RealityTrader Trading Log

Wednesday, February 24, 2010

Feb 24 2010

Nice day with one stop and quite a few wins. Started with SQNM long, continued with bigger win on AIG long, then short etc... second half of the day was as it becomes customary - frozen solid.

Session Time: Wed Feb 24 00:00:00 2010

[07:49] {Threei} February 23, 2010 11:05:53 PM
[07:49] {Threei} Toyota Motor Corp Company's USA unit President Lentz: Recalls may not "totally" solve problems of unintended acceleration (update) - press
[07:49] {Threei} - Told US House Energy and Commerce Committee: "We are vigilant and we continue to look for potential causes."
[07:52] {Threei} Yesterday 16:14 STEC Reports Q4 $0.51 v $0.51e, R$106M v $102Me
[07:52] {Threei} - Guides Q1 EPS -$0.13 to -$0.11 v $0.26e, R$33-35M v $75Me (unclear if comparable)
[08:25] {Threei} GR) Germany reiterates prior comments that Greece must solve its own budget issues
[08:25] {nemo} market took quite a pop after 4:00 yesterday
[08:28] {Threei} had to leave, didn't watch
[08:28] {Threei} just because?
[08:28] {Threei} or there was some news development?
[08:29] {Threei} with latest from Toyota I can't believe it's not -5
[08:34] {nemo} no news that I saw, but as soon as the market closed Nas and spy went back to the afternoon highs
[08:43] {dino} gm all, about 12" of snow and 15 more coming tomorrow
[08:43] {Threei} dino :)
[08:43] {Threei} yikes
[08:44] {Threei} you guys really take it on the chin this winter
[08:44] {dino} most winters
[08:45] {Threei} guess the source of the quote:
[08:45] {Threei} Fortune turned against us and brought confusion to all we did. Greed destroyed honor, honesty and every other virtue, and taught men to be arrogant and cruel, to neglect the gods. Ambition made men false. Rome changed: A government which had once surpassed all others in justice and excellence now became cruel and unbearable.
[08:46] {Les} ouch dino, some sun and 52F here!
[08:46] {Les} cicero Vad?
[08:46] {Threei} fall of the constitutional Roman Republic and the rise of Julius Caesar, historian Sallust at the time
[08:46] {Les} good morning :)
[08:46] {Threei} les :)
[08:47] {dino} lucky dog les, but they are saying 40s next week
[08:47] {Les} cruel and unbearable is definition of low volatility. Give me some VIX today!
[08:48] {Threei} STEC looks to be a traders toy for today
[08:48] {dino} bad report
[08:49] {Threei} earnings were bearable, guidance is poor
[08:50] {dino} hrb, stec, slxp, dltr, w/fdo off it
[08:51] {dino} rig too
[08:51] {Threei} (SZ) Swiss Gov to send agreement with US IRS in regards to UBS to Parliment for approval
[08:51] {Threei} - Earlier it was reported that the Swiss gov was seeking to bill UBS for charges related to tax dispute with the US gov
[08:52] {ese} morning
[08:52] {Les} hi ese
[08:52] {Threei} ese :)
[08:52] {Les} dino, that your list for the day?
[08:53] {Les} or STEC sympathy plays?
[08:53] {dino} that plus usuals
[08:54] {dino} will add as scanner dictates
[08:57] {Les} ok thanks
[08:58] {Les} FCX at yesterday's low
[08:58] {nemo} gold down too
[08:58] {Threei} and TM is up - oh the irony
[08:59] {Les} yeh I'm waiting to see what TM does at opening
[08:59] {Les} mindful of Bill's suggestion that if FCX goes, so do the rest of the miners
[09:00] {Les} sub 15$ stocks would be fun to short
[09:00] {Threei} after admitting that they essentially are not even sure of the reasion for acceleration, thus fix may not fix anything, you'd expect it to be trading at 65 by now
[09:03] {fernp} Good morning everybody
[09:03] {Threei} fern :)
[09:03] {nemo} I'll agree with "morning"
[09:05] {dino} on tm, vad i think if it was f or gm, it would fall like a stone, but seems people just luv their toys
[09:05] {Threei} greetings must vary depoending of geographic location this winter fer... east coasters are grumpy :)
[09:05] {Threei} true dino
[09:06] {ese} little excessive for
[09:07] {dino} 30m vs est 60m or so es
[09:08] {Les} Wondering if TM is insufficiently traded by general public in US to aid in the panic selling?
[09:10] {ese} vad...where do you route most of your orders
[09:10] {Threei} ISLD
[09:11] {ese} can i ask why?
[09:12] {Threei} very fast, very liquid, algoythm used in Laser guarantees hitting all other participants if not enough shares on ISLD itself
[09:13] {nemo} is that the Nasdaq route?
[09:13] {Les} GRMN active premarket
[09:13] {Threei} yes nemo
[09:14] {nemo} Phewwww
[09:14] {Threei} it's Laser's euphemism for what used to be two ECNs, ISLD andf INET, now merged
[09:16] {larisa} gm :)
[09:16] {Threei} larisa :)
[09:16] {nemo} lari :)
[09:16] {larisa} vad, nemo :)
[09:17] {ese} tks
[09:20] {lasertrev} morning all
[09:20] {fernp} gm trev
[09:20] {Threei} trev :)
[09:20] {_jfjf64} mornin my friends
[09:20] {ese} island INET now
[09:21] {Threei} jf :)
[09:21] {Threei} they merged ese
[09:21] {Threei} diuff brojers have diff symbols for the resulting ECN
[09:21] {Threei} some continue calling it ISLD, some - INET, some give it third names
[09:21] {ese} ahhhhhhhh
[09:25] {Threei} let's wait out first minutes volaility in STEC
[09:25] {Threei} then see if we get clean setup
[09:25] {Threei} (PD) Polish Dept Fin Min Kotecki: Poland will most likely join the Euro Zone in 2015 - TV interview
[09:26] {Threei} O'd add: providing there is still what to join by then
[09:26] {Threei} PD) Poland Dep Fin Min: No target date set to enter the Euro
[09:26] {Threei} lol
[09:29] {Threei} 9.65 premarket resistance STEC
[09:32] {Threei} Short Setup: TM .35 half lot - IF stays under .50
[09:32] {billyc} gm all
[09:32] {Threei} billy :)
[09:32] {Threei} TM invalidated
[09:33] {Threei} STEC, let's see if we get pullback
[09:33] {Threei} closer to .60 would be nice
[09:35] {dino} hsii sm l .35
[09:35] {dino} thin
[09:35] {nemo} recruiters
[09:35] {Threei} (GR) Former ECB economist Issing: ECB will not buy up Greek debt (related SOVRX BUNDS EUR/USD )
[09:36] {Threei} Long Setup: SQNM 6.14 if stays above .05
[09:37] {nemo} 72.50 area important resistance for fas
[09:38] {dino} wcg sm l .75
[09:38] {Threei} (GR) EU's Van Rompuy: Will show "solidarity" with Greece if necessary
[09:38] {nemo} huh...the jokes
[09:38] {Threei} STEC inbetween setups all the time, can't catch right entry
[09:39] {dino} wanted high 8s on stec
[09:39] {dino} not happening
[09:40] {ese} pulback on sqnm ok vad
[09:40] {Threei} yes... you missed trigger?
