Thursday, September 10, 2009

Sep 10 2009

Some UAUA playes, some HIG... a bit boring though

Session Time: Thu Sep 10 00:00:00 2009

[07:56] {magoo} morning
[08:00] {Threei} wow... it is...
[08:01] {magoo} comes to fast eh...
[08:02] {magoo} how was mkt rest of day vad?
[08:02] {Threei} let mw try and remember
[08:03] {Threei} mostly quiet,
[08:03] {Threei} GE gave us nice bounce scalp on decent shares,
[08:04] {Threei} VVUS made another run at the highs, hasn't quite reached it but was playable
[08:04] {Threei} dino shorted RCL while I hit it over the head,
[08:04] {Threei} (combined effort worked)
[08:05] {Threei} and I suggested whole room to slap nemo but wasn't supported by these wussies and got a debate with him instead
[08:05] {Threei} you know "why oh why" kind
[08:06] {magoo} nemo is quite the argumentive type lol...i would have just backed your play and slapped him silly
[08:07] {Threei} i know
[08:07] {Threei} [15:04] {Alert} Threei VVUS... we need magoo
[08:07] {Threei} [15:04] {Alert} Threei he will cry bitterly tomorrow seeing this
[08:13] {magoo} dvax \
[08:15] {Threei} 6:45:33 AM
[08:15] {Threei} Dynavax Technologies Reports FDA Removes Clinical Hold on HEPLISAVTM Phase 3 Hepatitis B Vaccine
[08:15] {Threei} - Today announced that the U.S. Food and Drug Administration (FDA) has removed the clinical hold for the HEPLISAVTM Investigational New Drug (IND) application in individuals with chronic kidney disease. HEPLISAV is a Phase 3 investigational adult hepatitis B vaccine designed to provide increased, rapid protection with fewer doses than current licensed vaccines.
[08:16] {Threei} - As a result of the FDAs decision, Dynavax expects to initiate a Phase 3 trial in chronic kidney disease patients in the near-term. Dynavax also plans to initiate a Phase 3 lot-to-lot consistency trial in adults over 40 years of age in early 2010.
[08:17] {Threei} ESE Brean Murray Initiates ESE with Buy, price target: $42
[08:17] {Threei} Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET
[08:17] {Threei} - Expectations for initial claims are 560K v prior release of 570K (range seen from 535K to 570K)
[08:17] {Threei} - Continuing claims seen at 6.200M v prior 6.234M. (range seen from 6.050M to 6.300M)
[08:28] {magoo} ese halted?
[08:28] {magoo} news MON?
[08:28] {nemo} ahhhhhh....another day in Paradise....oh...I'm still alive...
[08:30] {Threei} *(US) INITIAL JOBLESS CLAIMS: 550K V 560KE; CONTINUING CLAIMS: 6.088M V 6.200ME
[08:31] {Threei} 03:01 MON Guides FY10 EPS $3.10-3.30 v $4.08e (unclear if comp)
[08:31] {Threei} - Reaffirms FY09 guidance at the low end of $4.40-4.50 v $4.41e (for the 6th time)
[08:31] {Threei}
[08:32] {magoo} VVUS still has some left i see
[08:32] {magoo} whats high yrsterday
[08:33] {Threei} 12.49
[08:33] {magoo} ty
[08:37] {magoo} crushing MON
[08:48] {brian3579} gm all
[08:49] {Threei} brian :)
[08:57] {Threei} 07:17 UAUA JPMorgan Raised UAUA to Overweight from Underweight, price target: $13
[08:57] {larisa} good morning :)
[08:58] {Threei} larisa :)
[08:58] {larisa} :)
[09:00] {Threei} SPIR Signs collabortaion with UNICOR for solar systems (4.47, 0.00, 0.00%)
[09:00] {Threei} STEM to Initiate First Ever Neural Stem Cell Trial in Myelination Disorder (1.70, 0.00, 0.00%)
[09:02] {Threei} GNBT Announces USFDA Approval of Use of Company''s Flagship Buccal Insulin Product, Generex Oral-lyn(TM), Under the USFDA''S Treatment Investigational New Drug (IND) Program (0.68, 0.00, 0.00%)
[09:03] {Threei} btw larisa, magoo is not hopeless... he phoned me yesterday after president's speech, crying, deeply touched, in a state of emotional shock...
