Wednesday, September 2, 2009

Sep 02 2009

Very narrow and mostly boring day. Small stop, small win, small stop, small win... One of those transitional days, not here nor there.

Session Time: Wed Sep 02 00:00:00 2009

[07:41] {nemo} morning mags
[07:41] {magoo} morning
[07:42] {magoo} hey cap'n
[07:42] {nemo} first chill of autumn in the air up here...time to put stands out
[07:43] {nemo} aig still not available to short
[07:43] {magoo} u live maine right?
[07:44] {nemo} no mass, was up in Maine for a few days
[07:45] {nemo} saw a buck herd out behind our local post office last week
[07:51] {magoo} nice..i luv this time of year, live n.e.pa
[07:51] {nemo} yeah, fall is my favorite
[07:52] {magoo} take a look VG, news last nite
[07:52] {nemo} Itunes?
[07:53] {magoo} something with aapl
[07:53] {nemo} Yeah, Itunes Application store
[07:53] {Threei} Vonage Holdings Inc. Mobile application approved for iTunes app store
[07:53] {Threei} - The company has announced that Apple approved its mobile application for iPhone and iPod Touch.
[07:53] {Threei} - Vonage is currently conducting a beta test and general availability will be announced at a later date.
[07:53] {Threei} - Reminder: The stock traded higher last week on a report it was preparing an app for the iPhone.
[07:53] {Threei} good morning
[07:54] {nemo} morning
[07:54] {magoo} hey, there he is..morning?
[07:54] {magoo} BP announce giant oil discovery ion gulf mehico
[07:55] {Threei} giant as in oil can go to 20 now?
[07:56] {Threei} HOLX is funny
[07:56] {Threei} jumped to 19 yesterday after hours on news
[07:56] {Threei} and trades all the way back down in the morning
[07:57] {magoo} working theory for today vad..just want your gut feel
[07:57] {Threei} none yet
[07:57] {Threei} not enough input
[07:58] {magoo} well...that was a big volume sell off
[07:58] {Threei} selling of last days is inconclusive yet
[07:58] {Threei} look at daily for Dow on NASDAQ over lasy months
[07:59] {Threei} there is nothing happend yet that wouldn't happen a few times
[07:59] {Threei} and each time market resumed upward
[08:00] {Threei} as much as market looks ripe for serious correction if not large selloff... we don't have enough confirmation yet that this is indeed the case
[08:00] {Threei} selling on good numbers is a good indication
[08:00] {Threei} just not enough yet.... kind of balanced out by the fact that everyone predicts reversal
[08:01] {Threei} so... I am on the fence as of right now
[08:03] {nemo} electric fence?
[08:03] {nemo} barbed wire?
[08:03] {Threei} VION Announces results of the Oncologic Drugs Advisory Committee (ODAC) (2.60, 0.00, 0.00%)
[08:04] {Threei} VION Oncologic Drugs Advisory Committee voted 13-0 in favor of completion of a randomized study prior to approval (2.60, 0.00, 0.00%)
[08:04] {nemo} Interesting, was watching a video from head of research at Trim Tabs...corporate/insider stock selling versus buying is at a ratio of 30:1 which is as high as they see it
[08:11] {magoo} LVS vad..news?
[08:12] {Threei} no, not since Aug 30
[08:12] {Threei} LVS Has hired Barclays and Goldman Sachs to work on $2.5B Hong Kong IPO - South China Morning Post
[08:12] {Threei} wasn't much reaction back then
[08:14] {Threei} ADP AUG EMPLOYMENT CHANGE: -298K V -250KE
[08:15] {nemo} whoa
[08:15] {Threei} Prior revised from -371K to -360K
[08:15] {Threei} time for president to stop vaction maybe?
[08:15] {Threei} vacation
[08:16] {nemo} what, so he can go back to washington and nationalize another industry?
[08:16] {Threei} for starters
[08:16] {Threei} then tell us how green shoots are greening and shooting,
[08:17] {Threei} then suggest second stimulus package
[08:17] {nemo} yeah, just didn't tell you they were poison ivy
[08:18] {Threei} Preview: Q2 Final Nonfarm Productivity and Unit Labor Costs due at 8:30am
[08:18] {Threei} Consensus expectations:
[08:18] {Threei} - Nonfarm Productivity: 6.4% vs 6.4% prior.
