[08:52] ovy: i slobber when i see it
[08:53] El-Kabong: even ppro gapping a bit...lol
[08:53] Lucefear: good morning!
[08:53] Pl8z2win: good morning
[08:53] bud: any news on bvsn.........
[08:53] Lucefear: futures unch
[08:53] dancray: greetings Luc
[08:53] bud: hi lucefear
[08:53] ovy: good mrn luce and PI8
[08:54] Pl8z2win: hi ovy
[08:54] texjack: gm luce, all
[08:54] Lucefear: hi ;)
[08:54] ovy: tex!
[08:54] dancray: so glad I snuck out of CIEN short at 97 1/8 this am (8 :12)...still looking to short more if pops to 104
[08:54] Lucefear: my scalper list: AMCC, AMAT, BEAS, CIEN, CSCO, INKT, JDSU, ORCL, QCOM, PALM, SUNW
[08:55] Lucefear: shorters: BVSN, CMGI... tough to say in this market
[08:56] ovy: it looks like everybody misread Grenspan's caveats!cnbc is changing his opinion!
[08:57] dancray: well CNBC is always right!
[08:57] El-Kabong: could be a short trap this morning
[08:57] ovy: lol
[08:57] El-Kabong: i want higher to add to my shorts :)
[08:57] El-Kabong: GGOOO NAZ!!!
[08:57] dancray: sieg heil :)
[08:58] dancray: uhm I think it's NAS :)
[08:58] ovy: no politics dan!lol
[08:58] dancray: speaking of politics..Bush can still lose today...more uncertainty if it happens
[08:59] ovy: Bush looseshis shorts we win our shorts,strange world!
[09:00] dancray: also a good time to buy on dip imho
[09:00] Rotorman: Luce, people in Europe laughing at us, over this election?
[09:01] ovy: hehe
[09:01] ovy: no
[09:01] ovy: it has nothing to do with the election rotor
[09:02] ovy: lol
[09:02] Rotorman: hahahaah, no kidding
[09:02] Rotorman: Japan sent 500,000 Viagra tablets to
[09:02] Rotorman: washington to help us hold an erection
[09:03] ovy: serious,i'm european and i respect the fact there is no cover up!sometimes it's different here!
[09:04] Rotorman: what country?
[09:04] El-Kabong: hey at least we dont have ppl. shoting each other over the votes.....
[09:04] dancray: so much for Steve Jobs being able to walk on water; he's just a srew up like most :)
[09:04] El-Kabong: but we do have ppl. shooting each other for other reasons....lol
[09:04] Rotorman: rotfl
[09:04] dancray: hey get out of my lane! bang bang bang
[09:04] Lucefear: what's on your list El-Kabong?
[09:05] El-Kabong: i will be adding to my pig pen today
[09:05] El-Kabong: bvsn
[09:05] El-Kabong: cmrc
[09:05] El-Kabong: avgo
[09:05] El-Kabong: wavx
[09:05] El-Kabong: bkhm
[09:05] El-Kabong: payx maybe
[09:05] El-Kabong: cosn
[09:05] El-Kabong: go naz!!!
[09:06] Pl8z2win: you forgot a few...LOL
[09:06] El-Kabong: yes among zillion others
[09:06] Rotorman: smile
[09:06] El-Kabong: but will wait...could be a short trap this morning
[09:06] El-Kabong: and ppro
[09:06] El-Kabong: and
[09:06] El-Kabong: and
[09:07] El-Kabong: lol
[09:07] Lucefear: must be christmas for elk already
[09:07] ovy: lol
[09:07] Pl8z2win: naz has not sold off much yet...on more bad news and big day yest....direction is iffy imo
[09:07] apollo2k: agree Pl
[09:07] El-Kabong: was early yesterday.......on getting piggies....
[09:07] apollo2k: no downgap
[09:08] lead: what about CNET-flat on a super day yesterday? EL-K ?
[09:08] El-Kabong: re-acted too soon......but will be good in the long run.....
[09:08] apollo2k: have it short already lead
[09:08] Pl8z2win: will prob wait till 10:00 to short
[09:08] El-Kabong: bvsn cash $1 per share.......
[09:08] apollo2k: but could make a pop after open
[09:08] El-Kabong: cmrc cash $1.71 per share.......
[09:08] Rotorman: darn 3.0 does not have my arrows for, $compx and /NDZ0
[09:08] El-Kabong: piggies for sure.......
[09:08] lead: thks
[09:09] El-Kabong: cnet another pig......
[09:09] Lucefear: expect some buying after open because of late chasers but we should give back a some the rest of the day
[09:09] El-Kabong: i-nets are shorts gifts.......
[09:10] Pl8z2win: we could have an early short squeeze...everyone and their brother shorting this open
[09:10] Lucefear: will also look for short scalps in INTC
[09:10] El-Kabong: could be Pl8z2win.....
[09:11] El-Kabong: not much of a bad re-action on aapl's news.....
[09:11] Lucefear: nice BVSN gap
[09:11] ovy: news on JNPR,for the interested
[09:11] Lucefear: yes, I don't do open shorts, will watch the action first
[09:11] Lucefear: would like a little pop, not too strong
[09:11] Lucefear: SUNW split yesterday
[09:12] Lucefear: SUNW could be a nice scalper today
[09:12] El-Kabong: we could get buying all day......if the shorts get squeezed
[09:12] Pl8z2win: shorting ok on big gainers from yest if you are prepared to average up
[09:12] ovy: QLGC and VTSS added to s&p; on the 11th
[09:13] apollo2k: cut in half SUNW ? LOL
[09:13] Pl8z2win: another nice short CLTK...check it out elka ::)
[09:13] Lucefear: AAPL lowered revenue and earnings guidance
[09:13] El-Kabong: ys have it on my list Pl8z2win :)
[09:13] El-Kabong: up nice yesterday :) pig's r us
[09:14] lucky1: aapl geting pumped up
[09:15] ovy: do u have a preference on SUNW because of split,or is it more before a split that the impact is?
[09:15] ovy: luce
[09:15] Lucefear: because of split and good action yesterday
[09:16] ovy: thks
[09:16] WWJDjoe: ovy 3 days ago SUNW was 75, it closed last night at almost 93. The big run is prior to split.
[09:16] Lucefear: futures slightly negative
[09:16] El-Kabong: usually pre-splite
[09:16] El-Kabong: then sell off after split.....
[09:16] Rotorman: Hey, good morning Joe
[09:17] El-Kabong: but this mkt.who knows .....
[09:17] WWJDjoe: hi rotor :)
[09:17] El-Kabong: patterns are changing now.....
[09:17] ovy: i know, but i wonder what the impact is after a split?what's the logic behind it after a split
[09:17] ovy: thks joe
[09:17] Lucefear: lgic is that the stock is "cheaper" and more intersting for more traders therefore
[09:18] Rotorman: ovy, check dcc, when you have time
[09:18] Lucefear: INTC is down a point
[09:18] ovy: and since sunw is allready cheap at 90 so......... ic thks luce
[09:19] chep: hi traders!
[09:19] Rotorman: chep!
[09:19] apollo2k: chepppppp
[09:19] chep: hi rotor-spinning some $ today?
[09:20] apollo2k: cnet
[09:20] chep: appppollllo
[09:20] Lucefear: my scalper list: AMCC, AMAT, BEAS, CIEN, CSCO, INKT, JDSU, ORCL, QCOM, PALM, SUNW
[09:20] ovy: chep!
[09:20] Lucefear: shorters: BVSN, CMGI
[09:20] chep: hi ovy!
[09:21] chep: hope market turns to normal mode..
[09:21] ovy: explain normal to me chep,please..lol
[09:22] hawk: hi everybody
[09:22] ovy: wow hawk
[09:22] Pl8z2win: fyi..CLTK is trading at a triple top
[09:22] chep: apollo already in the money with CNET?
[09:22] apollo2k: - 1/16
[09:23] chep: expect selling..
[09:23] apollo2k: hope the same as yesterday sold off after open
[09:23] apollo2k: 17 1/2 would be nice
[09:24] chep: up and down.. not just up..
[09:24] El-Kabong: cnet actually makes money?
[09:24] El-Kabong: or is my info wrong?
[09:25] apollo2k: yes 0.05 or so
[09:25] Alert-Info: 5 minutes to market open
[09:25] chep: El-Kabong lurking with CMRC-shorts?
[09:25] El-Kabong: open looks like a short trap
[09:25] El-Kabong: will wait to short
[09:25] Lucefear: can't imagine that markets will go much higher today
[09:26] dancray: SCMR up almost $10 yesterday..poss piggyy
[09:26] Lucefear: many (swing) traders will take profit after a +10% day
[09:26] chep: take some JDSU long..
[09:26] Pl8z2win: many held for morning gappper and will sell imo
[09:26] El-Kabong: we had good buying into eod yesterday........usually it continues into the open.....
[09:26] apollo2k: your favourite chep he?
[09:27] El-Kabong: gappers already sold
[09:27] apollo2k: u like fiber optics?
[09:27] dancray: that JNPR drop hit the tech stocks, albeit briefly
[09:27] chep: can be a real cucumber...
[09:27] El-Kabong: if they are true gap players
[09:28] chep: someone short AAPL?
[09:28] Alert-Info: 1 minute to market open!
[09:29] Lucefear: everybody is shorting or looks for short, that's the only thing scaring me
[09:29] Lucefear: doesn't work usually
[09:29] El-Kabong: yep
[09:29] El-Kabong: they could get squeezed bad.....
