Monday, December 22, 2008

Dec 22 2008

Was I due to a losing day or what. Nothing worked today, couple scalps couldn't offset small but numerous stops. Oh well. Low volume days tend to do that to me. Normal trading is not likely to restore until after the holidays.

Session Time: Mon Dec 22 00:00:00 2008

[07:26] {Threei}  - Ted Spread at its lowest level since Sept 12th
[07:49] {Threei}  - Ted Spread at its lowest level since Sept 12th
[08:09] {Threei}  BALTIC DRY BULK INDEX FALLS 2.1%
[08:21] {Threei}  FMCN
[08:21] {Threei}  - entered into a definitive agreement with SINA Corporation (Nasdaq GS: SINA), a leading online media company and value-added information service provider for China and for global Chinese communities, that SINA will acquire substantially all of the assets of Focus Media''s digital out-of-home advertising networks, including LCD display network, poster frame network and in-store network. Focus Media will retain its Internet advertising division, the movie theater advertising network portion of its commercial location network and certain traditional billboards.
[08:28] {Larisa1} good morning :)
[08:28] {Threei}  Larisa :)
[08:29] {Larisa1} gm threei, no Christmas vacation for you ?
[08:29] {Threei}  canceled due to snow
[08:29] {Larisa1} chicken
[08:30] {Threei}  friends were supposed to fly in for a week
[08:30] {Threei}  spent whole day in airport, had to return home
[08:31] {Larisa1} sorru :( my friends traveld to Florida for a week through all this snow. Crazy people.
[08:31] {Larisa1} u=y
[08:31] {Threei}  we had about 20-30 cm over the weekend
[08:31] {Threei}  this is in the city that is totally unequipped for dealing with this scale of snowfall
[08:32] {Larisa1}  Spring is coming soon!
[08:32] {Threei}  well, for us in a week or two - unless global warming deepens
[08:32] {Larisa1} lol
[08:33] {Threei}  funny quip by local reporter,
[08:33] {Threei}  Victoria's three step snowfall response:
[08:33] {Threei}  1. demand that prime minister do something
[08:33] {Threei}  2. call out grief councellors
[08:34] {Threei}  3. pump Prozac directly into water supply
[08:41] {Threei}  many locals are delighted by perspective of white Christmas, which is once a ten years occurence here
[08:42] {Threei}  me, I won't get back my appetite for snowscapes for another 10 years probably
[08:46] {Larisa1} El-Erian says 2008 - crisis of financial system. 2009 - crisis of economic system. Second is better for daytrading ?   
[08:46] {Larisa1} :)
[08:50] {Threei}  sure... what else are all those with no jobs going to do but daytrade
06[08:55] * Threei slaps laserdave1 around a bit with a large ball of snow
[08:56] {laserdave1} laserdave1 knocks over threeis snowman
[08:57] {magoo} morning
[08:58] {Threei}  magoo :)
[08:58] {lisa_jay} Good Morning everyone.
[08:59] {wishbone} morning all
[08:59] {Threei}  lisa :)
[09:00] {magoo} minus 15 degrees with wind chill here
[09:01] {_elepet} good morning
[09:01] {Threei}  elepet :)
[09:02] {Larisa1} where are you located magoo? :) morning lisa, magoo, wish, elepet :)
[09:02] {lisa_jay} Hi Larisa
[09:04] {Onix} Good morning everybody
[09:05] {dawg} gm all
[09:05] {Threei}  onix :)
[09:05] {Onix} hi dawg
[09:05] {dawg} hello Onix
[09:07] {dino} gm all
[09:07] {Threei}  dawg, dino :)
[09:08] {dino} about 16" of snow fell from fri-sunday
[09:09] {patience} happy kids dino?   good morning
[09:10] {dino} y
[09:10] {dino} santa's arrival no problem now according to my daughter
[09:10] {Onix} hi dino
[09:10] {dino} :)
[09:11] {Threei}  not if he booked air, dino
[09:12] {Geo} good morning
[09:12] {tomg} good morning everyone
[09:12] {dino} lol
[09:12] {Geo} overnight rain here
[09:12] {Threei}  geo, tom :)
[09:12] {Threei}  rain?
