RealityTrader Trading Log

Friday, March 14, 2008

Mar 14 2008

Session Time: Fri Mar 14 00:00:00 2008

[08:33] {Threei} *FEB CONSUMER PRICE INDEX M/M: 0.0% V 0.3%E; CPI EX FOOD_ENERGY M/M: 0.0% V 0.2%E; CPI NSA: 211.693 V 212.223E
[08:34] {magoo} morning
[08:34] {Threei} Good morning
[08:34] {Threei} market loved the numbers
[08:36] {magoo} man vad, thats a 100 point spin in dow {again}
[08:37] {magoo} boy, i wouldn't want to be short
[08:37] {magoo} shorts keep getting slammed
[08:37] {Threei} no kidding
[08:38] {Threei} just when it looks like everything goes to hell in basket, market stages rally of scale that would be impressive even in a bull market
[08:48] {magoo} u made good point yesterday...how little $5 stx don't move anymore...they will....but at least we adapted
[08:48] {Threei} I miss them
[08:49] {Threei} not their time in cycle...
[08:50] {magoo} me too...couple bucks up mom..nice
[08:51] {magoo} jesus..even doug kass {ultimate perma short} oin cnbc saying if we go up today..he going home and re evaluate
[08:52] {magoo} talking heads saying shorts are suicidal
[08:52] {Threei} there you go
[08:52] {magoo} 3 abk crushes, a s&p crush, and today crush
[08:52] {Threei} when everyone gives up an idea of a drop, bear returns
[08:53] {magoo} yeah, when talking heads say shorts hurting..time to short
[08:53] {Threei} that's what I said all along, and we have moved into stage 2 now
[08:53] {magoo} although, not yet
[08:53] {Threei} stage 1 was - everyone is bearing, market rallies
[08:53] {Threei} stage 2 - rallies make shorts nervous, sentiment changes slowly,
[08:54] {Threei} it's still hard to believe market can go up while such dark clouds are all over
[08:54] {Threei} but rally after rally makes people rationalize
[08:54] {Threei} and finally they say OK, things are not as bleak
[08:55] {Threei} stage 3 - everyone's convinced we dodged the worst, bear returns
[08:55] {Threei} ummm.. stage 4 - everyone says it was all huge manipulation
[08:56] {Threei} stage 5 - those who traded what they saw come out ahead,
[08:57] {Threei} those who traded what they thought... well, they as usual provided the the first group with money
[09:00] {cosmo} so, what now? ...time to buy real estate?
[09:02] {Threei} soon
[09:03] {cosmo} agree
[09:04] {cosmo} as a hedge...
[09:09] {cosmo} PWER
[09:09] {cosmo} In a letter to PWER mgmt, Bel Fuse (BELFA BELFB) CEO states "There are significant opportunities for the realization of synergies resulting from the combination of our businesses.
[09:10] {cosmo} 2.90 pre mkt high ...so far
[09:12] {GeoArb} good morning
[09:12] {Threei} geo :)
[09:13] {cosmo} TTHI: # Lilly and Transition Therapeutics Announce Licensing and Collaboration AgreementPR Newswire(Thu 5:26pm)
[09:16] {cosmo} SOLF
[09:17] {Threei} BCS
[09:17] {Threei} JPMORGAN CHASE AND FEDERAL RESERVE BANK OF NY TO PROVIDE FINANCING FOR A PERIOD OF 28 DAYS, WORKING ON PERMANENT FINANCING
[09:17] {Threei} - JP Morgan in conjunction with the Federal Reserve Bank of New York, has agreed to provide secured funding to Bear Stearns, as necessary, for an initial period of up to 28 days. Through its Discount Window, the Fed will provide non-recourse, back-to-back financing to JPMorgan Chase. JPMorgan Chase is working closely with Bear Stearns on securing permanent financing or other alternatives for the company.
[09:19] {esemde} good morning
[09:19] {dptl} good morning all
[09:19] {Threei} ese, dp :)
[09:21] {Threei} that was BSC, sorry
[09:21] {Threei} wrong symbol
[09:21] {Threei} RIMM
[09:21] {Threei} INDIAN TELECOM OPERATORS NEGOTIATING ON BLACKBERRY USAGE - WSJ- Reminder: On 3/10, there was a report the Indian gov't stated that messages sent using RIMM's system pose a threat to security, citing the difficulty of tracing and intercepting these messages.
[09:22] {Threei} what's with solars
[09:23] {esemde} there up so far this morning........hit rock bottom my guess
[09:24] {GeoArb} vad, whats the symbol of NQ in laser?
[09:24] {dino} gm all
[09:25] {Threei} "/nq8h" - without quotes
[09:25] {Threei} dino :)
[09:25] {GeoArb} 8h or h8?
[09:25] {Threei} 8h
[09:25] {GeoArb} thnx
[09:27] {magoo} why is BSC news considered bad??
[09:27] {magoo} 8 pt drop
[09:27] {Threei} there are more
[09:27] {dino} dogs and cats in sin, you guys talking real estate
[09:28] {Threei} CONFIRMS AGREED TO SECURED LOAN FACILITY WITH JPMORGAN CHASE; SAYS LIQUIDITY IN THE LAST 24 HOURS SIGNIFCANTLY DETERIORATED- agreement with JPMorgan Chaseto provide a secured loan facility for an initial period of up to 28 days allowing Bear Stearns to access liquidity as needed. Bear Stearns also announced that it is talking with JPMorgan Chase & Co. regarding permanent financing or other alternatives.
[09:28] {Threei} - Alan Schwartz, CEO of The Bear Stearns Companies Inc., said, "Bear Stearns has been the subject of a multitude of market rumors regarding our liquidity. We have tried to confront and dispel these rumors and parse fact from fiction. Nevertheless, amidst this market chatter, our liquidity position in the last 24 hours had significantly deteriorated. We took this important step to restore confidence in us in the marketplace, strengthen our liquidity and allow us to continue normal operations."
[09:28] {Threei} - The
[09:28] {Threei} - The company can make no assurance that any strategic alternatives will be successfully completed.
[09:28] {dino} jpm will be buying bsc
[09:28] {dino} at 40
[09:29] {Threei} ABK
[09:29] {Threei} RELEASES CHAIRMAN'S LETTER
[09:29] {Threei} very informative
[09:29] {esemde} inside info dino????
[09:30] {cosmo} SOLF pre mkt high = 10.90
[09:30] {cosmo} fwiw
[09:30] {dino} yes, from inside my gut
[09:31] {dino} they are on the ropes
[09:32] {esemde} TTHI Eli Lily wants to buy it
[09:33] {esemde} wants to commercialize it's diabetes treatments
[09:34] {bruce} qgen moving
[09:35] {bruce} lpnt 2 bucks out of gate dino
[09:36] {bruce} any tho0ughts on qgen .60 break vad?
[09:37] {Threei} if holding above ,45
[09:39] {bruce} you may like akns vad
[09:39] {Threei} solar
[09:39] {Threei} needs whole sector to move
[09:39] {Threei} rarely does it move alone
[09:40] {bruce} k
[09:40] {Threei} FSLR is strong
[09:40] {Threei} so AKNS does have a chance
[09:40] {Threei} although SOLF looks more promising as a follower
[09:40] {magoo} rimm falls
[09:42] {esemde} strong indeed Vad
[09:42] {bruce} should we try goog today curtis?
