July 31, 2007
Session Start: Tue Jul 31 00:00:00 2007
Session Time: Tue Jul 31 00:00:00 2007
[05:32] {magoo} morning rt
[05:32] {DaveG} morning
[05:32] {BillyD} morning
[05:37] {magoo} billy, u laser retail?
[05:58] {dino} gm all
[05:58] {cosmo} GM bests est
[05:58] {cosmo} beats
[05:59] {cosmo} oops....wrong gm
[05:59] {dino} maybe it is the best cosmo, :)
[06:00] {cosmo} yea
[06:02] {dino} ok, messing w/karma, new coofee mug
[06:03] {dino} coffee
[06:03] {Threei} good morning good people
[06:03] {markweb} gm all
[06:03] {Threei} or is it peoples?
[06:03] {Threei} mark :)
[06:03] {markweb} :)
[06:04] {Threei} oh, I know... it's piplz
[06:04] {magoo} morn vad
[06:04] {Threei} magoo :)
[06:05] {cosmo} mf = morning folks fwiw
[06:05] {DaveG} sup bro
[06:05] {Threei} hmmm... that's borderline risky, cosmo
[06:05] {Threei} hey Dave
[06:05] {cosmo} it is?
[06:06] * magoo slaps DaveG around a bit with a large trout
[06:06] {cosmo} uh oh... wud i say?
[06:07] {cosmo} ONNN pre mkt high = 11.90 (spike)
[06:10] {Raven} good moe foe ?
[06:10] {cosmo} careful
[06:10] * Raven slaps DaveG around a bit with a large trout
[06:10] {Raven} k
[06:10] {cosmo} :)
[06:11] {cosmo} SIMO
[06:14] {DaveG} sigh
[06:14] {cosmo} hmm...37c vs 32c est
[06:15] {magoo} DJ spike
[06:16] {Threei} watcning TASR
[06:16] {Threei} and ACTU
[06:21] {cosmo} SIRF's up
[06:21] {cosmo} 7%
[06:21] {DaveG} dood
[06:22] {cosmo} SIRF with INTC....
[06:22] {BillyD} magoo....no to Laserretail
[06:22] {BillyD} been away from desk
[06:23] {cosmo} SIRF: ...signed a license and joint development agreement with Intel (INTC) certain future product platforms to help location and wireless connectivity become more mainstream...
[06:26] {cosmo} SUNW might rise
[06:26] {cosmo} .43 hod ..so far
[06:26] {BillyD} any news on BAC and gap up?
[06:27] {BillyD} can't find any here
[06:27] {DaveG} was a cramer last night
[06:28] {BillyD} thx dave
[06:28] {dptl} good morning all
[06:28] {Threei} dp :)
[06:28] {Threei} TASR news ot just because?
[06:28] {Threei} or
[06:29] {DaveG} was a cramer last night
[06:29] {Threei} ty
[06:29] {DaveG} no, im kidding, i have no idea
[06:29] * Threei slaps DaveG around a bit with a large trout
[06:29] {DaveG} but bac was :)
[06:30] {cosmo} ONNN tests
[06:30] {cosmo} .90
[06:30] {dino} 5.5% div holding it up
[06:30] {DaveG} tasr was on cnbc this morning
[06:30] {Threei} 16 is an interesting point... but pullback first would be much nicer
[06:31] {Roman} EEEI Electro Energy Awarded Contract for Military Aircraft Batteries (1.32 +0.10)
[06:32] {magoo} NVDA vad
[06:33] {Threei} TASR 16.05 long if stays above 15.90
[06:34] {Threei} NVDA, I am conflicted about this one here...
[06:34] {Threei} chart is great... but such gap these days is very likely to wilt and die
[06:35] {magoo} can short
[06:36] {Threei} but charts is great... :)
[06:36] {magoo} any read aapl today
[06:37] {Threei} no futures data, don't want to touch this one without seeing full picture
[06:37] {Threei} NVDA starts looking like bounce scalp
[06:37] {Threei} ugh... late
[06:37] {Roman} QQQQ possibly end rad today, just a comment
[06:38] {Roman} rad = red
[06:39] {DaveG} out remainder cf +6 or something
[06:40] {Threei} CLWR news?
[06:41] {Roman} nope
[06:41] {Roman} Keep in mind that Synchronoss has an opportunity to expand its business with its marquee customers like Clearwire (Nasdaq: CLWR),
[06:41] {Roman} just a mention
[06:43] {Roman} PAAS interesting chart, a bit weird
[06:44] {Roman} BDCO again
[06:44] {Threei} NVDA half lot long .45
[06:44] {Threei} stop .19
[06:45] {Threei} CLWR bounce candidate here
[06:45] {Threei} small shares
[06:45] {Threei} 31.01 trigger
[06:46] {Roman} SWHC sqeezer
[06:46] {Roman} long small
[06:47] {Threei} if CLWR loses .80, look rather for bounce off 30.50
[06:48] {dino} gkk s .08, stop .31
[06:49] {Roman} out 1/2 SWHC +.16
[06:51] {Roman} not sure
[06:51] {Roman} sorry wrong window
[06:54] {BillyD} Vad...AKAM short at 36 area
[06:55] {Threei} I think so
[06:55] {BillyD} if stays under .20
[06:55] {Threei} let's see where the resistance is
[06:55] {Threei} for now, yes
[06:56] {BillyD} it seems when mkt gonna breakdown a bounce comes in
[06:56] {Threei} may form lower one while consolidating
[07:00] {Threei} NVDA
[07:00] {Roman} numbers
[07:00] {Threei} trying and trying
[07:00] {Threei} very nice offer at .45 to serve as indicator
[07:01] {magoo} full lot?
[07:01] {Threei} stop under .25
[07:02] {Threei} slippage is about 3-5 cents worst case scenario on this one
[07:02] {dino} gkk stopped
[07:02] {Threei} munch munch munch
[07:03] {Threei} chewed through
[07:04] {Threei} paused as if it couldn't believe itself
[07:04] {Threei} 1:1
[07:04] {BillyD} out thx Vad
[07:04] {Threei} welcome
[07:04] {Threei} me out half
[07:05] {magoo} nice vad, ty
[07:05] {Threei} :)
[07:05] {Threei} out in full
[07:05] {Threei} got .68 on first half and .89 on second
[07:06] {Threei} will do math over weekend, too big brain load
[07:06] {Threei} AKAM triggered
[07:06] {Threei} if missed let it bounce
[07:06] {Threei} stop is still above .20
[07:07] {Threei} so let's not widen it by chasing
[07:08] {Roman} IPII
[07:08] {Roman} could get attention with tropical strorm in atlantic
[07:08] {Roman} very thin
[07:08] {Threei} what does it do storms wise?