[09:29] WWJDjoe: DISH for a bounce? -3 now
[09:29] El-Kabong: or maybe they are really smart......
[09:29] El-Kabong: take ur pick
[09:29] dancray: JNPR sure bounced back
[09:29] Alert-Info: markets open, good luck!
[09:30] chep: aahhh JDSU up
[09:30] Lucefear: everybody smart? no way hehe
[09:30] Alert-Info: DOW -25.60 dt
[09:30] apollo2k: nay news Joe?
[09:31] apollo2k: downgrade DISH
[09:31] WWJDjoe: yes, just saw it
[09:31] chep: out JDSU-pays for some stops
[09:31] Lucefear: DISH ) filed a lawsuit against Gemstar-TV Guide International
[09:31] Lucefear: QCOM selling
[09:31] Alert-Info: DOW -42.85 dt
[09:32] apollo2k: AMCC strong
[09:32] Alert-Info: NAS +74.40 ut
[09:32] Alert-Info: NAS -11.11 dt
[09:32] Lucefear: most stocks I watch below closeing price
[09:33] Lucefear: ft dt
[09:33] Alert-Info: NAS -14.57 dt
[09:33] Lucefear: AMCC, BVSN, CMRC, INKT green
[09:34] Alert-Info: DOW -68.54 dt
[09:34] Alert-Info: NAS -18.74 dt
[09:34] Pl8z2win: short CLTK AVCI BLUE
[09:35] apollo2k: INKT lol
[09:35] Pl8z2win: couldn't resist
[09:35] Lucefear: good luck ;)
[09:35] El-Kabong: go Pl8z2win!
[09:35] chep: Pl8z2win let the cash register ring!!
[09:35] El-Kabong: my hero!
[09:35] Lucefear: INKT strong
[09:35] Alert-Info: NAS -25.19 dt
[09:36] Lucefear: QCOM bounce
[09:37] Lucefear: first bounces should come up
[09:37] Lucefear: let's see how strong they get
[09:37] Lucefear: AMCC strong
[09:37] Lucefear: not much ft action
[09:38] Alert-Info: DOW -45.89 ut
[09:38] Alert-Info: DOW -67.88 dt
[09:38] Alert-Info: DOW -50.82 ut
[09:38] Alert-Info: DOW -67.22 dt
[09:38] Lucefear: ft not promising so far
[09:39] Lucefear: big AMCC pop
[09:39] apollo2k: congrats Pl to your AVCI short
[09:39] Alert-Info: TICK +182.00 ut
[09:39] Lucefear: INTC selling
[09:39] Pl8z2win: thx
[09:40] Alert-Info: DOW 10831.60 -67.12 NAS 2865.81 -23.99 TICK +151.00 S&P; 1368.92 -7.62
[09:40] chep: Pl my hero..
[09:40] Lucefear: ISSI getting fat
[09:40] Pl8z2win: ::) chep
[09:41] Lucefear: 12/5/2000 5:14pm Integrated Silicon raises revenue forecast
[09:41] Lucefear: =ISSI
[09:41] El-Kabong: buyers
[09:41] dancray: CIEN 100
[09:41] chep: long JDSU
[09:42] Alert-Info: NAS -20.50 ut
[09:42] El-Kabong: lets see how far they go......
[09:42] Lucefear: ft ut
[09:42] Alert-Info: NAS -16.70 ut
[09:42] Lucefear: going long in INTC
[09:42] Lucefear: CSCO bounce
[09:43] dancray: CIEN 101 hot
[09:43] Alert-Info: NAS -11.78 ut
[09:43] Lucefear: some nice bounces here
[09:43] Pl8z2win: dumped cmvt puts
[09:43] Alert-Info: NAS -5.94 ut
[09:44] Lucefear: CSCO looks look, could be nice scalper today
[09:44] dancray: CIEN 102
[09:44] apollo2k: CMGI bounce
[09:44] Lucefear: nice catch chep!
[09:44] chep: yep thnx
[09:44] Alert-Info: NAS -0.50 ut
[09:44] dancray: JNPR monsta
[09:45] El-Kabong: careful shorting this early , unless ur willing toadd
[09:45] El-Kabong: and average up or stop out
[09:45] Alert-Info: NAS +3.13 ut
[09:45] Lucefear: good ft ut, short squeezer here, don't believe in a strong market today
[09:45] Lucefear: some impressive bounces here
[09:46] Alert-Info: NAS +7.27 ut
[09:46] Lucefear: will look for CMGI short when ut over
[09:46] Pl8z2win: yup short squeeze
[09:46] Lucefear: ISSI a nice short tomorrow, hope it doubles today
[09:46] Lucefear: looking for short scalps in CMGI, BVSN
[09:47] Lucefear: ft straight up, yikes
[09:47] Alert-Info: NAS +10.93 ut
[09:47] Alert-Info: NAS +14.51 ut
[09:48] Alert-Info: DOW -50.82 ut
[09:48] Alert-Info: TICK +369.00 ut
[09:48] apollo2k: short CMGI
[09:48] Alert-Info: NAS +17.86 ut
[09:48] Lucefear: wow QCOM, nice fat bounce
[09:49] WWJDjoe: out INTC +13/32
[09:49] Lucefear: still ft ut, amazing
[09:49] Lucefear: nice joe!
[09:49] Rotorman: beauty!
[09:49] Alert-Info: TICK +552.00 ut
[09:50] Alert-Info: NAS +23.82 ut
[09:50] chep: out JSU +1 7/16
[09:50] Rotorman: wonderful, chep
[09:50] chep: love that market..
[09:50] Lucefear: short CMGI
[09:50] Pl8z2win: look at AVCI monster
[09:51] Lucefear: out INTC, not the best pop
[09:51] dancray: geeze PI did you get of your short
[09:51] apollo2k: wow hope ur out
[09:51] Pl8z2win: yes
[09:52] WWJDjoe: BVSN done yet?
[09:52] dancray: 7 mill float 15% short...danger will robinson on AVCI
[09:52] Pl8z2win: but gave up a point getting out
[09:52] Pl8z2win: still in the money
[09:52] Alert-Info: TICK +373.00 dt
[09:52] Lucefear: INTC a short on bounces today
[09:53] Alert-Info: NAS +20.56 dt
[09:53] Alert-Info: DOW -68.26 dt
[09:53] dancray: can't believe stoopid ARBA at 80
[09:54] Lucefear: if we are right this was the last bigger buying today
[09:54] Alert-Info: NAS +15.46 dt
[09:54] ovy: SUNW selling
[09:55] Lucefear: SSTI up nice
[09:55] Alert-Info: DOW 10822.88 -75.84 NAS 2903.06 +13.26 TICK +287.00 S&P; 1371.69 -4.85
[09:55] Alert-Info: NAS +11.82 dt
[09:56] chep: QCOM unbelievable..
[09:56] Pl8z2win: that was quite a squeeze...lets see if there are more buyers
[09:56] dancray: JNPR nad PMCS still movin up
[09:56] Lucefear: buyers are short coveres
[09:56] Lucefear: or who is that nuts to go long here
[09:56] WWJDjoe: no VIGN short fill, won't chase
[09:57] Lucefear: QCOM incredible
[09:57] Lucefear: CSCO pullback
[09:58] Alert-Info: NAS +8.10 dt
[09:58] Lucefear: careful with bounce plays now, quick scalps only
[09:58] Lucefear: big bounces very unlikley
[09:58] Alert-Info: TICK +196.00 dt
[09:58] Alert-Info: NAS +3.93 dt
[09:58] Lucefear: good bouncers should be SUNW, CSCO, QCOM, AMCC
[09:58] Lucefear: should have shorted INTC poc
[09:59] WWJDjoe: yes, me too wca wol etc lol
[09:59] Alert-Info: NAS +0.53 dt
[09:59] Lucefear: and INKT bouncer
[09:59] Alert-Info: 10:00 AM
[10:01] Lucefear: AMAT looks like a ncie shorter o bounces too
[10:01] Lucefear: and MSFT
[10:01] Lucefear: shorters: CMGI, INTC, AMAT, MSFT
[10:01] Alert-Info: NAS -7.35 dt
[10:02] Lucefear: CIEN fast but nice oscillations
[10:02] manta1: YHOO
[10:02] El-Kabong: nice occilations!
[10:02] El-Kabong: gotta love it!!
[10:02] ovy: anybody looking at SUNW?
[10:02] WWJDjoe: VIGN wol
[10:02] Lucefear: SUNW interesting
[10:03] Alert-Info: NAS -15.93 dt
[10:03] Lucefear: looking for bottoms very soon
[10:03] Alert-Info: NAS -20.55 dt
[10:03] ovy: wall at 1/2
[10:03] Pl8z2win: hehe...short squeeze and no buyers
[10:03] apollo2k: cover CNET + 11/16
[10:04] Pl8z2win: hoping for a decent first bounce
[10:04] Rotorman: nice, A2K
[10:04] Alert-Info: NAS -24.84 dt
[10:04] Lucefear: looking for SUNW, CSCO
[10:04] apollo2k: classic short squeeze today
[10:04] Alert-Info: NAS -28.72 dt
[10:05] chep: lucky shorts..
