January 9, 2008
Session Time: Wed Jan 09 00:00:00 2008
[08:29] {Threei}Good morning people
[08:30] {hawkfan4} good morning Vad :)
[08:31] {Threei}hawk :)
[08:31] {Threei}wow.. ETFC back from dead or what
[08:32] {hawkfan4} wow, don't see news
[08:33] {hawkfan4} oh wait, there is news
[08:33] {Threei}06:00am [ETFC] Establishes special committee to reduce risk in real estate portfolios
[08:33] {Threei}{shrug}
[08:33] {hawkfan4} 09-Jan-08 06:15 ET In Play E*TRADE reports initial progress of turnaround plan; says sold additional $3.0 bln of mortgage-backed securities and bonds (2.25 ) :
[08:38] {BillyD} morning vad, hawk
[08:38] {hawkfan4} morning billy
[08:38] {Threei}Billy :)
[08:38] {magoo} mornink comrades
[08:39] {Threei}magmeister
[08:40] {magoo} while watching ISIS today..lets remember it can be shorted
[08:41] {magoo} although..who knows?
[08:41] {magoo} prxi cut in half
[08:42] {Threei}yeah... you know how hesitant I am to short first day runners
[08:43] {magoo} yup
[08:43] {Threei}when they become old news and run out of gas, sure
[08:43] {Threei}too often we see them defying all the common sense and gravity on a first day
[08:51] {Threei}NASDAQ is down 8 days with 0ne up day inbetween, and even that was up bu what, 3 points NQ
[08:52] {dptl} good morning all
[08:52] {Threei}dp :)
[08:52] {magoo} dp:)
[09:00] {Threei}so far I don't see "hero of the day"
[09:00] {cosmo} QLGC?
[09:01] {Threei}06:15am [QLGC] Update: Guides Q4 EPS $0.27-0.28 v $0.24e, R $155-157M v $149.7Me
[09:01] {cosmo} .. who knows
[09:02] {Threei}BELM
[09:02] {Threei}ANNOUNCES RECORD QUARTERLY AND 2007 ANNUAL REVENUE
[09:02] {Threei}GUIDES Q4 R$1.08-1.1B V 1.01BE
[09:04] {Threei}son's report from Singapore:
[09:04] {Threei}people actually drive in their designated lanes.
[09:04] {Threei}after everywhere we've been, that's somehow creepy
[09:05] {cosmo} they 'cane' bad drivers maybe
[09:05] {cosmo} kane?
[09:06] {Threei}trout?
[09:07] {Threei}I don't see news DNDN
[09:09] {Threei}6.18 premarket high
[09:12] {esemde} good morning rt's
[09:12] {Threei}ese :)
[09:13] {esemde} morning Vad
[09:14] {cosmo} QLGC 14.50 resistance
[09:14] {cosmo} ETFC
[09:14] {Threei}this big offer at 5.99 on DNDN can be of help
[09:15] {cosmo} 2.65 pre mkt high ....etfc
[09:15] {Threei}if it opens between 5.90 and 6, then takes out this offer will be long
[09:16] {Threei}TASR's IQ is questioned
[09:16] {Threei}STINGER SYSTEMS ASKS FOR RE-EXAMINATION OF CO. INTELLECTUAL PROPERTY
[09:16] {dino} gm all
[09:16] {Threei}dino :)
[09:18] {Threei}anyone missed feds speeches lately?
[09:18] {Threei}PREVIEW: ST. LOUIS FED PRES. POOLE SCHEDULED TO SPEAK ABOUT SUBPRIME MORTGAGES AND FINANCIAL EDUCATION AT 9:30AMET
- There will be a prepared text and Q&A with the audience and the media.
[09:18] {Threei}- reminder: in his last public comments, on Nov 30, Poole said:
[09:18] {Threei}- Economy should not suffer to punish speculators; Fed Members must be ready to act contrary to Market expectations
[09:18] {dino} prxi, beats, drops, cfo resigns, hmmm
[09:18] {lumdus} morning all.
[09:18] {lumdus} 3i dcc
[09:18] {Threei}- Stable economy provides no guarantee that businesses, households protected from failure, policy should not be seen as bailing out markets
[09:18] {Threei}- Says responsibility to alleviate market, says when further rate cuts would ease financial turmoil, always approporiate for Fed to discuss, notes it is 'just not true' that Fed eases policy systematically when stock market drops, 1987 the exception
[09:18] {Threei}- Notes policy actions not to prevent losses from subprime but to restore market processes and normal functioning financial markets are crucial to economic growth,
[09:18] {Threei}- Says stock prices may be cushioned as a byproduct of policy
[09:20] {esemde} ya......thats what i was gonna say......
[09:23] {Threei}they get cushioned last couple weeks alright
[09:24] {Threei}smothered is more like it but I guess it's just a matter of wording
[09:29] {esemde} should be some bounce plays in solar CSIQ for one...
[09:32] {Threei}SEED
[09:32] {dino} risky, l meli .60
[09:33] {BillyD} volumes light
[09:33] {BillyD} overall
[09:33] {bruce} apol dino
[09:34] {dino} watching, pretty big beat last night
[09:35] {Threei}mags... ISIS is not shirtable anymore
[09:35] {magoo} what about "shOrtable?"
[09:36] {dino} fslr
[09:36] {bruce} meli stop dino?
[09:36] {BillyD} that sometimes happens Vad....in premkt it is and then it isn't
[09:36] {magoo} well..do the broker actually have to have it in inventory to short?
[09:37] {Threei}yes
[09:37] {cosmo} prxi
[09:37] {magoo} whats a "naked short"?not inventory
[09:37] {Threei}yes
[09:37] {magoo} man, continued pain in BIDU
[09:38] {Threei}CSIQ half lot long
[09:38] {BillyD} entry?
[09:38] {Threei}stop under 24.90
[09:39] {bruce} out meli + .40
[09:39] {Threei}don't chase above .20
[09:39] {Threei}was right then and there
[09:40] {Threei}anyone got it so I know whether to monitor and comment?
[09:40] {magoo} i missed
[09:40] {magoo} seed
[09:41] {Roman} 21 long IDIX
[09:43] {magoo} what entry u get on CSIQ?
[09:43] {Threei}.20
[09:43] {Threei}there was some wierd hiccup in SEED quotes
[09:43] {Threei}kept me from calling entry
[09:43] {magoo} me too
[09:43] {Roman} 21 AKNS
[09:43] {Roman} 21 long setup
[09:43] {Threei}anyone saw it or was it just my issue?
[09:43] {Roman} 21 small
[09:44] {magoo} i saw
[09:44] {Threei}OK
[09:45] {bruce} Roman - thanx for all your calls last week while vadster was away
[09:45] {Roman} 21 yw
[09:46] {Threei}9.80 yes high SEED
[09:46] {Threei}may become today's momo if breaks
[09:46] {magoo} u in SEED?
[09:46] {dino} gs, rimm not following
[09:46] {Roman} 21 CROX
[09:46] {Roman} 21 bounce play
[09:47] {dino} gs sm l .50
[09:47] {Threei}very risky one SEED, see if you can get a feel of momo
[09:47] {magoo} u in SEE?D
[09:48] {Threei}I take the Fifth
[09:48] {BillyD} if holds .60 area ..a good sign imo
[09:48] {magoo} where'd u take the fifth?
