Jan 28 2009

Somewhat tiresome day. One of those where you have the right read on the market yet hard time utilizing it. Only toward to end of the day things started working out and gave a few nice trades on HIG, FAS, RIMM, DRYS

Session Time: Wed Jan 28 00:00:00 2009

[07:29] {hawkfan4} 'ally

[07:31] {Threei}  "bad bank" inspired?

[07:31] {hawkfan4} that and i think europe and asia up nice

[07:32] {hawkfan4} haven't had enough coffee yet 

[07:32] {Threei}  that's wrong 'rally

[07:32] {Threei}  IMO

[07:32] {Threei}  will fizzle out

[07:32] {Threei}  but who cares... we will take it while it lasts

[07:33] {hawkfan4} think so too, fed day, who knows

[07:33] {Threei}  yeah, and mainly... I just don't think any rally led by financials is going to last

[07:34] {Threei}  recovery in real economy, reversal in job market etc is what needed,

[07:34] {Threei}  thus rally led by techs, yeah, yhat I believe

[07:35] {Threei}  and other stuff like that,

[07:35] {Threei}  stocks that forecast recovery in their respective sectors in real economy

[07:36] {hawkfan4} someday they'll show their hand, but i agree, the financials are a fade at some point

[07:38] {hawkfan4} need more coffee, back in a few

[07:52] {nemo} Gruess dich!

[07:56] {Threei}  nemo :)

[07:58] {nemo} Wie geht's heute (nachmittag?) Jung?

[07:59] {Threei}  umm... who are you talking to? :)

[08:00] {nemo} Oh yeah, it wasn't K that responded.  Morning vodka pick-me-ups might not be a good idea.

[08:00] {nemo} Vad :)

[08:01] {nemo} Oh, the Post Office tried to deliver the  BVO yesterday...to my next door neighbor....

[08:01] {Threei}  lol

[08:02] {Threei}  BAC is trying

[08:02] {hawkfan4} ugg, still looking at my order for BAC at 7.39 that i didn't send

[08:03] {Threei}  C is knocking against 4.30

[08:03] {nemo} Yeah, I heard financials took off last night on talks of the bank

[08:05] {KSystems} hi nemo ;)

[08:05] {Threei}  01/27/09 05:04pm

[08:05] {Threei}  (US) US bad bank plan may be announced next week - CNBC's Liesman

[08:05] {Threei}  - Also reports sources say a bank insurance plan similar to the arrangements given to BoA and Citi is in the works, though sources say it will not be "systematic."

[08:05] {Threei}  - Follow Up as of 11:54 PM EST: Reportedly, the FDIC's Chairman Bair wants to run the bad bank.

[08:05] {Threei}  - Reminder: Senator Dodd confirmed earlier that the Obama Administration is mulling a "bad bank" solution

[08:05] {nemo} K :) guten Nachmittag.

[08:07] {nemo} RIMM not doing too badly either

[08:10] {hawkfan4} morning nemo, all

[08:10] {hawkfan4} BAC .70 break Vad?

[08:11] {Threei}  well... as much as technicals can be trusted premarket

[08:11] {hawkfan4} :) true

[08:11] {Threei}  look at DRYS

[08:12] {Threei}  C chewed through .30... and stalled

[08:13] {Threei}  trying now

[08:14] {Threei}  BALTIC DRY BULK INDEX +1%

[08:15] {Threei}  FAS is up big

[08:16] {Threei}  one of the ways to play financial sector

[08:17] {nemo} Maybe can pay for the Bahamas toay :)

[08:17] {nemo} today

[08:17] {Threei}  FAS is FINANCIAL BULL 3X

[08:17] {hawkfan4} yep, FAZ 3X bear

[08:17] {nemo} Yeah, watch FAS regularly, and it's small cap brother TNA (gotta' love the call letters)

[08:17] {hawkfan4} TYH 3X tech bull

[08:18] {nemo} ERX, ERY energy

[08:18] {nemo} hawk-from Chicago?

[08:19] {hawkfan4} yessir

[08:19] {hawkfan4} where are you?

[08:19] {Threei}  WFC, mama mia

[08:19] {nemo} Hull, Esposito, Makita

[08:19] {nemo} Boston

[08:19] {hawkfan4} Orr

[08:19] {nemo} or was Hull Detroit? getting ol

[08:20] {hawkfan4} Borque

[08:20] {nemo} Yeah, I grew up watching Orr...absolute Magician

[08:20] {hawkfan4} Bobby Hull chicago

[08:20] {nemo} Bourque was such a stalwart class act.  When he won the cup with Colorado, he brought it to Boston to share with the fans.  He settled here

[08:21] {hawkfan4} yeah, i liked him

[08:21] {nemo} on a market note...so, does everything rocket out of the gate, or do we get the proverbial "pull back"?

[08:22] {Threei}  yes

[08:22] {nemo} helpful

[08:22] {nemo} definite maybe I see

[08:24] {Threei}  we are getting first pullback since 8 am in financials

[08:25] {Threei}  if we get so lucky to see C 10-15 cents lower, worth considering

[08:25] {Threei}  BAC, 20-25 cents

[08:28] {nemo} larisa :)

[08:28] {larisa} good morning :)

[08:28] {Threei}  larisa :)

[08:28] {larisa} nemo, vad :)

[08:29] {elepet} good morning all

[08:29] {Threei}  elepet :)

[08:30] {Threei}  not much of pullback so far

[08:31] {Threei}  maybe double top and finally some dip

[08:33] {Threei}  if C holds .45 and breaks .52, that would be little C&H

[08:33] {cujo} morning 

[08:34] {Threei}  cujo :)

[08:35] {cujo} started watching the swing trading video last night.  

[08:35] {cujo} picture of your trading room is funny. 

[08:35] {Threei}  why?

[08:35] {cujo} its the picture of you in what looks like an old submarine...

[08:36] {Threei}  hmm?

[08:36] {cujo} the fake picture in the beginning...

[08:36] {Threei}  I am lost

[08:36] {larisa} time to rewatch your own course :)

[08:36] {Threei}  there is no picture of me in swing trading video as far as I know

[08:37] {larisa} scalp course

[08:37] {cujo} sry.  In the beginning there is a fake photo.  You have a cut out of you on top of some old picture of what look slike a war room or something...  

[08:38] {Onix} Good morning all :)

[08:38] {cosmo} YHOO active at premkt high

[08:38] {Threei}  onix, cosmo :)

[08:38] {cosmo} 12.12

[08:38] {cosmo} 3i:)

[08:40] {Threei}  double top scenario so far

[08:41] {Threei}  cujo... why fake... that's my actual trading environment

[08:41] {cujo} really?  nice...

[08:43] {larisa} and i am Marilyn Monroe

[08:44] {Threei}  carefull... I am very gullible

[08:44] {nemo} doing well from the grave Larisa...

[08:44] {larisa} lol

[08:46] {hawkfan4} BAC getting there

[08:46] {Threei}  C too

[08:51] {nemo} How's ele's "pet" doing?

