Tuesday, June 30, 2009

Jun 30 2009

Summer. Boring. Nothing to add.

Session Time: Tue Jun 30 00:00:00 2009

[08:31] {Threei} CYTR Files Report with the FDA in Response to the Partial Clinical Hold on its Phase 2b Arimoclomol ALS Trial
[08:34] {Threei} [APPY] Files 510(k) Notification With FDA for AppyScore(TM) Test
[08:34] {fernp} good morning everybody
[08:35] {Threei} fern :)
[08:35] {nemo} hello
[08:35] {Threei} nemo :)
[08:35] {nemo} Vader
[08:40] {Threei} Investor George Soros: One cannot fix credit crisis by replacing debt with fiscal balance sheet; going forward, sees a 'stop-go' economy
[08:40] {Threei} - It's a misconception to believe in 'self-correcting' markets
[08:41] {Threei} really?
[08:41] {Threei} how did they self-correct for hundreds years
[08:42] {cosmo} before soros = bs
[08:44] {Threei} lol
[08:47] {BillyD} mornin all
[08:47] {Threei} Billy :)
[08:52] {BillyD} Vad, AGII finished with good buying.....it is just low volume
[08:52] {Threei} yeah, let's have a loom at it after open
[08:53] {nemo} huh?
[08:53] {BillyD} SCLN a little one on nice uptrend
[08:54] {Threei} the fery first stock I've ever bought
[09:00] {Threei} *APR CASE SHILLER HOME PRICE INDEX: 139.18 V 139.99 PRIOR
[09:00] {Threei} COMPOSITE-20 Y/Y: % V -18.63%E
[09:01] {Threei} SLM Corp Buckingham reiterates Accumulate rating, price target $16
[09:01] {Threei} - Firm is raising their 2010 EPS estimate by $0.07 to $1.42 to reflect the estimated contribution from the company's new loan servicing contract and are lowering our Q2 and 2009 estimates by $0.09 per share to reflect the still wider than normal spread between LIBOR and CP in Q2 (about 44bp instead of 10bp).
[09:01] {ese} good morning.....
[09:01] {Threei} ese :)
[09:02] {ese} sold fitb at the end of the day .02 +.08 on 6k
[09:03] {ese} thought i was going to get more out of it
[09:03] {magoo} dfj;ordspijreaipjhresjhil
[09:04] {ese} ya for sure dajup werwoiuoi*&^&^ and i believeoioidjlkjoiwe....for sure!
[09:04] {Threei} magoo :)
[09:05] {ese} focusing in on anything vad?
[09:05] {magoo} its my bday today
[09:06] {tomg} Happy Birthday Magoo !
[09:06] {ese} happy birthday mags!!!!!!!!
[09:06] {Threei} Happy Birthday mags
[09:07] {Threei} I am focusing on attempts to focus
[09:07] {patience} happy birthday to magoosky :)
[09:07] {magoo} if u figure that focus thingy out let me know lol
[09:07] {ese} gottcha....let me get my coffee
[09:11] {dino} gm all
[09:11] {Threei} dino :)
[09:11] {nemo} what did the Case-Shiller release say?
[09:11] {Threei} 09:00] {Alert} Threei *APR CASE SHILLER HOME PRICE INDEX: 139.18 V 139.99 PRIOR
[09:11] {Threei} [09:00] {Alert} Threei COMPOSITE-20 Y/Y: % V -18.63%E
[09:12] {nemo} not good
[09:12] {nemo} but market not affected
[09:14] {magoo} gotta be careful...end of qtr games been in play..usually do not carry the last day
[09:16] {dino} don't over think it guys, just trade
[09:16] {Threei} couldsn't even if I wanted dino
[09:17] {nemo} that's funny...looking at your entry, I thought prices dropped 20%...news article says they only dropped %18.8-less than expected
[09:18] {ese} i'm with dino......what market....what index.....what release......whadaya talkin a bout
[09:18] {dino} great minds, huh es, lol
[09:19] {nemo} stand up ese...less pressure on your brain
[09:20] {nemo} GERN
[09:20] {ese} ahhhh oh ya.....thats what it is
[09:21] {Threei} Geron Corp Announces exclusive global agreement with GE Healthcare to Commercialize Stem Cell Drug Discovery Technologies
[09:21] {Threei} - Companies have entered into a global exclusive license and alliance agreement to develop and commercialize cellular assay products derived from human embryonic stem cells (hESCs) for use in drug discovery, development and toxicity screening.
[09:21] {Threei} - The program will use stem cells derived from hESC lines listed on the NIH Human Pluripotent Stem Cell Registry.
[09:21] {Threei} Under the terms of the agreement, GE Healthcare has been granted an exclusive license under Gerons extensive intellectual property portfolio covering the growth and differentiation of hESCs, as well as a sublicense under Gerons rights to the foundational hESC patents held by the Wisconsin Alumni Research Foundation. GE Healthcare and Geron have established a multi-year alliance program under which scientists from the two companies will work closely together to develop hESC-based products for drug discovery. The program will use stem cells derived from hESC lines listed on the NIH Human Pluripotent Stem Cell Registry. GE Healthcare will fund the R&D program and will be responsible for manufacturing, sales and distribution of products developed under the agreement.
[09:22] {BillyD} GERN never came up on scanner
[09:22] {Threei} in all those multiple GERN buyout rumors GE was named as a potential suitor
[09:25] {BillyD} stocks of focus Vad?
[09:26] {Threei} GERN
[09:27] {Threei} maybe STEM
[09:30] {Threei} and whatever scanner spits out
[09:30] {magoo} APOL nuts..i know reported
[09:31] {Threei} yeah, was very strange after report, stranger yet now
[09:32] {Threei} Long Setup: GERN on pullback to about .65
[09:32] {Threei} Long Setup: BAC .30 break
[09:33] {Threei} if stays above .24
[09:34] {nemo} wow, tsl jumped 1.30
[09:34] {dino} schn
[09:34] {Threei} GERN didn't give entry... don't want to chase it, it's not really breakout stock
[09:36] {Threei} BAC invalidated
[09:37] {BillyD} stiil want GERN if pulls back?
[09:37] {ese} INTC approaching 3 month high
[09:37] {Threei} yes, double bottom
[09:41] {ese} Lfitb ,11
[09:41] {nemo} frickin bac
[09:41] {magoo} the BAC-onator lol
[09:41] {Threei} Economist Shiller: Have seen improvements in overall levels of housing rate declines
[09:42] {jfjf64} mornin
[09:42] {Threei} jf :)
[09:42] {ese} jjjjjjjfffffff!!!!!!!!!1
[09:42] {Threei} FUQI at it again
[09:42] {jfjf64} ip l.26
[09:43] {BillyD} it gaps thru resistance and you don't want to chase on FUQI
[09:43] {jfjf64} 1/1
[09:43] {Threei} good one jf
[09:43] {jfjf64} out
[09:44] {Threei} MNTA
[09:44] {Threei} wathing for bounce to short intto
[09:44] {nemo} thinny, as dino would say
[09:44] {jfjf64} looks good
[09:44] {jfjf64} very thinni
[09:45] {Threei} JUNE CHICAGO PURCHASING MANAGERS INDEX: 39.9 V 39.0
[09:46] {ese} end of the month ...no effect
[09:46] {jfjf64} hrb.97 long
[09:47] {nemo} gern pulled back a bit
[09:48] {jfjf64} killin entry on pullbk
[09:50] {jfjf64} xco vad lk lk wants to mk dbl top
[09:51] {dino} xco shale deal
[09:51] {Threei} tough one jf
[09:51] {Threei} GERN new high
[09:54] {Threei} SLM
[09:54] {jfjf64} elx break .25
[09:54] {Threei} pullback closer to .30 long
[09:57] {Threei} in
[09:57] {Threei} stop uinder .20
[09:57] {jfjf64} in
[09:58] {magoo} in
[09:59] {Threei} consumer confidence numbers are coming
[10:00] {magoo} OY
[10:00] {Threei} JUNE CONSUMER CONFIDENCE: 49.3 V 55.3E
[10:00] {dino} air pocket
[10:01] {Threei} consumer is as confused as anyone
[10:01] {dino} well think about it, savings rate way up, consumer not confident
[10:02] {Threei} (US) Treasury: Proposed consumer financing to cover all banks and non-banking institutions
[10:02] {Threei} hmm?
[10:03] {Threei} no worky SLM
[10:04] {jfjf64} xco dam
[10:06] {jfjf64} couldnt fine define entry
[10:06] {Threei} you were looking for double top jf??
[10:07] {Threei} good thing you haven't found it, lol
[10:08] {fernp} DELL double bottom, Vad?
[10:08] {Threei} most likely, but I'd prefer buying it on sliught pullback
[10:08] {Threei} around .70
[10:09] {fernp} ok
[10:09] {Threei} if market spikes strongly then yes, buy .75
[10:09] {Threei} GERN
[10:09] {Threei} .90 break
[10:09] {Threei} stop under .85
[10:10] {Threei} (US) Labor Dept: Unemployment levels are seen up in all independent 372 survery areas in US
[10:11] {Threei} I don't get it... did we or did we not create or saved millins of jobs
[10:11] {nemo} talked about it
[10:12] {Threei} GERN 1:1
[10:13] {Threei} half or scalp is your choice
[10:13] {Threei} DELL 1:1 for hardcore scalpers
[10:13] {jfjf64} took ssalp ty
[10:13] {Threei} you know... those pesky creatures that buy .75 while keeping .70 stop
[10:14] {magoo} big pllbk BAC vad
[10:14] {Threei} on GERN jf? or DELL?
[10:14] {jfjf64} gern
[10:14] {Threei} I'd try it mags
[10:14] {Threei} .20 is nearest support, let's see if holding it
[10:15] {Threei} if yes, buy .26
[10:15] {Threei} if no, let's wait and reevaluate
[10:16] {ese} out fitb....00 -.11
[10:16] {jfjf64} xco vad
[10:16] {ese} &*^&^%&^*&#@#@!
[10:17] {jfjf64} ya see entry anywher
[10:17] {Threei} watching
[10:17] {Threei} not yet\]
[10:17] {level777} VICL
[10:17] {dino} schn lod
[10:18] {dino} fast bounce
[10:18] {Threei} VICL 8:30 news
[10:18] {Threei} Vical Inc H1 Influenza Vaccine Delivers Robust Preclinical Results With 100% Response
[10:18] {Threei} - Company''s vaccine against A/H1N1 pandemic influenza (swine flu) produced robust immune responses well above the accepted protection threshold in 100% of vaccinated mice and rabbits after a standard two-dose vaccine regimen. In addition, at least 75% of vaccinated animals achieved or exceeded the protection threshold after a single dose of vaccine.
[10:18] {Threei} - The company is ready to advance directly to large-scale cGMP manufacturing of the vaccine for human clinical trials, subject to securing external funding for this program.
[10:18] {Threei} XCO jf
[10:18] {Threei} .70 break
[10:18] {Threei} long
[10:18] {Threei} stop under .65
[10:19] {Threei} invalidated
[10:19] {Threei} so is BAC
[10:20] {nemo} wfc builing support
[10:22] {Threei} WFC is .60 trigger
[10:22] {Threei} if holding .50
[10:22] {nemo} tell the market
[10:22] {Threei} XCO worked after all, lol
[10:23] {jfjf64} yup
[10:23] {jfjf64} tempted to try .90 break
[10:23] {level777} trading looks a little tough today
[10:24] {Threei} AGEN Hearing positive chatter circulating regrading fast track approval speculation (1.97, 0.13, 7.07%)
[10:24] {jfjf64} but that be chasin
[10:24] {BillyD} Vad, u taking WFC if triggers
[10:25] {Threei} why not
[10:25] {jfjf64} ditto
[10:26] {nemo} short if it fails?
[10:26] {Threei} I won't
[10:26] {BillyD} KIRK is strong
[10:27] {nemo} that's why he was Captain
[10:27] {BillyD} lol
[10:27] {jfjf64} .60 short xco
[10:27] {jfjf64} didnt play it
[10:28] {jfjf64} you wd of had to be fast for that
[10:29] {nemo} in wfc
[10:29] {jfjf64} in
[10:31] {nemo} markets ying
[10:31] {nemo} dying
[10:32] {dino} snda
[10:32] {jfjf64} gv this wfc sm vodka vadd she fightin
[10:33] {jfjf64} fas killin us
[10:33] {nemo} markets killin us
[10:36] {fernp} WFC is stronger tham FAS
[10:36] {nemo} "the mini magnet is stronger than the maxi magnet"
[10:36] {dino} watching snda, schn, pnra, met, qcom
[10:39] {Threei} I start thinking WFC could be more than scalp
[10:39] {BillyD} yes, if mkt turns for us
[10:39] {Threei} sure
[10:40] {nemo} why?
[10:40] {jfjf64} i was wonderin
[10:40] {Threei} starting dfrom 10:15 roughtly, market made a few new lows
[10:40] {nemo} but wfc held it's range
[10:40] {Threei} WFC held the range, not trying to break it down anymore
[10:41] {Threei} and broke it up with slightest market bounce
[10:42] {Threei} SPPI slowly creeping up
[10:43] {jfjf64} comon break this .70 wfc
[10:45] {nemo} now it's moving with market
[10:51] {Threei} now there is no pattern whatsoever
[10:51] {nemo} black boxes grrrrrrr
[10:51] {BillyD} changing before our very eyes
[10:51] {Threei} what black boxes...
[10:52] {nemo} quant traders
[10:52] {Threei} lol
[10:52] {nemo} conspiracy of the day
[10:52] {Threei} Hypotesis non sint multiplicanda
[10:52] {nemo} nemo me impune lo quesit
[10:53] {nemo} think this thing is going down
[10:53] {Threei} scratch it
[10:54] {Threei} it's within spitting distance from entry
[10:54] {BillyD} u saying bail on it
[10:54] {magoo} wfc?
