Mar 19 2008
Session Time: Wed Mar 19 00:00:00 2008
[08:13] {Threei} Good morning
[08:13] {Threei} Visa IPO prices start
[08:13] {Threei} not sure what time it opens for trading
[08:13] {Threei} symbol is V
[08:18] {hawkfan4} good morning Vad, all
[08:19] {Threei} hawk :)
[08:27] {maryaliceann} Good morning
[08:27] {Threei} morning mary
[08:28] {Threei} you don't mind the shoret for the nick I hope
[08:28] {Threei} short
[08:28] {maryaliceann} not at all .. was wondering if I could change it .. make it shorter?
[08:29] {Threei} sure, let me know the new one and I will register it and give you instructions how to re-login
[08:31] {maryaliceann} I like Onix
[08:31] {Threei} done, same password as before,
[08:31] {Threei} now type /login,
[08:31] {Threei} hit enter,
[08:32] {Threei} you will get a prompt for a nick and password,
[08:32] {maryaliceann} Thanks Vad
[08:32] {Threei} enter new ones
[08:33] {Threei} there you go
[08:33] {Onix} piece of cake with you on the other side!
[08:34] {Threei} I like keeping things simple... cup for tea, fork for meat, no vegetables allowed
[08:36] {Onix} But "they all" say vegetables are good for you?
[08:36] {Threei} they do... but I elect not to believe them since I hate veggies
[08:36] {Threei} except beef
[08:36] {Threei} which in my firm opinion is vegetable
[08:37] {Onix} because beef feed on vegetation .. right?
[08:38] {Threei} and you are what you eat... you got it
[08:43] {cosmo} we are star dust...
[08:43] {Threei} do we at least get to pick a star?
[08:44] {Threei} I claim Bethelheise )sp?)
[08:44] {cosmo} hmm
[08:45] {cosmo} Si?ius
[08:45] {cosmo} Sirius?
[08:45] {Threei} can be taken over by XMSR any day
[08:45] {Threei} so no
[08:47] {Threei} BSC is trying to squeeze again
[08:48] {Threei} V is priced at 44
[08:48] {Threei} bid 75 at the moment
[08:48] {cosmo} FMCN
[08:49] {cosmo} ...beats est
[08:50] {cosmo} 42 test
[08:55] {cosmo} ADBE beats est....
[08:55] {cosmo} 34 test
[08:56] {Threei} spiked after hours yesterday, hit 35 briefly if I remember correct
[08:56] {cosmo} 35.73 spike last nite
[08:57] {Threei} ADDED TO "BEST IDEAS LIST" AT CANACCORD ADAMS; MAINTAINS BUY RATING, PRICE TARGET $53
[08:57] {Threei} PRICE TARGET LOWERED TO $43 FROM $50 AT RBC CAPITAL; MAINTAINS OUTPERFORM RATING
[08:57] {Threei} make your pick {G}
[08:58] {cosmo} 43 for a scalp
[08:58] {Threei} some scalp...
[08:58] {cosmo} big hair
[08:58] {Threei} lol
[09:00] {Threei} MS CFO: LIQUIDITY ROSE TO $71B FROM $62B, ADJUSTED LEVERAGE RATIO FELL TO 16 FROM 17.6
[09:00] {Threei} all is well in Morgan Stanley world
[09:01] {cosmo} hmm...maybe they're next...
[09:01] {dino} gm all
[09:02] {Threei} TREASURY'S PAULSON: ENCOURAGED BY MORE FANNIE AND FREDDIE MORTGAGE FUNDS
[09:02] {Threei} dino :)
[09:06] {magoo} morning
[09:06] {Threei} magoo :)
[09:09] {dptl} good morning all
[09:10] {Threei} dp :)
[09:11] {magoo} wwhat u stalkin vad?
[09:12] {Threei} bacon with eggs
[09:12] {magoo} ketchup??
[09:12] {Threei} (both are begetables in my mind)
[09:13] {Threei} keeping an eye on ADBE, BSC, half eye on V
[09:13] {GeoArb} gm all
[09:14] {Threei} Geo :)
[09:16] {magoo} just wondering if i get V
[09:16] {Threei} try
[09:16] {magoo} i have bid 0.01 ask 1000, u same vad?
[09:16] {Threei} 75 x 75.50
[09:16] {magoo} what exchange is IPO?
[09:17] {Threei} NYSE I think
[09:17] {magoo} why would i get bsc but not V?
[09:17] {magoo} i need to talk to laser i guess
[09:17] {Threei} you are full of mysteries mags...
[09:18] {tomg} i don't get V either, magoo
[09:19] {magoo} any real thoughts why i get say leh or bsc but not v vad?
[09:19] {Threei} you are not seeing ARCA?
[09:19] {Threei} maybe you have ARCA book turned off
[09:19] {Threei} since those days when it was broken
[09:20] {Threei} try to turn it back on, you should get those bids/offers
[09:20] {magoo} showing arca
[09:20] {tomg} now i'm getting it
[09:21] * Threei is now known as Chip and Dale
[09:22] {magoo} funny, but i hid arb, then un hid it and worked..THANX
[09:22] {tomg} good morning
[09:22] {Threei} tom :)
[09:23] {Threei} sometimes you just need to open the hood and close it again for the engine to start, mags
[09:23] {magoo} vad, look TMA..wild action
[09:23] {Threei} (that's my recipe for fixing cars, FWIW)
[09:24] {Threei} TMA long piece of news
[09:24] {Threei} starts with ANNOUNCES 1YEAR REVERSE REPURCHASE OVERRIDE AGREEMENT AND PROPOSED $1B PUBLIC OFFERING OF CONVERTIBLE NOTES
- Suspends dividend during term of agreement
[09:25] {magoo} just fell from 4 to 2
[09:26] {ThurstonHowellTheThird} gm all
[09:27] {Threei} thtt :)
[09:27] {magoo} mr howell:)
[09:27] {Threei} COIN daily looks like major breakdown losing 10
[09:28] {Threei} BSC makes some wild swings, no technical triggers, momo play if you can get a feel for it
[09:29] {magoo} coin not avail vad sh
[09:29] {Threei} too bad
[09:30] {bruce} ilmn long break prospect - volatile
[09:31] {bruce} geesh - one buck pop
[09:31] {bruce} forget it - spread outrageous
[09:31] {Threei} 7 break long BSC half lot if holding above 6.80
[09:32] {magoo} how about as a bouncer?
[09:32] {Threei} invalidated
[09:33] {Threei} yes but no way to get a rid for now
[09:33] {Threei} ADBE, watch pullback closer to 34 for long
[09:33] {magoo} TMA bounced
[09:34] {bruce} emkr on 7.30break vad?
[09:34] {Threei} nah
[09:35] {bruce} fading - forget int
[09:35] {Threei} ADBE, first strength from here
[09:35] {bruce} \amzn long?
[09:36] {Threei} not sure
[09:36] {Threei} 34.01 long ADBE
[09:36] {magoo} .97 here
[09:37] {Threei} srtop .89
[09:37] {curtisweese} l aapl 132.59
[09:38] {lumdus} morning all
[09:38] {curtisweese} nev mind...dropping bfore i executed
[09:38] {Threei} lum :)
[09:39] {bruce} stopped adbe
[09:39] {curtisweese} l aapl 132.59 now
[09:39] {Threei} yup
[09:40] {bruce} still possible long - we need new setup
[09:40] {magoo} yep
[09:40] {curtisweese} out aapl made . 34
[09:40] {Threei} too jumpy
[09:40] {Threei} no indication for entry
[09:41] {curtisweese} omg i got out way too early .....sigh
[09:41] {curtisweese} s aapl 133.50
[09:41] {magoo} adbe have news vad?
[09:42] {Threei} nothing fresh
[09:42] {cosmo} BWLD fly'n
[09:42] {curtisweese} out aapl short made .25
[09:43] {curtisweese} l aapl 133.50
[09:44] {curtisweese} out aapl made .36
[09:44] {curtisweese} jeez i'm on fire with aapl
[09:44] {Chaeron} good morning everybody
[09:44] {Threei} chaeron :)
[09:44] {magoo} any rumors surrounding V IPO as in should be great or wha?}
[09:44] {Threei} any?
[09:44] {Threei} this is the biggest IPO in US history
[09:45] {Threei} there are all kinds of speculations around it
[09:45] {magoo} go 100 points like BIDU?
[09:45] {magoo} my best trade ever in room here, remember? i made 12k
[09:45] {curtisweese} do you guys leave when you make your daily allotment really early?
[09:45] {curtisweese} wow!! magoo! 12k....drool!!
[09:46] {magoo} first thing is...fish feast
[09:46] * magoo slaps curtisweese around a bit with a large trout
[09:46] {Chaeron} curtis... no we hang around and harrass Threei
[09:46] {lumdus} which stock magoo ?
[09:46] {Threei} AMKR .21 long if holding above .10
[09:46] {magoo} bidu IPO
[09:46] {magoo} we were hittiung it in room, vad remembers it
[09:46] {dino} no curtis, just trade smaller
[09:47] {Threei} .41 another try ADBE
[09:48] {magoo} iu like that read vad
[09:48] {Threei} if losing .20, abandoning breakouts on it, pullbacks only
[09:48] {bruce} stop about .15 adbe vad?
[09:48] {curtisweese} l aapl 133.94
[09:48] {Threei} if sets up from here yes
[09:48] {bruce} k
[09:49] {Threei} sorry, misread you bruce... stop .25
[09:49] {Threei} for scalpers
[09:49] {Threei} for day trade yes, .15
[09:49] {Chaeron} in ADBE
[09:49] {bruce} l adbe .41
[09:50] {curtisweese} out aapl made .26
[09:50] {Threei} sheesh
[09:50] {Threei} I switch to AAPL {G}
[09:50] {bruce} stopped adbe -21c
[09:50] {Chaeron} me too
[09:50] {Chaeron} stopped
[09:50] {magoo} really
[09:51] {curtisweese} i'm at almost 3x goal already....jeez...i love you aapl
[09:51] {magoo} whats your daily goal?
[09:52] {curtisweese} 500
[09:52] {curtisweese} l aapl 133.75
[09:52] {curtisweese} doh! dropped before entry
[09:53] {curtisweese} okay now in
[09:53] {Threei} NFLX
[09:53] {Threei} long .40 break half lot
[09:54] {dino} lamr s .63, stop .91
[09:54] {Threei} stop under .20
[09:55] {Threei} 1:1
[09:56] {curtisweese} lost on aapl .18 :(
[09:56] {Threei} offering NFLX .85
[09:56] {Chaeron} nice Vad
[09:56] {Threei} out in full
[09:56] {ThurstonHowellTheThird} ty +.40
[09:56] {magoo} out .92 full
[09:57] {dino} gj tht3
[09:57] {magoo} WOW nice vad
[09:57] {esemde} late to the party ...goood morning
[09:57] {Threei} ese :)
[09:57] {dino} gm es
[09:57] {Threei} wow, even that was too soon?
[09:57] {Threei} hah
[09:57] {Threei} look at ADBE
[09:57] {esemde} bstop ADBE 34 50
[09:58] {Threei} lesson learned... pullback stock, no breakouts on it
[09:58] {esemde} reading my mind Vad
[09:58] {magoo} mean muther ADBE
[09:58] {Threei} not sure about it ese
[09:58] {magoo} feels like 35 tho
[09:58] {esemde} how so?
