Monday, January 25, 2010

Jan 25 2010

Very nice start to the day after a week in the Bahamas. Longs ENER, UAUA, FITB, RIMM, LVS all worked nicely with just one 10 cents stop on MYGN short.

Session Time: Mon Jan 25 00:00:00 2010

[07:20] {ese} am definitely here early......
[07:21] {ese} couldn't sleep
[07:37] {ese} anxiously awaiting the king or queens....ahhhhhhhhhh i mean vads arrival
[07:38] {strider} oh, we have a new trial member?
[07:38] {ese} whos that?
[07:38] {strider} vad
[07:38] {ese} and morning by the way st
[07:39] {ese} rotflol
[07:39] {strider} morning.....you're up early.
[07:39] {ese} ya.....can't sleep....too much crap going on at school......not with me...just events around me but they spill right on to you though
[07:40] {ese} has taken a good amount of my focus on trading away for January
[07:41] {strider} what sort of school do you teach at?
[07:42] {ese} High School....this is my program http://www.sd61.bc.ca/vichigh/band/
[07:42] {ese} thats us opening up for The Temptations a year ago
[07:45] {strider} wow. That's neat.
[07:45] {strider} Excellent music choices.
[07:46] {ese} tks....I also run a professional version of that as well /am an extra in the percussion section with the Victoria Symphony and a session musician as well....keeps me off the streets
[07:47] {ese} and with vads help....am working my way into full time trading
[07:49] {strider} Ah yes......trading. A very unforgiving pastime.
[07:50] {ese} very
[07:50] {strider} If I just had a "don't do anything stupid" button on my computer.................
[07:53] {ese} i've got one of those now.......for the first 5/6 years wasn't there......then all of a sudden it just appeared......tends to disappear once and a while though
[08:26] {nemo} sold joyg overnight hold +.76
[08:27] {strider} wtg, nemo.......took some guts to hold overnight from Friday.
[08:27] {ese} dude!!!!!!!! nice one
[08:31] {Threei} KERX Reports Statistically Significant Benefit in Survival from Updated Results of a Randomized, Double-Blind, Placebo-Controlled Phase 2 Study of KRX-0401 (Perifosine) in the Treatment of Advanced Metastatic Colon Cancer (2.74, 0.00, 0.00%)
[08:31] {Threei} Good morning everyone
[08:31] {strider} who are you?
[08:31] {Threei} I am but a humble passerby
[08:32] {ese} VVVVVVAAAAADDDDDD!!!!!!!! welcome back
[08:32] {strider} Welcome, pilgrim.
[08:32] {Threei} thanks guys, good to be back
[08:33] {Threei} how did you do?
[08:34] {ese} very well thank you
[08:36] {strider} A balanced week here. two up, two down.
[08:36] {strider} I strive for balance.
[08:36] {strider} How did your week go?
[08:37] {ese} indeed how was your week and your lectures
[08:37] {strider} med
[08:37] {Threei} it was fantastic
[08:38] {Threei} let me show you brief description I posted on the blog of the company organizing the conference
[08:38] {Threei} http://caracommunity.com/content/jan-23-2010-notes-china-shanghai-fly#comment-55893
[08:43] {strider} Cool, vad. Glad the trading went well......that must produce some anxiety.
[08:43] {ese} nice........
[08:45] {Les} Hey Vad!
[08:45] {Les} nice to see a responsible adult back in the room
[08:46] {Les} Nemo was busting our chops non stop...
[08:46] {nemo} oh please...
[08:46] {Threei} hi Les
[08:47] {Threei} not really strider
[08:47] {Threei} kind of:
[08:47] {Les} 1st green week last week. not only that, but averaged $100 daily profit target every day
[08:47] {nemo} experienced adult is more like it
[08:47] {Threei} I do it every day, and thanks to the room/log being published I do it in publis eye anyway
[08:48] {Threei} this is fantastic Les, congratulatiuons!
[08:48] {Les} actually not true. friday screwed me up, but tue thru thurs was enough to compensate
[08:49] {Threei} main concern with live trading like this is a boring day with nothing to trade
[08:49] {Threei} the rest I can handle well, even if market is not cooperating,
[08:49] {Threei} just show the [princip[le of stop placement and iron discvipline
[08:50] {Les} how many people sitting in on your course?
