Wednesday, June 17, 2009

Jun 17 2009

Nicely profitable day, mostly thanks to MTXX and SVNT. Trading is disconnected, every trade is like stand-alone tree, no forest in sight.

Session Time: Wed Jun 17 00:00:00 2009

[08:10] {Threei} Good morning
[08:11] {Threei} poor STSI
[08:11] {Threei} Star Scientific, Inc. Confirms that jury verdict was announced in patent infringement lawsuit in favor of RJ Reynolds
[08:11] {Threei} - The jury found that the two Star patents at issue in the case were not valid, and were not infringed.
[08:11] {Threei} - The company will file a motion with the US District Court for Judgment as a Matter of Law or a New Trial within the next ten days.
[08:11] {Threei} - If that motion is not granted, the company's appellate counsel then will file a notice of our intent to appeal the verdict with the United States Court of Appeals for the Federal Circuit as soon as practically possible.
[08:11] {nemo} Oh well
[08:11] {Threei} Preview: May Consumer Price Index, CPI ex Food & Energy and CPI NSA due at 8:30 am ET
[08:11] {Threei} Consensus expectations
[08:11] {Threei} - Consumer Price Index m/m: 0.3%e vs 0.0% last.
[08:11] {Threei} - CPI ex Food & Energy m/m: 0.1%e vs 0.3% last.
[08:12] {nemo} ex food and energy...always love that
[08:13] {Threei} (US) White House Advisor Goolsbee: Fed will be a "day-to-day" supervisor of financial institutions - CNBC (related EUR/USD XLF )
[08:14] {nemo} makes me feel safer
[08:29] {nemo} mtxx dropping fast
[08:30] {Threei} MAY CONSUMER PRICE INDEX M/M: 0.1% V 0.3%E;
[08:31] {Threei} 08:30 AM [CYTR] Tamibarotene Demonstrates Statistically Significant Anti-Tumor Activity in Animal Trial for Multiple Myeloma
[08:33] {_levelseven} animal trial? lol
[08:34] {Threei} CPI EX FOOD&ENERGY M/M: 0.1% V 0.1%E
[08:34] {Threei} yeah... another lucky mouse
[08:35] {Threei} 1.30 buyer can't understand what hit him
[08:36] {Threei} UAUA Guides Q2 capacity -9% y/y, traffic -9.5-10% y/y, PRASM -17.9%-18.9% y/y
[08:36] {Threei} - At end of Q2 see unrestricted cash balance at $2.5B
[08:36] {_levelseven} the good news is, in 5 yrs they may actually start Phase I clinicals on a human
[08:37] {Threei} SVNT... I'd expect more enthusiasm
[08:38] {Threei} and MTXX just can't pick itself up from the floor
[08:40] {jfjf64} time to mk the donuts
[08:43] {Threei} mk? I prfr to et
[08:43] {jfjf64} me too
[08:45] {Threei} Reminder: Fed Chairman Bernanke scheduled to speak at a financial literacy summit in D.C. at 9amET
[08:45] {Threei} - an advanced text is expected; he will not take Q&A.
[08:45] {jfjf64} pres at 12 45
[08:46] {Threei} on financial regularion overhaul?
[08:46] {jfjf64} y
[08:47] {jfjf64} could be good for us i hope
[08:47] {nemo} no fffffn way
[08:48] {jfjf64} big time frame no 1 min chart hope lol
[08:57] {cosmo} alvr
[08:59] {fernp} good morning everybody
[08:59] {Threei} cosmo, fern :)
[09:01] {_levelseven} stsi big pop
[09:02] {Threei} no new news
[09:04] {_levelseven} hit mid 80's earlier i think
[09:05] {ese} morning
[09:05] {Threei} ese :)
[09:05] {cosmo} alvr tests 4 soon ... i think
[09:07] {_levelseven} alvr have news?
[09:08] {cosmo} Alvarion wins $100 mln contract, shares surgeat Reuters(Wed 3:20am)
[09:08] {cosmo} pre mkt
[09:15] {magoo} morning
[09:15] {Threei} magoo :)
[09:15] {magoo} what we stalking vad?
[09:16] {Threei} MTXX, SVNT
[09:16] {magoo} ok
[09:18] {_levelseven} how lo did m this morn
[09:19] {_levelseven} mtxx
[09:19] {Threei} almost 5.20
[09:21] {dino} gm all
[09:21] {Threei} dino :)
[09:21] {patience} good morning guys....vad, where is the sun today?
