic stem cell -based therapeutic for spinal cord injury, survives and exhibits durable and robust human remyelination in spinal cord-injured rats for at least nine months following a single injection.

[05:26] {Threei} GERN

[05:29] {magoo} morn rt

[05:30] {Threei} oh... sorry... forgetting to say hi is one of first signs, isn't it... Good morning :)

[05:32] {hawkfan4} good morning all

[05:32] {Threei} hawk :)

[05:47] {magoo} JRJC vad..news?

[05:48] {Threei} not that I see

[05:48] {hawkfan4} 08:40 JRJC China Finance Online upgraded to Buy at Brean Murray- tgt $50 (34.04 )

[05:48] {magoo} 3 1/2 points

[05:49] {magoo} dam

[05:49] {magoo} not avail

[05:49] {magoo} just went for it

[05:49] {esemde} good morning early west coast risersrisers

[05:50] {Threei} ese :)

[05:50] {patience} morning ese and rt :)

[05:50] {Threei} patience :)

[05:50] {esemde} gm patience vad magoo ram hawk

[05:50] {Threei} wwatching ESLR... grabbed half lot GERN at .30 in case it's a biggie, will dump it if loses .20

[05:51] {magoo} fwlt news bvad

[05:51] {esemde} you buy something premarket Vad

[05:52] {Threei} rarely

[05:52] {Threei} but if I am early on what seems to be an interesting news and stock hasn't moved much from close yet...

[05:56] {dptl} good morning all

[05:56] {cosmo} lets hope

[05:57] {esemde} dp cos

[05:57] {magoo} news FWLT vad?

[05:57] {cosmo} ese:)

[05:57] {cosmo} Foster Wheeler beats by $0.28, beats on revs; announces a 2-for-1 stock split

[05:57] {cosmo} Briefing.com (Wed 6:48am)

[06:01] {cosmo} ESEA

[06:01] {cosmo} tries to get back up off the floor

[06:02] {cosmo} Euroseas Ltd. Announces Pricing of Follow-on Offering of Common Stock

[06:02] {cosmo} Marketwire (Wed 8:58am)

[06:02] {cosmo} fwiw

[06:04] {magoo} ty cosmaniac

[06:04] {cosmo} :)

[06:16] {dino} gm all

[06:17] {Threei} dino :)

[06:18] {dino} dcc 3i

[06:24] {Threei} VLNC GUIDES Q3 R$4-6M - CONF CALL

[06:25] {Threei} by the price action it doesn't look like conf call goes well

[06:26] {esemde} ALTH has another lymphoma drug having successful trials

[06:26] {esemde} nobody getting sick from it so far

[06:27] {esemde} Interim response and safety analyses support continuation of Allos Therapeutics' pivotal Phase II Propel trial of PDX in patients with peripheral T-cell lymphoma

[06:27] {magoo} still in GERN vad?

[06:28] {Threei} yes

[06:28] {Threei} but not for much loger I think :)

[06:28] {Threei} out

[06:28] {esemde} ALTH...good looking daily chart

[06:28] {Threei} .17

[06:33] {Threei} ESLR is tempting long if stays above 13.80

[06:33] {Threei} I'd prefer one more pullback before a break

[06:37] {Threei} ARTG 4.60 long if stays above 4.50

[06:39] {esemde} PSPT bstop 12.56

[06:41] {cosmo} ESLR hod = 14.25

[06:41] {cosmo} gona test

[06:41] {cosmo} gonna

[06:42] {magoo} dam eslr..wanted a pullbk ..so not in

[06:42] {Threei} yeah, it's determined today

[06:43] {magoo} we keep missing the boat

[06:43] {Threei} Roman's PLUG on the move

[06:43] {dino} mbi s hl .61

[06:43] {esemde} PSPT long 12.65

[06:44] {magoo} vad, u ever considerer short scalping ESLR?

