The Best Week of 2007 For My Portfolio Positions Me Well For Some Big Gains If This Market Continues To Rally
September 22, 2007 | Leave a Comment
There is no doubt that this has been one of the best weeks of 2007. But what has made this week so much better compared to other good weeks this year is that the stock market is finally acting, in what I would call, a correction fashion according to TA 101. Stocks that are bouncing off the 50 day moving average or breaking out of sound basing patterns are working and continue to rack up gains, instead of just acting hit or miss with the few winners giving us only slightly impressive gains. The stocks that are moving now are moving with very strong momentum and that momentum is helping me make gains that I have been accustomed to. There is no denying that the market from May 2006-July was an odd one with many hits and misses for my style. But now things are back to acting normally. This just goes to prove that you should never give up on a proven sound strategy. I am sure many people got frustrated by this market, despite some stocks making big gains.
Typically, in bull markets, I can find many top performing stocks that race up 100-500% before they finally put in a top. However, recently, with the low VIX, it has become very difficult to find strong stocks that not only perform well but do so without cutting key support levels. It really has been a good market. However, the gains simply were not there like they used to be. That, thankfully, appears to be changing as once again I am finding many new longs and am ALREADY nearly fully invested again. Some would say that could be contrarian. But the problem with that is that I am long a ton of new longs that appear to have a lot of room to run. To go along with that the current longs that I was long before the rally got back underway on August 16 have setup all new big bases for more continued big gains to come. Just go to the end of my weekly post to see how many BIG WINNERS I continue to hold from the previous bullish uptrend. Though the holdings are much smaller than they were, the fact is is that I am still long some nice winners while many are completely back on the sidelines wondering how they have missed another rally.
Stocks Pullback On Lighter Volume, Consolidating Recent Gains
September 21, 2007 | Leave a Comment
There is no market commentary tonight as I had a lot of personal matters to attend to. Luckily, the market did not do much today and pulled back on low volume consolidating the recent gains that we have seen this week. All of my longs and shorts continue to act very well and there were no complete sells or covers tonight, indicating that I am in the right stocks in the right market environment.
Make sure you go over all the longs and the analysis. Somehow, I managed, to get everything done there. Sometime, tomorrow, I would like to go back and updated the longs I selected last Thursday. However, I have said this once already and have failed then so we will see how this goes. Aloha and I will see you in the chat room.
Russell 2000 and Leading Stocks Lead Stocks Higher As Market Builds On Yesterday’s Gains On Higher Volume
September 20, 2007 | Leave a Comment
Today is a victory in my book as all the indexes managed to hang on to positive gains and close green across the board. The clearly most positive development behind the higher prices today, after such a strong move yesterday, was that volume expanded on both the NYSE and on the Nasdaq. And for the first time in a month volume was above the 50 day volume average on the nasdaq. The NYSE still lagged the 50 day volume average. Had prices fallen today and volume picked up, that might have been bearish. But the fact that the indexes were able to hold on to today’s gains, especially after some mid-day selling, was definitely positive.
The best action today came in the form of my personal portfolio. I did better today than even yesterday and can say that out of all of my longs that I am currently holding all of them look very good and all of them are very green. To go along with all my nice holdings, their is the Russell 2000 index just sitting there confirming the strength in this market by its daily price action since August 1st. Overall, the indexes are looking very good, despite the low volume, and the individual charts are looking very good. And proper breakouts from sound patterns are working again! When great chart patterns are being rewarded to even a greater degree than normal, you must take advantage. So until this rally fails, continue to enjoy the charts.
Free Commentary
September 19, 2007 | Leave a Comment
Bronze Commentary
September 19, 2007 | Leave a Comment
Powerful Rally Proves Once Again That Following The Trend Of The General Market Is The Best Way To Make Big Money In The Stock Market
September 19, 2007 | Leave a Comment
Today was, by far, one of the best day I have personally seen in the stock market in around four years. The best thing about it, once again, was that I and many who follow the CANSLIM style were well positioned for this rally. Therefore, today was one of the best days I have had, despite my account not being fully invested. I am still holding some cash waiting for the new leaders to show up, if this market continues to rally.
Everyone knows now that the Fed cut the Fed Fund rate to 4.75 and cut the discount to 5.25. This cut was to help out the economy to make sure that it does not feel the negative pressures from the housing market. The cut also sent the yield curve into a very positive slope. However, going into the meeting everyone and their brother’s mothers were trying to guess how much he was going to cut and how to play it. The great thing about this is that this foolish game of predictions and wild-guesses has proven once again that by following the general trend of the market–which has been up since August 16 and confirmed by an August 29 follow through–and taking your signal in leading stocks, you don’t have to know what he was going to do.
The charts were signaling that we were going higher, so the chances were probably pretty high that no matter what the Fed said, we were going to rally. Many charts are setting up or have broken out of very sound and quiet bases. The low volume rally in the indexes has created some nice bases in some strong stocks. Nothing is for sure to the degree of how long a rally will last. But the fact that so many charts look so strong indicate that more gains should come from today’s market.
Stocks Drift Lower On Lower Volume As Wall Street Awaits The Moment I Could Care Less About
September 18, 2007 | Leave a Comment
All eyes are focused on one thing right now and I don’t believe I have to tell you what that is as I am sure we have all had this news event crammed down our throats 24/7 the past few market sessions. However, it is what it is and the Fed meeting tomorrow is “the one” (aren’t they all?) everyone has been waiting for. This decision is supposed to somehow be market moving and important. But the contrarian in me seems to think that no matter what they say, seriously, the market will not give a crap.
Anyways, the fact that so many people are focused on this event draws me to another question. Why does everyone care so much? Seriously, this doesn’t effect our trading one bit. Somewhere along the way, I have a feeling, some people have been taught to watch the Fed way too closely. Yes, it is important what they say. However, unless you are one of those daytraders who “flip” stocks, I am not sure why we should care what he says. Whatever Ben say simply can not have any meaningful impact on our trading. Let’s say the market sellsoff. Does that mean that I am going to need to sell all my longs. What if the market rallies? Does that mean that I need to jump in and buy something?
The fact that so many are worried about this decision is bullish, in my opinion, no matter how it works out. So many traders expect a selloff–if you don’t believe me, check today’s put/call ratio close at 1.08 for proof–that I doubt we will get what everyone is looking for. However, this rally has come on nothing but low volume, so it is impossible to completely ignore that argument. All great traders know that the best rallies have a lot of volume to them. This rally is completely absent of accumulation, despite some stocks showing great accumulation.
Stocks Ticked Higher Ending A Very Quiet Yet Bullish Week For Stocks; Here Comes The Fed
September 16, 2007 | Leave a Comment
Another excellent and bullish intraday reversal followed what was a very weak opening. This continues a pattern in the stock market since the August 16 lows, where a lower gap before the opening bell is bought by investors and bid higher almost all day long. Ugly beginnings of the trading day that end like this are a sign of a healthy market, not a bearish market. Even though volume remains completely absent, the price action speaks for itself as it is the final TRUTH in the stock market–not your opinions.
The light volume this week was blamed on Rosh Hashana but somehow I doubt Rosh Hash had anything to do with the low volume this week as that has been all that we have seen the past month. Despite the low volume, the Dow led the way, jumping 2.5% for the week. The NYSE composite ramped up 2%. The S&P 500 climbed 2.1% and the Nasdaq 1.4%.
This low volume rally has left MANY people on the sidelines scratching their head as they watch new breakout move higher and higher and watch leading stocks continue to hit all-time highs. This goes back to the same argument I have been making since I can remember. The trend is your friend. Rather on low volume or high volume, if you get stocks breaking out of sound bases on high volume, you need to just ignore the low volume overall in the market and take your signals. By passing on your signals, I AM SURE, a lot of you have missed out on some big gains.
Big-Cap And Leading Stocks Lead The Market Higher As The Jewish New Year Holiday Rosh Hashana Keeps Volume Light
September 14, 2007 | Leave a Comment
I apologize for not being able to go into detailed analysis. There were a lot of personal issues I had to deal with today-the most important being a visit from my nurse for my multiple sclerosis. I had to learn how to inject myself. This and other issues will cause me to keep my analysis short. I will be in a normal routine tomorrow. Mahalo, with a TON of Aloha, for understanding.
Here is today’s chat. This should offer some good insight into today’s and this week’s market.
2007.09.13 00:05:46] MAHKET: aloha
[2007.09.13 00:05:57] MAHKET: white line is RS
[2007.09.13 00:06:14] david322: aloha mahkey
[2007.09.13 00:06:16] david322: mahket
[2007.09.13 00:06:23] MAHKET: whats shaken my good man
[2007.09.13 00:35:57] MAHKET: I am headed down to beantown
[2007.09.13 00:40:27] david322: gold heading south
[2007.09.13 00:40:30] david322: daily swing high in place
[2007.09.13 00:40:35] MAHKET: nice
[2007.09.13 00:40:45] david322: ought to drift lower for a few days before the next strong rally kicks off
[2007.09.13 00:40:57] david322: $10 under my last exit and under my original exits now
[2007.09.13 00:41:22] david322: I’m breathing a little easier, and I’ve got some buys in at 697-702
[2007.09.13 00:41:51] MAHKET: lol
[2007.09.13 00:44:03] MAHKET: aloha
[2007.09.13 02:21:59] yoni: david
[2007.09.13 02:40:07] david322: yni
[2007.09.13 02:40:11] david322: YGE doing well
[2007.09.13 02:44:39] yoni: you in this
[2007.09.13 02:44:53] david322: yes
[2007.09.13 02:45:08] david322: CELG, YGE, HMSY, MHJ, OMCL
[2007.09.13 02:51:10] david322: http://countrywide-foreclosures.blogspot.com/
[2007.09.13 03:05:00] yoni: just had a massive anti-trust debate with my uncle
[2007.09.13 03:11:19] david322: ??
[2007.09.13 03:11:33] david322: I’m pro-trust personally
[2007.09.13 03:13:13] yoni: pro-tyranny
[2007.09.13 03:13:14] yoni: 0;
[2007.09.13 03:13:53] david322: lol
[2007.09.13 03:13:59] david322: pro-gold
[2007.09.13 03:14:10] david322: gold even got a mention in todays market commentary!
[2007.09.13 03:14:28] david322: you got any buys today yoni?
[2007.09.13 03:15:05] yoni: no
[2007.09.13 03:21:34] david322: any sells?
[2007.09.13 03:21:38] yoni: no
[2007.09.13 03:21:39] david322: or you not active at the mo
[2007.09.13 03:21:47] yoni: holding ONXX, ASTI, BIDU
[2007.09.13 03:29:28] sidehatch: Morning all
[2007.09.13 03:29:51] david322: when did you buy bidu yoni?
[2007.09.13 03:29:55] david322: hi sidehatch
[2007.09.13 03:30:20] yoni: yesterday
[2007.09.13 03:30:22] yoni: 
[2007.09.13 03:31:59] yoni: just pyramided some more
[2007.09.13 03:34:44] david322: I did notice its chart today
[2007.09.13 03:34:49] david322: looks like yet another breakout lol
[2007.09.13 03:35:01] david322: filled on MHJ
[2007.09.13 03:35:13] david322: why did that post then
[2007.09.13 03:35:16] david322: stupid thing
[2007.09.13 03:36:22] david322: CTEC halted?
[2007.09.13 03:36:45] sidehatch: ctec acquired by Inverness this morning
[2007.09.13 03:36:53] david322: bollocks!
[2007.09.13 03:36:56] sidehatch: started in june
[2007.09.13 03:37:08] david322: what price?
[2007.09.13 03:38:15] sidehatch: http://www.forbes.com/feeds/ap/2007/09/13/ap4113677.html
[2007.09.13 03:39:00] david322: 21.19
[2007.09.13 03:39:42] david322: surprised maui didn’t pick up on that
[2007.09.13 03:41:29] vivek1263: LOH
[2007.09.13 03:41:39] vivek1263: ALOHA
[2007.09.13 03:41:48] vivek1263: cannot type today
[2007.09.13 03:42:04] vivek1263: Holding on to SHOO
[2007.09.13 03:42:13] vivek1263: for more drop
[2007.09.13 03:43:53] sidehatch: Aloha Vivek
[2007.09.13 03:44:05] vivek1263: aloha
[2007.09.13 03:44:12] vivek1263: how are you sidehatch
[2007.09.13 03:45:40] sidehatch: Im well just updating my fills for this morning
[2007.09.13 03:45:47] sidehatch: How are you doing today
[2007.09.13 03:49:03] david322: what did you trade today sidehatch?
[2007.09.13 03:50:15] sidehatch: lifc…coulda waited a few min…and added mhj
[2007.09.13 03:53:38] Market Speculator: aloha
[2007.09.13 03:53:40] david322: aloha
[2007.09.13 03:54:31] sidehatch: Aloha
[2007.09.13 03:54:40] Market Speculator: what is the story this morning
[2007.09.13 03:54:44] vivek1263: MHJ has a horrible bid ask
[2007.09.13 03:55:07] vivek1263: i refuse to pay up for anything in this tape
[2007.09.13 03:55:35] vivek1263: 30 cent bid ask srpead is a jke
[2007.09.13 03:55:37] vivek1263: joke
[2007.09.13 03:56:22] Market Speculator: i have my long meeting form 10-1
[2007.09.13 03:56:24] Market Speculator: will be on after
[2007.09.13 03:56:27] Market Speculator: aloha!
[2007.09.13 03:56:56] vivek1263: aloha mahkt
[2007.09.13 03:57:14] Market Speculator: aloha vivek
[2007.09.13 03:57:20] vivek1263: aloha Mahket
[2007.09.13 03:57:22] Market Speculator: sorry to run but meeting starting earlier than I though
[2007.09.13 03:57:36] vivek1263: i will be there in the afternoon
[2007.09.13 03:57:41] vivek1263: and part of this morning
[2007.09.13 03:58:25] david322: 6c on mhj now
[2007.09.13 03:58:41] sidehatch: walkin the dog…bb
[2007.09.13 03:58:52] david322: I got 12.78 fill at open
[2007.09.13 04:03:05] vivek1263: HMSY back in its saddle
[2007.09.13 04:03:13] vivek1263: YGE sucks
[2007.09.13 04:10:04] david322: http://www.marketoracle.co.uk/Article2111.html
[2007.09.13 04:10:54] david322: nassy not doing too well
[2007.09.13 04:16:09] vivek1263: yep David
[2007.09.13 04:19:55] david322: the more I watch the more I’m sure the USD is in serious trouble
[2007.09.13 04:20:01] vivek1263: MHJ volatile
[2007.09.13 04:20:23] vivek1263: it all depends on the economy
[2007.09.13 04:20:44] vivek1263: if rate cuts restores confidence in the economy
[2007.09.13 04:20:50] vivek1263: the dollar could rally
[2007.09.13 04:20:58] david322: it’s a foregone conclusion, if they cut rates there’s no way the USD will rally lol
[2007.09.13 04:21:07] david322: not when the other CB’s are holding or even raising
[2007.09.13 04:21:15] vivek1263: not necessarily
[2007.09.13 04:21:25] david322: USD will be parity with CAD within the month 
[2007.09.13 04:21:43] vivek1263: they can then hae one currency
[2007.09.13 04:21:49] vivek1263: just like the eurt
[2007.09.13 04:21:53] vivek1263: euro
[2007.09.13 04:22:03] david322: lol, I can’t see canada agreeing to that
[2007.09.13 04:22:37] david322: the us monetary policy is as loose as a hooker in amsterdam
[2007.09.13 04:22:45] vivek1263: LOL
[2007.09.13 04:23:03] vivek1263: because they drop money from the helicopter
[2007.09.13 04:23:24] david322: helicopter ben
[2007.09.13 04:28:39] vivek1263: Nazzy holding on to support at 50dma
[2007.09.13 04:28:53] vivek1263: SPX hitting reistance at 50dma
[2007.09.13 04:33:25] david322: and up we go
[2007.09.13 04:34:19] david322: crude trying to hold 80
[2007.09.13 05:00:56] david322: lol MHJ
[2007.09.13 05:01:25] brd5: david, yes, I was out of town for the last week
[2007.09.13 05:01:29] brd5: but I am long gold
[2007.09.13 05:01:36] david322: via GLD?