[08:51] {magoo} morning

[08:51] {Threei}  magoo :)

[08:51] {nemo} mag :)

[08:52] {dino} gm all, here come the 800 point markups (3 days to go)

[08:52] {Threei}  dino :)

[08:52] {Threei}  I see dino won mirc war... magoo is still in combat

[08:52] {nemo} dino :)

[08:52] {cujo} morning magoo, dino

[08:52] {dino} we'll see tomorrow

[08:52] {nemo} dog :)

[08:52] {magoo} sigh

[08:52] {dino} lol nemo

[08:53] {nemo} c'mon Mags, suck it up!

[08:53] {cujo} morning nemo

[08:53] {Threei}  this could be one of those openings when DRYS does its thing

[08:53] {magoo} u pushing your luck lil man {soup nazi to george}

[08:54] {nemo} don't pick on me because I'm short...

[08:54] {nemo} I have a complex

[08:55] {magoo} ahhh nemo..5'1 isnt short he he

[08:55] {nemo} yeah, but it was the perfect height when I hugged my six foot girlfriend

[08:55] {hawkfan4} lol

[08:55] {magoo} UHHHHHH

[08:56] {elepet} old pet gone(gern). not reliable. new pets  dsx and old faithful drys. holding from yesterday. both up  alot this morning.

[08:56] {dino} vprt?

[08:58] {dino} another 5" of snow and still falling. getting tiresome

[08:58] {magoo} where u live dino?

[08:59] {nemo} yeah' we're getting whacked by another bout of white global warming...errr...climate change

[09:01] {hawkfan4} same here dino, got 3 or 4, i'm ready for spring

[09:01] {nemo} we're supposed to get a foot, then rain on top

[09:02] {cujo} hate winter

[09:02] {cujo} sux

[09:02] {magoo} where u live hawk..nemo?

[09:02] {nemo} boston

[09:03] {magoo} ahhhh..been there

[09:03] {magoo} nice city

[09:03] {elepet} you can all come visit me in mexico after Feb 9. . lots of sunshine. 84 degrees. 

[09:04] {nemo} Yeah, it's pretty cool...but the older I get the farther away I want to be from the huddled masses.  I'll take the mountains during hunting season thank you

[09:04] {nemo} Guess I'd have to switch from Vodka to tequila...the worm...

[09:04] {hawkfan4} chicago mags

[09:04] {nemo} where are you Mags

[09:06] {magoo} nort east pennsy

[09:06] {nemo} Oh, jeez...you've got so many deer down there, they're pets!!

[09:06] {magoo} yup

[09:06] {magoo} bear too

[09:07] {magoo} largest black bear in entire country

[09:07] {nemo} how big is that?

[09:07] {magoo} 650 lbs

[09:07] {nemo} yep

[09:07] {nemo} big

[09:07] {cujo} that is a big bear

[09:07] {cosmo} do you get any Bigfoot?

[09:07] {nemo} they hate the cold

[09:08] {cosmo} oh?

[09:08] {nemo} now their cousins the Yeti, on the other hand...

[09:09] {Threei}  if DRYS opens around this level, one of two scenarios is likely:

[09:09] {Threei}  first (my preferrable) is, sharp drop, probably to 11.70- 11.80, then strong rebound

[09:10] {Threei}  second, more risky, break of 11.30 and big jjump

[09:10] {nemo} 11.30?

[09:10] {Threei}  12.30

[09:10] {nemo} ty

[09:12] {elepet} I'm betting on the latter.  hehehehe. that's why i'm still holding.

[09:13] {magoo} just keep in mind...sell this pop could be in the cards

[09:13] {magoo} not saying it is

[09:13] {magoo} but keep in mind

[09:14] {magoo} vad..u watching any of the banks?

[09:14] {Threei}  C, BAC

[09:15] {magoo} WFC C UBS JPM STT

[09:15] {Threei}  you may want to watch FAS also

[09:15] {Threei}  x3 financials

[09:16] {magoo} a long fund?

[09:16] {Threei}  yes

[09:16] {Threei}  FAZ is short one

[09:16] {magoo} faz a short fund correct?

[09:16] {magoo} as i typed

[09:16] {hawkfan4} FAZ is the short 3X financials

[09:16] {magoo} u read my moind

[09:16] {Threei}  scary

[09:17] {nemo} psychic cellmates

[09:17] {Threei}  I have to say for the record, I strongly disagree with most I see in there

[09:17] {nemo} hehehehe

[09:17] {nemo} is it that affinity for sheep vad?

[09:18] {dino} xlf 2x

[09:18] {Threei}  I'll leave it to mags to comment on that

[09:19] {nemo} uyg too Dino

[09:19] {dino} ty

[09:20] {nemo} It's almost like they're all milling around the starting line

[09:21] {dino} fed 2:15 today

[09:21] {Threei}  yeah

[09:21] {nemo} I think the only news that could come out of that is neutral or bad

[09:21] {dino} imo, just relax at open, lets see where it wants to go

[09:21] {Threei}  although I don't know what can come out of it that would be of any surprise

[09:21] {nemo} raising interest rates

[09:22] {dino} lol

[09:22] {Threei}  seems pretty much predetermined non-event

[09:22] {nemo} I agree...that's what scares me...that's what I logically think should happen

[09:22] {Threei}  as far as rates policy goes, we are bound to stall for a while

[09:23] {Threei}  no room to cut and no one is so crazy to start raising just yet

[09:24] {dptl} gm all

[09:24] {Threei}  dp :)

[09:24] {ese} morning

[09:24] {cujo} morning

[09:24] {fernp} hello everybody

[09:24] {Threei}  ese :)

[09:24] {Threei}  fern :)

[09:25] {Threei}  DRYS so far holds the level

[09:25] {Threei}  C and BAC pulled back a bit

[09:26] {Threei}  I'll repost on DRYS for late joiners

[09:27] {Threei}  08:13am Baltic Dry Bulk Index +1%, seventh consecutive increase

[09:28] {elepet} all components are way up today. 

[09:29] {Threei}  FAS is trying to consolidate under 11.20

[09:30] {Threei}  hopefully opening ranges will form over couple minutes, immediate breaks are tough to play

[09:30] {Threei}  DRY seems to go for the first scenario

[09:31] {Threei} Long Setup:  DRYS  .15 if holding above 12, half lot

[09:32] {Threei}  FAS jumped

[09:32] {KSystems} in DRYS

[09:32] {Threei}  big offers there KS... don't be first to buy

[09:35] {KSystems} and out

[09:36] {larisa} STT

[09:36] {Threei}  yup, switches to deeper drop and bounce scenario

[09:36] {Threei}  STT is pure crazy

[09:36] {ese} CENX dino...downgraded from strong buy o buy

[09:36] {nemo} perfect for Mags

[09:37] {Threei}  DRYS is ready

[09:37] {Threei}  .90 break

[09:37] {dino} sm eqix l .00

[09:37] {nemo} look at the orer at .90

[09:37] {nemo} order

[09:38] {Threei}  that's why its break is long trigger

[09:38] {nemo} missed it

[09:39] {Threei} Long Setup:  PLD  11.30 break

[09:39] {Threei}  stop under .20

[09:41] {nemo} what's stop on DRYS .80

[09:41] {Threei}  .75

[09:42] {Threei}  PLD no worky

[09:43] {nemo} lot ov overhead @12 on DRYS

[09:44] {nemo} no worky=invalidate?

