Friday, May 22, 2009

May 22 2009

Not very active day which is not surprising before the long weekend. Just a few trades but profitable.

Session Time: Fri May 22 00:00:00 2009

[08:33] {magoo} morning
[08:33] {nemo} magus
[08:33] {Threei}  good morning
[08:34] {Threei}  mags, want good advice?
[08:34] {Threei}  do NOT look at OGXI
[08:35] {magoo} oy
[08:37] {magoo} whats up with CGRB?
[08:37] {Threei}  CGRB Johnson & Johnson agrees to acquire company for $1.0B in a cash tender offer; To purchase all shares at $43/shr (last: $36.98)
[08:37] {Threei}  - Under the terms of the agreement, Johnson & Johnson will initiate a tender offer, through a ne... (36.98, 0.62, 1.71%) more... (related JNJ )
[08:40] {Threei}  GM is trading in quite a range for this price
[08:50] {fernp} good morning everybody
[08:50] {Threei}  fern :)
[09:05] {ese} good morning
[09:06] {Threei}  ese :)
[09:07] {Threei}  Prez on TV, if anyone wonders
[09:08] {cosmo} yeah...sometimes i do wonder what's on TV
[09:09] {Threei}  being a male, per Seinfield you should be wondering what ELSE is on TV
[09:09] {cosmo} car races 
[09:09] {cosmo} good time for them
[09:10] {Raven} Monaco cosmo
[09:10] {cosmo} yep
[09:11] {ese} Bank United in Florida closed it's doors eh......
[09:11] {ese} what going to happen with that
[09:11] {dptl} good morning
[09:11] {ese} dp
[09:11] {dptl} :)
[09:12] {Threei}  Raven, dp :)
[09:12] {Raven} 3i:)
[09:12] {ese} well well well   Raven!!!!  HOW ARE YA
[09:12] {Raven} I are just ducky
[09:13] {cosmo} gee...get better i hope
[09:13] {ese} this is a good thing....good to see you hangin
[09:13] {Raven} I'm always watching and I can't get too much better
[09:14] {Raven} all downhill now
[09:14] {cosmo} got breaks?
[09:14] {Raven} disks both front & rear
[09:14] {ese} guess i missed something....whats happenin
[09:15] {Raven} lol
[09:15] {Raven} you're thinking too hard ese
[09:15] {cosmo} Monte Carlo, ese
[09:15] {ese} ahhhhh
[09:16] {Raven} and the warbler migration has peaked
[09:16] {ese} are you a birder?
[09:16] {cosmo} uh oh
[09:16] {Raven} oh you bet
[09:17] {Raven} almost every morrning in April, May
[09:17] {ese} neat....I love birds....have a White Face Pearl Cockateil
[09:17] {Raven} cept today is too windy
[09:18] {Raven} that bird is an invasive species
[09:18] {ese} a rare version of a cockateil.....tell me about it
[09:18] {Raven} yes ... don't let it out into the habitat or we'll be overrun
[09:19] {ese} naw no chance ....have clipped a wing
[09:19] {Raven} good
[09:19] {cosmo} i like teratorns....but, no matter..
[09:19] {Raven} they're not very mobile
[09:19] {ese} i should consider that then.
