Feb 05 2009

Beautiful day, strong and fun. Plays are working like charm, and after a long scalping period we are finally hitting  better runs, like on JNPR today. 

        

Session Time: Thu Feb 05 00:00:00 2009

[07:40] {Threei}  Good morning insomniacs

[07:41] {Threei}  and Europians :)

[07:41] {nemo} It's almost 8:00 here.  Then again, I've been up since 5

[07:41] {nemo} GM

[07:41] {Threei}  nemo :)

[07:42] {nemo} enjoy LOST last night?

[07:42] {hawkfan4} good morning

[07:42] {Threei}  hawk :)

[07:42] {Threei}  sure did

[07:42] {nemo} That show has never grabbed me

[07:42] {nemo} Having said that, the brunette is gorgeous

[07:43] {Threei}  if I didn't know you at all, I'd reacted by crude "watch your Desperate Housewives then"... {G}

[07:43] {nemo} Don't watch that either

[07:43] {Threei}  lol, didn't think so

[07:44] {Threei}  just me being generally crude

[07:44] {nemo} I watch movies, documentaries

[07:44] {nemo} preachin' to the choir dude

[07:44] {Threei}  that brunette is an interesting story btw

[07:44] {nemo} Story-line or her real-life?

[07:44] {Threei}  Canadian, tried to make her way in acting

[07:45] {Threei}  while on vacation in, I think, Kelowna

[07:45] {Threei}  spectacular but very small place, very unlikely a place for the first step into big league

[07:46] {Threei}  got noticed practically accidentally on the stgreet by a crew member looking for actors for the LOst

[07:46] {Threei}  (EU) ECB LEAVES INTEREST RATES UNCHANGED AT 2.0%; AS EXPECTED

[07:46] {Threei}  ***Reminder: ECB Press Conference to begin after 8:30am ET

[07:47] {nemo} Classic Hollywood "seen in the drugstore" kinda' story.  Life is a bitch.

[07:47] {Threei}  pretty much

[07:49] {Threei}  all the while no one from Hollywood breaks down my door wanting to make a movie about soviet businessman fighting mafia, escpaing to the West and learning trading for a living... shrug

[07:49] {Threei}  life IS a bitch :)

[07:49] {hawkfan4} :)

[07:49] {hawkfan4} u fought the mafia?

[07:50] {Threei}  well, not "fought" in a sense of shootouts etc

[07:50] {Threei}  but got a lot of colourful stories

[07:51] {hawkfan4} i bet, u should write a book...:)

[07:51] {Threei}  my whole immigration was triggered by the events with those guys

[07:51] {nemo} Yeah...that fellow in the book your getting, they wanted to make a movie about his life...talked him out of it.

[07:52] {Threei}  TTR in its original form should have been starting with couple charters about that

[07:52] {Threei}  publisher said, too removed from trading

[07:52] {Threei}  which actually was right

[07:53] {Threei}  I still have those couple chapters, just very poorly written

[07:53] {Threei}  not by me, however ironic it is

[07:53] {Threei}  gotta correct them a bit and make available :)

[07:53] {nemo} What...not written by you?

[07:53] {hawkfan4} u should

[07:54] {Threei}  funny as it sounds nemo, those I wrote is bettter writing that what native english-speaking did, lol

[07:55] {nemo} I believe you.  Funny, my grandfather originally left Italy because he kept getting drafted to fight in wars...ended up in NY running some restaraunts...and then left NY because the mafia wanted to much of his earnings...sounds familiar...Met an Italian guy in Germany, left Italy because of the mafia for the same reason.

[07:56] {Threei}  lol

[07:56] {Threei}  tentacles everywhere

[07:56] {Threei}  ok, here it is, but be warned - even I cringe of the quality of this writing

[07:56] {Threei}  http://www.realitytrader.com/chapter1.html

[07:57] {hawkfan4} cool, thx vad

[07:58] {Threei}  )

[07:58] {nemo} huh...not bad Vad

[07:58] {Threei}  you already read it??

[07:59] {Threei}  that's serious speed-reading, lol

[07:59] {nemo} first few paragraphs.  English is remarkably good.  I do read very fast

[07:59] {Threei}  yeah, those I corrected a little

[07:59] {Threei}  it gets worse further

[08:00] {nemo} Yeah, but...considering it's a second language, it's very good.  My written German was ghastly.

[08:00] {nemo} No wonder the mafia liked you...you made concrete!

[08:01] {Threei}  lol

[08:03] {fernp} good morning

[08:05] {Threei}  fern :)_

[08:07] {magoo} morning

[08:07] {Threei}  magoo :)

[08:11] {nemo} gm magus

[08:14] {Threei}  PREVIEW: US INITIAL JOBLESS CLAIMS DATA DUE OUT AT 8:30 AM ET

[08:14] {Threei}  - Expectations for initial claims are 580K v prior release of 588K (range seen from 480K to 620K)

[08:14] {Threei}  - Continuing claims seen at 4.795M v prior 4.776M. (range seen from 4.695M to 4.860M)

[08:20] {Threei}  BALTIC DRY BULK INDEX +14%

[08:20] {Threei}  eeck'

[08:20] {nemo} yeah saw that last night

[08:21] {nemo} supposedly on China trade.  

[08:24] {cujo} good morning

[08:24] {Threei}  cujo :)

[08:25] {larisa} good morning :)

[08:25] {Threei}  larisa :)

[08:26] {nemo} larisa :)

[08:26] {cujo} morning larisa

[08:26] {nemo} dog :)

[08:26] {larisa} gm guys :)

[08:28] {Threei}  larisa... I did serious sould searching about yesterday's life-changing lessons from dino and you

[08:28] {Threei}  can do nothing about dino's since balding process is out of hand

[08:28] {Threei}  but with yours, I came to resolution

[08:28] {larisa} can NOT you mean :)

[08:29] {Threei}  can do nothing = can not

[08:29] {larisa} I need coffee

[08:29] {Threei}  let me post jobless numbers, then tell you about my resoltion

[08:30] {Threei}  NITIAL JOBLESS CLAIMS: 626K V 580KE;

[08:30] {Threei}  CONTINUING CLAIMS: 4.788M V 4.795ME

[08:30] {nemo} that'll hurt

[08:30] {Threei}  sigh

[08:30] {Threei}  OK

[08:31] {Threei}  I was always reporting my achievement and praising myself rather quickly,

[08:31] {Threei}  but you say others can praise me

[08:31] {Threei}  which makes me think now:

[08:32] {Threei}  if someone may be faster than me and praise me first, the only way I can prevent it is to praise myself BEFORE reporting the achievement

[08:32] {Threei}  so, thank you for the valuable lesson, and that's how I'll rectify the situation

06[08:32] * KSystems is listening to Mike & the Mechanics - Another cup of coffee for larisa

[08:32] {nemo} How?  Continue to praise yourself?

[08:33] {Threei}  changing the order

[08:33] {nemo} You mean, you'll wait for Mags to call you a "beauty"

[08:33] {Threei}  self-back-patting first... explanation why second

[08:33] {cujo} This sounds like the beginning to a new book, "Zen and the art of day trading"?

[08:33] {nemo} already written

[08:33] {cujo} really?

[08:33] {cujo} hmmmm

[08:33] {nemo} Tao of trading

[08:33] {cujo} ah

[08:33] {Threei}  well... ZEN in the Markets :)

[08:33] {nemo} somethin' like that

[08:34] {nemo} did you read Pirsig's sequel?

