Mar 10 2008
Session Time: Mon Mar 10 00:00:00 2008
[08:03] {Threei} HITK REPORTS Q3 -$0.14 V 0.01E, R$15.1M V 20.4ME
[08:45] {Threei} BANK OF AMERICA: FORECASTS 50BPS FED CUT ON MARCH 18; EXPECTS FED FUNDS AT 1.50% BY MID-2008
[08:55] {magoo} morning
[08:56] {Threei} mags :)
[08:57] {Threei} [SEED] Origen Agritech Ltd. Announces nationwide corn seed approvals and additional provincial approval
[08:57] {Threei} - Ministry of Agriculture has approved two of the Company's new corn hybrid varieties to its product line for nationwide distribution during the next sales season.
[08:58] {Threei} ADAM COLLABORATING WITH GOOG ON NEW HEALTH OFFERING
- Company has entered into a content license agreement with Google, in which A.D.A.M. content will be integrated into a feature of Google Health that allows consumers to get information from A.D.A.M. on selected diseases and medical conditions.
[08:58] {Threei} - As recently announced, Google Health is currently in a pilot program with the Cleveland Clinic and is not yet publicly available.
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:04] {dino} gm all
[09:04] {Threei} dino!
[09:04] {Threei} wqelcome back
[09:05] {Threei} how was the vacation?
[09:05] {dino} ty, great time
[09:06] {Threei} I take it, no snow where you were
[09:06] {Threei} which is much more than the rest of continent can say {G}
[09:07] {dino} :)
[09:07] {dino} SO WHAT AM I MISSING, WORLD COMING TO AN END AGAIN?
[09:07] {Threei} sure, as usual
[09:07] {dino} opps, caps lock
[09:08] {cosmo} actually, the world is just beginning......again
[09:09] {Threei} I successfully managed to et about 5 people to hate me passionately... they called to cplain about huge snowstornm, and I (kindly as usual) pondered out loud whether to mow my grass today or wait till next week
[09:09] {Threei} best way to get "I hate you", works every time
[09:09] {dino} it's freezing here, so knock it off
[09:09] {Threei} there
[09:09] {Threei} :)
[09:12] {cosmo} FDA likes SPPI drug
[09:18] {Threei} worth watching for possible momo, 3 is important resistance for it
[09:18] {cosmo} LVLT: Level 3 announces that President and COO Kevin O'Hara is resigning; Sunit Patel, co's current CFO, will continue in the role of CFOBriefing.com(Mon 8:04am)
[09:19] {cosmo} ...trying to get up off the floor
[09:26] {cosmo} 2.05 so far...
[09:27] {lumdus} gm all. still can't get in automatically. no biggie
[09:27] {Threei} hi lum
[09:27] {bruce} it is for me lum
[09:28] {Threei} we had somewhat indecendtly good week last week... as Mondays often do, this morning looks fairly uncertain
[09:28] {Threei} I am going to take it slowly
[09:28] {Threei} see what transpires
[09:28] {bruce} takes about 76 tries on average for me to correctly type a sequence of numbers like thaqt
[09:29] {Threei} why type... copy/paste works
[09:29] {bruce} dif computers for chat and email vadster
[09:29] {Threei} oh
[09:29] {cosmo} its not ethicaplus...
[09:29] {Threei} are they netwroked?
[09:30] {bruce} no - haven't bothered
[09:30] {Threei} there are rumors of emergency rate cut
[09:30] {bruce} not really a big deal anyway- just teasing
[09:30] {bruce} good to have you back dino
[09:30] {Threei} can cause abnormal volatility when they confirm or turn out bs
[09:30] {bruce} you know the wstory - good trading week during yoru absence
[09:31] {Threei} SPPI jumped out of the gate
[09:31] {Threei} not chasing
[09:31] {bruce} you goona need a month to "dry out" from holidays dino?
[09:31] {Threei} pullback closer to 3 or consolidation
[09:33] {ThurstonHowellTheThird} gm all
[09:33] {bruce} initial market move looks to be to downside vad
[09:34] {Threei} thtt :)
[09:35] {esemde} morning...somebody still does not like me.....cannot log on automatically still
[09:35] {Threei} ese :)
[09:35] {magoo} me either, or dino
[09:35] {Threei} SPPI
[09:35] {Threei} worth a try close to 3
[09:36] {dino} ty bruce
[09:36] {bruce} k with stop to .90 or so?
[09:36] {Threei} RIMM short with stop above .30
[09:36] {Threei} aww
[09:36] {Threei} late
[09:36] {Threei} yes bruce
[09:37] {Threei} watching this bounce RIMM
[09:38] {Threei} want it closer to resiatnce
[09:38] {Threei} and watch NQ, don't shoet into buying
[09:38] {bruce} me too - not taking it w .40 stop
[09:38] {Threei} no way
[09:38] {Threei} we know how violent bounces can be
[09:39] {Threei} save clean trade or let it go
[09:39] {Threei} save = safe
[09:39] {Threei} ok, both are bouncing
[09:39] {Threei} how about tat for violent?
[09:40] {Threei} no entry yet
[09:40] {Threei} market likely to jjump once more
[09:40] {Threei} in fact long for a scalp here is better idea ta the moment
[09:40] {Threei} with stop under 97
[09:41] {Threei} had to be fast, no chasing
[09:41] {magoo} in OUT
[09:41] {Threei} got .16 entry while typed alert
[09:41] {magoo} TY vad...29 to .75
[09:41] {Threei} :)
[09:41] {magoo} so fast
[09:41] {Threei} .16 - .62 here
[09:42] {Threei} now, try to do this trade AND type in the room - you can be a professional street juggler
[09:42] {magoo} really..i appreciate what u doi
[09:42] {bruce} aapl breaking long
[09:42] {Threei} ty
[09:42] {bruce} would need to consolidate a bit
[09:43] {dino} aro s .72, stop .02
[09:44] {magoo} any go for SPPI
[09:44] {Threei} yes
[09:45] {lumdus} that's a damm small run on SPPI for FDA approval
[09:45] {Threei} 3.02 with 2.94 stop
[09:45] {Threei} out
[09:46] {bruce} sppi starting to look like short
[09:47] {Threei} watching LLTC
[09:47] {Threei} not sure of setup yet
[09:47] {Threei} .37 Frid high
[09:48] {Threei} and topped out at .38 at 03/05
[09:48] {bruce} vad - you like rimm long on .34 break?
[09:49] {Threei} if holding 98
[09:49] {Threei} but then againb,
[09:49] {Threei} if NQ resumes upward from here
[09:49] {Threei} I'd just get it aggressively
[09:50] {bruce} long setup coming in lltc on 31 break
[09:50] {bruce} .31
[09:51] {Threei} yes, if holding above .20
[09:51] {Threei} from daily chart point of view that would be agressive entry
[09:51] {bruce} lloks like best prospect for moment
[09:51] {Threei} I agree
[09:52] {Threei} has salmonish look to it
[09:53] {Threei} trying
[09:53] {Threei} market help would be nice
[09:53] {bruce} l lltc at .31
[09:53] {magoo} in LLTC
[09:53] {magoo} .31
[09:53] {Threei} should catapult it over those highs
[09:54] {Threei} stop .19 for me
[09:54] {bruce} heres hoping -
[09:54] {Threei} and potential wise, well
[09:54] {magoo} waiting .47
[09:54] {lumdus} good entry magoo
[09:54] {Threei} unless we get market cruel dump, 30 is not out of question
[09:54] {dino} cov aro .54, +.20
[09:55] {Threei} that would take time of course which is not our friend in this market environment
[09:55] {Threei} so, either get your scalp on a good spike
[09:55] {Threei} or if you inclined to try for more
[09:55] {Threei} protect profit by partialling
[09:56] {Threei} .46 nearest resistance from 02/27
[09:56] {Threei} after that, nothing till 30
[09:57] {bruce} market not helping here
[09:57] {Threei} does it ever
[09:57] {Threei} lol
[09:57] {Threei} LLTC is holding like champ
[09:58] {Threei} third try
[09:58] {Threei} new high
[09:58] {Threei} broke last resistance
[09:58] {Threei} 1:2 here
[09:58] {Threei} forst partial
[09:58] {dptl} out half +.20 ty
[09:58] {bruce} half ut +.24
[09:58] {lumdus} out 1/2 also
[09:59] {magoo} out .54 TY BOSS
[09:59] {bruce} out all
[09:59] {magoo} yes
[10:00] {magoo} may reload
[10:00] {Threei} wtg guys
[10:00] {bruce} nice um vadster
[10:00] {ThurstonHowellTheThird} out .61 ty
[10:00] {Threei} JAN WHOLESALE INVENTORIES: 0.8% V 0.5%E
[10:00] {Threei} out 1/4 more .70
[10:00] {bruce} you're all lucky - my nasty habit of jinxing plays didn't kick in
[10:00] {Threei} lol
[10:00] {Threei} we overcame it bruce
[10:01] {bruce} hope so vad
[10:01] {Threei} last part stop trailed to .39
[10:01] {bruce} went through a few streak w more thatn 10 consecutive losses
[10:01] {Threei} want exit closer to 30
[10:01] {bruce} would think we'll see a pullback in it near here
[10:01] {Threei} takes a fighter to keep going bruce
[10:02] {GeoArb} gm all
[10:02] {Threei} prairie guys are tough
[10:02] {Threei} geo :)
[10:02] {Threei} ok LLTC
[10:02] {Threei} last jump
[10:03] {Threei} stop to .55
[10:03] {bruce} not tough - just frozen vad
[10:03] {Threei} lol
[10:03] {Threei} that'll do it
[10:03] {bruce} that was one strong stock
[10:03] {bruce} exit now looks pathetic
[10:03] {lumdus} out rest .79 thanks vad
[10:03] {Threei} lum :)
[10:03] {lumdus} what a way to start off the week.
