RealityTrader Trading Log

Tuesday, March 2, 2010

Mar 02 2010

Nice first half of the day, mostly dead afternoon - just another day in the office. SQNM, AIG, SEED, SPLS were among notable movers.

Session Time: Tue Mar 02 00:00:00 2010

[07:19] {_jfjf64} mornin
[07:37] {Threei} CRAY Custom Engineering Group to Work With Microsoft Research on Cloud Computing
[07:37] {Threei} CRAY today announced its custom engineering group will work with Microsoft Research to explore and prototype a system that could provide a glimpse into the future of cloud computing infrastructure. The initiative represents the custom engineering group's first breakthrough into the commercial market.
[07:37] {Threei} - The objective of the technology development initiative is to design a supercomputing architecture that dramatically lowers the total cost of ownership for cloud computing data centers. Cray's custom engineering group will design a system infrastructure that combines super efficient power delivery, high-density packaging and innovative cooling technologies. This solution is intended to significantly reduce facility, power and hardware costs.
[08:16] {Threei} Dendreon Corp Hearing Favus Institutional Research making cautious comments (timing uncertain)
[08:16] {Threei} - Note: DNDN management will present at the 12th Annual BIO CEO and Investor Conference in New York City on Tuesday, February 9, 2010 at 2:00 p.m. E.T.
[08:30] {Threei} GR) Greek govt spokesman: Greece to announce austerity measures tomorrow
[08:30] {Threei} finally.. suspense is killing me
[08:30] {nemo} sounds like a vaseline shortage coming
[08:45] {Threei} Tuesday, March 02, 2010 8:44:46 AM
[08:45] {Threei} Preview: Feb US Vehicle Sales numbers expected throughout the day from major auto makers
[08:45] {Threei} **consensus estimates y/y:
[08:45] {Threei} - Ford (Noon ET): +33%
[08:45] {Threei} - GM (09:45ET): +20%
[08:45] {Threei} - Chrysler: -18%
[08:45] {Threei} - Toyota: -10%
[08:45] {Threei} - Honda: +24%
[08:45] {Threei} - Nissan: +38%
[08:45] {Threei} {--- proud to contribute to Nissan's success
[08:54] {Threei} DNDN Hearing Deutsche Bank making positive comments (timing uncertain) (32.51, 0.00, 0.00%)
[08:58] {dino} gm all
[08:59] {Threei} dino :)
[09:01] {Les} hi dino, vad
[09:01] {Threei} les :)
[09:01] {nemo} haroo
[09:01] {_jfjf64} mornin my trading family
[09:02] {Les} hi mom
[09:02] {Threei} jf :)
[09:02] {nemo} mmmhhhh...shall we call Les Oed
[09:02] {_jfjf64} les is funny guy
[09:02] {_jfjf64} lol
[09:03] {Les} Nemo brings the worst out of me jf
[09:03] {nemo}'s my fault
[09:03] {nemo} my ex said it was my fault she gained weight...go figure
[09:03] {Threei} nemo does that to people
[09:04] {Threei} I distinctly rwemember the boat where he brought the alcoholic out of me
[09:04] {nemo} actually I'm very good at helping people's souls transition to their next incarnation
[09:04] {Raven} cough
[09:04] {Threei} lol
[09:05] {fernp} Good morning everybody
[09:05] {Threei} fern :)
[09:06] {billyc} gm all
[09:06] {Threei} billy :)
[09:06] {billyc} vad
[09:07] {Threei} DNDN's active and volatile this morning
[09:09] {ese} good morning
[09:09] {Threei} ese :)
[09:09] {billyc} ese
[09:09] {Les} ese, billy
[09:10] {Les} fern
[09:10] {billyc} les
[09:10] {Les} and even a good morning to Raven, who is always as quiet as a ....
[09:10] {Les} Raven?
[09:11] {ese} les...billy
[09:11] {Les} a mouse?
[09:11] {Les} a serious trader? (unlike myself)
[09:12] {Les} I'll shut up now
[09:12] {nemo} that should last about 30 seconds
[09:13] {Raven} mourn to you Les
[09:13] {Les} morning, or mourning?
[09:13] {Raven} yes
[09:13] {nemo} wow, lasted 1 minute
[09:14] {billyc} lol
[09:14] {Threei} improved self-control, ya know
[09:14] {nemo} better than me
[09:15] {Threei} SQNM Cantor Fitzgerald Raised SQNM to Buy from Hold, price target: $16
[09:15] {Threei} wow
[09:15] {Threei} sweet target
[09:16] {ese} ya.....but can it get there
[09:17] {Threei} no but can be scalped on the way
[09:19] {ese} indeed
[09:20] {larisa} gm :)
[09:20] {Threei} larisa :)
[09:21] {larisa} vad :)
[09:22] {Les} hi larisa. SQNM going for gold...
[09:23] {larisa} les :)
[09:24] {lasertrev} morning
[09:24] {Threei} trev :)
[09:25] {ese} laris LT
[09:25] {billyc} trevor larisa
[09:25] {lasertrev} hi:)
[09:27] {ese} what do you make of dndn this morning vad
[09:28] {ese} was thinkin .60 break but it's far exceeded that
[09:28] {Threei} will be a widowmaker
[09:28] {ese} gotcha
[09:28] {Threei} presentation on March 9,
[09:28] {nemo} mon popping
[09:28] {Threei} one downgrade and one upgrade
[09:29] {ese} thats the term they used for russian sailors who were on submarines wasn't it?
[09:29] {ese} widow maker
[09:29] {Les} .75 break on sqnm?
[09:29] {Threei} I'd prefer pullback, but who knows, hot thing
[09:32] {Threei} pullback is coming
[09:32] {Threei} let's see if we get 7.70 or so
[09:32] {Threei} ideally would be entry near .70 with stop under .60
[09:33] {Threei} keep half lot ready
[09:33] {Threei} will be awfully fast when bottoming
[09:33] {nemo} MAGS!
[09:34] {magoo} HEY
06[09:34] * Threei slaps magoo around a bit with a large "WHERE HAVE YOU BEEN!" banner
[09:34] {magoo} i needed a break, but im back now
[09:34] {Threei} finally
[09:34] {magoo} first break since i joined
[09:34] {Les} no more snow to shovel?
[09:35] {Threei} get ready guys
[09:35] {Threei} here comes last leg of pullback
[09:35] {Threei} fast players only
[09:35] {magoo} which one?
[09:35] {Threei} SQNM
[09:35] {nemo} sqnm
[09:35] {magoo} ty
[09:36] {Threei} not yet
[09:36] {Threei} AIG btw
[09:37] {magoo} yea
[09:37] {Threei} keep half lot ready as well
[09:37] {Threei} not ready either, just ruined double bottom setup
[09:37] {Threei} well, SQNM
[09:38] {Threei} .90 break...
