Jun 03 2008
Session Time: Tue Jun 03 00:00:00 2008
[08:20] {Threei} LEH
[08:20] {Threei} COMPANY MULLING CAPITAL RASING AS A ONLY ONE OF SEVERAL OPTION
[08:20] {Threei} is bankruptsy another option?
[08:20] {Threei} oh I forgot... no such thing, fed to rescue
[08:20] {Threei} anyway... good morning
[08:21] {Threei} Good morning QTWW
[08:43] {cosmo} LRXX
[08:44] {cosmo} LXRX
[08:44] {cosmo} 2.50 so far
[08:44] {Threei} 06:30am [LXRX] Drug candidate for Carcinoid Syndrome, LX1032, receives Fast Track Status From the FDA
[08:45] {Threei} 2.5 important resistance to break on daily
[08:45] {magoo} morning
[08:45] {magoo} HEY, i did not need alternate server today
[08:45] {Threei} hi mags
[08:46] {Threei} yes, worked yesterday to fix the issue
[08:46] {Threei} found workaround to stop depending on chat host
[08:46] {Threei} well... don't take it as "I" found it... my tech knowledge is equal to one the cow possesses in ballet
[08:47] {Threei} but I managed the specialists :)
[08:48] {Threei} gotta make a decision on QTWW... sell the gap or try and hold for a swing
[08:48] {Threei} daily is ideal... each red bar day is on lower volume, each green is on higher
[08:49] {Threei} and still climbing slowly, no euphoric spike
[08:49] {magoo} wheres your entry?
[08:49] {Threei} 2.54
[08:50] {magoo} now ill tell u what u would tell me..."partial" lol
[08:51] {Threei} hmmm
[08:51] {Threei} what a novel concept
[08:51] {Threei} thank you :)
[08:52] {Threei} seeing how it goes through red-green days, it's tempting to sell into this gap and wait for a red day to re-enter,
[08:52] {Threei} but that also carries a chance of missing euphoric day
[08:52] {Threei} so I guess partial is da solution
[08:52] {Threei} it spikes, I ride on the balance,
[08:52] {Threei} it retreats, I re-buy sold half
[08:55] {Threei} now, ROYL gap I hate
[08:55] {magoo} he he,dcc quick
[08:56] {Threei} don't tell me you held it
[08:56] {Threei} I'll burst of envy
[09:01] {Threei} sold half at .74, +.20
[09:01] {Threei} 1.5K left
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:05] {fernp} good morning all
[09:05] {Threei} fern :)
[09:07] {pita} gm everyone
[09:07] {Threei} pita :)
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {Threei} everyone gets in fine via main server today?
[09:11] {patience} gm RT, and thank you Vad, logged in great this morning
[09:11] {Threei} :)
[09:11] {Threei} hopefully this issue is put to rest
[09:11] {dino} sell the gap, i just did w/ipi from yesterday +.55
[09:12] {Threei} keep that address for reserve one handy
[09:12] {dino} livermore- take the gift
[09:12] {Threei} really :)
[09:12] {Threei} wtg
[09:12] {dino} :)
[09:12] {Threei} as far as I can tell, relocation to new hosting went smoothly
[09:13] {magoo} whatr the f is big ben saying on cnbc?
[09:13] {Threei} but if you run into broken links, missing images etc, please let me know
[09:13] {dino} nothing really
[09:13] {_Kazaam} dollar reacted well
[09:13] {_Kazaam} good morning
[09:14] {Threei} morning kazaam
[09:14] {Threei} IMF'S STRAUSS-KAHN: IT IS TOO SOON TO TELL IF SUB-PRIME CRISIS HAS PASSED, BUT THE BIGGEST PART OF THE FINANCIAL CRISIS IS BEHIND US
- Sees a credit squeeze in Europe, not a credit crunch.
[09:14] {Threei} - Does not see any more oil price increases
[09:14] {Threei} what did ben say?
[09:16] {Threei} US) FED CHAIRMAN BERNANKE: CONFIDENT DOLLAR WILL REMAIN ''STRONG AND STABLE''
- Fed is attentive to implication for dollar slide, dollar has contributed to the inflation and inflation expectations
[09:16] {Threei} - Dollar slide has contributed to unwelcome rise in import prices and inflation
[09:16] {Threei} - Says will make policy to guard against risks to growth and inflation and commitment to dual mandate will be key to ensuring dollar remains a strong and stable currency
[09:16] {Threei} - Notes that until housing stabilizes growth risks will remain to the downside
[09:16] {Threei} - Financial markets have improved but conditions remain strained and credit generally tight, expects strengthening of capital and liquidity regulations and greater disclosure requirements
[09:16] {Threei} - Inflation is high but pass though of costs to labor and products has been limited
[09:17] {Threei} dual mandate?
[09:17] {Threei} this makes me uneasy
[09:17] {Threei} feds mandate was to control inflation
[09:17] {Threei} (and we all know what a great job they did, right?)
[09:18] {Threei} if they widen mandate to keep economy strong as well, I am afraid they might do just a good job in that direction as well
[09:18] {magoo} is he qualified..seriously?
[09:18] {Threei} for what?
[09:19] {Threei} movie rankings?
[09:20] {esemde} good morning...it worked Vad...the alternate log in....tks
[09:20] {Threei} ji ese
[09:20] {Threei} hi :)
[09:20] {Threei} but we fixed main server
[09:21] {esemde} ha ha ha ha.........too funny
[09:21] {Threei} sorry :)
[09:21] {Threei} but hey, keep that one handy
[09:21] {Threei} who knows what gets broken tomorrow
[09:22] {Threei} I have unquestionable ability to break all things technology
[09:23] {_osbo} hi
[09:23] {Threei} osbo :)
[09:24] {esemde} osbo...welcome
[09:24] {dino} to the jungle
[09:27] {Threei} USD up, oil down
[09:27] {Threei} what else can one want for breakfast
[09:29] {dino} 2 eggs, bacon, and home fries w/toast
[09:29] {Threei} well... eggs and bacon
[09:29] {Threei} :)
[09:29] {Threei} no fries for me
[09:29] {dino} actually having planters peanuts
[09:31] {magoo} MA news vad?
[09:32] {Threei} 08:26am [MA] Price Target raised to $367 from $312 at Stifel; Maintains buy rating
[09:32] {magoo} so drops 7?
[09:33] {Threei} ROYL... grr
[09:33] {Threei} it's just its natural volatility mags... consider it a downtick :)
[09:34] {magoo} ROYL 10 comith
[09:34] {Threei} 05:46am [AUXL] XIAFLEX meets primary endpoint with statistical significance in CORD I pivotal Phase III study for Dupuytren's Contracturw
[09:34] {Threei} not fresh
[09:35] {Threei} GEORGE SOROS REITERATES THAT RECENT PRICE RISE IN COMMODITIES HAVE SIGNS OF A BUBBLE
[09:35] {Threei} you don't say
[09:36] {esemde} any commodity in particular....OIL maybe?
[09:36] {Threei} LEH
[09:36] {Threei} looking for short entry
[09:37] {Threei} 32.90 breakdown level
[09:37] {Threei} I'd like closer to resistance though
[09:37] {Threei} aggrwessive entry around .35
[09:38] {Threei} first weakness from here
[09:40] {Threei} in, stop above .85
[09:40] {Threei} got .63
[09:42] {_rant} SEED ?
[09:42] {_rant} down 10%
[09:42] {Threei} forget it
[09:42] {Threei} bs stock
[09:42] {_rant} ok :)
[09:42] {Threei} stop to .76 LEH
[09:43] {Threei} half out
[09:43] {Threei} +.21
[09:43] {Threei} stop to .71
[09:44] {dino} mvsn?
[09:44] {Threei} nothing fresh
[09:45] {Threei} out balance LEH
[09:45] {Threei} not sure what it's going to do from here
[09:45] {Threei} chart becomes looking more like bounce
[09:46] {Threei} oh well
[09:46] {Threei} next
[09:47] {esemde} L GRMN 51.99 1/2 lot
[09:47] {dino} arex
[09:48] {esemde} grmn bouncing all over the place
[09:48] {Threei} can I have my LEH back?
[09:48] {Threei} ABC NEWS: IRAN SAYS TO PURSUE ATOMIC DRIVE DESPITE TRADE OFFER
[09:48] {esemde} out grmn .27
[09:49] {esemde} +.28
[09:49] {Threei} wtg
[09:49] {esemde} dangerous one that one
[09:50] {dino} mvsn sm l .45 ave
[09:50] {fernp} out JBL +.23
[09:50] {Threei} ACOR
[09:50] {Threei} .15 small shares long
[09:50] {Threei} if stays above .90
[09:51] {dino} kndl
[09:52] {dino} gj fernp
[09:52] {esemde} ACOR 1/2 lot .90 ...i'm with ya Vad
[09:52] {Threei} too aggressive
[09:52] {esemde} stopped Acor.......that was fast
[09:52] {esemde} yep
[09:53] {esemde} live and learn
[09:53] {Roman} 21 EMKR radar
[09:54] {Roman} 21 JRJCtaking small
[09:54] {Roman} 21 very risky, wide stop
[09:54] {Roman} 21 24.20
[09:55] {dino} kndl sm s .50 stop .84
[09:56] {magoo} aCOR invalidated vad?
[09:56] {Roman} 21 OMNI
[09:56] {Roman} 21 long off 6
[09:56] {Threei} of course
[09:56] {fernp} out S +.10 scalp is scalp
[09:58] {dino} gj
[09:58] {Threei} LEH, another short here with stop above 33.10
[09:59] {Roman} 21 EMKR long setup
[09:59] {Roman} 21 in
[10:00] {Roman} 21 8.14 1/2
[10:00] {Threei} APRIL FACTORY ORDERS: 1.1% V -0.1%E- prior revised from 1.3% to 1.5%
[10:00] {dino} all is well then
[10:00] {Threei} yup
[10:00] {Roman} 21 long WB
[10:01] {Roman} 21 22.85
[10:01] {Roman} 21 market recovery may help
[10:01] {fernp} out QQQQ +.15
[10:01] {dino} de sm l .50
[10:02] {Threei} new low LEH
[10:03] {Threei} half out .55
[10:03] {Roman} 21 out 1/2 OMNI +28
[10:03] {Threei} +.34
[10:03] {Threei} out in full
[10:03] {Threei} got .38 on exit
[10:03] {Threei} .89 - .38...
