Friday, February 20, 2009

Fri Feb 20 2009

Ending the week on a strong note, Not a single losing day which in and of itself is not a small feat when the markets are hurting like this. Short ADBE started us out, and the rest of the day was in tune - almost everything worked like charm.

Session Time: Fri Feb 20 00:00:00 2009

[08:24] {larisa} good morning :)
[08:25] {Threei}  Good morning larisa
[08:25] {larisa} threei :)
[08:30] {Threei}  JAN CONSUMER PRICE INDEX M/M: 0.3% V 0.3%E; CPI EX FOOD%ENERGY M/M: 0.2% V 0.1%E;
[08:30] {nemo} good morning...the futures look great?
[08:30] {Threei}  both, futures look and future looks
[08:31] {nemo} have no idea about future?
[08:31] {Threei}  why... I am pretty sure sun will rise tomorrow
[08:31] {magoo} mornink comrades
[08:32] {nemo} but will I?
[08:32] {Threei}  and I would venture as far as predict after tomorrow as well
[08:32] {Threei}  magoo :)
[08:33] {Threei}  magoo, it's a pleasure to watch you connecting these days... smoothly, with no kicks, screaming, falling, climbing back up...
[08:33] {magoo} roflol..i was jusdt thinking that..how enjhoyable its been
[08:34] {Threei}  took me just a month of begging you to ask KS for help with mirc
[08:34] {Threei}  no one can call you stubborn, can they
[08:35] {magoo} nope...looky dino..he hasnt got it correct yet...
[08:36] {Threei}  how about some brotherly love... paying it forward... helping him now that you got it
[08:36] {cujo} good morning
[08:36] {Threei}  cujo :)
[08:36] {cujo} is someone handing out money?
[08:36] {cujo} i want in... 
[08:37] {Threei}  white house does cujo... with congress
[08:37] {cujo} ahhhh, thought someone in the room might have won the lottery... 
[08:38] {Threei}  (HU) HUNGARIAN GOVT SPOKESMAN: PM PROPOSES TO REVISE LAW THAT WOULD ALLOW MARKET REGULATOR TO BAN SHORTING
[08:38] {magoo} cant do it vad lol...we dont work that way...brought up on negative reinforcemt
[08:38] {Threei}  yup, that'll help them
[08:38] {Threei}  mags, you sure I am not you third long lost brother?
[08:41] {Threei}  (FR) FRENCH EU MIN: HOPES THAT EU STATES WOULD AID ANY MEMBER IN FINANCIAL DISTRESS
[08:41] {magoo} mmy dad did take a misstress in the cold war days vad
[08:43] {Threei}  a lot of hectic news headlines from Europe
[08:44] {Threei}  GE under 10 again and looks comfortable staying there
[08:54] {magoo} see dino vad
[08:55] {Threei}  yup
[08:55] {Threei}  painful
[08:58] {hawkfan4} morning
[08:58] {Threei}  hawk :)
[09:00] {hawkfan4} end of days part whatever, i've lost count
[09:01] {magoo} we may be setting up for blaclk monday...this is getting badddddd
[09:01] {dino} or capitulation friday
[09:01] {hawkfan4} i thought that too when i first looked at the futes this morning, scary stuff
[09:01] {patience} its options expiry today isnt it
[09:01] {dino} rimm 40 area
[09:02] {hawkfan4} yes
[09:02] {Threei}  GLD nice gap over highs
[09:03] {Threei}  is gold knocking on 1000 or broket it already?
[09:04] {patience} knocking
[09:04] {patience} 997.4
[09:04] {dino} ge new lows
[09:05] {Threei}  FAS under 4.50
[09:06] {nemo} faz jumps 10 overnight
[09:07] {dino} ge market cap $100 billion, msft could almost buy them w/theirs' and gates' cash
[09:07] {fernp} Hello everybody
[09:07] {hawkfan4} VIX only at 47, high is 89
[09:07] {Threei}  fern :)
[09:07] {gen} gm everybody
[09:08] {Threei}  volatility is way lower than it used to be in Nov, hawk
[09:08] {Threei}  gen :)
[09:08] {gen} Vad :)
[09:09] {Onix} gm all
[09:09] {Threei}  onix :)
[09:10] {magoo} problem is...psychologically, mkt participants are not so worried about missing a turn anymore..as more afraid of a crash 
[09:11] {Threei}  so let's crash and get it over with
[09:11] {magoo} so a selloff can easily escalate..whereas a bounce most likely used as exits
[09:13] {Threei}  that's how real capitulatory selloffs are usually developing
[09:13] {Threei}  until masses just give up and flood all the channels with "just get me out so I could never hear about stock market again"
[09:14] {Threei}  TRMP
[09:14] {Threei}  GETS DELISTING NOTICE FROM NASDAQ; CO. DOES NOT INTEND TO APPEAL
[09:14] {Threei}  - Shares to be delisted from Feb 26, 2009
[09:14] {Threei}  - Reminder: 02/17 00:54:01 TRMP: TCU 2 unit and TRMP file for bankruptcy
[09:14] {dino} hmmm, what type of music today.....
[09:15] {dino} trump filed bankruptcy yesterday i think
[09:15] {dino} casino that is
[09:15] {Threei}  a few days ago, yeah
[09:15] {Threei}  third time
[09:18] {dino} t, vz upgraded at goldman
[09:20] {dptl} good morning all
[09:21] {Threei}  dp :)
[09:23] {magoo} shorts may cover today vad...because had big down wk and afraid of some weekend anncmt
[09:23] {Threei}  that's a valid assumption
[09:23] {Threei}  another, just as valid is,
[09:23] {Threei}  longs are going to run in panic
[09:23] {nemo} I can't imagine any announcement being good
[09:24] {nemo} but who wants to be caught in any position for any length of time
[09:25] {Threei}  (FR) FRENCH FIN MIN LAGARDE: CONSENSUS IS THAT LEADERS WILL NOT ALLOW ANOTHER 'LEHMAN-TYPE' EVENT TO OCCUR AGAIN
[09:25] {Threei}  okay guys
[09:25] {Threei}  plan is the same
[09:25] {Threei}  do not form opinions,
[09:26] {Threei}  stay careful, stay picky,
[09:26] {nemo} be one with the market
[09:26] {Threei}  let's wait for safe play to shape up,
[09:26] {wulff} wait, i think that...
[09:26] {Threei}  dismiss the anxiety of missing the play,
[09:26] {Threei}  let them go easily,
[09:27] {Threei}  wait for the one that priovides best odds but first and foremost, tight stop
[09:27] {magoo} coffee
[09:27] {Threei}  you know what our major advantage over most ot ofther market participants is, right?
[09:28] {cujo} what is that?
[09:28] {Threei}  ability to stay on a sideline
[09:28] {dino} relax
[09:28] {Threei}  unlike most of them who either have to be fully invested,
[09:28] {Threei}  or obliged to make market
[09:28] {cujo} yes, makes sense. 
