Jun 30 2009

Summer. Boring. Nothing to add.

Session Time: Tue Jun 30 00:00:00 2009

[08:31] {Threei} CYTR Files Report with the FDA in Response to the Partial Clinical Hold on its Phase 2b Arimoclomol ALS Trial

[08:34] {Threei} [APPY] Files 510(k) Notification With FDA for AppyScore(TM) Test

[08:34] {fernp} good morning everybody

[08:35] {Threei} fern :)

[08:35] {nemo} hello

[08:35] {Threei} nemo :)

[08:35] {nemo} Vader

[08:40] {Threei} Investor George Soros: One cannot fix credit crisis by replacing debt with fiscal balance sheet; going forward, sees a 'stop-go' economy

[08:40] {Threei} - It's a misconception to believe in 'self-correcting' markets

[08:41] {Threei} really?

[08:41] {Threei} how did they self-correct for hundreds years

[08:42] {cosmo} before soros = bs

[08:44] {Threei} lol

[08:47] {BillyD} mornin all

[08:47] {Threei} Billy :)

[08:52] {BillyD} Vad, AGII finished with good buying.....it is just low volume

[08:52] {Threei} yeah, let's have a loom at it after open

[08:53] {nemo} huh?

[08:53] {BillyD} SCLN a little one on nice uptrend

[08:54] {Threei} the fery first stock I've ever bought

[09:00] {Threei} *APR CASE SHILLER HOME PRICE INDEX: 139.18 V 139.99 PRIOR

[09:00] {Threei} COMPOSITE-20 Y/Y: % V -18.63%E

[09:01] {Threei} SLM Corp Buckingham reiterates Accumulate rating, price target $16

[09:01] {Threei} - Firm is raising their 2010 EPS estimate by $0.07 to $1.42 to reflect the estimated contribution from the company's new loan servicing contract and are lowering our Q2 and 2009 estimates by $0.09 per share to reflect the still wider than normal spread between LIBOR and CP in Q2 (about 44bp instead of 10bp).

[09:01] {ese} good morning.....

[09:01] {Threei} ese :)

[09:02] {ese} sold fitb at the end of the day .02 +.08 on 6k

[09:03] {ese} thought i was going to get more out of it

[09:03] {magoo} dfj;ordspijreaipjhresjhil

[09:04] {ese} ya for sure dajup werwoiuoi*&^&^ and i believeoioidjlkjoiwe....for sure!

[09:04] {Threei} magoo :)

[09:05] {ese} focusing in on anything vad?

[09:05] {magoo} its my bday today

[09:06] {tomg} Happy Birthday Magoo !

[09:06] {ese} happy birthday mags!!!!!!!!

[09:06] {Threei} Happy Birthday mags

[09:07] {Threei} I am focusing on attempts to focus

[09:07] {patience} happy birthday to magoosky :)

[09:07] {magoo} if u figure that focus thingy out let me know lol

[09:07] {ese} gottcha....let me get my coffee

[09:11] {dino} gm all

[09:11] {Threei} dino :)

[09:11] {nemo} what did the Case-Shiller release say?

[09:11] {Threei} 09:00] {Alert} Threei *APR CASE SHILLER HOME PRICE INDEX: 139.18 V 139.99 PRIOR

[09:11] {Threei} [09:00] {Alert} Threei COMPOSITE-20 Y/Y: % V -18.63%E

[09:12] {nemo} not good

[09:12] {nemo} but market not affected

[09:14] {magoo} gotta be careful...end of qtr games been in play..usually do not carry the last day

[09:16] {dino} don't over think it guys, just trade

[09:16] {Threei} couldsn't even if I wanted dino

[09:17] {nemo} that's funny...looking at your entry, I thought prices dropped 20%...news article says they only dropped %18.8-less than expected

[09:18] {ese} i'm with dino......what market....what index.....what release......whadaya talkin a bout

[09:18] {dino} great minds, huh es, lol

[09:19] {nemo} stand up ese...less pressure on your brain

[09:20] {nemo} GERN

[09:20] {ese} ahhhh oh ya.....thats what it is

[09:21] {Threei} Geron Corp Announces exclusive global agreement with GE Healthcare to Commercialize Stem Cell Drug Discovery Technologies

[09:21] {Threei} - Companies have entered into a global exclusive license and alliance agreement to develop and commercialize cellular assay products derived from human embryonic stem cells (hESCs) for use in drug discovery, development and toxicity screening.

[09:21] {Threei} - The program will use stem cells derived from hESC lines listed on the NIH Human Pluripotent Stem Cell Registry.

[09:21] {Threei} Under the terms of the agreement, GE Healthcare has been granted an exclusive license under Gerons extensive intellectual property portfolio covering the growth and differentiation of hESCs, as well as a sublicense under Gerons rights to the foundational hESC patents held by the Wisconsin Alumni Research Foundation. GE Healthcare and Geron have established a multi-year alliance program under which scientists from the two companies will work closely together to develop hESC-based products for drug discovery. The program will use stem cells derived from hESC lines listed on the NIH Human Pluripotent Stem Cell Registry. GE Healthcare will fund the R&D program and will be responsible for manufacturing, sales and distribution of products developed under the agreement.