[09:38] {Threei} less athusiastic about it
[09:38] {Threei} would still prefer deeper pullback
[09:38] {Threei} but if holding .80 and breaks .90, valid play
[09:39] {Threei} 1:1
[09:39] {_jfjf64} ty
[09:39] {Threei} yw
[09:39] {fernp} ty Vad
[09:39] {Threei} just a scalp
[09:39] {billyc} thanks
[09:39] {Threei} not enough pullback for me to risk for more
[09:39] {magoo} ty vad
[09:40] {magoo} 03 out
[09:40] {Les} aig
[09:40] {magoo} ES:)
[09:40] {Threei} welcome sir - consider it my greeting for you
[09:40] {Threei} crap, missed AIG
[09:40] {magoo} you know i want much more right lol
[09:40] {Threei} but of course
[09:40] {magoo} some things do NOT change
[09:40] {Threei} but let's start slowly
[09:40] {dino} gj
[09:40] {magoo} watching AIG
[09:41] {Threei} was thinking of AIG .30 break, and couldn't decide
[09:41] {_jfjf64} magoo ya bring out best in vad
[09:41] {Threei} lol
[09:41] {Threei} ok, SQNM tries to turn into serious momo
[09:41] {Threei} let's try for entry un pullback under .10
[09:41] {Threei} as close to 8 as possible
[09:42] {Threei} AIG, entry around .35
[09:42] {Threei} half lot!
[09:42] {Threei} don't go xcrazy on size, these moves can be a killer
[09:43] {_jfjf64} ba
[09:44] {Threei} wow... SQNM not letting us in
[09:44] {nemo} aig has support at .45 too
[09:45] {Threei} I seriously hate to chase this kind
[09:45] {nemo} what sqnm?
[09:45] {Threei} they tend to reverse on you just when you give up on wasiting for pullback and hit buy
[09:45] {nemo} then let's find something else
[09:45] {Threei} AUG is getting there
[09:46] {Threei} General Motors Corp Reports Feb US Vehicle Sales +32% v +20%e; to 138K units
[09:46] {Threei} OK, AIG, first strength
[09:46] {Threei} stop under .20
[09:46] {Threei} in .33
[09:46] {nemo} oops
[09:48] {Threei} half lot, about 15 cents risk
[09:48] {magoo} in .29
[09:48] {Threei} looks good for try
[09:48] {Threei} if double bottom scenario works, should be fine for .60 at least
[09:48] {dino} rino
[09:49] {Threei} stopped
[09:49] {nemo} if aig loses low look for it to bounce at .10
[09:50] {Threei} I think lower nemo
[09:50] {nemo} i said bounce...could be on the way down the cliff though
[09:50] {Threei} SEED?
[09:51] {magoo} stop
[09:51] {Threei} no news that I see
[09:51] {ese} dino what do you think of spls
[09:52] {dino} on screen
[09:52] {dino} would like close to db on it
[09:52] {Threei} come on already SQNM
[09:53] {ese} tks
[09:54] {ese} mrkt slowly loosing life.......
[09:55] {dino} snda sm l .10
[09:56] {ese} nice dino
[09:57] {billyc} gj
[09:57] {dino} so far
[09:57] {dino} feels like yesterday
[09:57] {strider} long TM .07
[09:57] {Threei} Long Setup: ENER on pullback under .40
[09:57] {strider} long KO .35
[09:57] {Threei} stop under .35
[09:59] {magoo} SNDA nice dino
[09:59] {magoo} ou6t .54
[09:59] {dino} ty
[09:59] {Threei} wtg
[09:59] {Threei} AIG serious hit
[10:00] {dino} stop is .50
[10:00] {Threei} SEED again...
[10:01] {magoo} [09:42] {&Threei} AIG, entry around .35
[10:01] {magoo} [09:42] {&Threei} half lot!
[10:01] {magoo} [09:42] {&Threei} don't go xcrazy on size, these moves can be a killer
[10:01] {nemo} sqnm forming bull flag?
[10:01] {magoo} great example vad
[10:01] {Threei} oh yeah, you don't control risk on these ones, you are dead
[10:01] {dino} out +.42
[10:02] {Threei} I doubt it nemo
[10:02] {Threei} it's a momo mover
[10:02] {Threei} if it loses mojo, it's dead
[10:02] {ese} L qqqq .70
[10:02] {Threei} it needs nice pullback to reignite the passion
[10:04] {ese} stop .65
[10:05] {Threei} Long Setup: AIG .70 half lot
[10:05] {nemo} I've got a support line on aig at .50 for some reason
[10:06] {magoo} in
[10:06] {dino} spls es
[10:06] {Threei} DNDN FDA Spokesperson: DNDN is not expected to face FDA advisory panel
[10:06] {Threei} *** (31.95, -0.56, -1.72%)
[10:06] {Threei} hmm?
[10:07] {Threei} pre-approved??
[10:07] {Threei} feel free to take profit on AIG
[10:08] {Threei} 1:1
[10:08] {dino} cacc, thinny, wide
[10:08] {Threei} DNDN will eat shorts for breakfast now
[10:08] {ese} nice one boys....just wasn't fast enough
[10:08] {Threei} mags in fine shape despite sabbatical
[10:09] {Threei} if he gets this kind of lighteningly fast entries
[10:09] {ese} tks dino
[10:09] {Threei} can't call DNDN guys, this is not technical move at all
[10:09] {ese} thoughts?
[10:10] {Threei} pure momo
[10:10] {ese} spls
[10:10] {nemo} sqnm coming into support
[10:10] {Threei} here is full text, see if you can make sense of it:
[10:10] {Les} in dndn .51 out .80 ty vad
[10:10] {Threei} Dendreon Corp Reportedly FDA comments that DNDN will not have to go before another FDA advisory panel for Provenge; confirms FDA PDUFA action date is May 1
[10:10] {Threei} ***Note: Earlier today there was an analyst note that suggested that investors should sell DNDN.
[10:10] {dino} spls l .05
[10:10] {Threei} FDA PDUFA action date is May 1 _ I don't know what that means
[10:11] {dino} syke
[10:11] {dino} ntri
[10:11] {Threei} analyst that suggested sell this morning will spend next couple weeks in a godhouse I suppose
[10:11] {dino} ioc
[10:11] {nemo} ioc
[10:12] {Threei} SQNM slid where I wanted it to, but is too slow still... not ready for bounce
[10:12] {Threei} umm
[10:12] {nemo} helluva' stop on ioc
[10:12] {Threei} godhouse = doghouse
[10:12] {nemo} outhouse
[10:12] {Threei} lol
[10:12] {Les} ah. that sounds better
[10:12] {dino} huh? ioc, not in, watching
[10:12] {magoo} out aig .91
[10:12] {magoo} ty
[10:13] {nemo} understand, helluva stop on it where it is
[10:13] {Threei} welcome... don't oversit them mags
[10:13] {dino} ok
[10:13] {Threei} Fed's Hoenig: Reaffirms Fed should not guarantee markets an 'extended period' of low rates; longer rates 'will take care of themselves' - CNBC interview
[10:13] {Threei} - feels that the Fed cannot go to 1% interest rate without causing issues, but believes the economby is strong enought to digest a 1% fed funds rate when it gets there
[10:13] {Threei} - expecting growth at slightly more than 3%, which should help employment; Fed must become prepared to raise rates as "1% is not tight"
[10:13] {Threei} - Note: At the last meeting Hoenig dissented, seeking removal of 'extended period' language
[10:13] {dino} tighten spls to .99
[10:13] {dino} mt drop
[10:14] {nemo} big volume just came into ioc
[10:14] {dino} snda hitting yesterdays lod
[10:14] {Threei} ENER, a little more...