[10:04] {Threei} let's finish the day on this note?
[10:04] {magoo} nice exit lum
[10:04] {Threei} just imagine how irritated Chaeron would be... he comes in, we all leave saying "we got our trade of the day"
[10:04] {lumdus} yeah, let's get it done. will be too funny
[10:05] * Threei is so looking forward to the moment of chaeron connection
[10:06] {Threei} out balance LLTC
[10:06] {magoo} vad, wheres a good bounce reentry on LLTC?
[10:07] {dino} gj lum
[10:07] {dptl} out too .60 ty
[10:07] {Threei} dp :)
[10:07] {bruce} was jut thinking .40 mags
[10:07] {bruce} vad?
[10:07] {Threei} closer to .40 I would get interested again, mags
[10:08] {Threei} bruce :)
[10:08] {magoo} yesah, cause it fell w/naz is ally
[10:08] {magoo} naz resumes maybe
[10:09] {Threei} don't push guys
[10:09] {Threei} such easy trades are rarity in this market
[10:09] {Threei} don't let it fool you into complacency
[10:10] {bruce} k - loved that trade vad - spead was naoorw and risk easy to cntrol with good pushes
[10:10] {magoo} right boss
[10:10] {magoo} mother mkt wants her $$ back
[10:12] {Threei} bounces off .40
[10:12] {Threei} if you grabbed it, keep ridiculously tight stop at .30
[10:12] {magoo} i did but .49
[10:12] {Threei} and be ready to take your scalp and not tempt trading gods too much
[10:13] {bruce} not I - wanted a green candle before entering
[10:13] {bruce} was thinking .49 break with .40 stop
[10:13] {bruce} but too late now
[10:14] {Threei} PYX short idea
[10:14] {Threei} PAYX
[10:15] {Threei} nearest resiatance is .35
[10:15] {bruce} therel -.47 stop .40
[10:15] {Threei} chaeron... replay working for ya?
[10:16] {Threei} scroll up
[10:16] * magoo slaps Chaeron around a bit with a large trout
[10:16] {dptl} lo Vad
[10:16] {dptl} lol
[10:16] {Threei} me ever so kind
[10:16] {dptl} yes
[10:16] {Threei} in PAYX
[10:16] {magoo} out stopped LLTC .40
[10:17] {Threei} .36 stop
[10:17] {Chaeron} yeah? well, the best trades of the day are only about to happen :)
[10:17] {Chaeron} GM all
[10:17] {Threei} hi :)
[10:18] {lumdus} chareon, lltc did well - we all thought about you.
[10:19] {Chaeron} thanks lum :) Stick around... more trades like that to come... unless you're rich enough already :)
[10:19] {dino} ahg s .21 stop .51
[10:20] {Threei} didn't take long, lol... 7 cents stop PAYX
[10:25] {Chaeron} .
[10:27] {magoo} rimm bouncer maybe w/mkt??
[10:27] {magoo} not oin...watching
[10:27] {dino} fwlt l .90, sm, stop lod
[10:27] {bruce} mon looks like longretracement - risky
[10:29] {magoo} now THATS why RIMM is nasty
[10:32] {lumdus} short rimm .41 stop .50
[10:32] {magoo} careful IMHO
[10:32] {magoo} naz looks up
[10:33] {lumdus} stop b/e
[10:33] {lumdus} magoo not happy with my trade
[10:34] {Threei} NEM long half lot, stop under .40
[10:34] {Threei} right here
[10:35] {dino} out fwlt .35, +.45
[10:35] {magoo} in, where u at?
[10:35] {magoo} .60
[10:35] {lumdus} magood my rimm stop is a hard one. so i just leave it.
[10:35] {bruce} hafta head out
[10:35] {bruce} good trading all
[10:36] {magoo} WAIUTTTTTTTTT
[10:36] {Threei} feel free to take scalp NEM
[10:36] {Threei} 25 cents
[10:36] {Threei} nice and easy
[10:37] {lumdus} i going to hold nem longer
[10:37] {Threei} me no responsible
[10:37] {dino} idxx blood
[10:37] {lumdus} ok boss i understand that
[10:41] {dino} ahg stopped .41 -.19
[10:44] {magoo} out NEM here .87 TY vad
[10:44] {Threei} welcome sir
[10:44] {magoo} i have apptmt, be back 45 min
[10:44] {magoo} NICE start
[10:44] {lumdus} magoo, after .73 no need to thank vad. he not responsible.
[10:45] {magoo} HE HE
[10:45] {lumdus} soon i post sold nem 51 + 2.50 and NO thank you vad.
[10:48] {Threei} lol lum
[10:48] {Threei} I'll survive that
[10:48] {Threei} I acepted life as generally thankless endeavour
[10:49] {lumdus} common Nem make vad mad. go to 51 at least !
[10:49] {Threei} me be no mad
[10:50] {lumdus} ok, sold 49.99
[10:50] {lumdus} + . who the heck knows
[10:50] {Threei} wtg
[10:50] {lumdus} no thank you vad from .73 till .99 before that thank you.
[10:51] {Threei} what was your entry?
[10:51] {lumdus} .64
[10:51] {Threei} wow... much higher than I envisioned
[10:52] {Threei} it was .49 - .50 at the time of alert
[10:53] {lumdus} by the time i woke up .. you know,
[10:54] {Threei} hehe
[10:54] {Threei} it's just that such entry greatly diminished my thank you part
[10:54] {Threei} and distrotred ratio if favor of no thank you part
[10:54] {lumdus} oh ok. i am basically happy with the morning.
[10:55] {lumdus} easy money and traded 2 x lot - so ready to quit soon.
[11:04] {esemde} L VMED .70 1/2
[11:08] {Threei} looking to short RIMM
[11:08] {Threei} .50 resistance
[11:09] {Threei} in
[11:09] {Threei} .51 stop
[11:10] {Chaeron} in .37
[11:11] {Threei} no worky
[11:11] {Chaeron} stopped -0.15
[11:13] {Threei} shakeout...
[11:14] {Threei} ugh
[11:16] {Chaeron} *sigh* it's cause I got in boss
[11:18] {Threei} right idea but overtightened stop
[11:18] {dino} lncr s .77, stop .03
[11:20] {GeoArb} 03 or 83?
[11:20] {GeoArb} (trying to learn)
[11:21] {Threei} almost buck RIMM
[11:21] {Chaeron} } {
[11:23] {dino} geoarb,asking me?
[11:23] {GeoArb} yes
[11:23] {dino} .03, s=short
[11:23] {GeoArb} i was asking about stop
[11:24] {GeoArb} .03 or .83
[11:24] {GeoArb} as i didnt see .03 prev res
[11:24] {dino} .03 is stop, i'm short from .77
[11:24] {GeoArb} ok
[11:24] {GeoArb} thanks
[11:25] {dino} np=no problem
[11:26] {dino} now, we need it to die
[11:26] {Threei} 122 break short AAPl, if stays under .20
[11:29] {Threei} 1:1
[11:29] {esemde} stopped VMED .59
[11:29] {esemde} didn't want to keep it if it broke .60 support
[11:30] {esemde} talk about yer basic Blahhhhh market
[11:31] {Chaeron} took .23 from mkt on AAPL ... thanks Vad
[11:32] {Threei} welcome
[11:32] {esemde} that would have been the better trade for sure.....
[11:32] {Threei} 1:2 almost, out in full
[11:35] {dino} ot: you guys want to laugh?
[11:35] {Chaeron} always
[11:36] {dino} just received an email from realtor on foreclosure i bid....they asked $65k on 1200 sq ft ranch, on 1 acre, I bid $35k, they considered it for two weeks and finally said no. in the meantime another one they wanted $120k, I bid $70k, they took it at $80 (1800 sq ft 2 story) a steal
[11:37] {dino} so got one of two
[11:37] {GeoArb} what neighbourhood/state?
[11:38] {dino} pennsylvania, great, lake neighborhood. it should go for $180k after some minor repairs
[11:38] {GeoArb} nice
[11:39] {dino} the $35k bid cracked me up tho, had fun throwing that out there, a car costs more
[11:40] {Threei} in trading it calls stink bids :)
[11:41] {dino} ahhh, but they considered it, sometimes they try to wait you out, don't doubt in 30 days they contact me
[11:52] {Threei} EARING WEAKNESS IN FINANCIAL STOCKS BEING PARTIALLY ATTRIBUTED TO RUMORS ABOUT CREDIT RELATED PROBLEMS AT BEAR STEARNS- Reminder earlier Moody's downgraded some Bear Stearns Alt-A deals, cutting 163 tranches of 15 transactions
[11:52] {dino} lncr, downgrades to sell, market drops, it goes up, kindda sucks
[11:53] {Threei} AAPL long 112 break
[11:53] {Threei} stop under .80
[11:53] {Threei} 122 that was
[11:54] {Chaeron} thx
[11:54] {Threei} invalidated anyway
[11:58] {dino} l idxx .83, stop .53
[11:58] {bruce} rimm selling off to friday low vad - not sure where any entry would be
[11:59] {bruce} maybe a bounce first?
