Jun 30 2009

Summer. Boring. Nothing to add.

Session Time: Tue Jun 30 00:00:00 2009

[08:31] {Threei} CYTR Files Report with the FDA in Response to the Partial Clinical Hold on its Phase 2b Arimoclomol ALS Trial

[08:34] {Threei} [APPY] Files 510(k) Notification With FDA for AppyScore(TM) Test

[08:34] {fernp} good morning everybody

[08:35] {Threei} fern :)

[08:35] {nemo} hello

[08:35] {Threei} nemo :)

[08:35] {nemo} Vader

[08:40] {Threei} Investor George Soros: One cannot fix credit crisis by replacing debt with fiscal balance sheet; going forward, sees a 'stop-go' economy

[08:40] {Threei} - It's a misconception to believe in 'self-correcting' markets

[08:41] {Threei} really?

[08:41] {Threei} how did they self-correct for hundreds years

[08:42] {cosmo} before soros = bs

[08:44] {Threei} lol

[08:47] {BillyD} mornin all

[08:47] {Threei} Billy :)

[08:52] {BillyD} Vad, AGII finished with good buying.....it is just low volume

[08:52] {Threei} yeah, let's have a loom at it after open

[08:53] {nemo} huh?

[08:53] {BillyD} SCLN a little one on nice uptrend

[08:54] {Threei} the fery first stock I've ever bought

[09:00] {Threei} *APR CASE SHILLER HOME PRICE INDEX: 139.18 V 139.99 PRIOR

[09:00] {Threei} COMPOSITE-20 Y/Y: % V -18.63%E

[09:01] {Threei} SLM Corp Buckingham reiterates Accumulate rating, price target $16

[09:01] {Threei} - Firm is raising their 2010 EPS estimate by $0.07 to $1.42 to reflect the estimated contribution from the company's new loan servicing contract and are lowering our Q2 and 2009 estimates by $0.09 per share to reflect the still wider than normal spread between LIBOR and CP in Q2 (about 44bp instead of 10bp).

[09:01] {ese} good morning.....

[09:01] {Threei} ese :)

[09:02] {ese} sold fitb at the end of the day .02 +.08 on 6k

[09:03] {ese} thought i was going to get more out of it

[09:03] {magoo} dfj;ordspijreaipjhresjhil

[09:04] {ese} ya for sure dajup werwoiuoi*&^&^ and i believeoioidjlkjoiwe....for sure!

[09:04] {Threei} magoo :)

[09:05] {ese} focusing in on anything vad?

[09:05] {magoo} its my bday today

[09:06] {tomg} Happy Birthday Magoo !

[09:06] {ese} happy birthday mags!!!!!!!!

[09:06] {Threei} Happy Birthday mags

[09:07] {Threei} I am focusing on attempts to focus

[09:07] {patience} happy birthday to magoosky :)

[09:07] {magoo} if u figure that focus thingy out let me know lol

[09:07] {ese} gottcha....let me get my coffee

[09:11] {dino} gm all

[09:11] {Threei} dino :)

[09:11] {nemo} what did the Case-Shiller release say?

[09:11] {Threei} 09:00] {Alert} Threei *APR CASE SHILLER HOME PRICE INDEX: 139.18 V 139.99 PRIOR

[09:11] {Threei} [09:00] {Alert} Threei COMPOSITE-20 Y/Y: % V -18.63%E

[09:12] {nemo} not good

[09:12] {nemo} but market not affected

[09:14] {magoo} gotta be careful...end of qtr games been in play..usually do not carry the last day

[09:16] {dino} don't over think it guys, just trade

[09:16] {Threei} couldsn't even if I wanted dino

[09:17] {nemo} that's funny...looking at your entry, I thought prices dropped 20%...news article says they only dropped %18.8-less than expected

[09:18] {ese} i'm with dino......what market....what index.....what release......whadaya talkin a bout

[09:18] {dino} great minds, huh es, lol

[09:19] {nemo} stand up ese...less pressure on your brain

[09:20] {nemo} GERN

[09:20] {ese} ahhhh oh ya.....thats what it is

[09:21] {Threei} Geron Corp Announces exclusive global agreement with GE Healthcare to Commercialize Stem Cell Drug Discovery Technologies

[09:21] {Threei} - Companies have entered into a global exclusive license and alliance agreement to develop and commercialize cellular assay products derived from human embryonic stem cells (hESCs) for use in drug discovery, development and toxicity screening.

[09:21] {Threei} - The program will use stem cells derived from hESC lines listed on the NIH Human Pluripotent Stem Cell Registry.

[09:21] {Threei} Under the terms of the agreement, GE Healthcare has been granted an exclusive license under Gerons extensive intellectual property portfolio covering the growth and differentiation of hESCs, as well as a sublicense under Gerons rights to the foundational hESC patents held by the Wisconsin Alumni Research Foundation. GE Healthcare and Geron have established a multi-year alliance program under which scientists from the two companies will work closely together to develop hESC-based products for drug discovery. The program will use stem cells derived from hESC lines listed on the NIH Human Pluripotent Stem Cell Registry. GE Healthcare will fund the R&D program and will be responsible for manufacturing, sales and distribution of products developed under the agreement.

[09:22] {BillyD} GERN never came up on scanner

[09:22] {Threei} in all those multiple GERN buyout rumors GE was named as a potential suitor

[09:25] {BillyD} stocks of focus Vad?

[09:26] {Threei} GERN

[09:27] {Threei} maybe STEM

[09:30] {Threei} and whatever scanner spits out

[09:30] {magoo} APOL nuts..i know reported

[09:31] {Threei} yeah, was very strange after report, stranger yet now

[09:32] {Threei} Long Setup: GERN on pullback to about .65

[09:32] {Threei} Long Setup: BAC .30 break

[09:33] {Threei} if stays above .24

[09:34] {nemo} wow, tsl jumped 1.30

[09:34] {dino} schn

[09:34] {Threei} GERN didn't give entry... don't want to chase it, it's not really breakout stock

[09:36] {Threei} BAC invalidated

[09:37] {BillyD} stiil want GERN if pulls back?

[09:37] {ese} INTC approaching 3 month high

[09:37] {Threei} yes, double bottom

[09:41] {ese} Lfitb ,11

[09:41] {nemo} frickin bac

[09:41] {magoo} the BAC-onator lol

[09:41] {Threei} Economist Shiller: Have seen improvements in overall levels of housing rate declines

[09:42] {jfjf64} mornin

[09:42] {Threei} jf :)

[09:42] {ese} jjjjjjjfffffff!!!!!!!!!1

[09:42] {Threei} FUQI at it again

[09:42] {jfjf64} ip l.26

[09:43] {BillyD} it gaps thru resistance and you don't want to chase on FUQI

[09:43] {jfjf64} 1/1

[09:43] {Threei} good one jf

[09:43] {jfjf64} out

[09:44] {Threei} MNTA

[09:44] {Threei} wathing for bounce to short intto

[09:44] {nemo} thinny, as dino would say

[09:44] {jfjf64} looks good

[09:44] {jfjf64} very thinni

[09:45] {Threei} JUNE CHICAGO PURCHASING MANAGERS INDEX: 39.9 V 39.0

[09:46] {ese} end of the month ...no effect

[09:46] {jfjf64} hrb.97 long

[09:47] {nemo} gern pulled back a bit

[09:48] {jfjf64} killin entry on pullbk

[09:50] {jfjf64} xco vad lk lk wants to mk dbl top

[09:51] {dino} xco shale deal

[09:51] {Threei} tough one jf

[09:51] {Threei} GERN new high

[09:54] {Threei} SLM

[09:54] {jfjf64} elx break .25

[09:54] {Threei} pullback closer to .30 long

[09:57] {Threei} in

[09:57] {Threei} stop uinder .20

[09:57] {jfjf64} in

[09:58] {magoo} in

[09:59] {Threei} consumer confidence numbers are coming

[10:00] {magoo} OY

[10:00] {Threei} JUNE CONSUMER CONFIDENCE: 49.3 V 55.3E

[10:00] {dino} air pocket

[10:01] {Threei} consumer is as confused as anyone

[10:01] {dino} well think about it, savings rate way up, consumer not confident

[10:02] {Threei} (US) Treasury: Proposed consumer financing to cover all banks and non-banking institutions

[10:02] {Threei} hmm?

[10:03] {Threei} no worky SLM

[10:04] {jfjf64} xco dam

[10:06] {jfjf64} couldnt fine define entry

[10:06] {Threei} you were looking for double top jf??

[10:07] {Threei} good thing you haven't found it, lol

[10:08] {fernp} DELL double bottom, Vad?

[10:08] {Threei} most likely, but I'd prefer buying it on sliught pullback

[10:08] {Threei} around .70

[10:09] {fernp} ok

[10:09] {Threei} if market spikes strongly then yes, buy .75

[10:09] {Threei} GERN

[10:09] {Threei} .90 break

[10:09] {Threei} stop under .85

[10:10] {Threei} (US) Labor Dept: Unemployment levels are seen up in all independent 372 survery areas in US

[10:11] {Threei} I don't get it... did we or did we not create or saved millins of jobs

[10:11] {nemo} talked about it

[10:12] {Threei} GERN 1:1

[10:13] {Threei} half or scalp is your choice

[10:13] {Threei} DELL 1:1 for hardcore scalpers

[10:13] {jfjf64} took ssalp ty

[10:13] {Threei} you know... those pesky creatures that buy .75 while keeping .70 stop

[10:14] {magoo} big pllbk BAC vad

[10:14] {Threei} on GERN jf? or DELL?

[10:14] {jfjf64} gern

[10:14] {Threei} I'd try it mags

[10:14] {Threei} .20 is nearest support, let's see if holding it

[10:15] {Threei} if yes, buy .26

[10:15] {Threei} if no, let's wait and reevaluate

[10:16] {ese} out fitb....00 -.11

[10:16] {jfjf64} xco vad

[10:16] {ese} &*^&^%&^*&#@#@!

[10:17] {jfjf64} ya see entry anywher

[10:17] {Threei} watching

[10:17] {Threei} not yet\]

[10:17] {level777} VICL

[10:17] {dino} schn lod

[10:18] {dino} fast bounce

[10:18] {Threei} VICL 8:30 news

[10:18] {Threei} Vical Inc H1 Influenza Vaccine Delivers Robust Preclinical Results With 100% Response

[10:18] {Threei} - Company''s vaccine against A/H1N1 pandemic influenza (swine flu) produced robust immune responses well above the accepted protection threshold in 100% of vaccinated mice and rabbits after a standard two-dose vaccine regimen. In addition, at least 75% of vaccinated animals achieved or exceeded the protection threshold after a single dose of vaccine.

[10:18] {Threei} - The company is ready to advance directly to large-scale cGMP manufacturing of the vaccine for human clinical trials, subject to securing external funding for this program.

[10:18] {Threei} XCO jf

[10:18] {Threei} .70 break

[10:18] {Threei} long

[10:18] {Threei} stop under .65

[10:19] {Threei} invalidated

[10:19] {Threei} so is BAC

[10:20] {nemo} wfc builing support

[10:22] {Threei} WFC is .60 trigger

[10:22] {Threei} if holding .50

[10:22] {nemo} tell the market

[10:22] {Threei} XCO worked after all, lol

[10:23] {jfjf64} yup

[10:23] {jfjf64} tempted to try .90 break

[10:23] {level777} trading looks a little tough today

[10:24] {Threei} AGEN Hearing positive chatter circulating regrading fast track approval speculation (1.97, 0.13, 7.07%)

[10:24] {jfjf64} but that be chasin

[10:24] {BillyD} Vad, u taking WFC if triggers

[10:25] {Threei} why not

[10:25] {jfjf64} ditto

[10:26] {nemo} short if it fails?

[10:26] {Threei} I won't

[10:26] {BillyD} KIRK is strong

[10:27] {nemo} that's why he was Captain

[10:27] {BillyD} lol

[10:27] {jfjf64} .60 short xco

[10:27] {jfjf64} didnt play it

[10:28] {jfjf64} you wd of had to be fast for that

[10:29] {nemo} in wfc

[10:29] {jfjf64} in

[10:31] {nemo} markets ying

[10:31] {nemo} dying

[10:32] {dino} snda

[10:32] {jfjf64} gv this wfc sm vodka vadd she fightin

[10:33] {jfjf64} fas killin us

[10:33] {nemo} markets killin us

[10:36] {fernp} WFC is stronger tham FAS

[10:36] {nemo} "the mini magnet is stronger than the maxi magnet"

[10:36] {dino} watching snda, schn, pnra, met, qcom

[10:39] {Threei} I start thinking WFC could be more than scalp

[10:39] {BillyD} yes, if mkt turns for us

[10:39] {Threei} sure

[10:40] {nemo} why?

[10:40] {jfjf64} i was wonderin

[10:40] {Threei} starting dfrom 10:15 roughtly, market made a few new lows

[10:40] {nemo} but wfc held it's range

[10:40] {Threei} WFC held the range, not trying to break it down anymore

[10:41] {Threei} and broke it up with slightest market bounce

[10:42] {Threei} SPPI slowly creeping up

[10:43] {jfjf64} comon break this .70 wfc

[10:45] {nemo} now it's moving with market

[10:51] {Threei} now there is no pattern whatsoever

[10:51] {nemo} black boxes grrrrrrr

[10:51] {BillyD} changing before our very eyes

[10:51] {Threei} what black boxes...

[10:52] {nemo} quant traders

[10:52] {Threei} lol

[10:52] {nemo} conspiracy of the day

[10:52] {Threei} Hypotesis non sint multiplicanda

[10:52] {nemo} nemo me impune lo quesit

[10:53] {nemo} think this thing is going down

[10:53] {Threei} scratch it

[10:54] {Threei} it's within spitting distance from entry

[10:54] {BillyD} u saying bail on it

[10:54] {magoo} wfc?

[10:54] {Threei} if uncomfortable

[10:54] {nemo} scratch=bale

[10:55] {fernp} the reason I entered the trade no longer exists. I am out

[10:55] {Threei} I am fine with 10 cents sto[

[10:55] {nemo} sto=norwegian oil company

[10:55] {Threei} if want to minimize it and don't see the reason to stay out anymore, why not

[10:55] {nemo} don't know what "sto]" is?

[10:55] {Threei} sto[ is a test word to reveal smart a$$

[10:56] {nemo} did it work?

[10:56] {dino} stoli vodka

[10:56] {Threei} what do you think? {G}

[10:56] {nemo} magoo here?

[10:56] {dino} ipcm l .20

[10:58] {magoo} magoo reporting for duty......

[10:59] {dino} bounce coming, imo

[11:00] {dino} snda sm l .75

[11:03] {BillyD} partialed out some WFC here

[11:04] {Threei} AGEN...

[11:04] {BillyD} SPPI .50

[11:07] {dino} guess not

[11:12] {BillyD} oh well

[11:13] {dino} rdea

[11:13] {BillyD} WFC enough to rinse

[11:24] {Threei} come on market... don't fall asleep just yet

[11:24] {jfjf64} xco

[11:27] {nemo} frickin wfc

[11:27] {BillyD} lol

[11:28] {Threei} AGEN... by no means an easy one to trade... but buying is stubborn

[11:29] {Threei} Update: EPA gives approval for California to move ahead with more stringent regulations on greenhouse gas emmission from autos (related F GMGMQ TM )

[11:30] {Threei} this is very smart and timely idea

[11:33] {nemo} rimm very strong today

[11:36] {dino} snda to .25

[11:37] {dino} stopped +.50

[11:37] {BillyD} gj

[11:38] {dino} ty, had more but sudden drop

[11:38] {magoo} out wfc -.03

[11:39] {magoo} blows'

[11:41] {level777} nvax news

[11:41] {level777} from about 2.57

[11:43] {magoo} whenever i get frustrated..cut a trade..openly critisize it..IT WORX lol

[11:44] {Threei} I saw NVASX news... didn't belueve in it at all

[11:44] {magoo} nvax is usually a serial disappointer

[11:44] {level777} nothing to do with believing..has to do with investor hype

[11:44] {Threei} let me elaborate

[11:44] {level777} :)

[11:45] {Threei} didn't believe any hype could move it

[11:45] {level777} i sold @ 2.69

[11:45] {level777} thats my comviction

[11:45] {level777} none of these bio news stocks holds gains unless $$ attached to it

[11:46] {Threei} and even then... {G}

[11:46] {level777} well, i guess they get a P/E then..thats worse news for a bio stock

[11:47] {BillyD} I just want them to hold gains for scalp ordaytrade

[11:47] {BillyD} and...NVAX struggles with even that

[11:47] {BillyD} in my experience...as magoo says: serial disappointer

[11:47] {level777} went up 20%

[11:48] {level777} maybe 15

[11:48] {nemo} Billy D....Magoo's not that bad

[11:48] {BillyD} right, but it seems to pullback past stop, etc

[11:48] {BillyD} in the past, haven't watched today

[11:49] {level777} you'd think after years of watching this scenario repeat over & over, some people would learn

[11:51] {nemo} wfc wedging towards .70 (frickin' pos)

[11:51] {BillyD} I've learned it doesn't normally work for my style

[11:52] {BillyD} glad you made $ on it

[11:52] {level777} good observation

[11:52] {level777} sticking with what works for you

[11:53] {Threei} Preview: St. Louis Fed President Bullard scheduled to speak on Fed Exit Strategies at Noon ET

[11:53] {Threei} - audience and media Q&A's are expected to follow the speech.

[11:53] {Threei} - Bullard is not a voting member of the FOMC.

[11:54] {Threei} NVAX is out of character today

[11:54] {BillyD} straight up

[11:54] {nemo} off its meds :)

[11:54] {level777} wish i knew that b4 i sold

[11:59] {dino} sm l wynn .80

[12:00] {Threei} Fed's Bullard: SHort term goal to avoid short term inflation trap in 2009; some programs may wind down naturally

[12:01] {Threei} I think NVAX is done except for scalps on bounces

[12:01] {BillyD} short?

[12:02] {Threei} closer to .10

[12:02] {Threei} if pauses and can't break

[12:02] {Threei} new high is a stop

[12:03] {Threei} didn't pause... no entry yet

[12:04] {Threei} .07 worth a try short if stays under .14

[12:05] {nemo} volume stronger today than yesterday

[12:10] {Threei} volume dries up on this NVAX bounce... if we don't get 3.10 break and it loses 3, look out below

[12:11] {BillyD} still .14 stop right

[12:11] {Threei} if it makes a new high, this is some new NVAX...

[12:11] {Threei} one I am not familiar with

[12:11] {Threei} yes

[12:11] {Threei} held by fingertips

[12:12] {Threei} out

[12:12] {BillyD} oh well

[12:13] {Threei} looks determined

[12:13] {dino} sm l snda .75

[12:14] {ese} L fitb.01

[12:16] {level777} nvax strong as a bull

[12:16] {Threei} no kidding

[12:16] {nemo} strong like bull

[12:16] {level777} is strong as mongo

[12:16] {nemo} where'd that come from anyway/

[12:16] {nemo} Alex Karras

[12:17] {nemo} "somebody better go back and get a s$*&load of dimes"

[12:17] {dino} feet don't fail me now

[12:18] {level777} geez

[12:31] {jfjf64} nvav l .32

[12:31] {nemo} you mean nvax?

[12:31] {jfjf64} y

[12:37] {Threei} APPY Hearing Lazard making positive comments (2.74, 0.21, 8.30%)

[12:37] {Threei} wow

[12:37] {Threei} not every day big name makes comments about $2 stock

[12:37] {Threei} daily looks brewaky too

[12:37] {Threei} .75 break is a swing trade trigger

[12:38] {Threei} for daytraders stop under .65

[12:38] {Threei} for swing trade under .40

[12:38] {Threei} first target somewhere above 3

[12:39] {Threei} cites filing of 510K notification for marketing approval of its AppyScore Test this morning

[12:45] {level777} nvax o my

[12:46] {Threei} US Treasury's Barr: Obama plan will preserve strong role for State enforcement

[12:46] {Threei} lol... who would have any doubt

[12:47] {jfjf64} took .38 nvax +6 little cents

[12:47] {Threei} Long Setup: PALM .40 break

[12:47] {Threei} stop under .35 for stinkin' scalpers, under .30 for sane traders

[12:49] {BillyD} you guys in PALM already...i stepped away

[12:49] {Threei} no

[12:49] {jfjf64} n

[12:49] {Threei} mow

[12:49] {BillyD} ty

[12:49] {Threei} now

[12:49] {jfjf64} y

[12:49] {magoo} mnow

06[12:50] * Threei slaps magoo around a bit with a large manual "learn to Type with Your Knees"

[12:51] {Threei} AGEN... something about it...

[12:51] {magoo} ;0

[12:51] {magoo} OOP

[12:51] {magoo} :)

[12:51] {magoo} [12:51] {magoo} ;0

[12:51] {magoo} ROFLOL..cant even do trhaty

[12:51] {magoo} trhaty

[12:51] {magoo} jesus

[12:52] {Threei} trhaty is a small fury animal from Alpha Centauri?

[12:52] {fernp} lol

[12:53] {Threei} stinkin' scalpers got their stinkin' 1:1

[12:53] {jfjf64} 1/1 palm for this scalper

[12:53] {nemo} No I didn't I went and grabbed a sandwich

[12:54] {jfjf64} ty

[12:54] {Threei} :)

[12:54] {Threei} from some fast food outfit nemo?

[12:55] {nemo} refrigerator

[12:55] {Threei} too bad

[12:55] {Threei} I wanted to give a rant about how harmful fast food is

[12:55] {nemo} mortadella, olives, tomatoes, gherkins on frenchbread, w/brown mustard and shot of vodka

[12:55] {BillyD} lol

[12:56] {Threei} vodka as a unalienable elewment of sandwich?

[12:56] {Threei} what a concept

[12:56] {jfjf64} hey thats sounds good nemo

[12:56] {nemo} wash down

[12:56] {Threei} dp wpuld be proud of you

[12:56] {Threei} and ese would help you wash that down with black coffee in hypodermic needle

[12:57] {Threei} sheesh, what a coloful group we have

[12:58] {ese} definately

[12:58] {nemo} colorful group that can't spel or tipe

[12:59] {Threei} eeksquze me?

[12:59] {Threei} I ken spel

[12:59] {nemo} whadya

[12:59] {nemo} do

[12:59] {Threei} I ken spel gud

[13:00] {nemo} Raven must think we're whacked

[13:00] {Threei} nope

[13:00] {ese} up finish to the day do you think?

[13:00] {Threei} I mean no more than usual

[13:00] {nemo} know we're whacked?

[13:00] {Threei} Raven gave up on sanity in this room long ago

[13:00] {nemo} define up ese?

[13:00] {Threei} in fact, when we behaved like normal people once for three days in a row, Raven dcced me to ask whether everything was OK

[13:01] {dino} out ipcm .32, +.12

[13:01] {nemo} outta' palm yet? :)

[13:01] {nemo} RiMM led it down

[13:02] {ese} ummmmmmm.......indexes in the green

[13:02] {Raven} {____}

[13:03] {nemo} indexes green? huh? I have qs down .25 spy down 1.11 and djx down 110

[13:03] {nemo} what did Raven say?

[13:03] {nemo} maybe he's being equivocal

[13:03] {Threei} I don't know, I hid under the nearest rock

[13:03] {Raven} {----- observing

[13:03] {Threei} sheesh nemo, you are insufferable

[13:04] {Threei} you ask ese to define "up"

[13:04] {Threei} he says "indices green"

[13:04] {nemo} good point

[13:04] {Threei} and you say "no they are red"?? :)

[13:04] {nemo} I thought he meant the indices were green

[13:04] {nemo} musician/flashback

[13:04] {ese} nada!

[13:05] {ese} nemo getting picky again?.........ah well.....thats what we like about the guy

[13:06] {nemo} picky....? me? perish the thought

[13:06] {nemo} insufferably obnoxious,,,,yeah, I'll buy that

06[13:06] * nemo crawls into cave, closes door, pulls blanket over head

[13:07] {Threei} ese...

[13:07] {Threei} I am sorry, I have to ask

[13:07] {Threei} there is something we like about nemo???

[13:07] {ese} yes

[13:08] {Threei} okay... if ou say so :)

[13:08] {ese} well.........i think there is......

[13:08] {Threei} oh wait, nemo is here

[13:08] {ese} isn't there?

[13:08] {Threei} yes, there is

[13:08] {Threei} a lot

06[13:08] * nemo takes pressure off Magoo

[13:08] {Threei} in fact we like everything about him

[13:08] {Threei} that's magoo we don't like anything about

[13:08] {Threei} wait, he is here too

[13:09] {Threei} ok... dp is not... finally

[13:10] {magoo} um..ecscuse me..i can hear u

[13:10] {Threei} yeah, I figured

[13:10] {ese} ese defers all opinions to vad..........saves hide in process

[13:11] {dino} deck sm l .25

[13:16] {Threei} US Hospitals have reportedly reached an agreement with the Govt on cuts with healthcare reform; cuts could include medicare cuts and tax exempt status (related IYH THC HCA UHS )

[13:18] {ese} ok....now that a good one vad......."When going gets tough, tough shrugs and goes to vacation"........

[13:19] {ese} or "goes golfing"

[13:19] {Threei} golfing is a bit too narrow...

[13:19] {nemo} NVAX, dare a short?

[13:20] {Threei} technically speaking it's a right thing to do

[13:20] {nemo} Mmmmhhhh...salient caveat there

[13:20] {Threei} it formed something remotely resembling H&S

[13:21] {nemo} a "Quasimodo"

[13:22] {nemo} no "Graifer Good Trading" Seal of Approval?

[13:23] {Threei} sheesh

[13:23] {Threei} where do you get these things, lol

[13:23] {Threei} it's a valid trade

[13:23] {ese} Have to admit though....everyone who hangs on this board.....DOES NOT!!!! have that inate ability to drown in a parking lot puddle......

[13:23] {dino} lol

[13:23] {nemo} You referring to King Ludwig II?

[13:24] {dino} speaking of rain, been raining here for about 6 weeks straight

[13:24] {nemo} yeah...here too

[13:24] {dino} sucks

[13:24] {ese} ya ...it's a wonder the US OPEN golf tournament was completed

[13:25] {nemo} in Georgia? that's a long way from the NE

[13:25] {ese} things have to be nice and clean in your neck of the woods though

[13:25] {dino} muddy

[13:25] {Threei} JPM Reportedly raising minimum payments on credit cards to 5%; effective August (33.95, -0.65, -1.88%)

[13:25] {nemo} they're all doing that

[13:26] {nemo} PALM Vad?

[13:27] {ese} oh my god! How will i ever pay off the $200000.00 i've racked up to be on vads board

[13:27] {nemo} there goes NVAX

[13:27] {nemo} you don't ese, you do like everybody else and tell them to go ++++ themselves

[13:27] {ese} declare bankruptcy

[13:28] {nemo} no, just tell them you can't afford it anymore, offer them .10 on the $ and go bye bye

[13:28] {ese} too funny

[13:29] {nemo} That's what's happening....first line CSR's can make those decisions now

[13:29] {Threei} nemo?

[13:29] {nemo} Vad?

[13:29] {Threei} what about PALM?

[13:29] {nemo} looked like it was building a nice wedge, now looks like it might be forming a box range

[13:29] {Threei} market weakens

[13:34] {nemo} so much for PALM

[13:34] {nemo} although holing above .25

[13:36] {nemo} dbi on nvax?

[13:37] {Threei} it was a short near .40, right shoulder of that H&S

[13:37] {Threei} who would you want to chase it that far down?

[13:37] {Threei} who = why

[13:37] {nemo} I asked

[13:38] {Threei} White House Press Sec: President cannot rule out a tax increase for healthcare (related IYH PPH BBH )

[13:38] {Threei} but of course

[13:38] {nemo} tax increase for healthcare, CO2, and....

[13:39] {Threei} and all "right things to do"

[13:39] {nemo} Aye Comrade, Brother, Friend

[13:47] {ese} comb-raid

[13:47] {ese} ?

[13:49] {Threei} everyone speaks in tongues

[13:49] {ese} fork tongue

[13:50] {Threei} survey shows that just 19% believe the climate change bill passed by the House on Friday will help the economy. Fifteen percent (15%) say it will have no impact, and 24% are not sure, while 42% say it will hurt the U.S. economy.

[13:51] {ese} and 100% are definetly undecided?

[13:53] {Threei} APPY is still there

[13:53] {vinod} good afternoon.

[13:53] {Threei} actually if it triggers at the end of day I will be only happy

[13:53] {Threei} vinod :)

[13:53] {ese} proving once again that a foregone conclusion....needs to be worked out

[13:53] {dino} wynn stopped -.40

[13:53] {ese} vinod BABBBBYYYYYYYYY!!!!!!!!

[13:53] {Threei} also,

[13:53] {Threei} AGEN

[13:54] {vinod} how many win today?

[13:54] {Threei} if it breaks 2 and stasy above it at the end of the day, I will be looking to take it overnight

[13:54] {vinod} ty ese

[13:55] {ese} your welcome

[14:00] {nemo} lookin' at WFC again

[14:00] {nemo} as it drops :)

[14:01] {Threei} one thing is missing today so far

[14:01] {nemo} President on TV

[14:01] {nemo} what do I get?

[14:01] {Threei} prise to be determined yet

[14:01] {Threei} Fed's Bullard: Exit strategy right now is 'unclear'; economic data shows signs of improving - comments to reporters

[14:01] {nemo} duh...

[14:01] {Threei} unclear eh?

[14:02] {Threei} Will review asset purchase program after evaluating economic data over summer months

[14:03] {Threei} Fed purchases par value $1.2B in agency securities; $2B submitted (related FNM FRE )

[14:05] {vinod} nemo-if I am not watching market than no president on TV that is the rule

[14:06] {Threei} but you are here now... nd he is not on still

[14:06] {nemo} Oh, reminds me of one of those unwritten/unspoken "relationship" rules I was always unknowingly guilty of breaking

[14:06] {vinod} I forgot inform him?

[14:07] {Threei} please do, you ruin his schedule

[14:07] {Threei} and we feel a hole in our day

[14:08] {vinod} I am sure he will be on TV tomorrow

[14:09] {Threei} almost 2 hours of trading day still

[14:09] {vinod} so,we go in for AGEN for one night stand?

[14:10] {Threei} possibly, if finishes around here

[14:10] {Threei} and AAPY if breaks .75

[14:10] {vinod} ty

[14:11] {vinod} o.k

[14:11] {Threei} lemme repost

[14:11] {Threei} [12:37] {Alert} Threei APPY Hearing Lazard making positive comments (2.74, 0.21, 8.30%)

[14:11] {Threei} [12:37] {Alert} Threei wow

[14:11] {Threei} [12:37] {Alert} Threei not every day big name makes comments about $2 stock

[14:11] {Threei} [12:37] {Alert} Threei daily looks brewaky too

[14:11] {Threei} [12:37] {Alert} Threei .75 break is a swing trade trigger

[14:12] {Threei} [12:38] {Alert} Threei for daytraders stop under .65

[14:12] {Threei} [12:38] {Alert} Threei for swing trade under .40

[14:12] {Threei} [12:38] {Alert} Threei first target somewhere above 3

[14:12] {dino} oyog

[14:15] {Threei} what's with this idiot on BATS in AGEN quotes?

[14:16] {Threei} GEOY Receives Govt contracts worth $25M (22.83, -0.03, -0.13%)

[14:18] {ese} zzzzzzzzz....garg smouuff...cough......head snap back.......ggggg ahem.....zzzzzzzzzzzzzzzzzzzz

[14:22] {Threei} hey!!!

[14:22] {Threei} vinod, you did it

[14:22] {nemo} tv

[14:22] {Threei} our day is complete now

[14:22] {Threei} no more gapping hole in our hearts and minds

[14:23] {vinod} In agen 2.00. no more hole now lets make some money

[14:31] {Threei} AMZN Ends Business With Hawaii Affiliates (83.00, -0.03, -0.04%)

[14:32] {Threei} if this continues, what amazin will do when it runs out of states to cut?

[14:32] {nemo} It's like cutting your sales force when all your accounts are established...shouldn't make much difference

[14:34] {Threei} well, is amazon willing to kill afifliates program altogether?

[14:35] {nemo} probably...it's a commission...they'll just scenario the cost of tax compliance for various jurisdictions + the commissions they would have to pay out, against the sales they might lose

[14:35] {Threei} there... you are making money vinod

[14:35] {level777} nvax not giving up

[14:36] {Threei} I underatad their reasoning... I just can't understand how states don't see that they make things worse for everyone

[14:37] {nemo} politicians are neither business persons, nor do they understand microeconomics

[14:37] {nemo} you've listened to the morons on the House Banking Committee

[14:37] {Threei} seemsa to be just common sense

[14:37] {vinod} Vad. Yes since I joined here. but my gols is very small and i use vey small size and fewer trade

[14:38] {Threei} good to hear

[14:38] {Threei} they add up

[14:38] {Threei} couple millions here, couple millions there... ptretty soon we are talking real money

[14:38] {vinod} I just wants to make 300 to 500/wk

[14:40] {BillyD} Vad, u already enter AGEN

[14:40] {vinod} I got 2k AGEN

[14:40] {Threei} I have couple thou from .96

[14:41] {vinod} I got to go home. see you tomorrow

[14:41] {BillyD} thx

[14:41] {BillyD} cya vinod

[14:41] {Threei} not sure what to do with them... dump for a scalp and wait, add more and wait, or just wait

[14:41] {Threei} I did this scalp earlier couple times

[14:42] {Threei} but as we near end of day, it feels like I may not get another chance

[14:44] {dino} l8r vin

[14:46] {BillyD} PALM goes

[14:47] {Threei} 52 week high

[14:48] {nemo} mags

06[14:56] * magoo slaps laserdave around a bit with a large trout

[14:56] {nemo} took you long enuf

[14:56] {Threei} lol

[14:57] {magoo} i was dreaming that nemo wanted me to do something.woke up...pow

[14:58] {Threei} this is so disturbing

[14:58] {Threei} nemo appears in your dreams?

[14:58] {Threei} sigh

[14:59] {ese} indexes green maybe ????? hmmmmmm

[14:59] {jfjf64} ese ya drinkin

[14:59] {nemo} drugs

[15:00] {Threei} US Treasury Sec Geithner to testify July 10 to the US House with regards to OTC derivatives (related CALDR ICE ISE LSE.UK CME )

[15:00] {ese} ahhhh let me check......naw....just water with lemon

[15:00] {Threei} {lemon} oh yeah?? and who did soak me in vodka for an hour before squezing me into water??

[15:01] {jfjf64} im a water lemon type of guy also what bout ya vad

[15:01] {jfjf64} guess got answer lol

[15:01] {Threei} just water... and chewing coffee beans

[15:02] {ese} the way intel is moving here ....was thinkin it might be an outside shot

[15:02] {jfjf64} lk it at .44

[15:03] {jfjf64} did ya lk short or long ese

[15:05] {ese} long...i'm still long a crap load of intel from .30 last week

[15:05] {ese} it's bouncing off .30 anyway

[15:06] {jfjf64} lkin wfc bounce

[15:06] {ese} dino warned me not to swing trade it but i'm giving it a shot....will be out by thurs fri for sure

[15:08] {ese} i'd have done better scalping it.......but i don't want to mix syles......whatever ya start with....ya need to finish with

[15:09] {dino} you'll be ok es

[15:09] {dino} you know what your doing

[15:09] {ese} other thing is....it keeps trying to break above 16.70....this is the fourth shot....one thing i do remember about my swing tradindays is.....if it does break through....it'll go like hell

[15:10] {dino} hammer theory

[15:10] {ese} indeed

[15:10] {ese} higher lows keep pushing it up against .70 to .75 area

[15:11] {jfjf64} what ya watchin

[15:11] {dino} hammer to ice, more whacks greater chance of breaking through

[15:12] {dino} still in deck, snda

[15:12] {dino} liking qcom

[15:13] {ese} INTC jf

[15:13] {ese} or was that question for dino

[15:14] {jfjf64} ya ese

[15:14] {dino} thought it was to all

[15:16] {dino} schn ranging between 52.60-53.60

[15:17] {nemo} c u 2morow

[15:17] {ese} cya nemo

[15:18] {dino} cya nemo

[15:18] {fernp} bye nemo

[15:18] {Threei} take care nemo

[15:19] {Threei} APPY doesn't want to set up

[15:19] {ese} you still thinkin agen overnight vad?

[15:20] {ese} was is it AGEN?

[15:21] {Threei} yeah

[15:21] {Threei} only if finishes around 2

[15:22] {Threei} White House economic advisor Goolsbee: housing boom will not return - CNBC interview from the Aspen Ideas Conf

[15:22] {dino} never say never

[15:23] {jfjf64} .48 long intel

[15:23] {ese} old saying......they aren't making anymore land

[15:24] {jfjf64} .40 stop

[15:24] {BillyD} real estate just gonna take time

[15:25] {jfjf64} common on buyers sale here

[15:25] {ese} yup

[15:25] {ese} or it may switch focus.........condos downtown in most major cities

[15:26] {jfjf64} print a .52 we gone

[15:26] {ese} people are really getting tired of the comute thing

[15:26] {cosmo} tent parks will be hot

[15:26] {BillyD} it's all supply/demand right now ese

[15:26] {cosmo} esp for retirees

[15:27] {dino} it will come back

[15:27] {dino} population continues to grow

[15:27] {jfjf64} gimme a .52

[15:27] {dino} everything goes in cycles, real estate, stocks, bonds, weather, etc. imo

[15:28] {BillyD} true dino, this cycle gonna be a little longer imo

[15:28] {Threei} except stupidity... that one seems costant

[15:28] {dino} most likely

[15:30] {jfjf64} .53 comon dino

[15:31] {jfjf64} that nice

[15:31] {jfjf64} lotta green

[15:34] {ese} indexes takin a shot at being green

[15:38] {jfjf64} 1/1 intc

[15:39] {jfjf64} stop to.53

[15:39] {dino} gj

[15:40] {Threei} CFTC rep Chilton: Trying to find signs of 'excessive' speculation in commodity markets; paying close attention to oil due to recent increase in prices

[15:40] {Threei} - Comments that 'something is going on', and that the CFTC's job is to ensure nothing happening is illegal

[15:40] {Threei} this is so pathetic

[15:40] {dino} out snda .15, +.40

[15:41] {BillyD} Vad, that statement is for the guy who reads the newspaper

[15:41] {dino} bunch of whiners in charge of everything

[15:41] {dino} bunch of whiners in charge of everything

[15:42] {fernp} have to go. see u all tomorrow. good evening

[15:42] {Threei} take care fern

[15:42] {dino} cya fern

[15:42] {Threei} where is America I knew and admired

[15:43] {Threei} this is frikin jellyfish

[15:44] {dino} died w/election

[15:44] {dino} needed to split house/senate/pres.

[15:45] {BillyD} Vad, u thinking AGEn for gap?

[15:46] {Threei} really want it to cross 2

[15:46] {BillyD} more selling than you want

[15:47] {Threei} not really, it has a lot of both at each levele as all thick stocks do

[15:47] {Threei} just want it to finish over this resistance

[15:47] {Threei} see it on daily

[15:47] {BillyD} yes

[15:48] {dino} deck out .65, +.40

[15:48] {dino} calling it a day, pos. but light. toughie imo

[15:49] {Threei} you can't leave dino

[15:49] {Threei} we have 11 more minutes of suffering

[15:49] {Threei} suffer with us

[15:49] {ese} nice dino....great way to finish the day

[15:51] {Threei} L7

[15:51] {Threei} TSRT shows signs of life again

[15:51] {Threei} TSTR

[15:51] {dino} ty es

[15:51] {dino} later all

[15:51] {Threei} awww... come on dino

[15:51] {Threei} 9 minutes

[15:51] {ese} end of the day sell program hits intc

[15:52] {Threei} NDAQ CEO notes there are about 100 companies that have filed plans to go public on the Nasdaq - CNBC interview (114.90, -3.46, -2.92%)

[15:53] {level777} u guys in anything?

[15:54] {Threei} contemplating AGEN

[15:56] {ese} intc at .30 L7

[15:56] {ese} and fitb .00

[15:57] {Threei} AGEN says good to go

[15:58] {Threei} APPY, will observe tomorrow

[15:58] {level777} u in agen?

[15:59] {Threei} yes

[16:00] {Threei} okay guys, thank you all

[16:00] {Threei} wow

[16:00] {Threei} what happened?

[16:00] {Threei} AGEN sharp spike

[16:00] {Threei} new high right on the close

[16:00] {Threei} nice volume too

[16:01] {Threei} okay, I'll take it

[16:01] {Threei} have a good evening

[16:01] {Threei} see you tomorrow

[16:01] {BillyD} cya Vad

[16:01] {Alw} ty

[16:01] {ese} take care all

[16:01] {level777} maybe plays tonight

[16:01] {magoo} yup..ty all

Jun 29 2009

Narrow, slow and boring. The only bright ray of the day was SLM trade which we early identified as good for more than scalp, and utilized for over 30 cents move. Other than that, couple scalps, couple stops and a nice nap.

Session Time: Mon Jun 29 00:00:00 2009

[08:09] {Threei} CSIQ Announces 120MW of Recent Sales Orders

[08:09] {Threei} - Has received a purchase order from Systaic AG (SYSCF) for 30 MW of solar modules to be delivered t... (12.41, 0.00, 0.00%) more...

[08:15] {Threei} DCGN Discovers a Gene Linked to Risk of Kidney Stones and Osteoporosis (0.45, 0.00, 0.00%)

[08:18] {KSystems} morning

[08:18] {Threei} KS :)

[08:18] {nemo} haroo...I miss anything?

[08:18] {Threei} nope

[08:28] {Threei} I am yet to understand how this fluffy news move DCGN

[08:30] {Threei} CYTR Reports Favorable Progress Update for Its Pivotal Phase 2 Clinical Trial with Tamibarotene as a Third-line Treatment for Acute Promyelocytic Leukemia (0.90, 0.00, 0.00%)

[08:31] {Threei} some poor soul hit 1.85

[08:31] {level777} +100% on 2k

[08:33] {Threei} said Steven A. Kriegsman, CytRx President and CEO. We are aggressively working to achieve our goal of completing this trial by the end of the current year, which may include acceleration of the trial through a negotiation with the FDA regarding the total number of patients ultimately enrolled, and filing an NDA submission with the FDA in 2011.

[08:33] {Threei} lol

[08:35] {ese} good morning

[08:35] {Threei} ese :)

[08:35] {ese} how was your weekend Vad.....did you take in any of the jazz festival?

[08:36] {Threei} no, didn't get around to that

[08:38] {ese} i caught about 5 shows....3 free ones sat and sun in centenial square then David Sanborn sat night at the royal and King Sunny Ade from Nigeria in Centenial Square in the evening

[08:38] {Threei} cool :)

[08:39] {ese} King Sunny Ade was terrific...5 percussionists...3 of them with differnt size Talking Drums....very Rhythmic

[08:39] {fernp} good morning everybody

[08:40] {Threei} fern :)

[08:40] {ese} fern

[08:52] {BillyD} good morning

[08:52] {nemo} gm

[08:52] {Threei} Billy :)

[08:53] {ese} billy d

[08:54] {ese} say.....wait a minute......didn't you star beside Dina Ross in Mahogany....life of a model superstar?

[08:54] {BillyD} lol...that was me...hehe

[08:55] {nemo} how's your jeri-curl

[08:55] {level777} SVA interesting, decent news

[08:56] {ese} what is a panflu though L7?

[08:57] {ese} ok ok ok......pandemic drug

[08:57] {ese} got it

[08:57] {Threei} Sinovac Biotech Receives Revised Approvals for Panflu

[08:57] {Threei} - Received a revised Drug Supplementary Application Approval for Panflu, Sinovac''s pandemic influenza vaccine from the China State Food and Drug Administration (SFDA), based on the Phase IIb clinical trial,

[08:57] {Threei} - Under the revised approval, the age group eligible for use of the whole viron inactivated pandemic influenza vaccine was expanded to 18 years old and over, whereas it was previously 18 to 60 years of age, enabling Sinovac to reach a much broader percentage of the population.

[09:00] {Threei} MDT FDA Grants LUCAS 2 Chest Compression System 510(k) Clearance in the United States (34.97, 0.00, 0.00%)

[09:01] {BillyD} anything stick out so far Vad

[09:01] {Threei} SVA... CSIQ... ummm, DCGN (shrug)

[09:03] {ese} speaking of chest compression........a radio announcer friend of mine here in Victoria has a pace maker.....he was doing announcements sat at the jazz festival here and when he stood beside the power amps for the sound system all the electricity re-calibrated his pacemaker and sent his heart thumping

[09:04] {BillyD} wow

[09:04] {magoo} morning

[09:05] {nemo} were there wireless setups ese?

[09:05] {Threei} magoo :)

[09:05] {ese} no ....not that i could see

[09:07] {level777} in SVa .30

[09:09] {nemo} where's your stop L7?

[09:12] {dino} gm all

[09:12] {ese} dino

[09:13] {Threei} dino :)

[09:13] {ese} kenny Perry at the Travellers yesterday dino......having the best year of his life on the [ga tours

[09:13] {ese} pga

[09:14] {nemo} that's a good one

[09:14] {dptl} good morning all

[09:14] {Threei} dp :)

[09:14] {ese} dp

[09:15] {dino} cool es

[09:18] {jfjf64} mornin

[09:18] {ese} jf

[09:19] {Threei} jf :)

[09:21] {Threei} Madoff sentencing today

[09:21] {Threei} market is holding its breath I suppose

[09:24] {ese} stripped of everything....couldn't happen to a nicer guy!!!!!

[09:27] {Threei} DRYS is trying to move

[09:27] {nemo} apol reports today Dino

[09:28] {vinod} GM to all

[09:28] {Threei} vinod :)

[09:29] {ese} just watching that vad

[09:31] {Threei} GNBT Sees Favorable Results From MetControl Chewing Gum Bio-equivalency Study Leading to Global Product Submissions (0.62, 0.02, 3.33%)

[09:31] {level777} gnbt

[09:31] {Threei} for you L7

[09:31] {level777} TX

[09:32] {jfjf64} ung .51 entry here

[09:33] {ese} L Q's .50

[09:33] {Threei} IMAX... hits 52 week highs for some reason

[09:33] {wulff} morning...

[09:33] {Threei} wulff :)

[09:37] {Threei} WFC

[09:37] {Threei} .78 long if holding .70

[09:38] {magoo} in

[09:38] {nemo} in

[09:38] {jfjf64} in

[09:39] {nemo} out

[09:39] {Threei} no go

[09:42] {magoo} sheesh BAC

[09:43] {Threei} Long Setup: SLM .90 break

[09:43] {dino} ipcm

[09:43] {Threei} if holding above .80

[09:44] {magoo} in

[09:44] {Threei} not a scalp for me

[09:45] {ese} out q's .40 -.10

[09:45] {nemo} in .92

[09:46] {level777} 3i, u holding SLM for the day?

[09:46] {Threei} I don't think in terms of time... rather in terms of price

[09:46] {nemo} weird price action slm

[09:47] {Threei} offering half into jump over 10

[09:47] {Threei} 10.05

[09:47] {Threei} 1:1

[09:47] {fernp} out TY

[09:47] {Threei} :)

[09:47] {Threei} half out

[09:47] {Threei} offering 1/4 1.12

[09:48] {Threei} stop just under b/e

[09:49] {Threei} 1/4 more outmarket is disgustingly weak

[09:50] {Threei} ok, last 1.4 stop 9.95

[09:50] {Threei} no lose territory

[09:50] {Threei} offering .25

[09:51] {magoo} .24 lol

[09:53] {Threei} going to be stingy and trail stop to .99

[09:54] {Threei} and if I get shaken out by couple cents, let it be a lesson to all greedy souls out there

[09:54] {jfjf64} .26 l hpq

[09:56] {Threei} move little SLM, move

[09:56] {Threei} say what?

[09:57] {ese} are you in jf

[09:57] {jfjf64} not yet

[09:57] {jfjf64} little market help

[09:57] {Threei} never broke .25 still

[09:58] {Threei} there

[09:58] {ese} l hpq .27

[09:58] {Threei} yessss

[09:58] {Threei} out last part SLM .25

[09:58] {magoo} out .27 in full TY

[09:58] {Threei} +.33

[09:58] {jfjf64} nice

[09:58] {Threei} told ya was good for more than scalp

[09:58] {Threei} nice setup HPQ

[10:00] {Threei} don't sdo it to us SLM

[10:00] {magoo} i know

[10:00] {magoo} watching it

[10:00] {magoo} gonna go .80 area

[10:00] {Threei} if you go to 11 magoo will strangle me

[10:01] {magoo} looking for piano wire as u type :)

[10:01] {Threei} great... garotta trading

[10:01] {dino} sm l pnra .75

[10:02] {ese} hpq stop to .20

[10:02] {Threei} where is that guy who called SLM exit too soon? - he sleeps with fishes...

[10:02] {magoo} might be worth a reentry somewhere

[10:03] {Threei} next spike should taake HPQ into 1:1

[10:03] {ese} out hpq .35 +.08

[10:03] {ese} tks jf

[10:07] {Threei} if anyone held SLM longer good for you, but you are on your own... I held it way longer than I usually would with market dropping through all the supports with such ease

[10:07] {ese} gettin close to FITB entrys.....

[10:07] {vinod} 0ut SLM .40 thanks

[10:08] {Threei} GNBT Sees Favorable Results From MetControl Chewing Gum Bio-equivalency Study Leading to Global Product Submissions (0.62, 0.02, 3.33%)

[10:08] {Threei} welcome vinod

[10:10] {vinod} see you after 13.30 thanks for SLM

[10:10] {Threei} we will be here

[10:10] {Threei} SLM... graviity probably exists

[10:11] {dino} risky, sm l uthr .84

[10:12] {jfjf64} got knocked off server

[10:13] {Threei} FITB... you were right ese

[10:14] {dino} sorry jf, tripped on plug

[10:14] {jfjf64} lol

[10:14] {Threei} lol

[10:14] {nemo} tripped? right...

[10:15] {dino} y

[10:15] {jfjf64} vad gotta pay his server bill

[10:15] {Threei} dino is tippy today... first he tripped on market plug, and you can see wha happened... then he disconnected jf...

[10:16] {Threei} ekskuze me jf... it's not me who got disconnectted, right?? :)

[10:16] {jfjf64} i guess ya right

[10:16] {jfjf64} lol

[10:16] {Threei} :)

[10:16] {dino} too many chicken wings

[10:17] {jfjf64} vadd tk look ung any read there

[10:19] {ese} L fitb .94

[10:19] {dino} uthr to .44

[10:20] {Threei} not really jf

[10:20] {level777} tasr news?

[10:20] {Threei} TASR Hearing recent strength attributed to positive chatter involving sales licence for civil applications (4.68, -0.05, -1.06%)

[10:21] {Threei} right this minute

[10:21] {dino} out untr .47, +.63

[10:21] {jfjf64} nice dino

[10:22] {dino} ty

[10:23] {dino} ipcm double bottom in making perhaps

[10:23] {dino} kirk spikes 2nd day in row

[10:24] {magoo} tasr..a blast from past

[10:25] {level777} tasr . one of the all time traders

[10:26] {BillyD} Vad, LPSN low vol...any thoughts on break

[10:27] {BillyD} chart not the best

[10:27] {dino} ipcm sm l .98

[10:28] {Threei} can't twll Billy...

[10:29] {Threei} one pf those that can spike big or drop big in a blink of eye

[10:29] {Threei} and all thopse bids on Level 2 may disappear in a second

[10:30] {BillyD} lure of easy money.....hehe

[10:31] {jfjf64} .51 l ung

[10:32] {dino} cern

[10:36] {Threei} WFC was so tempting near .60 for double bottom

[10:37] {Threei} I resisted temptation

[10:37] {Threei} too bad, lol

[10:37] {jfjf64} hmmm

[10:38] {wulff} took .70

[10:38] {wulff} half left

[10:38] {Threei} on the way back up?

[10:38] {magoo} make the calls and keep the stops vad

[10:38] {wulff} yes

[10:38] {Threei} good one

[10:38] {wulff} uh huh

[10:39] {Threei} market was so soft at the time mags

[10:39] {Threei} that's what kept me from entry

[10:39] {wulff} based at 10:00 while the market fell

[10:39] {magoo} magoo faints

[10:46] {wulff} new high WFC

[10:47] {level777} gnbt at highs..

[10:48] {wulff} I'm high

[10:48] {magoo} RIMM vad

[10:49] {Threei} weak...