[10:14] {Threei} this is scalp type I play
[10:15] {Threei} ese's kind
[10:16] {larisa} should not type 1 have volume? or ese willl easy double the volume :)
[10:16] {ese} tks vad....just noticed...what are you thinkin
[10:16] {nemo} ioc just bolted
[10:16] {Threei} .35 support to placew stop under it, ese,
[10:17] {Threei} want long between .35 and .40, wherevr iot strengthens,
[10:17] {Threei} with exit around .45
[10:17] {Threei} lol larisa
[10:18] {Threei} it has a lot of liquidity
[10:18] {Threei} VXX,
[10:18] {Threei} watch for long entry around .40
[10:18] {nemo} wow, ioc buck in 3 minutes
[10:19] {Threei} udeally .35 even
[10:19] {dino} ntri l .25
[10:19] {Threei} SQNM played out from under .10
[10:19] {Threei} I didn't have enough conviction for a call
[10:20] {nemo} bounced right of 50 ma
[10:20] {dino} out ntri .42, +.17
[10:21] {dino} nemo, what the f# ioc?
[10:21] {nemo} yeah, gave no warning, just popped
[10:21] {dino} stopped spls -.06
[10:22] {nemo} ntri
[10:22] {nemo} sorry
[10:23] {Threei} SEED... what the deuce?
[10:23] {Threei} anyone see any news?
[10:23] {dino} stewie
[10:23] {Threei} this one doesn't really move without news normally
[10:23] {fernp} not news here, vad
[10:24] {Threei} AIG Fitch affirms BBB ratings on AIG, outlook developing; AIA placed on watch postiive (24.71, -1.07, -4.15%)
[10:28] {dino} thin sm l swm .86
[10:29] {Les} SPLS approaching lod
[10:29] {dino} db or death?
[10:29] {Les} waiting with bated breath
[10:30] {Threei} I'd label it as possible multiple try,
[10:30] {dino} spls l .88
[10:30] {Threei} .90 break with stop under .80 first attemot
[10:31] {_jfjf64} ???
[10:31] {Threei} Market Internals update at 10:30amET
[10:31] {Threei} - NYSE volume 205M shares, about 15% below its three-month average; advancers lead decliners by 1.9:1.
[10:31] {Threei} - NASDAQ volume 660M shares, about 30% above its three-month average; advancers lead decliners by 1.5:1.
[10:31] {Threei} - VIX index -0.75% to just over 19.00
[10:31] {Threei} jf?
[10:31] {dino} naz vol lately
[10:31] {Threei} Long Setup: SPLS .90 break if stays under .80, and be ready for multiple tries; don't touch it if you aren't
[10:32] {_jfjf64} ty
[10:32] {Threei} this way is easier? :)
[10:33] {dino} you just did not explain it obama
[10:33] {dino} :)
[10:33] {Threei} lol
[10:33] {Threei} meanie
[10:34] {dino} indeed
[10:34] {Les} snda
[10:35] {nemo} Long Setup: SPLS .90 break if stays under .80,
[10:35] {nemo} ???
[10:35] {nemo} you mean above .80 right?
[10:36] {dino} tough crowd today
[10:36] {Les} nemo is bored I think
[10:36] {Threei} sigh
[10:36] {nemo} no..not making any assumptions
[10:36] {Threei} yes
06[10:36] * magoo slaps nemo around a bit with a large trout
[10:36] {magoo} been awhile
06[10:36] * nemo bliss
[10:36] {dino} ntri bummer
[10:36] {Les} haha taste of your own medicine
[10:36] {magoo} felt good
[10:36] {Threei} lol
[10:36] {nemo} shut up les...Magoo's been trouting me for awhile
[10:37] {dino} swm going upstream
[10:37] {Threei} get a room you two
[10:37] {Les} I'm rooting for him cause I can't trout you
[10:39] {magoo} these two been bickering while i was away vad?
[10:39] {nemo} nah
[10:39] {Les} Nemo was lonely without you Mags
[10:39] {nemo} Les sticks his chin out...I whack it
[10:40] {dino} snda sm l .65
[10:41] {Threei} I don't know if bickering is right word mags...
[10:41] {Les} not sure if sqnm wants to bounce here
[10:41] {Threei} it's a kind of thing that ends either in murder or marriage
[10:42] {nemo} I prefer the former
[10:42] {Threei} don't you always
[10:42] {nemo} consistency
[10:42] {Threei} HIG Hearing strength attributed to renewed takeover chatter
[10:42] {Threei} - Rumors again mention that Allianz is interested party (25.12, +0.31, 1.25%)
[10:42] {magoo} in snda
[10:42] {ese} L seed .50
[10:43] {magoo} with dino
[10:44] {Les} ATHN
[10:44] {Threei} ese... look at ENER
[10:44] {Threei} did we miss it by just one cent?
[10:44] {dino} stop on snda is .43
[10:46] {Les} ooh yeh sqnm bounced
[10:46] {Threei} Long Setup: AIG .95
[10:46] {dino} rino animal
[10:46] {magoo} here goes snda
[10:47] {ese} yes we did.....nice move ever
[10:47] {ese} ener
[10:47] {Threei} AIG invalidated
[10:48] {magoo} aig might be worth shot near .50
[10:48] {Les} sqnm has gone momo again
[10:48] {Threei} yeah, fire's rekindled
[10:50] {nemo} spls respecting the trend line
[10:50] {magoo} waiting snda .94
[10:50] {dino} swm stuck to .79
[10:50] {Threei} SQNM is officially momo
[10:51] {Threei} can't read it by technicals
[10:51] {Les} thanks dino for snda. out +.15
[10:52] {Threei} SPLS looks ready for bigger move now
[10:52] {nemo} volume strating to come in
[10:52] {Threei} 1:1
[10:52] {dino} spl(at)s moving
[10:53] {Threei} half out for me here
[10:53] {Threei} +.14
[10:53] {dino} stop to .99
[10:53] {Threei} .89 for me :)
[10:53] {_jfjf64} nice ty
[10:53] {billyc} gj
[10:53] {Threei} welcome
[10:54] {dino} to .05
[10:54] {ese} somebody give seed a hoof with a steel toed boot
[10:54] {Les} out spls. another good day. dino's example helping me to tighten up the play on his setups
[10:54] {dino} out +.17 spls
[10:54] {dino} happy to help
[10:55] {Les} yesterday contrary. buying at top and selling at bottom
[10:55] {dino} i am just a stingy bas#rd
[10:55] {Les} stingy and lucky are good
[10:55] {ese} inglorius not doubt
[10:55] {_jfjf64} piss off les
[10:56] {dino} snda troubles me tighten to .49
[10:56] {Les} hehe
[10:56] {_jfjf64} lol
[10:56] {Threei} you inspire us to become stingier and bastardier dino
[10:56] {_jfjf64} pcx .15 break
[10:56] {dino} infamous i've been called
[10:56] {Les} you still got your head in those Mediterranean skirts jf?
[10:56] {_jfjf64} easy
[10:57] {Les} ooops clouds I meant
[10:57] {dino} lol
[10:57] {_jfjf64} vad ya lk pcx
[10:57] {Threei} chart I like
[10:57] {Threei} what I don;'t like is time of the day,
[10:57] {_jfjf64} 5min
[10:57] {Threei} this is about whn breakout cease to work lately
[10:58] {ese} I want seed to have one of dem dare 4 dalla up type days
[10:58] {nemo} so, that means they'll start working :)
06[10:59] * nemo slaps strider around a bit with a large set of harley saddle bags
[10:59] {dino} fade the faders fade huh
[11:00] {nemo} african swallow, or european?
