Sep 03 2008
Session Time: Wed Sep 03 00:00:00 2008
[08:50] {Threei} Good morning
[08:50] {Threei} watching ABK
[08:51] {Threei} 09/02/08 04:41pm [ABK] Receives regulatory approval for Connie Lee capital contribution - formal release
[08:51] {Threei} 09/02/08 04:56pm [ABK] Releases selected monthly data for July 2008; July normal premiums earned $53.1M v $53.1M quarter to date
[08:52] {Threei} 8 is daily resistance
[08:52] {Threei} broken slightly earlier
[08:58] {tomg} good morning
[08:59] {fernp} Good morning all
[09:00] {Threei} tom, fern :)
[09:02] {cosmo} SIGA
[09:02] {Threei} [SIGA] SIGA Technologies, Inc Wins $55M US govt to Develop Broader Applications for its contract Lead Drug Candidate ST-246
[09:02] {Threei} hmmm
[09:03] {Threei} isn't it same 55 mil announced last week?
[09:03] {cosmo} i like st-357 ...personally
[09:04] {Threei} it's shortable
[09:04] {Threei} worth watching for a sell-the-news
[09:05] {cosmo} Briefing.com(Wed 8:01am)
[09:05] {Threei} 08/29/08 02:54pm [SIGA] SIGA Technologies, Inc Update: Reportedly awarded $55M contract from the NIH
[09:06] {cosmo} hmm
[09:06] {esemde} good morning....
[09:06] {Threei} ese :)
[09:10] {dptl} good morning all
[09:10] {Onix} good morning everybody
[09:11] {Threei} dp, onix :)
[09:15] {magoo} ygfhjh
[09:16] {Threei} kolting, mgortkle
[09:16] {cosmo} "
[09:16] {dino} gm all
[09:17] {dino} mdvn
[09:17] {Threei} dino :)
[09:19] {tomg} uaua vad?
[09:20] {Threei} mirrors USO still
[09:20] {Threei} not sure for now
[09:20] {Threei} I feel safer playing UAUA off sharp USO moves
[09:20] {tomg} ty
[09:20] {Threei} when UAUA gives that little delay for entry
[09:21] {Threei} those plays are almost infallible
[09:21] {dino} joyg beats and drops hard again
[09:21] {dino} frx strange, studies ok
[09:22] {pita} gm everyone
[09:22] {Threei} pita :)
[09:22] {Threei} yesterday'
[09:22] {Threei} s high is 4.13 for SIGA
[09:23] {Threei} want to see wtehter this development brings sustainable buying, or it's a one day wonder
[09:24] {cosmo} needs to hold 3.90 imo
[09:25] {cosmo} should hold 4 imho
[09:30] {Threei} wow
[09:30] {Threei} what was that on UAUA
[09:31] {magoo} getting nasty
[09:36] {Threei} COIN
[09:36] {Threei} pullback closer to 6 is for long entry
[09:38] {Threei} stock is volatile, buying .25 break is very risky
[09:38] {dino} 11330 target dji
[09:39] {Threei} if USO spikes sharply through 87.60, UAUA short under .70
[09:39] {Threei} with stop above .80
[09:40] {Threei} in .68
[09:40] {magoo} in .676
[09:41] {Threei} I guess we missed COIN
[09:41] {magoo} in .38
[09:41] {Threei} wow
[09:41] {Threei} that's a lot of chasing
[09:41] {Threei} if you wanted a break .30 was available
[09:41] {magoo} saw it beraking out
[09:42] {magoo} out .65
[09:42] {magoo} TY
[09:42] {Threei} welcome... gutsy :)
[09:43] {magoo} weird..magoo tajking a gutsy play
[09:43] {Threei} really
[09:44] {dino} v sm v wide, mdvn l .00
[09:45] {peterg} gm all
[09:45] {Threei} peter :)
[09:47] {Threei} finally UAUA
[09:47] {Threei} 1:1
[09:48] {Threei} ugh, we forgot to short SIGA
[09:51] {Threei} Short Setup: SIGA .70 half lot
[09:51] {GeoArb} gm
[09:51] {Threei} stop above .80
[09:51] {magoo} vad..look coin
[09:51] {Threei} Geo :)
[09:51] {magoo} just phoned me
[09:51] {Threei} I know
[09:51] {Threei} I gave it your phone number
[09:52] {magoo} ahhhhhh
[09:53] {Threei} Long Setup: JASO 17 break if stays above .90
[09:53] {Threei} wow
[09:53] {Threei} had bid to cover 3.56 on SIGA
[09:54] {Threei} got hit for 433 shares
[09:54] {Threei} 67 left
[09:55] {Threei} FED DOES NOT CONDUCT OPEN MARKET OPERATIONS AT THE USUAL TIME OF 9:30AM
[09:55] {Threei} why?
[09:55] {Threei} no need or no mopney?
[09:55] {patience} they took the day off?
[09:56] {magoo} in jaso
[09:56] {magoo} .99
[09:58] {magoo} sheesh, thats it'
[09:58] {Threei} hit 1:1, then market retreated a bit
[09:59] {Threei} recovers now
[09:59] {Threei} stop is still under .90
[09:59] {magoo} not complaining..just man o man..a scalpers mkt
[10:00] {GeoArb} *JULY FACTORY ORDERS: 1.3% V 1.0%E- prior revised from 1.7% to 2.1%
[10:00] {Threei} JULY FACTORY ORDERS: 1.3% V 1.0%E
[10:00] {Threei} - prior revised from 1.7% to 2.1%
[10:01] {Threei} let's scratch SIGA if hits .75
[10:01] {Threei} OK mags, second chance is coming
[10:02] {magoo} .31 area}?
[10:02] {Threei} why don't you partial
[10:02] {magoo} or 1:!?
[10:02] {Threei} and let it decide
[10:02] {Threei} half out, stop to .94
[10:02] {magoo} ok. ..out .12 half
[10:03] {esemde} NVDA possibly hit botom here....
[10:05] {Threei} VPHM
[10:05] {Threei} Long Setup: VPHM 15 break
[10:05] {Threei} 14.84 stop
[10:05] {dino} mdvn stop to .09
[10:07] {Threei} JASO doesn't retreat much with market this time
[10:07] {Threei} encouraging sign
[10:07] {esemde} vad ...do you bstop that at 15 or 15.01
[10:08] {Threei} 15.01, but will hit it if 15 scrolls fast
[10:08] {esemde} VPhm that is
[10:08] {Threei} I do it manually
[10:08] {esemde} tks
[10:08] {Threei} limit about 15.03
[10:09] {dino} out mdvn .09, +1.09
[10:09] {Threei} clicking when/if 15 melts down as if all global warming concetrated in this single stock
[10:10] {esemde} hmmmmm interesting analygy
[10:11] {esemde} write that book....global warming and stock trading
[10:11] {peterg} wtg dino
[10:11] {Threei} no worky second half JASO
[10:11] {magoo} stopped remainder JASO .89
[10:11] {Threei} beauty dino
[10:15] {Threei} OK, let's see if this market bounce takes VPHM through the resistance
[10:15] {magoo} vphm held well in that selloff
[10:15] {Threei} acts like salmon so far
[10:15] {Threei} yup
[10:15] {tomg} abk
[10:15] {Threei} and making 52 week highs while market is like this is impressive
[10:16] {magoo} wheres your exit?.13
[10:17] {Threei} am I going senile or what
[10:17] {Threei} commented on ABK
[10:17] {Threei} [08:52] {Threei} 8 is daily resistance
[10:17] {Threei} [08:52] {Threei} broken slightly earlier
[10:17] {Threei} and forgot to watch it for a break?
