May 18 2009
Quite a backwards day. Not much worked; two nicely-sized wins on CAT and PALM and a scalp on FAS (on which we really underestimated the strength of the move) were not enough to cover a few stops, so we ended day slightly negative.
Session Time: Mon May 18 00:00:00 2009
[08:16] {pita} gm all
[08:16] {Threei} morning pita
[08:16] {nemo} pita :)
[08:17] {vinod} good morning to all
[08:17] {pita} so... there are earlybirds indeed
[08:17] {Threei} vinod :)
[08:17] {nemo} early bird gets the worm...nighthawk gets the early bird
[08:18] {Threei} yes pita but then, if early bird gets a worm, night hawk gets the early bird
[08:18] {nemo} Oh jeez...here we go
[08:18] {pita} maybe I should have slept in
[08:18] {Threei} nah, just pretend you are a night hawk
[08:19] {vinod} got make 2k this week. let see if i can do it?
[08:20] {pita} lets do it today and the rest of week will be bonus
[08:20] {vinod} all the bonus shoul got to boss?
[08:21] {nemo} Rend to Caesar
[08:21] {pita} nah, you trade it you earn it
[08:21] {vinod} and deficit will come from the boss
[08:21] {pita} I like that part
[08:22] {vinod} will be backafter 9.30
[08:46] {_king} good morning
[08:46] {Threei} morning king
[08:52] {Threei} sheesh... look at IFN
[08:52] {jfjf64} mornin all
[08:52] {Threei} jf :)
[08:53] {Threei} I assume it's a reaction on election results
[08:54] {Threei} two indian stock by memoery, SIFY and REDF
[08:54] {Threei} bothare gapping too
[08:54] {nemo} what about infosys?
[08:54] {Threei} symbol?
[08:55] {nemo} infy
[08:56] {Threei} 05/18/09 05:34am
[08:56] {Threei} [INFY] Infosys Technology Ltd CFO: Continues to target acquisitions in the $200-300M range
[08:56] {Threei} - Market remains volatile, expects outsourcing activity to recovery in 2010
[09:04] {lamant} hello,morning
[09:05] {Threei} lamant :)
[09:05] {lamant} :)
[09:07] {dptl} good morning all
[09:07] {Threei} dp :)
[09:09] {ese} good mornign
[09:09] {fernp} Good morning everybody
[09:09] {ese} fern
[09:09] {Threei} ese, fern :)
[09:09] {ese} hey vad
[09:10] {ese} beautiful weather here in la la land vad
[09:11] {Threei} \no kidding
[09:11] {ese} been down to your crabin dock.....even just to enjoy the sun
[09:12] {Threei} going to this week
[09:15] {Threei} BAC
[09:15] {Threei} FITCH DOWNGRADES CERTAIN BOFA RATINGS ON CAPITAL PLAN CONCERNS
[09:20] {chinggis} gm all
[09:21] {nemo} mornin"
[09:21] {ese} cha ching
[09:21] {Threei} chinggis :)
[09:21] {ese} neeeeeemoooooooo!!!!!
[09:21] {dino} gm all
[09:21] {dino} infy?
[09:21] {Threei} dino :)
[09:21] {ese} diiiiiinoooooooo!
[09:21] {nemo} ese dino nemo...oh that's me
[09:21] {Threei} [08:56] {Threei} 05/18/09 05:34am
[09:21] {Threei} [08:56] {Threei} [INFY] Infosys Technology Ltd CFO: Continues to target acquisitions in the $200-300M range
[09:21] {Threei} [08:56] {Threei} - Market remains volatile, expects outsourcing activity to recovery in 2010
[09:22] {nemo} India has popped because of the elections Dino
[09:22] {dino} and that moves it up 4.50+?
[09:22] {dino} \hmmm
[09:22] {Threei} no, mostly India elections
[09:22] {nemo} look at any india stock
[09:22] {dino} is infy india stock?
[09:22] {nemo} pretty much
[09:22] {dino} ok ty
[09:24] {nemo} that probably led to the oil pop too
[09:25] {ese} plus one less war in this world to think about in Sri Lanka
[09:25] {nemo} Don't worry Pakistan is about to blow up
[09:25] {Threei} what's with WFC?
[09:25] {ese} hmmmm up a bill and a bit
[09:26] {Threei} no news that I see to propel it like this 5 min ago
[09:26] {pita} Buffet increased stake
[09:26] {Threei} that's last week news
[09:26] {nemo} Financials were down for a couple days maybe a little snap back.. THen again aren't all the bank analysts at the banks raising their ratings on the other banks?
[09:27] {Threei} this spike is WFC specific
[09:27] {nemo} BAC is up .83, which is a higher % than wfc
[09:27] {Threei} look at the charts
[09:27] {pita} finnies are generally up, fas spiking same time
[09:27] {Threei} see WFC spuike while BAC stayed where it was?
[09:28] {nemo} catch up?
[09:30] {ese} L drys
[09:31] {magoo} etojjktahdjajafd;fd
[09:32] {Threei} I agree
[09:32] {nemo} supercalifragilistiexpealodicious
[09:32] {nemo} spelled it wrong :(
[09:33] {magoo} news AAPL?
[09:33] {magoo} morning..late
[09:33] {Threei} no
[09:33] {magoo} bounccer vad ?
[09:34] {Threei} Long Setup: FITB 7.50 break if holding above .40
[09:36] {Threei} invalidated, bounce candidate with FAS
[09:36] {Threei} SIFY...
[09:39] {vinod} any interest in IBN
[09:40] {Threei} way too volatile
[09:40] {ese} l drys...avg position .23
[09:41] {Threei} Short Setup: WFC on bounce above .90, half lot
[09:42] {ese} next.... am gonna sit on that position for a bit
[09:42] {Threei} barely touched .91... anyone managed to get?
[09:42] {vinod} did not get it
[09:42] {fernp} not here
[09:42] {jfjf64} n
[09:43] {nemo} nyet
[09:43] {dino} mygn sm l .50
[09:43] {Threei} OK... I wanted it a bit closer to 26
[09:43] {jfjf64} still valid
[09:44] {jfjf64} ?
[09:44] {Threei} keep oreder ready
[09:44] {Threei} I'll try to comment on the fly
[09:47] {dino} ens sm l .90
[09:47] {Threei} doesn't give clean entry
[09:48] {fernp} MS breakout Vad?
[09:49] {Threei} doesn't excite me honestly
[09:50] {jfjf64} weird open?
[09:50] {ese} l fitb .44
[09:51] {dino} aipc drop
[09:51] {Threei} Long Setup: FAS .40 break
[09:52] {Threei} if stays above .30
[09:52] {Threei} no intention to short WFC anymore for now
[09:52] {ese} out fitb partly .50
[09:53] {ese} rest .49 +.055
[09:54] {ese} standard way i've been playing it
[09:54] {ese} would go long again but your right odd market this morning
[09:55] {ese} no real move in the qqqq one way or the other
[09:58] {Threei} SYNA, pullback into 31.50 woyld be entry zone
[09:58] {Threei} half lot, volatile one
[09:59] {ese} there fitb
[10:00] {ese} break of .50 but not really shooting up there
[10:02] {Threei} WFC was worth it after all
[10:02] {chinggis} NVDA?
[10:02] {dino} qsii
[10:03] {Threei} NVDA is not really a player without strong market move
[10:03] {nemo} looks like a short chinggis
[10:03] {chinggis} ok ty
[10:04] {Threei} this is one of those that can torture you for hours within a very narrow range unless market is really moving
[10:04] {nemo} sounds like marriage
[10:04] {jfjf64} nice nemo
[10:04] {magoo} with no benefits lol
[10:05] {magoo} FITB went
[10:05] {magoo} took .43 out .63
[10:05] {ese} yup
[10:05] {ese} against the market
[10:05] {magoo} took with ese
[10:05] {ese} you still in
[10:05] {magoo} just held it longer
[10:05] {Threei} good job
[10:05] {Threei} let it pull back now
[10:05] {magoo} out .63 @K
[10:05] {magoo} 2k
[10:05] {ese} nice mags
[10:05] {Threei} closer to .50
[10:06] {ese} i buy too many shares of it to stay around too long
[10:07] {Threei} SQNM, what a dog
[10:07] {Threei} WFC again
[10:07] {Threei} .90 break short
[10:07] {Threei} half lot
[10:08] {ese} at some point that one will be a long play vad......reasonable company have the crap kicked out of it
[10:08] {dptl} in wfc
[10:08] {nemo} in
[10:09] {fernp} not available here
[10:09] {nemo} stop 26?
