Thursday, January 14, 2010

Jan 14 2010

If you want to order any of our products or register for a trial, please hold your horses till Jan 25th. We will be back to full functioning upon my return from the Bahamas.

Good day with all trades working like charm, on both long and short side.

Session Time: Thu Jan 14 00:00:00 2010

[08:01] {nemo} seed dropped $1
[08:14] {nemo} I had important level on lvs at 18.35. Above it in the pre market. Holds above...could be good long today
[08:14] {nemo} mos
[08:21] {nemo} aone
[08:35] {strider} SNSS
[08:38] {strider} NFLX
[08:38] {strider} ARST--Cramer gapper
[08:39] {nemo} saw AVATAR yesterday....fantastic
[08:44] {Threei} AONE Signs multi-year battery system supply agreement with Fisker Automotive; expanding capacity due to customer momentum
[08:44] {Threei} - The supply agreement is for battery systems for the Fisker Karma Plug-in Hybrid Electric Vehicle (PHEV). The Karma is scheduled to be launched in late 2010 and expected to be one of the cleanest, most fuel-efficient cars in the world while still offering industry-leading style and performance.
[08:45] {Threei} who cares? battery for Volt is expected to cost $15K
[08:47] {Threei} - A123 also announced today that it has begun to make investments in its 300,000 square foot plant in Livonia, Mich. to expand the final cell assembly capacity by up to 200MW hours once fully operational, inclusive of the previously announced 80MW hour expansion.
[08:53] {Threei} (EU) ECB's Trichet: Any talk of countries leaving the Euro Zone is "absurd hypothesis" - Q&A
[08:53] {Threei} - Euro Zone govt need to take "bold measures" on budgets.
[08:53] {Threei} - Maintaining confidence is key.
[08:53] {Threei} - ECB will not change the collateral rules for any one country.
[08:53] {Threei} - "No comment" on Greek ratings.
[09:01] {dino} gm all
[09:01] {Threei} dino :)
[09:01] {strider} morning everyone
[09:02] {billyc} gm everyone
[09:02] {Threei} strider, billy :)
[09:02] {strider} :)
[09:02] {Threei} CYTX small gap
[09:02] {dino} :)
[09:05] {fernp} Good morning everybody
[09:05] {Threei} fern :)
[09:06] {dino} amx?
[09:06] {Threei} 18:53 AMX Offers to enter into a share swap agreement with Carso Global Telecom, which controls Telmex
[09:06] {Threei}
[09:06] {nemo} nflx hanging at low
[09:07] {Threei} - Under the plan, America Movil would indirectly acquire a 59.4% stake of Telmex's shares and 60.7% of Telmex International.
[09:07] {Threei} - America Movil to offer 2.05 of its shares for every Carso Global share.
[09:07] {Threei} - Following the transaction, shares of Carso Global and Telint would be delisted.
[09:08] {Threei} Netflix Inc Lazard Cuts NFLX to Sell from Hold, price target: $41
[09:08] {Threei} - Despite encouraging public comments Wednesday, firm still sees noise potential in Q409 results and reasons to question Netflixs ability to meet expectations for continued torrid growth.
[09:10] {dino} med
[09:10] {nemo} figures...took that one off my screen a couple of days ago
[09:12] {ese} good morning........
[09:12] {Threei} ese :)
[09:12] {i2romantis} morning all!
[09:13] {ese} vad i2
[09:13] {i2romantis} ese
[09:13] {Threei} i2r :)
[09:13] {i2romantis} 3i
[09:14] {ese} somebody here should be R2D2
[09:14] {Threei} hmm?
[09:17] {i2romantis} yes :)
[09:17] {i2romantis} but then again, we resort to 3 letters
[09:18] {Threei} and to words with two syllables
[09:19] {Les} GM :D
[09:20] {fernp} breaking news: All flights to bahamas have been cancelled.
[09:20] {Les} did Trichet really say "maintaining confidence is key"?
[09:20] {Les} who is he kidding?
[09:20] {strider} more breaking news: In order to expedite boarding of plance, please report to airport naked.
[09:21] {strider} plane
[09:21] {Threei} another breaking news: I don't care.
[09:21] {Threei} yes Les
[09:21] {patience} ok, made me laugh hard strider :)
[09:21] {Les} you're all insane
[09:21] {fernp} lol
[09:21] {Threei} finally
[09:21] {Threei} Les figured us out
[09:21] {strider} morning, patience.:)
[09:21] {Threei} can you believe we fooled him for so long?
[09:21] {patience} morning :)
[09:22] {Threei} he actually thought he was dealing with normal sane bunch?
[09:22] {nemo} pot calling the kettle black Les
[09:22] {Les} yeh well I had a crisis of confidence recently trying to establish a framework of normality
[09:23] {Les} I clearly failed
[09:23] {Les} and have decided that when in rome...
[09:23] {nemo} you have to first define normal...
[09:23] {strider} ...don't knock over the pope.
[09:24] {nemo} like the amount of vodka I have to drink with my russian friends I wouldn't define as normal
[09:24] {Les} that's pretty good strider
[09:24] {strider} nobody else would, either, vad.
[09:24] {nemo} drinking beer at breakfast when living in which I adapted...I didn't consider normal
[09:25] {Threei} hmmm... I can't help but wonder... why is it as soon as we started discussing normal vs. insane i2r started disconnecting in a hurry?
[09:25] {Les} FAS
[09:25] {Les} cause he's not ready for the initiation
[09:25] {i2romantis} i know, the system can't handle it :)
[09:25] {Threei} yeah, blame it on the system
[09:26] {nemo} we back to Jack in "A few Good Men"?
