Tuesday, January 12, 2010

Jan 12 2010

Much better trading today as VIX raises and volatility returns, paired with first signs of trend. Most trades on a short side, most worked nicely. Some were capable of much more than a scalp, like DNDN short off $30.

Session Time: Tue Jan 12 00:00:00 2010


[08:01] {Threei} SNTA Presents Results at AACR-IASLC Demonstrating Potent and Synergistic Activity of STA-9090 in NSCLC Cell Lines Including Mutated EGFR, HER2, and KRAS (4.48, 0.00, 0.00%)
[08:05] {Threei} NVAX Announces Positive Preclinical Results for its Respiratory Syncytial Virus (RSV) Vaccine Candidate (3.02, 0.00, 0.00%)
[08:06] {nemo} I know Strider..."Shut up, nemo!"
[08:07] {strider} Just no psychoanalysis of word usage, please.
[08:07] {nemo} beyond my ken
[08:08] {nemo} do my eyes deceive me, or have things pulled back a bit?
[08:09] {nemo} having said that LVS basically flat
[08:10] {Threei} US) Preview: Nov Trade Balance due out at 8:30amET (13:30 GMT)
[08:10] {Threei} **consensus expectation: -$34.6Be v -$32.9B
[08:30] {Threei} *(US) NOV TRADE BALANCE: -$36.4B V -$34.6BE
[08:31] {Threei} CPST Receives Order for C1000 Power System (1.42, 0.00, 0.00%)
[08:34] {Threei} HIG Announces Estimated 4Q 2009 Core Earnings Of Between $1.45 And $1.60 Per Diluted Shr (26.17, 0.00, 0.00%)
[08:37] {strider} from yesterday: out SEED, -.04. Out MMR, +.71
[08:40] {Les} and who said these setups don't work?
[08:40] {Les} gj strider
[08:41] {strider} thanks les, gm.
[08:41] {strider} Scattergun technique.
[08:42] {strider} Holding EXXI & MDRX for now.
[08:58] {strider} out EXXI +.165
[09:01] {nemo} exxi
[09:01] {nemo} kewl
[09:02] {nemo} med up this morning
[09:02] {Threei} NKTR Announces Positive Topline Results for NKTR-102 From First Stage of Phase 2 Study in Platinum-Resistant Ovarian Cancer (9.50, 0.00, 0.00%)
[09:02] {Les} taking your meds are you Nemo, that's good
06[09:04] * nemo slaps Les around a bit with a large rusty nail laden 2X4
[09:04] {nemo} guess that was a bit over the top
[09:05] {Les} well you can keep wishing me on your disgruntled postal worker list or you can take action
[09:05] {Les} action is good
[09:05] {nemo} too far away les
[09:05] {Les} shows you care
[09:05] {nemo} and I don't feel like shelling out for the ticket to do it in person
[09:05] {nemo} :)
[09:06] {Threei} you can mail him 2x4 and ask him to do it himself
[09:06] {nemo} Switzerland would probably charge a big import duty
[09:06] {Les} US import?
[09:06] {Les} absolutely
[09:06] {Threei} still cheaper than airfare
[09:07] {Threei} and you can probably claim it as a gift?
[09:07] {nemo} lvs showing some life
[09:07] {Les} :)
[09:07] {Les} just declare it duly when you post it
[09:07] {Threei} HIG stays up
[09:08] {nemo} hig med lvs
[09:08] {Les} bear flag in HIG?
[09:08] {Threei} is it my english, or "teachable moment" is really not a very good grammar?
[09:08] {Les} or descending triangle?
[09:09] {nemo} it's fine...we'll just call you the Ukranian Obama
[09:09] {Threei} neither les
[09:09] {strider} A bear flag comes after a downtrend.
[09:09] {Threei} just consolidation
[09:09] {fernp} Good morning everybody
[09:09] {Threei} fern :)
[09:09] {Les} bull flag
[09:09] {nemo} debatable fern
[09:09] {Les} crap sorry
[09:09] {Threei} no really
[09:10] {Threei} moment that teaches or has potential to teach = teaching moment
[09:10] {Threei} teachable moment = moment which you can teach something
[09:10] {Les} ok ok
[09:10] {Threei} no?
[09:10] {Les} just consolidation
[09:10] {Les} I like that consolidation
[09:11] {nemo} mgm strong too
[09:11] {nemo} wynn not
[09:16] {Threei} hard to judge NVAX
[09:17] {Threei} normally this one fizzles out very quickly after some medocre news
[09:17] {Threei} but once in a blue moon it gets going
[09:17] {Threei} really can't tell which case it is today
[09:19] {Threei} Semiconductors Holders Trust Jeffries comments on expectations for semiconductor industry in 2010 (timing uncertain)
[09:19] {Threei} - Jeffries notes that "results and guidance are generally better all around yet expectations are high...and channel inventory levels are relatively healthy across the board." Expects the secular stories to outperform the cyclical names in 2010. Also notes that one concern is "stretched lead times."
[09:19] {Threei} - Top picks are BRCM, MRVL, QCOM, TXN, ATHR, SLAB, XLNX, CAVM, CY, NETL, and MLNX.
[09:21] {Threei} US) FL: Central Florida citrus growers fear more over night freeze damage
[09:21] {nemo} amzn
[09:23] {lasertrev} gm
[09:23] {Threei} trev :)
[09:24] {Threei} AA forms DBI
[09:24] {Threei} dpon't really want to rely on pre-market formations but will keep an eye
[09:25] {nemo} infy
[09:25] {nemo} pru got the hig
[09:25] {Threei} sos did MET?
[09:26] {nemo} afl
[09:26] {nemo} frickin
[09:26] {nemo} duck
[09:26] {nemo} goose
[09:26] {nemo} whatever
[09:26] {nemo} I know Strider...
[09:27] {Threei} meds nemo
[09:27] {nemo} cognac work?
[09:27] {Threei} diluted with vodka, maybe
[09:27] {nemo} what was I thinking...
[09:28] {Threei} ok, my mind is already on Bahamas... what's with you?
[09:28] {nemo} cabin fever
[09:29] {nemo} amzn popping
[09:29] {Threei} if we are lucky:
[09:29] {nemo} dude
[09:29] {dino} gm
[09:29] {fernp} mine in Mars, Vad
[09:29] {Threei} AA forms nice tight range just abiove 16
[09:29] {Threei} then breaks it for short entry
[09:30] {Threei} dino :)
[09:30] {Threei} I know fern...