[09:12] {Geo} yup
[09:12] {Geo} i know its tough
06[09:13] * Threei slaps Geo around a bit with a large list of sufferings caused by real precipitations
[09:13] {_elepet} here too. that's california for you
[09:15] {ese} morning
[09:15] {Threei}  ese :)
[09:15] {ese} slapped.... that would be a rude awakening
[09:15] {Onix} hi ese
[09:16] {ese} Vad part of Trade the news do you subscribe too?
[09:16] {ese} What part?
[09:16] {ese} onix
[09:16] {Threei}  just text
[09:16] {dptl} good morning all
[09:16] {Threei}  hate the constant voice, can't focus on it
[09:16] {Threei}  dp :)
[09:17] {ese} you liken the snow so far?
[09:17] {magoo} not telling u larisa, u scare me lol
[09:17] {ese} gotcha....
[09:17] {Larisa1} :)
[09:17] {Threei}  sound has time advantage
[09:18] {Threei}  for someone who wants to catch news a few seconds earlier that would make sense
[09:18] {ese} tks
[09:18] {Threei}  back in 5
[09:24] {KSystems} good morning :)
[09:25] {Threei}  KS :)
[09:25] {Threei}  OK guys, volume is likely to low
[09:25] {Threei}  so we are in that picky mode
[09:26] {cosmo} SQNM ... ?
[09:26] {ese} ksys...
[09:27] {Threei}  no news SQNM that I see
[09:27] {magoo} vad, keep eye on RIMM see if it wants to continue 
[09:27] {Onix} hi ks
[09:27] {magoo} from friday
[09:27] {ese} tough slog ou to the exercise room'll get your exercise just trying to make it through the snow
[09:27] {magoo} it was nice
[09:27] {cosmo} cramered ... i think
[09:28] {Threei}  lol ese
[09:28] {Threei}  RIMM, want to let it trade a bit, then see if it shapes up
[09:29] {dptl} you have snow too??? islanders
[09:29] {Threei}  yeah
[09:29] {dptl} maaan...i can't find my car anymore here
[09:29] {Threei}  lol
[09:29] {Threei}  pile of snow on wheels
[09:30] {Threei}  push alarm button on remote, see which pile of snow responds
[09:30] {dptl} lol
[09:30] {cosmo} my woody outside... al covered with snow...
[09:30] {cosmo} all
[09:31] {Threei}  DRYS bounce candidate, half lot, next leg down
[09:31] {Threei}  or .60 break if holding .50
[09:33] {Threei}  if caught it, 1:1 is reached
[09:35] {magoo} lon gQ .71
[09:37] {gen} gm everybody
[09:37] {Threei}  RIMM pullback to under .40 on watch for long entry
[09:37] {Threei}  half lot, stop under .20
[09:37] {Threei}  gen :)
[09:37] {Threei}  first strength from here
[09:37] {Onix} hi gen
[09:38] {gen} VAd Onix:)
[09:38] {Threei}  use Qs as leading indicator
[09:38] {Threei}  in .12
[09:38] {Threei}  stop under 42
[09:39] {Geo} .10
[09:39] {Geo} half out
[09:40] {Geo} stopped\
[09:40] {Threei}  yeah, wash
[09:40] {magoo} stopped Q
[09:40] {Geo} i love pten
[09:40] {Geo} copmment vad?
[09:40] {Geo} salmon
[09:41] {Geo} comment heh
[09:41] {Threei}  too low volume yet
[09:42] {lisa_jay} Stopped Rimm
[09:42] {lisa_jay} Washed.
[09:42] {Threei}  caught RIMM finally for a nice bounce but way too fast
[09:42] {lisa_jay} or Rinsed.
[09:42] {Threei}  .85 - .15
[09:43] {Threei}  market is till too nervous
[09:44] {ese} check out daily chart on SNDK
[09:44] {Threei}  10 brweak looks interesting ese
[09:44] {ese} could go along way above 10
[09:44] {ese} yes indeed
[09:46] {ese} is there news
[09:46] {ese} SNDK that is
[09:47] {Threei}  nope
[09:47] {Larisa1} SanDisk Named CES Innovations 2009 Design and Engineering Award Honoree
[09:49] {ese} tks Larisa...