[11:59] {Threei} not sure
[12:00] {bruce} l 94.80 stop 94.60
[12:00] {Threei} HEARING CHATTER BSC DENYING INSOLVENCY RUMORS
[12:01] {bruce} out +.22 quick one to one
[12:01] {Threei} good feel
[12:01] {bruce} just luck vad
[12:01] {Threei} sure
[12:02] {bruce} lookinglike scalp was way to go
[12:02] {Threei} certainly
[12:02] {Threei} rumors flying around
[12:02] {bruce} I like it sho0rt now
[12:02] {Threei} market nervous
[12:03] {magoo} bacxk
[12:03] * bruce slaps magoo around a bit with a large trout
[12:04] {magoo} u guys make some cake without magoo?
[12:04] {Threei} bruce does
[12:04] {dino} no
[12:04] {Threei} and chaeron
[12:04] {dino} bruce yes
[12:05] {Threei} one hungry bear we have
[12:06] {bruce} probably russian - the bear that is
[12:06] {dino} bsc -8
[12:07] {Threei} watching DBA for long scalp
[12:07] {Threei} either pullback into 39.80
[12:07] {Threei} or 40 break
[12:07] {Threei} pullback is my preference of course
[12:09] {Threei} stop .89 if went for break
[12:10] {Threei} ACE GREENBERG: LIQUDITY RUMORS ARE 'TOTALLY RIDICULOUS' - COMMENTS TO CNBC
[12:11] {Threei} re BSC
[12:12] {Threei} stop to .95 DBA
[12:12] {Threei} 1:1
[12:14] {Threei} if you all are asleep, what am I doing here?
[12:14] {GeoArb} heh
[12:14] {GeoArb} (still waiting for laser activation)
[12:14] {magoo} HEY
[12:14] {magoo} i just got back and want some
[12:14] {magoo} i just missed that
[12:14] {Threei} argh
[12:14] {Threei} easy 130 bucks
[12:15] {Threei} no single downtick from trigger
[12:15] {magoo} rub it in sam {george to saqm waynewrite in Its a wonerfull life}
[12:16] {GeoArb} do you trail your stops vad?
[12:16] {Threei} not on scalps as a rule
[12:16] {GeoArb} ok
[12:16] {Threei} on daytrades, sure
[12:17] {GeoArb} id rather scalp first as i can only trade first half
[12:17] {dino} idxx stop to .07
[12:18] {bruce} vad - what you think of nvda long on 19 brak w 10 c stop?
[12:18] {Threei} of course
[12:19] {dino} wow, i go away, vad gets polite
[12:19] {Threei} do I?
[12:19] {Threei} hmmm
[12:19] {Threei} something's wrong
[12:19] {Threei} I'll work on it dino, I promise
[12:19] {dino} ty
[12:19] {Threei} don't want to send wrong message
[12:20] {dino} and magoo brings me a big mac, chaos all about
[12:20] {dino} idxx stop to .13
[12:22] {esemde} Oh sure.....VMED.....
[12:22] {tomg} ty vad, 3 out of 4, good day, see y'all tomorrow
[12:22] {Threei} beautiful tom
[12:22] {Threei} wtg
[12:22] {tomg} ty
[12:22] {dino} nice
[12:22] {Threei} and no, I am not calling you beautiful
[12:22] {tomg} :))
[12:23] * Chaeron slaps Threei around a bit with a large trout
[12:23] {Threei} nor you chaeron
[12:23] * Threei is hiding under the nearest rock
[12:23] {Chaeron} awwwwwww
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} sheesh
[12:23] {magoo} my rock
[12:23] {Threei} what's with slapfest
[12:23] {Threei} ahh
[12:23] {magoo} find your own
[12:23] {Threei} sorry
[12:24] {Threei} I thought 6 pack would serve as a pass
[12:24] {Threei} apparently I'll have to go drink it with dp
[12:24] {dptl} :)
[12:24] {Threei} he is wifeless anyway for while
[12:25] {dptl} yep
[12:25] {Threei} gotta soften his suffering by beer
[12:25] {dptl} good idea
[12:25] {dino} out idxx .23, +.40
[12:26] {magoo} excuse me..get out..BUT..leave the beer
[12:28] {bruce} nice one dino
[12:29] {dino} ty bruce
[12:30] {magoo} aapl vad? bouncer/
[12:33] {Threei} not sure mags
[12:33] {Threei} can turn out a bear flag just as well
[12:33] {magoo} yeah
[12:33] {Threei} I am all for 50/50 trade but under ne condition only
[12:33] {Threei} one
[12:34] {Threei} entry right at support/resistance, so stop is ridiculously small
[12:34] {Threei} then it's just a risk based setup
[12:34] {Threei} kind of : to the heck with 2-5 cents stop, with such small risk I can go for coin toss
[12:35] {Threei} if we have usual size of a stop, I want trade to be compelling
[12:35] {Threei} oh boy TMA
[12:36] {Threei} sic transit gloria mundi
[12:36] {bruce} et tu brute?
[12:36] {bruce} thats the only latin I know
[12:36] {Threei} same language anyway, lol
[12:37] {bruce} or weni widi wici
[12:37] {bruce} we came we saw we traded
[12:37] {Threei} in vino veritas?
[12:37] {bruce} thats an exagerated translation
[12:38] {bruce} lol
[12:38] {bruce} good one vadster
[12:38] {Threei} or in magoo caes, in beer veritas
[12:38] {bruce} that ones in wine we trust
[12:40] {Threei} bidding TMA at .0001
[12:40] {dino} or as in mexico, cervesa
[12:40] {Threei} 1 million shares
[12:40] {Threei} if get filled, will scalp .0002
[12:40] {bruce} lol - pay in peso to reduce risk
[12:41] {GeoArb} (looking for the red scalp button)
[12:41] {Threei} I have some mongol tougricks
[12:51] {bruce} cool
[12:51] {bruce} that opens the world to a whole new finacial term
[12:52] {bruce} will that be cash or tougricks?
[12:52] {Threei} lol
[12:52] {bruce} in canada of course we mostly just use beaver pelts
[12:54] {cosmo} those are scalps, ye know...
[12:54] {bruce} vad - thoughts on rimm short here?
[12:54] {Chaeron} oi
[12:54] {dptl} cprt?
[12:54] {Threei} doesn't feel right bruce
[12:55] {bruce} k
[12:55] {bruce} staying on sidelines
[12:55] {Threei} BSC
[12:55] {Threei} NO TRUTH TO LIQUDITY RUMORS - WIRE CITING SPOKESMAN
[12:57] {dino} idxx l .79
[12:57] {Chaeron} nice on CRPT dptl
[12:59] {dptl} l 37.08
[12:59] {dptl} out +.22
[13:01] {Threei} disgusting
[13:01] {dptl} lol
[13:01] {Threei} who told you you can just go and take someone's money like that?
[13:01] {Chaeron} they gave it to him
[13:02] {Threei} so what polite decent people do?
[13:02] {Threei} they call lost and found
[13:02] {dptl} ye it was right there:)
[13:02] {Threei} return wallet
[13:08] {bruce} vad - q's appear to be staging in a narrow range - 30 c up and down last hour and half- we may get a respectable pop if it breaks either way
[13:10] {Threei} yeah
[13:17] {bruce} at moment crpt quietly approaching highs now - you think long break worth shot ?
[13:19] {Threei} I wouldn't bruce
[13:19] {dptl} fdo?
[13:19] {Threei} this is not a safe stock
[13:20] {bruce} k- _ i like pattern but hate volume
[13:20] {bruce} setting it aside
[13:21] {dino} idxx stop to .07
[13:22] {dino} smts?
[13:25] {dino} out idxx .14 +.35
[13:27] {bruce} got smts on radar dino
[13:28] {dino} thoughts?
[13:28] {bruce} q's breaking lows
[13:28] {bruce} still looks short to me dino despite big dump so far
[13:29] {dino} thinking l, sm at some point, .40ish
[13:29] {dino} maybe a buck or so in it
[13:29] {bruce} theres a big volume spike so maybe it's done - but I don't have any confidence in ti as long yet
[13:32] {bruce} any plays vad _ we may get boucne here - could try a long in aapl or rimm ?
[13:34] {Threei} nothing worth risk yet bruce
[13:35] {bruce} k we have 25c range forming in rimm now
[13:35] {bruce} and can go either way
[13:35] {dino} expe
[13:38] {Chaeron} MORGAN STANLEY RAISED EXPE TO EQUAL WEIGHT FROM UNDERWEIGHT (TIMING UNCERTAIN)
[13:38] {Chaeron} EXPE
[13:38] {Threei} that's a very dubious reason for a spike like this
[13:39] {dino} indeed
[13:39] {Chaeron} they were tired of holding it.....
[13:45] {GeoArb} test
[13:46] {Threei} passed
[13:46] {GeoArb} :)
[13:51] {magoo} news SPIKE?