[09:30] {Threei} I'll keep Venus jokes for now
[09:30] {ese} morning
[09:30] {Threei} ese :)
[09:31] {nemo} bids at .10
[09:31] {Les} b/d HIG in the making
[09:31] {dino} gps sm s .20
[09:33] {Threei} SEED
[09:34] {nemo} fdx
[09:34] {Threei} Long Setup: CYTX .90
[09:34] {Threei} if stays above .75
[09:36] {dino} jst
[09:36] {Threei} Long Setup: SEED .15 break
[09:37] {Threei} stop under 14
[09:37] {dino} fcn
[09:37] {dino} insurance
[09:37] {Threei} no go SEED
[09:38] {Les} you got a read on fcx vad?
[09:38] {Les} .90 b/d?
[09:38] {Threei} too wide stop
[09:39] {Threei} 86.15
[09:39] {Les} so its bearish. I might try small shares or await further consolidation
[09:40] {nemo} amzn crashing
[09:41] {Les} damn went for coffe
[09:41] {Les} FCX
[09:41] {Threei} how do you go for coffee while expecting a trigger?
[09:41] {Les} my boy just got home from school
[09:42] {Les} wanted some toast
[09:43] {Les} AA consolidation for a b/d?
[09:43] {Les} .90?
[09:43] {dino} amzn watch 125
[09:43] {Les} 16 stop?
[09:44] {strider} MDRX
[09:44] {Les} no go
[09:44] {dino} mflx blood
[09:44] {dino} jst sm .25 trig l
[09:45] {dino} mkt drop cx that
[09:45] {Threei} VNDA Hearing Jefferies making positive comments (timing uncertain) (10.99, +0.14, 1.29%)
[09:45] {Threei} Preview: Jan IBP/TIPP Economic Optimism Index due out at 10:00ET
[09:45] {Threei} **consensus expectation: 48.5e v 46.8 prior
[09:48] {dino} sm l fro .50
[09:50] {ese} L ctsh .81
[09:52] {ese} out ctsh .93 +.12
[09:52] {dino} gj
[09:53] {dino} gps bstop to b/e
[09:54] {Threei} Nevada reports Nov casino Rev $873M , +4.35% y/y; Las Vegas Strip rev +8.25% y/y (related MGM LVS PENN MPEL WYNN MNTG BYD BYI TRMPQ )
[09:54] {Threei} let's wsit out numbers at 10
[09:55] {strider} out MDRX +.55 overnight.
[09:55] {Threei} martket jumps up and down with no discernable pattern, can't find anything tradeable
[09:56] {fernp} PFE Vad?
[09:57] {ese} did another quick in out of ctsh...no time to post .96 to .10 +.14
[09:58] {ese} tks dino
[09:58] {dino} :)
[09:59] {dino} fast as can be can't cathc ese
[09:59] {dino} catch
[09:59] {ese} hmmmmmmm pondering that statement
[10:00] {dino} don't over think it
[10:00] {Threei} JAN IBD/TIPP ECONOMIC OPTIMISM: 48.8 V 48.5E
[10:00] {Threei} LVS... grrr
[10:01] {nemo} lvs going momo
[10:01] {Threei} US FDIC proposes possible plan to connect banker compensation to FDIC fees
[10:02] {ese} have our CAKE and eat it too vad .39 break?
[10:02] {billyc} gm all
[10:02] {Threei} doesn't look right to me ese
[10:02] {Les} hi billy
[10:02] {Threei} billyc :)
[10:03] {Les} vad HIG isn't holding up
[10:03] {ese} tks
[10:03] {nemo} afl is
[10:03] {fernp} LVS pullback, Vad?
[10:04] {Threei} LVS, I would start looking for pullback entry closer to .40- .30
[10:04] {fernp} uff. ok
[10:05] {nemo} big seller .62 lvs
[10:06] {nemo} lvs gonna make another run
[10:07] {Threei} .68 yesterday's high
[10:07] {nemo} .67 today
[10:07] {nemo} there it goes
[10:07] {Threei} if you want to try 2 days break, this is is trigger
[10:08] {nemo} I look like magoo
[10:08] {nemo} ?
[10:08] {dino} cov gps .95, +.25
[10:10] {dino} jst sm l .02 wide, risky
[10:10] {nemo} small spread for you
[10:11] {fernp} UNM any read, Vad?
[10:11] {Les} RIMM consolidating for possible b/o
[10:12] {Threei} UNM, no
[10:12] {Threei} anyone went for LVS?
[10:12] {Les} y
[10:12] {Les} .69
[10:12] {Threei} over 1:1 here
[10:12] {Les} i want more
[10:13] {nemo} settle for Les
[10:13] {Les} now i sound like magoo
[10:13] {Les} infectious character
[10:13] {Threei} poor dino
[10:13] {Threei} as if one magoo was not enough foer him
[10:13] {dino} it's good to be the king
[10:13] {nemo} yeah, but he doesn't have to worry about sitting next to Les
[10:13] {ese} ya know vad........if i'd just get the hang of selling 1/2 and letting half ride with break even stop.......i'd make my day more often.....still in the habit of selling it all.....as i look back at ctsh i smack myself on the side of the head and go "What were you thinkin!!!"
[10:14] {dino} same problem here
[10:14] {Threei} well
06[10:14] * nemo slaps ese around a bit with a large iguana
[10:14] {Threei} it works fine in trending environment
[10:14] {Threei} in a range or chop, your partials will be stoped
[10:14] {ese} single stock or whole market?
[10:14] {Threei} while stops will still be taken on a whole lot
[10:15] {dino} and lets face it, scalping is easier
[10:15] {ese} true
[10:15] {Threei} so it's a kind of matter of adjustment to particular market environemnt
[10:15] {Threei} it's all fine, just don't make either approach "once and forever" thing
[10:16] {ese} ya true
[10:16] {Threei} Short Setup: HIG .80 break
[10:16] {ese} hey nemo....theres a rumor out
[10:17] {nemo} I'll bite
[10:17] {ese} you may becoming to our neck of the woods
[10:17] {Threei} HIG invalidated
[10:17] {nemo} general intention...we'll see how the future plays out
[10:17] {nemo} wouldn't be until summer
[10:17] {dino} moving?
[10:17] {nemo} visit
[10:18] {dino} ahhh, cool
[10:18] {ese} great.....pinor noir or cab?
[10:18] {nemo} Canada would be out of their collective minds to let me immigrate
[10:18] {Les} well yes we can provide character references
[10:18] {dino} lol, we like the crazy ones
[10:18] {Threei} German President of the Health Committee of the Council of Europe, Wolfgang Wodarg, is issuing accusations against the pharmaceutical lobbies and the governments. He has intitiated the start of an investigation by that body concerning the role played by the pharmaceutical in the campaign of panic about the virus.
[10:19] {nemo} I wouldn't be able to bring my class 3s up there
[10:19] {Les} those are guns or drugs?
[10:19] {nemo} former
[10:19] {nemo} drugs have a letter designation in this country
[10:19] {dino} just say no
[10:19] {Les} LVS was stopped out flat
[10:20] {nemo} you guys get any of the Australian Margaret River wines out there ese?