[08:34] {cujo} i knew a guy named Tao once.  He was an arse.

[08:34] {nemo} careful dog...

[08:34] {cujo} :)

[08:34] {Threei}  I liked Zen in the markets more than I did Tao of Trading

[08:35] {nemo} Yeah...Tao is thrown around too much and nobody really understands it

[08:37] {cujo} hmm, one was written by a guy names toppel, the other by a guy named koppel...

[08:37] {cujo} that is really strange

[08:40] {larisa} vad, this approach  will guide you into abyss, soon you will even stop explaining. I know, i am there :) 

[08:40] {larisa} morning KS :)

[08:40] {Threei}  all the better larisa... less typing for me :)

[08:41] {Onix} Good morning

[08:41] {Threei}  and, since you are already in that abyss... there is enough of beer supply?

[08:41] {Threei}  onix :)

[08:41] {cujo} guten morgen KS

[08:41] {larisa} gm Onix

[08:41] {nemo} Wie geht's Jung?

[08:42] {larisa} abyss of milkshakes here

[08:42] {Threei}  hmmm

[08:42] {Threei}  bacon?

[08:42] {nemo} Ever had a frappe, Larisa?

[08:44] {larisa}  sure, actually this is what i call milkshake. i love icecream :)

[08:44] {KSystems} moin cujo, nemo ;)

[08:44] {nemo} Volksprache K?

[08:45] {KSystems} jo

[08:45] {nemo} na ja nur Boiyrisch hier

[08:45] {KSystems} eigentlich slang in norddeutschland, aber im chat wirds in ganz deutschland benutzt weils so schn kurz ist ;)

[08:46] {KSystems} omg...dont scare me away with bavarian :)

[08:47] {nemo} ich komm mit

[08:47] {Threei}  Boiyrisch hier {--- very duboius for russian ear...

[08:47] {nemo} Why dubious?

[08:48] {Threei}  sounds solidly out of what you'd say with Queen or kids around

[08:49] {nemo} just the name of the Bavarian dialect

[08:50] {nemo} Spoken around Munich up to Frankfurt and east into Austria

[08:51] {nemo} Hey K, ever have Andechser Bier?  Ganz Toll!

[08:51] {KSystems} its not merely a dialect, its  a redefinition of insanity

[08:51] {KSystems} andechser? no not yet

[08:51] {nemo} Lech mich

[08:51] {KSystems} I used to brew my own though

[08:51] {KSystems} lol

[08:51] {cujo} brewing beer?  sounds fun.  Expensive to do?

[08:51] {nemo} funny that's what every region says about the other's dialect

[08:51] {nemo} Love the Schwarzwalder accent

[08:52] {KSystems} depending on the equipment cujo...in small amounts you pay about twice what you'd pay for mid-priced beer from the shop

[08:52] {KSystems} plus the time

[08:52] {nemo} Yeah, and with just a little competence, you can make great home made beer.  Fresh just can't be beat.

[08:53] {KSystems} AND you can set the amount of alcohol individually for every single bottle

[08:53] {KSystems} very cool when you want to compete with friends........

[08:53] {KSystems} you just have to remember where you put what bottle

[08:53] {nemo} Yeah..I favor stark bier :)  Stark Bier Fest in Munich...very painful

[08:54] {cujo} Cool.

[08:54] {KSystems} in my experiments i once threw Port Wine yeast into the brew....that shot it up to 18% alc but tasted rather.....

[08:54] {KSystems} individual

[08:55] {nemo} Better after 7 or 8 shots of vodka, sounds like

[08:55] {KSystems} absolutely

[08:56] {nemo} After having both moonshine and that Polish potato juice-Spiritus  everything else tastes like manna

[08:57] {Threei}  DRYS resurrects again

[08:57] {nemo} 15% increase in the Baltic Index will do that to you

[09:01] {dino} gm all

[09:01] {KSystems} Vad, do you know what gold future is most actively traded?

[09:01] {KSystems} morning dino

[09:01] {KSystems} or anyone else?

[09:01] {dino} :)

[09:01] {nemo} gld

[09:02] {KSystems} thats hong kong nemo, u shure?

[09:02] {KSystems} I'm looking at ZG April, but that has just about 2K trades for yesterday

[09:02] {dino} out wmt leftovers .45, +.55

[09:02] {nemo} GLD is an etf that's trae 1.1 mil this morning

[09:02] {nemo} traded

[09:03] {cujo} last 3 times USO has hit 28, has bounced right off.

[09:05] {dino} dltr, cnqr

[09:05] {Threei}  dino :)

[09:05] {Threei}  sorry KS, I don't

[09:05] {tomg} KS, ZG is 100 oz. gold futures, most traded

[09:06] {tomg} good morning all :)

[09:06] {Threei}  tom :)

[09:06] {Threei}  today should be interesting and indicative... if NASDAQ can recover and go green after dismall CSCO conf call, that should clear path for the 'ally

[09:07] {KSystems} thanks tom..GC is pit, ZG elec?

[09:07] {nemo} spoiling it already vad...

[09:07] {Threei}  job numbers didn't cause more drop either

[09:08] {tomg} ZG globex, GC Comex Gold

[09:08] {dino} what am i missing on dltr?

[09:09] {KSystems} any important difference between the two?

[09:09] {tomg} only traded ZG, so don't know, but you should probably look at March

[09:09] {KSystems} cool, thank you

[09:09] {Threei}  guided higher dino... SSS is positive too...

[09:09] {tomg} welcome

[09:10] {Threei}  is there conference call they hold?

[09:10] {dino} -3.00 and guide higher?

[09:10] {Threei}  yeah

[09:10] {dino} alrighty then

[09:10] {Threei}  02/05/09 08:41am

[09:10] {Threei}  [DLTR] Dollar Tree Stores Inc Reports Q4 Revenues $1.39B v $1.42Be, SSS +2.2%

[09:10] {Threei}  - Guides Q4 EPS "above" $1.07-1.15 v $1.14e

[09:10] {Threei}  - Gudies FY08 EPS "above" $2.45-2.53 v 2.52e

[09:12] {Threei}  I assume they closed some stores?

[09:12] {dino} thx, i'll be watching it

[09:12] {Threei}  otyherwise how could revenues be down while SSS is up

[09:13] {Threei}  actually, range of guidance is questionable... headline is a little misleading

[09:15] {dino} don't waste time on it 3i, the tape will tell me

[09:15] {dino} ty tho

[09:15] {nemo} whoa...man bites dog

[09:16] {cosmo} dog musta deverved it

[09:16] {cosmo} deserved

[09:16] {nemo} yeah, but it's his ball, bat and field

[09:16] {cosmo} the dog's?

[09:17] {nemo} Vad's

[09:17] {Threei}  drinking early I see?

[09:17] {nemo} who?