[10:49] {Threei} short if anything

[10:53] {magoo} i like it for bounce..way off i guess is my read

[10:53] {level777} SLM life

[10:54] {Threei} if market breaks out, RIMM is likely to bounce

[10:54] {Threei} otherwise, it's a short

[10:54] {jfjf64} watchin it 777

[10:56] {magoo} WFC ..always makes us regrett

[10:57] {wulff} yeah, new high

[10:58] {wulff} PALM double bottom

[11:02] {BillyD} FUQI has a little mojo

[11:02] {magoo} WFC may be good short if IF mkts pllbk

[11:02] {Threei} I still view RIMM as best candidate for that

[11:02] {magoo} ok

[11:03] {jfjf64} lkd that fuqi at .42 o well

[11:03] {magoo} no argument here

[11:03] {Threei} and PALM

[11:03] {Threei} .60 short

[11:04] {jfjf64} palm a call vad

[11:04] {Threei} (US) Pres Obama: Expect Climate Change Bill is expected to pass US Senate

[11:04] {dino} sm s kirk .69

[11:05] {Threei} unavailable

[11:05] {Threei} grrr

[11:05] {magoo} jesus...industry is crippled already..lets kick um

[11:06] {BillyD} amazing when no PALM shorts

[11:06] {Threei} and consumer on whome all that is going to be passed is insanely rich and willng to pay all the rising costs

[11:07] {Threei} RIMM

[11:07] {Threei} shoprt into this bounce

[11:07] {magoo} cant sh palm

[11:07] {Threei} stop .25 or so

[11:10] {BillyD} Vad, RIMM tgt is scalp or partial

[11:11] {Threei} I'll partial but it's fairly individual choice in this case

[11:11] {Threei} hard to judge

[11:11] {BillyD} ty

[11:11] {Threei} market consolidates near the high

[11:11] {Threei} and can stage another jump easily

[11:12] {jfjf64} .51 ung l will try 3rd time

[11:15] {magoo} may still be end qtr mark-up games vad

[11:17] {Threei} (US) Reportedly US Trade Panel has recommended additional duty on Chinese tire imports for period of 3 years

[11:17] {Threei} - Reminder: On June 18 -US trade panel (ITC) rules Chinese imports in tire market are hurting US industry; ITC votes 4-2

[11:17] {Threei} - ITC will recommend a level of tariffs or quotas that should be applied to Chinese imports

[11:17] {Threei} trade war

[11:18] {Threei} Recommends duty of 55% in year 1, 45% in year 2 and 35% in year 3 of duty

[11:21] {jfjf64} look hpq

[11:22] {wulff} WFC new...

[11:23] {Threei} Short Setup: MNTA .90 if stays under 12

[11:29] {jfjf64} wow hpq

[11:34] {BillyD} Vad, you get MNTA shares

[11:34] {Threei} yes

[11:34] {dino} zzzzzzzzzzzzzzzzzzzzzz

[11:34] {BillyD} where at

[11:34] {Threei} .92 mostly

[11:35] {BillyD} ok...

[11:35] {Threei} half covered .79

[11:37] {Threei} believe it or not, ARUN is back at it again

[11:38] {BillyD} everyday it seems

[11:38] {magoo} sh rimm .41

[11:41] {Threei} US Judge sentences Madoff to 150 years; maximum allowable.

[11:42] {nemo} I hope they put him in general population

[11:43] {Threei} FUQI... s'heesh

[11:44] {Threei} you don't want to hear me pronoucing that symbol

[11:44] {magoo} covered here .09..thats like, um, ewr, 40 cents

[11:44] {Threei} 1/4 more out MNTA

[11:44] {BillyD} nice magoo

[11:45] {BillyD} oh, and u 2 vad

[11:45] {magoo} prolly go loewre, but im scalpin

[11:45] {Threei} wow, nice drop RIMM

[11:46] {magoo} [11:39] {magoo} sh rimm .41

[11:51] {dino} pnra to .15

[11:53] {nemo} pnra to what?

[11:54] {nemo} nevermind, chart was back a few

[11:55] {Threei} VIX index reaches lowest level since before Lehman Brothers collapse

[11:55] {Threei} now trades a 25.65

[11:57] {Threei} MNTA stop to .81, and with any nw low will trail to .76

[12:02] {Threei} GE Obama administration has reportedly set new rules on efficiency for fluorescent and indandescent lights - unconfirmed report (

[12:04] {BillyD} KONG

[12:04] {Threei} yeah

[12:04] {Threei} another blast from the past

[12:05] {dino} ipcm stopped .74, -.24

[12:06] {Threei} OSTK Sales grew more than 3% (12.50, 0.39, 3.22%)

[12:07] {dino} pnra stopped .25, +.50

[12:07] {Threei} Billy Mays... what a week

[12:08] {Threei} extremely annoying voice, but sheesh

[12:08] {nemo} he was good though

[12:08] {Threei} out MNTA last portion

[12:08] {Threei} I guess

[12:17] {dino} esi sm l .97

[12:22] {nemo} rimm setting up for a short?

[12:22] {Threei} yes but under usual condition

[12:23] {nemo} expound please...

[12:23] {Threei} market...

[12:23] {ese} nah nah nah.....i'm watchin....still long intc avg .35 now

[12:23] {nemo} hey hey hey gooooood bye

[12:25] {ese} still long fitb as well at .94

[12:47] {Threei} yawn

[12:55] {dino} ditto

[13:05] {magoo} was out..we in anything

[13:05] {Threei} resounding no

[13:06] {magoo} besides recurring coma

[13:06] {nemo} wrong answer...coma

[13:06] {wulff} stop yawning, you are interupting my sleep

[13:06] {Threei} I am trying to diversify nemo

[13:06] {Threei} lol wulff

[13:10] {magoo} so im confused..we in comas or what

[13:11] {Threei} DOE to reportedly fast track solar energy on US land (related TAN FAN USO )

[13:11] {jfjf64} been gone while doesnt looked lk i missed anythin

[13:11] {Threei} how does USO spike on that?

[13:12] {Threei} F Exec: Auto sales could reach 10M unit pace in June (24.67, 1.10, 4.67%)

[13:12] {magoo} mkts open friday?

[13:12] {Threei} no

[13:12] {Threei} want to know who is coming on TV?

[13:13] {magoo} jerry springer

[13:13] {BillyD} yes, when is the LOST season premiere

[13:13] {jfjf64} slm

[13:14] {vinod} you guys are making lots of money?

[13:16] {jfjf64} .37 l slm

[13:16] {Threei} we are making a lot of snoring noise

[13:16] {BillyD} jf...where is your stop on SLM

[13:17] {jfjf64} tight 5 cents

[13:17] {vinod} it is summer time is the reason

[13:17] {jfjf64} no entry yet

[13:17] {BillyD} micro range....

[13:17] {Threei} plus short week, vinod

[13:18] {vinod} I made one trade SLM made $200 is ood enough for me

[13:18] {Threei} and to be fair, this situation would probably causde pause in market activity at any season

[13:18] {Threei} I mean, big rally,

[13:18] {Threei} running inti resistance,

[13:18] {Threei} very obvious "time for pullback",

[13:18] {Threei} market doing its best to go against the "very obvious"

[13:24] {wulff} Wife was carrying her iphone last night

[13:24] {wulff} and Obama start talking out of nowhere

[13:24] {wulff} some spam goverment sent.

[13:25] {wulff} STRANGE...freaked us out

[13:27] {Threei} you serious?

[13:29] {wulff} yes

[13:32] {ese} Hey everyone....have to leave you all until tomorow.....or maybe a little later on...cya

[13:32] {Threei} taje care ese

[13:32] {BillyD} bye ese

[13:32] {ese} cya guys

[13:33] {dptl} have a good evening all

[13:33] {dino} cya

[13:33] {Threei} what evening? it's 10:30 am

[13:33] {jfjf64} later

[13:33] {Threei} dp... stop drinking so early

[13:33] {Threei} or so late

[13:34] {dptl} lol

06[13:34] * Threei slaps dptl around a bit with a large wrist watch

[13:34] {dptl} :) see ya tomorrow all

[13:34] {nemo} rimm vad

[13:35] {Threei} sliding slowly with market...

[13:35] {Threei} no play really

[13:35] {nemo} looks like db

[13:35] {Threei} F interesting strength

[13:35] {jfjf64} trw

[13:36] {Threei} Exec: June auto sales have fallen by as little as 10%; less than 20%; Auto sales could reach 10M unit pace in June; market share higher y/y at approx 13.5%

[13:36] {Threei} - Note: the Ford sales analyst on 5/29 noted that the sale rate could approach 10M;

[13:37] {dino} last try ipcm l .03

[13:54] {Threei} AVNR is one of those irritating all day every day climbers

[14:03] {magoo} mkts gonna rot or reverse vad

[14:03] {Threei} for sure

[14:03] {magoo} ty

[14:03] {nemo} runnin' for office vad?

[14:03] {Threei} AMZN Reportedly cuts off affiliates in Rhode Island (21.06, 0.42, 2.03%)

[14:03] {Threei} huh?

[14:03] {Threei} what did Rhode island do to amazon?

[14:04] {nemo} sales tax issue

[14:04] {Threei} - Note: Earlier AMZN disclosed it had cut off affiliates in California and North Carolina due to sales tax bills on e-commerce

[14:04] {Threei} got it

[14:05] {Threei} what does amazon do if whole country goes that way?

[14:05] {nemo} They were giving commissions to affiliates on click through purchases

[14:05] {Threei} right

[14:06] {nemo} If the affiliate was in Rhode Island, and the end customer clicked through the affiliates website to Amazon, the affiliate got a piece of the action. Well, states have deemed amazon to be a distributor, and the affiliate to be the retail outlet, and they want their sales tax.

[14:07] {nemo} Amazon doesn't want to code their system to negotiate the fragmented sales tax regimes across the country

[14:08] {Threei} so, one thing I want to know abut Madoff case

[14:09] {Threei} he goes to jail, fine... what about SEC??

[14:09] {Threei} no one gets punished?

[14:10] {dino} correct. all these regulators and rules that were never enforced

[14:10] {magoo} i hear they are blaming martha stewart]

[14:11] {level777} How about when they fine co's millions for wrongdoing...% should go to investors that were the ictum of it...but..

[14:12] {level777} victim

[14:12] {dino} usually goes to govt and atty

[14:14] {jfjf64} trw l.37

[14:20] {vinod} Vad Abolish SEC; let investor know that everything goes here.

[14:22] {dino} ipcm stop to .23

[14:23] {dino} out ave .21, +.18

[14:33] {wulff} aapl seems ready to pop...maybe

[14:35] {dino} ghm l .42

[14:44] {magoo} hey vad..since its so slow..u offering a summer months room discount lol

[14:45] {Threei} yup... doubles mothly payment just by 50% instead of planned double

[14:45] {Threei} umm... let me try again

[14:45] {Threei} yup... increases monthly payment just by 50% instead of planned double

[14:46] {Threei} there...

[14:50] {vinod} buy one get one free likw WALMART

[14:50] {Threei} walmart model is not too good for America... so I came up with another:

[14:50] {Threei} Buy one, buy second for double price

[14:51] {Threei} this way you get whole two items for the price of merely three

[14:51] {nemo} yep...he's running for office

[14:54] {vinod} sound like politician in MA

[14:55] {nemo} As Deval get's set to sign the tax increases

[14:55] {vinod} and he said it is best thing for people in MA

[14:56] {nemo} you been following that Globe guy's articles on pension abuses....geez

[14:56] {vinod} ye, i do follow in very detail

[14:57] {dino} qcom sm l .00

[15:12] {Threei} Long Setup: AGII .40 break in stays above .30

[15:16] {Threei} DELL WSJ: Company developing a pocket sized internet device

[15:16] {Threei} - Dell device slightly larger than i-pod touch and utilizes Google Android software (13.87, 0.19, 1.39%) (related GOOG )

[15:28] {level777} what an exciting day

[15:28] {nemo} gotta' get out more L&

[15:29] {nemo} L7

[15:29] {dino} ghm out ave .54, +.12

[15:29] {Threei} I may have to hire a clown next Monday

[15:30] {nemo} sticking your chin out there Vad....

[15:30] {Threei} not really, trout is unholstered

[15:30] {magoo} trout????

[15:30] {Threei} uh oh

06[15:31] * nemo slaps magoo around a bit with a large trout

06[15:31] * magoo slaps Threei around a bit with a large trout

[15:31] {Threei} unleashing the monster

06[15:31] * magoo slaps BillyD around a bit with a large trout

06[15:31] * magoo slaps jfjf64 around a bit with a large trout

06[15:31] * magoo slaps nemo around a bit with a large trout

06[15:31] * nemo crawls into cave....closes door...pulls blanket over head

[15:32] {nemo} this trading range is tighter than a vir....nevermind

[15:33] {level777} eyeballin cdii

[15:33] {dino} lol

[15:35] {dino} kirk stopped -.31

[15:46] {Threei} AIG today is unusually perky... whole 12 cents range

[15:49] {Threei} wow

[15:50] {Threei} maybe let's short it?

[15:52] {Threei} feel free to scratch AGII

[15:52] {dino} qcom stopped .95 -.05

[15:53] {vinod} have a nice evening will bother vad tomorrow

[15:54] {Threei} sure

[15:54] {Threei} feel free :)

[15:54] {Threei} I am botherable

[15:58] {Threei} okay guys

[15:58] {Threei} thank you all

[15:58] {Threei} have a great evening

[15:58] {Threei} see you tomorrow

[15:58] {BillyD} ty

06[15:58] * magoo slaps Threei around a bit with a large trout

[15:58] {dino} done here too, thx all

[15:58] {Threei} sigh

[15:59] {Threei} last abuse befor leaving for the night

[15:59] {fernp} good evening all

06[15:59] * Threei slaps magoo around a bit with a large list of abuses he had to endure

[15:59] {magoo} that i had to endure?

[16:00] {Threei} he = threei

[16:01] {Threei} APOL

[16:01] {Threei} APOL Reports Q3 $1.26 v $1.12e, R$1.05B v $1.03Be

[16:01] {Threei} - Q3 New Student starts % y/y (65.99, -2.51, -3.66%) (related COCO CECO ESI DV STRA SLVN )

[16:01] {Threei} Q3 New Student starts +23% y/y

[16:02] {Threei} good thing APOL didn't miss, would have been at 30 by now

Jun 26 2009

Very narrow day with few opportunities. Thankfully we got our winning plays on PALM and TIBX early on.

Session Time: Fri Jun 26 00:00:01 2009

[08:01] {BillyD} good morning

[08:03] {nemo} mornink

[08:11] {Threei} Good morning

[08:11] {BillyD} vad

[08:13] {Threei} General Motors Corp Update: China's NDRC to likely reject Tengzhong's bid to buy Hummer brand - State radio

[08:13] {Threei} - The planner, the National Development and Reform Commission (NDRC), is worried that Sichuan Tengzhong Heavy Industrial Machinery, which makes special-use vehicles and highway components, does not have the experience and resources to run the Hummer business, the report said.

[08:13] {Threei} - Besides, Hummer, as an expensive, gas-guzzling sports utility vehicle, would not fit in with the government's policy of encouraging energy-efficient vehicles, the radio said.

[08:13] {Threei} there... that's where we are headed

[08:14] {Threei} government telling busnesses what to produce and what not

[08:14] {BillyD} China's way of life

[08:15] {BillyD} Vad, have you bought a new PC in last couple of years

[08:18] {Threei} it was custom built... why?

[08:19] {BillyD} wanted to see if you notice performance difference, thinking about upgrading here

[08:19] {BillyD} mine is 6 yrs old

[08:19] {BillyD} I think I need a better processor

[08:19] {Threei} what's processor speed and RAM?

[08:20] {BillyD} 2.4 mhz w/ 1GB

[08:20] {nemo} graphics capabilities?

[08:20] {Threei} doesn't sound inadequate for trading purposes to me

[08:20] {BillyD} 1 agp w/dual 64MB each & a third PCI card 8MB

[08:21] {BillyD} quotes will freeze when heavy volume comes in at times

[08:21] {nemo} that pci I card stretched a bit?

[08:21] {Threei} mine is more powerful but I do a lot of photoediting

[08:21] {Threei} pci card sounds a bit low, yeah

[08:21] {nemo} BillyD, do you know what the Buss speed is

[08:22] {BillyD} yes on pci card, a PC guy told me that it was more of different drivers causing problems verses the *MB card

[08:22] {BillyD} no nemo, but my RAM is DDR 2700

[08:22] {nemo} Well, that would also be affected by the size of monitor you're running

[08:22] {nemo} That's a fairly slow buss speed

[08:23] {BillyD} have 3 19" monitors

[08:23] {BillyD} yes to slow on buss speed

[08:23] {nemo} Yeah, that might be tough on that 8 mg card

[08:23] {nemo} You windows based

[08:23] {BillyD} yes XP

[08:23] {BillyD} original installation

[08:23] {BillyD} 6 yrs agao

[08:23] {BillyD} lol

[08:23] {nemo} My only thought would be to try and hold out until the next operating system in September?

[08:24] {BillyD} what is it?

[08:24] {nemo} Windows 7

[08:25] {BillyD} typically, 1st version has so many bigs

[08:25] {Threei} yeah... early adoper = guinea pig

[08:26] {nemo} I don't disagree, but 6 years is pretty old...he's getting to the end of that thing

[08:27] {BillyD} last of the mohicans

[08:27] {vinod} GM to all let make it a good friday mney wise

[08:28] {Threei} vinod :)

[08:30] {Threei} *MAY PERSONAL INCOME: 1.4% V 0.3%E; PERSONAL SPENDING: 0.3% V 0.3%E

[08:30] {Threei} - Prior Personal Income revised from 0.5% to 0.7%

[08:30] {Threei} - Prior Personal Spending revised from -0.1% to 0.0%

[08:30] {Threei} MAY PCE CORE M/M: 0.1% V 0.1%E, PCE CORE Y/Y: 1.8% V 1.8%E; PCE DEFLATOR Y/Y: 0.1% V 0.1%E

[08:41] {Threei} BLUD Halted, news pending (16.09, 0.00, 0.00%)

[08:41] {Threei} Responds to FDA notice

[08:41] {Threei} - yesterday the FDA, in an administrative action based on an early January 2009 inspection, issued a notice of intent to revoke the Company''s biologics license with respect to its Reagent Red Blood Cells and Anti-E (Monoclonal) Blood Grouping Reagent product.

[08:41] {Threei} - The FDA has not ordered the recall of any of the Company''s products.

[08:41] {Threei} - Per the FDA''s letter, the Company has 10 working days to respond to the FDA''s administrative action and 30 days to submit a remediation plan. The Company will use the extensive remediation work already underway and already documented in detail to the FDA to facilitate its response.

[08:41] {fernp} good morning everybody

[08:41] {Threei} fern :)

[08:44] {BillyD} nemo, you oretty technical PC person

[08:44] {Threei} and very annoying

[08:44] {BillyD} lol

[08:44] {Threei} oops... did I say it our loud?

[08:44] {nemo} relatively...I've put them together from scratch, and done board level chip replacements

[08:44] {nemo} soldering, that is

[08:44] {BillyD} see dcc

[08:45] {nemo} nothing on dcc

[08:46] {BillyD} try now

[08:49] {Threei} GOOG CEO: See current financial crisis as 'largely behind us'

[08:49] {Threei} feeling better?

[08:51] {Alw} good morning all

[08:54] {Threei} Alw :)

[08:56] {vinod} NEMO-you were a tech?

[08:56] {nemo} by necessity

[08:57] {magoo} mornimg

[08:57] {vinod} I spend 10 year traing people to do that woek in my younger days

[08:58] {nemo} I also worked in operations years ago. Unix SPARC installations

[08:59] {vinod} frist training class I held was on 8080 than Z80

[08:59] {Threei} magoo :)

[08:59] {nemo} Wow! that's going back a while

[09:00] {vinod} at wang lab

[09:01] {level777} Palm shot over 16 last night, anyone know the high?

[09:03] {magoo} obviously palm, stalking othersvad?

[09:04] {Threei} Thursday, June 25, 2009 4:05:10 PM

[09:04] {Threei} Palm, Inc Reports Q4 -$0.40 (adj) v -$0.62e, R $86.8M v $80.1Me

[09:04] {Threei} - On a non-GAAP basis, Adjusted Revenues in Q4 totaled $113.2M.

[09:04] {Threei} - Q4 gross margin 26.8% (adj) v 25.2% y/y

[09:04] {Threei} - Q4 smartphone sell-through 460K units (-52% y/y)

[09:04] {Threei} - Q4 shipped smartphones 351K units +6% q/q, -62% y/y

[09:04] {Threei} Palm, Inc CFO: Expects adjusted gross margin over time to be above 30%, expects to turn cash-flow positive by 2H of 2010 - conf call

[09:04] {Threei} - Sees expenses rising from Q4 levels

[09:04] {Threei} - Expects GM to grow to over 30%

[09:04] {Threei} - Focusing on smart phones

[09:04] {Threei} - To continue developing software and applications, will offer app updates free of charge

[09:04] {Threei} - Will expand developer base from hundreds to thousands

[09:04] {Threei} - Says no plans to raise fresh capital; currently capital is "absolutely sufficient."

[09:04] {Threei} - Sees significant "enterprise interest" in Pre

[09:04] {Threei} - Profitability on non-gaap basis likely when cash flow break even is reached

[09:05] {Threei} Palm, Inc Price Target raised to $23 from $16 at BofA/Merrill Lynch, maintains Buy rating

[09:05] {Threei} - Analyst cites new Pre smartphone's strong start at Sprint with accelerating demand and outstripping supply. Newsflow could remain strong with international launches of Palm Pre and other products this year, and multiple carriers in early next year

[09:05] {Threei} - Adds Pre's operating system uses standard web tools that makes it easy to write applications; could see exponential growth in apps

[09:10] {dino} gm all

[09:10] {nemo} Wow...early dude

[09:10] {Threei} 9:06:53 AM

[09:10] {Threei} NYSE discloses computer glitch is affecting trading on 565 stocks

[09:10] {Threei} oh good

[09:10] {Threei} dino :)

[09:11] {ese} good morning

[09:12] {Threei} ese :)

[09:13] {ese} mixed bag this morning?

[09:13] {Threei} pretty much

[09:14] {Threei} look dcc please

[09:14] {level777} blud trading

[09:14] {ese} anything interest you vad

[09:14] {Threei} PALM

[09:14] {Threei} BLUD

[09:15] {Threei} hmmm... I'd expect it drop more

[09:15] {dino} bloody blud

[09:15] {magoo} vad, news POT MON FSLR?

[09:15] {dptl} good morning all

[09:16] {Threei} Yesterday 18:05 POT Cuts Q2 guidance to $0.70 from $1.10-1.50 v $0.88e

[09:16] {Threei}

[09:16] {Threei} dp :)

[09:16] {Threei} Yesterday 09:51 PS4.GE Lowers FY09 EBIT guidance; Holds Rev target at 520M v 505.9Me

[09:16] {Threei} - States that prior EBIT guidance at 31M no longer achievable (current estimate 30.6Me)

[09:16] {Threei}

[09:16] {ese} ya....blood helped me loose some money years go when i was in the buy and hold part of my trading career

[09:17] {level777} ISTA halt?

[09:17] {ese} TIBX breaking out of 2 month trading range

[09:18] {Threei} ISTA yes

[09:18] {level777} wow

[09:19] {Threei} Yesterday 16:17 TIBX Reports Q2 $0.11 v $0.09e, R $142.7M v $139.4Me

[09:19] {dino} buy and hope you mean

[09:19] {Threei} Yesterday 16:48 TIBX Guides Q3 $0.09-0.11 v $0.10e, R $140-147M v $146.3Me - conf call

[09:19] {Threei} - Notes visibility remains limited

[09:19] {Threei} ese, look dcc please

[09:19] {ese} yup

[09:19] {level777} these halts cause more wild volatility than anything

[09:22] {dino} agreed

[09:22] {Threei} dp, look dcc please

[09:27] {Threei} so far, PALM and TIBX are main candidates

[09:28] {Threei} want pullback on both

[09:28] {jfjf64} mornin boys

[09:28] {Threei} jf :)

[09:29] {ese} jjjjjjjffffffffff!!!!!!!!

[09:30] {Threei} whoa PALM

[09:30] {Threei} don't get ahead of yorself

[09:30] {Threei} TIBX, 7 is nearest support

[09:31] {Threei} ok, let's try to get them when they stabilize

[09:31] {vinod} PALM good candidate for short

[09:31] {Threei} Long Setup: TIBX .05 break

[09:31] {Threei} stop under 7

[09:32] {nemo} too fast

[09:32] {magoo} no chance

[09:32] {Threei} Long Setup: PALM .30 break

[09:33] {Threei} if holding .15

[09:34] {magoo} in p

[09:35] {vinod} i was in TIBX 7.07

[09:35] {ese} L qqqq .13

[09:35] {magoo} nice

[09:35] {Threei} you have over 1:1

[09:35] {Threei} PALM 1:1 half out

[09:35] {magoo} out .54 TY vad

[09:35] {magoo} was waiting thgere

[09:35] {ese} out qqqq.21 +.08

[09:36] {BillyD} out both ty Vad

[09:36] {Threei} :)

[09:36] {magoo} billy bob wtg:)

[09:36] {vinod} out .20

[09:36] {BillyD} :)

[09:36] {jfjf64} nice ty

[09:36] {vinod} ty

[09:36] {Threei} good reflexes guys

[09:37] {BillyD} Had to hit that TIBX fast

[09:37] {Threei} PALM stop for the balance right under b/e

[09:37] {jfjf64} waslittle crazy

[09:37] {magoo} is there news FSLR vad?

[09:38] {level777} GNBT

[09:38] {Threei} nothing fresh

[09:38] {jfjf64} caei.15 break guys

[09:38] {magoo} ok ty..its been raped last 5 days

[09:38] {level777} GNBT action usually prelude to news

[09:38] {Threei} so why do you ask for news today?

[09:39] {nemo} Consumer confidence in a few, that will likely move the averages

[09:39] {magoo} see if something came out

[09:39] {level777} btw, thanks for the Palm call 3i :)

[09:39] {Threei} :)

[09:39] {Threei} CAEI is former RCH

[09:39] {magoo} POT been raped last 5 days too...and there is NEW news

[09:39] {Threei} chinese construction company

[09:39] {Threei} anyone got trout handy?

06[09:39] * nemo slaps magoo around a bit with a large chinese construction company

[09:39] {Threei} feel free to unleash it on magoo, I'll owe you

[09:40] {Threei} rofl

[09:40] {Threei} that was good one nemo

[09:40] {magoo} :)

[09:41] {jfjf64} what timme is it in china this guy sleepin

[09:42] {BillyD} had a feeling TIBX had more

[09:42] {dino} amcn

[09:42] {jfjf64} blud .22

[09:42] {BillyD} PALM distracted me a bit

[09:42] {KSystems} gooooooooood morning!

[09:42] {dino} pot lowered guidance to .70 from .92

[09:43] {Threei} KS :)

[09:43] {jfjf64} .17 blud

[09:44] {jfjf64} half out

[09:44] {jfjf64} out

[09:45] {jfjf64} ouch

[09:45] {Threei} MNTA.... sigh

[09:45] {jfjf64} never learn

[09:45] {ese} an object once in motion........still long intc

[09:46] {jfjf64} grrrrrrrrrrrrrrrrrrrrrrrrrrr

[09:46] {jfjf64} rrrrrrrrrrrrrrrgggggg

[09:49] {BillyD} SPPI....bit jumpy in nature

[09:49] {jfjf64} jazz.16 here

[09:52] {jfjf64} market push here pls

[09:52] {nemo} 3 more minutes

[09:52] {jfjf64} ty let me get some coffee

[09:53] {jfjf64} all that jazz ese

[09:53] {level777} Palm re-enter thoughts?

[09:53] {jfjf64} lol

[09:53] {Threei} seems to move with market

[09:54] {BillyD} BLUD entry somewhere?

[09:54] {ese} ya jf.......it jazzed me for -$114.00 a week or so back

[09:55] {Threei} *JUNE FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 70.8 V 69.0E

[09:55] {Threei} - 1 yr median inflation expectations at 3.1% v 2.8% May

[09:55] {Threei} not sure Billy

[09:55] {BillyD} it's tough due to dumper status

[09:56] {level777} Palm nice dump

[09:59] {Threei} bounce-ready

[09:59] {Threei} first help by market and PALM should give a scalp'

[09:59] {Threei} in .93

[09:59] {jfjf64} k

[09:59] {Threei} stop .85

[10:00] {level777} missed

[10:00] {Threei} half out

[10:01] {level777} nice

[10:01] {jfjf64} nice vad

[10:01] {Threei} 1/4 more out .11

[10:01] {BillyD} gj Vad...couldn't get a good read on it

[10:01] {jfjf64} great entry

[10:01] {magoo} out .11..caught .98 TY

[10:01] {nemo} amazes me how he does tht

[10:02] {Threei} easy... I don't think

[10:02] {BillyD} TIBX maybe at B?O .40...it held .30 w/ mkt selling

[10:02] {Threei} it's eye-finger process, no brain inbetween

[10:02] {level777} oh, my wife says im good at that too

[10:02] {nemo} too visceral

[10:02] {nemo} yeeech

[10:02] {jfjf64} vip tk look at

[10:02] {BillyD} Vad, TIBX thoughts here

[10:02] {Threei} trying to gauge..

[10:02] {jfjf64} .22 trigger

[10:03] {Threei} chart is right, stock is wrong

[10:03] {Threei} this is not a breakout stock

[10:03] {BillyD} ok

[10:03] {Threei} my approach would be,

[10:03] {Threei} let it break,

[10:03] {Threei} wait for shakeout

[10:03] {Threei} try to get in when stops are hit and break buyers are shaken out

[10:03] {BillyD} near .30 arae

[10:03] {Threei} and if you miss, so be it

[10:04] {Threei} out PALM in full

[10:04] {Threei} +.30

[10:08] {jfjf64} vip invalid here

[10:10] {BillyD} LEN maybe short candidate

[10:11] {BillyD} if forms range here and under 9

[10:14] {jfjf64} with ya billy d s .98 trigger

[10:15] {jfjf64} this min lets go

[10:15] {jfjf64} .99

[10:16] {dino} pnra sm l .50

[10:17] {jfjf64} cant gv this up

[10:21] {dino} wynn sm l .50 wide

[10:24] {dino} cedc sm l .90 trig wide/whippy

[10:29] {BillyD} not sure I like LEn as much

[10:30] {Threei} PALM, fast pullback closer to .40 from here is long entry

[10:32] {BillyD} what would be stop on PALM

[10:32] {Threei} asking too far in advance :)

[10:33] {Threei} at this point it's more of a trading idea than exact setup

[10:33] {BillyD} got it

[10:34] {Threei} ISTA Pharmaceuticals FDA panel discloses eye drops as safe and effective, vote 7-0

[10:34] {Threei} - Dermatologic and Ophthalmic Drugs Advisory Committee Unanimously Recommends Bepreve(TM) for the Treatment of Ocular Itching Associated with Allergic Conjunctivitis'

[10:34] {Threei} - The Committee voted unanimously 7 to 0 in favor of approving Bepreve after reviewing comprehensive safety and efficacy data from ISTA''s clinical program.

[10:34] {Threei} - Although the FDA is not required to follow the Committee''s guidance, the Agency usually considers the Committee''s recommendation when evaluating pending applications. The FDA has assigned a Prescription Drug User Fee Action Date of September 12, 2009.

[10:36] {level777} i traded ista last 2 days...took home zero!!

[10:36] {dino} as swiper would say; ohhh mannnnn

[10:37] {level777} at least i didnt need to stress over the halt..might've been worth it

[10:37] {Threei} ISTA will open at 11

[10:37] {level777} wow $11

[10:38] {magoo} palm no pull

[10:39] {Threei} at 11:00 l7!

[10:39] {Threei} lol

[10:39] {Threei} as in 11 o'clock

[10:39] {level777} now, if it opens at $11, what are you gonna say? :)

[10:40] {Threei} ummm... call myself a prophet? :)

[10:40] {level777} pure genius

[10:40] {nemo} super genius

[10:40] {level777} put that call up front on ur website

06[10:40] * Threei is blushing

[10:43] {dino} cedc stopped

[10:43] {dino} -.38

[10:48] {Threei} MTXX Hearing strength attributed to chatter of possible sale of distribution or production units (39.17, -0.32, -0.81%)

[10:57] {Threei} this headline is ultimate manifestation of irony

[10:57] {Threei} Hamas leader: Obama must do more for peace

[10:57] {wulff} amazing pick on the PALM bottom

[10:58] {Threei} ty... not so much on exit though, lol

[10:58] {wulff} oh what problems

[10:58] {Threei} ISTA is getting ready

[11:00] {jfjf64} lost connection heavyy rain thunder

[11:02] {jfjf64} chs s.27

[11:04] {dino} lol hamas, like stopping suicide bombers would do nothing

[11:06] {magoo} we in anything vad..got distractted

[11:06] {dino} pwrd

[11:07] {jfjf64} half out

[11:07] {magoo} dam PALM

[11:07] {Threei} no mags

[11:08] {jfjf64} stop to .25

[11:10] {level777} the halt on ISTA really protected shareholders that bot the big gap open

[11:12] {Threei} PALM looks determined

[11:13] {magoo} i was just thinkin 17

[11:13] {jfjf64} wish i was still in

[11:15] {level777} 16.74

[11:16] {jfjf64} out

[11:18] {jfjf64} blud looks lk has gas missed entry at .25

[11:18] {BillyD} MDRX low of day

[11:18] {BillyD} maybe short

[11:21] {jfjf64} this blud wants me in pullbacked .25 im a taker

[11:25] {dino} long at .25 jf?

[11:26] {jfjf64} yeah out .35

[11:26] {level777} ista climbing up slowly but...

[11:26] {Threei} US House clears procedural vote, allowing formal debate over climate change and energy bill

[11:26] {dino} ok, gj

[11:27] {nemo} They pass that, we're {insert negative expletive here}

[11:27] {jfjf64} bwen .21 triggerr mamma need pair of shoes lol

[11:27] {dino} pappa too

[11:28] {jfjf64} yup yup

[11:28] {dino} pnra, in my best reagan voice, "teart down that 51.00 wall"

[11:29] {jfjf64} here ya go dino ya in this

[11:30] {magoo} .

[11:30] {jfjf64} bwen with market

[11:30] {dino} tear

[11:30] {dino} .

[11:30] {dino} .

[11:30] {dino} ok

[11:30] {patience} .

[11:30] {nemo} ?

[11:30] {dino} just had internet failure

[11:31] {dino} i guess connection failure more like it

[11:32] {dino} giddy-up market

[11:34] {jfjf64} 1/1

[11:34] {nemo} did you have a stop?

[11:35] {jfjf64} .25

[11:35] {nemo} is this bwen?

[11:35] {jfjf64} y

[11:35] {dino} pnra stop to .10

[11:36] {jfjf64} nice dino

[11:36] {jfjf64} all out

[11:37] {dino} ty

[11:37] {dino} pwrd strong

[11:37] {jfjf64} look at vol bars real nice

[11:41] {dino} pnra stopped slipped ave .07, +.57

[11:41] {nemo} another one where you got less than a $..wtf dino

[11:42] {dino} losing my touch i guess

[11:42] {dino} different market lately, imo

[11:43] {dino} wynn to flaty

[11:43] {dino} out

[11:43] {nemo} aw come on...except for that one day a couple of weeks ago, you've been as consistent as always

[11:43] {dino} like wynn better around 36.00

[11:44] {dino} ty nemo, just doing smaller daily #s lately

[11:44] {nemo} summer too

[11:45] {dino} as run dmc would say; "it's tricky"

[11:45] {jfjf64} im sick i was watchin jazz earlier 4.15 break lost connection tk look wow

[11:45] {dino} hitting lod's

[11:46] {jfjf64} vad here or sleepin

[11:46] {nemo} coma

[11:47] {jfjf64} lol

[11:47] {Threei} ty nemo

[11:47] {Threei} saving me typing

[11:47] {jfjf64} long week

[11:47] {nemo} yw

[11:47] {Threei} the problem with your question jf:

[11:47] {Threei} you put it as if there was contradiction

[11:47] {Threei} either/or

[11:48] {Threei} in fact, it's both

[11:48] {Threei} here and sleeping

[11:48] {jfjf64} lol

[11:48] {Threei} and that's how I trade day in day out, for many years

[11:49] {jfjf64} this blud seems lk it gonna go again

[11:49] {Alw} Vad What are you looking for in ISTA?

[11:50] {Threei} nothing really, I don't like it

[11:50] {Alw} ok

[11:51] {dino} jf, don't you mean this bud's for you

[11:51] {jfjf64} lol

[11:51] {nemo} vampire drink "This blud's for you"

[11:51] {dino} ahhh, thinking of sookie

[11:52] {nemo} huh?

[11:52] {dino} wynn rinsed

[11:52] {jfjf64} .37 trigger last trade for me kids last day of school

[11:52] {dino} sookie stackhouse, true blood series

[11:53] {nemo} oh...never seen it

[11:53] {jfjf64} bud bud go bud

[11:54] {dino} books- dead in dixie, etc

[11:55] {jfjf64} 1/1

[11:56] {jfjf64} 1/4out

[11:56] {dino} gj blud

[11:56] {jfjf64} stopto 50

[11:56] {BillyD} nice jf

[11:57] {jfjf64} see what happns kids will hv to wait

[11:57] {BillyD} lol

[11:58] {jfjf64} wish i hd a bud

[11:59] {Threei} want me to tell you who is on TV?

[11:59] {dino} no

[11:59] {nemo} I don't dare hazard a guess

[11:59] {jfjf64} stop to .55 now thanks vad

[12:00] {Threei} hmm?

[12:00] {wulff} when you grabbed that palm, was high volume a clue?

[12:00] {Threei} you are welcome of course

[12:00] {Threei} but for what?

[12:00] {wulff} or a pause

[12:00] {jfjf64} pres on tv all red bars know

[12:04] {jfjf64} out

[12:04] {jfjf64} thats it for me guys enjoy weekend ty vad

[12:05] {Threei} take care jf, have a great one

[12:05] {Threei} good job

[12:05] {dino} cya jf

[12:05] {Threei} as I said yesterday,

[12:05] {Threei} your progress in just couple month is incredible

[12:06] {jfjf64} thanks to you and this room ty again

[12:06] {dino} gj

[12:06] {Threei} feels like you are natural, just needed somestructure and discipline

[12:06] {Threei} and trout

[12:07] {jfjf64} dont understand this trout thing but we got time to work on that

06[12:07] * BillyD slaps jfjf64 around a bit with a large trout

[12:07] {Threei} there

[12:07] {Threei} understand this

[12:08] {dino} better not to understand

[12:08] {BillyD} something to study over weekend :)

[12:08] {Threei} hehe

[12:08] {Threei} room is all too willing to provide the material

[12:09] {jfjf64} enjoy my kids starvin upstairs they will tell mom i dont feed them while she at work see ya monday

[12:11] {dino} :)

[12:19] {BillyD} mkt seems just a tad more festive w/ follow thru buyers

[12:20] {BillyD} on certain stocks

[12:24] {dino} scanners all green

[12:32] {dino} pwrd s .41

[12:34] {Threei} (RU) Russia Pres Medvedev affirms Russia's involvement in OPEC is solely as an observer (related USO )

[12:34] {Threei} as in "we are watching you"?

[12:35] {BillyD} Vad,u been there in a while

[12:35] {Threei} not since 1996

[12:35] {BillyD} when did you leave

[12:36] {Threei} in 1996

[12:36] {Threei} lol

[12:36] {BillyD} lol

[12:36] {BillyD} could you return w/ no issues

[12:36] {BillyD} to visit

[12:36] {Threei} at this point, I think so

[12:37] {Threei} all problematic figures who were "in play" when I was there are dead or jailed or out of business in some other way

[12:37] {BillyD} hmmmm....and you are in CA

[12:38] {Threei} the tough time was first two-three years

[12:38] {Threei} and I had to go back in 6 months after leaving, to settle some issues

[12:38] {BillyD} is your family still there

[12:39] {Threei} the guy who ran mafia protection and served as my "roof" was shot dead two weeks before that

[12:39] {BillyD} sacry

[12:39] {Threei} which created huge problem

[12:39] {Threei} and the way I solved it is a whole story

[12:39] {Threei} no, don't have anyone there anymore

[12:39] {level777} there is no mafia.. an old wives tale

[12:39] {level777} ima keepa my eye ona you now

[12:39] {Threei} right

[12:42] {Threei} what's with OXGN?

[12:42] {Threei} no news that I see

[12:44] {Alw} Does most of the Russian people speak English?

[12:45] {Threei} no

[12:46] {Threei} Russia was never really open country with a lot of foreign language used, not since revolution

[12:46] {Threei} and before revolution, French and German were more prevalent

[12:47] {Alw} Ok - when I went to Europe I found most people spoke better English than me

[12:49] {dino} cov pwrd .39, +.02 not moving, mkt going up

[12:51] {dino} sure now it drops

[12:53] {nemo} pwrd is a nice dbi setup

[12:55] {level777} whats dbi

[12:56] {nemo} Drop Base Implosion....stock has a downleg, then flat for a while, and then implodes downward

[12:57] {nemo} PWRD had a big run, a down leg, and is running flat...the question, does it drop?

[12:57] {dino} just did, after i covered

[12:59] {dino} syut

[13:02] {ese} anybody on the board from Seatle

[13:02] {ese} was never away

[13:02] {dino} pa

[13:02] {ese} wa

[13:03] {ese} just wanted to know if you knew anything about Tom Bihn luggage, bags. cases accessories etc etc

[13:06] {ese} just realised i resent being called an "idler" man......i'm workin!!! whats with that anyway

[13:06] {dino} lol es

[13:07] {dino} better than slacker

[13:07] {Threei} and slacker is claimed by me

[13:07] {ese} was just to get vad riled up.....not workin....he's calm and cool

[13:07] {Threei} it's a side effect of coma

[13:08] {dino} i'm kicking the scanners shouting spit something out

[13:08] {dino} syut a bit gappy

[13:08] {dino} jumps again

[13:08] {nemo} summer friday afternoon

[13:08] {Threei} I quit doing that dino... my scanner answered me once, and it was not pretty

[13:09] {dino} if i was up more, i'd go mow the lawn

[13:11] {dino} ostk

[13:16] {ese} have a meeting all.......last day of school see ya monday

[13:16] {Threei} take care ese

[13:16] {ese} see ya vad

[13:17] {Alw} Is cpd a possible jbe?

[13:18] {Threei} formally, yes... in practice, very questionable

[13:19] {Threei} Market impact of Climate Bill vote (American Clean Energy and Security Act of 2009)

[13:19] {Threei} **it appears the 3 hour debate on the climate bill has begun in the House at 1pmET, implying that a final vote might come late this afternoon

[13:19] {dino} l rht .93

[13:19] {Threei} **Specifics of the legislation:

[13:19] {Threei} - Requires a 17% emissions reduction from 2005 levels by 2020.

[13:19] {Threei} - Requires renewable electricity mandate stating each electricity provider who supplies over 4M MWh must produce 20%of its electricity from renewable sources by 2020. (5% of this standard can be met through energy efficiency savings, as well as an additional 3% with certification of the Governor of the state in which the provider operates).

[13:19] {Threei} - Failure to meet said requirements results in fines of $0.02/KWh that will be adjusted upward with inflation.

[13:19] {Threei} - Allocates funding for modernization of grid system ("smart grid"), expansion of electric vehicle production, and sets guidelines for additional energy efficiency in new building projects.

[13:19] {Threei} - To develop Cap-and-trade like system, 85% of initial permits to be given for free with remaining 15% being put up for auction.

[13:19] {Threei} **Potential effects of the legislation:

[13:19] {Threei} - 1) if the bill passes

[13:19] {Threei} Negative impact on the coal burning utilities and coal companies, coal prices likely to decline as their use will be limited; use of natural gas may increase as it reduces the carbon footprint and may drive the sales of natural gas higher. Solar and wind power generating companies will benefit from increased subsidies for energy efficient and alternative energy technologies. Firms that specialize and provide 'smart grid' and infrastructure utilization software are also likely to benefit as utilities look to maximize existing generation sites and prolong the life-time of grand-fathered 'dirty' coal plants. Other sectors that are likely to benefit include specialty names that have experience in carbon capture and sequestration in terrestrial and sub-terrestrial storage. Financials with exposure to EU Cap and Trade and Carbon Emission Contracts are also posed to benefit from increased business volume due to exposure to facilities and understanding of market.

[13:20] {Threei} - 2) if the bill fails

[13:20] {Threei} Positive impact for the coal burning utilities and coal companies, coal prices to remain supported or even rebound on anticipated demand, Natural gas likely to remain steady or decline a little. Solar and wind power technology companies are likely to feel some impact as investors anticipate increased use of green technologies.

[13:20] {level777} clean energy is sweeping the country, esp in cal

[13:20] {Threei} -3) Mixed reactions:

[13:20] {Threei} As with every piece of legislation, the effects of an energy production balance and 'cap and trade' system on markets will not be as clear as one may initially expect. Initial programs and funding will certainly move towards alternative energy technologies and further development of smart grid technologies. The incremental implementation of energy production portfolio balancing at utilities will mean that heavily coal dependent regions (US South East and Mid West) will not see sudden, massive price increases. Due to subsidies and stimulus programs, consumer and commercial price increases are seen rising broadly in tandem throughout US power markets. As for a cap and trade system, initial winners will most notably include the US Federal Government that stands to gain a windfall payment. It is expected that a large percentage of these funds will be reinvested into additional technology and energy subsidy programs (to offset the consumer price increase that will be passed down from utilities).

[13:21] {nemo} boy is this going to hurt the wallet

[13:21] {Threei} Coal Sector:

[13:21] {Threei} BTU, CNX, MEE, FCL, FDG, ANR, YCZ, PCX, ACI, JRCC

[13:21] {Threei} 'Smart Grid' and Green Tech Sector:

[13:21] {Threei} GE, ITRI, AIRN, ELON, BMI, BGC, AMSC, CAMP, FTEK, ALVR, CPST, GSZ.FR

[13:22] {level777} along the Cal ports they are charging a tarriff for non complying, clean trucks

[13:22] {Threei} Wind Sector:

[13:22] {Threei} WNDEF, VWS.DC, NDX1.GE, RPW.GE, GAM.SP, EEN.FR, DD, AMSC, SPI, SUEL.IN

[13:22] {Threei} Solar Sector:

[13:22] {Threei} SPIR, STP, JASO, FSLR, SWPRA, ESLR, ENER, WFR, SOLF, SOL, SWV.GE, ALTI, QCE.GE, UNAX.GE, ASTI, YGE, CSIQ, TSL, PS4.GE

[13:22] {Threei} Sequestration Sector:

[13:22] {Threei} DOW, FWLT, PGH, ECO.UK, ALO.FR, STO, EOAN.GE, XTA.UK, RTP

[13:22] {Threei} there... youi have whole roadmap for future trading

[13:22] {Threei} I am going on vacation till 2010

[13:22] {level777} they are deploying gov't capital to replace with electric/hydrogen powered etc

[13:23] {level777} and some companies making fortunes with carbon credits

[13:24] {level777} which is a joke in itself

[13:25] {level777} ..now back to your regularly scheduled programming

[13:33] {dino} pru l .50

[13:35] {nemo} might be heaed to .30

[13:36] {nemo} headed

[13:38] {dino} it is

[13:38] {nemo} if it breaks that, not sure I'd hang around

[13:39] {dino} stop is .33

[13:40] {nemo} low candle is .31

[13:40] {dino} out

[13:40] {nemo} don't want to get caught in a rush for the exits

[13:42] {dino} maybe a buck lower

[13:44] {nemo} pru flipped you the bird

[13:44] {nemo} didn't close under support

[13:44] {dino} jpm hod

[13:45] {dino} l met .75

[13:45] {nemo} can you imagine the uproar if the big banks all have huge earnings

[13:47] {vinod} I am back. still have PALM from morning

[13:48] {dino} all maybe off of .01

[13:50] {Threei} wow vinod

[13:50] {Threei} you should be ashamed of yourself... making such indecent profits

06[13:51] * Threei slaps vinod around a bit with a large roll of cash

[13:51] {level777} fwiw, i am accumulating GNBT for a swing trade...not a rec to anyone...I know the stock well and am anticipating off its trading some vg news

[13:51] {Threei} Fed's Fisher: Fed actions saved the US from a 'depression'

[13:54] {Threei} Fed's Fisher: green shoots are not 'sprouting like kudzu'

[13:54] {Threei} lol

[13:56] {dino} all l .00

[13:56] {vinod} out 16.27 got bussy. plus all your pick this week would have given more if kept for a while

[13:56] {vinod} my record tells me

[13:57] {Threei} way to track it and make corrections

[13:57] {Threei} wtg

[13:57] {vinod} i only had 500

[14:06] {vinod} ty boss this is one of the best week for me and have a nice weekend to all

[14:06] {dino} u2 vin

[14:07] {magoo} PALMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

[14:08] {Threei} great to hear vinod

[14:08] {Threei} have a great weekend

[14:24] {dino} rjet

[14:24] {magoo} .

[14:25] {magoo} what we in??

[14:25] {Threei} ummm

[14:25] {nemo} coma

[14:25] {Threei} I am in deep thoughts on whether PALM is going to stage eod run or fizzle out

[14:27] {dino} uthr

[14:34] {dino} met to .84

[14:35] {dino} to .86

[14:36] {dino} to .89

[14:37] {dino} out met .89, +.14

[14:38] {dino} all to .04

[14:38] {dino} out, +.04

[14:39] {dino} cedc last try l .44

[14:39] {dptl} have a good evening all

[14:40] {Threei} Fed's Fisher: USD will not be replaced as the world's reserve currency

[14:40] {Threei} wow... first time I find myself nodding to what Fed say

[14:40] {Threei} take care dp

[14:41] {Threei} US treasury yields are 'subdued'

[14:41] {Threei} - will no monetize the deficit

[14:41] {Threei} this last part I still have to see to believe

[14:42] {dino} cya dp

[14:42] {Threei} Not expecting unemployment rate in the US to reach 11%

[14:43] {jfjf64} back my friends

[14:44] {jfjf64} in anythin vad

[14:46] {Threei} no

[14:47] {Threei} watching PALM

[14:49] {jfjf64} hmm does it bust through or go to sleep keep me posted what ya thinkin

[14:50] {jfjf64} 17.20 key #

[14:51] {jfjf64} high last october

[14:52] {dino} uthr sm l .25 partial

[14:55] {jfjf64} .50 long palm

[14:55] {Threei} stop under .40?

[14:55] {Threei} or .35?

[14:55] {jfjf64} 35

[14:56] {jfjf64} got slipp in 53

[14:56] {jfjf64} anybody else in

[14:57] {level777} 3i, any thoughts PALM}?

[14:57] {BillyD} not here

[14:58] {Threei} scratching my head

[14:58] {Threei} it trades like breakout and run

[14:58] {Threei} but I am so not inclined to tarde those at this point

[14:58] {Threei} summer fridasy afernoon

[14:59] {Threei} what breakout? what ruhn?

[14:59] {nemo} relative volume has dropped drastically

[14:59] {nemo} 50% DOW and S&P 75% NAS

[14:59] {dino} well, they get older and die

[15:00] {Threei} jf... now that it made new high, trail to under .40

[15:00] {Threei} let's be stingy here, especially considering your slippage on entry

[15:00] {jfjf64} yes was gonna ask ya ty

06[15:00] * Threei is now known as mind reader

[15:01] {magoo} i took palmer .43

[15:02] {jfjf64} market ragin this dropp[n

[15:03] {magoo} really would like psalm to rip near 16.80

[15:04] {Threei} psalm... lol

[15:04] {magoo} is that too greedy vader?

[15:04] {Threei} I can't tell mags

[15:04] {nemo} going holy roller mags?

[15:05] {Threei} this break keeps me at loss

[15:05] {jfjf64} stop to .45

[15:05] {Threei} can't gauge it

[15:05] {jfjf64} out

[15:06] {magoo} its getting weirder now

[15:06] {jfjf64} not my cup of tea

[15:07] {jfjf64} out of my league

[15:08] {dino} cyou

[15:08] {level777} bouncing around pretty good

[15:11] {dino} uthr to .70

[15:11] {dino} to .75

[15:12] {dino} out +.50

[15:14] {dino} pwrd app. hod

[15:16] {nemo} little early on uthr

[15:17] {dino} whoa wrong on pwrd

[15:18] {dino} my bad

[15:18] {nemo} drinkin' already Dino?

[15:19] {level777} nice Palm flush

[15:19] {dino} no, but......