[09:45] {hawkfan4} means stopped

[09:45] {Threei}  STT

[09:45] {Threei}  REPORTS EQUITY ASSETS UNDER ADMINISTRATION AT $138B

[09:46] {fernp} cover C +.15

[09:47] {dino} sounds like stt is putting itself up for sale

[09:49] {dino} out eqix .50, +.50

[09:49] {hawkfan4} nice

[09:49] {dino} apol not participating

[09:49] {nemo} Vad would there be  a lot of selling @ this level of DRYS because of the gap up overnight?

[09:50] {dino} ty hawk

[09:50] {Threei}  who cares about whys?

[09:51] {hawkfan4} FAS .25, stop 11

[09:51] {Threei}  C

[09:51] {Threei}  GOVT OF SINGAPORE DISCLOSES PASSIVE STAKE

[09:51] {nemo} probabilities

[09:52] {hawkfan4} stop to 11.10 on FAS

[09:52] {dino} are you sure its not pass the steak?

[09:52] {Threei}  GEORGE SOROS: BAD BANK MAY NOT BE THE BEST WAY TO DEAL WITH FINANCIAL CRISI

[09:52] {dino} talking his book

[09:52] {Threei}  I understand he has a better idea

[09:53] {dino} they need a "bad trades" bank too

[09:54] {cujo} ha ha ha.  error acct bank?

[09:54] {Threei}  market is shaky here

[09:54] {dino} watching t, vz, apol

[09:55] {dino} massive gap ndx from open

[09:55] {Threei}  would hate to see repetition of this yesterday's sharp up and down with no rhytm

[09:55] {fernp} DRYS is forming a DBI

[09:56] {Threei}  either that or double bottom

[09:56] {nemo} hope it's a salmon?

[09:56] {Threei}  nah

[09:56] {dino} gap fill and rock after fed mtg my bet

[09:56] {Threei}  DRYS is practically never a salmon

[09:57] {Threei}  who is uncomfirtable, just scratch it

[09:57] {Threei}  it's around breakeven

[09:57] {nemo} trade the plan

[10:01] {Threei}  FAS looks better and better for you hawk

[10:01] {Threei}  hope I don't jinx it

[10:01] {magoo} RIMM vad..reading it?

[10:02] {hawkfan4} agree, stop under .20 now

[10:02] {Threei}  looks like .90 break on RIMM mags

[10:02] {KSystems} should drys stop be trailed?

[10:02] {Threei}  if holding .70 and if market helps

[10:03] {Threei}  .80 held a few times KS

[10:03] {Threei}  so, it's reasonable

[10:05] {Threei}  lost support

[10:06] {KSystems} stopped

[10:06] {fernp} stopped

[10:06] {dino} t sm l .00

[10:06] {Onix} stppped

[10:06] {nemo} stopped

[10:07] {dino} apol filling gap

[10:09] {Threei}  HIG woke up

[10:09] {Threei}  long time no see

[10:10] {ese} L DISH .80 3/4

[10:10] {Threei}  remember my yesterday's "odd call" on NURO?

[10:11] {hawkfan4} yep, strange stock

[10:13] {Threei}  HIG, sharp pullback into .50 will be interesting for bounce

[10:17] {Threei}  partialing any on FAS yet hawk?

[10:17] {Threei}  or you are in till insane numbers?

[10:18] {Threei}  NURO... sheesh

[10:18] {hawkfan4} gonna dump 1/2 if i see .45 bid

[10:20] {hawkfan4} now .55

[10:20] {hawkfan4} out 1/2 + .30

[10:20] {ese} OUT DISH .04 +.24

[10:20] {Threei}  wtg

[10:21] {ese} tks

[10:22] {hawkfan4} dumped the rest .55

[10:23] {Threei}  .35 - .40 is probably re-entry

[10:26] {nemo} drys back on?

[10:27] {Threei}  on pullback, maybe\

[10:27] {Threei}  breakouts don't work so far

[10:27] {magoo} agree vad

[10:28] {nemo} alot want out at 12

[10:28] {dino}  algt waking up

[10:28] {dino} hod trig imo

[10:29] {hawkfan4} watching BAC .60 break

[10:30] {Threei}  *DOE CRUDE: +6.2M V +2.7ME

[10:30] {Threei}  GASOLINE: -121K V +1.5ME;

[10:34] {Threei}  anyone took FAS on pullback into .40?

[10:35] {cujo} caught that one hawk.  Thanks. 

[10:35] {hawkfan4} got back in .63, nice cujo

[10:36] {cujo} yeah in .62 out here 1:1

[10:36] {cujo} drys making moves

[10:39] {dino} ughhhhh es, we screwed up apol

[10:40] {dino} was waiting 77.22

[10:40] {Threei}  PRESIDENT OBAMA: CONFIDENT IN CHANCES FOR APPROVAL OF ECONOMIC STIMULUS PACKAGE

[10:40] {Threei}  - A congressional Vote is scheduled for today

[10:42] {Threei}  HIG's pullbacks are not as deep as we would want

[10:42] {Threei}  closer to 17 I'd feel safer

[10:43] {Threei}  but if market stages another break, probably won't happen

[10:45] {cujo} l GS .11

[10:46] {dino} obama meets w/ceo's "hey guys, what will you give me if i get you tax $"

[10:48] {Threei} Long Setup:  CHK  .47 if holding above .35

[10:49] {magoo} in

[10:49] {KSystems} in

[10:50] {fernp} in

[10:51] {cujo} in

[10:51] {cujo} target Vad?

[10:51] {dino} out algt .68, +.18, markets pull back

[10:52] {Threei}  as always

[10:52] {Threei}  half out around 1:1

[10:52] {cujo} thanks

[10:52] {Threei}  .50 break should give a spike

[10:53] {dino} wmt, mcd negative

[10:53] {Threei}  HIG better pullback

[10:55] {magoo} as with anything mkt related

[10:55] {magoo} the bathroom indicator has switched today

[10:55] {magoo} if go in restrm..mkt goes up

[10:56] {magoo} so play accordingly

[10:56] {Threei}  just let us know

[10:56] {magoo} yup

[10:57] {Threei}  missed HIG by 1 cent

[10:57] {Threei}  anyone caught it?