[09:20] {ese} where do you do most of your birding
[09:21] {Raven} United States 
[09:21] {Raven} headed for North Dakota June 4
[09:22] {ese} have a great time....your close to my home province there...Saskatchewan
[09:22] {Raven} yup ... will be right on the border for several days
[09:23] {Raven} open spaces and Prairie species
[09:24] {Raven} and no people
[09:24] {ese} definately.......i love the open prarie of Saskatchewan
[09:24] {Raven} most all native Prairie habitat destroyed in the uS
[09:24] {ese} I like it here on the west coast but when i go back my body feels more calm when i get off the airplane
[09:25] {Raven} like 95%
[09:25] {ese} so
[09:25] {cosmo} ADSK pre mkt high = 22.05  fwiw
[09:26] {Raven} sheesh ... got dumped
[09:26] {jfjf64} mornin
[09:26] {ese} jf
[09:27] {pita} greetings all
[09:27] {Threei}  jf, pita :)
[09:27] {Threei}  trying to gauge GM
[09:28] {Threei}  feels like it's all about specultion on bankruptsy at this point
[09:28] {Threei}  made quite aove yesterday, and trying to continue
[09:29] {nemo} shld up big
[09:30] {Threei}  watching WFC also for p;ossible repeat of yestetrday's trick
[09:30] {jfjf64} yup
[09:30] {Threei}  big selloff, big jump
[09:31] {dino} gm
[09:31] {Threei}  dino :)
[09:32] {ese} L Drys .20
[09:32] {dino} gm bankruptcy talk is next week
[09:32] {Threei}  it surely trades quite well for that, lol
[09:32] {ese} pita...did you catch any of that move by drys yesterday
[09:33] {pita} :(
[09:33] {jfjf64} s bac .48
[09:33] {cosmo} ARUN pre mkt high = 6.40  fwiw
[09:33] {Threei}  if we get GM pullback to or under 2.10, worth considering
[09:33] {pita} I was out DRYS with small loss
[09:34] {jfjf64} in
[09:34] {pita} never went back
[09:34] {Threei}  interestingly enough, F is in red
[09:34] {pita} nm
[09:34] {Threei}  even though F is not under immediate bankruptsy threat
[09:34] {Threei}  go figure
[09:35] {fernp} GM pullback
[09:35] {Threei}  GM Economic Advisor Goolsbee: Administration committed to company through the first deadline of restructuring June 1
[09:35] {Threei}  - This comes in response to Washington Post article speculating that the Administration was preparin...more...
[09:35] {jfjf64} drop bac
[09:36] {jfjf64} .34  half
[09:37] {Threei}  .10 break GM if stays above .05
[09:37] {Threei}  nope
[09:37] {nemo} invalumadate
[09:37] {nemo} korreqt?
[09:37] {Threei}  [09:37] {Threei} nope
[09:38] {dino} rrgb
[09:38] {nemo} more about my spelin
[09:38] {pita} bounce point BAC?
[09:39] {ese} l drys avg position .08
[09:39] {jfjf64} .29 remain out  bac
[09:39] {Threei}  WFC
[09:39] {Threei}  wastching for drop into .60
[09:40] {Threei}  BAC .30 break long
[09:40] {Threei}  if stays above .20
[09:41] {dino} .
[09:41] {dino} am i here?
[09:41] {Threei}  yes sir
[09:41] {nemo} no
[09:41] {ese} yes and no
[09:41] {dino} ty dsl kicked
[09:41] {jfjf64} +14   +19  bac
[09:41] {dino} perhaps then
[09:41] {dino} gj
[09:43] {Threei}  WFC getting there
[09:43] {Threei}  .70 break long if holding .60
[09:44] {nemo} opps
[09:44] {nemo} oops
[09:44] {Threei}  BAC .20 break
[09:44] {jfjf64} in.21
[09:46] {Threei}  new wave if weakness in the market
[09:47] {jfjf64} bac  wants  to  go   evev with fas not
[09:47] {Threei}  holding well
[09:47] {ese} ya got yer market up...ya got yer market dn...ya got yer market up....ya got yer market dn...shsheesh
[09:48] {jfjf64} comon buyers!!!!!
[09:48] {dino} bwld, bwy, pnra, gme, wynn
[09:48] {Threei}  let me send a bus to bring them in, jf
[09:48] {jfjf64} pls
[09:49] {jfjf64} coctails  for all
[09:50] {ese} SCHW.....consolidation
[09:51] {ese} bstop .96
[09:51] {Threei}  SEED
[09:51] {Threei}  Origen Agritech Ltd. Reports Q2 R$25.8M +58% y/
06[09:52] * Threei opens the bus door to let buyers out
[09:52] {dino} bwld sm l .05
[09:52] {dino} wider today
[09:52] {jfjf64} vad  females   drinks   for  all  members  on  bus
[09:52] {ese} stop triggered L schw .95
[09:53] {ese} bstop
[09:53] {jfjf64} holdin  real  nice
[09:53] {ese} stop .83
06[09:54] * Threei kicks last buyers out of the bus - go and do your thing, don't just sit around
[09:54] {dino} make sure that bus stops for me
[09:55] {jfjf64} put  sm  high  test  in   lets  go
[09:55] {vinod} good trading to all--just checjing in
[09:55] {vinod} I am in training fir resr of the day
[09:56] {Threei}  good luck vinod
[09:56] {vinod} will join you guys on tuesday
[09:56] {nemo} stop
[09:56] {vinod} and have a nice weekend
[09:56] {Threei}  you too
[09:57] {jfjf64} stop
[09:59] {dino} wynn sm l .80
[10:00] {ese} schw stop to break even .95
[10:00] {dino} ntes
[10:02] {Threei}  how about that SEED?
