Oct 16 00:00:00 2008
Those who tried to join our Open House today - please accept our apologies. We had technical troubles with sending e-mail out and had to postpone our open days. We will try to resolve the problem as soon as possible and open our room for two days next week. We will send the e-mail out and post an alert in this area.
Once again, our apologies.
Session Time: Thu Oct 16 00:00:00 2008
[08:30] {Threei} SEPT CONSUMER PRICE INDEX M/M: 0.0% V 0.1%E; CPI EX FOOD-ENERGY M/M: 0.1% V 0.2%E;
[08:30] {Threei} INITIAL CLAIMS: 461K V 478KE; CONTINUING CLAIMS: 3.711M V 3.670ME
[08:30] {Threei} - Prior Initial Jobless Claims from 478K to 477K
[08:30] {Threei} - Prior Continuing Claims revised from 3.659M to 3.671M
[08:39] {ese} morning Vad
[08:39] {Threei} good morning
[08:39] {ese} that sell off yesterday was not the same kind of volume as last thursday
[08:39] {Threei} no
[08:40] {Threei} Europe/Asia reversed losses,
[08:40] {Threei} we are having gap up instead of big down
[08:40] {ese} just looking at that now.....
[08:44] {ese} hmmmmm getting to the point where they've rung out the weak hands
[08:45] {Threei} this point has to come sooner or later
[08:45] {Threei} NCC... I wish I knew what's cooking there
[08:46] {ese} is that a bank?
[08:46] {Threei} yeah, nationalcity
[08:48] {ese} wow.....down from 36.00 high....
[08:49] {Threei} well... just by that you can tell it's a bank :)
[08:49] {ese} assuming the govt is bailing them out as well.....3.00 is a great price
[08:51] {Threei} MORGAN STANLEY RAISED WFC TO OVERWEIGHT FROM UNDERWEIGHT, PRICE TARGET: $40
[08:53] {ese} smart money is going to be picking up shares of banks all over the place.....WFC is free money.....
[09:00] {ese} US banking system needs to do something about the way the back deposits. Canadian system is way more stable. Canadian banks are required to have more gold deposits to back up deposts rather than assets
[09:03] {ese} not sure what it was like down south but it sure didn't seem like canadians were running to the banks to take there money........
[09:03] {ese} seemed like most canadians could have cared less
[09:04] {cosmo} sounds careless
[09:04] {dino} gm all
[09:04] {ese} how so cos?
[09:04] {Threei} dino :)
[09:04] {ese} dino
[09:04] {cosmo} literally
[09:04] {ese} ahh
[09:04] {Threei} it's a matter of leveraging in the fractional reserve system ese
[09:04] {Threei} we all operate in it,
[09:05] {ese} indeed
[09:05] {Threei} but at some point more or less sane leverage, let's say 1:10 or 1:12
[09:05] {Threei} got replaced by up to 1:40
[09:05] {Threei} and new money created by new loans out of thin air turned a system into pyramid standing on its top
[09:06] {dino} just keep 250k or less, you are fine
[09:06] {ese} definately
[09:06] {dino} or, better yet, keep it at brokerage, they carry higher covera amounts
[09:06] {dino} coverage
[09:06] {ese} I understand the leverage thing very well......have to leverage my house every month to stay on this board.......
[09:07] {dino} whats up w/amzn, bloody thing
[09:07] {ese} yuk yuk yuk
[09:07] {dino} lol es
[09:07] {dino} we live on leverage here
[09:07] {ese} ??
[09:08] {cosmo} the need to increase mechanical advantage...
[09:09] {dino} daytrading 4/1
[09:10] {Threei} Why the panic bail-outs? The answer lies in the $55 trillion dollar Credit Default Swap market that is unraveling day to day. Banks and central banks are totally focused on the breaks to the credit ring when up to $400 billion of Lehman Brothers CDS obligations come due in the next week, with nobody at the teller window to pay up.
[09:10] {Onix} Good morning all
[09:10] {Threei} Onix :)
[09:11] {ese} onix
[09:11] {Threei} What this means is that unspecified banks holding the Lehman CDS derivatives will get nothing, and then they will be unable to meet their obligations to other banks. At stake are the Money Market Funds on deposit in these banks. The entire system could collapse, so banks do not want to be in the position of lending to one another. The credit market has failed.
[09:12] {ese} now that should be interesting Vad
[09:13] {ese} I thought those credit swaps had already unravelled.....
[09:13] {ese} end of last month
[09:13] {Threei} I am afraid we are far from that
[09:13] {dptl} good morning all
[09:13] {ese} hmmmmm
[09:13] {ese} dp
[09:13] {Threei} dp :)
[09:14] {dptl} :)
[09:14] {Onix} hi dp
[09:15] {Threei} *SEPT INDUSTRIAL PRODUCTION: -2.8% V -0.8%E
[09:16] {Threei} three biggest banks in the world that control well over 90% of the CDS market: JPMorgan Chase (JPM), Citigroup (C), and Bank of America (BAC).
[09:17] {Threei} This crisis will soon be over – but first the bankers must show us they have survived the next wave of CDS obligations coming due this week and next. The answer will be in the share prices of JPM, C and BAC.
[09:17] {ese} they will get bulk of govt bailout probably .....to back stop it.
[09:20] {ese} if the US govt can't backstop it Vad.....we'll use your money...dinos ...and a couple of otheres on the board
[09:21] {ese} probelem solved!!!!
[09:21] {Threei} I'll defend my last $3.62 till last couple of magoo's blood
[09:22] {ese} definately!!!!! i'lll help
[09:22] {Threei} till last drop I mean
[09:22] {Threei} where is magoo btw??
[09:23] {ese} at the hospital getting blood infusion
[09:23] {Threei} okkkk... dino... any other theory?
[09:24] {dino} magoo dealing w/r.e issues
[09:24] {GeoArb} gm
[09:24] {ese} geo
[09:24] {Threei} Geo :)
[09:24] {Threei} dino... on a scale of the country I hope?
[09:24] {dino} theories, no. i will simple trade what i see, no preconceptions.
[09:24] {Onix} hi Geo
[09:24] {Threei} 'cause gods know, we need someone to deal with those issues
[09:25] {dino} real estate issues
[09:25] {Threei} and I can't think of better person than magoo
[09:25] {Threei} I mean, just remembering that picture of him and killed deer
[09:26] {dino} wow s&p at spring '03 and summer '02 levels
[09:26] {Threei} negotiations over the barrel
[09:26] {dino} lol
[09:26] {Threei} so... I fully hope when magoo gets here he can report that r e issues are fixed in the USA
[09:27] {Threei} and we will buy everything in sight before letting the rest of the market know
[09:27] {dino} i think you will be disappointed
[09:28] {Threei} can I have a dream?
[09:29] {dino} indeed
[09:30] {ese} I dream of trading like you two!!!!!! does that count
[09:31] {dino} ok i'd like to see 8451 tagged then run
[09:33] {ese} bstop STLD .06
[09:34] {dino} 50 pts
[09:34] {dino} sm amzn l .25 wide
[09:35] {Threei} ADBE'
[09:35] {Threei} .11 long half lot
[09:35] {Threei} stop under 25
[09:35] {ese} L stld .07
[09:35] {dino} stop to .65
[09:36] {ese} i hope i haven't been bull trapped suckered
[09:36] {dino} to .25
[09:36] {Threei} half out .24
[09:36] {Threei} scalpers take profit
[09:36] {ese} get moving
[09:36] {dino} out .25, +1.00 amzn
[09:36] {GeoArb} half .23
[09:36] {dino} nobody?
[09:37] {Threei} out in full .50
[09:37] {Threei} sorry dino
[09:37] {Onix} ty got 17c
[09:37] {Threei} got involved with ADBE
[09:37] {GeoArb} nice dino
[09:37] {dino} hmmm
[09:37] {ese} nice dino....crap how do you do that??
[09:37] {dino} going to do it again i think
[09:38] {dino} nope
[09:40] {dino} chk l sm .30
[09:40] {Threei} Long Setup: MS 19.10 half lot
[09:40] {ese} stop to .00 STLD....very tight
[09:40] {Threei} if stays above .90
[09:40] {dino} oih rocking
[09:42] {ese} out STDL .27
[09:42] {Threei} wtg
[09:43] {ese} + .20 full lot....
[09:43] {ese} thats it for me today.......thursday is one of my early days
[09:43] {Threei} vene vidi vici
[09:43] {Threei} good job
[09:43] {ese} is that what that means
[09:44] {Threei} like I know what means what... I am poking keyboard randomly
[09:44] {Threei} stopped MS
[09:44] {GeoArb} out
[09:45] {ese} what were you in geo?
[09:45] {Onix} stopped ms
[09:45] {GeoArb} MS
[09:45] {Threei} TREASURY'S PAULSON: REITERATES THAT TAXPAYERS WILL RECOUP ALL OF THE $700B SPENT ON THE BAILOUT PACKAGE
[09:45] {ese} ahhhhhh good one
[09:46] {ese} sure they will....in 50 to 60 years
[09:46] {GeoArb} UBG IBG theory
[09:46] {GeoArb} youll be gone ill be gone
[09:47] {ese} good one haven't heard that one before
[09:47] {dptl} out stld +.30 ty ese
[09:47] {GeoArb} isnt that what all financial services did?
[09:48] {ese} your welcome dp......
[09:48] {ese} you did much bette thanI
[09:49] {dino} gj dp es
[09:49] {dptl} i took half lot though so its preatty much balanced:) ese
[09:49] {ese} I took a full one.....hence the tight stop
[09:49] {ese} it worked though
[09:50] {dptl} yep good call:)
[09:50] {dino} chk stop to .80
06[09:50] * Threei slaps ThurstonHowellTheThird around a bit with a large trout
[09:50] {dino} out chk .80, +.50
[09:51] {ThurstonHowellTheThird} Good morning
[09:51] {Threei} good to see you thtt
[09:51] {dptl} look who is here:)
06[09:51] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[09:51] {ese} thurston....long time no see.......hows the "minnow"
[09:51] {GeoArb} wow BTU
[09:52] {dino} gm thtt
[09:52] {ThurstonHowellTheThird} I finally got rescued from the island
[09:52] {ThurstonHowellTheThird} again
[09:52] {dino} i was thinking ginger, es
[09:52] {ese} didn't leave Mary=- Ann I hope
[09:52] {Threei} lol
[09:52] {Threei} how have you been?
[09:53] {ThurstonHowellTheThird} ok
[09:53] {dino} jpm?
[09:53] {ThurstonHowellTheThird} today is the open house, right?
[09:54] {Threei} actually, we had to reschedule it
[09:54] {Threei} some problems with mass e-mails
[09:54] {GeoArb} wo open house
[09:54] {ThurstonHowellTheThird} uh oh
[09:54] {GeoArb} ahh right the email we didnt get
[09:54] {Threei} only a few trickled through
[09:54] {GeoArb} wow BTU again
[09:54] {Threei} but hey, stay if you are one of few lucky ones :)
[09:54] {dino} sm l jpm .60
[09:54] {Threei} no news JPM
[09:55] {ThurstonHowellTheThird} thanx
[09:55] {Threei} I guess those CDS unwind not very well
[09:56] {dino} they are one of the annointed ones
[09:56] {dino} strange
[09:56] {dino} in any case stop is .25
[09:56] {Threei} (GE) GERMAN BUNDESBANK: CONFIDENT THAT IT WILL REACH AGREEMENT WITH THE GOVT ON THE NEW FINANCIAL STABILIZATION FUND
[09:56] {Threei} - The agency running the fund will be separate from the Bundesbank, supervised by the finance ministry.
[09:56] {Threei} - Accord will preserve the independence of the Bundesbank, which will support the management of the new fund agency.
[09:56] {Threei} - An additional finace market stability agency will be established within the bundesbank.
[09:57] {dino} skf quite the 5 day chart
[09:57] {Threei} C and BAC got hit just the same
[09:58] {dino} jpm stopped -.38
[09:58] {dino} man, hard stops on nyse always rinse me
[09:58] {ese} no kidding dino
[09:59] {dino} look right back to .60
[09:59] {ese} $100.00 up and down.....for the lucky few
[09:59] {dino} .90
[09:59] {dino} sheesh
[10:00] {Threei} *OCT PHILADELPHIA FED INDEX: -37.5 V -10.0E
[10:00] {dino} hard fall
[10:00] {dino} dji going neg
[10:01] {dino} back to original mode
[10:01] {dino} jpm l .30
[10:02] {dino} whippy markets, careful guys
[10:03] {dino} out jpm .70, +.40
[10:04] {dino} too soon
[10:04] {Threei} no such thing as taking profit too soon when it comes to banks - until financial crisis is over'
[10:05] {dino} y, worked out
[10:05] {Threei} Short Setup: C 15.60 break
[10:05] {Threei} if stays under .80
[10:05] {Threei} half lot
[10:07] {dino} need coffee
[10:07] {dino} waiting a few here, strange
[10:08] {Threei} covering half C
[10:09] {Threei} .43
[10:09] {Threei} stop to .65
[10:10] {Threei} to .55
[10:10] {Threei} feel free to cover as you see fit
[10:11] {Onix} ty Vad 22c on C
[10:11] {dino} going for the gap
[10:11] {Threei} welcome
[10:11] {Threei} come on THTT... tell me you made your profit with us after long break
[10:11] {Threei} I am out in full .19
[10:12] {Threei} +.40
[10:12] {GeoArb} out .29 TY vad
[10:12] {Threei} :)
[10:12] {dino} c'mon 25 pts
[10:12] {ThurstonHowellTheThird} figures...I just got back from the bathroom :(
[10:13] {dino} bammmmm
[10:13] {GeoArb} lol
[10:13] {dptl} lol
[10:13] {Threei} sigh
[10:13] {dino} fri-mon gap filled
[10:13] {GeoArb} joyg
[10:13] {ese} have a great day all.......
