Jul 23 2009

Not too many trades but just one small stop (which turned to be a shakeout) with a few nice wins. CAT, RIMM, AAPL and FOTB worked fine.

Session Time: Thu Jul 23 00:00:00 2009

[07:50] {BillyD} gm

[08:22] {Threei} Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET

[08:22] {Threei} - Expectations for initial claims are 557K v prior release of 522K (range seen from 500K to 600K)

[08:22] {Threei} - Continuing claims seen at 6.390M v prior 6.273M. (range seen from 6.200M to 6.860M)

[08:24] {BillyD} hi Vad, see any news on SAY

[08:25] {Threei} no

[08:25] {BillyD} ty

[08:28] {cosmo} SNDK tries to get back up off the floor

[08:28] {cosmo} watch for 18

[08:30] {Threei} Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET

[08:30] {Threei} - Expectations for initial claims are 557K v prior release of 522K (range seen from 500K to 600K)

[08:30] {Threei} - Continuing claims seen at 6.390M v prior 6.273M. (range seen from 6.200M to 6.860M)

[08:30] {Threei} INITIAL JOBLESS CLAIMS: 554K V 557KE; CONTINUING CLAIMS: 6.225M V 6.390ME

[08:32] {cosmo} SNDK needs to hold 17.50 ...for now

[08:59] {fernp} good morning everybody

[09:00] {Threei} fern :)

[09:00] {BillyD} hi fern

[09:05] {ese} good morning

[09:05] {Threei} ese

[09:06] {ese} fitb beats huge

[09:07] {Threei} Fifth Third Bancorp Reports Q2 $1.15 v -$0.34e (incl items) R$1.66B v $1.53Be (ex items)

[09:08] {Threei} Note: earnings include sale of approximate 51% interest in Fifth Third's processing business, resulting in a $1.8 billion pre-tax gain , or $1.1B after-tax gain

[09:19] {BillyD} Vad, what is on your radar

[09:20] {texus} morning all

[09:20] {dptl} good morning all

[09:21] {Threei} texus, dp :)

[09:21] {Threei} that's a good question Billy, I am trying to answer it for the last 5 min

[09:22] {dino} gm all

[09:22] {BillyD} nothing really sticks out....BCRX, SAY, OREX for short

[09:22] {BillyD} EBAY maybe

[09:25] {jfjf64} mornin all

[09:25] {Threei} dino, jf :)

[09:26] {Threei} well, FITB sticks out

[09:28] {cosmo} SNDK sticks in

[09:29] {Threei} lol

[09:29] {cosmo} 17.20 last nite fyi

[09:30] {_patel} good morning everyone

[09:31] {fernp} morning patel

[09:31] {Threei} patel :)

[09:34] {Threei} AMZN, watching for bounce

[09:34] {nemo} Double Top on FITB?

[09:35] {Threei} no... FITB is rather forming breakout pattern

[09:35] {Threei} AMZN too fast, couldn't alert in time

[09:36] {Threei} Long Setup: FITB 8.05

[09:36] {Threei} if holding above 7.90

[09:36] {magoo} morning

[09:36] {Threei} mags

[09:36] {magoo} what u got vad:)

[09:38] {Threei} FITB becomes bounce candidate, preferrably off 7.60

[09:38] {magoo} u see MEDX, i know news

[09:39] {Threei} buyout

[09:41] {jfjf64} fitb??

[09:41] {_patel} it is forming a cup. is it still valid for a long.

[09:42] {Threei} Long Setup: LLTC 27 break

[09:42] {Threei} if holding above ,90

[09:42] {Threei} FITB may reestablish itself as a break if not losing .90 anymore

[09:45] {Threei} LLTC no worky

[09:45] {magoo} SNDK crushed

[09:49] {fernp} ty Vad I am out FITB +.10

[09:49] {Threei} FITB, half out

[09:52] {Threei} 1/4 more out

[09:53] {Threei} stop for remaining portion to under 8

[09:54] {dino} sndk l .50 stop .35

[09:54] {cosmo} nice knife dino

[09:55] {magoo} missed rimm

[09:56] {nemo} LLTC

[09:56] {nemo} too late

[09:56] {Threei} shakeout...

