Dec 18 2008

Please review the content for the Bahamas Conference in April, 2009. You will find a lot of interesting topics, including five seminars by me. Please fill out the Survey to help finalize the planning.

Not a very tradeable day, with multiple witching coming tomorrow. Some wins, some stops, overall a lot of quite discretionary trades so I'd imagine individual mileage will vary. A few winning ones made the day positive but they were so fast that not many could catch them in time. 

Session Time: Thu Dec 18 00:00:00 2008

[08:03] {magoo} morning

[08:06] {Threei}  Good morning

[08:06] {Threei}  look at DRYS mags

[08:07] {_elepet} good morning. did anyone hold drys overnight?

[08:08] {Threei}  I did, half lot

[08:12] {magoo} do i have too?

[08:12] {Threei}  no

[08:13] {magoo} u held? you dog

[08:13] {magoo} i felt 13

[08:13] {magoo} but no overnite

[08:13] {Threei}  I remember

[08:14] {Threei}  [15:51] {magoo} 13 vad

[08:14] {Threei}  [15:51] {Threei} not today

[08:18] {magoo} brb..coffee

[08:27] {magoo} whats with DVAX vad?

[08:29] {Threei}  12/17/08 06:45am [DVAX] Signs worldwide alliance deal with Glaxosmithkline; To receive $10M initial paymentmore.. - The companies have signed a worldwide strategic alliance to discover, develop and commercialize novel inhibitors of endosomal Toll-like Receptors (TLRs) for the treatment of immuno-inflammatory diseases. TLRs are key receptors of the innate immune system that can induce strong inflammatory responses. - Under the terms of the alliance, Dynavax will receive an initial payment of $10M for which GSK will receive an exclusive option over four programs targeting autoimmune and inflammatory diseases such as lupus, psoriasis, and rheumatoid arthritis. - Dynavax is to conduct research and early clinical development in up to four programs and is eligible to receive future potential development and commercialization milestones totaling approximately $200M per program. GSK can exercise its exclusive option to license each program upon achievement of proof-of-concept or earlier upon certain circumstances. After exercising its option, GSK will carry out further development and commercialization of these products. (related: GSK.UK )

[08:30] {Threei}  INITIAL JOBLESS CLAIMS: 554K V 558KE;

[08:30] {Threei}  CONTINUING CLAIMS: 4.384M V 4.375ME

[08:30] {Threei}  - prior jobless claims revised from 573K to 575K

[08:35] {magoo} vad..u think DRYS prints 14 pre mkt?

[08:36] {Threei}  shouldn't

[08:36] {Threei}  on a spike after opening or later in the day though, quite possible

[08:36] {magoo} u having scanner problems?

[08:36] {Threei}  no, looks fine

[08:37] {magoo} all my screens are blank except pre market {he he}

[08:37] {Threei}  sigh

[08:45] {Larisa1} morning guys 

[08:46] {Threei}  morning larisa

[08:46] {Larisa1} hi threei :)

[08:47] {magoo} morn larisa:)

[08:47] {Onix} Good morning all

[08:47] {Threei}  onix :)

[08:47] {Larisa1} magoo, onix :)

[08:49] {Raven}  morning all :)

[08:49] {magoo} onix:)

[08:49] {magoo} R

[08:49] {magoo} A

[08:49] {magoo} V

[08:49] {magoo} E

[08:49] {magoo} N

[08:49] {Threei}  raven :)

[08:49] {Raven}  oh my magooooooooooooo

[08:49] {Onix} hi raven

[08:50] {Larisa1} morning raven :)

[08:51] {Raven}  we're gonna get BIG snow tomorrow Larisa ... ugh

[08:52] {magoo} us too..12 inches

[08:52] {Larisa1} always ready, i am from up north Russia :)

[08:52] {Raven}  I'll send out 8 inches south to add to your 12, magoo

[08:53] {cosmo} i guess it missed sol.cal again ...sigh

[08:53] {cosmo} so.cal

[08:53] {Raven}  oh please cosmo :)

[08:53] {Larisa1} lol

[08:54] {cosmo} i keep hoping tho

[08:54] {cosmo} 1949 was the last good one i think

[08:54] {cosmo} or was it 1950...

[08:54] {Raven}  ohforgodssake

[08:55] {cosmo} i'll check with algore....brb

[08:55] {Raven}  lol

[08:56] {lisa_jay} Good morning.

[08:57] {Larisa1} gm lisa or jay :)

[08:57] {Onix} gm lisa

[08:57] {Threei}  cosmo, lisa :)

[08:58] {lisa_jay} Hi Larisa (or the 1), Onix

[08:58] {Larisa1} lol

[09:00] {Threei}  C

[09:00] {Threei}  REPORTEDLY, ACCORDING TO AN INTERNAL MEMO, CO. WILL EXPAND CREDIT TO CUSTOMERS WITH MULTI PRODUCT RELATIONSHIPS , AND CONTIUNE TO APPROVE SIGNIFICANT LENDING TO INSITUTIONAL CLIENTS

[09:00] {Threei}  - Co. has also formed a senior commitee to supervize administration of TARP funds

[09:01] {cosmo} MULTI PRODUCT RELATIONSHIPS?

[09:01] {ese} "I'm dreaming of a white Christmas"   sing it Bing baby......ohhhhh good morning everyone....

[09:01] {ese} got carried away there

[09:01] {Onix} about time i would say with C

[09:02] {Onix} hi ese

[09:02] {ese} onix

[09:02] {lisa_jay} Hi Ese.

[09:02] {ese} hey lisa

[09:02] {Threei}  ese :)

[09:02] {ese} haven't seen this much snow on our island for along time......since big blizzard in 96

[09:04] {cosmo} global warming it is....

[09:04] {Threei}  Gore

[09:04] {Threei}  face... in the snow...

[09:04] {Threei}  what's that bad boy?

[09:04] {cosmo} from the bottom up though

[09:04] {Threei}  whodunit?

[09:04] {cosmo} not top - down

[09:06] {cosmo} hot ocean bottom vents = hotter water = more clouds = more storms

[09:06] {dino} gm all

[09:07] {Geo} gm all

[09:07] {Onix} hi dino; geo

[09:07] {dawg} gm all

[09:07] {Onix} hi dawg

[09:07] {dawg} Hello Onix

[09:08] {ese} bstop UAUA 10.80......cheap gasoline....lots of planes flying maybe....

