Tuesday, September 15, 2009

Sep 15 2009

Freeport, Bahamas conference - January 2010
Vad's sessions - 2 days, including live trading

First half of the day was not too bad with strong IACI and BCRX plays, and couple scalps/stops. Second half however was the embodiment of the boredom. Oh well.

Session Time: Tue Sep 15 00:00:00 2009

[08:06] {magoo} mornink comrades
06[08:07] * nemo slaps magoo around a bit with a large trout
[08:09] {magoo} BCRX
[08:11] {nemo} in :)
[08:14] {magoo} where?
[08:14] {Threei} 7:30:56 AM
[08:14] {Threei} Biocryst Pharmaceuticals Inc Signs partnership deals for representing Peramivir outside the US
[08:14] {Threei} - Signed binding letters of intent with three partners who will exclusively represent BioCryst and its anti-viral peramivir for influenza stockpiling opportunities, as well as for marketing and distribution of peramivir for seasonal influenza upon local regulatory approval, within their territories outside the U.S.
[08:14] {Threei} - Each partner will immediately begin meeting with key government officials in their respective territories to discuss peramivir''s availability during this global health emergency.
[08:14] {Threei} - New partners include moksha8 Pharmaceuticals, Inc. for Brazil and Mexico, NT Pharma (Group) Co., Ltd. for China and Neopharm Group for Israel.
[08:17] {magoo} the runner de jour vad?
[08:17] {nemo} ooh...so cosmopolitan mags
[08:18] {Threei} hmmm
[08:24] {Threei} LVS next leg
[08:25] {nemo} we can still short aig
[08:26] {Threei} IA) Russian Pres Medvedev: Iran has a right to a civilian nuclear program
[08:27] {Threei} (UK) Chancellor Darling: Sees encouraging sings in UK economy, still believes US will exit recession by year end
[08:28] {Threei} UAUA upticking
[08:29] {Threei} *AUG ADVANCE RETAIL SALES: 18.9% V 1.9%E
[08:30] {Threei} AUG ADVANCE RETAIL SALES: 1.1% V 1.9%E; EX AUTOS: 0.6% V 0.4%E
[08:30] {Threei} AUG PRODUCER PRICE INDEX M/M: 1.7% V 0.8%E; PPI EX FOOD&ENERGY M/M: 0.2% V 0.1%E
[08:31] {Threei} AUG EMPIRE MANUFACTURING 18.9 v 15e
[08:32] {Threei} FCEL Wins contract
[08:34] {Threei} DOE awarded it approximately $1.9M for the Development of a Microchannel High Temperature Recuperation
[08:41] {magoo} u grab any LVS vad?
[08:41] {Threei} no
[08:44] {nemo} doesn't the CTFC release guidelines on commodities trading leverage today?
[08:44] {Threei} don't remember... why is it important?
[08:45] {Threei} I don't think there will be any real surprizes
[08:45] {nemo} well, when they announce Summer of 2008 changes in leverage, and anti-shorting rules, the energy market tanked
[08:46] {Threei} that was very different situation
[08:46] {nemo} yes
[08:46] {fernp} good morning everybody
[08:46] {Threei} fern :)
[08:46] {nemo} haroo
[08:50] {nemo} mags...look
[08:51] {Threei} oh boy
[08:51] {Threei} just don't start day with it
[08:51] {nemo} pres speaking?
[08:51] {Threei} let's make some money, then start flipping trout around
[08:51] {Threei} get your priorities straight {G}
[08:51] {nemo} dndn down a bit
[08:52] {nemo} Our drinking club had a motto: "Forward...never straight."
[08:53] {lasertrev} good morning all. If anyone has any questions re: laser, you can contact me at DELETED
[08:53] {Threei} hi trev, thank you
[08:54] {Threei} one question
[08:54] {lasertrev} yes
[08:54] {Threei} urgent closing of open positions, we are calling you or dave?
[08:55] {magoo} i had same question
[08:55] {magoo} say my computer crashes, i call u?