[10:17] {Threei} sigh
[10:22] {pita} what's with USO / UAUA ?
[10:22] {Threei} nothing happens there
[10:22] {Threei} both stalled
[10:23] {dino} thx peter
[10:23] {Onix} vphm?
[10:23] {Threei} ?
[10:24] {Threei} triggered
[10:24] {Threei} wow... now UAUA is moving sharply
[10:25] {Onix} in @ 15.01
[10:25] {Threei} didn't get advance lead from USO
[10:26] {Threei} PREVIEW: AUG US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
[10:26] {Threei} **consensus estimates:
[10:26] {Threei} - Ford: -21%e (usually released at Noon ET).
[10:26] {Threei} - GM: -29%e (usually released around 1:45pmET).
[10:32] {dino} watching pcln
[10:32] {Threei} VPHM stop to .89
[10:33] {Threei} I need my decoder ring for this
[10:34] {Threei} UBS'S WEIL: US MARKET IS NOT "A PLACE YOU CAN STAY AWAY FROM"
[10:34] {dino} or stay in
[10:34] {Threei} lol
[10:38] {dino} sm l mdvn .10
[10:43] {Threei} VPHM stop to .94
[10:43] {Threei} hit 1:1
[10:43] {Threei} time to trail the stop whether you partialled out or not
[10:49] {dino} pcln sm l .10
[10:55] {dino} v sm wide l rimm .00
[10:58] {Threei} CLNE got new portion of TV hype
[10:58] {Threei} trailing stop hit VPHM
[11:00] {Threei} sharp down USO
[11:01] {magoo} is the qqq correlated also to uso?
[11:01] {Threei} often
[11:01] {Threei} there are days when market is all about oil
[11:01] {Threei} then you see good correlation
[11:07] {magoo} sao let me bring it home...uso drops..qqqq pops...and aapl rocks
[11:07] {dino} not yesterday
[11:08] {Threei} unless it's a day when AAPL moves on its own, yes
[11:08] {Threei} yesterday market was just plain s3elling throughout the day
[11:09] {Threei} look at AAPL/RIMM divergency today
[11:09] {Threei} don't know what gives
[11:09] {dino} yeah w/oil/uso down multiple dollars
[11:10] {Threei} yup... even though oil went up on intraday, market weakness was not corresponding
[11:10] {Threei} as oil worries ease, market finds other things to worry about
[11:11] {Threei} and sheesh, are there such things
[11:22] {Threei} RIMM
[11:22] {Threei} watching for short
[11:22] {Threei} .50 trigger
[11:23] {Threei} look to cover under .30
[11:23] {Threei} stop above .70
[11:26] {Threei} no worky... 5 cents shy of target
[11:30] {Threei} ugh... shakeout
[11:31] {Chaeron} dang... that's just rude.... 'morning all
[11:31] {magoo} thats what i believe has been tough of late..seems there are more shakeouts than yrs before
[11:32] {Threei} hi chaeron
[11:34] {Threei} Nissan REPORTS AUG US VEHICLE SALES UP 14.2%
[11:35] {magoo} up???
[11:36] {Threei} can you believe it
[11:36] {Threei} awww RIMM
[11:36] {Threei} it IS rude
[11:38] {Threei} repeat of yesterday dino... oil is down, market goes down nonetheless
[11:38] {dino} y
[11:38] {magoo} yeah..pointer
[11:38] {Threei} TSX is getting killed again
[11:38] {dino} seems to me all we have is a wide trading range
[11:39] {Threei} well, if we repeat yesterday RIMM is going to be a two points bouncer later on
[11:39] {peterg} just say the word
[11:40] {Threei} waiting for now
[11:40] {peterg} right
[11:40] {Threei} rfemember how RIMM bottom formed yesterday?
[11:40] {Threei} wasn't a V type
[11:40] {magoo} double bottom
[11:40] {Threei} it stabilized for a while, then got upside momo
[11:40] {Threei} yes, formed double bottom
[11:41] {Threei} what's with URRE?
[11:42] {Threei} no news that I see
06[11:42] * Threei slaps laserdave1 around a bit with a large trout
06[11:42] * Chaeron slaps laserdave1 around a bit with a large trout
[11:42] {dino} problem is markets want to test the bottom of range 1800 ndx, 11330 dji
[11:42] {Threei} magoo??
[11:43] {dino} rimm was leader yesterday on the bounce
[11:43] {Threei} OK, one more pullback on RIMM{ bottoming not lower than .30,and break of .50
[11:43] {dino} afam hmmm
[11:43] {Threei} will be first attempt worth a try
[11:45] {Threei} just a scalp, not ready for a big bounce yet IMOout +.25
[11:46] {Threei} anyone got it?
[11:47] {magoo} vad, noyt even a minute between your calll, in out
[11:47] {magoo} no
[11:47] {peterg} in out for .12
[11:49] {magoo} just saying..if sleeping..tough to wake up..get bearings..look at pick..hit it..get out...and ty all in minute
[11:49] {Threei} lol
[11:49] {Threei} I assumed you had it on screen and watched it
[11:49] {magoo} yup
[11:49] {magoo} always
[11:50] {Threei} was sufficient time for entey then... wake up will ya
[11:50] {magoo} i think u shopuld play rimm aapl more...u read them well
[11:50] {Threei} well, it's not about read only
[11:50] {magoo} OY..here he goes
[11:50] {Threei} risk on those is beyond tolerance of many
[11:50] {Threei} don't want to focus strictly on this kind
[11:51] {Threei} I know you like bloody roast beef mags... but I cook for pasta fans too :)
[11:52] {Threei} anyone sees anything behind URRE move?
[11:52] {Threei} are we building nuclear reactors already all over NA?
[11:52] {Threei} sorry... nucular
[11:53] {magoo} uh vad...look to your right
[11:53] {magoo} u too chjaewr
[11:53] {magoo} chear
[11:54] {dino} ttwo
[11:54] {Chaeron} ?
[11:54] {magoo} sheesh
06[11:55] * magoo slaps laserdave1 around a bit with a large trout
[11:55] {Chaeron} [08:40] * Threei slaps laserdave1 around a bit with a large trout
[11:55] {Chaeron} [08:40] * Chaeron slaps laserdave1 around a bit with a large trout
[11:55] {Threei} jeez
[11:55] {Threei} he IS sleeping
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
[11:55] {Chaeron} not as bad as him getting me to look out my window......
[11:55] {laserdave1} o sorry was it magoo who slapped me?
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
[11:56] {Chaeron} great aim Dave...