[10:54] {Threei} if uncomfortable
[10:54] {nemo} scratch=bale
[10:55] {fernp} the reason I entered the trade no longer exists. I am out
[10:55] {Threei} I am fine with 10 cents sto[
[10:55] {nemo} sto=norwegian oil company
[10:55] {Threei} if want to minimize it and don't see the reason to stay out anymore, why not
[10:55] {nemo} don't know what "sto]" is?
[10:55] {Threei} sto[ is a test word to reveal smart a$$
[10:56] {nemo} did it work?
[10:56] {dino} stoli vodka
[10:56] {Threei} what do you think? {G}
[10:56] {nemo} magoo here?
[10:56] {dino} ipcm l .20
[10:58] {magoo} magoo reporting for duty......
[10:59] {dino} bounce coming, imo
[11:00] {dino} snda sm l .75
[11:03] {BillyD} partialed out some WFC here
[11:04] {Threei} AGEN...
[11:04] {BillyD} SPPI .50
[11:07] {dino} guess not
[11:12] {BillyD} oh well
[11:13] {dino} rdea
[11:13] {BillyD} WFC enough to rinse
[11:24] {Threei} come on market... don't fall asleep just yet
[11:24] {jfjf64} xco
[11:27] {nemo} frickin wfc
[11:27] {BillyD} lol
[11:28] {Threei} AGEN... by no means an easy one to trade... but buying is stubborn
[11:29] {Threei} Update: EPA gives approval for California to move ahead with more stringent regulations on greenhouse gas emmission from autos (related F GMGMQ TM )
[11:30] {Threei} this is very smart and timely idea
[11:33] {nemo} rimm very strong today
[11:36] {dino} snda to .25
[11:37] {dino} stopped +.50
[11:37] {BillyD} gj
[11:38] {dino} ty, had more but sudden drop
[11:38] {magoo} out wfc -.03
[11:39] {magoo} blows'
[11:41] {level777} nvax news
[11:41] {level777} from about 2.57
[11:43] {magoo} whenever i get frustrated..cut a trade..openly critisize it..IT WORX lol
[11:44] {Threei} I saw NVASX news... didn't belueve in it at all
[11:44] {magoo} nvax is usually a serial disappointer
[11:44] {level777} nothing to do with believing..has to do with investor hype
[11:44] {Threei} let me elaborate
[11:44] {level777} :)
[11:45] {Threei} didn't believe any hype could move it
[11:45] {level777} i sold @ 2.69
[11:45] {level777} thats my comviction
[11:45] {level777} none of these bio news stocks holds gains unless $$ attached to it
[11:46] {Threei} and even then... {G}
[11:46] {level777} well, i guess they get a P/E then..thats worse news for a bio stock
[11:47] {BillyD} I just want them to hold gains for scalp ordaytrade
[11:47] {BillyD} and...NVAX struggles with even that
[11:47] {BillyD} in my experience...as magoo says: serial disappointer
[11:47] {level777} went up 20%
[11:48] {level777} maybe 15
[11:48] {nemo} Billy D....Magoo's not that bad
[11:48] {BillyD} right, but it seems to pullback past stop, etc
[11:48] {BillyD} in the past, haven't watched today
[11:49] {level777} you'd think after years of watching this scenario repeat over & over, some people would learn
[11:51] {nemo} wfc wedging towards .70 (frickin' pos)
[11:51] {BillyD} I've learned it doesn't normally work for my style
[11:52] {BillyD} glad you made $ on it
[11:52] {level777} good observation
[11:52] {level777} sticking with what works for you
[11:53] {Threei} Preview: St. Louis Fed President Bullard scheduled to speak on Fed Exit Strategies at Noon ET
[11:53] {Threei} - audience and media Q&A's are expected to follow the speech.
[11:53] {Threei} - Bullard is not a voting member of the FOMC.
[11:54] {Threei} NVAX is out of character today
[11:54] {BillyD} straight up
[11:54] {nemo} off its meds :)
[11:54] {level777} wish i knew that b4 i sold
[11:59] {dino} sm l wynn .80
[12:00] {Threei} Fed's Bullard: SHort term goal to avoid short term inflation trap in 2009; some programs may wind down naturally
[12:01] {Threei} I think NVAX is done except for scalps on bounces
[12:01] {BillyD} short?
[12:02] {Threei} closer to .10
[12:02] {Threei} if pauses and can't break
[12:02] {Threei} new high is a stop
[12:03] {Threei} didn't pause... no entry yet
[12:04] {Threei} .07 worth a try short if stays under .14
[12:05] {nemo} volume stronger today than yesterday
[12:10] {Threei} volume dries up on this NVAX bounce... if we don't get 3.10 break and it loses 3, look out below
[12:11] {BillyD} still .14 stop right
[12:11] {Threei} if it makes a new high, this is some new NVAX...
[12:11] {Threei} one I am not familiar with
[12:11] {Threei} yes
[12:11] {Threei} held by fingertips
[12:12] {Threei} out
[12:12] {BillyD} oh well
[12:13] {Threei} looks determined
[12:13] {dino} sm l snda .75
[12:14] {ese} L fitb.01
[12:16] {level777} nvax strong as a bull
[12:16] {Threei} no kidding
[12:16] {nemo} strong like bull
[12:16] {level777} is strong as mongo
[12:16] {nemo} where'd that come from anyway/
[12:16] {nemo} Alex Karras
[12:17] {nemo} "somebody better go back and get a s$*&load of dimes"
[12:17] {dino} feet don't fail me now
[12:18] {level777} geez
[12:31] {jfjf64} nvav l .32
[12:31] {nemo} you mean nvax?
[12:31] {jfjf64} y
[12:37] {Threei} APPY Hearing Lazard making positive comments (2.74, 0.21, 8.30%)
[12:37] {Threei} wow
[12:37] {Threei} not every day big name makes comments about $2 stock
[12:37] {Threei} daily looks brewaky too
[12:37] {Threei} .75 break is a swing trade trigger
[12:38] {Threei} for daytraders stop under .65
[12:38] {Threei} for swing trade under .40
[12:38] {Threei} first target somewhere above 3
[12:39] {Threei} cites filing of 510K notification for marketing approval of its AppyScore Test this morning
[12:45] {level777} nvax o my
[12:46] {Threei} US Treasury's Barr: Obama plan will preserve strong role for State enforcement
[12:46] {Threei} lol... who would have any doubt
[12:47] {jfjf64} took .38 nvax +6 little cents
[12:47] {Threei} Long Setup: PALM .40 break
[12:47] {Threei} stop under .35 for stinkin' scalpers, under .30 for sane traders
[12:49] {BillyD} you guys in PALM already...i stepped away
[12:49] {Threei} no
[12:49] {jfjf64} n
[12:49] {Threei} mow
[12:49] {BillyD} ty
[12:49] {Threei} now
[12:49] {jfjf64} y
[12:49] {magoo} mnow
06[12:50] * Threei slaps magoo around a bit with a large manual "learn to Type with Your Knees"
[12:51] {Threei} AGEN... something about it...
[12:51] {magoo} ;0
[12:51] {magoo} OOP
[12:51] {magoo} :)
[12:51] {magoo} [12:51] {magoo} ;0
[12:51] {magoo} ROFLOL..cant even do trhaty
[12:51] {magoo} trhaty
[12:51] {magoo} jesus
[12:52] {Threei} trhaty is a small fury animal from Alpha Centauri?
[12:52] {fernp} lol
[12:53] {Threei} stinkin' scalpers got their stinkin' 1:1
[12:53] {jfjf64} 1/1 palm for this scalper
[12:53] {nemo} No I didn't I went and grabbed a sandwich
[12:54] {jfjf64} ty
[12:54] {Threei} :)
[12:54] {Threei} from some fast food outfit nemo?
[12:55] {nemo} refrigerator
[12:55] {Threei} too bad
[12:55] {Threei} I wanted to give a rant about how harmful fast food is
[12:55] {nemo} mortadella, olives, tomatoes, gherkins on frenchbread, w/brown mustard and shot of vodka
[12:55] {BillyD} lol
[12:56] {Threei} vodka as a unalienable elewment of sandwich?
[12:56] {Threei} what a concept
[12:56] {jfjf64} hey thats sounds good nemo
[12:56] {nemo} wash down
[12:56] {Threei} dp wpuld be proud of you
[12:56] {Threei} and ese would help you wash that down with black coffee in hypodermic needle
[12:57] {Threei} sheesh, what a coloful group we have
[12:58] {ese} definately
[12:58] {nemo} colorful group that can't spel or tipe
[12:59] {Threei} eeksquze me?
[12:59] {Threei} I ken spel
[12:59] {nemo} whadya
[12:59] {nemo} do
[12:59] {Threei} I ken spel gud
[13:00] {nemo} Raven must think we're whacked
[13:00] {Threei} nope
[13:00] {ese} up finish to the day do you think?
[13:00] {Threei} I mean no more than usual
[13:00] {nemo} know we're whacked?
[13:00] {Threei} Raven gave up on sanity in this room long ago
[13:00] {nemo} define up ese?
[13:00] {Threei} in fact, when we behaved like normal people once for three days in a row, Raven dcced me to ask whether everything was OK
[13:01] {dino} out ipcm .32, +.12
[13:01] {nemo} outta' palm yet? :)
[13:01] {nemo} RiMM led it down
[13:02] {ese} ummmmmmm.......indexes in the green
[13:02] {Raven} {____}
[13:03] {nemo} indexes green? huh? I have qs down .25 spy down 1.11 and djx down 110
[13:03] {nemo} what did Raven say?
[13:03] {nemo} maybe he's being equivocal
[13:03] {Threei} I don't know, I hid under the nearest rock
[13:03] {Raven} {----- observing
[13:03] {Threei} sheesh nemo, you are insufferable
[13:04] {Threei} you ask ese to define "up"
[13:04] {Threei} he says "indices green"
[13:04] {nemo} good point
[13:04] {Threei} and you say "no they are red"?? :)
[13:04] {nemo} I thought he meant the indices were green
[13:04] {nemo} musician/flashback
[13:04] {ese} nada!
[13:05] {ese} nemo getting picky again?.........ah well.....thats what we like about the guy
[13:06] {nemo} picky....? me? perish the thought
[13:06] {nemo} insufferably obnoxious,,,,yeah, I'll buy that
06[13:06] * nemo crawls into cave, closes door, pulls blanket over head
[13:07] {Threei} ese...
[13:07] {Threei} I am sorry, I have to ask
[13:07] {Threei} there is something we like about nemo???
[13:07] {ese} yes
[13:08] {Threei} okay... if ou say so :)
[13:08] {ese} well.........i think there is......
[13:08] {Threei} oh wait, nemo is here
[13:08] {ese} isn't there?
[13:08] {Threei} yes, there is
[13:08] {Threei} a lot
06[13:08] * nemo takes pressure off Magoo
[13:08] {Threei} in fact we like everything about him
[13:08] {Threei} that's magoo we don't like anything about
[13:08] {Threei} wait, he is here too
[13:09] {Threei} ok... dp is not... finally
[13:10] {magoo} um..ecscuse me..i can hear u
[13:10] {Threei} yeah, I figured
[13:10] {ese} ese defers all opinions to vad..........saves hide in process
[13:11] {dino} deck sm l .25
[13:16] {Threei} US Hospitals have reportedly reached an agreement with the Govt on cuts with healthcare reform; cuts could include medicare cuts and tax exempt status (related IYH THC HCA UHS )
[13:18] {ese} ok....now that a good one vad......."When going gets tough, tough shrugs and goes to vacation"........
[13:19] {ese} or "goes golfing"
[13:19] {Threei} golfing is a bit too narrow...
[13:19] {nemo} NVAX, dare a short?
[13:20] {Threei} technically speaking it's a right thing to do
[13:20] {nemo} Mmmmhhhh...salient caveat there
[13:20] {Threei} it formed something remotely resembling H&S
[13:21] {nemo} a "Quasimodo"
[13:22] {nemo} no "Graifer Good Trading" Seal of Approval?
[13:23] {Threei} sheesh
[13:23] {Threei} where do you get these things, lol
[13:23] {Threei} it's a valid trade
[13:23] {ese} Have to admit though....everyone who hangs on this board.....DOES NOT!!!! have that inate ability to drown in a parking lot puddle......
[13:23] {dino} lol
[13:23] {nemo} You referring to King Ludwig II?
[13:24] {dino} speaking of rain, been raining here for about 6 weeks straight
[13:24] {nemo} yeah...here too
[13:24] {dino} sucks
[13:24] {ese} ya ...it's a wonder the US OPEN golf tournament was completed
[13:25] {nemo} in Georgia? that's a long way from the NE
[13:25] {ese} things have to be nice and clean in your neck of the woods though
[13:25] {dino} muddy
[13:25] {Threei} JPM Reportedly raising minimum payments on credit cards to 5%; effective August (33.95, -0.65, -1.88%)
[13:25] {nemo} they're all doing that
[13:26] {nemo} PALM Vad?
[13:27] {ese} oh my god! How will i ever pay off the $200000.00 i've racked up to be on vads board
[13:27] {nemo} there goes NVAX
[13:27] {nemo} you don't ese, you do like everybody else and tell them to go ++++ themselves
[13:27] {ese} declare bankruptcy
[13:28] {nemo} no, just tell them you can't afford it anymore, offer them .10 on the $ and go bye bye
[13:28] {ese} too funny
[13:29] {nemo} That's what's happening....first line CSR's can make those decisions now
[13:29] {Threei} nemo?