[08:18] {Threei} - Unit Labor Costs: -5.8% v -5.8% prior.
[08:18] {Threei} something on LVS
[08:19] {Threei} Las Vegas Sands Corp Enters into Venetian Venture Development with Goldman Sachs (Asia) L.L.C. (the Placement Agent) in connection with the proposed issuance of up to US$600,000,000
[08:30] {Threei} Q2 FINAL NONFARM PRODUCTIVITY: 6.6% V 6.4%E; UNIT LABOR COSTS: -5.9% V -5.8%E
[08:55] {Threei} LVS Shares raised to Buy from Hold at Argus, price target $18 (52.45, 0.00, 0.00%)
[08:55] {Threei} CFTC's Gensler: there are currently significant gaps in regulation, some overlap may be beneficial, but harmonizing CFTC and SEC regs will be challenging
[08:58] {dino} gm all
[08:58] {Threei} dino :)
[09:01] {dino} bp giant oil discovery in gulf
[09:02] {nemo} [07:55] {magoo} BP announce giant oil discovery ion gulf mehico
[09:02] {nemo} [07:55] {&Threei} giant as in oil can go to 20 now?
[09:02] {nemo} mags beat you to it Dino
[09:03] {dino} indeed
[09:03] {dino} better not tho, i'm for nat. gas
[09:06] {brian3579} gm
[09:06] {nemo} hello
[09:06] {Threei} brian :)
[09:06] {larisa} good morning
[09:07] {Threei} larisa :)
[09:07] {larisa} :)
[09:10] {fernp} good morning everybody
[09:10] {Threei} fern :)
[09:16] {nemo} faz Vad?
[09:16] {Threei} ?
[09:18] {ese} morning
[09:18] {Threei} ese :)
[09:18] {ese} morning vad
[09:19] {Threei} we are in for another election
[09:19] {ese} yup...looks that way
[09:19] {ese} spending more tax payers money
[09:20] {ese} wouldn
[09:20] {ese} wouldn't happen in Denmark
[09:21] {Threei} ah, there is something else is rotten over there
[09:22] {Threei} SVA
[09:22] {Threei} 10 break maybe
[09:22] {Threei} jumpy at the open...
[09:24] {bluejet} GM
[09:24] {Threei} bluejet :)
[09:25] {Threei} nice offer by EDFX
[09:25] {Threei} if takern, has a good chance
[09:26] {Threei} SVA Announces Supply Agreement with Boryung Pharmaceutical Company Limited in South Korea for H1N1 vaccine
[09:26] {Threei} - (10.46, 0.00, 0.00%)
[09:27] {dino} need coffee
[09:32] {brian3579} .
[09:33] {Threei} AXL Hearing analysts at Buckingham making positive comments in the name (timing uncertain) (5.64, +0.08, 1.44%)
[09:36] {Threei} Long Setup: AXL .40 break
[09:36] {Threei} stop under .30
[09:37] {ese} watching nvda
[09:39] {Threei} no worky AXL
[09:39] {fernp} yeah
[09:41] {magoo} f bouncer vad?
[09:41] {Threei} can't tell
[09:42] {ese} l nvda .22
[09:42] {nemo} nice ese
[09:43] {ese} out nvda .27 +.05
[09:44] {ese} tks nemo.....old form there
[09:45] {nemo} axl showing potential for rudeness
[09:45] {Threei} Long Setup: SVA 9 break
[09:45] {Threei} stop under .85
[09:47] {nemo} teleport
[09:47] {Threei} 1:1
[09:47] {fernp} ty vad
[09:47] {Threei} :)
[09:49] {dino} jerky market
[09:50] {Threei} rude AXL, rude
[09:50] {nemo} axl was rude
[09:52] {Threei} AIG tru to the form
[09:53] {dino} cisg sm l .73
[09:54] {dino} intc l .80
[09:57] {Threei} watching RIMM for sharp dive into 74 - 74.10 area for entry
[09:58] {Threei} get ready
[09:58] {Threei} in
[09:59] {Threei} .95 stop
[09:59] {magoo} in
[09:59] {Threei} *JULY FACTORY ORDERS: 1.3% V 2.2%E
[09:59] {Threei} - prior revised from 0.4% to
[09:59] {Threei} - no revisions (related SPY SHY EUR/USD )
[10:00] {Threei} crap
[10:00] {dino} fast drop
[10:00] {Threei} numbers
[10:00] {nemo} whoa
[10:01] {Threei} held quite well RIMM
[10:01] {nemo} only .02 below stop
[10:02] {Threei} on a fast bar
[10:02] {Threei} and immediate up
[10:02] {nemo} yeah, excellent strength
[10:02] {nemo} qs bounce back too
[10:03] {nemo} oil up next
[10:03] {Threei} kind of discretionary decision
[10:03] {nemo} what, rimm?