[10:58] {cujo} nope

[10:58] {hawkfan4} nope

[10:58] {magoo} nope

[11:00] {KSystems} nope

[11:03] {ese} have enjoyed watching this move by DISH.....classic cup and handle...consolidating...should take off from here

[11:03] {dino} lol

[11:03] {Threei}  market looks ready for a break

[11:03] {ese} bstop 1/2 at .30

[11:04] {ese} should help dish

[11:04] {Threei}  which probably in terms of last day or two trading means we will drop500 points in the next 2 minutes

06[11:04] * KSystems slaps CHK around a bit with a large chart of uptrending NQ

[11:05] {dino} laughing at your "have enjoyed" comment es

[11:05] {Threei}  it pretty much behaves KS

[11:05] {Threei}  just needs market break

[11:05] {Threei}  didn't pull back anywhere as deep as market did

[11:06] {KSystems} i didnt kick it...was just a slap between friends

[11:06] {Threei}  hmmm

[11:06] {Threei}  you mean you don't kick your friends?

[11:06] {ese} make that bstop .29

[11:06] {KSystems} no Vad, I'm a nice guy

[11:06] {cujo} only when they are "down"

06[11:06] * KSystems crosses his fingers

[11:06] {Threei}  my idea of friendship must be different...

[11:07] {dino} throw some salt over your shoulder

[11:07] {magoo} [11:06] {cujo} only when they are "down"

[11:07] {magoo} would have expected that out of nemo lol

[11:08] {cujo} he he he

[11:08] {nemo} I'm so short I'm hitting them in the kneecaps anyway

[11:08] {Threei}  series of promises that actually speak of true friendship

[11:08] {nemo} where'd you get that?

[11:08] {Threei}  1. When you are sad -- I will help you get drunk and plot revenge against

[11:08] {Threei}  The sorry bastard who made you sad.

[11:08] {ese} long .29 dish

[11:09] {Threei}  4. When you are scared -- I will rag on you about it every chance I get.

[11:09] {Threei}  5. When you are worried -- I will tell you horrible stories about how much

[11:09] {Threei}  Worse it could be until you quit whining.

[11:09] {Threei}  6. When you are confused -- I will use little words.

[11:09] {Threei}  7. When you are sick -- Stay the hell away from me until you are well

[11:09] {Threei}  Again. I don't want whatever you have.

[11:09] {Threei}  8. When you fall -- I will point and laugh at your clumsy ass.

[11:09] {Threei}  9. This is my oath.... I pledge it to the end. 'Why?' you may ask;

[11:09] {Threei}  'because you are my friend'.

[11:09] {Threei}  now, guess who sent that to me

[11:10] {nemo} Vad lies

[11:10] {KSystems} now it may be time for some kicking CHK

[11:10] {Threei}  I don't like this CHK hesitance

[11:10] {dino} the rich guy from africa that wants to use your checking acct

[11:11] {Threei}  let's trail stop to under .40

[11:11] {KSystems} out

[11:11] {cujo} out

[11:11] {Threei}  it should have been at .60 by now if it wanted to go

[11:11] {magoo} i thought it was his wedding vows lol

[11:11] {cujo} ha ha ha

[11:12] {Threei}  my wedding vow was,

[11:12] {Threei}  I don't promise you'll be happy with me... but I do promise you won't be bored

[11:12] {magoo} my was..."i swear i used a condom..but hey...here we are at the altar"

[11:12] {fernp} stopped

[11:12] {nemo} His wife:What's ours is mine, what's yours is mine, and what's mine is mine Vad:  What's ours is yours, what's mine is yours and what's yours is yours

[11:13] {dino} ahh the 3 rings of marriage, the engagement ring, the wedding ring, and the suffering

[11:13] {nemo} which leads to hallway sex

[11:13] {hawkfan4} lol dino

[11:13] {Threei}  FDIC SPOKESPERSON DECLINES COMMENT ON POTENTIAL FOR VARIOUS 'BAD BANK' MANAGEMENT BY GOVT AGENCIES

[11:13] {dino} :)

[11:13] {nemo} FAS on steroids today

[11:14] {magoo} [11:13] {nemo} which leads to hallway sex

[11:14] {magoo} standing on a chair nemo?

[11:16] {nemo} mags' I sent you a personal message

[11:16] {magoo} in dcc?

[11:16] {magoo} ROFLOL

[11:18] {dino}  mcd sm l .50

[11:19] {dino} opps .49

[11:19] {dino} thx chuck

[11:20] {magoo} out GS .75

[11:20] {magoo} TY cujo

[11:20] {cujo} nice

[11:20] {dino} gj

[11:20] {cujo} you got in? 

[11:21] {magoo} yeah..u brought too my attention

[11:21] {cujo} cool.

[11:21] {Threei}  IRANIAN PRES AIDE: NO PLANS TO HALT NUCLEAR WORK IN LIGHT OF US CALLS FOR HALT WITH REGARDS TO UN RESOLUTIONS

[11:22] {Threei}  UPDATE: GM CANCELS CONTRACTS TO BUILD NEW ENGINE PLANT IN FLINT, MI; DOES NOT MEAN THE END OF THE VOLT HYBRID VEHICLE - FOX BUSINESS NEWS

[11:22] {Threei}  HIG

[11:22] {Threei}  trying hard at .50

[11:23] {nemo} HIG's president leaves for Obama's staff

[11:23] {dino} iranian pres., "if obama gives us a few hundred million, we will stop nuclear work for.....hmmmmmm... let's say 6 months

[11:23] {Threei}  that;'s why stock so happy?

[11:24] {nemo} I have know eye deer

[11:24] {magoo} GM to start building nuclear weapons grade for IRAN.."CEO...what the hell..auto indudstry blows"

[11:24] {nemo} mags dcc

[11:24] {magoo} OY

[11:25] {dino} out t .40, +.40

[11:25] {dino} lol magoo

[11:25] {dino} more $$$$ in it

[11:25] {Threei}  if market breaks again, HIG becomes a .50 break play

[11:27] {Threei}  FAS non-stop

[11:27] {magoo} how about pullbk vad?

[11:27] {magoo} hig

[11:28] {Threei}  sure it that's what happens

[11:31] {Threei}  prez on TV

[11:31] {magoo} vad..u ditch CHK?

[11:32] {Threei}  yes

[11:32] {magoo} DAMMIT

[11:32] {Threei}  ?

[11:33] {magoo} just funnin

[11:34] {dino} deck

[11:34] {Threei}  HIG pulled back about 20 cents

[11:35] {Threei}  GM

[11:35] {Threei}  CONFIRMS WILL CLOSE JOBS BANK ON MONDAY

[11:37] {ese} just finished looking at a whack of daily charts.....a ton of double and triple bottoms been put in....

[11:37] {nemo} C&H on DRYS?

[11:38] {Threei}  don't know on DRYS

[11:38] {nemo} probably a bit ragged

[11:42] {Threei}  that was one spectacular bounce HIG

[11:42] {elepet} is anyone still in drys?

[11:42] {hawkfan4} geesh, was trying to get an order ready on HIG and it was gone

[11:42] {magoo} not i

[11:43] {cujo} yeah lot of names just bounced. 

[11:43] {Threei}  hawk, what are you, typing in datek order form?? :)

[11:43] {hawkfan4} lol, no, i fax it to my broker ;})

[11:44] {nemo} what? no carrier pigeon?

