RealityTrader Trading Log

Friday, February 26, 2010

Feb 26 2010

5 trades, 3 wins. Barely squeaked into black but it kept three weeks-long now winning streak uninterrupted. Odds start stacking in a favor of a losing day - let's see if we have one next week.

Session Time: Fri Feb 26 00:00:00 2010

[08:10] {Threei} US) Preview: Q4 Preliminary GDP Price Index and Core PCE Q/Q due at 8:30 am
[08:10] {Threei} - GDP Price Index: 0.6%e v 0.6% Q4 advance reading
[08:10] {Threei} US) Preview: Q4 Preliminary GDP Annualized and Personal Consumption due at 8:30 am
[08:10] {Threei} - GDP Annualized: +5.7%e v +5.7% Q4 advance GDP reading(Analyst range from +4.2% to +6.3%)
[08:29] {Threei} GR) Greece confirms earlier reports that it has postponed bond road show
[08:30] {Threei} *(US) Q4 PRELIMINARY GDP PRICE INDEX: 0.4% V 0.6%E; CORE PCE Q/Q: 1.6% V 1.4%E
[08:30] {Threei} *(US) Q4 PRELIMINARY GDP Q/Q ANNUALIZED: 5.9% V 5.7%E; PERSONAL CONSUMPTION: 1.7% V 2.0%E
[08:31] {Threei} market is confused
[08:31] {nemo} sorry had to cut out early
[08:31] {Threei} and lately when the market is confused it just goes up
[08:31] {nemo} had to go see my parole officer
[08:32] {Threei} that was very rude of you nemo
[08:32] {Threei} we cried for an hour after you left
[08:32] {nemo} they don't like to be stood up
[08:32] {Threei} deeply hurt
[08:32] {Threei} strider dcced me to say his life is all but ruined
[08:32] {Threei} dino phoned to say he feels violated
[08:33] {nemo} I'm speechless
[08:33] {Threei} that was what fern said
[08:33] {Threei} ECB's Gonzales Paramo: European crisis poses substantial policy challenges
[08:33] {Threei} - Detail tax and spending plans are essential
[08:34] {Threei} oh, and jf said he will never evr join the room where people act like this
[08:35] {nemo} don't let the door hit you in the ass on the way out jf...
[08:36] {Threei} hmmm.. this may make him stay
[08:36] {Threei} this is exacrtly the level of rudeness we know and love
[08:36] {Threei} btw, how's snow?
[08:37] {nemo} we just got torrential rains and winds
[08:37] {billyc} gm everyone
[08:37] {Threei} billy :)
[08:37] {nemo} lotta' power outages
[08:37] {billyc} vad
[08:38] {Threei} we tend to have those too in extreme winds, downside of forested area...
[08:38] {Threei} this year though went without any
[08:38] {Threei} US) Fed's Hoenig: Removing the Fed's regulatory role would be a tragic mistake
[08:38] {Threei} for whom, for Fed?
[08:38] {Threei} - Regulatory function is essential to the Fed's role in financial stability.
[08:38] {Threei} yup - for that of Fed members
06[08:42] * nemo slaps strider around a bit with a large trout
[08:43] {nemo} well the 8:30 news must have been in line
[08:44] {Threei} a bit all over the place
[08:44] {_jfjf64} mornin
[08:44] {billyc} hey jf
[08:44] {Threei} [08:10] {Alert} Threei US) Preview: Q4 Preliminary GDP Price Index and Core PCE Q/Q due at 8:30 am
[08:44] {Threei} [08:10] {Alert} Threei - GDP Price Index: 0.6%e v 0.6% Q4 advance reading
[08:44] {Threei} [08:10] {Alert} Threei US) Preview: Q4 Preliminary GDP Annualized and Personal Consumption due at 8:30 am
[08:44] {Threei} [08:10] {Alert} Threei - GDP Annualized: +5.7%e v +5.7% Q4 advance GDP reading(Analyst range from +4.2% to +6.3%)
[08:44] {Threei} jf :)
[08:44] {_jfjf64} hey billyc
[08:45] {nemo} Wow...Carly Simon named the inspiration for her song, "Your So Vain"
[08:50] {nemo} wow...
[08:50] {nemo}
[08:53] {Les} morning :)
[08:54] {Threei} Les :)
[08:54] {Les} that's some nice cleaning of the log there vad....
[08:54] {billyc} hey les
[08:54] {Les} say how many times has Nemo caused you to clean the log?
[08:54] {Threei} don't make me do it
[08:54] {Threei} I hate it
[08:54] {nemo} once or twice
[08:54] {nemo} there was the bear and rabbit joke
[08:54] {Les} sorry for screwing vad around...
[08:55] {Les} maybe I should have told strider to crash into nemo's house
[08:55] {Les} then we'd all be laughing
[08:55] {Les} hi billy
[08:55] {Threei} I don't need any more work, I have better things to do after market is closed,
[08:55] {nemo} yeah...take a nap
[08:55] {Threei} and I promise log readers that thios is raw and unedited
[08:55] {Les} ok
[08:56] {Threei} (US) Treasury's Allison: Need to take more steps to make credit move available
[08:56] {Threei} - Efforts must be made despite signs of improvement. (related XLF )
[08:56] {Threei} no really?
[08:56] {Threei} easily available credit surely is good, right?
[08:56] {Threei} it surely is not what got us into this mess
[08:57] {nemo} let's see real estate is being propped up by the feds and commercial real estate is in the hopper and 500k people a week are losing there who is a good credit risk out their
[08:57] {nemo} there?
[08:58] {Les} I am
[08:58] {Les} well actually I'm unemployed
[09:00] {nemo} mmmmhhhhh....
[09:00] {Les} haven't lit up my trading software yet. How's AIG premarket?
