Apr 30 2008
Session Time: Wed Apr 30 00:00:00 2008
[08:10] {Threei} EFUT
[08:10] {Threei} LAUNCHES BFUTURE.COM.CN B2B WEBSITE- today announced the launch of http://www.bfuture.com.cn , a jointly-designed business-to- business ("B2B") SaaS website to connect retailers to their suppliers, enabling them to more efficiently and effectively share information and manage work processes.
[08:11] {Threei} this is headline from 1999... lol
[08:11] {Threei} back then such announcement would triple their stock in minutes
[08:11] {hawkfan4} lol, morning Vad
[08:11] {Threei} Good morning :)
[08:12] {Threei} really, I almost chocked when saw it
[08:13] {hawkfan4} FSLR earnings out this morning, they usually report after the market
[08:14] {Threei} 07:03am [FSLR] Reports Q1 $0.57 v $0.47e, R $196.9M v $183.6Me
[08:15] {Threei} and couple upgrades yesterday, with 300 and 340 targets
[08:15] {Threei} APR ADP EMPLOYMENT CHANGE: +10K V -60KE- Prior revised higher from +8K to +3K
[08:30] {Threei} Q1 EMPLOYMENT COST INDEX: 0.7% V 0.8%E
[08:44] {hawkfan4} ok Vad, i know i didn't post my entry, but mags might enjoy this one. Out FSLR + 19
[08:45] {Threei} eeck
[08:46] {hawkfan4} :) not a bad way to start the day
[08:46] {Threei} I think it fully qualifies as "not disgusting"
[08:46] {fernp} Good moornig
[08:47] {Threei} fernp :)
[08:52] {dptl} good morning all
[08:52] {Threei} dp :)
[08:54] {cosmo} ALGN
[08:56] {cosmo} # Align Technology Announces First Quarter Fiscal 2008 Results; Board Authorizes $50 Million Stock Repurchase ProgramPR Newswire(Tue 4:00pm)
[08:56] {cosmo} 1Q profit falls 24 percent on costs
[08:57] {cosmo} expects 2Q profit missAP(Tue 6:24pm)
[08:57] {cosmo} fwiw
[08:58] {magoo} morn rt
[08:58] {Threei} cosmo, magoo :)
[08:59] {cosmo} 3i:)
[08:59] {dptl} fed today?
[08:59] {Threei} yup
[09:00] {dptl} thnx......i hate those days,,:)
[09:00] {Onix} Good morning
[09:00] {Threei} onix :)
[09:03] {magoo} HAWK
[09:03] {magoo} u buy this morning??
[09:03] {hawkfan4} yep, 175, out 194 , just 100 shrs
[09:04] {hawkfan4} 275, 294
[09:04] {magoo} lol i was gonna say..that 100points
[09:07] {cosmo} solars are rising
[09:08] {cosmo} here come the solars...
[09:08] {magoo} because its morning
[09:08] {Threei} astute observation
[09:13] {cosmo} STAR: # Starent 1Q profit more than doublesAP(Tue 5:25pm)
[09:13] {cosmo} 16.5 pre mkt high...
[09:13] {cosmo} 16.85 last nite
[09:16] {GeoArb} gm all
[09:17] {Threei} Geo :)
[09:17] {cosmo} ARRS
[09:19] {cosmo} 7.60
[09:20] {cosmo} ...so far
[09:21] {Threei} 04/29/08 04:01pm [ARRS] Reports Q1 $0.12 v $0.10e, R $273.5M v $277.8Me
[09:24] {dino} gm all
[09:25] {Threei} dino :)
[09:25] {esemde} ahhhhh haaaa it worked ...good morning
[09:26] {Threei} ese :)
[09:26] {Threei} what did?
[09:27] {cosmo} sun musta rose...
[09:27] {esemde} opening up and logging onto the the trading room
[09:27] {Threei} what did you change?
[09:28] {esemde} whatever you had asked me to do yesterday....re going into preferences
[09:28] {markweb} good morning winners!!!
[09:28] {Threei} you assume I remember anything about yesterday... flattering
[09:28] {esemde} mark....
[09:28] {Threei} mark :)
[09:28] {markweb} :)
[09:29] {cosmo} {ding}
[09:32] {Threei} ARRS presents interest if pulls back into 7.60
[09:33] {Threei} CSIQ and JASO are trying to follow FSLR
[09:34] {cosmo} SVVS healer
[09:34] {Threei} wow... EFUT did wake up
[09:37] {Threei} TTMI half lot long .30
[09:37] {Threei} if stays above .10
[09:38] {esemde} long BMRN 36.00 1/2 lot
[09:39] {Threei} RIMM sharp selloff
[09:40] {markweb} stop on BMRN ese?
[09:40] {dino} star l sm .00
[09:42] {markweb} out BRMN +.45 thanks ese!!!
[09:42] {Threei} good one guys
[09:42] {esemde} out BMRN .50
[09:42] {dino} sigi l .25 stop .98
[09:42] {esemde} +.50 nice!!!
[09:43] {markweb} sweet:)
[09:43] {esemde} good thing too ...I have another early morning
[09:43] {dino} gj es, mark
[09:43] {esemde} your welcome Mark
[09:44] {esemde} looks like it still wants more
[09:45] {Threei} APRIL CHICAGO PURCHASING MANAGER'S INDEX: 48.3 V 47.5E
[09:45] {magoo} AAPL beserk
[09:48] {Threei} RIMM is not as happy
[09:49] {tomg} in ttmi
[09:50] {Threei} anyone took ARRS near 7.60?
[09:51] {esemde} not I...looked at it
[09:51] {GeoArb} nope.. in ttmi
[09:52] {Threei} WHITE HOUSE: WINDFALL PROFIT TAX WOULD BE DISINCENTIVE FOR OIL COMPANIES
[09:52] {Threei} are we on the same planet with White House?