[09:48] {dino} merli stop is .01
[09:49] {bruce} I'm out dino - thanx
[09:50] {lumdus} so what are we in ?
[09:50] {lumdus} i am out crox. tx roman
[09:51] {Threei}DNDN
[09:51] {Threei}6.03 long 5.94 stop
[09:52] {dino} out meli .25, +.65
[09:52] {magoo} mkts jitery
[09:52] {bruce} congrats dino
[09:53] {dino} ty
[09:54] {Threei}SEED .40 closest support, see if it comes close and shows strength for entry
[09:54] {BillyD} arca quotes all messed up
[09:54] {magoo} yes, quotes stink
[09:55] {BillyD} there just delayed
[09:55] {Threei}in
[09:55] {magoo} in
[09:55] {dptl} in.44
[09:55] {dptl} stop?
[09:56] {Threei}there won't be any stop
[09:56] {magoo} OY
[09:56] {Threei}OK, just kidding... keep it under .30
[09:58] {Threei}if breaks .60, move to under .40
[09:58] {esemde} bstop SUNH .98....risky
[09:58] {Threei}I mean "when" breaks .60
[09:59] {dptl} i am out +.15 ty
[09:59] {Threei}half out
[09:59] {Threei}want to see if it can break .80 and become a real deal
[10:00] {Threei}mags, protect some profit
[10:00] {dino} morn l .96
[10:00] {Threei}don't be maximalist
[10:00] {magoo} ok
[10:00] {dino} stop lod
[10:00] {dptl} dndn still valid?
[10:00] {Threei}entry was as perfect as it gets, can't let it slip away
[10:01] {Threei}not sure DNDN... lost support, not much enthusiasm...
[10:01] {dptl} ok
[10:01] {dino} out gs 189.60, +1.10
[10:02] {BillyD} nice dino
[10:02] {Threei}BMRN
[10:02] {Threei}.81 long
[10:02] {Threei}half lot
[10:02] {esemde} long SUNH ,99
[10:02] {Threei}stop .65
[10:03] {lumdus} in hal
[10:03] {dino} ty bd
[10:03] {magoo} IN
[10:04] {dptl} in bmrn
[10:05] {Threei}stop to .69
[10:05] {esemde} nothing but air above this one....3year high
[10:05] {dino} stopped morn nf'ing slippage, -.35
[10:05] {Threei}SUNH ese?
[10:05] {esemde} yes
[10:05] {magoo} magoo smacking SEED in rear with 2x4
[10:06] {esemde} stop to 18,00
[10:06] {dptl} out bmrn +.15 ty
[10:06] {BillyD} out 1/2 BRMN +.13
[10:06] {Threei}1:1
[10:06] {Threei}welcome
[10:06] {BillyD} ty
[10:07] {esemde} sorry that stop to 17.90
[10:08] {BillyD} out rest BRMN +.18 and }27
[10:09] {BillyD} typo
[10:09] {BillyD} .27
[10:09] {dino} gj
[10:09] {BillyD} ty
[10:11] {Threei}what happened to GRMN
[10:11] {bruce} its going down vad
[10:11] {dino} same that happened to the other hi-flers
[10:11] {Threei}you don't say
[10:12] {bruce} indeed
[10:12] {magoo} out here BMRN .23TY
[10:12] {dino} couple downgrades yesterday, today, etc....you know, the efficeincy if the market
[10:12] {Threei}and I like their GPS... so much for "like the product - buy the stock" theory
[10:12] {BillyD} nice BRMN find Vad
[10:13] {Threei}even blind chicken...
[10:13] {Threei}out in full here
[10:13] {magoo} their gps has saved magoo's ass on occassion in the "big woods"
[10:13] {dino} although, maybe a nice bounce in here somewhere
[10:13] {BillyD} lol
[10:13] {Threei}and mine in San Diego concrete jungle, magoo :)
[10:13] {lumdus} out bmrn .29
[10:13] {magoo} both skerry lol
[10:13] {lumdus} 1/2 lot out
[10:13] {Threei}lol
[10:14] {Threei}good job lum
[10:14] {lumdus} other 1/2 i wait for
[10:14] {Threei}aren't you greedy one, lol
[10:14] {Threei}trail stop
[10:14] {Threei}don't let it go under 40 on you
[10:14] {dino} aapl l sm, wide
[10:15] {Threei}treat stock that went in your favor as your personal ATM - there is no way you lose money to ATM, right?
[10:15] {dino} .35'
[10:15] {Threei}you may take money out or not, but not lose
[10:15] {magoo} er, um, vad, it kept my card once
[10:15] {Threei}hmmm... what, you don't carry axe with you at all times???
[10:16] {lumdus} sto 40.19
[10:16] {magoo} i did look into camera and said a few explicatives
[10:16] {Threei}come on man... some things you simply don't leave your house without
[10:16] {Threei}ax being one of those
[10:18] {Threei}lum, if I were you... .15 is where I would move stop to
[10:19] {dino} grmn going for double bottom?
[10:19] {Threei}maybe, but confirmation level is way too far for my taste
[10:21] {Threei}deep wisdom is coming:
[10:21] {Threei}FED'S POOLE: SAYS CANNOT PREDICT OR EXPLAIN EXCHANGE RATES- In the long run the USD will reflect strength of US economy
[10:21] {dino} now why do you have to be that way?, :)
[10:21] {Threei}lol
[10:22] {Threei}FED'S POOLE:- WATCHING BOTH INFLATION AND RECESSION RISKS, TOO EARLY TO TELL IF HOUSING WILL CAUSE RECESSION, 2008 TO BE YEAR OF RISING GROWTH
- Investment professionals have made many mistakes.
[10:22] {Threei}- Notes economic fundamentals remain strong, and turmoil wil take a while to play out.
[10:22] {Threei}RIMM
[10:22] {Roman} 21 damn flippers destroyed US ecomomy
[10:22] {Threei}96 breakdown is short, small shares
[10:22] {Threei}lol Roman
[10:23] {liranm} Rimm stop?
[10:23] {Threei}don't touch it liran... RIMM is a stock that requires RIMM-specific skill
[10:23] {Threei}if you never played it, stay away
[10:23] {liranm} OK
[10:24] {magoo} f#cking quotes bads
[10:24] {dino} nice call rimm
[10:24] {magoo} missed rimm entry
[10:24] {Threei}this is example of "if you have to ask"... :)
[10:24] {magoo} my level lagging bad
[10:24] {Threei}hmmm
[10:24] {Threei}looks fine here
[10:24] {Threei}RIMM at least is ticking like clock
[10:24] {magoo} gggggrrrrrrrrrrrrrrr
[10:24] {BillyD} seems ok here
[10:24] * magoo slaps BillyD around a bit with a large trout
[10:25] {bruce} same mags
[10:25] {BillyD} other than a few arca delays
[10:25] * magoo slaps bruce around a bit with a large trout
[10:25] {Threei}anyone went for RIMM{ feel free to be out
[10:25] {dptl} ahhh should of stayd rimm.... ty
[10:25] {magoo} made my day if RIMM had filled
[10:25] {Threei}you scalped?