[09:56] {wulff} Beautiful easy CAT missed

[09:57] {dino} to .70

[09:57] {wulff} was just going to write PALM 14 break

[09:57] {dino} lol cos

[09:58] {Threei} RIMM, pullback into 23.80 - .90 will be interesting

[09:58] {dino} out .70 sndk, +.20

[09:59] {Threei} existing home sales numbers are coming

[09:59] {nemo} probably going to be serious makeup on that pig

[10:00] {Threei} JUNE EXISTING HOME SALES: 4.89M V 4.84ME

[10:00] {Threei} (+3.6% M/M)

[10:00] {Threei} - prior revised from 4.77M to 4.72M

[10:00] {ese} dino ....opinions CELG

[10:01] {jfjf64} celg vad ya lk .75 break

[10:01] {Threei} if stays above .60

[10:03] {dino} wow esi -7, w big earnigs beat

[10:04] {ese} ya no rhyme or reason as per usual

[10:04] {jfjf64} lk hig 12.50 break after fact grrr

[10:04] {dino} ati l .45, stop .29

[10:06] {jfjf64} hgsi

[10:06] {Threei} watching RIMM, another leg down is likely here

[10:07] {Threei} BCRX

[10:07] {Threei} that's quite a pullback

[10:08] {ese} esi even raised guidance

[10:08] {Threei} tough thing though, didn't cooperate yesterday on bounces

[10:08] {BillyD} I tried at .03 and stopped on BCRX

[10:09] {ese} ati lookin good dino.....nice one

[10:10] {magoo} i keep missing AMZN entry

[10:10] {dino} out ati .68, +.23

[10:10] {wulff} Freaky CAT

[10:10] {Threei} no wonder mags

[10:10] {Threei} they all move in this manner today

[10:10] {ese} nice dino.....good one

[10:10] {jfjf64} nice dino

[10:11] {jfjf64} qcom

[10:11] {ese} hopefully on 25000 shs

[10:11] {Threei} pullbacks are not deep enough and breakouts are not what you want to play after such huge moves

[10:11] {Threei} look at RIMM

[10:11] {nemo} I guess the housing number made an impression

[10:11] {nemo} look at lltc

[10:12] {wulff} new houses for everyone!

[10:12] {jfjf64} mk ya wk today vad

[10:13] {BillyD} Vad, interested in BCRX if 8 is taken

[10:14] {wulff} SNDK .80 break

[10:14] {Threei} don't know what tyo say Billy

[10:14] {BillyD} same here

[10:17] {Threei} let's see: MS,

[10:17] {Threei} this breakout MUST be false

[10:17] {Threei} pullback into .60 is normal way now

[10:19] {ese} L altr .51

[10:19] {magoo} amzn read vad?

[10:19] {magoo} dow 9000

[10:19] {Threei} none mags

[10:20] {magoo} look SOMX

[10:20] {dino} crazy 12% straight up in markets

[10:21] {jfjf64} sndk vad??

[10:24] {Threei} don't see it as ling here jf

[10:27] {Threei} long I mean

[10:28] {Threei} US) Treasury Official: To tell China that recovery in the US will be slow, China can not rely on exports to the US for fast growth

[10:28] {Threei} - Reminder: US Treasury officials meeting with Chinese officals next week

[10:29] {Threei} RIMM

[10:29] {Threei} finally sizeable pullback

[10:29] {Threei} not sure on entry yet, watching

[10:31] {Threei} (CA) Bank of Canada Monetary Policy report: See recession ending in current quarter

[10:31] {Threei} - Have seen signs that US economic recession has reached its bottom

[10:31] {Threei} - Actions by the G20 have helped in recovery/stabilization of gloabal markets

[10:31] {Threei} - Commodities and weaker USD are seen as boosting CAD

[10:32] {Threei} NYSE volume 255M shares, about 8% below its three-month average; advancers lead decliners by 6.9:1.

