Dec 10 2008

Big heartful thank you to DRYS and EGLE for making our day perfect. That's all I have to say.

Session Time: Wed Dec 10 00:00:00 2008

[07:27] {_elepet} good morning

[08:00] {Threei}  Good morning

[08:01] {Threei}  DRYS new enthusiasm I see

[08:01] {Threei}  EGLE too

[08:07] {Threei}  10.40 break on DRYS, if it was market hours would be a confident call

[08:07] {Threei}  pre-market, reluctant call

[08:13] {Threei}  if you took it, exit here above .60, partial or halt

[08:13] {Threei}  out 2/3 .67

[08:16] {Threei}  offering last portion 10.90

[08:18] {Threei}  out

[08:44] {hawkfan4} good morning

[08:44] {Threei}  hawk :)

[08:44] {hawkfan4} Vad :)

[08:45] {lisa_jay} Hi Vad.  Nice DRYS call.

[08:45] {hawkfan4} Driving the icy roads of the Chicago suburbs this morning

[08:45] {Threei}  lisa :)

[08:46] {peterg} hello all

[08:46] {Threei}  peter :)

[08:48] {patience} good morning RT

[08:48] {Threei}  patience :)

[08:56] {ese} good morning

[08:57] {ese} pre trading DRYS

[08:57] {hawkfan4} ese,peter,lisa,patience  and all :)

[08:57] {ese} mornin hawk

[08:59] {lisa_jay} Hi Hawk

[09:00] {Threei}  ese :)

[09:00] {KSystems} Good morning :)

[09:01] {ese} morning Vad

[09:01] {Threei}  KS :)

[09:01] {ese} Ksys

[09:02] {KSystems} ese!

[09:08] {ese} whats the news on egle Vad

[09:09] {Threei}  dry shipper

[09:09] {Threei}  same as DRYS

[09:10] {ese} question #2 is SBLK a simpathy play as well

[09:12] {Threei}  08:18am Baltic Dry Bulk index +1.8%, third straight increasemore.. - Capesize : +19% to $5k - Handysize : +0.8% to $4.4k - Panamax: -3.4% to $3.6k (related: EXM DRYS EGLE DSX IYM )

[09:12] {Threei}  not mentioned among sector names... but seems to be in this sector

[09:12] {ese} tks

[09:13] {Onix} Good morning all

[09:13] {brian3579} gm all

[09:13] {Onix} hi brian

[09:13] {ese} onix brian

[09:13] {Threei}  onix brian :)

[09:13] {Geo} gm all

[09:13] {Threei}  brian, welcome back

[09:13] {Threei}  geo :)

[09:13] {brian3579} ty

[09:13] {Threei}  how was your trip?

[09:14] {brian3579} great

[09:14] {dptl} good morning all

[09:14] {Threei}  dp :)

[09:15] {Onix} hi dp

[09:15] {dptl} :)

[09:15] {ese} dp

[09:16] {dptl} ese :)

[09:16] {ese} going to be in your neck of the woods Saturday dp....my band is playing at the Seraton Wall center on Saturday night

[09:17] {hawkfan4} what do you play es?

[09:17] {dptl} is there some event? what time?

[09:18] {ese} professioanl drummmer/ degree in percussion performance/ have played with 4 symphonies in canada

[09:18] {ese} private corporate event dp for RESCAN sicientists and engineers

[09:19] {hawkfan4} wow, cool beans es

[09:19] {dptl} i see :)

[09:19] {ese} keeps me off the streets hawk....and vad keeps me off the streets as well

[09:20] {hawkfan4} lol.  i have a drum set, but haven't ever played it.  bought it a few years ago for my little brother's band, and now they're all married, so i just got it back

[09:20] {ese} heres my band hawk (www.themidnights.com) 

[09:21] {ese} thats funny

[09:21] {Threei}  be back in 5

[09:21] {Geo} so youre the one on left?

[09:21] {Geo} http://www.themidnights.com/bio.htm

[09:22] {hawkfan4} nice es, very cool.  musician + trader, about the best career combo i could think of :)

[09:22] {ese} definately

[09:23] {ese} also teach band and mathematics at a high school here in victoria.....want to be like vad though

[09:23] {Geo} man... no I have to download and listen....

[09:23] {Geo} now

[09:24] {ese} those tunes are 3 years old now we have to put up some new stuff

[09:29] {Threei}  DRYS

[09:29] {Threei}  CANCELS $400M PURCHASE OF 4 PANAMAX CARRIERS

[09:29] {Threei}  - Agreed to cancel the previously declared acquisition of four Panamax dry bulk carriers, which was announced on July 3, 2008, from companies beneficially owned by George Economou, Chairman and CEO of DryShips Inc. The aggregate purchase price of $ 400M would have represented a significant cash outflow from the Company's cash reserves given that the Company had not obtained bank financing for the acquisition.

