Apr 17 2008
Session Time: Thu Apr 17 00:00:00 2008
[08:05] {Threei} SPWR
[08:05] {Threei} REPORTS Q1 $0.39 V $0.35E; R $273.7M V $245.2ME
- Gross margins 24%
[08:05] {Threei} - Guides FY EPS $2.10- 2.20 v 2.07e
[08:22] {fernp} gm
[08:25] {Threei} fernp :)
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 372K V 375KE;
[08:30] {Threei} CONTINUING CLAIMS: 2.984MM V 2.950ME
- Prior Initial Jobless Claims revised from 357K to 355K
[08:30] {Threei} - Prior Continuing Claims revised from 2.940M to 2.958M
[09:00] {Onix} Good morning pilgrims
[09:00] {Threei} onix :)
[09:07] {magoo} morning
[09:07] {GeoArb} gm
[09:07] {Threei} magoo, geo :)
[09:08] {magoo} ]what a start this morn
[09:08] {magoo} i forgot to put coffee pot under drip in machine
[09:08] {magoo} all 12 cups of coffee direct on carpet
[09:08] {magoo} then computer issues..needed tp reboot our dsl box
[09:09] {magoo} sigh
[09:09] {Threei} wow
[09:09] {magoo} i been here since 8:20 am
[09:09] {Threei} {--- waiting for the part explaining how all that is my fault
[09:09] {magoo} then i overflowed clogged sink in bathroom..had to mop thhat floor
[09:11] {Onix} Morning magoo ... at least now you are wide awake hey?
[09:12] {magoo} yeah..no kidding..what a start
[09:12] {magoo} hope it not a sign of day to come
[09:12] {dptl} good morning all
[09:13] {Threei} dp :)
[09:13] {Onix} its seems as if there is quite a bit of selling going on pre-market in the nd-100?
[09:15] {Threei} yup
[09:15] {markweb} good morning all
[09:15] {Threei} even with IBM good numbers
[09:15] {Threei} mark :)
[09:15] {markweb} :)
[09:16] {Onix} profit-taking after yesterday's up or stall of up move?
[09:17] {magoo} IBM hit over 125 afterhrs last night
[09:17] {magoo} RIMM powered 122 area and AAPL 155 with it
[09:18] {Threei} anyone's guess Onix
[09:18] {Threei} this is not a market obeying normal technical patterns in any timeframe beyond minutes
[09:20] {GeoArb} i got kicked out
[09:20] {GeoArb} and it said error no more connections
[09:22] {Onix} I am starting to prefer scalping to swing/momentum trading
[09:24] {esemde} Good morning
[09:24] {markweb} ese)
[09:24] {esemde} mark
[09:24] {Threei} ese :)
[09:24] {esemde} vad
[09:29] {Threei} IBM
[09:29] {Threei} PRICE TARGET RAISED TO $155 FROM $140 AT S&P EQUITY RESEARCH; MAINTAINS STRONG BUY RATING
[09:30] {Threei} serious dump IBM
[09:30] {magoo} if IF mkt bounces IBM should
[09:30] {Threei} bounce candidate for sure, just too fast to call in time
[09:31] {Threei} see?
[09:31] {Threei} 60 cents while I typed
[09:31] {magoo} yep
[09:32] {ThurstonHowellTheThird} gm all
[09:32] {Threei} EPIC half lot short on 8 breakdown
[09:32] {Threei} thtt :)
[09:33] {Threei} stop 8.25
[09:35] {Threei} too volatile... let's tighten it to abive 8.10
[09:35] {Threei} if shakes out so be it
[09:36] {Threei} feel free to dump it, jumps too much
[09:39] {Threei} PTEN
[09:39] {Threei} .50 long
[09:39] {Threei} stop under .35
[09:39] {magoo} AAPL held that naz dump well
[09:40] {GeoArb} wo that was fast
[09:40] {Threei} PTEN 1:1, 1/3 out for me
[09:40] {Threei} 1/2 sorry
[09:41] {Threei} looks capable of more
[09:41] {Roman}
21 JASO high
[09:41] {Threei} CSIQ and CSUN strength too
[09:43] {Threei} .44 stop for the balance PTEN
[09:43] {Threei} feels a bit too tight for this stock but I really don't want to give much back
[09:44] {Threei} EBAY
[09:44] {Threei} short candidate on bounce
[09:45] {Threei} as close to 31 as possible
[09:45] {magoo} EBAY report bad?
[09:46] {Threei} not really
[09:46] {Threei} concerns about future
[09:48] {Threei} 31.20 next resistance
[09:48] {Threei} if got it here, keep stop above that level
[09:49] {magoo} waiting .74 PTEN
[09:49] {magoo} here we go
[09:49] {Roman}
21 long ESLR
[09:49] {Roman}
21 10.95 1/2 size
[09:49] {Threei} ESLR earnings today, don't forget
[09:50] {magoo} after bell Right?
[09:50] {Threei} yes
[09:50] {magoo} may hold it back
[09:50] {Threei} or propel it
[09:50] {magoo} although ..who knows
[09:50] {Threei} just adds uncertainty
[09:50] {magoo} rimm long here
[09:51] {magoo} RISKY
[09:51] {Threei} as traders reposition themselves according to how they see earnings
[09:51] {magoo} wait for naz bounce firsyyt
[09:52] {Threei} let's tighten EBAY to .15
[09:52] {Threei} don't want to run into higherlow/highs scenario
[09:52] {magoo} vad..read on RIMM..not in
[09:52] {Threei} if it takes .15, it's unlikely that .20 is going to hold
[09:53] {Threei} RIMM, I'd look for entry closer to .20
[09:53] {magoo} damm..now my office bulbs are dying...flourecent
[09:54] {esemde} SOLF
[09:54] {magoo} vad..look aapl..no connection to naz
[09:54] {Threei} move your lazy butt already PTEN
[09:54] {magoo} where u waiting?
[09:54] {Threei} stop to .49 btw
[09:55] {Threei} no price target, will feed patrials into sharp spikes if they come
[09:56] {Threei} EBAY, just what I thought
[09:56] {esemde} SOLF didn't get the order in fast enough
[09:56] {magoo} i was gonna use your call in reverse
[09:56] {Threei} buy .15?
[09:56] {magoo} as in ebay break of .15 long lol
[09:56] {Threei} why not
[09:56] {magoo} cause i have all attention on rimm
[09:57] {Threei} a lotr of setups are two-sided
[09:57] {magoo} i don't have 3 eyes
[09:57] {Threei} ask STEM for help in growing it
[09:58] {magoo} u know how i feel about that one...its been banned from spoken words in this kingdom
[09:59] {ThurstonHowellTheThird} NFLX?
[09:59] {Threei} TMA
[09:59] {Threei} TICKING HIGHER, HEARING MERGERMARKETS REPORTS THAT DB IS PLANNING ROLE IN ATTEMPTED SAVE OF CO.
[10:00] {Threei} MAR LEADING INDICATORS: 0.1% V 0.1%E
[10:00] {esemde} Theres NUAN again
[10:00] {Threei} APRIL PHILADELPHIA FED INDEX: -24.9 V -15.0E
[10:00] {Threei} yikes
[10:01] {Threei} - New Orders: -18.8 v -9.3 prior
[10:01] {Threei} - Employment: -4.7 v -4.7 prior
[10:01] {Threei} - Prices Paid: 51.6 v 54.4 prior
[10:01] {Threei} - Inventories: -26.2 v -13 prior
[10:01] {esemde} NUAN 3 month high
[10:02] {Threei} Six-month business conditions outlook: 13.7 v -10.5 prior
[10:04] {Threei} well, the numbers are so bad, market just has to go up
[10:04] {esemde} any news on NUAN VAD
[10:04] {Threei} RIMM .51 long if holding above .30
[10:05] {Threei} not ffresh
[10:05] {Threei} 04/16/08 09:38am [NUAN] Strength being attributed to takeover chatter
[10:05] {esemde} hmmmmmm
[10:06] {Threei} RIMM invalidated
[10:06] {Threei} bounce candidate but not a break anymore
[10:06] {Threei} PTEN balance stop to .54
[10:07] {esemde} long ASML 27.15 1/2 lot
[10:10] {dptl} out ebay +.20 ty
[10:10] {Threei} good boy PTEN
[10:11] {Threei} out 1/4 more
[10:11] {esemde} good looking tade PTEN vad
[10:11] {Threei} .54 stop for remaining portion, letting it trade
[10:11] {esemde} thats "trade"
[10:12] {Threei} our dubious typing skills tend to rub off ese :)
[10:13] {Threei} lol... look at the chart since comment
[10:13] {Threei} [10:04] {Threei} well, the numbers are so bad, market just has to go up
[10:14] {esemde} it's gonna hit 29.00 though
[10:15] {Threei} PTEN is in uncharted territory... 52 week highs
[10:16] {esemde} could go farther then.......nobody selling up there
[10:17] {dptl} asml +.11 ty Ese
[10:17] {Threei} NSANY strength is attributed to rumors that Threei is going to update his Murano to 2009 model
[10:18] {markweb} out ASML +.16 ThanksESE:)
[10:18] {Threei} good job guys
[10:19] {esemde} welcome.....just going to hang for another little push
[10:19] {Threei} when CTDC starts p;opping on scanner amidst solars strength, you know HOKU is next, lol
[10:20] {esemde} OUT ASML
[10:20] {markweb} gj ese
[10:21] {esemde} that slipped out......
