Monday, November 16, 2009

Nov 16 2009

Not a bad way to start the week - 4 wins, couple stops, then a few wins again. Most of them were scalps. RIMM, HGSI, APOL (this one was good for more), NABI, INFY, CAT... quite a specter.

Session Time: Mon Nov 16 00:00:00 2009

[08:24] {KSystems} Boo
[08:24] {BillyD} lol
[08:25] {nemo} Oh no, Ein Poltergeist
06[08:38] * KSystems shakes his rusty chains
[08:46] {nemo} retail data must not have been earthshattering
[08:48] {Threei} *(US) OCT ADVANCED RETAIL SALES: 1.4% V 0.9%E; EX AUTOS: 0.2% V 0.4%E
[08:48] {Threei} - Retail Sales ex Auto & Gas: 0.3% v 0.3%e
[08:48] {Threei} *(US) NOV EMPIRE MANUFACTURING: 23.5 V 30.0E
[08:49] {Threei} EGLE DB Raised EGLE to Hold from Sell, price target: $4.50
[08:49] {Threei} that's smart, considering EGLE is at 5.60
[08:52] {Les} gm. I'm impressed that the US consumer still has it in them to keep retail sales positive. Or have sales dropped so low that even a small positive number is a given?
[08:53] {Threei} who knows
[08:53] {Les} HGSI doesn't see eye to eye with the market.
[08:53] {Threei} just a little piece of overall mosaic, and impossible to judge without seeing much broader picture
[08:55] {Les} last minute cancellation of Repin last Thursday. H1N1 appears to be in our midst in this part of the world. 1 child sick last week. the other home today. nothing serious.
[08:55] {Threei} well, HGSI has some news
[08:55] {Threei} Human Genome Sciences Inc Receives FDA complete response letter for Raxibacumab BLA
[08:55] {Threei} - Letter relates to the Company's Biologics License Application (BLA) requesting the approval of raxibacumab for use in the treatment of inhalational anthrax. The FDA issues Complete Response Letters to request additional information needed to complete the review of a BLA.
[08:55] {Threei} - Exec: "We have responded to all of FDAs previous questions. We plan to address the current questions as well. In certain respects, the Complete Response Letter appears to be inconsistent with the FDAs published final rule governing the development of new drugs when human efficacy studies are not ethical or feasible."
[08:56] {Les} big rubber stamp marked "DENIED" hey...
[09:01] {fernp} good morning everybody
[09:01] {Threei} fern :)
[09:07] {nemo} Hola fern
[09:10] {fernp} hello nemo
[09:12] {ese} Eschew all...
[09:12] {Threei} bless you ese
[09:12] {ese} sounds like a sneeze
[09:12] {ese} you read my mind vad
[09:13] {ese} thats scary
[09:13] {Threei} lol
[09:13] {Threei} which reminded me recent russian joke
[09:13] {ese} go for it
[09:13] {Threei} Winnie the pooh and Piglet come to the bank,
[09:14] {Threei} Wnnie yells: nobody move, this is robbery!
[09:14] {Threei} Guards start laughing saying: you don't even have weapon, moron
[09:14] {Threei} He turns to Pihlet and barks order:
[09:14] {Threei} Swine! Sneeze!
[09:15] {magoo} morning
[09:15] {Threei} mags :)
[09:15] {ese} oh thats bad!......morning mags
[09:15] {Threei} it is but most russian jokes are
[09:16] {magoo} whats on the watch?
[09:16] {nemo} magus :)
[09:16] {nemo} mickey mouse
[09:16] {Threei} nothing much so far, typical Monday morning
[09:16] {nemo} dude :)
[09:17] {ese} dude
[09:18] {magoo} duuuuuuuuude
[09:19] {lasertrev} gm
[09:19] {Threei} trev
[09:19] {nemo} laser dude
[09:20] {strider} morning, everyone.
[09:20] {nemo} dunedin
[09:20] {ese} asml......500k so far
[09:20] {lasertrev} nemo, vad
[09:20] {ese} up .56 positive comment fro jp Morgan
[09:20] {nemo} hey strider...I haven't made any mistakes yet this morning :)
[09:20] {Threei} strider :)
[09:20] {nemo} Then again, I haven't done anythin either :(
[09:21] {strider} Good. Don't do anything, nemo.
[09:21] {strider} 3i:)
[09:21] {nemo} o.k.
[09:21] {dino} gm all
[09:21] {Threei} dino :)
[09:21] {dino} ady, pwrd, frp
[09:21] {nemo} dono :)
[09:21] {dino} fro i mean
[09:25] {Threei} isn't it amazing that market still has it in it to climb ever further
[09:25] {BillyD} yeah
[09:25] {dino} nah
[09:25] {dino} to lny
[09:25] {Les} show me the volume...
[09:25] {dino} talking to myself already
[09:25] {nemo} where else you gonna' put your money? bonds? real estate?
[09:26] {patience} if you keep printing money for the benefit of the big banks, don't be surprised they gamble with it
[09:27] {cosmo} its human nature, of course
[09:27] {Threei} too deep
[09:27] {Threei} it's monday morning
[09:28] {BillyD} lol...keeping an eye on NABI
[09:28] {cosmo} well it has been up to now ...sigh...forget it...
[09:28] {Les} was wondering if Greek merchants speculated on olive harvests in their day? how long have we been speculating for?
[09:29] {Les} i.e., ancient greece
[09:29] {nemo} probably since they invented prostitution
[09:29] {Threei} Nabi Biopharmaceuticals Signs exclusive worldwide option and licensing agreement for NicVAX with Glaxo
[09:29] {Threei} - Announced an exclusive worldwide option and licensing agreement for a nicotine conjugate candidate vaccine, an investigational vaccine for the treatment of nicotine addiction and the prevention of smoking relapse, as well as for the development of a second generation nicotine vaccine.
[09:29] {Threei} - Under the terms of the agreement GSK will pay to Nabi an upfront non-refundable fee of $40M at closing and will receive an option to exclusively in-license NicVAX on a worldwide basis and a license to develop follow-on next-generation nicotine vaccines using Nabi''s intellectual property.
[09:31] {magoo} NLST again
[09:31] {magoo} ripping
[09:31] {Threei} 4.50 with its monstrous offer on NABI, something to watch for later
[09:31] {magoo} 5.50 u mean?
[09:32] {Threei} ??
