Wednesday, September 9, 2009

Sep 09 2009

Slow climb continues, and as it's often the case in this type of the market, we are having profitable but somewhat boring days. Among all the usuals like HIG, AXL, GE etc, one momo trader was VVUS. I wanted to say "exciting" but one has to be careful speaking of this particular name.

Session Time: Wed Sep 09 00:00:00 2009

[07:50] {nemo} you there
[07:56] {magoo} morning
[07:56] {nemo} magus :)
[07:57] {magoo} cap'n
[08:06] {magoo} opxa selling off
[08:09] {Threei} September 09, 2009 12:11:00 AM
[08:09] {Threei} Aruba Networks Wireless LANs have been deployed by Britthaven
[08:09] {Threei} - Britthaven, Inc. has deployed adaptive Wi-Fi networks across 60 skilled nursing facilities and retirement homes in Kentucky, North Carolina, and Virginia.
[08:09] {Threei} - The facilities range in size from 37 to 250 beds, and many feature specialized therapy services and 24 x 7 admissions.
[08:09] {Threei} - Pharmacy management and access to clinical documentation are business-critical tasks that require secure, reliable connectivity.
[08:09] {Threei} ARUN Wedbush Morgan Raised ARUN to Buy from Hold, price target: $11
[08:16] {magoo} morn vad:)
[08:16] {Threei} mags :)
[08:20] {magoo} i believe AAPL has some news today, out yuetr?
[08:20] {magoo} yet
[08:20] {nemo} speaking french mags?
[08:21] {Threei} AAPL Apple Insider speculates that company to lowes prices accross the IPod product range at today's event
[08:30] {Threei} US) Fed's Evans: Recovery has begun in the US, expects unemployment to rise over 10%
[08:42] {Threei} jeez... look who is back on airwaves
[08:42] {Threei} US) Former Fed Chairman Greenspan: Could take until the end of 2009 before inventories are fully exhausted, expects "fairly pronounced" recovery in US and globally
[08:42] {Threei} - Excessive inventories remain in the system
[08:43] {Threei} some just can't shut up
[08:43] {Threei} it's as if they wake up in the morning and think, have I caused enough damage or I can do some more for my country
[08:46] {magoo} news HITK vad?
[08:46] {Threei} no
[08:47] {Threei} US) Fed's Evans: Unsure about the Fed's role in deflating asset bubbles
[08:48] {Threei} Note: Fed's Bernanke is firmly against the idea of using monetary to burst asset price bubble
[08:48] {Threei} do we hold our breath for them to acknowledge that the very Fed existence CREATES bubbles?
[08:49] {nemo} no
[08:52] {magoo} vvus news vad?
[08:53] {Threei} 6:01:41 AM
[08:53] {Threei} VIVUS, Inc Two Phase III studies in Qnexa met all primary endpoints
[08:53] {Threei} - The EQUIP and CONQUER studies met all primary endpoints by demonstrating statistically significant weight loss with all three doses of Qnexa, as compared to placebo. Patients taking Qnexa also achieved significant improvements in cardiovascular and metabolic risk factors including blood pressure, lipid levels, and type 2 diabetes.
[08:54] {magoo} hm..phase 3 good
[08:54] {magoo} 12 today ??
[08:55] {Threei} Tuesday, September 08, 2009 4:35:33 PM
[08:55] {Threei} VIVUS, Inc Trades higher after disclosing it will announce results of Phase III obesity drug trial tomorrow morning
[08:55] {Threei} - plans to announce the results from the EQUIP and CONQUER Qnexa phase 3 obesity clinical trials on September 9th prior to market open. The announcement will be followed by a webcast and conference call at 8:00 a.m. Eastern time.
[08:56] {magoo} big volume here
[08:57] {Threei} certainly candidate
[08:57] {Threei} - Qnexa is also in phase 2 clinical development for the treatment of type 2 diabetes. In the area of sexual health, VIVUS is in phase 3 development with avanafil, a potentially best-in-class PDE5 inhibitor, and in phase 2 development of Luramist for the treatment of hypoactive sexual desire disorder (HSDD) in women. MUSE (alprostadil), a first generation therapy for the treatment of ED, is already on the market and generating revenue for VIVUS.
