Apr 13 2009

Perfect day all around. 10 calls, 10 wins. Does it get any better than that? Some of usual suspects (BAC, C, RIMM) plus some odd ones (DNDN, FEED). 

Session Time: Mon Apr 13 00:00:00 2009

[07:56] {nemo} sneaky fellow

[07:56] {Threei}  who is?

[07:56] {nemo} you and you're new toy the header

[07:56] {Threei}  me be?

[07:56] {nemo} no, your evil twin...

[07:57] {Threei}  oh he is

[08:38] {Threei}  DNDN explosion

[08:39] {Threei}  don't see any news

[08:39] {dino} gm all

[08:39] {Threei}  dino :)

[08:41] {nemo} criminy...was there news?

[08:41] {Threei}  either leak or speculation

[08:43] {Threei}  sheesh... 8 on the nose

[08:45] {Threei}  I mean 9

[08:45] {Threei}  and still no news

[08:46] {dino} you take it vad?

[08:46] {Threei}  no

[08:47] {dino} has to be news on provenge (?) drud phase 3

[08:47] {Threei}  nothing on wires

[08:48] {Threei}  shortable... just checking in case we get "no approval" and have time to grab it

[08:50] {wulff} FAS just jumped

[08:52] {pita} morning all

[08:52] {Threei}  pita :)

[08:56] {dino} not finding anything but rumors

[08:56] {Threei}  same here

[08:57] {dino} meeting the 24th

[08:57] {cosmo} $25/shr is best rumor so far

[08:57] {cosmo} dndn that is

[08:58] {dino} yes, thats a nice one

[09:01] {ese} morning

[09:01] {Threei}  ese :)

[09:04] {elepet} good morning

[09:04] {Threei}  elepet :)

[09:08] {dptl} good morning

[09:08] {Threei}  dp :)

[09:10] {vinod} good morning

[09:10] {Threei}  vinod :)

[09:10] {cosmo} YHOO pre mkt high = 14.38  so far

[09:11] {Threei}  resumption of talks with MSFT

[09:13] {Threei}  ese... admin asked to ask you to check your e-mail

[09:13] {ese} that puts it above significant resistance cos......do you think it will just carry on

[09:13] {cosmo} maybe

[09:14] {Threei}  one more thing to keep an eye on: TCK

[09:14] {ese} ok will do.......my Visa expires this month i'm sure thats what it will be about

[09:16] {cosmo} so then ... you're going back home?

[09:16] {Threei}  lol

[09:16] {dino} sorry to hear es

[09:17] {dino} :)

[09:17] {Threei}  come on, it's Canada... no one goes back home, we hide in the neiborhood church

[09:17] {Threei}  until all three immigration officers have to go to the next case

[09:18] {Threei}  how do you think we grew to over 30 mil people...

[09:18] {nemo} sex?

[09:18] {cosmo} sanctuary

[09:19] {Threei}  nice try nemop... but no, we are not changing topic

[09:19] {nemo} no, that's how you grew to 30 million

[09:19] {Threei}  sigh

[09:19] {Threei}  I had one more comeback... "thanks but no"

[09:20] {fernp} Hello everybody

[09:20] {nemo} oy weh

[09:20] {Threei}  fern :)

[09:21] {magoo} morning

[09:21] {Threei}  magoo :)

[09:21] {Threei}  MGM UPDATE: INDICATING HIGHER AFTER REPORTS OVER THE WEEKEND THAT MGM GOT A WAIVER FROM LENDERS ALLOWING IT TO PAY $70M ON THE CITYCENTER PROJECT WITHOUT ITS PARTNER DUBAI WORLD

[09:27] {Threei}  most likely, first moves after the open will be guesses and confusion,

[09:27] {Threei}  later on market will start defining the direction

[09:27] {Threei}  my best guess is, up

[09:28] {cosmo} BRCD

[09:28] {cosmo} 4.91 hi so far

[09:29] {Threei}  04/13/09 06:24am

[09:29] {Threei}  [BRCD] Brocade Communications Systems Inc. Piper Jaffray Raised BRCD to Buy from Neutral, price target: $6

[09:29] {Threei}  - Firm believes an expanded IBM relationship was the biggest variable in BRCD's FY10 revenue guidance of $2.3-2.6B (includes BRCD/FDRY sales synergies) versus the $2.1-2.2B guidance (no sales synergies).

[09:29] {Threei}  - While there is still some residual integration risk with regard to the Foundry acquisition, firm believes there are many near-term catalysts that outweigh the integration risks.