[08:50] {Threei} but if you run into situation when no trades are around, and you have a lot of eyes... that's nasty
[08:50] {Threei} a few dozens
[08:50] {Threei} IMMU
[08:51] {Threei} Immunomedics Inc New Targeted Therapy for Pancreatic Cancer Presented at Cancer Conference (update)
[08:51] {Threei} - 27 patients enrolled, 22 patients were evaluable and 68% of these evaluable patients showed evidence of tumor shrinkage or stable disease (SD), with one-third of these being assessed by computed tomography (CT) as partial responses (PRs) (i.e., responses showing decreases in tumor size of more than 30% and in the absence of new lesions).
[08:58] {nemo} hi lari :)
[09:01] {ese} got a plan for either of those 2 vad kerx immu
[09:01] {larisa} gm :)
[09:01] {Les} hi larisa
[09:01] {ese} laris
[09:02] {strider} larisa's back:)
[09:03] {Threei} larisa :)
[09:04] {larisa} hi guys :)
[09:05] {fernp} Good morning everybody
[09:05] {Threei} fern :)
[09:05] {Threei} IMMU, I doubt it, ese
[09:06] {Threei} KERX, keeping an eye
[09:06] {ese} ya me too
[09:12] {Threei} well
[09:12] {Threei} KERX tries to form 3 - 3.10
[09:12] {Threei} hard to twell how reliable premarket formations are, as always
[09:13] {nemo} yeah, but they seem more reliable the more volume
[09:13] {nemo} dino's rorschach tests are harder to judge
[09:13] {Threei} lol
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:15] {ese} deeeeeee no
[09:15] {dino} welcome back 3i
[09:15] {Threei} thank you
[09:16] {dino} filled a lot of lower gaps last week
[09:16] {Threei} check out first shots, http://www.realitytrader.com/photography
[09:16] {ese} yup...alll is right with the world ..your hangin...vads back....nemos introspective......everythings fine.....wheres mags though
[09:16] {Threei} really
[09:16] {Threei} slacker
[09:16] {nemo} server not working vad
[09:16] {Threei} wtf
[09:16] {Threei} woks for some
[09:17] {Threei} not for others
[09:17] {Threei} try http://realitytrader.com/photography
[09:20] {nemo} nope...can't find server
[09:20] {Les} no server here
[09:21] {Threei} try http://realitytrader.com/
[09:21] {Les} nope
[09:21] {fernp} website is down
[09:21] {nemo} nope
[09:21] {Threei} sigh
[09:21] {strider} welcome back to the real world, vad.
[09:21] {Les} happily google keeps page cache
[09:21] {nemo} doesn't matter if you want to look at pages that aren't cached
[09:22] {Les} no, but could find link to get into this chat room with cached page
[09:22] {Les} GLD .55 b/d
[09:22] {Threei} works fine from here...
[09:23] {Threei} some dns propagation issue
[09:23] {strider} not from here.
[09:23] {Threei} ese, does it work for you?
[09:23] {fernp} yes, is a DNS problem
[09:23] {ese} all my stuff is working
[09:23] {Threei} hmmm
[09:24] {Threei} nice to know
[09:24] {ese} which is odd
[09:24] {Threei} but does realitytrader work for you?? :)
[09:25] {larisa} did not work here, tried without www, works now with www and without :)
[09:25] {Threei} it's all in propagation, I am telling you
[09:28] {nemo} double top on Kerx
[09:28] {Threei} touched on 1:1, 1 cent shy
[09:33] {Threei} Long Setup: ENER .32 break if stays above .25
[09:35] {Threei} UAUA
[09:35] {lasertrev} morning
[09:35] {Threei} want long on a pullback
[09:35] {Threei} trev :)
[09:35] {Threei} ENER 1:1
[09:36] {fernp} ty Vad
[09:36] {Threei} welcome sir
[09:36] {lasertrev} thought u decided to stay in the carib. and took your site with you Vad. lol
[09:36] {Threei} lol
[09:37] {Les} nice winning to begin the week. ty sir
[09:37] {Threei} welcome
[09:37] {Threei} ugh, UAUA too fast
[09:37] {Threei} OK, better
[09:37] {Threei} .60 break long
[09:38] {nemo} too fast
[09:38] {Threei} 1:1
[09:38] {Threei} lol
[09:38] {Les} kerx lod b/d?
