Desk Log

In April 14, 2000 (a Friday), Nasdaq fell by 10%, the market declining by 700 points. On that fateful day, 93% of Daytraders.com’s picks were among the winners, with total gains of 43 points against losses of 1.25 points.

NewsAlert [07:00] EARNINGS ALERT: SUNW SUNW Upside Earnings Alert: 3Q Op 26c; First Call 23c..
NewsAlert [07:01] EARNINGS ALERT: SUNW Sun Microsystems 3Q Revenue $4B Vs $2.96B.
NewsAlert [07:02] EARNINGS ALERT: ODP Upside Earnings Alert: 1Q 32c; First Call 29c..
NewsAlert [07:02] EARNINGS ALERT: DS Upside Earnings Alert: 1Q 34c; First Call 32c. .
NewsAlert [07:03] EARNINGS ALERT: ARTC Upside Earnings Alert: 1Q 36c; First Call 27c.
NewsAlert [07:03] EARNINGS ALERT: ECSI Upside Earnings Alert: 1Q (25c); First Call (31c). .
NewsAlert [07:04] EARNINGS ALERT: ININ Upside Earnings Alert: 1Q (12c); First Call (16c). .
NewsAlert [07:04] EARNINGS ALERT: MERQ Upside Earnings Alert: 1Q 11c; First Call 10c. .
NewsAlert [07:04] EARNINGS ALERT: CNXS CNS Q1 LOSS 6 CENTS MORE THAN STREET ESTIMATES.
NewsAlert [07:04] EARNINGS ALERT: PWAV Upside Earnings Alert: 1Q 48c; First Call 33c. .
NewsAlert [07:05] EARNINGS ALERT: VISX Upside Earnings Alert: 1Q 30c; First Call 27c.
NewsAlert [07:05] EARNINGS ALERT: RMP RPM Earnings Alert: 3Q 4c; First Call 4c. .
NewsAlert [07:05] EARNINGS ALERT: EXPO EXPONENT Q1 EARNINGS BEAT STREET ESTIMATES BY 4 .
NewsAlert [07:06] EARNINGS ALERT: PMCS PMCS Upside Earnings Alert: 1Q Op 17c; First Call 16c. .
NewsAlert [07:06] EARNINGS ALERT: SPLH Upside Earnings Alert: 1Q 15c; First Call 10c. .
NewsAlert [07:06] EARNINGS ALERT: MIPS MIPS Downside Earnings Alert: 3Q 26c; First Call 27c. .
NewsAlert [07:07] EARNINGS ALERT: ANEN Upside Earnings Alert: 3Q 36c; First Call 33c. .
NewsAlert [07:07] EARNINGS ALERT: UCBH Upside Earnings Alert: 1Q 58c; First Call 56c. .
NewsAlert [07:07] EARNINGS ALERT: ESTI Downside Earnings Alert: 1Q (15c); First Call (11c). .
NewsAlert [07:08] EARNINGS ALERT: MTX Earnings Alert: 1Q 71c; First Call 71c. .
NewsAlert [07:08] EARNINGS ALERT: GTW Earnings Alert: 1Q 41c; First Call 41c. .
NewsAlert [07:09] EARNINGS ALERT: SNWL Earnings Alert: 1Q 7c; First Call 7c. .
NewsAlert [07:10] EARNINGS ALERT: JNPR Upside Earnings Alert: 1Q Op 6c; First Call 5c.
NewsAlert [07:10] STOCK SPLIT ALERT: JNPR 2-1.
NewsAlert [07:10] RESEARCH ALERT: SUNW up 2 1/2 on instinet right now.
NewsAlert [07:11] RESEARCH ALERT: GTW up one on instinet.
NewsAlert [07:11] EARNINGS ALERT: JBHT Upside Earnings Alert: 1Q 14c; First Call 3c.
NewsAlert [07:12] EARNINGS ALERT: XPRSA Downside Earnings Alert: 1Q 6c; First Call 7c.
NewsAlert [07:12] EARNINGS ALERT: IDXX Upside Earnings Alert: 1Q 22c; First Call 21c.
NewsAlert [07:12] EARNINGS ALERT: FITB Upside Earnings Alert: 1Q 66c; First Call 65c.
NewsAlert [07:14] EARNINGS ALERT: IOM Iomega Corp. 1Q Net 19c/Share Vs Less Than 1c.
NewsAlert [07:14] EARNINGS ALERT: IOM Iomega Corp. 1Q Sales $344.9M Vs $386.2M .
NewsAlert [07:16] NEWS ALERT: TARO Taro Receives NDA Approval for Feminine Care Product; .