[09:42] {bruce} just for fun of course
[09:42] {Threei} don't wake up a monster bruce
[09:43] {magoo} curtis, take a look at BIDU
[09:43] {magoo} kidding
[09:43] {bruce} ah bidu is kids stuff
[09:43] {bruce} drys is better
[09:44] {Threei} SOLF is trying
[09:44] {Threei} watching how well it's holding while FSLR drops
[09:44] {Threei} if doesn'tr retreat under .70, will be a long candidate
[09:44] {Threei} .91 trigger
[09:46] {magoo} pretty good fall aapl
[09:46] {magoo} mkt still eractic
[09:47] {Threei} BSC
[09:47] {Threei} break of 50 short, half lot
[09:47] {Threei} ugh... too fast
[09:47] {Threei} no one got it I suppose
[09:47] {magoo} nope
[09:48] {tomg} i did vad
[09:48] {Chaeron} not me either... GM all
[09:48] {GeoArb} i got about 65 cents
[09:48] {Threei} wow guys
[09:48] {GeoArb} on the previous pivot
[09:48] {Threei} fantastic reflexes
[09:48] {GeoArb} only 100 shares though
[09:48] {tomg} about .60, ty vad
[09:48] {bruce} q's selling off vad
[09:49] {Threei} 2.5 points drop off trigger
[09:49] {Threei} hi chaeron
[09:49] {bruce} may be better short or wait for bounce to try longs
[09:49] {magoo} 2.5 seconds notice tho : )
[09:50] {tomg} out
[09:53] {magoo} it was 65 pre mkt
[09:54] {magoo} one of these days i gonna catch one of these
[09:54] {tomg} one of these days i'm not gonna jump out so quick :)
[09:54] {magoo} 7 points vad call now
[09:54] {GeoArb} wo
[09:54] {GeoArb} cought the BSC
[09:54] {GeoArb} \never seen so much money on 100 shares
[09:54] {dino} thought the shorts were toast
[09:55] {dino} buy the dips, sell the rips
[09:55] {Threei} that was yesterday dino :)
[09:55] {Threei} today longs turn
[09:55] {dino} this a.m. on cnbc
[09:55] {Threei} *MARCH PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 70.5 V 69.5E- 1 year inflation expectations at 4.5% v 3.6% in Feb
[09:56] {Threei} BSC, that's a bit too much
[09:56] {dino} yes was thinking 40
[09:57] {magoo} can u imagine buying at 65 this morn
[09:58] {ThurstonHowellTheThird} .....without using a stop
[09:58] {bruce} I bet dino shorted it
[09:58] {dino} icxt sm l .11, stop lod
[09:59] {Threei} bounce time near, RIMM
[09:59] {dino} chickened out bruce
[09:59] {Threei} one last leg down it seems
[09:59] {bruce} cluck
[10:00] {bruce} cluck
[10:00] {bruce} cluck
[10:00] {Threei} 17 points BSC
[10:00] {GeoArb} i am loving BSC
[10:00] {Threei} you still in?
[10:00] {esemde} Solars really following FSLR.....
[10:00] {GeoArb} out now
[10:00] {magoo} i was looking to short that pre mkt..no shit..but discipline prevailed
[10:00] {ThurstonHowellTheThird} wow
[10:00] {Threei} 21 points
[10:00] {Threei} mama mia
[10:00] {GeoArb} 600 bucks on 100-200 shares
[10:01] {GeoArb} thats gotta be luck
[10:01] {esemde} market just tanking........
[10:01] {Threei} OK RIMM
[10:01] {magoo} it going to negative 5
[10:01] {Threei} finger on a trigger
[10:01] {magoo} long right?
[10:01] {Threei} yeah, bounce scalp
[10:01] {Chaeron} [06:56] {Threei} BSC, that's a bit too much --- BSC to Vad "*I'LL TELL YOU WHEN I'VE THOUGHT IT IS ENOUGH" :)
[10:01] {Threei} lol
[10:02] {dino} 330pt range, fast today
[10:02] {magoo} my god virginia.it is end of times
[10:02] {Threei} about time
[10:02] {GeoArb} i need to learn hunting and fishing )
[10:02] {Threei} in
[10:03] {magoo} i resident hunter
[10:03] {Threei} out
[10:03] {Threei} that was fast 50 cents on RIMM
[10:03] {magoo} huh? make any?
[10:03] {dino} beyond here, there be monsters
[10:04] {GeoArb} being a newbies... i think ill stayoff countertrend
[10:04] {GeoArb} looks like ulcers
[10:04] {esemde} is it the Bears Stearns news thats the bringer of this doom?
[10:04] {Threei} part of it yes
[10:04] {patience} appears so
[10:04] {Threei} second part is sentimewnt change, CNBC starting talking bear is over
[10:05] {Threei} remember I said a few times
[10:05] {Threei} these ralies happen until outlook in masses in bearish
[10:05] {Threei} they will be over and we will see realdownturn once massses start belieivng it's over
[10:05] {magoo} vad..pull up my earlier commenyt..talking heads one
[10:06] {dino} buy the dips sell the rips, thats bear market trading
[10:07] {bruce} thinking of trying bsc bounce vad?
[10:07] {dino} in
[10:07] {Threei} no
[10:07] {dino} sm
[10:07] {bruce} toolate
[10:07] {dino} 36, 100
[10:07] {Threei} this move is too far beyind ordinary
[10:07] {esemde} this is not for the faint of heart today.....
[10:07] {Threei} can run into halt
[10:08] {Threei} can run into another news release
[10:08] {GeoArb} k
[10:08] {bruce} k- not even thinking of touching bsc
[10:08] {Threei} don't... this is get it early or stay away kind of thing
[10:08] {magoo} bsc lev 2 makes bidu look like nvda
[10:08] {Chaeron} fun to watch at least
[10:09] {magoo} i can't take itttttttttttt
[10:09] {Threei} oh yeah
[10:09] {Threei} this is one of those days
[10:09] {Threei} 1. get your popcorn
[10:09] {magoo} u know me vad..my natural instinct
[10:09] {bruce} shpgy break vad?
[10:09] {Threei} 2. set default shares half or third of your usual
[10:09] {magoo} trying discipline here
[10:09] {esemde} FSLR ...man that was a 14.00 tank before it turned around...wow
[10:10] {bruce} yeah mags - we know - partners in crime w lum and curitis
[10:10] {GeoArb} i bet laserdave has been whipping it all the way down
[10:10] {Threei} not my cup of tea bruce
[10:10] * Chaeron sets default shares to 5
[10:10] {bruce} k
[10:11] {Threei} 3. take notes of what happens today because this is one of those days you will be telling your grandkinds about
[10:11] {magoo} taking bets..i say close green
[10:11] {dino} black swan
[10:11] {Threei} Great Liquidity Crisis era, the day Bear Sterns fell
[10:11] {GeoArb} about time
[10:12] {GeoArb} poker/golf playing dufus
[10:12] {magoo} vad, how much u make on RIMM, ?
[10:12] {Threei} 50 cents
[10:12] {Threei} me chicken
[10:12] {magoo} only .40 here
[10:13] {magoo} my only trade
[10:14] {bruce} missed it - couldn't decide where to enter or how big stop should be
[10:14] {lumdus} good morning all. woke up damm late again.
[10:14] {GeoArb} i got about 3 dollars from bsc
[10:14] {lumdus} yeah, i missed the best trades i imagine
[10:14] {Threei} hi lum, missing all the fun
[10:14] {Threei} wqtg Geo
[10:14] {bruce} your kinda trades too lum
[10:14] {Chaeron} what a day lum..... we all got 25pts + on short of BSC :)
[10:15] {dino} wtg!!!
[10:15] {Threei} only 20 chaeron, don't make those exaggerated claims undermining our credibility
[10:15] {Chaeron} [07:01] {Threei} 21 points
[10:16] {Chaeron} I was close :)
[10:16] {Threei} hehe
[10:16] {Chaeron} and then dino covers and goes long for an additional 8 points... *wiping tear - thing of beauty*
[10:17] {dino} no, never shorted
[10:17] {Chaeron} so, other than that, how's your day going lum?
[10:17] {dino} icxt stop to .32
[10:17] {Chaeron} (you know I'm teasing lum... but we did miss you)
[10:17] {lumdus} vad, i got screwed today. my ctum changes to ctgi so i don't know if i am up or i am down
[10:17] {dino} out .33, +.22
[10:18] {Threei} CTGI is at 2
[10:19] {lumdus} holly smoke !
[10:19] {lumdus} tx.
[10:20] {bruce} market a t decisoin point after nice bounce - back down or up agiaqn?
