RealityTrader Trading Log

Thursday, June 11, 2009

Jun 11 2009

Somewhat strange day. No real drive in the market but many small stocks moved nicely, mostly in alternative energy names (CPST, EMKR, ALTI etc). Those who trade little ones with big shares made out like bandits. The rest didn't have much to muinch on today.

Session Time: Thu Jun 11 00:00:00 2009

[08:10] {Threei}  Good morning
[08:11] {Threei}  out last portion ESLR 2.80
[08:18] {vinod} good morning to all
[08:18] {Threei}  vinod :)
[08:21] {Threei}  HGSI Reports Positive Long-Term Data for BENLYSTA (Formerly LymphoStat-B in Patients With Active Systemic Lupus Erythematosus
[08:28] {pita} greetings all
[08:30] {Threei}  INITIAL JOBLESS CLAIMS: 601K V 615KE; CONTINUING CLAIMS: 6.816M V 6.780ME
[08:30] {Threei}  pita :)
[08:38] {Threei}  (US) White House Advisor Volcker: Prospects for a strong recovery are unlikely although there will be some growth in late 2009
[08:38] {Threei}  - Does not expect any inflation pressure for "some time to come."
[08:38] {Threei}  - There are no practical alternatives to the USD as a global reserve currency, none to come today or "for many tomorrows."
[08:38] {Threei}  - It is unwarranted to allow firms that have deposti insurance to conduct proprietary trading.
[08:38] {Threei}  - There is no need to supervise hedge & private equity funds as closely as banks.
[08:41] {fernp} good morning everybody
[08:45] {Threei}  fern :)
[08:47] {Threei}  CPST Update: Proivdes update on C30 liquid fueled microturbine
[08:48] {Threei}  Announced the successful intergation of fuel cell into UK Ford S-Max Mini Van
[08:50] {magoo} morning
[08:50] {Threei}  magoo :)
[08:50] {nemo} morning
[08:50] {Threei}  nemo :)
[08:51] {vinod} nemo:)
[08:51] {nemo} Vino :)
[08:52] {magoo} news REGN vad?
[08:53] {Threei}  REGN Phase II study of Aflibercept (VEGF Trap) in collaboration with Sanofi Aventis shows statistical significance in advanced ovarian cancer
[08:53] {Threei}  REGN Converts Interleukin-1 antibody opt-in rights to royalty agreement
[08:59] {dino} gm all
[08:59] {nemo} harooo
[08:59] {Threei}  dino :)
[09:01] {dino} we got lucky on palm nemo
[09:01] {nemo} gotta' love it
[09:01] {dino} qcom
[09:03] {ese} GM
[09:03] {Threei}  ese :)
[09:05] {ese} nice move by eslr yesterday
[09:07] {Threei}  for late arrivals:
[09:07] {Threei}  [08:11] {Alert} Threei out last portion ESLR 2.80
[09:11] {ese} position from yesterday vad.....or pre market this morning
[09:11] {Threei}  from yesterday
[09:11] {Threei}  from 2.10
[09:11] {ese} nice one
[09:11] {Threei}  30% move in one day
[09:12] {ese} really nice one!!!
[09:20] {ese} still L intc at .35   ....maybe this is the day it breaks 16.74
06[09:22] * Threei slaps laserdave around a bit with a large book of Techniques of Tape Reading
[09:22] {Threei}  umm... not what I intended to slap him with
06[09:22] * Threei slaps laserdave around a bit with a large alarm clock
[09:22] {Threei}  there
[09:22] {dino} slap him silly
[09:23] {_levelseven} gm rt's
[09:23] {_levelseven} anyone know the high on ESLR this morning?
[09:24] {dino} david faber wearing a hairpiece?
[09:24] {Threei}  L7 :)
[09:24] {Threei}  it barely touched on 2.9
[09:24] {_levelseven} geez, thats what happens when you get up late
[09:24] {ese} 2.90 LS
[09:24] {Threei}  I was a little late too, exited 2.8
[09:25] {_levelseven} dumpin mine now
[09:25] {Threei}  good job
[09:25] {Threei}  SAY on radar again
[09:25] {Threei}  ESLT too of course
[09:25] {Threei}  ESLR
[09:26] {_levelseven} HGSI has some vol
[09:27] {Threei}  [08:21] {Alert} Threei HGSI Reports Positive Long-Term Data for BENLYSTA (Formerly LymphoStat-B in Patients With Active Systemic Lupus Erythematosus
[09:28] {_levelseven} im always 2steps behind 3i
[09:28] {ese} chdx
[09:29] {ese} what do they do?
[09:29] {ese} up 2 and a bit dino
[09:29] {Threei}  Chindex China Healthcare Finance
[09:29] {_traderw} goodmorning!