[09:29] {Threei}  so take the full advantage of our advantage
[09:29] {Threei}  sit in the trenches and wait for weak anthelope
[09:29] {cujo} FAZ taking off
[09:30] {Threei}  watching ADBE with short idea in mind
[09:31] {Threei}  need it to stabilize and form a range
[09:31] {Threei}  .80 support so far
[09:31] {Threei}  hopefully it doesn't break it right away
[09:31] {Threei}  ugh
[09:32] {dino} damn, where did i put my 7000 dji hat
[09:33] {dino} esi +2
[09:33] {dino} edu took beating yesterday, watching esi, cpla, apol
[09:33] {larisa} PALM green :)
[09:34] {dino} dji, does not matter...eyes on ndx, s/p
[09:34] {Threei}  yesterday:
[09:34] {Threei}  Sprint reportedly has exclusive agreement to sell the PALM Pre through 2009 - unconfirmed report
[09:35] {Threei}  OK, here is ASDBE bounce
[09:35] {Threei}  ADBE
[09:35] {Threei}  let's see if we can time short entry
[09:36] {Threei}  not really, didn't form anything readable
[09:38] {Threei} Long Setup:  GLD  half lot .71 if stays above .50
[09:38] {hawkfan4} scalped GS from 83.09 to 83.97, whole trade took 40 seconds
[09:38] {Threei}  getting slow eh hawk
[09:39] {hawkfan4} lol
[09:39] {magoo} in gld
[09:39] {dino} rimm sm l .00
[09:39] {dino} wide
[09:39] {cujo} in
[09:40] {Threei}  that quick dive into .50 was aggressive entry opportunity... it's me who is getting slow
[09:40] {dino} t vz pos.
[09:40] {dino} positive
[09:41] {Threei}  let's trail stop to under .60
[09:41] {dino} apol rockin'
[09:41] {dino} esi too
[09:43] {ese} mornin
[09:43] {Threei}  ese :)
[09:43] {ese} esi that a a stock dino
[09:43] {dino} yes, itt edu
[09:44] {Threei}  come on already, you yellow shiny pos
[09:44] {dino} what happens to the 20 year bond if banks get nationalized? any effect?
[09:45] {nemo} talk nice to it
[09:45] {ese} have you checked out MORN dino
[09:45] {Threei}  no worky
[09:45] {cujo} stpd
[09:45] {ese} dn 3 bills
[09:46] {nemo} adbe
[09:47] {ese} tried 1/2 lot WBMD....didn't get a fill
[09:47] {ese} slow on the uptake thiws morning i quess
[09:47] {Threei}  who is in GLD, feel free to take full or half
[09:48] {Threei}  it trades too nervously here
[09:48] {Threei}  and went up right into dropping upper BB
[09:53] {dino} ndx flat
[09:53] {dino} c hits 1.902
[09:53] {fernp} ADBE breakdown?
[09:54] {Threei}  range is .55 - .75
06[09:54] * dino slaps ese around a bit with a large trout
[09:54] {dino} trying to wake you up
[09:54] {Threei}  not sure fern
[09:54] {Threei}  market doesn't want to sell off
[09:54] {Threei}  and ADBE won't crash without it
[09:55] {Threei}  it still looks like a good candidate
[09:55] {ese} tks i needed thaqt
[09:55] {Threei}  just trying to form the best way to play it
[09:56] {Threei}  ideally, if we get one more upward spike in the market, double top and selloff,
[09:56] {Threei}  and ADBE doesn't break uppoer limit of the range,
[09:56] {Threei}  that's the scenario to short it
[09:56] {fernp} ty 
[09:57] {Threei}  so far so goodf
[09:57] {Threei}  let's try .58 trigger
[09:57] {Threei}  if stays below .75
[09:57] {Threei}  and if market dives without making new high for the day
[09:58] {Threei}  if NQ drops sharply, grab ADBE aggressively
[10:03] {_redcat} qcom +.50
[10:04] {Threei}  (FR) REPORTEDLY FRENCH 2009 BUDGET DEFICIT APPROACHES 5% OF GDP
[10:04] {Threei}  wtg
[10:05] {magoo} 74 down
[10:05] {dptl} adbe stop stil .75?
[10:06] {Threei}  yup
[10:06] {dptl} ty
[10:06] {Threei}  need it to drop into .50 again to start trailing it
[10:07] {ese} think were looking at an up day by the end of it looking at the q's and my watch lists
[10:07] {nemo} except for the intial drop market's been trending up
[10:09] {magoo} vad..we in anything..i was doing my own
[10:09] {cujo} in ADBE magoo
[10:09] {Threei}  ADBE short
[10:09] {cujo} {&Threei}  let's try .58 trigger
[10:09] {cujo} {&Threei}  if stays below .75
[10:09] {Threei}  with stop .75
[10:11] {Threei}  market new high for the day, ADBE doesn't try to break even high of this recent range, let alone its high
[10:11] {nemo} short fas if breaks .50
[10:11] {Threei}  in my eyes it keeps it a valid short candidate
[10:12] {Threei}  stop can be trailed to above .70 if you want to be real anal-retentive about risk control
[10:12] {Threei}  no nemo
[10:12] {Threei}  sharp drop into support
[10:13] {Threei}  not a good setup for continuation
[10:13] {Threei}  if it bounces a little, forms tighter consolidation, then breaks .50 - then yes
[10:13] {nemo} duh...45
[10:13] {nemo} support that is
[10:13] {nemo} DENSA member
[10:14] {Threei}  OK, now ADBE stop can be trailed to above .70 by all
[10:14] {Threei}  oh, and this is not a scalp trade for me
[10:14] {cujo} Vad, when you update a stop price, does that change where the 1:1 is al well?
[10:14] {Threei}  as a rule, no
[10:15] {cujo} got ya. 
[10:15] {cujo} ok
[10:15] {Threei}  it may if a stop is trailed while trade is hesitating around trigger
[10:15] {Threei}  you know... triggered, started bouncing around,
[10:15] {Threei}  not defining direction,
[10:15] {Threei}  so at some point we tighten it,
[10:15] {cujo} got ya. 
[10:15] {Threei}  not because the trade has developed
[10:16] {Threei}  but because we are too uncertain and want to control risk tighter
[10:16] {hawkfan4} COCO interesting
[10:16] {Threei}  then yes, 1:1 can be changed as well
[10:17] {nemo} woul .47 be another short entry for ADBE?
[10:17] {Threei}  with stop above .60, yes
[10:18] {Threei}  as always... a bit more risky
[10:19] {Threei}  ADBE 1:1 is within spit distance
[10:19] {Threei}  here it is
[10:20] {Threei}  covering half on a first uptick
[10:20] {Threei}  .35 half out
[10:20] {Threei}  +.23
[10:21] {Threei}  stop to above .60
[10:21] {wulff} +.23
[10:21] {magoo} vad...explain why u liked adbe short even with mkt spike going on please?
[10:21] {Threei}  it lost important support on daly,
[10:22] {Threei}  after initial volatility it stopped going up with market,
[10:22] {Threei}  and it triggered
[10:22] {Threei}  which in and of itself turning off the thought process for me :)
[10:22] {Threei}  trigger comes, my fingers execute the trade
[10:23] {Threei}  brain is only watching in helpless amazement
[10:23] {wulff} we looking for cap.?