[10:21] {bruce} these huge swings are hard (and scary ) to trade vad
[10:21] {Threei} look 2 points out of three I made above
[10:22] {GeoArb} i already trade only 100 shares :(
[10:22] {Threei} that's fine :)
[10:22] {GeoArb} (down to 30) HEHEHE
[10:22] {Threei} nash, keep it reasonable, lol
[10:23] {GeoArb} vad would like you to know I have paid for your course :D
[10:23] {Threei} watching XLF for bounce
[10:23] {GeoArb} thnks
[10:23] {Threei} wow Geo... I am happy to hear that
[10:23] {magoo} XLF not coming up here
[10:23] {Threei} sheesh... mags, you don't have some of major feeds
[10:24] {Threei} you have BSC quotes right?
[10:24] {magoo} what should i have?
[10:24] {magoo} yes
[10:24] {Threei} ok, then your NYSE is fine, but AMEX is not
[10:24] {magoo} ok, thats right, another amex last wk
[10:25] {bruce} amgn looking like long reversal play
[10:25] {magoo} ill tell evadresal
[10:25] {Threei} use BSC to time XLF bounce
[10:26] {magoo} how the hell i do that?????????????????????
[10:26] {Threei} you don't, you need to get AMEX feed first
[10:26] {magoo} ROFLOL
[10:27] {Threei} XLF long here with stop under 24
[10:27] {magoo} sigh..i guess i'm on my own
[10:28] {Threei} yup
[10:29] {Threei} FED BOARD VOTED UNANIMOUSLY TO OK JPM, BSC ARRANGEMENT, WILL CONTINUE TO PROVIDE LIQUIDITY AS NECESSARY
- Says will provide liquidity as neccessary to promote orderly functioning of financial system, monitoring market developments
[10:29] {magoo} fresh?
[10:29] {Threei} a few min ago
[10:30] {Threei} XLF 1:1
[10:30] {dino} pcar
[10:30] {Threei} half out for me
[10:30] {Threei} scalpers know what to do
[10:31] {Threei} if they don't they are not scalpers
[10:33] {GeoArb} vad do you use oms mudule for stops?
[10:34] {Threei} if I want to set auto stop, yes,
[10:34] {dino} pcar s break of .00
[10:34] {dino} sm
[10:34] {Threei} but I almost never do that
[10:34] {GeoArb} ok
[10:34] {GeoArb} so whats the alternative?
[10:34] {Threei} manual
[10:35] {Threei} I just click sell
[10:35] {GeoArb} yeah i was afraid of that
[10:35] {Threei} why?
[10:35] {GeoArb} market out?
[10:35] {Threei} best stop is on your fingertips
[10:35] {Threei} if a stock very thick, market
[10:35] {GeoArb} ok
[10:35] {Threei} otherwise same way as I do entries
[10:35] {Threei} a few cents beyond market
[10:35] {GeoArb} ok thanks
[10:36] {Chaeron} SEC: WILL "CONTINUE TO WORK CLOSELY" WITH BEAR STEARNS
[10:37] {curtisweese} s RIMM 103.22
[10:37] {dino} i-bankers are not allowed to fail i see
[10:37] {dino} perhaps if some hookers were sent over, they would let it trade properly
[10:37] {lumdus} dino, if they fail we all faily
[10:38] {dino} one i-bank won't matter over time. part of the process
[10:39] {dino} gs loaded w/bsc puts i bet
[10:39] {curtisweese} out rimm short +.02 :)
[10:40] {curtisweese} dangit!! out 10 sec too early
[10:40] {curtisweese} trying again at 103. this time
[10:42] {curtisweese} out RIMM short +$.40
[10:43] {curtisweese} s RIMM 102.78
[10:44] {curtisweese} out RIMM short -.05
[10:45] {curtisweese} l RIMM 103.04
[10:46] {bruce} aapl lookinglike short - any thoughts on it vad?
[10:46] {GeoArb} bsc daily looks sad
[10:46] {curtisweese} out RIMM +.20
[10:46] {curtisweese} crap...missed .30 on that one
[10:46] {bruce} you play rimm like a pinball machine curtis
[10:46] {GeoArb} and he seems to get about a buck at the end of it heh
[10:47] {curtisweese} heheh...just have to be willing to take .10 losses a lot.....
[10:47] {curtisweese} i made $5k on it yesterday again...well 4,500 or so
[10:47] {bruce} great
[10:47] {dino} wow
[10:47] {curtisweese} s RIMM 103.14
[10:48] {bruce} lol that got dinos attention
[10:48] {dino} cov pcar .63, +.40
[10:48] {dino} i'm just a small guy shooting for 700 a day
[10:49] {dino} srcl l .08, stop .74
[10:49] {curtisweese} that one hurt -$.29 !!
[10:49] {curtisweese} owie!!1
[10:50] {curtisweese} l RIMM 103.65
[10:51] {magoo} how many shares u flipping curtis to make 5k a day, seriously?
[10:51] {curtisweese} out RIMM +.40
[10:51] {dino} hell of a week going curtis
[10:51] {curtisweese} 1000 shares of RIMM and AAPL is what i seem to play over and over now
[10:52] {GeoArb} so you made 5 bucks on rimm yesterday
[10:52] {GeoArb} wow
[10:53] {GeoArb} BSC in talks to sell at 60% of book value
[10:53] {GeoArb} to various
[10:54] {lumdus} in bsc 36.65
[10:54] {GeoArb} i am curious... anyone else got that news?
[10:54] {Chaeron} CNBC'S GASPARINO REPORTS BSC IS "ACTIVELY BEING SHOPPED" TO JPM AND OTHERS{JPM}
[10:54] {GeoArb} perfect
[10:54] {Chaeron} mp Geo
[10:54] {dino} blood is running
[10:55] {GeoArb} mp?
[10:55] {Threei} at 10:49 on wires geo
[10:55] {lumdus} stop b/e 31.65 on bsc
[10:55] {lumdus} out 32.05
[10:55] {Chaeron} mp - my pleasure
[10:55] {lumdus} bsc + .40
[10:55] {curtisweese} l RIMM 103.9
[10:55] {GeoArb} i was curious about 60% book value statement
[10:56] {dino} my end of days comment fits bsc
[10:56] {Chaeron} FED BOARD STAFF: JPM WILL NOT BE LIABLE FOR ANY DEFAULTS ON BSC COLLATERAL{BSC XLF}
[10:56] {curtisweese} out RIMM -.09
[10:57] {dino} pretty good deal for jpm
[10:58] {bruce} possible long setup - nvda - break of .91
[10:58] {curtisweese} s RIMM 103.72
[10:58] {dino} stupid fed, no risk jpm, fed has risk of default, fed should just do it itself, maybe get gains
[10:59] {dino} srcl stop to .40
[11:01] {curtisweese} -$.10
[11:01] {curtisweese} grrrrrrrrrrrrrrrrrr
[11:01] {dino} out srcl .52, +.44
[11:01] {GeoArb} 5 dojis in a row in rimm
[11:01] {bruce} nice dino
[11:01] {curtisweese} dino, nice work!!1
[11:02] {esemde} hmmmmm just listening to an interview that said there is only a 60% chance that Bernake will be reappointed in 2010....thats a vote of non confidence in my view
[11:03] {ThurstonHowellTheThird} dino, on SRCL, how did you know that was a reversal point?....If you don't mind me askn
[11:03] {curtisweese} l RIMM 103.72 i feel it this time!!! come on!!!!
[11:04] {dino} watched for about hour,daily, 5 dayu, monthl;y chart,hit 50 sma, and the,n, gut feel
[11:04] {ThurstonHowellTheThird} k thx
[11:04] {dino} my edge, fwiw, seems to be capitulation and euphoria, i play contra, small size, wide stops and let them trade
[11:05] {dino} 300-500 shares, srcl was 500, stop stop around .33. on 300 stops around .51
[11:06] {dino} probabilities plays an important part of my trading
[11:06] {dino} and magoo, will tell you, once itm, i get stingy and tighten stop fiercly
[11:06] {bruce} possible reversal here in penn dino
[11:08] {dino} penn tricky, imo someone thinks deal will not happen
[11:08] {bruce} k
[11:09] {Threei} QLTY?
