Unexpectedly good day - mostly thanks to AIG which we played both long and short for nice juicy moves. Even such piece of you know what must be good for something sometimes.
Session Time: Fri Jul 10 00:00:01 2009
[07:59] {vinod} good morning
[08:36] {Threei} Good morning
[08:36] {Threei} DRYS Shares raised to Hold from Sell at Cantor Fitzgerald, price target $6 (5.26, 0.00, 0.00%)
[08:37] {Threei} BLTXX Baltic Dry Bulk Index -1.1%, 8th straight decline
[08:37] {Threei} US) President Obama: Would be 'premature' to wind down stimulus programs; recovery still 'a way off'
[08:37] {Threei} - Significant measures agreed at G8 summit but did not agree on every issue
[08:38] {Threei} *(US) MAY TRADE BALANCE: -$26B V -$30.0BE
[08:47] {Threei} (CA) Canadian PM Harper: New reserve currency is not 'highest priority'
[08:48] {nemo} "he said" "she said" this is getting boring
[08:48] {Threei} , USD will always be important for Canada
[08:48] {nemo} 51st state :)
[08:49] {Threei} USA-lite
[08:50] {nemo} A lot less people, which I really like. As the little Austrian once said, "The more I get to know people, the more I like my dog."
[09:00] {BillyD} gm all
[09:00] {Threei} RU) Russian President Medvedev: It would be simpler for Russia to join the WTO "on its own"; hopes the US will alter its missile shield plans, reiterates threat to station missiles in Kaliningrad
[09:00] {Threei} - Note that on 7/7, Medvedev said Russia still plans to join WTO. In early June, Russia threw its 16-year bid to join the World Trade Organization (WTO) into jeopardy when PM Vladimir Putin said Moscow would only join the trade body in partnership with two former Soviet republics
[09:00] {Threei} Billy :)
[09:08] {Threei} General Motors Corp CEO: we are required to pay off the govt loans by 2015, but our goal is to repay them much sooner
[09:08] {Threei} - GM has issued a press release as its press conference begins, announcing the "New GM," which is 61% owned by the govt.
[09:08] {Threei} why do I have this feeling that "new GM" will be, what was the name of that old movie...
[09:09] {Threei} The Incredible shrinking woman, or something like that
[09:14] {cosmo} the attack of the 50 ft woman ...i think
[09:15] {magoo} kninrom
[09:16] {Threei} cosmo, mags :)
[09:16] {cosmo} 3i:)
[09:17] {ese} good morning.....back at home with a cold...wouldn't ya know it
[09:17] {Threei} lol ese
[09:18] {jfjf64} mornin
[09:18] {vinod} ese--yes it been cold here last few days?
[09:19] {Threei} jf :)
[09:19] {vinod} my DRYS yesterday stop out at 5.25
[09:21] {Threei} yeah, it had news right after close
[09:21] {ese} and my overnight FITB is doing no better
[09:21] {Threei} lol, my overnight YRCW is flat
[09:21] {_kenyee} good morning all
[09:22] {Threei} kenyee :)
[09:22] {magoo} i cut drys yester at .37..-.01
[09:23] {magoo} wondering when AIG squeezes
[09:23] {magoo} 23 to 9 in 4 days
[09:23] {Threei} should be good for couple points when it gets to it
[09:24] {Threei} the problem I think is:
[09:24] {dino} gm all
[09:24] {Threei} it's not so much ashorting as it it plain simple selling
[09:24] {Threei} dino :)
[09:25] {_kenyee} anyone use market profile in their trading?
[09:29] {magoo} not i
[09:29] {magoo} agree vad
[09:30] {ese} mornin dino
[09:31] {magoo} vad, if u could find it..day AIG reverse split i said it would see 7
[09:32] {Threei} not urgent I hope?
[09:32] {vinod} short RIMM?
[09:32] {nemo} it's important for his ego, Vad
[09:32] {magoo} no..just saying..nver thought this quick
[09:33] {Threei} not into buying vinod
[09:33] {Threei} that's not how you short
[09:33] {ese} everthiings turning green
[09:33] {nemo} glad you didn't short rimm vino?