[11:00] {_jfjf64} pcx
[11:01] {_jfjf64} 1/1
[11:01] {billyc} gj jf
[11:01] {Les} nice one. missed the .15 break i wanted
[11:01] {nemo} How's it feel to want?
[11:01] {_jfjf64} went in .14
[11:02] {Les} I just go and drink a beer and its forgotten nemo
[11:02] {nemo} nice
[11:02] {_jfjf64} les im beginning to lk ya
[11:02] {_jfjf64} nemo piss off
[11:02] {nemo} hehehe
[11:02] {_jfjf64} lol
[11:03] {dino} lol
[11:03] {Les} I can see the Bahamas beer party already. somewhere down the road...
[11:03] {_jfjf64} dinooooooooooooo
[11:03] {nemo} amzn riding support
[11:03] {Threei} just tell me when you all are going to Bahamas
[11:04] {Les} no
[11:04] {nemo} here comes the punch line
[11:04] {Threei} so I make sure to go to Alaska that week
[11:04] {billyc} i live 30 mintues from there
[11:04] {nemo} ese...rim shot
[11:04] {nemo} alaska billy?
[11:04] {magoo} and vad are heading north
[11:04] {billyc} too cold
[11:04] {dino} stop snda -.16
[11:04] {magoo} out
[11:04] {ese} ba dap bap!
[11:04] {nemo} I'll send my evil twin
[11:04] {nemo} ty ese
[11:05] {Threei} and you haven't attended our Freeport seminar Billy...
[11:05] {ese} rim shot a little late ....better late than never
[11:05] {nemo} mmmhhh...fcx setting up short?
[11:05] {billyc} i will next time
[11:06] {Threei} PCX explosion
[11:06] {dino} maybe me too
[11:06] {Threei} nice find jf
[11:06] {_jfjf64} thats what i do
[11:06] {Threei} slideshow of this last one is still in the making...
[11:07] {Threei} previous one is at
[11:07] {nemo} that's back when my hair was short...
[11:07] {Threei} look it and tell me isn't it fun
[11:07] {nemo} bill does 1st class
[11:07] {Threei} tax deductible funm too
[11:09] {Threei} SEED woprks for you ese
[11:10] {Threei} lol... look at SPLS 1 min and compare spike tming qwith:
[11:10] {Threei} [10:52] {Threei} SPLS looks ready for bigger move now
[11:11] {dino} gj jf pcx
[11:11] {ese} out 1/2 seed .92 +.42 balance to break even
[11:11] {Threei} wtg
[11:11] {dino} wtg
[11:11] {dino} puk l .50
[11:12] {Threei} OK
[11:12] {Threei} let's try to find VXX entry
[11:12] {dino} higher low spls
[11:12] {ese} nahhhh for get it balance out .94 +.44
[11:12] {Threei} why not
[11:13] {ese} 12k of seed makes for a nice day
[11:13] {Threei} 45 cents is nothing to sneeze at
[11:13] {ese} nope
[11:13] {Threei} and at 12K lot it's nothing to even squint at
[11:13] {ese} indeed
[11:14] {dino} then i correct my wtg to wtfg
[11:14] {Threei} if I weren't that stingy and called ENER at .41, you'd take about 39K there, and pretty much feel set for the next two-three hours, expenses wise
[11:14] {ese} i'll take that wtfg
06[11:15] * magoo slaps ese around a bit with a large trout
[11:16] {ese} agady agady......
[11:16] {Threei} ese speaks martian...
[11:16] {ese} seed comes dn just as hard as it goes up
[11:17] {Threei} Long Setup: VXX .35 break
[11:17] {ese} thats from bugs bunny when one of the characters gets slapped a little
[11:17] {dino} tuck em in bugs
[11:17] {fernp} stop under .28?
[11:18] {Threei} for now, yes
[11:18] {fernp} ty
[11:19] {Threei} wanted to suggest modification and get .30 break, and was too late
[11:20] {Threei} that would be sweet entry, 3 cents stop
[11:21] {nemo} amzn downward wedge
[11:22] {dino} is that like downward dog
[11:23] {nemo} ?
[11:23] {Threei} rofl
[11:24] {ese} Laig .86
[11:25] {ese} out aig .96 +.10
[11:25] {ese} this is how work was meant to be
[11:25] {Les} sqnm possible support here
[11:26] {fernp} stopped VXX
[11:28] {Les} SNDA at 39
[11:28] {dino} watching it, need nemo for support line
[11:29] {Les} pivot support at 38.49
[11:29] {dino} i show 37.20, but thats a ways
[11:30] {dino} spls lod
[11:35] {Les} fcx bounce
[11:36] {dino} going for hod's
[11:36] {Threei} all such breaks in recent weeks failed
[11:37] {Threei} not spectacularly, just stalled... but enough to get any brewakout play stopped
[11:38] {Threei} not biting
[11:39] {dino} here it comes
[11:42] {dino} hmmm
[11:45] {Les} covering sqnm +.10
[11:45] {Les} vad, other day you said your intraday BB charts were set differently to daily charts
[11:45] {Threei} yes
[11:45] {Les} what was your intraday settings?
[11:46] {Threei} 13/1.7
[11:46] {Les} ty
[11:46] {Les} wow. that changes the dynamism of sqnm downward spike one minute ago.
[11:50] {magoo} back
[11:54] {magoo} hello?
06[11:54] * nemo slaps nemo around a bit with a large trout
[11:54] {Threei} we are not deaf, we are just ignoring you
06[11:54] * nemo slaps magoo around a bit with a large trout
[11:55] {magoo} ahhhhh...good
[11:55] {Threei} also, considering how long you were on sabbatical, you can't blame us for thinking you are just mirage
[11:55] {Threei} or hallucination
[11:55] {magoo} didnt think u guys had enough of me already after such absence
[11:55] {Threei} and we are afraid to talk to hallucination, for when they start answering you...
[11:57] {Threei} (US) House Committee requests information related to claim denials by healthcare companies
[11:57] {Threei} - Asks CEOs from Humana, Aetna, Wellpoint and UnitedHealth to testify at 3/23 hearing.
[11:57] {Threei} ****Reminder: On 2/24 HHS Secretary requested a March 3 meeting with CEOs of health insurers including WLP, UNH, CI, HUM and AET.
[11:57] {Threei} was there ever such widespread intrusion in business by goverment bodies in USA history?
[12:01] {Threei} F Reports Feb US Vehicle Sales +43.1% y/y v +33%e; to 142.2K units
[12:01] {Threei} - Total Truck and van sales % y/y to K units v +14.5% in Jan (39.7K units)
[12:01] {Threei} - F series pick-up s... (12.39, -0.02, -0.16%) more...
[12:01] {dino} two different theories at work 3i, the dems who want control
[12:01] {dino} and the republicans who want markets.
[12:01] {dino} problem is dems control the votes so swinging wide left
[12:02] {dino} i am w/john galt, "get out of the way"
[12:02] {Threei} even bigger problem is, when republocans get their way they squander it almost as effectively...
[12:02] {Threei} none of them gets out of the way
[12:03] {dino} agree that they all spend too much
[12:05] {dino} we've stalled in tight range
[12:06] {Threei} as always
[12:06] {Threei} Market Internals update at 12:00pmET
[12:06] {Threei} - NYSE volume 365M shares, about 15% below its three-month average; advancers lead decliners by 2.8:1.