[09:32] {Les} RIMM falling fast
[09:32] {Threei} NLST:
[09:32] {Threei} Netlist Inc. Update: demonstrates HyperCloud Memory Modules at Supercomputing 09
[09:32] {Threei} - Demonstrated the world's first 16GB 2 virtual rank (vRank) double-data-rate three, registered dual in-line memory module (DDR3 RDIMM), HyperCloud(TM).
[09:32] {Threei} - Netlist will also showcase the interoperability of HyperCloud memory with standard JEDEC server memory solutions on popular enterprise servers. This demonstration reinforces HyperCloud's ability to function as a standard RDIMM while increasing memory bandwidth and capacity for datacenter servers.
[09:32] {Threei} **Reminder: On Nov 11 Company said it launched HyperCloud memory module for servers, the world''s first 16GB, 2 virtual rank (vRank) memory module for servers.
[09:32] {magoo} NLST
[09:32] {Threei} [09:31] {Threei} 4.50 with its monstrous offer on NABI, something to watch for later
[09:32] {Threei} [09:31] {magoo} 5.50 u mean?
[09:33] {magoo} well NLST just went a point
[09:34] {Threei} Long Setup: NABI .50 break half lot
[09:36] {BillyD} want it to hold .35
[09:37] {magoo} rimm bounce time
[09:37] {Threei} Long Setup: RIMM .50 break half lot
[09:37] {Threei} if stays above .30
[09:38] {Threei} invalidated
[09:38] {magoo} lets follow it vad
[09:39] {magoo} in .40
[09:39] {Threei} reestablished
[09:39] {fernp} what is the stop in NABI if triggers, Vad?
[09:40] {Threei} if from here, .35
[09:40] {Threei} but invalidating level is .30 for now
[09:40] {ese} out egle .81 +.30 out exm ,90 +.18 both 20k swing positions from last week
[09:40] {Threei} RIMM, take profit
[09:40] {fernp} thanks
[09:40] {Threei} wtg ese
[09:40] {ese} tks
[09:42] {dino} ibkc
[09:43] {nemo} aapl is very lively this morning
[09:46] {dino} gj es
[09:46] {ese} tks dino......great way to start the week
[09:47] {Les} traders jumping on RINO
[09:48] {Threei} Long Setup: APOL .50 half lot
[09:48] {ese} apol up 3.50 as well dino
[09:48] {Threei} if stays above .30
[09:48] {ese} vad your reading my mind again......
[09:49] {Threei} MTXX Hearing strength being attributed to analyst speculation for possible divestiture of certain products (4.12, +0.33, 8.71%)
[09:49] {magoo} in apol
[09:49] {ese} damn....thats not fair apol
[09:50] {Threei} APOL 1:1
[09:50] {fernp} ty Vad
[09:50] {ese} i didn't make it in
[09:50] {ese} nice one vad
[09:50] {ese} is pullback legit here
[09:50] {fernp} dino, have you seen PARD? big gap down
[09:51] {magoo} wow
[09:51] {Threei} moves faster than I manage to answer ese
[09:51] {dino} no, thx
[09:51] {fernp} :)
[09:51] {Les} ty vad. out apol
[09:51] {Threei} welcome guys
[09:51] {Threei} NABI invalidated
[09:52] {ese} ya....was just gonna do it looked away for a second and it was gone again
[09:52] {magoo} waiting over 58 here
[09:53] {Les} RINO vad, consolidation?
[09:54] {Threei} 1:2 APOL
[09:54] {Threei} I am out in full
[09:54] {Threei} I don't see anything tradeable in RINO
[09:54] {Les} ok
[09:55] {BillyD} Vad, any read BCRX
[09:55] {magoo} out here .17 TY vad
[09:56] {magoo} 58.17
[09:56] {Threei} wtg
[09:57] {Threei} BCRX looks interesting on .40 break
[09:57] {magoo} keeps on trockin
[09:57] {Les} STP sitting smack on 50 MA on daily as resistance.
[09:57] {nemo} aapl pull back
[09:57] {dino} cedc hl l .65, stop lod
[09:59] {dino} no good stopped
[09:59] {Threei} Long Setup: BCRX .40 break if stays above .30
[10:00] {dino} shaw hl l .50 lod stop
[10:00] {Threei} US) SEPT BUSINESS INVENTORIES: -0.4% V -0.7%E
[10:02] {magoo} vad, another setup maybe APOL coming
[10:04] {ese} un predicable from here mags imo......mid day consolidation is better time
[10:04] {Threei} I've no read on it here
[10:05] {nemo} big bid .31 bcrx
[10:05] {Les} HGSI breaking new lows
[10:06] {Threei} HGSI 18 break was cleah short signal... too bad I haven't watched it at the time
[10:06] {Threei} 28, sorry
[10:06] {nemo} put the bottle down vad
[10:07] {Les} ok. remember difficulty trying to explain whether stock was breaking support or resistance, so I eschewed comments today
[10:07] {dino} cedc last try .44 hl l
[10:07] {dino} ibkc taunting me
[10:08] {Threei} what's so difficult Les... support is lower envelop o the range, resistance is higher one... that's all there is to it :)
[10:08] {dino} that cold of yours is bad
[10:10] {Les} so HGSI having broken resistance and yet fallen back through, we say that resistance is respected?
[10:10] {dino} 10500 strike in play
[10:11] {Threei} HGSI formed support at 28 from 9:51 to 9.58
[10:11] {Threei} then broke support
[10:11] {Threei} which served as short trigger to which I referred
[10:11] {nemo} maybe modify bcrx to .34 break?
[10:11] {Les} ty
[10:12] {Threei} I am just not sure it has any life in it nemo
[10:12] {nemo} yeah, market moving it not
[10:12] {Threei} easy to get stuck in immobile stock
[10:12] {nemo} so...just when we take our eye off of it
[10:12] {Threei} Long Setup: RIMM .70
[10:13] {dino} pwrd drop
[10:13] {ese} market slowing dn.....most things i'm lookin at are double top......
[10:14] {dino} cedc stopped
[10:15] {strider} RIMM still valid}?
[10:15] {Threei} Short Setup: RIMM .50 breakj
[10:15] {Threei} if stays below .60
[10:16] {Threei} not on a long side strider
[10:17] {strider} yeah...short call answered my question:)
[10:17] {nemo} don't you hate that
[10:17] {Les} STP broke thru resistance
[10:18] {Threei} RIMM won't be a scalp for me if triggers
[10:20] {nemo} you kick the plug vad?
[10:22] {dino} sva
[10:23] {BillyD} RIMM still valid
[10:23] {fernp} invalidate RIMM or still valid?