[10:21] {esemde} Am out now .47 was just gettingg ready
[10:22] {markweb} ASML "little push":)
[10:22] {esemde} +.32
[10:22] {Threei} PTEN stop to .59
[10:23] {esemde} was looking for that litle blow off top
[10:26] {esemde} NUAN baby!!!
[10:27] {markweb} u in nuan?
[10:27] {esemde} no.....
[10:27] {markweb} me2:)
[10:28] {esemde} Vad was there a price target mentioned on those take over rumnors
[10:28] {esemde} for nuan that is
[10:28] {Threei} no
[10:30] {bruce} l sds 59.85 stop .68
[10:30] {esemde} lotws ofselling at .95 to 20.00 level
[10:30] {esemde} could really go if it gets through that
[10:30] {Threei} ENER looks tempting on pullback
[10:30] {Threei} .60 closest support
[10:32] {esemde} I get this "somebody knows something " feeling about nuan
[10:33] {Threei} scary trade, for adrenalin deprived: POT
[10:33] {Threei} likely to go to 200 and break it
[10:33] {Threei} volatility is enormous
[10:34] {esemde} indeed
[10:34] {Threei} no exact call, see if you can get a read on it, stay away if not
[10:34] {Roman}
21 ANKS & JASO near highs
[10:35] {Threei} SOLF too
[10:35] {Threei} ENER near support
[10:35] {esemde} POT from my home province Saskatchewan
[10:36] {magoo} in .44
[10:36] {magoo} wait 200.44
[10:36] {Threei} FSLR, CSIQ... solars are on a roll
[10:37] {esemde} when i was a brakeman on the railroad puting myself through college....used that take potash cars out there daily
[10:39] {bruce} stopped sds
[10:39] {Roman}
21 STP
[10:40] {Roman}
21 out 1/2 ESLR +.20
[10:40] {esemde} is 200 a 5 year or 10 year high or something for POT
[10:41] {Roman}
21 COIN picking up steam
[10:42] {magoo} stopped POT
[10:43] {Roman}
21 DSTI another solar on radar
[10:46] {Threei} PNC CFO: - "We are in the worst housing market in the recorded history of the United States"
[10:50] {esemde} is that what they are saying vad
[10:50] {esemde} seems a litle hard to conceive after the 30's
[10:52] {bruce} l avt 27.80 stop 10 c
[10:54] {bruce} stopped avt
[10:54] {Threei} done with PTEN
[10:56] {Roman}
21 long JASO small
[10:56] {Roman}
21 24.68
[10:57] {magoo} why was POT up?news? could be a bouncer
[10:57] {Threei} 06:12am [POT] Price target raised to $300 from $250 at RBC
[10:57] {Roman}
21 for a bounce with a stop 24.50
[10:57] {Threei} plus general climate in food/fertilizers
[11:02] {Roman}
21 out JASO
[11:04] {Threei} I guess NFLX meteoric rise can be attributed to people being so disgusted with reality, they just want to get as many videos as they can and sit and watch them
[11:05] {GeoArb} lol
[11:05] {esemde} I would go along with that Vad
[11:05] {esemde} At least thats what the New Robert Redford film "Lions For Lambs" is all about...
[11:10] {Roman}
21 long CSIQ
[11:10] {Roman}
21 26.88 small
[11:11] {Roman}
21 looking for a bounce
[11:15] {Roman}
21 out CSIQ +.35
[11:15] {Roman}
21 very thin
[11:16] {Chaeron} GM all. Sorry I'm late
[11:16] {Threei} chaeron :)
[11:23] {Threei} ALTR 21.19 short if stays below .30
[11:27] {GeoArb} so.....
[11:27] {GeoArb} invalid?
[11:27] {GeoArb} or people ion?
[11:27] {GeoArb} in
[11:27] {Threei} it did go over .30, no?
[11:28] {GeoArb} well i am sure some people might not have taken the sugesstion :)
[11:28] {Threei} that's discretionary
[11:28] {GeoArb} i am flat... had left the screen so asking
[11:28] {Threei} risk is increased
[11:28] {esemde} outta here for the day all....
[11:28] {Threei} as resistance now is farther from trigger
[11:28] {GeoArb} also wasnt a decisive break
[11:28] {Threei} take care ese
[11:29] {esemde} see ya vad
[11:31] {magoo} altr vad..aren't u thinking it hols too well here?
[11:31] {magoo} hold=holds
[11:31] {Threei} so far, yes
[11:31] {Threei} double top scenario didn't materialize
[11:36] {Threei} watch RIMM for bounce
[11:44] {GeoArb} tom april option exp?
[11:47] {Threei} .50 break long RIMM if stays above .35
[11:48] {Threei} not holding support
[11:49] {Threei} ALTR trying to break high... believe it or not
[11:55] {dptl} ah....got to leave ...have a good rest of the day all,seeya tomorrow :)
[11:55] {Threei} take care dp
[11:56] {dptl} 8 out of 10 today not bad
[11:56] {Threei} I'll say
[11:56] {Threei} that bad day at the start of the week helped you renew
[11:56] {Threei} sometimes need that :)
[11:57] {dptl} yeah ..like reality check
[12:09] {Threei} ASTM
[12:09] {Threei} REPORTS ENCOURAGING CLINICAL DATA FROM FIRST EU COMPASSIONATE USE CARDIAC PATIENTS
- Announced encouraging data from the first two compassionate use patients treated with the Company's autologous stem cell therapy for dilated cardiomyopathy (DCM), a type of severe chronic heart failure.
[12:09] {Threei} - Aastrom is on track for submission of a U.S. Investigational New Drug (IND) application for a cardiac regeneration clinical trial using CRCs during 2008. The Company's ultimate target market for CRCs in the U.S. is 1.8 mi
[12:15] {Threei} ALTR, agggressive long .41
[12:16] {Threei} .35 support
[12:21] {Threei} CPST is highly irritating...
[12:23] {Threei} sometimes risk adversity keeps one from nice trades... couple dasys ago I was on a brink of calling DYII swing trade at 5.10
[12:24] {Threei} then decided it was crazy to go into swings in this masrket
[12:24] {Threei} crying now
[12:40] {Threei} everyone's asleep?
[12:41] {GeoArb} oh just waiting for you to finish crying
[12:41] {GeoArb} didt want to be rude
[12:41] {magoo} here
[12:41] {hawkfan4} half sleeping
[12:45] {Threei} i appreciate the sensitivity geo
[12:45] {Threei} ALTR invalidated
[12:51] {Threei} aimless wandering in the market'
[12:55] {Threei} AMZN
[12:55] {Threei} 74 break long
[12:55] {Threei} if stays above .90
[12:56] {Threei} 73.80 is a short trigger if it can't break olut
[12:57] {Threei} a bit too far from resistance, so be careful not to short into fast drop
[12:58] {Threei} take a look at 11:40 - 11:57 period to see what mean,
[12:58] {Threei} sharp drops into support followed by bounces
[12:59] {Threei} hunterlayne, you here?
[13:00] {Threei} FRE
[13:00] {Threei} SAYS TO BUY MORTGAGES FROM WELLS FARGO, JPM AND CTITGROUP
[13:01] {Threei} hmmm... mortgages become attractive buy?
[13:03] {Threei} I can sell mine to FRE... or whoever
[13:04] {GeoArb} stopped AMZN
[13:06] {_hunterlayne} Here
[13:06] {_hunterlayne} what ticker are you suggesting at 73.80
[13:06] {Threei} you wanted to ask something about RT yesterday?
[13:06] {_hunterlayne} not really, I just wanted to socialize and get to know the few people that were in the chat room
[13:06] {_hunterlayne} I'm seeing if I'm interested in this
[13:06] {Threei} OK... they are not usually here that late :)
[13:07] {Threei} that was about AMZN... didn't really show any setup either way
[13:07] {_hunterlayne} haha, yea I figured
[13:07] {Threei} invalidated long by losing support, then did the same to short
[13:07] {GeoArb} hmmm i missed that
[13:07] {GeoArb} paid for it
[13:08] {Threei} it lost .90 twice before breaking 74 geo
[13:08] {Threei} on volatile stock, sometimes little loss of support is OK,
[13:08] {GeoArb} what can i say.........