[09:26] {Les} hey, "the system works" i2r
[09:26] {Threei} lol
[09:26] {i2romantis} and trying to connect, it says I'm banned, until a few mins later when it connects
[09:26] {i2romantis} :)
[09:26] {i2romantis} funny people
[09:26] {Threei} well, you are trying to reconnect under wrong username
[09:26] {Threei} must be coded somewhere on autopilot
[09:27] {Les} don't impersonate me i2r
[09:27] {Les} that'd be big mistake
[09:27] {Threei} [09:22] * i2r was kicked by ChanServ (You are not permitted to be on this channel.)
[09:27] {Threei} -----------
[09:27] {fernp} welcome back i2
[09:27] {Threei} 09:24] * i2romantis has joined #discussions
[09:27] {Threei} -----------
[09:27] {lasertrev} morning
[09:27] {Threei} trev :)
[09:27] {strider} HRB
[09:27] {i2romantis} thx fern
[09:28] {i2romantis} 3i, i tried i2r just cause nothing worked, so I wanted to see a different result
[09:28] {i2romantis} but autopilot set for the full name
[09:28] {i2romantis} said that nick was already in use
[09:28] {Threei} huh
[09:28] {i2romantis} but it's all good now
[09:28] {Threei} oohhh
[09:28] {Threei} ghost
[09:28] {i2romantis} I get disconnected sometimes
[09:28] {i2romantis} and then it thinks I'm still connecte
[09:28] {Threei} right
[09:28] {i2romantis} connected*
[09:29] {i2romantis} same with my trading platform, sometimes have to call them to get them to reset me
[09:29] {Threei} if it continues for way rtoo long, you may have to send an e-mail asking to kick out the ghost nick
[09:29] {Les} when that happens to me i2r, I reboot the computer
[09:29] {Les} fixes broker problem
[09:30] {nemo} amzn tank
[09:30] {dino} med 5 day ugly
[09:30] {nemo} coyote ugly?
[09:31] {nemo} or double coyote ugly?
[09:32] {Les} FAS
[09:32] {Les} WFC
[09:32] {Les} MS showing continued weakness
[09:34] {Threei} ugh
[09:35] {Threei} AONE broke faster than I could type
[09:35] {Les} AONE
[09:36] {nemo} lvs
[09:38] {nemo} if lvs breaks .85 there
[09:38] {nemo} there's air up there
[09:38] {Threei} too sharp spike on intraday
[09:38] {Threei} needs pullback
[09:39] {Threei} .50 area should be interesting for entry
[09:39] {Threei} FITB 52 week highs
[09:39] {ese} ya
[09:39] {ese} just noticed that
[09:39] {Les} MS .85 B/D? .95 STOP?
[09:40] {nemo} might be looking to test DB at .70
[09:40] {Threei} hardf to tell les, two supports right under, .80 and .70
[09:41] {Threei} Long Setup: LVS .75
[09:41] {fernp} FITB .65 break is attractive
[09:41] {Threei} stop under .60
[09:41] {ese} missed
[09:42] {nemo} could consolidate around here for a bit
[09:45] {nemo} .70 new stop for lvs?
[09:46] {dino} fsys
[09:46] {Threei} Long Setup: AONE .60 break half lot
[09:46] {Threei} ugh
[09:46] {Threei} late again
[09:46] {Threei} let's see if we can get a pullback
[09:47] {Threei} .50 if holding .40
[09:47] {Threei} half lot, very volatile
[09:47] {ese} L seed .49
[09:48] {Threei} no play for now, AONE
[09:48] {Threei} LVS 1 cent of 1:1
[09:48] {nemo} lotta' offers at .89
[09:49] {ese} seed quote please.......system has shut dn
[09:49] {nemo} 13.48
[09:49] {nemo} .52
[09:49] {ese} tks
[09:49] {nemo} 54
[09:49] {nemo} 55
[09:49] {nemo} 50
[09:49] {nemo} 43
[09:50] {nemo} 48
[09:50] {ese} back tks nemo
[09:50] {nemo} it's looking short ese
[09:51] {nemo} well, so much for my opinion
[09:51] {dino} .
[09:52] {ese} out seed .75 +.26
[09:52] {nemo} lvs breaks this consolidation
[09:52] {Threei} LVS 1:1
[09:53] {ese} thanks again nemo.......was crapping there for a bit.......10k on the line
[09:53] {fernp} ty Vad
[09:55] {Threei} LEN "Fraud Discovery Institute" comments that Lennar has failed to pay a state tax lien of $88K while it awaits a $320M federal tax refund (timing uncertain)
[09:55] {nemo} makes sense to me
[09:56] {Threei} CEDC... people like their Zubrowka, eh
[09:57] {nemo} med
[09:58] {dino} thinking 23.60s
[09:58] {fernp} SYMC, Vad?
[09:58] {Threei} 2 day's high and 52 week high...
[09:58] {Threei} worrth a try I guess, with 10 cents stop
[09:59] {fernp} ty
[09:59] {Threei} CYTX again
[10:00] {Threei} *(US) NOV BUSINESS INVENTORIES: 0.4% V 0.3%E
[10:00] {Threei} - prior revised from 0.2% to 0.4% (related SPY SHY EUR/USD )
[10:03] {ese} looks like no more trading for broker Questrade is very irratic dn again
[10:04] {Threei} Long Setup: ENER .75
[10:04] {Threei} if stays above .60
[10:07] {Threei} US) SEC Chair Schapiro: It is important that govt moves toward removing references to credit ratings in rules
[10:07] {Threei} huh?
