Session Time: Fri Oct 03 00:00:00 2008
[07:50] {magoo} morning
[07:54] {Threei} Good morning
[07:54] {magoo} vad, u see the new lasrr download?
[07:55] {Threei} yeah
[07:55] {Threei} didn't do it yet
[07:58] {magoo} me neither..alot of changes
[07:58] {magoo} is it necessary to do it?
[08:00] {Threei} not at this point I believe
[08:00] {magoo} vad, should WB trade at 7$ with deal
[08:00] {Threei} well, it's a stock deal if I understand correctly
[08:00] {Threei} not cash
[08:03] {Threei} NCC traded above 4 earlier
[08:04] {magoo} that was trade from past..as in 2 dollar stock making points
[08:23] {magoo} vad..i think the sdcenario has changed slightly
[08:23] {Threei} I'd say greatly
[08:24] {Threei} market had enough time to evaluate rescue package
[08:24] {Threei} and doesn't seem to like it very much
[08:24] {magoo} but it seems now majority expects a pop THEN drop after bill passes {assuming it does}
[08:25] {magoo} maybe to easy to expect drop
[08:25] {Threei} that was what we expected first time around
[08:25] {magoo} my time frame isshort i mean
[08:25] {Threei} now it very well could be different
[08:25] {Threei} a lot of dynamics changed since then
[08:25] {magoo} pop..small drop..then hard power up
[08:26] {Threei} that's one possibility
[08:26] {Threei} another is, just hard down
[08:26] {magoo} yea..no pop
[08:26] {Threei} really can't tell at this point
[08:27] {Threei} see, a week ago it was very different
[08:27] {Threei} reaction to package was more emotinal
[08:27] {Threei} "huge relief" kind of thing
[08:27] {Threei} now, not so much
[08:27] {magoo} agree...more people are fearful of alot of other economic issues now
[08:27] {Threei} yeah
[08:27] {magoo} regardless...we are gonna retest bottoms sometime
[08:27] {Threei} a lot of people start doubting this measure will work at all
[08:28] {magoo} but i try to figure out daily
[08:28] {magoo} because im not in
[08:28] {Threei} right
[08:28] {Threei} main problem in forecasting for us at this point is:
[08:28] {Threei} we can't really tell whether the negativity of last days is comong from lack of faith in package passing
[08:29] {Threei} or lack of faith of its working
[08:29] {Threei} if it's former, then passage will jolt the market up
[08:29] {Threei} if latter, it's big down move in any case
[08:30] {Threei} ) SEPT AVERAGE HOURLY EARNING M/M: 0.2% V 0.3%E
[08:30] {Threei} Y/Y: 3.4% V 3.6%E; AVERAGE WEEKLY HRS: 33.6 V 33.7E
[08:30] {Threei} (US) SEPT UNEMPLOYMENT RATE: 6.1% V 6.1%E
[08:31] {Threei} US) SEPT CHANGE IN NONFARM PAYROLLS: -159K V -105KE; CHANGE IN MANUFACTURING PAYROLLS: -61K V -57KE
[08:38] {cosmo} LINE: Cramer likes it...
[08:38] {cosmo} fyi
[08:39] {Threei} should we too?
[08:39] {cosmo} hmmm ... just be aware
[08:40] {cosmo} i guess
[08:43] {Threei} so far, watching NCC and ABK
[08:47] {hawkfan4} good morning
[08:47] {Threei} hawk :)
[08:48] {esemde} morning........
[08:49] {Threei} ese :)
[08:49] {esemde} day nine of the learning curve
[08:49] {Threei} whatcha learning?
[08:49] {esemde} thought you'd nver ask
[08:49] {esemde} how to use my new macbook pro laptop
[08:49] {Threei} ah
[08:50] {Threei} can't offer any useful advice here, just cheerleading :)
[08:51] {Onix} Good morning everyone
[08:51] {esemde} onix....
[08:51] {Threei} onix :)
[08:52] {hawkfan4} fwiw Doug Kass says he is "All In"
[08:52] {Threei} as in?
[08:52] {esemde} whats this new laser download vad...mags???
[08:52] {hawkfan4} all in long
[08:52] {cosmo} in for good
[08:52] {Threei} brave man
[08:52] {esemde} whos doug kass hawk
[08:52] {Threei} just some changes in routing, ese
[08:52] {Threei} added a lot of features
[08:53] {esemde} gotcha
[08:53] {hawkfan4} fund manager, on Real Money and always on CNBC. He's been really good this year so far
[08:53] {esemde} on a crappy year......good
[08:53] {Threei} well... he bets on package passage and on market's faith in package effectiveness
[08:54] {Threei} or, he is in for a very long haul and believes that if he sits out initial losses, market will turn bullish soon enough
[08:54] {Threei} and if this is his case, I agree
[08:55] {Threei} IMO, this is exactly what is going to happen
[08:55] {hawkfan4} that's the problem with his calls, is he's willing to sit thru some initial big pain
[08:55] {Threei} the only change I would make if I were in this kind of postion:
[08:55] {Threei} I wouldn't be ALL in
[08:55] {Threei} I would take apartyial p;osition
[08:56] {Threei} and build it up to full in on drops
[08:56] {Threei} decreasing initial pain, getting better cost basis
[08:57] {Threei} but then again... if he is doing well, who am I to argue with success
[08:57] {magoo} kass usually a perma bear
[08:57] {magoo} something to consider
[08:58] {esemde} I tend to believe the downturn isn't going to be for as long as some think.......read book called "Running Money"...Doug Kesller i think was the author....basic jist of it is that the US has a huge advantage when it comes to intellectual property
[08:58] {magoo} es..laser gndt page has laser download update..not necessary to do immediately
[08:58] {magoo} but say like after close
[08:59] {esemde} lots of mafacturing jobs going elsewhere but But the R&D side is huge down in your neck of the woods
[09:02] {esemde} which brings back to the US loads of money for investment.......evens out the trade imbalance .....so on the outside
[09:02] {esemde} where it appears the outflow of money is
[09:03] {Threei} well, USD strength recently was commented on by many, and suprizing thing surfaced:
[09:03] {Threei} there is a shortage of dollars in eurozone
[09:03] {esemde} is huge it's not the case ...with all that cash coming back in for investment
[09:03] {Threei} who would havwe thought?
[09:04] {Threei} WHITE HOUSE: STRONGLY SUPPORT THE FINANCIAL RESCUE PACKAGE, URGES HOUSE TO PASS THE BILL SWIFTLY
[09:04] {esemde} was a very interesting book......one of the few I've read since coming to this board
[09:04] {Threei} we are bad influence...
[09:04] {Threei} people stop reading... shaving will be next to go
[09:05] {esemde} was not really about trading just some simple economics
[09:08] {dino} gm all, mga interesting
[09:08] {GeoArb} gm all
[09:09] {esemde} yep shaving is the next to go......I shave every 2 days now.......