[11:44] {hawkfan4} i've upgraded

[11:44] {dino} lol

[11:44] {nemo} carrier hawk?

[11:44] {hawkfan4} exactly

[11:45] {ese} It's traditional for the Canadian finance minister to buy new shoes before a new budget is released.......rumor has it that our guy bought some CROC's.........

[11:45] {nemo} as in Taurine Excrement

[11:46] {cujo} mmmmmm...  taurine......

[11:46] {ese} maybe nemo......ya just never know up here

[11:48] {nemo} we can be more sure down here....definitely!

[11:54] {dptl} we have airline etf now..faa

[11:56] {magoo} DRYS is different today vad imo.........its gonna surprise to upside just to p*ss magoo off

[11:56] {dino} deck a bit crazy

[11:57] {dino} taunting me, like a siren sog to short it

[11:57] {dino} song

[12:01] {Threei}  HIG broke

[12:03] {Threei}  watching for pullback

[12:03] {Threei}  you are thinking .20 reak on DRYS still mags?

[12:03] {elepet} magoo..are youa DRYS fan?

[12:04] {i2romantis} CHK?

[12:04] {Threei}  not sure about it i2r

[12:05] {magoo} more like antiDRYS here

[12:05] {elepet} sae same

[12:05] {dino} sm l wmt .74

[12:05] {nemo} so....wetships?

[12:05] {elepet} I can't seem to sell it. in from 11.82 yesterday.

[12:06] {nemo} emotionally attached again elepet?

[12:06] {elepet} yup.

[12:06] {Threei}  it's just a symbol

[12:06] {Threei}  4 letters

[12:06] {Threei}  what to be attached to

[12:07] {nemo} must have been somethin' in his childhood

[12:07] {cujo} going to run some errands.  See you all in a few. 

[12:07] {Threei}  in all fairness, it does form the setup... .10 - .20

[12:08] {magoo} agrre vad..but really do hate it

[12:08] {Threei}  AAPL strength

[12:09] {Threei}  HIG is ready for sharp dive

[12:09] {nemo} getting right shoulder on FAS?

[12:11] {Threei}  looked like dive under .50, HIG... held above

[12:13] {i2romantis} out CHK +.15

[12:14] {dino} gj

[12:15] {i2romantis} learning to be emotionally detached from price going up after i sell :)

[12:16] {magoo} out .71 CHK

[12:16] {magoo} TY vad

[12:16] {Threei}  HIG... .75 break if breaks are back

[12:16] {Threei}  can't tell whether they are...

[12:16] {Threei}  .50 one worked

[12:17] {Threei}  so did CHK

[12:18] {dino} i2r, exactly, a scalp is a scalp

[12:18] {i2romantis} yep

[12:23] {i2romantis} funny, if i followed the strategy for raising stops (which I did in my mind once i sold), i'd be selling it at .83, another +.2 with no risk, so that's another learning, not trying to jump ship when already in profit zone

[12:24] {i2romantis} but a great thing about scalping is that another trade is pretty much around the corner :)

[12:25] {Threei}  partialling out is the answer for this kind of situations, i2r

[12:25] {dino} i2, good job

[12:25] {dino} always a hundred trades out there.

[12:25] {dino} thats why i trail tight w/stops, expecially when in the $

[12:26] {i2romantis} ok

[12:26] {dino} thin atm machine

[12:26] {dino} think

[12:26] {Threei}  HIG revisited .50 once again

[12:27] {Threei}  DRYS broke, and makes new highs slowly

[12:27] {magoo} must confess took .24 DRYS

[12:28] {elepet} passed .30. now what?

[12:28] {magoo} prob disappoint

[12:28] {magoo} time for RIMM to catch up

[12:29] {magoo} ketchup??

[12:29] {Threei}  it's already above 1;1

[12:30] {Threei}  anyone took HIG this time?

[12:31] {hawkfan4} not me, just watching for now

[12:37] {Threei}  all I see is microscalps

[12:37] {Threei}  7 cents here, 12 cents there

[12:38] {Threei}  market is consolidating for another leg up, and most likely that's what is going to happen

[12:38] {nemo} are you talking today Vad?

[12:38] {Threei}  yeah

[12:39] {nemo} ty

[12:42] {dino} leg up? pretty much stuuck in tight range

[12:43] {dino} time will tell

[12:43] {larisa}  I will pretend i am dino and say we finish DJI +45 today again :)  dino, pretend you are you, what you say ? :)

[12:44] {dino} +300

[12:44] {larisa} wow

[12:44] {dino}  end of day fri 8900

[12:44] {Threei}  I am with dino

[12:44] {dino} next week -6%

[12:44] {dino} that's the pattern

[12:45] {dino} they hasve to paint the tape so mutual fund statements don't look so bad. $ needs to stay in. fed says (win-wink) we are not paying attention to that right now

[12:56] {nemo} HIG hiccupping

[12:56] {Threei}  HIG became a regular bouncer off each selloff

[12:57] {Threei}  RIMM... if market helps, 58 break for a scalp

[12:57] {larisa} 56?

[12:57] {Threei}  56

[12:58] {magoo} in 58

[12:59] {Threei}  overp[aid a bit I'd say

[13:00] {nemo} nice dump fas

[13:01] {Threei}  HIG almost ready

[13:02] {Threei}  got .26

[13:02] {Threei}  .19 stop

[13:03] {Threei}  half out .35

[13:06] {Threei}  stop to .23

[13:06] {nemo} Mags?  Gotta' go to the bathroom yet?

[13:07] {larisa} lol, what a spike :)

[13:07] {magoo} ok talkin from my keybd in restrm

[13:07] {larisa} stay there magoo :)

[13:07] {Threei}  lol

[13:07] {Threei}  out in full .49

[13:07] {hawkfan4} out HIG +.14, thx vad

[13:08] {jmb} thanks vad

[13:08] {i2romantis} very nice 3i

[13:08] {Threei}  here is that next leg

[13:09] {magoo} out here .57 TY

[13:10] {Threei}  nice

[13:10] {Threei}  more patience than I have

[13:11] {dptl} grabbed .23 on stt bounce

[13:11] {Threei}  wtg

[13:12] {Threei}  I just couldn't bring myself to call it

[13:12] {cujo} miss anything?

[13:12] {dptl} ty

[13:13] {Threei}  just one HIG scalp cujo

[13:13] {Threei}  not much

[13:13] {cujo} thanks

[13:13] {hawkfan4} but it was for 4 dollars

[13:13] {nemo} DON"T TELL HIM THAT

[13:13] {Threei}  for very patient, 4.03

[13:13] {nemo} You guys are mean

[13:13] {hawkfan4} :)

[13:13] {Threei}  and proud of it

[13:13] {dino}  mcd stop to .85

[13:14] {hawkfan4} trying AKS .26

[13:15] {dino} ti .89

[13:17] {Threei}  stop under .20 hawk?