[10:09] {Threei} just above
[10:09] {magoo} FAS trying boss
[10:09] {magoo} FITB hands out scalpers regrett to magoo :(
[10:10] {jfjf64} stoped wfc
[10:11] {ese} fitb 2 day high
[10:11] {dptl} stopped wfc
[10:11] {nemo} stopped
[10:16] {ese} qqq covered gap maybe up from here
[10:16] {Threei} Long Setup: CAT .70 break if stays above .60
[10:16] {dptl} in
[10:17] {nemo} in
[10:18] {Threei} if works, plan is: half out near .80 for a day trade, out in full for scalpers
[10:20] {ese} thinking long WFC vad at .01....opinions
[10:20] {magoo} in CAT
[10:20] {ese} missed it anyway
[10:20] {Threei} hard to ytell ese... looks right to me but WFC fooled me today already
[10:21] {ese} hmmmm
[10:21] {Threei} half out CAT
[10:21] {nemo} out cat
[10:21] {magoo} really?..thought we'd let her move
[10:21] {Threei} [10:18] {Threei} if works, plan is: half out near .80 for a day trade, out in full for scalpers
[10:22] {magoo} missed that ..oops
[10:22] {Threei} sigh
[10:22] {Threei} dino, send him to get coffee please
[10:24] {Threei} trailing stop to .65 for the balance
[10:24] {wulff} you like .80 break for new entry CAT?
[10:24] {Threei} yes if never loses .70
[10:25] {dino} gremilns, having computerr issues
[10:25] {nemo} Ha! that's what we used to call it in systems work when we couldn't figure it out
[10:25] {Threei} those are not gremlins... that's magoo pouring orange juice on your keyboard when you are not looking
[10:26] {magoo} excuse me..it was orange soda
[10:26] {Threei} or that
[10:26] {dino} why do i need spyware protect 2009, when i have norton?
[10:27] {Threei} Long Setup: HIG .62 break half lot
[10:27] {Threei} if stays above .50
[10:28] {magoo} in
[10:28] {dptl} in
[10:28] {dino} they have blocked me from all websites but theirs'mygn to .39 stuck
[10:29] {Threei} did it ever break .62?
[10:29] {nemo} no
[10:29] {fernp} no
[10:29] {Threei} or you are all aggressive?
[10:29] {magoo} agg here
[10:29] {dptl} it was like 100 sh left
[10:30] {ese} anyone go long fas
[10:30] {Threei} everyone is withg reserve on these stocks
[10:30] {ese} thinkin about pull back here to .50
[10:30] {magoo} cat crazy..was .78..dropped to .66 ..then .80
[10:30] {nemo} in
[10:30] {Threei} finally CAT
[10:31] {magoo} u see it drop first or too busy scolding us lol
[10:31] {Threei} not sure what your point is
[10:32] {Threei} as long as it didn't stop me out, who cares
[10:32] {magoo} no popint..was a crazy move is all..something to see
[10:33] {jfjf64} stoped hig
[10:33] {nemo} stopped hig
[10:33] {dino} ens to .87
[10:33] {dptl} stopped hig
[10:33] {fernp} stopped
[10:33] {magoo} yeah..kills me ..01 cent off vads entry and kill u
[10:34] {dptl} Vad ,you still in cat?
[10:34] {Threei} offered 1/4 .90, didn't get fill
[10:35] {nemo} FITB short?
[10:35] {dptl} but if you sold half at 1:1 should you been out second at b/e?
[10:36] {Threei} gosh... anyone is reading my coments today?
[10:36] {nemo} yeah, I scalped cat and stopped out on hig and wfc
[10:36] {Threei} [10:24] {Alert} Threei trailing stop to .65 for the balance
[10:37] {Threei} CAT 1:2, 1/4 more out
[10:37] {nemo} I still haven't got my prizes from last week, Vad
[10:37] {dptl} oh sorry missed that comment gocha
[10:37] {Threei} if there is any deviation from routine I post it
[10:38] {Threei} stop to under .75 for the balance
[10:38] {dptl} was all out btw on cat ty
[10:42] {magoo} out CAT here .97 TY vad
[10:42] {magoo} DL
[10:42] {Threei} welcome
[10:43] {Threei} out in full +.30
[10:43] {magoo} scalpers regrett will be dished out i fear
[10:47] {magoo} i wanna let my winners win..but i keep scalpin SIGH
[10:48] {magoo} now vads ignoring me.....
[10:48] {Threei} now?
[10:49] {magoo} well..i just took u off block..so it seems like now to me
[10:49] {Threei} maybe I need to reciprocate...
[10:49] {Threei} Long Setup: PALM .85 break
[10:50] {Threei} stop for scalpers under .80, for day traders under .70
[10:50] {nemo} partial in
[10:50] {nemo} partially more
[10:51] {Threei} hit 1:1 for scalpers
[10:52] {nemo} didn't see that
[10:52] {Threei} ??
[10:52] {Threei} spiked to .95, took half of my shares at .92
[10:53] {Threei} are we in the same universe}?
[10:53] {magoo} i was .97 no fill
[10:53] {Threei} no because it toped out at .95
[10:53] {magoo} yup
[10:53] {Threei} kind of hard to get fill at .97
[10:53] {magoo} man..why u on my case? LOL
[10:53] {Threei} ummm
[10:54] {Threei} let me think
[10:54] {Threei} 'cause you are here?
[10:54] {Threei} actually no
[10:54] {Threei} I am on yor case when you are not here just the same
[10:54] {magoo} i miss 3 trades..take two aggressive..ask many dumb questions..dont reply to your questions..and u give me sh#t
[10:55] {Threei} really... why would I {G}
[10:55] {dptl} lol..it's just one of those monday Vad ,hard to wake up :)
[10:55] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[10:56] {nemo} poor polar bear
[10:56] {dptl} ye there...ekzaktly
[10:56] {Threei} that was very rude of HIG
[10:57] {nemo} kick palm vad
[10:57] {Threei} sure thing
[10:58] {Threei} stop to .75 for daytraders
[10:59] {Threei} for those who still soundly asleep: this is a slight deviation from routing since 1:1 for daytraders is not reached yet; so I post stop trailing
[10:59] {Threei} from routine
[11:00] {magoo} HUH?
[11:00] {magoo} which one {lol}
[11:00] {chinggis} Vad any read on DRYS?
[11:01] {Threei} feels up to me
[11:01] {chinggis} u mean no good?
[11:01] {Threei} OK... it's official now
[11:01] {Threei} everyone is asleep today, lol
[11:01] {Threei} up means moving up
[11:02] {Threei} you know... price increase
[11:02] {Threei} as opposite to down which means price decrease
[11:02] {chinggis} sorry... ty
[11:02] {Threei} hehe
[11:02] {nemo} threeish is tough
[11:03] {Threei} ideally, if it moves couple times betwen .05 and .10, then breaks with msrket help
[11:03] {Threei} that would be perfect setup
[11:03] {chinggis} ok ty
[11:06] {nemo} stopped palm
[11:09] {Threei} I am lost
[11:09] {nemo} why
[11:09] {Threei} by this stop you went for a scalp
[11:09] {Threei} if so, you had your 1:1
[11:09] {nemo} right
[11:09] {nemo} missed it
[11:09] {nemo} that's all
[11:10] {Threei} it's been there twice
[11:10] {nemo} first long one I missed. Had orders sitting @ .92 that did not get filled
[11:10] {nemo} had I gone for .91, would have got it
[11:11] {magoo} um..would have got .905 he he...BUT not .97 where i was
[11:11] {magoo} .95
[11:12] {Threei} DRYS is holding decently
[11:12] {Threei} needs market help
[11:12] {Threei} if gets it, should do well
[11:13] {chinggis} ok
[11:13] {jfjf64} what ya lk for entry
[11:13] {Threei} .10 break
[11:13] {jfjf64} ty
[11:14] {Threei} CNBC'S GASPARINO SAYS MORGAN STANLEY IS SEEKING PRELIMINARY APPROVAL TO LEAVE TARP
[11:14] {Threei} - follows his report on last Friday that GS and JPM to be among first banks to be allowed to repay TARP and govt permission could come as early as this week
[11:14] {jfjf64} stop at .05
[11:14] {nemo} that should propel the financials
[11:15] {Threei} if holding above that, yes jf... and not "at" but "under"
[11:15] {jfjf64} ty
[11:19] {chinggis} If DRYS hits 7.04 , is short point
[11:19] {chinggis} ?