[13:08] {Threei} but twice - nah
[13:08] {GeoArb} :)
[13:08] {Threei} I don't know... if you are watching a stock for setup, are you really watching it? :)
[13:09] {GeoArb} yup .88 .89
[13:09] {_hunterlayne} The only problem I have is that I'm in college and I have lots of school work
[13:09] {Threei} hmmm
[13:09] {_hunterlayne} and day trading (since I gained access to my account) has been fairly distracting lol
[13:09] {Threei} maybe it's a good idea to finish a college first? :)
[13:10] {Threei} I don't want to present an obstacle on your way to education
[13:10] {_hunterlayne} haha, you aren't I promise
[13:10] {Threei} not telling you what to do of course
[13:10] {_hunterlayne} I already have my acceptance into dental school in the bag.. so don't worry
[13:10] {Threei} just offering options :)
[13:11] {Threei} OK, you know your situation better than anyone else
[13:11] {Threei} so... Seifield was right, and dentists do have their own schools?
[13:12] {_hunterlayne} Yup
[13:12] {_hunterlayne} I haven't seen that episode, but yes we do have 'Dental Schools'
[13:12] * Threei slaps magoo around a bit with a large trout
[13:13] {Threei} find it... funny one
[13:13] {ThurstonHowellTheThird} I think magoo is an anti-dentite
[13:13] {Threei} he certainly is
[13:13] {_hunterlayne} lol
[13:14] {_hunterlayne} What are your thoughts on RBCN, Vad?
[13:15] {Threei} volume is way too low to structure any play intraday
[13:15] {Threei} kind of "trades by appointment"
[13:16] {Threei} by daily chart, 25 is critical junction for it
[13:17] {Threei} if it comes to 25 slowly, consolidates a little and breaks, has a good chance for recovery
[13:17] {_hunterlayne} I'll keep that in mind
[13:18] {Threei} and for any pattern to become more reliable on it, it needs real volume
[13:18] {_hunterlayne} Were you guys around for Bear Stearns??
[13:18] {Threei} we watched in awe
[13:18] {Threei} lol
[13:18] {_hunterlayne} loll
[13:18] {_hunterlayne} me too
[13:18] {_hunterlayne} I wish I would have bought when it bottomed out.. I was so close
[13:19] {Threei} wait... what was it that we shorted
[13:19] {Threei} and rode down like 15 points
[13:19] {Threei} Geo, you played it
[13:19] {Threei} was it BSC or something elsea?
[13:19] {GeoArb} yeah
[13:19] {Threei} ahha
[13:19] {GeoArb} only 6 points though
[13:19] {GeoArb} that has been paying for all my misakes this week
[13:19] {Threei} well... can't really blame you for covering that monster too soon, lol
[13:20] {GeoArb} yeah i was scared
[13:20] {Threei} who would have thought thing could tank like that
[13:20] {_hunterlayne} lol yea, wayy too risky. I just left it as personal entertainment
[13:21] {Threei} that was the day before its infampus gapo to 2, right?
[13:21] {GeoArb} glad i closed
[13:22] {Threei} why... if you held, you would have made a history
[13:22] {Threei} probably got invetsigated by SEC too
[13:22] {GeoArb} could have gone either way :)
[13:22] {GeoArb} not for 200 shares
[13:22] {_hunterlayne} Vad, citibank?
[13:22] {Threei} wrong... they won't touch one who did million... but small time trader, let's get him
[13:23] {_hunterlayne} tell me whats wrong/right with it right now
[13:23] {Threei} I've no idea
[13:23] {Threei} you know... steal a million, you are an enterpreneur... steal 100 bucks, you are criminal
[13:24] {GeoArb} yeah kill one guy youre a murderer
[13:24] {GeoArb} kill milions
[13:24] {GeoArb} Alexander the great
[13:24] {Threei} right
[13:24] {Threei} hunter... all banks/financials are pretty much gamble right now
[13:25] {Threei} financial situation, credit problems, liquidity problems are very serious
[13:25] {_hunterlayne} I meant Citigroup
[13:25] {_hunterlayne} sorry
[13:25] {Threei} what general public sees in a form of subprime crisis is just a tip of iceberg
[13:26] {Threei} will Fed/goverment be able to prevent the total colapse or not, is open question
[13:26] {GeoArb} you guys heard about the LIBOR and how all banks might be lieing?
[13:26] {Threei} and if they will, it still doesn't mean there won't be a failed bank here and there
[13:26] {GeoArb} WSJ article yesterday
[13:26] {Threei} yes Geo
[13:27] {Threei} LIBOR is not confirming what they say
[13:27] {Threei} it's being said by different analysts over last month or so
[13:27] {GeoArb} also peole not trusting LIBOR
[13:27] {GeoArb} as banks not reporting the correct borrowing rate
[13:27] {GeoArb} as it tells everyone they were desparate
[13:28] {Threei} on the other side of equation,
[13:28] {Threei} intervention in BSC fiasco shows to what depth powers that be are willing to go in order to prevent systemic failure
[13:28] {GeoArb} as a freind of mine said..... forget gold and silver.....
[13:29] {GeoArb} the only metal that matters is lead lol
[13:29] {Threei} lol
[13:29] {Threei} reminds me old Soviet joke
[13:30] {Threei} optimists study English... pessimists study Chinese... realists study Kalashnikoff
[13:32] {fernp} LOL
[13:32] {Threei} thank you fernp
[13:33] {Threei} I thought soviet style of humor was too out there... your mercy laugh saved me
[13:33] {fernp} european style
[13:34] {Threei} yeah... let's trout these north americans
[13:34] * Threei slaps Laserdave1 around a bit with a large trout
[13:34] {Threei} wait... I am one of them
[13:34] {Threei} cancel that
[13:34] {fernp} ok. lol
[13:35] {_hunterlayne} lets make some money
[13:35] {_hunterlayne} I need cash to sustain my college boozing lifestyle!!
[13:35] {Threei} could be a good idea
[13:35] {Threei} novel one too
[13:36] {fernp} doing it in HBAN
[13:36] {GeoArb} ya know i left college 10 years ago..
[13:36] {GeoArb} booze never stopped
[13:36] {Threei} bathtub vodka is cheap
[13:37] {_hunterlayne} haha
[13:37] {Threei} what price are you in at HBAN?
[13:39] {_hunterlayne} im up 27 bucks
[13:39] {_hunterlayne} lol
[13:40] {Threei} big bottle of vodka
[13:40] {fernp} 9.91
[13:40] {fernp} bottom of range
[13:41] {_hunterlayne} haha, what broker do you guys use?
[13:41] {fernp} out 10.12
[13:41] {Threei} wtg
[13:41] {Threei} icon on our website hunter
[13:41] {_hunterlayne} ohh yea, that's right
[13:46] {Threei} FED'S FISHER: 'STRONG RELUCTANCE' TO MORE MONETARY EASING, 'INFLATING OUR WAY OUT' OF THE MESS NOT THE ANSWER- Notes using discount window tools is an answer, and Fed aims to 'prudently restore efficacy'
[13:47] {Threei} do I hear some actual comkon sense from feds?
[13:49] {Threei} market really stuck
[13:49] {_hunterlayne} for real
[13:49] {_hunterlayne} boring
[13:49] {Threei} NFLX continues making new highs
[13:49] {Threei} a bit too thin for a safe trade
[13:50] {GeoArb} nice BK
[13:50] {GeoArb} in since 42.74
[13:50] {GeoArb} only 200 though
[13:50] {GeoArb} trying to erase AMZN blooper
[13:50] {Threei} so you guys are taking trades and holding out on us?
[13:51] * Threei slowly unholsters the trout
[13:51] {GeoArb} if i had conviction.....
[13:51] {GeoArb} i would tell em al
[13:51] {_hunterlayne} lol
[13:51] {GeoArb} pls pls
[13:51] {GeoArb} its still at a good point vad :)
[13:53] {Threei} US HOUSE BACKS BILL GEARED TOWARDS STABILIZING STUDENT LOAN INDUSTRY
[13:53] {Threei} you are safe hunter
[13:54] {_hunterlayne} lol
[13:54] {Threei} RIMM small long closer to .50
[13:54] {Threei} seems to be locked for a while between .50 and 119
[13:58] {_hunterlayne} are you going to get in?
[13:59] {_hunterlayne} if so, where at exactly
[13:59] {Threei} too far from support
[13:59] {Threei} not chasing it
[14:00] {Threei} it moves between 118.5 and 119 for a while, what's the point in buying that closer to upper l,imit
[14:01] {_hunterlayne} true
[14:03] {_hunterlayne} I might short NFLX
[14:04] {Threei} why?
[14:04] {fernp} the market is too quiet
[14:05] {Threei} could be quiet before the storm
[14:05] {Threei} or could be taking a breather after yesterday's stunning rally
[14:06] {_hunterlayne} breather
[14:06] {_hunterlayne} what's the most anyone here has made in 1 day
[14:06] {patience} scalping or swing trade
[14:07] {_hunterlayne} scalping
[14:08] {Threei} magoo fell asleep.. or he would have told you some impressive numbers
[14:08] {Threei} he is risk taker though
[14:08] {GeoArb} i would be interested to see the answers :)
[14:08] {patience} i was going to say, used to love watching magoo trade on momo fridays we used to have
[14:08] {magoo} market has long changed
[14:09] {GeoArb} i only saw curtis
[14:09] {GeoArb} you banned him vad?