[13:29] {nemo} Vad?
[13:29] {Threei} what about PALM?
[13:29] {nemo} looked like it was building a nice wedge, now looks like it might be forming a box range
[13:29] {Threei} market weakens
[13:34] {nemo} so much for PALM
[13:34] {nemo} although holing above .25
[13:36] {nemo} dbi on nvax?
[13:37] {Threei} it was a short near .40, right shoulder of that H&S
[13:37] {Threei} who would you want to chase it that far down?
[13:37] {Threei} who = why
[13:37] {nemo} I asked
[13:38] {Threei} White House Press Sec: President cannot rule out a tax increase for healthcare (related IYH PPH BBH )
[13:38] {Threei} but of course
[13:38] {nemo} tax increase for healthcare, CO2, and....
[13:39] {Threei} and all "right things to do"
[13:39] {nemo} Aye Comrade, Brother, Friend
[13:47] {ese} comb-raid
[13:47] {ese} ?
[13:49] {Threei} everyone speaks in tongues
[13:49] {ese} fork tongue
[13:50] {Threei} survey shows that just 19% believe the climate change bill passed by the House on Friday will help the economy. Fifteen percent (15%) say it will have no impact, and 24% are not sure, while 42% say it will hurt the U.S. economy.
[13:51] {ese} and 100% are definetly undecided?
[13:53] {Threei} APPY is still there
[13:53] {vinod} good afternoon.
[13:53] {Threei} actually if it triggers at the end of day I will be only happy
[13:53] {Threei} vinod :)
[13:53] {ese} proving once again that a foregone conclusion....needs to be worked out
[13:53] {dino} wynn stopped -.40
[13:53] {ese} vinod BABBBBYYYYYYYYY!!!!!!!!
[13:53] {Threei} also,
[13:53] {Threei} AGEN
[13:54] {vinod} how many win today?
[13:54] {Threei} if it breaks 2 and stasy above it at the end of the day, I will be looking to take it overnight
[13:54] {vinod} ty ese
[13:55] {ese} your welcome
[14:00] {nemo} lookin' at WFC again
[14:00] {nemo} as it drops :)
[14:01] {Threei} one thing is missing today so far
[14:01] {nemo} President on TV
[14:01] {nemo} what do I get?
[14:01] {Threei} prise to be determined yet
[14:01] {Threei} Fed's Bullard: Exit strategy right now is 'unclear'; economic data shows signs of improving - comments to reporters
[14:01] {nemo} duh...
[14:01] {Threei} unclear eh?
[14:02] {Threei} Will review asset purchase program after evaluating economic data over summer months
[14:03] {Threei} Fed purchases par value $1.2B in agency securities; $2B submitted (related FNM FRE )
[14:05] {vinod} nemo-if I am not watching market than no president on TV that is the rule
[14:06] {Threei} but you are here now... nd he is not on still
[14:06] {nemo} Oh, reminds me of one of those unwritten/unspoken "relationship" rules I was always unknowingly guilty of breaking
[14:06] {vinod} I forgot inform him?
[14:07] {Threei} please do, you ruin his schedule
[14:07] {Threei} and we feel a hole in our day
[14:08] {vinod} I am sure he will be on TV tomorrow
[14:09] {Threei} almost 2 hours of trading day still
[14:09] {vinod} so,we go in for AGEN for one night stand?
[14:10] {Threei} possibly, if finishes around here
[14:10] {Threei} and AAPY if breaks .75
[14:10] {vinod} ty
[14:11] {vinod} o.k
[14:11] {Threei} lemme repost
[14:11] {Threei} [12:37] {Alert} Threei APPY Hearing Lazard making positive comments (2.74, 0.21, 8.30%)
[14:11] {Threei} [12:37] {Alert} Threei wow
[14:11] {Threei} [12:37] {Alert} Threei not every day big name makes comments about $2 stock
[14:11] {Threei} [12:37] {Alert} Threei daily looks brewaky too
[14:11] {Threei} [12:37] {Alert} Threei .75 break is a swing trade trigger
[14:12] {Threei} [12:38] {Alert} Threei for daytraders stop under .65
[14:12] {Threei} [12:38] {Alert} Threei for swing trade under .40
[14:12] {Threei} [12:38] {Alert} Threei first target somewhere above 3
[14:12] {dino} oyog
[14:15] {Threei} what's with this idiot on BATS in AGEN quotes?
[14:16] {Threei} GEOY Receives Govt contracts worth $25M (22.83, -0.03, -0.13%)
[14:18] {ese} zzzzzzzzz....garg smouuff...cough......head snap back.......ggggg ahem.....zzzzzzzzzzzzzzzzzzzz
[14:22] {Threei} hey!!!
[14:22] {Threei} vinod, you did it
[14:22] {nemo} tv
[14:22] {Threei} our day is complete now
[14:22] {Threei} no more gapping hole in our hearts and minds
[14:23] {vinod} In agen 2.00. no more hole now lets make some money
[14:31] {Threei} AMZN Ends Business With Hawaii Affiliates (83.00, -0.03, -0.04%)
[14:32] {Threei} if this continues, what amazin will do when it runs out of states to cut?
[14:32] {nemo} It's like cutting your sales force when all your accounts are established...shouldn't make much difference
[14:34] {Threei} well, is amazon willing to kill afifliates program altogether?
[14:35] {nemo} probably...it's a commission...they'll just scenario the cost of tax compliance for various jurisdictions + the commissions they would have to pay out, against the sales they might lose
[14:35] {Threei} there... you are making money vinod
[14:35] {level777} nvax not giving up
[14:36] {Threei} I underatad their reasoning... I just can't understand how states don't see that they make things worse for everyone
[14:37] {nemo} politicians are neither business persons, nor do they understand microeconomics
[14:37] {nemo} you've listened to the morons on the House Banking Committee
[14:37] {Threei} seemsa to be just common sense
[14:37] {vinod} Vad. Yes since I joined here. but my gols is very small and i use vey small size and fewer trade
[14:38] {Threei} good to hear
[14:38] {Threei} they add up
[14:38] {Threei} couple millions here, couple millions there... ptretty soon we are talking real money
[14:38] {vinod} I just wants to make 300 to 500/wk
[14:40] {BillyD} Vad, u already enter AGEN
[14:40] {vinod} I got 2k AGEN
[14:40] {Threei} I have couple thou from .96
[14:41] {vinod} I got to go home. see you tomorrow
[14:41] {BillyD} thx
[14:41] {BillyD} cya vinod
[14:41] {Threei} not sure what to do with them... dump for a scalp and wait, add more and wait, or just wait
[14:41] {Threei} I did this scalp earlier couple times
[14:42] {Threei} but as we near end of day, it feels like I may not get another chance
[14:44] {dino} l8r vin
[14:46] {BillyD} PALM goes
[14:47] {Threei} 52 week high
[14:48] {nemo} mags
06[14:56] * magoo slaps laserdave around a bit with a large trout
[14:56] {nemo} took you long enuf
[14:56] {Threei} lol
[14:57] {magoo} i was dreaming that nemo wanted me to do something.woke up...pow
[14:58] {Threei} this is so disturbing
[14:58] {Threei} nemo appears in your dreams?
[14:58] {Threei} sigh
[14:59] {ese} indexes green maybe ????? hmmmmmm
[14:59] {jfjf64} ese ya drinkin
[14:59] {nemo} drugs
[15:00] {Threei} US Treasury Sec Geithner to testify July 10 to the US House with regards to OTC derivatives (related CALDR ICE ISE LSE.UK CME )
[15:00] {ese} ahhhh let me check......naw....just water with lemon
[15:00] {Threei} {lemon} oh yeah?? and who did soak me in vodka for an hour before squezing me into water??
[15:01] {jfjf64} im a water lemon type of guy also what bout ya vad
[15:01] {jfjf64} guess got answer lol
[15:01] {Threei} just water... and chewing coffee beans
[15:02] {ese} the way intel is moving here ....was thinkin it might be an outside shot
[15:02] {jfjf64} lk it at .44
[15:03] {jfjf64} did ya lk short or long ese
[15:05] {ese} long...i'm still long a crap load of intel from .30 last week
[15:05] {ese} it's bouncing off .30 anyway
[15:06] {jfjf64} lkin wfc bounce
[15:06] {ese} dino warned me not to swing trade it but i'm giving it a shot....will be out by thurs fri for sure
[15:08] {ese} i'd have done better scalping it.......but i don't want to mix syles......whatever ya start with....ya need to finish with
[15:09] {dino} you'll be ok es
[15:09] {dino} you know what your doing
[15:09] {ese} other thing is....it keeps trying to break above 16.70....this is the fourth shot....one thing i do remember about my swing tradindays is.....if it does break through....it'll go like hell
[15:10] {dino} hammer theory
[15:10] {ese} indeed
[15:10] {ese} higher lows keep pushing it up against .70 to .75 area
[15:11] {jfjf64} what ya watchin
[15:11] {dino} hammer to ice, more whacks greater chance of breaking through
[15:12] {dino} still in deck, snda
[15:12] {dino} liking qcom
[15:13] {ese} INTC jf
[15:13] {ese} or was that question for dino
[15:14] {jfjf64} ya ese
[15:14] {dino} thought it was to all
[15:16] {dino} schn ranging between 52.60-53.60
[15:17] {nemo} c u 2morow
[15:17] {ese} cya nemo
[15:18] {dino} cya nemo
[15:18] {fernp} bye nemo
[15:18] {Threei} take care nemo
[15:19] {Threei} APPY doesn't want to set up
[15:19] {ese} you still thinkin agen overnight vad?
[15:20] {ese} was is it AGEN?
[15:21] {Threei} yeah
[15:21] {Threei} only if finishes around 2
[15:22] {Threei} White House economic advisor Goolsbee: housing boom will not return - CNBC interview from the Aspen Ideas Conf
[15:22] {dino} never say never
[15:23] {jfjf64} .48 long intel
[15:23] {ese} old saying......they aren't making anymore land
[15:24] {jfjf64} .40 stop
[15:24] {BillyD} real estate just gonna take time
[15:25] {jfjf64} common on buyers sale here
[15:25] {ese} yup
[15:25] {ese} or it may switch focus.........condos downtown in most major cities
[15:26] {jfjf64} print a .52 we gone
[15:26] {ese} people are really getting tired of the comute thing
[15:26] {cosmo} tent parks will be hot
[15:26] {BillyD} it's all supply/demand right now ese
[15:26] {cosmo} esp for retirees
[15:27] {dino} it will come back
[15:27] {dino} population continues to grow
[15:27] {jfjf64} gimme a .52
[15:27] {dino} everything goes in cycles, real estate, stocks, bonds, weather, etc. imo
[15:28] {BillyD} true dino, this cycle gonna be a little longer imo
[15:28] {Threei} except stupidity... that one seems costant
[15:28] {dino} most likely
[15:30] {jfjf64} .53 comon dino
[15:31] {jfjf64} that nice
[15:31] {jfjf64} lotta green
[15:34] {ese} indexes takin a shot at being green
[15:38] {jfjf64} 1/1 intc
[15:39] {jfjf64} stop to.53
[15:39] {dino} gj
[15:40] {Threei} CFTC rep Chilton: Trying to find signs of 'excessive' speculation in commodity markets; paying close attention to oil due to recent increase in prices
[15:40] {Threei} - Comments that 'something is going on', and that the CFTC's job is to ensure nothing happening is illegal
[15:40] {Threei} this is so pathetic
[15:40] {dino} out snda .15, +.40
[15:41] {BillyD} Vad, that statement is for the guy who reads the newspaper
[15:41] {dino} bunch of whiners in charge of everything
[15:41] {dino} bunch of whiners in charge of everything
[15:42] {fernp} have to go. see u all tomorrow. good evening
[15:42] {Threei} take care fern
[15:42] {dino} cya fern
[15:42] {Threei} where is America I knew and admired
[15:43] {Threei} this is frikin jellyfish
[15:44] {dino} died w/election
[15:44] {dino} needed to split house/senate/pres.
[15:45] {BillyD} Vad, u thinking AGEn for gap?
[15:46] {Threei} really want it to cross 2
[15:46] {BillyD} more selling than you want
[15:47] {Threei} not really, it has a lot of both at each levele as all thick stocks do
[15:47] {Threei} just want it to finish over this resistance
[15:47] {Threei} see it on daily
[15:47] {BillyD} yes
[15:48] {dino} deck out .65, +.40
[15:48] {dino} calling it a day, pos. but light. toughie imo
[15:49] {Threei} you can't leave dino
[15:49] {Threei} we have 11 more minutes of suffering
[15:49] {Threei} suffer with us
[15:49] {ese} nice dino....great way to finish the day
[15:51] {Threei} L7
[15:51] {Threei} TSRT shows signs of life again
[15:51] {Threei} TSTR
[15:51] {dino} ty es
[15:51] {dino} later all
[15:51] {Threei} awww... come on dino
[15:51] {Threei} 9 minutes
[15:51] {ese} end of the day sell program hits intc
[15:52] {Threei} NDAQ CEO notes there are about 100 companies that have filed plans to go public on the Nasdaq - CNBC interview (114.90, -3.46, -2.92%)
[15:53] {level777} u guys in anything?
[15:54] {Threei} contemplating AGEN
[15:56] {ese} intc at .30 L7
[15:56] {ese} and fitb .00
[15:57] {Threei} AGEN says good to go
[15:58] {Threei} APPY, will observe tomorrow
[15:58] {level777} u in agen?
[15:59] {Threei} yes
[16:00] {Threei} okay guys, thank you all
[16:00] {Threei} wow
[16:00] {Threei} what happened?