[09:29] {Threei}  - The Audit Committee of DryShips Inc. concluded that due to the significant deterioration in the dry bulk market since the time the agreements were entered into, it would not be in the best interest of DryShips Inc. to consummate the transaction. The Company will seek to amend, wherever possible, the contracts regarding dry bulk acquisition and newbuilding commitments, potentially resulting in significant capital expenditure savings.

[09:29] {Threei}  - As part of the agreement, the selling companies will retain the deposits totaling $55M for the four vessels

[09:29] {dino} gm all

[09:30] {Threei}  dino :)

[09:30] {Onix} hi dino

[09:32] {dino} :)

[09:32] {wishbone} .

[09:33] {wishbone} .

[09:33] {Threei}  hi wishbone

[09:33] {wishbone} gm....having computer problems today :(

[09:34] {Threei} Long Setup:  EGLE  half lot

[09:34] {Threei}  6.90 - .95

[09:35] {Threei}  stop under .70

[09:36] {lisa_jay} Got 20c on EGLE thanks Vad.

[09:36] {Threei}  :)

[09:38] {Threei} Long Setup:  DRYS  .5 break half lot

[09:38] {Threei}  stop under .30

[09:43] {Threei}  half out DRYS .80

[09:44] {Threei}  stop to .45

[09:45] {Threei}  half out EGLE 7.10

[09:46] {Onix} ty vad, i got .11 & .24 in egle

[09:46] {Threei}  :)

[09:47] {dino} out drys .85, +.35 ty vad

[09:47] {Threei}  offering second half DRYS 12.05

[09:47] {Threei}  dino!

[09:47] {Threei}  broke the curse of the opening trades

[09:48] {dino} took yours'

[09:48] {Threei}  out EGLE in full .37

[09:48] {Threei}  out DRYS in full 12.08

[09:48] {Threei}  can I go home?

[09:48] {KSystems} beauty

[09:49] {lisa_jay} nice

[09:49] {tomg} followed you almost exactly, ty vad

[09:49] {Onix} gj vad

[09:49] {Geo} no !!!

[09:49] {Threei}  tom :)

[09:49] {Geo} i missed second half

[09:49] {Geo} had to scalp in hurry and revboot :(

[09:49] {Threei}  wow... great time to reboot

[09:49] {Geo} you bet

[09:49] {Geo} was rebooting and crying

06[09:50] * Threei passes Geo a tissue

[09:51] {Geo} i hate it when i miss free money

[09:51] {peterg} came back in time to make .08 on drys ty

[09:52] {Threei}  welcome

[09:52] {peterg} next

[09:53] {peterg} egle still climbing

[09:54] {Threei}  not sure about this break attempt

[09:54] {Threei}  something doesn't feel right

[09:54] {Threei}  I'll stay away from EGLE here

[09:54] {Threei}  can't quite put it in words

[09:55] {Threei}  chart looks OK for break but something in me resists

[09:55] {Chaeron} good morning all

[09:56] {dino} mkt pullback perhaps

[09:56] {Threei}  chaeron :(((

[09:56] {patience} yup

[09:56] {Threei}  not sure dino... they both went up against market last time around too...

[09:56] {Threei}  but something is different this time

[09:57] {Threei}  I listen to my inner voice, it proved to be right on too many occassions

[09:57] {peterg} egle breaks down

[09:57] {Threei}  there... have a look at both

[09:57] {Threei}  DRYS down almost a buck in a heartbeat

[09:57] {Threei}  EGLE would have stopped us brutally

[09:57] {peterg} well-tuned attunement

06[09:57] * Threei thanks his inner voice

[09:58] {tomg} nice read egle vad, kept me out, ty

[09:59] {peterg} ditto

[09:59] {tomg} got it first time, though :)

[09:59] {lisa_jay} Thanks to the inner Vad.

[09:59] {Threei}  lol

[10:00] {Geo} yeah the inner vad.... fit young and handsome

[10:00] {Threei}  OCT WHOLESALE INVENTORIES: -1.1% V -0.2%E

[10:00] {lisa_jay} Q's coiling.

[10:00] {dino} i reger to that as "gut"

[10:00] {dino} refer

[10:00] {Geo} hmmm true

[10:01] {lisa_jay} Thanks to Dino's Gut's.