[09:58] {Threei} it stopped us twice on breaks
[09:58] {Threei} but moves nicely off pullbacks
[09:58] {esemde} good enough for me bstop removed
[09:58] {Threei} I wouyld try to enter it on shakout
[09:59] {magoo} hard pullbks too vad..like .30 cents
[09:59] {Threei} yes, too wide to keep small stop and reenter
[09:59] {magoo} btw..NFLX easy button worthy
[09:59] {lumdus} lly break of .71 long
[10:00] {Threei} NFLX took us back to even after ADBE shakes
[10:00] {Threei} still need to make some money
[10:00] {dptl} nflx+.43 ty
[10:00] {Threei} dp :)
[10:00] {curtisweese} l aapl 133.48
[10:01] {magoo} i'm with ya boss:)
[10:01] {curtisweese} run aapl run
[10:02] {curtisweese} good long entry here too in myu opinion at 133...oh...i entered at 132.48 sorry
[10:03] {curtisweese} out aapl made .24
[10:03] {esemde} bstop HOLX 58.01
[10:04] {lumdus} l lly 50.71 stop 50.58
[10:04] {lumdus} stop 50.63 on lly
[10:05] {curtisweese} l aapl
[10:05] {curtisweese} jeez bush gets up and market tanks....grrrrr
[10:06] {lumdus} funny hah ?
[10:06] {cosmo} tanks are obsolete
[10:06] {dino} lamr stopped -.33
[10:06] {curtisweese} i'm l aapl from 133.08
[10:08] {lumdus} stop on lly 50.64
[10:08] {lumdus} i think lly about to pay off nicely
[10:09] {dino} sirt
[10:09] {magoo} vad..look NFLX here..thats why wee scalp
[10:09] {curtisweese} out on aapl...can't figure out what it's doing
[10:10] {curtisweese} -.04
[10:10] {bruce} bsc looks to ba at support vad
[10:11] {bruce} thoughts on retrace long here?
[10:11] {esemde} ADBE ....off and runnin
[10:11] {curtisweese} s aapl now
[10:12] {Threei} this time it worked on break... {shrug}
[10:12] {Threei} with stop under 6 bruce?
[10:12] {bruce} that was my thought
[10:12] {esemde} better safe than sorry
[10:13] {curtisweese} out .03 only lol
[10:13] {bruce} bsc invalid now
[10:14] {esemde} HOLX invalid for me...
[10:15] {Threei} V open
[10:16] {bruce} adsk looks long on break of .66
[10:16] {Chaeron} priced @ 44
[10:16] {magoo} not on sh list V vad lol
[10:17] {Threei} US FUEL DEALERS SEND LETTER TO PRESIDENT BUSH URGING IMMEDIATE RELEASE OF EMERGENCY HEATING OIL SUPPLIES-
[10:17] {Threei} of course not, fresh IPO
[10:18] {bruce} adsk invalid
[10:19] {bruce} eric long vad?
[10:19] {Threei} .47 trigger with .34 stop
[10:20] {Threei} a bit slow and narrow
[10:20] {dino} cpla
[10:20] {dino} thin
[10:20] {curtisweese} l aapl
[10:20] {lumdus} .47 trigger for ?
[10:20] {bruce} yes - but lots of range to retrace if it breaks with conviction
[10:21] {Threei} ERIC lum, bruce's question
[10:22] {lumdus} klac maybe also
[10:22] {esemde} long ARTC 33.56 1/2 lot
[10:23] {curtisweese} l aapl 132.78
[10:24] {dino} fwlt l .02 sm wide
[10:24] {esemde} Vad can intelliscan do moving average crossovers?
[10:24] {curtisweese} out lost .06
[10:25] {curtisweese} where is market going? :(
[10:25] {Threei} yes ese
[10:25] {esemde} kinda down ish kinda up ish......
[10:25] {curtisweese} short aapl 132.73
[10:25] {Threei} right click on the alert widnow
[10:25] {esemde} how do i get to that....I've been looking
[10:25] {Threei} Configure
[10:26] {Threei} Select Alerts
[10:26] {esemde} ok
[10:26] {Threei} scroll down to Crossed above ... moving average, there are a few of them
[10:27] {curtisweese} out aapl made .27
[10:27] {esemde} ah....let me rephrase the question......
[10:27] {esemde} i'm looking for a 13ma crossing over a 34 ma......can i configure that
[10:27] {dino} fwlt stop to .97, mrk not helping
[10:28] {esemde} Out ARTC .94
[10:28] {Threei} oh, I see what you mean
[10:28] {esemde} +..48
[10:28] {curtisweese} ese, nice!
[10:28] {dino} gj
[10:28] {Threei} not sure ese
[10:28] {esemde} sorry make that +.38
[10:28] {curtisweese} aapl performing weird....like somebody is buying at 132.50 it keeps jumping up and down strange
[10:29] {esemde} tks curtis....
[10:30] {Threei} DOE CRUDE: +133K V +2.2ME ; GASOLINE: -3.5M V +100KE ; DISTILLATES: -2.9M V -1.5ME ; UTILIZATION: % V 85.3%E
API:
[10:30] {Threei} - Crude: +2.5M
[10:30] {Threei} - Gasoline: -786K
[10:30] {Threei} - Distillate:-1.6M
[10:30] {curtisweese} s aapl 132.4
[10:30] {Threei} yikes
[10:31] {curtisweese} out aapl short made .14
[10:31] {curtisweese} darn too early again
[10:32] {curtisweese} s aapl again 131.95 i got
[10:32] {dino} fwlt stopped flat
[10:33] {magoo} wow BSC under 5
[10:33] {curtisweese} out aapl short made .15
[10:33] {ThurstonHowellTheThird} fwlt +.26 ty dino
[10:33] {Threei} RIMM held very well while NQ dropped
[10:34] {bruce} alxn starting to look like short candidate dino
[10:35] {dino} y
[10:35] {lumdus} rimm heard vad and went south
[10:35] {dino} missed
[10:35] {lumdus} l pep 71.24 stop 71.16
[10:36] {Threei} yup, it tried to stand its own but market pressure become too much
[10:36] {curtisweese} l aapl 132.02
[10:37] {curtisweese} i mean 131.02
[10:37] {lumdus} there goes pep
[10:38] {curtisweese} out made .32
[10:39] {magoo} vad..i've never come across any trader such as curtis here
[10:39] {dino} lol
[10:39] {dino} reminds me of blaster
[10:40] {esemde} My afternoon breakout play will be Holx....loning for a breakout over 58.00
[10:40] {esemde} thats "looking"
[10:40] {dino} i'm loning
[10:40] {esemde} i used too as well......
[10:41] {Threei} lol
[10:41] {esemde} use it in english phrases " he lons" she lons" they lon"
[10:41] {curtisweese} s aapl 132.49
[10:42] {lumdus} if market turns up pep will fly imvho
[10:42] {curtisweese} out lost .20
[10:44] {dino} bwld s .70
[10:44] {dino} smbl
[10:45] {esemde} what the heck does a company called buffalo wild wings do anyway?
[10:46] {esemde} been watching that one dino....
[10:46] {dino} alxn was a beauty bruce
[10:46] {cosmo} ese....its a music group, maybe
[10:47] {cosmo} checking
[10:47] {dino} wings, ribs etc
[10:47] {dino} tgif type
[10:47] {esemde} hmmm.....
[10:48] {cosmo} nasty stuff
[10:48] {dino} not to me
[10:48] {dino} had wings last two days for lunch, scorned woman sauce, mmmmm
[10:49] {bruce} great dino
[10:49] {magoo} vad, u trading without us??
[10:50] {Threei} nope
[10:50] {Threei} looking around
[10:50] {dino} wait until vad's cruise, we'll all be eating wings and drinking beer
[10:50] {magoo} u better not be.lol
[10:50] {magoo} i gonna check your analysis sheet
[10:52] {GeoArb} quick Q... how do you guys exit a position on laser?
[10:52] {GeoArb} linit or market?
[10:52] {GeoArb} also click or hotkeys?
[10:52] {Threei} limit below the inside price
[10:53] {GeoArb} ahhh
[10:53] {GeoArb} i was clicking inside
[10:53] {GeoArb} a couple below?
[10:53] {Threei} on fast stocks vcan be a bit late
[10:53] {Threei} yeah
[10:53] {Threei} some use hotkeys
[10:53] {Threei} some use mouse
[10:53] {GeoArb} i was looking if i can create a hot key.... something like sell bid smart route
[10:53] {magoo} i like to lay out ahead and let it come to my offee
[10:53] {lumdus} market still open ? LOL
[10:53] {dptl} got to leave early have a good one all
[10:53] {GeoArb} using OMS?
[10:54] {Threei} take care dp
[10:54] {Threei} OMS is for stops
[10:54] {GeoArb} bye dp
[10:54] {GeoArb} yes
[10:54] {GeoArb} thanks... ill look into hotkeys
[10:55] {curtisweese} s aapl 132.23
[11:00] {Threei} sorry, lost connection
[11:00] {GeoArb} man i was desparate
[11:00] {GeoArb} looks like i am addicted to this room :)
[11:01] {dino} y
[11:01] {Chaeron} so you go thru withdrawls atfter the close? :)
[11:01] {GeoArb} nope after first half
[11:01] {GeoArb} as i go to work :(
[11:01] {magoo} we were off\
[11:01] {lumdus} i got disconnected also
[11:02] {curtisweese} l aapl 131.63
[11:02] {curtisweese} here comes the run :)
[11:02] {bruce} sheesh
[11:03] {curtisweese} market is going up...come on market
[11:03] {bruce} vadster gave me tjhe boot
[11:03] {bruce} and I never even trouted him today
[11:03] {bruce} yet
[11:03] {dino} fwlt l .60
[11:04] * bruce slaps Threei around a bit with a large trout
[11:04] * magoo slaps Threei around a bit with a large trout
[11:04] {esemde} ese....gets slimmed in backwash......
[11:04] {dino} sm cpla l .91
[11:05] {bruce} fwlt stop .35 or so dino?
[11:05] * GeoArb slaps Threei around a bit with a large trout
[11:05] {judi} Judi and Jim signing in
[11:05] {GeoArb} just checking the tools :D
[11:06] {Threei} MF 10 break for a scalp
[11:06] {Threei} with .89 stop
[11:06] {Chaeron} in
[11:07] {magoo} in
[11:08] {Threei} no worky
[11:08] {bruce} stopped mf -15c
[11:08] {Chaeron} me out - stopped
[11:08] {magoo} out
[11:08] {lumdus} l amzn 72.52 stop 72.38
[11:10] {curtisweese} out aapl made .36
[11:10] {bruce} sheesh -I'm kiss of death vad- if I take trade they usually don't work
[11:10] {curtisweese} l aapl again 132.28
[11:13] {curtisweese} here we go
[11:13] {magoo} its when the 3 of us do {chaer, bruce, magoo}
[11:13] {lumdus} out amzn 72.78
[11:13] {Chaeron} lol
[11:14] {curtisweese} market going up aapl down? any news?