[14:09] {magoo} we don't get the momo anymore
[14:09] {patience} i agree magoo
[14:09] {Threei} we will
[14:09] {Threei} things go in cycles
[14:09] {magoo} but, since u asked...on BIDU ipo...i scalped 12k in 1 day
[14:09] {_hunterlayne} wow
[14:09] {_hunterlayne} you guys do alot of IPOs?
[14:10] {magoo} no
[14:10] {GeoArb} i am just awed
[14:10] {GeoArb} you touched BIDU IPO
[14:10] {magoo} just happened to be THE ONE
[14:11] {_hunterlayne} what range of prices do your scalps usually consist of?? do you have a set number, or do you take green as much as possible
[14:12] {Threei} huinter... too invloved
[14:12] {Threei} this is not something answered in a framework of room discussion
[14:12] {magoo} laser dcc
[14:12] {_hunterlayne} k, sorry. won't happen again
[14:13] {Threei} nothing to be sorry about :)
[14:13] {Threei} it's just that we have structured system of educational materials
[14:13] {Threei} books, videos, courses
[14:14] {Threei} kind of hard to squeeze their content in QA format here as you sure understand :)
[14:14] {_hunterlayne} I completely understand
[14:17] {markweb} RIMM in.55 out .85 Thanks Vad
[14:18] {Threei} perfect
[14:18] {Threei} I was waiting to see who heeded and utilized
[14:18] {markweb} ty
[14:19] {Threei} good job mark
[14:19] {markweb} stop was @.38
[14:20] {magoo} LASERDAVE DCC
[14:21] * Chaeron slaps Laserdave1 around a bit with a large trout
[14:22] {magoo} everyone, i haveafternoon apptmts..got to go soon
[14:22] {Chaeron} c ya bro
[14:22] {GeoArb} bye magoo
[14:22] {_hunterlayne} Bye bye now
[14:30] {Threei} hopefully action picks up last hour
[14:31] {Threei} for now it's a one=legged snail trying to navigate molasses
[14:31] {Threei} are there two-legged snails?
[14:32] {markweb} WM Vad?
[14:33] {Threei} I'd try it long if it touches .40, retreats, holdsa .30 or so and breaks
[14:33] {markweb} ty
[14:33] {Threei} alternatively, conolidates a bit betwen .30 and day high
[14:33] {Threei} then breaks
[14:35] {Threei} RIMM starts consolidating closer to 119
[14:35] {Threei} if continues doing this not trying to retreat all the way to 118.5 anymore, break will become a play
[14:35] {Threei} with market help of course
[14:38] {_hunterlayne} .43 ahhh
[14:41] {Threei} RIMM repeated range move
[14:42] {_hunterlayne} WM moving baack down
[14:44] {markweb} WM in @.35 out @39 +0.04 HA,HA
[14:45] {Threei} 5K?
[14:45] {markweb} 300
[14:45] {Threei} OK... fingers exercise :)
[14:46] {GeoArb} thats lunch
[14:46] {markweb} my lunch is $1.99
[14:47] {GeoArb} where do you live?
[14:47] {GeoArb} i wanna move
[14:47] {markweb} Toronto
[14:47] {GeoArb} ahh
[14:47] {GeoArb} was there for christmas a few yrs ago
[14:47] {GeoArb} my face froze off and fell to the ground
[14:48] {markweb} Trade like me, and you will have lunch fo r$ .99
[14:48] {GeoArb} and then there were locals with open hair
[14:48] {GeoArb} :)
[14:49] {GeoArb} vad comeon comeon i need luch money
[14:50] {GeoArb} or chinese buffet it is
[14:53] {Threei} missed RIMM short... wanted .95
[14:56] {Threei} any NQ strength, grab RIMM
[14:56] {Threei} for long
[14:57] {_hunterlayne} WM back down to .30.. vad
[14:57] {Threei} looks OK for scalp
[14:58] {Threei} oops... no chhasing
[14:58] {Threei} jumped 5 cents in a blink of eye
[14:58] {markweb} in RIMM@55
[14:59] {markweb} stpop45, target 85
[14:59] {Chaeron} with you at .57
[14:59] {Chaeron} what the...
[14:59] {Threei} sharp downtick NQ
[15:00] {markweb} HA}HA
[15:00] {markweb} no lunch for 1.99:)
[15:00] {_hunterlayne} in at .33 RIMM
[15:00] {Threei} FED'S LACKER: INFLATION IS A PROBLEM, IT IS A TOO HIGH
[15:00] {_hunterlayne} too soon fellas! =)
[15:00] {Threei} you don't say
[15:01] {Threei} fed mastered the obvious really well I see
[15:01] {Threei} don't oversit RIMM
[15:02] {Threei} too many shakeouts
[15:02] {markweb} &*^%&*^% FED
[15:02] {Chaeron} *sigh*
[15:03] {markweb} nice set up:):):)
[15:03] {Threei} market takes this kind of speeches as a hint that rates may be hiked
[15:03] {Chaeron} I don't know how or what but hit wrong button or something and got out at breakeven... still trying to figure out
[15:04] {Chaeron} maybe I can blame it on the cat.....
[15:04] {_hunterlayne} in at .33 out at .80
[15:04] {_hunterlayne} my first with you guys
[15:04] {Chaeron} nice hunter
[15:04] {_hunterlayne} I could only afford 120 shares though
[15:04] {_hunterlayne} my margin is all locked up lol
[15:04] {Threei} fine for RIMM
[15:04] {Threei} no need to trade it with big size
[15:04] {markweb} i play RIMM 75-100shares
[15:05] {Threei} even magoo not playing more than 3K on RIMM
[15:05] {magoo} anyone think goog will surprise and RISE?
[15:05] {_hunterlayne} lol
[15:06] {Threei} see mags... it's very flattering that you think we think
[15:06] {Threei} but truth be told... we don't
[15:06] {magoo} vad really..dcc me
[15:18] {Threei} for this I need translation:
[15:18] {Threei} FED'S FISHER: MUST TRUST AND VERIFY ON INFLATION TREND
[15:21] {markweb} Vad, u in RIMM?
[15:23] {Threei} not right now
[15:23] {markweb} thx
[15:30] {Threei} Fisher:
[15:30] {Threei} - Inflation pressure is in euro terms, not just dollars.Global demand is driving up price pressures for energy and food.
[15:30] {Threei} - Libor turmoil won't impact liquidity measures. Can't comment on investigation into Libor rates. Needs to learn more on Libor issue.
[15:30] {Threei} - The latest CPI data is encouraging. Doesn't know how long the economic turmoil will last.
[15:30] {Threei} - says he sees some encouraging data on inflation.
[15:32] {Threei} RIMM should be a bounce here
[15:32] {Threei} waiting to see NQ greening
[15:33] {Threei} in
[15:33] {Threei} .02
[15:33] {Threei} stop under .90
[15:36] {Threei} half out
[15:36] {Threei} +.20
[15:36] {Threei} stop .99
[15:37] {Threei} geo... you asked for lunch money??
[15:37] {_hunterlayne} here it comes
[15:37] {_hunterlayne} Filet Mignon
[15:38] {Threei} rare
[15:38] {markweb} for 99c?
[15:39] {Threei} for 99 cents it better be well done
[15:39] {Threei} such price make me suspect it needs some serious termal works :)
[15:39] {markweb} k
[15:40] {Threei} hard to tell if it's just a shakeout for second half or it's done
[15:40] {Threei} as close to end of day I am not takming chances
[15:42] {Threei} did you all fall aslpee again?
[15:43] {Threei} got mesmerized by RIMM blinking?
[15:43] {_hunterlayne} son of a
[15:43] {Chaeron} gun
[15:43] {_hunterlayne} looks like ramen noodles tonight
[15:43] {patience} yesterday was a terrific day....today nada.
[15:45] {_hunterlayne} Today was extremely boring
[15:45] {fernp} Enough for today. I am tired
[15:45] {_hunterlayne} I wasted my day procrastinating from reading a 600 page book on Reagan for nothing
[15:45] {Threei} lol
[15:46] {Threei} I'll stay with Stephen King, thank you
[15:53] {Threei} Ok guys, thank you all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {markweb} WM nice
[15:53] {_hunterlayne} bye Vad
[15:53] {hawkfan4} thanks Vad
[15:54] {Threei} you traded it mark?