[2007.09.13 05:01:50] brd5: physical
[2007.09.13 05:01:58] david322: wow, congratulations are in order
[2007.09.13 05:02:07] david322: so you’re not worried about these short term moves then
[2007.09.13 05:02:14] david322: simply the longer term outlook
[2007.09.13 05:02:18] brd5: correct
[2007.09.13 05:02:39] brd5: it’s a hedge, I guess
[2007.09.13 05:02:50] david322: while I took some harsh criticism for my last trade on it, I did so in order to settle my finances that have been outstanding for some time
[2007.09.13 05:02:57] david322: hence my profit taking
[2007.09.13 05:03:12] david322: now these are settled, I can enter into a position I intend on holding for some months
[2007.09.13 05:04:00] brd5: market had a point about if you’re in the US, who cares if the dollar falls. but if you can hold some of your value, why not do that?
[2007.09.13 05:04:09] david322: correct
[2007.09.13 05:04:22] david322: imagine your prospects to travel if you get 3:1 against the euro
[2007.09.13 05:04:47] david322: the thing is when this happens you start to encourage immigration and people bringing wealth into your country
[2007.09.13 05:04:57] david322: so the borders will loosen imo, but that is many years away
[2007.09.13 05:05:09] brd5: yeah, my wife and I were thinking about a EuroTrip, but that was one reason we decided to postpone it
[2007.09.13 05:06:40] david322: 50dma and trend line resistance here, a breakout would be quite bullish particularly on a closing basis
[2007.09.13 05:24:06] david322: strong like bull
[2007.09.13 05:45:38] david322: the volatility on crude at the moment is tremendous, whipping around 30-50c every few minutes
[2007.09.13 06:57:09] MauiTrader: over at gf house
[2007.09.13 06:57:18] MauiTrader: sorry for the disconnect
[2007.09.13 06:57:27] MauiTrader: going to have to leave here in a bit and go home soon
[2007.09.13 06:57:28] MauiTrader: also
[2007.09.13 06:59:14] sidehatch: Aloha Maui
[2007.09.13 07:00:38] MauiTrader: aloha sidehatch
[2007.09.13 07:00:44] MauiTrader: how are you today?
[2007.09.13 07:00:52] sidehatch: Good and you?
[2007.09.13 07:02:25] MauiTrader: good
[2007.09.13 07:02:40] MauiTrader: wiosh i took JRJC
[2007.09.13 07:02:47] MauiTrader: but besides that good!
[2007.09.13 07:03:11] sidehatch: heh same
[2007.09.13 07:05:10] MauiTrader: volume seems even lighter today
[2007.09.13 07:05:15] MauiTrader: aloha vivek
[2007.09.13 07:05:31] vivek1263: aloha Josh
[2007.09.13 07:05:52] vivek1263: another nothing day
[2007.09.13 07:05:59] MauiTrader: Rosh Hashana holiday
[2007.09.13 07:06:05] MauiTrader: going to be dead rest of week
[2007.09.13 07:06:26] vivek1263: anothe day you could spare yourself of the comentary i would guess
[2007.09.13 07:07:39] vivek1263: bulls roaming free
[2007.09.13 07:08:28] MauiTrader: lol
[2007.09.13 07:08:29] MauiTrader: yeah
[2007.09.13 07:08:34] MauiTrader: maybe i will post something though
[2007.09.13 07:08:42] MauiTrader: did last nights post?
[2007.09.13 07:08:49] MauiTrader: cause i made one
[2007.09.13 07:09:25] MauiTrader: http://www.investorsparadise.com/mauitrader/category/daily-market-analysis/
[2007.09.13 07:09:39] MauiTrader: i cant remember when the last time was i didnt do one
[2007.09.13 07:10:49] MauiTrader: I have to admit the strength doesn’t feel very logical to me, and that makes it much tougher for me to do much buying. On the other hand, I’m not going to fight it. The bulls obviously are in charge right now and there isn’t any immediate catalyst to turn the tide.-Rev Shark
[2007.09.13 07:11:06] Market Speculator: aloha broddah
[2007.09.13 07:11:31] Market Speculator: volume is lighter today
[2007.09.13 07:12:11] vivek1263: well nothing new so to speak mahket
[2007.09.13 07:12:17] MauiTrader: why did i get out of CLDA? UGH
[2007.09.13 07:12:22] vivek1263: that is how all the rallies have been
[2007.09.13 07:13:03] MauiTrader: MHJ 
[2007.09.13 07:13:10] MauiTrader: nice stock
[2007.09.13 07:13:20] MauiTrader: another JRJC type there maybe
[2007.09.13 07:13:37] Market Speculator: a bit more extreme
[2007.09.13 07:13:49] MauiTrader: FXC a great ETF
[2007.09.13 07:13:53] MauiTrader: canadian dollar
[2007.09.13 07:14:03] Market Speculator: EURUSD holding
[2007.09.13 07:14:15] MauiTrader: yes
[2007.09.13 07:14:20] MauiTrader: ok i got to go back to my place
[2007.09.13 07:14:24] MauiTrader: it iwll take 20 minutes
[2007.09.13 07:14:25] MauiTrader: aloha
[2007.09.13 07:14:28] Market Speculator: an object will remain in motion, until an equal and opposite force acts upon it
[2007.09.13 07:14:30] Market Speculator: aloha
[2007.09.13 07:24:00] Market Speculator: http://ricflairfinance.com/
[2007.09.13 07:24:19] vivek1263: good no vol rally
[2007.09.13 07:24:24] vivek1263: go Nazzy go
[2007.09.13 07:24:29] vivek1263: to all time highs
[2007.09.13 07:24:39] Market Speculator: Nazzy has a ways
[2007.09.13 07:24:44] Market Speculator: before hitting all time highs
[2007.09.13 07:25:47] vivek1263: if you bought those Q mahket
[2007.09.13 07:25:58] vivek1263: it might push it into record territory
[2007.09.13 07:26:13] Market Speculator: hmmm
[2007.09.13 07:26:24] Market Speculator: Q?
[2007.09.13 07:26:29] Market Speculator: or QQQQ
[2007.09.13 07:26:35] vivek1263: yes
[2007.09.13 07:26:58] vivek1263: low vol easy to move things around
[2007.09.13 07:27:29] vivek1263: irrational exuberence
[2007.09.13 07:27:59] Market Speculator: all time high for the QQQQ is 120.5
[2007.09.13 07:28:13] Market Speculator: 3/24/00
[2007.09.13 07:31:20] vivek1263: Aloha ORK
[2007.09.13 07:31:24] vivek1263: long time
[2007.09.13 07:31:29] Market Speculator: aloha ork
[2007.09.13 07:35:22] vivek1263: i am expecting sell the fed news
[2007.09.13 07:35:31] vivek1263: especially if they cut 25bps
[2007.09.13 07:35:44] vivek1263: which is what everyone is expecting
[2007.09.13 07:35:44] Market Speculator: probably
[2007.09.13 07:35:59] Market Speculator: 100% priced into the eurodollar futures
[2007.09.13 07:36:39] vivek1263: if we do not get the sell the news
[2007.09.13 07:36:51] vivek1263: the short covering could be very significant
[2007.09.13 07:37:29] Market Speculator: i’d love to see FOMC do one of two things
[2007.09.13 07:37:32] Market Speculator: not cut rates
[2007.09.13 07:37:37] Market Speculator: or cut them by 100bps
[2007.09.13 07:37:41] Market Speculator: just to see the fireworks
[2007.09.13 07:37:49] vivek1263: that would make the reaction very simple
[2007.09.13 07:38:06] Market Speculator: very fun to watch
[2007.09.13 07:38:13] vivek1263: a huge selloff after a 25bps cut and then a big rally to end the day
[2007.09.13 07:38:20] vivek1263: would be a nice roller coaster
[2007.09.13 07:38:50] vivek1263: both those options have a close to zero percent chance of happening
[2007.09.13 07:39:32] vivek1263: Ben has no balls
[2007.09.13 07:39:41] vivek1263: he is a dove
[2007.09.13 07:39:59] vivek1263: maybe he will prove something to the market
[2007.09.13 07:40:05] vivek1263: by holding pat
[2007.09.13 07:40:27] vivek1263: but then the Politicians will lynch him
[2007.09.13 07:40:39] Market Speculator: ppl are getting irrational about the situation
[2007.09.13 07:40:39] vivek1263: so he will just go with the flow
[2007.09.13 07:40:48] Market Speculator: Gold pricing in a rate cut
[2007.09.13 07:40:53] Market Speculator: more dollars into the system
[2007.09.13 07:40:53] vivek1263: and cut 25bps and make everyone happy
[2007.09.13 07:40:58] Market Speculator: chasing fewer goods
[2007.09.13 07:41:00] Market Speculator: inflationi
[2007.09.13 07:41:10] vivek1263: helicopter dropoff of dollars
[2007.09.13 07:41:22] vivek1263: maybe i will look at the skies on tuesday
[2007.09.13 07:41:28] vivek1263: to see if some blow my way
[2007.09.13 07:42:19] Aloha! You are in the MauiTraders Lounge.
[2007.09.13 07:42:19] MauiTrader has entered the room “MauiTrader Lounge”
[2007.09.13 07:42:22] Market Speculator: aloha
[2007.09.13 07:42:26] MauiTrader: aloha
[2007.09.13 07:42:28] MauiTrader: ok back
[2007.09.13 07:42:29] MauiTrader: at home
[2007.09.13 07:42:33] MauiTrader: and in my saddle
[2007.09.13 07:42:56] Market Speculator: i am in the most uncomfortable chair ever right now
[2007.09.13 07:43:15] MauiTrader: lol
[2007.09.13 07:43:19] MauiTrader: mine is pretty comfy
[2007.09.13 07:43:23] MauiTrader: could be alot better though
[2007.09.13 07:43:49] orkiter: hey what up….been busy…..quickly saw the mkt is up today….
[2007.09.13 07:43:57] MauiTrader: hey hey ork
[2007.09.13 07:46:44] orkiter: wow, stuff up prety good…..i noticed you sure have been picking up some lots of low volume stocks
[2007.09.13 07:47:02] vivek1263: my longs not responding to the strength in the indices
[2007.09.13 07:47:05] MauiTrader: huh?
[2007.09.13 07:47:08] MauiTrader: low volume stocks
[2007.09.13 07:47:12] MauiTrader: oh low avg. daily volume?
[2007.09.13 07:47:14] MauiTrader: yes
[2007.09.13 07:47:18] MauiTrader: take what it gives me
[2007.09.13 07:47:21] MauiTrader: i dont care about the volume
[2007.09.13 07:47:23] orkiter: yes
[2007.09.13 07:47:28] MauiTrader: as long as i get a good fill
[2007.09.13 07:47:30] MauiTrader: with limits
[2007.09.13 07:47:34] MauiTrader: been using a lot of buy limits
[2007.09.13 07:47:37] MauiTrader: recently
[2007.09.13 07:48:48] orkiter: seems like quite few people are saying stay on sidelines til after the fed…..
[2007.09.13 07:50:11] MauiTrader: TONS!!!
[2007.09.13 07:50:21] daviscal has entered the room “MauiTrader Lounge”
[2007.09.13 07:50:21] MauiTrader: that is why they are missing out on such good gains here
[2007.09.13 07:50:25] MauiTrader: it i s amistake
[2007.09.13 07:50:27] MauiTrader: aloha davis
[2007.09.13 07:50:28] orkiter: it always seems dumb to wait til after fed…..its rarely becomes much of an event it seems, just creates intraday volatility but mkt seems to rarely be surprised by the fed news…….fed doesnt like to surprise, they want calm
[2007.09.13 07:50:40] daviscal: hello everyone, morning from SF
[2007.09.13 07:50:40] MauiTrader: SLP nice saucer with handle
[2007.09.13 07:50:46] MauiTrader: cup with handle
[2007.09.13 07:50:48] MauiTrader: whatever
[2007.09.13 07:51:05] daviscal: HMSY is soooooooooooooo hot
[2007.09.13 07:51:13] MauiTrader: lol
[2007.09.13 07:51:14] MauiTrader: yes
[2007.09.13 07:51:26] MauiTrader: MCD too
[2007.09.13 07:51:33] MauiTrader: amazing breakout on HUGE volume
[2007.09.13 07:51:40] MauiTrader: past three days
[2007.09.13 07:52:01] vivek1263: Large cap high dividend good international exposure play
[2007.09.13 07:52:04] MauiTrader: do you know how many ppl were calling this a FOR SURE short in July
[2007.09.13 07:52:08] yoni: YEAH
[2007.09.13 07:52:12] yoni: SLP
[2007.09.13 07:52:28] MauiTrader: shows you why i dont like shorting early
[2007.09.13 07:52:46] MauiTrader: wait for it to fail the moving averages a few times bvefore going short or else MCD is what usually ahppens
[2007.09.13 07:53:01] MauiTrader: i never saw WRLS becoing such a strong stock either
[2007.09.13 07:53:23] Market Speculator: i have a great article from michael lews
[2007.09.13 07:53:25] Market Speculator: lewis
[2007.09.13 07:53:31] Market Speculator: will be posting it soon
[2007.09.13 07:53:34] Market Speculator: need to finish it
[2007.09.13 07:54:05] MauiTrader: btw, obviously everyone knows about CTEC right?
[2007.09.13 07:54:44] yoni: something about a buyout comes up in my mind
[2007.09.13 07:54:54] MauiTrader: we are already long the stock
[2007.09.13 07:54:56] MauiTrader: that got it
[2007.09.13 07:54:58] MauiTrader: IMA
[2007.09.13 07:56:59] MauiTrader: mahket
[2007.09.13 07:57:02] MauiTrader: you there?
[2007.09.13 07:57:17] Market Speculator: yeah
[2007.09.13 07:57:21] Market Speculator: posted the article
[2007.09.13 07:57:46] MauiTrader: ok
[2007.09.13 07:57:49] MauiTrader: so what did you do today
[2007.09.13 07:57:51] Market Speculator: gotta post the follow up
[2007.09.13 07:57:54] MauiTrader: when you went top go buy
[2007.09.13 07:57:56] Market Speculator: big meeting maui
[2007.09.13 07:57:56] MauiTrader: CTEC
[2007.09.13 07:57:58] MauiTrader: for the port
[2007.09.13 07:58:32] Market Speculator: i did it this morning at 6am
[2007.09.13 07:58:32] MauiTrader: uh oh
[2007.09.13 07:58:41] MauiTrader: so you dont knwo what happened?