[09:10] {esemde} shaving degradation.........hmmmm......reality trader board....hmmmmmm....yup...vad is a bad influence
[09:10] {peterg} morning all
[09:10] {esemde} Geo:)
[09:10] {Threei} dino, geo, peter :)
[09:10] {esemde} peter:)
[09:11] {peterg} ese 1
[09:11] {peterg} !
[09:11] {peterg} shaving wakes you up
[09:11] {dino} 10365 was bottom monday and low for years, that is the magic number, imo. we are only 130pts away
[09:11] {peterg} also ese: I followed your thought and used boot camp and can get laser to work
[09:11] {Threei} and gives you a chance to see new faces... in the mirror
[09:11] {esemde} especially the way vad does it with a machetie
[09:11] {Threei} which is a sign of memory faading
[09:12] {fernp} Good morning all
[09:12] {esemde} fern...
[09:12] {Threei} fern :)
[09:12] {peterg} I tested it and am now short 3M at 66.01 and cant buy to close out the sale
[09:12] {peterg} advices?
[09:13] {peterg} if down, all cool, of course
[09:13] {esemde} dino uses the blunt end of a 9 iron to shave....we all have out quirks........drumstick for me
[09:13] {hawkfan4} lol
[09:14] {dino} lol
[09:14] {dptl} good morning all
[09:14] {Threei} dp :)
[09:14] {dino} speaking of 9 irons, heading to sunset beach/myrtle beach, nc on tuesday. golf trip
[09:14] {GeoArb} nice dino
[09:15] {Onix} hi dp, peter, geo, dino :)
[09:15] {dino} thinking the break will be good
[09:15] {dino} c hurt
[09:15] {GeoArb} hey onix
[09:15] {Threei} onix :)
[09:16] {Threei} yeah, looks like markey dislikes that WB was stolen from it
[09:16] {GeoArb} hey vad, any place i can get documentation of new features on laser?
[09:16] {Threei} release notes
[09:17] {Threei} on the page where you download it
[09:17] {GeoArb} oon web? cool? missed it...
[09:17] {Threei} http://www.gndt.com/home/release.htm
[09:18] {GeoArb} thanks vad
[09:18] {Threei} sure
[09:19] {Threei} hmmm
[09:19] {Threei} C
[09:19] {Threei} REPORTEDLY HAS EXCLUSIVITY TO WACHOVIA BANKING OPERATIONS
[09:19] {Threei} {WFC WB}
[09:19] {GeoArb} anyone uses number 13? (NASDAQ cross alerts)
[09:22] {peterg} ese, I got laser to work on windows within mac using bootcamp.
[09:22] {peterg} did not work wi. parallels.
[09:22] {peterg} tks for idea
[09:23] {peterg} now i can trade on vacation!
[09:23] {Threei} watchng NCC for possible hard pullback for long entry
[09:23] {Threei} now, why would you want to trade on vacation...
[09:24] {peterg} stimulation;
[09:24] {peterg} not really a beach guy, though wife loves it
[09:24] {GeoArb} laptop on beach
[09:24] {peterg} something like that
[09:24] {GeoArb} yo dont need a mac you need a panasonic toughbook
[09:24] {peterg} have to make morre $
[09:24] {peterg} have to earn it
[09:25] {peterg} good idea
[09:25] {peterg} does laser work on windows 95?
[09:25] {peterg} have laptop with that
[09:26] {cosmo} peter... i'd get my wife a metal detector
[09:26] {peterg} rofl
[09:26] {cosmo} :)
[09:32] {Threei} 4 break NCC... risky as hell
[09:33] {Threei} take scalp here if you went for it
[09:33] {GeoArb} done
[09:33] {GeoArb} nice !
[09:34] {Threei} let's wait for pullback
[09:34] {GeoArb} out all .17
[09:34] {Threei} big lot?
[09:34] {GeoArb} half
[09:34] {GeoArb} i saw the word risky somewhere
[09:34] {Threei} :)
[09:34] {GeoArb} in .03 out .017
[09:35] {GeoArb} was late
[09:36] {Threei} here comes sharp pullback
[09:37] {Threei} ABK
[09:37] {Threei} worth try near 3.40
[09:37] {Threei} stop under .30
[09:38] {Threei} WHITE ECON ADVISOR LAZEAR: WHITE HOUSE 'FULLY BEHIND' $700B PACKAGE, A POOR STIMULUS SHOULD NOT BE FOCUS- CNBC COMMENTS
[09:38] {dino} eqix sm l .31
[09:39] {Threei} WHITE HOUSE ECONOMIC ADVISOR LAZEAR: NEED TO PASS THE $700B RESCUE BILL TO GET CREDIT MARKETS MOVING AGIAN; A 2ND STIMULUS IS NOT NEEDED
[09:40] {Threei} RUSSIAN EXCHANGE HALTED ONCE AGAIN, WILL NOT REOPEN FOR DURATION OF FRIDAY TRADE - RUSSIAN MEDIA
[09:40] {Threei} {RSX }
[09:40] {Threei} was down 6 or 7%
[09:40] {dino} mga sm l .15 risky
[09:41] {GeoArb} now thats funny based on what russians said http://www.nytimes.com/2008/10/03/world/europe/03russia.html?ref=world
[09:42] {Threei} AAPL
[09:42] {Threei} STEVE JOBS MAY BE HAVING HEALTH RELATED ISSUES - SILICON VALLEY INSIDER CITING BLOG REPORT
[09:42] {Threei} ABK, take scalp here
[09:43] {GeoArb} missed
[09:43] {GeoArb} had jumped back to 50s
[09:45] {Threei} mags... shorted AAPL?
[09:45] {Threei} SILICON VALLEY INSIDER CITING BLOG REPORT
[09:45] {Threei} - Note Confirmation is still pending, we have calls are out to the company.
[09:47] {magoo} missed vad
[09:47] {Threei} if this turns out to be a rumor AAPL will be worth a few points bounce
[09:47] {magoo} bouncer tho
[09:48] {dino} aapl
[09:48] {GeoArb} wow
[09:48] {magoo} whats the runor?
[09:48] {Threei} sh*t... why did I cover so soon :)
[09:48] {GeoArb} 10 mins 10 bucks almost
[09:48] {Threei} STEVE JOBS MAY BE HAVING HEALTH RELATED ISSUES - SILICON VALLEY INSIDER CITING BLOG REPORT
[09:48] {Threei} - Note Confirmation is still pending, we have calls are out to the company.