[09:49] {Larisa1} yw
[09:50] {Threei} Long Setup:  MS  .40 break if stays above .30
[09:51] {magoo} in MS
[09:52] {lisa_jay} in ms
[09:55] {Threei}  come on market bounce
[09:58] {magoo} im starting to NOT believe in santa anymore
[09:59] {Geo} nawwwwww
[09:59] {Threei}  he still have couple days to convince you
[10:00] {ese} legitimate  complaint under the circumstances.....
[10:01] {Threei}  sharp pullback RIMM
[10:01] {Threei}  42 cross half lot
[10:02] {Threei}  if holding above 41.90
[10:03] {lisa_jay} r u still in MS Vad?
[10:03] {Threei}  yes
[10:05] {magoo} MS slow like this?
[10:06] {Threei}  held back by weak market
[10:06] {Threei}  can be much faster
[10:06] {Threei}  no worky
[10:07] {lisa_jay} Stopped MS.
[10:08] {Onix} stopped ms
[10:08] {magoo} stopped
[10:09] {Threei} Long Setup:  DRYS  .71
[10:09] {Threei}  stop under .60
[10:11] {magoo} vad news POT?
[10:11] {Threei}  couple downgrades
[10:11] {magoo} recent?
[10:11] {Threei}  today
[10:12] {magoo} TY
[10:12] {cosmo} poor harvest?
[10:12] {ese} just about to say that cos
[10:12] {cosmo} :)
[10:13] {Larisa1} buyers are sleeping late today 
[10:13] {Threei}  they are stuck in the snow
[10:14] {cosmo} with solstice party hang overs
[10:20] {lisa_jay} targets for Drys Vad?
[10:20] {Threei}  half at 1:1 for me
[10:20] {Threei}  holding well, want to try and milk it
[10:21] {lisa_jay} ok, thank you.
[10:21] {Threei}  watching AAPL
[10:21] {Threei}  no trade yet, but if market reverses 87 break should be nice setup
[10:23] {Threei}  ideally, want to see tighter botom to form on this pullback, and market jump up to terigger the trade
[10:23] {dino} watching rimm
[10:23] {ese} Long SNDK .66 full lot
[10:24] {ese} want to do a dino here
[10:24] {Threei}  ok... .80 - .85 support AAPL
[10:24] {Threei}  87 break long
[10:24] {dino} es?
06[10:25] * Threei kick NASDAQ in the rear
[10:25] {ese} or the Q's
[10:25] {dino} again please
06[10:25] * Threei kicks DRYS in the rear
[10:25] {dino} rimm sm l .85 risky
[10:26] {dino} too soon
[10:27] {Threei}  AAPL is invalidated
[10:27] {Threei}  maybe bounce scalp off .50
[10:29] {ese} dino don't fail me now!!!  come on SNDK.....
[10:30] {dino} aapl support pretty good around .60
[10:30] {dino} imo
[10:32] {dino} no mkt help
[10:32] {lisa_jay} Drys, stop still under .60 Vad?
[10:32] {ese} take a look at VMED's 1 min chart...... up or dn?
[10:32] {Threei}  under .65 makes sense
[10:33] {lisa_jay} thanks.
[10:34] {Threei}  half out DRYS
[10:34] {Threei}  .82
[10:35] {Geo} jpm strong
[10:35] {lisa_jay} half out .83
[10:37] {Threei}  die loonie
[10:37] {lisa_jay} hopefully a double bottom in NQ.
[10:37] {dino} ugh aapl, chickened out
[10:38] {Geo} in JPM from .94
[10:38] {lisa_jay} come on Drys....
[10:39] {dino} qqqq sm l .49
[10:39] {lisa_jay} Ahm...wrong way Drys..
[10:40] {lisa_jay} Stop moved to break even or still .65 Vad on Drys?  Thanks.
[10:40] {Threei}  JPM, cross back over 31 long half lot
[10:40] {Threei}  if holding above 30.90
[10:40] {Threei}  under .70, lisa
[10:42] {Geo} dna
[10:42] {Geo} roche upping offer rumor
[10:42] {Threei}  DNA
[10:43] {Threei}  JPM invalidated
[10:43] {Threei}  out second half DRYS
[10:43] {lisa_jay} yup, sigh
[10:43] {dino}  markets saying "suckers"
[10:44] {magoo} bounce time now imo
[10:45] {lisa_jay} what the?