[09:38] {Threei} no chasing
[09:38] {fernp} too fast here
[09:38] {Threei} if you missed you missed
[09:38] {nemo} that .58 to .65
[09:39] {Threei} nah, just let it be... KERX turns into torture stock
[09:39] {Threei} UAUA turns into teleportation
[09:40] {Les} rimm weak consolidation after initial selloff
[09:41] {Threei} ACOR nice momo
[09:41] {Threei} to jumpy to call
[09:44] {Threei} interesting strength CNXT
[09:44] {Threei} US) Preview: Dec Existing Home Sales due out at 10:00ET
[09:44] {Threei} **consensus expectation: 5.90Me v 6.54M prior (-9.8% m/m)
[09:45] {Threei} did you see this on ACOR just now?
[09:47] {fernp} LVS, Vad? .65 break?
[09:47] {Threei} I like it, but .60 break is even better
[09:47] {Threei} aggressive
[09:48] {Threei} or .62
[09:48] {Threei} huge offer
[09:48] {nemo} yeah .62
[09:48] {nemo} iios
[09:48] {nemo} oops
[09:49] {fernp} stop under .55?
[09:49] {Threei} for scalpers
[09:49] {Threei} under .50 for a day trade
[09:49] {fernp} ty. i am out here
[09:51] {Threei} CNXT looks determined
[09:51] {Threei} I keep wasiting for pullback which doesn't come
[09:51] {ese} l cnxt .01
[09:51] {Threei} .90 break was a trigger on intraday
[09:52] {Threei} .01 is a bit too high...
[09:52] {Les} thanks fern out lvs +.07
[09:53] {Threei} 1:1 for .50 stop and .60 break
[09:53] {ese} out .04 +.03
[09:55] {Threei} 120K of little buggers?
[09:55] {ese} looks like more in at .00 so +.04
[09:55] {Threei} FITB
[09:56] {dino} intc l .25
[09:57] {ese} 12k vad
[09:58] {ese} good enough....
[09:58] {ese} spread was good T&S moving with right momentum classic
[09:59] {strider} esisting home sales coming
[10:01] {Threei} US) DEC EXISTING HOME SALES: 5.45M V 5.9ME (-16.7% M/M)
[10:02] {ese} no commision either i'm in the free trades category based on the number o trades i've made this month.....kinda like free range chicken.....
[10:03] {ese} trading whatever i like with no cost
06[10:03] * nemo slaps ese around a bit with a large hen
[10:03] {ese} yukm
[10:03] {ese} yum
[10:03] {Les} you mean you're tastier when roasted ese?
[10:03] {strider} having trouble accessing other websites this morning.
[10:03] {strider} in addition to RT
[10:03] {strider} maybe all the rain.
[10:04] {ese} yes indeed
[10:04] {ese} les
[10:05] {dino} boh sm l .39
[10:05] {billyc} gm all happy monday
[10:06] {ese} billy
[10:06] {strider} wonder what's up with AMZN?
[10:07] {larisa} earnings coming 28th i think
[10:07] {nemo} market just broke support
[10:07] {Threei} billy :)
[10:07] {Les} hi billy
[10:09] {Threei} Long Setup: FITB .45 if holding .40
[10:10] {dino} boh stopped -.33
[10:10] {Threei} .40 break if holding .35
[10:10] {Threei} .35 break if holding .30
[10:10] {nemo} .32 support
[10:10] {Threei} usual bottom-hunting routine
[10:15] {Threei} US Supreme Court rules to limit NYC suit against tobacco companies
[10:15] {Threei} - in 5-3 vote the Supreme Court threw out the city's claim that it could sue tobacco companies
[10:15] {Threei} under racketeering laws for selling cigarettes online at a discount and thus avoiding millions of dollars in taxes.
[10:15] {Threei} FITB 1:1
[10:16] {Les} half out
[10:17] {Les} other half out flat
[10:17] {Threei} and stop to .34?
[10:17] {Threei} hmmm
[10:17] {Threei} flat?
[10:17] {dino} fdx sm l .22
[10:17] {Les} late entry
[10:17] {Threei} where did you enter?