NewsAlert [07:19] RESEARCH ALERT: Charting Markets: New Lows For Nasdaq Composite on Friday — NASDAQ: 3650.00 and 3619.00 are significant intraday support levels. Belowthe lowest of the two, the next target is 3420.69. –By Stephen Cox, CMT.
NewsAlert [07:22] RESEARCH ALERT: It’s Not as Bad as You Think — Click here for complete story.
NewsAlert [07:31] RESEARCH ALERT: It’s Not as Bad as You Think — “This bear market for the Nasdaq is relatively tame. I know, I know. We’ve already seen a more than 25% drop - and the scary thing, of course, is that there’s no way to predict just how much worse it may get. And we’ve had several days of really big drops that make things appear really bleak. But I don’t believe for one minute all the stuff about how this could be a truly prolonged and nightmarish bear market because investors who have never lived through a real downturn may panic”. (see link above for the rest of the story).
Floyd [07:32] The above story is highly recommended!!
Floyd [07:33] Good morning traders!! It’s Friday!! April 14, 2000 7:34am ET - U.S. Markets open in 1 hour 57 minutes. :-) :-)
NewsAlert [07:45] EARNINGS ALERT: FPL Upside Earnings Alert: 1Q 71c; First Call 70c.
NewsAlert [07:46] NEWS ALERT: MSFT MICROSOFT SAYS ROGUE ENGINEERS PLANTED ‘BACKDOOR PASSWORD’: WSJ–SECRET CODE IN MICROSOFT SOFTWARE ALLOWS IMPROPER ACCESS TO WEB.
NewsAlert [07:46] EARNINGS ALERT: CBC Downside Earnings Alert: 1Q Op 90c; First Call 91c.
NewsAlert [07:47] NEWS ALERT: SAP Sap Aktiengesellschaft Adr (SAP) WSJI reporting that SAP is having trouble persuading customers to buy mySAP.com.
NewsAlert [07:49] NEWS ALERT: CLST CellStar Has temporarily curtailed international trading operations in its UKsubsidiary due to losses as a result of theft and fraud; losses occurred in late March/April 2000 during the transport of six shipments of wireless handsets with a total value of approximately $3.2 mln..
NewsAlert [07:49] NEWS ALERT: MICA MicroAge MICA and certain subsidiaries have filed voluntary petitions for reorganization under Chapter 11..
NewsAlert [07:50] EARNINGS ALERT: NCC NATIONAL CITY Q1 EARNS 53 CENTS VS. 53 CENTS YR. AGO; 2 CENTS BELOW FIRST CALL CONSENSUS.
NewsAlert [07:51] NEWS ALERT: F VISTEON, WITH 1999 SALES OF $19.4 BILLION, WOULD RANK IN TOP 100 COMPANIES–FORD TO SPIN OFF VISTEON TO SHAREHOLDERS LATER THIS YEAR.
NewsAlert [07:51] NEWS ALERT: IATV [IATV,LMGA] LIBERTY MEDIA UNIT, ACTV FORM JOINT MARKETING VENTURE.
NewsAlert [07:52] EARNINGS ALERT: HRZ HERTZ FIRST QUARTER EARNINGS PER SHARE 52 CENTS VS 45 CENTS .
NewsAlert [07:54] EARNINGS ALERT: PRL PROLONG INTL FOURTH QUARTER LOSS 16 CENTES VS LOSS SEVEN CENTS .
NewsAlert [07:54] EARNINGS ALERT: EAII EAI Q4 LOSS 88 CENTS A SHARE VS. $1.38 A YEAR AGO .
NewsAlert [07:54] RESEARCH ALERT: CPRK CAPROCK COMMUNICATIONS TO SELL 5 MILLION COMMON SHARES, $125 MILLION OF PREFERRED .
NewsAlert [07:55] NEWS ALERT: NTLI [NTLI,FTE] NTL MOBILE BIDS 4 BLN POUNDS FOR U.K. 3G CELL-PHONE LICENSE A.
NewsAlert [07:55] NEWS ALERT: LLL NAVY AWARDS L-3 COMMUNICATIONS $8.5M INSTRUMENT CONTRACT FOR S-3B VIKING AIRCRAFT.
NewsAlert [07:59] ANALYST ALERT: HASC Montgomery Securities Intl.–Revised Charter Deal Finally! is Big Positive for HSA* Last night HSA and Charter [CHTR] finally announced an agreement that solidifies and expands their pre-existing relationship..