[11:15] {Threei} nothing AAPL specific
[11:15] {curtisweese} i lowering my stop....that's too weird....it is someone messing with the market! lol
[11:19] {curtisweese} out aapl lost .07
[11:21] {bruce} ebay long candiate on 28.10 break
[11:22] {lumdus} curtis, don't blame me i aint messin with the amrket
[11:22] {dino} de l .98 sm
[11:22] {curtisweese} l aapl 132.03
[11:23] {curtisweese} oh man...come on market!
[11:24] {lumdus} lot of scared folks today. we need a nice turnaround now.
[11:25] {dino} it's all lum's fault
[11:26] {curtisweese} vad ...what does aapl chart look like to you...breakdown or up?
[11:26] {curtisweese} nev mind...market pulling it up
[11:27] {Threei} AAPL is disconnected somewhat
[11:28] {curtisweese} yeah! it is weird
[11:31] {bruce} fwlt holding 54 so far dino
[11:31] {lumdus} maybe aapl good short ?
[11:31] {magoo} RIMM vad 106 magnate?
[11:32] {Threei} RIMM will do what market will... unlike AAPL which lives in its own world today
[11:32] {Threei} and yes, AAPl starts looking like short
[11:33] {Threei} .20 nearest resistance, let's see how it acts here
[11:33] {Threei} if breaks it no read
[11:34] {dino} y bruce
[11:34] {curtisweese} i'll bite... s aapl 132
[11:35] {Threei} stop above .20
[11:37] {lumdus} vad, you think jpm due for some pullback ?
[11:38] {curtisweese} die aapl die!
[11:38] {Threei} there are no signs either way on the chart lum
[11:38] {Threei} it's horribly overextended on daily
[11:38] {Threei} but it doesn't mean it's ready to drop
[11:39] {lumdus} let me give it a shot short jpm 44.81 stop 44.87
[11:39] {Threei} market can stay insane longer than reasonable man could suggest
[11:39] {lumdus} risk vs reward is worth it i think on the downside
[11:39] {Threei} withg such tight stop, why not
[11:40] {lumdus} i think maybe .50 i can cover if it works :)
[11:42] {curtisweese} out lost .18
[11:42] {lumdus} hmm, no worky jpm yet
[11:42] {bruce} stopped aapl -.20c
[11:42] {Threei} nothing is really
[11:42] {lumdus} very surprised it look too good.
[11:42] {Threei} a lot of meaningless moves
[11:42] {Threei} moast of them are noise
[11:45] {Threei} V starts looking like going to 61
[11:45] {dino} out cpla .31 +.40
[11:46] {bruce} ewz may reverse near here dino
[11:46] {Chaeron} my chart screwed up on V with LASER...
[11:46] {Threei} this is because of wierd print at 199
[11:46] {Chaeron} that must have been my buy
[11:46] {curtisweese} dino...nice
[11:48] {curtisweese} s aapl 132.02
[11:48] {dino} ewz around 77.60s
[11:48] {dino} imo
[11:48] {bruce} k - still determined to go down now for sure
[11:49] {bruce} we have higher low in fwlt now
[11:49] {curtisweese} put aapl short made .32
[11:49] {dino} i'm in it sm .60, wide
[11:49] {dino} fmcn
[11:51] {Threei} nice going AAPL
[11:51] {curtisweese} thanks!
[11:56] {bruce} k- still wtching - want to see .27 hold
[11:58] {Threei} judi, dcc please
[11:58] {dino} bwld won't move, bstop to b/e
[11:59] {curtisweese} s aapl 131.75
[12:00] {Threei} remember our old swing trade VLNC?
[12:00] {Threei} made new 52 high today
[12:00] {Threei} worth keeping an eye on
[12:01] {curtisweese} out aapl short made .20
[12:03] {curtisweese} s aapl again 131.61
[12:03] {bruce} artc starting to look like short candidate dino
[12:05] {curtisweese} out lost .03
[12:05] {Threei} LEH CFO: HAVE PICKED UP SOME BSC CLIENTS, 'RETICENT' ABOUT 'PICKING OVER THE BONES' AT BSC - INTERVIEW COMMENTS
- Says used Fed lending facilitiy last night
[12:05] {Threei} - Says firm did lose some 'jittery' clients, but expects some of those clients to come back
[12:06] {dino} i can't borrow it artc
[12:06] {curtisweese} 1 more try aapl short 131.65
[12:07] {curtisweese} out lost .08 :(
[12:07] {bruce} k
[12:10] {dino} bwld stopped +.04
[12:13] {dino} ewz l sm .75
[12:16] {curtisweese} l aapl 131.82
[12:17] {curtisweese} out aapl made .1
[12:20] {curtisweese} l aapl 131.89
[12:20] {curtisweese} out lost .1 :(
[12:22] {GeoArb} test
[12:24] {Chaeron} I hope not... I didn't study
[12:26] {curtisweese} s aapl 131.83
[12:27] {bruce} out ewz -.20c
[12:28] {curtisweese} out aapl chicken that i am made .05
[12:29] {esemde} bstop BWLD 23.76....
[12:32] {dino} fmcn run
[12:32] {curtisweese} i gotta go so L aapl 131.86 and then i'm done for sure! break 132 aapl....come on!!!!!
[12:32] {Threei} hawk, looks dcc please
[12:33] {curtisweese} out aapl made .14 okay...bye everyone happy trading
[12:33] {Threei} VLNC, 4.20 break long, NOT a day trade most likely
[12:33] {Threei} take care curtis
[12:34] {bruce} I like bhp longhere dino
[12:34] {esemde} see ya curtis
[12:36] {dino} dwsn s l .20 wide, spready
[12:36] {dino} fmcn off of .00 l, sm wide
[12:39] {dino} ewz stopped-.40
[12:41] {Threei} FNM .11 long if stays above 31
[12:42] {Threei} invalidated
[12:42] {GeoArb} not a good day today
[12:42] {GeoArb} and i took th day off hehehehehe
[12:42] {magoo} aapl bounce soon vad?
[12:43] {Threei} no read on it magoo
[12:44] {Threei} so it's all your fault geo
[12:44] {GeoArb} yup :(
[12:51] {Threei} just as we adjusted to bear market and traded nicely for a month or so, it turned into bull and threw us off :)
[12:53] {magoo} any read V vad??
[12:53] {Threei} too hectic on its first day
[12:54] {Threei} it feels like a good trading candidate when first fever dies down
[12:54] {Threei} let's give it a few days
[12:56] {magoo} any read RIMM vad}??
[12:58] {Threei} .50 break is asking to be bought
[12:58] {dino} out fmcn .05, +1.05
[12:58] {Threei} but everything is tolugh read today
[13:00] {bruce} out bhp - only +08 but at least a win
[13:00] {bruce} wow - congrats dino
[13:01] {magoo} are markets open easter monday anyone?
[13:01] {dino} ty lucky
[13:01] {dino} y
[13:01] {bruce} coulda used a treade like that
[13:03] {dino} lets find one then
[13:03] {dino} big pull back fmcn
[13:03] {bruce} looking
[13:04] {bruce} yes - watching it - still has room to go long
[13:05] {bruce} de starting to look long to me here dino
[13:05] {Threei} IRAQ SET TO SIGN DEALS WORTH UP TO $2.5B NEXT MONTH WITH 5 MAJORS TO BOOST OIL OUTPUT BY 500K BPD - GOVERNMENT ADVISOR
[13:06] {bruce} thats what iraq needs - an econmy and some people working again
[13:11] {Threei} LEH short 44 break
[13:11] {Threei} half lot
[13:12] {Threei} stop above .20
[13:14] {Chaeron} in
[13:15] {Chaeron} s LEH .98
[13:15] {Threei} 1:1
[13:16] {Threei} MER drops like a rock
[13:16] {Threei} no reason for LEH not to follow
[13:18] {dino} rumors mer 10billion hit coming
[13:19] {Chaeron} oi
[13:19] {Threei} isn't it nice
[13:19] {Threei} they throw billions around like kids throw toys in a sandbox
[13:20] {dino} funny, they are supposedly the "pros" at this stuff
[13:20] {GeoArb} dino ... whats the source of rumor?
[13:21] {Threei} every time I see all those nicely framed certificates on the wall in some financial advisor office, i think:
[13:21] {Threei} have you made anything in the market trading your own money, ever?
[13:21] {Chaeron} another piece of toilet paper?
[13:22] {Chaeron} dang market trying up
[13:22] {dino} doug kass realmoney.com
[13:22] {GeoArb} thnks
[13:22] {Threei} I guess now it's a rumor of previous rumor being not true?
[13:23] {GeoArb} out
[13:28] {Threei} too bad haven't reshorted LEH
[13:28] {GeoArb} you out too vad?
[13:28] {Threei} on a first drop into .70
[13:28] {GeoArb} ah
[13:29] {GeoArb} i let it go against me
[13:29] {Chaeron} I am by accident @ 44.03... don't know how...
[13:29] {GeoArb} didnt book
[13:29] {Threei} then couldn't get a new read on it as it went above two resistance levels
[13:29] {Chaeron} -.05
[13:29] {GeoArb} sheesh.... i shouldnt stay at home
[13:32] {Threei} wow
[13:32] {Threei} it went to .62 - 65 area twice, you haven't taken any?
[13:32] {bruce} I got out flat - was waiting at .50 for leh - greedy I guess
[13:33] {GeoArb} no was too slow
[13:33] {GeoArb} heh.... yup and then got stopped :)
[13:33] {bruce} vad made right choice grabbing 30c
[13:33] {dino} out dwsn .80, +.60
[13:34] {GeoArb} y
[13:34] {dino} opps, partial out
[13:34] {GeoArb} S LEH 43.59
[13:34] {bruce} great dino - you're on fire - didn't see that entry
[13:37] {dino} scroll up 12:37
[13:37] {bruce} yup - there it is - did I say I can read?
[13:38] {dino} oil -5 bucks
[13:38] {dino} gold -56
[13:42] {bruce} they'll pay us 56 bucks to take gold offhands? - im in for that
[13:44] {dino} sm risky l fmcn .35 wide
[13:46] {dino} out fmcn .85, +.50
[13:47] {bruce} nice -
[13:47] {dino} ty
[13:48] {bruce} I had no read long or short in it - fmcn has my number
[13:49] {dino} waiting at .30
[13:49] {bruce} stld looks like long candidate to me dino -
[13:53] {dino} y
[13:53] {bruce} tanking for moment
[13:56] {bruce} double bottom fwlt -
[13:58] {esemde} still have bstop on BWLD
[13:58] {esemde} 23.76
[13:58] {dino} lol
[13:58] {dino} thing won't move
[14:01] {esemde} ya ..it's lookin like it
[14:01] {dino} sm l stld .00
[14:02] {esemde} it's got indigestion dino......Hot Wings
[14:02] {dino} somethings holding it up
[14:06] {Threei} esemde, look dcc please
[14:10] {esemde} hi Vad ...just saw the dcc
[14:10] {lumdus} maybe little bounce here ?
[14:12] {bruce} l stld sm .77
[14:14] {bruce} stop .65
[14:15] {dino} ccow
[14:21] {dino} fcsx sm l .90
[14:26] {dino} fcsx stopped -.40
[14:27] {bruce} exit stld +.05 - dont care for this weakness
[14:31] {dino} my stop is .64
[14:32] {bruce} sounds good - we have a couple lower highs now so not very confident as long here -
[14:32] {bruce} still think low is near th0ough
[14:34] {esemde} Ok dino....am removing my bstop on BWLD......