[10:20] {nemo} HIG
[10:20] {Threei} let's see if HIG reestablishes
[10:21] {nemo} looking long now
[10:21] {dino} giddy up fnc
[10:21] {dino} fcn i mean
[10:21] {nemo} Canada's got those 222's...only thing ever worked on my headaches
[10:22] {ese} i'll have to check.....but patience and I have a wine specialty store near by
[10:22] {dino} i told you nemo, stop banging your head against the wall
[10:22] {ese} i see here in there frequently pass out
[10:22] {patience} which i haven't visited since my diet started
[10:22] {nemo} not large production...but if you can find "Ribbon Vale Estates" OMFG!!! Had it when I was in Sydney
[10:23] {nemo} amzn riding support
[10:23] {ese} done! will check this week
[10:23] {fernp} 28.00 break invalidates HIG?
[10:24] {Threei} yes
[10:24] {Threei} bit for the setup I'd like closer resistance
[10:24] {nemo} what's vix at Vad?
[10:25] {Threei} somewhere around 17.5
[10:25] {nemo} ty
[10:25] {ese} speaking of diets ntri
[10:26] {nemo} med too
[10:27] {nemo} look at that med break around 9:50...textbook if you don't mind the stop
[10:28] {nemo} volume beautiful
[10:28] {Threei} STEC?
[10:29] {Threei} oh rumor
[10:29] {Threei} STEC Hearing vague takeover chatter circulating
[10:29] {Threei} - IBM rumored as a potential acquirer.
[10:29] {Threei} - note: STEC formed a collaboration with IBM in Oct 200... (18.66, +0.05, 0.27%) more...
[10:29] {Threei} SPPI UPDATE: Morgan Joseph Raised SPPI to Buy from Hold, price target: $8
[10:29] {Threei} - pre-open
[10:29] {nemo} IBM has solid state technology
[10:30] {nemo} amzn volume spike in this consolidation
[10:36] {ilana} AA should go further down after a/h results?
[10:36] {nemo} marke trending upward though
[10:39] {strider} SNTA
[10:47] {dino} snda
[10:48] {strider} PFE trying again, fern
[10:49] {fernp} let's see if breaks .95
[10:49] {fernp} i took my 1:1 on UNM +.05
[10:49] {fernp} when broke 21.05 hod
[10:51] {Threei} Long Setup: SPY .20 break
[10:52] {Threei} if stays above .10
[10:52] {nemo} sso o.k.?
[10:53] {Threei} ssay what?
[10:54] {nemo} sso the double etf for spy
[10:54] {Threei} ahhhh
[10:54] {Threei} sure
[10:54] {nemo} ty
[10:54] {Threei} better even
[10:54] {nemo} not as dumb as I look
[10:54] {nemo} I know Strider...
[10:55] {Threei} what I don't get though:
[10:55] {Threei} if it's a double, how come it's narrower?
[10:55] {Les} UPRO? 3x the fun?
[10:55] {nemo} oh...maybe because they changed margin requirements last month
[10:55] {nemo} maybe it's not anymore
[10:56] {Threei} well, it's still a valid setup but keep in mind I just go off your info
[10:56] {dino} arb?
[10:56] {nemo} actually, it's about 1/3 the price with the same range as the spy, so the volatility is about 3:1
[10:56] {nemo} spy has a .50 range today
[10:56] {dino} gco, hmmm
[10:57] {nemo} sso has .65
[10:57] {fernp} stop is under .40 in SSO, no?
[10:57] {nemo} for you fern. .05
[10:57] {Threei} .35 SSO range
[10:58] {Threei} your math marks please nemo?
[10:58] {nemo} oh, right
[10:58] {nemo} that's arithmetic
[10:58] {dino} meli
[10:58] {nemo} saw that dino
[10:59] {dino} we screwed up
[10:59] {fernp} PFE broke .95
[10:59] {nemo} big time fubar, the pooch
[10:59] {dino} jst berlin wall at .21
[10:59] {Threei} SEED... this thing irritates me to no end today
[11:00] {Threei} I know it must have its run today and can't get an entry
[11:00] {dino} arb fires ceo for actions not related to company
[11:00] {nemo} secretary
[11:01] {dino} thinking same
[11:01] {nemo} Governor Lepetomain
[11:02] {Les} RIMM .80 b/d?
[11:02] {Les} .90 stop?
[11:02] {Threei} I doubt it les
[11:02] {Threei} all these breakdowns start look like traps to me
[11:03] {nemo} Qs and SPY running in a channel
[11:03] {Les} then I'll happily fade if it breaks out
[11:03] {Les} or just go long on .90 b/o
[11:05] {Threei} NC posrt area cleared
[11:06] {Threei} hazmat situatiopn
[11:06] {nemo} what
[11:06] {Threei} FRPT Ticking higher on reports the JROC has approved 4K vehicle increase in MRAP requirements
[11:06] {Threei} - Reports circulated that the increase was approved in an early January meeting (5.51, +0.06, 1.10%) (related NAV OSK )
[11:06] {Threei} no details yet nemo
[11:06] {Threei} something in NC port
[11:06] {dino} sm l arb .50 hooker
[11:07] {nemo} what do you mean by "hooker" dino?
[11:07] {dino} wide spread
[11:07] {nemo} ty
[11:07] {nemo} I see .03
[11:07] {dino} was .08
[11:08] {Threei} SEED prepares for the next momo run
[11:08] {nemo} break of .40?
[11:10] {Threei} I don't like breaks on momos generally
[11:10] {Threei} pullbacks yes
[11:10] {nemo} so the .20-.25 pullback was it
[11:10] {Les} seed for +.07 ty
[11:11] {nemo} look at resistance lvs
[11:12] {nemo} breaks out from here, looks like 20 next stop
[11:14] {fernp} stopped SSO
[11:15] {Threei} dino... is magoo there?
[11:15] {dino} out jst .82, +.80
[11:16] {dino} not yet
[11:16] {Threei} grrr
[11:16] {nemo} seed
[11:16] {Threei} SEED is his stock once again today
[11:16] {Threei} he cvomes in, instead of hello tell him Vad said SEED
[11:17] {dino} ok
[11:18] {dino} asei
[11:18] {dino} arb stopped -.32
[11:22] {dino} kss lod
[11:22] {Threei} 15 on the nose
[11:25] {dino} stst again
[11:25] {Threei} from the port
[11:25] {nemo} huh?
[11:25] {Threei} conteiners held explosive PETN
[11:25] {dino} up for sale
[11:27] {Threei} let's put defense stocks on the screen
[11:27] {Threei} ICXT
[11:27] {nemo} 200 ma at .15
[11:27] {Threei} and big offer at .14
[11:28] {Threei} if story starts catching up, possible mover
[11:28] {nemo} coincidence...I think not
[11:28] {Threei} don't you frikin hate it?