[10:03] {Threei} we have any other position?
[10:04] {nemo} I have enough problem with fog
[10:04] {Threei} OK, no morfe discretion
[10:04] {Threei} stopped
[10:04] {fernp} yup
[10:05] {nemo} that was rude of rimm
[10:06] {Threei} WFC green
[10:07] {fernp} HIG strong too
[10:07] {Threei} I guess traders realized it's not going under
[10:07] {nemo} very rude rimm
[10:07] {fernp} in HIG stop under .20
[10:08] {magoo} q server vad?
[10:08] {Threei} 6
[10:08] {magoo} ty
[10:08] {ese} the market!!!!!! is it UP....or is it down!!!!!
[10:08] {Threei} good question ese
[10:09] {nemo} as Dino said, jerky
[10:09] {Threei} I start thinking I shouldn't have turned down subscription for tomorrow's WSJ...
[10:09] {Threei} if I am hard pressed to make a prediction for today:
[10:10] {Threei} green, and nicely green
[10:10] {Threei} nice HIG
[10:10] {brian3579} fern what was your entry in hig?
[10:11] {Threei} my guess is .40 break
[10:11] {fernp} .41
[10:11] {Threei} :)
[10:11] {fernp} exit .67
[10:11] {brian3579} ty
[10:11] {brian3579} nice
[10:12] {fernp} ty
[10:12] {Threei} RIMM... you just had to do that, didn't you
[10:13] {nemo} first axl, now rimm, and of course SVA is following
[10:14] {Threei} SVA wasn't rude
[10:14] {Threei} SVA worked
[10:14] {Threei} not as spectacular as it's capable of
[10:15] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 10:30amET
[10:15] {Threei} **consensus expectations:
[10:15] {Threei} Crude: -1Me
[10:15] {Threei} Gasoline: -1Me
[10:15] {Threei} Distillate: +1Me
[10:16] {Threei} FDIC's Bair: bank failures will continue into 2010
[10:16] {Threei} oh good
[10:16] {ese} L ACAD .21
[10:16] {Threei} sees more failures in 2009 than in 2010 - radio interview
[10:17] {ese} higher low principal
[10:17] {nemo} Kinda' makes sense...when you lose enough of a sample size, there are already less to die next year
[10:18] {nemo} sva Vad, don't look
[10:19] {Threei} wasn't going to
[10:19] {Threei} more interested in WFC/HIG
[10:19] {Threei} argh
[10:20] {Threei} HIG was establishing .30 - .40
[10:20] {Threei} then just teleported
[10:21] {ese} dino....acad is kinda your specialty......really dumped yesterday....what are chances of follow through 2nd day
[10:21] {ese} my 15min chart is lookin good for higher follow through
[10:22] {ese} just looking for your opinion
[10:22] {dino} drug fails, don't like it
[10:23] {ese} tks......
[10:23] {ese} will not hang around long then
[10:23] {dino} gl
[10:23] {ese} give me a few cents and i;m outa there
[10:24] {Threei} WFC could be today's surprise
[10:24] {Threei} let's try to catch pullback on it
[10:24] {Threei} under .60 would be nice
[10:26] {Threei} first strength from here
[10:26] {Threei} wioth stop under .50
[10:27] {Threei} BAC Reportedly TALF deal has been increased in size (16.24, -0.21, -1.28%)
[10:27] {Threei} in
[10:27] {Threei} .55
[10:27] {fernp} .56 here
[10:28] {Threei} don't even think about it WFC
[10:28] {Threei} sigh
[10:28] {dino} cisg out .77, +.04
[10:29] {Threei} oil numbers in a few sec
[10:30] {Threei} DOE CRUDE: -372K V-1ME
[10:30] {ese} interesting action on acad dino....market heading down and it's holding up ok......am ready to dump instantly though
[10:30] {Threei} GASOLINE: -2.97M V -1ME
[10:30] {Threei} DISTILLATE: +85 V+1ME
[10:31] {Threei} 15 pooints range
[10:31] {Threei} Market Internals update at 10:30amET
[10:31] {Threei} - NYSE volume 350M shares, about 35% above its three-month average; decliners lead advancers by 1.8:1.