[10:04] {Threei} my math abilities are not too good
[10:04] {magoo} .68 vad
[10:04] {fernp} out 1/2 IPG +.10
[10:04] {Threei} wow... what a bounce
[10:05] {dino} kndl spread gonna get me
[10:05] {Threei} anyone did LEH?
[10:05] {magoo} missed it
[10:06] {Threei} QTWW, my little cutie
[10:06] {Roman} 21 out 1/2 WB +.25
[10:06] {Threei} nice Roman
[10:06] {pita} +.26 ty
[10:07] {Threei} on what pita?
[10:07] {pita} leh
[10:07] {Threei} :)
[10:07] {pita} sm shares only
[10:07] {Threei} yeah, thing is volatile
[10:07] {Roman} 21 long CPSL small
[10:07] {Roman} 21 5.53
[10:08] {Roman} 21 ctdc
[10:08] {Threei} but... remember Geo's trade when I called BSC short at 50?
[10:08] {Threei} his comment was "never saw that much money made on 100 shares" lol
[10:08] {Threei} btw, Geo on one month leave, asked to say hello to you
[10:09] {Threei} wow OMNI
[10:09] {Threei} hitting them just right Roman
[10:10] {Roman} 21 BCON
[10:11] {dino} out de .98, +.48
[10:12] {Chaeron} good morning everyone
[10:12] {Threei} chaeron :)
[10:13] {dino} mvsn stop to .49
[10:13] {dino} gm chaer
[10:14] {Chaeron} heya 3i, dino
[10:14] {Threei} remember we picked LEH as main short target for today vs MER?
[10:14] {Threei} look at both
[10:14] {Threei} LEH down over a buck
[10:14] {Threei} MER merely 30+cents
[10:14] {dino} sohu
[10:15] {dino} cgrb
[10:17] {dino} arex s .61 sm
[10:18] {Threei} dp, look dcc please
[10:18] {Threei} FEED holding well
[10:18] {Threei} .90 half lot long if stays above .75
[10:19] {dino} arex stopped .88 -.27
[10:20] {Threei} XIDE .41 long half lot
[10:22] {Threei} stop under .30
[10:23] {Threei} ese, look dcc please
[10:26] {Threei} ASIA
[10:26] {Threei} break of .20 long
[10:27] {Threei} stop under 14
[10:30] {Threei} HEARING STRENGTH ATTRIBUTED TO RUMOR THAT DRIV HAS DROPPED OUT OF CONFERENCE
[10:30] {Threei} huh?
[10:30] {Threei} someone is totally desperate wbout coming up with explanations
[10:31] {Threei} LEH is bottomless
[10:31] {Threei} asia
[10:31] {Threei} market pullback held it back, let's see is it ramps up with bounce
[10:32] {pita} in asia
[10:34] {Threei} OMNI new high... still in Roman?
[10:34] {Roman} 21 yes, still got 1/2
[10:35] {Threei} nice
[10:35] {Roman} 21 still in JRJC
[10:35] {Roman} 21 GEOI
[10:35] {Roman} 21 nothing
[10:36] {dptl} stopped xide
[10:36] {Roman} 21 COIN bouncing today
[10:39] {Threei} why did I ever bother to cover LEH?
[10:40] {dino} hrs sm l .42
[10:41] {judijim} hello everyone, good morning
[10:42] {Threei} jj :)
[10:42] {Chaeron} hijj
[10:43] {magoo} jj:)
[10:47] {fernp} ORCL
[10:51] {Threei} HILLARY CLINTON ACKNOWLEDGE TONIGHT THAT OBAMA HAS NOMINATION - SOURCES
[10:53] {fernp} out 1/2 ORCL +.20
[10:56] {Chaeron} watch Obama ask Clinton for VP slot... and I don't mean Hillary... :)
[10:57] {Threei} I can't find words powerful enough to express my awe and admiration for QTWW
[10:57] {Chaeron} geeesh... get a room...
[10:58] {Threei} you are just envious
[10:59] {Threei} of our great mutual love
[10:59] {fernp} out ORCL +.30
[10:59] {Threei} wtg
[10:59] {Threei} that was fine setup fern
[10:59] {Roman} 21 out remaining OMNI +.72
[10:59] {Threei} looked when you mentioned it
[11:00] {Chaeron} happy for you both... now can ASIA find some love?
[11:00] {Threei} that's simply indecent Roman
[11:00] {fernp} easy to read
[11:00] {Chaeron} Nice one Roman!
[11:00] {dino} gj
[11:00] {Threei} who makes 72 cents on $6 stock?
[11:01] {Roman} 21 thanks
[11:01] {dino} rfr does
[11:04] {Threei} FED CHAIRMAN BERNANKE: REMAINS SKEPTICAL OF THE ABILITY OF CENTRAL BANKS TO PRICK ASSET BUBBLES, NEED TO EXAMINE HOW CENTRAL BANKS RESPOND TO BUBBLES
- Banks can potentially use supervision, regulation to address asset bubbles, brokers, banks must be prepared for strains, it is necessary to ensure that all systemically important financial firms buffered against shocks, Fed direct interaction with banks is key to adequate oversight.
[11:04] {Threei} - Says that much of the USD drop since 2002 has been unwinding of past gain
[11:04] {Threei} this unwinding is part of the process of restoring the global trade balance.
[11:04] {Threei} - Weakening of the USD has had some inflationary impact, a modest commodity price impact.
[11:04] {Threei} - Supply and demand factors are the most important components of commodity prices.
[11:04] {Threei} - The rise in commodity prices are a major shock to inflation and consumer purchasing power
[11:11] {Roman} 21 out 1/2 CPSL +.30
[11:11] {Roman} 21 out JRJC -.31
[11:11] {Threei} finally
[11:11] {Threei} now we know Roman is human
[11:12] {Roman} 21 thanks, by the way, i love the video interview on your home page vad
[11:12] {Roman} 21 when was that taken?
[11:12] {Threei} in vegas
[11:12] {Threei} same year we met there
[11:12] {magoo} roman interwiew?
[11:13] {Threei} and you scared the heck out of me when almost strangled me as I tried to take your custard
[11:14] {Threei} no mags, mine
[11:15] {Threei} Roman's interview was scheduled but never posted... they thought "don't touch my custard if you want to see the light of the next day" was a bit too short
[11:16] {Roman} 21 :)
[11:16] {Threei} and he refused to talk about anything elose, saying "this is my only message to the world and future generations"
[11:16] {magoo} :)
[11:18] {Threei} jeez ASIA, what's your problem
[11:18] {Threei} go already
[11:19] {Threei} just so you know... roman's love for custard is exceeded or matched only by my love for bacon... and trying to take it from him is as risky as holding 10K of GOOG overnight
[11:19] {dino} you guys are making me hungry
[11:20] {esemde} signing off see you all tomorrow
[11:20] {Threei} take care ese
[11:20] {magoo} really..i have a lunch craving for a BLT sandwiche, xtra bacon
[11:20] {dino} cya es
[11:36] {Threei} S&P: LEH DOES NOT HAVE A CAPITAL ISSUE 'AT THIS TIME', UNDERSTAND LEH IS LOOKING TO RAISE MORE CAPITAL
[11:36] {Roman} 21 VLNC picking up some steam
[11:36] {Threei} yeah, looking at it for a few days, can't make up my mind about it
[11:37] {Threei} wow COIN
[11:37] {Threei} what's up
[11:37] {Roman} 21 just a bounce IMO
[11:37] {Threei} US TREASURY: BERNANKE AND PAULSON ARE COMMITTED TO POLICIES FOR PROPERLY FUNCTIONING MARKETS AND ECONOMY - SPOKESPERSON
[11:38] {dptl} nvtl?
[11:38] {Threei} oh good... I was afraid they were looking to implement improper policies
[11:38] {Threei} probably worth a try for scalp at .83, dp
[11:39] {dptl} ok ty
[11:42] {dino} gymb'
[11:44] {Threei} LEH
[11:44] {Threei} painsd me to say... but break of .50 priobably a long scalp
[11:48] {Threei} if holding above .35
[11:56] {Threei} 1;1
[11:56] {dino} dgly
[11:58] {Threei} anyone did LEH on break?
[11:59] {dptl} me +.19 ty
[11:59] {magoo} sorry to report..i missed all 3 of your LEH today
[11:59] {Threei} CLINTON CAMPAIGN CHAIRMAN DISPUTES REPORTS OF CLINTON CONCESSION OF DEMOCRATIC NOMINATION TUESDAY , NOTES RECENT REPORTS AS INCORRECT
[12:00] {Threei} PREVIEW: MAY US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
DRAFT
[12:00] {Threei} **consensus estimates:
[12:00] {Threei} - Ford: -17.5%e adjusted basis (usually released at Noon ET).
[12:00] {Threei} - GM: -23%e adjusted basis (usually released around 1:45pmET).
[12:00] {Threei} - May 2008 had 27 selling days, one more than May 2007. On an unadjusted basis, the estimates above would be higher by about 4%
[12:00] {Threei} is it ugly or what
[12:00] {dino} indeed
[12:01] {Threei} Ford
[12:01] {Threei} TOTAL VEHICLE SALES DOWN 16% FOR MAY, AFFIRMS Q2 AND Q3 PRODUCTION TARGETS
[12:07] {pita} later guys
[12:09] {Threei} take care pita
[12:11] {dino} plce
[12:22] {dino} mvsn out .82 +.37
[12:27] {Threei} LEH, same setup again
[12:27] {Threei} .50 break
[12:28] {magoo} if this is only one i try..it is certain to fail :(
[12:29] {dino} plce sm l .68
[12:34] {Chaeron} LEH has to hold .30?
[12:34] {Threei} .30 -.35 area
[12:34] {Chaeron} thx
[12:37] {Chaeron} in
[12:37] {Chaeron} .51
[12:39] {Threei} DAI REPORTS MERCEDES-BENZ CAR SALES UP 12% IN THE US IN MAY
[12:39] {Threei} NSANY REPORTS MAY US NISSAN AND INFINITI BRAND SALES UP 4.4%
[12:43] {Threei} don't you hate ACOR
[12:43] {Threei} no clean entry on either breakout or pullback
[12:50] {dino} stop/covkndl .69 -.19
[12:51] {Roman} 21 NCOC long
[12:51] {Roman} 21 small
[12:51] {Roman} 21 7.82
[12:55] {dptl} stopped leh
[12:55] {Threei} yeah
[12:56] {dino} plce stop to b/e
[12:58] {dptl} ah ....just can't win these days...taking a break
[12:58] {Threei} hmmm
[12:58] {Threei} 4 calls on LEH
[12:58] {Threei} 3 winners, 1 stop
[12:58] {dptl} only did 2
[12:58] {Threei} if that qualifies as "can't win"...