[09:00] {nemo} I would think you'd be out on mental disability
[09:00] {Threei} -1.7
[09:02] {Threei} Dealers comment on US Think Tank report regarding ECB policy stance
[09:02] {Threei} - Evidence is growing that the already fragile Eurozone recovery is decelerating, so providing an extra argument for the ECB to emphasize its highly accommodative policy stance to unchanged.
[09:02] {Threei} - The shift in liquidity provision from long-term emergency maturities back to standard terms will continue but the bank will spell out how it intends to keep overnight rates low through the summer
[09:02] {Les} AIG Q4 results bombed?
[09:02] {Threei} oh, this one will probably take the prize today:
[09:02] {Threei} (US) Fed's Hoenig: Fed members are independent, does not communicate closely with the Treasury's Geithner - Q&A
[09:03] {Threei} American International Group, Inc Reports Q4 -$65.51 v -$14.17 y/y, Rev $24.4B v $23.3Be; Does not see dividend payments in near future
[09:03] {Threei} - Q4 adj EPS -$53.23
[09:03] {Threei} - Q4 Combined ratio 132.5 v 105.2 q/q
[09:03] {Threei} - Q4 General Insurance operating income (before net realized capital gains) was -$1.6B v $722M q/q
[09:03] {Threei} - Q4 life insurance and retirement services op income (before net realized losses) -$931M v $2.2B q/q
[09:03] {Threei} - Q4 financial services operating loss (ex net realized losses) $95M v $1.6B q/q
[09:04] {Threei} - Without additional support from the U.S. government, in the future there could exist substantial doubt about AIG's ability to continue
[09:04] {fernp} Good morning everybody
[09:04] {Threei} AIG CEO: Expect continued volatility in upcoming quarters; not out of the woods
[09:04] {Threei} fern :)
[09:06] {billyc} hey fern
[09:11] {ese} morning
[09:11] {Threei} ese :)
[09:11] {nemo} dude
[09:11] {dino} gm all, wow did we get hit w/snow. about 22" yesterday
[09:11] {Threei} wow dino
[09:11] {Threei} that's a lot
[09:12] {billyc} hey dino ese
[09:12] {ese} dude
[09:12] {ese} dino
[09:12] {ese} billy
[09:12] {Threei} and I lived through what they called a blizzard of a century in Winnipeg in 1997
[09:13] {dino} this aig, good thing those guys got their bonuses, job well done, lol
[09:13] {ese} neuk neuk nuek....agady agady agady.......need to be livin here dino
[09:13] {dino} brb
[09:13] {larisa} gm :)
[09:13] {Threei} larisa :)
[09:13] {billyc} hey larisa
[09:14] {strider} Good morning all
[09:14] {Threei} strider :)
[09:14] {ese} larisa
[09:14] {ese} ST
[09:14] {strider} :)
[09:14] {larisa} :)
[09:14] {billyc} strider
[09:14] {strider} howdy
[09:21] {nemo} this is weird...we're getting hail
[09:22] {dino} still snowing hard here
[09:22] {lasertrev} lol, gm
[09:23] {Threei} trev :)
[09:23] {dino} athn, bxs
[09:23] {dino} wtw
[09:24] {nemo} is "wtf" on your list this morning dino?
[09:26] {dino} always
[09:26] {nemo} nice
[09:26] {Les} morning dino, do you mind posting a refined list, or you still looking at everything from last week?
[09:26] {nemo} wfmi strong
[09:26] {Threei} that's my first morning thought upon seeing myself in the mirror, nemo
[09:27] {Threei} (US) Preview: Feb Chicago Purchasing Manager Index due out at 09:45ET
[09:27] {Threei} **consensus expectations: 59.7e v 61.5 prior (Jan reading of 61.5 was highest since Nov 2005).
[09:28] {nemo} wow, coulda' made your day trading aig this morning
[09:28] {Threei} or lose your shirt
[09:29] {_jfjf64} ty vad
[09:29] {nemo} that's a given in a zero sum game
[09:29] {Threei} for what jf??
[09:29] {_jfjf64} or lose ya shirt
[09:29] {_jfjf64} lol
[09:29] {Threei} lol
[09:30] {_jfjf64} lets get em boys
[09:30] {Threei} {they} uh oh
[09:30] {nemo} look at that db at 9:18 or so, volume was textbook
[09:31] {nemo} jf....patience and
[09:31] {Threei} Short Setup: AMMD 18 break small shares
[09:32] {Threei} thin, risky
[09:32] {Threei} not for everyone
[09:32] {nemo} stop .18 or .22
[09:32] {Threei} invalidation is above .20 for now
[09:33] {Threei} Long Setup: AIG .50 break half lot
[09:33] {Threei} aww
[09:33] {Threei} don't chasde
[09:33] {Threei} late
[09:33] {Threei} crap, that was a good one
[09:33] {_jfjf64} y
[09:33] {Threei} ok, second chance
[09:33] {Threei} .50 break again
[09:34] {Threei} .35 stop
[09:34] {Les} in .51
[09:34] {ese} L jaso .15
[09:34] {dino} les, same plus this a.m.
[09:34] {Les} ty
[09:35] {Threei} 1:1
[09:35] {_jfjf64} ty
[09:35] {Les} half out .65
[09:36] {Threei} 1:2
[09:36] {Les} all out .75
[09:36] {Threei} out
[09:36] {Les} ty vad. nice way to start day
[09:36] {Threei} welcome
[09:36] {_jfjf64} that a boy
[09:36] {billyc} thanks vad
[09:36] {Threei} :)
[09:37] {Threei} EVVV?
[09:38] {Threei} what the deuce?
[09:38] {nemo} wow...that aig call...look at the volume pattern
[09:39] {_jfjf64} nice
[09:39] {Threei} what about it?
[09:39] {nemo} dropping volume into the rise
[09:39] {Threei} decrease on retreat?