[10:14] {ese} outta here
[10:14] {GeoArb} bye ese
[10:14] {dino} step aside
[10:14] {ese} geo
[10:14] {dino} es cya
[10:14] {Threei} take care ese
[10:15] {dino} -900 pts since yesterday
[10:15] {dino} crazy
[10:15] {Threei} US TREASURY'S PAULSON: US WILL HAVE A FEW 'TOUGH MONTHS' WILL PERFORM WELL AFTER THROUGH ROUGH TIME FRAME DUE TO US RESILIENCY - TV INTERVIEW
[10:15] {Threei} - Notes that indicators are showing that the US is doing the right thing
[10:15] {Threei} what indicators?
[10:16] {Threei} I want his indicators
[10:16] {GeoArb} stochastics
[10:16] {dino} risky sm l fcx .00
[10:17] {peterg} morning people
[10:18] {Threei} peter :)
[10:19] {Threei} dino... how bored are we going to be when market returns to its usual ranges
[10:20] {Onix} i can;t wait for more boring markets to return!
[10:21] {dino} very 3i, very
[10:21] {dino} back to sleeping at desk
[10:22] {dino} have to admit, pretty intense lately
[10:23] {Threei} it's time to hear from long time friends:
[10:23] {Threei} NIGERIAN OIL MIN: EMERGENCY OPEC BEFORE NOV IS BEING CONSIDERED
[10:23] {Threei} {USO}
[10:29] {dino} out fcx .40, +.40
[10:29] {Onix} gj
[10:29] {dino} ty
[10:30] {dino} had .75, greed
[10:32] {Onix} yesit was movig qute fast up & down
[10:33] {dino} glad to be out
[10:34] {dino} going fpor 8200, start of leg up
[10:35] {Threei} OPEC HAS REPORTEDLY RESCHEDULED EXTRAORDINARY MEETING TO OCT 24 FROM NOV 17
[10:35] {Threei} - Note the Nigerian Minister earlier noted that this may be a possibility
[10:35] {Threei} extraordinary eh
[10:36] {dino} yes, beer, wine, dancing girls, and perhaps some golf too
[10:36] {dino} i'll be there
[10:36] {hawkfan4} that does sound extraordinary
[10:37] {GeoArb} really?
[10:37] {GeoArb} that just sounds like an ordinary AIG meeting
[10:37] {hawkfan4} lol
[10:40] {ThurstonHowellTheThird} how do I get IRC to beep?
[10:40] {dino} smack it
[10:40] {ThurstonHowellTheThird} still not beeping
[10:41] {dino} eyes on amzn again
[10:42] {dptl} go to dcc folder and than options you'll find sound settings THTT
[10:42] {ThurstonHowellTheThird} okt thx
[10:42] {Threei} US REPORTEDLY EVALUATING A POTENTIAL PLAN FOR MORTGAGE REFINANCING
[10:44] {Threei} VIX VOLATILITY INDEX REACHES NEW RECORD AT 77.32
[10:49] {dino} yeah, basically the govt is going to rent your house to you, as principal will never get paid
[10:50] {Onix} until later, off to work now
[10:51] {Threei} take care Onix
[10:51] {peterg} l8tr onix
[10:51] {dino} cya onix
[10:55] {Threei} watching BAC for possible short on .50 break
[10:55] {dino} sm l fcx .85 risky, fast
[10:56] {Threei} stop above .70 if triggers
[11:00] {Threei} DOE CRUDE: +5.61M V +2.5ME;
[11:00] {Threei} GASOLINE: +7M V +3ME; DISTILLATES: -453K V +500KE; UTILIZATION: 82.2% V 83.7%E
[11:00] {Threei} half out BAC .3
[11:00] {Threei} .32 sorry
[11:01] {dino} -300+
[11:01] {ThurstonHowellTheThird} +.20 ty
[11:01] {dino} 8200 here we come
[11:01] {Threei} finally thtt :)
[11:01] {patience} or below
[11:01] {GeoArb} sheesh
[11:01] {GeoArb} instead of half out I added half
[11:01] {GeoArb} and then panicked and exited
[11:01] {GeoArb} lol
[11:02] {Threei} scalpers are solidly over 1"1
[11:02] {GeoArb} all out .24
[11:02] {GeoArb} TY vad
[11:02] {dino} anyone in fcx don't let it hurt you
[11:02] {Threei} welcome
[11:02] {Chaeron} Good morning everybody... looks like I missed a lot of good ones
[11:02] {Threei} Chaeron :)
[11:02] {GeoArb} hey chaeron
[11:03] {Chaeron} all good up there Geo?
[11:03] {GeoArb} yeah all controlled
[11:03] {GeoArb} you gotta hand it to those helecopters
[11:03] {GeoArb} deadly accuracy
[11:03] {dino} stop fcx -.40
[11:04] {Chaeron} good
[11:04] {dino} now it will go
[11:05] {dino} soon they will drop money out geo
[11:06] {GeoArb} when?
[11:06] {GeoArb} i have been standing with arms outstretched for days !
[11:07] {dino} lol
[11:07] {dino} you see, these fires are the govt's new plan, burn em all, let the insurance companies pay
[11:08] {GeoArb} but the insurance companies ARE the gov these days
06[11:08] * GeoArb is confused
[11:08] {dino} that way, a housing shortage
[11:08] {GeoArb} heard about the AIG england hunting trip on our money?
[11:08] {dino} y
[11:09] {dino} cheney should've gone
[11:09] {patience} not only did they take employees, but their good customers...yeesh
[11:09] {GeoArb} lol dino
[11:09] {dino} kill a couple bonus owners, lol
[11:10] {Threei} I am not a very blood -thristy person, normally... but I am looking forward for trials
[11:10] {dino} amzn sm l .00
[11:10] {Threei} if we found it necessary to sent Martha to jail, what are we to do with these guys?
[11:10] {dino} me too 3i
[11:10] {Chaeron} Frank
06[11:10] * GeoArb has been drying torches and sharpening pitchforks
[11:10] {dino} ebbers and kozloski will have new roomates
[11:11] {dino} lod
[11:11] {GeoArb} -350 dow........ i know i know its nothing
[11:11] {Threei} nah
[11:11] {Threei} not worth wasting baandwidth
[11:12] {dino} hate to say it, but double bottom coming soon, maybe not today...but soon
[11:12] {dino} 7900ish
[11:12] {Threei} on NASDAQ it's right here
[11:12] {Threei} notice finnies do not make new low right now
[11:14] {Threei} WFC
[11:14] {Threei} very risky, long on .50 break
[11:17] {Threei} come on WFC, it's bounce time
[11:18] {GeoArb} stop vad?
[11:18] {Threei} under .25
[11:20] {Threei} BAC's moving, catch up WFC, will ya?
[11:22] {dino} opps forgot order afam l sm .15
[11:22] {Threei} lol
[11:22] {Threei} good boy WFC
[11:22] {Threei} half out .72
[11:22] {Threei} scalpers just be happy
[11:22] {dino} i was a buck under for an hour
[11:23] {GeoArb} all out .68 th vad
[11:23] {Threei} WFC over 1:1 solidly
[11:23] {Threei} welcome
[11:23] {ThurstonHowellTheThird} +.24 thx again
[11:23] {Threei} :)
[11:24] {Chaeron} Hi Mr. Howell... long time... good to see you
[11:24] {Threei} I am out in full .86
[11:24] {ThurstonHowellTheThird} good to see you too :)
[11:25] {Threei} MS CEO: CREDIT HAS 'ABSOLUTELY DRIED UP' - CNBC COMMENTS
[11:25] {dptl} +.29 wfc ty
[11:25] {dino} who is miss ceo?
[11:25] {dino} husband cut her off
[11:26] {Threei} dp :)
[11:26] {dino} out amzn .80, +.80
[11:29] {GeoArb} met my daily
[11:29] {dino} amzn too soon
[11:29] {GeoArb} was down 300 at a point..
[11:29] {Threei} wow
[11:29] {Threei} on what??
[11:29] {GeoArb} dont ask vad
[11:30] {GeoArb} moral is whaen i experiment on my own i should do on 1/4 lot
[11:30] {Threei} we had just one stop today and it wasn't anything of such potential
[11:30] {Threei} ah
[11:30] {dino} partial out afam .80, +.65
[11:30] {Threei} what's with all those intentions to take my calls only for a while
06[11:30] * GeoArb hoping yo didnt remember
[11:30] {Threei} {----- just looking for excuse to do this:
06[11:31] * Threei slaps GeoArb around a bit with a large trout
[11:31] {GeoArb} heheh
[11:31] {GeoArb} you see you made me too much money and i got cocky
[11:31] {dino} gj geo
[11:31] {GeoArb} its your fault
06[11:31] * GeoArb slaps Threei around a bit with a large trout
[11:31] {Threei} so, let me get this straight
[11:31] {dino} out remainder afam .80, +.65
[11:31] {Threei} you do a certain thing,
[11:31] {Threei} it makes you money,
[11:31] {Threei} so you get cocky and STOP doing that thing?
[11:31] {dino} happens to us all geo.
[11:31] {GeoArb} no no
[11:32] {GeoArb} I add my own stuff on top
[11:32] {Threei} right
[11:32] {dino} bury the dead, best thing to do
[11:32] {Threei} which qualifies as stopping
[11:32] {GeoArb} sigh
06[11:32] * GeoArb slaps GeoArb around a bit with a large trout
[11:32] {Threei} since the thing was to take my calls only for a while,
[11:32] {Threei} see what works
[11:32] {Threei} formulate it
[11:32] {Threei} then start venturing on your own
06[11:32] * peterg slaps GeoArb around a bit with a large trout
[11:33] {GeoArb} hey !!
[11:33] {peterg} yeah!
[11:33] {Threei} so, have you done analysis?
[11:33] {dino} csh sm l .30
[11:33] {peterg} just trying to help
[11:33] {Threei} what is it that I do that differs from what you do?
[11:33] {GeoArb} you dont let a position go against you and you respect stops :(
[11:33] {GeoArb} booohooohoo
[11:34] {peterg} awwww, gee whizzz
[11:34] {peterg} give him some money
[11:34] {peterg} geo, youll get it
[11:34] {GeoArb} umm peterg
[11:34] {GeoArb} i made my daily
[11:34] {peterg} goodo
[11:35] {peterg} good oh
[11:35] {peterg} good0
[11:35] {dino} he's got it
[11:35] {GeoArb} :)
[11:35] {GeoArb} wfc hmmm
[11:35] {dino} geo, i understand, when i do not hard stop entries, i let them slip bigger....because i am an idiot. wired wrong i guess
[11:35] {Chaeron} Geo, you've been doing exceptionally well... ccongrats
[11:36] {GeoArb} exactly geo
[11:36] {GeoArb} thats my [roblem
[11:36] {GeoArb} thanks chaer
[11:36] {dino} and bottom line....its all about stops
[11:36] {Threei} WFC 32 break was a valid setup... I just am not very delighted about risk levels here
[11:36] {GeoArb} cup and handle?
[11:37] {GeoArb} not taking just observing
[11:37] {Threei} "Bush is to the left of me now," Chavez told an audience of international intellectuals debating the benefits of socialism. "Comrade Bush announced he will buy shares in private banks."
[11:37] {Threei} it was, yes
[11:38] {dino} wonders never cease, magoo bought lunch
[11:38] {GeoArb} wow
[11:38] {GeoArb} he must be killing it
[11:40] {dino} drys gap filled
[11:41] {magoo} hey
06[11:41] * Threei slaps magoo around a bit with a large trout
[11:42] {dino} anyone having fun today?
[11:42] {Threei} gosh
[11:42] {Threei} I make money and get to slap people
[11:42] {dino} :)
[11:42] {Threei} what is not fun about that?
[11:42] {magoo} and i likegetting slapped
[11:43] {ThurstonHowellTheThird} what more could you ask for?
[11:43] {Threei} there
[11:43] {Threei} fun all around
[11:43] {Threei} well, I could think of a few more things thtt
[11:43] {Threei} but this will do for now
[11:46] {magoo} i see qqqq held 29
[11:47] {GeoArb} wfc doing better than bac
[11:47] {dino} dji wants green
[11:48] {Threei} well, I couldn't bring myself to hold longs in this environment for more than scalp
[11:48] {Threei} or reenter when they were that far from bottom
[11:48] {Threei} those are things you do in bull market
[11:48] {Threei} and we will be back doing them when it's time
[11:48] {GeoArb} i have to say
[11:48] {dino} same, look amzn .80 higher, afam 1.00 higher etc
[11:49] {GeoArb} and this is totally random.....paul newman is my new hero
[11:49] {GeoArb} the more i read about him the more impressed i am
[11:50] {GeoArb} he gave away more than anyone in his league in terms of relative income
[11:50] {GeoArb} wfc
[11:51] {dino} cool dude
[11:51] {GeoArb} amazing philanthrpist
[11:55] {Chaeron} He was... I heard rick warren gives 90% of his income away and lives on 10%... another in that league
[11:55] {GeoArb} really?