[09:18] {nemo} actually it could be considered late if you never stopped :)

[09:26] {Threei}  keeping half eye on OCNF

[09:26] {nemo} you got three, don't be stingy

[09:26] {hawkfan4} that only leaves you with 2 1/2

[09:27] {Threei}  one of more volatile shippers

[09:27] {Threei}  nice bids, not sure how real they are

[09:28] {Threei}  (EU) TRICHET NOW SAYS HE GAVE NO INDICATION ON SIZE OF POSSIBLE RATE CUT IN MARCH

[09:28] {Threei}  - Earlier Trichet appeared to indicate a 50bps cut to the refi rate was likely

[09:30] {Threei}  wow

[09:30] {Threei}  what's with offers on PALM

[09:31] {nemo} swing trader's regret

[09:31] {Threei}  if they get cleared, I buy it all

[09:32] {nemo} sellers ain't bitin'

[09:33] {Threei}  CSCO actually not bad recovery

[09:34] {Threei}  watching pullback

[09:35] {Threei}  two possible entries, .40 zone or .50

[09:35] {nemo} csco

[09:36] {magoo} look RIMM vasd

[09:36] {Threei}  .40 would be double bottom, .50 higher low... hard to tell which one materializes

[09:36] {Threei}  RIMM is bounce-ready

[09:36] {Threei}  55 break

[09:37] {magoo} in 98

[09:40] {patience} gm RT  :)

[09:40] {Threei}  patience :)

[09:41] {Threei}  PALM ate through .90

[09:41] {Threei}  I am impressed

[09:41] {pita} gm all

[09:41] {Threei}  pita :)

[09:42] {Threei}  RIMM half out or scalp above .20

[09:43] {Threei}  stop to .95

[09:43] {dino} dltr gap fill from nov.?

[09:44] {Threei}  scary thing

[09:44] {_wulff} +.32 ty

[09:44] {dino} gj

[09:44] {cujo} nice trade

[09:44] {dino} waiting sm .76

[09:44] {Threei}  wulff :)

[09:45] {Threei}  out in full RIMM .39

[09:45] {magoo} me too boss TY

[09:45] {hawkfan4} nice one, thx

[09:45] {Threei}  welcome guys

[09:45] {Threei}  keeping an eye on AKAM

[09:46] {Threei}  want pullback

[09:46] {Threei}  lol... remember my musings about .50 or .40 on CSCO? it elected .45

[09:47] {Threei}  AKAM, if we get so lucky to see pullback to under 16

[09:48] {dino} sm, risky, l dltr .60

[09:48] {Threei}  half lot entry

[09:48] {cujo} rimm coming back a little as well

[09:49] {Threei}  in

[09:49] {Threei}  stop under .80

[09:50] {Threei}  half out 16..12

[09:50] {Threei}  scalpers take profit

[09:50] {_wulff} +.20

[09:50] {Threei}  stop to under .90

[09:50] {cujo} out +.20

[09:51] {tomg} ty vad

[09:51] {cujo} 2 great calls Vad

[09:51] {Threei}  good reflexes guys

[09:51] {_vinthombre} out +.20

[09:51] {nemo} 3

[09:51] {_wulff} nice call

[09:51] {buyemsellem} very nice call

[09:51] {Threei}  market sharp drop

[09:52] {Threei}  AKAM is holding so far

[09:52] {dino} out dltr .00, +.409

[09:52] {dino} .40

[09:52] {Threei}  if can keep this level and clear high of the bounce, my second half will be justified

[09:52] {Threei}  if not, scalpers win

[09:53] {Threei}  nice one dino

[09:53] {Threei}  gutsy too

[09:53] {dino} lucky

[09:53] {nemo} dino, think dltr about to make another leg up

[09:53] {Threei}  and probably took 8-ball from your daughter back

[09:54] {cosmo} JNPR tests 14.90

[09:54] {cosmo} hod

[09:54] {dino} feels it, but mkt not helping

[09:55] {Threei}  scalpers win on AKAM

[09:55] {Threei}  JNPR... daily looks explosive

[09:56] {Threei}  14.95 high yesterday

[09:56] {Threei}  knocking on cosmo's 14.90

[09:56] {Threei}  if clears this 14.90 - 15 area, and market helps... looks like serious mover in the making

[09:57] {_wulff} anything look good for Daytrade? Sm l

[09:57] {Threei}  wulff... trust me, when I see them I call them, not hiding :)

[09:57] {magoo} mkts down 100

[09:57] {dino} dltr waiting 34.75

[09:57] {Threei}  look at BAC mags

[09:57] {dino} t waiting 24.20

[09:58] {dino} vz 29.70

[09:58] {Threei}  financials getting killed again

[09:58] {magoo} wow

[09:58] {Threei}  and drag listeds with them

[09:58] {magoo} faz vad

[09:58] {magoo} 10 points higher than yesterday

[09:58] {Threei}  NASDAQ's relative strength is different sectors representation

[09:58] {dino} ge new low 10s

[09:59] {Threei}  that's BAC;s effect...

[09:59] {dino} c and bac 3s

[09:59] {Threei}  and GE of course

[09:59] {Threei}  JNPR

[09:59] {Threei}  .95 break is long by charts

[09:59] {Threei}  hopefully market recovers to help the play

[10:00] {Threei}  .80 is closest support

[10:00] {Threei}  DEC FACTORY ORDERS: -3.9% V -3.1%E

[10:00] {Threei}  - prior revised from -4.6% to -6.5%

[10:00] {dino} lower all bids

[10:00] {dino} check that t and vz remain

[10:01] {dino} gun to the head on dltr

[10:02] {nemo} if market turns dino

[10:02] {hawkfan4} GS strong if market turns

[10:02] {nemo} oops someboy screwed up on FAS

[10:02] {dino} understood nemo

[10:03] {dino} thats the bet

[10:03] {dino} sitting .35

[10:03] {dino} missed by 1 cent

[10:04] {cosmo} jnpr ready  ... i think

[10:05] {dino} sm risky l dltr .40

[10:06] {nemo} there ya' go dino

[10:07] {nemo} bummer...shoulda' shut up

[10:07] {dino} benatar on "hell is for (traders)

[10:07] {dino} out dltr .80, +.40

[10:07] {nemo} cool

[10:08] {dino} lucky

[10:09] {nemo} dcc dino

[10:09] {magoo} don't do it dino lol

[10:09] {nemo} magus man...be nice

[10:09] {Threei}  poor DRYS

[10:09] {magoo} against my nature

[10:09] {Threei}  and that's with BDI up 14%

[10:10] {magoo} w/baltic up 14 straight..wheres drys go when it pullsbk

[10:10] {magoo} soorry vad..we keep thinking alike

[10:10] {dino} to zero

[10:11] {magoo} can stocks go to like negative 3.05 }??

[10:12] {Threei}  AMZN pullback

[10:12] {Threei}  JNPR 1:1, half out

[10:12] {Threei}  or scalp

[10:13] {Threei}  ugh

[10:13] {dino} cat holding up

[10:13] {Threei}  missed AMZN .50... looked like had another 15-20 cents drop in it

[10:14] {magoo} l rimm .50

[10:14] {Threei}  market spiked suddenly

[10:14] {Threei}  WHITE HOUSE OFFICIAL: PRESIDENT OBAMA TO REQUIRE NEW ENERGY EFFICIENCY STANDARDS AMONG VARIETY OF APPLIANCES

[10:14] {dino} t sm l .49, stop .13

[10:14] {dino} oh gee wiz

[10:14] {Threei}  US SENATOR DODD: TARP DIRECTION REQUIRES A 'SHARP CHANGE'

[10:15] {dino} afam amed green

[10:15] {dino} wynn bottomed(?)

[10:15] {Threei}  JNPR approaches 1:2

[10:15] {dino} dodd; more like sharp knife

[10:15] {Threei}  lol

[10:15] {Threei}  so, do we get solar-powered toaster?