[10:05] Lucefear: what a shake
[10:05] El-Kabong: sold out all idti for a sushi dinner
[10:05] El-Kabong: lol
[10:05] dancray: JNPR drop almost 10 pts in 10 mins
[10:05] El-Kabong: and added bvsn short
[10:05] Alert-Info: NAS -32.91 dt
[10:05] WWJDjoe: sushi expensive hehe
[10:05] Lucefear: still ft dt
[10:05] ovy: for JNPR that's normal dan
[10:06] Lucefear: cover CMGI +11/16
[10:06] Alert-Info: NAS -37.97 dt
[10:06] chep: long CIEN
[10:06] Rotorman: goood, Luce
[10:06] Lucefear: going long
[10:07] Alert-Info: NAS -41.35 dt
[10:07] Lucefear: long SUNW, CSCO
[10:07] Lucefear: trying to catch others humm
[10:07] dancray: Luce you play RIMM as a short ever, lockup ending soon..up 40% in a few days?
[10:08] Lucefear: fttrying
[10:08] Alert-Info: NAS -35.44 ut
[10:08] apollo2k: dang missed BVSN
[10:09] Lucefear: bad bounces here
[10:09] chep: out JDSU +1
[10:09] Rotorman: dang. chep...wtg
[10:09] ovy: can i conclude that SUNW is weak here or is this a prolonged shake
[10:09] manta1: wtg chep
[10:09] WWJDjoe: nice chep
[10:10] Lucefear: we can conclude nothing here yet
[10:10] ovy: 'k
[10:10] Alert-Info: DOW 10818.71 -80.01 NAS 2854.18 -35.62 TICK +215.00 S&P; 1367.80 -8.74
[10:10] WWJDjoe: theflyonthewall.com: 10:08 EST IBM Corp.-IBM trading down on rumor they will negatively preannounce (99½-3 7/8)
[10:10] Lucefear: only that INTC, MSFT are weak for sure
[10:10] Lucefear: BEAS strong selling
[10:11] Alert-Info: NAS -30.77 ut
[10:11] Alert-Info: NAS -34.57 dt
[10:11] Lucefear: out longs
[10:11] chep: bail your longs..
[10:12] ovy: right,droped them a moment ago the bast....rds
[10:12] Alert-Info: NAS -38.59 dt
[10:12] El-Kabong: add cmrc shorts
[10:12] El-Kabong: love these pigs
[10:12] chep: LOL
[10:12] Alert-Info: NAS -42.30 dt
[10:13] Alert-Info: DOW -98.59 dt
[10:13] apollo2k: long INKT
[10:13] Lucefear: Nas double here probaly, for scalps
[10:13] Lucefear: back in longs
[10:14] Alert-Info: NAS -38.83 ut
[10:14] Lucefear: shorters: CMGI, INTC, AMAT, MSFT, PALM
[10:15] Lucefear: still stinky bounces here
[10:15] apollo2k: out INKT + 7/16
[10:15] Lucefear: come on Nas, give us a few scalps at least
[10:16] chep: sucker bounces..
[10:16] El-Kabong: if the mkt don't go up soon ......the buyers from yesterday ....
[10:16] WWJDjoe: 10:14 ET Intel (INTC) 33 -3 (-8.3%): -- Update -- Salomon Smith Barney says its research suggests that Intel's qtr is shaping up to be the worst in over a decade.
[10:16] El-Kabong: guess what they will be doing.......
[10:16] Alert-Info: DOW -83.43 ut
[10:16] Lucefear: lol joe, good news :(
[10:16] Lucefear: good news for shorters at least
[10:16] WWJDjoe: lol
[10:17] dancray: look at the bright side, Intel CPU will be very cheap to grade your box :)
[10:17] Lucefear: ft trying
[10:17] WWJDjoe: hehe
[10:17] ovy: jp.Morgan just upgraded INTC acc to Bloomberg!and cnbc
[10:17] Alert-Info: NAS -33.42 ut
[10:17] El-Kabong: looks like a bottom !!
[10:17] El-Kabong: lol
[10:17] El-Kabong: gooo NAZ!!
[10:18] dancray: love it when we have dueling analysts; makes me feel better when I know they hate each other
[10:18] Lucefear: INTC pace: 563 558 465 411
[10:18] El-Kabong: lol one is short and one needs to dump it....lol
[10:18] ovy: well,they know as much as me!NOTHING
[10:19] dancray: still think Intel will be ok; in light of strengthening Euro and weaker dollar..added gains
[10:19] Lucefear: SUNW doing hard, other stocks better bouncers here
[10:19] El-Kabong: in the long run intc will be okay.....
[10:19] ovy: i'm starting to understand the ANAL-lyst thing!
[10:19] Lucefear: but not many stocks giving a good scalp here
[10:19] El-Kabong: 2-3 year long run......lol
[10:19] dancray: buy it and park it
[10:19] El-Kabong: yep
[10:19] El-Kabong: a gift
[10:19] El-Kabong: for ira's
[10:20] WWJDjoe: SUNW still trading 15 pts above 3 days ago, not counting split
[10:20] El-Kabong: sunw will take a hit soon.....
[10:20] El-Kabong: just watch
[10:20] Alert-Info: NAS -29.98 ut
[10:20] El-Kabong: mkt looks like it bottomed.........
[10:20] Alert-Info: TICK +406.00 ut
[10:21] Lucefear: ft creeping up
[10:21] WWJDjoe: so now buy & hold time?
[10:21] El-Kabong: could be joe
[10:21] Alert-Info: NAS -26.22 ut
[10:21] Lucefear: no, scalps only
[10:21] Rotorman: getting your IGN longs, Joe?
[10:21] WWJDjoe: yes
[10:21] Rotorman: VIGN
[10:21] Alert-Info: DOW -67.12 ut
[10:21] Lucefear: ft ut
[10:21] chep: long JDSU
[10:22] Alert-Info: NAS -22.76 ut
[10:22] apollo2k: out AMCC + 7/8
[10:23] chep: nice apollopop!
[10:23] Lucefear: out CSCO +1/2
[10:23] chep: out JDSU + 3/16
[10:24] El-Kabong: BVSN has $1/share, CMRC has $1.76/share.....BVSN belongs in the teens at most, CMRC belongs in the 20 at most if not teens also....gotta love these short gifts...lol
[10:24] Lucefear: good bounces here in QCOM, AMCC, INKT
[10:25] Alert-Info: DOW 10834.25 -64.47 NAS 2863.88 -25.92 TICK +300.00 S&P; 1370.87 -5.67
[10:25] Alert-Info: NAS -26.89 dt
[10:26] Lucefear: ISSI pace gone
[10:27] Lucefear: ft ut
[10:27] Alert-Info: NAS -23.59 ut
[10:27] Lucefear: slow market here
[10:27] Lucefear: tough to say if it holds up or not
[10:27] Alert-Info: DOW -51.20 ut
[10:27] dancray: CIEN going again
[10:27] Lucefear: would like to see a good bounce again to get shorts
[10:27] Alert-Info: NAS -19.70 ut
[10:28] Lucefear: DOW nice ut
[10:29] Alert-Info: TICK +183.00 dt
[10:29] Lucefear: PALM arghh
[10:29] Lucefear: BVSN a short scalper
[10:29] chep: INKT nice too
[10:30] Lucefear: but also good for longs, nice oscillations so far
[10:30] WWJDjoe: DELL at 18 1/4, who woulda thunk it...
[10:30] Lucefear: CIEN, AMCC best mover long
[10:30] ovy: who is to be watched in JDSU chep?
[10:30] Rotorman1: hey, what did I do to get kicked??? lol
[10:31] chep: JDSU running out of steam-should have stayed in CIEN..
[10:31] Lucefear: you lost connection Rotorman1
[10:31] Lucefear: QCOM, CIEN, AMCC fine mvoers so far
[10:31] Rotorman1: smile
[10:31] ovy: thks
[10:31] Alert-Info: NAS -14.44 ut
[10:32] El-Kabong: we should get selling again
[10:33] Lucefear: RFMD strong
[10:33] ovy: like u said elk,AAPL holding up very well!
[10:33] Lucefear: looking for tops soon
[10:34] Alert-Info: NAS -10.81 ut
[10:34] Lucefear: MSFT bounce
[10:34] Lucefear: looking for AMAT, MSFT; BVSN shorts when Nas ut over
[10:34] Lucefear: and INTC
[10:35] Alert-Info: NAS -6.85 ut
[10:35] apollo2k: wol AMCC
[10:36] dancray: Luce would you buy or sell CIEN here?
[10:36] Lucefear: sell
[10:36] dancray: thnks
[10:37] ovy: there's no fresh news on AMCC?doing very well that one!
[10:38] Alert-Info: DOW -66.36 dt
[10:38] Alert-Info: NAS -10.45 dt
[10:38] ovy: coming back
[10:39] Lucefear: ft pb
[10:39] chep: out GSPN + 2
[10:39] chep: uff
[10:39] Lucefear: nice one
[10:39] Alert-Info: DOW -81.91 dt
[10:39] Alert-Info: TICK +12.00 dt
[10:39] Alert-Info: NAS -14.45 dt
[10:39] chep: S&%$
[10:40] Rotorman1: good one chep
[10:40] ovy: nice ::) chep!
[10:40] Alert-Info: DOW 10818.33 -80.39 NAS 2875.50 -14.30 TICK +8.00 S&P; 1370.54 -6.00
[10:43] Lucefear: momo slowing down
[10:43] Lucefear: we should see now slow selling the next hours
[10:43] Lucefear: PALM bounce
[10:43] chep: apollo2k look IDTI-Elk out IDTI pops
[10:43] manta1: short CMGI
[10:44] El-Kabong: of course chep
[10:44] El-Kabong: lol
[10:44] El-Kabong: isn't that the pattern
[10:44] El-Kabong: hehe
[10:44] chep: sorry..