[11:56] {Chaeron} yes
[11:57] {GeoArb} i have a few people in my office who are in his congregation
[11:57] {Chaeron} he's the guy that moderated the first "debate" between Sens. McCain and Obama
[11:57] {magoo} gog reports tonite..always fun to watch
[11:57] {GeoArb} cone of silence didnt exist
[11:57] {magoo} will go 50 points but never know which way
[11:58] {magoo} goog that is
[11:58] {Threei} QATARI OIL MINISTER: BELIEVES OPEC WILL CUT PRODUCTION BY 1.0M BBL OR MORE IN UPCOMING CONFERENCE
[12:00] {GeoArb} comeone !!!
[12:00] {GeoArb} its not like they have a recession
[12:00] {Threei} why don't these guys justy gather once, establish a price per barrel they like and tell the world "this is what we sell it for, period"
[12:00] {GeoArb} chaer dcc
[12:01] {dino} that price would be $200
[12:01] {Chaeron} this way they can front run the markets and make more $$$
[12:01] {GeoArb} noooooo... I am planning to buy a pilot
[12:01] {peterg} for your plane?
[12:01] {Threei} they are dictatorships anyway, it's not like they believe in free markets
[12:02] {peterg} nobody does anymore
[12:02] {dino} you guys remember the days when the dji would not move more than 100 pts intra-day
[12:02] {Chaeron} right but they can manipulate other markets... I want to do that one day.. LOL
[12:02] {Threei} dino... we would if our memory span exceeded 15 minutes
[12:02] {dino} me too chaert, i'd make a good dictator
[12:02] {dino} imo of course
[12:02] {Threei} so would I
[12:03] {Chaeron} I 'd vote for you guys... I'd have to I think.........
[12:03] {Threei} I would be the benevolentest dictator of all times
[12:03] {dino} somehow tho, at home i am not in charge
[12:03] {Threei} you better chaeron
[12:03] {GeoArb} lol
[12:03] {Threei} we benevolent dictators shoot those who don't vote for us
[12:03] {GeoArb} honda pilot peterg
[12:03] {Threei} but you are free to chose of course
[12:03] {dino} we have too, it saves taxpayers $
[12:04] {peterg} gd choice
[12:04] {GeoArb} sounds like trading with debeers
[12:04] {GeoArb} my friend buys with them
[12:04] {GeoArb} they give him a box and tell him what they think it is worth
[12:04] {GeoArb} he has a chice
[12:05] {GeoArb} not buy and never be invited again
[12:05] {GeoArb} lol
[12:06] {Threei} I don't like this quitness in the market
[12:06] {Threei} quietness
[12:07] {Threei} lately all calm periods turned into selling storms
[12:07] {dino} going down
[12:07] {Threei} good thing we made decent money
[12:07] {Threei} can sit out uncertain period now
[12:07] {GeoArb} can we short wfc?
[12:08] {Threei} can as in should we?
[12:08] {GeoArb} can
[12:08] {Threei} or as in "will we be shot by some benvolent dictator"?
[12:08] {GeoArb} sheesh
[12:08] {dino} lol
[12:08] {dino} just re-fi w/them and default
[12:08] {GeoArb} vads really plotting here
[12:09] {Threei} hehe
[12:09] {Threei} if you mean whether it's shortable - yes it is
[12:09] {GeoArb} i tried yesterday and got sec error
[12:09] {Threei} which you casn easily find out by sending an order to short couple bucks above market
[12:09] {GeoArb} true
[12:09] {Threei} inststead of making me work
[12:10] {dino} thats what i do
[12:10] {GeoArb} yeah looks like is ok
[12:10] {Threei} {--- looking for an excuse again
[12:10] {Threei} oh, like I really need excuse
06[12:10] * GeoArb looks busy
06[12:10] * Threei slaps Threei around a bit with a large trout
06[12:10] * magoo slaps GeoArb around a bit with a large trout
[12:10] {GeoArb} wahy magoo why?
[12:10] {Threei} ty magoo
[12:10] {Threei} here is why Geo
[12:10] {Chaeron} Benevolent dictators don't need no stinkin' excuses
06[12:10] * Threei slaps GeoArb around a bit with a large trout
[12:11] {magoo} hows that vad
[12:11] {Threei} yes chaeron, that's why I slapped mysaelf - to remind that
06[12:11] * GeoArb thinks magoo will be a good dictator's hatchet man
[12:11] {magoo} u correct
[12:11] {Chaeron} as BD, you could hire me to slap you if you'd desire :)
[12:11] {GeoArb} BD?
[12:12] {GeoArb} oh ok
[12:12] {Chaeron} Benevolent Dictator
[12:12] {GeoArb} heheheh
[12:12] {GeoArb} i believe we have a new name for 3i
[12:12] {Threei} you can call me BeneDict
[12:12] {Chaeron} lol
[12:12] {GeoArb} BeneDict Lord Vadster
[12:13] {GeoArb} surge
[12:13] {Threei} ok... Seinfield still can sleep well I suppose...
[12:13] {dino} purge
[12:13] {magoo} sir benedict lord vader
[12:13] {dino} green comp, dji next
[12:14] {hawkfan4} awesome call on nasdaq double bottom vad. bot nq small at 1198, put in stop, ran to the bank, and came back to happiness
[12:15] {Threei} wtg hawk
06[12:15] * dino slaps Chaeron around a bit with a large trout
[12:15] {Threei} we are green
[12:15] {Chaeron} for?
06[12:15] * dino slaps hawkfan4 around a bit with a large trout
[12:15] {Threei} now don't forget
06[12:15] * magoo slaps Chaeron around a bit with a large trout
[12:15] {GeoArb} how many points hawk?
[12:15] {Threei} double bottom is a double bottom until it's not
[12:15] {hawkfan4} so far +72
[12:15] {dino} hawk, what about my dji wants 8200 way up there
[12:15] {Threei} jez hawk
[12:15] {hawkfan4} that was sweet too dino :)
[12:15] {Threei} 72 points?
[12:16] {Threei} onhbow many contracts?
[12:16] {dino} :)
[12:16] {magoo} i am l goog 324
[12:16] {hawkfan4} just 2, but still like 3k
[12:16] {GeoArb} ammmmazing hawk
[12:16] {dino} that was 400 pts ago
[12:16] {magoo} cme 353
[12:16] {Threei} beauty
[12:16] {dino} wtg magoo
[12:16] {magoo} out cme 360.69
[12:16] {dino} fcx sm l .00
[12:17] {GeoArb} nice magoo
[12:17] {magoo} out goog 328.57
[12:17] {GeoArb} you using IB for NQ hawk?
[12:17] {hawkfan4} yes
[12:17] {GeoArb} so i guess you met your daily hehehe
[12:17] {hawkfan4} :)
[12:18] {magoo} sick..out all morning
[12:18] {dino} out csh .90, +.60
[12:18] {magoo} walk in make 1500 bux
[12:18] {hawkfan4} nice
[12:18] {GeoArb} nice
06[12:18] * GeoArb is hiding his 200
[12:19] {magoo} no brag by any means..just reason why u must stay in game
[12:19] {GeoArb} true
[12:19] {GeoArb} hey its the numbers that inspire
[12:19] {hawkfan4} very true, learned a big hard lesson about that earlier this year mags
[12:20] {dino} ty
[12:22] {magoo} its been a tough environment for sure
[12:23] {GeoArb} quick Q
[12:23] {GeoArb} anyone uses excel connectivity feature?
[12:24] {hawkfan4} i don't
[12:24] {GeoArb} i am just curious if I can use it for faster stop setting
[12:24] {GeoArb} hate using mouse clicks
[12:25] {magoo} i luv using mouse
[12:25] {magoo} where do i plug in micro phone for skype anyone?
[12:26] {magoo} screen or box?
[12:26] {GeoArb} ????
[12:26] {GeoArb} depends on interface
[12:26] {GeoArb} usb or 1/8th
[12:27] {Threei} what I do magoo, is I close my eyes and stab the monitor with plug... sometimes I manage to stick it right into mike icon
[12:27] {Threei} for some reason it doesn't work anyway
[12:28] {magoo} geo HUH?
[12:28] {GeoArb} 1/8th plug?
[12:28] {Threei} ROFL!
[12:28] {Threei} noticed?
[12:29] {Threei} Geo's answer got huh?
[12:29] {magoo} round plug in
[12:29] {Threei} mine was taken as normal
[12:29] {hawkfan4} lol
[12:29] {GeoArb} round like ipod round?
[12:29] {Threei} tells you that magoo finds my approach quite acceptable
[12:29] {magoo} yes
[12:30] {magoo} whats an ipod ?
[12:30] {Threei} lol
[12:30] {Threei} I am falling from my chair here
06[12:30] * GeoArb gives up
[12:30] {dino} -150dji drop?
[12:31] {magoo} where is the ipod located? on screen or on box?
[12:31] {Threei} {--- crying
[12:32] {GeoArb} check your mail vad
[12:32] {hawkfan4} heee, too funny
[12:34] {GeoArb} vad promise no calls for next 5 mins and ill reboot computer
[12:35] {GeoArb} lol thats not very reasonable
[12:35] {Threei} ok, i'LL GO FOR A SMOKE
[12:35] {Threei} oops caps
[12:39] {GeoArb} back
[12:40] {GeoArb} man so many XP patches
[12:40] {GeoArb} unbelievable
[12:43] {Threei} F
[12:43] {Threei} REPORTEDLY LAUNCHING NEW INCENTIVE PROGRAMS
[12:43] {Threei} - Offering $2,000 cash back on 2009 F-150, offering $7,000 cash back on 2008 model.
[12:43] {Threei} - Sees a mild recovery in the light truck segment.
[12:50] {hawkfan4} chaos
[12:51] {Threei} FED'S STERN: THERE HAD BEEN PLENTY OF WARNINGS ABOUT PROBLEMS AT FNM AND FRE - Q&A
[12:51] {Threei} - Restoring a functioning financial system is far more important at the moment than assigning blame.
[12:51] {Threei} ummm
[12:51] {Chaeron} ok, but we still want a hangin'
[12:51] {GeoArb} i am sure we can do both
[12:51] {Threei} yeah but we are going to get president who was right there on the FNM/FRE side
[12:53] {dino} either way
[12:53] {dino} fed must be reading this site 3i to comment above
[12:54] {Threei} I am sure
[12:54] {dino} lol
[12:54] {Threei} I heard Ben can't wait for trading day to end so we post our trading log and he can read
[12:54] {Threei} and he is too cheap to pay for membership
[12:54] {GeoArb} i thought magoo was ben
[12:54] {dino} yeah, the want to shut us dirty rotten speculators down
[12:55] {dino} magoo is "big" ben
[12:55] {GeoArb} ah
[12:55] {Threei} isn't it personal
[12:56] {Threei} ah come on
[12:57] {Threei} that WAS funny
06[12:57] * GeoArb will let BD and hattchet decide
[12:57] {Threei} {--- crying... no one appreciates his sense of humor, decisively moved up to 12 years old
[12:58] {Threei} Short Setup: DELL .49
[12:58] {Threei} if stays below .60
[13:00] {Threei} OCT NAHB HOUSING MARKET INDEX: 14 V 17E
[13:04] {Threei} stopped
[13:13] {Threei} NVDA
[13:13] {Threei} WILL REPORTEDLY AIM TO INCREASE REVENUES THROUGH EXPANSION IN ADDITIONAL MARKETS, WILL UNVEIL NEW VIDEO GAME TECHNOLOGY WITHIN A MONTH'S TIME
[13:15] {Threei} look at UAUA move today
[13:16] {GeoArb} i guess its still sensitive to oil
[13:17] {GeoArb} lod oil 68.57
[13:18] {dino} pulp can move baby
[13:19] {GeoArb} pulp?
[13:19] {peterg} Meanwhile, in Dabai, two Brits jailed for 3 months for sex on beach
[13:19] {GeoArb} serves em right
[13:20] {GeoArb} ask ANYONE in europe if they want britih tourists
[13:20] {peterg} at soccer games, or worse
[13:20] {dino} itmn
[13:21] {Threei} IEA'S TANAKA: THE PERIOD OF LOW ENERGY PRICES HAS PASSED, OIL PRICES WILL INCREASE IN THE LONG TERM
[13:21] {Threei} passed?
[13:22] {dino} pulp baby sienfeld/costanzza
[13:23] {GeoArb} you in itmn dino?
[13:24] {dino} i am now sm .06, careful
[13:24] {dino} would like to see 13.80s
[13:25] {dino} stop just below .60
[13:25] {dino} drug approval, japan
[13:25] {dino} regulatory? whatever that means
06[13:28] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[13:28] {dino} 1:1 geo
[13:28] {Threei} good one dino
[13:28] {GeoArb} nice geo
[13:28] {GeoArb} i didnt enter
[13:29] {GeoArb} really nice
06[13:29] * dino slaps GeoArb around a bit with a large trout
[13:29] {GeoArb} hey i did my daily and learning and observing :)
[13:29] {dino} ty 3i
[13:29] {GeoArb} oh forgot last stop
[13:30] {dino} not sure what to say
[13:30] {dino} working on 2x's
[13:30] {GeoArb} :)
[13:30] {patience} nov oil contract dipped down into the 60's...ho hum, wonder if it will be 50's by friday
[13:30] {dino} stop to .56'
[13:31] {dino} to .73
[13:31] {dino} theres .80
[13:31] {GeoArb} impressive dino
[13:32] {dino} out +.67
[13:32] {dino} lucky
[13:32] {dino} could've easily dropped as much
[13:33] {dino} too tight
[13:36] {dino} itri
[13:38] {Threei} MSFT REITERATES NO INTEREST IN BUYING YAHOO
[13:38] {Threei} {YHOO shareholders} now, who was the imbecil who rejected buyout at 32?