[09:39] {ese} out jaso .17 +.02....lookin weak
[09:39] {nemo} decrease on increase
[09:39] {Threei} hmmm
[09:39] {Threei} not how I interpret it
[09:39] {Threei} but let's do it later
[09:39] {larisa} EVVV new approach to preventing strokes, not surgical proved safe
[09:40] {Threei} ty larisa
[09:41] {Threei} Long Setup: XNPT .47
[09:41] {Threei} if stays above .35
[09:42] {Threei} chicago numbers are good I take it
[09:45] {Threei} yup
[09:47] {_jfjf64} evvv
[09:48] {Threei} US) Preview: Feb Final University of Michigan Confidence Index due out at 09:55ET
[09:48] {Threei} **consensus expectation: 73.9e v 73.7 prior
[09:48] {Threei} (US) Preview: Jan Existing Home Sales due out at 10:00ET
[09:48] {Threei} **consensus expectation: 5.50Me v 5.45M prior
[09:48] {fernp} JASO, Vad?
[09:49] {Threei} worth a try
[09:49] {Threei} ese's stock
[09:49] {fernp} ok
[09:49] {ese} back in .18
[09:49] {ese} jaso
[09:50] {Threei} XNPT exhibits signs of a salmon
[09:50] {Threei} could be good for more than scalp
[09:50] {dino} athn sm l .40
[09:51] {ese} glad you mentioned that PM report vad.....made me get out to be on the sae side
[09:51] {ese} safe
[09:51] {fernp} .14 is valid stop for JASO, Vad?
[09:51] {Threei} yes
[09:52] {fernp} ty
[09:52] {Threei} (SP) Spain Eco Min: There are no risks for a double dip recession; will not encounter contraction in 2010
[09:52] {dino} well i feel better now
[09:52] {Threei} don't you love these nostradamuses
[09:52] {Threei} - Not expecting to see any downgrades by rating agencies; Eurozone will not sit back while a member country is in trouble
[09:53] {Threei} Spain Eco Min: right? right?
[09:53] {strider} nostradumasses?
[09:53] {Threei} fern... I see your guys are not any better than ours, lol
[09:53] {dino} and spain is one of the troubled piigs
[09:53] {fernp} true
[09:54] {Les} jawboning in the face of hedge funds massive bets against Euro. Sounds like Chamberlain
[09:54] {Threei} I wanted to suggest you to trade them... but I see it would be like moving money from one pocket to another, no chance to get riicher
[09:55] {_jfjf64} ckr any read vad
[09:55] {ese} michigan report looks good jaso taking off
[09:56] {Threei} it's being bought out jf
[09:57] {ese} jaso not exactly the way i want a scalp to go but it's working
[09:57] {Threei} let's trail sdtop on XNPT
[09:57] {Threei} to under .40 for now
[09:59] {Threei} one more set of numbers, then we are free
[09:59] {Threei} JASO does look nice
[09:59] {Les} dino you catch bxs here?
[10:00] {Threei} *(US) JAN EXISTING HOME SALES: 5.05M V 5.5ME (-7.2% M/M
[10:00] {dino} no was waiting for test of lows left w/o me
[10:01] {Les} looking at athn above 38
[10:01] {dino} out athn .11, +.71
[10:01] {nemo} wtw volume spike
[10:01] {Threei} NPET... wtha the
[10:01] {Threei} why an I not getting news on these sudden fliers
[10:02] {Threei} MPET, sorry
[10:02] {dino} mkts drop
[10:02] {ese} daaaaaaaaaaa stopped jaso .14
[10:03] {Threei} out XNPT
[10:03] {Threei} both were within 1-2 cents of 1:1
[10:04] {Les} you caught athn well. I was scalping it twice towards the bottom after catching .90 b/d
[10:04] {Les} got burnt the second time
[10:04] {dino} ty
[10:04] {fernp} VZ short, Vad?
[10:04] {fernp} btw, took 1:1 in JASO
[10:05] {fernp} ty
[10:05] {Threei} if stays under .85, VZ
[10:05] {fernp} ok
[10:06] {dino} all red carefu;
[10:06] {dino} l
[10:06] {ese} dino you in anything
[10:06] {nemo} spy should bounce at 110, if not 109.50
[10:08] {dino} no
[10:09] {_jfjf64} aig
[10:10] {_jfjf64} any read
[10:10] {Les} inverse h&s aig?
[10:11] {dino} swm sm ave .00
[10:11] {dino} l
[10:11] {Threei} not sure... I'd rather think short on AIG
[10:11] {Threei} .15 break
[10:11] {Threei} half lot
[10:11] {Threei} if stays under .30
[10:13] {Threei} let's modify itZ:
[10:13] {Threei} .25 short
[10:13] {Threei} if stays under .35
[10:13] {nemo} looks inverse H&S
[10:14] {dino} fti sm l ave .07
[10:14] {ese} swm
[10:15] {Threei} invalidated
[10:15] {ese} sorry not in.....typed symbol into wrong spot
[10:15] {_jfjf64} yikes
[10:15] {ese} fti
[10:15] {ese} again......damn
[10:16] {nemo} rimm
[10:18] {_jfjf64} kwk
[10:20] {_jfjf64} rimm
[10:20] {Les} athn
[10:21] {dino} i see it
[10:22] {Les} wfmi
[10:23] {Threei} Long Setup: TM .50 break half lot
[10:24] {nemo} stop .35?
[10:24] {Threei} invalidation
[10:24] {Threei} it never triggered
[10:24] {_jfjf64} nogo??
[10:24] {_jfjf64} ty
[10:24] {Threei} ??