[09:41] {ese} yes
[09:41] {Threei} here it is
[09:41] {ese} tks
[09:41] {ese} in .16
[09:42] {Threei} SQNM Hearing positive mention at Stansberry Research (timing uncertain) (6.05, +0.34, 5.95%)
[09:43] {Threei} 6.20 break should give 1:1 in a hurry
[09:43] {Les} scalp or partial?
[09:43] {Threei} partial for me
[09:43] {Threei} daily is clear for qwuite a while
[09:43] {Threei} SQNM 1:1 half out
[09:43] {nemo} out
[09:43] {nemo} ty
[09:44] {Threei} yw
[09:44] {_jfjf64} ty
[09:44] {Threei} yw
[09:44] {_jfjf64} sqnm
[09:44] {ese} out .22
[09:44] {Threei} stop for the balance to under .10
[09:45] {Threei} next trail to under .15 when breaks .25
[09:45] {Threei} (US) Sen (D) Dodd: Expects to see a bipartisan agreement on bank regulation bill soon; can not give specifics
[09:45] {nemo} it'll be toilet paper
[09:45] {Threei} trail to under .15
[09:45] {Threei} no losde territory
[09:45] {Threei} no lose
[09:46] {Les} STEC playing with 10 as resistance
[09:47] {Threei} went for it?
[09:47] {Threei} was good break
[09:47] {Les} been partialling in
[09:47] {Les} l .04
[09:47] {Les} wanna play dino's game today
[09:47] {Threei} start partialing out then
[09:47] {Threei} sharp spike
[09:48] {Threei} this is a bit different stock than dino
[09:48] {Threei} 's usual variety
[09:49] {Les} only small shares. all out .15. will try new setup
[09:49] {_jfjf64} you lk this pullback stec
[09:50] {Threei} not yet
[09:51] {Les} ty for spike call Vad. Something I don't clue in on frequently enough
[09:51] {Threei} tide is changing, IMO
[09:51] {Threei} pullback should be deeper now
[09:51] {Threei} too many piled up too fasdt, shakeout is in order
[09:52] {Threei} I'd expect drop to 9.80 at least
[09:54] {Threei} Short Setup: STEC 10 break
[09:54] {Threei} if stays under 10.10
[09:55] {dino} cfi
[10:00] {Threei} US) JAN NEW HOME SALES: 309K V 354KE (-11.2% M/M)
[10:00] {Threei} yikes
[10:00] {Threei} US) Treasury Sec Geithner: Gov needs power to break apart failing fimrs - Congressional testimony
[10:00] {Threei} US) Fed Chairman Bernanke: Fed will need to begin tightening at some point, reiterates key rate to remain where it is for "extended period" - Congressional testimony
[10:01] {Threei} no go STEC
[10:01] {dino} they aren't tightening w/unemployment and housing the way they are
[10:02] {Threei} - US is in a nascent economic recovery.
[10:02] {Threei} - Inflation concerns remain subdued.
[10:02] {Threei} - Labor market slack have reduced wage pressure.
[10:02] {Threei} - Supports legislation that would identify firms using Fed facilities.
[10:03] {dino} sm l clw .57
[10:04] {nemo} another rorschach test
[10:11] {dino} random dancing again
[10:12] {Threei} VPHM..
[10:13] {Threei} weirdo
[10:13] {Threei} before open:
[10:13] {Threei} ViroPharma Incorporated Reports Q4 $0.15 v $0.24e, R$88M v $82Me
[10:13] {Threei} - Guides 2010 net Cinryze sales in the range of $150-175M (Guided 2010 net Cinryze sales in range of $145-165M on 01/11)
[10:13] {Les} out STEC .49 +.34 except for 100 shares
[10:13] {nemo} wfmi looks to have bottomed, pullback between in the .50 area would be ideal
[10:14] {Threei} wtg les
[10:14] {fernp} SBUX breakdown .75, Vad?
[10:14] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 10:30ET
[10:14] {Threei} **consensus expectations:
[10:14] {Threei} Crude: +2Me
[10:14] {Threei} Gasoline: +500Ke
[10:14] {Threei} Distillate: -1.7Me
[10:14] {Les} ty. risky given your pull back outlook, but when that didn't materialise I took the risk
[10:15] {Threei} if sdtays under .80 fern
[10:15] {fernp} ok
[10:15] {Threei} that's sound approach les
[10:15] {Threei} one direction is invalidated, fading it is valid in many cases
[10:15] {Les} cool
[10:16] {Threei} AIG
[10:16] {Les} FCX red
[10:16] {Threei} very risky one, for experienced momo players, .60 long
[10:17] {_jfjf64} 27.60 huge level yest
[10:17] {Threei} over 1:1
[10:17] {_jfjf64} grrrrrrrrrrrrr
[10:17] {Les} closed stec .35. pullback time
[10:18] {Threei} 1:2
[10:18] {Threei} out
[10:18] {Threei} adrenalin play
[10:18] {fernp} AA short .10, Vad?