[09:33] {dptl} good morning all
[09:33] {Threei} dp :)
[09:34] {Threei} Short Setup: CAT .10 if stays under .25
[09:35] {ese} morning dp
[09:36] {vinod} ty-vad and meno for rimm
[09:36] {nemo} who is meno?
[09:37] {Threei} invalidated
[09:38] {vinod} nemo-now i got my fingure fat like boss
[09:38] {nemo} lol
[09:39] {nemo} I thought that was a phonetic freudian slip on your opinion of my demeanor
[09:39] {Threei} Short Setup: AMZN .50 break half lot
[09:39] {Threei} if stays below .70
[09:41] {Threei} 1:1
[09:41] {nemo} figures...my computer locks up at .65 and comes back at .45
[09:41] {ese} down to cover some gaps here then away we go....??????hmmmm
[09:42] {vinod} missed
06[09:43] * magoo slaps vinod around a bit with a large trout
[09:43] {magoo} wake up
[09:43] {magoo} few and far nbetween today
[09:44] {vinod} since I missed amzn going to be at 76
[09:45] {Threei} covering in full
[09:45] {Threei} +.30
[09:47] {ese} have i missed some news tech wise.....compx and ndx taking off a little
[09:47] {dino} edu's up today
[09:47] {Threei} Short Setup: RIMM .70 break
[09:47] {dino} esi, apol
[09:47] {Threei} if stays below .85
[09:47] {dino} es gs upgrades some tech
[09:47] {Threei} a bit aggressive entry
[09:48] {dino} ice retest wed low
[09:48] {Threei} but .60 which is better trigger is too far from resistance
[09:48] {ese} tks dino
[09:49] {dino} np
[09:49] {Threei} no go
[09:50] {ese} look at tick and trin.....tick +725 trin +2.78 weird
[09:52] {dino} wynn sm l .00, stop .66
[09:53] {ese} if the trin goes red.....this day could take off but when it's green?....to much underlying selling
[09:55] {Threei} *JULY PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 64..6 V 70.8E
[09:55] {nemo} contrarian bullish
[09:55] {dino} wynn stopped -.34
[09:56] {ese} how do they calculate the expected? Go to the bar....have a drink ...see how everyone is feeling?
[09:57] {dino} pretty much
[09:58] {Threei} Long Setup: RIMM .10 break
[09:58] {Threei} stop under .90
[09:58] {nemo} too fast
[09:59] {BillyD} my L2 froze LOL
[10:00] {nemo} dino, had capitulation volume in wynn and bounce might have bottomed
[10:01] {Threei} market weakens
[10:01] {nemo} another big volume spike, see if it holds .60
[10:02] {dino} going lower needs mkt help
[10:03] {nemo} closed above support
[10:03] {dino} hmmm holds
[10:03] {Threei} scratching RIMM
[10:03] {nemo} inside the BB too
[10:03] {dino} watching ice, rtp
[10:03] {Threei} CAT setup is back
[10:03] {Threei} .10 short if stays under .25
[10:03] {BillyD} I am watching CAT here
[10:04] {nemo} .10 is s2 for cat off the pivot
[10:05] {nemo} dino, wynn :)
[10:05] {nemo} had a vad spike
[10:05] {dino} you in wynn nemo?
[10:05] {nemo} no, I was waiting for you to take point :)
[10:06] {dino} lol
[10:07] {Threei} CAT invalidated again
[10:07] {magoo} took rimm cross 67
[10:07] {Threei} long?
[10:07] {magoo} ya
[10:07] {nemo} cats, they're all the same
[10:09] {magoo} not luvin it
[10:09] {dino} smr l ice .75 careful pulp
[10:10] {ese} well it looked like a promising day there for a bit......
[10:11] {dino} ice=pulp lay out imo
[10:12] {Threei} AIG... dive to .80 - .90 zone for long
[10:13] {ese} i'm with ya there dino
[10:13] {dino} laying at 84.75
[10:13] {dino} too high
[10:13] {Threei} here goes your RIMM mags
[10:13] {dino} lost its' mojo
[10:14] {dino} nemo was right on wynn, my stop too tight
[10:15] {magoo} yea ty alert was elsewhere
[10:15] {magoo} out .34
[10:16] {dino} ice stopped -.26
[10:17] {nemo} actually, when you went in at .00 after the big drop there had been no capitulation volume prior-so I didn't think that was a bottom, when I saw that capitulation volume on the long red, I was then looking for the bottom and a retest
[10:18] {dino} good call
[10:18] {nemo} broken clock
[10:18] {Threei} SQNM?