[13:51] {Threei} ?
[13:51] {Threei} where?
[13:51] {magoo} qqq spoike
[13:52] {Threei} I don't see anything out of ordinary
[13:52] {dptl} got to leave early (slacker)...good day Vad ty........see you all tomorrow ,have a good the rest of the day:)
[13:53] {Threei} take care dp
[13:53] {bruce} bye dp
[13:53] {bruce} rimm keeps testing those lows vad
[13:54] {Threei} looks ready to drop
[13:54] {Threei} but NQ will decide ultimately
[14:02] {bruce} die rimmsky
[14:06] {dino} smts partial fill l .76
[14:07] {bruce} great entry dino
[14:07] {dino} partial, spiked on me
[14:08] {bruce} yes - was thinking you must have been reading it's mind - entered exactly before spike
[14:09] {dino} lucky, but not enough luck
[14:10] {bruce} you've got 70c - I'd have been out already on that spike
[14:10] {dino} 100 shares
[14:11] {dino} have to talk to chuck
[14:12] {dino} ilmn lod
[14:12] {bruce} lunch money in vads words
[14:13] {dino} yeah, should just book it and look again
[14:17] {magoo} ELIOT SPITZER caught in prostetution RING
[14:17] {magoo} 550 dollar hookers
[14:17] {magoo} the emporers club
[14:18] {magoo} hes CNBC now
[14:19] {bruce} fslr down big today dino
[14:19] {dino} filling gap
[14:20] {bruce} you get out smts?
[14:20] {dino} no waiting for more at .76
[14:20] {GeoArb} truth stranger than fiction
[14:21] {dino} looks like i'll get it
[14:21] {bruce} k
[14:21] {dino} yes
[14:22] {dino} got it
[14:22] {bruce} hope it works - I still don't like it long
[14:23] {dino} hard stop at .08
[14:23] {magoo} no one cares?elliot caught....he got alot of enemies
[14:23] {Threei} I bet those enemies sent those gals to him
[14:23] {dino} to .15
[14:24] {dino} out, slip ave .08, +.32
[14:24] {dino} i bet you're right
[14:25] {bruce} lol - whos eliot?
[14:26] {Threei} things become inetersting
[14:26] {bruce} glad you exitied dino
[14:26] {bruce} theres that rimm pattern vad -
[14:26] {dino} thx, but its holding so far
[14:26] {bruce} 1 dollar move on break of major level
[14:30] {dino} lncr bstop to .75\
[14:30] {lumdus} interesting .. yeah, maybe i go fishing more exciting
[14:31] {bruce} lol
[14:31] {bruce} poor lum
[14:31] {bruce} if hes not trading something that moves a buck a minute he's bored out of his goard
[14:32] {dino} lol
[14:32] {Threei} very orderly selling
[14:32] {Threei} somewhat unusual, typically we had a lot of attempts to breakd the fall but today it's a very nice slow slide
[14:33] {magoo} meaning boss}
[14:33] {bruce} fslr will give you the action you want lum
[14:33] {bruce} yes - not an explosive move for sure
[14:33] {Threei} bear becomes firmly established mags
[14:33] {Threei} harder to interrupt its moves
[14:34] {Threei} if this becomes a new pattern, shorts will work easier
[14:34] {Threei} less shakeouts
[14:34] {bruce} thats a relief
[14:34] {bruce} all for that
[14:35] {magoo} oh..ok
[14:36] {Threei} I don't want to jump to conclusion on one day basis but this is something to watch for
[14:37] {magoo} we have had some furocious spikes into last two hurs of late tho
[14:37] {dino} fstr l .00 stop lod
[14:37] {lumdus} tx bruce. i always count on my friends to back me up .. hee hee
[14:37] {Threei} nothing of kind we saw last week mags
[14:38] {Threei} just usual ounces
[14:38] {Threei} not those vicious rallies killing shorts
[14:38] {dino} lncr cov .73, all day for .04
[14:39] {lumdus} in rimm 94.35 stop 94.12
[14:40] {lumdus} entry was good looked like we go up. but maybe i one of those who go for sucker rally.
[14:40] {bruce} welcome lum
[14:42] {bruce} you in fslr 182 dino?
[14:44] {dino} not w/oih -4
[14:44] {lumdus} rimm cost me -.22 ooch
[14:44] {bruce} not bad for rimm trade lum
[14:48] {Threei} if NQ doesn't lose 1680 anymore, bottom for the day is in
[14:49] {dino} fstr stopped
[14:49] {Threei} AAPL will be my long preference
[14:50] {bruce} sorry dino - tricky - had 180.80 bid then chicked out on it
[14:50] {Threei} .50 break AAPL
[14:51] {Threei} stop under .30
[14:51] {Threei} not a pure scalp, going to partial out
[14:51] {magoo} in whicha
[14:52] {Chaeron} me2
[14:52] {Chaeron} 0.49
[14:55] {Threei} come on
[14:56] {Chaeron} out\
[14:56] {magoo} really, i,m scalpin if get the chance
[14:56] {bruce} stopped aapl
[14:56] {Threei} yup
[14:56] {Chaeron} pos
[14:56] {Threei} no spine NQ
[14:58] {bruce} exactemundo
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {Threei} now tell us what you really think
[14:58] {bruce} hmmmm
[14:58] {bruce} pos?
[15:00] {bruce} dino - thinking fslr worth tyr long around 180 if gets there - w 40 c stop
[15:00] {Chaeron} from some movie... Will Smith... stood for piece of ...
[15:00] {bruce} let us all guess chaeron
[15:00] {Threei} sun?
[15:01] {Threei} snow?
[15:01] {bruce} string?
[15:01] {cosmo} i like snow...
[15:01] {Threei} serenity?
[15:01] {Chaeron} yep... all those :)
[15:01] {Threei} yes serenity
[15:01] {bruce} especially serenity
[15:01] {bruce} thats a cool one
[15:01] {bruce} yeah right serentity
[15:05] {bruce} out to appointments
[15:05] {bruce} rule is any money you make in my absense should be SHARED
[15:06] * bruce slaps magoo around a bit with a large trout
[15:06] {bruce} thats for god luck
[15:06] {bruce} good luck too
[15:11] {dino} maybe bruce
[15:16] {Threei} NY GOVERNOR SPITZER INDICTED BY FEDERAL COURT IN NY; SPITZER EXPECTED TO RESIGN - FOX NEWS- In audio message apologizes to family and the public, no further details released
[15:17] {Threei} so what was his sin again?
[15:17] {patience} involved in a prostitution ring
[15:17] {GeoArb} pay for play?
[15:17] {Threei} I'll rephrase that... how is it a sin?
[15:17] {patience} i wonder if it was male or female prostitution ring
[15:18] {Threei} unless he was involved as a prostituite...
[15:19] {dino} lol patience
[15:19] {lumdus} bye bye eliiot. maybe we get a new good governor. thank goodness
[15:21] {cosmo} well...that's politics...
[15:21] {dino} have to be nuts to get into politics
[15:22] {dino} sm l aapl .45
[15:23] {Threei} one last pullback maybe, then off to 121
[15:24] {dino} $5500, magoo says why not become one, i think he'll need to drop a few lbs.
[15:25] {Threei} got .43
[15:25] {Threei} go AAPL
[15:27] {Threei} ah come on
[15:28] {Threei} half out .70
[15:29] {lumdus} again, i missed this. damm, i fell asleep
[15:30] {Threei} good boy
[15:30] {Threei} move
[15:30] {lumdus} rimm going nicely also
[15:30] {Chaeron} don't feel badly lum. I tried and missed... would have rather slept
[15:30] {GeoArb} do you have an audio alert on vad?
[15:31] {Threei} S&P LOWERS 87 RATINGS ON 15 US CDOS OF ABS; $8.956B AFFECTED
[15:31] {lumdus} bout time they did that
[15:31] {Threei} if I read market right it should shake off this and go up anyway
[15:32] {Threei} but stop is .29 for the balance
[15:33] {Threei} here we go
[15:33] {Threei} up up and away
[15:34] {lumdus} in with you .37
[15:34] {Threei} good etry
[15:34] {Threei} if I were smarter I would have gotten back that half I sold at .70
[15:34] {lumdus} now all i need is good exit and we have a "good trade"
[15:34] {Threei} just protect half
[15:34] {Threei} you have nice profit, why risk it all
[15:36] {Threei} out balance
[15:37] {Threei} too good day to spoil it
[15:38] {lumdus} yeah, very good day.
[15:38] {GeoArb} nice.....
[15:43] {Threei} bears win again
[15:43] {Threei} good to see
[15:43] {cosmo} MNKD salmon
[15:44] {Threei} those rallies were more of disruption of normal order of things
[15:44] {cosmo} red salmon
[15:47] {Threei} Ok guys, going to call it a day
[15:47] {Threei} too close to eod for me to try and do something else
[15:47] {GeoArb} thanks vad
[15:47] {magoo} ty vad
[15:47] {Threei} we are up nicely day after day while whole street is hurting
[15:48] {Chaeron} yep - many thanks again Vad
[15:48] {Threei} not going to mess with it
[15:48] {ThurstonHowellTheThird} ty good night
[15:54] {magoo} goodnite all..TY
[15:58] {dino} syke
[08:03] {Threei} HITK REPORTS Q3 -$0.14 V 0.01E, R$15.1M V 20.4ME
[08:45] {Threei} BANK OF AMERICA: FORECASTS 50BPS FED CUT ON MARCH 18; EXPECTS FED FUNDS AT 1.50% BY MID-2008
[08:55] {magoo} morning
[08:56] {Threei} mags :)
[08:57] {Threei} [SEED] Origen Agritech Ltd. Announces nationwide corn seed approvals and additional provincial approval
[08:57] {Threei} - Ministry of Agriculture has approved two of the Company's new corn hybrid varieties to its product line for nationwide distribution during the next sales season.