[09:29] {Threei}  WFC

[09:29] {Threei}  ROCHDALE INITIATES WFC WITH BUY

[09:29] {Threei}  a bit late aren't we, Rochdale

[09:29] {nemo} gold up $15

[09:33] {cosmo} ttwo

[09:34] {Threei} Long Setup:  BAC  .30 break if stays above .20

[09:34] {cosmo} 9

[09:34] {magoo} in

[09:36] {Threei}  over 1:1

[09:36] {Threei}  half or scalp

[09:37] {Threei} Long Setup:  TCK  .65 break if stays above .55

[09:38] {Threei}  BAC 1:2

[09:38] {magoo} out .51 TY

[09:39] {ese} BAC...nice job boys.....

[09:42] {nemo} RIMM bolted

[09:42] {Threei}  WGOV?

[09:42] {nemo} tck invalumidated

[09:42] {dino} glbc, apsg

[09:43] {Threei}  wth happened

[09:43] {ese} tck invalidated Vad?

[09:43] {Threei}  yeah

[09:43] {nemo} you've got that outside/inside BBand pattern iin tck happening though

[09:44] {cosmo} ttwo salmon

[09:45] {Threei}  NFLX too

[09:45] {ese} have got nothing with a huge sell yet dino.....have you

[09:46] {dino} not really, apsg, glbc watch

[09:46] {dino} well glbc 20%

[09:47] {Threei}  keep an eye on ITRI dino, ese

[09:47] {Threei}  has p[otential to become your boy

[09:47] {dino} ge up

[09:47] {ese} will do

[09:48] {dino} ok

[09:48] {dino} 44.66 gap

[09:48] {ese} BBBY

[09:49] {nemo} look at BBY on 5 minute chart...a tad scary

[09:50] {ese} L bbby ,43

[09:50] {nemo} what's your stop ese

[09:51] {ese} .30

[09:52] {nemo} ty

[09:53] {dino} news glbc, don't see much

[09:54] {ese} out bbby .52 =}09

[09:54] {ese} +.09

[09:56] {ese} cos are you long yhoo?

[09:56] {dino} hmmmm, waiting a few more minutes

[09:56] {cosmo} y ese

[09:56] {cosmo} salmon huh?

[09:56] {ese} 1 min chart lokss fgab

[09:56] {ese} looks

[09:56] {ese} fab

[09:57] {dino} 1300, 825 gaps from 4/8

[09:58] {Threei} Long Setup:  FEED  2.90 break

[09:58] {Threei}  if stays above 2.80

[09:59] {dptl} in

[09:59] {nemo} too fast

[09:59] {Threei}  half out or scalp above 3

[09:59] {ese} missed it

[09:59] {magoo} WFC 

[09:59] {ese} would have been a good one

[10:00] {dptl} out .03 ty

[10:00] {Threei}  :)

[10:00] {cosmo} YHOO wants 14.40

[10:01] {ese} L ORCL .23

[10:01] {dino} glbc l .30, stop .99

[10:02] {magoo} bac takes 10

[10:02] {patience} good monday morninjg RT  :)

[10:02] {Threei}  patience :)

[10:03] {Threei}  BAC has that look

[10:03] {magoo} yea yea

[10:03] {magoo} wfc too

[10:04] {pita} where is reentry?

[10:05] {dino} aspg l .37, stop 17

[10:05] {dino} apsg

[10:05] {Threei}  WFC, either pullback into 19.15, or break of .50 if never loses .30

[10:05] {cosmo} many stocks breaking out of bases  fyi

[10:05] {Threei}  BAC, pullback under 10 or break of 10.15

[10:06] {ese} did i miss somethin....breakouts are not working......is it pullbacks i should be lookin at?

[10:06] {cosmo} bases

[10:06] {cosmo} on the dailies

[10:07] {ese} tks

[10:07] {magoo} in BAC

[10:07] {ese} my breakout on ORCL didn't work....am not stopped ...but just wonderin

[10:08] {cosmo} just dont think :)

[10:09] {Threei}  ese, your FITB got mojo back

[10:09] {ese} yes i'm long....at 3.10 with swing position

[10:09] {Threei}  wow

[10:09] {Threei}  that's one nice entry

[10:10] {dino} apsg stopped -.20

[10:10] {Threei}  WFC stop to under .40

[10:11] {Threei}  BAC stop to under .10

[10:11] {Threei}  BAC half out or scalp

[10:11] {Threei}  solidly over 1:1

[10:11] {dino} itri hl l .93

[10:11] {Threei}  WFC 1:1 almost

[10:11] {magoo} out BAC .41 TY BOSS

[10:11] {Threei}  half out WFC too

[10:11] {dino} apsg rinsed

[10:12] {Threei}  this one is a bit more volatile, gota keep risk unde stricter control

