Monday, April 27, 2009

Apr 27 2009

Somewhat empty day. Slightly positive but nothing to write home about. Whole swine flu thing took the market off track.

Session Time: Mon Apr 27 00:00:00 2009

[07:56] {nemo} Gawd...this window header stuff has taken on a life of it's own!
[08:02] {fernp} Good morning
[08:03] {nemo} :)
[08:03] {fernp} Bin Laden May Be Dead According to Pakistan's Intelligence http://www.bloomberg.com/apps/news?pid=20601087&sid=aFTKaoi4lFNg
[08:04] {nemo} They roll that headline out every year
[08:17] {pita} greetings
[08:27] {dptl} good morning all
[08:28] {nemo} gm
[08:41] {Threei}  Good morning
[08:41] {larisa} morning :)
[08:41] {dptl} good morning
[08:41] {fernp} gm
[08:42] {Threei}  latisa, dp, fern :)
[08:47] {KSystems} morning :)
[08:48] {ese} morning
[08:50] {Threei}  ks, ese :)
[08:51] {Threei}  ese look dcc please
[08:55] {jfjf64} gd mornin all
[08:55] {Threei}  jf :)
[09:04] {cosmo} NVAX trading at a feverous pace
[09:05] {Threei}  swine flu play
[09:05] {cosmo} 3.10 to 3.95 range
[09:05] {Threei}  GNBT is another
[09:06] {cosmo} BCRX
[09:07] {cosmo} PURE
[09:08] {cosmo} QDEL: # Quidel falls to 1Q loss on weak flu seasonAP(Thu, Apr 23)
[09:09] {cosmo} good time to start a tea tree farm maybe
[09:20] {i2romantis} morning all
[09:21] {cosmo} CRXL
[09:22] {Threei}  i2r :)
[09:22] {nemo} Can we trust quotes Vad?
[09:24] {magoo} morn
[09:24] {Threei}  doesn't look like it
[09:24] {Threei}  INET is stuck
[09:24] {nemo} so sit it out until resolved?
[09:24] {Threei}  look at T&S and compare to level 2
[09:24] {Threei}  usually T&S is accurate
[09:24] {Threei}  if you swicth server, you will see corrected level 2
[09:25] {dino} gm all
[09:25] {Threei}  dino :)
[09:25] {nemo} what servers to use vad?
[09:28] {Threei}  they all screwed up
[09:28] {Threei}  hmm
[09:28] {Threei}  seems better
[09:28] {nemo} Well..how's the weather?
[09:29] {Threei}  I am on 7th
[09:29] {nemo} quote or chart?
[09:29] {Threei}  no, still delayed
[09:31] {Threei}  NVAX looks determined
[09:32] {magoo} gild drops a point
[09:33] {vint} good morning all
[09:33] {Threei}  vint :)
[09:34] {nemo} fas closing the gap
[09:35] {Threei}  watching FAZ for pullback and double bottom
[09:35] {Threei}  8.55 support
[09:35] {Threei}  would like to get it as close to it as possible
[09:36] {Threei}  around .60 if shows strength
[09:36] {Threei}  if not going there, then .70 break
[09:36] {dptl} in.68
[09:37] {Threei}  stop under .60 for scalp or under .55 for bigger trade
[09:38] {dptl} half out .78
[09:40] {dptl} all out ty
[09:40] {dptl} faz
[09:42] {Threei}  let's try to find GILD entry
[09:42] {Threei}  half lot only, stock is too volatile
[09:43] {Threei}  great... jumped as I was ttypoing .10 break, lol
[09:43] {jfjf64} crazy
[09:43] {nemo} where auto correct in Laser?
