Friday, January 8, 2010

Jan 08 2010

Action normalizes and setups start working as they should ICXT, CYCC, DYAX, couple more... still not pressing too much but profits are being booked again.

Session Time: Fri Jan 08 00:00:00 2010

[08:04] {strider} out CYCC, 3.31, +.76
[08:05] {Threei} oh, I got it - you are crazy
[08:05] {Threei} wtg
[08:05] {strider} watched it aftermarket yesterday. climbed all the way.
[08:07] {Threei} single glance at the daily chart demonstrates that gravity is a myth
[08:07] {strider} It
[08:07] {nemo} not really, once the rocket fuel runs out
[08:07] {strider} IT's worse in some places than others.
[08:09] {strider} It's rolling over now.
[08:09] {nemo} fuel ran out
[08:09] {Threei} scary thought is - it's available for shorting
[08:10] {strider} Too bad Laser's charts don't start till 8AM.
[08:10] {strider} I've got a dinky one that MBT had in beta that starts at 7:30.
[08:11] {strider} had=has
[08:11] {Threei} US) Preview: Dec Unemployment Rate data due out at 8:30am (13:30 GMT)
[08:11] {Threei} - Consensus expectations at 10.0%e v 10.0% prior (analyst range of estimates seen from 9.9% to 10.2
[08:15] {strider} Unemployment in my county is almost 15%.
[08:28] {nemo} must be good report spy popped
[08:29] {Threei} no report yet
[08:29] {nemo} not for us
[08:29] {nemo} tna popping
[08:29] {nemo} yeah interpreted as good
[08:29] {nemo} there go qs
[08:29] {nemo} or it's a setup up to slam when it comes out
[08:30] {nemo} hah!
[08:30] {Threei} *(US) DEC UNEMPLOYMENT RATE: 10.0% V 10.0%E
[08:30] {nemo} paranoid conspiracist me
[08:30] {Threei} so much for the theory that someone got it earlier than us
[08:30] {nemo} not necessarily, had that spike up two minutes before
[08:31] {nemo} yahooo!!!!
06[08:31] * nemo thinks he had too much coffee
[08:31] {Les} time for your vodka shot nemo
[08:31] {Les} GM
[08:31] {nemo} thanks for reminding me
[08:32] {Threei} that woiuld be redundant, considering how much he spikes his coffee with vodka
[08:32] {ese} morning
[08:32] {nemo} Told you, I quit drinking
[08:32] {nemo} intravenously now
[08:32] {Threei} ese
[08:32] {nemo} dude
[08:32] {ese} vad
[08:32] {ese} dude!!!!!!!!!
[08:32] {Threei} LUNA Expands relationship with Intuitive Surgical
[08:33] {nemo} cycc holding well
[08:33] {Threei} SPDE Zargis Cardioscan Cleared for Sale in Canada
[08:34] {nemo} what's oil doing?
[08:34] {Threei} dropped
[08:37] {nemo} wow Qs dropped a whole .11 cents
[08:38] {nemo} there they go
[08:43] {fernp} Good morning everybody
[08:43] {nemo} damn, how do we hop on the down elevator?
[08:43] {nemo} hola fern
[08:43] {fernp} nemo
[08:43] {Threei} fern :)
[08:49] {ese} awwwwwwwe i didn't get the smile face..........sniffle sobb...whine........
06[08:50] * nemo slaps ese around a bit with a large trout
[08:50] {ese} ok i'm better now.......phew
[08:50] {Threei} there is always a smile somewhere deep in my soul
[08:50] {ese} tks vad
[08:50] {Threei} smile... smirk... sarcastic snarl...
[08:52] {Threei} sardonic sneer
[08:52] {nemo} malevolent mirth
[08:52] {nemo} mmhhhh...this is the kind of commentary that usually gets a rise out of Raven
[08:52] {ese} mirth......huh
[08:53] {ese} haven't heard that one
[08:53] {Threei} didn't incorporate that yet nemo, but will add it my arsenal
[08:56] {Threei} this is interesting correspondence in numbers:
[08:56] {Threei} 32% Say U.S. Heading in Right Direction
[08:56] {Threei} 32% Confident Congress Represents Their Best Interests
[08:57] {Threei} have we finally nailed the right ratio of idiots?
[08:57] {nemo} no
[08:57] {nemo} much too low
[08:57] {Les} what about the other 32%?
[08:57] {nemo} good one les
[08:58] {Threei} I don't know nemo... maybe we are in a ballpark:
[08:58] {Threei} 45% Say Random Group From Phone Book Better Than Current Congress
[08:59] {ese} lol
[08:59] {nemo} go figure...bad job report consumer discrtionaries up big
[09:00] {nemo} never mind
[09:00] {nemo} some moron hit market buy
[09:00] {ese} by the way.....the mango tea was great last night vad.....but the vivid description of nemo was even better
[09:00] {Threei} lol
[09:00] {nemo} nice ese...think I'll bite?
[09:00] {ese} well..........thought it was a good try
[09:02] {Threei} I exaggerated a bit ese... that third arm above the right shoulder blade is not that pronounced
[09:02] {ese} rotflol.......ya......even i was bitting on tht one
[09:03] {nemo} haven't got a haircut since Vad last saw me
[09:04] {ese} the wild look is good.....
[09:04] {nemo} what's left of it anyway
[09:04] {nemo} amzn rebounded nicely
[09:07] {nemo} gld, fcx up big
[09:09] {ese} anyone heard any rummors re the non farm payrolls......
[09:09] {nemo} down 85k ese
[09:09] {Threei} rumors?
[09:09] {Threei} - Prior Nonfarm Payrolls revised from -11K to +4K (first positive reading since Dec 2007)
[09:09] {Threei} - Prior Manufacturing Payrolls revised from -41K to -35K
[09:09] {Threei} - Birth death adjustment: +59K v +30K prior
[09:09] {Threei} - 3-month avg (with revisions): -64K v -82K prior
[09:09] {strider} VE CMG SPDE CYTX DB
[09:09] {nemo} cmg..omg
[09:10] {Les} oh crap is that -85k!
[09:10] {nemo} YES!!!