[09:54] {esemde} gotta wonder sometimes
[09:54] {dino} star stop to b/e
[09:55] {esemde} where are you in on STAR dino
[09:55] {esemde} been following that one this morning too
[09:57] {dino} grmn blood
[09:59] {dino} sigi not moving tighten to .09
[09:59] {Threei} TTMI stop to under .20
[10:00] {esemde} dino you there.... is STAR worth a bstop at 16.24..does it seem strong enough to you
[10:00] {dino} es, .00
[10:00] {esemde} niced
[10:00] {dino} i am long
[10:01] {esemde} bstop STAR 16.24
[10:02] {GeoArb} nice bounce on grmn
[10:02] {dino} damn grmn, wanted whoosh to 38
[10:02] {Roman} 21 BEAV
[10:02] {Roman} 21 feels higher
[10:02] {Roman} 21 long 40.09 1/2 size
[10:03] {esemde} long Star.26
[10:04] {esemde} 1/2 lot
[10:05] {dino} out star .15, +.15
[10:05] {dino} fast drop
[10:05] {esemde} i'll say.
[10:06] {esemde} gonna give it the benefit off the doubt
[10:06] {dino} ok
[10:06] {dino} gl
[10:06] {dino} saw .33 thought it would really go
[10:06] {esemde} me too....stop is in at .01 though
[10:07] {magoo} grmn news vad??
[10:07] {Threei} PREVIEW: DOE AND API PETROLEUM INVENTORIES DUE OUT AT 10:30 AM ET
**Consensus expectations:
[10:07] {Threei} - Crude: +1Me
[10:07] {Threei} - Gasoline: -750Ke
[10:07] {Threei} - Distillates: Unchanged est.
[10:07] {Threei} - Capacity Utilization: 85.9%e
[10:07] {Threei} missed earnings mags
[10:09] {magoo} ty
[10:09] {Threei} starts looking like short on 40 break
[10:09] {Threei} if holding under 40.25
[10:09] {dino} star back to your b/e es
[10:09] {Threei} volatile, no big shares
[10:10] {Threei} no go
[10:10] {Threei} too jumpy
[10:11] {Threei} TTMI stop to .24
[10:14] {judijim} good morning all
[10:14] {Threei} jj :)
[10:14] {esemde} I'm getting the sense that STAR has found the VWAP for today and may not move much beyond 16.20
[10:15] {tomg} setting stop ttmi at .24, have to leave for a while, ty vad
[10:16] {esemde} see ya tom
[10:16] {Threei} take care tom
[10:17] {esemde} hmmm hit .00 but didn't get stopped
[10:18] {esemde} opps spoke too soon...stopped .99 -.27
[10:18] {bruce} hmmm - what is vwap ese?
[10:18] {Roman} 21 long SWHC small
[10:19] {Roman} 21 7.26
[10:19] {esemde} Volume Weighted Average Price....bench mark for big funds to measure whether they've gotten there clients a good price on the day
[10:19] {Threei} great... just when I was going to say RIMM is so weak, it looks like short
[10:20] {magoo} bouncer now looksike
[10:20] {dino} wow es, you are deep, i thought vwap was a veal wrap
[10:21] {bruce} thanx ese
[10:21] {esemde} I prefer the Veal Wrap....
[10:21] {Threei} if its usual ways hold, should be a short somewhere just above 125.5
[10:21] {dino} :)
[10:21] {bruce} heard the term but didn't know what it meant
[10:21] {bruce} sounds like an insult
[10:21] {bruce} get out of my way you damned vwap
[10:22] {dino} htch drop
[10:22] {esemde} ha ha ha good one
[10:22] {dino} lol
[10:22] {Threei} that's how I always used it
[10:22] {Threei} you mean it wasn't the right meaning?
[10:23] {Threei} I also usually throw MACD on top
[10:23] {magoo} BIDU news vad?
[10:23] {Threei} you macded vwap
[10:23] {Threei} nothing fresh mags
[10:24] {magoo} ty
[10:24] {magoo} weaker than mkt today
[10:24] {Threei} a bit, yeah
[10:25] {dino} dbtk sm s .49, stop .77
[10:26] {bruce} expe long candidate on 25 break
[10:30] {Threei} DOE CRUDE:+3.85M V +1ME
[10:30] {Threei} GASOLINE: -1.48M V -750KE; DISTILLATES: 1.13M V UNCH. EST.;
[10:30] {dino} cnqr?
[10:31] {dino} l .59, stop .18 sm
[10:33] {Threei} RIMM acts according to a pattern so far
[10:33] {Threei} if you went for bounce, get out here
[10:33] {Threei} if waiting to short, this is the spot to watch
[10:34] {dino} dbtk bstop tighten to .61
[10:39] {dino} sigi stop to .37
[10:39] {dino} out +.12
[10:39] {Threei} TTMI stop to .29
[10:40] {dino} rsti bottom maybe
[10:45] {hawkfan4} RIMM nice Vad, thx
[10:47] {dino} dbtk stuck, bstop to .43
[10:47] {Threei} shorted it hawk?
[10:48] {hawkfan4} yep, got .39, partial .15 and .98, and stop .01 now
[10:48] {Threei} :)
[10:49] {dino} cnqr 1/1 if anyone took, sstop to .78
[10:51] {bruce} hmm possible reversal in grmn dino - watching it for setup
[10:52] {dino} me too, thought it would drop more
[10:52] {dino} i was wrong
[10:53] {bruce} still may - jerks around a lot - so looking for tight range entry
[10:54] {dino} jerks everywhere i go it seems
[10:54] {bruce} apei looks like one of your babys dino - thinnie and getting extended long
[10:55] {dino} ty watching
[10:56] {dino} crazy one if i remember
[10:57] {bruce} yes - ridiculous spread - quick moes
[10:57] {dino} cnqr lots of trouble w/.00, tighten to .94
[10:58] {dino} waiting small 34.24
[11:02] {dino} ezch? maybe another pop, thin
[11:02] {bruce} rrc - posible reverversal point near
[11:02] {dino} dbtk bstop to .26
[11:03] {dino} oih rrc based
[11:04] {bruce} k thanx
[11:04] {dino} wbmd
[11:05] {magoo} wierd market so active on rate dec day vad
[11:05] {bruce} remember our fdp rinse yesterday?