[11:56] {laserdave1} ty
[11:56] {pita} later all
[11:56] {laserdave1} market crazy candle
[11:56] {Chaeron} bye pita
[11:56] {Threei} take care pita
[12:01] {Threei} F
[12:01] {Threei} REPORTS AUG VEHICLE SALES -26.6% V -21%E
[12:01] {Threei} - Cutting 2H North American production forecast
[12:02] {Threei} RIMM not making new low
[12:04] {Threei} OK... RIMM long with stop under .50
[12:04] {Threei} this time more than scalp
[12:05] {magoo} where u in? i .78
[12:05] {Threei} .76
[12:05] {Threei} immaterial difference
[12:06] {Threei} if holding above .50, should take 116 and try for 16.50
[12:06] {Threei} hope no shakeout this time
[12:06] {magoo} yeah
[12:06] {laserdave1} nice bid
[12:06] {magoo} thats roman
[12:07] {Threei} real too
[12:07] {Threei} takes sellers
[12:08] {Threei} come on, move
[12:08] {magoo} kickin it vad
[12:08] {Threei} hate it when it takes so long to jump while such bidder supports it
[12:10] {laserdave1} had to take it
[12:10] {laserdave1} thanks for trade Vadster
[12:10] {Threei} you sure you kicked right side magoo?
[12:10] {magoo} yeah
[12:10] {Threei} didn't work yet dave
[12:10] {Threei} market sharp downtick
[12:10] {Threei} grrr
[12:11] {magoo} ditto grr
[12:12] {peterg} again, stupidity prevails-bot, sold, ss, covered. little loss
[12:12] {Threei} hmm?
[12:12] {peterg} hit sell twice in exit
[12:12] {Threei} double clicking or what?
[12:12] {Threei} oh I see
[12:12] {peterg} yep
[12:13] {peterg} should wear gloves
[12:16] {dino} ttwo l sm .25
[12:18] {dino} afam sm l .50
[12:19] {dino} dji -3%+ since yesterday
[12:20] {Threei} next try is coming
[12:21] {Threei} break of .50 long
[12:21] {magoo} aapl too
[12:21] {Threei} stop under .30
[12:21] {Threei} don't play these stocks if not willing to take a few stops
[12:21] {Threei} idea is, small stops and hunting for a big bounce
[12:22] {magoo} small shares too vad{tell them}
[12:22] {Threei} lol... I believe it's a given on RIMM/AAPL
[12:23] {dino} smaller shares wider stops
[12:24] {Threei} OK... NQ has a feel of finding the bottom finally
[12:24] {Threei} let's see if this is the entry
[12:25] {Threei} also, AKAM .61 long if stays above .50
[12:26] {Threei} this one is just a scalp
[12:30] {magoo} rimm should go
[12:30] {laserdave1} 45$ big level on qqqq now
[12:31] {magoo} previous resistance?
[12:31] {laserdave1} well just whole numbers are always key
[12:32] {magoo} ah
[12:33] {laserdave1} ok Vad
[12:33] {laserdave1} im in akam
[12:33] {laserdave1} i like it
[12:33] {Threei} gosh, what are you, buying 50 shares of it? Buy 100K, provide us with exit
[12:33] {laserdave1} will hold .50 as stop
[12:34] {laserdave1} lol
[12:34] {laserdave1} sorry
[12:34] {laserdave1} i got 1000 at .61
[12:34] {laserdave1} and buying o more
[12:34] {magoo} he he..i just sold 1k at .61
[12:34] {Threei} lol
[12:34] {laserdave1} haha
[12:35] {peterg} kik it vad
[12:36] {magoo} trook aa[pl long .68
[12:36] {magoo} sm
[12:36] {Threei} need NQ to break 1830 to make these entries truly work
[12:37] {Threei} truly as in grant us something really meaningful, not just another scalp
[12:38] {magoo} wait aapl .31
[12:38] {laserdave1} qqqq .97 bid
[12:39] {Threei} OK NQ
[12:39] {Threei} don't stop now
[12:39] {Threei} bottom is in, just go
[12:40] {Threei} RIMM is not in a hurry to follow btw
[12:40] {Threei} not sure I am jazzed about it
[12:46] {laserdave1} akam shoud bounce here
[12:46] {laserdave1} i hope
[12:49] {Threei} RIMM gave up
[12:49] {magoo} out aapl flat
[12:52] {laserdave1} im long rimm
[12:52] {laserdave1} stop 115
[12:52] {Threei} something isn't right
[12:52] {laserdave1} ya tons of size there
[12:52] {laserdave1} so i will hit the 115
[12:53] {Threei} it wouldn't go with NQ, then dropped even though NQ merely downticked a little
[12:53] {laserdave1} not wait till its gone
[12:53] {Threei} made new low while market stays put
[12:53] {laserdave1} if it goes down i wont miss 115
[12:53] {laserdave1} only got n cuz so much size on that level
[12:53] {laserdave1} if anyone is in
[12:54] {laserdave1} be carefull cuz if that level goes can be nasty candle
[12:54] {laserdave1} sell order .44 in case of rip up
[12:55] {magoo} \dammit aapl
[13:02] {laserdave1} rimm stopped
[13:02] {laserdave1} watch out to downside if breaks .90
[13:05] {laserdave1} rimm u animal
[13:05] {laserdave1} just to stop me out
[13:06] {magoo} this mkt blowws
[13:07] {Threei} today I agree with you
[13:08] {laserdave1} qqqq back above 45$
[13:09] {laserdave1} lets see if we rally
[13:09] {laserdave1} im not calling that though
[13:09] {patience} tsx down -251...just about time to get back into agrium and potash
[13:09] {laserdave1} just watching
[13:13] {laserdave1} market getting stronger
[13:16] {Threei} can't really tell if we start recovery or it's just another bounce before further slide
[13:18] {Threei} ABK is trying to pick up pace again
[13:20] {Threei} setup would be 8.85 long if stays above .70
[13:20] {Threei} withh aggressive entry if market spikes
[13:22] {Threei} US PRES BUSH: OIL WILL BE RELEASED FROM STRATEGIC PETROLEUM RESERVE UPON REQUEST
[13:22] {Threei} {USO}
[13:22] {magoo} request of whom?
[13:23] {dino} me
[13:23] {magoo} i request it to be delivered to my home
[13:23] {Threei} all of it?
[13:24] {Threei} sheik magoo they called him
[13:24] {dino} classic politician, buy it/fill it higher, release it when oil is 1/3 lower. and just think they run the tax system
[13:24] {Threei} lol
[13:25] {Threei} oil spike
[13:25] {dino} seriously, if they had any brains, they would do the reverse and for once make some $ on it
[13:25] {Threei} new low RIMM
[13:26] {Threei} glad I didn't trust the bounce
[13:26] {dino} wow joyg, i'd hate to see what would happen if they lowered guidance
[13:26] {Threei} no kidding
[13:26] {Threei} what a haircut
[13:27] {Threei} IMF'S LIPSKY REPORTEDLY SEES A POSSIBILITY THAT GLOBAL GROWTH MAY MISS THE IMF FORECAST OF 4.1% FOR 2008
[13:27] {Threei} who is growing?