[10:23] {Threei} with .65 stop, valid
[10:23] {fernp} ok
[10:25] {ese} vad....apol.....making another move toward .50
[10:26] {dino} pwrd bit wild up/down
[10:26] {dino} cric drop
[10:27] {Threei} I don't have a read on it here ese
[10:27] {ese} tks
[10:28] {dino} lny spike
[10:28] {Threei} NLST sharp selloff
[10:28] {Threei} die already RIMM, will ya
[10:28] {nemo} aig interesting
[10:30] {ese} yes it is.....I have a 500 shs sell stop at 33 on aig
[10:31] {ese} i don't know if it's gonna get there or not......could go either way from here
[10:31] {ese} seems to be a consolidation of sorts 35 to 40
[10:32] {fernp} out RIMM .40 TY Vad
[10:33] {Threei} RIMM 1:1, covering half
[10:33] {Les} out in full ty vad
[10:33] {Threei} darn scalpers
[10:33] {BillyD} out here ty
[10:34] {Threei} welcome guys
[10:34] {Threei} my stop for second half is .55
[10:34] {ilana} RIMM support .24?
[10:34] {Threei} .35 area is nearest one so far
[10:34] {Threei} then .20
[10:36] {Threei} Les, this play is that same concept of support breakdown... hope it becomes clearer
[10:37] {Les} I have no difficulty visualising b/o and b/d on ticker. Speaking the lingo is my problem...
[10:38] {Les} I can see what the ticker wants to do, but sound like a clutz when I try to talk about it...
[10:38] {Threei} easy... support is floor, resistance is ceiling
[10:38] {Les} ok. parent teacher meeting in 20. later...
[10:38] {Threei} if you break through the floor, you fall down
[10:38] {dino} hammer and ice theory
[10:39] {Les} your earlier explanation of resistance/support made understanding easier. cheers.
[10:40] {nemo} is rimm looking long now?
[10:40] {strider} EMR
[10:41] {nemo} yeah, I guess it was
[10:41] {Threei} out balance
[10:41] {Threei} why do scalpers win almost every time?
[10:41] {ese} l fitb .10
[10:41] {magoo} i was gonna remind u
[10:41] {BillyD} lol
[10:42] {Threei} to answer your question in a very timely manner nemo: yes
[10:43] {BillyD} TCTS signs of loife
[10:43] {BillyD} TSTC and possible continuation
[10:44] {magoo} loife?
[10:45] {nemo} sponge?
[10:45] {BillyD} brutalized sentence
[10:45] {nemo} threeish
[10:45] {BillyD} been watching Vad's spelling too long
[10:45] {Threei} sorry
[10:45] {dino} shaw to .72
[10:45] {Threei} I know it's contagious
[10:46] {Threei} almost like sneezing swine
[10:46] {magoo} amazed how i remain unaffected by him
06[10:46] * Threei faints
[10:47] {nemo} well, you were well ahead of him in the first place
[10:47] {magoo} nice
[10:47] {nemo} sorry...have to defend vad
[10:48] {magoo} well thats a big BIG change
[10:48] {nemo} yeah...must have a fever
[10:48] {Threei} Long Setup: INFY .80 break
[10:49] {Threei} if stays abiove .70
[10:54] {magoo} in
[10:54] {Threei} OSIP Tarceva to Be Reviewed by the FDA''s Oncologic Drugs Advisory Committee for Use as a First-Line Maintenance Therapy in Advanced Non-Small Cell Lung Cancer (34.30, +0.07, 0.20%)
[10:56] {fernp} TY Vad
[10:56] {BillyD} out ty
[10:56] {Threei} OK, I am out in full
[10:56] {ese} l fitb avg .1072
[10:57] {Threei} I give up, scalper in me wins
[10:57] {fernp} lol
[10:58] {Threei} what er we, 4 for 4?
[10:58] {Threei} are
[10:59] {fernp} yes
[10:59] {dino} out shaw +.25
[10:59] {Threei} not bad for Monday
[10:59] {nemo} Don't bother asking
[10:59] {magoo} whats the most we got though?as in all 1 o 1 or 2?
[10:59] {fernp} lately Mondays are good days
[11:00] {nemo} one 1:2
[11:00] {Threei} 1:2 on APOL for me
[11:00] {strider} ese, what are you looking for from FITB?
[11:00] {nemo} or 1:3 depending on how you played apol
[11:00] {Threei} you got more out of it though
[11:02] {dino} pwrd hl l .30, stop .98
[11:03] {ese} hey ST about 5/6/7 cents
[11:03] {strider} thanks. I figgured.
[11:06] {ese} hadn't figured on the s&p flat lining though this is taking a little longer than i thought
[11:06] {BillyD} RIMM short opp
[11:09] {ilana} too late for rimm, isn't it
[11:09] {ese} daaaaaaaaa
[11:09] {Threei} a bit, yeah
[11:09] {Threei} .50 break was the trigger again
[11:10] {Threei} the same as first time
[11:11] {Threei} Short Setup: CAT .85 break
[11:11] {Threei} if stays below .95 for scalpers
[11:11] {Threei} 60 for day traders
[11:12] {Threei} been a while since we played this one... let's see if it became tradeable again
[11:12] {Threei} setup with stop tight enough ti test it
[11:12] {ese} out fitb .08 -.02 and abit
[11:14] {ese} couldn't hang around with the # of shs i had
[11:15] {ese} am lookin to get back in though
[11:15] {dino} ibkc s .70
[11:15] {dino} hl
[11:15] {dino} stop is .03
[11:18] {Threei} RIMM won't even try to bounce
[11:20] {Threei} hrrr
[11:22] {Threei} RIMM has this short at will look
[11:24] {fernp} stopped CAT
[11:24] {nemo} yeah
[11:27] {patience} happy day in my gold stocks
[11:31] {ilana} WFC .50 break?
[11:32] {BillyD} NABI some action
[11:33] {Threei} WFC, if holding .40, yes
[11:34] {Threei} NABI is still a runner candidate
[11:41] {Threei} same setup
[11:41] {Threei} .50 break long
[11:42] {nemo} NABI?
[11:42] {strider} WFC?
[11:42] {Threei} yes
[11:42] {Threei} yes
[11:42] {strider} nabi
[11:42] {strider} and wfc :)
[11:42] {Threei} yes
[11:42] {Threei} good thing my wife is not around
[11:43] {Threei} she hasn't seen me saying yes three time in a row in, ummm, ever
[11:43] {BillyD} hard to believe :)
[11:45] {strider} Not!