[09:09] {dino} auxl

[09:09] {cosmo} auxl with PFE

[09:10] {dino} ty

[09:10] {cosmo} # Auxilium Pharmaceuticals, Inc. and Pfizer Enter Agreement to Develop and Commercialize XIAFLEX(TM) in Europe Call scheduled for 8:00 am ET todayCCBN(Thu 8:00am)

[09:12] {dino} phase 3 completion

[09:12] {dptl} good morning all

[09:12] {Threei}  dp :)

[09:12] {Threei}  dawg :)

[09:13] {Onix} hi dp

[09:14] {dptl} :)

[09:14] {Threei}  guys, now or later in the day, plesase do this (warning: requires the skill of putting letters together so they form words and even sentences):

[09:14] {Threei}  go to our homepage, look for a banner and text in red letters for Bahamas conferencwe

[09:15] {Threei}  when you click on it, you'll be taken to survey, tis time in black letters

[09:15] {Threei}  they are to be combined into words again, challenging, I know

[09:16] {Threei}  read it, think, fill out the survey, consider coming

[09:16] {Onix} will give it a try

[09:16] {Threei}  please do

[09:16] {Threei}  if I could write it, you can read it!

[09:16] {Threei}  I have faith in you

[09:17] {Threei}  even in you magoo

[09:19] {Threei}  keeping an eye on DVAX to see if it's one hour wonder or has a chance to become one of those non-stop runners

[09:20] {Threei}  usual suspects too of course

[09:20] {ese} DRYS....Everyready Bunny......

[09:20] {Threei}  DRYS, UAUA

[09:20] {Threei}  yup

[09:21] {Threei}  DRYS has this manner to break premarket resistance and jump right our of the gate at the open

[09:21] {Threei}  13.50 is such resistance so far

[09:26] {Threei}  geo dino :0 sorry, missed your entrance earlier

[09:27] {dino} ?

[09:27] {magoo} vad, regarding your request...whatss a homepage?

[09:27] {Threei}  {--- crying

[09:27] {magoo} cant find it in laser {he he he}

[09:28] {Threei}  dino, could you just put your elbow in magoo's ribcage? I'll owe you eternal debt of gratityde

[09:28] {dino} np

[09:28] {Threei}  ty

[09:29] {Threei}  DRYS ebig offer taken in one swoop

[09:30] {Threei}  .63 break long half lot

[09:30] {magoo} in 

[09:31] {Threei}  stop under .40

[09:31] {ese} L UAUA avg price 10.85

[09:31] {magoo} wait 14.13

[09:33] {Threei}  too optimistic

[09:33] {Geo} rinse

[09:33] {Threei}  probably, but market sells off hard

[09:34] {magoo} pretty wippy

[09:36] {Threei}  UAUA is very strong

[09:37] {Threei}  DRYS is tired, needs solid pullback

[09:38] {magoo} i hit q's .19 lonmg

[09:40] {Threei}  you exited any of UAUA ese?

[09:41] {ese} not yet

[09:41] {Threei}  protect part... don't forget its nasty manner to drop like a stone when you least expect it

[09:42] {Threei}  LVS

[09:42] {Threei}  PRE-MARKET STRENGTH BEING ATTRIBUTED TO CHATTER ON EASING OF VISA RESTRICTIONS IN MACAU, REPORTEDLY EMANATING FROM A CREDIT SUISSE NOTE

[09:42] {ese} OK

[09:43] {Threei}  ok DRYS, this is more like it

[09:43] {Threei}  one more leg down

[09:43] {dino} just use mastercard

[09:43] {Threei}  keep half lot on it

[09:44] {Threei}  in

[09:44] {Threei}  stop under .60

[09:44] {Threei}  out .94

[09:44] {Threei}  +.30

[09:45] {ese} out UAUA .50 1800 shs +$1200.00   good enough for the day

[09:45] {Threei}  I'll say

[09:45] {Threei}  wtg

[09:45] {Threei}  go tell that principal off

[09:46] {dino} wow es!

[09:46] {patience} ese, very well done

[09:46] {ese} tks

[09:47] {ese} can into work today with real ego now!!!!

[09:47] {Threei}  isn't it amazing ese, how much money is available in incredibly short period of time in the market when you know what you are doing

[09:47] {ese} indeed....i'll say

[09:47] {Threei}  15 minutes of work

[09:48] {Threei}  if you can call it that

[09:49] {Threei}  closer to 13 - 13.10 now next bounce zone for DRYS

[09:50] {Threei}  in

[09:50] {lisa_jay} 12

[09:50] {Threei}  stop under 11.90

[09:50] {Threei}  12, sorry

[09:51] {Threei}  half out.19

[09:51] {Threei}  +.15

[09:51] {Threei}  offering balance .35

[09:51] {Threei}  stop just under 12

[09:51] {Threei}  out

[09:51] {Threei}  +.21

[09:51] {lisa_jay} nice

[09:52] {Threei}  raining money

[09:52] {Threei}  anyone caught it?

[09:52] {lisa_jay} nope

[09:53] {Onix} nope

[09:53] {Threei}  sleepyheads

[09:53] {ese} anyone DVAX

[09:53] {Onix} too fast for a

[09:53] {ese} in DVAX

[09:53] {Threei}  not me

[09:53] {Threei}  don't see a momo

[09:54] {ese} tks

[09:54] {Threei}  this kind of gappers need strong momentum or they wilt and die

[09:54] {lisa_jay} Look at Drys go.

[09:54] {Threei}  maybe comes later but for now it's a non-player

[09:54] {Threei}  yeah... whatever, this kind of dump is for quick scalps only

[09:54] {wishbone} momo? vad

[09:54] {Threei}  countertrend trading, you know

[09:55] {Threei}  traders slang momentum wish

[09:55] {wishbone} ty

[09:55] {Threei}  momo, aka mojo aka loco aka choochoo

[09:55] {lisa_jay} lol

[09:55] {Threei}  :)

[09:57] {Threei}  wow... oil is soo dead

[09:58] {cosmo} fossils....

[09:58] {Geo} heh

[09:58] {Threei} Long Setup:  INTC  .91 if stays above .85 for scalpers, .80 for daytraders

[09:59] {Onix} in .91

[09:59] {Threei}  according call for Qs is .13 long

[10:00] {Threei}  what the deuce?

[10:00] {Threei}  half out Qs who grabbed it

[10:01] {Onix} did not think to do q's

[10:04] {Threei}  what did prop the market like that?

[10:04] {Threei}  maybe this

[10:04] {Threei}  GMAC: ISSUES UPDATE ON DEBT SWAP - FILING

[10:04] {Threei}  - As of the end of the day on December 17, 2008, based on preliminary results of GMAC LLC’s separate private exchange offers and cash tender offers to purchase and/or exchange certain of its and its subsidiaries’ and Residential Capital, LLC’s outstanding notes and respectively), approximately $16.9B in aggregate principal amount (or 58%) of the outstanding GMAC old notes had been tendered in the GMAC offers and approximately $3.5B in aggregate principal amount (or 38%) of the outstanding ResCap old notes had been tendered in the ResCap offers.

[10:04] {Threei}  not sure

[10:04] {magoo} expiration volatility

[10:05] {dino} sm l xme .01

[10:07] {Threei}  Qs balance stop to under .20

[10:08] {dino} rimm sm l .95

[10:08] {magoo} was thinking q alot stronger than that./..oh well

[10:09] {lisa_jay} INTC stopped.