[10:23] {magoo} ok..ty
[10:23] {Threei}  1:2 ADBE
[10:23] {Threei}  cover 1/4 more on a first uptick
[10:23] {Threei}  .18 out
[10:23] {Threei}  +.40
[10:24] {fernp} out. Thank you
[10:24] {cujo} thanks Vad
[10:24] {Threei}  last portion here witgh stop above .50
[10:24] {Threei}  welcome guys
[10:24] {Threei}  actually, wait
[10:24] {Threei}  stop above .,40
[10:25] {Threei}  C
[10:25] {Threei}  COMPANY HAS REPORTEDLY NOT HAD CONVERSATIONS WITH GOVT OVER POTENTIAL NATIONALIZATION - UNCONFIRMED REPORT
[10:25] {Threei}  uh oh
[10:25] {Threei}  WFC
[10:25] {Threei}  SHARES TRADE BELOW $10.00 FOR FIRST TIME SINCE 1995
[10:25] {cujo} excuse me, i need to go withdraw some money..
[10:26] {dino} out apol .60, +1.10
[10:26] {wulff} +.48
[10:26] {cujo} nice trade dino
[10:26] {nemo} short FAS yet? :) kidding
[10:26] {Threei}  I would expect much more violent reaction on this news
[10:26] {dptl} ty adbe...+.40
[10:26] {Threei}  not sure
[10:26] {Threei}  welcome dp
[10:26] {dino} ty
[10:26] {nemo} expectations baked in?
[10:27] {Threei}  either that, or
[10:27] {Threei}  market starts changing its mind about nationalization, at least for some banks
[10:27] {hawkfan4} HIG .73, stop .64
[10:27] {nemo} We're all comrades brothers and friends now!!!
[10:28] {dino} v sm esi l .24 wide
[10:30] {dino} mcd sm l .50
[10:32] {dino} lol c, just like they did not need to raise capital
[10:32] {Threei}  well well well ADBE
[10:32] {Threei}  we have 1:3
[10:32] {Threei}  not sure if full cover is in order yet
[10:32] {Threei}  I'll try for more wity stop trailing
[10:33] {Threei}  above .30 at this point
[10:33] {Threei}  [10:14] {Threei} oh, and this is not a scalp trade for me
[10:33] {Threei}  no kidding eh
[10:33] {nemo} Got that silk sling?
[10:34] {Threei}  never too far
[10:35] {magoo} hawk..what levels u watching now for GS?
[10:35] {Threei}  hawk, don't tell him
[10:36] {Threei}  or, answer worthy a preschoolers in a sandbox:
[10:36] {Threei}  those are my levels, you watch your own
[10:36] {hawkfan4} watching it close, if it holds here and pops i like it.  83.50 break would be sweet. under .75 not so much
[10:36] {hawkfan4} lol vad
[10:37] {nemo} Grow up, VAD!
[10:37] {Threei}  never
06[10:37] * magoo slaps Threei around a bit with a large trout
[10:37] {magoo} u are so so lucky revised slaop fest no worky on magoos computater
[10:38] {nemo} cover ADBE yet?
[10:38] {hawkfan4} in .09 mags
[10:38] {magoo} ty hawk
[10:38] {Threei}  I enjoy pillow fights, running with scissors, painting outside the lines and not eating my veggies too much to grow up and give it all up
[10:38] {Threei}  why nemo?
[10:38] {Threei}  stop is above .30
[10:39] {nemo} greedy?
[10:39] {Threei}  which is incidentally, just above upper BB
[10:39] {magoo} try walking on thin ice vad...thats real fun..adrenali
[10:39] {ese} AAARRRRRBA BA BA BA   ARBA long  .50 1/2   for old times 
[10:39] {nemo} it's also the peak of the last spike
[10:39] {Threei}  right
[10:39] {Threei}  until it's not broken, downtrend is intact
[10:40] {nemo} Once when I was a kid, I was using my brother's pocket knife to whittle.  He wanted it back, so he grabbed it by the blade.  I couldn't resist...
[10:40] {Threei}  good one on GS guys
[10:41] {Threei}  do people drive much SAAB in Europe?
[10:42] {Threei}  they contemplate going independent
[10:42] {fernp} it is an important brand here.
[10:43] {Threei}  okay, makes sense then
[10:43] {dino} green ndx
[10:43] {Threei}  it's represented in NA so poorly, would be impossible to justify
[10:43] {dino} gj on gs
[10:43] {ese} yup
[10:44] {dino} comp green
[10:44] {nemo} adbe shure dancing around the cover
[10:44] {Threei}  C SPOKESPERSON: CAPITAL BASE 'VERY STRONG'
[10:45] {Threei}  but of course
[10:45] {dino} me thinks he does protest too much
[10:45] {Threei}  that's probably why they discuss nationalization
[10:45] {Threei}  done with ADBE
[10:45] {nemo} Yeah, where have we heard that  before
[10:45] {dino} n over s today
[10:45] {ese} out ARBA .58 +.08
[10:46] {ese} just for old times
[10:46] {Threei}  blast from the past ese :)
[10:46] {magoo} surprise osama on TV
[10:46] {ese} the little profits.....dey do add up
[10:46] {Threei}  do we live to see a trade on JDSU also?
[10:46] {ese} lets check it out
[10:47] {ese} it's gonna bounce from those levesl for sure
[10:47] {Threei}  dino, he protests more:
[10:47] {Threei}  SPOKESPERSON: CAPITAL BASE 'VERY STRONG', TRIMMING ASSETS ON BALANCE SHEET
[10:47] {Threei}  - Continuing to streamline business organization for future growth potential
[10:48] {ese} some seriously stupid prices on some stock thats for sure
[10:48] {Threei}  the only thing he didn't indicate:
[10:48] {Threei}  positive growth or negative?
[10:48] {nemo} Vad prediction yet for eod?
[10:48] {Threei}  gosh
[10:48] {nemo} profound
[10:48] {Threei}  even magoo doesn't ask that until after lunch, lol
[10:49] {nemo} well, it's like preempting on the penny in an ask
[10:49] {ese} L WOOF full .63
[10:50] {wulff} its wulff
[10:50] {Threei}  lol
[10:50] {ese} appologies
[10:51] {Threei}  watching RIMM
[10:51] {Threei}  it consolidates cloer to .50
[10:51] {Threei}  if forms support close enough for a tight stop, will be interested
[10:51] {ese} ack aka dak....dak acka ack........get up there
[10:51] {ese} bugs bunny magic
[10:51] {Threei}  nah, dropped too far
[10:51] {magoo} guys..im going all out in this crisis...looking at porn early today..it u recall..mkt bounces 
[10:52] {Threei}  uh oh
[10:52] {nemo} taking the laptop to the bathroom magoo?
[10:52] {ese} too funny mags
[10:54] {ese} wheres patience been lately....holidays
06[10:55] * magoo slaps nemo around a bit with a large trout
06[10:55] * nemo slaps magoo around a bit with a large a year's subscription to Hustler
[10:58] {Threei}  WOFF actyually looks nice ese
[10:58] {Threei}  WOOF
[10:59] {Threei}  stop under .50?
[10:59] {ese} i'm likin it
[11:00] {ese} yes
[11:01] {ese} stopped...damn
[11:02] {ese} hmmmmmmm
[11:02] {ese} to re enter or not to re enter
[11:03] {ese} not
[11:03] {nemo} no momentum in market ese
[11:03] {ese} indeed
[11:05] {larisa} poor HIG
[11:07] {_redcat} +.40 RIMM
[11:08] {dino}   gj
[11:08] {ese} nice redcat
[11:08] {_redcat} thnk u
[11:09] {Threei}  RIMM
[11:09] {Threei}  MORGAN KEEGAN MAKES POSITIVE COMMENTS, CITING VALUATION (TIMING UNCERTAIN)
[11:10] {ese} back at WOOF L .58 full
[11:11] {dino} hate to see what would happen if said bad things
[11:11] {Threei}  lol, no kidding
[11:12] {dino} dji, s/p at low
[11:14] {dino} fdo, dltr, wmt holding well this week
[11:15] {wulff} no need to go long yet, eh?