[08:55] {magoo} to sell me out
[08:55] {lasertrev} dave for the next week or so, then me
[08:55] {Threei} cool beans
[08:56] {magoo} thats critical info to know
[08:56] {lasertrev} computer crash, u can call me
[08:57] {lasertrev} I am always in direct contact with Dave
[08:57] {dino} gm all
[08:58] {Threei} just so you know and are warned: when magoo's computer crashes and he needs urgent sell, he sounds like 13 years old schoolgirl forbidden to go to pop-star concert
[08:58] {Threei} dino :)
[08:58] {magoo} c'mon
[08:59] {lasertrev} lol, good to know
[08:59] {magoo} thats only when i got 6k aig in a freefall
[08:59] {nemo} well, if you're short-no problem :)
[08:59] {magoo} and it feels like im in protologists office
[09:00] {nemo} the old sygmoidoscope
[09:01] {cosmo} ah ...pokemon
[09:01] {nemo} that's an interesting way to put it
[09:02] {Threei} ok... lol but don't go any futher in that direction
[09:02] {cosmo} gotcha...
[09:02] {nemo} I'm showing remarkable restraint
[09:03] {Threei} that was mostly for nemo, cos...
[09:03] {nemo} hehehehe
[09:03] {cosmo} yea...time for those meds....
[09:04] {magoo} notice..i make the snowballz...nemo throws them and ghrets in trouble :)
[09:05] {nemo} Well...sometimes I do it all by myself
[09:06] {Threei} Support for Health Care Plan Falls Back To Pre-Speech Levels
[09:07] {Threei} Sic transit gloria mundi
[09:07] {nemo} wow
[09:07] {Threei} what, too fast?
[09:07] {Threei} or you are surprised I speak latin?
[09:08] {nemo} no impressed...actually will have to use that in my writing...we normally say "all things are temporary"
[09:08] {magoo} yhoo upgrades
[09:08] {larisa} gm :)
[09:09] {Threei} larisa :)
[09:09] {Threei} 51% Say Michelle Obama Involved in Policy Decisions
[09:10] {Threei} down from 58% in March
[09:10] {Threei} anyone knows why it's so important that I post it?
[09:11] {ese} good morning
[09:11] {Threei} ese :)
[09:11] {ese} hey vad
[09:11] {magoo} LVS
[09:12] {magoo} i believe target was 21
[09:12] {ese} that what were lookkin at mags
[09:12] {magoo} 19 seems inevitavble
[09:14] {ese} one gets the feeling with axl that if make it past the 2 day high 8.12 .....it's a lunga gunga
[09:21] {ese} china...shs raised to outperform
[09:21] {Threei} CVM Ticks higher on report from "Biomeds.com" stating "CEL-SCI''s H1N1 Treatment and Vaccines Getting Some Attention From U.S. Government"
[09:21] {Threei} - According to the report, the company had been in discussions over the past several days with multiple government groups interested in expediting CEL-SCI''s H1N1 efforts.
[09:26] {ese} lvs up another .75......goodness
[09:28] {Threei} so far, watching
[09:28] {Threei} LVS
[09:28] {Threei} UAUA
[09:28] {Threei} BCRX
[09:28] {dptl} good morning all
[09:28] {Threei} GE
[09:28] {Threei} dp :)
[09:29] {nemo} bcrx
[09:29] {nemo} oops
[09:32] {Threei} Long Setup: BCRX 11.90 break if stays above 11.80
[09:32] {ese} l bcrx .94
[09:33] {ese} not quick enough to get .91
[09:33] {Threei} Long Setup: UAUA .60 break if stays above .50
[09:34] {Threei} BCRX hit over 1:1 faster than
[09:34] {Threei} ummm... no dceent comparison
[09:34] {nemo} substance through a goose
[09:35] {ese} bcrx stopped .78
[09:35] {Threei} under the stop now
[09:35] {Threei} shrug
[09:35] {ese} -.16
[09:36] {Threei} LVS pullback
[09:36] {fernp} ty UAUA Vad
[09:37] {Threei} you out already??