[10:12] {Geo} man intc

[10:12] {lisa_jay} rinso

[10:12] {Geo} still in

[10:13] {Geo} working on pru

[10:13] {Onix} stopped intc

[10:13] {magoo} u got a feel for PRU?

[10:13] {Geo} so scalp blindly with ES

[10:13] {Geo} momo only

[10:13] {Geo} so=no

[10:13] {Geo} came up on scanner

[10:14] {Geo} still in intc vad?

[10:15] {Threei}  half

[10:15] {Geo} ok me in full

[10:15] {Geo} didnt touch .77

[10:16] {Geo} might scratch half

[10:16] {Geo} dna and hans rocking

[10:18] {lisa_jay} Vad, when did you scratch half the INTC, thanks.

[10:19] {lisa_jay} or where.

[10:19] {Geo} sniff

06[10:19] * Geo thinks INTC heard .77

[10:20] {Threei}  .96 lisa

[10:20] {Threei}  but I was in aggressively

[10:20] {lisa_jay} Where did you enter?

[10:20] {Threei}  so my r/r was a bit different

[10:20] {Threei}  .88

[10:20] {dino} rimm stop to b/e

[10:20] {lisa_jay} Ok, thank you.

[10:20] {Threei}  and it was double lot

[10:21] {Threei}  so, somewhat different way to play vs traditional

[10:23] {dino} rimm stopped flat

[10:23] {peterg} I played it for nickels and made three of em, thanks dino

[10:25] {dino} lol you'te better than i, should've went size

[10:27] {magoo} man...look a Q minute chart..nutso

[10:29] {lisa_jay} r u in Magoo?

[10:29] {ese} Long APWR .75 agressive entry

[10:29] {magoo} yes

[10:29] {magoo} .19

[10:30] {dino} now rimm works

[10:30] {magoo} was expecting .55 area

[10:30] {magoo} no go yet

[10:30] {lisa_jay} Ok, thanks.

[10:30] {lisa_jay} How do you manage the q's trades...partial out or trail etc.  Thanks.

[10:31] {lisa_jay} When you have time.

[10:39] {dino} vz l .90

[10:40] {magoo} kickin Q in the behind with all i got

[10:41] {lisa_jay} .

[10:45] {Threei}  .35 break should do it magoo

[10:45] {magoo} give it a kick please..im exhausted

[10:45] {Geo} call vad?

[10:45] {Threei}  for a scalp if stays above .30

[10:46] {Chaeron} good morning all

[10:47] {lisa_jay} Hi Chaeron

[10:47] {Threei}  chaeron :)

[10:47] {magoo} C:)

[10:47] {Chaeron} Hi Lisa, 3i, magster

[10:48] {dino} cmtl sm l .80

[10:49] {lisa_jay} Vad, q's long trigger?

[10:49] {Threei}  .36... but nly if not losing .30 anymore

[10:50] {lisa_jay} Ok, thanks.

[10:56] {Onix} in q's .35

[10:57] {dino} out xme .42, +.41

[11:00] {lisa_jay} Stopped Q's.

[11:00] {Onix} stoped q's

[11:00] {Onix} & roped

[11:00] {Onix} & stopped

[11:01] {Chaeron} pru

[11:01] {magoo} mkt been disappointing so far 

[11:02] {magoo} should have easily broke into 50 area by now

[11:03] {magoo} drys collaspe was right up there with fall of roman empire

[11:03] {lisa_jay} Narrow range.

[11:03] {lisa_jay} R u out of the Q's Magoo?

[11:03] {magoo} in

[11:03] {magoo} .1`9

[11:03] {ese} out  APWR 6.00 +.22  on a lot and a 1/2

[11:03] {Threei}  leave market be for now guys

[11:04] {Threei}  meanignless jerking up and down

[11:04] {lisa_jay} Yeah.

[11:04] {Geo} still in intc and qs

[11:04] {Threei}  go to that link I gavew you earlier instead

[11:04] {Geo} no putting new on

[11:04] {dino} there goes 3i telling me what to do

[11:04] {Threei}  and let me know whatcha think

[11:04] {magoo} cant find LINK in summary bar???

[11:04] {Threei}  this is my favorite way to spend time dino...

[11:04] {Geo} who is bill carr?

[11:04] {dino} vz stop to .02

[11:05] {Geo} okkkkkkk

[11:05] {dino} out .07, +.17

[11:06] {Threei}  dino... wthg, and NOW you can go to that link {G}

[11:06] {dino} lol

[11:06] {magoo} i got an email on it

[11:07] {Threei}  good... I just thought you had my e-mails on autodelete

[11:07] {magoo} dino fixing coffee issue..pot stopped being hot

[11:07] {Threei}  which would only be fair since I do have yours on that feature

[11:07] {magoo} well...its content is blocked of course

[11:08] {Threei}  great... so you don't want to know what I have to say but want to enjoy the very fact that I am trying to say something {VBG}

[11:08] {magoo} vbg=?

[11:08] {Threei}  very big grin

[11:09] {patience} if i sign up for the seminar, does it include a pool boy?

[11:09] {Threei}  for extra fee I'd assume

[11:09] {Geo} okkk save Q for pm

[11:09] {Chaeron} I can bartend and wait on tables patience...

[11:09] {Geo} finally stopped in Q

[11:09] {patience} ok Chaeron, let's be roomies

[11:10] {Chaeron} but just for you Lisa, Larisa and elepet

[11:10] {Chaeron} Patience - you just like me for my bartending skills :)

[11:11] {Threei}  btw, matching singles will be offered (not in a marrital sense, rather in room-sharing context)

[11:11] {magoo} co-ed ??

[11:11] {patience} you just pop the cork for me Chaeron and we'll both be happy

[11:12] {Geo} hmmmmmmmm

[11:12] {Chaeron} PE Obama finished talking... new SEC head (Deb Shapiro)

[11:12] {dino} swingers?

[11:12] {Chaeron} *blushing*

[11:12] {magoo} like in larisa and magoo??

[11:12] {Geo} i dont know what to say dino

[11:12] {dino} lol

[11:12] {Chaeron} you're lucky she's not here magoo... lol

[11:13] {Threei}  don't forget about replay feature though

[11:15] {Geo} out intc

[11:15] {magoo} out Q btw

[11:15] {magoo} bummer

[11:15] {lisa_jay} Where did you get out Magoo?  Thanks.

[11:15] {magoo} .29

[11:15] {magoo} i was in much lower than u

[11:16] {lisa_jay} Ok, thanks.

[11:16] {magoo} what i do is watch Q...wait for extreee move...then hit it 2k ..keep dime stop ..and if FEELS like runner..try to let it run

[11:17] {magoo} could have scalped it better but was looking for a move

[11:17] {magoo} let winner win concept

[11:18] {magoo} i was waiting out there at .54

[11:18] {lisa_jay} I was watching it at .18 when it broke the trendline...thought it would go but hesitated.  Too many times burnt.