[10:01] {dino} lol

[10:02] {Threei}  (US) TREASURY'S KASHKARI: TREASURY HAS MADE SIGNIFICANT PROGRESS ON TARP

[10:02] {Threei}  {XLF}

[10:02] {Threei}  as in, spent it all?

[10:03] {dino} wmt sm l .45 stop lod

[10:04] {dino} yeah, they have no more money

[10:06] {Threei}  watching HIG

[10:06] {Threei}  pullback into 16 would be interesting

[10:07] {Threei}  half lot

[10:07] {Threei}  volatile

[10:07] {Threei}  alternatively, .26 long

[10:07] {Threei}  with stop under .10

[10:12] {Threei}  stop to .15

[10:12] {Geo} drat again

[10:12] {Threei}  just want to use last pullback to decrease risk

[10:13] {Threei}  not willing to give much of morning profits back

[10:13] {peterg} good

[10:13] {Threei}  I cherish my profits

[10:13] {Threei}  rather be shaken out with tight stop at this point

[10:14] {peterg} in hig?

[10:14] {dino} sso sm l .40, stop .08\

[10:14] {Threei}  yup

[10:14] {dino} wmt stop to .85

[10:14] {dino} to .99

[10:14] {Threei}  market is breaking out

[10:14] {tomg} nice wmt dino

[10:15] {dino} to .05

[10:15] {dino} ty

[10:15] {dino} to .15

[10:15] {Threei}  wow, beauty on WMT

[10:16] {dino} out .25, +.80

[10:16] {dino} wmt

[10:16] {Threei}  wtg

[10:16] {dino} ty

[10:16] {peterg} beaut

[10:16] {dino} longer walk this a.m.

[10:16] {tomg} ty wmt dino, got part of it

[10:16] {peterg} out sso +.15

[10:17] {peterg} thks dino

[10:17] {Threei}  great job guys

[10:17] {dino} sso to b/e

[10:17] {dino} gj guys

[10:17] {Geo} you in hig from where vad... rebooted again

[10:17] {dino} amzn not following so far

[10:19] {tomg} wag

[10:19] {Threei}  .25 Geo

[10:19] {Geo} TY i entered on retrace

[10:19] {Geo} 10 cent stop nice.

[10:20] {Threei}  yeah, what the heck

[10:20] {dino} sso stop to .68, stingy mode

[10:20] {dino} out, +.28

[10:21] {Geo} out

[10:21] {Threei}  stopped HIG

[10:21] {Geo} rinse

06[10:21] * magoo slaps Threei around a bit with a large plate full of regretts for being late

[10:21] {Threei}  good morning to you too mags

[10:22] {Threei}  see how new tools stimulate your creativity?

[10:22] {dino} slacker

[10:22] {Threei}  this is not your old magoo with traditional fish

[10:22] {Threei}  wow HIG

[10:22] {Geo} yup rinse

[10:22] {Threei}  that was uncalled for

[10:22] {Threei}  and very rude

[10:22] {Threei}  off my screen

[10:24] {dino} ouch axys

[10:29] {tomg} wag vad?

[10:31] {Threei}  would like one more little pullback, bottoming out not lower than .25, then break on it, tom

[10:31] {tomg} ok, ty

[10:31] {Threei}  .30 as new support would be even better

[10:34] {Threei} Long Setup:  GG  half lot .15

[10:34] {Threei}  if stays above 27

[10:35] {Threei}  DOE CRUDE: +392K V +1.2ME;

[10:35] {Threei}  GASOLINE: +3.7M V -500KE; DISTILLATES: +5.6 V -1.5ME;

[10:37] {Geo} i guess that GG spike doesnt count vad due to oil number?

[10:39] {Threei}  most likely

[10:39] {Threei}  hard to tell really... a bit more volatility than 15 cents stop allows for

[10:39] {dino} amzn sm l .90, stop .63

[10:40] {Geo} i entered and got stopped

[10:40] {Geo} glad half lot

[10:41] {dino} axys hmm, 55 strike maybe

[10:41] {dino} amzn stopped -.27

[10:42] {Threei}  not sure that was right way to play it geo

[10:43] {Threei}  it violated the support, then spiked sharply into break level

[10:43] {Geo} true... i guess I am a little off

[10:43] {Threei}  I would be hesitant to buy such spike even if it didn't break support prior

[10:43] {Threei}  in such cases, let it go, wait for it to retreat and consolidate, reinforcing the support again

[10:44] {Threei}  when it shows new consolidation it becomes valid again

[10:45] {Threei}  LOL

[10:45] {Threei}  have a look at this

[10:45] {Threei}  ALL CEO: COMPANY STOCK CURRENTLY ATTRACTIVE

[10:45] {Threei}  I am trying to envision CEO who would say our stock is unattractive

[10:45] {Threei}  disgusting

[10:46] {Threei}  repealing

[10:46] {Threei}  stay away

[10:46] {Threei}  whatever you do, please do not buy our ugly stock

[10:46] {dino} wmt big pullback

[10:47] {Threei}  oil is getting hit hard

[10:51] {magoo} we in anything?