[11:28] {nemo} Favorite Paul Newman quote: "24 hours in a day, 24 beers in a case...coincidence, I think not."
[11:28] {Threei} when we have to put this kind of news in such context
[11:28] {nemo} sndk
[11:28] {fernp} lol
[11:29] {nemo} veinte cuatro cerveza
[11:29] {Threei} 9 containers
[11:30] {Les} not full of the stuff I hope
[11:30] {nemo} explosives
[11:30] {Les} hidden sporadically throughout 9 containers one would think
[11:30] {Threei} not clear yet Les... containers were punctured, PETN found
[11:31] {Les} 9 containers full of that stuff.... goodbye NY
[11:31] {Threei} how much is not known yet
[11:31] {nemo} "terrorism" doesn't require much
[11:31] {Threei} residents are told to stay away from windows
[11:32] {Les} what is it with NY and terrorism?
[11:32] {strider} PFE is persistent. Having to make new daily high as well makes it tougher.
[11:32] {Les} someone shorting housing prices in the city?
[11:32] {Threei} Moorehead NC
[11:32] {Threei} not NY itself
[11:33] {Les} CNN site doesn't have your article
[11:33] {Les} but they do ask porn stars what they think of airport body scanners...
[11:33] {Les} go figure
[11:33] {Threei} weell, good to know they have their priorities straight
[11:33] {strider} What is this about Moorehead, vad?
[11:34] {ese} L exxi .80
[11:34] {dino} moosehead beer?
[11:34] {Threei} port where it's all happening strider
[11:34] {strider} what's happening?
[11:34] {dino} mkt does not care so far
[11:35] {Threei} hmmm...
[11:35] {nemo} market is having a Vad afternoon
[11:35] {Threei} put down the bottle... scvroll up...
[11:35] {ese} wrong
[11:35] {Threei} or:
[11:35] {ese} opps.....missed the stop....cool
[11:35] {Threei} scroll up keeping bottle close
[11:35] {Threei} you may need it
[11:35] {Threei} and Maalox
[11:36] {nemo} sndk dino
[11:37] {Threei} btw, if anyone is still on the fence about driopping it all and booking last second tickets, here is video ferom the resort where conference is:
[11:37] {Threei} http://www.ourlucaya.com/video.php
[11:37] {nemo} If I hit megamillions tonight
[11:38] {Threei} SEED close to bottom
[11:38] {Threei} STEM Ticks higher on circulation of study that shows promising repair of bone injuries in rat model using stem cells (1.47, +0.06, 4.26%) (related GERN AVII )
[11:39] {Les} s RIMM .69
[11:39] {dino} tx nemo
[11:39] {nemo} what I do
[11:39] {Threei} jeez... containers were punctured ACCIDENTALLY, per latest TV report
[11:39] {Les} the system works
[11:39] {nemo} yeah, they were aiming for the boat at the pier
[11:39] {Threei} sure does
[11:40] {dino} sndk
[11:40] {nemo} oh, yeah, think it might break out...have to have that stop shakeout first
[11:41] {ese} stopped exxi .70 -.10
[11:42] {Threei} anyone went for SEED, start exiting
[11:43] {fernp} FAZ, Vad?
[11:44] {Threei} shorting didn't work much so far fern, but with this story slowly being spread, who knows...
[11:44] {Threei} http://abclocal.go.com/wtvd/story?section=news/local&id=7213601
[11:46] {Threei} http://www.msnbc.msn.com/id/34823390/ns/us_news-life/
[11:46] {ilana} which sectors it might affect?
[11:46] {Les} out RIMM +.10
[11:46] {Threei} morwe and more sitres pick up the story
[11:46] {Threei} general market down, airlines and travel stocks down
[11:47] {dino} fcn to .60
[11:47] {Threei} security stocks up
[11:47] {Les} not CNN. very slow. I thought these guys showed it first
[11:47] {Threei} CNN showed it on TV
[11:47] {Threei} not on the web
[11:48] {Threei} Short Setup: CAL .80 break if stays below .90
[11:49] {Threei} Short Setup: RCL .65 break
[11:49] {Threei} Long Setup: ICXT 8.15
[11:49] {dino} travel
[11:50] {Threei} all these alerts are for the case when a story starts hitting the market
[11:50] {Threei} PCLN looks shorty too but that's not for faint heart
[11:52] {Threei} NWSA Fox news chief Roger Ailes has been fired - Silicon Valley insider citing Michael Wolff (13.71, -0.37, -2.63%) (related CBS DIS VIA )
[11:53] {Threei} FDIC's Bair: Emphasizes new fees are not a bonus tax, but rather a premium burden on high risk pay structures - CNBC
[11:53] {Threei} - Says the premiums are not targeted toward raising revenue for the FDIC fund
[11:53] {Threei} imbecils
[11:54] {Threei} GS Near session lows as reports circulate that one of GS's unit could have shared ideas with the prop tradring before sharing with others (168.35, -3.21, -1.87%)
[11:54] {dino} out fcn .68, +.58
[11:55] {Threei} it just can't be
[11:55] {Threei} GS would never do that
[11:55] {Threei} no bank/broker ever would
[11:55] {Threei} right? right?
[11:55] {nemo} Next thing you know, they'll be saying there's no Santa
[11:56] {Threei} those scondrels
[11:56] {nemo} so LVS takes the hit on the news...go figure
[11:56] {fernp} RCL still valid, Vad?
[11:56] {dino} kss sm l .50
[11:57] {Threei} a bit too sharp in the trigger fvern... not my kjind
[11:57] {Threei} as if my last year near-miss heart attack was not enough, when they tried to tell me something about Easter Bunny not being real
[11:57] {Threei} LVS is one of vulnerable on this kind of news nemo
[11:57] {ilana} lol
[11:57] {nemo} yes
[11:58] {nemo} perfect targets for Islamic jihadists
[11:58] {nemo} guess that's redundant
[11:58] {Threei} yes, and generall travel/tourism related
[11:58] {nemo} check smith&wesson and Ruger
[11:59] {Threei} more details:
[11:59] {Threei} GS Near session lows as reports circulate from NYT's Dealbook that a senior exec at Goldman's Fundamental Strategies Group sent an email to clients acknowledging that the unit may have shared ideas with its prop trading desks before sharing information with clients and others
[12:00] {Les} sounds like a law suit to me
[12:00] {nemo} rcl consolidating a bit, at major support
[12:00] {nemo} next stop .50 as pivot support
[12:01] {Threei} CAL 1:1
[12:01] {fernp} ty
[12:01] {nemo} lvs at 200 ma
[12:01] {Threei} 1:2
[12:01] {Threei} things pick up
[12:02] {Threei} welcome... glad to share proftable moves with co-habitant of Red Planet
[12:02] {Threei} I haver to say, live and learn, always something new
[12:02] {Threei} I have never ever seen reaction on terrorism news being this delayed
[12:03] {Threei} Market Internals update at 12:00pmET
[12:03] {Threei} - NYSE volume 400M shares, about 10% below its three-month average; decliners lead advancers by 3.4:1.