[12:58] {dptl} i did some other trades
[13:00] {dino} shake it off dp, we all go through slumps
[13:00] {dino} remember, good trading is not about being right, it's about trading right
[13:01] {dino} gymb taunting me
[13:01] {Chaeron} back... stopped on LEH - sorry Vad
[13:04] {magoo} [12:29] {magoo} if this is only one i try..it is certain to fail :(
[13:04] {Threei} yuo guys are full of optimism
[13:04] {Threei} I am leaving for Tibet cave
[13:04] {Threei} for 3 years
[13:05] {Threei} this is how long it's going to take to shake off this outlook
[13:06] {dino} hmmm (dino not in that group)
[13:06] {Threei} no
[13:06] {Threei} it's like you expect yourself to lose
[13:06] {dino} cme
[13:06] {Threei} ever seen anyone winning while being already resigned?
[13:07] {dino} i must agree w/you
[13:09] {Threei} CFTC: WITHDRAWING PROPOSALS TO BOOST SPECULATIVE LIMITS ON CERTAIN AGRICULTURAL FUTURES
- Notes it will ask for more information from swaps dealers and index traders.
[13:09] {Threei} - Planning a monthly publication of trader information regarding agricultural markets starting in July.
[13:10] {dino} good
[13:17] {dino} plce stop to .94
[13:19] {Threei} ABK CEO: FIRM HAS NO LIQUIDITY WORRIES - TV INTERVIEW
[13:19] {dino} to .08
[13:20] {dino} out .18 +.50
[13:20] {dino} abk sounds familiar, same speach in march
[13:21] {Threei} and same as BSC couple days before demise {G}
[13:22] {Threei} oil losing 125
[13:22] {dino} yes, leh similar too
[13:22] {Threei} UAUA moved a bit today
[13:23] {Threei} DAL too
[13:23] {Threei} and NWA
[13:23] {Threei} airlines benefit from oil dump
[13:24] {dino} going to need a much bigger oil dump for them to stay out of chapter 11
[13:24] {Threei} true
[13:24] {dino} where does cme bottom, -130+ points in a month
[13:25] {dino} to 350 strike perhaps
[13:25] {Threei} OBAMA GAINS THE DEMOCRATIC NOMINATION, ACCORDING TO AP DELEGATE COUNT
[13:26] {magoo} where i short it dino
[13:27] {dino} cme?
[13:29] {dino} my original call last week was 400, now 350 by expiration, but today, imo, the safer play is long after this 25 pt drop from 10:00 am
[13:32] {dino} hrs stopped -.42
[13:32] {Threei} what just happened?
[13:32] {Threei} I see no news for this dump
[13:33] {fernp} what had happened?
[13:33] {Roman} 21 maybe its the OBAMA NEWS
[13:34] {cosmo} they find obama?
[13:34] {cosmo} oops
[13:34] {Threei} wierd
[13:34] {Threei} it's not like it's an unexpected news
[13:35] {fernp} nothing in briefing.com
[13:35] {Threei} and it's not like he is already a president
[13:36] {dino} it's the obama/hillary ticket scaring the sh#t out of markets
[13:40] {dino} breaking yesterdays lod
[13:40] {dino} dji
[13:41] {Chaeron} was the market thinking that they were going to release the alledged Michelle tape and Hillary would get the nom?
[13:42] {_rant} 10:41] {_rant} what made the mkt tank
[13:42] {_rant} [10:41] {_rant} was away for 30 mins
[13:42] {_rant} [10:41] {_rant} and red everywhere
[13:42] {dino} market is thinking much higher taxes coming next year, capital gains to 28% for starters
[13:43] {Threei} our current guess is, Obama winning nimonation, rant
[13:43] {dino} of course, it could just all be magoos' fault
[13:43] {Chaeron} would we had rallied if Senator clinton won?
[13:44] {Threei} good question Chaeron
[13:45] {dino} either way, not market friendly imo
[13:46] {dino} but....obama showing weakness considering hillary. we know she would not have choosen him
[13:49] {Threei} I don't know what to make of this selloff
[13:49] {Threei} staying on a sideline
[13:49] {Roman} 21 6.2 quake shakes Solomon Isles; no tsunami warning issued - DJ
[13:49] {dino} waiting for ipi around 47.30s
[13:50] {Chaeron} I still think that he should ask Bill to be the VP... He'd accept, just out of ego, even in the face of his his wife losing the nom...and it would be a love fest for the party lol
[13:52] {dino} can he, constitutionally, be pres. again?
[13:52] {dino} vp could end up pres.
[13:55] {Threei} look at LEH
[13:56] {fernp} OIL and market falling
[13:56] {Threei} yes
[13:56] {Threei} HEARING NEGATIVE CHATTER CIRCULATING IN LEHMAN; CHATTER LEHMAN ACCESSING THE FED DISCOUNT WINDOW
[13:56] {Threei} uh oh
[13:56] {dino} bsc all over
[13:58] {fernp} Banking index -BKX- breaks under its 5-yr low
[13:59] {_rant} any read on WFR ?
[13:59] {_rant} its just dropping
[13:59] {Threei} no
[13:59] {Threei} stay away
[14:00] {Threei} in this market you can lose your shirt in a blink of eye
[14:00] {_rant} crap...already in
[14:00] {_rant} ya...
[14:00] {_rant} money evaporating...
[14:00] {Threei} in where, long, short?
[14:01] {_rant} long
[14:01] {_rant} at 65.5
[14:01] {_rant} sucks..
[14:01] {Threei} wow
[14:01] {Threei} why no stop??
[14:01] {_rant} dumb move..
[14:02] {_rant} now lickin my wounds
[14:02] {Threei} ok... trading without stops is surefire way to disaster
[14:02] {_rant} yes it is..
[14:02] {Threei} a lot of people checked it for themselves
[14:02] {Threei} why do you need to join them?
[14:03] {_rant} was getting stopped out..just to see it reverse
[14:04] {Threei} I don't understand
[14:04] {Threei} there is a stop level for any setup
[14:04] {Threei} it's hit, you are out
[14:05] {_rant} broke my own rule...deserve to lose money
[14:07] {Threei} IMO, this market selloff is LEH, not Obama
[14:07] {dino} agree, bit of panic in brokers
[14:07] {dino} but, let's blame the politicians anyway
[14:07] {Chaeron} LKEH shorted itself... they'll be fine
[14:07] {Chaeron} LEH
[14:08] {Threei} lol
[14:08] {Threei} I am really interested how it's going to unfold
[14:08] {dino} i bet you gs shorted them
[14:08] {Threei} they can't repeat BSC scenario
[14:08] {Roman} 21 Bush signs amended credit-card law to reduce retailer lawsuits - Bloomberg
[14:09] {Threei} and they say they can't let the big bank fail
[14:10] {Roman} 21 long WB
[14:10] {Roman} 21 small
[14:10] {Roman} 21 21.58
[14:11] {Roman} 21 out WB
[14:11] {Roman} 21 +.01
[14:13] {dino} lol
[14:14] {magoo} nice roman :)
[14:14] {Roman} 21 every penny counts
[14:14] {magoo} 10k shgares?
[14:14] {Roman} 21 2k
[14:14] {dino} y, just busting you
[14:16] {_Kazaam} are you guys seeing occasional $1 dollar and 50cent spikes on LEH? or is that just my data feed
[14:16] {Threei} not here
[14:17] {Threei} chart matches level 2 and T&S
[14:17] {_Kazaam} well, i guess you get what you pay for when you use Barcharts.com Ninja trader feed
[14:19] {_Kazaam} what broker would guys suggest for your style of trading? or for somebody just starting out in stocks?
[14:19] {dino} direct access
[14:20] {_Kazaam} mbtrading?
[14:20] {Chaeron} see the stuff on LASER on realitytrader home page?
[14:20] {_Kazaam} yes
[14:20] {Chaeron} wow... someone in this room that can read... :))
[14:20] {Threei} that would not be me
[14:20] {magoo} his spelling is good too
[14:20] {Chaeron} pfffft... you just write
[14:20] {Threei} yes
[14:21] {Threei} but I can't read what I write
[14:21] {_Kazaam} i never said i could read, LASER had pretty pictures
[14:21] {Threei} rofl
[14:21] {Chaeron} oh brother... you'll fit in here just fine :)
[14:21] {Chaeron} me stopped on ASIA.... took too dang long
[14:22] {Roman} 21 time to buy QQQQs
[14:22] {Roman} 21 bidding QQQQ 48.77
[14:22] {dptl} laser had pretty pictures ...lol.....you should see laser live it's like christmas every day
[14:23] {Roman} 21 long WB
[14:23] {Roman} 21 small, 21.10
[14:25] {Roman} 21 out WB
[14:25] {Roman} 21 +.15
[14:25] {Chaeron} nice scalp
[14:25] {Roman} 21 in QQQQs 48.73
[14:27] {Chaeron} got .72 here Roman... thank you
[14:27] {dino} gj
[14:27] {Roman} 21 please don't thank until we are out of position
[14:28] {Roman} 21 u are right vad LEH is partially responsible for the selloff
[14:28] {fernp} bad tick in LEH ?
[14:28] {fernp} low 22.85
[14:29] {Threei} I don't have it
[14:29] {Threei} 28.98 low here
[14:30] {dino} 22.85
[14:34] {dino} 8.95 tomorrow at open (memories)
[14:37] {Roman} 21 out QQQQ +.10
[14:38] {dino} ipi sm l .60
[14:39] {_rant} nice roman
[14:39] {_rant} u r pretty much in the zone
[14:39] {Chaeron} out .83 Roman +.11... now may I thank you?
[14:39] {Roman} 21 let me think about it
[14:39] {Chaeron} thanks any way
[14:39] {Roman} 21 yw
[14:43] {magoo} man..i got a lesson today on MA
[14:43] {magoo} never really knew it was that wild
[14:43] {Roman} 21 LEH decent bounce
[14:43] {Roman} 21 WB
[14:43] {Roman} 21 maybe get a scalp here
[14:44] {Roman} 21 21.42
[14:45] {Roman} 21 i'll pass
[14:51] {dptl} out +.20 wb ty Roman
[14:51] {Threei} I am getting my half of QTWW back here
[14:51] {Threei} very much looks like double bottom on intraday
[14:51] {Threei} and support from yesterday
[14:52] {dino} out ipi .00, +.40
[14:53] {dino} ok, gotta hop for 30 or so, accountant issues
[14:53] {_rant} entry vad ?