[10:04] {dino} wynn stopped -.33
[10:04] {ese} ese kicks market in rear with brand new canvas deck shoes
[10:04] {ese} ahhh good
[10:04] {Threei} Long Setup:  GERN  7 break
[10:06] {Threei}  FEED Hearing takeover chatter circulating
[10:06] {ese} out schw .15 +.20  lot and 1/2
[10:06] {ese} nice 1:1
[10:06] {jfjf64} nice ese
[10:06] {dino} intc l .10
[10:06] {ese} that worked just like you designed it vad
[10:07] {ese} tks
[10:07] {jfjf64} in .02
[10:07] {ese} cos??   look at arun now
[10:08] {cosmo} stop 6.44
[10:09] {ese} are you in
[10:09] {cosmo} oops ....wrong stock
[10:09] {cosmo} ....nope
[10:10] {cosmo} I have an ATAX stop at 4.44
[10:11] {cosmo} ... a healer...
[10:11] {cosmo} i think
[10:13] {ese} bstop fitb .02
[10:13] {magoo} vad, we in anything else besides GERN..pre occ here
[10:13] {jfjf64} comon  vad   push   gern   lol
[10:14] {Threei}  no magoo
[10:15] {magoo} ty
[10:17] {magoo} mkts rippin here
[10:17] {Threei}  Citigroup Inc Hearing Morgan Stanley raising price targets on certain US banks; cites expectation for nonperfoming loans to slow; sees mosts US banks repaying TARP by Q4 2009 (timing uncertain)
[10:17] {Threei}  - Hearing Citi price target raised to $6 from $4
[10:17] {Threei}  - BAC price target raised o $32 from $25
[10:17] {Threei}  - JPM price target raised to $60 from $45
[10:17] {Threei}  - WFC price target raised to $44 from $33
[10:17] {Threei}  - MS sees most banks repaying TARP by Q409
[10:17] {Threei}  half out GERN
[10:17] {Threei}  scalpers take prfit
[10:17] {jfjf64} ty
[10:18] {jfjf64} wfc
[10:18] {jfjf64} in.77
[10:19] {dino} f'ing magoo, hits two trades for over dollars. that's my job
[10:19] {Threei}  wow GM
[10:20] {nemo} gern clear to .30
[10:20] {ese} l fitb .02
[10:20] {Threei}  nice of GERN t take that offer
[10:21] {ese} fitb stop .00
[10:21] {jfjf64} half  out  wfc  .87
[10:22] {Threei}  plan for GERN:
[10:22] {Threei}  stop under b/e,
[10:22] {Threei}  1/4 more offered between .25 and .30,
[10:22] {Threei}  last portion, we will see
[10:22] {Threei}  either dump above .40 or just let it trade
[10:23] {dino} bwld to .85
[10:23] {ese} fitb quote trading system shut dn
[10:23] {Threei}  7.06 ese
[10:24] {dino} out bwld .87, +.86
[10:24] {dino} opps, +.81
[10:24] {magoo} wasnt gern the 1 u called 8?
[10:24] {Threei}  no
[10:24] {dino} actually +.82 wow i can't subtract today
[10:24] {nemo} .ask Magoo to do it for you
[10:25] {Threei}  good job dino, regardless of your math skills
[10:25] {dino} roflol
[10:25] {dino} either spelling or math
[10:26] {magoo} financials are weak..ciuldnt go even on that futes move
[10:26] {dino} nice schw btw to whoever called it
[10:26] {ese} stopped fitb .00...*&^&^^&$% what a load of SH&^%&^%TTTTT!