[11:09] {Threei} what just happened?
[11:09] {Threei} I see no news
[11:11] {dino} bs spike is all i see
[11:11] {dino} 8k 6:30
[11:18] {lumdus} poor folks who had bsc from yesterday. my heart goes out to them. that is a huge freekin dump
[11:19] {Threei} it was up nicely pre-market... if they watch their mney they would have taken a gift
[11:20] {dino} when you get lucky, take it- livermoore
[11:21] {curtisweese} especially when fast money and those shows on CNBC all pump it every day while it drops
[11:22] {dino} alex
[11:23] {magoo} vad, how many trades u do today, i saw 2
[11:24] {Threei} calls or personally?
[11:24] {GeoArb} your personal are diff from calls?
[11:24] {GeoArb} for shame !!!!!!!!!!!!!!!!!!!!!
[11:24] {curtisweese} s RIMM 103.02
[11:24] {Threei} yes they are
[11:24] {Threei} not drastically but still
[11:24] {GeoArb} :)
[11:24] {bruce} in fairness - would think some trades move to fast for vad to post
[11:25] {Threei} just so there is no confusion over that
[11:25] {GeoArb} i think vad is secretly trading curtis style
[11:25] {Threei} 1. those that move too fast to post, as bruce said
[11:25] {Threei} 2. those that I deem too risky to call
[11:25] {Threei} 3. those that I miss while alerting
[11:26] {curtisweese} out RIMM +.38
[11:26] {Threei} 4. those that I miss because of dcc, e-mails, mentoring or administrative issues
[11:26] {curtisweese} omg...i left sooooo much money on the table......grrrrrrrrr
[11:26] {GeoArb} crap i was kidding
[11:26] * Chaeron vows never to DCC Vad again
[11:26] {Chaeron} :)
[11:27] {Threei} there could be some minot divergencies aside of those, but mostly these 4 reasons explain the difference
[11:27] {curtisweese} l RIMM 102.39
[11:27] {Threei} nah Geo, fair question
[11:27] {bruce} auxl dino
[11:27] {GeoArb} its impossible for them to be same unless my account is linked to yours hehe
[11:27] {Threei} this matter is often being raised in discussions abolut rooms operation
[11:28] {GeoArb} ala IB
[11:28] {dino} w/mkt help
[11:28] {dptl} ok gonna go get some sleep(was working all night)have good rest of day and good weekend all :)
[11:28] {Threei} and any divergence is being pointed out by square heads as a sign of headtrader dishonesty
[11:28] {dino} later dp
[11:28] {GeoArb} even if you get audio
[11:28] {Threei} take care dp
[11:28] {GeoArb} people just have different trigger fingers
[11:28] {ThurstonHowellTheThird} bye dp
[11:29] {Threei} I won't tell your wife that you were working all nights while she was away
[11:29] {Chaeron} yeah... right... TokyoJoe you aint brother
[11:29] {curtisweese} out RIMM +.16
[11:29] {dptl} lol
[11:29] {Threei} square heads are squeare heads
[11:29] {Threei} I long abandoned atempts to explain or justify
[11:30] {Threei} but I do prefer to be very clear with members about how we operate
[11:30] {GeoArb} fair enough
[11:30] {curtisweese} l RIMM 102.62
[11:30] {Threei} imagine me seeing nice setup at 11:59,
[11:30] {GeoArb} i want to learn to fish anyway
[11:30] {Threei} I call it for the troom,
[11:30] {Threei} but will I take it if I have mentoring session starting at 12:00?
[11:31] {curtisweese} out -$.07
[11:31] {GeoArb} if all i wanted was calls..... i would try to convince you to open an IB friends family account and sign a waiver
[11:31] {GeoArb} hehehe
[11:31] {Threei} well... you know what they say about teaching man to fsh
[11:32] {Threei} he will sit on a boat and drink beer all day
[11:32] {GeoArb} whats wrong with that?
[11:32] {Threei} absolutely nothing
[11:32] {magoo} excuse me..but it was my questuion lol
[11:32] {Threei} I just want to make sure I am invited
[11:32] {GeoArb} heh
[11:32] {dino} you were right auxl
[11:32] {bruce} possibble bear flag in rimm here vad
[11:33] {dino} did someone say beer?
[11:33] {Threei} yes bruce, but trigger is a bit far from stop level for my taste
[11:33] {magoo} i did
[11:34] {Threei} .25 would be a short trigger
[11:34] {Threei} and resistance is fuzzy
[11:34] {bruce} k - nasty stop of .70 orso?
[11:34] {Threei} I would prefer it to consolidate a little to form a firmer and closer one
[11:34] {bruce} k
[11:34] {bruce} passing on it
[11:35] {magoo} id prefer a double bottom bounce to day high
[11:35] {magoo} off here
[11:35] {bruce} still time for auxl dino - thinking .27 break
[11:36] {bruce} thanx vad
[11:37] {magoo} vad, thoughts on my scenario RIMM?
[11:38] {Threei} that would be .75 break
[11:38] {bruce} rimmsky short starting to look better
[11:38] {Threei} but again... where is support for a stop?
[11:38] {magoo} .39
[11:38] {Threei} it's just a bit too wide range to find a solid safe break play
[11:39] {Threei} why .39
[11:39] {Threei} it went much lower several times
[11:39] {Threei} in last 5 min or so
[11:39] {Threei} not very pronounced support, easy to get shaken out
[11:41] {Threei} for any of these plays to be more kosher I'd like RIMM to form a bit tighter range
[11:42] {lumdus} in gg 45.35 stop 45.29
[11:42] {Threei} closer support for a break of .75
[11:42] {Threei} ot closer resistance for a break of .25
[11:42] {Threei} looks better now
[11:42] {magoo} feels like rimm gonna go..risky feel
[11:43] {Threei} with .40 being firmer support
[11:43] {dino} sm de l .50
[11:43] {curtisweese} l RIMM 102.68
[11:45] * Threei slaps Laserdave1 around a bit with a large trout
[11:45] {lumdus} nice heads up magoo
[11:45] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:45] {Threei} 1:1
[11:45] {Threei} nice
[11:45] {curtisweese} moved my stop .95
[11:45] {curtisweese} moved my stop to .12
[11:45] {magoo} i took .66 when talking w/vad
[11:46] {lumdus} i talk .78 crap
[11:46] {magoo} only half lot
[11:46] {lumdus} 3 x lot for me
[11:46] {curtisweese} .39 for my stop
[11:46] {lumdus} .39 mine also
[11:46] {curtisweese} .53 no
[11:46] {dino} bsc 12:30 conference call
[11:47] {lumdus} out here
[11:47] {Threei} BSC
[11:47] {Threei} ANNOUNCES CONF CALL AT 12:30ET TO ADDRESS SPECULATION REGARDING FUNDING ANNOUNCEMENT; MOVES EARNING RELEASE DATE UP TO MONDAY- to announce Q1 earnings after the close on Monday, March 17
[11:47] {magoo} out her + buck
[11:47] {lumdus} +.93 tx magoo
[11:47] {Chaeron} beautiful trade magoo
[11:47] {Threei} good job guys
[11:47] {dino} i see vad still has me on ignore
[11:47] {magoo} u were listening to me lum?
[11:47] {Threei} no dino :)
[11:47] {Threei} just added details
[11:47] {magoo} i exit .69
[11:48] {dino} :)
[11:48] {bruce} nice move de dino
[11:48] {lumdus} i saw your post , checked rimm and liked it so i took it.
[11:48] {lumdus} stop on gg b/e
[11:48] {magoo} nice lum
[11:48] {magoo} , vad i liked your input too
[11:49] {magoo} [11:42] {Threei} looks better now
[11:49] {magoo} [11:42] {magoo} feels like rimm gonna go..risky feel
[11:49] {magoo} thats where i hit it
[11:49] {Threei} you just like hitting things, admit it
[11:50] {dino} lucky
[11:50] {curtisweese} i'm stuck in trade...screen frozen
[11:50] {Threei} wow
[11:50] {Threei} yikes
[11:50] {magoo} want a brew..dino says too early..i say..hey..all last week had 2 cans down by now
[11:50] {bruce} perfect entry in it - just before jump\
[11:50] {Threei} RIMM?