[13:27] {Threei} every country is complaining of recession
[13:33] {laserdave1} RIMM
[13:33] {laserdave1} what a rip
[13:33] {laserdave1} no rhyme or reason
[13:33] {Threei} no
[13:33] {Threei} wasteland of a day
[13:33] {GeoArb} what I am killing it here
[13:34] {Threei} good for you
[13:34] {GeoArb} (killing time )
[13:34] {Threei} ah
[13:34] {GeoArb} heheheh
[13:34] {Threei} first red day since vacation for me
[13:34] {GeoArb} one trade rimm +2
[13:34] {GeoArb} 2 USD I mean
[13:34] {peterg} nice
[13:34] {peterg} I am very advanced; I have no envy
[13:34] {GeoArb} not 2 usd per share
[13:34] {GeoArb} 2 USD period
[13:35] {dino} lol
[13:35] {peterg} got it
[13:36] {GeoArb} i just came back late last night from vegas
[13:37] {GeoArb} took my mom.... and now she wants to buy a house there and watch the bellagio fountain every evening.... (after loosing all her money in bingo_)
[13:38] {Threei} tape those fountains for her
[13:38] {GeoArb} prabably cheaper
[13:38] {Threei} add volcano explosion for good measure
[13:38] {GeoArb} came home n less than 4 hours .... roads are empty
[13:39] {GeoArb} vegas looked empty
[14:00] {Threei} FED'S BEIGE BOOK: US ECONOMIC ACTIVITY HAS BEEN SLOW, RESIDENTIAL PROPERTY IS SOFT
[14:00] {Threei} - Sees moderate price pressures at employment slows, all districts see price pressures
[14:00] {Threei} - Sees export slowdowns in some districts, concentration on purchases of staples
[14:01] {Threei} and market drops on that?
[14:03] {Threei} Ukraine goes right ahead for Georgia fate
[14:04] {Threei} Russian soldiers have already been busy handing out passports to Crimeans to bolster the numbers of Russian "citizens" who might conveniently require Moscow's protection should Russia genuinely fear for the future of its Sevastopol base.
[14:05] {Threei} what the heck is happening today
[14:05] {Threei} do you see these spikes up and down?
[14:06] {dino} it's called the "efficient" market,............not
[14:07] {dino} dji green
[14:07] {Threei} and of course each of those spikes is driven but change in fundamentals
[14:07] {Threei} they are known for changing dramatically in a course of minutes
[14:08] {Threei} but = by
[14:09] {dino} josb
[14:09] {Threei} GM SALES ANALYST: SEEING SIGNS THAT THE US ECONOMY REGAINING TRACTION WITH HOUSING MARKET NEAR A BOTTOM - CONF CALL
[14:14] {Threei} lol, these constant readjustments... summer trading was unusually good,
[14:14] {Threei} now that we are out of it, gotta re-train myself
[14:30] {Threei} ABK is likely ot head for day high
[14:30] {Threei} entry point is toughie
[14:35] {Threei} anyone managed to find an entry?
[14:36] {hawkfan4} .85
[14:36] {Threei} partialling?
[14:37] {Threei} scalping?
[14:37] {Threei} sleeping?
[14:37] {hawkfan4} 1/2 out .98
[14:37] {Threei} OK :)
[14:47] {hawkfan4} b/e stop for the rest, thx
[14:56] {magoo} VAAAAAAADDDDDDDDDDDDDDDDD
[14:57] {Threei} yyeeessss?
[14:57] {magoo} wheres the bounce play?
[14:57] {magoo} 3 pm bounce
[14:57] {Threei} don't know about bounce,
[14:58] {Threei} but intyerested in URRE
[14:58] {hawkfan4} 12:58 URRE Uranium Resources: Color on stock strength (3.26 +1.08)
[14:58] {hawkfan4} URRE is trading up over 40% following Bloomberg report that Uranium Resources is sitting on as much as $7 bln worth of the radioactive mineral and may become a takeover target after the shares plunged 83% this year, along with the fuel's price.
[14:58] {Threei} maybe for overnight hold
[14:58] {Threei} ty hawk
[14:58] {hawkfan4} np, forgot to post it earlier
[14:58] {Threei} this move feels like most likely getting continuation tomorrow
[14:58] {Threei} or at least gap
06[14:59] * magoo slaps Threei around a bit with a large trout
06[14:59] * Chaeron slaps Threei around a bit with a large trout
[14:59] {magoo} dave??
[14:59] {magoo} u up
[15:00] {Threei} hmm
[15:00] {magoo} oh no
[15:01] {magoo} RIMM bottomless
[15:01] {Threei} yup
[15:01] {Threei} told you something wasn't right about it
[15:07] {Threei} so far it doesn't look like 3 pm is going to bring bounce
[15:07] {Threei} breakdown is more like it
[15:17] {_csepulve33} hi everyone
[15:17] {Threei} good affternoon
[15:18] {Threei} watching as URRE trades, more and more convinced it has legs
[15:25] {magoo} u in??
[15:25] {Threei} still watching
[15:26] {Threei} see, it's very possibly an overnight hold
[15:26] {Threei} so don't want rto get in too early
[15:26] {Threei} but obviously running a risk to miss
[15:26] {Threei} maybe half lot
[15:26] {Threei} with idea to add another half in case it drops
[15:27] {Threei} OK, will get half lot at .35 it getting hit or on pullback under 3.20
[15:28] {Threei} VVUS interesting strength
[15:28] {Threei} no clear play
[15:31] {dino} mdvn stopped
[15:33] {Threei} CHRYSLER REPORTS AUG SALES -34% TO 110K UNITS
06[15:34] * magoo slaps patience around a bit with a large trout
[15:34] {patience} why?
[15:34] {magoo} warming up
[15:35] {Threei} great... VVUS up 20 cents from my comment, and I still haven't found a play on it
[15:36] {dino} fpic
[15:37] {magoo} big up day tomorrow coming
[15:37] {magoo} u heard it here firsdt...realitytrader.com/magoostradamous
06[15:38] * Threei buys everything
[15:39] {laserdave1} market is crazy
[15:40] {Threei} SYK
[15:40] {Threei} US GOVT. IS REPORTEDLY INVESTIGATING COMPANY OVER ALLEGED ILLEGAL PAYMENTS TO DOCTORS
[15:41] {magoo} u don't have to yell:()
[15:43] {dptl} have a good evening all
[15:43] {Threei} take care dp
[15:43] {magoo} bye dp
[15:46] {Threei} no news VVUS
[15:48] {Threei} taking my first half lot URRE
[15:49] {magoo} after bell exit or overnite?
[15:49] {Threei} if moves today, fine
[15:49] {Threei} if not, overnight
[15:49] {magoo} i no like overnite
[15:50] {Threei} neither do I
[15:50] {magoo} u seem to do it often {as i run for cover}
[15:50] {Threei} not very often
[15:50] {Threei} some cases deserve a shot
[15:50] {magoo} u gonna get a shot he he
[15:52] {dino} i could use a shot
[15:54] {Threei} T. BOONE PICKENS: OIL PRICE WILL GO ABOVE $150/BBL THIS YEAR
[15:54] {Threei} sigh
[15:55] {peterg} boonie sez that for a reason.
[15:55] {peterg} his new book out, his windmills--he still loves that oil
[15:56] {peterg} the first billion is the hardest
[15:56] {peterg} title
[15:56] {Threei} poor guy
[15:56] {peterg} yep
[15:58] {Threei} sheesh VVUS :(
06[15:58] * magoo slaps Threei around a bit with a large trout
06[15:58] * Threei slaps magoo around a bit with a large trout
[15:58] {Threei} OK guys, thank you all
[15:58] {magoo} why?
[15:58] {Threei} have a good evening, see you tomorrrow
[15:58] {magoo} u 2 boss
[15:58] {Threei} why what?
[15:59] {magoo} why slap?