[16:00] {Threei} AGEN sharp spike
[16:00] {Threei} new high right on the close
[16:00] {Threei} nice volume too
[16:01] {Threei} okay, I'll take it
[16:01] {Threei} have a good evening
[16:01] {Threei} see you tomorrow
[16:01] {BillyD} cya Vad
[16:01] {Alw} ty
[16:01] {ese} take care all
[16:01] {level777} maybe plays tonight
[16:01] {magoo} yup..ty all

Monday, June 29, 2009

Jun 29 2009

Narrow, slow and boring. The only bright ray of the day was SLM trade which we early identified as good for more than scalp, and utilized for over 30 cents move. Other than that, couple scalps, couple stops and a nice nap.

Session Time: Mon Jun 29 00:00:00 2009

[08:09] {Threei} CSIQ Announces 120MW of Recent Sales Orders
[08:09] {Threei} - Has received a purchase order from Systaic AG (SYSCF) for 30 MW of solar modules to be delivered t... (12.41, 0.00, 0.00%) more...
[08:15] {Threei} DCGN Discovers a Gene Linked to Risk of Kidney Stones and Osteoporosis (0.45, 0.00, 0.00%)
[08:18] {KSystems} morning
[08:18] {Threei} KS :)
[08:18] {nemo} haroo...I miss anything?
[08:18] {Threei} nope
[08:28] {Threei} I am yet to understand how this fluffy news move DCGN
[08:30] {Threei} CYTR Reports Favorable Progress Update for Its Pivotal Phase 2 Clinical Trial with Tamibarotene as a Third-line Treatment for Acute Promyelocytic Leukemia (0.90, 0.00, 0.00%)
[08:31] {Threei} some poor soul hit 1.85
[08:31] {level777} +100% on 2k
[08:33] {Threei} said Steven A. Kriegsman, CytRx President and CEO. We are aggressively working to achieve our goal of completing this trial by the end of the current year, which may include acceleration of the trial through a negotiation with the FDA regarding the total number of patients ultimately enrolled, and filing an NDA submission with the FDA in 2011.
[08:33] {Threei} lol
[08:35] {ese} good morning
[08:35] {Threei} ese :)
[08:35] {ese} how was your weekend Vad.....did you take in any of the jazz festival?
[08:36] {Threei} no, didn't get around to that
[08:38] {ese} i caught about 5 shows....3 free ones sat and sun in centenial square then David Sanborn sat night at the royal and King Sunny Ade from Nigeria in Centenial Square in the evening
[08:38] {Threei} cool :)
[08:39] {ese} King Sunny Ade was terrific...5 percussionists...3 of them with differnt size Talking Drums....very Rhythmic
[08:39] {fernp} good morning everybody
[08:40] {Threei} fern :)
[08:40] {ese} fern
[08:52] {BillyD} good morning
[08:52] {nemo} gm
[08:52] {Threei} Billy :)
[08:53] {ese} billy d
[08:54] {ese} say.....wait a minute......didn't you star beside Dina Ross in Mahogany....life of a model superstar?
[08:54] {BillyD} lol...that was me...hehe
[08:55] {nemo} how's your jeri-curl
[08:55] {level777} SVA interesting, decent news
[08:56] {ese} what is a panflu though L7?
[08:57] {ese} ok ok ok......pandemic drug
[08:57] {ese} got it
[08:57] {Threei} Sinovac Biotech Receives Revised Approvals for Panflu
[08:57] {Threei} - Received a revised Drug Supplementary Application Approval for Panflu, Sinovac''s pandemic influenza vaccine from the China State Food and Drug Administration (SFDA), based on the Phase IIb clinical trial,
[08:57] {Threei} - Under the revised approval, the age group eligible for use of the whole viron inactivated pandemic influenza vaccine was expanded to 18 years old and over, whereas it was previously 18 to 60 years of age, enabling Sinovac to reach a much broader percentage of the population.
[09:00] {Threei} MDT FDA Grants LUCAS 2 Chest Compression System 510(k) Clearance in the United States (34.97, 0.00, 0.00%)
[09:01] {BillyD} anything stick out so far Vad
[09:01] {Threei} SVA... CSIQ... ummm, DCGN (shrug)
[09:03] {ese} speaking of chest compression........a radio announcer friend of mine here in Victoria has a pace maker.....he was doing announcements sat at the jazz festival here and when he stood beside the power amps for the sound system all the electricity re-calibrated his pacemaker and sent his heart thumping
[09:04] {BillyD} wow
[09:04] {magoo} morning
[09:05] {nemo} were there wireless setups ese?
[09:05] {Threei} magoo :)
[09:05] {ese} no ....not that i could see
[09:07] {level777} in SVa .30
[09:09] {nemo} where's your stop L7?
[09:12] {dino} gm all
[09:12] {ese} dino
[09:13] {Threei} dino :)
[09:13] {ese} kenny Perry at the Travellers yesterday dino......having the best year of his life on the [ga tours
[09:13] {ese} pga
[09:14] {nemo} that's a good one
[09:14] {dptl} good morning all
[09:14] {Threei} dp :)
[09:14] {ese} dp
[09:15] {dino} cool es
[09:18] {jfjf64} mornin
[09:18] {ese} jf
[09:19] {Threei} jf :)
[09:21] {Threei} Madoff sentencing today
[09:21] {Threei} market is holding its breath I suppose
[09:24] {ese} stripped of everything....couldn't happen to a nicer guy!!!!!
[09:27] {Threei} DRYS is trying to move
[09:27] {nemo} apol reports today Dino
[09:28] {vinod} GM to all
[09:28] {Threei} vinod :)
[09:29] {ese} just watching that vad
[09:31] {Threei} GNBT Sees Favorable Results From MetControl Chewing Gum Bio-equivalency Study Leading to Global Product Submissions (0.62, 0.02, 3.33%)
[09:31] {level777} gnbt
[09:31] {Threei} for you L7
[09:31] {level777} TX
[09:32] {jfjf64} ung .51 entry here
[09:33] {ese} L Q's .50
[09:33] {Threei} IMAX... hits 52 week highs for some reason
[09:33] {wulff} morning...
[09:33] {Threei} wulff :)
[09:37] {Threei} WFC
[09:37] {Threei} .78 long if holding .70
[09:38] {magoo} in
[09:38] {nemo} in
[09:38] {jfjf64} in
[09:39] {nemo} out
[09:39] {Threei} no go
[09:42] {magoo} sheesh BAC
[09:43] {Threei} Long Setup: SLM .90 break
[09:43] {dino} ipcm
[09:43] {Threei} if holding above .80
[09:44] {magoo} in
[09:44] {Threei} not a scalp for me
[09:45] {ese} out q's .40 -.10
[09:45] {nemo} in .92
[09:46] {level777} 3i, u holding SLM for the day?
[09:46] {Threei} I don't think in terms of time... rather in terms of price
[09:46] {nemo} weird price action slm
[09:47] {Threei} offering half into jump over 10
[09:47] {Threei} 10.05
[09:47] {Threei} 1:1
[09:47] {fernp} out TY
[09:47] {Threei} :)
[09:47] {Threei} half out
[09:47] {Threei} offering 1/4 1.12
[09:48] {Threei} stop just under b/e
[09:49] {Threei} 1/4 more outmarket is disgustingly weak
[09:50] {Threei} ok, last 1.4 stop 9.95
[09:50] {Threei} no lose territory
[09:50] {Threei} offering .25
[09:51] {magoo} .24 lol
[09:53] {Threei} going to be stingy and trail stop to .99
[09:54] {Threei} and if I get shaken out by couple cents, let it be a lesson to all greedy souls out there
[09:54] {jfjf64} .26 l hpq
[09:56] {Threei} move little SLM, move
[09:56] {Threei} say what?
[09:57] {ese} are you in jf
[09:57] {jfjf64} not yet
[09:57] {jfjf64} little market help
[09:57] {Threei} never broke .25 still
[09:58] {Threei} there
[09:58] {ese} l hpq .27
[09:58] {Threei} yessss
[09:58] {Threei} out last part SLM .25
[09:58] {magoo} out .27 in full TY
[09:58] {Threei} +.33
[09:58] {jfjf64} nice
[09:58] {Threei} told ya was good for more than scalp
[09:58] {Threei} nice setup HPQ
[10:00] {Threei} don't sdo it to us SLM
[10:00] {magoo} i know
[10:00] {magoo} watching it
[10:00] {magoo} gonna go .80 area
[10:00] {Threei} if you go to 11 magoo will strangle me
[10:01] {magoo} looking for piano wire as u type :)
[10:01] {Threei} great... garotta trading
[10:01] {dino} sm l pnra .75
[10:02] {ese} hpq stop to .20
[10:02] {Threei} where is that guy who called SLM exit too soon? - he sleeps with fishes...
[10:02] {magoo} might be worth a reentry somewhere
[10:03] {Threei} next spike should taake HPQ into 1:1
[10:03] {ese} out hpq .35 +.08
[10:03] {ese} tks jf
[10:07] {Threei} if anyone held SLM longer good for you, but you are on your own... I held it way longer than I usually would with market dropping through all the supports with such ease
[10:07] {ese} gettin close to FITB entrys.....
[10:07] {vinod} 0ut SLM .40 thanks
[10:08] {Threei} GNBT Sees Favorable Results From MetControl Chewing Gum Bio-equivalency Study Leading to Global Product Submissions (0.62, 0.02, 3.33%)
[10:08] {Threei} welcome vinod
[10:10] {vinod} see you after 13.30 thanks for SLM
[10:10] {Threei} we will be here
[10:10] {Threei} SLM... graviity probably exists
[10:11] {dino} risky, sm l uthr .84
[10:12] {jfjf64} got knocked off server
[10:13] {Threei} FITB... you were right ese
[10:14] {dino} sorry jf, tripped on plug
[10:14] {jfjf64} lol
[10:14] {Threei} lol
[10:14] {nemo} tripped? right...
[10:15] {dino} y
[10:15] {jfjf64} vad gotta pay his server bill
[10:15] {Threei} dino is tippy today... first he tripped on market plug, and you can see wha happened... then he disconnected jf...
[10:16] {Threei} ekskuze me jf... it's not me who got disconnectted, right?? :)
[10:16] {jfjf64} i guess ya right
[10:16] {jfjf64} lol
[10:16] {Threei} :)
[10:16] {dino} too many chicken wings
[10:17] {jfjf64} vadd tk look ung any read there
[10:19] {ese} L fitb .94
[10:19] {dino} uthr to .44
[10:20] {Threei} not really jf
[10:20] {level777} tasr news?
[10:20] {Threei} TASR Hearing recent strength attributed to positive chatter involving sales licence for civil applications (4.68, -0.05, -1.06%)
[10:21] {Threei} right this minute
[10:21] {dino} out untr .47, +.63
[10:21] {jfjf64} nice dino
[10:22] {dino} ty
[10:23] {dino} ipcm double bottom in making perhaps
[10:23] {dino} kirk spikes 2nd day in row
[10:24] {magoo} tasr..a blast from past
[10:25] {level777} tasr . one of the all time traders
[10:26] {BillyD} Vad, LPSN low vol...any thoughts on break
[10:27] {BillyD} chart not the best
[10:27] {dino} ipcm sm l .98
[10:28] {Threei} can't twll Billy...
[10:29] {Threei} one pf those that can spike big or drop big in a blink of eye
[10:29] {Threei} and all thopse bids on Level 2 may disappear in a second
[10:30] {BillyD} lure of easy money.....hehe
[10:31] {jfjf64} .51 l ung
[10:32] {dino} cern
[10:36] {Threei} WFC was so tempting near .60 for double bottom
[10:37] {Threei} I resisted temptation
[10:37] {Threei} too bad, lol
[10:37] {jfjf64} hmmm
[10:38] {wulff} took .70
[10:38] {wulff} half left
[10:38] {Threei} on the way back up?
[10:38] {magoo} make the calls and keep the stops vad
[10:38] {wulff} yes
[10:38] {Threei} good one
[10:38] {wulff} uh huh
[10:39] {Threei} market was so soft at the time mags
[10:39] {Threei} that's what kept me from entry
[10:39] {wulff} based at 10:00 while the market fell
[10:39] {magoo} magoo faints
[10:46] {wulff} new high WFC
[10:47] {level777} gnbt at highs..
[10:48] {wulff} I'm high
[10:48] {magoo} RIMM vad
[10:49] {Threei} weak...
[10:49] {Threei} short if anything
[10:53] {magoo} i like it for bounce..way off i guess is my read
[10:53] {level777} SLM life
[10:54] {Threei} if market breaks out, RIMM is likely to bounce
[10:54] {Threei} otherwise, it's a short
[10:54] {jfjf64} watchin it 777
[10:56] {magoo} WFC ..always makes us regrett
[10:57] {wulff} yeah, new high
[10:58] {wulff} PALM double bottom
[11:02] {BillyD} FUQI has a little mojo
[11:02] {magoo} WFC may be good short if IF mkts pllbk
[11:02] {Threei} I still view RIMM as best candidate for that
[11:02] {magoo} ok
[11:03] {jfjf64} lkd that fuqi at .42 o well
[11:03] {magoo} no argument here
[11:03] {Threei} and PALM
[11:03] {Threei} .60 short
[11:04] {jfjf64} palm a call vad
[11:04] {Threei} (US) Pres Obama: Expect Climate Change Bill is expected to pass US Senate
[11:04] {dino} sm s kirk .69
[11:05] {Threei} unavailable
[11:05] {Threei} grrr
[11:05] {magoo} jesus...industry is crippled already..lets kick um
[11:06] {BillyD} amazing when no PALM shorts
[11:06] {Threei} and consumer on whome all that is going to be passed is insanely rich and willng to pay all the rising costs
[11:07] {Threei} RIMM
[11:07] {Threei} shoprt into this bounce
[11:07] {magoo} cant sh palm
[11:07] {Threei} stop .25 or so
[11:10] {BillyD} Vad, RIMM tgt is scalp or partial
[11:11] {Threei} I'll partial but it's fairly individual choice in this case
[11:11] {Threei} hard to judge
[11:11] {BillyD} ty
[11:11] {Threei} market consolidates near the high
[11:11] {Threei} and can stage another jump easily
[11:12] {jfjf64} .51 ung l will try 3rd time
[11:15] {magoo} may still be end qtr mark-up games vad
[11:17] {Threei} (US) Reportedly US Trade Panel has recommended additional duty on Chinese tire imports for period of 3 years
[11:17] {Threei} - Reminder: On June 18 -US trade panel (ITC) rules Chinese imports in tire market are hurting US industry; ITC votes 4-2
[11:17] {Threei} - ITC will recommend a level of tariffs or quotas that should be applied to Chinese imports
[11:17] {Threei} trade war
[11:18] {Threei} Recommends duty of 55% in year 1, 45% in year 2 and 35% in year 3 of duty
[11:21] {jfjf64} look hpq
[11:22] {wulff} WFC new...