[10:25] {dptl} yes
[10:26] {Threei}don't be upset... you know RIMM
[10:26] {dptl} ye s
[10:26] {dino} l grmn .95 riskyyyyy
[10:26] {Threei}takes just a blink to find yourself in (insert your favorite expletive)
[10:26] {BillyD} pretty much feel play on RIMM Vad?
[10:27] {bruce} what made 96 a short breakdown for you vad?
[10:27] {BillyD} I see the 96 setup
[10:27] {Threei}mix of feel, market cooperation, technical support to break and knowing how RIMM tends to trade
[10:27] {BillyD} I wasn't sure of reliable stop area
[10:27] {Threei}there was none
[10:27] {BillyD} whewww
[10:28] {Threei}closest resistance was 96.50
[10:28] {BillyD} yeah
[10:28] {Threei}too far to serve as a stop
[10:28] {BillyD} were you watching it for a bit for feel
[10:28] {Threei}actually, knowing the way RIMM trades shorting bounce into it was the best way
[10:28] {dino} stopped -.45
[10:28] {Threei}but it happened so fast, I couldn't even type the comment in time
[10:29] {esemde} out SUNH at 18.06
[10:29] {esemde} decided not to wait for stop to be hit
[10:29] {esemde} +,07
[10:29] {bruce} I can't see the setup - looks like itcould have gone either way at 96
[10:29] {dino} major rinse
[10:29] {BillyD} it could have bruce
[10:30] {BillyD} Vad just played his feel
[10:30] {bruce} would be nice to learn to trade those fast movers billy
[10:30] {Threei}DOE CRUDE: -6.7M V -1.2ME; GASOLINE: +5.2M V +1.6ME; DISTILLATES: +1.5M V +1ME; UTILIZATION: % V 89.5%E
[10:30] {BillyD} only way for me is to watch them first for feel....not able to just pull up and determine
[10:31] {dino} same bd
[10:32] {bruce} akns - any read vad - looks short
[10:32] {BillyD} unless it has a solid setup structure with stop...then maybe.....normally lean to side of watching first
[10:35] {magoo} vad, u still in seed?
[10:35] {BillyD} nice spot bruce on AKNS...not available here
[10:36] {bruce} thanx billy
[10:36] {Threei}mags, took stop but reentered half lot
[10:37] {Threei}couldn't resist 9.30
[10:37] {magoo} ok, nice, i stilkl got half
[10:37] {Threei}scary way to play'em
[10:39] {dino} meli l .94
[10:40] {bruce} amzn dino
[10:40] {BillyD} Vad, what was your reason for .15 stop to lum on BMRN as stop...the 10:13 bar?
[10:41] {BillyD} or .19 likely to touch it if in area
[10:41] {dino} should bounce, but i always have trouble w/it. kind of magoo's baby
[10:41] {dino} amzn that is
[10:41] {bruce} k dino
[10:41] {bruce} looks to me close to reverse
[10:43] {Threei}billy, that, and 10:19 bar that bottomed out at .19
[10:44] {BillyD} I see noe
[10:44] {BillyD} now
[10:44] {lumdus} are we in anything now ?
[10:44] {Threei}nope
[10:45] {lumdus} good. need to regroup myself here
[10:45] {lumdus} i like klac what you think ?
[10:45] {esemde} long PRFT half lot 16 89 risky
[10:46] {esemde} stop .60
[10:46] {bruce} stra dino
[10:46] {Threei}KLAC looks reasonable
[10:46] {Threei}needs market help
[10:47] {esemde} i like the looks of that Vad
[10:47] {Threei}strong, nice consolidation... the only reservation about it is,
[10:48] {Threei}it's unlikely to go without NQ help, and NQ being what it is lately is not very good helper
[10:48] {esemde} indeed
[10:48] {lumdus} tx vad
[10:48] {Threei}SEED taking .50 again is nice sign mags
[10:49] {dino} dk stra
[10:49] {magoo} big offer .60and .70
[10:49] {Threei}hard to tell if it gains traction again for a serious break, but chance is there
[10:49] {magoo} eat .60 would help
[10:50] {Threei}going up over 10 would help even better {G}
[10:50] {magoo} ah..i agree
[10:51] {Threei}Roman's IDIX is honestly trying
[10:51] {BillyD} BMRN flirting with more here
[10:52] {esemde} stopped .60 PRFT *&%&^*&^^&&^$#$!
[10:53] {Threei}KLAC held nicely
[10:53] {magoo} entry?
[10:53] {lumdus} some reversal here ?
[10:53] {lumdus} magoo i got in .5
[10:53] {lumdus} .55
[10:54] {magoo} ok..good entry
[10:56] {dino} out meli .25, +.31
[11:00] {dino} sm l spwr 112.00
[11:07] {dino} wo0w drys
[11:09] {lumdus} s t
[11:10] {bruce} continued weakness in akns
[11:10] {dino} stopped spwr
[11:13] {lumdus} out t +.32
[11:14] {dino} pery strong
[11:17] {Roman} 21 out IDIX
[11:18] {Threei}nice one
[11:18] {Roman} 21 damn real estate speculators
[11:19] {Roman} 21 punks
[11:19] {Roman} 21 we have 2 in this room - not pointing fingers
[11:19] {Threei}back in SEED, half lot
[11:19] {dino} maybe it was the damn bankers
[11:19] {Threei}stop under 9
[11:20] {Roman} 21 :)
[11:20] {dino} hey, i made money on my flips, 18% in oct, and unfortunately in two weeks 10%
[11:21] {Threei}be afraid dino... Roman is boiling with righteous indignation and prepared a pillow to smother each and every RE speculator he comes across
[11:22] {Roman} 21 i am pissed i caught a falling knife on WM swing
[11:22] {dino} i'll tell you what, the multi-family units in this area are the price of a car/unit, not too bad imo. thats when i started 10+years ago
[11:22] {dino} theres money to be made, rents easily carry mtg
[11:23] {Threei}I say cars are horribly overpriced
[11:23] {Roman} 21 teach me dino how to make money in Real Esate
[11:23] {Roman} 21 i am signing up for seminar
[11:23] {dino} lol, you already know how i suspect
[11:24] {Roman} 21 i am real-estate flipper wannabe
[11:24] {Threei}carlton sheest will help you roman
[11:24] {BillyD} free set of sheets w/ every attendee
[11:24] {Threei}(at least that's what two last batches of spam e-mails told me)
[11:25] {Roman} 21 want to work 2 hours day and making a killing - REAL ESTATE is the answer
[11:25] {Roman} 21 chilling on the beach watching Brazilian girls all day - that's what i want to do
[11:25] {Threei}wow... you are a workaholic... I don't want to work at all
[11:26] {Roman} 21 get a Yatch
[11:26] {lumdus} why we back in seed ?
[11:26] {dino} rfr, keep this in mind, when unit cost is about the price of a 25-30k car, something, imo, is wrong.