[11:50] {curtisweese} OMG....that is unaccepatable
[11:50] {curtisweese} got out at .42
[11:50] {dino} out de .91, +.41
[11:50] {curtisweese} tried to get out at .59
[11:50] {Threei} whew
[11:51] {curtisweese} that is such BS!!!! stupid Scottrade
[11:51] {curtisweese} magoo...nice work
[11:51] {Threei} this is when I should say... get broker with highest relaibility possible
[11:51] {curtisweese} never had an issue before....but that is just crap....i had stop set at .53 too
[11:52] {curtisweese} it went right past that and didn't sell and then it hit the fan
[11:52] {Threei} he like living on the edge geo
[11:53] {Threei} curtis, in all seriousness
[11:53] {Chaeron} his pc is an old Commador too :)
[11:53] {Threei} you play big shares on high volatility stocks
[11:53] {curtisweese} lol...no my computer is sweet
[11:53] {Threei} one such occurence may cost you so much, you'll swear off all second rate things for the rest of your life
[11:54] {magoo} my GOD,...scottrade the way u flip?? u must have unconfirmed exoits everywhere
[11:54] {Chaeron} ok... so your pc is the car and your trading software the engine, why do you have a Porsche Carrera GT3 with a '63 VW Beetle engine in it?
[11:54] {dino} gals, beer, real estate, hotels, no more 2nd's curtis
[11:54] {curtisweese} lol!!!
[11:54] {magoo} chaer, nice
[11:55] {dino} chaer always goes for the jugler
[11:55] {Threei} lol
[11:55] {curtisweese} my jugular hurts
[11:55] {Chaeron} meanwhile I bitch because Laser is TOO fast for me... I don't get a chance to second guess lol
[11:55] {bruce} any read amzn long vad if breaks 69?
[11:55] {magoo} ah vad, we both been slacking..u or me??
[11:55] {dino} no pleasing you
[11:55] {Threei} say what magoo?
[11:55] * magoo slaps Laserdave1 around a bit with a large trout
[11:55] {dino} now magoo, whats for lunch?
[11:56] {Threei} lookie here mags:
[11:56] {Threei} [11:45] * Threei slaps Laserdave1 around a bit with a large trout
[11:56] {Threei} [11:45] {lumdus} nice heads up magoo
[11:56] {Threei} [11:45] * Chaeron slaps Laserdave1 around a bit with a large trout
[11:56] {Threei} 11 min ago
[11:56] {Threei} now... who's been slacking?
[11:56] {magoo} christ..I been SLACKING
[11:56] {Threei} there
[11:56] {magoo} i deserve a slap
[11:56] {Chaeron} no
[11:56] {Threei} no
[11:56] {Chaeron} won't give you one
[11:57] {Threei} dit and think about your behavior
[11:57] {Threei} sit
[11:57] {Chaeron} I'm a sadist... and I don't give masochists what they want :)
[11:57] {Threei} don't hope to easy way out
[11:57] {Threei} exactly chaeron
[11:57] {Threei} be back in 5
[12:01] {Chaeron} I need about $65million.... http://www.nysun.com/article/72907
[12:03] {dino} working w/ a guy on 15% chaer, call me
[12:06] {Laserdave1} o hey
[12:06] {Laserdave1} nice to see guys as well
[12:06] {Laserdave1} thanks all
[12:06] {Threei} always dave
[12:06] {Chaeron} Dave wakes up...
[12:07] {Chaeron} and I thought Magoo was lagged
[12:08] {lumdus} out gg +.45
[12:09] {lumdus} 3 trades today .. better off then many trades.
[12:10] {dino} udrl
[12:13] {curtisweese} rimm gonna die here?
[12:13] {patience} dino, tell me this isn't your latest purchase http://bigpicture.typepad.com/
[12:13] {curtisweese} guess not
[12:14] {curtisweese} s RIMM 103.29
[12:14] {magoo} gotta go walk up street and get pizza..dino buying if i walk..he made a ton today
[12:15] {curtisweese} out RIMM +.-9
[12:15] {curtisweese} i mean +.09
[12:15] {bruce} cnx possible short - any read vad?
[12:16] {GeoArb} great day
[12:16] {GeoArb} thanks all... have a great weekend
[12:16] {curtisweese} is there no lag at all with your trade engine? you just click and it is instantaneious
[12:17] {Threei} that's how it is curtis
[12:17] {Threei} you click, it's done
[12:17] {curtisweese} i have a one sec lag it seems
[12:17] {Threei} sheesh
[12:18] {Chaeron} speed of light curtis
[12:20] {Chaeron} Dave is the best to talk to about that and is confidential...
[12:20] {curtisweese} okay...cool
[12:21] {Chaeron} not confidential about MY account... meaning your confidentiallity
[12:21] {curtisweese} hahhaha
[12:21] {Chaeron} serioiusly
[12:21] {curtisweese} crap didn't get my fill at 103.50 for the short on rimm...grrrrr
[12:21] {dino} auxl ouch, bruce you ok
[12:21] {magoo} chaer dcc quock
[12:21] {curtisweese} too greedy ...should have set it a tad lower....sigh
[12:22] {bruce} gfig reversal dino - too high here but may drop to reasonableentry level
[12:22] {bruce} dumped it dino
[12:22] {bruce} not trading well today though
[12:23] {curtisweese} l RIMM 103.01
[12:24] {dino} sorry to hear
[12:24] {bruce} thanx
[12:24] {bruce} one ofthose days
[12:26] {dino} brakes are good, just picked up a pizza
[12:27] {dino} wow 5 days chart gfig rollercoaster
[12:27] {bruce} \nue possible swhort setup -
[12:28] {bruce} yes - looks to be at bottom though so thought gfig bouncecandiate
[12:28] {dino} bsc may be affecting it
[12:28] {curtisweese} out RIMM +.12
[12:31] {Threei} market is locked in a narrow range
[12:31] {curtisweese} s RIMM 102.94
[12:31] {Threei} until it resolves, anyone's guess which way
[12:32] {curtisweese} out -.11
[12:32] {lumdus} i should have stayed in bsc all day long. would have had a record day
[12:33] {dino} hindsite
[12:33] {Threei} you know it's easy in retrospect only :)
[12:33] {dino} is 2/20
[12:34] {dino} i think we will have more opportunity today
[12:34] {magoo} big ben on cnbc at 1 pm..could cause mkt move
[12:36] {lumdus} tell him to keep quiet
[12:37] {Threei} I am all for it
[12:37] {Threei} better yet - if only we could make nreenspan keep quiet for all those years
[12:37] {magoo} good pizza here
[12:38] {Threei} how many realize that all the mess we are in is direct outcome of greenspan policies
[12:38] {dino} reminds me of long term capital days
[12:38] {Threei} in all fairness, he didn't start it
[12:38] {Threei} but he took it to such extremes
[12:38] {dino} i do, and yet they worship him, easy money al
[12:39] {Threei} yeah... "who needs gold when we have greenspan" come to mind
[12:39] {Threei} not far from "hold my beer and watch this" eh?
[12:39] {dino} encourage sub-prime mtg business
[12:40] {Threei} oh yeah
[12:40] {curtisweese} s RIMM 102.76
[12:40] {dino} curtis, you ever relax?
[12:40] {Threei} no matter who or what started policy of printing money as solution to all problems - re bubble is direct child of greenie
[12:40] {curtisweese} out RIMM +.16
[12:40] {dino} salvation thru inflation
[12:40] {Threei} that was his answer to you dino :)
[12:41] {curtisweese} l RIMM 102.71
[12:41] {dino} yes
[12:42] {Threei} it's toxic... I can sit whole day and watch curtis
[12:42] {curtisweese} out -.12
[12:43] {curtisweese} i need to get "mark to market" distinction for tax purposes, so i need a lot of trades being that i have a full time job and the IRS looks closely b/c of that....