[10:51] {Chaeron} trouble

[10:52] {magoo} chaer:)

[10:54] {Threei}  lol

[10:54] {Threei}  not right now mags

[10:54] {Threei}  trying to get a feel for what's next

[10:56] {dino} rec?

[10:57] {magoo} ok..im out  of sorts being late..and now phone call for 10 mins

[10:58] {Threei} Long Setup:  QQQQ  30.04 if stays above 29.95

[11:00] {Threei}  LVS

[11:00] {Threei}  PERSICO CAPITAL (2ND LARGEST HOLDER)DISCLOSES 13.9% STAKE V 3.55 IN OCT

[11:01] {Threei} Long Setup:  DRYS  30 break half lot if stays above .20

[11:02] {Geo} bonds rallying

[11:05] {dino} sm l amzn .30

[11:05] {Threei}  Qs 1:1, half or scalp, your choice

[11:05] {dino} stop .98

[11:05] {Threei}  WHITE HOUSE: PROGRESS HAS BEEN MADE ON AUTO AID BILL

[11:08] {Threei}  DRYS no worky

[11:08] {peterg} made .03, ty

[11:09] {peterg} profit will almost pay for blu-ray disc of The Dark Knight

[11:10] {Threei} Long Setup:  ALTR  .49 if stays above .40

[11:10] {Threei}  lol peter

[11:10] {dino} lol

[11:11] {dino} mkt stuck

[11:12] {Threei}  feels like ramp up is coming

[11:12] {magoo} full lot ALTR?

[11:12] {Threei}  yeah, l.iquid and tight stop

06[11:13] * Threei kicks the market in the rear

[11:13] {Threei}  sold half Qs .15

[11:15] {Threei}  offering 1/5 more at .28 and trying to keep last portion for bigger run

[11:15] {Threei}  1/4

[11:15] {Geo} altr stuck

[11:16] {Threei}  so kick it

[11:16] {Threei}  I am busy kicking QQQQ

[11:16] {magoo} kivking

06[11:16] * Geo puts his kicking boots on

[11:16] {Threei}  {--- doesn't want to know what kivking means

[11:17] {dino} c'mon 3i, you're putting holes in my walls

[11:17] {Threei}  that's not me

[11:17] {Threei}  that's magoo

[11:18] {dino} that son of a..

[11:18] {patience} i need to leave on my run, just a bit of euphoria so i can get out of my position

[11:19] {Threei}  doing all I can

[11:19] {patience} much obliged

[11:19] {lisa_jay} LOL

[11:19] {Geo} out 1/4 Qs

[11:19] {Geo} thanks vad

[11:19] {Threei}  welcome sir

[11:19] {Threei}  out 1/4 more on Qs .28

[11:20] {Geo} where are you throwing rest?

[11:20] {dino} amzn stop to .85

[11:20] {Threei}  stop is under .10 for the last poretion

[11:20] {Threei}  no selling point in mind yet

[11:20] {Threei}  want to try and milk it

[11:20] {Geo} TY

[11:21] {dino} out amzn .90, +.60

[11:22] {Chaeron} nice dino

[11:22] {patience} very nice

[11:22] {patience} my turn now

[11:22] {Threei}  wtg

[11:22] {dino} ty

[11:22] {Threei}  what are you holding patience?

[11:22] {magoo} vad..we looking for more than .02 cents ALTR lol

[11:22] {Threei}  lol, hopefully

[11:23] {Threei}  [11:12] {Threei} feels like ramp up is coming

[11:23] {Threei}  was that a read or what

[11:25] {patience} i'm in silver wheaton, just want another 20 cents

[11:25] {Threei}  that's a slow one...

[11:25] {peterg} ontario?

[11:25] {patience} i know, i know...but its cheap and i can buy volume

[11:25] {patience} and i thought silver would be a gold sympathy play

[11:26] {Threei}  yes... but you'll never get to your run if you want to wait for 20 cents on it :)

[11:26] {Geo} patience you seem to trade metals

[11:26] {patience} well its either me or it running, i would rather it was it

[11:26] {patience} i do geo

[11:26] {Geo} any idea why platinum is priced close to gold hese days?