[2007.09.13 07:58:46] Market Speculator: so it may not have been executed
[2007.09.13 07:58:46] MauiTrader: well you neeed to let me know
[2007.09.13 07:58:48] Market Speculator: acquired
[2007.09.13 07:58:52] MauiTrader: i need to know if it is IMA
[2007.09.13 07:58:55] Market Speculator: just saw it
[2007.09.13 07:58:56] MauiTrader: or if it is nothing
[2007.09.13 07:59:01] Market Speculator: yeah
[2007.09.13 07:59:04] Market Speculator: will do
[2007.09.13 07:59:05] MauiTrader: let me know
[2007.09.13 07:59:07] MauiTrader: thank you
[2007.09.13 07:59:12] daviscal: what is “IMA”?
[2007.09.13 07:59:18] MauiTrader: a stock
[2007.09.13 07:59:19] MauiTrader: lol
[2007.09.13 07:59:21] MauiTrader: that i am long
[2007.09.13 07:59:24] Market Speculator: In My Account
[2007.09.13 07:59:26] MauiTrader: that took CTEC
[2007.09.13 07:59:27] Market Speculator: lol
[2007.09.13 07:59:42] MauiTrader: lo
[2007.09.13 07:59:46] MauiTrader: doesn’t deserve the last L
[2007.09.13 08:00:01] Market Speculator: dumb joke
[2007.09.13 08:00:08] daviscal: lol
[2007.09.13 08:00:08] Market Speculator: the commute took me awhile this morning
[2007.09.13 08:00:16] Market Speculator: 3 hour meeting
[2007.09.13 08:00:23] Market Speculator: i’m a little off my rocker
[2007.09.13 08:00:31] MauiTrader: ol
[2007.09.13 08:00:51] vivek1263: CFSG
[2007.09.13 08:00:59] vivek1263: strong
[2007.09.13 08:01:09] vivek1263: anything china
[2007.09.13 08:01:13] vivek1263: is too hot
[2007.09.13 08:02:13] Market Speculator: Didn’t execute Maui
[2007.09.13 08:03:05] MauiTrader: yeah
[2007.09.13 08:03:14] MauiTrader: i updated folks on the port holdings in the forums
[2007.09.13 08:03:20] Market Speculator: nice
[2007.09.13 08:05:30] Market Speculator: read those two articles I just posted
[2007.09.13 08:05:32] Market Speculator: please
[2007.09.13 08:07:17] MauiTrader: first one down
[2007.09.13 08:07:21] MauiTrader: i agree with it basically
[2007.09.13 08:07:23] MauiTrader: it is true
[2007.09.13 08:07:26] MauiTrader: sadly it is true
[2007.09.13 08:07:28] MauiTrader: my other idea
[2007.09.13 08:07:35] MauiTrader: before we pay welfare taxes and distribute moeny
[2007.09.13 08:07:41] MauiTrader: ALL welfare recipients
[2007.09.13 08:07:45] MauiTrader: MUST pass a drug teset
[2007.09.13 08:07:53] MauiTrader: if we have to pass a drug test to work
[2007.09.13 08:07:55] Market Speculator: not just one
[2007.09.13 08:08:03] Market Speculator: multiple ones
[2007.09.13 08:08:05] MauiTrader: they should have to pass a drug test to get my drug free money
[2007.09.13 08:08:09] Market Speculator: quarterly
[2007.09.13 08:08:21] MauiTrader: but I live on Maui, so don’t come areound here!
[2007.09.13 08:08:25] MauiTrader: NO ONE WILL PASS!!!
[2007.09.13 08:08:35] MauiTrader: 3% will get a welfare check
[2007.09.13 08:09:53] Market Speculator: there you go
[2007.09.13 08:09:58] Market Speculator: only 3% will get it
[2007.09.13 08:10:03] Market Speculator: and not waste it on drugs
[2007.09.13 08:10:41] Market Speculator: i am sure that a lot of ppl wouldn’t get their drug testing
[2007.09.13 08:10:53] Market Speculator: Treasury Department says federal deficit running 9.8 percent lower than in the last budget year… Developing…
[2007.09.13 08:11:19] Market Speculator: author and his pigeon friend http://www.dailymail.co.uk/pages/live/articles/news/worldnews.html?in_article_id=481601&in_page_id=1811
[2007.09.13 08:13:11] MauiTrader: good articles
[2007.09.13 08:13:34] MauiTrader: LOLOL
[2007.09.13 08:13:37] MauiTrader: that is funny
[2007.09.13 08:29:18] MauiTrader: ack
[2007.09.13 08:29:21] MauiTrader: took a shower
[2007.09.13 08:29:23] MauiTrader: no talking
[2007.09.13 08:29:26] MauiTrader: Rosh Hashanah
[2007.09.13 08:29:28] MauiTrader: quiet
[2007.09.13 08:29:41] MauiTrader: Yoni, have you been keeping in contact with your parents?
[2007.09.13 08:40:07] Market Speculator: sorry
[2007.09.13 08:40:25] Market Speculator: was away for a bit
[2007.09.13 08:44:14] Market Speculator: Greg Oden to miss this season due to his knee surgery
[2007.09.13 08:45:26] MauiTrader: damn
[2007.09.13 08:45:27] axman6 has entered the room “MauiTrader Lounge”
[2007.09.13 08:46:12] Market Speculator: aloha
[2007.09.13 08:46:18] axman6: aloha
[2007.09.13 08:46:40] MauiTrader: aloha axman!!
[2007.09.13 08:46:47] axman6: hey Maui
[2007.09.13 08:47:04] axman6: SNDA follow thru from yesterday
[2007.09.13 08:47:15] axman6: vol is shy
[2007.09.13 08:47:49] MauiTrader: yeah and chart had problems
[2007.09.13 08:47:54] MauiTrader: so i passed on it
[2007.09.13 08:47:58] MauiTrader: it was once one of my potential
[2007.09.13 08:48:00] MauiTrader: HUGE winners
[2007.09.13 08:48:04] MauiTrader: but then August happened
[2007.09.13 08:48:21] MauiTrader: the setup in June was near perfect
[2007.09.13 08:48:25] MauiTrader: but dang nab it
[2007.09.13 08:48:25] axman6: I hear you
[2007.09.13 08:48:28] MauiTrader: August
[2007.09.13 08:48:48] MauiTrader: i just went back to 1950 there
[2007.09.13 08:48:50] MauiTrader: lol
[2007.09.13 08:48:58] axman6: lol
[2007.09.13 08:49:01] MauiTrader: “dnag nab it”
[2007.09.13 08:49:03] MauiTrader: wtf?????
[2007.09.13 08:49:15] MauiTrader: anyways
[2007.09.13 08:49:28] MauiTrader: anyways i expect better
[2007.09.13 08:49:34] MauiTrader: from chart patterns like that
[2007.09.13 08:49:37] axman6: sure
[2007.09.13 08:49:39] MauiTrader: but we are late in this long rally
[2007.09.13 08:49:56] MauiTrader: NOTHING EVER surprises me anymore
[2007.09.13 08:49:56] Market Speculator: very late
[2007.09.13 08:49:59] axman6: definitely
[2007.09.13 08:49:59] MauiTrader: yes
[2007.09.13 08:50:01] Market Speculator: but we can go longer
[2007.09.13 08:50:15] axman6: Need Vol on the upside
[2007.09.13 08:50:16] MauiTrader: heck yeah
[2007.09.13 08:50:18] MauiTrader: soon
[2007.09.13 08:50:20] MauiTrader: it would seem
[2007.09.13 08:50:22] MauiTrader: yes
[2007.09.13 08:50:30] MauiTrader: another month of low vo.lume rally
[2007.09.13 08:50:36] MauiTrader: i just don’t see how that could turn out good
[2007.09.13 08:50:41] MauiTrader: but ANYTHING can happen i guess
[2007.09.13 08:50:50] MauiTrader: as long as BIDU keeps climbing
[2007.09.13 08:50:55] MauiTrader: and RIMM
[2007.09.13 08:50:59] MauiTrader: i am a bull
[2007.09.13 08:51:00] yoni has left the room (logged out)
[2007.09.13 08:51:06] Market Speculator: what a great stock
[2007.09.13 08:51:09] Market Speculator: BIDU
[2007.09.13 08:51:12] MauiTrader: RIMM up 78% since the bo in May
[2007.09.13 08:51:16] MauiTrader: DANG NAB IT!
[2007.09.13 08:51:21] axman6: BIDU I’m in
[2007.09.13 08:51:33] MauiTrader: why i didn’t buy that RIMM breakout
[2007.09.13 08:51:36] MauiTrader: should be a crime
[2007.09.13 08:51:41] MauiTrader: on 5/9
[2007.09.13 08:51:47] MauiTrader: someone should have shot me
[2007.09.13 08:51:50] MauiTrader: or yelled at me
[2007.09.13 08:51:57] MauiTrader: “hey, what are you doing punk??”
[2007.09.13 08:51:59] Market Speculator: YOU SUCK
[2007.09.13 08:52:03] MauiTrader: right
[2007.09.13 08:52:20] MauiTrader: why did i pass on that?
[2007.09.13 08:52:24] MauiTrader: the red in the base
[2007.09.13 08:52:29] MauiTrader: i must have skipped right past it
[2007.09.13 08:52:32] MauiTrader: not looking at ticker
[2007.09.13 08:52:38] MauiTrader: symbol and name of company
[2007.09.13 08:52:44] Market Speculator: GOOG holding onto its 50dma
[2007.09.13 08:52:44] MauiTrader: not anymore
[2007.09.13 08:53:00] MauiTrader: weekly of GOOG
[2007.09.13 08:53:02] Market Speculator: chart first
[2007.09.13 08:53:04] MauiTrader: shows you have good it is
[2007.09.13 08:53:07] MauiTrader: despite low volume
[2007.09.13 08:53:40] Market Speculator: holding nonetheless
[2007.09.13 08:55:01] Market Speculator: AAII BULL 40.00
[2007.09.13 08:55:08] Market Speculator: AAII BEAR 35.29
[2007.09.13 08:55:40] MauiTrader: still mixed
[2007.09.13 08:57:38] Market Speculator: yep
[2007.09.13 08:57:44] Market Speculator: AAII a bit more volitile
[2007.09.13 08:57:58] MauiTrader: a bit???
[2007.09.13 08:57:59] MauiTrader: lol
[2007.09.13 08:58:03] MauiTrader: understatement of the day
[2007.09.13 08:58:25] Market Speculator: sorry maybe we should
[2007.09.13 08:58:40] Market Speculator: designate italics as sarcasm
[2007.09.13 09:01:50] MauiTrader sent a picture:
[2007.09.13 09:01:52] MauiTrader: HOW CUTE!!!!
[2007.09.13 09:01:57] MauiTrader: ahhhhhhhhhhhhhh
[2007.09.13 09:02:11] Market Speculator: author and his gf
[2007.09.13 09:03:06] MauiTrader: Earlier this year a pig adopted a tiger cub and raised him along with her piglets because his mother couldn’t feed him.
And in 2005 a baby dear named Mi-Lu befriended lurcher Geoffrey at the Knowsley Animal Park in Merseyside after she was rejected by her mother.
[2007.09.13 09:03:14] MauiTrader: lololol
[2007.09.13 09:03:43] MauiTrader: I LOVE animals
[2007.09.13 09:03:48] MauiTrader: every city i go to i try to go to the zoo
[2007.09.13 09:04:03] Market Speculator: i actually feel for those in a zoo
[2007.09.13 09:04:05] Market Speculator: being trapped
[2007.09.13 09:04:13] MauiTrader: some of them yes
[2007.09.13 09:04:16] MauiTrader: but out in the wild
[2007.09.13 09:04:19] MauiTrader: most get killed
[2007.09.13 09:04:23] MauiTrader: so i am ok with it
[2007.09.13 09:04:30] MauiTrader: most are better treated at zoo
[2007.09.13 09:04:32] MauiTrader: but yes
[2007.09.13 09:04:34] Market Speculator: pochers and what not
[2007.09.13 09:04:39] MauiTrader: i agree
[2007.09.13 09:04:43] MauiTrader: it must suck being in a cage
[2007.09.13 09:04:52] MauiTrader: but like the birds at the Westin
[2007.09.13 09:04:56] MauiTrader: when they fly away
[2007.09.13 09:04:59] MauiTrader: they always come back
[2007.09.13 09:05:05] MauiTrader: or when the ppl go get them
[2007.09.13 09:05:11] MauiTrader: they have no problem getting back on the arm
[2007.09.13 09:05:17] MauiTrader: they taste a little freedom
[2007.09.13 09:05:21] MauiTrader: then they realize they aren’t ready
[2007.09.13 09:05:27] MauiTrader: then they come back, LOL
[2007.09.13 09:05:34] MauiTrader: the blue bird used to fly away all the time
[2007.09.13 09:05:39] Market Speculator: and come back
[2007.09.13 09:05:42] MauiTrader: but after a while they would always get him back
[2007.09.13 09:05:43] MauiTrader: YES
[2007.09.13 09:05:44] Market Speculator: knows where its fed
[2007.09.13 09:05:44] MauiTrader: every time
[2007.09.13 09:05:50] MauiTrader: it didn’t always come back
[2007.09.13 09:05:55] MauiTrader: sometimes they had to go get it
[2007.09.13 09:05:59] MauiTrader: but it still let them take it
[2007.09.13 09:06:06] MauiTrader: they didn’t have to cage it up
[2007.09.13 09:06:11] MauiTrader: just put it on his arm
[2007.09.13 09:06:16] MauiTrader: walked it back to hotel
[2007.09.13 09:06:20] Market Speculator: that is funny
[2007.09.13 09:06:31] Market Speculator: but knows its treated well
[2007.09.13 09:06:37] MauiTrader: it has to
[2007.09.13 09:06:42] MauiTrader: you would think
[2007.09.13 09:06:47] MauiTrader: but maybe it doesn’t
[2007.09.13 09:09:12] Market Speculator: THIS IS where we belong
[2007.09.13 09:09:18] Golf Romeo has entered the room “MauiTrader Lounge”
[2007.09.13 09:09:25] MauiTrader: Aloha Sir GF
[2007.09.13 09:09:32] MauiTrader: GR
[2007.09.13 09:09:35] Market Speculator: SR GR
[2007.09.13 09:09:40] Market Speculator: SIR
[2007.09.13 09:09:44] Golf Romeo: hey
[2007.09.13 09:10:11] MauiTrader: how is everything going?
[2007.09.13 09:10:42] Golf Romeo: well got about 10 days but whos couting lol
[2007.09.13 09:10:46] MauiTrader: lol
[2007.09.13 09:10:48] MauiTrader: YOU ARE
[2007.09.13 09:11:15] Golf Romeo: 10 more days and im coming home lol how are you guys doing?
[2007.09.13 09:11:27] MauiTrader: we are doing very well
[2007.09.13 09:11:37] MauiTrader: i believe
[2007.09.13 09:11:46] MauiTrader: market is treating us well despite the low volume
[2007.09.13 09:11:55] Golf Romeo: thats good
[2007.09.13 09:11:58] MauiTrader: only problem right now is listening to our politicians
[2007.09.13 09:12:10] MauiTrader: try to act like they know more than Gen. Patraeus
[2007.09.13 09:12:17] Golf Romeo: yes i stopped listening a long time ago
[2007.09.13 09:12:19] MauiTrader: but that is the great ‘ol USA
[2007.09.13 09:12:21] MauiTrader: FUCK em
[2007.09.13 09:12:22] MauiTrader: bro
[2007.09.13 09:12:26] Golf Romeo: yep yep
[2007.09.13 09:12:26] MauiTrader: jokesters
[2007.09.13 09:12:28] MauiTrader: all of em
[2007.09.13 09:14:49] MauiTrader: GR, where is home, btw?
[2007.09.13 09:14:58] todd has entered the room “MauiTrader Lounge”
[2007.09.13 09:15:03] MauiTrader: aloha todd!!