[10:27] {ese} pert timing perfect for my system to crap out
[10:27] {dino} tweak it, you can do it
[10:31] {Threei}  DRYS Hearing chatter company could be taken private by management
[10:33] {ese} what happens to the stock in a case like's all bought out
[10:34] {Threei}  depends on the price
[10:34] {Threei}  view it as your usual buyout
[10:35] {Threei}  common doesn't trade anymore
[10:35] {Threei}  current holders sell at the pricve of takeover'
[10:38] {ese} hmmmmm drys is worth approx 9.00 per share........
[10:38] {nemo} based on what ese?
[10:38] {ese} financials......took a look at it a couple of months back
[10:39] {ese} at least by my estimates
[10:41] {dino} bwy l .25 thin
[10:43] {dino} drys just issued stock in late fall and couple weeks ago, 10's of millions
[10:43] {Threei}  OXGN
[10:43] {Threei}  interesting chewing through huge offers
[10:44] {ese} ya i saw that that time i thought it was worth about 11 per diluted to 9 
[10:44] {dino} today 6.95
[10:45] {ese} ya i've got a swing trade on avg price .08
[10:46] {dino} sm l gme .00
[10:53] {dino} gme won't move stop to .89
[11:05] {magoo} hello?
[11:08] {Threei}  Fed finalizes Bank holding firm rule to classify Treasury preferred stock from TARP as Tier 1 capital
[11:08] {Threei}  - confirms original decision from Oct
[11:12] {dino} hod's
[11:12] {dino} ceph more pain on the secondary
[11:17] {dino} gme stopperd -.11 dogggggggggggg
[11:18] {dino} bwy half out .37, +.12
[11:19] {dino} intc stop to .21
[11:21] {dino} out intc .22, +.12
[11:22] {dino} bwy remaining stop to .36
[11:25] {Threei}  precious metals fell of a cliff?
[11:26] {Threei}  GM Confirms deal reached with CAW on new concessions
[11:26] {Threei}  15 min ago
[11:26] {nemo} Hey Maaagggssss!!!
[11:26] {Threei}  not very fresh
[11:26] {Threei}  no reaction really
[11:27] {chinggis} Vad any read on ARUN, it is holding good
[11:29] {dino} a run is good for you
[11:29] {Threei}  I have hard time imagining it moving higher
[11:29] {nemo} don't quit your day job dino
[11:29] {dino} lol
[11:29] {Threei}  it got a few upgrades this morning,
[11:29] {dino} this is it
[11:29] {Threei}  all with ragets 6.50 - 7
[11:29] {dino} bwy stop to .44
[11:30] {chinggis} ok ty
[11:30] {ese} daaaaaa...nemo ..was trying to find my notes for drys...I know that ifigured it out with a P/E of about 7 when it was in the high 5's....anyway that 475 mil share offering is likly to be around 10 conservative toeven at a discount 9 looked OK to me
[11:30] {Threei}  imagine it trying to move higher - how many of those who read upgrades will think "wow, I got their target in one day, I better get out" :)
[11:32] {dino} ouch slippage, bwy  at .37, +.12
[11:33] {Threei}  what's with NVAX?
[11:34] {Threei}  if there is some news in the sector, BCRX hasn't moved yet
[11:34] {Threei}  started moving now
[11:35] {dino} ntes hod
[11:35] {dino} brb
[11:41] {Threei} Long Setup:  IMAX  .76 break
[11:41] {Threei}  if stays above .65
[11:43] {ese} i love the imax
[11:43] {nemo} they are cool
[11:43] {ese} have seasons passes for myself and my kids
[11:45] {dino} tecd
[11:47] {Threei}  GM Bondholder group spokesperson: committee response to latest GM offers is a "universal no"
[11:47] {Threei}  are they crazy?
[11:48] {Threei}  next thing they know, president names them publickly
[11:48] {Threei}  and labels them as non-patriotic
[11:48] {Threei}  and tar and feathers ensue
[11:48] {nemo} or anti-communist
[11:49] {nemo} Comrades, you are the re-education camps
[11:49] {dino} somebody has to stand up for the law
[11:50] {ese} what law dino
[11:50] {nemo} question mark ese
[11:51] {ese} ?