[11:16] {Threei}  nah
[11:16] {wulff} Double bottoms
[11:17] {tomg} ceco vad?
[11:18] {Threei}  amazingly strong
[11:18] {Threei}  tought to find entry
[11:18] {tomg} ok ty
[11:22] {dino} ahhh, VH on, can't lose
[11:24] {wulff} madoff NEVER  bought securities?
[11:24] {dino} lol
[11:25] {magoo} can u imagine madoff? never even bought thgem
[11:26] {dino} well, then it is fine, all $ in cd's right
[11:28] {magoo} GS getting killed
[11:28] {magoo} news vad
[11:28] {Threei}  no
[11:30] {dino} out mcd flat
[11:31] {wulff} you guys still holding ADBE?
[11:31] {Threei}  no
[11:31] {magoo} man..u blow a .08 breath-a-lizer and u get a nite in the pokey...madoff sitting in multi million penthouse
[11:31] {ese} all out woof .70
[11:31] {Threei}  last 1/4 was closed on trailing stop at .32
[11:31] {ese} +.12
[11:32] {wulff} curious, not me either
[11:33] {cujo} GS = UGL
[11:34] {cujo} UGLY
[11:34] {Threei}  {GS} I demand second opinion
[11:34] {magoo} lol cujo..i was looking up sym UGL
[11:35] {cujo} ha ha sry
[11:35] {cujo} typo
[11:35] {magoo} bad dog
[11:35] {Threei}  bounce time GS
[11:35] {magoo} in .49
[11:37] {Threei}  don't lose mney on it from this point
[11:37] {magoo} out .75 TY BOSSASAURAS
[11:37] {cujo} nice bounce call
[11:38] {magoo} its team work..i bring it to the table...and vad serves it up
[11:39] {cujo} ANy thoughts HIG Vad?
[11:41] {Threei}  just a sec, lemme finish GS
[11:42] {Threei}  ok
[11:42] {Threei}  HIG, I can't bring myself to go long on it
[11:42] {cujo} yeah
[11:43] {Threei}  6 break however, starts shaping up as possible short trigger
[11:43] {cujo} ok, have low alert set on it
[11:43] {Threei}  if market starts its customary pnaicky drop
[11:43] {magoo} rimm prob better bouncer somewhere
[11:43] {Threei}  and if HIG forms good resistance
[11:43] {magoo} {magoo} its team work..i bring it to the table...and vad serves it up
[11:44] {Threei}  so far resistance levels a bit too far for my taste
[11:44] {magoo} thought that was clever lol
[11:44] {Threei}  it was mags but we are big on negative reinforcement only
[11:44] {Threei}  so consider grave silence a compliment {G}
[11:45] {Threei}  and btw... GS is coming into support for bounce scalp
[11:45] {Threei}  watch market for clue for entry
[11:47] {Threei}  double bottom zone if only market helps
[11:48] {magoo} looks down yet
[11:48] {magoo} under 80 imo
[11:49] {nemo} Mags get's the booby prize
[11:50] {wulff} too quick for me 
[11:50] {cujo} got some of that GS, thanks Guys (since mags is bringing it to the table and Vad is serving it up)
[11:51] {Threei}  lol
[11:51] {Threei}  fries with that?
[11:51] {magoo} bacon?
[11:51] {cujo} yup, and an extra side of Bacon....
[11:52] {Threei}  now you did it
[11:52] {Threei}  see you in 15
[11:52] {Threei}  don't buy GS here
[11:52] {magoo} darn..now craving bacon double cheeseburg for lunch
[11:52] {Threei}  third time, way too dangerous
[11:52] {nemo} short?
[11:52] {Threei}  no
[11:52] {Threei}  just let it be
[11:53] {nemo} Great...The Beatles
[11:54] {dino}     esi hod
[11:58] {magoo} am i back??
[11:58] {nemo} unfortunately...yes
[11:59] {magoo} gthat does itttttttttttttttttt
06[11:59] * magoo slaps nemo around a bit with a large trout
06[11:59] * magoo slaps nemo around a bit with a large trout
06[11:59] * magoo slaps nemo around a bit with a large trout
06[11:59] * magoo slaps nemo around a bit with a large trout
06[11:59] * magoo slaps nemo around a bit with a large trout
[11:59] {nemo} missed
[11:59] {nemo} ppppppphhhhhhhhhhhtttttttttttttttt!!!!!!!!!!!
[12:02] {magoo} cnbc girls irretating here...laughing about mkt crash
[12:02] {magoo} suggestiong getting into golds
[12:02] {cujo} i've made the full time switch to BBErg tv
[12:02] {cujo} just the lack of Gasperino is worth it....
[12:03] {Threei}  how is it bad mags
[12:03] {magoo} i wish parent company GE would slash 2/3 of their jobs..then id be laughing arogant f'ers
[12:03] {Threei}  didn't you have enough men crying about it?
[12:04] {magoo} poor dino..anfd i have the poweer tyo help him...but i wont he he
[12:05] {Threei}  are you going to laugh at him and kick him too?
[12:07] {Threei}  magoo??
[12:08] {magoo} huh?
[12:08] {Threei}  never mind... just wanted to know how far your cruelty goes
[12:08] {wulff} here comes rimm
[12:08] {Threei}  to high five you if far enough
[12:12] {Threei}  feels like one more little pullback, then strong upward move
[12:12] {magoo} missed that GS gift
[12:13] {Threei}  see iof we get STT pulling back closer to .80
[12:14] {Threei}  and watch market for entry timing
[12:14] {Threei}  aalso, hate to do it but
[12:14] {Threei}  WFC is long on 10 break if market spikes and if holding above 9.90
[12:17] {dino} partial fill cpla .60 l
[12:21] {ese} have to go see you all later....tks for dcc nemo....
[12:21] {Threei}  take care ese
[12:22] {cujo} catch you later ese
[12:22] {nemo} ez ese
[12:22] {Threei}  anyone got entry in STT?
[12:22] {cujo} i'm in WFC
[12:22] {Threei}  WFC is taking longer than I'd like
[12:22] {cujo} move stop?
[12:22] {cujo} .94?
[12:22] {Threei}  lower BB is at .96 now
[12:23] {Threei}  so maybe move to .95
[12:23] {Threei}  negligible loss
[12:23] {nemo} what's your BB setting Vad?
[12:23] {Threei}  either it works or who needs this rotten thing
[12:23] {Threei}  13 and 1.7 on intraday
[12:25] {nemo} FAZ strengthening and wfc holding
[12:26] {nemo} lunchtime trading
[12:26] {nemo} Mags...bathroom
[12:27] {Threei}  wow RIMM
[12:28] {magoo} that indicator is not constant nemo...changes day to day
[12:28] {nemo} bummer
[12:28] {magoo} its consistant for the subject day as an indicator..but somedays its up..somedays its down
[12:29] {dino} the beer indicator is more reliable
[12:29] {dino} when magoo wants one before the close, we are going down hard
[12:29] {Threei}  bands tightened on WFC
[12:29] {Threei}  move is coming
[12:29] {magoo} boy thats true
[12:30] {dino} gun to my head, green close
[12:30] {nemo} look at all the offers @.99
[12:30] {Threei}  on what?