[10:18] {nemo} dino, ask magoo if he played it
[10:19] {dino} not here, mr snowplow
[10:19] {Threei} not sure fern
[10:19] {_jfjf64} gj i was late to dance grrrrrrrrrrrrrr
[10:19] {nemo} sung to the tune of "Mr. Postman"
[10:19] {fernp} ty
[10:19] {Threei} that was pure magooski play
[10:19] {dino} lol
[10:19] {Threei} you are out of shape jf
[10:20] {Threei} will take couple weeks
[10:20] {nemo} I think I' automatically get a restraining order if Magoo were my postman
[10:20] {_jfjf64} yes
[10:20] {Threei} VPHM - grrr
[10:20] {Les} can you get restraining orders against your postman?
[10:20] {nemo} why not?
[10:20] {Threei} spotted it on 11 break and didn't have faith
[10:21] {Les} s SLW .62 play on FCX dropping
[10:22] {Les} stop .75. yesterday's close, 200 & 50 dog pile
[10:24] {Threei} wow AIG
[10:25] {dino} swm sm l .55
[10:25] {Threei} I tend to underestimate this animal lately
[10:25] {nemo} it came back in play last week
[10:25] {ese} L brcm .27
[10:25] {dino} veco
[10:27] {ese} out 1/2 .34 balance to break even
[10:27] {_jfjf64} nice wk ese
[10:28] {ese} tks
[10:28] {Threei} and what amazes me, he is not even a little bit ashamed
[10:29] {Les} vphm pullback play?
[10:29] {ese} i'm trying to get into your method vad of selling 1/2 letting other 1/2 ride
[10:29] {Threei} can't tell Les
[10:29] {Threei} it has no rythm
[10:29] {ese} and just fooooogetabouuudit!
[10:30] {Les} ok
[10:30] {Threei} you may have picked nopt the best time for that ese
[10:30] {Threei} that routine is great for trending markets
[10:30] {Threei} but we have chop chop right now
[10:30] {Threei} DOE CRUDE: +3.03M V +2ME; GASOLINE: -895K V +500KE; DISTILLATE: -590K V -1.7ME; UTILIZATION: 81.17% V 80%E
[10:30] {Threei} - Distillate demand -125K bpd to 3.66M bpd
[10:30] {Threei} - Gasoline demand +540K bpd at 9.06M bpd
[10:30] {Threei} ...more... (related USO OIH )
[10:30] {ese} hmmmmmmmm
[10:31] {ese} ok tks
[10:31] {ese} and as we speak....just stoped even on remaining 1/2
[10:33] {Les} fcx
[10:33] {Les} sorry
[10:35] {_jfjf64} adsk any read
[10:36] {Threei} breask worth a try
[10:36] {Threei} break
[10:36] {Threei} half lot
[10:37] {Les} AIG
[10:41] {_jfjf64} db sqnm
[10:41] {Threei} SEC's Casey: Will vote 'no' in the upcoming proposed short sale rule vote
[10:41] {Threei} - Note: some recommended aspects of the proposals include restrictions on short sales of a stock once it falls 10% from previous day close; then short sellers could only perform shor t sales for stock price above the best bid
[10:41] {Threei} - Reminder:earlier SEC Chairman Mary Shapiro said the new rule "strikes the right balance"; SEC's Paredes has reportedly expressed concerns; feels benefits do not outweigh costs
[10:43] {nemo} dollar down big
[10:43] {Les} and Congress will ignore SEC's recommendations. It's get tough for voters year
[10:43] {Threei} feel free to take scalp ADSK
[10:44] {Threei} 1:1
[10:44] {Threei} US) Fed's Bernanke: Not expecting any sovereign downgrade of US debt - congressional testimony
[10:44] {_jfjf64} ty
[10:45] {nemo} they didn't expect mortgages to blow up either
[10:45] {Threei} I hope we are not going to list everything they didn't expect... 'cause I don't have that much of my life left
[10:45] {nemo} spanish inquisition?
[10:46] {Threei} wow... wehat's this spike is about?
[10:47] {_jfjf64} ??
[10:47] {dino} where else is your money safer than us
[10:47] {Threei} - current budget path is not sustainable given CBO projections; bond markets could get worried and drive up rates.
[10:47] {dino} flight to safety right now
[10:47] {Threei} ummm.. Euro?
[10:47] {ese} nice move by brcm
[10:47] {dino} not the euro
[10:47] {Threei} US Senate approves $15B jobs package; now moves to House
[10:47] {Threei} - Vote: 70-28
[10:48] {nemo} hen why the $ down
[10:48] {dino} canada maybe but us is reserve currency
[10:48] {nemo} lipstick on a pig
[10:48] {Threei} that was very tongue in cheek, dino
[10:48] {dino} overall its up this year nemo., euro is crashing
[10:48] {Threei} as I stated not once, I don't think Euro will be around withion 10 years
[10:49] {dino} nor i
[10:49] {nemo} wow X!
[10:49] {Les} out AIG +.15
[10:49] {dino} gj
[10:49] {Les} yeh fcx and slw too. commodities rebound
[10:50] {ese} vad could you let know what you think about the 28.20 level for adsk
[10:50] {ese} long
[10:50] {ese} bumped off it 3x's already
[10:50] {Threei} totally market dependent ese
[10:51] {ese} tks
[10:51] {Threei} if market continues to climb, it will break
[10:51] {ese} nice aig les
[10:51] {Threei} 28 break I liked much more
[10:51] {nemo} so, we've more than retraced yesterday already...sheesh
[10:51] {Les} too many grey hairs playing with aig ese. won't do it again
[10:51] {_jfjf64} .95 much more lokl
[10:52] {ese} l adsk .21
[10:53] {_jfjf64} yea ese
[10:54] {ese} out adks .28
[10:54] {ese} 5k like that works
[10:55] {Les} aah but if you want to eat well in Italy ese, you'll need that pocketmoney
[10:55] {dino} gj es
[10:55] {_jfjf64} lotofthat
[10:56] {dino} out hsii .33, +.98
[10:56] {Threei} ese mastered fine art of scalp type I to perfection
[10:56] {ese} ya true......bette take more risk
[10:56] {nemo} god bless ya' dino
[10:56] {Threei} dinio meanwhile continues hios indecent eays
[10:56] {Threei} ways
[10:56] {dino} you get it nemo?
