Mar 02 2010

Nice first half of the day, mostly dead afternoon - just another day in the office. SQNM, AIG, SEED, SPLS were among notable movers.

Session Time: Tue Mar 02 00:00:00 2010

[07:19] {_jfjf64} mornin

[07:37] {Threei} CRAY Custom Engineering Group to Work With Microsoft Research on Cloud Computing

[07:37] {Threei} CRAY today announced its custom engineering group will work with Microsoft Research to explore and prototype a system that could provide a glimpse into the future of cloud computing infrastructure. The initiative represents the custom engineering group's first breakthrough into the commercial market.

[07:37] {Threei} - The objective of the technology development initiative is to design a supercomputing architecture that dramatically lowers the total cost of ownership for cloud computing data centers. Cray's custom engineering group will design a system infrastructure that combines super efficient power delivery, high-density packaging and innovative cooling technologies. This solution is intended to significantly reduce facility, power and hardware costs.

[08:16] {Threei} Dendreon Corp Hearing Favus Institutional Research making cautious comments (timing uncertain)

[08:16] {Threei} - Note: DNDN management will present at the 12th Annual BIO CEO and Investor Conference in New York City on Tuesday, February 9, 2010 at 2:00 p.m. E.T.

[08:30] {Threei} GR) Greek govt spokesman: Greece to announce austerity measures tomorrow

[08:30] {Threei} finally.. suspense is killing me

[08:30] {nemo} sounds like a vaseline shortage coming

[08:45] {Threei} Tuesday, March 02, 2010 8:44:46 AM

[08:45] {Threei} Preview: Feb US Vehicle Sales numbers expected throughout the day from major auto makers

[08:45] {Threei} **consensus estimates y/y:

[08:45] {Threei} - Ford (Noon ET): +33%

[08:45] {Threei} - GM (09:45ET): +20%

[08:45] {Threei} - Chrysler: -18%

[08:45] {Threei} - Toyota: -10%

[08:45] {Threei} - Honda: +24%

[08:45] {Threei} - Nissan: +38%

[08:45] {Threei} {--- proud to contribute to Nissan's success

[08:54] {Threei} DNDN Hearing Deutsche Bank making positive comments (timing uncertain) (32.51, 0.00, 0.00%)

[08:58] {dino} gm all

[08:59] {Threei} dino :)

[09:01] {Les} hi dino, vad

[09:01] {Threei} les :)

[09:01] {nemo} haroo

[09:01] {_jfjf64} mornin my trading family

[09:02] {Les} hi mom

[09:02] {Threei} jf :)

[09:02] {nemo} mmmhhhh...shall we call Les Oed

[09:02] {_jfjf64} les is funny guy

[09:02] {_jfjf64} lol

[09:03] {Les} Nemo brings the worst out of me jf

[09:03] {nemo} Yeah...it's my fault

[09:03] {nemo} my ex said it was my fault she gained weight...go figure

[09:03] {Threei} nemo does that to people

[09:04] {Threei} I distinctly rwemember the boat where he brought the alcoholic out of me

[09:04] {nemo} actually I'm very good at helping people's souls transition to their next incarnation

[09:04] {Raven} cough

[09:04] {Threei} lol

[09:05] {fernp} Good morning everybody

[09:05] {Threei} fern :)

[09:06] {billyc} gm all

[09:06] {Threei} billy :)

[09:06] {billyc} vad

[09:07] {Threei} DNDN's active and volatile this morning

[09:09] {ese} good morning

[09:09] {Threei} ese :)

[09:09] {billyc} ese

[09:09] {Les} ese, billy

[09:10] {Les} fern

[09:10] {billyc} les

[09:10] {Les} and even a good morning to Raven, who is always as quiet as a ....

[09:10] {Les} Raven?

[09:11] {ese} les...billy

[09:11] {Les} a mouse?

[09:11] {Les} a serious trader? (unlike myself)

[09:12] {Les} I'll shut up now

[09:12] {nemo} that should last about 30 seconds

[09:13] {Raven} mourn to you Les

[09:13] {Les} morning, or mourning?

[09:13] {Raven} yes

[09:13] {nemo} wow, lasted 1 minute

[09:14] {billyc} lol

[09:14] {Threei} improved self-control, ya know

[09:14] {nemo} better than me

[09:15] {Threei} SQNM Cantor Fitzgerald Raised SQNM to Buy from Hold, price target: $16

[09:15] {Threei} wow

[09:15] {Threei} sweet target

[09:16] {ese} ya.....but can it get there

[09:17] {Threei} no but can be scalped on the way

[09:19] {ese} indeed

[09:20] {larisa} gm :)

[09:20] {Threei} larisa :)

[09:21] {larisa} vad :)

[09:22] {Les} hi larisa. SQNM going for gold...