[13:39] {dino} wow
[13:39] {dino} itri
[13:39] {dino} geo, bottom thoughts (geo subbing for bruce)
[13:39] {GeoArb} ummmm
[13:39] {dino} 55 strike
[13:39] {dino} ?
06[13:40] * GeoArb racking brains
[13:40] {GeoArb} 56
[13:40] {dino} bidding 55.01 v sm
[13:41] {dino} not gonna happen
[13:41] {GeoArb} 56
[13:42] {dino} wait
[13:42] {GeoArb} hmmm looking more down
[13:42] {dino} mkt droppiong
[13:42] {dino} can't type
[13:43] {dino} ok, 56 it is
[13:45] {dino} wow, my old friend leap got the bat to its' knees
[13:46] {GeoArb} power up
[13:48] {dino} drop to .61
[13:50] {dino} ok v sm v wide l .60
[13:51] {GeoArb} nope countertrend scares me
06[13:51] * GeoArb bows out
[13:51] {dino} so far u r right
[13:51] {dino} .60 r/r
[13:52] {dino} should've just wating at original
[13:54] {dino} c'mon follow mkt
[13:56] {dino} waited
[13:56] {dino} =wating
[13:58] {Threei} ugh UAUA
[13:59] {dptl} lcc?
[14:00] {dino} stops-skill geo
[14:01] {dino} hard was .96
[14:01] {GeoArb} ok
[14:01] {GeoArb} nice
[14:03] {dino} to .20
[14:03] {dino} 1/1
[14:03] {dino} out slip .16, +.56
[14:03] {GeoArb} wtg
[14:04] {dino} you know why .96 original stop right
[14:04] {Threei} FED ISSUES NEW RISK MANAGEMENT GUIDANCE FOR BANK HOLDING COMPANIES, SHOULD SUPPORT A 'RESILIENT' FINANCIAL SYSTEM
[14:04] {Threei} wow ABK
[14:04] {GeoArb} actually i dont
[14:04] {Threei} ABK
[14:04] {Threei} HEARING FRIEDMAN BILLINGS MAKING POSITIVE COMMENTS ON PROSPECTS FOR FED BACKSTOP (TIMING UINCERTAIN)
[14:05] {Threei} that's all?
[14:05] {dino} 5k order at 55.00, avoid wrong trip move it .04 lower, 500 buy at .95
[14:05] {dino} trip=slip
[14:05] {GeoArb} ic
[14:05] {GeoArb} nice :)
[14:05] {dino} 200 size
[14:06] {dino} thats why wider stop
[14:07] {GeoArb} ok
[14:10] {Chaeron} where's oil?
[14:10] {GeoArb} 70.57
[14:10] {Chaeron} what the heck? Where's the outrage?
[14:10] {dino} nymex.com/index.aspx
[14:11] {Chaeron} oh, I took .19 from DELL... in .66 out .85 earlier... sorry late
[14:12] {Threei} SOLR
[14:12] {Threei} SIGNS $46.8M CONTRACT WITH TOP GREEN ENERGY TECHNOLOGIES
[14:12] {Threei} - Contract is GT Solar's most comprehensive polysilicon production equipment and services agreement to-date, and the company's first sale of its products to a customer based in Taiwan.
[14:12] {Threei} - Expected to begin delivering equipment to Top Green Energy Technologies in the second half of the 2009 calendar year.
[14:13] {Threei} it's kind of one year from now, right?
[14:15] {Chaeron} sigh
[14:15] {Threei} I guess 5.30 buyer looked at calendar
[14:15] {Threei} and hit sell button
[14:15] {Chaeron} that's why I sighed
[14:15] {Chaeron} (teasing)
[14:26] {GeoArb} .
[14:33] {Chaeron} shhhh every be quiet.... Geo thinks he's disconnected :)
[14:34] {hawkfan4} ok...DOH!
[14:34] {GeoArb} :)
[14:35] {dino} i think he is
[14:36] {dino} oh thats right, on ignore
[14:36] {GeoArb} ---------
[14:36] {GeoArb} [11:35] [GeoArb PING]
[14:36] {GeoArb} -----------
[14:36] {GeoArb} [11:35] [GeoArb PING reply]: 0secs
[14:36] {dino} cmt has a pleasant show on now
[14:37] {GeoArb} whats cmt?
[14:37] {dino} country music channel
[14:37] {GeoArb} ah ok
[14:37] {dino} dallas cowboy cheerleader tryouts
06[14:37] * GeoArb is fumbling for the remote
[14:38] {dino} lol
[14:38] {dino} commercial
[14:38] {hawkfan4} {==hawk knocks over his diet coke dashing for the tv
[14:38] {GeoArb} diet hawk?
[14:38] {hawkfan4} diet cherry
[14:39] {dino} diet coke
[14:39] {dino} you have to remember geo, we're old guys compared to you
[14:39] {GeoArb} heh
06[14:40] * GeoArb is young and tubby
[14:40] {hawkfan4} how old r u geo?
[14:40] {GeoArb} 34
[14:40] {hawkfan4} ah, 39
[14:40] {dino} 43 here
[14:40] {GeoArb} heard rumores laserdave is 19
[14:40] {Threei} ,lol
[14:41] {dino} now his girlfriend is
[14:41] {GeoArb} even better
[14:41] {dino} indeed
[14:41] {dino} vv sm wide l ice .75
[14:41] {GeoArb} spit it out chaeron
[14:47] {dino} ok 8 ball says dji close hod
[14:47] {magoo} lil power up here
[14:47] {hawkfan4} im with ya. thinking big rally to the close
[14:48] {dino} theres 51
[14:48] {dino} 100 to go
[14:51] {dino} 101
[14:52] {dino} 110
[14:53] {Threei} so... ADBE .50 break, and UAUA .50 break?
[15:02] {GeoArb} you take uaua vad?
[15:03] {Threei} sure
[15:03] {Threei} can't decide to scakp or nurse it
[15:03] {dino} 111
[15:04] {GeoArb} NQ hod
[15:06] {dino} out fcx .45, +.45
[15:06] {magoo} because you are such "the " nursing nuturing type lol
[15:06] {dino} out ice .00, +1.25
[15:07] {dino} b e a u t i f u l
[15:08] {Chaeron} great one dino
[15:08] {dino} 8 ball wrong, exceeded hod
[15:08] {dino} ty chaer
[15:11] {GeoArb} 1282 to 1292.5 2 lots
[15:11] {dino} gj
[15:11] {hawkfan4} nice trades
[15:11] {dino} need 100 more points for average 700 range
[15:12] {magoo} crazy dino
[15:12] {dino} 75 to go
[15:13] {Threei} out UAUA +.36
06[15:13] * Threei slaps magoo around a bit with a large trout
[15:13] {Chaeron} nice one Vad
[15:13] {GeoArb} nice vad
[15:13] {magoo} :)
[15:13] {Threei} becay=use I am such a nursing type
[15:13] {Chaeron} and benevolent too
[15:13] {dino} nurse this
[15:13] {Threei} out ADBE +.50
[15:13] {Chaeron} roflol... dino about to be kicked
[15:13] {dino} gj
[15:13] {Threei} becayuse I am such a nursing type
06[15:14] * GeoArb doesnt want t imagine vad nursing
[15:14] {Threei} everyone's happy today?
[15:14] {hawkfan4} yes sir
[15:14] {magoo} my best day in month
[15:14] {dino} 30 pts
[15:14] {patience} 765
[15:14] {Threei} :)
[15:14] {GeoArb} really magoo
[15:14] {patience} sorry
[15:14] {magoo} yes
[15:14] {GeoArb} more details pls
[15:14] {magoo} and never started till noon
[15:14] {GeoArb} hehe
[15:14] {magoo} maybe i should sleep in
[15:15] {GeoArb} you should do that more often
[15:15] {Chaeron} DELL?
[15:15] {Threei} DELL kind of lags
[15:15] {Threei} not sure about it
[15:15] {dino} next gap dji is 9310
[15:16] {dino} wed. close
[15:19] {magoo} dino really nailing the range guys..pay attention...i wish i had yesterday
[15:21] {GeoArb} vad dcc pls
[15:21] {Threei} do I have to?
[15:22] {dino} no
[15:22] {Threei} good
[15:22] {Threei} I choose not to
[15:22] {GeoArb} puhhhlease
[15:22] {magoo} if u choose not to decide....u still have made a choice
[15:24] {dino} and the worst thing you can do is nothing
[15:24] {hawkfan4} freewill
[15:24] {Threei} what do you mean nothing... I choose to sleep
[15:25] {dino} quoting teddy roosevelt.
[15:26] {Threei} he probably wasn't very big on sleep
[15:26] {dino} in any moment of decision, the best thing you can do is the right thing, the worst thing is nothing
[15:26] {Threei} so by him, doing wrong thing is still better than nothing?
[15:27] {dino} just shy of 3x's guys, i may be done, unless a nice capit pops up
[15:28] {dino} 3i, hmmm, teddy must have been a stock trader, so doing nothing on a bad trade is the worst thing. see
[15:28] {dino} the sign is on the wall directly in front of my desk. a reminder tto keep stops
[15:29] {dino} the other one is churchill and you know what he said
[15:29] {dino} when going through hell, keep going. alas, he too mujst have been a trader at heart
[15:31] {Threei} they all were it seems
[15:32] {dino} yes, they just did not admit it, as traders are evil
[15:32] {dino} cetv sm l .45
[15:33] {dino} should've held itri
[15:34] {patience} are we sure today isn't friday...i am ready for it to be friday at the close
[15:34] {Threei} lol
[15:35] {Threei} wow
[15:35] {Threei} what just happened on UAUA?
[15:36] {hawkfan4} don't see news, maybe 10 strike break
[15:40] {Threei} oh boy
[15:41] {Threei} brutal
[15:41] {dino} hod
[15:45] {dino} cpsi
[15:45] {Threei} IMF"S LIPSKY: DEVELOPED ECONOMIES ARE BARELY AVOIDING RECESSION AT CURRENT
[15:46] {Threei} lol... with all we witnessed, can you believe we are still "avoiding recession"?
[15:47] {Threei} we are talking about toal meltdown, end of days, depression etc... yet economy hasn't even stopped growing?
[15:47] {magoo} man up 357
[15:50] {magoo} 383
[15:50] {Threei} so far, double bottom
[15:50] {Threei} now let's pray we never break these two lows
[15:50] {Threei} 'cause if we do
[15:50] {magoo} dow 5600 if IF
[15:51] {Threei} 5623
[15:51] {magoo} qqqq 29 area douvble bottom
[15:52] {dptl} hmm...well turns to be a really good day....have a good evening all:)
[15:53] {Threei} why wouldn't it be
[15:53] {Threei} dp, before you leave
[15:53] {Threei} read this
[15:53] {Threei} http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3211594/Financial-crisis-Moscow-supermarket-shelves-increasingly-empty-in-Soviet-era-reminder.html
[15:53] {Threei} now leave
[15:53] {dptl} :)
[15:53] {GeoArb} HMMMM
[15:54] {GeoArb} in 1306 out 12 1 lot
[15:54] {hawkfan4} nice
[15:54] {Threei} that's $120 too
[15:54] {GeoArb} yeah :)
[15:55] {GeoArb} see vad
[15:55] {GeoArb} i watched the video
[15:55] {GeoArb} (kidding)
[15:55] {dino} out cetv .00, +.55
[15:55] {Threei} don't kid the kidder
[15:55] {dino} thats it
06[15:55] * Threei slaps GeoArb around a bit with a large trout
06[15:55] * GeoArb slaps dino around a bit with a large trout
[15:55] {GeoArb} 4x dino?
06[15:55] * magoo slaps dino around a bit with a large trout
06[15:55] * magoo slaps Threei around a bit with a large trout
06[15:55] * magoo slaps GeoArb around a bit with a large trout
[15:56] {Threei} trout rage
[15:56] {GeoArb} he is spreading the wealth
[15:56] {magoo} vad..u staying to watch goog show
[15:56] {dino} no, bit over 3x
[15:56] {GeoArb} nice
[15:56] {Threei} nah
[15:56] {dino} good enough tho. good week going
[15:56] {Threei} I have had overabundance of show lately
[15:56] {GeoArb} take more golf vacations :)
[15:56] {Threei} with market, with elections
[15:57] {GeoArb} man this election is tiring
[15:57] {dino} it seems to help. now how can i get wife and kids to understand that once a month i need 4 days of golf
[15:57] {Threei} GOOG can do without me... will leave charts ruinning though to look what happened
[15:57] {Threei} we just had ours Geo
[15:57] {GeoArb} yeah
[15:57] {GeoArb} so did the eskimos win?
[15:58] {Threei} and I participated a bit in our local MP campaign
[15:58] {Threei} very tight race, was somewhat unnerving
[15:58] {dino} lol 12 of 13 today
[15:58] {Threei} nice :)
[15:58] {Threei} OK guys, thank you all
[15:59] {Threei} have a great winning
[15:59] {GeoArb} thanks vad
[15:59] {hawkfan4} thx vad, all
[15:59] {Threei} another dayin the office tomorrow, with probale range of 800 points
[15:59] {magoo} ty boss
[16:00] {dino} 3i, i am going to respond to that the way i do when waitress asks, would you like another beer? i say, why not
[16:00] {Threei} lol
[16:01] {magoo} nutsariolla
[16:01] {magoo} 800 the norm
[16:01] {Threei} REPORTS Q3 $4.92 V $4.75E,
[16:01] {magoo} 350 range slow day
[16:01] {Threei} goog mags
[16:01] {magoo} yes
[16:01] {Threei} R $4.04B V $4.05BE
[16:01] {magoo} ty
Once again, our apologies.