[11:23] {Threei} Short Setup: MNTA .90 if stays under 12
[11:29] {jfjf64} wow hpq
[11:34] {BillyD} Vad, you get MNTA shares
[11:34] {Threei} yes
[11:34] {dino} zzzzzzzzzzzzzzzzzzzzzz
[11:34] {BillyD} where at
[11:34] {Threei} .92 mostly
[11:35] {BillyD} ok...
[11:35] {Threei} half covered .79
[11:37] {Threei} believe it or not, ARUN is back at it again
[11:38] {BillyD} everyday it seems
[11:38] {magoo} sh rimm .41
[11:41] {Threei} US Judge sentences Madoff to 150 years; maximum allowable.
[11:42] {nemo} I hope they put him in general population
[11:43] {Threei} FUQI... s'heesh
[11:44] {Threei} you don't want to hear me pronoucing that symbol
[11:44] {magoo} covered here .09..thats like, um, ewr, 40 cents
[11:44] {Threei} 1/4 more out MNTA
[11:44] {BillyD} nice magoo
[11:45] {BillyD} oh, and u 2 vad
[11:45] {magoo} prolly go loewre, but im scalpin
[11:45] {Threei} wow, nice drop RIMM
[11:46] {magoo} [11:39] {magoo} sh rimm .41
[11:51] {dino} pnra to .15
[11:53] {nemo} pnra to what?
[11:54] {nemo} nevermind, chart was back a few
[11:55] {Threei} VIX index reaches lowest level since before Lehman Brothers collapse
[11:55] {Threei} now trades a 25.65
[11:57] {Threei} MNTA stop to .81, and with any nw low will trail to .76
[12:02] {Threei} GE Obama administration has reportedly set new rules on efficiency for fluorescent and indandescent lights - unconfirmed report (
[12:04] {BillyD} KONG
[12:04] {Threei} yeah
[12:04] {Threei} another blast from the past
[12:05] {dino} ipcm stopped .74, -.24
[12:06] {Threei} OSTK Sales grew more than 3% (12.50, 0.39, 3.22%)
[12:07] {dino} pnra stopped .25, +.50
[12:07] {Threei} Billy Mays... what a week
[12:08] {Threei} extremely annoying voice, but sheesh
[12:08] {nemo} he was good though
[12:08] {Threei} out MNTA last portion
[12:08] {Threei} I guess
[12:17] {dino} esi sm l .97
[12:22] {nemo} rimm setting up for a short?
[12:22] {Threei} yes but under usual condition
[12:23] {nemo} expound please...
[12:23] {Threei} market...
[12:23] {ese} nah nah nah.....i'm watchin....still long intc avg .35 now
[12:23] {nemo} hey hey hey gooooood bye
[12:25] {ese} still long fitb as well at .94
[12:47] {Threei} yawn
[12:55] {dino} ditto
[13:05] {magoo} was out..we in anything
[13:05] {Threei} resounding no
[13:06] {magoo} besides recurring coma
[13:06] {nemo} wrong answer...coma
[13:06] {wulff} stop yawning, you are interupting my sleep
[13:06] {Threei} I am trying to diversify nemo
[13:06] {Threei} lol wulff
[13:10] {magoo} so im confused..we in comas or what
[13:11] {Threei} DOE to reportedly fast track solar energy on US land (related TAN FAN USO )
[13:11] {jfjf64} been gone while doesnt looked lk i missed anythin
[13:11] {Threei} how does USO spike on that?
[13:12] {Threei} F Exec: Auto sales could reach 10M unit pace in June (24.67, 1.10, 4.67%)
[13:12] {magoo} mkts open friday?
[13:12] {Threei} no
[13:12] {Threei} want to know who is coming on TV?
[13:13] {magoo} jerry springer
[13:13] {BillyD} yes, when is the LOST season premiere
[13:13] {jfjf64} slm
[13:14] {vinod} you guys are making lots of money?
[13:16] {jfjf64} .37 l slm
[13:16] {Threei} we are making a lot of snoring noise
[13:16] {BillyD} jf...where is your stop on SLM
[13:17] {jfjf64} tight 5 cents
[13:17] {vinod} it is summer time is the reason
[13:17] {jfjf64} no entry yet
[13:17] {BillyD} micro range....
[13:17] {Threei} plus short week, vinod
[13:18] {vinod} I made one trade SLM made $200 is ood enough for me
[13:18] {Threei} and to be fair, this situation would probably causde pause in market activity at any season
[13:18] {Threei} I mean, big rally,
[13:18] {Threei} running inti resistance,
[13:18] {Threei} very obvious "time for pullback",
[13:18] {Threei} market doing its best to go against the "very obvious"
[13:24] {wulff} Wife was carrying her iphone last night
[13:24] {wulff} and Obama start talking out of nowhere
[13:24] {wulff} some spam goverment sent.
[13:25] {wulff} STRANGE...freaked us out
[13:27] {Threei} you serious?
[13:29] {wulff} yes
[13:32] {ese} Hey everyone....have to leave you all until tomorow.....or maybe a little later on...cya
[13:32] {Threei} taje care ese
[13:32] {BillyD} bye ese
[13:32] {ese} cya guys
[13:33] {dptl} have a good evening all
[13:33] {dino} cya
[13:33] {Threei} what evening? it's 10:30 am
[13:33] {jfjf64} later
[13:33] {Threei} dp... stop drinking so early
[13:33] {Threei} or so late
[13:34] {dptl} lol
06[13:34] * Threei slaps dptl around a bit with a large wrist watch
[13:34] {dptl} :) see ya tomorrow all
[13:34] {nemo} rimm vad
[13:35] {Threei} sliding slowly with market...
[13:35] {Threei} no play really
[13:35] {nemo} looks like db
[13:35] {Threei} F interesting strength
[13:35] {jfjf64} trw
[13:36] {Threei} Exec: June auto sales have fallen by as little as 10%; less than 20%; Auto sales could reach 10M unit pace in June; market share higher y/y at approx 13.5%
[13:36] {Threei} - Note: the Ford sales analyst on 5/29 noted that the sale rate could approach 10M;
[13:37] {dino} last try ipcm l .03
[13:54] {Threei} AVNR is one of those irritating all day every day climbers
[14:03] {magoo} mkts gonna rot or reverse vad
[14:03] {Threei} for sure
[14:03] {magoo} ty
[14:03] {nemo} runnin' for office vad?
[14:03] {Threei} AMZN Reportedly cuts off affiliates in Rhode Island (21.06, 0.42, 2.03%)
[14:03] {Threei} huh?
[14:03] {Threei} what did Rhode island do to amazon?
[14:04] {nemo} sales tax issue
[14:04] {Threei} - Note: Earlier AMZN disclosed it had cut off affiliates in California and North Carolina due to sales tax bills on e-commerce
[14:04] {Threei} got it
[14:05] {Threei} what does amazon do if whole country goes that way?
[14:05] {nemo} They were giving commissions to affiliates on click through purchases
[14:05] {Threei} right
[14:06] {nemo} If the affiliate was in Rhode Island, and the end customer clicked through the affiliates website to Amazon, the affiliate got a piece of the action. Well, states have deemed amazon to be a distributor, and the affiliate to be the retail outlet, and they want their sales tax.
[14:07] {nemo} Amazon doesn't want to code their system to negotiate the fragmented sales tax regimes across the country
[14:08] {Threei} so, one thing I want to know abut Madoff case
[14:09] {Threei} he goes to jail, fine... what about SEC??
[14:09] {Threei} no one gets punished?
[14:10] {dino} correct. all these regulators and rules that were never enforced
[14:10] {magoo} i hear they are blaming martha stewart]
[14:11] {level777} How about when they fine co's millions for wrongdoing...% should go to investors that were the ictum of it...but..
[14:12] {level777} victim
[14:12] {dino} usually goes to govt and atty
[14:14] {jfjf64} trw l.37
[14:20] {vinod} Vad Abolish SEC; let investor know that everything goes here.
[14:22] {dino} ipcm stop to .23
[14:23] {dino} out ave .21, +.18
[14:33] {wulff} aapl seems ready to pop...maybe
[14:35] {dino} ghm l .42
[14:44] {magoo} hey vad..since its so slow..u offering a summer months room discount lol
[14:45] {Threei} yup... doubles mothly payment just by 50% instead of planned double
[14:45] {Threei} umm... let me try again
[14:45] {Threei} yup... increases monthly payment just by 50% instead of planned double
[14:46] {Threei} there...
[14:50] {vinod} buy one get one free likw WALMART
[14:50] {Threei} walmart model is not too good for America... so I came up with another:
[14:50] {Threei} Buy one, buy second for double price
[14:51] {Threei} this way you get whole two items for the price of merely three
[14:51] {nemo} yep...he's running for office
[14:54] {vinod} sound like politician in MA
[14:55] {nemo} As Deval get's set to sign the tax increases
[14:55] {vinod} and he said it is best thing for people in MA
[14:56] {nemo} you been following that Globe guy's articles on pension abuses....geez
[14:56] {vinod} ye, i do follow in very detail
[14:57] {dino} qcom sm l .00
[15:12] {Threei} Long Setup: AGII .40 break in stays above .30
[15:16] {Threei} DELL WSJ: Company developing a pocket sized internet device
[15:16] {Threei} - Dell device slightly larger than i-pod touch and utilizes Google Android software (13.87, 0.19, 1.39%) (related GOOG )
[15:28] {level777} what an exciting day
[15:28] {nemo} gotta' get out more L&
[15:29] {nemo} L7
[15:29] {dino} ghm out ave .54, +.12
[15:29] {Threei} I may have to hire a clown next Monday
[15:30] {nemo} sticking your chin out there Vad....
[15:30] {Threei} not really, trout is unholstered
[15:30] {magoo} trout????
[15:30] {Threei} uh oh
06[15:31] * nemo slaps magoo around a bit with a large trout
06[15:31] * magoo slaps Threei around a bit with a large trout
[15:31] {Threei} unleashing the monster
06[15:31] * magoo slaps BillyD around a bit with a large trout
06[15:31] * magoo slaps jfjf64 around a bit with a large trout
06[15:31] * magoo slaps nemo around a bit with a large trout
06[15:31] * nemo crawls into cave....closes door...pulls blanket over head
[15:32] {nemo} this trading range is tighter than a vir....nevermind
[15:33] {level777} eyeballin cdii
[15:33] {dino} lol
[15:35] {dino} kirk stopped -.31
[15:46] {Threei} AIG today is unusually perky... whole 12 cents range
[15:49] {Threei} wow
[15:50] {Threei} maybe let's short it?
[15:52] {Threei} feel free to scratch AGII
[15:52] {dino} qcom stopped .95 -.05
[15:53] {vinod} have a nice evening will bother vad tomorrow
[15:54] {Threei} sure
[15:54] {Threei} feel free :)
[15:54] {Threei} I am botherable
[15:58] {Threei} okay guys
[15:58] {Threei} thank you all
[15:58] {Threei} have a great evening
[15:58] {Threei} see you tomorrow
[15:58] {BillyD} ty
06[15:58] * magoo slaps Threei around a bit with a large trout
[15:58] {dino} done here too, thx all
[15:58] {Threei} sigh
[15:59] {Threei} last abuse befor leaving for the night
[15:59] {fernp} good evening all
06[15:59] * Threei slaps magoo around a bit with a large list of abuses he had to endure
[15:59] {magoo} that i had to endure?
[16:00] {Threei} he = threei
[16:01] {Threei} APOL
[16:01] {Threei} APOL Reports Q3 $1.26 v $1.12e, R$1.05B v $1.03Be
[16:01] {Threei} - Q3 New Student starts % y/y (65.99, -2.51, -3.66%) (related COCO CECO ESI DV STRA SLVN )
[16:01] {Threei} Q3 New Student starts +23% y/y
[16:02] {Threei} good thing APOL didn't miss, would have been at 30 by now


Friday, June 26, 2009

Jun 26 2009

Very narrow day with few opportunities. Thankfully we got our winning plays on PALM and TIBX early on.

Session Time: Fri Jun 26 00:00:01 2009

[08:01] {BillyD} good morning
[08:03] {nemo} mornink
[08:11] {Threei} Good morning
[08:11] {BillyD} vad
[08:13] {Threei} General Motors Corp Update: China's NDRC to likely reject Tengzhong's bid to buy Hummer brand - State radio
[08:13] {Threei} - The planner, the National Development and Reform Commission (NDRC), is worried that Sichuan Tengzhong Heavy Industrial Machinery, which makes special-use vehicles and highway components, does not have the experience and resources to run the Hummer business, the report said.