[10:44] Lucefear: CIEN toppy
[10:44] El-Kabong: no biggy
[10:44] chep: hehe
[10:44] El-Kabong: as long as i make $ on it i don't care
[10:44] El-Kabong: sort of
[10:44] El-Kabong: lol
[10:45] chep: that's right..
[10:45] ovy: got to go, see you guy's tomm, a very good tradingday!!!!!
[10:45] apollo2k: later ovy
[10:45] manta1: cu ovy
[10:45] Lucefear: bye ovy
[10:45] Alert-Info: NAS -18.07 dt
[10:45] WWJDjoe: bye ovy :)
[10:45] Rotorman1: ovy!
[10:45] chep: out IDTI -5
[10:46] hawk: cu ovy
[10:46] El-Kabong: :( chep
[10:46] El-Kabong: sorry
[10:46] WWJDjoe: ouch :( sorry chep
[10:46] dancray: 10:33 ET Juniper Networks (JNPR) 147 11/16 -8 5/16 (-5.3%): -- Update -- SG Cowen reiterates STRONG BUY rating after Ericsson (ERICY) sold about half its interest in Juniper to raise capital in preparation for its 3G wireless initiatives next year. This morning, ERICY sold about 10.4 mln shares of its 19.5 mln stake to institutions raising about $1.3-$1.5 bln.
[10:46] chep: in summa i'm green-open short paid 10
[10:46] apollo2k: great chep
[10:47] chep: copen short=short against box..
[10:48] Alert-Info: NAS -21.73 dt
[10:49] Alert-Info: TICK +199.00 ut
[10:50] Pl8z2win: today is naz test day
[10:50] Alert-Info: NAS -18.33 ut
[10:50] Pl8z2win: if it doesn't pullback much
[10:50] Lucefear: nice PALM bounce
[10:50] Pl8z2win: we should go higher
[10:50] Pl8z2win: in near term future
[10:50] Rotorman1: wife's uncle comming by, talk to all in a bit
[10:51] Alert-Info: TICK +10.00 dt
[10:51] El-Kabong: is that the rich uncle Rotorman1?
[10:52] chep: funding rotorman..
[10:53] Alert-Info: NAS -15.00 ut
[10:54] Lucefear: looking for PALM short scalp
[10:55] Alert-Info: DOW 10808.85 -89.87 NAS 2873.59 -16.21 TICK -77.00 S&P; 1368.47 -8.07
[10:57] Pl8z2win: ARTG was good short...on my list but didn't take it ::(
[10:57] Alert-Info: NAS -10.65 ut
[10:58] Lucefear: ft ut
[10:58] Alert-Info: NAS -7.38 ut
[10:59] Alert-Info: NAS -4.05 ut
[10:59] El-Kabong: guess that waas the extent of the selling
[10:59] Alert-Info: 11:00 AM
[10:59] El-Kabong: we gonna rock again today?
[11:00] dancray: only if you have your electric guitar
[11:00] Alert-Info: NAS -0.13 ut
[11:00] dancray: CIEN 102 again
[11:00] chep: JDSU nice again..
[11:01] bud1: long SEBL
[11:03] Pl8z2win: NEWP...had dec 85 calls..bot at 4 5/8 sold at 12 1/2 now trading 19 3/8 ::(
[11:04] El-Kabong: so pl u made 8 mil instead of 15 mil.....
[11:04] El-Kabong: bad day for ya!
[11:04] apollo2k: lol
[11:04] Lucefear: buying here surprises me a bit
[11:04] Alert-Info: TICK +249.00 ut
[11:05] Pl8z2win: still have some dec 110 calls that went to zero and are now back to even lol
[11:05] Alert-Info: NAS +3.23 ut
[11:05] bud: .............
[11:07] WWJDjoe: have lunch appt., please don't let market make any big moves until I get back. ;)
[11:07] Lucefear: ft ut
[11:07] Alert-Info: NAS +6.69 ut
[11:07] dancray: just an options question for Pl...if you had 100k, how many call contacts could you have purchased of the NEWP at $5
[11:10] Alert-Info: NAS +10.54 ut
[11:10] Alert-Info: DOW 10828.19 -70.53 NAS 2902.25 +12.45 TICK +251.00 S&P; 1373.15 -3.39
[11:10] Pl8z2win: 20,000 if you could get that many...which you couldn't
[11:10] El-Kabong: that's opeion on 2 ml shares
[11:10] Pl8z2win: i usually buy no more than 5 or 10
[11:10] El-Kabong: lol
[11:10] dancray: isn't it 20000 divided by 100 (each contract=100 shares)?
[11:11] dancray: so 20 contracts/
[11:11] dancray: ?
[11:11] Pl8z2win: a contract is 100 shares
[11:11] Pl8z2win: if u pay $5 for the option
[11:11] Alert-Info: TICK +59.00 dt
[11:12] Pl8z2win: oh...you mean 100,000 shares?
[11:12] dancray: no I meant if I had $100 000 dollars to spend on as many contracts as icould buy, would that max me out at buying 20 contracts?
[11:13] Pl8z2win: anyway....if you pay $5 per contract for 100 shares you would get 20,000
[11:13] Pl8z2win: and options on many many shares ::)
[11:13] El-Kabong: that's 2 mil shares
[11:13] Lucefear: BEAS amazing
[11:13] El-Kabong: lol
[11:13] Pl8z2win: yes LOL
[11:13] El-Kabong: u can really move the stock with that
[11:14] Pl8z2win: not really...because you never own the shares
[11:14] El-Kabong: i mean the house will make sure that the stock don't get to the strick price Pl8z2win
[11:14] El-Kabong: lol
[11:14] Pl8z2win: true lol
[11:15] dancray: so really if u have $100 000 and the stock price is $100, you can buy 1000 shares,,,,therefore max CALL contracts you can buy is 20 call contracts at $5 each?
[11:15] Pl8z2win: if u buy 10 contracts and they go from $5 to $10 you've made $5,000
[11:16] dancray: or 10 call contracts because you can only adfford to back up you calls on number of shares
[11:16] dancray: 1000 shares = 10 contracts = $100 000
[11:16] Pl8z2win: you don't need to have the stock value to buy the contracts dancray
[11:16] dancray: ohhh I thought you did...thnks
[11:16] Pl8z2win: all you need is the cost of the option
[11:17] El-Kabong: u go by the price of the option not the price of the stock
[11:17] apollo2k: damn creeper market again
[11:17] Pl8z2win: as the stock price goes up or down the option price follows it
[11:17] apollo2k: PALM almost green that poc
[11:17] Alert-Info: NAS +13.90 ut
[11:17] dancray: so I could really buy 20, 000 $5 call contracts for $100 000
[11:18] Pl8z2win: yes
[11:18] dancray: wow, you could get rich or broke very fast
[11:18] Pl8z2win: if you had money to throw away LOL
[11:18] Alert-Info: NAS +17.57 ut
[11:19] Pl8z2win: QCOM beauty
[11:19] dancray: but why throw away...look at CIEN..stock was $70 a few days ago..now $100...if u had a vision on how it would move up..and you bet on the options..it would be profitable 10 times larger than buying the stock only
[11:19] Lucefear: creeper market
[11:19] dancray: no?
[11:19] Alert-Info: NAS +21.16 ut
[11:19] Lucefear: 10 times risker too dancray
[11:20] dancray: that's why you should only trade options if you have a vision :)
[11:20] bud: out sebl +2
[11:20] dancray: wtg bud
[11:20] bud: heading into doldrums
[11:21] Pl8z2win: options can easily go to zero...good stocks usually don't...yuo buy options for leverage and risk limitation
[11:21] Alert-Info: NAS +24.45 ut
[11:21] chep: i'm in the money with my JDSU calls -no it starts to pay..
[11:21] Pl8z2win: be back in a while
[11:21] Lucefear: ..good stocks usually don't... lol
[11:21] chep: no=now
[11:21] Pl8z2win: wtg chep
[11:22] chep: thnx to u Pl-did recommend to buy them..
[11:22] manta1: wtg chep bud
[11:22] Lucefear: Pl8z2win, what broker you use for options?
[11:22] Pl8z2win: we bot a little high chep
[11:22] Pl8z2win: etrade or mbt
[11:23] chep: yep
[11:23] Lucefear: how is spread in options?
[11:23] Pl8z2win: $25-30 tickets for options
[11:23] Lucefear: years ago I bough my last contract
[11:23] Alert-Info: NAS +20.44 dt
[11:23] Pl8z2win: varies with options luce
[11:23] Pl8z2win: heavily traded like QQQ and CSCO have tight spread
[11:23] chep: datek 9.9$ + 4$
[11:23] Lucefear: sure does, in liquid contracts like JDSU
[11:24] Lucefear: ?
[11:24] Alert-Info: NAS +15.48 dt
[11:24] Lucefear: Dow weak today
[11:24] Pl8z2win: BBL
[11:24] dancray: datek sure has improved in services..now they even have direct routing
[11:24] chep: forget datek for daytrading..
[11:25] dancray: chep I have used them for 3 years..very fast execution on DSL line I have
[11:25] Alert-Info: NAS +10.17 dt
[11:25] Alert-Info: DOW 10802.02 -96.70 NAS 2899.97 +10.17 TICK -110.00 S&P; 1371.85 -4.69
[11:25] dancray: have separate quotes system though
[11:25] Alert-Info: DOW -97.46 dt
[11:25] Alert-Info: TICK -116.00 dt
[11:25] El-Kabong: i heard datek gonna get l2......
