[08:46] Lucefear: good morning!
[08:46] Lucefear: good morning!
[08:47] Pl8z2win: good morning luce and all
[08:47] Lucefear: Nas ft -40
[08:47] Lucefear: hi pl!
[08:48] Pl8z2win: my short list = EXFO ONIS CORV CIEN SONS DIGL WEBM AVCI
[08:50] Lucefear: my scalper list: AMCC, JDSU, NTAP, VTSS, XLNX
[08:50] Lucefear: pl bearish again?
[08:50] Lucefear: hi elk!
[08:51] Pl8z2win: gm elka
[08:52] manta1: good morning Luce Pl Elka lead pwest en all
[08:52] Pl8z2win: hi manta
[08:52] Lucefear: hi manta1!
[08:52] manta1: down en up
[08:53] Lucefear: AMGN soars in pre-market on patent suit victory
[08:53] Lucefear: $amgn
[08:53] Alert-Info: AMGN 73 x 60 3/8 Close (60) V 1,102,400
[08:53] Lucefear: DELL warned that fiscal fourth-quarter earnings would be 18 to 19 cents per share, below the average analyst EPS estimate
[08:54] Lucefear: $dell
[08:54] Alert-Info: DELL 25 1/2 x 23 Close (25 5/8) V 1,244,800
[08:54] El-Kabong: Pl8z2win when u covering ONIS?
[08:55] Pl8z2win: 10 lol
[08:56] Pl8z2win: add to short list OCPI
[08:56] Lucefear: $onis
[08:56] Alert-Info: ONIS 45 3/8 x 42 3/4 Close (45 9/16) V 9,200
[08:59] El-Kabong: corv gonna be a beauty short
[09:00] Alert-Info: 09:00 AM
[09:00] Pl8z2win: ONIS support i see is 40 3/4 then 33 13/16
[09:00] pwest: still wondering if you should wait until earnings out on Jan 31 with CORV
[09:00] El-Kabong: just gonna keep a trailing stop on onis....what's ur trail Pl8z2win?
[09:03] Pl8z2win: will set it just above the 30 min hi of day so as not to get shook out..then move down with 5% stop loss
[09:03] Pl8z2win: my initial entry 45 5/8 and will add if trend down continues
[09:03] Pl8z2win: you????
[09:04] El-Kabong: pt trail
[09:04] El-Kabong: 1pt
[09:04] Pl8z2win: 1 point?
[09:04] El-Kabong: yep
[09:04] Pl8z2win: very conservative...thats not like you! LOL
[09:04] Lucefear: lol
[09:04] El-Kabong: lol
[09:05] El-Kabong: okay 1 1/2
[09:05] El-Kabong: how's that?
[09:05] Pl8z2win: ha!
[09:05] El-Kabong: lol
[09:05] Pl8z2win: its your money! ::)
[09:06] Lucefear: my scalper list: AMCC, JDSU, NTAP, VTSS, XLNX maybe AMGN
[09:06] Pl8z2win: amgn could be good
[09:06] El-Kabong: amgn should be a good open short
[09:07] Lucefear: lots of earnings this week again
[09:07] El-Kabong: but this mkt is nuts!
[09:07] Alert-Info: DOW 10587.59 -90.69 NAS 2770.38 +1.89 TICK +322.00 S&P; 1342.55 -5.42
[09:08] Pl8z2win: earnings today FLSH PVTL ACXM VTSS
[09:09] Pl8z2win: tomorrow EMC IWOV BRCM PWAV SEBL TLAB WEBT of note
[09:10] Pl8z2win: wed = AMGN CNQR EXDS FDRY IMNX JNIC KANA MEDI PWER SDLI SNDK VRSN VRTS
[09:11] Pl8z2win: thurs = ADAP ARTG BVSN CORV EPNY GSPN JDSU NETE PMCS QCOM
[09:12] pwest: anyone like EXDS as a short or is it played out?
[09:12] Pl8z2win: EXDS could move up ahead of earnings
[09:12] apollo2k: Hi folks!
[09:12] Pl8z2win: hi apollo
[09:14] Lucefear: we get a red market open but I will play the bottoms as usual
[09:15] Alert-Info: 15 minutes to market open
[09:15] Pl8z2win: lots analysts bullish on AMGN
[09:16] Lucefear: as long I don't see strong selling I won't expect it
[09:17] Lucefear: as there were good buyers the last days
[09:18] El-Kabong: w/ AMGN news we could see rotation from tech today..
[09:18] El-Kabong: to bios
[09:20] Alert-Info: 10 minutes to market open
[09:20] Pl8z2win: yes
[09:20] El-Kabong: funky mkt. for sure tho...pigs flying all over the place..time to clip them wings...
[09:21] Lucefear: futures moved higher a bit
[09:21] Lucefear: Nas ft -23, SP -3
[09:22] Alert-Info: Trading mistake: Being unable to admit a loss.
[09:22] Alert-Info: DOW 10587.59 -90.69 NAS 2770.38 +1.89 TICK +322.00 S&P; 1342.55 -5.42
[09:24] Lucefear: my scalper list: AMCC, JDSU, NTAP, VTSS, XLNX maybe AMGN
[09:24] Lucefear: the slower stocks haven't been reliable scalpers recently
[09:24] Lucefear: CSCO was/is still more a short
[09:24] Pl8z2win: I like OXHP for a rebound off low
[09:24] Lucefear: MSFT has its own mind currently
[09:25] Alert-Info: 5 minutes to market open
[09:25] Lucefear: so I watch bit faster scalpers
[09:29] Alert-Info: 1 minute to market open!
[09:29] Lucefear: ASIA was up nice the last days
[09:29] Lucefear: do you watch it El-Kabong?
[09:30] Alert-Info: markets open, good luck!
[09:30] Alert-Info: DOW -6.50 ut
[09:30] El-Kabong: nop
[09:30] Alert-Info: TICK -1.00 dt
[09:30] Alert-Info: NAS -11.28 dt
[09:33] Lucefear: CSCO gaps up
[09:33] Alert-Info: DOW -21.75 dt
[09:34] Lucefear: $amgn
[09:34] Alert-Info: AMGN pace: 521 482 1747 333
[09:34] Alert-Info: AMGN 69 1/2 x 69 9/16 V 4,518,300 CHG 9 5/16 15.52%
[09:35] Lucefear: bottoms
[09:36] Alert-Info: NAS -16.32 dt
[09:36] Lucefear: ft ut
[09:37] Lucefear: nice ARBA bounce
[09:37] Lucefear: nie elk!