[11:26] {patience} usually there is some decent momo

[11:26] {patience} shrug, don't trade it geo

[11:27] {Geo} first time in years that has happenned

[11:27] {Geo} ok

[11:28] {dino} geo getting deep on us :)

[11:28] {Geo} it can be a bet the farm spread trade if done right

[11:29] {Geo} just not my ocre competency

[11:29] {Geo} core

[11:31] {dino} sm l t .50

[11:31] {dino} stop .19

[11:36] {dino} amzn smackdown again

[11:47] {Threei}  woohoo

[11:47] {Threei}  ALRT 1:1

[11:47] {Threei}  believe it or not

[11:47] {Geo} heheh got it thanks vad...

[11:47] {Threei}  ALTR

[11:47] {Geo} supreme patience

[11:47] {Geo} see i dont label dogs anymore

[11:47] {magoo} wait 61 and wont fill he hre

[11:48] {Threei}  [11:12] {Threei} feels like ramp up is coming

[11:48] {Geo} hmm i filled 61

[11:48] {Threei}  was that a read or what

[11:48] {Geo} 500 shares

[11:50] {_elepet} altr

[11:52] {patience} euphoria in slw is like watching paint dry

[11:54] {dino} lol, hardly euphoric, :)

[11:58] {Geo} cenx having a good day

[12:03] {magoo} still in q vad?

[12:03] {magoo} out .61 altr ty boss

[12:06] {Threei}  yes Qs

[12:07] {dino} amzn sm l .50

[12:11] {dino} pb &j, not bad

[12:12] {Chaeron} pull back and jump? or Peanut Butter and Jelly???

[12:14] {dino} 2nd

[12:14] {Chaeron} thx, thought I missed something

[12:15] {dino} lol, haven't had one in year or so, pretty tasty

[12:15] {KSystems} Vad, everytime I remember your remark yesterday afternoon I'm hearing a slight thunder rolling

[12:17] {Threei}  which remark?

[12:17] {peterg} still likin amzn dino

[12:17] {peterg} ?

[12:18] {dino} missed my exit on it

[12:18] {dino} wanted .00 never hit

[12:18] {dino} pb&j distraction

[12:20] {Chaeron} my fault.. sorry

[12:20] {dino} not

[12:21] {Chaeron} *whew*

[12:21] {dino} :)

[12:22] {Geo} off to work.... thanks guys... ending neg today due to various technical and mental reasons

[12:23] {Threei}  take care Geo

[12:23] {dino} amzn stopped -.31

[12:23] {patience} bye geo

[12:23] {Threei}  ALTR hit 1:2, QQQQ 1:4

[12:23] {dino} later geo

[12:27] {dino} 90 pt drop in 5 min.

[12:43] {Chaeron} .

[12:43] {magoo} ..

[12:46] {Threei}  was very tempted to reenter Qs of .10 but hesitated

[12:46] {lisa_jay} The ascending triangle support.

[13:06] {magoo} i must confess..i took q .10

[13:07] {Threei}  scalped?

06[13:07] * peterg slaps magoo around a bit with a large a nerf facsimile of the Empire State Building

[13:07] {magoo} lol

[13:08] {Threei}  aren't you guys happy with new script... what an array of opportunities to get creative {G}

[13:08] {peterg} true true

[13:10] {magoo} tru blood

[13:11] {peterg}  I like Sookie

[13:11] {peterg} but haven't watched recently

[13:12] {magoo} everytime i or dino steps in restroom..mkt crashes..i have to pee so bad but afraid mkt cant stand it

[13:12] {dino} indeed sookie

[13:12] {magoo} i luv cookies

[13:12] {dino} it's over peter

[13:13] {Threei}  mags... we can make a strategy out of it

[13:13] {Threei}  we short, you leave

[13:13] {Threei}  you are back we reverse

[13:13] {magoo} i know..dino does that

[13:13] {peterg} ok bye bye sookie for now

[13:13] {magoo} really irritates me lol

[13:14] {Threei}  I will ask KS to make a script for Pee Alert

[13:14] {dino} not my fault magoo, but if you're giving away trades, what can i do but play

[13:14] {dino} the phone rings too

[13:14] {KSystems} a what`?

[13:15] {dino} ks, just do it, no questions

[13:17] {dino} v sm risky, axys l .71

[13:17] {magoo} in q long..but i gotta go

[13:17] {magoo} market to fragile..gotta hold ittttttttttt

[13:18] {lisa_jay} Turned on all the taps in the house just to test how you react to the sound Magoo.

[13:19] {magoo} cruel

[13:19] {lisa_jay} sorry...the scientist in me.