NewsAlert [08:01] NEWS ALERT: PCO PLAYCORE SAYS TO BE BOUGHT BY CHARTWELL INVESTMENTS FOR $10.10/SHR CA.
NewsAlert [08:02] NEWS ALERT: GOAM ZipLink [ZIPL] Pens Agreement With GoAmerica; Deal Allows GoAmerica Access to ZipLink’s Nationwide Network.
murphy [08:02] Good morning Floyd - wondered when you would post your good morning and time to market open - little things in life that count!! :-)
NewsAlert [08:02] EARNINGS ALERT: HET warns of shortfall on earnings.
Floyd [08:04] :-)
NewsAlert [08:04] NEWS ALERT: ABT FDA Oks Mobic Tablets As Osteoarthritis Treatment.
NewsAlert [08:04] EARNINGS ALERT: UCM Upside Earnings Alert: 1Q $1.00; First Call 99c.
NewsAlert [08:05] RESEARCH ALERT: IBM IBM Buys Sequent Fincl Services Leasing Portfolio.
NewsAlert [08:05] NEWS ALERT: NMGC LSI Logic [LSI] To Buy Some NeoMagic Assets For $14.5M.
NewsAlert [08:07] EARNINGS ALERT: HVT HVT Earnings Alert: 1Q 30c; First Call 30c.
NewsAlert [08:08] NEWS ALERT: DSLN DSL.net’s Affordable, High-Speed Internet Access Alternative Now Available for Additional New Jersey Businesse.
NewsAlert [08:09] ANALYST ALERT: GTW Merrill upgrades to accumulte.
NewsAlert [08:10] RESEARCH ALERT: Hot Stocks To Watch: JJSF MVAC DMC.
NewsAlert [08:10] EARNINGS ALERT: J & J Snack Puts 2Q net at 8c/diluted share, below Street view of 14c. Sees ‘record’ sales, earns for fiscal 2000.
NewsAlert [08:11] EARNINGS ALERT: MVAC MotorVac Tech Puts 1Q net at 5c-6c/share on $3.7M rev. vs. 6c/shr a yr ago. Cites lower domestic sales, order timing.
NewsAlert [08:12] RESEARCH ALERT: JJSF J & J Snack.
NewsAlert [08:12] EARNINGS ALERT: DMC Dairy Mart Sees 4Q, fiscal-year losses and ’substantially reduced’ 1Q results.
NewsAlert [08:12] RESEARCH ALERT: Hot Stocks To Watch: GTW PRLS ROG UAH.
NewsAlert [08:13] EARNINGS ALERT: PRLS Peerless Sys Said CEO Gavaldon to leave. Co. expects 1Q loss of 21c-23c/shr.
NewsAlert [08:13] RESEARCH ALERT: ROG Rogers Corp. Announced plans to move to NYSE from AMEX on April 19.
NewsAlert [08:13] RESEARCH ALERT: UAH United Amer Healthcare NYSE to suspend, apply to delist the company .
NewsAlert [08:13] EARNINGS ALERT: OK Upside Earnings Alert: 1Q Op 61c; First Call 60c.
NewsAlert [08:14] RESEARCH ALERT: AZTC Aztec Tech Fell 23% Thu; Co. Says It Can’t Explain Why.
NewsAlert [08:15] ANALYST ALERT: PRSF PORTAL SOFTWARE INITIATED WITH ‘STRONG BUY’ RECOMMENDATION AT DAIN RAUSCHER WESSELS .
NewsAlert [08:15] ANALYST ALERT: MMSI MERIT MEDICAL SYSTEMS CUT TO ‘NEUTRAL’ FROM ‘BUY’ AT DAIN RAUSCHER WESSELS.
NewsAlert [08:15] RESEARCH ALERT: CERTICOM SAYS IT WILL PURSUE NASDAQ LISTING WITH OFFERING AS SOON AS POSSIBLE–CERTICOM CORP. WITHDRAWS PUBLIC OFFERING DUE TO MARKET CONDITIONS.
NewsAlert [08:16] RESEARCH ALERT: N.Y. Stocks Seen Opening Higher, But CPI To Call Shots-A look at the futures suggests New York stocks are setto open higher Friday, but whether or not that holds “is going to swing alot on the CPI,” said Alfred Goldman, chief market strategist at A.G.Edwards. The Labor Department plans to announce the March consumer price index,ex-food and energy, report at 8:30 a.m. EDT. “If it’s benign, then there’s probably no impact,” said Goldman. Consensusestimates are for a 0.5% rise..
NewsAlert [08:17] NEWS ALERT: ATML Atmel Unit, Siemens ICN In Pact.