[09:29] {Threei}  CHDX Reports Q4 $0.24 v $0.10e, R$60.0M v $50.5Me (2 est) (10.79, 0.00, 0.00%)
[09:29] {Threei}  traderw :)
[09:31] {dino} palm stop is .49
[09:31] {jfjf64} mornin all
[09:31] {dino} out +.39
[09:31] {Threei} Long Setup:  SAY  .25 break
[09:32] {Threei}  if stays above .15 for scalpers
[09:32] {Threei}  5.10 support for a day trade
[09:32] {dino} qcom raises guidance and drops
[09:33] {jfjf64} hpq  break 37
[09:33] {magoo} JAZZ movin
[09:33] {magoo} in SAY
[09:34] {Threei}  over 1:1 for scalpers
[09:34] {jfjf64} in say
[09:34] {dino} qcom sm l .25 jumpy
[09:34] {wulff} .in .27
[09:34] {Threei}  1:1 for a daytrade
[09:34] {Threei}  half out .42
[09:35] {jfjf64} ty
[09:35] {_levelseven} missed SAY
[09:35] {Threei}  stop to under .20 for the balance
[09:35] {_levelseven} nice call
[09:35] {Threei}  wow... it had enough time for entry after triggering
[09:35] {jfjf64} sale hpq 
[09:35] {Threei}  what are you trading with, Fidelity or what
[09:35] {wulff} half at .45
[09:36] {dino} qcom stop to .65
[09:36] {dino} out qcom +.40
[09:37] {_levelseven} in JAZZ on pb
[09:38] {magoo} out SAY ty bass
[09:38] {Threei}  CAEI interesting
[09:38] {Threei}  see if gives pullback into .80-.85 zone
[09:39] {Threei}  SAY stop to under .30 for balance
[09:40] {Threei}  no pullback CAEI
[09:40] {_levelseven} out JAZZ +.17
[09:41] {ese} is that china architecture
[09:41] {Threei}  yes
[09:42] {_levelseven} in Jazz .88
[09:43] {Threei}  will look to reenter SAY on deeper pullback
[09:43] {jfjf64} ??
[09:43] {Threei} Long Setup:  HGSI  3.40 break
[09:43] {Threei}  stop under .30
[09:43] {Threei}  jf?
[09:43] {magoo} in
[09:44] {Threei}  what so many question marks?
[09:44] {jfjf64} in
[09:44] {Threei}  what's with
[09:44] {jfjf64} entry say  pullback
[09:44] {ese} i missedd it
[09:44] {Threei}  what about it?
[09:45] {jfjf64} when sd we enter
[09:45] {jfjf64} sorry all questions
[09:45] {Threei}  I don't know
[09:45] {Threei}  it has to form something new
[09:45] {jfjf64} ty
[09:46] {Threei}  HGSI is interesing thing,
[09:46] {Threei}  if it works we will have a dilemma:
[09:46] {Threei}  3.50 is 1:1 for this entry,
[09:46] {Threei}  and it's a very significant resistance on daily
[09:47] {dino} titn sm l .00
[09:47] {Threei}  if broken, can really catapult this thing
[09:48] {Threei}  wow CPST
[09:49] {nemo} tck catapulted again
[09:49] {Threei}  a few min ago
[09:49] {Threei}  HGSI Hearing Thomas Weisel making positive comments in the name
[09:49] {Threei}  - Analysts state that positive Phase III data to support higher price target
[09:50] {Threei} Long Setup:  TIVO  .25 break if stays above .15
[09:50] {nemo} too fast
[09:50] {_levelseven} out Jazz 4.05 +.17
[09:50] {Threei}  nice scalping
[09:50] {_levelseven} :D
[09:51] {Threei}  no worky HGSI
[09:52] {dino} bwld sm l .40
[09:53] {dino} sm l fdo .35
[09:53] {jfjf64} will re enter hpq .52
[09:53] {Threei}  TIVO 1:1
[09:54] {jfjf64} ty tivo
[09:54] {Threei}  grrr
[09:54] {Threei}  too many of them are moving, missed ESLR re-entry
[09:56] {Threei}  WHO reportedly raises pandemic flu alert to Phase 6; cites recent developments in H1N1 (Swine Flu) - unconfirmed report
[09:56] {Threei}  - Reminder: On 6/2, the WHO notes pandemic alert for H1N1 is "moving closer to Phase 6," the highest level of the scale
[09:56] {Threei}  - Phase 6 is characterized by community level outbreaks in at least one other country in a different WHO region in addition to the criteria defined in Phase 5. Designation of this phase will indicate that a global pandemic is under way.
[09:56] {Threei}  that's what spiked NVAX
[09:58] {jfjf64} ya lk caei  break .05
[09:58] {Threei}  why not
[09:58] {jfjf64} good enough
[09:58] {_levelseven} NVAX nose dive
[09:59] {Threei}  NVAX never holds gains
[09:59] {jfjf64} lk tivo
[09:59] {Threei}  TIVO 1:2
[09:59] {Threei}  out in full
[10:04] {Threei}  SAY sharp pullback
[10:05] {magoo} JAZZ vad..down
[10:05] {dino} bwld stopped
[10:07] {Threei} Long Setup:  ESLR  .86 if stays above .80
[10:08] {Threei} Long Setup:  SAY  .10 break if stays above 5
[10:08] {magoo} in SAY
[10:08] {magoo} in ESLR
[10:09] {magoo} "say it ain't so"
[10:10] {jfjf64} rather SAY it is so   lol
[10:10] {ese} l fitb .75
[10:12] {jfjf64} fire sale  say    lets  go
[10:13] {ese} out fitb .80 +.05
[10:15] {jfjf64} low vol   consiladation   what does that mean boss   say
[10:17] {Threei}  don't overthink it...
