Monday, October 5, 2009

Oct 05 2009

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

That was great start for the week: 7 calls, 6 wins. All usual suspects: WFC, RIMM (for the nice +40 something cents), AIG short for 30+, HIG long, MOS short, BAC long... nice variety and percentage.


Session Time: Mon Oct 05 00:00:00 2009


[08:37] {cosmo} BRCD going to the highest bidder..
[08:45] {Threei} Brocade Communications Systems Inc. Puts itself up for sale, with HP and Oracle seen as potential suitors - WSJ
[08:45] {Threei} - Spokesman has denied to comment on press speculation.
[08:45] {Threei} - Feature also notes that no deal is imminent.
[08:45] {Threei} - Brocade has a market cap of about $3.2B.
[08:46] {magoo} morn
[08:46] {Threei} mags
[08:46] {magoo} vad:0
[08:47] {magoo} whats on the watch?
[08:48] {Threei} BRCD...
[08:48] {magoo} news?
[08:48] {Threei} HIG
[08:48] {Threei} [08:45] {Alert} Threei Brocade Communications Systems Inc. Puts itself up for sale, with HP and Oracle seen as potential suitors - WSJ
[08:48] {Threei} [08:45] {Alert} Threei - Spokesman has denied to comment on press speculation.
[08:48] {Threei} [08:45] {Alert} Threei - Feature also notes that no deal is imminent.
[08:48] {Threei} [08:45] {Alert} Threei - Brocade has a market cap of about $3.2B.
[08:55] {nemo} rimm climbing against the market
[08:56] {magoo} beaten down pretty good still
[08:57] {magoo} vad, lets keep 1 eye on RIMM
[09:00] {lasertrev} gm
[09:00] {larisa} gm :)
[09:00] {Threei} trev, larisa :)
[09:01] {Threei} could be putting double bottom on daily mags
[09:02] {magoo} very surprised it hasnt made an attempt at 70 incer earnings
[09:04] {dino} gm all
[09:04] {fernp} good morning everybody
[09:04] {cosmo} DEPO
[09:05] {ese} good morning
[09:06] {nemo} define "good"
[09:06] {cosmo} DEPO achieved a statistically significant reduction in pain
[09:06] {cosmo} associated with postherpetic neuralgia (PHN) versus placebo
[09:06] {ese} just loggted nemo and am making money already with fslr
[09:06] {nemo} that's a "good" definition.
[09:07] {ese} kept 1k over the weekend end and it's up1.932
[09:07] {Threei} dino, fern, ese :)
[09:07] {cosmo} ... and placebos have been getting better too....they say
[09:07] {nemo} nice cos
[09:08] {cosmo} wanna buy some?
[09:08] {nemo} got my own stash
[09:08] {cosmo} k
[09:09] {Threei} World Bank Pres Zoellick: need to prepare for economic setback in 2010
[09:09] {Threei} - Strong message from developing countries
[09:09] {Threei} setback?
[09:09] {Threei} what was all this then?
[09:09] {Threei} reminds me road to Hana on Maui
[09:09] {Threei} you drive for hours on the road that doesn't have 20 ft stretch or straight road,
[09:10] {Threei} steering left and right incessantly,
[09:10] {Threei} then you see a road sign: curves ahead
[09:11] {Threei} "doesn't have 20 ft stretch OF straight road"
[09:14] {magoo} vad, goldman news on WFC?