Turbo [08:17] Morning Floyd, murphy, and everyone!!
NewsAlert [08:17] RESEARCH ALERT: ADSX Applied Digital To Resell Intel VPN .
NewsAlert [08:19] RESEARCH ALERT: Hot Stocks In Business Week: LVEL HZO DRAM.
NewsAlert [08:20] ANALYST ALERT: IGT Bear Stearns Ups Intl Game Tech To Buy From Neutral.
NewsAlert [08:22] ANALYST ALERT: ADCT ADC Telecommunications –SG Cowen - from BUY to STRONG BUY –target of $70..
murphy [08:24] Morning Turbo
NewsAlert [08:25] ANALYST ALERT: JBL Jabil Circuit -Chase H&Q initiates with STRONG BUY and price target of $50; .
murphy [08:28] Nice SPLH earnings imho
NewsAlert [08:28] ANALYST ALERT: GPS GAP INC. DOWNGRADED TO ‘BUY’ FROM ‘STRONG BUY’ AT USB PIPER JAFFRAY.
NewsAlert [08:29] RESEARCH ALERT: March Core CPI Gain Is Biggest Since Jan 1995.
yoyo [08:29] Good morning Floyd and fellow traders
NewsAlert [08:29] RESEARCH ALERT: March CPI Energy Prices +4.9%; Food Prices +0.1%.
NewsAlert [08:30] NEWS ALERT: Core rate is greater then expected –.
NewsAlert [08:30] RESEARCH ALERT: March CPI Energy Prices +4.9%; Food Prices +0.1%.
NewsAlert [08:30] RESEARCH ALERT: Real Average Weekly Earnings -0.4% In March.
murphy [08:30] there go the markets….
ttman [08:32] Floyd, what was that site to download the updated Day Traders program?
murphy [08:33] http://www.daytraders.com/software.html
NewsAlert [08:33] RESEARCH ALERT: FEB. BUSINESS INVENTORIES UP 0.5% VS. EXPECTED 0.6%; SALES UP 0.3%.
NewsAlert [08:33] RESEARCH ALERT: MARCH CPI FOOD COSTS UP 0.1%08:32 MARCH CPI ENERGY COSTS UP 4.9%.
ttman [08:33] thanks
NewsAlert [08:33] RESEARCH ALERT: MARCH CPI MEDICAL CARE UP 0.5%08:32 MARCH CPI HOUSING UP 0.4%.
NewsAlert [08:34] RESEARCH ALERT: MOST CATEGORIES ADDED TO MARCH CPI–CPI MAKES MAY 16 FED RATE HIKE A CERTAINTY, ADDS FUEL FOR 50-BASIS POINTS.
NewsAlert [08:34] RESEARCH ALERT: MARCH CORE CPI UP 0.4% VS. 0.2% EXPECTED, HIGHEST IN 5 YEARS–MARCH CPI UP 0.7% VS. 0.5% EXPECTED.
NewsAlert [08:34] RESEARCH ALERT: EGRP E-TRADE TO SPONSOR DIANA ROSS AND THE SUPREMES U.S. TOUR.
murphy [08:35] ticher symbol for Diana Ross and the Supremes…tia
murphy [08:36] ticher = ticker :-)
Chef [08:37] Morning All
NewsAlert [08:37] RESEARCH ALERT: DTC Canada Hot Stocks To Watch: DTC –Domtar Inc. To announce Monday morning an investment of “several million dollars” in its sawmills in Quebec and Ontario..
Chef [08:37] Mr. floyd and Fellow traders
Floyd [08:38] Futures went from +5 to -14…back to -11 now
NewsAlert [08:38] RESEARCH ALERT: XYBR XYBERNAUT COMPLETES $8.1M ACQUISITION OF SELFWARE.
stressboy [08:40] this summer going to start a fund to buy all new economy stocks trading at !.00 or less
temar12 [08:40] Good morning all! Floyd, thanks for all the earnings and the story link. How did you find the time to write that PALM story for the NY Times this morning with all the work you do here? :-)
NewsAlert [08:40] ANALYST ALERT: NXTL NEXTEL Communications Salomon Smith Barney reits BUY and raises price target to $163 from $145; calls NXTL the “AOL Instant Messenger” of wireless..
bottomfish [08:40] wonder if I put a buy for EXDS at 70
NewsAlert [08:40] ANALYST ALERT: INMT Intermet Corporation DLJ downgrades from BUY to MKT PERFORM.
NewsAlert [08:41] RESEARCH ALERT: Economic Numbers : S&P futures tumble 16 pts in reaction to much stronger than expected CPI; CPI came in at 0.07%, vs the 0.05% mean forecast..