[12:30] {nemo} was wfc
[12:30] {Threei}  doesn;'t mean much
[12:33] {Threei}  WFC = useless ugly pos
[12:33] {hawkfan4} HIG looks ready
[12:33] {magoo} GS RIMM could be huge if we spiked hard
[12:33] {dino} i was thinking "waste of f'ing cash"
[12:33] {hawkfan4} lol dino
[12:33] {Threei}  rofl
[12:34] {nemo} HIG ready for what...short?
[12:34] {Threei}  I like your version better
[12:34] {magoo} in rimm.0
[12:34] {magoo} 60
[12:35] {hawkfan4} COCO over hod vad?
[12:35] {wulff} WFC stop
[12:36] {magoo} out .75 lunch $$
[12:36] {cujo} nothing wrong with that.  you gotta eat
[12:37] {Threei}  probably hawk...
[12:38] {Threei}  I just have hard time buying breakouts in this market
[12:38] {nemo} O.K. Vad, it's after lunch...prediction please
[12:39] {wulff} did I get into WFC too early at 10?
[12:39] {Threei}  why, it triggered
[12:39] {nemo} stopped under .90
[12:39] {Threei}  why so low
[12:39] {Threei}  we trailed stop to .95
[12:40] {wulff} what was BB
[12:40] {cujo} can you have an upside down c&h?
[12:40] {Threei}  sure
[12:40] {nemo} yeah, for a short cujo
[12:40] {cujo} is WFC forming one?
[12:41] {Threei}  not much tea is going to remain in, but otherwise...
[12:41] {cujo} :)
[12:41] {nemo} tea?  tea?  vodka you mean
[12:41] {Threei}  from cup?
[12:41] {nemo} why not?
[12:41] {cujo} there is a bar around me that serves all drinks in tea cups.  Prohibition themed bar...
[12:42] {cujo} SS WFC .86
[12:42] {Threei}  200g cut glass
[12:42] {Threei}  classic
[12:42] {nemo} Huh...knew this chinese restaraunt that served very strong tea after drinking hours
[12:43] {cujo} ha ha 
[12:43] {nemo} yep...came in a stainless tea pot
[12:45] {Threei}  CNBC'S SANTELLI: THE FOREIGN EXCHANGE RUMOR MILL IS IN HIGH GEAR TODAY, ALL KINDS OF VAGUE RUMORS ARE FLYING AROUND SPECIFICALLY IN EUROPE
[12:45] {Threei}  - Notes rumors seem to be "based in Europe"
[12:45] {Threei}  SPOT GOLD RETESTS THE $1,000; HIGHEST LEVEL SINCE MAR 18TH, 2008
[12:45] {Threei}  - All-time high $1,032.40/oz on Mar 17th, 2008
[12:45] {Threei}  fern... what are they saying over there??
[12:45] {Threei}  nice short cujo
[12:46] {cujo} out WFC +.13
[12:46] {cujo} thanks
[12:46] {Threei}  see... turn C&H uoside down, and content does pour out
[12:46] {cujo} he he
[12:47] {nemo} another short if it breaks .70?
[12:47] {Threei}  after sharp bar down?
[12:48] {nemo} maybe cujo gets another cup  handle...thing'll start looking like a cow's udder
[12:49] {Threei}  ugliness reigns
[12:50] {nemo} FAS break low, short?
[12:50] {cujo} ha ha ha
[12:50] {Threei}  [12:47] {Threei} after sharp bar down?
[12:51] {nemo} that was about wfc, just asked about fas,,same answer?
[12:51] {nemo} there's two sharp bars down on wfc
[12:51] {Threei}  it just dropped from almost .40 in a straight line
[12:52] {Threei}  shorting such drop is the same as chasing sharp spike up
[12:52] {Threei}  let it bounce a bit, consolidate, form a breakdown setup
[12:53] {nemo} wfc or fas?
[12:53] {Threei}  any
[12:53] {Threei}  I am talking about situation
[12:54] {Threei}  FHFA REGULATOR: FNM AND FRE PLAN MAY NOT REMOVE EQUITY IN CASH FORM,
[12:54] {nemo} oh.  ha that triple/quadruple top on fas between 12:25 and 12:40 woul you have gone short @ .33?
[12:54] {Threei}  - Notes that the loans for GSE do not require more credit enhancement to refinance
[12:55] {nemo} so...credit unworthy just get more money? oy weh.
[12:55] {Threei}  that one is more setup-like
[12:56] {Threei}  not my favorite but at least has structure
[12:56] {Threei}  shorting .20 a few min ago - emphatically no
[12:57] {nemo} basically bounced at low
[12:58] {magoo} getting ugly out there
[12:58] {Threei}  [12:49] {Threei} ugliness reigns
[12:58] {Threei}  [12:50] {nemo} FAS break low, short?
[12:59] {nemo} yep...remember
[12:59] {dptl} it's my b-day today :)
[12:59] {buyemsellem} happy birthday
[12:59] {Threei}  really?
[12:59] {larisa} happy birthday dp :)
[12:59] {Threei}  happy Birthday dp!'
[12:59] {cujo} happy b-day
[13:00] {nemo} ditto
[13:00] {Threei}  can'
[13:00] {vint} happy birthday, dptl
[13:00] {dptl} ty:)...thinking its time to have a drink
[13:00] {Threei}  can't believe you are still not at my porch with good bottle of vodka
[13:01] {dptl} lol
[13:01] {nemo} getting uglier
[13:01] {cujo} Vad, if you ever make it to east coast will take you to best Vodka Bar in area...
[13:02] {nemo} where you dog?
[13:02] {cujo} NY
[13:02] {cujo} u?
[13:02] {nemo} boston...well Maine at the moment
[13:02] {nemo} Yankees or Mets
[13:02] {cujo} ehh, not a baseball fan
[13:03] {cujo} but i would say mets over yankees
[13:03] {nemo} cool
[13:03] {Threei}  thank you cujo
[13:03] {fernp} cover C 1.89 +.12 sloooow
[13:04] {magoo} rimm held that pull
[13:04] {nemo} we due for upleg Vad?
[13:05] {Threei}  doesn't feel this way to me
[13:05] {Threei}  rather more down
[13:05] {magoo} i live 2 hrs from nyc
[13:05] {cujo} poconos right?
[13:05] {magoo} take me..i like viodka
[13:05] {magoo} cant spell it..but can spiull it
[13:05] {cujo} let me know if you are around.  
[13:05] {_redcat} magoo, ever try grey goose Pear?
[13:06] {dino} yankees
[13:06] {Threei}  grey goose is good, just horribly overpriced
[13:06] {magoo} nope..but drink alot of vodka shots..
[13:06] {nemo} what about 'em Dino?
[13:06] {dino} grey goose at my house
[13:06] {magoo} like it chilled
[13:06] {cujo} http://www.riversidewinemerchants.com/r/products/jewel-of-russia-ultra-vodka/?utm_source=google;utm_medium=base
[13:06] {magoo} orange stoli
[13:06] {nemo} Oh geez...wish I had my shotgun...flock of ducks just landed in the yard
[13:06] {dino} most likely hit it satiurday night
[13:07] {cujo} best vodka i have ever tasted.  perfect just on ice. 