[11:26] {Roman} 21 here in north miami you still can't get anyting decent under 300k
[11:26] {BillyD} dino, is the the current value now
[11:26] {Roman} 21 2 bed 2 back with a decent view
[11:26] {Threei}because it came back close to support, making stop tight enough, and showed signs or strength
[11:27] {Threei}or = of
[11:27] {dino} yes bd
[11:27] {lumdus} ok, tx
[11:27] {BillyD} pretty inexpensive considering rent potential
[11:28] {dino} indeed
[11:28] {BillyD} take those all day
[11:30] {dino} wow fslr down about 50 pts in 5 days
[11:35] {Threei}and still no signs of bounce in sight
[11:36] {lumdus} max i could short in fslr was 10 shares .. :)
[11:36] {dino} nov. it hit 200
[11:37] {lumdus} i shorted crox at 27.71 got only 100 filled. crap
[11:37] {dino} gj
[11:37] {lumdus} it was trading .73 when i hit the button. don't like that
[11:38] {Threei}looks like bounce time for FSLR
[11:39] {lumdus} tx 3i, i don't cach falling knives anymore. someone else needs to do that job
[11:39] {Threei}panic selling
[11:42] {bruce} thats for dino lum
[11:43] {lumdus} yes, i know bruce. just making the comment for myself
[11:43] {lumdus} mlnm going
[11:43] {BillyD} reading "Praticing the Power of Now".....much more concise and practical....fyi
[11:43] {lumdus} short mlnm 15.05
[11:43] {dino} good, i started the other and have to say, losing my attn
[11:43] {lumdus} i need some panic there so i can pay for lunch now
[11:44] {BillyD} yes dino, this one much better
[11:44] {dino} fed. emergency mtg, raises rates, let's kill them all...:)
[11:44] {BillyD} you get the meat
[11:45] {lumdus} mlnm too slow for me. needs to move down harder.
[11:46] {lumdus} ok, mlnm 1:1 about to get the heck out
[11:46] {lumdus} .94 stop on mlnm
[11:47] {dptl} brcm?
[11:47] {lumdus} no, mlnm
[11:47] {lumdus} lunch time for me - bye
[11:47] {Threei}tough one dp
[11:48] {dptl} looks like dbl btm
[11:48] {Threei}unless NQ breaks down again
[11:48] {dptl} ye true
[11:51] {Threei}sky is falling yet?
[11:52] {Threei}FSLR becomes hard to resist
[11:55] {Threei}see BRCM dp?
[11:55] {dptl} yes
[11:56] {Threei}this is typical "skill to stay on a sideline" moment
[11:56] {dino} yes
[12:02] {bruce} celg - any read vad?
[12:02] {Threei}UN: SEES US GROTH 2% IN 2008, 2.5% IN EU, 1.7% IN JAPAN, AND 3.4% WORLDWIDE
[12:02] {Threei}b reakout play
[12:02] {Threei}hard to define stop on it though
[12:03] {Threei}I'd stay away bruce
[12:03] {Threei}just not clear enough
[12:03] {bruce} k - thanx
[12:03] {Threei}and not really market for breakouts
[12:04] {dino} rimm l .50, sm
[12:04] {bruce} k
[12:08] {Threei}good one dino
[12:09] {dino} out rimm .99, +.49
[12:09] {dino} ty, lucky, it's lagging all day
[12:10] {dino} same w/gs
[12:11] {Threei}watching ISIS for bounce scalp
[12:12] {dino} man, fslr we chickened out on
[12:12] {Threei}I grabbed a scalp... but didn't have heart for real move
[12:13] {dino} i didn't have the b#lls, lol
[12:15] {Threei}can't blame you really... this one is tenfold scary vs RIMM
[12:15] {Threei}as if RIMM wasn't scary enough
[12:15] {dino} will only do 200 on fslr
[12:15] {BillyD} I think you really like the challenge Vad
[12:15] {dino} rimm just 300
[12:15] {Threei}I am adrenalin-deprived
[12:16] {BillyD} I think you are just good at what you do
[12:16] {dino} knocking meli
[12:16] {Threei}it was just impossible to resist around 209
[12:17] {Threei}but I need to learn to faint in such cases... and come out of it when it's up 5-6 points :)
[12:18] {Threei}otherwise scalpers instincts take over
[12:19] {Threei}telling myself, keep it, you got a great one and yout stop is ridiculously small for such a stock
[12:19] {Threei}self says, you are crazy, you got point and half, take it and go home
[12:19] {BillyD} oh, the dialogue
[12:20] {Threei}yes... then cat comes in, looks at me questioningly... why is this piece of furniture talks to himself
[12:20] {BillyD} lol
[12:20] {Threei}then wife comes in, says "you are talking to yourscreens again? medication doesn't work or you forgot to take it?"
[12:21] {Threei}pressure from all sides, you see...
[12:21] {BillyD} yes, too many voices
[12:21] {Threei}and I don't even count little green men...
[12:22] {Threei}OK, ISIS
[12:22] {Threei}.51 long
[12:22] {Threei}if stays above .40
[12:22] {Threei}just a scalp most likely
[12:23] {dino} feels like novembers' market
[12:24] {dptl} in .51 isis
[12:24] {Threei}qwhy dp?
[12:24] {Threei}just pulling your leg... sorry :)
[12:25] {dptl} :)
[12:27] {dino} sm l rimm .20
[12:28] {dptl} nvda?
[12:29] {Threei}chart wise, long at .20 break... but the question is, do you trust market to move up more?
[12:29] {dptl} ok
[12:30] {Threei}let's trail ISIS to under .45
[12:30] {Threei}I'd expect more resolve from it on .50 break
[12:30] {Threei}it's still valid but I'd prefer to keep tighter lid on stops
[12:32] {Threei}was so tempted by SED at 8.80 and hesitated... whimp
[12:32] {Threei}SEED
[12:32] {dptl} stoped isis
[12:32] {BillyD} yes
[12:40] {esemde} ladies and gentlemen...have a great rest of the day
[12:40] {Threei}take care ese :)
[12:40] {esemde} see ya vad
[12:40] {patience} bye ese
[12:41] {Threei}MBRN held rather well
[12:41] {Threei}BMRN
[12:42] {Threei}no play unless NQ continue recovery
[12:43] {dino} rimm stopped -.35
[12:48] {bruce} rmbs long?
[12:48] {Threei}I don't see anything compelling on it bruce... may work, may not with the same chance
[12:49] {bruce} k
[12:49] {Threei}for all these stocks that mostly follow NASDAQ, I would like to see real NQ bounce first
[12:49] {dino} aaee
[12:49] {dino} aaww
[12:50] {Threei}what we have now is just a fibble technical recovery, not convincing by any means
[12:50] {Threei}NQ daily seems almost riped for sizeable bounce
[12:51] {Threei}but this "almost" may take many more stops if you atempt to forecast the moment of actual bottom
[12:51] {Threei}not the way I prefer to play it
[12:53] {Threei}SEED feels to me like momo in the making, tripped of general market selling
[12:53] {Threei}big bid at .10 appeared a few min ago and absorbed all the selling
[12:54] {BillyD} deep pullbacks last few days but recovers
[12:59] {dino} big bounce coming imo
[13:00] {Threei}BMRN
[13:00] {Threei}half lot long with .29 stop
[13:00] {BillyD} yes but where entry
[13:00] {Threei}on what?