[09:11] {Les} so much for the "paint the good news" conspiracy at the BLS some bloggers were predicting
[09:11] {Threei} you know the price of majority of conspiracy theories
[09:11] {Les} do know
[09:11] {Les} now
[09:12] {Threei} about 1 share of CYCC pre-run per dozen
[09:13] {strider} TEN
[09:14] {Threei} CYTX
[09:14] {Threei} Cytori Therapeutics Inc FDA Grants 510(k) Marketing Clearance for Cytoris PureGraft System
[09:14] {Threei} - The first and only device in the United States cleared for aesthetic body contouring using autologous fat. PureGraft allows a patients own fat tissue to rapidly be prepared in approximately 15 minutes for re-injection back into the same patient for aesthetic contouring.
[09:14] {strider} there ya go.
[09:14] {nemo} so, is that code for breast enlargement?
[09:15] {strider} If that's what you need.
[09:15] {dino} gm all
[09:16] {ese} QQQQ heads for the exit after non farm....then bounces back a little....maybe not so bad
[09:16] {Threei} dino :)
[09:17] {dino} just thinking the naz is still way off 5k
[09:17] {Threei} lol
[09:17] {dino} thought you'd like that
[09:18] {Threei} MTEX Randomized, Double-Blind, Controlled Human Study Finds Mannatechs Ambrotose Complex Improves Cognition and Well-Being (3.00, 0.00, 0.00%)
[09:19] {ese} morning dino
[09:19] {Les} I could use that
[09:19] {dino} gm es
[09:20] {ese} improves what
[09:21] {Threei} - announced the results of a randomized, double-blind, placebo-controlled study that shows healthy middle-aged adults who took one teaspoon of Ambrotose complex1 twice daily performed significantly better on memory tasks and were overall more positive in their mood.
[09:21] {Threei} - The significantly better performance on memory tasks and positive effects on mood experienced by the study participants who consumed Ambrotose complex is congruent with beneficial effects on brain functions.
[09:23] {lasertrev} morning
[09:23] {Threei} trev :)
[09:23] {ese} LT
[09:23] {nemo} mini dave
[09:23] {ese} any thoughts about an opening play on cycc
[09:23] {lasertrev} hi all
[09:24] {Threei} only that it will open
[09:24] {nemo} Captain Obvious...been a loooong time.
[09:31] {ese} apol dino -5pts and change
[09:31] {Threei} ICXT, watching for pullback
[09:32] {Threei} 4:41:37 PM
[09:32] {Threei} OSI Systems Inc. Security related stocks trade higher as President Obama discusses steps being taken to increase airport and anti-terror security
[09:32] {Threei} - Obama confirms he has ordered use of more imaging technologies at airport security checkpoints.
[09:32] {Threei} Long Setup: CYTX .50 break
[09:32] {Threei} if stays above .35
[09:32] {strider} offers thin
[09:33] {dino} jst sm l .50
[09:34] {Les} cycc
[09:37] {fernp} ICXT, Vad?
[09:37] {Threei} wiould like couple more min of consolidation before break
[09:38] {Threei} no cuh luck weh
[09:38] {Threei} such
[09:38] {ese} l apol .65
[09:39] {strider} out OSIS +.10, +.05
[09:39] {ese} out apol .88 +.23
[09:40] {dino} gj
[09:40] {Les} RIMM consolidation
[09:41] {strider} don't care. :)
[09:41] {nemo} not listening
[09:41] {Threei} Long Setup: IXCT 9 break
[09:41] {strider} icxt
[09:43] {nemo} is it a short below .90?
[09:43] {fernp} stop is .80 or .90, Vad?
[09:43] {Threei} if sets up from here, under .90
[09:44] {Threei} US) Preview: Nov Wholesale Inventories due out at 10:00ET
[09:44] {Threei} **consensus expectations: -0.3%e v +0.3% prior (expectations range between -1.0% to +0.5%)
[09:44] {ese} in .04
[09:44] {nemo} missed
[09:46] {Threei} half out
[09:46] {strider} CYCC
[09:46] {fernp} ty very much
[09:47] {Threei} 1/4 more out
[09:47] {ese} out icxt .16 +.12
[09:50] {Threei} gravity doesn't exist in CYCC world {G}
[09:50] {strider} glad to know it's shortable.
[09:51] {Les} lol you shocked me so much with your responses to RIMM remark that I didn't realised I had shorted it
[09:51] {Les} out RIMM +.03 ICXT +.08
[09:51] {strider} put :) at end of my comment.
[09:51] {Les} RIMM was a nice setup.
[09:51] {strider} I've just sworn off RIMM for time being.
[09:52] {Les} oh right, now I get it
[09:52] {Threei} ICXT last portion management: stop to under .10, intend to sell above .30
[09:53] {Threei} strider... you swore off RIMM only to start trading AMZN? now I know the ultimate definition of trader's logic
[09:53] {strider} haha
[09:53] {Threei} :)
[09:53] {Les} FCX consolidation
[09:55] {Les} fcx .60 b/o with a little more consolidation?
[09:55] {strider} AMZN is an abdominal exercise.
[09:55] {nemo} mos consolidating near high
[09:55] {Threei} not sure les
[09:55] {strider} inventories at 10
[09:55] {nemo} bathroom at 9:55
[09:56] {dino} out jst .46, +.94
[09:56] {Threei} ELN Hearing vague renewed takeover chatter circulating
[09:56] {Threei} - JNJ and BIIB both rumored as potential acquirers (7.45, +0.12, 1.64%) (related JNJ BIIB )
[09:56] {dino} opps+.96
[09:56] {strider} wtg dino.
[09:56] {strider} wow
[09:56] {dino} ty
[09:56] {nemo} of course mos breaks
[09:58] {patience} nice start to the day dino
[09:58] {dino} ty, lucky, and way soon
[09:58] {ese} l grmn .68
[09:58] {dino} thought it would pull back, but mkt went up
[09:59] {Threei} AIG Certain US Congressmen reportedly seeking hearings on bailout disclosures; with Geithner to testify (29.88, +1.30, 4.55%) (related GS )
[09:59] {dino} this mess would be over if they let capitalism do its job
[09:59] {patience} no kidding
[10:00] {nemo} never has happened
[10:00] {Threei} US) NOV WHOLESALE INVENTORIES: 1.5% V -0.3%E
[10:02] {Les} RIMM .20 b/d
[10:02] {fernp} ALL valid breakout, Vad?