[09:22] {Threei} patience :)
[09:22] {Threei} hmmm... I assumed in its usual position... no?
[09:23] {Threei} hmmm
[09:24] {Threei} I may have to leave you guys for a few years, for serious humanitarian reason
[09:24] {Threei} Hello,
[09:24] {Threei} I am only sixteen years old girl orginally from Zimbabuwe, I am looking for a guardian to assist in my present and future life and i will live with you. I have inherited funds that i would want to be claim on my behalf by anyone that will accept to be my guardian and take care of my education and everything from now, after he or she must have received the money.
[09:25] {Threei} I mean... someone should help poor kid, right?
[09:25] {nemo}
[09:25] {nemo} How do you define "help?"
[09:25] {Threei} "guardian to assist in my present and future life "
[09:25] {cosmo} how much money?
[09:25] {Threei} "take care of my education"
[09:25] {nemo} not how SHE defined it
[09:26] {ese} i think your performing a humanitarin service by trying to make us "POOR" sods better trader
[09:26] {Threei} also,
[09:26] {Threei} Right now my life is in serious danger and i want you to be my guardian and make the claim for me
[09:26] {ese} traders...plural
[09:26] {cosmo} problem....sheesh
[09:27] {nemo} fcx dropping like a pun of course
[09:29] {Threei} good
[09:29] {Threei} it's canadian dollar ETF, right?
[09:29] {nemo} FCX...mining stock
[09:29] {nemo} Freeport McMoran
[09:29] {Threei} oh... confused wit something then
[09:30] {nemo} FXC is canadian $ etf
[09:30] {Threei} lol
[09:30] {nemo} FXA australian
[09:30] {Threei} close enough
[09:30] {nemo} FXE euro
[09:30] {nemo} you get the drift
[09:32] {magoo} RIMM Vad
[09:32] {magoo} look
[09:32] {Threei} eeck
[09:32] {Threei} Long Setup: MTXX .80 break
[09:32] {Threei} stop under .70
[09:33] {dino} qcvom l sm .20
[09:33] {dino} qcom
[09:33] {ese} l agen 27
[09:33] {dptl} good morning all
[09:34] {Threei} dp :)
[09:34] {_levelseven} alvr, nice call whoever made it
[09:34] {ese} out agen .33
[09:34] {Threei} cosmo did
[09:34] {ese} + .06
[09:35] {ese} bad fill...tried for .25
[09:35] {Threei} half out MTXX who got it
[09:36] {ese} was in agen
[09:36] {Threei} 1/4 more out
[09:36] {Threei} out in full
[09:36] {ese} god one vad
[09:36] {Threei} a bit too early
[09:37] {ese} good
[09:37] {magoo} out 6.22 TY vad
[09:37] {magoo} fast
[09:37] {Threei} mags :)
[09:37] {Threei} as you like it
[09:37] {_levelseven} wow alvr insane
[09:37] {magoo} yea..took .79 no time to post
[09:37] {cosmo} :)
[09:37] {ese} .50 pts is a pretty good move
[09:37] {Threei} that's some spike ALVR
[09:38] {Threei} I retire, cosmo takes over
[09:38] {cosmo} beach day...
[09:38] {ese} what happened to that stock yesterday that made it loose $12.00
[09:39] {ese} mtxx that is
[09:39] {Threei} we just played it lol
[09:39] {Threei} [09:32] {Threei} Long Setup: MTXX .80 break
[09:39] {magoo} again?? lol
06[09:40] * Threei passes to ese hypodermic needle with dose of mean black coffee
[09:40] {Threei} lol mags
[09:40] {ese} ese starts twitching
[09:41] {Threei} SVNT hard selloff
[09:42] {Threei} Long Setup: SVNT .90 break
[09:42] {Threei} if holding above .80
[09:44] {magoo} vad..u readin RIMM..
[09:44] {Threei} Long Setup: MTXX .40 half lot if stays above .20
[09:44] {dino} rimm to 75 strike area imo
[09:44] {Threei} no mags
[09:44] {_levelseven} 40?