NewsAlert [08:42] ANALYST ALERT: PWAV CIBC Ups Powerwave Tech To Strong Buy From Buy.
NewsAlert [08:43] ANALYST ALERT: GT Warburg Ups Goodyear Tire To Strong Buy From Hold.
Floyd [08:44] temar12! :-)
NewsAlert [08:44] EARNINGS ALERT: RPCX RESOURCE PHOENIX SAYS REVENUE TO GROW AT SLOWER-THAN-ANTICIPATED RATE.
NewsAlert [08:45] EARNINGS ALERT: US Earnings Calendar for April 14, 2000 Click here for complete story.
temar12 [08:45] Looks like there’s going to be lots of bargains to be had today.
bottomfish [08:47] temar, I don’t know, I’ll be very selective. Mood out there not rosy
Floyd [08:48] There are a lot more earnings out then what I have posted. Some of the data is just not understandable in the form I get it. If you are looking for a specific stock, you may want to check the link above.
temar12 [08:48] I’m in no rush bottom… be dredging for those flounders. :-)
NewsAlert [08:49] EARNINGS ALERT: GLM Upside Earnings Alert: 1Q Op 9c; First Call 6c.
NewsAlert [08:50] EARNINGS ALERT: WERN Earnings Alert: 1Q 22c; First Call 22c.
bottomfish [08:50] temar, my opinion, any rally is a sell
NewsAlert [08:50] NEWS ALERT: LEXG Lexicon Genetics Announces Issuance of Patent.
temar12 [08:51] I must have been sleeping… Did VIGN split? Or is it really down 88?
NewsAlert [08:52] ANALYST ALERT: VIAN Viant Corp -DLJ initiates BUY rating and price target of $51.
SnP [08:52] 3 for 1 split VIGN
NewsAlert [08:53] RESEARCH ALERT: Hot Stocks To Watch: CLST HMN CZN ATO.
temar12 [08:53] Whew, thanks, zzzzzzz (duh)
Floyd [08:56] VIGN: is trading post split today….not a new story…..Splits Calendar - April 2000
Click here for complete story
NewsAlert [08:57] ANALYST ALERT: LE LANDS’ END CUT TO ‘HOLD’ FROM ‘BUY’ AT CS FIRST BOSTON.
NewsAlert [08:58] RESEARCH ALERT: CLST Cellstar Corp. Curtails significant portion of its international trading operations conducted by the U.K. unit due to losses as a result of theft and fraud.
NewsAlert [08:58] RESEARCH ALERT: HMN Horace Mann Educator Expects 1Q operating earnings between 32 cents and 35 cents a share, below estimates. Also will take charge to cover settlement of insurance case.
NewsAlert [08:59] RESEARCH ALERT: CZN Citizens Utilities Agreed to sell its Louisiana Gas Service unit and LGS Natural Gas unit to Atmos for $375 million (CZN, ATO)..
NewsAlert [08:59] RESEARCH ALERT: Hot Stocks To Watch: XOM BPA ARC P SCHL.
temar12 [09:00] Thanks for the link Floyd. I see BEAS is set to split on the 24th. Didn’t it lose half its value right before the last time it was supposed to split also?
NewsAlert [09:00] RESEARCH ALERT: Exxon Mobil BP Amoco gets antitrust clearance for its $28.3 billion takeover of Atlantic Richfield. The move clears the way for Phillips to acquire Arco’s Alaskan assets. At the same time, BP Amoco settled a legal challenge with Exxon Mobil. Separately, BP Amoco shareholders in London approved a 10% buyback of the company’s shares..
NewsAlert [09:01] RESEARCH ALERT: SCHL Scholastic Corp. Agrees to buy Grolier Inc. for $400 million..
NewsAlert [09:01] NEWS ALERT: BBY BBY,MSFT] BEST BUY, MICROSOFT FINALIZE CO-MARKETING ALLIANCE.
bottomfish [09:02] AOL attractive short
BillSFla [09:04] SUNW holding above the close …for now
alleycee [09:05] JDSU back where it was the day the NAZ was down 500
bottomfish [09:06] On top of that we get fears for .50 hike
genius [09:10] test
alleycee [09:11] CSCO only trading down 1/8 pre-market …..?
NewsAlert [09:12] EARNINGS ALERT: LUFK LUFKIN INDUSTRIES Q1 EARNINGS IN LINE WITH STREET ESTIMATES–Q1 EARNS 3 CENTS VS. LOSS 21 CENTS YR AGO QTR.
temar12 [09:13] Does anyone here use CyberX?