[10:45] {Threei}  deuce?
[10:46] {lisa_jay} *h*t!
[10:46] {Threei}  low volume jerkiness
[10:47] {Geo} looks like momentum scalping for 10 cents order of day
[10:48] {Threei}  watching RIMM for long if NASDAQ reverses up again here
[10:48] {Threei}  42 is nice support
[10:48] {Threei}  close to a very tight stop
[10:49] {Threei}  .10 break trigger
[10:49] {Threei}  see that big ARCA offer?
[10:50] {Threei}  that's your indication of upward-bound resolve if taken
[10:51] {Threei}  white Christmas for entire Canada first time wince 1971
[10:51] {lisa_jay} JPM still valid Vad?
[10:51] {Threei}  nah
[10:53] {magoo} like butter vad RIMM .11
[10:53] {Threei}  with any market help RIMM is going to .30 - .40 at least, quite possible higher
[10:53] {Threei}  but... market help is a big unknown
[10:53] {magoo} more like 60-.70 ino
[10:54] {Threei}  that would fall into "quite possibly higher" category
[10:54] {Geo} ino = I KNOW
[10:54] {magoo} oh he he
[10:54] {magoo} geo..means i cant type worth a shit
[10:54] {magoo} ino=IMO
[10:54] {dino} black imo
[10:55] {Geo} j/k
[10:56] {dino} black=green, magoo was confused
[10:56] {Threei}  offering half above .30
[10:56] {magoo} im waiting .63
[10:56] {Threei}  andf not telling exact price lewst magoo undercuts me
[10:57] {magoo} can change mind on a dime tho
[10:57] {lisa_jay} stop under 42 Vad?
[10:58] {Threei}  roughly
[10:58] {Threei}  RIMM requires a little padding room
[10:58] {Threei}  while 42 is chart support, its last pullback bottomed out at .97
[10:58] {Threei}  so I'd say .95
[11:01] {Threei}  DRYS, interesated in bounce if falls into 10 quikcly
[11:04] {Threei}  here comes DRYS
[11:05] {Threei}  in
[11:05] {Threei}  stop around .90
[11:06] {Threei}  come on market some intestinal fortitude?
[11:07] {Threei}  half out DRYS
[11:07] {Threei}  stop to under 10
[11:08] {Chaeron} sorry I'm late... good morning all
[11:08] {Threei}  chaeron :)
[11:08] {magoo} C :)
[11:08] {Larisa1} gm Chaeron :)
[11:12] {lisa_jay} Rimm Stopped...
[11:12] {Threei}  good boy DRYS, held 10... now break .15 to confirm double bottom and go
[11:12] {magoo} target vad DRYS?
[11:12] {magoo} .40 area?
[11:12] {Threei}  want something closer to .30
[11:14] {Geo} out rimm
[11:18] {dino} out rimmm flat
[11:18] {lisa_jay} HUN
[11:23] {Geo} sigh
[11:23] {Threei}  second half DRYS no worky
[11:23] {Geo} what were you saying about santa magoo?
[11:23] {Threei}  tooth fairy?
[11:24] {Threei}  easter rabbit?
[11:24] {Threei}  don't tell me they don't exist either
[11:25] {dino} lod's
[11:26] {dino} stages of life, you believe in santa, you don't believe, you become 
[11:26] {Threei}  wow DRYS
[11:28] {dino} sso l .00
[11:31] {dino} qqqqstopped -.16
[11:33] {ese} SNDK stopped .-16
[11:37] {dino} fwiw approaching lows of last week s&p, ndx, dji broke them
[11:40] {Geo} Note this move coming in thin trading...volume on NYSE over the first two hours today is lowest since end of August
[11:40] {Geo} from briefing
[11:51] {lisa_jay} ....
[11:55] {dptl} .
[11:56] {lisa_jay} thanks DP...thought i was disconnected.