[13:07] {dino} family coming over, so shots will be had at the basement bar
[13:07] {magoo} is there a missing RAVEN with them ducks?
[13:08] {nemo} nah...they just took off...dog noticed them
[13:08] {nemo} not cujo
[13:08] {Threei}  cujo... ever tried canadian Iceberg?
[13:08] {cujo} no, you like?
[13:08] {_redcat} QQQQ going splat
[13:09] {Raven} {}
[13:09] {cujo} just looked it up.  Can you get in the states?
[13:10] {Threei}  no idea
[13:10] {Threei}  but if can, try it
[13:10] {Threei}  you'll be pleasantly surprized
[13:10] {cujo} its on the list.
[13:11] {dino} 13%+ down in s/p and dji from 2/9
[13:11] {_redcat} altoghether now...y did i cover ADBE...arrgh
[13:12] {Threei}  lol
[13:16] {magoo} 211 down
[13:17] {nemo} I hear that strong flushing sound
[13:17] {Threei}  market sure is cheering all the rescue efforts
[13:17] {wulff} anyone thinking they missed trading in 2001,no worries. we're here again
[13:17] {Threei}  FAS under 4
[13:18] {nemo} yeah they'll have to delist it soon
[13:18] {Threei}  what carnage eh
[13:18] {nemo} yeah...and it's 10 miles to the closest bottle of vodka
[13:18] {Threei}  now... you may consider me overly conservative these days, but,
[13:19] {Threei}  we are finishing this week with EVERY day whinning
[13:19] {nemo} whining or winning
[13:19] {cujo} did you mean winning or whining?
[13:19] {cujo} ha ha
[13:19] {Threei}  guess
[13:19] {Threei}  lol
[13:19] {nemo} Magoo whines
[13:19] {Threei}  winning
[13:19] {cujo} great minds nemo
[13:19] {nemo} Cujo, never been accused of that
[13:20] {Threei}  rabid dog and lost fish
[13:20] {cujo} first time for everything.
[13:20] {nemo} A couple of sandwiches short of a picnic
[13:20] {nemo} No, I'm the guy in with the cyclops
[13:20] {Threei}  that's too far in history
[13:20] {Threei}  lost fish is what new generations know
[13:20] {nemo} what's your point?
[13:21] {nemo} I'm old
[13:21] {nemo} same age as you you geiser
[13:21] {nemo} geezer
[13:21] {nemo} guyzer
[13:21] {nemo} whatever
[13:21] {Threei}  ok, let's settle on the mad captain of a submarine
[13:21] {magoo} im only up 3 of 4
[13:22] {nemo} works for me...huh...we're negotiating on the meaning of MY nick?  Somethin' screwy about that...well it's your ballfield
[13:22] {nemo} .750 magoo...cool
[13:23] {magoo} the losing day was when i was trading vads p[ix {as i run from slap fest a comuith}
[13:23] {nemo} WHAT?
[13:24] {Threei}  I won't even slap you
06[13:24] * nemo slaps magoo around a bit with a large Mavis Beacon teaches typing
[13:24] {Threei}  I will leave you to live with your ridiculousness
[13:24] {Threei}  and get punished by your conscience
[13:24] {nemo} he has one?
[13:24] {Threei}  ummm... that's a very questionable concept
[13:25] {Threei}  I gotta rethink that
[13:25] {nemo} I thought he was a zombie
[13:25] {Threei}  ok, I rethought that
[13:25] {nemo} and to think... he bred
[13:25] {magoo} yes
[13:25] {magoo} here it comes
06[13:25] * Threei slaps magoo around a bit with a large plate of bacon of which magoo doesn't get any single piece
[13:28] {nemo} some poor bastard put in a market order on FAS oops
[13:29] {cujo} i'm sure they will bust that trade...  but does look funny... 
[13:29] {nemo} bet his sphincter tightened on that one
[13:30] {cujo} yeah
[13:30] {Threei}  I missed that
[13:30] {Threei}  what was the price?
[13:30] {nemo} spiked t 4.50
[13:31] {larisa} late trade or may be it is rich one who shorted at 60 , so he does not care :)
[13:32] {nemo} I would NEVER have thought of that
[13:32] {Threei}  what was the size?
[13:32] {cujo} i don't have t&s :(
[13:32] {Threei}  wow
[13:32] {nemo} Well volume in that minute spiked to 5 million
[13:33] {Threei}  you do have charts and buy/sell buttons though, right?
[13:33] {nemo} Mmmmmhhh FAS forming wedge....
[13:33] {cujo} yes
[13:33] {Threei}  whew
[13:33] {nemo} Vad...be nice
[13:33] {nemo} cujo isn't Mags
[13:34] {Threei}  well... being nice is way too unnatural for me
[13:34] {Threei}  sorry
[13:34] {cujo} its ok
[13:34] {cujo} think skin here... 
[13:34] {Threei}  and I say it in a nicest possible way
[13:34] {cujo} thick
[13:36] {cujo} Any thoughts on HIG 6 break?
[13:37] {Threei}  I hate the very idea of going long for now
[13:37] {cujo} yeah
[13:38] {Threei}  anyone took that 6 breakdown btw?
[13:38] {Threei}  gave nice and easy 20 cents
[13:42] {magoo} rimm holds vad
[13:43] {nemo} paper covers rock
[13:44] {cujo} you get into that RIMM Mags?
[13:45] {magoo} not yet
[13:45] {magoo} if mkt could majke move
[13:45] {magoo} like it
[13:47] {larisa} lol, there are doubts if stocks will ever go up again :)
[13:48] {Threei}  no doubts
[13:48] {Threei}  they never will
[13:48] {Threei}  ever
[13:49] {larisa} I am not crying too. girls never cry.
[13:50] {larisa} but i miss good up day
[13:50] {Threei}  ok... I promise one
[13:50] {larisa} when ?
[13:51] {Threei}  can't tell... I am still in shock after
[13:51] {Threei}  [13:05] {magoo} take me..i like viodka
[13:51] {Threei}  that sounded uncarachteristically girly
[13:52] {magoo} news 
[13:52] {magoo} on cnbc
[13:52] {Threei}  ?
[13:53] {magoo} breaking news
[13:53] {Threei}  what's with BAC?
[13:54] {Threei}  what was the news?
[13:54] {hawkfan4} no idea
[13:54] {Threei}  magoo?
[13:54] {larisa} WH briefing : no need to nationalize the bank that is profitable :)
[13:55] {Threei}  no really?
[13:55] {Threei}  wow
[13:56] {larisa} it was daily briefing, he just answered the question
[13:57] {Threei}  WHITE HOUSE: REAFFIRMS STRONG BELIEF THAT A PRIVATELY HELD BANKING SECTOR IS THE RIGHT WAY TO GO
[13:57] {larisa} it shows how hard we are going to spike if REAL news come
[14:01] {Threei}  WFC
[14:01] {Threei}  trying to follow
[14:04] {Threei}  how's this for irony:
[14:04] {Threei}  GOOG
[14:04] {Threei}  CITIGROUP LOWERING ESTIMATES
[14:05] {hawkfan4} GOOG "i'm going to buy C and fire that analyst"
[14:05] {Threei}  {GOOG} get over $2 before you estimate anyone
[14:08] {Threei}  WFC is serious
[14:08] {Threei}  pullback into .50 for a scalp
[14:08] {nemo} look at hig
[14:11] {Threei}  by WH, Mr Santelli doesn't know what he is talking about
[14:15] {dino}   i think he's more right than most
[14:15] {dino} they must take the pain
[14:16] {Threei}  sheesh
[14:16] {nemo} no manure
[14:16] {cujo} FAS and FAZ
[14:16] {nemo} hig
[14:16] {cujo} hig
[14:16] {nemo} cujo!