[09:37] Alert-Info: DOW -5.69 ut
[09:37] Alert-Info: DOW 10581.49 -6.10 NAS 2752.44 -17.94 TICK -16.00 S&P; 1341.52 -1.03
[09:37] pwest: !
[09:37] Pl8z2win: lol wtg elka
[09:39] Lucefear: MSFT selling
[09:39] Lucefear: ft dt
[09:40] Alert-Info: DOW -26.43 dt
[09:40] Alert-Info: DOW -6.50 ut
[09:40] Alert-Info: DOW -26.83 dt
[09:40] Alert-Info: NAS -25.50 dt
[09:41] chep: hi luce, hi all
[09:41] Lucefear: hi chep!
[09:41] chep: congrats Elk to ur ONIS short
[09:41] Lucefear: ARBA, AMCC; JDSU interesting
[09:41] Alert-Info: NAS -30.18 dt
[09:41] Lucefear: and maybe MSFT
[09:41] Lucefear: and XLNX
[09:42] Lucefear: strong Nas ft dt
[09:42] Pl8z2win: ONIS lol what a beauty
[09:42] El-Kabong: hehe
[09:42] Alert-Info: NAS -38.15 dt
[09:43] apollo2k: chep !
[09:44] Lucefear: looking for bottoms
[09:44] Alert-Info: DOW -42.69 dt
[09:44] chep: apollo2kman!
[09:44] Alert-Info: NAS -42.83 dt
[09:44] chep: try some CSCO
[09:45] Lucefear: weak ft bounce here so far
[09:46] Lucefear: ARBA testing 37
[09:46] Lucefear: still ft dt, but looking for bottoms very soon
[09:47] Alert-Info: NAS -47.42 dt
[09:47] Lucefear: ft trying
[09:48] Lucefear: VTSS good bouncer
[09:48] Pl8z2win: trin high
[09:49] Lucefear: ft ut
[09:49] Alert-Info: DOW -27.34 ut
[09:50] Lucefear: CSCO nice
[09:50] Alert-Info: NAS -36.34 ut
[09:50] Pl8z2win: AMGN profit taking
[09:50] chep: yep thnx luce
[09:51] Lucefear: ft ut
[09:52] Alert-Info: NAS -31.43 ut
[09:52] Alert-Info:
[09:52] Alert-Info: DOW 10569.30 -18.29 NAS 2738.95 -31.43 TICK +145.00 S&P; 1341.69 -0.86
[09:53] Alert-Info: TICK +175.00 ut
[09:53] Lucefear: some nice bounces
[09:53] Lucefear: AMGN bottoms again
[09:53] chep: and out CSCO + 9/16
[09:53] Lucefear: nice one chep!
[09:54] Lucefear: AMCC pb
[09:54] Lucefear: JDSU pb
[09:54] Lucefear: good NTAP bounce
[09:55] Alert-Info: DOW -11.79 ut
[09:57] Lucefear: ft ut
[09:58] Alert-Info: NAS -26.72 ut
[09:59] Lucefear: ft ut stopped
[09:59] Lucefear: seems Nas can't go higher here
[09:59] Lucefear: doing hard at least
[10:00] Alert-Info: 10:00 AM
[10:00] Lucefear: but no selling either
[10:01] Lucefear: ft ut
[10:01] Alert-Info: DOW +3.87 ut
[10:02] Alert-Info: NAS -20.78 ut
[10:02] Lucefear: AMCC more selling
[10:02] Lucefear: ARBA nice bounce finally
[10:03] Lucefear: also nie JDSU bounce here
[10:03] chep: new keyboard luce
[10:03] Lucefear: AMGN bounce
[10:03] chep: out jDSU +9/16
[10:04] Lucefear: nie chep!
[10:04] Lucefear: good EBAY bounce
[10:04] chep: new keyboard luce
[10:04] chep: c is missing
[10:05] chep: ARBA good bouncer too
[10:06] Alert-Info: DOW -12.91 dt
[10:06] Lucefear: ft pb
[10:06] Lucefear: I know chep, don't worry
[10:07] Alert-Info: NAS -26.45 dt
[10:07] Alert-Info: DOW 10561.98 -25.61 NAS 2741.74 -28.64 TICK +116.00 S&P; 1342.09 -0.46
[10:08] Lucefear: more careful with longs now, quick scalps
[10:09] Alert-Info: DOW -28.97 dt
[10:09] Lucefear: first good AMGN bounce, interesting now on pullbacks and selling for scalps
[10:09] Lucefear: XLNX; AMCC, VTSS bit stinky
[10:10] Alert-Info: NAS -31.86 dt
[10:11] Lucefear: good bouncers have been NTAP, YHOO, EBAY, CSCO and finally AMGN
[10:11] Lucefear: but I don't trust CSCO
[10:11] Lucefear: but seems to be stronger today
[10:12] Alert-Info: DOW -13.82 ut
[10:12] Lucefear: ft ut
[10:12] Lucefear: do we get this gradual buying again? humm
[10:12] Alert-Info: NAS -27.06 ut
[10:13] Lucefear: good AMCC bounce after this stronger drop
[10:14] Alert-Info: NAS -22.15 ut
[10:15] Pl8z2win: NTAP breakout
[10:17] Alert-Info: NAS -16.04 ut
[10:17] Alert-Info: TICK +366.00 ut
[10:17] Pl8z2win: thx cnbc... corv avci ::)
[10:19] Pl8z2win: naz breakout attempt
[10:19] manta1: out BVSN +3/4
[10:19] Lucefear: nice manta1!