[09:15] {Threei} WFC Goldman Sachs Raised WFC to Buy from Neutral, price target: $35
[09:15] {Threei} - Added to Americas Buy List
[09:15] {Threei} 6:43 am
[09:17] {magoo} WFC has history to run'
[09:27] {dptl} good morning all
[09:27] {Threei} dp :)
[09:28] {Threei} WFC is main one on watch
[09:28] {Threei} DEPO, distant second
[09:28] {Threei} BRCD, waiting to see if it has gas in it
[09:29] {magoo} rimm ugrade by needman
[09:31] {Threei} Long Setup: EFC .50
[09:31] {Threei} WFC
[09:32] {Threei} stop undewr .40 for scalpers
[09:32] {Threei} under .35 for day traders
[09:33] {Threei} 1:1 for scalpers
[09:34] {fernp} ty Vad
[09:35] {Threei} sharp downtick market
[09:36] {Threei} RIMM lost its mind
[09:37] {Threei} wsatch for long entrry on pullback
[09:37] {nemo} irrational exuberance
[09:37] {Threei} as close to .90 asd possible
[09:37] {Threei} here it is, fiorst strength
[09:37] {Threei} stop under .80
[09:38] {Threei} half out 67.09
[09:38] {Threei} scalpers take profit
[09:39] {Threei} offer 1/4 more at .25
[09:39] {Threei} here we go
[09:39] {Threei} last portion stop to under 67
[09:40] {Threei} and offer it out at .39
[09:41] {Threei} hit
[09:41] {fernp} great job Vad
[09:41] {Threei} out in full +.48
[09:42] {Threei} finally WFC
[09:43] {Threei} 1:1 for day traders
[09:43] {Threei} half out
[09:43] {Threei} stop to under .50 for the balance
[09:47] {Threei} BRCD,
[09:47] {nemo} yeah...nice bounce
[09:47] {Threei} likely to pull back now,
[09:47] {Threei} watching for double bottom
[09:48] {Threei} ideally, around .55 - .60
[09:49] {Threei} keep a finger on the trigger, I'll try to alert in time if we get there and bounce starts forming
[09:49] {fernp} HIG 25.80 break?
[09:49] {Threei} I'd really prefer pullback
[09:49] {fernp} ok
[09:50] {Threei} Renault SA Russian PM Putin: Govt will not let Avtovaz fail - RIA Novosti
[09:50] {Threei} - Reminder: Back on 10/3 Putin threatened to reduce Renault's 25% stake in Avtovaz if the French company fails to help fund Russia's biggest carmaker.
[09:50] {Threei} that's tru spirit of cooperation
[09:51] {Threei} that'll show them
[09:51] {Threei} WFC
[09:51] {Threei} daytraders take full profit
[09:51] {Threei} held .50 support to the cent
[09:52] {Threei} BRCD never gave an entry
[09:53] {Threei} Short Setup: AIG .70 break half lot
[09:54] {Threei} top of this bounce will define the stop
[09:55] {Threei} no setup
[09:56] {nemo} ISM services in 5 minutes
[09:56] {Threei} **consensus expectation: 50.0e v 48.4 prior (most estimates range between 49 to 51).
[09:57] {Threei} ugh AIG
[09:57] {Threei} this one got away
[09:57] {Threei} aggressive entry off 43 was the way to go in retrospect
[09:57] {ese} anyone still looking at BRCM
[09:58] {ese} i'm thinking pullback entry
[09:59] {Threei} let's wait out ISM numbers
[09:59] {fernp} BRCM or BRCD?
[09:59] {ese} vad any opinion
[09:59] {Threei} BRCM no
[09:59] {Threei} BRCD, I am interested
[09:59] {ese} brcd....sorry
[10:00] {Threei} SEPT ISM NON-MANUFACTURING COMPOSITE: 50.9 V 50E
[10:00] {ese} not huge but ok?
[10:02] {Threei} market is not very ehtusiastic
[10:02] {nemo} I guess the service industry component isn't very exciting
[10:04] {Threei} Short Setup: AIG .50 break half lot
[10:04] {Threei} if stays under .70
[10:05] {Threei} not a scalp for me if works
[10:05] {Threei} aiming to cover closer to 42
[10:06] {Threei} and if market sells off sharply, quite possible lower
[10:06] {Threei} 1:1
[10:06] {Threei} half out
[10:06] {Threei} 42.08
[10:07] {Threei} stop to b/e for the balance
[10:08] {Threei} stop to above .30
[10:08] {dino} slab drop
[10:09] {fernp} BRCD on highs (not falling w/market)
[10:10] {Threei} yeah, oblivious
[10:12] {Threei} out second half AIG
[10:12] {Threei} +.31 and .14
[10:14] {ese} l brcd .91
[10:16] {Threei} so far so god
[10:16] {Threei} 3 for 3
[10:16] {Threei} can I go home?