[11:45] {Threei} Preview: Fed Chairman Bernanke to speak on economic outlook at 12:15pmET
[11:45] {Threei} - Bernanke to speak at economic outlook lunch at Economic Club in NY; with text and audience commentary expected
[11:46] {magoo} NLST
[11:46] {nemo} look at the order at .50 on nabi
[11:47] {Threei} exactly what makes it a long trgiger
[11:47] {BillyD} yup
[11:49] {Les} Vad, RIMM "short at will look" - double bottom developing?
[11:50] {Threei} I don't like it for long
[11:51] {dino} cov ibkc .27, +.43
[11:52] {dino} too soon
[11:52] {fernp} gj dino
[11:54] {dino} ty
[11:54] {dino} thing jumps around in .30 spans
[11:55] {strider} look at the offer at 4.50, NABI
[11:55] {BillyD} large off er gone here
[11:55] {Threei} [11:46] {nemo} look at the order at .50 on nabi
[11:55] {Threei} [11:47] {Threei} exactly what makes it a long trgiger
[11:56] {Threei} EDGX Billy
[11:56] {Threei} still there
[11:56] {BillyD} mine only shows 100
[11:56] {nemo} I have 1009
[11:56] {Threei} WFC invalidated, and triggered on a short side instead for faders
[11:57] {Threei} yup, 1009
[11:57] {Les} HGSI falling thru 28 for 2nd time
[11:57] {fernp} EDGX 1006 right now
[11:57] {strider} yep
[11:59] {BillyD} Lasrtrev.....why would my L2 no lomger show correct # of shares on EDGX
[11:59] {fernp} FAS falling hard. Bernanke is speaking already?
[11:59] {Threei} Billy, either you have font/column wifth set in a way that cut off 4th digit
[11:59] {nemo} hgsi short .94 vad?
[11:59] {Threei} or setting of how number of shares is reflected
[12:00] {Threei} all hone
[12:00] {Threei} gone
[12:00] {nemo} in
[12:00] {strider} in
[12:00] {strider} .51
[12:00] {BillyD} it came back for some reason
[12:00] {fernp} what is the stop?
[12:01] {Threei} hard to tell HGSI
[12:01] {nemo} stop on nabi .40?
[12:01] {Threei} that's a bit too tight for me
[12:01] {Threei} but it's more of a momo stock
[12:01] {Threei} hard to tell, really
[12:02] {Threei} .30, .35, .40 are all valid supports... make your choice
[12:02] {Threei} such enormous offers being taken, thing deserves a chance
[12:03] {nemo} it died
[12:06] {Threei} Market Internals update at 12:00pmET
[12:06] {Threei} - NYSE volume 465M shares, about 5% below its three-month average; advancers lead decliners by 5.2:1.
[12:06] {Threei} - NASDAQ volume 885M shares, about 11% below its three-month average; advancers lead decliners by 3.5:1.
[12:06] {Threei} - VIX index -1.5% to just under 23.00
[12:08] {nemo} wanna' coax nabi a bit
[12:08] {fernp} today CSCO again trying to break 25. it is very stubborn :-)
[12:09] {fernp} 24
[12:10] {Les} RIMM double bottom friday/today. 50 ma at 61.87 presently acting as support.
[12:12] {nemo} lotta support at .45 for NABI
[12:13] {Threei} all those who sold at .50 are trying to buy back at .45? G}
[12:13] {BillyD} lol
[12:15] {ilana} RIMM .80 break with market help?
[12:15] {ilana} late
[12:16] {nemo} frickin' chinese water torture nabi
[12:17] {Threei} everything is
[12:17] {Les} Vad, I hear CNBC is attributing rally to Benny boy? We gonna sell off after he speaks you think?
[12:17] {Threei} RIMM, I view it as short but exact entries are tough here
[12:17] {Threei} just wring time of the day, too random
[12:18] {Threei} if they do they are idiotsa
[12:18] {Threei} -a
[12:18] {Threei} why would market need Benny today to rally?
[12:18] {Threei} it rallied on Friday without him
[12:18] {Threei} or Thu
[12:18] {Threei} or Wed
[12:18] {Threei} US) Fed Chairman Bernanke: Fed's mandate also includes keeping USD strong; sees moderate economic growth continuing through 2010; monitoring developments in USD closely
[12:18] {Threei} - Jobs to remain scarce for some time, hurting spending
[12:18] {Threei} - Inflation to remain subdued for some time, pledges to monitor inflation closely
[12:18] {Threei} - Recent depreciation of USD reflects the reversal of safe haven flows
[12:18] {Threei} - Fed to monitor USD developments closely.
[12:18] {Threei} - US economic strength will help ensure the USD remains strong
[12:19] {Threei} so what in that would start a rally?
[12:19] {ilana} NABI held pretty well this pullback
[12:20] {Threei} and if you look at intraday chart, didn't most opf the rally occurred in first 15 minutes, long before Ben opened his mouth?
[12:21] {Les} hey take it up with CNBC :)
[12:21] {Threei} I do
[12:21] {Les} lol
[12:21] {Threei} I show you how idiotic that assumption is
[12:21] {Les} sorry vad you misunderstand me...
[12:22] {Les} I know how idiotic that is for CNBC to say
[12:22] {nemo} market looks like going to drop
[12:22] {Les} I was interested in possible market reaction following speech...
[12:22] {dino} 3i, you seem tense
[12:22] {Threei} me? rather like jellyfish
[12:23] {fernp} QID, vad?
[12:23] {Threei} Les... they assume that rally is thanks to Benny, thus they assume that end of his speech means selloff
[12:23] {dino} free fall
[12:23] {Threei} if first assumption is, wrong, doesn't it mean seond is qrong by extention?
[12:23] {Threei} we may sell off but Benny has absolutely nothing to do with it
[12:24] {Les} no. opinion of another old hand like yourself. curious as to your thoughts on the matter.
[12:24] {Les} but stupid of me to ask. trade what you see, not what you think....
[12:24] {Threei} unless he says something of significance, market movements are done with no regard to his speech
[12:24] {Threei} imagine for instance him saying: we are going to hike rates next month
[12:25] {Threei} market drops 500 points in a flash
[12:25] {dino} edu
[12:25] {Les} RIMM 200 ma support at 61.58 on 15 min. lose this support, I will short. next stop 60.73.
[12:26] {dino} talking heads thats all
[12:27] {Les} yes, sorry for wasting space on such idle speculation
[12:27] {Threei} if we reversed, QID is the way to try it on .40 break, fern
[12:27] {Threei} with stop under .35
[12:27] {dino} no worries, just turn the volume off and put on some tunes
[12:28] {fernp} ok Vad
[12:31] {fernp} will be this NABI the AGAM's brother? :-)
[12:31] {Threei} lol
[12:32] {ese} Ok........well i've been patient....will continue to be patient....but am considering L fitb...