[10:16] {Threei}  1:2 JNPR, 1/4 more out

[10:17] {dino} yes, sort of like "sun" tea

[10:17] {magoo} with mkt help..thinkin RIMM 56 area

[10:18] {Threei}  stop to under 15.10 on JNPR

[10:18] {magoo} AAPL the stronger today..opposite yester

[10:18] {Threei}  offering last portion .35

[10:18] {Threei}  direct hit

[10:18] {Threei}  +.40

[10:19] {cujo} nice

[10:19] {magoo} .24 stiop rimm

[10:19] {Threei}  for once, scalpers don't win

[10:20] {Threei}  that's 3:3... can I go home?

[10:20] {hawkfan4} awesome call vad

[10:20] {Threei}  cosmo's find...

[10:20] {nemo} NO

[10:20] {hawkfan4} thx cos, sweet

[10:20] {cosmo} :)

[10:21] {cosmo} not done...

[10:21] {Threei}  NQ flat

[10:21] {Threei}  green

[10:21] {Threei}  if that's not impressive

[10:22] {cosmo} done

[10:23] {elepet} good morning

[10:23] {Threei}  elepet :)

06[10:24] * magoo slaps elepet around a bit with a large alarm clock so u make the easy money with us

[10:24] {Threei}  lol

[10:24] {elepet} I actually slept late this morning. first time

[10:25] {Threei}  missed three wins as result...

[10:25] {magoo} rimm tagged .64 twice...over 1:1 but weak

[10:25] {Threei}  I am not helping, am I

[10:25] {Threei}  RIMM, if market spikes again

[10:26] {Threei}  .45 long if stays above .30

[10:26] {Threei}  market looks spike-ready

[10:27] {Threei}  that was very short-lived spike, lol

[10:27] {Threei}  no worky RIMM

[10:28] {Threei}  JNPR sizeable pullback

[10:28] {nemo} jnpr

[10:31] {magoo} mkts down 106

[10:34] {Threei}  PALM baby

[10:34] {Threei}  held beautifully during down market

[10:34] {Threei}  gnawed through all those offers

[10:35] {Threei}  doesn't look scared by this big one at 8.10

[10:35] {Threei}  I am proud of its bravery

[10:35] {hawkfan4} me too :)

[10:35] {Threei}  now... go to 9 and make me happy

06[10:36] * Threei reinforces his priase with swift kick in PALM's rear

[10:36] {cujo} if it gets through the .10 do you think it is a long set up?

[10:36] {hawkfan4} grabbed another .13 on jnpr pullback, thx

[10:36] {Threei}  :)

[10:36] {dino} 3i getting attached to palm

[10:37] {cujo} ha ha.  no pun intended...?

[10:37] {nemo} yeah

[10:37] {Threei}  see... kind word and a gun is better than kind word alone

[10:37] {Threei}  cujo... not on intraday

[10:37] {nemo} the Corleone approach

[10:37] {Threei}  and on daily, actual setup is 8.30 8.40 breakout

[10:37] {cujo} got it. 

[10:37] {Threei}  which I was not too delighted about

[10:37] {hawkfan4} GS lloks explosive off 90, super risky animal

[10:38] {Threei}  too far from where we had it yesterday, while its behavior started confirming high odds of breakout coming

[10:38] {Threei}  so I wanted aggressive entry

[10:39] {Threei}  odds are less but stop is smaller and potential is bigger

[10:39] {Threei}  understanding this tradeoff gives you key to the trade

[10:40] {Threei}  http://www.realitytrader.com/blog/2007/07/how-aggressive-are-you.html

[10:42] {magoo} u in hawk?

[10:42] {hawkfan4} yep, 89.58 avg

[10:43] {Threei}  generous

[10:43] {magoo} yea..id rather nail a pullbk

[10:43] {Threei}  from 1999 or what?

[10:43] {hawkfan4} GS

[10:43] {cujo} grat call on that GS Hawk

[10:44] {hawkfan4} thx cujo :)

[10:44] {Threei}  larisa... may I finally say 'ally?

[10:44] {magoo} news bidu vad?weird down

[10:45] {Threei}  yesterday Piper Jaffray

[10:45] {Threei}  said expects lower earnings

[10:45] {Threei}  that's all I see

[10:46] {larisa} vad, i gave up, say whatever you want :)

[10:46] {Threei}  thank you

[10:46] {magoo} 38 down...professor of obvious

[10:46] {Threei}  RRRRRRRalllyyyy

[10:46] {Threei}  alright PALM

[10:46] {Threei}  now .40

[10:46] {elepet} PALM. I

[10:46] {Threei}  and off to races

[10:46] {magoo} am i chasing PALM

[10:47] {Threei}  sheesh

[10:47] {magoo} not if goes 9

[10:47] {elepet} 've been buying and selling a small profits. time to hold for awhile?

[10:47] {Threei}  it's 50 cents up from our entry

[10:47] {Threei}  some yes elepet

[10:47] {dino} gl elepet, holding has been the kiss of death for 6 months now

[10:47] {elepet} Palm? first part of above sentance. coffee time

[10:48] {Threei}  yes, talking about PALM

[10:49] {Threei}  hawk

[10:49] {magoo} well then..riddle me this joker,..wheres the reload PALM?

[10:49] {Threei}  maybe half out and add it back on pullback?

[10:49] {magoo} .09?

[10:49] {hawkfan4} 1/2 out +2.03, thx vad, good idea

[10:49] {Threei}  it usually gives harder pullbacks than that mags

[10:50] {Threei}  I'd say 8 or under

[10:50] {dino} gj hawk

[10:50] {hawkfan4} thx dino

[10:50] {Threei}  but be ready for a swing

[10:50] {magoo} u can tell its a RAAAAAAAALLLLLLLLLLYYYYYYYY...dino rocking office out LOUD

[10:50] {Threei}  lol

[10:53] {dino} dltr pullback

[10:57] {Threei}  all markets are green

[10:57] {dino} better than cnbc talk magoo

[10:57] {pita} KS, dcc please

[10:57] {Threei}  lordy, even FAS is green

[10:58] {Threei}  JNPR, I am crying

[10:58] {magoo} me too

[10:58] {Threei}  that's OK... can't switch from pure scalpig mode to longer holds in one day

[10:59] {Threei}  we will have much more of this

[10:59] {hawkfan4} GS 1/5 high of 92.87 resistance, out full +3.08 rest

[10:59] {dino} t stop to .99

[10:59] {Threei}  hawk stopped counting in cents

[10:59] {Threei}  between PALM and GS, dollars only

[10:59] {hawkfan4} that was awesome, added 1/2 lot back at 92 ;)

[11:00] {Threei}  modification of umbrella

[11:00] {hawkfan4} lol, yep

[11:01] {Threei}  when market switches to full blown bull mode, we will make more of umbrella trades

[11:02] {magoo} yeah..until this morn i couldn't get more than a dime

[11:02] {dino} itt sm l .00

[11:02] {magoo} then rinse-a-roo

[11:02] {Threei}  you just picked wrong corner mags

[11:03] {magoo} corner"

[11:03] {dino} bear markets we wait magoo

[11:04] {dino} beer markets, we party

[11:04] {Threei}  HEARING EQUITY MARKET STRENGTH BEING ATTRIBUTED TO RUMORS OF POSSIBLE EASING OR SUSPENSION OF MARK TO MARKET ACCOUNTING RULES

[11:04] {dino} shocking.