[06:44] {Threei} yes... and can never find heart for it, lol

[06:45] {Threei} oh yessss

[06:45] {Threei} WHITE HOUSE SAYS OIL PRICES ARE TOO HIGH

[06:45] {Threei} thank you powers that be for this sharing of wisdom

[06:45] {magoo} dubbya had 3 advisors for that comment, one decented

[06:46] {cosmo} another works in the kitchen

[06:46] {magoo} as an illegal too

[06:47] {Threei} ENZN

[06:47] {Threei} .30 long

[06:47] {Threei} half lot

[06:48] {Threei} stop under 10.10

[06:48] {magoo} why half? jumper?

[06:48] {Threei} sometimes, yes

[06:48] * magoo slaps Raven around a bit with a large trout

[06:49] {Roman} VLNC

[06:49] {Roman} could szeeze out shorts

[06:49] {Threei} back from dead?

[06:49] {Roman} yep

[06:49] {Roman} looking for small pullback to .42 to load some

[06:50] {esemde} PSPT looking great at the highs

[06:51] {magoo} quid scalp somewhere vad

[06:51] {magoo} QID

[06:52] {Threei} I don't have firm grip on NQ here

[06:52] {Threei} too erratic

[06:52] {esemde} OUT PSPT .02 +.37

[06:52] {Threei} FED'S MISHKIN SAYS 'BEST BET' IS THAT OIL PRICES COME DOWN

[06:52] {Threei} you first Mishkin

[06:53] {Roman} SATC playing a bit

[06:53] {Roman} in swing yesterday

[06:53] {dino} cov mbi .37, +.24

[06:55] * Raven slaps magoo around a bit with a large trout

[06:55] {Raven} {}

[06:55] {magoo} R

[06:55] {magoo} A

[06:55] {magoo} V

[06:55] {magoo} E

[06:55] {magoo} N

[06:55] {magoo} :)

[06:55] {Raven} hey there big fella

[06:56] {dino} pfgc hl s .82, stop .06

[07:00] {dino} pfgc stopped .01, -.19

[07:00] {Threei} *SEPT WHOLESALES INVENTORIES: 0.8% V 0.2%E

[07:04] {esemde} long XFML 8.25....

[07:05] {Roman} CPSL

[07:05] {Roman} long

[07:05] {cosmo} ESLR should hold 14

[07:05] {cosmo} imo

[07:06] {Roman} china plays

[07:06] {Roman} CTDC

[07:08] {dino} hl l wynn .85

[07:08] {Roman} long KONG

[07:09] {dino} out .49, +.64

[07:09] {dino} l wynn .90, hl

[07:10] {Threei} ENZN stop .14 if triggers from here

[07:12] {Roman} BHIP

[07:13] {dino} out weynn .13, +.23

[07:14] {magoo} l enzn boss

[07:14] {Threei} CBAK?

[07:14] {Roman} looking good with china

[07:15] {Threei} BEAS

[07:15] {Threei} TICKS HIGHER ON RUMOR IBM MAY BE INTERESTED IN MAKING A BID

[07:15] {Threei} lol

[07:16] {Roman} what other china plays you guys played RCH?

[07:16] {Threei} BAMM half lot long .50

[07:16] {Threei} stop under .35

[07:17] {Threei} that one is tough Roman

[07:17] {Threei} typical AMEX

[07:17] {magoo} lulu china?

[07:17] {Threei} no

[07:17] {patience} vancouver

[07:17] {dino} wspi s hol .29, stop .53

[07:18] {Roman} stoppped VLNC

[07:19] {Roman} long SCON

[07:22] {Roman} long ACPW swing

[07:22] {Roman} 2

[07:23] {magoo} out ENZN flat...not my type

[07:28] {Threei} keep an eye on TMTA

[07:29] {Threei} may become a wakening up again giant if momo catches up

[07:29] {Threei} spent a while shying from attention but haven't really dropped much

[07:29] {Threei} after that huge gap and run

[07:30] {Threei} *DOE CRUDE: -800K V -1.5ME; GASOLINE: -800K V -100KE; DISTILLATE: +100K V -400KE;