[08:58] {Threei} VVUS is trying to return to former glory
[08:58] {Threei} used to be a hihgflier, somewhere in 90s, until Viagra came around
[08:59] {magoo} hypoactive sexual desire disorder (HSDD) in women. MUSE (alprostadil),
[08:59] {magoo} leave that alone
[09:01] {nemo} marriage causes it
[09:02] {magoo} just the opposite
[09:02] {magoo} hypoactive sexual desire disorder
[09:02] {magoo} desire
[09:02] {nemo} yeah opposite of hyper
[09:02] {Threei} Former Fed Chair Greenspan: Rising Gold prices is strictly a monetary phonomenon
[09:02] {nemo} duh
[09:03] {magoo} definately the player today vad
[09:03] {magoo} in .75
[09:04] {magoo} out .04
[09:04] {magoo} warmin up :)
[09:04] {Threei} hehe... beat you by 5 cents on entry and 1 on exit
[09:05] {magoo} going to regrett that exit im sure
[09:05] {magoo} rude lol
[09:05] {nemo} hehehe
[09:06] {nemo} too many jokes in this stock
[09:06] {Threei} not reentering it before open unless pulls back significantly
[09:06] {Threei} it's volatility on the open will be brutal
[09:06] {fernp} good morning everybody
[09:06] {Threei} fern :)
[09:07] {Threei} be back in
[09:07] {Threei} 10
[09:07] {Threei} behave
[09:07] {nemo} speaking of volatility, how's aig look
[09:07] {Threei} umm... wrong
[09:07] {Threei} don't misbehave!
[09:07] {nemo} define that please
[09:07] {fernp} ave
[09:08] {fernp} sorry.. wrong windows
[09:08] {magoo} not so good
[09:08] {magoo} sheesh
06[09:08] * magoo slaps fernp around a bit with a large trout
[09:08] {dino} gm all
[09:10] {nemo} lari dino :)
[09:10] {larisa} good morning :)
[09:10] {dino} :)
[09:17] {nemo} may have double bottomed
[09:19] {Threei} dino, larisa :)
[09:20] {larisa} :)
[09:22] {dptl} good morning all
[09:24] {larisa} gm dp
[09:24] {Threei} dp :)
[09:24] {ese} good morning.........
[09:24] {Threei} ese :)
[09:25] {ese} looked at the pictures last night em.......especially some of the especially ones
[09:25] {ese} the individual ones
[09:25] {Threei} good to hear :)
[09:26] {Threei} let me know if you need any of them in hi res
[09:26] {ese} definately.....would like to get some of them up on the website and hopefully into a promo package
[09:27] {Threei} cool beans
06[09:27] * Threei changes his profession
[09:28] {ese} indeed........
[09:28] {Threei} couldn't bring myself to buy VVUS on this last pullback
[09:28] {Threei} you mags?
[09:29] {Threei} guys keeop AXL on a backburner somewhere
[09:29] {Threei} break of 6
[09:29] {Threei} cionsolidates for days
[09:30] {nemo}
[09:30] {magoo} not interested in it here
[09:30] {nemo} had nice bounce
[09:31] {ese} FIG
[09:35] {dino} smg
[09:35] {Threei} great
[09:35] {Threei} look what I typed
[09:35] {Threei} Long Setup: HIG .15
[09:36] {nemo} neural implant
[09:36] {nemo} you get back in vvus at .80 mags?
[09:36] {nemo} 10.80 that is
[09:37] {Threei} 12 is coming
[09:38] {Threei} HIG pullback
[09:38] {Threei} see if it dives under .20
[09:38] {Threei} try for long entry as close to .10 as possible
[09:39] {ese} l sndk .82
[09:41] {ese} out sndk .96 +.14
[09:42] {Threei} NVAX Hearing takeover chatter circulating
[09:42] {Threei} - Novartis rumored as potential acquirer (6.18, +0.18, 3.00%) (related NVS )
[09:42] {Threei} anyone caught HIG?
[09:43] {ese} not I....was into sndk
[09:44] {ese} L nvax .15
[09:44] {fernp} i am in HIG from .17
[09:44] {Threei} you have 1:2
[09:44] {magoo} missed..was playin vvus
[09:45] {fernp} ty Vad exited .30
[09:45] {Threei} :)
[09:45] {Threei} good reflexes
[09:46] {Threei} AIG still not shirtable
[09:46] {Threei} thought on .50 short
[09:46] {ese} out NVAX .24 +.09
[09:46] {Threei} invalidated anyway, lol
[09:46] {magoo} no service lol
[09:46] {nemo} no tickee
[09:47] {Threei} CSIQ Announces 10 MW Co-Operation Memorandum of Understanding with LG in Korea
[09:47] {ese} opps make that .235 to be exact
[09:47] {ese} tks for that one vad
[09:48] {Threei} never called it... it was all you
[09:48] {ese} wasn't it you who posted the news item
[09:48] {Threei} VVUS... pace pick up
[09:48] {ese} ?
[09:48] {ese} got me onto it
[09:48] {Threei} okay...