[10:18] {Threei} no news that I see
[10:21] {dino} cit crush going on
[10:22] {dino} now ice goes, two rinses already
[10:22] {dino} been that way all week
[10:25] {magoo} cant believe i missed AIG in the 8 area
[10:28] {ese} she be takin off today man......
[10:29] {ese} short covering imo mags.....there will be another opportunity here me thinks
[10:29] {magoo} its avail short today
[10:32] {Threei} so far no indications of short setup
[10:32] {Threei} each pullback is well supported
[10:33] {BillyD} maybe the new shorts are proelling up the old shorts...lol
[10:33] {BillyD} propeslling
[10:33] {BillyD} sheesh...propelling
[10:33] {Threei} third try should be it
[10:33] {Threei} there :)
[10:33] {BillyD} ty...was struggling
[10:34] {ese} new internet language billy.....i liked it
[10:34] {fernp} a bit late. good morning
[10:34] {Threei} fern :)
[10:36] {ese} scour de zhup dup ...vlap da fling flang..ich du be nin........
[10:36] {Threei} sheesh
[10:37] {Threei} AIG intends to make those 2 points today?
[10:37] {Threei} [09:23] {Threei} should be good for couple points when it gets to it
[10:38] {magoo} excuse me...post right before that
[10:38] {magoo} the squeeze
[10:41] {Threei} time to start thinking short on AIG
[10:41] {Threei} 10 break first try
[10:42] {Threei} that was fast...
[10:42] {nemo} thought you can't short
06[10:42] * magoo slaps nemo around a bit with a large trout
[10:42] {Threei} [10:29] {magoo} its avail short today
[10:42] {nemo} wow
[10:43] {Threei} I don't think anyone had time for entry
[10:44] {Threei} what a tank
[10:44] {magoo} yea..and too high to play bounce
[10:45] {magoo} could see 8 area
[10:45] {BillyD} it seems like confirmation on pivot entries a little tough in general lately.....people seem to be anticipating more
[10:46] {Threei} bounce closer to 10 if happens is a short entry
[10:47] {Threei} happens too fast for exact call
[10:47] {Threei} generally anywhere between 9.90 and 10
[10:50] {BillyD} what would be stop 10.12 area
[10:50] {nemo} http://www.myfoxny.com/dpp/your_money/consumer/090710_Sears_Christmas_Sales
[10:50] {nemo} ice short?
[10:50] {BillyD} or .15 area
[10:50] {Threei} depends on setup
[10:51] {Threei} OK, next spike is it
[10:51] {Threei} in
[10:51] {Threei} .15 stop
[10:51] {Threei} can take a few tries
[10:52] {dino} psmt
[10:53] {Threei} 1:1
[10:53] {Threei} covering half
[10:54] {Threei} stop to above .10
[10:54] {Threei} scalpers know what to do
[10:54] {fernp} nice call Vad. ty
[10:54] {Threei} :)
[10:55] {Threei} ideally, AIG stays under 10 this time and loses .80
[10:55] {Threei} then we would trail stop to above 10 and let it trade
[10:55] {Threei} that would scenario for serious dump
[10:57] {Threei} so far so good... come on you slimy no-good reverse-split piece of financial crap
[10:58] {jfjf64} easy vad easy
[10:58] {Threei} lol
[10:58] {nemo} stop mincing words vad, tell us how you really feel
[10:58] {Threei} wanna know how I really feel?