[11:18] {magoo} but no go

[11:18] {Threei}  which is being overcome by the concept of whack-a-mole today

[11:18] {dino} good game

[11:19] {ese} god market call Vad.....as they all dive abit in unison

[11:19] {Geo} i suck today

[11:19] {ese} good market call

[11:19] {Geo} dug a nice hole

[11:20] {lisa_jay} Sorry to hear that Geo.

[11:22] {dino} the days not over geo

[11:22] {magoo} cramere fault..god dam giddy on site callying  rally

[11:22] {magoo} we closed down 100 yester

[11:22] {magoo} down now..hes screaming rally

[11:23] {dino} as vad would say, "some days you eat the russian bear, some days it eats you"

[11:23] {Geo} lol

[11:23] {Threei}  lol

[11:23] {Threei}  snow in LV?

[11:23] {Chaeron} yep :)

[11:23] {Threei}  sigh

[11:24] {patience} here comes another al gore comment

[11:24] {patience} oh, don't disappoint vad

[11:24] {magoo} just rewmember this ......early bird gets the worm...BUT the second mouse gets the cheese

[11:27] {dino} magoo, forever the "deep" thinker

[11:27] {Geo} :)

[11:29] {dino} tleo

[11:30] {dino} tleo sm s .72

[11:30] {lisa_jay} Magoo, for theory would you consider getting long Q's here?

[11:32] {magoo} no

[11:32] {magoo} but closer to 30 maybe 

[11:32] {magoo} unless........AAPL took off upward than yes

[11:33] {magoo} vad..any read GS?

[11:33] {lisa_jay} Thanks Magoo.

[11:34] {magoo} keep eye on aapl

[11:34] {Threei}  can't really make a choice between breakdown and violent bounce mags

[11:34] {Threei}  my feeling is bounce

[11:34] {Threei}  but I wouldn't call it

[11:34] {magoo} GS or mkt?

[11:34] {Threei}  just too risky

[11:34] {Threei}  GS

[11:35] {magoo} shit i took .60 

[11:35] {Threei}  long?

[11:35] {magoo} yes

[11:35] {Threei}  so what's your problem

[11:35] {magoo} u skerrin me

[11:35] {Threei}  in direction of my feeling, very close to day low

[11:36] {Threei}  if GS itself doesn't skerr you enough, nothing and no one will...

[11:36] {dino} breakdown gut says

[11:37] {dino} tleo bstop is .03

[11:39] {dino} maybe gut wrong

[11:42] {dino} tleo stopped -.31

[11:43] {dino} tbt l .39

[11:43] {Threei}  so far so good

[11:44] {Threei}  half out mags?

[11:44] {Threei}  you have almost 1:4

[11:44] {lisa_jay} wow.

[11:45] {Threei}  mags

[11:45] {Threei}  MAGS!!!!!

[11:45] {magoo} .

06[11:45] * Threei slaps magoo around a bit with a large heavy manual on risk control

[11:47] {Threei}  sigh

[11:47] {Threei}  whatever

[11:47] {Threei}  chaeron, look dcc please

[11:47] {Chaeron} am I in trouble?

[11:48] {dino} xme l .98

[11:49] {magoo} ok out .30 here

[11:49] {magoo} WHATUTALKINBOUT WILLIS?

[11:50] {magoo} +70

[11:50] {magoo} cents

[11:50] {lisa_jay} nice

[11:51] {magoo} lisa, just be carefyul with my calls..u gotta be religious with stops ok?

[11:51] {magoo} as a genral rule, $200 bux max stop loss

[11:51] {lisa_jay} sure magoo, thanks.

[11:51] {magoo} but see, i let that winner "win" 

[11:52] {magoo} i think its got alot more

[11:52] {magoo} but its a hard breather

[11:52] {magoo} u know what that is?

[11:53] {Threei}  yeah... a guy who tried to run by me at the lake loop recently... even his dog was ashamed of him

[11:53] {lisa_jay} Yeah, pulls back more then usual.

[11:54] {magoo} correct..good

[11:54] {magoo} u wanna room together he he

[11:54] {dino} was thinking magoo when he walks up the steps in office

[11:54] {Geo} lol

[11:54] {lisa_jay} Ahem, you have me confused with Larissa...its LISA.

[11:54] {Threei}  (thank goodness I got it wrong)

[11:55] {lisa_jay} lol

[11:55] {magoo} oh oh..just dont tell her ok lol

[11:55] {Threei}  lisa... I don't think such subtleties as name mean much for magoo

[11:55] {lisa_jay} Actually i'm just a couple of hours away from you 

[11:56] {magoo} vad, we gonna have internet access in bahamas so we can work each day?

[11:56] {Threei}  gosh...

[11:56] {magoo} where u at lisa?

[11:56] {lisa_jay} Connect.

[11:57] {Threei}  I intend to visit other speaker's, then speak myself for half of the day... more work??

[11:57] {magoo} oh oh 

[11:57] {magoo} i would need to trade from 8 a.m till 4 pm everyday

[11:58] {magoo} ok lisa..look AAPL look Q

[12:00] {lisa_jay} Yeah, took Q's long at .24

[12:01] {lisa_jay} I am using NQ and Q's, will need to add AAPL and GS too.

[12:01] {magoo} nice

[12:04] {Chaeron} crude was at $38/bbl? wow vad... I remember you said 40 about 4 months ago, or do I dream about this room when I sleep?

[12:05] {Threei}  no... that was for real

[12:06] {Threei}  watch GS for bounce off .30 roughly

[12:07] {dino} 1990 highs crude, 1st gulf war

[12:07] {Threei}  missed GS

[12:07] {Threei}  expected one more quick leg down

[12:11] {ese} gone for a few minutes am back

[12:12] {ese} did i miss anything

[12:12] {ese} other than intelligent conversation

[12:12] {Threei}  not really, except magoos 70 cents pl;ay

[12:12] {dino} everything

[12:12] {lisa_jay} come on q's beak .35

[12:12] {Threei}  and suggestion that we are capable of intelligent conversation is almost insulting

[12:13] {ese} ooooopps!!!!!  will never let that happen again

[12:13] {magoo} Q gonna go here imo

[12:14] {lisa_jay} Got out 2/3rds at .10 profit...trailing rest.

[12:14] {Threei}  good job

[12:14] {lisa_jay} my first, thanks Vad

[12:14] {Threei}  making money for that bahamas trip I see

[12:15] {lisa_jay} :-)

[12:15] {Threei}  tax deductible vacation with learning opportunity on top... impossible to ignore

[12:15] {lisa_jay} My family does not pay any taxes.

[12:16] {dino} lucky

06[12:16] * Threei wats to be a part of lisa's family

[12:16] {magoo} hows that?

[12:16] {lisa_jay} poor

[12:16] {lisa_jay} no income

[12:16] {Chaeron} roflol

[12:16] {Chaeron} not at you lisa... at 3i

[12:17] {lisa_jay} we laugh too at ourselves...