[10:31] {Threei} - NASDAQ volume 525M shares, about 3% below its three-month average; decliners lead advancers by 1.2:1.
[10:32] {Threei} .35 long WFC
[10:33] {Threei} if holding .30
[10:34] {dino} fele\
[10:35] {Threei} GERN Hearing takeover chatter circulating
[10:35] {Threei} - Novartis rumored as potential acquirer (7.00, +0.18, 2.64%) (related NVS )
[10:35] {ese} out acad .19 -.02
[10:37] {dino} fele sm l .25
[10:38] {dino} things' messed up
[10:39] {Threei} you don't say
[10:39] {ese} gutsy entry dino
[10:39] {Threei} starting from 1913
[10:41] {ese} l nvda .20
[10:43] {Threei} WFC 1:2, out
[10:43] {Threei} playing catchup today
[10:43] {magoo} out .47 TY vad
[10:43] {Threei} stop, comeback, stop, comeback
[10:44] {nemo} do-over
[10:44] {Threei} noticed the pattern?
[10:44] {Threei} happened about two-three times this year,
[10:45] {Threei} when the market undergoes some serious change, we have about 3-5 days of lacklustre performance,
[10:45] {Threei} then adapat
[10:45] {Threei} or adapt
[10:45] {nemo} yes
[10:45] {dino} or die
[10:45] {nemo} great performance the last couple of weeks but the markets were showing momentum shifts
[10:46] {dino} below average for me
[10:47] {larisa} is DRYS waking up ? :)
[10:47] {Threei} no news that I see
[10:58] {Threei} RIMM...
[10:58] {magoo} yea?
[10:58] {Threei} lol
[10:58] {Threei} well
[10:58] {Threei} classic setup is .40 break
[10:58] {Threei} requires market breakout
[10:58] {Threei} and new highs
[10:59] {Threei} which I strongly suspect is what is going to happen
[10:59] {Threei} just not sure whether it's now or after couple more chakeouts
[10:59] {Threei} look at AXL
[11:01] {Threei} maybe better try aggressive entry on RIMM
[11:01] {Threei} .25
[11:01] {magoo} read my mind
[11:01] {Threei} stop under .15
[11:02] {magoo} .26
[11:02] {nemo} teleport
[11:06] {Threei} sigh
[11:06] {Threei} annoying
[11:06] {fernp} weird dayv
[11:06] {Threei} very'
[11:06] {Threei} narrow range
[11:08] {magoo} .
[11:09] {Threei} MX) Mexico Pres Calderon: Must extend health care to all citizens; aiming for major reforms
[11:09] {Threei} what is it, healthcare =reform time all around the globe?
06[11:10] * magoo slaps laserdave around a bit with a large trout
06[11:11] * Threei slaps laserdave around a bit with a large question mark on quotes
[11:11] {magoo} system wide vad
[11:11] {laserdave} careful with laser guys
[11:12] {laserdave} having an issue they are working on
[11:12] {laserdave} we are back on now
[11:12] {laserdave} they are doing updates to fix things later tonight
[11:15] {Threei} CFTC's Gensler: Committed to bring entire OTC derivatives market under regulation with the SEC (related USO UNG )
[11:15] {ese} think i may dable in ACAD again.....i'm likin the narrow .05 consolidation range a la vads book
[11:25] {fernp} .