[09:49] {Threei} VICL Hearing takeover chatter
[09:49] {Threei} - TEVA rumored as potential acquirer above $10/shr (5.13, +0.11, 2.19%) (related TEVA )
[09:49] {Threei} what the
[09:50] {Threei} rumor city
[09:51] {fernp} SYMC interesting daily and and breaking .65 right now
[09:53] {magoo} who ever liked AIG had good read
[09:53] {magoo} im just focudsed vvus
[09:53] {magoo} 13 im thinking
[09:55] {Threei} HIG, watch for pullback under .50
[09:55] {magoo} bummed missed that..NICE vad
[09:55] {Threei} thinking entry near .40, maybe even lower
[09:55] {magoo} im in vvus rd 3
[09:55] {magoo} .95
[09:56] {Threei} was tough to alert exact entry mags
[09:56] {dino} ems
[09:56] {ese} i like HITK but the spread....sheesh
[09:56] {magoo} vvus is tough to handle with others'
[09:56] {magoo} out .24
[09:57] {ese} like that .16 cents thanks
[09:58] {magoo} rd 4 in .20
[09:59] {magoo} oput .34
[09:59] {magoo} will look to reload
[10:01] {ese} L orcl .12
[10:01] {ese} yesterdays high
[10:02] {Threei} Long Setup: HIG .50 break
[10:02] {Threei} if holding .40
[10:04] {Threei} Long Setup: VVUS .50 half lot
[10:04] {Threei} if holding .30
[10:05] {magoo} in hig-mont
[10:05] {Threei} Long Setup: VVUS .15 half lot
[10:05] {Threei} if holding 12
[10:06] {ese} out orcl .17 +.05
[10:06] {dino} sm s rcl .80
[10:06] {magoo} JAZZ playin
[10:07] {ese} indeed it is
[10:08] {Threei} no go VVUS
[10:08] {magoo} read on JAZZ vaz?
[10:08] {Threei} kidding?
[10:08] {nemo} 1:1 hig
[10:08] {magoo} i never kid on MOMO
[10:09] {dino} ems
[10:10] {dino} stec
[10:11] {fernp} TY Vad +.10 HIG
[10:11] {dino} nflx
[10:11] {Threei} this time not looking for entry abiove .40 HIG
[10:11] {Threei} want it lower
[10:12] {Threei} wow
[10:12] {magoo} was there hig news?
[10:12] {nemo} what wow?
[10:12] {Threei} NFLXC news some 8 min ago
[10:12] {Threei} why spike now
[10:12] {Threei} NFLX Exec: Seeing strong earnings growth due to streaming business; FY09 earnings seen growing above +10% mark
[10:12] {Threei} - Streaming video segment is seen as gaining traction (41.62, +0.14, 0.34%)
[10:13] {Threei} nothing fresh on HIG mags
[10:13] {nemo} bouncing off yesterday close
[10:13] {magoo} like everything
[10:15] {ese} Lener pullback
[10:15] {ese} .04
[10:17] {_slentz} still in hig ?
[10:18] {Threei} not me, scalping mode
[10:18] {Threei} 1:1 is hit, out
[10:18] {magoo} whats 1:1 mean again?
[10:18] {Threei} sigh
[10:18] {Threei} someone slap him for me please
06[10:19] * nemo slaps magoo around a bit with a large nail infested 2X4
[10:19] {Threei} NVAX goes a bit crazy
[10:20] {ese} now that was funny mags
[10:23] {Threei} HIG becomes more inteersting for another entry
[10:23] {Threei} not quite reaADY YET
[10:24] {dino} hl s smg .25
[10:28] {ese} L ener again avg price .91
[10:33] {Threei} moves are somewhat strange, tough to nail down entries
[10:33] {Threei} HIG for instance:
[10:33] {Threei} price wise, it did what I wanted and expected,
[10:33] {Threei} diving under .40 and giving scalpable bounce
[10:34] {Threei} but volume and pace were so steady, no clean read on entry
[10:34] {Threei} NFLX again
[10:42] {dino} amed l .50
[10:42] {dino} hl
[10:43] {ese} L ener avg price .86
[10:43] {Threei} About $20B Loaned to GM, Chrysler Probably Will Not Be Repaid
[10:44] {Threei} hmmm... why?
[10:44] {Threei} Long Setup: BRCM .50 break if holding above .40
[10:45] {Threei} for hardcore scalpers .45
[10:45] {dino} smg to .01
[10:46] {dino} to .95
[10:46] {dino} to .85
[10:47] {dino} cov, +.40 smg
[10:47] {Threei} lol... VVUS morning hysteria took attention from AXL
[10:47] {Threei} anyone played it?
[10:47] {larisa} no, but i noticed it worked :)
[10:47] {Threei} [09:29] {Alert} Threei guys keeop AXL on a backburner somewhere
[10:47] {Threei} [09:29] {Alert} Threei break of 6
[10:47] {Threei} [09:29] {Alert} Threei cionsolidates for days
[10:51] {dino} amed to .74
[10:52] {dino} out amed .80, +.30
[10:54] {Threei} Long Setup: AXL 6.05 break
[10:54] {Threei} if stays above 6
[10:55] {dino} cisg hl l .90
[10:56] {dino} .oo i mean
[11:00] {dino} cisg stuck, tighten to .88
[11:02] {dino} rcl stopped -.23
[11:04] {ese} l qqqq's .03
[11:09] {ese} out qqqq's .02 -.01
[11:10] {Threei} you are not giving them too long leash, are you :)
[11:10] {dino} esi sm l .70
[11:10] {larisa} MTXX why is it happy ?