Ziggy [09:14] NAZ Future -77.50 …..Not good….
bottomfish [09:14] FDRY best earnings I’ve seen
Ziggy [09:14] Now -85.0
bottomfish [09:15] Ziggy, where you see that (down futures)
temar12 [09:16] Ziggy, did you see MIPS “earnings”?
alleycee [09:16] S+P -24 ( futures)
Ziggy [09:16] On Globex, cme.com
Floyd [09:17] One indication of the value of analyst upgrades is to see an them sending out “strong buy” ratings on the same day that another member from the same firm is on one of the TV shows or writing a newspaper column saying, “We are going lower in the techs” or “Now is not the time to buy techs”, or other such statements.
DayTraders [09:17] Good morning Floyd and fellow traders!
Ziggy [09:17] Temar12, yea,
temar12 [09:17] Floyd. :-)
Turbo [09:18] good morning, Dave
NewsAlert [09:18] RESEARCH ALERT: Hot Stocks To Watch: CMI SWM HET.
NewsAlert [09:18] RESEARCH ALERT: Hot Stocks To Watch: F PERY PCO.
jeraldo [09:18] NOTHING matters in these markets…..good earnings, they sell, ….upgrades, they sell….until the market sentiment turns NOTHING will matter
alleycee [09:18] feels like October 98
NewsAlert [09:18] RESEARCH ALERT: Hot Stocks To Watch: TAGS KTCC SAFC.
temar12 [09:18] Morning Dave :-)
NewsAlert [09:18] NEWS ALERT: Morning Dave!!.
alleycee [09:19] mornong DT and Floyd
NewsAlert [09:20] EARNINGS ALERT: SAFC Safeco Corp. Expects to report 1Q operating EPS of 5c, lower than First Call/Thomson consensus of 33c.
ram [09:20] Floyd, didn’t all hot stocks used to Not go in the same direction? :-)
NewsAlert [09:20] RESEARCH ALERT: TAGS Tarrant Apparel Acquired Needletex Inc., an apparel company with 1999 sales of about $20M. Terms weren’t disclosed.
Ziggy [09:20] Naz Furure still -85.00 :-((
Floyd [09:21] That was the old economy ram. :-)
sunnyboy [09:21] PAIR at all time high, I’m short, down boy down
DayTraders [09:21] We’re going to take it slow with recommendations this morning. There should be some nice bargains available later if the markets rebound. For those wishing to play the short side, I believe you can short the QQQ and DIA without an uptick.
ram [09:22] :-)
Ziggy [09:23] Shorts having a field day…..
jeraldo [09:23] Floyd/Dave: Considering CPI numbers….is there any news that will turn the market, or is it more likely to be a technical rebound off of some support levels….
sunnyboy [09:24] i can’t get read on QQQ or DIA
Ziggy [09:25] WEBM was a good short yesterday morning…
Ziggy [09:28] Alot of lnvester’s Wazoo is all dry up ….
Floyd [09:28] No one has the answer to that question…I’ve been reading 100 stories a day from every source I can get my “mouse” on….everyone agrees on only one fact….they have no idea where this ends…….This is all together new territory…..tech supports are based on history, there is no history for what we are seeing here……
Floyd [09:29] But as the famous saying goes, “This too will pass”
jeraldo [09:30] Thnks Floyd: not the answer i was hoping for but probably correct….
Navy [09:30] These time marks are two minutes off….
temar12 [09:30] TOPP the only green on screen. Go Pokeman.
salty [09:31] maybe wall street waiting for most stocks to strongly break their 200 day ma before rebound ?
alleycee [09:31] csco , amzn , fdry all holding strong
NewsAlert [09:31] RESEARCH ALERT: QQQ streaming.
salty [09:31] in DIGL, what the heck
fotojim [09:33] Would like to buy ENPT but where??
Chef [09:33] Tcln wow
Chef [09:34] it another blood bath
Ziggy [09:34] Another major margin call soon again…..
alleycee [09:35] ,if market rebounds FDRY looks great
temar12 [09:36] Naz through bottom Bolinger band :-(
daytrdr69 [09:37] watch out TOS is way behind L 2
NewsAlert [09:37] RESEARCH ALERT: 4.0 EARTHQUAKE ROCKS JAPANESE ISLAND OF KOZUSHIMA, NO IMMEDIATE REPORTS OF INJURIES.