[11:56] {Threei}  no, you are fine, that's market that is disconected
[11:57] {lisa_jay} CHS Vad, Long .80 stop below .75
[11:58] {Threei}  market seems to be waking up
[11:59] {Threei}  although volume remains so anemic
[12:00] {lisa_jay} yup, but my head hurts from being a Whack - a - mole
[12:03] {Onix} same here ... lol
[12:03] {Threei}  whiners
[12:03] {lisa_jay} :-)
[12:06] {lisa_jay} FMCN down 18%
[12:09] {ese} back long SNDK with my dino strategy .41
[12:09] {lisa_jay} FMCN jumped 30 c teleportation.
[12:10] {lisa_jay} S*i*t
[12:13] {lisa_jay} i'm pretty sure that if i had bought it at .01, it would have tanked 50c.
[12:15] {Threei}  it just did
[12:15] {lisa_jay} yeah...scary stock.
[12:17] {Threei}  feeling is, market is ready to reverse
[12:18] {Threei}  took 23 cents on FMCN
[12:18] {Threei}  .02 - .25
[12:19] {Threei}  coulnd't resist, support was holding too well
[12:19] {lisa_jay} Yea...was too chicken to buy both times...where would the stop be vad if taking .02
[12:19] {Threei}  just under 9
[12:19] {lisa_jay} lol..i am an extra coward.
[12:21] {ese} vad...which feature of this Trade the news do you use...The "all Scrolling headlines"
[12:21] {Threei}  thrid time is more dangerous lisa
[12:21] {Threei}  tab News Station, eswe
[12:21] {Threei}  ese
[12:22] {lisa_jay} yeah..not taking it formed lower lowor desc. triangle almost.
[12:23] {Threei}  likely to lose 9 this time
[12:24] {magoo} whgich?\
[12:24] {dino}  sm aapl l .60
[12:25] {Threei}  FMCN mags... non-shortable anyway
[12:25] {magoo} drys vad? lose 9?
[12:25] {magoo} ok
[12:28] {lisa_jay} fmcn broke.
[12:28] {Threei}  here we go FMCN
[12:30] {lisa_jay} Reason i did not go long at .01 the first and second time it tested it was that FMCN teleports and was scared it would teleport over stop.
[12:36] {lisa_jay} Drys teleporing between .30 to .40
[12:36] {Threei}  in case you were wondering,
[12:36] {lisa_jay} fmcn
[12:37] {lisa_jay} sorry wrong screen
[12:37] {lisa_jay} drys
[12:37] {ese} how much of this news do you find effective vad?
[12:38] {Threei}  I don't know how to answer that ese...
[12:38] {Threei}  keeps me informed... allows to find the news on company of interest
[12:39] {Chaeron} and make jokes of the others
[12:39] {Threei}  that I can do without any help
[12:39] {ese} gotcha!!
[12:41] {Geo} i used to have it ese and they increased the price on me.
[12:41] {dino} only you geo
[12:41] {Geo} After they refused to negotiate, I moved to briefing
[12:42] {Geo} I find it adequate for what I want
[12:42] {Geo} it lags TTn by about 20-30 seconds
[12:42] {Geo} what can i say dino
[12:42] {Geo} I never get good thanksgiving deals too !
[12:42] {lisa_jay} lol
[12:43] {dino} lol geo
[12:45] {lisa_jay} vad u in drys?
[12:45] {Threei}  no... hesitated
[12:45] {Threei}  qwatching if we get pullback to .50 or under
[12:46] {lisa_jay} is that a double bottom?
[12:46] {Threei}  kind of yeah
[12:46] {lisa_jay} ok, thanks.
[12:48] {dino} fxi l sm .24
[12:53] {Threei}  ugh
[12:53] {Threei}  never got my pullback and missed a play completely
[12:53] {lisa_jay} pulled to .55 only
[12:54] {magoo} i missed a fill at .70
[13:03] {Threei}  grrr
[13:14] {Threei}  FNF
[13:14] {Threei}  huh?
[13:15] {Chaeron} something about Nebraska lawyers needing rehabilitation?
[13:15] {Geo} why nebraska?
[13:15] {Geo} i thought all did?