[10:03] {fernp} daily is nice 31 break
[10:03] {Threei} yes
[10:03] {ese} out .55 -.13
[10:03] {nemo} well, nothing holding this market back
[10:04] {Threei} XING?
[10:04] {strider} whoosh!
[10:10] {strider} LDK
[10:10] {Threei} LDK Ticking higher, hearing takeover chatter circulating (7.96, +0.03, 0.38%)
[10:12] {dino} rog
[10:14] {dino} gap fill
[10:15] {Threei} US Labor Sec Solis: President Obama will speak about tax credits and other initiatives to jumpstart economy later today
[10:15] {Threei} - Note: The WSJ reported earlier that Obama was to discuss new funding for manufacturing operations at the post NFP press conference; scheduled for 2:40amET
[10:16] {Threei} new funding eh
[10:16] {dino} azz
[10:16] {Threei} so much for letting capitalism work
[10:16] {dino} sm l rog .00
[10:16] {Threei} they learn nothing... their logic is:
[10:16] {Threei} if we do something and it doesn't work - let's do more of it
[10:17] {dino} we need suppy side econ
[10:17] {dino} and my azz was a stock
[10:17] {nemo} not popular among lefties
[10:18] {strider} personally, I'm ambidextrous
[10:18] {dino} fcn\
[10:18] {nemo} time for the opposable thumb joke
[10:19] {dino} gpn beats, raises and falls
[10:20] {Threei} Long Setup: XING .70 break
[10:21] {Threei} .65 support for hardcore scalpers
[10:21] {Threei} .60 for day traders
[10:21] {nemo} huge orders .75
[10:21] {nemo} offers
[10:22] {strider} immu
[10:22] {Les} seed going momo?
[10:23] {Threei} IMMU Potential Lupus Drug Gains U.S. Patent
[10:23] {Threei} - The patent covers the use of monoclonal antibodies that bind to the CD22 antigen on B-lymphocytes
[10:23] {dino} rog stopped whooshed
[10:23] {strider} long XING .71
[10:23] {Threei} certainly trying
[10:23] {Threei} CYTX... grrr
[10:24] {Threei} it reestablished setup, wasn't watching it
[10:25] {Les} AIG .40 B/D?
[10:26] {Threei} I doubt it, feels rather like bounce to me
[10:26] {Les} K
[10:27] {fernp} SNSS mags
[10:27] {strider} big offers all the way down, XING
[10:27] {Threei} don't see any news SNSS
[10:28] {Threei} a lot of cheap crap flies high
[10:28] {dino} fcn sm l .00
[10:28] {Threei} bull market must be coming to an end
[10:28] {Les} insiders whipping up day traders appetite you mean?
[10:28] {fernp} no news here SNSS
[10:28] {dino} strike action imo, look at the 5s and 0s
[10:28] {Threei} insiders?
[10:29] {Les} whoever
[10:29] {dino} magoo out
[10:29] {Threei} you don't really think insider are buying CYCC at 4?
[10:29] {dino} no
[10:29] {Les} who is whipping up this feeding frenzy?
[10:29] {Threei} who cares?
[10:29] {Threei} why does it matter?
[10:30] {nemo} How the hell would you find out anyway?
[10:30] {Threei} and if you did, what does it change?
[10:30] {nemo} nichts, nada, zip, zed, zero
[10:30] {dino} les, nothing matters
[10:30] {nemo} nihilism
[10:30] {Threei} it's a well known phenomena:
[10:30] {strider} nihilism matters
[10:30] {dino} what you call me, :)
[10:31] {Threei} small caps, especially crappy ones with fundamentals of a broken fridge,un at the end iof the bull market
[10:31] {Threei} nothing new about that
[10:32] {Les} ok. that was what I was trying to understand
[10:32] {Les} how you could call possible end of bull market
[10:32] {Threei} you can't
[10:32] {Threei} not to the day or to the point
[10:33] {Les} but a good red flag for me to understand nonetheless
[10:33] {Threei} you build reasonable expectations based on experience and history, then you wait for technical formations to confirm
[10:33] {Les} k
[10:33] {dino} rog messed w/me
[10:34] {Threei} CYTX, how did I miss that
[10:35] {Threei} whew, finally
[10:35] {dino} end or correction? i see 7-10% dropis all
[10:35] {Threei} out DYAX 3.79
[10:36] {Threei} took way longer than I wanted
[10:36] {strider} you held it two nights.
[10:36] {Threei} yeah
[10:36] {Threei} 5K too
[10:36] {Les} I wish I had communicated with you for stop on DYAX.
[10:36] {Les} cost me a penny in stops
[10:37] {fernp} stopped XING
[10:37] {dino} rog last try sm l .99
[10:37] {Threei} yeah
[10:37] {strider} stopped 1/2 XING
[10:39] {Threei} DYAX may have remembered that it was assigned 9 target
[10:39] {strider} -.06
[10:43] {strider} long HOG .44
[10:43] {nemo} wouldn't be a day without it
[10:43] {Threei} lol
[10:43] {nemo} tck just goes
[10:43] {dino} lol
[10:44] {dino} ride that pig
[10:44] {strider} didn't trade it yesterday.
[10:44] {nemo} kiddin'?
[10:44] {strider} nope
[10:47] {dino} 4 years and i buy one, mid-life crisis planning
[10:47] {nemo} they'll be outlawed as....yuk yuk....gas HOGs
[10:47] {dino} lol
[10:48] {Threei} this is good idea dinio, why waste perfect middle life crisis
[10:48] {dino} already warned my wife
[10:48] {nemo} ah fdx bounced at 200 ma. it's there now
[10:48] {Threei} yup - red sport cabriolet and 23 years old blond mistress
[10:49] {Threei} that's my planning
[10:49] {strider} stopped HOG
[10:49] {dino} fdx crazy trader, 82-40 to 85 every day
[10:49] {strider} I"m not getting fills on Listed through Nasdaq.....
[10:49] {dino} -=.
[10:49] {nemo} fits you perfectly dino
[10:49] {strider} Help, Trev.