[09:44] {magoo} if mkts bounce im following it
[09:45] {Threei} SVNT invalidated
[09:46] {patience} looking for bounce in POT, it dropped out of bed this morning
[09:46] {Threei} FDIC's Bair: Financial sector has been stabilized 'for now' (related XLF )
[09:46] {dino} pot
[09:46] {nemo} all commodity mineral stocks have been tanking
[09:47] {dino} opps sorry patience
[09:47] {patience} i'm not long in it dino
[09:47] {patience} waiting to pick it up again
[09:47] {patience} will scalp
[09:47] {jfjf64} svnt
[09:47] {dino} watching here too
[09:48] {dino} heck of a gap 107
[09:48] {patience} :)
[09:48] {Threei} SVNT, pullback into .80 worth a try
[09:48] {dino} titn gap fill
[09:51] {ese} drys geting stupid....somebody want people out
[09:51] {Threei} wow
[09:51] {Threei} people want out themselves, lol
[09:52] {ese} support is 6
[09:52] {Threei} ENOC Sees Q3 Rev of at least $83M v $39Me- - headline only (unclear if headline is in error)
[09:52] {Threei} - Reminder: On May 6-- Guides Q2 -$0.15 to -$0.22 v -$0.35e, R $38M-$40M v $37.6Me
[09:52] {Threei} lol.. good thing it didn't guide lower
[09:54] {Threei} no go MTXX
[09:55] {jfjf64} wpi
[09:55] {Threei} PALM fell off a cliff
[09:56] {nemo} RIMM PALM POT FCX...etc
[09:56] {nemo} the indices aren't down that much, so where's the money going?
[09:57] {nemo} ahhhh...defensive health stocks some banks
[09:58] {dino} and w/obama against heathcare stocks, it doesn't make sense
[09:58] {dino} pru 35 strile
[09:58] {dino} strike
[09:59] {nemo} yeah, but he's for stem cell/genetic, and of course the staples like JNJ won't get hurt
[09:59] {Threei} well... he is pro-al energy and they don't really perform
[09:59] {nemo} oil down
[09:59] {Threei} that's normal reaction for them
[09:59] {nemo} look at the heat map on the front of FINVIZ.COM
[09:59] {Threei} meaning, his priorities do not get accounted for by te markety
[10:00] {_levelseven} svnt dip
[10:00] {Threei} 12break SVNT if holding above .90
[10:00] {Threei} (US) API: Have seen US fuel demand in May falll to lowest levesl in 10 years
[10:00] {Threei} there you go
[10:01] {dino} some really brutal selloffs
[10:01] {magoo} in svnt
[10:02] {vinod} GM to all
[10:02] {Threei} vinod :)
[10:04] {ese} to be honest....i haven't understood market behaviour the last few days....seems like huge selling going on but not really.......feels up but not really doing it....hmmmmmmm confused
[10:05] {magoo} ive been congfused for years
[10:05] {Threei} my feeling too ese
[10:05] {Threei} that's why I continue thinking (as much as I do thinking thingy anyway) that this retreat is a trap for shorts
[10:05] {Threei} and ditto mags
[10:05] {ese} makes it tough when you make a trade....something always lurking in the back of your mind
[10:06] {ese} i'm thinking your right there vad
[10:06] {Threei} SVNT, no pressure
[10:07] {Threei} probably out of gas
[10:07] {Threei} I am scratching half
[10:07] {ese} vad that would explain the tanking of drys....because the news has been realitively good
[10:09] {dino} the week before and the week of options expiration typically have 5% down moves
[10:09] {nemo} should we trail stop on svnt?
[10:09] {Threei} nowhere to trail yet
[10:09] {Threei} low of the range is still .90
[10:10] {Threei} it hasn't established any new supports
[10:10] {Threei} I just dumped half breakeven
[10:10] {nemo} just going on you're "out of gas" comment
[10:10] {ese} this is options week isn't dino.....forgot about that
[10:10] {Threei} [10:07] {Threei} I am scratching half
[10:11] {Threei} Long Setup: ALVR .15 break
[10:11] {Threei} if stays above 4.10
[10:11] {Threei} 1:1 SVNT
[10:12] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 10:30amET
[10:12] {Threei} **consensus expectations:
[10:12] {Threei} Crude: -1.8Me
[10:12] {Threei} Gasoline: +750Ke
[10:12] {Threei} Distillate: +1Me
[10:13] {Threei} BBT Redeems TARP (21.68, -0.55, -2.47%)
[10:13] {magoo} out .21 TY vad
[10:13] {magoo} svnt
[10:13] {Threei} out
[10:13] {Threei} .23
[10:14] {magoo} grrrrr lol
[10:14] {Threei} lol
[10:14] {Threei} we both missed that spiked into .30 thoughj
[10:15] {Threei} DSCO Ticks higher on some positive chatter regarding surfaxin (1.17, 0.09, 8.33%)
[10:16] {Threei} Note: DSCO was to meet with the FDA on June 2 to discuss the complete response letter
[10:18] {Threei} US Senate commitee reportedly approves energy legislation to expand drilling in Gulf of Mexico and initiate a new renewable energy mandate (related USO OIH FAN TAN )
[10:19] {dino} wow
[10:19] {nemo} svnt holding support @ 0.8
[10:19] {nemo} .08
[10:20] {dino} evep fast fall
[10:20] {Threei} hmm?