[09:23] {larisa} les :)

[09:24] {lasertrev} morning

[09:24] {Threei} trev :)

[09:25] {ese} laris LT

[09:25] {billyc} trevor larisa

[09:25] {lasertrev} hi:)

[09:27] {ese} what do you make of dndn this morning vad

[09:28] {ese} was thinkin .60 break but it's far exceeded that

[09:28] {Threei} will be a widowmaker

[09:28] {ese} gotcha

[09:28] {Threei} presentation on March 9,

[09:28] {nemo} mon popping

[09:28] {Threei} one downgrade and one upgrade

[09:29] {ese} thats the term they used for russian sailors who were on submarines wasn't it?

[09:29] {ese} widow maker

[09:29] {Les} .75 break on sqnm?

[09:29] {Threei} I'd prefer pullback, but who knows, hot thing

[09:32] {Threei} pullback is coming

[09:32] {Threei} let's see if we get 7.70 or so

[09:32] {Threei} ideally would be entry near .70 with stop under .60

[09:33] {Threei} keep half lot ready

[09:33] {Threei} will be awfully fast when bottoming

[09:33] {nemo} MAGS!

[09:34] {magoo} HEY

06[09:34] * Threei slaps magoo around a bit with a large "WHERE HAVE YOU BEEN!" banner

[09:34] {magoo} i needed a break, but im back now

[09:34] {Threei} finally

[09:34] {magoo} first break since i joined

[09:34] {Les} no more snow to shovel?

[09:35] {Threei} get ready guys

[09:35] {Threei} here comes last leg of pullback

[09:35] {Threei} fast players only

[09:35] {magoo} which one?

[09:35] {Threei} SQNM

[09:35] {nemo} sqnm

[09:35] {magoo} ty

[09:36] {Threei} not yet

[09:36] {Threei} AIG btw

[09:37] {magoo} yea

[09:37] {Threei} keep half lot ready as well

[09:37] {Threei} not ready either, just ruined double bottom setup

[09:37] {Threei} well, SQNM

[09:38] {Threei} .90 break...

[09:38] {Threei} less athusiastic about it

[09:38] {Threei} would still prefer deeper pullback

[09:38] {Threei} but if holding .80 and breaks .90, valid play

[09:39] {Threei} 1:1

[09:39] {_jfjf64} ty

[09:39] {Threei} yw

[09:39] {fernp} ty Vad

[09:39] {Threei} just a scalp

[09:39] {billyc} thanks

[09:39] {ese} MMMMAAAAAGGGGGGGSSSSSSSS!!!!!!!!!

[09:39] {Threei} not enough pullback for me to risk for more

[09:39] {magoo} ty vad

[09:40] {magoo} 03 out

[09:40] {Les} aig

[09:40] {magoo} ES:)

[09:40] {Threei} welcome sir - consider it my greeting for you

[09:40] {Threei} crap, missed AIG

[09:40] {magoo} you know i want much more right lol

[09:40] {Threei} but of course

[09:40] {magoo} some things do NOT change

[09:40] {Threei} but let's start slowly

[09:40] {dino} gj

[09:40] {magoo} watching AIG

[09:41] {Threei} was thinking of AIG .30 break, and couldn't decide

[09:41] {_jfjf64} magoo ya bring out best in vad

[09:41] {Threei} lol

[09:41] {Threei} ok, SQNM tries to turn into serious momo

[09:41] {Threei} let's try for entry un pullback under .10

[09:41] {Threei} as close to 8 as possible

[09:42] {Threei} AIG, entry around .35

[09:42] {Threei} half lot!

[09:42] {Threei} don't go xcrazy on size, these moves can be a killer

[09:43] {_jfjf64} ba

[09:44] {Threei} wow... SQNM not letting us in

[09:44] {nemo} aig has support at .45 too

[09:45] {Threei} I seriously hate to chase this kind

[09:45] {nemo} what sqnm?

[09:45] {Threei} they tend to reverse on you just when you give up on wasiting for pullback and hit buy

[09:45] {nemo} then let's find something else

[09:45] {Threei} AUG is getting there

[09:46] {Threei} General Motors Corp Reports Feb US Vehicle Sales +32% v +20%e; to 138K units

[09:46] {Threei} OK, AIG, first strength

[09:46] {Threei} stop under .20

[09:46] {Threei} in .33

[09:46] {nemo} oops

[09:48] {Threei} half lot, about 15 cents risk

[09:48] {magoo} in .29

[09:48] {Threei} looks good for try

[09:48] {Threei} if double bottom scenario works, should be fine for .60 at least

[09:48] {dino} rino

[09:49] {Threei} stopped

[09:49] {nemo} if aig loses low look for it to bounce at .10

[09:50] {Threei} I think lower nemo

[09:50] {nemo} i said bounce...could be on the way down the cliff though

[09:50] {Threei} SEED?

[09:51] {magoo} stop

[09:51] {Threei} no news that I see

[09:51] {ese} dino what do you think of spls

[09:52] {dino} on screen

[09:52] {dino} would like close to db on it

[09:52] {Threei} come on already SQNM

[09:53] {ese} tks

[09:54] {ese} mrkt slowly loosing life.......