[15:20] {Threei} but thinkong of it? :)

[15:21] {dino} indeed, it is almost happy hour

[15:24] {dino} ughhhhh uthr

[15:24] {dino} way too tight on it

[15:25] {dino} pru too

[15:27] {Threei} SAFM USDA: Russia has banned pork from certian Farmland food palnts, and chicken from SAFM (45.80, -0.48, -1.04%)

[15:29] {Threei} Only 17% Rate Government A Wiser Spender Than Private Business

[15:29] {Threei} hey... I knew people are not all idiots

[15:29] {Threei} just 17%

[15:31] {patience} ok guys, have a great weekend. been an excellent week. new pattern for me: buying teck shares in the am, selling before closing...good volume and price movement

[15:31] {Threei} have a good weekend patience

[15:31] {dino} gj, cya

[15:31] {BillyD} bye

[15:37] {magoo} ZN crazy

[15:37] {Threei} no news too

[15:39] {dino} $21m raised all i see, 2nd gas permit

[15:39] {Threei} yeah but non of it fresh

[15:40] {BillyD} Have a nice weekend everyone...cya monday

[15:40] {Threei} take care billy

[15:42] {level777} still waiting for a brilliant eod call

[15:42] {Threei} ZN, 1 dollar ago

[15:42] {dino} 3:40 action

[15:43] {Threei} whole day range was 15 points NQ

[15:44] {Threei} thank tyrading gods we got what we got

[15:44] {Threei} this kind of day can easily go with no single trade

[15:45] {dino} out cedc .65, +.21

[15:45] {dino} opps ave .64

[15:46] {Threei} jeez ZN

[15:47] {Threei} that's AMEX for you

[15:47] {dino} out rht flat, bad entry

[15:49] {Threei} are you watching this curcus guys?

[15:49] {Threei} circus

[15:49] {nemo} yeah

[15:49] {level777} amazing

[15:49] {dino} nope

[15:50] {dino} darn cedc kept going

[15:51] {Threei} TSPT

[15:51] {dino} acur spike

[15:52] {Threei} what the deuce

[15:52] {Threei} whatever

[15:52] {KSystems} is there any holiday coming up after the weekend?

[15:52] {Threei} let's call it a day guys

[15:52] {dino} too fast

[15:52] {Threei} not this weekend KS

[15:52] {dino} july 4th

[15:52] {nemo} naechste Wochenende

[15:52] {Threei} next one

[15:52] {KSystems} thank you!

[15:52] {Threei} have a great relaxing weekend

[15:53] {Threei} see you on Monday

[15:53] {Alw} ty - it was a great education!

[15:53] {dino} take care 3i

Jun 25 2009

Slooow but profitable. RIMM and PALM worked nicely, CAT gave us a stop.

Session Time: Thu Jun 25 00:00:00 2009

[08:19] {BillyD} morning

[08:19] {tomg} morning Billy

[08:20] {vinod} GM to all

[08:20] {BillyD} JAZZ insane already

[08:22] {tomg} morning vinod, and evryone

[08:34] {vinod} just a test

[08:34] {nemo} you failed

[08:35] {vinod} ty-nemo

[08:37] {Threei} 08:00 INSM Phase II IPLEX trial in Myotonic Muscular Dystrophy did not exhibit a statistically significant improvement (Halted)

[08:37] {Threei} - The results of the trial indicated that IPLEX(TM) did not exhibit a statistically significant impr

[08:42] {Threei} PIMCO 's El Erian: Fellow CEO's are not seeing signs of green shoots, too early to relax and be complacent

[08:43] {Threei} everyone is talking green shoots

[08:43] {Threei} you see greenshoots? - no, I don't see green shoots - oh, I see some green shoots - is it reen shoots we see over there?

[08:44] {cosmo} the shoots are greener on the other side of the ocean

[08:44] {cosmo} i think

[08:45] {Threei} they think the same about our side

[08:45] {cosmo} sigh

[08:45] {Threei} both sides think it's because of amount of crap

[08:45] {cosmo} the slime of ages

[08:46] {Threei} - Agrees with Warren Buffet that no signs of green shoots are evident

[08:46] {Threei} see?

[08:46] {Threei} it's like salsa in one of Seinfield's episodes

[08:47] {cosmo} Chauncy Gardner, where are you...

[08:48] {cosmo} http://en.wikipedia.org/wiki/Being_There

[08:51] {vinod} who invented word green shoot?

[08:51] {nemo} Bennie Shalom Bernanke

[08:56] {Threei} decent bounce INSM

[08:56] {level777} JAZZ

[08:57] {fernp} good morning everybody

[08:57] {Threei} fern :)

[08:57] {Threei} Jazz Pharmaceuticals Second Phase III study of sodium oxybate in fibromyalgia meets primary endpoints

[08:57] {Threei} - Reports positive preliminary top-line results from the second of two Phase III clinical trials of sodium oxybate (JZP-6) for the treatment of fibromyalgia.

[09:00] {Alw} good morning all

[09:01] {Threei} alw :)

[09:07] {ese} good morning

[09:07] {Threei} ese :)

[09:08] {ese} alw....welcome

[09:08] {Alw} thks

[09:09] {Threei} ese, look dcc please

06[09:13] * nemo slaps Threei around a bit with a large trout

[09:13] {magoo} morning

06[09:13] * nemo slaps magoo around a bit with a large trout

[09:14] {level777} cant find anything more on MTMC, anyone know if its doomsday or good times?

[09:15] {Threei} no, nothing since yesterday's halt

[09:16] {dino} gm all

[09:16] {Threei} dino :)

[09:16] {ese} you realise of course that alw that a minimum profit $5000.00 is required for newbies to the board eh.......

[09:17] {level777} shorting almost all these bio's on pops is easy $$

[09:17] {Threei} unless you short too early

[09:17] {Threei} JAZZ is not available

[09:17] {BillyD} vad, what are your top candidates

[09:17] {Alw} of course

[09:18] {level777} need tobe able to last a few days minimum

[09:18] {level777} but they run on silly news, like a mouse was cured

[09:18] {Threei} hey, nothing silly from mouse point of view

[09:18] {level777} lol

[09:18] {Threei} still not sure Billy

[09:18] {ese} vision restored in eyes etc etc

[09:19] {BillyD} AM finished strong yesterday

[09:19] {ese} rain drops turn into vodka upon touching your tongue

[09:20] {nemo} nice part of the world you live in ese

[09:20] {ese} not thats worthwhile bio science in my opinion

[09:20] {nemo} real volatility squeeze on RIMM

[09:21] {Threei} lol ese

[09:26] {dptl} good morning all

[09:27] {ese} ddddddpppppppp!!!!!!!!

[09:27] {Threei} dp :)

[09:27] {nemo} Went a little heavy on the coffee this morning ese?

[09:28] {ese} just twitching like crazy here

[09:28] {ese} gets more prounounced as we approach the opening bell

[09:29] {Threei} lol

[09:29] {ese} into a cardiac arrest type of thing as first trades start hiting

[09:29] {Threei} dp, dcc pls

[09:31] {dino} pnra out leftovers .42+.42

[09:31] {dino} .32

[09:31] {ese} nicee way to start the day dino

[09:31] {dino} got lucky

06[09:32] * nemo slaps dino around a bit with a large golden horshoe

[09:32] {nemo} horseshoe

[09:33] {ese} no a horse hoe is good

[09:33] {nemo} Mmmmmhhhh....shoulda' thought of that...fcx rocketed out of the open, tck lagged a bit

[09:34] {jfjf64} htz .82 long

[09:35] {Threei} JAZZ CNBC

[09:35] {ese} L qqqq .34

[09:35] {Threei} too bad it's not shirtable

[09:35] {Threei} shortable

[09:35] {ese} sorry .45

[09:36] {jfjf64} len .25 break

[09:36] {ese} out qqqq.40

[09:36] {ese} =.05

[09:36] {ese} -.05

[09:36] {ese} damn can't see to type worth hill of beans

[09:37] {Threei} that's because you are trying to use your knees ese... elbows are so much more effective

[09:37] {Threei} MNTA...

[09:37] {Threei} 10 break looks very powerful on daily, but volume is ridiculous

[09:38] {nemo} play 10 shares

[09:38] {Threei} yeah, that's exactly the kind of crap I intend to waste my life on

[09:38] {nemo} right...vodka and women a much better waste of time

[09:39] {Threei} SINA

[09:39] {jfjf64} len 1/2

[09:39] {Threei} (US) Reportedly Treasury Sec Geithner to announce implementation of new regulatory reforms this Thursday (today) -Fox News (related EUR/USD XLF )

[09:39] {level777} ista, from yesterday

[09:39] {Threei} dino... SINA seems to becoming your client fast

[09:41] {ese} l qqqq .50

[09:41] {dino} esi sm l .00

[09:41] {Threei} good one jf

[09:41] {jfjf64} twb .45 break

[09:41] {jfjf64} ty

[09:42] {ese} out qqqq.55

[09:42] {ese} +.05

[09:43] {jfjf64} 1/1

[09:43] {Threei} JAZZ is serious

[09:44] {jfjf64} out

[09:45] {level777} 1

[09:45] {BillyD} CAR

[09:45] {wulff} quite a CAT bounce

[09:45] {jfjf64} any call jazz vad

[09:46] {jfjf64} wait puulback

[09:46] {Threei} no jf, not unless it etsablishes something more solid

[09:46] {jfjf64} ty

[09:46] {Threei} too hectic, price for the wring entry can be enormous

[09:46] {Threei} wrong

[09:47] {jfjf64} tk look twb settin up for more

[09:47] {nemo} appl vaulte

[09:47] {nemo} vaulted

[09:48] {Threei} CAT should pull back into .60 zone at least

[09:48] {Threei} possibly .40

[09:48] {dino} out esi .50, +.50

[09:48] {Threei} and will become bounce candidate there

[09:48] {jfjf64} cat

[09:48] {jfjf64} k

[09:48] {Threei} wow

[09:49] {Threei} L7

[09:49] {Threei} MTMC Alerts Investors and Analysts to Unauthorized Press Release (5.26, 0.00, 0.00%)

[09:49] {level777} omg

[09:49] {Threei} too bad it's halted still

[09:49] {Threei} "short at will" situation

[09:49] {level777} unauthorized = bogus or not ready..hmm

[09:49] {vinod} we play BSX few days ago

[09:50] {ese} wow dino....don't know how you do that on thin stocks like that....nice one

[09:50] {Threei} CAT is getting there

[09:50] {jfjf64} .60 break twb

[09:51] {dino} thx es

[09:51] {ese} L qqqq .60

[09:51] {ese} out .66

[09:52] {Threei} Reminder: Fed Chairman Bernanke scheduled to testify before the House Oversight Committee on the Bank of America/Merrill deal at 10amET

[09:52] {Threei} - House Representatives are expected to grill Bernanke on whether he pressured BoA executives to consumate the deal without due diligence.

[09:52] {ese} +.06

[09:52] {Threei} darn MNTA worked like charm of that break

[09:52] {Threei} I couldn't in good conscience bring myself to call it

[09:53] {level777} i wouldnt either, with no vol you could get crushed

[09:53] {nemo} did you say, "conscience"?

[09:53] {Threei} no kidding, bids were almost non-existent

[09:53] {jfjf64} 1/1

[09:53] {Threei} nemo I did but I don't know the word's meaning...

[09:53] {level777} worse scneario = daytraders buy and there's no liquidity

[09:54] {jfjf64} lk steelin today what goin on

[09:54] {Threei} I just insert some idioms here and there and hope they fit

[09:54] {nemo} politics in your future

[09:54] {jfjf64} out in full

[09:54] {nemo} aapl must be driving the qs

[09:54] {Threei} look how weak RIMM is

[09:55] {nemo} that's what I mean

[09:55] {nemo} aapl isn't slowing

[09:55] {dino} sm l met .30

[09:55] {magoo} nah rimm just late to party

[09:55] {nemo} we're in window dressing period for the half

[09:55] {Threei} jumped with this uptick... but looking at it as my short candidate for when the markrt gets tired

[09:55] {Threei} don't know mags.. still red

[09:55] {ese} intc approaching that 7 day high .30

[09:56] {dino} cedc sm l .35 wide one

[09:56] {Threei} see how much it dropped with just 1 point NQ dontick?

[09:57] {Threei} Short Setup: CAT .80 break

[09:57] {Threei} if stays below .90

[09:57] {magoo} in cat

[09:58] {Threei} RIMM dropped too fast, never gave a chance for entry

[09:58] {magoo} out cat - dime

[10:00] {BillyD} jf...thx for TWB heads up at .61...got a scalp

[10:00] {ese} guess somebody likes the low interest rates

[10:00] {Threei} Fed's Bernanke: Fed acted with integrity in BAC/Merrill deal; annulment of deal could have posed risks

[10:00] {Threei} CAT no worky

[10:01] {Threei} grrr RIMM

[10:01] {magoo} yea..good read on it

[10:03] {nemo} yeah, but shorting into a vaulting market...owww

[10:03] {dino} he said she said battle, bernanke

[10:05] {BillyD} watching CAR for 5 hold and 5.1 break

[10:08] {Threei} Short Setup: RIMM .90 break

[10:08] {nemo} already gone

[10:08] {Threei} stop about 5 cents above 70

[10:09] {Threei} 1:1

[10:09] {Threei} half cover

[10:10] {Threei} scalpers take it off the table of course

[10:10] {dino} met to .70

[10:10] {dino} out cedc .87, +.52

[10:11] {dino} met to .80

[10:11] {wulff} QLD providing some opportunities

[10:11] {dino} out met .80 +.50

[10:15] {Threei} out RIMM in full

[10:15] {Threei} +.40

[10:17] {wulff} strange to short on an up day

[10:17] {Threei} well, this is weak stock on a strong day

[10:17] {Threei} salmon principle

[10:17] {jfjf64} hig .80 break with help fas

[10:17] {Threei} guess who is on TV

[10:18] {Threei} MTMC ready to open

[10:18] {jfjf64} in

[10:19] {magoo} 10:20 open

[10:20] {Threei} non shortable

[10:20] {Threei} MDSO IPO opens for trade at $17.50 (19.00, 0.00, 0.00%)

[10:21] {magoo} really no chance to short

[10:22] {jfjf64} out 5 cents scalp

[10:22] {magoo} i wanna treach behind and pat my own back like vad

[10:23] {Threei} just be aware of possible shoulder dislocation

[10:23] {Threei} but otherwise, by all means

[10:26] {jfjf64} len vad

[10:26] {magoo} i laid out a long exit GS at 143.67..look high

[10:27] {Threei} nice

[10:28] {magoo} magoo faints...hits head on keyboard

[10:28] {magoo} wakes up and tells vad of dream he had that vad complimented him

[10:28] {magoo} with no sarcastic under tone

[10:29] {nemo} pure fantasy magoo

[10:29] {magoo} yea yea

[10:30] {Threei} sigh

[10:33] {dino} bailout era over? with tese hearings maybe...

[10:33] {dino} these

[10:35] {wulff} who wants to buy some random stocks with me?

[10:35] {Threei} sounds like lovely idea

[10:35] {jfjf64} ditto

[10:35] {wulff} we could use the sexy ticker idea

[10:36] {dino} sure

[10:36] {wulff} I once through darts at a paper, and beat myself soundly over a year

[10:36] {jfjf64} that a boy dino

[10:37] {Threei} can't believe MNTA

[10:38] {Threei} GS fast drop

[10:38] {dino} :)

[10:40] {magoo} MTMC sheesh

[10:42] {level777} MTMC ..cant figure

[10:43] {Threei} {MTMC} neither can I... so I go with the wind

[10:43] {dino} off my screen

[10:43] {Threei} Long Setup: PALM .80 break if stays above .75

[10:44] {Threei} scalp only most likely

[10:44] {dino} reports tonight i think

[10:44] {Threei} (US) Transportation Sec Lahood: may need to consider further highway user fees

[10:45] {Threei} sure, why not

[10:45] {Threei} btw, there is air we all breathe

[10:45] {Threei} tax it

[10:45] {Threei} inhale, pay, exhale, pay

[10:46] {dino} give them time, they will find a way

[10:46] {Threei} oh, and label unpatriotic those who find the way to hold their breath

[10:51] {wulff} QLD tight base

[10:53] {Threei} changing my mind on PALM

[10:53] {Threei} if works, will partial

[10:53] {Threei} and try for more than scalp

[10:54] {Threei} stop is the same though

[10:55] {Threei} 1:1

[10:55] {Threei} half out

[10:55] {Threei} scalpers be happy

[10:57] {magoo} freakin mtmc

06[10:57] * Threei slaps magoo around a bit with a large heavy object of unknown origin and for absolutely no reason

[10:57] {magoo} ty

[10:57] {magoo} i needed it

[10:57] {Threei} always

[11:00] {BillyD} ty for PALM scalp

[11:00] {Threei} sure thing

[11:01] {Threei} out 1/4 more

[11:02] {Threei} NY Fed: Fed purchases $9.53B in treasuries; bid to cover 2.93

[11:07] {dino} sm l jpm .00

[11:09] {dino} things got slowwwwww

[11:09] {Threei} {things} ok, that's offensive

[11:13] {dino} markets then

[11:13] {dino} cedc sm l .15

[11:17] {jfjf64} wiil try cag .84 trigger

[11:19] {dino} was looking at cag too

[11:20] {dino} mon wants that 72 area, march lows

[11:20] {jfjf64} need market help

[11:20] {Threei} Fed's Bernanke: I do not regret anything about successful Merrill deal - House Q&A

[11:20] {Threei} - says there was not pattern of pressure put on BoA.

[11:20] {Threei} - says he does not recall details of his "long conversation" with the Fed's lacker.

[11:20] {Threei} - says keeping the SEC in the information loop about BoA/Merrill was not a top priority; Fed left disclosures to BoA's management.

[11:21] {jfjf64} in

[11:23] {jfjf64} eat em up

[11:24] {Threei} {CAG} chomp chomp chomp

[11:24] {Threei} good lord... I actually managed to type chomp three times differently... had to correct before hitting enter

[11:26] {Threei} Ben: a loss of Fed independence would harm US economy and the USD - House Q

[11:27] {jfjf64} comon

[11:28] {jfjf64} half out

[11:28] {Threei} good one

[11:28] {jfjf64} stop .90

[11:30] {jfjf64} chomp chomp

[11:30] {wulff} I want to short RIMM

[11:30] {nemo} up market wulff

[11:30] {Threei} not very good idea right now, IMO

[11:30] {dino} gj jf

[11:30] {jfjf64} dino ya in cag

[11:30] {wulff} alright

[11:31] {Threei} RIMM used to be relatievely weak earlier when we went for that short,

[11:31] {dino} no on cag wanted 17s

[11:31] {Threei} stayd midrange or near lows depsite market strength

[11:31] {jfjf64} out

[11:31] {dino} fslr

[11:31] {Threei} that changed now, it hits its day highs with market

[11:32] {Threei} it's still in the red,

[11:32] {Threei} it's still one of better short candidates for when market reverses,

[11:32] {Threei} but it's no longer that obvious and easy

[11:32] {wulff} there is my RIMM

[11:37] {dino} jpm to .39

[11:38] {wulff} 11:26 wulff I want to short RIMM

[11:38] {dino} out jpm, +.39

[11:41] {Threei} ok... out PALM in full

[11:41] {Threei} .99

[11:45] {Threei} noone else held it?

06[11:46] * Threei slaps dptl around a bit with a large and heavy wet towel, just for the heck of it

[11:46] {dino} cedc to .52

[11:47] {dptl} ouch :)

[11:48] {dino} out .55, +.40 cedc

[11:52] {dino} a woodchuck could chuck as much wood as a woodchuck could chuck if a woodchuck could chuck wood

[11:53] {ese} ok ...here we go again with intc making a move toward the 7 day high

[11:53] {nemo} I've seen racoons pick up full trash barrels

[11:54] {ese} how much wood would a woodchuck upchuck if the damn thing really starts to eat the wood....

[11:54] {ese} hmmmmmm??????? did ya ever think of that hmmmmmm

[11:57] {dino} lol

[12:01] {ese} bstop intc .30

[12:06] {magoo} we in anything?

[12:06] {BillyD} a trance

06[12:07] * magoo slaps BillyD around a bit with a large trout

[12:07] {Threei} ever since you ignored my PALM trade, I decided to keep all future calls to myself

[12:07] {BillyD} I realized that was coming after post

[12:08] {magoo} i watched good military chjannel last nite,,battle for stalingrad

[12:08] {ese} good line though billy

[12:08] {magoo} what was it like being there vad :)a

[12:08] {Threei} just how old do you think I am

[12:09] {ese} was about to ask that

[12:09] {magoo} well, from pics ive seen he he

[12:09] {ese} ouch

[12:11] {ese} man i ducked here.....thought a slap was coming for sure

[12:12] {Threei} I officially state that rumors of this image being me are false: http://www.much.net/free/picture.html

[12:12] {ese} bstop intc invalidated for me

[12:12] {ese} ohhhh funny funny funny.......good one vad

[12:14] {Threei} so is this: http://www.proteinpower.com/drmike/wp-content/uploads/2007/07/27mummy_lg.jpg

[12:16] {ese} is it a boring life being a trading room specialist vad........seem to have alot of time on your hands

[12:16] {magoo} u should put first pic on realality trader site lol

[12:30] {dino} zzzzzzzzzzzzzzzzz

[12:31] {BillyD} hope it won't be this way all summer

[12:32] {BillyD} MDRX nice chart

[12:42] {Threei} Preview: Treasury's $26B 7-year note auction results due out just after 1pmET

[12:42] {Threei} - $27B is a $1B increase from the May auction

[12:42] {Threei} - this is the fifth auction since the Feb $22

[12:43] {dino} rjet gives it back today

[12:46] {BillyD} yeah, tough to short as it gaps down with no volume at open and do not want to chase

[12:47] {dino} rht?

[12:47] {dino} report looks ok

[12:49] {BillyD} AM keeps going

[12:51] {dino} good short somewhere, imp

[12:51] {dino} 6.50 to 10.25 in 24 hours

[13:01] {Threei} TREASURY'S $27B 7-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.82 V 2.28 PRIOR AND 2.29 OVER THE LAST FOUR

[13:02] {Threei} indirect bidders take 67.2% of competitive bids

[13:02] {Threei} - notes draw 3.329%

[13:02] {dino} farrah fawcett just died

[13:03] {BillyD} wow

[13:05] {nemo} She was the pin-up when I was a teenager

[13:05] {nemo} painful way to go, hope she's at peace

[13:06] {dino} same here nemo, i had the poster\

[13:06] {wulff} me too

[13:07] {nemo} market relentless today

[13:09] {dino} indeed

[13:10] {ese} L intc .30

[13:22] {Threei} great help... I went to http://magic8ballonline.com/8ball/index.cfm?go=yes and asked mags traditional question: rip or rot

[13:22] {Threei} darn thing answered: It is certain

[13:22] {dino} lol

[13:22] {nemo} I'm going with rip

[13:23] {Threei} second try: Without a doubt

[13:23] {Threei} this is one confident 8-ball

[13:23] {dino} ndx and s/p fri gaps filled

[13:26] {Threei} (US) White House says biotech drugs generic competition should start after seven years of patent exclusivity (related BBH TEVA )

[13:26] {Threei} what is it now?

[13:26] {dino} 18 i think

[13:27] {nemo} that should see biotech stocks drop

[13:27] {Threei} PFE no reaction

[13:28] {Threei} neither TEVA

[13:28] {nemo} TEVA is generics

[13:28] {Threei} I guess there is long way from "says" to actual changes

[13:28] {Threei} yes, so shouldn't it go up on that?

[13:28] {nemo} I get it

[13:29] {nemo} Gave a Yin and a Yang..hehehehehehehe

[13:29] {level777} That House can actually speak?

[13:29] {Threei} real question should be... "can it think"?

[13:29] {Threei} and my answer would be...

[13:29] {Threei} ummm

[13:29] {level777} i hink he should hold another press conference about this

[13:32] {Threei} MNTA, I am crying

[13:39] {Threei} what a weird comment:

[13:39] {Threei} YHOO CEO: If we ever do strike a deal with MSFT, it will be announced publicly - annual meeting comments

[13:39] {Threei} huh?

[13:58] {wulff} WFC ripe

[14:00] {Threei} guess who is on TV

[14:03] {dino} am sm s .30, stop .51

[14:05] {Alw} Hi dino - does this mean you are shorting am at 10.30 with a cover at 10.51? thks

[14:06] {nemo} y

[14:06] {Threei} in case dino is busy - right, with stop being at .51, profit target somewhere nice

[14:06] {dino} yes

[14:06] {Alw} thks all

06[14:06] * nemo slaps Alw around a bit with a large trout

[14:06] {dino} np

[14:06] {Alw} ouch!!!~

[14:07] {nemo} rimm in bounce zone

[14:07] {nemo} Alw...it's just a fish

[14:08] {magoo} haveanother

06[14:08] * magoo slaps Alw around a bit with a large trout

[14:09] {Alw} funny guys!!!

[14:09] {nemo} mags...he thinks it's funny

[14:09] {magoo} s aapl .50

[14:09] {magoo} risk-a-roo

[14:09] {magoo} .08 target

[14:10] {magoo} stop .71

[14:11] {magoo} out no go

[14:12] {magoo} cabnt fall with that pullbk in mkts

[14:12] {nemo} Mmmmmhhhhh...somehow I got on the Democratic Committee mailing list

[14:14] {nemo} AM has a long way down if it closes below .15

[14:15] {dino} to where?

[14:15] {dino} thinking .70s

[14:16] {nemo} little resistance @ .05, next major in the 9.90/.85 area...70 possible, but given the up day I would think there's another 'ally on the way

[14:18] {dino} time will tell

[14:18] {nemo} yeah, it just closed above 13 ma

[14:22] {magoo} long rimm .30

[14:22] {magoo} RISKY

[14:27] {Threei} US announces $3.9B in funds available for smart power grids (related ITRI GE )

[14:27] {Threei} tyhere was some small stock related to smart grids...

[14:29] {Threei} what's with ADES?

[14:35] {Threei} (CA) Canada PM Harper: Canada should be out of the budget deficit within two years of recession end (related USD/CAD )

[14:36] {BillyD} Maybe CA can loan US some money then

[14:44] {Threei} US House Democrat reportedly sees inadequate votes for climate deal passage at the moment

[14:44] {Threei} - Reminder: Vote on climate deal is due Friday (related USO FAN TAN )

[14:44] {Threei} hmmm

[14:44] {Threei} can it be? I thought any stupid idea has enough votes these days

[14:44] {Threei} and the stupider the idea...

[14:44] {Threei} SQNM filed a stipulation of dismissal in the United States District Court for the Southern District of California in which the parties stipulated that (i) the patent infringement action brought by Beckman Coulter and Orchid Cellmark against us was dismissed with prejudice, (ii) the counter claims brought by us against Beckman Coulter and Orchid Cellmark were dismissed without prejudice, and (iii) each party to the lawsuit agreed to bear its own attorneys fees and costs. We are not required to make any payments to Beckman Coulter or Orchid Cellmark nor are we required to take a license to the patents, and, as such, the conclusion of this litigation has no material adverse impact on our business, financial condition, or results of operation - filing dated 6/22 (4.00, 0.02, 0.50%)

[14:48] {dino} am stopped -,22

[14:50] {Threei} btw who missed

[14:50] {Threei} http://www.realitytrader.com/blog/2009/06/averaging-down-yea-or-nay.html

[14:51] {BillyD} read it yesterday....good perspective when it is ok and when not

[14:51] {Threei} ty

[14:51] {Alw} makes sense

[14:56] {ese} have to go everyone....have a concert to do...see ya tomorrow

[14:56] {Alw} bye

[14:56] {ese} cya alw

[14:57] {Threei} take care ese

[14:57] {dino} cya alw

[14:57] {dino} cya es

[15:19] {nemo} what was it, 3 trades today Vad?

[15:20] {Threei} yeah

[15:20] {Threei} but what trades

[15:20] {nemo} short cat rimm, long palm

[15:20] {dino} rht l .21

[15:20] {Threei} (RU) Russia is considering an economic bailout plan - FT

[15:20] {Threei} sure... it's shame really, everyone has one, why not us

[15:26] {magoo} theres an ass for every seat

[15:26] {magoo} and the second mouse gets the cheese

[15:28] {dino} gun to the head; up

[15:29] {magoo} as magoo stands behind dino with a glock against his head

06[15:29] * nemo stands behind magoo with a Desert Eagle

[15:29] {magoo} vad stands behind nemo with a smith wesson

06[15:29] * nemo wonders, "Where's Vad with the rocket launcher?"

[15:30] {nemo} oh, o.k. thanks

[15:31] {nemo} speakin' for Vad now, Mags?

[15:31] {nemo} cya tomorrow

[15:32] {dino} cya nemo

[15:36] {dino} guess i was wrong

[15:41] {BillyD} RIMM interesting and kind of weak

[15:48] {jfjf64} rht.25 break

[15:50] {jfjf64} out

[15:51] {dino} gj

[15:51] {dptl} have a good evening all

[15:52] {Threei} you too

[15:52] {jfjf64} luv those breaks

[15:52] {Threei} CDC: Swine flu has not shown resistance to Relenza or Tamiflu; US cases may have topped 1 million (related GSK.UK ROG.SZ NVAX GILD )

[15:54] {jfjf64} cpd.22 trigger

[15:54] {dino} denny crane

[15:56] {jfjf64} outout

[15:56] {jfjf64} .34

[15:56] {BillyD} nice jf

[15:56] {Threei} very

[15:57] {dino} gj

[15:57] {Threei} jf today and jf two month ago...

[15:58] {Threei} okay guysm, thank you all

[15:58] {Threei} have a great evening, see you tomorrow

[15:58] {jfjf64} s tza .82

[15:58] {dino} guess i was right after all

[15:59] {dino} rht out .30, +.09

[15:59] {jfjf64} out

[15:59] {jfjf64} yeah baby

[16:01] {dino} mojo

[16:01] {fernp} good evening all

[16:01] {dino} u2, gotta hop, take care

[16:02] {jfjf64} later boys

[16:02] {jfjf64} going to bank

[16:02] {jfjf64} lol

[16:02] {dino} lol and gj jf

Jun 24 2009

Very nice first half of the day with MGM long and RIMM both directions. Afternoon was a snoozer.

Session Time: Wed Jun 24 00:00:00 2009

[08:04] {BillyD} good morning

[08:28] {BillyD} Vad, you see any nes on AIB

[08:28] {BillyD} news

[08:32] {Threei} Morning

[08:32] {Threei} AIB?

[08:32] {BillyD} yes

[08:32] {Threei} my news feed doesn't even have this symbol, lol

[08:32] {BillyD} lol

[08:33] {BillyD} it's banking so maybe a general news

[08:36] {Threei} 08:30 *MAY DURABLE GOODS ORDERS: +1.8% V -0.9%E; DURABLES EX-TRANSPORATION: +1.1% V -0.5%E

[08:36] {Threei} - Prior Durables revised from +1.9% to +1.8%

[08:36] {Threei}

[08:36] {Threei} this then

[08:39] {Threei} ISTA FDA staff comments that Bepreve has not serious adverse events reported (3.79, 0.00, 0.00%)

[08:41] {Threei} FDA staff comments that Bepreve has no serious adverse events reported in studies over treatment of allergy related eye itching, but 25% of patients in one study had a side effect of bitter taste

[08:41] {Threei} - FDA staff comment come ahead of an upcoming FDA advisory panel meeting

[08:41] {Threei} between eye itching and bitter taste I'll take bitter taste any day

[08:43] {BillyD} RIMM gaps 2

[08:45] {BillyD} maybe some follow thru enthusiasm today

[08:49] {magoo} morning

06[08:49] * BillyD slaps magoo around a bit with a large trout

[08:49] {level777} orcl nice gap

[08:50] {magoo} nice billy

[08:53] {BillyD} Vad, you still using Trade The News

[08:54] {Threei} yup

[08:54] {Threei} magoo :)

[08:54] {BillyD} does it pretty much give you news on staocjks pretty quick if they get sudden spikes, etc

[08:55] {BillyD} stocks

[08:55] {Threei} as a rule, yes

[08:55] {Threei} if there is news

[08:55] {BillyD} ok

[08:55] {fernp} good morning everybody

[08:55] {Threei} if you want to try it, use icon at the bottom of our homepage

[08:55] {BillyD} ok

[08:56] {Threei} it should give you some discount

[08:56] {Threei} fern :)

[09:01] {level777} orcl is almost an automatic short on pops over the years

06[09:02] * Threei slaps magoo around a bit with a large manual on florr sweeping technique. Study it and sweep the room before you leave!

[09:02] {BillyD} lol

[09:03] {dino} gm all

[09:03] {BillyD} gm dino

[09:03] {Threei} dino :)

[09:04] {vinod} GM to all

[09:04] {level777} 3i, i couldnt get my original LevelSeven id, said someone already had it. Who the heck wants to be me?

[09:04] {dino} magoo does

[09:04] {Threei} vinod :)

[09:04] {level777} Idont even want to be me

[09:05] {Threei} huh... I'll ask KS to check up on that, L7

[09:05] {level777} i think its costing me lots oo trade profits

[09:05] {dino} it is

[09:07] {BillyD} Vad, think this gap sells

[09:07] {Threei} hmm

[09:07] {Threei} most of them did lately

[09:07] {BillyD} exactly

[09:08] {Threei} but we are very close to support

[09:08] {jfjf64} mornin guys

[09:08] {Threei} jf :)

[09:08] {magoo} 3 poor days in row ...end of month markups looming...all bulls need/want is a catalyst..which will be fed today...UP we go imo

[09:09] {cosmo} hmm...optimist...

[09:09] {Threei} fed... well, that's hard to gauge

[09:09] {magoo} we may dip at open of course..or it may be rough ride of course

[09:09] {Threei} by all measures, should be non-event

[09:10] {dino} anything can happen

[09:10] {Threei} what is it they can do or say here

[09:10] {Threei} "still tough, green shoots, not out of the woods yet"

[09:10] {Threei} there

[09:10] {magoo} so insightfull dino :)

[09:10] {dino} everyday is a coin toss, thats all i'm saying

[09:12] {magoo} ah..go flip the contra coin, lets see what it says

[09:12] {jfjf64} as long as vad has thinkin cap on we be fine

[09:12] {cosmo} Spring brings new growth ...just look around

[09:13] {Threei} jf... truth be told, the only purpose of that cap is to mask rtotal absence of thinking

[09:13] {Raven} Spring brings mosquitoes

[09:13] {cosmo} brought that is....

[09:13] {Threei} lol

[09:13] {jfjf64} lol

[09:13] {cosmo} yea... got bites here

[09:14] {Raven} West Nile ... be careful

[09:14] {magoo} i havent done this in awhile

[09:14] {cosmo} growing little bumps

[09:14] {magoo} c'mon vad, i need to make a grande, work HARD today lol

[09:15] {magoo} remember when i'd press u everyday ?

[09:16] {jfjf64} yes please and by 11 am hv sons graduation

06[09:16] * Threei hides under the nearest rock never to be seen today again

[09:16] {dino} congrats jf!

[09:16] {jfjf64} ty dino

[09:17] {jfjf64} 5th grade graduation ty

[09:18] {dino} :)

[09:21] {jfjf64} lks lk mgm lvs some play

[09:22] {Threei} Yesterday 16:40 MGM Company has concluded that there is no longer substantial doubt about its ability to continue as a going concern -filing

[09:22] {Threei} - Cites completion of share offering and note placement

[09:22] {Threei}

[09:23] {jfjf64} ty

[09:24] {cosmo} DRYS tests @ open

[09:24] {cosmo} imo

[09:25] {Threei} MGM formed 6.40 resistance pre-market, which is also resistance from the day before

[09:25] {Threei} before yesterday

[09:26] {Threei} let's see if it gives us consolidation and break

[09:26] {jfjf64} intresting

[09:26] {Threei} this thing is capable of nice moves when it's in the mood

[09:27] {Threei} ideally, holding 6.30, consolidating while market makes first hectic opening moves,

[09:28] {Threei} then decisive break

[09:28] {Threei} that would be my preferred scenario

[09:28] {Threei} Break right out of the gate, well

[09:29] {Threei} can go either way... never look back, or give short-lived spike and fizzle out

[09:29] {ese} gm

[09:29] {Threei} ese :)

[09:32] {Threei} Short Setup: ORCL .80 break

[09:32] {ese} out intc yesterday at the end of the day .98 +.17 was in at .81

[09:32] {ese} well close to the end of the day

[09:34] {Threei} CPC IPO opens for trade at $9.45 (9.60, 0.60, 6.67%)

[09:35] {Threei} MGM over 1:1, half out who went for it

[09:36] {dptl} good morning all

[09:36] {Threei} dp :)

[09:36] {ese} ddddddddpppppppppppp!!!!!!!!

[09:36] {Threei} 1:2 1/4 more out

[09:41] {magoo} l rimm here .55

[09:41] {Threei} ORCL no worky

[09:42] {Threei} MGM last portion stop is b/e

[09:42] {level777} ista..watching ffrrvol pick up

[09:42] {level777} for vol

[09:42] {dino} \ogxi

[09:42] {level777} ista break

[09:42] {magoo} .20 cent sto[p

[09:43] {magoo} no go

[09:45] {ese} drys looks like it's in that mood to go and go and go today

[09:47] {BillyD} RJET moving a bit but don't like the chart

[09:47] {Threei} yeah, I looked at it couple times... no pressure

[09:47] {Threei} trades like jellyfish

[09:50] {dino} jpm sm l .50

[09:50] {Threei} RIMM

[09:50] {Threei} .40 break long

[09:50] {Threei} stop under .30

[09:51] {ese} L drys .80

[09:51] {dino} snda

[09:51] {Threei} JPMorgan Chase and Co Reportedly raising card transfer fees to 5%

[09:51] {Threei} - notification part of new federal rules for consumer protections

[09:51] {Threei} lol

[09:52] {Threei} we are getting scrwed just the same, but this time around they notify us

[09:52] {Threei} Preview: May New Home Sales (m/m) due out at 10amET

[09:52] {Threei} **consensus expectation: 360Ke (+2.3%e) v 352K prior.

[09:52] {Threei} - estimates range between 345K to 400K. (related XHB )

[09:53] {Threei} half out RIMM

[09:54] {dino} shld sm l .50

[09:54] {Threei} scalpers take profit

[09:54] {BillyD} ty

[09:54] {Threei} stop to .45

[09:55] {Threei} CMCSA Announces distribution agreement with Time Warner (13.81, 0.02, 0.15%)

[09:55] {Threei} 1/4 more out RIMM

[09:56] {Threei} Comcast Corp Announces distribution agreement with Time Warner

[09:56] {Threei} - to develop broad principles for the TV Everywhere model to guide the distribution of its television content online. The agreement between the companies will make it possible for Comcast customers to access programming from Turner Broadcastings award-winning entertainment networks free online and on demand. In addition, Comcast announced it will begin a national technical trial of its On Demand Online service in July carrying programming from Time Warners Turner networks TNT and TBS.

[09:57] {Threei} stop is still under .50, trying to exit last portion above .80

[09:57] {magoo} ty rimm vad

[09:57] {magoo} out .67

[09:57] {ese} dino....you still in that JPM trade or are you out

[09:58] {tomg} ty rimm vad

[09:58] {Threei} magoo, tom :)

[09:58] {ese} daaaaaa......missed the pullback on it.....shouldn't have ben typing

[09:59] {Threei} MGM... can you or can you not?

[09:59] {dino} in it

[09:59] {ese} out drys .81

[09:59] {ese} even

[10:00] {dino} 34 feels like

[10:00] {ese} better trade than drys

[10:00] {Threei} MAY NEW HOME SALES: 342K V 360KE (% M/M)

[10:00] {dino} i prefer tbsi over drys use drys as tell

[10:01] {Threei} ABMD Announces First FDA-Approved AbioCor Implant at UMDNJ-Robert Wood Johnson Medical School and Robert Wood Johnson University Hospital (8.44, 0.24, 2.93%)

[10:02] {Threei} - Median sales price: $221,600 v $212,600 m/m

[10:02] {Threei} NVAX Preclinical Proof-of-Concept Studies Published for Novavax Seasonal Influenza Virus-Like-Particle Vaccine (2.53, 0.13, 5.42%)

[10:02] {ese} does it always trade that thin TBSI

[10:03] {Threei} too bad home numbers didn't help... RIMM weas ready to blast off

[10:03] {magoo} still can

[10:03] {Threei} yeah but I am no longer in

[10:03] {magoo} after thru with fed we gonna get high high

[10:04] {Threei} MGM, trailing to under .50

[10:05] {cosmo} DRYS hod = 5.90 fwiw

[10:06] {Threei} out last piece MGM

[10:06] {Threei} +.30

[10:06] {BillyD} nice one

[10:06] {dino} no es

[10:06] {Threei} 3 for 4 so far

[10:06] {magoo} OY

[10:06] {magoo} dont do that..jinx it

[10:06] {Threei} did I get you off my back mags?

[10:06] {magoo} i want 9 of 10 today

[10:07] {Threei} sigh

[10:07] {magoo} hey..it worx as motivator ..see

[10:07] {BillyD} ORCL, MGM, RIMM...what was 4th one

[10:07] {magoo} in all fairness, i do have a G..TY

[10:08] {Threei} there was no 4th one Billy... I was just trying to relieve pressure by magoo

[10:08] {BillyD} lol

[10:08] {Threei} :)

[10:08] {magoo} aapl was 4th

[10:08] {magoo} off rimm call

[10:08] {Threei} by a proxy

[10:09] {Threei} lol

[10:09] {magoo} alot of times he call rimm i take both

[10:09] {ese} markets made up it's mind it's going up...regardless of new home sales

[10:09] {Threei} ORCL... don't remember it holding gap that persistently

[10:11] {dino} titn sm l .74

[10:13] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 10:30amET

[10:13] {Threei} **consensus expectations:

[10:13] {Threei} Crude: -1.2Me

[10:13] {Threei} Gasoline: +1.3Me

[10:13] {Threei} Distillate: +800Ke

[10:13] {dino} snda sm l .00 trig

[10:13] {dino} giddy-up

[10:14] {dino} shld stop to .90

[10:15] {Threei} RJET woke up... grr

[10:15] {dino} to .99

[10:17] {dino} out shld .30, +.80

[10:17] {ese} in your opinion vad....whats drvin the market....end of the month buying?

[10:18] {Threei} "frankly my dear...."

[10:18] {Threei} :)

[10:18] {dino} -7% in 3 days, imo

[10:18] {ese} gotcha!

[10:19] {level777} whats a pb price for MGM?

[10:19] {dino} dltr stop to .90

[10:19] {ese} reason iwas asking is i'm still stalking a swing long position with intc at .30

[10:20] {dino} -7 in 8 days i mean

[10:20] {Threei} 6.60 mostl likely... but it doesn't show much willingness to pull back

[10:20] {dino} es no swings in summer

[10:20] {ese} huh...really?

[10:20] {dino} i have paid dearly for them

[10:21] {dino} summers' scalp time imo

[10:21] {ese} hadn't heard that adage

[10:21] {ese} not even for a couple of days

[10:21] {ese} overnight?

[10:21] {Threei} talking heads though have this expression I've never understood : summer rally

[10:22] {Threei} as if we have one each summer

[10:22] {dino} overnight ok, but .....

[10:22] {dino} sell in may and go away

[10:23] {ese} intc.30 would be break of 7 day high.....thought that that would help it go a litle

[10:23] {ese} have heard the sell in may line for sure

[10:23] {dino} in general summers are strange. of course we are living in strange times

[10:24] {Threei} that one is plenty silly to me too, ese

[10:24] {ese} agreed....

[10:24] {Threei} just general human desire for simple solutions

[10:25] {Threei} anyone ever made any money using this kind of adages?

[10:25] {Threei} sell each May

[10:25] {Threei} whatever else they recommend

[10:25] {dino} no

[10:25] {ese} no

[10:26] {Threei} US Rep Frank (D): US House panel to evaluate a consumer protection agency in July

[10:26] {Threei} hurry barney, before they protected us to death

[10:27] {dino} but seriously, summers are different

[10:27] {dino} snda to flat stuck

[10:28] {dino} out snda .10, +.10 pullback

[10:28] {dino} lol, barney. the mother society coming, people can't figure anything out, they need rules

[10:29] {Threei} of course dino

[10:29] {dino} in the end the govt doesn't want you to think

[10:29] {Threei} think of it: we are that stupid that may even smoke flavored tobacco

[10:29] {Threei} how could governemtn stay away and not jump in to help us make smart decisions

[10:30] {dino} personal responsibility out the door

[10:30] {Threei} DOE CRUDE: -3.87M V -1.2ME; GASOLINE: +3.87M V +1.3ME; DISTILLATE: +2.08M V +800KE

[10:30] {dino} dltr to .00

[10:30] {BillyD} Vad, any read on RJET yet

[10:30] {Threei} I wish

[10:31] {BillyD} I am trying to keep from manufacturing one

[10:31] {dino} call barney, he'll give you one

[10:31] {dino} out dltr slip, .95, +.45

[10:32] {Threei} there are local politicians here who insist on ban on drive-through, our of emissions concern during engine idling

[10:32] {Threei} I love their reasoning:

[10:32] {Threei} we understand convinience is nice but it's not absolutely necessary

[10:32] {Threei} I suggest these guys to throw out their TVs

[10:32] {Threei} they are not absolutely necessary

[10:33] {Threei} so by their logic must be discarded

[10:35] {BillyD} if RJET can hold 7 area, then B/O worth a shot with some tension

[10:35] {dino} burn 'em all ike

[10:36] {Threei} oil moving up makes it questionable, Billy

[10:36] {Threei} RJET is sensitive to oil

[10:36] {BillyD} makes sense, thanks...plus it needs more tension

[10:36] {ese} I'm also looking at the 16.50 mark for intc....if it gets there this would be the fourth time bumping up against it.......and if it gets through that should propel it up quite significantly

[10:36] {Threei} yeah, tough one really

[10:36] {level777} MGM drop

[10:37] {Threei} looks temtoing, and chart looks right

[10:37] {Threei} but can turn into trap with horrifying speed

[10:37] {Threei} watching it L7

[10:37] {BillyD} it is alluring to impulsive decision....lol

[10:39] {dino} hmmm, not sure what bd is watching

[10:40] {Threei} RJET dino

[10:41] {dino} jpm stop to flat

[10:42] {dino} 8.20s resistance

[10:43] {dino} doesn't make sense, buyout and they are the buyer

[10:43] {dino} break of 7?

[10:44] {Threei} really can't tell

[10:44] {Threei} tempting

[10:44] {dino} rather higher

[10:44] {Threei} double top

[10:44] {Threei} second one made on lower volume

[10:44] {BillyD} was thinking .12 or.13 earlier worth a shot

[10:44] {dino} waiting around 8

[10:45] {Threei} so... technically speaking yes, 7 break is short

[10:45] {Threei} but this thing is not very technical

[10:45] {dino} problem is how much, to 6.80ish?

[10:46] {dino} "there are better worlds than this" imo

[10:46] {Threei} yeah

[10:47] {dino} another buck i like it short

[10:47] {dino} lorl 3i?

[10:47] {dino} or oxgi?

[10:48] {dino} lotrl too thin

[10:48] {Threei} LORL no idea

[10:49] {dino} jpm hod es

[10:49] {Threei} OGXI had news

[10:49] {Threei} OncoGenex Pharmaceuticals, Inc Completes Amendment to Phase 3 Special Protocol Assessment

[10:49] {Threei} - Co has reached an agreement with the U.S. FDA via the special protocol assessment process (SPA) on an amendment to the design of a Phase 3 registration trial of OGX-011, its lead product candidate targeting castrate resistant prostate cancer (CRPC).

[10:49] {Threei} - The FDA has agreed on modifications to the study population of a previously reviewed Phase 3 trial featuring survival as the primary endpoint.

[10:49] {Threei} - The study population has been modified to evaluate patients receiving first-line chemotherapy, rather than those receiving second-line chemotherapy. FDA agreed that the amended protocol adequately addresses the objectives necessary to support a regulatory submission.

[10:51] {dino} jpm to .80

[10:53] {Threei} MGM bounced right off .60, but did it with such flat pace, was really tough to nail entry

[10:59] {dino} out jpm +.30

[10:59] {Threei} .short rimm .10

[10:59] {Threei} Short Setup: RIMM .10

[11:00] {Threei} if stays under .25

[11:01] {dino} wxs

[11:01] {BillyD} every futures uptick these stocks jump one way or the other

[11:03] {dino} sm l wxs .49

[11:07] {Threei} OGXI Rodman & Renshaw maintains Outperform rating, price target $32 (timing uncertain) (22.09, 2.67, 13.75%)

[11:08] {dino} hmmm

[11:10] {BillyD} Vad, does RIM seem a bit stronger than mkt overall

[11:10] {BillyD} RIMM

[11:10] {Threei} hard to tell... maybe a tad, but could also be just violatility

[11:11] {vinod} short setup for rimm still good?

[11:11] {Threei} no, went above the invalidating level

[11:11] {Threei} gotta hunt fkor a new one

[11:12] {vinod} ty

[11:12] {Threei} .25 became a short trigger now

[11:12] {Threei} with .40 being invalidating level

[11:12] {Threei} Short Setup: RIMM .25

[11:13] {Threei} (US) Senate Report: US healthcare insurers underpay claims

[11:17] {Threei} if feel very stingy, trail stop to above .35 on RIMM

[11:17] {vinod} in RIMM

[11:19] {dino} wxs stop is .09 fwiw

[11:21] {dino} stopped

[11:23] {BillyD} 1st cover area on RIMM?

[11:23] {BillyD} under .10

[11:23] {Threei} near .10

[11:24] {Threei} and stop is above .35 for everyone now

[11:24] {Threei} any trade under .14, trail to above .30

[11:25] {Threei} there

[11:25] {Threei} risk becomes negligible here

[11:25] {Threei} 1:1, covering half... scalpers know what to do

[11:25] {BillyD} good...out 1/2

[11:27] {vinod} cover 72.09

[11:27] {BillyD} out rest ty

[11:27] {Threei} 1:2, cover 1/4 more

[11:27] {vinod} little scary for me with 2k

[11:28] {BillyD} where is your stop on RIMM now ...over .10

[11:28] {Threei} .15

[11:29] {Threei} gotta account for its natural volatility

[11:29] {BillyD} you are right

[11:29] {BillyD} it is a cleaner level

[11:33] {Threei} was it a thing of beauty or what

[11:33] {BillyD} yeah....it disconnected a bit from mkt

[11:34] {BillyD} with it's upticksa

[11:34] {Threei} MSFT CEO: Advertisitng by MSFT is a $2B business, predicts there will be "no newspapers in the future"

[11:34] {Threei} {newspapers} we predict there will be no MSFT in the future

[11:34] {Threei} predicts there will be "no newspapers, magazines or TV in the future"

[11:35] {Threei} will there be future?

[11:35] {BillyD} TV would be tough

[11:35] {Threei} cosmo, don't answer

[11:37] {BillyD} you trying for under .90 on you last partial RIMM

[11:37] {Threei} I guess

[11:37] {Threei} will sewe how it goeas

[11:37] {nemo} SO! you folks been cleaning up this morning???

[11:38] {Threei} yes, and we hurried to get it all before you get back

[11:38] {nemo} Yeah, sounds like you when you have to share vodka

[11:39] {Threei} I am not big on sharing

[11:39] {Threei} don't know why some make it such a priority

[11:43] {Threei} come on RIMM

[11:43] {Threei} give me sharp drop

[11:44] {BillyD} vad, look at TROW as short here if mkt drops for scalp

[11:45] {Threei} with market help, should work

[11:45] {nemo} I realize I'm thinking, but heading into lunch with the FOMC announcement coming seems like a recipe for, "Hurry up and wait"

[11:45] {BillyD} mkt help is key

[11:46] {Threei} RIMM 1:3

[11:46] {dino} wxs break of .50 last try

[11:46] {nemo} where'd you enter?

[11:46] {Threei} 72.25

[11:47] {nemo} oh, happy day :)

[11:47] {BillyD} nice RIMM read Vad

[11:47] {dino} you da man vad

[11:47] {Threei} I am certain I am no da woman

[11:48] {vinod} :(

[11:48] {Threei} not sure why it upsets you vinod {G}

[11:50] {Threei} SEC votes 5-0 on proposed money market fund rules

[11:50] {dino} lol

[11:50] {Threei} OK, enough is enough

[11:50] {Threei} I am out RIMM in full here

[11:50] {Threei} +.50

[11:51] {vinod} i am upset we sold too early

[11:51] {vinod} i sold

[11:51] {dino} mtmc

[11:52] {vinod} it was one trade 1k day

[11:53] {nemo} nice out on RIMM, running into that hammer support around 10:30

[11:54] {dino} gj vin

[11:54] {dino} ugh snda

[11:55] {nemo} yeah, look how fast it moved up

[11:55] {Threei} FLIR CEO: Military sales could exceed commercial sales; on track to reach annual sales forecasts (22.16, 0.14, 0.64%)

[11:58] {vinod} ORCL good to shoer?

[11:58] {Threei} why?

[11:58] {BillyD} RJET short .79 w/ .90 stop..any thoughts

[11:59] {Threei} all it did today was go up, and it exhibits no sign of letting up

[11:59] {BillyD} in rjet short

[12:00] {Threei} Warren Buffet: Not worried about deflation 'at all'; the economy has been "pretty flat," not seeing any bounce - CNBC

[12:00] {Threei} - Things are "in shambles" this year, will likely stay that way for some time to come.

[12:00] {Threei} - Strongly endorses Fed Chairman Bernanke, believes he should be reappointed for another term.