[09:22] {BillyD} GERN never came up on scanner

[09:22] {Threei} in all those multiple GERN buyout rumors GE was named as a potential suitor

[09:25] {BillyD} stocks of focus Vad?

[09:26] {Threei} GERN

[09:27] {Threei} maybe STEM

[09:30] {Threei} and whatever scanner spits out

[09:30] {magoo} APOL nuts..i know reported

[09:31] {Threei} yeah, was very strange after report, stranger yet now

[09:32] {Threei} Long Setup: GERN on pullback to about .65

[09:32] {Threei} Long Setup: BAC .30 break

[09:33] {Threei} if stays above .24

[09:34] {nemo} wow, tsl jumped 1.30

[09:34] {dino} schn

[09:34] {Threei} GERN didn't give entry... don't want to chase it, it's not really breakout stock

[09:36] {Threei} BAC invalidated

[09:37] {BillyD} stiil want GERN if pulls back?

[09:37] {ese} INTC approaching 3 month high

[09:37] {Threei} yes, double bottom

[09:41] {ese} Lfitb ,11

[09:41] {nemo} frickin bac

[09:41] {magoo} the BAC-onator lol

[09:41] {Threei} Economist Shiller: Have seen improvements in overall levels of housing rate declines

[09:42] {jfjf64} mornin

[09:42] {Threei} jf :)

[09:42] {ese} jjjjjjjfffffff!!!!!!!!!1

[09:42] {Threei} FUQI at it again

[09:42] {jfjf64} ip l.26

[09:43] {BillyD} it gaps thru resistance and you don't want to chase on FUQI

[09:43] {jfjf64} 1/1

[09:43] {Threei} good one jf

[09:43] {jfjf64} out

[09:44] {Threei} MNTA

[09:44] {Threei} wathing for bounce to short intto

[09:44] {nemo} thinny, as dino would say

[09:44] {jfjf64} looks good

[09:44] {jfjf64} very thinni

[09:45] {Threei} JUNE CHICAGO PURCHASING MANAGERS INDEX: 39.9 V 39.0

[09:46] {ese} end of the month ...no effect

[09:46] {jfjf64} hrb.97 long

[09:47] {nemo} gern pulled back a bit

[09:48] {jfjf64} killin entry on pullbk

[09:50] {jfjf64} xco vad lk lk wants to mk dbl top

[09:51] {dino} xco shale deal

[09:51] {Threei} tough one jf

[09:51] {Threei} GERN new high

[09:54] {Threei} SLM

[09:54] {jfjf64} elx break .25

[09:54] {Threei} pullback closer to .30 long

[09:57] {Threei} in

[09:57] {Threei} stop uinder .20

[09:57] {jfjf64} in

[09:58] {magoo} in

[09:59] {Threei} consumer confidence numbers are coming

[10:00] {magoo} OY

[10:00] {Threei} JUNE CONSUMER CONFIDENCE: 49.3 V 55.3E

[10:00] {dino} air pocket

[10:01] {Threei} consumer is as confused as anyone

[10:01] {dino} well think about it, savings rate way up, consumer not confident

[10:02] {Threei} (US) Treasury: Proposed consumer financing to cover all banks and non-banking institutions

[10:02] {Threei} hmm?

[10:03] {Threei} no worky SLM

[10:04] {jfjf64} xco dam

[10:06] {jfjf64} couldnt fine define entry

[10:06] {Threei} you were looking for double top jf??

[10:07] {Threei} good thing you haven't found it, lol

[10:08] {fernp} DELL double bottom, Vad?

[10:08] {Threei} most likely, but I'd prefer buying it on sliught pullback

[10:08] {Threei} around .70

[10:09] {fernp} ok

[10:09] {Threei} if market spikes strongly then yes, buy .75

[10:09] {Threei} GERN

[10:09] {Threei} .90 break

[10:09] {Threei} stop under .85

[10:10] {Threei} (US) Labor Dept: Unemployment levels are seen up in all independent 372 survery areas in US

[10:11] {Threei} I don't get it... did we or did we not create or saved millins of jobs

[10:11] {nemo} talked about it

[10:12] {Threei} GERN 1:1

[10:13] {Threei} half or scalp is your choice

[10:13] {Threei} DELL 1:1 for hardcore scalpers

[10:13] {jfjf64} took ssalp ty

[10:13] {Threei} you know... those pesky creatures that buy .75 while keeping .70 stop

[10:14] {magoo} big pllbk BAC vad

[10:14] {Threei} on GERN jf? or DELL?

[10:14] {jfjf64} gern

[10:14] {Threei} I'd try it mags

[10:14] {Threei} .20 is nearest support, let's see if holding it

[10:15] {Threei} if yes, buy .26

[10:15] {Threei} if no, let's wait and reevaluate

[10:16] {ese} out fitb....00 -.11

[10:16] {jfjf64} xco vad

[10:16] {ese} &*^&^%&^*&#@#@!

[10:17] {jfjf64} ya see entry anywher

[10:17] {Threei} watching

[10:17] {Threei} not yet\]

[10:17] {level777} VICL

[10:17] {dino} schn lod

[10:18] {dino} fast bounce

[10:18] {Threei} VICL 8:30 news

[10:18] {Threei} Vical Inc H1 Influenza Vaccine Delivers Robust Preclinical Results With 100% Response

[10:18] {Threei} - Company''s vaccine against A/H1N1 pandemic influenza (swine flu) produced robust immune responses well above the accepted protection threshold in 100% of vaccinated mice and rabbits after a standard two-dose vaccine regimen. In addition, at least 75% of vaccinated animals achieved or exceeded the protection threshold after a single dose of vaccine.