[12:06] {Threei} - NASDAQ volume 1.21B shares, about 28% above its three-month average; advancers lead decliners by 2.1:1.
[12:06] {Threei} - VIX index -2% to just below 19.00
[12:07] {Threei} this phenomenon continues to amaze me
[12:07] {Threei} I don't think I've ever seen this, for such extended time
[12:07] {Threei} for months now, we have volume increasing on red days, drying up on green ones
[12:08] {Threei} yet uptrend is intact
[12:08] {dino} and tight range afternoons
[12:08] {Threei} aftrenoon tight ranges, yes...
[12:08] {Threei} but this is something that is simply to be taken into account,
[12:08] {Threei} incirporated in our strategy
[12:09] {Threei} so we don't overtrade at thiks time of the day
[12:09] {Threei} keep bets light
[12:09] {Threei} that volume pattern though, it's different
[12:09] {Threei} it goes against one of fundamental principles
[12:10] {Threei} which is no big deal if happens once in a blue moon
[12:10] {Threei} but it holds true for months
[12:11] {Threei} even without tracking day by day, look at SPY daily for instance
[12:11] {Threei} general volume-price configuration
[12:11] {Threei} you'll see what I mean
[12:13] {dino} snda sm l .00
[12:13] {Threei} if anyone can come up with any sensible explanation, feel free... cause I sure have none
[12:13] {nemo} wall of worry climb
[12:14] {nemo} market shouldn't be going up, so light buying moves it up
[12:14] {Threei} any bull market does that at the beginning stages
[12:14] {Threei} but this volume pattern is never this sustainable
[12:14] {dino} random dance market
[12:14] {nemo} what was the last depression you lived through?
[12:14] {dino} buy them higher sell them lower
[12:14] {Threei} lol
[12:15] {Threei} why do I need to live through depression to know chart patterns?
[12:15] {nemo} well, go study the chart volume patterns from that time
[12:15] {nemo} last year was "we're all gonna'die"
[12:15] {Threei} and who told you I ever came out of depression meeting you in 2007 caused?
[12:15] {dino} further, i feel as tho the investor is dead. these markets move on traders, days happen in minutes
[12:16] {nemo} nano-trading
[12:16] {nemo} there's a book in there
[12:16] {Threei} you measn you see this volume pattern in depression timnes?
[12:16] {Threei} then we look at different charts, I don't see anything like this
[12:16] {nemo} I don't know...just last year was quite an exception
[12:16] {dino} drop
[12:17] {nemo} fas pullback
[12:17] {Threei} ok, I take severe umbrage in this one:
[12:17] {Threei} [12:15] {nemo} well, go study the chart volume patterns from that time
[12:17] {Threei} you think I didn't, before asking the question?
06[12:17] * Threei slaps nemo around a bit with a large price-volume charts from 1930 to our days
[12:17] {dino} i think you are overthinking it. my gut says no investors just traders
[12:18] {Threei} it's true
[12:18] {Threei} but why is volume reversed?
[12:18] {dino} panic on any drop after '09
[12:18] {nemo} wall of worry
[12:18] {dino} brutal lesson learned, get out
[12:18] {nemo} yep
[12:19] {dino} investors would wait it out, investors are minority
[12:19] {ese} did they even have price charts back then
[12:19] {nemo} yes ese
[12:19] {nemo} all investors are gone
[12:19] {Threei} yes... they called them plates, for some reason
[12:20] {dino} shoot first on drops ask questions later
[12:20] {Threei} I guess I don't ask my question clearly
[12:20] {Threei} and it's not emopty curiosity
[12:20] {Threei} this is something we need to understand in order to read the direction
[12:21] {Threei} let me try again
[12:21] {Threei} yes, as you say, when fear overcomes greed, volume increases on red days
[12:21] {Threei} that's what such increase indicates:
[12:21] {Threei} more fear,
[12:21] {nemo} economically much fear right now
[12:21] {Threei} greed retreats
[12:22] {Threei} and volume on green days is less.
[12:22] {Threei} That's all normal.
[12:22] {Threei} What isn't normal:
[12:22] {Threei} when this pattern develops, we establish DOWNtrend
06[12:22] * nemo asks: "What is normal?"
[12:22] {Threei} not UPtrend
[12:22] {ese} seed....wha da ya think vad L maybe at .05
[12:22] {Threei} yet, having this volume pattern, we continue uptrend
[12:23] {dino} more fear than greed
[12:23] {nemo} Fear is still very high out there
[12:23] {Threei} ese, it's worth a try, but wether it works or not won't depend on technicals, rather on wheher momo players return
[12:23] {dino} economy in my area sucks, fear everywhere
[12:23] {Threei} yes
[12:24] {Threei} that's what volume idndicates
[12:24] {Threei} more fear
[12:24] {Threei} so why uptrend??
[12:24] {nemo} Lotsa' fear, but where else you gonna' put your money?
[12:24] {dino} so perhaps lower vol on up because no investors(fear), but the ones that are in sell drops fast
[12:25] {dino} right now, the cd's are getting the money but paying nothing (fear again over rides)
[12:25] {nemo} my take dino, lock in profit and begrudgingly buy upward]
[12:25] {Threei} NSANY Reports Feb US Vehicle sales (y/y): +29% v +38%e; to 70.2K units
[12:25] {Threei} - Reminder: Jan sales +22% to 65.5K units
[12:25] {nemo} also, with no place else to put money, nobody really selling
[12:26] {dino} sure, back to trader market only, no investors
[12:26] {Threei} what do you mean nobody really selling?
[12:26] {Threei} where does volume on red days coming from then?
[12:26] {Threei} if it all were just short term traders, volume would be roughly equal
[12:26] {nemo} people locking in profit
[12:27] {dino} traders/sellers. investors are gone, most traders are long only types, they sell fast
[12:27] {Threei} OK, I guess my english sucks... you guys don't hear me :)
[12:27] {dino} athn just exploded
[12:27] {dino} i hear you 3i, but nobody knows. my thoughts are fear on drops
[12:28] {dino} snda oput at .40, +.40
[12:29] {dino} i understand the dilema, i ask it too, but....
[12:29] {Threei} SNDK boumce candidate
[12:29] {dino} swm was stopped btw
[12:30] {Threei} fast dive to or just under .50 would be ideal
[12:30] {nemo} at yesterday's close
[12:31] {nemo} market looking weak
[12:31] {Threei} well, we have TV appearance coming
[12:31] {nemo} who?
[12:31] {Threei} guess
[12:32] {dino} hank reardon
[12:32] {nemo} male or female?
[12:32] {Threei} dino, get back in real wolrd, will ya :)
[12:32] {dino} :)
06[12:32] * nemo slaps dino around a bit with a large copy of Atlas Shrugged
[12:32] {dino} you guys did this to me
[12:32] {nemo} BSMF
[12:33] {Threei} sorry dino
[12:33] {nemo} and frankly...Ayn would be pissed at you for saying that
[12:33] {dino} no complaints, changed me
[12:33] {Threei} I find that book kind of litmus test
[12:33] {Threei} I find myself on the same side on many issues with those who like it
[12:34] {_jfjf64} hmm
[12:34] {nemo} FAS about to hit VWAP
[12:34] {nemo} and 200
[12:34] {dino} swm rinsed
[12:35] {gregns} now is not the time for sndk?