[11:51] {Threei}  nemo is english teacher in past life
[11:51] {nemo} no..just obnoxious in this one
[11:51] {ese} man i'm like eh muscian eh....
[11:52] {Threei}  nemo... I have bad news for you
[11:52] {nemo} like an egyptian
[11:52] {nemo} fine
[11:52] {ese} would seem to mean the bond holders are in no positon to
[11:52] {Threei}  I realize you enjoyt being obnoxious... but you can't, not in the room
06[11:52] * nemo crawls into cave
06[11:52] * nemo closes door
[11:52] {Threei}  it's strictly my privilege to be obnoxious here
[11:52] {dino} they are primary secured, there is a law here
06[11:52] * nemo pulls blanket over head
[11:53] {ese} true
[11:53] {Threei}  I sometimes can tolerate competition for the title of captain obvious
06[11:53] * nemo covers ears
[11:53] {Threei}  but obnoxious? no way
[11:53] {ese} wouldn't the question be...secured against what?......taxpayer money now isn't it?
[11:54] {ese} basically your money dino....don't know the situation i wrong?
[11:54] {nemo} yes ese...but they must be pissed considering all the bondholders in the "too big to fail banks" have been protected
[11:54] {ese} hmmmmmk
[11:55] {dino} ity will end up in supreme court, they are secured, they should get parts of company, they are in front of govt and unions by law, years from now in court because govt will screw them
[11:55] {dino} obama reminds me of chavez, taking what he wants for govt
[11:56] {ese} ah ok.....didn't know that.....they have priority over gov't
[11:56] {dino} basic contract law here
[11:56] {Threei}  but dino... he read Chavez's book
[11:56] {nemo} it's not government ese
[11:56] {nemo} yeah, as Dino says
[11:56] {nemo} bondholders are first in line for corporate assets
[11:57] {dino} common, then preferred, then bondholders, they are the roots of the tree
[11:57] {dino} common and preferred no securitization
[11:59] {dino} but enough. obama will do what he wants courts will fine the govt 5 years from now, after the bondholders get screwed and possile wiped out. remember, many muni's invested in these gm bonds, as well as pension funds
[12:00] {ese} ya...i understand the tree roots for sure....i just thought that some special circmstances had applied here
[12:00] {dino} ceph lod
[12:01] {dino} no, it is the law of usa for hundreds of years
[12:02] {dino} think of a house mortgage, secured by house. govt can't just give your house to someone w/o paying off the bank
[12:02] {nemo} government wants to give GM to UAW without paying the bondholders
[12:02] {dino} wynn app. lod
[12:03] {dino} right nemo, thats the problem, the bondholders own certain parts 
[12:03] {nemo} but the unions elected Obama
[12:03] {dino} talk about buying votes for an election, i will give the auto industry to you unions if you vote me in, lol
[12:12] {nemo} knew it...Magoo it and IMAX pops
[12:13] {nemo} Well time for the FADC
[12:13] {dino} feels like everybody went home
[12:13] {Threei}  1:1 IMAX
[12:13] {Threei}  nice and easy
[12:14] {dino} gj
[12:14] {Threei}  just as I like it and as I almost forgot how to do over this week, lol
[12:14] {ese} nice one vad
[12:14] {Threei}  ese, have a look at 1 min
[12:14] {Threei}  exsctly what you like - textbook
[12:14] {Threei}  JBE at its cleanest
[12:14] {ese} thays right out of your book
[12:15] {Threei}  yeah
[12:15] {nemo} being Friday before holiday, would discretion be the better part of valor
[12:16] {dino} yes
[12:21] {dino} fwiw watching ceph, tecd, wynn, pnra, bwld
[12:22] {chinggis} are you out IMAX Vad/
[12:25] {Threei}  almost
[12:25] {Threei}  1/3 is still here
[12:25] {nemo} got your bottom in ceph dino?