[10:18] {Threei} - The company is ready to advance directly to large-scale cGMP manufacturing of the vaccine for human clinical trials, subject to securing external funding for this program.

[10:18] {Threei} XCO jf

[10:18] {Threei} .70 break

[10:18] {Threei} long

[10:18] {Threei} stop under .65

[10:19] {Threei} invalidated

[10:19] {Threei} so is BAC

[10:20] {nemo} wfc builing support

[10:22] {Threei} WFC is .60 trigger

[10:22] {Threei} if holding .50

[10:22] {nemo} tell the market

[10:22] {Threei} XCO worked after all, lol

[10:23] {jfjf64} yup

[10:23] {jfjf64} tempted to try .90 break

[10:23] {level777} trading looks a little tough today

[10:24] {Threei} AGEN Hearing positive chatter circulating regrading fast track approval speculation (1.97, 0.13, 7.07%)

[10:24] {jfjf64} but that be chasin

[10:24] {BillyD} Vad, u taking WFC if triggers

[10:25] {Threei} why not

[10:25] {jfjf64} ditto

[10:26] {nemo} short if it fails?

[10:26] {Threei} I won't

[10:26] {BillyD} KIRK is strong

[10:27] {nemo} that's why he was Captain

[10:27] {BillyD} lol

[10:27] {jfjf64} .60 short xco

[10:27] {jfjf64} didnt play it

[10:28] {jfjf64} you wd of had to be fast for that

[10:29] {nemo} in wfc

[10:29] {jfjf64} in

[10:31] {nemo} markets ying

[10:31] {nemo} dying

[10:32] {dino} snda

[10:32] {jfjf64} gv this wfc sm vodka vadd she fightin

[10:33] {jfjf64} fas killin us

[10:33] {nemo} markets killin us

[10:36] {fernp} WFC is stronger tham FAS

[10:36] {nemo} "the mini magnet is stronger than the maxi magnet"

[10:36] {dino} watching snda, schn, pnra, met, qcom

[10:39] {Threei} I start thinking WFC could be more than scalp

[10:39] {BillyD} yes, if mkt turns for us

[10:39] {Threei} sure

[10:40] {nemo} why?

[10:40] {jfjf64} i was wonderin

[10:40] {Threei} starting dfrom 10:15 roughtly, market made a few new lows

[10:40] {nemo} but wfc held it's range

[10:40] {Threei} WFC held the range, not trying to break it down anymore

[10:41] {Threei} and broke it up with slightest market bounce

[10:42] {Threei} SPPI slowly creeping up

[10:43] {jfjf64} comon break this .70 wfc

[10:45] {nemo} now it's moving with market

[10:51] {Threei} now there is no pattern whatsoever

[10:51] {nemo} black boxes grrrrrrr

[10:51] {BillyD} changing before our very eyes

[10:51] {Threei} what black boxes...

[10:52] {nemo} quant traders

[10:52] {Threei} lol

[10:52] {nemo} conspiracy of the day

[10:52] {Threei} Hypotesis non sint multiplicanda

[10:52] {nemo} nemo me impune lo quesit

[10:53] {nemo} think this thing is going down

[10:53] {Threei} scratch it

[10:54] {Threei} it's within spitting distance from entry

[10:54] {BillyD} u saying bail on it

[10:54] {magoo} wfc?

[10:54] {Threei} if uncomfortable

[10:54] {nemo} scratch=bale

[10:55] {fernp} the reason I entered the trade no longer exists. I am out

[10:55] {Threei} I am fine with 10 cents sto[

[10:55] {nemo} sto=norwegian oil company

[10:55] {Threei} if want to minimize it and don't see the reason to stay out anymore, why not

[10:55] {nemo} don't know what "sto]" is?

[10:55] {Threei} sto[ is a test word to reveal smart a$$

[10:56] {nemo} did it work?

[10:56] {dino} stoli vodka

[10:56] {Threei} what do you think? {G}

[10:56] {nemo} magoo here?

[10:56] {dino} ipcm l .20

[10:58] {magoo} magoo reporting for duty......

[10:59] {dino} bounce coming, imo

[11:00] {dino} snda sm l .75

[11:03] {BillyD} partialed out some WFC here

[11:04] {Threei} AGEN...