06[10:25] * nemo slaps _jfjf64 around a bit with a large reading glasses
[10:25] {Threei} who is in aggressive mood, can take .40 break
[10:25] {_jfjf64} nemo nemo
[10:25] {ese} L linta .55
[10:25] {Threei} with ridiculously tight stop
[10:27] {Threei} (GE) German Law Maker: any potential aid for Greece would come from KFW Bank, no decision has yet been taken
[10:28] {Threei} German aide would be limited to 5B
[10:28] {Threei} - KfW would purchase Greek debt in emergency action only
[10:28] {Threei} - Reiterates that no decision has yet been reached
[10:29] {Threei} TM invalidated
[10:29] {Threei} or not
[10:29] {Threei} 1 cent...
[10:30] {Threei} kind of discretioanry
[10:30] {nemo} I see a gap, that's bullish
[10:31] {nemo} raise stop to gap?
[10:31] {fernp} what is the play? .51 long?
[10:31] {Threei} yes fern
[10:31] {nemo} if aggressive it was .40
[10:31] {fernp} ok
[10:31] {Threei} Market Internals update at 10:30amET
[10:31] {Threei} - NYSE volume 200M shares, about 19% below its three-month average; decliners lead advancers by 1.4:1.
[10:31] {Threei} - NASDAQ volume 455M shares, about 9% below its three-month average; decliners lead advancers by 1.4:1.
[10:31] {Threei} - VIX index +1.25% to just over 20.00
[10:34] {ese} out linta .54 -.01
[10:35] {ese} am just picking stuff that is going nowhere
[10:36] {Threei} no.. stuff just doesn't go anywhere
[10:37] {Threei} TM 1:4 for aggressive entry
[10:37] {Les} PALM
[10:38] {Threei} 1:1 for regular entry
[10:38] {Threei} (US) Congressman Maloney (NY) : Requesting US House hold hearings in commerical banks role in Greece crisis (related IXG NBG )
[10:39] {dino} ohhh mannn, just shoveled another 2" of sidewalk
[10:39] {dino} and still snowing hard
[10:39] {Threei} manually dino?
[10:39] {dino} yes
[10:39] {Threei} ouch
[10:40] {Threei} that's back-breaking job
[10:40] {dino} at home, i use a 4-wheeler w/plow
[10:40] {dino} since tuesday we've received ove4r 36" of snow
[10:40] {Les} Mr Plow King
[10:40] {Threei} that's a LOT
[10:40] {dino} that magoo's job
[10:41] {Threei} anyone took TM?
[10:41] {fernp} not here
[10:42] {Les} tried shorting .34. got bitten
[10:42] {Les} palm .35 break?
[10:43] {Threei} not delighted
[10:44] {Les} k
[10:45] {ese} dino...wheres magoo these days....
[10:46] {nemo} sabbatical
[10:46] {ese} gettin sentimental........i miss him on the board......
[10:46] {Threei} GR) Greece PM to make official visit to the US on March 9
[10:46] {Threei} uh oh
[10:47] {Threei} I say draw the bridge
[10:47] {dino} don't really know lately, not coming in much
[10:48] {_jfjf64} yeah its comin obama dont bend over and pk up soap
[10:50] {_jfjf64} ago
[10:51] {_jfjf64} ya lk break vad
[10:51] {Les} SLB
[10:51] {Threei} not rea;;y jf
[10:52] {_jfjf64} ty
[10:54] {Threei} huh
[10:54] {Threei} 34% Favor More Regulation of Financial System, 47% Opposed
[10:54] {Threei} I thought it was widely assumed majority wanted it
[10:57] {nemo} wfmi building base t top of range
[11:00] {Threei} WFMI looks great in all timeframes
[11:02] {Threei} with any market help, 36 is very likely
[11:03] {Threei} at least
[11:03] {fernp} WFC any read, Vad?
[11:04] {Threei} no long
[11:04] {fernp} :-)
[11:04] {Threei} short, maybe, but need some setup to form
[11:04] {Threei} earl;ier in the morning ZI missed .30 breakdown on it
[11:04] {Threei} never looked at it since
[11:05] {fernp} ok
[11:05] {Threei} 27.30 that is
[11:05] {fernp} yes, yes
[11:05] {Threei} (CA) Canada Fin Min: Dec budget deficit of C$3.1B v surplus C$334M y/y
[11:05] {Threei} - Fiscal YTD
[11:05] {Threei} and loonie is up?
[11:06] {Threei} someone shoot it
[11:06] {Threei} who likey,
[11:06] {Threei} Long Setup: WFMI .50 break
[11:07] {Threei} stop for scalpers under .40
[11:07] {Threei} for day traders .35
[11:12] {nemo} that's pretty solid support at .45
[11:12] {Threei} very willing stock... just needs little help from market
[11:14] {nemo} figures
[11:16] {nemo} that bid at .46 get eaten, that's support
[11:21] {fernp} stopped WFMI
[11:23] {nemo} market isn't helping wfmi
[11:23] {nemo} it's reverse salmoning
[11:24] {_jfjf64} jpm vad
[11:25] {Threei} like thwe chart... hate the idea of trading breakpout right now
[11:28] {Threei} flat day so far, between AIG and TM vs stopped ones
[11:29] {Threei} today is a last day of three weeks uninterrupted winning streak... maybe it's a good idea to haver it breakeven, not to agner gods of odds
[11:29] {Threei} and get it out of our system
[11:30] {larisa} no losing day in 3 weeks?
[11:30] {dino} mine ended tuesday
[11:30] {ese} vaddddddd ohhhhhhh vadddddd! you never told me that things could get this boring
[11:30] {Threei} roday is 15th day Larisa
[11:30] {Les} how long before you fly ese?
[11:31] {ese} one week today les
[11:31] {dino} altho, decent month overall, only 3 down days
[11:31] {Threei} sorry ese... I'll try to see if there are any clowns we could book urgently
[11:31] {Les} clowns? How bout some dancing girls?
[11:31] {Les} and boys for the ladies here?
[11:32] {dino} huh, someone say dancing girls?