[10:12] {pita} BAC ty

[10:12] {Threei}  welcome guys

[10:13] {Threei}  WFC well above 1:1

[10:14] {Threei}  [09:27] {Threei} most likely, first moves after the open will be guesses and confusion,

[10:14] {Threei}  [09:27] {Threei} later on market will start defining the direction

[10:14] {Threei}  [09:27] {Threei} my best guess is, up

[10:14] {Threei}  panned out perfectly

[10:14] {Threei}  WFC 1:2 is coming

[10:14] {magoo} man..wishh i held all my original positionbs..would be REIC

[10:15] {Threei}  LULU... will I get this one right some day or not

[10:15] {Threei}  just gets away from me all the time

[10:16] {nemo} FAS/FAZ

[10:16] {dino} glbc stop to .51

[10:17] {cosmo} yhoo should hold .30  imo

[10:17] {magoo} its a wild aninmal vad..lulu..despite nice name

[10:17] {magoo} time for a pullbk

[10:17] {Threei}  nemo... you agree with me now that they meet today?? :)

[10:18] {nemo} could happen

[10:18] {Threei}  lousy 50 cents left

[10:18] {nemo} yeah, and I missed BAC this morning by .01...we'll see

[10:19] {dino} itri slipped stopped -.27

[10:20] {dino} glbc to .59

[10:21] {dino} out glbc .62, +.32

[10:24] {ese} dcc Vad?

[10:24] {nemo} no gravity on the financials.  Pour a shot Vad...here comes the crossing

[10:24] {Threei}  AIG...

[10:24] {Threei}  something's brewing here too

[10:25] {nemo} they crossed

[10:25] {dino} apsg last try l .42

[10:25] {dptl} ttwo?

[10:26] {Threei}  not an easy one

[10:26] {Threei}  I observed it as it tried to break .30 around 9:50

[10:26] {Threei}  it can be very nastuy

[10:27] {dptl} ok ty leaving it alone then

[10:27] {dino} blud

[10:28] {dptl} bpo?

[10:29] {Threei}  don't know... strange thing

[10:31] {dptl} aib?

[10:31] {nemo} weird we got the crossing then financials turned south

[10:31] {Threei}  yikes... where do you find these wierdos, lol

[10:32] {nemo} the mirror

[10:32] {Threei}  talking to do actually, but thank you for the information, nemo {G}

[10:32] {Threei}  to dp

[10:32] {dptl} :)

[10:35] {Threei}  TREASURY'S GEITHNER TO HOST G7 FINMIN MEETING IN DC ON APRIL 25

[10:36] {nemo} wow DOW volume huge, NAS low, S&P about 120%

[10:36] {Threei}  finnies are doing that I'd assume

[10:36] {Threei}  NAS is light on those

[10:40] {dino} options exp fri, fwiw...imo watch zeros and fives this week

[10:42] {Threei}  morning drop into 4.05 on F was very tempting... don't know why I hesitated to call it

[10:46] {dptl} mdt?

[10:46] {Threei}  .25 break worth a try

[10:46] {Threei}  stop under .15

[10:47] {dino} snda

[10:47] {dptl} ok ty

[10:50] {Threei}  amazes me how DNDN is holding

[10:51] {Threei}  gotta keep an eye on it

[10:51] {Threei}  this thing may be preparing another surprize

[10:53] {Threei}  if market picks up serious upward pace, one more momo candidate: APWR

[10:53] {Threei}  6.25 break

[10:55] {_robert} C?

[10:56] {Threei}  C is one of tyhe banks reporting over next week or two... bets are being placed whether it pulls WFC

[10:56] {Threei}  IMO, play it with FAS

[10:57] {_robert} ok, ty 3i

[10:57] {Threei}  their charts are very similar today

[10:57] {Threei}  if FAS resumes this victory march, C will be one of participants

[10:57] {_robert} ty

[10:58] {dptl} au?

[10:58] {Threei}  nah

[11:04] {ese} stopped orcl .00  &^%&^$^%

[11:06] {ese} didn't think it would go below 19.00

[11:14] {Threei} Long Setup:  RIMM  .80 break if stays above .70

[11:16] {dptl} in

[11:18] {Threei}  over 1:1, half out

[11:19] {Threei}  scalpers are scalpers

[11:20] {dptl} out .90 and .02 ty

[11:21] {Threei}  welcome

[11:21] {Threei}  1/4 more out .07

[11:22] {Threei}  offering last part .15

[11:23] {Threei}  out in full

[11:23] {Threei}  +.34

[11:24] {_jfjf64} nice nice

[11:24] {dino}  lbc l .85

[11:24] {Threei}  what do we have, 5:5 so far?

[11:25] {magoo} yup

[11:25] {Threei}  can I go home?