[09:04] {larisa} hope you cried back :)
[09:05] {Threei} I couldn't, I fainted
[09:05] {magoo} it was a spiritual moment
[09:05] {Threei} obviously
[09:06] {Threei} for an hour after that I was waiting for nemo to call
[09:06] {nemo} I forgot to watch...I was picking lint out of my belly button
[09:06] {Threei} you are just saying that... don't be embarassed to express your feelings
[09:07] {Threei} on second thought...
[09:07] {Threei} nag, kepp them to yourslef pls
[09:07] {nemo} hehehehe
[09:07] {nemo} here it comes...
[09:08] {Threei} UAUA on watch for possible momo
[09:08] {fernp} good morning everybody
[09:08] {Threei} fern :)
[09:16] {ese} good morning
[09:16] {Threei} ese :)
[09:17] {Threei} 08:17] {Alert} Threei ESE Brean Murray Initiates ESE with Buy, price target: $42
[09:18] {dino} gm all
[09:20] {ese} huh?
[09:20] {ese} well how bout that.....a stock with my handle
[09:20] {Threei} dino :)
[09:21] {Threei} ask Brean Murray, ese...
[09:21] {Threei} I thought you'd like that
[09:21] {Threei} there is also RAVN
[09:21] {ese} who in&^%%$# is Brean Murray
[09:21] {Threei} and LARS
[09:22] {dptl} good morning all
[09:22] {Threei} dp :)
[09:23] {ese} dp,laris nemo
[09:23] {nemo} haroo
[09:23] {larisa} :)
[09:25] {ese} opps and mags and dino
[09:29] {dino} :)\
[09:29] {dino} giddy-up
[09:31] {Threei} Long Setup: UAUA 7.15 break
[09:32] {Threei} stop under 7
[09:32] {magoo} in
[09:33] {ese} missed rats
[09:33] {magoo} out .24 TY
[09:33] {ese} saw the call too late
[09:33] {ese} nice mags
[09:33] {magoo} quad lot
[09:33] {ese} yo .........
[09:34] {magoo} VVUS smacked
[09:35] {Threei} UAUA 1:1
[09:35] {magoo} drat :)
[09:35] {magoo} GE smacked vad
[09:38] {Threei} SQNM Hearing takeover chatter circulating (6.09, +0.26, 4.46%) (related ROG.SZ )
[09:38] {Threei} but of course
[09:40] {dino} careful
[09:40] {Threei} forthose who partialled, stop to under .25
[09:40] {Threei} for scalpers, new setup:
[09:40] {Threei} Long Setup: UAUA .35 break if stays above .25
[09:41] {magoo} in
[09:42] {Threei} 1:1
[09:42] {magoo} out .44
[09:42] {magoo} ty
[09:46] {dino} ebix blood again
[09:47] {dino} -10 in day
[09:47] {fernp} BAC 16.75?
[09:47] {Threei} yes
[09:47] {Threei} break of it
[09:47] {magoo} man GE vad
[09:47] {Threei} stop under .70
[09:47] {fernp} ok
[09:48] {Threei} I am not delighted mags
[09:48] {Threei} BAC 1:1
[09:49] {Threei} GE started the day by drop even though market spiked up,
[09:49] {Threei} it drops disporportionally large when market retreats
[09:50] {Threei} and it hasnb't dropped as much as to become a capitalotion bounce candidate
[09:50] {fernp} out here. TY Vad
[09:50] {Threei} :)
[09:50] {Threei} even now, look at 1 min on GE,
[09:50] {Threei} while price forms valid bounce setup with .65 break trigger
[09:50] {Threei} volume doesn't match
[09:51] {Threei} nah, I am staying away for now
[09:52] {nemo} sheesh...amed
[09:52] {Threei} 1:2 BAC
[09:52] {Threei} nice spot fern
[09:52] {magoo} scalpers regrett big time uaua
[09:52] {fernp} :)
[09:53] {Threei} [09:08] {Threei} UAUA on watch for possible momo
[09:53] {Threei} ENER Hearing DB making cautious comments (timing uncertain)
[09:53] {Threei} - DB believes it would make no sense for AMAT to buy ENER. (12.71, +0.37, 3.00%) (related AMAT )
[09:56] {Threei} (US) Sen Shelby R (AL) : Seeking to 'slow the train down' on regulation change; Sees good prospect of eventual and meaningful reform (related EUR/USD )
[09:57] {Threei} (IA) Iranian weapon cache has been found in Afghanistan - CNN
[09:58] {dino} ebix sm l .90
[10:00] {magoo} VVUS vad
[10:00] {dino} cctr hl l .74
[10:01] {Threei} VVUS,
[10:01] {Threei} I can't give any technicals
[10:01] {Threei} but 13 seems very likely today, and quite possibly higher
[10:01] {magoo} just alerting u..i know..momo
[10:02] {dino} that was cstr sorry
[10:02] {Threei} UAUA...