[11:10] {ese} no not today.....although i was watching ener yesterday and am setting up for a long play here
[11:11] {Threei} no news larisa
[11:11] {Threei} maybe it smoked something nice
[11:12] {Threei} or maybe another round of rumors about FDA and sense of smell
[11:12] {fernp} 1:1 AXL ty Vad
[11:12] {Threei} ese... if you took AXL in your usual fashion, tick over .10 gives you about all you need to 20K little buggers
[11:12] {Threei} fern :)
[11:12] {ese} will look at that
[11:12] {Threei} ummm
[11:12] {Threei} too late
[11:12] {Threei} call was .05
[11:12] {dino} cisg stopped -.13
[11:13] {Threei} I thought you'd be interested, it's very your style play
[11:13] {Threei} big liquidity, easy to play nice size
[11:13] {Threei} clean breakout
[11:13] {Threei} here we go
[11:13] {Threei} over 1:1
[11:14] {ese} L axl .1099 to be exact
[11:14] {_slentz} stay in
[11:14] {Threei} not me
[11:14] {Threei} I am still in scalping mode
[11:17] {Threei} 1:2
[11:17] {ese} out axl .15
[11:17] {Threei} for those who held which is not me :)
[11:17] {Threei} lol ese
[11:17] {ese} +.04 10k
[11:17] {Threei} you bought where I said to sell IF you had bought where I called it
[11:17] {Threei} and still made money
[11:17] {_slentz} out .15
[11:17] {Threei} those drummers...
[11:18] {ese} tks vad
[11:18] {Threei} welcome of course... but please... don't chase my calls that much
[11:19] {ese} WHAT?????
[11:19] {Threei} lol
[11:19] {Threei} ok, lookie here
[11:19] {Threei} 10:54] {Alert} Threei Long Setup: AXL 6.05 break
[11:19] {Threei} [10:55] {Alert} Threei if stays above 6
[11:19] {Threei} that was original call
[11:20] {ese} that one put me over the $1000 for today....time to go into work
[11:20] {Threei} then, thinking that you may have liked it and entered I commented for tou
[11:20] {Threei} that tick over .10 gives you exit for 1;1
[11:20] {Threei} didn't mean for you to BUY there, lol
[11:20] {magoo} theres that 1:1 again...confused
[11:20] {Threei} but hey... whatever oputs you over $1000
[11:21] {Threei} mags... let me add to your confusion and say it's at 1:2 already
[11:21] {magoo} oy
[11:21] {Threei} and coming onto 1:3
[11:21] {Threei} ese... see now what happened?
[11:22] {ese} hmmmmmmmm.......naw....stick wih the plan
[11:22] {ese} drys going nuts
[11:23] {Threei} I mean misundferatdning about how to play AXL
[11:23] {ese} ahhhhhhhh gotcha
[11:26] {ese} one of the biggest things i've learned here vad.........
[11:27] {ese} even though i can see that i would have made $1300 dollars here
[11:27] {ese} in axl
[11:27] {ese} it doesnt bother me
[11:27] {Threei} :)
[11:28] {ese} i have my tiddy little 3 to$400 profit
[11:28] {Threei} traders deal in reality
[11:28] {ese} thats good enough
[11:28] {Threei} "what if" is for analysts
[11:28] {ese} definately......
[11:28] {Threei} or, as gunslingers in novel I and dino liked said,
[11:28] {Threei} we deal in lead
[11:28] {Threei} cute... lol
[11:28] {ese} am very relaxed that way.......
[11:29] {ese} ha hah lol
[11:29] {ese} too funny
[11:29] {magoo} ok..i have to leave for rest of day..ty vad..everyone..good day..see u all tomorrow
[11:29] {dino} lead, ahh yes
[11:29] {Threei} magoo read that too but I don't want to acknowledge magoo can read
[11:30] {Threei} take care mags :)
[11:30] {dino} magoo does not read
[11:31] {Threei} and I still haven't forgiven him for not watching movie I recommnded 5 years ago
[11:32] {magoo} my wife says write it down and she'll rent it..but sghe cabt read me wreitin
[11:32] {Threei} no qwonder... who could
[11:33] {magoo} :0
[11:33] {ese} by the way dino...bought my new Taylor Made Burnner driver 460cc bullet shaped head regular flex
[11:33] {ese} 2008 model
[11:34] {ese} went to a club fitting place made the shaft with my swing and also matched it up with a Bridgestone ball
[11:34] {ese} matched
[11:36] {dino} sweet
[11:36] {Threei} US Treasury's Geithner: Americans had spent too much and invested too little in the past; Americans beginning to save once more
[11:36] {Threei} - Calls for US to regain educational lead
[11:36] {Threei} can't even beging telling how much this guy irritates me
[11:36] {ese} how about canadians on that point as well
[11:37] {Threei} maybe it's age... a lot of people irritae me, lol
[11:37] {larisa} those who invested a lot not happy these days also :)
[11:37] {Threei} heck, my own reflection in the mirror/...