[10:58] {Threei} hehe
[10:58] {nemo} NO
[10:58] {Threei} volume dris up... but too close to 10
[10:59] {Threei} no idea what happens next
[10:59] {Threei} in a perfect world stop should have been trailed to above 10 here
[11:00] {nemo} wynn testeed support again dino
[11:00] {Threei} kind of personal decision
[11:00] {Threei} I prefer to trail it after loss of .80
[11:00] {Threei} there
[11:01] {Threei} trailed
[11:01] {Threei} 1/4 cover closer to .60 is next idea
[11:01] {BillyD} gj vad
[11:01] {Threei} then trailing stop for the last portion, don't know the levekl yet, and letting it trade
[11:02] {jfjf64} sounds lk plan
[11:02] {Threei} if it goes above 10 and stops us out, I take vacation till after labor day
[11:05] {ese} l sbux .5
[11:06] {Threei} Us Treasury Geithner: No need to ban customized derivatives
[11:06] {ese} .55
[11:06] {Threei} I wonder... can Geithner'sd testimony devoted to derivatives influence AIG trading?
[11:06] {Threei} this is something that can interfere with out short
[11:07] {nemo} maybe that's why it bounced this morning in the first place?
[11:08] {Threei} that's what I start thinking... combined with normal bounce expected after such drop...
[11:08] {Threei} I violate my own rule - see the topic for #discussions
[11:08] {nemo} there's no way this pos should be worth anything...at least that's what the stories have been saying the last few days
[11:09] {nemo} and if the stories are saying that...
[11:09] {Threei} this pos isn't... but when did it prevent stock from rising
[11:09] {nemo} to your point about Geithner
[11:09] {Threei} OK, no more thinking
[11:09] {Threei} stop is in place
[11:10] {nemo} Last few days you've been hearing about the common value is 0...you even said that, been all over the news
[11:10] {nemo} Now Geithner comes on to talk about derivatives/aig
[11:10] {nemo} possibly a bohica moment
[11:11] {ese} out sbux .52 -.03
[11:11] {ese} not waiting around today.....it works right away or it doesn't
[11:13] {Threei} virus of instant gratification infects ese
[11:13] {BillyD} microwave ese
[11:14] {Threei} AIG is discussed on CNN
[11:14] {Threei} company is to pay more big bonuses
[11:15] {BillyD} so it goes up....hmmm
[11:15] {ese} i struggle in markets where i can't decern a clear direction......ala today
[11:16] {patience} have a great weekend guys....i'm back to 100% cash...good correction coming. But i'm always saying that :)
[11:16] {ese} half my main screen is green half is red ...tick was green and so was trin.....werid underlying selling....who knows
[11:17] {ese} cya patience
[11:18] {ese} my hats off to those of you who can find something to make money in......
[11:21] {johnnyj} dino, any WYNN thoughts?
[11:23] {BillyD} cya at labor day vad
[11:24] {Threei} lol
[11:25] {dino} john need a whoosh down imo
[11:25] {dino} psmt interesting
[11:26] {dino} met in 25s might be worth hit
[11:26] {dino} ice lod
[11:28] {dino} sybt drop, thin
[11:29] {dino} 8087, 1394, 869 wed lows
[11:29] {Threei} AIG rises againat the market
[11:29] {Threei} and makes new highs
[11:29] {Threei} let's just buy it and let it run?
[11:29] {dino} remember gaps below too, 8016, 1361, 855
[11:30] {BillyD} then it will go down vad
[11:30] {Threei} oh
[11:30] {Threei} lol
[11:30] {BillyD} it takes strong resolve in a market like this, especially with all the spikes, etc
[11:31] {dino} fwiw we are at end april levels
[11:32] {Threei} Long Setup: AIG .16 if stays above .10
[11:33] {Threei} too fast again?
[11:33] {magoo} in
[11:33] {BillyD} yes
[11:33] {BillyD} for me at least
[11:33] {Threei} half out mags
[11:34] {magoo} k
[11:35] {Threei} offer 1.4 more above .40
[11:35] {Threei} 1/4
[11:36] {magoo} out .35 TY 2k
[11:36] {Threei} :)
[11:37] {BillyD} gj magoo
[11:38] {dino} gj
[11:38] {fernp} Have to go. nice weekend to all. see you on monday
[11:38] {Threei} take care fern, have a great weekend
[11:38] {ese} cya fern
[11:40] {vinod} 09:44 vinod since I missed amzn going to be at 76
[11:41] {magoo} yea..remember
[11:41] {vinod} I have shorted 200 at 78.10
[11:41] {magoo} vad..another setup AIG long or short u see?