[08:58] {Threei} ADAM COLLABORATING WITH GOOG ON NEW HEALTH OFFERING
- Company has entered into a content license agreement with Google, in which A.D.A.M. content will be integrated into a feature of Google Health that allows consumers to get information from A.D.A.M. on selected diseases and medical conditions.
[08:58] {Threei} - As recently announced, Google Health is currently in a pilot program with the Cleveland Clinic and is not yet publicly available.
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:04] {dino} gm all
[09:04] {Threei} dino!
[09:04] {Threei} wqelcome back
[09:05] {Threei} how was the vacation?
[09:05] {dino} ty, great time
[09:06] {Threei} I take it, no snow where you were
[09:06] {Threei} which is much more than the rest of continent can say {G}
[09:07] {dino} :)
[09:07] {dino} SO WHAT AM I MISSING, WORLD COMING TO AN END AGAIN?
[09:07] {Threei} sure, as usual
[09:07] {dino} opps, caps lock
[09:08] {cosmo} actually, the world is just beginning......again
[09:09] {Threei} I successfully managed to et about 5 people to hate me passionately... they called to cplain about huge snowstornm, and I (kindly as usual) pondered out loud whether to mow my grass today or wait till next week
[09:09] {Threei} best way to get "I hate you", works every time
[09:09] {dino} it's freezing here, so knock it off
[09:09] {Threei} there
[09:09] {Threei} :)
[09:12] {cosmo} FDA likes SPPI drug
[09:18] {Threei} worth watching for possible momo, 3 is important resistance for it
[09:18] {cosmo} LVLT: Level 3 announces that President and COO Kevin O'Hara is resigning; Sunit Patel, co's current CFO, will continue in the role of CFOBriefing.com(Mon 8:04am)
[09:19] {cosmo} ...trying to get up off the floor
[09:26] {cosmo} 2.05 so far...
[09:27] {lumdus} gm all. still can't get in automatically. no biggie
[09:27] {Threei} hi lum
[09:27] {bruce} it is for me lum
[09:28] {Threei} we had somewhat indecendtly good week last week... as Mondays often do, this morning looks fairly uncertain
[09:28] {Threei} I am going to take it slowly
[09:28] {Threei} see what transpires
[09:28] {bruce} takes about 76 tries on average for me to correctly type a sequence of numbers like thaqt
[09:29] {Threei} why type... copy/paste works
[09:29] {bruce} dif computers for chat and email vadster
[09:29] {Threei} oh
[09:29] {cosmo} its not ethicaplus...
[09:29] {Threei} are they netwroked?
[09:30] {bruce} no - haven't bothered
[09:30] {Threei} there are rumors of emergency rate cut
[09:30] {bruce} not really a big deal anyway- just teasing
[09:30] {bruce} good to have you back dino
[09:30] {Threei} can cause abnormal volatility when they confirm or turn out bs
[09:30] {bruce} you know the wstory - good trading week during yoru absence
[09:31] {Threei} SPPI jumped out of the gate
[09:31] {Threei} not chasing
[09:31] {bruce} you goona need a month to "dry out" from holidays dino?
[09:31] {Threei} pullback closer to 3 or consolidation
[09:33] {ThurstonHowellTheThird} gm all
[09:33] {bruce} initial market move looks to be to downside vad
[09:34] {Threei} thtt :)
[09:35] {esemde} morning...somebody still does not like me.....cannot log on automatically still
[09:35] {Threei} ese :)
[09:35] {magoo} me either, or dino
[09:35] {Threei} SPPI
[09:35] {Threei} worth a try close to 3
[09:36] {dino} ty bruce
[09:36] {bruce} k with stop to .90 or so?
[09:36] {Threei} RIMM short with stop above .30
[09:36] {Threei} aww
[09:36] {Threei} late
[09:36] {Threei} yes bruce
[09:37] {Threei} watching this bounce RIMM
[09:38] {Threei} want it closer to resiatnce
[09:38] {Threei} and watch NQ, don't shoet into buying
[09:38] {bruce} me too - not taking it w .40 stop
[09:38] {Threei} no way
[09:38] {Threei} we know how violent bounces can be
[09:39] {Threei} save clean trade or let it go
[09:39] {Threei} save = safe
[09:39] {Threei} ok, both are bouncing
[09:39] {Threei} how about tat for violent?
[09:40] {Threei} no entry yet
[09:40] {Threei} market likely to jjump once more
[09:40] {Threei} in fact long for a scalp here is better idea ta the moment
[09:40] {Threei} with stop under 97
[09:41] {Threei} had to be fast, no chasing
[09:41] {magoo} in OUT
[09:41] {Threei} got .16 entry while typed alert
[09:41] {magoo} TY vad...29 to .75
[09:41] {Threei} :)
[09:41] {magoo} so fast
[09:41] {Threei} .16 - .62 here
[09:42] {Threei} now, try to do this trade AND type in the room - you can be a professional street juggler
[09:42] {magoo} really..i appreciate what u doi
[09:42] {bruce} aapl breaking long
[09:42] {Threei} ty
[09:42] {bruce} would need to consolidate a bit
[09:43] {dino} aro s .72, stop .02
[09:44] {magoo} any go for SPPI
[09:44] {Threei} yes
[09:45] {lumdus} that's a damm small run on SPPI for FDA approval
[09:45] {Threei} 3.02 with 2.94 stop
[09:45] {Threei} out
[09:46] {bruce} sppi starting to look like short
[09:47] {Threei} watching LLTC
[09:47] {Threei} not sure of setup yet
[09:47] {Threei} .37 Frid high
[09:48] {Threei} and topped out at .38 at 03/05
[09:48] {bruce} vad - you like rimm long on .34 break?
[09:49] {Threei} if holding 98
[09:49] {Threei} but then againb,
[09:49] {Threei} if NQ resumes upward from here
[09:49] {Threei} I'd just get it aggressively
[09:50] {bruce} long setup coming in lltc on 31 break
[09:50] {bruce} .31
[09:51] {Threei} yes, if holding above .20
[09:51] {Threei} from daily chart point of view that would be agressive entry
[09:51] {bruce} lloks like best prospect for moment
[09:51] {Threei} I agree
[09:52] {Threei} has salmonish look to it
[09:53] {Threei} trying
[09:53] {Threei} market help would be nice
[09:53] {bruce} l lltc at .31
[09:53] {magoo} in LLTC
[09:53] {magoo} .31
[09:53] {Threei} should catapult it over those highs
[09:54] {Threei} stop .19 for me
[09:54] {bruce} heres hoping -
[09:54] {Threei} and potential wise, well
[09:54] {magoo} waiting .47
[09:54] {lumdus} good entry magoo
[09:54] {Threei} unless we get market cruel dump, 30 is not out of question
[09:54] {dino} cov aro .54, +.20
[09:55] {Threei} that would take time of course which is not our friend in this market environment
[09:55] {Threei} so, either get your scalp on a good spike
[09:55] {Threei} or if you inclined to try for more
[09:55] {Threei} protect profit by partialling
[09:56] {Threei} .46 nearest resistance from 02/27
[09:56] {Threei} after that, nothing till 30
[09:57] {bruce} market not helping here
[09:57] {Threei} does it ever
[09:57] {Threei} lol
[09:57] {Threei} LLTC is holding like champ
[09:58] {Threei} third try
[09:58] {Threei} new high
[09:58] {Threei} broke last resistance
[09:58] {Threei} 1:2 here
[09:58] {Threei} forst partial
[09:58] {dptl} out half +.20 ty
[09:58] {bruce} half ut +.24
[09:58] {lumdus} out 1/2 also
[09:59] {magoo} out .54 TY BOSS
[09:59] {bruce} out all
[09:59] {magoo} yes
[10:00] {magoo} may reload
[10:00] {Threei} wtg guys
[10:00] {bruce} nice um vadster
[10:00] {ThurstonHowellTheThird} out .61 ty
[10:00] {Threei} JAN WHOLESALE INVENTORIES: 0.8% V 0.5%E
[10:00] {Threei} out 1/4 more .70
[10:00] {bruce} you're all lucky - my nasty habit of jinxing plays didn't kick in
[10:00] {Threei} lol
[10:00] {Threei} we overcame it bruce
[10:01] {bruce} hope so vad
[10:01] {Threei} last part stop trailed to .39
[10:01] {bruce} went through a few streak w more thatn 10 consecutive losses
[10:01] {Threei} want exit closer to 30
[10:01] {bruce} would think we'll see a pullback in it near here
[10:01] {Threei} takes a fighter to keep going bruce
[10:02] {GeoArb} gm all
[10:02] {Threei} prairie guys are tough
[10:02] {Threei} geo :)
[10:02] {Threei} ok LLTC
[10:02] {Threei} last jump
[10:03] {Threei} stop to .55
[10:03] {bruce} not tough - just frozen vad
[10:03] {Threei} lol
[10:03] {Threei} that'll do it
[10:03] {bruce} that was one strong stock
[10:03] {bruce} exit now looks pathetic
[10:03] {lumdus} out rest .79 thanks vad
[10:03] {Threei} lum :)
[10:03] {lumdus} what a way to start off the week.