[10:17] {Les} .38
[10:18] {Threei} 1:2
[10:18] {Les} 1k. treated it as type 1
[10:18] {Threei} here is discrepancy in this approach:
[10:18] {Threei} type I requires very precise execution as you have very littlwe room,
[10:19] {Threei} 5 cents stop, buying 3 cents hogher you have way too big % of deviation
[10:19] {Threei} so,
[10:19] {Threei} eoither you treat it as type 2,
[10:19] {Threei} or you enter at your trigger
[10:20] {Threei} 1:3
[10:20] {Threei} see my logicZ?
[10:20] {Les} y
[10:20] {Threei} 1:4
[10:20] {Threei} if you miss it, wait to see if it comes back
[10:20] {Les} there is my fault
[10:20] {Threei} try to angle it as conservative entry
[10:20] {Les} wanting to get on the bandwagon
[10:21] {Threei} yeah, take it easier on a "missed" sidfe
[10:21] {Threei} it's gone - so be it, next bus is around the corner
[10:21] {Les} yeh
[10:21] {strider} vix at 25ish......hod near 28
[10:21] {dino} rino sm l .75
[10:22] {strider} sorry...28 was from friday.
[10:22] {ese} Lcien .91
[10:22] {Threei} when you weed out those tradesd where you chase your entry, you'll sdee nice improvemnent on overall performance
[10:22] {Les} yes, am repeating mistakes recognised from friday
[10:23] {Les} when market was bouncing like this
[10:23] {ese} stop .84
[10:27] {ese} out cien .97 +.06
[10:27] {fernp} IVAN if breaks 3.00? What do u think, Vad?
[10:28] {ese} cien could reach for the sky next couple of days....just seems like it's itching to go up.....been a cash cow for me for the last week
[10:30] {Threei} IVAN requires momo fern
[10:30] {fernp} ok. ty
[10:30] {Threei} otherwise this one will torture you for untold centuries
[10:31] {Threei} I'd avoid it at no-momo-times
[10:31] {Threei} US) JAN DALLAS FED MANUFACTURING ACTIVITY INDEX: 8.3 % V 6.0%E
[10:31] {fernp} i understand. ty Vad
[10:32] {strider} short HOG .62
[10:32] {nemo} support at .50
[10:33] {strider} don't see it .. where?
[10:33] {nemo} 3:30 on Friday
[10:33] {strider} gotcha.
[10:33] {strider} thx
[10:34] {fernp} BAC on lows
[10:34] {nemo} np
[10:37] {Threei} unclear moment in the market
[10:38] {Threei} we are at 100% so far, don't want to push too much right now
[10:38] {Threei} waiting for a clearer setup
[10:38] {nemo} plus...it's lunchtime in the middle of the atlantic
[10:39] {Les} that would mean its 11 oclock drinkies over your way...
[10:40] {nemo} no...recovering from watching seven hours of football yesterday
[10:40] {Threei} ok, while it's quiet
[10:40] {Threei} tyhere is something about me and boats... seems being on them increases my drinking capacity
[10:40] {Threei} just as last time in Nassau,
[10:41] {nemo} I can vouch for that
[10:41] {Threei} it turned out this time that having a glass of rum in one hand, glass of bahama-mama in another and using latter to wash down the former
[10:41] {Threei} creates a hell of a pasrty very quickly
[10:41] {Les} fas at support. watching b/d for WFC short .20
[10:42] {larisa} if you remember it so clear, you did not have enough :)
[10:42] {dino} lol
[10:43] {Les} is that why you have head in your hand in the photo you published?
[10:43] {Les} you don't look very chirpy
[10:43] {Threei} it just was to early to be fully awaken
[10:43] {strider} cover HOG +.06........forming dbl bottom
[10:44] {Threei} I do remember that I decisiveli declined invitation to scale the climbing wall
[10:44] {Threei} so I guess some degree of self-control was there
[10:45] {Les} note to self - vad is not a masochist
[10:46] {Threei} not at all
[10:46] {nemo} why'd you get married then?
[10:46] {Threei} my motto is - no pain? good!
[10:46] {Threei} I was young and stupid
[10:46] {strider} haha
[10:46] {Les} well you won't be any fun on a pub crawl
[10:47] {strider} I guess you won't be participating in any beer runs, soon?
[10:47] {strider} Used to be in running club.......