[14:35] {dino} surprised you're still talking to me w/that one
[14:35] {esemde} pourquo?
[14:37] {esemde} it's still a good bet
[14:37] {dino} stld stoppedddddddddddddddddddddddddd
[14:37] {dino} y
[14:37] {bruce} adsk scaalp prospect on break of .91
[14:37] {bruce} sorry dino
[14:38] {dino} no worries
[14:38] {bruce} nyet on adsk
[14:40] {bruce} taking break
[14:41] {bruce} I hink fmcn is long prsopect near here dino
[14:41] {dino} financials blowing up
[14:42] {bruce} k- vad probably withdrew his cash
[14:42] {bruce} entire american economic system in ruins
[14:43] {dino} nah
[14:46] {lumdus} yeah, we just got to short the whole american economy and we be gok.
[14:46] {Threei} not yet bruce... but fed is working on it
[14:48] {dino} re-inflate it all, thats what they will do. its the fastest way out
[14:48] {dino} sm l fmcn .51
[14:50] {Threei} both LEH and MER look tempting to short off resistance
[14:51] {Threei} market looks like about to tank as if world ends
[14:51] {dino} what resistance lol
[14:51] {Threei} MER is right at one
[14:51] {judi} ty dino fmcn good l +.15
[14:52] {Threei} LEH can't quite climb there
[14:53] {Threei} 40 cents drop MER from the resistance
[14:54] {dino} :)
[14:55] {lumdus} if themarket drops again, i like amzn for reversal. very strong all day long
[14:58] {dino} dwsn sm l .52
[14:59] {lumdus} out amzn +.33
[14:59] {Threei} volume dried up on this bounce
[14:59] {Threei} if market wants time, it's time
[15:01] {lumdus} so leh we go short now ?
[15:02] {Threei} I have hard time finding entry points, too many shakeouts
[15:02] {Threei} JPM looks like deat spiral starts too
[15:05] {judi} for us a great + day, 5 for 5 trades, be back tomorrow thanks everyone
[15:09] {Threei} good job judi
[15:10] {dino} gj
[15:12] {Threei} OK, gotta try it
[15:12] {magoo} jpm short u m mean?
[15:12] {Threei} JPM stop over .20, looking for entry
[15:12] {magoo} how about MER?
[15:13] {Threei} one at a time for me
[15:13] {Threei} got .99
[15:14] {lumdus} of all the banks BSC looks like it wants up. way tooo funny
[15:14] {Threei} lol
[15:15] {Threei} well, that one already went through the circumcision of such a scale...
[15:15] {bruce} back
[15:15] {bruce} everybody make huge profits while I was gone?
[15:16] {Threei} judi did
[15:16] {bruce} k
[15:16] {lumdus} no bruce we all waited for you.
[15:16] {bruce} congrats judi
[15:16] {bruce} well thanx lum
[15:16] {bruce} now theres a gentleman
[15:17] {bruce} Ilike apol long here dino
[15:18] {lumdus} jpm not behaving like vad wants.
[15:18] {esemde} signing off ladies and gentlemen....see ya tomorrow
[15:18] {lumdus} maybe we need to wack it a little big
[15:18] {Threei} bye ese, see you tomorrow
[15:19] {magoo} vad..are JPM & MER independent of mkt todaty?
[15:19] {Threei} not totally
[15:19] {Threei} no absolute correlation but still
[15:21] {lumdus} in amzn 72.00 stop 71.94
[15:22] {dino} apol dk
[15:22] {lumdus} if we have rebound now, amzn go nice - othewise i lose .05
[15:22] {Threei} moving JPM stop to .05
[15:22] {Threei} no point in risking too much on it
[15:24] {Threei} should I stop being a hypocrite and just grab 10 cents on JPM?
[15:25] {GeoArb} heh i did
[15:25] {Threei} hehe
[15:25] {GeoArb} looks choppy
[15:25] {Threei} I just find it hard to believe this thing is still holding
[15:26] {Threei} whatever... with 6 cents stop I'll give it a chance
[15:26] {Threei} although not many stocks missed a chance to shake me out today, lol
[15:27] {GeoArb} yeah crappy day
[15:27] {GeoArb} -ve oday
[15:27] {GeoArb} should sneak trades from work
[15:27] {GeoArb} much better
[15:27] {Threei} die you lousy financial monstrousity
[15:28] {Threei} 1:1
[15:28] {Threei} covered half
[15:29] * Threei is sending to magoo request for death dance for JPM
[15:30] {GeoArb} all scalps turing in daytrades :D
[15:30] {magoo} die DDDDDDDDDUIIIIIIIIIEEEEEEEEEEEEEEEEEE
[15:30] {Threei} movement wise this one is completed as a scalp
[15:30] {dino} daa daa daa....uh huh, uh huh
[15:30] {Threei} I just want more from it
[15:31] {GeoArb} comeone guys dont kill it
[15:31] {GeoArb} it holds my home mortgage !!!
[15:31] {Threei} why not
[15:31] {Threei} so?
[15:31] {Threei} it's not like they owe you
[15:31] {Threei} you owe them
[15:31] {GeoArb} well as long as loan is forgiven hehehehe
[15:31] {Threei} they go under, you are mortgage-free :)
[15:31] {GeoArb} KILL IT NOW !!!!
[15:31] {Threei} there
[15:31] {ThurstonHowellTheThird} lol
[15:32] {Chaeron} lol... routing for ya Geo
[15:32] {GeoArb} i was bored so orded vad;s book
[15:32] {GeoArb} AFTER buying the course
[15:33] {Threei} which book?
[15:33] {dino} you'll be really bored when it arrives, lol
[15:33] {GeoArb} tape
[15:33] {Threei} TTR?
[15:33] {GeoArb} y
[15:33] {Threei} you won't regret it
[15:33] {GeoArb} i really need to figure out whats JBE and DBI (cant figure out when he says it)
[15:33] {GeoArb} :D
[15:33] {Threei} lol
[15:33] {Threei} magoo
[15:34] {Threei} can you put your elbow in dino's ribcage please?
[15:34] {dino} :)
[15:34] {Threei} :)
[15:34] {magoo} just thru easy button at him
[15:34] {dino} i'm driving him crazy today
[15:35] {Threei} your market today?
[15:35] {dino} lod
[15:35] {dino} below goal, but not bad
[15:35] {Threei} good job
[15:35] {Threei} not my market
[15:35] {Threei} JPM trade will put me at breakeven at best
[15:36] {GeoArb} yeah.... i got scared out
[15:36] {Threei} too many shakes
[15:36] {GeoArb} so -ve
[15:36] {Threei} all stops are within a reason, just a tad too many of them
[15:36] {dino} i think i need to buy this dip
[15:36] {Threei} thanks for NFLX trade and something else that I forgot that kept me not too deep under water
[15:37] {Threei} so JPM should take me at the surafce
[15:37] {Threei} hear that, morgan?
[15:37] {Threei} die
[15:37] {Threei} 1:2, 1/4 more out
[15:37] {Threei} +.40
[15:38] {dino} wow oih -10
[15:38] {Threei} that's some day... equities, oil aand gold down
[15:39] {Threei} btw guys, futures symbol rollover, don't forget
[15:41] {GeoArb} you know maybe i am wrong but my personal opinion is that LII doesnt help me much
[15:42] {dino} everyone is different
[15:42] {GeoArb} maybe am a newbies at ths but get a headache
[15:42] {Threei} what are you trying to use it for?
[15:42] {dino} no, thats just the market in general
[15:43] {GeoArb} mostly for thickness fo stock and volatility
[15:43] {GeoArb} not direction
[15:43] {Threei} right
[15:43] {Threei} so how does it not help?
[15:43] {GeoArb} but even those if my scanner is right i see only the good ones
[15:43] {GeoArb} right?
[15:43] {Threei} look at level 2 BIDU
[15:44] {Threei} and JPM
[15:44] {GeoArb} ok
[15:44] {Threei} which one is safer, by just a single glance on level 2
[15:44] {GeoArb} jpm
[15:44] {Threei} there
[15:44] {GeoArb} wide spread in bidu
[15:44] {Threei} what else do you want from level2? :)
[15:44] {GeoArb} but if my scanner had a max spread filter
[15:44] {Threei} it allowed you to evaluate risk in one second
[15:44] {GeoArb} bidu would never show up
[15:45] {Threei} ummm
[15:45] {Threei} not necesasary
[15:45] {Threei} spread is one factor
[15:45] {Threei} sizes, gap between levels, pace
[15:45] {Threei} all that is not something scanner will help with
[15:45] {GeoArb} can scan for size but not for level and pace agreed
[15:46] {Threei} trailing JPM last portion to .85
[15:48] {Threei} out
[15:49] {Threei} last trade of the day took the day from negative to useless
[15:49] {GeoArb} i promise not to stay home
[15:49] {Threei} thank you
[15:51] {GeoArb} learned a lot.... good days and bad
[15:51] {GeoArb} thanks vad and eveyone
[15:51] {GeoArb} bye
[15:51] {Threei} geo, you are perfectionist, aren't you
[15:51] {dino} fmcn stopped
[15:51] {GeoArb} just an engineer
[15:51] {Threei} biggest winning day is 7 times bigger than biggest losing
[15:52] {Threei} and 4 winning out of 6
[15:52] {GeoArb} thats was lucky bsc short
[15:52] {GeoArb} an abberration
[15:52] {Threei} sigh
[15:52] {Threei} those engineers
[15:53] {GeoArb} "those" forgot previous life eh?
[15:53] {Threei} lol
[15:53] {Threei} life is full of aberrations
[15:54] {Threei} Ok guys, thank you all
[15:54] {Threei} have a good evening, see you tomorrow
[15:55] {bruce} vad - glad you had OK day
[15:55] {Threei} OK is too loud
[15:55] {Threei} barely scratched my way to flat
[15:55] {bruce} k -
[15:56] {bruce} not I
[15:56] {bruce} keep getting almosty all your losing trades and missing wins
[15:56] {bruce} not sure what to do except stop taking all yur calls
[15:56] {Threei} or take all of them?
[15:57] {bruce} not always possible
[15:57] {Threei} it's your selection that undermined your performance today
[15:57] {dino} adding sm de overnight, holding dwsn, adding sm fwlt overnight
[15:57] {Threei} well, whatever you do or whoever you follow, you never will get all of them, right?
[15:58] {bruce} agreed and understood
[15:58] {Threei} most of them gave ample time for entery
[15:58] {Threei} JPM was available
[15:58] {Threei} NFLX too
[15:58] {bruce} missed those
[16:00] {dino} -300, 366 pt range
[16:17] {bruce} you expecting long bounce de overnight dno?