[10:56] {nemo} not that thin a stock, thank you
[10:56] {_jfjf64} dino the monster
[10:57] {_jfjf64} gj
[10:57] {dino} i prefer, "dino the dog", lol
[10:57] {dino} thx\
[10:57] {nemo} dinosaur is more appropos
[10:58] {Threei} .short aig .30 break half lot
[10:58] {Threei} Short Setup: AIG .30 break half lot
[10:59] {dino} les, fwiw, that was a yesterday capit, that i left on watch screen for today.
[11:00] {Threei} stop above .40 for scalpers, .45 for day traders
[11:00] {Threei} PALM Strength attributed to rumor that PALM may be discussing partnership for tablet PC with a major partner
[11:00] {Threei} - Nokia and Intel rumored as potential partners
[11:01] {Threei} not much of strength in PALM
[11:02] {Threei} 1:1 AIG
[11:02] {Les} ty vad +.10 aig
[11:02] {Threei} Treasury's Geithner: need financial reform as quickly as possible to end uncertainty - House panel Q&A
[11:02] {Threei} - says the TARP has outlived its basic usefulness
[11:02] {_jfjf64} ty
[11:02] {Threei} welcome
[11:02] {Les} should have payed attention dino
[11:03] {Les} not the first time that I've seen your play rebound well from a pivot support
[11:03] {ese} speaking of dino the dog....thoughts to ponder "If a baby pig is a piglet? Is a baby bull a bullet"
[11:03] {dino} hmmmm
[11:03] {Les} jeez your band members gonna throw you off the bus with one liners like that
[11:03] {Threei} whose baby is bidet then?
[11:04] {nemo} market showing bull flags
[11:04] {nemo} aig might be long break .30
[11:04] {nemo} huge order
[11:04] {nemo} offer
[11:04] {Threei} SEC will reportedly vote 3-2 on short sale rules
[11:04] {Threei} imbeciles
[11:05] {nemo} so what...if a stock drops 10% then it kicks in, and you have to bid a penny higher
[11:05] {nemo} it's political show
[11:05] {Threei} offer
[11:05] {nemo} offer what
[11:05] {Threei} you will have to offer, not bid
[11:06] {Threei} you effectively lose the ability to hit the bid - you have to offer a penny above the existing bid
[11:06] {Les} talk about screwing the brokers around. they have to program that rule into their comps?
[11:06] {dino} i agree, with computer trading its a non-issue
[11:06] {Threei} Laser had that fior ages
[11:07] {Threei} back then when uptick rule was common
[11:07] {nemo} watching .30 level aig
[11:07] {Threei} you wanted to short something at let's say .20,
[11:07] {dino} cyber too, it did not matter, enter your order and it fills anyway
[11:07] {Threei} and were willing to chase down to .15,
[11:07] {Threei} you'd sent your sell order at .15
[11:08] {Threei} software seeing bid on downtick would have offered your shares at .21
[11:08] {Threei} and chased bid down to .15 as it downticked
[11:08] {Threei} filling you as soon as someone hit the offer
[11:09] {Les} ok. so not such a big deal then?
[11:09] {dino} it means nothing les w/millions trading. its political, we went after evil shorts
[11:10] {Threei} totally
[11:10] {Les} dog and pony is it
[11:10] {Threei} it means absolutely nothing, will fix nothing
[11:10] {dino} kangaroo court
[11:10] {nemo} it's just like the banking regulation, political show
[11:10] {Threei} total non-issue
[11:10] {dino} swm stopped -.32
[11:10] {Les} AIG .25 b/d?
[11:11] {Threei} no read
[11:12] {dino} lol bernie just said on banking standards, by years' end
[11:12] {dino} the do nothing obamination continues (glad for the do nothing part)
[11:14] {dino} clh
[11:15] {Les} aig coming back down
[11:15] {nemo} moving w/market...find high beta liquid stocks moving with the market
[11:16] {dino} dy? big miss, up
[11:17] {dino} break of .50 s imo
[11:18] {Les} vix isn't higher yet trades better today. what's the vol. vad?
[11:19] {Threei} Market Internals update at 10:30amET
[11:19] {Threei} - NYSE volume 210M shares, about 15% below its three-month average; advancers lead decliners by 1.2:1.
[11:19] {Threei} - NASDAQ volume 485M shares, about 4% above its three-month average; advancers lead decliners by 1.3:1.
[11:19] {Threei} - VIX index +-1.1% to just over 21.00
[11:22] {dino} swm rinsed
[11:25] {Threei} BRCD Hearing takeover chatter circulating (5.53, +0.17, 3.17%)
[11:25] {Threei} Toshiba rumored as a potential acquirer
[11:26] {fernp} ,05 break long, FAZ, Vad?
[11:26] {Threei} probably
[11:26] {Threei} 51/49
[11:26] {nemo} faz looks weak to me fern
[11:26] {fernp} ok. ty
[11:29] {Threei} CROX
[11:30] {Threei} Crocs, Inc. US Appeals court reverses ITC ruling against Crocs
[11:30] {Threei} - The Commission also determined that Crocs, Inc. (Crocs) had not satisfied the technical prong of the industry requirement under section 337 for the 789 patent. Because the Commission erred in finding that the prior art taught all of the claimed elements of the 858 patent and incorrectly weighed the secondary considerations, this court reverses the Commissions finding that the 858 patent would have been obvious. Because the Commission also erred in claim construction for the 789 patent, in applying the ordinary observer test for infringement, and in applying the technical prong of the section 337 domestic industry requirement, this court reverses the Commissions determination on the 789 patent.