[10:20] {Threei} SVNT? .08?
[10:20] {nemo} sorry alvr
[10:20] {Threei} SVNT becomes a candidate for gravity denial if breaks .50
[10:20] {Threei} risky as hell
[10:21] {nemo} alvr thru support
[10:21] {dino} cern spike
[10:21] {dino} missed esi
[10:21] {magoo} was watching movie Hellboy last nite..luved it
06[10:22] * Threei slaps magoo around a bit with a large copy of Fallen
[10:22] {nemo} never saw it before? I haven't seen the 2n one
[10:22] {Threei} CYBE Halted: News pending (5.25, -0.32, -5.75%)
[10:22] {nemo} Did I ever tell you about the day I almost died?
[10:22] {nemo} quote
[10:25] {Threei} CYBE Chairman Steven K. Case killed
[10:26] {dino} plane crash
[10:26] {jfjf64} ouch
[10:30] {Threei} DOE CRUDE: -3.87M V -1.8ME
[10:30] {Threei} GASOLINE: +3.38M V +750KE; DISTILLATE: +308K V +1ME
[10:31] {Threei} Distillate demand -188K bpd to 3.38M bpd
[10:31] {Threei} - Gasoline demand +213K bpd to 9.35M bpd
[10:34] {Threei} MOS Hearing Potash names defended at Morgan Stanley (timing uncertain) (46.22, -4.99, -9.74%) (related POT AGU CF TNH TRA )
[10:39] {Threei} ALVR formed new setup, .10 break
[10:42] {dino} germany k& s group fertilizer demand weak in europe; realmoney,com
[10:43] {Threei} pesky scalpers can exit here
[10:44] {Threei} daytraders half out
[10:48] {magoo} which am i again?
[10:49] {Threei} you mags are embodiment of identity crisis
[10:49] {Threei} I don't know how dino hasn'tr burned out his retina yet by watching you dancing in tutu the market opening dance daily
[10:53] {dino} i close the door
[10:53] {Threei} ad he doesn't break it down?
[10:54] {dino} don't give him ideas
[10:54] {Threei} oops
[10:56] {magoo} magoo gets up..checks out door construction
[11:02] {Threei} NY Fed: Purchased $7B in $300B outright coupons purchase; Dealers submitted $26.2B for consideration (bid to cover
[11:02] {dino} scanners solid green
[11:03] {Threei} bid to cover 3.74)
[11:13] {wulff} ho hum
[11:15] {Threei} SVNT...
[11:16] {Threei} (IA) Iranian Govt reiterates has no intention to acquire nuclear weaopns, IAEA's El Baradei is 'absolutely wrong' (related USO )
[11:17] {jfjf64} svnt??
[11:19] {Threei} trying to gauge whether I am interested in .50 break
[11:20] {jfjf64} that what fig ty
[11:25] {jfjf64} ill wait for ya assesment
[11:26] {Threei} US President Obama: Planning to take 'decisive' action to fix damage to economy; regulatory reform proposals are to aim for 'careful balance' (related XLF )
[11:28] {jfjf64} fas doesnt lk that
[11:29] {Threei} MS Redeems TARP (27.40, -0.70, -2.49%)
[11:33] {ese} sorry to leave you all ....have to sign out early today....cya tomorow
[11:33] {Threei} take care ese
[11:39] {dino} cya es
[11:50] {Threei} ok
[11:50] {Threei} .50 break long
[11:50] {Threei} risky as hell
[11:50] {nemo} on what
[11:50] {nemo} svnt?