Session Time: Thu Oct 16 00:00:00 2008
[08:30] {Threei} SEPT CONSUMER PRICE INDEX M/M: 0.0% V 0.1%E; CPI EX FOOD-ENERGY M/M: 0.1% V 0.2%E;
[08:30] {Threei} INITIAL CLAIMS: 461K V 478KE; CONTINUING CLAIMS: 3.711M V 3.670ME
[08:30] {Threei} - Prior Initial Jobless Claims from 478K to 477K
[08:30] {Threei} - Prior Continuing Claims revised from 3.659M to 3.671M
[08:39] {ese} morning Vad
[08:39] {Threei} good morning
[08:39] {ese} that sell off yesterday was not the same kind of volume as last thursday
[08:39] {Threei} no
[08:40] {Threei} Europe/Asia reversed losses,
[08:40] {Threei} we are having gap up instead of big down
[08:40] {ese} just looking at that now.....
[08:44] {ese} hmmmmm getting to the point where they've rung out the weak hands
[08:45] {Threei} this point has to come sooner or later
[08:45] {Threei} NCC... I wish I knew what's cooking there
[08:46] {ese} is that a bank?
[08:46] {Threei} yeah, nationalcity
[08:48] {ese} wow.....down from 36.00 high....
[08:49] {Threei} well... just by that you can tell it's a bank :)
[08:49] {ese} assuming the govt is bailing them out as well.....3.00 is a great price
[08:51] {Threei} MORGAN STANLEY RAISED WFC TO OVERWEIGHT FROM UNDERWEIGHT, PRICE TARGET: $40
[08:53] {ese} smart money is going to be picking up shares of banks all over the place.....WFC is free money.....
[09:00] {ese} US banking system needs to do something about the way the back deposits. Canadian system is way more stable. Canadian banks are required to have more gold deposits to back up deposts rather than assets
[09:03] {ese} not sure what it was like down south but it sure didn't seem like canadians were running to the banks to take there money........
[09:03] {ese} seemed like most canadians could have cared less
[09:04] {cosmo} sounds careless
[09:04] {dino} gm all
[09:04] {ese} how so cos?
[09:04] {Threei} dino :)
[09:04] {ese} dino
[09:04] {cosmo} literally
[09:04] {ese} ahh
[09:04] {Threei} it's a matter of leveraging in the fractional reserve system ese
[09:04] {Threei} we all operate in it,
[09:05] {ese} indeed
[09:05] {Threei} but at some point more or less sane leverage, let's say 1:10 or 1:12
[09:05] {Threei} got replaced by up to 1:40
[09:05] {Threei} and new money created by new loans out of thin air turned a system into pyramid standing on its top
[09:06] {dino} just keep 250k or less, you are fine
[09:06] {ese} definately
[09:06] {dino} or, better yet, keep it at brokerage, they carry higher covera amounts
[09:06] {dino} coverage
[09:06] {ese} I understand the leverage thing very well......have to leverage my house every month to stay on this board.......
[09:07] {dino} whats up w/amzn, bloody thing
[09:07] {ese} yuk yuk yuk
[09:07] {dino} lol es
[09:07] {dino} we live on leverage here
[09:07] {ese} ??
[09:08] {cosmo} the need to increase mechanical advantage...
[09:09] {dino} daytrading 4/1
[09:10] {Threei} Why the panic bail-outs? The answer lies in the $55 trillion dollar Credit Default Swap market that is unraveling day to day. Banks and central banks are totally focused on the breaks to the credit ring when up to $400 billion of Lehman Brothers CDS obligations come due in the next week, with nobody at the teller window to pay up.
[09:10] {Onix} Good morning all
[09:10] {Threei} Onix :)
[09:11] {ese} onix
[09:11] {Threei} What this means is that unspecified banks holding the Lehman CDS derivatives will get nothing, and then they will be unable to meet their obligations to other banks. At stake are the Money Market Funds on deposit in these banks. The entire system could collapse, so banks do not want to be in the position of lending to one another. The credit market has failed.
[09:12] {ese} now that should be interesting Vad
[09:13] {ese} I thought those credit swaps had already unravelled.....
[09:13] {ese} end of last month
[09:13] {Threei} I am afraid we are far from that
[09:13] {dptl} good morning all
[09:13] {ese} hmmmmm
[09:13] {ese} dp
[09:13] {Threei} dp :)
[09:14] {dptl} :)
[09:14] {Onix} hi dp
[09:15] {Threei} *SEPT INDUSTRIAL PRODUCTION: -2.8% V -0.8%E
[09:16] {Threei} three biggest banks in the world that control well over 90% of the CDS market: JPMorgan Chase (JPM), Citigroup (C), and Bank of America (BAC).
[09:17] {Threei} This crisis will soon be over – but first the bankers must show us they have survived the next wave of CDS obligations coming due this week and next. The answer will be in the share prices of JPM, C and BAC.
[09:17] {ese} they will get bulk of govt bailout probably .....to back stop it.
[09:20] {ese} if the US govt can't backstop it Vad.....we'll use your money...dinos ...and a couple of otheres on the board
[09:21] {ese} probelem solved!!!!
[09:21] {Threei} I'll defend my last $3.62 till last couple of magoo's blood
[09:22] {ese} definately!!!!! i'lll help
[09:22] {Threei} till last drop I mean
[09:22] {Threei} where is magoo btw??
[09:23] {ese} at the hospital getting blood infusion
[09:23] {Threei} okkkk... dino... any other theory?
[09:24] {dino} magoo dealing w/r.e issues
[09:24] {GeoArb} gm
[09:24] {ese} geo
[09:24] {Threei} Geo :)
[09:24] {Threei} dino... on a scale of the country I hope?
[09:24] {dino} theories, no. i will simple trade what i see, no preconceptions.
[09:24] {Onix} hi Geo
[09:24] {Threei} 'cause gods know, we need someone to deal with those issues
[09:25] {dino} real estate issues
[09:25] {Threei} and I can't think of better person than magoo
[09:25] {Threei} I mean, just remembering that picture of him and killed deer
[09:26] {dino} wow s&p at spring '03 and summer '02 levels
[09:26] {Threei} negotiations over the barrel
[09:26] {dino} lol
[09:26] {Threei} so... I fully hope when magoo gets here he can report that r e issues are fixed in the USA
[09:27] {Threei} and we will buy everything in sight before letting the rest of the market know
[09:27] {dino} i think you will be disappointed
[09:28] {Threei} can I have a dream?
[09:29] {dino} indeed
[09:30] {ese} I dream of trading like you two!!!!!! does that count
[09:31] {dino} ok i'd like to see 8451 tagged then run
[09:33] {ese} bstop STLD .06
[09:34] {dino} 50 pts
[09:34] {dino} sm amzn l .25 wide
[09:35] {Threei} ADBE'
[09:35] {Threei} .11 long half lot
[09:35] {Threei} stop under 25
[09:35] {ese} L stld .07
[09:35] {dino} stop to .65
[09:36] {ese} i hope i haven't been bull trapped suckered
[09:36] {dino} to .25
[09:36] {Threei} half out .24
[09:36] {Threei} scalpers take profit
[09:36] {ese} get moving
[09:36] {dino} out .25, +1.00 amzn
[09:36] {GeoArb} half .23
[09:36] {dino} nobody?
[09:37] {Threei} out in full .50
[09:37] {Threei} sorry dino
[09:37] {Onix} ty got 17c
[09:37] {Threei} got involved with ADBE
[09:37] {GeoArb} nice dino
[09:37] {dino} hmmm
[09:37] {ese} nice dino....crap how do you do that??
[09:37] {dino} going to do it again i think
[09:38] {dino} nope
[09:40] {dino} chk l sm .30
[09:40] {Threei} Long Setup: MS 19.10 half lot
[09:40] {ese} stop to .00 STLD....very tight
[09:40] {Threei} if stays above .90
[09:40] {dino} oih rocking
[09:42] {ese} out STDL .27
[09:42] {Threei} wtg
[09:43] {ese} + .20 full lot....
[09:43] {ese} thats it for me today.......thursday is one of my early days
[09:43] {Threei} vene vidi vici
[09:43] {Threei} good job
[09:43] {ese} is that what that means
[09:44] {Threei} like I know what means what... I am poking keyboard randomly
[09:44] {Threei} stopped MS
[09:44] {GeoArb} out
[09:45] {ese} what were you in geo?
[09:45] {Onix} stopped ms
[09:45] {GeoArb} MS
[09:45] {Threei} TREASURY'S PAULSON: REITERATES THAT TAXPAYERS WILL RECOUP ALL OF THE $700B SPENT ON THE BAILOUT PACKAGE
[09:45] {ese} ahhhhhh good one
[09:46] {ese} sure they will....in 50 to 60 years
[09:46] {GeoArb} UBG IBG theory
[09:46] {GeoArb} youll be gone ill be gone
[09:47] {ese} good one haven't heard that one before
[09:47] {dptl} out stld +.30 ty ese
[09:47] {GeoArb} isnt that what all financial services did?
[09:48] {ese} your welcome dp......
[09:48] {ese} you did much bette thanI
[09:49] {dino} gj dp es
[09:49] {dptl} i took half lot though so its preatty much balanced:) ese
[09:49] {ese} I took a full one.....hence the tight stop
[09:49] {ese} it worked though
[09:50] {dptl} yep good call:)
[09:50] {dino} chk stop to .80
06[09:50] * Threei slaps ThurstonHowellTheThird around a bit with a large trout
[09:50] {dino} out chk .80, +.50
[09:51] {ThurstonHowellTheThird} Good morning
[09:51] {Threei} good to see you thtt
[09:51] {dptl} look who is here:)
06[09:51] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[09:51] {ese} thurston....long time no see.......hows the "minnow"
[09:51] {GeoArb} wow BTU
[09:52] {dino} gm thtt
[09:52] {ThurstonHowellTheThird} I finally got rescued from the island
[09:52] {ThurstonHowellTheThird} again
[09:52] {dino} i was thinking ginger, es
[09:52] {ese} didn't leave Mary=- Ann I hope
[09:52] {Threei} lol
[09:52] {Threei} how have you been?
[09:53] {ThurstonHowellTheThird} ok
[09:53] {dino} jpm?
[09:53] {ThurstonHowellTheThird} today is the open house, right?
[09:54] {Threei} actually, we had to reschedule it
[09:54] {Threei} some problems with mass e-mails
[09:54] {GeoArb} wo open house
[09:54] {ThurstonHowellTheThird} uh oh
[09:54] {GeoArb} ahh right the email we didnt get
[09:54] {Threei} only a few trickled through
[09:54] {GeoArb} wow BTU again
[09:54] {Threei} but hey, stay if you are one of few lucky ones :)
[09:54] {dino} sm l jpm .60
[09:54] {Threei} no news JPM
[09:55] {ThurstonHowellTheThird} thanx
[09:55] {Threei} I guess those CDS unwind not very well
[09:56] {dino} they are one of the annointed ones
[09:56] {dino} strange
[09:56] {dino} in any case stop is .25
[09:56] {Threei} (GE) GERMAN BUNDESBANK: CONFIDENT THAT IT WILL REACH AGREEMENT WITH THE GOVT ON THE NEW FINANCIAL STABILIZATION FUND
[09:56] {Threei} - The agency running the fund will be separate from the Bundesbank, supervised by the finance ministry.
[09:56] {Threei} - Accord will preserve the independence of the Bundesbank, which will support the management of the new fund agency.
[09:56] {Threei} - An additional finace market stability agency will be established within the bundesbank.
[09:57] {dino} skf quite the 5 day chart
[09:57] {Threei} C and BAC got hit just the same
[09:58] {dino} jpm stopped -.38
[09:58] {dino} man, hard stops on nyse always rinse me
[09:58] {ese} no kidding dino
[09:59] {dino} look right back to .60
[09:59] {ese} $100.00 up and down.....for the lucky few
[09:59] {dino} .90
[09:59] {dino} sheesh
[10:00] {Threei} *OCT PHILADELPHIA FED INDEX: -37.5 V -10.0E
[10:00] {dino} hard fall
[10:00] {dino} dji going neg
[10:01] {dino} back to original mode
[10:01] {dino} jpm l .30
[10:02] {dino} whippy markets, careful guys
[10:03] {dino} out jpm .70, +.40
[10:04] {dino} too soon
[10:04] {Threei} no such thing as taking profit too soon when it comes to banks - until financial crisis is over'
[10:05] {dino} y, worked out
[10:05] {Threei} Short Setup: C 15.60 break
[10:05] {Threei} if stays under .80
[10:05] {Threei} half lot
[10:07] {dino} need coffee
[10:07] {dino} waiting a few here, strange
[10:08] {Threei} covering half C
[10:09] {Threei} .43
[10:09] {Threei} stop to .65
[10:10] {Threei} to .55
[10:10] {Threei} feel free to cover as you see fit
[10:11] {Onix} ty Vad 22c on C
[10:11] {dino} going for the gap
[10:11] {Threei} welcome
[10:11] {Threei} come on THTT... tell me you made your profit with us after long break
[10:11] {Threei} I am out in full .19
[10:12] {Threei} +.40
[10:12] {GeoArb} out .29 TY vad
[10:12] {Threei} :)
[10:12] {dino} c'mon 25 pts
[10:12] {ThurstonHowellTheThird} figures...I just got back from the bathroom :(
[10:13] {dino} bammmmm
[10:13] {GeoArb} lol
[10:13] {dptl} lol
[10:13] {Threei} sigh
[10:13] {dino} fri-mon gap filled
[10:13] {GeoArb} joyg
[10:13] {ese} have a great day all.......