[14:16] {cujo} ha ha
[14:17] {nemo} FAS coming up on resistance
[14:18] {dino} ppt
[14:18] {cujo} what is PPT?
[14:18] {nemo} Plunge Protection Team
[14:18] {dino} yes
[14:19] {cujo} heading out all.  Best of luck on the rest of the day
[14:20] {Threei}  US TREASURY TO RELEASE ADDITIONAL RETAILS ON BANK RESCUE PLAN NEXT WEEK - CNBC
[14:20] {nemo} Great Short opportunity!!!
[14:21] {Threei}  lol
[14:22] {hawkfan4} additional RETAILS? whoever typed that must be a trader
[14:22] {Threei}  you have no idea hawk
[14:22] {Threei}  this line initially had next YEAR
[14:22] {Threei}  changed to week in a few seconds
[14:23] {larisa} rofl
[14:23] {Threei}  I stared at it not being able to believe my eyes, lol
[14:23] {hawkfan4} lol
[14:23] {Threei}  jeez
[14:23] {Threei}  look at these spikes
[14:24] {nemo} FAS broke resistance
[14:24] {Threei}  I was thinking, to alert about WFC pullback entry near 10 or 9.80
[14:24] {Threei}  next second it was 10.35
[14:25] {nemo} htf do you play this?
[14:25] {dino} out esi 116.94, +3.70
[14:25] {Threei}  that's how
[14:26] {larisa} lol
[14:26] {Threei}  lol
[14:26] {Threei}  wtg dino
[14:26] {larisa} gj
[14:26] {dino} lucky
[14:26] {magoo} vad im crying..had GS long 80...right before pop..was exit out there 80.45 ..gets hit and goes 3+
[14:26] {nemo} so FAS to close gap from yesterday and go to 5.60?
[14:26] {Threei}  WHITE HOUSE: IAEA REPORT ON IRAN SHOWS IRAN HAS CONTINUED TO SHUN OBLIGATIONS ON NUCLEAR PROGRAM
[14:26] {dino} magoo, i gave you esi at 115 break too
[14:27] {Threei}  great... not only magoo posts {magoo} take me..i like viodka... he is crying too
[14:27] {magoo} oh u did.,..weheres my $$
[14:27] {dino} hmmmm, thinking instead of yelling them out i should walk over and slap the back of his head
[14:29] {Threei}  WFC
[14:29] {Threei}  look for entry near 10.10
[14:30] {Threei}  got .08
[14:30] {Threei}  stop under 10
[14:31] {Threei}  half out.16
[14:31] {magoo} out here .21
[14:32] {magoo} ty bossasauras-ass
[14:32] {Threei}  out in full .30
[14:32] {dino} grrr apol hits 80, i'm out at 78.60
[14:32] {nemo} ooohhhhhh
[14:33] {Threei}  was it a beauty or was it a beauty
[14:33] {magoo} u are a beauty allright lol
[14:33] {dawg} great call Vad ty in .04 out .33
[14:33] {Threei}  dawg :)
[14:33] {buyemsellem} yes nice call
[14:33] {nemo} throwin' stones from a glass house mags
[14:34] {Onix} ty Vad, got some in WFC :)
[14:34] {Threei}  mags... you seeded enough doubts in me today, lol
[14:34] {Threei}  onix :)
[14:34] {magoo} ok..ill be good
[14:34] {magoo} start teasing dino some more
[14:35] {Threei}  BAC straight down
[14:36] {Threei}  someone said something somewhere again I suppose
[14:36] {nemo} Dodd
[14:36] {Threei}  the only way to play these things is to catch a technical move between two speeches, lol
[14:37] {Threei}  and hope it resolves faster than the next speech starts
[14:37] {dino} i just don't play them, too random, too fast
[14:38] {Threei}  I am still giggling over that "treasury to release details next year"
[14:38] {Threei}  HUH?
[14:38] {Threei}  you guys think you can say this without sending market under zero?
[14:38] {dino} they still won't get it done in time
[14:39] {Threei}  some of those moves are readable dino... not all
[14:39] {Threei}  but that's what I am trying to do when such madness hits
[14:39] {Threei}  find those that are possible to read with better odds
[14:40] {Threei}  they do have patterns to them
[14:40] {Threei}  major being,
[14:40] {Threei}  when they pull back
[14:40] {Threei}  they tend to come into natural support,
[14:40] {Threei}  pause,
[14:40] {Threei}  bounce just a tad,
[14:40] {Threei}  then drop again seriously overstretching the move
[14:41] {Threei}  shaking out premature buyers hard
[14:41] {Threei}  and then bounce for real.
[14:41] {dino} not to me vad, not to me
[14:41] {Threei}  This was the case with this WFC move
[14:41] {Threei}  natural support was around .25
[14:41] {Threei}  and it gesitated there,
[14:41] {dino} i am a simple trader
[14:41] {Threei}  then dfropped under .10
[14:42] {Threei}  as it started downticking toward .20 and under, I alerted about .10 being entry zone
[14:43] {magoo} dino left office vad
[14:44] {Threei}  what did you do to him?
[14:45] {magoo} i sent him for more beer...it just keeps disappearing from fridge
[14:45] {dino} back w/mich light
[14:45] {nemo} If FAS breaks .90 long?
[14:46] {Threei}  no idea
[14:46] {Threei}  cxan be double top just as easy
[14:46] {dino} but still thinking about the grey goose on ice, i wonder if tanguary' tastes just as good, that only vodka at the office
[14:47] {dino} s/p wants to fill that opening gap
[14:50] {dino} skf nice range
[14:50] {Threei}  so, who is scared of holding over the weekend more, shorts or longs
[14:51] {nemo} FAS going to close the range...wow
[14:52] {dino} end of month, maybe markups next week, altho did not happen in jan.
[14:52] {Threei}  larisa... you asked for an up day
[14:52] {dino} s/p gap filled.
[14:52] {larisa} this one dino gave me, get your own :)
[14:52] {dino} my close green call looking better
[14:53] {dino} thank you larrrrisssssa
[14:53] {wulff} +1.15 POT half
[14:53] {dino} gj
[14:55] {dino} uso green
[14:55] {wulff} wow wfc
[14:57] {Threei}  BAC, will get interested around .50
[15:02] {Threei}  missed
[15:03] {nemo} yea didn't get through those 14:27 spikes
[15:03] {wulff} your mojo is off
[15:04] {Threei}  but wulff... my trout is on
[15:04] {Threei}  hmmm
[15:04] {Threei}  US TREASURY SPOKESPERSON: CANNOT IMMEDIATELY COMMENT ON ON WHETHER THERE WILL ADDITIONAL BANKING DETAILS NEXT WEEK
[15:05] {Threei}  it's still next year I guess
[15:05] {dino} then why say this at all
[15:05] {wulff} must consult the cat
[15:05] {Threei}  look CNN
[15:07] {Threei}  Gibbs on Santelli was the piece I meant
[15:11] {Threei}  CNBC'S LIESMAN: AFFIRMS THAT US TREASURY WILL RELEASE SOME DETAILS REGARDING THE BANK PLAN NEXT WEEK; NOTES IN LINE WITH PRIOR MARKET EXPECTATIONS FROM THE US TREASURY
[15:11] {Threei}  - Liesman notes that it is unclear whether this is truly ahead of expecations but notes it does match the orginal time frame of 'within weeks' issued by US Treasury officials at the G7 meeting{
[15:12] {Threei}  wtf
[15:12] {nemo} gotta fill time on Friday
[15:13] {dino} 3:40 time area should be interesting
[15:13] {Threei}  now the drama is not about content but about next week or not?