[09:37] {fernp} .69
[09:37] {Threei} OK... feels like capable of more to me
[09:37] {dino} amed l .48
[09:37] {Threei} UAUA over 1:1
[09:39] {fernp} yes, too soon. scalpers regret :)
[09:39] {Threei} half out .74
[09:39] {dino} to .60
[09:40] {ese} you were right about lvs mags.....made 19
[09:40] {Threei} 1/4 more out /90
[09:40] {Threei} .80
[09:41] {dino} out ave .70 amed, +.22
[09:42] {dino} cde l .10, stop .98
[09:43] {Threei} Long Setup: BAC .20 if stays above .10
[09:44] {dino} out cde .21, +.11
[09:45] {Threei} let's modify BAC
[09:45] {Threei} .10 break long
[09:45] {Threei} if stays above .05 for scalpers, above 17 for day traders
[09:46] {ese} l bcrx .75
[09:48] {Threei} Long Setup: IACI .73
[09:48] {Threei} if stays above .65
[09:50] {Threei} no wrky BAC
[09:51] {fernp} out BAC
[09:51] {ese} out bcrx .93 +.18
[09:51] {Threei} UAUA
[09:51] {dino} cake s .51
[09:52] {ese} don't like that stock....don't like the way it trades
[09:52] {Threei} looking for pullback entry
[09:52] {nemo} trading with market now
[09:52] {magoo} BCRX
[09:52] {Threei} .66 if holdijg above .60
[09:53] {dino} to b/e cake
[09:55] {fernp} stopped UAUA
[09:55] {Threei} market weakened
[09:55] {Threei} backing off for now
[09:57] {dino} cov cake .41, +.10
[09:58] {nemo} iaci still valid
[09:58] {Threei} I think so
[09:58] {Threei} barely touched under .65
[09:59] {Threei} Preview: Fed's Bernanke to speak at 10amET at Brookings Institute
[09:59] {Threei} - Bernanke will repeat his Aug 21 speech from the Jackson Hole symposium titled "Reflections on a year in Crisis"
[09:59] {Threei} - he will do a Q&A afterward
[09:59] {nemo} iaci
[10:00] {fernp} in IACI
[10:00] {Threei} S&P Depository Receipts *JULY BUSINESS INVENTORIES: -1.0% V -0.9%E
[10:01] {ese} L dndn .71
[10:02] {ese} thats a name we haven't heard to much from lately dndn
[10:03] {dino} reddddddd
[10:05] {fernp} HIG double bottom?
[10:05] {ese} out dndn .81 +.10
[10:05] {nemo} kick iaci please
[10:05] {dino} amed l .50
[10:06] {Threei} stop is a bit too far, fern
[10:08] {dino} amed stop is .45
[10:08] {dino} amag?
[10:08] {nemo} wow tight for you dino
[10:09] {Threei} tough call but
[10:09] {Threei} Long Setup: BCRX .10 break
[10:09] {Threei} stop under 12
[10:09] {Threei} not a scalp
[10:09] {Threei} momo candidate
[10:10] {nemo} fast
[10:10] {magoo} ib
[10:10] {magoo} in
[10:10] {Threei} 1:1 in a blink of eye
[10:10] {nemo} didn't get to blink
[10:11] {Threei} far from done IMO
[10:11] {nemo} 1:1 iaci
[10:11] {fernp} ty IACI Vad
[10:11] {Threei} IACI 1:1, half out
[10:11] {Threei} half out BRCX .31
[10:11] {dino} to .49 amed stuck
[10:12] {ese} l dndn .85
[10:12] {Threei} ok... life looks brighter
[10:12] {Threei} SVNT Hearing takeover chatter circulating in name
[10:12] {Threei} - Rumor states that firm is in discussions with AMGN (16.25, +0.37, 2.33%) (related AMGN )
[10:12] {nemo} Oh, is it dawn there?
[10:13] {ese} out dndn .95
[10:14] {Threei} Massachusets needs some serious purge... if that's what going for humor over there
[10:14] {nemo} axl vad
[10:14] {nemo} Puritan state
[10:14] {Threei} what about AXL?