[12:43] {magoo} if curtis is 2k rd trip...my god..u flipping clodse to 100k shares ..$800 commission
[12:43] {Threei} BSC is holding conference call
[12:44] {Threei} things being said there affecting market
[12:44] {Threei} be careful guys
[12:44] {magoo} cash here
[12:44] {dino} eating pizza no worries
[12:44] {curtisweese} all cash
[12:45] {dino} same
[12:45] {curtisweese} dino, just saw your question....yeah...at 1 p.m. or so
[12:45] {curtisweese} pacific time that is
[12:46] {dino} de lod
[12:46] {Threei} a lot of brikers are out of BSC shorts
[12:46] {Threei} brokers
[12:46] {dino} lol curtis, you're making me tired
[12:47] {ThurstonHowellTheThird} lol, my neck hurts from turning to look at the screen every time I hear a beep on the chat
[12:48] {dino} no volume hear
[12:48] {curtisweese} there is a volume control? lol
[12:48] {curtisweese} i never have sound on
[12:48] {Threei} but thtt... think of how well exercised and flexible tyour neck is going to be
[12:48] {magoo} THTT, u post bail for maryanne?
[12:48] {Chaeron} heheh...
[12:48] {dino} just music in my office
[12:49] {magoo} vad, can i have a beep for chat room?
[12:49] {ThurstonHowellTheThird} I think I have developed a one-sided twich now :(
[12:49] {Threei} yes mags
[12:49] {curtisweese} l RIMM 102.04
[12:50] {Threei} got to File-Options-Sounds
[12:50] {Threei} lkookie there
[12:50] {magoo} is it complicated? i pretty obtuse
[12:50] {Threei} also, just in case someone wonders
[12:50] {Threei} there is a way to make room speak
[12:50] {Threei} and even pick a voice
[12:50] {Threei} extremely annoying if you ask me
[12:51] {curtisweese} out RIMM +.57!
[12:52] {magoo} i see sounds in there w/a + by it..what i do?
[12:52] {dino} working w/lazzard to determine alternatives, hey we are for sale
[12:52] {Threei} depends on what you want it beep on magoo
[12:53] {Threei} there is a dropdown menu with arrow
[12:53] {Threei} three boxes below
[12:53] {dino} should i shut my door
[12:53] {Threei} pick your events,
[12:53] {Threei} configure things,
[12:53] {Threei} then check the box at the top Enable sound
[12:53] {Threei} I'd think so dino
[12:53] {Threei} I hate this stuff honestly :)
[12:54] {Threei} aside of sound of order being executed, I need no other sounds
[12:54] {magoo} ok
[12:57] {dino} i use bright yellow flashes
[12:58] {Chaeron} mag - dcc
[12:59] {curtisweese} l RIMM 102.16
[12:59] {curtisweese} i mean 102.06
[13:01] {magoo} chaer, im there bro
[13:04] {dino} class actions filed bsc
[13:06] {bruce} market dropping - thoughts on nvda short vade?
[13:06] {curtisweese} out RIMM -.05
[13:08] {curtisweese} l RIMM looks like douuble bottom
[13:08] {Threei} a bit conflicted on it bruce
[13:08] {Threei} shart looks favorable for short
[13:09] {bruce} k- me too - looks like we may get bounce - or big dump
[13:09] {Threei} just not sure today's action allows rely on charts very much
[13:09] {bruce} k
[13:13] {magoo} vad type anything
[13:13] {Threei} anything
[13:13] {magoo} nadda chaetr..no prob
[13:13] {magoo} .
[13:14] {dino} chaer dcc
[13:20] {Chaeron} shoot
[13:23] {dino} -320 coming
[13:25] {lumdus} short rimm 101.97 stop 102.15
[13:25] {lumdus} 50/50 crap shoot
[13:25] {curtisweese} i will jump in with ya
[13:25] {curtisweese} hahahaha
[13:25] {bruce} q's really huging yesterdays low at moment vad
[13:26] {curtisweese} my stop is .20 though
[13:26] {Threei} but a bit higher than today's
[13:27] {Threei} so hard to see it as breakdown
[13:27] {lumdus} i got oinked .. bamm
[13:27] {lumdus} vad, so you think we have chance of recovery heare ? mood is rap
[13:27] {Threei} honestly, I have no opinion here on direction
[13:28] {Threei} last couple weeks left me with no desire to predict anything beyond "sun WILL rise tomorrow"
[13:28] {Threei} and even that...
[13:29] {curtisweese} i got stopped out too
[13:29] {Threei} really, how many predictions by anyone, from average joe and all the way to the very top of brilliant market analysts came true these days?
[13:29] {lumdus} not many, you right
[13:29] {Threei} here is one thing I really want you guys to give a thought to
[13:30] {curtisweese} l AAPL 125.94 i think we rally now
[13:30] {curtisweese} or not
[13:30] {Threei} I recently stumbled onto site that goes over predictions made by market reviewers. columnnists, analysts of all sorts
[13:30] {Threei} and tracks them
[13:30] {Threei} ranking all the guys by the percentage of them being right/wrong.
[13:31] {Threei} One thing struck me as odd as soon as I looked over ranking list:
[13:31] {Threei} at the very top of it with somethinbg like 69% was the guy I never considered to be any good at anything
[13:31] {curtisweese} aapl looks to be a good position for long ...with a stop right below 126
[13:31] {curtisweese} or around 125.80 or so
[13:32] {Threei} and somewhere closer to the bottom with 30 something percents was the guy I consider the most brilliant mind
[13:32] {Threei} So I started looking into their methodology
[13:32] {Threei} and one sentence made me dismiss their rankings altogether,
[13:32] {Threei} That sentence was:
[13:32] {Threei} "we do not consider conditional forecasts".
[13:33] {Threei} that was it for me
[13:33] {Threei} because any forecast in the market can be valid ONLY if it's conditional
[13:33] {bruce} rimm looking like possible long here
[13:33] {curtisweese} stop is set at 125.60 for me on aapl...i'm long from 125.94.....
[13:33] {Threei} otherwise it assumes that forecasters sees the future
[13:33] {Threei} One who says "market will drop tomorrow" has no credibility with me.
[13:34] {Threei} One who says "market will drop if this and this happens, and will rise if that and that happens" - this I am willing to listen to
[13:34] {curtisweese} that makes total sense to me
[13:34] {Threei} unfortunately it doesn't to many
[13:34] {Threei} they want the treade being fed to them
[13:35] {curtisweese} i feel we will rally....if the market goes up
[13:35] {curtisweese} ouch on aapl!!
[13:35] {Threei} and no matter how many times they lose on guru type of calls, they still strive for more
[13:35] {curtisweese} just missing my stop...lol
[13:35] {lumdus} correct you are.
[13:35] {dino} i trust the magic 8-ball
[13:35] {Threei} I do too, but even more so - my dartboard
[13:35] {curtisweese} it went down to .62 or so...come on....run aapl run darn you
[13:36] {Threei} One who confidently says "this is what is going to happen tomorrow" is a fraud
[13:36] {curtisweese} okay.....aapl is warming up....getting ready to run.....pleeeeeeeease run....hahahah!
[13:36] {Threei} Next logical step in this thinking:
[13:37] {Threei} how comfortable reasonable person can feel
[13:37] {Threei} letting financal advisors, managers etc manage their money?
[13:37] {Threei} have those people ever made money in the markets trading their own money?
[13:38] {Threei} or they just obtained certificate graduating form some courses?
[13:38] {curtisweese} out aapl +.16
[13:38] {Threei} and that course taught them how to make money in the market?