[12:35] {fernp} SNDK .70 break, Vad?
[12:35] {Threei} no... don't like it here
[12:35] {fernp} ok
[12:35] {gregns} okey dokey
[12:35] {dino} oh man, the meatloaf sandwich is under-rated. should make a meatloaf sub
[12:35] {Threei} if it goes from here, it's just one of those moves that I can't read
[12:36] {fernp} u can read everything :-)
[12:36] {Threei} but suppose it pulls back to .65 or so,
[12:36] {Threei} and return to .70 and breaks it, yes, that I'd see as a valid setup
[12:37] {fernp} yes understand, db scenario
[12:37] {Threei} yes, with higher low
[12:38] {Threei} as it is, it's just a move
[12:38] {dino} here's a thought on your volume question, could it be that some of the stocks that are in the indexes are above average, thus pulling everything else along
[12:38] {Threei} not everything moves in patterns, some moves are just that
[12:38] {Threei} hah
[12:38] {nemo} also have etfs...wonder what affect they're having
[12:38] {nemo} effect
[12:38] {Threei} that's interesting suggestion dino
[12:38] {nemo} influence
[12:38] {Threei} and you know what
[12:39] {Threei} pattern is drastically different for NYSE and NASDAQ
[12:39] {dino} other thing is some have been dropped from index (c, aig, etc)
[12:39] {Threei} that would influence volume now vs volume before they were dropped
[12:39] {Threei} not day by day now
[12:40] {Threei} but your first suggestion is very likely true
[12:40] {Threei} NYSE and NASDAQ represent different sectors,
[12:40] {Threei} and volume on NASDAQ was less impacted by this strange pattern
[12:40] {dino} the meatloaf trigger the thought
[12:40] {nemo} wow
[12:41] {Threei} NYSE with its heavy represenation of financials
[12:41] {Threei} could be
[12:41] {dino} we're onto something
[12:41] {nemo} how's your shoulder dino
[12:41] {Les} NO FOOLS it's the computers!
[12:41] {Threei} The Power of Meatloaf Thinking
06[12:41] * nemo slaps Les around a bit with a large lead pipe
[12:41] {dino} good title\
[12:42] {Threei} well, the implication is:
[12:42] {Threei} without breaking things by sectors and possibly even deeper, isolation of certain stocks with unusual heavy trading,
[12:42] {Threei} we can't rely on index volume
[12:43] {Threei} and I am too lazy to do those deep analysis
[12:43] {nemo} interferes with your drinking time
[12:44] {Threei} and with my non-thinking principles
[12:44] {Threei} (I prefer to call inabaility a principle, ya know)
[12:45] {Threei} so there we go: index movement is dicated by price changes, not volume-weighted,
[12:45] {Threei} most stocks move in unison and define index direction,
[12:45] {Threei} but some, where the fear is concentrated the most, have unusual big volume on down days
[12:45] {Threei} skewing the volume pattern.
[12:46] {dino} glad i could be of assistance
[12:46] {Threei} totally
[12:46] {Threei} you keep that meatloaf handy
[12:47] {dino} will do, good for once every other week
[12:47] {Threei} SCON Hearing MDB Capital analyst suggests SCON has been awarded a significant contract win from AT&T for data network equipment (3.35, +0.47, 16.32%)
[12:47] {Threei} another momo
[12:48] {Threei} PAH3.GE Reports US Feb vehicle sales at 1,531 units, about flat y/y
[12:48] {Threei} that's Porsche
[12:50] {dino} gmcr
[12:56] {dino} qsii
[12:56] {dino} spls lod
[13:00] {Threei} BLDP to Power SunLine Transit Agency Buses (2.35, +0.11, 4.91%)
[13:01] {Threei} fuel cells stock
[13:04] {dino} puk to .61
[13:04] {_jfjf64} rimm new h
[13:05] {strider} TM
[13:05] {Threei} TM Reports Feb US Vehicle Sales (y/y): -8.7% v -10%e; to 100K units
[13:05] {Threei} - reminder: Feb Sales -8.7% y/y at 98.8K units (74.48, +0.84, 1.14%)
[13:06] {dino} to .62
[13:08] {dino} out puk +.12
[13:11] {gregns} sndk
[13:11] {gregns} ?
[13:12] {Threei} not sure
[13:12] {Threei} can become a short on .60 breakdown just as well
[13:13] {gregns} ty
[13:14] {_jfjf64} qcom what up
[13:15] {Threei} QCOM Hearing positive comments being made at annual shareholder meeting; see revenues and EPS at the high end of prior expectations
[13:15] {Threei} - Note: on 1/27 QCOM Guided FY10 EPS $2.10-2.30 v $2.22e, R$10.4-11B v $10.6Be (38.03, +2.47, 6.95%)
[13:15] {Threei} US sets preliminary anti-subsidy duties of 4-13% on China, 17.5% on coated paper from Indonesia
[13:15] {Threei} - Notes still assessing whether to treat China's currency practices as a countervailing subsidy.
[13:15] {_jfjf64} ty vad
[13:16] {_jfjf64} wd of been nice at 37.00
[13:26] {fernp} PAY any read, Vad?
[13:28] {Threei} I am seriously torn fern
[13:28] {Threei} I like the chart
[13:29] {Threei} but how many of these worked lately on aftrenoons?
[13:29] {strider} [13:28] {&Threei} "I am seriously torn fern" ---vad, you probably just need to be re-potted.
[13:29] {fernp} yes, you are right
[13:30] {Threei} rofl
[13:30] {Threei} you guys in rare shape today
[13:30] {nemo} or keep the dog away
[13:30] {dino} spls sm l .50
[13:31] {_jfjf64} rimm vad
[13:33] {Threei} 50/50 jf
[13:37] {Threei} look at this paralysis
[13:37] {Threei} wehich way it resolves is a total coin toss
[13:37] {_jfjf64} lk the short now
[13:39] {Threei} wow
[13:39] {Threei} read this:
[13:39] {Threei} Fed's Hoenig: Very difficult to see asset sales this year as must prepare markets for policy change - CNBC interview exerpts
[13:39] {Threei} - asked how he would handle the exit strategy, Hoenig comments the Fed should "prepare the markets" over a period of months, then more toward unwinding and normalization measures over a period of "years."
[13:39] {Threei} Fed should "prepare the markets"?
[13:39] {Threei} #$*&^$kers
[13:42] {_jfjf64} tk look pcx
[13:43] {Threei} impressive
[13:43] {_jfjf64} up 1.00 from my entry
[13:44] {Les} SPLS bottom feed somewhere round here
[13:45] {nemo} no volume
[13:45] {Les} yeh that'd be key
[13:45] {_jfjf64} tell em nemo
[13:45] {Threei} SNDK is totally got away from me
[13:46] {Threei} twice
[13:46] {nemo} reminds me of a bad joke...but I can't remember it
[13:46] {_jfjf64} grrrrrrrrrrrr
[13:46] {nemo} not you jf
[13:47] {nemo} little volume creeping into spls
[13:47] {nemo} mon basing
[13:48] {nemo} volume increasing on spls
[13:49] {dino} ntri sm l .20
[13:49] {Les} OSIP
[13:50] {ese} gotta go all see ya tomorow.......