[10:14] {ese} +.10
[10:14] {nemo} bottoming?
[10:14] {dino} slipped amed stopped -.05 ave
[10:15] {Threei} I don't see anything definitive on it
[10:15] {dino} kbr down
[10:16] {Threei} BCRX, for those who go for momo trade:
[10:16] {Threei} two levels to take, .35 and .50,
[10:16] {Threei} if successful, should go for 13
[10:17] {ese} no pullback vad?
[10:18] {Threei} ?
[10:18] {ese} l bcrx
[10:18] {ese} 28
[10:18] {Threei} see this pace pickup?
[10:19] {magoo} in it vad
[10:19] {ese} out .37 +.09
[10:19] {ese} bcrx
[10:19] {Threei} you scalper you
[10:21] {dino} crm l .25
[10:25] {larisa} VVUS?
[10:25] {Threei} probably it's turn to have rumor finally
[10:25] {larisa} only fair :)
[10:26] {Threei} yeah, it was my rumor candidate for what, couple days now?
[10:26] {Threei} yessss!!!
[10:26] {Threei} VVUS Hearing renewed takeover chatter circulating (11.55, +0.31, 2.76%)
[10:27] {Threei} BCRX, fizzled out for now
[10:27] {Threei} trailed second half stopped b/e
[10:28] {Threei} so, I believe we have rumor machine mechanics figured out
[10:29] {Threei} number of stocks that had nice runs with some news, then calmed down and retreated,
[10:29] {Threei} those become target for rumor mongering
[10:29] {Threei} idea is simple:
[10:29] {Threei} names is fresh in traders' minds,
[10:29] {Threei} name
[10:29] {Threei} they remember it can run,
[10:30] {Threei} they view it as second opportunity
[10:30] {Threei} and it looks plausible in light of recent news
[10:30] {ese} L lvs .71
[10:30] {Threei} so they hit it hard
[10:31] {Threei} Market Internals update at 10:30amET
[10:31] {Threei} - NYSE volume 325M shares, about 25% above its three-month average; decliners lead advancers by 1.1:1.
[10:31] {Threei} - NASDAQ volume 600M shares, about 11% above its three-month average; decliners lead advancers by 1.2:1.
[10:31] {Threei} - VIX index +0.6% to just below 24.00
[10:31] {ese} out lvs .75 +.04
[10:31] {Threei} it's kind of hard to nail exact name and order, but VVUS is great example
[10:31] {Threei} we predicted yesterday that rumor on it will be out soon
[10:33] {Threei} OK IACI
[10:33] {Threei} 1:2
[10:33] {Threei} let's make up our collective mind
[10:33] {Threei} to me, looks like 1/4 more out,
[10:33] {Threei} stop to under .80
[10:33] {Threei} and offer last portion at .95 or so
[10:34] {nemo} Magoo will do .949
[10:35] {nemo} stop for last Vad? .83?
[10:35] {ese} l ntap .83
[10:36] {Threei} stop for what?
[10:36] {nemo} iaci
[10:36] {Threei} ummm
[10:36] {Threei} [10:33] {Threei} stop to under .80
[10:36] {nemo} duh
[10:36] {Threei} reading comprehension 101 is in order?
06[10:37] * nemo slaps nemo around a bit with a large trout
[10:37] {nemo} aig
[10:37] {nemo} nevermind
[10:37] {Threei} lol
[10:37] {Threei} three fish in one sentence
[10:38] {nemo} efficiency
[10:39] {dino} hero
[10:39] {nemo} thank you
[10:39] {nemo} oh, the stock...:)
[10:39] {Threei} rofl
[10:39] {Threei} Massachusets improves
[10:40] {Threei} in a sense of humor department
[10:41] {nemo} out iaci
[10:41] {nemo} .95
[10:41] {Threei} and here comes the bri... umm IACI
[10:41] {Threei} out in full
[10:41] {Threei} not too shabby for a slow one
[10:42] {fernp} you are good Vad
[10:42] {Threei} ah thank you
[10:42] {Threei} I have my moments
[10:42] {nemo} let's see if we have scalper's regret :)
[10:42] {Threei} good to see in a few years you have noticed {G}
[10:43] {nemo} who called the DB in Hig?
