Sep 04 2008
Session Time: Thu Sep 04 00:00:00 2008
[08:07] {Threei} sold half URRE 3.38, +.19
[08:15] {Threei} AUG ADP EMPLOYMENT CHANGE: -33K V 30KE
[08:28] {esemde} good morning ....got cut off just before i was going to enter VPHM yesterday....but I think we have my computors problems solved
[08:29] {Threei} good morning ese
[08:29] {Threei} what was it?
[08:29] {esemde} If you have a portable phone in the same room as your wireles router
[08:29] {esemde} look out
[08:30] {esemde} the problem was solved by
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 444K V 420KE
[08:30] {Threei} CONTINUING CLAIMS: 3.435M V 3.420ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 4425K to 429K
[08:30] {Threei} - Prior Continuing Claims revised from 3.423M to 3.429M
[08:30] {esemde} a 19 years technical wiz bang kid who lives 100 miles south of BomBay India...some town I had never heard of
[08:31] {Threei} *Q2 FINAL NONFARM PRODUCTIVITY: 4.3% V 3.5%E; UNIT LABOR COSTS: -0.5% V 0.0%E
[08:31] {Threei} jeez
[08:31] {Threei} so just need to turn it off?
[08:31] {esemde} I have been struggling with this problem for a couple of months now and no one had been able to solve it
[08:32] {esemde} no....he changed the channel setting on my
[08:32] {esemde} Linksys wireless router
[08:32] {Threei} got it
[08:33] {Threei} I remember now that you said it... my old phone did interfere with wireless connection as well
[08:33] {Threei} newer one is in another frequency band, no such effect
[08:33] {esemde} plus a couple of other settings inside the router.......
[08:34] {esemde} I hope this sovlves the probelm......this has been very frustrating
[08:39] {Threei} Added some Alaska photos to http://www.flickr.com/photos/36948132@N00/sets/72157606920267755/
[08:41] {cosmo} nice UFO shot....
[08:41] {Threei} hmm?
[08:41] {cosmo} ...the last one...
[08:42] {Threei} oh
[08:42] {Threei} lol
[08:42] {Threei} torn between dumping URRE at .40 and attempt to hold for more
[08:43] {cosmo} SOLR: deal with LDK Solar
[08:44] {cosmo} fwiw
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:06] {Onix} Good morning everyone!
[09:10] {Threei} onix :)
[09:11] {pita} morning all
[09:13] {Threei} pita :)
[09:15] {fernp} gm
[09:16] {Threei} fern :)
[09:16] {tomg} gm all, enjoyed the photos vad
[09:16] {Threei} ty tom :)
[09:17] {Onix} gtreat photos ty Vad
[09:17] {Threei} :)
[09:18] {Threei} going to be fairly picky today
[09:19] {Threei} the change we got so far is stubborn selling in the markets even though oil drops,
[09:19] {Threei} so we lost, at least so far, our leading indicator that worked for us through August
[09:20] {Threei} another change was, market became a bit less choppy and a bit more trneding
[09:20] {magoo} morning
[09:20] {Threei} so our attempts at reversals stopped working
[09:20] {Threei} magoo :)
[09:20] {magoo} took 3 tries to enter room vad..just in case u monitoring it
[09:20] {Threei} so... as we re-adjust, going to be careful and picky
[09:21] {Threei} what message were you getting?
[09:22] {Threei} as I posted earlier, sold half URRE at 3.39
[09:22] {magoo} i dont know
[09:22] {Threei} holding half still
[09:23] {Threei} I see just one connecting attempt by you, successful
[09:23] {magoo} anyway, a trending mkt would be easier to trade imo as long as we figure out trend
[09:23] {Threei} so whatever it was, it wqas not reaching the server
[09:23] {Threei} sure... we got unused from trend, played chppiness which pretty much took us into reversal
[09:23] {Threei} mode
[09:24] {Threei} not sure today is right day to play downtrend, daily feels like snapback time
[09:24] {Threei} but we will see how it goes
[09:25] {magoo} well..yes..i think i mentioned yesterday that i feel today was going up big
[09:25] {magoo} but who knows
[09:29] {peterg} gm all
[09:29] {Threei} peter :)
[09:29] {Threei} out 300 more 3.45
[09:29] {Threei} 200 left
[09:29] {Threei} offering 3.60
[09:30] {Threei} stop 3.15
[09:31] {dino} c'mon down 60+/- more dji
[09:32] {Threei} Long Setup: FNM .21 trigger
[09:32] {Threei} if stays above .10
[09:33] {Threei} out URRE .58
[09:33] {Threei} that was a good hold for gap
[09:33] {Threei} anyone followed?
[09:34] {patience} still in urre, you're faster than me
[09:34] {Threei} I am less patient :)
[09:35] {dptl} good morning all
[09:35] {Threei} dp :)
[09:36] {Threei} hmmm
[09:36] {Threei} URRE really has legs still it seems
[09:36] {patience} i like the volume in it
[09:36] {Threei} yes
[09:37] {dino} afam sm l .35
[09:38] {dino} ges sm l .80
[09:38] {Threei} Short Setup: AKAM.19 if stays below .25
[09:38] {dino} wide both
[09:45] {Threei} 20 is last bastion for AKAM
[09:45] {dino} ges stop to .50
[09:45] {Threei} cover half here just in case
[09:45] {Threei} but it feels to me it's going to break it down
[09:46] {Onix} in AKAM 20.13
[09:46] {dino} out ges .80, +1.00
[09:47] {dino} out afam .80, +.45
[09:47] {Threei} here we go
[09:47] {Threei} wtg dino
[09:47] {dino} ty
[09:48] {dino} ok dji get us to 11330ish
[09:48] {dino} rimm coming back up
[09:48] {dino} hod rimm
[09:49] {dptl} out akam at 20 ty
[09:49] {Threei} welcome
[09:50] {Roman} long WB
[09:50] {Roman} 17.05
[09:52] {Threei} ABK
[09:52] {Roman} long MER
[09:52] {Threei} tries to break yesterday's high
[09:52] {Roman} 28.05
[09:52] {Threei} what is pushing financials?
[09:55] {magoo} l rimm .50 sm'
[09:55] {Threei} nice WB
[09:55] {magoo} stop .98
[09:56] {Roman} STSI just keeps going
[09:57] {Roman} FRE radar
[09:58] {dino} afam sm l .45
[09:59] {dino} gtls blood
[09:59] {judijim} good morning all
[09:59] {Threei} jj :)
[10:00] {Threei} AUG ISM NON-MANUFACTURING COMPOSITE: 50.6 V 49.5E
[10:01] {Threei} Non-Mfg Prices Paid Index: 72.9 v 80.8 in July
[10:01] {Threei} - Employment: 45.4 v 47.1 in July
[10:01] {Threei} - New Orders Index: 49.7 v 47.9 in July
[10:03] {dino} gtls l sm .50
[10:04] {Threei} Long Setup: UAUA .17 trigger
[10:04] {Threei} 12.05 stop
[10:06] {Threei} UAUA 1:1
[10:06] {fernp} ty
[10:06] {Threei} half out or scalp, your choice
[10:06] {Threei} fern :)
[10:07] {Threei} 1:2
[10:07] {Threei} me out
[10:08] {magoo} out .43 THANX
[10:08] {Threei} welcome
[10:08] {Onix} ty Vad, UAUA good
[10:08] {Threei} :)
[10:10] {Threei} we have oil inventories at 11 today
[10:10] {Threei} unusual day and time
[10:10] {Threei} almost forgot about it
[10:14] {dino} gtls stop to .94 expect slip
[10:17] {dino} to .05
[10:17] {dino} out afam -.45
[10:18] {Threei} Short Setup: LEH 16.19 trigger if stays under .30
[10:19] {Threei} in aggressively
[10:19] {Threei} stop .36
[10:19] {dino} gtls to .10
[10:21] {Onix} in ss LEH .28
[10:21] {dino} out gtls .12, +.62
[10:23] {esemde} swing long NVDA 11.57 full lot
[10:23] {magoo} vad, leh holding in a naz pullbk
[10:24] {Threei} so it will be stopped at .36
[10:24] {magoo} boy are you sensitive {again}
[10:24] {Threei} just not sure what you want me to do in the middle of the trade
[10:25] {magoo} just giving insight i too .31
[10:25] {magoo} sah
[10:25] {dino} stop fighting girls
[10:25] {magoo} that DOES IT
06[10:25] * magoo slaps dino around a bit with a large trout
[10:25] {Threei} lol
06[10:25] * magoo slaps Threei around a bit with a large trout
[10:26] {Threei} that's what aggressive entires are for, aren't they? less certainty in outcome, tighter stops
[10:27] {magoo} hey, i took it
[10:27] {magoo} just adding info as i see it
[10:28] {magoo} but mind u ..if it works..i not thanking u for all the smack i taking here
[10:28] {Threei} NIGERIAN OIL MIN: OPEN ON IDEAS FOR OPEC POLICY DECISION
[10:28] {dino} pcln green
[10:29] {Threei} hmmm... so far I see you being the only one smacking people left and right, lol
[10:30] {Threei} covering half LEH
[10:30] {Threei} scalpers take profit
[10:30] {magoo} my job in room
[10:31] {dino} lod's
[10:32] {Onix} LEH good ty Vad
[10:32] {dino} getting close to target
[10:32] {Threei} welcome sir
[10:33] {dino} cme fast drop
[10:33] {Threei} what's happening?