[09:48] {Threei} - The blog notes that Steve jobs was suffering various chest pains and moved to the hospital, although the original source is choosing to stay anonymous, however the writer is stated as Henry Blodget -} http://www.alleyinsider.com/2008/10/apple-s-steve-jobs-rushed-to-er-after-heart-attack-says-cnn-citizen-journalist
[09:49] {Threei} mama mia
[09:49] {magoo} my god..whole mkt tanks
[09:49] {dino} 97.50 v sm aapl l
[09:49] {dino} wide risky
[09:50] {GeoArb} nice dino
[09:50] {esemde} long SCHW .42
[09:50] {Threei} RIMM ramping up
[09:50] {esemde} 1/2
[09:51] {dino} mga stopped in aapl chaos-.40
[09:52] {Threei} no denial, no confirmation
[09:53] {dino} out aapl 102.70, +5.20
[09:53] {patience} ok dino, party time
[09:53] {esemde} out SCHW.74
[09:53] {Threei} REPORTS OF JOBS BEING HOSPITALIZED NOT TRUE
[09:53] {esemde} + .32
[09:54] {esemde} whoa...still going
[09:54] {dino} ty patience
[09:55] {esemde} 5 beans on appl.....nice one dino
[09:55] {Threei} now... shouldn't this guy be investigated and jailed?
[09:55] {esemde} definately!!!!
[09:55] {GeoArb} depends on lot size
[09:55] {Threei} rofl
[09:55] {dino} lucky es
[09:55] {esemde} you always say luck......
[09:56] {dino} me too i guess as a mean speculator
[09:56] {GeoArb} louis pasteur
[09:56] {GeoArb} luck favors the prepared
[09:56] {GeoArb} or something like that
[09:56] {dino} es, the way i trade luck is a big part. remember profits are luck, losses are skill
[09:57] {GeoArb} hmmmmm deep
[09:57] {GeoArb} so more skillfull smaller losses i guess
[09:57] {dino} chinese: fortune favors the bold, darkness lies an inch ahead
[09:57] {esemde} hmmmmmmmm me as welll geo
[09:57] {esemde} man thats deeper than a snakes belly in a wagon rut....
[09:57] {GeoArb} catching falling knives takes cojones though
[09:58] {esemde} rolf
[09:58] {esemde} sorry thats rofl
[09:58] {GeoArb} confucious says:
[09:58] {esemde} oh no here it comes
[09:58] {GeoArb} picking bottom leads to stinky fingers.
[09:59] {dino} size accordingly, thats all
[09:59] {GeoArb} :)
[10:00] {dino} now eqix, my old friend, start spiking
[10:00] {GeoArb} comments on wft vad?
[10:00] {Threei} OK{ now that AAPL is crealred, we are back to our usual programming... bailout or no bailout
[10:01] {GeoArb} late
[10:01] {Threei} WFT chart is nice but long on energy stock...
[10:01] {dino} its' a "yea"
[10:02] {Threei} dunno
[10:02] {Threei} I'd stay away from those
[10:02] {GeoArb} ok
[10:02] {Threei} you think dino?
[10:02] {GeoArb} something pushing it
[10:02] {GeoArb} cant see news
[10:03] {Threei} US REP. SOLIS (D): I AM DOING THE RIGHT THING AND CHANGING MY VOTE TO YES FROM NO,
[10:04] {GeoArb} i stayed away vad... but you gotta look
[10:05] {Threei} ?
[10:05] {GeoArb} well not anymore
[10:06] {dino} molx sm s .25,m stop hod
[10:07] {Threei} FDIC NOTES IT STANDS BEHIND THE PREVIOUSLY ANNOUCED DEAL FOR WB FROM CITIBANK, BUT ALSO SAYS BOTH DEALS WOULD SUPPORT CREDITORS
[10:07] {Threei} - FDIC will be reviewing all proposals in pursuing a resolution of Wachovia.{C WFC}
[10:08] {Threei} US HOUSE BEGINS PROCEDURAL VOTE ON BAILOUT BILL
[10:09] {dino} out eqix slipped, .98, +.67
[10:10] {dino} molx bstop to b/e too much noise from govt
[10:11] {Onix} your patience is amazing dino!
[10:11] {Threei} hmmm
[10:11] {Threei} qhy is AAPL selling again
[10:11] {Threei} people want to see Jobs?
[10:12] {dino} ?? onix
[10:13] {Onix} to stay so long in a trade, dino
[10:13] {GeoArb} wow aapl was about 180 in AUG
[10:13] {dino} molx cov. +.054
[10:13] {GeoArb} betch lot od 401k holders pissed
[10:14] {Threei} US MINORITY LEADER BOEHNER:BILL 'BETTER' THAN WEEK AGO, NOT 'PERFECT'
[10:14] {dino} throw a \hard stop in onix, let it trade
[10:15] {dino} c going for monday lows?
[10:15] {dino} that should pop on vote
[10:15] {Threei} US HOUSE WHIP BLUNT: CALLS COMING TO CONGRESS ARE COMING IN EVENLY IN SUPPORT AND AGAINST BILL V MAJORITY AGAINST PREVIOUSLY
[10:16] {Threei} if public support evens out, that will pass
[10:16] {Threei} WB halted
[10:17] {GeoArb} didnt wells fargo buy wachovia incorporated?
[10:17] {Threei} yes but there is some unclear part about C deal
[10:18] {Threei} 09:18am [C] Reportedly Citi believes it has exclusivity to Wachovia banking operations - Fox Business
[10:18] {GeoArb} As far as Citigroup is aware, its agreement with Wachovia is still in place, said a person familiar with Citigroup's position. Regulators will review the Wells Fargo bid ``to achieve an outcome that protects all Wachovia creditors, including depositors, insured and uninsured, and promotes market stability,'' according to a statement from the Federal Reserve.
[10:18] {Threei} C spiking
[10:18] {GeoArb} bloomberg
[10:19] {magoo} should halt c
[10:20] {Threei} and WFC while on it
[10:20] {Threei} I mean, let's get on with hatling business and halt everything we can think of
[10:21] {Threei} CITIGROUP CONFIRMS: NOTES WFC DEAL BREACHES EXCLUSIVITY
[10:21] {Threei} {WFC C}
[10:23] {Threei} 20 break C half lot
[10:23] {dino} amzn strange
[10:24] {Threei} stop under .80
[10:25] {Threei} doesn't want to go
[10:25] {dino} waiting at 19.50
[10:26] {Onix} stopped C
[10:26] {Threei} WFC
[10:26] {Threei} CHAIRMAN: CONFIDENT THAT THE CITIGROUP DEAL WITH WACHOVIA WAS NOT FINALIZED
[10:26] {Threei} {WB C}
[10:26] {Threei} ahhh... war of headlines started
[10:27] {Threei} scratching C here
[10:27] {Threei} out + 4 cents
[10:27] {GeoArb} 3 here
[10:27] {cosmo} House Bill gonna pass
[10:27] {Threei} beat ya
[10:27] {cosmo} i think
[10:27] {GeoArb} there is a erason you run the room and not me :)
[10:28] {Threei} lol
[10:28] {GeoArb} ah crap
[10:28] {dino} amzn sm l .25
[10:28] {GeoArb} anyone?