[14:54] {Threei} got .63
[14:54] {_rant} and all imp SL ?
[14:54] {Threei} hmm?
[14:54] {_rant} stop loss
[14:55] {Threei} well, it's a swing trade for me, from yesterday
[14:55] {Threei} my original entry was .64,
[14:55] {_rant} ah ok
[14:55] {Threei} sold half at .74 this morning,
[14:55] {Threei} got it back now at .63,
[14:55] {Threei} so I'd think .49 is my logical stop
[14:56] {Threei} for a new entry it's a different structure
[15:04] {Roman} 21 LEH Lehman Brothers denies speculation it accessed Fed borrowing window (31.72 -2.16) -Update-
[15:04] {Roman} 21 nice
[15:04] {Roman} 21 WB again
[15:05] {magoo} vasd, im 50 bux in the hole..find me a winner ..paaaaallllleeease
[15:06] {Chaeron} lol... I must buy twice as much as you magoo
[15:07] {Chaeron} maybe not a good time to bother Vad magoo... he's too busy pitching woo to QTWW
[15:07] {Threei} 50 bucks?
[15:07] {Threei} you could have already made it on that same QTWW
[15:09] {Threei} REPORTEDLY LEHMAN TREASURER DENIES SPECULATION THAT IT HAS ACCESSED FED BORROWING FACILITY; NOTES LAST TIME ACCESSED FACILITY WAS APRIL 16- Notes its liquidity position in Q2 is $40B vs $34B at end of Q1
[15:09] {magoo} coulda..shoulda...c'mon...get me something
[15:10] {Threei} I did... but you need to take me off ignore if you want to see my calls {G}
[15:10] {magoo} i know...
[15:10] {Threei} now, I know you enjoy clicking that Ignore button
[15:11] {magoo} i do..plus u ignore me so i feel like its revenge :)
[15:11] {Threei} but look at the price:
[15:11] {Threei} even if you took lousy 1000 shares of QTWW
[15:11] {Threei} at not the best price available, .65 let's say
[15:12] {Threei} you qwould have been up over 100 bucks already
[15:12] {Threei} which takes care of your pain and suffering
[15:12] {Threei} and even gets you in the black
[15:12] {Threei} sooo... sweet revenge or making money... chose wisely :)
[15:17] {magoo} somehow i feel..as while u type all this...u are not putting forth best effort for my next trade lol
[15:17] {Threei} no... I am not done tormenting you about previous one :)
[15:18] {magoo} and how can i put a price on sweet sweet revenge?
[15:18] {magoo} u, being a mean man of sort..can relate
[15:18] {Threei} me? I am warm and fuzzy
[15:20] {magoo} your so cold...i heard it was your original idea for the quebec ice hotel
[15:21] {Threei} actually, they killed it
[15:21] {Threei} I didn't mean to have blankets, fireplaces etc in it
[15:21] {Threei} it was meant to be just ice
[15:21] {magoo} ROFLOL
[15:21] {magoo} i have immediate family that went there
[15:21] {magoo} actually, they froze
[15:24] {Threei} market's fate is in LEH hands for the next few sessions
[15:24] {Threei} LEH goes the way of Dodo and BSC - market drops like there is no tomorrow
[15:25] {Threei} LEH proves to be honest when says "no problem" (give me a minute to laugh out loud) 0 market explodes tio the upside
[15:26] {_rant} worth going long on WB at 21.7 ?
[15:27] {Threei} Roman's baby... I don't have a grip on it
[15:28] {Threei} ROYL
[15:28] {magoo} alright, + 100 without u...IN YOUR FACE
[15:28] {Threei} hehe
[15:28] {magoo} revenge rules lol
[15:28] {Threei} on what?
[15:29] {magoo} rimm
[15:29] {magoo} old faithful
[15:29] {Threei} :)
[15:29] {magoo} .69 to .97
[15:29] {Threei} ROYL poullback closer to .50
[15:29] {Threei} risky scalp long
[15:29] {magoo} now..u trying to make me lose it????
[15:31] {Threei} don't chase
[15:31] {Threei} it's pullback or let it go
[15:33] {_rant} wot a reversal
[15:33] {_rant} dont know how to trade this crazy mkt
[15:34] {Threei} sit it out
[15:34] {Threei} no need to be in the middle of every battle
[15:34] {_rant} ya...
[15:34] {_rant} lucky WFR recovered
[15:34] {_rant} plain lucky
[15:34] {Threei} take a gift...
[15:34] {Threei} and swear never to do it again
[15:35] {_rant} how do u keep urself soo calm n focused
[15:35] {Threei} this kind of things will simply put you out of business
[15:35] {_rant} its amazin
[15:35] {magoo} hes a machine
[15:35] {Threei} I do it for 12 years... every day
[15:35] {_rant} i know
[15:35] {magoo} like hal in space odessy
[15:35] {magoo} mastrer computer running this room
[15:35] {_rant} traders are known to breakin their rules..
[15:35] {Threei} if I was taking it with such tension, I would have burnt out long ago
[15:38] {_rant} lot to learn from you !!
[15:38] {Threei} look at ROYL
[15:39] {Threei} see mags... I was trying to make you money... again
[15:39] {Threei} (all to no avail)
[15:39] {_rant} some ppl can retire with such trades..
[15:39] {Threei} good idea actually
[15:39] {_rant} :)
[15:41] {magoo} oh contrare monfrare
[15:41] {Threei} sheesh... I am not learnbing another language
[15:42] {magoo} in royl
[15:42] * Threei slaps magoo around a bit with a large trout
[15:43] {Threei} notice: I did it in calm and focused manner
[15:43] {magoo} OUT .18 LOL
[15:43] {magoo} ty
[15:43] {Threei} from?
[15:43] {magoo} .86
[15:43] {Threei} wtg
[15:43] {Threei} good way to finish the day
[15:44] {Threei} now...
[15:44] {Threei} looking at OMNI
[15:44] {Threei} it moved a bit with ROYL
[15:44] {magoo} whren u said do not chase..i figured hmm..he wants to hurt me ,..so i went in
[15:44] {Threei} lol
[15:44] {Chaeron} logical
[15:44] {Threei} at the moment pullback to .50 was best entry
[15:44] {magoo} cause watching a runner hurts
[15:45] {Threei} question is,
[15:45] {Threei} has OMNI a good chance to gap?
[15:45] {Threei} or LEH goes belly up overnight and all gaps are eliminated :)
[15:45] {magoo} not great day..but winn streak contuinues to day 6
[15:45] {Threei} not great eh?
[15:45] {magoo} in a tiough market for magoo
[15:45] {Threei} made money and whining
[15:45] {Threei} sigh
[15:45] {magoo} up 200
[15:46] {Threei} the nerve on some
[15:46] {magoo} id slap me
[15:46] {magoo} id=i'd
[15:47] {Threei} thus I won't
[15:47] {magoo} xcuse me..day 7
[15:47] {Threei} argh... that did it
[15:47] {magoo} if majke it out today alive
[15:47] * Threei slaps magoo around a bit with a large trout
[15:47] {Threei} alive yes, but this fishy smell...
[15:47] {Threei} OK, I'll take some OMNI I guess
[15:47] {Threei} risky
[15:48] {magoo} not 1..but 2 today...alls well
[15:51] {Threei} OMNI on the move
[15:52] {Threei} PPC
[15:52] {Threei} STATES COMPANY DOES NOT SHIP CHICKEN TO RUSSIA
[15:52] {Threei} lol
[15:52] {Threei} neither di I
[15:52] {Threei} but I don't run around posting headlinea about it
[15:52] {_Kazaam} lol
[15:52] {Threei} OMNI baby
[15:52] {Threei} half out
[15:52] {Threei} half for overnight
[15:53] {Threei} that was another 150 bucks for you mags
[15:53] {Threei} now... may I hope to be taken off ignore?
[15:53] {_rant} how do u spot breakouts ?
[15:54] {Threei} scanner
[15:54] {Threei} it spits them out like tennis ball machine
[15:54] {_rant} and scan for what kind of formula
[15:54] {Threei} not formula
[15:54] {Threei} chart fomration
[15:54] {Threei} formation
[15:55] {_Kazaam} are you using trade ideas?
[15:55] {Threei} our version of it
[15:55] {Threei} IntelliScan
[15:55] {Threei} has our setups built in
[15:56] {_rant} i use strategyDesk
[15:56] {Threei} including JBE and DBI, my setups for breakout/breakdown
[15:56] {_rant} jbe ?
[15:56] {Threei} OK... you need to read some of our matwerials :)
[15:56] {_rant} ya :0
[15:56] {Threei} techniques of tape Reading
[15:56] {Threei} The master profit plan
[15:56] {Threei} these two is a must
[15:57] {Threei} scalping video course IF you focus on intraday trading
[15:57] {Threei} I am ready to answer any questions, but you realize I can't retype whole book here :)
[15:58] {_rant} sure..will go through it..
[15:58] {Threei} btw
[15:58] {fernp} IMO video course also is a must
[15:58] {Threei} if after reading through the website you decide you need it, pay attention to best value offer
[15:59] {_rant} but wot i am not clear is, u still have to tell intelliscan software wot u r looking for
[15:59] {Threei} MPP, videocourse and online course, and psych CDs ASND two months of room on top
[15:59] {Threei} that's not even value... that's a steal
[15:59] {_rant} based on some conditions it will pop out some stocks..right
[15:59] {Threei} there are preconfigured strategies in it rant
[16:00] {Threei} can tweak them all you want,
[16:00] {Threei} or can use them as it is
[16:00] {_rant} i see
[16:00] {Threei} OK guys, gotta leave now
[16:00] {Chaeron} QTWW :)
[16:00] {Threei} have accountant appointment on corporate taxes
[16:00] {Threei} yes chaeron :)
[16:01] {Threei} thank you all
[16:01] {Chaeron} thanks Vad
[16:01] {fernp} TY vad
[16:01] {Threei} turned out a rather nice day
[16:01] {_rant} thanks vad
[16:01] {Threei} see you tomorrow
[16:01] {dptl} have a good evening all
[16:01] {_Kazaam} adios everybody
[16:03] {magoo} TY vad
[16:03] {magoo} thanx all
[08:20] {Threei} LEH
[08:20] {Threei} COMPANY MULLING CAPITAL RASING AS A ONLY ONE OF SEVERAL OPTION
[08:20] {Threei} is bankruptsy another option?