[10:33] {magoo} vad, look at qqq chart
[10:33] {Threei} LEH is 1: 3
[10:34] {Threei} I am out 16.06
[10:34] {dino} will 11330 hold
[10:34] {Threei} what about it magoo?
[10:34] {Threei} fell of a cliff
[10:34] {magoo} ok ok ...out .07 THANK U {sdaid i wouldn't..but had too say it}
[10:35] {Threei} lol
[10:35] {magoo} volume on the sell vad
[10:35] {Threei} how manly of you
[10:35] {Threei} yeah... friking AKAM
[10:35] {magoo} q volume sell side
[10:35] {Threei} too bad shook us out of balance earlier
[10:37] {Threei} *EIA NATURAL GAS INVENTORIES: +90 BCF V +90 TO +95 BCF RANGE OF ESTIMATES
[10:38] {dino} ok down 4% since tues highs
[10:38] {dino} buy the dips
[10:40] {dino} gtls sm l .45
[10:41] {dino} too soon
[10:42] {dino} eyes on ges again
[10:43] {magoo} i just gave LEH your phone number vad..expect a call
[10:45] {dino} ges sm l .10
[10:46] {magoo} l rimm here small
[10:46] {Threei} not picking up the phone
[10:46] {magoo} risky
[10:46] {dino} oh mannnnnnnnnnnn swiper, stop whining
[10:46] {magoo} got .30
[10:47] {dino} risky sm wide afam l .01
[10:47] {dino} never thought i'd get that fill
[10:48] {Threei} oil numbers soon
[10:48] {magoo} stopped rimm
[10:52] {dino} whers' my rally
[10:52] {Threei} UAUA forms ascending triangle on 1 min
[10:53] {Threei} if oil numbers are good and USO drops, has a chance to jump
[10:53] {magoo} here it comes dinop
[10:55] {dino} oh ohh, then market will crash i guesss w/good oil numbers
[10:55] {dino} oil cruished this week, markets crushed
[10:55] {dino} no reasoning
[10:56] {Threei} yeah, change of paradigm
[10:59] {Threei} wow
[10:59] {magoo} magoo looking up word in pistionary
[11:00] {Threei} DOE CRUDE: -1.9M V UNCHANGED EST.;
[11:00] {Threei} GASOLINE: -1M V -1.5ME; DISTILLATES: +413K V +800KE; UTILIZATION: 88.7% V 87.5%E
[11:00] {Threei} *API Inventory:
[11:00] {Threei} - Crude Inventories: +4.2M
[11:00] {Threei} - Gasoline: +935K
[11:00] {Threei} - Distillate:-157K
[11:00] {dino} what they hell is a pistionary
[11:02] {Threei} sitting out this jerkiness, letting market sort it out
[11:03] {Threei} morning was fgood, no need to spoil it gambling right now
[11:03] {Threei} fgood is good with fat fingers, not what you thought
[11:12] {dino} v sm wynn l .08
[11:14] {dino} afam stop to .15
[11:14] {dino} out .12 slip, +1.11
[11:15] {Threei} looks like back to business as usual for oil
[11:15] {Threei} wow dino
[11:16] {dino} lucky
[11:16] {Threei} watch for another sharp red bar USO
[11:16] {Threei} try to grab UAUA for scalp
[11:16] {Threei} ugh, happened as I typed
[11:17] {dino} aug lows dji
[11:17] {dino} dino wondering how the talking heads feel about tuesday morning worst is over crap
[11:18] {Threei} they long forgot about it
[11:18] {Threei} their attention span is less of that of daytraders
[11:19] {Threei} anyone got UAUA?
[11:19] {dino} ocln positive, strange
[11:20] {Threei} mama mia oil
[11:20] {dino} rally time imo
[11:20] {dino} pcln i mean
[11:20] {Threei} straight down
[11:21] {dino} bucy chart ouch 72 to 51 in 4 days
[11:22] {dino} rally not happening
[11:22] {dino} ok patience -300 coming
[11:22] {Roman} time to flip some houses
[11:23] {dino} :)
[11:32] {Threei} TSX is getting third day of cruel beating
[11:32] {Threei} down over 300
[11:33] {esemde} see ya tomorrow all.....still swing long NVDA
[11:33] {Threei} take care ese
[11:37] {dino} afam drop
[11:39] {patience} ok, just did a 10k run, did i miss anything?
[11:39] {Threei} lol... a lot actually
[11:39] {Threei} have a look at USO chart
[11:39] {Threei} it did its 10K as well :)
[11:40] {pita} cu all tomorrow
[11:40] {magoo} pita:)
[11:40] {Threei} take care pita
[11:42] {magoo} l aapl here .70 sm
[11:43] {magoo} stop .09
[11:43] {magoo} 300 shares..so stop 180 bux
[11:43] {magoo} lay out .31
[11:44] {dino} ilmn v sm l .23
[11:44] {magoo} hell take .25
[11:45] {magoo} Out .55
[11:47] {magoo} tough crowd
[11:47] {magoo} easy button trade
[11:47] {patience} magoo...your my hero!
[11:47] {dino} lol
[11:47] {magoo} one minute trade with straight up
[11:48] {Threei} OK, I gought hard but can't resist
[11:48] {Threei} wtg magoo
[11:48] {Threei} gought = fought
[11:48] {Threei} oil low volume bounce
[11:49] {Threei} watch if it gives that red bar from here
[11:49] {Threei} UAUA is at good point for bounce
[11:50] {dino} out ges .44 +.36
[11:50] {_csepulve33} good morning
[11:50] {Threei} hi csepulve
[11:51] {dino} gm 33
[11:52] {magoo} vad, u stiull got that rally monkey?
[11:52] {Threei} no... gotta search for it
[11:52] {magoo} we need it
[11:53] {magoo} rrrrrrrrraaaaaaaaaallllllllllllllllyyyyyyyyyyyyyyyy
[11:56] {_andresy} Goog morning
[11:56] {Threei} hi andresy, welcome
[11:56] {_andresy} Hi csepulve
[11:57] {_andresy} Hi Threei
[11:57] {Threei} oil upward move put a dampening cloth on rally for now magoo
[11:57] {_andresy} So, how are you doing far?