[07:31] {Threei} CAPACITY ULITILIZATION: 86.2% V 86.8%E

[07:31] {Threei} - API Gasoline: -2.5M

[07:31] {Threei} - API Distillate: +485

[07:39] {Roman} looking to buy EGLE

[07:39] {Roman} on pullback here for a bounce

[07:39] {dino} watching it here too

[07:39] {Roman} bidding 28.10 area

[07:39] {dino} or drys

[07:40] {Threei} ENZN stop to .19

[07:42] {dino} 27.75 me

[07:42] {dino} stepped up, hl l .20

[07:43] {Roman} out EGLE

[07:44] {Threei} QID .94 short if stays below 35

[07:46] {esemde} man.... these Chinese stocks are wacko....just all over the place

[07:47] {dino} pretty much all stocks lately ese

[07:48] {dino} wow drys drops to 103 then bounces in 5 minutes to 110

[07:49] {dino} wynn l off of .50 break

[07:49] {dino} out .75, +.25

[07:50] {dino} eagle nice spot rfr

[07:51] {ramvfin2003} SCON up slow and steady everyday lately

[07:52] {dino} stopped egle .54, +.34

[07:52] {magoo} QID valid?

[07:52] {magoo} i left office

[07:52] {Threei} hard to tell... rather yes

[07:53] {dino} wow rimm

[07:57] {dino} wspi stopped -.27

[07:57] {Roman} i think IDSA just reported

[07:58] {Threei} REPORTS Q3 EPS $0.11, R$17.9M, UP FROM $15.3M Y/Y

[07:58] {Roman} XMSR & SIRI continuing

[08:10] {esemde} Vad you ever follow a time of dayor use time of day as part of your trading?

[08:10] {esemde} it's definately easier to make in that 1st hour and a 1/2 .

[08:10] {Threei} not as a directional thing,

[08:10] {Threei} rather as activity lead

[08:11] {esemde} how do you mena activity lead

[08:11] {Threei} as in, cut down on activity during lunch time

[08:11] {esemde} ok

[08:11] {Threei} XMSR looks determined to reach 16

[08:18] {esemde} long PSPT again .89 1/2 lot

[08:19] {Threei} PTEC?

[08:23] {dino} gs sm l .30

[08:23] {Threei} ASTI

[08:23] {Threei} .50 break small shares

[08:24] {Threei} look to exit into spike after .75 break if you got it

[08:24] {Threei} stop under .30

[08:25] {Threei} out .85

[08:25] {dino} ofix

[08:26] {Threei} a bit early

[08:31] {Threei} XMSR .34 long, .24 stop. If loses .25, looking for pullbacl entry closer to 15

[08:38] {Threei} dino... IDCC

[08:43] {dino} wynn l hl .50 risky

[08:43] {Threei} (FR) PRESIDENT SARKOZY: SAYS 'MONETARY DISARRAY' CAN LEAD TO 'ECONOMIC WAR'- Cannot leave USD as problems for others to solve

[08:43] {Threei} I wonder what he suggests

[08:44] {dino} idcc hmmm

[08:44] {dino} feels like more

[08:59] {Threei} adrenali-deprived... RIMM long on 137 break

[09:00] {Threei} is there any need to add "small shares"?

[09:00] {esemde} sure.....we've heard that one before.....and your looking at an almost perfect setup....

[09:03] {Threei} market is quite schiso today

[09:07] {dino} you think? :)

[09:07] {Threei} not really... but I pretend to

[09:08] {Threei} pullback entry RIMM

[09:08] {Threei} somewhere her with relarively tight stop

[09:08] {Threei} gotta try to time it with NQ reversal

[09:09] {Threei} finger on the trigger

[09:10] {Threei} in

[09:11] {Threei} stop under .50

[09:11] {cosmo} ESLR tests 14

[09:13] {Threei} come on NQ

[09:13] {Threei} little help?