[10:04] {Threei} let's finish the day on this note?
[10:04] {magoo} nice exit lum
[10:04] {Threei} just imagine how irritated Chaeron would be... he comes in, we all leave saying "we got our trade of the day"
[10:04] {lumdus} yeah, let's get it done. will be too funny
[10:05] * Threei is so looking forward to the moment of chaeron connection
[10:06] {Threei} out balance LLTC
[10:06] {magoo} vad, wheres a good bounce reentry on LLTC?
[10:07] {dino} gj lum
[10:07] {dptl} out too .60 ty
[10:07] {Threei} dp :)
[10:07] {bruce} was jut thinking .40 mags
[10:07] {bruce} vad?
[10:07] {Threei} closer to .40 I would get interested again, mags
[10:08] {Threei} bruce :)
[10:08] {magoo} yesah, cause it fell w/naz is ally
[10:08] {magoo} naz resumes maybe
[10:09] {Threei} don't push guys
[10:09] {Threei} such easy trades are rarity in this market
[10:09] {Threei} don't let it fool you into complacency
[10:10] {bruce} k - loved that trade vad - spead was naoorw and risk easy to cntrol with good pushes
[10:10] {magoo} right boss
[10:10] {magoo} mother mkt wants her $$ back
[10:12] {Threei} bounces off .40
[10:12] {Threei} if you grabbed it, keep ridiculously tight stop at .30
[10:12] {magoo} i did but .49
[10:12] {Threei} and be ready to take your scalp and not tempt trading gods too much
[10:13] {bruce} not I - wanted a green candle before entering
[10:13] {bruce} was thinking .49 break with .40 stop
[10:13] {bruce} but too late now
[10:14] {Threei} PYX short idea
[10:14] {Threei} PAYX
[10:15] {Threei} nearest resiatance is .35
[10:15] {bruce} therel -.47 stop .40
[10:15] {Threei} chaeron... replay working for ya?
[10:16] {Threei} scroll up
[10:16] * magoo slaps Chaeron around a bit with a large trout
[10:16] {dptl} lo Vad
[10:16] {dptl} lol
[10:16] {Threei} me ever so kind
[10:16] {dptl} yes
[10:16] {Threei} in PAYX
[10:16] {magoo} out stopped LLTC .40
[10:17] {Threei} .36 stop
[10:17] {Chaeron} yeah? well, the best trades of the day are only about to happen :)
[10:17] {Chaeron} GM all
[10:17] {Threei} hi :)
[10:18] {lumdus} chareon, lltc did well - we all thought about you.
[10:19] {Chaeron} thanks lum :) Stick around... more trades like that to come... unless you're rich enough already :)
[10:19] {dino} ahg s .21 stop .51
[10:20] {Threei} didn't take long, lol... 7 cents stop PAYX
[10:25] {Chaeron} .
[10:27] {magoo} rimm bouncer maybe w/mkt??
[10:27] {magoo} not oin...watching
[10:27] {dino} fwlt l .90, sm, stop lod
[10:27] {bruce} mon looks like longretracement - risky
[10:29] {magoo} now THATS why RIMM is nasty
[10:32] {lumdus} short rimm .41 stop .50
[10:32] {magoo} careful IMHO
[10:32] {magoo} naz looks up
[10:33] {lumdus} stop b/e
[10:33] {lumdus} magoo not happy with my trade
[10:34] {Threei} NEM long half lot, stop under .40
[10:34] {Threei} right here
[10:35] {dino} out fwlt .35, +.45
[10:35] {magoo} in, where u at?
[10:35] {magoo} .60
[10:35] {lumdus} magood my rimm stop is a hard one. so i just leave it.
[10:35] {bruce} hafta head out
[10:35] {bruce} good trading all
[10:36] {magoo} WAIUTTTTTTTTT
[10:36] {Threei} feel free to take scalp NEM
[10:36] {Threei} 25 cents
[10:36] {Threei} nice and easy
[10:37] {lumdus} i going to hold nem longer
[10:37] {Threei} me no responsible
[10:37] {dino} idxx blood
[10:37] {lumdus} ok boss i understand that
[10:41] {dino} ahg stopped .41 -.19
[10:44] {magoo} out NEM here .87 TY vad
[10:44] {Threei} welcome sir
[10:44] {magoo} i have apptmt, be back 45 min
[10:44] {magoo} NICE start
[10:44] {lumdus} magoo, after .73 no need to thank vad. he not responsible.
[10:45] {magoo} HE HE
[10:45] {lumdus} soon i post sold nem 51 + 2.50 and NO thank you vad.
[10:48] {Threei} lol lum
[10:48] {Threei} I'll survive that
[10:48] {Threei} I acepted life as generally thankless endeavour
[10:49] {lumdus} common Nem make vad mad. go to 51 at least !
[10:49] {Threei} me be no mad
[10:50] {lumdus} ok, sold 49.99
[10:50] {lumdus} + . who the heck knows
[10:50] {Threei} wtg
[10:50] {lumdus} no thank you vad from .73 till .99 before that thank you.
[10:51] {Threei} what was your entry?
[10:51] {lumdus} .64
[10:51] {Threei} wow... much higher than I envisioned
[10:52] {Threei} it was .49 - .50 at the time of alert
[10:53] {lumdus} by the time i woke up .. you know,
[10:54] {Threei} hehe
[10:54] {Threei} it's just that such entry greatly diminished my thank you part
[10:54] {Threei} and distrotred ratio if favor of no thank you part
[10:54] {lumdus} oh ok. i am basically happy with the morning.
[10:55] {lumdus} easy money and traded 2 x lot - so ready to quit soon.
[11:04] {esemde} L VMED .70 1/2
[11:08] {Threei} looking to short RIMM
[11:08] {Threei} .50 resistance
[11:09] {Threei} in
[11:09] {Threei} .51 stop
[11:10] {Chaeron} in .37
[11:11] {Threei} no worky
[11:11] {Chaeron} stopped -0.15
[11:13] {Threei} shakeout...
[11:14] {Threei} ugh
[11:16] {Chaeron} *sigh* it's cause I got in boss
[11:18] {Threei} right idea but overtightened stop
[11:18] {dino} lncr s .77, stop .03
[11:20] {GeoArb} 03 or 83?
[11:20] {GeoArb} (trying to learn)
[11:21] {Threei} almost buck RIMM
[11:21] {Chaeron} } {
[11:23] {dino} geoarb,asking me?
[11:23] {GeoArb} yes
[11:23] {dino} .03, s=short
[11:23] {GeoArb} i was asking about stop
[11:24] {GeoArb} .03 or .83
[11:24] {GeoArb} as i didnt see .03 prev res
[11:24] {dino} .03 is stop, i'm short from .77
[11:24] {GeoArb} ok
[11:24] {GeoArb} thanks
[11:25] {dino} np=no problem
[11:26] {dino} now, we need it to die
[11:26] {Threei} 122 break short AAPl, if stays under .20
[11:29] {Threei} 1:1
[11:29] {esemde} stopped VMED .59
[11:29] {esemde} didn't want to keep it if it broke .60 support
[11:30] {esemde} talk about yer basic Blahhhhh market
[11:31] {Chaeron} took .23 from mkt on AAPL ... thanks Vad
[11:32] {Threei} welcome
[11:32] {esemde} that would have been the better trade for sure.....
[11:32] {Threei} 1:2 almost, out in full
[11:35] {dino} ot: you guys want to laugh?
[11:35] {Chaeron} always
[11:36] {dino} just received an email from realtor on foreclosure i bid....they asked $65k on 1200 sq ft ranch, on 1 acre, I bid $35k, they considered it for two weeks and finally said no. in the meantime another one they wanted $120k, I bid $70k, they took it at $80 (1800 sq ft 2 story) a steal
[11:37] {dino} so got one of two
[11:37] {GeoArb} what neighbourhood/state?
[11:38] {dino} pennsylvania, great, lake neighborhood. it should go for $180k after some minor repairs
[11:38] {GeoArb} nice
[11:39] {dino} the $35k bid cracked me up tho, had fun throwing that out there, a car costs more
[11:40] {Threei} in trading it calls stink bids :)
[11:41] {dino} ahhh, but they considered it, sometimes they try to wait you out, don't doubt in 30 days they contact me
[11:52] {Threei} EARING WEAKNESS IN FINANCIAL STOCKS BEING PARTIALLY ATTRIBUTED TO RUMORS ABOUT CREDIT RELATED PROBLEMS AT BEAR STEARNS- Reminder earlier Moody's downgraded some Bear Stearns Alt-A deals, cutting 163 tranches of 15 transactions
[11:52] {dino} lncr, downgrades to sell, market drops, it goes up, kindda sucks
[11:53] {Threei} AAPL long 112 break
[11:53] {Threei} stop under .80
[11:53] {Threei} 122 that was
[11:54] {Chaeron} thx
[11:54] {Threei} invalidated anyway
[11:58] {dino} l idxx .83, stop .53
[11:58] {bruce} rimm selling off to friday low vad - not sure where any entry would be
[11:59] {bruce} maybe a bounce first?