[09:44] {Threei}  right click on level 2
[09:44] {Threei}  tab Level II
[09:45] {Threei}  section Auto Correction
[09:45] {nemo} ty
[09:45] {Threei}  check upper box, keep 0
[09:45] {magoo} in gild btw .40
[09:46] {Threei}  I'
[09:46] {magoo} out .71 TY vad
[09:46] {Threei}  d be taking prifit near .70
[09:46] {Threei}  good exit
[09:46] {Threei}  ENER
[09:46] {Threei}  HEARING RENEWED TAKEOVER CHATTER
[09:46] {magoo} FL too lol
[09:48] {Threei}  BCRX pullback is geting interesting
[09:48] {Threei}  fast seling under 4 is what I want to see
[09:49] {Threei}  FAZ again
[09:49] {Threei}  .60 break if holsding .55
[09:49] {Threei}  keep stop religiously, if it loses .55 will dive fast
[09:51] {dptl} in .61
[09:51] {nemo} in
[09:52] {Threei}  stopped
[09:52] {dptl} stopped
[09:52] {nemo} yeah the nas and spy were strengthening
[09:53] {jfjf64} stopped
[09:53] {magoo} FITB str up
[09:54] {ese} yup been watchin it....interesting
[09:54] {ese} it had pretty good numbers last week
[09:54] {magoo} financials strong
[10:02] {magoo} .
[10:04] {i2romantis} lol, my morning is done. as freaky as it can be, holding overnight or weekend can be fun :)
[10:04] {nemo} it can suck too
[10:04] {nemo} glad you got the bull and not the horn
[10:05] {i2romantis} :)
[10:05] {i2romantis} see you guys tomorrow
[10:05] {Threei}  take care i2r
[10:05] {fernp} bye
[10:05] {magoo} sigh
[10:07] {magoo} DNDN vad
[10:07] {magoo} nutsaroolla
[10:09] {Threei}  US CDC MAY REPORTEDLY BE ISSUING TRAVEL RECOMMENDATIONS REGARDING SWINE FLU LATER TODAY
[10:09] {Threei}  {NVAX BCRX GILD ROG.SZ GSK.UK}
[10:10] {Threei}  DNDN no news
[10:10] {magoo} beyond volatile
[10:11] {magoo} futes weak
[10:11] {vinod} just a test
[10:11] {vinod} working
[10:12] {vinod} good morning
[10:13] {Threei}  vinod :)
[10:13] {Threei}  WSJ: LARGE COMMERCIAL JET SEEN FLYING LOW OVER HUDSON RIVER BEING ACCOMPANIED BY MILITARY JET
[10:13] {Threei}  what's going on today
[10:14] {ese} did anyone esle get cut off or was that just me
[10:15] {nemo} I stoved your ip address
[10:15] {Threei}  there was server hiccup
[10:15] {nemo} not :)
[10:15] {ese} tks nemo.......
[10:15] {wulff} WFC long here
[10:15] {wulff} me 
[10:16] {nemo} still dating wfc huh wulff :)
[10:16] {wulff} see'um as I see'um
[10:17] {nemo} great one on Friday if I remember...scooped it right off the floor
[10:17] {wulff} yes
[10:18] {jfjf64} keep gettin knocked off server   anyone else
[10:18] {nemo} no
[10:18] {patience} me too
[10:18] {vinod} me too
[10:21] {magoo} vad..we in anything
[10:21] {Threei}  no
[10:22] {nemo} so NO ENTRY! has multiple applications
[10:22] {magoo} vad, no what?
[10:22] {pita} FITB consolidating...
[10:23] {wulff} seems to be some financial funny business today
[10:25] {ese} straight out of Vads book Pita.......
[10:25] {ese} same thing with HBAN
[10:26] {pita} aye
[10:30] {ese} aye laddie
[10:30] {dino} out blud .25, +1.00 holdover from fri
[10:30] {dino} sm l ctcm .25
06[10:30] * magoo slaps dino around a bit with a large trout
[10:30] {ese} is it an entry ye be wan'en
[10:31] {magoo} holds dont count lol
[10:31] {nemo} shouldn't that be a large roll of cash mags?
[10:31] {dino} lol
[10:31] {pita} aye it is
[10:31] {pita} is = tis
[10:31] {magoo} what..u a pirate now lol
[10:31] {nemo} irish
[10:31] {pita} bored
[10:32] {nemo} what nationality is that?
[10:32] {ese} combination scotish/ irish
[10:32] {pita} mutt
[10:32] {nemo} I'm from the pound too
[10:33] {dino} rcl beat up on swine
[10:34] {dino} ccl too
[10:34] {pita} FITB'd gonna break - more likely down?
[10:34] {nemo} what about dis?
[10:35] {magoo} new movie release...the baconator
[10:35] {dino} dis or dat?