[08:13] {Threei} - Besides, Hummer, as an expensive, gas-guzzling sports utility vehicle, would not fit in with the government's policy of encouraging energy-efficient vehicles, the radio said.
[08:13] {Threei} there... that's where we are headed
[08:14] {Threei} government telling busnesses what to produce and what not
[08:14] {BillyD} China's way of life
[08:15] {BillyD} Vad, have you bought a new PC in last couple of years
[08:18] {Threei} it was custom built... why?
[08:19] {BillyD} wanted to see if you notice performance difference, thinking about upgrading here
[08:19] {BillyD} mine is 6 yrs old
[08:19] {BillyD} I think I need a better processor
[08:19] {Threei} what's processor speed and RAM?
[08:20] {BillyD} 2.4 mhz w/ 1GB
[08:20] {nemo} graphics capabilities?
[08:20] {Threei} doesn't sound inadequate for trading purposes to me
[08:20] {BillyD} 1 agp w/dual 64MB each & a third PCI card 8MB
[08:21] {BillyD} quotes will freeze when heavy volume comes in at times
[08:21] {nemo} that pci I card stretched a bit?
[08:21] {Threei} mine is more powerful but I do a lot of photoediting
[08:21] {Threei} pci card sounds a bit low, yeah
[08:21] {nemo} BillyD, do you know what the Buss speed is
[08:22] {BillyD} yes on pci card, a PC guy told me that it was more of different drivers causing problems verses the *MB card
[08:22] {BillyD} no nemo, but my RAM is DDR 2700
[08:22] {nemo} Well, that would also be affected by the size of monitor you're running
[08:22] {nemo} That's a fairly slow buss speed
[08:23] {BillyD} have 3 19" monitors
[08:23] {BillyD} yes to slow on buss speed
[08:23] {nemo} Yeah, that might be tough on that 8 mg card
[08:23] {nemo} You windows based
[08:23] {BillyD} yes XP
[08:23] {BillyD} original installation
[08:23] {BillyD} 6 yrs agao
[08:23] {BillyD} lol
[08:23] {nemo} My only thought would be to try and hold out until the next operating system in September?
[08:24] {BillyD} what is it?
[08:24] {nemo} Windows 7
[08:25] {BillyD} typically, 1st version has so many bigs
[08:25] {Threei} yeah... early adoper = guinea pig
[08:26] {nemo} I don't disagree, but 6 years is pretty old...he's getting to the end of that thing
[08:27] {BillyD} last of the mohicans
[08:27] {vinod} GM to all let make it a good friday mney wise
[08:28] {Threei} vinod :)
[08:30] {Threei} *MAY PERSONAL INCOME: 1.4% V 0.3%E; PERSONAL SPENDING: 0.3% V 0.3%E
[08:30] {Threei} - Prior Personal Income revised from 0.5% to 0.7%
[08:30] {Threei} - Prior Personal Spending revised from -0.1% to 0.0%
[08:30] {Threei} MAY PCE CORE M/M: 0.1% V 0.1%E, PCE CORE Y/Y: 1.8% V 1.8%E; PCE DEFLATOR Y/Y: 0.1% V 0.1%E
[08:41] {Threei} BLUD Halted, news pending (16.09, 0.00, 0.00%)
[08:41] {Threei} Responds to FDA notice
[08:41] {Threei} - yesterday the FDA, in an administrative action based on an early January 2009 inspection, issued a notice of intent to revoke the Company''s biologics license with respect to its Reagent Red Blood Cells and Anti-E (Monoclonal) Blood Grouping Reagent product.
[08:41] {Threei} - The FDA has not ordered the recall of any of the Company''s products.
[08:41] {Threei} - Per the FDA''s letter, the Company has 10 working days to respond to the FDA''s administrative action and 30 days to submit a remediation plan. The Company will use the extensive remediation work already underway and already documented in detail to the FDA to facilitate its response.
[08:41] {fernp} good morning everybody
[08:41] {Threei} fern :)
[08:44] {BillyD} nemo, you oretty technical PC person
[08:44] {Threei} and very annoying
[08:44] {BillyD} lol
[08:44] {Threei} oops... did I say it our loud?
[08:44] {nemo} relatively...I've put them together from scratch, and done board level chip replacements
[08:44] {nemo} soldering, that is
[08:44] {BillyD} see dcc
[08:45] {nemo} nothing on dcc
[08:46] {BillyD} try now
[08:49] {Threei} GOOG CEO: See current financial crisis as 'largely behind us'
[08:49] {Threei} feeling better?
[08:51] {Alw} good morning all
[08:54] {Threei} Alw :)
[08:56] {vinod} NEMO-you were a tech?
[08:56] {nemo} by necessity
[08:57] {magoo} mornimg
[08:57] {vinod} I spend 10 year traing people to do that woek in my younger days
[08:58] {nemo} I also worked in operations years ago. Unix SPARC installations
[08:59] {vinod} frist training class I held was on 8080 than Z80
[08:59] {Threei} magoo :)
[08:59] {nemo} Wow! that's going back a while
[09:00] {vinod} at wang lab
[09:01] {level777} Palm shot over 16 last night, anyone know the high?
[09:03] {magoo} obviously palm, stalking othersvad?
[09:04] {Threei} Thursday, June 25, 2009 4:05:10 PM
[09:04] {Threei} Palm, Inc Reports Q4 -$0.40 (adj) v -$0.62e, R $86.8M v $80.1Me
[09:04] {Threei} - On a non-GAAP basis, Adjusted Revenues in Q4 totaled $113.2M.
[09:04] {Threei} - Q4 gross margin 26.8% (adj) v 25.2% y/y
[09:04] {Threei} - Q4 smartphone sell-through 460K units (-52% y/y)
[09:04] {Threei} - Q4 shipped smartphones 351K units +6% q/q, -62% y/y
[09:04] {Threei} Palm, Inc CFO: Expects adjusted gross margin over time to be above 30%, expects to turn cash-flow positive by 2H of 2010 - conf call
[09:04] {Threei} - Sees expenses rising from Q4 levels
[09:04] {Threei} - Expects GM to grow to over 30%
[09:04] {Threei} - Focusing on smart phones
[09:04] {Threei} - To continue developing software and applications, will offer app updates free of charge
[09:04] {Threei} - Will expand developer base from hundreds to thousands
[09:04] {Threei} - Says no plans to raise fresh capital; currently capital is "absolutely sufficient."
[09:04] {Threei} - Sees significant "enterprise interest" in Pre
[09:04] {Threei} - Profitability on non-gaap basis likely when cash flow break even is reached
[09:05] {Threei} Palm, Inc Price Target raised to $23 from $16 at BofA/Merrill Lynch, maintains Buy rating
[09:05] {Threei} - Analyst cites new Pre smartphone's strong start at Sprint with accelerating demand and outstripping supply. Newsflow could remain strong with international launches of Palm Pre and other products this year, and multiple carriers in early next year
[09:05] {Threei} - Adds Pre's operating system uses standard web tools that makes it easy to write applications; could see exponential growth in apps
[09:10] {dino} gm all
[09:10] {nemo} Wow...early dude
[09:10] {Threei} 9:06:53 AM
[09:10] {Threei} NYSE discloses computer glitch is affecting trading on 565 stocks
[09:10] {Threei} oh good
[09:10] {Threei} dino :)
[09:11] {ese} good morning
[09:12] {Threei} ese :)
[09:13] {ese} mixed bag this morning?
[09:13] {Threei} pretty much
[09:14] {Threei} look dcc please
[09:14] {level777} blud trading
[09:14] {ese} anything interest you vad
[09:14] {Threei} PALM
[09:14] {Threei} BLUD
[09:15] {Threei} hmmm... I'd expect it drop more
[09:15] {dino} bloody blud
[09:15] {magoo} vad, news POT MON FSLR?
[09:15] {dptl} good morning all
[09:16] {Threei} Yesterday 18:05 POT Cuts Q2 guidance to $0.70 from $1.10-1.50 v $0.88e
[09:16] {Threei}
[09:16] {Threei} dp :)
[09:16] {Threei} Yesterday 09:51 PS4.GE Lowers FY09 EBIT guidance; Holds Rev target at 520M v 505.9Me
[09:16] {Threei} - States that prior EBIT guidance at 31M no longer achievable (current estimate 30.6Me)
[09:16] {Threei}
[09:16] {ese} ya....blood helped me loose some money years go when i was in the buy and hold part of my trading career
[09:17] {level777} ISTA halt?
[09:17] {ese} TIBX breaking out of 2 month trading range
[09:18] {Threei} ISTA yes
[09:18] {level777} wow
[09:19] {Threei} Yesterday 16:17 TIBX Reports Q2 $0.11 v $0.09e, R $142.7M v $139.4Me
[09:19] {dino} buy and hope you mean
[09:19] {Threei} Yesterday 16:48 TIBX Guides Q3 $0.09-0.11 v $0.10e, R $140-147M v $146.3Me - conf call
[09:19] {Threei} - Notes visibility remains limited
[09:19] {Threei} ese, look dcc please
[09:19] {ese} yup
[09:19] {level777} these halts cause more wild volatility than anything
[09:22] {dino} agreed
[09:22] {Threei} dp, look dcc please
[09:27] {Threei} so far, PALM and TIBX are main candidates
[09:28] {Threei} want pullback on both
[09:28] {jfjf64} mornin boys
[09:28] {Threei} jf :)
[09:29] {ese} jjjjjjjffffffffff!!!!!!!!
[09:30] {Threei} whoa PALM
[09:30] {Threei} don't get ahead of yorself
[09:30] {Threei} TIBX, 7 is nearest support
[09:31] {Threei} ok, let's try to get them when they stabilize
[09:31] {vinod} PALM good candidate for short
[09:31] {Threei} Long Setup: TIBX .05 break
[09:31] {Threei} stop under 7
[09:32] {nemo} too fast
[09:32] {magoo} no chance
[09:32] {Threei} Long Setup: PALM .30 break
[09:33] {Threei} if holding .15
[09:34] {magoo} in p
[09:35] {vinod} i was in TIBX 7.07
[09:35] {ese} L qqqq .13
[09:35] {magoo} nice
[09:35] {Threei} you have over 1:1
[09:35] {Threei} PALM 1:1 half out
[09:35] {magoo} out .54 TY vad
[09:35] {magoo} was waiting thgere
[09:35] {ese} out qqqq.21 +.08
[09:36] {BillyD} out both ty Vad
[09:36] {Threei} :)
[09:36] {magoo} billy bob wtg:)
[09:36] {vinod} out .20
[09:36] {BillyD} :)
[09:36] {jfjf64} nice ty
[09:36] {vinod} ty
[09:36] {Threei} good reflexes guys
[09:37] {BillyD} Had to hit that TIBX fast
[09:37] {Threei} PALM stop for the balance right under b/e
[09:37] {jfjf64} waslittle crazy
[09:37] {magoo} is there news FSLR vad?
[09:38] {level777} GNBT
[09:38] {Threei} nothing fresh
[09:38] {jfjf64} caei.15 break guys
[09:38] {magoo} ok ty..its been raped last 5 days
[09:38] {level777} GNBT action usually prelude to news
[09:38] {Threei} so why do you ask for news today?
[09:39] {nemo} Consumer confidence in a few, that will likely move the averages
[09:39] {magoo} see if something came out
[09:39] {level777} btw, thanks for the Palm call 3i :)
[09:39] {Threei} :)
[09:39] {Threei} CAEI is former RCH
[09:39] {magoo} POT been raped last 5 days too...and there is NEW news
[09:39] {Threei} chinese construction company
[09:39] {Threei} anyone got trout handy?
06[09:39] * nemo slaps magoo around a bit with a large chinese construction company
[09:39] {Threei} feel free to unleash it on magoo, I'll owe you
[09:40] {Threei} rofl
[09:40] {Threei} that was good one nemo
[09:40] {magoo} :)
[09:41] {jfjf64} what timme is it in china this guy sleepin
[09:42] {BillyD} had a feeling TIBX had more
[09:42] {dino} amcn
[09:42] {jfjf64} blud .22
[09:42] {BillyD} PALM distracted me a bit
[09:42] {KSystems} gooooooooood morning!
[09:42] {dino} pot lowered guidance to .70 from .92
[09:43] {Threei} KS :)
[09:43] {jfjf64} .17 blud
[09:44] {jfjf64} half out
[09:44] {jfjf64} out
[09:45] {jfjf64} ouch
[09:45] {Threei} MNTA.... sigh
[09:45] {jfjf64} never learn
[09:45] {ese} an object once in motion........still long intc
[09:46] {jfjf64} grrrrrrrrrrrrrrrrrrrrrrrrrrr
[09:46] {jfjf64} rrrrrrrrrrrrrrrgggggg
[09:49] {BillyD} SPPI....bit jumpy in nature
[09:49] {jfjf64} jazz.16 here
[09:52] {jfjf64} market push here pls
[09:52] {nemo} 3 more minutes
[09:52] {jfjf64} ty let me get some coffee
[09:53] {jfjf64} all that jazz ese
[09:53] {level777} Palm re-enter thoughts?
[09:53] {jfjf64} lol
[09:53] {Threei} seems to move with market
[09:54] {BillyD} BLUD entry somewhere?