[11:32] {Les} virtual club chez Vad
[11:32] {Threei} dunno about you, we like clowns... right ese?
[11:33] {_jfjf64} jpm strong
[11:34] {Threei} sure is
[11:34] {ese} ya I do
[11:34] {_jfjf64} in .80
[11:34] {_jfjf64} half out
[11:35] {ese} nice one jf.....ride em cowboy
[11:35] {_jfjf64} .85 stop
[11:35] {nemo} wow, we ride it, or just cover
[11:36] {gregns} ride sally ride
[11:36] {nemo} nice
[11:37] {_jfjf64} 42 jp lets go
[11:38] {_jfjf64} stop to .90
06[11:38] * Threei slaps _jfjf64 around a bit with a large dose of antigeedine
[11:39] {nemo} what is "antigeedine"?
[11:39] {larisa} +r
[11:39] {ese} just lettin ya know i'm still long 500 shs of brcm from yesterday
[11:39] {_jfjf64} ty nemo
[11:39] {Threei} ty larisa
[11:40] {larisa} not only vad spells normal words wrong, he comes up with new ones and spells them wrong too :)
[11:40] {Threei} lol
[11:40] {Threei} isn't it a gift?
[11:40] {_jfjf64} sound lk shampoo
[11:42] {_jfjf64} out
[11:43] {_jfjf64} going to shovel my driveway
[11:44] {_jfjf64} 12 inch snow
[11:44] {Threei} ok, this is just cruel
[11:44] {Threei} my car dealer phones
[11:44] {Threei} "your car is in, fresh from the boat from Japan,
[11:45] {dino} athn
[11:45] {_jfjf64} not toyota
[11:45] {Les} long or short dino?
[11:45] {Threei} but we are not sure we can finish all the paperwork today, so if we can - great, I'll call you in a few hours, if not - you'll be able to get it onj MOnday"
[11:46] {Threei} cruel, simply cruel, I am telling you
[11:46] {dino} thinking long
[11:46] {larisa} what diff does it make, today or monday?
[11:46] {Threei} boy is told he has to wait for his new toy
[11:47] {Les} ok Nemo, movie time
[11:47] {Les} here's one from one of my favourites
[11:47] {Les} behold a pale horse, and the man who sat on it was death. And hell followed with him
[11:48] {nemo} Yeah...Michael Bien
[11:48] {Les} NO WAY
[11:48] {nemo} Your Spanish is worse
[11:48] {Les} what do you do with your free time there boy?
[11:48] {nemo} wanna' be my huckleberry?
[11:49] {Les} you're not google searching these phrases are you?
[11:49] {nemo} one of my favorite movies
[11:49] {nemo} Val Kilmer was fantastic
[11:50] {Les} yes enjoyed this film immensely
[11:53] {dino} tombstone
[11:53] {nemo} we've gone back and forth on that one...huh, dino
[11:53] {nemo} my stop on wfmi is now .44...we got a trendline
[11:54] {dino} you tell them i'm coming, and hell's coming w/me
[11:54] {nemo} Kurt Russel
[11:54] {nemo} l
[11:56] {dino} athn sm l .60
06[11:57] * nemo slaps Threei around a bit with a large trout
[11:57] {Threei} sigh
[11:58] {Threei} should I make a conversation that resulted in it public...
[11:58] {nemo} sure
[11:58] {Threei} if slap is publci, why not
[11:58] {Threei} 11:55] {nemo} wfmi is not feeding my need for instant gratification
[11:58] {Threei} [11:55] {Threei} ummm... sorry?
[11:58] {Threei} [11:56] {nemo} I'm still in...took day trader stop
[11:58] {Threei} [11:56] {Threei} yes...
[11:58] {Threei} [11:56] {Threei} just thinking whether I shoud apologize on WFMI behalf
[11:58] {nemo} well, ya' can't slap in private, else I woulda'
[11:58] {Threei} [11:57] {nemo} I't supposed to go up .40 cents 2 seconds after I buy
[11:58] {Threei} [11:57] {Threei} ok... I am deeply profoundly sorry
[11:59] {Threei} see? I am so very polite and understanding... and what do I get fore it?
[11:59] {nemo} road to hell, and no good deed...
[11:59] {Threei} no kidding
[11:59] {Les} instant gratification? you 15 years old Nemo?
[11:59] {nemo} 12...emotionally
[12:00] {Threei} 15 years old are wise and mature next to him
[12:00] {nemo} also taller
[12:00] {Threei} see who I have to try and reason with?
[12:00] {Les} reason?
[12:00] {Threei} nemo and les... oy
[12:00] {nemo} hell on earth :):):)
[12:01] {Threei} thank goodness there is patient and calm Larisa... who can wait 3 days for a new car
[12:01] {larisa} i can :)
[12:02] {Threei} actually I shouldn't complain... dealetship has no signle car of my model on their lot, has to order each for a cusatomer
[12:02] {Threei} foesn't even advertize them
[12:03] {larisa} best part in life is anticipation of something good. you are too young to know it yet :)
[12:03] {Threei} wait for deklivery is anywhere from days to month and a half
[12:03] {Threei} but larisa... it's shiny
[12:04] {Threei} and it has rain- and speed-sensitive wipers
[12:07] {dino} slllllllllllaaaaaaaaaaapppppppppp
[12:07] {Threei} someone started drinking early...
[12:07] {Threei} and in case you think I am against it - that was expression of envy
[12:08] {Threei} FRED Increases dividend to $0.04 from $0.03
[12:08] {Threei} - The dividend is payable on March 15, 2010, to shareholders of record as of March 5, 2010
[12:09] {nemo} pulling teeth...wfmi is a root canal
[12:09] {Les} you seeing this dino
[12:09] {nemo} he sees dead people
[12:09] {Threei} I see dead pixels
[12:10] {Les} might just be IB, but 50 cent jump in price on ATHN. stopped
[12:10] {Threei} wow
[12:10] {Threei} nothing of a kind here
[12:10] {Les} must be IB software. did it abain. jumped to 38.33
[12:12] {nemo} stopped wfmi
[12:13] {dino} wfmi?