[11:37] {Threei} no kidding larisa
[11:38] {dino} bingo larisa
[11:38] {Threei} and if/when they start monetizing debt and inflating their way out of it, those who kept money in the mattress won't be happy either
[11:38] {dino} if they invested more would have lost more
[11:39] {ese} dino golf post above
[11:39] {Threei} BRCM...
[11:39] {ese} will have to take the club back if i don't get your approval
[11:40] {dino} smlc
[11:40] {dino} hitk
[11:40] {dino} tru
[11:41] {dino} es saw it "sweet", enjoy buddy
[11:41] {ese} ahhhhhhhhh can rest easy
[11:41] {dino} lol. busy here
[11:42] {Threei} US Senator Baucus(D): Can move forward on healthcare reform without republican support - unconfirmed report
[11:42] {Threei} translation: can... but scared to death
[11:44] {dino} my bet 3i, is they will.a beer on it
[11:45] {dino} hitk nemo or es?
[11:46] {ese} was watching it
[11:46] {ese} spread drove me crazy though ealier
[11:46] {dino} esi to .10
[11:47] {ese} up to 16 pts at one point
[11:47] {dino} make it .20
[11:47] {dino} hitk? 16
[11:48] {ese} if the stock is over 100 ok ...but a 20 dollar stock?????
[11:48] {ese} basic spread right now seems to be .06
[11:49] {dino} out esi .20, +.50
[11:49] {ese} nice
[11:49] {dino} ty
[11:50] {Threei} 78% Say All Americans Should Be Able To Buy The Health Insurance That Congress Has
[11:52] {dino} lol i'm sure they can buy it, but can they afford it?
[11:52] {dino} congress gets it for free
[11:52] {ese} it should be free to you as well dino
[11:53] {Threei} dino, I'll take the bet
[11:53] {ese} i'm from saskatchewan where health care was initialted here in canada
[11:53] {Threei} nearest cruise we meet on, beer on a losing side
[11:54] {dino} ok
[11:54] {ese} Tommy Douglas....premier of the province .......
[11:54] {Threei} my bet:
[11:55] {ese} measure of a civilized society.......takes care of it's own
[11:55] {Threei} dems won't risk pushing through full blown plan with public option without republicans support
[11:55] {larisa} Social sec, medicare were passed without republicans in the past.
[11:56] {Threei} hey... we are not arguing... we are betting :)
[11:56] {dino} i'm afraid it's a tax issue es. govt already broke on medicare, medicaid, and soon social security
[11:56] {ese} hmmmmmmm
[11:57] {dino} weell 3i, they will get one orvtwo republicans, imo
[11:57] {dino} but sure bet on
[11:57] {Threei} with public option - no way
[11:57] {Threei} the only way something gets done is heavy compromise
[11:57] {Threei} on bnoth sides
[11:57] {Threei} and public option will be first vicitm
[11:57] {dino} i think they ram it thru. we'll see. i am wrong every day
[11:57] {Threei} BRCM invalidated
[11:58] {ese} well .....hmmmmm.............producing a few less supersonic attack aircraft should od it for you........of course you can just buy the stock and away you go.......hmmmmmmm
[11:58] {ese} ya......forget it
[11:59] {dino} lol. we are talking trillions. i suppose just print it. what the heck obama running deficits higher than last 20 years combined
[12:00] {dino} but as you see, i am a supply sider, reagan had it right
[12:00] {Threei} well... there is that one little problem with printing... :)
[12:00] {dino} anyway back to work
[12:00] {Threei} yeah
[12:00] {Threei} let's leave them to argue
[12:01] {dino} right, doesn't matter what i think. when 43% don't pay any taxes, my voice gets drowned out
[12:02] {Threei} yup... old political game... buy votes by redistribution,
[12:02] {Threei} build your base by giving out to many what you take from few
[12:02] {Threei} few will be irritated but their votes are few
[12:02] {dino} rcl hl s .52 last try
[12:02] {Threei} many will get little but will vote en masse
[12:04] {dino} thats why he spoke to the school kids about responsibility and education, they will need it to pay off these debts he is creating, lol
06[12:17] * Threei slaps laserdave around a bit with a large alarm clock
[12:20] {nemo} frickin power outage, how much I miss?