[07:09] {Roman} SIGM
[07:09] {Roman} szeezable
[07:09] {Roman} Imperial Industries, Inc., through its subsidiaries, engages in the manufacture, marketing, and distribution of building materials primarily in Florida, Mississippi, Georgia, Alabama, and in the southeastern United States.
[07:09] {Threei} oh
[07:10] {magoo} vad, is there a second play on nvda?
[07:10] {Roman} they benefit with housing damage , roofs , etc
[07:10] {Threei} it's a tempting chart off .50
[07:10] {Threei} but not seeing futs I have troubles with it
[07:10] {Threei} first break was much easier read thanks to that offer
[07:11] {Threei} AKAM, if loses .90 from here trail stop to 36.11
[07:12] {Threei} good boy
[07:14] {dino} risky hl s . tbsi .87
[07:17] {dino} s rsh .20
[07:17] {dino} cov tbsi .20, +.67
[07:18] {Threei} AKAM over 1:1
[07:19] {Threei} ummm 1:1 and half
[07:19] {Threei} there... my math is not that bad
[07:20] {dino} hmmm
[07:20] {dino} tough crowd
[07:20] {Threei} no kidding dino
[07:20] {Threei} let's go to cruise
[07:20] {Threei} and trade from the ship
[07:20] {Roman} NVAX Novavax Begins Human Clinical Testing of Novel Pandemic Flu Vaccine (2.87 +0.13)
[07:21] {dino} indeed, tell me when
[07:24] {esemde} gm all....am late but have been watching.......didn't want to didturb you in that first hour
[07:25] {magoo} AAPL
[07:25] {Threei} hi ese
[07:25] {esemde} gm Vad
[07:25] {Threei} sheesh... where is sir Newton
[07:26] {Threei} AAPL is looking for him
[07:27] {dino} gm ese
[07:28] {esemde} morning didno
[07:28] {esemde} dino that is
[07:28] {Threei} that's it dino, I can stand just so much underappreciation... this coming Friday, Holland America Lines, Golden Princess, boarding in Victoria, going to Alaska
[07:28] {Threei} AKAM 1:2
[07:29] {esemde} are you going on a cruise Vad
[07:29] {dino} i'm in, i feel like rodney dangerfield, no respect
[07:30] {Threei} qwhat else can I do, noone takes my calls or appreciates my best jokes
[07:30] {Threei} (granted, my best jokes are still very lousy... but that's not the point)
[07:30] {BillyD} well...I got greedy on AKAM and wanted to short in a bounce over 31 and it never did...so missed
[07:31] {BillyD} as I missed the original breakdown
[07:31] {BillyD} next
[07:31] {Threei} but then .90 would have worked as conservative entry
[07:31] {magoo} news AAPL
[07:31] {Threei} with stop above 36
[07:31] {BillyD} yes...thought about it but took clwr short at .86 to .62 area
[07:32] {Threei} ah, OK then... it was not wasted time :)
[07:32] {BillyD} as it just seemed as though not much chasing
[07:32] {Threei} AAPL discovers gravity
[07:32] {BillyD} no but hate to miss one been watching
[07:32] {dino} gj billy
[07:32] {BillyD} thx dino
[07:33] {dino} vsea spikeroni
[07:34] {dino} and again
[07:40] {Roman} JASO short watch
[07:46] {BillyD} watching NVDA for possible bounce
[07:46] {BillyD} doesn't seem ready yet
[07:47] {dino} tbsi hl s .01
[07:48] {BillyD} was thinking same thing
[07:48] {Threei} ready to cover AKAM in full on either break under .50 or avbove .54
[07:49] {BillyD} ss TBSI 38
[07:50] {Threei} done with AKAM +.55
[07:51] {Threei} wow
[07:51] {Threei} lol, even that was too soon
[07:52] {dino} nuro
[07:52] {BillyD} cov'd 1/2 tbsi +.18
[07:52] {dino} where you covering billy?
[07:53] {BillyD} it's at last support her
[07:53] {dino} ok
[07:53] {Threei} good job TBSI guys
[07:53] {dino} mkt dropping fast
[07:53] {BillyD} looking for spike down on rest
[07:54] {dino} tear down that .80
[07:54] {BillyD} yup
[07:54] {BillyD} trying rest .61
[07:54] {DaveG} this is nice not having an uptick
[07:54] {DaveG} not needing one i mean
[07:54] {dino} y
[07:55] {dino} bstop is .cov, blew thru bstop, ave .80, +.21
[07:58] {Threei} NURO news?
[07:58] {dino} faro
[07:59] {DaveG} babe alert
[08:00] {DaveG} oops, wrong room
[08:02] {dino} lol
[08:07] {Threei} just out of sheer curiosity... how often do we see stocks like TMWD shortable? :)
[08:08] {BillyD} cov'd rest of TBSI -.37...got away from me....very small shares
[08:09] {dino} i like the hard stops
[08:09] {dino} even w/the slippage
[08:09] {esemde} not often Vad
[08:10] {esemde} don't SEC rules disallow shorting below a certain level..
[08:10] {BillyD} agree dino....didn't know the true personality of the stock...was trying to get out on pb but too thin
[08:10] {Threei} too bad volume is not there... chart looks like total disintegration
[08:10] {Threei} no, not really
[08:10] {Threei} it's a complicated issue,
[08:10] {Threei} tied into marginability and broker's inventory
[08:11] {Threei} basically, if a broker has inventory for a stock and it's marginable by this particular broker, it can be shorted
[08:11] {dino} its your brokers call ese
[08:11] {BillyD} it's all about liability
[08:11] {esemde} when I read the company name ...I thought for a second it said Elton John's "Tumbleweed Connection"...I have that album
[08:12] {dino} stay w/us ese, about 5 hours to go
[08:13] {esemde} ya......am shaking my head now.......
[08:15] {dino} hmmm tbsi hmmm
[08:18] {dino} stalking tbsi, faro, vsea
[08:23] {dino} rrst blood
[08:25] {esemde} buy stop GMKT 21.76...with a little help from NQ
[08:29] {esemde} long GMKT .79 crapy fill
[08:29] {Threei} there were no offers at your price... I'd say for this thin stock 3 cents above is a good fill
[08:30] {BillyD} HOKU short oppty for scalp here
[08:30] {BillyD} Vad..any thoughts HOKU...it is slow
[08:30] {esemde} only 100 shs .....being cautious...building up confidence
[08:30] {BillyD} break of .85
[08:31] {Threei} good way to do it ese
[08:31] {Threei} Billy, I like the idea chart wise
[08:31] {BillyD} gj ese
[08:31] {Threei} but I hate the way it trades at the time being
[08:31] {BillyD} yeah...it's just the HOKU factor
[08:31] {BillyD} lol
[08:32] {Threei} see, it's always volatile, but when it has volume and momo, it at least provides some continuity to the movenets
[08:32] {Threei} movements
[08:32] {Threei} in this letargy state it can just teleport on you
[08:32] {Threei} doeasn't mean it's totally untradable,
[08:32] {BillyD} yeah...one penny at a time or random spike
[08:33] {Threei} if you get feel for it and control shares, it's doable
[08:33] {BillyD} be a dime stop
[08:33] {Threei} anyone remembers the name Felderhof?