[10:17] {Threei}  it qworks or it doesn't
[10:18] {_levelseven} who is stockdish??
[10:19] {ese} ??
[10:20] {jfjf64} stockcups cousin
[10:21] {Threei}  no worky SAY
[10:21] {jfjf64} nobody  has  sense humor today
[10:21] {Threei}  I am disappointed... what are all those 50,000employees thinking
[10:21] {Threei}  jf... today??
[10:22] {ese} today?
[10:22] {ese} vad beat me o that
[10:22] {ese} just kidding !!
[10:23] {jfjf64} lol
[10:24] {magoo} outeslr flat
[10:24] {magoo} out say
[10:24] {Threei}  come on ESLR... couple cents to 1:1, you wanna quit on us??
[10:25] {Threei}  SAY is dumping as if something's happening
[10:27] {jfjf64} 500000 people lost job
[10:27] {Threei}  ok... lol
[10:28] {jfjf64} got ya to lol  
[10:28] {Threei}  no worky ESLR
[10:28] {Threei}  shrug
[10:29] {fernp} 9:40 Satyam chair: rev picture not great in near future 
[10:29] {fernp} "One has to understand that despite the way the media and probably the market reacted to this, the fact is the company is under severe stress," Satyam chairman Kiran Karnik told Reuters, referring to the reaction to the company's financial numbers. "It is hugely overstaffed, costs are very high and the revenue picture in the immediate future is not that great."
[10:29] {fernp} reuters
[10:30] {Threei}  ah, so need to just 1K workers, not 50K
[10:30] {fernp} lol
[10:30] {Threei}  GTXI Presents Phase II Ostarine (MK-2866) Cancer Cachexia Clinical Trial Results at Endocrine Society Annual Meeting (9.33, 0.35, 3.90%)
[10:31] {jfjf64} .95  looks  lk  good trigger  for   long     correct
[10:31] {magoo} SAY wantinayoe
[10:31] {jfjf64} close  yesterday  lot of traffic
[10:32] {magoo} u remember the name of the town?
[10:32] {nemo} tivo lifting out of range
[10:32] {magoo} say-want-tin-nayoe
[10:32] {nemo} fdo
[10:32] {nemo} sorry
[10:33] {Threei}  GTXI wakes up
[10:33] {Threei}  and falls back asleep
[10:36] {Threei}  not much enthusuasm in the market today... fizzled out fast
[10:37] {magoo} unfortunately..a change is taking place
[10:38] {nemo} eh....I'll leave that one alone
[10:38] {magoo} bounce tine WFC?
[10:38] {Threei}  I thought you hated it
[10:39] {magoo} i hate them ALL anymore :)
[10:39] {Threei}  doesn't feel right to me
[10:49] {Threei}  UAUA
[10:49] {Threei}  UAL Corp CEO urges govt to take action to dampen the speculative nature of current oil prices - annual meeting comments
[10:49] {Threei}  - Says the current economy and higher oil prices will force changes in the industry
[10:49] {Threei}  - Considering expanding economy classes to handle business class downgrades
[10:49] {dino} schw l .90
[10:51] {ese} Lfitb .78
[10:51] {magoo} ACAS vad
[10:51] {magoo} ballistic
[10:51] {Threei}  ACAS Declares $1.07 Dividend Per Share
[10:51] {Threei}  - Payable on August 7, 2009, to stockholders of record as of the close of business on June 22, 2009
[10:52] {ese} ballistic i'll say
[10:52] {vinod} I am back look like not a good misic today?
[10:52] {ese} look at that
[10:53] {ese} hmmmmm   gonna have to watch for more dividend offerings
[10:55] {ese} significant runup for a stock like that
[10:55] {vinod} testimony on TV--One crook asking other crook, why are you a crook?
[10:57] {jfjf64} s ms.47
[11:00] {jfjf64} out half
[11:01] {ese} and the answer is ????
[11:01] {jfjf64} out all
[11:02] {_levelseven} acas trying
[11:04] {jfjf64} s dis .28 trigger
[11:06] {_levelseven} need good pb to enter
[11:06] {dino} seh sm s .78
[11:10] {_levelseven} acas a player..too bad missed it
[11:12] {Threei}  wow SAY
[11:12] {Threei}  what a dump
[11:12] {jfjf64} crazy
[11:13] {jfjf64} say away
[11:14] {_stockdisk} Thanks threei ACAS ,made some quick $$ thanks for news
[11:14] {Threei}  wtg
[11:16] {jfjf64} break .60 ms  vad  ya  likey
[11:17] {Threei}  sure thing
[11:18] {jfjf64} 1/1
[11:18] {jfjf64} fas  helped  perfectly
[11:19] {dino} sm l pru .88
[11:21] {jfjf64} l .22 jpm   this  set  up been  wkin
[11:21] {ese} Ok outta here for an hour and a bit......have a class to teach
[11:21] {fernp} bye ese
[11:21] {Threei}  take care ese
[11:23] {jfjf64} vad look ms  break .75
[11:24] {jfjf64} 1/1 jpm
[11:27] {vinod} SQNM flying again
[11:28] {Threei}  somehow all the moves have this sluggish feel to them today
[11:29] {Threei}  no real drive
[11:29] {vinod} summer time is always like this
[11:30] {jfjf64} need this fas to get goin  in  ms at .77
[11:32] {Threei}  not necessary vinod
[11:32] {Threei}  last summer was very active
[11:32] {nemo} Yeah, last summer was an abomination though
[11:32] {Threei}  and this sloppy trading feels to me rather caused by other factors
[11:33] {Threei}  for instance, general lack of clarity about this whole rally vs economy
[11:33] {Threei}  "do we sell? do we buy more/"
[11:35] {_levelseven} all they need to do is ask me, ill guide them
[11:35] {nemo} whoa...fancy
[11:35] {dino} out schw flat
[11:36] {_levelseven} is my text coming up red or is that just for me to see?