[11:04] {dino} i've been saying this since sept

[11:05] {dino} 80% of mortgages are not going to default, but mtom has it happening

[11:09] {dino} to to .09

[11:10] {dino} stopped t .09, +.60

[11:14] {nemo} my LII quotes are screwed

[11:14] {hawkfan4} esignal's lagging bad 

[11:14] {nemo} rimm

[11:15] {Threei}  click Quotes- switch quoteserver

[11:15] {nemo} fas

[11:15] {nemo} everything

[11:15] {nemo} ty

[11:15] {Threei}  pick other server, it will reload quotes

[11:18] {Threei}  oh boy

[11:18] {Threei}  TARP WATCHDOG PANEL CHAIRWOMAN REPORTEDLY SAYS THE US TREASURY OVERPAID BY $78B ON THE FIRST SET OF TARP TRANSACTIONS

[11:19] {Threei}  not only they have no idea where the money went, they don't even know how much they paid

[11:19] {nemo} Well..we knew that...GS gave Buffet a much better deal than the gov't...thanks Paulson

[11:19] {magoo} if u dont have anything nice to say about TARP/economy..just dont say anything

[11:19] {Threei}  lol

[11:28] {dino} tell the politicians magoo

[11:28] {dino} sm l dltr .25

[11:29] {magoo} not much of a pullback..hard to find entries

[11:34] {magoo} VAD...what u in?

[11:34] {Threei}  nothing

[11:35] {Threei}  IMMU

[11:35] {Threei}  RECEIVES FAST TRACK DESIGNATION FROM FDA FOR THERAPY OF PANCREATIC CANCER

[11:36] {Threei}  GERN... another wave of enthusiasm

[11:36] {Threei}  STEM CELL STOCKS MOVE HIGHER ONCE AGAIN, STRENGHT BEING ATTRIBUTED TO SPECULATION A BILL IS WORKING ITS WAY TOWARDS HOUSE THAT INCREASED FUNDING FOR RESEARCH

[11:41] {magoo} HAWK..wheres strong support on GS?

[11:42] {Threei}  Deepak Chopra gives advice on war on terror

[11:42] {dino} at 48 magoo, 52 week low

[11:42] {magoo} ok ty

[11:43] {nemo} Figures...he lives in Massachusetts

[11:43] {dino} who is that, some rock star?

[11:43] {hawkfan4} 93ish

[11:43] {nemo} New Age guru

[11:43] {hawkfan4} i'll be watching it if it pops under 93 and holds

[11:44] {dino} my advice, burn them all and bury in pig skins

[11:44] {Threei}  speaking with respect and giving room for forgiveness is his weapon of choice

[11:44] {nemo} he's indian 

[11:48] {dino} out dltr .69, +.44

[11:48] {dino} .49

[11:49] {dino} opps, +.44 i mean

[11:49] {hawkfan4} nice

[11:49] {dino} ty

[11:50] {larisa} $ transfer from DLTR investors to dino's port :)

[11:50] {hawkfan4} GERN new high

[11:50] {dino} that way i can go buy lots of $ items tonight

[11:55] {cujo} Vad any read on RIMM here?

[11:56] {Threei}  not really... kind of in the middle of everything

[11:56] {dino} out itt .47, +.47

[11:56] {Threei}  56.50 break would be a trigger - with market continuation of course

[11:56] {cujo} y

[11:56] {cujo} target around 57.70?

[11:57] {Threei}  no idea

[11:57] {Threei}  I don't know how you can arrive at this kind of targets

[11:57] {Threei}  RIMM is market-driven

[11:57] {Threei}  you don't really read it on its own in such broad ranges

[11:57] {cujo} got it

[11:58] {dino} taking break 5/5

[11:58] {nemo} fas going through C&H?

[11:59] {Threei}  kind of, yeah

[11:59] {nemo} or is FAZ double bottoming?

[11:59] {Threei}  RIMM triggered

[11:59] {cujo} y

[12:01] {Threei}  30 cents in a few minutes

[12:01] {cujo} really a nice move

[12:01] {cujo} thanks for verification on that one... :)

[12:01] {Threei}  sure thing

[12:02] {Threei}  US SENATE MODERATES HAVE REPORTEDLY AGREED TO A STIMULUS PACKAGE NEAR SIZE INDICATED BY PRESIDENT OBAMA

[12:02] {dawg} PALM is a dog

[12:03] {Threei}  {PALM} me dog?? look who is talkeng!

[12:03] {dawg} LOL

[12:03] {Threei}  :)

[12:05] {Threei}  50 cents RIMM

[12:06] {cujo} thing is movin!

[12:07] {Threei}  DJI +100

[12:08] {Threei}  truly impressive recovery

[12:08] {magoo} HEY..thats my job today

[12:08] {magoo} up 110

[12:08] {Threei}  volume is not a slouch either

[12:11] {dino} resistance at 8111

[12:11] {dino} 8162

[12:11] {pita} keep up the good work guys, gotta go for now...

[12:11] {nemo} Tht news about mtom must be behind this financial moon shot

[12:11] {Threei}  take care pita

[12:11] {magoo} TY vad

[12:11] {dino} 851 s/p

[12:12] {Threei}  welcome mags... for what btw?

[12:12] {Threei}  not that it's very important

[12:12] {Threei}  prez on tv

[12:12] {magoo} im thanking u in advance of your advanced personnal compliment which is forthecoming

[12:13] {Threei}  wow

[12:13] {Threei}  that's deep

[12:14] {Threei}  US PRESIDENT OBAMA: NON FARM PAYROLLS DUE TOMMOROW WILL BE 'DISMAL'

[12:14] {Threei}  540Ke

[12:15] {magoo} boy he is smart

[12:15] {magoo} i wish he'd announce a senate and house salary ceiling of 55k

[12:18] {magoo} not to bragg here {cant believe it myself} but i scalped AAPL and was waiting .67

[12:18] {magoo} look at high

[12:18] {magoo} .6798

[12:19] {larisa} looks like bragging to me :)

[12:19] {cujo} nice

[12:19] {magoo} that was always are problem larisa ::)

[12:19] {larisa} lol

[12:21] {dino} you're right, he's bragging

[12:23] {Threei}  we are switching into retreat mode, IMO

[12:25] {dino} chilli dogs

[12:26] {dptl} good morning all

[12:26] {Threei}  wow

[12:27] {Threei}  hi dp :)

[12:27] {dptl} :)

[12:28] {magoo} dp:)

[12:30] {cujo} HAWK, GS at 93, what you think?

[12:31] {hawkfan4} not sure, market feels lower, i'm staying away for right now.  Stop would have to be under 92.70, so maybe if it gets closer

[12:35] {cujo} thanks Hawk

[12:35] {magoo} just be careful here...traders are used to bailing quick

[12:38] {hawkfan4} np :)

[12:40] {Threei}  SEN MAJORITY LEADER REID: HOPE TO HAVE VOTE ON STIMULUS PACKAGE ON THURSDAY, BELIEVE THERE ARE ENOUGH VOTES TO PASS THE BILL

[12:41] {magoo} so it begins vad lol

[12:41] {Threei}  yup

[12:44] {magoo} u dance with GS hawk like red and scarlett at the southern ball

[12:44] {Threei}  got my half PALM back at 8.07

[12:45] {hawkfan4} lol mags

[12:47] {dino} sm dltr l .49

[12:49] {hawkfan4} STT strong

[12:49] {dawg} picked up some more PALM at 8.08

[12:50] {Threei}  pullback into .50-.60 area on STT will be interesting

[12:51] {magoo} ok vad ..dont screw me up today he he...im 10 for 10

[12:51] {Threei}  - Reid says he believes they can find two Republicans to vote with Democrats, overcoming a potential filibuster

[12:51] {Threei}  so go home

[12:52] {magoo} cant

[12:52] {magoo} been a rough new yr..need ching 

[12:52] {magoo} so u better keep it up 

[12:52] {Threei}  market has no idea bout what you need

[12:53] {magoo} but u do lol

[12:54] {dino} probabilities magoo, play probabilities

[12:54] {Threei}  yeah... at 10:10, which side do you think your odds are leaning now?