[10:08] {Les} out ener ty vad
[10:08] {Threei} ENER 1:1 is nigh
[10:08] {Threei} there
[10:08] {fernp} TY again
[10:09] {Threei} welcome guys
[10:09] {Les} dug myself a hole again at opening, but scalping much more confidently to recover
[10:11] {dino} haven't filled one yet
[10:12] {fernp} FITB 1:1
[10:13] {Threei} Short Setup: CAT .30 half lot
[10:15] {fernp} .50 invalidates the play?
[10:15] {Les} .40?
[10:15] {Threei} .45
[10:16] {ese} fern...did you get into fitb
[10:16] {fernp} y
[10:16] {fernp} from .66
[10:16] {ese} nice......i missed the .65 break following seed
[10:17] {ese} 50k hopefully
[10:17] {fernp} [15:41] {fernp} FITB .65 break is attractive
[10:17] {fernp} only 1000
[10:17] {Les} only?
[10:17] {ese} well done!!
[10:17] {fernp} ty
[10:18] {ese} we've got our accomodations booked in florence long does it take you to get there
[10:18] {Les} that's a long way away ese
[10:18] {Threei} CAT 1:1
[10:19] {Les} this is going well today. ty
[10:19] {Threei} welcome
[10:20] {Threei} readability returns slowly, as foretold
[10:20] {fernp} ty again again
[10:20] {ese} ahhhh.....ok.....
[10:20] {Les} rimm .60?
[10:20] {nemo} "nigh" and "foretold" in less than an hour...oh jeez
[10:20] {Threei} lol
[10:21] {Threei} not sure on RIMM
[10:22] {Les} fcx b/d
[10:23] {Les} almost took fcx and would have had a hell of a hole to dig out of
[10:24] {dino} mtl
[10:24] {Les} seed .30 b/d?
[10:24] {Les} .40 stop?
[10:25] {Threei} nah
[10:25] {nemo} support at 200 at .15 right where it bounced
[10:25] {Threei} it rather shapes up as a bounce
[10:26] {Threei} .30 break weith stop under .20
[10:28] {dino} sm l medv .75 risky
[10:28] {nemo} ou mean med?
[10:28] {dino} med, yes, typo
[10:28] {dino} stop .43
[10:29] {Les} ty. +.05 seed
[10:29] {Threei} SEED 1:1
[10:29] {Les} I'm with fern. I like scalping
[10:29] {Threei} this is fun
[10:30] {fernp} i am with Vad. I love scalping
[10:30] {Threei} Market Internals update at 10:30amET
[10:30] {Threei} - NYSE volume 175M shares, about 30% below its three-month average; advancers lead decliners by 1.3:1.
[10:30] {Threei} - NASDAQ volume 520M shares, about 8% above its three-month average; advancers lead decliners by 1.4:1.
[10:30] {Threei} - VIX index -1.5% to just over 17.50
[10:31] {Threei} Bulletin of Atomic Scientists adjust DOOMSDAY CLOCK away from Midnight by 1 minute to 6 mins to Midnight
[10:31] {Threei} - They last adjustment in 2007 was towards Midnight by 2 minutes to stand at 5 minutes to Midnight, citing risks in nuclear proliferation and global warming
[10:31] {Threei} - Note: Furthest the clock was from midnight stood at 17 minutes to midnight following the end of the Cold War.
[10:31] {dino} naz has been kicking volume lately
[10:31] {Threei} idiots
[10:32] {Les} pretty pessimistic bunch
[10:32] {Les} we should put them in washington
[10:32] {Threei} the very concept is puke-inducing
[10:32] {Les} yeh. look at me. I predict your death.
[10:32] {Les} I am god
[10:32] {dino} and they get paid for that, i need govt job
[10:33] {dino} med stopped -.37
[10:33] {Threei} bunch of egg-headed enlightened thinkers (puke) sits around and discuesses whether humankind moves in the right directioon or not
[10:33] {Threei} using as criteria what exactly?
[10:33] {Les} "objective reality"
[10:33] {Threei} their enlightened ideas of right and wrong?
[10:34] {Threei} more puke-inducing details for your entertaiment:
[10:34] {Threei} - Citing a more "hopeful state of world affairs" in relation to the twin threats posed by nuclear weapons and climate change, the Bulletin of the Atomic Scientists (BAS) is moving the minute hand of its famous Doomsday Clock one minute away from midnight. It is now 6 minutes to midnight. The decision by the BAS Science and Security Board was made in consultation with the Bulletin's Board of Sponsors, which includes 19 Nobel Laureates
[10:35] {Threei} I am sorry, if thery beliueve climate change is a threat, then what exactly changed to the better?
[10:35] {nemo} Obamanator
[10:35] {Threei} - BAS Board said: "It is 6 minutes to midnight. We are poised to bend the arc of history toward a world free of nuclear weapons. For the first time since atomic bombs were dropped in 1945, leaders of nuclear weapons states are cooperating to vastly reduce their arsenals and secure all nuclear bomb-making material.
[10:35] {Threei} And for the first time ever, industrialized and developing countries alike are pledging to limit climate-changing gas emissions that could render our planet nearly uninhabitable. These unprecedented steps are signs of a growing political will to tackle the two gravest threats to civilization -- the terror of nuclear weapons and runaway climate change."
[10:35] {Threei} ahha!
[10:36] {dino} idiots
[10:36] {Threei} they are pledging!
[10:36] {nemo} knew it had to be there some place
[10:36] {Threei} we are saved
[10:36] {nemo} seed vad
[10:36] {Threei} what about it?
[10:36] {Threei} let me guess
[10:37] {Threei} contemplating .50 break, aren;'t you
[10:37] {nemo} well.....