[13:17] {Threei}  lol
[13:17] {Geo} ok my scanners dead
06[13:18] * Geo checking if he paid up the subscription
[13:18] {Threei}  I even tried to sprinkle the monitor with vodka
[13:18] {Threei}  no help
06[13:18] * dptl slaps Threei around a bit with a large trout
[13:18] {Geo} i am all about the christmas spirit
[13:18] {Geo} drinking spiked eggnog since 9
[13:19] {ese} hard core!
06[13:21] * Geo passes the cups around
[13:22] {ese} paper?
[13:24] {Geo} waterford for you ese
[13:26] {Geo} vad........ no russian jokes?
[13:26] {Threei}  only funny ones geo, and I am not telling those
[13:26] {Geo} sheesh
[13:26] {Geo} yup you have a track record to protect
[13:27] {Threei}  korrekt
[13:27] {Threei}  I spent years building up my reputation of being decisively not funny
[13:27] {Threei}  not going to ruin it with one uncharacteristically and unfortunately funny joke
[13:32] {Threei}  first (latest) 4 photos at, for your seasonal viewing pleasure
[13:33] {Threei}  DRYS is back into .50 support
[13:33] {KSystems} is that your tree @home?
[13:33] {Threei}  yup
[13:35] {lisa_jay} Anyone green for the day?
[13:36] {dptl} my christmas tree :) Lisa
[13:37] {lisa_jay} You need to hang some lights on it.
[13:37] {dptl} they all green
[13:38] {lisa_jay} Nice...a reflection of your trading account.
[13:38] {dptl} well......not really lol
[13:44] {ese} not I...down -.18 on full lot
[13:48] {Larisa1} HIG faster selling off 16.50 support, not sure if good for a bounce in this market
[13:49] {Threei}  hard to tell here
[13:56] {dino} fxi stopped
[14:01] {Threei}  one of those days when you wonder why you bothered to wake up
[14:02] {Onix} so true
[14:03] {Geo} .
[14:07] {Geo} -1X here lisa
[14:07] {Geo} dont know if its the market or the eggnog
06[14:07] * Geo doesnt think its him
[14:14] {Threei}  GEOY
[14:14] {Threei}  S&P RAISES RATING TO B
[14:15] {dino} agree 3i
[14:18] {Threei}  HIG's back to 16
[14:18] {Threei}  bounce candidate if market bounces
[14:18] {dino} ok, s&p, ndx, dji all have broken last weeks closing lows (monday)
[14:21] {dino} ouch axys
[14:25] {dptl} so .10 long hig?
[14:26] {Threei}  no
[14:26] {Threei}  it's not a play on its own merit
[14:26] {dptl} i see
[14:26] {Threei}  if market reverses, get HIG
[14:27] {Threei}  whereever it is at the moment
[14:27] {lisa_jay} market selling off but Hig holding 16
[14:27] {Threei}  good
[14:28] {Threei}  makes it better bouncer if market reverses
[14:39] {Threei}  just nothing happens today
[14:39] {Threei}  Santa is drunk somewhere on Nort Pole
[14:39] {Threei}  HIG lost support
[14:39] {Threei}  DRYS won't uptick
[14:39] {dptl} can't understand that hig.........stopped
[14:41] {lisa_jay} Vad, i took .05 on HIG, it went as high as .15...then stopped out .98
[14:41] {Threei}  you had almost 1:2 then
[14:41] {Threei}  why not scalp or partial?
[14:42] {lisa_jay} Yup...did not take it.  I seem to have a problem with greed, looking for .20 on trade.
[14:42] {Threei}  on a day when nothing moves at all?
[14:43] {lisa_jay} Where would you recommmend partialling out.  Thanks.
[14:43] {Threei}  too general
[14:43] {Threei}  every market is different
[14:43] {Threei}  nothing goes much today, why stick aroundf too long
[14:44] {lisa_jay} In a choppy market, and catching bounces, partialling out at 1:1 (or slightly less)?
[14:44] {Threei}  pretty much, until market shows more follow through
[14:45] {Threei}  slightly more than an hour left, and volume is half of Friday's
[14:46] {Threei}  there are just no players to make this market readable
[14:46] {Larisa1} market just waiting untill all traders lose hope and interest. Stay alert :)
[14:47] {Threei}  I need scotch tape to keep eyelids open then
[14:48] {Larisa1} Geo can pinch you from time to time
[14:48] {Threei}  I am not taking any pinching from males
[14:48] {lisa_jay} I am not pinching...but my kids say i have a voice like a whip.