[15:54] {markweb} +0.4C
[15:54] {Threei} :)
[15:55] {magoo} vad..stay and put up GOOG numbers
[15:55] {Threei} I'll be on and off next 30 min mags
[15:55] {Threei} if I am lucky to be here when GOOG reports I will
[15:55] {magoo} ok
[15:56] {hawkfan4} i'll put them up when i get them mags
[16:00] {magoo} ty hawk
[16:01] {Threei} REPORTS Q1 $4.84 V $4.52E, R$ (EX-TAC) V $3.61BE
[16:02] {Threei} R $3.70 (EX-TAC) V $3.61BE
[08:05] {Threei} SPWR
[08:05] {Threei} REPORTS Q1 $0.39 V $0.35E; R $273.7M V $245.2ME
- Gross margins 24%
[08:05] {Threei} - Guides FY EPS $2.10- 2.20 v 2.07e
[08:22] {fernp} gm
[08:25] {Threei} fernp :)
[08:30] {Threei} INITIAL JOBLESS CLAIMS: 372K V 375KE;
[08:30] {Threei} CONTINUING CLAIMS: 2.984MM V 2.950ME
- Prior Initial Jobless Claims revised from 357K to 355K
[08:30] {Threei} - Prior Continuing Claims revised from 2.940M to 2.958M
[09:00] {Onix} Good morning pilgrims
[09:00] {Threei} onix :)
[09:07] {magoo} morning
[09:07] {GeoArb} gm
[09:07] {Threei} magoo, geo :)
[09:08] {magoo} ]what a start this morn
[09:08] {magoo} i forgot to put coffee pot under drip in machine
[09:08] {magoo} all 12 cups of coffee direct on carpet
[09:08] {magoo} then computer issues..needed tp reboot our dsl box
[09:09] {magoo} sigh
[09:09] {Threei} wow
[09:09] {magoo} i been here since 8:20 am
[09:09] {Threei} {--- waiting for the part explaining how all that is my fault
[09:09] {magoo} then i overflowed clogged sink in bathroom..had to mop thhat floor
[09:11] {Onix} Morning magoo ... at least now you are wide awake hey?
[09:12] {magoo} yeah..no kidding..what a start
[09:12] {magoo} hope it not a sign of day to come
[09:12] {dptl} good morning all
[09:13] {Threei} dp :)
[09:13] {Onix} its seems as if there is quite a bit of selling going on pre-market in the nd-100?
[09:15] {Threei} yup
[09:15] {markweb} good morning all
[09:15] {Threei} even with IBM good numbers
[09:15] {Threei} mark :)
[09:15] {markweb} :)
[09:16] {Onix} profit-taking after yesterday's up or stall of up move?
[09:17] {magoo} IBM hit over 125 afterhrs last night
[09:17] {magoo} RIMM powered 122 area and AAPL 155 with it
[09:18] {Threei} anyone's guess Onix
[09:18] {Threei} this is not a market obeying normal technical patterns in any timeframe beyond minutes
[09:20] {GeoArb} i got kicked out
[09:20] {GeoArb} and it said error no more connections
[09:22] {Onix} I am starting to prefer scalping to swing/momentum trading
[09:24] {esemde} Good morning
[09:24] {markweb} ese)
[09:24] {esemde} mark
[09:24] {Threei} ese :)
[09:24] {esemde} vad
[09:29] {Threei} IBM
[09:29] {Threei} PRICE TARGET RAISED TO $155 FROM $140 AT S&P EQUITY RESEARCH; MAINTAINS STRONG BUY RATING
[09:30] {Threei} serious dump IBM
[09:30] {magoo} if IF mkt bounces IBM should
[09:30] {Threei} bounce candidate for sure, just too fast to call in time
[09:31] {Threei} see?
[09:31] {Threei} 60 cents while I typed
[09:31] {magoo} yep
[09:32] {ThurstonHowellTheThird} gm all
[09:32] {Threei} EPIC half lot short on 8 breakdown
[09:32] {Threei} thtt :)
[09:33] {Threei} stop 8.25
[09:35] {Threei} too volatile... let's tighten it to abive 8.10
[09:35] {Threei} if shakes out so be it
[09:36] {Threei} feel free to dump it, jumps too much
[09:39] {Threei} PTEN
[09:39] {Threei} .50 long
[09:39] {Threei} stop under .35
[09:39] {magoo} AAPL held that naz dump well
[09:40] {GeoArb} wo that was fast
[09:40] {Threei} PTEN 1:1, 1/3 out for me
[09:40] {Threei} 1/2 sorry
[09:41] {Threei} looks capable of more
[09:41] {Roman}
21 JASO high
[09:41] {Threei} CSIQ and CSUN strength too
[09:43] {Threei} .44 stop for the balance PTEN
[09:43] {Threei} feels a bit too tight for this stock but I really don't want to give much back
[09:44] {Threei} EBAY
[09:44] {Threei} short candidate on bounce
[09:45] {Threei} as close to 31 as possible
[09:45] {magoo} EBAY report bad?
[09:46] {Threei} not really
[09:46] {Threei} concerns about future
[09:48] {Threei} 31.20 next resistance
[09:48] {Threei} if got it here, keep stop above that level
[09:49] {magoo} waiting .74 PTEN
[09:49] {magoo} here we go
[09:49] {Roman}
21 long ESLR
[09:49] {Roman}
21 10.95 1/2 size
[09:49] {Threei} ESLR earnings today, don't forget
[09:50] {magoo} after bell Right?
[09:50] {Threei} yes
[09:50] {magoo} may hold it back
[09:50] {Threei} or propel it
[09:50] {magoo} although ..who knows
[09:50] {Threei} just adds uncertainty
[09:50] {magoo} rimm long here
[09:51] {magoo} RISKY
[09:51] {Threei} as traders reposition themselves according to how they see earnings
[09:51] {magoo} wait for naz bounce firsyyt
[09:52] {Threei} let's tighten EBAY to .15
[09:52] {Threei} don't want to run into higherlow/highs scenario
[09:52] {magoo} vad..read on RIMM..not in
[09:52] {Threei} if it takes .15, it's unlikely that .20 is going to hold
[09:53] {Threei} RIMM, I'd look for entry closer to .20
[09:53] {magoo} damm..now my office bulbs are dying...flourecent
[09:54] {esemde} SOLF
[09:54] {magoo} vad..look aapl..no connection to naz
[09:54] {Threei} move your lazy butt already PTEN
[09:54] {magoo} where u waiting?
[09:54] {Threei} stop to .49 btw
[09:55] {Threei} no price target, will feed patrials into sharp spikes if they come
[09:56] {Threei} EBAY, just what I thought
[09:56] {esemde} SOLF didn't get the order in fast enough
[09:56] {magoo} i was gonna use your call in reverse
[09:56] {Threei} buy .15?
[09:56] {magoo} as in ebay break of .15 long lol
[09:56] {Threei} why not
[09:56] {magoo} cause i have all attention on rimm
[09:57] {Threei} a lotr of setups are two-sided
[09:57] {magoo} i don't have 3 eyes
[09:57] {Threei} ask STEM for help in growing it
[09:58] {magoo} u know how i feel about that one...its been banned from spoken words in this kingdom
[09:59] {ThurstonHowellTheThird} NFLX?
[09:59] {Threei} TMA
[09:59] {Threei} TICKING HIGHER, HEARING MERGERMARKETS REPORTS THAT DB IS PLANNING ROLE IN ATTEMPTED SAVE OF CO.
[10:00] {Threei} MAR LEADING INDICATORS: 0.1% V 0.1%E
[10:00] {esemde} Theres NUAN again
[10:00] {Threei} APRIL PHILADELPHIA FED INDEX: -24.9 V -15.0E
[10:00] {Threei} yikes
[10:01] {Threei} - New Orders: -18.8 v -9.3 prior
[10:01] {Threei} - Employment: -4.7 v -4.7 prior
[10:01] {Threei} - Prices Paid: 51.6 v 54.4 prior
[10:01] {Threei} - Inventories: -26.2 v -13 prior
[10:01] {esemde} NUAN 3 month high
[10:02] {Threei} Six-month business conditions outlook: 13.7 v -10.5 prior
[10:04] {Threei} well, the numbers are so bad, market just has to go up
[10:04] {esemde} any news on NUAN VAD
[10:04] {Threei} RIMM .51 long if holding above .30
[10:05] {Threei} not ffresh
[10:05] {Threei} 04/16/08 09:38am [NUAN] Strength being attributed to takeover chatter
[10:05] {esemde} hmmmmmm
[10:06] {Threei} RIMM invalidated
[10:06] {Threei} bounce candidate but not a break anymore
[10:06] {Threei} PTEN balance stop to .54
[10:07] {esemde} long ASML 27.15 1/2 lot
[10:10] {dptl} out ebay +.20 ty
[10:10] {Threei} good boy PTEN
[10:11] {Threei} out 1/4 more
[10:11] {esemde} good looking tade PTEN vad
[10:11] {Threei} .54 stop for remaining portion, letting it trade
[10:11] {esemde} thats "trade"
[10:12] {Threei} our dubious typing skills tend to rub off ese :)
[10:13] {Threei} lol... look at the chart since comment
[10:13] {Threei} [10:04] {Threei} well, the numbers are so bad, market just has to go up
[10:14] {esemde} it's gonna hit 29.00 though
[10:15] {Threei} PTEN is in uncharted territory... 52 week highs
[10:16] {esemde} could go farther then.......nobody selling up there
[10:17] {dptl} asml +.11 ty Ese
[10:17] {Threei} NSANY strength is attributed to rumors that Threei is going to update his Murano to 2009 model
[10:18] {markweb} out ASML +.16 ThanksESE:)
[10:18] {Threei} good job guys
[10:19] {esemde} welcome.....just going to hang for another little push
[10:19] {Threei} when CTDC starts p;opping on scanner amidst solars strength, you know HOKU is next, lol
[10:20] {esemde} OUT ASML
[10:20] {markweb} gj ese
[10:21] {esemde} that slipped out......