[11:26] {magoo} nope

[11:26] {Threei}  meanie

[11:26] {magoo} u are home btw

[11:27] {Threei}  hmmm

[11:28] {nemo} financials breaking out again

[11:28] {Threei}  PRESIDENT OBAMA: STIMULUS PROJECTS ARE AHEAD OF SCHEDULE, UNDER BUDGET

[11:29] {dptl} apwr if takes .25 stop under .10?

[11:29] {Threei}  yeah... risky one

[11:32] {Threei}  pirates vow revenge against USA

[11:33] {Threei}  I'll attack you but if you defend yourself I'll retaliate

[11:33] {Threei}  what's wrong with this picture?

[11:33] {nemo} Lucky Obama's president,they don't have to worry about a b52 strike levelling the coast of Somalia

[11:34] {Threei}  - Obama scheduled to speak on stimulus projects at the Dept of Transportation in a few minutes

[11:34] {nemo} buying more hybrids?

[11:35] {dino} what we need is reagan tossing a few at them

[11:35] {Threei}  why do I feel skeptical about e-mail promising weight loss with, wait for it...

[11:35] {Threei}  * No Exersize *

[11:36] {dino} just stop eating 3i

[11:36] {Threei}  I will - bui they need to learn to spell first

[11:37] {Threei}  feels like another spike is coming

[11:38] {Threei}  RIMM pulled back enough to become interesting again

[11:38] {Threei}  64 break

[11:38] {Threei}  stop under .90

[11:38] {nemo} that blew by

[11:40] {Threei}  anyone got it?

[11:40] {pita} in 04

[11:40] {nemo} how far away from break can you buy?

[11:40] {Threei}  I'd trail stop to under .95

[11:41] {dino} itri l .30

[11:41] {Threei}  we are moving into lunch time, gotta tighten things up

[11:41] {Threei}  over 1:1

[11:41] {Threei}  feel free to book it

[11:41] {dptl} mtl?

[11:42] {Threei}  not sure... way too slow

[11:42] {pita} booked ty

[11:42] {Threei}  welcome

[11:42] {dino} gj

[11:43] {dino} what the?

[11:44] {nemo} aliens?

[11:44] {dino} drop 

[11:45] {dptl} gci?

[11:46] {dino} ariel cap. ups stake to 12%

[11:46] {dino} axys hl l .27

[11:48] {Threei}  Prez on TV

[11:48] {nemo} weird spikes in shadows in FAS and FAZ today

[11:51] {dino} prez =markets drop

[11:53] {dptl} Vad,how about gci?

[11:54] {Threei}  I don't know

[11:54] {Threei}  this is not the kind of stock I would chase that far

[11:54] {dptl} yeah..got away

[11:55] {nemo} just like that FAS FAZ are $2 bucks apart again

[11:55] {dptl} was thinking.70 break with .60 stop

[11:55] {dino} dp, see above 12%

[12:09] {Threei}  US TREASURY RELEASES MUTUAL BANKS TARP TERM SHEET

[12:10] {Threei}  keep an eye on JNPR

[12:10] {Threei}  if market drops, this one looks nicely for a short

[12:11] {Threei}  17.80 being obvious trigger,

[12:12] {Threei}  but aggressive entry looks possible if we get sharp market drop and JNOPR delay

[12:13] {_jfjf64} stop??

[12:13] {Threei}  so far high of consolidation range is .92

[12:14] {Threei}  so .95 looks right for a stop with aggressive entry

[12:14] {_jfjf64} ty

[12:16] {nemo} RIMM Vad?

[12:17] {Threei}  market feels to me like dropping from here

[12:17] {dino} itri stop to .74

[12:17] {Threei}  RIMM doesn't look this way

[12:17] {Threei}  so my read is probably off

[12:17] {Threei}  backing away

[12:18] {dino} slipped .73 out, +.43

[12:20] {dino} cyou

[12:20] {nemo} omg

[12:20] {dino} straight up

[12:21] {Threei}  nice drop RIMM

[12:21] {Threei}  why did I not call short?

[12:21] {nemo} you said you couldn

[12:21] {nemo} read it

[12:23] {ese} L drys .75

[12:24] {ese} .759 to be exact

[12:25] {ese} out drys .80 +.05

[12:25] {dino} powl?

[12:26] {ese} $205 on 5000 shs

[12:26] {Threei}  ese become quite proficient at scalp type I

[12:26] {nemo} yeah, got out just in time too

[12:26] {ese} am trying ....not better than 50/50 yet

[12:27] {ese} witness orcl this morning

[12:28] {dino} esrx happy

[12:28] {ese} l drys .76

[12:28] {ese} out .81

[12:29] {ese} +.05 again same deal

[12:29] {ese} drys can pop up there like that though

[12:32] {dptl} long apwr.25

[12:32] {ese} one thing that has changed in my trading though is that when i exit a stock and it shoots up .......i'm into the "ahhhhhhh big deal stage"...more where that came from....doesn't bug frame of mind

[12:34] {nemo} was RIMM on break of resistance a reasonable trade?  Or not at lunch time?