[10:50] {lasertrev} same as before?
[10:50] {nemo} place your order a couple of cents above on buys and a couple of cents below on'll get the best available price strider
[10:50] {strider} repeat: I'm not getting executions using nasdaq on listed stocks.
[10:51] {nemo} period?
[10:51] {strider} Trev, can you tell me how to set up options so that works.
[10:51] {lasertrev} pm
[10:51] {strider} If the best bid is not available on nas, I'm not getting it.
[10:52] {Les} vicious snapback from $ after this morns job reports
[10:52] {dino} zany
[10:54] {Les} fcx .34 b/o vad?
[10:54] {Les} hod
[10:54] {strider} Vad, didn't you say you used Nasdaq for listeds?
[10:56] {Threei} yes
[10:56] {Threei} why?
[10:56] {dino} out rog .40, +.41
[10:58] {ese} l bucy .55
[10:59] {ese} ouch......almost stopped in an instant
[11:00] {strider} Vad, I had only ARCA and INET checked under Route out. I thought that was routing out OF those ECNS. Trev tells me that it means any order will be routed TO those ECNs.
[11:01] {strider} Not much detail in the instructions on software.
[11:02] {dino} ttec
[11:02] {Threei} I have them all cvhecked
[11:02] {strider} So do I, n ow.
[11:02] {Threei} my orders swipe everything in sight
[11:02] {Threei} not discriminating agaionst anyone
[11:02] {strider} I misunderstood what checking the boxes did.
[11:03] {Threei} I don't even ytry to understand
[11:03] {dino} solid green scanners
[11:03] {Threei} I want everythin g to hit everything
06[11:03] * strider slaps Threei around a bit with a large trout
[11:03] {strider} Even that?
[11:03] {Threei} checking those boxes does just that
[11:03] {Threei} well
[11:03] {Threei} whatever rocks your boat
06[11:04] * Threei slaps strider around a bit with a large paddle for his boat
[11:04] {strider} XING could rock my boat, if it really wanted to.
[11:05] {dino} gpn wants to test lows
[11:05] {Les} AIG .25 b/d w .40 stop?
[11:06] {Threei} can't twell
[11:06] {Threei} not active enough
[11:06] {dino} odfl going for gap fill
[11:06] {Les} k
[11:07] {ese} stopped bucy .38 -.17 daaaaaaaaaaaaaaaa!!!!!!!!!!!!!1
[11:08] {dino} joyg took off
[11:09] {dino} ulta
[11:11] {ese} and ya know dino.......i was tossing up bucy and joyg......daaaaaaaaaaa!!!!!!!1
[11:11] {dino} they trade like "pulp"
[11:12] {dino} rinses
[11:12] {ese} definetly
[11:12] {dino} "pulp moves baby"
[11:14] {fernp} this time worked XING (same idea) ty Vad
[11:14] {Threei} :)
[11:14] {nemo} seed active again
[11:18] {ese} Lapol .59
[11:19] {strider} big offer at .80 XING
[11:19] {strider} would that cause you to exit at .79, vad?
[11:20] {Threei} depends... no straight answer
[11:20] {Threei} momo movers tend to eat those offers like they haven't had lunch in a week
[11:20] {strider} XING is momo?
[11:21] {dino} missed odfl by .08
[11:21] {Threei} started as such, look at around 10 am
[11:21] {strider} yeah
[11:22] {dino} fcn stopped -.35
[11:23] {Les} l fcx .71
[11:23] {Les} stop .60
[11:25] {dino} what the heck fcn
[11:26] {dino} same move rog did
[11:26] {Les} all out .80 +09. I see spy has some resistance to push through
[11:26] {strider} out -.03 balance of friggin XING
[11:26] {dino} jst contnues to recover
[11:28] {strider} dino, whatcha think of DMAN?
[11:28] {dino} you are d'man
[11:28] {Threei} rofl
[11:28] {strider} aw, geez
[11:28] {fernp} wow XING
[11:28] {dino} beat
[11:29] {nemo} fdx boys and girls
[11:29] {strider} XING blows
[11:29] {Threei} Logan Airport (Boston) temporarily closed due to Delta Connection airliner evacuation - CNN
[11:29] {Threei} - 28 people were on board; evacuation due to smoke in cockpit.
[11:29] {Threei} - Airport official comments that a suspicious smell in the incident may have been from de-icing fluid.
[11:29] {dino} i like it around 7.50 on a retest. that seems to be pattern today
[11:29] {strider} thx
[11:30] {strider} btw, you are D-Man
[11:30] {dino} at least thats how i'm getting rinsed
[11:30] {patience} would it be too much to ask for some definitive movement in the market today.....3 trades so far....all poor entries on my part....arghhhhhh!!!!!
[11:30] {dino} fdx wants that 82.40 area i mentioned earlier
[11:30] {dino} lol
[11:30] {strider} {--------------phoning in pizza delivery for patience.
[11:31] {patience} ty strider
[11:31] {strider} At least that will make you feel better.
[11:31] {dino} lol patience, last 3 days busy as hell here
[11:31] {patience} i'll eat it on the treadmill while i'm watching my trades lose money
[11:32] {strider} I'm 1 for 3 here...+ an overnight win.
[11:39] {Les} one day i'll learn to fade
[11:40] {Les} spy failed to break resistance, fcx went with it. sigh
[11:41] {ese} out apol .73 +.14 6k of the little buggars
[11:41] {dino} wtg
[11:42] {magoo} ello mates
[11:42] {ese} tks......bizzare couple of days here
[11:42] {ese} mmmmmmmaaaaaaagggggggoooooooo!!!!!1
[11:42] {Threei} hey mags
[11:43] {Threei} missed couple momos...
[11:43] {Threei} ICXT was totally for you
[11:43] {magoo} ya ya..had to plow
[11:44] {Threei} snow?
[11:44] {dino} who?