[11:19] {chinggis} is it short point?
[11:19] {Threei} judgment call... I wouldn't
[11:19] {chinggis} ok ty
[11:24] {Threei} MNKD
[11:24] {Threei} FDA ACCEPTS SUBMISSION AND FILES NDA FOR AFRESA
[11:24] {Threei} - U.S. Food and Drug Administration (FDA) has accepted and filed MannKinds New Drug Application (NDA) for AFRESA, an ultra rapid-acting insulin. MannKind is seeking FDA approval of AFRESA for the treatment of adults with type 1 or type 2 diabetes mellitus for the control of hyperglycemia. {NVO}
[11:36] {fernp} .
[11:37] {jfjf64} anybody up for littlle 5 card lol
[11:50] {Threei} US HOUSE TO ADOPT SENATE BILL WITHOUT BANKRUPTCY REFORM
[11:50] {nemo} of course, screw the consumer
[11:51] {Threei} OGXI lost its mind
[11:51] {Threei} FDIC TO MODIFY ASSESSEMENT CHARGED ON BANKS TO BE FOCUSED ON TOTAL ASSETS; AS OPPOSED TO DEPOSITS
[11:51] {nemo} whoa
[11:52] {nemo} that'll increase costs
[11:56] {Threei} if PALM ever works it's going to be officially to longest play of the day
[12:01] {Threei} Short Setup: HIG .80 break
[12:02] {Threei} if stays below .90
[12:07] {nemo} still valid?
[12:09] {Threei} yeah
[12:10] {dptl} in
[12:11] {nemo} won't take my order
[12:11] {Threei} huh?
[12:12] {nemo} frickin' Mondays
[12:15] {Threei} I don't even know what that means... what, you got message "take your order back, we don't want it"?
[12:16] {nemo} sorry had sell on didn't get fill @ .78
[12:16] {Threei} so... second chance
[12:16] {Threei} first weakness from here
[12:17] {nemo} in .81
[12:21] {Threei} die already HIG
[12:21] {nemo} palm won't live, Hig won't die
[12:21] {Threei} typical monday...
[12:22] {nemo} does tht make next Tuesday Monday?
[12:23] {Threei} sureely FAS and HIG don't mean to break out this time of the day?
[12:23] {nemo} looks that way
[12:24] {magoo} AAPl move on volume
[12:24] {Threei} AAPL PIPER JAFFRAY MAKE POSITIVE COMMENTS (TIMING UNCERTAIN)
[12:25] {Threei} what the deuce
[12:25] {jfjf64} stoped
[12:25] {nemo} stopped
[12:25] {dptl} stopped
[12:25] {Threei} FAS new high
[12:25] {fernp} stopped
[12:29] {Threei} TREASURY SPOKESPERSON: GM/UAW TALKS COVER "ALL ASPECTS" OF GM'S PLAN, INCLUDING PRODUCTION
[12:30] {dino} finally back
[12:37] {ese} ese is not away
[12:38] {ese} ese has been patiently watching FITB
[12:38] {nemo} ese talks about himself in the 3rd person
[12:38] {Threei} want to try 7.90 break?
[12:38] {nemo} scalpers 1:1 on palm
[12:39] {ese} maybe
[12:40] {ese} q's look like there going that way
[12:40] {nemo} fas climbing fitb not
[12:40] {ese} does everyone see those mesages.....ese is away....or does that just appear on my screen
[12:40] {chinggis} Vad any read on ZION? 10 min looks attractive
[12:41] {Threei} bothers me that it didn't really follow FAS on this last move
[12:41] {chinggis} ok ty
[12:42] {ese} yes noticed that
[12:44] {dino} i see them
[12:44] {nemo} what, Gremlins?
[12:44] {ese} zion a litle more than FITB though vad
[12:44] {Threei} PALM nears to 1:1 for daytraders
[12:44] {dino} that and dead people
[12:45] {magoo} .
[12:45] {jfjf64} cat
[12:45] {dino} amed
[12:49] {ese} L Fitb..01
[12:50] {Threei} PALM finally
[12:50] {ese} as soon as i go long the q's move against me...daaaaaaa^%$
[12:51] {Threei} out 1/4 more
[12:53] {Threei} stop for the last portion to under .90, no lose territory
[12:53] {Threei} that's one patience-trying trade
[12:55] {nemo} ever go long amed, Dino?
[12:57] {dino} not yet was thinking .00 trig
[12:57] {dino} or whoosh down to 30.10s
[12:58] {dino} aipc interesting
[12:59] {nemo} break of .10?
[12:59] {nemo} nevermind
[13:00] {Threei} MAY NAHB HOUSING MARKET INDEX: 16 V 16E
[13:02] {nemo} market selling the housing news?
[13:03] {Threei} (US) TREASURY SEC GEITHNER: BELIEVES TREASURY IS DOING WELL WHEN IT COMES TO "SPEED AND QUALITY" OF ITS POLICY RESPONSE
[13:04] {Threei} anyone else but him believes that?
[13:06] {ese} out FITB .02 -.09
[13:06] {ese} went smaller shares this time good thing
[13:07] {dino} missed aipc, sidetrack day
[13:07] {ese} make tha .82
[13:07] {Threei} what am I trying to squeeze out of PALM this ime of the day?
[13:07] {ese} Vads 6th sense for danger i guess
[13:08] {Threei} something wasn't right about that ese
[13:08] {Threei} then again, whole day today is not right
[13:08] {ese} definately.....
[13:08] {ese} yes would agree
[13:09] {ese} even though i's an up day...weird day
[13:09] {Threei} trailing last portion PALM to under .95
[13:09] {nemo} Feels like a Potemkin rally
[13:09] {ese} whats a potemkin rally?
[13:09] {nemo} like Potemkin village...just facades. Doesn't feel real
[13:10] {ese} hmmmmmm
[13:10] {Threei} it's nemo demonstrating knowledge of russian historyt
[13:10] {nemo} then again, I'd have to have a grip on reality in the first place
[13:10] {ese} ahhhhhh
[13:11] {Threei} Potemkin villages were purportedly fake settlements erected at the direction of Russian minister Grigory Potyomkin to fool Empress Catherine II during her visit to Crimea in 1787.
[13:12] {ese} go figure
[13:15] {ese} empire looks prosperous type of thing....lets tax the people a litle more?
[13:16] {Threei} done with PALM
[13:17] {Threei} can't believe this trade took so long
[13:17] {Threei} not that I was to reject money only because it wasn't instant
[13:17] {dino} amed sm l .00
[13:18] {dino} tricked me
[13:19] {nemo} Monday Dino...Don't worry, turnaround Tuesday (but wait the rally was today) is just around the corner
[13:19] {nemo} :)
[13:19] {dino} lol
[13:20] {dino} too nany distractions today, possible tenant, drain pipe from roof leak, computer issues...
[13:22] {Threei} US PRESIDENT OBAMA TO REPORTEDLY DISCLOSE AN AUTO EMISSIONS STANDARD TOMMOROW
[13:22] {Threei} {GM F F.IT}
[13:22] {Threei} and that will be the last nail in auto industry coffin
[13:25] {dino} his timing i horrible\
[13:25] {Threei} akin to getting patient fresh from chemo to run marathon
[13:26] {magoo} really..how dumb is he?
[13:26] {magoo} lets place costly restrictions..excellent timing
[13:33] {magoo} .
[13:35] {Threei} lol... chnggis, remember we discussed NVDA earlier?
[13:35] {chinggis} yes
[13:35] {Threei} it's right where it was within 3-5 cents still
[13:35] {dino} akam sm l .00
[13:36] {nemo} who dino?