[10:03] {dino} stop is .44 cstr
[10:04] {nemo} oil info today, might be why uaua
[10:05] {Threei} 08:57] {Alert} Threei 07:17 UAUA JPMorgan Raised UAUA to Overweight from Underweight, price target: $13
[10:05] {nemo} oh...nevermind...however oil out this morning
[10:06] {dino} pot gap fill and then some
[10:10] {Threei} thar she blows
[10:10] {nemo} who?
[10:10] {Threei} VVUS
[10:10] {Threei} [10:01] {Threei} but 13 seems very likely today, and quite possibly higher
[10:12] {dino} titn hl l .50
[10:17] {dino} guess who's coming on tv
[10:17] {Threei} nnnooooo
[10:17] {Threei} really?
[10:17] {nemo} elvis?
[10:17] {nemo} michael jackson?
[10:18] {ese} Vad give me an opinion on swks consolidation please
[10:18] {dino} god
[10:18] {nemo} must be on all stations
[10:18] {Threei} I like chart ese,
[10:18] {Threei} not sure about volatility
[10:18] {Threei} a bit too big for your style
[10:18] {ese} ture
[10:18] {Threei} can dive or spike 10 cents in one gasp
[10:20] {ese} tks
[10:24] {nemo} amed absorbing volume increase in a somall range after declining highs...possible short?
[10:24] {nemo} somall=small
[10:24] {dino} dk nemo, caution as dropped from 43 last week to 30
[10:25] {nemo} yeah, the CEO left?
[10:25] {dino} wou;d think 40 strike comes into play in couple days
[10:26] {dino} been buying the pullbacks for days, that has been working, fwiw
[10:27] {ese} L swks .01 1k lot here on pullback
[10:28] {ese} see if it can get back to it's high of the day
[10:29] {dino} swm
[10:30] {ese} it's been upgrades up the ying yang...should acount for something
[10:30] {ese} upgraded
[10:30] {nemo} next we should hear a rumor of a buyout
[10:30] {Threei} US FTC Chairman: There exist scams aimed at defrauding Govt of stimulus cash - Senate testimony
[10:30] {Threei} nnnnoooooo
[10:30] {nemo} yeah, it's called the budget
[10:30] {Threei} my world comes crashing down
[10:30] {ese} noooooooooo!!!!!!!!
[10:30] {ese} nodbody would do that
[10:31] {Threei} you mean some people actually will steal from the government??
[10:31] {dino} i am shocked
[10:31] {Threei} our gentle trusting generous government??
[10:31] {nemo} well, the government steals from them first
[10:31] {Threei} hmmm... pres just said he loves nurses
[10:32] {nemo} in the Biblical sense?
[10:32] {dptl} lol
[10:32] {Threei} and hurriedlt added that Michelee knows
[10:32] {nemo} probably has her dress up for him
[10:32] {nemo} oops
[10:32] {nemo} sorry
[10:32] {Threei} sigh
[10:32] {dino} i prefer waitresses, i ask for something, they bring it
[10:32] {Threei} nemo
[10:33] {Threei} how about we institute this rule for you:
[10:33] {nemo} yeah....
[10:33] {Threei} you type what you have to say,
[10:33] {nemo} count to 1000
[10:33] {Threei} then read it,
[10:33] {Threei} then inhale
[10:33] {Threei} then exhale
[10:33] {Threei} then read it again
[10:33] {Threei} and only then decide if you want to hit that enter
[10:34] {Threei} GM To reportedly offer 60 day money back guarantee on new vehicles - unconfirmed report (related F F.IT )
[10:34] {Threei} good bye rent
[10:34] {ese} a couple of months back somebody on this board suggested that instead of the stimulus package they should fund every american 1 million dollars....population is what 350/400 million........would have been a better way to do it I think
[10:34] {dino} lol, and you think repos are a problem
[10:34] {Threei} I come for vacation, I buy GM vehicle, I return in in two weeks
[10:34] {dino} me, i sduggeted that
[10:35] {ese} lots of merrit to it I think dino
[10:35] {nemo} yeah, the logic is so iron clad, it's ridiculous
[10:35] {dino} ty guys, usually i'm off base
[10:35] {Threei} cool nemo, from the time it took you to react I assume you started implementing the rule {G}
[10:35] {nemo} [10:34] {ese} a couple of months back somebody on this board suggested that instead of the stimulus package they should fund every american 1 million dollars....population is what 350/400 million........would have been a better way to do it I think
[10:36] {nemo} check your math ese:
[10:36] {ese} everybody get 1 mil......nobody will want o steal......