[11:44] {Threei} lol
[11:44] {magoo} no..women lol
[11:44] {nemo} reminds me of a joke
[11:44] {Threei} don't
[11:45] {nemo} just remember to edit around 11:45
[11:45] {nemo} I told it before anyway
[11:45] {dino} jst feels like it wants to explode up
[11:45] {nemo} joyg migh be long here ese
[11:45] {nemo} getting near lunch though
[11:46] {ese} tks nemo
[11:48] {nemo} there ya go ese
[11:48] {nemo} .15 or so 20k of the little buggers, you're golden
[11:50] {dino} jst
[11:50] {ese} nice move joyg nemo
[11:50] {nemo} pure price volume read
[11:51] {dino} gj nemo
[11:54] {nemo} gotta' head out for a little bit...folks...fdx been giving clear signals, it's been on a downward crossroads here
[11:54] {dino} cya
[11:54] {fernp} bye nemo
[11:56] {Les} thanks man
[11:59] {dino} fcn retry ,.01 sm l
[11:59] {fernp} when do you go to Bahamas, Vad? this weekend or the next one?
[12:00] {Threei} Thursday
[12:00] {fernp} k
[12:00] {Threei} and the week after is going to be a short one
[12:00] {Threei} so you are not even going to start missing me
[12:00] {fernp} :-)
[12:00] {Threei} before I as a bad dream is back
[12:01] {Threei} "I is" or "me are"? which is correct?
[12:02] {fernp} dont know, but i understand you :-)
[12:03] {strider} short AMZN .91
[12:03] {Threei} that should scare you fern
[12:03] {fernp} lol
[12:04] {Les} short AIG .30 for a daytrade stop .40
[12:04] {Threei} DYAX exit is 2 cent below high
[12:05] {Threei} how's that for precision
[12:05] {Les} it obviously forgot its price target
[12:06] {Threei} oh well... memory of a moth, even very karge moth, is still short
[12:06] {Threei} very large moth - reread The Best of Dino
[12:07] {Threei} which today got replenished with
[12:07] {Threei} [11:28] {strider} dino, whatcha think of DMAN?
[12:07] {Threei} [11:28] {dino} you are d'man
[12:11] {dino} lol
[12:13] {ese} l joyg .19
[12:14] {ese} out joyg .32 +.13
[12:15] {Les} nice one
[12:16] {dino} watching abfs, cnwe, odfl, as fdx took off
[12:16] {dino} also kss off of .00
[12:16] {dino} cnw
[12:17] {dino} odfl filled
[12:17] {dino} open gap that is
[12:18] {Les} AIG rinseout
[12:19] {Threei} look at all the crap rushing in with news:
[12:19] {Threei} HYGS Awarded development contract with Canadian Space Agency
[12:19] {Threei} - Contract is for the development of a next generation power system to be used for surface mobility ... (0.48, +0.04, 9.09%) more...
[12:19] {Threei} NEXM Provide corporate update
[12:19] {Threei} - expects to hear from Health Canada concerning the approvability of its New Drug Submission (NDS) f... (0.32, -0.00, -0.16%) more...
[12:19] {Threei} Market Internals update at 12:00pmET
[12:19] {Threei} - NYSE volume 410M shares, about 8% below its three-month average; decliners lead advancers by 1.4:1.
[12:19] {Threei} - NASDAQ volume 970M shares, about 8% above its three-month average; advancers lead decliners lead advancers by 1.2:1.
[12:19] {Threei} - VIX index -2.75% to just over 18.50
[12:19] {ese} tks nemo by the way for the heads up on joyg
[12:20] {Threei} what is the VIX all time low?
[12:22] {Les}
[12:22] {strider} 0
[12:22] {Les} 10 looks about it
[12:23] {dino} next week option exp. should get vix moving
[12:24] {patience} will be welcome
[12:25] {patience} silver wheaton up today after stopping me out yesterday....i'm in hudbay today which is snoring soundly.....oh sigh
[12:26] {dino} patience i had esi on tues. at 94, sold for slight loss, now over 100
[12:27] {strider} Maybe I'll follow Patience' lead, and move my exercise bike up from the basement.
[12:27] {patience} the problem in entries is me,i know how to read charts and movements
[12:28] {strider} AMZN can take a long time to work out.
[12:28] {patience} i'm on the treadmill now....2 hours during the market...might as well do something productive
[12:29] {dino} 2 mile walk every morning w/dog
[12:29] {dino} -5lbs since new year
[12:29] {strider} I've got some dumbbells here. Can only do so much of that.
[12:29] {strider} Your dog lost 5 lbs.?
[12:29] {Les} ?
[12:29] {dino} bowflex and treadmill in office
[12:29] {dino} lol
[12:30] {patience} setting up screens in front of treadmill so it doesn't obscure bnn was challenging
[12:30] {strider} My little office really isn't big enough for all that stuff.
[12:30] {dino} half to walk down hall, but at 4:00 bowflex
[12:30] {patience} i have rowing machine, bike, stairmaster, weights, treadmill.....i'm motivated
[12:30] {strider} Maybe I'll just think about patience on the treadmill. Think that will be as good?
[12:31] {dino} indeed
[12:31] {nemo} back, anybody get fdx break?
[12:33] {dino} fcn stopped again, off my screen
[12:34] {fernp} bizarre week
[12:35] {strider} don't much like this AMZN. Holding too well.
[12:38] {nemo} mos break .40?
[12:38] {nemo} although breaks at lunch....ehhh
[12:39] {strider} There you go, talking to yourself again.
[12:39] {nemo} volume right though
[12:39] {strider} AMZN bid at .37
[12:39] {nemo} only person with whom I can have an intelligent conversation
[12:40] {strider} harumph!
[12:41] {Les} fdx 84 b/d
[12:42] {nemo} frickin' mos breaking out at lunch like that
[12:43] {nemo} worth a try if this volume can't move the stock up...same caveat about lunchtime break down
[12:44] {nemo} qs and spy might break out though
[12:44] {Les} yeh can see that. will do dinner instead
[12:44] {strider} out AMZN .37 +.54
[12:45] {fernp} gj
[12:45] {strider} abs of steel.
[12:45] {dino} wtg
[12:45] {strider} thanks.
[12:49] {dino} gpn lod
[12:50] {strider} back in a few.
[12:54] {nemo} what a recovery UPS raising guidance cutting 1800 jobs
[12:55] {ese} ahhhh nemo your back.....thanked you earlier for the heads up on joyg.....went for the .20 break ..filled .19 sold .33
[12:55] {nemo} kewl
[12:55] {nemo} fdx had a nice break right after I left
[12:55] {ese} Q..all......