[11:26] {ese} L acad .21
[11:32] {dino} syno bloody
[11:35] {Threei} out of all shakeouts today AXL irritates me the most
[11:35] {Threei} that was my "bigger move ticket"
[11:35] {Threei} and it does just that
[11:35] {Threei} after getting rid of us of course
[11:35] {ese} out acad .27 +.06
[11:36] {ese} out nvda .31
[11:36] {ese} +.10
[11:43] {ese} like scraping for gold in granite with a salad knife today
[11:44] {dino} agree
[11:47] {dino} mdco spiking
[11:48] {ese} nice steady move with that stock
[11:48] {Threei} salad knife would be fine... with one's teeth is more like it
[11:49] {ese} indeed
[11:52] {Threei} wow... life has migrated to some other pl\anet
[11:53] {dino} syno gap fill from may
[11:54] {ese} theres always a comic in the crowd
[11:54] {nemo} why you say that ese?
[11:55] {ese} alright i'll liven things up.....just bought 100000 shs of drys at .80
[11:55] {ese} just kidding............
[11:56] {nemo} 100k?
06[11:56] * larisa slaps ese around a bit with a large trout
[11:57] {ese} I am gonna go long on it though at some time........have been watching it for a while....5.60 seems to be a botom for it
[12:02] {Threei} Fed's Lockhart: US economy is recovering but the pickup in pace will not be that strong; consumer spending remains cautious, too early to declare victory
[12:02] {Threei} let me get this straight
[12:02] {Threei} they are discussing the TIMING of victory announcement?
[12:03] {Threei} just go to a aircarrier and say Mission accomplished
[12:04] {ese} well indeed yes......we as traders need the exact date and in particular the hour of that date.........i would expec t nothing less
[12:05] {dino} and i prefer not to know
[12:05] {nemo} Interesting...just got an email...do I want to know the day of Jesus' return?
[12:06] {nemo} I'll settle for a couple of stock picks
[12:06] {dino} i just want the multiple daily announcements to stop
[12:06] {ese} how does one expect to function ounder these conditions anyhow...(say that with slight british accent)
[12:06] {nemo} Was that quote server 6 Vad?
[12:06] {dino} the govt treats these things like twitter
[12:06] {nemo} Dino, at least you know who isn't on TV
[12:07] {dino} thankful for that
[12:07] {nemo} mags...eyes right
[12:07] {ese} in the red, in the green, in the red, in the green, in the red , in the green ....and now back in the red....sheesh.....how does one expect to function under these conditions
[12:08] {ese} Vad DO something about this will you!!!!
[12:08] {nemo} use stochastics?
[12:08] {nemo} I think ese is becoming unhinged (in British accent)
[12:09] {dino} joyg drop
[12:09] {ese} big drop
[12:13] {nemo} FOMC meeting today
[12:17] {nemo} gold up almost $20
[12:21] {ese} L nvda .20
[12:23] {ese} Out nvda .26 +.06
[12:24] {nemo} wow alot o support for nvda between .21-.23
[12:25] {ese} yes.... i think so
[12:26] {fernp} WU if breaks .70 could give us a 5 cents scalp
[12:28] {nemo} volume actually reasonable considering how dormant the market
[12:30] {magoo} AIG big player again
[12:30] {magoo} not in now
[12:30] {magoo} RISKY
[12:38] {Threei} hmm
[12:38] {Threei} pace pickup
[12:42] {Threei} .50 break
[12:42] {Threei} risky as drinking magoo's beer
[12:43] {fernp} stop ?
[12:43] {Threei} under .30
[12:43] {nemo} tht's a visual
[12:43] {magoo} u do not wanna do that
[12:43] {nemo} amzn might be bottoming
[12:44] {ese} l nvda .27
[12:46] {fernp} .46 in .66 out TY Vad
[12:46] {Threei} half out
[12:46] {Threei} .73
[12:47] {Threei} gnawing our way back fern :)
[12:48] {fernp} :)
[12:48] {Threei} we always do...
[12:49] {Threei} long gone are times when one unsuccessful day could cause frustration
[12:49] {Threei} natureal part of the game
[12:49] {fernp} frusta... what? :)
[12:49] {magoo} wait 40.34
[12:50] {magoo} i trhink 42 today...
