Sept 09 2008
[08:22] {magoo} good morning vietnammmmmmmmm!!!!!!!!!!!!!!!!!
[08:22] {magoo} certainly been a war of late lol
[08:23] {Threei} good morning :)
[08:23] {Threei} WB
[08:23] {Threei} CEO: CONFIDENT THAT THE COMPANY IS NOW TAKING STEPS IN THE RIGHT DIRECTION
[08:23] {Threei} - Notes 87% of people affected by cuts have been notified so far
[08:24] {Threei} oil is gapping down... again
[08:29] {magoo} aapl event today..release of new products {ipod} i believe
[08:29] {magoo} news say what time vad?
[08:31] {Threei} all I see is Sony launching music service
[08:31] {Threei} and ERTS saying new game will be available on iphone
[08:32] {Threei} tech sector is incredibly weak
[08:32] {Threei} that was what supressed nasdaq yesterday
[08:33] {Threei} even though Dow ended green losing half of the gap, Nasdaq actually managed to go back in red
[08:33] {magoo} i know, cnbc talking about the rally yesterday..but naz red
[08:34] {magoo} but positive about aapl event today
[08:35] {Threei} in this climate, it will be dumped into
[08:35] {Threei} look at it right now
[08:35] {Threei} NQ's up 6.25
[08:35] {Threei} AAPL'a down 80 cents
[08:35] {Threei} and everyone knows about event, no?
[08:35] {magoo} so..pop off news posible and sold?
[08:36] {Threei} but it's not even news anymore if it's preannounced
[08:36] {Threei} I'd say, non-event
[08:36] {magoo} true,...hey, could u check see if bidu news out there?
[08:37] {Threei} 08/13/08 01:01pm [BIDU] Hearing Citigroup making positive comments (timing uncertain)
[08:37] {Threei} that's all
[08:38] {Threei} at this point, it's just a general sector weakness for all of them
[08:39] {Threei} until money flow reverses, no mediocre news events will help
[08:40] {Threei} thumb through the techs charts
[08:40] {Threei} BRCM, NVDA, RIMM, AAPL, KLAC
[08:41] {Threei} see?
[08:41] {cosmo} QGEN pre mkt high = 20.50 so far
[08:42] {cosmo} no news
[08:43] {Threei} - Energy: Saudi Arabia Oil Min Naimi noted that his country has been working hard since June to raise its production output to help bring prices to current levels. Saudi reiterated that the market remains adequately well balanced. OPEC President Khelil stated that there was no need for production cuts at this time and noted that prices would continue to decline even if OPEC cut supply. The Iranian OPEC Gov says some OPEC Members see the need for quota adherence. A Libya says general mood in OPEC focuses towards enforcing compliance, not a cut in output ceiling. Libya stated that the world could cope with oil at $100 per barrel. The National Hurricane Center noted that Hurricane Ike was weakening and currently a category 1 storm. Ike was Expected to be in the South-Eastern Gulf of Mexico on Wednesday.
[08:44] {cosmo} knee?
[08:44] {Threei} ?
[08:45] {Threei} WB CEO: "EXCEEDINGLY OPTIMISTIC" ABOUT OUR OUTLOOK
[08:45] {Threei} uh oh
[08:45] {cosmo} need?
[08:46] {Threei} exceeding optimism is an ominous sign
06[08:46] * Threei is bidding WB at 10 cents
[08:52] {magoo} WM active this morn..neg
[08:52] {magoo} FUL down 4
[08:52] {Threei} all fins in the red
[08:53] {magoo} u ever play SKS?
[08:53] {magoo} SKF
[08:53] {Threei} no
[08:53] {cosmo} UAUA
[08:57] {Onix} good morning all
[08:57] {Threei} Onix :)
[09:04] {Threei} 09/08/08 05:00pm
[09:04] {Threei} [EFUT] Efuture Information Technology Inc. Reports Q2 $0.35 v $0.00 y/y, R$3.5M (+104% y/y) (no est)
[09:04] {Threei} - Guides FY08 Rev $19M-$20M (no est)
[09:04] {Threei} - Backolg $6.1M
[09:04] {Threei} - Gross Margin 57.1% v 54.1% y/y
[09:09] {fernp} Good morning all
[09:09] {Threei} fern :)
[09:09] {peterg} gm all
[09:09] {Threei} peter :)
[09:10] {Threei} so far GSE bailout is not killing USD as was widely expected
[09:10] {Threei} if these morons manage to save financials without killing USD, I will be very impressed
[09:11] {Threei} would be even more impressed if they had enough brain power to avert such crises instead of putting fires out when whole forrest is burning
[09:12] {Threei} I mean... was there any bubble in the past that was so clearly bubble, as housing? every shoeshiner, and even CNBC commentators said it was a bubble
[09:13] {Threei} even tulips were not that transparent
[09:14] {dptl} good morning all
[09:14] {Threei} dp :)
[09:15] {magoo} vad, whats symbol for naz?
[09:15] {Threei} hmm?
[09:15] {Threei} what do you mean?
[09:16] {Threei} futures? composite? doble short?
[09:17] {tomg} gm all
[09:17] {Threei} tom :)
[09:18] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {Threei} be back in 5
[09:27] {Threei} LEH dump
[09:27] {Threei} 07/15 low is not that far
[09:30] {Threei} looking for spike to short
[09:31] {magoo} prob a bounce play now
[09:31] {Threei} yeah, don't want to chase...
[09:33] {Threei} missed
[09:34] {Threei} thought of .80 break as a short
[09:34] {Threei} morning spikes were concern
[09:34] {Threei} easy to get caught
[09:34] {magoo} a bounce somewhere
[09:36] {judijim} good morning all
[09:36] {Threei} jj :)
[09:37] {Threei} US INTELLIGENCE AGENCIES NOTE THEIR BELIEF THAT KIM JONG IL HAS SUFFERED A STROKE
[09:37] {dino} good
[09:38] {Threei} .21 long if holdong .10
[09:38] {Onix} leh?
[09:38] {Threei} yes
[09:39] {Threei} keep stop religiously
[09:39] {Threei} if losing .10, dump has potential of catastrophic
[09:39] {Threei} 1:1
[09:40] {dino} apol sm s .00
[09:40] {Threei} now short on .10 breakdown
[09:40] {Threei} stop about .25
[09:41] {Threei} invalidating level .40
[09:41] {Threei} if holding half from first entry, hold it
[09:41] {Threei} stop is the same
[09:42] {dino} apol stopped -.38
[09:43] {Threei} look to dump second half here
[09:43] {magoo} out long now..got lucky
[09:43] {magoo} .54
[09:43] {magoo} from .21
[09:43] {Roman} wow
[09:43] {Threei} good
[09:43] {magoo} scared me
[09:43] {Threei} KOREAN FINANCIAL SERVICE DENIES THAT TALKS HAVE ENDED BETWEEN LEH AND KDB
[09:43] {Threei} this is what sent it flying
[09:43] {magoo} was gonna cover and short in one stroke at loss of .10
[09:44] {Threei} earlier was reported that they are not interested
[09:44] {magoo} as in sell double position
[09:44] {Threei} that would be a way to go if it lost .10
[09:44] {magoo} yeah..cover and become short in one fill
[09:45] {Threei} Short Setup: BRCM .34 if stays below .50
[09:45] {dino} fmcn sm l .30
[09:47] {Threei} NVDA
[09:47] {Threei} TICKING HIGHER ON RENEWED TAKEOVER CHATTER
[09:47] {Threei} - Lenovo rumored as potential acquirer
[09:47] {dino} ilmn sm l .92
[09:48] {Threei} OK, first one was good on LEH
[09:48] {Threei} want to let it define a range now
[09:48] {Threei} .50 is a support to hold from this moment on
[09:48] {_csepulve33} good morning!