[11:05] {bruce} we got vwapped in it
[11:06] {dino} lol
[11:06] {dino} i can't borrow wbmd
[11:06] {Threei} this rate decision is different from a few previous opnes mags
[11:06] {Threei} talked about it yesterday
[11:07] {dino} dbtk stopped/cov. .26, +.23
[11:08] {Threei} TTMI firmly above 1:1, and doesn't look like done yet
[11:08] {dino} cnqr to .14
[11:08] {Threei} make your decision re: holding, partialing, taking profit
[11:09] {dino} out cnqr .30, +.71
[11:10] {dino} cpla
[11:10] {dino} educations spiking
[11:10] {Threei} CECO lagging
[11:11] {dino} now why do you have to say it like that/
[11:12] {dino} grmn app. lod
[11:12] {Threei} just giving a andidate for educations sympathy play :)
[11:12] {dino} enough i say
[11:12] {dino} :)
[11:13] {bruce} yes watching it
[11:13] {bruce} we missed rrc bounce
[11:13] * Threei is whistling "we don't need no education" theme
[11:14] {dino} ahhh floyd. take me to the dark side of the moon
[11:14] {bruce} nfx on alert now - may bounce near here
[11:15] {dino} wow we missed apei brice, i was chicken
[11:16] {bruce} didn't miss it dino - those puppies scare the heck out of me
[11:17] {dino} you must embrace risk
[11:17] {dino} it is your friend
[11:17] {bruce} lol
[11:17] {bruce} 20 to 30 c spread is no friend of mine
[11:17] {dino} for a daytrader it is...think about it
[11:18] {bruce} take lots of risky trades dino
[11:18] {bruce} just look for tighter entries than you
[11:18] {bruce} want to see .50 hold in nfx here
[11:19] {dino} cpla continues
[11:21] {bruce} l nfx .74 - stop 15 c
[11:21] {bruce} maty be early
[11:23] {dino} good entry
[11:24] {Chaeron} Good morning all.... sorry I'm late.. pc probs
[11:25] {Threei} chaeron :)
[11:25] {dino} gm
[11:27] {dino} cpla sm s .70
[11:27] {dino} stop .18
[11:28] {bruce} sorry ch - ese probably infected your computer
[11:29] {GeoArb} heh
[11:29] {bruce} wouldn't be surpriwsed if mags had hand in it either
[11:29] {dino} most likely
[11:39] {dino} sm rsti l .01 wide risky
[11:40] {bruce} out nfx for now +.20
[11:40] {dino} gj
[11:41] {bruce} thanx dino - lots ofroom for it to still go north
[11:44] {dino} strange day, good trade
[11:45] {dino} cpla not working tighten to .96
[11:46] {bruce} wow - apei 2.50 retrace
[11:47] {dino} sohu
[11:47] {dino} rsti tighten to .68
[11:47] {dino} stopped cpla spiked, -.31
[11:53] {bruce} hmmm dino = considering about ag long here
[11:54] {bruce} nope - passing - volume too soft
[11:55] {dino} no too hard to trade yesterday
[11:56] {bruce} lots of potential to retrace to day
[11:56] {bruce} but want more action
[11:57] {dino} don't we all, lol
[11:57] {Threei} nope
[11:57] {Threei} I for one want more sleep
[11:58] {judijim} taking break, be back:)
[12:01] {dino} sohu l sm .75sohu l trig, imo .75 sm
[12:06] {dino} sohu stopped .38, -.37
[12:10] {dino} rsti stopped .64 slip, -.36
[12:10] {bruce} dptr longcandidate here dino
[12:10] {dino} .-37
[12:13] {bruce} l dptr .43 stop 10c
[12:23] {dino} cpla major rinse
[12:28] {bruce} sorry dino
[12:30] {dino} np
[12:39] {esemde} you all have a great rest of the day now yahear....Jed Clampet quote
[12:39] {Threei} take care ese
[12:41] {dino} ttgt
[12:46] {dino} ttgt s .55 sm
[12:47] {dino} ttes drop
[13:00] {magoo} laserdave, dcc
[13:06] {dino} ttgt bstop to .05
[13:09] {dino} coco spike
[13:09] {dino} rsti bruce?
[13:12] {dino} sm l .21, stop .79
[13:12] {dino} whippy
[13:13] {dino} ttgt to .87 bstop
[13:13] {dino} .97 i mean
[13:17] {dino} otex wakey
[13:29] {dino} ttgt stoppeed slipped .01, +.54
[13:33] {Threei} guys, while we are waiting for Big Ben to tell us where the happiness is
[13:33] {Threei} http://www.realitytrader.com/blog/2008/04/traders-job.html
[13:42] {Threei} full room of sleeping beauties...
[13:42] * Threei slaps Laserdave1 around a bit with a large trout
[13:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[13:51] {Threei} CSIQ unusually strong
[13:51] {Threei} not sure what gives... FSLR retreated, market too
[13:51] {Threei} usually this thing follows
[13:57] {dino} ok., dji will go to flat or slight neg., then bounce to 90, then back down,close neg.
[13:58] {patience} great post vad, just read it after finishing my daughter's income tax
[13:58] {Threei} thank you
[13:58] {patience} amount of paperwork for revenue canada is quite the reality check
[13:59] {Threei} meaning, trees be damned?