[16:19] {dino} y
[16:20] {bruce} its at support
[16:20] {bruce} but no sign of a reversal here
[16:22] {bruce} hope it works out
[16:25] {dino} small position, not too worried
[16:27] {bruce} I've been learning lots from you
[16:27] {bruce} want to thank you
[16:27] {bruce} still not able to read spikes -
[16:28] {bruce} \but I think I can see some progress on reading slower reversals
[16:28] {bruce} night all
[16:34] {dino} you're doing fine bruce, i see it. you're very good at capitulations
[08:13] {Threei} Good morning
[08:13] {Threei} Visa IPO prices start
[08:13] {Threei} not sure what time it opens for trading
[08:13] {Threei} symbol is V
[08:18] {hawkfan4} good morning Vad, all
[08:19] {Threei} hawk :)
[08:27] {maryaliceann} Good morning
[08:27] {Threei} morning mary
[08:28] {Threei} you don't mind the shoret for the nick I hope
[08:28] {Threei} short
[08:28] {maryaliceann} not at all .. was wondering if I could change it .. make it shorter?
[08:29] {Threei} sure, let me know the new one and I will register it and give you instructions how to re-login
[08:31] {maryaliceann} I like Onix
[08:31] {Threei} done, same password as before,
[08:31] {Threei} now type /login,
[08:31] {Threei} hit enter,
[08:32] {Threei} you will get a prompt for a nick and password,
[08:32] {maryaliceann} Thanks Vad
[08:32] {Threei} enter new ones
[08:33] {Threei} there you go
[08:33] {Onix} piece of cake with you on the other side!
[08:34] {Threei} I like keeping things simple... cup for tea, fork for meat, no vegetables allowed
[08:36] {Onix} But "they all" say vegetables are good for you?
[08:36] {Threei} they do... but I elect not to believe them since I hate veggies
[08:36] {Threei} except beef
[08:36] {Threei} which in my firm opinion is vegetable
[08:37] {Onix} because beef feed on vegetation .. right?
[08:38] {Threei} and you are what you eat... you got it
[08:43] {cosmo} we are star dust...
[08:43] {Threei} do we at least get to pick a star?
[08:44] {Threei} I claim Bethelheise )sp?)
[08:44] {cosmo} hmm
[08:45] {cosmo} Si?ius
[08:45] {cosmo} Sirius?
[08:45] {Threei} can be taken over by XMSR any day
[08:45] {Threei} so no
[08:47] {Threei} BSC is trying to squeeze again
[08:48] {Threei} V is priced at 44
[08:48] {Threei} bid 75 at the moment
[08:48] {cosmo} FMCN
[08:49] {cosmo} ...beats est
[08:50] {cosmo} 42 test
[08:55] {cosmo} ADBE beats est....
[08:55] {cosmo} 34 test
[08:56] {Threei} spiked after hours yesterday, hit 35 briefly if I remember correct
[08:56] {cosmo} 35.73 spike last nite
[08:57] {Threei} ADDED TO "BEST IDEAS LIST" AT CANACCORD ADAMS; MAINTAINS BUY RATING, PRICE TARGET $53
[08:57] {Threei} PRICE TARGET LOWERED TO $43 FROM $50 AT RBC CAPITAL; MAINTAINS OUTPERFORM RATING
[08:57] {Threei} make your pick {G}
[08:58] {cosmo} 43 for a scalp
[08:58] {Threei} some scalp...
[08:58] {cosmo} big hair
[08:58] {Threei} lol
[09:00] {Threei} MS CFO: LIQUIDITY ROSE TO $71B FROM $62B, ADJUSTED LEVERAGE RATIO FELL TO 16 FROM 17.6
[09:00] {Threei} all is well in Morgan Stanley world
[09:01] {cosmo} hmm...maybe they're next...
[09:01] {dino} gm all
[09:02] {Threei} TREASURY'S PAULSON: ENCOURAGED BY MORE FANNIE AND FREDDIE MORTGAGE FUNDS
[09:02] {Threei} dino :)
[09:06] {magoo} morning
[09:06] {Threei} magoo :)
[09:09] {dptl} good morning all
[09:10] {Threei} dp :)
[09:11] {magoo} wwhat u stalkin vad?
[09:12] {Threei} bacon with eggs
[09:12] {magoo} ketchup??
[09:12] {Threei} (both are begetables in my mind)
[09:13] {Threei} keeping an eye on ADBE, BSC, half eye on V
[09:13] {GeoArb} gm all
[09:14] {Threei} Geo :)
[09:16] {magoo} just wondering if i get V
[09:16] {Threei} try
[09:16] {magoo} i have bid 0.01 ask 1000, u same vad?
[09:16] {Threei} 75 x 75.50
[09:16] {magoo} what exchange is IPO?
[09:17] {Threei} NYSE I think
[09:17] {magoo} why would i get bsc but not V?
[09:17] {magoo} i need to talk to laser i guess
[09:17] {Threei} you are full of mysteries mags...
[09:18] {tomg} i don't get V either, magoo
[09:19] {magoo} any real thoughts why i get say leh or bsc but not v vad?
[09:19] {Threei} you are not seeing ARCA?
[09:19] {Threei} maybe you have ARCA book turned off
[09:19] {Threei} since those days when it was broken
[09:20] {Threei} try to turn it back on, you should get those bids/offers
[09:20] {magoo} showing arca
[09:20] {tomg} now i'm getting it
[09:21] * Threei is now known as Chip and Dale
[09:22] {magoo} funny, but i hid arb, then un hid it and worked..THANX
[09:22] {tomg} good morning
[09:22] {Threei} tom :)
[09:23] {Threei} sometimes you just need to open the hood and close it again for the engine to start, mags
[09:23] {magoo} vad, look TMA..wild action
[09:23] {Threei} (that's my recipe for fixing cars, FWIW)
[09:24] {Threei} TMA long piece of news
[09:24] {Threei} starts with ANNOUNCES 1YEAR REVERSE REPURCHASE OVERRIDE AGREEMENT AND PROPOSED $1B PUBLIC OFFERING OF CONVERTIBLE NOTES
- Suspends dividend during term of agreement
[09:25] {magoo} just fell from 4 to 2
[09:26] {ThurstonHowellTheThird} gm all
[09:27] {Threei} thtt :)
[09:27] {magoo} mr howell:)
[09:27] {Threei} COIN daily looks like major breakdown losing 10
[09:28] {Threei} BSC makes some wild swings, no technical triggers, momo play if you can get a feel for it
[09:29] {magoo} coin not avail vad sh
[09:29] {Threei} too bad
[09:30] {bruce} ilmn long break prospect - volatile
[09:31] {bruce} geesh - one buck pop
[09:31] {bruce} forget it - spread outrageous
[09:31] {Threei} 7 break long BSC half lot if holding above 6.80
[09:32] {magoo} how about as a bouncer?
[09:32] {Threei} invalidated
[09:33] {Threei} yes but no way to get a rid for now
[09:33] {Threei} ADBE, watch pullback closer to 34 for long
[09:33] {magoo} TMA bounced
[09:34] {bruce} emkr on 7.30break vad?
[09:34] {Threei} nah
[09:35] {bruce} fading - forget int
[09:35] {Threei} ADBE, first strength from here
[09:35] {bruce} \amzn long?
[09:36] {Threei} not sure
[09:36] {Threei} 34.01 long ADBE
[09:36] {magoo} .97 here
[09:37] {Threei} srtop .89
[09:37] {curtisweese} l aapl 132.59
[09:38] {lumdus} morning all
[09:38] {curtisweese} nev mind...dropping bfore i executed
[09:38] {Threei} lum :)
[09:39] {bruce} stopped adbe
[09:39] {curtisweese} l aapl 132.59 now
[09:39] {Threei} yup
[09:40] {bruce} still possible long - we need new setup
[09:40] {magoo} yep
[09:40] {curtisweese} out aapl made . 34
[09:40] {Threei} too jumpy
[09:40] {Threei} no indication for entry
[09:41] {curtisweese} omg i got out way too early .....sigh
[09:41] {curtisweese} s aapl 133.50
[09:41] {magoo} adbe have news vad?
[09:42] {Threei} nothing fresh
[09:42] {cosmo} BWLD fly'n
[09:42] {curtisweese} out aapl short made .25
[09:43] {curtisweese} l aapl 133.50
[09:44] {curtisweese} out aapl made .36
[09:44] {curtisweese} jeez i'm on fire with aapl
[09:44] {Chaeron} good morning everybody
[09:44] {Threei} chaeron :)
[09:44] {magoo} any rumors surrounding V IPO as in should be great or wha?}
[09:44] {Threei} any?
[09:44] {Threei} this is the biggest IPO in US history
[09:45] {Threei} there are all kinds of speculations around it
[09:45] {magoo} go 100 points like BIDU?
[09:45] {magoo} my best trade ever in room here, remember? i made 12k
[09:45] {curtisweese} do you guys leave when you make your daily allotment really early?
[09:45] {curtisweese} wow!! magoo! 12k....drool!!
[09:46] {magoo} first thing is...fish feast
[09:46] * magoo slaps curtisweese around a bit with a large trout
[09:46] {Chaeron} curtis... no we hang around and harrass Threei
[09:46] {lumdus} which stock magoo ?
[09:46] {Threei} AMKR .21 long if holding above .10
[09:46] {magoo} bidu IPO
[09:46] {magoo} we were hittiung it in room, vad remembers it
[09:46] {dino} no curtis, just trade smaller
[09:47] {Threei} .41 another try ADBE
[09:48] {magoo} iu like that read vad
[09:48] {Threei} if losing .20, abandoning breakouts on it, pullbacks only
[09:48] {bruce} stop about .15 adbe vad?
[09:48] {curtisweese} l aapl 133.94
[09:48] {Threei} if sets up from here yes
[09:48] {bruce} k
[09:49] {Threei} sorry, misread you bruce... stop .25
[09:49] {Threei} for scalpers
[09:49] {Threei} for day trade yes, .15
[09:49] {Chaeron} in ADBE
[09:49] {bruce} l adbe .41
[09:50] {curtisweese} out aapl made .26
[09:50] {Threei} sheesh
[09:50] {Threei} I switch to AAPL {G}
[09:50] {bruce} stopped adbe -21c
[09:50] {Chaeron} me too
[09:50] {Chaeron} stopped
[09:50] {magoo} really
[09:51] {curtisweese} i'm at almost 3x goal already....jeez...i love you aapl
[09:51] {magoo} whats your daily goal?
[09:52] {curtisweese} 500
[09:52] {curtisweese} l aapl 133.75
[09:52] {curtisweese} doh! dropped before entry
[09:53] {curtisweese} okay now in
[09:53] {Threei} NFLX
[09:53] {Threei} long .40 break half lot
[09:54] {dino} lamr s .63, stop .91
[09:54] {Threei} stop under .20
[09:55] {Threei} 1:1
[09:56] {curtisweese} lost on aapl .18 :(
[09:56] {Threei} offering NFLX .85
[09:56] {Chaeron} nice Vad
[09:56] {Threei} out in full
[09:56] {ThurstonHowellTheThird} ty +.40
[09:56] {magoo} out .92 full
[09:57] {dino} gj tht3
[09:57] {magoo} WOW nice vad
[09:57] {esemde} late to the party ...goood morning
[09:57] {Threei} ese :)
[09:57] {dino} gm es
[09:57] {Threei} wow, even that was too soon?
[09:57] {Threei} hah
[09:57] {Threei} look at ADBE
[09:57] {esemde} bstop ADBE 34 50
[09:58] {Threei} lesson learned... pullback stock, no breakouts on it
[09:58] {esemde} reading my mind Vad
[09:58] {magoo} mean muther ADBE
[09:58] {Threei} not sure about it ese
[09:58] {magoo} feels like 35 tho
[09:58] {esemde} how so?