[11:30] {Threei} Bloom Energy Debuts Advanced Fuel Cell (related FCEL HYGS )
[11:30] {nemo} big offer aig .15
[11:31] {nemo} gone
[11:37] {Threei} CH) US imposes preliminary duty of 12% on Chinese steel pipe
[11:40] {dino} and it starts
[11:41] {nemo} started a while ago...didn't we jack up tariffs on something, then they whacked our chickens, now this
[11:43] {dino} y
[11:44] {larisa} yeah, it was russian steel :)
[11:45] {Threei} lol
[11:48] {dino} lol whacked our chickens
[11:49] {dino} sopranos called in
[11:49] {nemo} thank go they didn't choke them
06[11:50] * Threei slaps nemo around a bit with a large headless deep fried chicken
[11:50] {dino} beer can chicken pretty good
[11:50] {nemo} ?
[11:50] {Threei} one of my favs
[11:51] {nemo} wfmi at end of triangle
[11:51] {dino} go to walmart grill section nemo, little metal beer can holder
[11:51] {Threei} then go to BBQ secvtion, buy bbq
[11:52] {Threei} although I used to make it in oven too
[11:52] {Threei} no smokey flavor, but still pretty good
[11:52] {dino} clh sm l .50
[11:53] {dino} i use oven and outside grill
[11:53] {dino} makes a good chicken, as aurther would say
[11:54] {nemo} may be interesting only to me...
[11:54] {nemo} fas in coma, but rising trendline currently at 73.50
[11:54] {dino} out 09, clh, +.59
[11:55] {Threei} wtg
[11:55] {Threei} don't rely on that much nemo
[11:55] {dino} quicky
[11:55] {Threei} we are in that pattern,
[11:55] {Threei} morning spike, activity everywhere, then stall
[11:55] {dino} dy sm s .49
[11:55] {Threei} market is frozen
[11:55] {dino} bstop .72
[11:55] {Threei} whatever you got in the morning is yopurs, the rest is 50/50
[11:56] {Threei} stops galore
[11:56] {Threei} either wait for a news stock, or for something returning market back to life
[11:56] {Threei} otherwise normal setups are whipsaws
[11:58] {Threei} (EU) ECB's Weber: IMF's suggestion that ECB raise its inflation targer is very dangerous - interview
[11:59] {Threei} IMF: as if we give a sneeze
[11:59] {Threei} so, what have we... 1 stop, right?
[12:00] {Threei} and something like 3-5 wins?
[12:00] {Threei} I kind of lost track today, this market threatening to fall in coma any second sends me in coma
[12:14] {dino} zzzzzzzzzzzzzzz
[12:16] {Threei} I'll second that
[12:17] {nemo} aig sneaking back up
[12:17] {Threei} STEC too
[12:18] {dino} dy bstop to b/e
[12:18] {dino} hrb l .85
[12:22] {dino} dy cov b/e
[12:25] {Threei} MOD Strength attributed to the release of Bloom Energy's fuel cell device today
[12:25] {Threei} - Note that Modine has a licensing arrangement with Bloom Energy for various fuel cell technologies.
[12:25] {Threei} - Bloom's fuel cell tech, which proported to cut energy consumption by as much as 50%, was featured on a broadcast of "60 Minutes" last Sunday.
[12:26] {Les} crap I go out for a drink and I don't come back to big profits
[12:26] {dino} crazy
[12:27] {Les} SLW hasn't resolved itself
[12:28] {Les} very rude to refuse an aperitif in Switzerland...
[12:29] {dino} dltr another leg up
[12:31] {larisa} i wonder if you can trade better after bottle of vodka.. vad can you try and tell us ?
[12:31] {Threei} how do you think I trade all this time?
[12:32] {Threei} [HYGS] Awarded Contract for UNIDO Fuel Cell Powered Boat
[12:32] {larisa} ok, then you need to stop drinking and see if results will be different :)
[12:32] {Threei} - awarded a contract to supply the United Nations Industrial Development Organization (UNIDO) with six HyPMHD8 fuel cell power modules for a boat project coordinated by the International Centre for Hydrogen Energy Technologies (ICHET) in Istanbul, Turkey. Hydrogenics will also supply carbon composite hydrogen storage tanks and components, other auxiliaries and spare parts for two years of operation to ICHET, which is overseeing the integration.
[12:32] {Threei} - This contract follows on the award in 2009 of four HyPMHD12 fuel cell power modules for a passenger boat application ordered by the engineering organization BELBIM A.S. for Istanbul's Municipal Transit Authority, in which UNIDO-ICHET participated as a hydrogen and fuel cell consultant.
[12:32] {Threei} OK... stopping
[12:34] {Threei} Preview: (US) Treasury's $42B 5-year note auction results due just after 1PM ET
[12:34] {Threei} - $42B auction size unchanged from Jan auction.
[12:34] {Threei} - prior bid-to-cover ratio 2.80 with an average of 2.48 over the last 10 auctions.
[12:34] {Threei} - indirect bidders took 53% of competitive bids at last auction with 45.09% allotted at the high.
[12:34] {Threei} - When Issued notes currently yield 2.37% which is roughly 4 basis points higher than the cash market.
[12:36] {dino} watching clh again
[12:36] {dino} dy, too tight on it
[12:39] {dino} cfi into support
[12:44] {dino} giddy-up
[12:45] {dino} cfi sm l .60
[12:46] {Les} ditto here
[12:46] {dino} stop is .37
[12:46] {Les} stop .50
[12:47] {dino} size
[12:47] {dino} ?
[12:47] {Les} very small
[12:47] {dino} why so tight then?
[12:47] {Les} yours? :)
[12:48] {dino} oh brother
[12:48] {Les} cause I'm only willing to hold this latest support levels.
[12:49] {Threei} Fed's Bernanke: Volcker rule could be 'appropriate' under certain circumstances
[12:49] {Threei} - notes the appropriateness of the Volcker rule would occur if there is no prevention of appropriate hedging that cuts risk or impacts liquidity improvements from market making
[12:49] {dino} not going to happen
[12:53] {dino} cfi 1:1 for you les
[12:53] {dino} over
[12:53] {Les} got a fill in at .80
[12:54] {Les} finally, slw breaking down
[12:56] {dino} hsii giving back
[13:00] {Les} stopped cfi
[13:00] {nemo} and then some
[13:01] {Les} that was a little under my stop yes. -20
[13:01] {nemo} drinking slow your reflexes?