[11:04] {BillyD} SPPI .50

[11:07] {dino} guess not

[11:12] {BillyD} oh well

[11:13] {dino} rdea

[11:13] {BillyD} WFC enough to rinse

[11:24] {Threei} come on market... don't fall asleep just yet

[11:24] {jfjf64} xco

[11:27] {nemo} frickin wfc

[11:27] {BillyD} lol

[11:28] {Threei} AGEN... by no means an easy one to trade... but buying is stubborn

[11:29] {Threei} Update: EPA gives approval for California to move ahead with more stringent regulations on greenhouse gas emmission from autos (related F GMGMQ TM )

[11:30] {Threei} this is very smart and timely idea

[11:33] {nemo} rimm very strong today

[11:36] {dino} snda to .25

[11:37] {dino} stopped +.50

[11:37] {BillyD} gj

[11:38] {dino} ty, had more but sudden drop

[11:38] {magoo} out wfc -.03

[11:39] {magoo} blows'

[11:41] {level777} nvax news

[11:41] {level777} from about 2.57

[11:43] {magoo} whenever i get frustrated..cut a trade..openly critisize it..IT WORX lol

[11:44] {Threei} I saw NVASX news... didn't belueve in it at all

[11:44] {magoo} nvax is usually a serial disappointer

[11:44] {level777} nothing to do with believing..has to do with investor hype

[11:44] {Threei} let me elaborate

[11:44] {level777} :)

[11:45] {Threei} didn't believe any hype could move it

[11:45] {level777} i sold @ 2.69

[11:45] {level777} thats my comviction

[11:45] {level777} none of these bio news stocks holds gains unless $$ attached to it

[11:46] {Threei} and even then... {G}

[11:46] {level777} well, i guess they get a P/E then..thats worse news for a bio stock

[11:47] {BillyD} I just want them to hold gains for scalp ordaytrade

[11:47] {BillyD} and...NVAX struggles with even that

[11:47] {BillyD} in my experience...as magoo says: serial disappointer

[11:47] {level777} went up 20%

[11:48] {level777} maybe 15

[11:48] {nemo} Billy D....Magoo's not that bad

[11:48] {BillyD} right, but it seems to pullback past stop, etc

[11:48] {BillyD} in the past, haven't watched today

[11:49] {level777} you'd think after years of watching this scenario repeat over & over, some people would learn

[11:51] {nemo} wfc wedging towards .70 (frickin' pos)

[11:51] {BillyD} I've learned it doesn't normally work for my style

[11:52] {BillyD} glad you made $ on it

[11:52] {level777} good observation

[11:52] {level777} sticking with what works for you

[11:53] {Threei} Preview: St. Louis Fed President Bullard scheduled to speak on Fed Exit Strategies at Noon ET

[11:53] {Threei} - audience and media Q&A's are expected to follow the speech.

[11:53] {Threei} - Bullard is not a voting member of the FOMC.

[11:54] {Threei} NVAX is out of character today

[11:54] {BillyD} straight up

[11:54] {nemo} off its meds :)

[11:54] {level777} wish i knew that b4 i sold

[11:59] {dino} sm l wynn .80

[12:00] {Threei} Fed's Bullard: SHort term goal to avoid short term inflation trap in 2009; some programs may wind down naturally

[12:01] {Threei} I think NVAX is done except for scalps on bounces

[12:01] {BillyD} short?

[12:02] {Threei} closer to .10

[12:02] {Threei} if pauses and can't break

[12:02] {Threei} new high is a stop

[12:03] {Threei} didn't pause... no entry yet

[12:04] {Threei} .07 worth a try short if stays under .14

[12:05] {nemo} volume stronger today than yesterday

[12:10] {Threei} volume dries up on this NVAX bounce... if we don't get 3.10 break and it loses 3, look out below

[12:11] {BillyD} still .14 stop right

[12:11] {Threei} if it makes a new high, this is some new NVAX...

[12:11] {Threei} one I am not familiar with

[12:11] {Threei} yes

[12:11] {Threei} held by fingertips

[12:12] {Threei} out

[12:12] {BillyD} oh well

[12:13] {Threei} looks determined

[12:13] {dino} sm l snda .75

[12:14] {ese} L fitb.01

[12:16] {level777} nvax strong as a bull

[12:16] {Threei} no kidding

[12:16] {nemo} strong like bull

[12:16] {level777} is strong as mongo

[12:16] {nemo} where'd that come from anyway/

[12:16] {nemo} Alex Karras

[12:17] {nemo} "somebody better go back and get a s$*&load of dimes"

[12:17] {dino} feet don't fail me now

[12:18] {level777} geez

[12:31] {jfjf64} nvav l .32

[12:31] {nemo} you mean nvax?

[12:31] {jfjf64} y

[12:37] {Threei} APPY Hearing Lazard making positive comments (2.74, 0.21, 8.30%)

[12:37] {Threei} wow

[12:37] {Threei} not every day big name makes comments about $2 stock

[12:37] {Threei} daily looks brewaky too

[12:37] {Threei} .75 break is a swing trade trigger

[12:38] {Threei} for daytraders stop under .65

[12:38] {Threei} for swing trade under .40

[12:38] {Threei} first target somewhere above 3

[12:39] {Threei} cites filing of 510K notification for marketing approval of its AppyScore Test this morning

[12:45] {level777} nvax o my

[12:46] {Threei} US Treasury's Barr: Obama plan will preserve strong role for State enforcement

[12:46] {Threei} lol... who would have any doubt

[12:47] {jfjf64} took .38 nvax +6 little cents

[12:47] {Threei} Long Setup: PALM .40 break

[12:47] {Threei} stop under .35 for stinkin' scalpers, under .30 for sane traders

[12:49] {BillyD} you guys in PALM already...i stepped away

[12:49] {Threei} no

[12:49] {jfjf64} n

[12:49] {Threei} mow

[12:49] {BillyD} ty

[12:49] {Threei} now

[12:49] {jfjf64} y

[12:49] {magoo} mnow

06[12:50] * Threei slaps magoo around a bit with a large manual "learn to Type with Your Knees"

[12:51] {Threei} AGEN... something about it...