[12:54] {magoo} ive been sitting here flipping a quarter...its come up heads 10 for 10

[12:56] {dino} go flip some burgers

[12:57] {hawkfan4} STT says "what pullback" and points and laughs at me

[12:57] {Threei}  yeah

[12:58] {larisa} dino, whisper to me EOD numbers, do we have new patterns yet ? :)  

[12:59] {dino} no idea, but will be surprised if we close at highs, employment numbers tomorrow 8:30 am, will not be good

[13:00] {dino} most likely sell-off starts around 1:45, that has been pattern

[13:00] {larisa} all because somebody  said {r} word

[13:01] {magoo} mkt is a forward looking mechanism...everyone expects number to stink

[13:02] {magoo} nonissue imo

[13:02] {dino} mcd, if takes out hod, may work, needs mkt help

[13:03] {dino} we'll see

[13:07] {Threei}  {larisa} all because somebody said {r} word {--- I disagree...

[13:07] {Threei}  we got our 'ally, then I alerted about retreat starting

[13:07] {Threei}  right at the top

[13:09] {Threei}  US SENATOR DODD: FORECLOSURE MITIGATION PLANS HAVE GAINED TRACTION IN THE US TREASURY

[13:09] {Threei}  {XHB}

[13:10] {Threei}  HIG

[13:10] {Threei}  forming break at 16

[13:13] {magoo} just gave STT your phone number vad...quite rude to me..i hung up

[13:13] {Threei}  I think it tried to conference-call us both

[13:14] {Threei}  wow, big drop

[13:15] {Threei}  news

[13:15] {Threei}  STT

[13:15] {Threei}  CEO: GUIDES 2009 ROE AT LOW END OF 14-17% RANGE

[13:15] {Threei}  EARNINGS MAY FALL 12-13%

[13:16] {dino} short?

[13:16] {Threei}  not very clear...

[13:16] {dino} s .25 sm risky

[13:21] {dino} bstop is .51

[13:23] {dino} seems i was early

[13:23] {dino} [13:00] {dino} most likely sell-off starts around 1:45, that has been pattern

[13:24] {larisa} :)

[13:24] {nemo} What are you so happy about Larisa?

[13:25] {larisa} I like dino

[13:25] {nemo} Ohhhhhhhhh

[13:25] {larisa} do you need a reason to be happy ?

[13:26] {Threei}  yes but not very big... usually pound of bacon will do

[13:27] {dino} (blushing)

[13:28] {Threei}  aimless wandering in the market

[13:28] {dino} wandering down

[13:28] {Threei}  GM TO REPORTEDLY TRIM HEADCOUNT BY 600 AT A MEXICAN PLANT

[13:28] {Threei}  is it euphemism for cut the jobs?

[13:29] {dino} stt bstop to .01

[13:29] {cujo} no, free haircuts for workers

[13:29] {Threei}  'cause to me "trim headcount" sounds more like barber's miskae

[13:29] {Threei}  cutting a bit too low

[13:29] {Threei}  particularly at the neck level

[13:29] {dino} stoped/co .01, +.24

[13:29] {magoo} 600 mexican gm workers aprehended crossing border illegally{AP}

[13:30] {Threei}  lol

[13:30] {nemo} well...as long as you're the one administering the haircut

[13:30] {cujo} all driving hummers

[13:30] {nemo} with a funny smell and white powder wafting from the back

[13:30] {cujo} :)

[13:30] {magoo} border patroll notes all were "well groomed"

[13:31] {cujo} ha ha ha

[13:31] {Threei}  pink elephants observed flying over the roof of the custom building

[13:31] {magoo} now..if IF mkts were to resume strong upward thrust...GS would be a beauty

[13:32] {dino} ge cutting 8 cnbc anchors

[13:32] {dino} the 8 on right now

[13:32] {Threei}  cutting or trimming?

[13:33] {dino} firing

[13:33] {Threei}  maybe bald is in again (in hopeful voice)?

[13:33] {nemo} so a disgusting picture of Maria Bartiromo the other day.  She could use some trimming

[13:33] {dino} gray 3i

[13:33] {Threei}  got that in beard

[13:33] {dino} ohhhh mannnnnnnnn

[13:34] {Threei}  now get bald back in fashion and I got it all covered

[13:34] {nemo} or not covered, as the case may be

[13:34] {dino} not receeding, just going gray

[13:34] {dino} mend blood

[13:34] {nemo} I'm doing both, so I'm letting it grow

[13:34] {magoo} [13:33] {nemo} so a disgusting picture of Maria Bartiromo the other day.  She could use some trimming

[13:34] {magoo} WHAT THE??

[13:35] {nemo} Yeah, notice how they almost never show her below the shoulders anymore

[13:35] {magoo} dino cranking talking heads now

[13:35] {magoo} this aint no party..this aint no disco

[13:35] {dino} life during wartime

[13:35] {Threei}  HIG getting hit

[13:36] {Threei}  STT too

[13:36] {Threei}  good short dino

[13:36] {Threei}  MOODY'S: US GOVT FINANCIAL POSITION EXPECTED TO WORSEN CONSIDERABLY OVER THE NEXT TWO YEARS

[13:36] {Threei}  -Cties actions on financial sector{

[13:36] {dino} ty

[13:36] {nemo} masters of the obvious

[13:37] {dino} and the get the big bucks

[13:37] {Threei}  Moody... wake up... that headline would be timely in the summer of 2007

[13:40] {dino} fdo

[13:41] {larisa} Maria is only 5'5", hard to stay skinny

[13:42] {nemo} Nah...not buyin' it

[13:42] {dino} athn

[13:43] {magoo} all the other girls manage he he {exception of sue herrarra}

[13:44] {Threei}  FED'S BULLARD: US IN A 'SHARP' RECESSION AT THE MOMENT, US GROWTH WILL BE NEGATIVE THROUGH Q209, Q1 WEAK, Q408 GDP COULD BE REVISED LOWER

[13:44] {Threei}  sigh

[13:44] {dino} athn tempting

[13:44] {dino} lol

[13:45] {Threei}  didn't expect HIG to bounce so strongly

[13:47] {dino} eqix spike

[13:51] {Threei}  HIG, fast selling under .60 for entry with stop under .50

[13:52] {nemo} little to quick for me

[13:52] {nemo} too

[13:52] {cujo} ditto

[13:53] {cujo} fast finger Vad

[13:53] {cujo} :)

[13:53] {nemo} I was reading Vad...

[13:54] {nemo} quotes keep getting screwed up today

[13:56] {magoo} u laser nemo?

[13:56] {Threei}  FED'S STERN: LOW INTEREST RATES PROVIDE FOR CHANCE OF RECOVERY, ECONOMY TO BE WEAK THROUGHJUNE

[13:56] {nemo} yes

[13:56] {Threei}  june?

[13:56] {Threei}  so in july we are fine

[13:56] {magoo} m,ine a lil clunky today too

[13:56] {Threei}  here comes HIG

[13:57] {Threei}  .52 in

[13:58] {Threei}  stopped

[13:58] {Threei}  ugh... shake

[13:59] {larisa} lower highs on bounces not important ? was wondering. you looking at 5 min for setup ?