[10:37] {nemo} mmmmhhhh.....
[10:37] {nemo} ahhhhh.....
[10:37] {nemo} ....not sure
[10:38] {Threei} ok, then I am back to grim enjoyment of stupidity put on pedestal
[10:39] {nemo} frankly, seed could be a short here
[10:39] {Les} hig looking short with a little consolidation
[10:39] {Threei} I don't see anything indicative either way
[10:39] {Threei} on SEED
[10:42] {Threei} while nothing tradeable appears, let me treat you to probably last of new year decoration series, before sunny beaches take over:
[10:42] {Threei}
[10:44] {Threei} CFTC's Chilton: Planning to collect public comment with regards to position limits over the coming months (related ICE ISE NDAQ NYX CME USO EUR/USD )
[10:44] {Threei} position limits...
[10:44] {Threei} wtf is going on
[10:44] {Threei} limit positions to buying power
[10:44] {Threei} limit buying power to reasonable margin
[10:45] {Threei} make every entity invoplved responsible for the financial outcome of trade
[10:45] {nemo} aone short vad
[10:45] {Threei} let those who lose fail
[10:45] {Threei} end of story
[10:45] {nemo} 200 ma is .60
[10:45] {dino} plce sm l .00
[10:46] {Les} you can't be controlled with such liberal financial policies vad...
[10:46] {Threei} no need to control what is allowed to fail
[10:46] {Threei} it's when you decide that you will rescue losers that you must instill ciontrols
[10:47] {Threei} and forcrissakes, restore Glass-Steagall
[10:47] {nemo} aone tanking
[10:47] {Threei} White House: bank fee will continue for 10 years or more if necessary to fully repay the TARP monies
[10:48] {Threei} cool
[10:48] {nemo} so...there stock will go in the tank
[10:48] {Threei} taxpayer repays to himself what he lended, through taxing himself
[10:48] {nemo} how are they supposed to align bank officer interest with profitability?
[10:48] {Threei} - Reiterates that fees will be targeted at the most highly leveraged banks.
[10:48] {Threei} it's getting better
[10:49] {nemo} but not GMAC FNMA FRE
[10:49] {nemo} or the car companies
[10:52] {dino} the ones that started the mess
[10:56] {Threei} (IR) Major powers will meet on Saturday to discuss Iran nuclear issue
[11:08] {dino} med sm l .50
[11:09] {dino} sm l meli .00
[11:11] {dino} fsys lod
[11:13] {Threei} Long Setup: SEED .10 break
[11:14] {dino} meli stopped -.33
[11:16] {Threei} (GE) German reportedly plans to cut solar subsides for new roof and open field sites by 16-17%, effective mid-April - unconfirmed report
[11:19] {Threei} thinking partials
[11:19] {Threei} should be good fopr more than scalp
[11:19] {Threei} 1:1
[11:19] {fernp} ty
[11:19] {Threei} yw
[11:19] {jmb} Thanks Vad
[11:19] {Threei} 1:2
[11:20] {Threei} jmb :)
[11:20] {nemo} should go to .38 anyway
[11:22] {dino} fsys sm l .25
[11:23] {patience} .
[11:29] {dino} meli rinsed
[11:31] {ese} ok L seed .24
[11:31] {Threei} wow
[11:31] {Threei} that's 1:1.5 above original entry
[11:32] {Threei} a lot of chasing ese
[11:32] {Threei} Mongolia announces moratorium on death penalty
[11:32] {Threei} why do I find it funny...
[11:32] {nemo} me too
[11:33] {Threei} ok, nowe I knowe for syre something's wrong wityh mer
[11:33] {nemo} I get images of Ghengis Khan
[11:33] {ese} are my charts wrong....
[11:33] {Threei} oh boy... and with my typing
[11:33] {nemo} you need a vacation
[11:33] {Threei} ese,
[11:33] {ese} in after higher low
[11:33] {Threei} [11:14] {Alert} Threei Long Setup: SEED .10 break
[11:33] {ese} tired for .20 gilled .24
[11:34] {nemo} wtf...with spelling
[11:34] {ese} tried/filled
[11:35] {ese} maybe .30 break here would have been better?
[11:35] {nemo} voume was right
[11:35] {nemo} had old resistance as new support
[11:36] {ese} ohhhhhhh ....missed that call
[11:36] {nemo} you're still above the 13 ma
[11:36] {Threei} ese... my point is, stock started reversing at .10 where I called it
[11:36] {ese} just got back to my computor from being on the phone again
[11:36] {Threei} we are aslrteady out 1/2 and 1/4
[11:36] {nemo} who voted you king?
06[11:37] * Threei slaps nemo around a bit with a large , heavy and sharp-edged object of unknown origin
[11:37] {nemo} damn...I'll have to get a tetanus shot
[11:37] {ese} no
[11:37] {Threei} 32% Say U.S. Heading In Right Direction
[11:38] {nemo} yeah, but 50% of the people are on the wrong side of the bell curve
[11:38] {dino} rino sm l .35
[11:44] {ese} my stop is .20 for seed by the way
[11:49] {ese} stopped .19
[11:49] {ese} yup.....should have taken it at .34
[11:54] {ese} ok....give me the I told you so trout
[12:08] {Threei} ok... I fought myself long enough and lost
06[12:08] * Threei slaps ese around a bit with a large banner I TOLD JA SO, bold font, red letters
[12:10] {ese} ahhhhhh tks .....i needed that
[12:16] {Threei} Market Internals update at 12:00pmET
[12:16] {Threei} - NYSE volume 320M shares, about 28% below its three-month average; decliners lead advancers by 1.1:1.