[12:21] {Threei} ummm
[12:21] {Threei} fighting temtation to tell you "5 plays, 12 bucks each"
[12:21] {Threei} but in reality, AXL nice move is all
[12:21] {nemo} that I wouldn't believe
[12:21] {nemo} that I would believe
[12:21] {Threei} BRCM invalidated, never triigered
[12:22] {Threei} and we discussed whether magoo can read
[12:22] {Threei} and decided that no, he can't
[12:23] {nemo} for some reason lrn comes up when I start up laser..It was a nice short at 11:45
[12:26] {Threei} you must have put it on your screen at some point before re-saving layout
[12:26] {nemo} yeah
[12:26] {Threei} layout saves all the changes you made plus symbols you have on at the moment
[12:27] {nemo} hey, I just got an email in russian. I'll send it to you. Have no idea what it says
[12:31] {Threei} you don't want to
[12:31] {nemo} figured
[12:31] {Threei} and for pete's sake don't click any links in it
[12:32] {nemo} Nope
[12:34] {Threei} NFLX Time Warner CEO: Netflix does not give us "the right economics"
[12:34] {Threei} huh?
[12:37] {Threei} ONXX CEO: Expects to release breast cancer data soon (33.04, +0.61, 1.88%)
[12:39] {Threei} VVUS again...
[12:40] {nemo} jeez aig had a nice run this morning with that bull flag
[12:41] {dino} jdas s .04
[12:45] {dino} jdas to flat
[12:59] {Threei} market is immobile for an hour and half
[12:59] {Threei} but consolidates at high
[12:59] {dino} jdas to .92
[13:00] {nemo} next resistance .85 dino?
[13:00] {Threei} bears counting on september being historically bad month andf all this crap, are in for another round of pain
[13:00] {dino} just trailing tight nemo, to .90
[13:02] {dino} feels like whoosh down coming
[13:02] {dino} ion jdas
[13:02] {dino} in
[13:03] {nemo} gets through .85 probably .55 anyway
[13:03] {dino} lets hope
[13:03] {dino} tighten to .88
[13:03] {nemo} sorry, too old for hope
[13:04] {dino} good point
[13:04] {Threei} "Hope dies last"
[13:04] {dino} hope is the enemy
[13:04] {Threei} which means no one is too old for hope... it's outlive you anyway
[13:04] {dino} trust, but look for exits
[13:04] {dino} to .86
[13:05] {Threei} yeah... "The nights are quite in Ukraine but let's re-hide the pork bellies"
[13:05] {Threei} quyiet
[13:05] {Threei} quiet
[13:05] {nemo} skip it
[13:05] {Threei} there... just third try
[13:05] {dino} lol
[13:06] {Threei} communicating with magoo too much...
[13:06] {dino} to .84 stingy exits
[13:06] {dino} ugh, ave out .87, +.17
[13:07] {dino} vad, pull the plug on rcl
[13:07] {dino} gold drop
[13:07] {Threei} what do you want from it?
[13:08] {Threei} RCL
[13:08] {dino} i'm short at .52
[13:09] {Threei} ok
[13:09] {Threei} let's see what we can do
[13:09] {Threei} why is it happy anyway
[13:10] {Threei} it's not like people book cruises left anfd right... do they?
[13:10] {Threei} hmmm
[13:10] {Threei} VVUS Hearing JMP Securities raises price target to $18 from $11 (timing uncertain)
[13:10] {Threei} - reiterates Outperform rating (11.85, +4.94, 71.49%)
[13:10] {Threei} VVUS Hearing downgraded to Hold from Buy rating at Canaccord (timing uncertain) (11.80, +4.89, 70.77%)
[13:10] {Threei} whatever
06[13:12] * Threei hits RCL over the head with big reminder that people have no money for fancy cruises
[13:12] {dino} ty
[13:13] {nemo} frickin shakeout in jdas...thought that might be...that spike was only 3k shares
[13:13] {dino} cby
[13:13] {dino} there are better worlds
[13:14] {nemo} just for edumacation
[13:14] {dino} miised cby
[13:14] {dino} and missed too
[13:14] {nemo} Mises cby :)
[13:16] {Threei} GSK FDA advisory panel backs Cervarix for effectiveness; prevents cervical cancer (39.25, +0.23, 0.59%) (related MRK )
[13:16] {nemo} cat on a steady climb today too
[13:30] {Threei} better RCL
[13:31] {dino} y
[13:34] {dino} shw
[13:38] {laserdave} GS intersting guys
[13:38] {laserdave} no idea if you already talked about it
[13:39] {laserdave} its failed at 170$ quite a few times
[13:39] {Threei} we didn't
[13:39] {Threei} no one is supposed to talk about GS
[13:39] {laserdave} 52 week high also 170.94
[13:39] {nemo} when did you institute that rule
[13:39] {laserdave} i know its a tuff trader that one
[13:39] {nemo} 170 is R3
[13:40] {Threei} it's a rule of universe
[13:40] {laserdave} haha
[13:40] {Threei} speak not of GS, lest you be spoken of by it
[13:40] {nemo} GS your daddy vad
[13:40] {laserdave} ummm gs has spoke to me before
[13:40] {laserdave} he wasnt very nice
[13:41] {Threei} that's heavy drinking dave
[13:42] {laserdave} GE 15$ level
[13:44] {nemo} bid's seem to be garnering most of the interest on GE
[13:49] {Threei} wow
[13:50] {Threei} just how much buying can it take to move 1 cent, lol
[13:50] {nemo} you mean ge?