[12:34] {dino} seems you've found your edge

[12:35] {ese} it's taken a while dino.......

[12:35] {Threei}  answer in retrospect will sure be tainted by knowing the outcome

[12:35] {nemo} came right back too, lunch time scalp at best

[12:36] {ese} a la drys right now......shot right up there....has no effect on me......whereas before it was the ..."Damn.....if i'd just hung on sybdrome"

[12:36] {Threei}  wow DRYS

[12:36] {ese} thanks vad.....i needed that

[12:36] {dptl} spwr stop still under .10?

[12:36] {dptl} apwr i mean

[12:37] {Threei}  reasonable to move it under .15

[12:37] {dptl} ok ty

[12:38] {nemo} JNPR long break of .95?

[12:38] {Threei}  (CH) UPDATE: CHINESE GOVT RESEARCHER FORECASTING PROPERTY PRICES IN CHINA TO FALL BY 50% OVER NEXT TWO YEARS

[12:38] {Threei}  nah, I'd leave JNPR alonwe

[12:39] {nemo} yeah, and EJ is up .25 more since that announcement

[12:40] {Threei}  WFC pulled back nicely for scalp entry

[12:40] {Threei}  watch FAS for upticks to grab WFC

[12:41] {Threei}  ummm

[12:41] {Threei}  way too fast

[12:41] {Threei}  don't chase, beter let it go

[12:41] {dptl} out some .39 apwr

[12:42] {Threei}  wtg

[12:42] {Threei}  good focus

[12:42] {dptl} ty :)

[12:42] {Threei}  anyone else took APWR?

[12:43] {Threei}  lazy bums... clean JBE

[12:44] {Threei}  that's 7 for 7, and I am on strike

[12:45] {dptl} all out .49 ty

[12:45] {dino} cyou continues

06[12:45] * Threei slaps dptl around a bit with a large roll of cash

[12:45] {nemo} better take tomorrow off then GS will announce everything will rocket pre-market, and the rest of the day will suck

[12:46] {magoo} when GS report?

[12:46] {nemo} hold on

[12:46] {Threei}  tomorrow before open

[12:46] {magoo} before..interesting

[12:47] {nemo} yeah, day off tomorrow

[12:47] {magoo} u taking off nemo?

[12:47] {nemo} no, I'll be here, but if everything rockets, we get a repeat of WFC's preannouncement

[12:48] {nemo} well, that's if history repeats itself

[12:49] {nemo} GS has probably made a killing this quarter, considering they were one of the big counterparties to AIG

[12:49] {pita} later all

[12:49] {Threei}  take care pita

[12:50] {dino} vprt drop

06[12:52] * magoo slaps laserdave around a bit with a large trout

06[12:52] * magoo slaps laserdave around a bit with a large trout

06[12:52] * magoo slaps laserdave around a bit with a large trout

[12:52] {laserdave} tanks

[12:52] {magoo} dont mention it:)

[12:54] {dino} vprt l .70

06[12:55] * Threei slaps laserdave around a bit with a large chart of uptrending market

06[12:58] * magoo slaps Threei around a bit with a large trout

06[12:58] * magoo slaps patience around a bit with a large trout

[12:59] {dino} algt

[13:12] {dino} chtt drop

[13:13] {dptl} will aa break 9?

[13:14] {Threei}  better question is,

[13:14] {Threei}  if it breaks, what are you going to do?

[13:15] {Threei}  see my point?

[13:16] {Threei}  what's the use in predicting

[13:16] {Threei}  better prepare your scenario

[13:16] {Threei}  and go with plan

[13:16] {nemo} 9 break stop under .93...maybe?

[13:17] {dptl} will take 9 break with .stop under .95

[13:18] {nemo} sorry, I was looking at 5 minute chart

[13:19] {dino} fslr

[13:19] {patience} magoo, why you trouting me?

[13:20] {magoo} because i can

[13:20] {nemo} it's a betrouthal

[13:21] {nemo} mmmh market woke up

[13:21] {Threei}  1:1

[13:21] {dptl} jeez...didn' get it ...how come? had .02 prepared

[13:22] {dptl} hmm wierd oh well

[13:22] {dptl} nice one..did you get it Vad?