[10:29] {Threei} oh well
[10:30] {Threei} common sense saays, it's a yea
[10:30] {Threei} they said they wouldn't bring package to vote if they didn't have enough
[10:30] {Threei} but sheesh
[10:30] {Threei} stranger thinggs happened lately
[10:30] {Threei} ABK spike
[10:31] {Threei} well...
[10:31] {Threei} all 5 cents of it
[10:35] {dino} amzn stop to .65
[10:36] {Threei} seems ABK is in better position to benefit from bill passage
[10:36] {Threei} than NCC
[10:36] {Threei} not sure why
[10:36] {GeoArb} Friday, October 03, 2008 7:33:58 AM
[10:36] {GeoArb} Reportedly US House clears procedural vote (235-190), can move ahead on the rescue bill vote later today
[10:36] {dino} stopped +.40
[10:36] {dino} amzn
[10:37] {dino} cetv ouch
[10:38] {Threei} WB opened
[10:39] {Threei} AIG is another one to benefit
[10:39] {Threei} CITIGROUP MAY 'SWEETEN' OFFER FOR WACHOVIA INSTEAD OF LAWSUIT AGAINST WFC - WSJ
[10:39] {Threei} {C WFC}
[10:40] {dino} v sm, v risky, v wide cetv l .01
[10:40] {GeoArb} so dino if I may.... whats v sm for you?
[10:41] {dino} 200 on cetv
[10:41] {dino} aapl was only 100
[10:41] {GeoArb} TY
[10:41] {dino} sm=300, nothing 500
[10:41] {GeoArb} ok
[10:41] {GeoArb} is magoo on vacation?
[10:41] {dino} i am the turtle as magoo says, slow and steady
[10:42] {dino} he's here
[10:42] {GeoArb} and howcome everyone ignoring laserdave
[10:42] {Threei} sharp pullback ABK
[10:44] {dino} crmt
[10:51] {hawkfan4} watching abk too vad, closer to 3.60?
[10:52] {Threei} probably
[10:52] {Threei} and AIG
[10:52] {Threei} ABK doesn't want to pull back that far...
[10:53] {hawkfan4} nope
[10:53] {hawkfan4} you thinking break or pullback aig?
[10:53] {Threei} THE US FINANCIAL RESCUE BILL NOW HAS 12 VOTES THAT WERE NO CHANGED TO YES
[10:53] {Threei} whichever comes first
[10:54] {hawkfan4} gotcha, thanks :)
[10:54] {Threei} - Reminder on Monday the plan did fail by 12 votes
[10:58] {Threei} NCC dosn't seem to show much enthusiasm
[11:00] {dino} cedtv stopped -.60
[11:00] {dino} will come back to that one
[11:05] {dino} ok, have to meet gas company, back in hour or so
[11:05] {fernp} bye dino
[11:10] {Threei} time to start partialling AIG
[11:10] {Threei} 20 cents
[11:10] {hawkfan4} nice one vad, thx :)
[11:10] {Chaeron} good morning all
[11:11] {GeoArb} hey chaeron
[11:11] {Threei} chaeron :)
[11:12] {Threei} want to wait for pullback on AIG now for re-entry
[11:13] {Threei} and offer the balance somewhere above 5
[11:13] {Threei} no exact price, depending on how it spikes
[11:13] {Threei} NCC is not participating
[11:14] {Threei} WB
[11:14] {Threei} CEO: AGREEMENT WITH CITIGIROUP IS NOT BINDING, 'CONTROVERSY WILL BE ADDRESSED' - WSJ
[11:14] {Threei} {C WFC LPS}
[11:16] {Threei} somewhere around 4.70 probably AIG
[11:21] {Threei} finally pullback ABK
[11:21] {Threei} took .90
[11:22] {Threei} stop under .80
[11:22] {GeoArb} took 90?
[11:22] {magoo} full?
[11:22] {Threei} yeah, stop is tight enough
[11:23] {GeoArb} i am confused
[11:23] {GeoArb} break of 90?
[11:23] {Threei} bought .90
[11:23] {magoo} fell into .90..a bouncer
[11:23] {GeoArb} on the way down?
[11:23] {Threei} right when I posted it
[11:24] {magoo} not many fall upward
[11:24] {GeoArb} sheesh
[11:24] {Threei} not sure what cofuses you :)
[11:24] {cosmo} the universe falls up
[11:24] {magoo} really?
[11:24] {GeoArb} ahhhhhhh
[11:24] {Threei} mags don't forget, cosmo doesn't believe in gravity
[11:25] {cosmo} away from itself
[11:25] {GeoArb} you dont wanna know what i did
[11:25] {cosmo} into every direction
[11:25] {cosmo} ....but i digress
[11:25] {GeoArb} was staring at AIG
[11:25] {Threei} ohh
[11:26] {Threei} AIG I suggested closer to .70
[11:26] {Threei} hit .74
[11:26] {Threei} wasn't very clear there
[11:26] {Chaeron} I was waiting at .73.........
[11:26] {GeoArb} it hit 73 you filled chaer?
[11:26] {Chaeron} no
[11:26] {GeoArb} k
[11:27] {Chaeron} but I got ABK at .91
[11:27] {Threei} almost no trades at .73
[11:27] {Threei} just touched it and immediately bounced
[11:27] {Threei} still have original half lot from .70 break
[11:27] {Threei} wanted to add back half I sold at .90
[11:29] {GeoArb} quick Q
[11:29] {GeoArb} shaving prices doesnt work anymore right
[11:29] {Threei} SWEDEN'S RIKSBANK: SWEDEN'S PAYMENT SYSTEM DID NOT FAIL YESTERDAY
[11:29] {Threei} was it supposed to?
[11:29] {GeoArb} its distracting..... ill adjust the keys
[11:29] {Threei} why not?
[11:30] {GeoArb} the 4.7699 stuff
[11:30] {Threei} what happened to shaving?
[11:30] {magoo} boy..this mini rally makes the approach to mkt post bill approval difficult
[11:30] {magoo} could just sell the news
[11:30] {GeoArb} doesnt give priority to .77
[11:30] {magoo} on other hand..IF IF bill fails....crash
[11:30] {Threei} I didn't track these developments... was it posted scomewhere?
[11:31] {hawkfan4} NCC doing it's thing
[11:32] {Threei} AIG too
[11:33] {Threei} grabbed .65
[11:33] {Threei} astop under .60 for full lot
[11:34] {Threei} absence of shorts to soften pullbacks makes these drops truly frightening
[11:36] {hawkfan4} for real. And if there were shorts, NCC would probably have opened much higher
[11:36] {Threei} what can I say... market is being regulated by idiots
[11:36] {GeoArb} I heard a great quote yesterday
[11:37] {GeoArb} the US system was designed by geniuses so that it could be goverend by idiots
[11:37] {Threei} and so they do
[11:37] {Threei} WHITE HOUSE SAYS PRESIDENT BUSH IS SCHEDULED TO SPEAK FOLLOWING THE HOUSE VOTE ON THE FINANCIAL RESCUE PACKAGE
[11:43] {Threei} hmmm... I might have to leave for a few weeks it seems... some poor gal in Nigeria, daughter of late big oil magnate, requires my urgent assistance in obtaning significant amount of money...