[08:34] {Threei} Bre-X scandal
[08:34] {Threei} just got acquitted by court in inside trading accusations
[08:34] {BillyD} now he has to worry about assassins
[08:35] {Threei} lol
[08:35] {Threei} meanwhile, speculations run wild about de Gusman
[08:35] {BillyD} or helicoptors hovering above him wanting to give him a ride
[08:35] {Threei} did he really fall off that chopper or he is enjoying life somewhere on exotic beaches with new face
[08:37] {esemde} read the globe and mail story yesterday...she maintains that he was thrown off by indonessian secret service
[08:37] {Threei} that's third theory
[08:39] {dino} i think "they" did it
[08:41] {BillyD} they did do it right
[08:41] {esemde} "they".... now thats speculation if I ever heard it.....
[08:41] {BillyD} conspiracy
[08:47] {BillyD} mkt is narrowing its range
[08:57] {BillyD} vad...you have NQ quotes yet
[08:57] {DaveG} short mdr 83.81
[08:58] {BillyD} thinking NVDA .01 w/ uptick in NDX
[08:59] {Threei} no billy
[08:59] {Threei} NVDA over 47 worth a try
[09:00] {BillyD} ok
[09:00] {BillyD} sheesh
[09:00] {BillyD} 1 print and passed
[09:00] {Threei} canceled offer... oh well
[09:02] {esemde} out GMKT .13 + .24
[09:02] {DaveG} stopped mdr
[09:03] {esemde} make that +.34
[09:03] {DaveG} the only losing trade, again, is the only one i post
[09:04] {DaveG} unreal
[09:06] {Threei} wtg ese
[09:07] {esemde} tks Vad...
[09:08] {dino} tbsi hl s .67, stop .93
[09:12] * Threei slaps LaserDave around a bit with a large trout
[09:13] {Threei} this guy won't answer my dcc for an hour... anyone in need of stress relief, feel free to slap him on my behalf
[09:14] * magoo slaps LaserDave around a bit with a large trout
[09:15] {Threei} thank you
[09:16] {dino} hl s faro .99, stop .27
[09:17] {dino} cov .57, +.42
[09:19] {dino} grrr
[09:24] {dino} tbsi bstop to .77, no likey
[09:31] * DaveG slaps magoo around a bit with a large trout
[09:32] {dino} tbsi stopped/slippage -.15
[09:33] {dino} rinse job
[09:38] {Roman} Looks like the positive commentary out of the IMB call is lifting the other lenders... CFC, LEND, FMT, NFI -Update-
[09:43] {Roman} LEND sqeezing
[09:43] {Roman} going in small
[09:47] {Roman} out , -02
[09:50] {DaveG} new tbsi his
[09:52] {dino} rsh stopped -.07
[10:07] {BillyD} AKAM may be a short on .20 break
[10:08] {BillyD} ss AKAM .19, .20
[10:16] {Roman} DYII
[10:17] {Roman} too low vol
[10:17] {esemde} signing off everyone.....have got some practising to do ...have a great rest of the day
[10:17] {BillyD} bye ese
[10:17] {Threei} take care ese
[10:26] {dino} s hl faro .90
[10:28] {BillyD} cov's some akam +.11
[10:31] {BillyD} some more +.16
[10:33] {dino} gj
[10:33] {BillyD} ty
[10:34] {Chaeron} everytime I come in Ese leaves... gettin' a complex.... :) Hi all, sorry I'm late
[10:34] {Threei} hey chaeron
[10:34] {Threei} yeah, he told me about that
[10:34] {Chaeron} heh
[10:34] {Threei} said, sheesh, I just can't stand this guy
[10:35] {Threei} sorry, but he comes I leave
[10:35] {BillyD} lol
[10:35] {Chaeron} man... I even tried showering
[10:35] {BillyD} nothing changed right Chaeron
[10:35] {Chaeron} heheh... never does BD
[10:35] {Threei} sorry... I am too old to change
[10:36] {Threei} and truth be told, I like it as it is
[10:36] {BillyD} was just going to post taht for you
[10:36] {Threei} :)
[10:37] {BillyD} stop to .06 arae akam
[10:37] {BillyD} want spike under 35
[10:41] {BillyD} stopped +.13
[10:42] {BillyD} now if stays under .11 area and breaks 35 I am short again
[10:47] {dino} faro bstop to b/e
[10:51] {dino} to .51
[10:52] {dino} stopped .62, +.28
[10:53] {BillyD} nice dino
[10:54] {dino} ty, slipped again
[11:04] {Threei} LEND
[11:04] {Threei} bounce scalp candidate
[11:04] {Threei} first sign of strength from here, small shares
[11:13] {lklarson} out lend +.14
[11:15] {BillyD} nice job ikl
[11:15] {lklarson} thx billy
[11:15] {dino} gj lkl
[11:15] {lklarson} thx dino
[11:15] {Threei} :)
[11:15] {lklarson} scary one:)
[11:16] {DaveG} i'm pretending i didn't have AHM short from 23 and covered at 13... (it's at $1.50)
[11:17] {lklarson} wow
[11:18] {DaveG} the guy i trade next to here at work...
[11:18] {DaveG} had 600 puts
[11:18] {lklarson} what news
[11:19] {DaveG} they are going bk
[11:19] {lklarson} ok, thx
[11:19] {dino} tbsi hl s .06
[11:20] {Threei} don't know about bankrupt but I just scalped it for 10 cents
[11:20] {magoo} out .28 lend, THANX vad
[11:20] {Threei} welcome :)
[11:20] {DaveG} wtg vad
[11:21] {magoo} diaper change, brb
[11:21] {DaveG} lol
[11:21] {lklarson} lol
[11:21] {Threei} magoo's expense structure is commissions plus cost of diapers
[11:22] {magoo} from my xperience, the cheaper huggies brand worx as well as more xpensive pampers
[11:23] {lklarson} out tbsi +.25 thx dino
[11:23] {Threei} lol
[11:23] {Threei} lkl is something
[11:23] {dino} gj lkl
[11:23] {Threei} sat somewhere in ths shadow enjoying quiet,
[11:24] {Threei} then popped up, grabbed some profits and went away
[11:24] {dino} he's good, thats what he is
[11:24] {lklarson} lol
[11:24] {Threei} that's my favorite style of trading
[11:24] {Threei} hit and run
[11:24] {dino} easiest, imo
[11:24] {lklarson} stealth trading:)
[11:25] {cosmo} i like high speed freeways
[11:25] {cosmo} easy lane changes
[11:25] {Threei} and you can always deep fry roadkill
[11:25] {cosmo} unless they're black with a with stripe
[11:25] {BillyD} yuck
[11:25] {cosmo} white
[11:26] {Threei} NOIZ?