[10:18] {larisa} yes :)
[10:18] {Threei} Long Setup: HIG .65 break
[10:18] {Threei} BRCD works for ya ese
[10:18] {Threei} ty larisa
[10:19] {Threei} the only kind soul in whole room
[10:19] {fernp} 2 for 2
[10:20] {fernp} first AIG never triggered :)
[10:20] {fernp} out HIG ty
[10:21] {Threei} WFC, RIMM, AIG
[10:21] {Threei} that's 3 in my book
[10:21] {ese} out brcd .97 +.06
[10:22] {fernp} then 4 for 4, HIG hit 1:1
[10:22] {Threei} yes... I was calculating before it worked
[10:22] {fernp} youcan go home :)
[10:22] {Threei} yesss
[10:22] {nemo} Now that you're home..what next?
[10:23] {Threei} hmmm
[10:23] {Threei} I didn't think that far ahead
[10:23] {nemo} well, you're there, what are you doing?
[10:23] {Threei} I amthinking what to do
[10:23] {nemo} single malt...or blended?
[10:24] {Threei} wow... that's really early
[10:24] {nemo} it's after lunch in Europe
[10:24] {nemo} read mos vad?
[10:25] {Threei} short
[10:25] {Threei} smaller shares, volatile
[10:25] {Threei} .50 break
[10:25] {Threei} stop above .70
[10:25] {Threei} no aggresive entries, gotta see .50 broken
[10:27] {ese} vad how about hig at .80...breakout
[10:27] {ese} forget that question
[10:27] {Threei} yeah, too deep pullback
[10:29] {Threei} MOS, if works, not a scalp to me
[10:31] {Threei} US Defense Secretary Gates: Afghanistan has been difficult, the path is 'worrisome'
[10:31] {Threei} - Easing strains on army helped drive changes to fiscal 2010 budget
[10:31] {dino} mos reports after close
[10:32] {Threei} yeah... well, in any case we'
[10:32] {Threei} ll be goine long before that
[10:32] {magoo} RIMM trying vad
[10:33] {Threei} no way I am chasing it here
[10:33] {Threei} my paradigm has changed vs what we did over last few months
[10:33] {Threei} way less breakoutas,
[10:33] {magoo} maybe pllbk
[10:33] {Threei} more of pullbacks and range trades
[10:33] {Threei} some breakdowns
[10:34] {Threei} my main line of thoughts is:
[10:34] {magoo} where do i smell the bacon?
[10:34] {Threei} with everyone and their broether expecting deep drop in the market after prolonged run
[10:34] {Threei} and most of prophets going as far as expecting retest of March lows
[10:35] {Threei} I'd think tyhe most probable course of action here is sideways for a while
[10:35] {Threei} optimists expecting rally continuation and pessimists think retest of the lows will be equally disappointed
[10:36] {nemo} especially until earnings season shows it's stripes, or the $ changes
[10:37] {Threei} Being very good at fooling and disappointing the most people, that's what market should do here, IMO
[10:37] {Threei} and in a range bound market we play range, pullbacks and salmons
[10:38] {Threei} ok MOS... lose .40 and dies
[10:38] {Threei} -s
[10:38] {Threei} my typing hits new low today
[10:38] {Threei} I had some excuse earlier as action was very fast
[10:39] {Threei} here we go
[10:39] {Threei} hmmm
[10:39] {Threei} RIMM
[10:39] {nemo} market strengthening
[10:39] {Threei} C&H
[10:41] {Threei} MOS 1:1
[10:41] {nemo} ty
[10:42] {Threei} covering half
[10:42] {Threei} .22
[10:42] {dino} nice
[10:42] {Threei} want second half closer to 45
[10:42] {Threei} stop to b/e
[10:43] {Threei} good find nemo
[10:43] {nemo} blind squirrel
[10:43] {Threei} btw, in order to keep things qualified and defined,
[10:43] {Threei} MOS setup was salmon on the downside
[10:44] {Threei} DBI of course
[10:44] {nemo} yes
[10:45] {nemo} mos sitting on pivot support
[10:45] {Threei} MOS at this point is not a subject of thinking anymore,
[10:45] {Threei} it's a subject of trade management
[10:45] {nemo} no
[10:46] {Threei} routine... half out, stop trailed,
[10:46] {nemo} yes
[10:46] {Threei} either it continues or it goes above recent resistance
[10:46] {Threei} no sewcond guessing
[10:46] {nemo} except for scalpers...of course :)
[10:46] {Threei} yeah, those...