[12:32] {nemo} orders building up at .50 again
[12:32] {ese} will give the lunch hour more time to work
[12:33] {BillyD} I show EDGX 95 on .50 NABI...is this correct
[12:33] {Threei} yes
[12:33] {BillyD} ty
[12:33] {nemo} gold star Billy
06[12:34] * nemo slaps nemo around a bit with a large admonishment for patronizing comment
[12:36] {dino} hl l edu .96, stop lod
[12:40] {ese} l fitb .99
[12:41] {strider} See you guys in the morning....gotta run..
[12:41] {Threei} take care strider
[12:41] {ese} cya ST
[12:41] {nemo} c u strider
[12:41] {fernp} bye strider
[12:41] {strider} :)
[12:42] {Threei} QID reestablished
[12:42] {nemo} what, break of .40?
[12:42] {fernp} ,41 w/stop under .35
[12:44] {fernp} What is your stop on NABI? mine is .35
[12:44] {nemo} vad gave a range .30 .35 .40
[12:44] {nemo} depends on where I chicken out
[12:44] {fernp} lol
[12:45] {nemo} don't laugh at me...I'm sensitive...sniff
[12:46] {nemo} giddy up nabi
[12:46] {nemo} nabi wanna' cracker
[12:46] {Threei} gosh NABI, go to 5 already and help me with these whiners
[12:46] {fernp} Vad, where are your military boots?
[12:46] {nemo} then you can go home
[12:47] {Threei} putting them on
[12:47] {fernp} lol
[12:50] {fernp} ty ty Vad
[12:50] {Threei} okay... lol
[12:50] {fernp} now I'm sure, NABI isn't AGAM's brother
[12:50] {Threei} I am offering 4.80
[12:50] {Threei} one of these days I'll win against all these pesky scalpers
[12:51] {dino} pwrd to .60
[12:52] {nemo} guess we shoul have taken the lunch time scalp
[12:53] {dino} out pwrd .66, +.36
[12:55] {dino} edu stopped -.22
[12:55] {dino} hit/miss day for me
[12:58] {Threei} (US) Fed Chairman Bernanke: Progress is being made in putting a value on toxic assets - Q&A
[12:58] {Threei} - Analyzing systemic risk in the financial system as a whole presents enormous challenges.
[12:58] {Threei} - Banks may be systemically important even if they are not huge firms. Thus making banks smaller is not necessarily a solution to the "too big to fail" issue.
[12:58] {Threei} - Will not have a secure financial system until it is safe to let a large financial firm fail.
[13:00] {Threei} why does one need so many words to say "I have no idea what's happening, what to do and what's coming"
[13:00] {nemo} Greenspan school of public speaking
[13:01] {Threei} yeah but Greenspan looked and sounded like he had a clue
[13:01] {dino} why talk at all
[13:01] {Threei} even though we all know he didn't
[13:01] {nemo} and he was full of shit too
[13:01] {nemo} sorry
[13:01] {fernp} are you still in NABI, Vad?
[13:01] {fernp} or were you stopped when lost .50?
[13:01] {Threei} half in
[13:02] {Threei} stop under .35
[13:02] {Threei} this is new twist:
[13:02] {Threei} Banks may be systemically important even if they are not huge firms. Thus making banks smaller is not necessarily a solution to the "too big to fail" issue.
[13:02] {Threei} this opens whole new slew of possibilities
[13:03] {dino} it is called lobby money
[13:03] {Threei} yes, and it opens new door for voluntarism
[13:04] {Threei} under this pretense they get card blanche to decide at their own discretion who to deem important
[13:05] {fernp} so you didn't rose stop to b/e when 1:1 was reached on NABI
[13:05] {fernp} ?
[13:05] {Threei} no
[13:05] {Threei} this is momo stock
[13:06] {Threei} this is not technical
[13:06] {nemo} where's the momo?
[13:06] {Threei} it either will return or not
[13:06] {magoo} whats entry on NABI again?
[13:06] {fernp} ok, you are the boss :-)
[13:06] {nemo} .51
[13:06] {Threei} I am not aware of particular plac where it goes when it leaves
[13:07] {Threei} oh and btw,
[13:07] {Threei} who appreciated grand scale visual effects and good destruction, go see 2012
[13:08] {Threei} but if you need a plot with any credibility or wit, skip it
[13:08] {fernp} i'll go to watch it
[13:09] {Threei} one big plus vs War of the Worlds - kids are not too anoying
[13:09] {magoo} record box office open i think tho
[13:09] {Threei} 'cause the little girl in that one made me sympathize with aliens that wanted to eat her
[13:10] {Threei} I was almost saying "bon appetite"
[13:11] {nemo} oh oh, people trying to get out of nabi
[13:11] {Threei} what to try?
[13:11] {Threei} it's not like there is no bids
[13:12] {nemo} big order stacked up .48
[13:12] {Les} HGSI new high
[13:13] {nemo} disappeared
[13:19] {Threei} NLST is beyond this universe
[13:19] {Threei} when it dropped to around 5, I expected a bounce, but return to highs and making new ones?
[13:19] {magoo} tough tho...it takes the high by .03 cents then falls ,20 cemnts
[13:20] {Threei} oh,it's not a breakout one
[13:20] {Threei} most momos aren't
[13:20] {magoo} it took last high .84
[13:21] {magoo} look.87
[13:21] {magoo} then hits .47
[13:25] {ese} have to go...catch you all tomorow. More christmas shows to do.
[13:25] {fernp} bye ese
[13:26] {dino} cya es
[13:28] {Threei} take care ese
[13:29] {fernp} I should go to the doctor. I forgot that i bought CSCO when broke 24
[13:29] {fernp} and my 1:1 order was hit 20 minutes ago and I realize now
[13:30] {Threei} lol
[13:31] {fernp} I like this OCA orders :-)
[13:31] {dino} happens to me too fern
[13:31] {dino} pwrd drop
[13:33] {BillyD} WFC again
[13:36] {Les} rimm bounce?
[13:37] {Threei} leave it alone IMO
[13:38] {Threei} stock sits at lows while market makes new highs
[13:38] {Threei} why would you wnat it long
[13:38] {Les} cause I'm bored and looking for a trade?
[13:38] {Les} I know, I know, asking for trouble...