[13:50] {Les} ciao
[13:50] {_jfjf64} see ya es
[13:51] {dino} cya
[13:51] {billyc} cya ese
[13:51] {_jfjf64} no seed watchers
[13:52] {Les} fcx
[13:52] {Threei} NSANY Reports Feb US Vehicle sales (y/y): +29% v +38%e; to 70.2K units
[13:52] {Threei} - Reminder: Jan sales +22% to 65.5K units
[13:52] {Les} just doesn't wanna stop
[13:54] {Threei} X lags
[13:54] {Threei} in fact, doesn't want to go with market
[13:55] {Threei} if I wanted a trade, it would be short X on 58 break when market revreses back down
[13:55] {nemo} x looks like fas
[13:55] {Les} sqnm trying
[13:55] {_jfjf64} does that mean ya shorting
[13:56] {Threei} no colored call - discretionary
[13:56] {larisa} X still uptrending though
[13:56] {_jfjf64} pcx strong
[13:56] {Threei} you like - you take
[13:56] {Threei} I just describe it for those who want
[13:56] {fernp} NVDA .05 break, Vad?
[13:57] {Threei} too narrow fern
[13:57] {Threei} if you eant 5 cents scalp, sure
[13:57] {Threei} want
[13:57] {dino} qsii sm l break of .20
[13:57] {Threei} and jf, it's invalidated anyway
[13:57] {fernp} ty. that's what i want
[13:59] {dino} cx qsii
[14:00] {Les} SNDA may be reversing
[14:00] {Threei} Fed's Kocherlakota: Unemployment levels are uncomfortable
[14:01] {Threei} that's one way to put it
[14:01] {dino} especially for the unemployed
[14:01] {dino} ntri stop is .99
[14:02] {larisa} Kocherlakota??
[14:02] {Les} fed makes no pretense that its not run by mafia
[14:05] {nemo} kick me please vad
[14:05] {Threei} hmm?
[14:05] {nemo} do I need to repeat it?
[14:05] {Threei} I don't indulge masohists
[14:05] {Threei} I make them suffer by not indulging
[14:06] {nemo} no..for missing fcx at 77.55 I was looking at it when volume came in, said "nah, that's too obvious."
[14:06] {nemo} mon
[14:06] {nemo} volume coming in break of 72 interesting
[14:09] {Les} Nemo, you once mentioned white numbers on T&S is people trying to get out
[14:09] {Les} nice call on mon by the way
[14:09] {nemo} ty
[14:09] {nemo} can be white numbers are market orders
[14:09] {Les} what does this colour coding on T&S mean?
[14:09] {nemo} market orders
[14:09] {Les} green is buy?
[14:10] {Les} Red is sell?
[14:10] {nemo} green means somebody bought the offer
[14:10] {Les} what is yellow?
[14:10] {nemo} Red means somebody selling sold to the bid
[14:10] {nemo} yellow in your case is likely market orders
[14:10] {dino} ntri stop
[14:10] {larisa} yellow means too much carrot
[14:10] {Les} out MON +.20
[14:10] {Threei} msrket orders?
[14:11] {Threei} they can't be color coded
06[14:11] * nemo slaps larisa around a bit with a large peacock feather
[14:11] {Threei} DOJ has requested some Hedge Funds hold on to trading records with regards to Euro transactions - CNBC's Faber
[14:11] {Threei} - DOJ has not subpoenaed any individuals or companies
[14:11] {Threei} what the hell is going on
[14:12] {Les} crap. OSIP broke at same time as MON
[14:13] {Les}
[14:13] {dino} trying to make speculation illegal, crazy times
[14:13] {Les} Vad, can you help me decode this T&S chart please?
[14:14] {Les} yellow price means unchanged
[14:14] {Les} yellow vol. means unchanged
[14:15] {nemo} no it means in between bid and offer...likely market order
[14:15] {Threei} that's what your broker said?
[14:15] {Les} no just guessing
[14:15] {nemo} wtf
[14:15] {Threei} ok, you need their explanation of color agenda
[14:15] {Les} its broker specific is it?
[14:15] {Threei} I've no idea what they label as yellow
[14:15] {nemo} green means somebody bought the stock paying the offer]
[14:15] {Threei} for Laser it's simple
[14:16] {Threei} green - trade at offer price
[14:16] {nemo} red likely means somebody sold the stock for the bid
[14:16] {Threei} red - trade at bid price
[14:16] {Threei} white - inbetween
[14:16] {nemo} yellow is likely market/inbetween
[14:16] {Threei} why market?
[14:16] {Threei} inbetween - probably
[14:16] {Threei} but why it needs to be market?
[14:17] {Les} ok. will try to track it down. thanks anyway
[14:17] {nemo} doesn't need to be, but market orders will usually be the best available price
[14:17] {Threei} so will limit
[14:17] {nemo} good point
[14:17] {Threei} send at the offer, if there is hidden offer lower you'll get it
[14:18] {Threei} make this disctinction:
[14:18] {Threei} there is an order that hits someone else's one,
[14:18] {Threei} this is MARKETABLE order
[14:18] {Threei} don't confuse with market
[14:19] {Threei} marketable order can hit hidden one inbetweem
[14:19] {Threei} now, if you try to put in bid or offer at the current perice or beyond, but not between existing ones,
[14:19] {Threei} it's pyre limit
[14:19] {Threei} pure
[14:19] {Threei} and there will be no improvement
[14:20] {Threei} you'll get a fill only when someone hits you
[14:20] {Threei} what you'll get though with Laser is ECN rebate
[14:21] {nemo} fcx siting on resistance and trendline
[14:21] {nemo} sitting
[14:23] {dino} qsii sm l .15
[14:24] {strider} HIG, jb
[14:24] {nemo} is it trading?
[14:25] {dino} \sm l snda .25
[14:27] {Threei} sharp moves both directionms
[14:27] {nemo} what you say about pulling teeth last week?
[14:28] {Threei} to me, this week feels easier
[14:28] {nemo} it's only Tuesday
[14:28] {Threei} get your good trades early, then sit it out
[14:28] {Threei} wait for something big to happen
[14:28] {nemo} reminds of a woman I dated...spent a year with her one week
[14:28] {Threei} if you get lucky to get news early, fine
[14:29] {Threei} if not, sit and yawn
[14:29] {nemo} great...made me yawn
[14:30] {Threei} last week was tougher for me because period of morning activity was shorter
[14:30] {Threei} if day started with stop or two, it would take whole day to get out of it
[14:30] {Threei} this week so far at least, morning is a little longer
[14:31] {Threei} so there is more time to right things
[14:31] {Les} today was excellent for me
[14:31] {nemo} fcx 200 ma at .90
[14:31] {nemo} support at .95
[14:31] {Les} integrating dino's strategy
[14:31] {nemo} meatloaf?
[14:31] {Les} with your strategy
[14:31] {Threei} meatloaf with bacon then
[14:31] {Les} and doing it properly
[14:31] {nemo} vodka
[14:31] {Threei} sprinkle with carrot juice, and you are fine
[14:32] {nemo} homage to lari
[14:32] {Les} given which, I will quit while I am ahead and catch up on sleep. night all
[14:32] {Threei} take care les
[14:32] {nemo} from God
[14:33] {Les} just this once
[14:33] {nemo} hehehehe
[14:33] {Threei} greast
[14:33] {Threei} Chile quake shook Earth of its axis
[14:33] {nemo} saw that
[14:33] {Threei} day shortened by 1.26 microsecond
[14:33] {Threei} :(
[14:33] {nemo} fcx bounced on 200
[14:34] {Threei} HIG broke strider
[14:34] {strider} yep. didn't take it.