[12:13] {nemo} yeah, actually had stop at .45 blew right through
[12:17] {nemo} well, rinsed my stop
[12:19] {nemo} that's really rude
[12:20] {Threei} I can't even look at UAUA
[12:21] {Threei} how do I manage to miss its breaks all the time, beyond me
[12:21] {nemo} aig interesting support
[12:24] {dino} snda
[12:26] {Threei} .20 break short AIG?
[12:26] {Threei} I like
[12:26] {Threei} IT) Italy PM Berlusconi: Emerging from the crisis faster than others in the EU; debt is currently limited tools that can be used to help the economy
[12:27] {fernp} .30 stop, vad?
[12:27] {Threei} yup
[12:27] {fernp} ok
[12:30] {Threei} nice consolidation
[12:30] {Threei} little push by market and should work
[12:35] {Threei} 1:1
[12:35] {Threei} in the black again
[12:36] {Threei} anyone??
[12:36] {fernp} here
[12:36] {fernp} ty
[12:36] {Threei} whew
[12:37] {gregns} yes, in @ .21 out @ .09 thanks vad
[12:37] {Threei} that's it? no onr else plays in my sandbox?
[12:37] {Threei} oh good
[12:37] {Threei} thank you greg
[12:37] {Threei} 1:2
[12:38] {Les} very late to the party. short .15 covered .08 ty
[12:38] {Threei} gosh les
[12:38] {Threei} you are scaring me
[12:38] {gregns} also i was patient with wfmi in @ .4833 avg out @ .52 missed the .55
[12:39] {gregns} thks
[12:39] {Threei} wfmi is disappointing
[12:39] {Threei} chart deserved much more
[12:39] {nemo} I miss anything
[12:40] {Threei} wow...
[12:40] {nemo} oh jeez...
[12:40] {gregns} also Les , I used to use TD Ameritrade TOS and now with Laser and what a difference!!
[12:40] {Threei} yes... AIG short
[12:40] {nemo} a breakdown/breakout worked...
[12:40] {Threei} that's like going from bike to a plane, greg
[12:41] {gregns} you'all have a nice weekend, thks
[12:41] {Les} bye greg
[12:41] {Threei} you too!
[12:41] {gregns} yes! and add some experience and knowledge I hope it is coming together
[12:43] {dino} cya greg
[12:43] {ese} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz garfffff ahhhhheeeemmmmmmm
[12:43] {ese} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[12:43] {ese} cya greg
[12:43] {nemo} fas rising wedge
[12:44] {_jfjf64} im back driveway done
[12:44] {Les} AIG not shortable
[12:45] {Threei} didn't you short it 5 min ago?
[12:45] {nemo} he's on IB
[12:46] {Threei} 12:38] {Les} very late to the party. short .15 covered .08 ty
[12:46] {dino} out fti .63,+.56
06[12:46] * Threei slaps nemo around a bit with a large dose of PayAttenting
[12:46] {nemo} I went and got coffee...I missed the frickin' thing
[12:47] {_jfjf64} nice dino
[12:47] {dino} ty took awhile
[12:48] {_jfjf64} jpm someone keeps buyin
[12:48] {Les} yeh strange isn't it
[12:49] {_jfjf64} for us yes monday im sure here sm news
[12:50] {_jfjf64} maybe buyin toyota
[12:50] {_jfjf64} lol
[12:52] {nemo} fcx testing support
[12:52] {Threei} and no jf, my new car is not a Toyota
[12:53] {_jfjf64} see ya in infiniti
[12:54] {Threei} not yet
[12:55] {nemo} wfmi really being a stinker
[12:57] {Les} little bounce in fcx
[12:57] {Les} consolidation
[12:58] {nemo} rimm testing support area
[13:03] {dino} ctcm
[13:03] {_jfjf64} fcx
[13:03] {_jfjf64} any read vad
[13:04] {Les} there goes wfmi
[13:04] {Threei} no jf, sorry
[13:10] {nemo} might get a bounce around .70 on rimm 200 ma
[13:15] {_jfjf64} fcx
[13:15] {nemo} broke alreay
[13:15] {dino} hsii thinny, sm l .99
[13:16] {_jfjf64} y
[13:16] {nemo} aig break of .90 stop .80?
[13:17] {Threei} I wouldn't
[13:17] {nemo} Whyyyyyyyyyy?
[13:17] {Threei} I can't have my shiny toy today - nor can you
[13:17] {nemo} I'm having a bohica week...don't worry about it
[13:18] {_jfjf64} bohica
[13:19] {nemo} dcc jf
[13:19] {_jfjf64} dcc
[13:19] {nemo} you on mirc?
[13:20] {Threei} {_jfjf64} mirc
[13:20] {_jfjf64} n
[13:20] {nemo} oh
[13:20] {nemo} email please
[13:20] {fernp} AIG breakdown, vad?
[13:20] {Threei} not here
[13:20] {Threei} AIG...
[13:20] {Threei} hmmm
[13:21] {Threei} not sure fern
[13:21] {fernp} ok
[13:21] {Threei} chart is right,
[13:21] {Les} dino, watchya doing with ATHN? still long?
[13:21] {Threei} I am just hesitatnt to repeat the playh 40 cents lower
[13:21] {nemo} look at bids at .80
[13:21] {fernp} i understand. ty
[13:22] {Threei} we are mostly in the ranges at this time of the day, trend cpontinuing for so long makes me uneasy about follwoing it
[13:22] {Threei} chances for a sharp snapback stopping us out are simply too high
[13:24] {Threei} Seaworld guy calls Tillikum "contributing member of a team"
[13:25] {Les} well he does contribute live reality TV gore...