[08:20] {Threei} oh I forgot... no such thing, fed to rescue
[08:20] {Threei} anyway... good morning
[08:21] {Threei} Good morning QTWW
[08:43] {cosmo} LRXX
[08:44] {cosmo} LXRX
[08:44] {cosmo} 2.50 so far
[08:44] {Threei} 06:30am [LXRX] Drug candidate for Carcinoid Syndrome, LX1032, receives Fast Track Status From the FDA
[08:45] {Threei} 2.5 important resistance to break on daily
[08:45] {magoo} morning
[08:45] {magoo} HEY, i did not need alternate server today
[08:45] {Threei} hi mags
[08:46] {Threei} yes, worked yesterday to fix the issue
[08:46] {Threei} found workaround to stop depending on chat host
[08:46] {Threei} well... don't take it as "I" found it... my tech knowledge is equal to one the cow possesses in ballet
[08:47] {Threei} but I managed the specialists :)
[08:48] {Threei} gotta make a decision on QTWW... sell the gap or try and hold for a swing
[08:48] {Threei} daily is ideal... each red bar day is on lower volume, each green is on higher
[08:49] {Threei} and still climbing slowly, no euphoric spike
[08:49] {magoo} wheres your entry?
[08:49] {Threei} 2.54
[08:50] {magoo} now ill tell u what u would tell me..."partial" lol
[08:51] {Threei} hmmm
[08:51] {Threei} what a novel concept
[08:51] {Threei} thank you :)
[08:52] {Threei} seeing how it goes through red-green days, it's tempting to sell into this gap and wait for a red day to re-enter,
[08:52] {Threei} but that also carries a chance of missing euphoric day
[08:52] {Threei} so I guess partial is da solution
[08:52] {Threei} it spikes, I ride on the balance,
[08:52] {Threei} it retreats, I re-buy sold half
[08:55] {Threei} now, ROYL gap I hate
[08:55] {magoo} he he,dcc quick
[08:56] {Threei} don't tell me you held it
[08:56] {Threei} I'll burst of envy
[09:01] {Threei} sold half at .74, +.20
[09:01] {Threei} 1.5K left
[09:01] {dptl} good morning all
[09:01] {Threei} dp :)
[09:05] {fernp} good morning all
[09:05] {Threei} fern :)
[09:07] {pita} gm everyone
[09:07] {Threei} pita :)
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:11] {Threei} everyone gets in fine via main server today?
[09:11] {patience} gm RT, and thank you Vad, logged in great this morning
[09:11] {Threei} :)
[09:11] {Threei} hopefully this issue is put to rest
[09:11] {dino} sell the gap, i just did w/ipi from yesterday +.55
[09:12] {Threei} keep that address for reserve one handy
[09:12] {dino} livermore- take the gift
[09:12] {Threei} really :)
[09:12] {Threei} wtg
[09:12] {dino} :)
[09:12] {Threei} as far as I can tell, relocation to new hosting went smoothly
[09:13] {magoo} whatr the f is big ben saying on cnbc?
[09:13] {Threei} but if you run into broken links, missing images etc, please let me know
[09:13] {dino} nothing really
[09:13] {_Kazaam} dollar reacted well
[09:13] {_Kazaam} good morning
[09:14] {Threei} morning kazaam
[09:14] {Threei} IMF'S STRAUSS-KAHN: IT IS TOO SOON TO TELL IF SUB-PRIME CRISIS HAS PASSED, BUT THE BIGGEST PART OF THE FINANCIAL CRISIS IS BEHIND US
- Sees a credit squeeze in Europe, not a credit crunch.
[09:14] {Threei} - Does not see any more oil price increases
[09:14] {Threei} what did ben say?
[09:16] {Threei} US) FED CHAIRMAN BERNANKE: CONFIDENT DOLLAR WILL REMAIN ''STRONG AND STABLE''
- Fed is attentive to implication for dollar slide, dollar has contributed to the inflation and inflation expectations
[09:16] {Threei} - Dollar slide has contributed to unwelcome rise in import prices and inflation
[09:16] {Threei} - Says will make policy to guard against risks to growth and inflation and commitment to dual mandate will be key to ensuring dollar remains a strong and stable currency
[09:16] {Threei} - Notes that until housing stabilizes growth risks will remain to the downside
[09:16] {Threei} - Financial markets have improved but conditions remain strained and credit generally tight, expects strengthening of capital and liquidity regulations and greater disclosure requirements
[09:16] {Threei} - Inflation is high but pass though of costs to labor and products has been limited
[09:17] {Threei} dual mandate?
[09:17] {Threei} this makes me uneasy
[09:17] {Threei} feds mandate was to control inflation
[09:17] {Threei} (and we all know what a great job they did, right?)
[09:18] {Threei} if they widen mandate to keep economy strong as well, I am afraid they might do just a good job in that direction as well
[09:18] {magoo} is he qualified..seriously?
[09:18] {Threei} for what?
[09:19] {Threei} movie rankings?
[09:20] {esemde} good morning...it worked Vad...the alternate log in....tks
[09:20] {Threei} ji ese
[09:20] {Threei} hi :)
[09:20] {Threei} but we fixed main server
[09:21] {esemde} ha ha ha ha.........too funny
[09:21] {Threei} sorry :)
[09:21] {Threei} but hey, keep that one handy
[09:21] {Threei} who knows what gets broken tomorrow
[09:22] {Threei} I have unquestionable ability to break all things technology
[09:23] {_osbo} hi
[09:23] {Threei} osbo :)
[09:24] {esemde} osbo...welcome
[09:24] {dino} to the jungle
[09:27] {Threei} USD up, oil down
[09:27] {Threei} what else can one want for breakfast
[09:29] {dino} 2 eggs, bacon, and home fries w/toast
[09:29] {Threei} well... eggs and bacon
[09:29] {Threei} :)
[09:29] {Threei} no fries for me
[09:29] {dino} actually having planters peanuts
[09:31] {magoo} MA news vad?
[09:32] {Threei} 08:26am [MA] Price Target raised to $367 from $312 at Stifel; Maintains buy rating
[09:32] {magoo} so drops 7?
[09:33] {Threei} ROYL... grr
[09:33] {Threei} it's just its natural volatility mags... consider it a downtick :)
[09:34] {magoo} ROYL 10 comith
[09:34] {Threei} 05:46am [AUXL] XIAFLEX meets primary endpoint with statistical significance in CORD I pivotal Phase III study for Dupuytren's Contracturw
[09:34] {Threei} not fresh
[09:35] {Threei} GEORGE SOROS REITERATES THAT RECENT PRICE RISE IN COMMODITIES HAVE SIGNS OF A BUBBLE
[09:35] {Threei} you don't say
[09:36] {esemde} any commodity in particular....OIL maybe?
[09:36] {Threei} LEH
[09:36] {Threei} looking for short entry
[09:37] {Threei} 32.90 breakdown level
[09:37] {Threei} I'd like closer to resistance though
[09:37] {Threei} aggrwessive entry around .35
[09:38] {Threei} first weakness from here
[09:40] {Threei} in, stop above .85
[09:40] {Threei} got .63
[09:42] {_rant} SEED ?
[09:42] {_rant} down 10%
[09:42] {Threei} forget it
[09:42] {Threei} bs stock
[09:42] {_rant} ok :)
[09:42] {Threei} stop to .76 LEH
[09:43] {Threei} half out
[09:43] {Threei} +.21
[09:43] {Threei} stop to .71
[09:44] {dino} mvsn?
[09:44] {Threei} nothing fresh
[09:45] {Threei} out balance LEH
[09:45] {Threei} not sure what it's going to do from here
[09:45] {Threei} chart becomes looking more like bounce
[09:46] {Threei} oh well
[09:46] {Threei} next
[09:47] {esemde} L GRMN 51.99 1/2 lot
[09:47] {dino} arex
[09:48] {esemde} grmn bouncing all over the place
[09:48] {Threei} can I have my LEH back?
[09:48] {Threei} ABC NEWS: IRAN SAYS TO PURSUE ATOMIC DRIVE DESPITE TRADE OFFER
[09:48] {esemde} out grmn .27
[09:49] {esemde} +.28
[09:49] {Threei} wtg
[09:49] {esemde} dangerous one that one
[09:50] {dino} mvsn sm l .45 ave
[09:50] {fernp} out JBL +.23
[09:50] {Threei} ACOR
[09:50] {Threei} .15 small shares long
[09:50] {Threei} if stays above .90
[09:51] {dino} kndl
[09:52] {dino} gj fernp
[09:52] {esemde} ACOR 1/2 lot .90 ...i'm with ya Vad
[09:52] {Threei} too aggressive
[09:52] {esemde} stopped Acor.......that was fast
[09:52] {esemde} yep
[09:53] {esemde} live and learn
[09:53] {Roman} 21 EMKR radar
[09:54] {Roman} 21 JRJCtaking small
[09:54] {Roman} 21 very risky, wide stop
[09:54] {Roman} 21 24.20
[09:55] {dino} kndl sm s .50 stop .84
[09:56] {magoo} aCOR invalidated vad?
[09:56] {Roman} 21 OMNI
[09:56] {Roman} 21 long off 6
[09:56] {Threei} of course
[09:56] {fernp} out S +.10 scalp is scalp
[09:58] {dino} gj
[09:58] {Threei} LEH, another short here with stop above 33.10
[09:59] {Roman} 21 EMKR long setup
[09:59] {Roman} 21 in
[10:00] {Roman} 21 8.14 1/2
[10:00] {Threei} APRIL FACTORY ORDERS: 1.1% V -0.1%E- prior revised from 1.3% to 1.5%
[10:00] {dino} all is well then
[10:00] {Threei} yup
[10:00] {Roman} 21 long WB
[10:01] {Roman} 21 22.85
[10:01] {Roman} 21 market recovery may help
[10:01] {fernp} out QQQQ +.15
[10:01] {dino} de sm l .50
[10:02] {Threei} new low LEH
[10:03] {Threei} half out .55
[10:03] {Roman} 21 out 1/2 OMNI +28
[10:03] {Threei} +.34
[10:03] {Threei} out in full
[10:03] {Threei} got .38 on exit
[10:03] {Threei} .89 - .38...