[11:43] {GeoArb} leave for marriage?
[11:43] {Threei} oh, just to assist
[11:43] {Threei} out of kindness of my heart
[11:43] {GeoArb} yeah right vad
[11:43] {GeoArb} humanitarian
[11:43] {Threei} out half AIG .79
[11:44] {GeoArb} TY vad gotta go
[11:44] {Threei} you took it?
[11:46] {Threei} TALLY OF HOUSE REPRESENTATIVES NOW EXPECTED TO SWITCH THEIR VOTES TO 'YES' ON THE RESCUE PLAN HAS REPORTEDLY RISEN TO 20
[11:47] {Threei} lol, market loses sensitivity to this constant barrage of headlines
[11:48] {magoo} so..whats your thoughtys after passage on mkt for the day lord vader??
[11:49] {Threei} seems like selloff in cards... with or without initial short-lived spike
[11:50] {magoo} espec if holds highs
[11:53] {Threei} FRE
[11:53] {Threei} DROPS PLANS TO INCREASE MORTGAGE FEES
[11:54] {magoo} house vote just minutes away cnbc
[11:54] {magoo} could get dicey
[11:55] {magoo} im gonnas take 1000 sh cme short just in case {he he}
[11:55] {Threei} eeck
[11:55] {magoo} not avail
[11:55] {Threei} if no passage, buy all QID you can afford
[11:56] {Threei} sell farm wife and kids and buy more
[11:56] {magoo} vad, really?because it will be fast so is that your plan...?
[11:56] {Threei} unless it moves too far before I manage to click
[11:57] {Threei} CITIGROUP SAYS OCT 6 WAS THE EXCLUSIVITY TERMINATION DATE IN THEIR DEAL WITH WACHOVIA
[12:10] {Threei} bill passage is now all but sure, yet market doesn't really running
[12:10] {Threei} makes you think...
[12:10] {dino} back
[12:10] {cosmo} never think
[12:10] {patience} of what vad
[12:11] {Threei} that dump may be an outcome in any case
[12:17] {dino} watching cetv again
[12:22] {Threei} and we are dropping why?
[12:22] {cosmo} Ron Paul making sense on the floor...
[12:22] {Threei} HOUSE DEBATE CONTINUES, A VOTE IS EXPECTED WITHIN THE HOUR, MORE THAN 20 "NO" VOTES HAVE REPORTEDLY SWITCHED TO "YES"
[12:22] {Threei} so what
[12:23] {Threei} do they think he is going to convince them to vote no?
[12:23] {dino} vocs, qsii drops
[12:24] {Threei} he is making too much sense, no one wants to listen to that
[12:24] {cosmo} not right now anyway
[12:25] {Threei} who ever in history wanted to hear truth
[12:25] {cosmo} me
[12:25] {Threei} ummm
[12:25] {Threei} I'll rephrase
[12:25] {Threei} what collective entity ever in history wanted to hear truth
[12:26] {cosmo} the gnostics?
[12:26] {Threei} lol
[12:27] {dino} hmm, the police on radio, haven't heard them in awhile
[12:28] {cosmo} "too much information"?
[12:28] {dino} geo, give me a read on cetv
[12:28] {dino} magoo left, i'm bored
[12:28] {Threei} left??
[12:28] {Threei} just befofe the vote?
[12:29] {patience} beer run
[12:29] {cosmo} xanax
[12:29] {dino} accountant called
[12:30] {hawkfan4} The Police made 115 million last year
[12:30] {dino} probably more than when they were live
[12:30] {cosmo} royalties?
[12:31] {hawkfan4} no, touring, playing their oldies
[12:31] {cosmo} w/sting?
[12:31] {dino} wow
[12:31] {hawkfan4} yep: http://www.forbes.com/lists/2008/53/celebrities08_The-Police_WPMT.html
[12:32] {hawkfan4} I think Vad was #7
[12:33] {dino} it's his mutant 3rd eye
[12:33] {hawkfan4} everyone should have one
[12:33] {dino} must have been picked on as a kid
[12:33] {Threei} HOUSE DEBATE CONTINUES ON FINANCIAL RESCUE BILL, A VOTE ON THE MEASURE IS EXPECTED WITHIN THE HOUR, REPORTEDLY MORE THAN 20 "NO" VOTES HAVE REPORTEDLY SWITCHED TO "YES"
[12:33] {Threei} - some reports suggest a handful Democrats who backed the bill Monday will switch their votes to "No," but it appears the bill is on track to pass.
[12:34] {dino} cspan said vote 12:45
[12:34] {Threei} wow
[12:34] {Threei} watch this:
[12:34] {Threei} http://www.foxnews.com/video2/video08.html?maven_referralObject=3129030&maven_referralPlaylistId=&sRevUrl=http://www.foxnews.com/
[12:34] {Threei} this is something
[12:40] {dino} schs
[12:41] {cosmo} cortisol deficiency on FOX
[12:41] {Threei} I am half out ABK here
[12:41] {Threei} gotta have some insurance
[12:41] {cosmo} video that is
[12:41] {Threei} you Chaeron?
[12:41] {patience} fox is not good for my blood pressure
[12:42] {Threei} this was a bit too much even for O'Reilly
[12:42] {Threei} but heck
[12:42] {Threei} isn't he right
[12:42] {hawkfan4} wow, that's intense
[12:44] {Threei} market likes Hoyer
[12:45] {Threei} US SEEN MOVING FORWARD WITH $6B ARMS SALE TO TAIWAN - FT
[12:45] {Threei} - Note prior reports in recent months indicated that the US was putting arms sales to Taiwan on hold
[12:45] {hawkfan4} http://www.youtube.com/watch?v=O_HyZ5aW76c&feature=related more Orreilly
[12:45] {cosmo} maybe bill's a 'molly mcguire'
[12:46] {Threei} thanks hawk but I had all of him I can handle in one day
[12:46] {hawkfan4} lol, i think you might like it
[12:49] {Threei} lol
[12:49] {Threei} I did
[12:49] {hawkfan4} :)
[12:55] {magoo} back
[12:56] {Threei} ABK honestly trying
[12:57] {Threei} oh and magoo
06[12:57] * Threei slaps magoo around a bit with a large trout
[12:58] {Threei} out second half .24
[12:58] {magoo} thank u :)
06[12:58] * magoo slaps Chaeron around a bit with a large trout
[12:58] {Threei} welcome sir
[12:58] {Threei} chaeron... you here??