[13:38] {Threei} gimmie a break
[13:38] {dino} of course
[13:38] {dino} optm
[13:38] {Threei} of course telling this to you I am preaching to the choire
[13:39] {curtisweese} l on aapl again 126.24
[13:39] {judi} we agree others managing our IRA we lost over $200K in one year. We took over self-directing IRA ourselves
[13:39] {judi} and made money in real estate with IRA funds
[13:39] {curtisweese} i set too tight of a stop on last one....or maybe not
[13:39] {Threei} since you started trading your own money because you weren't confident in ability of those people to do that for you
[13:39] {Threei} there you go judi
[13:39] {Threei} proof of the concept
[13:40] {Threei} of course they all look brilliant in bull market
[13:40] {dino} gj judi
[13:40] {Threei} make money in what we have this year - you have my great respect
[13:40] {dino} agreed
[13:41] {Threei} make money in 1998 - 2000 environment... well
[13:41] {Threei} it's nice
[13:41] {Threei} but doesn't allow to tell brains from bull market
[13:41] {judi} we still have 7 houses no debt but can rent out until market moves. Plus we rode the great wave
[13:41] {Threei} this is brilliance :)
[13:42] {judi} several years and increased our IRA 1000%
[13:42] {Threei} buying blue chips and banks and holding them come hell or high water is not
[13:43] {Threei} whole idea is of "buy and hold, market in a long run always goes up, you can't time the market, it's not a loss until you sell" is a fraud pushed on people
[13:43] {dino} asset alligators
[13:43] {Threei} and designed to encourage them to give their money to alligators
[13:43] {Threei} thanks for the workd dino :)
[13:43] {Threei} word
[13:44] {dino} :)
[13:44] {dino} further, if you are on margin, believe me its a loss as it occurs
[13:44] {Threei} no kidding
[13:44] {bruce} out for balance of day
[13:44] {bruce} have a good weekend all
[13:44] {dino} learned the hard way years ago
[13:44] {bruce} see you monday
[13:44] {Threei} take care bruce, have a good one
[13:44] {dino} take care bruce
[13:44] {bruce} thanx vad
[13:45] {curtisweese} come on aapl....grrrrr
[13:45] {curtisweese} Slaps AAPL around with a large salmon as he can't find a trout
[13:46] * Threei hands curtis a trout... sorry, I borrowed it for min
[13:46] {Threei} to do this:
[13:46] * Threei slaps Laserdave1 around a bit with a large trout
[13:47] {magoo} back
[13:47] {lumdus} we need some good old recovery for the weekend here.
[13:48] {Threei} I wouldn't mind
[13:48] {curtisweese} out aapl +.24
[13:48] {dino} auxl l .52, stop .28
[13:49] {curtisweese} back in aapl long 126.35
[13:49] {curtisweese} doh
[13:50] {dino} blackkkkkk monday
[13:51] {curtisweese} we rally into close before selloff....come on.....market.. i love youuuuuuuuuu
[13:53] {curtisweese} hahaha...she just said "dumper" on CNBC
[13:54] {Threei} lol
[13:54] {Laserdave1} hey cutis dcc please
[13:54] {Laserdave1} curtis
[13:54] {Threei} they start asdopting the terminology
[13:55] {curtisweese} trying...lol
[13:55] {dino} maybe she was checking someone out, like "nice dumper"
[13:56] {curtisweese} she said the dollar was in the dumper
[13:57] {Threei} hard to argue
[13:57] {Threei} tthere is some ETF thattracks USD I think
[13:57] {curtisweese} i really like aapl...i think i need to break off a little capital for aapl long term
[13:58] {Threei} want to know it for the day when thewy all say get out of us dollar
[13:58] {Threei} I will sell farm, wife and kids and go long
[13:58] {dino} me too
[13:58] {curtisweese} jeez i say i like aapl and it tanks....lol
[13:59] {Threei} you know it by any chance dino?
[14:00] {dino} no
[14:00] {Threei} heck, I will even sell magoo's farm to use money for that trade
[14:00] {dino} but you know what i like soon, dug....ultrashort oil fund
[14:01] {Threei} for short?
[14:01] {curtisweese} short the short fund?
[14:02] {Threei} if you think oil goes up, you short short fund
[14:02] {dino} when oil tops, go long
[14:02] {Threei} yeah... but where does it top, lol
[14:02] {dino} up 1.70 today, oih -3.77
[14:02] {dino} thats the million dollar question
[14:03] {dino} maybe blow off top say 115
[14:03] {Threei} we have fed on March 18
[14:03] {dino} auxl stopped -.24
[14:03] {Threei} they cut rates again, it may fuel another oil/gold run
[14:04] {dino} no if involved, tuesday
[14:04] {Threei} another way to look at it:
[14:04] {magoo} vad, i need other reality service
[14:04] {Threei} they run in advance of another cut,
[14:04] {Threei} and when cut happens they tank,
[14:04] {magoo} how many inches is 10 mm?
[14:04] {dino} will watch
[14:05] {Threei} in realization that rate cuts near their end
[14:06] {Threei} gosh magoo... it's .0394, and I hope to never find out what it is you are measuring
[14:06] {lumdus} anybody quote for ctgi please.
[14:06] {magoo} under an inch ibelieve
[14:06] {magoo} like 1/4 inch?
[14:06] {Threei} 2.11 x .12 lum
[14:06] {curtisweese} market gonna rise now
[14:06] {lumdus} tx boss
[14:06] {curtisweese} come on market get out of it
[14:07] {Threei} {market} don't tell me what to do
[14:07] {curtisweese} hahahahhahaa
[14:08] {magoo} TY, under an 1/8 then
[14:08] {curtisweese} market is gonna rally if recent craziness holds true...everyone thinks we are screwed.....market rally
[14:09] {curtisweese} or b/c i think it goes up.....it goes down......grrrrrrr
[14:09] {magoo} except..that would be too easy
[14:11] {Chaeron} magoo - dcc
[14:12] {dino} feels down
[14:13] {curtisweese} double bottom in qqqq and aapl....(ones i'm watching righ tnoww)
[14:13] {curtisweese} well lower than double since they go down....nev mind!
[14:14] {curtisweese} more of a downward lightning bolt!!
[14:14] {curtisweese} zapping your money!!
[14:15] {dino} gfig getting smack
[14:16] {curtisweese} ahhh...it was double bottom.....
[14:16] {curtisweese} too bad i wasn't in :(
[14:18] {magoo} cheaer dcc
[14:21] {Threei} lum... your CTGI at 2.17
[14:22] {lumdus} thank you. i am thinking to sell a few today. .60 to 2.15 aint bad. but only 1 or 2k
[14:27] {curtisweese} look at the market tank
[14:28] {Threei} US GOVT. ANNOUNCES CAPTURE OF HIGH LEVEL AL-QAEDA FIGURE WHO HELPED BIN LADEN ESCAPE FROM AFGHANISTAN - WIRES- he was captured earier this week
[14:28] {lumdus} everybody is in bad mood that's it. - over the weekend maybe they wake up with smiley faces
[14:28] {lumdus} awesome !! rally time
[14:28] {Threei} they mean they caught camel driver?
[14:29] {dino} lods
[14:30] {Threei} want to see a bounce in RIMM, then breakdown of .50
[14:31] {Threei} ready to short .49
[14:32] {Threei} got .45
[14:33] {Threei} stop above .70
[14:33] {Threei} can take several tries
[14:33] {Threei} come on market, die
[14:33] {Threei} and take your child RIMM with you
[14:39] {Threei} well?
[14:40] {magoo} in
[14:40] {Threei} new low
[14:41] {Threei} grr
[14:41] {dino} sm l gfig .92
[14:41] {Threei} stropped
[14:41] {Threei} got a bit too greedy eh
[14:42] {magoo} me too
[14:42] {judi} for us we had great day, up, we'll retire for the week end while up. Have a good one!
[14:42] {curtisweese} i still market rallies , but time will tell
[14:42] {Threei} have a great weekend judi
[14:42] {curtisweese} err think
[14:42] {curtisweese} sigh
[14:43] {dino} gj judi
[14:44] {dino} out gfig .62, +.70
[14:44] {dino} that was a bruce spot, guy makes me money every day
[14:44] {curtisweese} dino!!! now who is raping the market!! YOU
[14:45] {curtisweese} good job bruce
[14:47] {dino} just lucky curtis
[14:48] {curtisweese} my screen keeps flashing green as stocks tick up....come on market ...you can do eeeeet!