[13:00] {dino} rimm l .00, sm wide
[13:00] {BillyD} BMRN
[13:01] {Threei}no exact trigger, take it as buying comes in as long as size of stop is acceptable
[13:02] {BillyD} all I needed
[08:29] {Threei}Good morning people
[08:30] {hawkfan4} good morning Vad :)
[08:31] {Threei}hawk :)
[08:31] {Threei}wow.. ETFC back from dead or what
[08:32] {hawkfan4} wow, don't see news
[08:33] {hawkfan4} oh wait, there is news
[08:33] {Threei}06:00am [ETFC] Establishes special committee to reduce risk in real estate portfolios
[08:33] {Threei}{shrug}
[08:33] {hawkfan4} 09-Jan-08 06:15 ET In Play E*TRADE reports initial progress of turnaround plan; says sold additional $3.0 bln of mortgage-backed securities and bonds (2.25 ) :
[08:38] {BillyD} morning vad, hawk
[08:38] {hawkfan4} morning billy
[08:38] {Threei}Billy :)
[08:38] {magoo} mornink comrades
[08:39] {Threei}magmeister
[08:40] {magoo} while watching ISIS today..lets remember it can be shorted
[08:41] {magoo} although..who knows?
[08:41] {magoo} prxi cut in half
[08:42] {Threei}yeah... you know how hesitant I am to short first day runners
[08:43] {magoo} yup
[08:43] {Threei}when they become old news and run out of gas, sure
[08:43] {Threei}too often we see them defying all the common sense and gravity on a first day
[08:51] {Threei}NASDAQ is down 8 days with 0ne up day inbetween, and even that was up bu what, 3 points NQ
[08:52] {dptl} good morning all
[08:52] {Threei}dp :)
[08:52] {magoo} dp:)
[09:00] {Threei}so far I don't see "hero of the day"
[09:00] {cosmo} QLGC?
[09:01] {Threei}06:15am [QLGC] Update: Guides Q4 EPS $0.27-0.28 v $0.24e, R $155-157M v $149.7Me
[09:01] {cosmo} .. who knows
[09:02] {Threei}BELM
[09:02] {Threei}ANNOUNCES RECORD QUARTERLY AND 2007 ANNUAL REVENUE
[09:02] {Threei}GUIDES Q4 R$1.08-1.1B V 1.01BE
[09:04] {Threei}son's report from Singapore:
[09:04] {Threei}people actually drive in their designated lanes.
[09:04] {Threei}after everywhere we've been, that's somehow creepy
[09:05] {cosmo} they 'cane' bad drivers maybe
[09:05] {cosmo} kane?
[09:06] {Threei}trout?
[09:07] {Threei}I don't see news DNDN
[09:09] {Threei}6.18 premarket high
[09:12] {esemde} good morning rt's
[09:12] {Threei}ese :)
[09:13] {esemde} morning Vad
[09:14] {cosmo} QLGC 14.50 resistance
[09:14] {cosmo} ETFC
[09:14] {Threei}this big offer at 5.99 on DNDN can be of help
[09:15] {cosmo} 2.65 pre mkt high ....etfc
[09:15] {Threei}if it opens between 5.90 and 6, then takes out this offer will be long
[09:16] {Threei}TASR's IQ is questioned
[09:16] {Threei}STINGER SYSTEMS ASKS FOR RE-EXAMINATION OF CO. INTELLECTUAL PROPERTY
[09:16] {dino} gm all
[09:16] {Threei}dino :)
[09:18] {Threei}anyone missed feds speeches lately?
[09:18] {Threei}PREVIEW: ST. LOUIS FED PRES. POOLE SCHEDULED TO SPEAK ABOUT SUBPRIME MORTGAGES AND FINANCIAL EDUCATION AT 9:30AMET
- There will be a prepared text and Q&A with the audience and the media.
[09:18] {Threei}- reminder: in his last public comments, on Nov 30, Poole said:
[09:18] {Threei}- Economy should not suffer to punish speculators; Fed Members must be ready to act contrary to Market expectations
[09:18] {dino} prxi, beats, drops, cfo resigns, hmmm
[09:18] {lumdus} morning all.
[09:18] {lumdus} 3i dcc
[09:18] {Threei}- Stable economy provides no guarantee that businesses, households protected from failure, policy should not be seen as bailing out markets
[09:18] {Threei}- Says responsibility to alleviate market, says when further rate cuts would ease financial turmoil, always approporiate for Fed to discuss, notes it is 'just not true' that Fed eases policy systematically when stock market drops, 1987 the exception
[09:18] {Threei}- Notes policy actions not to prevent losses from subprime but to restore market processes and normal functioning financial markets are crucial to economic growth,
[09:18] {Threei}- Says stock prices may be cushioned as a byproduct of policy
[09:20] {esemde} ya......thats what i was gonna say......
[09:23] {Threei}they get cushioned last couple weeks alright
[09:24] {Threei}smothered is more like it but I guess it's just a matter of wording
[09:29] {esemde} should be some bounce plays in solar CSIQ for one...
[09:32] {Threei}SEED
[09:32] {dino} risky, l meli .60
[09:33] {BillyD} volumes light
[09:33] {BillyD} overall
[09:33] {bruce} apol dino
[09:34] {dino} watching, pretty big beat last night
[09:35] {Threei}mags... ISIS is not shirtable anymore
[09:35] {magoo} what about "shOrtable?"
[09:36] {dino} fslr
[09:36] {bruce} meli stop dino?
[09:36] {BillyD} that sometimes happens Vad....in premkt it is and then it isn't
[09:36] {magoo} well..do the broker actually have to have it in inventory to short?
[09:37] {Threei}yes
[09:37] {cosmo} prxi
[09:37] {magoo} whats a "naked short"?not inventory
[09:37] {Threei}yes
[09:37] {magoo} man, continued pain in BIDU
[09:38] {Threei}CSIQ half lot long
[09:38] {BillyD} entry?
[09:38] {Threei}stop under 24.90
[09:39] {bruce} out meli + .40
[09:39] {Threei}don't chase above .20
[09:39] {Threei}was right then and there
[09:40] {Threei}anyone got it so I know whether to monitor and comment?
[09:40] {magoo} i missed
[09:40] {magoo} seed
[09:41] {Roman} 21 long IDIX
[09:43] {magoo} what entry u get on CSIQ?
[09:43] {Threei}.20
[09:43] {Threei}there was some wierd hiccup in SEED quotes
[09:43] {Threei}kept me from calling entry
[09:43] {magoo} me too
[09:43] {Roman} 21 AKNS
[09:43] {Roman} 21 long setup
[09:43] {Threei}anyone saw it or was it just my issue?
[09:43] {Roman} 21 small
[09:44] {magoo} i saw
[09:44] {Threei}OK
[09:45] {bruce} Roman - thanx for all your calls last week while vadster was away
[09:45] {Roman} 21 yw
[09:46] {Threei}9.80 yes high SEED
[09:46] {Threei}may become today's momo if breaks
[09:46] {magoo} u in SEED?
[09:46] {dino} gs, rimm not following
[09:46] {Roman} 21 CROX
[09:46] {Roman} 21 bounce play
[09:47] {dino} gs sm l .50
[09:47] {Threei}very risky one SEED, see if you can get a feel of momo
[09:47] {magoo} u in SEE?D
[09:48] {Threei}I take the Fifth
[09:48] {BillyD} if holds .60 area ..a good sign imo
[09:48] {magoo} where'd u take the fifth?