[13:36] {chinggis} yes it is not moving much
[13:36] {Threei} [10:04] {Alert} Threei this is one of those that can torture you for hours within a very narrow range unless market is really moving
[13:36] {chinggis} usb breaking hod
[13:37] {Threei} if we were tortured by PALM, this one would really kill us
[13:37] {dino} akam
[13:37] {dino} opps afam
[13:45] {Threei} Long Setup: FAZ .20 break
[13:45] {Threei} stp .14 for scalpers
[13:46] {Threei} under .10 for day traders
[13:46] {Threei} (US) REPORTEDLY US SENATE IS MULLING CHANGES TO DRUGMAKER REBATES IN MEDICADE
[13:49] {nemo} in
[13:49] {dptl} in vaz
[13:49] {dptl} faz
[13:49] {nemo} whoa dp, drinking already?
[13:50] {Threei} as if he ever stopped
[13:50] {Threei} it's dp we are talking about
[13:50] {dptl} :)
[13:50] {nemo} maybe that was the problem
[13:50] {_king} threei - what time frames are you using?
[13:52] {Threei} on charts?
[13:52] {Threei} 1 min and daily
[13:58] {_king} ya
[13:58] {_king} thanks
[14:04] {ese} king is back....huh??....ELVIS baby!!!!!where ya been?
[14:05] {_king} lol
[14:05] {Threei} lol ese
[14:05] {ese} wrong king?
[14:06] {ese} for a second I thought this was devine intervention......a sign from above.....i'd signed up with the right board......
[14:07] {Threei} dp... this man is way too sober
[14:07] {ese} orrrrrrrr........
[14:07] {ese} way too loaded.......???
[14:07] {dptl} :)
[14:08] {nemo} mickey mouse blotter ese?
[14:08] {ese} yes indeed????
[14:08] {ese} and will be picking up another one june 4th
[14:08] {nemo} like the cactus or fungi myself
[14:09] {ese} make that july 4th....family is heading to disney land....july 4 to july 9
[14:09] {dino} afam stop to .29
[14:10] {ese} nemo ...you dino...mags ....the lot of ya.....can fly out to the west coast lfor a beer? hmmmmm
[14:11] {magoo} in {to invitatiuon and beer}
[14:11] {dino} would love to, but no time
[14:11] {dptl} stopped fas
[14:11] {dptl} faz
[14:12] {ese} if your there mags....lets hook up
[14:13] {dino} out afam .32, +.32
[14:14] {magoo} oh..sorry ese..im married hetero
[14:14] {nemo} make exceptions for sheep magoo?
[14:15] {magoo} ummmm...no
[14:16] {nemo} larisa retired?
[14:18] {dptl} ok thats it for me for today...it's just not working for me today ,have a good evening all see ya tomorrow :)
[14:19] {ese} see ya dp....
[14:19] {Threei} take care dp, sure not our day
[14:19] {ese} you mean for the nemo....larissa tha is
[14:19] {ese} for the day
[14:19] {Threei} two wins are of a nice size, yet don't keep us in black
[14:24] {Threei} .short WFC .20
[14:25] {Threei} stop above .30
[14:25] {magoo} full lot?
[14:25] {Threei} yeah, stop is tight enough
[14:26] {dino} meli
[14:26] {magoo} stop? where?
[14:26] {Threei} let's see:
[14:26] {Threei} [14:25] {Threei} stop above .30
[14:27] {Threei} it means, if it trades at any price starting with .3
[14:27] {Threei} like .31
[14:27] {magoo} oh missed it lol
[14:27] {Threei} .32
[14:27] {Threei} etc
[14:27] {Threei} what is it today, lol
[14:28] {dino} meli sm l .00
[14:28] {magoo} any read on our pet CAT?
[14:29] {Threei} not here
[14:29] {magoo} which room then?
[14:31] {Threei} weverythinbg is backwards today
[14:32] {nemo} stopped all
[14:32] {nemo} done for day
[14:32] {jfjf64} stoped
[14:41] {Threei} what's with INSM?
[14:42] {ese} watching the q's trade....man....talk about erratic
[14:43] {Threei} and narrow
[14:43] {Threei} I don't like today at all
[14:43] {nemo} painful day
[14:43] {Threei} P{ALM new highs
[14:44] {ese} ands as soon as i say that.....boom
[14:44] {ese} they take off
[14:45] {nemo} yeah, forgot all the upgrades financials got today plus that indian market having to be stopped because it went up too much
[14:45] {dino} amed to .42
[14:45] {nemo} volumes still anemic
[14:46] {ese} whats the news...q.s goin crazy
[14:46] {Threei} none
[14:46] {nemo} post lunch run
[14:47] {nemo} we're around the highs for the day yes?
[14:47] {dino} y
[14:49] {Threei} 05/13/09 07:01am
[14:49] {Threei} [INSM] Insmed Incorporated Reports Q1 $0.96 v -$0.04 y/y, R $2.37M v $2.35M y/y
[14:49] {Threei} - As of March 31, 2009, the Company had total cash, cash equivalents and short-term investments on hand of $127.5 million, compared to $2.4 million on hand as of December 31, 2008.
[14:49] {Threei} all I could find
[14:49] {Threei} seems to be under strong accumulation
[14:50] {Threei} NVDA
[14:50] {Threei} MARKET HAS BOTTOMED; SEEING SHORTGAGES IN CERTAIN PRODUCTS
[14:51] {dino} to .58 amed
[14:51] {dino} to .60
[14:51] {dino} aipc .00 trig thinking
[14:52] {dino} out amed reverse, ave. 61 +.61
[14:55] {dino} out meli .40, +.40
[14:57] {dino} qsii
[14:57] {dino} is that an idia company?
[14:57] {dino} india
[14:58] {ese} alright everyone....have to leave you for the day....still L drys...take care see you tomorow
[14:58] {nemo} health care
[14:58] {Threei} take care ese
[14:58] {dino} cya es
[14:59] {ese} see ya
[14:59] {Threei} INSM moving
[14:59] {nemo} by
[14:59] {fernp} bye ese
[15:13] {wulff} ...
[15:13] {nemo} the lycan awakes
[15:18] {Threei} FAS wants to break 10 or what
[15:24] {magoo} is that a call?
[15:25] {Threei} no
[15:25] {nemo} been porn...I mean....web surfing again mags?
[15:25] {Threei} this is the call:
[15:25] {Threei} Long Setup: FAS 10 break if holding above 9.90
[15:25] {magoo} if IF i had..mkts would be green {oops}
[15:26] {nemo} right mags
[15:28] {nemo} off to sell politically incorrect merchandise. cya tomorrow
[15:28] {dino} cya nemo
[15:28] {magoo} bye nemo
[15:34] {Threei} FAS spiked into resistance
[15:34] {Threei} not delighted by buying spike
[15:36] {Threei} take a quick scalp if you entered
[15:36] {Threei} drop under 10 will be entry again
[15:36] {jfjf64} out
[15:39] {jfjf64} yikes
[15:39] {Threei} shrug
[15:39] {Threei} I am telling you
[15:39] {Threei} everything is backwards
[15:39] {Threei} the weirdest day I've seen in quite a while
[15:40] {wulff} we can give you a break for once,
[15:40] {wulff} but do some heavy drinking tonight
[15:41] {Threei} why wait?
[15:43] {jfjf64} faz break 5 ?
[15:44] {jfjf64} i think im reachin
[15:44] {jfjf64} sd be drinkin
[15:45] {Threei} I doubt it's worth the risk jf
[15:45] {Threei} at least FAS trade was in tune with general mood of the day
[15:49] {Threei} SRS is decimated today
[15:49] {dptl} [12:41] {wulff} but do some heavy drinking tonight
[15:49] {dptl} [12:41] {&Threei} why wait?...
[15:49] {dptl} you guys still trading?
[15:49] {Threei} lol
[15:49] {dptl} :)
[15:49] {wulff} sulking
[15:49] {Threei} we at least did FAS scalp dp
[15:50] {dptl} oh..i see
[15:50] {Threei} now crying about exiting too soon
[15:50] {Threei} but sheesh
[15:50] {Threei} whoever could suspect it had such run in it can throw a stone at me
[15:51] {Threei} btw magoo
[15:51] {Threei} you took it??