[15:59] {Threei} oh
[15:59] {peterg} why not gnite
[15:59] {Threei} because I believe in reciprocation, and reciprocator's gotta do what reciprocator's gotta do
[15:59] {magoo} oh
[16:00] {dino} ttwo out -.06
[08:50] {Threei} Good morning
[08:50] {Threei} watching ABK
[08:51] {Threei} 09/02/08 04:41pm [ABK] Receives regulatory approval for Connie Lee capital contribution - formal release
[08:51] {Threei} 09/02/08 04:56pm [ABK] Releases selected monthly data for July 2008; July normal premiums earned $53.1M v $53.1M quarter to date
[08:52] {Threei} 8 is daily resistance
[08:52] {Threei} broken slightly earlier
[08:58] {tomg} good morning
[08:59] {fernp} Good morning all
[09:00] {Threei} tom, fern :)
[09:02] {cosmo} SIGA
[09:02] {Threei} [SIGA] SIGA Technologies, Inc Wins $55M US govt to Develop Broader Applications for its contract Lead Drug Candidate ST-246
[09:02] {Threei} hmmm
[09:03] {Threei} isn't it same 55 mil announced last week?
[09:03] {cosmo} i like st-357 ...personally
[09:04] {Threei} it's shortable
[09:04] {Threei} worth watching for a sell-the-news
[09:05] {cosmo} Briefing.com(Wed 8:01am)
[09:05] {Threei} 08/29/08 02:54pm [SIGA] SIGA Technologies, Inc Update: Reportedly awarded $55M contract from the NIH
[09:06] {cosmo} hmm
[09:06] {esemde} good morning....
[09:06] {Threei} ese :)
[09:10] {dptl} good morning all
[09:10] {Onix} good morning everybody
[09:11] {Threei} dp, onix :)
[09:15] {magoo} ygfhjh
[09:16] {Threei} kolting, mgortkle
[09:16] {cosmo} "
[09:16] {dino} gm all
[09:17] {dino} mdvn
[09:17] {Threei} dino :)
[09:19] {tomg} uaua vad?
[09:20] {Threei} mirrors USO still
[09:20] {Threei} not sure for now
[09:20] {Threei} I feel safer playing UAUA off sharp USO moves
[09:20] {tomg} ty
[09:20] {Threei} when UAUA gives that little delay for entry
[09:21] {Threei} those plays are almost infallible
[09:21] {dino} joyg beats and drops hard again
[09:21] {dino} frx strange, studies ok
[09:22] {pita} gm everyone
[09:22] {Threei} pita :)
[09:22] {Threei} yesterday'
[09:22] {Threei} s high is 4.13 for SIGA
[09:23] {Threei} want to see wtehter this development brings sustainable buying, or it's a one day wonder
[09:24] {cosmo} needs to hold 3.90 imo
[09:25] {cosmo} should hold 4 imho
[09:30] {Threei} wow
[09:30] {Threei} what was that on UAUA
[09:31] {magoo} getting nasty
[09:36] {Threei} COIN
[09:36] {Threei} pullback closer to 6 is for long entry
[09:38] {Threei} stock is volatile, buying .25 break is very risky
[09:38] {dino} 11330 target dji
[09:39] {Threei} if USO spikes sharply through 87.60, UAUA short under .70
[09:39] {Threei} with stop above .80
[09:40] {Threei} in .68
[09:40] {magoo} in .676
[09:41] {Threei} I guess we missed COIN
[09:41] {magoo} in .38
[09:41] {Threei} wow
[09:41] {Threei} that's a lot of chasing
[09:41] {Threei} if you wanted a break .30 was available
[09:41] {magoo} saw it beraking out
[09:42] {magoo} out .65
[09:42] {magoo} TY
[09:42] {Threei} welcome... gutsy :)
[09:43] {magoo} weird..magoo tajking a gutsy play
[09:43] {Threei} really
[09:44] {dino} v sm v wide, mdvn l .00
[09:45] {peterg} gm all
[09:45] {Threei} peter :)
[09:47] {Threei} finally UAUA
[09:47] {Threei} 1:1
[09:48] {Threei} ugh, we forgot to short SIGA
[09:51] {Threei} Short Setup: SIGA .70 half lot
[09:51] {GeoArb} gm
[09:51] {Threei} stop above .80
[09:51] {magoo} vad..look coin
[09:51] {Threei} Geo :)
[09:51] {magoo} just phoned me
[09:51] {Threei} I know
[09:51] {Threei} I gave it your phone number
[09:52] {magoo} ahhhhhh
[09:53] {Threei} Long Setup: JASO 17 break if stays above .90
[09:53] {Threei} wow
[09:53] {Threei} had bid to cover 3.56 on SIGA
[09:54] {Threei} got hit for 433 shares
[09:54] {Threei} 67 left
[09:55] {Threei} FED DOES NOT CONDUCT OPEN MARKET OPERATIONS AT THE USUAL TIME OF 9:30AM
[09:55] {Threei} why?
[09:55] {Threei} no need or no mopney?
[09:55] {patience} they took the day off?
[09:56] {magoo} in jaso
[09:56] {magoo} .99
[09:58] {magoo} sheesh, thats it'
[09:58] {Threei} hit 1:1, then market retreated a bit
[09:59] {Threei} recovers now
[09:59] {Threei} stop is still under .90
[09:59] {magoo} not complaining..just man o man..a scalpers mkt
[10:00] {GeoArb} *JULY FACTORY ORDERS: 1.3% V 1.0%E- prior revised from 1.7% to 2.1%
[10:00] {Threei} JULY FACTORY ORDERS: 1.3% V 1.0%E
[10:00] {Threei} - prior revised from 1.7% to 2.1%
[10:01] {Threei} let's scratch SIGA if hits .75
[10:01] {Threei} OK mags, second chance is coming
[10:02] {magoo} .31 area}?
[10:02] {Threei} why don't you partial
[10:02] {magoo} or 1:!?
[10:02] {Threei} and let it decide
[10:02] {Threei} half out, stop to .94
[10:02] {magoo} ok. ..out .12 half
[10:03] {esemde} NVDA possibly hit botom here....
[10:05] {Threei} VPHM
[10:05] {Threei} Long Setup: VPHM 15 break
[10:05] {Threei} 14.84 stop
[10:05] {dino} mdvn stop to .09
[10:07] {Threei} JASO doesn't retreat much with market this time
[10:07] {Threei} encouraging sign
[10:07] {esemde} vad ...do you bstop that at 15 or 15.01
[10:08] {Threei} 15.01, but will hit it if 15 scrolls fast
[10:08] {esemde} VPhm that is
[10:08] {Threei} I do it manually
[10:08] {esemde} tks
[10:08] {Threei} limit about 15.03
[10:09] {dino} out mdvn .09, +1.09
[10:09] {Threei} clicking when/if 15 melts down as if all global warming concetrated in this single stock
[10:10] {esemde} hmmmmm interesting analygy
[10:11] {esemde} write that book....global warming and stock trading
[10:11] {peterg} wtg dino
[10:11] {Threei} no worky second half JASO
[10:11] {magoo} stopped remainder JASO .89
[10:11] {Threei} beauty dino
[10:15] {Threei} OK, let's see if this market bounce takes VPHM through the resistance
[10:15] {magoo} vphm held well in that selloff
[10:15] {Threei} acts like salmon so far
[10:15] {Threei} yup
[10:15] {tomg} abk
[10:15] {Threei} and making 52 week highs while market is like this is impressive
[10:16] {magoo} wheres your exit?.13
[10:17] {Threei} am I going senile or what
[10:17] {Threei} commented on ABK
[10:17] {Threei} [08:52] {Threei} 8 is daily resistance
[10:17] {Threei} [08:52] {Threei} broken slightly earlier
[10:17] {Threei} and forgot to watch it for a break?