[13:01] {nemo} interesting chart bbby
[13:04] {Threei} AIG White House Pres Sec: US Treasury's Geithner was not involved in the AIG emails from the NY Fed; Geithner has the confidence of the President (29.20, +0.62, 2.17%) (related GS )
[13:04] {Threei} Hearing Lazard making positive comments on alternative energy names (timing uncertain) (related TAN FSLR TAN GRID ITRI YGE CREE )
[13:04] {dino} gpn sm l .71
[13:06] {fernp} CAT long cosolidation on highs
[13:10] {Threei} 59% Favor Racial, Ethnic Profiling For Airline Security
[13:14] {nemo} amzn back over the 132 threshold
[13:14] {nemo} will probalby test 133
[13:14] {nemo} 133.20
[13:15] {strider} you buyin?
[13:15] {nemo} no, I wasn't looking
[13:16] {nemo} last buyin would have been .90 but .35 stop too much
[13:18] {dino} gpn stopped -.24
[13:18] {Les} LVS
[13:19] {dino} plce hod
[13:20] {Les} AIG gave ideal b/d after rinseout.
[13:21] {dino} kss at trig
[13:21] {strider} this may be a goofy trade, but: long VE .37, for swing.
[13:21] {strider} stop under .00
[13:22] {strider} will appraise at eod, for o/n hold
[13:34] {ese} gotta go all....have a great weekend
[13:34] {strider} you too, ese.
[13:34] {Threei} take care ese, have a good one
[13:34] {strider} beat those drums.
[13:34] {fernp} bye ese
[13:34] {Threei} and drummers
[13:35] {dino} cya es
[13:35] {Les} bye ese
[13:35] {dino} dji wants green
[13:36] {Threei} Fed's Lacker: Commercial Real estate likely to be a sizeable drag on growth in near term; housing and auto sector no longer causing a drag for growth
[13:36] {Threei} that's a bild statement
[13:36] {Threei} bold
[13:37] {dino} what world does he live in
[13:37] {strider} I don't understand why SRS doesn't go up.
[13:37] {Threei} ummm
[13:37] {Threei} because market doesn't go dopwn?
[13:38] {Threei} what do you think SRS is? :)
[13:38] {nemo} financials are a big part of srs
[13:38] {strider} ultrashort real estate
[13:38] {nemo} has many of the components of skf
[13:38] {Threei} so why would it go up?
[13:39] {dino} reits have been doing very well
[13:39] {strider} because of lagging realestate?
[13:39] {dino} talking heads strider the big reits are rocking
[13:39] {strider} But isn't commercial doing poorly?
[13:40] {nemo} so isn't the economy...what's your point?
[13:40] {dino} not the stocks
06[13:40] * nemo slaps strider around a bit with a large trout
06[13:40] * nemo slaps strider around a bit with a large trout
[13:40] {dino} residential is the drag
[13:40] {strider} eat a fish, nemo.
[13:41] {nemo} that's cannabilism to me
[13:41] {strider} .what's your point?
[13:41] {nemo} har har har
[13:42] {strider} I keep watching SRS, and O (the stock) waiting for a dump. Just simple minded, I guess.
[13:42] {nemo} there's no reason for stocks to go down, no other alternatives
[13:43] {strider} live in igloos.
[13:43] {nemo} have to make new ones every year
[13:43] {strider} Or you could rent my rental house. IT's empty.
[13:45] {dino} strider, most of the big "commercial" real estate companies issued equity months ago, they are fine and moving up
[13:45] {nemo} besides...they know they'll get bailed out because they're backed up by the big banks
[13:45] {dino} it is the banks dumping the houses that remains the problem, imo
[13:46] {nemo} or not dumping them
[13:46] {dino} i think equity issuance took care of that nemo
[13:47] {nemo} yeah, they don't have to, so no write offs to reserve ratios
[13:49] {strider} OK.........obviously I don't understand such stuff.
[13:49] {nemo} Vad'll explain it to you
[13:50] {strider} you mean trades AND knows stuff?
[13:50] {strider} he
[13:50] {nemo} amazing fellow that Vad
[13:50] {dino} he's the wizzard of oz
[13:51] {Threei} I know no stuff
[13:51] {nemo} surely you jest
[13:52] {dino} gpn last try .50 sm l
[13:53] {strider} I think I'll start taking dino's trades that he calls "last try".
[13:54] {nemo} perfect volume formation
[13:56] {nemo} tck at support
[14:00] {fernp} FAZ, Vad?
[14:03] {Threei} looks tempting
[14:03] {dino} ftnt
[14:05] {dino} news ftnt?
[14:06] {Threei} nothing since Jan 6
[14:06] {dino} which wasn't much
[14:10] {Threei} Fed's Lacker; Must be careful on timing of withdrawal of monetary stimulus
[14:10] {Threei} Market Internals update at 2:00pmET
[14:10] {Threei} - NYSE volume 585M shares, about 8% below its three-month average; decliners lead advancers by 1.1:1.
[14:10] {Threei} - NASDAQ volume 1.43B shares, about 10% above its three-month average; advancers lead decliners lead advancers by 1.3:1.
[14:10] {Threei} - VIX index -4.5% to just over 18.00
[14:12] {Les} Vad, GS .10 b/d with .25 stop?
[14:12] {Threei} small shares
[14:12] {Threei} volatile one
[14:13] {ilana} HGSI b/d?
[14:14] {Threei} no idea... no read on tis one at all
[14:23] {strider} ebitda.......sounds like Elmer Fudd talking.
[14:23] {dino} cnw sm l .00
[14:25] {dino} wow selleres at .00 gpn
[14:25] {nemo} yeah
[14:25] {dino} buyers too, lol
[14:25] {dino} thing is scrolling
[14:26] {nemo} which ones are the saps?
[14:27] {dino} not i, i hope
[14:27] {strider} you long, dino?
[14:29] {dino} yes from .50 posted above
[14:29] {strider} good deal.
[14:29] {dino} can't get thru .00
[14:29] {strider} gonna have to buy more.