[12:00] {Threei} - Sees WFC as having 'dramatic' earnings potential with or without TARP (note Buffett has a stake in the compay)

[12:09] {ese} cya in about an hour.......still waitin on intc.......patience, patience...i smell money here

[12:09] {dino} remindes me of bill groos talking his book

[12:09] {ese} i mean patience as in go slow....not patience's handle

[12:10] {dino} sure ya did

[12:12] {patience} :)

[12:19] {Threei} is theree any life out there?

[12:19] {Threei} Mars?

[12:19] {nemo} hi

[12:19] {Threei} Saturn?

[12:19] {level777} mgm nose dive

[12:19] {Threei} see? no life in Las Vegas

[12:20] {BillyD} now RJET

[12:20] {Threei} or in the skies

[12:22] {dino} don't say that to wynn +2.33

[12:22] {BillyD} Vad, any thoughts on tighteneing my stop on RJET....short at .79 with stop of.90

[12:23] {Threei} it's kind of still there

[12:23] {Threei} nothing happened

[12:23] {BillyD} except time passing

[12:32] {Threei} Preview: Treasury's $35B 5-year note auction results due just after 1PM ET

[12:32] {Threei} - $35B auction size is unchanged from last two auctions

[12:32] {Threei} - prior bid-to-cover ratio 2.32 with an average of 2.16 over the last 10 auctions

[12:32] {Threei} - indirect bidders took 44.2% of competitive bids at last auction

[12:32] {Threei} - with 44.9% alloted at the high at last auction

[12:32] {Threei} - When Issued notes currently offer a yield roughly 3 basis points above the cash market at 2.69%

[12:38] {magoo} MON crushed

[12:39] {dino} lowered guidance and revs. light

[12:40] {BillyD} out RJET -.13

[12:43] {dino} wxs stop to b/e

[12:43] {dino} crtx spike

[12:44] {dino} ndx, s/p going to fill open gap? lately on up gaps they have been

[12:46] {dino} mon maybe looking to march lows

[13:01] {dino} myrg

[13:01] {Threei} TREASURY'S $35B 5-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.58 V 2.32 PRIOR AND 2.16 AVG OVER THE LAST 10 AUCITONS

[13:02] {Threei} indirect bidders take 62.8% of competitive bids

[13:02] {nemo} no reaction yet

[13:03] {nemo} a bit muted on this auction so far

[13:04] {magoo} we in anything vad??

[13:04] {dino} am

[13:04] {nemo} coma

[13:04] {Threei} in coma

[13:06] {dino} am seems a bit much

[13:07] {KSystems} hi :)

[13:07] {Threei} KS :)

[13:07] {Threei} L7... KS is the guy to ask about that weird nick message

[13:08] {KSystems} i am innocent

[13:08] {Threei} you all say that

[13:19] {level777} anybody following YRCW?

[13:19] {nemo} you

06[13:19] * level777 slaps nemo around a bit with a large trout

[13:19] {nemo} boy learns quick

[13:20] {nemo} l7...look at my name...be careful with trout...it is somewhat fratricidal to me...could be psychologically quite damaging

[13:22] {level777} all they had was trout, no sledgehammers available

[13:22] {dino} out wxs .75, +.25

[13:22] {nemo} actually there is, last option, then place your weapon of choice in the box...eg

06[13:23] * nemo slaps level777 around a bit with a large copy of Reality Trader Trading Room Etiquette

[13:23] {nemo} or

06[13:23] * nemo slaps level777 around a bit with a large chain mace

[13:23] {dino} am sm s .14

[13:25] {ese} back....howsssszit goin

[13:25] {nemo} dino...where stop

[13:26] {nemo} in coma ese...waitin' on FOMC

[13:28] {level777} wow, i saw MTMC at 2.50 and said.too illiquid

[13:28] {dino} .44

[13:28] {ese} when do they report nemo?

[13:29] {nemo} 2:15

[13:31] {nemo} I love this, sequential headings on news aggregator: "Oil rises above $69" "Oil falls ahead of Federal Reserve Statement"

[13:32] {dino} mtmc continues

[13:32] {dino} opps

[13:34] {dino} potential over years = $40 million

[13:37] {level777} MTMC getting run up on appx 1 mil shares outstanding on contract nbews...however, there are 30+ mil preferred outstanding..dont think many are aware or what the copnversion might be

[13:38] {Threei} SPEX...

[13:39] {Threei} Wednesday, June 24, 2009 1:01:40 PM

[13:39] {Threei} *TREASURY'S $35B 5-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.58 V 2.32 PRIOR AND 2.16 AVG OVER THE LAST 10 AUCITONS

[13:39] {Threei} - indirect bidders take % of competitive bids

[13:39] {Threei} - notes draw % with % alloted at the high

[13:39] {Threei} oops, wrong one

[13:39] {Threei} Wednesday, June 24, 2009 1:26:25 PM

[13:39] {Threei} Spherix Inc Announces Positive Phase 2 Study Results

[13:39] {Threei} - Preliminary Data Demonstrates Reduction of HbA1c Levels With Doses an Order of Magnitude Lower than the Dose Used in the Current Phase 3 Trial.

[13:40] {Threei} BAC Reportedly e-mail document sent by the Fed's Lacker states "management is gone" if BoA tried to call off its deal with Merrill - unconfirmed report

[13:40] {Threei} - the e-mail reportedly refers to a conversation about BoA management with Fed Chairman Bernanke

[13:40] {Threei} hello comrade Stalin

[13:41] {Threei} here is a little story from Russian history, you'll enjoy this one

[13:42] {Threei} legend goes, the factory manifacturing mathces weas infamous for a very low quality of the product

[13:42] {Threei} not having much to choose from people had to buy their matches

[13:42] {Threei} complaints grew louder, and at asome point reached Stalin's ears.

[13:43] {Threei} Director of the factory was summoned

[13:43] {Threei} visit to Stalin by itself was not a small occassion as you can imagine

[13:43] {Threei} and the guy wasn't even topld what it was about

[13:44] {Threei} He was ushered in the office,

[13:44] {Threei} Stalin sat at his desk reading some document and making remarks on the margin,

[13:45] {Threei} never raising his sight at poor guy, never speaking to him, at some point in dead silence he grabbed his smoking pipe

[13:45] {nemo} hehehehe

[13:45] {Threei} picked up matches manufactured by this factory

[13:45] {Threei} and started trying to ignite them.

[13:46] {Threei} 3 or 5 got broken not giving fire

[13:46] {Threei} Stalin sighed, put the pipe down on the desk and continued working

[13:46] {Threei} no single word, no eye contact

[13:46] {Threei} message was sent and heard :)

[13:47] {Threei} heads rolled, quality of the product was fixed in a matter of days

[13:48] {Threei} Preview: FOMC rate decision and statement due out at around 2:15pmET

[13:48] {Threei} **The FOMC is expected to hold rates steady at 0.25% again today, though speculation has begun to circulate that the Fed could modify its statement to clarify that, while it is thinking about exit strategies, it does not expect to raise rates any time soon. Currently Fed Funds Futures show a 36% chance of a rate hike by the end of 2009. The FOMC may also need to address its asset purchase program in today's statement, as it has already gone through over half of the current $300B allocation, and is on track to reach the full target some time in August or September. With the next FOMC meeting not until August, the Fed will likely need to use either today's statement or Bernanke's semiannual policy testimony in July to outline the Fed's future plans for asset purchases.

[13:50] {Threei} MTMC Halted; news pending (5.26, 3.87, 278.42%)

[14:00] {Threei} (US) Reportedly California will issue IOUs if there is no budget resolution

[14:00] {nemo} The Wimpy strategy

[14:01] {BillyD} Govt IOU's a bit scary

[14:01] {level777} no, Wimpy would issue an IOU tomorrow, for a hamburger today

[14:01] {BillyD} Vad, did it get like that when uou left Russia

[14:02] {BillyD} or govt gave you nothing to begin with

[14:02] {Threei} lol

[14:02] {Threei} it's not really a valid comparison

[14:02] {BillyD} two different worlds entirely

[14:03] {Threei} dictatorship vs democracy... private business based society vs centralized goverment-run economy

[14:03] {Threei} too deep divide

[14:03] {dino} lol l7

[14:03] {Threei} while one certainly can find a lot of similarities, those are either superficial

[14:04] {Threei} or simply based on the fact that human beings are human beings in any country

[14:04] {level777} dino, if you know what I meant by that post, you must be as old as me :)

[14:04] {Threei} I mean, if I had to compare the % of idiots in both societies, I wouldn't be able to tell the difference {G}

[14:04] {BillyD} lol

[14:05] {BillyD} it begins to somewhat diferentiate from that baseline

[14:06] {Threei} yeah

[14:06] {Threei} 9 min to non-event

[14:07] {dino} 44 l7, popeye

[14:07] {dino} whimpy

[14:08] {level777} thats it

[14:09] {dino} classic

[14:09] {level777} the unfortunate part is, im older than you :(

[14:10] {Threei} I can imagine worse situation

[14:10] {Threei} imagine someone who is as old as you are but stpid:

[14:11] {Threei} stupid

[14:11] {Threei} all the age problems with no advantages??

[14:11] {level777} i dont know it thats making me feel better

[14:11] {Threei} sorry... I tried :)

[14:11] {level777} as old as i am? hmmm

[14:11] {Threei} okay... as young

[14:12] {level777} ah, better

[14:13] {Threei} everyone is sooo fragile, I am scared to use trout anymore

[14:13] {Threei} walking on eggshells here

[14:13] {Threei} nemo seems to be the last one I can abuse with no fear of breakming him

[14:13] {level777} i take offense to that

06[14:13] * Threei slaps nemo around a bit with a large 35 lb scorching hot iron

[14:14] {level777} wow

[14:14] {ese} whooaaaaaouch!

[14:14] {Threei} see} he didn't even blink

[14:14] {dino} pretty thick skin here

[14:14] {ese} well ....sometimes discipline just has to be metted out.......

[14:14] {Threei} wait... maybe because he is uncosncious

[14:14] {Threei} 1 min

[14:14] {dino} did not grow up under rah rah regime

[14:15] {dino} he'll be late

[14:15] {Threei} non-event, AND late?

[14:15] {Threei} lol

[14:16] {dino} up down up

[14:17] {Threei} fashinably late

[14:17] {Threei} +o

[14:18] {nemo} huh? what? felt like a bug landed on my shoulder....maybe it was an acorn

[14:18] {Threei} unchanged

[14:18] {nemo} there goes fcx and tck

[14:18] {Threei} FOMC LEAVES RATE UNCHANGED AT 0.25%

[14:18] {Threei} amount of asset purcahses unchanged, target rate to be at low end for extended period

[14:19] {nemo} now on the down elevator

06[14:19] * nemo slaps Threei around a bit with a large copy of Das Kapital

[14:19] {BillyD} my L2 froze

[14:19] {nemo} up elevator on fcx

[14:19] {Threei} Financial markets have generally improved

[14:19] {Threei} - Consumer spending stabilizing,

[14:19] {nemo} at 0

[14:20] {nemo} how long can that keep up as people get fired

[14:20] {nemo} fcx down elevator again

[14:20] {nemo} dramamine please

[14:20] {dino} i was wrong, down 1st

[14:21] {Threei} whole lot of nothing came very fast

[14:21] {ese} wah wah wah???? is the market up....or is it down......

[14:22] {Threei} lol CNN

[14:22] {nemo} move along, nothin' to see here, just some Raven pickin' at corpses

[14:22] {Threei} Fed say things seems to be worsenining more slowly or getting more wose less fast

[14:23] {ese} qqqq big swings

[14:23] {dino} tbt spike

[14:24] {nemo} did that on the last couple of fomc meetings too, I think

[14:24] {ese} well that should mean canadian interest rates will basically stay the same so my mortgage payments will still be low

[14:24] {Threei} pretty much

[14:25] {ese} can invest more in Vad???

[14:25] {nemo} see if tbt breaches today's high...went right to it and is backing off a tad

[14:26] {BillyD} dino, you think yourAM would have dumped a little

[14:26] {ese} qqqq ...that isn't a candle stick chart.....it's stripes

[14:26] {dino} i thiyght so, dead $

[14:27] {dino} thought

[14:28] {dino} bstop tighten to .26

[14:28] {dino} needs to break .00

[14:28] {BillyD} yes

[14:28] {BillyD} getting closer

[14:28] {dino} i should say; "i need it to break .00"

[14:29] {dino} tear down that wall

[14:30] {BillyD} everything jumps so much it is hard to get solid setup

[14:30] {Threei} there is none

[14:30] {Threei} stays on a sideline

[14:31] {Threei} let those who must trade every second get chewed up and spat out

[14:31] {dino} am bstop to b/e

[14:31] {dino} dji gap filled

[14:33] {nemo} How in tarnation do you trade that ekg...look at fcx, tck, rimm

[14:34] {Raven} careful

[14:36] {nemo} about my earlier comment Raven :) or the one immediately preceing?

[14:36] {nemo} preceding

[14:37] {Raven} the earlier one ...

[14:37] {nemo} Oh...brief aside: Raven...what specific optics do u use birding?

[14:38] {Raven} I have several ... 8x40 binos and 10x40 too

[14:38] {nemo} specifically...I'm an optics snob

[14:38] {Raven} 20-60 power scope

[14:38] {nemo} spotting scope?

[14:38] {Raven} yup

[14:38] {dino} i have the only short that doesn't drop

[14:39] {BillyD} lol....

[14:39] {nemo} Nikon, Bausch & Lomb, Swarovski, Leica, Kahles

[14:39] {nemo} ?

[14:39] {BillyD} it kinda makes you feel singled out

[14:39] {Raven} scope is Bushnell ... bino's Bushnell and Zeiss

[14:40] {nemo} Bushnell...the elites?

[14:40] {nemo} Zeiss...Schott Glasswerk, nice stuff

[14:41] {Raven} yes but my Zeiss ate 25 years old and the lenses on my throw away Bushnell almost a good

[14:41] {nemo} less accent with the Zeiss

[14:41] {Raven} the Bushnell binos cost $105 ... rofl

[14:41] {dino} am covered flat

[14:42] {nemo} I find at about $900 is where it becomes difficult to tell the difference, below that, I see differences in optics...best I've seen in that range are Nikon...although have Bushnell Elite scope

[14:43] {Raven} I will check the cheapie model ... brb

[14:44] {ese} sell off to clear out weak hands???

[14:44] {nemo} SON

[14:44] {ese} or are we actually headed down

[14:45] {Raven} Bushnell Nature View 8x42 ... was $105 delivered last year

[14:45] {nemo} What state are you in Raven?

[14:45] {Raven} Michigan

[14:45] {ese} now were headed up ...... well i can officially tell you that i can't trade this type of market.....have no f^%$%$ idea

[14:46] {nemo} Any Cabelas or Bass Pro shops around you?

[14:47] {Raven} Cabelas two hours east

[14:49] {BillyD} Vad, do you trade the ETF's like EDZ etc and is there a way to eliminate them from scanner

[14:49] {nemo} A bit far...If you haven't already, and you get a chance, they'll have a large selection from cheap to expensive...Spend some time at the counter and, if you can, look at camoflage clothing at a distance. Low contrast differentiation, espcially in low light is where the differences really show up. Usually the optics counter is in the middle of the Cabela's store.

[14:50] {Threei} not sure about elimination billy

[14:50] {BillyD} I don't see a way

[14:50] {Threei} wouldn't want to ban whole exchange

[14:51] {BillyD} no

[14:51] {Threei} although AMEX is not very valuable exchange

[14:51] {BillyD} I just have NYSE and NASDAQ selected

[14:52] {Threei} there was time when almost all ETFs traded at AMEX

[14:52] {Raven} I will try that sometime ... spend a hour or so endearing meself to clerk ... and buy nothing

[14:52] {Threei} ARUN

[14:58] {dino} jpm sm l .40

[14:59] {nemo} happens all the time Oh winged one

[14:59] {Raven} yes

[15:00] {nemo} Besides..maybe you'll be struck by the difference, and go, "What the Hell...can't take it with me anyway."

[15:01] {Raven} lol ... I have made comparisons ... so not likely

[15:01] {nemo} then again...maybe not

[15:01] {vinod} one more trade before close?

[15:03] {Threei} if it comes around

[15:03] {vinod} i am still upset about RIMM

[15:03] {Threei} it's not like I have them but don't share :)

[15:03] {dptl} have a good evening all

[15:03] {Threei} take care dp

[15:03] {BillyD} cya dp

[15:03] {vinod} just kiding

[15:03] {ese} cya dp

[15:04] {dino} cya dp

[15:09] {dino} dji broke yesterdays' lod

[15:09] {nemo} Rimm heading towards .60 breakdown?

[15:10] {Threei} ummm... yes? :)

[15:10] {nemo} lotta' air under there

[15:15] {nemo} big volume spike on that green candle

[15:16] {ese} what makes sense here dow to 8000

[15:16] {ese} or bounce with low interest rates

[15:17] {dino} 8016 gap es

[15:17] {dino} then 7776, 7273, 6547

[15:18] {ese} not seeing that gap.......what day was that dino

[15:18] {dino} 4/28, 4/2, 3/20, 3/9

[15:20] {dino} on other side 8799; 3/12

[15:20] {dino} 6/12 i mean

[15:22] {ese} hmmmmm gotta think about different charts.....my daily charts arn't showing some of those

[15:23] {dino} i could be wrong

[15:23] {ese} were talking about the "indu" right?

[15:23] {ese} theres gaps all over my s&p and naz charts

[15:24] {dino} yes

[15:25] {dino} i have 1361,1252,1187,1043 ndx

[15:25] {dino} 855,811,768,676 s/p

[15:25] {dino} 8799,1489,946 6/12

[15:26] {dino} 1471, 920 6/19

[15:26] {ese} hmmmmm for instance a biggie on my COMP is 10/03/08 that needs to be filled to the upside...to me that would take priority

[15:26] {dino} it very well may, :)

[15:28] {dino} i suppose depends on recovery, a "v" or "w". i'm in "w" camp

[15:29] {nemo} what about a \/\_________

[15:30] {vinod} it is going to be V=V=W

[15:30] {ese} i'm in w camp with shallow pullback

[15:30] {vinod} V+V=W

[15:30] {ese} comp to me is looking like huge cup and handle

[15:31] {dino} prefer a beer mug

[15:31] {ese} the dow on the other hand doesn't......could head down to 7500 for head and shoulders botom

[15:36] {vinod} have a nice evening to all

[15:37] {Threei} take care vinod

[15:37] {dino} cya vin

[15:37] {ese} cya vin

[15:38] {ese} and still stalking intc .30

[15:39] {wulff} is there some higher trading math I missed?

[15:39] {dino} indeed

[15:39] {dino} pnra sm l .10

[15:40] {dino} 3:40

[15:45] {dino} rbcn

[15:47] {ese} i'm outta here also........take care see ya tomorow

[15:47] {Threei} take care ese

[15:47] {nemo} cuese

[15:47] {dino} cya es

[15:48] {dino} ugh snda, 3 pts over my exit

[15:52] {wulff} yeah. I sold into strength!

[15:52] {wulff} I love what you said.

[15:53] {wulff} hat else are you going to sell into?

[15:53] {Threei} right

[15:53] {Threei} sell peanuts when there is a circus in the town

[15:53] {wulff} still hard to remember and not get greedy

[15:53] {Threei} because when cirus leaves who are you going to sell peanuts to

[15:54] {Threei} or "feed them when they are quacking"

[15:56] {BillyD} ARUN...everyday on scanner but due to chart can't bring myself to trade it

[15:58] {Threei} we traded it couple times

[15:58] {Threei} today is tough

[15:58] {wulff} RIMM loks to Breakout . too bad

[15:58] {Threei} will look at it tomorrow again

[15:59] {Threei} okay guys

[15:59] {Threei} thank you all

[15:59] {BillyD} AM strong as an ox

[15:59] {Threei} nice day eve though second half was blah

[15:59] {Threei} have a good evening, see you tomorrow

[15:59] {Alw} ty

[15:59] {BillyD} cya

[15:59] {dino} out jpm +.07

[15:59] {Threei} (US) Reportedly, California's bill to cut $11B in spending did not pass (related MUNIS )

[15:59] {Threei} IOU it is

[16:02] {dino} gotta hop, golf. gn all

Jun 23 2009

Activity is still low but we got couple very nice bounces on CAT and HIG. Looking at CAT entry in retrospect, $32.20 was as good as it gets.

Session Time: Tue Jun 23 00:00:00 2009

[08:03] {Threei} LVLT Selected by IUSACELL for High-Speed IP Services

[08:03] {Threei} - Under the terms of the three-year agreement, Level 3 will provide high-speed IP services for Iusacell to transport data services within the U.S. via the Level 3 network gateway in south Texas

[08:03] {Threei} - Financial terms not dislcosed

[08:03] {Threei} ASIA Wins Tender to Build New Billing System for Beijing Mobile (18.01, 0.00, 0.00%)

[08:04] {Threei} CLNE Awarded 10 yr contract to build and operate a compressed natural gas (CNG) fueling station by Choice Environmental Services (7.89, 0.00, 0.00%)

[08:05] {Threei} - Co will begin to deploy a new fleet of clean-burning CNG refuse trucks to serve the City of Fort Lauderdale.

[08:05] {Threei} - The companys Florida service area includes Palm Beach, Broward, Collier and Dade Counties.

[08:05] {Threei} - In addition to Fort Lauderdale, Choices customers include the Miami-Dade County School District, one of the nations largest. The new private Clean Energy time-fill CNG fuel station will be located on property owned by Choice in Pompano Beach. The waste and recycling firm is the first in South Florida to convert a portion of its operations to natural gas fuel use.

[08:06] {Threei} BLTXX Baltic Dry Bulk Index -3.8%, (third straight decline

[08:13] {Threei} (US) Former Fed Governor Mishkin: No need to balance the budget right now, but fiscal discipline is needed in the long term

[08:13] {nemo} define long term?

[08:13] {Threei} {Former Fed Governor Mishkin} somewhere beyind our lifetime

[08:14] {nemo} so 2012

[08:21] {level777} mtxx tank on sec inquiry

[08:22] {Threei} as if previous troubles were not enough eh

[08:32] {Threei} OPTV Powers Digital Cable Launch in China (1.25, 0.00, 0.00%)

[08:33] {Threei} Co has launched an end-to-end middleware solution for Southern Yinshi Network Media Ltd, a subsidiary of Southern Media Corporation, one of Chinas leading broadcasting groups. Southern Yinshi is responsible for the digital conversion of 18 municipal and city cable networks of Southern Media Corporation.

[08:33] {Threei} - The end-to-end solution, powered by OpenTV Core2 middleware, enables one of the most comprehensive digital cable offerings in China featuring a variety of enhanced services including: a user interface, an interactive mosaic, as well as weather and customer care applications.

[08:33] {Threei} - The solution has initially launched with Southern Yinshi in the Yangjiang municipality of the Guangdong province.

[08:36] {Threei} BSX

[08:36] {Threei} Boston Scientific Corp MADIT-CRT Trial Meets Primary Endpoint

[08:36] {Threei} - University of Rochester Medical Center today announced that the landmark MADIT-CRT trial has met its primary endpoint. Preliminary results show Boston Scientific cardiac resynchronization therapy defibrillators (CRT-Ds) to be associated with a significant 29% reduction (p=0.003) in death or heart failure interventions when compared to traditional implantable cardioverter defibrillators (ICDs). High risk(1), asymptomatic or mildly symptomatic, New York Heart Association (NYHA) Class I and II(2) patients were enrolled in MADIT-CRT.

[08:37] {fernp} good morning everybody

[08:37] {Threei} fern :)

[08:42] {Threei} quite questionable attempt by market to gap up

[08:42] {nemo} looks very weak

[08:45] {Threei} BAC Announces Common Stock Average Price for Exchange Offer (11.94, 0.00, 0.00%)

[08:45] {Threei} 12.7048

[08:46] {Threei} keeping an eye on BSX

[08:46] {Threei} 10-10.10 is significant resistance area to break

[08:46] {level777} lots of sellers 9.90+

[08:47] {Threei} yup

[08:47] {Threei} if capable of digesting it and breaking, could be a good one

[08:54] {Threei} ACUR Halted: Receives Prelim Review Letter from FDA Regarding Acurox; does believe will receive approval on PDUFA date

[08:57] {level777} bsx over 10

[08:58] {nemo} C&H

[09:00] {Threei} honestly trying

[09:00] {Threei} on daily 10.08 is high probed twice recently

[09:01] {Threei} initial spike earlier today took it to 10.20

[09:02] {Threei} BA *POSTPONES 787 FIRST FLIGHT (46.90, 0.00, 0.00%)

[09:04] {Threei} RU) Russian economy to shrink by 11% in May - IFX

[09:04] {vinod} GM

[09:05] {level777} bsx will need big vol to make a run today

[09:05] {Threei} awww

[09:05] {Threei} MGRM Halted; Being acquired by Labcorp (1.68, 0.00, 0.00%)

[09:06] {Threei} 4.55/share

[09:06] {Threei} someone managed to grab 2.40 before halt

[09:07] {ese} good morning

[09:09] {Threei} ese :)

[09:09] {Threei} vinod :)

[09:14] {Threei} with all the selling, BSX remains stubbornly close to 10

[09:15] {Threei} hard to tell wou outstubborns who

[09:16] {dino} gm all

[09:16] {nemo} dino:)

[09:16] {Threei} dino :)

[09:16] {nemo} how's you're holdover?

[09:17] {Threei} EU and US file joint complaint at WTO against China regarding raw materials (related IYM )

[09:17] {dptl} good morning all

[09:17] {Threei} ACUR open?

[09:17] {Threei} dp :)

[09:18] {Threei} still don't see final verdict by FDA on wires

[09:18] {Threei} trades like refusal

[09:18] {magoo} morning

[09:19] {Threei} magoo :)

[09:20] {Threei} strange ACUR

[09:20] {Threei} if there is news and it'f refusal, it should be a lot lower... if there is no news yet why it's unhalted

[09:21] {magoo} what we stalkin vad?

[09:21] {Threei} BSX

[09:21] {Threei} ACUR

[09:23] {Threei} available for short btw, ACUR

[09:24] {Threei} FITB Fitch cuts ratings to A- from A (one notch); Outlook negative

[09:27] {jfjf64} mornin

[09:27] {Threei} jf :)

[09:28] {Threei} don't see ALGN news

[09:30] {Threei} Long Setup: BSX .90 break if stays above .80

[09:32] {Threei} I don't understand ACUR at all

[09:34] {Threei} Short Setup: CAT .45 if stays below .60

[09:35] {nemo} stop bsx

[09:35] {Threei} did it ever trigger?

[09:35] {nemo} yes

[09:36] {nemo} 9:33

[09:37] {dino} v sm ueic l .02 wide thin

[09:38] {Threei} Short Setup: MTXX .75 breakdown

[09:38] {Threei} oops.. unavailable

[09:38] {Threei} used to be couple days ago

[09:40] {Threei} ACUR is dropping

[09:41] {magoo} mkts dropping

[09:42] {Threei} RIMM, watching for sharp drop into .50 where I get interested in bounce

[09:42] {magoo} quote server vad??

[09:43] {Threei} 20

[09:43] {magoo} ty

[09:47] {dino} watching cedc

[09:47] {Threei} Short Setup: RIMM .10 break

[09:47] {Threei} if stays under .20

[09:49] {Threei} no go

[09:49] {Threei} sheesh

[09:49] {Threei} lol

[09:49] {nemo} they got positive comments yesterday

[09:49] {Threei} FEED Hearing positive comments out of Stansberry (timing uncertain)

[09:49] {Threei} - Firm suggests buying shares of AgFeed Industries Inc. at or below $6.25. (5.78, 0.25, 4.52%)

[09:50] {fernp} FITB bounce?

[09:50] {Threei} most likely

[09:50] {Threei} no clear indication

[09:50] {Threei} hard to nail wntry

[09:50] {Threei} entry

[09:51] {fernp} you posted news, no?

[09:51] {Threei} on what?

[09:51] {Threei} FITB?

[09:51] {fernp} y

[09:51] {Threei} [09:24] {Alert} Threei FITB Fitch cuts ratings to A- from A (one notch); Outlook negative

[09:52] {fernp} thanks

[09:52] {nemo} quote and chart servers a bit squirrely today

[09:53] {Threei} IEA's Tanaka: US must increase spending on renewable energies (related USO FAN TAN )

[09:53] {Threei} no really?

[09:56] {Threei} US Treasury Sec Geithner planning to travel to the middle east and Europe in July

[09:56] {Threei} do we need to know about his vacations?

[09:56] {nemo} no, that's where he gets down on his knees and begs them to buy treasuries

[09:57] {dino} nop thats barney frank

[09:57] {Threei} lol

[09:57] {nemo} the janitor awake?

[09:59] {Threei} JUN RICHMOND FED MANUFACTURING INDEX: +6 V +5E

[10:00] {Threei} MAY EXISTING HOME SALES: 4.77M V 4.82ME

[10:00] {Threei} - Prior revised from 4.68M to 4.66M

[10:00] {Threei} APR HOUSE PRICE INDEX: -0.1% V -0.4%E

[10:03] {jfjf64} rmbs

[10:04] {dino} beat

[10:05] {nemo} rimm off to the races

[10:05] {nemo} fcx too

[10:05] {Threei} CAT

[10:05] {Threei} 33 break...

[10:05] {Threei} ideally, little pullback

[10:05] {Threei} hlding above .90 or .85

[10:05] {Threei} and break

[10:07] {Threei} watching market , if it jumps will grab CAT aggresively

[10:07] {Threei} thing seems to be following with little delay

[10:09] {dino} whippy

[10:09] {Threei} .82 long if stays above .75

[10:10] {nemo} had that one print @ .83

[10:10] {Threei} do you watch levekl 2?

[10:10] {Threei} that print was out of bounds

[10:10] {nemo} don't understand out of bounds, probably how I got nailed on bsx

[10:11] {Threei} offer was .77

[10:11] {Threei} nevcer upticked from there,

[10:11] {Threei} one print went at the price exceeding market

[10:11] {Threei} maybe late print, maybe someone is getting screwed up by his lousy broker

[10:12] {Threei} for our purposes it's not a valid trade

[10:12] {nemo} yeah, didn't hit it

[10:14] {Threei} ese, look dcc please

[10:18] {Threei} F Reportedly receiving $5.9B in new US loans (5.33, -0.05, -0.93%)

[10:19] {nemo} thought they didn't need Fed money

[10:19] {Threei} NSANY Reportedly granted $1.6B in US loans (11.99, -0.23, -1.88%)

[10:19] {Threei} what's going on

[10:19] {Threei} Nissan Motor Co., Ltd The company is expected to be one of the recipients of loans that will be provided by the US Energy Dept - Japanese Press

[10:19] {Threei} - The loans will be used for the production of fuel-efficient cars.

[10:19] {Threei} - Additionally, loans to Tesla and Ford are expected to be announced tomorrow.

[10:19] {Threei} - CEO: Awaiting US govt decision on loan application

[10:20] {Threei} yesterday's announcement

[10:21] {Threei} this market bounce looks like ready to reverse for another leg down

[10:22] {Threei} so far all of them did, in a hectic manner though

[10:22] {Threei} but morning news seems to be over

[10:22] {dino} sm l cedc .03

[10:23] {Threei} UBS US DOJ: Any suggestion that Govt will drop the lawsuit aginst the company is 'untrue'; there is no basis for the NYT report

[10:25] {Threei} trying to find short entries and not finding any structured setup

[10:27] {Threei} grrr.. both RIMM and CAT that I was watching got away, especially RIMM

[10:27] {Threei} RIMM is bounce candidate now

[10:31] {Threei} new breakdown seems to be forming

[10:32] {Threei} CAT nearest resistance is .70

[10:32] {Threei} let's see if we can find shirt entry

[10:32] {nemo} 16 neck

[10:35] {dino} pants

[10:35] {nemo} 30 30

[10:38] {dino} i just got that

[10:38] {nemo} thought I was talking the caliber

[10:39] {dino} y

[10:39] {level777} Ya think UBS popped today on the NYT article?

[10:39] {dino} wow we missed on beat badly, wanted 14

[10:39] {dino} bby sm l .99

[10:40] {Threei} and dropped on denial

[10:40] {dino} indeed l7

[10:41] {nemo} I'm actually an '06 .270 fan

[10:41] {dino} qcom after that gap

[10:41] {level777} clwr

[10:42] {Threei} ok... last bounce of this support, and let's finally nail some short

[10:42] {Threei} this is getting irritating... direction is clear, and no entry

[10:43] {ese} was looking for turnaround tuesday dino.........s

[10:43] {dino} filled qcom

[10:43] {ese} sol

[10:43] {dino} gap that is

[10:43] {ese} am stalking intc at .82

[10:43] {dino} still am es, $ down, we should go up

[10:44] {nemo} housing data was worse than expected

[10:44] {ese} hmmmmmm

[10:44] {dino} all forgotten in a couple hours anyway

[10:44] {dino} imo of copurse

[10:44] {dino} course

[10:45] {Threei} USGS discloses magnitue 7.0 earthquake strikes off Papua New Guinea

[10:45] {Threei} - follow up: Tsunami alert has been issued

[10:45] {level777} o my

[10:45] {vinod} back here again--any thing exciting?

[10:45] {dino} main thing, next downside gaps 8016, 1361, 855

[10:45] {Threei} (EU) EU Energy Commissioner: Oil around $70/bbl is a fair price (related USO )

[10:45] {Threei} lol

[10:45] {dino} i think oil at 20 is fair

[10:46] {nemo} me too

[10:46] {Threei} great... CAST doesn't even try to bounce with market anymore

[10:46] {Threei} CAT

[10:46] {dino} qcom sm l .50

[10:48] {Threei} FMCN Hearing Piper analyst defending FMCN, on belief that asset sale to SINA will go ahead as planned (timing uncertain

[10:49] {Threei} Long Setup: RIMM .90 break

[10:49] {Threei} invalidated

[10:50] {Threei} let's modify it to .80 break

[10:50] {Threei} with .70 support

[10:50] {Threei} invalidated

[10:50] {Threei} CAT, I can't believe it

[10:51] {Threei} clear short, and impossible to find entry

[10:51] {level777} fmcn have a play in it?

[10:51] {Threei} who knows... pure speculation

[10:52] {Threei} matter of questionable takeover

[10:52] {Threei} negotiated, stalled, now all kinds of rumors swirl around

[10:54] {Threei} wow

[10:54] {Threei} look at UAUA

[10:57] {vinod} can we get 10 cent from UAUA?

[10:57] {Threei} doesn't show any signs of firming up

[10:58] {level777} fmcn running

[10:59] {magoo} rimm valud

[10:59] {magoo} ?

[10:59] {Threei} IMO, short into bounce

[10:59] {vinod} in UAUA 3.08 stop at 3.00

[11:02] {wulff} who thinks relief rally?

[11:02] {vinod} 0ut 3.18 only 2k

[11:02] {nemo} qcom

[11:02] {nemo} sorry

[11:04] {Threei} starts feeling like that wulff

[11:04] {Threei} if materializes:

[11:04] {Threei} Long Setup: CAT .20 break

[11:08] {Threei} (CA) BoC's Carney: Recession in Canada is as deep as the US (related USD/CAD EWC )

[11:09] {nemo} 1:1 cat

[11:10] {vinod} offer cat at .30 no one took it

[11:10] {nemo} longs are probably scalps today

[11:11] {nemo} or, have been so far

[11:11] {vinod} stop on CAT?

[11:11] {Threei} .13

[11:11] {nemo} under lod

[11:11] {vinod} thanks

[11:14] {Threei} FMCN played nicely off news

[11:15] {dino} down rough;y 7% dji, ndx, s/p since the 11th(7 1/2 trade days)

[11:15] {vinod} out of CAT

[11:16] {nemo} 1:1 again

[11:16] {Threei} I am holding half

[11:16] {Threei} want to explore wulff's idea

[11:16] {Threei} stop to under .20

[11:16] {vinod} meno S&P broke 889 is bad news for market?

[11:17] {wulff} no more selling at this point, which should mean...

[11:17] {jfjf64} me too partner

[11:17] {Threei} vinod... with this volume, it's all can change on a dime

[11:17] {Threei} I see these days as day by day decision-making

[11:18] {Threei} no firm trend for any exteneded period of time

[11:18] {wulff} herds can be hard to contain

[11:18] {Threei} especially bisons

[11:19] {Threei} 1:2, 1/4 more out

[11:19] {vinod} shit I got out early in CAT

[11:19] {Threei} USGS reports magnitude 4.3 quake in Nevada (related TAYD )

[11:20] {Threei} 2 earthquakes in one day? it's not 2012 yet

[11:21] {wulff} all that and my TV broke!

[11:21] {dino} big one yesterday too alaska

[11:23] {Threei} nemo... you sure they haven't moved it to 2009?

[11:23] {nemo} gotta' start somewhere...I'm growing my hair long...with the beard I'm getting that Moses look...can't walk like Charlton Heston

[11:24] {Threei} CAT last portion stop to under .30

[11:24] {nemo} 1st crisis 2007, 2nd crisis 2010, Cous de gras 2012

[11:24] {Threei} maybe a bit dtingy trailing but I want to preserve every little bit of profits

[11:24] {Threei} they are precious these days

[11:25] {jfjf64} i agree

[11:25] {Threei} usually I prefer new high before trailing,

[11:26] {Threei} but it bounced nicely off .30 so trailing is justified

[11:26] {Threei} Long Setup: HIG .76

[11:27] {Threei} stop under .70 for scalpers

[11:27] {Threei} under .65 for day traders

[11:27] {Threei} ok CAT.. double top or new high?

[11:28] {magoo} in higmoint

[11:29] {Threei} good boy CAT

[11:29] {Threei} break .50 and spike please

[11:29] {Threei} HIG 1:1 for pesky scalpers

[11:29] {Threei} CAT 1:3 here

[11:30] {Threei} make your choice between exit and trailing to under .40

[11:30] {Threei} UAW Official notes talks with Ford are continuing, unclear if current discussions will lead to new contract (related F F.IT GMGMQ )

[11:30] {Threei} lol

[11:31] {Threei} last automaker standing... UAW just can't let it survive, can it

[11:31] {magoo} is there news aapl vad?

[11:31] {Threei} nothing fresh

[11:31] {nemo} gov't will step in and give them the company

[11:31] {magoo} if IF mkts go green it should be bouncer

[11:32] {wulff} Jobs liver something...

[11:33] {magoo} frwsh news?

[11:33] {Threei} 20 Jun 2009 08:32 AAPL WSJ: CEO Steve Jobs had liver transplant

[11:33] {Threei} - Steve Jobs has received a liver transplant in Tennessee and he is on track to return to work

[11:33] {Threei} look at the date

[11:33] {magoo} u think he bought that liver?

[11:34] {Threei} I would if I were him

[11:34] {Threei} if there are livers for sale, someone needs that money...

[11:34] {Threei} HIG 1:1 for day traders

[11:34] {Threei} CAT 1:4 is coming

[11:34] {magoo} hex..id hire the assassin to shoot me up a fresh donar

[11:35] {Threei} out CAT in full

[11:35] {Threei} +.37

[11:35] {Threei} out half HIG

[11:35] {Threei} +.12

[11:35] {Threei} stop to under b/e

[11:35] {Threei} whew... life becomes brighter

[11:35] {dino} gj

[11:35] {Threei} ty

[11:36] {Threei} wulff had right idea

[11:36] {wulff} my new liver feels better and better

[11:37] {nemo} out hig ty

[11:37] {Threei} sure thing

[11:37] {Threei} out HIG in full

[11:38] {Threei} don't like this time for longer hold

[11:38] {Threei} we got a piece of nice recovery

[11:38] {nemo} no plus it's really a financial stock

[11:38] {magoo} out hig full .95 TY

[11:38] {Threei} welcome mags

Session Close: Tue Jun 23 11:38:41 2009

Session Start: Tue Jun 23 11:38:41 2009

Session Ident: #discussions

02[11:38] * Disconnected

02[11:44] * Attempting to rejoin channel #discussions

03[11:44] * Rejoined channel #discussions

[11:45] {Threei} wow

[11:45] {Threei} lost connection

[11:45] {nemo} what? with reality?

[11:45] {dino} ufpi

[11:45] {magoo} withh common courtesy he he

[11:46] {Threei} never had any connection with that one

[11:46] {nemo} oh, I find zoloft and lithium help

[11:46] {Threei} with or without vodka?

[11:46] {ese} L intc .81

[11:47] {nemo} you really did lose connection

06[11:47] * nemo slaps Threei around a bit with a large bottle of Kettle 1

[11:47] {dptl} did i hear vodka?

[11:48] {nemo} No...you read it...

[11:48] {nemo} question of the moment: jbe or dbi on cat?

[11:49] {Threei} dp... yes - grab a bottle and jump on the next ferry

[11:50] {dino} gut says up to +50 dji

[11:50] {magoo} rimm trying next leg

[11:50] {Threei} it can't be DBI, nemo

[11:50] {Threei} no D

[11:50] {nemo} sorry, true

[11:51] {nemo} break of .65 then?

[11:53] {Threei} hmmm

[11:53] {Threei} toughie

[11:58] {magoo} out rimm .67..+ .35

[11:59] {dino} gj

[12:03] {magoo} RIMM on a mission

[12:03] {magoo} from god

[12:06] {wulff} this range bound stuff is annoying

[12:08] {wulff} I said relief RALLY.

[12:08] {nemo} cat vad

[12:10] {Threei} does exactly nothing

[12:10] {dino} lol wulff

[12:10] {Threei} so should we

[12:10] {vinod} in FAZ 5.24 stop at 5.16 for 10 cent

[12:10] {nemo} yeah, dancing in that range, I was thinking if drops below .58 short

[12:11] {Threei} wulff... by these days standards, we already had one, lol

[12:11] {Threei} and I would say, we exploited it to its fullest extent

[12:11] {nemo} frickin' capitalists...always exploiting

[12:13] {Threei} yeah... exploitation of one human being by another... that's capitalism

[12:13] {Threei} of course under socialism it's just the opposite

[12:13] {nemo} oh...back to that

[12:29] {Threei} GMGMQ US Trustee says GM advisors are charging unreasonably rich fees of as much as $1,000/hour

[12:30] {Threei} huh?

[12:31] {Threei} Prez on TV

[12:32] {Threei} appaled and outraged

[12:32] {dino} isn't he always

[12:34] {dino} cedc stop to .41

[12:36] {magoo} talking about energy bill

[12:36] {magoo} clean energy

[12:36] {magoo} fslr bounced on it

[12:37] {magoo} l aapl .75

[12:37] {magoo} sorry fast

[12:38] {magoo} thinking .20-.40 area

[12:38] {Threei} (US) President Obama: Strongly condemn 'unjust' actions in Iran, US is not interfering in its affairs

[12:41] {dino} out cedc .50, +.47

[12:41] {magoo} stop flat now

[12:42] {magoo} waiting .43

[12:42] {magoo} gobnna tregrett the exit too i feel

[12:44] {magoo} [12:42] {magoo} gobnna

[12:44] {Threei} mags... we are still trying to underatand what it meant first time

[12:45] {Threei} Obama: Bernnake has done a fine job under circumstances

[12:45] {Threei} "good job Bernie"

[12:45] {magoo} i know..lol..i rtried too read it...didnt remember what i said

[12:52] {magoo} out aapl 134..+.25

[12:52] {magoo} ty vad

[12:53] {Threei} hmm?

[12:53] {Threei} you are welcome of course

[13:02] {Threei} *TREASURY'S $40B 2-YEAR NOTE AUCTION BID-TO-COVER RATIO: 3.19 V 2.94 PRIOR AND 2.48 AVE OVER LAST 10 AUCTIONS

[13:02] {Threei} - indirect bidders take 68.7% of competitive bids

[13:02] {Threei} EMKR Signs solar power agreement (1.27, 0.01, 0.79%)

[13:03] {Threei} This 20-year agreement with EMCORE consists of 114 kilowatts of solar power produced onsite at EMC

[13:04] {nemo} the auction seems to be jacking everything

[13:11] {magoo} i reloaded aapl .75 on that pullbk

[13:11] {magoo} sotrry about posdst

[13:11] {magoo} same range

[13:14] {dino} it's like magoo isn't typing english

[13:15] {magoo} ouyt here .99

[13:15] {magoo} + .24

[13:17] {Threei} US President Obama: There is no current need for a second stimulus package (related TLT SHY EUR/USD USD/JPY )

[13:17] {Threei} strange

[13:17] {Threei} I thoufght these guys never met stimulus of bailout they didn't like

[13:18] {nemo} maybe they figured they need it but won't be able to get anyone to lend them the money

[13:19] {magoo} i need some stimulus :)

[13:21] {ese} gotta hit the trail....still nursing my intc position.....just my speed at this time of year.....too much going on at school..cya tomorow

[13:21] {Threei} take care ese

[13:21] {ese} see ya vad

[13:22] {dino} qcom stop to .89

[13:25] {dino} out qcom +.40

[13:26] {jfjf64} hun .86 break here

[13:27] {level777} hig sure had a nice bounce there 3i

[13:27] {level777} great call

[13:27] {Threei} ty

[13:27] {Threei} we exited a little early but no regrets here

[13:28] {level777} my kids home from school 6, 10 & 14 called a scalp for .10 ion it for me lol

[13:28] {level777} now i cant get them away from my screen

[13:32] {dino} what commission they charging

[13:41] {level777} keep asking me "how much did we make, how much did we make"

[13:42] {Threei} suggest them to calculate an otcome in tablespoons aof icecream... that'll keep them busy

[13:43] {dino} lol

[13:58] {magoo} vad, what u stalin?

[13:58] {magoo} stalkin he hew

[13:58] {Threei} there is this piece of ham...

[13:58] {Threei} looks darn stalkable

[14:02] {wulff} crazy moves in aAPL

[14:08] {Threei} ever since those bounces that we played were done, market lost feel of direction

[14:13] {dino} dltr sm l .50

[14:16] {nemo} cat hanging around highs for 3r time

[14:16] {nemo} 3rd

[14:20] {Threei} if market spikes again, let's try this one for a scalp:

[14:20] {Threei} Long Setup: PALM .75 break

[14:21] {Threei} if retreats under .65, rather becomes a bounce candidate

[14:21] {Threei} .55 - .60 nearest support

[14:21] {level777} h

[14:23] {wulff} i

[14:30] {jfjf64} plan b

[14:35] {level777} g

[14:37] {dino} out ueic ave. .68, +.66

[14:41] {Threei} OK, no breaks

[14:41] {Threei} let's see if bounces shape up

[14:41] {Threei} I don't want to try shorting

[14:41] {Threei} doesn't feel like it's in cards

[14:41] {jfjf64} waitin on ya boss

[14:42] {Threei} don't... I am afraid I'm going to get stuck here, dp has this strangely attractive bottle in his pocket...

06[14:45] * Threei slaps dptl around a bit with a large appeal to stop tempting sober people with vodka

[14:45] {BillyD} Hi vad

[14:45] {Threei} Bily!

[14:45] {BillyD} How are you

[14:45] {Threei} welcome back'

[14:45] {BillyD} ty

[14:45] {Threei} long time no see

06[14:45] * magoo slaps BillyD around a bit with a large trout

[14:45] {magoo} hey bro

[14:45] {BillyD} I feel at home now magoo :)

[14:45] {Threei} ahha... welcoming commettee is right here

[14:45] {Threei} lol

[14:45] {BillyD} consistent

[14:45] {BillyD} lol

[14:46] {Threei} yeah, you can rely on us

[14:48] {Threei} I don't dfeel striongly about this bounce but risk is very small

[14:48] {Threei} PALM, right here

[14:48] {Threei} with .54 - .55 stop

[14:49] {Threei} if you feel like 50/50 trade with small stop

[14:56] {magoo} vad..r or r?

[14:57] {Threei} can't tell

[14:58] {dptl} have a good evening all

[14:58] {Threei} take care dp

[14:58] {magoo} why wont u tell?

[14:58] {Threei} leave the bottle here

[14:58] {Threei} I would... I can't

[14:58] {Threei} I promised dp

[14:58] {Threei} not to tell anyone

[14:59] {dptl} :)

[15:04] {vinod} last hour going to be a happy hour

[15:05] {BillyD} Vad, many trades today

[15:05] {Threei} certainly - the question is for whom

[15:05] {BillyD} lol

[15:05] {Threei} not many... but couple fairly good ones

[15:07] {BillyD} selectivity the key last few days it seems

[15:07] {BillyD} more so than others

[15:07] {Threei} true

[15:08] {dino} sm pru l .50

[15:10] {Threei} The Nasdaq Stock Market, Inc Reportedly planning increased rebates to certain US order customers in efforts to increase market share

[15:10] {Threei} - Note on 6/16 CME modified their e-mini fee schedule with a volume based incentive program, effective Sept 1

[15:12] {jfjf64} rimm bounce??

[15:13] {Threei} from under .50, I'd feel much safer

[15:13] {Threei} here it's a toss-up

[15:13] {jfjf64} ty

[15:15] {wulff} wacky day...what else is new

[15:19] {Threei} RIMM is getting there

[15:19] {Threei} let it drop sharply

[15:21] {jfjf64} waitin on ya boss

[15:21] {Threei} does it mean I'll have to wake up? :(

[15:23] {Threei} see how it can't raise its head?

[15:24] {Threei} it needs a good flush

[15:24] {jfjf64} this might be level?

[15:24] {Threei} otherwise even if it bounces, it's going to be labored one not worth the risk

[15:24] {Threei} no

[15:24] {Threei} I am not touching it here

[15:25] {Threei} shrap flush is one version of what I want to see,

[15:25] {Threei} another is, stalling here, forminbg range, then breaking it wqith matkert jump

[15:25] {Threei} If it just reverses here, I prefer to let it go

[15:26] {Threei} gosh... mags, that typing teacher yopu recomended really does miracles

[15:26] {magoo} :)

[15:26] {Threei} lol, it's as if I type with my knees

[15:30] {Threei} RJET to Acquire Midwest Airlines

[15:30] {Threei} interesting... consolidation starts in beaten down industry

[15:38] {Threei} now having the benfit of insight,

[15:38] {Threei} have a look at CAT 1 min

[15:38] {Threei} and notice where we got it long

[15:39] {Threei} if that is not a prefect entry

[15:40] {dino} 3:40

[15:43] {dino} they've been killing them into the close lately

[15:44] {BillyD} what was your CAT entry

[15:44] {nemo} .20

[15:44] {Threei} 23.20 second recross

[15:44] {Threei} on the way back up

[15:44] {Threei} 32.20 of course

[15:44] {BillyD} 32.30....

[15:44] {BillyD} lol

[15:45] {Threei} seriously, how much better does it get

[15:45] {BillyD} that was area I thought

[15:45] {BillyD} now...did you hold til 33

[15:45] {Threei} as in "I wouldn't expect any less from you"? :)

[15:46] {Threei} no, for over .50

[15:46] {BillyD} lol

[15:46] {Threei} sold .58

[15:46] {BillyD} into resistance

[15:50] {Threei} whoa RJET

[15:51] {BillyD} hard spike

[15:52] {Threei} will be interesting one to watch tomorrow

[15:53] {BillyD} reminds me on ONTY & CLWR yesterday eod

[15:55] {dino} out pru .80, +.30

[15:55] {dino} out bby .00, +.01

[15:57] {dino} out met .41, -.09

[15:57] {Threei} okay guys, thank you all

[15:57] {Threei} I suspect tomorrow will be a bit more active

[15:57] {Threei} just feeling in the air

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

[15:57] {BillyD} cya

[15:57] {Alw} ty

[15:58] {Threei} hi Alw, welcome to the room

[15:58] {Alw} ty

[16:02] {fernp} good nite all

Jun 22 2009

That was beyond boring. 5 trades, 2 wins, 3 stops amd a lot of yawns

Session Time: Mon Jun 22 00:00:00 2009

[08:21] {Threei} 8:01:26 AM

[08:21] {Threei} EMCORE Corporation Awarded $5.7M Air Force research laboratory contract

[08:21] {Threei} - Two-year contract calls for EMCORE to demonstrate high efficiency solar cells for space applications, as well as investigate advanced photovoltaic devices based on inverted metamorphic (IMM) structures

[08:21] {Threei} - The contract also includes a provision for an additional twelve-month award of $3.4 million for advanced IMM development once the base contract has been completed.

[08:22] {Threei} MEDX pop, I don't have news for it

[08:25] {_levelseven} single dose of drug cures inoperable prostate cancer...something like that

[08:26] {_levelseven} release of study

[08:27] {Threei} ty

[08:27] {Threei} for some reason doesn't show on my news feed

[08:27] {Threei} ahha

[08:27] {Threei} popped up just now

[08:27] {Threei} Medarex Patients with inoperable prostate disease recover after single dose of drug - The Independent

[08:27] {Threei} - The results were so startling that researchers decided to release details of the two cases before the drug trial - in which the patients took part - was complete. Doctors said their progress had exceeded all expectations. The men were treated at the Mayo Clinic in Minnesota in the US, one of the top medical centres in the world.