[12:03] {Threei} - NASDAQ volume 970M shares, about 8% above its three-month average; decliners lead advancers by 2.1:1.
[12:03] {Threei} - VIX index +5% to just under 18.50
[12:03] {Les} out RCL +.10 ty
[12:04] {Threei} welcome les
[12:04] {Threei} ok, how about security stocks??
[12:05] {Threei} I'd expect ICXT rto be near 9 already
[12:05] {nemo} short lvs .54
[12:05] {Threei} and it didn't moved its tail 1 inch
[12:05] {dino} forgot one, sm l snda .80 just filled
[12:05] {Threei} didn't moved... nice grammar Threei
[12:07] {Les} I'll be calling Cambridge soon to request new additions to English language
[12:07] {Threei} please claim thwe word KRAKOZJABL on my behalf
[12:08] {Threei} by the time they come around to applications I'll come up with some meaning
[12:09] {Les} we gotta be able to say it without tearing out our tongues Vad. Maybe ok for you russians
[12:09] {Threei} let's see... Ilana, can you say that?
[12:11] {ilana} piece of cake
[12:11] {strider} that's how you say it?
[12:11] {Threei} yeah, I don't know what's with those europians... practice harder Les
[12:11] {ilana} huh?
[12:12] {Les} Vad, continue with RCL short if .50 is broken?
[12:12] {Les} RCL sitting on pivot point
[12:12] {Threei} Kra-Ko-Ziaabel
[12:12] {nemo} seed at it again
[12:13] {ilana} just do cut & paste, strider
[12:13] {Threei} Les, let's make sure market overall reacts
[12:13] {Threei} if continues dropping yes,
[12:13] {dino} caas
[12:13] {Threei} but overall, I have to say the reaction is so subdued, I don't know what to make of it
[12:14] {Threei} think of it: ports were named as the most vulnerable spot,
[12:14] {dino} kss stopped
[12:14] {Threei} discvussion about cargo not being searched is long on,
[12:15] {Threei} now this threat all but materializes,
[12:15] {Threei} it's obvious that explosive is found by pure accident,
[12:15] {Threei} and market doesn'/t even blink?
[12:16] {dino} snda to .24
[12:16] {ilana} didn't reach emergency line yet probably
[12:17] {Les} there you go. black swans don't move markets so easily
[12:17] {nemo} gotta' get rid of some of the surplus workforce anyway
[12:17] {dino} out snda .30, +.50
[12:18] {Threei} and I find white swans meat is nowhere that tasty
[12:18] {dino} arb spike
[12:18] {nemo} like the dirty ones, huh Vad?
[12:18] {Les} lol
[12:19] {Les} UAUA .65 b/d?
[12:19] {Les} .67
[12:20] {Threei} I think so
[12:20] {Threei} that was for Les, not for nemo
[12:20] {Threei} well... for nemo too, lol
[12:22] {dino} caas gap fill
[12:23] {Les} s UAUA .67
[12:24] {Les} market reacting now to news?
[12:25] {dino} arb last try sm .50 l
[12:25] {Threei} I don't know what is behind this selling
[12:25] {Threei} not sure it's this news
[12:25] {Threei} not exactly the right reaction sectors wise
[12:26] {Threei} semis sell harder than travels
[12:26] {Threei} and security ones do not move at all
[12:26] {nemo} everything is selling
[12:26] {Threei} not really
[12:26] {nemo} resources are
[12:27] {Threei} martket made new low, RIMM didn't
[12:27] {nemo} insurance
[12:27] {fernp} LIFE on highs
[12:27] {nemo} not yet amzn pretty low though
[12:27] {Threei} airlines didn't
[12:27] {Threei} some disconnect everywhere
[12:27] {Threei} can't put fingers on the pulse
[12:28] {Threei} DNDN CEO: expect FDA to adhere to its current PDUFA action data of May 1 on Provenge (30.28, -0.08, -0.26%)
[12:29] {Threei} ATVI Hearing Piper comments that if report that NTES has been ordered by regulators to stop charging for WoW is true, it could hurt ATVI earnings per share by $0.01 per quarter (timing uncertain) (10.82, -0.07, -0.64%) (related NTES )
[12:30] {dino} watching gco, asei, sndk, caas, meli, jst, fcn
[12:31] {Threei} I just figured out exact percentrage of masohists in USA
[12:31] {Threei} 31% Like Government Response to Airline Incident, 38% Dont
[12:33] {dino} ndx gap fill 12/31
[12:34] {Threei} Short Setup: DNDN 30 break half lot
[12:34] {Threei} if stays under .15
[12:34] {dino} and 12/24
[12:35] {dino} ndx -2% from fri close
[12:37] {Threei} Short Setup: NVDA 35 break
[12:37] {Threei} if stays under .40
[12:37] {Threei} come on DNDN
[12:37] {Threei} trigger and diwe
[12:37] {Threei} or dive
[12:37] {Threei} or die
[12:38] {nemo} volume for long
[12:38] {dino} meli, jst holding well
[12:39] {Threei} how do you figure nemo?
[12:39] {Threei} spike on red bar, decrease on green obes
[12:39] {nemo} red bar volume was dropping
[12:40] {Threei} 12:37
[12:40] {nemo} next green bar was for one cent
[12:40] {Threei} whatcha talking about?
[12:40] {nemo} nvda
[12:40] {Threei} 12:40] {Threei} 12:37
[12:40] {nemo} my chart looks different
[12:40] {Threei} ok... you need better chart
[12:41] {nemo} laser
[12:41] {nemo} just sent it to you
[12:41] {Les} out UAUA flat.{questionable joke edited out}
[12:42] {dino} mos blood
[12:43] {nemo} anyway my red bar was at 12:35 on decreasing volume. next green bar was .01 on decreasing volume. next green bar was .01 increasing volume. next bar green was .03 on increasing volume
[12:43] {dino} les, you're on the list now
[12:43] {Threei} 30 will be broken
[12:44] {Les} Vad, some cleaning tonight please
[12:44] {Threei} small admninistrative fee of $849.95 per line deleted
[12:45] {Les} {second questionable joke edited out}
[12:47] {Threei} that would be 1699.90 now
[12:47] {Les} lol
[12:47] {nemo} Strider, talk to Les
[12:47] {Threei} oh come on already DNDN, you know this cliff is waiting for you
[12:48] {Threei} you look into abyss, abyss is looking into you
[12:49] {nemo} sndk
[12:50] {dino} thats when you find your character
[12:51] {Threei} so, when was the last time yoyu observed conversation of two deaf men?