[15:51] {Threei} you literally squeezed that call ouyt of me
[15:51] {wulff} be right back, my rocks are outside
[15:55] {Threei} FAZ new lows
[15:59] {magoo} ok ty all
[15:59] {Threei} not happy with today by any measure
[15:59] {Threei} okay guys
[15:59] {Threei} let's have a relaxing evening,
[15:59] {Threei} see you tomorrow
[15:59] {magoo} you'll get the tomorrow..u always do
[16:00] {lamant} byebye
[16:00] {fernp} good evening all
Session Time: Mon May 18 00:00:00 2009
[08:16] {pita} gm all
[08:16] {Threei} morning pita
[08:16] {nemo} pita :)
[08:17] {vinod} good morning to all
[08:17] {pita} so... there are earlybirds indeed
[08:17] {Threei} vinod :)
[08:17] {nemo} early bird gets the worm...nighthawk gets the early bird
[08:18] {Threei} yes pita but then, if early bird gets a worm, night hawk gets the early bird
[08:18] {nemo} Oh jeez...here we go
[08:18] {pita} maybe I should have slept in
[08:18] {Threei} nah, just pretend you are a night hawk
[08:19] {vinod} got make 2k this week. let see if i can do it?
[08:20] {pita} lets do it today and the rest of week will be bonus
[08:20] {vinod} all the bonus shoul got to boss?
[08:21] {nemo} Rend to Caesar
[08:21] {pita} nah, you trade it you earn it
[08:21] {vinod} and deficit will come from the boss
[08:21] {pita} I like that part
[08:22] {vinod} will be backafter 9.30
[08:46] {_king} good morning
[08:46] {Threei} morning king
[08:52] {Threei} sheesh... look at IFN
[08:52] {jfjf64} mornin all
[08:52] {Threei} jf :)
[08:53] {Threei} I assume it's a reaction on election results
[08:54] {Threei} two indian stock by memoery, SIFY and REDF
[08:54] {Threei} bothare gapping too
[08:54] {nemo} what about infosys?
[08:54] {Threei} symbol?
[08:55] {nemo} infy
[08:56] {Threei} 05/18/09 05:34am
[08:56] {Threei} [INFY] Infosys Technology Ltd CFO: Continues to target acquisitions in the $200-300M range
[08:56] {Threei} - Market remains volatile, expects outsourcing activity to recovery in 2010
[09:04] {lamant} hello,morning
[09:05] {Threei} lamant :)
[09:05] {lamant} :)
[09:07] {dptl} good morning all
[09:07] {Threei} dp :)
[09:09] {ese} good mornign
[09:09] {fernp} Good morning everybody
[09:09] {ese} fern
[09:09] {Threei} ese, fern :)
[09:09] {ese} hey vad
[09:10] {ese} beautiful weather here in la la land vad
[09:11] {Threei} \no kidding
[09:11] {ese} been down to your crabin dock.....even just to enjoy the sun
[09:12] {Threei} going to this week
[09:15] {Threei} BAC
[09:15] {Threei} FITCH DOWNGRADES CERTAIN BOFA RATINGS ON CAPITAL PLAN CONCERNS
[09:20] {chinggis} gm all
[09:21] {nemo} mornin"
[09:21] {ese} cha ching
[09:21] {Threei} chinggis :)
[09:21] {ese} neeeeeemoooooooo!!!!!
[09:21] {dino} gm all
[09:21] {dino} infy?
[09:21] {Threei} dino :)
[09:21] {ese} diiiiiinoooooooo!
[09:21] {nemo} ese dino nemo...oh that's me
[09:21] {Threei} [08:56] {Threei} 05/18/09 05:34am
[09:21] {Threei} [08:56] {Threei} [INFY] Infosys Technology Ltd CFO: Continues to target acquisitions in the $200-300M range
[09:21] {Threei} [08:56] {Threei} - Market remains volatile, expects outsourcing activity to recovery in 2010
[09:22] {nemo} India has popped because of the elections Dino
[09:22] {dino} and that moves it up 4.50+?
[09:22] {dino} \hmmm
[09:22] {Threei} no, mostly India elections
[09:22] {nemo} look at any india stock
[09:22] {dino} is infy india stock?
[09:22] {nemo} pretty much
[09:22] {dino} ok ty
[09:24] {nemo} that probably led to the oil pop too
[09:25] {ese} plus one less war in this world to think about in Sri Lanka
[09:25] {nemo} Don't worry Pakistan is about to blow up
[09:25] {Threei} what's with WFC?
[09:25] {ese} hmmmm up a bill and a bit
[09:26] {Threei} no news that I see to propel it like this 5 min ago
[09:26] {pita} Buffet increased stake
[09:26] {Threei} that's last week news
[09:26] {nemo} Financials were down for a couple days maybe a little snap back.. THen again aren't all the bank analysts at the banks raising their ratings on the other banks?
[09:27] {Threei} this spike is WFC specific
[09:27] {nemo} BAC is up .83, which is a higher % than wfc
[09:27] {Threei} look at the charts
[09:27] {pita} finnies are generally up, fas spiking same time
[09:27] {Threei} see WFC spuike while BAC stayed where it was?
[09:28] {nemo} catch up?
[09:30] {ese} L drys
[09:31] {magoo} etojjktahdjajafd;fd
[09:32] {Threei} I agree
[09:32] {nemo} supercalifragilistiexpealodicious
[09:32] {nemo} spelled it wrong :(
[09:33] {magoo} news AAPL?
[09:33] {magoo} morning..late
[09:33] {Threei} no
[09:33] {magoo} bounccer vad ?
[09:34] {Threei} Long Setup: FITB 7.50 break if holding above .40
[09:36] {Threei} invalidated, bounce candidate with FAS
[09:36] {Threei} SIFY...
[09:39] {vinod} any interest in IBN
[09:40] {Threei} way too volatile
[09:40] {ese} l drys...avg position .23
[09:41] {Threei} Short Setup: WFC on bounce above .90, half lot
[09:42] {ese} next.... am gonna sit on that position for a bit
[09:42] {Threei} barely touched .91... anyone managed to get?
[09:42] {vinod} did not get it
[09:42] {fernp} not here
[09:42] {jfjf64} n
[09:43] {nemo} nyet
[09:43] {dino} mygn sm l .50
[09:43] {Threei} OK... I wanted it a bit closer to 26
[09:43] {jfjf64} still valid
[09:44] {jfjf64} ?
[09:44] {Threei} keep oreder ready
[09:44] {Threei} I'll try to comment on the fly
[09:47] {dino} ens sm l .90
[09:47] {Threei} doesn't give clean entry
[09:48] {fernp} MS breakout Vad?
[09:49] {Threei} doesn't excite me honestly
[09:50] {jfjf64} weird open?
[09:50] {ese} l fitb .44
[09:51] {dino} aipc drop
[09:51] {Threei} Long Setup: FAS .40 break
[09:52] {Threei} if stays above .30
[09:52] {Threei} no intention to short WFC anymore for now
[09:52] {ese} out fitb partly .50
[09:53] {ese} rest .49 +.055
[09:54] {ese} standard way i've been playing it
[09:54] {ese} would go long again but your right odd market this morning
[09:55] {ese} no real move in the qqqq one way or the other
[09:58] {Threei} SYNA, pullback into 31.50 woyld be entry zone
[09:58] {Threei} half lot, volatile one
[09:59] {ese} there fitb
[10:00] {ese} break of .50 but not really shooting up there
[10:02] {Threei} WFC was worth it after all
[10:02] {chinggis} NVDA?
[10:02] {dino} qsii
[10:03] {Threei} NVDA is not really a player without strong market move
[10:03] {nemo} looks like a short chinggis
[10:03] {chinggis} ok ty
[10:04] {Threei} this is one of those that can torture you for hours within a very narrow range unless market is really moving
[10:04] {nemo} sounds like marriage
[10:04] {jfjf64} nice nemo
[10:04] {magoo} with no benefits lol
[10:05] {magoo} FITB went
[10:05] {magoo} took .43 out .63
[10:05] {ese} yup
[10:05] {ese} against the market
[10:05] {magoo} took with ese
[10:05] {ese} you still in
[10:05] {magoo} just held it longer
[10:05] {Threei} good job
[10:05] {Threei} let it pull back now
[10:05] {magoo} out .63 @K
[10:05] {magoo} 2k
[10:05] {ese} nice mags
[10:05] {Threei} closer to .50
[10:06] {ese} i buy too many shares of it to stay around too long
[10:07] {Threei} SQNM, what a dog
[10:07] {Threei} WFC again
[10:07] {Threei} .90 break short
[10:07] {Threei} half lot
[10:08] {ese} at some point that one will be a long play vad......reasonable company have the crap kicked out of it
[10:08] {dptl} in wfc
[10:08] {nemo} in
[10:09] {fernp} not available here
[10:09] {nemo} stop 26?