[10:48] {Threei} grrrr RIMM
[10:48] {Threei} C&H overcomes anything and everyting
[10:48] {Threei} powerful setup
[10:51] {Threei} MOS respected resistance to the cent
[10:51] {nemo} very polite
[10:51] {Threei} big offers are being taken out now...
[10:51] {Threei} maybe over
[10:52] {Threei} new offer for buyers pleasure though...
[10:52] {Threei} let's see
[10:52] {Threei} if this time .30 is taken to, probably bottomed out for now
[10:59] {magoo} WFC trying
[10:59] {Threei} done with MOS balance
[11:07] {magoo} toughie
[11:07] {Threei} what is?
[11:07] {Threei} oh, WFC?
[11:07] {magoo} ye4a
[11:07] {Threei} it's not WFC itself at this point, IMO
[11:07] {Threei} it's market
[11:08] {Threei} climbed up rather nicely,
[11:08] {magoo} u still in HIG?
[11:08] {magoo} i am
[11:08] {Threei} consolidated,
[11:08] {Threei} but run into that time when market usually stalls lately
[11:08] {Threei} am ot
[11:08] {Threei} not
[11:11] {magoo} trying for .86 now
[11:12] {Threei} Goldman Chief Economist O'Neill: USD is not the primary concern for the country; the IMF has an 'outdated' mentality - TV interview
[11:12] {Threei} - Sees 2010 world economic growth at 4.1%
[11:12] {Threei} - Brazil looking like a 'robust' economy, as is India
[11:12] {Threei} - Sees potential for "positive surprises" in economy
[11:12] {nemo} rimm bonce va?
[11:12] {Threei} yes, this development is more to my liling than breaks
06[11:13] * nemo studies at vad school of typing
[11:13] {Threei} .20 is nearest support
[11:13] {nemo} yeah
[11:13] {Threei} if holding it and breaks .30 witrrh market help, valid setup
[11:14] {nemo} got resistance around. .35
[11:14] {Threei} .30 break is setup
[11:15] {Threei} 10 cents risk on RIMM? I'll take it any day on risk alone
[11:15] {Threei} (UA) UAE Central Bank: comfortable with USD as reserve currency; no plans to diversify forex reserves
[11:16] {Threei} invalidated
[11:16] {Threei} guess who is on TV
[11:17] {nemo} Rudy Guiliani?
[11:17] {dino} no guess needed
[11:17] {Threei} lol dino
[11:17] {Threei} but nemo is still trying
[11:18] {ese} vad stec opinion? check out the 15min chart for me
[11:19] {Threei} can't tell ese... seems to be fairly random here
[11:20] {ese} tks
[11:20] {Threei} RIMM setup is back
[11:20] {Threei} the same
[11:21] {Threei} .30 break long if holding above .20
[11:22] {Threei} come on RIMM, no shakeouts
06[11:24] * Threei kicks RIMM in the rear
[11:24] {ese} L rimm .29
06[11:25] * Threei pokes RIMM with sharp stick
[11:25] {magoo} magoo shows rimm hot branding iron
[11:26] {Threei} (US) Obama: Insurers will not be able to cap healthcare coverage arbitrarily
[11:26] {Threei} - Insurers will have to cover routine checkups
[11:26] {Threei} - More security for the insurer
[11:26] {Threei} - Electronic medical records will reduce paperwork
[11:26] {Threei} - Health exchanges will provide affordable insurance
[11:26] {Threei} no worky RIMM
[11:26] {nemo} maybe short on H&S
[11:26] {ese} this stock is starting to picc me off
[11:27] {ese} out rimm .18 -}09
[11:27] {nemo} hit that resistance @.35 and sayonara
[11:28] {Threei} nope... market sharp downtick killed it
[11:28] {Threei} RIMM didn't trade on its own merits here
[11:28] {ese} mags you play this stock.....you gotta be insane........
[11:28] {Threei} just as this market jump takes it back up now
[11:30] {nemo} BRCM DT?
[11:30] {ese} anyone for revenge trading????hmmmmmmmm
[11:30] {nemo} revenge killing maybe...