[13:38] {Threei} look for valid setups
[13:39] {Threei} not for something that is against market laws
[13:39] {Les} k
[13:39] {Threei} if you wantd a scalp for instance, WFC .50 break was it
[13:40] {Threei} but RIMM if anything is short
[13:40] {Threei} see?
[13:42] {magoo} we in anything?
[13:43] {nemo} nabi
[13:43] {magoo} OY
[13:43] {magoo} trades by appointment
[13:43] {nemo} yeah, didn't quite get my 1:1 so sitting on a loss
[13:44] {Threei} 5 cents?
[13:44] {nemo} .06
[13:44] {nemo} bad trading...should have taken the close scalp at lunch time
[13:45] {Les} so HGSI challenging previous high. This a break entry if it triggers?
[13:45] {Threei} not by me
[13:45] {Threei} no colnsolidation
[13:46] {magoo} read on APOL vader?
[13:46] {Les} but not a momo either?
[13:46] {dino} pwrd hl l .51
[13:46] {Threei} naaaah
[13:46] {magoo} to many symbols..u mean NAAH?
[13:46] {Threei} APOL is istless here mags... bounce soon probably but need life return to it
[13:47] {Threei} momo is very vvery different Les
[13:48] {nemo} why is nabi momo today...looking at chart it gapped up with everything else and has been hanging in a range
[13:48] {Les} can u please define it?
[13:49] {Threei} with everything elsew
[13:49] {Threei} ?
[13:49] {Threei} you see the size of the gap?
[13:50] {Threei} and volume?
[14:00] {Les} vad, can you read anything on this spike in STEC?
[14:00] {dino} ese blood again
[14:01] {Threei} break of 13.40 was valid long
[14:01] {Threei} right now, it's listless
[14:01] {dino} l .99 hl
[14:01] {nemo} long what dino?
[14:02] {Threei} (US) Fed's Fisher: Q3 GDP may be less than 3.5%; Q4 GDP will be positive; goal is the maintain the purchasing power of the USD
[14:02] {Threei} - Unemployment rate will remain 'painfully high' for much longer than is preferred
[14:02] {Threei} - "Extended period" wording creates potential for USD carry trade.
[14:02] {dino} ese
[14:03] {nemo} he left
[14:03] {Threei} rofl
[14:03] {magoo} in despair
[14:03] {Threei} dialog with deaf is kind of challenging dino, eh?
[14:04] {dino} the sysmbol
[14:04] {dino} symbol ese
[14:04] {nemo} I know...yukyukyuk
[14:04] {dino} sssssssssslllllllllllllllllaaaaaaaaaaaaaaaaaapppppppppppppppppppppp
06[14:04] * nemo deserves it
[14:06] {BillyD} this slow afternoon pace has kept me out of a couple that have worked
[14:07] {Threei} slow pace does make read tough
[14:08] {BillyD} chart setup is good but who knows if get any follow thru w/ mkt help
[14:08] {BillyD} wasn't worth the risk I guess
[14:08] {BillyD} to find out
[14:09] {Les} i made profitable mistake earlier on hgsi, although am reluctant to call it a trade.
[14:09] {Les} shorted - covered with -.20 loss
[14:09] {Threei} lol
[14:09] {Les} doubled down and went long
[14:09] {Threei} then found out you bought and sold?
[14:09] {Les} and forgot about it...
[14:10] {Les} out with net gain +.25
[14:11] {Les} dinner time, putting kids to bed. not time to be trading...
[14:11] {Threei} ugh
[14:12] {Threei} how did I miss RGLD consolidation under .40
[14:12] {magoo} arguing with nemo is how.......
[14:13] {dino} they had quite the move, golds should be short soon, imo
[14:13] {nemo} bs
[14:13] {Threei} not really, I argue with nemo automatically
[14:13] {Threei} I mean, he says something, I argue
[14:13] {Threei} pure reflex
[14:13] {magoo} oh, as in multi-task?
[14:13] {Threei} not a task at all, like breathing
[14:14] {Threei} there is air - you breathe
[14:14] {Threei} there is nemo - you argue
[14:14] {magoo} plus its enjoyable
[14:14] {nemo} sniff
[14:15] {magoo} are u still thhinking about throwing him out of room vad/
[14:15] {magoo} OOPS
[14:15] {Threei} no, I changed to dropping out myself
[14:15] {nemo} mags...then who will he argue with?
[14:15] {Threei} lol
[14:15] {BillyD} lol
[14:16] {nemo} think mags is feeling left out Vad?
[14:17] {Threei} who knows... I've long goiven up on decding his psyche
[14:17] {Threei} decoding
[14:17] {nemo} I got it
[14:25] {magoo} tell u what lately..vad hands out trout like he's paying for them
[14:25] {nemo} hehehehehe
[14:25] {Threei} lol
[14:27] {Threei} this makes me feel much better:
[14:27] {Threei} English were doin' fine til the gramer guys & lexicogigraphers got ahold of it
[14:27] {Threei} (sorry Raven)
[14:27] {BillyD} Vad, is overall volume normally down this much for this time of year
[14:27] {Raven} np
[14:28] {Threei} no, not really Billy
[14:28] {Threei} Oct and Nov are usually good volume months
[14:28] {BillyD} Kind of what I remember
[14:28] {Threei} but, can tyou remember any single year that would see such developments
[14:29] {Threei} huge drop, then just as huge recovery
[14:29] {BillyD} very true
[14:29] {Threei} and ever since Septmeber, slow climb at what seemed to be the end of the rally
[14:29] {dino} lot of people threw in towel w/markets, imo
[14:29] {BillyD} thr gradual grind up
[14:29] {Threei} smell of roasted bear meet becomes unbearable
[14:30] {Threei} ummm... pun not intended
[14:32] {Les} hgsi. 15 min chart. what a short squeeze!
[14:32] {Threei} fooled premature shorts, didn't it
[14:33] {Les} difference between me now and one month ago is that i'd be suffering terribly a month ago...
[14:34] {Threei} would have shorted it and sat on a loss?
[14:34] {dino} out pwrd .77, +.26
[14:34] {Les} yep
[14:35] {Threei} this is the worst thing you can do to yourself...
[14:35] {Les} damn. did that too many times...
[14:35] {Threei} ad one single thing that ir responsible for the most traders put out of business
[14:35] {Les} it's a mantra easy to say but difficult to practice: take the stop, take the stop...