[11:25] El-Kabong: L2
[11:25] Lucefear: lol
[11:25] dancray: they have it FREE
[11:25] chep: datek not so bad-but compared to cyber..
[11:26] chep: luce is LOL
[11:26] Lucefear: RFMD not giving up
[11:26] dancray: RFMD wants to dble
[11:27] chep: Datek does not have L2!
[11:27] Alert-Info: NAS +6.84 dt
[11:28] dancray: yes tehy do, chep...as of 10 days ago..looking at it right now
[11:28] dancray: they
[11:28] El-Kabong: cmrc double brested top
[11:28] El-Kabong: lol
[11:28] El-Kabong: breasted
[11:28] Lucefear: lol
[11:28] bud: LOL
[11:28] chep: just buying options with datek & shorting against box..
[11:28] Alert-Info: NAS +3.57 dt
[11:29] Lucefear: what is this good for
[11:29] Lucefear: AMCC pullback
[11:30] chep: hey dancray-don't see any L2-that's just the island book
[11:30] Lucefear: Datek & L2 LOL
[11:30] zuki: no L2 on datek
[11:30] chep: LOL
[11:30] bud: damn SEBL back were i bought knew should have shorted
[11:30] Alert-Info: NAS +0.22 dt
[11:30] Lucefear: what's next, instant order excutions? lol
[11:31] chep: forget datek.. for investors only..
[11:31] El-Kabong: telipathic executions.......
[11:31] chep: LOL
[11:31] dancray: how much are trades at cyber chep?
[11:32] El-Kabong: careful what u think
[11:32] El-Kabong: LOL
[11:32] chep: LOL
[11:32] Alert-Info: NAS -3.20 dt
[11:32] Lucefear: AMAT wol short
[11:33] chep: 5-10/day dancray
[11:33] Alert-Info: DOW -114.52 dt
[11:34] dancray: thnks chep
[11:35] Alert-Info: TICK -299.00 dt
[11:35] Lucefear: missed AMCC, bounced quickly
[11:36] Alert-Info: NAS +0.15 ut
[11:36] Alert-Info: TICK -84.00 ut
[11:37] chep: long some CSCO
[11:37] Alert-Info: NAS +3.57 ut
[11:38] dancray: you shorters may be interested in HAND, lock up ending Dec 17...100 million shares being unlocked..92% of float coming to market..thoughts anyone?
[11:38] El-Kabong: nice
[11:38] El-Kabong: hope they run it into the lock-up
[11:39] apollo2k: u shorters lol
[11:39] apollo2k: guess he means u elk
[11:39] dancray: could see some selling by new shareholders for end of year gains imho
[11:40] El-Kabong: usual pattern on lock up is run up couple days prior ..then tank on and after lock up
[11:40] Alert-Info: DOW 10796.24 -102.48 NAS 2892.89 +3.09 TICK -138.00 S&P; 1370.21 -6.33
[11:41] dancray: dow dragging
[11:41] Alert-Info: NAS -0.34 dt
[11:42] chep: bailed CSCO
[11:42] Alert-Info: NAS -3.76 dt
[11:43] Alert-Info: TICK -266.00 dt
[11:45] Alert-Info: NAS -7.17 dt
[11:47] Alert-Info: NAS -10.45 dt
[11:47] Alert-Info: TICK -87.00 ut
[11:48] Lucefear: nice oscilalltions today
[11:48] Lucefear: BEAS double top
[11:49] dancray: short it here Luce/?
[11:49] Alert-Info: NAS -7.17 ut
[11:49] Lucefear: would wait for next bounce to see strength
[11:50] Lucefear: if it doesn't go far it's a short but have an eye on market action
[11:50] dancray: ok
[11:51] Alert-Info: NAS -3.82 ut
[11:53] Alert-Info: NAS -7.16 dt
[11:55] Alert-Info: DOW 10780.22 -118.50 NAS 2884.36 -5.44 TICK -20.00 S&P; 1368.91 -7.63
[11:55] Lucefear: .
[11:58] dancray: CNBC screwup LOL
[11:59] Alert-Info: 12:00 PM
[12:00] apollo2k: nice selling here
[12:01] Lucefear: must reboot
[12:08] Alert-Info: TICK -57.00 dt
[12:08] Alert-Info: NAS -22.50 ut
[12:08] El-Kabong: cmrc news?
[12:10] Alert-Info: DOW 10778.51 -120.21 NAS 2866.34 -23.46 TICK -72.00 S&P; 1367.13 -9.41
[12:11] El-Kabong: what set off cmrc?
[12:12] Alert-Info: NAS -25.95 dt
[12:12] Alert-Info: DOW -131.96 dt
[12:13] Lucefear: JDSU interesting
[12:13] Lucefear: QCOM interesting
[12:13] Pl8z2win: i stopped playing CMRC a while back...did ok with it, but mm's brutal and got to where i couldn't read it
[12:14] El-Kabong: looked like a bunch of mkt orders came in and poped it
[12:14] El-Kabong: or news.......
[12:14] Alert-Info: NAS -29.91 dt
[12:14] Lucefear: yes, L2 in CMRC is ugly, many games played there
[12:14] Lucefear: see no CMRC news
[12:15] El-Kabong: popped on nice vol
[12:16] Lucefear: looking for QCOM and JDUS scalps with market bottom
[12:16] Lucefear: also CSCO
[12:16] Lucefear: RFMD interesting
[12:17] Alert-Info: TICK +143.00 ut
[12:17] Alert-Info: NAS -25.93 ut
[12:17] Lucefear: ft trying
[12:18] chep: long QCOM
[12:18] Alert-Info: NAS -22.55 ut
[12:19] Lucefear: here we go
[12:19] Alert-Info: DOW -116.80 ut
[12:20] Alert-Info: NAS -18.10 ut
[12:20] Lucefear: ft ut
[12:20] apollo2k: gooo naz
[12:20] chep: move ur ass NAS
[12:23] chep: out QCOM +5/8
[12:25] apollo2k: out PSFT +1
[12:25] Alert-Info: DOW 10784.20 -114.52 NAS 2869.82 -19.98 TICK -9.00 S&P; 1367.69 -8.85
[12:25] chep: nice scalpollo!
[12:25] Alert-Info: TICK -43.00 dt
[12:26] chep: apollo2k quits job..
[12:26] Alert-Info: NAS -21.70 dt
[12:29] Alert-Info: NAS -18.39 ut
[12:30] Pl8z2win: CLTK stubborn short...still in it
[12:38] Alert-Info: NAS -21.77 dt
[12:40] Alert-Info: DOW 10777.37 -121.35 NAS 2869.12 -20.68 TICK -91.00 S&P; 1366.56 -9.98
[12:42] Alert-Info: NAS -18.08 ut
[12:44] Alert-Info: NAS -14.79 ut
[12:52] Alert-Info: TICK -235.00 dt
[12:52] dancray: MCRL fire
[12:53] Alert-Info: TICK -29.00 ut
[12:54] Pl8z2win: luce? what you think for after doldrums?
[12:55] Lucefear: tough question
[12:55] Lucefear: Dow is weak and Nas stronger than I expected
[12:55] El-Kabong: mkt actually holding up well so far......
[12:55] Alert-Info: DOW 10778.51 -120.21 NAS 2874.74 -15.06 TICK -111.00 S&P; 1367.74 -8.80
[12:55] Lucefear: we are near the lows again, if we lose the lows then there is a lot of room to downside
[12:55] Lucefear: but can go either way, dunno
[12:56] Pl8z2win: lets analyze this
[12:56] Lucefear: S&P; looks weak, if Nas Dow and S&P; go lower they might drag Nas down too
[12:56] Pl8z2win: think if we were going to sell off more it would have already happened
[12:57] Pl8z2win: still riding on heavily sold off market
[12:57] Pl8z2win: and yest good news
[12:57] Alert-Info: TICK -205.00 dt
[12:57] Pl8z2win: bad news today was no big deal AAPL..no surprise in that sector
[12:58] Pl8z2win: so now i will look in crystal ball ::)
[12:59] Pl8z2win: crystal ball wants to know how volume is?
[12:59] Lucefear: Nas vol 1,322
[12:59] Lucefear: not bad
[12:59] Pl8z2win: not bad
[12:59] Pl8z2win: hehe
[12:59] Lucefear: could be 2 bln day
[12:59] Alert-Info: 01:00 PM
[13:00] Lucefear: pl is bullish, I know hehe
[13:00] Pl8z2win: crystal ball now wants to know if elka is heavily shorted?
[13:00] Lucefear: lol
[13:00] El-Kabong: contrary indicator Pl8z2win?
[13:00] El-Kabong: lol
[13:00] Lucefear: the kicking-ass indicator
[13:00] chep: El-Kabong playing shorter's blues on guitar..
[13:00] Alert-Info: NAS -18.68 dt
[13:00] El-Kabong: am getting short position , yes Pl8z2win
[13:01] El-Kabong: too many tempting fatties out there
[13:01] Lucefear: still think this market can't hold a +10%day without a pb, but so far still no selling, may break down after lunch
[13:01] El-Kabong: not heavy
[13:01] dancray: 12:55 ET Commerce One (CMRC) 38 3/16 +2 1/16 (+5.7%): Salomon Smith Barney positive on B2B company. Firm expecting a catalyst for the stock in the form of positive news on Covisint auto consortia.