[13:59] {Threei}  just briefly oversold for a bounce

[13:59] {nemo} where's Laserdave when you need him...

06[14:00] * Threei slaps laserdave around a bit with a large trout

[14:01] {dino} sleeping on the couch

[14:01] {Threei}  lol, here is my scalp on HIG

[14:01] {nemo} you mean after stop

[14:02] {Threei}  correction:

[14:02] {Threei}  lol, here is my would-be scalp on HIG

[14:02] {larisa} lol

[14:02] {nemo} Yeah...I was gonna' say, discipline slippin' a bit.

[14:03] {nemo} and, you'd have scalper's regret to boot

[14:03] {nemo} life just isn't fair.

[14:03] {Threei}  thank goodness

[14:04] {Threei}  unfair is what makes world function

[14:04] {nemo} Yeah, I got stuck being good looking and a genius IQ...right

[14:04] {dino} my problem is chic's...they dig me

[14:05] {nemo} yeah, you seem to have Larisa's number

[14:05] {larisa} of course

[14:05] {dino} :)

[14:05] {dino} actually   ;-)

[14:06] {Threei}  who gave HIG my number?

[14:06] {Threei}  PRESIDENT OBAMA SETS NEWS CONFERENCE FOR 8PMET MONDAY

[14:06] {Threei}  - no topic has been announced yet

[14:07] {dino} is there any day he is not on tv?

[14:07] {nemo} triple top or break on FAS

[14:09] {cujo} serious selling in palm

06[14:10] * magoo slaps laserdave around a bit with a large trout

06[14:10] * nemo slaps dino around a bit with a large trout

[14:10] {magoo} vad..start reading RIMM please

[14:10] {Threei}  FMCN

[14:10] {Threei}  HEARING TAKEOVER CHATTER CIRCULATING

[14:10] {nemo} sucks though...all I have is the trout

06[14:10] * dino slaps nemo around a bit with a large trout

[14:11] {nemo} It's tough to pick on my cousins

06[14:11] * magoo slaps nemo around a bit with a large grinn as i can take advantage of nemos trout specific weaknesses

[14:11] {nemo} That's it...dueling '06s at 1000 yards!

06[14:12] * magoo slaps nemo around a bit with a large large snowball into nemos forehead

[14:12] {magoo} HAWK..GS rread please

[14:12] {nemo} ow

[14:13] {Threei}  jeez mags

[14:13] {Threei}  relax... market is doing nothing

[14:13] {Threei}  why so anxious

[14:13] {magoo} i just got back into office

[14:13] {magoo} u didnt miss me?

[14:13] {dino} adhd magoo?

[14:13] {Threei}  I did but I'll aim better next time

[14:13] {hawkfan4} 93 break maybe 

[14:15] {magoo} no quotes on it dino

[14:15] {dino} attention deficit h..... disorder

[14:15] {_wulff} You still have your swing PALm vad?

[14:16] {Threei}  yes

[14:16] {Threei}  sold half at 8.30 and re-bought it back at 8.08

[14:16] {_wulff} too late for me  now?

[14:16] {Threei}  vs entry at 7.80? :)

[14:16] {_wulff} well...

[14:17] {Threei}  it's all about risk management...

[14:17] {Threei}  with 7.80 entry, what was my risk?

[14:17] {Threei}  compare it with 8.15

[14:18] {Threei}  you would have to have your stop around 7.60

[14:18] {_wulff} yup

[14:18] {Threei}  pretty wide, easy to get shaken out only to see it snapping back up

[14:18] {_wulff} 25 shares it is

[14:19] {Threei}  25 shares guranatee you safe trade, negligible profits and broker's hatred

[14:20] {nemo} Fidelity would love him

[14:20] {_wulff} joke

[14:20] {Threei}  here is one more joke:

[14:20] {Threei}  FED'S STERN: THERE IS ROOM TO EVALUATE CURRENT ACCOUNTING STANDARDS - Q&A

[14:20] {Threei}  yup... I hope that room is in prison

[14:21] {nemo} Not at between $16 and $24 a round trip up to 1000 shares.  They make a killing

[14:21] {Threei}  jeez

[14:21] {nemo} No vaseline either

[14:21] {Threei}  I haven't paid such commissions since 1999 :)

[14:21] {cujo} just out of curiosity, what are good exe rates now a days?

[14:21] {magoo} nemesis..who charges that?

[14:22] {Threei}  .005 per share cujo

[14:22] {Threei}  with ecn passthrough

[14:22] {cujo} gotcha

[14:22] {nemo} Fidelity charges according to how many trades you make, and never less than $16 round trip.

[14:22] {cosmo} JNPR wants more

[14:23] {magoo} and their superior executions and service make it worth it?

[14:23] {cosmo} .39 hod

[14:23] {nemo} nope

[14:23] {cujo} still thinking 93 break for GS Hawk?

[14:24] {magoo} vad..aapl hangs right at high

[14:24] {Threei}  breaky

[14:24] {nemo} About the only thing they have that is really good, is the charting software.  Although, they have a software platform "Wealth Lab" I've never played with.

[14:24] {hawkfan4} yeah, just super risky, could pop n drop

[14:24] {cujo} yeah

[14:25] {cujo} stock likes to move

[14:25] {cosmo} JNPR should hold 16.30

[14:25] {magoo} my thoughtsd here GS...if IF mkt wants to rock on"ally..GS returns to high..but needs mkt

[14:26] {magoo} best play imo..take only 100 sh to start on pullbk..if starts moving add

[14:26] {magoo} RISKY

[14:26] {cujo} y

[14:26] {cujo} yes

[14:27] {Threei}  la'isa fi'mly dest'oyed 'oom's ability to use lett' " ' " in the or'd 'ally

[14:28] {cosmo} wo'd

[14:28] {magoo} 'ight..i ag'ee

06[14:28] * nemo Finally...nemo uncorks a Louisville Slugger right between Magoo's eyes!!!

[14:29] {magoo} ROFLOL

[14:29] {dino} lol

[14:29] {Threei}  is there any single serious person in the room?

[14:29] {larisa} of course

[14:29] {Threei}  you know... thinking... analyzing... grown-up...

[14:30] {dino} 2 years ago, i took my son and his friend to yankees game, in ny. it was pat day. they gave out 10,000 louisvile sluggers to kids. all i could think of was what a security nightmare if a fight were to break out

[14:30] {nemo} My big setups passed me this morning and i've been waiting...what can I say...not too mention I've been pining for that ability for a looooong, time

[14:30] {dino} 30'

[14:30] {dino} 30"

[14:30] {nemo} the bat you mean, right dino?

[14:31] {dino} yes

[14:33] {Threei}  FED'S BULLARD: SUSPENDING MARK TO MARKET ACCT HAS NOT BEEN A GOOD IDEA IN THE PAST

[14:33] {magoo} my god MA up 19 points

[14:34] {dino} i think it was just put into force last year

[14:34] {Threei}  so he is right

[14:34] {Threei}  at no point before that suspending it was a good idea

[14:34] {dino} lol

[14:36] {Threei}  priates release Ukrainian ship after 4 months

[14:36] {larisa} got paid ?

[14:36] {Threei}  no

[14:36] {Threei}  somali village ran out of food

[14:37] {cosmo} sanctions worked?

[14:37] {Threei}  next time they'll think twice before hijacking ukrainians

[14:39] {magoo} aapl breaks

[14:40] {nemo} {@Alert} Threei  is there any single serious person in the room?  Is your wife standing next to you?