[13:02] {dino} vsm v risky, l cetv .38
[13:03] {Threei} one more bailout mover: SOV
[13:04] {Threei} CALIFORNIA STATE TREASURER CONFIRMS EARLIER REPORTS THAT GOV SCHWARTZENAGGER HAS REQUESTED UP TO $7B IN LOANS FROM THE US TREASURY
[13:05] {dino} 0 for 2 on cetv done w/it
[13:08] {dino} vote
[13:08] {Threei} HOUSE VOTE BEGINS ON FINANCIAL RESCUE BILL
[13:09] {dino} l c sm .50\
[13:10] {Threei} 85/34
[13:10] {Threei} 91/35
[13:10] {dino} what do they need? 120?
[13:11] {dino} 220
[13:11] {dino} ?
[13:11] {cosmo} 800B
[13:11] {dino} lol
[13:11] {Threei} lol
[13:11] {Threei} and a lot of wooden arrow ends
[13:12] {Threei} 100/38
[13:12] {magoo} we in anything
[13:13] {Threei} no
[13:13] {Threei} qwow ABK
[13:14] {Threei} took half .94
[13:17] {Threei} out
[13:17] {Threei} + lousy 13 cents
[13:17] {magoo} easy tho
[13:18] {Threei} argh
[13:18] {Threei} missed SOV pullback
[13:19] {patience} a toughie to be a hedge fund manager whose mandate is to be fully invested at all times
[13:19] {Threei} yikes... scary thought
[13:19] {patience} watched interview yesterday with guy in this position
[13:21] {Threei} 1 min left
[13:22] {Threei} 202/118
[13:22] {cosmo} slam dunk
[13:22] {Threei} US HOUSE RESCUE BILL GAINS ENOUGH VOTES TO PASS
[13:22] {Threei} - bill has reached the 218 vote threshold necessary for passage{TLT GLD USO EUR/USD USD/JPY GBP/USD}
[13:23] {dino} selling off
[13:23] {dino} -100 pts
[13:24] {Threei} [12:10] {Threei} bill passage is now all but sure, yet market doesn't really running
[13:24] {Threei} [12:10] {Threei} makes you think...
[13:24] {Threei} [12:11] {Threei} that dump may be an outcome in any case
[13:29] {Threei} everuone stayed clear of longs?
[13:29] {magoo} yep..i shorted lil goog
[13:29] {hawkfan4} yes sir
[13:29] {magoo} out
[13:30] {magoo} u and i been discusing this for 2 days
[13:30] {Threei} :)
[13:30] {magoo} u looking for bouncers
[13:30] {Threei} not really
[13:30] {Threei} rather for QID pullback
[13:31] {Threei} scalped it twice but didn't really want to call it
[13:31] {Threei} too hectic, risk is huge
[13:31] {magoo} if fed does surprise rate cut here
[13:31] {magoo} could kill short
[13:32] {GeoArb} hi back... are we in any positions?
[13:33] {Threei} nope, closed them before bill vote
[13:33] {dino} =200
[13:33] {GeoArb} cool...
[13:33] {Threei} mama mia
[13:34] {dino} keep in mind wecwere -380 or so yesterday
[13:34] {dino} we were
[13:34] {Threei} ok, watching AIG now for bounce scalp
[13:34] {dino} 10365 area
[13:35] {Threei} in, stop under 4
[13:36] {Threei} out 4.30
[13:36] {Threei} easy 22 cents
[13:36] {Threei} anyone?
[13:37] {Threei} you guys are too lazy
[13:37] {magoo} to fast
[13:37] {Threei} easy money
[13:37] {patience} nope, just know when my skillset doesn't match market conditions
[13:37] {magoo} was watching
[13:37] {GeoArb} still pulling up laser at work :(
[13:37] {magoo} u in out before i could react
[13:40] {Threei} ugh... sold too soon
[13:41] {dino} eqix sm l .30
[13:41] {GeoArb} serves ya right vad
[13:41] {GeoArb} driving off without us
[13:42] {Threei} want me to push your entry buttons for ya?
[13:42] {GeoArb} i would love that
[13:42] {GeoArb} better yet just connect the accounts
[13:42] {GeoArb} not even a puny red herring..... forget a trout
[13:44] {dino} eqix stopped
[13:44] {Threei} isn't it ironic,
[13:45] {Threei} these guys congratulate each other on TV
[13:45] {Threei} while market pukage exceeds all sane limits
[13:46] {Threei} put CNN on, look at them and look at the market
[13:46] {Threei} this is a whole separate shows
[13:46] {Threei} show
[13:46] {magoo} i know..they talking about a rally
[13:47] {hawkfan4} AAPL 90's
[13:47] {magoo} vad quote server please
[13:47] {Threei} 4
[13:47] {magoo} ty my good man
[13:48] {Threei} just imagine wat happened today to those who have no idea about major idea of tape reading that alerted us about possibility of selloff
[13:48] {Threei} and went with obvious "bill passes, go long"
[13:49] {patience} but who wants to go long over the weekend....
[13:50] {Threei} but we are rescued
[13:50] {Threei} aren't we?
[13:50] {magoo} just hit cme l 100 sh 373
[13:50] {Threei} FED'S BERNANKE: THE FED WILL USE ALL THE POWERS AT HIS DISPOSAL TO SOLVE THE CREDIT CRISIS, PRAISES CONGRESS'S MOVE TO PASS THE FINANCIAL RESCUE PACKAGE
[13:51] {magoo} too risky to alert
[13:51] {Threei} CME is too risky to even watch
[13:51] {magoo} out 378.21
[13:51] {Threei} thank you for sparing us
[13:51] {Threei} and wtg
[13:51] {hawkfan4} sweet mags
[13:51] {magoo} + 5
[13:51] {magoo} somethin
[13:52] {magoo} u cvan audit to see if i tellin truth vad...but will cost u beer money if I true
[13:53] {Threei} gosh... why would I want to do that
[13:53] {magoo} but i can;t saccrifice someone in room with that
[13:53] {magoo} because u re down right mean
[13:53] {Threei} I am not in business of validating members' statements :)
[13:53] {magoo} sheesh...funnin whicha
[13:54] {magoo} [13:53] {magoo} because u re down right mean
[13:54] {Threei} who's mean? I'm mean???
[13:54] {Threei} wait...
[13:54] {Threei} I am mean...