[11:26] {magoo} real tech ech out there, goog, amzn, aapl, bidu
[11:26] {dino} cov tbsi .60, +.46
[11:27] {dino} i finally beat lkl on my own trade, :)
[11:27] {BillyD} lol
[11:29] {lklarson} nice:) congrats!
[11:31] {dino} ty
[11:32] {DaveG} mkt selling right off
[11:34] {dino} epax s hl .66
[11:41] {Roman} [09:37] {Roman} QQQQ possibly end rad today, just a comment
[11:41] {Roman} [09:38] {Roman} rad = red
[11:41] {DaveG} nice call man
[11:41] {Roman} i didn't make money on it tho
[11:41] {cosmo} rad call
[11:41] {DaveG} totally
[11:41] {Roman} it's easy to make the call but much harder to capitalize on it
[11:42] {Threei} that's helped easily Roman
[11:42] {Threei} send me all your money, call, I will push the button
[11:42] {dino} never know 'til you bet, livermoore
[11:46] {Roman} i was saying real estate is going to take a dump back in 05 but never actually made any investments to capitalize on the FEEL
[11:46] {cosmo} maybe now you can, R
[11:46] {Roman} too late
[11:47] {cosmo} nah
[11:47] {cosmo} step right up
[11:47] {Roman} and do what?
[11:48] {Roman} buy sell short?
[11:48] {Roman} freaking lenders was a give away
[11:48] * magoo slaps Roman around a bit with a large trout
[11:48] {cosmo} oh...lenders
[11:49] {Roman} here in Miami , Russian flippers were buying 1 million Condo with no money down , no income
[11:49] {cosmo} i was thinking a fixer upper
[11:49] {Roman} should've seen this coming
[11:49] {dino} bgt two in sunset beach, doubled
[11:49] {Roman} my ass
[11:50] {cosmo} .... at a higher elevation
[11:50] {Roman} did double
[11:50] {Roman} by eating cake but not that condo
[11:50] {dino} yes, they did
[11:50] {Roman} yeah, sure we had lot's of place tripple and more since 2002
[11:51] {Roman} but nothing doouble since after hurricane Wilma
[11:51] {dino} 100k and 150k '03, now going for 230k eac.
[11:52] {Roman} ok u win
[11:52] {Roman} buying all the condos that are on sale now
[11:52] {dino} good idea imo
[11:53] {magoo} just kickin shit out of aapl here
[11:53] {BillyD} agree...if someone has some patient money
[11:53] {Roman} flip that thing magoo
[11:53] {dino} bgt house last month, refused offer for 30k, last week
[11:53] {Roman} and flip it good
[11:53] {DaveG} flip it real good
[11:53] {magoo} appx 10 times already short
[11:53] {magoo} ask dino
[11:53] {dino} he is
[11:54] {Roman} i hear u ,
[11:54] {Roman} too wild for me that AAPL, i am in low stress mode now
[11:54] {cosmo} buy a REIT?
[11:55] {dino} no
[11:55] {cosmo} k
[11:55] {cosmo} low stress tho
[11:55] {dino} wheres the fun?
[11:55] {Roman} dude, the only thing will bail real estate now if dollar continues to make all time lows
[11:55] {Roman} if dollar bounces , prices won't go higher till late 2008
[11:56] {cosmo} so...its a headge against inflation
[11:56] {Roman} China & Russia buying got lot's of available $$$ and they are buying here...IMO
[11:56] {DaveG} yup
[11:56] {DaveG} cramer was talking about just that very thing last night
[11:57] {DaveG} as a possible scenario
[11:57] {dino} rates will drop by dec., imo. no matter....i've been buying/selling for 15 years
[11:58] {magoo} is this a real estate room or a god dam trading room...........
[11:58] {Roman} we'll people who been doing it professionally (real estate investments) will continue to make $$$, it's all the freaking new people who created this frenzy are getting heart
[11:58] {dino} agree, and there are some nice buys coming
[11:59] {Roman} Floor Talk: Afternoon sell-off
[11:59] {Roman} Some very interesting action in the market. About an hour ago when AHM -- one of the smaller lenders -- first announced it will try to liquidate its assets, we saw four things happen:
[11:59] {Roman} 1) the higher quality lenders such as CFC and WM initially held up well, likely on the theory that they would survive and eventually benefit from the weaker lenders going under (those two have since sold off to session lows);
[11:59] {Roman} 2) the big brokers rolled over, as they have whenever there has been negative news regarding the lenders;
[11:59] {Roman} 3) the second- and third-tier mortgage-related names got smoked, probably as investors thought any number of co's in the latter group could be next to liquidate; and
[12:00] {Roman} 4) it took a full hour for the broad market averages to figure out where they stood on the AHM debacle, as the market essentially chopped around from 1:15 to 2:15 or so...
[12:00] {dino} epax bstop is .86 if anyone took it
[12:02] {dino} stopped -.23
[12:06] {dino} face
[12:07] {dino} hl s .10
[12:17] {dptl} have a good evening all see ya tomorrow.......:)
[12:17] {Threei} take care dp
[12:18] {Threei} and hey,
[12:18] {Threei} wipe that smirk off your face before magoo's trout did that for you
[12:18] * BillyD slaps dptl around a bit with a large trout
[12:18] {dptl} lol
[12:18] {Threei} lol
[12:19] {BillyD} dp gonna have to leave quitely
[12:19] * magoo slaps dptl around a bit with a large trout
[12:19] {dino} cya dp
[12:19] {dptl} see ya
[12:19] {lklarson} take care dp
[12:29] {Chaeron} I gotta go too gang... betcha I can leave faster than you can trout... see y'all manana
[12:30] {DaveG} lol
[12:30] {DaveG} he was right :)
[12:30] {dino} face stopped .97, +.13
[12:30] {BillyD} yeah..I tried dave
[12:32] {dino} lol
[12:37] {dino} hl s tbsi .60
[12:37] {BillyD} your atm today
[12:39] {dino} ugh, tried to cov .25, 7 sh filled
[12:40] {BillyD} it gets thin fast
[12:41] {dino} y
[12:54] {dino} tbsi bstop to .56
[12:54] {dino} stopped
[12:54] {dino} basically flat, thats it for me
[12:54] {Threei} same
[12:54] {Threei} thank you all
[12:54] {magoo} never seen AAPL like this
[12:55] {Threei} nice day, much better than yesterday
[12:55] {lklarson} take care vad
[12:55] {Threei} have a good evening, see you tomorrow
[12:55] {BillyD} c everyone tomorrow
[12:55] {magoo} bye vad thanx
[12:56] {dino} ty alland now it drops again
[12:56] {dino} take care all, overall decent day
[12:57] {lklarson} take care dino
[12:57] {dino} ty bud, you too
[13:03] {lklarson} take care all
Session Time: Tue Jul 31 00:00:00 2007
[05:32] {magoo} morning rt
[05:32] {DaveG} morning
[05:32] {BillyD} morning
[05:37] {magoo} billy, u laser retail?