[12:26] {dino} think so .oo trig
[12:26] {Threei}  what kind of company hass symbol STD
[12:27] {dino} or .80
[12:27] {dino} yuk
[12:27] {Threei}  [STD] Banco Santander Central Hispan
[12:28] {dino} dk now nemo
[12:28] {nemo} see where this bottoms out
[12:28] {dino} .85ish
[12:29] {dino} hibb spike
[12:29] {dino} too fast
[12:30] {nemo} looks like ceph holding
[12:30] {dino} .oo sm l ceph, lod stop
[12:33] {Threei}  who is holding any of IMAX still, stop to under .80
[12:40] {dino} wynn sm l .50
[12:51] {dino} wow nemo, i have destroyed ceph's move
[12:51] {nemo} I helped
[12:51] {nemo} Vad kick ceph
[12:52] {dino} indeed vad
[12:52] {nemo} Vaaaaaaaaddddd
[12:53] {nemo} so, we out before .20 or go for the break?
[12:55] {dino} .40 ideally
[12:55] {nemo} yes, thet resistance we're hitting has me concerned
[12:55] {dino} i don't take sm size unless i think i can get at least .40
[12:55] {Threei}  gosh
[12:55] {Threei}  I am busy kicking
[12:55] {Threei}  why do tyou distract me
[12:55] {nemo} thanks vad, didn't see it
[12:55] {dino} kick harder or your fired
[12:56] {Threei}  what do you mean didn't see? it moves!
[12:56] {nemo} I didn't see the kick
[12:56] {nemo} you kicking it with your toe, or mule kicking
[12:56] {nemo} ?
[12:56] {Threei}  you be happy with the result
[12:57] {nemo} just asking
[12:57] {Threei}  let me worry about kicking technique
[12:58] {dino} ceph is stuck in puddle of mud
[12:59] {nemo} that resistance plus the market isn't helping now
[12:59] {dino} wynn to .85
[12:59] {dino} ceph to b/e
[12:59] {nemo} stop to b/e on ceph dino?
[13:00] {dino} to .90
[13:00] {dino} out wynn .90, +.40
[13:01] {dino} ceph to .05
[13:02] {dino} sorry nemo, yes then now .05, houses' $ 
[13:03] {nemo} market not moving it
[13:06] {dino} well, w/ .05 on stop let it trade
[13:07] {dino} gets to .25 tighten to .19 imo
[13:07] {nemo} if it breaks .20 should be good
[13:07] {nemo} heh
[13:07] {dino} speak of the devil and he appears
[13:07] {nemo} Please allow me to introduce myself
[13:08] {dino} by all means
[13:08] {nemo} I'm a man of wealth and taste
[13:08] {dino} ok at .20
[13:09] {nemo} I was thinking that...I know vad...don't think
[13:09] {nemo} out
[13:09] {dino} out .20, +.20
[13:09] {nemo} ty
[13:12] {nemo} Friday afternoon before holiday scalping mode Dino?
[13:12] {dino} yes pretty much, moves get too random
[13:13] {dino} have to leave around 2:00, so not greedy 
[13:17] {nemo} tck very strong today
[13:22] {nemo} dino ceph
[13:23] {dino} ?
[13:23] {nemo} looked or looks like it's building a wedge
[13:24] {nemo} although volume is erratic so far
[13:29] {ese} otta here....have a great long weekend....
[13:29] {nemo} by ese
[13:29] {nemo} bye
[13:29] {patience} bye ese, have a good weekend
[13:29] {ese} see ya nemo
[13:29] {ese} you too patience
[13:29] {Threei}  take care ese
[13:30] {dino} cya es
[13:31] {dino} vnda
[13:31] {dino} nah
[13:31] {dino} pullback
[13:33] {dptl} have a good weekend all
[13:33] {nemo} dp
[13:33] {fernp} u too dp
[13:33] {Threei}  take care dp
[13:33] {Threei}  hey
[13:34] {Threei}  nest Friday I get to leave earlier
[13:34] {Threei}  next
[13:35] {dino} shld wow
[13:36] {dino} cya dp
[13:36] {nemo} perfect dbi on 5 minute
[13:37] {Threei}  lol, SHLD is down 5 points from its top and it's still up 7 from yesterday
[13:39] {dino} tecd lod
[13:40] {dino} low going to hold on tecd nemo?