[11:50] {Threei} yes
[11:56] {Threei} half out into this spike
[11:56] {Threei} scalpers take profit
[11:57] {Threei} US Senate Panel has reportedly delayed vote on health care legislation (related PPH BBH )
[11:57] {jfjf64} out in full ty
[11:57] {Threei} :)
[12:02] {Threei} JPM Redeems TARP (32.68, -0.82, -2.45%)
[12:12] {Threei} F CEO: Gaining market share, cites viability of business in customer choice
[12:12] {Threei} - Comments that the company is cautiously optimistic that sales have reached bottom (5.62, -0.05, -0.88%) (related GMGMQ F.IT )
[12:21] {dino} pot: fwiw announced yesterday another reduction of 800,000 tons of patash production in '09
[12:30] {wulff} big c & h on aapl fwiw
[12:33] {jfjf64} svnt monster
[12:33] {Threei} 1/4 more out
[12:33] {Threei} stop to .55
[12:33] {jfjf64} ya still in
[12:35] {jfjf64} vads a monster yeah
[12:35] {Threei} lol
[12:35] {jfjf64} when i grow up wanna be lk ya
[12:37] {Threei} you just need to become lazier
[12:37] {wulff} and drink more
[12:39] {jfjf64} those 2 easy hv to learn to stay in trades longer
[12:43] {magoo} let winners win
[12:49] {Threei} MTXX Reportedly CNBC's Huckman to interview CFO at 2:30ET - blog (6.15, 0.37, 6.40%)
[12:54] {Threei} OK... I am more or less restored after trying wulff's advice
[12:55] {jfjf64} ??
[12:55] {Threei} [12:37] {Threei} you just need to become lazier
[12:55] {Threei} [12:37] {wulff} and drink more
[12:55] {jfjf64} gotcha
[12:57] {jfjf64} any site en of mista obma
[12:58] {Threei} he is on TV
[12:58] {jfjf64} ty
[12:58] {nemo} telling about how the new sheriff is gonna' clean up the Wal street Corral
[12:58] {nemo} Wall
[12:59] {jfjf64} had tv off will leave it off
[12:59] {nemo} I never watch
[13:01] {jfjf64} alvr
[13:01] {Threei} (US) President Obama: Expects transformation of financial regulations on a scale not seen since the Great Depression (related EUR/USD TLT SHY XLF )
[13:02] {jfjf64} was watchin for break ofv .15 missed it
[13:02] {nemo} this should be futaftw
[13:23] {Threei} GS Redeems TARP (141.30, -2.86, -1.98%)
[13:23] {Threei} so, TARP is largely redeemed in a single day it seems, lol
[13:24] {nemo} well, GS got what went to AIG
[13:29] {Threei} (US) Rep Frank (D): Does not expect Congress to pass financial regulatory overhaul before the end of 2009 (related XLF )
[13:30] {Threei} I thought it was very urgent
[13:30] {nemo} when he saw what would happen to his re-election coffers, he changed his mind
[13:30] {nemo} BF's my Congressman :) :( :o!
[13:32] {jfjf64} careful nemo
[13:32] {nemo} what?
[13:32] {vinod} I am going to tell frank, nemo is not talking nice about you?
[13:33] {nemo} what didn't I say that was nice?
[13:33] {nemo} or, uncouth
[13:33] {nemo} lacking in decorum
[13:33] {nemo} what?
[13:34] {nemo} weasels
[13:34] {nemo} mmmhhh...oil is positive
[13:34] {nemo} $ falling?
[13:35] {jfjf64} svnt gettin ready for takeoff
[13:38] {nemo} wonder if the PPT can get the S&P to close over 920 today?
[13:38] {Threei} T. Boone Pickens plans to invest in a new auto company - Auto News
[13:38] {Threei} what new auto company?
[13:38] {Threei} General Mofordysler?
[13:39] {nemo} MoFo for short
[13:39] {Threei} MoFoEr
[13:39] {nemo} yeah, that works too
[13:39] {jfjf64} ya cut off vad
[13:40] {jfjf64} no more drinkin today
[13:40] {Threei} SVNT... believe it or now, last portion is still here
[13:40] {Threei} ok jf... it was time anyway
[13:40] {Threei} so now I am smoking-free, drinking-free...
[13:40] {jfjf64} im liken .75 svnt
06[13:41] * Threei is cheking out his back to make sure there are no wings forming
[13:41] {nemo} I'd be more worried about a tail
[13:42] {Threei} why would I worry about that
[13:42] {Threei} quite useful rudiment
[13:42] {nemo} ahhhh...o.k....don't want to know
[13:43] {Threei} The new auto company is staffed by former Mazda design chief Tom Matano plans to build "environmen... etc
[13:43] {nemo} wow...ppt striking early
[13:45] {Threei} lol
[13:45] {Threei} there is no other way to go up but PPT, right?