[09:48] {dino} merli stop is .01
[09:49] {bruce} I'm out dino - thanx
[09:50] {lumdus} so what are we in ?
[09:50] {lumdus} i am out crox. tx roman
[09:51] {Threei}DNDN
[09:51] {Threei}6.03 long 5.94 stop
[09:52] {dino} out meli .25, +.65
[09:52] {magoo} mkts jitery
[09:52] {bruce} congrats dino
[09:53] {dino} ty
[09:54] {Threei}SEED .40 closest support, see if it comes close and shows strength for entry
[09:54] {BillyD} arca quotes all messed up
[09:54] {magoo} yes, quotes stink
[09:55] {BillyD} there just delayed
[09:55] {Threei}in
[09:55] {magoo} in
[09:55] {dptl} in.44
[09:55] {dptl} stop?
[09:56] {Threei}there won't be any stop
[09:56] {magoo} OY
[09:56] {Threei}OK, just kidding... keep it under .30
[09:58] {Threei}if breaks .60, move to under .40
[09:58] {esemde} bstop SUNH .98....risky
[09:58] {Threei}I mean "when" breaks .60
[09:59] {dptl} i am out +.15 ty
[09:59] {Threei}half out
[09:59] {Threei}want to see if it can break .80 and become a real deal
[10:00] {Threei}mags, protect some profit
[10:00] {dino} morn l .96
[10:00] {Threei}don't be maximalist
[10:00] {magoo} ok
[10:00] {dino} stop lod
[10:00] {dptl} dndn still valid?
[10:00] {Threei}entry was as perfect as it gets, can't let it slip away
[10:01] {Threei}not sure DNDN... lost support, not much enthusiasm...
[10:01] {dptl} ok
[10:01] {dino} out gs 189.60, +1.10
[10:02] {BillyD} nice dino
[10:02] {Threei}BMRN
[10:02] {Threei}.81 long
[10:02] {Threei}half lot
[10:02] {esemde} long SUNH ,99
[10:02] {Threei}stop .65
[10:03] {lumdus} in hal
[10:03] {dino} ty bd
[10:03] {magoo} IN
[10:04] {dptl} in bmrn
[10:05] {Threei}stop to .69
[10:05] {esemde} nothing but air above this one....3year high
[10:05] {dino} stopped morn nf'ing slippage, -.35
[10:05] {Threei}SUNH ese?
[10:05] {esemde} yes
[10:05] {magoo} magoo smacking SEED in rear with 2x4
[10:06] {esemde} stop to 18,00
[10:06] {dptl} out bmrn +.15 ty
[10:06] {BillyD} out 1/2 BRMN +.13
[10:06] {Threei}1:1
[10:06] {Threei}welcome
[10:06] {BillyD} ty
[10:07] {esemde} sorry that stop to 17.90
[10:08] {BillyD} out rest BRMN +.18 and }27
[10:09] {BillyD} typo
[10:09] {BillyD} .27
[10:09] {dino} gj
[10:09] {BillyD} ty
[10:11] {Threei}what happened to GRMN
[10:11] {bruce} its going down vad
[10:11] {dino} same that happened to the other hi-flers
[10:11] {Threei}you don't say
[10:12] {bruce} indeed
[10:12] {magoo} out here BMRN .23TY
[10:12] {dino} couple downgrades yesterday, today, etc....you know, the efficeincy if the market
[10:12] {Threei}and I like their GPS... so much for "like the product - buy the stock" theory
[10:12] {BillyD} nice BRMN find Vad
[10:13] {Threei}even blind chicken...
[10:13] {Threei}out in full here
[10:13] {magoo} their gps has saved magoo's ass on occassion in the "big woods"
[10:13] {dino} although, maybe a nice bounce in here somewhere
[10:13] {BillyD} lol
[10:13] {Threei}and mine in San Diego concrete jungle, magoo :)
[10:13] {lumdus} out bmrn .29
[10:13] {magoo} both skerry lol
[10:13] {lumdus} 1/2 lot out
[10:13] {Threei}lol
[10:14] {Threei}good job lum
[10:14] {lumdus} other 1/2 i wait for
[10:14] {Threei}aren't you greedy one, lol
[10:14] {Threei}trail stop
[10:14] {Threei}don't let it go under 40 on you
[10:14] {dino} aapl l sm, wide
[10:15] {Threei}treat stock that went in your favor as your personal ATM - there is no way you lose money to ATM, right?
[10:15] {dino} .35'
[10:15] {Threei}you may take money out or not, but not lose
[10:15] {magoo} er, um, vad, it kept my card once
[10:15] {Threei}hmmm... what, you don't carry axe with you at all times???
[10:16] {lumdus} sto 40.19
[10:16] {magoo} i did look into camera and said a few explicatives
[10:16] {Threei}come on man... some things you simply don't leave your house without
[10:16] {Threei}ax being one of those
[10:18] {Threei}lum, if I were you... .15 is where I would move stop to
[10:19] {dino} grmn going for double bottom?
[10:19] {Threei}maybe, but confirmation level is way too far for my taste
[10:21] {Threei}deep wisdom is coming:
[10:21] {Threei}FED'S POOLE: SAYS CANNOT PREDICT OR EXPLAIN EXCHANGE RATES- In the long run the USD will reflect strength of US economy
[10:21] {dino} now why do you have to be that way?, :)
[10:21] {Threei}lol
[10:22] {Threei}FED'S POOLE:- WATCHING BOTH INFLATION AND RECESSION RISKS, TOO EARLY TO TELL IF HOUSING WILL CAUSE RECESSION, 2008 TO BE YEAR OF RISING GROWTH
- Investment professionals have made many mistakes.
[10:22] {Threei}- Notes economic fundamentals remain strong, and turmoil wil take a while to play out.
[10:22] {Threei}RIMM
[10:22] {Roman} 21 damn flippers destroyed US ecomomy
[10:22] {Threei}96 breakdown is short, small shares
[10:22] {Threei}lol Roman
[10:23] {liranm} Rimm stop?
[10:23] {Threei}don't touch it liran... RIMM is a stock that requires RIMM-specific skill
[10:23] {Threei}if you never played it, stay away
[10:23] {liranm} OK
[10:24] {magoo} f#cking quotes bads
[10:24] {dino} nice call rimm
[10:24] {magoo} missed rimm entry
[10:24] {Threei}this is example of "if you have to ask"... :)
[10:24] {magoo} my level lagging bad
[10:24] {Threei}hmmm
[10:24] {Threei}looks fine here
[10:24] {Threei}RIMM at least is ticking like clock
[10:24] {magoo} gggggrrrrrrrrrrrrrrr
[10:24] {BillyD} seems ok here
[10:24] * magoo slaps BillyD around a bit with a large trout
[10:25] {bruce} same mags
[10:25] {BillyD} other than a few arca delays
[10:25] * magoo slaps bruce around a bit with a large trout
[10:25] {Threei}anyone went for RIMM{ feel free to be out
[10:25] {dptl} ahhh should of stayd rimm.... ty
[10:25] {magoo} made my day if RIMM had filled
[10:25] {Threei}you scalped?