[09:58] {Threei} it stopped us twice on breaks
[09:58] {Threei} but moves nicely off pullbacks
[09:58] {esemde} good enough for me bstop removed
[09:58] {Threei} I wouyld try to enter it on shakout
[09:59] {magoo} hard pullbks too vad..like .30 cents
[09:59] {Threei} yes, too wide to keep small stop and reenter
[09:59] {magoo} btw..NFLX easy button worthy
[09:59] {lumdus} lly break of .71 long
[10:00] {Threei} NFLX took us back to even after ADBE shakes
[10:00] {Threei} still need to make some money
[10:00] {dptl} nflx+.43 ty
[10:00] {Threei} dp :)
[10:00] {curtisweese} l aapl 133.48
[10:01] {magoo} i'm with ya boss:)
[10:01] {curtisweese} run aapl run
[10:02] {curtisweese} good long entry here too in myu opinion at 133...oh...i entered at 132.48 sorry
[10:03] {curtisweese} out aapl made .24
[10:03] {esemde} bstop HOLX 58.01
[10:04] {lumdus} l lly 50.71 stop 50.58
[10:04] {lumdus} stop 50.63 on lly
[10:05] {curtisweese} l aapl
[10:05] {curtisweese} jeez bush gets up and market tanks....grrrrr
[10:06] {lumdus} funny hah ?
[10:06] {cosmo} tanks are obsolete
[10:06] {dino} lamr stopped -.33
[10:06] {curtisweese} i'm l aapl from 133.08
[10:08] {lumdus} stop on lly 50.64
[10:08] {lumdus} i think lly about to pay off nicely
[10:09] {dino} sirt
[10:09] {magoo} vad..look NFLX here..thats why wee scalp
[10:09] {curtisweese} out on aapl...can't figure out what it's doing
[10:10] {curtisweese} -.04
[10:10] {bruce} bsc looks to ba at support vad
[10:11] {bruce} thoughts on retrace long here?
[10:11] {esemde} ADBE ....off and runnin
[10:11] {curtisweese} s aapl now
[10:12] {Threei} this time it worked on break... {shrug}
[10:12] {Threei} with stop under 6 bruce?
[10:12] {bruce} that was my thought
[10:12] {esemde} better safe than sorry
[10:13] {curtisweese} out .03 only lol
[10:13] {bruce} bsc invalid now
[10:14] {esemde} HOLX invalid for me...
[10:15] {Threei} V open
[10:16] {bruce} adsk looks long on break of .66
[10:16] {Chaeron} priced @ 44
[10:16] {magoo} not on sh list V vad lol
[10:17] {Threei} US FUEL DEALERS SEND LETTER TO PRESIDENT BUSH URGING IMMEDIATE RELEASE OF EMERGENCY HEATING OIL SUPPLIES-
[10:17] {Threei} of course not, fresh IPO
[10:18] {bruce} adsk invalid
[10:19] {bruce} eric long vad?
[10:19] {Threei} .47 trigger with .34 stop
[10:20] {Threei} a bit slow and narrow
[10:20] {dino} cpla
[10:20] {dino} thin
[10:20] {curtisweese} l aapl
[10:20] {lumdus} .47 trigger for ?
[10:20] {bruce} yes - but lots of range to retrace if it breaks with conviction
[10:21] {Threei} ERIC lum, bruce's question
[10:22] {lumdus} klac maybe also
[10:22] {esemde} long ARTC 33.56 1/2 lot
[10:23] {curtisweese} l aapl 132.78
[10:24] {dino} fwlt l .02 sm wide
[10:24] {esemde} Vad can intelliscan do moving average crossovers?
[10:24] {curtisweese} out lost .06
[10:25] {curtisweese} where is market going? :(
[10:25] {Threei} yes ese
[10:25] {esemde} kinda down ish kinda up ish......
[10:25] {curtisweese} short aapl 132.73
[10:25] {Threei} right click on the alert widnow
[10:25] {esemde} how do i get to that....I've been looking
[10:25] {Threei} Configure
[10:26] {Threei} Select Alerts
[10:26] {esemde} ok
[10:26] {Threei} scroll down to Crossed above ... moving average, there are a few of them
[10:27] {curtisweese} out aapl made .27
[10:27] {esemde} ah....let me rephrase the question......
[10:27] {esemde} i'm looking for a 13ma crossing over a 34 ma......can i configure that
[10:27] {dino} fwlt stop to .97, mrk not helping
[10:28] {esemde} Out ARTC .94
[10:28] {Threei} oh, I see what you mean
[10:28] {esemde} +..48
[10:28] {curtisweese} ese, nice!
[10:28] {dino} gj
[10:28] {Threei} not sure ese
[10:28] {esemde} sorry make that +.38
[10:28] {curtisweese} aapl performing weird....like somebody is buying at 132.50 it keeps jumping up and down strange
[10:29] {esemde} tks curtis....
[10:30] {Threei} DOE CRUDE: +133K V +2.2ME ; GASOLINE: -3.5M V +100KE ; DISTILLATES: -2.9M V -1.5ME ; UTILIZATION: % V 85.3%E
API:
[10:30] {Threei} - Crude: +2.5M
[10:30] {Threei} - Gasoline: -786K
[10:30] {Threei} - Distillate:-1.6M
[10:30] {curtisweese} s aapl 132.4
[10:30] {Threei} yikes
[10:31] {curtisweese} out aapl short made .14
[10:31] {curtisweese} darn too early again
[10:32] {curtisweese} s aapl again 131.95 i got
[10:32] {dino} fwlt stopped flat
[10:33] {magoo} wow BSC under 5
[10:33] {curtisweese} out aapl short made .15
[10:33] {ThurstonHowellTheThird} fwlt +.26 ty dino
[10:33] {Threei} RIMM held very well while NQ dropped
[10:34] {bruce} alxn starting to look like short candidate dino
[10:35] {dino} y
[10:35] {lumdus} rimm heard vad and went south
[10:35] {dino} missed
[10:35] {lumdus} l pep 71.24 stop 71.16
[10:36] {Threei} yup, it tried to stand its own but market pressure become too much
[10:36] {curtisweese} l aapl 132.02
[10:37] {curtisweese} i mean 131.02
[10:37] {lumdus} there goes pep
[10:38] {curtisweese} out made .32
[10:39] {magoo} vad..i've never come across any trader such as curtis here
[10:39] {dino} lol
[10:39] {dino} reminds me of blaster
[10:40] {esemde} My afternoon breakout play will be Holx....loning for a breakout over 58.00
[10:40] {esemde} thats "looking"
[10:40] {dino} i'm loning
[10:40] {esemde} i used too as well......
[10:41] {Threei} lol
[10:41] {esemde} use it in english phrases " he lons" she lons" they lon"
[10:41] {curtisweese} s aapl 132.49
[10:42] {lumdus} if market turns up pep will fly imvho
[10:42] {curtisweese} out lost .20
[10:44] {dino} bwld s .70
[10:44] {dino} smbl
[10:45] {esemde} what the heck does a company called buffalo wild wings do anyway?
[10:46] {esemde} been watching that one dino....
[10:46] {dino} alxn was a beauty bruce
[10:46] {cosmo} ese....its a music group, maybe
[10:47] {cosmo} checking
[10:47] {dino} wings, ribs etc
[10:47] {dino} tgif type
[10:47] {esemde} hmmm.....
[10:48] {cosmo} nasty stuff
[10:48] {dino} not to me
[10:48] {dino} had wings last two days for lunch, scorned woman sauce, mmmmm
[10:49] {bruce} great dino
[10:49] {magoo} vad, u trading without us??
[10:50] {Threei} nope
[10:50] {Threei} looking around
[10:50] {dino} wait until vad's cruise, we'll all be eating wings and drinking beer
[10:50] {magoo} u better not be.lol
[10:50] {magoo} i gonna check your analysis sheet
[10:52] {GeoArb} quick Q... how do you guys exit a position on laser?
[10:52] {GeoArb} linit or market?
[10:52] {GeoArb} also click or hotkeys?
[10:52] {Threei} limit below the inside price
[10:53] {GeoArb} ahhh
[10:53] {GeoArb} i was clicking inside
[10:53] {GeoArb} a couple below?
[10:53] {Threei} on fast stocks vcan be a bit late
[10:53] {Threei} yeah
[10:53] {Threei} some use hotkeys
[10:53] {Threei} some use mouse
[10:53] {GeoArb} i was looking if i can create a hot key.... something like sell bid smart route
[10:53] {magoo} i like to lay out ahead and let it come to my offee
[10:53] {lumdus} market still open ? LOL
[10:53] {dptl} got to leave early have a good one all
[10:53] {GeoArb} using OMS?
[10:54] {Threei} take care dp
[10:54] {Threei} OMS is for stops
[10:54] {GeoArb} bye dp
[10:54] {GeoArb} yes
[10:54] {GeoArb} thanks... ill look into hotkeys
[10:55] {curtisweese} s aapl 132.23
[11:00] {Threei} sorry, lost connection
[11:00] {GeoArb} man i was desparate
[11:00] {GeoArb} looks like i am addicted to this room :)
[11:01] {dino} y
[11:01] {Chaeron} so you go thru withdrawls atfter the close? :)
[11:01] {GeoArb} nope after first half
[11:01] {GeoArb} as i go to work :(
[11:01] {magoo} we were off\
[11:01] {lumdus} i got disconnected also
[11:02] {curtisweese} l aapl 131.63
[11:02] {curtisweese} here comes the run :)
[11:02] {bruce} sheesh
[11:03] {curtisweese} market is going up...come on market
[11:03] {bruce} vadster gave me tjhe boot
[11:03] {bruce} and I never even trouted him today
[11:03] {bruce} yet
[11:03] {dino} fwlt l .60
[11:04] * bruce slaps Threei around a bit with a large trout
[11:04] * magoo slaps Threei around a bit with a large trout
[11:04] {esemde} ese....gets slimmed in backwash......
[11:04] {dino} sm cpla l .91
[11:05] {bruce} fwlt stop .35 or so dino?
[11:05] * GeoArb slaps Threei around a bit with a large trout
[11:05] {judi} Judi and Jim signing in
[11:05] {GeoArb} just checking the tools :D
[11:06] {Threei} MF 10 break for a scalp
[11:06] {Threei} with .89 stop
[11:06] {Chaeron} in
[11:07] {magoo} in
[11:08] {Threei} no worky
[11:08] {bruce} stopped mf -15c
[11:08] {Chaeron} me out - stopped
[11:08] {magoo} out
[11:08] {lumdus} l amzn 72.52 stop 72.38
[11:10] {curtisweese} out aapl made .36
[11:10] {bruce} sheesh -I'm kiss of death vad- if I take trade they usually don't work
[11:10] {curtisweese} l aapl again 132.28
[11:13] {curtisweese} here we go
[11:13] {magoo} its when the 3 of us do {chaer, bruce, magoo}
[11:13] {lumdus} out amzn 72.78
[11:13] {Chaeron} lol
[11:14] {curtisweese} market going up aapl down? any news?