[14:00] {patience} paper for her first income tax, electronic starting next year
[14:08] {Threei} that's going to be one crazy show after Fed announcement
[14:10] {dino} hod
[14:10] {Threei} 5 min
[14:12] {Threei} playing "what I would do if I were Fed"... I'd do no cut, expressing confidence in economy, spiking USD and tanking oil
[14:12] {Threei} first knee jerk reaction would be down, then rally
[14:15] {dino} thats what i want, no change
[14:15] {Threei} me too
[14:15] {Threei} 1/4 cut
[14:15] {dino} 1/4
[14:17] {Threei} oh good... market moves in two directions at the same time
[14:17] {Threei} - Economic activity remains weak
[14:17] {Threei} - Vote was 8-2 for cut (Fisher, Plosser dissented, preferred no change in rates)
[14:17] {Threei} - Uncertainty on inflation outlook remains high, labor markets have softended, financial markets under considerable stress
[14:17] {Threei} - Notes the substantial easing of monetary policy to date should help promote moderate growth over time
[14:17] {Threei} - Inflation seen moderating but will monitor carefully
[14:19] {dino} cme 3 buck spread
[14:20] {dino} ntrs s[pike
[14:20] {dino} nah
[14:20] {Threei} - Says readings on core inflation somewhat improved, but energy, commodity prices up, some inflation expectations have risen
[14:20] {Threei} - Board vote to cut discount rate was unanimous
[14:20] {Threei} FOMC DROPS REFERENCE TO DOWNSIDE GROWTH
[14:21] {Threei} NQ chart is something
[14:22] {Threei} COMPARATIVE ANALYSIS OF CURRENT AND MARCH FOMC STATEMENTS: FOMC DROPS REFERENCE TO DOWNSIDE RISKS TO GROWTH
- this change in the balance of risks statement was one of the anticipated signals that the Fed is now on hold. They also added that the 'substantial' easing to dated should promote growth, again signaling that they are ready to let the cuts that are now in place to work through the economy.
[14:22] {Threei} - the rest of the statement is largely unchanged: the FOMC reiterated it will 'act as needed' to promote it
[14:23] {dino} dbtk s .58 sm, stop .81
[14:24] {Threei} SIRI AND XMSR EXTEND MERGER AGREEMENT- agreed not to exercise their rights to terminate the Merger Agreement prior to May 15, 2008. SIRIUS and XM also announced that they have agreed to further extend the merger agreement, as necessary, for rolling two week periods unless either side notifies the other of its intention not to extend.
[14:29] {dino} ok i'll say it... that's the most boring fed reaction in years
[14:30] {dino} oh mannnnnnnnnnnn, swiper. i'm glad i have a tee time in 90 minutes
[14:42] {Threei} I have to agree, this is quite unusual reaction
[14:42] {Threei} sharp spikes in both directions is normal,
[14:43] {Threei} but staying locked in relatively narrow range for so long after that is not
[14:47] {Threei} AAPL seems to be the best follower
[14:47] {Threei} when direction finally resolves, I'd use it
[14:50] {bruce} economy is stalled vad
[14:50] {bruce} without you to spend your massive nigerian wealth we're all doomed
[14:50] {bruce} recession
[14:50] {bruce} depression
[14:51] {Threei} hmmm
[14:51] {Threei} see, here is the problem
[14:51] {Threei} I spent it, even before I obtained it
[14:52] {dino} back in 15
[14:54] {Threei} watching AAPL for bounce scalp
[14:56] {Threei} in
[14:56] {Threei} stop under .40
[14:56] {magoo} i got .58
[14:57] {Threei} beautiful
[14:57] {Threei} out
[14:57] {Threei} .10
[14:57] {Threei} +.45 for me
[14:57] {magoo} out .176
[14:57] {magoo} + .42
[15:00] {Threei} round 2 is coming
[15:01] {Threei} in
[15:01] {Threei} stop under .40
[15:01] {Threei} de ja vu
[15:02] {Threei} out
[15:02] {Threei} 175
[15:02] {Threei} +.36
[15:03] {bruce} wicked dump
[15:04] {Threei} something's causing it
[15:05] {Threei} feels like there is some development we don't know about yet
[15:06] {Roman} 21 RIMM dumping
[15:06] {Threei} what isn't? :)
[15:08] {bruce} indeed
[15:09] {Threei} could it be this:
[15:09] {Threei} http://tinyurl.com/3nknpz
[15:12] {Threei} getting ready for AAPL again
[15:13] {Threei} in
[15:14] {Threei} stopped
[15:14] {bruce} too early - qs stil;l dumping
[15:14] {Threei} -.23 this time
[15:15] {bruce} now at yesterdays low in q's - bounce time here maybe?
[15:21] {dino} v. sm cme l 465.50
[15:23] {bruce} wow - upwards of 70 c spread in that puppy dino
[15:24] {dino} y, small
[15:24] {bruce} should work
[15:24] {bruce} odds of reversal good here
[15:25] {dino} needs dji help
[15:28] {dino} not happening, cutting it loose
[15:30] {bruce} \sheesh - qs exploring lows again
[15:31] {bruce} we really need to get this economy going
[15:31] {Threei} and I am charged with it?
[15:31] {Threei} again?
[15:31] {bruce} why not have vad cut checks for all the nice people in this trade room?
[15:32] {bruce} hmm - good guess vadster
[15:32] {bruce} \generous of you
[15:32] {bruce} we promise to spend it
[15:32] {bruce} reality trader stimulus package
[15:33] {Threei} see bruce... you made it very easy for me when said "nice"
[15:33] {bruce} just like ben b and george b
[15:33] {dino} seems i was off, went up, then down to flat now going up
[15:33] {bruce} thats the ticket
[15:33] {bruce} be nice
[15:33] {bruce} hard to tell here dino
[15:33] {Threei} awww... sold last AAPL wentry way too soon
[15:34] {bruce} you can reqad this pulp stuff way better than rest of us - possible exception of the vadster
[15:35] {dino} lol
[15:43] {dino} dbtk stopped .82 -..24
[15:43] {judijim} we like that the Reality Trader Stimulus Package, where do we sign up? Gone for today, be back AM.
[15:43] {Threei} take care jj
[15:46] {bruce} fccn scalp long cqandidate here
[15:46] {bruce} fmcn
[15:49] {bruce} out fmcn - quick scalp +.18 2 to 1 onrisk
[15:50] {dino} gj
[15:50] {bruce} thanx dino
[15:50] {bruce} small play
[15:55] {bruce} ubb - bigmobve today dino
[15:56] {dino} guess so
[15:59] {Threei} ok guys, thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {dptl} have a good evening all:)
[16:02] {dino} thx all
[16:02] {bruce} night all
[16:13] {magoo} nite all
[08:10] {Threei} EFUT
[08:10] {Threei} LAUNCHES BFUTURE.COM.CN B2B WEBSITE- today announced the launch of http://www.bfuture.com.cn , a jointly-designed business-to- business ("B2B") SaaS website to connect retailers to their suppliers, enabling them to more efficiently and effectively share information and manage work processes.