[10:35] {ese} or dez or doz or dem
[10:36] {nemo} der die das die dem der den des
[10:36] {nemo} huh K!
[10:36] {dino} rcl gap around 11.75
[10:39] {Threei}  WFC
[10:39] {Threei}  REPORTEDLY TO RE-MARKET $2.84B IN DEBENTURES ORIGINALLY DUE 2033
[10:39] {Threei}  - Re-market not seen producing any net-profits
[10:39] {wulff} good boy WFC
[10:40] {ese} now theres one i haven't heard before...remarket debentures.....how does that work
[10:40] {Threei}  no idea
[10:41] {dino} lipstick helps
[10:42] {ese} when i took that useless Canadian Securities course we studied debentures but not that concept
[10:44] {Threei}  nice spike WFC
[10:44] {ese} right along with qqqq
[10:48] {dino} ilmn sm l .00
[10:54] {dino} out ctcm .10, +.85
[10:58] {jfjf64} keep getting kickerd off     we in anythin 
[10:58] {Threei}  no
[10:58] {jfjf64} ty
[10:59] {Threei}  F is trying Fri high
[11:00] {nemo} still awake vad
[11:01] {Threei}  pace is so strange whole morning, can't get a feel for what's happening
[11:02] {nemo} advancers are only 31% 56% for decliners
[11:02] {dino} just said same thing to magoo
[11:03] {dino} lackluster
[11:03] {nemo} I'm getting coffee, see if that helps
[11:04] {magoo} i went emergency room friday nite..yup, ankle broke
[11:04] {magoo} so i have to leave today @ 12:30 for ortho apptm
[11:04] {magoo} been walking on it for 7 days lol
[11:05] {pita} ouch
[11:05] {pita} ankle is complicated joint
[11:05] {magoo} tell me about it 
[11:06] {pita} yeah, sorry
[11:08] {nemo} didn't work
[11:11] {Threei}  RMBS
[11:12] {Threei}  HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[11:12] {Threei}  - Samsung rumored as potential acquirer north of $15/shr
[11:19] {jfjf64} vad  recieved course mail today   ty
[11:19] {Threei}  great
[11:20] {jfjf64} ill call ya  next sat at  9am eastern   see how  ya doin    lol
[11:20] {Threei}  death wish?
[11:21] {Threei}  watching WFC for bounce scalp
[11:21] {Threei}  quick sellogg into .60 would be interesting
[11:25] {vinod} market is dead
[11:25] {Threei}  very much so
[11:26] {Threei}  and morning move was so reserved, couldn't really find any worthy plays
[11:27] {nemo} just slowly diminishing reversals
[11:29] {vinod} The market rewards patience traders
[11:29] {Threei}  watching GILD for possible .50 - .60 range, then break
[11:30] {Threei}  one more such move down then up, and I will be interested
[11:30] {Threei}  here is down
[11:30] {Threei}  if holding .50 and breaks .60, long
[11:30] {nemo} invalumadated
[11:31] {Threei}  yeah
[11:32] {vinod} well time for liquid lunch is coming
[11:32] {jfjf64} ya
[11:32] {nemo} where you going vinod?
[11:33] {vinod} at fire and ice
[11:33] {jfjf64} wfc
[11:33] {nemo} Not familiar with that place...Frankly I stay out of the city
[11:33] {vinod} on berkely street
[11:34] {nemo} o.k.
[11:34] {Threei} Long Setup:  GILD  .45 break
[11:34] {Threei}  stop under .40
[11:34] {Threei}  just a scalp most likely
[11:35] {magoo} in
[11:35] {vinod} in
[11:35] {vinod} stop at 0.38
[11:36] {Threei}  1:1, lol
[11:36] {Threei}  and over
[11:36] {vinod} move stop to 0.45
[11:36] {Threei}  WFC is getting there
[11:37] {vinod} now 0.50
[11:37] {vinod} done
[11:38] {Threei}  why not just take profit when it's almost 1:2?