[13:25] {dino} yes les
[13:26] {Les} ty. s .39 for a scalp
[13:26] {dino} stop is break of lod
[13:26] {Les} ok. I want out just before lod
[13:26] {dino} nuva spike
[13:27] {dino} aetna will pay for device
[13:28] {Threei} NUVA Announces Insurance Provider Policy Reversal to Cover XLIF(R)
[13:28] {Threei} Aetna changed its spinal surgery policy to include coverage for the eXtreme Lateral Interbody Fusion... (37.24, +7.55, 25.43%) more...
[13:28] {Threei} UAUA... I hate this thing
[13:30] {nemo} aig break of 25 big offer?
[13:30] {nemo} no volume on this climb though
[13:30] {Threei} yeah, not sure
[13:31] {fernp} NUVA, any news?
[13:31] {Threei} look above fern
[13:31] {nemo} such a liquid stock, that offer might just be bait
[13:31] {fernp} sorry
[13:31] {Threei} Fed's Tarullo: Financial reform legislation must correct the too big to fail issue; disagreement remains on the issue
06[13:31] * nemo slaps fernp around a bit with a large fern
[13:31] {nemo} too much sangria
[13:31] {fernp} a large fern ummmm!!!
[13:32] {Threei} sprinckled with bacon?
[13:32] {Threei} an no carrot juice
[13:32] {nemo} you're a gentlemen fern
[13:32] {nemo} yeah, that break was valid
[13:32] {Threei} simply market following nemo
[13:32] {Threei} see suden SPY spike?
[13:33] {nemo} sure
[13:35] {Threei} I want one more win
[13:35] {Les} fcx at hod
[13:35] {Threei} then my weekend will be complete with:
[13:35] {fernp} me too, Vad
[13:35] {Threei} -3 weeks of winning days in a row,
[13:35] {Threei} - canada winning gold in hockey,
[13:35] {Threei} - new car
[13:36] {Threei} not too shabby of a weekend
[13:36] {Les} sounds like life is good
[13:36] {Threei} bearable
[13:36] {Threei} but I also have some Grey Goose in the fridge to make it good
[13:36] {fernp} i can't find anything convincing
[13:36] {Les} ATHN lod
[13:36] {Les} broken
[13:37] {Threei} have time still fern
[13:37] {Threei} don't want to press, waiting for as sure thing as possible
[13:37] {Threei} like that AIG short
[13:37] {fernp} sure :-)
[13:37] {dino} athn stopped
[13:37] {Threei} I also need time to swear at UAUA
[13:37] {Les} you have made me money vad
[13:37] {Threei} in russian
[13:37] {Les} but have lost learning to play with dino's type of play
[13:38] {Les} has been useful learning, despite cost
[13:38] {Threei} learning costs
[13:38] {dino} havard education
06[13:39] * Threei slaps gen around a bit with a large greeting from la-la land of blooming lotuses and Olynpic Games
[13:40] {dino} clw gap fill
[13:41] {nemo} fcx might be setting up a short
[13:44] {fernp} FAZ double bottom?
[13:44] {nemo} fas double top...
[13:46] {dino} sm l .00 clw wide risky
[13:47] {nemo} today
[13:58] {Les} nuva's moving
[13:59] {Les} ugh, ugly spread
[14:00] {strider} KO
[14:00] {Threei} {NUVA} excuse me for not being up to your aestetic standards
[14:00] {Les} should have had confidence to take it. but will wait until I grow up...
[14:00] {Les} one day I want to be like magoo
[14:01] {dino} lol
[14:01] {nemo} o.k. reminds of a line from a movie...
[14:01] {Threei} dino barely handles one of those
[14:01] {nemo} "Fat, lazy, and stupid is no way to go through life, son."
[14:01] {Threei} last thing he wants is a clone
[14:01] {Threei} rofl
[14:01] {nemo} Dean Wormer
[14:02] {Les} wait, checking
[14:02] {Les} not your animal house again
[14:02] {dino} yes
[14:02] {Les} didn't you grow up and leave college? :)
[14:03] {nemo} twice
[14:05] {Threei} lol... nemo is in rare shape today
[14:05] {strider} I hear that 3 times is a charm, nemo.
[14:05] {nemo} "I don't want to be Mr. Pink
[14:05] {nemo} "
[14:05] {Threei} reservoir dogs
[14:05] {strider} I have no idea what that means.
[14:05] {nemo} so what..nice vad
[14:08] {dino} cit
[14:10] {Les}
[14:10] {Les} thems my type of girls
[14:11] {larisa} both under legal drinking age :)
[14:12] {nemo} not in switzerland
[14:12] {Les} how old you gotta be for a beer?
[14:12] {larisa} 19 in Canada?
[14:13] {dino} athn lod
[14:13] {larisa} sport event and smoking/drinking. real Olympic spirit
[14:14] {fernp} lol
[14:19] {ese} EYUOIPO[
[14:20] {strider} Looks like Greek to me.
[14:20] {ese} opps....thts my head hitting the keyboard
06[14:20] * nemo slaps ese around a bit with a large bottle of lithium
[14:21] {larisa} this is better : best hockey player, what a beauty :)
[14:21] {Les} hahahaha
[14:22] {nemo} How'd you get a picture of Les?
[14:22] {larisa} I know people
[14:23] {strider} Larisa, I think we know the same people.
[14:23] {larisa} lol
[14:25] {strider} JASO hugging $5
[14:25] {Les} NUVA could be good for a 38 b/d?
[14:25] {Les} been playing it. not an easy customer
[14:29] {Les} how does changing insurance policy for surgery merit such volatility?
[14:33] {dino} they will re-imburse users. prior they would not, so docs would not recommend
[14:34] {Les} ah ok
[14:39] {strider} Question, Master vad:
[14:39] {strider} What do you think about ORCT as an overnight? Can find no news.