[10:19] chep: out JDSU +5/8
[10:20] Lucefear: more ft ut
[10:20] chep: arrgh
[10:21] Alert-Info: NAS -10.44 ut
[10:22] Lucefear: yes arghh
[10:22] Lucefear: AMCC great boune
[10:22] Alert-Info: DOW +1.22 ut
[10:22] pwest: anybody thing VTSS will miss .24 earn tonight, semi bizness
[10:22] Alert-Info: Reminder: Have a plan and a clear set of rules
[10:22] Alert-Info: DOW 10589.22 +1.63 NAS 2764.18 -6.20 TICK +427.00 S&P; 1347.60 +5.05
[10:23] chep: bios strong today
[10:23] Alert-Info: NAS -4.50 ut
[10:23] Lucefear: tops
[10:26] Alert-Info: NAS -9.29 dt
[10:26] Lucefear: MSFT weak
[10:27] Pl8z2win: expect we go higher
[10:27] pwest: Elk WEBM geez
[10:28] El-Kabong: webm should have peaked @95...as expected....but who the F knows...
[10:30] Alert-Info: NAS -13.98 dt
[10:30] Alert-Info: Careful now. Market momentum should go down during lunch time.
[10:31] Alert-Info: TICK +173.00 dt
[10:32] Lucefear: pullbacks
[10:32] El-Kabong: when WEBM shows how much they earn 1/31...it will set a benchmark for the p/e..just like ARBA..and tank...
[10:33] pwest: ok ELK I'll load up on puts then :)
[10:33] El-Kabong: never trade on my words....
[10:33] Lucefear: lol
[10:33] pwest: lol
[10:34] El-Kabong: this mkt is holding up well
[10:35] Lucefear: yes
[10:35] Alert-Info: NAS -9.26 ut
[10:35] Lucefear: VTSS nice now
[10:35] Lucefear: CSCO ut
[10:35] chep: JDSu nice
[10:37] chep: out JDSu +1/2
[10:37] Alert-Info: DOW 10595.32 +7.73 NAS 2763.84 -6.54 TICK +239.00 S&P; 1347.88 +5.33
[10:38] chep: wol
[10:38] Alert-Info: NAS -4.74 ut
[10:38] Alert-Info: DOW +16.68 ut
[10:38] Alert-Info: TICK +387.00 ut
[10:39] El-Kabong: cover rest WEBM +7 1/2 ish
[10:39] Alert-Info: NAS -0.10 ut
[10:39] chep: wow El-Kabong
[10:39] pwest: not WEBM you big liar :)
[10:39] El-Kabong: ONIS
[10:39] El-Kabong: sorry
[10:40] El-Kabong: cover rest WEBM +7 1/2 ish ..sorry ONIS.not WEBM i wish
[10:40] pwest: lol someone seems to have something on his subconscious :)
[10:40] pwest: very nice play Elk!
[10:40] Alert-Info: TICK +211.00 dt
[10:41] chep: IDTI running
[10:41] Lucefear: more ft ut
[10:41] Lucefear: gradual buying again
[10:41] Lucefear: never know when it will stop
[10:41] Pl8z2win: WEBM look for over 97 as a strong breakout
[10:41] Pl8z2win: market has reversed nicely
[10:41] Alert-Info: NAS +4.71 ut
[10:42] Alert-Info: DOW +31.72 ut
[10:42] El-Kabong: another bear trap open
[10:42] Lucefear: EBAY looks toppy
[10:43] Alert-Info: TICK +421.00 ut
[10:43] pwest: CMRC hod
[10:44] Lucefear: swing market
[10:45] Lucefear: and the amazing thing is that the strong momo always comes in when there is no momo usually
[10:45] Alert-Info: NAS +9.82 ut
[10:45] Lucefear: CSCO leading the way
[10:46] chep: QCOM nice
[10:48] Lucefear: more ft ut
[10:52] Pl8z2win: JDSU nice move
[10:52] Alert-Info: Trading mistake: Trading fast stocks.
[10:52] Alert-Info: DOW 10617.28 +29.69 NAS 2783.67 +13.29 TICK +360.00 S&P; 1352.21 +9.66
[10:53] pwest: mkt action reminds me of bull mkt days when you buy on dips
[10:53] Lucefear: yes
[10:53] chep: OUT jdsU *%7(
[10:54] chep: sh..
[10:54] Lucefear: ?
[10:54] chep: keyboard ok-just operator isn't lol
[10:55] Lucefear: rally over now?
[10:55] Lucefear: markets pausing here
[10:55] chep: think so
[10:56] chep: ARBA nice
[10:57] El-Kabong: wow dclk
[10:57] El-Kabong: lol
[10:57] Lucefear: some pullbacks
[10:57] pwest: ARBA technically could be ready to break out imho
[10:57] Lucefear: $dclk
[10:57] Alert-Info: DCLK pace: 35 75 11 24
[10:58] El-Kabong: not touching dclk now
[10:58] El-Kabong: lol
[10:58] Lucefear: $dclk
[10:58] Alert-Info: DCLK pace: 35 35 75 11
[10:58] Alert-Info: DCLK 16 3/8 x 16 7/16 V 1,363,900 CHG 1 3/16 7.79%
[10:58] Alert-Info: TICK +209.00 dt
[10:59] Alert-Info: NAS +5.01 dt
[11:00] Alert-Info: 11:00 AM
[11:02] Alert-Info: TICK +382.00 ut
[11:02] Lucefear: not much selling around
[11:02] Alert-Info: NAS +10.25 ut
[11:03] Pl8z2win: stopped KEI short
[11:03] Pl8z2win: AVCI green
[11:04] Lucefear: ft ut
[11:04] Alert-Info: NAS +14.83 ut
[11:06] Alert-Info: DOW +46.77 ut
[11:07] Alert-Info: DOW 10627.45 +39.86 NAS 2787.02 +16.64 TICK +398.00 S&P; 1352.72 +10.17
[11:11] pwest: 11:08 ET Foundry Networks (FDRY) 20 13/16 +1 15/16: Hearing from trading floors that stock trading up ahead of Wednesday's earnings release due to perception that Foundry set the bar too low with its December warning; company warned of a 30% sequential revenue decline, while competitor Extreme (EXTR) actually posted a 22% increase for the Dec quarter.
[11:11] pwest: from Briefing
[11:12] Alert-Info: DOW +29.69 dt
[11:13] Alert-Info: NAS +9.96 dt
[11:13] Alert-Info: TICK +179.00 dt
[11:14] Pl8z2win: DIGL downgrade to buy
[11:16] Lucefear: toppy market
[11:16] Alert-Info: NAS +5.02 dt
[11:18] Alert-Info: NAS +0.45 dt
[11:21] Alert-Info: NAS +5.31 ut
[11:22] Alert-Info: Trading mistake: Not cutting losses. Stop out!