[10:14] {ese} outta here
[10:14] {GeoArb} bye ese
[10:14] {dino} step aside
[10:14] {ese} geo
[10:14] {dino} es cya
[10:14] {Threei} take care ese
[10:15] {dino} -900 pts since yesterday
[10:15] {dino} crazy
[10:15] {Threei} US TREASURY'S PAULSON: US WILL HAVE A FEW 'TOUGH MONTHS' WILL PERFORM WELL AFTER THROUGH ROUGH TIME FRAME DUE TO US RESILIENCY - TV INTERVIEW
[10:15] {Threei} - Notes that indicators are showing that the US is doing the right thing
[10:15] {Threei} what indicators?
[10:16] {Threei} I want his indicators
[10:16] {GeoArb} stochastics
[10:16] {dino} risky sm l fcx .00
[10:17] {peterg} morning people
[10:18] {Threei} peter :)
[10:19] {Threei} dino... how bored are we going to be when market returns to its usual ranges
[10:20] {Onix} i can;t wait for more boring markets to return!
[10:21] {dino} very 3i, very
[10:21] {dino} back to sleeping at desk
[10:22] {dino} have to admit, pretty intense lately
[10:23] {Threei} it's time to hear from long time friends:
[10:23] {Threei} NIGERIAN OIL MIN: EMERGENCY OPEC BEFORE NOV IS BEING CONSIDERED
[10:23] {Threei} {USO}
[10:29] {dino} out fcx .40, +.40
[10:29] {Onix} gj
[10:29] {dino} ty
[10:30] {dino} had .75, greed
[10:32] {Onix} yesit was movig qute fast up & down
[10:33] {dino} glad to be out
[10:34] {dino} going fpor 8200, start of leg up
[10:35] {Threei} OPEC HAS REPORTEDLY RESCHEDULED EXTRAORDINARY MEETING TO OCT 24 FROM NOV 17
[10:35] {Threei} - Note the Nigerian Minister earlier noted that this may be a possibility
[10:35] {Threei} extraordinary eh
[10:36] {dino} yes, beer, wine, dancing girls, and perhaps some golf too
[10:36] {dino} i'll be there
[10:36] {hawkfan4} that does sound extraordinary
[10:37] {GeoArb} really?
[10:37] {GeoArb} that just sounds like an ordinary AIG meeting
[10:37] {hawkfan4} lol
[10:40] {ThurstonHowellTheThird} how do I get IRC to beep?
[10:40] {dino} smack it
[10:40] {ThurstonHowellTheThird} still not beeping
[10:41] {dino} eyes on amzn again
[10:42] {dptl} go to dcc folder and than options you'll find sound settings THTT
[10:42] {ThurstonHowellTheThird} okt thx
[10:42] {Threei} US REPORTEDLY EVALUATING A POTENTIAL PLAN FOR MORTGAGE REFINANCING
[10:44] {Threei} VIX VOLATILITY INDEX REACHES NEW RECORD AT 77.32
[10:49] {dino} yeah, basically the govt is going to rent your house to you, as principal will never get paid
[10:50] {Onix} until later, off to work now
[10:51] {Threei} take care Onix
[10:51] {peterg} l8tr onix
[10:51] {dino} cya onix
[10:55] {Threei} watching BAC for possible short on .50 break
[10:55] {dino} sm l fcx .85 risky, fast
[10:56] {Threei} stop above .70 if triggers
[11:00] {Threei} DOE CRUDE: +5.61M V +2.5ME;
[11:00] {Threei} GASOLINE: +7M V +3ME; DISTILLATES: -453K V +500KE; UTILIZATION: 82.2% V 83.7%E
[11:00] {Threei} half out BAC .3
[11:00] {Threei} .32 sorry
[11:01] {dino} -300+
[11:01] {ThurstonHowellTheThird} +.20 ty
[11:01] {dino} 8200 here we come
[11:01] {Threei} finally thtt :)
[11:01] {patience} or below
[11:01] {GeoArb} sheesh
[11:01] {GeoArb} instead of half out I added half
[11:01] {GeoArb} and then panicked and exited
[11:01] {GeoArb} lol
[11:02] {Threei} scalpers are solidly over 1"1
[11:02] {GeoArb} all out .24
[11:02] {GeoArb} TY vad
[11:02] {dino} anyone in fcx don't let it hurt you
[11:02] {Threei} welcome
[11:02] {Chaeron} Good morning everybody... looks like I missed a lot of good ones
[11:02] {Threei} Chaeron :)
[11:02] {GeoArb} hey chaeron
[11:03] {Chaeron} all good up there Geo?
[11:03] {GeoArb} yeah all controlled
[11:03] {GeoArb} you gotta hand it to those helecopters
[11:03] {GeoArb} deadly accuracy
[11:03] {dino} stop fcx -.40
[11:04] {Chaeron} good
[11:04] {dino} now it will go
[11:05] {dino} soon they will drop money out geo
[11:06] {GeoArb} when?
[11:06] {GeoArb} i have been standing with arms outstretched for days !
[11:07] {dino} lol
[11:07] {dino} you see, these fires are the govt's new plan, burn em all, let the insurance companies pay
[11:08] {GeoArb} but the insurance companies ARE the gov these days
06[11:08] * GeoArb is confused
[11:08] {dino} that way, a housing shortage
[11:08] {GeoArb} heard about the AIG england hunting trip on our money?
[11:08] {dino} y
[11:09] {dino} cheney should've gone
[11:09] {patience} not only did they take employees, but their good customers...yeesh
[11:09] {GeoArb} lol dino
[11:09] {dino} kill a couple bonus owners, lol
[11:10] {Threei} I am not a very blood -thristy person, normally... but I am looking forward for trials
[11:10] {dino} amzn sm l .00
[11:10] {Threei} if we found it necessary to sent Martha to jail, what are we to do with these guys?
[11:10] {dino} me too 3i
[11:10] {Chaeron} Frank
06[11:10] * GeoArb has been drying torches and sharpening pitchforks
[11:10] {dino} ebbers and kozloski will have new roomates
[11:11] {dino} lod
[11:11] {GeoArb} -350 dow........ i know i know its nothing
[11:11] {Threei} nah
[11:11] {Threei} not worth wasting baandwidth
[11:12] {dino} hate to say it, but double bottom coming soon, maybe not today...but soon
[11:12] {dino} 7900ish
[11:12] {Threei} on NASDAQ it's right here
[11:12] {Threei} notice finnies do not make new low right now
[11:14] {Threei} WFC
[11:14] {Threei} very risky, long on .50 break
[11:17] {Threei} come on WFC, it's bounce time
[11:18] {GeoArb} stop vad?
[11:18] {Threei} under .25
[11:20] {Threei} BAC's moving, catch up WFC, will ya?
[11:22] {dino} opps forgot order afam l sm .15
[11:22] {Threei} lol
[11:22] {Threei} good boy WFC
[11:22] {Threei} half out .72
[11:22] {Threei} scalpers just be happy
[11:22] {dino} i was a buck under for an hour
[11:23] {GeoArb} all out .68 th vad
[11:23] {Threei} WFC over 1:1 solidly
[11:23] {Threei} welcome
[11:23] {ThurstonHowellTheThird} +.24 thx again
[11:23] {Threei} :)
[11:24] {Chaeron} Hi Mr. Howell... long time... good to see you
[11:24] {Threei} I am out in full .86
[11:24] {ThurstonHowellTheThird} good to see you too :)
[11:25] {Threei} MS CEO: CREDIT HAS 'ABSOLUTELY DRIED UP' - CNBC COMMENTS
[11:25] {dptl} +.29 wfc ty
[11:25] {dino} who is miss ceo?
[11:25] {dino} husband cut her off
[11:26] {Threei} dp :)
[11:26] {dino} out amzn .80, +.80
[11:29] {GeoArb} met my daily
[11:29] {dino} amzn too soon
[11:29] {GeoArb} was down 300 at a point..
[11:29] {Threei} wow
[11:29] {Threei} on what??
[11:29] {GeoArb} dont ask vad
[11:30] {GeoArb} moral is whaen i experiment on my own i should do on 1/4 lot
[11:30] {Threei} we had just one stop today and it wasn't anything of such potential
[11:30] {Threei} ah
[11:30] {dino} partial out afam .80, +.65
[11:30] {Threei} what's with all those intentions to take my calls only for a while
06[11:30] * GeoArb hoping yo didnt remember
[11:30] {Threei} {----- just looking for excuse to do this:
06[11:31] * Threei slaps GeoArb around a bit with a large trout
[11:31] {GeoArb} heheh
[11:31] {GeoArb} you see you made me too much money and i got cocky
[11:31] {dino} gj geo
[11:31] {GeoArb} its your fault
06[11:31] * GeoArb slaps Threei around a bit with a large trout
[11:31] {Threei} so, let me get this straight
[11:31] {dino} out remainder afam .80, +.65
[11:31] {Threei} you do a certain thing,
[11:31] {Threei} it makes you money,
[11:31] {Threei} so you get cocky and STOP doing that thing?
[11:31] {dino} happens to us all geo.
[11:31] {GeoArb} no no
[11:32] {GeoArb} I add my own stuff on top
[11:32] {Threei} right
[11:32] {dino} bury the dead, best thing to do
[11:32] {Threei} which qualifies as stopping
[11:32] {GeoArb} sigh
06[11:32] * GeoArb slaps GeoArb around a bit with a large trout
[11:32] {Threei} since the thing was to take my calls only for a while,
[11:32] {Threei} see what works
[11:32] {Threei} formulate it
[11:32] {Threei} then start venturing on your own
06[11:32] * peterg slaps GeoArb around a bit with a large trout
[11:33] {GeoArb} hey !!
[11:33] {peterg} yeah!
[11:33] {Threei} so, have you done analysis?
[11:33] {dino} csh sm l .30
[11:33] {peterg} just trying to help
[11:33] {Threei} what is it that I do that differs from what you do?
[11:33] {GeoArb} you dont let a position go against you and you respect stops :(
[11:33] {GeoArb} booohooohoo
[11:34] {peterg} awwww, gee whizzz
[11:34] {peterg} give him some money
[11:34] {peterg} geo, youll get it
[11:34] {GeoArb} umm peterg
[11:34] {GeoArb} i made my daily
[11:34] {peterg} goodo
[11:35] {peterg} good oh
[11:35] {peterg} good0
[11:35] {dino} he's got it
[11:35] {GeoArb} :)
[11:35] {GeoArb} wfc hmmm
[11:35] {dino} geo, i understand, when i do not hard stop entries, i let them slip bigger....because i am an idiot. wired wrong i guess
[11:35] {Chaeron} Geo, you've been doing exceptionally well... ccongrats
[11:36] {GeoArb} exactly geo
[11:36] {GeoArb} thats my [roblem
[11:36] {GeoArb} thanks chaer
[11:36] {dino} and bottom line....its all about stops
[11:36] {Threei} WFC 32 break was a valid setup... I just am not very delighted about risk levels here
[11:36] {GeoArb} cup and handle?
[11:37] {GeoArb} not taking just observing
[11:37] {Threei} "Bush is to the left of me now," Chavez told an audience of international intellectuals debating the benefits of socialism. "Comrade Bush announced he will buy shares in private banks."
[11:37] {Threei} it was, yes
[11:38] {dino} wonders never cease, magoo bought lunch
[11:38] {GeoArb} wow
[11:38] {GeoArb} he must be killing it
[11:40] {dino} drys gap filled
[11:41] {magoo} hey
06[11:41] * Threei slaps magoo around a bit with a large trout
[11:42] {dino} anyone having fun today?
[11:42] {Threei} gosh
[11:42] {Threei} I make money and get to slap people
[11:42] {dino} :)
[11:42] {Threei} what is not fun about that?
[11:42] {magoo} and i likegetting slapped
[11:43] {ThurstonHowellTheThird} what more could you ask for?
[11:43] {Threei} there
[11:43] {Threei} fun all around
[11:43] {Threei} well, I could think of a few more things thtt
[11:43] {Threei} but this will do for now
[11:46] {magoo} i see qqqq held 29
[11:47] {GeoArb} wfc doing better than bac
[11:47] {dino} dji wants green
[11:48] {Threei} well, I couldn't bring myself to hold longs in this environment for more than scalp
[11:48] {Threei} or reenter when they were that far from bottom
[11:48] {Threei} those are things you do in bull market
[11:48] {Threei} and we will be back doing them when it's time
[11:48] {GeoArb} i have to say
[11:48] {dino} same, look amzn .80 higher, afam 1.00 higher etc
[11:49] {GeoArb} and this is totally random.....paul newman is my new hero
[11:49] {GeoArb} the more i read about him the more impressed i am
[11:50] {GeoArb} he gave away more than anyone in his league in terms of relative income
[11:50] {GeoArb} wfc
[11:51] {dino} cool dude
[11:51] {GeoArb} amazing philanthrpist
[11:55] {Chaeron} He was... I heard rick warren gives 90% of his income away and lives on 10%... another in that league
[11:55] {GeoArb} really?
[11:56] {Chaeron} yes
[11:57] {GeoArb} i have a few people in my office who are in his congregation
[11:57] {Chaeron} he's the guy that moderated the first "debate" between Sens. McCain and Obama
[11:57] {magoo} gog reports tonite..always fun to watch
[11:57] {GeoArb} cone of silence didnt exist
[11:57] {magoo} will go 50 points but never know which way
[11:58] {magoo} goog that is
[11:58] {Threei} QATARI OIL MINISTER: BELIEVES OPEC WILL CUT PRODUCTION BY 1.0M BBL OR MORE IN UPCOMING CONFERENCE
[12:00] {GeoArb} comeone !!!