[10:09] {Threei} just above
[10:09] {magoo} FAS trying boss
[10:09] {magoo} FITB hands out scalpers regrett to magoo :(
[10:10] {jfjf64} stoped wfc
[10:11] {ese} fitb 2 day high
[10:11] {dptl} stopped wfc
[10:11] {nemo} stopped
[10:16] {ese} qqq covered gap maybe up from here
[10:16] {Threei} Long Setup: CAT .70 break if stays above .60
[10:16] {dptl} in
[10:17] {nemo} in
[10:18] {Threei} if works, plan is: half out near .80 for a day trade, out in full for scalpers
[10:20] {ese} thinking long WFC vad at .01....opinions
[10:20] {magoo} in CAT
[10:20] {ese} missed it anyway
[10:20] {Threei} hard to ytell ese... looks right to me but WFC fooled me today already
[10:21] {ese} hmmmm
[10:21] {Threei} half out CAT
[10:21] {nemo} out cat
[10:21] {magoo} really?..thought we'd let her move
[10:21] {Threei} [10:18] {Threei} if works, plan is: half out near .80 for a day trade, out in full for scalpers
[10:22] {magoo} missed that ..oops
[10:22] {Threei} sigh
[10:22] {Threei} dino, send him to get coffee please
[10:24] {Threei} trailing stop to .65 for the balance
[10:24] {wulff} you like .80 break for new entry CAT?
[10:24] {Threei} yes if never loses .70
[10:25] {dino} gremilns, having computerr issues
[10:25] {nemo} Ha! that's what we used to call it in systems work when we couldn't figure it out
[10:25] {Threei} those are not gremlins... that's magoo pouring orange juice on your keyboard when you are not looking
[10:26] {magoo} excuse me..it was orange soda
[10:26] {Threei} or that
[10:26] {dino} why do i need spyware protect 2009, when i have norton?
[10:27] {Threei} Long Setup: HIG .62 break half lot
[10:27] {Threei} if stays above .50
[10:28] {magoo} in
[10:28] {dptl} in
[10:28] {dino} they have blocked me from all websites but theirs'mygn to .39 stuck
[10:29] {Threei} did it ever break .62?
[10:29] {nemo} no
[10:29] {fernp} no
[10:29] {Threei} or you are all aggressive?
[10:29] {magoo} agg here
[10:29] {dptl} it was like 100 sh left
[10:30] {ese} anyone go long fas
[10:30] {Threei} everyone is withg reserve on these stocks
[10:30] {ese} thinkin about pull back here to .50
[10:30] {magoo} cat crazy..was .78..dropped to .66 ..then .80
[10:30] {nemo} in
[10:30] {Threei} finally CAT
[10:31] {magoo} u see it drop first or too busy scolding us lol
[10:31] {Threei} not sure what your point is
[10:32] {Threei} as long as it didn't stop me out, who cares
[10:32] {magoo} no popint..was a crazy move is all..something to see
[10:33] {jfjf64} stoped hig
[10:33] {nemo} stopped hig
[10:33] {dino} ens to .87
[10:33] {dptl} stopped hig
[10:33] {fernp} stopped
[10:33] {magoo} yeah..kills me ..01 cent off vads entry and kill u
[10:34] {dptl} Vad ,you still in cat?
[10:34] {Threei} offered 1/4 .90, didn't get fill
[10:35] {nemo} FITB short?
[10:35] {dptl} but if you sold half at 1:1 should you been out second at b/e?
[10:36] {Threei} gosh... anyone is reading my coments today?
[10:36] {nemo} yeah, I scalped cat and stopped out on hig and wfc
[10:36] {Threei} [10:24] {Alert} Threei trailing stop to .65 for the balance
[10:37] {Threei} CAT 1:2, 1/4 more out
[10:37] {nemo} I still haven't got my prizes from last week, Vad
[10:37] {dptl} oh sorry missed that comment gocha
[10:37] {Threei} if there is any deviation from routine I post it
[10:38] {Threei} stop to under .75 for the balance
[10:38] {dptl} was all out btw on cat ty
[10:42] {magoo} out CAT here .97 TY vad
[10:42] {magoo} DL
[10:42] {Threei} welcome
[10:43] {Threei} out in full +.30
[10:43] {magoo} scalpers regrett will be dished out i fear
[10:47] {magoo} i wanna let my winners win..but i keep scalpin SIGH
[10:48] {magoo} now vads ignoring me.....
[10:48] {Threei} now?
[10:49] {magoo} well..i just took u off block..so it seems like now to me
[10:49] {Threei} maybe I need to reciprocate...
[10:49] {Threei} Long Setup: PALM .85 break
[10:50] {Threei} stop for scalpers under .80, for day traders under .70
[10:50] {nemo} partial in
[10:50] {nemo} partially more
[10:51] {Threei} hit 1:1 for scalpers
[10:52] {nemo} didn't see that
[10:52] {Threei} ??
[10:52] {Threei} spiked to .95, took half of my shares at .92
[10:53] {Threei} are we in the same universe}?
[10:53] {magoo} i was .97 no fill
[10:53] {Threei} no because it toped out at .95
[10:53] {magoo} yup
[10:53] {Threei} kind of hard to get fill at .97
[10:53] {magoo} man..why u on my case? LOL
[10:53] {Threei} ummm
[10:54] {Threei} let me think
[10:54] {Threei} 'cause you are here?
[10:54] {Threei} actually no
[10:54] {Threei} I am on yor case when you are not here just the same
[10:54] {magoo} i miss 3 trades..take two aggressive..ask many dumb questions..dont reply to your questions..and u give me sh#t
[10:55] {Threei} really... why would I {G}
[10:55] {dptl} lol..it's just one of those monday Vad ,hard to wake up :)
[10:55] {Threei} http://realitytrader.com/vad/Mondays-Suck-Video.wmv
[10:56] {nemo} poor polar bear
[10:56] {dptl} ye there...ekzaktly
[10:56] {Threei} that was very rude of HIG
[10:57] {nemo} kick palm vad
[10:57] {Threei} sure thing
[10:58] {Threei} stop to .75 for daytraders
[10:59] {Threei} for those who still soundly asleep: this is a slight deviation from routing since 1:1 for daytraders is not reached yet; so I post stop trailing
[10:59] {Threei} from routine
[11:00] {magoo} HUH?
[11:00] {magoo} which one {lol}
[11:00] {chinggis} Vad any read on DRYS?
[11:01] {Threei} feels up to me
[11:01] {chinggis} u mean no good?
[11:01] {Threei} OK... it's official now
[11:01] {Threei} everyone is asleep today, lol
[11:01] {Threei} up means moving up
[11:02] {Threei} you know... price increase
[11:02] {Threei} as opposite to down which means price decrease
[11:02] {chinggis} sorry... ty
[11:02] {Threei} hehe
[11:02] {nemo} threeish is tough
[11:03] {Threei} ideally, if it moves couple times betwen .05 and .10, then breaks with msrket help
[11:03] {Threei} that would be perfect setup
[11:03] {chinggis} ok ty
[11:06] {nemo} stopped palm
[11:09] {Threei} I am lost
[11:09] {nemo} why
[11:09] {Threei} by this stop you went for a scalp
[11:09] {Threei} if so, you had your 1:1
[11:09] {nemo} right
[11:09] {nemo} missed it
[11:09] {nemo} that's all
[11:10] {Threei} it's been there twice
[11:10] {nemo} first long one I missed. Had orders sitting @ .92 that did not get filled
[11:10] {nemo} had I gone for .91, would have got it
[11:11] {magoo} um..would have got .905 he he...BUT not .97 where i was
[11:11] {magoo} .95
[11:12] {Threei} DRYS is holding decently
[11:12] {Threei} needs market help
[11:12] {Threei} if gets it, should do well
[11:13] {chinggis} ok
[11:13] {jfjf64} what ya lk for entry
[11:13] {Threei} .10 break
[11:13] {jfjf64} ty
[11:14] {Threei} CNBC'S GASPARINO SAYS MORGAN STANLEY IS SEEKING PRELIMINARY APPROVAL TO LEAVE TARP
[11:14] {Threei} - follows his report on last Friday that GS and JPM to be among first banks to be allowed to repay TARP and govt permission could come as early as this week
[11:14] {jfjf64} stop at .05
[11:14] {nemo} that should propel the financials
[11:15] {Threei} if holding above that, yes jf... and not "at" but "under"
[11:15] {jfjf64} ty
[11:19] {chinggis} If DRYS hits 7.04 , is short point
[11:19] {chinggis} ?