[10:25] {dptl} yes
[10:26] {Threei}don't be upset... you know RIMM
[10:26] {dptl} ye s
[10:26] {dino} l grmn .95 riskyyyyy
[10:26] {Threei}takes just a blink to find yourself in (insert your favorite expletive)
[10:26] {BillyD} pretty much feel play on RIMM Vad?
[10:27] {bruce} what made 96 a short breakdown for you vad?
[10:27] {BillyD} I see the 96 setup
[10:27] {Threei}mix of feel, market cooperation, technical support to break and knowing how RIMM tends to trade
[10:27] {BillyD} I wasn't sure of reliable stop area
[10:27] {Threei}there was none
[10:27] {BillyD} whewww
[10:28] {Threei}closest resistance was 96.50
[10:28] {BillyD} yeah
[10:28] {Threei}too far to serve as a stop
[10:28] {BillyD} were you watching it for a bit for feel
[10:28] {Threei}actually, knowing the way RIMM trades shorting bounce into it was the best way
[10:28] {dino} stopped -.45
[10:28] {Threei}but it happened so fast, I couldn't even type the comment in time
[10:29] {esemde} out SUNH at 18.06
[10:29] {esemde} decided not to wait for stop to be hit
[10:29] {esemde} +,07
[10:29] {bruce} I can't see the setup - looks like itcould have gone either way at 96
[10:29] {dino} major rinse
[10:29] {BillyD} it could have bruce
[10:30] {BillyD} Vad just played his feel
[10:30] {bruce} would be nice to learn to trade those fast movers billy
[10:30] {Threei}DOE CRUDE: -6.7M V -1.2ME; GASOLINE: +5.2M V +1.6ME; DISTILLATES: +1.5M V +1ME; UTILIZATION: % V 89.5%E
[10:30] {BillyD} only way for me is to watch them first for feel....not able to just pull up and determine
[10:31] {dino} same bd
[10:32] {bruce} akns - any read vad - looks short
[10:32] {BillyD} unless it has a solid setup structure with stop...then maybe.....normally lean to side of watching first
[10:35] {magoo} vad, u still in seed?
[10:35] {BillyD} nice spot bruce on AKNS...not available here
[10:36] {bruce} thanx billy
[10:36] {Threei}mags, took stop but reentered half lot
[10:37] {Threei}couldn't resist 9.30
[10:37] {magoo} ok, nice, i stilkl got half
[10:37] {Threei}scary way to play'em
[10:39] {dino} meli l .94
[10:40] {bruce} amzn dino
[10:40] {BillyD} Vad, what was your reason for .15 stop to lum on BMRN as stop...the 10:13 bar?
[10:41] {BillyD} or .19 likely to touch it if in area
[10:41] {dino} should bounce, but i always have trouble w/it. kind of magoo's baby
[10:41] {dino} amzn that is
[10:41] {bruce} k dino
[10:41] {bruce} looks to me close to reverse
[10:43] {Threei}billy, that, and 10:19 bar that bottomed out at .19
[10:44] {BillyD} I see noe
[10:44] {BillyD} now
[10:44] {lumdus} are we in anything now ?
[10:44] {Threei}nope
[10:45] {lumdus} good. need to regroup myself here
[10:45] {lumdus} i like klac what you think ?
[10:45] {esemde} long PRFT half lot 16 89 risky
[10:46] {esemde} stop .60
[10:46] {bruce} stra dino
[10:46] {Threei}KLAC looks reasonable
[10:46] {Threei}needs market help
[10:47] {esemde} i like the looks of that Vad
[10:47] {Threei}strong, nice consolidation... the only reservation about it is,
[10:48] {Threei}it's unlikely to go without NQ help, and NQ being what it is lately is not very good helper
[10:48] {esemde} indeed
[10:48] {lumdus} tx vad
[10:48] {Threei}SEED taking .50 again is nice sign mags
[10:49] {dino} dk stra
[10:49] {magoo} big offer .60and .70
[10:49] {Threei}hard to tell if it gains traction again for a serious break, but chance is there
[10:49] {magoo} eat .60 would help
[10:50] {Threei}going up over 10 would help even better {G}
[10:50] {magoo} ah..i agree
[10:51] {Threei}Roman's IDIX is honestly trying
[10:51] {BillyD} BMRN flirting with more here
[10:52] {esemde} stopped .60 PRFT *&%&^*&^^&&^$#$!
[10:53] {Threei}KLAC held nicely
[10:53] {magoo} entry?
[10:53] {lumdus} some reversal here ?
[10:53] {lumdus} magoo i got in .5
[10:53] {lumdus} .55
[10:54] {magoo} ok..good entry
[10:56] {dino} out meli .25, +.31
[11:00] {dino} sm l spwr 112.00
[11:07] {dino} wo0w drys
[11:09] {lumdus} s t
[11:10] {bruce} continued weakness in akns
[11:10] {dino} stopped spwr
[11:13] {lumdus} out t +.32
[11:14] {dino} pery strong
[11:17] {Roman} 21 out IDIX
[11:18] {Threei}nice one
[11:18] {Roman} 21 damn real estate speculators
[11:19] {Roman} 21 punks
[11:19] {Roman} 21 we have 2 in this room - not pointing fingers
[11:19] {Threei}back in SEED, half lot
[11:19] {dino} maybe it was the damn bankers
[11:19] {Threei}stop under 9
[11:20] {Roman} 21 :)
[11:20] {dino} hey, i made money on my flips, 18% in oct, and unfortunately in two weeks 10%
[11:21] {Threei}be afraid dino... Roman is boiling with righteous indignation and prepared a pillow to smother each and every RE speculator he comes across
[11:22] {Roman} 21 i am pissed i caught a falling knife on WM swing
[11:22] {dino} i'll tell you what, the multi-family units in this area are the price of a car/unit, not too bad imo. thats when i started 10+years ago
[11:22] {dino} theres money to be made, rents easily carry mtg
[11:23] {Threei}I say cars are horribly overpriced
[11:23] {Roman} 21 teach me dino how to make money in Real Esate
[11:23] {Roman} 21 i am signing up for seminar
[11:23] {dino} lol, you already know how i suspect
[11:24] {Roman} 21 i am real-estate flipper wannabe
[11:24] {Threei}carlton sheest will help you roman
[11:24] {BillyD} free set of sheets w/ every attendee
[11:24] {Threei}(at least that's what two last batches of spam e-mails told me)
[11:25] {Roman} 21 want to work 2 hours day and making a killing - REAL ESTATE is the answer
[11:25] {Roman} 21 chilling on the beach watching Brazilian girls all day - that's what i want to do
[11:25] {Threei}wow... you are a workaholic... I don't want to work at all
[11:26] {Roman} 21 get a Yatch
[11:26] {lumdus} why we back in seed ?
[11:26] {dino} rfr, keep this in mind, when unit cost is about the price of a 25-30k car, something, imo, is wrong.