[09:49] {Threei} .70 - .75 area to break
[09:49] {Threei} csepulve :)
[09:49] {Threei} let's try half lot long on .70 break
[09:49] {Threei} stop under .50
[09:50] {Threei} see how .70 rejects it?
[09:50] {Threei} good entry for long if breaks
[09:50] {Threei} BRCM invalidated
[09:51] {magoo} sh rimm here sm .62
[09:53] {magoo} stop .02
[09:53] {Threei} over 1:1
[09:53] {Threei} half out
[09:53] {Threei} scalpers be happy
[09:53] {tomg} ty vad
[09:53] {Threei} welcome sir
[09:54] {magoo} stopped
[09:54] {Onix} ty Vad, not so scary this time
[09:54] {Threei} yeah, as morning volatility gets exhausted they become easy somewhat
[09:54] {Threei} unless chicago tribune publishes news from 1929
[09:55] {Threei} who kept half, offer if about 13.20
[09:55] {Threei} while trailing stop to .65
[09:55] {Roman} long SIRF 2.36-37
[09:57] {Threei} Short Setup: CSIQ .80 half lot
[09:58] {Threei} over 25.05 invalidated
[09:58] {magoo} CSIO or CSIQ?
[09:58] {magoo} red cant tell
[09:58] {Threei} CSIQ
[09:59] {magoo} ty
[09:59] {_csepulve33} here we go on CSIQ
[10:00] {Threei} JULY PENDING HOME SALES (M/M): -3.2% V -1.5%E
[10:00] {Threei} JULY WHOLESALE INVENTORIES: 1.4% V 0.7%E
[10:00] {Threei} 1:1 easy
[10:01] {Threei} feel free to cover as you see fit
[10:01] {Threei} I am out .45
[10:01] {tomg} good one vad,ty
[10:02] {Threei} welcome
[10:02] {_csepulve33} vad, wonderful play on CSIQ
[10:02] {Threei} fast and easy
[10:02] {Threei} just as we like'em
[10:05] {Threei} Short Setup: LEH .50 breakdown if stays under .70
[10:05] {Threei} let's keep it to half lot
[10:08] {Threei} AAPL low volume pullback
[10:08] {magoo} in leh .52
[10:09] {Threei} just a scalp mags
[10:09] {Threei} AAPL small shares long on 158 cross back
[10:09] {magoo} cover .38 TY
[10:10] {dino} sm l isys .96
[10:11] {Threei} market dump
[10:17] {dino} fmcn stopped -.36
[10:19] {dino} out ilmn .86, +.90
[10:19] {dino} .94 i mean
[10:22] {dino} v sm l skf .50
[10:24] {Onix} ty for AAPL Vad
[10:27] {Threei} sure
[10:27] {Threei} MOVES BELOW $12, LOWEST SINCE AUG 1999
[10:27] {Threei} LEH
[10:28] {Threei} why didn't we short .10 break, could anyone tell me?
[10:28] {dino} out skf 50, +1.00
[10:31] {dino} hmmm, no takers
[10:31] {Threei} we are full of envy
[10:31] {dino} yeah, that'll be the day
[10:32] {Threei} LEH has this look "short me wherever"
[10:34] {Threei} not easy to time it but it feels like bottomless pit today
[10:35] {Threei} 11 is total possibility
[10:37] {Threei} .50 shapes up as a short trigger
[10:37] {dino} v sm s skf .60
[10:37] {Threei} why did we ever cover CSIQ?
[10:38] {magoo} why i cover LEH:)
[10:39] {Threei} yeah
[10:42] {Threei} action is jerky and listless right now, waiting for something to shape up
[10:44] {dino} indeed
[10:48] {dino} stopped kkf -.60
[10:50] {dino} skf
[10:52] {Threei} here comes 11 LEH
[10:52] {Onix} ty for LEH Vad, got 30c
[10:52] {dino} v sm last try skf l .00
[10:52] {Threei} direct hit 11
[10:52] {Threei} [10:35] {Threei} 11 is total possibility
[10:53] {Threei} welcome Onix
[10:53] {magoo} nice read
[10:53] {Threei} mama mia
[10:53] {magoo} u just didn't want magoo to make the big bux
[10:54] {Threei} why not? I said .50 short trigger
[10:55] {tomg} ty leh, vad, cover?
[10:55] {magoo} teasing
[10:56] {magoo} feels like 8 possible
[10:56] {Threei} tom... no idea honestly
[10:56] {Threei} bottomless
[10:56] {tomg} k, ty
[10:56] {Threei} cover and be happy
[10:56] {tomg} ok
[10:56] {magoo} i said that at 10
[10:56] {magoo} its 8
[10:57] {Threei} [10:32] {Threei} LEH has this look "short me wherever"
[10:57] {dino} skf stop to 109.00
[10:57] {Threei} just how frikin true was that
[10:57] {magoo} panic vad
[10:58] {magoo} vad, look at low he he
[10:58] {Threei} great feel
[10:58] {dino} stopped +2.00
[11:00] {Threei} you out tom?
[11:00] {tomg} yes, ty vad
[11:00] {Threei} dino... +2 is not stopped :)
[11:02] {dino} lol, well it hit my stop :)
[11:02] {Threei} I know... it's just word stopped is loaded with negative connotation :)
[11:03] {magoo} amazes me is dino trades in dollar scalps
[11:04] {dino} reverse your thinking (as you taught me). stops are good
[11:04] {Threei} matter of taste mags... one likes watermelon, another likes roasted pig tails
[11:05] {magoo} what theeeee????
[11:05] {magoo} confusing mags
[11:06] {dino} pork rinds
[11:06] {Threei} 10 break was long according to chart but I really didn't want to get you into that
[11:06] {Threei} risk is enormous
[11:06] {Threei} look at POT
[11:06] {Threei} sheesh
[11:08] {dino} say no to drugs vad
[11:08] {Threei} lol
[11:08] {dino} march support 134, then jan 107ish
[11:09] {dino} ma messing w/yesterdays' lod
[11:11] {dino} cyn sm s .20
[11:13] {Threei} LEH
[11:13] {Threei} REPORTEDLY DISCUSSIONS WITH KDB HAVE ENDED; ALSO DISCUSSING OPTIONS WITH STRATEGIC INVESTORS, THE RESULTS OF WHICH WILL BE ANNOUNCED NEXT WEEK
[11:13] {Threei} - note: conflicts with the earlier report stating talks with KDB continue
[11:13] {Threei} nor fresh
[11:15] {Threei} SPOKESPERSON DECLINES COMMENT ON SHARE PRICE ACTION THIS MORNING
[11:18] {Threei} can I comment for him?
[11:18] {Threei} LEH HEARING DEFENDED AT CITIGROUP (TIMING UNCERTAIN)
[11:18] {Threei} lol
[11:26] {dino} cyn stopped -.37
[11:29] {Threei} tough decision... LEH chart gave long signal a few times but I just can't bring myself to do it
[11:32] {magoo} i'll do it..where?
[11:32] {Threei} off 10
[11:32] {Threei} chart says so... but if any news hits...
[11:34] {Threei} retest is not very good
[11:36] {Threei} I don't know mags... eaither keep stop under 9.90 or just cut it lose on this spike
[11:36] {Threei} no way to tell
[11:37] {magoo} ok
[11:37] {magoo} vad, any recent news goog
[11:38] {Threei} nothing worth mention
[11:41] {magoo} than dont mention it lol
[11:42] {magoo} out leh flat
[11:42] {magoo} scaring me
[11:43] {Threei} can't blame you
[11:43] {Threei} this is the situation where any line in the news can send it either way in a hurry
[11:45] {dino} sm l ilmn .21
[11:47] {Threei} we had a very good morning. I intend to switch if profit preservation mode, becoming very picky and controlling risk tighter than KGB controls lose cannon journalists
[11:47] {Threei} if = to
[11:47] {Chaeron} lol... GM all
[11:47] {Threei} chaeron :)
06[11:48] * magoo slaps Chaeron around a bit with a large trout
[11:48] {Threei} LEH
[11:48] {Threei} FED DECLINES COMMENT ON SHARE PRICE DECLINE
[11:48] {magoo} like they can control that
[11:48] {Threei} can it be read as "it's not deemed too big to fail"?