[13:22] {Threei}  was distracted

[13:22] {Threei}  saw it breaking when it was at .05

[13:23] {dptl} here comes apwr for another leg

[13:24] {Threei}  spread became nasty

[13:25] {Threei}  sheesh

[13:25] {Threei}  look at CUBA

[13:27] {dptl} they talk about Cuba on cnbc now

[13:28] {Threei}  C

[13:28] {Threei}  chart is nice for 3.50 break

[13:29] {dptl} stop at.40?

[13:29] {Threei}  depends

[13:29] {Threei}  there are a few way to play it

[13:29] {Threei}  fo scalp type I, .44

[13:29] {dptl} no under .45 i think for scalp

[13:29] {dptl} oops

[13:29] {Threei}  for a day trade either under .40 or .35

[13:30] {dptl} aa 1:3

[13:30] {nemo} tck on 5 minute vad

[13:31] {Threei}  then there is a swing trade if you believe in GS earthshuttering report

[13:31] {Threei}  don't have read on TCK

[13:32] {nemo} in on c @ .50 or wait until .51?

[13:32] {Threei}  last shares at .50 ideally

[13:32] {Threei}  just before uptick

[13:32] {dptl} in c .50

[13:34] {dino} axys stop to .65

[13:34] {dino} out slipped .60 ave, +.30

[13:36] {dino} vprt stop to .82

[13:36] {Threei}  BAC new high...

[13:36] {dino} chtt sm l .51

[13:37] {dino} to .88 vprt

[13:38] {dino} out .88, +.18

[13:38] {magoo} nice fast

[13:44] {nemo} wanna' talk nicely to C Vad?

[13:45] {dptl} stop to under .48?

[13:45] {Threei}  hmmm

[13:45] {Threei}  is it really my style

[13:46] {nemo} on occasion

[13:46] {Threei}  if you want to be very anal-retentive, dp...

[13:46] {dptl}  ok..:)

[13:47] {Threei}  1:1 for type I

[13:47] {dptl} out some .06 1:1

[13:47] {Threei}  ese... fess up

[13:48] {nemo} out ty

[13:48] {Threei}  this is so your kind of play

[13:48] {Threei}  welcome

[13:48] {Threei}  this is what, 8:8 or 9:9?

[13:48] {dptl} yeah i see Ese on al of the ecn's

[13:49] {nemo} 9:9  counting the one you got distracted on

[13:49] {Threei}  cool beans... next time I'll just kill the guy who phoned 30 seconds before AA broke out

[13:49] {nemo} you didn't have to answer

[13:50] {Threei}  so what... I don't pretend to be fair

[13:50] {nemo} what?

[13:50] {Threei}  killing him would be unfair since it's my fault for answering the call, right?

[13:50] {nemo} right

[13:51] {Threei}  since I don't even pretend to be fair, I can still kill him

[13:51] {dptl} all out c ty

[13:51] {nemo} then again, you're just helping his soul transition to the next rotation

[13:51] {Threei}  welcome

[13:51] {Threei}  there you go

[13:51] {nemo} It's a great rationalization that has worked for me countless times

[13:52] {Threei}  also, helps with his headaches

[13:52] {Threei}  in a very radical way

[13:52] {nemo} what headaches?

[13:52] {Threei}  well, if he calls me for advice he must have some

[13:53] {Threei}  and if he doesn't, I'll still think he does - another rationalization

[13:53] {magoo} mkts got that same feel as thursday imo

[13:54] {Threei}  I agree

[13:54] {nemo} O eye C, you'll end his headaches

[13:54] {Threei}  whew

[13:54] {magoo} magoo faints

[13:54] {Threei}  was it so deeply coded?

[13:54] {nemo} multi-tasking

[13:57] {ese} sorry all....stepped out for a few minutes......fess up on what????   what did i miss or what have I been accused of ehhhhhhhh????

[13:57] {Threei}  missed C scalp type I

[13:58] {Threei}  .50 entry

[13:58] {Threei}  hit .60

[13:58] {nemo} just the usual ese...miscreant deviance

[13:58] {magoo} any read GS VAD?

[13:58] {Threei}  so your kind of play

[13:59] {_jfjf64} nice c nice

[13:59] {Threei}  up mags... but finding an entry on it, I don;'t even want to try

[13:59] {Threei}  when it danced around 128, I thought 130 today for sure,

[13:59] {magoo} BAC 11

[14:00] {magoo} i think 135 vad

[14:00] {Threei}  watched it for a while trying to find entry, gave up finally

[14:00] {Threei}  BAC one of the strongest

[14:00] {magoo} if holds130..135 in cards

[14:00] {magoo} big levels

[14:00] {nemo} fas vad

[14:00] {nemo} too late

[14:01] {nemo} reenter C break of .60?