[11:26] {Roman} 21 here in north miami you still can't get anyting decent under 300k
[11:26] {BillyD} dino, is the the current value now
[11:26] {Roman} 21 2 bed 2 back with a decent view
[11:26] {Threei}because it came back close to support, making stop tight enough, and showed signs or strength
[11:27] {Threei}or = of
[11:27] {dino} yes bd
[11:27] {lumdus} ok, tx
[11:27] {BillyD} pretty inexpensive considering rent potential
[11:28] {dino} indeed
[11:28] {BillyD} take those all day
[11:30] {dino} wow fslr down about 50 pts in 5 days
[11:35] {Threei}and still no signs of bounce in sight
[11:36] {lumdus} max i could short in fslr was 10 shares .. :)
[11:36] {dino} nov. it hit 200
[11:37] {lumdus} i shorted crox at 27.71 got only 100 filled. crap
[11:37] {dino} gj
[11:37] {lumdus} it was trading .73 when i hit the button. don't like that
[11:38] {Threei}looks like bounce time for FSLR
[11:39] {lumdus} tx 3i, i don't cach falling knives anymore. someone else needs to do that job
[11:39] {Threei}panic selling
[11:42] {bruce} thats for dino lum
[11:43] {lumdus} yes, i know bruce. just making the comment for myself
[11:43] {lumdus} mlnm going
[11:43] {BillyD} reading "Praticing the Power of Now".....much more concise and practical....fyi
[11:43] {lumdus} short mlnm 15.05
[11:43] {dino} good, i started the other and have to say, losing my attn
[11:43] {lumdus} i need some panic there so i can pay for lunch now
[11:44] {BillyD} yes dino, this one much better
[11:44] {dino} fed. emergency mtg, raises rates, let's kill them all...:)
[11:44] {BillyD} you get the meat
[11:45] {lumdus} mlnm too slow for me. needs to move down harder.
[11:46] {lumdus} ok, mlnm 1:1 about to get the heck out
[11:46] {lumdus} .94 stop on mlnm
[11:47] {dptl} brcm?
[11:47] {lumdus} no, mlnm
[11:47] {lumdus} lunch time for me - bye
[11:47] {Threei}tough one dp
[11:48] {dptl} looks like dbl btm
[11:48] {Threei}unless NQ breaks down again
[11:48] {dptl} ye true
[11:51] {Threei}sky is falling yet?
[11:52] {Threei}FSLR becomes hard to resist
[11:55] {Threei}see BRCM dp?
[11:55] {dptl} yes
[11:56] {Threei}this is typical "skill to stay on a sideline" moment
[11:56] {dino} yes
[12:02] {bruce} celg - any read vad?
[12:02] {Threei}UN: SEES US GROTH 2% IN 2008, 2.5% IN EU, 1.7% IN JAPAN, AND 3.4% WORLDWIDE
[12:02] {Threei}b reakout play
[12:02] {Threei}hard to define stop on it though
[12:03] {Threei}I'd stay away bruce
[12:03] {Threei}just not clear enough
[12:03] {bruce} k - thanx
[12:03] {Threei}and not really market for breakouts
[12:04] {dino} rimm l .50, sm
[12:04] {bruce} k
[12:08] {Threei}good one dino
[12:09] {dino} out rimm .99, +.49
[12:09] {dino} ty, lucky, it's lagging all day
[12:10] {dino} same w/gs
[12:11] {Threei}watching ISIS for bounce scalp
[12:12] {dino} man, fslr we chickened out on
[12:12] {Threei}I grabbed a scalp... but didn't have heart for real move
[12:13] {dino} i didn't have the b#lls, lol
[12:15] {Threei}can't blame you really... this one is tenfold scary vs RIMM
[12:15] {Threei}as if RIMM wasn't scary enough
[12:15] {dino} will only do 200 on fslr
[12:15] {BillyD} I think you really like the challenge Vad
[12:15] {dino} rimm just 300
[12:15] {Threei}I am adrenalin-deprived
[12:16] {BillyD} I think you are just good at what you do
[12:16] {dino} knocking meli
[12:16] {Threei}it was just impossible to resist around 209
[12:17] {Threei}but I need to learn to faint in such cases... and come out of it when it's up 5-6 points :)
[12:18] {Threei}otherwise scalpers instincts take over
[12:19] {Threei}telling myself, keep it, you got a great one and yout stop is ridiculously small for such a stock
[12:19] {Threei}self says, you are crazy, you got point and half, take it and go home
[12:19] {BillyD} oh, the dialogue
[12:20] {Threei}yes... then cat comes in, looks at me questioningly... why is this piece of furniture talks to himself
[12:20] {BillyD} lol
[12:20] {Threei}then wife comes in, says "you are talking to yourscreens again? medication doesn't work or you forgot to take it?"
[12:21] {Threei}pressure from all sides, you see...
[12:21] {BillyD} yes, too many voices
[12:21] {Threei}and I don't even count little green men...
[12:22] {Threei}OK, ISIS
[12:22] {Threei}.51 long
[12:22] {Threei}if stays above .40
[12:22] {Threei}just a scalp most likely
[12:23] {dino} feels like novembers' market
[12:24] {dptl} in .51 isis
[12:24] {Threei}qwhy dp?
[12:24] {Threei}just pulling your leg... sorry :)
[12:25] {dptl} :)
[12:27] {dino} sm l rimm .20
[12:28] {dptl} nvda?
[12:29] {Threei}chart wise, long at .20 break... but the question is, do you trust market to move up more?
[12:29] {dptl} ok
[12:30] {Threei}let's trail ISIS to under .45
[12:30] {Threei}I'd expect more resolve from it on .50 break
[12:30] {Threei}it's still valid but I'd prefer to keep tighter lid on stops
[12:32] {Threei}was so tempted by SED at 8.80 and hesitated... whimp
[12:32] {Threei}SEED
[12:32] {dptl} stoped isis
[12:32] {BillyD} yes
[12:40] {esemde} ladies and gentlemen...have a great rest of the day
[12:40] {Threei}take care ese :)
[12:40] {esemde} see ya vad
[12:40] {patience} bye ese
[12:41] {Threei}MBRN held rather well
[12:41] {Threei}BMRN
[12:42] {Threei}no play unless NQ continue recovery
[12:43] {dino} rimm stopped -.35
[12:48] {bruce} rmbs long?
[12:48] {Threei}I don't see anything compelling on it bruce... may work, may not with the same chance
[12:49] {bruce} k
[12:49] {Threei}for all these stocks that mostly follow NASDAQ, I would like to see real NQ bounce first
[12:49] {dino} aaee
[12:49] {dino} aaww
[12:50] {Threei}what we have now is just a fibble technical recovery, not convincing by any means
[12:50] {Threei}NQ daily seems almost riped for sizeable bounce
[12:51] {Threei}but this "almost" may take many more stops if you atempt to forecast the moment of actual bottom
[12:51] {Threei}not the way I prefer to play it
[12:53] {Threei}SEED feels to me like momo in the making, tripped of general market selling
[12:53] {Threei}big bid at .10 appeared a few min ago and absorbed all the selling
[12:54] {BillyD} deep pullbacks last few days but recovers
[12:59] {dino} big bounce coming imo
[13:00] {Threei}BMRN
[13:00] {Threei}half lot long with .29 stop
[13:00] {BillyD} yes but where entry
[13:00] {Threei}on what?
[13:00] {dino} rimm l .00, sm wide
[13:00] {BillyD} BMRN
[13:01] {Threei}no exact trigger, take it as buying comes in as long as size of stop is acceptable
[13:02] {BillyD} all I needed