06[12:17] * Threei makes amental note to see to it thatChaeron has a room next to kitchen and with no windows

[12:18] {Threei}  .20 break GS, small shares

[12:18] {Threei}  if stays above 80

[12:19] {magoo} in

[12:20] {magoo} out there .51

[12:20] {Threei}  HEARING DB SAYS GM WILL NOT FILE FOR BANKRUPTCY, CONTRARY TO SOME SPECULATION THAT HAS BEEN CIRCULATING

[12:22] {dino} out tbt .62, +.23

[12:22] {lisa_jay} Stopped GS.

[12:23] {lisa_jay} Stopped flat on last portion onQ's

[12:24] {Geo} hmm magoo my chart didnt go to .51 in GS

[12:24] {Geo} spike magoo?

[12:25] {magoo} no..i was waiting out there

[12:25] {Geo} wierd

[12:25] {Geo} not on my charts

[12:25] {Geo} nice

[12:25] {magoo} dude

[12:25] {magoo} i place offers out ahead..no fill

[12:26] {Threei}  it topped at .39, almost 1;1

[12:26] {Threei}  your chart is right geo

[12:26] {Geo} bad fill?

[12:26] {Geo} i mean good fill?

[12:26] {Threei}  lol

[12:26] {magoo} no fill..vad help me

[12:26] {Threei}  magoo... slap him

[12:26] {Geo} ahhhhhhhhhhhh

06[12:27] * dptl slaps Geo around a bit with a large trout

[12:27] {Threei}  lol

[12:27] {Geo} i took out there .51 to mean OUT

06[12:27] * Geo pleads english as non primary language

[12:28] {Geo} now you know how vad feels magoo !!!!

[12:28] {Threei}  oh I feel fine

[12:29] {Threei}  I don't understand any of what you are saying, and happy

[12:29] {magoo} your pushing your luck little man {soup nazi to costanza}

[12:40] {dino} wow don't know how it happened but cmtl just took me out at 47.20, +.40

[12:41] {Onix} gj

[12:41] {dino} lucky

[12:41] {Threei}  sheesh... lol

[12:42] {dino} cracking me up

[12:44] {Threei}  speaking of momo or lack thereof

[12:44] {Threei}  look at DVAX

[12:45] {dino} t l .35, stop lod

[12:47] {KSystems} back

[12:47] {KSystems} Hello everybody

[12:47] {Threei}  hey KS

[12:48] {dino} hey k

[12:48] {KSystems} anyone claiming daytrading is stressful should go shopping with me

[12:48] {Threei}  lol

[12:49] {Threei}  shopping for illicit drugs is rarely relaxing ks... sorry for not warning you

[12:49] {Threei}  wow... GM goes down the drain

[12:50] {ese} have a great rest of the day all.....outta here until tomorow.

[12:50] {Threei}  take care ese

[12:50] {ese} see ya vad

[12:53] {Threei}  snow in Malibu?

[12:53] {Threei}  wtf is going on

[12:53] {Chaeron} your buddy al gore global warming

[12:53] {Onix} global warming?

[12:54] {Chaeron} lol

[12:54] {Chaeron} give me a break :)

[12:54] {Threei}  looking at LV images on TV

[12:54] {Threei}  I can't believe it

[12:54] {Threei}  3 inches

[12:55] {Raven}  cosmo prolly drove up there, stripped off his clothes, and rolled in it

[12:55] {magoo} in vegas..thats just a cocaine delivery which fell out of a cargo plane hold

[12:56] {Threei}  but... Nobel prize AND Oscar winner can't be wrong... right? right?

[12:56] {Onix} no way

[12:56] {Threei}  Raven... my retina's burned by just mental image

[12:57] {Raven}  it would be an awesome sight

[12:57] {Threei}  shock and awe?

[12:57] {Chaeron} }{

[12:57] {Raven}  yessssssssss

[12:58] {Threei}  as I was told yesterday when expressed my politically incorrect opinion (as if I have any others),

[12:58] {Threei}  global warming does not necessary mean warmer, it means more violent

[12:58] {Threei}  si I suggested to call it global violence

[12:59] {Chaeron} anything to make their views fit, eh?

[12:59] {dino} cycles, its all cycle

[13:02] {Chaeron} I just have one question... if they know so much about weather, why is the supposed hurricane on the cover of gore's movie spinning the wrong way? hmmm? I'm the only one that's noticed

[13:03] {Geo} lol

[13:03] {Chaeron} think about it..

[13:03] {Threei}  chaeron... it's simple

[13:03] {Threei}  it signifies things going so wrong that even hurricanes start spinning wrong direction

[13:04] {Chaeron} you should be a polititian

[13:04] {Threei}  and world becoming so warmed up that it starts freezing over

[13:05] {Chaeron} ahhh so it's cirular... not linear

[13:05] {Chaeron} circular

[13:05] {Threei}  economy becoming so bad that killing autoindustry makes it better

[13:05] {lisa_jay} Q's Coiling.

[13:05] {Geo} ummmmm....... trading slow?

[13:05] {Threei}  banks becoming so poor that bonuses for the executives must be increased

[13:05] {Threei}  see? it all fits

[13:06] {Chaeron} so Lisa's family is really rich?

[13:06] {Onix} Oh, now I understand!

[13:06] {lisa_jay} What?  

[13:07] {Chaeron} does it work so that I'm really good looking too???

[13:07] {Geo} i thought all people in south bay were beautifull

[13:08] {lisa_jay} Chaeron, we dont care how you look, we love you anyway.

[13:08] {Threei}  there are limits to what's possible, chaeron... sorry

06[13:08] * Chaeron is blushing again..

[13:08] {Chaeron} Threei - so I defy physics?

[13:08] {Threei}  if lisa says so...

[13:09] {Raven}  {-------- circling Chaeron

06[13:09] * Chaeron slaps Raven around a bit with a large trout

[13:09] {Raven}  oops

[13:09] {Raven}  gotta climb higher

[13:09] {Chaeron} First strike Raven... no warning... learn it... oh... and Merry Christmas :)

[13:09] {Raven}  MC and HNY

[13:13] {Threei}  haven't seen DRYS this tame in quite a while

[13:13] {magoo} my scanner iusnt even moving

[13:14] {Threei}  it's not supposed to mags...

[13:14] {Threei}  mine always stays on the monitor I open it in

[13:14] {lisa_jay} lol

[13:14] {Threei}  hate it whenit starts crawling al over 4 monitors

[13:14] {Threei}  so I use nails now

[13:15] {magoo} 2 of my screens are completely white tho.....the post mkt scanners

[13:15] {Onix} lol

[13:15] {Chaeron} thought it was from your use of White Out

[13:15] {Threei}  just be careful when you nail it tomonitor

[13:16] {Threei}  make sure you put nail through the blue bar at the top of the window

[13:16] {Threei}  and not through scanner window... you may damage it otherwise

[13:16] {magoo} wheres the monitor????