[10:47] {strider} couple of times we had a 10kilometer race.......
[10:48] {strider} had to stop at each mile and drink a beer.
[10:48] {fernp} FAZ vad?
[10:48] {Threei} hash runners
[10:48] {Threei} not my thing
[10:48] {nemo} in college we used to play backgammon for shots
[10:48] {Threei} strider, you got a good one there it seems
[10:48] {nemo} loser had to drink as many chips as he had left on the board
[10:48] {Threei} on HOG
[10:49] {Threei} no fern
[10:49] {Threei} not my type of trade
[10:49] {strider} well....took +.06 because of the dbl bottrom formation. :(
[10:49] {Threei} pullback intp .40 is where I'd get interested
[10:49] {strider} still hasn't really gone anywhere from my .62 entry.
[10:51] {Les} now finance.yahoo.com is down
[10:53] {strider} I've got it here, les.
[10:53] {Threei} looks like a lot of problems on diff routes
[10:53] {ese} still waitin on kerx......have bstop on cien at .01
[10:53] {Threei} many sites work for some parts of the world while not for others
[10:53] {strider} probably some servers on east coast are having problems. I saw it some last night as well. Big time rain here.
[10:54] {Les} someone cut a main network route again...
[10:54] {strider} if not servers, actual lines........connections can get wet.
[10:54] {dino} here too
[10:55] {billyc} Trevor i need to talk to you about laser can we chat privately?
[10:55] {lasertrev} np
[10:56] {nemo} right click on his name billc and choose "DCC"
[10:57] {billyc} do not see DCC when i right click on lasertrev
[10:58] {lasertrev} billy, click on my name at the top of this screen.
[10:58] {nemo} you in mibbet or mirc?
[10:58] {billyc} mibbet
[10:58] {lasertrev} mibbit
[10:58] {nemo} oh...sorry, that was for mirc
[10:59] {Les} another airplane down. ethiopian, taking off from Lebanon
[10:59] {Threei} billy, just dpoubleclick on his name
[10:59] {Threei} not a right click
[10:59] {dino} out intc .42, +.17
[11:00] {Threei} new window will appear for private cvonversation
[11:00] {strider} aig
[11:01] {ese} ok....my quotes are now buggared
[11:01] {Threei} looks tempting for a short
[11:01] {Threei} daily too
[11:01] {strider} aggressive?
[11:01] {ese} whats goin on
[11:02] {Threei} let's try to find setup with .05 trigger strider,
[11:02] {Threei} and if it bounces too high invalidating that one, wer will look for aggressive
[11:02] {strider} in partial at .15
[11:02] {ese} showing the 26th on the daily chart......hmmmmmm
[11:03] {dino} fdx stopped
[11:04] {fernp} .05 break short w/stop above .15 is the play, no?
[11:04] {ese} bstop pulled for cien.......don't know what the H is going on
[11:05] {nemo} mmmmhhhh....good reason to be in a trade
[11:05] {Threei} yes fern
[11:05] {Threei} EU) Chief of Foreign Policy Baroness Catherine Ashton: EU has begun to consider further measures against Iran due to lack of progress on nuclear issue
[11:05] {lasertrev} billy, I sent you a email.
[11:07] {nemo} oh, oh
[11:07] {billyc} i got it call me and send the link for the laser demo thanks
[11:07] {fernp} qqqq falling hard
[11:07] {nemo} everything falling hard, except aig
[11:08] {fernp} lol
[11:08] {strider} you noticed:)
[11:09] {nemo} strider, you're like that guy at the dog track in that movie
[11:09] {strider} could you be a little less specific?
[11:09] {larisa} lol
[11:09] {Threei} lol
[11:09] {nemo} can't remember
[11:09] {fernp} lol
[11:09] {nemo} Robert Deniro, the kid, Chaz Palmentieri
[11:09] {Threei} so use AIG as a fade
[11:10] {Threei} or just drop it
[11:10] {strider} I'll hold for .20 stop .05 risk.