[08:28] {_levelseven} "recover".

[08:29] {_levelseven} does that mean cured?

[08:29] {Threei} shrug

[08:33] {Threei} trades like it's a biggie

[08:33] {_levelseven} yea

[08:33] {_levelseven} i scalped for .20 but dont trut it

[08:34] {_levelseven} trust

[08:34] {Threei} yeah, too much air under it

[08:34] {_levelseven} 2 patients and havent gone trough full clinicals

[08:34] {Threei} when profit tsaking hits, look out

[08:34] {_levelseven} big shareholders will be dummping

[08:34] {_levelseven} oops

[08:55] {fernp} good morning

[08:55] {cosmo} mrvl sees better times ahead fwiw

[08:56] {Threei} fern :)

[08:58] {nemo} good morning

[08:59] {Threei} nemo :)

[08:59] {nemo} whaddi miss?

[08:59] {nemo} By the way, I hate comcast

[09:03] {ese} good morning

[09:03] {Threei} ese :)

[09:03] {nemo} Raven, how was your visit with the brethren?

[09:05] {ese} would that be MEDX vad?

[09:06] {Threei} would be what?

[09:07] {ese} medarex co.

[09:07] {ese} was just reading your prior posts

[09:08] {Threei} oh... yes,

[09:08] {Threei} [08:22] {Threei} MEDX pop

[09:08] {ese} tks

[09:08] {KSystems} morning

[09:08] {Threei} KS :)

[09:08] {ese} ks

[09:10] {Raven} nemo ... twas good ... lotta land ... no people

[09:10] {nemo} That "no people" part really appeals to me

[09:11] {Threei} Raven, welcome back :)

[09:11] {cosmo} R.....did you take a gieger counter?

[09:11] {Raven} 3i :)

[09:12] {cosmo} geiger

[09:12] {nemo} oh yeah, lotta' old silos up that way

[09:12] {Raven} I took my rubber boots ...

[09:12] {cosmo} hmm

[09:12] {cosmo} level A

[09:12] {Raven} yup

[09:12] {cosmo} your choice

[09:13] {Raven} highways empty

[09:13] {cosmo} i saw that movie...

[09:13] {Raven} lotta flooded rivers ...

[09:14] {Raven} flooded rivers here too now

[09:17] {cosmo} i blame algore

[09:17] {_levelseven} medx down .50 from hi

[09:20] {Raven} no floods for you then, cosmo

[09:20] {Raven} just the baking sun

[09:20] {cosmo} sigh... i know

[09:23] {dino} gm all

[09:23] {cosmo} mrvl tests

[09:23] {dino} medx?

[09:23] {Threei} dino :)

[09:24] {nemo} dino...alarm clock worked this morning?

[09:24] {Threei} [08:27] {Alert} Threei Medarex Patients with inoperable prostate disease recover after single dose of drug - The Independent

[09:24] {Threei} [08:27] {Alert} Threei - The results were so startling that researchers decided to release details of the two cases before the drug trial - in which the patients took part - was complete. Doctors said their progress had exceeded all expectations. The men were treated at the Mayo Clinic in Minnesota in the US, one of the top medical centres in the world.

[09:26] {dino} yeah, up at 6:30 everyday, 2 mile walk, bank, bunch of emails, r.e. driveby and here i am

[09:26] {dino} half a day already

[09:27] {nemo} yeah, know what you mean..I'm lucky to sleep past 5

[09:31] {dino} 8461 low last week

[09:32] {Threei} WFC dive to or just under .70 will be interesting for long entry

[09:32] {dino} 1439, and 903

[09:33] {Threei} if holding above .80, .90 break is trigger

[09:33] {_levelseven} medx drilled

[09:33] {Threei} 50/50

[09:33] {Threei} MEDX needs more selling

[09:33] {_levelseven} huge float

[09:33] {dino} why's it up?

[09:34] {Threei} I posted news for you dino

[09:34] {Threei} 9:24

[09:34] {nemo} prostate miracle on "two" inoperable patients

[09:35] {dino} opps

[09:35] {Threei} WFC holding well

[09:36] {Threei} 1:1

[09:36] {Threei} half out or scalp

[09:37] {Threei} 1:2, 1/4 more

[09:37] {Threei} 1:3

[09:37] {ese} .20 range medx gonna try long .80

[09:37] {Threei} sharp jump, out in full

[09:37] {Threei} got .15 on exit

[09:37] {Threei} +.24 overall on last portion

[09:37] {dino} wynn gap fill

[09:38] {jfjf64} mornin

[09:38] {ese} L medx

[09:38] {Threei} jf :)

[09:38] {ese} .81

[09:38] {Threei} yeah, MEDX digested the range

[09:38] {ese} out

[09:38] {Threei} look for re-entry on pullback

[09:38] {ese} .89 +.08

[09:39] {Threei} it looks capable of more

[09:39] {nemo} how many little buggers ese?

[09:39] {ese} 3k

[09:39] {Threei} closest support is .65

[09:39] {ese} yes

[09:41] {_levelseven} tstr still going..geez

[09:42] {ese} lookin to go long again at .93 nemo

[09:42] {nemo} spy and qs dropping

[09:42] {ese} if we get higher low here on 1min ch

[09:42] {dino} rimm more pain

[09:43] {nemo} tck held double bottom

[09:43] {ese} intc not following qqqq's could be an up day by the end of it

[09:43] {Threei} poor MTXX

[09:44] {jfjf64} yup

[09:45] {_levelseven} said Fri tstr wanted $2

[09:45] {dino} neog nice spread, lol

[09:46] {jfjf64} medx anythin ther yet vad

[09:46] {Threei} .90 break worth a try, just keep in mind this is very risky one

[09:47] {_levelseven} any tstr news?

[09:47] {jfjf64} i lk risk on monday

[09:47] {Threei} pulled back too far

[09:47] {jfjf64} hmmm

[09:48] {jfjf64} yes

[09:48] {ese} am gonna try .93 medx vad

[09:48] {ese} nope invalid now

[09:48] {Threei} nah ese

[09:49] {ese} is that nah invalid or bah .93

[09:49] {jfjf64} ya hold medx ese ill hit it with 9 iron

[09:49] {Threei} nah to breakout

[09:50] {ese} looks like it'll need a 7 iron now jf

[09:50] {dino} lol

[09:50] {jfjf64} lol

[09:51] {ese} intc against the crowd......

[09:51] {Threei} Long Setup: RMBS .65 break

[09:52] {ese} high 4 days ago .30....am waitin on that...plan on going swing long

[09:52] {nemo} in

[09:53] {nemo} uner .55 for stop?

[09:53] {Threei} for scalp yes, for a day trade under .50

[09:55] {dino} getting bloody

[09:55] {nemo} intc dropping

[09:56] {dino} next gaps down, 8016, 1435, 855

[09:58] {ese} have the same feeling as last monday......does not feel like a down day even though at this point we are.......

[09:59] {_levelseven} tstr wont stop, might be something driving this run..isnt this day 3 or 4?

[09:59] {ese} lots of time nemo....lots of time

[09:59] {ese} was there news last week L7

[10:00] {ese} that sure is a nice move there

[10:00] {Threei} nope... whole move is done on no news

[10:00] {ese} tstr that is

[10:00] {_levelseven} tstr should be tired out by now..something else happening here imo

[10:01] {ese} hmmmmmmm then that looks the the Vancouver stock exchange.....speculation

[10:02] {nemo} stopped

[10:02] {Threei} WFC becomes interesting again

[10:02] {_levelseven} tstr dip buying

[10:03] {Threei} CDE US Supreme Court rules in favor of company with regards to gold mine permit in Alaska (10.19, -0.61, -5.65%)

[10:04] {jfjf64} wfc

[10:06] {Threei} .53 long if holding .45

[10:07] {nemo} in

[10:08] {KSystems} i am selling ADRE here for a longer term swing

[10:09] {Threei} Long Setup: HIG .50 break if holding above .40

[10:10] {nemo} in

[10:11] {nemo} stopp wf

[10:11] {_levelseven} in tstr 06

[10:17] {jfjf64} steady vol hig

[10:17] {dino} ru wants gap 35.70 area

[10:18] {dino} tutr

[10:18] {Threei} it's holding well, just needs market to raise its head finally

[10:18] {dino} dltr, fdo, wmt positive

[10:18] {dino} tutr nuts

[10:19] {Threei} no news that I see

[10:20] {Threei} grrr

[10:20] {Threei} market not finding support

[10:20] {nemo} skf

[10:21] {nemo} oops

[10:22] {Threei} ok, what was that on TUTR??

[10:23] {_levelseven} wow

[10:23] {KSystems} ATAI :)

[10:25] {Threei} MEDX Hearing RBC making cautious comments (timing uncertain) (8.30, 0.94, 12.77%)

[10:26] {Threei} ATAI Trading up 35%; no fresh positive news seen

[10:26] {Threei} - TUTR, another maker of education software, is also moving higher with ATAI

[10:30] {Threei} ATAI is still ticking

[10:36] {dino} 1435 ndx filled

[10:36] {vinod} Good Morning

[10:36] {Threei} vinod :)

[10:43] {dino} watching pru, dltr, wynn, bby, snda, met fwiw

[10:43] {Threei} Long Setup: CAST .30 if holding above .20

[10:44] {ese} well it started out a promising day......just nothing happening on my scans

[10:44] {dino} qcom too

[10:45] {ese} whoa what was that litle dive to .09 in CAST

[10:55] {dino} sm l; snda .00

[10:57] {ese} indexes working in your favor dino

[10:58] {Threei} CAST invalidated

[10:59] {nemo} understatement

[10:59] {Threei} lol

[10:59] {dino} so far

[10:59] {nemo} this is not a "long" day

[10:59] {nemo} so far

[10:59] {Threei} extra-invalidated?

[10:59] {nemo} CSNY

[10:59] {nemo} INVALIDATED

[10:59] {vinod} looks little scary this morning?

[10:59] {nemo} vaseline morning

[11:00] {dino} s/p 900 line in sand imo

[11:00] {vinod} short SPY? dino

[11:01] {nemo} tck strengthening fcx weakening...interesting

[11:01] {dino} no, will use it as guide on others

[11:01] {nemo} Cast xtra xtra invalidated

[11:02] {ese} like hair shampoo......extra normal

[11:02] {dino} world bank saying china stockpiling of commodities to slow, fcx

[11:02] {nemo} yes, but tck should be going down too, maybe fcx bigger exposure to australia

[11:03] {Threei} NY Fed: Purchased $7.49B in $300B outright coupons purchase;

[11:03] {dino} just fyi nemo

[11:03] {Threei} Dealers submitted $20.7B for consideration (bid to cover 2.76)

[11:03] {Threei} - Heaviest purchase was $4.28B for the 08/15/15 maturity

[11:03] {dino} posted on real$

[11:04] {nemo} hey ese, that spike down on cast doesn't look so big anymore lol

[11:05] {Threei} lol

[11:05] {ese} i'll say

[11:06] {ese} odd market........

[11:07] {dino} snda stopped -.40

[11:10] {jfjf64} medx

[11:10] {ese} whats with drys

[11:10] {Threei} no news

[11:11] {ese} ya.......seems like someone is driving it down to buy cheap shs.......scare the crap out of someone...get there shs

[11:12] {_levelseven} thats what brokers tell their clients when long positions go south

[11:12] {ese} hmmmmmm

[11:13] {dino} qcom sm l .50

[11:13] {dino} lol l7; that or double up

[11:22] {dino} ueic drop

[11:30] {Threei} PIMCO's McCulley: The size of the monetary base is not directly connected to inflation; Fed paying interest on reserves is a valuable tool; PIMCO is "dramatically underweight" USTs - TV interview

[11:30] {Threei} Given the amount of slack in the economy, its hard to see inflation as a big problem right now.

[11:30] {Threei} - Mortgages are backing up because Treasuries are backing up, expects this to impact the recovery by weakening the prospects for housing improvements. The upshot is that the Fed will be on hold longer.

[11:30] {Threei} - Believes that market would "self correct" if mortgage rates rose further.

[11:30] {Threei} - suggests the FOMC statement this week could modify the statement on holding rates at an "exceptionally low level for an extended period," to be contigent upon the economic forecast.

[11:38] {Threei} I am long YAWN

[11:38] {nemo} they make mattresses?

[11:38] {nemo} matresses?

[11:39] {nemo} ?

[11:39] {ese} is that a legit stock

[11:39] {ese} yawn

[11:39] {nemo} duh?

[11:39] {nemo} yeah, it's trading at 0.00...just checked

[11:40] {ese} no it's trading 15.83

[11:40] {Threei} White House: US President Obama to conduct press conference on Tuesday at 12:30pmET

[11:40] {Threei} oh good

[11:40] {nemo} dbi setup on rimm on the 5 min.

[11:45] {Threei} GE CEO: Opposed to separation of banking and commerce - CNBC (11.61, -0.49, -4.05%)

[11:45] {nemo} I wonder why

[11:45] {Threei} heh

[11:46] {Threei} there was an article last week about GE being hit hard by new regulations

[11:46] {nemo} yeah, because of GE finance

[11:46] {Threei} right

[11:47] {dino} where they messed up royally

[11:49] {nemo} rimm broke low

[11:50] {dino} feels like 65 magnet

[11:50] {nemo} or 12lb sledge

[11:54] {dino} pru gap fill from wed close

[11:54] {dino} met working towards it

[11:58] {Threei} hmmm... we don't have to wait till tomorroqw to see Prez on TV

[12:02] {_levelseven} hes on tv so much, he should have has own reality tv show

[12:03] {nemo} he does, it's called ABC News

[12:04] {jfjf64} or whats happenin

[12:13] {ese} whats driving the nasdaq down today....opinions?

[12:13] {nemo} it's been topping, also, hangover from options ex

[12:14] {ese} how do mean.....hangover from options day nemo?

[12:14] {ese} new positions are established again arn't they?

[12:15] {dino} met sm l .50

[12:15] {ese} check that......not necessarilly

[12:15] {nemo} options ex tend to be positive days. And the day after tend to be hangovers. I don't understand all the mechanics, the quant trader strategies seem to drive it.

[12:16] {dino} imo, es we've gone straight up about 43%, pullback time, plus are things really that much better or getting better. less worse perhaps, but........

[12:16] {ese} hmmmm ok....i get what your saying

[12:16] {nemo} there's that also

[12:21] {vinod} nemo-what happen to your friend grasshopper?

[12:21] {nemo} maybe the pesticides?

[12:21] {nemo} praying mantis?

[12:22] {nemo} Raven?

[12:22] {vinod} really?

[12:22] {nemo} see the question marks, Vino?

[12:23] {vinod} I beter keep quite

[12:24] {vinod} actually it is YAWN. one I brought based on Boss's call

[12:28] {vinod} Is there a chance to squeeze 10 cent from FAZ/EEV/SRS?

[12:30] {Threei} FAZ looks better for that

[12:30] {Threei} we need market breakdown to get next leg up on FAZ

[12:30] {vinod} in faz 5.19

[12:40] {Threei} what can I say vinod... 2 cents in 10 minutes - with this speed you'll make serious money sometime this millenium

[12:42] {vinod} I was getting restless today. it is going to work out and i will have my 10 cent only 2k

[12:43] {vinod} my stop is very tight

[12:47] {Threei} Long Setup: QID .48

[12:53] {Threei} held .40 on this pullback, so let's make it invalidating level

[12:53] {Threei} and support for stop placement if triggers

[12:53] {Threei} 4 cents vinod

[12:53] {Threei} life accelerates

[12:54] {dino} cedc blood

[13:02] {Threei} QID invalidated

[13:06] {dino} -3% ndx today

[13:06] {Threei} and the day is far from over

[13:07] {dino} it's a good day to die

[13:07] {nemo} samurai

[13:07] {Threei} first day of summer?

[13:08] {dino} worf, star trek... "and the day's not over yet"

[13:09] {nemo} what the samurai said every morning when they awoke

[13:12] {Threei} FAZ is making someone richer by the... ummm... hour?

[13:17] {Threei} JD Power quality survey shows Ford and Chevy narrow gap of initial quality with Toyota

[13:17] {Threei} - domestic vehicle quality scores up by more than 10% y/y.

[13:17] {Threei} - Chysler still needs to make substantial progress on quality.

[13:21] {fernp} have to go. good evening all.

[13:21] {Threei} take care fern

[13:25] {Threei} FAZ is coming to those 10 cents

[13:27] {Threei} 1:1 reached

[13:27] {Threei} congratulations vinod

[13:37] {vinod} thanks, I was out but it got sold

[13:37] {Threei} cool beans

[13:45] {Threei} (JP) US and Japan are to sign a 'fast track' customs clearance agreement - Nikkei news (related USD/JPY EUR/JPY JGB )

[13:53] {Threei} if this is ot a thing of beauty:

[13:53] {Threei} [13:38] * KSystems was kicked by ChanServ

[13:54] {Threei} it like my own house would kick me out

[13:55] {nemo} like when the wife tells you she wants a divorce and puts a restraining order on you

[14:03] {Threei} Mortgage Banker's Association(MBA) forecasts 2009 originations at $2.0T v $2.7T prior

[14:03] {Threei} - Cites lower rate/term refinancings and lower volumes

[14:05] {Threei} you guys wiill be very surprised I bet,

[14:05] {Threei} but you know who is coming live on TV?

[14:09] {dino} not again

[14:10] {Threei} "Children are agressively targeted by tobacco companies"

[14:10] {Threei} is it a proven fact?

[14:10] {Threei} quite a strong accusation to throw by a president

[14:18] {Threei} VVUS Ticking higher after positive mention by CNBC guest (5.47, -0.22, -3.87%)

[14:25] {nemo} stealth rally

[14:26] {Threei} rally?

[14:26] {nemo} spy qqs slowly climbing

[14:26] {Threei} are we that undemanding these days that we call this crap rally? :)

[14:26] {nemo} watching fcx rimm move up

[14:26] {nemo} summer

[14:26] {nemo} I did say stealth

[14:27] {nemo} only one syllable

[14:28] {nemo} think about it, big news over the last few hours was Vinod's .10 on Faz :)

[14:28] {dino} hum dee dum

[14:28] {Threei} lol

[14:28] {Threei} well

[14:28] {Threei} I'll take that if nothing else comes around

[14:29] {nemo} my sentiments eqkzaktly

[14:30] {_levelseven} frpt

[14:30] {nemo} how'd the scanners miss the jbe?

[14:31] {dino} dji ; ndx; s/p -6% since the 11th, 7 trade days,

[14:32] {Threei} why miss?

[14:32] {Threei} JBER window signalled FRPT a few times

[14:32] {_levelseven} jber?

[14:32] {Threei} JBE

[14:32] {nemo} frpt

[14:33] {nemo} has a nice jbe formation...I'm just bored...slap me

[14:33] {Threei} at 7.95,

[14:33] {Threei} earlier at 12:39

[14:33] {nemo} 7.85

[14:33] {_levelseven} oh, was called here @ 7.95?

[14:33] {_levelseven} ok

[14:33] {Threei} no, we are talking about scanner catching it

[14:34] {nemo} ya' haven't slapped me yet, how many times I gotta' ask?

[14:34] {_levelseven} getting some action

[14:36] {vinod} I think we close down 250 point. let see

[14:37] {_levelseven} frpt movin

[14:38] {Threei} and no news

[14:38] {Threei} DNDN IN pact to build new production facility - filing dated 6/16 (24.95, -1.13, -4.33%)

[14:38] {nemo} it's not back to it's highs from last week though

[14:41] {Threei} Mondays bored the heck out of us even in more exciting seasons

[14:41] {Threei} let alone summer

[14:45] {dino} zzzzzzzzzzzzz

[14:55] {nemo} is the paint dry yet?

[14:55] {Threei} yes but grass still hasn't grown

[14:56] {wulff} you guys make any good trades today? Late I am

[14:56] {Threei} 2:3

[14:57] {Threei} 2 good and 3, umm. also good but losing

[14:57] {wulff} things look awfully cheap to me

[14:58] {Threei} well.. they usually look cheap just before becoming cheaper yet

[14:58] {wulff} true

[14:58] {Threei} just ask MTXX buyers

[14:59] {wulff} sometimes merchandise goes on sale quickly

[15:00] {Threei} and then gets discontinued {G}

[15:03] {ese} I'm back to say so long for the day.......still working onend of the years school stuff.....cya tomorow

[15:04] {Threei} take care ese

[15:05] {dino} penx

[15:08] {Threei} SEC's Shapiro: CFTC will oversee FX, interest rate and energy swaps; SEC will be responsible for securities-based swaps and some non-bank swap dealers

[15:08] {Threei} - SEC may tighten reporting rules for securities-based swaps.

[15:08] {Threei} - Believes the lack of regulation...more... (related XLF )

[15:08] {Threei} - Believes the lack of regulation of OTC derivates prevented the SEC from protecting investors.

[15:08] {Threei} - May make equity-based derivatives subject to ownership reporting requirements.

[15:08] {Threei} - Believes SEC should regulate markets and clearing organizations to ensure fair access.

[15:09] {nemo} I just fell off my chair

[15:12] {Threei} you though SEC will regulate interest rates instead of Fed?

[15:13] {nemo} no

[15:13] {nemo} " Believes SEC should regulate markets and clearing organizations to ensure fair access."

[15:13] {nemo} fair access...perish the thought

[15:17] {Threei} a few times today I reloaded the server thinking that maybe my quotes stalled

[15:18] {nemo} There...just finished waxing the canoe

[15:19] {nemo} mmmmmhhhh...utilities up today...$ getting stronger?

[15:20] {dino} stronger dollar not good for stocks

[15:20] {nemo} but good for utilities, tbill yields fall, money goes to utilities

[15:20] {dino} agree

[15:21] {nemo} look at the heat map on finviz.com...utilities only strong sector today

[15:28] {wulff} just made $25. YEAH!

[15:28] {nemo} frickin' canus lupus

[15:29] {Threei} how??

[15:29] {Threei} I want $25 too!

[15:29] {nemo} ebay

[15:29] {wulff} a very small long on AAPL

[15:31] {Threei} NYSE volume 875M shares, about 14% below its three-month average; decliners lead advancers by 9.4:1.

[15:31] {Threei} - NASDAQ volume 1.89B shares, about 2% below its three-month average; decliners lead advancers by 5.7:1.

[15:33] {Threei} White House; Expecting unemployment rate at 10% within next few months

[15:44] {nemo} anti rally!

[15:50] {vinod} have a nice evening see you tomorrow

[15:52] {dino} cya vin

[15:55] {Threei} take care vinid

[15:55] {Threei} okay guys, torture is over

[15:55] {nemo} what quote server vad...:)

[15:55] {Threei} lol

[15:55] {Threei} let's have a good evening, and see what tomorrow brings

[15:55] {dino} turnaround tuesday

[15:56] {nemo} Knew that was coming

[15:56] {dino} out qcom .60, +.10

[15:57] {nemo} what about met?

[15:58] {_levelseven} clwr finishing strong

[15:58] {dino} still holding

[15:59] {nemo} brave

[15:59] {dino} or stupid

[16:00] {nemo} I wasn't going there, but it's a hindsight kinda' thing

[16:00] {dino} time will tell

[16:00] {dino} it's small

[16:01] {dino} wmt, t, fdo, dltr, bwld, pnra strong considering

[16:01] {dino} vz too

[16:02] {dino} rmbs drop

[16:02] {dino} calling it a day, thx all

Jun 19 2009

Very nice with quite a few winning trades, notably RIMM in both directions. Good way to finish a profitable but somewhat boring week.

Session Time: Fri Jun 19 00:00:00 2009

[07:38] {_levelseven} 3i, u here?

[07:55] {_levelseven} SWHC gapped last night

[07:56] {nemo} No surprise, they're running 3 shifts

[07:59] {_levelseven} Rimm traded down to around 72 area last night, now almost fully recovered

[08:00] {nemo} I believe it's expiration strike is 75

[08:00] {_levelseven} almost green

[08:20] {nemo} l7 if you can, do Fib retracements on Rimm from their Aug 2008 high to the low in March, and then from March to the recent highs...interesting overlaps

[08:21] {_levelseven} insm gap

[08:22] {_levelseven} anyone hold tstr overnight?

[08:35] {Threei} no but held INSM

[08:35] {Threei} goiod morning

[08:39] {Threei} KS, you here?

[08:41] {Threei} nice gap TS... you held it l7?TR

[08:41] {Threei} TSTR that was

[08:42] {_levelseven} i held it but hasnt gapped yet, except for some tiny prints

[08:42] {Threei} I see, I thought there were bids earlier

[08:43] {_levelseven} swhc up but not much vol

[08:43] {Threei} my 4K of INSM worked nicely

[08:44] {_levelseven} i held insm but dumped at close

[08:44] {Threei} 08:27 AM [VVUS] Price target raised to $8 from $6 at Lazard Capital; Reiterated at Buy

[08:45] {Threei} wow RIMM

[08:45] {Threei} what a roundtrip

[08:45] {Threei} lol

[08:45] {_levelseven} yea, we woulda made big $$ last night

[08:47] {Threei} well, the downside is, we would have to spend it all on diapers

[08:48] {_levelseven} yea, other than scalpin those type stocks..too much stress

[08:49] {jfjf64} mornin

[08:49] {Threei} jf :)

[08:49] {Threei} magoo does this kind often

[08:49] {Threei} I do when I feel really adrenalin-deprived

[08:49] {_levelseven} ha

[08:50] {Threei} remember GOOG once... 15 points in a few second

[08:50] {_levelseven} i havent traded in several yrs..so...

[08:51] {_levelseven} good did me well back then...always got paid on earning day buying calls

[08:51] {_levelseven} good

[08:51] {_levelseven} goog

[08:59] {_levelseven} swhc chomping

[08:59] {magoo} morning

[08:59] {Threei} mags :)

[09:00] {magoo} hi vad..is there aapl news?

[09:00] {Threei} Smith & Wesson Holding Corp Guides Q4 R $99.5M v $91Me, To acquire Universal Safety Response, Inc.; Sees deal as accretive to FY2010

[09:00] {Threei} - Co entered into a definitive agreement to acquire Universal Safety Response, Inc. (USR), a privately held, full-service security systems solutions provider, for up to 9.7M shares of common stock and up to $26.2M in cash.

[09:01] {Threei} T Reportedly states that iPhone 3G S has exceeded expectations; Have sold hundreds of thousands via pre-orders (24.13, 0.00, 0.00%) (related AAPL )

[09:07] {Threei} INSM nice bidder

[09:10] {_levelseven} tstr waking up

[09:12] {Threei} yup, you've got nice bids now

[09:12] {Threei} you have a lot?

[09:12] {_levelseven} made 2 buys, still holding all

[09:13] {Threei} if enough shares, I'd give them half

[09:14] {fernp} good morning

[09:14] {Threei} fern :)

[09:15] {ese} top of the morning to you all

[09:15] {Threei} ese :)

[09:16] {cosmo} so its all downhill from here?

[09:16] {ese} whats looking good

[09:16] {Threei} lol cosmo

[09:16] {jfjf64} tiger tiger

[09:18] {Threei} is it Alfred Bester reference?

[09:20] {dino} gm all

[09:20] {magoo} howwas rimm report vad??

[09:20] {Threei} dino :)

[09:20] {Threei} [16:06] {Alert} Threei RIMM Reports Q1 $1.12 v $0.94e, R$3.42B v $3.43Be

[09:20] {Threei} [16:06] {Alert} Threei - Guides Q2 $0.94-$1.03 v $0.97e, R$3.45B-$3.7B v $3.61Be

[09:21] {vinod} GM to all

[09:21] {magoo} v :)

[09:22] {Threei} vinod :)

[09:27] {_levelseven} swhc found a big seller since hitting 6

[09:28] {dptl} good morning all

[09:29] {Threei} dp :)

[09:29] {nemo} gonna' be a big gap up day

[09:30] {magoo} wfc big drop

[09:31] {magoo} HIG may be a player today

[09:32] {nemo} rimm dump

[09:32] {Threei} guess who is coming on TV

[09:32] {magoo} unbelievable

[09:32] {nemo} the Obamation

[09:32] {nemo} where's Dino?

[09:33] {magoo} dunno

[09:33] {Threei} Long Setup: HIG .40 break

[09:33] {Threei} if stays above .30

[09:35] {ese} l qqqq .15

[09:36] {ese} out qqqq .22

[09:36] {ese} sorry all couldn't post fast enough

[09:36] {ese} +.07

[09:38] {dino} .

06[09:38] * nemo slaps dino around a bit with a large alarm clock

[09:39] {dino} :)

[09:39] {ese} l qqqq .20

[09:39] {magoo} RIMM rockin

[09:40] {magoo} WFC vad

[09:41] {Threei} one more leg down most likely

[09:41] {Threei} HIG lost support

[09:41] {nemo} no worky hig

[09:42] {magoo} l wfc .65

[09:42] {ese} out qqqq ..25

[09:42] {ese} +.05

[09:45] {ese} went for the q's again .20 but missed it

[09:45] {magoo} out wfc -.20

[09:46] {Threei} here comes next WFC dump for bounce

[09:46] {Threei} .50 crossback if holding .40

[09:48] {ese} l q's .25

[09:48] {Threei} 1:1 WFC

[09:49] {Threei} GOOG China orders Google to halt foreign searches - FT (416.07, 2.01, 0.49%)

[09:49] {Threei} nice

[09:50] {ese} out 'qs .22

[09:50] {nemo} becomes GOOG China-only

[09:50] {ese} -.03

[09:51] {_levelseven} exel

[09:51] {Threei} no news

[09:52] {magoo} any read RIMM here vad?

[09:53] {Threei} not yet mags... it needs to calm down a little more

[09:53] {magoo} ok

[09:53] {Threei} who partialled WFC, stop to under .50 for the balance

[09:54] {vinod} very heavy volume fo far

[09:54] {_levelseven} tstr trying

[09:54] {nemo} what are volume tendencies on quad witching hours?

[09:54] {vinod} I am still holding HIG

[09:55] {nemo} ays

[09:55] {nemo} days

[09:55] {Threei} see RIMM mags?

[09:55] {_levelseven} tstr nhod

[09:55] {vinod} double than average?

[09:55] {magoo} oh yea

[09:56] {magoo} looking at it constant

[09:56] {nemo} vinod didn't like your HIG stop vad :)

[09:57] {_levelseven} out 75% tstr

[09:57] {ese} l q's .27

[09:57] {Threei} wtg l7

[09:57] {vinod} hig in at .36 stop at .26

[10:01] {Threei} (RU) Russian President Medvedev: Pledges not to take unilateral action on emissions (related RSX )

[10:03] {_levelseven} out remainder tstr

[10:03] {nemo} I think the west is gonna' have a hard time getting Russia India and China on board with global warming...er...climate change intiatives

[10:03] {dino} staying away from beans i guess

[10:04] {_levelseven} sva

[10:04] {Threei} SVA Receives China''s First Influenza A (H1N1) Vaccine Order

[10:04] {Threei} - This order will be administered to 2 million people in the high risk group.

[10:04] {Threei} - Additional or... (3.90, 0.28, 7.73%) more...

[10:04] {nemo} don't quit your day job dino

[10:05] {Threei} - Additional orders are expected beginning in October and, in total, Sinovac expects to supply approximately 10 million doses to the Beijing government.

[10:05] {Threei} - The 10 million doses will be administered to 5 million people in Beijing.

[10:06] {dino} do we fill the open gaps today, that is the question

[10:06] {nemo} tis nobler

[10:06] {nemo} Alas poor Yorick

[10:07] {nemo} Ah, shit...too much caffeine

[10:07] {Threei} FITB

[10:08] {Threei} worth a try here for double bottom, if holding above .20

[10:08] {Threei} firts strength

[10:09] {dino} feels like gap fill coming

[10:09] {dino} ed's getting whacked

[10:12] {Threei} US) Dept of Labor: US payrolls declined in 39 states in May, 2009

[10:12] {Threei} - Reminder: US May unemployment rate came in at 9.4%

[10:16] {ese} l qqqq .19 avg price .24

[10:19] {_levelseven} sva bst

[10:19] {Threei} SVA becomes serious

[10:19] {dino} shld up to something

[10:19] {nemo} when earnings?

[10:20] {dino} dk

[10:21] {Threei} anyone's in FITB?

[10:21] {nemo} no

[10:21] {fernp} not here

[10:21] {vinod} no

[10:22] {wulff} dude...

[10:23] {wulff} AAPL doing well vs. RIMM

[10:23] {jfjf64} is worth try .30 vad

[10:24] {Threei} ?

[10:24] {magoo} i like rimm long

[10:24] {nemo} market probably sees zero-sum relationship in this environment

[10:24] {nemo} you always like rimm

[10:24] {magoo} :)

[10:24] {jfjf64} fitb

[10:24] {jfjf64} break .30

[10:24] {dino} sm l jpm .99

[10:25] {jfjf64} didnt tk earlier

[10:25] {Threei} hmmm

[10:25] {vinod} where one can lose most APPL or RIMM ?

[10:25] {Threei} I liked aggressive entry jf

[10:26] {Threei} .30 - could be, but only if holding above .25, IMO

[10:26] {jfjf64} ty

[10:30] {Threei} (RU) Russian Pres Medvedev: BRIC forum allows for coordinated polciy

[10:30] {Threei} - Group must help in the formation of new rules for global economy

[10:30] {_levelseven} sva trying to be big player

[10:32] {Threei} 4.60 break is valid trigger

[10:32] {Threei} just way too risky

[10:32] {Threei} mostly because it's a frikin AMEX stock

[10:33] {wulff} think rimm will bounce today?

[10:34] {Threei} it's not ready yet, IMO

[10:35] {jfjf64} ?

[10:35] {Threei} ?

[10:35] {wulff} ?

[10:36] {cosmo} rimm needs tire to bounce good

[10:37] {cosmo} ?

[10:40] {ese} had a pplan to trade the qqqq's today......wouldn't ya bloody know it...I pick a day when the thing is basically range bound

[10:41] {ese} it's all over the map all week.....and it says to itself hey.....ese is going to trade us today lets bugger up his plans!

[10:41] {dino} ioc

[10:42] {dino} es, you're hearing voices and i dream trades

[10:42] {ese} seems that way....

[10:43] {tomg} vad, i have 200 avii @1.69 from couple weeks ago. any read on it?

[10:43] {tomg} news?

[10:44] {nemo} maybe ese's having flashbacks?

[10:44] {Threei} no news since June 4

[10:44] {dino} he's more like flashdance

[10:44] {Threei} no clear idea why it moves

[10:45] {tomg} swine flu sympathy, i think

[10:45] {nemo} Jennifer Beal looked great in that movie, now she plays a lesbian

[10:45] {Threei} if this is it, then future fully depends on how things develop in that area

[10:46] {tomg} ok, ty

[10:46] {tomg} bbl

[10:46] {Threei} RIMM

[10:46] {Threei} this starts look like it's time

[10:47] {Threei} .20 break long

[10:47] {Threei} keep shares reasonable

[10:47] {magoo} must confess took 75.04 just now

[10:47] {Threei} don't put your whole family savings and future inheritance into this

[10:47] {Threei} use magoo's instead

[10:48] {magoo} u startin already?

[10:48] {Threei} lol

[10:48] {ese} out qqqq's .29

[10:48] {ese} +.05

[10:49] {dino} gj

[10:49] {ese} ok this can be done =.07 5K,+.05 5K, -.03 5k, and +.05 10k

[10:50] {ese} +.07 first one

[10:53] {magoo} rimm should get near 76 today..but man, it may rinse us out ouver-n-over

[10:53] {_levelseven} sva dive

[10:54] {nemo} look at hig

[10:55] {vinod} it took my 10 cent --HIG

[10:56] {ese} Vad....any suggestions for reading the qqqq index.......i thought that i would do this in reverse......look for strength in big volume tech issues ie intc csco etcetc for strength or weakness readings in qqqq's

[10:56] {nemo} volumes are up there

[10:56] {Threei} well... I prefer top down approach, not the bottom up

[10:57] {_levelseven} svabeat down, could be bounce under 4

[10:57] {ese} so reading an index is what you see is what you get?

[10:58] {Threei} it's a bit more complocated than that

[10:58] {Threei} the problem here is,

[10:58] {Threei} there is no a leader that would established oncwe and for all and showed the way to index

[10:58] {Threei} it can be INTC today

[10:58] {Threei} MSFT tomorrow

[10:58] {Threei} etc

[10:58] {ese} got ya

[11:00] {dino} coin toss es

[11:00] {dino} imo

[11:00] {ese} for sure.....just lookin for an edge

[11:00] {dino} i never found it

[11:01] {dino} w/the size of your trades, prehaps as simply as .25, .50, /75, .00 breaks either way

[11:01] {ese} intc wasn't it today for sure...it was more csco

[11:01] {ese} thats a good idea dino......gonna study that

[11:03] {dino} they seem to natrural continuation points for most stocks

[11:03] {ese} wanted to try the q's seriously because it can handle the 3k 5k lots much easier that even intc some days

[11:03] {dino} my only thought on you es, is you are crushing it lately, why change what is working?

[11:04] {Threei} FITB 1:1 for that late entry

[11:04] {Threei} 1:2 for the one I recomended

[11:04] {jfjf64} ty

[11:05] {nemo} RIMM maybe starting to look like a short

[11:05] {ese} tks.......still looking for consistency though like you and vad......it's kinda like day or 2 good.... 2 or 3 floundering.....system seems to be hit or miss

[11:06] {dino} gl

[11:06] {_levelseven} slim pickins today

[11:07] {Threei} quadriple wicthing

[11:07] {nemo} is he on?

[11:07] {_levelseven} dumps SVA in girlieman bounce

[11:07] {dino} lol

[11:08] {nemo} bye Rimm

[11:08] {magoo} yea out

[11:08] {magoo} strugglin today

[11:10] {Threei} never triggered by my setup

[11:10] {magoo} yup..i had a dime though

[11:10] {magoo} saw .24

[11:11] {magoo} but i want a rip

[11:11] {Threei} RIMM Hearing Societe Generale making cautious comments (timing uncertain) (74.70, -1.85, -2.42%)

[11:12] {magoo} Societe Generale

[11:12] {magoo} who??

[11:12] {dino} lol, 4 others upgraded rimm this a.m.

[11:14] {dino} ioc sm l .35

[11:18] {nemo} scraped the bottom with that one Dino

[11:18] {nemo} the evil grasshopper is back

[11:19] {ese} nasdaqi???? funny handle i like it

[11:19] {dino} got lucky waited awhile

[11:23] {_grasshopper} why is the "evil" grasshopper deemed evil?

[11:24] {nemo} voices in my head

[11:24] {Threei} I bet that's nemo's way to cause questions and strike conversation {G}

[11:24] {_grasshopper} I bet you're right Vad :) he is curious

[11:24] {_grasshopper} should I give him a hint?

[11:24] {nemo} No...obnoxious gene

[11:24] {Threei} only if you think you tortuted him enough

[11:25] {_grasshopper} he might like it if I did

[11:25] {Threei} we don't want that

[11:25] {_grasshopper} want a hint Nemo?

[11:26] {dino} gamblers moving, wynn, penn, lvs

[11:27] {nemo} if you want...

[11:28] {_grasshopper} I sat beside you for one of the sessions @ CTAB and you told me about this website

[11:29] {nemo} great....I have to look at my license in the morning to remember my name if I haven't had my coffee, and I'm supposed to remember that...o.k., I'll work on it

[11:29] {dino} stalker nemo, lol

[11:29] {_grasshopper} female, not male Nemo does that jog your memory

[11:32] {nemo} Yep...you were the only woman I sat next too for any of the sessions...

[11:32] {magoo} how did u know nemo was his call sign??

[11:33] {nemo} well, that's not quite true, there were the two women together on the first day

[11:33] {nemo} but I didn't talk to them

[11:33] {nemo} don't tell mags

[11:33] {dino} vad, see that online dating site idea is working

[11:33] {nemo} hardly...tough to date by airplane

[11:34] {Threei} Traders Unite?

[11:34] {wulff} look below the RIMM

[11:34] {nemo} mags...nemo is a cross-platform handle I use

[11:34] {Threei} FITB, if you are still 9in jf, time to dump, IMO

[11:35] {_levelseven} sva bounced nice after i gave up on it

[11:35] {magoo} so u even nemo on truckers CB?

[11:35] {nemo} [11:05] {nemo} RIMM maybe starting to look like a short

[11:35] {nemo} grasshopper, how's POT treating you?

[11:36] {magoo} what..ui two smoke together at conference??

[11:36] {Threei} rofl

[11:36] {nemo} no CB mags, I use digital frequency dispersion technology

[11:36] {_grasshopper} Well it was working until it didn't I expect a bounce after Monday

[11:37] {nemo} "it all works until it doesn't"

[11:37] {_grasshopper} true

[11:37] {nemo} I'm quoting someone familiar :)

[11:37] {_grasshopper} I know

[11:38] {nemo} I no u no

[11:38] {_grasshopper} suprised to see me here?

[11:38] {_grasshopper} Vad wasn't

[11:39] {Threei} I was, I just mask it well

[11:39] {dino} ioc stopped -.35

[11:39] {nemo} Well, you'd actually fit right in, now that I think about it

[11:39] {nemo} you on web or mirc?

[11:40] {_grasshopper} not sure

[11:40] {dino} jpm stop to .39

[11:40] {vinod} I think Sideway until 3.30 see you after 14.00

[11:40] {nemo} mirc is a little program window that sits on your screen, the other access is through a web page

[11:41] {_grasshopper} Hmmmm, not sure Nemo I can't tell from looking at this page

[11:42] {nemo} well, above the window, do you see anything with my name on it

[11:42] {_grasshopper} I do

[11:42] {nemo} click on it

[11:45] {_levelseven} tstr wont stop

[11:46] {dino} ioc blood, try again lower

[11:47] {dino} jpm stopped .39, +.40

[11:50] {Threei} US House Health care overhaul will reportedly require all americans to be insured, incorporates an employer mandate - unconfirmed report

[11:51] {nemo} of course that'll be what happens: everybody has to pay, and it'll be several thousand $ deductibles before you can get services

[11:52] {Threei} RIMM... feels like one more sharp drop is coming, and then bounce will become likely

[11:55] {wulff} like to see some cap. volume

[11:57] {Threei} on RIMM?

[11:57] {wulff} ya

[11:57] {Threei} yes, what we need is sharp long panic red bar

[11:57] {Threei} vlume becoming hysterical

[11:57] {wulff} sounds lovely

[11:58] {dino} 72s last night i think

[11:58] {_grasshopper} they really do like to crush the little people don't they

[11:58] {wulff} poor tiger +4 dino

[11:59] {nemo} RIMM 71.19 yesterday

[11:59] {Threei} that's what they do for a living.. they may not like it but they just do that :)

[11:59] {dino} ?

[11:59] {nemo} the market is unkind, it treats traders like sacrificial straw dogs

[11:59] {wulff} golf....

[12:00] {_grasshopper} I remember Geoff saying @ CTAB sometimes he and Pat say "well, it's time to fleece the sheople"

[12:06] {nemo} crissakes...5 point range on NAS 3 on S&P

[12:07] {Threei} IMO... RIMM dump is coming

[12:07] {Threei} can short new low

[12:07] {Threei} small lot

[12:08] {wulff} long it is

[12:08] {wulff} ( not really)

[12:08] {Threei} mutiny will be punished

[12:08] {Threei} severly

[12:08] {wulff} is there a woman involved?

[12:09] {Threei} cover half

[12:09] {Threei} or take scalp

[12:09] {Threei} easy money

06[12:10] * Threei slaps magoo around a bit with a large roll of cash

[12:13] {magoo} shorted aapl off your call too vad

[12:15] {Threei} worked nicely I see

[12:16] {magoo} from.16

[12:16] {Threei} L7's TSTR becomes insufferable

[12:16] {magoo} out .85

[12:16] {magoo} ty

[12:16] {Threei} welcome sir

06[12:17] * Threei is unusually and suspiciously polite today

[12:18] {magoo} went long aapl .85

[12:20] {Threei} (KS) US Navy may move to intercept North Korean ship suspected of carrying banned weapons - Fox News (related GLD EUR/USD )

[12:20] {nemo} I wonder if N Korea get's turned into a parking lot

[12:23] {dino} dji gap fill

[12:28] {dino} unlikely, most likely we bribe them again to stop being bad

[12:28] {magoo} aapl ,ong no work

[12:28] {nemo} fcx taking a header

[12:29] {magoo} vad..i thought the saying was "do not short dull mkts""this is DULLLLLLLLLLLLLLLLL

[12:29] {nemo} wait, it's dropped 70 points

[12:29] {Threei} it rather for the market that does nothing... this one is sliding :)

[12:34] {Threei} BAC Reportedly House panel is asking for more documents related to the Merrill Lynch acquisition (12.97, 0.07, 0.54%)

[12:35] {dino} \s/p gap filled

[12:35] {Threei} The committee has reportedly subpoenaed documents from the Fed

[12:37] {nemo} RIMM holding whil Qs slipping

[12:38] {dino} ioc rinsed

[12:43] {Threei} interesting

[12:43] {Threei} AAPL bounced nicely, RIMM is still there

[12:44] {Threei} feels like another short is brewing on it

[12:45] {Threei} .20 breakdown

[12:45] {Threei} if stays under .35

[12:45] {dino} 72s last night

[12:48] {Threei} I'll take irt aggresively:

[12:48] {Threei} .30 breakdown with stop above .40

[12:48] {Threei} in

[12:48] {Threei} and I'll take typing lessons

[12:50] {magoo} ill give u the name of my typioinhg teachers vad

[12:51] {Threei} I kan sea hees lesons do vonders for you

[12:51] {Threei} die RIMM

[12:51] {Threei} lose that .20

[12:52] {Threei} break down that wall

[12:52] {nemo} thanks Ronnie

[12:53] {Threei} intention:

[12:53] {dino} lol

[12:54] {Threei} if it loses .20 and dives fast, stop to above .35 and cover half

[12:54] {Threei} good boy RIMM

[12:54] {Threei} or is it girl?

[12:54] {Threei} half covered .14

[12:54] {dino} girl

[12:54] {Threei} okay then

[12:55] {Threei} stop trailed above .35

[12:56] {Threei} stop trailed above .30

[12:56] {Threei} beauty of aggressive entries

[12:56] {Threei} 1/4 more covered

[12:56] {Threei} .10

[12:58] {Threei} if that's not a joy

[12:58] {dino} gj

[12:58] {Threei} ty

[13:01] {Threei} stop to above .20

[13:03] {Threei} stop to above .15

[13:05] {Threei} cover at will

[13:10] {dino} rimm filling gap

[13:11] {dino} t sm l .85

[13:12] {Threei} I am done with RIMM short

[13:12] {Threei} +.40

[13:13] {jfjf64} nicely executed

[13:13] {Threei} ty

[13:13] {Threei} was dead giveaway

06[13:13] * magoo slaps Threei around a bit with a large trout

[13:14] {Threei} why... oh why

[13:14] {dino} dltr sm l .98

[13:18] {_levelseven} oh my, stepped out for a few and then SWHC makes its move

[13:27] {ese} nooooooooo....ese is just in watch mode.......

[13:32] {Threei} you out RIMM yet dino?

[13:32] {Threei} oh sorry, misunderstood... that was T

[13:33] {dino} no rimm

[13:33] {Threei} yeah, you said:

[13:33] {Threei} [13:10] {dino} rimm filling gap

[13:33] {Threei} [13:11] {dino} t sm l .85

[13:33] {Threei} and I mised little t

[13:34] {Threei} thought it was RIMM you bought, price was just right :)

[13:34] {Threei} I even covered to get out of your way {G}

[13:35] {magoo} im back long rimm vad looking for mega rip

[13:35] {magoo} in .11

[13:35] {magoo} i even put u in as a co-signer for bear security

[13:36] {Threei} lol

[13:43] {vinod} wow! you guys did good on RIMM congratulation

[13:43] {Threei} ty

[13:44] {Threei} both directions, like playing flute

[13:44] {magoo} rimm sees 75 today or vads living in that shak he posted earlir

[13:44] {ese} huh?

[13:45] {ese} like playing a flute

[13:45] {ese} ?

[13:45] {Threei} short, then switching to long

[13:45] {Threei} precision

[13:45] {ese} hmmmmmmm

[13:45] {_levelseven} tstr taking another dig?

[13:46] {jfjf64} law of attraction think it it happens hmmmm

[13:47] {jfjf64} only if it was that easy

[13:47] {ese} ya

[13:47] {Threei} NOVL JP Morgan analyst reportedly highlights that management has indicated its willingness to be acquired

[13:47] {Threei} hard to twell L7...

[13:48] {Threei} law of attraction is bs

[13:48] {jfjf64} lol

[13:48] {Threei} :)

[13:48] {Threei} if you want something to happen, make it happen by doing things, not by thinking them up

[13:49] {_levelseven} how about thinking about doing something?

[13:49] {Threei} remember all te buzz about movie Secret?

[13:49] {Threei} IMO, the biggest piece of crap

[13:49] {nemo} power of positive thinking

[13:49] {jfjf64} quote of the week like it

[13:49] {_levelseven} but how do u really feel

[13:49] {Threei} you don't want to know :)

[13:49] {nemo} Vad's always dancing around the issue

[13:49] {Threei} and sugracoat thing

[13:50] {Threei} s

[13:55] {_levelseven} tstr buyers come in waves, ever notice...then all is quiet

[13:55] {Threei} yeah

[13:55] {Threei} makes it ghard to read

[13:55] {_levelseven} like now

[13:55] {Threei} no steady flow

[13:55] {_levelseven} a promo or orchestrated

[13:56] {_levelseven} made new hi

[13:57] {_levelseven} maybe wants sniff 2 before its thru

[13:58] {jfjf64} lk at this tlb

[14:03] {magoo} vad PALM look

[14:04] {Threei} no fresh news

[14:06] {Threei} ready for bounce

[14:06] {Threei} .50 cropss baxck

[14:06] {Threei} atp under .40

[14:06] {Threei} stop

[14:06] {dino} app. lod

[14:06] {Threei} 1:1 easy

[14:10] {Threei} 1:2, I am out

06[14:10] * Threei slaps magoo around a bit with a large roll of cash

[14:10] {magoo} good alert eh?

[14:12] {dino} rimm lod

[14:13] {dptl} have a good evening all

[14:14] {dino} cya dp

[14:14] {Threei} take care dp

[14:17] {dino} neog

[14:17] {Threei} PALM Hearing vague chatter that Palm Pre smartphone sales may not be meeting some analyst expectations (timing uncertain) (13.52, 0.46, 3.52%)

[14:18] {Threei} White House Press Sec: Pres Obama will soon sign the tobacco regulation bill (related MO RAI STSI L LO PM CG )

[14:28] {dino} sm wide risky, s neog .16

[14:35] {dino} bstop is .51

[14:36] {dino} advs

[14:40] {dino} hate to say it, but... "dieeeeeee neog"

[14:42] {dino} esio

[14:43] {_levelseven} tstr heavily shorted imo

[14:50] {Threei} Short Interest (Shares Short) 1,534,600

[14:50] {Threei} Days To Cover (Short Interest Ratio) 4.1

[14:50] {Threei} Short Percent of Float 3.21 %

[14:50] {jfjf64} rimm

[14:51] {dino} cov neog .76, +.40

[14:55] {dino} too soon

[14:56] {nemo} looked it

[14:56] {Threei} MTXX

[14:56] {Threei} short into bounce

[14:56] {Threei} .49

[14:57] {Threei} stop .54

[15:01] {dino} nvec

[15:06] {Threei} 1"1

[15:06] {Threei} 1:1

[15:07] {Threei} and over

[15:08] {Threei} anyone?

[15:09] {jfjf64} tried charlie says no go

[15:09] {Threei} get real broker

[15:09] {jfjf64} crazy

[15:09] {jmb} thanks vad

[15:09] {Threei} jmb :)

[15:12] {Threei} guess who is going to be on TV soon

[15:12] {nemo} Ahmedinejad?

06[15:12] * Threei slaps nemo around a bit with a large dose of reality

[15:13] {nemo} uncalled for

[15:13] {Threei} excuse me... you expected me to be fair?

[15:13] {nemo} no expectations

[15:16] {nemo} you gonna' ask mags?

[15:18] {nemo} look at the charts of tck and fcx, carbon copies

[15:18] {nemo} well, almost

[15:18] {magoo} VADDDDDDd

[15:19] {Threei} gosh

[15:19] {Threei} scared me

[15:19] {Threei} RIMM

[15:19] {KSystems} FMCN reporting?

[15:19] {Threei} 73 break long

[15:20] {Threei} I don't see any reports today after close

[15:21] {dino} cmed, iat.l, bnkr.l yueif.pk

[15:23] {magoo} no vad...r or r

[15:23] {dino} neog wierd

[15:24] {Threei} I think r mags

[15:25] {magoo} ty

[15:27] {Threei} half out

[15:27] {Threei} .17

[15:27] {magoo} i cant boss

[15:27] {magoo} 74.47

[15:27] {Threei} ?