[14:41] {Threei} lemme look
[14:41] {strider} Resistance on daily back in Oct.
[14:42] {Threei} I've no idea strider
[14:42] {Threei} it can do whatever
[14:43] {strider} Are your overnights usu. backed up by news?
[14:43] {Threei} not necessary
[14:44] {Threei} but there is no setup on daily either, just a long green candle
[14:44] {Threei} and volume spike
[14:44] {Threei} can be euphoria just as well
[14:44] {strider} True. and strung out on the 3rd day of climb.
[14:46] {strider} Probably too late.
[14:59] {ese} my screens have totally stopped.......don't remember seeing it like this before...calm before the storm per chance
[14:59] {Threei} yes but I don't think storm will come today
[14:59] {Threei} Friday...
[14:59] {ese} Well then.......i'll see you all on Monday
[14:59] {Threei} okay :)
[14:59] {Threei} have a good one
[14:59] {billyc} cya ese
[14:59] {Les} ciao bon weekend
[14:59] {dino} cya es
[15:00] {fernp} bye ese
[15:00] {ese} take care vad, billy dino les
[15:00] {ese} fern
[15:02] {Threei} in case market breaks higher:
[15:02] {Threei} Long Setup: X .10 break
[15:02] {Threei} if stays above 53
[15:03] {larisa} huh, was drawing trendline to see the breakpoint when you typed :)
[15:04] {Threei} do we agree?
[15:04] {larisa} yes, but i doubt it will break
[15:05] {Threei} that's not a concern really... no break, no trade
[15:06] {larisa} why, it can be a short off 53 if no trend break :)
[15:06] {larisa} oops
[15:06] {Threei} sure
[15:10] {Threei} look at frikin WFMI
[15:10] {nemo} yeah
[15:10] {Threei} goes for that 36 I caqlled - after rudely shaking us out
[15:12] {larisa} so boring, better go watch Olympics while it lasts :)
[15:12] {Threei} nothing's on right now
[15:12] {larisa} not even curling???
[15:13] {Threei} wait
[15:13] {Threei} USA Finland
[15:13] {Threei} hockey
[15:13] {Threei} curling can watch itself, I'll pass
[15:13] {nemo} ahhhh....X
[15:13] {larisa} X just ranging
[15:14] {Threei} VPHM...
[15:14] {Threei} just broke .45 and back into support
[15:14] {Threei} if market breaks, may stage last run
[15:16] {Threei} US leads 2:0
[15:17] {_jfjf64} sorry just got bk x still valid vad
[15:18] {Threei} I doubt it
[15:25] {Threei} 4:0
[15:29] {Threei} 6:0... this is getting ridiculous
[15:29] {larisa} look for a trade
[15:29] {Threei} I need another entertaiment
[15:30] {Threei} I do
[15:30] {Threei} VPHM is tghe only thing more or less looking like one
[15:30] {larisa} market is slow like russians while playing Canadians
[15:31] {strider} If VPHM is entertaining you, you need higher standards.:)
[15:31] {Les} NUVA trying to make 40. lot of resistance
[15:31] {larisa} lol
[15:31] {Threei} lol
[15:32] {Threei} if this is how I see fun, I need either look up this word or get out more often
[15:32] {dino} out clw .40 ave, +.41
[15:32] {dino} opps +.40
[15:32] {_jfjf64} nice
[15:32] {Threei} wtg
[15:32] {dino} thx, tuff to get out of
[15:35] {Threei} White House Press Sec: Obama to make announcement next week on path for health care reform
[15:36] {Threei} read: ramming down your throat is coming
[15:36] {_jfjf64} gv it a rest obama
[15:37] {dino} please
[15:38] {Threei} not going to happen jf
[15:39] {Threei} his view is: if you are against it, that's because you don't understand; if he did anything wrong it was not expmaining enough
[15:39] {Threei} 'cause you know, when your counterpart is stupid you have to explain twice
[15:39] {_jfjf64} explain pls
[15:40] {Threei} lol
[15:40] {_jfjf64} lol
[15:41] {dino} darn clw
[15:48] {Threei} JP) 7.3 magnitude earthquake strikes near Ryukyu Islands chain in southern Japan
[15:48] {nemo} Okinawa
[15:49] {fernp} bad week here. Have a nice weekend everybody.
[15:49] {Les} ciao fern bon weekend
[15:49] {_jfjf64} see ya
[15:49] {billyc} cya fern
[15:49] {Threei} take care fern
[15:49] {dino} cya fern
[15:50] {dino} out hsii +.03
[15:51] {_jfjf64} im packin it up also great being back in room ty vad see all on monday
[15:51] {billyc} cya jf
[15:51] {Les} ciao jf
[15:53] {Threei} okay guys, second half of the day is all but empty
[15:53] {nemo} cya
[15:53] {Threei} let's have a good weekend
[15:53] {Threei} see you on Monday
[15:53] {billyc} gn all have a great weekend
[15:53] {larisa} bye :)
[15:54] {Les} you too. have fun with your toy 4x4
[15:54] {Threei} 4x4?
[15:54] {Threei} it's AWD
[15:54] {Les} the nissan isn't 4WD
[15:54] {Threei} 4x4 referes to constant engagement of all 4 wheels
[15:55] {Les} so does AWD doesn't it?
[15:55] {Threei} AWD is front wheel drive when road conditions are fine,
[15:55] {Threei} switches to 4 when slipperuy
[15:55] {Les} automatically?
[15:55] {Threei} asnd computer distributed engagement
[15:55] {Threei} from 90/10 to 50/50
[15:55] {Threei} yes
[15:55] {Threei} or you can do it manually
[15:56] {Les} whatever
[15:56] {Les} have fun
[15:57] {dino} out swm .91 -.09