[12:00] {GeoArb} its not like they have a recession
[12:00] {Threei} why don't these guys justy gather once, establish a price per barrel they like and tell the world "this is what we sell it for, period"
[12:00] {GeoArb} chaer dcc
[12:01] {dino} that price would be $200
[12:01] {Chaeron} this way they can front run the markets and make more $$$
[12:01] {GeoArb} noooooo... I am planning to buy a pilot
[12:01] {peterg} for your plane?
[12:01] {Threei} they are dictatorships anyway, it's not like they believe in free markets
[12:02] {peterg} nobody does anymore
[12:02] {dino} you guys remember the days when the dji would not move more than 100 pts intra-day
[12:02] {Chaeron} right but they can manipulate other markets... I want to do that one day.. LOL
[12:02] {Threei} dino... we would if our memory span exceeded 15 minutes
[12:02] {dino} me too chaert, i'd make a good dictator
[12:02] {dino} imo of course
[12:02] {Threei} so would I
[12:03] {Chaeron} I 'd vote for you guys... I'd have to I think.........
[12:03] {Threei} I would be the benevolentest dictator of all times
[12:03] {dino} somehow tho, at home i am not in charge
[12:03] {Threei} you better chaeron
[12:03] {GeoArb} lol
[12:03] {Threei} we benevolent dictators shoot those who don't vote for us
[12:03] {GeoArb} honda pilot peterg
[12:03] {Threei} but you are free to chose of course
[12:03] {dino} we have too, it saves taxpayers $
[12:04] {peterg} gd choice
[12:04] {GeoArb} sounds like trading with debeers
[12:04] {GeoArb} my friend buys with them
[12:04] {GeoArb} they give him a box and tell him what they think it is worth
[12:04] {GeoArb} he has a chice
[12:05] {GeoArb} not buy and never be invited again
[12:05] {GeoArb} lol
[12:06] {Threei} I don't like this quitness in the market
[12:06] {Threei} quietness
[12:07] {Threei} lately all calm periods turned into selling storms
[12:07] {dino} going down
[12:07] {Threei} good thing we made decent money
[12:07] {Threei} can sit out uncertain period now
[12:07] {GeoArb} can we short wfc?
[12:08] {Threei} can as in should we?
[12:08] {GeoArb} can
[12:08] {Threei} or as in "will we be shot by some benvolent dictator"?
[12:08] {GeoArb} sheesh
[12:08] {dino} lol
[12:08] {dino} just re-fi w/them and default
[12:08] {GeoArb} vads really plotting here
[12:09] {Threei} hehe
[12:09] {Threei} if you mean whether it's shortable - yes it is
[12:09] {GeoArb} i tried yesterday and got sec error
[12:09] {Threei} which you casn easily find out by sending an order to short couple bucks above market
[12:09] {GeoArb} true
[12:09] {Threei} inststead of making me work
[12:10] {dino} thats what i do
[12:10] {GeoArb} yeah looks like is ok
[12:10] {Threei} {--- looking for an excuse again
[12:10] {Threei} oh, like I really need excuse
06[12:10] * GeoArb looks busy
06[12:10] * Threei slaps Threei around a bit with a large trout
06[12:10] * magoo slaps GeoArb around a bit with a large trout
[12:10] {GeoArb} wahy magoo why?
[12:10] {Threei} ty magoo
[12:10] {Threei} here is why Geo
[12:10] {Chaeron} Benevolent dictators don't need no stinkin' excuses
06[12:10] * Threei slaps GeoArb around a bit with a large trout
[12:11] {magoo} hows that vad
[12:11] {Threei} yes chaeron, that's why I slapped mysaelf - to remind that
06[12:11] * GeoArb thinks magoo will be a good dictator's hatchet man
[12:11] {magoo} u correct
[12:11] {Chaeron} as BD, you could hire me to slap you if you'd desire :)
[12:11] {GeoArb} BD?
[12:12] {GeoArb} oh ok
[12:12] {Chaeron} Benevolent Dictator
[12:12] {GeoArb} heheheh
[12:12] {GeoArb} i believe we have a new name for 3i
[12:12] {Threei} you can call me BeneDict
[12:12] {Chaeron} lol
[12:12] {GeoArb} BeneDict Lord Vadster
[12:13] {GeoArb} surge
[12:13] {Threei} ok... Seinfield still can sleep well I suppose...
[12:13] {dino} purge
[12:13] {magoo} sir benedict lord vader
[12:13] {dino} green comp, dji next
[12:14] {hawkfan4} awesome call on nasdaq double bottom vad. bot nq small at 1198, put in stop, ran to the bank, and came back to happiness
[12:15] {Threei} wtg hawk
06[12:15] * dino slaps Chaeron around a bit with a large trout
[12:15] {Threei} we are green
[12:15] {Chaeron} for?
06[12:15] * dino slaps hawkfan4 around a bit with a large trout
[12:15] {Threei} now don't forget
06[12:15] * magoo slaps Chaeron around a bit with a large trout
[12:15] {GeoArb} how many points hawk?
[12:15] {Threei} double bottom is a double bottom until it's not
[12:15] {hawkfan4} so far +72
[12:15] {dino} hawk, what about my dji wants 8200 way up there
[12:15] {Threei} jez hawk
[12:15] {hawkfan4} that was sweet too dino :)
[12:15] {Threei} 72 points?
[12:16] {Threei} onhbow many contracts?
[12:16] {dino} :)
[12:16] {magoo} i am l goog 324
[12:16] {hawkfan4} just 2, but still like 3k
[12:16] {GeoArb} ammmmazing hawk
[12:16] {dino} that was 400 pts ago
[12:16] {magoo} cme 353
[12:16] {Threei} beauty
[12:16] {dino} wtg magoo
[12:16] {magoo} out cme 360.69
[12:16] {dino} fcx sm l .00
[12:17] {GeoArb} nice magoo
[12:17] {magoo} out goog 328.57
[12:17] {GeoArb} you using IB for NQ hawk?
[12:17] {hawkfan4} yes
[12:17] {GeoArb} so i guess you met your daily hehehe
[12:17] {hawkfan4} :)
[12:18] {magoo} sick..out all morning
[12:18] {dino} out csh .90, +.60
[12:18] {magoo} walk in make 1500 bux
[12:18] {hawkfan4} nice
[12:18] {GeoArb} nice
06[12:18] * GeoArb is hiding his 200
[12:19] {magoo} no brag by any means..just reason why u must stay in game
[12:19] {GeoArb} true
[12:19] {GeoArb} hey its the numbers that inspire
[12:19] {hawkfan4} very true, learned a big hard lesson about that earlier this year mags
[12:20] {dino} ty
[12:22] {magoo} its been a tough environment for sure
[12:23] {GeoArb} quick Q
[12:23] {GeoArb} anyone uses excel connectivity feature?
[12:24] {hawkfan4} i don't
[12:24] {GeoArb} i am just curious if I can use it for faster stop setting
[12:24] {GeoArb} hate using mouse clicks
[12:25] {magoo} i luv using mouse
[12:25] {magoo} where do i plug in micro phone for skype anyone?
[12:26] {magoo} screen or box?
[12:26] {GeoArb} ????
[12:26] {GeoArb} depends on interface
[12:26] {GeoArb} usb or 1/8th
[12:27] {Threei} what I do magoo, is I close my eyes and stab the monitor with plug... sometimes I manage to stick it right into mike icon
[12:27] {Threei} for some reason it doesn't work anyway
[12:28] {magoo} geo HUH?
[12:28] {GeoArb} 1/8th plug?
[12:28] {Threei} ROFL!
[12:28] {Threei} noticed?
[12:29] {Threei} Geo's answer got huh?
[12:29] {magoo} round plug in
[12:29] {Threei} mine was taken as normal
[12:29] {hawkfan4} lol
[12:29] {GeoArb} round like ipod round?
[12:29] {Threei} tells you that magoo finds my approach quite acceptable
[12:29] {magoo} yes
[12:30] {magoo} whats an ipod ?
[12:30] {Threei} lol
[12:30] {Threei} I am falling from my chair here
06[12:30] * GeoArb gives up
[12:30] {dino} -150dji drop?
[12:31] {magoo} where is the ipod located? on screen or on box?
[12:31] {Threei} {--- crying
[12:32] {GeoArb} check your mail vad
[12:32] {hawkfan4} heee, too funny
[12:34] {GeoArb} vad promise no calls for next 5 mins and ill reboot computer
[12:35] {GeoArb} lol thats not very reasonable
[12:35] {Threei} ok, i'LL GO FOR A SMOKE
[12:35] {Threei} oops caps
[12:39] {GeoArb} back
[12:40] {GeoArb} man so many XP patches
[12:40] {GeoArb} unbelievable
[12:43] {Threei} F
[12:43] {Threei} REPORTEDLY LAUNCHING NEW INCENTIVE PROGRAMS
[12:43] {Threei} - Offering $2,000 cash back on 2009 F-150, offering $7,000 cash back on 2008 model.
[12:43] {Threei} - Sees a mild recovery in the light truck segment.
[12:50] {hawkfan4} chaos
[12:51] {Threei} FED'S STERN: THERE HAD BEEN PLENTY OF WARNINGS ABOUT PROBLEMS AT FNM AND FRE - Q&A
[12:51] {Threei} - Restoring a functioning financial system is far more important at the moment than assigning blame.
[12:51] {Threei} ummm
[12:51] {Chaeron} ok, but we still want a hangin'
[12:51] {GeoArb} i am sure we can do both
[12:51] {Threei} yeah but we are going to get president who was right there on the FNM/FRE side
[12:53] {dino} either way
[12:53] {dino} fed must be reading this site 3i to comment above
[12:54] {Threei} I am sure
[12:54] {dino} lol
[12:54] {Threei} I heard Ben can't wait for trading day to end so we post our trading log and he can read
[12:54] {Threei} and he is too cheap to pay for membership
[12:54] {GeoArb} i thought magoo was ben
[12:54] {dino} yeah, the want to shut us dirty rotten speculators down
[12:55] {dino} magoo is "big" ben
[12:55] {GeoArb} ah
[12:55] {Threei} isn't it personal
[12:56] {Threei} ah come on
[12:57] {Threei} that WAS funny
06[12:57] * GeoArb will let BD and hattchet decide
[12:57] {Threei} {--- crying... no one appreciates his sense of humor, decisively moved up to 12 years old
[12:58] {Threei} Short Setup: DELL .49
[12:58] {Threei} if stays below .60
[13:00] {Threei} OCT NAHB HOUSING MARKET INDEX: 14 V 17E
[13:04] {Threei} stopped
[13:13] {Threei} NVDA
[13:13] {Threei} WILL REPORTEDLY AIM TO INCREASE REVENUES THROUGH EXPANSION IN ADDITIONAL MARKETS, WILL UNVEIL NEW VIDEO GAME TECHNOLOGY WITHIN A MONTH'S TIME
[13:15] {Threei} look at UAUA move today
[13:16] {GeoArb} i guess its still sensitive to oil
[13:17] {GeoArb} lod oil 68.57
[13:18] {dino} pulp can move baby
[13:19] {GeoArb} pulp?
[13:19] {peterg} Meanwhile, in Dabai, two Brits jailed for 3 months for sex on beach
[13:19] {GeoArb} serves em right
[13:20] {GeoArb} ask ANYONE in europe if they want britih tourists
[13:20] {peterg} at soccer games, or worse
[13:20] {dino} itmn
[13:21] {Threei} IEA'S TANAKA: THE PERIOD OF LOW ENERGY PRICES HAS PASSED, OIL PRICES WILL INCREASE IN THE LONG TERM
[13:21] {Threei} passed?
[13:22] {dino} pulp baby sienfeld/costanzza
[13:23] {GeoArb} you in itmn dino?
[13:24] {dino} i am now sm .06, careful
[13:24] {dino} would like to see 13.80s
[13:25] {dino} stop just below .60
[13:25] {dino} drug approval, japan
[13:25] {dino} regulatory? whatever that means
06[13:28] * dptl slaps ThurstonHowellTheThird around a bit with a large trout
[13:28] {dino} 1:1 geo
[13:28] {Threei} good one dino
[13:28] {GeoArb} nice geo
[13:28] {GeoArb} i didnt enter
[13:29] {GeoArb} really nice
06[13:29] * dino slaps GeoArb around a bit with a large trout
[13:29] {GeoArb} hey i did my daily and learning and observing :)
[13:29] {dino} ty 3i
[13:29] {GeoArb} oh forgot last stop
[13:30] {dino} not sure what to say
[13:30] {dino} working on 2x's
[13:30] {GeoArb} :)
[13:30] {patience} nov oil contract dipped down into the 60's...ho hum, wonder if it will be 50's by friday
[13:30] {dino} stop to .56'
[13:31] {dino} to .73
[13:31] {dino} theres .80
[13:31] {GeoArb} impressive dino
[13:32] {dino} out +.67
[13:32] {dino} lucky
[13:32] {dino} could've easily dropped as much
[13:33] {dino} too tight
[13:36] {dino} itri
[13:38] {Threei} MSFT REITERATES NO INTEREST IN BUYING YAHOO
[13:38] {Threei} {YHOO shareholders} now, who was the imbecil who rejected buyout at 32?