[12:16] {Threei} - NASDAQ volume 1.01B shares, about 13% above its three-month average; advancers lead decliners by 1.2:1.
[12:16] {Threei} - VIX index -1% to just over 17.50
[12:28] {dino} uthr?
[12:33] {Les} back and long WFC .92
[12:35] {ese} l seed .14
[12:35] {Les} I see the room is getting violent
[12:36] {nemo} ?
[12:36] {ese} out seed .2099
[12:36] {Les} Vad slapping people around
[12:36] {ese} +.06
[12:36] {Les} or perhaps I should see it differently...
[12:36] {nemo} you haven't been here long enough...nothing new...wait until he breaks out the army boots
[12:36] {Les} perhaps I should look at it like the three stooges
[12:36] {Les} then its funny
[12:37] {nemo} where you from in oz?
[12:37] {ese} neyuck neyuck neycuk...ack ack ack...neyuck neyuck neyuck......that'l teach it for taking me for .05
[12:37] {Les} born in darwin
[12:37] {Les} but spent much time in Brisbane
[12:37] {Les} got to know sydney with the army
[12:38] {nemo} yeah...I lived in Sydney for awhile before the Olympics
[12:38] {dino} med spike
[12:39] {Threei} MED Disavows Allegations as False, Misleading and/or Without Merit
[12:39] {Threei} - has been the subject of a series of fraudulent attacks on its stock in a case of outright, deliber... (5.26, +0.26, 5.20%) more...
[12:40] {Threei} deliberate, and possibly illegal market manipulation. Beginning February 17, 2009, Mr. Barry Minkow, a convicted felon, and his Fraud Discovery Institute (FDI) posted on the FDI website a "report" authored by his close associate, Mr. Robert Fitzpatrick, which accused Medifast through its direct selling subsidiary, Take Shape for Life, Inc., of being: 1) an illegal "endless chain" pyramid, and 2) a Ponzi scheme comparable to that perpetrated by Bernard Madoff.
[12:40] {Threei} - The attacks continued with subsequent "reports" and updates posted by Mr. Minkow, Mr. Fitzgerald and their co-conspirators in May and June 2009; and most recently January 8, 2010. The allegations are patently untrue. They were made with the intent to manipulate the share price of Medifast downward (which occurred) in order for Mr. Minkow and others to profit from his subsequently disclosed short position in Medifast stock, which he acquired prior to publishing his first fraudulent attack.
[12:40] {Threei} - These public allegations were made in mid- February 2009 and were immediately followed by significant short selling and short selling option puts that shaved more than $30 million from the market capitalization of Medifast.The companyhas demanded that this third party take down its website information containing false information or be subject to appropriate legal action.
[12:43] {Les} cool. can I avoid prosecution if I did that from Switzerland?
[12:44] {dino} out med +.75
[12:44] {Les} out wfc flat. it's behaving like a dog
[12:44] {Les} wtg dino
[12:44] {dino} 3i, that was from earlier right
[12:44] {dino} thx les
[12:45] {Threei} no
[12:45] {Threei} fresh
[12:46] {Threei} 12:38 time stamp
[12:49] {dino} seems like re-hash of 10:15 news
[12:50] {dino} ntri
[12:52] {nemo} pivot support at .46 dino
[12:53] {nemo} no other support until 25.80
[12:53] {Threei} I don't see anything at 10:15
[12:54] {Threei} nor reaction on chart
[12:54] {dino} ntri?
[12:54] {nemo} that's what I'm referring to
[12:54] {dino} cyber has 10:15, 11:44, 12:20, etc
[12:54] {dino} ok nemo
[12:55] {dino} could be sympathy drop
[12:55] {nemo} been dropping since 10:15
[12:55] {dino} ntri was mentioned in article as competitor
[12:56] {Threei} (SW) Sweden Fin Min Borg: Size of bonuses at Swedish banks 'provocative'; may examine measures on the bonuses
[12:56] {Threei} - could make sense to put a Euro referendum on the agenda; Swedish finances are better than previously thought
[12:56] {dino} so is their cheese
[12:56] {nemo} that's switzerland dino
[12:56] {dino} opps
[12:56] {nemo} ugly american
[12:56] {Les} cows freeze their udders off up in sweden dino
[12:57] {nemo} What happened to the cow that jumped over the barbed wire fence?
[12:57] {dino} dk
[12:57] {nemo} "Udder" destruction...
[12:58] {dino} lol
[12:58] {nemo} ntri at support
[12:59] {dino} feels like push down to high 25s for strike
[12:59] {nemo} 25.80 area
[12:59] {dino} alrighty then
[12:59] {nemo} o.k. Bill
[13:00] {nemo} look at joyg
[13:02] {nemo} ekg kinda' flatline
[13:03] {Threei} (US) Fed's Bernanke: Fed's regulatory activities helps it better perform its central banking functions - testimony
[13:03] {Threei} - Information gleened from bank supervision aids process of developing an exit strategy.
[13:03] {Threei} - Fed's supervisory role is critical for understanding emerging strains on banking system and the economy.
[13:04] {nemo} funny...didn't work before, why will it work now?
[13:05] {dino} hmmm as opposed to no regs? lol
[13:07] {nemo} short ntri? mmmmhhhh
[13:09] {dino} not i, down too much, odds for bounce imo
[13:13] {Les} LVS
[13:17] {Les} got a read on AIG vad?
[13:17] {Threei} other than A, then I, then, ummm, G... no
[13:18] {Threei} it needs some jolt
[13:18] {Threei} lost sparkle
[13:19] {dino} gmcr
[13:19] {nemo} DB
[13:19] {dino} gap 80.65
[13:22] {Les} short gmcr .28
[13:22] {Les} out +.10
[13:24] {Les} RIMM b/d .80?