[13:50] {Threei} what else is being discussed ?
[13:51] {nemo} gs
[13:51] {Threei} woohoo
[13:51] {Threei} 3 cents
[13:51] {nemo} be nice vad
[13:51] {Threei} huh?
[13:51] {nemo} LD trades like ese
[13:51] {Threei} is today some drandiose holiday I am not aware about?
[13:52] {nemo} poor Dave, no wonder he never pipes up
[13:54] {ese} outta here all.....see ya tomorrow
[13:54] {Threei} take care ese
[13:54] {fernp} bye ese
[13:55] {dino} cya es
[13:55] {nemo} ese
[13:56] {Threei} Fed's Fisher: Lack of pricing power keeping inflation lower; Fed should not buy more treasuries
[13:57] {Threei} Comments that deflation is biggest risk to price stability
[14:01] {Threei} - Tight credit standards in most districts; wage pressures minimal in all districts with loan demand
[14:03] {Threei} GSK FDA panel voted 11-1 for Cervarix safety (39.29, +0.27, 0.69%)
[14:15] {Threei} GE becomes interesting for bounce scalp
[14:16] {nemo} poor dave
[14:17] {dino} rcl to .33
[14:18] {Threei} this should be last leg down in GE
[14:19] {Threei} in .79
[14:19] {Threei} stop .74
[14:20] {Threei} US Rep Frank; Sees unlikely that a sugar(soda) tax will be implementedin the health care reform bill (related HANS )
[14:21] {dino} to .24
[14:22] {dino} out/cov rcl +.28
[14:22] {Threei} wtg
[14:23] {dino} ty
[14:23] {Threei} stop to .77
[14:25] {Threei} lol, 2 cents stop
[14:25] {Threei} talk about tight risk control
[14:26] {Threei} ciould just as well take 4 cents profit? {G}
[14:29] {Threei} was it out of bounds print?
[14:29] {Threei} I never saw price actually moving to .89
[14:29] {dino} dk
[14:30] {fernp} no. never touched .89
[14:31] {Threei} ty
[14:31] {Threei} 1;1 btw
[14:31] {dino} shw hl l .20
[14:31] {fernp} ty I am out
[14:32] {Threei} out too
[14:32] {Threei} if I may say so myself, impeccable timing on entry
[14:32] {Threei} Market Internals update at 2:30pmET
[14:32] {Threei} - NYSE volume 795M shares, about 14% above its three-month average; advancers lead decliners by 2.2:1.
[14:32] {Threei} - NASDAQ volume 1.82B shares, about 19% above its three-month average; advancers lead decliners by 2.1:1.
[14:32] {Threei} - VIX index -3.7% to just over 24.50
[14:32] {nemo} easy on the shoulder vad
[14:33] {Threei} US President Obama in speech to Congress later today will reportedly call for a public health option as part of reform (related IYH )
[14:34] {Threei} Scilla and Charibda...
[14:34] {nemo} yeah, and the siren song of the Messiah
[14:36] {dino} gj
[14:39] {dino} shw stopped -.25
[14:41] {jmb} Thanks for GE Vad
[14:41] {Threei} :)
[14:41] {Threei} let's all slap nemo?
[14:42] {nemo} why?
[14:42] {Threei} well... I don't even know where to begin
[14:42] {nemo} that's my point
[14:42] {Threei} simplest way to put it would probably be:
[14:42] {Threei} why not?
[14:42] {nemo} sure life's not fair...have at it
[14:44] {dino} roflol
[14:45] {nemo} let's 10 30 round magazines
[14:45] {nemo} box of 1000 rnds, 223
[14:45] {nemo} mmmhhh...12 gauge..yeah...good
[14:45] {dino} my son is taking the safety course this week
[14:46] {nemo} how old is he
[14:46] {dino} 12
[14:46] {nemo} top 3 issues: safety, safety, safety
[14:46] {dino} amed hl l .40\
[14:47] {dino} yes nemo, indeed
[14:47] {dino} i'll be w/him, he just gets to carry his rifle this year(provided he passes the test)
[14:48] {Threei} I hope one to to meet a RE agent who said location location and location and explain to him that it's not three things - it's one thing repeated three times
[14:48] {nemo} what caliber?