[13:41] {dino} .00 trig, imo
[13:41] {nemo} TSTT
[13:41] {nemo} for me anyway
[13:41] {dino} or 29.50 if it gets there
[13:42] {dino} tstt?
[13:42] {nemo} Too Soon To Tell
[13:43] {dino} ok
[13:43] {dino} .00 sm l
[13:43] {nemo} of course, it could have just made a liar out of me
[13:51] {dino} trouble with tribbles, opps .18 i mean
[13:52] {nemo} saw the movie this week...really good
[13:52] {dino} i need to
[13:54] {Threei}  OGXI... mama
[13:57] {Threei}  SEED non-stop
[14:01] {Threei}  this is delightful:
[14:01] {Threei}  Fed's Bernanke: Economy will recover; no comment on policy
[14:01] {dino} ddrx
[14:02] {Threei}  [10:43] {Threei} OXGN
[14:02] {Threei}  [10:43] {Threei} interesting chewing through huge offers
[14:02] {Threei}  look azt it now...
[14:03] {laserdave} test
[14:04] {Threei}  anyone takes a shot at this?
[14:04] {nemo} dave
[14:04] {Threei}  jeez... gotta do everything myself...
06[14:04] * Threei slaps laserdave around a bit with a large trout
[14:05] {dino} slapperoni by dino to laser
[14:06] {laserdave} how about u guys slap me with some love
[14:06] {laserdave} :)
[14:06] {Threei}  hmmm
[14:06] {nemo} what? here?
[14:06] {dino} not happening
[14:06] {Threei}  the very request looks so out of place
06[14:06] * nemo slaps laserdave around a bit with a large prescription drugs for psychoses
06[14:06] * Threei slaps laserdave around a bit with a large list of reason Dave is not getting any love here
[14:07] {dino} tecd stop to .15
[14:07] {laserdave} haha
[14:07] {dino} we are not a rah rah room
[14:07] {dino} tough luv here
[14:08] {dino} to .22
[14:08] {patience} big hug for dave for showing up on a friday afternoon   :)
[14:08] {Threei}  argh
[14:09] {patience} was that too tough vad?
[14:09] {Threei}  my world is crashing all over me
[14:09] {dino} out .23, +.23 tecd
[14:09] {magoo} best pirate imitation vad?? lol
[14:09] {laserdave} ah thanks Parience
[14:09] {laserdave} Patience
[14:09] {patience} :)
06[14:09] * magoo slaps laserdave around a bit with a large trout
[14:09] {laserdave} u see was that so hard?
[14:09] {Threei}  practically impossible dave
[14:10] {Threei}  girls in the room... sigh
[14:10] {laserdave} :)
[14:10] {laserdave} nanananananana
[14:12] {dino} dadaadadadadada
06[14:12] * magoo slaps laserdave around a bit with a large trout
[14:14] {dino} well vad, a new streak begins today
[14:15] {Threei}  hopefully mine too
[14:16] {dino} hated to see the last one end
[14:17] {Threei}  what did I feel then... first 3 days losing streak in I don't know how long
[14:17] {Threei}  a year?
[14:18] {dino} yeah and 22 days up was tough to let go
[14:19] {Threei}  I can imagine... but then againb, you new it had to end :)
[14:19] {Threei}  knew
[14:19] {dino} kid rock on
[14:19] {dino} done for the day guys, over target, have to mow the lawn
[14:19] {dino} have a good memorial and weekend
[14:19] {Threei}  take care, have a great weekend
[14:19] {magoo} im drinking already
[14:19] {nemo} cya dino
[14:19] {magoo} gonna call it a day
[14:20] {dino} :)
[14:20] {magoo} everryone have good weekend
[14:20] {nemo} u 2 magoo
[14:20] {magoo} drive fAST, TAKE CHANCES AND PASS ON THE RIGHT
[14:20] {dino} one for the ditch, lol
[14:22] {patience} have a safe long weekend magoo  :)
[14:22] {Threei}  hmm
[14:22] {Threei}  take care mags
[14:22] {Threei}  I for one find your advice lacking though
[14:22] {Threei}  no drinking and driving?
[14:23] {Threei}  no talking on the cellphone and texting messages while driving drunk?