[11:48] {magoo} not confidence inspiring
[11:49] {magoo} news RIMM vad?
[11:49] {Threei} nope
[11:52] {magoo} good out leh huh?
[11:52] {Threei} oh yeah
[11:53] {Threei} this is not a time to be sloppy with stops
[12:01] {magoo} sh rimm small .90
[12:01] {Threei} LEH
[12:01] {Threei} SEC DECLINES COMMENT ON SHARE PRICE ACTION
[12:01] {Threei} hmmm
[12:01] {Threei} I want top see PETA declining to comment in share price action
[12:01] {Chaeron} they're next up on the list aren't they?
[12:03] {Threei} well, when weak animal is being thrown out on predators mercy, don't you expect PETA to express their opinion?
[12:04] {magoo} wait .69
[12:06] {magoo} stop .17
[12:06] {magoo} small
[12:07] {magoo} not cutting .69
[12:07] {magoo} lower feels
[12:10] {dino} out ilmn +1.00 at .21
[12:10] {dino} wow, what a spike
[12:10] {dino} now that was luck
[12:11] {Threei} no kidding
[12:11] {dino} all that clean living
[12:11] {Threei} lol
[12:12] {dino} payback for yesterdays uaua f job
[12:13] {magoo} covered rimmhere .39
[12:13] {magoo} 12:01] {magoo} sh rimm small .90
[12:14] {dino} gj
[12:20] {Threei} hmm... LEH break of 9...
[12:20] {Threei} hard to tell guys
[12:20] {Threei} on your own discretion
[12:20] {Threei} looks tempting
[12:20] {Threei} risk sure is big
[12:21] {Threei} 9.15 upper limit
[12:21] {Threei} maybe modest shares
[12:23] {Threei} the longer it can't break over .15 the better breakdown setup is
[12:23] {Threei} broke... off for now
[12:24] {Threei} on again
[12:24] {Threei} lol
[12:25] {Threei} HOUSE MAJORITY LEADER DISCUSSING PROVIDING FUNDS FOR AUTO INDUSTRY
[12:25] {Threei} {GM F}
[12:25] {Threei} GM spike
[12:26] {Threei} had enough of bailouts yet?
[12:27] {Threei} - Discussions focus on providing $25B in loans. Notes timing has not been settled on, but that the amount could rise
[12:27] {dino} algt
[12:29] {Threei} heat increases on LEH
[12:30] {dino} at this rate the gov't will own everything in a year.
[12:30] {dino} they need to let them fail or file bankruptcy
[12:31] {Threei} no kidding
[12:31] {Threei} moral hazard full blast
[12:31] {dino} cracks me up, most of upper management keeps their jobs too. what the heck, they got us into these messes
[12:33] {dino} i know, lets' wipe out the suckers "(shareholders) and keep our jobs
[12:34] {Threei} really amazes me
[12:34] {Threei} poor Ayn Rand
[12:34] {Threei} everything was in vain
[12:34] {dino} and the politicians claim the are for the little guy....seems to me the little guys' pension/retirement plans/mutual funds, are getting the brunt of it
[12:35] {Threei} that was major claim that excused all the action that runied the country in the book I just referred to
[12:35] {Threei} little guys have to be given a chance
[12:36] {Threei} first who names the book obtains a prize to be determined yet
[12:36] {peterg} atlas shrugged
[12:36] {Threei} hint: Who is John Galt?
[12:36] {dino} and big guys need to be thrown out, without golden parachutes, when they mess up
[12:36] {Threei} peter :)
[12:36] {peterg} fountainhead
[12:36] {dino} geeze, fnm, fre ceo's are getting millions to walk
[12:36] {dino} why!!!!!!!!!!!!!!!!!!!!!!!!
[12:37] {peterg} Former head of home depot, now chrysler
[12:37] {peterg} my favorite hit man
[12:37] {peterg} whats his name
[12:37] {peterg} toxic jerk
[12:37] {Threei} umm
[12:38] {Threei} which of these is first name and which is lasdt
[12:38] {magoo} calm down dino
[12:38] {peterg} Narcussus?
[12:38] {magoo} ranyting here
[12:38] {peterg} Nardelli
[12:38] {peterg} lol vad
[12:39] {dino} i know, but when i mess up, i take a hit, they get rewarded
[12:39] {peterg} s*** runs downhill
[12:40] {peterg} little guys get it for Abi Gharaib
[12:40] {peterg} want to see Cheney behind bars
[12:40] {peterg} I have only just begun to rant
[12:41] {Threei} I just want to stay away from hunting with him
[12:41] {peterg} famous patriot admiral so an so's statement, John Paul Jones
[12:41] {peterg} good idea
[12:42] {Threei} OK LEH
[12:42] {magoo} hes nothing..u should hunt with our club lol
[12:42] {Threei} feel free to start covering
[12:42] {Threei} IMO, it's not done dropping
[12:43] {dino} isys stop to .40
[12:52] {Threei} what does this mean:
[12:52] {Threei} LEH
[12:52] {Threei} US TREASURY NOTES THAT THEY STAY IN TOUCH WITH WALL STREET FIRMS ON A REGULAR BASIS
[12:53] {dino} they have been loaning all the brokers money since april 3i, discount window
[12:53] {Threei} yes
[12:53] {dino} thats what it means
[12:53] {dino} they are watching and scared
[12:54] {Threei} ok... you are good at this, and I think I know why
[12:54] {Threei} you have to decode magoo=speak every day
[12:54] {Threei} can't be easy
[12:54] {dino} lol
[12:54] {magoo} that does it
[12:54] {Threei} and sure is great training
06[12:54] * magoo slaps Threei around a bit with a large trout
[12:54] {Threei} hehe
[12:54] {Threei} I know I walked right into it
[12:54] {dino} i just don't trust.....simple as that
[12:57] {Threei} who is/was bigger, BSC or LEH?
[12:57] {Threei} anyone knows?
[12:57] {magoo} leh my guess
[12:58] {magoo} who bigger?vad or dino anyone
[12:58] {Threei} so... too big to fail still applies?
[12:58] {dino} bsc
[12:59] {dino} isys to .49
[13:00] {dino} out isys .49, +.53
[13:04] {Threei} IRANIAN OIL MINISTER: WOULD AGREE IF OPEC REACHES CONSENSUS TO HOLDING OUTPUT STEADY
[13:07] {dino} iclr sm l .80, thin
[13:08] {magoo} vad..u think we goping green
[13:09] {dino} what does it matter?
[13:13] {Threei} doubt it
[13:13] {Threei} (EU) FRENCH FINANCE MIN LAGARDE: EU SHOULD HAVE A COORDINATED RESPONSE TO HIGH ENERGY PRICES
[13:13] {Threei} - The worsening economic outlook is a challenge for the entire EU.