[10:32] {Threei} - NASDAQ volume 715M shares, about 30% above its three-month average; advancers lead decliners by 2.9:1.

[10:33] {Threei} MS never gave that pullback

[10:34] {Threei} Long Setup: RIMM .50 break

[10:34] {Threei} if stays above .35

[10:35] {Threei} Long Setup: AAPL .50 break

[10:36] {Threei} stop under .30

[10:36] {Threei} AAPL 1:1

06[10:37] * Threei kicks RIMM in the rear

[10:38] {Threei} RIMM 1:1

[10:38] {magoo} out both TY

[10:38] {cosmo} AFFX 7.67 hod = high spike last nite fwiw

[10:38] {magoo} NICE

[10:38] {magoo} .65 rimm

[10:39] {BillyD} ty RIMM

[10:39] {BillyD} what a delay

[10:39] {_bradc} ty vad

[10:39] {Threei} welcome guys

[10:40] {Threei} yeah, that was a werid delay, usually it's more responsive

[10:40] {jfjf64} missed it

[10:40] {BillyD} reason I took the for sure 1:1

[10:40] {Threei} one one hand this kind of delay is a window of opportunity for entry,

[10:40] {wulff} rimm +.35

[10:40] {Threei} on another, if market turns before follower stock follows, can kill the play

[10:41] {Threei} overall, do realize guys:

[10:41] {Threei} tyhis kind of days with all their strength is not a best daytrading day

[10:42] {Threei} it's rather a day when investors having their positions sit back and smile

[10:42] {Threei} while we struggle to find entry

[10:44] {magoo} and weare conditioned to scalp out...and then mkts keep going..frustrates

[10:44] {Threei} LLTC, that was so rude

[10:45] {Threei} shae out by a few cents

[10:45] {Threei} then go 50

[10:45] {jfjf64} yup

[10:45] {_bradc} it did reward random bad behavior for those without stops,lltc

[10:45] {Threei} yup

[10:46] {Threei} that's how market gets you into thinking 'discipline hurts, I better abandon it"

[10:46] {wulff} you see HIG?

[10:46] {Threei} I do but I wish I didn't

[10:46] {wulff} easy.......

[10:47] {jfjf64} 12.50 ouchhhhhhhhhhhhhhhhhhhhhhhhhh

[10:48] {cosmo} AFFX tests 7.67 soon

[10:49] {cosmo} hmmm

[10:50] {jfjf64} tza l .21

[10:50] {nemo} rimm pulling back to support

[10:51] {jfjf64} die market die

[10:51] {Threei} {market} you don't like me... :(

[10:52] {cosmo} .... like 1999...

[10:55] {Threei} did you go for BCRX Billy?

[10:55] {BillyD} no

[10:56] {BillyD} was good setup but stock can frustrate you

[10:56] {_bradc} on a trending day like this would you be looking for pullbacks and play stocks in the general market direction?

[10:56] {BillyD} I took ver first break at .10 and sold last portion at .34

[10:56] {Threei} that's the idea brad

[10:57] {BillyD} you take BCRX Vad

[10:57] {Threei} no, lol

[10:57] {Threei} both AAPL and RIMM plays were structured just that way

[10:58] {ese} L altr...avg price .50

[10:58] {_bradc} ty

[10:58] {BillyD} It seems BCRX requiers more patience on entry

[11:00] {ese} altr breaking above 6 month high....this should take off

[11:00] {Threei} US TREASURY TO SELL $42B 2-YEAR, $37B 5-YEAR, $27B 7-YEAR NOTES AND $6B 20-YEAR TIPS

[11:04] {jfjf64} afl strong looks lk wants more

[11:04] {ese} there she blows....