[15:27] {magoo} thats where im wait

[15:27] {Threei} wow

[15:27] {jfjf64} ty

[15:27] {Threei} are you greedy or what

[15:27] {Threei} jf :)

[15:27] {magoo} u gotta ask

[15:28] {jfjf64} me lk it

[15:28] {dino} out dltr .38, +.40

[15:30] {jfjf64} yikes

[15:31] {Threei} amazongly enough, this Frid woth quadriple witching turns out a very nice day

[15:33] {jfjf64} nice nice

[15:33] {Threei} honestly, I expected it to be empty

[15:33] {Threei} thought if we get 1-2 we will be lucky

[15:34] {dino} "thought", stop thinking 3i, it's friday afternoon

[15:34] {dino} sm s neog .35 risky

[15:34] {jfjf64} drink no think

[15:35] {Threei} here is president

[15:35] {Threei} talking on fatherhood

[15:39] {tomg} ty rimm, vad

[15:40] {tomg} got +.20

[15:40] {Threei} cool beans tom

[15:41] {dino} gj

[15:41] {tomg} ty :)

[15:51] {dino} neog bstop to .95

[15:51] {dino} stopped +.39

[15:51] {_levelseven} swhc closin strong

[15:54] {Threei} SYUT Discloses 10-k included going concern opinion from auditor

[15:54] {Threei} - Deloitte Touche Tohmatsu CPA Ltd. ("DTTC"), included an explanatory paragraph expressing substanti... (8.80, 0.10, 1.15%) more...

[15:54] {Threei} expressing substantial doubt regarding Synutra''s ability to continue as a "going concern" in its report on Synutra''s financial statements for the fiscal year ended March 31, 2009.

[15:54] {Threei} - As a result of the melamine incident and the related product recall, Synutra experienced significant operating losses and negative cash flows from operations for the fiscal year ended March 31, 2009. In addition, the operating losses have resulted non-compliance with certain covenants under its ABN Amro loan agreement.

[15:58] {Threei} okay guys, thank you all

[15:58] {Threei} have a great relaxing weekend

[15:58] {Threei} see you aall on Monday

[15:58] {dino} out t .00, +.15

[15:58] {dino} that's a rap

[15:58] {nemo} P&Q

[15:58] {dino} wrap?

[16:00] {dino} thx all, good times

Thu Jun 18 2009

Nice even though summerish-slow day. Nice INSM move and a few trades on RIMM in both directions made it worthwhile.

Session Time: Thu Jun 18 00:00:00 2009

[07:49] {_levelseven} how do you stop seeing the joins or leaves the room?

[08:05] {tomg} good morning levelseven, still need to know?

[08:07] {tomg} have to leave for a while, but just right click on #discussions, click on Events

[08:07] {tomg} check Hide in drop down boxes

[08:07] {tomg} bbl

[08:08] {_levelseven} ?

[08:08] {tomg} your question at 7:49

[08:09] {_levelseven} which drop down

[08:09] {_levelseven} been a few years for me..unfamiloiar

[08:09] {tomg} right click on #discussions on the switchbar

[08:09] {tomg} or #floor

[08:09] {tomg} or both

[08:10] {_levelseven} yes

[08:10] {tomg} then click on Events

[08:10] {_levelseven} goo it, thanks

[08:10] {tomg} welcome :)

[08:10] {tomg} bbl

[08:40] {_levelseven} m

[08:46] {Threei} *INITIAL JOBLESS CLAIMS: 608K V 604KE; CONTINUING CLAIMS: 6.687M V 6.840ME (first drop in Continuing Claims of 2009)

[08:46] {Threei} - Prior Jobless Claims revised from 601K to 605K

[08:46] {Threei} - Prior Continuing Claims revised from 6.816M to 6.835M

[08:47] {nemo} yeah, people still unemployed who don't qualify anymore

[08:47] {Threei} see? all problems resolve themselves if you don't intervene

06[08:48] * _levelseven slaps nemo around a bit with a large trout

[08:48] {Threei} "stop trying to feed starving, and starvation problem will be resolved by itself" logic

[08:49] {nemo} another case of fratricide inflicted upon me...oh the psychological damage

[08:58] {cosmo} acas must be hiring... it would seem

[08:59] {KSystems} good morning!

[08:59] {Threei} (RU) Russian Energy Minister: Half of new oil fields are unprofitable with $60/bbl crude, 39% of new fields unprofitable with crude at $80/bbl

[08:59] {Threei} KS :)

[08:59] {KSystems} 3i!

[08:59] {KSystems} you here?!

[09:00] {Threei} DRYS Has Signed Waiver Agreement With DnB NOR for $86 Million of Debt (6.28, 0.00, 0.00%)

[09:00] {Threei} hmm?

[09:00] {Threei} why wouldn't I be?

[09:01] {cosmo} i remember 3i

[09:02] {Threei} from yuesterday?

[09:02] {Threei} serious memory span {G}

[09:02] {KSystems} anyone except me having any MTXX left?

[09:03] {KSystems} wrong word {{---still waking up

[09:03] {Threei} I think a whole lot of angry shareholders

[09:03] {KSystems} lol

[09:04] {Threei} lwet me find it

[09:04] {Threei} oops

[09:10] {vinod} GM to all

[09:11] {Threei} vinod :)

[09:15] {Threei} OPEC President Vasconcelos: Oil prices are satisfactory for producers and consumers at the moment

[09:15] {Threei} - Oil at $70-75/barrel range is positive for the economy

[09:15] {Threei} whose economy?

[09:19] {ese} good morning.....

[09:19] {Threei} ese :)

[09:19] {dino} gm all

[09:19] {Threei} dino :)

[09:19] {ese} hey vad ...dino

[09:20] {fernp} good morning

[09:20] {Threei} fern :)

[09:20] {dino} :)

[09:21] {ese} fern

[09:22] {fernp} ese

[09:25] {vinod} Expecting wild swing because of Quadruple expire end of week.

[09:27] {Threei} wild swings would be fine... main question is, will there be rythm and readability to them

[09:28] {magoo} morning

[09:28] {Threei} CAT Release Dealer Statistics for 3 months, May Retail sales North America -57%, World with Cat Japan -43% - filing

06[09:28] * nemo slaps magoo around a bit with a large trout

[09:28] {vinod} for that we have BOSS

[09:28] {Threei} mags :)

[09:29] {Threei} no pressure eh vinod :)

[09:29] {nemo} as long as you get 5 out of 6 winning trades per hour

[09:29] {vinod} I am learning from the group

[09:29] {nemo} 1:2 at least

[09:34] {Threei} US Tsy Geithner: Must act to restore confidence; will work through any disagreements to regulatory reform

[09:34] {nemo} As long as the Fed runs everything, that is

[09:36] {jfjf64} mornin

[09:36] {Threei} jf :)

[09:36] {magoo} rimm clubbed again

[09:37] {Threei} no news

[09:37] {nemo} earnings tonight

[09:37] {jfjf64} had to mk my payment to room russian mob was knockin on door

[09:38] {Threei} as long as you keep Ivan the Enforcer and Yuri the Kneecapshooter happy, you will be fine

[09:40] {Threei} watching WFC for bounce

[09:40] {ese} NPBC

[09:40] {ese} .90 if it stays above .80

[09:41] {ese} very tight range

[09:42] {dino} snda sm l .00

[09:42] {Threei} WFC bounced before I could type alert

[09:42] {ese} invalid

[09:43] {jfjf64} ccl

[09:43] {wulff} +.10 WFC

[09:43] {Threei} slow trade, low risk:

[09:43] {Threei} Long Setup: INSM .25

[09:44] {ese} gj wulf

[09:44] {Threei} if stays above .15

[09:44] {Threei} or above .20 for hardcore scalpers

[09:44] {Threei} grrr WFC

[09:44] {Threei} excatly the type of bounce I was looking for

[09:47] {Threei} Long Setup: STT half lot .55

[09:48] {Threei} if stays above .40

[09:48] {ese} l npbc .92

[09:50] {ese} npbc stopped .82

[09:50] {ese} -.10

[09:50] {ese} on 3k

[09:51] {ese} oh sure???

[09:51] {ese} just go back on up there why don't ya

[09:52] {jfjf64} ese what ya watchin

[09:52] {ese} i needed my weekly dose of education this week anyhow

[09:52] {ese} npbc

[09:52] {Threei} WFC... crying here

[09:53] {ese} ya i saw that vad

[09:53] {nemo} stt on?

[09:53] {magoo} magoo hands vad box of used tissues

[09:53] {Threei} dropped too far

[09:53] {Threei} needs to reestablish itself

[09:54] {Threei} INSM pesky scalpers have 1:1

[09:54] {nemo} only got a partial :(

[09:56] {Threei} 1:1 for daytraders on INSM

[09:57] {ese} grrrrrrrr npbc

[09:57] {vinod} 0ut 2.36

[09:57] {vinod} TY vad I had 5K

[09:57] {Threei} cool beans, wtg

[09:57] {Threei} that's how these little thick ones are tyo be played

[09:57] {ese} insm vinod?

[09:58] {vinod} yes ese I got in at 2.22 did not wait for break

[09:58] {ese} nice......

[09:58] {nemo} Ready, fire, aim

[09:58] {nemo} what was your stop Vinod?

[09:58] {ese} too funny nemop

[09:59] {ese} sory nemo

[09:59] {ese} nemop is good though

[09:59] {Threei} the most satisfying thing vinod: have you ever heard of INSM before this mnute?? :)

[09:59] {ese} has that floppy ring to it

[09:59] {Threei} knew what it does?

[09:59] {Threei} what sector it is in even?

[09:59] {nemo} medical

[09:59] {Threei} *JUNE PHILADELPHIA FED INDEX: -2.2 V -17.0E

[09:59] {vinod} never heard and do not know compny name

[10:00] {Threei} there you go

[10:00] {Threei} real day trader is being born

[10:00] {Threei} all you need to know is: it's setting up

[10:00] {ese} good job vnod

[10:00] {dino} thats' wrong not knoweing company, lol

[10:00] {Threei} grab it, profit from it, forget about it till it sets up again

[10:00] {Threei} it is dino... and we are proud of being so wrong so often :)

[10:01] {dino} lol

[10:01] {nemo} it's like a good one night stand

[10:01] {Threei} *MAY LEADING INDICATORS: 1.2% V 1.0%E

[10:01] {Threei} - prior revised from 1.0% to 1.1%

[10:01] {Threei} this analogy is often applied to daytrading nemo

[10:02] {magoo} f'in dino

[10:02] {dino} :)

[10:02] {vinod} nemo- even in my younger days i did not do that

[10:02] {Threei} Long Setup: SVNT .60 break

[10:02] {nemo} here you make money, they're you have to spend it...and how many times can you pull it off more than once a day, nevermind every day

[10:02] {Threei} aww

[10:02] {Threei} late

[10:03] {dino} snda stop to .20

[10:03] {dino} out snda .20, +1.20

[10:03] {Threei} ok, let's try to enter conservatively

[10:03] {nemo} got your groove back?

[10:03] {Threei} first strength from here

[10:03] {Threei} if holding above .50

[10:03] {dino} no takers?

[10:03] {Threei} in .53

[10:03] {Threei} stop .45

[10:04] {ese} l qqqq .94

[10:04] {Threei} wtg dino

[10:04] {dino} ty

[10:04] {magoo} [10:02] {magoo} f'in dino

[10:04] {magoo} ok..grabbed .58 svnt

[10:05] {Threei} a bit high

[10:05] {magoo} it was first strength

[10:05] {magoo} went back .62

[10:06] {Threei} no go

[10:07] {Threei} it started upticking from .51 and was avilable at better prices

[10:07] {Threei} .58 is kind of far from optimal price

[10:07] {magoo} no biggie..but u owe me one

[10:07] {nemo} yeah, he made you get in .05 above his entry

[10:08] {Threei} wow BAC

[10:08] {magoo} exactly!!!

[10:08] {nemo} Vad's...eh...um...er...moral suasion?...is quite powerful

[10:09] {Threei} moral?

[10:09] {Threei} there is nothing moral about my suasion

[10:09] {magoo} suasion

[10:09] {magoo} no bathroom talk

[10:11] {Threei} JP Morgan analyst says sugar and ethanol prices have moved higher ahead of fundamentals, recommends avoiding Brazilian sugar stocks

[10:11] {Threei} okay

06[10:11] * Threei crosses out Brasilian sugar stock

[10:11] {ese} out qqqq .00

[10:11] {dino} wynn sm l .00

[10:11] {ese} +.06 10k of the little beggers

[10:12] {ese} auch aye.....nah thaaa is muir like it lads

[10:13] {wulff} +1.5 GS sm

[10:14] {ese} licks tip of pencil...and crosses out brazilian sugar stock

[10:15] {nemo} what

[10:16] {nemo} s your stop dino?

[10:16] {ese} bstop intc .23

[10:17] {ese} forget bstop....will just buy at .23

[10:19] {Threei} INSM, who partialled - stop to under .25 for the balance

[10:19] {Threei} ese... I have a good reason to beat myself up

[10:19] {Threei} have a look at 1 min FITB

[10:19] {magoo} feel bad about magoo?

[10:19] {Threei} perfect double bottom

[10:19] {dino} .59

[10:20] {Threei} confirmation at 6.80

[10:20] {ese} don't tell me.....then i've missed it too

[10:20] {Threei} absolutely beautiful setup, textbook

[10:21] {ese} this should come back

[10:21] {ese} fitb

[10:21] {ese} nooooooooooooo!!!!!!!!!

[10:22] {ese} auch nu aye......di no take it

[10:22] {nemo} look at tck

[10:22] {dino} bby continues down

[10:23] {dino} wynn stopped -.41

[10:24] {ese} L fitb. .06

[10:26] {nemo} fcx bottom of box range

[10:26] {ese} auchhhhhhh ....do not !!! i repeat....do not be a bull trap

[10:29] {Threei} Short Setup: SVNT .25 break

[10:29] {Threei} if stays below .35

[10:30] {Threei} CYTK Hearing Credit Suisse making positive comments (timing uncertain) (2.79, 0.09, 3.33%)

[10:30] {Threei} Credit Suisse cares to make comments about CYTK?

[10:36] {nemo} svnt didn't give much ime to get in

[10:37] {ese} out fitb . 05

[10:38] {ese} -.01 was not looking good

[10:38] {vinod} yes nemo no SVNT for me

[10:39] {jfjf64} vad watchin npbc

[10:39] {Threei} not so far but looks interesting

[10:40] {Threei} 5.06 long if stays above 5 for instance

[10:40] {magoo} read AMZN vad"?

[10:40] {Threei} short

[10:41] {Threei} .35 breakl

[10:41] {magoo} im looking for bounce actually

[10:41] {Threei} shrug

[10:41] {ese} have seen this type of rounded top before with stocks on 1 min ch

[10:41] {Threei} you asked for read :)

[10:41] {magoo} good one two

[10:42] {Threei} next time be more precise: "Vad, got a read that would coincide with mine?"

[10:43] {ese} phew ...better the -.01 than whatever is going to happen here...was carrying too many shs

[10:43] {magoo} ok

[10:44] {magoo} id make a great dictator then

[10:44] {Threei} lol, I can feel magoo coming up with comeback

[10:44] {Threei} hey, there is nothing wrong with dictatorship... benevolent one of course

[10:51] {Threei} AMZN, those who trusted me and went for it, feel free to cover

[10:52] {magoo} that does itttttttttttttt

06[10:52] * magoo slaps Threei around a bit with a large trout

06[10:52] * magoo slaps Threei around a bit with a large trout

06[10:52] * Threei slaps magoo around a bit with a large volume of the book Be a Good Dictator if You Must Be One

06[10:52] * magoo slaps Threei around a bit with a large trout

[10:52] {Threei} see, my slaps are aso much more inventive

[10:53] {Threei} one is worth three of your tired trout

[10:53] {magoo} u know what happened to the chinese peasant who first invented means of flight right?

[10:54] {Threei} yeah

[10:54] {magoo} the emperor excuted him to protect china ability to defend with the great wall

[10:56] {Threei} ok, you convinced me... I will apply for emperor and withdraw my application for inventor

[10:57] {Threei} RIMM

[10:57] {Threei} looks like setting up for long

[10:58] {Threei} get it as close to .50 as possibl;e

[10:58] {Threei} stiop under .40

[10:58] {Threei} alternatively,

[10:58] {magoo} troo funny vad

[10:58] {Threei} wait for .60 break

[10:58] {Threei} as a trigger

[10:58] {magoo} rogllol

[10:59] {ese} hmmmmm was logged out for a minute...am back though

[11:00] {Threei} US Treasury to sell $40B in 2 year, $37B in 5 year, $27B in 7 year notes (related TLT SHY IEF )

[11:01] {magoo} in rimm

[11:01] {Threei} those who took it near .50 got 1:1

[11:01] {Threei} those who took .60, not yet

[11:01] {magoo} .60 here

[11:01] {Threei} wow

[11:01] {Threei} I mean WOW

[11:01] {Threei} magoo changes his colors

[11:01] {Threei} no aggressive entry

[11:01] {magoo} nah..in goog too at 114

[11:02] {dino} ge l .70

[11:03] {Threei} MTXX conference call?

[11:03] {Threei} yes

[11:04] {Threei} STSI, wow

[11:07] {Threei} something hopeful probably being said

[11:08] {Threei} MTXX Exec: our data does not show link between Zicam and loss of sense of smell - conf call (6.39, 0.26, 4.24%)

[11:14] {magoo} waiting for goog @ .77..but will eject on a dime

[11:14] {jfjf64} npbc ty

[11:15] {Threei} :)

[11:16] {jfjf64} rimm lk good here

[11:16] {magoo} still in vads rimm..thinkin over 77

[11:16] {magoo} everything needs mkt help of course

[11:18] {Threei} RIMM forms new setup

[11:18] {Threei} .71 break long

[11:18] {Threei} if stays above .60 - .65

[11:18] {magoo} changed goog exit to .16

[11:18] {magoo} 416.19 actually

[11:19] {Threei} with any market help, should be good for near 77

[11:21] {Threei} DNDN?

[11:22] {Threei} no news that I see

[11:28] {_levelseven} tstr any news?

[11:29] {Threei} not since Apr 2, lol

[11:30] {dino} out ge .821, +.12

[11:31] {ese} see ya in about and hour or so.....

[11:32] {fernp} bye ese

[11:33] {Threei} take care ese

[11:37] {nemo} mags!

[11:41] {jfjf64} vad cvh watchin if it test today high seems lk it cd go for while ???

[11:42] {Threei} can't tell jf... this slow trading on it opens doors for any outcome with equal chances

[11:42] {jfjf64} or think it lost steam

[11:43] {Threei} 50/50

[11:43] {jfjf64} no lk 50/50 ty

[11:48] {jfjf64} rimm

[11:48] {jfjf64} can ya say 77

[11:49] {Threei} lemme try

[11:49] {Threei} 77

[11:49] {Threei} yes I can

[11:50] {magoo} sorry..had phone call

[11:50] {jfjf64} every body 77

[11:50] {magoo} obviously out goog + 1 point {missed the best exit because of greed}

[11:50] {magoo} still in rimm looking for 77

[11:51] {Threei} here we go

[11:51] {nemo} wish I were going to be around for the RIMM fireworks tonight

[11:51] {jfjf64} nice 77

[11:55] {jfjf64} ccl

[11:59] {magoo} long aapl here .11

[11:59] {magoo} wow fast

[11:59] {magoo} judst tok it

[12:04] {magoo} waiting aapl .47

[12:05] {magoo} waiting rimm .578

[12:05] {magoo} trying for 1 point for the vadster

[12:05] {Threei} MDT Raises dividend to $0.205 (33.35, 0.42, 1.28%)

[12:06] {magoo} out RIMM + 1 POINT VAD

[12:06] {Threei} wtg

[12:06] {magoo} TY

[12:06] {magoo} your call..my ball

[12:07] {Threei} let's leave it in singular, deal?

[12:07] {Threei} not looking forward for plural version of that statement

[12:07] {magoo} huh?

[12:07] {magoo} oh roflol

[12:07] {Threei} :)

[12:12] {_levelseven} stsi another nhod

[12:13] {Threei} no news

[12:15] {magoo} trying for .38 aapl

[12:16] {magoo} grrrrrr

[12:16] {magoo} out TY vad + .27

[12:16] {magoo} [12:04] {magoo} waiting aapl .47

[12:17] {magoo} impatuient

[12:17] {magoo} wantred the $$

[12:17] {magoo} for my typing class, nbounced lastb check

[12:20] {Threei} wow RIMM drop

[12:21] {Threei} .36 long

[12:21] {Threei} stop under .25

[12:23] {Threei} invalidated

[12:23] {nemo} Everybody remembered earnings tonite

[12:43] {magoo} .

[12:47] {ese} howssszit goin?

[12:47] {Threei} magoo made full point... and understood my joke

[12:47] {Threei} I would asay it's remarkable day

[12:47] {Threei} for both of us

[12:47] {ese} just in time to see qqqq shoot up......

[12:48] {ese} whats up there....whats the news

[12:48] {Threei} none

[12:50] {ese} tks

[12:51] {nemo} tck on 5 minute looks interesting above .20 and just broke .15 on the 1 minute

[12:52] {Threei} I like its look

[12:53] {Threei} sheesh RIMM

[12:53] {nemo} oh shit

[12:53] {Threei} double bottom RIMM

[12:53] {Threei} off 77

[12:54] {Threei} just a scalp

[12:57] {Threei} US Treasury Sec Geithner: On the verge of putting in action plan to buy distressed bank assets with TARP funds (related XLF )

[12:58] {Threei} our RIMM

[12:58] {Threei} out

[13:09] {Threei} TCK 1:1

[13:10] {_levelseven} tstr picking its head up

[13:32] {magoo} ..

[13:32] {Threei} skipping . ?

[13:33] {Threei} going staright for .. ?

[13:33] {magoo} wow u notivced

[13:33] {Threei} me observant

[13:34] {magoo} hows mkt volume today?

[13:35] {Threei} lousy

[13:36] {jfjf64} stt climb climb

[13:36] {nemo} were's ese, time for a rimm shot...I mean...short

[13:37] {vinod} rimm-earning after close

[13:37] {nemo} that must be like the 10th time it's been mentioned today

[13:38] {vinod} I just found out

[13:44] {magoo} hey nemo..is RIMM reporting tonite or tomorrow? LOL

[13:44] {nemo} 2nite

[13:44] {magoo} u missed golden opportunioty to dispense fish

06[13:44] * nemo slaps magoo around a bit with a large gold fish

[13:45] {nemo} 2 birds with one stone

[13:46] {nemo} If you were talking about trouting vinod...well, nobody's ever trouted vinod that I can remember. So....

[13:46] {vinod} someone knows earning it went from 84 to 76 from friday to today

[13:47] {nemo} You mean.....somebody has inside information......nahhhh

[13:47] {vinod} yes, they always do

[13:50] {jfjf64} 77 break rimm gettin ready for take off

[13:51] {Threei} vinod... this RIMM drop is the same as market

[13:51] {Threei} so... can be just as easily its usual market folowing

[13:51] {_levelseven} tstr looking like player

[13:52] {nemo} it was up like 130% from it's lows, and had eaten halfway through it's gap down in October

[13:55] {vinod} got to go have a nice evening

[13:56] {Threei} take care vinod

[13:56] {magoo} bye V

06[13:56] * magoo slaps vinod around a bit with a large trout

[13:56] {magoo} his first fish

[13:57] {dino} bby l .35

[13:58] {Threei} nice one l7

[13:59] {nemo} where'd you find that one?

[14:00] {Threei} CA) BoC's Carney: Stress on households are rising; interest rate will remain at 0.25% for 12 months if inflaiton remains controlled

[14:09] {magoo} we in anything boss? {cause im flat here}

[14:09] {dino} bby stop is .19 fwiw

[14:09] {dino} brb

[14:09] {Threei} no

[14:18] {dino} bby stopped -16

[14:30] {Threei} wow... long period of market being locked

[14:30] {dino} pot sm l .50

[14:31] {Threei} wanted RIMM short at .50 break, happened too fast for alert

[14:31] {Threei} let's see if it bounces back into resistance for short

[14:33] {Threei} here we go

[14:33] {Threei} got .46

[14:34] {Threei} haf out

[14:35] {Threei} what's got into FCEL?

[14:38] {Threei} out 1/4 more RIMM

[14:41] {Threei} out last portion

[14:52] {patience} no, patience is patiently sitting in tck/b stocks waiting to sell....

[14:55] {Threei} SLM got slightly cramerized

[14:56] {dino} pot stopped

[14:57] {_levelseven} got dc'd

[15:08] {magoo} VAD DCC quick

[15:14] {magoo} rip or rott boss?

[15:15] {Threei} rip

[15:18] {magoo} candidates?

[15:19] {Threei} hmmm

[15:19] {Threei} not RIMM

[15:21] {_levelseven} can things get any slower

[15:21] {Threei} yes they can!

[15:21] {Threei} I am optimist

[15:22] {_levelseven} hmm

[15:22] {Threei} whole day less than 20 points NQ range

[15:22] {Threei} it's a miracle we found what we did

[15:23] {magoo} u da nam

[15:23] {_levelseven} u performed a miracle?

[15:24] {_levelseven} looks like ima take home some tstr if it stays strong..maybe news coming

[15:24] {Threei} yes l7 but not voluntarily - magoo made me do it

[15:24] {nemo} nite folks off to see the...

[15:24] {Threei} he regularly squeezes 3-4 miracles a week out of me

[15:25] {magoo} vad performs well under the gun

[15:25] {Threei} even better WITH the gun

[15:25] {Threei} told you not RIMM, lol

[15:25] {Threei} look at it dropping

[15:26] {Threei} now... INSM...

[15:26] {Threei} what's with this doggy

[15:26] {Threei} intrigues me

[15:31] {Threei} new high

[15:34] {Threei} RIMM is getting murdered

[15:35] {ese} howdy boyzzza hows your day goin

[15:35] {ese} talkin to live from Victoria higha schoola

[15:35] {ese} talkin to you

[15:35] {Threei} tough ese... magoo is not laughing at my jokes anymore and makes me perform miracles

[15:36] {ese} hmmmmmmm

[15:36] {ese} tough customer ehh

[15:36] {patience} and girls ese

[15:36] {magoo} and dcc him with threats

[15:36] {ese} opps

[15:36] {Threei} and this is on the day when I made my first good joke in decades

[15:36] {Threei} (or at least what I think is good joke)

[15:36] {magoo} and got me a point

[15:37] {Threei} that I don't mention - I get points more often and than make good jokes

[15:37] {ese} my appologies patience

[15:38] {patience} buy me a drink ese, i'll forgive you

[15:38] {ese} done

[15:38] {ese} lots of lemon chello at my house when you are on your run

[15:38] {Threei} INSM is still at it

[15:38] {_levelseven} insm moving 3i

[15:40] {ese} anybody take insm? looks like a nice move

[15:40] {patience} ok, who thinks we are green tomorrow morning?

[15:40] {magoo} rimm will be the faxctor

[15:40] {ese} me

[15:41] {patience} flip a coin for me ese, do i cut loose my tck tonight or put in an overnight sell order. i am up $1.17

[15:41] {ese} whats tck patience?

[15:41] {patience} teck

[15:42] {ese} hmmmmmm

[15:42] {ese} market has to finsh strong today i think with tech leading

[15:43] {patience} so far i like volume and price...hum to dum, what to do

[15:44] {dino} cetv spike

[15:44] {ese} buzzer going.......being called into an exam....see ya all tomorow.....good luck with it patience

[15:45] {patience} ty, i'm selling it :)

[15:51] {_levelseven} tstr good buying, stubborn seller

[15:55] {_levelseven} nhod

[15:55] {dino} rbcaa

[15:56] {magoo} ok..ty vad..everyone

[15:56] {Threei} TATR broke

[15:56] {Threei} TSTR

[15:57] {Threei} funny.. two small movers, stubbornly making new highs, and no slightest hint of news

[15:57] {Threei} anyway, good ctach L7

[15:58] {Threei} okay guys and gals

[15:58] {Threei} thank you all

[15:58] {Threei} have a good evening

[15:58] {Threei} see you tomorrow

Jun 17 2009

Nicely profitable day, mostly thanks to MTXX and SVNT. Trading is disconnected, every trade is like stand-alone tree, no forest in sight.

Session Time: Wed Jun 17 00:00:00 2009

[08:10] {Threei} Good morning

[08:11] {Threei} poor STSI

[08:11] {Threei} Star Scientific, Inc. Confirms that jury verdict was announced in patent infringement lawsuit in favor of RJ Reynolds

[08:11] {Threei} - The jury found that the two Star patents at issue in the case were not valid, and were not infringed.

[08:11] {Threei} - The company will file a motion with the US District Court for Judgment as a Matter of Law or a New Trial within the next ten days.

[08:11] {Threei} - If that motion is not granted, the company's appellate counsel then will file a notice of our intent to appeal the verdict with the United States Court of Appeals for the Federal Circuit as soon as practically possible.

[08:11] {nemo} Oh well

[08:11] {Threei} Preview: May Consumer Price Index, CPI ex Food & Energy and CPI NSA due at 8:30 am ET

[08:11] {Threei} Consensus expectations

[08:11] {Threei} - Consumer Price Index m/m: 0.3%e vs 0.0% last.

[08:11] {Threei} - CPI ex Food & Energy m/m: 0.1%e vs 0.3% last.

[08:12] {nemo} ex food and energy...always love that

[08:13] {Threei} (US) White House Advisor Goolsbee: Fed will be a "day-to-day" supervisor of financial institutions - CNBC (related EUR/USD XLF )

[08:14] {nemo} makes me feel safer

[08:29] {nemo} mtxx dropping fast

[08:30] {Threei} MAY CONSUMER PRICE INDEX M/M: 0.1% V 0.3%E;

[08:31] {Threei} 08:30 AM [CYTR] Tamibarotene Demonstrates Statistically Significant Anti-Tumor Activity in Animal Trial for Multiple Myeloma

[08:33] {_levelseven} animal trial? lol

[08:34] {Threei} CPI EX FOOD&ENERGY M/M: 0.1% V 0.1%E

[08:34] {Threei} yeah... another lucky mouse

[08:35] {Threei} 1.30 buyer can't understand what hit him

[08:36] {Threei} UAUA Guides Q2 capacity -9% y/y, traffic -9.5-10% y/y, PRASM -17.9%-18.9% y/y

[08:36] {Threei} - At end of Q2 see unrestricted cash balance at $2.5B

[08:36] {_levelseven} the good news is, in 5 yrs they may actually start Phase I clinicals on a human

[08:37] {Threei} SVNT... I'd expect more enthusiasm

[08:38] {Threei} and MTXX just can't pick itself up from the floor

[08:40] {jfjf64} time to mk the donuts

[08:43] {Threei} mk? I prfr to et

[08:43] {jfjf64} me too

[08:45] {Threei} Reminder: Fed Chairman Bernanke scheduled to speak at a financial literacy summit in D.C. at 9amET

[08:45] {Threei} - an advanced text is expected; he will not take Q&A.

[08:45] {jfjf64} pres at 12 45

[08:46] {Threei} on financial regularion overhaul?

[08:46] {jfjf64} y

[08:47] {jfjf64} could be good for us i hope

[08:47] {nemo} no fffffn way

[08:48] {jfjf64} big time frame no 1 min chart hope lol

[08:57] {cosmo} alvr

[08:59] {fernp} good morning everybody

[08:59] {Threei} cosmo, fern :)

[09:01] {_levelseven} stsi big pop

[09:02] {Threei} no new news

[09:04] {_levelseven} hit mid 80's earlier i think

[09:05] {ese} morning

[09:05] {Threei} ese :)

[09:05] {cosmo} alvr tests 4 soon ... i think

[09:07] {_levelseven} alvr have news?

[09:08] {cosmo} Alvarion wins $100 mln contract, shares surgeat Reuters(Wed 3:20am)

[09:08] {cosmo} pre mkt

[09:15] {magoo} morning

[09:15] {Threei} magoo :)

[09:15] {magoo} what we stalking vad?

[09:16] {Threei} MTXX, SVNT

[09:16] {magoo} ok

[09:18] {_levelseven} how lo did m this morn

[09:19] {_levelseven} mtxx

[09:19] {Threei} almost 5.20

[09:21] {dino} gm all

[09:21] {Threei} dino :)

[09:21] {patience} good morning guys....vad, where is the sun today?

[09:22] {Threei} patience :)

[09:22] {Threei} hmmm... I assumed in its usual position... no?

[09:23] {Threei} hmmm

[09:24] {Threei} I may have to leave you guys for a few years, for serious humanitarian reason

[09:24] {Threei} Hello,

[09:24] {Threei} I am only sixteen years old girl orginally from Zimbabuwe, I am looking for a guardian to assist in my present and future life and i will live with you. I have inherited funds that i would want to be claim on my behalf by anyone that will accept to be my guardian and take care of my education and everything from now, after he or she must have received the money.

[09:25] {Threei} I mean... someone should help poor kid, right?

[09:25] {nemo} 16.....cool

[09:25] {nemo} How do you define "help?"

[09:25] {Threei} "guardian to assist in my present and future life "

[09:25] {cosmo} how much money?

[09:25] {Threei} "take care of my education"

[09:25] {nemo} not how SHE defined it

[09:26] {ese} i think your performing a humanitarin service by trying to make us "POOR" sods better trader

[09:26] {Threei} also,

[09:26] {Threei} Right now my life is in serious danger and i want you to be my guardian and make the claim for me

[09:26] {ese} traders...plural

[09:26] {cosmo} hey...no problem....sheesh

[09:27] {nemo} fcx dropping like a stone...no pun of course

[09:29] {Threei} good

[09:29] {Threei} it's canadian dollar ETF, right?

[09:29] {nemo} FCX...mining stock

[09:29] {nemo} Freeport McMoran

[09:29] {Threei} oh... confused wit something then

[09:30] {nemo} FXC is canadian $ etf

[09:30] {Threei} lol

[09:30] {nemo} FXA australian

[09:30] {Threei} close enough

[09:30] {nemo} FXE euro

[09:30] {nemo} you get the drift

[09:32] {magoo} RIMM Vad

[09:32] {magoo} look

[09:32] {Threei} eeck

[09:32] {Threei} Long Setup: MTXX .80 break

[09:32] {Threei} stop under .70

[09:33] {dino} qcvom l sm .20

[09:33] {dino} qcom

[09:33] {ese} l agen 27

[09:33] {dptl} good morning all

[09:34] {Threei} dp :)

[09:34] {_levelseven} alvr, nice call whoever made it

[09:34] {ese} out agen .33

[09:34] {Threei} cosmo did

[09:34] {ese} + .06

[09:35] {ese} bad fill...tried for .25

[09:35] {Threei} half out MTXX who got it

[09:36] {ese} was in agen

[09:36] {Threei} 1/4 more out

[09:36] {Threei} out in full

[09:36] {ese} god one vad

[09:36] {Threei} a bit too early

[09:37] {ese} good

[09:37] {magoo} out 6.22 TY vad

[09:37] {magoo} fast

[09:37] {Threei} mags :)

[09:37] {Threei} as you like it

[09:37] {_levelseven} wow alvr insane

[09:37] {magoo} yea..took .79 no time to post

[09:37] {cosmo} :)

[09:37] {ese} .50 pts is a pretty good move

[09:37] {Threei} that's some spike ALVR

[09:38] {Threei} I retire, cosmo takes over

[09:38] {cosmo} beach day...

[09:38] {ese} what happened to that stock yesterday that made it loose $12.00

[09:39] {ese} mtxx that is

[09:39] {Threei} we just played it lol

[09:39] {Threei} [09:32] {Threei} Long Setup: MTXX .80 break

[09:39] {magoo} again?? lol

06[09:40] * Threei passes to ese hypodermic needle with dose of mean black coffee

[09:40] {Threei} lol mags

[09:40] {ese} ese starts twitching

[09:41] {Threei} SVNT hard selloff

[09:42] {Threei} Long Setup: SVNT .90 break

[09:42] {Threei} if holding above .80

[09:44] {magoo} vad..u readin RIMM..

[09:44] {Threei} Long Setup: MTXX .40 half lot if stays above .20

[09:44] {dino} rimm to 75 strike area imo

[09:44] {Threei} no mags

[09:44] {_levelseven} 40?

[09:44] {magoo} if mkts bounce im following it

[09:45] {Threei} SVNT invalidated

[09:46] {patience} looking for bounce in POT, it dropped out of bed this morning

[09:46] {Threei} FDIC's Bair: Financial sector has been stabilized 'for now' (related XLF )

[09:46] {dino} pot

[09:46] {nemo} all commodity mineral stocks have been tanking

[09:47] {dino} opps sorry patience

[09:47] {patience} i'm not long in it dino

[09:47] {patience} waiting to pick it up again

[09:47] {patience} will scalp

[09:47] {jfjf64} svnt

[09:47] {dino} watching here too

[09:48] {dino} heck of a gap 107

[09:48] {patience} :)

[09:48] {Threei} SVNT, pullback into .80 worth a try

[09:48] {dino} titn gap fill

[09:51] {ese} drys geting stupid....somebody want people out

[09:51] {Threei} wow

[09:51] {Threei} people want out themselves, lol

[09:52] {ese} support is 6

[09:52] {Threei} ENOC Sees Q3 Rev of at least $83M v $39Me- - headline only (unclear if headline is in error)

[09:52] {Threei} - Reminder: On May 6-- Guides Q2 -$0.15 to -$0.22 v -$0.35e, R $38M-$40M v $37.6Me

[09:52] {Threei} lol.. good thing it didn't guide lower

[09:54] {Threei} no go MTXX

[09:55] {jfjf64} wpi

[09:55] {Threei} PALM fell off a cliff

[09:56] {nemo} RIMM PALM POT FCX...etc

[09:56] {nemo} the indices aren't down that much, so where's the money going?

[09:57] {nemo} ahhhh...defensive health stocks some banks

[09:58] {dino} and w/obama against heathcare stocks, it doesn't make sense

[09:58] {dino} pru 35 strile

[09:58] {dino} strike

[09:59] {nemo} yeah, but he's for stem cell/genetic, and of course the staples like JNJ won't get hurt

[09:59] {Threei} well... he is pro-al energy and they don't really perform

[09:59] {nemo} oil down

[09:59] {Threei} that's normal reaction for them

[09:59] {nemo} look at the heat map on the front of FINVIZ.COM

[09:59] {Threei} meaning, his priorities do not get accounted for by te markety

[10:00] {_levelseven} svnt dip

[10:00] {Threei} 12break SVNT if holding above .90

[10:00] {Threei} (US) API: Have seen US fuel demand in May falll to lowest levesl in 10 years

[10:00] {Threei} there you go

[10:01] {dino} some really brutal selloffs

[10:01] {magoo} in svnt

[10:02] {vinod} GM to all

[10:02] {Threei} vinod :)

[10:04] {ese} to be honest....i haven't understood market behaviour the last few days....seems like huge selling going on but not really.......feels up but not really doing it....hmmmmmmm confused

[10:05] {magoo} ive been congfused for years

[10:05] {Threei} my feeling too ese

[10:05] {Threei} that's why I continue thinking (as much as I do thinking thingy anyway) that this retreat is a trap for shorts

[10:05] {Threei} and ditto mags

[10:05] {ese} makes it tough when you make a trade....something always lurking in the back of your mind

[10:06] {ese} i'm thinking your right there vad

[10:06] {Threei} SVNT, no pressure

[10:07] {Threei} probably out of gas

[10:07] {Threei} I am scratching half

[10:07] {ese} vad that would explain the tanking of drys....because the news has been realitively good

[10:09] {dino} the week before and the week of options expiration typically have 5% down moves

[10:09] {nemo} should we trail stop on svnt?

[10:09] {Threei} nowhere to trail yet

[10:09] {Threei} low of the range is still .90

[10:10] {Threei} it hasn't established any new supports

[10:10] {Threei} I just dumped half breakeven

[10:10] {nemo} just going on you're "out of gas" comment

[10:10] {ese} this is options week isn't dino.....forgot about that

[10:10] {Threei} [10:07] {Threei} I am scratching half

[10:11] {Threei} Long Setup: ALVR .15 break

[10:11] {Threei} if stays above 4.10

[10:11] {Threei} 1:1 SVNT

[10:12] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 10:30amET

[10:12] {Threei} **consensus expectations:

[10:12] {Threei} Crude: -1.8Me

[10:12] {Threei} Gasoline: +750Ke

[10:12] {Threei} Distillate: +1Me

[10:13] {Threei} BBT Redeems TARP (21.68, -0.55, -2.47%)

[10:13] {magoo} out .21 TY vad

[10:13] {magoo} svnt

[10:13] {Threei} out

[10:13] {Threei} .23

[10:14] {magoo} grrrrr lol

[10:14] {Threei} lol

[10:14] {Threei} we both missed that spiked into .30 thoughj

[10:15] {Threei} DSCO Ticks higher on some positive chatter regarding surfaxin (1.17, 0.09, 8.33%)

[10:16] {Threei} Note: DSCO was to meet with the FDA on June 2 to discuss the complete response letter

[10:18] {Threei} US Senate commitee reportedly approves energy legislation to expand drilling in Gulf of Mexico and initiate a new renewable energy mandate (related USO OIH FAN TAN )

[10:19] {dino} wow

[10:19] {nemo} svnt holding support @ 0.8

[10:19] {nemo} .08

[10:20] {dino} evep fast fall

[10:20] {Threei} hmm?

[10:20] {Threei} SVNT? .08?

[10:20] {nemo} sorry alvr

[10:20] {Threei} SVNT becomes a candidate for gravity denial if breaks .50

[10:20] {Threei} risky as hell

[10:21] {nemo} alvr thru support

[10:21] {dino} cern spike

[10:21] {dino} missed esi

[10:21] {magoo} was watching movie Hellboy last nite..luved it

06[10:22] * Threei slaps magoo around a bit with a large copy of Fallen

[10:22] {nemo} never saw it before? I haven't seen the 2n one

[10:22] {Threei} CYBE Halted: News pending (5.25, -0.32, -5.75%)

[10:22] {nemo} Did I ever tell you about the day I almost died?

[10:22] {nemo} quote

[10:25] {Threei} CYBE Chairman Steven K. Case killed

[10:26] {dino} plane crash

[10:26] {jfjf64} ouch

[10:30] {Threei} DOE CRUDE: -3.87M V -1.8ME

[10:30] {Threei} GASOLINE: +3.38M V +750KE; DISTILLATE: +308K V +1ME

[10:31] {Threei} Distillate demand -188K bpd to 3.38M bpd

[10:31] {Threei} - Gasoline demand +213K bpd to 9.35M bpd

[10:34] {Threei} MOS Hearing Potash names defended at Morgan Stanley (timing uncertain) (46.22, -4.99, -9.74%) (related POT AGU CF TNH TRA )

[10:39] {Threei} ALVR formed new setup, .10 break

[10:42] {dino} germany k& s group fertilizer demand weak in europe; realmoney,com

[10:43] {Threei} pesky scalpers can exit here

[10:44] {Threei} daytraders half out

[10:48] {magoo} which am i again?

[10:49] {Threei} you mags are embodiment of identity crisis

[10:49] {Threei} I don't know how dino hasn'tr burned out his retina yet by watching you dancing in tutu the market opening dance daily

[10:53] {dino} i close the door

[10:53] {Threei} ad he doesn't break it down?

[10:54] {dino} don't give him ideas

[10:54] {Threei} oops

[10:56] {magoo} magoo gets up..checks out door construction

[11:02] {Threei} NY Fed: Purchased $7B in $300B outright coupons purchase; Dealers submitted $26.2B for consideration (bid to cover

[11:02] {dino} scanners solid green

[11:03] {Threei} bid to cover 3.74)

[11:13] {wulff} ho hum

[11:15] {Threei} SVNT...

[11:16] {Threei} (IA) Iranian Govt reiterates has no intention to acquire nuclear weaopns, IAEA's El Baradei is 'absolutely wrong' (related USO )

[11:17] {jfjf64} svnt??

[11:19] {Threei} trying to gauge whether I am interested in .50 break

[11:20] {jfjf64} that what fig ty

[11:25] {jfjf64} ill wait for ya assesment

[11:26] {Threei} US President Obama: Planning to take 'decisive' action to fix damage to economy; regulatory reform proposals are to aim for 'careful balance' (related XLF )

[11:28] {jfjf64} fas doesnt lk that

[11:29] {Threei} MS Redeems TARP (27.40, -0.70, -2.49%)

[11:33] {ese} sorry to leave you all ....have to sign out early today....cya tomorow

[11:33] {Threei} take care ese

[11:39] {dino} cya es

[11:50] {Threei} ok

[11:50] {Threei} .50 break long

[11:50] {Threei} risky as hell

[11:50] {nemo} on what

[11:50] {nemo} svnt?

[11:50] {Threei} yes

[11:56] {Threei} half out into this spike

[11:56] {Threei} scalpers take profit

[11:57] {Threei} US Senate Panel has reportedly delayed vote on health care legislation (related PPH BBH )

[11:57] {jfjf64} out in full ty

[11:57] {Threei} :)

[12:02] {Threei} JPM Redeems TARP (32.68, -0.82, -2.45%)

[12:12] {Threei} F CEO: Gaining market share, cites viability of business in customer choice

[12:12] {Threei} - Comments that the company is cautiously optimistic that sales have reached bottom (5.62, -0.05, -0.88%) (related GMGMQ F.IT )

[12:21] {dino} pot: fwiw announced yesterday another reduction of 800,000 tons of patash production in '09

[12:30] {wulff} big c & h on aapl fwiw

[12:33] {jfjf64} svnt monster

[12:33] {Threei} 1/4 more out

[12:33] {Threei} stop to .55

[12:33] {jfjf64} ya still in

[12:35] {jfjf64} vads a monster yeah

[12:35] {Threei} lol

[12:35] {jfjf64} when i grow up wanna be lk ya

[12:37] {Threei} you just need to become lazier

[12:37] {wulff} and drink more

[12:39] {jfjf64} those 2 easy hv to learn to stay in trades longer

[12:43] {magoo} let winners win

[12:49] {Threei} MTXX Reportedly CNBC's Huckman to interview CFO at 2:30ET - blog (6.15, 0.37, 6.40%)

[12:54] {Threei} OK... I am more or less restored after trying wulff's advice

[12:55] {jfjf64} ??

[12:55] {Threei} [12:37] {Threei} you just need to become lazier

[12:55] {Threei} [12:37] {wulff} and drink more

[12:55] {jfjf64} gotcha

[12:57] {jfjf64} any site en of mista obma

[12:58] {Threei} he is on TV

[12:58] {jfjf64} ty

[12:58] {nemo} telling about how the new sheriff is gonna' clean up the Wal street Corral

[12:58] {nemo} Wall

[12:59] {jfjf64} had tv off will leave it off

[12:59] {nemo} I never watch

[13:01] {jfjf64} alvr

[13:01] {Threei} (US) President Obama: Expects transformation of financial regulations on a scale not seen since the Great Depression (related EUR/USD TLT SHY XLF )

[13:02] {jfjf64} was watchin for break ofv .15 missed it

[13:02] {nemo} this should be futaftw

[13:23] {Threei} GS Redeems TARP (141.30, -2.86, -1.98%)

[13:23] {Threei} so, TARP is largely redeemed in a single day it seems, lol

[13:24] {nemo} well, GS got what went to AIG

[13:29] {Threei} (US) Rep Frank (D): Does not expect Congress to pass financial regulatory overhaul before the end of 2009 (related XLF )

[13:30] {Threei} I thought it was very urgent

[13:30] {nemo} when he saw what would happen to his re-election coffers, he changed his mind

[13:30] {nemo} BF's my Congressman :) :( :o!

[13:32] {jfjf64} careful nemo

[13:32] {nemo} what?

[13:32] {vinod} I am going to tell frank, nemo is not talking nice about you?

[13:33] {nemo} what didn't I say that was nice?

[13:33] {nemo} or, uncouth

[13:33] {nemo} lacking in decorum

[13:33] {nemo} what?

[13:34] {nemo} weasels

[13:34] {nemo} mmmhhh...oil is positive

[13:34] {nemo} $ falling?

[13:35] {jfjf64} svnt gettin ready for takeoff

[13:38] {nemo} wonder if the PPT can get the S&P to close over 920 today?

[13:38] {Threei} T. Boone Pickens plans to invest in a new auto company - Auto News

[13:38] {Threei} what new auto company?

[13:38] {Threei} General Mofordysler?

[13:39] {nemo} MoFo for short

[13:39] {Threei} MoFoEr

[13:39] {nemo} yeah, that works too

[13:39] {jfjf64} ya cut off vad

[13:40] {jfjf64} no more drinkin today

[13:40] {Threei} SVNT... believe it or now, last portion is still here

[13:40] {Threei} ok jf... it was time anyway

[13:40] {Threei} so now I am smoking-free, drinking-free...

[13:40] {jfjf64} im liken .75 svnt

06[13:41] * Threei is cheking out his back to make sure there are no wings forming

[13:41] {nemo} I'd be more worried about a tail

[13:42] {Threei} why would I worry about that

[13:42] {Threei} quite useful rudiment

[13:42] {nemo} ahhhh...o.k....don't want to know

[13:43] {Threei} The new auto company is staffed by former Mazda design chief Tom Matano plans to build "environmen... etc

[13:43] {nemo} wow...ppt striking early

[13:45] {Threei} lol

[13:45] {Threei} there is no other way to go up but PPT, right?

[13:48] {magoo} hellboy has a tail

[13:48] {Threei} any wings?

[13:49] {nemo} no

[13:49] {magoo} nope..cut his horns off too

[13:52] {dino} qcom to .15

[13:54] {nemo} best one in a while

[13:56] {dino} mtxx moving

[13:57] {dino} lol nemo, but yeah, true

[13:57] {nemo} almost a $

[13:57] {Threei} not sure why

[13:57] {Threei} interview hasn't started yet

[13:57] {nemo} PPT

[13:57] {Threei} PPT buying MTXX?

[13:58] {dino} it's there

[13:58] {nemo} Paulson's pulling the levers from John Hopkins...sure

[13:58] {Threei} now I've heard everything :)

[13:58] {nemo} Never met a conspiracy theory I didn't like

[13:58] {Threei} true

[13:58] {dino} out qcom +.94

[13:58] {Threei} my favorite is moon flight set in video studio

06[13:58] * magoo slaps dino around a bit with a large trout

06[13:59] * nemo slaps dino around a bit with a large roll of cash

[13:59] {dino} ouch

[13:59] {nemo} if getting whacked with cash hurts...geez

[14:00] {nemo} Personally, I'm a cash masochist

[14:00] {dino} that trout was old

[14:00] {dptl} have a good evening all

[14:01] {dino} cya dp

[14:01] {Threei} US Advisor Larry Summers: Fed did not 'cross the line' in emergency lending; power needs accountability

[14:01] {Threei} take care dp

[14:01] {Threei} INTC Plans to change chip branding, dropping Centrino brand name for PC systems - WSJ (16.21, 0.35, 2.21%)

[14:01] {Threei} who cares?

[14:02] {Threei} MTXX isn't over

[14:02] {Threei} probably aiming for 7

[14:02] {Threei} unless intrerview turns sour

[14:08] {magoo} mkts losing ground

[14:08] {magoo} carefyul

[14:09] {nemo} QCOM got an upgrade from GS today

[14:09] {jfjf64} nice pul bk mtxx any thing vad

[14:10] {nemo} a DT inside the Bollinger Bands, is that a tad negative?

[14:11] {Threei} .60 break worth a try'

[14:11] {jfjf64} stop at

[14:11] {Threei} what do you think?

[14:12] {jfjf64} below .50

[14:12] {Threei} :)

[14:15] {Threei} AXP Pays back TARP funds (24.37, -0.32, -1.30%)

[14:19] {Threei} I intend to sell half above /70

[14:20] {Threei} trying to squeeze more than scalp out of it

[14:20] {nemo} you weren't that top tick?

[14:20] {Threei} maybe too optimistic but what's my risk here

[14:20] {nemo} slippin'

[14:20] {nemo} .10

[14:20] {Threei} COF Redeems TARP (23.13, -0.02, -0.09%)

[14:20] {Threei} I am telling you...

[14:21] {Threei} half out

[14:21] {Threei} offering 1/4 .81

[14:21] {Threei} out 1/4 morw

[14:22] {jfjf64} nice nice

[14:23] {Threei} NTRS Redeems $1.576B in TARP

[14:23] {Threei} - The total purchase price included a final accrued dividend.

[14:23] {Threei} - The repayment is expected to r... (52.34, -0.39, -0.74%) more...

[14:26] {nemo} jazz...sheesh

[14:28] {magoo} rot or rip vad??

[14:29] {Threei} rip

[14:29] {nemo} sure feels that way

[14:29] {magoo} oh oh..first time u committed to rip in awhile

[14:31] {Threei} I just start falling in love with this PPT thingy

[14:31] {Threei} it's so darn convinient

[14:31] {Threei} anything different from what I think - it's PPT

[14:34] {jfjf64} mind me askin what ppt

[14:34] {nemo} Plunge Protection Team

[14:34] {Threei} Post Processing Tractor

[14:34] {jfjf64} where we buy that that on vads site

[14:35] {Threei} Peer Poking Torunament

[14:35] {nemo} WHAT!!