[10:44] {Threei} fern did
[10:44] {dino} ebix sm l .01 thin
[10:44] {nemo} nice fern
[10:44] {fernp} grabbed +.10 there. TY
[10:46] {KSystems} hi
[10:46] {nemo} Tag
[10:47] {Threei} KS :)
[10:48] {nemo} rimm announcing results on 24th
[10:49] {nemo} Mags, what are you trading?
[10:50] {magoo} i had 6k AIG
[10:50] {magoo} just out .28
[10:50] {magoo} takes focus
[10:50] {magoo} + .50 cents
[10:50] {Threei} and a stock of fresh diapers
[10:50] {nemo} he was so quiet, knew he was concentrating....:)
[10:50] {magoo} i have 6k LVS and BCRX
[10:50] {nemo} and wipes
[10:51] {magoo} trying fot .97 lvs
[10:51] {magoo} in it .80
[10:51] {ese} exactly what i do there magoo
[10:52] {magoo} oiut LVS .94
[10:52] {magoo} +14
[10:52] {ese} i have 6k of ntap right now.....it should make a run for 25 before the day is out
[10:52] {magoo} want 12.91 BCRX
[10:53] {magoo} long way too go
[10:53] {dino} out crm .37, +.12
[10:54] {ese} yes
[10:54] {Threei} good exit LVS
[10:55] {magoo} for room..ill change my mind on exit quick if lose the feel..so careful if u running with me
[10:56] {magoo} can always reenter
[10:57] {dino} ebix stopped
[11:00] {magoo} AIG gonna rip RISKY
[11:00] {nemo} O.K. Vad, you can dislocate your shoulder on iaci now...
[11:00] {dino} kbrl .60
[11:00] {Threei} my feeling is,
[11:00] {Threei} we are about to see resumption of that relentless march up
[11:00] {Threei} slowly, throughout the day
[11:00] {Threei} crunching resiastances
[11:00] {Threei} and roasting bears over the slow fire once again
[11:01] {magoo} agree
[11:07] {ese} l ntap avg price .78
[11:07] {fernp} UAUA Vad
[11:08] {magoo} BCRX just told me to bend over, put a dart in a slingshot...and u can figure the rest
[11:09] {Threei} UAUA became market follower
[11:11] {dino} abii
[11:12] {ese} vad opinion ntap 1min chart please
[11:12] {Threei} for scalp maybe if market helps
[11:12] {Threei} too narrow for anything else
[11:13] {Threei} and guess who is coming on TV
[11:13] {nemo} ah...exit positions
[11:13] {ese} i'm long .78
[11:13] {Threei} [10:42] {nemo} let's see if we have scalper's regret - nope... AFAIAC, perfect exit
[11:13] {Threei} on IACI
[11:13] {ese} will scalp this when it breaks above .80
[11:13] {nemo} [11:00] {nemo} O.K. Vad, you can dislocate your shoulder on iaci now...
[11:14] {Threei} I firmly intend to do just that
[11:14] {ese} it's drivin me nuts right now
[11:14] {nemo} what's your stop on KBR dino
[11:16] {dino} kbr stopped -.15
[11:16] {nemo} .-11
[11:20] {dino} sorry
[11:20] {nemo} sorry for what?
[11:21] {dino} the stop
[11:21] {dino} fire
[11:21] {nemo} wasn't your finger on the button
[11:21] {dino} :)
[11:22] {nemo} we'll blame it on Magoo
[11:22] {nemo} one suggestion Dino
[11:22] {nemo} on stocks like fire, could you alert us before the run-up
[11:22] {nemo} :)
[11:22] {dino} already did
[11:26] {nemo} cat short vad?