[10:17] {Threei} sigh
[10:22] {pita} what's with USO / UAUA ?
[10:22] {Threei} nothing happens there
[10:22] {Threei} both stalled
[10:23] {dino} thx peter
[10:23] {Onix} vphm?
[10:23] {Threei} ?
[10:24] {Threei} triggered
[10:24] {Threei} wow... now UAUA is moving sharply
[10:25] {Onix} in @ 15.01
[10:25] {Threei} didn't get advance lead from USO
[10:26] {Threei} PREVIEW: AUG US VEHICLE SALES NUMBERS EXPECTED THROUGHOUT THE DAY FROM MAJOR AUTO MAKERS
[10:26] {Threei} **consensus estimates:
[10:26] {Threei} - Ford: -21%e (usually released at Noon ET).
[10:26] {Threei} - GM: -29%e (usually released around 1:45pmET).
[10:32] {dino} watching pcln
[10:32] {Threei} VPHM stop to .89
[10:33] {Threei} I need my decoder ring for this
[10:34] {Threei} UBS'S WEIL: US MARKET IS NOT "A PLACE YOU CAN STAY AWAY FROM"
[10:34] {dino} or stay in
[10:34] {Threei} lol
[10:38] {dino} sm l mdvn .10
[10:43] {Threei} VPHM stop to .94
[10:43] {Threei} hit 1:1
[10:43] {Threei} time to trail the stop whether you partialled out or not
[10:49] {dino} pcln sm l .10
[10:55] {dino} v sm wide l rimm .00
[10:58] {Threei} CLNE got new portion of TV hype
[10:58] {Threei} trailing stop hit VPHM
[11:00] {Threei} sharp down USO
[11:01] {magoo} is the qqq correlated also to uso?
[11:01] {Threei} often
[11:01] {Threei} there are days when market is all about oil
[11:01] {Threei} then you see good correlation
[11:07] {magoo} sao let me bring it home...uso drops..qqqq pops...and aapl rocks
[11:07] {dino} not yesterday
[11:08] {Threei} unless it's a day when AAPL moves on its own, yes
[11:08] {Threei} yesterday market was just plain s3elling throughout the day
[11:09] {Threei} look at AAPL/RIMM divergency today
[11:09] {Threei} don't know what gives
[11:09] {dino} yeah w/oil/uso down multiple dollars
[11:10] {Threei} yup... even though oil went up on intraday, market weakness was not corresponding
[11:10] {Threei} as oil worries ease, market finds other things to worry about
[11:11] {Threei} and sheesh, are there such things
[11:22] {Threei} RIMM
[11:22] {Threei} watching for short
[11:22] {Threei} .50 trigger
[11:23] {Threei} look to cover under .30
[11:23] {Threei} stop above .70
[11:26] {Threei} no worky... 5 cents shy of target
[11:30] {Threei} ugh... shakeout
[11:31] {Chaeron} dang... that's just rude.... 'morning all
[11:31] {magoo} thats what i believe has been tough of late..seems there are more shakeouts than yrs before
[11:32] {Threei} hi chaeron
[11:34] {Threei} Nissan REPORTS AUG US VEHICLE SALES UP 14.2%
[11:35] {magoo} up???
[11:36] {Threei} can you believe it
[11:36] {Threei} awww RIMM
[11:36] {Threei} it IS rude
[11:38] {Threei} repeat of yesterday dino... oil is down, market goes down nonetheless
[11:38] {dino} y
[11:38] {magoo} yeah..pointer
[11:38] {Threei} TSX is getting killed again
[11:38] {dino} seems to me all we have is a wide trading range
[11:39] {Threei} well, if we repeat yesterday RIMM is going to be a two points bouncer later on
[11:39] {peterg} just say the word
[11:40] {Threei} waiting for now
[11:40] {peterg} right
[11:40] {Threei} rfemember how RIMM bottom formed yesterday?
[11:40] {Threei} wasn't a V type
[11:40] {magoo} double bottom
[11:40] {Threei} it stabilized for a while, then got upside momo
[11:40] {Threei} yes, formed double bottom
[11:41] {Threei} what's with URRE?
[11:42] {Threei} no news that I see
06[11:42] * Threei slaps laserdave1 around a bit with a large trout
06[11:42] * Chaeron slaps laserdave1 around a bit with a large trout
[11:42] {dino} problem is markets want to test the bottom of range 1800 ndx, 11330 dji
[11:42] {Threei} magoo??
[11:43] {dino} rimm was leader yesterday on the bounce
[11:43] {Threei} OK, one more pullback on RIMM{ bottoming not lower than .30,and break of .50
[11:43] {dino} afam hmmm
[11:43] {Threei} will be first attempt worth a try
[11:45] {Threei} just a scalp, not ready for a big bounce yet IMOout +.25
[11:46] {Threei} anyone got it?
[11:47] {magoo} vad, noyt even a minute between your calll, in out
[11:47] {magoo} no
[11:47] {peterg} in out for .12
[11:49] {magoo} just saying..if sleeping..tough to wake up..get bearings..look at pick..hit it..get out...and ty all in minute
[11:49] {Threei} lol
[11:49] {Threei} I assumed you had it on screen and watched it
[11:49] {magoo} yup
[11:49] {magoo} always
[11:50] {Threei} was sufficient time for entey then... wake up will ya
[11:50] {magoo} i think u shopuld play rimm aapl more...u read them well
[11:50] {Threei} well, it's not about read only
[11:50] {magoo} OY..here he goes
[11:50] {Threei} risk on those is beyond tolerance of many
[11:50] {Threei} don't want to focus strictly on this kind
[11:51] {Threei} I know you like bloody roast beef mags... but I cook for pasta fans too :)
[11:52] {Threei} anyone sees anything behind URRE move?
[11:52] {Threei} are we building nuclear reactors already all over NA?
[11:52] {Threei} sorry... nucular
[11:53] {magoo} uh vad...look to your right
[11:53] {magoo} u too chjaewr
[11:53] {magoo} chear
[11:54] {dino} ttwo
[11:54] {Chaeron} ?
[11:54] {magoo} sheesh
06[11:55] * magoo slaps laserdave1 around a bit with a large trout
[11:55] {Chaeron} [08:40] * Threei slaps laserdave1 around a bit with a large trout
[11:55] {Chaeron} [08:40] * Chaeron slaps laserdave1 around a bit with a large trout
[11:55] {Threei} jeez
[11:55] {Threei} he IS sleeping
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
[11:55] {Chaeron} not as bad as him getting me to look out my window......
[11:55] {laserdave1} o sorry was it magoo who slapped me?
06[11:55] * laserdave1 slaps Threei around a bit with a large trout
[11:56] {Chaeron} great aim Dave...