[11:40] {magoo} HIG is killing me
[11:40] {magoo} torture
[11:41] {magoo} out .86 TY vad..i guess lol
[11:43] {Threei} we are 5 for 6
[11:43] {Threei} what are you unhappy about?? :)
[11:43] {magoo} [11:40] {magoo} torture
[11:43] {Threei} sorry, but tat was self-inflicted one
[11:44] {magoo} well..did u enjoy my suffering
[11:44] {Threei} I always do
[11:44] {magoo} im glad
[11:44] {magoo} to suffer for a friend is noble
06[11:45] * nemo slaps magoo around a bit with a large 2X4
[11:45] {nemo} mags you suffering?
06[11:45] * Threei prepares to enjoy
[11:46] {Threei} look at MOS
[11:46] {nemo} yep
[11:49] {Threei} Short Setup: RIMM 67 break
[11:49] {Threei} scalp only
[11:49] {Threei} if stays under .170
[11:50] {Threei} .10, sorry
[11:50] {ese} wheres dino......very quiet today..........
[11:51] {Threei} market spike
[11:51] {Threei} no news... out of nowhere
[11:51] {ese} dino you done anything today.......sorry not paying attention
[11:54] {ese} l brcd .97
[11:55] {dino} nothing posted es,
[11:55] {magoo} AIG going
[11:55] {dino} thinking about lunch
[11:58] {Threei} let's scratch RIMM
[11:58] {Threei} can't read this action
[11:58] {Threei} out .96
[11:58] {Threei} + mindboggling 5 cents
[11:58] {nemo} so..you profit on a scratch
[11:59] {Threei} lucky
[11:59] {Threei} was ready to cover b/e, but it downticked just as I was cliking
[11:59] {nemo} trading gods sitting on your shoulder
[11:59] {nemo} guess you'll have to make a sacrifice (no fish)
[12:00] {Threei} I feed them chicken entrails regularly
[12:00] {nemo} frickin' mos
[12:01] {dino} they prefer tequilla
[12:01] {Threei} lol
[12:01] {nemo} mine like vodka
[12:03] {fernp} HIG and FAS on highs ... but it is a breakout :(
[12:07] {nemo} very impolite of rimm
[12:10] {Threei} that's OK
[12:10] {Threei} it wasn't a shakout, just a scratch out
[12:10] {Threei} and it's not like it had a pattern to follow but violated it before following
[12:10] {Threei} now, THAT would be rude
[12:11] {Threei} it just became unreadable, and I don't want to trade what I can't read
[12:11] {nemo} thank god you don't have the same attitude about what you type!
[12:12] {Threei} hey... I haven't made any singly mistype in 4 lines
[12:12] {Threei} singly? lol
[12:12] {nemo} and that's relative to the price of tea in China how?
[12:16] {nemo} mmmmhh...moss could be a break here?
[12:17] {nemo} oops...mos...got Patriots on the brain
[12:17] {fernp} HIG hit 1:1 and then collapsed 18 cents in a sec. were a lot of people waiting for that 1:1? incredible
[12:19] {Threei} ETRM is killing bottom fishers from last week
[12:20] {Threei} NYMX Announces New Pooled Analysis Confirms 12 Month Benefit of NX-1207 Treatment for BPH (4.72, +0.27, 6.07%)
[12:20] {Threei} blast from the past
[12:21] {Threei} don't chase
[12:21] {Threei} NYMX never holds gains
[12:22] {Threei} used to announce some successes in Alzheimer treatment every month.. and forget all about it next day
[12:24] {dino} lol
[12:24] {Threei} thank you dino
[12:25] {Threei} I was about to take my sense of humor outside and shoot it
[12:25] {nemo} sorry...busy buying my hunting permits
[12:25] {Threei} I mean I know it's lame... but there must be a limit to any lameness
[12:26] {nemo} mos did break out above .60, see if it hold support
[12:27] {Threei} nemo, be careful with MOS,
[12:27] {nemo} RIMM read Vad...if you can remember
[12:27] {nemo} just watching
[12:27] {Threei} with earnings after close it's likely to become more erratic as we near eod
[12:28] {Threei} as people reposition, exit etc
[12:28] {Threei} RIMM, categorically no read
[12:28] {Threei} look at these spikes
[12:28] {Threei} last thing I want it to be railroaded by one of those
[12:28] {dino} plus it's down 10 bucks in about a week
[12:29] {Threei} the only thing doable on RIMM right now is teleportation setup,
[12:29] {Threei} ad this is not something I can call
[12:29] {nemo} force not with you Vader?