[14:48] {Larisa1} lol
[14:49] {Threei}  as long as we have text only room... fine with me :)
[14:49] {lisa_jay} Hig really wants to go...Market do your thing.
06[14:51] * Geo text only pinches vad
[14:52] {Threei}  see that 2x4 spinning above my head geo?
[14:53] {Geo} larisa made me do it
[14:53] {Threei}  that's my natural defences agains male advances
[14:54] {Threei} Long Setup:  DRYS  .50 break if stays above .40
[14:54] {magoo} in DRYS
[14:55] {Threei}  come on, last hour rally
[14:58] {lisa_jay} in .51
[14:59] {Threei}  jeez
[14:59] {Threei}  if this one is stopped, I give up
[14:59] {Larisa1} we did not even consider any shorts today because of traditional Santa rally expectations ?
[14:59] {Threei}  ok, I give up
[15:00] {Threei}  irreparable day
[15:01] {Threei}  I am not comfortable shorting boring low volume market
[15:01] {wishbone} why is low volume bad vad?
[15:01] {Threei}  rallies appear out of nowhere in such environemnt, and their speed and strength can be devastating
[15:01] {Larisa1} can explode any time
[15:01] {wishbone} ok ty
[15:02] {Threei}  none came today
[15:03] {Geo} stopped
[15:03] {wishbone} ist have day seemed like typical bear action: quick to fall, slow to climb
06[15:03] * Geo taking jug of eggnog and going home
[15:03] {dino} good idea
[15:13] {Threei}  even jumper FMCN stalled
[15:15] {Threei}  that was rude DRYS
[15:17] {Onix} absolutely!
[15:22] {peterg} ok boring low volume mket good mornng all, i mean afternoon
[15:22] {Threei}  EPIX
[15:22] {Threei}  - Approved for marketing its novel blood pool magnetic resonance angiography (MRA) agent, Vasovist (gadofosveset trisodium), to evaluate aortoiliac occlusive disease (AIOD) in adults with known or suspected peripheral vascular disease. AIOD occurs when iliac arteries become narrowed or blocked and may prevent the sufficient transport of oxygen and/or blood throughout the body.
[15:22] {Threei}  hi peter
[15:23] {peterg} Checking in from seven mile beach with a lousy connection, so instead of trading, I have to drink
[15:23] {Threei}  much better choice as far astoday is concerned
[15:23] {peterg} 85 degrees sunny soft waves laving the beach
[15:24] {dino} poor guy
[15:24] {Threei}  we hate you
[15:24] {wishbone} lol
[15:24] {Geo} life is tough
[15:24] {peterg} could be worse.
[15:24] {Larisa1} we love our snow.  it is very soft and wavy too.. right vad ?
[15:25] {peterg} Yah, minnesota is snow socked--just got out in time.
[15:25] {peterg} btw, what time is it EST?
[15:26] {Larisa1} 3:26
[15:26] {peterg} thank larisa
[15:26] {Larisa1} yw
[15:26] {wishbone} Larisa are u in victoria too?
[15:27] {Larisa1} no, I am in Mochigan
[15:27] {Larisa1} o=i
[15:27] {wishbone} ok
[15:28] {peterg} fellow Midwesterner
[15:29] {Larisa1} vad, can RIMM bounce with a market, was fighting all day
[15:30] {Larisa1} or we gave up ?
[15:33] {Threei}  doesn't look like it has fighting chance
[15:38] {Threei}  sudden jump in the market
[15:41] {Threei}  I guess i asked for a losing day for quite a while
[15:41] {lisa_jay} :-)
[15:41] {Threei}  should have gotten it finally sooner or later, lol
[15:41] {lisa_jay} Hope it is out of your system now.
[15:41] {Threei}  lol
[15:41] {Threei}  good one
06[15:41] * Geo slaps Threei around a bit with a large unjinxing roll of cash
06[15:42] * Threei humbly takes beating
[15:42] {lisa_jay} I should have waited for you to have a losing day before trading with size.