[11:36] {nemo} it's red
[11:36] {Threei}  red, and don't do it please
[11:36] {jfjf64} red
[11:36] {_levelseven} ok
[11:37] {jfjf64} yeah    lol
06[11:37] * nemo slaps _levelseven around a bit with a large book of Vadettiquette
[11:37] {_levelseven} sorry
[11:37] {_levelseven} was trying to make it another color for me to see
[11:38] {jfjf64} stoped ms  grrr
[11:38] {nemo} Listen l7, there's an obnoxious member limit of 2.  I got both of them covered
[11:39] {_levelseven} sorry nemo, wasnt trying to be obnoxious..ill never post again
[11:39] {nemo} :(
[11:39] {Threei}  nemo has no problem with obnoxious in general
[11:40] {Threei}  he has a problem with "more obnoxious han he is"
[11:40] {nemo} my picture is under the definition in the dictionary
[11:40] {nemo} It's kinda' like Vad and his "Captain Obvious" mantle.
[11:40] {Threei}  yeah... we all have our sensitive spots
[11:41] {Threei}  I feel targeted when someone tries to upstage me in stating the obvious area
[11:42] {nemo} UNG moving
[11:43] {vinod} nemo likes Pick color?
[11:43] {vinod} pink
[11:43] {nemo} chartreuse
[11:44] {nemo} Magoo, Dino:  
[11:44] {nemo} "But I don't want to be Mr. Pink"
[11:50] {dino} ?
[11:50] {nemo} the movie
[11:50] {nemo} what movie
[11:51] {vinod} prety in pink
[11:51] {nemo} X
[11:51] {nemo} ok
[11:51] {vinod} Good sense of humor is a good medicine
[11:51] {nemo} Reservoir Dogs
[11:52] {nemo} You'll never think of the song "Stuck in the Middle with You" the same way again
[11:54] {Threei}  CPST...
[11:54] {Threei}  hard to tell... chart's promising, volume's good
[11:54] {nemo} nothing like a 50% gain
[11:54] {Threei}  still, no real feel of drive that leads to frenzy
[11:55] {jfjf64} vad  any  read  ms  with fas   movin   not  goin anywher  looks lk  want to  drop??
[11:55] {jfjf64} funny   other way    hmmm
[11:56] {nemo} indices jf
[11:56] {jfjf64} what i know
[11:56] {Threei}  not really jf, things are not very well connected right now
[11:58] {nemo} dino dcc
[12:01] {dino}  seh stopped -.13
[12:04] {dino} lol nemo
[12:04] {nemo} hehehe
[12:06] {dino} qcom l .00
[12:08] {dino} don't follow me today, i suck
[12:08] {nemo} mmmhhhh....think you took too much from that video clip
[12:09] {dino} lol
[12:09] {nemo} Mmmmhhh.....think of what his intials stand for
[12:10] {jfjf64} s ms.60 trigger
[12:11] {jfjf64} nope
[12:12] {dino} qcom stopped -.20
[12:17] {vinod} Traders always have opportunities, and in general don’t care about the underlying economy
[12:18] {Threei}  NVAX again
[12:19] {Threei}  WHO confirms that it has raised pandemic flu alert to Phase 6
[12:19] {Threei}  - WHO Chief does not recommend closing borders or any other restrictions on movement of goods, services or people.
[12:19] {Threei}  - Recommends that drug makers finish winter flu manufacturing and then move on to making H1N1 vaccines.
[12:19] {Threei}  - Notes that no prior pandemic has been detected as early as H1N1.
[12:19] {Threei}  - "The virus writes the rules," further spread of H1N1 is inevitable.
[12:19] {Threei}  - Does not expect any sudden increase in fatal cases.
[12:20] {Threei}  daily says long
[12:21] {Threei}  my skepticism about NVAX says, scalp it if you see clean entry
[12:22] {Threei}  from the chart, .25 should take it into .50 area
[12:22] {Threei}  I just can't bring myself to trust NVAX, lol
[12:23] {Threei}  BCRX same area
[12:27] {Threei}  anyone went for it, start partialling
[12:28] {Threei}  BCRX tries to wake up
[12:28] {_levelseven} +.12 on NVAX, thx 3i
[12:28] {Threei}  welcome sir
[12:29] {dino}  gj
[12:30] {fernp} gj l7
[12:31] {Threei}  look at this dump
[12:31] {Threei}  what self-respecting stock would behave like this
[12:31] {ese} like a bad dream....i'm back
[12:31] {nemo} more like herpes
[12:31] {_levelseven} your exit call was perfect
[12:32] {ese} nice nemo nice one
[12:32] {Threei}  ty... I have my moments
[12:32] {Threei}  speaking of dreams, bad and other kind:
[12:32] {Threei}  Venezuelan Oil Minister: expect crude oil to be around $70-$75 at the end of 2009
[12:32] {nemo} has he looked today?