[11:11] {Threei} eith your entry yes, it's the most sensible approach
[11:11] {ese} ok quotes are back but charts are buggared
[11:12] {nemo} A Bronx Tale
[11:12] {ese} am already past 4pm on my 1min chrt....those little dashes go quick
[11:15] {ese} wow....heres a heads up for you all......cien is already up for tuesday the 26th......talk about inside information
[11:25] {strider} aig
[11:27] {Threei} still there, lol
[11:28] {Threei} so is FAZ
[11:28] {Threei} so is market
[11:28] {Threei} teasing phase
[11:28] {Threei} market pretends to set ups something, only to snap back immediately
[11:28] {Les} yeh that shot me to hell Friday.
[11:28] {Les} some serious overtrading
[11:29] {Les} and a big hole was dug
[11:35] {Threei} AIG starts workjing for you strider
[11:36] {strider} yeah..I'm out +.12
[11:36] {strider} in the nick of time.
[11:37] {dino} going for open gap fills
[11:37] {dino} or does 1080 gap come into play
[11:37] {strider} LYV
[11:38] {strider} where is magoo?
[11:39] {dino} he is working on his taxes
[11:40] {Threei} sheesh
[11:40] {Threei} tell him to stop paying them
[11:40] {dino} lyv merger
[11:41] {dino} tktm off of lyv
[11:49] {Les} rimm .35 b/d
[11:49] {Les} .30
[11:49] {Les} stop large. small shares
[11:49] {nemo} that's looking more like a DB les
[11:50] {Threei} chart looks right but volume gives no indication
[11:50] {Threei} just steady stream...
[11:50] {Threei} can't tell one way or another
[11:50] {Les} y, but lots of overhead resistance. will watch it
[11:51] {Threei} I would feel better about long side, if consolidates a little, then breaks .50
[11:51] {Threei} with market help of course
[11:51] {nemo} starting to get increasing volume trend
[11:51] {Les} yeh. market playing pinball at the moment
[11:52] {nemo} lunchtime
[11:52] {Threei} eqzaktly
[11:52] {Les} time for a drink then
[11:53] {dino} snda sm l .07
[11:57] {Threei} (US) Treasury's Wolin: New bank regulations are not a return to Glass-Steagall; size and scope of the rules could cover foreign banks
[11:57] {Threei} - New rules will include a "transition period."
[11:57] {Threei} - Will not replace existing deposit caps
[11:57] {Threei} - Plan is aimed at limiting future growth of financial firms.
[11:58] {strider} that could affect ese.
[11:58] {Threei} guess who is on tv
[11:59] {nemo} Paula Patton?
[12:00] {dino} howard roake
[12:00] {nemo} on the next book, huh?
[12:00] {strider} Brangelina?
[12:00] {dino} lol
[12:00] {dino} yes
[12:01] {nemo} what's the little twirp's name at the newspaper?
[12:01] {Les} Jean Seberg?
[12:01] {dino} tooley?
[12:01] {dino} elsworth
[12:01] {nemo} yeah...
[12:04] {Threei} US Pres Obama formally announces limits on student loan payments
[12:04] {Threei} - Also proposes automatic workplace IRAs to generate retirement savings.
[12:04] {Threei} - Note: A NYT report yesterday said it could be among the President's proposals aimed at helping the middle class. The article reports that "a cap on federal loan payments for recent college graduates at 10% of income above a basic living allowance, would cost taxpayers roughly $1 billion.
[12:06] {nemo} that student loan program is going to turn into another mortgage fiasco
[12:07] {Les} PM miners at lod's. AUY, GG, SLW
[12:07] {dino} no kidding
[12:07] {Threei} RIMM solidly above 1:1
[12:08] {Threei} feel free to exit who took it
[12:08] {nemo} I missed that call
[12:08] {Threei} [11:51] {Threei} I would feel better about long side, if consolidates a little, then breaks .50
[12:08] {Threei} [11:51] {Threei} with market help of course
[12:08] {Threei} musings rather than call
[12:09] {nemo} oh yeah...duh...I was thinking long side on it too...moth brain
[12:12] {ilana} also www.orbitz.com is helpful
[12:12] {nemo} ?
[12:13] {ilana} for booking a flight
[12:13] {ilana} nevermind
[12:14] {Les} Vad, SLW consolidating for a .55 b/d?
[12:14] {Les} market going north though
[12:20] {nemo} 5.0 earthquake in alaska
[12:20] {nemo} lotta' that going on lately
[12:20] {nemo} 2012
[12:21] {nemo} joyg
[12:22] {Threei} don't know Les
[12:22] {Threei} just not a good time for continuatiuon setups
[12:22] {Threei} or reversal setups
[12:22] {Threei} or any setups
[12:23] {nemo} I was going to say...continuation or reversal, what else is there?