[13:17] {hawkfan4} yep

[13:17] {dino} stopped mcd .89, +.40

[13:18] {Threei}  lol HIG

[13:18] {Threei}  overstretches bands in both directions

[13:19] {nemo} dripping volume on last rise

[13:19] {nemo} dropping

[13:19] {gen} hi everybody :)

[13:19] {Threei}  I like dripping

[13:19] {Threei}  hey gen

[13:20] {cujo} DRYS 12.25?

[13:20] {gen} Vad :)

[13:20] {Threei}  not at the top of such spike

[13:20] {Threei}  let it pull back

[13:20] {Threei}  hig

[13:21] {Threei}  pullback time

[13:21] {Threei}  feels like less deep this time, and then .75 break

[13:24] {hawkfan4} 1/2 out .90 from .75

[13:24] {magoo} read AAPL vad?

[13:24] {Threei}  A

[13:24] {Threei}  A

[13:24] {Threei}  then P

[13:24] {Threei}  then L

[13:25] {Threei}  I can't get any kind of read into such spike mags...

[13:25] {Threei}  no way to tell where it reverses

[13:25] {Threei}  either pullback or consolidation

[13:26] {Threei}  btw hawk... last 1000 shares at .27 on AKS that lifted the offer, remember?

[13:26] {hawkfan4} :) thanks

[13:26] {Threei}  you are welcome

[13:26] {dino} brb

[13:27] {hawkfan4} took a double.  also NUE from 44.26

[13:27] {Threei}  well... who didn't believe me that market was getting ready for the next lift-off, raise your hands

[13:27] {nemo} I'll keep my fins down, thankyou

[13:27] {Threei}  AKS over 1:1

[13:28] {Threei}  frigin HIG will never stop

[13:28] {Threei}  ever

[13:28] {Threei}  it will just go to 19... 20...21...

[13:28] {Threei}  +170 DJI

[13:28] {Threei}  larisa, you start believeing in +300?

[13:29] {larisa} +45

[13:29] {Threei}  aren't you a stubborn one

[13:29] {Threei}  I am out AKS hawk, thanks

[13:30] {Threei}  idiotic day for me... getting right read and having hardest time utilizing it

[13:30] {hawkfan4} nice, my pleasure

[13:30] {nemo} I guess you gotta' keep Mags in the bathroom (or closet)

06[13:31] * Threei prepares the trout for magoo who prepares to say "that's because you are an idiot"

[13:31] {nemo} not nice mags

[13:31] {Threei}  well nemo... last thing we want to see is nice magoo

[13:31] {cujo} l slw .45

[13:31] {Threei}  that wouyld ruin my world

[13:33] {hawkfan4} sold 1/2 aks +.16, out rest HIG +.28

06[13:33] * Threei slaps hawkfan4 around a bit with a large roll of cash

[13:33] {hawkfan4} officially a really nice day

[13:33] {Threei}  sorry hawk... I just had to slap someone

[13:34] {Threei}  and magoo is not giving me an excuse

[13:34] {hawkfan4} np, anytime

[13:34] {Threei}  hmmm... as if I really need one...

06[13:34] * Threei slaps magoo around a bit with a large absence of excuse to slap him

[13:34] {magoo} out RIMM .34

[13:34] {magoo} TY 

[13:35] {Threei}  here is my excuse!

06[13:35] * Threei slaps magoo around a bit with a large roll of cash

[13:36] {dino} i should shovel more often, moves markets up

[13:36] {magoo} hang onnnnnnnnn....i gotta pee .......mkts gonna go BALLISTIC

[13:37] {hawkfan4} LOL

[13:37] {nemo} that you have to go to the bathroom is sufficient

[13:38] {Threei}  I am overwhelemed by the details we get to learn here

[13:38] {i2romantis} lol

[13:38] {nemo} I suppose it could get worse

[13:38] {i2romantis} Dino, you can come shovel some more over here

[13:39] {Threei}  yes nemo but that doesn't matter much - aftre certain level you just go numb

[13:39] {Threei}  kind of that question, you know... C and F are the same at -40,

[13:39] {nemo} that's the challenge to go where you break the numbness

[13:39] {Threei}  how to calculate below that?

[13:39] {Threei}  answer is, who cares? It's too fikin cold to do any math

[13:39] {nemo} I was talking sensibilities not temperature

[13:40] {Threei}  no one appreciates the fine metaphore these days... sigh...

[13:40] {nemo} Yeah, I wouldn't be able to take my fingers out of my mittens so I could count

[13:40] {Threei}  right, and counting with limbs you can't go beyond 4

[13:40] {Threei}  which impedes math abilities

[13:41] {nemo} Here's one for you.  Hey Mags, helmet or anteater?

[13:41] {dino} no thx i2r

[13:42] {Threei}  just as we started picking up worthy plays, Fed time approaches

[13:42] {Threei}  oh i2r, you are in Quebec, right?

[13:42] {Threei}  TV said it's brutal today

[13:45] {Threei}  gen dcc pls

[13:45] {Threei}  PREVIEW: FOMC RATE DECISION DUE OUT AT AROUND 2:15PMET

[13:45] {Threei}  **consensus expectation is for the rate to remain at 0.25%.

[13:45] {Threei}  **Expectations on today's FOMC statement vary widely, from no change to speculation the Fed could make specific announcements about new actions ranging from buying Treasury securities to adopting explicit inflation targeting. Given the substantial rate cut and additions to the December statement, however, the FOMC may hold off on any major changes in its statement today as it continues to discuss and review alternative actions and awaits the follow through and impacts of the government's TARP and stimulus packages.

[13:47] {cosmo} .50% cut?

[13:47] {magoo} restroom WORX

[13:47] {Threei}  into negative territory?

[13:48] {cosmo} yes....negative

[13:49] {cosmo} its a theory only

[13:49] {i2romantis} yes, in qc

[13:50] {i2romantis} freezing here, as usual

[13:50] {hawkfan4} out rest AKS .37

[13:53] {Threei}  +7 here, sun, warmth...

[13:54] {Threei}  market is p;ulling back befoe announcement

[13:55] {Threei}  if HIG's history today is any indicator, should drop to .70 or so before trying bounce

[13:59] {Threei}  US TREASURY'S GEITHER: NEED TO PRESERVE PRIVATE BANKING, NEW RESCUE PLAN TO COME 'RELATIVELY SOON'; TARP CONTRACTS TO BE VIEWABLE ONLINE

[13:59] {Threei}  - speaking at a TARP oversight meeting

[14:04] {dino} rebel yell

[14:05] {Threei}  ECB'S ORPHANIDES: DANGEROUS FOR CENTRAL BANKS TO 'SAVE' THEIR AMMUNITION, LOW RATE 'AVERSION' MAY AFFECT ACTIONS, MUST PAY ATTENTION TO QUANTITY OF MONEY

[14:05] {Threei}  - Notes that it is a false belief that low rates are ineffective.

[14:05] {Threei}  - stresses these comments are his own opinion and not those of the ECB

[14:05] {Threei}  why is he speaking on behalf of ECB then?

[14:06] {Threei}  it should read: private citizen Orphanides says...