[12:51] {Threei} hint: within last 10 min
[12:51] {Threei} I talk about DNDN
[12:51] {Threei} nemo talks about NVDA
[12:51] {Threei} and we wander why out charts are different
[12:51] {nemo} just took sndk short
[12:52] {nemo} .75
[12:52] {nemo} .74
[12:52] {nemo} 1/2 out
[12:52] {Threei} nice
[12:52] {strider} short DNDN
[12:52] {dino} gj
[12:53] {nemo} pivot support .63
[12:53] {Les} buy volume has just returned to DNDN
[12:53] {nemo} next support just under .40, below that a long way to tipperary
[12:53] {Threei} not really Les
[12:54] {Threei} volume of this bar is what broke 30 support
[12:54] {Les} ah gotcha
[12:54] {dino} rino gap fill
[12:54] {Threei} bounce itself happend on fraction of voulme
[12:54] {Les} ok
[12:55] {nemo} Vad, look at lvs support on 15 minute chart
[12:56] {Threei} very temptting short on break
[12:56] {nemo} absotutely
[12:56] {nemo} market strengthening though
[12:57] {nemo} next market drop...if...should take it and dndn
[12:57] {Threei} and NVDA
[12:58] {dino} sm l rino .51
[12:58] {Threei} I think setup is reestablished
[12:58] {Threei} .34 is stays below .40
[12:58] {fernp} .35 break or .30?
[12:58] {fernp} ok
[12:58] {Threei} .30 was touched on long tail, I don't see it as support to use as a trigger
[12:59] {Threei} prefer this semi0aggresive entry
[13:02] {dino} nue
[13:03] {Threei} RU) Russian natural gas pipeline has been hit by a bombing in the southern province of Dagestan
[13:04] {dino} sxci lod-7 in 5 days
[13:04] {dino} not nue, but neu
[13:06] {strider} If DNDN doesn't go, it sure will have missed a good opportunity.
[13:07] {Threei} it looks like a doornail
[13:07] {Threei} dead like yesterday's cake
[13:08] {fernp} .15 is still the stop, no?
[13:08] {Threei} well
[13:08] {Threei} .10 can be considered new resistance
[13:08] {Threei} kind of discretionary call
[13:08] {fernp} ok
[13:09] {Threei} I'd say DNDN watched one too many vampire movies
[13:09] {Threei} AIG US House Committee on Oversight Chairman Towns issues subpoena to NY Federal Reserve related to AIG counterparty payments (28.59, -1.04, -3.51%) (related GS )
[13:11] {Threei} there is nothing but air for the next 50 cents on DNDN chart
[13:11] {strider} Well somebody's defending that air........it's getting rare, you know.
[13:12] {strider} NVDA still good?
[13:13] {Threei} .40 was never violeated
[13:13] {Threei} so, yeah
[13:13] {Threei} stop is tight enough
[13:13] {strider} there was a .34 tick and I jumped in...maybe too soon.
[13:15] {fernp} me too strider
[13:15] {strider} we're fast, fern.
[13:16] {fernp} lol
[13:17] {Les} me too
[13:18] {Les} helping boy do his homework. passes the time
[13:21] {Les} out NVDA +.05
[13:23] {Threei} why not
[13:23] {Threei} know thy fate o vampires
[13:23] {fernp} ty vad
[13:23] {Threei} pesky scalpers
[13:24] {fernp} me???
[13:24] {Threei} no???
[13:24] {Threei} lol
[13:24] {fernp} lol
[13:25] {Threei} fern taking offense when called a scalper is like martian taking offense when told he has 7 legs 3 tails and 5 eys
[13:25] {Threei} die DNDN
[13:26] {fernp} definitely true
[13:26] {nemo} gotta go, see you guys tomorrow
[13:26] {fernp} even i've covered .90 DNDN
[13:26] {Threei} wait nemo, we were just preparing to describe martian wiomen
[13:27] {Les} ciao nemo
[13:28] {dino} cya nemo
[13:28] {fernp} bye nemo
[13:29] {ese} am not concentrating on trading....to much going on at school. See you tomorrow
[13:29] {Threei} take care ese
[13:29] {Les} pesky day job hey ese. ciao
[13:29] {fernp} bye ese
[13:29] {Threei} les... he has the best job ever
[13:29] {fernp} again green here
[13:29] {Threei} I can't believew they pay him to do that
[13:29] {Threei} he should be oaying for tyhe right to do it
[13:30] {Les} who pays me what?
[13:30] {strider} stopped NVDA
[13:30] {Threei} ese, not you
[13:30] {fernp} stopped?
[13:30] {Les} ah. music man
[13:31] {fernp} hit .29 st
[13:31] {Les} out DNDN +.06 gotta find a daughter
[13:31] {strider} I'm not playing for 5 friggin cents.
[13:32] {strider} Commissions are 1.5 cents.
[13:32] {fernp} ok
[13:32] {strider} NOt yelling at you fern:)
[13:32] {Threei} WHY NOT???
[13:32] {strider} just tired of this SOSO.
[13:32] {fernp} no problem. 5 dollars per 1000 here
[13:33] {strider} So you need ten cents to break even?
[13:33] {strider} out half DNDN
[13:33] {strider} thank god for small faovrs.
[13:34] {Threei} another one with great math skills...
[13:34] {fernp} umm? 5 cents x 2000 = 100 dollars
[13:35] {Threei} too much communication with nemo I guess {G}
[13:35] {fernp} and 20 dollars on commisions
[13:37] {strider} Don't know what you're explaining, fern.
[13:37] {Threei} lol
[13:38] {fernp} NVDA +76.11 dollars up after commissions
[13:38] {fernp} good scalp for me
[13:38] {fernp} commisions + ecn (I guess)
[13:38] {strider} good:)
[13:41] {dino} gtj
[13:41] {dino} gj
[13:44] {Threei} DNDN 1:1
[13:44] {fernp} ty
[13:45] {fernp} but i covered .90 lol
[13:45] {fernp} have to go. Good evening everybody. see u all tomorrow
[13:46] {Threei} more consistent day today
[13:46] {Les} ciao fern
[13:46] {Threei} take care fern
[13:46] {Les} nice one DNDN
[13:46] {Les} just one more like that to finish today Vad. would be great
[13:46] {Threei} 1:2
[13:46] {Threei} I am out
[13:46] {Threei} SEED
[13:47] {Threei} potential trend reversal here
[13:47] {Threei} .20 break
[13:48] {strider} stop 14.0?