[11:05] {jfjf64} dis hey mickey what uppppppppppppppp

[11:06] {wulff} was going to take RIMM.....40 stupid

[11:07] {ese} with the amount of people i saw in that park JF at the beginning of july.........it's profit.....thats whats up

[11:10] {BillyD} CKSW strong, if holds .10 & takes large .20 offer

[11:11] {Threei} Short Setup: HGSI .70 break

[11:11] {Threei} if stays below .85

[11:12] {Threei} .80 for scalpers

[11:12] {BillyD} no short

[11:12] {Threei} argh

[11:13] {BillyD} OREX is shortable although a pesky trader

[11:17] {jfjf64} altr ese yesssssss

[11:20] {ese} out altr .69 +.19 on 8k of it

[11:20] {wulff} looking for SNDK bounce

[11:20] {Threei} nice one ese

[11:22] {ese} tks....this one will be worth looking at over the next few days......good report and at 6 month high

[11:23] {magoo} lord vader..lets watch AMZN..nice pullbk in the making

[11:23] {dptl} hows charts on lazer ,Vad?

[11:25] {jfjf64} later guys gotta run

[11:25] {BillyD} cya jf

[11:25] {jfjf64} to da bank

[11:25] {Threei} take care jf

[11:25] {Threei} ro withdraw, to deposit or to rob?

[11:26] {jfjf64} later vad more pictures pls

[11:26] {Threei} just stopped dp

[11:26] {magoo} quote server 3

[11:26] {dptl} ty

[11:26] {magoo} chart i mean

[11:26] {BillyD} server # 1 works

[11:27] {Threei} yeah, restored

[11:31] {wulff} +.10 SNDK

[11:32] {dino} gj

[11:33] {dino} twm l .80, stop .60

[11:34] {magoo} um, lord vaderrrrrrrrrrrr

[11:35] {Threei} don't interrupt my grieving process mags... I am crying about HGSI short unavailability

[11:35] {Threei} because when this thing loses .60, you'll be crying too

[11:35] {magoo} VCI halted ..and has huge buy suide imbalance

[11:36] {magoo} RISKY as taking bacon off vads plate in vegas

[11:36] {cosmo} sqnm

[11:36] {Threei} Valassis Communications Inc Awarded $300M by Jury in lawsuit against First News American

[11:36] {Threei} - Company was awarded $300 million for compensatory damages in its lawsuit against News America Marketing (NAM), a subsidiary of News Corporation. In the trial, held in Michigan''s Wayne County Circuit Court before the Honorable Michael F. Sapala, Valassis claimed unfair competition and tortious interference by NAM. The jury''s verdict found NAM liable for both counts.

[11:36] {cosmo} 5.25 now

[11:37] {wulff} OK, a bit hasty sell on SNDK

[11:37] {magoo} im crying over AMZN bounce

[11:38] {magoo} RIMM holds

[11:38] {dino} twm stopped

[11:39] {wulff} needed to greedier

[11:39] {Threei} OK, grieving process is over

[11:40] {magoo} pass me a box of tissues

[11:40] {Threei} used them all, sorry

[11:41] {Threei} HGSI Hearing Piper Jaffray making positive comments

[11:41] {magoo} we need a walmart run

[11:41] {Threei} ALTR continues climbing aslowly

[11:41] {magoo} focus on AMZN please please..not saying takeit yet..BUT lets start watching it hard

[11:46] {magoo} VCI open

[11:46] {magoo} BOOM

[11:48] {magoo} QCOM moving

[11:51] {ese} l fitb .08

[11:53] {Threei} CH) US Treasury Official: China seems to be more willing to take action to "permanently reduce" its trade surplus

[11:53] {Threei} - FX rate is one tool for economic rebalancing that will be discussed with China.

[11:54] {magoo} [11:36] {magoo} VCI halted ..and has huge buy suide imbalance

[11:54] {magoo} [11:36] {magoo} RISKY as taking bacon off vads plate in vegas

[11:54] {Threei} I don't know why you limited it to vegas

[11:54] {Threei} trust me, it's just as risky in Skafway

[11:55] {Threei} Skagway

[11:55] {magoo} i know..i lost a finger in skagway remember?