[12:33] {ese} still long fitb .78
[12:33] {Threei}  where is it today nemo?
[12:33] {ese} vit....mucho grondo shs
[12:33] {nemo} almost 73
[12:35] {dino} pnra l .60
[12:37] {Threei}  PLUG... another little long forgotten POS
[12:44] {Threei}  FITB starts working
[12:48] {ese} out fitb .96 +.18  with 9K
[12:48] {Threei}  wtg
[12:48] {ese} tks vade
[12:48] {ese} vad
[12:50] {fernp} gj ese
[12:50] {ese} tks
[12:51] {ese} can now go to work with a swagger in my step.......
[12:51] {Threei}  lol
[12:51] {ese} which of course will be partly vodka induced
[12:51] {Threei}  partly?
[12:51] {Threei}  come on
[12:52] {Threei}  give full credit where credit is due
[12:52] {ese} oh alright....totally
[12:54] {ese} one question for you though vad....i'm actually surprised that this stock ran up during the lunch hour......thats kinda odd isn't it
[12:55] {Threei}  yes... but FITB lately does behave a bit differently
[12:55] {ese} would that be an indicator of more strenght for the day
[12:56] {ese} when it does this during lunch.....someone dying to get in etc etc
[12:57] {Threei}  compare FITB's daily to FAS's one
[12:57] {ese} ok
[12:58] {ese} hmmmmmm  it's kind of ahead of fas...but same basically
[13:00] {ese} now opposite
[13:02] {Threei}  TREASURY'S $11B 30-YEAR BOND REOPENING BID-TO-COVER RATIO: 2.68 V 2.40 PRIOR AND 2.42 AVE OVER THE LAST 5 REOPENINGS
[13:02] {Threei}  - indirect bidders take 49% of competitive bids
[13:02] {Threei}  - bonds draw 4.720% with % alloted at the hi
[13:03] {Threei}  nice spike finnies
[13:03] {Threei}  7.90 deserved an entry, FITB...
[13:04] {Threei}  these auction news always take me too long to comprehend
[13:04] {ese} yes......was looking at something else ....missed it
[13:04] {jfjf64} thinkin 8  just got  back   looks  lk i missed  dance
[13:06] {ese} yup ...it was a nice little waltz
[13:07] {ese} if it consolidates with some higher lows.....i'll consider 8 as well
[13:07] {Threei}  Prez on TV if anyone missed him
[13:07] {jfjf64} nice nice
[13:08] {jfjf64} hopefully i  get a  chance with  her  
[13:08] {dino} pnra stopped -.13
[13:09] {Threei}  {nemo} I'll leave that one alone
[13:13] {Threei}  White House Spokesperson: President Obama continues to support Fed Chariman Bernanke (related EUR/USD )
[13:13] {jfjf64} surprized?
[13:14] {nemo} tbt took a pounding on the auction results
[13:14] {Threei}  mostly by the fact that the topic even surfaced
[13:14] {nemo} slow newsday
[13:15] {jfjf64} s jpm .46 trigger
[13:16] {jfjf64} nope
[13:24] {_levelseven} stocks seem to be picking up
[13:26] {Threei}  not finding candidates here
[13:29] {_levelseven} cpst testing new hi
[13:32] {ese} stupid windows ........cuts me off for udates...&^%&%$#
[13:32] {Threei}  take if off auto
[13:32] {ese} how do you do that
[13:33] {Threei}  contol panel - security center - updates
[13:33] {ese} tks
[13:35] {ese} done!!!
[13:35] {_levelseven} 最大3セント、下3セント
[13:36] {nemo} he's at it again
[13:36] {ese} what does that mean....long something....short something
[13:36] {ese} speak up man!
[13:37] {_levelseven} sorry, thought this was my japanese forum
[13:37] {ese} ha ha ha....good one
[13:37] {_levelseven} :D
06[13:37] * nemo {---depressed
[13:40] {dino} pru stopped -.20
[13:46] {_levelseven} cpst one heavy stock
[13:49] {dino} apol sm l .01
[13:49] {ese} gotta go all see ya tomorrow
[13:50] {Threei}  take care ese
[13:50] {fernp} bye ese
[14:08] {Threei}  wow... boredom kingdom
[14:09] {nemo} see pru dino
[14:09] {dino} yeah
[14:09] {dino} qcom too
[14:14] {magoo} .
[14:14] {nemo} ?
[14:15] {Threei}  NVAX CEO: Expecting to sign new licensing deals in Q3; targets initiation of H1N1 human trials in 2009 (3.30, 0.30, 10.00%)
[14:15] {Threei}  what's with F?
[14:17] {dino} intc l .50
[14:17] {dino} f'ng pru stops me and then runs a buck
[14:20] {Threei}  C Reportedly planning debt issuance with no FDIC backing
[14:31] {Threei}  (KS) US Envoy: Notes the US is committed to resolving its differences with North Korea via diplomacy, affirms US will take "necessary steps" if North Korea definance continues (related USD/KRW GLD )
[14:33] {dino} apol stopped -.28
[14:33] {nemo} take a break dude
[14:35] {dino} yeah i should
[14:36] {dino} some days you eat the bear, some days the bear eats you
[14:36] {nemo} 3 days out of the last 36?