[11:26] {magoo} cof crushed here
[11:26] {Threei} unavailable
[11:27] {Threei} I checked a while ago
[11:27] {nemo} damn
[11:27] {dino} fire
[11:28] {dino} sm s .25
[11:33] {magoo} VAD LVS
[11:33] {nemo} kbr Dino
[11:33] {nemo} we got out at the bottom
[11:34] {dino} yes
[11:34] {dino} .50 entry may work
[11:35] {Threei} looks like getting ready for all out break mags
[11:38] {Threei} fireworks are about to start
[11:38] {Threei} it's Vegas or what, after all
[11:39] {cosmo} its a gamble...
[11:39] {nemo} nice cos...
[11:40] {nemo} alright, I have to step away...should take of
[11:40] {cosmo} APWR tests 11.20 fwiw
[11:42] {dino} stopped fire -.35
[11:43] {dino} spiked me
[11:47] {Threei} hard to tell whether it's another break or double top
[11:47] {Threei} 50/50
[11:48] {Threei} volume is not indicative either way
[11:48] {dino} ebix hl l .45 last try
[11:48] {Threei} if you are in, lighten up mags
[11:49] {magoo} out .28 LVS
[11:49] {magoo} TY vad
[11:49] {magoo} + .18
[11:49] {Threei} I meant partyial
[11:50] {Threei} you sold in full?
[11:50] {magoo} yup..no probs
[11:50] {magoo} can reload pllbk
[11:50] {nemo} 6k shares?
[11:50] {magoo} 2k
[11:50] {dino} lphi l .92 ave
[11:52] {cosmo} APWR tests 11.20 wall ...soon
[11:54] {cosmo} i think
[11:56] {Threei} candidates for market breakout:
[11:56] {Threei} LVS
[11:56] {Threei} UAUA
[11:56] {dino} hsii .40
[11:56] {dino} l
[11:57] {Threei} Long Setup: UAUA .76 if market breaks
[11:58] {Threei} Long Setup: LVS .30 if market breaks
[12:00] {Threei} Market Internals update at 12:00pmET
[12:00] {Threei} - NYSE volume 555M shares, about 25% above its three-month average; advancers lead decliners by 1.4:1.
[12:00] {Threei} - NASDAQ volume 1.05B shares, about 8% above its three-month average; decliners and advancers are about even.
[12:00] {Threei} - VIX index -0.5% to just below 24.00
[12:00] {dptl} got to leave.........have a good rest of the day all
[12:00] {Threei} take care dp
[12:00] {Threei} STSI Reports on Status of Patent Reexamination Requested by RJ Reynolds Tobacco Prior to Jury Trial
[12:00] {Threei} reported that the company''s counsel has received a notice of a first office action, or "... (0.95, -0.02, -2.06%) more... (related RAI )
[12:01] {Threei} a lot of legal mambo jambo
[12:02] {Threei} can't underdtand a word of it
[12:05] {Threei} FDIC's Bair: US financial industry is not much more stable presently (related XLF EUR/USD )
[12:05] {Threei} klol
[12:06] {Threei} make up your mind
[12:06] {Threei} president says "we pulled... from the brink"...
[12:06] {Threei} bank failures should continue at a "pretty good clip" - CNBC
[12:06] {Threei} - notes it will ultimately be a very small percentage of banks that fail
[12:08] {Threei} MS Exec: we are extremely optimistic (29.29, +0.54, 1.88%)
[12:08] {Threei} there you go
[12:08] {Threei} learn from them Bair
[12:25] {ese} hmmmmmmmmm
[12:26] {ese} that was so that i didn't get the...."ese is away(auto away)
[12:27] {Threei} you on mirc?
[12:28] {nemo} C&H on aig?
[12:28] {Threei} nah
[12:29] {nemo} nope
[12:32] {Threei} GE Hearing cautious comments from CFRA Report (8.76, +0.03, 0.34%)
[12:36] {dino} lphi stopped -.13
[12:39] {dino} ebix stopped
[12:42] {dino} crm .85 l
[13:01] {fernp} GE 15.90 break?
[13:01] {Threei} scalp only
[13:01] {Threei} too narrow
[13:03] {Threei} Berkshire's Buffett: Berkshire is buying stocks at the moment; getting 'a lot' for the money in equities (related DIA SPY QQQQ BRK.A )
[13:03] {nemo} thought he was selling last week?