[13:02] {Threei} - indirect bidders take 40.3% of competitive bids with 32.83% allotted at the high
[13:02] {Threei} (US) President Obama: US must borrow less, produce more; pay limits should end when bailouts are repaid
[13:02] {Threei} this is wise
[13:02] {Threei} borrow less, produce more
[13:02] {Threei} I am impressed
[13:03] {dino} guess who's on tv
[13:03] {Threei} Fed Chairman Bernanke: Possibility USD could decline if markets lost faith in US fiscal policy, does not see this outcome as very likely
[13:03] {Les} Jean Seberg
[13:03] {nemo} Catherine McCormack
[13:03] {Threei} what is it today, talking stick moves with triple speed?
[13:03] {dino} and mkt drops
[13:03] {dino} cfi stopped
[13:04] {Les} William Wallace
[13:04] {Threei} my favorite part:
[13:04] {dino} guy is the grim reaper to stocks
[13:04] {Threei} IF markets lost faith in US fiscal policy
[13:04] {Threei} IF!
[13:05] {dino} music on, cnbc always on mute
[13:05] {Threei} - Goal is not to punish Wall Street.
[13:05] {Threei} - more crises may occur without a financial overhaul
[13:05] {Threei} you don't say
[13:05] {Threei} keep Fed in charge, and crises will never end
[13:05] {ese} .
[13:06] {Threei} but fear not:
[13:06] {Threei} SNE US Playstation Exec: confident can meet PS3 sales goal of 13M units this year
[13:06] {Threei} there
[13:06] {Threei} {--- going to buy me a playstation
[13:06] {Les} cheap bastards like me that don't want to pay $400. I'll wait one more year
[13:06] {Threei} me be happy
[13:06] {Threei} what, me worry?
[13:06] {Les} PS2 works just fine
[13:07] {Les} you're just a big kid with toys vad
[13:07] {Les} new car
[13:07] {Les} new playstation
[13:07] {Les} what a life :)
[13:07] {Threei} he who dies with most toys, has most fun before dying
[13:08] {Threei} on second though will skip on PS
[13:09] {nemo} Alfred E. Neuman
[13:09] {Threei} not too hot about tv games... and my toy budget is pretty much exhausted, between new camera, two lenses and car
[13:10] {dino} poor guy
[13:11] {nemo} so...vad...we gonna' have to click the "short" box in LII when they implement that rule?
[13:11] {Threei} nah
[13:11] {Threei} just send sell order
[13:11] {Threei} well, that's how it worked before at least
[13:11] {Threei}
[13:12] {dino} only kicks in on a 10% drop, and again, doesn't matter computers will handle it
[13:12] {Threei} yup
[13:13] {Threei} complete non-issue
[13:14] {dino} my advice to you nemo, drink heavily, ans just put your order where you want
[13:21] {dino} out hrb .08, +.23
[13:29] {_jfjf64} did i miss anythin
[13:29] {Threei} yes
[13:29] {Threei} neno snorring
[13:29] {Threei} nemo
[13:29] {_jfjf64} lol
[13:29] {Threei} I am telling you, man... this is Carnegi hall worthy performance
[13:30] {_jfjf64} that good
[13:30] {Threei} accompanying whistle is true art
[13:30] {Threei} and thast funger-drumming on the desk...
[13:32] {ese} L brcm .78 bit of an agressive entry on a pullback anticipating a break of .80with market help
[13:32] {ese} whoops.....oh oh...moved the other way
[13:34] {ese} i've never tried funger drumming to be honest
[13:34] {Threei} you should
[13:34] {ese} i usually play so fast that stuff can't grow on my fingers
[13:40] {nemo} AWIAV?
[13:40] {nemo} I fell asleep
[13:41] {Threei} we know
[13:41] {Threei} we heard
[13:42] {nemo} I have to go out'll be a late one
[13:43] {dino} swm
[13:43] {Les} so you'll be in a great sense of humour tomorrow will you?
[13:43] {nemo} well...might not be here
[13:44] {dino} have fun nemo
[13:44] {Les} oh...
[13:44] {nemo} we're suppose to get a snow storm with hurricane force winds
[13:44] {Les} that's ok
[13:44] {dino} swm sm l .00
[13:44] {nemo} might not have power
[13:44] {Les} so you won't have internet
[13:44] {dino} same here nemo, i'll pass it along to you
[13:44] {nemo} I see you're quite adept at deductive reasoning
[13:44] {Les} you don't keep a generator?
[13:45] {nemo} it would be irrelevant if the lines are down, which is likely to happen...are's aren't buried underground
[13:45] {nemo} ours
[13:45] {Les} you've got heat though?
[13:45] {dino} lol les, i've had one for 15 yrs never had to use it, but my neighbors power goes out every other month, different line
[13:46] {nemo} probably won't have that either
[13:46] {Les} sucks to be you
[13:46] {nemo} Knowing you makes me feel better about myself
[13:46] {larisa} lol
[13:46] {Les} touché
[13:47] {nemo} ty
[13:47] {Threei} good to see room overcome with gentliness
[13:47] {nemo} ?
[13:47] {nemo} did you mean gentleness? gentility? gentlemen like behavior?
[13:47] {dino} darn dy would've worked nicely
[13:48] {Threei} nemo, you are making me think - and I rarely if ever forgive that
[13:49] {nemo} oh oh...
[13:49] {Threei} Toyota Motor Corp Certain Toyota suppliers raided by FBI yesterday - WSJ (update)
[13:49] {Threei} - Companies in question are Yazaki, Denso International, and Tokai Rika.
[13:49] {Threei} - FBI notes affidavits are sealed, will not confirm reason for raids.
[13:49] {Threei} sheesh
[13:49] {nemo} what's gm stock doing?
[13:49] {patience} going from bad to worse
[13:49] {nemo} is there gm stock?
[13:50] {dino} .69
[13:50] {Threei} they are determined toi drive Toyota out of country or what?
[13:50] {dino} down almost 10% today
[13:50] {dino} opps that must be old
[13:51] {Threei} they changed after bankruptsy to somehing unprononcialble
[13:51] {Threei} like GMMQQ or something similar
[13:52] {Threei} there
[13:52] {Threei} GMGMQ
[13:52] {Threei} lol
[13:52] {nemo} What's that in Roman Numerals?