[14:40] {Threei}  US TREASURY'S GEITHNER WILL REPORTEDLY DISCLOSE A COMPREHENSIVE FINANCIAL FRAMEWORK ON MONDAY

[14:40] {Threei}  - Reminder: President Obama has scheduled a news conference for 8:00pmET on Monday

[14:40] {Threei}  no... why?

[14:40] {nemo} serious person

[14:41] {Threei}  I don't usually marry overly serious ones

[14:41] {nemo} But you do need supervision

[14:42] {Threei}  that's what everyone keeps telling me... :(

[14:42] {nemo} but you never listen

[14:42] {Threei}  why, I do

[14:42] {Threei}  that's how I know what they are telling me

[14:42] {nemo} Mags...V didn't do badly today either

[14:42] {nemo} O.K.  listen but no follow through

[14:42] {Threei}  it's Alzheimer's fault

[14:43] {nemo} Know him well

[14:43] {Threei}  I intend to follow through but I forget next morning

[14:43] {Threei}  lol... White House spokesperson:

[14:44] {Threei}  The bill is a moving target

[14:44] {dino} serious? if you guys make me trade w/o having fun, then i must leave this room.

[14:45] {Threei}  you prtobably missed latest bill by the administration dino

[14:45] {Threei}  fun is forbidden

[14:45] {cosmo} no general mirth

[14:46] {dino} ohhhh mannnnn...in my swiper voice

[14:47] {nemo} think the tide turned

[14:48] {Threei}  don't bet on it

[14:49] {Threei}  we are in change-by-coment situation

[14:49] {nemo} Alright, I'll just be a voyeur

[14:49] {nemo} well, been watching a shift in FAS FAZ since 2:20

[14:49] {Threei}  every musing out of senate directly or via commentators can cause big move

[14:51] {nemo} Shouldn't you be calling FAS scalps or somethin'?

[14:51] {hawkfan4} everything's too jumpy

[14:52] {Threei}  want to get a few papercujts?

[14:52] {Threei}  this market is exactly the type right now

[14:54] {larisa} HIG was such a perfect short off 15.50 when it did not go up with a market.. larisa-chicken.

[14:55] {Threei}  true... classic setup

[14:55] {Threei}  I missed it

[14:59] {dino} fast fall

[15:01] {larisa} why market can not get excited? stimulus almost passed, financials will be rescued on monday.. go market!

[15:01] {dptl} got to go...have a good evening all

[15:01] {dawg} Hig scalp off of 8.22

[15:01] {Threei}  take care dp

[15:02] {dawg} +.10

[15:02] {dawg} how about 15.22

[15:02] {larisa} better :)

[15:02] {dawg} larisa is a 10

[15:03] {dino} athn sm l .50

[15:03] {dino} cya dp

[15:03] {dino} sell the news larisa

[15:04] {larisa} I wish we bought the news first :) no buyers

[15:04] {dino} they bought the rumor, imo

[15:11] {dawg} Hig scalp from 15.20 +.13

[15:11] {dino} stopped athn -.30

[15:13] {dino} rinsed

[15:14] {dawg} HIG scalp from .23 +.10

[15:14] {Threei}  nice work dawg

[15:14] {dawg} gettin the Vad rthym ty

[15:15] {Threei}  :)

[15:15] {dino} good dog dawg

[15:17] {dawg} ty dino you have been hot lately

[15:17] {Threei}  group hug

[15:18] {dino} today, but under goals m-w

[15:19] {dawg} )}

[15:19] {dino} markets don't know what to do

[15:22] {Threei}  btw

[15:23] {Threei}  HIG reports today after close

[15:23] {larisa} interesting

[15:23] {Threei}  also, very important report today, real marketr mover: NAVR

[15:23] {larisa} lol

[15:24] {Threei}  this one used to be a big moneymaker back in tech era :)

[15:24] {larisa} we are too old threei

[15:25] {dino} about as o0ld as me i guess

[15:26] {dino} 44 next month

[15:26] {Threei}  heh

[15:36] {dino} giddy-up

[15:41] {Threei}  many financials have this interesting manner lately to go up on earnings report no matter how bad it looks

[15:41] {Threei}  let's see what HIG does

[15:42] {Threei}  (CA) CANADA PM FLAHERTY: UNEMPLOYMENT NUMBERS DUE FRIDAY WILL BE 'REGRETTABLE'

[15:42] {Threei}  interesting way to put it

[15:43] {dino} mcd stop to .49

[15:44] {Threei}  look at PALM daily

[15:44] {Threei}  feels like pregnant with break to you?

[15:45] {dino} out mcd .55, +.30

[15:45] {hawkfan4} interesting way to put it

[15:45] {Threei}  lol

[15:45] {hawkfan4} :)

[15:46] {Threei}  HIG speculators crowd fire exits

[15:48] {larisa} dawg was waiting for them at .20:)

[15:50] {Threei}  TREASURY SEC GEITHNER: WANT TO WORK CLOSELY WITH OTHER COUNTRIES TO INCREASE CHANCES FOR ECONOMIC RECOVERY

[15:50] {Threei}  {Other countries} thanks, you guys recovered us enough

[15:51] {dino} so nice

[15:51] {larisa} it is global economy, some prosper, all suffer :)

[15:51] {Threei}  {Other countries} we feel a little bit overrecovered as it is

[15:53] {Threei}  I'll stick around to wait for HIG

[15:53] {larisa} ty

[15:53] {hawkfan4} me too

[15:53] {magoo} HIG reports?

[15:53] {hawkfan4} yep

[15:54] {magoo} after bell or 4:30?

[15:55] {hawkfan4} all i have is after market closes

[15:56] {larisa} go for smoke now vad or we will miss it :)

[15:56] {magoo} me too..brbv

[15:56] {Threei}  lol

[15:58] {Threei}  PALM ginishes above 8 this time

[15:58] {Threei}  good to see

06[15:58] * larisa slaps threei a bit with palm venik

[15:58] {Threei}  why?

[15:59] {Threei}  I behaved

[15:59] {Threei}  Ithink

[15:59] {larisa} too much PALM, i am looking at it with your every mention, tired :)

[16:00] {Threei}  she is tired and I get slapped? What kind of logic is that

[16:00] {larisa} lol

[16:00] {cujo} any news about OIL just now?  USO going nuts?

[16:00] {Threei}  not that I see

[16:00] {cujo} more activity at close than usual 

[16:01] {cujo} just makes me wonder. 

[16:01] {Threei}  nor do I see anything out of ordinary on USO

[16:01] {dino} thx all, had fun

[16:01] {Threei}  dino :)

[16:01] {larisa} bye dino :)

[16:01] {hawkfan4} cu dino

[16:01] {Threei}  but again, abut fun

[16:02] {patience} good day, raising cash mostly  thanks vad

[16:02] {Threei}  :)

[16:02] {cujo} thanks Vad

[16:02] {cujo} see you tomorrow

[16:02] {dino} cujo- biz.yahoo.com/research/earncal/today

[16:02] {magoo} stay put vad..wee are NOT done lol

[16:02] {Threei}  take care coju

[16:02] {dino} about 80

[16:03] {cujo} dino, link no worky

[16:04] {dino} http://biz.yahoo.com/research/earncal/today.html

[16:04] {larisa} ADF wants to sell HIG at 301000 :)

[16:04] {Threei}  that's my short

[16:04] {cujo} cool.  Se eyou all later:)

[16:04] {larisa} oh

[16:05] {Threei}  also, see .01 bid

[16:05] {larisa} your long ?

[16:05] {Threei}  right