[14:36] {Threei} till certain moment, yes
[14:36] {Threei} then something clicks
[14:36] {Threei} it becomes so ingrained
[14:36] {nemo} yeah...too much pain and suffering
[14:36] {Threei} and a few weeks later you just can't believe you even had any problems with it
[14:37] {Les} I'm not there yet, but it is getting easier
[14:37] {dino} esc hl l .02, stop lod
[14:37] {Les} will stay with paper trades until it becomes automatic
[14:37] {Threei} read the blog article on why we don't keep stops, les?
[14:37] {Threei} if not, please do
[14:37] {Threei} if did, reread
[14:38] {Les} link please
[14:38] {dino} hmmm ibkc
[14:38] {nemo} nabi slipping
[14:38] {Threei} http://www.realitytrader.com/blog/2007/05/stops-why-dont-we-keep-them.html
[14:40] {ilana} 13:36 Threei then something clicks
[14:40] {ilana} i think i got this click today
[14:40] {Threei} good
[14:40] {nemo} stopped pos nabi
[14:40] {ilana} les, it took me 2.5 weeks,
[14:41] {ilana} i hoper there is no way back
[14:41] {ilana} hope
[14:41] {dino} exel
[14:41] {Threei} when you start taking stops as they are hit with no thinking at all, eay and with no hard ffeeling, and forget about them in seconds - this is it
[14:41] {ilana} right on
[14:42] {Threei} a few weeks later look back at the times when you used to hold the loss for days, tortured and unable to think of anything else, and you will be like:
[14:42] {Threei} why did I do that to myself?
[14:43] {ilana} amazing feeling, though
[14:43] {Threei} liberty
[14:43] {ilana} total control in your hands
[14:43] {Threei} being in control, yes
[14:43] {Threei} no more this overwhelming ofrce above you
[14:43] {Threei} force
[14:43] {dino} missed stops eat at your soul
[14:44] {Threei} wow... that's deep
[14:44] {ilana} yup, no stop's slave anymore
06[14:44] * Threei goes back to navel-gazing
[14:47] {Threei} RIMM
[14:47] {Threei} looks like done dropping
[14:47] {Threei} recovery is better chance now
[14:47] {ilana} just was typing" missed .45 entry" lol
[14:47] {Threei} Long Setup: RIMM .55 break
[14:48] {nemo} stop under .45?
[14:48] {Threei} this pullback will show the stop placement
[14:48] {Threei} hopefull it's .45, yes
[14:48] {nemo} old resistance becomes new support
[14:48] {Threei} invalidation is under .40
[14:48] {Threei} oh come on... I can't argue with that
[14:49] {Threei} what are you doing to me?
[14:49] {nemo} O.k. argue with this. "Vad is a very nice fellow."
[14:49] {Threei} with this I can
[14:49] {nemo} invalimudated
[14:49] {Threei} yes
[14:49] {Threei} I am far from nice
[14:49] {nemo} damn convincingly too
[14:49] {Threei} nice and I do not exchange postcards on Christmas
[14:53] {magoo} we in anything boss?
[14:54] {Threei} no, unless you are holding NABI
[14:54] {ilana} shorted RIMM on this pullback, +0.1
[14:55] {magoo} nah
[14:58] {Threei} (US) Fed's Fisher: Carry trade usually "ends in tears"; expects MBS/UST spreads to widen as Fed purchases wind down
[14:58] {Threei} - Recovery depends on growth in corporate revenues.
[14:58] {Threei} whose tears?
[15:01] {dino} croc tears
[15:03] {nemo} amzn weak today
[15:04] {Les} covered a hgsi short at .65, +.20
[15:04] {dino} gj
[15:05] {ilana} gj Les
[15:05] {dino} cf
[15:06] {ilana} RIMM 0.34 break, long?
[15:07] {nemo} volume not increasing on this rise
[15:07] {ilana} exactly
[15:07] {dino} lny hl s .00
[15:07] {ilana} according to TTR method
[15:08] {nemo} kinda, see that pullback, volume should be lower than previous low, but there's been no increase in volume on the return to the swing high
[15:09] {nemo} see what I mean, no buying strength
[15:09] {ilana} yup
[15:10] {Les} hgsi rolling over again
[15:10] {nemo} now market tanking ilana, so volume pick up with market help could be a break
[15:11] {nemo} coul also be a short below .22
[15:14] {Threei} US Postal Service: Will not raise prices on first class, standard mail, or other dominant market products in 2010
[15:14] {Threei} - The 2010 plan, which estimates a revenue decline of $2.2 billion, a net loss of $7.8 billion, cost reductions of more than $3.5 billion and a reduction in mail volume of 11 billion pieces for the year, is based on the assumption that there will be no change in the number of delivery days per week, and no change in the current retiree health benefits payment schedule.
[15:15] {Threei} Short Setup: HGSI .60 break
[15:15] {Threei} if stays below .70
[15:16] {Les} haha didn't see your call and I took the trade. am I finally in sync?
[15:16] {Les} for once
06[15:17] * nemo slaps Les around a bit with a large daytrading course
[15:17] {BillyD} lol
[15:17] {Les} that hurts
[15:20] {BillyD} out ty
[15:20] {Threei} 1:1
[15:20] {fernp} ty very much Mr Graifer
[15:20] {nemo} whoa
[15:20] {Threei} you are so very welcome
[15:20] {nemo} you're being nice
[15:20] {fernp} .)
[15:20] {Threei} OK... since when we are THIS nice?? :)
[15:21] {dino} esc stopped -.23
[15:21] {nemo} what we?
[15:21] {fernp} the world is changing Vad
[15:21] {Threei} hmmm... not to the best I see
[15:21] {nemo} scalpers win again
[15:22] {fernp} Obama's fault
[15:22] {nemo} another low volume day
[15:23] {Threei} in my world nod is expression of eternal love
06[15:23] * nemo slaps nemo around a bit with a large IDIOT stick!!!
[15:23] {Threei} shot in the head equals "well, you are mistaken about that"
[15:23] {magoo} meridith is tanking the markets here
[15:24] {nemo} what she say?
[15:24] {Threei} Meredith Whitney: "Have not been this bearish in a year", reiterates that banks will raise capital again - CNBC
[15:24] {Threei} - believes banks will go back to tangible book value
[15:24] {Threei} - feels that Bernanke did not say enough in speech today; including how to exit programs even though they are almost finished
[15:24] {Threei} - comments that does not feel that banks are well capitalized; feels there is another leg to go in commercial real estate
[15:24] {Threei} - notes that most banks assume that housing prices will not go down from here, and that unemployment will reach 10% in 2010 and have already reached that leve
[15:25] {BillyD} I agree with her on commercial real estate downward at least here in AZ
[15:26] {Les} bear flag on HIG?