[14:48] {nemo} oy, subtleties of the English language
[14:48] {Threei} and if I need a basebal bat to eplain that, so be it
[14:48] {nemo} hehehehe
[14:48] {dino} he'll have 44 mag. me 7mm08
[14:49] {nemo} ahhhh 308 version of the .270
[14:49] {Threei} VVUS pace increase
[14:49] {Threei} Fed's Fisher: Expects positive economic growth in Q3 and Q4 of 2009
[14:49] {Threei} wow, really?
[14:50] {Threei} recession's over then?
[14:51] {dino} well, considering in summer 08 he said all was well
[14:51] {Threei} but warns that 2010 remains unclear on growth
[14:51] {Threei} - Refrains from commenting on the USD, noting only that it "comes and goes"
[14:51] {Threei} lol
[14:51] {dino} so most likely he's a year off again
[14:52] {Threei} yeah, I love the recording of Ben saying housing is about to bottom, and reverse,
[14:52] {Threei} the only problem is, that was
[14:52] {Threei} in the spring of 2007
[14:52] {Threei} HITK Reports Q1 $0.73 v $0.27e, R$43.4M v $32Me - filing (unclear if comparable)
[14:52] {Threei} - Sales of generic pharmaceutical products +193% y/y
[14:53] {nemo} His favorite saying is probably, "There's no place like home..."
[14:53] {Threei} what a strange time to report
[14:53] {dino} was out pre-mkt
[14:53] {Threei} hmm
[14:54] {dino} cyber 8:00 am
[14:54] {Threei} my wire missed it then
[14:54] {Threei} so they overcompensate now :)
[14:54] {Threei} thought it was streange
[14:54] {Threei} big gap, and no reaction now
[14:54] {dino} another boost i guess
[15:02] {dino} ebix gap fill fri close
[15:04] {Threei} VVUS... we need magoo
[15:04] {Threei} he will cry bitterly tomorrow seeing this
[15:05] {Threei} and wulff, I hope he is catching these movers
[15:05] {Threei} now, where is our italian traveller
[15:05] {Threei} his style too... anyone remembers when he promised to be back?
[15:06] {dino} ebix drop
[15:07] {dino} they are pushing the trader tax in congress again, .25 basis points
[15:08] {dino} 25 basis points i mean
[15:08] {Threei} imbecils
[15:08] {dino} yes
[15:12] {Threei} EBAY CFO: to set a minimum standard for sellers on eBay - Citigroup conf comments
[15:14] {Threei} Plane hijacked in Mexico
[15:20] {dino} ebix drop again
[15:21] {dino} bit wide
[15:22] {dino} v sm wide l .71
[15:27] {Threei} hard to tell whether VVUS has it in for a last run
[15:27] {Threei} but ti sure is trying
[15:27] {dino} amed to .49
[15:28] {Threei} .30 held as resistance a few times over last 5 min or so
[15:29] {Threei} and .15 support...
[15:29] {Threei} so if you are in the mood for this try
[15:29] {Threei} half lot
[15:29] {Threei} .30 break long
[15:30] {dino} in the mood huh, lol
[15:30] {Threei} well, it's a stock requiring magoo-mood :)
[15:31] {dino} indeed
[15:31] {dino} frs drop
[15:31] {Threei} Market Internals update at 3:30pmET
[15:31] {Threei} - NYSE volume 930M shares, about 11% above its three-month average; advancers lead decliners by 2.3:1.
[15:31] {Threei} - NASDAQ volume 2.14B shares, about 19% above its three-month average; advancers lead decliners by 2.1:1.
[15:31] {Threei} - VIX index -4% to just over 24.50
[15:33] {Threei} not enough oomph
[15:42] {dino} ebix stopped
[15:43] {dino} respect the strikes
[15:48] {dino} amed to .60
[15:49] {dino} out +.20
[15:52] {Threei} OPEC Sec Gen: Fluctuations in value of USD are a point of concern
[15:52] {Threei} lol, if it was said by anyone else I'd just nod
[15:52] {Threei} but coming from OPEC...
[15:53] {Threei} can't help but say, look who is talking
[15:53] {dino} seems to me weak dollar drives up oil prices
[15:55] {nemo} yep
[15:56] {fernp} good evening everybody. see u all tomorrow
[15:56] {Threei} take care fern
[15:56] {dino} cya fern
[15:57] {Threei} thank you all, have a good evening
[15:57] {Threei} see you tomorrow
[15:57] {nemo} nite
[15:57] {larisa} bye :)
[15:58] {dino} gn all and thx
[16:02] {dptl} have a good evening all