[09:54] {ese} ya jf.......it jazzed me for -$114.00 a week or so back
[09:55] {Threei} *JUNE FINAL UNIVERSITY OF MICHIGAN CONFIDENCE: 70.8 V 69.0E
[09:55] {Threei} - 1 yr median inflation expectations at 3.1% v 2.8% May
[09:55] {Threei} not sure Billy
[09:55] {BillyD} it's tough due to dumper status
[09:56] {level777} Palm nice dump
[09:59] {Threei} bounce-ready
[09:59] {Threei} first help by market and PALM should give a scalp'
[09:59] {Threei} in .93
[09:59] {jfjf64} k
[09:59] {Threei} stop .85
[10:00] {level777} missed
[10:00] {Threei} half out
[10:01] {level777} nice
[10:01] {jfjf64} nice vad
[10:01] {Threei} 1/4 more out .11
[10:01] {BillyD} gj Vad...couldn't get a good read on it
[10:01] {jfjf64} great entry
[10:01] {magoo} out .11..caught .98 TY
[10:01] {nemo} amazes me how he does tht
[10:02] {Threei} easy... I don't think
[10:02] {BillyD} TIBX maybe at B?O .40...it held .30 w/ mkt selling
[10:02] {Threei} it's eye-finger process, no brain inbetween
[10:02] {level777} oh, my wife says im good at that too
[10:02] {nemo} too visceral
[10:02] {nemo} yeeech
[10:02] {jfjf64} vip tk look at
[10:02] {BillyD} Vad, TIBX thoughts here
[10:02] {Threei} trying to gauge..
[10:02] {jfjf64} .22 trigger
[10:03] {Threei} chart is right, stock is wrong
[10:03] {Threei} this is not a breakout stock
[10:03] {BillyD} ok
[10:03] {Threei} my approach would be,
[10:03] {Threei} let it break,
[10:03] {Threei} wait for shakeout
[10:03] {Threei} try to get in when stops are hit and break buyers are shaken out
[10:03] {BillyD} near .30 arae
[10:03] {Threei} and if you miss, so be it
[10:04] {Threei} out PALM in full
[10:04] {Threei} +.30
[10:08] {jfjf64} vip invalid here
[10:10] {BillyD} LEN maybe short candidate
[10:11] {BillyD} if forms range here and under 9
[10:14] {jfjf64} with ya billy d s .98 trigger
[10:15] {jfjf64} this min lets go
[10:15] {jfjf64} .99
[10:16] {dino} pnra sm l .50
[10:17] {jfjf64} cant gv this up
[10:21] {dino} wynn sm l .50 wide
[10:24] {dino} cedc sm l .90 trig wide/whippy
[10:29] {BillyD} not sure I like LEn as much
[10:30] {Threei} PALM, fast pullback closer to .40 from here is long entry
[10:32] {BillyD} what would be stop on PALM
[10:32] {Threei} asking too far in advance :)
[10:33] {Threei} at this point it's more of a trading idea than exact setup
[10:33] {BillyD} got it
[10:34] {Threei} ISTA Pharmaceuticals FDA panel discloses eye drops as safe and effective, vote 7-0
[10:34] {Threei} - Dermatologic and Ophthalmic Drugs Advisory Committee Unanimously Recommends Bepreve(TM) for the Treatment of Ocular Itching Associated with Allergic Conjunctivitis'
[10:34] {Threei} - The Committee voted unanimously 7 to 0 in favor of approving Bepreve after reviewing comprehensive safety and efficacy data from ISTA''s clinical program.
[10:34] {Threei} - Although the FDA is not required to follow the Committee''s guidance, the Agency usually considers the Committee''s recommendation when evaluating pending applications. The FDA has assigned a Prescription Drug User Fee Action Date of September 12, 2009.
[10:36] {level777} i traded ista last 2 days...took home zero!!
[10:36] {dino} as swiper would say; ohhh mannnnn
[10:37] {level777} at least i didnt need to stress over the halt..might've been worth it
[10:37] {Threei} ISTA will open at 11
[10:37] {level777} wow $11
[10:38] {magoo} palm no pull
[10:39] {Threei} at 11:00 l7!
[10:39] {Threei} lol
[10:39] {Threei} as in 11 o'clock
[10:39] {level777} now, if it opens at $11, what are you gonna say? :)
[10:40] {Threei} ummm... call myself a prophet? :)
[10:40] {level777} pure genius
[10:40] {nemo} super genius
[10:40] {level777} put that call up front on ur website
06[10:40] * Threei is blushing
[10:43] {dino} cedc stopped
[10:43] {dino} -.38
[10:48] {Threei} MTXX Hearing strength attributed to chatter of possible sale of distribution or production units (39.17, -0.32, -0.81%)
[10:57] {Threei} this headline is ultimate manifestation of irony
[10:57] {Threei} Hamas leader: Obama must do more for peace
[10:57] {wulff} amazing pick on the PALM bottom
[10:58] {Threei} ty... not so much on exit though, lol
[10:58] {wulff} oh what problems
[10:58] {Threei} ISTA is getting ready
[11:00] {jfjf64} lost connection heavyy rain thunder
[11:02] {jfjf64} chs s.27
[11:04] {dino} lol hamas, like stopping suicide bombers would do nothing
[11:06] {magoo} we in anything vad..got distractted
[11:06] {dino} pwrd
[11:07] {jfjf64} half out
[11:07] {magoo} dam PALM
[11:07] {Threei} no mags
[11:08] {jfjf64} stop to .25
[11:10] {level777} the halt on ISTA really protected shareholders that bot the big gap open
[11:12] {Threei} PALM looks determined
[11:13] {magoo} i was just thinkin 17
[11:13] {jfjf64} wish i was still in
[11:15] {level777} 16.74
[11:16] {jfjf64} out
[11:18] {jfjf64} blud looks lk has gas missed entry at .25
[11:18] {BillyD} MDRX low of day
[11:18] {BillyD} maybe short
[11:21] {jfjf64} this blud wants me in pullbacked .25 im a taker
[11:25] {dino} long at .25 jf?
[11:26] {jfjf64} yeah out .35
[11:26] {level777} ista climbing up slowly but...
[11:26] {Threei} US House clears procedural vote, allowing formal debate over climate change and energy bill
[11:26] {dino} ok, gj
[11:27] {nemo} They pass that, we're {insert negative expletive here}
[11:27] {jfjf64} bwen .21 triggerr mamma need pair of shoes lol
[11:27] {dino} pappa too
[11:28] {jfjf64} yup yup
[11:28] {dino} pnra, in my best reagan voice, "teart down that 51.00 wall"
[11:29] {jfjf64} here ya go dino ya in this
[11:30] {magoo} .
[11:30] {jfjf64} bwen with market
[11:30] {dino} tear
[11:30] {dino} .
[11:30] {dino} .
[11:30] {dino} ok
[11:30] {patience} .
[11:30] {nemo} ?
[11:30] {dino} just had internet failure
[11:31] {dino} i guess connection failure more like it
[11:32] {dino} giddy-up market
[11:34] {jfjf64} 1/1
[11:34] {nemo} did you have a stop?
[11:35] {jfjf64} .25
[11:35] {nemo} is this bwen?
[11:35] {jfjf64} y
[11:35] {dino} pnra stop to .10
[11:36] {jfjf64} nice dino
[11:36] {jfjf64} all out
[11:37] {dino} ty
[11:37] {dino} pwrd strong
[11:37] {jfjf64} look at vol bars real nice
[11:41] {dino} pnra stopped slipped ave .07, +.57
[11:41] {nemo} another one where you got less than a $..wtf dino
[11:42] {dino} losing my touch i guess
[11:42] {dino} different market lately, imo
[11:43] {dino} wynn to flaty
[11:43] {dino} out
[11:43] {nemo} aw come on...except for that one day a couple of weeks ago, you've been as consistent as always
[11:43] {dino} like wynn better around 36.00
[11:44] {dino} ty nemo, just doing smaller daily #s lately
[11:44] {nemo} summer too
[11:45] {dino} as run dmc would say; "it's tricky"
[11:45] {jfjf64} im sick i was watchin jazz earlier 4.15 break lost connection tk look wow
[11:45] {dino} hitting lod's
[11:46] {jfjf64} vad here or sleepin
[11:46] {nemo} coma
[11:47] {jfjf64} lol
[11:47] {Threei} ty nemo
[11:47] {Threei} saving me typing
[11:47] {jfjf64} long week
[11:47] {nemo} yw
[11:47] {Threei} the problem with your question jf:
[11:47] {Threei} you put it as if there was contradiction
[11:47] {Threei} either/or
[11:48] {Threei} in fact, it's both
[11:48] {Threei} here and sleeping
[11:48] {jfjf64} lol
[11:48] {Threei} and that's how I trade day in day out, for many years
[11:49] {jfjf64} this blud seems lk it gonna go again
[11:49] {Alw} Vad What are you looking for in ISTA?
[11:50] {Threei} nothing really, I don't like it
[11:50] {Alw} ok
[11:51] {dino} jf, don't you mean this bud's for you
[11:51] {jfjf64} lol
[11:51] {nemo} vampire drink "This blud's for you"
[11:51] {dino} ahhh, thinking of sookie
[11:52] {nemo} huh?
[11:52] {dino} wynn rinsed
[11:52] {jfjf64} .37 trigger last trade for me kids last day of school
[11:52] {dino} sookie stackhouse, true blood series
[11:53] {nemo} oh...never seen it
[11:53] {jfjf64} bud bud go bud
[11:54] {dino} books- dead in dixie, etc
[11:55] {jfjf64} 1/1
[11:56] {jfjf64} 1/4out
[11:56] {dino} gj blud
[11:56] {jfjf64} stopto 50
[11:56] {BillyD} nice jf
[11:57] {jfjf64} see what happns kids will hv to wait
[11:57] {BillyD} lol
[11:58] {jfjf64} wish i hd a bud
[11:59] {Threei} want me to tell you who is on TV?
[11:59] {dino} no
[11:59] {nemo} I don't dare hazard a guess
[11:59] {jfjf64} stop to .55 now thanks vad
[12:00] {Threei} hmm?
[12:00] {wulff} when you grabbed that palm, was high volume a clue?
[12:00] {Threei} you are welcome of course
[12:00] {Threei} but for what?
[12:00] {wulff} or a pause
[12:00] {jfjf64} pres on tv all red bars know
[12:04] {jfjf64} out
[12:04] {jfjf64} thats it for me guys enjoy weekend ty vad
[12:05] {Threei} take care jf, have a great one
[12:05] {Threei} good job
[12:05] {dino} cya jf
[12:05] {Threei} as I said yesterday,
[12:05] {Threei} your progress in just couple month is incredible
[12:06] {jfjf64} thanks to you and this room ty again
[12:06] {dino} gj
[12:06] {Threei} feels like you are natural, just needed somestructure and discipline
[12:06] {Threei} and trout
[12:07] {jfjf64} dont understand this trout thing but we got time to work on that
06[12:07] * BillyD slaps jfjf64 around a bit with a large trout
[12:07] {Threei} there
[12:07] {Threei} understand this
[12:08] {dino} better not to understand
[12:08] {BillyD} something to study over weekend :)
[12:08] {Threei} hehe
[12:08] {Threei} room is all too willing to provide the material
[12:09] {jfjf64} enjoy my kids starvin upstairs they will tell mom i dont feed them while she at work see ya monday
[12:11] {dino} :)
[12:19] {BillyD} mkt seems just a tad more festive w/ follow thru buyers
[12:20] {BillyD} on certain stocks
[12:24] {dino} scanners all green
[12:32] {dino} pwrd s .41
[12:34] {Threei} (RU) Russia Pres Medvedev affirms Russia's involvement in OPEC is solely as an observer (related USO )
[12:34] {Threei} as in "we are watching you"?
[12:35] {BillyD} Vad,u been there in a while
[12:35] {Threei} not since 1996
[12:35] {BillyD} when did you leave
[12:36] {Threei} in 1996
[12:36] {Threei} lol
[12:36] {BillyD} lol
[12:36] {BillyD} could you return w/ no issues
[12:36] {BillyD} to visit
[12:36] {Threei} at this point, I think so
[12:37] {Threei} all problematic figures who were "in play" when I was there are dead or jailed or out of business in some other way
[12:37] {BillyD} hmmmm....and you are in CA
[12:38] {Threei} the tough time was first two-three years
[12:38] {Threei} and I had to go back in 6 months after leaving, to settle some issues
[12:38] {BillyD} is your family still there
[12:39] {Threei} the guy who ran mafia protection and served as my "roof" was shot dead two weeks before that
[12:39] {BillyD} sacry
[12:39] {Threei} which created huge problem
[12:39] {Threei} and the way I solved it is a whole story
[12:39] {Threei} no, don't have anyone there anymore
[12:39] {level777} there is no mafia.. an old wives tale
[12:39] {level777} ima keepa my eye ona you now
[12:39] {Threei} right
[12:42] {Threei} what's with OXGN?
[12:42] {Threei} no news that I see
[12:44] {Alw} Does most of the Russian people speak English?
[12:45] {Threei} no
[12:46] {Threei} Russia was never really open country with a lot of foreign language used, not since revolution
[12:46] {Threei} and before revolution, French and German were more prevalent
[12:47] {Alw} Ok - when I went to Europe I found most people spoke better English than me
[12:49] {dino} cov pwrd .39, +.02 not moving, mkt going up
[12:51] {dino} sure now it drops
[12:53] {nemo} pwrd is a nice dbi setup
[12:55] {level777} whats dbi
[12:56] {nemo} Drop Base Implosion....stock has a downleg, then flat for a while, and then implodes downward
[12:57] {nemo} PWRD had a big run, a down leg, and is running flat...the question, does it drop?