[13:01] El-Kabong: but starting.....
[13:01] El-Kabong: will build up if it goes up.....
[13:02] El-Kabong: hoping for naz run so i can load the pig farm
[13:02] Lucefear: if so, I look for shorts in INTC; MSFT, AMAT; PALM, BVSN
[13:07] El-Kabong: 12:55 ET Commerce One (CMRC) 38 3/16 +2 1/16 (+5.7%): Salomon Smith Barney positive on B2B company. Firm expecting a catalyst for the stock in the form of positive news on Covisint auto consortia
[13:07] dancray: I think El-K has me on ignore :)
[13:08] El-Kabong: lol
[13:08] El-Kabong: didn't see that
[13:08] dancray: that's ok hehe
[13:10] chep: elka bussy sharping knife ..
[13:10] Alert-Info: DOW 10770.55 -128.17 NAS 2870.56 -19.24 TICK -200.00 S&P; 1365.85 -10.69
[13:10] Pl8z2win: crystal ball says no naz run today elka...just some oscillations
[13:10] El-Kabong: ouch enwb
[13:10] El-Kabong: wow
[13:10] El-Kabong: lol
[13:11] El-Kabong: but mkt holding up well......
[13:11] El-Kabong: so far
[13:13] El-Kabong: so who warns tonight?
[13:13] Alert-Info: TICK -28.00 ut
[13:14] chep: go NAS go
[13:15] dancray: bummer 20 yrs in russian prison; wonder if tehy will let him daytrade
[13:15] El-Kabong: lol
[13:15] Lucefear: my crystall ball says: don't expect a rally but keep your stops in shorts
[13:20] apollo2k: snore
[13:21] Alert-Info: TICK -224.00 dt
[13:22] Pl8z2win: look out here
[13:23] Alert-Info: NAS -21.96 dt
[13:23] Pl8z2win: need to hold 2805
[13:23] Alert-Info: NAS -25.26 dt
[13:24] apollo2k: u mean the naz ft
[13:24] Pl8z2win: y
[13:25] Alert-Info: DOW 10770.93 -127.79 NAS 2863.46 -26.34 TICK -298.00 S&P; 1364.72 -11.82
[13:27] Alert-Info: TICK -50.00 ut
[13:29] El-Kabong: how about the naz where is the support Pl8z2win?
[13:29] dancray: 13:25 ET Avici Systems (AVCI) 35 1/4 +3 1/2 (+11%): -- Update -- Technical -- Has remained in a consolidative mode since the early session surge. Intraday will watch support at 34 1/2 - 34. While intact there is potential for another run later in the session. Next resistance is in the 39/40 area.
[13:31] Pl8z2win: you mean intraday or daily?
[13:31] El-Kabong: intr
[13:31] El-Kabong: a
[13:33] Alert-Info: NAS -21.23 ut
[13:33] El-Kabong: sorry daily i mean
[13:34] Pl8z2win: around 2850
[13:34] Pl8z2win: compx
[13:34] El-Kabong: what i thought
[13:40] Alert-Info: DOW 10775.48 -123.24 NAS 2868.25 -21.55 TICK -107.00 S&P; 1365.25 -11.29
[13:43] Alert-Info: NAS -17.90 ut
[13:43] Lucefear: ft ut
[13:44] Lucefear: market not selling
[13:44] Lucefear: -- cleans his crystal ball
[13:44] dancray: CIEN just dropped 2 pts in 10 mins
[13:44] Alert-Info: NAS -14.13 ut
[13:46] dancray: CNBC tips for daytrading dummies
[13:46] Alert-Info: DOW -133.48 dt
[13:46] Lucefear: INKT hod
[13:46] Alert-Info: NAS -17.90 dt
[13:46] dancray: Luce...short INKT too risky?
[13:47] Alert-Info: TICK -255.00 dt
[13:47] Lucefear: Dow drop
[13:47] Alert-Info: DOW -151.68 dt
[13:47] El-Kabong: inkt a piggie ..but can kick ur butt be quick
[13:47] Alert-Info: NAS -22.04 dt
[13:48] Alert-Info: NAS -25.47 dt
[13:48] Alert-Info: DOW -166.85 dt
[13:49] apollo2k: any news ????
[13:49] Alert-Info: NAS -29.92 dt
[13:49] El-Kabong: i hear BAC warning
[13:49] El-Kabong: rumor
[13:49] El-Kabong: now on pr wires
[13:50] Alert-Info: DOW -182.40 dt
[13:50] Lucefear: big ft drop
[13:50] Lucefear: news?
[13:50] Alert-Info: NAS -34.69 dt
[13:50] El-Kabong: yes banc of america warned
[13:50] El-Kabong: that took down dow
[13:50] apollo2k: and?
[13:50] El-Kabong: banks tanking dow
[13:51] Alert-Info: NAS -38.91 dt
[13:51] El-Kabong: yikes man the boats!
[13:51] El-Kabong: children and shorters first!
[13:51] El-Kabong: actuall forget the children.....
[13:52] Alert-Info: NAS -42.61 dt
[13:52] El-Kabong: women and shorters first!
[13:52] Lucefear: lol
[13:52] El-Kabong: lol
[13:52] Alert-Info: DOW -197.56 dt
[13:52] Lucefear: yikes
[13:52] chep: boat alarm?
[13:52] Lucefear: looking for QCOM, INKT long
[13:52] Alert-Info: TICK -446.00 dt
[13:52] Lucefear: and CSCO
[13:53] Alert-Info: DOW -213.49 dt
[13:53] Alert-Info: NAS -46.93 dt
[13:53] Lucefear: wills tick to CSCO, my fav
[13:53] Alert-Info: NAS -50.64 dt
[13:54] Lucefear: quotes delayed, careful
[13:54] Lucefear: arghh
[13:54] El-Kabong: Bank of America (BAC) 40 1/4 -15/16 (-2.3%): Bank holding company guiding down Q4 net to a range of $0.85 to $0.90 a share, well below the current First Call mean of $1.17. BAC says it is experiencing continuing deterioration in credit quality, with nonperforming assets expected to rise 20% from Q3 level.
[13:54] Alert-Info: TICK -774.00 dt
[13:54] Alert-Info: NAS -59.04 dt
[13:54] Lucefear: can't trade, quotes way behind
[13:54] Lucefear: L2 seems ok
[13:55] Alert-Info: DOW 10674.52 -224.20 NAS 2830.96 -58.84 TICK -674.00 S&P; 1353.35 -23.19
[13:56] Alert-Info: TICK -558.00 ut
[13:56] El-Kabong: lol cnbc has no idea why we're selling off.....lol..pikers
[13:56] Lucefear: lol
[13:56] Pl8z2win: always something LOL
[13:56] dancray: CNBC is always behind the ball
[13:56] Alert-Info: TICK -367.00 ut
[13:56] Alert-Info: NAS -55.19 ut
[13:57] El-Kabong: cnbc , now u know why the oil shortage.....
[13:57] Lucefear: come on Nas, bounce
[13:57] dancray: it's that lady with the hair
[13:57] Alert-Info: DOW -197.56 ut
[13:57] El-Kabong: bounce time!!
[13:57] Alert-Info: NAS -51.01 ut
[13:58] Lucefear: ft ut
[13:58] Lucefear: quotes a pain
[13:59] chep: yep
[13:59] Alert-Info: DOW -181.64 ut
[13:59] Alert-Info: NAS -47.71 ut
[13:59] Alert-Info: 02:00 PM
[13:59] Alert-Info: TICK -190.00 ut
[13:59] Lucefear: out CSCO +1/2
[14:00] apollo2k: nice luce
[14:00] Lucefear: my chart shows CSCO still below 52
[14:00] Pl8z2win: dam picked amcc..not bouncing
[14:01] apollo2k: sorry PL
[14:01] apollo2k: murphy this asshead
[14:01] Alert-Info: NAS -44.45 ut
[14:01] Pl8z2win: finally
[14:02] Alert-Info: TICK -7.00 ut
[14:02] Alert-Info: NAS -40.92 ut
[14:03] brucefla: hello all
[14:03] Alert-Info: NAS -45.65 dt
[14:03] El-Kabong: 13:55 ET Bank of America (BAC) : -- Update -- Now sees 2001 earnings of $5.10 to $5.20 vs mean estimate of $5.49. Notes that projections are based on the assumptions of a soft landing for the U.S. economy and no change in the company's business mix..
[14:03] brucefla: hello?
[14:03] El-Kabong: take ur profits from the bounce imo
[14:04] Alert-Info: TICK -183.00 dt
[14:04] brucefla: one of the severl I guess
[14:04] El-Kabong: long will not hold over night.....imo
[14:04] chep: out JDSU + 9/16 quotes a pia-
[14:04] Lucefear: careful with bounce plays on pullbacks here
[14:04] brucefla: GLW hanging in there
[14:04] brucefla: CMOS picking up some steam too
[14:05] Pl8z2win: banks will take it in the shorts next year if economy slows
[14:05] dancray: CIEN selling off
[14:05] brucefla: new user here, doing the 1 week trial, hows it working for you guys/gals?
[14:05] brucefla: new user here, doing the 1 week trial, hows it working for you guys/gals?
[14:05] El-Kabong: how did i miss PPRO!!!
[14:05] Alert-Info: NAS -48.99 dt
[14:06] El-Kabong: having fun brucefla!
[14:07] dancray: GE: Generally Evil
[14:07] El-Kabong: GE fucks!!!