[2007.09.13 09:15:13] todd: aloha
[2007.09.13 09:15:26] todd: great week for my stocks
[2007.09.13 09:15:27] Market Speculator: aloha toddly
[2007.09.13 09:15:35] MauiTrader: FFH woke up, darn. of course
[2007.09.13 09:15:41] MauiTrader: tee doddly toddly
[2007.09.13 09:15:44] todd: aloha
[2007.09.13 09:15:47] todd: lol
[2007.09.13 09:15:50] MauiTrader: LOL
[2007.09.13 09:15:58] MauiTrader: INXI flattening out
[2007.09.13 09:15:59] MauiTrader: nice
[2007.09.13 09:16:08] MauiTrader: might poke it here
[2007.09.13 09:16:29] MauiTrader: you get MHJ?
[2007.09.13 09:16:30] Market Speculator: i love the cartoon of the day for IBD Editorials
[2007.09.13 09:16:45] MauiTrader: i know
[2007.09.13 09:16:47] MauiTrader: can you post it
[2007.09.13 09:16:48] MauiTrader: somehow
[2007.09.13 09:16:53] MauiTrader: make it a jpeg
[2007.09.13 09:17:02] MauiTrader: http://www.ibdeditorials.com/cartoons.aspx
[2007.09.13 09:17:21] todd: i don’t have MHJ
[2007.09.13 09:17:32] Market Speculator: No Idea how to do that
[2007.09.13 09:17:48] todd: HMSY very nice
[2007.09.13 09:17:54] MauiTrader: oh yeah
[2007.09.13 09:17:56] MauiTrader: heck yeah
[2007.09.13 09:17:57] Golf Romeo: Hey was afk originally from Ofallon MO and moving to CA
[2007.09.13 09:18:05] todd: FALC starting to act right
[2007.09.13 09:18:21] todd: CAJ short workin it
[2007.09.13 09:18:23] MauiTrader: wow SU breakout
[2007.09.13 09:18:26] MauiTrader: no stopping that
[2007.09.13 09:18:33] MauiTrader: damn i didnt get fileld on CAJ
[2007.09.13 09:18:38] MauiTrader: no CAJ
[2007.09.13 09:18:40] MauiTrader: for me
[2007.09.13 09:18:49] Market Speculator: where in Cali?
[2007.09.13 09:18:55] MauiTrader: looks like the chart is getting bullish
[2007.09.13 09:19:04] MauiTrader: right i rmeember the O Fallon
[2007.09.13 09:19:08] MauiTrader: wasnt sure if there anymore
[2007.09.13 09:19:12] Golf Romeo: Between San Fransico and Sacramento
[2007.09.13 09:19:15] MauiTrader: moving to CA!! Very smart
[2007.09.13 09:19:18] Market Speculator: nice
[2007.09.13 09:19:21] MauiTrader: stay out of SF
[2007.09.13 09:19:26] MauiTrader: freaks and nuts
[2007.09.13 09:19:30] MauiTrader: just go there to party
[2007.09.13 09:19:34] Market Speculator: I like the Walnut Creek area
[2007.09.13 09:19:56] MauiTrader: i can’t believe the whole USA doesn’t live on the west coast, to be honest
[2007.09.13 09:19:57] MauiTrader: lolol
[2007.09.13 09:20:18] MauiTrader: CTEC would be up 2% today if not for the merger
[2007.09.13 09:20:25] MauiTrader: IMA up
[2007.09.13 09:20:26] Golf Romeo: I cant wait only thing is wish thier where better beaches in Northern CA
[2007.09.13 09:20:36] Market Speculator: that is tough
[2007.09.13 09:20:39] MauiTrader: yeah
[2007.09.13 09:20:41] MauiTrader: and it is cold
[2007.09.13 09:20:42] Market Speculator: beaches aren’t the thing in N. Cali
[2007.09.13 09:20:44] MauiTrader: my friend lives in SF
[2007.09.13 09:20:50] MauiTrader: works for all the sports teams
[2007.09.13 09:20:55] MauiTrader: one of my best friends
[2007.09.13 09:20:56] Market Speculator: does he surf?
[2007.09.13 09:20:58] Golf Romeo: nice
[2007.09.13 09:20:59] MauiTrader: used to
[2007.09.13 09:21:00] Market Speculator: at Mavericks?
[2007.09.13 09:21:03] MauiTrader: after moving to SF
[2007.09.13 09:21:04] MauiTrader: nope
[2007.09.13 09:21:12] MauiTrader: too cold the water
[2007.09.13 09:21:18] Market Speculator: wetsuit
[2007.09.13 09:21:21] MauiTrader: yes
[2007.09.13 09:21:23] MauiTrader: thick!!
[2007.09.13 09:21:32] Golf Romeo: and Great whites lol
[2007.09.13 09:21:34] Market Speculator: lots of great whites lurk
[2007.09.13 09:21:36] Market Speculator: yes
[2007.09.13 09:21:37] MauiTrader: yeah
[2007.09.13 09:21:38] MauiTrader: tons
[2007.09.13 09:21:39] MauiTrader: !!
[2007.09.13 09:21:40] Market Speculator: no thanks
[2007.09.13 09:21:45] Market Speculator: all the seals
[2007.09.13 09:21:48] MauiTrader: you don’t have to worry about that out in Hawaii
[2007.09.13 09:21:57] Market Speculator: Just tigers in HI
[2007.09.13 09:22:04] MauiTrader: and they aren’t that bad
[2007.09.13 09:22:06] MauiTrader: only seen one
[2007.09.13 09:22:09] MauiTrader: in person
[2007.09.13 09:22:11] Market Speculator: no thanks
[2007.09.13 09:22:14] MauiTrader: and that was EARLY morning
[2007.09.13 09:22:15] Golf Romeo: Im going to go thier some day soon hopefully
[2007.09.13 09:22:22] MauiTrader: you got a place to stay, at least
[2007.09.13 09:22:25] MauiTrader: i will put you up
[2007.09.13 09:22:29] Market Speculator: stay w/maui
[2007.09.13 09:22:33] Market Speculator: lol
[2007.09.13 09:22:41] Golf Romeo: lol i appreciate it
[2007.09.13 09:22:44] MauiTrader: i’ll teach you one on one stocks for free
[2007.09.13 09:22:50] MauiTrader: then go surf
[2007.09.13 09:22:55] MauiTrader: then send you out on the town
[2007.09.13 09:22:56] MauiTrader: lolol
[2007.09.13 09:23:06] Golf Romeo: Learning stocks and surfing in HI
[2007.09.13 09:23:15] MauiTrader: dude, it is the best!!!
[2007.09.13 09:23:31] MauiTrader: from St. Louis/Union to NYC to heaven
[2007.09.13 09:23:35] MauiTrader: Heaven
[2007.09.13 09:23:48] orkiter: CFC….so much for buy the dip
[2007.09.13 09:24:00] MauiTrader: who wanted to do that?
[2007.09.13 09:24:05] MauiTrader: i think it was nflteaser
[2007.09.13 09:24:08] MauiTrader: or was that COF
[2007.09.13 09:24:14] MauiTrader: either way
[2007.09.13 09:24:20] MauiTrader: nflteaser has been gone from here way too long
[2007.09.13 09:24:27] MauiTrader: he has completely forgotten how to trade
[2007.09.13 09:24:30] MauiTrader: seriously!
[2007.09.13 09:24:34] orkiter: not here but articles saying CFC is fine and just drew is credit line to alieve fears…..
[2007.09.13 09:24:57] Market Speculator: sure
[2007.09.13 09:25:00] MauiTrader: and i though author would have internet by now
[2007.09.13 09:25:04] MauiTrader: but nflteaser
[2007.09.13 09:25:08] MauiTrader: needs to get back in the game
[2007.09.13 09:25:14] MauiTrader: before he forgets how to make money
[2007.09.13 09:25:19] MauiTrader: and starts doing that dumb shit again
[2007.09.13 09:25:24] MauiTrader: bottom fishing
[2007.09.13 09:25:39] orkiter: in fact regional director of CFC spoke to our realtors and said no big deal CFC is fine only laid off 1% of workforce but then the next day CFC announced layoff of 60k……….lol, “so much for insider knowledge” lol
[2007.09.13 09:25:52] MauiTrader: wow
[2007.09.13 09:25:53] MauiTrader: lol
[2007.09.13 09:25:54] Market Speculator: lol
[2007.09.13 09:25:55] MauiTrader: there you go
[2007.09.13 09:25:56] MauiTrader: classic
[2007.09.13 09:25:57] Market Speculator: that is real bad
[2007.09.13 09:26:02] orkiter: yeah i was laughing when i saw the headlines
[2007.09.13 09:26:06] MauiTrader: the insiders thave no clue
[2007.09.13 09:26:13] MauiTrader: accounting called him up
[2007.09.13 09:26:17] MauiTrader: and he was probably like shit
[2007.09.13 09:26:21] MauiTrader: or he knew it anyways
[2007.09.13 09:26:34] MauiTrader: probably was completely out of the loop
[2007.09.13 09:26:44] MauiTrader: obviously
[2007.09.13 09:26:45] Market Speculator: probably completely out of the loop
[2007.09.13 09:26:55] Market Speculator: didn’t know anything
[2007.09.13 09:27:02] MauiTrader: everything is fine!!!
[2007.09.13 09:27:06] Market Speculator: probably a guy who name drops
[2007.09.13 09:27:11] Market Speculator: to try to get his way with things
[2007.09.13 09:27:14] orkiter: just a robot in the corporate ladder….
[2007.09.13 09:27:26] Market Speculator: yes sir
[2007.09.13 09:27:33] Market Speculator: shutting down here a few mins to head home
[2007.09.13 09:27:36] orkiter: ceo been unloading millions of shares all yr
[2007.09.13 09:27:46] MauiTrader: realy?
[2007.09.13 09:27:47] MauiTrader: damn
[2007.09.13 09:27:48] MauiTrader: wow
[2007.09.13 09:27:51] MauiTrader: interesting
[2007.09.13 09:28:29] orkiter: yeah cfc ceo comments are a rollar coaster……..1 month good, next month sky falling.
[2007.09.13 09:28:32] Market Speculator: Gold rebounded from its lows
[2007.09.13 09:29:45] vivek1263: cfc shorts getting hammered today
[2007.09.13 09:29:56] orkiter: check it out, the selling…..http://finance.yahoo.com/q/it?s=CFC
[2007.09.13 09:30:28] MauiTrader: DAYAm!!!!
[2007.09.13 09:30:34] MauiTrader: nice cash flow!!!
[2007.09.13 09:30:36] MauiTrader: damn!!!
[2007.09.13 09:30:37] MauiTrader: wow
[2007.09.13 09:30:43] MauiTrader: oh i am in the wrong business
[2007.09.13 09:30:47] MauiTrader: i will see you boys later!!!!
[2007.09.13 09:30:49] MauiTrader: yeah right!
[2007.09.13 09:31:04] MauiTrader: hedge fund manager that is where it is at
[2007.09.13 09:31:11] MauiTrader: pro athlete? No thanks
[2007.09.13 09:31:18] vivek1263: Mazello probably owns 10 shares now!!
[2007.09.13 09:31:24] Market Speculator: lol
[2007.09.13 09:31:30] MauiTrader: no no
[2007.09.13 09:31:33] vivek1263: good time to unload
[2007.09.13 09:31:33] MauiTrader: he listened to Cramer
[2007.09.13 09:31:34] MauiTrader: 1 share
[2007.09.13 09:31:39] Market Speculator: lol
[2007.09.13 09:31:42] Market Speculator: lol
[2007.09.13 09:31:43] MauiTrader: seriously though that is good
[2007.09.13 09:31:48] vivek1263: maybe he is shorting CFC
[2007.09.13 09:31:49] MauiTrader: would rather have one share of BRKA
[2007.09.13 09:31:54] MauiTrader: instead of 100000 CFC
[2007.09.13 09:32:09] Market Speculator: ok fellas
[2007.09.13 09:32:12] Market Speculator: i am outta here
[2007.09.13 09:32:17] Market Speculator: going to fight traffic
[2007.09.13 09:32:20] Market Speculator: yipee
[2007.09.13 09:32:23] Market Speculator: aloha
[2007.09.13 09:32:25] orkiter: well he did found the co…….1 of the benefits of turning something into the industry leader….he deserves to get paid but should shut his mouth saying bus. is good when the real estate been dropping since 2005
[2007.09.13 09:32:28] Market Speculator has left the room (logged out)
[2007.09.13 09:32:35] MauiTrader: aloha
[2007.09.13 09:32:41] MauiTrader: yes he does ork
[2007.09.13 09:32:42] vivek1263: day traders rally
[2007.09.13 09:32:43] MauiTrader: i remember
[2007.09.13 09:32:44] MauiTrader: someone
[2007.09.13 09:32:53] MauiTrader: talking to another hardcore dem on Fox News or CNBC
[2007.09.13 09:32:54] vivek1263: pump and dump
[2007.09.13 09:32:55] MauiTrader: and they asked him
[2007.09.13 09:33:02] MauiTrader: well dont you think it is fair to pay the GE boss
[2007.09.13 09:33:06] MauiTrader: at least 1% of profits
[2007.09.13 09:33:11] MauiTrader: the guy said yes one percent
[2007.09.13 09:33:15] MauiTrader: the othe rguy was really!
[2007.09.13 09:33:18] MauiTrader: cause if we did that
[2007.09.13 09:33:20] MauiTrader: instead of making
[2007.09.13 09:33:24] MauiTrader: $300 million
[2007.09.13 09:33:27] MauiTrader: the guy would have made
[2007.09.13 09:33:28] orkiter: yeah i would rather be a hedge fund manager……rather than all the corporate junk………..i wish i made a living trading so could be a loner and not have to deal with annoying clients
[2007.09.13 09:33:30] MauiTrader: $4.6 billion
[2007.09.13 09:33:42] vivek1263: but there are no profits in that company
[2007.09.13 09:33:51] MauiTrader: which one?
[2007.09.13 09:33:53] MauiTrader: CFC
[2007.09.13 09:33:55] MauiTrader: oh
[2007.09.13 09:33:55] vivek1263: GE
[2007.09.13 09:34:05] MauiTrader: .52 a share
[2007.09.13 09:34:20] MauiTrader: ok 1% of sales
[2007.09.13 09:34:20] vivek1263: debt is too much
[2007.09.13 09:34:24] MauiTrader: 42 billion in sales
[2007.09.13 09:34:32] MauiTrader: 232% debt
[2007.09.13 09:34:33] MauiTrader: yes
[2007.09.13 09:34:42] vivek1263: all the income goes to the unions
[2007.09.13 09:36:00] orkiter: i been hearing that GE debt hype, should be rated junk stuff for 5years……in fact article on front page of IBD jsut read on wed talking about how GE was underfunded pensions and would need bailout is now 119% funded……….