[10:21] {esemde} Am out now .47 was just gettingg ready
[10:22] {markweb} ASML "little push":)
[10:22] {esemde} +.32
[10:22] {Threei} PTEN stop to .59
[10:23] {esemde} was looking for that litle blow off top
[10:26] {esemde} NUAN baby!!!
[10:27] {markweb} u in nuan?
[10:27] {esemde} no.....
[10:27] {markweb} me2:)
[10:28] {esemde} Vad was there a price target mentioned on those take over rumnors
[10:28] {esemde} for nuan that is
[10:28] {Threei} no
[10:30] {bruce} l sds 59.85 stop .68
[10:30] {esemde} lotws ofselling at .95 to 20.00 level
[10:30] {esemde} could really go if it gets through that
[10:30] {Threei} ENER looks tempting on pullback
[10:30] {Threei} .60 closest support
[10:32] {esemde} I get this "somebody knows something " feeling about nuan
[10:33] {Threei} scary trade, for adrenalin deprived: POT
[10:33] {Threei} likely to go to 200 and break it
[10:33] {Threei} volatility is enormous
[10:34] {esemde} indeed
[10:34] {Threei} no exact call, see if you can get a read on it, stay away if not
[10:34] {Roman}
21 ANKS & JASO near highs
[10:35] {Threei} SOLF too
[10:35] {Threei} ENER near support
[10:35] {esemde} POT from my home province Saskatchewan
[10:36] {magoo} in .44
[10:36] {magoo} wait 200.44
[10:36] {Threei} FSLR, CSIQ... solars are on a roll
[10:37] {esemde} when i was a brakeman on the railroad puting myself through college....used that take potash cars out there daily
[10:39] {bruce} stopped sds
[10:39] {Roman}
21 STP
[10:40] {Roman}
21 out 1/2 ESLR +.20
[10:40] {esemde} is 200 a 5 year or 10 year high or something for POT
[10:41] {Roman}
21 COIN picking up steam
[10:42] {magoo} stopped POT
[10:43] {Roman}
21 DSTI another solar on radar
[10:46] {Threei} PNC CFO: - "We are in the worst housing market in the recorded history of the United States"
[10:50] {esemde} is that what they are saying vad
[10:50] {esemde} seems a litle hard to conceive after the 30's
[10:52] {bruce} l avt 27.80 stop 10 c
[10:54] {bruce} stopped avt
[10:54] {Threei} done with PTEN
[10:56] {Roman}
21 long JASO small
[10:56] {Roman}
21 24.68
[10:57] {magoo} why was POT up?news? could be a bouncer
[10:57] {Threei} 06:12am [POT] Price target raised to $300 from $250 at RBC
[10:57] {Roman}
21 for a bounce with a stop 24.50
[10:57] {Threei} plus general climate in food/fertilizers
[11:02] {Roman}
21 out JASO
[11:04] {Threei} I guess NFLX meteoric rise can be attributed to people being so disgusted with reality, they just want to get as many videos as they can and sit and watch them
[11:05] {GeoArb} lol
[11:05] {esemde} I would go along with that Vad
[11:05] {esemde} At least thats what the New Robert Redford film "Lions For Lambs" is all about...
[11:10] {Roman}
21 long CSIQ
[11:10] {Roman}
21 26.88 small
[11:11] {Roman}
21 looking for a bounce
[11:15] {Roman}
21 out CSIQ +.35
[11:15] {Roman}
21 very thin
[11:16] {Chaeron} GM all. Sorry I'm late
[11:16] {Threei} chaeron :)
[11:23] {Threei} ALTR 21.19 short if stays below .30
[11:27] {GeoArb} so.....
[11:27] {GeoArb} invalid?
[11:27] {GeoArb} or people ion?
[11:27] {GeoArb} in
[11:27] {Threei} it did go over .30, no?
[11:28] {GeoArb} well i am sure some people might not have taken the sugesstion :)
[11:28] {Threei} that's discretionary
[11:28] {GeoArb} i am flat... had left the screen so asking
[11:28] {Threei} risk is increased
[11:28] {esemde} outta here for the day all....
[11:28] {Threei} as resistance now is farther from trigger
[11:28] {GeoArb} also wasnt a decisive break
[11:28] {Threei} take care ese
[11:29] {esemde} see ya vad
[11:31] {magoo} altr vad..aren't u thinking it hols too well here?
[11:31] {magoo} hold=holds
[11:31] {Threei} so far, yes
[11:31] {Threei} double top scenario didn't materialize
[11:36] {Threei} watch RIMM for bounce
[11:44] {GeoArb} tom april option exp?
[11:47] {Threei} .50 break long RIMM if stays above .35
[11:48] {Threei} not holding support
[11:49] {Threei} ALTR trying to break high... believe it or not
[11:55] {dptl} ah....got to leave ...have a good rest of the day all,seeya tomorrow :)
[11:55] {Threei} take care dp
[11:56] {dptl} 8 out of 10 today not bad
[11:56] {Threei} I'll say
[11:56] {Threei} that bad day at the start of the week helped you renew
[11:56] {Threei} sometimes need that :)
[11:57] {dptl} yeah ..like reality check
[12:09] {Threei} ASTM
[12:09] {Threei} REPORTS ENCOURAGING CLINICAL DATA FROM FIRST EU COMPASSIONATE USE CARDIAC PATIENTS
- Announced encouraging data from the first two compassionate use patients treated with the Company's autologous stem cell therapy for dilated cardiomyopathy (DCM), a type of severe chronic heart failure.
[12:09] {Threei} - Aastrom is on track for submission of a U.S. Investigational New Drug (IND) application for a cardiac regeneration clinical trial using CRCs during 2008. The Company's ultimate target market for CRCs in the U.S. is 1.8 mi
[12:15] {Threei} ALTR, agggressive long .41
[12:16] {Threei} .35 support
[12:21] {Threei} CPST is highly irritating...
[12:23] {Threei} sometimes risk adversity keeps one from nice trades... couple dasys ago I was on a brink of calling DYII swing trade at 5.10
[12:24] {Threei} then decided it was crazy to go into swings in this masrket
[12:24] {Threei} crying now
[12:40] {Threei} everyone's asleep?
[12:41] {GeoArb} oh just waiting for you to finish crying
[12:41] {GeoArb} didt want to be rude
[12:41] {magoo} here
[12:41] {hawkfan4} half sleeping
[12:45] {Threei} i appreciate the sensitivity geo
[12:45] {Threei} ALTR invalidated
[12:51] {Threei} aimless wandering in the market'
[12:55] {Threei} AMZN
[12:55] {Threei} 74 break long
[12:55] {Threei} if stays above .90
[12:56] {Threei} 73.80 is a short trigger if it can't break olut
[12:57] {Threei} a bit too far from resistance, so be careful not to short into fast drop
[12:58] {Threei} take a look at 11:40 - 11:57 period to see what mean,
[12:58] {Threei} sharp drops into support followed by bounces
[12:59] {Threei} hunterlayne, you here?
[13:00] {Threei} FRE
[13:00] {Threei} SAYS TO BUY MORTGAGES FROM WELLS FARGO, JPM AND CTITGROUP
[13:01] {Threei} hmmm... mortgages become attractive buy?
[13:03] {Threei} I can sell mine to FRE... or whoever
[13:04] {GeoArb} stopped AMZN
[13:06] {_hunterlayne} Here
[13:06] {_hunterlayne} what ticker are you suggesting at 73.80
[13:06] {Threei} you wanted to ask something about RT yesterday?
[13:06] {_hunterlayne} not really, I just wanted to socialize and get to know the few people that were in the chat room
[13:06] {_hunterlayne} I'm seeing if I'm interested in this
[13:06] {Threei} OK... they are not usually here that late :)
[13:07] {Threei} that was about AMZN... didn't really show any setup either way
[13:07] {_hunterlayne} haha, yea I figured
[13:07] {Threei} invalidated long by losing support, then did the same to short
[13:07] {GeoArb} hmmm i missed that
[13:07] {GeoArb} paid for it
[13:08] {Threei} it lost .90 twice before breaking 74 geo
[13:08] {Threei} on volatile stock, sometimes little loss of support is OK,
[13:08] {GeoArb} what can i say.........