[08:11] {Threei} this is headline from 1999... lol
[08:11] {Threei} back then such announcement would triple their stock in minutes
[08:11] {hawkfan4} lol, morning Vad
[08:11] {Threei} Good morning :)
[08:12] {Threei} really, I almost chocked when saw it
[08:13] {hawkfan4} FSLR earnings out this morning, they usually report after the market
[08:14] {Threei} 07:03am [FSLR] Reports Q1 $0.57 v $0.47e, R $196.9M v $183.6Me
[08:15] {Threei} and couple upgrades yesterday, with 300 and 340 targets
[08:15] {Threei} APR ADP EMPLOYMENT CHANGE: +10K V -60KE- Prior revised higher from +8K to +3K
[08:30] {Threei} Q1 EMPLOYMENT COST INDEX: 0.7% V 0.8%E
[08:44] {hawkfan4} ok Vad, i know i didn't post my entry, but mags might enjoy this one. Out FSLR + 19
[08:45] {Threei} eeck
[08:46] {hawkfan4} :) not a bad way to start the day
[08:46] {Threei} I think it fully qualifies as "not disgusting"
[08:46] {fernp} Good moornig
[08:47] {Threei} fernp :)
[08:52] {dptl} good morning all
[08:52] {Threei} dp :)
[08:54] {cosmo} ALGN
[08:56] {cosmo} # Align Technology Announces First Quarter Fiscal 2008 Results; Board Authorizes $50 Million Stock Repurchase ProgramPR Newswire(Tue 4:00pm)
[08:56] {cosmo} 1Q profit falls 24 percent on costs
[08:57] {cosmo} expects 2Q profit missAP(Tue 6:24pm)
[08:57] {cosmo} fwiw
[08:58] {magoo} morn rt
[08:58] {Threei} cosmo, magoo :)
[08:59] {cosmo} 3i:)
[08:59] {dptl} fed today?
[08:59] {Threei} yup
[09:00] {dptl} thnx......i hate those days,,:)
[09:00] {Onix} Good morning
[09:00] {Threei} onix :)
[09:03] {magoo} HAWK
[09:03] {magoo} u buy this morning??
[09:03] {hawkfan4} yep, 175, out 194 , just 100 shrs
[09:04] {hawkfan4} 275, 294
[09:04] {magoo} lol i was gonna say..that 100points
[09:07] {cosmo} solars are rising
[09:08] {cosmo} here come the solars...
[09:08] {magoo} because its morning
[09:08] {Threei} astute observation
[09:13] {cosmo} STAR: # Starent 1Q profit more than doublesAP(Tue 5:25pm)
[09:13] {cosmo} 16.5 pre mkt high...
[09:13] {cosmo} 16.85 last nite
[09:16] {GeoArb} gm all
[09:17] {Threei} Geo :)
[09:17] {cosmo} ARRS
[09:19] {cosmo} 7.60
[09:20] {cosmo} ...so far
[09:21] {Threei} 04/29/08 04:01pm [ARRS] Reports Q1 $0.12 v $0.10e, R $273.5M v $277.8Me
[09:24] {dino} gm all
[09:25] {Threei} dino :)
[09:25] {esemde} ahhhhh haaaa it worked ...good morning
[09:26] {Threei} ese :)
[09:26] {Threei} what did?
[09:27] {cosmo} sun musta rose...
[09:27] {esemde} opening up and logging onto the the trading room
[09:27] {Threei} what did you change?
[09:28] {esemde} whatever you had asked me to do yesterday....re going into preferences
[09:28] {markweb} good morning winners!!!
[09:28] {Threei} you assume I remember anything about yesterday... flattering
[09:28] {esemde} mark....
[09:28] {Threei} mark :)
[09:28] {markweb} :)
[09:29] {cosmo} {ding}
[09:32] {Threei} ARRS presents interest if pulls back into 7.60
[09:33] {Threei} CSIQ and JASO are trying to follow FSLR
[09:34] {cosmo} SVVS healer
[09:34] {Threei} wow... EFUT did wake up
[09:37] {Threei} TTMI half lot long .30
[09:37] {Threei} if stays above .10
[09:38] {esemde} long BMRN 36.00 1/2 lot
[09:39] {Threei} RIMM sharp selloff
[09:40] {markweb} stop on BMRN ese?
[09:40] {dino} star l sm .00
[09:42] {markweb} out BRMN +.45 thanks ese!!!
[09:42] {Threei} good one guys
[09:42] {esemde} out BMRN .50
[09:42] {dino} sigi l .25 stop .98
[09:42] {esemde} +.50 nice!!!
[09:43] {markweb} sweet:)
[09:43] {esemde} good thing too ...I have another early morning
[09:43] {dino} gj es, mark
[09:43] {esemde} your welcome Mark
[09:44] {esemde} looks like it still wants more
[09:45] {Threei} APRIL CHICAGO PURCHASING MANAGER'S INDEX: 48.3 V 47.5E
[09:45] {magoo} AAPL beserk
[09:48] {Threei} RIMM is not as happy
[09:49] {tomg} in ttmi
[09:50] {Threei} anyone took ARRS near 7.60?
[09:51] {esemde} not I...looked at it
[09:51] {GeoArb} nope.. in ttmi
[09:52] {Threei} WHITE HOUSE: WINDFALL PROFIT TAX WOULD BE DISINCENTIVE FOR OIL COMPANIES
[09:52] {Threei} are we on the same planet with White House?