[11:59] {Threei} not sure
[12:00] {bruce} l 94.80 stop 94.60
[12:00] {Threei} HEARING CHATTER BSC DENYING INSOLVENCY RUMORS
[12:01] {bruce} out +.22 quick one to one
[12:01] {Threei} good feel
[12:01] {bruce} just luck vad
[12:01] {Threei} sure
[12:02] {bruce} lookinglike scalp was way to go
[12:02] {Threei} certainly
[12:02] {Threei} rumors flying around
[12:02] {bruce} I like it sho0rt now
[12:02] {Threei} market nervous
[12:03] {magoo} bacxk
[12:03] * bruce slaps magoo around a bit with a large trout
[12:04] {magoo} u guys make some cake without magoo?
[12:04] {Threei} bruce does
[12:04] {dino} no
[12:04] {Threei} and chaeron
[12:04] {dino} bruce yes
[12:05] {Threei} one hungry bear we have
[12:06] {bruce} probably russian - the bear that is
[12:06] {dino} bsc -8
[12:07] {Threei} watching DBA for long scalp
[12:07] {Threei} either pullback into 39.80
[12:07] {Threei} or 40 break
[12:07] {Threei} pullback is my preference of course
[12:09] {Threei} stop .89 if went for break
[12:10] {Threei} ACE GREENBERG: LIQUDITY RUMORS ARE 'TOTALLY RIDICULOUS' - COMMENTS TO CNBC
[12:11] {Threei} re BSC
[12:12] {Threei} stop to .95 DBA
[12:12] {Threei} 1:1
[12:14] {Threei} if you all are asleep, what am I doing here?
[12:14] {GeoArb} heh
[12:14] {GeoArb} (still waiting for laser activation)
[12:14] {magoo} HEY
[12:14] {magoo} i just got back and want some
[12:14] {magoo} i just missed that
[12:14] {Threei} argh
[12:14] {Threei} easy 130 bucks
[12:15] {Threei} no single downtick from trigger
[12:15] {magoo} rub it in sam {george to saqm waynewrite in Its a wonerfull life}
[12:16] {GeoArb} do you trail your stops vad?
[12:16] {Threei} not on scalps as a rule
[12:16] {GeoArb} ok
[12:16] {Threei} on daytrades, sure
[12:17] {GeoArb} id rather scalp first as i can only trade first half
[12:17] {dino} idxx stop to .07
[12:18] {bruce} vad - what you think of nvda long on 19 brak w 10 c stop?
[12:18] {Threei} of course
[12:19] {dino} wow, i go away, vad gets polite
[12:19] {Threei} do I?
[12:19] {Threei} hmmm
[12:19] {Threei} something's wrong
[12:19] {Threei} I'll work on it dino, I promise
[12:19] {dino} ty
[12:19] {Threei} don't want to send wrong message
[12:20] {dino} and magoo brings me a big mac, chaos all about
[12:20] {dino} idxx stop to .13
[12:22] {esemde} Oh sure.....VMED.....
[12:22] {tomg} ty vad, 3 out of 4, good day, see y'all tomorrow
[12:22] {Threei} beautiful tom
[12:22] {Threei} wtg
[12:22] {tomg} ty
[12:22] {dino} nice
[12:22] {Threei} and no, I am not calling you beautiful
[12:22] {tomg} :))
[12:23] * Chaeron slaps Threei around a bit with a large trout
[12:23] {Threei} nor you chaeron
[12:23] * Threei is hiding under the nearest rock
[12:23] {Chaeron} awwwwwww
[12:23] * magoo slaps Threei around a bit with a large trout
[12:23] {Threei} sheesh
[12:23] {magoo} my rock
[12:23] {Threei} what's with slapfest
[12:23] {Threei} ahh
[12:23] {magoo} find your own
[12:23] {Threei} sorry
[12:24] {Threei} I thought 6 pack would serve as a pass
[12:24] {Threei} apparently I'll have to go drink it with dp
[12:24] {dptl} :)
[12:24] {Threei} he is wifeless anyway for while
[12:25] {dptl} yep
[12:25] {Threei} gotta soften his suffering by beer
[12:25] {dptl} good idea
[12:25] {dino} out idxx .23, +.40
[12:26] {magoo} excuse me..get out..BUT..leave the beer
[12:28] {bruce} nice one dino
[12:29] {dino} ty bruce
[12:30] {magoo} aapl vad? bouncer/
[12:33] {Threei} not sure mags
[12:33] {Threei} can turn out a bear flag just as well
[12:33] {magoo} yeah
[12:33] {Threei} I am all for 50/50 trade but under ne condition only
[12:33] {Threei} one
[12:34] {Threei} entry right at support/resistance, so stop is ridiculously small
[12:34] {Threei} then it's just a risk based setup
[12:34] {Threei} kind of : to the heck with 2-5 cents stop, with such small risk I can go for coin toss
[12:35] {Threei} if we have usual size of a stop, I want trade to be compelling
[12:35] {Threei} oh boy TMA
[12:36] {Threei} sic transit gloria mundi
[12:36] {bruce} et tu brute?
[12:36] {bruce} thats the only latin I know
[12:36] {Threei} same language anyway, lol
[12:37] {bruce} or weni widi wici
[12:37] {bruce} we came we saw we traded
[12:37] {Threei} in vino veritas?
[12:37] {bruce} thats an exagerated translation
[12:38] {bruce} lol
[12:38] {bruce} good one vadster
[12:38] {Threei} or in magoo caes, in beer veritas
[12:38] {bruce} that ones in wine we trust
[12:40] {Threei} bidding TMA at .0001
[12:40] {dino} or as in mexico, cervesa
[12:40] {Threei} 1 million shares
[12:40] {Threei} if get filled, will scalp .0002
[12:40] {bruce} lol - pay in peso to reduce risk
[12:41] {GeoArb} (looking for the red scalp button)
[12:41] {Threei} I have some mongol tougricks
[12:51] {bruce} cool
[12:51] {bruce} that opens the world to a whole new finacial term
[12:52] {bruce} will that be cash or tougricks?
[12:52] {Threei} lol
[12:52] {bruce} in canada of course we mostly just use beaver pelts
[12:54] {cosmo} those are scalps, ye know...
[12:54] {bruce} vad - thoughts on rimm short here?
[12:54] {Chaeron} oi
[12:54] {dptl} cprt?
[12:54] {Threei} doesn't feel right bruce
[12:55] {bruce} k
[12:55] {bruce} staying on sidelines
[12:55] {Threei} BSC
[12:55] {Threei} NO TRUTH TO LIQUDITY RUMORS - WIRE CITING SPOKESMAN
[12:57] {dino} idxx l .79
[12:57] {Chaeron} nice on CRPT dptl
[12:59] {dptl} l 37.08
[12:59] {dptl} out +.22
[13:01] {Threei} disgusting
[13:01] {dptl} lol
[13:01] {Threei} who told you you can just go and take someone's money like that?
[13:01] {Chaeron} they gave it to him
[13:02] {Threei} so what polite decent people do?
[13:02] {Threei} they call lost and found
[13:02] {dptl} ye it was right there:)
[13:02] {Threei} return wallet
[13:08] {bruce} vad - q's appear to be staging in a narrow range - 30 c up and down last hour and half- we may get a respectable pop if it breaks either way
[13:10] {Threei} yeah
[13:17] {bruce} at moment crpt quietly approaching highs now - you think long break worth shot ?
[13:19] {Threei} I wouldn't bruce
[13:19] {dptl} fdo?
[13:19] {Threei} this is not a safe stock
[13:20] {bruce} k- _ i like pattern but hate volume
[13:20] {bruce} setting it aside
[13:21] {dino} idxx stop to .07
[13:22] {dino} smts?
[13:25] {dino} out idxx .14 +.35
[13:27] {bruce} got smts on radar dino
[13:28] {dino} thoughts?
[13:28] {bruce} q's breaking lows
[13:28] {bruce} still looks short to me dino despite big dump so far
[13:29] {dino} thinking l, sm at some point, .40ish
[13:29] {dino} maybe a buck or so in it
[13:29] {bruce} theres a big volume spike so maybe it's done - but I don't have any confidence in ti as long yet
[13:32] {bruce} any plays vad _ we may get boucne here - could try a long in aapl or rimm ?
[13:34] {Threei} nothing worth risk yet bruce
[13:35] {bruce} k we have 25c range forming in rimm now
[13:35] {bruce} and can go either way
[13:35] {dino} expe
[13:38] {Chaeron} MORGAN STANLEY RAISED EXPE TO EQUAL WEIGHT FROM UNDERWEIGHT (TIMING UNCERTAIN)
[13:38] {Chaeron} EXPE
[13:38] {Threei} that's a very dubious reason for a spike like this
[13:39] {dino} indeed
[13:39] {Chaeron} they were tired of holding it.....
[13:45] {GeoArb} test
[13:46] {Threei} passed
[13:46] {GeoArb} :)
[13:51] {magoo} news SPIKE?