[05:58] {dino} gm all
[05:58] {cosmo} GM bests est
[05:58] {cosmo} beats
[05:59] {cosmo} oops....wrong gm
[05:59] {dino} maybe it is the best cosmo, :)
[06:00] {cosmo} yea
[06:02] {dino} ok, messing w/karma, new coofee mug
[06:03] {dino} coffee
[06:03] {Threei} good morning good people
[06:03] {markweb} gm all
[06:03] {Threei} or is it peoples?
[06:03] {Threei} mark :)
[06:03] {markweb} :)
[06:04] {Threei} oh, I know... it's piplz
[06:04] {magoo} morn vad
[06:04] {Threei} magoo :)
[06:05] {cosmo} mf = morning folks fwiw
[06:05] {DaveG} sup bro
[06:05] {Threei} hmmm... that's borderline risky, cosmo
[06:05] {Threei} hey Dave
[06:05] {cosmo} it is?
[06:06] * magoo slaps DaveG around a bit with a large trout
[06:06] {cosmo} uh oh... wud i say?
[06:07] {cosmo} ONNN pre mkt high = 11.90 (spike)
[06:10] {Raven} good moe foe ?
[06:10] {cosmo} careful
[06:10] * Raven slaps DaveG around a bit with a large trout
[06:10] {Raven} k
[06:10] {cosmo} :)
[06:11] {cosmo} SIMO
[06:14] {DaveG} sigh
[06:14] {cosmo} hmm...37c vs 32c est
[06:15] {magoo} DJ spike
[06:16] {Threei} watcning TASR
[06:16] {Threei} and ACTU
[06:21] {cosmo} SIRF's up
[06:21] {cosmo} 7%
[06:21] {DaveG} dood
[06:22] {cosmo} SIRF with INTC....
[06:22] {BillyD} magoo....no to Laserretail
[06:22] {BillyD} been away from desk
[06:23] {cosmo} SIRF: ...signed a license and joint development agreement with Intel (INTC) certain future product platforms to help location and wireless connectivity become more mainstream...
[06:26] {cosmo} SUNW might rise
[06:26] {cosmo} .43 hod ..so far
[06:26] {BillyD} any news on BAC and gap up?
[06:27] {BillyD} can't find any here
[06:27] {DaveG} was a cramer last night
[06:28] {BillyD} thx dave
[06:28] {dptl} good morning all
[06:28] {Threei} dp :)
[06:28] {Threei} TASR news ot just because?
[06:28] {Threei} or
[06:29] {DaveG} was a cramer last night
[06:29] {Threei} ty
[06:29] {DaveG} no, im kidding, i have no idea
[06:29] * Threei slaps DaveG around a bit with a large trout
[06:29] {DaveG} but bac was :)
[06:30] {cosmo} ONNN tests
[06:30] {cosmo} .90
[06:30] {dino} 5.5% div holding it up
[06:30] {DaveG} tasr was on cnbc this morning
[06:30] {Threei} 16 is an interesting point... but pullback first would be much nicer
[06:31] {Roman} EEEI Electro Energy Awarded Contract for Military Aircraft Batteries (1.32 +0.10)
[06:32] {magoo} NVDA vad
[06:33] {Threei} TASR 16.05 long if stays above 15.90
[06:34] {Threei} NVDA, I am conflicted about this one here...
[06:34] {Threei} chart is great... but such gap these days is very likely to wilt and die
[06:35] {magoo} can short
[06:36] {Threei} but charts is great... :)
[06:36] {magoo} any read aapl today
[06:37] {Threei} no futures data, don't want to touch this one without seeing full picture
[06:37] {Threei} NVDA starts looking like bounce scalp
[06:37] {Threei} ugh... late
[06:37] {Roman} QQQQ possibly end rad today, just a comment
[06:38] {Roman} rad = red
[06:39] {DaveG} out remainder cf +6 or something
[06:40] {Threei} CLWR news?
[06:41] {Roman} nope
[06:41] {Roman} Keep in mind that Synchronoss has an opportunity to expand its business with its marquee customers like Clearwire (Nasdaq: CLWR),
[06:41] {Roman} just a mention
[06:43] {Roman} PAAS interesting chart, a bit weird
[06:44] {Roman} BDCO again
[06:44] {Threei} NVDA half lot long .45
[06:44] {Threei} stop .19
[06:45] {Threei} CLWR bounce candidate here
[06:45] {Threei} small shares
[06:45] {Threei} 31.01 trigger
[06:46] {Roman} SWHC sqeezer
[06:46] {Roman} long small
[06:47] {Threei} if CLWR loses .80, look rather for bounce off 30.50
[06:48] {dino} gkk s .08, stop .31
[06:49] {Roman} out 1/2 SWHC +.16
[06:51] {Roman} not sure
[06:51] {Roman} sorry wrong window
[06:54] {BillyD} Vad...AKAM short at 36 area
[06:55] {Threei} I think so
[06:55] {BillyD} if stays under .20
[06:55] {Threei} let's see where the resistance is
[06:55] {Threei} for now, yes
[06:56] {BillyD} it seems when mkt gonna breakdown a bounce comes in
[06:56] {Threei} may form lower one while consolidating
[07:00] {Threei} NVDA
[07:00] {Roman} numbers
[07:00] {Threei} trying and trying
[07:00] {Threei} very nice offer at .45 to serve as indicator
[07:01] {magoo} full lot?
[07:01] {Threei} stop under .25
[07:02] {Threei} slippage is about 3-5 cents worst case scenario on this one
[07:02] {dino} gkk stopped
[07:02] {Threei} munch munch munch
[07:03] {Threei} chewed through
[07:04] {Threei} paused as if it couldn't believe itself
[07:04] {Threei} 1:1
[07:04] {BillyD} out thx Vad
[07:04] {Threei} welcome
[07:04] {Threei} me out half
[07:05] {magoo} nice vad, ty
[07:05] {Threei} :)
[07:05] {Threei} out in full
[07:05] {Threei} got .68 on first half and .89 on second
[07:06] {Threei} will do math over weekend, too big brain load
[07:06] {Threei} AKAM triggered
[07:06] {Threei} if missed let it bounce
[07:06] {Threei} stop is still above .20
[07:07] {Threei} so let's not widen it by chasing
[07:08] {Roman} IPII
[07:08] {Roman} could get attention with tropical strorm in atlantic
[07:08] {Roman} very thin
[07:08] {Threei} what does it do storms wise?
[07:09] {Roman} SIGM
[07:09] {Roman} szeezable
[07:09] {Roman} Imperial Industries, Inc., through its subsidiaries, engages in the manufacture, marketing, and distribution of building materials primarily in Florida, Mississippi, Georgia, Alabama, and in the southeastern United States.