[15:42] {Geo} wo
[15:42] {Geo} dont know hot to respond
[15:42] {Geo} HOW
[15:43] {dino} 3:40 jump as usual 3i
[15:43] {Threei}  3 minutes too early today
[15:44] {Threei}  Larisa was right on RIMM
[15:44] {Threei}  this news put me ioff, don't know what to make off it:
[15:44] {Geo} she cant reply
[15:45] {Geo} she is busy counting money
[15:45] {Threei}  - After a thorough review involving both the Special Committee of independent directors and its financial and legal advisors, the Board found the RIM bid to be significantly undervalued, opportunistic and not in the best interests of Certicom shareholders.
[15:45] {Threei}  - Among other things, the Board found that, at $1.50 per share, the RIM offer does not provide fair value for Certicom''s cash on hand and the significant potential tax assets that could be available to a taxable Canadian corporation - such as RIM. Further, RIM''s hostile bid undervalues both Certicom''s valuable and unique industry-leading data encryption technology and the recent progress the Company has made in implementing its strategic plan.
[15:45] {Threei}  and DRYS... you WERE rude to us today
[15:45] {Larisa1} RIMM under 41 was due for a bounce with any market strength. too bad market is too freaky today
[15:46] {peterg} what hapened RIMM? no laser connection rrrrrr
[15:46] {Geo} umm peterg
[15:46] {Geo} you on cayman
[15:46] {Larisa1} lol
[15:46] {peterg} yah
[15:46] {Geo} its kinda sad if youre worrying aboutlaser
[15:46] {Geo} lol
[15:47] {Threei}  went up almost a buck right after Larisa aksed about its bounce and I said don't thnk so, lol
[15:47] {peterg} ah!
[15:47] {Geo} enjoy for us peterg !!!!!!!!!!
[15:47] {peterg} with pleasure, but life is of course always life. blah balh
[15:47] {peterg} hlah blah
[15:48] {dino} hmmm, not sure what to make of that
[15:48] {peterg} me either
[15:48] {peterg} I'll spare you the dark analysis of the meaning of everything.
[15:48] {dino} ty
[15:49] {peterg} So, in paradise, son is having endless fights with girfriend via computer and mopng and sulking bigtime.
[15:49] {Geo} lol
[15:50] {Threei}  how old is he??
[15:50] {Geo} how 
[15:50] {Geo} lol
[15:50] {peterg} Am not allowed to knock him out; he would knock me out. 
[15:50] {peterg} 18 freakin years ld old
[15:50] {peterg} but 12 in heart
[15:50] {dino} ahhh, now i get it
[15:50] {peterg} good kid but geez
[15:50] {dino} teva smackdown
[15:51] {dino} explain about girl #3
[15:51] {peterg}  ah well enjoy! Ill see you tmorow! Good idea dino
[15:51] {Threei}  take care peter, enjoy
[15:51] {dino} he doesn't know her yet but she's out there and better than 1 &2
[15:51] {Threei}  I am afraid to ask about #4
[15:51] {dptl} have a good evening all
[15:51] {peterg} tks ill check back. right one dino
[15:51] {Threei}  take care dp
[15:52] {Threei}  argh DRYS
[15:53] {magoo} I HATE DREYS
[15:55] {Threei}  serious move on that FDA approval, EPIX
[15:56] {wishbone} ty vad and all.
[15:56] {wishbone} have a good nite
[15:56] {Threei}  take care wish
[15:57] {Larisa1} 3 min to go positive :)
[15:57] {Threei}  lol
[15:58] {Geo} got bumped
[15:58] {lisa_jay} Did you take the Rimm trade Larisa?
[15:58] {Larisa1} I am not trading until jan 1th. Just watching for now
[15:59] {gen} bye everyone
[15:59] {Threei}  have a good evening all, see you tomorrow
[16:00] {lisa_jay} Thanks Vad.  Bye everyone.
[16:00] {Larisa1} bye
[16:00] {Geo} bye all
[16:01] {dino} think, think, think
[16:01] {dino} patience, last two months markups, 3 days each huge moves, do they happen again