[13:14] {Threei} read: we need to think of less dependancy on Russia
[13:15] {dino} which reads: more nuclear, as its the french
[13:19] {Threei} you think you know everything about how stupid people can be? read this then:
[13:19] {Threei} http://www.telegraph.co.uk/news/worldnews/europe/france/2712363/French-President-Nicolas-Sarkozy-friend-says-911-was-a-lie.html
[13:27] {magoo} man..another smack down
[13:27] {dino} ok, who's on natural gas for home heat? and do you like it. conversion cost about $2100
[13:28] {Threei} look at AAPL mags
[13:28] {Threei} just announced that launch
[13:28] {Threei} and got killed
[13:28] {Threei} jujst as I said it would
[13:29] {magoo} u know..your comments kept me out thisa morning andd all day..thanx
[13:29] {dino} hmmm, now i know somebody uses gas
[13:30] {Threei} lol
[13:35] {dino} tighten iclr to .66, no mkt help
[13:35] {dino} brb
[13:42] {magoo} rimm outta catch up in the crash departmt
[13:43] {magoo} vad AAPL
[13:43] {dino} ouch fwlt
[13:45] {Threei} I doln't even want to try mags
[13:45] {Threei} it's a recipe for many stops
[13:47] {magoo} no i meant holy shit
[13:47] {Threei} that I agree with
[13:48] {magoo} seriously..i thought it was ready for big up day after recent tech pounding..good read/call
[13:48] {Threei} techs are too out of favor still
[13:48] {dino} iclr stopped ave. .68, -.12
[13:48] {magoo} rimm still could reach 99 today NOT A TRADE CALL
[13:49] {magoo} f it..sh rimm .20 200 shares
[13:51] {magoo} out
[13:51] {magoo} had too
[13:52] {Threei} you gotta do what you gotta do
[13:52] {magoo} luynch money
[13:52] {Threei} lynch money??
[13:52] {Threei} dino, who does he lynch for money?
[13:52] {dino} dk, but i'm looking for my wallet
[13:53] {Threei} you better
[13:53] {Threei} watch your back too
[13:53] {magoo} those ropes dont last forever vad he he
[13:53] {dino} all of the sudden that life policy comes to mind
06[13:53] * Threei slaps laserdave1 around a bit with a large trout
06[13:53] * magoo slaps laserdave1 around a bit with a large trout
06[13:53] * magoo slaps Roman around a bit with a large trout
06[13:54] * magoo slaps patience around a bit with a large trout
06[13:54] * magoo slaps _csepulve33 around a bit with a large trout
[13:54] {patience} good morning to you as well magoo :)
[13:54] {magoo} :)
[13:55] {dino} algt sm s .86, stop .21
[13:57] {laserdave1} market still nuts
[13:58] {Threei} cashews and almonds
[13:58] {laserdave1} leh
[13:58] {laserdave1} are they going bankrupt?
[13:59] {dino} the way of bear sterns it looks like
[14:06] {dino} watching axys
[14:06] {dino} and afam
[14:08] {magoo} styock holders afraid LEH will go to zero..the've seen it before
[14:08] {Threei} XOMA
[14:08] {Threei} RECEIVES 6 YEAR $65M BIODEFENSE CONTRACT TO ADVANCE DRUG CANDIDATES AGAINST BOTULISM TOXINS INTO CLINICAL TRIALS
[14:08] {Threei} - Note Co reports approx $80M in annual revenues
[14:08] {Threei} - The contract is the third that NIAID has awarded to XOMA for the development of botulinum antitoxins and brings the program's total to nearly $100M
[14:08] {laserdave1} if leh gets under 8.90 watch out bleow
[14:09] {dino} cov algt .44, +.42
[14:09] {dino} correct that slipped to .49, +.38
[14:14] {laserdave1} leh is just nuts
[14:14] {laserdave1} no call now
[14:14] {magoo} vad..we shouild watch qid as a short
[14:15] {laserdave1} i will short if it breaks 8.80 now
[14:16] {Threei} why mags?
[14:16] {Threei} you think it's bounce time?
[14:16] {magoo} i feel a q bounce forthwith
[14:16] {laserdave1} i have bid leh in case big bar down
[14:16] {laserdave1} 8.31 to cover
[14:17] {_csepulve33} maybe more selling pressure on SP
[14:18] {laserdave1} leh just cut through massive size at 8.75 like butter
[14:18] {laserdave1} this thing is nuts
[14:18] {magoo} i took it
[14:18] {Threei} good call dave'
[14:19] {magoo} covered .67
[14:19] {laserdave1} thanks i have cover at .31 in case big bar down
[14:19] {laserdave1} i figure it will get support around 8$
[14:19] {laserdave1} my low of day on laser says 8$
[14:19] {laserdave1} but hard to tell on chart
[14:20] {laserdave1} out half
[14:20] {laserdave1} dont want to see it goto waste
[14:21] {laserdave1} other half still .31
[14:21] {laserdave1} if it breaks .50 should get the fill
[14:23] {laserdave1} if .65 becomes bid i am geting out
[14:24] {laserdave1} out all now
[14:24] {laserdave1} still might go down
[14:24] {laserdave1} but needed that one
[14:32] {Threei} FNM eh?
[14:32] {dino} axys sm l .25
[14:34] {_csepulve33} more selling on spy
[14:37] {Threei} HEAD OF PAKISTANI AL-QAEDA KILLED BY MISSILE - CNN
[14:37] {dino} good
[14:38] {dino} cetv
[14:38] {magoo} remember when that would move markets
[14:38] {Threei} yeah, no kidding
[14:43] {dino} gap fill cme
[14:44] {dino} dji 11241 area for gap fill
[14:49] {dino} cetv partial fill l .30
[14:49] {dino} risky, like a hot knife though butter
[14:51] {dino} i guess we are back to the daily 300 pt range
[14:55] {_csepulve33} down again spy
[14:57] {laserdave1} violence LEH againd
[14:59] {Threei} 8.27 low so far
[14:59] {Threei} 8 is coming?
[15:01] {laserdave1} i think so
[15:01] {laserdave1} relentless pressure
[15:02] {Threei} SAUDI OIL MINISTER: OIL MARKET IS UNDER THE SWAY OF FUNDAMENTALS, WOULD SUPPORT A NOVEMBER MEETING IF OPEC AGREES TO ONE
[15:02] {Threei} - Not concerned by the fall in oil prices.
[15:02] {Threei} - Sees no need for concern about over supply until early next year.
[15:02] {Threei} - Extra Saudi crude helped avoid a worse oil shock.{USO}
[15:02] {Threei} here we are
[15:02] {laserdave1} LEH extreme violence
[15:02] {Threei} awww
[15:02] {Threei} covered too soon again
[15:04] {laserdave1} me too
[15:04] {laserdave1} haha
[15:04] {laserdave1} so hard with the volume like this
[15:04] {laserdave1} do i here 7$ anyone
[15:04] {laserdave1} i am not calling that
[15:04] {laserdave1} just saying it could go there
[15:04] {laserdave1} i am flat
[15:05] {magoo} 6.89
[15:33] {dptl} have a good evening all:)
[15:33] {Threei} take care dp
[15:35] {dino} cya dp
[15:42] {Threei} gosh LEH... what a finish
[15:45] {Threei} can you imagine what happens in offices of LEH and all involved today?
[15:46] {Threei} T. BOONE PICKENS: EXPECTS DEMAND TO RESPOND TO LOWER PRICE, OIL WILL STAY ABOVE $100/BBL - CNBC COMMENTS
[15:46] {Threei} {USO}
[15:46] {Threei} uhhu
[15:47] {dino} i imagine they are talking to gs
[15:47] {Threei} CFTC REPORTEDLY CONSIDERING THE MANDATE FOR BANKS TO REPORT ENERGY SWAPS TIED TO ENERGY FUTURES - UNCONFIRMED REPORT
[15:49] {judijim} we'll be back tomorrow, have great rest of the day
[15:50] {Threei} take care jj :)
[15:57] {Threei} lordy.. oil 102??