[13:08] {Threei} but twice - nah
[13:08] {GeoArb} :)
[13:08] {Threei} I don't know... if you are watching a stock for setup, are you really watching it? :)
[13:09] {GeoArb} yup .88 .89
[13:09] {_hunterlayne} The only problem I have is that I'm in college and I have lots of school work
[13:09] {Threei} hmmm
[13:09] {_hunterlayne} and day trading (since I gained access to my account) has been fairly distracting lol
[13:09] {Threei} maybe it's a good idea to finish a college first? :)
[13:10] {Threei} I don't want to present an obstacle on your way to education
[13:10] {_hunterlayne} haha, you aren't I promise
[13:10] {Threei} not telling you what to do of course
[13:10] {_hunterlayne} I already have my acceptance into dental school in the bag.. so don't worry
[13:10] {Threei} just offering options :)
[13:11] {Threei} OK, you know your situation better than anyone else
[13:11] {Threei} so... Seifield was right, and dentists do have their own schools?
[13:12] {_hunterlayne} Yup
[13:12] {_hunterlayne} I haven't seen that episode, but yes we do have 'Dental Schools'
[13:12] * Threei slaps magoo around a bit with a large trout
[13:13] {Threei} find it... funny one
[13:13] {ThurstonHowellTheThird} I think magoo is an anti-dentite
[13:13] {Threei} he certainly is
[13:13] {_hunterlayne} lol
[13:14] {_hunterlayne} What are your thoughts on RBCN, Vad?
[13:15] {Threei} volume is way too low to structure any play intraday
[13:15] {Threei} kind of "trades by appointment"
[13:16] {Threei} by daily chart, 25 is critical junction for it
[13:17] {Threei} if it comes to 25 slowly, consolidates a little and breaks, has a good chance for recovery
[13:17] {_hunterlayne} I'll keep that in mind
[13:18] {Threei} and for any pattern to become more reliable on it, it needs real volume
[13:18] {_hunterlayne} Were you guys around for Bear Stearns??
[13:18] {Threei} we watched in awe
[13:18] {Threei} lol
[13:18] {_hunterlayne} loll
[13:18] {_hunterlayne} me too
[13:18] {_hunterlayne} I wish I would have bought when it bottomed out.. I was so close
[13:19] {Threei} wait... what was it that we shorted
[13:19] {Threei} and rode down like 15 points
[13:19] {Threei} Geo, you played it
[13:19] {Threei} was it BSC or something elsea?
[13:19] {GeoArb} yeah
[13:19] {Threei} ahha
[13:19] {GeoArb} only 6 points though
[13:19] {GeoArb} that has been paying for all my misakes this week
[13:19] {Threei} well... can't really blame you for covering that monster too soon, lol
[13:20] {GeoArb} yeah i was scared
[13:20] {Threei} who would have thought thing could tank like that
[13:20] {_hunterlayne} lol yea, wayy too risky. I just left it as personal entertainment
[13:21] {Threei} that was the day before its infampus gapo to 2, right?
[13:21] {GeoArb} glad i closed
[13:22] {Threei} why... if you held, you would have made a history
[13:22] {Threei} probably got invetsigated by SEC too
[13:22] {GeoArb} could have gone either way :)
[13:22] {GeoArb} not for 200 shares
[13:22] {_hunterlayne} Vad, citibank?
[13:22] {Threei} wrong... they won't touch one who did million... but small time trader, let's get him
[13:23] {_hunterlayne} tell me whats wrong/right with it right now
[13:23] {Threei} I've no idea
[13:23] {Threei} you know... steal a million, you are an enterpreneur... steal 100 bucks, you are criminal
[13:24] {GeoArb} yeah kill one guy youre a murderer
[13:24] {GeoArb} kill milions
[13:24] {GeoArb} Alexander the great
[13:24] {Threei} right
[13:24] {Threei} hunter... all banks/financials are pretty much gamble right now
[13:25] {Threei} financial situation, credit problems, liquidity problems are very serious
[13:25] {_hunterlayne} I meant Citigroup
[13:25] {_hunterlayne} sorry
[13:25] {Threei} what general public sees in a form of subprime crisis is just a tip of iceberg
[13:26] {Threei} will Fed/goverment be able to prevent the total colapse or not, is open question
[13:26] {GeoArb} you guys heard about the LIBOR and how all banks might be lieing?
[13:26] {Threei} and if they will, it still doesn't mean there won't be a failed bank here and there
[13:26] {GeoArb} WSJ article yesterday
[13:26] {Threei} yes Geo
[13:27] {Threei} LIBOR is not confirming what they say
[13:27] {Threei} it's being said by different analysts over last month or so
[13:27] {GeoArb} also peole not trusting LIBOR
[13:27] {GeoArb} as banks not reporting the correct borrowing rate
[13:27] {GeoArb} as it tells everyone they were desparate
[13:28] {Threei} on the other side of equation,
[13:28] {Threei} intervention in BSC fiasco shows to what depth powers that be are willing to go in order to prevent systemic failure
[13:28] {GeoArb} as a freind of mine said..... forget gold and silver.....
[13:29] {GeoArb} the only metal that matters is lead lol
[13:29] {Threei} lol
[13:29] {Threei} reminds me old Soviet joke
[13:30] {Threei} optimists study English... pessimists study Chinese... realists study Kalashnikoff
[13:32] {fernp} LOL
[13:32] {Threei} thank you fernp
[13:33] {Threei} I thought soviet style of humor was too out there... your mercy laugh saved me
[13:33] {fernp} european style
[13:34] {Threei} yeah... let's trout these north americans
[13:34] * Threei slaps Laserdave1 around a bit with a large trout
[13:34] {Threei} wait... I am one of them
[13:34] {Threei} cancel that
[13:34] {fernp} ok. lol
[13:35] {_hunterlayne} lets make some money
[13:35] {_hunterlayne} I need cash to sustain my college boozing lifestyle!!
[13:35] {Threei} could be a good idea
[13:35] {Threei} novel one too
[13:36] {fernp} doing it in HBAN
[13:36] {GeoArb} ya know i left college 10 years ago..
[13:36] {GeoArb} booze never stopped
[13:36] {Threei} bathtub vodka is cheap
[13:37] {_hunterlayne} haha
[13:37] {Threei} what price are you in at HBAN?
[13:39] {_hunterlayne} im up 27 bucks
[13:39] {_hunterlayne} lol
[13:40] {Threei} big bottle of vodka
[13:40] {fernp} 9.91
[13:40] {fernp} bottom of range
[13:41] {_hunterlayne} haha, what broker do you guys use?
[13:41] {fernp} out 10.12
[13:41] {Threei} wtg
[13:41] {Threei} icon on our website hunter
[13:41] {_hunterlayne} ohh yea, that's right
[13:46] {Threei} FED'S FISHER: 'STRONG RELUCTANCE' TO MORE MONETARY EASING, 'INFLATING OUR WAY OUT' OF THE MESS NOT THE ANSWER- Notes using discount window tools is an answer, and Fed aims to 'prudently restore efficacy'
[13:47] {Threei} do I hear some actual comkon sense from feds?
[13:49] {Threei} market really stuck
[13:49] {_hunterlayne} for real
[13:49] {_hunterlayne} boring
[13:49] {Threei} NFLX continues making new highs
[13:49] {Threei} a bit too thin for a safe trade
[13:50] {GeoArb} nice BK
[13:50] {GeoArb} in since 42.74
[13:50] {GeoArb} only 200 though
[13:50] {GeoArb} trying to erase AMZN blooper
[13:50] {Threei} so you guys are taking trades and holding out on us?
[13:51] * Threei slowly unholsters the trout
[13:51] {GeoArb} if i had conviction.....
[13:51] {GeoArb} i would tell em al
[13:51] {_hunterlayne} lol
[13:51] {GeoArb} pls pls
[13:51] {GeoArb} its still at a good point vad :)
[13:53] {Threei} US HOUSE BACKS BILL GEARED TOWARDS STABILIZING STUDENT LOAN INDUSTRY
[13:53] {Threei} you are safe hunter
[13:54] {_hunterlayne} lol
[13:54] {Threei} RIMM small long closer to .50
[13:54] {Threei} seems to be locked for a while between .50 and 119
[13:58] {_hunterlayne} are you going to get in?
[13:59] {_hunterlayne} if so, where at exactly
[13:59] {Threei} too far from support
[13:59] {Threei} not chasing it
[14:00] {Threei} it moves between 118.5 and 119 for a while, what's the point in buying that closer to upper l,imit
[14:01] {_hunterlayne} true
[14:03] {_hunterlayne} I might short NFLX
[14:04] {Threei} why?
[14:04] {fernp} the market is too quiet
[14:05] {Threei} could be quiet before the storm
[14:05] {Threei} or could be taking a breather after yesterday's stunning rally
[14:06] {_hunterlayne} breather
[14:06] {_hunterlayne} what's the most anyone here has made in 1 day
[14:06] {patience} scalping or swing trade
[14:07] {_hunterlayne} scalping
[14:08] {Threei} magoo fell asleep.. or he would have told you some impressive numbers
[14:08] {Threei} he is risk taker though
[14:08] {GeoArb} i would be interested to see the answers :)
[14:08] {patience} i was going to say, used to love watching magoo trade on momo fridays we used to have
[14:08] {magoo} market has long changed
[14:09] {GeoArb} i only saw curtis
[14:09] {GeoArb} you banned him vad?