[14:11] {Threei}  Court: cheerleader can't sue a teammate who didn't catch her

[14:12] {Threei}  between that and inability to sue Madoff for lost faith in humanity, there goes my dream to make millions in court

[14:14] {Threei}  FOMC time

[14:15] {Threei}  FOMC HOLD RATE AT 0.25%;

[14:15] {Threei}  {SPY SHY TLT EUR/USD USD/JPY G

[14:15] {magoo} unchanged

[14:16] {Threei}  here comes HIG

[14:16] {Threei}  prepare half lot

[14:16] {Threei}  PREPARED TO BUY LONGER TERM TREASURIES IF COULD IMPROVE CREDIT MARKET CONDITIONS, RATE MAY BE AT EXCEPTIONALLY LOW FOR PERIOD OF TIME

[14:16] {Threei}  - Reiterates inflation could persit below desirable rates

[14:16] {Threei}  - Vote was 8-1 (Lacker Dissented, preferring to purchase US treasuries)

[14:17] {Threei}  - May see gradual recovery in the economy later in 2009, some conditions in financial markets have improved

[14:17] {Threei}  - Discount rate remains unchanged at 0.50%

[14:18] {i2romantis} +.12 in 30 seconds, what a great catch on EGLE, would be nice to have these kinds more often

[14:19] {Threei}  .76 was it on DRYS...

[14:19] {Threei}  too fast to catch

[14:19] {cujo} anyone get in? 

[14:19] {fernp} too fast

[14:19] {larisa} HIG you mean

[14:19] {Threei}  grr

[14:19] {Threei}  HIG

[14:20] {i2romantis} yeah, such a nice sell off at times, if you are quick

[14:20] {i2romantis} I missed second run on EGLE

[14:21] {dino} 80 to go

[14:23] {i2romantis} #3 for EGLE

[14:24] {cujo} rimm

[14:25] {hawkfan4} HIG .82 1/2 lot

[14:27] {hawkfan4} stop .69

[14:28] {dino} gg sm l .10

[14:29] {hawkfan4} stopped -.13

[14:32] {Threei}  FAS fast selling

[14:34] {cujo} thanks Vad

[14:34] {Threei}  caufght it?

[14:34] {cujo} +.06

[14:34] {cujo} nothing amazing but still worth it 

[14:34] {cujo} not bad for 10 sec worth of work

[14:37] {dptl} leaving early....have a good night all

[14:37] {Threei}  take care dp

[14:37] {cujo} see ya dp

[14:39] {dino} cya dp

[14:39] {Threei}  ok market... bounce time

[14:41] {magoo} candidates?

[14:41] {Threei}  FAS, HIG

[14:41] {Threei}  RIMM

[14:42] {Threei}  all jump too ffast for precise call

[14:42] {Threei}  FAS worked twice off 12

[14:45] {Threei}  MS

[14:45] {Threei}  TICKING HIGHER AFTER JIM CRAMER MAKES POSITIVE COMMENTS

[14:48] {dino} kiss of death for it

[14:49] {cujo} short 1 MS .29

[14:50] {Threei}  1?

[14:50] {cujo} 1 lot

[14:50] {Threei}  okay :)

[14:50] {cujo} ;)

[14:50] {cujo} out +13

[14:50] {cujo} .13

[14:50] {hawkfan4} nice

[14:50] {Threei}  you are not fooling around are you

[14:51] {cujo} you mean kidding?

[14:51] {Threei}  nice drop

[14:51] {cujo} yeah, should have held :(

[14:51] {cujo} oh well

[14:52] {Threei}  not necessary held, stock is fast and furious... but partial was probably worthn try

[14:54] {Threei}  FAS back into support and lower BB

[14:54] {cujo} Dino's "{dino} kiss of death for it" inspired me...

[14:54] {Threei}  yes

[14:54] {Threei}  Jom's picks do that regularly

[14:54] {Threei}  Jim's

[14:54] {cujo} think FAS long at 12.00?

[14:55] {Threei}  I doubt it will get that far on this leg

[14:55] {dino} lol

[14:56] {Threei}  it's pattern after announcement was, drop into lower BB, stretch itit a little, then bounce for a scalp

[14:57] {cujo} got ya

[14:58] {magoo} dino turn to bring in egg mcmuffins tomorrow   yummy

[15:00] {dino} rock n roll

[15:00] {cujo} you all trade together?

[15:01] {dino} same floor in building, one door down

[15:01] {dino} kindda sucks for me

[15:01] {cujo} nice to have company. ha ha ha

[15:01] {magoo} HEYYYYYYYY

[15:02] {dino} well, he does have a habit of drinking the beer w/o replacing it

[15:02] {magoo} this is tru

[15:02] {nemo} dino...beer is the same color as...

[15:02] {dino} uh oh

[15:07] {cujo} fast sellling MCD

06[15:07] * magoo slaps &Threei around a bit with a large sugggestions to make a real pick..engage maverick.ENGAGEEEEEEEEEEEE

[15:07] {dino} cut gg .95, -.15

[15:08] {nemo} doin a flyby mags?

[15:08] {Threei}  gotta let this play out mags

[15:08] {magoo} watched top gun last nite with son

[15:08] {Threei}  I don;t like this chaos

[15:08] {nemo} ahhhhh the zen master

[15:08] {Threei}  US HOUSE REP MINORITY LEADER BOEHNER (R): DISAPPOINTED WITH STATE OF STIMULUS PACKAGE

[15:08] {Threei}  see?

[15:08] {magoo} doesnt have to be a long vad

[15:09] {Threei}  this idiotic up ad down on each comment again

[15:09] {Threei}  doesn't matter long or short... just can't read this other than for little scalps

[15:09] {cujo} +.05 mcd

[15:10] {Threei}  see FAS touching under 12, bouncing for quick 10 cents

[15:10] {Threei}  this kind I mean

[15:10] {Threei}  but they are impossible to call

06[15:10] * magoo slaps &Threei around a bit with a large copy of magoos never touched techniques of tape reading to help vad

[15:10] {Threei}  never touched eh

[15:10] {Threei}  that explains it {GGG}

[15:10] {dino} i think that guy was on "growing pains" sitcome

[15:13] {larisa} -100

[15:13] {Threei}  sigh

[15:13] {magoo} i only need 5 winning trades into bell

[15:13] {Threei}  mags, watch FAS

[15:13] {Threei}  you'll get its rhythm

[15:13] {Threei}  rhytm

[15:13] {Threei}  rythm

[15:14] {Threei}  whatever

[15:18] {magoo} from rocky "u cant train me like colored trader{fighter} lol 

[15:18] {magoo} i have no rythm

[15:19] {Threei}  burt you can spell it

[15:19] {magoo} ROFLOL..actually looked and copired yours

[15:19] {larisa} lol

[15:19] {Threei}  hmmm... how did you pick one of three then?

[15:21] {magoo} any read HIG?