[07:09] {Threei} oh
[07:10] {magoo} vad, is there a second play on nvda?
[07:10] {Roman} they benefit with housing damage , roofs , etc
[07:10] {Threei} it's a tempting chart off .50
[07:10] {Threei} but not seeing futs I have troubles with it
[07:10] {Threei} first break was much easier read thanks to that offer
[07:11] {Threei} AKAM, if loses .90 from here trail stop to 36.11
[07:12] {Threei} good boy
[07:14] {dino} risky hl s . tbsi .87
[07:17] {dino} s rsh .20
[07:17] {dino} cov tbsi .20, +.67
[07:18] {Threei} AKAM over 1:1
[07:19] {Threei} ummm 1:1 and half
[07:19] {Threei} there... my math is not that bad
[07:20] {dino} hmmm
[07:20] {dino} tough crowd
[07:20] {Threei} no kidding dino
[07:20] {Threei} let's go to cruise
[07:20] {Threei} and trade from the ship
[07:20] {Roman} NVAX Novavax Begins Human Clinical Testing of Novel Pandemic Flu Vaccine (2.87 +0.13)
[07:21] {dino} indeed, tell me when
[07:24] {esemde} gm all....am late but have been watching.......didn't want to didturb you in that first hour
[07:25] {magoo} AAPL
[07:25] {Threei} hi ese
[07:25] {esemde} gm Vad
[07:25] {Threei} sheesh... where is sir Newton
[07:26] {Threei} AAPL is looking for him
[07:27] {dino} gm ese
[07:28] {esemde} morning didno
[07:28] {esemde} dino that is
[07:28] {Threei} that's it dino, I can stand just so much underappreciation... this coming Friday, Holland America Lines, Golden Princess, boarding in Victoria, going to Alaska
[07:28] {Threei} AKAM 1:2
[07:29] {esemde} are you going on a cruise Vad
[07:29] {dino} i'm in, i feel like rodney dangerfield, no respect
[07:30] {Threei} qwhat else can I do, noone takes my calls or appreciates my best jokes
[07:30] {Threei} (granted, my best jokes are still very lousy... but that's not the point)
[07:30] {BillyD} well...I got greedy on AKAM and wanted to short in a bounce over 31 and it never did...so missed
[07:31] {BillyD} as I missed the original breakdown
[07:31] {BillyD} next
[07:31] {Threei} but then .90 would have worked as conservative entry
[07:31] {magoo} news AAPL
[07:31] {Threei} with stop above 36
[07:31] {BillyD} yes...thought about it but took clwr short at .86 to .62 area
[07:32] {Threei} ah, OK then... it was not wasted time :)
[07:32] {BillyD} as it just seemed as though not much chasing
[07:32] {Threei} AAPL discovers gravity
[07:32] {BillyD} no but hate to miss one been watching
[07:32] {dino} gj billy
[07:32] {BillyD} thx dino
[07:33] {dino} vsea spikeroni
[07:34] {dino} and again
[07:40] {Roman} JASO short watch
[07:46] {BillyD} watching NVDA for possible bounce
[07:46] {BillyD} doesn't seem ready yet
[07:47] {dino} tbsi hl s .01
[07:48] {BillyD} was thinking same thing
[07:48] {Threei} ready to cover AKAM in full on either break under .50 or avbove .54
[07:49] {BillyD} ss TBSI 38
[07:50] {Threei} done with AKAM +.55
[07:51] {Threei} wow
[07:51] {Threei} lol, even that was too soon
[07:52] {dino} nuro
[07:52] {BillyD} cov'd 1/2 tbsi +.18
[07:52] {dino} where you covering billy?
[07:53] {BillyD} it's at last support her
[07:53] {dino} ok
[07:53] {Threei} good job TBSI guys
[07:53] {dino} mkt dropping fast
[07:53] {BillyD} looking for spike down on rest
[07:54] {dino} tear down that .80
[07:54] {BillyD} yup
[07:54] {BillyD} trying rest .61
[07:54] {DaveG} this is nice not having an uptick
[07:54] {DaveG} not needing one i mean
[07:54] {dino} y
[07:55] {dino} bstop is .cov, blew thru bstop, ave .80, +.21
[07:58] {Threei} NURO news?
[07:58] {dino} faro
[07:59] {DaveG} babe alert
[08:00] {DaveG} oops, wrong room
[08:02] {dino} lol
[08:07] {Threei} just out of sheer curiosity... how often do we see stocks like TMWD shortable? :)
[08:08] {BillyD} cov'd rest of TBSI -.37...got away from me....very small shares
[08:09] {dino} i like the hard stops
[08:09] {dino} even w/the slippage
[08:09] {esemde} not often Vad
[08:10] {esemde} don't SEC rules disallow shorting below a certain level..
[08:10] {BillyD} agree dino....didn't know the true personality of the stock...was trying to get out on pb but too thin
[08:10] {Threei} too bad volume is not there... chart looks like total disintegration
[08:10] {Threei} no, not really
[08:10] {Threei} it's a complicated issue,
[08:10] {Threei} tied into marginability and broker's inventory
[08:11] {Threei} basically, if a broker has inventory for a stock and it's marginable by this particular broker, it can be shorted
[08:11] {dino} its your brokers call ese
[08:11] {BillyD} it's all about liability
[08:11] {esemde} when I read the company name ...I thought for a second it said Elton John's "Tumbleweed Connection"...I have that album
[08:12] {dino} stay w/us ese, about 5 hours to go
[08:13] {esemde} ya......am shaking my head now.......
[08:15] {dino} hmmm tbsi hmmm
[08:18] {dino} stalking tbsi, faro, vsea
[08:23] {dino} rrst blood
[08:25] {esemde} buy stop GMKT 21.76...with a little help from NQ
[08:29] {esemde} long GMKT .79 crapy fill
[08:29] {Threei} there were no offers at your price... I'd say for this thin stock 3 cents above is a good fill
[08:30] {BillyD} HOKU short oppty for scalp here
[08:30] {BillyD} Vad..any thoughts HOKU...it is slow
[08:30] {esemde} only 100 shs .....being cautious...building up confidence
[08:30] {BillyD} break of .85
[08:31] {Threei} good way to do it ese
[08:31] {Threei} Billy, I like the idea chart wise
[08:31] {BillyD} gj ese
[08:31] {Threei} but I hate the way it trades at the time being
[08:31] {BillyD} yeah...it's just the HOKU factor
[08:31] {BillyD} lol
[08:32] {Threei} see, it's always volatile, but when it has volume and momo, it at least provides some continuity to the movenets
[08:32] {Threei} movements
[08:32] {Threei} in this letargy state it can just teleport on you
[08:32] {Threei} doeasn't mean it's totally untradable,
[08:32] {BillyD} yeah...one penny at a time or random spike
[08:33] {Threei} if you get feel for it and control shares, it's doable
[08:33] {BillyD} be a dime stop
[08:33] {Threei} anyone remembers the name Felderhof?