[11:38] {Threei}  it was intended as a scalp from the get go
[11:38] {nemo} don't feel bad vinod...been there done that
[11:38] {vinod} hope--i had a hope it may go to more
[11:38] {Threei}  it's a hi-bye-niceknowingyou kind of play
[11:38] {nemo} hopehopehopehopehopehopehopehopehopehopehopehope
[11:39] {nemo} no hope
[11:39] {nemo} evil word
[11:39] {nemo} damn caffeine
[11:39] {Threei}  one thing I'd do differently if tried to maximize it vinod:
[11:39] {Threei}  moving stop to breakeven after 1:1 is reached makes sense,
[11:40] {vinod} thanks vad
[11:40] {magoo} i still in
[11:40] {Threei}  but next trail was a bit too overtightened
[11:40] {Threei}  if you really want to go for a run while avoiding loss, keep the stop at breakeven,
[11:40] {nemo} Why am I not surprised mags is still in
[11:40] {Threei}  don't give it chance to shake you out so easily
[11:41] {Threei}  look at it this way:
[11:41] {dptl} i did that first half .55 and than .49 gild ty
[11:41] {Threei}  if you were willing to sacrifice 10 cents profit for the chance of bigger run and at the risk of profit evaporating,
[11:41] {magoo} just thought it hasd more
[11:41] {Threei}  what sense does it make to lock in 4 cents profit by moving stop to .50?
[11:41] {Threei}  see my point?
[11:42] {Threei}  accept breakeven as worst case scenario and give it breathing room
[11:42] {jfjf64} wfc
[11:42] {Threei}  but .50 is almost guaranteed shakeout
[11:43] {vinod} o.k i got it should have at breakeven pot
[11:43] {magoo} out .66 TY
[11:43] {magoo} +.21
[11:43] {Threei}  yeah, there is a contradiction between refusing to take 10 cents for the chance of bigger run, yet tightening stop to 4 cents :)
[11:43] {Threei}  welcome mags
[11:46] {nemo} wfc wulff
[11:46] {dino} titn
[11:47] {nemo} jf
[11:47] {jfjf64} not yet
[11:47] {jfjf64} waitin for .60
[11:47] {nemo} nope
[11:48] {jfjf64} nope nope
[11:48] {dino} l .95
[11:48] {Threei}  .64-.65 was it... was a bit too fast there for confident entry
[11:48] {nemo} higher low inside the bollinger bands
[11:49] {wulff} still holding
[11:54] {Threei}  FTC CHAIR: INTERNET COMPANIES APPROACHING THEIR 'LAST CHANCE' TO SELF REGULATE
[11:54] {Threei}  huh?
[11:55] {nemo} taxes
[11:56] {Threei}  DNDN
[11:56] {Threei}  the thing is beyond risky
[11:56] {Threei}  but I swear it's preparing another stunning run
[11:56] {nemo} gild headed back to support
[11:57] {jfjf64} entry??
[11:58] {Threei}  22 break... half lot
[11:58] {Threei}  risky as hell
[11:58] {dptl} stop?
[11:59] {Threei}  if sets up from here, under .90
[11:59] {dptl} ok ty
[12:00] {magoo} ok..i gotta run, er um, hobble..to my ortho apptmt
[12:01] {Threei}  good luck mags
[12:01] {magoo} c u tomorrow
[12:01] {magoo} ty
[12:01] {nemo} good luck Mags
[12:03] {Threei}  come on DNDN... you know you want it
[12:03] {nemo} just think of how many are looking at that chart?
[12:03] {ese} ahhhhh  haaaaaa.......how dare you kick my butt..........trout ok but ....butt....well i never
[12:03] {nemo} ese!  wtf?
[12:04] {ese} the admin kicked me from the server....well i nver
[12:04] {nemo} oh
[12:05] {Threei}  sure... you used incorrect username, lol
[12:05] {jfjf64} still valid
06[12:05] * nemo slaps ese around a bit with a large copy of UNIX for dummies
[12:05] {Threei}  with half, lot... to me, yes
[12:06] {Threei}  just no market orders
[12:06] {ese} tks i needed that
[12:06] {Threei}  that will get you in at the price you would rather sell, lol
[12:07] {dptl} in .85 stop
[12:10] {Threei}  too long pause after such a break
[12:11] {dptl} stopped -.18
[12:15] {pita} gotta go guys, cu later
[12:15] {Threei}  take care pita
[12:15] {ese} see ya pita
[12:23] {nemo} that's a dramamine stock
[12:23] {Threei}  shakeout...