[11:58] {Threei} rather well, thank you
[11:58] {_andresy} Good
[12:00] {Threei} USO feels to break 87 now, which should take UAUA under 12.20, with closer to 12 being bounce level
[12:01] {dino} welcome to the jungle andresy
[12:01] {dino} good day
[12:02] {_andresy} Thank you
[12:02] {_andresy} dino
[12:02] {_andresy} Bearish day, but i was expecting oil to go high
[12:05] {dino} don't expect
[12:06] {magoo} well vad..find monkey now while your sleeping..we gonna need him
[12:08] {dino} spnc
[12:08] {Chaeron} morning all
06[12:08] * magoo slaps Chaeron around a bit with a large trout
[12:08] {Threei} chaeron :)
[12:09] {Chaeron} thanks magoo... me you get in 2 seconds, Dave it takes you an hour
[12:10] {magoo} well...u a priority
[12:11] {dino} spnc bv sm l .20 risky
[12:11] {Chaeron} awwww... I feel special
[12:13] {Threei} Short Setup: UAUA .19 if stays below .25
[12:13] {Threei} just a scalp
[12:30] {Threei} invalidated
[12:36] {dino} spnc stop is .98 wicked
[12:40] {Threei} RIMM
[12:40] {Threei} watching for short
[12:40] {Threei} into bounce - around .15 - .25,
[12:40] {Threei} for breakdown - under .90
[12:44] {Threei} last bounce topped out just under 110.10
[12:44] {Threei} so sop would be above that
[12:44] {Threei} sop is a stop
[12:45] {Threei} look to cover around .50 - .60
[12:46] {Threei} over 1:1
[12:46] {Threei} feel free to take profit as you see fit
[12:47] {Threei} hit target perfectly
06[12:47] * Threei slaps magoo around a bit with a large trout
[12:47] {peterg} very nice call
[12:47] {Threei} ty
[12:48] {dino} lod going to hold? hmmm
[12:48] {Threei} feels like no
[12:49] {dino} feeling the same
[12:50] {dino} ilmn stop to .48
[12:51] {dino} make it .59
[12:51] {dino} spnc stopped -.22
[12:52] {dino} toughy
[12:53] {dino} maybe worth a try around lows
[12:54] {dino} out ilmn .68, +.45 reverse slip, wierd
[12:56] {peterg} weird
[12:57] {peterg} sorry cant help it
[12:58] {dino} lol
[12:58] {dino} was thinking i before e except after c
06[12:59] * Threei slaps laserdave1 around a bit with a large trout
[12:59] {peterg} and sometimes w
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {laserdave1} this market is relentless
[13:00] {laserdave1} wow
[13:00] {Threei} sure is... no snapback after such selloff for days
[13:00] {patience} tsx down -296
[13:00] {Threei} but it's coming
[13:00] {laserdave1} today?
[13:00] {patience} y
[13:01] {Threei} my feel is at this moment:
[13:01] {Threei} one more test of low, then upward thrust
[13:02] {Threei} if/when it comes, RIMM should be good for couple points
[13:03] {magoo} i cant remember when RIMM was down over 5 pts 3 days straight
[13:04] {Threei} if you are willing for a few attempts:
[13:04] {Threei} one would be RIMM long here with stop under .50
[13:04] {Threei} another, long on 110 break if holding aabove .70
[13:04] {magoo} how about AAPL vad?
[13:05] {Threei} not sure
[13:05] {Threei} less readable to me
[13:05] {dino} spnc halted
[13:06] {Threei} earlier on it:
[13:06] {Threei} WEAKNESS ATTRIBUTED TO VAGUE RUMOR OF REGULATORS RAIDING OFFICES OF THE COMPANY
[13:06] {Threei} - also chatter that the company has cancelled a conference call with Barrington today.
[13:06] {Threei} - reminder: the stock was cut to Sell by Goldman Sach early this morning
[13:07] {Threei} here comes test of the low
[13:07] {Threei} RIMM not making new low so far
[13:07] {Threei} AAPL does
[13:07] {Threei} RIMM remains my choice for a bounce play
[13:08] {Threei} in RIMM
[13:08] {Threei} got .65
[13:08] {Threei} stop under .40
[13:08] {Threei} reminder, be ready for a few tries
[13:08] {laserdave1} hopefully market double bottoms
[13:09] {Threei} AAPL new lows again
[13:10] {Threei} NQ jump over 1800 should start meaningful bounce now
[13:11] {Threei} come on market, grow a set, will ya
[13:12] {patience} nice vad, i'm betting we drop below 11k on the dow in next few days
[13:12] {laserdave1} long rimm and aapl
[13:12] {Threei} very possible patience
06[13:13] * Chaeron slaps laserdave1 around a bit with a large trout
[13:13] {Threei} selling is so sustainable, I woj't be surprized to see more of it
[13:14] {Threei} AAPL puts a lid on a bounce
[13:14] {laserdave1} stopped aapl
[13:14] {Threei} told ya it was no good
[13:14] {Threei} weakest link
[13:14] {laserdave1} i am just palying market bounce
[13:15] {laserdave1} but was rong
[13:15] {laserdave1} they jigged it lower
[13:15] {Threei} now with AAPL
[13:15] {Threei} RIMM is better choice
[13:15] {Threei} now = not
[13:15] {Threei} now worky
[13:15] {Threei} lol... now = no
[13:16] {Threei} and see who led new leg down
[13:16] {Threei} AAPL did
[13:19] {laserdave1} ok im long \both again
[13:19] {laserdave1} tight stops
[13:19] {Threei} magoo
[13:20] {Threei} http://www.rallymonkey.com/oldvideo.php
[13:21] {Threei} selloff is not done yet IMO
[13:21] {Threei} bounce attempts are unconvincing
[13:21] {Threei} not rushing in for another attempt
[13:22] {patience} tsx down -351, going lower imo
[13:28] {dino} ok give us the whoosh down
[13:28] {dino} -300 patience
[13:29] {patience} -375
[13:29] {patience} nasty nasty nasty
[13:29] {Threei} FED'S FISHER: SEES ANEMIC US GROWTH OVER THE NEXT SEVERAL QUARTERS, DECLINES IN COMMODITY PRICES MAY NOT LAST - USA TODAY INTERVIEW
[13:34] {Threei} back in RIMM
[13:34] {Threei} got .85
[13:34] {Threei} sorry, late post
[13:34] {magoo} lol .76
[13:34] {Threei} too fast
[13:34] {Chaeron} arrg
[13:34] {Chaeron} nice job you two
[13:35] {Threei} half out .35
[13:35] {Threei} +.50 if my math is right
[13:36] {Threei} .79 stop
[13:36] {Threei} stop to .95, no lose territory
[13:37] {Threei} offering .95
[13:37] {magoo} out .60
[13:37] {magoo} ty
[13:38] {Threei} 109.95 that is... while stop is at 108.95
[13:38] {Threei} to make sure my handles are right :)
[13:38] {Threei} good one mags
[13:38] {Threei} didn't take long too
[13:39] {Threei} why did I forget to return to UAUA short when it reinstated itself?
[13:39] {laserdave1} i think bounce again now
[13:39] {laserdave1} lol
[13:39] {laserdave1} can the market really be this sick
[13:39] {Threei} worked perfectly of .20 breakdown
[13:39] {Threei} sigh... attention span of a moth
[13:40] {Threei} dave... "market can stay irrational longer than you can stay solvent" :)
[13:40] {Threei} that's why they inveneted stops
[13:40] {laserdave1} bear markets can last years
[13:40] {Chaeron} and poor houses
[13:40] {laserdave1} it was like an exprssion
[13:40] {laserdave1} like how relentless
[13:41] {laserdave1} dow can easily test 10k
[13:41] {Threei} so what
[13:41] {Threei} we have big red day roday, yet go over calls
[13:41] {Threei} nicely in profit
[13:42] {laserdave1} you are misunderstanding me
[13:42] {Threei} nah
[13:42] {laserdave1} some of my biggest days are when markets go down
[13:42] {Threei} I am just looking for an excuse to slap you
[13:42] {laserdave1} u dotn need an excuse
[13:42] {laserdave1} uknow that
[13:42] {Threei} on second thought... really
06[13:42] * Chaeron slaps laserdave1 around a bit with a large trout
[13:42] {Threei} why do I need an excuse
[13:42] {Chaeron} see?
06[13:42] * Threei slaps laserdave1 around a bit with a large trout
[13:43] {Threei} you are right chaeron
[13:43] {dino} most of my biggest are days like this
[13:43] {Threei} raise your hands who is in the money today
[13:44] {dino} :)
[13:44] {Threei} smile will do to
06[13:44] * Threei slaps dptl around a bit with a large trout
[13:44] {Threei} I know you are
[13:45] {Threei} what, that's it? who am I calling them for
06[13:45] * Threei is ready to remove himself to monastery
[13:45] {patience} i'm waiting vad....getting ready to go shopping :)
[13:46] {Threei} after 3 days of window shopping? :)
[13:46] {dino} oil moving up
[13:46] {patience} i'm just waiting for some ag stocks to hit technical lows
[13:46] {dino} 4.7% pretty good 3 day discount
[14:02] {Threei} getting tempted by RIMM again
[14:04] {Threei} missed I guess
[14:04] {Chaeron} was just going to ask
[14:04] {Threei} hesitated too long
[14:05] {Threei} 109.05 trigger if holding .90
[14:07] {Chaeron} invalidated?