[10:04] {Threei} my math abilities are not too good
[10:04] {magoo} .68 vad
[10:04] {fernp} out 1/2 IPG +.10
[10:04] {Threei} wow... what a bounce
[10:05] {dino} kndl spread gonna get me
[10:05] {Threei} anyone did LEH?
[10:05] {magoo} missed it
[10:06] {Threei} QTWW, my little cutie
[10:06] {Roman} 21 out 1/2 WB +.25
[10:06] {Threei} nice Roman
[10:06] {pita} +.26 ty
[10:07] {Threei} on what pita?
[10:07] {pita} leh
[10:07] {Threei} :)
[10:07] {pita} sm shares only
[10:07] {Threei} yeah, thing is volatile
[10:07] {Roman} 21 long CPSL small
[10:07] {Roman} 21 5.53
[10:08] {Roman} 21 ctdc
[10:08] {Threei} but... remember Geo's trade when I called BSC short at 50?
[10:08] {Threei} his comment was "never saw that much money made on 100 shares" lol
[10:08] {Threei} btw, Geo on one month leave, asked to say hello to you
[10:09] {Threei} wow OMNI
[10:09] {Threei} hitting them just right Roman
[10:10] {Roman} 21 BCON
[10:11] {dino} out de .98, +.48
[10:12] {Chaeron} good morning everyone
[10:12] {Threei} chaeron :)
[10:13] {dino} mvsn stop to .49
[10:13] {dino} gm chaer
[10:14] {Chaeron} heya 3i, dino
[10:14] {Threei} remember we picked LEH as main short target for today vs MER?
[10:14] {Threei} look at both
[10:14] {Threei} LEH down over a buck
[10:14] {Threei} MER merely 30+cents
[10:14] {dino} sohu
[10:15] {dino} cgrb
[10:17] {dino} arex s .61 sm
[10:18] {Threei} dp, look dcc please
[10:18] {Threei} FEED holding well
[10:18] {Threei} .90 half lot long if stays above .75
[10:19] {dino} arex stopped .88 -.27
[10:20] {Threei} XIDE .41 long half lot
[10:22] {Threei} stop under .30
[10:23] {Threei} ese, look dcc please
[10:26] {Threei} ASIA
[10:26] {Threei} break of .20 long
[10:27] {Threei} stop under 14
[10:30] {Threei} HEARING STRENGTH ATTRIBUTED TO RUMOR THAT DRIV HAS DROPPED OUT OF CONFERENCE
[10:30] {Threei} huh?
[10:30] {Threei} someone is totally desperate wbout coming up with explanations
[10:31] {Threei} LEH is bottomless
[10:31] {Threei} asia
[10:31] {Threei} market pullback held it back, let's see is it ramps up with bounce
[10:32] {pita} in asia
[10:34] {Threei} OMNI new high... still in Roman?
[10:34] {Roman} 21 yes, still got 1/2
[10:35] {Threei} nice
[10:35] {Roman} 21 still in JRJC
[10:35] {Roman} 21 GEOI
[10:35] {Roman} 21 nothing
[10:36] {dptl} stopped xide
[10:36] {Roman} 21 COIN bouncing today
[10:39] {Threei} why did I ever bother to cover LEH?
[10:40] {dino} hrs sm l .42
[10:41] {judijim} hello everyone, good morning
[10:42] {Threei} jj :)
[10:42] {Chaeron} hijj
[10:43] {magoo} jj:)
[10:47] {fernp} ORCL
[10:51] {Threei} HILLARY CLINTON ACKNOWLEDGE TONIGHT THAT OBAMA HAS NOMINATION - SOURCES
[10:53] {fernp} out 1/2 ORCL +.20
[10:56] {Chaeron} watch Obama ask Clinton for VP slot... and I don't mean Hillary... :)
[10:57] {Threei} I can't find words powerful enough to express my awe and admiration for QTWW
[10:57] {Chaeron} geeesh... get a room...
[10:58] {Threei} you are just envious
[10:59] {Threei} of our great mutual love
[10:59] {fernp} out ORCL +.30
[10:59] {Threei} wtg
[10:59] {Threei} that was fine setup fern
[10:59] {Roman} 21 out remaining OMNI +.72
[10:59] {Threei} looked when you mentioned it
[11:00] {Chaeron} happy for you both... now can ASIA find some love?
[11:00] {Threei} that's simply indecent Roman
[11:00] {fernp} easy to read
[11:00] {Chaeron} Nice one Roman!
[11:00] {dino} gj
[11:00] {Threei} who makes 72 cents on $6 stock?
[11:01] {Roman} 21 thanks
[11:01] {dino} rfr does
[11:04] {Threei} FED CHAIRMAN BERNANKE: REMAINS SKEPTICAL OF THE ABILITY OF CENTRAL BANKS TO PRICK ASSET BUBBLES, NEED TO EXAMINE HOW CENTRAL BANKS RESPOND TO BUBBLES
- Banks can potentially use supervision, regulation to address asset bubbles, brokers, banks must be prepared for strains, it is necessary to ensure that all systemically important financial firms buffered against shocks, Fed direct interaction with banks is key to adequate oversight.
[11:04] {Threei} - Says that much of the USD drop since 2002 has been unwinding of past gain
[11:04] {Threei} this unwinding is part of the process of restoring the global trade balance.
[11:04] {Threei} - Weakening of the USD has had some inflationary impact, a modest commodity price impact.
[11:04] {Threei} - Supply and demand factors are the most important components of commodity prices.
[11:04] {Threei} - The rise in commodity prices are a major shock to inflation and consumer purchasing power
[11:11] {Roman} 21 out 1/2 CPSL +.30
[11:11] {Roman} 21 out JRJC -.31
[11:11] {Threei} finally
[11:11] {Threei} now we know Roman is human
[11:12] {Roman} 21 thanks, by the way, i love the video interview on your home page vad
[11:12] {Roman} 21 when was that taken?
[11:12] {Threei} in vegas
[11:12] {Threei} same year we met there
[11:12] {magoo} roman interwiew?
[11:13] {Threei} and you scared the heck out of me when almost strangled me as I tried to take your custard
[11:14] {Threei} no mags, mine
[11:15] {Threei} Roman's interview was scheduled but never posted... they thought "don't touch my custard if you want to see the light of the next day" was a bit too short
[11:16] {Roman} 21 :)
[11:16] {Threei} and he refused to talk about anything elose, saying "this is my only message to the world and future generations"
[11:16] {magoo} :)
[11:18] {Threei} jeez ASIA, what's your problem
[11:18] {Threei} go already
[11:19] {Threei} just so you know... roman's love for custard is exceeded or matched only by my love for bacon... and trying to take it from him is as risky as holding 10K of GOOG overnight
[11:19] {dino} you guys are making me hungry
[11:20] {esemde} signing off see you all tomorrow
[11:20] {Threei} take care ese
[11:20] {magoo} really..i have a lunch craving for a BLT sandwiche, xtra bacon
[11:20] {dino} cya es
[11:36] {Threei} S&P: LEH DOES NOT HAVE A CAPITAL ISSUE 'AT THIS TIME', UNDERSTAND LEH IS LOOKING TO RAISE MORE CAPITAL
[11:36] {Roman} 21 VLNC picking up some steam
[11:36] {Threei} yeah, looking at it for a few days, can't make up my mind about it
[11:37] {Threei} wow COIN
[11:37] {Threei} what's up
[11:37] {Roman} 21 just a bounce IMO
[11:37] {Threei} US TREASURY: BERNANKE AND PAULSON ARE COMMITTED TO POLICIES FOR PROPERLY FUNCTIONING MARKETS AND ECONOMY - SPOKESPERSON
[11:38] {dptl} nvtl?
[11:38] {Threei} oh good... I was afraid they were looking to implement improper policies
[11:38] {Threei} probably worth a try for scalp at .83, dp
[11:39] {dptl} ok ty
[11:42] {dino} gymb'
[11:44] {Threei} LEH
[11:44] {Threei} painsd me to say... but break of .50 priobably a long scalp
[11:48] {Threei} if holding above .35
[11:56] {Threei} 1;1
[11:56] {dino} dgly
[11:58] {Threei} anyone did LEH on break?
[11:59] {dptl} me +.19 ty
[11:59] {magoo} sorry to report..i missed all 3 of your LEH today
[11:59] {Threei} CLINTON CAMPAIGN CHAIRMAN DISPUTES REPORTS OF CLINTON CONCESSION OF DEMOCRATIC NOMINATION TUESDAY , NOTES RECENT REPORTS AS INCORRECT
[12:00] {Threei} PREVIEW: MAY US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
DRAFT
[12:00] {Threei} **consensus estimates:
[12:00] {Threei} - Ford: -17.5%e adjusted basis (usually released at Noon ET).
[12:00] {Threei} - GM: -23%e adjusted basis (usually released around 1:45pmET).
[12:00] {Threei} - May 2008 had 27 selling days, one more than May 2007. On an unadjusted basis, the estimates above would be higher by about 4%
[12:00] {Threei} is it ugly or what
[12:00] {dino} indeed
[12:01] {Threei} Ford
[12:01] {Threei} TOTAL VEHICLE SALES DOWN 16% FOR MAY, AFFIRMS Q2 AND Q3 PRODUCTION TARGETS
[12:07] {pita} later guys
[12:09] {Threei} take care pita
[12:11] {dino} plce
[12:22] {dino} mvsn out .82 +.37
[12:27] {Threei} LEH, same setup again
[12:27] {Threei} .50 break
[12:28] {magoo} if this is only one i try..it is certain to fail :(
[12:29] {dino} plce sm l .68
[12:34] {Chaeron} LEH has to hold .30?
[12:34] {Threei} .30 -.35 area
[12:34] {Chaeron} thx
[12:37] {Chaeron} in
[12:37] {Chaeron} .51
[12:39] {Threei} DAI REPORTS MERCEDES-BENZ CAR SALES UP 12% IN THE US IN MAY
[12:39] {Threei} NSANY REPORTS MAY US NISSAN AND INFINITI BRAND SALES UP 4.4%
[12:43] {Threei} don't you hate ACOR
[12:43] {Threei} no clean entry on either breakout or pullback
[12:50] {dino} stop/covkndl .69 -.19
[12:51] {Roman} 21 NCOC long
[12:51] {Roman} 21 small
[12:51] {Roman} 21 7.82
[12:55] {dptl} stopped leh
[12:55] {Threei} yeah
[12:56] {dino} plce stop to b/e
[12:58] {dptl} ah ....just can't win these days...taking a break
[12:58] {Threei} hmmm
[12:58] {Threei} 4 calls on LEH
[12:58] {Threei} 3 winners, 1 stop
[12:58] {dptl} only did 2
[12:58] {Threei} if that qualifies as "can't win"...