[12:23] {Threei}  oh well
[12:25] {Threei}  sigh
[12:27] {dptl} usb?
[12:28] {Threei}  don't see anything there
[12:29] {Threei}  FDIC'S BAIR: WE HAVE MOVED BEYOND THE LIQUIDITY CRISIS SEEN LAST YEAR
[12:30] {dptl} hmm .15 .25 wasn't that consolidation? 
[12:31] {Threei}  I don't see it giving anything worthy
[12:33] {Threei}  (MX) MEXICAN HEALTH MIN: DEATH TOLL FROM SWINE FLU IS UP TO 149 PEOPLE
[12:34] {jfjf64} wfc sellin
[12:34] {dino} titn to flat mkt drop
[12:35] {dino} forr
[12:37] {Threei}  GILD interestingly strenghtening
[12:42] {chinggis} FAZ going for 9?
[12:47] {dino} ilmn stopped -.32
[12:49] {jfjf64} nice to get losses out of way      
[12:49] {Threei}  can't tell really on FAZ
[12:49] {Threei}  things just slow
[12:50] {chinggis} ok ty
[12:53] {Threei}  (MX) WITNESSES SAY BUILDINGS SHAKE FROM POSSIBLE EARTHQUAKE IN MEXICO CITY
[12:53] {Threei}  ummm
[12:53] {Threei}  someone up there decided to eliminate Mexico altogether?
[12:56] {vinod} just my 2 cent--SRS is flying
[12:59] {dino} ctcm sm l .25
[13:01] {Threei}  TREASURY'S $40B 2-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.72 V 2.71 PRIOR AND 2.42 AVE OVER LAST 10 AUCTIONS
[13:07] {Threei}  Mondays are often hard to findsomething tradable, but this slow - it's rare
[13:07] {nemo} May starting early
[13:07] {Threei}  I don't know if standard "slow summer" will hold this year
[13:08] {Threei}  certainly didn't last summer
[13:08] {Threei}  it was the most active I've ever seen
[13:08] {nemo} Thinking that myself
[13:08] {Threei}  august, traditionally the most dead month, was unbelievably active and readable
[13:11] {Threei}  I'd think it's a pure swine flu reaction today
[13:12] {Threei}  it kind of interrupted the normal flow of events by this rapid over the weekend develoment
[13:12] {Threei}  market was in a process of setting up the trap
[13:12] {Threei}  climb up into stress test results, drop like stone after positive resluts are announced - that was the idea, IMO
[13:13] {Threei}  suddenly this swine thingy comes along and injects whole new factor to account for
[13:13] {Threei}  travel and ailine names get killed, biotechs get lifted
[13:14] {dino} ccl sm l .01
[13:14] {Threei}  in other words, sectors that were not in focus of attention at all suddenly jumped in play
[13:14] {Threei}  syphoned money and attention
[13:18] {jfjf64} said very nicely vad
[13:18] {nemo} Vad doesn't do "nice"
[13:19] {jfjf64} im a newbie here    
[13:19] {nemo} Yeah, smart to suck-up to the boss
[13:20] {Threei}  magoo's real boss
[13:20] {nemo} that's scary
[13:20] {nemo} Yeah...let's talk about Magoo, he's not here to defend himself
[13:24] {ese} signing off.....see you all tomorow....
[13:25] {nemo} nice day ese
[13:25] {Threei}  take care ese
[13:25] {ese} see ya nemo vad
[13:25] {dino}  r4mbs
[13:26] {dino} rmbs
[13:29] {Threei}  starting to see FAS entry
[13:30] {Threei}  see = seek
[13:30] {dino} ccl stopped
[13:31] {dino} -.32
[13:33] {Threei}  want to see it pulling back off .90
[13:33] {Threei}  then either making double bottom closer to .80
[13:34] {Threei}  or holding above .85 and breaking .90
[13:34] {Threei}  IRS REPORTEDLY PREPARING TO INVESTIGATE OTHER OFFSHORE BANKS BESIDES UBS FOR HELPING CUSTOMERS EVADE TAXES
[13:34] {Threei}  held .85 so far
[13:35] {Threei}  .90 break long for scalp if holding above .85
[13:35] {dptl} in
[13:36] {Threei}  RMBS
[13:36] {Threei}  REPORTEDLY ANTI-TRUST CASE AGAINST MANUFACTURERS IS BEING ALLOWED TO GO FORWARD
[13:41] {dptl} out ty
[13:41] {Threei}  pesky scalper
[13:43] {Threei}  oh wait... I called it as a scalp
[13:43] {Threei}  {--- pesky caller
[13:43] {dptl} there :)
[13:43] {Threei}  lol
[13:43] {nemo} so, is it a scalp, or a daytrade?