[08:34] {Threei} Bre-X scandal
[08:34] {Threei} just got acquitted by court in inside trading accusations
[08:34] {BillyD} now he has to worry about assassins
[08:35] {Threei} lol
[08:35] {Threei} meanwhile, speculations run wild about de Gusman
[08:35] {BillyD} or helicoptors hovering above him wanting to give him a ride
[08:35] {Threei} did he really fall off that chopper or he is enjoying life somewhere on exotic beaches with new face
[08:37] {esemde} read the globe and mail story yesterday...she maintains that he was thrown off by indonessian secret service
[08:37] {Threei} that's third theory
[08:39] {dino} i think "they" did it
[08:41] {BillyD} they did do it right
[08:41] {esemde} "they".... now thats speculation if I ever heard it.....
[08:41] {BillyD} conspiracy
[08:47] {BillyD} mkt is narrowing its range
[08:57] {BillyD} vad...you have NQ quotes yet
[08:57] {DaveG} short mdr 83.81
[08:58] {BillyD} thinking NVDA .01 w/ uptick in NDX
[08:59] {Threei} no billy
[08:59] {Threei} NVDA over 47 worth a try
[09:00] {BillyD} ok
[09:00] {BillyD} sheesh
[09:00] {BillyD} 1 print and passed
[09:00] {Threei} canceled offer... oh well
[09:02] {esemde} out GMKT .13 + .24
[09:02] {DaveG} stopped mdr
[09:03] {esemde} make that +.34
[09:03] {DaveG} the only losing trade, again, is the only one i post
[09:04] {DaveG} unreal
[09:06] {Threei} wtg ese
[09:07] {esemde} tks Vad...
[09:08] {dino} tbsi hl s .67, stop .93
[09:12] * Threei slaps LaserDave around a bit with a large trout
[09:13] {Threei} this guy won't answer my dcc for an hour... anyone in need of stress relief, feel free to slap him on my behalf
[09:14] * magoo slaps LaserDave around a bit with a large trout
[09:15] {Threei} thank you
[09:16] {dino} hl s faro .99, stop .27
[09:17] {dino} cov .57, +.42
[09:19] {dino} grrr
[09:24] {dino} tbsi bstop to .77, no likey
[09:31] * DaveG slaps magoo around a bit with a large trout
[09:32] {dino} tbsi stopped/slippage -.15
[09:33] {dino} rinse job
[09:38] {Roman} Looks like the positive commentary out of the IMB call is lifting the other lenders... CFC, LEND, FMT, NFI -Update-
[09:43] {Roman} LEND sqeezing
[09:43] {Roman} going in small
[09:47] {Roman} out , -02
[09:50] {DaveG} new tbsi his
[09:52] {dino} rsh stopped -.07
[10:07] {BillyD} AKAM may be a short on .20 break
[10:08] {BillyD} ss AKAM .19, .20
[10:16] {Roman} DYII
[10:17] {Roman} too low vol
[10:17] {esemde} signing off everyone.....have got some practising to do ...have a great rest of the day
[10:17] {BillyD} bye ese
[10:17] {Threei} take care ese
[10:26] {dino} s hl faro .90
[10:28] {BillyD} cov's some akam +.11
[10:31] {BillyD} some more +.16
[10:33] {dino} gj
[10:33] {BillyD} ty
[10:34] {Chaeron} everytime I come in Ese leaves... gettin' a complex.... :) Hi all, sorry I'm late
[10:34] {Threei} hey chaeron
[10:34] {Threei} yeah, he told me about that
[10:34] {Chaeron} heh
[10:34] {Threei} said, sheesh, I just can't stand this guy
[10:35] {Threei} sorry, but he comes I leave
[10:35] {BillyD} lol
[10:35] {Chaeron} man... I even tried showering
[10:35] {BillyD} nothing changed right Chaeron
[10:35] {Chaeron} heheh... never does BD
[10:35] {Threei} sorry... I am too old to change
[10:36] {Threei} and truth be told, I like it as it is
[10:36] {BillyD} was just going to post taht for you
[10:36] {Threei} :)
[10:37] {BillyD} stop to .06 arae akam
[10:37] {BillyD} want spike under 35
[10:41] {BillyD} stopped +.13
[10:42] {BillyD} now if stays under .11 area and breaks 35 I am short again
[10:47] {dino} faro bstop to b/e
[10:51] {dino} to .51
[10:52] {dino} stopped .62, +.28
[10:53] {BillyD} nice dino
[10:54] {dino} ty, slipped again
[11:04] {Threei} LEND
[11:04] {Threei} bounce scalp candidate
[11:04] {Threei} first sign of strength from here, small shares
[11:13] {lklarson} out lend +.14
[11:15] {BillyD} nice job ikl
[11:15] {lklarson} thx billy
[11:15] {dino} gj lkl
[11:15] {lklarson} thx dino
[11:15] {Threei} :)
[11:15] {lklarson} scary one:)
[11:16] {DaveG} i'm pretending i didn't have AHM short from 23 and covered at 13... (it's at $1.50)
[11:17] {lklarson} wow
[11:18] {DaveG} the guy i trade next to here at work...
[11:18] {DaveG} had 600 puts
[11:18] {lklarson} what news
[11:19] {DaveG} they are going bk
[11:19] {lklarson} ok, thx
[11:19] {dino} tbsi hl s .06
[11:20] {Threei} don't know about bankrupt but I just scalped it for 10 cents
[11:20] {magoo} out .28 lend, THANX vad
[11:20] {Threei} welcome :)
[11:20] {DaveG} wtg vad
[11:21] {magoo} diaper change, brb
[11:21] {DaveG} lol
[11:21] {lklarson} lol
[11:21] {Threei} magoo's expense structure is commissions plus cost of diapers
[11:22] {magoo} from my xperience, the cheaper huggies brand worx as well as more xpensive pampers
[11:23] {lklarson} out tbsi +.25 thx dino
[11:23] {Threei} lol
[11:23] {Threei} lkl is something
[11:23] {dino} gj lkl
[11:23] {Threei} sat somewhere in ths shadow enjoying quiet,
[11:24] {Threei} then popped up, grabbed some profits and went away
[11:24] {dino} he's good, thats what he is
[11:24] {lklarson} lol
[11:24] {Threei} that's my favorite style of trading
[11:24] {Threei} hit and run
[11:24] {dino} easiest, imo
[11:24] {lklarson} stealth trading:)
[11:25] {cosmo} i like high speed freeways
[11:25] {cosmo} easy lane changes
[11:25] {Threei} and you can always deep fry roadkill
[11:25] {cosmo} unless they're black with a with stripe
[11:25] {BillyD} yuck
[11:25] {cosmo} white
[11:26] {Threei} NOIZ?