[11:22] Alert-Info: DOW 10607.11 +19.52 NAS 2774.48 +4.10 TICK +144.00 S&P; 1348.33 +5.78
[11:23] Lucefear: market uptrend broken here
[11:23] Lucefear: wonder if it swings down again like it went up
[11:24] Lucefear: ft dt
[11:25] Alert-Info: NAS +0.02 dt
[11:26] Alert-Info: DOW +14.64 dt
[11:28] pwest: RIMM fire
[11:28] Alert-Info: NAS +5.19 ut
[11:35] Lucefear: Nas hold up well
[11:37] Alert-Info: DOW 10594.91 +7.32 NAS 2772.91 +2.53 TICK +71.00 S&P; 1346.75 +4.20
[11:39] Alert-Info: TICK -15.00 dt
[11:39] Alert-Info: NAS +0.36 dt
[11:41] Lucefear: no selling, we could bounce again then
[11:42] El-Kabong: what was 10 am bias Pl8z2win?
[11:43] Pl8z2win: higher
[11:44] Pl8z2win: and we did
[11:45] Alert-Info: DOW -0.40 dt
[11:45] Alert-Info: NAS -4.71 dt
[11:46] Lucefear: ft dt
[11:47] El-Kabong: so that indicator suggests more buying now?
[11:48] chep: Pl indicator working to 75%?
[11:52] Lucefear: amazing, the same swing amrket as usual
[11:52] Lucefear: once the trend reverses is goes down without bounces
[11:52] Alert-Info: Reminder: Play fast stocks only if you are experienced enough
[11:52] Alert-Info: DOW 10574.18 -13.41 NAS 2761.66 -8.72 TICK -34.00 S&P; 1343.34 +0.79
[11:52] Lucefear: although the buying was clear and strong before
[11:53] Alert-Info: NAS -9.37 dt
[11:53] Lucefear: $vol
[11:53] Alert-Info: NAS VOL 942,633,700
[11:53] Alert-Info: NYSE VOL 496,757,800
[11:53] Alert-Info: DOW -15.45 dt
[11:54] Alert-Info: TICK -185.00 dt
[11:55] Lucefear: AMCC at the low again
[11:57] Lucefear: ARBA, AMCC getting intersting
[11:57] Alert-Info: NAS -13.98 dt
[11:58] Lucefear: S&P; chart funny
[11:58] Alert-Info: TICK -362.00 dt
[11:58] Lucefear: and a pia for a daytrader
[11:59] Lucefear: strong swing up, strong swing down
[11:59] Alert-Info: DOW -30.49 dt
[12:00] Alert-Info: 12:00 PM
[12:00] chep: not much action
[12:00] Alert-Info: TICK -554.00 dt
[12:02] Lucefear: just selling action so far
[12:02] Lucefear: we should get some bounces soon
[12:03] Lucefear: Dow and S&P; near the lows already, but Nas away from the lod
[12:03] chep: El-Kabong lower interest rates!
[12:03] El-Kabong: Fuc& that!
[12:03] chep: lol
[12:03] pwest: what happens to the mkt if fed lowers rate by only .25 tank tank tank or jump tank jump or ?
[12:04] El-Kabong: who knows?
[12:04] Lucefear: jump tank jump jump tank jump
[12:04] pwest: we should we are traders :)
[12:04] Alert-Info: TICK -355.00 ut
[12:04] chep: think everyone expecting lower rates
[12:05] pwest: so any dipp worth buying likely :)
[12:06] Alert-Info: TICK -158.00 ut
[12:07] Lucefear: ft ut
[12:07] Alert-Info: DOW 10568.48 -19.11 NAS 2757.27 -13.11 TICK -177.00 S&P; 1340.90 -1.65
[12:11] Alert-Info: NAS -8.87 ut
[12:11] Lucefear: Class starts now in #alert-class. To join type in /join #alert-class
[12:12] Alert-Info: DOW -15.45 ut
[12:12] Pl8z2win: elka di u get some CORV ?
[12:12] pwest: MMs not running CORV up :(
[12:12] El-Kabong: yep
[12:12] Lucefear: nice JDSU, AMCC bounce
[12:13] Pl8z2win: they already did pwest..selling ahead of lockup expiry
[12:14] pwest: no but ONIS was run up to the day before lockup, CORV not following that pattern
[12:14] El-Kabong: corv has 255 mil out tomm.....lol
[12:15] El-Kabong: its gonna get fugly
[12:15] pwest: I think they wait till earnings
[12:15] Alert-Info: NAS -13.38 dt
[12:15] El-Kabong: only insiders have to hold after earnings....
[12:16] Pl8z2win: DRIV more than a double last few days..anyone get it?
[12:16] Alert-Info: DOW -30.49 dt
[12:16] El-Kabong: the underwriters and venture caps don't...unless they have such agreement
[12:20] Lucefear: looks like a double bottom here
[12:20] Lucefear: S&P;, DOw, Nas
[12:21] Alert-Info: TICK +37.00 ut
[12:21] Lucefear: looking for bounce plays
[12:22] Lucefear: ft ut
[12:22] Alert-Info: Reminder: Don’t overtrade
[12:22] Alert-Info: DOW 10564.01 -23.58 NAS 2759.04 -11.34 TICK +96.00 S&P; 1341.45 -1.10
[12:26] Alert-Info: TICK -151.00 dt
[12:27] Pl8z2win: AVCI... INCA sitting on bid undwerwriter sitting on ask lolol
[12:30] El-Kabong: what a scam
[12:30] pwest: that is a classic example of MM manipulation imho
[12:30] pwest: but just one of many
[12:30] Alert-Info: TICK +20.00 ut
[12:30] Lucefear: markets looking for direction here
[12:30] chep: where's the SEC?