Chef [09:39] fornd in green
Chef [09:39] Typo Ford= F
temar12 [09:40] Must be something about “f” F and FMKT green.
alleycee [09:40] sunw now in red
cloud [09:40] DT: Any info. on SCH…, tia
jeraldo [09:41] 5 point spread on WEBX
jeraldo [09:41] correction: WEBM
alleycee [09:41] FDRY green……hmhmm
Turbo [09:41] you have to be pretty quick to recalculate all these p/e’s in your head. lol
temar12 [09:41] In log, Cloud. :-)
temar12 [09:42] Nevermind Cloud… thinking schl. Sorry.
bottomfish [09:43] FDRY bunch or buyers
NewsAlert [09:44] RESEARCH ALERT: SCH Schwab (SCH) Delay: Imbalance. Last 48 1/16.
salty [09:44] out DIGL , 1 1/2 sticks
stressboy [09:44] well two predictions i had about OE came true 1) their technology is big and 2) they anounced news on day of market crash (yesterday)
doc [09:44] Got Floyd’s sticky note handy……hope i don’t need it 3500 had better hold… :-)
AJTrader [09:45] MSFT below 78
DayTraders [09:45] TRADING ALERT: Consider BUY FDRY at price of $61 1/16 . Always use a protective stop loss.
opies [09:45] jump jump
Ziggy [09:46] FDRY $61 ????
temar12 [09:46] Wish I could get it there.
robfish46 [09:46] fdry 81 ?
DayTraders [09:46] TRADING ALERT: FDRY Target 84. Stop 80 1/2..
DayTraders [09:46] TRADING ALERT: Consider BUY GMST at price of $40 7/16 . Always use a protective stop loss.
DayTraders [09:47] TRADING ALERT: GMST Target 43. Stop 39 15/16..
Floyd [09:47] I think we should try to relax and be as poitive as we can….maybe go to the top of the log and read that story I posted the link to….
CHACHING [09:48] my shopping list is ready…I think we see buyers shortly…..make that I hope we see buyers…. :-)
AJTrader [09:48] SCH open
ram [09:48] yeah, everybody keep breathing… :-)
Ziggy [09:48] MIPS in $26
Navy [09:48] ram:…slowly!
DayTraders [09:49] Corrction: Buy price was 81 1/16.
seven [09:49] GTW
Floyd [09:49] Here’s that link again: It’s Not as Bad as You Think —
Click here for complete story
DayTraders [09:49] TRADING ALERT: FDRY Correction: Buy price was 81 1/16..
Ziggy [09:50] MIPS :-)))
DayTraders [09:50] TRADING ALERT: Consider SELL POSITION FDRY with a possible target of $80 1/2 Hit our stop. Will probably rebound. Showing good strength this AM.. Always use a protective stop loss.
DayTraders [09:51] TRADING ALERT: FDRY bouncing..
BillSFla [09:51] took SUNW at 77 5/8 per Rays letter
Ziggy [09:51] MIPS :-))
Floyd [09:52] If the Merrill analyst was right, we are only 232 from the bottom…hey, we can do that standing on heads!
DayTraders [09:52] TRADING ALERT: Consider BUY DMIC at price of $24 1/2 . Always use a protective stop loss.
Frodo [09:52] …..
BillSFla [09:52] sorry 78 5/8
NewsAlert [09:52] RESEARCH ALERT: $RUT] RUSSELL 2000: FALLS 3.5% OR 16 POINTS TO 472.
DayTraders [09:52] TRADING ALERT: DMIC Target 27. Stop 24..
CHACHING [09:52] stocks beginning to fill their morning gaps…..
Ziggy [09:53] PDYN :-)))
Frodo [09:53] AMCC…nice bounce
DayTraders [09:53] TRADING ALERT: Consider BUY RIMM at price of $39 9/16 . Always use a protective stop loss.
CHACHING [09:53] 232 points…this is close enough for government work, as we used to say…. :-)
Ziggy [09:53] MIPS :-))
DayTraders [09:54] TRADING ALERT: RIMM Target 42. Stop 39..
Floyd [09:54] Lot of stocks were delayed this morning on imbalance…they are beginning to trade now….let’s see if that shows up in the index…..
NewsAlert [09:54] BLOCK TRADE ALERT: AOL Amer Online (AOL) Block: 617,200 Shares At 57 1/16.
Frodo [09:54] Chach: hope you giot out of CNXT a while back…
KING [09:54] morning all. datek still getting frozen. did anyone in here sort it out and get theirs fixed?
alleycee [09:54] thank you for bouncing alert DT on FDRY…was just about to click
CHACHING [09:54] Coehn just out reinforcing her end of year targets….yes….on Bloomberg….
DayTraders [09:54] TRADING ALERT: FDRY at our target..