[14:30] {dino} stop to .97
[14:30] {nemo} lotta buying of bid, but supply keeps coming
[14:30] {Les} out GS -.03. botched the entry. don't like it jumping around like a jelly bean
[14:30] {strider} there ya go.
[14:31] {dino} :)
[14:32] {dino} to .06
[14:32] {nemo} why not .00?
[14:33] {dino} a .10 same thing
[14:33] {dino} stopped +.56
[14:34] {dino} ftnt fell w/o me, wanted re-test
[14:34] {strider} gj
[14:35] {dino} ty
[14:35] {fernp} i like your stops, dino gj
[14:40] {dino} thx
[14:42] {strider} where is the close today, higher or lower?
[14:44] {dino} here
[14:44] {dino} vad, how'd we miss cal short?
[14:44] {strider} vad's already in the Bahamas.
[14:45] {Threei} I wish
[14:45] {strider} in thought.
[14:45] {dino} clw
[14:46] {dino} thin
[14:46] {strider} no news here
[14:46] {Threei} it looks bottoming to me dino
[14:46] {Threei} CAL
[14:49] {dino} maybe, not really moving tho
[14:49] {dino} fcn capit phase maybe
[14:49] {strider} move VE stop to .35, entry .37
[14:50] {Threei} with market still locked, no clear play, but may forma range, say 20-20.07
[14:50] {dino} agree, w/size and lod stop
[14:52] {strider} Schwarzennegger will ask Washington for %.9B in aid.
[14:52] {strider} 6.9
[14:52] {dino} plce triggered
[14:53] {fernp} Have a nice weekend everybody. See you all on Monday.
[14:53] {dino} theres .07
[14:53] {Threei} take care fern
[14:53] {strider} adios, fern.
[14:53] {Les} bye fern
[14:53] {dino} u2 fern
[14:53] {nemo} vaya con...
[14:54] {strider} Vad, curious thing on VE. Lots of buying above BO. Very slow stock, so don't understand why.
[14:54] {Threei} let me observe
[14:56] {nemo} what time the rally start Dino?
[14:58] {Threei} Key West temperatures break 131 years old record low
[14:59] {strider} I think maybe somebody was buying at market.
[15:00] {dino} 3:05-3:20, but i think we close about here
[15:00] {Threei} Fed's Lacker: Favors asset sales in exit policy; but it is possible that the interest rate on excess reserves could act as new policy target - comments to reporters
[15:00] {Threei} - Notes Fed is still discussing which tools and what sequence would be best for exit strategy.
[15:00] {Threei} - Low and stable inflation is the best environment to foster growth.
[15:00] {Raven} lots of broked pipes in Key West I bet
[15:00] {dino} global warning, lol. we'
[15:01] {Raven} broked?
[15:01] {Raven} jeeze
[15:01] {nemo} thangy
[15:01] {Threei} contagious, aren't we
[15:01] {strider} I didn't want to say anything.
[15:01] {nemo} o.k. cracking a bottle of something
[15:01] {patience} get that bird a martini
[15:01] {strider} figgured it was a Michigan thing.
[15:01] {nemo} cognac
[15:01] {nemo} works for me
[15:01] {Raven} yes ... patience !!!
[15:02] {nemo} I got a shotgun? :)
[15:02] {dino} had one last night watching tv
[15:02] {Raven} I have several shotguns
[15:02] {strider} Do Ravens eat crow?
[15:02] {nemo} skip it...go with the heavy barrel model 70 in '06
[15:02] {Raven} occasionally
[15:03] {dino} i was talking maryini
[15:03] {Threei} who would want a heavy barrel model
[15:03] {dino} ]martini
[15:03] {nemo} long distance work
[15:03] {Raven} a goose hunter'
[15:03] {dino} but yeah, couple shotguns too
[15:03] {nemo} started snowing like hell here
[15:04] {nemo} 10 gauge?
[15:04] {dino} we had 3" of snow last night nemo, sending it to yoiu
[15:04] {patience} my waterfront back garden is forming again
[15:04] {nemo} 31/2"
[15:04] {Threei} US) Nov Consumer Credit (y/y): -$17.5B v -$5Be (10th straight decline)
[15:04] {Threei} - prior revised from -3.5B to -4.2B
[15:04] {strider} There, vad. Offer was at .38, sale at .389
[15:04] {Threei} yup, see it
[15:04] {Threei} just lkate prints I think
[15:04] {Threei} late
[15:04] {strider} Oh.
[15:05] {Threei} 9/10 of a cent
[15:05] {Threei} who cares
[15:05] {strider} {-------consulting Nostradamus for esoteric meaning.
[15:05] {nemo} of what?
[15:05] {strider} pay attention.
[15:06] {strider} out of market sales.
[15:06] {nemo} palm up big
[15:06] {nemo} didn't get the nostradamus relationship
[15:07] {strider} wasn't any.
[15:07] {Les} anyone have a name for MS' chart formation?
[15:07] {strider} pointy thing.
[15:07] {Les} teepee? Mountain?
[15:07] {Threei} yup... cobra's hood
[15:07] {Raven} pointy thang?
[15:07] {nemo} that
[15:07] {nemo} that's impressive
[15:08] {Threei} pointy thong?
[15:08] {Raven} hmmmm
[15:08] {nemo} must be friday...we're losing it
[15:08] {nemo} lets see if amzn makes a liar out of me and doesn't make it to
[15:13] {dino} there's your rally nemo
[15:13] {Threei} guess who is on TV
[15:13] {nemo} Nancy Kerrigan
[15:14] {strider} Conway Twitty?
[15:14] {nemo} Shania Twain
[15:14] {strider} and the Twitty Birds?
[15:14] {Les} Og Mandino?
[15:14] {Les} haha you know its friday
[15:14] {nemo} I'll have to look that one up
[15:15] {Threei} hah
[15:15] {Threei} create jobs that "can't be outsourced"
[15:15] {nemo} GFL
[15:15] {dino} lol
[15:16] {strider} short GFL, .00
[15:16] {Les} FAS is range bound. Might be topping out here. or b/o
[15:16] {strider} Vad, any news on Palm?