[12:31] Lucefear: trying ARBA long
[12:31] Lucefear: AMC interesting too
[12:31] pwest: chasing highschool kids with commodore 64s
[12:31] Lucefear: market action bit weird ehre
[12:32] El-Kabong: hey i ain't no high scholl kid
[12:32] chep: lol
[12:32] pwest: lo
[12:32] Lucefear: ft dt
[12:32] Lucefear: out ABRA
[12:33] chep: pwest-Elka using commodore
[12:33] Alert-Info: TICK -167.00 dt
[12:33] pwest: yeah chep :)
[12:33] Alert-Info: DOW -46.35 dt
[12:33] Alert-Info: NAS -18.95 dt
[12:33] El-Kabong: with my joy stick
[12:33] Pl8z2win: naz may lose some support here
[12:33] El-Kabong: shooting down pigs
[12:34] chep: lol
[12:34] pwest: just don't touch the red button too much Elk, you may lose your vision :)
[12:35] Alert-Info: NAS -23.54 dt
[12:36] Pl8z2win: trying to dbl bottom
[12:36] El-Kabong: why dow drop? news?
[12:37] Lucefear: dunno
[12:37] Lucefear: weird swing market
[12:37] Lucefear: long ARBA again
[12:37] Pl8z2win: EXFO cool
[12:37] Lucefear: tough to find the right bottom, you enver know when the selling stops
[12:38] chep: lomg some JDSU
[12:38] Alert-Info: DOW 10542.46 -45.13 NAS 2748.95 -21.43 TICK -17.00 S&P; 1338.19 -4.36
[12:38] Alert-Info: TICK +9.00 ut
[12:38] pwest: no disrespect, but this INSP guy on CNBC sounds like the guy I buy samosas from,,really
[12:38] Lucefear: hehe
[12:38] pwest: his name is Raj, nice guy
[12:39] chep: like Maria better
[12:39] Pl8z2win: he probably had to get a partime job because of all the market cap he lost
[12:39] pwest: yeah no kidding Pl8, talk about lost fortunes
[12:39] Pl8z2win: GNET...their acquisition was $85 not long ago
[12:40] pwest: does EMLX dancing around the 100 mark have any significance technically as to heading higher or lower?
[12:41] Lucefear: ft dt
[12:41] chep: out JDSu
[12:41] Alert-Info: TICK -201.00 dt
[12:42] El-Kabong: nice round #
[12:42] Lucefear: come on Nas you sad poc
[12:42] Lucefear: that sux
[12:43] chep: yep agree
[12:43] pwest: QLGC really tough today
[12:43] Lucefear: it's all the shorters fault! lol
[12:44] Pl8z2win: bounces suck...losing more support...hold onto your swing shorts ::)
[12:44] Pl8z2win: hehe
[12:44] chep: El-Kabong's the one to blame
[12:45] chep: think we'll see a couple down days
[12:45] Lucefear: hope not
[12:46] Lucefear: if so markets could re-test the lows again
[12:46] Lucefear: mean the year lows
[12:46] pwest: Luce that is what a lot analyst expect anyway, I am sure it will happen 2300 at least
[12:48] Lucefear: I don't care about anal-ysts
[12:48] Pl8z2win: earnings once again will be key this week imo
[12:49] chep: CSCO creeping up
[12:49] chep: who 's gona warn today?
[12:50] pwest: VTSS semiconductor releasing numbers today, I just do not see how they can provide positive forward guidance
[12:52] Lucefear: ft ut
[12:55] Lucefear: out ARBA +1/2
[12:58] chep: nice catch luce
[13:00] Alert-Info: 01:00 PM
[13:00] Alert-Info: TICK -102.00 dt
[13:00] Alert-Info: Careful. Market momentum should come back after lunch time.
[13:01] Lucefear: after this Nas pullback I look for slow longs again
[13:01] Lucefear: see a chance that downtrend is broken no
[13:01] Lucefear: no=now
[13:02] Lucefear: NTAP, ARBA,YHOO interesting
[13:04] Alert-Info: TICK +90.00 ut
[13:05] Lucefear: ft ut
[13:07] Pl8z2win: PWV breakout
[13:07] Pl8z2win: OPWV
[13:11] Alert-Info: DOW 10556.28 -31.31 NAS 2756.79 -13.59 TICK +143.00 S&P; 1340.74 -1.81
[13:11] Lucefear: class continues now in #alert-class
[13:12] Lucefear: if we swing up now without selling I quit! lol
[13:19] Alert-Info: NAS -18.14 dt
[13:21] Alert-Info: TICK -99.00 dt
[13:22] Alert-Info: TICK +77.00 ut
[13:24] Lucefear: possible market double bottom again
[13:24] Pl8z2win: RMBS making a move
[13:26] Alert-Info: Reminder: Don’t believe everything you read
[13:26] Alert-Info: DOW 10543.27 -44.32 NAS 2751.24 -19.14 TICK +119.00 S&P; 1338.22 -4.33
[13:26] Pl8z2win: more upside for OPWV if it can get thru 53 1/2 on vol
[13:29] Alert-Info: NAS -22.73 dt
[13:29] Alert-Info: DOW -54.38 dt
[13:30] chep: JDSu selling
[13:30] Lucefear: ft dt
[13:30] Lucefear: market making new low
[13:30] Lucefear: $vol
[13:30] Alert-Info: NAS VOL 1,264,929,000
[13:30] Alert-Info: NYSE VOL 689,085,400
[13:31] Lucefear: volume is good again, but not really that big
[13:31] Alert-Info: NAS -27.38 dt
[13:32] Pl8z2win: the high flyers are now reversing at the same speed ::)
[13:33] Alert-Info: TICK -101.00 dt
[13:35] Alert-Info: TICK -281.00 dt
[13:37] chep: Pl8z2win 2740 a resistance for NAS?
[13:38] Alert-Info: NAS -31.92 dt
[13:41] Pl8z2win: close enuf chep i have 2744
[13:41] Alert-Info: DOW 10524.56 -63.03 NAS 2738.01 -32.37 TICK -172.00 S&P; 1334.45 -8.10
[13:41] chep: thnx Pl
[13:43] Alert-Info: TICK -78.00 ut
[13:43] Lucefear: looking for market bottom here
[13:45] pwest: isn't strange that not person on CNBC said that there will be a recession?