[14:07] {Chaeron} it's froggy
[14:07] {Threei} hard to tell
[14:07] {Threei} a bit too jumpy
[14:08] {Threei} ok, in
[14:09] {Threei} stop under .70
[14:12] {Threei} FED'S FISHER: UNFUNDED LONG TERM LIABILITIES POSE THE LARGEST THREAT TO THE US ECONOMY
[14:12] {dino} -5% dji 3 days, getting excessive imo
[14:13] {Threei} and yet
[14:13] {Threei} new wave of selling coming it seems
[14:13] {Threei} out RIMM with chicken feed
[14:13] {dino} 11131 next support
[14:13] {Threei} want to wait it out
[14:13] {Threei} plus 4 cents
[14:13] {Threei} lol
[14:13] {Threei} I better don't spend it all it once
[14:14] {Threei} holding rather well
[14:16] {Threei} RIMM
[14:16] {Threei} HEARING AMTECH CUTTING ESTS AND PRICE TARGET TO $190 FROM $205 (TIMING UNCERTAIN)
[14:16] {magoo} where the hek is your ppt
[14:16] {magoo} price protection
[14:17] {Threei} 190?
[14:17] {Threei} lol
[14:18] {Threei} PIMCO'S GROSS: MARKETS NEED $400-500B OF NEW CAPITAL TO STEM FLOW OF ASSET DELEVERAGING - CNBC COMMENTS
[14:18] {Threei} - Treasury is hindered by upcoming election
[14:18] {Threei} - at this point unwilling to buy into new capital raising rounds by financial institutions
[14:19] {patience} tsx down 1000 points in 3 days, nbow down -410 oh my my
[14:20] {Threei} why did we ever cover that LEH short?
[14:20] {peterg} what is asset deleveraging? loans called?
[14:21] {Threei} freeing bank balancer sheets from mortgage exposure, as I read it
[14:21] {Threei} by whatever means it could be done
[14:23] {dino} dji -601; 11790-11189
[14:23] {Threei} but you better verify with someone better versed in bank-speak
[14:23] {dino} putting on some sm swings
[14:24] {Threei} to me, all statements by those people come to "we want to sell you something" and "oh no, don't try to do it yourself"
[14:25] {dino} ges sm l .90
[14:25] {Threei} the day I find financial advisoer working in a local bank branch who made a single dime by trading his own money will be the day I mark in my calendar and celebrate every uear from than moment on
[14:31] {dino} fed's yellen is yelling on cnbc
[14:32] {dino} commodity drops helping fed: read no increase, perhap[s room to cut if they must
[14:32] {Threei} FED'S YELLEN: SLUGGISH GROWTH SEEN IN 2H08,, INFLATION RISKS HAVE FALLEN, BUT STILL AT FOREFRONT, PRICING PRESSURES HAVE NOT DISAPPEARED,SEES INFLATION SLOWING IN 2009, INFLAT
[14:32] {Threei} - Notes does not see a wage price spiral,
[14:33] {dino} hard to spiral w/cuts
[14:33] {dino} in jobs
[14:33] {Threei} you are good at decoding fed-speak dino
[14:33] {Threei} FED'S FISHER: FNM AND FRE ARE FOR THE TREASURY TO HANDLE - Q&A
[14:33] {dino} lol
[14:34] {Threei} Treasury: what?? why us??
[14:35] {Threei} - Notes does not see a wage price spiral, expects inflation to fall to just above 2% in 2009
[14:35] {Threei} - Pricing pressures have no disappeared, but tight credit conditions are making rate policy more difficult, US enduring a 'severe' credit crunch
[14:35] {Threei} - Sees housing prices falling further, overseas economices are suffering from slow US economy
[14:36] {Threei} what's their salary?
[14:36] {Threei} I can make all these statements for 10% of what they get
[14:37] {Threei} save their shareholders a lot of money
[14:39] {_csepulve33} any salmon on the market?
[14:40] {Threei} OMCL is
[14:40] {Threei} GEOY
[14:40] {dino} mdvn, apol, skf
[14:40] {dptl} have a good rest of the day all.......see ya tomorrow:)
[14:41] {dino} tlt
[14:41] {Threei} TASR
[14:41] {dino} clne
[14:41] {Threei} take care dp
[14:41] {dino} ges
[14:41] {dino} cya dp
[14:44] {cosmo} CLNE up
[14:45] {cosmo} 19
[14:46] {cosmo} testing
[14:47] {cosmo} passes
[14:48] {dino} gj
[14:49] {cosmo} maybe...
[14:50] {dino} pcln
[14:58] {dino} up we go
[15:00] {_csepulve33} any oportunity?
[15:00] {dino} indeed
[15:00] {dino} rimm, ges, pcln,
[15:01] {dino} ilmn
[15:01] {dino} ones from earlier trades imo
[15:05] {magoo} VVVVVVVVVVAAAAAAAAAAAADDDDDDDDDDDDDDDD
[15:05] {magoo} read rimm please
[15:05] {_csepulve33} up
[15:05] {Threei} R
[15:05] {Threei} I
[15:05] {Threei} two Ms
[15:05] {Threei} get it on pullback
[15:05] {_csepulve33} double bottom?
[15:06] {Threei} .30 is nearest support fo it
[15:10] {Threei} first strength from here
[15:11] {Threei} stop under .30
[15:11] {magoo} in .49
[15:13] {Threei} OMCL up 25 cents since mention
[15:14] {Threei} salmons are salmons
[15:15] {_csepulve33} INTC support break
[15:16] {Threei} RIMM over 1:2 with .50 or so entry
[15:16] {Threei} over 1:1 sorry
[15:18] {magoo} was wait .89
[15:18] {magoo} missed
[15:22] {Threei} wow... more panic
[15:24] {dino} ?
[15:28] {Threei} back in RIMM for bounce scalp
[15:28] {Threei} stop under .70
[15:29] {Threei} no worky
[15:29] {Threei} been a serious while since selling was that relentless
[15:30] {Threei} usually even on big red days we were getting nice bounce closer to end of day
[15:30] {Threei} look at that
[15:31] {laserdave1} RIMM violence
[15:32] {magoo} ive never seen RIMM so bad for 3 days straight
[15:33] {Threei} actually, 5 red days in a row on it
[15:33] {dino} pcln stop to .64
[15:33] {Threei} accelerating
[15:33] {dino} out +.62
[15:34] {dino} in june vad, look at rimm chart
[15:34] {laserdave1} qqqq big bar up
[15:34] {laserdave1} they have stuffed every rally atttmept
[15:34] {laserdave1} so we will see
[15:36] {dino} darn, missed my entry ilmn, now up .80
[15:36] {dino} xto, chk green...natural gas
[15:40] {dino} out ges .55 -.35
[15:42] {Threei} gosh... I didn't prepare that much popcorn for today
[15:49] {dino} ok gotta hop, baseball
[15:49] {dino} thx all
[15:49] {Threei} take care dino
[15:49] {peterg} later big buy
[15:49] {peterg} guy
[15:49] {Threei} mags... and we thought we would get a snapback day today, eh? :)
[15:49] {_andresy} Bye dino, thank you
[15:50] {Threei} -320 DJI instead
[15:50] {Threei} -50 NQ
[15:50] {peterg} snap tomorrow
[15:51] {peterg} maybe
[15:51] {peterg} since we are philosophical probabalists
[15:51] {_csepulve33} good bye take care
[15:51] {peterg} probababalistic philosophers. by 33
[15:52] {Threei} ese's NVDA held not too bad actually
[15:52] {peterg} by swing did he mean overnite
[15:53] {Threei} possibly longer
[15:56] {Threei} finishing at the low
[15:58] {Threei} wow... can't stop watching :)
[15:59] {peterg} sense of carnage?
[15:59] {Threei} close to it
[15:59] {peterg} yep
[15:59] {patience} sense of puking yet?
[15:59] {peterg} feel good so far
[15:59] {peterg} in cash for months now
[15:59] {patience} laughing, not you, the market
[16:00] {Threei} that's a good feeling
[16:00] {Threei} imagine being fully invested
[16:00] {patience} just started some buying
[16:00] {Threei} now if you think that's bad - imagine being fully margined
[16:00] {patience} laughing, oh well, i can hold em
[16:01] {Threei} ok guys, thank you all
[16:01] {Threei} have a good evening
[16:01] {Threei} tomorrow will be very interesting
[16:01] {peterg} thks, gnight, till tmo
[16:01] {peterg} yes
[08:07] {Threei} sold half URRE 3.38, +.19
[08:15] {Threei} AUG ADP EMPLOYMENT CHANGE: -33K V 30KE
[08:28] {esemde} good morning ....got cut off just before i was going to enter VPHM yesterday....but I think we have my computors problems solved
[08:29] {Threei} good morning ese
[08:29] {Threei} what was it?