[11:15] {Threei} nothing AAPL specific
[11:15] {curtisweese} i lowering my stop....that's too weird....it is someone messing with the market! lol
[11:19] {curtisweese} out aapl lost .07
[11:21] {bruce} ebay long candiate on 28.10 break
[11:22] {lumdus} curtis, don't blame me i aint messin with the amrket
[11:22] {dino} de l .98 sm
[11:22] {curtisweese} l aapl 132.03
[11:23] {curtisweese} oh man...come on market!
[11:24] {lumdus} lot of scared folks today. we need a nice turnaround now.
[11:25] {dino} it's all lum's fault
[11:26] {curtisweese} vad ...what does aapl chart look like to you...breakdown or up?
[11:26] {curtisweese} nev mind...market pulling it up
[11:27] {Threei} AAPL is disconnected somewhat
[11:28] {curtisweese} yeah! it is weird
[11:31] {bruce} fwlt holding 54 so far dino
[11:31] {lumdus} maybe aapl good short ?
[11:31] {magoo} RIMM vad 106 magnate?
[11:32] {Threei} RIMM will do what market will... unlike AAPL which lives in its own world today
[11:32] {Threei} and yes, AAPl starts looking like short
[11:33] {Threei} .20 nearest resistance, let's see how it acts here
[11:33] {Threei} if breaks it no read
[11:34] {dino} y bruce
[11:34] {curtisweese} i'll bite... s aapl 132
[11:35] {Threei} stop above .20
[11:37] {lumdus} vad, you think jpm due for some pullback ?
[11:38] {curtisweese} die aapl die!
[11:38] {Threei} there are no signs either way on the chart lum
[11:38] {Threei} it's horribly overextended on daily
[11:38] {Threei} but it doesn't mean it's ready to drop
[11:39] {lumdus} let me give it a shot short jpm 44.81 stop 44.87
[11:39] {Threei} market can stay insane longer than reasonable man could suggest
[11:39] {lumdus} risk vs reward is worth it i think on the downside
[11:39] {Threei} withg such tight stop, why not
[11:40] {lumdus} i think maybe .50 i can cover if it works :)
[11:42] {curtisweese} out lost .18
[11:42] {lumdus} hmm, no worky jpm yet
[11:42] {bruce} stopped aapl -.20c
[11:42] {Threei} nothing is really
[11:42] {lumdus} very surprised it look too good.
[11:42] {Threei} a lot of meaningless moves
[11:42] {Threei} moast of them are noise
[11:45] {Threei} V starts looking like going to 61
[11:45] {dino} out cpla .31 +.40
[11:46] {bruce} ewz may reverse near here dino
[11:46] {Chaeron} my chart screwed up on V with LASER...
[11:46] {Threei} this is because of wierd print at 199
[11:46] {Chaeron} that must have been my buy
[11:46] {curtisweese} dino...nice
[11:48] {curtisweese} s aapl 132.02
[11:48] {dino} ewz around 77.60s
[11:48] {dino} imo
[11:48] {bruce} k - still determined to go down now for sure
[11:49] {bruce} we have higher low in fwlt now
[11:49] {curtisweese} put aapl short made .32
[11:49] {dino} i'm in it sm .60, wide
[11:49] {dino} fmcn
[11:51] {Threei} nice going AAPL
[11:51] {curtisweese} thanks!
[11:56] {bruce} k- still wtching - want to see .27 hold
[11:58] {Threei} judi, dcc please
[11:58] {dino} bwld won't move, bstop to b/e
[11:59] {curtisweese} s aapl 131.75
[12:00] {Threei} remember our old swing trade VLNC?
[12:00] {Threei} made new 52 high today
[12:00] {Threei} worth keeping an eye on
[12:01] {curtisweese} out aapl short made .20
[12:03] {curtisweese} s aapl again 131.61
[12:03] {bruce} artc starting to look like short candidate dino
[12:05] {curtisweese} out lost .03
[12:05] {Threei} LEH CFO: HAVE PICKED UP SOME BSC CLIENTS, 'RETICENT' ABOUT 'PICKING OVER THE BONES' AT BSC - INTERVIEW COMMENTS
- Says used Fed lending facilitiy last night
[12:05] {Threei} - Says firm did lose some 'jittery' clients, but expects some of those clients to come back
[12:06] {dino} i can't borrow it artc
[12:06] {curtisweese} 1 more try aapl short 131.65
[12:07] {curtisweese} out lost .08 :(
[12:07] {bruce} k
[12:10] {dino} bwld stopped +.04
[12:13] {dino} ewz l sm .75
[12:16] {curtisweese} l aapl 131.82
[12:17] {curtisweese} out aapl made .1
[12:20] {curtisweese} l aapl 131.89
[12:20] {curtisweese} out lost .1 :(
[12:22] {GeoArb} test
[12:24] {Chaeron} I hope not... I didn't study
[12:26] {curtisweese} s aapl 131.83
[12:27] {bruce} out ewz -.20c
[12:28] {curtisweese} out aapl chicken that i am made .05
[12:29] {esemde} bstop BWLD 23.76....
[12:32] {dino} fmcn run
[12:32] {curtisweese} i gotta go so L aapl 131.86 and then i'm done for sure! break 132 aapl....come on!!!!!
[12:32] {Threei} hawk, looks dcc please
[12:33] {curtisweese} out aapl made .14 okay...bye everyone happy trading
[12:33] {Threei} VLNC, 4.20 break long, NOT a day trade most likely
[12:33] {Threei} take care curtis
[12:34] {bruce} I like bhp longhere dino
[12:34] {esemde} see ya curtis
[12:36] {dino} dwsn s l .20 wide, spready
[12:36] {dino} fmcn off of .00 l, sm wide
[12:39] {dino} ewz stopped-.40
[12:41] {Threei} FNM .11 long if stays above 31
[12:42] {Threei} invalidated
[12:42] {GeoArb} not a good day today
[12:42] {GeoArb} and i took th day off hehehehehe
[12:42] {magoo} aapl bounce soon vad?
[12:43] {Threei} no read on it magoo
[12:44] {Threei} so it's all your fault geo
[12:44] {GeoArb} yup :(
[12:51] {Threei} just as we adjusted to bear market and traded nicely for a month or so, it turned into bull and threw us off :)
[12:53] {magoo} any read V vad??
[12:53] {Threei} too hectic on its first day
[12:54] {Threei} it feels like a good trading candidate when first fever dies down
[12:54] {Threei} let's give it a few days
[12:56] {magoo} any read RIMM vad}??
[12:58] {Threei} .50 break is asking to be bought
[12:58] {dino} out fmcn .05, +1.05
[12:58] {Threei} but everything is tolugh read today
[13:00] {bruce} out bhp - only +08 but at least a win
[13:00] {bruce} wow - congrats dino
[13:01] {magoo} are markets open easter monday anyone?
[13:01] {dino} ty lucky
[13:01] {dino} y
[13:01] {bruce} coulda used a treade like that
[13:03] {dino} lets find one then
[13:03] {dino} big pull back fmcn
[13:03] {bruce} looking
[13:04] {bruce} yes - watching it - still has room to go long
[13:05] {bruce} de starting to look long to me here dino
[13:05] {Threei} IRAQ SET TO SIGN DEALS WORTH UP TO $2.5B NEXT MONTH WITH 5 MAJORS TO BOOST OIL OUTPUT BY 500K BPD - GOVERNMENT ADVISOR
[13:06] {bruce} thats what iraq needs - an econmy and some people working again
[13:11] {Threei} LEH short 44 break
[13:11] {Threei} half lot
[13:12] {Threei} stop above .20
[13:14] {Chaeron} in
[13:15] {Chaeron} s LEH .98
[13:15] {Threei} 1:1
[13:16] {Threei} MER drops like a rock
[13:16] {Threei} no reason for LEH not to follow
[13:18] {dino} rumors mer 10billion hit coming
[13:19] {Chaeron} oi
[13:19] {Threei} isn't it nice
[13:19] {Threei} they throw billions around like kids throw toys in a sandbox
[13:20] {dino} funny, they are supposedly the "pros" at this stuff
[13:20] {GeoArb} dino ... whats the source of rumor?
[13:21] {Threei} every time I see all those nicely framed certificates on the wall in some financial advisor office, i think:
[13:21] {Threei} have you made anything in the market trading your own money, ever?
[13:21] {Chaeron} another piece of toilet paper?
[13:22] {Chaeron} dang market trying up
[13:22] {dino} doug kass realmoney.com
[13:22] {GeoArb} thnks
[13:22] {Threei} I guess now it's a rumor of previous rumor being not true?
[13:23] {GeoArb} out
[13:28] {Threei} too bad haven't reshorted LEH
[13:28] {GeoArb} you out too vad?
[13:28] {Threei} on a first drop into .70
[13:28] {GeoArb} ah
[13:29] {GeoArb} i let it go against me
[13:29] {Chaeron} I am by accident @ 44.03... don't know how...
[13:29] {GeoArb} didnt book
[13:29] {Threei} then couldn't get a new read on it as it went above two resistance levels
[13:29] {Chaeron} -.05
[13:29] {GeoArb} sheesh.... i shouldnt stay at home
[13:32] {Threei} wow
[13:32] {Threei} it went to .62 - 65 area twice, you haven't taken any?
[13:32] {bruce} I got out flat - was waiting at .50 for leh - greedy I guess
[13:33] {GeoArb} no was too slow
[13:33] {GeoArb} heh.... yup and then got stopped :)
[13:33] {bruce} vad made right choice grabbing 30c
[13:33] {dino} out dwsn .80, +.60
[13:34] {GeoArb} y
[13:34] {dino} opps, partial out
[13:34] {GeoArb} S LEH 43.59
[13:34] {bruce} great dino - you're on fire - didn't see that entry
[13:37] {dino} scroll up 12:37
[13:37] {bruce} yup - there it is - did I say I can read?
[13:38] {dino} oil -5 bucks
[13:38] {dino} gold -56
[13:42] {bruce} they'll pay us 56 bucks to take gold offhands? - im in for that
[13:44] {dino} sm risky l fmcn .35 wide
[13:46] {dino} out fmcn .85, +.50
[13:47] {bruce} nice -
[13:47] {dino} ty
[13:48] {bruce} I had no read long or short in it - fmcn has my number
[13:49] {dino} waiting at .30
[13:49] {bruce} stld looks like long candidate to me dino -
[13:53] {dino} y
[13:53] {bruce} tanking for moment
[13:56] {bruce} double bottom fwlt -
[13:58] {esemde} still have bstop on BWLD
[13:58] {esemde} 23.76
[13:58] {dino} lol
[13:58] {dino} thing won't move
[14:01] {esemde} ya ..it's lookin like it
[14:01] {dino} sm l stld .00
[14:02] {esemde} it's got indigestion dino......Hot Wings
[14:02] {dino} somethings holding it up
[14:06] {Threei} esemde, look dcc please
[14:10] {esemde} hi Vad ...just saw the dcc
[14:10] {lumdus} maybe little bounce here ?
[14:12] {bruce} l stld sm .77
[14:14] {bruce} stop .65
[14:15] {dino} ccow
[14:21] {dino} fcsx sm l .90
[14:26] {dino} fcsx stopped -.40
[14:27] {bruce} exit stld +.05 - dont care for this weakness
[14:31] {dino} my stop is .64
[14:32] {bruce} sounds good - we have a couple lower highs now so not very confident as long here -
[14:32] {bruce} still think low is near th0ough
[14:34] {esemde} Ok dino....am removing my bstop on BWLD......