[12:51] {fernp} and out WU my +.05 are here
[12:52] {fernp} [18:26] {fernp} WU if breaks .70 could give us a 5 cents scalp
[12:53] {Threei} :)
[12:53] {magoo} mkt ruined it
[12:58] {ese} had my finger on the sell trigger for nvda but it didn't move down with the qqqq's
[12:58] {ese} sign of some strength
[13:01] {ese} 15 min chart looks good...buting up agains .30
[13:02] {Threei} 68% Say Passage of Health Care Reform Will Increase Deficit
[13:02] {Threei} duh
[13:02] {Threei} Remaining 32% struggle to count fingers on two hands
[13:03] {nemo} maybe they don't know what deficit means?
[13:03] {ese} good one.....that was funny
[13:06] {fernp} have to go. see u all tomorrow. good evening everybody
[13:06] {Threei} take care fern
[13:15] {dino} sepr
[13:15] {dino} wow
[13:15] {Threei} Fed's Lockhart: Economy will still be recovering 12 months from now with unemployment 'still high'
[13:15] {Threei} - says the Fed should consider "leaning" on future asset bubbles; sees long term oil price trend around $70 level;
[13:16] {Threei} SEPR Ticking higher, hearing takeover chatter circulating (19.70, +1.67, 9.26%)
[13:16] {Threei} Dainippon Simitom seeking to purchase the comapny - nikkei news
[13:17] {Threei} be back in 20
[13:17] {nemo} o.k., what now?
[13:21] {ese} well............we wait
[13:21] {ese} nvda taking it's sweet time pushing on up there
[13:22] {ese} i'm liking the bull triangle/flag on the 15 min chart......should go higher from here
[13:22] {ese} still in at .27
[13:23] {nemo} it's toyed with the .30 area 4 times
[13:24] {ese} ya......one of thes days.......one of these days.......pow ....right in the kisser
[13:25] {ese} what show was that from......Archie Bunker?
[13:25] {magoo} honeymooners
[13:25] {ese} ahhhhhh yes
[13:25] {nemo} "right to the moon"
[13:25] {ese} Ralphy
[13:30] {patience} .
[13:31] {nemo} ?
[13:33] {ese} auch du miya!!! nvda ......vat is de prablum.......geet un oop dere
[13:33] {nemo} qs ese
[13:37] {dino} 28 sepr rumor
[13:38] {dino} don't trust it
[13:53] {Threei} SEPR new high
[13:56] {dino} yahoo news on possible takeover
[13:57] {dino} 250b yen
[14:05] {Threei} *MINUTES OF THE AUG 12 FOMC MEETING: DISCUSSED TRIMMING MBS and AGENCY PURCHASES PROGRAM; saw sizable risk of credit losses ahead
[14:05] {Threei} - Some members saw substantial risk of disinflation; economy vulnerable to shocks
[14:05] {Threei} - participants again discussed the merits of including agency MBS backed by adjustable-rate mortgages (ARMs) in the Committee's MBS purchase program: Some thought it would be useful to include agency ARM MBS, noting that doing so could reduce the unusually large spreads between ARM rates and yields on similar-duration Treasury securities--spreads that were far larger than the comparable spreads on fixed-rate mortgages; others saw little potential benefit, given the small stock and limited issuance of ARM MBS, and were hesitant to involve the Federal Reserve in another market segment.
[14:06] {Threei} - Saw contraction in disutryial production as slowing in Q2
[14:06] {Threei} - Overall economic activity 'stabilizing'
[14:06] {Threei} - several participants noted that banks still faced a sizable risk of additional credit losses and that many small and medium-sized banks were vulnerable to deteriorating performance of commercial real estate loans.
[14:06] {Threei} Participants again observed that obtaining or renewing financing for commercial real estate properties and projects was extremely difficult amid worsening fundamentals in that sector, though some noted anecdotal evidence that the addition of highly rated commercial MBS to the list of securities that can be pledged as collateral for TALF loans had contributed to an improvement in liquidity in that market.
[14:09] {ese} yaaaaaaaawwwn.............smifgavortahhheemm..........
[14:09] {nemo} somebody tuck ese in
[14:10] {ese} was dreaming that i was scalp trading.........wait........i am yaaaaawwwwwn
[14:11] {Threei} if scalping makes one yawn, I am scared even to think what makes one jump
[14:12] {ese} beige.....i think i'll paint the walls beige..........oh hey vad
[14:13] {ese} it's the miles of boredom interspersed with seconds of terror.......