[09:16] {Threei} according to recent market behavior, it's bound to rally 15 points now {G}

[09:19] {Threei} RIMM is not dropping with NQ anymore... just hold .50 please, and should be just fine

[09:19] {magoo} entry u git rimm?

[09:19] {Threei} .80

[09:20] {Threei} grrr

[09:20] {Threei} out

[09:21] {magoo} xmsr ever trigger?i was out office..again..sigh

[09:21] {Threei} nope

[09:21] {Threei} most likely shakeout RIMM but I am not about to check it by risking blown stop

[09:29] {Threei} shaekout that was

[09:42] {Threei} let's see if we can capitalize on schiso moves

[09:43] {Threei} QID short 34.99 if stays under 35.10

[09:49] {Threei} nope, schiso is directed other way

[09:50] {cosmo} ...which is typical..

[09:50] {Threei} lol

[09:56] {Threei} FED'S WARSH: US INFLATION, GROWTH RISKS NOW ROUGHLY BALANCED

[09:56] {Threei} - Says oil, other commodities to pressure inflation in short run

[09:56] {Threei} - View on policy stance would shift if data changes forecast or risk to forecast

[09:56] {Threei} -

[09:58] {dino} snci

[09:59] {Threei} I don't swee news

[10:01] {Raven} swee this !

[10:14] {Chaeron} hi Raven

[10:14] {Threei} ONXX short small shares

[10:14] {Threei} stop above .50

[10:15] {Threei} .25 trigger

[10:15] * Raven slaps Chaeron around a bit with a large trout

[10:15] {Threei} FED'S POOLE: DISORDERED FINANCIAL MARKETS IS NOT YET COMPLETE

[10:16] {Threei} FED'S LOCKHART: MARKETS MAY ENDURE WEEKS OR MONTHS OF VOLATILITY

[10:16] {Threei} - Housing is likely to weigh on consumer spending, unlikley to severely impact economy, envisions 'moderate' slowdown in economy activity

[10:16] {Threei} - Sees slower GDP in Q4 and first half of 2008

[10:16] {Threei} - Ancedotal evidence paints grimmer picture than data

[10:16] {Threei} - Says October job market data 'encouraging'

[10:16] {Threei} - Inflation has improved, but risks remain

[10:16] {Threei} - Says Financial system today is more 'opaque'{XHB}

[10:16] {Raven} I see right thru that !

[10:18] {esemde} and down she goes....interesting market.......welll i'll have to leave you all to it...gotta go take care see you tomorrow

[10:18] {Threei} take care ese

[10:19] {esemde} see ya vad

[10:19] {Chaeron} bye ese

[10:19] {Threei} wow

[10:19] {Chaeron} we're going to zero

[10:19] {Threei} today?

[10:20] {Chaeron} naaaaaa.... going to torture us

[10:20] {Threei} too bad

[10:20] {Threei} I'd buy .00001

[10:21] {Raven} remain clam

[10:21] {Chaeron} i know.. I wanted tomorrow off

[10:21] {Roman} long WM

[10:21] {Threei} who are you calling a clam raven?

[10:21] {Roman} 1/2 size will try for bounce

[10:21] {Roman} 20.01

[10:22] {Chaeron} I thought that he was training shellfish

[10:22] {Raven} lol

[10:22] * Raven slaps Chaeron around a bit with a large trout

[10:23] {Threei} out ONXX

[10:23] {Threei} no gravity

[10:23] {Threei} I knew gravity was a hoax

[10:24] {Raven} who?

[10:26] {Roman} long JASO small

[10:26] {Roman} 59.11

[10:33] {Roman} out 1/2 WM +.31

[10:35] {Threei} nice one roman, thanks

[10:35] {Roman} out JASO +.42

[10:36] {dino} gj

[10:37] {Chaeron} nice Roman

[10:38] {Roman} ty

[10:41] {Roman} out remaining +.70

[10:50] {Roman} PRGO may go for

[10:50] {Roman} small scalp here

[10:51] {Roman} in .88 looking to exit .99

[10:51] {Threei} you preomise to be careful enough not to spend it all at once

[10:51] {Threei} you will re-fuel inflation feds just defetaed

[10:52] {Threei} sheesh, my typing today...