[11:55] {Threei} ok, that wasn't me, lol

[11:57] {magoo} coulda been...tough accent..ungroomed..caring bottle of vodka..u sure

[11:57] {Threei} AMZN if anything, starts looking like short to me

[11:58] {ese} out fitb .15 +.07 don't even ask the shs

[11:58] {magoo} how many?

[11:58] {nemo} How many ese?

[11:59] {ese} 20

[11:59] {nemo} oh jeez

[11:59] {nemo} with a ,000 right

[11:59] {ese} right

[12:00] {ese} pattern that i reconized very well

[12:00] {magoo} roflol..says dont ask...look which two ask

[12:01] {ese} that is funny

[12:01] {BillyD} lol

[12:01] {BillyD} very

[12:01] {magoo} within seconds of each

[12:01] {Threei} so, when they say with some people the best way to make them jump from the bridge is to say it's forbidden...

[12:02] {Threei} we know who those "some people" in this room are right?

[12:02] {ese} thats even funnier

[12:02] {BillyD} room offers plenty of humor in slow periods

[12:02] {ese} definetly!!

[12:04] {magoo} HGSI ballistic cross 14

[12:04] {magoo} RIMM strong

[12:12] {magoo} sick cross RIMM..was .11 blew out shares .34 never saw it

[12:13] {magoo} thats why lay out

[12:22] {_bradc} Vad it seems that you have a real good feel for RIMM, is it one of your favorites?

[12:27] {Threei} well

[12:27] {Threei} it's just one of the most active stocks with obsevable patterns

[12:27] {wulff} when it works, yes

[12:28] {Threei} and more often than not it follows them

[12:29] {ese} L fitb .20

[12:31] {ese} out fitb .26 +.06

[12:31] {Threei} brad... see what ese is doing?

[12:31] {Threei} same setup based on the same chart pattern

[12:31] {Threei} time and again

[12:31] {magoo} ese, whos your broker?

[12:32] {_bradc} jump base explosion breaking .20, stop below .12

[12:32] {ese} watching ^compx as well...saw the comp shoot up...good possiblity that fitb was going to follow

[12:33] {ese} piece of sh&^% broker out of Toronto "Questrade"

[12:34] {magoo} u doinmg massive shares..so is commission killing u?

[12:34] {ese} no

[12:34] {magoo} 5 traders of 20k, 100k shares at 8/1000'

[12:35] {magoo} 800 bux commission..u pay l;ess?

[12:35] {ese} let me see if i can figure it out

[12:35] {BillyD} 160

[12:35] {Threei} mags... get filled on the offer, your commissions go down significantly

[12:35] {magoo} no no, i know ..was wondering his..just thruy oput example

[12:36] {Threei} liquidity rebate is a godsend for this kind of trading

[12:37] {ese} here it is mags

[12:37] {ese} http://www.questrade.com/pricing/default.aspx

[12:38] {wulff} free trades on Wednesdays

[12:38] {BillyD} ese, so 9.95 per 20K shares right?

[12:38] {ese} yup

[12:38] {BillyD} smoking deal

[12:39] {ese} ya but the service and sometimes the fills aren't what they should be

[12:39] {BillyD} what is Amerotrade?

[12:39] {Threei} plus ECN

[12:39] {Threei} have a look:

[12:39] {Threei} http://www.questrade.com/pricing/exchange_ecn_fees.aspx

[12:40] {wulff} 9.95 for anything Amer.

[12:40] {Threei} no rebate for adding liquidity, charge for removing it

[12:41] {BillyD} so on ARCA would be about 89.95 for 20K

[12:42] {wulff} scalping on Amer can be expensive

[12:42] {ese} can be

[12:43] {Threei} I don't get it ese

[12:43] {wulff} for less than several thousand shares

[12:43] {Threei} this doesn't look like a good deal to me at all, honestly

[12:44] {BillyD} Ameritradde is 9.99 for 10K shares & do not see any ecn fees

[12:44] {Threei} yeah... wanna try that? :)

[12:44] {wulff} all told, do you average about 5$ a trade or so

[12:44] {wulff} ??