[12:24] {dino} sm l itri .01
[12:25] {dino} nemo, don't hold back, say it
[12:25] {nemo} you mean the "rorschach" test :)?
[12:25] {dino} 12:23
[12:26] {nemo} btw..."watchmen" was a really good movie
[12:26] {nemo} oh, no, that was a reply to vad.
[12:30] {Les} just finished watching Enron: smartest guys in the room
[12:30] {Les} talk about foxes guarding the hen house these last ten years
[12:31] {dino} makes me think of den of thieves and liars poker books
[12:33] {Les} not helped by this dummy judge who asserted that restricting contributions is a freedom of speech violation
[12:34] {Les} big money contributions
[12:36] {Les} l slw .55. .50 stop
[12:42] {fernp} TD on highs ignoring the market
[12:42] {Les} FAS powering along fern
[12:55] {Les} out slw +.04
[12:55] {Threei} why not
[12:55] {Threei} better than poke in the eye
[12:56] {Les} low target for daily profit. 5 bucks short for the day now
[12:58] {dino} gj
[13:00] {Les} ty dino. U got any bottom dwellers that interest you right now?
[13:05] {dino} most things are just stuck
[13:06] {dino} out snda ave .46, +.39
[13:09] {Threei} wtg
[13:11] {Threei} Short Setup: MYGN .20 break
[13:12] {dino} thx
[13:15] {fernp} stop .26?
[13:16] {Threei} for a pesky scalper
[13:16] {Threei} otherwise .30
[13:16] {fernp} ok ty
[13:17] {strider} setting on S3 support, .20
[13:17] {nemo} yep
[13:23] {Threei} RMBS Hearing Broadpoint making cautious comments on likelihood Micron would settle (timing uncertain)
[13:23] {Threei} - Broadpoint does not see Micron settling lawsuit with Rambus like Samsung had (24.49, -0.25, -1.01%) (related MU )
[13:32] {dino} cut snda bit too soon
[13:36] {Threei} AIG turned out to be a spectacular short eh?
[13:37] {fernp} true
[13:43] {Les} crap. hope MYGN is still valid. short .19
[13:43] {nemo} tighter stop even
[13:44] {Les} seen ty
[13:45] {Les} WFC b/o
[13:50] {fernp} LVS 16 break?
[13:50] {Threei} sure
[13:51] {fernp} with stop under .90
[13:51] {Threei} questionable time of the day but heck, if you don't take this kind of setups what do you trade at all
[13:52] {fernp} sure :-)
[13:53] {fernp} stopped MYGN
[13:55] {Threei} TKTM...
[13:55] {Threei} has this "non-stop" feel to it
[13:59] {Threei} and what do you know... stopping it isn't
[14:01] {patience} .
[14:03] {strider} stop mygn
[14:07] {Les} ditto
[14:09] {Threei} LVS slowly works
[14:10] {strider} AIG recovering
[14:10] {fernp} yeah sold half, and raise my stop to under .95
[14:11] {Threei} AIG S&P lowers corp credit rating on AIG's ILFC unit to BBB- from BBB+
[14:11] {Threei} - Intl Lease Finance's senior debt rating cut to junk, BB+ from BBB+ (25.68, -0.82, -3.09%)
[14:12] {fernp} yo no
[14:12] {fernp} opps. wrong window
[14:12] {ilana} AMZN is down today big time
[14:13] {strider} hi ilana.
[14:13] {ilana} has all the way up to fill the gap?
[14:13] {ilana} hi :-)
[14:13] {strider} It fell 5 bucks Friday afternoon.
[14:13] {nemo} .57 cents
[14:13] {strider} very dramatic.
[14:13] {Les} l RIMM .76
[14:27] {fernp} out LVS .10
[14:27] {fernp} ty Vad
[14:27] {Threei} :)
[14:32] {ese} .