[13:39] {dino} wow
[13:39] {dino} itri
[13:39] {dino} geo, bottom thoughts (geo subbing for bruce)
[13:39] {GeoArb} ummmm
[13:39] {dino} 55 strike
[13:39] {dino} ?
06[13:40] * GeoArb racking brains
[13:40] {GeoArb} 56
[13:40] {dino} bidding 55.01 v sm
[13:41] {dino} not gonna happen
[13:41] {GeoArb} 56
[13:42] {dino} wait
[13:42] {GeoArb} hmmm looking more down
[13:42] {dino} mkt droppiong
[13:42] {dino} can't type
[13:43] {dino} ok, 56 it is
[13:45] {dino} wow, my old friend leap got the bat to its' knees
[13:46] {GeoArb} power up
[13:48] {dino} drop to .61
[13:50] {dino} ok v sm v wide l .60
[13:51] {GeoArb} nope countertrend scares me
06[13:51] * GeoArb bows out
[13:51] {dino} so far u r right
[13:51] {dino} .60 r/r
[13:52] {dino} should've just wating at original
[13:54] {dino} c'mon follow mkt
[13:56] {dino} waited
[13:56] {dino} =wating
[13:58] {Threei} ugh UAUA
[13:59] {dptl} lcc?
[14:00] {dino} stops-skill geo
[14:01] {dino} hard was .96
[14:01] {GeoArb} ok
[14:01] {GeoArb} nice
[14:03] {dino} to .20
[14:03] {dino} 1/1
[14:03] {dino} out slip .16, +.56
[14:03] {GeoArb} wtg
[14:04] {dino} you know why .96 original stop right
[14:04] {Threei} FED ISSUES NEW RISK MANAGEMENT GUIDANCE FOR BANK HOLDING COMPANIES, SHOULD SUPPORT A 'RESILIENT' FINANCIAL SYSTEM
[14:04] {Threei} wow ABK
[14:04] {GeoArb} actually i dont
[14:04] {Threei} ABK
[14:04] {Threei} HEARING FRIEDMAN BILLINGS MAKING POSITIVE COMMENTS ON PROSPECTS FOR FED BACKSTOP (TIMING UINCERTAIN)
[14:05] {Threei} that's all?
[14:05] {dino} 5k order at 55.00, avoid wrong trip move it .04 lower, 500 buy at .95
[14:05] {dino} trip=slip
[14:05] {GeoArb} ic
[14:05] {GeoArb} nice :)
[14:05] {dino} 200 size
[14:06] {dino} thats why wider stop
[14:07] {GeoArb} ok
[14:10] {Chaeron} where's oil?
[14:10] {GeoArb} 70.57
[14:10] {Chaeron} what the heck? Where's the outrage?
[14:10] {dino} nymex.com/index.aspx
[14:11] {Chaeron} oh, I took .19 from DELL... in .66 out .85 earlier... sorry late
[14:12] {Threei} SOLR
[14:12] {Threei} SIGNS $46.8M CONTRACT WITH TOP GREEN ENERGY TECHNOLOGIES
[14:12] {Threei} - Contract is GT Solar's most comprehensive polysilicon production equipment and services agreement to-date, and the company's first sale of its products to a customer based in Taiwan.
[14:12] {Threei} - Expected to begin delivering equipment to Top Green Energy Technologies in the second half of the 2009 calendar year.
[14:13] {Threei} it's kind of one year from now, right?
[14:15] {Chaeron} sigh
[14:15] {Threei} I guess 5.30 buyer looked at calendar
[14:15] {Threei} and hit sell button
[14:15] {Chaeron} that's why I sighed
[14:15] {Chaeron} (teasing)
[14:26] {GeoArb} .
[14:33] {Chaeron} shhhh every be quiet.... Geo thinks he's disconnected :)
[14:34] {hawkfan4} ok...DOH!
[14:34] {GeoArb} :)
[14:35] {dino} i think he is
[14:36] {dino} oh thats right, on ignore
[14:36] {GeoArb} ---------
[14:36] {GeoArb} [11:35] [GeoArb PING]
[14:36] {GeoArb} -----------
[14:36] {GeoArb} [11:35] [GeoArb PING reply]: 0secs
[14:36] {dino} cmt has a pleasant show on now
[14:37] {GeoArb} whats cmt?
[14:37] {dino} country music channel
[14:37] {GeoArb} ah ok
[14:37] {dino} dallas cowboy cheerleader tryouts
06[14:37] * GeoArb is fumbling for the remote
[14:38] {dino} lol
[14:38] {dino} commercial
[14:38] {hawkfan4} {==hawk knocks over his diet coke dashing for the tv
[14:38] {GeoArb} diet hawk?
[14:38] {hawkfan4} diet cherry
[14:39] {dino} diet coke
[14:39] {dino} you have to remember geo, we're old guys compared to you
[14:39] {GeoArb} heh
06[14:40] * GeoArb is young and tubby
[14:40] {hawkfan4} how old r u geo?
[14:40] {GeoArb} 34
[14:40] {hawkfan4} ah, 39
[14:40] {dino} 43 here
[14:40] {GeoArb} heard rumores laserdave is 19
[14:40] {Threei} ,lol
[14:41] {dino} now his girlfriend is
[14:41] {GeoArb} even better
[14:41] {dino} indeed
[14:41] {dino} vv sm wide l ice .75
[14:41] {GeoArb} spit it out chaeron
[14:47] {dino} ok 8 ball says dji close hod
[14:47] {magoo} lil power up here
[14:47] {hawkfan4} im with ya. thinking big rally to the close
[14:48] {dino} theres 51
[14:48] {dino} 100 to go
[14:51] {dino} 101
[14:52] {dino} 110
[14:53] {Threei} so... ADBE .50 break, and UAUA .50 break?
[15:02] {GeoArb} you take uaua vad?
[15:03] {Threei} sure
[15:03] {Threei} can't decide to scakp or nurse it
[15:03] {dino} 111
[15:04] {GeoArb} NQ hod
[15:06] {dino} out fcx .45, +.45
[15:06] {magoo} because you are such "the " nursing nuturing type lol
[15:06] {dino} out ice .00, +1.25
[15:07] {dino} b e a u t i f u l
[15:08] {Chaeron} great one dino
[15:08] {dino} 8 ball wrong, exceeded hod
[15:08] {dino} ty chaer
[15:11] {GeoArb} 1282 to 1292.5 2 lots
[15:11] {dino} gj
[15:11] {hawkfan4} nice trades
[15:11] {dino} need 100 more points for average 700 range
[15:12] {magoo} crazy dino
[15:12] {dino} 75 to go
[15:13] {Threei} out UAUA +.36
06[15:13] * Threei slaps magoo around a bit with a large trout
[15:13] {Chaeron} nice one Vad
[15:13] {GeoArb} nice vad
[15:13] {magoo} :)
[15:13] {Threei} becay=use I am such a nursing type
[15:13] {Chaeron} and benevolent too
[15:13] {dino} nurse this
[15:13] {Threei} out ADBE +.50
[15:13] {Chaeron} roflol... dino about to be kicked
[15:13] {dino} gj
[15:13] {Threei} becayuse I am such a nursing type
06[15:14] * GeoArb doesnt want t imagine vad nursing
[15:14] {Threei} everyone's happy today?
[15:14] {hawkfan4} yes sir
[15:14] {magoo} my best day in month
[15:14] {dino} 30 pts
[15:14] {patience} 765
[15:14] {Threei} :)
[15:14] {GeoArb} really magoo
[15:14] {patience} sorry
[15:14] {magoo} yes
[15:14] {GeoArb} more details pls
[15:14] {magoo} and never started till noon
[15:14] {GeoArb} hehe
[15:14] {magoo} maybe i should sleep in
[15:15] {GeoArb} you should do that more often
[15:15] {Chaeron} DELL?
[15:15] {Threei} DELL kind of lags
[15:15] {Threei} not sure about it
[15:15] {dino} next gap dji is 9310
[15:16] {dino} wed. close
[15:19] {magoo} dino really nailing the range guys..pay attention...i wish i had yesterday
[15:21] {GeoArb} vad dcc pls
[15:21] {Threei} do I have to?
[15:22] {dino} no
[15:22] {Threei} good
[15:22] {Threei} I choose not to
[15:22] {GeoArb} puhhhlease
[15:22] {magoo} if u choose not to decide....u still have made a choice
[15:24] {dino} and the worst thing you can do is nothing
[15:24] {hawkfan4} freewill
[15:24] {Threei} what do you mean nothing... I choose to sleep
[15:25] {dino} quoting teddy roosevelt.
[15:26] {Threei} he probably wasn't very big on sleep
[15:26] {dino} in any moment of decision, the best thing you can do is the right thing, the worst thing is nothing
[15:26] {Threei} so by him, doing wrong thing is still better than nothing?
[15:27] {dino} just shy of 3x's guys, i may be done, unless a nice capit pops up
[15:28] {dino} 3i, hmmm, teddy must have been a stock trader, so doing nothing on a bad trade is the worst thing. see
[15:28] {dino} the sign is on the wall directly in front of my desk. a reminder tto keep stops
[15:29] {dino} the other one is churchill and you know what he said
[15:29] {dino} when going through hell, keep going. alas, he too mujst have been a trader at heart
[15:31] {Threei} they all were it seems
[15:32] {dino} yes, they just did not admit it, as traders are evil
[15:32] {dino} cetv sm l .45
[15:33] {dino} should've held itri
[15:34] {patience} are we sure today isn't friday...i am ready for it to be friday at the close
[15:34] {Threei} lol
[15:35] {Threei} wow
[15:35] {Threei} what just happened on UAUA?
[15:36] {hawkfan4} don't see news, maybe 10 strike break
[15:40] {Threei} oh boy
[15:41] {Threei} brutal
[15:41] {dino} hod
[15:45] {dino} cpsi
[15:45] {Threei} IMF"S LIPSKY: DEVELOPED ECONOMIES ARE BARELY AVOIDING RECESSION AT CURRENT
[15:46] {Threei} lol... with all we witnessed, can you believe we are still "avoiding recession"?
[15:47] {Threei} we are talking about toal meltdown, end of days, depression etc... yet economy hasn't even stopped growing?
[15:47] {magoo} man up 357
[15:50] {magoo} 383
[15:50] {Threei} so far, double bottom
[15:50] {Threei} now let's pray we never break these two lows
[15:50] {Threei} 'cause if we do
[15:50] {magoo} dow 5600 if IF
[15:51] {Threei} 5623
[15:51] {magoo} qqqq 29 area douvble bottom
[15:52] {dptl} hmm...well turns to be a really good day....have a good evening all:)
[15:53] {Threei} why wouldn't it be
[15:53] {Threei} dp, before you leave
[15:53] {Threei} read this
[15:53] {Threei} http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3211594/Financial-crisis-Moscow-supermarket-shelves-increasingly-empty-in-Soviet-era-reminder.html
[15:53] {Threei} now leave
[15:53] {dptl} :)
[15:53] {GeoArb} HMMMM
[15:54] {GeoArb} in 1306 out 12 1 lot
[15:54] {hawkfan4} nice
[15:54] {Threei} that's $120 too
[15:54] {GeoArb} yeah :)
[15:55] {GeoArb} see vad
[15:55] {GeoArb} i watched the video
[15:55] {GeoArb} (kidding)
[15:55] {dino} out cetv .00, +.55
[15:55] {Threei} don't kid the kidder
[15:55] {dino} thats it
06[15:55] * Threei slaps GeoArb around a bit with a large trout
06[15:55] * GeoArb slaps dino around a bit with a large trout
[15:55] {GeoArb} 4x dino?
06[15:55] * magoo slaps dino around a bit with a large trout
06[15:55] * magoo slaps Threei around a bit with a large trout
06[15:55] * magoo slaps GeoArb around a bit with a large trout
[15:56] {Threei} trout rage
[15:56] {GeoArb} he is spreading the wealth
[15:56] {magoo} vad..u staying to watch goog show
[15:56] {dino} no, bit over 3x
[15:56] {GeoArb} nice
[15:56] {Threei} nah
[15:56] {dino} good enough tho. good week going
[15:56] {Threei} I have had overabundance of show lately
[15:56] {GeoArb} take more golf vacations :)
[15:56] {Threei} with market, with elections
[15:57] {GeoArb} man this election is tiring
[15:57] {dino} it seems to help. now how can i get wife and kids to understand that once a month i need 4 days of golf
[15:57] {Threei} GOOG can do without me... will leave charts ruinning though to look what happened
[15:57] {Threei} we just had ours Geo
[15:57] {GeoArb} yeah
[15:57] {GeoArb} so did the eskimos win?
[15:58] {Threei} and I participated a bit in our local MP campaign
[15:58] {Threei} very tight race, was somewhat unnerving
[15:58] {dino} lol 12 of 13 today
[15:58] {Threei} nice :)
[15:58] {Threei} OK guys, thank you all
[15:59] {Threei} have a great winning
[15:59] {GeoArb} thanks vad
[15:59] {hawkfan4} thx vad, all
[15:59] {Threei} another dayin the office tomorrow, with probale range of 800 points
[15:59] {magoo} ty boss
[16:00] {dino} 3i, i am going to respond to that the way i do when waitress asks, would you like another beer? i say, why not
[16:00] {Threei} lol
[16:01] {magoo} nutsariolla
[16:01] {magoo} 800 the norm
[16:01] {Threei} REPORTS Q3 $4.92 V $4.75E,
[16:01] {magoo} 350 range slow day
[16:01] {Threei} goog mags
[16:01] {magoo} yes
[16:01] {Threei} R $4.04B V $4.05BE
[16:01] {magoo} ty