[15:14] {Threei}  I can't wait till market starts moving up and down on commentators' arguing about color of the paper report will be printed on
[15:14] {Threei}  CNBC: details on the plan will be on white paper
[15:14] {Threei}  Bloomberg: no, yellowish
[15:14] {Threei}  Reuters: greyihs
[15:14] {nemo} chartreuse
[15:15] {wulff} makes me crazy to wait for a stock to move with a trailing stop
[15:15] {Onix} :D
[15:15] {nemo} yeah, it must SUCK making money
[15:16] {wulff} totally
[15:16] {cujo} On iphone. Miss anything?
[15:17] {buyemsellem} market go up. market go down.
[15:17] {wulff} do-si-do
[15:17] {nemo} Somebody else going for Vad's title, this headline on RealMoney: Gold Is Poised for a Major Technical Breakout
[15:17] {dino} what about th inviible ink
[15:18] {buyemsellem} doing some trading on your phone?
[15:19] {cujo} Nah, just seeing if u all made millions while I was out. 
[15:19] {dino} on my rotary phone, yes
[15:19] {cujo} C ya
[15:19] {dino} c'mon, dji, go green
[15:19] {dino} later cujo
[15:24] {magoo} vad we in anything?
[15:24] {nemo} we're out of our minds
[15:24] {Threei}  in deep doodoo if you mean economy... in deep coma if you mean us personally
[15:25] {nemo} Almost feels like the market wants to call it a week
[15:26] {dino} where are my short coverers?
[15:27] {Threei}  not yet nemo
[15:27] {Threei}  I still have to get my revenge for this:
[15:27] {Threei}  [14:52] {Threei} larisa... you asked for an up day
[15:27] {Threei}  [14:52] {dino} s/p gap filled.
[15:27] {Threei}  [14:52] {larisa} this one dino gave me, get your own :)
[15:27] {Threei}  and my revenge to her will be closing markets in red
[15:27] {larisa} lol
[15:27] {larisa} not nice
[15:27] {Threei}  triple digits
[15:27] {Threei}  nope
[15:27] {larisa} dino has a gun..
[15:28] {dino} not happening
[15:28] {nemo} there you go
[15:28] {Threei}  but I told you... I don't even exchange postcards on Christmas with nice
[15:28] {Threei}  here are triple digits
[15:29] {dino} we are not closed yet 3i, i shall go down w/the ship if necessary
[15:29] {Threei}  ugh, don't
[15:29] {Threei}  let it sink without you on board
[15:29] {Threei}  what are you, captain of Titanic
[15:29] {nemo} why don't you rearrange the deck chairs
[15:29] {dino} well, i'm bring larisa along, so all is not lost
[15:30] {Threei}  now, THAT'S not nice
[15:30] {Threei}  see larisa... I at least don't try to kill you
[15:30] {nemo} they'll die together, how rom....STUPID
[15:31] {Threei}  my thinking is dino... we have enough of musicians in congfress and wh to play while this ship sinks
[15:31] {dino} smiling tho
[15:36] {dino} c'mon
[15:37] {dino} 3:37
[15:38] {Threei}  RIMM, pullback into 39 area for bounce
[15:40] {dino} itt sm l .80
[15:42] {Threei}  missed
[15:42] {fernp} have a nice weekend everybody
[15:42] {fernp} see u on monday
[15:42] {Threei}  take care fern, good week for you?
[15:43] {fernp} very good
[15:43] {Threei}  :)
[15:43] {fernp} :)
[15:46] {nemo} FAS and SPY are carbon copies
[15:47] {dptl} have a good weekend all :)
[15:47] {Threei}  take care dp, happy birthday!
[15:47] {nemo} P&Q
[15:47] {dptl} ty:)
[15:48] {dino} happy bday dp
[15:49] {dptl} ty:0
[15:49] {dino} see ya fern
[15:50] {Threei}  REP. FRANK: NATIONALIZATION IS SOMETHING TO BE AVOIDED AND DOEST SEE IT AS LIKELY RIGHT NOW - TV INTERVIEW
[15:50] {Threei}  strange
[15:50] {Threei}  from this guy I'd expect "sure, we will take them and fix them"
[15:51] {dino} "right now"
[15:51] {Threei}  "cause we already fixed GSEs, ya know"
[15:52] {magoo} they all should zip mouths here
[15:53] {Threei}  not an option
[15:53] {Threei}  careers are being made and destroyed at times like these
[15:54] {dino} out itt .10, +.30
[15:54] {patience} no shopping spree yet, just waiting
[15:54] {patience} have a good weeked guys
[15:54] {Threei}  patience :)
[15:54] {dino} u2 patience
[15:55] {Threei}  BAC CEO: BANK DOES NOT NEED FURTHER ASSISTANCE, CAN SURVIVE DOWNTURN ON ITS OWN; TRADING BUSINESS HAS 'VASTLY IMPROVED' IN CURRENT QUARTER - INTERNAL MEMO
[15:55] {Threei}  - Remarks that the corporate debt market indicating signs of 'thawing
[15:55] {vint} bye guys, see u on monday
[15:55] {Threei}  take care vint
[15:55] {dino} l8r vin
[15:56] {nemo} P&Q
[15:56] {larisa} Pint and Quart ?
[15:56] {hawkfan4} bye all
[15:57] {nemo} Peace & Quiet
[15:57] {larisa} :)
[15:57] {nemo} the older I get the more of it I want
[15:57] {larisa} when you have it, it means you are dead.. 
[15:58] {Threei}  BAC a lot of buyers
[15:59] {dino} out cpla .80, +.20
[16:00] {Threei}  okay guys
[16:00] {Threei}  great week
[16:00] {Threei}  no losing days
[16:00] {nemo} Yeah...for the most part they called it a week
[16:00] {Threei}  while market is hurting badly
[16:00] {Threei}  thsank you all
[16:01] {Threei}  have a great weekend
[16:01] {dino} thirsty...........
[16:01] {nemo} see ya'
[16:01] {Threei}  see you on monday
[16:01] {larisa} later :)
[16:01] {magoo} ty vad.....everyone
[16:01] {dino} take care all
[16:01] {dino} thx for ideas
[16:01] {_redcat}  nice being with u all
[16:01] {Threei}  you know where to find us redcat
[16:02] {magoo} take car redcat
[16:02] {Threei}  magoo even willing to give you his car
[16:02] {magoo} oh HE HE
[16:02] {dino} good to have you here redcat
[16:02] {_redcat} most generous of u magoo....should be able to make my own payments with ur guidance
[16:05] {dino} 4% over 30 or 40 years seems fair
[16:10] {dino} gn all