[14:35] {dino} surprised you're still talking to me w/that one
[14:35] {esemde} pourquo?
[14:37] {esemde} it's still a good bet
[14:37] {dino} stld stoppedddddddddddddddddddddddddd
[14:37] {dino} y
[14:37] {bruce} adsk scaalp prospect on break of .91
[14:37] {bruce} sorry dino
[14:38] {dino} no worries
[14:38] {bruce} nyet on adsk
[14:40] {bruce} taking break
[14:41] {bruce} I hink fmcn is long prsopect near here dino
[14:41] {dino} financials blowing up
[14:42] {bruce} k- vad probably withdrew his cash
[14:42] {bruce} entire american economic system in ruins
[14:43] {dino} nah
[14:46] {lumdus} yeah, we just got to short the whole american economy and we be gok.
[14:46] {Threei} not yet bruce... but fed is working on it
[14:48] {dino} re-inflate it all, thats what they will do. its the fastest way out
[14:48] {dino} sm l fmcn .51
[14:50] {Threei} both LEH and MER look tempting to short off resistance
[14:51] {Threei} market looks like about to tank as if world ends
[14:51] {dino} what resistance lol
[14:51] {Threei} MER is right at one
[14:51] {judi} ty dino fmcn good l +.15
[14:52] {Threei} LEH can't quite climb there
[14:53] {Threei} 40 cents drop MER from the resistance
[14:54] {dino} :)
[14:55] {lumdus} if themarket drops again, i like amzn for reversal. very strong all day long
[14:58] {dino} dwsn sm l .52
[14:59] {lumdus} out amzn +.33
[14:59] {Threei} volume dried up on this bounce
[14:59] {Threei} if market wants time, it's time
[15:01] {lumdus} so leh we go short now ?
[15:02] {Threei} I have hard time finding entry points, too many shakeouts
[15:02] {Threei} JPM looks like deat spiral starts too
[15:05] {judi} for us a great + day, 5 for 5 trades, be back tomorrow thanks everyone
[15:09] {Threei} good job judi
[15:10] {dino} gj
[15:12] {Threei} OK, gotta try it
[15:12] {magoo} jpm short u m mean?
[15:12] {Threei} JPM stop over .20, looking for entry
[15:12] {magoo} how about MER?
[15:13] {Threei} one at a time for me
[15:13] {Threei} got .99
[15:14] {lumdus} of all the banks BSC looks like it wants up. way tooo funny
[15:14] {Threei} lol
[15:15] {Threei} well, that one already went through the circumcision of such a scale...
[15:15] {bruce} back
[15:15] {bruce} everybody make huge profits while I was gone?
[15:16] {Threei} judi did
[15:16] {bruce} k
[15:16] {lumdus} no bruce we all waited for you.
[15:16] {bruce} congrats judi
[15:16] {bruce} well thanx lum
[15:16] {bruce} now theres a gentleman
[15:17] {bruce} Ilike apol long here dino
[15:18] {lumdus} jpm not behaving like vad wants.
[15:18] {esemde} signing off ladies and gentlemen....see ya tomorrow
[15:18] {lumdus} maybe we need to wack it a little big
[15:18] {Threei} bye ese, see you tomorrow
[15:19] {magoo} vad..are JPM & MER independent of mkt todaty?
[15:19] {Threei} not totally
[15:19] {Threei} no absolute correlation but still
[15:21] {lumdus} in amzn 72.00 stop 71.94
[15:22] {dino} apol dk
[15:22] {lumdus} if we have rebound now, amzn go nice - othewise i lose .05
[15:22] {Threei} moving JPM stop to .05
[15:22] {Threei} no point in risking too much on it
[15:24] {Threei} should I stop being a hypocrite and just grab 10 cents on JPM?
[15:25] {GeoArb} heh i did
[15:25] {Threei} hehe
[15:25] {GeoArb} looks choppy
[15:25] {Threei} I just find it hard to believe this thing is still holding
[15:26] {Threei} whatever... with 6 cents stop I'll give it a chance
[15:26] {Threei} although not many stocks missed a chance to shake me out today, lol
[15:27] {GeoArb} yeah crappy day
[15:27] {GeoArb} -ve oday
[15:27] {GeoArb} should sneak trades from work
[15:27] {GeoArb} much better
[15:27] {Threei} die you lousy financial monstrousity
[15:28] {Threei} 1:1
[15:28] {Threei} covered half
[15:29] * Threei is sending to magoo request for death dance for JPM
[15:30] {GeoArb} all scalps turing in daytrades :D
[15:30] {magoo} die DDDDDDDDDUIIIIIIIIIEEEEEEEEEEEEEEEEEE
[15:30] {Threei} movement wise this one is completed as a scalp
[15:30] {dino} daa daa daa....uh huh, uh huh
[15:30] {Threei} I just want more from it
[15:31] {GeoArb} comeone guys dont kill it
[15:31] {GeoArb} it holds my home mortgage !!!
[15:31] {Threei} why not
[15:31] {Threei} so?
[15:31] {Threei} it's not like they owe you
[15:31] {Threei} you owe them
[15:31] {GeoArb} well as long as loan is forgiven hehehehe
[15:31] {Threei} they go under, you are mortgage-free :)
[15:31] {GeoArb} KILL IT NOW !!!!
[15:31] {Threei} there
[15:31] {ThurstonHowellTheThird} lol
[15:32] {Chaeron} lol... routing for ya Geo
[15:32] {GeoArb} i was bored so orded vad;s book
[15:32] {GeoArb} AFTER buying the course
[15:33] {Threei} which book?
[15:33] {dino} you'll be really bored when it arrives, lol
[15:33] {GeoArb} tape
[15:33] {Threei} TTR?
[15:33] {GeoArb} y
[15:33] {Threei} you won't regret it
[15:33] {GeoArb} i really need to figure out whats JBE and DBI (cant figure out when he says it)
[15:33] {GeoArb} :D
[15:33] {Threei} lol
[15:33] {Threei} magoo
[15:34] {Threei} can you put your elbow in dino's ribcage please?
[15:34] {dino} :)
[15:34] {Threei} :)
[15:34] {magoo} just thru easy button at him
[15:34] {dino} i'm driving him crazy today
[15:35] {Threei} your market today?
[15:35] {dino} lod
[15:35] {dino} below goal, but not bad
[15:35] {Threei} good job
[15:35] {Threei} not my market
[15:35] {Threei} JPM trade will put me at breakeven at best
[15:36] {GeoArb} yeah.... i got scared out
[15:36] {Threei} too many shakes
[15:36] {GeoArb} so -ve
[15:36] {Threei} all stops are within a reason, just a tad too many of them
[15:36] {dino} i think i need to buy this dip
[15:36] {Threei} thanks for NFLX trade and something else that I forgot that kept me not too deep under water
[15:37] {Threei} so JPM should take me at the surafce
[15:37] {Threei} hear that, morgan?
[15:37] {Threei} die
[15:37] {Threei} 1:2, 1/4 more out
[15:37] {Threei} +.40
[15:38] {dino} wow oih -10
[15:38] {Threei} that's some day... equities, oil aand gold down
[15:39] {Threei} btw guys, futures symbol rollover, don't forget
[15:41] {GeoArb} you know maybe i am wrong but my personal opinion is that LII doesnt help me much
[15:42] {dino} everyone is different
[15:42] {GeoArb} maybe am a newbies at ths but get a headache
[15:42] {Threei} what are you trying to use it for?
[15:42] {dino} no, thats just the market in general
[15:43] {GeoArb} mostly for thickness fo stock and volatility
[15:43] {GeoArb} not direction
[15:43] {Threei} right
[15:43] {Threei} so how does it not help?
[15:43] {GeoArb} but even those if my scanner is right i see only the good ones
[15:43] {GeoArb} right?
[15:43] {Threei} look at level 2 BIDU
[15:44] {Threei} and JPM
[15:44] {GeoArb} ok
[15:44] {Threei} which one is safer, by just a single glance on level 2
[15:44] {GeoArb} jpm
[15:44] {Threei} there
[15:44] {GeoArb} wide spread in bidu
[15:44] {Threei} what else do you want from level2? :)
[15:44] {GeoArb} but if my scanner had a max spread filter
[15:44] {Threei} it allowed you to evaluate risk in one second
[15:44] {GeoArb} bidu would never show up
[15:45] {Threei} ummm
[15:45] {Threei} not necesasary
[15:45] {Threei} spread is one factor
[15:45] {Threei} sizes, gap between levels, pace
[15:45] {Threei} all that is not something scanner will help with
[15:45] {GeoArb} can scan for size but not for level and pace agreed
[15:46] {Threei} trailing JPM last portion to .85
[15:48] {Threei} out
[15:49] {Threei} last trade of the day took the day from negative to useless
[15:49] {GeoArb} i promise not to stay home
[15:49] {Threei} thank you
[15:51] {GeoArb} learned a lot.... good days and bad
[15:51] {GeoArb} thanks vad and eveyone
[15:51] {GeoArb} bye
[15:51] {Threei} geo, you are perfectionist, aren't you
[15:51] {dino} fmcn stopped
[15:51] {GeoArb} just an engineer
[15:51] {Threei} biggest winning day is 7 times bigger than biggest losing
[15:52] {Threei} and 4 winning out of 6
[15:52] {GeoArb} thats was lucky bsc short
[15:52] {GeoArb} an abberration
[15:52] {Threei} sigh
[15:52] {Threei} those engineers
[15:53] {GeoArb} "those" forgot previous life eh?
[15:53] {Threei} lol
[15:53] {Threei} life is full of aberrations
[15:54] {Threei} Ok guys, thank you all
[15:54] {Threei} have a good evening, see you tomorrow
[15:55] {bruce} vad - glad you had OK day
[15:55] {Threei} OK is too loud
[15:55] {Threei} barely scratched my way to flat
[15:55] {bruce} k -
[15:56] {bruce} not I
[15:56] {bruce} keep getting almosty all your losing trades and missing wins
[15:56] {bruce} not sure what to do except stop taking all yur calls
[15:56] {Threei} or take all of them?
[15:57] {bruce} not always possible
[15:57] {Threei} it's your selection that undermined your performance today
[15:57] {dino} adding sm de overnight, holding dwsn, adding sm fwlt overnight
[15:57] {Threei} well, whatever you do or whoever you follow, you never will get all of them, right?
[15:58] {bruce} agreed and understood
[15:58] {Threei} most of them gave ample time for entery
[15:58] {Threei} JPM was available
[15:58] {Threei} NFLX too
[15:58] {bruce} missed those
[16:00] {dino} -300, 366 pt range
[16:17] {bruce} you expecting long bounce de overnight dno?
[16:19] {dino} y
[16:20] {bruce} its at support
[16:20] {bruce} but no sign of a reversal here
[16:22] {bruce} hope it works out
[16:25] {dino} small position, not too worried
[16:27] {bruce} I've been learning lots from you
[16:27] {bruce} want to thank you
[16:27] {bruce} still not able to read spikes -
[16:28] {bruce} \but I think I can see some progress on reading slower reversals
[16:28] {bruce} night all
[16:34] {dino} you're doing fine bruce, i see it. you're very good at capitulations