[13:51] {Threei} ?
[13:51] {Threei} where?
[13:51] {magoo} qqq spoike
[13:52] {Threei} I don't see anything out of ordinary
[13:52] {dptl} got to leave early (slacker)...good day Vad ty........see you all tomorrow ,have a good the rest of the day:)
[13:53] {Threei} take care dp
[13:53] {bruce} bye dp
[13:53] {bruce} rimm keeps testing those lows vad
[13:54] {Threei} looks ready to drop
[13:54] {Threei} but NQ will decide ultimately
[14:02] {bruce} die rimmsky
[14:06] {dino} smts partial fill l .76
[14:07] {bruce} great entry dino
[14:07] {dino} partial, spiked on me
[14:08] {bruce} yes - was thinking you must have been reading it's mind - entered exactly before spike
[14:09] {dino} lucky, but not enough luck
[14:10] {bruce} you've got 70c - I'd have been out already on that spike
[14:10] {dino} 100 shares
[14:11] {dino} have to talk to chuck
[14:12] {dino} ilmn lod
[14:12] {bruce} lunch money in vads words
[14:13] {dino} yeah, should just book it and look again
[14:17] {magoo} ELIOT SPITZER caught in prostetution RING
[14:17] {magoo} 550 dollar hookers
[14:17] {magoo} the emporers club
[14:18] {magoo} hes CNBC now
[14:19] {bruce} fslr down big today dino
[14:19] {dino} filling gap
[14:20] {bruce} you get out smts?
[14:20] {dino} no waiting for more at .76
[14:20] {GeoArb} truth stranger than fiction
[14:21] {dino} looks like i'll get it
[14:21] {bruce} k
[14:21] {dino} yes
[14:22] {dino} got it
[14:22] {bruce} hope it works - I still don't like it long
[14:23] {dino} hard stop at .08
[14:23] {magoo} no one cares?elliot caught....he got alot of enemies
[14:23] {Threei} I bet those enemies sent those gals to him
[14:23] {dino} to .15
[14:24] {dino} out, slip ave .08, +.32
[14:24] {dino} i bet you're right
[14:25] {bruce} lol - whos eliot?
[14:26] {Threei} things become inetersting
[14:26] {bruce} glad you exitied dino
[14:26] {bruce} theres that rimm pattern vad -
[14:26] {dino} thx, but its holding so far
[14:26] {bruce} 1 dollar move on break of major level
[14:30] {dino} lncr bstop to .75\
[14:30] {lumdus} interesting .. yeah, maybe i go fishing more exciting
[14:31] {bruce} lol
[14:31] {bruce} poor lum
[14:31] {bruce} if hes not trading something that moves a buck a minute he's bored out of his goard
[14:32] {dino} lol
[14:32] {Threei} very orderly selling
[14:32] {Threei} somewhat unusual, typically we had a lot of attempts to breakd the fall but today it's a very nice slow slide
[14:33] {magoo} meaning boss}
[14:33] {bruce} fslr will give you the action you want lum
[14:33] {bruce} yes - not an explosive move for sure
[14:33] {Threei} bear becomes firmly established mags
[14:33] {Threei} harder to interrupt its moves
[14:34] {Threei} if this becomes a new pattern, shorts will work easier
[14:34] {Threei} less shakeouts
[14:34] {bruce} thats a relief
[14:34] {bruce} all for that
[14:35] {magoo} oh..ok
[14:36] {Threei} I don't want to jump to conclusion on one day basis but this is something to watch for
[14:37] {magoo} we have had some furocious spikes into last two hurs of late tho
[14:37] {dino} fstr l .00 stop lod
[14:37] {lumdus} tx bruce. i always count on my friends to back me up .. hee hee
[14:37] {Threei} nothing of kind we saw last week mags
[14:38] {Threei} just usual ounces
[14:38] {Threei} not those vicious rallies killing shorts
[14:38] {dino} lncr cov .73, all day for .04
[14:39] {lumdus} in rimm 94.35 stop 94.12
[14:40] {lumdus} entry was good looked like we go up. but maybe i one of those who go for sucker rally.
[14:40] {bruce} welcome lum
[14:42] {bruce} you in fslr 182 dino?
[14:44] {dino} not w/oih -4
[14:44] {lumdus} rimm cost me -.22 ooch
[14:44] {bruce} not bad for rimm trade lum
[14:48] {Threei} if NQ doesn't lose 1680 anymore, bottom for the day is in
[14:49] {dino} fstr stopped
[14:49] {Threei} AAPL will be my long preference
[14:50] {bruce} sorry dino - tricky - had 180.80 bid then chicked out on it
[14:50] {Threei} .50 break AAPL
[14:51] {Threei} stop under .30
[14:51] {Threei} not a pure scalp, going to partial out
[14:51] {magoo} in whicha
[14:52] {Chaeron} me2
[14:52] {Chaeron} 0.49
[14:55] {Threei} come on
[14:56] {Chaeron} out\
[14:56] {magoo} really, i,m scalpin if get the chance
[14:56] {bruce} stopped aapl
[14:56] {Threei} yup
[14:56] {Chaeron} pos
[14:56] {Threei} no spine NQ
[14:58] {bruce} exactemundo
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {bruce} pos
[14:58] {Threei} now tell us what you really think
[14:58] {bruce} hmmmm
[14:58] {bruce} pos?
[15:00] {bruce} dino - thinking fslr worth tyr long around 180 if gets there - w 40 c stop
[15:00] {Chaeron} from some movie... Will Smith... stood for piece of ...
[15:00] {bruce} let us all guess chaeron
[15:00] {Threei} sun?
[15:01] {Threei} snow?
[15:01] {bruce} string?
[15:01] {cosmo} i like snow...
[15:01] {Threei} serenity?
[15:01] {Chaeron} yep... all those :)
[15:01] {Threei} yes serenity
[15:01] {bruce} especially serenity
[15:01] {bruce} thats a cool one
[15:01] {bruce} yeah right serentity
[15:05] {bruce} out to appointments
[15:05] {bruce} rule is any money you make in my absense should be SHARED
[15:06] * bruce slaps magoo around a bit with a large trout
[15:06] {bruce} thats for god luck
[15:06] {bruce} good luck too
[15:11] {dino} maybe bruce
[15:16] {Threei} NY GOVERNOR SPITZER INDICTED BY FEDERAL COURT IN NY; SPITZER EXPECTED TO RESIGN - FOX NEWS- In audio message apologizes to family and the public, no further details released
[15:17] {Threei} so what was his sin again?
[15:17] {patience} involved in a prostitution ring
[15:17] {GeoArb} pay for play?
[15:17] {Threei} I'll rephrase that... how is it a sin?
[15:17] {patience} i wonder if it was male or female prostitution ring
[15:18] {Threei} unless he was involved as a prostituite...
[15:19] {dino} lol patience
[15:19] {lumdus} bye bye eliiot. maybe we get a new good governor. thank goodness
[15:21] {cosmo} well...that's politics...
[15:21] {dino} have to be nuts to get into politics
[15:22] {dino} sm l aapl .45
[15:23] {Threei} one last pullback maybe, then off to 121
[15:24] {dino} $5500, magoo says why not become one, i think he'll need to drop a few lbs.
[15:25] {Threei} got .43
[15:25] {Threei} go AAPL
[15:27] {Threei} ah come on
[15:28] {Threei} half out .70
[15:29] {lumdus} again, i missed this. damm, i fell asleep
[15:30] {Threei} good boy
[15:30] {Threei} move
[15:30] {lumdus} rimm going nicely also
[15:30] {Chaeron} don't feel badly lum. I tried and missed... would have rather slept
[15:30] {GeoArb} do you have an audio alert on vad?
[15:31] {Threei} S&P LOWERS 87 RATINGS ON 15 US CDOS OF ABS; $8.956B AFFECTED
[15:31] {lumdus} bout time they did that
[15:31] {Threei} if I read market right it should shake off this and go up anyway
[15:32] {Threei} but stop is .29 for the balance
[15:33] {Threei} here we go
[15:33] {Threei} up up and away
[15:34] {lumdus} in with you .37
[15:34] {Threei} good etry
[15:34] {Threei} if I were smarter I would have gotten back that half I sold at .70
[15:34] {lumdus} now all i need is good exit and we have a "good trade"
[15:34] {Threei} just protect half
[15:34] {Threei} you have nice profit, why risk it all
[15:36] {Threei} out balance
[15:37] {Threei} too good day to spoil it
[15:38] {lumdus} yeah, very good day.
[15:38] {GeoArb} nice.....
[15:43] {Threei} bears win again
[15:43] {Threei} good to see
[15:43] {cosmo} MNKD salmon
[15:44] {Threei} those rallies were more of disruption of normal order of things
[15:44] {cosmo} red salmon
[15:47] {Threei} Ok guys, going to call it a day
[15:47] {Threei} too close to eod for me to try and do something else
[15:47] {GeoArb} thanks vad
[15:47] {magoo} ty vad
[15:47] {Threei} we are up nicely day after day while whole street is hurting
[15:48] {Chaeron} yep - many thanks again Vad
[15:48] {Threei} not going to mess with it
[15:48] {ThurstonHowellTheThird} ty good night
[15:54] {magoo} goodnite all..TY
[15:58] {dino} syke