[13:45] Alert-Info: TICK +92.00 ut
[13:46] Lucefear: ft ut
[13:46] Alert-Info: NAS -27.38 ut
[13:53] chep: NAS move ur ass
[13:53] Lucefear: you in JDSU? hehe
[13:53] Alert-Info: DOW -70.35 dt
[13:54] Lucefear: looking for market buying here
[13:54] Lucefear: seems Dow drags the markets down today
[13:54] chep: yep but will bail
[13:55] Lucefear: have an eye on YHOO
[13:55] Lucefear: also CSCO but CSCO was a pig receently
[13:56] Lucefear: VTSS should bounce too
[13:56] Alert-Info: Reminder: Cut losses short. Let profits run.
[13:56] Alert-Info: DOW 10517.24 -70.35 NAS 2738.83 -31.55 TICK +62.00 S&P; 1335.01 -7.54
[13:57] Pl8z2win: seems we are finding some support here ????
[13:58] Alert-Info: NAS -32.23 dt
[13:58] Pl8z2win: oops
[13:59] Lucefear: support somewhere lower it seems lol
[13:59] chep: don't think so-bailed
[13:59] Pl8z2win: yeah lol
[13:59] pwest: mkt still a pig, besides what happens after the revised earnings season is over in a few weeks, Feb doldrums
[14:00] Alert-Info: 02:00 PM
[14:00] Lucefear: rate cut next week will make picture clearer
[14:01] Pl8z2win: but is it priced in?
[14:01] Alert-Info: NAS -37.18 dt
[14:01] pwest: agree Luce but for a downturn when Fed lowers only a 1/4 imho
[14:01] El-Kabong: if mkt don't get .5 cut...tank
[14:03] Lucefear: don't think it's priced in
[14:03] Lucefear: I think we get some buying in a few days at the latest ahead of the decision
[14:04] Lucefear: yes, that might be the problem, all expect 1/2 point already
[14:04] pwest: when do they announce rate again?
[14:04] Lucefear: but we will take a 7/16 cut too hehe
[14:04] Lucefear: wednesday
[14:05] pwest: wow 2 days away
[14:05] Lucefear: next week
[14:05] pwest: ok
[14:05] El-Kabong: 1/31 is the fed announcement
[14:05] El-Kabong: if i remember correctly
[14:05] El-Kabong: $vol
[14:06] Alert-Info: NAS VOL 1,381,566,000
[14:06] Alert-Info: NYSE VOL 761,354,500
[14:06] Alert-Info: NAS -32.63 ut
[14:07] Lucefear: seems we have bottomed here
[14:07] Alert-Info: DOW -55.20 ut
[14:07] Lucefear: there goes VTSS
[14:08] Lucefear: PWAV wozee
[14:08] Lucefear: AMCC lod
[14:11] Alert-Info: DOW 10535.54 -52.05 NAS 2736.59 -33.79 TICK +92.00 S&P; 1335.80 -6.75
[14:12] chep: ISP dead?
[14:13] Lucefear: ok here
[14:13] Alert-Info: TICK +296.00 ut
[14:13] Lucefear: ft ut
[14:13] chep: just one of my quote-services down..
[14:14] Alert-Info: NAS -27.57 ut
[14:14] El-Kabong: Pl8z2win 2 pm buy biased?
[14:15] Pl8z2win: OPWV boom
[14:15] Alert-Info: DOW -39.03 ut
[14:16] Pl8z2win: let me c
[14:16] Pl8z2win: yes el...long
[14:17] Pl8z2win: but i have my doubts
[14:18] Lucefear: nice AMCC bounce
[14:20] Alert-Info: NAS -22.59 ut
[14:20] Alert-Info: DOW -23.58 ut
[14:20] pwest: pl8 you like OPWV here
[14:21] Pl8z2win: too late imo...it was a breakout play when i got stopped in at 52 1/4...i sold the bounce because its reporting tonite and too risky to hold
[14:22] pwest: what about puts?
[14:22] Pl8z2win: upside potential better than downside imo
[14:22] pwest: ok
[14:23] Pl8z2win: elka where r u exiting CORV pls?
[14:23] pwest: btw Pl8 did you lose everything on EMLX puts or push over to Feb?
[14:23] El-Kabong: tomm
[14:23] El-Kabong: or weds
[14:24] Pl8z2win: ahhh you trade days instead of price now? ::)
[14:24] Lucefear: lol
[14:24] El-Kabong: under 20 i hope
[14:24] El-Kabong: lol
[14:24] El-Kabong: under 20
[14:24] El-Kabong: 18
[14:24] El-Kabong: then 15
[14:24] Pl8z2win: yes pwest...let them go
[14:24] Pl8z2win: expired
[14:25] Pl8z2win: 15? i'll be happy with 20
[14:26] Alert-Info: Trading mistake: Having a directional bias, for example, always wanting to be long.
[14:26] Alert-Info: DOW 10552.62 -34.97 NAS 2746.67 -23.71 TICK +407.00 S&P; 1339.04 -3.51
[14:29] pwest: RIMM hod
[14:29] El-Kabong: RIMM hod..WTF!
[14:29] pwest: lol
[14:30] pwest: Elk you short it yet?