[13:19] {Threei}  lol

[13:21] {dino} lol lisa

[13:21] {magoo} i just went

[13:22] {magoo} look at q chart

[13:22] {magoo} lisa fault

[13:22] {lisa_jay} Sorry :-)

[13:22] {lisa_jay} Needed to get on the q's trade...so wanted a pull back.

[13:29] {Threei}  something is whacky

[13:29] {Threei}  market makes too jerky moves with no warning

[13:29] {Threei}  can't get a feel for it so staying inactive

[13:30] {magoo} u think its this auto bailout news barrage..nonstop

[13:33] {Threei}  US TREASURY'S KASHKARI: I HAVE NOT SEEN A BETTER ALTERNATIVE TO MARK-TO-MARKET ACCOUNTING

[13:33] {Threei}  Try Playboy

[13:34] {Threei}  you may find it better alternative

[13:35] {Threei}  ok, this is total bs:

[13:35] {Threei}  PIMCO'S EL ERIAN: 50 BPS RATE CUT LIKELY AT NEXT MEETING, TOO EARLY TO CALL BOTTOM, USD GAINS WILL NOT CONTINUE HOWEVER NOW IS NOT THE TIME TO SHORT USD

[13:35] {Threei}  - Remarks that the 50 bps cut will have a minimal impact

[13:35] {Threei}  - Sees multiple bottom through 2009, 2009 will be 'unambiguously' sluggish, noting GDP may decline 1-2%

[13:35] {Threei}  - Notes that now is not the time to buy high yield debt or US equities

[13:35] {Threei}  he is giving invsetment/trading advice now??

[13:42] {lisa_jay} You were right Vad about the Q's 

[13:43] {Threei}  yeah, not really playable for now

[13:49] {Threei}  pullback to 30 or just under maybe worth a try long for a scalp

[13:49] {Threei}  with stop under .90

[13:51] {Threei}  in .96

[13:51] {lisa_jay} in

[13:52] {Threei}  nope

[13:52] {Chaeron} good tight stop tho

[13:55] {lisa_jay} Still very jerky Q's.

[14:00] {Threei}  *NOV MONTHLY BUDGET STATEMENT: -$164.4B V -$171BE

[14:14] {Threei}  DRYS

[14:14] {Threei}  ummm

[14:15] {Threei}  late... broke .40 big offer

[14:15] {Threei}  don't want to chase

[14:15] {Chaeron} if it comes back?

[14:15] {Threei}  could be, with stop under .30

[14:15] {Threei}  but watch NASDAQ

[14:16] {Threei}  needs support

[14:16] {Threei}  ok, same situation again

[14:16] {Threei}  big offer to break at .40

[14:16] {Threei}  taken

[14:17] {Threei}  if market cooperates, will take .50 for another jump

[14:19] {Threei}  very willing

[14:19] {Threei}  half out

[14:19] {Threei}  or scalp

[14:19] {Threei}  nice and easy 17 cents

[14:21] {Threei}  US HOUSE VOTES TO SEND AUTO BAILOUT BILL TO SENATE FLOOR TODAY

[14:21] {Threei}  there you go

[14:21] {Threei}  another news, another knee-jerk move

[14:22] {lisa_jay} Thanks Vad, got 14c on DRYS.

[14:22] {Threei}  :)

[14:27] {Threei}  TV: but then the economy hit the fan

[14:27] {Threei}  am I the only one who finds it funny? :(

[14:28] {dino} v sm l afam .45

[14:36] {Threei}  .56 half lot long DRYS

[14:37] {magoo} volume on this up push vad

[14:37] {Threei}  if stays above .45

[14:37] {lisa_jay} stop vad

[14:37] {Threei}  either under .45 or .40

[14:37] {Threei}  both valid

[14:38] {Threei}  US SEN SHELBY: NO AGREEMENT REACHED BETWEEN SENATE REPUBLICANS WITH REGARD TO AUTO BAILOUT BILL

[14:38] {Threei}  market goes up on that

[14:38] {Threei}  I am dazed and confused

[14:38] {Threei}  half out or scalp DRYS

[14:39] {Threei}  your choice

[14:39] {Threei}  I took scalp

[14:39] {Threei}  too sharp up

[14:43] {Threei}  anyone took it?

[14:43] {lisa_jay} nope

[14:44] {Threei}  that does it... no one laughs at my jokes, nor does take my trades

06[14:44] * Threei removes himself to monastery

[14:44] {lisa_jay} sorry hesitated and paid for it...

[14:44] {lisa_jay} I laught at your jokes....and cry at the trades that i miss.

[14:45] {lisa_jay} *laugh

[14:45] {magoo} what the hells going on??