[14:34] {Threei} ok... look at this SPY action
[14:35] {Threei} is it really something readable and enticing to oparticipate in?
[14:35] {nemo} those long tails...volatility
[14:44] {fernp} PAG breakdown, Vad?
[14:44] {nemo} takeover rumor on PCX
[14:44] {Threei} mah
[14:44] {fernp} ok
[14:44] {Threei} this is torture
[14:45] {Threei} fighting for 3 cents
[14:49] {dino} back in 15
[14:52] {Threei} PIP Ticking higher recently after reports from Twitter circulate about a suspicious letter and potential anthrax threat in DC (1.87, +0.09, 5.06%)
[14:53] {Threei} (US) Fed's Kocherlakota: Creation of a world currency has very low probability (related EUR/USD USD/JPY USD/CNY )
[14:53] {Threei} lol
[14:53] {Threei} low?
[14:53] {Threei} zilch is more like it
[14:56] {_jfjf64} rimm
[14:59] {_jfjf64} good night all
[14:59] {Threei} take care jf
[15:00] {fernp} bye jf
[15:00] {_jfjf64} + for day good day
[15:00] {magoo} i'm out of "trading" shape here
[15:00] {magoo} exhausted lol
[15:01] {Threei} lol
[15:01] {_jfjf64} mee too
[15:01] {nemo} ?
[15:01] {_jfjf64} tks time
[15:01] {nemo} what...finger blisters?
[15:01] {nemo} sore butt?
[15:01] {magoo} all of the above
[15:02] {nemo} psychological stress from my sense of humor?
[15:02] {_jfjf64} was any one speakin to nemo
[15:02] {nemo} or lack thereof
[15:02] {_jfjf64} lol
[15:02] {nemo} you want on the list jf?
[15:02] {_jfjf64} no list pls
[15:02] {Threei} uh oh
[15:02] {Threei} the list
[15:02] {nemo} some names in pen, some in pencil
[15:02] {Threei} infamous the list
[15:03] {Threei} you be caAREFUL JF
[15:03] {nemo} got the caboose before the engine there
[15:03] {_jfjf64} wher is les when i need em
[15:03] {nemo} he knows better
[15:04] {Threei} you need more les?
[15:04] {nemo} bah dum bump
[15:04] {_jfjf64} i need to go see ya
[15:04] {Threei} :)
[15:05] {_jfjf64} goodnight mr nemo
[15:06] {nemo} Mr.?
[15:06] {Threei} mrs?
[15:06] {nemo} never
[15:07] {nemo} reminds me of a story though
[15:07] {magoo} he's a she??
[15:07] {_jfjf64} yeah
[15:07] {nemo} you surfin' again magoo?
[15:07] {Threei} not when i saw him, but it's been a whole year
[15:07] {nemo} I'm saving up
[15:07] {magoo} ah vad, modern medicine lokl
[15:08] {Threei} yeah, who knows these days, lol
[15:09] {magoo} and sometimes even boyz are girls anyway, he coulda fooled you
[15:16] {dino} ,
[15:16] {nemo} .
[15:17] {Threei} PDLI Guides Q1 $.17 v $0.28e, R$62M v $70Me (6.96, -0.18, -2.52%)
[15:27] {magoo} oldie but a goodie
[15:27] {Threei} today is different
[15:27] {magoo} vad "are we in anything?"
[15:27] {Threei} hehe
[15:27] {nemo} OMFG
[15:27] {Threei} instead of finishing at the high, market went back down through the whole range
[15:27] {Threei} range is very narrow, but still
[15:29] {dino} yes 5 pts s/p
[15:35] {Threei} and jf is angry with me for not finding a play every 3rd second
[15:35] {Threei} find someone who calls as many as we did in 5 points range, lol
[15:35] {nemo} still got a half hour
06[15:35] * Threei slaps _jfjf64 around a bit with a large dose of reality
06[15:36] * nemo slaps _jfjf64 around a bit with a large DILLIGAF
[15:36] {Threei} it's slap jf hour
[15:36] {nemo} Well...gotta' go c u in the ESTAM
[15:36] {Threei} in the what?
[15:37] {nemo} Eastern Standard Time A. M. making allowances for Les, who will be drinking after lunch
[15:37] {Threei} lol
[15:37] {Threei} no interesting earnings today
[15:37] {Threei} unless VISN is of interest
[15:37] {Threei} and PAY
[15:38] {fernp} good evening everybody. see you all tomorrow
[15:39] {Threei} take care fern
[15:39] {Threei} Ron... for your first day, are we totally crazy or it's bearable?
[15:40] {RonS} Bearable...just watching to get the groove...
[15:41] {Threei} okay... 'cause to me it looks like total asylum
[15:41] {RonS} ...been with crazier...
[15:41] {Threei} the we still have room {G}
[15:41] {Threei} then
[15:42] {dino} cya fern
[15:42] {dino} welcome to our jungle ron
[15:42] {billyc} hey ron
[15:43] {RonS} hey everyone...
[15:44] {billyc} dino where do you live
[15:44] {dino} pennsylvania
[15:44] {billyc} i grew up in dc l live in s fla
[15:45] {Threei} Siberia, judging by this winter
[15:45] {dino} yeah, 3' last week and today it's 50
[15:45] {strider} dino lives in an old castle, and sleeps in a casket.
[15:45] {dino} east coaster billy
[15:45] {dino} lol
[15:45] {billyc} yup about 15 minutes north of ft lauderdale
[15:46] {dino} well, my office is about 150 years old
[15:46] {RonS} Been tough in CO too...
[15:46] {RonS} Where is that global warming?
[15:46] {dino} it isn't
[15:47] {RonS} Dang, and I love cowtowing to that effete Algore...
[15:47] {dino} lol
[15:47] {strider} Towing a cow is rude.
[15:47] {RonS} LOL
[15:48] {Threei} wait... you mean earth iks not warming up?
[15:50] {lasertrev} come on vad, u know the gov. controls the weather.
[15:50] {lasertrev} lol
[15:50] {Threei} it does?
[15:51] {Threei} great, I';ll send them bill for washing my car - what the hell was this rain about
[15:51] {dino} sgms
[15:51] {strider} Welll if they do, why don't they do something about it?
[15:51] {RonS} "Everyone complains about the weather, but nobody does anything about it"
[15:51] {RonS} Mark Twain
[15:52] {Threei} "Everyone compains about their memory, not about intelligence"
[15:52] {strider} Because you lose your memory, but not (usually) your intelligence.
[15:52] {Threei} (CA) Canada Official: Govt to establish plan to reach budget balance; will signal a stimulus end by March 2011
[15:52] {Threei} - Govt will avoid tax increases and will not trim transfers
[15:52] {Threei} (related USD/CAD EWC )
[15:54] {RonS} Every state in the Union has increased taxes...and the Feds with CSIP
[15:55] {Threei} and this is only beginning
[15:55] {Threei} okay guys, thank you all
[15:55] {Threei} have a great evening, see you tomorrow
[15:56] {dino} u2 vad

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