[12:30] {Threei} counting on Larisa's protection?
[12:30] {dino} hmmmmmmmmmm
[12:30] {Threei} may not work... I sent her a box of carrots to bribe her
[12:30] {nemo} why carrots?
[12:30] {Threei} she likes carrot juice
[12:31] {nemo} Maybe she was a rabbit in another life...
[12:32] {larisa} sigh
[12:32] {nemo} reminds me of a joke...
[12:32] {Threei} you do realize your chances to have her sympathy diminish with every word you type, right?
[12:32] {nemo} wow, four multi-syllable words in that sentence vad.
[12:33] {Threei} yeah, I read dictionary on weekends
[12:38] {ese} l brcd avg .88
[12:40] {dino} swinging it es?
[12:43] {magoo} goitta wonder if WFC gonna rippppp
[12:43] {ese} out .87 even
[12:44] {ese} -.01 sorry
[12:44] {magoo} im in .70, exit waiting .87
[12:44] {magoo} biut.........
[12:44] {magoo} looks better
[12:45] {magoo} out..oh well...i am what i am.i scumbag scalper who with help of daytraders is responsible for wrecking entire US financial system
[12:45] {Threei} rofl
[12:45] {Threei} nice of you to take credits for that
[12:45] {magoo} and i included u
[12:45] {nemo} well...that still leaves you above most lawyers, politicians, an ex-wives
[12:46] {Threei} although I can think of many guys who did that successfully with no help by our humble kind
[12:57] {Threei} CNBC contributor Dennis Garman discussing the S&P500 testing its uptrend line today says "it better hold," or there could be significant downside
[12:58] {Threei} RU) Russian Fin Min: Expects to complete Soviet debt swaps by year end 2009
[12:59] {Threei} I think I have soviet 3 roubles somewhere, as a souvenir... would that help?
[12:59] {Threei} SVNT Hearing Sanford Bernstein speculating company could be a potential acquisition target (timing uncertain)
[12:59] {Threei} - TEVA speculated as potential acquirer (14.38, -0.03, -0.21%) (related TEVA )
[12:59] {nemo} CNBC contributor Dennis Garman -He's got my vote for Captain Obvious
[12:59] {nemo} sorry Vad
[12:59] {Threei} et tu nemo
[13:00] {nemo} and it's only October
[13:00] {nemo} aig C&H?
[13:00] {nemo} on 5 min
[13:00] {Threei} yes...
[13:00] {nemo} you happy
[13:01] {Threei} imbecil in Clagary zoo jumped in the tiger's cage
[13:01] {nemo} natural selection
[13:02] {fernp} lol
[13:02] {Threei} survived...
[13:02] {nemo} dead...good half-dead...not good
[13:02] {Threei} US TREASURY'S $7B 10-YEAR TIPS BID-TO-COVER RATIO: 3.12 V 2.25 PRIOR AND 2.10 AVG OVER THE LAST 5 REOPENINGS
[13:02] {Threei} - indirect bidders take 44% of competitive bids
[13:02] {Threei} - notes draw 1.510% with 14.26% alotted at the
[13:02] {Threei} high
[13:03] {nemo} mmmhhh...no market reaction
[13:04] {Threei} good
[13:04] {Threei} means Iam not the only one confused about these auctions
[13:05] {Threei} if you want to try that C&H on AIG
[13:05] {Threei} I'd try it aggressively
[13:05] {Threei} .30 break if stays above .15-.20
[13:05] {Threei} actual trigger is .45
[13:06] {Threei} so if it comes there, you'll have a choice: take scalp, partial or hold for C&H break
[13:07] {Threei} which is a pleasant choice to have
[13:09] {nemo} not used to aig moving so slowly
[13:09] {Threei} it did just that a few times last week
[13:11] {nemo} no worky
[13:11] {Threei} nope
[13:12] {dino} sono
[13:12] {Threei} SONO Announces FDA Clearance for Its New NanoMaxx Ultrasound (26.14, +0.57, 2.23%)
[13:12] {dino} ultasound tool clearance
[13:12] {dino} opps
[13:13] {Threei} people pick up the story
[13:13] {Threei} - Company announces FDA 510(k) clearance for its new NanoMaxx ultrasound system and is commencing US customer deliveries. International deliveries began at the end of June.