[14:37] {dino} y
[14:37] {nemo} beer in the frig?
[14:37] {dino} yes, but i have to coach tonight
[14:38] {nemo} 1 or 2 shouldn't be a problem...
[14:41] {dino} intc stopped -.11
[14:42] {_levelseven} cpst liftoff
[14:42] {dino} amag
[14:42] {Threei}  ummm
[14:43] {Threei}  2 cents liftoff - I sure hope folks launching spaceships know better how to do it :)
[14:43] {Threei}  but yeah, it looks inytresting
[14:44] {nemo} nutbuster
[14:44] {Threei}  1.15 break finally did it
[14:46] {Threei}  scalpers of type I paradise
[14:46] {_levelseven} makes u suffer too long for it tho
[14:46] {Threei}  these thick ones are always like this
[14:47] {_levelseven} i prefer the buys at 10, then sell at 10:01
[14:48] {Threei}  one more thing to watch fopr possible, umm, liftoff
[14:48] {Threei}  ALTI
[14:49] {Threei}  (US) Senate achieves sufficient votes for passage of legislation granting the FDA the power to regulate tobacco
[14:49] {Threei}  - Voting is ongoing at this time. (related RAI MO L CG UVV BTI VGR PM LO STSI )
[14:49] {Threei}  F Reportedly has no plans to issue additional equity - unconfirmed report (5.99, -0.20, -3.23%)
[14:51] {_levelseven} regulate = tax more
[15:01] {Threei}  you holding any CPST, l7?
[15:02] {Threei}  feels like scrawl is not over
[15:03] {Threei}  can't in good conscience call it a run
[15:03] {magoo} weird day..no power
[15:03] {Threei}  told ya hours ago, felt very sluggish
[15:03] {nemo} 100 point day on DOW and no power
[15:04] {magoo} i haven't read u in hours he he
[15:04] {Threei}  mags... you got something heavy handy?
[15:04] {magoo} huh?
06[15:05] * nemo crawls into cave...closes door...pulls blanket over head
[15:05] {Threei}  just making sure I can do this safely:
06[15:05] * Threei slaps magoo around a bit with a large very heavy book of Best Threei's Quotes for the Last %5 Hours
[15:06] {nemo} has no pages
[15:06] {Threei}  CPST is likely to pop over .30
[15:06] {Threei}  after that, who knows
06[15:06] * Threei slaps nemo around a bit with a large another copy of that same book... count pages NOW
[15:07] {nemo} I'm in my cave
[15:07] {Threei}  not much help... that book breaks any doors
[15:07] {magoo} BAC breaking out
[15:08] {Threei}  BAC is stronger that FAS today
[15:08] {Threei}  too bad FITB lost momo
[15:08] {Threei}  CPST is ready for the next leg
[15:09] {_stockdisk} Threei what is momo
[15:09] {Threei}  momentum
[15:09] {Threei}  sorry for the slang
[15:09] {Threei}  I am just too lazy to type full words
[15:09] {Threei}  here comes the bride... err CPST
[15:10] {nemo} I m  ust o zy o ype ull rds
[15:10] {Threei}  sigh
[15:10] {nemo} cpst braches .30
[15:10] {Threei}  abuse I take...
[15:10] {_levelseven} i dumped it on the first break of .15
[15:10] {Threei}  wow... you are stingy
[15:11] {_levelseven} im greedy pos
[15:11] {Threei}  okay... greed is good
[15:11] {_levelseven} i like nickels & dimes
[15:11] {nemo} that's a copyright infringement
[15:11] {Threei}  I have no read on it after break of .30, need new consolidation
[15:12] {Threei}  that's what I told G.Gekko, nemo
[15:12] {_levelseven} im hopin it falls to .75 asap
[15:12] {Threei}  CPST? to .75?
[15:12] {nemo} might go back to a buck
[15:12] {_levelseven} makes my sale look good then
[15:13] {Threei}  that's right there with Chavez dream of oil at 150
[15:13] {_levelseven} his dream came true last year
[15:14] {Threei}  CPST won't give you such low today... but do keep an eye on ALTI
[15:14] {Threei}  on CPST, I'd say:
[15:14] {Threei}  if you get 1.10 zone today, grab it
[15:14] {Threei}  and be ready to hold overnight
[15:16] {Threei}  welcome to the jungle grasshopper
[15:16] {nemo} didn't the find "grasshopper" in a Bangkok hotel closet?
[15:17] {_grasshopper} :)
[15:17] {jfjf64} im back   anybody  miss me
[15:17] {Threei}  nemo... guess why I find your rudeness troubling
[15:17] {Threei}  no jf
[15:18] {nemo} tell me
[15:18] {Threei}  hint:
[15:18] {jfjf64} comon
[15:18] {Threei}  not because rudeness troubles me... not in the least
[15:18] {nemo} guess I should have stayed in the cave
[15:18] {Threei}  lol
[15:18] {Threei}  come on guess
[15:18] {nemo} having a brainfart at the moment
[15:19] {Threei}  oh boy... it's so simple
[15:19] {nemo} even a nemo could guess it!