[14:36] {jfjf64} pretty perky t hmmm

[14:36] {Threei} People Peeping Through

[14:37] {jfjf64} like mine the best guys PPT YEAH

[14:37] {nemo} Prurient

[14:37] {nemo} bad interview I guess

[14:37] {Threei} hmmm... Iguess interview did turn sour, lol

[14:38] {jfjf64} yup

[14:38] {jfjf64} or did it

[14:39] {jfjf64} .50 break straight to 7

[14:41] {Threei} MTXX on CNBC

[14:41] {Threei} MTXX CFO: This came as a total surprise, believe the FDA's action is totally unwarrented - CNBC interview (6.48, 0.70, 12.11%)

[14:43] {Threei} - Blames reports of loss of smell on "other factors" than use of Zicam

[14:43] {Threei} I believe that

[14:44] {jfjf64} yikes

[14:44] {Threei} I never used Zicam but lost my feel of smell ever since they started handing out TARP money

[14:48] {dino} not helping the stock

[14:55] {magoo} um boss..we still on for the RIP

[14:55] {Threei} asking me??

[14:55] {Threei} PPT

[14:56] {magoo} piss poor traders?

[14:56] {Threei} good one

[14:56] {jfjf64} ditto lk it mags

[15:00] {jfjf64} this ppt could go for a cold one

[15:04] {Threei} MTXX seems to play out for today

[15:08] {jfjf64} vol died out

[15:11] {Threei} T. Boone Pickens: Oil to average $80-85 over the coming year (related USO )

[15:11] {Threei} {--- crying

[15:11] {magoo} me too

[15:11] {Threei} same guy who said oil will not lose 120, then "oil will never lose 100"

[15:11] {magoo} he was the guy who got rectume-ized

[15:11] {dino} yeah, and he went in heavy

[15:11] {Threei} haven't learned his lesson?

[15:12] {dino} altho, i agree w/the pickes' plan on natural gas

[15:12] {Threei} STT Reportedly redeems $2B in TARP funds - email (45.88, 0.87, 1.93%)

[15:12] {Threei} but of course

[15:12] {magoo} waiting on wells to do same vad

[15:18] {Threei} AMZN Reportedly may be hit with a new sales tax in North Carolina, sends warning letter to local affiliates warning they may be terminated due to taxes - local press

[15:18] {Threei} whoa

[15:31] {Threei} (US) FDIC's Bair: Praises new regulatory proposals from the Obama Administration, cites the administration's "inclusive approach"

[15:31] {Threei} - Market participants must understand that large institutions can and will fail.

[15:31] {Threei} - Effective resolution authority will be uniformly applied to institutions in a consistent manner.

[15:35] {jfjf64} lk vol spike svnt

[15:35] {Threei} can't et a read on it

[15:37] {jfjf64} .62 break for me

[15:41] {magoo} this RIMM dump makes the earnings play even more difficult

[15:41] {dino} pot gap around 91

[15:42] {Threei} White House Economic advisor Summers: can not rule out that some hedge funds will be categorized as "systemic" firms

[15:42] {Threei} {Hedge Funds} oh yeah? dump everything boyz, let's show'em

[15:42] {Threei} (US) Treasury Sec Geithner: There is no plausible alternative to the Fed as overseer of systemic risk

[15:42] {Threei} - Believes Fed's authority was inadequate in some ways, overhaul of financial sector regulations will clarify Fed's authority.

[15:42] {Threei} - Capital requirements is the most important part of the overhaul that does not require legislation.

[15:43] {Threei} they are overselling it

[15:43] {magoo} ok..ty vad, gotta leave early

[15:43] {Threei} 4 or 5 of them are working hard to convince us their plan is great

[15:43] {Threei} take care mags, nice day

[15:43] {Threei} even though disconnected

[15:44] {Threei} but a lot of trades worked nicely

[15:44] {magoo} yup..good day here

[15:44] {Threei} they just feel like separate trees

[15:44] {Threei} no forest

[15:44] {Threei} no single flow to the day

[15:44] {Threei} know what I mean?

[15:45] {Threei} CA) Canadian Fin Min Flaherty: Canadian economy looks quite good

[15:45] {Threei} oh shut up

[15:53] {dino} lol

[15:54] {fernp} good evening all. see you tomorrow

[15:54] {dino} gotta hop, tee time in 35

[15:54] {Threei} take care fern

[15:55] {Threei} okay guys

[15:55] {Threei} thank you all

[15:55] {Threei} have a good eening

[15:55] {Threei} see you tomorrow

[15:55] {jfjf64} good day

[15:58] {nemo} nite

Jun 16 2009

Many setups formed but never triggered; couple that did worked for scalps.And then there was MTXX to make life interesting

Session Time: Tue Jun 16 00:00:00 2009

[08:22] {_levelseven} EMKR perky

[08:25] {Threei} EMCORE Corporation Awarded $5M Solar Panel Manufacturing Contract for NASA''s Global Precipitation Measurement Mission

[08:25] {Threei} - The contract, valued at approximately $5M, will be managed by MEI Technologies, Inc. for the NASA Goddard Space Flight Center (GSFC).

[08:25] {Threei} - The Global Precipitation Measurement (GPM) mission is one of the satellite-based science missions studying global precipitation, including rain, snow, and ice. The launch of the spacecraft is presently scheduled for summer of 2013.

[08:25] {Threei} - The GPM spacecraft solar arrays will be powered by EMCORE''s latest generation, 30% efficiency class ZTJ multi-junction solar cells.

[08:25] {Threei} - Production of the solar cells and panels will take place at EMCORE''s state-of-the-art manufacturing facilities located in Albuquerque, New Mexico.

[08:30] {nemo} what i miss?

[08:36] {vinod} good morning

[08:36] {Threei} nemo, vinod :)

[08:38] {Threei} SQNM trying to build consolidation

[08:38] {Threei} MAY HOUSING STARTS: 532K V 485KE; BUILDING PERMITS: 518K V 508KE

[08:38] {Threei} MAY PRODUCER PRICE INDEX M/M: 0.2% V 0.6%E; PPI EX FOOD&ENERGY: -0.1% V 0.1%E

[08:40] {Threei} SPPI had to go ahead and post news of some dilution

[08:46] {Threei} EMKR pulled back some

[08:54] {_levelseven} 3i, is there a way to keep Mibbit "on top" so it doesnt get replaced every time I click another window?

[08:55] {Threei} yes but it's about keeping browser itself on top

[08:55] {Threei} there is a freeware somewhere that does that

[08:55] {_levelseven} maybe ill switch over to IRC

[08:55] {Threei} I use mirc so don't have it but easy to search

[08:59] {Threei} SQNM daily feels like thing is building up for the murdering shorts

[08:59] {_levelseven} ?

[08:59] {Threei} which part? :)

[09:00] {_levelseven} to kill or for benefit of shorts?

[09:00] {Threei} to kill

[09:00] {Threei} maim

[09:00] {Threei} dstroy

[09:04] {Threei} MS Reportedly expects to repay TARP money this Tuesday

[09:04] {Threei} (RU) Russian Energy Min: no threat to oil output declining

[09:04] {nemo} what does that mean?

[09:05] {Threei} well... make your choice between:

[09:05] {Threei} 1. oil output is safe

[09:05] {Threei} 2. we are not going to threat with decline, we will just diminish it if needed

[09:07] {KSystems} Good morning!

[09:07] {Threei} KS :)

[09:08] {nemo} Gruess Gott

[09:10] {KSystems} Grues Gott?

[09:10] {KSystems} thats the wrong corner

[09:10] {nemo} Ich weiss

[09:10] {nemo} geht doch?

[09:11] {fernp} good morning all

[09:11] {nemo} fern

[09:11] {dino} gm all

[09:11] {KSystems} I'd compare it to yelling "Howdy, Cowboy" to a Canadian

[09:11] {Threei} fern, dino :)

[09:12] {_levelseven} that $5 sqnm seller persistent

[09:13] {fernp} l7 you can download keepontop utility from here http://www.delayedreaction.com/freestuff/keepontop.zip

[09:13] {dino} fem?

[09:13] {fernp} allows you to keep MBBIT window on top of all the rest

[09:13] {_levelseven} hey, thanks alot fernp

[09:14] {KSystems} any1 out there who's using mibbit and would like to switch to mirc?

[09:14] {_levelseven} now i can keep pretending i know how to speak many foreign languages

[09:14] {fernp} :)

[09:14] {dino} genz blood

[09:16] {ese} morning

[09:18] {jfjf64} mornin all

[09:19] {ese} jf

[09:19] {jfjf64} ese

[09:19] {Threei} ese, jf :)

[09:20] {ese} GENZ dino.....first thing tha pops up for me this morning -4.57

[09:20] {ese} hey vad

[09:21] {nemo} WASHINGTON (AP) -- Industrial production tumbled more than expected last month as the recession crimped demand for a wide range of manufactured goods including cars, machinery and household appliances.

[09:21] {nemo} The Federal Reserve's report shows production at the nation's factories, mines and utilities fell 1.1 percent in May and has declined for seven straight months. Output also turned out to be a bit weaker -- a 0.7 percent decline-- in April than the Fed initially reported.

[09:21] {nemo} The 1.1 percent drop in May was the deepest since a 1.8 percent plunge in March.

[09:21] {nemo} story came across @ 9:17

[09:23] {dino} es re:genz, on it

[09:28] {Threei} watching EMKR for possible pop after open

[09:30] {Threei} .55 break

[09:30] {Threei} long for scalp

[09:30] {Threei} stop under .50

[09:31] {Threei} invalidated

[09:31] {ese} L sm genaz.00

[09:32] {ese} out genz.22

[09:32] {magoo} morn

[09:32] {Threei} magoo :)

[09:32] {ese} whoa

[09:32] {ese} +.22

[09:33] {ese} 1'2 lot

[09:33] {Threei} Long Setup: SQNM .90 break if styas above .85

[09:33] {Threei} oops... broke while I typed

[09:33] {ese} basically 2 clicks of the mouse within seconds

[09:35] {nemo} emkr building support

[09:35] {ese} higher lows dino.....gonna try .00 again

[09:36] {Threei} Goldman Sachs Cheif Economist: There are clearly "green shoots" in many countries, but still sees potential for market correction over next several weeks

[09:36] {Threei} can they stop using this term?

[09:37] {nemo} I was just going to say that

[09:37] {Threei} JAZZ sharp selling

[09:37] {Threei} no news that I see

[09:37] {_levelseven} emkr, make up ur mind

[09:37] {ese} l genaz .90

[09:37] {ese} genz

[09:38] {ese} agressive entry

[09:38] {ese} 1/2 lot

[09:38] {Threei} RMBS

[09:39] {Threei} SQNM is back in trigger

[09:39] {Threei} .92 worth a try

[09:39] {Threei} same condition

[09:40] {dino} pnra sm l .75

[09:41] {ese} out genz out genz.15

[09:42] {ese} +.25

[09:42] {ese} kinda like dive dive dive!!!

[09:43] {Threei} American Bankers Assoc (ABA): unemployment in US to peak at 10% and will stay above 9.5% throughout 2010; expect recession to end in Q3 2009; see US GDP over 3% by 2H 2010

[09:43] {dino} gj es

[09:44] {Threei} invalidated SQNM

[09:44] {ese} tks......if i had your nerve i'd still be in there

[09:45] {Threei} Long Setup: RMBS .30 break

[09:45] {Threei} stop under .20 or .15, both are valid

[09:45] {dino} stec

[09:46] {Threei} IMMU Reports New Antibody for Pretargeted Imaging and Therapy of Colorectal Cancer (2.55, 0.15, 6.25%)

[09:46] {Threei} RMBS invalidated

[09:46] {Threei} what the deuce

[09:46] {nemo} qs and spy climbing too

[09:46] {Threei} no trade will set up

[09:47] {vinod} movement are weird

[09:48] {ese} l genz .51

[09:48] {ese} 1/2

[09:49] {ese} out .74

[09:49] {nemo} go home ese

[09:49] {ese} +.23

[09:49] {fernp} gj ese

[09:50] {Threei} STEC lost its mind

[09:50] {_levelseven} emkr back

[09:50] {ese} tks......

[09:51] {ese} to tired to do anything yesterday.....feel fine today

[09:51] {_levelseven} emkr hod

[09:51] {jfjf64} gj ese

[09:53] {ese} tks

[09:54] {dino} pnra stopped -.27

[09:55] {nemo} genz pulling back ese

[09:55] {ese} will take a look

[09:56] {ese} am following drys

[09:56] {Threei} I don't even know what to follow

[09:56] {Threei} everything seems to be totally random and disconnected

[09:56] {ese} it does seem very ramdon this morning vad

[09:57] {Threei} hey, I;'ve got an idea

[09:57] {nemo} options expiration week?

[09:57] {Threei} I'll follow you ese

[09:57] {nemo} play a flute ese?

[09:57] {ese} nope!

[09:57] {ese} in music school

[09:57] {nemo} Pied Piper

[09:58] {dino} apkt

[09:58] {ese} woodwind techniques........prof told me he was gonna pass me just so that he'd never have to see me in his class ever again

[09:59] {ese} i took that as a sign for playing a woodwind instrument

[09:59] {Threei} STEC, this is a joke or what, lol

[09:59] {_levelseven} emkr barely made nhod

[09:59] {Threei} stock was under 5 earlier this year

[09:59] {jfjf64} lzb s trigger .19

[10:00] {dino} raised guidance by 40%

[10:00] {Threei} not enough enthsiasm for me, l7

[10:00] {ese} stec dino?

[10:00] {jfjf64} invalid

[10:00] {dino} yes 20 to 32 cents, revs. raised from 70m to 82 m

[10:01] {ese} anybody in stec

[10:01] {_levelseven} emkr getting enthusiastic

[10:01] {ese} nice 4 bill move there

[10:01] {dino} no

[10:03] {Threei} yeah

[10:03] {Threei} well, I misdjudge tem today

[10:03] {magoo} RMBS bounce time imo

[10:04] {ese} rats.....took a look at stec and missed pullback in drys

[10:04] {magoo} u reading RIMM boss?

[10:05] {ese} weird feeling day

[10:05] {Threei} not sure mags

[10:05] {jfjf64} tsl wow

[10:07] {Threei} Long Setup: RMBS .85 break

[10:07] {Threei} stop under .80 or .75

[10:14] {Threei} Analysts at Morgan Stanley comment on current equity run

[10:14] {Threei} - State markets need a 'v' shaped recovery to sustain any further equity rise

[10:14] {Threei} - Analysts do not see 'v' shaped recovery, next equity move likely to be more down than up

[10:14] {Threei} - Equity rally does not represent true beginning of new bull market

[10:14] {Threei} that's 4th setup invalidated

[10:15] {jfjf64} got stopped

[10:15] {magoo} to bad we didnt short it a point ago lol

[10:16] {nemo} snda up big

[10:17] {nemo} genz ese

[10:18] {Threei} PALM

[10:19] {ese} hey nemo......

[10:19] {nemo} you

[10:19] {nemo} yo

[10:19] {ese} sorry wasn't wathing it

[10:19] {nemo} np

[10:20] {ese} who knows though with the way the market is yo yoing around

[10:21] {ese} i think i'm barking up the wrong tree with drys.....doesn't want to do anything

[10:22] {_levelseven} stocks trading like its lunch time

[10:23] {ese} i like the levels that fitb is heading for.......

[10:23] {magoo} hows volume?

[10:23] {Threei} pitiful

[10:23] {vinod} market need help for direction

[10:24] {magoo} we close up or down yesterday?

[10:24] {ese} up

[10:24] {ese} no dn

[10:24] {dino} shld sm l .00

[10:24] {Threei} Long Setup: SAY .05 break if stays above 4

[10:25] {magoo} SAY it aint so.....

[10:26] {Threei} 1:1 for scalpers

[10:27] {Threei} frikin PALM

[10:27] {Threei} started typing alert .90 break when it pulled back,

[10:27] {Threei} it jumped to .97 in a blink

[10:27] {Threei} so I dropped it

[10:33] {Threei} EMKR gaining speed

[10:33] {_levelseven} emkr

[10:33] {_levelseven} too bad not getting much in pb's

[10:36] {_levelseven} palm have anopther bounce?

[10:37] {Threei} if market reverses up

[10:37] {Threei} it's not following market exactly, but does need directional support at the given moment

[10:40] {Threei} (FR) French Pres Sarkozy; There was fraud in Iranian election (related USO )

[10:41] {dino} shocking

[10:41] {Threei} BRIC countries: agree that world needs a more diversified financial system

[10:41] {_levelseven} emkr tiny ps'b, staying near hod = frustrating

[10:42] {dino} titn l .20

[10:44] {_levelseven} in emkr 64

[10:44] {Threei} here is better EMKR pullback

[10:45] {magoo} RMBS heads to break 19

[10:45] {magoo} pos tho

[10:45] {_levelseven} i hated trading rmbs years ago..wont touch it

[10:47] {ese} know what you mean.......mags has been trying to coach me through rmbs and aapl but both of them beat the crap out of me

[10:47] {magoo} HUH?? i NEVER TRADE RMBS

[10:47] {ese} and rimm as well

[10:47] {dino} same here

[10:47] {magoo} its vads

[10:48] {ese} rimm and aapl then mags

[10:48] {magoo} rimm..aapl yes

[10:48] {magoo} u making up stories lol

[10:48] {ese} ya can lump rmbs in with that lot as far as i'm concerned

[10:49] {Threei} Long Setup: MGM .90 break if stays above .85

[10:49] {magoo} in

[10:53] {Threei} US Economist Roubini forecasting an end to US recession in late 2009, with subsequent anemic growth

[10:53] {Threei} - Sees risks of a 'double dip' recession in 2010; deflationary pressures for next two year

[10:55] {Threei} lol ALXA

[10:55] {Threei} what woodwork do these things come from

[11:00] {Threei} can trail MGM to .87 if feel very stingy

[11:01] {ese} boy.....these goof balls do tend to come out of the woodwork don't they

[11:01] {dino} sm l ctrp .65

[11:01] {ese} jf....you heading to blackpage to catch any of the practise rounds?

[11:02] {Threei} UPS CEO: There can be no economic recovery without global trade

[11:02] {dino} hwkn

[11:02] {dino} thin

[11:02] {Threei} what's his point?

[11:02] {dino} algt blood

[11:02] {magoo} cramer says rimm reports tonite, yahoo had it as thurs..anyone know?

[11:03] {Threei} MGM next spike is coming

[11:03] {Threei} 1:1

[11:03] {ese} you going after that one dion

[11:03] {Threei} half out or scalp, your choice

[11:03] {dino} rimm wed.

[11:03] {ese} dino....dion hmmmmmmm i like it

[11:05] {dino} not yet e(ra)ser

[11:05] {Threei} NY Fed: Purchased $3.65B in $300B outright coupons purchase; Dealers submitted $31.3B for consideration (bid to cover )

[11:05] {Threei} - Heaviest purchase was $ for the maturity

[11:05] {Threei} - Note: avg bid to cover for prior four auctions is 3.26

[11:05] {dino} 35 strike area

[11:06] {Threei} Heaviest purchase was $5.95B for the 06/15/12 maturity

[11:07] {nemo} RIMM reports Thursday after market close

[11:09] {Threei} stop to .89

[11:11] {Threei} ESLR awake

[11:12] {Threei} MTXX Reportedly gets FDA warning letter related to Zicam cold medicine - unconfirmed report

[11:12] {Threei} - FDA nots that Zicam may cause users to loose their sense of smell. (18.71, -0.53, -2.75%)

[11:13] {Threei} depending on location, could be a good thing

[11:14] {dino} mtxx

[11:15] {magoo} news vad MTXX

[11:15] {Threei} ??

[11:15] {magoo} crashing

[11:15] {Threei} lift your eyes 2 lines

[11:16] {magoo} OOPS he he SORRY

[11:16] {_levelseven} blood bath

[11:16] {Threei} down 2 bucks since my post

[11:16] {Threei} I mean 3

[11:16] {_levelseven} anyone try a short?

[11:16] {Threei} I mean 4

[11:16] {dino} bottom?

[11:17] {nemo} just wear a parachute in case

[11:18] {dino} clmt drop

[11:18] {dino} thin

[11:19] {_levelseven} ouch

[11:20] {_levelseven} hello disaster

[11:20] {Threei} you know Imeant 5, right?

[11:21] {magoo} make a call lol

[11:21] {KSystems} in

[11:21] {dino} 12.50 52 week low

[11:22] {_levelseven} MTXX drug would be effective if you frequented the places 3i does

[11:22] {magoo} holy crap there

[11:22] {dino} in v sm 12.50

[11:22] {magoo} DO NOT make a call lol

[11:22] {nemo} you meant 7 right?

[11:22] {magoo} ill take it and get recto-mized

[11:22] {nemo} 60 grit no vaseline

[11:23] {magoo} blood as lube

[11:23] {nemo} That's an nc-17 rated stock

[11:24] {_levelseven} if this was eod, what a fun trader MTXX would be after hours

[11:24] {Threei} I lost count... was it 8?

[11:24] {_levelseven} its going to .01

[11:24] {magoo} i wish vad after news post called it short smsall

[11:24] {magoo} small

[11:25] {magoo} make your day on 100 shares

[11:25] {_levelseven} big bounce

[11:25] {magoo} i missed his news

[11:25] {nemo} It's like watching a bad accient, better look at other stocks

[11:25] {nemo} accident

[11:26] {ese} signing off for an hour and a bit ......gota teach a class....

[11:28] {fernp} bye es

[11:29] {_levelseven} new lo geez

[11:30] {Threei} Tuesday, June 16, 2009 11:25:55 AM

[11:30] {Threei} Matrixx Initiatives Inc. Follow up: FDA says new warning only applies to Zicam nasal products

[11:30] {Threei} - the company's "flagship product" is its Zicam Nasal gel

[11:30] {_levelseven} in 9

[11:31] {_levelseven} out 9.30

[11:31] {nemo} nice

[11:32] {dino} gj

[11:32] {nemo} an ese scalp

[11:33] {magoo} jesus...and u guys think RIMM is bad? lol

[11:33] {magoo} looks like turtle to this

[11:34] {dino} halt

[11:34] {Threei} smelt like that

[11:35] {_levelseven} halted?

[11:35] {Threei} yup

[11:35] {_levelseven} why dont they halt b4 the news??

[11:35] {_levelseven} theifs

[11:37] {Alert} 06/16/2009 11:34:24 MTXX Matrixx Initiatives Inc N T1 Trading is halted pending the release of material news.

06[11:37] * Threei slaps Alert around a bit with a large trout

06[11:38] * Alert slaps Threei around a bit with a large salmon

[11:38] {Threei} siogh... phantoms are too real

06[11:39] * nemo slaps Threei around a bit with a large sturgeon

[11:39] {Threei} oh it's Tuesday

[11:39] {nemo} hey, look what I found:

06[11:39] * nemo slaps Threei around a bit with a large coelecanth

06[11:39] * magoo slaps Threei around a bit with a large trout

06[11:39] * magoo slaps Threei around a bit with a large trout

[11:40] {nemo} fish guts everywhere

[11:40] {Threei} and then I wonder why I get e-mails from fishermen asking what products our site has to offer

[11:40] {Threei} Prez on TV

[11:40] {Threei} which reminds me

[11:40] {nemo} guy's a regular shrinking violet

[11:40] {Threei} http://www.youtube.com/watch?v=ewmruk69SIo

[11:41] {nemo} very funny

[11:41] {KSystems} i wonder what would happen if he went to complain about losing his sense of smell in the middle of his speech

[11:41] {jfjf64} palm .25 break

[11:45] {magoo} u tube too funny vad

[11:45] {Threei} and isn't it true

[11:46] {magoo} yea, first time i ever agreed with bill

[11:47] {Threei} he is smart and funny... just too left

[11:47] {magoo} his burger bush FUNNY

[11:47] {Threei} which makes this tape even more rem arkable

[11:47] {Threei} yeah, lol

[11:48] {Threei} this is NORAD, don't order burgers in the RED phone

[11:48] {magoo} yea..no one goes after lord obama..the next saint

[11:48] {magoo} i'm the president..bRING ME A BURGER lol

[11:50] {Threei} vigorous pursuit of demilitarization

[11:50] {Threei} uh oh

[11:52] {wulff} ditto maggo about Bill

[11:52] {wulff} first time

[11:54] {magoo} sometimes i cant even watch him

[11:54] {magoo} try and turn off

[11:56] {_levelseven} forgot to post earlier..short MTXX large 19.22

[11:56] {nemo} hahahaha

[11:57] {magoo} seriously?

[11:57] {_levelseven} 3i, where should my stop be?

[11:57] {nemo} mags 19.22 was hod

[11:57] {Threei} 19.23 l7

[11:57] {_levelseven} thx

[11:57] {nemo} more taurine excrement than a barnyard

[11:57] {nemo} mags, this is the guy that speaks all those languages

[12:05] {Threei} Reportedly US Treasury will not proposes new insurance industry oversight, may propose an "information agency" - unconfirmed report (related XLF )

[12:05] {Threei} strange

[12:05] {Threei} something won't get oversight? no tsar?

[12:06] {patience} probably an agency set up to employ ex-bankers vad

[12:23] {nemo} spy and qs double bottoming?

[12:23] {Threei} no indication wither way yet

[12:24] {nemo} just bringing it up incase somebody just woke up like I did

[12:30] {Threei} (US) House Majority Leader Hoyer (D): Expects the House to examine financial regulatory overhaul legislation in late July or early fall (related XLF )

[12:40] {Threei} PPHM Presents Phase I data showing Cotara delivers more radiation to brain tumors than to other normal organs

[12:40] {Threei} - Peregrine Pharma researchers will present data at the SNM 2009 Annual Meeting showing that its bra... (0.96, 0.06, 6.67%) more...

[12:50] {magoo} RIMM interestuing vad

[12:51] {Threei} feel slike catching falling knives mags

[12:51] {Threei} and we already had falling piano today

[12:53] {magoo} wee did?

[12:53] {Threei} MTXX?

[12:54] {magoo} oh..forgot

06[12:56] * magoo slaps laserdave around a bit with a large trout

06[12:56] * magoo slaps laserdave around a bit with a large trout

06[12:56] * magoo slaps laserdave around a bit with a large trout

[12:57] {dino} -4% dji, ndx, s/p since thursday

[13:05] {laserdave} thanks goober

[13:05] {magoo} anytime:)

[13:06] {ese} back

[13:06] {ese} man......what have you people done to the market since i left......

06[13:08] * KSystems slapped market around a bit with a few large drumsticks

[13:08] {ese} was going up but noooooooo.....thats not good enough for ya ehhhhhhh

[13:10] {ese} What happened...did Bernackers open his big mouth again?

[13:12] {Threei} no

[13:12] {Threei} US Auto Task Force: Noplans to provide auto suppliers wiht new aid - unconfirmed report

[13:12] {Threei} Reminder: Fed Governor Kevin Warsh scheduled to speak on economic policy at 1:15pmET

[13:12] {Threei} - an advanced text and audience Q&A are expected

[13:15] {Threei} Fed's Warsh: Unemployment will remain higher than previous economic downturns; must not pursue legislation that goes too far

[13:20] {Threei} Morgan Stanley Exec Roach: We have not entered a major crisis for the USD, financial markets are 'giddy' - CNBC (related EUR/USD XLF )

[13:20] {Threei} giddy?

[13:22] {Threei} SBUX WSJ: Planning to revamp brewing procedures as part of restructuring (13.93, -0.19, -1.35%)

[13:22] {Threei} huh?

[13:23] {nemo} gonna' reuse the coffee grounds

[13:23] {Threei} rofl

[13:23] {ese} good one nemo....too funny that crack

[13:24] {nemo} broken clock...

[13:24] {jfjf64} what goin on today

[13:24] {Threei} I hate their coffee as it is

[13:24] {nemo} me too

[13:24] {jfjf64} gonna hv to get day job

[13:24] {Threei} strange day jf - 6 calls,

[13:25] {ese} i like it........especially with a hypodermic needle

[13:25] {Threei} 4(!) invalidfated before triggering,

[13:25] {Threei} 2 triggered and worked for scalps

[13:26] {jfjf64} de s .48 trigger

[13:29] {jfjf64} invalid

[13:29] {Threei} lol

[13:29] {Threei} welcome to my world today - The World of Invalidation

[13:29] {Threei} or Invalid World

[13:29] {jfjf64} yup better then stops

[13:29] {Threei} sure

[13:30] {Threei} invalidation = no harm done

[13:30] {Threei} I just want mire of them triggering and working

[13:30] {Threei} but will take whatever market throws my way

[13:30] {Threei} MTXX still hatled

[13:30] {vinod} good afternoon

[13:31] {Threei} vinod :)

[13:31] {Threei} wow SQNM

[13:31] {Threei} quite a slidfe

[13:31] {nemo} look at the jbe on sds

[13:32] {vinod} nemo-did you brought the market down?

[13:33] {jfjf64} with market help de l .71

[13:37] {Threei} vinod... nemo won't confess but I confirm - it's his fault

[13:37] {nemo} fyvm

[13:45] {Threei} I know what I am going to write in blue blurb today

[13:45] {Threei} :look at 13:37 line to see how rude nemo is"

[13:47] {patience} i need a translation vad....is it something about my mother?

[13:47] {nemo} I don't know your mother

[13:47] {patience} you're kidding

[13:47] {Threei} I am sorry parience... I am too gentle and polite and soft and vulnerable to transalte that

[13:47] {nemo} oh jeez

[13:48] {patience} oh

[13:50] {KSystems} they have a work-safe translation http://acronyms.thefreedictionary.com/FYVM

[13:50] {KSystems} LOL

[13:53] {patience} ty ks.....i know a shorter way to say this :)

[13:53] {Threei} BNP Chief Economist Fabbri: Oil prices should be around $45-50/bbl, believes there is a commodities bubble, relative to global demand (related USO )

[13:56] {vinod} we might be able to get 10Cent out of TYP

[13:59] {Threei} UPDATE: White House proposes financial consumer protection agency to examine firms, levy fines - WSJ (related XLF )

[14:02] {Threei} no time for MTXX opening yet

[14:07] {jfjf64} s de .48

[14:07] {jfjf64} s de .48

[14:14] {nemo} so much for the bear trap...so far

[14:17] {nemo} whoa! http://drudgereport.com/flashaot.htm

[14:24] {ese} gotta go and give an exam all....see ya tomorow

[14:24] {magoo} bye ese

[14:24] {ese} cya mags

[14:26] {dino} cya es

[14:28] {Threei} DE works

[14:29] {jfjf64} yes slow death

[14:30] {jfjf64} 1/1

[14:30] {dino} gaps dji 8500, ndx 1435

[14:31] {dino} s/p filled yesterday at 919; next 855

[14:31] {jfjf64} 1/4 more .28

[14:34] {jfjf64} fightin

[14:34] {Threei} MTXX Confirms FDA warning letter (8.50, -10.74, -55.82%)

[14:34] {Threei} lol

[14:35] {Threei} FDA has asserted that the Company is in violation of its regulations by failing to file a new drug application for its Zicam Cold Remedy Nasal Gel and Zicam Cold Remedy Gel Swabs and that those products are misbranded under their regulations for failing to adequately warn of risks. The FDA referred to numerous complaints it has received of anosmia associated with the use of these products.

[14:35] {Threei} - Company believes these products are safe and do not cause anosmia. The Company''s position is supported by the cumulative science and has been confirmed by a multi-disciplinary panel of scientists.

[14:37] {_levelseven} sounds more like a labeling issue

[14:37] {Threei} well... either there is this l,oss of smell or not...

[14:38] {nemo} maybe you can help them translate it into different languages L7

[14:38] {Threei} ifd not that then yes, would be purely labeling

[14:39] {Threei} time for MTXX appeared

[14:39] {Threei} 14:50:00 14:55:00

[14:39] {Threei} will inject excitement

[14:40] {Threei} in our dull lives

[14:40] {patience} you need teenagers in your house again vad...i'm shipping mine to you

[14:40] {jfjf64} oh great

06[14:40] * Threei slaps nemo around a bit with a large dose of ginseng

[14:41] {Threei} thanks patience

[14:41] {nemo} actually, I used to take it daily

[14:41] {jfjf64} and

[14:41] {nemo} I'd buy it by the pound, put it in a glass jar and fill it with vodka

[14:42] {nemo} let it soak at least a month

[14:42] {nemo} then do a shot or two a day

[14:42] {jfjf64} nice

[14:42] {nemo} Ruined the taste of the vodka though, so I gave it up

[14:42] {nemo} went back to straight vodka

[14:42] {Threei} I don't know why wait a month

[14:42] {Threei} just drink vodka and chew ginseng

[14:43] {nemo} Have to...these are the roots

[14:43] {nemo} chewing it and ingesting it produce two different effects

[14:43] {Threei} bette yet... one root will sustain you a month at least

[14:43] {nemo} depends on the root

[14:43] {nemo} There are cheap roots for how I used them (about $60/lb)

[14:44] {nemo} and there are extremely expensive roots (very old) for acute applications

[14:44] {nemo} they can cost thousands

[14:44] {nemo} Then there's the type of ginseng depending on your constitution

[14:45] {nemo} Do you take "warm" ginseng, or "cool" ginseng

[14:46] {wulff} lvs l .32

[14:47] {Threei} wulff, if it's working, consider sister play, MGM .56 long

[14:47] {Threei} with stop under .50

[14:47] {wulff} ko

[14:47] {Threei} LVS will serve as a leader to this one it seems

[14:48] {wulff} big offer at .31

[14:50] {Threei} SVNT FDA panel reportedly recommends gout drug Krystexxa for approval; Vote 14-1 (9.26, -0.01, -0.11%)

[14:50] {_levelseven} MTXX gonna trade?

[14:51] {Threei} [14:39] {Threei} time for MTXX appeared

[14:51] {Threei} [14:39] {Threei} 14:50:00 14:55:00

[14:51] {_levelseven} this is gonna be fun to watch

[14:51] {Threei} SVNT too

[14:54] {Threei} no time for SVNT yet

[14:54] {Threei} here goes MTXX

[14:55] {Threei} yikes

[14:55] {KSystems} omg

[14:55] {nemo} what, it's only a 21 cent spread

[14:55] {nemo} 13

[14:55] {nemo} 23

[14:55] {nemo} oy

[14:56] {KSystems} 'ally?

[14:56] {nemo} for what entity?

[14:58] {_levelseven} looks like a buy

[14:58] {vinod} MTXX very wild

[14:59] {_levelseven} gotta let all the amateurs panic out

[15:00] {vinod} you mean all fund managers?

[15:00] {_levelseven} some have to

[15:00] {KSystems} i got some at 5.98

[15:00] {nemo} they don't have to get out ntil it's under $5

[15:00] {_levelseven} blink

[15:02] {_levelseven} not going up fast enuf

[15:02] {_levelseven} ugly

[15:03] {KSystems} jeez :)

[15:03] {vinod} I put order to buy 200 at 5.25

[15:04] {wulff} ese 's would be 20,000

[15:05] {Threei} why 5.25?

[15:06] {_levelseven} needs more violence

[15:06] {vinod} 10% lower than day's low

[15:08] {Threei} hmm

[15:08] {Threei} interesting indicator :)

[15:08] {vinod} my way--some time it works and sometime it doesn't

[15:09] {Threei} when it was at 15, it would lead you to idea to buy at 13.50, right?

[15:09] {Threei} see my point? :)

[15:09] {wulff} that would be a "not work"

[15:09] {nemo} "no worky"

[15:09] {vinod} it is only in this type of situation

[15:11] {vinod} I am worse than amateurs

[15:13] {KSystems} maybe its good for an overnight ;-)

[15:14] {_levelseven} was hoping for more wild swings from this

[15:15] {KSystems} yup

[15:15] {KSystems} could provide quite a gap though

[15:15] {Threei} sure... which way though?

[15:15] {_levelseven} in either direction

[15:15] {_levelseven} time to buy straddles

[15:16] {wulff} no shorts here waiting to cover

[15:16] {KSystems} its better than roulette, still

[15:16] {KSystems} no Zro

[15:17] {magoo} VADDDDDDDDDDDDDDDD

[15:17] {magoo} rot or rip?

[15:17] {_levelseven} nothin feels better than grabbin a fallin sword and watchin it spike up a buck

[15:17] {Threei} rip but without much enthusiasm

[15:17] {magoo} rit?

[15:17] {nemo} shorts are going to cover for the afternoon

[15:17] {wulff} I mean in MTXX

[15:17] {Threei} MGM and LVS slowly work

[15:18] {jfjf64} fas movin

[15:18] {_levelseven} dip under 6...ill try to scalp

[15:19] {wulff} hard 1:1

[15:20] {_levelseven} i wouldnt want to take this home short

[15:20] {_levelseven} could get pop

[15:21] {_levelseven} in 5.90 sm

[15:21] {_levelseven} oops

[15:21] {nemo} looks like you sat on the sword

[15:21] {nemo} give it a minute

[15:21] {_levelseven} i think it comes

[15:22] {_levelseven} out

[15:23] {_levelseven} -.05

[15:23] {_levelseven} too dangerous

[15:23] {wulff} now its too dangerous?

[15:23] {nemo} rofl

[15:23] {_levelseven} always dangerous

[15:24] {_levelseven} i wanted quick pop, didnt come so out

[15:24] {wulff} I could use a pop too

[15:26] {_levelseven} 10 mil shares is alot considering every print looks like 100

[15:27] {Threei} now comes the pop

[15:28] {_levelseven} the bounces too small

[15:28] {_levelseven} down like 70%, expect some wilder swings

[15:30] {wulff} almost LVS shakeout

[15:30] {wulff} one more bounce please

[15:31] {wulff} TY

[15:35] {Threei} PARD?

[15:35] {Threei} no news here

[15:39] {Threei} US) Senator Reed (D): Introduces bill to regulate hedge funds, legislation would require hedge fund advisors, private equity funds and venture capital funds to register with SEC

[15:39] {Threei} - Note that on 6/11 White House Advisor Volcker said there is no need to supervise hedge & private equity funds as closely as banks. Very big funds might need capital and leverage requirements.

[15:39] {nemo} the SEC does such a wonderful job now

[15:40] {_levelseven} now that nobody is making any money

[15:43] {KSystems} more news MTXX?

[15:43] {Threei} no

[15:48] {Threei} yikes

[15:48] {Threei} MTXX Formally suspends shipments of 3 of19 Zicam products; will issue some refunds to customers

[15:48] {Threei} - FDA earlier noted that issues it observed were for Zicam nasal product (6.01, -13.23, -68.76%)

[15:48] {_levelseven} someone just got the MTXX news lol

[15:50] {KSystems} BAA halted as well

[15:50] {KSystems} never heard about that company

[15:52] {wulff} they make sheep

[15:52] {Threei} lol

[15:53] {KSystems} lol

[15:56] {Threei} look at this dump

[15:56] {vinod} i cancel my order for MTXX

[15:56] {KSystems} I'm gonna take my portion home tonight

[15:56] {vinod} was afraid i might get it

[15:57] {KSystems} harr

[15:57] {KSystems} still looks pretty weak

[15:57] {KSystems} what would you expect anyway

[15:58] {vinod} I have no clue--boss may have answer

06[15:58] * KSystems slaps boss around a bit with a large sheep

[15:58] {_levelseven} "hi honey, hard day at work?/ Your broker called, said its urgent, something about MTXX"

[15:59] {KSystems} LOL

[15:59] {Threei} ouch

[15:59] {Threei} lol

[15:59] {Threei} okay guys

[15:59] {Threei} thank you all

[15:59] {Threei} have a good evening

[15:59] {Threei} see you tomorrow

[15:59] {vinod} thanks and have a nice evening

[15:59] {jfjf64} gn all

[16:00] {fernp} good evening all

[16:00] {KSystems} good night everyone

[16:01] {dino} dji gap filled 8500

[16:01] {dino} ndx remains 1435

[16:02] {KSystems} savient is releasing their news

[16:03] {Threei} I see the same

[16:03] {Threei} FDA recommends approavl

[16:03] {KSystems} done...resuming 4:20

[16:03] {Threei} time of trading appeared

[16:03] {Threei} yup

[16:04] {KSystems} good news?

[16:05] {Threei} [16:03] {Threei} FDA recommends approavl

[16:05] {_levelseven} they should do away with halts

[16:05] {KSystems} oh sry

[16:07] {KSystems} do the companies request the halts? or do the exchanges?

[16:07] {Threei} depends

[16:08] {Threei} company can request it

[16:08] {Threei} exchange can demand it

[16:08] {KSystems} ic

[16:08] {_levelseven} just let the news come out, if ur on the golf course, tough luck

[16:09] {nemo} \

[16:24] {Threei} STSI killed

Mon Jun 15 2009

Quiet low volume summer Monday, with a few nice plays though. Small biotechs continue showing stunning rallies here and there.

Session Time: Mon Jun 15 00:00:00 2009

[08:32] {jfjf64} mornin all

[08:33] {jfjf64} early bird gets the worm!!!!!!

[08:34] {Threei} nah... second bird gets the worm, first one gets eaten by the early cat

[08:35] {jfjf64} funny

[08:40] {Threei} IMMU Reports Updated Phase II Results With Radiolabeled Epratuzumab in Non-Hodgkin''s Lymphoma

[08:40] {Threei} Announced that epratuzumab labeled with the potent radioisotope, yttrium-90 (Y-90), when given in small fractionated doses to patients with non-Hodgkin''s lymphoma (NHL), achieved high rates of durable responses at total Y-90 doses exceeding the 32-mCi limit approved for a single dose of ibritumomab tiuxetan.

[08:48] {Threei} Reminder: US govt speakers scheduled for this morning

[08:48] {Threei} - Treasury Secretary Geithner is scheduled to participate in an event discussing the economy at 9amET.

[08:48] {Threei} - at 9:30amET, Chicago Fed President Evans will speak on the financial crisis at a breakfast meeting.

[08:56] {ese} morning vad

[08:56] {ese} opps...morning jf missed ya there

[08:58] {Threei} ese :)

[08:59] {ese} pretty nice weekend in paradise vad

[09:00] {KSystems} morning :)

[09:00] {Threei} IMF: Financial conditions have improved

[09:00] {Threei} totally

[09:00] {Threei} KS :)

[09:01] {ese} ksys

[09:01] {Threei} IMF raises 2009 US economic forecast to -2.5% (from -2.8% prior)

[09:06] {cosmo} bdsi

[09:07] {dptl} good morning all

[09:07] {vinod} good morning

[09:07] {Threei} BIODELIVERY SCI INTL Provides NDA update for ONSOLIS: FDA sees no need for review extension letter; should be within a few weeks of NDA approval

[09:07] {Threei} - Announced that the co has reached agreement with the U.S. FDA Division of Anesthesia, Analgesia and Rheumatology Products and a multidisciplinary review team on all aspects of the companys New Drug Application (NDA) for ONSOLIS (fentanyl buccal soluble film), including the Risk Evaluation and Mitigation Strategy (REMS). Although the FDA did not meet its action date of last Friday for this NDA, the Division has informed the company that FDA will not be issuing a review extension letter as their action on the NDA is forthcoming.

[09:07] {Threei} csomo, dp, vinod :)

[09:07] {cosmo} :)

[09:08] {Threei} (US) Treasury's Geithner: regulatory overhaul to cover gaps in systemic risk protection

[09:11] {Threei} Economy continues to face massive challenges, is in the early stages of repair

[09:17] {fernp} good morning everybody

[09:17] {ese} fern

[09:18] {Threei} fern :)

[09:19] {tomg} good morning all

[09:19] {Threei} tom :)

[09:20] {cosmo} cramer likes TQNT fyi

[09:21] {Threei} TQNT Price Target raised to $7 from $5 at Barclays, maintains overweight rating

[09:22] {ese} was reading a brokers blog a few years back and their standard play was to short cramer when he like something.......i'll bet they still do it

[09:26] {patience} good morning guys :)

[09:27] {Threei} patience :)

[09:27] {ese} patience

[09:29] {dino} gm all

[09:29] {Threei} dino :)

[09:29] {magoo} kugfjyyfjyuf

[09:29] {ese} how bout that heres the blog http://shortcramerpicks.blogspot.com/

[09:29] {Threei} 06/15/2009 08:05 AM [JAZZ] Data Suggest Sodium Oxybate Significantly Improves Pain and the Core Symptoms of Fibromyalgia

[09:29] {Threei} mags :)

[09:30] {ese} mags

[09:30] {Threei} Fed's Evans: TALF is working as expected

[09:31] {Threei} watching JAZZ

[09:33] {Threei} let's try to get it on pullback

[09:34] {Threei} BDSI hard selloff

[09:35] {Threei} 3.40 - 3.50 area JAZZ

[09:38] {cosmo} svnt

[09:38] {cosmo} 9.62 hod

[09:38] {Threei} one more sharp leg down JAZZ, and will be interested

[09:39] {Threei} Long Setup: SPPI 6.10 break

[09:41] {Threei} SQNM

[09:41] {Threei} no news that I see

[09:41] {nemo} STOP ON SPPI?

[09:42] {Threei} under 6 if triggers from here

[09:45] {_levelseven} in sqnm 4.99

[09:47] {magoo} BAC bounce coming

[09:47] {magoo} not in yret

[09:48] {dino} 8633 been holding, 926, and 1475

[09:48] {magoo} clubbed mkt

[09:48] {Threei} quite a selloff there

[09:48] {magoo} end of world vad???

[09:48] {dino} going to blow thru those levels, feels like

[09:48] {Threei} sure, we haven't had one this week yet

[09:48] {nemo} 2012

[09:48] {Threei} so let's have early and move on

[09:48] {Threei} SPPI invalidated

[09:48] {dino} gaps 5/29; 8500, 1435, 919

[09:49] {Threei} WFC is relatively stronger

[09:49] {vinod} QID?

[09:49] {magoo} agree

[09:49] {dino} ibm strong

[09:49] {nemo} SDS

[09:50] {Threei} JAZZ bounced from .45

[09:51] {Threei} was tough entry there

[09:51] {vinod} missed JAZZ

[09:51] {magoo} yea

[09:51] {magoo} SPY may be ready vad to bounce

[09:52] {nemo} maybe look for double bottoms given the indices today

[09:53] {Threei} JAZZ just goes

[09:53] {Threei} that initial read was the most accurate

[09:53] {Threei} [09:35] {Threei} 3.40 - 3.50 area JAZZ

[09:53] {jfjf64} yup

[09:54] {Threei} ACOR Hearing renewed takeover chatter circulating (26.21, 0.68, 2.66%)

[09:55] {dino} sm l ctrp .45

[09:55] {Threei} (US) Fed's Evans: There is a risk US unemployment could get close to 10% - Q (related EUR/USD )

[09:56] {magoo} RIMM intersting vad..double bottom

[09:56] {_levelseven} is like these Fed guys decide wether to buy calls ot puts, then make a statement about economy

[09:56] {magoo} an inverted snow camel formation

[09:56] {dino} cnqr sm l .75

[09:56] {_levelseven} sppi

[09:57] {_levelseven} sqnm nhod

[09:58] {_levelseven} out 1/2 sqnm 5.14 +.15

[09:58] {Threei} JAZZ Earlier this morning, CNBC's Mike Huckman comments on his blog that JAZZ Pharma press release this morning was on data that was presented last week

[09:59] {dino} qcom sm l .85

[09:59] {jfjf64} early bird gets worm??? lol

[09:59] {jfjf64} 3.40 3.50

[10:00] {Threei} SPPI really trying

[10:00] {_levelseven} sppi pace picking up

[10:03] {vinod} VAD- all your initial setup on JAZZ SPPI were good i didn't got any

[10:03] {Threei} both were very tough

[10:04] {Threei} QEP Co. Inc Reports Q1 $0.64 v 0.35 y/y, R$50.7M v 54.9M y/y

[10:04] {Threei} - gross margins 30.6% v 30.6% year ago

[10:04] {Threei} - significant economic uncertainties remain in each of the markets in which it operates. Accordingly, it remains extremely difficult for the Company to project how the global economic environment will perform and the extent to which, or whether, the recently experienced improvements in the Company''s results of operations will continue.

[10:04] {Threei} QEPC

[10:05] {_levelseven} would just like to scalp the spread

[10:05] {Threei} (US) White House Econ Advisor Goolsby: Reiterates proposal that all derivative dealers by subject to regulation -CNBC Interview

[10:06] {Threei} ALTU Hearing takeover chatter circulating (0.59, 0.04, 7.09%)

[10:07] {jfjf64} jazz double top challengen highs

[10:10] {Threei} US Supreme Court to review case involving gas station lease dispute

[10:10] {Threei} must be important lease

[10:12] {jfjf64} jazz ouch

[10:12] {_levelseven} sqnm hod

[10:13] {Threei} JAZZ will never stop

[10:13] {Threei} it will go and go, foirever

[10:14] {jfjf64} my week wd of been done

[10:14] {dino} ctrp styopped -.45

[10:16] {jfjf64} tza vad tripple tp

[10:16] {_levelseven} sqnm pushing again

[10:16] {Threei} if you are up to gambling play

[10:17] {Threei} JAZZ, .50 break

[10:17] {Threei} if holding above .35

[10:17] {Threei} scary one

[10:17] {_levelseven} out remaining sqnm 5.21 +.22

[10:19] {dino} gj

[10:20] {Threei} UAUA CFO: Current environment may be right to make further plane orders

[10:20] {Threei} half out JAZZ

[10:21] {vinod} I am In JAZZ what is stop in 0.50

[10:21] {Threei} under .35 originally

[10:21] {Threei} hit 1:1, so half out and stop to .45

[10:22] {vinod} thanks

[10:22] {vinod} out .63

[10:22] {Threei} offer 1/4 more .75

[10:22] {Threei} and last 1/4 .90

[10:23] {_levelseven} sppi trying again

[10:23] {Threei} yeah, looks like anohter runner if takes .25

[10:23] {vinod} see you after 13.30

[10:23] {Threei} take care vinod

[10:24] {_levelseven} sqnm is providing good scalps if u can stay on top of it

[10:25] {dino} rmbs rocking

[10:26] {_levelseven} 3i, sppi took the .25

[10:26] {Threei} stop under .15

[10:27] {_levelseven} didnt look like it had the legs (vol) earlier but you nailed it

[10:30] {Threei} HIG S&P revises outlook to stable from negative

[10:31] {Threei} hmmm

[10:32] {Threei} Long Setup: HIG .37 if holding above .30

[10:32] {Threei} interesting feeling today

[10:32] {Threei} market drops and drops, but there is a distinctive bullish feeling in the air, lol

[10:33] {Threei} maybe because I am focused on a few stocks that show strength

[10:33] {nemo} bullish or BS

[10:33] {Threei} and they do that against the market

[10:33] {magoo} plus your natural inclination to be positive and optimistic vad:)

[10:33] {Threei} rofl

[10:34] {nemo} altruistic lover of humanity

[10:34] {Threei} look how HIG is holding

[10:35] {Threei} impression is, these stocks just wait for the market to stabilize

[10:35] {_levelseven} sqnm nose dive

[10:35] {Threei} OPEC Sec Gen: Does not want oil prices to rise too rapid;y; seeks stable prices

[10:36] {nemo} unfortunately, he can't manage the $

[10:36] {Threei} VPHM Hearing vague chatter company as resolved issues with FDA over Cinryze (6.02, 0.06, 1.01%)

[10:39] {dino} calm

[10:39] {nemo} pork producer

[10:40] {jfjf64} hig strong

[10:41] {_levelseven} mkt not helping us

[10:42] {jfjf64} or is it hmmm

[10:42] {Threei} SVA Completes Construction of H1N1 Virus Seed Bank

[10:42] {Threei} - completed construction of the H1N1 virus seed bank necessary to produce a virus antigen

[10:43] {Threei} (US) Senator Stabenow: 1 yr stimulus too short, would like to see 10 yr stimulus window

[10:43] {Threei} why stop there

[10:43] {Threei} let's go for 100 years stimulus

[10:43] {Threei} and stimulate all this stuff out of existence

[10:43] {nemo} w ffffn stimulus? all they did was replace spending cuts

[10:47] {Threei} RMBS non-stop

[10:47] {Threei} SVNT Hearing upgraded from Hold rating at a boutique firm [wall st access] (timing uncertain) (9.31, 0.05, 0.54%)

[10:47] {nemo} HIG breaking through

[10:48] {dino} sm l pnra .09

[10:52] {dino} wynn sm l .30 stop .99

[10:54] {Threei} half out who went for HIG

[10:54] {jfjf64} ty

[10:55] {nemo} didn't it invalidate?