[14:14] {Threei} lol
[14:14] {Threei} imagery you produce...
[14:18] {magoo} sepr halted
[14:18] {Threei} yup
[14:36] {Threei} AIG...
[14:36] {Threei} mags
[14:37] {Threei} getting this feeling?
[14:37] {magoo} yup..but exhausting watching it
[14:37] {Threei} let's comopare feelings
[14:37] {Threei} 41?
[14:37] {magoo} i think near 42 today..but thats not a trade call
[14:38] {magoo} near=41.89
[14:38] {larisa} lol
[14:38] {magoo} ive been reading it well today
[14:38] {magoo} up big on it
06[14:38] * Threei puts AIG for sale at 41.88
[14:38] {magoo} .97 here lol
[14:38] {magoo} um./87
[14:41] {Threei} ok, pullback becomes tempting
[14:41] {Threei} is it} mags?
[14:41] {Threei} you read it well today
[14:42] {magoo} id like it deeper
[14:42] {magoo} and needs some mkt help
[14:43] {magoo} a twitch of luk
[14:44] {magoo} and ballz of steel
[14:44] {Threei} lol
[14:44] {nemo} or ice in veins
[14:45] {nemo} my LII keeps screwing up today
[14:49] {dino} gotta hop early. thx all
[14:50] {larisa} bye dino :)
[14:59] {Threei} AIG doesn't feel right
[15:00] {magoo} agree
[15:03] {magoo} brb
[15:07] {magoo} back
[15:10] {magoo} u know..i make some $$ on it..but that stock sux
[15:10] {Threei} just runs out of gas
[15:11] {ese} come on nvda..........FOR CRYING OUT.....i mean........ahem.......
[15:17] {Threei} jeez
[15:20] {nemo} is laser freezing up on you at all mags, vad?
[15:20] {magoo} not at moment...but dave addressed they are having issues and working on ity
[15:21] {nemo} saw that, just wondering what the "issues" were?
[15:21] {Threei} it did in the morning
[15:22] {Threei} who cares as long as they get resolved
[15:22] {nemo} mine is doing it now
[15:22] {magoo} change q server
[15:22] {nemo} I've been doing that, which one?
[15:23] {Threei} doesn't matter
[15:23] {larisa} I was swithing randomly, does it really matter ?
[15:23] {Threei} just switch
[15:23] {larisa} lol
[15:25] {magoo} 4
[15:25] {magoo} it matters :)
[15:25] {Threei} yeah? 8 here, and runs fine :)
[15:32] {ese} out nvda .27 .00 nothin....absolutely nothin.......why i otta...
[15:33] {ese} see you all tomorow........that was a wait and a half for nuttin
[15:33] {Threei} take care ese
[15:33] {ese} see ya vad.......it was a good day none the less...profitable
[15:43] {Threei} no interesting earnings after hours
[15:46] {magoo} futes rotting
[15:48] {magoo} financials falling
[15:48] {Threei} you are such a party pooper
[15:48] {magoo} bummed, sdidnt find a trade last 2 hrs
[15:49] {Threei} hey.. 99% of population doesn't make a trade in whole life
[15:49] {larisa} lol
[15:49] {magoo} oh come on
06[15:50] * Threei slaps laserdave around a bit with a large dorsal fin of a marinated herring
[15:54] {Threei} WFC to Resume Accepting California IOUs on September 4, 2009
[15:54] {Threei} cosmo can continue his vacation now
[15:57] {Threei} 15 points range day
[15:57] {Threei} any wonder that we couldn't find much
[15:57] {Threei} most action was in gold
[15:57] {Threei} and I really hate trading that
[15:58] {nemo} resource stocks too fcx, tck
[16:00] {magoo} tjhanx vad..everyone
[16:00] {larisa} later :)
[16:00] {Threei} (US) Treasury Sec Geithner: Officials need to ensure self-sustaining recovery
[16:00] {Threei} thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {magoo} laser message
[16:01] {magoo} system shutdwn 4:30
[16:01] {magoo} deal with issues
[16:01] {Threei} I say deal with them
[16:01] {Threei} issues must be dealt with
[16:01] {magoo} excuse for me to get home early
[16:01] {magoo} i stay till 6 pm most nites\