Frodo [09:54] King: typical Datek on busy day…
DayTraders [09:55] TRADING ALERT: FDRY 86.
KING [09:55] gotta switch from this. ridiculous
doc [09:55] PMCS nice bounce….
CHACHING [09:55] I did Frodo…lightened up on everything, thank goodness….except ATHM..
len57 [09:55] Thanks Floyd for the “its not as bad as we think”
seven [09:55] GTW
Floyd [09:56] CNBC had tht earlier this morning also CHACHING….not sure if it’s good or bad….I seen it as kind of an “I told you so” from Abby….what was your take? tia
Marcus [09:56] Out JDSU for 6 sticks…have to be cautious!
NewsAlert [09:56] BLOCK TRADE ALERT: QQQ NASDAQ 100 Shares Block: 250,000 shrs at 87.
genius [09:56] look at em fly….the big boys are lovin it….
alleycee [09:56] finally we are gonna roll with FDRY
DayTraders [09:56] TRADING ALERT: Consider BUY DVNT at price of $7 7/32 . Always use a protective stop loss.
ABOGADO1 [09:57] DT your opinion on TCLN????
CHACHING [09:57] I took it as a positive….at least she didn’t lower her targets after this selloff….but Bloomberg didn’t get into a lot of the details of what she said…..
DayTraders [09:57] TRADING ALERT: DVNT Target 8. Stop 6 7/8..
Ziggy [09:57] MIPS :-))
genius [09:57] cien is a traders work of art….
Ziggy [09:59] QQQ looks weak now….
alleycee [09:59] ARBA rebounding
DayTraders [09:59] TRADING ALERT: Consider BUY TQNT at price of $65 3/16 . Always use a protective stop loss.
Floyd [10:00] Thanks CHACHING. I didn’t hear much of the report either….but Abbey been the bull’s bull for long time…hard to belleve she’d jjoin the bears just because things got little tuff her! :-)
DayTraders [10:00] TRADING ALERT: TQNT Target 68. Stop 64 5/8..
BillSFla [10:01] out SUNW 2 1/2 stones thanks Ray/ Brian
drakewick [10:01] hi all
jsf [10:01] SP500 bouced back 50% to here,
DayTraders [10:01] TRADING ALERT: Consider BUY IMNX at price of $52 9/16 . Always use a protective stop loss.
CHACHING [10:03] Abbey really set the negative tone to the markets earlier with her move to cash….hopefully she can help set a bottom with her positive comments…
DayTraders [10:03] TRADING ALERT: IMNX Target 55. Stop 52..
jsf [10:03] CSCO below 60
Frodo [10:03] Boy, the last month or so sure has cleared out the “new 52 week high” list..
doc [10:04] PMCS….
Chef [10:05] ” can’t catch a falling knife”
DayTraders [10:05] TRADING ALERT: Consider BUY JDSU at price of $89 1/2 . Always use a protective stop loss.
Chef [10:05] Fdry on tv
BillSFla [10:05] geese..SUNW….cluck cluck
DayTraders [10:05] TRADING ALERT: JDSU Target 94. Stop 89..
Ziggy [10:05] SINA :-))
DayTraders [10:06] TRADING ALERT: GMST Raise target to 45. Raise stop to 42 1/2..
DayTraders [10:06] TRADING ALERT: RIMM Raise target to 44. Raise stop to 41..
CHACHING [10:07] chefy, did you drop a knife while cooking? that what you talking about?? :-)
Navy [10:07] In NOK
temar12 [10:08] EXDS
CHACHING [10:08] EXDS….caught that falling knife this AM…. :-)
seven [10:08] in YHOO…………..yahoo
DayTraders [10:08] TRADING ALERT: Consider BUY JBL at price of $31 1/2 . Always use a protective stop loss.
Botrader [10:09] TQNT
DayTraders [10:09] TRADING ALERT: JBL Target 34. Stop 31..
temar12 [10:11] BEAS
Chef [10:11] NAZ back at 3606
SnP [10:11] SUNW
Ziggy [10:11] CIEN Moving
CHACHING [10:11] that ADAP sure moves quickly….
CHACHING [10:11] both ways, unfortunately… :-)
NewsAlert [10:12] EARNINGS ALERT: EMLX on themost active list down 26 to 56….13% neg earnings surprise according to Zacks.
DayTraders [10:13] TRADING ALERT: GMST Raise target to 47. Raise stop to 45..
Chef [10:13] Yea Chaching I think it just touch bottom
robfish46 [10:15] out jdsu for 2 3/16 Thanks dt
Floyd [10