[13:53] {dino} zero
[13:53] {nemo} I see that smirk dino
[13:53] {Threei} it's not normal publickly traded stock
[13:56] {dino} watching cfi, clh again
[13:56] {Les} cfi
[14:07] {fernp} ETP 46.10 break, Vad?
[14:07] {Threei} Market Internals update at 2:00pmET
[14:07] {Threei} - NYSE volume 560M shares, about 9% below its three-month average; advancers lead decliners by 2.9:1.
[14:07] {Threei} - NASDAQ volume 1.34B shares, about 1% below its three-month average; advancers lead decliners by 1.8:1.
[14:07] {Threei} - VIX index -4% to just under 20.50
[14:07] {Threei} nah
[14:07] {fernp} ok
[14:07] {Threei} slow and narrow
[14:08] {fernp} and MJN short if loses 46?
[14:08] {Threei} may work, may not - roll a dice
[14:08] {Threei} hmmm
[14:08] {Threei} MJN is a bit more interesting
[14:08] {fernp} ty ty
[14:09] {_jfjf64} dltr im not in shape yet vad
[14:12] {dino} zzzzzzzzz
[14:13] {dino} nemo, clh?
[14:13] {Les} xnpt
[14:14] {ese} outta here all.catch you stopped out of brcm -.03
[14:14] {Les} ciao
[14:14] {dino} cya
[14:14] {Threei} take care ese
[14:14] {_jfjf64} later
[14:14] {fernp} bye ese
[14:15] {Les} ntes refuses to give up
[14:15] {dino} missed clh
[14:15] {Les} cab
[14:15] {Les} sorry
[14:16] {nemo} sorry was looking at something
[14:18] {nemo} nothing for me to get excited about yet dino, no volume on these rises to trend
[14:20] {Les} both TM and AIG strong. some program an algorithm to make pigs fly?
[14:20] {nemo} as soon as I open my mouth...or type, as the case may be
[14:20] {dino} went 35 cents
[14:20] {dino} my bad, hesistated
[14:20] {nemo} volume just came in, but it's right on the trend line
[14:21] {dino} in the 20s
[14:21] {Threei} you think computers know pigs from high quality stocks Les?
[14:21] {nemo} you talking clh?
[14:22] {nemo} yeah, I would like to see a higher low, or consolidation here
[14:22] {dino} i like it in the .20s
[14:22] {Les} my computer can tell me from my wife...
[14:22] {Les} :P
[14:22] {nemo} maybe, a pullback to around .40 would be...oh forget it
[14:24] {Les} s esi .79 stop 106
[14:26] {nemo} quite the volume on clh
[14:28] {nemo} there a local company no less
[14:28] {nemo} started during the Boston Harbor Cleanup 20 years ago
[14:28] {dino} big miss
[14:29] {nemo} yeah, reading it ow
[14:29] {dino} and missed my entry
[14:29] {dino} so big x two
[14:31] {dino} out wcg .00, +.25
[14:31] {dino} contra hour drop
[14:31] {nemo} what size would you have taken on clh?
[14:32] {dino} 300,
[14:32] {dino} too jumpy
[14:32] {Threei} GM Reportedly plans to wind down Hummer operations after Chinese firm drops plans to buy the unit
[14:32] {Threei} what, no more Hummers? oh no
[14:32] {Les} bummer
[14:32] {Threei} I really wanted kittle green car
[14:33] {Threei} to drive to nearest bakery
[14:33] {Les} Schwazeneger can take it private
[14:36] {Threei} HHS Secretary calls meeting with CEOs of health insurers including WLP, UNH, and AET
[14:36] {Threei} some kind of behind the curtain negotiations about healkth care bill I guess
[14:36] {dino} swm stopped -.30
[14:39] {fernp} GILD, Vad. any read?
[14:39] {dino} swm fast drop
[14:39] {Les} gild
[14:40] {Les} sorry pc gone slow on me. mouse not moving to the right window
[14:41] {_jfjf64} aig
[14:41] {Threei} not really fern
[14:41] {fernp} ok
[14:42] {Les} esi stopped
[14:51] {Les} out slw +.10
[14:52] {dino} gj
[14:52] {Les} ty. rather underwhelming, waiting half a day for .10
[14:53] {Les} fcx
[14:54] {dino} all i see on cfi is downgrade
[14:56] {dino} sm l .12
[14:59] {Les} MS .75 b/d Vad?
[15:00] {Threei} probably
[15:01] {Les} ok ty
[15:07] {Threei} wss thinkiong of .93 entry on XNPT with big shares for a scalp
[15:07] {Threei} then d\ecided it was asking for a stop
[15:08] {_jfjf64} ccl vad ya lk
[15:08] {Threei} not really
[15:19] {dino} voooooddddddkkkkkkkkkaaaaaaaaa martini on my mind
[15:19] {Threei} lol
[15:20] {_jfjf64} stoli
[15:20] {Threei} rum and coke would probably do too, no?
[15:20] {dino} made a seagrams citrus one other night, tasty
[15:20] {nemo} ketel 1
[15:20] {dino} nice
[15:20] {Threei} jf, kidding? there is much better stuff than that
[15:20] {larisa} carrot juice
[15:21] {Threei} yeah, that
[15:21] {nemo} never had vodka and carrot juice
[15:21] {dino} i do have an unopened grey goose
[15:21] {nemo} What's your address?
[15:21] {Threei} grey goose, great but pricey...