[14:49] {dino} my scanner all red again
[14:50] {curtisweese} yeah....as soon as i hit send to the chat room the market laughs at me and goes down again
[14:50] {curtisweese} and now it goes up
[14:52] {curtisweese} i'm gonna go long..... okay AAPL 125.28 entry.....come on aapl, you hurt me earlier!!!
[14:53] {dino} moby dick
[14:53] {curtisweese} my white whale!
[14:53] {curtisweese} hahahaha
[14:53] {dino} =apple, ishmail is dino
[14:53] {dino} that stock guts me
[14:54] {curtisweese} it is gonna go up at least .30
[14:54] {curtisweese} i'm forcing it too...talking to steve jobs right now.....
[14:55] {dino} well all things considered its up about 6 bucks from monday
[14:55] {curtisweese} yay....here comes the break ! run darn you run!!!
[14:55] {dino} gfig sm l .11
[14:57] {curtisweese} out aapl +.60
[14:57] {dino} gj
[14:57] {magoo} nice
[14:59] {curtisweese} l aapl 126
[14:59] {curtisweese} nooooooooo go back up!!
[15:03] {dino} brb
[15:06] {curtisweese} out -.17
[15:08] {dino} gfig stopped .87-.23
[15:08] {curtisweese} crap...i sold too early.....sigh
[15:09] {lumdus} aapl long
[15:09] {curtisweese} one more time....aapl long 125.99
[15:09] {curtisweese} nice!!
[15:09] {lumdus} curit .. ha haa i got .88
[15:10] {curtisweese} doh!!!
[15:10] {lumdus} have a sell at 128.
[15:10] {curtisweese} wow...i hope you are rigth
[15:11] {curtisweese} here it goes.... (i hope i hope)
[15:12] {patience} dino, where do you think the dow ends today, thanks...
[15:12] {dino} wlp l .85 stop lod
[15:12] {lumdus} aapl move yourself now
[15:12] {curtisweese} market is gonna help it
[15:13] {lumdus} 1 lot out 126.39 2 lot stop b/e
[15:13] {lumdus} stop 125.99 for the 2 lot
[15:13] {magoo} this is crazy mkt
[15:13] {lumdus} out lot #2 126.70 + .85
[15:14] {curtisweese} out +ave .77
[15:14] {curtisweese} nice work
[15:14] {dino} gfig big old rinse while i was out
[15:14] {Threei} 15:13] {magoo} this is crazy mkt {--- this strikes me as a winner on obvious statements department {GGG}
[15:14] {lumdus} tx curtis good heads up
[15:15] {Threei} lum... 2.25
[15:15] {magoo} vad, on our rimm sh..i was waiting .21..got greedy and pulled order..took stop..dumb
[15:15] {lumdus} what ?
[15:15] {Threei} CTGI :)
[15:15] {Threei} mags
[15:15] {lumdus} oh, yeah .. go for it.
[15:15] {curtisweese} i'm gonna buy back in on a drop i think
[15:15] {Threei} wanna know what's very very funny?
[15:16] {lumdus} vad, i am so distracted today. my head is watching too much
[15:16] {dino} y not?
[15:16] {Threei} what go for it... just keeping you updated since you got no quotes on it
[15:16] {Threei} magoo
[15:16] {lumdus} tx vad. you a jem !
[15:16] {lumdus} out rest aapl .85 + 1.05
[15:17] {lumdus} man, what a day today. i don't need to come back for all next week.
[15:17] {Threei} what go for it... just keeping you updated since you got no quotes on it yeah, and your personal assistant (for a small administrative fee of course)
[15:17] {Threei} oh boy
[15:17] {Threei} that was a lot of different lines in one :)
[15:17] {dino} ccow
[15:17] {Threei} magoo
[15:17] {Threei} wanna know what's very very funny?
[15:18] {magoo} yep
[15:18] {Threei} I did exactly the same thing on RIMM
[15:18] {lumdus} i am ready tell the jok already
[15:18] {curtisweese} l aapl 126.75
[15:18] {Threei} had bid where you did
[15:18] {Threei} and pulled it
[15:18] {magoo} even sh .45 and canx .21?
[15:18] {Threei} only to get stopped instead of taking 1:1
[15:18] {Threei} yes
[15:18] {magoo} HE HE
[15:19] {Threei} BSC
[15:19] {Threei} HEARING RUMORS CIRCULATING THAT BUFFETT MAY BE SHOWING SOME INTEREST IN CO- reminder: there have been periodic rumors over the last six months that Buffett was considering buying a stake in BSC
[15:19] {curtisweese} out +.10
[15:20] {dino} out wlp .05, +.20
[15:20] {Threei} I can just see group of people sitrting head to head bent over a deck, cnain-smking nervously, drinking coffee by gallons and coming up with new rumors to support the market
[15:21] {dino} why bother buffet, divide it up among the remaining
[15:21] {lumdus} vad, thanks . no need for quotes for ctgi. i sold 4k and done . maybe next month sell more
[15:21] {Threei} OK :)
[15:21] {curtisweese} l aapl 126.79
[15:21] {lumdus} how bad is the BSC situation . can they close ?
[15:22] {dino} you guys w/bsc laserdave?
[15:23] {magoo} u know, this spike was so obvious..did it everyday but one..that i thought ..no way..everyone wants it
[15:23] {magoo} sigh
[15:23] {Threei} no dino
[15:23] {Threei} nothing to do with them
[15:24] {magoo} dino thinx bear cap is subdiv of bear stearns
[15:24] {dino} wbmd
[15:24] {Threei} who knows lum... their situation is obviously bad, but fed obviously think it cannot be allowed to fail
[15:25] {dino} don't think, just asking
[15:25] {lumdus} vad, i worked for them one time and they sacked me .. so ha ha ha
[15:25] {Threei} lol
[15:25] {magoo} jesus..rimm 103 vad?
[15:26] {magoo} u flippin it behind magoo's back?
[15:26] {Threei} no... I am very inactive today
[15:26] {magoo} cause i am behind yours lol
[15:27] {Threei} enjoy :)
[15:28] {curtisweese} out aapl +.15
[15:29] {magoo} vad, this last hour is like the contra of the contra..so obvious..no way..but no way obvious..so obvious happens
[15:29] {Threei} lol
[15:29] {magoo} and that acxtually makes sence
[15:30] {Threei} not really
[15:30] {Threei} but then again
[15:31] {Threei} I am famous for not making sense
[15:31] {Threei} so I would be a last person to berate you for it
[15:31] {ThurstonHowellTheThird} see you all monday; everyone have a good weekend
[15:31] {Threei} take care thtt, have a great one
[15:32] {magoo} cruise this weekend THTT?
[15:32] {dino} tht3 take care
[15:34] {dino} bsc 30
[15:36] {curtisweese} l aapl 126.22
[15:45] {dino} most likely done, thanks for a good week, some great ideas
[15:45] {Threei} have a good weekend dino
[15:45] {dino} ty
[15:45] {dino} u2
[15:47] {magoo} TY vad, i had best week in awhile
[15:47] {Threei} very rewarding to hear
[15:47] {Threei} especially at times when almost everyone hurts
[15:47] {lumdus} magoo, well i had my best week ever and today was my best day ever. i am on a high. hopefully i calm down by monday or i don't show up.
[15:48] {magoo} made daily today too
[15:48] {lumdus} interesting magoo. . i wonder what it's about our trading .
[15:48] {magoo} always gotta top me Lum he he {kidding..nice job}
[15:49] {Threei} we know what we are doing? :)
[15:50] {lumdus} i guess so. man, i am staring at my account i can't believe it. better shutdown before the wife sees it and spends it all.
[15:50] {Threei} rofl
[15:50] {lumdus} have a great weekend all. See you maybe Monday. (if i calm down)
[15:50] {Threei} take care, have a good one
[15:52] {magoo} good nite all..just gave dino a beer
[15:52] {Threei} thank you all
[15:52] {Threei} have a great relaxing weekend
[15:53] {Threei} see you all on Monday