[08:29] {esemde} If you have a portable phone in the same room as your wireles router
[08:29] {esemde} look out
[08:30] {esemde} the problem was solved by
[08:30] {Threei} *INITIAL JOBLESS CLAIMS: 444K V 420KE
[08:30] {Threei} CONTINUING CLAIMS: 3.435M V 3.420ME
[08:30] {Threei} - Prior Initial Jobless Claims revised from 4425K to 429K
[08:30] {Threei} - Prior Continuing Claims revised from 3.423M to 3.429M
[08:30] {esemde} a 19 years technical wiz bang kid who lives 100 miles south of BomBay India...some town I had never heard of
[08:31] {Threei} *Q2 FINAL NONFARM PRODUCTIVITY: 4.3% V 3.5%E; UNIT LABOR COSTS: -0.5% V 0.0%E
[08:31] {Threei} jeez
[08:31] {Threei} so just need to turn it off?
[08:31] {esemde} I have been struggling with this problem for a couple of months now and no one had been able to solve it
[08:32] {esemde} no....he changed the channel setting on my
[08:32] {esemde} Linksys wireless router
[08:32] {Threei} got it
[08:33] {Threei} I remember now that you said it... my old phone did interfere with wireless connection as well
[08:33] {Threei} newer one is in another frequency band, no such effect
[08:33] {esemde} plus a couple of other settings inside the router.......
[08:34] {esemde} I hope this sovlves the probelm......this has been very frustrating
[08:39] {Threei} Added some Alaska photos to http://www.flickr.com/photos/36948132@N00/sets/72157606920267755/
[08:41] {cosmo} nice UFO shot....
[08:41] {Threei} hmm?
[08:41] {cosmo} ...the last one...
[08:42] {Threei} oh
[08:42] {Threei} lol
[08:42] {Threei} torn between dumping URRE at .40 and attempt to hold for more
[08:43] {cosmo} SOLR: deal with LDK Solar
[08:44] {cosmo} fwiw
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:06] {Onix} Good morning everyone!
[09:10] {Threei} onix :)
[09:11] {pita} morning all
[09:13] {Threei} pita :)
[09:15] {fernp} gm
[09:16] {Threei} fern :)
[09:16] {tomg} gm all, enjoyed the photos vad
[09:16] {Threei} ty tom :)
[09:17] {Onix} gtreat photos ty Vad
[09:17] {Threei} :)
[09:18] {Threei} going to be fairly picky today
[09:19] {Threei} the change we got so far is stubborn selling in the markets even though oil drops,
[09:19] {Threei} so we lost, at least so far, our leading indicator that worked for us through August
[09:20] {Threei} another change was, market became a bit less choppy and a bit more trneding
[09:20] {magoo} morning
[09:20] {Threei} so our attempts at reversals stopped working
[09:20] {Threei} magoo :)
[09:20] {magoo} took 3 tries to enter room vad..just in case u monitoring it
[09:20] {Threei} so... as we re-adjust, going to be careful and picky
[09:21] {Threei} what message were you getting?
[09:22] {Threei} as I posted earlier, sold half URRE at 3.39
[09:22] {magoo} i dont know
[09:22] {Threei} holding half still
[09:23] {Threei} I see just one connecting attempt by you, successful
[09:23] {magoo} anyway, a trending mkt would be easier to trade imo as long as we figure out trend
[09:23] {Threei} so whatever it was, it wqas not reaching the server
[09:23] {Threei} sure... we got unused from trend, played chppiness which pretty much took us into reversal
[09:23] {Threei} mode
[09:24] {Threei} not sure today is right day to play downtrend, daily feels like snapback time
[09:24] {Threei} but we will see how it goes
[09:25] {magoo} well..yes..i think i mentioned yesterday that i feel today was going up big
[09:25] {magoo} but who knows
[09:29] {peterg} gm all
[09:29] {Threei} peter :)
[09:29] {Threei} out 300 more 3.45
[09:29] {Threei} 200 left
[09:29] {Threei} offering 3.60
[09:30] {Threei} stop 3.15
[09:31] {dino} c'mon down 60+/- more dji
[09:32] {Threei} Long Setup: FNM .21 trigger
[09:32] {Threei} if stays above .10
[09:33] {Threei} out URRE .58
[09:33] {Threei} that was a good hold for gap
[09:33] {Threei} anyone followed?
[09:34] {patience} still in urre, you're faster than me
[09:34] {Threei} I am less patient :)
[09:35] {dptl} good morning all
[09:35] {Threei} dp :)
[09:36] {Threei} hmmm
[09:36] {Threei} URRE really has legs still it seems
[09:36] {patience} i like the volume in it
[09:36] {Threei} yes
[09:37] {dino} afam sm l .35
[09:38] {dino} ges sm l .80
[09:38] {Threei} Short Setup: AKAM.19 if stays below .25
[09:38] {dino} wide both
[09:45] {Threei} 20 is last bastion for AKAM
[09:45] {dino} ges stop to .50
[09:45] {Threei} cover half here just in case
[09:45] {Threei} but it feels to me it's going to break it down
[09:46] {Onix} in AKAM 20.13
[09:46] {dino} out ges .80, +1.00
[09:47] {dino} out afam .80, +.45
[09:47] {Threei} here we go
[09:47] {Threei} wtg dino
[09:47] {dino} ty
[09:48] {dino} ok dji get us to 11330ish
[09:48] {dino} rimm coming back up
[09:48] {dino} hod rimm
[09:49] {dptl} out akam at 20 ty
[09:49] {Threei} welcome
[09:50] {Roman} long WB
[09:50] {Roman} 17.05
[09:52] {Threei} ABK
[09:52] {Roman} long MER
[09:52] {Threei} tries to break yesterday's high
[09:52] {Roman} 28.05
[09:52] {Threei} what is pushing financials?
[09:55] {magoo} l rimm .50 sm'
[09:55] {Threei} nice WB
[09:55] {magoo} stop .98
[09:56] {Roman} STSI just keeps going
[09:57] {Roman} FRE radar
[09:58] {dino} afam sm l .45
[09:59] {dino} gtls blood
[09:59] {judijim} good morning all
[09:59] {Threei} jj :)
[10:00] {Threei} AUG ISM NON-MANUFACTURING COMPOSITE: 50.6 V 49.5E
[10:01] {Threei} Non-Mfg Prices Paid Index: 72.9 v 80.8 in July
[10:01] {Threei} - Employment: 45.4 v 47.1 in July
[10:01] {Threei} - New Orders Index: 49.7 v 47.9 in July
[10:03] {dino} gtls l sm .50
[10:04] {Threei} Long Setup: UAUA .17 trigger
[10:04] {Threei} 12.05 stop
[10:06] {Threei} UAUA 1:1
[10:06] {fernp} ty
[10:06] {Threei} half out or scalp, your choice
[10:06] {Threei} fern :)
[10:07] {Threei} 1:2
[10:07] {Threei} me out
[10:08] {magoo} out .43 THANX
[10:08] {Threei} welcome
[10:08] {Onix} ty Vad, UAUA good
[10:08] {Threei} :)
[10:10] {Threei} we have oil inventories at 11 today
[10:10] {Threei} unusual day and time
[10:10] {Threei} almost forgot about it
[10:14] {dino} gtls stop to .94 expect slip
[10:17] {dino} to .05
[10:17] {dino} out afam -.45
[10:18] {Threei} Short Setup: LEH 16.19 trigger if stays under .30
[10:19] {Threei} in aggressively
[10:19] {Threei} stop .36
[10:19] {dino} gtls to .10
[10:21] {Onix} in ss LEH .28
[10:21] {dino} out gtls .12, +.62
[10:23] {esemde} swing long NVDA 11.57 full lot
[10:23] {magoo} vad, leh holding in a naz pullbk
[10:24] {Threei} so it will be stopped at .36
[10:24] {magoo} boy are you sensitive {again}
[10:24] {Threei} just not sure what you want me to do in the middle of the trade
[10:25] {magoo} just giving insight i too .31
[10:25] {magoo} sah
[10:25] {dino} stop fighting girls
[10:25] {magoo} that DOES IT
06[10:25] * magoo slaps dino around a bit with a large trout
[10:25] {Threei} lol
06[10:25] * magoo slaps Threei around a bit with a large trout
[10:26] {Threei} that's what aggressive entires are for, aren't they? less certainty in outcome, tighter stops
[10:27] {magoo} hey, i took it
[10:27] {magoo} just adding info as i see it
[10:28] {magoo} but mind u ..if it works..i not thanking u for all the smack i taking here
[10:28] {Threei} NIGERIAN OIL MIN: OPEN ON IDEAS FOR OPEC POLICY DECISION
[10:28] {dino} pcln green
[10:29] {Threei} hmmm... so far I see you being the only one smacking people left and right, lol
[10:30] {Threei} covering half LEH
[10:30] {Threei} scalpers take profit
[10:30] {magoo} my job in room
[10:31] {dino} lod's
[10:32] {Onix} LEH good ty Vad
[10:32] {dino} getting close to target
[10:32] {Threei} welcome sir
[10:33] {dino} cme fast drop
[10:33] {Threei} what's happening?