[16:00] {Onix} take care all, bye
[16:01] {Threei} thank you all
[16:01] {Threei} very nice day
[16:01] {Threei} have a great evening
[16:01] {Threei} see you tomorrow
[16:01] {peterg} so long
[16:01] {dino} well, gap filled
[16:04] {magoo} ty vad
[08:22] {magoo} certainly been a war of late lol
[08:23] {Threei} good morning :)
[08:23] {Threei} WB
[08:23] {Threei} CEO: CONFIDENT THAT THE COMPANY IS NOW TAKING STEPS IN THE RIGHT DIRECTION
[08:23] {Threei} - Notes 87% of people affected by cuts have been notified so far
[08:24] {Threei} oil is gapping down... again
[08:29] {magoo} aapl event today..release of new products {ipod} i believe
[08:29] {magoo} news say what time vad?
[08:31] {Threei} all I see is Sony launching music service
[08:31] {Threei} and ERTS saying new game will be available on iphone
[08:32] {Threei} tech sector is incredibly weak
[08:32] {Threei} that was what supressed nasdaq yesterday
[08:33] {Threei} even though Dow ended green losing half of the gap, Nasdaq actually managed to go back in red
[08:33] {magoo} i know, cnbc talking about the rally yesterday..but naz red
[08:34] {magoo} but positive about aapl event today
[08:35] {Threei} in this climate, it will be dumped into
[08:35] {Threei} look at it right now
[08:35] {Threei} NQ's up 6.25
[08:35] {Threei} AAPL'a down 80 cents
[08:35] {Threei} and everyone knows about event, no?
[08:35] {magoo} so..pop off news posible and sold?
[08:36] {Threei} but it's not even news anymore if it's preannounced
[08:36] {Threei} I'd say, non-event
[08:36] {magoo} true,...hey, could u check see if bidu news out there?
[08:37] {Threei} 08/13/08 01:01pm [BIDU] Hearing Citigroup making positive comments (timing uncertain)
[08:37] {Threei} that's all
[08:38] {Threei} at this point, it's just a general sector weakness for all of them
[08:39] {Threei} until money flow reverses, no mediocre news events will help
[08:40] {Threei} thumb through the techs charts
[08:40] {Threei} BRCM, NVDA, RIMM, AAPL, KLAC
[08:41] {Threei} see?
[08:41] {cosmo} QGEN pre mkt high = 20.50 so far
[08:42] {cosmo} no news
[08:43] {Threei} - Energy: Saudi Arabia Oil Min Naimi noted that his country has been working hard since June to raise its production output to help bring prices to current levels. Saudi reiterated that the market remains adequately well balanced. OPEC President Khelil stated that there was no need for production cuts at this time and noted that prices would continue to decline even if OPEC cut supply. The Iranian OPEC Gov says some OPEC Members see the need for quota adherence. A Libya says general mood in OPEC focuses towards enforcing compliance, not a cut in output ceiling. Libya stated that the world could cope with oil at $100 per barrel. The National Hurricane Center noted that Hurricane Ike was weakening and currently a category 1 storm. Ike was Expected to be in the South-Eastern Gulf of Mexico on Wednesday.
[08:44] {cosmo} knee?
[08:44] {Threei} ?
[08:45] {Threei} WB CEO: "EXCEEDINGLY OPTIMISTIC" ABOUT OUR OUTLOOK
[08:45] {Threei} uh oh
[08:45] {cosmo} need?
[08:46] {Threei} exceeding optimism is an ominous sign
06[08:46] * Threei is bidding WB at 10 cents
[08:52] {magoo} WM active this morn..neg
[08:52] {magoo} FUL down 4
[08:52] {Threei} all fins in the red
[08:53] {magoo} u ever play SKS?
[08:53] {magoo} SKF
[08:53] {Threei} no
[08:53] {cosmo} UAUA
[08:57] {Onix} good morning all
[08:57] {Threei} Onix :)
[09:04] {Threei} 09/08/08 05:00pm
[09:04] {Threei} [EFUT] Efuture Information Technology Inc. Reports Q2 $0.35 v $0.00 y/y, R$3.5M (+104% y/y) (no est)
[09:04] {Threei} - Guides FY08 Rev $19M-$20M (no est)
[09:04] {Threei} - Backolg $6.1M
[09:04] {Threei} - Gross Margin 57.1% v 54.1% y/y
[09:09] {fernp} Good morning all
[09:09] {Threei} fern :)
[09:09] {peterg} gm all
[09:09] {Threei} peter :)
[09:10] {Threei} so far GSE bailout is not killing USD as was widely expected
[09:10] {Threei} if these morons manage to save financials without killing USD, I will be very impressed
[09:11] {Threei} would be even more impressed if they had enough brain power to avert such crises instead of putting fires out when whole forrest is burning
[09:12] {Threei} I mean... was there any bubble in the past that was so clearly bubble, as housing? every shoeshiner, and even CNBC commentators said it was a bubble
[09:13] {Threei} even tulips were not that transparent
[09:14] {dptl} good morning all
[09:14] {Threei} dp :)
[09:15] {magoo} vad, whats symbol for naz?
[09:15] {Threei} hmm?
[09:15] {Threei} what do you mean?
[09:16] {Threei} futures? composite? doble short?
[09:17] {tomg} gm all
[09:17] {Threei} tom :)
[09:18] {dino} gm all
[09:18] {Threei} dino :)
[09:18] {Threei} be back in 5
[09:27] {Threei} LEH dump
[09:27] {Threei} 07/15 low is not that far
[09:30] {Threei} looking for spike to short
[09:31] {magoo} prob a bounce play now
[09:31] {Threei} yeah, don't want to chase...
[09:33] {Threei} missed
[09:34] {Threei} thought of .80 break as a short
[09:34] {Threei} morning spikes were concern
[09:34] {Threei} easy to get caught
[09:34] {magoo} a bounce somewhere
[09:36] {judijim} good morning all
[09:36] {Threei} jj :)
[09:37] {Threei} US INTELLIGENCE AGENCIES NOTE THEIR BELIEF THAT KIM JONG IL HAS SUFFERED A STROKE
[09:37] {dino} good
[09:38] {Threei} .21 long if holdong .10
[09:38] {Onix} leh?
[09:38] {Threei} yes
[09:39] {Threei} keep stop religiously
[09:39] {Threei} if losing .10, dump has potential of catastrophic
[09:39] {Threei} 1:1
[09:40] {dino} apol sm s .00
[09:40] {Threei} now short on .10 breakdown
[09:40] {Threei} stop about .25
[09:41] {Threei} invalidating level .40
[09:41] {Threei} if holding half from first entry, hold it
[09:41] {Threei} stop is the same
[09:42] {dino} apol stopped -.38
[09:43] {Threei} look to dump second half here
[09:43] {magoo} out long now..got lucky
[09:43] {magoo} .54
[09:43] {magoo} from .21
[09:43] {Roman} wow
[09:43] {Threei} good
[09:43] {magoo} scared me
[09:43] {Threei} KOREAN FINANCIAL SERVICE DENIES THAT TALKS HAVE ENDED BETWEEN LEH AND KDB
[09:43] {Threei} this is what sent it flying
[09:43] {magoo} was gonna cover and short in one stroke at loss of .10
[09:44] {Threei} earlier was reported that they are not interested
[09:44] {magoo} as in sell double position
[09:44] {Threei} that would be a way to go if it lost .10
[09:44] {magoo} yeah..cover and become short in one fill
[09:45] {Threei} Short Setup: BRCM .34 if stays below .50
[09:45] {dino} fmcn sm l .30
[09:47] {Threei} NVDA
[09:47] {Threei} TICKING HIGHER ON RENEWED TAKEOVER CHATTER
[09:47] {Threei} - Lenovo rumored as potential acquirer
[09:47] {dino} ilmn sm l .92
[09:48] {Threei} OK, first one was good on LEH
[09:48] {Threei} want to let it define a range now
[09:48] {Threei} .50 is a support to hold from this moment on
[09:48] {_csepulve33} good morning!