[14:32] {Threei} Update: Morgan Stanley moves Airlines Sector to Attractive from Cautious
[14:32] {ese} had to go and supervise my 1hour of an exam.......whats the scam ...hows it goin
[14:34] {fernp} realitytrader.com still down
[14:34] {i2romantis} i'm able to get to realitytrader.com
[14:35] {fernp} not here
[14:36] {fernp} cant resolve the IP. is a DNS problem
[14:36] {Threei} fern
[14:36] {Threei} try http://98.130.153.96
[14:37] {nemo} yeah, that works..
[14:37] {Les} I'm in
[14:37] {fernp} works perfectly. so is a DNS issue
[14:37] {nemo} no pictures showing up in the photo section
[14:37] {nemo} eh...reloaded...fine
[14:38] {Les} you might have a PR issue with this address Vad
[14:38] {strider} out LVS +.09, +.15
[14:38] {Threei} Les?
[14:38] {Les} not sure it's going to pull traders in with http9813015396
[14:38] {Les} doesnt sound like your old title
[14:38] {Les} realitytrader
06[14:38] * nemo slaps Les around a bit with a large apple II dual floppy pc
[14:39] {Les} might attract the thought police though
[14:40] {Threei} lol
[14:41] {strider} dual floppy? Show-off.
[14:41] {nemo} first pc I ever worked on ...visicalc
[14:41] {Les} I've heard of these computers
[14:47] {Threei} LVS over 1:2
[14:50] {Threei} nice move fern
[14:50] {fernp} :-)
[14:50] {Threei} shows the power of taking standard plays with no secondf guessing
[14:50] {fernp} good monday here
[14:50] {Threei} [13:51] {Threei} questionable time of the day but heck, if you don't take this kind of setups what do you trade at a
[14:50] {fernp} one stop, six winners
[14:51] {Threei} yup
[14:53] {Les} out RIMM +.02. going nowhere
[14:53] {ese} L cien .96
[14:53] {ese} sorry .98
[14:53] {dino} out itri .62, +.61
[14:54] {Les} gj
[14:55] {dino} thx
[14:55] {ese} as we take a look at that..........outstanding dino.....isn't that what they say in the army down there
[14:56] {fernp} gotta go. Good evening everybody. see you all tomorrow
[14:56] {nemo} so...does rimm break the wedge long???
[14:56] {Threei} take care fern
[14:56] {nemo} cya
[14:57] {ese} fern
[14:58] {Les} ciao fern
[14:59] {Les} watching the q' for another entry in RIMM nemo
[14:59] {Les} there you go. that's what happens when you second guess a trade
[15:00] {Les} RIMM 1:1
[15:00] {Les} how rude
[15:01] {dino} thx es
[15:13] {Les} MYGN long ..38 or .40 b/0?
[15:14] {dino} ohhhh mannnnnnnnnnnnnnnnn, reminds me of december afternoon market
[15:14] {nemo} market pulling back
[15:14] {dino} snda gives it back
[15:16] {Les} MS .02 b/d?
[15:17] {nemo} yeah, watch support at .98
[15:17] {Les} ta. missed the WFC b/d
[15:21] {Les} s ms .01
[15:27] {Threei} (US) USDA: China bans poultry imports from Texas and Pennsylvania, effective Jan 15
[15:27] {Threei} - No details on why the ban has been imposed.
[15:27] {Threei} - Earlier this month Japan banned poultry imports from Texas and Cuba banned Pennslyvania poultry shipments after reports of low pathogenic avain influenza in the two states.
[15:28] {Les} out ms +.08.
[15:29] {Les} profit target met for the day. C U's tomorrow
[15:29] {nemo} cat break of .15 long...look at the offer
[15:29] {nemo} although...
[15:30] {dino} china trade war is coming
[15:30] {nemo} yep
[15:32] {dino} meli, just about filled that nov gap this morning
[15:32] {nemo} out 1/2 .25 cat
[15:33] {dino} cya les
[15:35] {nemo} stop to .20
[15:36] {nemo} 1/4 more .34
[15:36] {nemo} poetry
[15:37] {nemo} stop .28
[15:39] {nemo} frickin' feline
[15:39] {nemo} stopped last 1/4
[15:41] {ese} gotta go see ya tomorow...still holding cien
[15:45] {Threei} take care ese
[15:50] {billyc} gn all
[15:52] {Threei} thank you all
[15:53] {Threei} have a good evening, see you tomorrow
[15:53] {nemo} gnite
[15:57] {dino} gn all