[15:19] {Threei}  because you are more rude than I am, and I don't like competition
[15:19] {nemo} I figured
[15:19] {nemo} O.K.
[15:19] {Threei}  now... let's focus on jf
[15:20] {nemo} Grasshopper, welcome aboard, I hope you enjoy your stay on the good ship Vadym
[15:20] {nemo} JF
[15:20] {Threei}  wow... skies haven't seen nemo this polite in the last two millenia
[15:20] {nemo} o.k. yeah, like I miss alimony payments
[15:21] {nemo} So...tell us about yourself Grasshopper?
[15:22] {nemo} By your name, are you an entymologist by profession
[15:22] {Threei}  or maybe better not...
[15:22] {nemo} A practitioner of mystical eastern arts
[15:22] {jfjf64} you  guys  been drinkin
[15:22] {Threei}  who would want to tell anything about themselves to a guy who is either a lost fish or mad captain of a submarine
[15:22] {nemo} This is what happens when I stop JF
[15:23] {Threei}  rather bored out of our minds jf
[15:23] {Threei}  well... those of us who have those
[15:23] {Threei}  I am bored out of my skull
[15:23] {nemo} yeah, my thoughts exactly up .03 down .02 up .06 down .04
[15:23] {_levelseven} cpst रात आयोजित एक से अधिक हो सकता है
[15:24] {nemo} come again L7
[15:24] {Threei}  janitor raises his eyebrows
[15:24] {nemo} L7 is that a cellblock designation?
[15:24] {_levelseven} sorry, thought i was posting on a hindu site
[15:24] {Threei}  no one posts in russian
[15:24] {Threei}  sniff sniff
[15:24] {jfjf64} you  guys  hv  fun   im  searchin  for that one        momma  needs a new  pair of  shoes   ill keep  ya  posted
[15:25] {nemo} Time to take away the belts pens and shoelaces
[15:25] {_levelseven} надеюсь, что это заставляет вас чувствовать себя как дома
[15:25] {Threei}  jf... tell momma it's a crisis, better fix old ones
[15:25] {Threei}  wow L7
[15:25] {nemo} Yo K, bitte etwas auf Deutsch schreiben
[15:26] {Threei}  guys I hate buying breaks on finnies
[15:26] {Threei}  but BAC starts looking like worthy one
[15:26] {jfjf64} im  watchin   wow
[15:26] {Threei}  .20 break long
[15:26] {jfjf64} yeah
[15:26] {Threei}  discretionary trade
[15:26] {_grasshopper} Hi Nemo we actually met @ CTAB
[15:27] {Threei}  grasshopper... now the most elegant thing to do would be to leave him to guess for a few days :)
[15:28] {nemo} whoa...California
[15:28] {jfjf64} push  this  fas vad
[15:28] {nemo} Geez, and I was relatively well behaved there.  
[15:28] {_grasshopper} Ok I will
[15:28] {_grasshopper} :)
[15:29] {Threei}  ty, I will enjoy his torture :)
[15:29] {nemo} What's so elegant about it
[15:29] {Threei}  there
[15:29] {Threei}  I am glad BAC didn't break, to say honestly
[15:29] {jfjf64} hmm
[15:29] {nemo} Vad, what's your birthday, I need to burn a couple of diagrams :)
[15:30] {Threei}  I don't feel easy about buying this kind of breaks
[15:30] {Threei}  lol
[15:30] {nemo} I know you hate indicators, but the stochastics had been dropping on it since 3:00
[15:30] {jfjf64} s afl.98
[15:30] {Threei}  Update: NY: Fed: Dealers submit $0B in 28 day, $25B TSLF auction; $0B accepted; bid to cover ratio 0
[15:30] {Threei}  - Stop out rate 0.10%
[15:30] {Threei}  - Note: This is 6th consecutive schedule 1 collateral auction that received no bids
[15:30] {Threei}  wow
[15:30] {Threei}  that's what triggered selling
[15:31] {jfjf64} in
[15:32] {nemo} mojo
[15:37] {Threei}  CPST either will hold support 1.20 and finish closer to high, or break it and give chance for 1.10
[15:37] {nemo} interesting, that auction results also sold off PMs
[15:37] {Threei}  no way to tell which is more likely
[15:37] {Threei}  so if you are warm to the idea of taking it overnight,
[15:37] {Threei}  get hal;f near 1.20
[15:37] {Threei}  and wait for breakdown to get another half
[15:38] {Threei}  why not nemo
[15:38] {Threei}  that's what we see lately
[15:38] {vinod} is it a buy at 1.10 CPST ?
[15:38] {nemo} why not what
[15:38] {vinod} o.k i was not here
[15:38] {jfjf64} ty vinod
[15:38] {Threei}  only if you are willing to hold overnight vinod
[15:39] {vinod} I can't see all post 
[15:39] {nemo} Blue Horshoe likes CPST Vinod
[15:39] {vinod} thanks i will
[15:39] {jfjf64} bac  break .10 vad
[15:40] {Threei}  long?