[13:44] {Threei}  UN OFFICIAL: SWINE FLU DOES NOT APPEAR TO BE THREATENING FOOD CHAIN; LIMITED TO HUMANS
[13:44] {nemo} glad the animals will survive
[13:44] {larisa} lol
[13:44] {Threei}  that's good I assume... even if we all extinct, food will still be safe
[13:44] {nemo} Then we become worm or buzzard food
[13:44] {Threei}  out FAS
[13:44] {Threei}  .98
[13:44] {fernp} out here 2:1 
[13:45] {fernp} ty Vad
[13:45] {Threei}  sure
[13:45] {Threei}  chicken feed today
[13:45] {Threei}  but whatever... there is no bird flu right now
[13:49] {nemo} Any thoughts if Fas Holds here?
[13:50] {Threei}  feels to me like going lower
[13:50] {nemo} the indexes are't helping, that's for sure
[13:52] {Threei} Long Setup:  FAZ  .90
[13:52] {Threei}  stop under .85
[13:54] {nemo} scalp I assume?
[13:54] {nemo} nevermind
[13:54] {Threei}  invalidated... let's wait for now
[13:55] {Threei}  want ti to resstablish the range
[13:55] {nemo} or, creating a longer double bottom in fas?
[13:56] {Threei}  nah... FAS should break down
[13:57] {nemo} look at the volumes, or lack thereof...
[13:59] {Threei}  don't know about this setup... kind of not here nor there
[13:59] {nemo} fas or faz?
[13:59] {Threei}  lol
[13:59] {Threei}  both
[14:00] {nemo} definite maybe, huh?  although, there was another scalp in FAS
[14:00] {Threei}  after 4 tests of the bottom, no way I'd bet on that
[14:01] {nemo} no, but there seem to be cycles, and we are coming out of the lunch period and it's been downtrending since 11:00
[14:04] {nemo} Will the sage sith lord Vad be right again?
[14:04] {Threei}  is there any names I haven't been called yet today?
[14:04] {Threei}  is = are
[14:04] {nemo} You want me to start?
[14:04] {Threei}  I guess
[14:04] {Threei}  umm
[14:04] {Threei}  no
[14:14] {nemo} quite a set of scalps fas and faz have been giving
[14:14] {Threei}  SEC REMARKS THAT 50 INVESTIGATIONS ARE GOING WITH REGARDS TO CREDIT DEFAULT SWAPS
[14:14] {Threei}  {ICE CME ISE}
[14:15] {Threei}  seesaw between .80 and .90 on both
[14:15] {nemo} yes
[14:17] {Threei}  US TRADE REP: PORK FROM CERTAIN US STATES HAS BEEN BANNED IN CERTAIN COUNTRIES
[14:17] {Threei}  USDA: THERE ARE NO REPORTS OF SWINE FLU AMONG PIGS IN THE US
[14:18] {Threei}  American pigs - the healthiest pigs in the world!
[14:22] {dptl} gt?
[14:23] {Threei}  US SENATOR GRASSLEY: NOT MUCH CHANCE FOR APPROVAL OF ADDITONAL TARP FUNDS THROUGH AUGUST
[14:24] {Threei}  but after august is fine?
[14:28] {nemo} This day reminds me of a Neil Young comment..."It starts off real slow, and then fizzles out all together."
[14:29] {Threei}  lol
[14:32] {Threei}  FAS... pullback under .90 will be worth long entry
[14:36] {dino}  rcl sm l .15
[14:37] {dino} intc sm l .30
[14:45] {Threei}  (US) OCC'S DUGAN: TRANSITIONING THRIFT CHARTER TO A NATIONAL BAK CHARTER IS DOABLE
[14:45] {Threei}  - There is strong political will to cut the number of agencies overseeing banks.{XLF}
[14:50] {Threei}  anyone took FAS on pullback under .90?