[13:54] {hawkfan4} lol
[13:54] {magoo} thats what im trying to say
[13:54] {Threei} lol
[13:54] {Threei} AIG
[13:54] {Threei} CEO: THERE MAY NOT BE ANY BUYER FOR THE FIRM'S MORTGAGE INSURANCE UNIT
[13:54] {Threei} {ABK MBI}
[13:56] {Threei} ok... starts to feel like we are to go up from here
[13:56] {hawkfan4} ABK held better than the other little finnies
[13:57] {Threei} true
[13:57] {Threei} I'd perefer something outside of finnies world though
[13:57] {Threei} RIMM
[13:57] {Threei} AAPL
[13:57] {Threei} this kind of stuff
[13:58] {magoo} yup/
[13:58] {Threei} TREASURY SEC PAULSON: PASSAGE OF THE FINANCIAL RESCUE PACKAGE IS CRITICAL FOR SAVING US JOBS
[13:58] {magoo} well it was correct so
[13:58] {Threei} 64 break
[14:01] {Threei} a l,ot of volatility still
[14:03] {Threei} Bush on TV
[14:04] {Threei} never good for a market
[14:04] {hawkfan4} was just gonna say that the market truly hates Bush, probably pop right when he's done
[14:07] {Threei} OK... downside ought to be done for the day
[14:08] {Threei} I don't think we will see new low
[14:08] {Threei} well, unless someone opens their big mouth and demands new vote, lol
[14:09] {Threei} TREASURY OFFICIAL: FIRST AUCTION UNDER THE RESCUE PLAN WILL LIKELY NOT BEGIN FOR AT LEAST 4 WEEKS
[14:09] {Threei} - Treasury to hire between 5 and 10 asset management firms to help carry out the plan{TLT GLD SPY EUR/USD}
[14:09] {dino} they called magoo
[14:10] {Threei} cool
[14:10] {Threei} mags... I have a lot of stuff to sell to Fed
[14:10] {Threei} old kids toys
[14:10] {Threei} some are even wooden
[14:10] {Threei} not arrows mind you but still
[14:11] {Threei} C
[14:11] {Threei} bounbce time me thinks
[14:12] {Threei} .35 long
[14:12] {Threei} if stays above .25
[14:14] {Threei} anyone found RIMM entry, take half here
[14:14] {Threei} C over 1:1
[14:15] {dptl} ty c +.11
[14:15] {Threei} )
[14:18] {Threei} back in RIMM
[14:18] {Threei} IMO, pullbacks are to be bought from now on
[14:18] {Threei} CONGRESSMAN FRANK: HOPE THE TREASURY CAN BEGIN BUYING DISTRESSED ASSETS WITHIN A FEW WEEKS
[14:21] {Threei} too early probabaly... keeoing stop under .80
[14:22] {Threei} okay okay, I got it RIMM
[14:25] {dino} wow, did not expect that fill, v sm l aapl .50
[14:27] {Threei} what again?
[14:27] {Threei} back in RIMM
[14:27] {Threei} stop under .30
[14:29] {dino} re-test of yesterdays lod dji
[14:30] {dino} and ndx
[14:30] {Threei} half out RIMM +.40
[14:31] {Threei} second half no worky, out -.15
[14:32] {Threei} something else is happening behind the curtain
[14:32] {Threei} market no likey whatever it is
[14:32] {dino} 59 pts to go dji
[14:33] {dino} things are bad, maket realizes it
[14:33] {Threei} WARREN BUFFETT: THE FINANCIAL RESCUE PACKAGE IS NOT A PANACEA - CNBC INTERVIEW
[14:33] {Threei} oh good
[14:34] {Threei} weren't we sold it as such?
[14:40] {Threei} wake up you guys
[14:40] {Threei} anyone sees anything trade-worthy?
[14:40] {magoo} i am
[14:40] {Threei} got any ideas?
[14:41] {hawkfan4} AIG maybe, .20
[14:41] {Threei} looks good to me if market reverses
[14:41] {Threei} actuallt, aggressive entry maybe even more intyeresting
[14:44] {Threei} closer to 4 for doluble bottom?
[14:44] {dino} thinking ddm l somewhere
[14:45] {Threei} WHITE HOUSE: PRESIDENT BUSH WILL SIGN THE FINANCIAL RESCUE BILL TODAY
[14:45] {dino} re-test area
[14:45] {Threei} market immediate downtick
[14:45] {Threei} so, looks like if credit crisis didn't kill us, this bill will?
[14:49] {dino} in dino's warped view, until the election, chaos
[14:50] {Threei} and after election order?? :)\
[14:50] {hawkfan4} and peace and love
[14:50] {dino} deadlock and gradual return to normalcy in feb/mar
[14:51] {Threei} group hugs on the street
[14:51] {hawkfan4} dogs and cats living together
[14:51] {Threei} US HOUSE PASSES THE EXTENSION OF UNEMPLOYMENT BENEFITS
[14:51] {Threei} wolves and calfs?
[14:51] {hawkfan4} that seems like a stretch
[14:52] {dino} this is what happens when shorts don't worry about covering
[14:52] {dino} you forgot, the in sin, part
[14:52] {Threei} oh
[14:52] {Threei} I always forget that
[14:53] {hawkfan4} AIG .13
[14:53] {dino} yes, you see, it is normal for cats and dogs to live in same house, the sin part is chaos
[14:54] {dino} ghost busyers
[14:54] {dino} busters
[14:54] {dino} we go up to 150
[14:57] {dino} another 400 range day give or take
[14:58] {hawkfan4} AAPL headed green
[14:59] {Threei} advantage of aggressive entry for ya, hawk :)
[14:59] {hawkfan4} definitely :)
[14:59] {Threei} it barely broke resistan ce and you already have 1:1
[15:01] {hawkfan4} also watching ABK .50 break
[15:07] {Threei} back in AIG
[15:08] {magoo} where?i chase here
[15:08] {Threei} no
[15:08] {Threei} right here
[15:08] {magoo} ok kin with ya
[15:09] {magoo} stop .98
[15:09] {magoo} ??
[15:09] {magoo} asking
[15:09] {Threei} yeah
[15:10] {magoo} lil rough on 10k sdhasres..but ok
[15:11] {laserdave1} test
[15:12] {magoo} if u believe there really is a santa..er, um..plunge protection team...today is THE day
[15:12] {magoo} fclose 'er up
06[15:13] * Threei slaps laserdave1 around a bit with a large trout
[15:13] {Threei} test this
06[15:13] * magoo slaps Threei around a bit with a large trout
06[15:13] * magoo slaps patience around a bit with a large trout
[15:14] {patience} magoosky, does that trout have a friday afternoon beer?
[15:15] {magoo} oh yeah..but i must confess..i had thurs beer, weed beer ,....
[15:15] {magoo} weed=wed
[15:15] {peterg} is suicide by trout a possibility?
[15:15] {magoo} im quitting my ytyping course...
[15:15] {magoo} not a dramatic improvement as promised
[15:16] {dino} i just offered him an ice cold vodka shot, but he refused
[15:17] {patience} move magoo, i'll take it
[15:17] {dino} some day patience
[15:17] {magoo} i hope we get to party together someday patience:)
[15:17] {patience} on a cruise ship dino..,.cruised down west coast last week
[15:17] {dino} cool, i like cruising
[15:17] {patience} someday magoo :)
[15:18] {patience} shopped myself silly in union square last week in san fran
[15:18] {patience} need to pay mastercard today, with this week's winnings
[15:18] {patience} croak
[15:18] {dino} helping the economy, huh
[15:18] {patience} sales in macey's and other stores...unlike anything i had seen before
[15:19] {peterg} what, the prices?