[12:44] {ese} your probably right vad i haven't sat down and crunched the numbers.....but hope to do that...have been considering broker change

[12:45] {wulff} no eCN w/ amer

[12:46] {Threei} guess why wulff

[12:46] {wulff} why?

[12:46] {Threei} hint: your fill prices are, ummm

[12:46] {ese} l fitb .25

[12:46] {wulff} I have not had any trouble actually

[12:46] {Threei} lwt's call them sub-optimal

[12:47] {wulff} just expensive

[12:48] {ese} oh oh ...should be following compx here but isn't.....oh oh

[12:48] {Threei} or just delay

[12:51] {Threei} policeman from Cambridge lashes out at president for wading into incident

[12:51] {Threei} really, I can't believe he did that

[12:51] {ese} out 1/2

[12:51] {Threei} labeling police action "stupid" and tying it into racial issues without knowing what happened there

[12:51] {ese} .22 -.03

[12:51] {nemo} He's probably getting screwed in the deal. That Harvard professor has made a career out of racial studies

[12:52] {nemo} they're buddies of Obama

[12:52] {Threei} yeah

[12:52] {Threei} but jeez, don't you expect more impartiality from president??

[12:52] {nemo} There's big money in the PR from this one

[12:52] {nemo} Yeah Right Vad...

[12:54] {Threei} 53% Now Oppose Congressional Health Care Reform

[12:54] {Threei} Just 25% Now Say Stimulus Has Helped The Economy, 31% Say it Hurt

[12:54] {Threei} 53% Say Obama is Partisan Democrat

[12:54] {Threei} and for a good measure:

[12:54] {Threei} 64% Say Baseball Players Today Are More Skilled Than 50 Years Ago

[12:54] {Threei} lol

[12:55] {Threei} good exit ese

[12:55] {Threei} you have highly developed feel of danger

[12:56] {BillyD} that is good fear stimulus

[12:57] {ese} tks

[12:58] {Threei} relentless climb continues

[12:58] {Threei} not my type of day at all

[12:59] {Threei} I am glad to be at all positive on this k,ind of days

[13:03] {_bradc} what kind of days do you prefer?

[13:04] {magoo} i prefer profitable days

[13:04] {Threei} lol

[13:04] {Threei} trending days are good, but there are different kinds of trend movement

[13:05] {Threei} what we have today is just straight slow up with no meaningful pullbacks

[13:05] {Threei} in this kind of movement you rarely find entry

[13:07] {Threei} Reid said no vote on health care bill untill they come back fromAugust recess

[13:10] {_bradc} do you measure your pull backs with a method like fibbonaci retracement or something else?

[13:11] {Threei} not really although when I look at my preferrable entries, they more often than not coinside with Fib levels

[13:26] {Threei} Long Setup: CAT .37

[13:26] {Threei} if stays above .25

[13:33] {patience} patience is waiting to put some money to work.....got bills to pay....what to do, what to do

[13:36] {BillyD} NDX C&H

[13:37] {dino} dino is mesmerized that no pullbacks have occured. really limiting opportunities for my style

[13:37] {nemo} cat not moving with the market

[13:38] {magoo} in cat

[13:38] {Threei} I wanted to kick CAT in the rear but then realized it would be brutality toward animal

[13:39] {fernp} in CAT too

[13:39] {magoo} l amzn too here

[13:39] {Threei} here kitty kitty kitty

[13:43] {Threei} I like cats

[13:43] {BillyD} allergic to them, but ok here from a distance

[13:43] {Threei} not sure about potwential guys, maybe let's lighten up here

[13:45] {BillyD} out here thx Vad

[13:47] {magoo} out .47 TY DL

[13:47] {magoo} in .33

[13:48] {magoo} stoppedamzn

[13:49] {fernp} ty Vad. out .47

[13:50] {Threei} :)

[13:55] {BillyD} you sell all CAT Vad

[13:55] {Threei} half

[13:55] {Threei} offering second half .55

[13:56] {BillyD} lol.......just want taht extra penny

[13:56] {BillyD} new high

[13:57] {Threei} stop under .30, I am safe here

[13:57] {Threei} under .40, sorry

[13:58] {magoo} held well

[13:58] {BillyD} our friend BCRX

[13:58] {Threei} your choice of friends, Billy...