[09:54] {esemde} gotta wonder sometimes
[09:54] {dino} star stop to b/e
[09:55] {esemde} where are you in on STAR dino
[09:55] {esemde} been following that one this morning too
[09:57] {dino} grmn blood
[09:59] {dino} sigi not moving tighten to .09
[09:59] {Threei} TTMI stop to under .20
[10:00] {esemde} dino you there.... is STAR worth a bstop at 16.24..does it seem strong enough to you
[10:00] {dino} es, .00
[10:00] {esemde} niced
[10:00] {dino} i am long
[10:01] {esemde} bstop STAR 16.24
[10:02] {GeoArb} nice bounce on grmn
[10:02] {dino} damn grmn, wanted whoosh to 38
[10:02] {Roman} 21 BEAV
[10:02] {Roman} 21 feels higher
[10:02] {Roman} 21 long 40.09 1/2 size
[10:03] {esemde} long Star.26
[10:04] {esemde} 1/2 lot
[10:05] {dino} out star .15, +.15
[10:05] {dino} fast drop
[10:05] {esemde} i'll say.
[10:06] {esemde} gonna give it the benefit off the doubt
[10:06] {dino} ok
[10:06] {dino} gl
[10:06] {dino} saw .33 thought it would really go
[10:06] {esemde} me too....stop is in at .01 though
[10:07] {magoo} grmn news vad??
[10:07] {Threei} PREVIEW: DOE AND API PETROLEUM INVENTORIES DUE OUT AT 10:30 AM ET
**Consensus expectations:
[10:07] {Threei} - Crude: +1Me
[10:07] {Threei} - Gasoline: -750Ke
[10:07] {Threei} - Distillates: Unchanged est.
[10:07] {Threei} - Capacity Utilization: 85.9%e
[10:07] {Threei} missed earnings mags
[10:09] {magoo} ty
[10:09] {Threei} starts looking like short on 40 break
[10:09] {Threei} if holding under 40.25
[10:09] {dino} star back to your b/e es
[10:09] {Threei} volatile, no big shares
[10:10] {Threei} no go
[10:10] {Threei} too jumpy
[10:11] {Threei} TTMI stop to .24
[10:14] {judijim} good morning all
[10:14] {Threei} jj :)
[10:14] {esemde} I'm getting the sense that STAR has found the VWAP for today and may not move much beyond 16.20
[10:15] {tomg} setting stop ttmi at .24, have to leave for a while, ty vad
[10:16] {esemde} see ya tom
[10:16] {Threei} take care tom
[10:17] {esemde} hmmm hit .00 but didn't get stopped
[10:18] {esemde} opps spoke too soon...stopped .99 -.27
[10:18] {bruce} hmmm - what is vwap ese?
[10:18] {Roman} 21 long SWHC small
[10:19] {Roman} 21 7.26
[10:19] {esemde} Volume Weighted Average Price....bench mark for big funds to measure whether they've gotten there clients a good price on the day
[10:19] {Threei} great... just when I was going to say RIMM is so weak, it looks like short
[10:20] {magoo} bouncer now looksike
[10:20] {dino} wow es, you are deep, i thought vwap was a veal wrap
[10:21] {bruce} thanx ese
[10:21] {esemde} I prefer the Veal Wrap....
[10:21] {Threei} if its usual ways hold, should be a short somewhere just above 125.5
[10:21] {dino} :)
[10:21] {bruce} heard the term but didn't know what it meant
[10:21] {bruce} sounds like an insult
[10:21] {bruce} get out of my way you damned vwap
[10:22] {dino} htch drop
[10:22] {esemde} ha ha ha good one
[10:22] {dino} lol
[10:22] {Threei} that's how I always used it
[10:22] {Threei} you mean it wasn't the right meaning?
[10:23] {Threei} I also usually throw MACD on top
[10:23] {magoo} BIDU news vad?
[10:23] {Threei} you macded vwap
[10:23] {Threei} nothing fresh mags
[10:24] {magoo} ty
[10:24] {magoo} weaker than mkt today
[10:24] {Threei} a bit, yeah
[10:25] {dino} dbtk sm s .49, stop .77
[10:26] {bruce} expe long candidate on 25 break
[10:30] {Threei} DOE CRUDE:+3.85M V +1ME
[10:30] {Threei} GASOLINE: -1.48M V -750KE; DISTILLATES: 1.13M V UNCH. EST.;
[10:30] {dino} cnqr?
[10:31] {dino} l .59, stop .18 sm
[10:33] {Threei} RIMM acts according to a pattern so far
[10:33] {Threei} if you went for bounce, get out here
[10:33] {Threei} if waiting to short, this is the spot to watch
[10:34] {dino} dbtk bstop tighten to .61
[10:39] {dino} sigi stop to .37
[10:39] {dino} out +.12
[10:39] {Threei} TTMI stop to .29
[10:40] {dino} rsti bottom maybe
[10:45] {hawkfan4} RIMM nice Vad, thx
[10:47] {dino} dbtk stuck, bstop to .43
[10:47] {Threei} shorted it hawk?
[10:48] {hawkfan4} yep, got .39, partial .15 and .98, and stop .01 now
[10:48] {Threei} :)
[10:49] {dino} cnqr 1/1 if anyone took, sstop to .78
[10:51] {bruce} hmm possible reversal in grmn dino - watching it for setup
[10:52] {dino} me too, thought it would drop more
[10:52] {dino} i was wrong
[10:53] {bruce} still may - jerks around a lot - so looking for tight range entry
[10:54] {dino} jerks everywhere i go it seems
[10:54] {bruce} apei looks like one of your babys dino - thinnie and getting extended long
[10:55] {dino} ty watching
[10:56] {dino} crazy one if i remember
[10:57] {bruce} yes - ridiculous spread - quick moes
[10:57] {dino} cnqr lots of trouble w/.00, tighten to .94
[10:58] {dino} waiting small 34.24
[11:02] {dino} ezch? maybe another pop, thin
[11:02] {bruce} rrc - posible reverversal point near
[11:02] {dino} dbtk bstop to .26
[11:03] {dino} oih rrc based
[11:04] {bruce} k thanx
[11:04] {dino} wbmd
[11:05] {magoo} wierd market so active on rate dec day vad
[11:05] {bruce} remember our fdp rinse yesterday?