[13:03] {Threei} maybe he is scalper?
[13:03] {nemo} ha...ha, ha....ha, ha, ha, ha,...hahaha
[13:10] {Threei} Long Setup: PTEN 15 break
[13:10] {nemo} stop under .90?
[13:11] {Threei} yeah... for scalpers under .95 but feels like capable of more than scalp
[13:11] {Threei} powerful break on daily
[13:11] {Threei} won't be fast though
[13:13] {nemo} lvs
[13:13] {Threei} honstly trying
[13:20] {nemo} frickin cat
[13:26] {fernp} in PTEN
[13:27] {nemo} me too
[13:27] {Threei} sorry for late alert but:
[13:27] {Threei} guess who is on TV
[13:28] {nemo} no wonder pten's tanking
[13:28] {Threei} tanking?
[13:28] {Threei} 3 cents downtick is tanking in your vocabulary?
[13:29] {nemo} no .06
[13:29] {Threei} then I guess 3 minutes ago it was flyting
[13:29] {Threei} on fire
[13:29] {Threei} soaring
[13:29] {nemo} nah, crashed on runway
[13:30] {nemo} burning on fire not necessarily good either.
[13:30] {Threei} hmm
[13:30] {Threei} labor reform is a future american people wanna build
[13:30] {Threei} I just heard it from TV
[13:30] {Threei} must be true
[13:30] {nemo} we'll be hearing the Soviet slogans soon
[13:31] {Threei} eternal glory to our party and dear leader
[13:31] {nemo} praise be to Uncle Joe
[13:32] {Threei} PALM Hearing added to Deutsche Bank's short term Buy list (timing uncertain) (14.59, +0.22, 1.53%)
[13:37] {nemo} wfc having quite the little run
[13:41] {Threei} (US) SEC is reportedly asking issuers and banks to share data used to rate bonds (related MHP MCO XLF )
[13:44] {Threei} nemo... I guess in order to stay with your definitions we can safely say that PTEN runs in place with incredible blistering speed
[13:44] {nemo} got a good treadmill
[13:45] {Threei} and if we are lucky it may move 5 cents THIS, yes, THIS millenium
[13:45] {nemo} my hair can't get any grayer, so I guess it'll just have to fall out
[13:45] {Threei} OPTR Announces Presentation of Additional Data From Fidaxomicin Phase 3 Study for the Treatment of Clostridium Difficile Infection (CDI) (13.79, +0.39, 2.91%)
[13:46] {dino} are afternoons slow lately or what?
[13:47] {nemo} not for snails
[13:47] {Threei} they aure are
[13:47] {dino} could it be the flash trade bans
[13:47] {Threei} lol
[13:47] {nemo} did they ban them?
[13:47] {dino} think so, few weeks ago
[13:47] {nemo} I thought they were going to be issuing guidelines sometime around now
[13:47] {Threei} one of providers vilutarily stopped them
[13:48] {nemo} oh.....
[13:49] {nemo} now that's interesting...can't short cat we knew, but it's per SEC...wow
[13:49] {Threei} pssst nemo
[13:50] {Threei} PTEN is flying
[13:50] {nemo} whoa Im green
[13:50] {Threei} soaring
[13:50] {Threei} crashing barriers
[13:50] {nemo} levitating
[13:50] {Threei} jamming airwaves
[13:50] {nemo} Let's not get all icarusy about this
[13:51] {Threei} I am just trying to test the limits of your tesaurus
[13:51] {nemo} I'm a sesquepaedalian
[13:52] {Threei} yeah... limitless
[13:52] {nemo} nah, only 5'6"
[13:52] {Threei} ok... limitless but short
[13:53] {Threei} FDA spokesperson: Confirms H1N1 vaccine approval for CSL Novartis, Sanofi, Astrazeneca
[13:54] {nemo} pten follows Way of the Tortoise
[13:55] {Threei} one legged snail navigating through cold mollasses
[13:55] {nemo} female or male snail
[13:55] {Threei} [13:11] {Threei} won't be fast though
[13:55] {nemo} I remember...kickin' myself for FCX on that higher low @ 70.70
[13:58] {fernp} PTEN stop is still under .90 Vad?