[2007.09.13 09:36:21] MauiTrader: nice
[2007.09.13 09:36:24] MauiTrader: excellent
[2007.09.13 09:38:45] orkiter: good ol pensions…….had a tile guy other day get irate because i needed his SS# to file 1099….and he said i cant because it will hurt the benefits i am recieving from my police pension………….i swear pensions create a sense of entitlement…..i was like hey we have to report it and we get audited
[2007.09.13 09:39:43] orkiter: ok, im done…….i hear enough of this stupid pension stuff from my wife who is a teacher….she is required to be in the pension and have fee taken out for her check
[2007.09.13 09:42:34] MauiTrader: wow
[2007.09.13 09:42:35] MauiTrader: lol
[2007.09.13 09:42:36] MauiTrader: wow
[2007.09.13 09:42:39] MauiTrader: no that is interesting
[2007.09.13 09:42:43] MauiTrader: you have to be kidding me
[2007.09.13 09:43:04] MauiTrader: wow
[2007.09.13 09:43:46] orkiter: many subcontractors dont want income reported…..but i claim the expense so that i can write it off, i could be fined for not reporting the 1099
[2007.09.13 09:43:53] MauiTrader: right
[2007.09.13 09:43:55] MauiTrader: of course
[2007.09.13 09:43:57] orkiter: just like service industry
[2007.09.13 09:44:04] orkiter: people dont want to pay taxes
[2007.09.13 09:44:46] orkiter: and trust me some contractors make more than me or most people i know…..especially electrians,
[2007.09.13 09:45:14] MauiTrader: year-over-year growth in nonfarm payroll employment peaked last year and has rolled over ever since, mimicking the downtrends going into the 1990 and 2001 recessions. (See chart below.)
[2007.09.13 09:45:36] MauiTrader: Expect this downtrend to steepen. The August report didn’t even cover major job cuts announced recently by the financial sector. A weak jobs report again in September could signal very weak third-quarter GDP growth — or even outright decline.
[2007.09.13 09:45:38] orkiter: falc trading some real volume above 11now
[2007.09.13 09:45:48] MauiTrader: There are other signs, including slumping consumer confidence, that the U.S. economy isn’t as “fundamentally strong” as Fed officials insist it is.
[2007.09.13 09:46:06] MauiTrader: They’re still worried more about inflation than recession, but they’re at odds with NABE forecasters. In the latest survey, 60% cite recession as the economy’s major risk over the next year.
Instead of admitting they’ve been wrong, they seem to be circling the wagons.
[2007.09.13 09:46:26] MauiTrader: After last Friday’s job report, Lockhart removed the line we quoted above from an otherwise identical speech he gave to another group on Monday. Now he says the employment numbers should be evaluated alongside “recently positive” retail sales reports when it comes to gauging the overall health of the economy and the need for Fed easing.
[2007.09.13 09:46:31] orkiter: yikes too many people expecting a recession…..60%
[2007.09.13 09:46:37] MauiTrader: Dallas Fed President Richard Fisher was also stubbornly sanguine: “The economy appears to be weathering the storm thus far.”
[2007.09.13 09:47:03] MauiTrader: no that isnt ppl
[2007.09.13 09:47:09] MauiTrader: that is NABE forecasters
[2007.09.13 09:47:20] orkiter: even worse…economists are negative………..lol
[2007.09.13 09:47:39] MauiTrader: Fisher and Lockhart, like Fed Chairman Ben Bernanke, have expressed little support for a fed funds cut — to be its first in three years after 17 rate hikes that ended in June 2006 — going into next Tuesday’s FOMC meeting.
[2007.09.13 09:47:53] MauiTrader: “Caution may cause some observers to argue that the central bank is insufficiently pre-emptive in its actions,” Lockhart said. “But I believe the Fed’s longer-term objectives are well served by a deliberate and measured response to financial market turbulence.”
He added that the Fed will “do everything possible to avoid” a recession.
Let’s hope they didn’t already miss their chance.
[2007.09.13 09:47:56] MauiTrader: i will post the chart
[2007.09.13 09:48:44] orkiter: if fed didnt cut that certainly be a surprise…………even my coworkers are saying hey did you know the fed is going to be cutting rates so it means rates will go down…..i just roll my eyes and say uh-huh
[2007.09.13 09:48:57] MauiTrader: lol
[2007.09.13 09:49:09] MauiTrader: http://www.investorsparadise.com/forum/m-1167700465/s-480/#num490
[2007.09.13 09:49:14] MauiTrader: and for today’s market
[2007.09.13 09:49:17] MauiTrader: look at the chart above
[2007.09.13 09:49:24] MauiTrader: if a recession hits we are MONTHS away
[2007.09.13 09:49:25] MauiTrader: but for now
[2007.09.13 09:49:31] MauiTrader: as the chart above the chart i just posted shows
[2007.09.13 09:49:34] MauiTrader: we have bottomed
[2007.09.13 09:51:41] MauiTrader: ork, i dont see you on the forums looking at the chart
[2007.09.13 09:52:22] vivek1263: trash rally ends in the trash can
[2007.09.13 09:53:21] MauiTrader: nice!
[2007.09.13 09:55:11] orkiter: just looked….but looks like already bounced out of that oversold reading area
[2007.09.13 09:55:35] orkiter: long ways from overbought though
[2007.09.13 09:55:45] orkiter: where u get that chart…..secret
[2007.09.13 09:56:08] MauiTrader: IBD
[2007.09.13 09:56:13] MauiTrader: oh that chart
[2007.09.13 09:56:15] MauiTrader: the other one
[2007.09.13 09:56:21] MauiTrader: realmoney.com
[2007.09.13 09:56:25] MauiTrader: two new guys on the site
[2007.09.13 09:56:48] matt p has entered the room “MauiTrader Lounge”
[2007.09.13 09:56:52] orkiter: oh i jsut saw the farm chart….
[2007.09.13 09:57:19] orkiter: i kind of dont pay a whole lot of attention to the gov’t stats…
[2007.09.13 09:57:48] MauiTrader: aloha mattp!
[2007.09.13 09:57:50] orkiter: but that chart is interesting
[2007.09.13 09:57:56] matt p: Aloha
[2007.09.13 09:58:00] MauiTrader: gov’t statistics
[2007.09.13 09:58:01] MauiTrader: you better
[2007.09.13 09:58:03] MauiTrader: they dont change
[2007.09.13 09:58:08] MauiTrader: same chart will exist
[2007.09.13 09:58:10] MauiTrader: till end of time
[2007.09.13 09:58:14] MauiTrader: you better start paying atttention
[2007.09.13 09:58:20] MauiTrader: cause if you would have paid attention to GDP
[2007.09.13 09:58:26] MauiTrader: which is a “gov number”
[2007.09.13 09:58:39] MauiTrader: you would know which economies shoudl be invested in and which shouldnt
[2007.09.13 09:58:44] MauiTrader: if you really dont trust those numbers
[2007.09.13 09:58:49] MauiTrader: you got a problem
[2007.09.13 09:58:53] MauiTrader: because DONT YOU RELAIZE
[2007.09.13 09:58:57] MauiTrader: that if they were just “made up”
[2007.09.13 09:59:00] MauiTrader: every damn president
[2007.09.13 09:59:04] MauiTrader: would make it look good
[2007.09.13 09:59:08] MauiTrader: there would be NO recessions
[2007.09.13 09:59:13] MauiTrader: there would be NO jobless growth
[2007.09.13 09:59:18] MauiTrader: there would be no negative GDP growth
[2007.09.13 09:59:22] MauiTrader: so they revise
[2007.09.13 09:59:25] MauiTrader: big fucking deal
[2007.09.13 09:59:25] orkiter: anyone looking to find home….this is best time to buy especially bank owned/foreclosures that are listed in local MLS…..they want to get them off their books by end of year and tough to do when most markets are flooded with inventory
[2007.09.13 09:59:27] MauiTrader: the fact is the fact
[2007.09.13 09:59:29] MauiTrader: they are real
[2007.09.13 09:59:35] MauiTrader: they are not made up from the sky
[2007.09.13 09:59:38] orkiter: the OCt -dec is best time
[2007.09.13 09:59:44] MauiTrader: ok my friend is here
[2007.09.13 09:59:46] MauiTrader: hold on
[2007.09.13 10:00:22] MauiTrader: ok ding ding ding
[2007.09.13 10:00:26] MauiTrader: that is the closing bell
[2007.09.13 10:00:29] MauiTrader: alright guys
[2007.09.13 10:00:32] MauiTrader: i am going to get out of here
[2007.09.13 10:00:35] MauiTrader: go to the gym
[2007.09.13 10:00:41] MauiTrader: i have a half-marathon on Sunday
[2007.09.13 10:00:42] MauiTrader: btw
[2007.09.13 10:00:44] MauiTrader: he he
[2007.09.13 10:01:01] orkiter: did i say that the #’s are made up……..NO. i jsut said i dont pay close attention to them because they get revised and arent good timing indicators
[2007.09.13 10:01:17] matt p: Wow, I am very impressed. Goodluck.
[2007.09.13 10:01:31] MauiTrader: aloha!!!!!!
[2007.09.13 10:01:34] matt p: Aloha
[2007.09.13 10:01:42] MauiTrader: i will be back in 2 1/2 hours
[2007.09.13 10:01:52] orkiter: dealing oc
[2007.09.13 10:02:18] orkiter: sorry, bad joke
[2007.09.13 10:02:38] matt p: crickets chirping. LOL
[2007.09.13 10:03:52] sidehatch has left the room (logged out)
[2007.09.13 10:12:43] matt p has left the room (logged out)
[2007.09.13 10:17:10] orkiter has left the room (logged out)
[2007.09.13 10:22:30] Golf Romeo has left the room (logged out)
[2007.09.13 11:07:03] vivek1263: in an upcoming interview, Greenspan said he was aware of “subprime” lending practices where homebuyers got very low initial rates only to see them later jacked up, causing severe payment shock. But he said he didn’t initially realize the harm they could do.
[2007.09.13 11:07:34] vivek1263: While I was aware a lot of these practices were going on, I had no notion of how significant they had become until very late,” he said in a CBS “60 Minutes” interview to be broadcast Sunday. “I really didn’t get it until very late in 2005 and 2006,” Greenspan said.
[2007.09.13 11:09:36] todd has left the room (logged out)
[2007.09.13 11:10:18] axman6 has left the room (logged out)
[2007.09.13 12:42:13] MauiTrader: aloha back
[2007.09.13 12:42:28] MauiTrader: wow, greeny
[2007.09.13 12:42:35] brd5: hi
[2007.09.13 12:42:36] MauiTrader: and yes ORK that was a bad joke, lol
[2007.09.13 12:42:43] MauiTrader: aloha brd
[2007.09.13 12:43:12] MauiTrader: going to scan my 100/10k long scans
[2007.09.13 12:43:14] MauiTrader: and shrot scans
[2007.09.13 12:43:19] MauiTrader: and then go surf!!!! big waves!!!
[2007.09.13 12:43:34] brd5: I’m off to my P/T job
[2007.09.13 12:45:25] MauiTrader: ok bruddah
[2007.09.13 12:45:31] MauiTrader: i will have something done by the time you get back
[2007.09.13 12:45:31] MauiTrader: also
[2007.09.13 12:45:35] MauiTrader: i have my MS nurse coming by
[2007.09.13 12:45:41] MauiTrader: she is going to teach me how to do my injections
[2007.09.13 12:45:45] MauiTrader: so that will be going on later
[2007.09.13 12:45:53] MauiTrader: so i am sure i will get most work started late
[2007.09.13 12:45:54] MauiTrader: busy day
[2007.09.13 12:49:54] MauiTrader: take care!
[2007.09.13 13:29:35] vivek1263: aloha
[2007.09.13 13:29:56] vivek1263: no tcnet tonite
[2007.09.13 13:30:09] vivek1263: at work
[2007.09.13 13:30:37] vivek1263: OMTR looks like a nice move from its 50DMA
[2007.09.13 13:31:08] vivek1263: UA and CROX just look like waiting to do the same
[2007.09.13 13:32:04] vivek1263: move out of their consolidation
[2007.09.13 13:35:06] MauiTrader: OMTR very nice
[2007.09.13 13:35:24] MauiTrader: defintitely add to it
[2007.09.13 13:35:31] MauiTrader: good eye
[2007.09.13 13:35:34] MauiTrader: i haven’t scanned yet
[2007.09.13 13:35:39] MauiTrader: i am going to leave in 5 minutes
[2007.09.13 13:35:41] MauiTrader: then will be back
[2007.09.13 13:35:45] MauiTrader: so if you scan
[2007.09.13 13:35:47] MauiTrader: leave your list here
[2007.09.13 13:35:52] MauiTrader: and i will check it with mine
[2007.09.13 13:35:57] MauiTrader: then in the morning we can go over it
[2007.09.13 13:36:02] MauiTrader: i have my MS nurse coming tonight
[2007.09.13 13:36:06] MauiTrader: to give me my FIRST shot
[2007.09.13 13:36:17] MauiTrader: i am a little scared
[2007.09.13 13:36:22] MauiTrader: but oh well
[2007.09.13 13:36:26] MauiTrader: its just a needle
[2007.09.13 13:36:30] MauiTrader: not a bullet
[2007.09.13 13:37:03] MauiTrader: CLDA wow
[2007.09.13 13:37:05] MauiTrader: parabolic
[2007.09.13 13:37:08] MauiTrader: i should still be in it
[2007.09.13 13:37:10] MauiTrader: disappointing
[2007.09.13 13:37:18] MauiTrader: going to add to one stock
[2007.09.13 13:37:24] MauiTrader: FFH nice base
[2007.09.13 13:37:39] MauiTrader: i might poke at one stock
[2007.09.13 13:37:52] MauiTrader: ok i found two longs in the 10k scan
[2007.09.13 13:37:58] MauiTrader: one add
[2007.09.13 13:37:59] MauiTrader: one new long
[2007.09.13 13:38:20] MauiTrader: MCD wow
[2007.09.13 13:38:25] MauiTrader: CFSG nice move
[2007.09.13 13:38:33] MauiTrader: SU breakout
[2007.09.13 13:38:38] MauiTrader: i will go long
[2007.09.13 13:38:50] MauiTrader: SNDA long
[2007.09.13 13:38:52] MauiTrader: INXI long
[2007.09.13 13:38:54] MauiTrader: add SLP
[2007.09.13 13:39:07] MauiTrader: add PRKR
[2007.09.13 13:39:15] MauiTrader: great chart! very pretty!
[2007.09.13 13:39:39] MauiTrader: ok that is it for the 10/100 k scan
[2007.09.13 13:40:11] MauiTrader: FRZ possible short? not sure
[2007.09.13 13:40:24] MauiTrader: GROW possible short? need to study
[2007.09.13 13:40:35] vivek1263: sorry was on the phone
[2007.09.13 13:40:37] MauiTrader: BDY?
[2007.09.13 13:40:38] MauiTrader: it is ok
[2007.09.13 13:40:53] vivek1263: no tcnet here unfortunately
[2007.09.13 13:40:55] vivek1263: sucks\
[2007.09.13 13:41:01] MauiTrader: oh yeah
[2007.09.13 13:41:07] MauiTrader: well i gave you the list
[2007.09.13 13:41:11] MauiTrader: if you dont like any let me know
[2007.09.13 13:41:14] MauiTrader:
i
[2007.09.13 13:41:16] MauiTrader: i am going surfing
[2007.09.13 13:41:20] MauiTrader: proably last summer swell
[2007.09.13 13:41:24] MauiTrader: in my backyard
[2007.09.13 13:41:29] MauiTrader: aloha nd have a grea tnight
[2007.09.13 13:41:30] vivek1263: ok
[2007.09.13 13:41:33] MauiTrader: i will be back in 2 hours
[2007.09.13 13:41:35] MauiTrader: if you are around
[2007.09.13 13:41:38] MauiTrader: will you?