[10:36] {nemo} 350,000,000 X1,000,000= 350,000,000,000,000
[10:36] {Threei} lol
[10:36] {ese} OK half a mil then
[10:36] {Threei} anyone actually understands that?
[10:37] {Threei} HIG...
[10:37] {Threei} HIG Exec: Does not make sense to become a leader in the annuity market (23.06, +0.05, 0.22%)
[10:37] {Threei} this is the reason for spike?
[10:38] {ese} 1/4 of a mil ?
[10:38] {nemo} you're a math teacher, aren't you?
[10:39] {Threei} HIG tortures me
[10:39] {magoo} u mean "us"
[10:39] {Threei} something happens there
[10:39] {Threei} but can't pinpojnt eh setup
[10:39] {ese} ya they chuck me into a math classroom when nobody else will do it
[10:39] {Threei} eh = the
[10:41] {dino} what the heck yesterday they admitted that they blew 85billion on gm,chrysler
[10:42] {dino} maybe should've just given us all a 50k auto
[10:42] {Threei} BCRX Stock trading higher ahead of Rodman & Renshaw conference presentation at 2:25pmET (11.39, +0.51, 4.69%)
[10:43] {Threei} HIG, I am crying
[10:43] {nemo} aig, I'm crying
[10:43] {Threei} VVUS
[10:43] {Threei} hard pullback
[10:44] {Threei} US) Reportedly a group of 20 congressmen have sent a letter to CFTC's Gensler requesting limitations on energy market speculators
[10:44] {Threei} imbecils
[10:48] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 11amET
[10:48] {Threei} **consensus expectations:
[10:48] {Threei} Crude: -1.6Me
[10:48] {Threei} Gasoline: -1.4Me
[10:48] {Threei} Distillate: +750Ke
[10:49] {Threei} can't believe it
[10:49] {Threei} I am looking at HIG ever since it started touching 23 for a break
[10:49] {nemo} politician told the truth?
[10:49] {Threei} and can't find setup
[10:50] {Threei} and thing goes a buck
[10:50] {Threei} what was the name of that sitcom...
[10:50] {Threei} just shoot me
[10:50] {nemo} had that one shot at .05
[10:50] {nemo} pun intended
[10:51] {nemo} that was the name of the sitcom
[10:51] {nemo} George Segal
[10:52] {nemo} look at AIG go too
[10:52] {dino} amag
[10:56] {nemo} hig pullback
[10:58] {dino} out ebix .50,
[10:58] {dino} +1.59
[10:59] {larisa} gj
[10:59] {ese} nice dino
[10:59] {ese} what was you in 47?
[10:59] {dino} ty
[10:59] {ese} your
[10:59] {dino} 47.91
[10:59] {dino} posted above
[11:00] {ese} nemo dcc
[11:04] {dino} avav hl l .00 stop .68
[11:11] {Threei} US House Speaker Pelosi: Confident US Pres Obama will sign healthcare reform bill this year (related IYH )
[11:15] {dino} cstr stopped .59, -.15
[11:16] {dino} amag hmmm
[11:19] {ese} ahhhh come on swks.........should i take my 40 bucks and be done with it or should i hold on........lets have a board vote for fun
[11:19] {dino} hl l amag .80, stop .49
[11:20] {ese} am counting on vads assesment of this stock.....can bounce .10 in a heartbeat
[11:21] {ese} and this one is making 5 year highs.......keeps going up until it doesn't
[11:23] {dino} take the $
[11:23] {dino} mkt not cooperating
[11:23] {ese} ok......we have one take the money
[11:23] {Threei} all morning mkoves occured within 13 points NQ
[11:23] {dino} and buy me lunch
[11:23] {nemo} Yeah, go Steve Miller
[11:23] {Threei} be happy wqe found what we did
[11:24] {ese} true.......