[14:57] {Threei}  Bank of New York Company Inc CEO: Believes stress tests may show average bank is healthier than majority of people think
[15:01] {Threei}  (US) White House Press Sec Gibbs: Reiteratest that the govt has no desire to run the auto companies
[15:02] {Threei}  {auto companies} yeah, thank you, we can die on our own just as well
[15:04] {jfjf64} is fas wowth  gettin involved with  on  this  bounce   boss
[15:04] {Threei}  watching
[15:04] {Threei}  not sure yet
[15:04] {jfjf64} k
[15:07] {Threei}  probably off .70
[15:07] {Threei}  one more quick leg down, and scalp should be in order
[15:07] {jfjf64} yeah
[15:09] {dptl} .75?
[15:09] {dptl} in.76
[15:10] {dptl} stop under .70?
[15:10] {Threei}  there is not much technical to this play
[15:10] {Threei}  can't tell really
[15:12] {Threei}  should move over 80 now for exit
[15:17] {dptl} hmm
[15:17] {Threei}  now
[15:17] {Threei}  het out
[15:17] {Threei}  get too
[15:17] {dptl} out.84 ty
[15:18] {jfjf64} out.90  ty
[15:18] {Threei}  :)
[15:18] {Threei}  pure "feeling" play
[15:18] {vint} out .87
[15:18] {Threei}  not much on chart to indicate precise entry
[15:18] {jfjf64} ya feelin  gd
[15:20] {dino} blud l .35
[15:27] {Threei}  FAS again
[15:27] {Threei}  first strength
[15:28] {Threei}  in .70
[15:28] {dptl} .71 in 
[15:28] {dptl} stop .65?
[15:28] {Threei}  yeah
[15:30] {Threei}  (US) House to vote on credit card reform legislation on Thursday
[15:31] {Threei}  - NYSE volume 1B shares, about 15% below its three-month average; decliners lead advancers by 3.3:1.
[15:31] {Threei}  - NASDAQ volume 1.83B shares, about 1% below its three-month average; decliners lead advancers by 1.8:1.
[15:32] {dptl} out ty
[15:32] {Threei}  out .77
[15:32] {dptl} .77
[15:33] {Threei}  TARP watchdog Warren: Fed white paper on stress tests gave little detail on the tests mechanics
[15:33] {Threei}  Market data center Your headlines are not in real-time mode Go to live Close
[15:33] {Threei}  Show messages
[15:33] {Threei}  Hide messages
[15:33] {Threei}  sheesh
[15:35] {_ryanagler} what do you think of scalp of gs at 200ma?
[15:35] {Threei}  sorry, having quote issues
[15:35] {Threei}  can't tell
[15:38] {Threei}  urges that stress tests be tough and transparent, otherwise tests will be "useless";
[15:38] {_ryanagler} no prob.  on 10min gs chart 200ma is also 121 even number.  might try it if hits there
[15:39] {Threei}  back...
[15:39] {Threei}  hmm
[15:39] {Threei}  not sure, feels like GS wioll s;ice through 121
[15:42] {Threei}  crap
[15:42] {Threei}  missed FAS dive to ./60 with this connection drop
[15:45] {Threei}  grrr... anyone got it?
[15:45] {jfjf64} nope  stopped at .63
[15:45] {jfjf64} grrr
[15:47] {dino} i'll crack you up, last week on monday it snowed here, today it's 97 degrees
[15:48] {Threei}  lol
[15:48] {Threei}  sliiightly positive day... nothing to write home about
[15:49] {Threei}  and whole lot of issues with quotes, connection, spam e-mails with ugly-looking would-be-brides
[15:54] {Threei}  okay guys, strange day
[15:54] {Threei}  not bad day, just strange
[15:54] {Threei}  have a good evening, see you tomorrow
[15:55] {Threei}  hopefully swines stop sneezing
[15:55] {larisa} later :)
[15:55] {Threei}  and we can get back to business as usual
[15:55] {dptl} have a good evening all
[15:55] {vint} good evening all
[15:55] {_ryanagler} thanks, take care
[15:55] {jfjf64} good night all
[15:56] {fernp} good day here. Good evening all, see u tomorrow