[10:52] {Roman} :)

[10:56] {Roman} out PRGO

[11:11] {Threei} LULU short small shares if breaks down .50

[11:11] {Threei} over .75 invalidated

[11:12] {Threei} not available

[11:13] {dino} wynn finally trying

[11:14] {dino} out wynn +.24

[11:14] {Threei} IMCL .17 long half lot, stop under 44

[11:18] {Threei} in aggressively .03

[11:18] {Threei} .94 stop

[11:21] {Threei} GAIA dino

[11:23] {dino} hmmmm

[11:23] {dino} \no news

[11:24] {dino} reporting tonight

[11:24] {Threei} FED'S POOLE Q&A: MARKET SHOULD NOT ANTICIPATE RATE CUT AT NEXT MEETING, BUT NOT THE SAME AS SAYING A CUT HAS BEEN RULED OUT

[11:25] {patience} nothing like certainty for the stock market

[11:26] {dino} they should just shut up. we all know another couple cuts are coming.

[11:27] {Roman} i think NOT

[11:27] {patience} everytime fed speaks, my euro's, aussi dollar calls climb

[11:28] {Threei} FED'S LOCKHART: STILL NOT CERTAIN SIV FUND WILL BE IMPLEMENTED

[11:29] {Threei} anyone was able to short LULU?

[11:29] {hawkfan4} in .50 vad

[11:30] {Threei} keep stop just above .70 for now

[11:30] {hawkfan4} kk

[11:30] {Threei} this big bid at .25 is important indication

[11:30] {Threei} if taken, should tank nicely

[11:31] {dino} nile, making me cry, played it afterhours yesterday long from 68 to 69.60, sheesh

[11:32] {dino} they are coming rfr, just you wait. .75 by may

[11:32] {Roman} i know u want it cause u are a real estate flipper

[11:33] {dino} it's the only way out w/o throwing everybody out of the houses and breaking the too big to fail banks

[11:33] {Threei} shorted a little GAIA

[11:33] {Threei} stop above day high

[11:33] {dino} imo of course

[11:33] {Roman} people that have jobs can still pay mortgage, it's real estate investors who inflated prices

[11:34] {Roman} i live in miami, i see what's been going on

[11:34] {dino} alot of sub-primers who never should have bought a house

[11:34] {dino} time will tell

[11:34] {dino} btw, i just bid a foreclosure, 3 bedroom 2 bath at 50k, the price of a nice car

[11:35] {Roman} true

[11:35] {Roman} this could be nice flip

[11:35] {dino} when they get to car prices, i have to bid 'em

[11:36] {Threei} and bid cars when they get to the price of a toothbrush

[11:36] {dino} lol

[11:37] {Threei} of course you won't have money to buy toothbrush if they sustain inflation... but with a lot of houses and cars, who cares about bad breath

[11:37] {Roman} i was saying the real estate topped since 04

[11:37] {Roman} but it continued going up

[11:38] {Roman} but turned in 05

[11:38] {Roman} i just know the FREE MONEY is not going to last

[11:38] {dino} you will be buying again in 6 months i bet

[11:38] {Roman} NO F WAY

[11:38] {dino} really, thought you sold yours

[11:38] {Roman} lot's of flippers got burned

[11:39] {Roman} working at publix

[11:39] {Roman} but they were driving bentley in 04

[11:39] {Threei} die LULU for hawkfan

[11:39] {Threei} die GAIA for me

[11:39] {dino} lol

[11:40] {Roman} russian community here things got super crazy

[11:40] {Threei} ummm... go up real estate for dino?

[11:40] {Roman} people wearing Versaci chains

[11:40] {Roman} Chanel diamond chains

[11:41] {dino} see it everywhere, lots real estate agents crying too.