[11:24] {nemo} No HOPE allowed
[11:24] {nemo} (as swks continues to creep higher)
[11:25] {Threei} I missed your entry ese
[11:25] {Threei} where are you in from?
[11:25] {ese} .01 vad
[11:25] {Threei} cool beans
[11:25] {Threei} sell half if in doubt
[11:25] {ese} 1k.....for the excitement of it all
[11:26] {Threei} trail stop to b/e
[11:26] {Threei} see if you get breakoput for the second half
[11:26] {Threei} sheesh, my typing becomes worse by minute
[11:27] {ese} done stop .02 to cover commision
[11:27] {nemo} amed running for strike Dino
[11:28] {ese} out 1/2 .22 +.21
[11:29] {ese} this is working like a plan
[11:29] {Threei} stress-free trading
[11:29] {dino} pretty much there imo nemo, 40s
[11:29] {nemo} vvus vad
[11:29] {ese} question far will it go after .25
[11:29] {dino} hard stop .49 so let her trade
[11:29] {Threei} and just two years ago you didn't believe me it was possible
[11:29] {Threei} no read nemo
[11:29] {Threei} it's on my screen
[11:30] {Threei} Mitsubishi Motors Chrysler, Mitsubishi and Hyundai have ended manufacturing alliance
[11:30] {Threei} - Chrysler's GEMA plant would have produced engines for all three auto makers, will now make engines for Chrysler alone.
[11:31] {Threei} oil numbers soon
[11:32] {dino} sopped amag
[11:32] {nemo} huh? oh
[11:34] {dino} stopped....vad spelling issues
[11:34] {nemo} yeah
[11:34] {Threei} sorry dino
[11:34] {fernp} lol
[11:34] {dino} your fault vad
[11:34] {dino} :)
[11:35] {Threei} I know
[11:35] {Threei} UAUA is back to highs
[11:36] {nemo} you picked the bottom on amag dino
[11:37] {dino} f'ing amed
[11:37] {dino} amag
[11:37] {nemo} yeah
[11:39] {nemo} bullish oil report
[11:41] {dino} trgl?
[11:43] {_gnslng} .
[11:43] {nemo} ?
[11:44] {Threei} no news TRGL
[11:48] {dino} missed it
[11:49] {dino} cstr hl l .35 last try
[11:51] {Threei} hmm
[11:51] {Threei} I think I forgot to post oil numbers
[11:51] {Threei} *DOE CRUDE: -5.9M V -1.6ME; GASOLINE: +2.07M V -1.4ME; DISTILLATE: +1.99M V +750KE; CAPACITY UTILIZATION: 87.2% V 86.8%E.
[11:51] {Threei} - Distillate demand -15K bpd to 3.48M bpd
[11:51] {Threei} - Gasoline demand -195K bpd to 9.28M bpd
[11:51] {nemo} [11:39] {nemo} bullish oil report
[11:52] {Threei} case of inhale and exhale
[11:52] {Threei} don't add that much value {G}
[11:52] {Threei} market hasn't reacted either way anyway
[11:52] {nemo} yeah, should have had a question mark after it. ERX popped but then dropped back.
[11:53] {nemo} Loook oil inventory down....mmmmmhhh....gas inventory up
[12:03] {dino} trgl s .90
[12:03] {dino} hl
[12:03] {dino} prx
[12:11] {Threei} (US) Senator Baucus (D): President Obama has injected "new life" into the healthcare reform process in the Senate
[12:11] {Threei} - Senator Baucus says his committee's plan closely tracks Obama's priorities.