[13:24] {Les} .90 stop?
[13:24] {Threei} chart looks nice and setup is valid, but
[13:25] {Les} always the but
[13:25] {Threei} market overall just doesn't look like anything downtrending any time soon
[13:25] {Les} k
[13:25] {Threei} thisd kind of perfect-looking setups not matching market overall feel is very likely to turn a trap
[13:26] {Les} k. I'm green for the day so happy to avoid traps
[13:26] {dino} amed
[13:26] {nemo} market probably waiting for intel
[13:29] {Les} gmcr approaching gap
[13:29] {dino} nah
[13:30] {Les} ooh that's ugly gmcr
[13:30] {nemo} not if you're short :)
[13:30] {dino} indeed
[13:31] {Les} well I missed that 81 trigger, so I'm criticising
[13:31] {nemo} no you got the right trigger when it dropped 30
[13:31] {nemo} .30
[13:32] {Threei} we need to thank RTIMM for a perfect illustration of the aforementioned trap
[13:32] {Les} I just saw it!
[13:32] {Les} you are right
[13:32] {Les} take that one to the bahamas...
[13:32] {Threei} disgusting eh?
[13:33] {Les} how dare they...
[13:33] {Les} fas seeing new hod
[13:33] {Les} seeking
[13:34] {dino} thin, sm l jst .84
[13:34] {Threei} Hearing Lazard defending solar names following news of German cut in solar subsidies (timing uncertain)
[13:34] {Threei} lol
[13:34] {Threei} defense comes to:
[13:35] {Threei} wait!!! we are full in still!! let us out!
[13:35] {Les} nice call dino
[13:36] {dino} thx
[13:36] {dino} and vad i was thinking just that.
[13:46] {Les} .20 b/o of fcx with .05 stop?
[13:46] {Threei} yes
[13:46] {Threei} don't chase, let it pull back
[13:46] {Les} had to chase that one
[13:46] {Les} hahah
[13:47] {Threei} there you go
[13:47] {Les} ouch
[13:48] {Threei} what's with chasing, it ruins your risk reward ratio
[13:48] {Threei} don't do that
[13:48] {Les} yes master
[13:49] {ese} hey done my watching for today......catch you tomorrow
[13:49] {Threei} take care ese, see you in a week and half
[13:49] {Les} les give jedi apprentice genuflection
[13:50] {ese} oh yeh.........have a great ttrip vad!!!! take care
[13:50] {Les} ciao ese
[13:50] {Les} you here tomorrow?
[13:50] {ese} yup
[13:52] {Les} same bat time, same bat channel...
[13:52] {Threei} FCX 1:1
[13:52] {Threei} nice and easy - if played by the rules
[13:53] {Threei} nerve-wrecking and debilitatingly painful if not
[13:53] {Les} I didn't get a fill...
[13:53] {Les} I saw one fill at .35
[13:54] {strider} AONE short?
[13:54] {Les} ok. dishes are done maaan.
[13:55] {Les} nice looking trade log today. I'm happy with the numbers I see in it
[13:55] {Threei} I hate the size of the stop strider
[13:55] {Threei} chart is right
[13:55] {Threei} risk parameters are a bit on a tough side
[13:55] {Threei} worked like charm though
[13:55] {strider} thanks. already in and out. +.13
[13:55] {Threei} cool
[13:56] {Les} why is size of stop a problem vad?
[13:56] {Les} I see 10 cent stop
[13:56] {dino} tsl
[13:56] {Threei} not really, consolidation was around .20, then dive into 21
[13:57] {Threei} so it was rather 25 cents
[13:57] {Les} ok. I was looking at .10 b/d
[13:57] {Threei} no sound resistance was established around .10
[13:57] {Les} ok. so not an appropriate trigger
[13:57] {Threei} well, at the moment of the question is was 21
[13:57] {Les} ok
[13:57] {dino} yge
[13:57] {dino} solars in general
[13:57] {Threei} that's mongolian sounding name dino
[13:58] {dino} risky fsys sm l .50
[13:59] {Threei} yeah, that move by Germany killed them good
[13:59] {Threei} and showed how viable whole industry is
[13:59] {Les} what's the canadian solar stock
[13:59] {dino} csiq?
[14:00] {Threei} no govt subdcidies, whole sector is dead
[14:00] {nemo} especially if they put those leverage limits in enegy futures
[14:00] {Les} ty
[14:00] {patience} kind of like uranium stocks, those use to be fun to trade
[14:02] {dino} what is the symbol for them
[14:02] {Les} fcx .30 b/o?
[14:02] {Les} .20 stop?
[14:02] {dino} patience do you remember us uranium symbol
[14:03] {Les} dnn
[14:03] {Les} ccj
[14:03] {patience} no, let me look at my list
[14:04] {Threei} Magnitude 5.6 earthquake reported near Hokkaido, Japan
[14:04] {nemo} lotta' that going on lately
[14:04] {Threei} hey hey... my dfaughter is in Japan right now
[14:04] {Les} the mayans were right! 2012
[14:05] {nemo} this summer will be fun
[14:05] {Threei} dino, Piper stuck in solars together with Lazard
[14:05] {Threei} FSLR Hearing Piper defending solar stocks (timing unceratin
[14:05] {Threei} Market Internals update at 2:00pmET
[14:05] {Threei} - NYSE volume 465M shares, about 27% below its three-month average; advancers lead decliners by 1.1:1.
[14:05] {Threei} - NASDAQ volume 1.46B shares, about 12% above its three-month average; advancers lead decliners by 1.2:1.