[13:17] {magoo} l Q .24 here -n-now

[13:17] {Threei}  ummm... sorry, I have an answer to that but gals in the room prevent me from using it

[13:20] {lisa_jay} How many monitors do you have Magoo?

06[13:20] * Threei puts both hands over his mouth

[13:21] {magoo} i have 4 whatchamacallits and 2 computatars running them

[13:26] {Threei}  wow... market really learned finally how to stay still

[13:26] {Threei}  even morning moves were just 15 points range NQ

[13:26] {Threei}  let alone everything after that

[13:27] {Onix} and just when i am on holiday and can trade all day

[13:28] {Threei}  well... can change on a dime, and let's hope it does

[13:29] {Onix} yes, always hoping 

[13:29] {KSystems} yes, there was traders all around me in the mall ;)

[13:31] {Threei}  lol

[13:37] {Threei} Short Setup: QQQQ  .13 if stays below .20

06[13:37] * magoo slaps laserdave1 around a bit with a large 3i wallet

[13:40] {dino} nt stopped

[13:42] {Geo} in

[13:43] {lisa_jay} in .13

[13:43] {Onix} in q's .13

[13:44] {Threei}  can't understand why I haven't taken it aggressively under .20 when it bounced

[13:44] {Threei}  was ideal entry

[13:44] {Threei}  I must be sleeping

[13:44] {Threei}  wait... I am always sleeping when trading

06[13:44] * Geo slaps Threei around a bit with a large rooster

[13:44] {Onix} lol

[13:45] {lisa_jay} Targest for trade Vad?  Thanks.

[13:45] {Threei}  just a scalp most likely

[13:45] {Threei}  too narrow of a day

[13:46] {Threei}  if you feel serious breakdown coming, cover 2/3

[13:46] {Threei}  and try to give it a chance

[13:46] {Threei}  1:1

[13:47] {Threei}  cool beans

[13:47] {KSystems} 1/2 out .04

[13:47] {dptl} cover 30 ty

[13:47] {Onix} 2/5 out

[13:47] {lisa_jay} 2/3 out at .02 (10c).

[13:48] {Threei}  long wait was worth such safe one-way trade eh

[13:48] {dptl} pru covered +.29

[13:49] {Threei}  took some patience eh dino

[13:49] {Threei}  oops... dp

[13:49] {Threei}  sorry

[13:49] {dptl} yeah...want to be like Dino

[13:50] {Threei}  don't we all

[13:50] {Threei}  just think of his privilege to poke magoo in ribs with his elbow

[13:50] {Threei}  that alone is of weight of gold

[13:50] {dptl} lol

[13:52] {lisa_jay} .

[13:53] {Threei}  stop to .11

[13:54] {dino} careful what you wish

[13:57] {Threei}  CHRYSLER SPOKESPERSON: CHRYSLER AND GM ARE NOT HOLDING MERGER TALKS

[13:57] {Threei}  - Earlier this morning GM denies earlier press reports that GM is holding merger talks with Chrysler. Overnight the WSJ reported that the companies have reopened merger talks.

[13:57] {dino} joyg l .10, stop .98

[13:58] {Threei}  (US) FED'S FISHER: FED WILL NOT SHY AWAY FROM USING EVERY VIABLE MEASURE TO SUPPORT THE ECONOMY, NOTES THAT CONSUMPTION IS "CASCADING DOWNHILL" IN THE US

[13:58] {Threei}  - Believes unemployment may exceed 8%, sees US Q4 GDP contracting 4-5%. Further GDP contracting is likely in first half of 2009.

[13:58] {Threei}  - Fed will expand purchases of mortgage-backed securities, grow balance sheet if it determines the move would be productive

[13:58] {Threei}  - The Fed's actions have gained some traction, but there is a long way to go before the economy begins recovery.

[13:58] {Threei}  - Falling mortgage rates and LIBOR are signs that Fed policies are working.

[13:58] {dino} hmm read that wrong

[13:59] {dino} why can't they just shut up for a week

[14:02] {Threei}  good question

[14:02] {Threei}  especially with meaningless comments like:

[14:02] {Threei}  FED WILL NOT SHY AWAY FROM USING EVERY VIABLE MEASURE TO SUPPORT THE ECONOMY

[14:02] {Threei}  and here we sit thinking, gee, they have this viable option and know about it but shy away

[14:02] {Larisa1} lol

[14:03] {peterg} They have weapons of mass viability

[14:03] {Threei}  rofl

[14:04] {Threei}  and the next comment has extremely encouraging sentence at the end, read it:

[14:04] {Threei}  (US) FED'S FISHER: FED MUST DO EVERYTHING POSSIBLE TO PREVENT DEFLATION, AT SOME POINT THE FED WILL BE FORCED TO TIGHTEN RATES AND SHRINK BALANCE SHEET - Q&A

[14:04] {Threei}  - Notes that the Fed has an exit strategy in mind

[14:04] {Threei}  they got fake passports and tickets to some exotic locations?

[14:05] {dino} vz l .60, stop .48

[14:05] {Threei}  plastic surgeons stand ready?

[14:05] {dino} joyg stopped

[14:05] {Threei}  btw, Qs hit 1:2

[14:05] {Onix} agh

[14:05] {magoo} hit???

06[14:06] * magoo slaps Threei around a bit with a large roll of cash

[14:06] {Threei}  good to know magoo has what to slap me with {G}

[14:07] {Threei}  ok, someone's promised to laugh at my not funny jokes...

[14:07] {lisa_jay} me?

[14:07] {Threei}  and I honestly think this one about feds exit strategy WAS funny!

[14:07] {magoo} i thought vbg earlier for you was very big GUT

[14:08] {Threei}  {--- deeply misunderstood and underappreciated

06[14:09] * Threei slaps Chaeron around a bit with a large list of occasions on which Chaeron failed to appreciate him

06[14:09] * Threei slaps magoo around a bit with a large copy of the list

[14:09] {Chaeron} thank you... I appreciate that

[14:09] {Threei}  lol

[14:10] {Threei}  good one

[14:10] {magoo} oh oh vad..Larisa's back

[14:10] {Threei}  see? I am appreciative of good joke

[14:10] {Chaeron} :)

[14:10] {Threei}  that's your worry magoo... you have all the reasons to feel guilty

[14:11] {Threei}  me, I apologized to Larisa long ago for all my past sins and for all future should I ever commit them

[14:11] {lisa_jay} Magoo long Q's here?

[14:11] {Larisa1} magoo, push the market, you guys are too bored

[14:12] {magoo} if AAPL gets going lisa

[14:15] {dino} rinses, joyg, t

[14:19] {wishbone} can timestamp in mIRC be set to NY time?

[14:19] {Threei}  mine is

[14:19] {wishbone} how?

[14:19] {Threei}  it takes time from your computer clock

[14:19] {KSystems} out Qs 1/4 more .05

[14:19] {Threei}  I keep it on NY time

[14:20] {Threei}  here comes next Qs breakdown

[14:20] {wishbone} ok ty vad

[14:20] {lisa_jay} Wish i kept the last part of q's...