[09:49] {Threei} .70 - .75 area to break
[09:49] {Threei} csepulve :)
[09:49] {Threei} let's try half lot long on .70 break
[09:49] {Threei} stop under .50
[09:50] {Threei} see how .70 rejects it?
[09:50] {Threei} good entry for long if breaks
[09:50] {Threei} BRCM invalidated
[09:51] {magoo} sh rimm here sm .62
[09:53] {magoo} stop .02
[09:53] {Threei} over 1:1
[09:53] {Threei} half out
[09:53] {Threei} scalpers be happy
[09:53] {tomg} ty vad
[09:53] {Threei} welcome sir
[09:54] {magoo} stopped
[09:54] {Onix} ty Vad, not so scary this time
[09:54] {Threei} yeah, as morning volatility gets exhausted they become easy somewhat
[09:54] {Threei} unless chicago tribune publishes news from 1929
[09:55] {Threei} who kept half, offer if about 13.20
[09:55] {Threei} while trailing stop to .65
[09:55] {Roman} long SIRF 2.36-37
[09:57] {Threei} Short Setup: CSIQ .80 half lot
[09:58] {Threei} over 25.05 invalidated
[09:58] {magoo} CSIO or CSIQ?
[09:58] {magoo} red cant tell
[09:58] {Threei} CSIQ
[09:59] {magoo} ty
[09:59] {_csepulve33} here we go on CSIQ
[10:00] {Threei} JULY PENDING HOME SALES (M/M): -3.2% V -1.5%E
[10:00] {Threei} JULY WHOLESALE INVENTORIES: 1.4% V 0.7%E
[10:00] {Threei} 1:1 easy
[10:01] {Threei} feel free to cover as you see fit
[10:01] {Threei} I am out .45
[10:01] {tomg} good one vad,ty
[10:02] {Threei} welcome
[10:02] {_csepulve33} vad, wonderful play on CSIQ
[10:02] {Threei} fast and easy
[10:02] {Threei} just as we like'em
[10:05] {Threei} Short Setup: LEH .50 breakdown if stays under .70
[10:05] {Threei} let's keep it to half lot
[10:08] {Threei} AAPL low volume pullback
[10:08] {magoo} in leh .52
[10:09] {Threei} just a scalp mags
[10:09] {Threei} AAPL small shares long on 158 cross back
[10:09] {magoo} cover .38 TY
[10:10] {dino} sm l isys .96
[10:11] {Threei} market dump
[10:17] {dino} fmcn stopped -.36
[10:19] {dino} out ilmn .86, +.90
[10:19] {dino} .94 i mean
[10:22] {dino} v sm l skf .50
[10:24] {Onix} ty for AAPL Vad
[10:27] {Threei} sure
[10:27] {Threei} MOVES BELOW $12, LOWEST SINCE AUG 1999
[10:27] {Threei} LEH
[10:28] {Threei} why didn't we short .10 break, could anyone tell me?
[10:28] {dino} out skf 50, +1.00
[10:31] {dino} hmmm, no takers
[10:31] {Threei} we are full of envy
[10:31] {dino} yeah, that'll be the day
[10:32] {Threei} LEH has this look "short me wherever"
[10:34] {Threei} not easy to time it but it feels like bottomless pit today
[10:35] {Threei} 11 is total possibility
[10:37] {Threei} .50 shapes up as a short trigger
[10:37] {dino} v sm s skf .60
[10:37] {Threei} why did we ever cover CSIQ?
[10:38] {magoo} why i cover LEH:)
[10:39] {Threei} yeah
[10:42] {Threei} action is jerky and listless right now, waiting for something to shape up
[10:44] {dino} indeed
[10:48] {dino} stopped kkf -.60
[10:50] {dino} skf
[10:52] {Threei} here comes 11 LEH
[10:52] {Onix} ty for LEH Vad, got 30c
[10:52] {dino} v sm last try skf l .00
[10:52] {Threei} direct hit 11
[10:52] {Threei} [10:35] {Threei} 11 is total possibility
[10:53] {Threei} welcome Onix
[10:53] {magoo} nice read
[10:53] {Threei} mama mia
[10:53] {magoo} u just didn't want magoo to make the big bux
[10:54] {Threei} why not? I said .50 short trigger
[10:55] {tomg} ty leh, vad, cover?
[10:55] {magoo} teasing
[10:56] {magoo} feels like 8 possible
[10:56] {Threei} tom... no idea honestly
[10:56] {Threei} bottomless
[10:56] {tomg} k, ty
[10:56] {Threei} cover and be happy
[10:56] {tomg} ok
[10:56] {magoo} i said that at 10
[10:56] {magoo} its 8
[10:57] {Threei} [10:32] {Threei} LEH has this look "short me wherever"
[10:57] {dino} skf stop to 109.00
[10:57] {Threei} just how frikin true was that
[10:57] {magoo} panic vad
[10:58] {magoo} vad, look at low he he
[10:58] {Threei} great feel
[10:58] {dino} stopped +2.00
[11:00] {Threei} you out tom?
[11:00] {tomg} yes, ty vad
[11:00] {Threei} dino... +2 is not stopped :)
[11:02] {dino} lol, well it hit my stop :)
[11:02] {Threei} I know... it's just word stopped is loaded with negative connotation :)
[11:03] {magoo} amazes me is dino trades in dollar scalps
[11:04] {dino} reverse your thinking (as you taught me). stops are good
[11:04] {Threei} matter of taste mags... one likes watermelon, another likes roasted pig tails
[11:05] {magoo} what theeeee????
[11:05] {magoo} confusing mags
[11:06] {dino} pork rinds
[11:06] {Threei} 10 break was long according to chart but I really didn't want to get you into that
[11:06] {Threei} risk is enormous
[11:06] {Threei} look at POT
[11:06] {Threei} sheesh
[11:08] {dino} say no to drugs vad
[11:08] {Threei} lol
[11:08] {dino} march support 134, then jan 107ish
[11:09] {dino} ma messing w/yesterdays' lod
[11:11] {dino} cyn sm s .20
[11:13] {Threei} LEH
[11:13] {Threei} REPORTEDLY DISCUSSIONS WITH KDB HAVE ENDED; ALSO DISCUSSING OPTIONS WITH STRATEGIC INVESTORS, THE RESULTS OF WHICH WILL BE ANNOUNCED NEXT WEEK
[11:13] {Threei} - note: conflicts with the earlier report stating talks with KDB continue
[11:13] {Threei} nor fresh
[11:15] {Threei} SPOKESPERSON DECLINES COMMENT ON SHARE PRICE ACTION THIS MORNING
[11:18] {Threei} can I comment for him?
[11:18] {Threei} LEH HEARING DEFENDED AT CITIGROUP (TIMING UNCERTAIN)
[11:18] {Threei} lol
[11:26] {dino} cyn stopped -.37
[11:29] {Threei} tough decision... LEH chart gave long signal a few times but I just can't bring myself to do it
[11:32] {magoo} i'll do it..where?
[11:32] {Threei} off 10
[11:32] {Threei} chart says so... but if any news hits...
[11:34] {Threei} retest is not very good
[11:36] {Threei} I don't know mags... eaither keep stop under 9.90 or just cut it lose on this spike
[11:36] {Threei} no way to tell
[11:37] {magoo} ok
[11:37] {magoo} vad, any recent news goog
[11:38] {Threei} nothing worth mention
[11:41] {magoo} than dont mention it lol
[11:42] {magoo} out leh flat
[11:42] {magoo} scaring me
[11:43] {Threei} can't blame you
[11:43] {Threei} this is the situation where any line in the news can send it either way in a hurry
[11:45] {dino} sm l ilmn .21
[11:47] {Threei} we had a very good morning. I intend to switch if profit preservation mode, becoming very picky and controlling risk tighter than KGB controls lose cannon journalists
[11:47] {Threei} if = to
[11:47] {Chaeron} lol... GM all
[11:47] {Threei} chaeron :)
06[11:48] * magoo slaps Chaeron around a bit with a large trout
[11:48] {Threei} LEH
[11:48] {Threei} FED DECLINES COMMENT ON SHARE PRICE DECLINE
[11:48] {magoo} like they can control that
[11:48] {Threei} can it be read as "it's not deemed too big to fail"?