[14:02] {Threei}  let's try for pullback rather

[14:02] {Threei}  BAC pulled back into 11

[14:02] {magoo} now its wfc turn..in it .50

[14:02] {Threei}  cross back over 11 if holding 10.90

[14:03] {nemo} RIMM pull back

[14:04] {magoo} took dime WFC

[14:04] {nemo} shit RIMM

[14:10] {Threei}  BAC invaliadated

[14:13] {nemo} It's like FAZ and FAS are magnets with opposite polarity.

[14:14] {ese} I'm outta here for the day all....see you tomorow

[14:14] {Threei}  take care ese

[14:14] {nemo} P&Q ese

[14:14] {ese} you bet

[14:14] {Threei} Long Setup:  BAC  .76

[14:14] {Threei}  stop under .70

[14:17] {dptl} thin one: cetv ?

[14:18] {Threei}  frikin thing is up 2 and half bucks

[14:18] {Threei}  no way I am touching it here

[14:19] {dptl} 2.5?

[14:19] {nemo} VAD wfc

[14:19] {Threei}  half out BAC .84

[14:19] {Threei}  scalkpers take profit

[14:20] {Threei}  low 13.50

[14:20] {Threei}  right now at 16t

[14:20] {Threei}  16 - 13.50 = 2.50

[14:20] {Threei}  no?

[14:20] {dptl} oh ye from low today...yes 

[14:23] {Threei}  out second half BAC

[14:23] {Threei}  .91

[14:23] {Threei}  10:10

[14:23] {Threei}  can I go home finally???

06[14:24] * Threei slaps magoo around a bit with a large demands, from "can I go home" to "I want a raise"

[14:24] {_jfjf64} nice nice

[14:24] {magoo} nooooooooo

[14:32] {dino} scanners green

[14:32] {patience} but are they moving?

[14:33] {dino} indeed

[14:36] {dptl} mi?

[14:37] {Threei}  lol

[14:38] {Threei}  where do you find those that run today more than in their three previous lifetimes

[14:38] {nemo} C&H 5 minute chart TCK

[14:38] {dino} everywhere

[14:38] {dptl} lol...

[14:42] {nemo} Everybody is expecting GS to blow out earnings tomorrow, yes?

[14:44] {nemo} C Vad...too late

[14:44] {magoo} problem is it is way up in advance

[14:45] {nemo} you talkin' GS mags?

[14:45] {magoo} yes

[14:45] {Threei}  C is going higher IMO

[14:45] {nemo} my thoughts too

[14:45] {magoo} might be set to sell the news

[14:45] {Threei}  I just don't want to be a breakout buyer on it

[14:45] {dino} you have to worry about buy the rumor sell the news on that run

[14:45] {nemo} my thoughts too mags

[14:45] {Threei}  notice it bottomed out right when BAC did

[14:46] {magoo} may stay strong tpoday tho

[14:46] {nemo} yes, and yes

[14:47] {magoo} like i could see 133-134 today

[14:48] {Threei}  F

[14:48] {Threei}  S&P RAISES RATINGS TO CCC+ FROM SD-; OUTLOOK NEGATIVE

[14:48] {Threei}  - The upgrade reflects our evaluation of Ford's creditworthiness following the company's completion of what we considered to be a distressed debt exchange. The transaction improved Ford's capital structure; Ford's automotive debt was reduced by $9.9B, from $25.8B at Dec. 31, 2008. Still, Ford estimates that annual cash interest savings will be less than $600M, a fraction of the company's automotive cash outflows in 2008 and, we believe, in 2009.{GM}

[14:49] {dptl} Vad..how about aa short of .23?

[14:49] {Threei}  50/50, IMO

[14:50] {dptl} ok

[14:50] {dptl} ty

[14:56] {dino} vprt l .00

[14:57] {Threei}  BAC lost mojo somewhat, C stays strong

[14:58] {Threei}  ugh

[14:58] {nemo} what did you miss?

[14:58] {Threei}  DNDN, I was keeping it on a backburner for so long that finally missed the spike

[14:59] {Threei}  lol

[14:59] {laserdave} im away?

[14:59] {laserdave} where did i go?

[14:59] {Threei}  dave is losing it

06[14:59] * nemo slaps laserdave around a bit with a large bottle of no-doz

[15:07] {magoo} vad..whatcha think here?

[15:08] {Threei}  explosive finish

[15:09] {nemo} explosive or implosive?