[12:51] {magoo} ;0

[12:51] {magoo} OOP

[12:51] {magoo} :)

[12:51] {magoo} [12:51] {magoo} ;0

[12:51] {magoo} ROFLOL..cant even do trhaty

[12:51] {magoo} trhaty

[12:51] {magoo} jesus

[12:52] {Threei} trhaty is a small fury animal from Alpha Centauri?

[12:52] {fernp} lol

[12:53] {Threei} stinkin' scalpers got their stinkin' 1:1

[12:53] {jfjf64} 1/1 palm for this scalper

[12:53] {nemo} No I didn't I went and grabbed a sandwich

[12:54] {jfjf64} ty

[12:54] {Threei} :)

[12:54] {Threei} from some fast food outfit nemo?

[12:55] {nemo} refrigerator

[12:55] {Threei} too bad

[12:55] {Threei} I wanted to give a rant about how harmful fast food is

[12:55] {nemo} mortadella, olives, tomatoes, gherkins on frenchbread, w/brown mustard and shot of vodka

[12:55] {BillyD} lol

[12:56] {Threei} vodka as a unalienable elewment of sandwich?

[12:56] {Threei} what a concept

[12:56] {jfjf64} hey thats sounds good nemo

[12:56] {nemo} wash down

[12:56] {Threei} dp wpuld be proud of you

[12:56] {Threei} and ese would help you wash that down with black coffee in hypodermic needle

[12:57] {Threei} sheesh, what a coloful group we have

[12:58] {ese} definately

[12:58] {nemo} colorful group that can't spel or tipe

[12:59] {Threei} eeksquze me?

[12:59] {Threei} I ken spel

[12:59] {nemo} whadya

[12:59] {nemo} do

[12:59] {Threei} I ken spel gud

[13:00] {nemo} Raven must think we're whacked

[13:00] {Threei} nope

[13:00] {ese} up finish to the day do you think?

[13:00] {Threei} I mean no more than usual

[13:00] {nemo} know we're whacked?

[13:00] {Threei} Raven gave up on sanity in this room long ago

[13:00] {nemo} define up ese?

[13:00] {Threei} in fact, when we behaved like normal people once for three days in a row, Raven dcced me to ask whether everything was OK

[13:01] {dino} out ipcm .32, +.12

[13:01] {nemo} outta' palm yet? :)

[13:01] {nemo} RiMM led it down

[13:02] {ese} ummmmmmm.......indexes in the green

[13:02] {Raven} {____}

[13:03] {nemo} indexes green? huh? I have qs down .25 spy down 1.11 and djx down 110

[13:03] {nemo} what did Raven say?

[13:03] {nemo} maybe he's being equivocal

[13:03] {Threei} I don't know, I hid under the nearest rock

[13:03] {Raven} {----- observing

[13:03] {Threei} sheesh nemo, you are insufferable

[13:04] {Threei} you ask ese to define "up"

[13:04] {Threei} he says "indices green"

[13:04] {nemo} good point

[13:04] {Threei} and you say "no they are red"?? :)

[13:04] {nemo} I thought he meant the indices were green

[13:04] {nemo} musician/flashback

[13:04] {ese} nada!

[13:05] {ese} nemo getting picky again?.........ah well.....thats what we like about the guy

[13:06] {nemo} picky....? me? perish the thought

[13:06] {nemo} insufferably obnoxious,,,,yeah, I'll buy that

06[13:06] * nemo crawls into cave, closes door, pulls blanket over head

[13:07] {Threei} ese...

[13:07] {Threei} I am sorry, I have to ask

[13:07] {Threei} there is something we like about nemo???

[13:07] {ese} yes

[13:08] {Threei} okay... if ou say so :)

[13:08] {ese} well.........i think there is......

[13:08] {Threei} oh wait, nemo is here

[13:08] {ese} isn't there?

[13:08] {Threei} yes, there is

[13:08] {Threei} a lot

06[13:08] * nemo takes pressure off Magoo

[13:08] {Threei} in fact we like everything about him

[13:08] {Threei} that's magoo we don't like anything about

[13:08] {Threei} wait, he is here too

[13:09] {Threei} ok... dp is not... finally

[13:10] {magoo} um..ecscuse me..i can hear u

[13:10] {Threei} yeah, I figured

[13:10] {ese} ese defers all opinions to vad..........saves hide in process

[13:11] {dino} deck sm l .25

[13:16] {Threei} US Hospitals have reportedly reached an agreement with the Govt on cuts with healthcare reform; cuts could include medicare cuts and tax exempt status (related IYH THC HCA UHS )

[13:18] {ese} ok....now that a good one vad......."When going gets tough, tough shrugs and goes to vacation"........

[13:19] {ese} or "goes golfing"

[13:19] {Threei} golfing is a bit too narrow...

[13:19] {nemo} NVAX, dare a short?

[13:20] {Threei} technically speaking it's a right thing to do

[13:20] {nemo} Mmmmhhhh...salient caveat there

[13:20] {Threei} it formed something remotely resembling H&S

[13:21] {nemo} a "Quasimodo"

[13:22] {nemo} no "Graifer Good Trading" Seal of Approval?