[13:48] {magoo} hellboy has a tail
[13:48] {Threei} any wings?
[13:49] {nemo} no
[13:49] {magoo} nope..cut his horns off too
[13:52] {dino} qcom to .15
[13:54] {nemo} best one in a while
[13:56] {dino} mtxx moving
[13:57] {dino} lol nemo, but yeah, true
[13:57] {nemo} almost a $
[13:57] {Threei} not sure why
[13:57] {Threei} interview hasn't started yet
[13:57] {nemo} PPT
[13:57] {Threei} PPT buying MTXX?
[13:58] {dino} it's there
[13:58] {nemo} Paulson's pulling the levers from John Hopkins...sure
[13:58] {Threei} now I've heard everything :)
[13:58] {nemo} Never met a conspiracy theory I didn't like
[13:58] {Threei} true
[13:58] {dino} out qcom +.94
[13:58] {Threei} my favorite is moon flight set in video studio
06[13:58] * magoo slaps dino around a bit with a large trout
06[13:59] * nemo slaps dino around a bit with a large roll of cash
[13:59] {dino} ouch
[13:59] {nemo} if getting whacked with cash hurts...geez
[14:00] {nemo} Personally, I'm a cash masochist
[14:00] {dino} that trout was old
[14:00] {dptl} have a good evening all
[14:01] {dino} cya dp
[14:01] {Threei} US Advisor Larry Summers: Fed did not 'cross the line' in emergency lending; power needs accountability
[14:01] {Threei} take care dp
[14:01] {Threei} INTC Plans to change chip branding, dropping Centrino brand name for PC systems - WSJ (16.21, 0.35, 2.21%)
[14:01] {Threei} who cares?
[14:02] {Threei} MTXX isn't over
[14:02] {Threei} probably aiming for 7
[14:02] {Threei} unless intrerview turns sour
[14:08] {magoo} mkts losing ground
[14:08] {magoo} carefyul
[14:09] {nemo} QCOM got an upgrade from GS today
[14:09] {jfjf64} nice pul bk mtxx any thing vad
[14:10] {nemo} a DT inside the Bollinger Bands, is that a tad negative?
[14:11] {Threei} .60 break worth a try'
[14:11] {jfjf64} stop at
[14:11] {Threei} what do you think?
[14:12] {jfjf64} below .50
[14:12] {Threei} :)
[14:15] {Threei} AXP Pays back TARP funds (24.37, -0.32, -1.30%)
[14:19] {Threei} I intend to sell half above /70
[14:20] {Threei} trying to squeeze more than scalp out of it
[14:20] {nemo} you weren't that top tick?
[14:20] {Threei} maybe too optimistic but what's my risk here
[14:20] {nemo} slippin'
[14:20] {nemo} .10
[14:20] {Threei} COF Redeems TARP (23.13, -0.02, -0.09%)
[14:20] {Threei} I am telling you...
[14:21] {Threei} half out
[14:21] {Threei} offering 1/4 .81
[14:21] {Threei} out 1/4 morw
[14:22] {jfjf64} nice nice
[14:23] {Threei} NTRS Redeems $1.576B in TARP
[14:23] {Threei} - The total purchase price included a final accrued dividend.
[14:23] {Threei} - The repayment is expected to r... (52.34, -0.39, -0.74%) more...
[14:26] {nemo} jazz...sheesh
[14:28] {magoo} rot or rip vad??
[14:29] {Threei} rip
[14:29] {nemo} sure feels that way
[14:29] {magoo} oh oh..first time u committed to rip in awhile
[14:31] {Threei} I just start falling in love with this PPT thingy
[14:31] {Threei} it's so darn convinient
[14:31] {Threei} anything different from what I think - it's PPT
[14:34] {jfjf64} mind me askin what ppt
[14:34] {nemo} Plunge Protection Team
[14:34] {Threei} Post Processing Tractor
[14:34] {jfjf64} where we buy that that on vads site
[14:35] {Threei} Peer Poking Torunament
[14:35] {nemo} WHAT!!