[11:42] {Threei} 50/50 mags
[11:42] {Threei} still holding vinod?
[11:42] {Threei} I would be out
[11:42] {Threei} market seems to be preparing bounce
[11:42] {vinod} yes, still holding i was on meeting
[11:43] {vinod} offered at 76.60
[11:44] {vinod} this is the only trade i did oday
[11:44] {Threei} good one too
[11:44] {vinod} ty-vad
[11:48] {BillyD} nice one vinod
[11:48] {dino} ande
[11:51] {Threei} timely cover IMO, vinod
[11:51] {dino} darn wynn
[11:54] {dino} sgr sm l .50
[11:55] {Threei} 1/4 more out AIG
[11:55] {Threei} sheesh, things take patience today
[11:56] {Threei} stop for the last piece is still there, under .10
[11:56] {Threei} not trailing it in this case, mostly because it was negligible to begin with
[12:06] {magoo} drat..exited AIG .41
[12:08] {Threei} offering .65
[12:08] {Threei} last piece
[12:08] {Threei} could still be too soon
[12:08] {Threei} but I lose ability to keep eyelids open
[12:09] {Threei} out
[12:09] {Threei} wheeeew
[12:09] {Threei} bet trade of the day
[12:09] {Threei} best
[12:10] {Threei} not accidenatally, most against the common sense one
[12:15] {dino} ande sm l .20jpm sm l .65
[12:16] {dino} ande filled while down hall
[12:17] {dino} apol sm off of .50 l
[12:37] {dino} out .65 ande +.45
[12:39] {Threei} AIG... lol
[12:39] {BillyD} went from .98 to .08
[12:40] {Threei} gutsy
[12:40] {jfjf64} didnt ya say we sd go long att hold it earlier
[12:40] {ese} am back on the other side........
[12:40] {Threei} I did... both say it and did it
[12:41] {Threei} you missed the trade??
[12:41] {jfjf64} no sold it
[12:41] {jfjf64} wish still hd piece
[12:41] {Threei} well... gotta sell somewhere...
[12:42] {jfjf64} yup
[12:43] {magoo} squeeze is ON
[12:43] {jfjf64} jpm l .66 it get s it this tm
[12:43] {magoo} AIG
[12:46] {magoo} AIG gonna go nuts
[12:46] {magoo} get opn a read vad
[12:47] {jfjf64} see what bonus do foe emplyes
[12:50] {dino} lol
[12:51] {Threei} Three Democrats and 14 Republicans wrote letter to Obama asking for probe of Fed's actions in BoA-Merrill Lynch merger deal - WSJ
[12:51] {Threei} - the bipartisan group asks that the Fed not be granted any new authority while questions about the Fed's role in the Boa-Merrill deal remain.
[12:51] {Threei} - reminder: Fed's Bernanke testified on the issue last month and seemed to largely refute and deflect the accusations of the Congressmen on the panel.
[12:51] {dino} and the shredders have been running since
[12:51] {Threei} lol
[12:53] {Threei} Treasury Sec Geitherner: Now is not the time to settle the future of the GSEs
[12:53] {Threei} Reiterates that a strong USD is in the interest of the US
[12:53] {Threei} sigh
[13:03] {Threei} Short Setup: AIG .40
[13:03] {Threei} if stays under .55
[13:04] {Threei} better yet
[13:04] {Threei} .45
[13:04] {Threei} short trigger
[13:05] {magoo} better yet ,50 long lol
[13:05] {jfjf64} comon
[13:07] {jfjf64} doesnt tk too much to confuse me
[13:07] {Threei} lol
[13:07] {Threei} short invaliadetd fo r now
[13:07] {Threei} long - I can't make this call
[13:07] {Threei} if you like it, you are on your own mags
[13:09] {jfjf64} lks lk trap to me
[13:18] {Threei} ok... trying
[13:18] {Threei} short half lot
[13:18] {Threei} stop above .70
[13:18] {Threei} will add half lot lower if find good spot
[13:19] {Threei} got .58
[13:21] {Threei} .46 to add second half
[13:21] {Threei} added
[13:21] {Threei} stop to above .60
[13:22] {BillyD} covered for scalp thx
[13:22] {Threei} :)
[13:23] {BillyD} if breaks .40 should drop good
[13:25] {Threei} covering half
[13:25] {Threei} .30
[13:25] {Threei} +.21
[13:26] {BillyD} nice one
06[13:26] * Threei slaps magoo around a bit with a large roll of cash
06[13:26] * Threei slaps jfjf64 around a bit with a large roll of cash
[13:29] {Threei} stop to .55
[13:30] {Threei} Treasury and SEC: SEC could forbid compensation that aims investors to inappropriate products
[13:31] {Threei} huh?