[12:57] {dino} just did, after i covered
[12:59] {dino} syut
[13:02] {ese} anybody on the board from Seatle
[13:02] {ese} was never away
[13:02] {dino} pa
[13:02] {ese} wa
[13:03] {ese} just wanted to know if you knew anything about Tom Bihn luggage, bags. cases accessories etc etc
[13:06] {ese} just realised i resent being called an "idler" man......i'm workin!!! whats with that anyway
[13:06] {dino} lol es
[13:07] {dino} better than slacker
[13:07] {Threei} and slacker is claimed by me
[13:07] {ese} was just to get vad riled up.....not workin....he's calm and cool
[13:07] {Threei} it's a side effect of coma
[13:08] {dino} i'm kicking the scanners shouting spit something out
[13:08] {dino} syut a bit gappy
[13:08] {dino} jumps again
[13:08] {nemo} summer friday afternoon
[13:08] {Threei} I quit doing that dino... my scanner answered me once, and it was not pretty
[13:09] {dino} if i was up more, i'd go mow the lawn
[13:11] {dino} ostk
[13:16] {ese} have a meeting all.......last day of school see ya monday
[13:16] {Threei} take care ese
[13:16] {ese} see ya vad
[13:17] {Alw} Is cpd a possible jbe?
[13:18] {Threei} formally, yes... in practice, very questionable
[13:19] {Threei} Market impact of Climate Bill vote (American Clean Energy and Security Act of 2009)
[13:19] {Threei} **it appears the 3 hour debate on the climate bill has begun in the House at 1pmET, implying that a final vote might come late this afternoon
[13:19] {dino} l rht .93
[13:19] {Threei} **Specifics of the legislation:
[13:19] {Threei} - Requires a 17% emissions reduction from 2005 levels by 2020.
[13:19] {Threei} - Requires renewable electricity mandate stating each electricity provider who supplies over 4M MWh must produce 20%of its electricity from renewable sources by 2020. (5% of this standard can be met through energy efficiency savings, as well as an additional 3% with certification of the Governor of the state in which the provider operates).
[13:19] {Threei} - Failure to meet said requirements results in fines of $0.02/KWh that will be adjusted upward with inflation.
[13:19] {Threei} - Allocates funding for modernization of grid system ("smart grid"), expansion of electric vehicle production, and sets guidelines for additional energy efficiency in new building projects.
[13:19] {Threei} - To develop Cap-and-trade like system, 85% of initial permits to be given for free with remaining 15% being put up for auction.
[13:19] {Threei} **Potential effects of the legislation:
[13:19] {Threei} - 1) if the bill passes
[13:19] {Threei} Negative impact on the coal burning utilities and coal companies, coal prices likely to decline as their use will be limited; use of natural gas may increase as it reduces the carbon footprint and may drive the sales of natural gas higher. Solar and wind power generating companies will benefit from increased subsidies for energy efficient and alternative energy technologies. Firms that specialize and provide 'smart grid' and infrastructure utilization software are also likely to benefit as utilities look to maximize existing generation sites and prolong the life-time of grand-fathered 'dirty' coal plants. Other sectors that are likely to benefit include specialty names that have experience in carbon capture and sequestration in terrestrial and sub-terrestrial storage. Financials with exposure to EU Cap and Trade and Carbon Emission Contracts are also posed to benefit from increased business volume due to exposure to facilities and understanding of market.
[13:20] {Threei} - 2) if the bill fails
[13:20] {Threei} Positive impact for the coal burning utilities and coal companies, coal prices to remain supported or even rebound on anticipated demand, Natural gas likely to remain steady or decline a little. Solar and wind power technology companies are likely to feel some impact as investors anticipate increased use of green technologies.
[13:20] {level777} clean energy is sweeping the country, esp in cal
[13:20] {Threei} -3) Mixed reactions:
[13:20] {Threei} As with every piece of legislation, the effects of an energy production balance and 'cap and trade' system on markets will not be as clear as one may initially expect. Initial programs and funding will certainly move towards alternative energy technologies and further development of smart grid technologies. The incremental implementation of energy production portfolio balancing at utilities will mean that heavily coal dependent regions (US South East and Mid West) will not see sudden, massive price increases. Due to subsidies and stimulus programs, consumer and commercial price increases are seen rising broadly in tandem throughout US power markets. As for a cap and trade system, initial winners will most notably include the US Federal Government that stands to gain a windfall payment. It is expected that a large percentage of these funds will be reinvested into additional technology and energy subsidy programs (to offset the consumer price increase that will be passed down from utilities).
[13:21] {nemo} boy is this going to hurt the wallet
[13:21] {Threei} Coal Sector:
[13:21] {Threei} BTU, CNX, MEE, FCL, FDG, ANR, YCZ, PCX, ACI, JRCC
[13:21] {Threei} 'Smart Grid' and Green Tech Sector:
[13:21] {Threei} GE, ITRI, AIRN, ELON, BMI, BGC, AMSC, CAMP, FTEK, ALVR, CPST, GSZ.FR
[13:22] {level777} along the Cal ports they are charging a tarriff for non complying, clean trucks
[13:22] {Threei} Wind Sector:
[13:22] {Threei} WNDEF, VWS.DC, NDX1.GE, RPW.GE, GAM.SP, EEN.FR, DD, AMSC, SPI, SUEL.IN
[13:22] {Threei} Solar Sector:
[13:22] {Threei} SPIR, STP, JASO, FSLR, SWPRA, ESLR, ENER, WFR, SOLF, SOL, SWV.GE, ALTI, QCE.GE, UNAX.GE, ASTI, YGE, CSIQ, TSL, PS4.GE
[13:22] {Threei} Sequestration Sector:
[13:22] {Threei} DOW, FWLT, PGH, ECO.UK, ALO.FR, STO, EOAN.GE, XTA.UK, RTP
[13:22] {Threei} there... youi have whole roadmap for future trading
[13:22] {Threei} I am going on vacation till 2010
[13:22] {level777} they are deploying gov't capital to replace with electric/hydrogen powered etc
[13:23] {level777} and some companies making fortunes with carbon credits
[13:24] {level777} which is a joke in itself
[13:25] {level777} ..now back to your regularly scheduled programming
[13:33] {dino} pru l .50
[13:35] {nemo} might be heaed to .30
[13:36] {nemo} headed
[13:38] {dino} it is
[13:38] {nemo} if it breaks that, not sure I'd hang around
[13:39] {dino} stop is .33
[13:40] {nemo} low candle is .31
[13:40] {dino} out
[13:40] {nemo} don't want to get caught in a rush for the exits
[13:42] {dino} maybe a buck lower
[13:44] {nemo} pru flipped you the bird
[13:44] {nemo} didn't close under support
[13:44] {dino} jpm hod
[13:45] {dino} l met .75
[13:45] {nemo} can you imagine the uproar if the big banks all have huge earnings
[13:47] {vinod} I am back. still have PALM from morning
[13:48] {dino} all maybe off of .01
[13:50] {Threei} wow vinod
[13:50] {Threei} you should be ashamed of yourself... making such indecent profits
06[13:51] * Threei slaps vinod around a bit with a large roll of cash
[13:51] {level777} fwiw, i am accumulating GNBT for a swing trade...not a rec to anyone...I know the stock well and am anticipating off its trading some vg news
[13:51] {Threei} Fed's Fisher: Fed actions saved the US from a 'depression'
[13:54] {Threei} Fed's Fisher: green shoots are not 'sprouting like kudzu'
[13:54] {Threei} lol
[13:56] {dino} all l .00
[13:56] {vinod} out 16.27 got bussy. plus all your pick this week would have given more if kept for a while
[13:56] {vinod} my record tells me
[13:57] {Threei} way to track it and make corrections
[13:57] {Threei} wtg
[13:57] {vinod} i only had 500
[14:06] {vinod} ty boss this is one of the best week for me and have a nice weekend to all
[14:06] {dino} u2 vin
[14:07] {magoo} PALMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM
[14:08] {Threei} great to hear vinod
[14:08] {Threei} have a great weekend
[14:24] {dino} rjet
[14:24] {magoo} .
[14:25] {magoo} what we in??
[14:25] {Threei} ummm
[14:25] {nemo} coma
[14:25] {Threei} I am in deep thoughts on whether PALM is going to stage eod run or fizzle out
[14:27] {dino} uthr
[14:34] {dino} met to .84
[14:35] {dino} to .86
[14:36] {dino} to .89
[14:37] {dino} out met .89, +.14
[14:38] {dino} all to .04
[14:38] {dino} out, +.04
[14:39] {dino} cedc last try l .44
[14:39] {dptl} have a good evening all
[14:40] {Threei} Fed's Fisher: USD will not be replaced as the world's reserve currency
[14:40] {Threei} wow... first time I find myself nodding to what Fed say
[14:40] {Threei} take care dp
[14:41] {Threei} US treasury yields are 'subdued'
[14:41] {Threei} - will no monetize the deficit
[14:41] {Threei} this last part I still have to see to believe
[14:42] {dino} cya dp
[14:42] {Threei} Not expecting unemployment rate in the US to reach 11%
[14:43] {jfjf64} back my friends
[14:44] {jfjf64} in anythin vad
[14:46] {Threei} no
[14:47] {Threei} watching PALM
[14:49] {jfjf64} hmm does it bust through or go to sleep keep me posted what ya thinkin
[14:50] {jfjf64} 17.20 key #
[14:51] {jfjf64} high last october
[14:52] {dino} uthr sm l .25 partial
[14:55] {jfjf64} .50 long palm
[14:55] {Threei} stop under .40?
[14:55] {Threei} or .35?
[14:55] {jfjf64} 35
[14:56] {jfjf64} got slipp in 53
[14:56] {jfjf64} anybody else in
[14:57] {level777} 3i, any thoughts PALM}?
[14:57] {BillyD} not here
[14:58] {Threei} scratching my head
[14:58] {Threei} it trades like breakout and run
[14:58] {Threei} but I am so not inclined to tarde those at this point
[14:58] {Threei} summer fridasy afernoon
[14:59] {Threei} what breakout? what ruhn?
[14:59] {nemo} relative volume has dropped drastically
[14:59] {nemo} 50% DOW and S&P 75% NAS
[14:59] {dino} well, they get older and die
[15:00] {Threei} jf... now that it made new high, trail to under .40
[15:00] {Threei} let's be stingy here, especially considering your slippage on entry
[15:00] {jfjf64} yes was gonna ask ya ty
06[15:00] * Threei is now known as mind reader
[15:01] {magoo} i took palmer .43
[15:02] {jfjf64} market ragin this dropp[n
[15:03] {magoo} really would like psalm to rip near 16.80
[15:04] {Threei} psalm... lol
[15:04] {magoo} is that too greedy vader?
[15:04] {Threei} I can't tell mags
[15:04] {nemo} going holy roller mags?
[15:05] {Threei} this break keeps me at loss
[15:05] {jfjf64} stop to .45
[15:05] {Threei} can't gauge it
[15:05] {jfjf64} out
[15:06] {magoo} its getting weirder now
[15:06] {jfjf64} not my cup of tea
[15:07] {jfjf64} out of my league
[15:08] {dino} cyou
[15:08] {level777} bouncing around pretty good
[15:11] {dino} uthr to .70
[15:11] {dino} to .75
[15:12] {dino} out +.50
[15:14] {dino} pwrd app. hod
[15:16] {nemo} little early on uthr
[15:17] {dino} whoa wrong on pwrd
[15:18] {dino} my bad
[15:18] {nemo} drinkin' already Dino?
[15:19] {level777} nice Palm flush
[15:19] {dino} no, but......
[15:20] {Threei} but thinkong of it? :)
[15:21] {dino} indeed, it is almost happy hour
[15:24] {dino} ughhhhh uthr
[15:24] {dino} way too tight on it
[15:25] {dino} pru too
[15:27] {Threei} SAFM USDA: Russia has banned pork from certian Farmland food palnts, and chicken from SAFM (45.80, -0.48, -1.04%)
[15:29] {Threei} Only 17% Rate Government A Wiser Spender Than Private Business
[15:29] {Threei} hey... I knew people are not all idiots
[15:29] {Threei} just 17%
[15:31] {patience} ok guys, have a great weekend. been an excellent week. new pattern for me: buying teck shares in the am, selling before closing...good volume and price movement
[15:31] {Threei} have a good weekend patience
[15:31] {dino} gj, cya
[15:31] {BillyD} bye
[15:37] {magoo} ZN crazy
[15:37] {Threei} no news too
[15:39] {dino} $21m raised all i see, 2nd gas permit
[15:39] {Threei} yeah but non of it fresh
[15:40] {BillyD} Have a nice weekend everyone...cya monday
[15:40] {Threei} take care billy
[15:42] {level777} still waiting for a brilliant eod call
[15:42] {Threei} ZN, 1 dollar ago
[15:42] {dino} 3:40 action
[15:43] {Threei} whole day range was 15 points NQ
[15:44] {Threei} thank tyrading gods we got what we got
[15:44] {Threei} this kind of day can easily go with no single trade
[15:45] {dino} out cedc .65, +.21
[15:45] {dino} opps ave .64
[15:46] {Threei} jeez ZN
[15:47] {Threei} that's AMEX for you
[15:47] {dino} out rht flat, bad entry
[15:49] {Threei} are you watching this curcus guys?
[15:49] {Threei} circus
[15:49] {nemo} yeah
[15:49] {level777} amazing
[15:49] {dino} nope
[15:50] {dino} darn cedc kept going
[15:51] {Threei} TSPT
[15:51] {dino} acur spike
[15:52] {Threei} what the deuce
[15:52] {Threei} whatever
[15:52] {KSystems} is there any holiday coming up after the weekend?
[15:52] {Threei} let's call it a day guys
[15:52] {dino} too fast
[15:52] {Threei} not this weekend KS
[15:52] {dino} july 4th
[15:52] {nemo} naechste Wochenende
[15:52] {Threei} next one
[15:52] {KSystems} thank you!
[15:52] {Threei} have a great relaxing weekend
[15:53] {Threei} see you on Monday
[15:53] {Alw} ty - it was a great education!
[15:53] {dino} take care 3i