[10:33] {magoo} vad, look at qqq chart
[10:33] {Threei} LEH is 1: 3
[10:34] {Threei} I am out 16.06
[10:34] {dino} will 11330 hold
[10:34] {Threei} what about it magoo?
[10:34] {Threei} fell of a cliff
[10:34] {magoo} ok ok ...out .07 THANK U {sdaid i wouldn't..but had too say it}
[10:35] {Threei} lol
[10:35] {magoo} volume on the sell vad
[10:35] {Threei} how manly of you
[10:35] {Threei} yeah... friking AKAM
[10:35] {magoo} q volume sell side
[10:35] {Threei} too bad shook us out of balance earlier
[10:37] {Threei} *EIA NATURAL GAS INVENTORIES: +90 BCF V +90 TO +95 BCF RANGE OF ESTIMATES
[10:38] {dino} ok down 4% since tues highs
[10:38] {dino} buy the dips
[10:40] {dino} gtls sm l .45
[10:41] {dino} too soon
[10:42] {dino} eyes on ges again
[10:43] {magoo} i just gave LEH your phone number vad..expect a call
[10:45] {dino} ges sm l .10
[10:46] {magoo} l rimm here small
[10:46] {Threei} not picking up the phone
[10:46] {magoo} risky
[10:46] {dino} oh mannnnnnnnnnnn swiper, stop whining
[10:46] {magoo} got .30
[10:47] {dino} risky sm wide afam l .01
[10:47] {dino} never thought i'd get that fill
[10:48] {Threei} oil numbers soon
[10:48] {magoo} stopped rimm
[10:52] {dino} whers' my rally
[10:52] {Threei} UAUA forms ascending triangle on 1 min
[10:53] {Threei} if oil numbers are good and USO drops, has a chance to jump
[10:53] {magoo} here it comes dinop
[10:55] {dino} oh ohh, then market will crash i guesss w/good oil numbers
[10:55] {dino} oil cruished this week, markets crushed
[10:55] {dino} no reasoning
[10:56] {Threei} yeah, change of paradigm
[10:59] {Threei} wow
[10:59] {magoo} magoo looking up word in pistionary
[11:00] {Threei} DOE CRUDE: -1.9M V UNCHANGED EST.;
[11:00] {Threei} GASOLINE: -1M V -1.5ME; DISTILLATES: +413K V +800KE; UTILIZATION: 88.7% V 87.5%E
[11:00] {Threei} *API Inventory:
[11:00] {Threei} - Crude Inventories: +4.2M
[11:00] {Threei} - Gasoline: +935K
[11:00] {Threei} - Distillate:-157K
[11:00] {dino} what they hell is a pistionary
[11:02] {Threei} sitting out this jerkiness, letting market sort it out
[11:03] {Threei} morning was fgood, no need to spoil it gambling right now
[11:03] {Threei} fgood is good with fat fingers, not what you thought
[11:12] {dino} v sm wynn l .08
[11:14] {dino} afam stop to .15
[11:14] {dino} out .12 slip, +1.11
[11:15] {Threei} looks like back to business as usual for oil
[11:15] {Threei} wow dino
[11:16] {dino} lucky
[11:16] {Threei} watch for another sharp red bar USO
[11:16] {Threei} try to grab UAUA for scalp
[11:16] {Threei} ugh, happened as I typed
[11:17] {dino} aug lows dji
[11:17] {dino} dino wondering how the talking heads feel about tuesday morning worst is over crap
[11:18] {Threei} they long forgot about it
[11:18] {Threei} their attention span is less of that of daytraders
[11:19] {Threei} anyone got UAUA?
[11:19] {dino} ocln positive, strange
[11:20] {Threei} mama mia oil
[11:20] {dino} rally time imo
[11:20] {dino} pcln i mean
[11:20] {Threei} straight down
[11:21] {dino} bucy chart ouch 72 to 51 in 4 days
[11:22] {dino} rally not happening
[11:22] {dino} ok patience -300 coming
[11:22] {Roman} time to flip some houses
[11:23] {dino} :)
[11:32] {Threei} TSX is getting third day of cruel beating
[11:32] {Threei} down over 300
[11:33] {esemde} see ya tomorrow all.....still swing long NVDA
[11:33] {Threei} take care ese
[11:37] {dino} afam drop
[11:39] {patience} ok, just did a 10k run, did i miss anything?
[11:39] {Threei} lol... a lot actually
[11:39] {Threei} have a look at USO chart
[11:39] {Threei} it did its 10K as well :)
[11:40] {pita} cu all tomorrow
[11:40] {magoo} pita:)
[11:40] {Threei} take care pita
[11:42] {magoo} l aapl here .70 sm
[11:43] {magoo} stop .09
[11:43] {magoo} 300 shares..so stop 180 bux
[11:43] {magoo} lay out .31
[11:44] {dino} ilmn v sm l .23
[11:44] {magoo} hell take .25
[11:45] {magoo} Out .55
[11:47] {magoo} tough crowd
[11:47] {magoo} easy button trade
[11:47] {patience} magoo...your my hero!
[11:47] {dino} lol
[11:47] {magoo} one minute trade with straight up
[11:48] {Threei} OK, I gought hard but can't resist
[11:48] {Threei} wtg magoo
[11:48] {Threei} gought = fought
[11:48] {Threei} oil low volume bounce
[11:49] {Threei} watch if it gives that red bar from here
[11:49] {Threei} UAUA is at good point for bounce
[11:50] {dino} out ges .44 +.36
[11:50] {_csepulve33} good morning
[11:50] {Threei} hi csepulve
[11:51] {dino} gm 33
[11:52] {magoo} vad, u stiull got that rally monkey?
[11:52] {Threei} no... gotta search for it
[11:52] {magoo} we need it
[11:53] {magoo} rrrrrrrrraaaaaaaaaallllllllllllllllyyyyyyyyyyyyyyyy
[11:56] {_andresy} Goog morning
[11:56] {Threei} hi andresy, welcome
[11:56] {_andresy} Hi csepulve
[11:57] {_andresy} Hi Threei
[11:57] {Threei} oil upward move put a dampening cloth on rally for now magoo
[11:57] {_andresy} So, how are you doing far?