[14:30] El-Kabong: i am not doing anything now
[14:30] El-Kabong: this mkt sux
[14:30] chep: ur soo right El-Kabong
[14:32] Alert-Info: TICK +486.00 ut
[14:33] Pl8z2win: looks like indicator right again
[14:33] Alert-Info: NAS -17.20 ut
[14:34] Lucefear: ft ut
[14:37] pwest: go CORV go
[14:38] Pl8z2win: looks like breakout
[14:39] Alert-Info: TICK +268.00 dt
[14:40] pwest: pigs make break out from pen
[14:40] El-Kabong: cover 2/3 WEBM -18 ish....ouch
[14:41] pwest: sorry elk :(
[14:41] Alert-Info: DOW 10554.25 -33.34 NAS 2752.62 -17.76 TICK +186.00 S&P; 1340.09 -2.46
[14:41] chep: sorry:(( Elka
[14:46] Pl8z2win: MACR looks ok for slow swing long
[14:46] Pl8z2win: MACR looks ok for slow swing long
[14:46] Alert-Info: DOW -39.44 dt
[14:46] Alert-Info: DOW -39.44 dt
[14:46] pwest: Pl8 MACr has that lawsuit with ADBE watch it closely for settlement or decision, MACR great software
[14:46] pwest: Pl8 MACr has that lawsuit with ADBE watch it closely for settlement or decision, MACR great software
[14:46] Alert-Info: TICK +96.00 dt
[14:46] Alert-Info: TICK +96.00 dt
[14:47] Lucefear2: elk :-----------(
[14:47] Lucefear2: elk :-----------(
[14:47] El-Kabong: now it will tank
[14:47] El-Kabong: now it will tank
[14:47] Alert-Info: NAS -22.45 dt
[14:47] Alert-Info: NAS -22.45 dt
[14:47] Lucefear2: or not
[14:47] Lucefear2: or not
[14:47] pwest: Elk it will see 100 before it tanks imho
[14:48] El-Kabong: 95 was top imo.....but who knows
[14:48] El-Kabong: 95 was top imo.....but who knows
[14:48] Lucefear2: good you had the ONIS trade
[14:48] Lucefear2: good you had the ONIS trade
[14:50] Pl8z2win: put MACR in my ira last week
[14:50] Pl8z2win: put MACR in my ira last week
[14:50] El-Kabong: lol
[14:50] El-Kabong: lol
[14:50] El-Kabong: yeah
[14:50] El-Kabong: yeah
[14:50] chep: ecery US-citizen has a IRA?
[14:50] chep: ecery US-citizen has a IRA?
[14:50] chep: every
[14:50] chep: every
[14:51] manta3: short DCLK 16 11/16
[14:51] manta3: short DCLK 16 11/16
[14:55] Alert-Info: NAS -16.53 ut
[14:55] Alert-Info: NAS -16.53 ut
[14:56] Alert-Info: DOW 10557.10 -30.49 NAS 2755.17 -15.21 TICK +102.00 S&P; 1339.57 -2.98
[14:56] Alert-Info: DOW 10557.10 -30.49 NAS 2755.17 -15.21 TICK +102.00 S&P; 1339.57 -2.98
[14:56] El-Kabong: mkt holding up well again
[14:56] El-Kabong: mkt holding up well again
[14:58] manta3: cover DCLK + 5/8
[14:58] manta3: cover DCLK + 5/8
[14:58] Lucefear2: nice manta3!!
[14:58] Lucefear2: nice manta3!!
[14:59] manta3: getting a Little confidence[14:59] manta3: getting a Little confidence
[14:59] manta3: teeny
[14:59] manta3: teeny
[14:59] Lucefear2: good
[14:59] Lucefear2: good
[15:00] Alert-Info: 03:00 PM
[15:00] Alert-Info: 03:00 PM
[15:00] Alert-Info: 1 hour to market close
[15:00] Alert-Info: 1 hour to market close
[15:00] manta3: thanks to u guys
[15:00] manta3: thanks to u guys
[15:00] Pl8z2win: wtg manta!
[15:00] Pl8z2win: wtg manta!
[15:01] manta3: thx
[15:01] manta3: thx
[15:01] manta3: ARTG chart
[15:01] manta3: ARTG chart
[15:01] Lucefear2: some good room to the upside if we get buying here
[15:01] Lucefear2: some good room to the upside if we get buying here
[15:02] Alert-Info: DOW -23.99 ut
[15:02] Alert-Info: DOW -23.99 ut
[15:02] Alert-Info: NAS -11.14 ut
[15:02] Alert-Info: NAS -11.14 ut
[15:02] Alert-Info: TICK +343.00 ut
[15:02] Alert-Info: TICK +343.00 ut
[15:02] Lucefear: ft ut
[15:02] Lucefear: ft ut
[15:04] Alert-Info: NAS -6.38 ut
[15:04] Alert-Info: NAS -6.38 ut
[15:05] Alert-Info: DOW -8.53 ut
[15:05] Alert-Info: DOW -8.53 ut
[15:06] El-Kabong: cover all WEBm ouch ouch ouch
[15:06] El-Kabong: cover all WEBm ouch ouch ouch
[15:07] manta3: oh oh
[15:07] manta3: oh oh
[15:07] chep: Pl8z2win what did happen to MACR?
[15:07] chep: Pl8z2win what did happen to MACR?
[15:08] El-Kabong: okay all cash now
[15:08] El-Kabong: okay all cash now
[15:08] El-Kabong: now webm could tank
[15:08] El-Kabong: now webm could tank
[15:08] Alert-Info: TICK +527.00 ut
[15:08] Alert-Info: TICK +527.00 ut
[15:10] Alert-Info: TICK +341.00 dt
[15:10] Alert-Info: TICK +341.00 dt
[15:10] El-Kabong: this mkt for scalping
[15:10] El-Kabong: this mkt for scalping
[15:10] El-Kabong: no more positions till we get a trend....either way
[15:10] El-Kabong: no more positions till we get a trend....either way
[15:11] Lucefear: the trend is sideways!
[15:11] Lucefear: the trend is sideways!
[15:11] Alert-Info: DOW 10580.28 -7.31 NAS 2763.70 -6.68 TICK +290.00 S&P; 1343.51 +0.96
[15:11] Alert-Info: DOW 10580.28 -7.31 NAS 2763.70 -6.68 TICK +290.00 S&P; 1343.51 +0.96
[15:11] El-Kabong: yep.that 's why scalps are in order
[15:11] El-Kabong: yep.that 's why scalps are in order
[15:11] El-Kabong: buy the first dip and ride it all day long.....
[15:11] El-Kabong: buy the first dip and ride it all day long.....
[15:11] El-Kabong: or
[15:11] El-Kabong: or
[15:11] El-Kabong: lol
[15:11] El-Kabong: lol
[15:12] El-Kabong: this mkt holds up well even when naz red.....
[15:12] El-Kabong: this mkt holds up well even when naz red.....
[15:12] Pl8z2win: heres a MACR article thats prob fueling its move today... http://www.redherring.com/investor/2001/0122/inv-focb012201.html?id=yahoo
[15:12] Pl8z2win: heres a MACR article thats prob fueling its move today... http://www.redherring.com/investor/2001/0122/inv-focb012201.html?id=yahoo
[15:12] El-Kabong: so now that i am thinking longs..the mkt should tank...lol
[15:12] El-Kabong: so now that i am thinking longs..the mkt should tank...lol
[15:13] Lucefear: yes, this market is great to get some paranoia
[15:13] Lucefear: yes, this market is great to get some paranoia
[15:14] Pl8z2win: VTSS nice pb
[15:14] Pl8z2win: VTSS nice pb
[15:14] Pl8z2win: may be risky play with earnings tonite...leak???