[14:27] {magoo} HE HE.TY PATIENCE U TOO
[14:39] {Threei}  SEED and FEED new highs
[14:40] {Threei}  gold and silver are down
[14:40] {Threei}  confirms my take: gold can't be eaten during crisis
[14:42] {jfjf64} wfc 24.70 break vad   ??
[14:42] {Threei}  I am torn here a bit jf...
[14:43] {Threei}  I have hard time imagning it moving at the end of the day on Fri before the long weekend, in the situation we have all around,
[14:43] {jfjf64} hope nothin i  said
[14:43] {Threei}  but I couldn't imagine it staging a move like it did yesterday eod either
[14:43] {Threei}  and a stunning move it was
[14:44] {jfjf64} i  agree    fas   looks  lk  it  ready  to  go
[14:44] {jfjf64} tempting
[14:44] {Threei}  after all,
[14:44] {Threei}  what's your stop?
[14:44] {Threei}  under .60?
[14:44] {Threei}  comfortable with it? then why not?
[14:44] {jfjf64} correct  
[14:45] {Threei}  or see if you can pick it up on pullback, closer to supports
[14:45] {Threei}  watch FAS,
[14:45] {Threei}  try to ca6tch the moment when FAS resumes upward
[14:45] {Threei}  and grab WFC
[14:45] {jfjf64} k
[14:49] {jfjf64} .55 looks  ok
[14:50] {Threei}  by itself - yes, but you want FAS help
[14:50] {jfjf64} y
[14:54] {jfjf64} .57
[14:55] {jfjf64} in
[14:56] {jfjf64} fas comon
[14:57] {Threei}  {FAS} I am trying!! Don't comeon me!
[14:59] {jfjf64} half out .62
[15:00] {jfjf64} .59 out  remainder
[15:04] {Threei}  OGXI
[15:04] {Threei}  I am crying
[15:05] {jfjf64} i was  gone all afternoon   were  ya  in  this  earliear
[15:05] {Threei}  no
[15:05] {Threei}  look at its daily
[15:05] {Threei}  and at its spread
[15:06] {jfjf64} dailys  crazy  
[15:07] {jfjf64} big  spread
[15:08] {Threei}  looking at GERN's daily...
[15:08] {Threei}  if it finishes here, bodes well for a new leg up, with any martket help
[15:09] {Threei}  hey Prez on TV, in case you wondered
[15:11] {jfjf64} wfc  same  move  all day  off bol line
[15:12] {jfjf64} do  you  use  bolinger lines at all
[15:12] {Threei}  yes
[15:12] {Threei}  didn't you watch scalping course videos?
[15:12] {jfjf64} markett runnin
06[15:12] * Threei slaps jfjf64 around a bit with a large scalping course
[15:13] {jfjf64} lol
[15:13] {Threei}  JNPR
[15:13] {jfjf64} this  gern  gonna  go
[15:13] {Threei}  C&H
[15:13] {Threei}  .50 break
[15:14] {jfjf64} stop at
[15:14] {Threei}  if market continues to new highs, should be scalp-worhy
[15:14] {Threei}  under .40, handle's bottom
[15:17] {Threei}  invalidated
[15:18] {Threei}  market found some crack in the floor and fell into it
[15:20] {jfjf64} that  bg  sell off  bac   holdin
[15:26] {Threei}  Earthquake reported near Mexico City, MX; no indications of size as of yet (related TAYD USD/MXN )
[15:34] {Threei}  NASDAQ says within 10 points from 10 ama
[15:34] {Threei}  stays
[15:34] {Threei}  it's a miracle we found any plays at all
[15:40] {jfjf64} im  sick   went  away for  couple  min   look  at  bac
[15:41] {Threei}  no news
[15:41] {jfjf64} strength  and   pow
[15:41] {Threei}  just probably some repositioning
[15:47] {Threei}  okay guys, let's call it a week
[15:47] {Threei}  admittedly tough one
[15:47] {nemo} cya take care drink heavy
[15:47] {Threei}  let's have a great relaxing long weekend
[15:47] {Threei}  see you on Tuesday
[15:47] {jfjf64} enjoy  all
[15:53] {fernp} have a good weekend everybody. see u on Tuesday
[15:54] {patience} enjoy  :)