[13:48] {Threei} I'd prefer to structure it dufferently
[13:48] {Threei} either try to buy it on pullback closer to 14 if loses .10
[13:48] {Threei} of if it doesn't, buy .20 break with stop under .10
[13:53] {Les} RIMM .10 b/d
[13:56] {Threei} [13:11] {Threei} there is nothing but air for the next 50 cents on DNDN chart
[13:56] {Threei} lookie where it is
[14:00] {Threei} Market Internals update at 2:00pmET
[14:00] {Threei} - NYSE volume 610M shares, about 4% below its three-month average; decliners lead advancers by 5.1:1.
[14:00] {Threei} - NASDAQ volume 1.53B shares, about 18% above its three-month average; decliners lead advancers by 2.6:1.
[14:00] {Threei} - VIX index +10% to just under 19.50
[14:00] {Threei} look how trading becomes easier as sioion as VIX went up
[14:01] {Threei} not even reached any reasonable highs, just started upticking
[14:01] {Threei} remember our yesterday diascussion on that strider?
[14:01] {strider} yes.
[14:02] {strider} {--------------shaking a large bottle of Vick's Vapo-rub.
[14:02] {Threei} OK
[14:03] {Threei} let's see if SEED forms something
[14:03] {Threei} don't be in a rush
[14:03] {Threei} give it time to form a range
[14:06] {strider} gosh, 2romantis was kicked off.
[14:06] {strider} what's this world coming to?
[14:07] {Threei} that's OK, that's how process of resgistration of new username goes
[14:07] {Threei} connectuon, kick, password registration, reconnection
[14:07] {Threei} don't ask why
[14:07] {strider} ah.
[14:07] {strider} Why?
[14:07] {patience} and old bags who try to log on with insufficient coffee
[14:07] {Threei} world is strange enough without that
[14:07] {strider} Old bag? Oh, patience, no!
[14:08] {Les} oh patience my world has come to an end!
[14:08] {patience} pre coffee is a rought sight strider
[14:09] {strider} OK...I'm gonna need some translation on this one.
[14:09] {strider} SEED?
[14:10] {strider} Looks like a big honkin' short on 5min.
[14:11] {strider} patience: 'rought sight" ??
[14:11] {Threei} just couldn't catch enything recognizable in time on it strider
[14:11] {patience} rough
[14:12] {Threei} in retrospect, there was slight resemblence of the setup, but hindsight is, you know...
[14:12] {Threei} DNDN bottomless
[14:12] {Threei} why did we ever cover it
[14:12] {strider} I don't want to know.
[14:12] {Threei} gotta start correcting scalping habits of last weeks
[14:13] {Les} we covered cause it was holding out on us
[14:13] {Threei} things slowly become more consistnet and trending
[14:13] {Les} I'm green today. that's a first for long time
[14:13] {Threei} it's a bit farther than I'd expect it to dop, but 50 cents were clearly visible
[14:13] {strider} It's not easy being green.
[14:14] {Threei} dunno... fern is green almost all the time... of course it's easier for martians
[14:14] {Les} I'll become martian if it makes me more dough
[14:14] {strider} I thought he was deciduous.
[14:14] {Threei} he is deciduous martian
[14:15] {strider} I'll tell him you said that.
[14:15] {Threei} he knows... I just moved to the tent next to his, on Mars
[14:15] {strider} So.....martians are from Spain, coneheads are from France.
[14:16] {Threei} now I can wake him up to the market openoing by yelling just outside his tent "hey, pesky scalpers, wake up and go make money"
[14:19] {Les} is amzn tight enough for a .50 b/d?
[14:19] {strider} Vad, what do you think of EVK for overnight?
[14:19] {strider} Can't find any news.
[14:20] {Threei} stop above .65 Les... I'd feel stronger about it if it moved into that resuiatance oncve more and then fropped
[14:20] {Threei} or spent a few min more here before breaking down
[14:20] {Les} ok
[14:20] {Les} I've been playing with AMZN, trying to learn it a little
[14:21] {strider} fwiw, I think a .15 stop for AMZN is way too tight.
[14:21] {Threei} don't know what to say on EVK, no slightest idea
[14:21] {Threei} for you, americans:
[14:21] {Threei} (US) Fed is implementing rules in regards to Credit Card Act; consumers must comply with most aspects of the rule by February 22
[14:21] {Threei} - In December 2008, the Federal Reserve adopted final regulations prohibiting unfair credit card practices and improving the disclosures consumers receive in connection with credit card accounts. This rule amends aspects of those regulations to implement provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit Card Act), which was enacted in May 2009.
[14:22] {Threei} - Among other things, the rule will:
[14:22] {Threei} - Protect consumers from unexpected increases in credit card interest rates by generally prohibiting increases in a rate during the first year after an account is opened and increases in a rate that applies to an existing credit card balance.
[14:22] {Threei} - Prohibit creditors from issuing a credit card to a consumer who is younger than the age of 21 unless the consumer has the ability to make the required payments or obtains the signature of a parent or other cosigner with the ability to do so.
[14:22] {Threei} - Require creditors to obtain a consumer's consent before charging fees for transactions that exceed the credit limit.
[14:22] {Threei} - Limit the high fees associated with subprime credit cards.
[14:22] {Threei} - Ban creditors from using the "two-cycle" billing method to impose interest charges.
[14:22] {Threei} - Prohibit creditors from allocating payments in ways that maximize interest charges.
[14:22] {Threei} and now for the better news:
[14:22] {Threei} CEDC Announces New Distribution Agreement for Zubrowka Vodka in United States with Remy Cointreau USA, Inc
[14:22] {Les} s AMZN .49
[14:25] {Les} out +.19
[14:25] {Threei} 1:1
[14:25] {Threei} now Les
[14:25] {dino} ahh my old friend cedc
[14:25] {Threei} how does it feel, to act automatically based on "see setup - take setup, accept outcome, execute with no thinking and wait for the next"
[14:26] {Les} gazing at my navel during long hours is sometimes frustrating...
[14:26] {Les} but it's getting easier
[14:26] {Threei} really? hmm... ZI find it rewarding
[14:26] {Threei} less headache caused by thinking
[14:26] {strider} It helps if you get a bag of celery and put salt in your navel.
[14:27] {Les} ?
[14:27] {dino} lol
[14:27] {Threei} he said gazing, not grazing, strider
[14:27] {dino} peanut butter on celery
[14:27] {Les} strider, would agree with you on stop size of AMZN, but the way it approached trigger was much more predictable this time
[14:27] {strider} Les, are you native Swiss?
[14:28] {Les} no
[14:28] {strider} Are you a native?
[14:28] {Les} like black native?
[14:28] {strider} I didn't say that.
[14:28] {strider} YOu did.
[14:28] {dino} lol
[14:29] {Threei} invasive spwecies?
[14:29] {strider} Let me guess. You're an Aussie.
[14:29] {Les} I'm Australian mate
[14:29] {Threei} like fern on Mars?