[15:11] {Threei}  UN SECURITY COUNCIL FORMALLY ADOPTS STATEMENTS CONDEMNING NORTH KOREA'S ROCKET LAUNCH

[15:13] {dino} vprt to b/e

[15:15] {dino} to .11

[15:15] {dino} out vprt +.11

[15:15] {dino} re: n korea, like they care

[15:15] {nemo} gotta' send in the "World Police"

[15:17] {dino} another "resolution" w/o teeth, big deal, mark my words in 60 days they will give hundreds of millions in aid to them, calling it tough new deal

[15:17] {dino} every year same thing

[15:19] {Threei}  FAS is trading above FAZ

[15:19] {magoo} thats SICK

[15:19] {Threei}  how funny is that

[15:19] {dino} powl to .10

[15:19] {Threei}  FAS started as 20 if I remember correct

[15:19] {Threei}  FAZ at 120

[15:20] {Threei}  both are under 10

[15:20] {Threei}  what kind of vehicle is that

[15:20] {Threei}  lol

[15:21] {dino} out powl .25, ave +.33

[15:22] {dino} hybrid i guess

[15:22] {Threei}  lol

[15:22] {nemo} is that the Buffet china investment?

[15:22] {Threei}  you mean feel-good-but-totally-useless-POS?

[15:23] {nemo} don't know, I have an article, am not watching CNBC

[15:23] {dino} pretty much

[15:23] {dino} whats cnbc

[15:23] {nemo} it's a matador

[15:24] {dino} lol

[15:24] {nemo} wondering if you remembered?

[15:27] {dino} ?

[15:27] {nemo} what

[15:33] {dino} i guess i don't remember

[15:34] {nemo} What's a matador?  Ugly AMC car

[15:34] {Threei}  I feel this conversation would be bought by stand-up comedians on the spot

[15:34] {dino} ahhhh, was lost there

[15:34] {nemo} you're younger than I am

[15:34] {dino} 44

[15:35] {nemo} yep

[15:38] {dino} glbc to .81, all dayer

[15:39] {dino} out .85 flat

[15:40] {dino} now just need to get rid of that piece of chtt

[15:41] {dino} c'mon, that's funny

[15:41] {magoo} vad..what ya looking at?}

[15:41] {nemo} yeah, just tired, dino

[15:41] {Threei}  at dino's line

[15:41] {Threei}  trying to figure out funny part

[15:41] {Threei}  kidding dino... it is funny :)

[15:42] {dino} you guys kill me

[15:42] {Threei}  TRBR

[15:42] {Threei}  is that a joke?

[15:42] {dino} like an abbott and costello show

[15:43] {Threei}  mags, C and BAC are main players

[15:44] {Threei}  I am just not sure it's worth risk so close to eod

[15:44] {nemo} wish I had gone long on that C break of .60...

[15:44] {Threei}  do I really want to spoil the perfect day?

[15:45] {dino} 6 for 9

[15:49] {dino} out chtt .60, +.15 ave

[15:49] {dptl} have a good evening all

[15:49] {Threei}  take care dp

[15:49] {dino} that's it for me, don't want to mess up

[15:50] {Threei}  neither do I

[15:50] {Threei}  just watching the close

[15:50] {Threei}  interestingly quiet

[15:50] {Threei}  at the high

[15:51] {nemo} bode higher for tomorrow Vad?

[15:52] {Threei}  well, action wise yes but still gotta hear from GS

[15:52] {nemo} or, the reaction to GS anyway.  I think they kill it tomorrow

[15:53] {Threei}  GS may prove very hard to kill...

[15:53] {nemo} No...I mean earnings, they did well this quarter

[15:53] {cosmo} on bailouts

[15:53] {Threei}  rumor says total kill

[15:54] {Threei}  overkill

[15:54] {nemo} wow RIMM giving it back

[15:54] {Threei}  kill twice, and then kill again to be sure

[15:54] {nemo} Taxpayer got fornicated big time

[15:54] {Threei}  US PATENT OFFICE REPORTEDLY REJECTS ALU TOUCH-SCREEN PATENT THAT RESULTED IN A $358M JURY VERDICT AGAINST MSFT

[15:54] {Threei}  - in a March 26 notice, the patent office stated the elements of the patent used to rule against MSFT were obvious variations of public domain touch screen tech. ALU patents will remain in force during any appeal process that ALU intiates with the patent office.

[15:54] {Threei}  - the jury verdict last year with interest now stands at about $511M.

[15:54] {Threei}  - the case is Lucent Technologies v Gateway Inc. in the southern district court of California.

[15:56] {Threei}  any blip with GS, FAZ will be major buy

[15:56] {nemo} Have to be up early tomorrow

[15:57] {Threei}  okay guys, hope everyone's happy today

[15:57] {Threei}  who isn't load up on dopamine

[15:57] {Threei}  have a good evening, see you all tomorrpw

[15:57] {Threei}  will be verrry interesting day

[15:58] {magoo} ty vad

[15:58] {magoo} everyone

[16:00] {_jfjf64} nice day 3i

[16:00] {Threei}  yeah... I reserve right for couple stops tomorrow

[16:01] {_jfjf64} lol