[2007.09.13 13:41:44] vivek1263: I will be here
[2007.09.13 13:41:47] MauiTrader: cool
[2007.09.13 13:41:50] MauiTrader: ok
[2007.09.13 13:41:51] vivek1263: late
[2007.09.13 13:41:53] MauiTrader: i will see you shortly
[2007.09.13 13:41:59] MauiTrader: the nurse will be here during that time
[2007.09.13 13:42:06] MauiTrader: so i might not be here for like an hour after
[2007.09.13 13:42:11] vivek1263: everything will be fine
[2007.09.13 13:42:14] MauiTrader: but i promise to have EVERYTHING done by tomorrow
[2007.09.13 13:42:15] MauiTrader: whew
[2007.09.13 13:42:18] MauiTrader: thank you very much
[2007.09.13 13:42:30] vivek1263: you had an LP
[2007.09.13 13:42:35] MauiTrader: yes
[2007.09.13 13:42:37] MauiTrader: lol
[2007.09.13 13:42:38] MauiTrader: true
[2007.09.13 13:42:48] MauiTrader: very very true
[2007.09.13 13:42:50] vivek1263: this is just a subcutaneous injection\
[2007.09.13 13:43:01] vivek1263: very fine needle
[2007.09.13 13:43:08] vivek1263: barely a mosquito bite
[2007.09.13 13:43:10] MauiTrader: possibility of me accidetnly hitting a vein?
[2007.09.13 13:43:25] vivek1263: not really
[2007.09.13 13:43:30] MauiTrader: ok
[2007.09.13 13:43:35] vivek1263: very superficial injection
[2007.09.13 13:43:42] MauiTrader: thank you for this
[2007.09.13 13:43:42] vivek1263: veins are much deeper
[2007.09.13 13:43:45] MauiTrader: gives me comfort
[2007.09.13 13:44:05] vivek1263: and you can always drawback on the syringe to confirm you are not in a vein
[2007.09.13 13:44:22] MauiTrader: yeah, that’s scary
[2007.09.13 13:44:23] vivek1263: if no blood comes up in the syringe you are not in the vein
[2007.09.13 13:44:27] MauiTrader: ick
[2007.09.13 13:44:28] MauiTrader: ok
[2007.09.13 13:44:33] MauiTrader: darn it
[2007.09.13 13:44:40] MauiTrader: my father was a doctor i should be better with needles
[2007.09.13 13:44:43] MauiTrader: but i guess
[2007.09.13 13:44:45] MauiTrader: in time i will
[2007.09.13 13:44:51] MauiTrader: get very very used to it
[2007.09.13 13:45:14] vivek1263: kids here take injection for diabetes
[2007.09.13 13:45:28] vivek1263: self inject themselves
[2007.09.13 13:45:36] vivek1263: scary the first time
[2007.09.13 13:45:48] vivek1263: but it will be piece of cake
[2007.09.13 13:45:55] vivek1263: once you get the hang of it
[2007.09.13 13:45:55] MauiTrader: if those brave kids can do it all the time, my old butt should be able to
[2007.09.13 13:45:59] MauiTrader: right
[2007.09.13 13:46:06] vivek1263: absolutely
[2007.09.13 13:46:12] vivek1263: lol
[2007.09.13 13:46:26] MauiTrader: bless those little angels that inject themselves
[2007.09.13 13:46:31] MauiTrader: very brave and courageous
[2007.09.13 13:46:35] MauiTrader: when you are that young
[2007.09.13 13:46:51] vivek1263: kids can always surprise you by their resilliance
[2007.09.13 13:47:00] vivek1263: in face of adversity
[2007.09.13 13:47:10] MauiTrader: it is amazing
[2007.09.13 13:47:13] MauiTrader: it is beautiful
[2007.09.13 13:47:22] vivek1263: handle bad situations better than their parents sometimes
[2007.09.13 13:47:26] MauiTrader: only way to describe the bravery kids with cancer live
[2007.09.13 13:47:37] vivek1263: true
[2007.09.13 13:47:51] MauiTrader: oh yes
[2007.09.13 13:47:52] MauiTrader: always
[2007.09.13 13:47:53] MauiTrader: they do
[2007.09.13 13:48:00] MauiTrader: they become the wise individual
[2007.09.13 13:48:10] MauiTrader: sometimes parents need to be coached
[2007.09.13 13:48:18] MauiTrader: that they need to be strong and show a will to win
[2007.09.13 13:48:24] MauiTrader: in the face of some diseases
[2007.09.13 13:48:31] MauiTrader: you have to stay strong FOR the child
[2007.09.13 13:48:54] vivek1263: tough to be mentally tough
[2007.09.13 13:49:02] vivek1263: but thats what you gotta do
[2007.09.13 13:50:00] MauiTrader: ok friend
[2007.09.13 13:50:03] MauiTrader: i am off to the ocean
[2007.09.13 13:50:07] MauiTrader: i will see you in a bit
[2007.09.13 13:50:08] MauiTrader: aloha
[2007.09.13 13:50:12] vivek1263: ok
[2007.09.13 13:50:15] vivek1263: hit the waves
[2007.09.13 13:50:19] vivek1263: aloha
[2007.09.13 13:56:17] MAHKET has entered the room “MauiTrader Lounge”
[2007.09.13 14:04:54] MAHKET: aloha broddahs
[2007.09.13 14:05:03] MAHKET: and sistahs
[2007.09.13 14:13:32] vivek1263: and the others
[2007.09.13 14:13:53] vivek1263: bosox playing tonite
[2007.09.13 14:14:27] vivek1263: ?
[2007.09.13 14:16:12] vivek1263 has left the room (logged out)
[2007.09.13 14:16:53] MAHKET: no
[2007.09.13 14:17:08] MAHKET: oops…where did vivek go?
[2007.09.13 14:27:17] MAHKET: CBOE total put/call ration ended the day at 1.01
[2007.09.13 14:28:55] MAHKET: 139 New Highs
[2007.09.13 14:28:59] MAHKET: 158 New Lows
[2007.09.13 14:29:25] MAHKET: 38.51% of stocks are over their 50dma
[2007.09.13 14:29:38] MAHKET: 35.64% of stocks are over their 200dma
[2007.09.13 14:37:39] MAHKET: Patriots were fined 750k
[2007.09.13 14:37:51] MAHKET: If they make the playoffs
[2007.09.13 14:38:37] MAHKET: they get docked a 1st round pick
[2007.09.13 14:49:42] MAHKET: West Virginia starting to pull away from the Terps
[2007.09.13 15:07:28] todd has entered the room “MauiTrader Lounge”
[2007.09.13 15:07:34] MAHKET: aloha broddah
[2007.09.13 15:07:43] todd: aloha
[2007.09.13 15:08:18] MAHKET: what is shaken my man
[2007.09.13 15:08:45] todd: getting ready to go to a friend’s ranch this weekend
[2007.09.13 15:08:51] todd: can’t wait to get out of town
[2007.09.13 15:09:13] todd: middle of no where with no worries
[2007.09.13 15:09:17] MAHKET: nice
[2007.09.13 15:09:20] MAHKET: what are you going to be doing?
[2007.09.13 15:09:35] todd: hopefully shoot some dove
[2007.09.13 15:09:53] todd: if not, floating in the small lake they built
[2007.09.13 15:09:58] todd: eating
[2007.09.13 15:10:03] todd: beer
[2007.09.13 15:10:04] MAHKET: cool
[2007.09.13 15:10:06] todd: football
[2007.09.13 15:10:40] todd: luckily they have satelite out there
[2007.09.13 15:10:45] todd: for the games
[2007.09.13 15:10:59] todd: “roughing it”
[2007.09.13 15:11:20] MAHKET: ha ha
[2007.09.13 15:11:24] todd: how’s the market treating MAHKET
[2007.09.13 15:11:25] MAHKET: yeah, roughing it
[2007.09.13 15:11:43] MAHKET: treating me just fine todd
[2007.09.13 15:11:51] MAHKET: amazing what discipline does for ones portfolio
[2007.09.13 15:12:03] todd: treating me very well this week
[2007.09.13 15:12:08] MAHKET: I am in cash and a few stocks…can’t short
[2007.09.13 15:12:14] MAHKET: so cash heavy
[2007.09.13 15:12:40] todd: best 4 days I’ve ever had
[2007.09.13 15:12:54] todd: hopefully it will last
[2007.09.13 15:14:37] MAHKET:
[2007.09.13 15:14:51] MAHKET: just continue with the disciplined approach
[2007.09.13 15:24:16] vivek1263 has entered the room “MauiTrader Lounge”
[2007.09.13 15:24:33] MAHKET: aloha
[2007.09.13 15:24:38] vivek1263: aloha again
[2007.09.13 15:24:49] vivek1263: had to shut down this stupid computer at work
[2007.09.13 15:25:02] MAHKET: kick it
[2007.09.13 15:25:05] MAHKET: lol
[2007.09.13 15:25:09] vivek1263: junk
[2007.09.13 15:25:27] vivek1263: having the same computer for 6yrs now
[2007.09.13 15:25:36] vivek1263: cannot convince the idiots
[2007.09.13 15:25:52] vivek1263: that we need to move from windows 2000
[2007.09.13 15:26:37] todd: 6 yrs is a long time!!
[2007.09.13 15:26:39] vivek1263: aloha Todd
[2007.09.13 15:26:45] MAHKET: and too think you are at a hospital
[2007.09.13 15:26:46] todd: aloha
[2007.09.13 15:26:51] vivek1263: good that your port is doing well
[2007.09.13 15:27:02] vivek1263: i am reaching major resistance with my port
[2007.09.13 15:27:05] MAHKET:
[2007.09.13 15:27:12] vivek1263: so warning everyone
[2007.09.13 15:27:26] MAHKET: what is up with the port
[2007.09.13 15:27:28] vivek1263: usually i have fallen hard everytime i have got to this point
[2007.09.13 15:27:38] MAHKET: what is the resistance
[2007.09.13 15:27:41] MAHKET: ?
[2007.09.13 15:27:56] vivek1263: at 40g
[2007.09.13 15:28:04] MAHKET: ok
[2007.09.13 15:28:10] vivek1263: if you wanted to know the no.
[2007.09.13 15:28:10] MAHKET: but what about the positions in that port
[2007.09.13 15:28:16] MAHKET: i didn’t care about the amount
[2007.09.13 15:28:23] vivek1263: fluctuating between 35 and 40
[2007.09.13 15:28:32] MAHKET: want you to focus on what is in the port
[2007.09.13 15:28:35] MAHKET: how you are positioned
[2007.09.13 15:28:40] MAHKET: not the amount of the overall port
[2007.09.13 15:28:49] MAHKET: to me, at this point, it doesn’t matter
[2007.09.13 15:28:54] MAHKET: need to be positioned well
[2007.09.13 15:28:58] vivek1263: i would say
[2007.09.13 15:29:06] vivek1263: 30% short
[2007.09.13 15:29:10] vivek1263: 70% long
[2007.09.13 15:29:12] MAHKET: so what are your shorts
[2007.09.13 15:29:16] MAHKET: no cash?
[2007.09.13 15:29:24] vivek1263: about 15%
[2007.09.13 15:29:25] MAHKET: lets start with the shorts
[2007.09.13 15:29:28] MAHKET: ok
[2007.09.13 15:29:35] MAHKET: what are your shorts
[2007.09.13 15:29:40] MAHKET: no need for dollar amounts
[2007.09.13 15:29:41] vivek1263: len
[2007.09.13 15:30:02] vivek1263: let me look at all of them for a minute
[2007.09.13 15:30:04] MAHKET: where did you get filled for your initial short
[2007.09.13 15:30:08] MAHKET: ok
[2007.09.13 15:31:58] vivek1263: wow
[2007.09.13 15:32:13] vivek1263: the computer let me open my trading software with the browser
[2007.09.13 15:32:24] vivek1263: two programs at once
[2007.09.13 15:32:28] vivek1263: ok\
[2007.09.13 15:32:38] MAHKET: don’t get too excited
[2007.09.13 15:32:40] vivek1263: LEN 10% gains
[2007.09.13 15:33:18] vivek1263: CTX 8.2%
[2007.09.13 15:33:41] vivek1263: SHOO 9 %
[2007.09.13 15:34:07] vivek1263: QID -3%
[2007.09.13 15:34:10] MAHKET: so after today’s action in LEN i’d be cutting back
[2007.09.13 15:34:30] vivek1263: NYT 1%
[2007.09.13 15:34:32] MAHKET: SHOO will need to be trimmed
[2007.09.13 15:34:37] MAHKET: QID get rid of
[2007.09.13 15:34:40] MAHKET: not yet
[2007.09.13 15:34:43] MAHKET: on QID
[2007.09.13 15:34:46] MAHKET: way too early
[2007.09.13 15:34:52] vivek1263: OK
[2007.09.13 15:34:58] MAHKET: BIDU
[2007.09.13 15:35:01] MAHKET: AAPL
[2007.09.13 15:35:02] MAHKET: GOOG
[2007.09.13 15:35:04] MAHKET: all holding
[2007.09.13 15:35:07] MAHKET: no need for QID
[2007.09.13 15:35:22] MAHKET: not even in a bullish price pattern
[2007.09.13 15:35:25] MAHKET: for QID
[2007.09.13 15:35:41] MAHKET: so what are your longs?
[2007.09.13 15:35:46] vivek1263: i was long almost 95% last time
[2007.09.13 15:36:00] MAHKET: last feb?
[2007.09.13 15:36:10] vivek1263: before this last 10% correction
[2007.09.13 15:36:16] MAHKET: wow
[2007.09.13 15:36:21] vivek1263: with no shorts
[2007.09.13 15:36:25] MAHKET: we were 100%
[2007.09.13 15:36:27] MAHKET: in teh realtime port
[2007.09.13 15:36:39] MAHKET: hit me with the longs
[2007.09.13 15:37:09] vivek1263: ROS
[2007.09.13 15:37:11] vivek1263: FNDT
[2007.09.13 15:37:18] vivek1263: OMCL
[2007.09.13 15:37:33] MAHKET: all are good
[2007.09.13 15:37:35] vivek1263: hmsy
[2007.09.13 15:37:51] vivek1263: CELG
[2007.09.13 15:37:56] MAHKET: eod action not super for HMSY but BOP moved higher
[2007.09.13 15:38:04] vivek1263: BIDU
[2007.09.13 15:38:12] vivek1263: FALC
[2007.09.13 15:38:13] vivek1263: FCS
[2007.09.13 15:38:18] vivek1263: sorry FCX
[2007.09.13 15:38:23] vivek1263: CSCO
[2007.09.13 15:38:33] vivek1263: VMW
[2007.09.13 15:38:34] MAHKET: why CSCO?
[2007.09.13 15:38:42] vivek1263: RIG
[2007.09.13 15:38:44] vivek1263: RIMM
[2007.09.13 15:38:45] vivek1263: NVDA
[2007.09.13 15:38:55] vivek1263: HDB
[2007.09.13 15:38:56] MAHKET: RIG you can cut
[2007.09.13 15:38:57] vivek1263: YGE
[2007.09.13 15:39:10] vivek1263: ATRO
[2007.09.13 15:39:14] vivek1263: ASTI
[2007.09.13 15:39:15] MAHKET: HDB?