[14:29] {strider} Got it.
[14:29] {Les} but here is home
[14:29] {dino} fro hod
[14:30] {strider} Wicked daily: fro
[14:34] {dino} been in it all day
[14:35] {dino} snda app lod again
[14:36] {Threei} CIT Moving higher after reports ex Merrill/NDAQ CEO John Thain may become CEO (34.57, +0.78, 2.31%)
[14:37] {dino} cit is like a cat w/all those lives
[14:37] {Les} so is John Thain
[14:37] {dino} good point
[14:37] {Threei} reverse split, right?
[14:37] {dino} must be
[14:37] {Threei} I missed announcement
[14:38] {Les} when?
[14:38] {Threei} well... worked for AIG
[14:38] {Les} something to play with?
[14:38] {Threei} CIT les
[14:38] {Les} yeh I guessed that. I was saying we've got a reverse split to play with
[14:39] {Les} I've heard they're good trading toys
[14:39] {Threei} not really
[14:39] {Threei} most of them are jiss of death
[14:39] {Threei} kiss
[14:39] {Threei} AIG was rather exception
[14:39] {Les} ok
[14:39] {dino} jst app that berlin .20 wall again
[14:40] {Les} it was trading log where i read of Magoo's indecent profits last summer with AIG
[14:40] {Les} thought the good times could roll on
[14:40] {Threei} he hit a motherload with it
[14:40] {dino} good shorts usually, but cit and aig screwed that up
[14:41] {dino} 15k in one day
[14:41] {Les} music to my ears
[14:42] {Les} I have created off balance sheet trading arrangement
[14:42] {Les} in order to practise playing these momos
[14:43] {dino} yeah, you and the big banks
[14:43] {Les} when I go to real money account, will maintain paper account for continued learning of momo
[14:44] {Threei} Long Setup: CIT .50 break half lot
[14:44] {Threei} if stays above .30 - .35 area
[14:47] {Threei} invalidated
[14:52] {Threei} grrr
[14:52] {Threei} forgot about SEED .20 break
[14:53] {dino} rino to .19
[14:53] {dino} out +.695
[14:54] {Threei} nice
[14:54] {dino} ty
[15:00] {Threei} sheesh
[15:00] {Threei} NEXM
[15:00] {Threei} didn't think this piece of crap could mobve at all
[15:01] {Threei} I am telling you... bull market is over
[15:01] {Threei} if such POS moves
[15:01] {Threei} NexMed Inc. Announces the Ability of the NexACT Technology to Deliver Drugs Orally and with Enhanced Bioavailability (update)
[15:01] {Threei} - - pre-clinical results from its research and development group at Bio-Quant successfully demonstrated the ability of the NexACT technology to deliver an oral formulation of Taxol (paclitaxel) and to enhance the drugs bioavailability by approximately ten-fold through this oral administration. Taxol, a first line chemotherapy drug used to treat breast, lung and ovarian cancers, is currently administered through an intravenous infusion that can take up to 24 hours to complete.
[15:04] {Threei} Short Setup: HIG .20 break
[15:06] {Les} rimm squeezed between 50 and 200. watching for break
[15:06] {strider} stop?
[15:06] {Threei} top of this bounce
[15:07] {strider} k
[15:07] {dino} fro to .79, wearing me out
[15:10] {Threei} a bit too high HIG, masybe aggressive entry
[15:14] {Threei} nah, forget it
[15:14] {Threei} no setup
[15:14] {Threei} (CA )Canada Fin Min Flaherty is not planning fees on financial institutions (related USD/CAD )
[15:16] {Threei} States Canadian banks did not fail or cost money to taxpayers
[15:16] {Les} yeh, rub it in Geithner's face
[15:17] {Threei} that's a pleasant face to rub things in
[15:18] {Les} we should patent and sell ashtrays with Geithners face in it
[15:18] {Les} instant best seller
[15:18] {dino} hoser
[15:18] {dino} :)
[15:19] {dino} tighten fro
[15:22] {dino} to .86
[15:23] {dino} out fro .842, +.342
[15:26] {Les} nice way to finish
[15:28] {dino} thx that one took all day
[15:28] {dino} snda will watch for tomorrow
[15:29] {dino} meli stuck in pattern, .10-.60
[15:30] {dino} kss big rinse
[15:33] {dino} \lot of my list down 2 to 4 bucks, should make for interesting trades tomorrow
[15:33] {Threei} NEXM new high
[15:34] {Threei} Market Internals update at 3:30pmET
[15:34] {Threei} - NYSE volume 790M shares, about 4% below its three-month average; decliners lead advancers by 4.2:1.
[15:34] {Threei} - NASDAQ volume 1.98B shares, about 18% above its three-month average; decliners lead advancers by 2.7:1.
[15:34] {Threei} - VIX index +6.5% to just over 18.50
[15:37] {Les} CIT has e
[15:37] {Les} sorry, CIT .30 b/d?
[15:38] {Threei} coin toss
[15:39] {Les} RIMM's a b%ççh. shook me out at .31 and then crashed
[15:39] {Threei} can spike into eod just as well
[15:39] {Les} k
[15:46] {dino} meli sm l .07\
[15:50] {dino} stop is .98
[15:51] {Threei} lol
[15:51] {Threei} CIT does both, spikes and drops
[15:51] {Threei} how's that for a size
[15:53] {Threei} closing push NEXM
[15:53] {Threei} let's see if I can read minds... strider, contemplating taking NEXM home?
[15:53] {strider} already got it.
[15:54] {Threei} lol, really?
[15:54] {strider} yeah.
[15:54] {strider} And SPEC.
06[15:54] * Threei opens Psychic Line
[15:54] {dino} lol
[15:56] {Threei} wow, SEED got seripously smacked
[15:58] {strider} If I can't be a daytrader, I'll be a nighttrader.
[15:59] {Threei} makes sense
[15:59] {Threei} I'll be dawntrader
[15:59] {Threei} magoo will be twilight trader
[16:00] {Les} I'll be sleepy trader
[16:00] {Les} I'm off to bed
[16:00] {Les} cheers
[16:00] {billyc} gn all
[16:00] {Threei} okaym, and fvern will have tio decide whatever comes for sunsets on Mars
[16:00] {Threei} thank you all, have a good evening
[16:00] {Threei} see you tomorrow
[16:00] {strider} see ya.
[16:00] {dino} thx all good times
[16:02] {i2romantis} hello
[16:03] {Threei} hi i2r, welcome back
[16:03] {i2romantis} ok, it's working!
[16:03] {Threei} picked a good time, too, activioty returns
[16:03] {i2romantis} glad to be back!
[16:03] {i2romantis} that's good :)
[16:03] {Threei} fair day today after a lukewarm week
[16:04] {i2romantis} k