[14:05] {Threei} - VIX index --1.75% to just over 17.50
[14:06] {strider} Guess who's on TV?
[14:06] {Les} citizen kane
[14:06] {nemo} zoe saldana?
[14:06] {Threei} salma hayek
[14:07] {strider} Barney not-so-frank
[14:07] {dino} ty les and patience. my son asked me to buy some for him
[14:07] {dino} stock that is
[14:07] {nemo} kewl
[14:07] {Les} learning to make the bomb in science class is he?
[14:07] {Threei} says fees on banks is a great idea?
[14:07] {patience} sorry dino, didn't keep u.s. stock symbols..i track tsx ones, like u, pdn, uuu, dml, fiu, lam, usu, uex
[14:07] {strider} fees on EVERYTHING is a great idea.
[14:07] {nemo} what does salma know about banks
[14:08] {strider} That's the only idea democrats have.
[14:08] {Threei} actually they have two
[14:08] {dino} usu, thats the one
[14:08] {dino} thx
[14:08] {Threei} collect fees and taxes, and spend
[14:08] {patience} dino, my daughter is deeply into physics right now....a walking textbook of knowledge with liberal ideas......
[14:08] {Threei} whole right wing has one: spend
[14:09] {Threei} can we have thrid party?
[14:09] {Les} no
[14:09] {Threei} do NOT overtax and do NOT overspend one
[14:09] {nemo} it's all gotta' collapse first
[14:09] {Threei} how hard is that
[14:09] {dino} my niece is a senior at penn state university, w/paid internship at westinghouse nuclear propulsion
[14:09] {Les} wow
[14:09] {nemo} what happened to you?
[14:09] {patience} very nice, good future
[14:10] {nemo} yeah, she won't have to turn on the lights when she's at home at night
[14:10] {dino} good kid, and very smart w/numbers. she knows kids studying chaos theory
[14:10] {nemo} she should just meet me...I'm chaos incarnate
[14:10] {dino} lol
[14:11] {nemo} looks like spy wants to break
[14:12] {Les} lvs
[14:12] {Les} .60 b/d?
[14:13] {Les} .70 stop?
[14:13] {Threei} rather yes
[14:13] {Les} i like that cahrt
[14:13] {Les} chart
[14:13] {Les} les is salivating
[14:13] {Threei} I'd be more confident about iot if some more conssolidation occurs first
[14:14] {Les} k
[14:14] {Threei} or better yet, little bounce
[14:14] {Les} thinking likewise
[14:14] {Threei} like this
[14:14] {Threei} now, do not break .70
[14:14] {Threei} better yet, do not even break .65
[14:15] {Threei} lose .60 and we are golden
[14:16] {Threei} ADBE U.S. Cyber Security Alert issued on multiple vulnerabilities in Adobe Reader ver 8 & 9 - update
[14:16] {Threei} - Please note the CERT Alert was out Wednesday evening however today the NYT speculated that the Chinese Military used, or may have created this vulterability, to hack and access the "dissident" gmail accounts. Google stated in the article that its security team had physically investigated a hacked laptop and found no sign of any virus or malware suggesting a potentially highly sophisticated vulnerability that not only provides outside access but also removes all traces.
[14:17] {strider} adbe short?
[14:17] {Threei} - Details of the vulnerability can be foudn at:
[14:18] {Threei} not on this story
[14:18] {strider} look at chart:)
[14:18] {nemo} guys...and ladies...if you want to check out the best anti-virus/malware protection out their, check out TASwatch at
[14:18] {Threei} pure technically, could be
[14:18] {nemo} out there
[14:18] {Les} better than Norton?
[14:18] {nemo} no comparison
[14:19] {Les} really? got subscription renewal coming up
[14:19] {Les} no go lvs
[14:19] {nemo} what operating system
[14:19] {Les} xp
[14:19] {nemo} perfect
[14:19] {nemo} when you download it, wait until you see how many infections you currently have you don't know about
[14:20] {nemo} you order the software, they send you a download link
[14:21] {strider} NFLX short?, .10
[14:23] {Threei} bulimic stock...
[14:24] {strider} meaning??
[14:25] {Threei} thin
[14:25] {strider} h
[14:25] {strider} ah
[14:25] {nemo} watch tck for a trend break down short
[14:26] {strider} the symbol tck?
[14:26] {nemo} yes
[14:27] {strider} short where?
[14:28] {nemo} at the moment, it would be a break below .34...watching for trend line break
[14:28] {nemo} it's forming a wedge
[14:28] {nemo} joyg also forming a wedge
[14:28] {patience} just bounced up on canadian side
[14:28] {nemo} here too, but within the wedge
[14:29] {Les} fcx .95 b/d with .10 stop vad?
[14:30] {Les} perhaps consolidating a little more
[14:30] {nemo} nite all
[14:31] {strider} you gone?
[14:31] {Les} ciao. u here tomorrow?
[14:31] {nemo} ja wohl
[14:31] {Les} alright. online porn party!
[14:31] {Threei} don't forget guys,
[14:31] {strider} no sprachen ze english?
[14:31] {Les} the mice will play...
[14:31] {nemo} frickin ozzies
[14:31] {Threei} Monday is day off, sdo tomorrow is fri before the long weekend
[14:32] {nemo} natuerlich...entweder oder
[14:32] {strider} what's Monday?
[14:32] {Les} milk day
[14:32] {fernp} LMK
[14:32] {nemo} mlk day
[14:32] {strider} geez
[14:33] {Les} so tomorrow could be slow day? or volatile cause of options exp?