[11:19] {chinggis} is it short point?
[11:19] {Threei} judgment call... I wouldn't
[11:19] {chinggis} ok ty
[11:24] {Threei} MNKD
[11:24] {Threei} FDA ACCEPTS SUBMISSION AND FILES NDA FOR AFRESA
[11:24] {Threei} - U.S. Food and Drug Administration (FDA) has accepted and filed MannKinds New Drug Application (NDA) for AFRESA, an ultra rapid-acting insulin. MannKind is seeking FDA approval of AFRESA for the treatment of adults with type 1 or type 2 diabetes mellitus for the control of hyperglycemia. {NVO}
[11:36] {fernp} .
[11:37] {jfjf64} anybody up for littlle 5 card lol
[11:50] {Threei} US HOUSE TO ADOPT SENATE BILL WITHOUT BANKRUPTCY REFORM
[11:50] {nemo} of course, screw the consumer
[11:51] {Threei} OGXI lost its mind
[11:51] {Threei} FDIC TO MODIFY ASSESSEMENT CHARGED ON BANKS TO BE FOCUSED ON TOTAL ASSETS; AS OPPOSED TO DEPOSITS
[11:51] {nemo} whoa
[11:52] {nemo} that'll increase costs
[11:56] {Threei} if PALM ever works it's going to be officially to longest play of the day
[12:01] {Threei} Short Setup: HIG .80 break
[12:02] {Threei} if stays below .90
[12:07] {nemo} still valid?
[12:09] {Threei} yeah
[12:10] {dptl} in
[12:11] {nemo} won't take my order
[12:11] {Threei} huh?
[12:12] {nemo} frickin' Mondays
[12:15] {Threei} I don't even know what that means... what, you got message "take your order back, we don't want it"?
[12:16] {nemo} sorry had sell on didn't get fill @ .78
[12:16] {Threei} so... second chance
[12:16] {Threei} first weakness from here
[12:17] {nemo} in .81
[12:21] {Threei} die already HIG
[12:21] {nemo} palm won't live, Hig won't die
[12:21] {Threei} typical monday...
[12:22] {nemo} does tht make next Tuesday Monday?
[12:23] {Threei} sureely FAS and HIG don't mean to break out this time of the day?
[12:23] {nemo} looks that way
[12:24] {magoo} AAPl move on volume
[12:24] {Threei} AAPL PIPER JAFFRAY MAKE POSITIVE COMMENTS (TIMING UNCERTAIN)
[12:25] {Threei} what the deuce
[12:25] {jfjf64} stoped
[12:25] {nemo} stopped
[12:25] {dptl} stopped
[12:25] {Threei} FAS new high
[12:25] {fernp} stopped
[12:29] {Threei} TREASURY SPOKESPERSON: GM/UAW TALKS COVER "ALL ASPECTS" OF GM'S PLAN, INCLUDING PRODUCTION
[12:30] {dino} finally back
[12:37] {ese} ese is not away
[12:38] {ese} ese has been patiently watching FITB
[12:38] {nemo} ese talks about himself in the 3rd person
[12:38] {Threei} want to try 7.90 break?
[12:38] {nemo} scalpers 1:1 on palm
[12:39] {ese} maybe
[12:40] {ese} q's look like there going that way
[12:40] {nemo} fas climbing fitb not
[12:40] {ese} does everyone see those mesages.....ese is away....or does that just appear on my screen
[12:40] {chinggis} Vad any read on ZION? 10 min looks attractive
[12:41] {Threei} bothers me that it didn't really follow FAS on this last move
[12:41] {chinggis} ok ty
[12:42] {ese} yes noticed that
[12:44] {dino} i see them
[12:44] {nemo} what, Gremlins?
[12:44] {ese} zion a litle more than FITB though vad
[12:44] {Threei} PALM nears to 1:1 for daytraders
[12:44] {dino} that and dead people
[12:45] {magoo} .
[12:45] {jfjf64} cat
[12:45] {dino} amed
[12:49] {ese} L Fitb..01
[12:50] {Threei} PALM finally
[12:50] {ese} as soon as i go long the q's move against me...daaaaaaa^%$
[12:51] {Threei} out 1/4 more
[12:53] {Threei} stop for the last portion to under .90, no lose territory
[12:53] {Threei} that's one patience-trying trade
[12:55] {nemo} ever go long amed, Dino?
[12:57] {dino} not yet was thinking .00 trig
[12:57] {dino} or whoosh down to 30.10s
[12:58] {dino} aipc interesting
[12:59] {nemo} break of .10?
[12:59] {nemo} nevermind
[13:00] {Threei} MAY NAHB HOUSING MARKET INDEX: 16 V 16E
[13:02] {nemo} market selling the housing news?
[13:03] {Threei} (US) TREASURY SEC GEITHNER: BELIEVES TREASURY IS DOING WELL WHEN IT COMES TO "SPEED AND QUALITY" OF ITS POLICY RESPONSE
[13:04] {Threei} anyone else but him believes that?
[13:06] {ese} out FITB .02 -.09
[13:06] {ese} went smaller shares this time good thing
[13:07] {dino} missed aipc, sidetrack day
[13:07] {ese} make tha .82
[13:07] {Threei} what am I trying to squeeze out of PALM this ime of the day?
[13:07] {ese} Vads 6th sense for danger i guess
[13:08] {Threei} something wasn't right about that ese
[13:08] {Threei} then again, whole day today is not right
[13:08] {ese} definately.....
[13:08] {ese} yes would agree
[13:09] {ese} even though i's an up day...weird day
[13:09] {Threei} trailing last portion PALM to under .95
[13:09] {nemo} Feels like a Potemkin rally
[13:09] {ese} whats a potemkin rally?
[13:09] {nemo} like Potemkin village...just facades. Doesn't feel real
[13:10] {ese} hmmmmmm
[13:10] {Threei} it's nemo demonstrating knowledge of russian historyt
[13:10] {nemo} then again, I'd have to have a grip on reality in the first place
[13:10] {ese} ahhhhhh
[13:11] {Threei} Potemkin villages were purportedly fake settlements erected at the direction of Russian minister Grigory Potyomkin to fool Empress Catherine II during her visit to Crimea in 1787.
[13:12] {ese} go figure
[13:15] {ese} empire looks prosperous type of thing....lets tax the people a litle more?
[13:16] {Threei} done with PALM
[13:17] {Threei} can't believe this trade took so long
[13:17] {Threei} not that I was to reject money only because it wasn't instant
[13:17] {dino} amed sm l .00
[13:18] {dino} tricked me
[13:19] {nemo} Monday Dino...Don't worry, turnaround Tuesday (but wait the rally was today) is just around the corner
[13:19] {nemo} :)
[13:19] {dino} lol
[13:20] {dino} too nany distractions today, possible tenant, drain pipe from roof leak, computer issues...
[13:22] {Threei} US PRESIDENT OBAMA TO REPORTEDLY DISCLOSE AN AUTO EMISSIONS STANDARD TOMMOROW
[13:22] {Threei} {GM F F.IT}
[13:22] {Threei} and that will be the last nail in auto industry coffin
[13:25] {dino} his timing i horrible\
[13:25] {Threei} akin to getting patient fresh from chemo to run marathon
[13:26] {magoo} really..how dumb is he?
[13:26] {magoo} lets place costly restrictions..excellent timing
[13:33] {magoo} .
[13:35] {Threei} lol... chnggis, remember we discussed NVDA earlier?
[13:35] {chinggis} yes
[13:35] {Threei} it's right where it was within 3-5 cents still
[13:35] {dino} akam sm l .00
[13:36] {nemo} who dino?
[13:36] {chinggis} yes it is not moving much
[13:36] {Threei} [10:04] {Alert} Threei this is one of those that can torture you for hours within a very narrow range unless market is really moving
[13:36] {chinggis} usb breaking hod
[13:37] {Threei} if we were tortured by PALM, this one would really kill us
[13:37] {dino} akam
[13:37] {dino} opps afam
[13:45] {Threei} Long Setup: FAZ .20 break
[13:45] {Threei} stp .14 for scalpers
[13:46] {Threei} under .10 for day traders
[13:46] {Threei} (US) REPORTEDLY US SENATE IS MULLING CHANGES TO DRUGMAKER REBATES IN MEDICADE
[13:49] {nemo} in
[13:49] {dptl} in vaz
[13:49] {dptl} faz
[13:49] {nemo} whoa dp, drinking already?