[15:19] {patience} yup
[15:19] {peterg} signs o the times
[15:19] {dino} my wife and daughter took the day off to go to kohls, macy's, boscov's etc. it's going to hurt
[15:20] {patience} also, went into victoria's secret, with about half a dozen sales assistants running around store getting me everything as fast as they could
[15:20] {patience} store was empty
[15:20] {dino} sweet
[15:22] {magoo} vad,forgot i had aig
[15:22] {magoo} we out?
06[15:22] * dino slaps magoo around a bit with a large trout
06[15:24] * Threei slaps magoo around a bit with a large trout
[15:24] {peterg} is it possible to suicide by trout? who will try it?
[15:24] {Threei} lol
[15:24] {Threei} yes
[15:25] {peterg} ok
[15:25] {peterg} ok ill try it.
06[15:25] * peterg slaps peterg around a bit with a large trout
[15:25] {peterg} wow
[15:25] {Threei} BUSINESS BANKRUPTCIES REPORTEDLY UP 67% IN SEPT VS YEAR AGO
[15:25] {Threei} - bankruptcy filings up 32% YTD vs 2007
[15:25] {magoo} dammit..u make$$
[15:25] {peterg} what?
[15:32] {dino} esrx blood
[15:33] {dino} sprwb
[15:33] {dino} fslr
[15:37] {magoo} i thought we'd close better truly
[15:37] {dino} fcx v sm l .75
[15:38] {Threei} I did too mags
[15:38] {magoo} its like there is no value in mkts
[15:38] {Threei} selloff after bill passage we figured right
[15:38] {Threei} but no strength whatsoever into close...
[15:39] {patience} that's because my muscles are trying to hold up the white flag
[15:41] {Threei} IMO... this bill would have had much more preeonounced positive INITIAL reaction if passed on a first try
[15:42] {Threei} market simply got too much time to get tired of it and evaluate it
[15:42] {dino} here comes dji test
[15:43] {dino} broke
[15:44] {magoo} wev are down 135
[15:44] {magoo} sigh
[15:45] {magoo} it never ends
[15:45] {Threei} there
[15:45] {Threei} magic words
[15:45] {magoo} afraid to short but it was easy money..we called it
[15:45] {Threei} when everyone says them, that's when it ends
[15:45] {dino} wow another 450 point range day
[15:46] {Threei} question
[15:46] {Threei} after house rejected bill first time, they were told
[15:47] {Threei} look what happened in the markets
[15:47] {Threei} what are they going to tell them now?
[15:47] {dino} that they just threw away 700 b
[15:47] {dino} lol
[15:49] {Threei} looking at what happened, 2 things come to mind
[15:49] {Threei} first: were we just rescued or weren't we
[15:49] {Threei} second: if we were, may we never ever be rescued again
[15:50] {dino} dji wants 10k
[15:50] {dino} few days
[15:50] {patience} you are right dino
[15:50] {Threei} few?
[15:50] {magoo} 10 minutes
[15:50] {Threei} at this rate, I don't see why it should be longer than 1
[15:51] {peterg} vampire goes into a bar
[15:52] {peterg} asks for a blood light
[15:52] {dino} lol
[15:53] {dino} hotdog goes into bar....bartender says sorry we don't serve food
[15:53] {hawkfan4} lol
[15:53] {peterg} rofl
[15:53] {Threei} you guys make me feel good
[15:53] {Threei} well... better
[15:53] {peterg} lion devours bar girl
[15:53] {Threei} about my sense of humor that is
[15:53] {peterg} bartender says, how was that barbituate?
[15:54] {dino} we missed esrx, beauty
[15:54] {dino} lol
[15:54] {patience} the jokes are good :)
[15:55] {Threei} of course they are
[15:55] {Threei} if even I can understand them
[15:56] {dptl} have a good weekend all:)
[15:56] {Threei} take care dp
[15:59] {magoo} tru-blood
[15:59] {peterg} the hbo series?
[15:59] {magoo} yep
[15:59] {Threei} REMINDER: THE SEC RECENTLY EXTENDED THE FINANCIAL STOCK SHORT SALE BAN TO 3 DAYS AFTER THE BAILOUT BILL PASSES
[15:59] {Threei} - therefore the short ban is now expected to end next Thursday morning.
[16:00] {magoo} we will see
[16:00] {peterg} nice atmospherics, little more plot twist would help
[16:00] {Threei} sometime next wweek we should get real juicy bounce
[16:00] {magoo} never vad
[16:00] {Threei} hehe
[16:00] {Threei} OK, never
[16:00] {magoo} well couldnt hold my high pof 4100
[16:01] {Threei} I am pretty happy with how we stayed away from long exposure into bill passage
[16:01] {magoo} me too
[16:01] {Threei} closed everything before the vote
[16:01] {patience} happy to hear the bell ring
[16:01] {peterg} well done team
[16:01] {Threei} how's TSX?
[16:01] {magoo} i made 3400 today
06[16:01] * Threei slaps magoo around a bit with a large trout
[16:01] {patience} oh magoo, you're buying she says
06[16:01] * Threei slaps magoo around a bit with a large trout
[16:01] {magoo} high was 4100
[16:01] {magoo} pissed
[16:01] {magoo} ask dino too..i am
[16:02] {magoo} BEER DINO
[16:02] {peterg} dortmunder uniion for me pls
[16:02] {dino} -13% dji in week, -18% ndx
[16:02] {Threei} maybe should have been more agressive on a short side
[16:02] {Threei} but heck
[16:02] {Threei} it was anything but easy decision
[16:02] {magoo} nah..its so nasty swings
[16:02] {Threei} Ok guiys, thank you all,
[16:03] {Threei} this was historic week
[16:03] {magoo} crap..im only flippin 200 shghares and made that
[16:03] {magoo} nuts
[16:03] {Threei} stuff to tell grandkids about
[16:03] {peterg} thks & gdnight
[16:03] {dino} 486 pt dji range or 4.5% in a day. this is wild
[16:03] {magoo} ty vad..u in monday
[16:03] {dino} used to take two weeks to move like that
[16:03] {peterg} remember the day of 777!!
[16:03] {Threei} "grandfather, where have you been on the day of Great 700B Waste"?
[16:03] {peterg} probably next is 666
[16:04] {peterg} trying to make a buck
[16:04] {Threei} have a great weekend, see you on Monday
[16:05] {dino} feels like 10,000 coming,
[16:05] {patience} municipal government bonds defaulting coming
[16:06] {magoo} dcc laser
[16:07] {dino} i'm grabbing a beer, mentally exhausted