[15:40] {Threei}  nah
[15:40] {jfjf64} ty
[15:40] {Threei}  there is no spring in market's step today
[15:41] {Threei}  see, even nemo doesn't hope for PPT to arrive
[15:41] {nemo} plus a 4-6 cent stop with a triple top at .18 not much reward for risk
[15:42] {nemo} Don't need PPT today, up 75 points
[15:42] {Threei}  ah
[15:42] {Threei}  jeez
[15:42] {Threei}  LLY Court documents show Lilly ghostwrote articles for marketing Zyprexa, placing doctors names on studies it authored
[15:42] {Threei}  any area of life is not corrupted?
[15:43] {_levelseven} daytrading
[15:43] {nemo} Depends on what your definition of corruption is
[15:43] {Threei}  come on someone, name me one, I need my faith in humanity back
[15:43] {_levelseven} prostitution
[15:43] {nemo} birth
[15:43] {nemo} related
[15:43] {nemo} L7 you need help
[15:43] {nemo} I know
[15:44] {nemo} Do you have the same problems typing with your elbows because of these reaaaaaallllly long sleeve shirts they make me wear
[15:45] {Threei}  one more alt energy name finishing at the high:
[15:45] {vinod} PPT can also play game otherway around?
[15:45] {Threei}  EMKR
[15:46] {_levelseven} i need something for overnight
[15:46] {Threei}  our morning ESLR exit looks pure genius
[15:47] {Threei}  L7... you are venturing in dangerous territory... with nemo around, that line serves for like 15 jokes
[15:47] {_levelseven} lol
[15:47] {_levelseven} cpst wont let it go
[15:48] {_levelseven} strong finisher could be overnighter
[15:48] {Threei}  both CPST and EMKR...
[15:48] {nemo} Only thought on CPST is it has a habit of pulling back on the news.  You had news today, and tomorrow is Friday
[15:49] {_levelseven} both hod
[15:50] {Threei}  ALTI looks tempting too
[15:51] {Threei}  decide for yourself guys,
[15:51] {jfjf64} s jpm .10 break
[15:51] {Threei}  overnights is not something i call officially wirth ease
[15:52] {Threei}  and lord knows I did quite a few recently
[15:52] {_levelseven} in both
[15:53] {Threei}  new high on close in both
[15:53] {nemo} You took two home with you the other night Vad...impressive
[15:53] {_levelseven} gotta go with hod + vol
[15:53] {Threei}  yeah nemo, and with wife being home too it took quite a trickery
[15:53] {nemo} I thought she runs the camera
[15:54] {Threei}  janitor is angry
[15:54] {_levelseven} prob shoulda have waited a few more mins
[15:54] {Threei}  he hates editing
[15:54] {Threei}  jusy keep sizes reasonable L7
[15:54] {_levelseven} let all u daytraders dump ur positions first
[15:54] {Threei}  overnight is overnight
[15:54] {Threei}  anything can happen
[15:55] {Threei}  one more thing:
[15:55] {Threei}  lately many of them continue moving after hours,
[15:55] {Threei}  if you have price you'd be happy with in mind, try and put it for sale after close
[15:55] {_levelseven} yea, ill be watching
[15:56] {jfjf64} half out jpm
[15:56] {Threei}  people come home, see news about CPSATY putting their turbine in Ford van
[15:56] {nemo} nice on JPM JF
[15:56] {Threei}  new highs, breakout, volume
[15:56] {Threei}  think :"we better get it today before it gaps and runs tomorrow"
[15:56] {Threei}  and there you are, merrily selling to them
[15:57] {_levelseven} thanks for cheering me up
[15:57] {Threei}  good job jf
[15:57] {jfjf64} all out
[15:57] {Threei}  nice short and good cover
[15:57] {Threei}  now I have to confess,... quite a few people missed you
[15:57] {Threei}  and dcced me asking "where is jjf, we miss him"
[15:57] {jfjf64} ty
[15:58] {_levelseven} now lets finish strong
[15:58] {Threei}  one phoned and cried
[15:58] {nemo} Oh geez, Vad, I don't have my boots on
[15:59] {vinod} what happeb nemo_brought market down?
[15:59] {_grasshopper} wading boots if this keeps up,  hipsters
[15:59] {dino} gotta hop, thx all, i'll do better tomorrow
[15:59] {nemo} I'm thinking a dive suit myself
[15:59] {nemo} nite Dino
[15:59] {Threei}  take care dino, there is always tomorrow
[16:00] {Threei}  nice close on both, L7
[16:00] {vinod} Nite to all
[16:00] {nemo} Vino :)
[16:00] {Threei}  let's hope momo continues
[16:00] {Threei}  okay guys
[16:00] {Threei}  thank you all
[16:01] {Threei}  have a good evening
[16:01] {fernp} good evening all. see u tomorrow
[16:01] {Threei}  see you tomorrow
[16:01] {dino} :)
[16:01] {Threei}  FNSR Reports Q4 $0.00 v -$0.01e, R$116.7M v $120.7Me (0.85, 0.07, 8.97%)
[16:02] {Threei}  whoa
[16:02] {Threei}  IMGN Elects to Discontinue Further Internal Development of Its IMGN242 Compound
[16:02] {Threei}  - elected to discontinue further internal development of its IMGN242 gastric cancer compound and to ... (8.25, 0.11, 1.35%) more...
[16:03] {_levelseven} =IMGN sellin
[16:04] {nemo} I like the stink bids