[13:50] {Threei} as if he ever stopped
[13:50] {Threei} it's dp we are talking about
[13:50] {dptl} :)
[13:50] {nemo} maybe that was the problem
[13:50] {_king} threei - what time frames are you using?
[13:52] {Threei} on charts?
[13:52] {Threei} 1 min and daily
[13:58] {_king} ya
[13:58] {_king} thanks
[14:04] {ese} king is back....huh??....ELVIS baby!!!!!where ya been?
[14:05] {_king} lol
[14:05] {Threei} lol ese
[14:05] {ese} wrong king?
[14:06] {ese} for a second I thought this was devine intervention......a sign from above.....i'd signed up with the right board......
[14:07] {Threei} dp... this man is way too sober
[14:07] {ese} orrrrrrrr........
[14:07] {ese} way too loaded.......???
[14:07] {dptl} :)
[14:08] {nemo} mickey mouse blotter ese?
[14:08] {ese} yes indeed????
[14:08] {ese} and will be picking up another one june 4th
[14:08] {nemo} like the cactus or fungi myself
[14:09] {ese} make that july 4th....family is heading to disney land....july 4 to july 9
[14:09] {dino} afam stop to .29
[14:10] {ese} nemo ...you dino...mags ....the lot of ya.....can fly out to the west coast lfor a beer? hmmmmm
[14:11] {magoo} in {to invitatiuon and beer}
[14:11] {dino} would love to, but no time
[14:11] {dptl} stopped fas
[14:11] {dptl} faz
[14:12] {ese} if your there mags....lets hook up
[14:13] {dino} out afam .32, +.32
[14:14] {magoo} oh..sorry ese..im married hetero
[14:14] {nemo} make exceptions for sheep magoo?
[14:15] {magoo} ummmm...no
[14:16] {nemo} larisa retired?
[14:18] {dptl} ok thats it for me for today...it's just not working for me today ,have a good evening all see ya tomorrow :)
[14:19] {ese} see ya dp....
[14:19] {Threei} take care dp, sure not our day
[14:19] {ese} you mean for the nemo....larissa tha is
[14:19] {ese} for the day
[14:19] {Threei} two wins are of a nice size, yet don't keep us in black
[14:24] {Threei} .short WFC .20
[14:25] {Threei} stop above .30
[14:25] {magoo} full lot?
[14:25] {Threei} yeah, stop is tight enough
[14:26] {dino} meli
[14:26] {magoo} stop? where?
[14:26] {Threei} let's see:
[14:26] {Threei} [14:25] {Threei} stop above .30
[14:27] {Threei} it means, if it trades at any price starting with .3
[14:27] {Threei} like .31
[14:27] {magoo} oh missed it lol
[14:27] {Threei} .32
[14:27] {Threei} etc
[14:27] {Threei} what is it today, lol
[14:28] {dino} meli sm l .00
[14:28] {magoo} any read on our pet CAT?
[14:29] {Threei} not here
[14:29] {magoo} which room then?
[14:31] {Threei} weverythinbg is backwards today
[14:32] {nemo} stopped all
[14:32] {nemo} done for day
[14:32] {jfjf64} stoped
[14:41] {Threei} what's with INSM?
[14:42] {ese} watching the q's trade....man....talk about erratic
[14:43] {Threei} and narrow
[14:43] {Threei} I don't like today at all
[14:43] {nemo} painful day
[14:43] {Threei} P{ALM new highs
[14:44] {ese} ands as soon as i say that.....boom
[14:44] {ese} they take off
[14:45] {nemo} yeah, forgot all the upgrades financials got today plus that indian market having to be stopped because it went up too much
[14:45] {dino} amed to .42
[14:45] {nemo} volumes still anemic
[14:46] {ese} whats the news...q.s goin crazy
[14:46] {Threei} none
[14:46] {nemo} post lunch run
[14:47] {nemo} we're around the highs for the day yes?
[14:47] {dino} y
[14:49] {Threei} 05/13/09 07:01am
[14:49] {Threei} [INSM] Insmed Incorporated Reports Q1 $0.96 v -$0.04 y/y, R $2.37M v $2.35M y/y
[14:49] {Threei} - As of March 31, 2009, the Company had total cash, cash equivalents and short-term investments on hand of $127.5 million, compared to $2.4 million on hand as of December 31, 2008.
[14:49] {Threei} all I could find
[14:49] {Threei} seems to be under strong accumulation
[14:50] {Threei} NVDA
[14:50] {Threei} MARKET HAS BOTTOMED; SEEING SHORTGAGES IN CERTAIN PRODUCTS
[14:51] {dino} to .58 amed
[14:51] {dino} to .60
[14:51] {dino} aipc .00 trig thinking
[14:52] {dino} out amed reverse, ave. 61 +.61
[14:55] {dino} out meli .40, +.40
[14:57] {dino} qsii
[14:57] {dino} is that an idia company?
[14:57] {dino} india
[14:58] {ese} alright everyone....have to leave you for the day....still L drys...take care see you tomorow
[14:58] {nemo} health care
[14:58] {Threei} take care ese
[14:58] {dino} cya es
[14:59] {ese} see ya
[14:59] {Threei} INSM moving
[14:59] {nemo} by
[14:59] {fernp} bye ese
[15:13] {wulff} ...
[15:13] {nemo} the lycan awakes
[15:18] {Threei} FAS wants to break 10 or what
[15:24] {magoo} is that a call?
[15:25] {Threei} no
[15:25] {nemo} been porn...I mean....web surfing again mags?
[15:25] {Threei} this is the call:
[15:25] {Threei} Long Setup: FAS 10 break if holding above 9.90
[15:25] {magoo} if IF i had..mkts would be green {oops}
[15:26] {nemo} right mags
[15:28] {nemo} off to sell politically incorrect merchandise. cya tomorrow
[15:28] {dino} cya nemo
[15:28] {magoo} bye nemo
[15:34] {Threei} FAS spiked into resistance
[15:34] {Threei} not delighted by buying spike
[15:36] {Threei} take a quick scalp if you entered
[15:36] {Threei} drop under 10 will be entry again
[15:36] {jfjf64} out
[15:39] {jfjf64} yikes
[15:39] {Threei} shrug
[15:39] {Threei} I am telling you
[15:39] {Threei} everything is backwards
[15:39] {Threei} the weirdest day I've seen in quite a while
[15:40] {wulff} we can give you a break for once,
[15:40] {wulff} but do some heavy drinking tonight
[15:41] {Threei} why wait?
[15:43] {jfjf64} faz break 5 ?
[15:44] {jfjf64} i think im reachin
[15:44] {jfjf64} sd be drinkin
[15:45] {Threei} I doubt it's worth the risk jf
[15:45] {Threei} at least FAS trade was in tune with general mood of the day
[15:49] {Threei} SRS is decimated today
[15:49] {dptl} [12:41] {wulff} but do some heavy drinking tonight
[15:49] {dptl} [12:41] {&Threei} why wait?...
[15:49] {dptl} you guys still trading?
[15:49] {Threei} lol
[15:49] {dptl} :)
[15:49] {wulff} sulking
[15:49] {Threei} we at least did FAS scalp dp
[15:50] {dptl} oh..i see
[15:50] {Threei} now crying about exiting too soon
[15:50] {Threei} but sheesh
[15:50] {Threei} whoever could suspect it had such run in it can throw a stone at me
[15:51] {Threei} btw magoo
[15:51] {Threei} you took it??
[15:51] {Threei} you literally squeezed that call ouyt of me
[15:51] {wulff} be right back, my rocks are outside
[15:55] {Threei} FAZ new lows
[15:59] {magoo} ok ty all
[15:59] {Threei} not happy with today by any measure
[15:59] {Threei} okay guys
[15:59] {Threei} let's have a relaxing evening,
[15:59] {Threei} see you tomorrow
[15:59] {magoo} you'll get the tomorrow..u always do
[16:00] {lamant} byebye
[16:00] {fernp} good evening all