[11:41] {Threei} buzz cut and sport constumes?

[11:41] {dino} but buy when the blood runs

[11:41] {Roman} i want to wear a diamond too and drive a bentley

[11:42] {dino} dino the contrarian you know. everybody tells me i'm nuts, but it usually works out

[11:42] {Threei} I don't... something must be wrong with me

[11:42] {Roman} did u know Vad trades in a Pimp Suit wearing fake diamond chains?

[11:42] {dino} lol i wear a pulsar watch and drive a dodge durango

[11:42] {Threei} I just like the sound

[11:43] {Threei} they chime nicely

[11:43] {Roman} the picture you see of Vad on the website is quite old its from Soviet Union times when he was still conservative but now

[11:44] {Threei} but I still vote conservative... does that count?

[11:44] {Roman} Vad we have no trial members at this time in the room so i guess i can joke for now

[11:44] {Threei} you can joke when they are here too

[11:44] {Threei} I don't care much for members with no sense of humor

[11:45] {Threei} (providing we can call this humor)

[11:45] {Roman} :)

[11:45] {dino} :)

[11:46] {dino} you should see magoo trade in in camos

[11:47] {Threei} that's a mental image I am going to spend fortune on shrinks to get rid of

[11:47] {dino} clwr

[11:49] {Threei} actually everything about magoo is shrink involvement-causing

[11:49] {dino} indeed

[11:51] {dino} mygn

[11:51] {Threei} starting from trout joy he genrously spreads round and finishing with his trades that are as heart attack waiting to happen

[11:55] * magoo slaps Threei around a bit with a large trout

[11:55] {Threei} there... joy is being spread

[11:56] {dino} is that what you call it

[11:56] {Threei} NASDAQ has declared Self Help against the New York Stock Exchange (NYSE) as/of 14:51:03 E.T

[11:56] {Threei} what does that mean?

[11:57] {Threei} NYSE reporting streetwide problems on multiple trading posts.

[11:58] {dino} great

[11:58] {Raven} {------------ circling the NYSE

[12:00] {Threei} SEPT CONSUMER CREDIT: $3.7B V $9.0BE

[12:00] {dino} huh, way lower

[12:00] {Raven} everybody paid off balances dino

[12:01] {dino} i guess so, so consumer not as bad as news says

[12:01] {Raven} they used their home equity

[12:01] {dino} mygn hl l .02

[12:02] {Threei} cool beans LULU, now just post nice offer and drop dead

[12:02] {dino} back in 10

[12:04] {Threei} stubborn thing... you may have to try bid it somewhere hawk, not getting offers chasing it down when it bids drop

[12:05] {hawkfan4} usually an all or nothing stock for me, gonna wait it out a bit

[12:05] {Threei} ok, makes sense

[12:05] {Threei} we placed stop with surgical precision

[12:06] {hawkfan4} perfection :)

[12:10] {Threei} action is very wierd today

[12:18] {dino} mygn stopped .80-.22

[12:21] {dino} out gs .70, +.40

[12:25] {Threei} PRESIDENT BUSH: OIL PRICES RISING DUE TO DEMAND, NOT DUE TO STANCE ON IRAN

[12:26] {dino} another guy that should shut up

[12:38] {dino} sm l gs .51

[12:41] {dino} out .91 +.40

[12:50] {Threei} ok guys, thank you, have a good evening

[12:50] {Threei} see you tomorrow

[12:50] * magoo slaps Threei around a bit with a large trout

[12:50] {dino} take care 3i

[12:50] {magoo} so u think of what u said today he he

[12:50] {Threei} I will

[12:51] {magoo} think CAMO magoo

[12:51] {Threei} my eyes...

[12:52] {magoo} nitemares

[12:53] {patience} hey magoo, you going hunting this Fall?

[12:53] {magoo} yep

[12:58] {dino} calling it a night. thx all

[13:02] {dptl} good night all