[11:58] {Threei} rather well, thank you
[11:58] {_andresy} Good
[12:00] {Threei} USO feels to break 87 now, which should take UAUA under 12.20, with closer to 12 being bounce level
[12:01] {dino} welcome to the jungle andresy
[12:01] {dino} good day
[12:02] {_andresy} Thank you
[12:02] {_andresy} dino
[12:02] {_andresy} Bearish day, but i was expecting oil to go high
[12:05] {dino} don't expect
[12:06] {magoo} well vad..find monkey now while your sleeping..we gonna need him
[12:08] {dino} spnc
[12:08] {Chaeron} morning all
06[12:08] * magoo slaps Chaeron around a bit with a large trout
[12:08] {Threei} chaeron :)
[12:09] {Chaeron} thanks magoo... me you get in 2 seconds, Dave it takes you an hour
[12:10] {magoo} well...u a priority
[12:11] {dino} spnc bv sm l .20 risky
[12:11] {Chaeron} awwww... I feel special
[12:13] {Threei} Short Setup: UAUA .19 if stays below .25
[12:13] {Threei} just a scalp
[12:30] {Threei} invalidated
[12:36] {dino} spnc stop is .98 wicked
[12:40] {Threei} RIMM
[12:40] {Threei} watching for short
[12:40] {Threei} into bounce - around .15 - .25,
[12:40] {Threei} for breakdown - under .90
[12:44] {Threei} last bounce topped out just under 110.10
[12:44] {Threei} so sop would be above that
[12:44] {Threei} sop is a stop
[12:45] {Threei} look to cover around .50 - .60
[12:46] {Threei} over 1:1
[12:46] {Threei} feel free to take profit as you see fit
[12:47] {Threei} hit target perfectly
06[12:47] * Threei slaps magoo around a bit with a large trout
[12:47] {peterg} very nice call
[12:47] {Threei} ty
[12:48] {dino} lod going to hold? hmmm
[12:48] {Threei} feels like no
[12:49] {dino} feeling the same
[12:50] {dino} ilmn stop to .48
[12:51] {dino} make it .59
[12:51] {dino} spnc stopped -.22
[12:52] {dino} toughy
[12:53] {dino} maybe worth a try around lows
[12:54] {dino} out ilmn .68, +.45 reverse slip, wierd
[12:56] {peterg} weird
[12:57] {peterg} sorry cant help it
[12:58] {dino} lol
[12:58] {dino} was thinking i before e except after c
06[12:59] * Threei slaps laserdave1 around a bit with a large trout
[12:59] {peterg} and sometimes w
06[12:59] * magoo slaps laserdave1 around a bit with a large trout
[13:00] {laserdave1} this market is relentless
[13:00] {laserdave1} wow
[13:00] {Threei} sure is... no snapback after such selloff for days
[13:00] {patience} tsx down -296
[13:00] {Threei} but it's coming
[13:00] {laserdave1} today?
[13:00] {patience} y
[13:01] {Threei} my feel is at this moment:
[13:01] {Threei} one more test of low, then upward thrust
[13:02] {Threei} if/when it comes, RIMM should be good for couple points
[13:03] {magoo} i cant remember when RIMM was down over 5 pts 3 days straight
[13:04] {Threei} if you are willing for a few attempts:
[13:04] {Threei} one would be RIMM long here with stop under .50
[13:04] {Threei} another, long on 110 break if holding aabove .70
[13:04] {magoo} how about AAPL vad?
[13:05] {Threei} not sure
[13:05] {Threei} less readable to me
[13:05] {dino} spnc halted
[13:06] {Threei} earlier on it:
[13:06] {Threei} WEAKNESS ATTRIBUTED TO VAGUE RUMOR OF REGULATORS RAIDING OFFICES OF THE COMPANY
[13:06] {Threei} - also chatter that the company has cancelled a conference call with Barrington today.
[13:06] {Threei} - reminder: the stock was cut to Sell by Goldman Sach early this morning
[13:07] {Threei} here comes test of the low
[13:07] {Threei} RIMM not making new low so far
[13:07] {Threei} AAPL does
[13:07] {Threei} RIMM remains my choice for a bounce play
[13:08] {Threei} in RIMM
[13:08] {Threei} got .65
[13:08] {Threei} stop under .40
[13:08] {Threei} reminder, be ready for a few tries
[13:08] {laserdave1} hopefully market double bottoms
[13:09] {Threei} AAPL new lows again
[13:10] {Threei} NQ jump over 1800 should start meaningful bounce now
[13:11] {Threei} come on market, grow a set, will ya
[13:12] {patience} nice vad, i'm betting we drop below 11k on the dow in next few days
[13:12] {laserdave1} long rimm and aapl
[13:12] {Threei} very possible patience
06[13:13] * Chaeron slaps laserdave1 around a bit with a large trout
[13:13] {Threei} selling is so sustainable, I woj't be surprized to see more of it
[13:14] {Threei} AAPL puts a lid on a bounce
[13:14] {laserdave1} stopped aapl
[13:14] {Threei} told ya it was no good
[13:14] {Threei} weakest link
[13:14] {laserdave1} i am just palying market bounce
[13:15] {laserdave1} but was rong
[13:15] {laserdave1} they jigged it lower
[13:15] {Threei} now with AAPL
[13:15] {Threei} RIMM is better choice
[13:15] {Threei} now = not
[13:15] {Threei} now worky
[13:15] {Threei} lol... now = no
[13:16] {Threei} and see who led new leg down
[13:16] {Threei} AAPL did
[13:19] {laserdave1} ok im long \both again
[13:19] {laserdave1} tight stops
[13:19] {Threei} magoo
[13:20] {Threei} http://www.rallymonkey.com/oldvideo.php
[13:21] {Threei} selloff is not done yet IMO
[13:21] {Threei} bounce attempts are unconvincing
[13:21] {Threei} not rushing in for another attempt
[13:22] {patience} tsx down -351, going lower imo
[13:28] {dino} ok give us the whoosh down
[13:28] {dino} -300 patience
[13:29] {patience} -375
[13:29] {patience} nasty nasty nasty
[13:29] {Threei} FED'S FISHER: SEES ANEMIC US GROWTH OVER THE NEXT SEVERAL QUARTERS, DECLINES IN COMMODITY PRICES MAY NOT LAST - USA TODAY INTERVIEW
[13:34] {Threei} back in RIMM
[13:34] {Threei} got .85
[13:34] {Threei} sorry, late post
[13:34] {magoo} lol .76
[13:34] {Threei} too fast
[13:34] {Chaeron} arrg
[13:34] {Chaeron} nice job you two
[13:35] {Threei} half out .35
[13:35] {Threei} +.50 if my math is right
[13:36] {Threei} .79 stop
[13:36] {Threei} stop to .95, no lose territory
[13:37] {Threei} offering .95
[13:37] {magoo} out .60
[13:37] {magoo} ty
[13:38] {Threei} 109.95 that is... while stop is at 108.95
[13:38] {Threei} to make sure my handles are right :)
[13:38] {Threei} good one mags
[13:38] {Threei} didn't take long too
[13:39] {Threei} why did I forget to return to UAUA short when it reinstated itself?
[13:39] {laserdave1} i think bounce again now
[13:39] {laserdave1} lol
[13:39] {laserdave1} can the market really be this sick
[13:39] {Threei} worked perfectly of .20 breakdown
[13:39] {Threei} sigh... attention span of a moth
[13:40] {Threei} dave... "market can stay irrational longer than you can stay solvent" :)
[13:40] {Threei} that's why they inveneted stops
[13:40] {laserdave1} bear markets can last years
[13:40] {Chaeron} and poor houses
[13:40] {laserdave1} it was like an exprssion
[13:40] {laserdave1} like how relentless
[13:41] {laserdave1} dow can easily test 10k
[13:41] {Threei} so what
[13:41] {Threei} we have big red day roday, yet go over calls
[13:41] {Threei} nicely in profit
[13:42] {laserdave1} you are misunderstanding me
[13:42] {Threei} nah
[13:42] {laserdave1} some of my biggest days are when markets go down
[13:42] {Threei} I am just looking for an excuse to slap you
[13:42] {laserdave1} u dotn need an excuse
[13:42] {laserdave1} uknow that
[13:42] {Threei} on second thought... really
06[13:42] * Chaeron slaps laserdave1 around a bit with a large trout
[13:42] {Threei} why do I need an excuse
[13:42] {Chaeron} see?
06[13:42] * Threei slaps laserdave1 around a bit with a large trout
[13:43] {Threei} you are right chaeron
[13:43] {dino} most of my biggest are days like this
[13:43] {Threei} raise your hands who is in the money today
[13:44] {dino} :)
[13:44] {Threei} smile will do to
06[13:44] * Threei slaps dptl around a bit with a large trout
[13:44] {Threei} I know you are
[13:45] {Threei} what, that's it? who am I calling them for
06[13:45] * Threei is ready to remove himself to monastery
[13:45] {patience} i'm waiting vad....getting ready to go shopping :)
[13:46] {Threei} after 3 days of window shopping? :)
[13:46] {dino} oil moving up
[13:46] {patience} i'm just waiting for some ag stocks to hit technical lows
[13:46] {dino} 4.7% pretty good 3 day discount
[14:02] {Threei} getting tempted by RIMM again
[14:04] {Threei} missed I guess
[14:04] {Chaeron} was just going to ask
[14:04] {Threei} hesitated too long
[14:05] {Threei} 109.05 trigger if holding .90
[14:07] {Chaeron} invalidated?