[13:58] {Threei} Fed's Fisher: Inflation is not an issue in the short term; concerned about inflation pressure

[13:58] {Threei} - sees Shipping and Rail sectors will be leading indicators.

[13:58] {Threei} - notes financial markets are showing a better tone.

[13:59] {wulff} +.40 CTRP

[13:59] {BillyD} lol

[13:59] {Threei} okay CAT, I got it

[13:59] {Threei} you no likey to be milked

[14:00] {Threei} BCRX new high

[14:00] {Threei} no news

[14:00] {Threei} shrug

[14:00] {Threei} just buy damn thing and put sell at 9, lol

[14:00] {BillyD} and stop 7.5

[14:00] {wulff} been watching that all day

[14:01] {wulff} turned my head one minute

[14:02] {wulff} VAD, got a speeding tkt in Bellingham

[14:02] {Threei} yikes

[14:02] {wulff} $150

[14:02] {wulff} 40 in 25

[14:04] {Threei} be back in 20

[14:09] {BillyD} CKSW any news for drop

[14:14] {fernp} no news in DJ news Billy

[14:14] {BillyD} ty fern

[14:14] {BillyD} I couldn't enter w/out knowing with that continous drop

[14:30] {Threei} Wednesday, July 22, 2009 3:03:32 AM

[14:30] {Threei} Click Software Reports Q2 $0.09 (adj) v $0.07e, R $14.4M v $13.7Me

[14:31] {Threei} Treasury sends proposal for resolution authority to Congress

[14:31] {Threei} - plan would give the Treasury the power to appoint the FDIC or SEC to rescue or unwind failed financial firms.

[14:31] {Threei} - seizure of a large firm would have to be authorized by a two-thirds vote of the Fed, FDIC and SEC boards followed by Treasury approval.

[14:31] {Threei} - banks with more than $10B in assets would pay examiner fees based on their size and complexity.

[14:31] {BillyD} thx Vad....

[14:32] {Threei} guess who is on TV

[14:36] {magoo} thought CAT had more..held real well

[14:36] {Threei} yeah but sdrop under original entry was not good for holding

[14:36] {Threei} reentry was possible of course...

[15:01] {ese} he is not.....he is skulking..........fitb

[15:01] {magoo} .

[15:04] {magoo} ..

[15:05] {ese} ...-- ..-- .-. morse code maybe

[15:06] {magoo} hey..why u still here?

[15:06] {magoo} lol

[15:06] {ese} still have 10k of fitb that i'm watching

[15:07] {ese} will exit at the end of the day

[15:20] {dptl} have a great evening all

[15:20] {Threei} take care dp

[15:21] {BillyD} Vad, that kitty cat makes me want to put the boots on

[15:21] {Threei} PETA is watching Billy

[15:21] {BillyD} lol

[15:22] {ese} see ya dp

[15:34] {Threei} CAT lost all connection to the market

[15:34] {magoo} CAT not even flinching with mkt pullbk

[15:34] {Threei} to Earth

[15:34] {Threei} to Solar system

[15:34] {Threei} to reality

[15:34] {Threei} to gravity

[15:39] {dino} .

[15:40] {Threei} second day I have this feeling that BCRX is far from done, and it does go up,

[15:40] {Threei} but does it in a way that I can't grasp

[15:41] {BillyD} smart $ accumulating it seems

[15:41] {BillyD} or manipulated $ building for secondary

[15:43] {BillyD} it doesn't matter, no read, no play

[15:48] {Threei} okay guys, going to call it a day

[15:48] {Threei} no intention to force any trades on last minutes

[15:48] {Threei} have a good evening, see you tomorrow

[15:48] {BillyD} bye vad

[15:48] {fernp} good nite all

[15:49] {magoo} ty bossasaurus