[14:07] brucefla: oops see there is a filter :)
[14:07] El-Kabong: 20 years!
[14:07] dancray: El-K seems kind of excitable
[14:07] Pl8z2win: dow gonna drag naz down
[14:07] Alert-Info: DOW -199.46 dt
[14:08] brucefla: dang
[14:08] El-Kabong: the hudson is an awesome river...one of the most beautiful Rivers in the world....
[14:08] brucefla: I was hoping the naz would make a run to 3000 before retracting
[14:09] El-Kabong: ppro how did we miss that apollo2k!!!!?
[14:10] apollo2k: arrrggghhhh
[14:10] Lucefear: backing away from trades here
[14:10] Lucefear: can go either way, nervous market
[14:10] chep: apollo2k wake up!!
[14:10] apollo2k: stare at my AVCI long
[14:10] Alert-Info: DOW 10695.09 -203.63 NAS 2840.38 -49.42 TICK -154.00 S&P; 1355.78 -20.76
[14:10] apollo2k: lol
[14:10] chep: lol
[14:11] dancray: fix the river you evil monsters; where'e Michael Moore to slap this guy with a dead fish
[14:12] Alert-Info: NAS -45.72 ut
[14:12] manta: BSTI ch 7
[14:13] Lucefear: lol
[14:13] dancray: you go El-K!
[14:13] Alert-Info: NAS -49.60 dt
[14:13] Alert-Info: DOW -183.53 ut
[14:14] El-Kabong: BAC in the dow?
[14:14] apollo2k: no
[14:14] apollo2k: dont think so
[14:14] El-Kabong: okay so its the other financials in the dow then tankin it.....
[14:15] El-Kabong: 14:15 ET Regional Banks : Salomon Smith Barney says it expected bad news from Banc of America (BAC); believes credit quality issues could also extend to ONE, FBF, FTU, CMB. The firm does not expect negative news from WFC or FITB.
[14:15] El-Kabong: ouch
[14:16] chep: new record partial with 1 (one) share!
[14:16] El-Kabong: lol
[14:16] manta: special
[14:16] chep: f%& me dead..
[14:16] Alert-Info: DOW -199.08 dt
[14:17] Pl8z2win: AMCC red
[14:17] Alert-Info: NAS -54.30 dt
[14:18] Alert-Info: NAS -57.81 dt
[14:18] El-Kabong: ciao arba!
[14:18] El-Kabong: bring my piggies with u!
[14:19] Alert-Info: NAS -61.18 dt
[14:19] Lucefear: lol
[14:20] Lucefear: what are you short elk? something new today?
[14:20] El-Kabong: just added cmrc and bvsn
[14:20] El-Kabong: too tempting
[14:20] El-Kabong: to pass up
[14:20] Alert-Info: TICK -360.00 dt
[14:20] Lucefear: ft dt
[14:21] Pl8z2win: dow may give up most of its gains from yest
[14:21] Alert-Info: NAS -65.09 dt
[14:21] El-Kabong: remember ...earnings warning season.......
[14:21] manta: but we're just finishing with Gore
[14:21] El-Kabong: lol
[14:22] El-Kabong: it ain't over til the fatlady sings
[14:22] Lucefear: quotes @!()
[14:22] Alert-Info: DOW -215.39 dt
[14:22] Alert-Info: NAS -69.06 dt
[14:22] chep: Gore is El-Kabong best friend-whenever he talks on TV-market tanks..
[14:22] El-Kabong: not when i was long
[14:22] El-Kabong: LOL
[14:22] chep: LOL
[14:23] Lucefear: ft trying
[14:24] El-Kabong: 14:23 FEDERAL COURT REBUFFS BUSH ON CONSTITUTIONALITY OF FLA. HAND RECOUNTS - MSNBC
[14:24] Alert-Info: NAS -65.13 ut
[14:25] dancray: El-K translate...bad for markets?
[14:25] El-Kabong: means a point for gore
[14:25] El-Kabong: lol
[14:25] El-Kabong: who is keeping score?
[14:25] Alert-Info: DOW 10687.89 -210.83 NAS 2825.73 -64.07 TICK -223.00 S&P; 1353.28 -23.26
[14:25] chep: Elka's best friend..
[14:25] Lucefear: QCOm weak here
[14:25] dancray: a small insignificant loser point; or a massive pivotal turnaround point?
[14:25] El-Kabong: was 45 bush love gore.......
[14:26] dancray: ahh
[14:26] El-Kabong: now 45 bush 15 gore
[14:26] El-Kabong: lol
[14:29] Alert-Info: NAS -69.52 dt
[14:30] Alert-Info: NAS -73.69 dt
[14:30] Alert-Info: DOW -230.55 dt
[14:31] Alert-Info: NAS -78.09 dt
[14:32] dancray: why is Lead2/lead being kicked by control?
[14:32] apollo2k: only lead2
[14:33] apollo2k: we love lead
[14:33] dancray: no really, is lead bad
[14:33] chep: why is JDSU bouncing without me in?
[14:33] lead: got disconnected
[14:33] Lucefear: good QCOM bounce
[14:33] dancray: oh..though you were a troublemaker :)
[14:34] El-Kabong: lead is a trouble maker!
[14:34] Alert-Info: NAS -72.72 ut
[14:34] El-Kabong: a big trouble maker!
[14:34] lead: maybe--lol
[14:34] Pl8z2win: inca holding up CLTK
[14:35] Alert-Info: NAS -77.76 dt
[14:36] Alert-Info: TICK -186.00 ut
[14:36] Alert-Info: NAS -73.97 ut
[14:36] chep: Pl where is NaAS support supposed to be?
[14:37] Lucefear: lead want's to break elk's kick record
[14:37] El-Kabong: no fucken way!
[14:37] apollo2k: lol
[14:37] El-Kabong: shit got kicked again!
[14:37] dancray: lol
[14:37] manta: soh
[14:38] El-Kabong: LOL
[14:38] El-Kabong: ouch
[14:38] Alert-Info: NAS -70.59 ut
[14:38] Lucefear: hehe
[14:38] El-Kabong: hehe
[14:38] Pl8z2win: 2850 chep
[14:39] chep: thnx
[14:39] El-Kabong: can we spell recession?
[14:39] Pl8z2win: shows you what bad news can do to support
[14:39] chep: receSHORTsion
[14:40] Alert-Info: NAS -73.88 dt
[14:40] apollo2k: out AVCI + 3/8 avg
[14:40] Alert-Info: DOW 10669.30 -229.42 NAS 2815.39 -74.41 TICK -190.00 S&P; 1352.36 -24.18
[14:40] apollo2k: that was a long guys
[14:40] Lucefear: nice patience ap!
[14:40] Pl8z2win: this b of a news is no surprise to most and others will follow...if we just knew when!!! lol
[14:41] Alert-Info: NAS -77.54 dt
[14:41] chep: INKT a tough poc.. good pouncer..
[14:41] Alert-Info: DOW -248.75 dt
[14:41] Alert-Info: TICK -496.00 dt
[14:42] dancray: rally cap or crash helmets?
[14:42] Lucefear: no rally imo
[14:42] dancray: thnks
[14:47] Lucefear2: getting intereting in bounce plays
[14:47] Lucefear2: INKT took off alreay
[14:47] dancray: ummm 2 of you?
[14:48] Lucefear2: there is a net split
[14:51] Lucefear: .
[14:51] Lucefear: net stpil
[14:53] Lucefear: nice trade chep!
[14:53] apollo2k: a 300 points rally or a sucker market
[14:53] Alert-Info: NAS -79.10 ut
[14:54] Alert-Info: TICK -134.00 ut
[14:54] chep: bounces..
[14:54] dancray: it's the economy ultimately, and with natural gas going thru the roof...oil prices..earnings slowdown...real question mark if the market can go up...frankly things in the real world do suck...market knows this
[14:54] apollo2k: come on naz move your ..
[14:54] Lucefear: JDSU bounce
[14:54] Lucefear: ft ut
[14:54] Alert-Info: NAS -74.06 ut
[14:55] Alert-Info: DOW -214.63 ut
[14:55] El-Kabong: careful on this bounce
[14:55] El-Kabong: wait for trend reversal
[14:55] El-Kabong: imo
[14:55] Alert-Info: NAS -70.41 ut
[14:55] Alert-Info: DOW 10681.82 -216.90 NAS 2819.39 -70.41 TICK -123.00 S&P; 1353.75 -22.79
[14:55] apollo2k: ralllyyyy
[14:56] chep: over..
[14:56] brucefla: glw slipping
[14:57] Alert-Info: NAS -73.86 dt
[14:59] brucefla: whats this kick stuff?
[14:59] El-Kabong: apollo2k like power
[14:59] El-Kabong: it makes him feel like a man
[14:59] lead: app2--YOU kicked muffy
[14:59] lead: lol
[14:59] apollo2k: hehe
[14:59] Alert-Info: 03:00 PM
[14:59] Alert-Info: 1 hour to market close
[14:59] Alert-Info: TICK -305.00 dt
[15:00] brucefla: so you guys mostly play nas issues?
[15:00] Pl8z2win: welcome back
[15:00] El-Kabong: are there other stocks brucefla?
[15:01] Alert-Info: NAS -69.27 ut
[15:01] Lucefear: ft ut
[15:01] Pl8z2win: AMCC nice scalper
[15:02] Alert-Info: NAS -64.43 ut
[15:02] dancray: I heard there was some other exchange run by old guys in new york, not sure though
[15:02] chep: apollo2k famous soccer player..