[13:31] {Threei} covering 1/4 more
[13:31] {Threei} .17
[13:31] {Threei} +.34
[13:33] {Threei} stop to above .40
[13:33] {Threei} suddenly shaopes up as a good day
[13:34] {Threei} who would have expected on Friday
[13:34] {BillyD} true
[13:34] {Threei} http://www.realitytrader.com/blog/2009/07/interesting-lifestyle-concept-fot.html
[13:41] {BillyD} charts stopped here
[13:41] {Threei} ok here
[13:41] {BillyD} been having that problem and L2 stopping as well lately
[13:42] {Threei} strange
[13:42] {Threei} no interruptions here
[13:42] {BillyD} yeah, T&S works
[13:42] {Threei} ould be yor connection or computer?
[13:42] {BillyD} PC has been overhauled
[13:43] {magoo} read aig vad
[13:43] {Threei} trying to understand whether it's worth another short
[13:43] {magoo} i thought long
[13:44] {magoo} seems loke momo
[13:44] {Threei} [13:07] {Threei} long - I can't make this call
[13:44] {Threei} [13:07] {Threei} if you like it, you are on your own mags
[13:45] {magoo} on pllbks
[13:45] {Threei} only on a very very deep one
[13:45] {magoo} afraid to go it alone lol
[13:45] {Threei} I mean, like $1 deep
[13:45] {Threei} or more
[13:46] {Threei} you traded my short?
[13:46] {magoo} ya ya
[13:47] {Threei} okay... then I am still on speaking terms with ya
[13:47] {magoo} for now
[13:47] {Threei} nothing's forever on this planet
06[13:48] * Threei slaps nemo around a bit with a large roll of cash
[13:48] {nemo} or in the Universe :)
[13:48] {Threei} elaboration:
06[13:48] * Threei slaps nemo around a bit with a large roll of cash nemo missed
[13:48] {nemo} did you turn that short around
[13:49] {Threei} since you went away we played it both long and short
[13:49] {Threei} both very nice
[13:49] {nemo} you take that $2 run out of aig?
[14:01] {Threei} funny... look at NOIZ
[14:02] {Threei} had news a minute ago so I looked
[14:02] {Threei} zero volume
[14:02] {Threei} if three of us decided to buy 100- shasres each, we would have sent it to 5 lol
[14:02] {Threei} 1000
[14:19] {dptl} have a good weekend all
[14:20] {nemo} so, does the ppt push the market above an 880 close on the S&P?:)
[14:22] {dino} cya dp
[14:22] {Threei} take care dp
[14:26] {dino} good question nemo
[14:31] {nemo} mmmmhhhh....friday afternoon in July?
[14:32] {nemo} no volume..surprise...and now GS got caught with their hands in the algo-manipulation cookie jar.
[14:33] {nemo} http://finance.yahoo.com/news/Panel-Banks-underpaying-govt-apf-1909715717.html?x=0
[14:47] {magoo} i anything vad?
[14:47] {nemo} coma
[14:47] {nemo} frickin aig
[14:48] {Threei} that's 4 bucks
[14:48] {Threei} and I called just 2
[14:48] {nemo} How could you be that wrong...
[14:48] {magoo} gonna be 5 bux ..13
06[14:48] * nemo slaps nemo around a bit with a large trout
[14:49] {nemo} say "thank you" Vad
[14:49] {Threei} thank you Vad?