[12:58] {dptl} i did some other trades
[13:00] {dino} shake it off dp, we all go through slumps
[13:00] {dino} remember, good trading is not about being right, it's about trading right
[13:01] {dino} gymb taunting me
[13:01] {Chaeron} back... stopped on LEH - sorry Vad
[13:04] {magoo} [12:29] {magoo} if this is only one i try..it is certain to fail :(
[13:04] {Threei} yuo guys are full of optimism
[13:04] {Threei} I am leaving for Tibet cave
[13:04] {Threei} for 3 years
[13:05] {Threei} this is how long it's going to take to shake off this outlook
[13:06] {dino} hmmm (dino not in that group)
[13:06] {Threei} no
[13:06] {Threei} it's like you expect yourself to lose
[13:06] {dino} cme
[13:06] {Threei} ever seen anyone winning while being already resigned?
[13:07] {dino} i must agree w/you
[13:09] {Threei} CFTC: WITHDRAWING PROPOSALS TO BOOST SPECULATIVE LIMITS ON CERTAIN AGRICULTURAL FUTURES
- Notes it will ask for more information from swaps dealers and index traders.
[13:09] {Threei} - Planning a monthly publication of trader information regarding agricultural markets starting in July.
[13:10] {dino} good
[13:17] {dino} plce stop to .94
[13:19] {Threei} ABK CEO: FIRM HAS NO LIQUIDITY WORRIES - TV INTERVIEW
[13:19] {dino} to .08
[13:20] {dino} out .18 +.50
[13:20] {dino} abk sounds familiar, same speach in march
[13:21] {Threei} and same as BSC couple days before demise {G}
[13:22] {Threei} oil losing 125
[13:22] {dino} yes, leh similar too
[13:22] {Threei} UAUA moved a bit today
[13:23] {Threei} DAL too
[13:23] {Threei} and NWA
[13:23] {Threei} airlines benefit from oil dump
[13:24] {dino} going to need a much bigger oil dump for them to stay out of chapter 11
[13:24] {Threei} true
[13:24] {dino} where does cme bottom, -130+ points in a month
[13:25] {dino} to 350 strike perhaps
[13:25] {Threei} OBAMA GAINS THE DEMOCRATIC NOMINATION, ACCORDING TO AP DELEGATE COUNT
[13:26] {magoo} where i short it dino
[13:27] {dino} cme?
[13:29] {dino} my original call last week was 400, now 350 by expiration, but today, imo, the safer play is long after this 25 pt drop from 10:00 am
[13:32] {dino} hrs stopped -.42
[13:32] {Threei} what just happened?
[13:32] {Threei} I see no news for this dump
[13:33] {fernp} what had happened?
[13:33] {Roman} 21 maybe its the OBAMA NEWS
[13:34] {cosmo} they find obama?
[13:34] {cosmo} oops
[13:34] {Threei} wierd
[13:34] {Threei} it's not like it's an unexpected news
[13:35] {fernp} nothing in briefing.com
[13:35] {Threei} and it's not like he is already a president
[13:36] {dino} it's the obama/hillary ticket scaring the sh#t out of markets
[13:40] {dino} breaking yesterdays lod
[13:40] {dino} dji
[13:41] {Chaeron} was the market thinking that they were going to release the alledged Michelle tape and Hillary would get the nom?
[13:42] {_rant} 10:41] {_rant} what made the mkt tank
[13:42] {_rant} [10:41] {_rant} was away for 30 mins
[13:42] {_rant} [10:41] {_rant} and red everywhere
[13:42] {dino} market is thinking much higher taxes coming next year, capital gains to 28% for starters
[13:43] {Threei} our current guess is, Obama winning nimonation, rant
[13:43] {dino} of course, it could just all be magoos' fault
[13:43] {Chaeron} would we had rallied if Senator clinton won?
[13:44] {Threei} good question Chaeron
[13:45] {dino} either way, not market friendly imo
[13:46] {dino} but....obama showing weakness considering hillary. we know she would not have choosen him
[13:49] {Threei} I don't know what to make of this selloff
[13:49] {Threei} staying on a sideline
[13:49] {Roman} 21 6.2 quake shakes Solomon Isles; no tsunami warning issued - DJ
[13:49] {dino} waiting for ipi around 47.30s
[13:50] {Chaeron} I still think that he should ask Bill to be the VP... He'd accept, just out of ego, even in the face of his his wife losing the nom...and it would be a love fest for the party lol
[13:52] {dino} can he, constitutionally, be pres. again?
[13:52] {dino} vp could end up pres.
[13:55] {Threei} look at LEH
[13:56] {fernp} OIL and market falling
[13:56] {Threei} yes
[13:56] {Threei} HEARING NEGATIVE CHATTER CIRCULATING IN LEHMAN; CHATTER LEHMAN ACCESSING THE FED DISCOUNT WINDOW
[13:56] {Threei} uh oh
[13:56] {dino} bsc all over
[13:58] {fernp} Banking index -BKX- breaks under its 5-yr low
[13:59] {_rant} any read on WFR ?
[13:59] {_rant} its just dropping
[13:59] {Threei} no
[13:59] {Threei} stay away
[14:00] {Threei} in this market you can lose your shirt in a blink of eye
[14:00] {_rant} crap...already in
[14:00] {_rant} ya...
[14:00] {_rant} money evaporating...
[14:00] {Threei} in where, long, short?
[14:01] {_rant} long
[14:01] {_rant} at 65.5
[14:01] {_rant} sucks..
[14:01] {Threei} wow
[14:01] {Threei} why no stop??
[14:01] {_rant} dumb move..
[14:02] {_rant} now lickin my wounds
[14:02] {Threei} ok... trading without stops is surefire way to disaster
[14:02] {_rant} yes it is..
[14:02] {Threei} a lot of people checked it for themselves
[14:02] {Threei} why do you need to join them?
[14:03] {_rant} was getting stopped out..just to see it reverse
[14:04] {Threei} I don't understand
[14:04] {Threei} there is a stop level for any setup
[14:04] {Threei} it's hit, you are out
[14:05] {_rant} broke my own rule...deserve to lose money
[14:07] {Threei} IMO, this market selloff is LEH, not Obama
[14:07] {dino} agree, bit of panic in brokers
[14:07] {dino} but, let's blame the politicians anyway
[14:07] {Chaeron} LKEH shorted itself... they'll be fine
[14:07] {Chaeron} LEH
[14:08] {Threei} lol
[14:08] {Threei} I am really interested how it's going to unfold
[14:08] {dino} i bet you gs shorted them
[14:08] {Threei} they can't repeat BSC scenario
[14:08] {Roman} 21 Bush signs amended credit-card law to reduce retailer lawsuits - Bloomberg
[14:09] {Threei} and they say they can't let the big bank fail
[14:10] {Roman} 21 long WB
[14:10] {Roman} 21 small
[14:10] {Roman} 21 21.58
[14:11] {Roman} 21 out WB
[14:11] {Roman} 21 +.01
[14:13] {dino} lol
[14:14] {magoo} nice roman :)
[14:14] {Roman} 21 every penny counts
[14:14] {magoo} 10k shgares?
[14:14] {Roman} 21 2k
[14:14] {dino} y, just busting you
[14:16] {_Kazaam} are you guys seeing occasional $1 dollar and 50cent spikes on LEH? or is that just my data feed
[14:16] {Threei} not here
[14:17] {Threei} chart matches level 2 and T&S
[14:17] {_Kazaam} well, i guess you get what you pay for when you use Barcharts.com Ninja trader feed
[14:19] {_Kazaam} what broker would guys suggest for your style of trading? or for somebody just starting out in stocks?
[14:19] {dino} direct access
[14:20] {_Kazaam} mbtrading?
[14:20] {Chaeron} see the stuff on LASER on realitytrader home page?
[14:20] {_Kazaam} yes
[14:20] {Chaeron} wow... someone in this room that can read... :))
[14:20] {Threei} that would not be me
[14:20] {magoo} his spelling is good too
[14:20] {Chaeron} pfffft... you just write
[14:20] {Threei} yes
[14:21] {Threei} but I can't read what I write
[14:21] {_Kazaam} i never said i could read, LASER had pretty pictures
[14:21] {Threei} rofl
[14:21] {Chaeron} oh brother... you'll fit in here just fine :)
[14:21] {Chaeron} me stopped on ASIA.... took too dang long
[14:22] {Roman} 21 time to buy QQQQs
[14:22] {Roman} 21 bidding QQQQ 48.77
[14:22] {dptl} laser had pretty pictures ...lol.....you should see laser live it's like christmas every day
[14:23] {Roman} 21 long WB
[14:23] {Roman} 21 small, 21.10
[14:25] {Roman} 21 out WB
[14:25] {Roman} 21 +.15
[14:25] {Chaeron} nice scalp
[14:25] {Roman} 21 in QQQQs 48.73
[14:27] {Chaeron} got .72 here Roman... thank you
[14:27] {dino} gj
[14:27] {Roman} 21 please don't thank until we are out of position
[14:28] {Roman} 21 u are right vad LEH is partially responsible for the selloff
[14:28] {fernp} bad tick in LEH ?
[14:28] {fernp} low 22.85
[14:29] {Threei} I don't have it
[14:29] {Threei} 28.98 low here
[14:30] {dino} 22.85
[14:34] {dino} 8.95 tomorrow at open (memories)
[14:37] {Roman} 21 out QQQQ +.10
[14:38] {dino} ipi sm l .60
[14:39] {_rant} nice roman
[14:39] {_rant} u r pretty much in the zone
[14:39] {Chaeron} out .83 Roman +.11... now may I thank you?
[14:39] {Roman} 21 let me think about it
[14:39] {Chaeron} thanks any way
[14:39] {Roman} 21 yw
[14:43] {magoo} man..i got a lesson today on MA
[14:43] {magoo} never really knew it was that wild
[14:43] {Roman} 21 LEH decent bounce
[14:43] {Roman} 21 WB
[14:43] {Roman} 21 maybe get a scalp here
[14:44] {Roman} 21 21.42
[14:45] {Roman} 21 i'll pass
[14:51] {dptl} out +.20 wb ty Roman
[14:51] {Threei} I am getting my half of QTWW back here
[14:51] {Threei} very much looks like double bottom on intraday
[14:51] {Threei} and support from yesterday
[14:52] {dino} out ipi .00, +.40
[14:53] {dino} ok, gotta hop for 30 or so, accountant issues
[14:53] {_rant} entry vad ?