[10:55] {nemo} or stop

[10:57] {Threei} I provide coments for those who went for it and stayed with it

[10:57] {nemo} Ahhh

[10:57] {Threei} it barely touched on .37 before invalidating,

[10:57] {Threei} then returned to high

[10:58] {Threei} became kind of discretionary one

[10:58] {nemo} yes

[10:58] {Threei} and when there is a discretion, there usually is someone who takes the trade

[10:59] {Threei} not even speaking of aggressive ones who wait for pullback

[10:59] {nemo} Magoo

[10:59] {Threei} so who am I to discmintate and leave those without support

[10:59] {nemo} Mags, you take it?

[11:01] {magoo} actually, no

[11:01] {nemo} Monday

[11:01] {magoo} watching RIMM , not in ..flat here

[11:02] {dino} wynn stopped -.32

[11:02] {magoo} nasty mkt

[11:03] {nemo} unless you're playing shorts

[11:03] {nemo} I stand on my head when looking at the screen, it's like going long

[11:03] {magoo} true dat lol

[11:04] {magoo} i always want to..but tend to not

[11:05] {Threei} Long Setup: FITB .70 if stays bove .65

[11:07] {Threei} US) Economist Robert Schiller: Housing downturn is not over yet

[11:07] {Threei} US Economist Roubini: US unemployment will reach 11% 'for sure'; stress tests not stressful enough

[11:07] {Threei} ok... too many talking heads at once

[11:08] {Threei} and each trying to out-pessimize others

[11:08] {Threei} looking for market turn

[11:09] {Threei} FITB, I'd modify it

[11:09] {nemo} indexes look lik bottoming

[11:09] {Threei} .65 break long if stays above .60

[11:09] {Threei} either that, or conslidate for another leg down nemo... hard to tell

[11:10] {nemo} understand :)

[11:11] {magoo} RIMM has held

[11:13] {magoo} any read rimm vad?

[11:13] {Threei} .20 break worth a try

[11:16] {Threei} 1:1

[11:24] {Threei} FITB invalidated second time

[11:24] {Threei} not is day

[11:24] {Threei} its

[11:27] {Threei} CNBC's Liesman: Part of new regulatory overhaul will require security originators to hold 5% of securitized assets sales

[11:28] {Threei} new overhal will eliminate 'gain on sale' accounting

[11:28] {Threei} hmmm?

[11:28] {Threei} why would they want to eliminate that?

[11:28] {nemo} they'll still hold part of the asset, how will they know how much they made?

[11:29] {Threei} what is it, another m2m disaster in the making?

[11:29] {nemo} If there margin on the sale was 5%, the amount they're required to hold, and the asset goes to 0 they make nothing

[11:29] {nemo} absolutely

[11:29] {Threei} FDA reportedly notes there may be an association between ADHD drugs and deaths - unconfirmed reports (related LLY NVS TEVA PFE )

[11:31] {nemo} Abby Joseph Cohen sees a surge in corporate profits...has that woman ever been right about anything?

[11:36] {ese} no....ese is watching.........just very tired from a performance last weekend.....don't feeli like i'm all here and so should not be making trades

[11:36] {Threei} oh great

[11:37] {Threei} that's why FITB is so wek today

[11:37] {Threei} ese is not supporting it

[11:37] {magoo} just once she was..in like 1998

[11:37] {nemo} so it's ese's fault

[11:37] {Threei} yes

[11:37] {nemo} musicians

[11:37] {Threei} they are the worst

[11:38] {Threei} next chance I get, I'll pour 2 bottles of vodka in him and make him promise he buys 1 mil of shares of FITB daily

[11:52] {Threei} Short Setup: RMBS .20

[11:52] {Threei} if stays below .30

[11:53] {Threei} just a scalp, feel free to cover

[11:54] {Threei} hit 1:1 in one sharp bar

[11:57] {nemo} rmbs maybe setting up agin

[12:04] {Threei} FITB finally reversed

[12:05] {Threei} oh well

[12:05] {jfjf64} no ese no fitb

[12:06] {Threei} yeah

[12:06] {Threei} ok, looking at WFC,

[12:06] {Threei} it's eaither .80 break short

[12:06] {Threei} or .90 break long

[12:06] {Threei} whichever comes first

[12:07] {jfjf64} ya drinkin

[12:08] {jfjf64} lol

[12:08] {Threei} what makes you think so? (gulp)

[12:09] {jfjf64} ese laid up know ya drinkin what up

[12:10] {jfjf64} need dino to drive boat

[12:12] {dino} :)

[12:16] {Threei} Prez on TV

[12:16] {dino} when isn't he

[12:17] {Threei} lol

[12:18] {ese} hey jf......no my high school

[12:18] {Threei} President Obama: Does not support any caps on damages from healthcare lawsuits, calls fear of lawsuits a "real issue" for doctors - speaking before the AMA

[12:19] {ese} thythm and blues band had a show

[12:19] {ese} in Vancouver on the weekend and it was a late

[12:19] {ese} show saturday night that i haven't fully recovered from yet

[12:19] {ese} drinkin would have been earsy to recover from

[12:22] {dino} you're getting old es, lol

[12:23] {ese} definately

[12:24] {ese} but with my new cobras'.....can still put a 3 iron 210.......and tee it up to 270

[12:25] {ese} hangin in there

[12:25] {dino} 3 iron 270 from tee, nice

[12:25] {nemo} rmbs recovered

[12:26] {chinggis} Vad JAZZ pullback playable?

[12:27] {Threei} can't tell here... I would do this about JAZZ:

[12:27] {Threei} lave it alone for now,

[12:27] {Threei} return to watch it closer to end of day

[12:27] {Threei} or if it returns to the high

[12:27] {Threei} I have feeling it may not be done yet,

[12:27] {Threei} but at this point it's in digesting state of mind

[12:28] {Threei} chewing up both, longs and shorts

[12:28] {Threei} and waiting to see who has more resolve

[12:28] {Threei} don't want to get chewed up here :)

[12:28] {chinggis} ok TY

[12:30] {ese} driver from the tee 270

[12:32] {jfjf64} goin to us open sat ese bethpage

[12:33] {Threei} WFC hit 1:1 quickly

[12:33] {Threei} anyone?

[12:33] {jfjf64} yup

[12:33] {Threei} :)

[12:33] {jfjf64} ty

[12:33] {jfjf64} gulp

[12:33] {Threei} lol

[12:35] {jfjf64} im countin 5/5 today keep drinkin

[12:38] {Threei} wow

[12:38] {Threei} wtg

[12:39] {dino} gj

[12:41] {jfjf64} hpq .02 trigger here

[12:41] {ese} hey jf........will be watchin it on the telee....you going

[12:42] {jfjf64} yup 20 min from where i live

[12:42] {ese} NICE!!!!!!!!

[12:42] {ese} i wish

[12:45] {ese} would love to see a major some time.......closest i've been is the 94 British open that Nick Price won.....I played the course "Turnberry" the next weekend. All but 2 of the pins were the pins they had for the open

[12:46] {ese} shot 84.......very exhillarating

[12:47] {jfjf64} 84 nice

[12:47] {ese} ok....are you ready for this......this will be hard to believe????

[12:47] {ese} i was on????????

[12:48] {ese} my hooneymoon!!!!!!!

[12:48] {jfjf64} wow

[12:48] {jfjf64} ya better stay with her

[12:49] {jfjf64} lol

[12:49] {ese} indeed...beautifull clubhouse......my wife sat in luxury reading and being catered to for 5 hours

[12:50] {jfjf64} im a ticket broker also so i get to go to all that stuff

[12:50] {ese} again..........NICE!!!!!!!!!

[12:52] {ese} yup.....i can remember the Turnberry club house like it was yesterday.......Locker rooms were all decked out in green marble.......made my house look like something out of "Slumdog Millionaire"

[12:53] {jfjf64} different world maybe one day

[12:54] {ese} for sure.....hope to get back there though.......maybe you dino and I........Scotish golf tour ehhhh?

[12:54] {jfjf64} gettin alot of rain here hopefully by weekend clears out

[12:55] {jfjf64} sure take vad with us

[12:55] {Threei} me no golfer

[12:55] {ese} indeed...... he can do the crab fishing for dinner!

[12:55] {jfjf64} luv crabs

[12:58] {ese} Ok....i'm starting to come to life mentally here.......just in time to go administer one of my math exams.....

[13:14] {Threei} Moodys cuts Ohio GO rating to Aa2 from Aa1

[13:14] {Threei} can we short Ohio?

[13:26] {Threei} WSJ: Fed economist claims US close to full capacity, has doubts on economy's slack

[13:26] {nemo} huh?

[13:26] {Threei} don' get it either

[13:29] {Threei} S&P raises Ecuador rating to CCC+ from SD

[13:29] {Threei} ok, so the game is clear now

[13:29] {Threei} short Ohio, long Ecuador

[13:30] {magoo} symbols??

[13:30] {Threei} OH and EC

[13:30] {Threei} oops, there is EC

[13:30] {Threei} lol

[13:31] {Threei} EECK then

[13:31] {vinod} my guess down over 300 point

[13:32] {dino} pnra stopped .19, +.10

[13:32] {dino} 919 gap filled

[13:32] {Threei} Fed's Fisher: Deflation is just as bad as inflation - tv interview

[13:33] {Threei} heh

[13:33] {Threei} wisdom from high above

[13:33] {Threei} 'too much slack' exists in US economy

[13:33] {Threei} hmmm

[13:34] {Threei} WSJ: Fed economist has doubts on economy's slack

[13:34] {Threei} what the heck are these guys talking about?

[13:35] {Threei} - Comments that does not expect the Fed to tighten rates in the near future

[13:37] {ese} outta here all see ya tomorrow........make sure you study.....because i'm giving you my gr10 math exam

[13:37] {jfjf64} later ese

[13:38] {Threei} take care ese

[13:38] {ese} later

[13:38] {ese} see ya vad

[13:42] {_levelseven} sppi still hangin around

[13:43] {Threei} yeah, same idea as JAZZ

[13:43] {Threei} subject of interest later on

[13:43] {Threei} lwt it digest for now

[13:44] {_levelseven} if the mkt would rally a bit...

[13:45] {Threei} that seems to be a tall order today, lol

[13:45] {Threei} although.. look how there is no volume on this red day

[13:45] {nemo} tndm on 5 minute chart

[13:48] {magoo} setting up for dino's infamous call "turnaround tuesday"

[13:49] {Threei} with this volume on retreat, I wouldn't be suprised

[13:49] {Threei} and I would expect a snaback to be quite violent

[13:50] {Threei} what is better way to kill shorts than to encourage them by such red bar,

[13:50] {Threei} then open with gap up and never look back

[13:51] {nemo} Wonder what time the PPT shows up today

[13:52] {vinod} they going to show up on short side today

[13:52] {Threei} if they want the trap to be perfect, they won't

[13:52] {Threei} they'll let bears have their day

[13:52] {Threei} lure them in overnight holds,

[13:53] {Threei} trap them by gap up

[13:53] {Threei} and push as hard as possible to force them cover and add fuel

[13:53] {magoo} i feel bad for the cute lil bears

[13:53] {Threei} if I were PPT head, that's how I would murdered them

[13:54] {vinod} I thought short are already dead.

[13:54] {wulff} "They," I assume are people with more money then I?

[13:56] {dino} turnaround tuesday?

[13:57] {Threei} STSI Reportedly jury is set to hear closing arguments in case against Reynolds today (4.46, -0.02, -0.45%) (related RAI )

[13:57] {Threei} THEY wulff... you know...

[13:57] {Threei} powers that be

[13:58] {wulff} the borg

[13:58] {Threei} the who?

[13:58] {nemo} star trek

[14:00] {Threei} look at this sneaky move by SPPI

[14:01] {magoo} [13:49] {magoo} setting up for dino's infamous call "turnaround tuesday"

[14:05] {Threei} SPPI seems to becoming a runner candidate

[14:06] {Threei} I'd like to see one more little retreat before breaking the high

[14:06] {Threei} and I wouldn't be surprized to see 7 today

[14:06] {jfjf64} i lk when ya see the future

[14:07] {Threei} unless it's hallucination

[14:10] {Threei} high is abouit the get tested

[14:16] {Threei} OK, here is our retreat

[14:16] {Threei} want it to be not too deep

[14:16] {Threei} then return to above .30 and break

[14:17] {Threei} ideally, we never lose .10- .15

[14:17] {jfjf64} ya lost me what is trigger pls

[14:18] {Threei} .33 - .35

[14:18] {jfjf64} k

[14:19] {dptl} have a good evening all

[14:19] {Threei} take care dp

[14:19] {jfjf64} what was that

[14:19] {Threei} out of bounds print

[14:20] {Threei} real low is .10

[14:24] {dino} qcom l .00, last try

[14:27] {jfjf64} de l.02

[14:31] {jfjf64} no good

[14:34] {_levelseven} hw hi did sppi get in that move a little while ago?

[14:35] {Threei} .32

[14:35] {Threei} with a few prints out of bounds

[14:36] {vinod} market is down on small to no volume today

[14:36] {Threei} yup

[14:37] {_levelseven} sqnm fell outta bed

[14:37] {vinod} better luck tomorrow have a good evening see you tomorrow

[14:38] {Threei} take care vinod

[14:43] {Threei} with this pullback, want to look for entry better than day high

[14:44] {Threei} could take a few tries but better risk than wait for another run at highs

[14:44] {Threei} 6.10 break if holding above 6

[14:45] {chinggis} which stock Vad?

[14:46] {Threei} SPPI

[14:46] {chinggis} TY

[14:51] {jfjf64} someone lk to tell sppi the market still open

[14:51] {nemo} sqnm VAD

[14:55] {Threei} starts looking like turning point for it

[14:55] {Threei} if pulls back closer to .70, worth a try

[14:56] {Threei} with stop under .65

[14:58] {jfjf64} jazz got the look

[14:59] {jfjf64} nice vol

[14:59] {Threei} first strength from here, SQNM

[15:05] {wulff} again the market never ceases to impress me

[15:05] {wulff} with its wierdness

[15:05] {jfjf64} jazz settin up again

[15:05] {Threei} that's what it does best wulff

[15:06] {jfjf64} goin to test highs

[15:06] {wulff} it being a representation of the collective

[15:06] {wulff} and we being the collective

[15:07] {nemo} Oh great, the Borg again

[15:07] {wulff} we are hence weird...

[15:07] {Threei} thus we are weird

[15:07] {wulff} and unstable

[15:07] {Threei} I disagree

[15:08] {Threei} I am very stable in my weirdness

[15:08] {dino} one of seven

[15:08] {dino} bprg that is

[15:08] {dino} borg

[15:08] {nemo} wullf might have a point...you're consistent though

[15:10] {Threei} oh, and I am very weird in my stability

[15:10] {_levelseven} like watching grass grow

[15:11] {nemo} ?

[15:11] {Threei} it's those green shoots, l7

[15:11] {nemo} like listening to Vad's jokes

[15:11] {nemo} :)

[15:11] {_levelseven} mkt maybe bouncing

[15:11] {Threei} you be careful nemo... people who venture too far against my jokes risk to be subjected to listenting to my poetry

[15:12] {nemo} After threee....the PPT

[15:12] {Threei} and trust me... you don't want that

[15:12] {_levelseven} sppi trying to tell us something

[15:12] {nemo} There was a man from Ukrain...who thought he had a very big brain

[15:13] {Threei} well well well... I think we are about to see the ultimate in torture: having been made to listen to my SINGNING

[15:13] {jfjf64} he watched his level 2

[15:13] {nemo} hehehehehehehehehe

[15:13] {dino} and kicked it w/his shoe

[15:14] {Threei} there were rare individuals of almosy inuman strength who survived my poetry

[15:14] {jfjf64} jazz alert

[15:14] {nemo} I read that while drinking over the keyboard...not good

[15:14] {Threei} but no one managed to live through my singing yet

[15:14] {nemo} There was a trader named Vader

[15:15] {jfjf64} in .48 jazz

[15:15] {dino} who had a gal and he did hate her

[15:16] {nemo} so he started to recite

[15:16] {Threei} wow... I may be not the worst at it

[15:16] {dino} i don't want to fight

[15:17] {nemo} ...said she in a terrible fright

[15:17] {_levelseven} zzzzzzzz

06[15:18] * nemo slaps _levelseven around a bit with a large alarm clock

[15:18] {Threei} half out SQNM

[15:18] {Threei} scalpers takwe profit

[15:20] {jfjf64} 1/1 jazz

[15:20] {Threei} nice jf

[15:21] {dino} qcom stopped flat sheesh

[15:21] {jfjf64} allout

[15:21] {jfjf64} ty

[15:24] {jfjf64} pull bk to .20 wd be good

[15:27] {Threei} Elliott Wave's Prechter: The US will likely loose its AAA rating by the end of 2010, sees S&P500 falling well below March 6th interday low by end of 2009 or early 2010

[15:28] {Threei} Elliott Wave?

[15:28] {_levelseven} any other uplifting news?

[15:28] {Threei} what the deuce is that outfit?

[15:28] {nemo} well, as long as we can make money on the short side

[15:28] {nemo} Geometry of stock movement

[15:28] {Threei} that I know... what business do they have predicting ratings of countries?

[15:28] {Threei} what does it have to do with technical analysis

[15:29] {Threei} especially with such woodoo brand of it

[15:29] {Threei} voodoo too

[15:29] {Threei} feel free to exit second half of SQNM as you see fit

[15:29] {Threei} nice and easy play

[15:29] {Threei} also, I will venture to suggest:

[15:30] {Threei} anyone who in this climate thinks he can forecats what is going to happen "by end of 2009 or early 2010" is delusional

[15:30] {wulff} yup

[15:30] {nemo} I know what's happening in 2012

[15:30] {_levelseven} stocks picking up

[15:30] {Threei} in reality it's a simple case of:

[15:31] {Threei} forecast must be long enough for people to forget,

[15:31] {Threei} then if it pans out, author will remind and copy/paste,

[15:31] {Threei} if not - no one will ever hear about it

[15:35] {nemo} PPT a few minutes early?

[15:36] {nemo} or just shorts covering like rats from a sinking ship?

[15:36] {Threei} {PPT} by whose standards? we are on our own schedule

[15:37] {nemo} I'm on martian time myself

[15:37] {wulff} remind me, PPT

[15:37] {nemo} Plunge Protection Team

[15:37] {jfjf64} bounce

[15:37] {wulff} Peters party tray

[15:37] {Threei} mythical creature from nemo's feverish fantasies

[15:38] {nemo} whoa

[15:38] {nemo} Must be true, I heard it on CNBC

[15:38] {jfjf64} jazz .64 trigger

[15:39] {Threei} nice

[15:40] {jfjf64} half out

[15:41] {Threei} my plan for SPPI:

[15:42] {Threei} stop is still under 6,

[15:42] {Threei} feering half above 6.20,

[15:42] {Threei} willing to cary it overnight if no resolution today or after hours

[15:42] {jfjf64} 1/4 out

[15:42] {_levelseven} been stuck in the mud

[15:42] {jfjf64} stop to .70 last

[15:43] {Threei} beautiful management jf

[15:43] {Threei} your trading is very very different from what it was just a couple short months ago

[15:43] {jfjf64} ty pirate ya

[15:46] {jfjf64} startin to sink in

[15:47] {Threei} not too complicated when you get right down to it, eh

[15:47] {Threei} not easy to execute, buit not complicated

[15:50] {_levelseven} sppi miserable range

[15:50] {jfjf64} keep it simple tk what it gives us but correct not easy to executive

[15:50] {dino} gj jf

[15:51] {jfjf64} thank all ya guys best show in town

[15:54] {Threei} wow

[15:54] {Threei} look at today's volume

[15:55] {Threei} what is it, less than half?

[15:55] {nemo} I've got about 60% DOW 75% NAS 55% S&P

[15:55] {Threei} ty

[15:56] {jfjf64} guess lot of people took long weekend

[15:56] {nemo} Summer

[15:58] {Threei} okay guys

[15:58] {Threei} not ourtstanding but profitable day

[15:59] {Threei} have a good evening, see you tomorrow

[15:59] {nemo} P&Q

[15:59] {jfjf64} n all

[16:00] {fernp} good evening all

[16:01] {magoo} ty all

[16:02] {dino} gn all

Jun 12 2009

Positive day but somewhat disconnected. Trades would appear with no "flow" so to speak. Or maybe it's just Friday.

Session Time: Fri Jun 12 00:00:00 2009

[08:21] {pita} gm everyone

[08:21] {Threei}  morning pita

[08:21] {nemo} hey pain!

[08:21] {pita} Captn!

[08:22] {Threei}  SVNT... sheesh

[08:26] {vinod} GM everyone

[08:26] {nemo} Vino :)

[08:27] {Threei}  vinod :)

[08:27] {nemo} cpst spit the bit

[08:28] {vinod} I brought at 1.23 1k

[08:28] {Threei}  went up nicely after the closer

[08:28] {nemo} yes, up to 1.42 I think

[08:29] {vinod} nemo-got email no raise in 2010, got nothing in 2009 but 5% pay cut

[08:29] {vinod} and economy is improving?

[08:29] {nemo} you're one of the lucky ones

[08:29] {nemo} of course not, just falling slower.  

[08:30] {nemo} It went over the cliff, and landed on a downward sloping lower cliff

[08:30] {nemo} We're sliding toward the edge again

[08:30] {vinod} don't trust pre-market

[08:30] {nemo} I used to swim at the Quincy Quarries before they drained them

[08:31] {nemo} From experience, if the economy starts falling from a great height and hit's water instead of ground, it still hurts...alot.

[08:31] {vinod} will be back by 9.30

[08:49] {nemo} consumer sentiment in a few minutes

[08:53] {Threei}  hmmm

[08:53] {Threei}  Friday, June 12, 2009 8:19:41 AM

[08:53] {Threei}  Savient Pharmaceuticals Inc. Hearing strength attributed to chatter surrounding FDA staff report released on Krystexxa FDA application ahead of FDA advisory panel meeting next week

[08:53] {Threei}  - follow up: FDA staff report states it believes Krystexxa is effective at the proposed dosing, but there are some concerns regarding safety profile of the gout drug. Safety issues include potential heart problems and allergic reactions.

[08:56] {magoo} morning

[08:56] {nemo} Magus :)

[08:56] {nemo} How much longer for the ankle?

[08:57] {Threei}  magoo :)

[08:58] {magoo} oh..ty for asking

[08:59] {magoo} ive been limping around no cast or crutches since last saturday

[09:02] {Threei}  what do I miss about SVNT... what's on wires doesn't look all that rosey

[09:02] {nemo} so the market is supposed to be logical?

[09:05] {cosmo} hmmm...logical ... makes cents to me....

[09:08] {fernp} good morning everybody

[09:08] {Threei}  fern :)

[09:08] {dino} gm all

[09:08] {Threei}  dino :)

[09:16] {ese} good morning

[09:17] {Threei}  ese :)

[09:18] {ese} "whats the buzz tell me whats a happenin".....repeat that line 4 times....JC superstar opera

[09:19] {ese} remember that?

[09:19] {cosmo} missing bees?

[09:20] {ese} indeed 

[09:20] {cosmo} :)

[09:22] {ese} just about slept throught the opening......we looking at anything in particular

[09:22] {nemo} svnt cpst 

[09:23] {Threei}  SVA

[09:23] {nemo} alti

[09:23] {Threei}  ALTI

[09:23] {nemo} whoa

[09:23] {Threei}  what?

[09:23] {Threei}  I don't watch WHOA

[09:23] {nemo} the pididdle

[09:24] {dino} rmbs

[09:25] {cosmo} acas

[09:26] {dptl} good morning all

[09:26] {Threei}  Thursday, June 11, 2009 10:50:43 PM

[09:26] {Threei}  Rambus Inc Confirms tentative settlement with European Commission

[09:26] {Threei}  - The company announced that it has reached a tentative settlement with the European Commission (the Commission) to resolve the pending case against the Company.

[09:26] {Threei}  - Under the proposed resolution, the Commission would make no finding of liability relative to JEDEC-related charges, and no fine would be assessed against Rambus. In addition, Rambus would commit to offer licenses with maximum royalty rates for certain memory types and memory controllers on a forward-going basis.

[09:26] {Threei}  dp :)

[09:26] {cosmo} ACAS: 3.70 pre mtk high fyi

[09:27] {Threei}  so, what's the reasoning to short SVNT by realmoney?

[09:27] {nemo} the guy said so

[09:29] {ese} i like the dividend angle cos......

[09:29] {ese} some stock yestereday just when shooting up on that kinda news

[09:30] {magoo} its a call to short open..then reenter long later

[09:30] {Threei}  scary guy

[09:31] {magoo} well..its working

[09:32] {dino} lol

[09:32] {Threei}  good luck doing that...

[09:33] {magoo} finnies ripped up against naz

[09:34] {nemo} might be on that "profit" earned by the citizens on their CITI investment

[09:34] {magoo} dive RIMM vad

[09:34] {dino} rmbs sm s .15

[09:35] {Threei}  wanna have a look at SVNT?

[09:35] {magoo} ya

[09:35] {Threei}  poor shorts

[09:36] {magoo} he said then buy it 

[09:36] {Threei}  sigh

[09:36] {Threei}  I'll provide same kind of calls from now on

[09:36] {Threei}  buy RIMM then short it

[09:36] {Threei}  there, 5 cents uptickj

[09:37] {Threei}  and 7 cents downtick now

[09:37] {Threei}  I was right

[09:37] {magoo} ty he he

[09:37] {Threei}  oh you are very welcome

[09:38] {magoo} FOCUS

[09:38] {magoo} look RIMM

[09:38] {dino} take a chill vad

[09:38] {Threei}  HIG Exec: TARP is still being evaluated, not yet decided

[09:38] {Threei}  - Reminder: HIG was among certain insurers deemed eligible to receive TARP

[09:39] {dino} crazy to take it

[09:39] {dino} or desparate

[09:39] {Threei}  serious dump HIG

[09:39] {Threei}  FITB on the other hand...

[09:40] {ese} yes am waiting for a pullback there vad

[09:41] {ese} bac and wfc up also

[09:41] {Threei}  SVNT will trade higher today

[09:41] {Threei}  it's a trap for shorts

[09:41] {Threei}  too bad it's so volatile, hard to control risk

[09:42] {Threei}  prepared alert twice for 8.90 break, and backed off

[09:43] {nemo} what was your stop on rmbs dino?

[09:43] {Threei}  ALTI is breaking

[09:43] {dino} .53 still in

[09:43] {nemo} nice

[09:44] {dino} time will tell

[09:44] {nemo} at the moment of course

[09:45] {Threei}  who took it overnight, keep stop at .97

[09:45] {dino} ;)

[09:45] {vinod} CPST moving

[09:46] {Threei}  CPST, offer half somewhere between 1.40 and 1.50, IMO

[09:46] {Threei}  stop under 1.10

[09:46] {cosmo} jaso

[09:48] {Threei}  who never took ALTI but liking it now - try to get it on pullback, as long as it doesn't lose .97

[09:49] {dino} payx sm s .51

[09:50] {dino} stop .83

[09:50] {dino} qcom sm l .50, stop .17

[09:51] {Threei}  half out ALTI

[09:52] {cosmo} jaso 5.80 test soon

[09:53] {ese} no clear direction markets

[09:53] {dino} gut says down

[09:54] {ese} michigan confidence out in a couple of minutes

[09:54] {ese} have same feeling dino

[09:54] {nemo} that should be interesting with gas and oil

[09:54] {dino} throw gut out then

[09:54] {ese} indeed

[09:55] {cosmo} jaso needs to hold 5.70 i think

[09:55] {Threei}  JUNE PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 69 V 69.5E

[09:55] {nemo} 69...gotta' turn around

[09:55] {ese} dn it is

[09:56] {vinod} is it better than expected?

[09:56] {nemo} slightly worse

[09:57] {Threei}  HIG...

[09:57] {Threei}  not ready yet but watching

[09:57] {dino} rmbs stopped -.38

[09:58] {dino} payx bstop to .40

[10:00] {dino} qcom stopped -.33

[10:02] {ese} is acas a bank

[10:03] {dino} cov payx .20, +.31

[10:04] {Threei} Long Setup:  CPST  first strength if stays above .15

[10:07] {Threei}  GNBT Awarded Five New Patents for Its Proprietary Drug Delivery Systems

[10:07] {Threei}  - The patents provide additional protection for Generex''s proprietary compositions and me... (14.00, -0.07, -0.50%) more...

[10:08] {dino} acas, not bank, business iincubator type co.

[10:08] {Threei} Long Setup:  SVNT  on pullback from here, try to get 9.10 ara

[10:08] {Threei}  half lot

[10:09] {dino} intc gap fill from monday

[10:11] {ese} daaaaaa svnt....not coming back

[10:11] {nemo} observant

[10:12] {ese} tks.....pride myself in that

[10:13] {dino} last try, qcom .20 sm l stop .93

[10:14] {vinod} Boss any interest CRXX

[10:15] {Threei}  CombinatoRx Incorporated Presents Full Data on Synavive Phase 2 Knee OA Trial at EULAR 2009

[10:15] {Threei}  - Co announced the presentation of full data on Synavive (CRx-102) Phase 2 knee osteoarthritis (OA) trial (COMET-1) at EULAR 2009, the Annual European Congress of Rheumatology in Copenhagen on June 12, 2009.

[10:15] {Threei}  hmm

[10:16] {Threei}  hard to tell

[10:16] {ese} sqnm

[10:17] {Threei}  yeah, SQNM found new interest

[10:17] {Threei}  probably not CRXX

[10:17] {dino} cnqr

[10:18] {Threei}  here comes decent pullback SVNT

[10:18] {dino} too fast

[10:20] {Threei} Long Setup:  SQNM  .65

[10:20] {nemo} too fast

[10:20] {Threei}  stop under .55 for scalpers, under .50 for day traders

[10:22] {ese} rats....missed it

[10:22] {Threei}  1:1 for scalpers

[10:22] {ese} nice one vad

[10:23] {Threei}  SVNT

[10:23] {Threei}  first strength from here if stays abovwe 9

[10:24] {Threei}  half lot remember

[10:24] {Threei}  in

[10:25] {Threei}  SQNM 1:1 for daytraders

[10:28] {ese} L drys .02

[10:28] {Threei}  SVNT no worky

[10:29] {ese} need q's help for drys

[10:33] {jfjf64} mornin all

[10:33] {nemo} jf

[10:34] {Threei}  jf :)

[10:34] {Threei}  CPST, not good

[10:34] {Threei}  .15 was today's support

[10:39] {dino} qcom stop to .50

[10:41] {Threei} Long Setup:  HIG  .06

[10:41] {Threei}  if stays above 13

[10:42] {ese} market reversal....good good

[10:42] {dino} qcom to .55

[10:43] {Threei}  HIG half out

[10:43] {Threei}  pesky scalpers got what they want

[10:43] {dino} to .65

[10:43] {jfjf64} ty

[10:44] {dino} cnqr sm l .80

[10:45] {jfjf64} l axp .62 tgigger

[10:45] {dino} out qcom .75, +.55

[10:45] {Threei}  HIG 1/4 more out

[10:46] {jfjf64} axp invalid

[10:46] {jfjf64} hig ty

[10:47] {Threei}  welcome

[10:50] {nemo} stop to .15 on hig?

[10:50] {Threei}  hmmm

[10:50] {Threei}  I am tempted to keep it at b/e for the last piece

[10:51] {Threei}  and do next trail only if it makes new high

[10:51] {nemo} the Canadian Grasshopper is back

[10:51] {Threei}  which would be about .30

[10:51] {_grasshopper} Good morning all

[10:51] {Threei}  it has nice potential still,

[10:51] {Threei}  and we protected a whole lot of profit

[10:51] {Threei}  grasshopper :)

[10:51] {_grasshopper} How did you know I was CND?

[10:52] {ese} gas hooper.........

[10:52] {nemo} when you sign on:[10:50] * _grasshopper (Mibbit@jtc-ada2aebd.cable.rogers.com) has joined #discussions

[10:52] {nemo} Rogers is Rogers Cantel=Canadian telecom

[10:52] {_grasshopper} smart Nemo

[10:52] {nemo} broken clock=right twice a day

[10:52] {_grasshopper} ain't that the truth

[10:53] {dino} sm l pnra .00

[10:53] {nemo} When I was in telecom, they were a customer for the billing system on which I worked

[10:53] {ese} you one of us canuks grasshopper?

[10:53] {_grasshopper} I am 

[10:53] {_grasshopper} and proud of it

[10:53] {nemo} maybe a locust

[10:54] {_grasshopper} NO

[10:54] {ese} where abouts....victoira for me

[10:54] {nemo} nothing wrong with locusts

[10:54] {_grasshopper} Ontario

[10:54] {nemo} that narrows it down

[10:54] {ese} ahhhhhhhhhh

[10:54] {_grasshopper} locusts are creepy so are praying mantises

[10:54] {nemo} I think they're cool.  Found a couple of huge mantises last year

[10:55] {ese} my relatives live in Kenora on Lake of the Woods

[10:55] {_grasshopper} I almost picked one up once as a kid thinking it was a stick and it spooked me

[10:55] {nemo} They do that to a lot of people

[11:00] {vinod} HIG again?

[11:00] {nemo} following the market

[11:02] {vinod} yes

06[11:03] * nemo slaps _grasshopper around a bit with a large ugly, vicous, praying mantis

[11:03] {Threei}  grasshopper look private message please

[11:06] {_grasshopper} where?

[11:07] {Threei}  see where channel names are,

[11:07] {nemo} you in mibbit or mirc?

[11:07] {_grasshopper} yes

[11:07] {Threei}  #floor and #discussions

[11:07] {Threei}  next to them youy should see one with my nick on it

[11:07] {Threei}  click on it and type there

[11:08] {_grasshopper} I'm on mibbit

[11:09] {Threei}  White House Advisor Summers: Regulatory reform will use common sense, Govt intervention should only be temporary within markets

[11:09] {nemo} like, one decade per century

[11:09] {Threei}  hmmm... building contructors in USSR had this saying: there is nothing more permanent that temporary constructions

[11:10] {nemo} yeah, cost + contracts

[11:12] {dino} ctrp

[11:12] {jfjf64} .72 trigger l ms

[11:12] {Threei}  1:2 SQNM

[11:12] {Threei}  me out

[11:13] {Threei}  last piece of HIG still doesn't know what it wants from lifwe

[11:13] {Threei}  life

[11:13] {nemo} wants from wife

[11:14] {nemo} Joke:  What does a dislexic agnostic do?

[11:14] {Threei}  maybe should have done 1/4 thing with SQNM rtoo

[11:14] {ese} hmmmmmmmm........what?

[11:17] {ese} have a feeling that sqnm is going to cover a good part of that gap from 14....big void

[11:20] {Threei}  HIG gave up saying "I don't want anything from life anymore"

[11:21] {jfjf64} common  markett bounce

[11:21] {nemo} stocks are talking to you now?

[11:21] {nemo} Oh, answer:  Wonders whether there is a Dog

[11:21] {ese} always have......thats why he's the cult leader

[11:22] {nemo} pass the punch...er....vodka

[11:22] {ese} all cult leaders have things that talk to them

[11:22] {nemo} and I thought it was the mushrooms

[11:22] {Threei}  SVNT Hearing Oppenheimer making cautious commnents (timing uncertain) (13.36, -0.10, -0.74%)

[11:32] {jfjf64} vad  question   im in  ms .72  with 10cent  stop    with way  its  tradin  my  opinion  is change  it  to 5cent stop at  this  point    wd  ya  agree

[11:33] {nemo} in @ .72 jf?

[11:33] {Threei}  both are valid jf

[11:33] {jfjf64} y  for  last 12 min

[11:34] {Threei}  matter of your objectives and risk tolerance

[11:34] {Threei}  SQNM

[11:34] {Threei}  this is getting serious

[11:34] {jfjf64} ty

[11:34] {Threei}  let's try long on pullback to 5

[11:34] {Threei}  5.10 break is an option too, just more risky

[11:35] {ese} serious is right

[11:35] {nemo} eat sqnm's dust

[11:37] {jfjf64} in .10

[11:40] {Threei}  ALTI new run at highs, stop for the balance to 1.02

06[11:40] * Threei kicks SQNM in the rear with heavy duty army boots

[11:40] {nemo} whoa...pulled out the boots

[11:41] {Threei}  just no shakeout please

[11:43] {dino} apol sm l .50

[11:43] {Threei}  ugh

[11:44] {Threei}  (US) House bill to grant FDA the power to regulate tobacco gains sufficient votes to pass (related RAI )

[11:49] {jfjf64} big shakout

[11:50] {ese} still long drys .02.....du du du du du.......dum dum dum dum dum......use them boots on everything vad

[11:50] {nemo} do do do da da da is all I want to say to you...

[11:52] {Threei}  market is in coma

[11:53] {nemo} PPT @ 3

[11:53] {dino} da da da uhuh uhuh

[11:55] {Threei}  wow

[11:55] {Threei}  http://rawstory.com/08/news/2009/06/11/us-house-to-debate-ron-pauls-audit-the-fed-bill/

[11:55] {Threei}  can it really move forward?

[11:57] {Threei}  Prez on TV in case you missed him

[11:57] {nemo} not in any useable form

[11:58] {nemo} Power doesn't give up power

[12:04] {pita} gotta go, good wknd all, cu Monday

[12:05] {Threei}  take care pita, have a good one

[12:06] {jfjf64} vad  ya  lk  break sqnm .95

[12:06] {nemo} breakouts during lunchtime?

[12:07] {jfjf64} thanks  nemo

[12:07] {nemo} just a caution with the market in a coma, you've got that resistance just below 5

[12:08] {dino} apol stopped -.27

06[12:09] * nemo slaps vinod around a bit with a large Legal Seafoods Broiled Salmon

[12:10] {dino} shld sm l .00

[12:10] {ese} stillllllllllll long drys .02.......my goodness.....this is redefining slugish market

[12:11] {jfjf64} think we sd all go  to happy  hour

[12:11] {nemo} started with lunch

[12:12] {patience} not my type of market....no trade is a good trade for me right now

[12:13] {ese} beginning to think that patience

[12:13] {patience} did one trade this week, lost $150.   first loss in months....oh well....have to live the odds

[12:13] {Threei}  what did wake up PALM?

[12:16] {Threei}  FITB is back to highs

[12:16] {ese} same with bac

[12:17] {ese} .69 was high for bac.........now at .81

[12:17] {dino} same here last two days

[12:17] {ese} you were high the last 2 days dino?

[12:17] {nemo} ese!

[12:17] {nemo} musicians

[12:17] {ese} ahhhhhh  just askin

[12:18] {dino} lol, no market wierd last two days, trades not working as well

06[12:18] * nemo slaps ese around a bit with a large copy of Alla Fortuna

[12:18] {ese} needed that

[12:19] {nemo} first time I heard that was in that late 70's movie "Excalibur"  had to get it...

[12:19] {ese} i remember that........that was a good movie

[12:22] {nemo} jf, be interesting if SQNM holds new support here

[12:22] {jfjf64} im out too lunch

[12:23] {jfjf64} lol

[12:23] {nemo} so....what's new?

[12:23] {Threei}  PALM...

[12:28] {Threei}  unstoppable thing

[12:32] {nemo} sqnm setting up H&S?

[12:32] {Threei}  hmm?

[12:32] {Threei}  don't see anything like that

[12:32] {Threei}  FITB however...

[12:32] {ese} H&S ?

[12:33] {Threei}  oh sorry

[12:33] {Threei}  yes nemo, read mistakenly and C&H

[12:33] {Threei}  H&S it is

[12:33] {nemo} damn...was hoping I was still psychotic

[12:33] {Threei}  FITB forms very tight consolidation at the high

[12:34] {ese} palm is a bit of a wow.......thats pretty much the most it's moved in years

[12:34] {Threei}  sorry for ruining it for you nemo... now you'll have to live in reality, because of me :(

[12:34] {nemo} crosses to bear

[12:35] {Threei}  fairly reflects its position in industry ese... its former forte, pocket computers, pretty much died on them

[12:35] {Threei}  entry in new market got interest again

[12:35] {nemo} there goes fitb

[12:35] {Threei}  yeah

[12:35] {ese} whats the new market.....i don't think i know

[12:35] {Threei}  smart phones

[12:36] {nemo} mobile computing

[12:36] {ese} ahh......iphone type thing

[12:41] {Threei}  solid pullback PALM

[12:43] {ese} Ok all have to beg your leave.......am heading to dp's neck of the woods tomorrow....the Vic High band has a show at the Sheraton Wall Center in Vancouver for the BCMA(British Columbia Medical Assoc).....it's looking like the Premier of the province is going to be there

[12:43] {Threei}  have fun ese

[12:43] {Threei}  say hello to Premier

[12:43] {Threei}  and to dp

[12:43] {ese} tks vad......take care everyone have a great weekend

[12:43] {ese} will do

[12:44] {dino} pru sm l .00

[12:44] {dino} cya es

[12:45] {Threei}  .21 PALM for scalp if stays above .15

[12:47] {nemo} too fast

[12:47] {Threei}  come on

[12:47] {Threei}  1:1

[12:47] {nemo} broke through .21 fast, I'm terrible at the fast ones

[12:48] {Threei}  why broke?

[12:48] {Threei}  .21 itself was trigger

[12:48] {nemo} yeah, went fast

[13:01] {fernp} have a good weekend everybody. see u on monday

[13:01] {Threei}  take care fern, have a great one

[13:12] {dino} cbt

[13:15] {jfjf64} s cof .73 trigger

[13:16] {dino} cbt sm l .73

[13:16] {jfjf64} in

[13:18] {jfjf64} ouch

[13:18] {jfjf64} not wkin today

[13:18] {nemo} bounce from long drop

[13:19] {nemo} you were hot yesterday

[13:19] {jfjf64} correct  play s .89

[13:22] {jfjf64} thats awrap  for  me  my  friends    great  week  ty  see ya monday         thanks  vad

[13:23] {dino} cya jf

[13:23] {Threei}  good to hear jf

[13:23] {Threei}  congratulations, have a good weekends

[13:23] {Threei}  -s

[13:25] {jfjf64} takin  my  son  mets  yankee gm   suday   lookin  forward

[13:30] {dino} cool

[13:30] {nemo} BoSox B..slapped the Yanks this week :)

[13:31] {nemo} svnt looks like a flat ekg on the 5 minute

[13:31] {Threei}  lol

[13:49] {Threei}  came alive eh?

[13:50] {nemo} what? 

[13:50] {nemo} oh yeah

[13:53] {dino} ipcs drop

[13:55] {dino} shld stop to .30

[13:55] {dino} pnra to flat

[13:55] {nemo} what about pru?

[13:55] {dino} pru to flat

[13:55] {nemo} hehehe

[13:55] {dino} out shld +.30

[13:56] {vinod} a lazy Friday 

[13:56] {nemo} Summer Friday

[13:57] {vinod} I took3 hours off and it is same

[13:57] {dino} ipcs brutal

[13:57] {Threei}  was quite tempted by that SVNT consolidation but decided Fri afternoon is not a good time for this kinf od trade

[13:58] {Threei}  oh well

[13:59] {vinod} there is always next week and market is going no where from us

[14:00] {vinod} i consider a winner because i am not losing this week

[14:01] {dino} gj vin

[14:03] {vinod} you guys still holding CPST I added 2k today at 1.15 plus yesterday's 1k at 1.23

[14:03] {dino} stopped pnra .05, +.05

[14:04] {Threei}  not here vinod

[14:04] {vinod} o.k thanks

[14:04] {vinod} I will dump them now

[14:05] {dino} out pru .10, +.10

[14:05] {Threei}  watching PALM for possible C&H

[14:05] {Threei}  .50 being rim

[14:05] {dino} gambling thoughts on ipcs?

[14:06] {nemo} watch for volume spike

[14:06] {nemo} friday scalp day

[14:06] {nemo} Summer

[14:06] {nemo} oops...there I go, thinking again

[14:08] {Threei}  feels like one more shrp dive at least

[14:08] {nemo} no solid support until .65

[14:08] {Threei}  Treasury Dept official: announcements of managers for the $500B PPIP will be made "very shortly"

[14:09] {nemo} Plunge Protection Insurance Panel?

[14:09] {Threei}  handle start forming, PALM

[14:10] {nemo} ipcs looks liked it bounced off support a couple of minutes ago

[14:11] {dino} public/private invest partnership

[14:12] {dptl} have a good weekend all

[14:12] {Threei}  take care dp

[14:13] {dino} cya dp

[14:20] {Threei}  PALM 1:1

[14:24] {vinod} out .61 Palm

[14:24] {Threei}  lunch money

[14:25] {Threei}  in more ways than one, lol

[14:25] {vinod} yes ty-vad

[14:25] {Threei}  sure

[14:25] {Threei}  clean case of "beauty of scalping"

[14:26] {nemo} you pesky scalper

[14:26] {Threei}  grabbed something that showed setup, got out when it stopped moving in your favor

[14:26] {Threei}  foergot all about it

[14:26] {vinod} also out all CPST 1.23

[14:26] {Threei}  and became a few bucks richer in the process

[14:33] {vinod} nemo-your gut feeling about PPT today?

[14:34] {nemo} no interference today

[14:36] {Threei}  why?

[14:36] {nemo} IPCS is pulling a CNQR Dino

[14:36] {nemo} voices in my head

[14:37] {nemo} they're telling me to go clean my guns

[14:37] {dino} stuck, yes

[14:37] {dino} rbcn

[14:37] {dino} thin

[14:40] {dino} pru l .25

[14:45] {Threei}  (IA) Iranian Election results reportedly show 65% of vote goes to Mousavi - Mousavi aide

[14:45] {Threei}  - Mousavi is seen as more open to the West than the more hard-line Amedinajad (related USO OIH USD/KRW TLT SHY EUR/USD USD/CHF USD/JPY )

[14:46] {Threei}  this is probably what propped the market

[14:47] {nemo} see the story on HIG issueing stock?

[14:49] {Threei}  6:45 am

[14:49] {Threei}  Friday, June 12, 2009 6:45:13 AM

[14:49] {Threei}  The Hartford Financial Services Group Inc Plans to offer $750M in common shares (about 16.4% of market cap)

[14:49] {Threei}  - Co has commenced a discretionary equity issuance plan pursuant to which it will offer shares of its common stock from time to time for aggregate sales proceeds of up to $750M

[14:49] {Threei}  - In addition, the company announced today that it would participate in the U.S. Treasurys Capital Purchase Program (CPP), subject to completion of documentation with the U.S. Treasury.

[14:49] {Threei}  - The Hartford received notice of preliminary approval to participate in CPP on May 14, in the amount of approximately $3.4B.

[14:49] {Threei}  and 13 seconds...

[14:50] {nemo} 6:45 your time or my time

[14:50] {Threei}  ESTY

[14:50] {Threei}  EST

[14:50] {nemo} EDT

[14:50] {Threei}  all times I post are always NY

[14:50] {Threei}  in fact, my trading computer is set to NY time

[14:59] {Threei}  (IA) CNBC: Ahmadinejad also claiming victory in Iranian election (related USO OIH )

[14:59] {Threei}  lol

[15:01] {nemo} Vad look at TNDM and the volume numbers around that spike please

[15:02] {Threei}  14:42 spike you mean?

[15:02] {nemo} yessur

[15:02] {Threei}  okay

[15:02] {Threei}  what am I looking at?

[15:02] {nemo} I'm trying to understand that move

[15:03] {Threei}  break of resistance after long consolidation, spike...

[15:03] {Threei}  what to understand? :)

[15:03] {nemo} The volume numbers around that spike, barely moves on 14k volume minute before, goes up on 4k volume .20 cents

[15:03] {Threei}  aahhhhh

[15:03] {Threei}  I see what you mean,

[15:03] {nemo} not as dumb as I look

[15:04] {Threei}  volume spike preceeds price spike by bar or two, right?

[15:04] {nemo} 1 bar and the .20 cent jump on 1/4th the volume

[15:04] {Threei}  lord, give me power to refrain from "nah, still dumb"... I don't want to be rude but he just walked into that one

[15:04] {nemo} I'm using LASER

[15:04] {nemo} Not "as dumb"

[15:05] {Threei}  OK, this is good observation,

[15:05] {Threei}  and here is exp[lanation:

06[15:05] * nemo ducking

[15:05] {Threei}  there was huge resistance,

[15:05] {Threei}  a lot of shares offered

[15:05] {Threei}  and all that long consolidation was slow churning of those shares,

[15:05] {Threei}  digesting so top speak.

[15:05] {Threei}  What happened next was

[15:06] {Threei}  strong buying pressure concentrated in a single moment (bar on your 1 min chart) took out all those shares

[15:06] {Threei}  breaking resistance

[15:06] {Threei}  and as sell order got lifted

[15:06] {Threei}  stock moved up.

[15:07] {nemo} dam broke

[15:07] {Threei}  right

[15:07] {Threei}  There was no however as much buyng enthusiasm after the reak,

[15:07] {Threei}  just enough for short-lived spike

[15:07] {Threei}  so volume returned to normal,

[15:07] {Threei}  but absence of sellers allowed for easy price movement

[15:07] {nemo} can see the tails on the preceding candles all were at the same height, once that candle closed above those tails..boom

[15:07] {Threei}  so what you get in such cases is

[15:08] {Threei}  volume spike preceeding price movement

[15:08] {Threei}  which signifies taking out huige sale order

[15:08] {Threei}  then price spike as there is no additional selling pressure

[15:08] {nemo} which is a play you look for

[15:08] {Threei}  and both, price and volume p[retty much return to bormal pattern

[15:09] {Threei}  sure, that's the idea of all breakout plays

[15:09] {Threei}  look at that SVNT break

[15:09] {Threei}  look at that PALM break that we played

[15:10] {Threei}  you will see pretty much the same thing, with insignifcant variations

[15:11] {dino} esi sm l .00

[15:14] {magoo} vad...mkts rot or rip?

[15:14] {nemo} alright, maybe I am as dumb as I look

[15:15] {Threei}  neither mags

[15:15] {nemo} yeah, FLAT FRIDAY

[15:15] {Threei}  ummm... bow did you arrive to that concluision nemo?

[15:15] {nemo} I arrived earlier...voices in my head

[15:15] {nemo} remember

[15:15] {Threei}  ah

[15:17] {_grasshopper} you guys are funny 

[15:18] {_grasshopper} looking.........................................:)

[15:18] {_grasshopper} joking of course

[15:18] {nemo} mmmmmhhhhh....polite and with manners....definite newbie

[15:18] {dino} lol

[15:19] {_grasshopper} not for long

[15:19] {Threei}  grasshopper... anyone who thinks highly of our sense of humor should be very alarmed

[15:19] {nemo} seek help

[15:19] {dino} sorry about the voices nemo, i'll turn radio down

[15:19] {_grasshopper} I will go right now fellas

[15:20] {nemo} interesting, use of two male references...mmmhhhh

[15:20] {nemo} nice on esi dino

[15:21] {nemo} taargeting resistance just under .50?

[15:21] {nemo} one "a" sorry

[15:22] {dino} want it to go thru, but....will not let it slip away

[15:22] {nemo} yeah, last call

[15:27] {dino} .40 wall

[15:28] {nemo} discretion is the better part of valor

[15:28] {nemo} unless you're betting on the PPT

[15:31] {dino} out esi .40, +.40

[15:31] {dino} discipline trumps conviction i prefer

[15:32] {Threei}  {PPT} I am myth

[15:33] {dino} not in the bond markets for sure

[15:33] {Threei}  that's political domain

[15:34] {nemo} caught that spike Dino

[15:34] {dino} yes was laying out

[15:35] {nemo} trading gods were watching over you on that one

[15:36] {dino} certain stocks i lay out on as personalities dictate

[15:44] {dino} cbt stopped .75, +.02

[15:44] {nemo} gonna' give me any hints grasshopper?

[15:45] {vinod} have a nice weekend to all

[15:45] {nemo} by Vinod

[15:45] {nemo} bye

[15:46] {Threei}  take care vinod

[15:47] {_grasshopper} nope 

[15:47] {_grasshopper} keep you in suspense Nemo 

[15:47] {_grasshopper} :)

[15:48] {Threei}  you are killing him grasshopper

[15:48] {Threei}  I applaud

[15:48] {_grasshopper} thanks Vad

[15:49] {Threei}  trying to decide, dump the balance ALTI or carry over weekend

[15:50] {_grasshopper} but wars can start on weekend can't they???

[15:50] {_grasshopper} isn't that why traders don't?

[15:50] {Threei}  easy

[15:50] {_grasshopper} a friend of mine who is a broker told me that one

[15:50] {Threei}  yeah, I guess one overnight was enough for ALTI

[15:50] {Threei}  worked nicely

[15:54] {Threei}  mags... looks like I was correct

[15:56] {dino} out cnqr .-01

[15:57] {Threei}  okay guys

[15:57] {Threei}  thank you all

[15:57] {Threei}  have a great weekend

[15:57] {Threei}  see you on Monday

[15:57] {nemo} hehehehehe

[15:57] {dino} cya

[15:59] {dino} out pru .16 -.09

[16:02] {dino} thx all, good times

[16:02] {nemo} Ahmadinejad lost

[16:02] {nemo} little better day today Dino

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