[14:34] {Threei} slow most likely
[14:35] {Les} fcx .95 b/d?
[14:35] {Les} w .05 stop?
[14:38] {strider} AONE breakout?
[14:39] {Threei} FCX no
[14:39] {Threei} AONE, can't tell
[14:42] {dino} scanners all green
[14:44] {Les} H&S HIG?
[14:44] {dino} eqix spike
[14:44] {Les} .20 b/d?
[14:44] {Threei} HIG, .20 break is valid trigger...
[14:44] {Threei} market help is big unknown, but lkooks plausible
[14:45] {Les} ty
[14:46] {Threei} Fed's Fisher: recovery is underway, reiterates it will be a tepid recovery - CNBC interview
[14:46] {Threei} - Sees Slow Rate Of Growth For 2010.
[14:46] {Threei} - States recovery is palpable but "not enough"
[14:46] {Threei} - Independent Fed is crucial
[14:46] {Threei} - Continues to support current MBS purchases schedule
[14:46] {dino} fsys to .90
[14:46] {Threei} Independent Fed is crucial for Fed's well-being
[14:47] {Les} they'll keep spining that line until the cows come home...
[14:47] {Threei} now, this one I like:
[14:47] {Threei} ****Reminder: On 01/12 Fisher said that Impact of Fed efforts have started to be felt and that the economy was showing signs of "tepid" recovery. He warned that monetizing debt is not the way to improve deficit and called for a return to "fiscal sanity".
[14:47] {Threei} high five on that Fisher but
[14:48] {Threei} how did we deviate from fiscal sanity on Feds watch?
[14:48] {dino} out ave .88, +.38
[14:48] {Threei} maybe if you were an appropriate sctructure for the job, we wouldn't have to "return" to it now?
[14:49] {Les} s HIG .19
[14:52] {fernp} SANM 12.10 break, Vad?
[14:53] {Threei} hmmm
[14:53] {Threei} hard to tell
[14:53] {fernp} ok
[15:02] {fernp} FAZ breakdown?
[15:03] {dino} sm l fcn .31
[15:05] {fernp} covering here .52 +.08
[15:15] {Threei} VZ Aiming to lower phone and pricing plans effective Jan 18th
[15:15] {Threei} one thing I don't have particular answerr to:
[15:16] {Threei} looking at today's intraday chart, I see just the same slow and narrow,
[15:16] {Threei} yet, trades were so much easier to find and read
[15:16] {Threei} not sure what's this about
[15:17] {Threei} maybe my brain feels beach-inspired freedom
[15:17] {Threei} and enjoyment of 2-days long presdentation
[15:19] {fernp} dont talk about AGAM in your presentation Vad
[15:19] {Threei} say what?
[15:19] {Threei} about 70% of my presentation is about it
[15:20] {Threei} you leave me with no material
[15:20] {fernp} please, don't do it
[15:20] {Threei} but I have no time to prepare anything else
[15:20] {fernp} they are good persons
[15:22] {Les} fcx .30 b/o?
[15:22] {Les} .20 stop?
[15:22] {Threei} I think so
[15:25] {Threei} invalidated
[15:26] {Les} already moved on. was eyeing of GS when it decided to fall off a cliff...
[15:28] {billyc} gn all
[15:29] {Les} ciao billy
[15:30] {fernp} bye billy
[15:30] {Les} lvs .75 b/d?
[15:30] {Threei} Okay guys, let me bid you all good bye
[15:30] {Threei} share trades, satay safe
[15:30] {Les} behave yourself on the plane
[15:30] {strider} have a good time, vad
[15:31] {dino} have a good time vad
[15:31] {Threei} I'll see you all in two weekend
[15:31] {Threei} s
[15:31] {fernp} have a good trip, Vad
[15:31] {Les} ciao
[15:31] {Threei} thank you all
[15:31] {fernp} enjoy
[15:31] {Les} no sir. thank you
[15:31] {dino} vad, remember when life gives you lemons, grab the tequila and salt
[15:31] {lasertrev} have fun Vad!
[15:34] {Les} QID .43 b/o possible
[15:41] {strider} Anybody see any candidates for overnight?
[15:41] {strider} gap this morning......running up to the close?
[15:43] {fernp} watching LLL, GNVC, SANM, MHS, SYK or FRT for overnight
[15:44] {fernp} FRPT
[15:44] {strider} :)
[15:44] {dino} just things that are down big, imo
[15:44] {dino} meli, fsys, med, yge,
[15:45] {Les} GSIT, GKK
[15:45] {strider} thanks, guys
[15:45] {Les} not trading these stocks
[15:46] {strider} understood.
[15:47] {dino} tsl brutal
[15:49] {strider} MSPD maybe
[15:49] {Les} volume's there, looking at the last week of trading of MSPD
[15:51] {fernp} im long from 12.11 in SNMA, i think im going to hold it overnight
[15:51] {fernp} small shares
[15:51] {strider} SANM?
[15:51] {fernp} SANM
[15:52] {fernp} Qs falling a bit now and SANM holding on highs
[15:52] {dino} intc, jpm announce tonight
[15:53] {fernp} and SEED
[15:53] {fernp} no, SEED before open
[15:53] {fernp} sorry
[15:54] {dino} :)
[15:58] {strider} AEP is strong these days.
[15:58] {strider} Holding in IRA
[15:59] {strider} OK, fern. You're in charge tomorrow.
[15:59] {dino} out fcn -.11
[15:59] {dino} out rino flat
[16:00] {fernp} lol. have a good night everybody. Tomorrow I will be here
[16:00] {Les} night all
[16:00] {strider} see ya.
[16:02] {dino} gn all