[15:27] {Threei} most likely
[15:27] {Les} lets kill it
[15:27] {nemo} sell 500k shares, that should do it
[15:27] {Threei} lol
[15:28] {Threei} if market reverses down again, .30 break
[15:28] {Threei} sorry, .20
[15:28] {fernp} LNCR
[15:28] {Threei} LNCR Weisel Raised LNCR to Overweight from Market Weight (timing uncertain)
[15:28] {Threei} lol
[15:28] {magoo} hig vad?
[15:28] {Threei} yes mags
[15:29] {Threei} stop above .30
[15:29] {nemo} mmmhhh, amzn holding
[15:34] {fernp} What happened with NABI? are u going to hold overnight?
[15:35] {Threei} not me
[15:35] {nemo} stop was .35 fern
[15:35] {Threei} it touched under .35
[15:35] {fernp} ahh!, sorry
[15:35] {Threei} had it held around .50, I would take it
[15:37] {dino} ese to .25
[15:38] {dino} edu hl l break .50
[15:38] {nemo} Ilana, look at dino's stoc ese
[15:38] {ilana} just looking
[15:38] {nemo} soo the volume on the 2nd bottom
[15:39] {ilana} right lol
[15:39] {nemo} then the rop in volume on the minor pull back into resistance
[15:39] {nemo} and then the increase in volume as it broke that level
[15:39] {nemo} excuse me pullback into support
[15:40] {ilana} can you specify the time of this volume increase?
[15:40] {nemo} 3:00
[15:40] {dino} to .35
[15:41] {nemo} as the price increased, so did the volume
[15:41] {ilana} ok
[15:41] {dino} out slip ave .34, +.35
[15:42] {ilana} and it didn't at 15:32
[15:42] {nemo} according to my chart it did
[15:42] {ilana} really?
[15:43] {nemo} yes, volume increased from 3:30-3:33
[15:46] {BillyD} vad, you out Hig?
[15:46] {Threei} 1:1, yes
[15:46] {BillyD} ok, was thinking of shorting into this bounce
[15:46] {Threei} fern caused a few too many bruises on me as a chief scalper
[15:46] {BillyD} but not sure
[15:46] {Threei} I stopped fighting the destiny
[15:47] {Threei} if one is born as scalper - one should scalp
[15:47] {fernp} scalp is the safer way to trade this market :-)
[15:47] {nemo} yeah, and use a rusty knife
[15:47] {dino} nothing wrong w/scalping
[15:47] {nemo} don't forget to salt it
[15:47] {dino} whatever pays the bills
[15:48] {Threei} ok, the world ends
[15:48] {Threei} and long before 2012
[15:48] {Threei} I mean, all my trading life I defended scalping as trading style against zillion of disbelievers
[15:49] {Threei} now you guys convince me scalping is good? :)
[15:49] {nemo} making money=good
[15:49] {dino} costazza market 3i
[15:49] {Threei} no really?
[15:49] {nemo} you didn't know
[15:49] {Threei} nemo... you are on a very very dangerous ground
[15:50] {nemo} Wouldn't have it any other way :)
[15:50] {nemo} should I go to my cave?
[15:50] {Threei} the title of captain obvious is the last I have ever since fern overtook as a scalper
[15:50] {Threei} and it's under attack from each and every angle as it is
[15:50] {nemo} oh...sorry, I forgot how close to your heart that is
[15:50] {Threei} every talking head out there competes for it
[15:51] {Threei} et tu brut??
[15:51] {nemo} Ides of November dude
[15:51] {dino} lol
[15:51] {nemo} or rimm break of ...sob
[15:52] {nemo} see volume increas into that break of .10 Ilana
[15:52] {nemo} on Rimm
[15:52] {ilana} yes
[15:52] {nemo} there you go, break volume set up
[15:53] {ilana} got it, thx nemo
[15:53] {nemo} wish I did :(
[15:54] {ilana} what?
[15:54] {nemo} I saw it as it broke, didn't grab it...sniff
[15:54] {Threei} he wishes he took the trade Ilana
[15:54] {Threei} this is nemo, you see
[15:55] {nemo} yes...
[15:55] {Threei} you need a years of practice to understand what he is saying
[15:55] {nemo} To trade, or not to trade, that is the question
[15:55] {Threei} alas, poor Yorik
[15:55] {ilana} lol
[15:55] {nemo} I knew him well...before I killed him
[15:56] {ilana} remembered something...
[15:56] {Threei} Frailty thy name o scalper
[15:56] {nemo} Where wolf....
[15:56] {nemo} There castle...
[15:56] {Threei} frikin NABI
[15:56] {Threei} it was a buy at .35, lol
[15:57] {nemo} oh jeez, I would have almost broke even
[15:57] {BillyD} NABI was a little toughy....pace changes and too many supports to pick from
[15:57] {Threei} true
[15:57] {Threei} tomorrow it will hap to 5 and we be crying
[15:57] {BillyD} yup....just like NLST
[15:58] {nemo} amzn very weak today folks. down 1.60 on big up day, could be fun short if tomorrow a weak day
[15:58] {Threei} okay guys, not stellar but not bad for mOnday
[15:58] {Threei} yes nemo, let's watch it for short
[15:58] {BillyD} thx Vad cya
[15:58] {fernp} good evening ladies and gentlemen. Have been a pleasure trading with all of you today. Love and peace to all. LOL
[15:58] {Threei} could be one of first really good reversals as market finally tops
06[15:58] * nemo slaps fernp around a bit with a large trout
[15:59] {ilana} gn
[15:59] {Threei} oh boy
[15:59] {Threei} what's going on with fern
[15:59] {fernp} honey, What the hell had this cup. It wasn't coke? LOL
[15:59] {Threei} rofl
[15:59] {fernp} see you all tomorrow
[15:59] {dino} ouit edu -.08
[15:59] {Threei} thank you all
[15:59] {nemo} buenos noches
[15:59] {Threei} have a great evening
[15:59] {Threei} see you tomorrow
[15:59] {Les} ty. nighty night
[15:59] {nemo} gonna' do a curtain call Vad?
[15:59] {nemo} Encore encore
[15:59] {Threei} what's that?
[16:00] {nemo} just slap me
[16:00] {Threei} nope
[16:00] {Threei} I have this feeling
[16:00] {nemo} Oh you're so nice Vad
[16:00] {Threei} you like it too much
[16:00] {nemo} masochism just the other side of sadism
[16:00] {Threei} sure
[16:00] {Threei} but I decided not to oblige
[16:00] {nemo} what's not to enjoy