[14:36] {jfjf64} pretty perky t hmmm
[14:36] {Threei} People Peeping Through
[14:37] {jfjf64} like mine the best guys PPT YEAH
[14:37] {nemo} Prurient
[14:37] {nemo} bad interview I guess
[14:37] {Threei} hmmm... Iguess interview did turn sour, lol
[14:38] {jfjf64} yup
[14:38] {jfjf64} or did it
[14:39] {jfjf64} .50 break straight to 7
[14:41] {Threei} MTXX on CNBC
[14:41] {Threei} MTXX CFO: This came as a total surprise, believe the FDA's action is totally unwarrented - CNBC interview (6.48, 0.70, 12.11%)
[14:43] {Threei} - Blames reports of loss of smell on "other factors" than use of Zicam
[14:43] {Threei} I believe that
[14:44] {jfjf64} yikes
[14:44] {Threei} I never used Zicam but lost my feel of smell ever since they started handing out TARP money
[14:48] {dino} not helping the stock
[14:55] {magoo} um boss..we still on for the RIP
[14:55] {Threei} asking me??
[14:55] {Threei} PPT
[14:56] {magoo} piss poor traders?
[14:56] {Threei} good one
[14:56] {jfjf64} ditto lk it mags
[15:00] {jfjf64} this ppt could go for a cold one
[15:04] {Threei} MTXX seems to play out for today
[15:08] {jfjf64} vol died out
[15:11] {Threei} T. Boone Pickens: Oil to average $80-85 over the coming year (related USO )
[15:11] {Threei} {--- crying
[15:11] {magoo} me too
[15:11] {Threei} same guy who said oil will not lose 120, then "oil will never lose 100"
[15:11] {magoo} he was the guy who got rectume-ized
[15:11] {dino} yeah, and he went in heavy
[15:11] {Threei} haven't learned his lesson?
[15:12] {dino} altho, i agree w/the pickes' plan on natural gas
[15:12] {Threei} STT Reportedly redeems $2B in TARP funds - email (45.88, 0.87, 1.93%)
[15:12] {Threei} but of course
[15:12] {magoo} waiting on wells to do same vad
[15:18] {Threei} AMZN Reportedly may be hit with a new sales tax in North Carolina, sends warning letter to local affiliates warning they may be terminated due to taxes - local press
[15:18] {Threei} whoa
[15:31] {Threei} (US) FDIC's Bair: Praises new regulatory proposals from the Obama Administration, cites the administration's "inclusive approach"
[15:31] {Threei} - Market participants must understand that large institutions can and will fail.
[15:31] {Threei} - Effective resolution authority will be uniformly applied to institutions in a consistent manner.
[15:35] {jfjf64} lk vol spike svnt
[15:35] {Threei} can't et a read on it
[15:37] {jfjf64} .62 break for me
[15:41] {magoo} this RIMM dump makes the earnings play even more difficult
[15:41] {dino} pot gap around 91
[15:42] {Threei} White House Economic advisor Summers: can not rule out that some hedge funds will be categorized as "systemic" firms
[15:42] {Threei} {Hedge Funds} oh yeah? dump everything boyz, let's show'em
[15:42] {Threei} (US) Treasury Sec Geithner: There is no plausible alternative to the Fed as overseer of systemic risk
[15:42] {Threei} - Believes Fed's authority was inadequate in some ways, overhaul of financial sector regulations will clarify Fed's authority.
[15:42] {Threei} - Capital requirements is the most important part of the overhaul that does not require legislation.
[15:43] {Threei} they are overselling it
[15:43] {magoo} ok..ty vad, gotta leave early
[15:43] {Threei} 4 or 5 of them are working hard to convince us their plan is great
[15:43] {Threei} take care mags, nice day
[15:43] {Threei} even though disconnected
[15:44] {Threei} but a lot of trades worked nicely
[15:44] {magoo} yup..good day here
[15:44] {Threei} they just feel like separate trees
[15:44] {Threei} no forest
[15:44] {Threei} no single flow to the day
[15:44] {Threei} know what I mean?
[15:45] {Threei} CA) Canadian Fin Min Flaherty: Canadian economy looks quite good
[15:45] {Threei} oh shut up
[15:53] {dino} lol
[15:54] {fernp} good evening all. see you tomorrow
[15:54] {dino} gotta hop, tee time in 35
[15:54] {Threei} take care fern
[15:55] {Threei} okay guys
[15:55] {Threei} thank you all
[15:55] {Threei} have a good eening
[15:55] {Threei} see you tomorrow
[15:55] {jfjf64} good day
[15:58] {nemo} nite