[11:56] {laserdave1} ty
[11:56] {pita} later all
[11:56] {laserdave1} market crazy candle
[11:56] {Chaeron} bye pita
[11:56] {Threei} take care pita
[12:01] {Threei} F
[12:01] {Threei} REPORTS AUG VEHICLE SALES -26.6% V -21%E
[12:01] {Threei} - Cutting 2H North American production forecast
[12:02] {Threei} RIMM not making new low
[12:04] {Threei} OK... RIMM long with stop under .50
[12:04] {Threei} this time more than scalp
[12:05] {magoo} where u in? i .78
[12:05] {Threei} .76
[12:05] {Threei} immaterial difference
[12:06] {Threei} if holding above .50, should take 116 and try for 16.50
[12:06] {Threei} hope no shakeout this time
[12:06] {magoo} yeah
[12:06] {laserdave1} nice bid
[12:06] {magoo} thats roman
[12:07] {Threei} real too
[12:07] {Threei} takes sellers
[12:08] {Threei} come on, move
[12:08] {magoo} kickin it vad
[12:08] {Threei} hate it when it takes so long to jump while such bidder supports it
[12:10] {laserdave1} had to take it
[12:10] {laserdave1} thanks for trade Vadster
[12:10] {Threei} you sure you kicked right side magoo?
[12:10] {magoo} yeah
[12:10] {Threei} didn't work yet dave
[12:10] {Threei} market sharp downtick
[12:10] {Threei} grrr
[12:11] {magoo} ditto grr
[12:12] {peterg} again, stupidity prevails-bot, sold, ss, covered. little loss
[12:12] {Threei} hmm?
[12:12] {peterg} hit sell twice in exit
[12:12] {Threei} double clicking or what?
[12:12] {Threei} oh I see
[12:12] {peterg} yep
[12:13] {peterg} should wear gloves
[12:16] {dino} ttwo l sm .25
[12:18] {dino} afam sm l .50
[12:19] {dino} dji -3%+ since yesterday
[12:20] {Threei} next try is coming
[12:21] {Threei} break of .50 long
[12:21] {magoo} aapl too
[12:21] {Threei} stop under .30
[12:21] {Threei} don't play these stocks if not willing to take a few stops
[12:21] {Threei} idea is, small stops and hunting for a big bounce
[12:22] {magoo} small shares too vad{tell them}
[12:22] {Threei} lol... I believe it's a given on RIMM/AAPL
[12:23] {dino} smaller shares wider stops
[12:24] {Threei} OK... NQ has a feel of finding the bottom finally
[12:24] {Threei} let's see if this is the entry
[12:25] {Threei} also, AKAM .61 long if stays above .50
[12:26] {Threei} this one is just a scalp
[12:30] {magoo} rimm should go
[12:30] {laserdave1} 45$ big level on qqqq now
[12:31] {magoo} previous resistance?
[12:31] {laserdave1} well just whole numbers are always key
[12:32] {magoo} ah
[12:33] {laserdave1} ok Vad
[12:33] {laserdave1} im in akam
[12:33] {laserdave1} i like it
[12:33] {Threei} gosh, what are you, buying 50 shares of it? Buy 100K, provide us with exit
[12:33] {laserdave1} will hold .50 as stop
[12:34] {laserdave1} lol
[12:34] {laserdave1} sorry
[12:34] {laserdave1} i got 1000 at .61
[12:34] {laserdave1} and buying o more
[12:34] {magoo} he he..i just sold 1k at .61
[12:34] {Threei} lol
[12:34] {laserdave1} haha
[12:35] {peterg} kik it vad
[12:36] {magoo} trook aa[pl long .68
[12:36] {magoo} sm
[12:36] {Threei} need NQ to break 1830 to make these entries truly work
[12:37] {Threei} truly as in grant us something really meaningful, not just another scalp
[12:38] {magoo} wait aapl .31
[12:38] {laserdave1} qqqq .97 bid
[12:39] {Threei} OK NQ
[12:39] {Threei} don't stop now
[12:39] {Threei} bottom is in, just go
[12:40] {Threei} RIMM is not in a hurry to follow btw
[12:40] {Threei} not sure I am jazzed about it
[12:46] {laserdave1} akam shoud bounce here
[12:46] {laserdave1} i hope
[12:49] {Threei} RIMM gave up
[12:49] {magoo} out aapl flat
[12:52] {laserdave1} im long rimm
[12:52] {laserdave1} stop 115
[12:52] {Threei} something isn't right
[12:52] {laserdave1} ya tons of size there
[12:52] {laserdave1} so i will hit the 115
[12:53] {Threei} it wouldn't go with NQ, then dropped even though NQ merely downticked a little
[12:53] {laserdave1} not wait till its gone
[12:53] {Threei} made new low while market stays put
[12:53] {laserdave1} if it goes down i wont miss 115
[12:53] {laserdave1} only got n cuz so much size on that level
[12:53] {laserdave1} if anyone is in
[12:54] {laserdave1} be carefull cuz if that level goes can be nasty candle
[12:54] {laserdave1} sell order .44 in case of rip up
[12:55] {magoo} \dammit aapl
[13:02] {laserdave1} rimm stopped
[13:02] {laserdave1} watch out to downside if breaks .90
[13:05] {laserdave1} rimm u animal
[13:05] {laserdave1} just to stop me out
[13:06] {magoo} this mkt blowws
[13:07] {Threei} today I agree with you
[13:08] {laserdave1} qqqq back above 45$
[13:09] {laserdave1} lets see if we rally
[13:09] {laserdave1} im not calling that though
[13:09] {patience} tsx down -251...just about time to get back into agrium and potash
[13:09] {laserdave1} just watching
[13:13] {laserdave1} market getting stronger
[13:16] {Threei} can't really tell if we start recovery or it's just another bounce before further slide
[13:18] {Threei} ABK is trying to pick up pace again
[13:20] {Threei} setup would be 8.85 long if stays above .70
[13:20] {Threei} withh aggressive entry if market spikes
[13:22] {Threei} US PRES BUSH: OIL WILL BE RELEASED FROM STRATEGIC PETROLEUM RESERVE UPON REQUEST
[13:22] {Threei} {USO}
[13:22] {magoo} request of whom?
[13:23] {dino} me
[13:23] {magoo} i request it to be delivered to my home
[13:23] {Threei} all of it?
[13:24] {Threei} sheik magoo they called him
[13:24] {dino} classic politician, buy it/fill it higher, release it when oil is 1/3 lower. and just think they run the tax system
[13:24] {Threei} lol
[13:25] {Threei} oil spike
[13:25] {dino} seriously, if they had any brains, they would do the reverse and for once make some $ on it
[13:25] {Threei} new low RIMM
[13:26] {Threei} glad I didn't trust the bounce
[13:26] {dino} wow joyg, i'd hate to see what would happen if they lowered guidance
[13:26] {Threei} no kidding
[13:26] {Threei} what a haircut
[13:27] {Threei} IMF'S LIPSKY REPORTEDLY SEES A POSSIBILITY THAT GLOBAL GROWTH MAY MISS THE IMF FORECAST OF 4.1% FOR 2008
[13:27] {Threei} who is growing?