[13:59] {Threei} .95 held
[13:59] {Threei} maybe let's trail it to .94
[14:00] {nemo} the volume on that last test is concerning
[14:03] {Threei} JAZZ Hearing takeover chatter circulating
[14:03] {Threei} - Forest labs again rumored as potential acquirer (9.96, +0.36, 3.75%) (related FRX )
[14:03] {Threei} hmmm
[14:03] {Threei} rumor mill went second round
[14:03] {Threei} ran out of names
[14:03] {Threei} what was next after JAZZ, who remembers?
[14:04] {nemo} blues was first, than Rock&Roll
[14:04] {nemo} after jazz
[14:04] {nemo} Guess my Boston humor has regressed
[14:05] {Threei} drops below the baseboard
[14:05] {Threei} and I thought it was at the rock bottom
[14:05] {nemo} never say never
[14:23] {fernp} won't be fast though = will be a torture?
[14:23] {nemo} like flossing with barbed wire
[14:23] {dino} out hsii +.12
[14:25] {Threei} sorry fern... didn't expect it to be THIS slow... :)
[14:27] {fernp} no problem :)
[14:36] {dino} mon sm s .99
[14:38] {nemo} oh well
[14:38] {fernp} out
[14:39] {Threei} less than 15 cents range
[14:39] {Threei} points
[14:42] {dino} wy drop
[14:48] {dino} mso
[14:49] {dino} mon to flat
[14:53] {nemo} rude of pten
[14:57] {Threei} yawn
[15:11] {Threei} LVS again'
[15:13] {Threei} guys, in case I forget,
[15:13] {Threei} YRCW is worth keepoing on a radar
[15:14] {Threei} drop into 3.50 is probably buy, and drop into 3 is screaming buy
[15:16] {dino} titn l .12
[15:21] {Threei} second haklf of the day is so mind-numbingly boring, I forgot whether we had goood first half or not
[15:22] {nemo} probably about flat
[15:23] {Threei} IACI was good
[15:23] {nemo} yep...top ticked it just about too
[15:23] {Threei} and BCRX
[15:23] {Threei} the rest was pretty much balancing eacvh other out
[15:28] {dino} strangest/slowest sept. p.m. market i can remember
[15:28] {Threei} I agree
[15:29] {Threei} usually September is much more fireworky
[15:29] {dino} i should just go home at 11:30
[15:29] {nemo} makes august look fast...why should we be surprised...everybody thought things would pick up in September
[15:29] {Threei} well... don't forget,
[15:29] {Threei} September so far is working agaionst the wide-spread conviction that market must drop
[15:30] {nemo} my point exactly
[15:30] {Threei} and what is the best way to trap the most if not this sloooooow grind
[15:30] {Threei} so every bear out there finds encouragement in each downtick
[15:30] {Threei} and slow boiling is not scaring the frog
[15:31] {Threei} so he doesn't jump out
[15:32] {Threei} (US) Senator Rockefeller (D): Cannot support Finance Committee healthcare reform bill in its current form (related IYH )
[15:32] {dino} ascma
[15:35] {Threei} Market Internals update at 3:30pmET
[15:35] {Threei} - NYSE volume 1.05B shares, about 25% above its three-month average; advancers lead decliners by 2.3:1.
[15:35] {Threei} - NASDAQ volume 1.99B shares, about 10% above its three-month average; advancers lead decliners by 1.4:1.
[15:35] {Threei} - VIX index -3% to just over 23.00
[15:37] {Threei} 57% View Pelosi Unfavorably, But Thats An Improvement
[15:53] {nemo} weird day for an up day
[15:59] {dino} out titn -.10 out crm -.15
[15:59] {Threei} thank you all
[15:59] {Threei} havce a good evening, see you tomorrow goer another slow u day
[15:59] {nemo} buh bye
[16:01] {lasertrev} have a good night all