[11:26] {magoo} real tech ech out there, goog, amzn, aapl, bidu
[11:26] {dino} cov tbsi .60, +.46
[11:27] {dino} i finally beat lkl on my own trade, :)
[11:27] {BillyD} lol
[11:29] {lklarson} nice:) congrats!
[11:31] {dino} ty
[11:32] {DaveG} mkt selling right off
[11:34] {dino} epax s hl .66
[11:41] {Roman} [09:37] {Roman} QQQQ possibly end rad today, just a comment
[11:41] {Roman} [09:38] {Roman} rad = red
[11:41] {DaveG} nice call man
[11:41] {Roman} i didn't make money on it tho
[11:41] {cosmo} rad call
[11:41] {DaveG} totally
[11:41] {Roman} it's easy to make the call but much harder to capitalize on it
[11:42] {Threei} that's helped easily Roman
[11:42] {Threei} send me all your money, call, I will push the button
[11:42] {dino} never know 'til you bet, livermoore
[11:46] {Roman} i was saying real estate is going to take a dump back in 05 but never actually made any investments to capitalize on the FEEL
[11:46] {cosmo} maybe now you can, R
[11:46] {Roman} too late
[11:47] {cosmo} nah
[11:47] {cosmo} step right up
[11:47] {Roman} and do what?
[11:48] {Roman} buy sell short?
[11:48] {Roman} freaking lenders was a give away
[11:48] * magoo slaps Roman around a bit with a large trout
[11:48] {cosmo} oh...lenders
[11:49] {Roman} here in Miami , Russian flippers were buying 1 million Condo with no money down , no income
[11:49] {cosmo} i was thinking a fixer upper
[11:49] {Roman} should've seen this coming
[11:49] {dino} bgt two in sunset beach, doubled
[11:49] {Roman} my ass
[11:50] {cosmo} .... at a higher elevation
[11:50] {Roman} did double
[11:50] {Roman} by eating cake but not that condo
[11:50] {dino} yes, they did
[11:50] {Roman} yeah, sure we had lot's of place tripple and more since 2002
[11:51] {Roman} but nothing doouble since after hurricane Wilma
[11:51] {dino} 100k and 150k '03, now going for 230k eac.
[11:52] {Roman} ok u win
[11:52] {Roman} buying all the condos that are on sale now
[11:52] {dino} good idea imo
[11:53] {magoo} just kickin shit out of aapl here
[11:53] {BillyD} agree...if someone has some patient money
[11:53] {Roman} flip that thing magoo
[11:53] {dino} bgt house last month, refused offer for 30k, last week
[11:53] {Roman} and flip it good
[11:53] {DaveG} flip it real good
[11:53] {magoo} appx 10 times already short
[11:53] {magoo} ask dino
[11:53] {dino} he is
[11:54] {Roman} i hear u ,
[11:54] {Roman} too wild for me that AAPL, i am in low stress mode now
[11:54] {cosmo} buy a REIT?
[11:55] {dino} no
[11:55] {cosmo} k
[11:55] {cosmo} low stress tho
[11:55] {dino} wheres the fun?
[11:55] {Roman} dude, the only thing will bail real estate now if dollar continues to make all time lows
[11:55] {Roman} if dollar bounces , prices won't go higher till late 2008
[11:56] {cosmo} so...its a headge against inflation
[11:56] {Roman} China & Russia buying got lot's of available $$$ and they are buying here...IMO
[11:56] {DaveG} yup
[11:56] {DaveG} cramer was talking about just that very thing last night
[11:57] {DaveG} as a possible scenario
[11:57] {dino} rates will drop by dec., imo. no matter....i've been buying/selling for 15 years
[11:58] {magoo} is this a real estate room or a god dam trading room...........
[11:58] {Roman} we'll people who been doing it professionally (real estate investments) will continue to make $$$, it's all the freaking new people who created this frenzy are getting heart
[11:58] {dino} agree, and there are some nice buys coming
[11:59] {Roman} Floor Talk: Afternoon sell-off
[11:59] {Roman} Some very interesting action in the market. About an hour ago when AHM -- one of the smaller lenders -- first announced it will try to liquidate its assets, we saw four things happen:
[11:59] {Roman} 1) the higher quality lenders such as CFC and WM initially held up well, likely on the theory that they would survive and eventually benefit from the weaker lenders going under (those two have since sold off to session lows);
[11:59] {Roman} 2) the big brokers rolled over, as they have whenever there has been negative news regarding the lenders;
[11:59] {Roman} 3) the second- and third-tier mortgage-related names got smoked, probably as investors thought any number of co's in the latter group could be next to liquidate; and
[12:00] {Roman} 4) it took a full hour for the broad market averages to figure out where they stood on the AHM debacle, as the market essentially chopped around from 1:15 to 2:15 or so...
[12:00] {dino} epax bstop is .86 if anyone took it
[12:02] {dino} stopped -.23
[12:06] {dino} face
[12:07] {dino} hl s .10
[12:17] {dptl} have a good evening all see ya tomorrow.......:)
[12:17] {Threei} take care dp
[12:18] {Threei} and hey,
[12:18] {Threei} wipe that smirk off your face before magoo's trout did that for you
[12:18] * BillyD slaps dptl around a bit with a large trout
[12:18] {dptl} lol
[12:18] {Threei} lol
[12:19] {BillyD} dp gonna have to leave quitely
[12:19] * magoo slaps dptl around a bit with a large trout
[12:19] {dino} cya dp
[12:19] {dptl} see ya
[12:19] {lklarson} take care dp
[12:29] {Chaeron} I gotta go too gang... betcha I can leave faster than you can trout... see y'all manana
[12:30] {DaveG} lol
[12:30] {DaveG} he was right :)
[12:30] {dino} face stopped .97, +.13
[12:30] {BillyD} yeah..I tried dave
[12:32] {dino} lol
[12:37] {dino} hl s tbsi .60
[12:37] {BillyD} your atm today
[12:39] {dino} ugh, tried to cov .25, 7 sh filled
[12:40] {BillyD} it gets thin fast
[12:41] {dino} y
[12:54] {dino} tbsi bstop to .56
[12:54] {dino} stopped
[12:54] {dino} basically flat, thats it for me
[12:54] {Threei} same
[12:54] {Threei} thank you all
[12:54] {magoo} never seen AAPL like this
[12:55] {Threei} nice day, much better than yesterday
[12:55] {lklarson} take care vad
[12:55] {Threei} have a good evening, see you tomorrow
[12:55] {BillyD} c everyone tomorrow
[12:55] {magoo} bye vad thanx
[12:56] {dino} ty alland now it drops again
[12:56] {dino} take care all, overall decent day
[12:57] {lklarson} take care dino
[12:57] {dino} ty bud, you too
[13:03] {lklarson} take care all