[14:45] {Threei}  I will think of that while meditating among Tibet peaks

[14:50] {dino} afam stop to .18

[14:50] {Threei}  jeez

[14:50] {Threei}  what a jerkiness

[14:50] {lisa_jay} yes

[14:50] {dino} out .16, +71

[14:50] {dino} .

[14:50] {Threei}  wtg

[14:50] {lisa_jay} Vad, do you draw trendlines on q's when following them? (or nq)

[14:50] {patience} nice dino

[14:50] {Threei}  nah

[14:50] {Threei}  too lazy for that

[14:50] {Onix} great dino

[14:51] {Threei}  but they are easy to visualize

[14:51] {dino} lucky

[14:51] {lisa_jay} I have been doing that and it is amazing how sometimes they act as support and resistance.

[14:51] {Threei}  yup

[14:52] {lisa_jay} Wanted to thank you for teaching me that trick...

[14:54] {Threei}  wasting your time lisa... I am going to that monastery anyway {G}

[14:54] {cosmo} take a lap top

[14:54] {Chaeron} beautiful girls thanking you and you're still set on monastery......

[14:55] {Threei}  of course... how else will I reach a... ummm... sites full of wisdom and knowledge

[14:55] {lisa_jay} Chaeron...are you flirting again.

[14:55] {cosmo} telepathy?

[14:56] {Chaeron} constantly *blush*

[15:05] {Geo} ok back.....

[15:05] {Geo} looking forward to crawling back in black.......

06[15:05] * Geo gives a clumsy hint to vad

06[15:05] * Threei pretends not to notice

[15:11] {Threei} Long Setup:  QQQQ  .05

[15:11] {Threei}  if stays above .95

[15:14] {magoo} magoo kickin q for geo:)

[15:15] {Geo} thanks buddy

[15:15] {Threei}  too sharp into resistance

[15:15] {Geo} yup

[15:15] {Threei}  want one more shallow pullback

[15:15] {Threei}  to 30 or so

[15:15] {magoo} not gonna get ut

[15:15] {magoo} blast off

[15:18] {dptl} have a good evening all

[15:19] {Threei}  take care dp

[15:19] {magoo} u to dp

[15:20] {dino} out axys ave .52, sm

[15:20] {Threei}  ok, in

[15:20] {Threei}  .95

[15:21] {Chaeron} stop?

[15:21] {Threei}  under .90

[15:22] {Threei}  could take a few tries, but want to keep it tight

[15:22] {Threei}  maarket is way too nervous

[15:25] {Threei}  half out

[15:25] {Threei}  +.10

[15:25] {peterg} nice

[15:28] {Threei}  offering 1/4 more .11

[15:29] {magoo} opffder .10

[15:29] {Threei}  out 1/4

[15:29] {Threei}  last portion offering .17

[15:29] {magoo} .16 here

[15:29] {Threei}  {--- crying

[15:29] {KSystems} why?

[15:30] {dino} sds sm s .75

[15:30] {Threei}  magoo is undercutting me

[15:30] {Geo} hehe

[15:30] {KSystems} :)

[15:30] {Chaeron} .89 here..... teasing...

[15:30] {Chaeron} took .13...+.15

[15:30] {Threei}  that's OK

[15:31] {Threei}  I'll have m y revenge when he comes to my Tibet cave with beer

[15:31] {Threei}  and I turn him down

[15:31] {Geo} after taking the beer

[15:31] {Threei}  saying "remember all those cents you undercut me by?"

[15:31] {dino} stopped -.35

[15:32] {Geo} ahhhh

[15:32] {Geo} thanks lord vader

[15:32] {Threei}  you are back in black?

[15:32] {Geo} have a 3 week streak going

[15:32] {Geo} almost

[15:32] {Geo} but it counts

[15:33] {Threei}  OK... don't know how you managed to have losing morning but glad we fixed that

[15:33] {Geo} man it was crazy..... 

[15:33] {Geo} i took the stops and rebooted machine on the wrking ones

[15:33] {Geo} thats how

[15:33] {Geo} takes a certain talent

[15:33] {Threei}  what is happening hat you have to reboot multiple times?

[15:33] {KSystems} do you have to reboot a lot?

[15:34] {Geo} no i dont.....

[15:34] {Threei}  I think I reboot once a couple weeks

[15:34] {Geo} for some reason system was hanging

[15:34] {Threei}  out last portion

[15:36] {dino} 3:40 rally?