[15:21] {dino} i like stoli jf
[15:21] {_jfjf64} comon vad ya a stoli guy
[15:21] {Threei} if you can find Iceberg where you live, very close quality
[15:21] {Threei} am not
[15:22] {Threei} Iceberg... Finlandia... Russian Standard if you want more authentic russdian taste
[15:22] {_jfjf64} me too dino one in my freezer as we speak lk it with lemon
[15:22] {Threei} with this bready shade
[15:22] {dino} iceberg huh, i'll look for it
[15:22] {nemo} I'll just add gasoline to the bottle
[15:22] {dino} ahhh jf
[15:22] {Threei} you'll be very impressed dino
[15:23] {dino} not hard to do w/me and booze
[15:23] {Threei}
[15:23] {dino} as long as its cold
[15:23] {_jfjf64} german made
[15:23] {Threei} In 1998, the Beverage Tasting Institute gave Iceberg a 'superlative' score of 94 out of 100, ranking it second behind the acclaimed Grey Goose in a blind taste test of the world's best vodkas\
[15:24] {_jfjf64} hmm
[15:24] {_jfjf64} russian
[15:24] {Threei} canadian
[15:25] {Threei} produced using water from icebergs harvested off the coast of Newfoundland
[15:25] {_jfjf64} stop
[15:25] {nemo} great, probably got Mastodon dung in it
[15:25] {dino} lol
[15:25] {Threei} yeah but it's fresh
[15:25] {_jfjf64} made from dino freezer
[15:26] {Les} I thought you would know Grasovka Vad, but I didn't realise it was German
[15:26] {_jfjf64} lol
[15:26] {Les} thought it was polish
[15:26] {Threei} and, following your logic... I would know Polish vodkas why?
[15:27] {nemo} aussies and poles...genetic cousins
[15:27] {Les} you were successful businessman in Ukraine?
[15:27] {Threei} I was born there
[15:28] {dino} bidness
[15:28] {Les} only russian vodka for sale?
[15:28] {Threei} you do realize Ukraine and Poland are different countries, right? :)
[15:28] {larisa} lol
[15:28] {Threei} and Ukrtaine is way closer with Russia than with Poland
[15:28] {_jfjf64} lol
[15:28] {Les} yeh yeh. I drink single malt whisky
[15:29] {Les} tasted Australian whisky
[15:29] {Les} scott
[15:29] {_jfjf64} i lk that too
[15:29] {Les} swiss
[15:29] {dino} and that we all are genetic cousins
[15:29] {Threei} with hard liquor occupying topic, let's go long CEDC?
[15:29] {Les} haven't heard of any north american single malts. I'm sure someone's making it somewhere
[15:29] {dino} good point
[15:30] {larisa} Scotland and Switzerland are 2 different countries too??
[15:30] {Threei} more than that Larisa, and this may come as a shoch:
[15:30] {Les} ca suffit larisa!
[15:31] {_jfjf64} im out of here my friends good day
[15:31] {dino} cya jf
[15:31] {Les} bye
[15:31] {Threei} I always thought Karl Marx and Freidrich Engels were husband and wife,... and olny recently found out they were 4 brothers
[15:31] {Threei} take care jf
[15:31] {Les} I thought you were a joke nazi Vad?
[15:31] {Threei} someone's yes
[15:31] {Threei} but not my own
[15:32] {dino} cpla
[15:33] {Threei} too bad I skipped than XNPT entry... was a good one
[15:34] {Les} well, know what to bring to Bahamas one of these years... POLISH vodka
[15:36] {Threei} look at CEDC reacting on ypour decision
[15:36] {Les} c
[15:36] {Les} had enough of this computer. night all.
[15:37] {dino} ugh clh
[15:37] {Threei} take carwe Les
[15:37] {billyc} gn les
[15:37] {dino} cya les
[15:37] {fernp} bye ese
[15:37] {fernp} les
[15:38] {larisa} TSL not going to reverse today it looks like
[15:41] {fernp} Good evening everybody. See you all tomorrow
[15:41] {Threei} take care fern
[15:41] {billyc} gn fern
[15:42] {dino} cya
[15:47] {Threei} Shamu in Orlando Seaworld killed a trainer
[15:47] {nemo} shit happens
[15:47] {Threei} happened here in Victoria... we had our own little seaworld
[15:47] {Threei} closed after similar accident
[15:48] {nemo} funny...reminds me of a baby's bib I saw "Spit Happens"
[15:50] {Threei} strange... TV says Orlando, but visual is San Diego
[15:52] {Threei} unless they are totally identical
[15:52] {lasertrev} i know shamu is in SD, unless more than one whale has the same name
[15:54] {lasertrev} thats like having a fish and a man called nemo
[15:54] {nemo} fas interesting pattern since 2:40 looks like a few attempts to slam stops
[15:55] {Threei} Shamu is the stage name of SeaWorld's iconic Orca (killer whale) show, which is shared by numerous adult male or female orcas at the SeaWorld parks.
[15:55] {nemo} mmmmhhhhhh?
[15:55] {nemo} wish I had a wise ass comment
[15:55] {Threei} you don't???
[15:55] {Threei} that's a first
[15:56] {Threei} where is nemo we came to know and , ummm
[15:56] {Threei} know
[15:56] {nemo} fear?
[15:56] {nemo} wow clh
[15:56] {dino} yeah, i see it
[15:57] {Threei} hearings on TM start sound ugly
[15:58] {dino} tm hod
[15:59] {dino} out cfi -.10
[15:59] {Threei} wow... anyone's watching this?
[16:00] {dino} stupid on cfi, had .32 on it
[16:00] {larisa} I was looking at it at .40 and thinking of you :)
[16:01] {billyc} gn everyone
[16:01] {Threei} okay guys, thank you all
[16:01] {Threei} have a good evening
[16:01] {larisa} bye all :)
[16:01] {Threei} see you tonmorrow
[16:01] {dino} should have yelled sell larisa
[16:02] {dino} gn all
[16:02] {nemo} cya
[16:02] {dino} esrx rockin'
[16:04] {Threei} ESRX Reports Q4 $0.97 v $0.90e, R$8.2B v $7.4Be
[16:04] {Threei} - Guides FY10 EPS $4.80-5.00 v $4.69e
[16:04] {Threei} AMSG Reports Q4 $0.42 v $0.42e, R$168.6M v $169Me
[16:04] {Threei} - Guides Q1 $0.41-0.43 v $0.44e
[16:04] {Threei} - Guides FY10 $1.77-1.80 v $1.81e, R$720-750M v $728Me
[16:05] {lasertrev} nemo dcc
[16:05] {Threei} TQNT
[16:06] {Threei} Triquint Semiconductor Inc Reports Q4 $0.14 v $0.13e, R$193.3M v $188Me