[14:49] {Threei} it doesn't make sense for me to say it
[14:50] {nemo} sure it does...I busted your chops unfairly, and then whacked myself for it
[14:50] {Threei} no I mean, why would I thank myself?
[14:51] {nemo} I put "thank you" in quotes, as in you say it to me....what, am I talkin' to Magoo?
[14:51] {Threei} you assume I can read and know what quotes are and what they mean...
[14:52] {vinod} aig--all short decided to cover today?
[14:52] {nemo} see what happened to pot?
[14:53] {nemo} shhhhhhhh....Larisa's here
[14:53] {vinod} POT is smokig weeds
[14:53] {nemo} knew someone had to bite
[14:53] {larisa} hi guys :)
[14:54] {magoo} hey:)
[14:54] {Threei} larisa :)
[14:55] {larisa} enjoying the market ?
[14:55] {Threei} actually today we do
[14:55] {Threei} thanks to AIG mostly
[14:56] {larisa} yes, nice bounce
[14:57] {larisa} scalped it around 8.50 :) you got a lot from it ?
[14:58] {Threei} 2 shorts, one long
[14:58] {Threei} all more than scalp
[14:58] {larisa} nice
[15:05] {BillyD} AIG will not give a place of entry
[15:16] {Threei} well it did... did you take it?? :)
[15:17] {BillyD} got distracted with phone
[15:18] {BillyD} what did you see?
[15:18] {Threei} off 12
[15:18] {nemo} voume spike and holding support for 4 minutes
[15:18] {nemo} volume
[15:19] {nemo} might be a short coming up
[15:21] {Threei} 12 break?
[15:22] {nemo} held support again, what short...yeah
[15:22] {nemo} getting into that strange time of day though
[15:23] {nemo} what S&P at?
[15:23] {Threei} 874
[15:23] {nemo} mmmhhhhh
[15:24] {nemo} no man's land
[15:24] {nemo} oy
[15:24] {nemo} missed pot dbi
[15:30] {nemo} tempting
[15:30] {ese} am i still online
[15:30] {nemo} no
[15:31] {ese} funny
[15:31] {dino} no
[15:31] {nemo} wohoa
[15:31] {nemo} you take it Vad?
[15:32] {larisa} nice nemo
[15:32] {Threei} still in
[15:32] {nemo} nice call, but no cajones
[15:32] {nemo} your welcome
06[15:32] * nemo slaps nemo around a bit with a large trout
[15:32] {Threei} covering half
[15:37] {Threei} out in full
[15:37] {Threei} +.30
[15:37] {ese} vad dcc please
[15:38] {dino} amagsm l .00
[15:40] {dino} syno
[15:46] {dino} ppt
[15:46] {Threei} CFTC: Large speculators cut net long positions 62% in current week (related USO )
[15:46] {nemo} gotta' love it
[15:47] {nemo} drop
[15:47] {Threei} kill large speculators
[15:47] {ese} now thats one i haven't heard of PPT
[15:49] {nemo} ya' believe this
[15:49] {ese} this market coming back to even for a reason or what?
[15:50] {dino} sgr out .83, +.33
[15:50] {nemo} yeah...tape painting
[15:51] {dino} 880 200 dma; nemo had it right
[15:51] {nemo} 9 minutes left
[15:52] {nemo} but above 875 is still in the ball park
[15:59] {dino} out amag +.18 out jpm -.30
[15:59] {BillyD} take care everyone
[16:00] {larisa} bye :)
[16:00] {BillyD} long time no see Larisa :)
[16:00] {Threei} thank you all
[16:00] {larisa} hi Billy, have a great weekend!
[16:00] {Threei} have a great weekend
[16:00] {Threei} see you on Monday
[16:01] {ese} have a great weekend all
[16:01] {BillyD} u 2!
[16:01] {dino} hey larisa
[16:01] {larisa} hi dino! go home! :)
[16:01] {dino} well, i for one am glad tis week is over, perhaps ewarnings will get us out of these tight range days
[16:01] {dino} lol larisa, in an hour or so
[16:01] {larisa} :)
[16:04] {Alw} ty
[16:04] {magoo} bru dino?
[16:08] {dino} indeed