[13:23] {Threei} sheesh

[13:23] {Threei} where do you get these things, lol

[13:23] {Threei} it's a valid trade

[13:23] {ese} Have to admit though....everyone who hangs on this board.....DOES NOT!!!! have that inate ability to drown in a parking lot puddle......

[13:23] {dino} lol

[13:23] {nemo} You referring to King Ludwig II?

[13:24] {dino} speaking of rain, been raining here for about 6 weeks straight

[13:24] {nemo} yeah...here too

[13:24] {dino} sucks

[13:24] {ese} ya ...it's a wonder the US OPEN golf tournament was completed

[13:25] {nemo} in Georgia? that's a long way from the NE

[13:25] {ese} things have to be nice and clean in your neck of the woods though

[13:25] {dino} muddy

[13:25] {Threei} JPM Reportedly raising minimum payments on credit cards to 5%; effective August (33.95, -0.65, -1.88%)

[13:25] {nemo} they're all doing that

[13:26] {nemo} PALM Vad?

[13:27] {ese} oh my god! How will i ever pay off the $200000.00 i've racked up to be on vads board

[13:27] {nemo} there goes NVAX

[13:27] {nemo} you don't ese, you do like everybody else and tell them to go ++++ themselves

[13:27] {ese} declare bankruptcy

[13:28] {nemo} no, just tell them you can't afford it anymore, offer them .10 on the $ and go bye bye

[13:28] {ese} too funny

[13:29] {nemo} That's what's happening....first line CSR's can make those decisions now

[13:29] {Threei} nemo?

[13:29] {nemo} Vad?

[13:29] {Threei} what about PALM?

[13:29] {nemo} looked like it was building a nice wedge, now looks like it might be forming a box range

[13:29] {Threei} market weakens

[13:34] {nemo} so much for PALM

[13:34] {nemo} although holing above .25

[13:36] {nemo} dbi on nvax?

[13:37] {Threei} it was a short near .40, right shoulder of that H&S

[13:37] {Threei} who would you want to chase it that far down?

[13:37] {Threei} who = why

[13:37] {nemo} I asked

[13:38] {Threei} White House Press Sec: President cannot rule out a tax increase for healthcare (related IYH PPH BBH )

[13:38] {Threei} but of course

[13:38] {nemo} tax increase for healthcare, CO2, and....

[13:39] {Threei} and all "right things to do"

[13:39] {nemo} Aye Comrade, Brother, Friend

[13:47] {ese} comb-raid

[13:47] {ese} ?

[13:49] {Threei} everyone speaks in tongues

[13:49] {ese} fork tongue

[13:50] {Threei} survey shows that just 19% believe the climate change bill passed by the House on Friday will help the economy. Fifteen percent (15%) say it will have no impact, and 24% are not sure, while 42% say it will hurt the U.S. economy.

[13:51] {ese} and 100% are definetly undecided?

[13:53] {Threei} APPY is still there

[13:53] {vinod} good afternoon.

[13:53] {Threei} actually if it triggers at the end of day I will be only happy

[13:53] {Threei} vinod :)

[13:53] {ese} proving once again that a foregone conclusion....needs to be worked out

[13:53] {dino} wynn stopped -.40

[13:53] {ese} vinod BABBBBYYYYYYYYY!!!!!!!!

[13:53] {Threei} also,

[13:53] {Threei} AGEN

[13:54] {vinod} how many win today?

[13:54] {Threei} if it breaks 2 and stasy above it at the end of the day, I will be looking to take it overnight

[13:54] {vinod} ty ese

[13:55] {ese} your welcome

[14:00] {nemo} lookin' at WFC again

[14:00] {nemo} as it drops :)

[14:01] {Threei} one thing is missing today so far

[14:01] {nemo} President on TV

[14:01] {nemo} what do I get?

[14:01] {Threei} prise to be determined yet

[14:01] {Threei} Fed's Bullard: Exit strategy right now is 'unclear'; economic data shows signs of improving - comments to reporters

[14:01] {nemo} duh...

[14:01] {Threei} unclear eh?

[14:02] {Threei} Will review asset purchase program after evaluating economic data over summer months

[14:03] {Threei} Fed purchases par value $1.2B in agency securities; $2B submitted (related FNM FRE )

[14:05] {vinod} nemo-if I am not watching market than no president on TV that is the rule

[14:06] {Threei} but you are here now... nd he is not on still

[14:06] {nemo} Oh, reminds me of one of those unwritten/unspoken "relationship" rules I was always unknowingly guilty of breaking

[14:06] {vinod} I forgot inform him?

[14:07] {Threei} please do, you ruin his schedule

[14:07] {Threei} and we feel a hole in our day

[14:08] {vinod} I am sure he will be on TV tomorrow

[14:09] {Threei} almost 2 hours of trading day still

[14:09] {vinod} so,we go in for AGEN for one night stand?