[11:48] {magoo} not confidence inspiring
[11:49] {magoo} news RIMM vad?
[11:49] {Threei} nope
[11:52] {magoo} good out leh huh?
[11:52] {Threei} oh yeah
[11:53] {Threei} this is not a time to be sloppy with stops
[12:01] {magoo} sh rimm small .90
[12:01] {Threei} LEH
[12:01] {Threei} SEC DECLINES COMMENT ON SHARE PRICE ACTION
[12:01] {Threei} hmmm
[12:01] {Threei} I want top see PETA declining to comment in share price action
[12:01] {Chaeron} they're next up on the list aren't they?
[12:03] {Threei} well, when weak animal is being thrown out on predators mercy, don't you expect PETA to express their opinion?
[12:04] {magoo} wait .69
[12:06] {magoo} stop .17
[12:06] {magoo} small
[12:07] {magoo} not cutting .69
[12:07] {magoo} lower feels
[12:10] {dino} out ilmn +1.00 at .21
[12:10] {dino} wow, what a spike
[12:10] {dino} now that was luck
[12:11] {Threei} no kidding
[12:11] {dino} all that clean living
[12:11] {Threei} lol
[12:12] {dino} payback for yesterdays uaua f job
[12:13] {magoo} covered rimmhere .39
[12:13] {magoo} 12:01] {magoo} sh rimm small .90
[12:14] {dino} gj
[12:20] {Threei} hmm... LEH break of 9...
[12:20] {Threei} hard to tell guys
[12:20] {Threei} on your own discretion
[12:20] {Threei} looks tempting
[12:20] {Threei} risk sure is big
[12:21] {Threei} 9.15 upper limit
[12:21] {Threei} maybe modest shares
[12:23] {Threei} the longer it can't break over .15 the better breakdown setup is
[12:23] {Threei} broke... off for now
[12:24] {Threei} on again
[12:24] {Threei} lol
[12:25] {Threei} HOUSE MAJORITY LEADER DISCUSSING PROVIDING FUNDS FOR AUTO INDUSTRY
[12:25] {Threei} {GM F}
[12:25] {Threei} GM spike
[12:26] {Threei} had enough of bailouts yet?
[12:27] {Threei} - Discussions focus on providing $25B in loans. Notes timing has not been settled on, but that the amount could rise
[12:27] {dino} algt
[12:29] {Threei} heat increases on LEH
[12:30] {dino} at this rate the gov't will own everything in a year.
[12:30] {dino} they need to let them fail or file bankruptcy
[12:31] {Threei} no kidding
[12:31] {Threei} moral hazard full blast
[12:31] {dino} cracks me up, most of upper management keeps their jobs too. what the heck, they got us into these messes
[12:33] {dino} i know, lets' wipe out the suckers "(shareholders) and keep our jobs
[12:34] {Threei} really amazes me
[12:34] {Threei} poor Ayn Rand
[12:34] {Threei} everything was in vain
[12:34] {dino} and the politicians claim the are for the little guy....seems to me the little guys' pension/retirement plans/mutual funds, are getting the brunt of it
[12:35] {Threei} that was major claim that excused all the action that runied the country in the book I just referred to
[12:35] {Threei} little guys have to be given a chance
[12:36] {Threei} first who names the book obtains a prize to be determined yet
[12:36] {peterg} atlas shrugged
[12:36] {Threei} hint: Who is John Galt?
[12:36] {dino} and big guys need to be thrown out, without golden parachutes, when they mess up
[12:36] {Threei} peter :)
[12:36] {peterg} fountainhead
[12:36] {dino} geeze, fnm, fre ceo's are getting millions to walk
[12:36] {dino} why!!!!!!!!!!!!!!!!!!!!!!!!
[12:37] {peterg} Former head of home depot, now chrysler
[12:37] {peterg} my favorite hit man
[12:37] {peterg} whats his name
[12:37] {peterg} toxic jerk
[12:37] {Threei} umm
[12:38] {Threei} which of these is first name and which is lasdt
[12:38] {magoo} calm down dino
[12:38] {peterg} Narcussus?
[12:38] {magoo} ranyting here
[12:38] {peterg} Nardelli
[12:38] {peterg} lol vad
[12:39] {dino} i know, but when i mess up, i take a hit, they get rewarded
[12:39] {peterg} s*** runs downhill
[12:40] {peterg} little guys get it for Abi Gharaib
[12:40] {peterg} want to see Cheney behind bars
[12:40] {peterg} I have only just begun to rant
[12:41] {Threei} I just want to stay away from hunting with him
[12:41] {peterg} famous patriot admiral so an so's statement, John Paul Jones
[12:41] {peterg} good idea
[12:42] {Threei} OK LEH
[12:42] {magoo} hes nothing..u should hunt with our club lol
[12:42] {Threei} feel free to start covering
[12:42] {Threei} IMO, it's not done dropping
[12:43] {dino} isys stop to .40
[12:52] {Threei} what does this mean:
[12:52] {Threei} LEH
[12:52] {Threei} US TREASURY NOTES THAT THEY STAY IN TOUCH WITH WALL STREET FIRMS ON A REGULAR BASIS
[12:53] {dino} they have been loaning all the brokers money since april 3i, discount window
[12:53] {Threei} yes
[12:53] {dino} thats what it means
[12:53] {dino} they are watching and scared
[12:54] {Threei} ok... you are good at this, and I think I know why
[12:54] {Threei} you have to decode magoo=speak every day
[12:54] {Threei} can't be easy
[12:54] {dino} lol
[12:54] {magoo} that does it
[12:54] {Threei} and sure is great training
06[12:54] * magoo slaps Threei around a bit with a large trout
[12:54] {Threei} hehe
[12:54] {Threei} I know I walked right into it
[12:54] {dino} i just don't trust.....simple as that
[12:57] {Threei} who is/was bigger, BSC or LEH?
[12:57] {Threei} anyone knows?
[12:57] {magoo} leh my guess
[12:58] {magoo} who bigger?vad or dino anyone
[12:58] {Threei} so... too big to fail still applies?
[12:58] {dino} bsc
[12:59] {dino} isys to .49
[13:00] {dino} out isys .49, +.53
[13:04] {Threei} IRANIAN OIL MINISTER: WOULD AGREE IF OPEC REACHES CONSENSUS TO HOLDING OUTPUT STEADY
[13:07] {dino} iclr sm l .80, thin
[13:08] {magoo} vad..u think we goping green
[13:09] {dino} what does it matter?
[13:13] {Threei} doubt it
[13:13] {Threei} (EU) FRENCH FINANCE MIN LAGARDE: EU SHOULD HAVE A COORDINATED RESPONSE TO HIGH ENERGY PRICES
[13:13] {Threei} - The worsening economic outlook is a challenge for the entire EU.