[15:21] {Threei}  breakdown

[15:21] {Threei}  drop into .30 roughly after losing .50

[15:21] {Threei}  bounce from just under it most likely for small scalp

[15:21] {Threei}  then have to reevaluate

[15:22] {nemo} taking FAS w/it

[15:22] {dino} cat going for gap fill

[15:22] {Threei}  FAS closer to .80

[15:22] {dino} meow

[15:23] {Threei}  here comes the bride

[15:23] {Threei}  err HIG

[15:24] {Threei}  first strength from here

[15:24] {Threei}  in

[15:24] {magoo} .17

[15:24] {Threei}  stop under .10

[15:25] {Threei}  takes too long...

[15:25] {Threei}  this kind of selloff should bounce faster

[15:25] {cujo} stopped

[15:26] {hawkfan4} BAC short under .20?

[15:27] {Threei}  hard to tell

[15:27] {KSystems} fas

[15:27] {Threei}  we are getting a bit overstretched

[15:27] {dino} 3:40

[15:27] {magoo} out

[15:27] {nemo} well, there was the gap up overnight...plenty of room for profit taking

[15:28] {Threei}  back in HIG .92

[15:29] {Threei}  half out

[15:29] {Threei}  .10

[15:30] {cujo} out HIG +.12

[15:30] {cujo} Thanks

[15:30] {Threei}  out in full

[15:31] {Threei}  too soon

[15:32] {nemo} good profit in a fast market though...as you said...every little comment

[15:34] {magoo} .92 was a sweet entry

[15:34] {Threei}  and it surprizingly sat there for quite a fedw seconds

[15:34] {magoo} lonf Q here

[15:35] {magoo} .12

[15:35] {magoo} small

[15:35] {magoo} lookin for 3:40 bounce

[15:35] {magoo} ala ding dong

[15:36] {cujo} Thanks magoo

[15:36] {Threei}  why did I ever sell HIG?

[15:36] {magoo} huh?

[15:36] {cujo} +.10

[15:36] {nemo} fear and greed?

[15:39] {dino} both

[15:39] {magoo} greed much stronger

[15:40] {dino} giddy-up 3:40

[15:40] {Threei}  FAS explosion

[15:41] {Threei}  should p;ullback closer to .10 now for another leg up

[15:44] {Threei}  lol

[15:44] {Threei}  A Russian "cyber-militia" has effectively knocked the central Asian republic of Kyrgyzstan offline in recent days

[15:44] {Threei}  A spokesman at the Russian embassy in Washington couldn't be reached for comment. The Kyrgyz government couldn't be reached for comment. U.S. officials couldn't immediately be reached for comment.

[15:44] {Threei}  all for different reasons I assume

[15:44] {magoo} in TOP GUN..russians pilots stunk

[15:44] {hawkfan4} lol

[15:44] {Threei}  Kyrgyz government in particular because of being offline

[15:45] {magoo} thats a tru story u know :)

[15:45] {Threei}  who caught FAS?

[15:45] {cujo} here

[15:45] {Threei}  :)

[15:45] {dino} they have to get them on the phone or by mail

[15:45] {magoo} im nursinhg Q

[15:45] {cujo} yes, :) indeed

[15:46] {Threei}  ideal pullback rioght into support and immediate bounce

[15:46] {dino} no comment because server out

[15:46] {magoo} that wasnice vad

[15:46] {magoo} saw it

[15:46] {hawkfan4} i got FAS +.11

[15:46] {dino} c'mon, that was funny

[15:46] {Threei}  great reflexes guys

[15:46] {magoo} TY

[15:47] {cujo} thanks.  great call.

[15:47] {Threei}  day slowly becomes brighter

[15:47] {Threei}  too bad it's over, lol

[15:47] {magoo} lets trade AFTERHOURS

[15:47] {dino} larisa, only 120 to go

[15:47] {magoo} drink beer to

[15:47] {cujo} any suggestions for something to hold overnight?

[15:47] {magoo} NEVER DINO

[15:47] {larisa} my way too, dino :)  nobody wins :)

[15:48] {Threei}  cujo... I have some, but this is family-oriented room

[15:48] {cujo} ha ha ha

[15:48] {cujo} punny

[15:48] {nemo} I was waiting for that

[15:48] {nemo} no cujo puny

[15:48] {Threei}  who are you calling punny?

[15:49] {cujo} should have known i was setting myself up for that....

[15:49] {magoo} Q baby

[15:49] {magoo} kickin

[15:49] {magoo} puillin

[15:49] {Threei}  well, you did walk right into that :)

[15:49] {magoo} punchin

[15:49] {magoo} pinchin

[15:49] {Threei}  magoo is having fun

[15:49] {magoo} SIGH

[15:50] {Threei}  or should I say, his version of marital realtionship

[15:50] {dino} unusual

[15:50] {dawg} thanks magoo +.14 Q's

[15:50] {nemo} back to the sheep again

[15:50] {magoo} DAWG:)

[15:50] {Threei}  nice bounce everywhere

[15:50] {dino} 100 larisa, need 10 pts/min.

[15:50] {Threei}  told ya we were overstretched

[15:51] {hawkfan4} nice call

[15:51] {larisa} I think you are one day late, dino, tomorrow  +300:) 

[15:51] {Threei}  one day early you mean

[15:51] {magoo} [15:50] {Threei}  told ya we were overstretched

[15:52] {magoo} thanx to me getting u back in a plane

[15:52] {larisa} right 

[15:52] {Threei}  I thought your method was to go to restroom, mags...

[15:52] {fernp} good evening all

[15:53] {magoo} vad..your trading room mate will be assigned to u in bermuda...and if no one wants it...give me a call...ill fly,er um, trade with ya

[15:53] {Threei}  take care fern but FAS is trying to break

[15:53] {fernp} too late for me. see you all tomorrow

[15:53] {Threei}  okay :)

[15:53] {dino} good  evening fernp

[15:54] {Threei}  for the last one, waatch FAS qwuick drop to .20 or just under

[15:55] {Threei}  .40 break is right one chart wise, but so close to eod, I wouldn't go for it

[15:56] {Threei}  what do you know, even that worked

[15:56] {dino} 95 larisaaaaaaaaaaaaaaa

[15:56] {larisa} +200 all you get. no arguing!

[15:57] {Threei}  she is strict dino

[15:57] {dino} indeed

[15:57] {magoo} tell me about it

[15:58] {dino} mr. jones cranking

[15:58] {magoo} still in Q

[15:58] {magoo} from god knows where

[15:59] {nemo} goin'for the FAS pullback......not

[15:59] {Threei}  no

[15:59] {Threei}  1 min left

[16:00] {dino} out wmt .72, -.02

[16:00] {nemo} thus the "......not"

[16:00] {Threei}  tired as hell

[16:00] {Threei}  somehow today was exhausting

[16:00] {hawkfan4} me too

[16:00] {nemo} liquid rejuvenation

[16:00] {Threei}  have a good evening guys, see you tomorrow

[16:00] {larisa} see you tomorrow guys

[16:00] {cujo} see you all tomorrow. 

[16:00] {nemo} nite

[16:01] {hawkfan4} thx vad, nite all

[16:01] {magoo} ty vad..all