[2007.09.13 15:39:36] vivek1263: indian bank
[2007.09.13 15:39:59] MAHKET: lots of selling, RED BOP
[2007.09.13 15:40:05] MAHKET: no upside vol
[2007.09.13 15:40:28] vivek1263: AEM
[2007.09.13 15:40:29] MAHKET: I saw HDFC all over the place in Bangalore
[2007.09.13 15:40:47] vivek1263: good business
[2007.09.13 15:41:00] vivek1263: people are loaning money like no tommorow
[2007.09.13 15:41:03] vivek1263: buying cars
[2007.09.13 15:41:08] vivek1263: with no roads to drive on
[2007.09.13 15:41:14] vivek1263: a 20 yr ol
[2007.09.13 15:41:17] MAHKET: i can attest to that
[2007.09.13 15:41:22] vivek1263: can find a job in a BPO
[2007.09.13 15:41:31] vivek1263: and buy the car the next morning
[2007.09.13 15:41:34] MAHKET: we opened another office in Chennai
[2007.09.13 15:41:38] MAHKET: BPO
[2007.09.13 15:41:39] vivek1263: after a night shift
[2007.09.13 15:41:50] MAHKET: i am probably going back next year
[2007.09.13 15:41:51] vivek1263: banks are lending money
[2007.09.13 15:41:56] vivek1263: very aggressively
[2007.09.13 15:42:02] vivek1263: you default on payment
[2007.09.13 15:42:05] MAHKET: I just don’t like teh selling
[2007.09.13 15:42:10] MAHKET: in the chart
[2007.09.13 15:42:13] MauiTrader: back
[2007.09.13 15:42:14] vivek1263: and they will stop you at the traffic light
[2007.09.13 15:42:14] MauiTrader: aloha
[2007.09.13 15:42:18] MAHKET: aloha
[2007.09.13 15:42:21] vivek1263: kick your butt
[2007.09.13 15:42:24] MAHKET: how was surf
[2007.09.13 15:42:26] vivek1263: throw your stuff out
[2007.09.13 15:42:29] MAHKET: the way it should be
[2007.09.13 15:42:33] vivek1263: and take the car
[2007.09.13 15:42:34] MAHKET: LOL
[2007.09.13 15:42:43] vivek1263: no lawyer bs like we have her
[2007.09.13 15:42:44] vivek1263: lol
[2007.09.13 15:43:07] vivek1263: aloha
[2007.09.13 15:43:13] MAHKET: he is reading up
[2007.09.13 15:43:15] vivek1263: so i am now thinking
[2007.09.13 15:43:25] vivek1263: that i have hit resistance on my port
[2007.09.13 15:43:33] vivek1263: the next swoon will be on tuesday
[2007.09.13 15:43:46] MauiTrader: surf was ok
[2007.09.13 15:43:47] MauiTrader: it was good
[2007.09.13 15:43:48] vivek1263: after the fed speaks
[2007.09.13 15:43:51] MauiTrader: but the kids are in control now
[2007.09.13 15:43:52] vivek1263: good Josh
[2007.09.13 15:43:57] MAHKET: fireworks
[2007.09.13 15:44:08] MAHKET: that sux
[2007.09.13 15:44:16] MAHKET: don’t give a sh*t
[2007.09.13 15:44:21] MAHKET: little effers
[2007.09.13 15:44:31] vivek1263: Bush blah blah blah
[2007.09.13 15:44:39] vivek1263: on TV
[2007.09.13 15:44:57] vivek1263: Bill got fined 500,000 dollars
[2007.09.13 15:45:16] vivek1263: lost the first round pick if they make the playofss
[2007.09.13 15:45:36] vivek1263: or a second or third round pick if they dont
[2007.09.13 15:45:36] MAHKET: doesn’t matter
[2007.09.13 15:45:47] MAHKET: they have the 49er first round pick
[2007.09.13 15:45:56] MAHKET: well it does matter
[2007.09.13 15:45:57] MauiTrader: guys i am going to probably not post market commentary
[2007.09.13 15:45:58] MAHKET: but still
[2007.09.13 15:46:01] MauiTrader: do you want to do it market?
[2007.09.13 15:46:03] MauiTrader: or vivek
[2007.09.13 15:46:04] MauiTrader: ?
[2007.09.13 15:46:07] MauiTrader: and i will post
[2007.09.13 15:46:08] vivek1263: lol
[2007.09.13 15:46:16] MAHKET: we should do a joint one
[2007.09.13 15:46:19] vivek1263: we are just the followers
[2007.09.13 15:46:20] vivek1263: master
[2007.09.13 15:46:21] MauiTrader: i have to do this MS, gf and m erun errands
[2007.09.13 15:46:26] MauiTrader: and then i have to go to Sansei
[2007.09.13 15:46:31] MauiTrader: then take someone to airport
[2007.09.13 15:46:37] MauiTrader: lol
[2007.09.13 15:46:39] vivek1263: busy day ahead
[2007.09.13 15:46:42] MauiTrader: yeah
[2007.09.13 15:46:43] vivek1263: lol
[2007.09.13 15:46:44] MAHKET: have to goo?
[2007.09.13 15:46:47] MauiTrader: it is 345pm
[2007.09.13 15:46:50] MauiTrader: nah
[2007.09.13 15:46:52] vivek1263: get me a job in Maui
[2007.09.13 15:46:54] MauiTrader: but i have to clean my place
[2007.09.13 15:46:57] MauiTrader: for the nurse
[2007.09.13 15:47:01] MAHKET: true dat
[2007.09.13 15:47:02] MauiTrader: i might have time
[2007.09.13 15:47:05] MauiTrader: just have to focus
[2007.09.13 15:47:10] MAHKET: seriously, more of the same
[2007.09.13 15:47:17] MAHKET: sellers stepping aside
[2007.09.13 15:47:21] MAHKET: low vol
[2007.09.13 15:47:23] MAHKET: crap
[2007.09.13 15:47:37] MAHKET: although cboe total put/call was 1.01
[2007.09.13 15:47:37] vivek1263: SLP a question Josh
[2007.09.13 15:47:39] MAHKET: YIPPEE
[2007.09.13 15:47:51] vivek1263: is it a cup or saucer base
[2007.09.13 15:47:59] MAHKET: look at VIX
[2007.09.13 15:48:00] MAHKET: sheesh
[2007.09.13 15:48:14] MAHKET: making higher lows
[2007.09.13 15:48:39] MAHKET: oh boy oh boy is Tuesday going to be fun!
[2007.09.13 15:48:48] MAHKET: gotta switch laundry brb
[2007.09.13 15:49:02] vivek1263: yep that will take me down big time
[2007.09.13 15:49:14] vivek1263: i will be hedging aggressively
[2007.09.13 15:49:41] vivek1263: otherwise it will be insurance money lost
[2007.09.13 15:49:53] vivek1263: i still think the trend is up
[2007.09.13 15:49:55] todd: I wish I was going to Sansei’s
[2007.09.13 15:50:07] MauiTrader: lol todd
[2007.09.13 15:50:08] MauiTrader: yeah
[2007.09.13 15:50:09] todd: luv’s me some Sansei’s
[2007.09.13 15:50:12] MauiTrader: it is Kellie’s idea
[2007.09.13 15:50:20] MauiTrader: she has been waiting two weeks
[2007.09.13 15:50:24] MauiTrader: first she hurt herself
[2007.09.13 15:50:29] MauiTrader: then i kicked my friend out
[2007.09.13 15:50:31] todd: ship some to me:)
[2007.09.13 15:50:33] MauiTrader: now i am ok to go
[2007.09.13 15:50:35] MauiTrader: lol
[2007.09.13 15:50:37] MauiTrader: eweeeewwwww
[2007.09.13 15:50:38] vivek1263: SLP question Josh
[2007.09.13 15:50:56] MauiTrader: FALC BOP going yellow, dang
[2007.09.13 15:50:57] MauiTrader: oh well
[2007.09.13 15:50:59] MauiTrader: yes
[2007.09.13 15:51:11] MauiTrader: dont worry about the intraday action
[2007.09.13 15:51:13] MauiTrader: it is still strong
[2007.09.13 15:51:17] MauiTrader: move was on higher volume
[2007.09.13 15:51:17] vivek1263: it has not reached the pivot pt yet?
[2007.09.13 15:51:19] MauiTrader: volume was above
[2007.09.13 15:51:21] MauiTrader: that is it
[2007.09.13 15:51:24] MauiTrader: we getting it early
[2007.09.13 15:51:28] MauiTrader: like FALC
[2007.09.13 15:51:30] MauiTrader: and TESO
[2007.09.13 15:51:32] MauiTrader: and AFSI
[2007.09.13 15:51:37] MauiTrader: remember a day early in AFSI
[2007.09.13 15:51:46] MauiTrader: same with SNDA back in June
[2007.09.13 15:51:48] MauiTrader: before it failed
[2007.09.13 15:51:51] MauiTrader: btw, revenge buy
[2007.09.13 15:51:59] vivek1263: i see
[2007.09.13 15:52:05] MauiTrader: SNDA
cup with handle
[2007.09.13 15:52:15] MauiTrader: ugly
[2007.09.13 15:52:19] MauiTrader: but a breawkout to new highs
[2007.09.13 15:52:20] MauiTrader: must be taken
[2007.09.13 15:52:22] MauiTrader: with leading stocks
[2007.09.13 15:52:25] MauiTrader: in this stock market
[2007.09.13 15:52:37] vivek1263: INXI has not formed a handle yet
[2007.09.13 15:52:43] MauiTrader: once agin
[2007.09.13 15:52:44] vivek1263: is it too early?
[2007.09.13 15:52:45] MauiTrader: we are poking
[2007.09.13 15:52:50] MauiTrader: we are getting it early
[2007.09.13 15:52:52] MauiTrader: look at the BOP
[2007.09.13 15:52:55] MauiTrader: look at the past two days
[2007.09.13 15:52:57] MauiTrader: intraday reversal
[2007.09.13 15:53:00] MauiTrader: and now closing near HOD
[2007.09.13 15:53:04] MauiTrader: this handle might be short
[2007.09.13 15:53:07] MauiTrader: and might blast out
[2007.09.13 15:53:10] MauiTrader: so get in now
[2007.09.13 15:53:11] MauiTrader: if it fails
[2007.09.13 15:53:16] MauiTrader: we have LESS of a cut loss
[2007.09.13 15:53:22] MauiTrader: this is moving ahead of the mvoe
[2007.09.13 15:53:27] MauiTrader: look at the rally in INXI
[2007.09.13 15:53:31] MauiTrader: look at STRONG volume
[2007.09.13 15:53:33] MauiTrader: compared to base
[2007.09.13 15:53:35] MauiTrader: very quiet
[2007.09.13 15:54:05] vivek1263: is the cup too deep?
[2007.09.13 15:54:11] MauiTrader: no
[2007.09.13 15:54:13] MauiTrader: look at the weekly
[2007.09.13 15:54:15] vivek1263: after that huge down day
[2007.09.13 15:54:22] vivek1263: at the begining
[2007.09.13 15:54:25] MauiTrader: it is shit
[2007.09.13 15:54:26] MauiTrader: anyways
[2007.09.13 15:54:27] MauiTrader: really
[2007.09.13 15:54:28] MauiTrader: look at it
[2007.09.13 15:54:40] MauiTrader: it is just becoming a canslim stock
[2007.09.13 15:54:44] MauiTrader: sotechincally not one yet
[2007.09.13 15:54:48] MauiTrader: BUT
look at the fundamrentals
[2007.09.13 15:54:52] MauiTrader: it ALMOST is
[2007.09.13 15:54:56] MauiTrader: so this one shoudl work
[2007.09.13 15:55:01] MauiTrader: and remember this was a “perfect” stock too
[2007.09.13 15:55:05] MauiTrader: back in end of March
[2007.09.13 15:55:15] MauiTrader: it failed
[2007.09.13 15:55:15] vivek1263: ok
[2007.09.13 15:55:16] MauiTrader: however
[2007.09.13 15:55:21] MauiTrader: but it came back
[2007.09.13 15:55:23] MauiTrader: JUST like SNDA
[2007.09.13 15:55:30] MauiTrader: it is forming a cup with handle
[2007.09.13 15:55:37] MauiTrader: this handle’s volume is decreasing
[2007.09.13 15:55:39] MauiTrader: BOP is green
[2007.09.13 15:55:50] MauiTrader: compared to previous move YES it is volatile
[2007.09.13 15:55:51] MauiTrader: BUT
[2007.09.13 15:55:56] MauiTrader: look at a weekly
[2007.09.13 15:56:01] MauiTrader: pretty tight overall
[2007.09.13 15:56:19] MauiTrader: howver, it did fail the 3/30
[2007.09.13 15:56:20] MauiTrader: move
[2007.09.13 15:56:30] MAHKET: outside the big volume week
[2007.09.13 15:56:32] MauiTrader: and that is just shocking
[2007.09.13 15:56:35] MauiTrader: that stock was beautiful
[2007.09.13 15:56:36] MAHKET: its decent
[2007.09.13 15:56:41] MauiTrader: can’t believe it got hit
[2007.09.13 15:56:56] MAHKET: sure you can
[2007.09.13 15:56:58] MauiTrader: but we went long that stock at end of January
[2007.09.13 15:57:11] MauiTrader: but the “perfect’ buy appeared to be 3/30
[2007.09.13 15:57:17] MauiTrader: BUT really INXI isnt that great
[2007.09.13 15:57:22] MauiTrader: it just IS good enough
[2007.09.13 15:57:25] MauiTrader: speculative CANSLIM
[2007.09.13 15:57:28] MauiTrader: EPS growing
[2007.09.13 15:57:30] MauiTrader: sales growing
[2007.09.13 15:57:33] MauiTrader: past five quarters
[2007.09.13 15:57:35] MauiTrader: double digits
[2007.09.13 15:57:54] MauiTrader: sales double digits past eight quarters
[2007.09.13 15:59:14] MauiTrader: if that INXI chart
[2007.09.13 15:59:23] MauiTrader: on 3/30 showed up in 2003/2004 it WOULD have worked
[2007.09.13 15:59:39] MauiTrader: that chart was HOT HOT HOT HOT HOT HOT
[2007.09.13 15:59:43] MauiTrader: HOT HTO HOT HOT HOT
[2007.09.13 15:59:53] MauiTrader: RS was not hitting new highs however
[2007.09.13 16:03:01] MauiTrader: how blessed am i that i love something (green charts) and that can make me money? LOLOLOL
[2007.09.13 16:03:11] MauiTrader: i am still looking at INXI at 3/30
[2007.09.13 16:03:15] MauiTrader: just a piece of art
[2007.09.13 16:03:18] MauiTrader: that failed
[2007.09.13 16:03:21] MauiTrader: but i know
[2007.09.13 16:03:29] MauiTrader: when we see these after a big bad bear
[2007.09.13 16:03:32] MauiTrader: yipppeeeee
[2007.09.13 16:04:21] MauiTrader: ok guys i am going to be RIGHT HERE
but i am going to be focusing on my kit
[2007.09.13 16:04:29] MauiTrader: just like cramming before a big exam
[2007.09.13 16:04:31] MauiTrader: luckily for me
[2007.09.13 16:04:36] MauiTrader: i remember almost everything
[2007.09.13 16:04:45] MauiTrader: so i better do this before the nurse gets here
[2007.09.13 16:04:58] MauiTrader: go back to 3/30/07 on the longs and look at INXI
[2007.09.13 16:05:03] MauiTrader: STUDY THAT PATTERN
[2007.09.13 16:05:12] MauiTrader: and know that when you see that AFTER a big bad bear
[2007.09.13 16:05:25] MauiTrader: you know the kind that hurts for six months or more and goes down 20%
[2007.09.13 16:05:31] MauiTrader: even three months is good enough
[2007.09.13 16:05:34] MauiTrader: when you see that chart
[2007.09.13 16:05:46] MauiTrader: you will be very happy when we sell the last of it
[2007.09.13 16:06:06] MauiTrader: ok time to focus
[2007.09.13 16:06:07] MauiTrader: aloha
[2007.09.13 16:06:56] vivek1263: aloha
[2007.09.13 16:07:06] MAHKET: aloha
[2007.09.13 16:08:01] todd: checking out, aloha amigos
[2007.09.13 16:08:19] todd has left the room (logged out)
[2007.09.13 16:08:53] vivek1263: brb in 15 mins
[2007.09.13 16:09:03] MAHKET: ok
[2007.09.13 16:09:05] MAHKET: aloha todd
[2007.09.13 16:09:11] MAHKET: http://myespn.go.com/conversation/story?id=3018407&status=ok
[2007.09.13 16:09:16] MAHKET: i am CMaye35
[2007.09.13 16:09:40] MAHKET: http://sports.espn.go.com/nfl/news/story?id=2696227
[2007.09.13 16:22:16] MauiTrader: nice market
[2007.09.13 16:22:22] MauiTrader: very excellent well thought out post
[2007.09.13 16:23:51] MauiTrader: you need to make another post replying to your post
[2007.09.13 16:23:54] MauiTrader: with that link
[2007.09.13 16:36:41] MauiTrader: wow
[2007.09.13 16:36:42] MauiTrader: never mind
[2007.09.13 16:36:43] MauiTrader: ok
[2007.09.13 16:36:44] MauiTrader: i can work
[2007.09.13 16:36:51] MauiTrader: take a WILD guess what happened????