[14:10] {Threei} possibly, if finishes around here

[14:10] {Threei} and AAPY if breaks .75

[14:10] {vinod} ty

[14:11] {vinod} o.k

[14:11] {Threei} lemme repost

[14:11] {Threei} [12:37] {Alert} Threei APPY Hearing Lazard making positive comments (2.74, 0.21, 8.30%)

[14:11] {Threei} [12:37] {Alert} Threei wow

[14:11] {Threei} [12:37] {Alert} Threei not every day big name makes comments about $2 stock

[14:11] {Threei} [12:37] {Alert} Threei daily looks brewaky too

[14:11] {Threei} [12:37] {Alert} Threei .75 break is a swing trade trigger

[14:12] {Threei} [12:38] {Alert} Threei for daytraders stop under .65

[14:12] {Threei} [12:38] {Alert} Threei for swing trade under .40

[14:12] {Threei} [12:38] {Alert} Threei first target somewhere above 3

[14:12] {dino} oyog

[14:15] {Threei} what's with this idiot on BATS in AGEN quotes?

[14:16] {Threei} GEOY Receives Govt contracts worth $25M (22.83, -0.03, -0.13%)

[14:18] {ese} zzzzzzzzz....garg smouuff...cough......head snap back.......ggggg ahem.....zzzzzzzzzzzzzzzzzzzz

[14:22] {Threei} hey!!!

[14:22] {Threei} vinod, you did it

[14:22] {nemo} tv

[14:22] {Threei} our day is complete now

[14:22] {Threei} no more gapping hole in our hearts and minds

[14:23] {vinod} In agen 2.00. no more hole now lets make some money

[14:31] {Threei} AMZN Ends Business With Hawaii Affiliates (83.00, -0.03, -0.04%)

[14:32] {Threei} if this continues, what amazin will do when it runs out of states to cut?

[14:32] {nemo} It's like cutting your sales force when all your accounts are established...shouldn't make much difference

[14:34] {Threei} well, is amazon willing to kill afifliates program altogether?

[14:35] {nemo} probably...it's a commission...they'll just scenario the cost of tax compliance for various jurisdictions + the commissions they would have to pay out, against the sales they might lose

[14:35] {Threei} there... you are making money vinod

[14:35] {level777} nvax not giving up

[14:36] {Threei} I underatad their reasoning... I just can't understand how states don't see that they make things worse for everyone

[14:37] {nemo} politicians are neither business persons, nor do they understand microeconomics

[14:37] {nemo} you've listened to the morons on the House Banking Committee

[14:37] {Threei} seemsa to be just common sense

[14:37] {vinod} Vad. Yes since I joined here. but my gols is very small and i use vey small size and fewer trade

[14:38] {Threei} good to hear

[14:38] {Threei} they add up

[14:38] {Threei} couple millions here, couple millions there... ptretty soon we are talking real money

[14:38] {vinod} I just wants to make 300 to 500/wk

[14:40] {BillyD} Vad, u already enter AGEN

[14:40] {vinod} I got 2k AGEN

[14:40] {Threei} I have couple thou from .96

[14:41] {vinod} I got to go home. see you tomorrow

[14:41] {BillyD} thx

[14:41] {BillyD} cya vinod

[14:41] {Threei} not sure what to do with them... dump for a scalp and wait, add more and wait, or just wait

[14:41] {Threei} I did this scalp earlier couple times

[14:42] {Threei} but as we near end of day, it feels like I may not get another chance

[14:44] {dino} l8r vin

[14:46] {BillyD} PALM goes

[14:47] {Threei} 52 week high

[14:48] {nemo} mags

06[14:56] * magoo slaps laserdave around a bit with a large trout

[14:56] {nemo} took you long enuf

[14:56] {Threei} lol

[14:57] {magoo} i was dreaming that nemo wanted me to do something.woke up...pow

[14:58] {Threei} this is so disturbing

[14:58] {Threei} nemo appears in your dreams?

[14:58] {Threei} sigh

[14:59] {ese} indexes green maybe ????? hmmmmmm

[14:59] {jfjf64} ese ya drinkin

[14:59] {nemo} drugs

[15:00] {Threei} US Treasury Sec Geithner to testify July 10 to the US House with regards to OTC derivatives (related CALDR ICE ISE LSE.UK CME )

[15:00] {ese} ahhhh let me check......naw....just water with lemon

[15:00] {Threei} {lemon} oh yeah?? and who did soak me in vodka for an hour before squezing me into water??

[15:01] {jfjf64} im a water lemon type of guy also what bout ya vad

[15:01] {jfjf64} guess got answer lol

[15:01] {Threei} just water... and chewing coffee beans

[15:02] {ese} the way intel is moving here ....was thinkin it might be an outside shot

[15:02] {jfjf64} lk it at .44

[15:03] {jfjf64} did ya lk short or long ese

[15:05] {ese} long...i'm still long a crap load of intel from .30 last week

[15:05] {ese} it's bouncing off .30 anyway

[15:06] {jfjf64} lkin wfc bounce

[15:06] {ese} dino warned me not to swing trade it but i'm giving it a shot....will be out by thurs fri for sure

[15:08] {ese} i'd have done better scalping it.......but i don't want to mix syles......whatever ya start with....ya need to finish with

[15:09] {dino} you'll be ok es

[15:09] {dino} you know what your doing

[15:09] {ese} other thing is....it keeps trying to break above 16.70....this is the fourth shot....one thing i do remember about my swing tradindays is.....if it does break through....it'll go like hell

[15:10] {dino} hammer theory

[15:10] {ese} indeed

[15:10] {ese} higher lows keep pushing it up against .70 to .75 area

[15:11] {jfjf64} what ya watchin

[15:11] {dino} hammer to ice, more whacks greater chance of breaking through

[15:12] {dino} still in deck, snda

[15:12] {dino} liking qcom

[15:13] {ese} INTC jf

[15:13] {ese} or was that question for dino

[15:14] {jfjf64} ya ese

[15:14] {dino} thought it was to all

[15:16] {dino} schn ranging between 52.60-53.60

[15:17] {nemo} c u 2morow

[15:17] {ese} cya nemo

[15:18] {dino} cya nemo

[15:18] {fernp} bye nemo

[15:18] {Threei} take care nemo

[15:19] {Threei} APPY doesn't want to set up

[15:19] {ese} you still thinkin agen overnight vad?