[15:17] {Threei} nothing fresh
[15:18] {Threei} US President Obama: Jobs report today highlights that the Road to recovery is 'never straight'; confirms Clean Energy initiative
[15:18] {Threei} - highlights DOE plan announced earlier for $2.3B in job credits designed to create 17K jobs
[15:18] {Threei} - Reminder: Recovery Act investments of up to $2.3B for advanced energy manufacturing facilities will generate more than 17,000 jobs. This investment will be matched by as much as $5.4B in private sector funding likely supporting up to 41,000 additional jobs.
[15:18] {strider} thks
[15:20] {dino} a whole 17k jobs, joke
[15:20] {Threei} at the price tag about 13-14K per job
[15:21] {dino} guys' an idiot
[15:21] {Threei} so, let's see... US lost this year how many jobs?
[15:21] {Threei} about 15 mil?
[15:21] {Threei} multiply that
Session Close: Fri Jan 08 15:22:06 2010

Session Start: Fri Jan 08 15:22:06 2010
Session Ident: #discussions
02[15:22] * Disconnected
02[15:27] * Attempting to rejoin channel #discussions
03[15:27] * Rejoined channel #discussions
[15:27] {Threei} lost connection
[15:30] {strider} Better than lost in translation.
[15:31] {nemo} Scarlett Johanssen
[15:31] {strider} Though that was a very good movie.
[15:31] {strider} YES.
[15:31] {strider} And one of my favorites......A Love Song for Bobby Long.
[15:31] {strider} Johanssen.
[15:31] {nemo} oh yeah, that was good
[15:32] {dino} hottie
[15:32] {dino} jst c'mon
[15:32] {nemo} understatement
[15:32] {nemo} jeezus, amazon's gonna make a liar out of me by .03
[15:33] {strider} Maybe not. AMZN tries to have a price that's right for everyone.
[15:34] {dino} out jst .61, +.61
[15:34] {strider} you're rockin today dino.
[15:35] {dino} just lucky
[15:35] {dino} lots of big moves, my kind of trading
[15:36] {ilana} lol, lucky... love when you say that every single winning trade
[15:36] {dino} you know what i think larisa
[15:36] {ilana} almost larisa
[15:36] {dino} profits = luck, losses = skill
[15:36] {dino} oops sorry ilana
[15:37] {dino} eyes tired
[15:37] {strider} there was a print of .38 with .35 as offer.
[15:37] {strider} VE
[15:38] {strider} Must be late.
[15:38] {nemo} there it is
[15:38] {dino} long week
[15:38] {strider} Is that common?
[15:38] {dino} c'mon plce
[15:38] {Threei} Market Internals update at 3:30pmET
[15:38] {Threei} - NYSE volume 735M shares, about 12% below its three-month average; decliners lead advancers by 1.1:1.
[15:38] {Threei} - NASDAQ volume 1.8B shares, about 7% above its three-month average; advancers lead decliners lead advancers by 1.3:1.
[15:38] {Threei} - VIX index -3.75% to just under 18.50
[15:39] {Les} woha pimp my market
[15:40] {strider} There's your AMZN price, nemo
[15:41] {strider} something for everyone.
[15:41] {nemo} [15:38] {nemo} there it is
[15:41] {strider} oh, well.
[15:42] {dino} plce to .25
[15:42] {dino} now somebody give cnw a boost
[15:42] {Threei} Short Setup: CYCC 2.98 break
[15:43] {dino} nemo, i was wrong on rally
[15:44] {nemo} we both knew it was coming
[15:44] {dino} did not expect this much
[15:45] {nemo} I did...what is the most frustrating thing at the end of a long week of grinding up
[15:45] {nemo} rally
[15:45] {dino} hmmm, i was thinking empty bottle
[15:45] {nemo} that's easy to remedy
[15:45] {dino} to .30
[15:46] {dino} out plce .30, +.30
[15:46] {strider} luv dem roun numbas
[15:47] {Threei} {roun numba} we luv you too stridee
[15:47] {dino} i don't think cnw has it in it
[15:48] {strider} thankee, vad.
[15:49] {dino} lol had open buy order on clw still in, just saw it (54.75)
[15:50] {dino} 181 eagle classic rock, really good today
[15:51] {dino} cnw to .07
[15:53] {ilana} cycc - classic salmon, nice one, vad
[15:53] {dino} out +.07
[15:53] {dino} lunch $
[15:53] {Threei} too close to eod ilana
[15:54] {ilana} yup, no time for development
[15:54] {patience} another flat day....
[15:55] {dino} up 5 in row, but running light still
[15:55] {dino} deck
[15:55] {ilana} "light"?
[15:55] {nemo} not making his numbers
[15:55] {ilana} ooooh
[15:55] {dino} yeah, about 65% of min.
[15:56] {dino} gave too much back m, w, th
[15:57] {patience} geither/aig story has legs...let's see spin on this over the weekend....something to cheer me up :)
[15:57] {Threei} I will drink happily when he is kicked out
[15:57] {dino} maybe spitzers gal is involved
[15:58] {dino} nemo you had fdx dialed. never hit my 82.40
[15:59] {patience} honestly, alternative energy announcement today made me laugh out loud, talk about Rome burning
[15:59] {Les} guess Americans didn't want to be left behind European initiative to create trans continental grid
[16:00] {dino} he doesn't get reality patience. he'd rather thos than get people working. this stuff costs jobs
[16:00] {Les} ty vad. bon weekend a tous
[16:01] {dino} very simple solution, cut regulations, stop thios heath care bill, lower taxes (or as john galt would say, "get out of the way")
[16:01] {patience} et vous Les
[16:01] {Threei} thank you all
[16:01] {Threei} have a good weekend
[16:01] {magoo} u 2 vad
[16:01] {nemo} P&Q
[16:01] {strider} thanks, vad. see you monday
[16:02] {Threei} "get out of the way" is exactly it dino
[16:02] {Threei} and exactly what they'll never do
[16:03] {dino} seriously, all of these new regulations, unbelievable. i have buddies that employ 20-30 each and they are not hiring because of these new costs (heath, cap & trade, higher taxes, etc)
[16:05] {Threei} only crazy would risk expanding in this climate
[16:05] {dino} exactly
[16:05] {dino} anyway, gotta hop, take care all