[13:27] {Threei} every country is complaining of recession
[13:33] {laserdave1} RIMM
[13:33] {laserdave1} what a rip
[13:33] {laserdave1} no rhyme or reason
[13:33] {Threei} no
[13:33] {Threei} wasteland of a day
[13:33] {GeoArb} what I am killing it here
[13:34] {Threei} good for you
[13:34] {GeoArb} (killing time )
[13:34] {Threei} ah
[13:34] {GeoArb} heheheh
[13:34] {Threei} first red day since vacation for me
[13:34] {GeoArb} one trade rimm +2
[13:34] {GeoArb} 2 USD I mean
[13:34] {peterg} nice
[13:34] {peterg} I am very advanced; I have no envy
[13:34] {GeoArb} not 2 usd per share
[13:34] {GeoArb} 2 USD period
[13:35] {dino} lol
[13:35] {peterg} got it
[13:36] {GeoArb} i just came back late last night from vegas
[13:37] {GeoArb} took my mom.... and now she wants to buy a house there and watch the bellagio fountain every evening.... (after loosing all her money in bingo_)
[13:38] {Threei} tape those fountains for her
[13:38] {GeoArb} prabably cheaper
[13:38] {Threei} add volcano explosion for good measure
[13:38] {GeoArb} came home n less than 4 hours .... roads are empty
[13:39] {GeoArb} vegas looked empty
[14:00] {Threei} FED'S BEIGE BOOK: US ECONOMIC ACTIVITY HAS BEEN SLOW, RESIDENTIAL PROPERTY IS SOFT
[14:00] {Threei} - Sees moderate price pressures at employment slows, all districts see price pressures
[14:00] {Threei} - Sees export slowdowns in some districts, concentration on purchases of staples
[14:01] {Threei} and market drops on that?
[14:03] {Threei} Ukraine goes right ahead for Georgia fate
[14:04] {Threei} Russian soldiers have already been busy handing out passports to Crimeans to bolster the numbers of Russian "citizens" who might conveniently require Moscow's protection should Russia genuinely fear for the future of its Sevastopol base.
[14:05] {Threei} what the heck is happening today
[14:05] {Threei} do you see these spikes up and down?
[14:06] {dino} it's called the "efficient" market,............not
[14:07] {dino} dji green
[14:07] {Threei} and of course each of those spikes is driven but change in fundamentals
[14:07] {Threei} they are known for changing dramatically in a course of minutes
[14:08] {Threei} but = by
[14:09] {dino} josb
[14:09] {Threei} GM SALES ANALYST: SEEING SIGNS THAT THE US ECONOMY REGAINING TRACTION WITH HOUSING MARKET NEAR A BOTTOM - CONF CALL
[14:14] {Threei} lol, these constant readjustments... summer trading was unusually good,
[14:14] {Threei} now that we are out of it, gotta re-train myself
[14:30] {Threei} ABK is likely ot head for day high
[14:30] {Threei} entry point is toughie
[14:35] {Threei} anyone managed to find an entry?
[14:36] {hawkfan4} .85
[14:36] {Threei} partialling?
[14:37] {Threei} scalping?
[14:37] {Threei} sleeping?
[14:37] {hawkfan4} 1/2 out .98
[14:37] {Threei} OK :)
[14:47] {hawkfan4} b/e stop for the rest, thx
[14:56] {magoo} VAAAAAAADDDDDDDDDDDDDDDDD
[14:57] {Threei} yyeeessss?
[14:57] {magoo} wheres the bounce play?
[14:57] {magoo} 3 pm bounce
[14:57] {Threei} don't know about bounce,
[14:58] {Threei} but intyerested in URRE
[14:58] {hawkfan4} 12:58 URRE Uranium Resources: Color on stock strength (3.26 +1.08)
[14:58] {hawkfan4} URRE is trading up over 40% following Bloomberg report that Uranium Resources is sitting on as much as $7 bln worth of the radioactive mineral and may become a takeover target after the shares plunged 83% this year, along with the fuel's price.
[14:58] {Threei} maybe for overnight hold
[14:58] {Threei} ty hawk
[14:58] {hawkfan4} np, forgot to post it earlier
[14:58] {Threei} this move feels like most likely getting continuation tomorrow
[14:58] {Threei} or at least gap
06[14:59] * magoo slaps Threei around a bit with a large trout
06[14:59] * Chaeron slaps Threei around a bit with a large trout
[14:59] {magoo} dave??
[14:59] {magoo} u up
[15:00] {Threei} hmm
[15:00] {magoo} oh no
[15:01] {magoo} RIMM bottomless
[15:01] {Threei} yup
[15:01] {Threei} told you something wasn't right about it
[15:07] {Threei} so far it doesn't look like 3 pm is going to bring bounce
[15:07] {Threei} breakdown is more like it
[15:17] {_csepulve33} hi everyone
[15:17] {Threei} good affternoon
[15:18] {Threei} watching as URRE trades, more and more convinced it has legs
[15:25] {magoo} u in??
[15:25] {Threei} still watching
[15:26] {Threei} see, it's very possibly an overnight hold
[15:26] {Threei} so don't want rto get in too early
[15:26] {Threei} but obviously running a risk to miss
[15:26] {Threei} maybe half lot
[15:26] {Threei} with idea to add another half in case it drops
[15:27] {Threei} OK, will get half lot at .35 it getting hit or on pullback under 3.20
[15:28] {Threei} VVUS interesting strength
[15:28] {Threei} no clear play
[15:31] {dino} mdvn stopped
[15:33] {Threei} CHRYSLER REPORTS AUG SALES -34% TO 110K UNITS
06[15:34] * magoo slaps patience around a bit with a large trout
[15:34] {patience} why?
[15:34] {magoo} warming up
[15:35] {Threei} great... VVUS up 20 cents from my comment, and I still haven't found a play on it
[15:36] {dino} fpic
[15:37] {magoo} big up day tomorrow coming
[15:37] {magoo} u heard it here firsdt...realitytrader.com/magoostradamous
06[15:38] * Threei buys everything
[15:39] {laserdave1} market is crazy
[15:40] {Threei} SYK
[15:40] {Threei} US GOVT. IS REPORTEDLY INVESTIGATING COMPANY OVER ALLEGED ILLEGAL PAYMENTS TO DOCTORS
[15:41] {magoo} u don't have to yell:()
[15:43] {dptl} have a good evening all
[15:43] {Threei} take care dp
[15:43] {magoo} bye dp
[15:46] {Threei} no news VVUS
[15:48] {Threei} taking my first half lot URRE
[15:49] {magoo} after bell exit or overnite?
[15:49] {Threei} if moves today, fine
[15:49] {Threei} if not, overnight
[15:49] {magoo} i no like overnite
[15:50] {Threei} neither do I
[15:50] {magoo} u seem to do it often {as i run for cover}
[15:50] {Threei} not very often
[15:50] {Threei} some cases deserve a shot
[15:50] {magoo} u gonna get a shot he he
[15:52] {dino} i could use a shot
[15:54] {Threei} T. BOONE PICKENS: OIL PRICE WILL GO ABOVE $150/BBL THIS YEAR
[15:54] {Threei} sigh
[15:55] {peterg} boonie sez that for a reason.
[15:55] {peterg} his new book out, his windmills--he still loves that oil
[15:56] {peterg} the first billion is the hardest
[15:56] {peterg} title
[15:56] {Threei} poor guy
[15:56] {peterg} yep
[15:58] {Threei} sheesh VVUS :(
06[15:58] * magoo slaps Threei around a bit with a large trout
06[15:58] * Threei slaps magoo around a bit with a large trout
[15:58] {Threei} OK guys, thank you all
[15:58] {magoo} why?
[15:58] {Threei} have a good evening, see you tomorrrow
[15:58] {magoo} u 2 boss
[15:58] {Threei} why what?
[15:59] {magoo} why slap?
[15:59] {Threei} oh
[15:59] {peterg} why not gnite
[15:59] {Threei} because I believe in reciprocation, and reciprocator's gotta do what reciprocator's gotta do
[15:59] {magoo} oh
[16:00] {dino} ttwo out -.06