[2007.09.13 16:36:58] MauiTrader: she freaking can’t make it
[2007.09.13 16:37:01] MauiTrader: 4pm tomorrow
[2007.09.13 16:37:03] MauiTrader: lol
[2007.09.13 16:37:07] MauiTrader: ok off to my charts
[2007.09.13 16:39:43] MAHKET: lol
[2007.09.13 16:39:46] MAHKET: i am pummelling ppl
[2007.09.13 16:39:57] MAHKET: i just highlight absurd comments
[2007.09.13 16:51:29] MAHKET: some ppl are just plain stupid maui
[2007.09.13 16:51:31] MAHKET: its really funny
[2007.09.13 16:52:08] MauiTrader: and sad
[2007.09.13 16:52:23] MAHKET: there are some bright ppl on there
[2007.09.13 16:52:35] MauiTrader: oh yeah
[2007.09.13 16:52:39] MauiTrader: i read a lot of great comments
[2007.09.13 16:52:59] MAHKET: i asked, what signal did the pats steal when
[2007.09.13 16:53:23] MAHKET: 3 Jets DBs let Randy Moss run a 51 yard post across the field
[2007.09.13 16:54:26] MauiTrader: lol
[2007.09.13 16:54:51] MAHKET: Then I asked, what sign did they steal when Hobbs ran back the 108yd kick off return
[2007.09.13 16:56:11] MauiTrader: lol
[2007.09.13 16:56:29] MAHKET: Forfeiture of the Jets game seems like a reasonable place to start. They cheated to win the game. They shouldn’t get the W. That’s just crazy.
The rest of the penalty seems reasonable. It’s not light but it’s certainly not a harsh penalty either. At the end of the day, this isn’t much for the Pats to overcome. So — will they do it again? Who knows. Maybe.
[2007.09.13 16:56:36] MAHKET: that is crazy talk
[2007.09.13 17:04:02] MauiTrader: Many stocks in Your Weekly Review are showing up with price gains on declining volume.Nowonder, as the major indexes are doing exactly thesamething. Normally, this is a red flag. But if this is a reflection of the broad market’s behavior, is it still a concern? You bet it is, although there are many other stocks showing positive volumeaction. Crude’s flirtation with $80 is helping energy companies
[2007.09.13 17:05:18] MAHKET: http://www.market-speculator.com/2007/09/13/follow-upfor-those-who-dont-know/
[2007.09.13 17:05:41] MAHKET: there should be red flags like on the beach for shore break
[2007.09.13 17:05:47] MAHKET: big signs
[2007.09.13 17:05:53] MAHKET: low volume rallies
[2007.09.13 17:05:59] MAHKET: be cautious
[2007.09.13 17:14:18] MauiTrader: OK now guess what
[2007.09.13 17:14:21] MauiTrader: she is coming over now
[2007.09.13 17:14:22] MauiTrader: LOL
[2007.09.13 17:14:24] MauiTrader: give me a break
[2007.09.13 17:14:29] MAHKET: ha ha
[2007.09.13 17:14:31] MauiTrader: well my charts are updated with new canslmi symbols
[2007.09.13 17:14:32] MAHKET: she found time
[2007.09.13 17:14:36] MauiTrader: so i will get things done tonigth
[2007.09.13 17:14:38] MauiTrader: somehow
[2007.09.13 17:14:43] MauiTrader: probably NO market commentary
[2007.09.13 17:14:49] MauiTrader: so i am going to post this chat archive
[2007.09.13 17:15:09] MauiTrader: that shoudl be ok
[2007.09.13 17:15:15] MauiTrader: they should like that silver members
[2007.09.13 17:15:18] MauiTrader: as for gold members
[2007.09.13 17:15:23] MauiTrader: we already know nothing happened today
[2007.09.13 17:15:26] MauiTrader: so that is that
[2007.09.13 17:15:29] MAHKET: then say that
[2007.09.13 17:15:31] MAHKET: in the post
[2007.09.13 17:15:41] MAHKET: i can write it if you want
[2007.09.13 17:15:47] MAHKET: in the AM tomorrow
[2007.09.13 17:15:51] MAHKET: or tonight
[2007.09.13 17:16:00] MAHKET: hey guess what, today’s action was much like yesterdays
[2007.09.13 17:16:04] MAHKET: NOTHING HAS CHANGED
[2007.09.13 17:16:09] MAHKET: Bears aren’t placing bets
[2007.09.13 17:16:14] MAHKET: Bulls have the forum
[2007.09.13 17:16:15] MAHKET: floor
[2007.09.13 17:16:24] MAHKET: no conviction to the upside move
[2007.09.13 17:16:37] MAHKET: hard to write the same sh*t over and over again
[2007.09.13 17:18:05] MauiTrader: page A8 in IBD about Hawaii
[2007.09.13 17:18:20] MAHKET: what does it say, will read in the am
[2007.09.13 17:18:48] MauiTrader: Hawaii’s Homeowners Discover They Can’t Count On Renting Out
BY DAVID DEVOSS
FOR INVESTOR’S BUSINESS DAILY
[2007.09.13 17:18:51] MauiTrader: i dont know
[2007.09.13 17:18:58] MAHKET: ah
[2007.09.13 17:18:59] MAHKET: will read
[2007.09.13 17:19:00] MauiTrader: http://www.investors.com/editorial/IBDArticles.asp?artsec=27&issue=20070913
[2007.09.13 17:19:36] MauiTrader: CELG in the “new america”
[2007.09.13 17:21:00] MAHKET: ncie
[2007.09.13 17:21:04] MAHKET: gotta make coffee
[2007.09.13 17:21:04] MAHKET: brb
[2007.09.13 17:21:16] MauiTrader: http://www.investors.com/editorial/IBDArticles.asp?artsec=7&issue=20070913
[2007.09.13 17:34:53] MAHKET: this article will help them
[2007.09.13 17:34:58] MAHKET: the stock
[2007.09.13 18:00:40] MAHKET: shit i am still up
[2007.09.13 18:01:38] vivek1263: what are you doing being up
[2007.09.13 18:01:44] MAHKET: was on espn
[2007.09.13 18:01:51] MAHKET: whacking down weeds
[2007.09.13 18:01:58] vivek1263: good use of time then
[2007.09.13 18:02:00] MAHKET: now watching this nut job on YouTube
[2007.09.13 18:02:06] MAHKET: http://www.youtube.com/watch?v=VJxVIbQo3Hc
[2007.09.13 18:02:18] MAHKET: saying the dollar is going to be worthless
[2007.09.13 18:02:37] MAHKET: saying we should go back to the gold standard
[2007.09.13 18:04:39] vivek1263 has left the room (logged out)
[2007.09.13 18:06:10] MAHKET: I’m going after this guy
[2007.09.13 18:06:11] MAHKET: http://www.youtube.com/watch?v=jS0ioB2G_bU&mode=related&search=
[2007.09.13 18:06:15] MAHKET: i am on fire!
[2007.09.13 18:06:18] MAHKET: i can’t go to sleep
[2007.09.13 18:06:22] MAHKET: look at my comments
[2007.09.13 18:06:29] vivek1263 has entered the room “MauiTrader Lounge”
[2007.09.13 18:10:35] MAHKET: youtube send you an email when someone responds to you
[2007.09.13 18:10:36] MAHKET: darn
[2007.09.13 18:14:15] vivek1263: how did the appt with the nurse go Josh?
[2007.09.13 18:15:31] vivek1263: CELG growth is phenomenonal
[2007.09.13 18:15:39] vivek1263: but it is a one trick pony
[2007.09.13 18:15:45] vivek1263: Revlimid
[2007.09.13 18:15:53] vivek1263: and one misstep
[2007.09.13 18:16:21] vivek1263: and you get these biopharmas drop 70% in a day
[2007.09.13 18:16:30] vivek1263: though this looks like a solid drug
[2007.09.13 18:17:32] vivek1263: but one bad journal article or one bad sideffect or FDA investigation can spell disaster
[2007.09.13 18:17:56] MAHKET: rev said this?
[2007.09.13 18:18:05] vivek1263: just me
[2007.09.13 18:19:22] vivek1263: but like i said Revlimid is a well established multiple myeloma drug
[2007.09.13 18:19:39] vivek1263: so unlikely
[2007.09.13 18:20:14] vivek1263: but that is the risk with biopharma with no big pipeline. ALA dendreo
[2007.09.13 18:20:18] vivek1263: dendreon
[2007.09.13 18:20:41] MAHKET: but does thsi have approval?
[2007.09.13 18:24:32] vivek1263: dendreon does not
[2007.09.13 18:24:41] MAHKET: right
[2007.09.13 18:24:56] MAHKET: until it gets that
[2007.09.13 18:25:01] MAHKET: too volitile to be in
[2007.09.13 18:25:12] vivek1263: yes
[2007.09.13 18:26:27] MAHKET: unlike CELG
[2007.09.13 18:26:39] MAHKET: hey vivek, did you see the research on the guy
[2007.09.13 18:26:49] MAHKET: who discovered how to burn salt water
[2007.09.13 18:26:51] MAHKET: ???
[2007.09.13 18:27:04] MAHKET: sends radio waves through the salt water…
[2007.09.13 18:27:11] MAHKET: pufff….into flames
[2007.09.13 18:27:27] MAHKET: he can attach it to nanobots or whatever
[2007.09.13 18:27:35] MAHKET: and kill cancer cells
[2007.09.13 18:27:47] MAHKET: i have no idea how the whole thing works
[2007.09.13 18:27:59] MAHKET: but the method used to ignite salt water
[2007.09.13 18:28:03] MAHKET: can kill cancer cells
[2007.09.13 18:28:14] MAHKET: with the help of nanobots
[2007.09.13 18:29:00] vivek1263: sound interesting
[2007.09.13 18:29:06] vivek1263: where did you read that
[2007.09.13 18:29:56] MAHKET: drudge
[2007.09.13 18:30:05] MAHKET: google it
[2007.09.13 18:30:34] MAHKET: www.youtube.com/watch?v=h6vSxR6UKFM
[2007.09.13 18:32:09] vivek1263: ok going to bed
[2007.09.13 18:32:20] vivek1263: i will be on in the morning
[2007.09.13 18:32:25] vivek1263: aloha Mahket
[2007.09.13 18:32:28] MAHKET: aloha
[2007.09.13 18:32:30] vivek1263: Aloha Josh
[2007.09.13 18:32:32] MAHKET: same here
[2007.09.13 18:32:47] vivek1263: ok bruddah
[2007.09.13 18:32:55] vivek1263: sleep well
[2007.09.13 18:33:05] vivek1263 has left the room (logged out)
[2007.09.13 18:33:20] MAHKET: u too
[2007.09.13 18:36:48] MauiTrader: ok done
[2007.09.13 18:36:54] MauiTrader: took my first shot
[2007.09.13 18:36:58] MauiTrader: time to scan stocks
[2007.09.13 18:37:02] MauiTrader: and post new longs and short
[2007.09.13 18:37:05] MauiTrader: no commentary tonight
[2007.09.13 18:37:08] MauiTrader: aloha market
[2007.09.13 18:37:13] MauiTrader: i will see you tomorrow
[2007.09.13 18:37:18] MAHKET: hey, i archivved
[2007.09.13 18:37:23] MAHKET: so peeps should see
[2007.09.13 18:37:24] MauiTrader: thank you very much
[2007.09.13 18:37:26] MAHKET: no commentary
[2007.09.13 18:37:32] MauiTrader: i think we moved the forums
[2007.09.13 18:37:35] MauiTrader: to the index also
[2007.09.13 18:37:38] MauiTrader: nictech did
[2007.09.13 18:37:44] MauiTrader: i haven’t checked yet though
[2007.09.13 18:37:57] MAHKET: why don’t we just post the convo today as commentary?
[2007.09.13 18:38:05] MAHKET: the afternoon convo
[2007.09.13 18:38:10] MAHKET: from 2-4
[2007.09.13 18:38:17] MAHKET: i think there was good stuff in there
[2007.09.13 18:38:19] MauiTrader: pick whatever you want
[2007.09.13 18:38:23] MauiTrader: you can post it if you like
[2007.09.13 18:38:25] MauiTrader: saves me some time
[2007.09.13 18:38:30] MauiTrader: post what you think shoudl be there
[2007.09.13 18:38:34] MauiTrader: and i will explain
[2007.09.13 18:38:38] MauiTrader: at the beginning of it
[2007.09.13 18:38:42] MauiTrader: why there is no post
[2007.09.13 18:39:01] MAHKET: ok, I’ll dump it in the post
[2007.09.13 18:39:05] MAHKET: save it as a draft
[2007.09.13 18:40:28] MauiTrader: ok take care
[2007.09.13 18:40:33] MauiTrader: i am going to be working
[2007.09.13 18:40:35] MauiTrader: see you tomorrow
[2007.09.13 18:40:52] MAHKET: later
[2007.09.13 18:42:51] MAHKET: Ok, I just saved it
[2007.09.13 18:42:55] MAHKET: so its in draft
[2007.09.13 18:42:59] MAHKET: aloha
[2007.09.13 18:49:40] MAHKET has left the room (logged out)
[2007.09.13 19:43:32] axman6 has entered the room “MauiTrader Lounge”
A Boring Day Ends With The Nasdaq Right Back Where It Started; Stocks Closed Mixed On Mixed Trade
September 13, 2007 | Leave a Comment
A volatile intraday session ended with stocks pretty much flat on the day. The only disappointment in today’s session came when the Nasdaq gave up its gains late in the day, closing near the lows and right where it started. The problem with that action is that today’s move down by .21% is enough to technically count today as a distribution day. That makes it the third day since the rally started that the Nassy has sold off on higher volume.
The good news about the selling today was that it was very weak and volume continues to remain well below the 50 day volume average. That indicates that while the big money is not buying stocks they are not selling stocks either. So there really is not much to get your panties in an uproar about.
The other good sign is that my personal portfolio did well today and I believe the IBD 100 did well because the 85-85 index had a good day. So when you have leading stocks and stocks that you are holding that either move up or hold tight during a distribution day it is safe to say that the selling was under control. But three distribution days in six sessions is something to be concerned about, especially when your best looking stocks don’t look as great as they used to.