[12:14] {Threei} things are frozen solid
[12:15] {nemo} coma time
[12:16] {Threei} ese, look dcc please
[12:17] {nemo} see that volume spike on cstr dino
[12:18] {dino} y
[12:18] {dino} didn't move it
[12:18] {nemo} bringing some volume in though
[12:19] {dino} two edge sword
[12:21] {nemo} yeah, if it doesn't move it
[12:22] {dino} the only way it moves is if i get out
[12:22] {nemo} or i get in
[12:23] {dino} lol
[12:23] {nemo} wouldn't do that to you Dino
[12:23] {nemo} be guaranteed to test the low
[12:29] {dino} amag hl l .61 stop .39 last try
[12:34] {Threei} US) Fed's Lockhart: Must remain mindful of the global role of the USD, level of US public debt is sustainable despite recent growth; says Fed is not monitizing debt
[12:34] {nemo} Can't wait for Santa to visit
[12:35] {Threei} you arwe so cynical
[12:35] {Threei} I for one believe him
[12:35] {nemo} learned from you
[12:35] {Threei} well, magoo also learned typing from me
[12:35] {Threei} look where it got him
06[12:36] * nemo crawls in cave...closes door...pulls blanket over head
[12:36] {Threei} - US will depend less on the rest of the world to finance debt as current account balance shrinks
[12:37] {Threei} VVUS flatlined
[12:37] {Threei} often starts anther climb after such stall
[12:38] {Threei} let's say,
[12:38] {Threei} 15 long,
[12:38] {Threei} stop under 12,
[12:38] {Threei} and considering time of the day'
[12:39] {Threei} discretionary ttade
[12:39] {Threei} you likey - you takie
[12:40] {nemo} they heard you call your stop
[12:53] {Threei} stuill valid but I am not too jazzed about it
[12:54] {Threei} whole market is frozen
[12:54] {Threei} so we are in coma
[12:54] {Threei} HIG is active though
[12:57] {Threei} VVUS invalidated now
[13:05] {ese} yaaaaaaaaaaaaaaawn.........still watching swks.........somebody otta give it a good swks in the???? stock trading in slow motion
[13:08] {Threei} 44% Favor Presidents Health Care Plan, 53% Oppose
[13:11] {dino} avav stopped -.22
[13:12] {dino} cstr stopped -.27
[13:19] {Threei} want to start trying HIG for an ultimate breakout?
[13:19] {Threei} .400 break is long trigger
[13:19] {Threei} stop under .30 for daytraders
[13:19] {Threei} under .35 for hardcore scalpers
[13:20] {Threei} won't be ab easy trade by any means
[13:20] {magoo} ok
[13:21] {dino} rcl s .01
[13:29] {fernp} invalidate HIG, no?
[13:29] {nemo} broke .30
[13:29] {nemo} short below .25?
[13:30] {nemo} which is R2
[13:32] {Threei} HIG is kind of on and off
[13:32] {Threei} invalidated but can reestablish itself
[13:32] {Threei} US) Senior Fed Economist suggests 2% inflation target may be too low - WSJ
[13:32] {Threei} - higher target may be needed to avoid restraints while rates are extraordinarily low
[13:33] {nemo} I've got a real nasty thing to say to him
[13:33] {Threei} I don't
[13:33] {nemo} why
[13:33] {Threei} physical violence is the opnly thing I see as approriate
[13:33] {nemo} after my own heart
[13:33] {Threei} no words can help in this case
[13:36] {dino} the only way out is to re-inflate it
[13:37] {nemo} that's the problem, it's not working
[13:37] {dino} don't kid yourself, the powers that be want to remain in power
[13:37] {Threei} IA) US Officials: Iranian proposal does not necessarily respond to US concerns over nuclear program
[13:37] {nemo} I understand, but the ability to reinflate has been waning with each bubble...asymptotic
[13:37] {Threei} sure dino, but so far they just couldn't find the way to do that
[13:37] {Threei} right, what nemo said
[13:38] {nemo} I channeled that
[13:38] {Threei} there are voices that say:
[13:38] {dino} it will happen, world is just a bit afraid so propping $, give it time
[13:38] {nemo} Vad, that's sticking your chin out
[13:38] {Threei} no amount of money printed can return us to inflation at this point UNTIL we print enough to cover the debt
[13:38] {dino} nah
[13:39] {magoo} vad..mkt ram or rot in last hour and half iyo?
[13:39] {Threei} and with THIS amount of debt, we haven't started making a dent in it
[13:39] {dino} debt will not matter once dollar devalues
[13:39] {Threei} neither mags
[13:39] {nemo} if $ devalues who can afford what?
[13:39] {Threei} I am not saying those voices got it exactly right
[13:40] {Threei} but there is something to it
[13:40] {dino} hard assets go up nemo
[13:40] {nemo} but crushes consumer
[13:41] {Threei} HIG... pullback entry is obviously better way to play it,
[13:41] {Threei} problem is, unlike many stocks we play on pyullbacks,
[13:41] {Threei} this one doesn't form a minirange before bouncing back
[13:41] {dino} in beginning no, better than deflation by far. inflation is hidden until out of control, say over 10%
[13:43] {Threei} let's try conservative entry on HIG
[13:44] {Threei} broke, retreated a bit
[13:44] {Threei} if we are lucky, we may get pullback to .35 or so
[13:44] {magoo} nice chart
[13:44] {Threei} come on HIG, a bit more down
[13:45] {ese} come on swks...a bit more up
[13:46] {_gnslng} .