[14:20] {Threei}  over 1:2 now

[14:21] {dino} vz stopped -.12

[14:21] {Threei}  nice to take right side

[14:21] {Threei}  market makes money for you by itself

[14:22] {Threei}  where di you cover lisa?

[14:23] {Threei}  bidding last part .79

[14:23] {lisa_jay} .o3

[14:23] {Threei}  hmmm

[14:23] {Threei}  somewhat "not here not there"

[14:23] {lisa_jay} Got scared when it could not take out .96 and kept bouncing up.

[14:24] {Threei}  out in full

[14:24] {lisa_jay} nice.

[14:24] {Threei}  +.34

[14:24] {wishbone} laser stickies ayone?

[14:24] {Threei}  INET at .84 for Qs, yes

06[14:25] * Threei slaps laserdave1 around a bit with a large stuck quote for INET

[14:26] {Threei}  look how nicely Qs cascaded ever since our entry

[14:26] {KSystems} out last 1/4 Qs .85

[14:28] {Threei}  how nice this letter starts

[14:28] {Threei}  Dear One

[14:28] {Threei}  I foresee your surprise upon receiving this letter from a total stranger but plead for your tolerance, of not having the pleasure of knowing your mindset before sending you this letter but is for the betterment our both family future.

[14:28] {Threei}  I need to learn to speak like this

[14:28] {dino} ge capital dpwngraded by s&p

[14:29] {Threei}  magoo... not having the pleasure of knowing your mindset, I have no other option but to slap you silly for the betterment of our room

[14:30] {dino} mwiv sm l .12

[14:37] {Threei}  (US) FED CHAIRMAN BERNANKE: FUNDAMENTAL CHANGES ARE NEEDED FOR CREDIT CARD REGULATIONS

[14:38] {peterg} ok, benno, like what?

[14:38] {Threei}  like what?

[14:38] {peterg} great minds

[14:38] {Threei}  hehe

[14:38] {peterg} thinner, stronger plastic

[14:38] {peterg} bigger letters for older consumers

[14:38] {peterg} pastels

[14:39] {peterg} revolutionary new shape: round credit cards

[14:40] {Threei}  wow

[14:40] {dino} sm l afam .00

[14:40] {Threei}  I honestly don't know what is more scary - to leave this broken system as it is or to have these people talking about "fundamental change"

[14:44] {Chaeron} change is good

[14:44] {Chaeron} just ask any Cuban from 1960

[14:48] {Threei}  WSJ REPORTS OBAMA TEAM DEVELOPED STIMULUS PACKAGE

[14:51] {dino} purple pills

[14:52] {peterg} lol

[14:53] {dino} tbsi l .77, stop lod

[14:54] {cosmo} lsd, it seems to me

[14:58] {Threei}  Qs should give scalpable bounce from just under .90

[14:58] {lisa_jay} in from .90

[14:58] {Threei}  stop under .85

[15:00] {dino} tbsi stopped -.13

[15:01] {Threei}  strange moves

[15:01] {Onix} GE downgraded ... CNBC

[15:02] {Threei}  hour old news

[15:02] {Onix} Buffet having a hard time

[15:03] {lisa_jay} Stopped on Q's, took it before your call Vad.

[15:03] {dino} randon market moves whipping me out everywhere

[15:04] {lisa_jay} yup

[15:04] {lisa_jay} tomorrow's expiry.

[15:05] {Threei}  WSJ REPORTS PRESIDENT ELECT OBAMA TEAM DEVELOPED STIMULUS PACKAGE OF $675-775B OVER 2 YEARS

[15:05] {Threei}  - says package could grow, could top out at $850B

[15:05] {Threei}  - Note: The high end was rumored to be $1T last weekend

[15:05] {dino} out in morning papers old

[15:05] {dino} and you tell me why bonds are rocling then, sheesh

[15:06] {Threei}  nothing is straightforward in this environemnt

[15:06] {wishbone} bonds are rocking dino?

[15:06] {dino} printing presses wide open bonds at all time highs

[15:06] {dino} tlt all time highs

[15:06] {dino} 20 year

[15:06] {Threei}  all the logical projections are being trashed

[15:07] {dino} tbt 2x short, collasped

[15:07] {Threei}  just thunk about half year - 9 months back,

[15:07] {Threei}  thnk

[15:07] {Threei}  thnk

[15:08] {Threei}  sheesh, I can't even type this word

[15:08] {dptl} think

[15:08] {Threei}  right

[15:08] {dptl} :)

[15:08] {cosmo} never

[15:08] {Threei}  how many of "normal" calculations about USD, gold, oil etc tunred out to be right?

[15:09] {Threei}  you know many experts who foresaw this USD rally and gold demise?

[15:10] {Threei}  new fators are being intorduced into play all the time

[15:10] {Threei}  factors

[15:10] {dino} oxy sm l .95

[15:11] {dino} everything i was taught is wrong

[15:13] {peterg} all your snakes are belong to us

[15:13] {peterg} (see youtube for further information)

[15:14] {Threei}  is it about damn snakes on the damn plane?

[15:14] {peterg} yessss

[15:14] {peterg} in part

[15:22] {Threei}  what's going on while I sleep?

[15:23] {lisa_jay} Dino's gut was right...selloff

[15:24] {Threei}  no seriously

[15:24] {Threei}  I don't see any news

[15:24] {Threei}  what happened?

02[15:24] * Disconnected

02[15:26] * Attempting to rejoin channel #discussions

03[15:26] * Rejoined channel #discussions

05[15:26] -Threei- [Welcome-#discussions] Welcome to the RealityTrader Discussion Room. Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.

[15:26] {magoo} if AAPL gets going lisa

[15:26] {dino} rinses, joyg, t

[15:26] {wishbone} can timestamp in mIRC be set to NY time?

[15:26] {Threei}  mine is

[15:26] {wishbone} how?

[15:26] {Threei}  it takes time from your computer clock

[15:26] {KSystems} out Qs 1/4 more .05

[15:26] {Threei}  I keep it on NY time

[15:26] {Threei}  here comes next Qs breakdown

[15:26] {wishbone} ok ty vad

[15:26] {lisa_jay} Wish i kept the last part of q's...

[15:26] {Threei}  over 1:2 now

[15:26] {dino} vz stopped -.12

[15:26] {Threei}  nice to take right side

[15:26] {Threei}  market makes money for you by itself

[15:26] {Threei}  where di you cover lisa?

[15:26] {Threei}  bidding last part .79

[15:26] {lisa_jay} .o3

[15:26] {Threei}  hmmm

[15:26] {Threei}  somewhat ""not here not there""

[15:26] {lisa_jay} Got scared when it could not take out .96 and kept bouncing up.

[15:26] {Threei}  out in full

[15:26] {lisa_jay} nice.

[15:26] {Threei}  +.34

[15:26] {wishbone} laser stickies ayone?