[14:09] {magoo} we don't get the momo anymore
[14:09] {patience} i agree magoo
[14:09] {Threei} we will
[14:09] {Threei} things go in cycles
[14:09] {magoo} but, since u asked...on BIDU ipo...i scalped 12k in 1 day
[14:09] {_hunterlayne} wow
[14:09] {_hunterlayne} you guys do alot of IPOs?
[14:10] {magoo} no
[14:10] {GeoArb} i am just awed
[14:10] {GeoArb} you touched BIDU IPO
[14:10] {magoo} just happened to be THE ONE
[14:11] {_hunterlayne} what range of prices do your scalps usually consist of?? do you have a set number, or do you take green as much as possible
[14:12] {Threei} huinter... too invloved
[14:12] {Threei} this is not something answered in a framework of room discussion
[14:12] {magoo} laser dcc
[14:12] {_hunterlayne} k, sorry. won't happen again
[14:13] {Threei} nothing to be sorry about :)
[14:13] {Threei} it's just that we have structured system of educational materials
[14:13] {Threei} books, videos, courses
[14:14] {Threei} kind of hard to squeeze their content in QA format here as you sure understand :)
[14:14] {_hunterlayne} I completely understand
[14:17] {markweb} RIMM in.55 out .85 Thanks Vad
[14:18] {Threei} perfect
[14:18] {Threei} I was waiting to see who heeded and utilized
[14:18] {markweb} ty
[14:19] {Threei} good job mark
[14:19] {markweb} stop was @.38
[14:20] {magoo} LASERDAVE DCC
[14:21] * Chaeron slaps Laserdave1 around a bit with a large trout
[14:22] {magoo} everyone, i haveafternoon apptmts..got to go soon
[14:22] {Chaeron} c ya bro
[14:22] {GeoArb} bye magoo
[14:22] {_hunterlayne} Bye bye now
[14:30] {Threei} hopefully action picks up last hour
[14:31] {Threei} for now it's a one=legged snail trying to navigate molasses
[14:31] {Threei} are there two-legged snails?
[14:32] {markweb} WM Vad?
[14:33] {Threei} I'd try it long if it touches .40, retreats, holdsa .30 or so and breaks
[14:33] {markweb} ty
[14:33] {Threei} alternatively, conolidates a bit betwen .30 and day high
[14:33] {Threei} then breaks
[14:35] {Threei} RIMM starts consolidating closer to 119
[14:35] {Threei} if continues doing this not trying to retreat all the way to 118.5 anymore, break will become a play
[14:35] {Threei} with market help of course
[14:38] {_hunterlayne} .43 ahhh
[14:41] {Threei} RIMM repeated range move
[14:42] {_hunterlayne} WM moving baack down
[14:44] {markweb} WM in @.35 out @39 +0.04 HA,HA
[14:45] {Threei} 5K?
[14:45] {markweb} 300
[14:45] {Threei} OK... fingers exercise :)
[14:46] {GeoArb} thats lunch
[14:46] {markweb} my lunch is $1.99
[14:47] {GeoArb} where do you live?
[14:47] {GeoArb} i wanna move
[14:47] {markweb} Toronto
[14:47] {GeoArb} ahh
[14:47] {GeoArb} was there for christmas a few yrs ago
[14:47] {GeoArb} my face froze off and fell to the ground
[14:48] {markweb} Trade like me, and you will have lunch fo r$ .99
[14:48] {GeoArb} and then there were locals with open hair
[14:48] {GeoArb} :)
[14:49] {GeoArb} vad comeon comeon i need luch money
[14:50] {GeoArb} or chinese buffet it is
[14:53] {Threei} missed RIMM short... wanted .95
[14:56] {Threei} any NQ strength, grab RIMM
[14:56] {Threei} for long
[14:57] {_hunterlayne} WM back down to .30.. vad
[14:57] {Threei} looks OK for scalp
[14:58] {Threei} oops... no chhasing
[14:58] {Threei} jumped 5 cents in a blink of eye
[14:58] {markweb} in RIMM@55
[14:59] {markweb} stpop45, target 85
[14:59] {Chaeron} with you at .57
[14:59] {Chaeron} what the...
[14:59] {Threei} sharp downtick NQ
[15:00] {markweb} HA}HA
[15:00] {markweb} no lunch for 1.99:)
[15:00] {_hunterlayne} in at .33 RIMM
[15:00] {Threei} FED'S LACKER: INFLATION IS A PROBLEM, IT IS A TOO HIGH
[15:00] {_hunterlayne} too soon fellas! =)
[15:00] {Threei} you don't say
[15:01] {Threei} fed mastered the obvious really well I see
[15:01] {Threei} don't oversit RIMM
[15:02] {Threei} too many shakeouts
[15:02] {markweb} &*^%&*^% FED
[15:02] {Chaeron} *sigh*
[15:03] {markweb} nice set up:):):)
[15:03] {Threei} market takes this kind of speeches as a hint that rates may be hiked
[15:03] {Chaeron} I don't know how or what but hit wrong button or something and got out at breakeven... still trying to figure out
[15:04] {Chaeron} maybe I can blame it on the cat.....
[15:04] {_hunterlayne} in at .33 out at .80
[15:04] {_hunterlayne} my first with you guys
[15:04] {Chaeron} nice hunter
[15:04] {_hunterlayne} I could only afford 120 shares though
[15:04] {_hunterlayne} my margin is all locked up lol
[15:04] {Threei} fine for RIMM
[15:04] {Threei} no need to trade it with big size
[15:04] {markweb} i play RIMM 75-100shares
[15:05] {Threei} even magoo not playing more than 3K on RIMM
[15:05] {magoo} anyone think goog will surprise and RISE?
[15:05] {_hunterlayne} lol
[15:06] {Threei} see mags... it's very flattering that you think we think
[15:06] {Threei} but truth be told... we don't
[15:06] {magoo} vad really..dcc me
[15:18] {Threei} for this I need translation:
[15:18] {Threei} FED'S FISHER: MUST TRUST AND VERIFY ON INFLATION TREND
[15:21] {markweb} Vad, u in RIMM?
[15:23] {Threei} not right now
[15:23] {markweb} thx
[15:30] {Threei} Fisher:
[15:30] {Threei} - Inflation pressure is in euro terms, not just dollars.Global demand is driving up price pressures for energy and food.
[15:30] {Threei} - Libor turmoil won't impact liquidity measures. Can't comment on investigation into Libor rates. Needs to learn more on Libor issue.
[15:30] {Threei} - The latest CPI data is encouraging. Doesn't know how long the economic turmoil will last.
[15:30] {Threei} - says he sees some encouraging data on inflation.
[15:32] {Threei} RIMM should be a bounce here
[15:32] {Threei} waiting to see NQ greening
[15:33] {Threei} in
[15:33] {Threei} .02
[15:33] {Threei} stop under .90
[15:36] {Threei} half out
[15:36] {Threei} +.20
[15:36] {Threei} stop .99
[15:37] {Threei} geo... you asked for lunch money??
[15:37] {_hunterlayne} here it comes
[15:37] {_hunterlayne} Filet Mignon
[15:38] {Threei} rare
[15:38] {markweb} for 99c?
[15:39] {Threei} for 99 cents it better be well done
[15:39] {Threei} such price make me suspect it needs some serious termal works :)
[15:39] {markweb} k
[15:40] {Threei} hard to tell if it's just a shakeout for second half or it's done
[15:40] {Threei} as close to end of day I am not takming chances
[15:42] {Threei} did you all fall aslpee again?
[15:43] {Threei} got mesmerized by RIMM blinking?
[15:43] {_hunterlayne} son of a
[15:43] {Chaeron} gun
[15:43] {_hunterlayne} looks like ramen noodles tonight
[15:43] {patience} yesterday was a terrific day....today nada.
[15:45] {_hunterlayne} Today was extremely boring
[15:45] {fernp} Enough for today. I am tired
[15:45] {_hunterlayne} I wasted my day procrastinating from reading a 600 page book on Reagan for nothing
[15:45] {Threei} lol
[15:46] {Threei} I'll stay with Stephen King, thank you
[15:53] {Threei} Ok guys, thank you all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {markweb} WM nice
[15:53] {_hunterlayne} bye Vad
[15:53] {hawkfan4} thanks Vad
[15:54] {Threei} you traded it mark?
[15:54] {markweb} +0.4C
[15:54] {Threei} :)
[15:55] {magoo} vad..stay and put up GOOG numbers
[15:55] {Threei} I'll be on and off next 30 min mags
[15:55] {Threei} if I am lucky to be here when GOOG reports I will
[15:55] {magoo} ok
[15:56] {hawkfan4} i'll put them up when i get them mags
[16:00] {magoo} ty hawk
[16:01] {Threei} REPORTS Q1 $4.84 V $4.52E, R$ (EX-TAC) V $3.61BE
[16:02] {Threei} R $3.70 (EX-TAC) V $3.61BE