[11:05] {bruce} we got vwapped in it
[11:06] {dino} lol
[11:06] {dino} i can't borrow wbmd
[11:06] {Threei} this rate decision is different from a few previous opnes mags
[11:06] {Threei} talked about it yesterday
[11:07] {dino} dbtk stopped/cov. .26, +.23
[11:08] {Threei} TTMI firmly above 1:1, and doesn't look like done yet
[11:08] {dino} cnqr to .14
[11:08] {Threei} make your decision re: holding, partialing, taking profit
[11:09] {dino} out cnqr .30, +.71
[11:10] {dino} cpla
[11:10] {dino} educations spiking
[11:10] {Threei} CECO lagging
[11:11] {dino} now why do you have to say it like that/
[11:12] {dino} grmn app. lod
[11:12] {Threei} just giving a andidate for educations sympathy play :)
[11:12] {dino} enough i say
[11:12] {dino} :)
[11:13] {bruce} yes watching it
[11:13] {bruce} we missed rrc bounce
[11:13] * Threei is whistling "we don't need no education" theme
[11:14] {dino} ahhh floyd. take me to the dark side of the moon
[11:14] {bruce} nfx on alert now - may bounce near here
[11:15] {dino} wow we missed apei brice, i was chicken
[11:16] {bruce} didn't miss it dino - those puppies scare the heck out of me
[11:17] {dino} you must embrace risk
[11:17] {dino} it is your friend
[11:17] {bruce} lol
[11:17] {bruce} 20 to 30 c spread is no friend of mine
[11:17] {dino} for a daytrader it is...think about it
[11:18] {bruce} take lots of risky trades dino
[11:18] {bruce} just look for tighter entries than you
[11:18] {bruce} want to see .50 hold in nfx here
[11:19] {dino} cpla continues
[11:21] {bruce} l nfx .74 - stop 15 c
[11:21] {bruce} maty be early
[11:23] {dino} good entry
[11:24] {Chaeron} Good morning all.... sorry I'm late.. pc probs
[11:25] {Threei} chaeron :)
[11:25] {dino} gm
[11:27] {dino} cpla sm s .70
[11:27] {dino} stop .18
[11:28] {bruce} sorry ch - ese probably infected your computer
[11:29] {GeoArb} heh
[11:29] {bruce} wouldn't be surpriwsed if mags had hand in it either
[11:29] {dino} most likely
[11:39] {dino} sm rsti l .01 wide risky
[11:40] {bruce} out nfx for now +.20
[11:40] {dino} gj
[11:41] {bruce} thanx dino - lots ofroom for it to still go north
[11:44] {dino} strange day, good trade
[11:45] {dino} cpla not working tighten to .96
[11:46] {bruce} wow - apei 2.50 retrace
[11:47] {dino} sohu
[11:47] {dino} rsti tighten to .68
[11:47] {dino} stopped cpla spiked, -.31
[11:53] {bruce} hmmm dino = considering about ag long here
[11:54] {bruce} nope - passing - volume too soft
[11:55] {dino} no too hard to trade yesterday
[11:56] {bruce} lots of potential to retrace to day
[11:56] {bruce} but want more action
[11:57] {dino} don't we all, lol
[11:57] {Threei} nope
[11:57] {Threei} I for one want more sleep
[11:58] {judijim} taking break, be back:)
[12:01] {dino} sohu l sm .75sohu l trig, imo .75 sm
[12:06] {dino} sohu stopped .38, -.37
[12:10] {dino} rsti stopped .64 slip, -.36
[12:10] {bruce} dptr longcandidate here dino
[12:10] {dino} .-37
[12:13] {bruce} l dptr .43 stop 10c
[12:23] {dino} cpla major rinse
[12:28] {bruce} sorry dino
[12:30] {dino} np
[12:39] {esemde} you all have a great rest of the day now yahear....Jed Clampet quote
[12:39] {Threei} take care ese
[12:41] {dino} ttgt
[12:46] {dino} ttgt s .55 sm
[12:47] {dino} ttes drop
[13:00] {magoo} laserdave, dcc
[13:06] {dino} ttgt bstop to .05
[13:09] {dino} coco spike
[13:09] {dino} rsti bruce?
[13:12] {dino} sm l .21, stop .79
[13:12] {dino} whippy
[13:13] {dino} ttgt to .87 bstop
[13:13] {dino} .97 i mean
[13:17] {dino} otex wakey
[13:29] {dino} ttgt stoppeed slipped .01, +.54
[13:33] {Threei} guys, while we are waiting for Big Ben to tell us where the happiness is
[13:33] {Threei} http://www.realitytrader.com/blog/2008/04/traders-job.html
[13:42] {Threei} full room of sleeping beauties...
[13:42] * Threei slaps Laserdave1 around a bit with a large trout
[13:50] * Chaeron slaps Laserdave1 around a bit with a large trout
[13:51] {Threei} CSIQ unusually strong
[13:51] {Threei} not sure what gives... FSLR retreated, market too
[13:51] {Threei} usually this thing follows
[13:57] {dino} ok., dji will go to flat or slight neg., then bounce to 90, then back down,close neg.
[13:58] {patience} great post vad, just read it after finishing my daughter's income tax
[13:58] {Threei} thank you
[13:58] {patience} amount of paperwork for revenue canada is quite the reality check
[13:59] {Threei} meaning, trees be damned?