[15:14] Pl8z2win: may be risky play with earnings tonite...leak???
[15:14] chep: thnx
[15:14] chep: thnx
[15:15] Alert-Info: NAS -10.88 dt
[15:15] Alert-Info: NAS -10.88 dt
[15:15] Alert-Info: TICK +163.00 dt
[15:15] Alert-Info: TICK +163.00 dt
[15:16] Alert-Info: TICK +391.00 ut
[15:16] Alert-Info: TICK +391.00 ut
[15:18] Lucefear: $vol
[15:18] Lucefear: $vol
[15:18] Alert-Info: NAS VOL 1,675,043,000
[15:18] Alert-Info: NAS VOL 1,675,043,000
[15:18] Alert-Info: NYSE VOL 935,504,000
[15:18] Alert-Info: NYSE VOL 935,504,000
[15:19] Lucefear: vol not impressive today
[15:19] Lucefear: vol not impressive today
[15:26] chep: QCOM u poc gimme $
[15:26] chep: QCOM u poc gimme $
[15:26] Alert-Info: TICK +150.00 dt
[15:26] Alert-Info: TICK +150.00 dt
[15:26] Alert-Info: Trading mistake: Trading fast stocks.
[15:26] Alert-Info: Trading mistake: Trading fast stocks.
[15:26] Alert-Info: DOW 10574.58 -13.01 NAS 2755.63 -14.75 TICK +150.00 S&P; 1342.56 +0.01
[15:26] Alert-Info: DOW 10574.58 -13.01 NAS 2755.63 -14.75 TICK +150.00 S&P; 1342.56 +0.01
[15:26] Alert-Info: NAS -15.75 dt
[15:26] Alert-Info: NAS -15.75 dt
[15:28] Alert-Info: DOW -23.58 dt
[15:28] Alert-Info: DOW -23.58 dt
[15:28] chep: out QCOM +1 3/16
[15:28] chep: out QCOM +1 3/16
[15:29] Alert-Info: NAS -20.50 dt
[15:29] Alert-Info: NAS -20.50 dt
[15:30] Alert-Info: 30 minutes to market close
[15:30] Alert-Info: 30 minutes to market close
[15:30] chep: where's apolloman?
[15:30] chep: where's apolloman?
[15:30] Alert-Info: NAS -25.49 dt
[15:30] Alert-Info: NAS -25.49 dt
[15:30] Lucefear: sharp pullbacks here
[15:30] Lucefear: sharp pullbacks here
[15:32] Alert-Info: DOW -38.63 dt
[15:33] Lucefear: what a drop here
[15:33] Lucefear: CSO pb
[15:33] Lucefear: CSCO
[15:33] Lucefear: JDSU
[15:33] pwest: yup
[15:34] chep: will break 58
[15:34] apollo2k: .
[15:34] apollo2k: I´m here chep
[15:34] chep: i c
[15:34] apollo2k: had to do another stuff
[15:34] chep: out for some Huelsn?
[15:35] apollo2k: lol
[15:38] Pl8z2win: t
[15:40] Alert-Info: 20 minutes to market close
[15:40] pwest: new prediction......mkt low for NAS in mid to end April 2001...until then down with bear rallys :)
[15:41] Alert-Info: DOW 10550.59 -37.00 NAS 2747.40 -22.98 TICK +238.00 S&P; 1339.87 -2.68
[15:41] chep: apollo2k beer rallies?
[15:42] Lucefear: apollo2k, you should work on your image lol
[15:42] El-Kabong: lol
[15:43] chep: lol- apollo2k the last real styrian
[15:44] Lucefear: QCOM pb after double top
[15:44] apollo2k: those who are talking too much about beer dont drink just dream of it
[15:44] apollo2k: lol
[15:44] chep: lol
[15:44] Lucefear: that's why you are so quiet today
[15:45] Lucefear: no bounces here
[15:46] Lucefear: seems we go lower
[15:46] Lucefear: JDSU was good for a little scalp
[15:46] chep: missed it
[15:47] Alert-Info: DOW -22.36 ut
[15:47] Lucefear: ft trying
[15:47] Lucefear: go Nas!
[15:50] Alert-Info: 10 minutes to market close
[15:51] Alert-Info: NAS -20.31 ut
[15:53] Pl8z2win: AMCC nice move
[15:53] Alert-Info: NAS -15.26 ut
[15:53] Alert-Info: TICK +349.00 ut
[15:55] Alert-Info: 5 minutes to market close
[15:56] Alert-Info: 4 minutes to market close
[15:56] Alert-Info: Trading mistake: Adding to a losing position. Stop out!
[15:56] Alert-Info: DOW 10567.77 -19.82 NAS 2756.48 -13.90 TICK +420.00 S&P; 1341.90 -0.65
[16:00] Alert-Info: markets closed! Have a pleasant day!
[16:01] Lucefear: Nas ended bit red, no biggy
[16:03] chep: apollo2k DCC please
[16:07] pwest: OPWV going
[16:08] El-Kabong: on earnings?
[16:09] pwest: can see earn yet?
[16:09] pwest: cant
[16:09] El-Kabong: Openwave (OPWV) 52 11/16 +3 11/16: -- Update -- Reports Q2 earnings of $0.09 a share, $0.12 better than the First Call consensus of ($0.03); revenues increased approximately 36 percent to $109.7 million from $80.8 million in the first quarter of fiscal 2001, and 278 percent from $29.1 million in the same period a year earlier;
[16:09] pwest: wow mamma
[16:13] Pl8z2win: didja get those calls?
[16:13] pwest: no, but thanks god I did not the putz
[16:14] Lucefear: $Opwv
[16:14] Pl8z2win: true
[16:14] Alert-Info: OPWV 56 7/8 x 57 Close (49) V 6,136,200
[16:14] Alert-Info: NAS -12.47 dt