[15:02] Lucefear: LOL
[15:02] El-Kabong: nice bounces!
[15:02] apollo2k: apollo2k maximum famous beer drinker
[15:02] apollo2k: lol
[15:02] chep: lol
[15:02] Alert-Info: TICK -132.00 ut
[15:03] apollo2k: hüsnvernichter
[15:03] chep: LOL quit..
[15:04] brucefla: hey apollo, i sell beer and winemaking stuff..... much funn :)
[15:04] El-Kabong: better to drink it
[15:04] El-Kabong: imo
[15:04] El-Kabong: lol
[15:04] chep: synthetic wine?
[15:04] apollo2k: and stocks or?
[15:04] brucefla: yeah yeah
[15:04] brucefla: like SYBD
[15:04] brucefla: synthetic blood
[15:05] dancray: art cashin smart cookie, on CNBC now
[15:06] Alert-Info: NAS -60.37 ut
[15:06] El-Kabong: yeah art cool dude
[15:07] Alert-Info: NAS -63.91 dt
[15:07] dancray: I bet he could tell some stories
[15:07] Alert-Info: TICK -302.00 dt
[15:08] Alert-Info: DOW -229.70 dt
[15:09] Lucefear: QCOM jumpy here but nice sclaper if you can catch it
[15:09] Alert-Info: NAS -68.32 dt
[15:10] Alert-Info: DOW 10659.82 -238.90 NAS 2820.92 -68.88 TICK -363.00 S&P; 1352.96 -23.58
[15:11] El-Kabong: buying or selling eod?
[15:12] chep: CMRC a good bouncer..
[15:12] dancray: i think up from here, but not much
[15:12] chep: selling
[15:14] Alert-Info: TICK -476.00 dt
[15:14] chep: will make a voodoo spell on NAS
[15:14] Alert-Info: NAS -71.80 dt
[15:14] apollo2k: aaahh out AVCI + 1/4
[15:15] apollo2k: hard money today
[15:15] chep: long?
[15:15] dancray: ez come ez go...prefer to work hard, lasts longer
[15:15] Alert-Info: NAS -75.61 dt
[15:16] Alert-Info: DOW -245.53 dt
[15:16] Alert-Info: NAS -79.16 dt
[15:16] El-Kabong: hey we want a re-count of Clinton/Dole !
[15:19] Lucefear: QCOM yikes
[15:19] Lucefear: red
[15:19] chep: long JDSU
[15:20] Lucefear: marekt back at the lows
[15:21] chep: stopped..
[15:22] El-Kabong: 15:22 ET Motorola (MOT) 17 7/8 -1 1/8: -- Update -- Hearing increasing trading floor speculation that MOT will miss its quarter; have also seen weakness this afternoon in MOT suppliers, suggesting that concern about MOT is widespread: AHAA -4 9/16, SAWS -3 15/16, CLTK -7/16, ANAD -1 3/16.
[15:22] apollo2k: feel with u chep
[15:22] apollo2k: scheissdreck
[15:22] Alert-Info: NAS -82.51 dt
[15:23] chep: will keep it with Pl8z2win no trading between 3 and 3:30
[15:23] Alert-Info: TICK -263.00 ut
[15:24] Alert-Info: NAS -85.84 dt
[15:25] Pl8z2win: maybe 3:25 ::)
[15:25] chep: u r right Pl8z2win!
[15:25] Alert-Info: DOW 10652.62 -246.10 NAS 2802.98 -86.82 TICK -159.00 S&P; 1350.10 -26.44
[15:26] Alert-Info: NAS -89.19 dt
[15:26] chep: CMRC nice short!
[15:27] Alert-Info: NAS -93.13 dt
[15:27] Alert-Info: DOW -262.03 dt
[15:28] Alert-Info: TICK -445.00 dt
[15:28] brucefla: fwiw, DNAP has no comments, listing in days, up 30%!
[15:29] chep: long JDSU
[15:29] Alert-Info: 30 minutes to market close
[15:30] apollo2k: 3:30 long AVCI
[15:30] dancray: idiot bloch on cnbc never right, great contrarian indicator
[15:31] brucefla: lol @biotch
[15:32] El-Kabong: all i heard was blah blah blah on cnbc ......anybody else?
[15:33] dancray: the occassional fart as well El-K
[15:33] El-Kabong: hehe
[15:34] Alert-Info: NAS -98.05 dt
[15:36] chep: out JDSU +3/16
[15:36] Lucefear: good chep, doesn't look like it will bounce much
[15:37] chep: yep-waste of risk..
[15:37] Alert-Info: TICK -267.00 ut
[15:38] chep: but cyber making lots of bucks will buy some SCH
[15:38] Lucefear: yeah
[15:38] Lucefear: tell me
[15:38] chep: cyber lot's of new customers..
[15:38] Alert-Info: NAS -104.43 dt
[15:39] WWJDjoe: I like cyber, they finally sent me a hat and t-shirt lol
[15:39] El-Kabong: a hat too?
[15:39] chep: for beta testing?
[15:39] El-Kabong: sheesh
[15:39] El-Kabong: mbt only a tee-shirt!
[15:39] WWJDjoe: yes chep
[15:39] Alert-Info: 20 minutes to market close
[15:39] Lucefear: you got something joe????
[15:39] dancray: Datek sent me a hat after 3 yrs..must have spent over $20k in fees...most expensive hat in the world
[15:39] chep: should hav given me a crash-helmet!
[15:40] WWJDjoe: lol
[15:40] brucefla: does datek work well 4 u?
[15:40] El-Kabong: they should have given Lucefear a rolls royce for his comms.
[15:40] El-Kabong: lol
[15:40] Alert-Info: DOW 10631.01 -267.71 NAS 2784.53 -105.27 TICK -412.00 S&P; 1346.90 -29.64
[15:40] Lucefear: hey should just give me back my half of my commissions
[15:40] Alert-Info: TICK -486.00 dt
[15:41] Alert-Info: NAS -108.30 dt
[15:41] WWJDjoe: sheesh, Luce, you already pay half of what most of us pay... ;)
[15:41] dancray: very good bruce, key is to get DSL and "DaSlinger" (an aftermkt program which acts as the trading screen for Datek)
[15:41] brucefla: there is no dsl in my area yet, (sw fl), bummed ab that
[15:42] Alert-Info: DOW -277.48 dt
[15:42] dancray: what about highspeed cable bruce??
[15:42] brucefla: I guess, but I have a net card and am waiting for sprint to get of its a$$
[15:42] apollo2k: stopped AVCI
[15:42] chep: log INKT
[15:42] Pl8z2win: they did give luce a ballcap ::)
[15:42] Alert-Info: NAS -104.79 ut
[15:42] dancray: I was on wait list 5 months..very crappy
[15:42] apollo2k: look at it now
[15:43] Alert-Info: DOW -259.37 ut
[15:43] Alert-Info: TICK -264.00 ut
[15:43] Alert-Info: NAS -97.58 ut
[15:44] El-Kabong: long jdsu 65
[15:44] Alert-Info: NAS -94.13 ut
[15:44] Pl8z2win: short cover rally here
[15:45] chep: nice catch El-Kabong
[15:45] Lucefear: ft ut
[15:45] Alert-Info: NAS -97.51 dt
[15:45] WWJDjoe: these eod rallys seem to be later and later
[15:45] El-Kabong: out +5/8
[15:46] dancray: wtg elK
[15:46] El-Kabong: a quicky
[15:46] Alert-Info: TICK -64.00 ut
[15:46] brucefla: dang el-k
[15:46] El-Kabong: afternoon quicky
[15:46] Alert-Info: NAS -94.08 ut
[15:46] El-Kabong: hehe
[15:46] chep: perfect Elka-will go long JDSU
[15:46] El-Kabong: should be good to 66 at least
[15:47] Alert-Info: NAS -87.62 ut
[15:47] Alert-Info: DOW -234.72 ut
[15:47] chep: all the little guys buying..
[15:48] El-Kabong: guess not 66.....
[15:48] El-Kabong: mkt is dead
[15:48] Alert-Info: NAS -84.25 ut
[15:48] Alert-Info: TICK +109.00 ut
[15:48] Lucefear: nice bounces
[15:49] Alert-Info: 10 minutes to market close
[15:49] chep: out INKT +5/16
[15:50] Lucefear: good ft ut
[15:50] Lucefear: won't last till close
[15:50] Alert-Info: DOW -219.18 ut
[15:50] Alert-Info: NAS -80.60 ut
[15:52] Alert-Info: NAS -77.07 ut
[15:53] El-Kabong: would exit jdsu longs
[15:54] Alert-Info: NAS -73.80 ut
[15:54] chep: yep ..EL
[15:54] Alert-Info: 5 minutes to market close
[15:54] Lucefear: nice trade elk!
[15:55] Alert-Info: 4 minutes to market close
[15:55] Alert-Info: DOW 10681.82 -216.90 NAS 2816.16 -73.64 TICK +27.00 S&P; 1354.87 -21.67
[15:56] Lucefear: ft pb
[15:56] Lucefear: rally over
[15:56] dancray: for ever?
[15:56] Alert-Info: TICK -92.00 dt
[15:56] Alert-Info: 3 minutes to market close
[15:57] Lucefear: for today ;)
[15:57] dancray: hurray, thanks LuceFear :)
[15:57] Alert-Info: DOW -235.48 dt
[15:57] Alert-Info: NAS -77.27 dt
[15:57] Alert-Info: 2 minutes to market close