[14:07] {Chaeron} it's froggy
[14:07] {Threei} hard to tell
[14:07] {Threei} a bit too jumpy
[14:08] {Threei} ok, in
[14:09] {Threei} stop under .70
[14:12] {Threei} FED'S FISHER: UNFUNDED LONG TERM LIABILITIES POSE THE LARGEST THREAT TO THE US ECONOMY
[14:12] {dino} -5% dji 3 days, getting excessive imo
[14:13] {Threei} and yet
[14:13] {Threei} new wave of selling coming it seems
[14:13] {Threei} out RIMM with chicken feed
[14:13] {dino} 11131 next support
[14:13] {Threei} want to wait it out
[14:13] {Threei} plus 4 cents
[14:13] {Threei} lol
[14:13] {Threei} I better don't spend it all it once
[14:14] {Threei} holding rather well
[14:16] {Threei} RIMM
[14:16] {Threei} HEARING AMTECH CUTTING ESTS AND PRICE TARGET TO $190 FROM $205 (TIMING UNCERTAIN)
[14:16] {magoo} where the hek is your ppt
[14:16] {magoo} price protection
[14:17] {Threei} 190?
[14:17] {Threei} lol
[14:18] {Threei} PIMCO'S GROSS: MARKETS NEED $400-500B OF NEW CAPITAL TO STEM FLOW OF ASSET DELEVERAGING - CNBC COMMENTS
[14:18] {Threei} - Treasury is hindered by upcoming election
[14:18] {Threei} - at this point unwilling to buy into new capital raising rounds by financial institutions
[14:19] {patience} tsx down 1000 points in 3 days, nbow down -410 oh my my
[14:20] {Threei} why did we ever cover that LEH short?
[14:20] {peterg} what is asset deleveraging? loans called?
[14:21] {Threei} freeing bank balancer sheets from mortgage exposure, as I read it
[14:21] {Threei} by whatever means it could be done
[14:23] {dino} dji -601; 11790-11189
[14:23] {Threei} but you better verify with someone better versed in bank-speak
[14:23] {dino} putting on some sm swings
[14:24] {Threei} to me, all statements by those people come to "we want to sell you something" and "oh no, don't try to do it yourself"
[14:25] {dino} ges sm l .90
[14:25] {Threei} the day I find financial advisoer working in a local bank branch who made a single dime by trading his own money will be the day I mark in my calendar and celebrate every uear from than moment on
[14:31] {dino} fed's yellen is yelling on cnbc
[14:32] {dino} commodity drops helping fed: read no increase, perhap[s room to cut if they must
[14:32] {Threei} FED'S YELLEN: SLUGGISH GROWTH SEEN IN 2H08,, INFLATION RISKS HAVE FALLEN, BUT STILL AT FOREFRONT, PRICING PRESSURES HAVE NOT DISAPPEARED,SEES INFLATION SLOWING IN 2009, INFLAT
[14:32] {Threei} - Notes does not see a wage price spiral,
[14:33] {dino} hard to spiral w/cuts
[14:33] {dino} in jobs
[14:33] {Threei} you are good at decoding fed-speak dino
[14:33] {Threei} FED'S FISHER: FNM AND FRE ARE FOR THE TREASURY TO HANDLE - Q&A
[14:33] {dino} lol
[14:34] {Threei} Treasury: what?? why us??
[14:35] {Threei} - Notes does not see a wage price spiral, expects inflation to fall to just above 2% in 2009
[14:35] {Threei} - Pricing pressures have no disappeared, but tight credit conditions are making rate policy more difficult, US enduring a 'severe' credit crunch
[14:35] {Threei} - Sees housing prices falling further, overseas economices are suffering from slow US economy
[14:36] {Threei} what's their salary?
[14:36] {Threei} I can make all these statements for 10% of what they get
[14:37] {Threei} save their shareholders a lot of money
[14:39] {_csepulve33} any salmon on the market?
[14:40] {Threei} OMCL is
[14:40] {Threei} GEOY
[14:40] {dino} mdvn, apol, skf
[14:40] {dptl} have a good rest of the day all.......see ya tomorrow:)
[14:41] {dino} tlt
[14:41] {Threei} TASR
[14:41] {dino} clne
[14:41] {Threei} take care dp
[14:41] {dino} ges
[14:41] {dino} cya dp
[14:44] {cosmo} CLNE up
[14:45] {cosmo} 19
[14:46] {cosmo} testing
[14:47] {cosmo} passes
[14:48] {dino} gj
[14:49] {cosmo} maybe...
[14:50] {dino} pcln
[14:58] {dino} up we go
[15:00] {_csepulve33} any oportunity?
[15:00] {dino} indeed
[15:00] {dino} rimm, ges, pcln,
[15:01] {dino} ilmn
[15:01] {dino} ones from earlier trades imo
[15:05] {magoo} VVVVVVVVVVAAAAAAAAAAAADDDDDDDDDDDDDDDD
[15:05] {magoo} read rimm please
[15:05] {_csepulve33} up
[15:05] {Threei} R
[15:05] {Threei} I
[15:05] {Threei} two Ms
[15:05] {Threei} get it on pullback
[15:05] {_csepulve33} double bottom?
[15:06] {Threei} .30 is nearest support fo it
[15:10] {Threei} first strength from here
[15:11] {Threei} stop under .30
[15:11] {magoo} in .49
[15:13] {Threei} OMCL up 25 cents since mention
[15:14] {Threei} salmons are salmons
[15:15] {_csepulve33} INTC support break
[15:16] {Threei} RIMM over 1:2 with .50 or so entry
[15:16] {Threei} over 1:1 sorry
[15:18] {magoo} was wait .89
[15:18] {magoo} missed
[15:22] {Threei} wow... more panic
[15:24] {dino} ?
[15:28] {Threei} back in RIMM for bounce scalp
[15:28] {Threei} stop under .70
[15:29] {Threei} no worky
[15:29] {Threei} been a serious while since selling was that relentless
[15:30] {Threei} usually even on big red days we were getting nice bounce closer to end of day
[15:30] {Threei} look at that
[15:31] {laserdave1} RIMM violence
[15:32] {magoo} ive never seen RIMM so bad for 3 days straight
[15:33] {Threei} actually, 5 red days in a row on it
[15:33] {dino} pcln stop to .64
[15:33] {Threei} accelerating
[15:33] {dino} out +.62
[15:34] {dino} in june vad, look at rimm chart
[15:34] {laserdave1} qqqq big bar up
[15:34] {laserdave1} they have stuffed every rally atttmept
[15:34] {laserdave1} so we will see
[15:36] {dino} darn, missed my entry ilmn, now up .80
[15:36] {dino} xto, chk green...natural gas
[15:40] {dino} out ges .55 -.35
[15:42] {Threei} gosh... I didn't prepare that much popcorn for today
[15:49] {dino} ok gotta hop, baseball
[15:49] {dino} thx all
[15:49] {Threei} take care dino
[15:49] {peterg} later big buy
[15:49] {peterg} guy
[15:49] {Threei} mags... and we thought we would get a snapback day today, eh? :)
[15:49] {_andresy} Bye dino, thank you
[15:50] {Threei} -320 DJI instead
[15:50] {Threei} -50 NQ
[15:50] {peterg} snap tomorrow
[15:51] {peterg} maybe
[15:51] {peterg} since we are philosophical probabalists
[15:51] {_csepulve33} good bye take care
[15:51] {peterg} probababalistic philosophers. by 33
[15:52] {Threei} ese's NVDA held not too bad actually
[15:52] {peterg} by swing did he mean overnite
[15:53] {Threei} possibly longer
[15:56] {Threei} finishing at the low
[15:58] {Threei} wow... can't stop watching :)
[15:59] {peterg} sense of carnage?
[15:59] {Threei} close to it
[15:59] {peterg} yep
[15:59] {patience} sense of puking yet?
[15:59] {peterg} feel good so far
[15:59] {peterg} in cash for months now
[15:59] {patience} laughing, not you, the market
[16:00] {Threei} that's a good feeling
[16:00] {Threei} imagine being fully invested
[16:00] {patience} just started some buying
[16:00] {Threei} now if you think that's bad - imagine being fully margined
[16:00] {patience} laughing, oh well, i can hold em
[16:01] {Threei} ok guys, thank you all
[16:01] {Threei} have a good evening
[16:01] {Threei} tomorrow will be very interesting
[16:01] {peterg} thks, gnight, till tmo
[16:01] {peterg} yes