[14:54] {Threei} got .63
[14:54] {_rant} and all imp SL ?
[14:54] {Threei} hmm?
[14:54] {_rant} stop loss
[14:55] {Threei} well, it's a swing trade for me, from yesterday
[14:55] {Threei} my original entry was .64,
[14:55] {_rant} ah ok
[14:55] {Threei} sold half at .74 this morning,
[14:55] {Threei} got it back now at .63,
[14:55] {Threei} so I'd think .49 is my logical stop
[14:56] {Threei} for a new entry it's a different structure
[15:04] {Roman} 21 LEH Lehman Brothers denies speculation it accessed Fed borrowing window (31.72 -2.16) -Update-
[15:04] {Roman} 21 nice
[15:04] {Roman} 21 WB again
[15:05] {magoo} vasd, im 50 bux in the hole..find me a winner ..paaaaallllleeease
[15:06] {Chaeron} lol... I must buy twice as much as you magoo
[15:07] {Chaeron} maybe not a good time to bother Vad magoo... he's too busy pitching woo to QTWW
[15:07] {Threei} 50 bucks?
[15:07] {Threei} you could have already made it on that same QTWW
[15:09] {Threei} REPORTEDLY LEHMAN TREASURER DENIES SPECULATION THAT IT HAS ACCESSED FED BORROWING FACILITY; NOTES LAST TIME ACCESSED FACILITY WAS APRIL 16- Notes its liquidity position in Q2 is $40B vs $34B at end of Q1
[15:09] {magoo} coulda..shoulda...c'mon...get me something
[15:10] {Threei} I did... but you need to take me off ignore if you want to see my calls {G}
[15:10] {magoo} i know...
[15:10] {Threei} now, I know you enjoy clicking that Ignore button
[15:11] {magoo} i do..plus u ignore me so i feel like its revenge :)
[15:11] {Threei} but look at the price:
[15:11] {Threei} even if you took lousy 1000 shares of QTWW
[15:11] {Threei} at not the best price available, .65 let's say
[15:12] {Threei} you qwould have been up over 100 bucks already
[15:12] {Threei} which takes care of your pain and suffering
[15:12] {Threei} and even gets you in the black
[15:12] {Threei} sooo... sweet revenge or making money... chose wisely :)
[15:17] {magoo} somehow i feel..as while u type all this...u are not putting forth best effort for my next trade lol
[15:17] {Threei} no... I am not done tormenting you about previous one :)
[15:18] {magoo} and how can i put a price on sweet sweet revenge?
[15:18] {magoo} u, being a mean man of sort..can relate
[15:18] {Threei} me? I am warm and fuzzy
[15:20] {magoo} your so cold...i heard it was your original idea for the quebec ice hotel
[15:21] {Threei} actually, they killed it
[15:21] {Threei} I didn't mean to have blankets, fireplaces etc in it
[15:21] {Threei} it was meant to be just ice
[15:21] {magoo} ROFLOL
[15:21] {magoo} i have immediate family that went there
[15:21] {magoo} actually, they froze
[15:24] {Threei} market's fate is in LEH hands for the next few sessions
[15:24] {Threei} LEH goes the way of Dodo and BSC - market drops like there is no tomorrow
[15:25] {Threei} LEH proves to be honest when says "no problem" (give me a minute to laugh out loud) 0 market explodes tio the upside
[15:26] {_rant} worth going long on WB at 21.7 ?
[15:27] {Threei} Roman's baby... I don't have a grip on it
[15:28] {Threei} ROYL
[15:28] {magoo} alright, + 100 without u...IN YOUR FACE
[15:28] {Threei} hehe
[15:28] {magoo} revenge rules lol
[15:28] {Threei} on what?
[15:29] {magoo} rimm
[15:29] {magoo} old faithful
[15:29] {Threei} :)
[15:29] {magoo} .69 to .97
[15:29] {Threei} ROYL poullback closer to .50
[15:29] {Threei} risky scalp long
[15:29] {magoo} now..u trying to make me lose it????
[15:31] {Threei} don't chase
[15:31] {Threei} it's pullback or let it go
[15:33] {_rant} wot a reversal
[15:33] {_rant} dont know how to trade this crazy mkt
[15:34] {Threei} sit it out
[15:34] {Threei} no need to be in the middle of every battle
[15:34] {_rant} ya...
[15:34] {_rant} lucky WFR recovered
[15:34] {_rant} plain lucky
[15:34] {Threei} take a gift...
[15:34] {Threei} and swear never to do it again
[15:35] {_rant} how do u keep urself soo calm n focused
[15:35] {Threei} this kind of things will simply put you out of business
[15:35] {_rant} its amazin
[15:35] {magoo} hes a machine
[15:35] {Threei} I do it for 12 years... every day
[15:35] {_rant} i know
[15:35] {magoo} like hal in space odessy
[15:35] {magoo} mastrer computer running this room
[15:35] {_rant} traders are known to breakin their rules..
[15:35] {Threei} if I was taking it with such tension, I would have burnt out long ago
[15:38] {_rant} lot to learn from you !!
[15:38] {Threei} look at ROYL
[15:39] {Threei} see mags... I was trying to make you money... again
[15:39] {Threei} (all to no avail)
[15:39] {_rant} some ppl can retire with such trades..
[15:39] {Threei} good idea actually
[15:39] {_rant} :)
[15:41] {magoo} oh contrare monfrare
[15:41] {Threei} sheesh... I am not learnbing another language
[15:42] {magoo} in royl
[15:42] * Threei slaps magoo around a bit with a large trout
[15:43] {Threei} notice: I did it in calm and focused manner
[15:43] {magoo} OUT .18 LOL
[15:43] {magoo} ty
[15:43] {Threei} from?
[15:43] {magoo} .86
[15:43] {Threei} wtg
[15:43] {Threei} good way to finish the day
[15:44] {Threei} now...
[15:44] {Threei} looking at OMNI
[15:44] {Threei} it moved a bit with ROYL
[15:44] {magoo} whren u said do not chase..i figured hmm..he wants to hurt me ,..so i went in
[15:44] {Threei} lol
[15:44] {Chaeron} logical
[15:44] {Threei} at the moment pullback to .50 was best entry
[15:44] {magoo} cause watching a runner hurts
[15:45] {Threei} question is,
[15:45] {Threei} has OMNI a good chance to gap?
[15:45] {Threei} or LEH goes belly up overnight and all gaps are eliminated :)
[15:45] {magoo} not great day..but winn streak contuinues to day 6
[15:45] {Threei} not great eh?
[15:45] {magoo} in a tiough market for magoo
[15:45] {Threei} made money and whining
[15:45] {Threei} sigh
[15:45] {magoo} up 200
[15:46] {Threei} the nerve on some
[15:46] {magoo} id slap me
[15:46] {magoo} id=i'd
[15:47] {Threei} thus I won't
[15:47] {magoo} xcuse me..day 7
[15:47] {Threei} argh... that did it
[15:47] {magoo} if majke it out today alive
[15:47] * Threei slaps magoo around a bit with a large trout
[15:47] {Threei} alive yes, but this fishy smell...
[15:47] {Threei} OK, I'll take some OMNI I guess
[15:47] {Threei} risky
[15:48] {magoo} not 1..but 2 today...alls well
[15:51] {Threei} OMNI on the move
[15:52] {Threei} PPC
[15:52] {Threei} STATES COMPANY DOES NOT SHIP CHICKEN TO RUSSIA
[15:52] {Threei} lol
[15:52] {Threei} neither di I
[15:52] {Threei} but I don't run around posting headlinea about it
[15:52] {_Kazaam} lol
[15:52] {Threei} OMNI baby
[15:52] {Threei} half out
[15:52] {Threei} half for overnight
[15:53] {Threei} that was another 150 bucks for you mags
[15:53] {Threei} now... may I hope to be taken off ignore?
[15:53] {_rant} how do u spot breakouts ?
[15:54] {Threei} scanner
[15:54] {Threei} it spits them out like tennis ball machine
[15:54] {_rant} and scan for what kind of formula
[15:54] {Threei} not formula
[15:54] {Threei} chart fomration
[15:54] {Threei} formation
[15:55] {_Kazaam} are you using trade ideas?
[15:55] {Threei} our version of it
[15:55] {Threei} IntelliScan
[15:55] {Threei} has our setups built in
[15:56] {_rant} i use strategyDesk
[15:56] {Threei} including JBE and DBI, my setups for breakout/breakdown
[15:56] {_rant} jbe ?
[15:56] {Threei} OK... you need to read some of our matwerials :)
[15:56] {_rant} ya :0
[15:56] {Threei} techniques of tape Reading
[15:56] {Threei} The master profit plan
[15:56] {Threei} these two is a must
[15:57] {Threei} scalping video course IF you focus on intraday trading
[15:57] {Threei} I am ready to answer any questions, but you realize I can't retype whole book here :)
[15:58] {_rant} sure..will go through it..
[15:58] {Threei} btw
[15:58] {fernp} IMO video course also is a must
[15:58] {Threei} if after reading through the website you decide you need it, pay attention to best value offer
[15:59] {_rant} but wot i am not clear is, u still have to tell intelliscan software wot u r looking for
[15:59] {Threei} MPP, videocourse and online course, and psych CDs ASND two months of room on top
[15:59] {Threei} that's not even value... that's a steal
[15:59] {_rant} based on some conditions it will pop out some stocks..right
[15:59] {Threei} there are preconfigured strategies in it rant
[16:00] {Threei} can tweak them all you want,
[16:00] {Threei} or can use them as it is
[16:00] {_rant} i see
[16:00] {Threei} OK guys, gotta leave now
[16:00] {Chaeron} QTWW :)
[16:00] {Threei} have accountant appointment on corporate taxes
[16:00] {Threei} yes chaeron :)
[16:01] {Threei} thank you all
[16:01] {Chaeron} thanks Vad
[16:01] {fernp} TY vad
[16:01] {Threei} turned out a rather nice day
[16:01] {_rant} thanks vad
[16:01] {Threei} see you tomorrow
[16:01] {dptl} have a good evening all
[16:01] {_Kazaam} adios everybody
[16:03] {magoo} TY vad
[16:03] {magoo} thanx all