[14:00] {patience} paper for her first income tax, electronic starting next year
[14:08] {Threei} that's going to be one crazy show after Fed announcement
[14:10] {dino} hod
[14:10] {Threei} 5 min
[14:12] {Threei} playing "what I would do if I were Fed"... I'd do no cut, expressing confidence in economy, spiking USD and tanking oil
[14:12] {Threei} first knee jerk reaction would be down, then rally
[14:15] {dino} thats what i want, no change
[14:15] {Threei} me too
[14:15] {Threei} 1/4 cut
[14:15] {dino} 1/4
[14:17] {Threei} oh good... market moves in two directions at the same time
[14:17] {Threei} - Economic activity remains weak
[14:17] {Threei} - Vote was 8-2 for cut (Fisher, Plosser dissented, preferred no change in rates)
[14:17] {Threei} - Uncertainty on inflation outlook remains high, labor markets have softended, financial markets under considerable stress
[14:17] {Threei} - Notes the substantial easing of monetary policy to date should help promote moderate growth over time
[14:17] {Threei} - Inflation seen moderating but will monitor carefully
[14:19] {dino} cme 3 buck spread
[14:20] {dino} ntrs s[pike
[14:20] {dino} nah
[14:20] {Threei} - Says readings on core inflation somewhat improved, but energy, commodity prices up, some inflation expectations have risen
[14:20] {Threei} - Board vote to cut discount rate was unanimous
[14:20] {Threei} FOMC DROPS REFERENCE TO DOWNSIDE GROWTH
[14:21] {Threei} NQ chart is something
[14:22] {Threei} COMPARATIVE ANALYSIS OF CURRENT AND MARCH FOMC STATEMENTS: FOMC DROPS REFERENCE TO DOWNSIDE RISKS TO GROWTH
- this change in the balance of risks statement was one of the anticipated signals that the Fed is now on hold. They also added that the 'substantial' easing to dated should promote growth, again signaling that they are ready to let the cuts that are now in place to work through the economy.
[14:22] {Threei} - the rest of the statement is largely unchanged: the FOMC reiterated it will 'act as needed' to promote it
[14:23] {dino} dbtk s .58 sm, stop .81
[14:24] {Threei} SIRI AND XMSR EXTEND MERGER AGREEMENT- agreed not to exercise their rights to terminate the Merger Agreement prior to May 15, 2008. SIRIUS and XM also announced that they have agreed to further extend the merger agreement, as necessary, for rolling two week periods unless either side notifies the other of its intention not to extend.
[14:29] {dino} ok i'll say it... that's the most boring fed reaction in years
[14:30] {dino} oh mannnnnnnnnnnn, swiper. i'm glad i have a tee time in 90 minutes
[14:42] {Threei} I have to agree, this is quite unusual reaction
[14:42] {Threei} sharp spikes in both directions is normal,
[14:43] {Threei} but staying locked in relatively narrow range for so long after that is not
[14:47] {Threei} AAPL seems to be the best follower
[14:47] {Threei} when direction finally resolves, I'd use it
[14:50] {bruce} economy is stalled vad
[14:50] {bruce} without you to spend your massive nigerian wealth we're all doomed
[14:50] {bruce} recession
[14:50] {bruce} depression
[14:51] {Threei} hmmm
[14:51] {Threei} see, here is the problem
[14:51] {Threei} I spent it, even before I obtained it
[14:52] {dino} back in 15
[14:54] {Threei} watching AAPL for bounce scalp
[14:56] {Threei} in
[14:56] {Threei} stop under .40
[14:56] {magoo} i got .58
[14:57] {Threei} beautiful
[14:57] {Threei} out
[14:57] {Threei} .10
[14:57] {Threei} +.45 for me
[14:57] {magoo} out .176
[14:57] {magoo} + .42
[15:00] {Threei} round 2 is coming
[15:01] {Threei} in
[15:01] {Threei} stop under .40
[15:01] {Threei} de ja vu
[15:02] {Threei} out
[15:02] {Threei} 175
[15:02] {Threei} +.36
[15:03] {bruce} wicked dump
[15:04] {Threei} something's causing it
[15:05] {Threei} feels like there is some development we don't know about yet
[15:06] {Roman} 21 RIMM dumping
[15:06] {Threei} what isn't? :)
[15:08] {bruce} indeed
[15:09] {Threei} could it be this:
[15:09] {Threei} http://tinyurl.com/3nknpz
[15:12] {Threei} getting ready for AAPL again
[15:13] {Threei} in
[15:14] {Threei} stopped
[15:14] {bruce} too early - qs stil;l dumping
[15:14] {Threei} -.23 this time
[15:15] {bruce} now at yesterdays low in q's - bounce time here maybe?
[15:21] {dino} v. sm cme l 465.50
[15:23] {bruce} wow - upwards of 70 c spread in that puppy dino
[15:24] {dino} y, small
[15:24] {bruce} should work
[15:24] {bruce} odds of reversal good here
[15:25] {dino} needs dji help
[15:28] {dino} not happening, cutting it loose
[15:30] {bruce} \sheesh - qs exploring lows again
[15:31] {bruce} we really need to get this economy going
[15:31] {Threei} and I am charged with it?
[15:31] {Threei} again?
[15:31] {bruce} why not have vad cut checks for all the nice people in this trade room?
[15:32] {bruce} hmm - good guess vadster
[15:32] {bruce} \generous of you
[15:32] {bruce} we promise to spend it
[15:32] {bruce} reality trader stimulus package
[15:33] {Threei} see bruce... you made it very easy for me when said "nice"
[15:33] {bruce} just like ben b and george b
[15:33] {dino} seems i was off, went up, then down to flat now going up
[15:33] {bruce} thats the ticket
[15:33] {bruce} be nice
[15:33] {bruce} hard to tell here dino
[15:33] {Threei} awww... sold last AAPL wentry way too soon
[15:34] {bruce} you can reqad this pulp stuff way better than rest of us - possible exception of the vadster
[15:35] {dino} lol
[15:43] {dino} dbtk stopped .82 -..24
[15:43] {judijim} we like that the Reality Trader Stimulus Package, where do we sign up? Gone for today, be back AM.
[15:43] {Threei} take care jj
[15:46] {bruce} fccn scalp long cqandidate here
[15:46] {bruce} fmcn
[15:49] {bruce} out fmcn - quick scalp +.18 2 to 1 onrisk
[15:50] {dino} gj
[15:50] {bruce} thanx dino
[15:50] {bruce} small play
[15:55] {bruce} ubb - bigmobve today dino
[15:56] {dino} guess so
[15:59] {Threei} ok guys, thank you all
[15:59] {Threei} have a good evening, see you tomorrow
[15:59] {dptl} have a good evening all:)
[16:02] {dino} thx all
[16:02] {bruce} night all
[16:13] {magoo} nite all