[13:14] {Threei} read: we need to think of less dependancy on Russia
[13:15] {dino} which reads: more nuclear, as its the french
[13:19] {Threei} you think you know everything about how stupid people can be? read this then:
[13:19] {Threei} http://www.telegraph.co.uk/news/worldnews/europe/france/2712363/French-President-Nicolas-Sarkozy-friend-says-911-was-a-lie.html
[13:27] {magoo} man..another smack down
[13:27] {dino} ok, who's on natural gas for home heat? and do you like it. conversion cost about $2100
[13:28] {Threei} look at AAPL mags
[13:28] {Threei} just announced that launch
[13:28] {Threei} and got killed
[13:28] {Threei} jujst as I said it would
[13:29] {magoo} u know..your comments kept me out thisa morning andd all day..thanx
[13:29] {dino} hmmm, now i know somebody uses gas
[13:30] {Threei} lol
[13:35] {dino} tighten iclr to .66, no mkt help
[13:35] {dino} brb
[13:42] {magoo} rimm outta catch up in the crash departmt
[13:43] {magoo} vad AAPL
[13:43] {dino} ouch fwlt
[13:45] {Threei} I doln't even want to try mags
[13:45] {Threei} it's a recipe for many stops
[13:47] {magoo} no i meant holy shit
[13:47] {Threei} that I agree with
[13:48] {magoo} seriously..i thought it was ready for big up day after recent tech pounding..good read/call
[13:48] {Threei} techs are too out of favor still
[13:48] {dino} iclr stopped ave. .68, -.12
[13:48] {magoo} rimm still could reach 99 today NOT A TRADE CALL
[13:49] {magoo} f it..sh rimm .20 200 shares
[13:51] {magoo} out
[13:51] {magoo} had too
[13:52] {Threei} you gotta do what you gotta do
[13:52] {magoo} luynch money
[13:52] {Threei} lynch money??
[13:52] {Threei} dino, who does he lynch for money?
[13:52] {dino} dk, but i'm looking for my wallet
[13:53] {Threei} you better
[13:53] {Threei} watch your back too
[13:53] {magoo} those ropes dont last forever vad he he
[13:53] {dino} all of the sudden that life policy comes to mind
06[13:53] * Threei slaps laserdave1 around a bit with a large trout
06[13:53] * magoo slaps laserdave1 around a bit with a large trout
06[13:53] * magoo slaps Roman around a bit with a large trout
06[13:54] * magoo slaps patience around a bit with a large trout
06[13:54] * magoo slaps _csepulve33 around a bit with a large trout
[13:54] {patience} good morning to you as well magoo :)
[13:54] {magoo} :)
[13:55] {dino} algt sm s .86, stop .21
[13:57] {laserdave1} market still nuts
[13:58] {Threei} cashews and almonds
[13:58] {laserdave1} leh
[13:58] {laserdave1} are they going bankrupt?
[13:59] {dino} the way of bear sterns it looks like
[14:06] {dino} watching axys
[14:06] {dino} and afam
[14:08] {magoo} styock holders afraid LEH will go to zero..the've seen it before
[14:08] {Threei} XOMA
[14:08] {Threei} RECEIVES 6 YEAR $65M BIODEFENSE CONTRACT TO ADVANCE DRUG CANDIDATES AGAINST BOTULISM TOXINS INTO CLINICAL TRIALS
[14:08] {Threei} - Note Co reports approx $80M in annual revenues
[14:08] {Threei} - The contract is the third that NIAID has awarded to XOMA for the development of botulinum antitoxins and brings the program's total to nearly $100M
[14:08] {laserdave1} if leh gets under 8.90 watch out bleow
[14:09] {dino} cov algt .44, +.42
[14:09] {dino} correct that slipped to .49, +.38
[14:14] {laserdave1} leh is just nuts
[14:14] {laserdave1} no call now
[14:14] {magoo} vad..we shouild watch qid as a short
[14:15] {laserdave1} i will short if it breaks 8.80 now
[14:16] {Threei} why mags?
[14:16] {Threei} you think it's bounce time?
[14:16] {magoo} i feel a q bounce forthwith
[14:16] {laserdave1} i have bid leh in case big bar down
[14:16] {laserdave1} 8.31 to cover
[14:17] {_csepulve33} maybe more selling pressure on SP
[14:18] {laserdave1} leh just cut through massive size at 8.75 like butter
[14:18] {laserdave1} this thing is nuts
[14:18] {magoo} i took it
[14:18] {Threei} good call dave'
[14:19] {magoo} covered .67
[14:19] {laserdave1} thanks i have cover at .31 in case big bar down
[14:19] {laserdave1} i figure it will get support around 8$
[14:19] {laserdave1} my low of day on laser says 8$
[14:19] {laserdave1} but hard to tell on chart
[14:20] {laserdave1} out half
[14:20] {laserdave1} dont want to see it goto waste
[14:21] {laserdave1} other half still .31
[14:21] {laserdave1} if it breaks .50 should get the fill
[14:23] {laserdave1} if .65 becomes bid i am geting out
[14:24] {laserdave1} out all now
[14:24] {laserdave1} still might go down
[14:24] {laserdave1} but needed that one
[14:32] {Threei} FNM eh?
[14:32] {dino} axys sm l .25
[14:34] {_csepulve33} more selling on spy
[14:37] {Threei} HEAD OF PAKISTANI AL-QAEDA KILLED BY MISSILE - CNN
[14:37] {dino} good
[14:38] {dino} cetv
[14:38] {magoo} remember when that would move markets
[14:38] {Threei} yeah, no kidding
[14:43] {dino} gap fill cme
[14:44] {dino} dji 11241 area for gap fill
[14:49] {dino} cetv partial fill l .30
[14:49] {dino} risky, like a hot knife though butter
[14:51] {dino} i guess we are back to the daily 300 pt range
[14:55] {_csepulve33} down again spy
[14:57] {laserdave1} violence LEH againd
[14:59] {Threei} 8.27 low so far
[14:59] {Threei} 8 is coming?
[15:01] {laserdave1} i think so
[15:01] {laserdave1} relentless pressure
[15:02] {Threei} SAUDI OIL MINISTER: OIL MARKET IS UNDER THE SWAY OF FUNDAMENTALS, WOULD SUPPORT A NOVEMBER MEETING IF OPEC AGREES TO ONE
[15:02] {Threei} - Not concerned by the fall in oil prices.
[15:02] {Threei} - Sees no need for concern about over supply until early next year.
[15:02] {Threei} - Extra Saudi crude helped avoid a worse oil shock.{USO}
[15:02] {Threei} here we are
[15:02] {laserdave1} LEH extreme violence
[15:02] {Threei} awww
[15:02] {Threei} covered too soon again
[15:04] {laserdave1} me too
[15:04] {laserdave1} haha
[15:04] {laserdave1} so hard with the volume like this
[15:04] {laserdave1} do i here 7$ anyone
[15:04] {laserdave1} i am not calling that
[15:04] {laserdave1} just saying it could go there
[15:04] {laserdave1} i am flat
[15:05] {magoo} 6.89
[15:33] {dptl} have a good evening all:)
[15:33] {Threei} take care dp
[15:35] {dino} cya dp
[15:42] {Threei} gosh LEH... what a finish
[15:45] {Threei} can you imagine what happens in offices of LEH and all involved today?
[15:46] {Threei} T. BOONE PICKENS: EXPECTS DEMAND TO RESPOND TO LOWER PRICE, OIL WILL STAY ABOVE $100/BBL - CNBC COMMENTS
[15:46] {Threei} {USO}
[15:46] {Threei} uhhu
[15:47] {dino} i imagine they are talking to gs
[15:47] {Threei} CFTC REPORTEDLY CONSIDERING THE MANDATE FOR BANKS TO REPORT ENERGY SWAPS TIED TO ENERGY FUTURES - UNCONFIRMED REPORT
[15:49] {judijim} we'll be back tomorrow, have great rest of the day
[15:50] {Threei} take care jj :)
[15:57] {Threei} lordy.. oil 102??
[16:00] {Onix} take care all, bye
[16:01] {Threei} thank you all
[16:01] {Threei} very nice day
[16:01] {Threei} have a great evening
[16:01] {Threei} see you tomorrow
[16:01] {peterg} so long
[16:01] {dino} well, gap filled
[16:04] {magoo} ty vad