[13:46] {nemo} ?
[13:47] {ese} ?
[13:48] {Threei} \|/
[13:48] {fernp} i dont understand you
[13:48] {dino} rimm hl l .50rcl stopped -.06
[13:48] {nemo} amzn flying
[13:48] {Threei} very shallow pullback HIG
[13:49] {magoo} must
[13:49] {Threei} I suspected as much
[13:49] {nemo} where mags?
[13:49] {Threei} hate this kind where I can't give exact entry
[13:49] {dino} avav l .78 last try
[13:50] {Threei} let's compare notes mags
[13:50] {Threei} I took .38
[13:50] {Threei} you?
[13:50] {magoo} .25
[13:50] {Threei} I hate you
[13:51] {magoo} i know
[13:51] {larisa} .25 13:36? or earlier?
[13:51] {nemo} john 3:16
[13:51] {magoo} yes
[13:51] {nemo} clear as mud
[13:51] {larisa} perfect entry
[13:52] {magoo} been stalkin it all day
[13:52] {Threei} US Treasury's Geithner: Banking system has a lot more capital now - testimony Q
[13:52] {Threei} oh good
[13:52] {Threei} I am happy for them
[13:52] {dino} s/p broke highs 1038
[13:52] {dino} 39
[13:52] {Threei} financial system now is stronger than on the eve of the collapse - testimony Q
[13:52] {Threei} - Notes that the financial system is less likely to be a headwind
[13:53] {Threei} with guys like Geiithner, what chance do I ahve to defend my title of Captain Obvious?
[13:54] {nemo} you're toast
[13:54] {dino} rimm to b/e
[13:54] {Threei} Motorola Inc CO-CEO: MOT will announce a new smartphone product called Cliq today that is android based
[13:54] {Threei} - Aiming to unveil an additional smartphone in coming weeks. To sell Cliq through T-mobile in the US; and be available for holidays
[13:54] {Threei} - Note: on 8/28 MOT commented that it was building its phone business around the GOOG android platform
[13:57] {magoo} where u thinkin ecit vad?
[13:58] {Threei} ecit?
[13:58] {nemo} It's Threeish
[13:58] {Threei} exit? oh boy
[13:58] {ese} out in full, 1/2 lot swks .37 +.36
[13:59] {Threei} wtg ese
[13:59] {Threei} mags, you really need to distance yorself from me a bit
[13:59] {Threei} it progresses
[13:59] {ese} thats it for moi today everyone.....see you tomorrow......
[13:59] {Threei} take care ese
[13:59] {nemo} What's a half lot for you ese, 10k shares?
[13:59] {Threei} I'd think somewhere above .70 mags
[13:59] {ese} love that stress free trading style of yours vad
[13:59] {Threei} but partial
[13:59] {dino} out rimm +.20
[14:00] {ese} 500 shs.......should have been this time nemo
[14:00] {ese} cya
[14:00] {Threei} yeah... try to do it with stress for years, day in day out,
[14:00] {Threei} you'll be burnt out pretty fast
[14:00] {dino} cya es
[14:02] {dino} 9630 resis.
[14:02] {dino} bang
[14:08] {Threei} VNDA Hearing takeover chatter circulating
[14:08] {Threei} - Takeda rumored as potential acquirer (13.90, +0.67, 5.06%) (related 4502.JP )
[14:08] {Threei} suuure
[14:08] {Threei} rumor mill just goes over all the recent names
[14:09] {Threei} whoever bough at 14.17 a few min ago thinks now "jeez, let the buyout come soon enough and be at 14.20 at least"
[14:11] {dino} \out avav +.11
[14:16] {Threei} how did I miss BRCM
[14:16] {Threei} 38 breakout, textbook
[14:16] {nemo} you mean 30?