[15:20] {ese} was is it AGEN?

[15:21] {Threei} yeah

[15:21] {Threei} only if finishes around 2

[15:22] {Threei} White House economic advisor Goolsbee: housing boom will not return - CNBC interview from the Aspen Ideas Conf

[15:22] {dino} never say never

[15:23] {jfjf64} .48 long intel

[15:23] {ese} old saying......they aren't making anymore land

[15:24] {jfjf64} .40 stop

[15:24] {BillyD} real estate just gonna take time

[15:25] {jfjf64} common on buyers sale here

[15:25] {ese} yup

[15:25] {ese} or it may switch focus.........condos downtown in most major cities

[15:26] {jfjf64} print a .52 we gone

[15:26] {ese} people are really getting tired of the comute thing

[15:26] {cosmo} tent parks will be hot

[15:26] {BillyD} it's all supply/demand right now ese

[15:26] {cosmo} esp for retirees

[15:27] {dino} it will come back

[15:27] {dino} population continues to grow

[15:27] {jfjf64} gimme a .52

[15:27] {dino} everything goes in cycles, real estate, stocks, bonds, weather, etc. imo

[15:28] {BillyD} true dino, this cycle gonna be a little longer imo

[15:28] {Threei} except stupidity... that one seems costant

[15:28] {dino} most likely

[15:30] {jfjf64} .53 comon dino

[15:31] {jfjf64} that nice

[15:31] {jfjf64} lotta green

[15:34] {ese} indexes takin a shot at being green

[15:38] {jfjf64} 1/1 intc

[15:39] {jfjf64} stop to.53

[15:39] {dino} gj

[15:40] {Threei} CFTC rep Chilton: Trying to find signs of 'excessive' speculation in commodity markets; paying close attention to oil due to recent increase in prices

[15:40] {Threei} - Comments that 'something is going on', and that the CFTC's job is to ensure nothing happening is illegal

[15:40] {Threei} this is so pathetic

[15:40] {dino} out snda .15, +.40

[15:41] {BillyD} Vad, that statement is for the guy who reads the newspaper

[15:41] {dino} bunch of whiners in charge of everything

[15:41] {dino} bunch of whiners in charge of everything

[15:42] {fernp} have to go. see u all tomorrow. good evening

[15:42] {Threei} take care fern

[15:42] {dino} cya fern

[15:42] {Threei} where is America I knew and admired

[15:43] {Threei} this is frikin jellyfish

[15:44] {dino} died w/election

[15:44] {dino} needed to split house/senate/pres.

[15:45] {BillyD} Vad, u thinking AGEn for gap?

[15:46] {Threei} really want it to cross 2

[15:46] {BillyD} more selling than you want

[15:47] {Threei} not really, it has a lot of both at each levele as all thick stocks do

[15:47] {Threei} just want it to finish over this resistance

[15:47] {Threei} see it on daily

[15:47] {BillyD} yes

[15:48] {dino} deck out .65, +.40

[15:48] {dino} calling it a day, pos. but light. toughie imo

[15:49] {Threei} you can't leave dino

[15:49] {Threei} we have 11 more minutes of suffering

[15:49] {Threei} suffer with us

[15:49] {ese} nice dino....great way to finish the day

[15:51] {Threei} L7

[15:51] {Threei} TSRT shows signs of life again

[15:51] {Threei} TSTR

[15:51] {dino} ty es

[15:51] {dino} later all

[15:51] {Threei} awww... come on dino

[15:51] {Threei} 9 minutes

[15:51] {ese} end of the day sell program hits intc

[15:52] {Threei} NDAQ CEO notes there are about 100 companies that have filed plans to go public on the Nasdaq - CNBC interview (114.90, -3.46, -2.92%)

[15:53] {level777} u guys in anything?

[15:54] {Threei} contemplating AGEN

[15:56] {ese} intc at .30 L7

[15:56] {ese} and fitb .00

[15:57] {Threei} AGEN says good to go

[15:58] {Threei} APPY, will observe tomorrow

[15:58] {level777} u in agen?

[15:59] {Threei} yes

[16:00] {Threei} okay guys, thank you all

[16:00] {Threei} wow

[16:00] {Threei} what happened?

[16:00] {Threei} AGEN sharp spike

[16:00] {Threei} new high right on the close

[16:00] {Threei} nice volume too

[16:01] {Threei} okay, I'll take it

[16:01] {Threei} have a good evening

[16:01] {Threei} see you tomorrow

[16:01] {BillyD} cya Vad

[16:01] {Alw} ty

[16:01] {ese} take care all

[16:01] {level777} maybe plays tonight

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