[15:37] {Threei}  can't get a feel

[15:38] {Threei}  FIDELITY DISCLOSES 14.9% PASSIVE STAKE IN LVS

[15:38] {dino} called averaging down

[15:41] {dino} on the nose

[15:41] {patience} yes it was dino

[15:45] {dino} afam l sm .97

[15:45] {dino} about 90% of the days patience

[15:46] {Threei}  JASO

[15:46] {Threei}  GUIDES Q4 $0.00 V $0.06E, R$124M V $231.3ME (R$191.5M-$221M PRIOR), GROSS MARGINS AT 5-7%

[15:46] {Threei}  to short it or leave it die in peace

[15:46] {Threei}  that is the question

[15:51] {Threei}  hehe... Qs hit my .17

[15:51] {Geo} heheheh

[15:51] {Threei}  not without shaking me oput first of course

[15:52] {Geo} i reentered

[15:52] {Threei}  wtg

[15:52] {Geo} .06 breakout

[15:52] {Geo} half lot only htough

[15:52] {magoo} finally in black..tougher day

[15:52] {magoo} i was out of sync

[15:52] {Geo} yeah same here

[15:52] {Geo} its vad fault

[15:53] {Geo} for raising expectations

[15:53] {Threei}  one missed first hour, another rebooted computer in the middle of the trades... and somehow it's my fault

[15:53] {peterg} hey, quick question in between vad beating

[15:53] {Threei}  monastery... right away

[15:53] {Threei}  this very evening

[15:53] {Geo} vad

[15:53] {peterg} round lot used to be 100 sh; half lot = 50?

[15:53] {peterg} dsnt sound right

[15:53] {Geo} a leader accepts responsibility

[15:54] {Geo} out

[15:54] {Threei}  peter... for me it's 1000 and 500

[15:54] {Geo} same here

[15:54] {Threei}  not sure if that's what you mean

[15:54] {peterg} ok so depends on start point thks

[15:54] {Threei}  pretty much

[15:55] {peterg} I usually buy/sell 100000000000000shares

[15:55] {Geo} nice

[15:55] {Threei}  I would too but I can't count that far

[15:55] {Geo} ok thanks guys..... 

[15:55] {Geo} have a great evening

[15:55] {peterg} who counts? just press buttons

[15:55] {Geo} these inside days are tough

[15:56] {Onix} Thanks for a good day Vad

[15:56] {Threei}  I like to pretend I know what I am doing peter

[15:56] {magoo} full lot =1k here

[15:56] {magoo} half=300

[15:56] {peterg} always good plan

[15:56] {Threei}  onix :)

[15:56] {Geo} wot magoo????

[15:56] {magoo} er, um.wait..500

[15:56] {Threei}  Geo... any day will be tough if you reboot midtrade

[15:56] {Geo} true

[15:56] {peterg} thanks for good day vad, dino

[15:56] {Threei}  lol mags

[15:57] {Threei}  re" math abilities, see magoo setting new standards

[15:57] {magoo} why, is 500 wrong???

[15:57] {Threei}  [15:56] {magoo} full lot =1k here

[15:57] {Threei}  [15:56] {magoo} half=300

[15:57] {peterg} 300 + 300 = 1000

[15:57] {Threei}  that remminds me a dialog betwen Winnie the Pooh and Piglet in russian joke

[15:58] {peterg} da?

[15:58] {Threei}  Winnie: listen bud... we were given 10 jars of jam as a gift...

[15:58] {Threei}  half in half, so here are your 3 jars

[15:58] {peterg} perfect!

[15:58] {Threei}  Piglet: Hmmm? how is half of 10 3?

[15:59] {Threei}  Winnie: I have no idea but I already ate my 7

[15:59] {lisa_jay} lol

[15:59] {peterg} lol

[15:59] {Threei}  OK guys... thank you all

[15:59] {Threei}  have a good evening

[15:59] {Threei}  see you tomorrow

[15:59] {magoo} ok..ill have  to drag my lazy arse out ogf bed tomorrow

[15:59] {Threei}  nah

[15:59] {KSystems} you too, Vad. enjoy the evning

[15:59] {Threei}  leave it there

[15:59] {peterg} and get here on time

[16:00] {magoo} vads picking morning winners

[16:00] {Threei}  wow

[16:00] {Threei}  what just happened to market?

[16:00] {lisa_jay} Thanks Vad.

[16:00] {magoo} was very jerky

[16:00] {Threei}  lisa :)

[16:00] {KSystems} when market grows up, wants to become an oscilloscope

[16:00] {Threei}  lol

[16:01] {Threei}  sophisticated joke... I'll pretend I understand and like those

[16:01] {lisa_jay} KSystems is that a stochastic?

[16:01] {lisa_jay} Never mind.

[16:02] {lisa_jay} Bye everyone.

[16:02] {peterg} bye

[16:02] {dino} strange, 46.29 hits afam and i was 46.22 no fill