[13:15] {Threei} what, that's all?
[13:17] {Threei} lol, look at NYMX
[13:17] {nemo} you remembered?
[13:17] {Threei} no... scrolled up
[13:17] {nemo} oh
[13:22] {ese} l brcd ..869935......so there
[13:22] {ese} not to be exact or anything
[13:22] {nemo} next thing he'll be writing out Pi
[13:26] {Threei} market is frozen solid
[13:52] {dptl} .
[13:53] {gnslng} .
[13:53] {Threei} ..
[13:53] {nemo} !
[13:54] {ese} eee
[13:56] {Threei} BRCD HPQ reportedly has evaluated BRCD aquisition but may only interested in certain assets; no formal bid was made - unconfirmed report (8.78, +1.13, 14.77%) (related HPQ )
[13:58] {Threei} (CA) Radio Canada: Quebec plans to file suit against tobacco companies
[13:58] {Threei} ***NOTE: On 09/29, the Province of Ontario reportedly filed a C$50B suit against tobacco firms seeking to recover health care costs.
[13:58] {Threei} everyone gets court-happy
[13:59] {nemo} gotta' get tax revenue from somewhere
[14:00] {Threei} highest hypocrisy possible
[14:00] {nemo} definition of government
[14:00] {Threei} you believe those products bring your province such huge losses - ban them
[14:01] {Threei} allow them to be sold, tax them and then complain about losses they cause - embodiment of hypocrisy
[14:01] {Threei} (US) Fed announces changes to assessing talf collateral
[14:01] {Threei} this is interesting
[14:09] {nemo} $ doing badly
[14:10] {dino} mkt up
[14:13] {magoo} .
[14:27] {fernp} have to go. Good evening everybody. see u all tomorrow
[14:28] {Threei} take care fern
[14:32] {dino} cya fern
[14:34] {Threei} watching GS
[14:34] {Threei} something's market-altering happening here
[14:36] {nemo} cit?
[14:36] {Threei} ?
[14:36] {nemo} regaring GS...sorry
[14:36] {nemo} "d"
[14:37] {Threei} JPM too
[14:37] {nemo} shoots tht one
[14:46] {Threei} Long Setup: BAC 16.90 break if stays above .85
[14:48] {nemo} quite the volume increase
[14:54] {dino} sm l esi .75
[14:58] {ese} I'm back but am off until tomorrow.....i'm out BRCD .97 +.10 on 9k see ya tomorow
[14:58] {Threei} take care ese, good job
[14:59] {ese} tks vad.....take care
[15:11] {dino} cya es
[15:11] {Threei} lol
[15:13] {dino} :)
[15:30] {Threei} wow
[15:30] {Threei} 1:1 BAC
[15:30] {Threei} took just what, 45 min?
[15:30] {Threei} lol
[15:31] {jmb} Thanks Vad
[15:31] {Threei} :)
[15:40] {magoo} q server vad?
[15:40] {Threei} 8
[15:43] {dptl} have a good evening all
[15:43] {Threei} take care dp
[15:44] {Threei} RIMM is incredibly weak
[15:44] {Threei} more and more i think this is nto an accident
[15:44] {Threei} it could be a start of long and big decline
[15:44] {Threei} as it loses fieild to AAPL
[15:47] {Threei} Short Setup: RIMM .35 break
[15:47] {Threei} if stays under .50
[15:48] {Threei} just a quick scalp of course, time is tight
[15:49] {Threei} invalidated anyway
[15:50] {Threei} (US) JP Morgan Analyst Thomas Lee: Earnings for US banks may exceed analyst forecasts - TV interview
[15:50] {Threei} - S&P 500 could easily surpass 1,100 by the end of 2009
[15:50] {Threei} - Stocks still "attractively priced"
[15:50] {cosmo} so are homes
[15:56] {dino} homes are, but w/o jobs hard to buy
[15:56] {nemo} bye folks
[15:56] {Threei} thank you all
[15:57] {Threei} have a good evening, see you tomorrow
[15:57] {dino} cya
[15:58] {lasertrev} have a good night, all