[15:26] {Threei}  INET at .84 for Qs, yes

06[15:26] * Threei slaps laserdave1 around a bit with a large stuck quote for INET

[15:26] {Threei}  look how nicely Qs cascaded ever since our entry

[15:26] {KSystems} out last 1/4 Qs .85

[15:26] {Threei}  how nice this letter starts

[15:26] {Threei}  Dear One

[15:26] {Threei}  I foresee your surprise upon receiving this letter from a total stranger but plead for your tolerance, of not having the pleasure of knowing your mindset before sending you this letter but is for the betterment our both family future.

[15:26] {Threei}  I need to learn to speak like this

[15:26] {dino} ge capital dpwngraded by s&p

[15:26] {Threei}  magoo... not having the pleasure of knowing your mindset, I have no other option but to slap you silly for the betterment of our room

[15:26] {dino} mwiv sm l .12

[15:26] {Threei}  (US) FED CHAIRMAN BERNANKE: FUNDAMENTAL CHANGES ARE NEEDED FOR CREDIT CARD REGULATIONS

[15:26] {peterg} ok, benno, like what?

[15:26] {Threei}  like what?

[15:26] {peterg} great minds

[15:26] {Threei}  hehe

[15:26] {peterg} thinner, stronger plastic

[15:26] {peterg} bigger letters for older consumers

[15:26] {peterg} pastels

[15:26] {peterg} revolutionary new shape: round credit cards

[15:26] {Threei}  wow

[15:26] {dino} sm l afam .00

[15:26] {Threei}  I honestly don't know what is more scary - to leave this broken system as it is or to have these people talking about ""fundamental change""

[15:26] {Chaeron} change is good

[15:26] {Chaeron} just ask any Cuban from 1960

[15:26] {Threei}  WSJ REPORTS OBAMA TEAM DEVELOPED STIMULUS PACKAGE

[15:26] {dino} purple pills

[15:26] {peterg} lol

[15:26] {dino} tbsi l .77, stop lod

[15:26] {cosmo} lsd, it seems to me

[15:26] {Threei}  Qs should give scalpable bounce from just under .90

[15:26] {lisa_jay} in from .90

[15:26] {Threei}  stop under .85

[15:26] {dino} tbsi stopped -.13

[15:26] {Threei}  strange moves

[15:26] {Onix} GE downgraded ... CNBC

[15:26] {Threei}  hour old news

[15:26] {Onix} Buffet having a hard time

[15:26] {lisa_jay} Stopped on Q's, took it before your call Vad.

[15:26] {dino} randon market moves whipping me out everywhere

[15:26] {lisa_jay} yup

[15:26] {lisa_jay} tomorrow's expiry.

[15:26] {Threei}  WSJ REPORTS PRESIDENT ELECT OBAMA TEAM DEVELOPED STIMULUS PACKAGE OF $675-775B OVER 2 YEARS

[15:26] {Threei}  - says package could grow, could top out at $850B

[15:26] {Threei}  - Note: The high end was rumored to be $1T last weekend

[15:26] {dino} out in morning papers old

[15:26] {dino} and you tell me why bonds are rocling then, sheesh

[15:26] {Threei}  nothing is straightforward in this environemnt

[15:26] {wishbone} bonds are rocking dino?

[15:26] {dino} printing presses wide open bonds at all time highs

[15:26] {dino} tlt all time highs

[15:26] {dino} 20 year

[15:26] {Threei}  all the logical projections are being trashed

[15:26] {dino} tbt 2x short, collasped

[15:26] {Threei}  just thunk about half year - 9 months back,

[15:26] {Threei}  thnk

[15:26] {Threei}  thnk

[15:26] {Threei}  sheesh, I can't even type this word

[15:26] {dptl} think

[15:26] {Threei}  right

[15:26] {dptl} :)

[15:26] {cosmo} never

[15:26] {Threei}  how many of ""normal"" calculations about USD, gold, oil etc tunred out to be right?

[15:26] {Threei}  you know many experts who foresaw this USD rally and gold demise?

[15:26] {Threei}  new fators are being intorduced into play all the time

[15:26] {Threei}  factors

[15:26] {dino} oxy sm l .95

[15:26] {dino} everything i was taught is wrong

[15:26] {peterg} all your snakes are belong to us

[15:26] {peterg} (see youtube for further information)

[15:26] {Threei}  is it about damn snakes on the damn plane?

[15:26] {peterg} yessss

[15:26] {peterg} in part

[15:26] {Threei}  what's going on while I sleep?

[15:26] {lisa_jay} Dino's gut was right...selloff

[15:26] {peterg} hamsters again

[15:26] {peterg} snakes  got to thm

[15:27] {Threei}  sigh

[15:30] {dino} 1181 ndx gap from monday

[15:31] {dino} 868 s&p, dji filled

[15:41] {dino} out oxy .20, bad trade

[15:41] {dino} +.25\

[15:48] {lisa_jay} .

[15:51] {Threei}  really strange day

[15:51] {patience} quad witching tomorrow

[15:51] {lisa_jay} And i traded with size :-)  Murphy's law.

[15:52] {Threei}  yeah

[15:52] {Threei}  you did some good ones

[15:52] {lisa_jay} Following the rules / plan and trying not to freak out.

[15:53] {Threei}  well, freaking out is allowed

[15:54] {Threei}  right after trade is overt

[15:54] {Threei}  over

[15:55] {lisa_jay} Took a lot of stops but all under control...nothing that a good winning scalp cant wipe out tomorrow.

[15:56] {dino} gj lisa, afternoon was tough

[15:57] {lisa_jay} thanks Dino

[15:57] {Threei}  Ok guys, thank you all

[15:58] {Threei}  nmore weirdness tomorrow I guess

[15:58] {Threei}  will be restrained and picky

[15:58] {Threei}  have a good evening, see you in the morning

[15:58] {lisa_jay} Thanks Vad.

[15:58] {KSystems} Thank you 

[15:58] {Larisa1} see you

[15:58] {KSystems} and take care :)

[15:58] {dawg} thanks all

[15:58] {dptl} have a good evening all

[15:59] {lisa_jay} Hey Dawg...how was your day?

[15:59] {lisa_jay} DCC if possible.

[16:00] {dino} out mwiv .95-.17

[16:01] {dawg} so so Lisa still working with Laser it's awesome

[16:02] {lisa_jay} Yeah, so i have heard.

[16:02] {lisa_jay} You taking only Vad's calls 

[16:03] {dino} well, only a 340+ pt range today

[16:03] {dawg} not all of them went off on my own today and blew a couple of stops

[16:04] {dawg} trying to learn to set mental stops and I am down 40 bucks for the day

[16:04] {dino} not bad dawg, tough day.

[16:04] {lisa_jay} are you trading full size?

[16:04] {dino} you beat me

[16:05] {dawg} thanks dino but not in your league obviously

[16:05] {lisa_jay} Longs and shorts had it tough.

[16:05] {dino} rimm all over

[16:06] {dawg} no I am trading 200 on vads calls