[14:17] {nemo} cat same at .28
[14:18] {Threei} and scanner had it
[14:18] {nemo} Mags' fault
[14:18] {Threei} must be
[14:19] {dino} avav l .01 ave
[14:24] {magoo} out .89 vad HIG TY
[14:24] {Threei} wtg
[14:25] {Threei} this one worked fine, except entry was tough to call
[14:26] {magoo} not showing my out, but got .89
[14:26] {Threei} 14:25, printed .89
[14:26] {dino} avav to .18
[14:27] {dino} swm
[14:28] {dino} out avav .22, +.21
[14:29] {dino} opps slippage ave .20
[14:29] {dino} titn all day stopped -.20
[14:32] {dino} swm s hl .06
[14:33] {Threei} BCRX Reiterates expects to begin the US phase 3 trials of Premavir flu treatment this fall and winter- conf slides
[14:33] {Threei} - the drug has already been in phase 3 trials in Asia. (10.89, +0.01, 0.09%)
[14:44] {dino} swm tighten bstop to .27
[14:46] {dino} dv
[14:51] {dino} omcl
[14:55] {dino} rcl s .55
[14:55] {Threei} HIG new high
[14:58] {Threei} interesting, no other finnie is that strong
[15:02] {Threei} good pullback
[15:02] {Threei} .90 break long
[15:02] {Threei} for bounce
[15:02] {Threei} styop under .85
[15:06] {Threei} no go
[15:09] {Threei} ZGEN Discloses prelim results of Phase2 study by MRK on rheumatoid arthritis did not meet pre specific level of diseas contol activity (6.38, -0.04, -0.62%) (related MRK )
[15:09] {Threei} ouch
[15:09] {dino} zgen
[15:09] {dino} opps
[15:10] {Threei} caught short just above 6
[15:10] {Threei} out 5.60
[15:12] {dino} reload?
[15:12] {Threei} not sure
[15:12] {Threei} forst reaction is emotions
[15:13] {Threei} for another entry gotta look into company
[15:13] {Threei} what else do they have ina pipeline
[15:13] {Threei} how important this particular drug was for them
[15:14] {dino} gut says if gets close to hod short it
[15:15] {dptl} have a good evening all
[15:15] {Threei} take care dp
[15:15] {dino} cya dpppppppp
[15:16] {dptl} :)
[15:20] {dino} rcl to .45
[15:20] {dino} cov +.10
[15:28] {dino} zgen s .10
[15:30] {dino} swm stopped -.21
[15:30] {fernp} have a good evening everybody. see u all tomorrow
[15:30] {Threei} take care fern
[15:30] {dino} cya fern
[15:31] {Threei} Market Internals update at 3:30pmET
[15:31] {Threei} - NYSE volume 895M shares, about 6% above its three-month average; advancers lead decliners by 2.3:1.
[15:31] {Threei} - NASDAQ volume 2.03B shares, about 12% above its three-month average; advancers lead decliners by 1.3:1.
[15:31] {Threei} - VIX index -2.75% to just over 23.50
[15:32] {Threei} joined you dino
[15:32] {Threei} stop above .20
[15:33] {Threei} doesn't want to drop
[15:33] {Threei} oh well
[15:33] {nemo} market rising
[15:33] {dino} nope
[15:33] {Threei} ZFEN has nothing to do with market direction
[15:33] {dino} zgen that is
[15:33] {Threei} ZGEN'
[15:34] {dino} seems bad is good for it
[15:35] {Threei} no signs of late day run in UAUA
[15:36] {Threei} nor VVUS
[15:36] {magoo} how about hig
[15:36] {Threei} just sits there as well
[15:37] {Threei} although this one can spike out of nowhere
[15:43] {Threei} C Citigroup officers win dismissal of auction rate securities (ARS) lawsuit that claimed they manipulated the market (4.72, +0.06, 1.29%)
[15:43] {Threei} SEC will propose new rules on Flash orders on Sept 17
[15:43] {Threei} imbecils
[15:44] {dino} avav l .75
[15:48] {Threei} okay guys, don't want to engage in anything this late
[15:49] {Threei} too slow day
[15:49] {dino} trgl stopped -.12
[15:49] {Threei} except morning plays, nothing much came about
[15:49] {Threei} somehowI slept through BRCM perfect setup though
[15:49] {Threei} oh well
[15:49] {Threei} have a good evening, see you tomorrow
[15:50] {dino} nav l .30
[15:50] {larisa} bye :)
[15:51] {dino} cya larisa
[15:51] {larisa} :)
[15:57] {dino} nav stopped
[15:58] {dino} avav out .86 +.11