[09:55] {dino} snda sm l .10

[09:56] {ese} nice dino

[09:57] {billyc} gj

[09:57] {dino} so far

[09:57] {dino} feels like yesterday

[09:57] {strider} long TM .07

[09:57] {Threei} Long Setup: ENER on pullback under .40

[09:57] {strider} long KO .35

[09:57] {Threei} stop under .35

[09:59] {magoo} SNDA nice dino

[09:59] {magoo} ou6t .54

[09:59] {dino} ty

[09:59] {Threei} wtg

[09:59] {Threei} AIG serious hit

[10:00] {dino} stop is .50

[10:00] {Threei} SEED again...

[10:01] {magoo} [09:42] {&Threei} AIG, entry around .35

[10:01] {magoo} [09:42] {&Threei} half lot!

[10:01] {magoo} [09:42] {&Threei} don't go xcrazy on size, these moves can be a killer

[10:01] {nemo} sqnm forming bull flag?

[10:01] {magoo} great example vad

[10:01] {Threei} oh yeah, you don't control risk on these ones, you are dead

[10:01] {dino} out +.42

[10:02] {Threei} I doubt it nemo

[10:02] {Threei} it's a momo mover

[10:02] {Threei} if it loses mojo, it's dead

[10:02] {ese} L qqqq .70

[10:02] {Threei} it needs nice pullback to reignite the passion

[10:04] {ese} stop .65

[10:05] {Threei} Long Setup: AIG .70 half lot

[10:05] {nemo} I've got a support line on aig at .50 for some reason

[10:06] {magoo} in

[10:06] {dino} spls es

[10:06] {Threei} DNDN FDA Spokesperson: DNDN is not expected to face FDA advisory panel

[10:06] {Threei} *** (31.95, -0.56, -1.72%)

[10:06] {Threei} hmm?

[10:07] {Threei} pre-approved??

[10:07] {Threei} feel free to take profit on AIG

[10:08] {Threei} 1:1

[10:08] {dino} cacc, thinny, wide

[10:08] {Threei} DNDN will eat shorts for breakfast now

[10:08] {ese} nice one boys....just wasn't fast enough

[10:08] {Threei} mags in fine shape despite sabbatical

[10:09] {Threei} if he gets this kind of lighteningly fast entries

[10:09] {ese} tks dino

[10:09] {Threei} can't call DNDN guys, this is not technical move at all

[10:09] {ese} thoughts?

[10:10] {Threei} pure momo

[10:10] {ese} spls

[10:10] {nemo} sqnm coming into support

[10:10] {Threei} here is full text, see if you can make sense of it:

[10:10] {Les} in dndn .51 out .80 ty vad

[10:10] {Threei} Dendreon Corp Reportedly FDA comments that DNDN will not have to go before another FDA advisory panel for Provenge; confirms FDA PDUFA action date is May 1

[10:10] {Threei} ***Note: Earlier today there was an analyst note that suggested that investors should sell DNDN.

[10:10] {dino} spls l .05

[10:10] {Threei} FDA PDUFA action date is May 1 _ I don't know what that means

[10:11] {dino} syke

[10:11] {dino} ntri

[10:11] {Threei} analyst that suggested sell this morning will spend next couple weeks in a godhouse I suppose

[10:11] {dino} ioc

[10:11] {nemo} ioc

[10:12] {Threei} SQNM slid where I wanted it to, but is too slow still... not ready for bounce

[10:12] {Threei} umm

[10:12] {nemo} helluva' stop on ioc

[10:12] {Threei} godhouse = doghouse

[10:12] {nemo} outhouse

[10:12] {Threei} lol

[10:12] {Les} ah. that sounds better

[10:12] {dino} huh? ioc, not in, watching

[10:12] {magoo} out aig .91

[10:12] {magoo} ty

[10:13] {nemo} understand, helluva stop on it where it is

[10:13] {Threei} welcome... don't oversit them mags

[10:13] {dino} ok

[10:13] {Threei} Fed's Hoenig: Reaffirms Fed should not guarantee markets an 'extended period' of low rates; longer rates 'will take care of themselves' - CNBC interview

[10:13] {Threei} - feels that the Fed cannot go to 1% interest rate without causing issues, but believes the economby is strong enought to digest a 1% fed funds rate when it gets there

[10:13] {Threei} - expecting growth at slightly more than 3%, which should help employment; Fed must become prepared to raise rates as "1% is not tight"

[10:13] {Threei} - Note: At the last meeting Hoenig dissented, seeking removal of 'extended period' language

[10:13] {dino} tighten spls to .99

[10:13] {dino} mt drop

[10:14] {nemo} big volume just came into ioc

[10:14] {dino} snda hitting yesterdays lod

[10:14] {Threei} ENER, a little more...

[10:14] {Threei} this is scalp type I play

[10:15] {Threei} ese's kind

[10:16] {larisa} should not type 1 have volume? or ese willl easy double the volume :)

[10:16] {ese} tks vad....just noticed...what are you thinkin

[10:16] {nemo} ioc just bolted

[10:16] {Threei} .35 support to placew stop under it, ese,

[10:17] {Threei} want long between .35 and .40, wherevr iot strengthens,

[10:17] {Threei} with exit around .45

[10:17] {Threei} lol larisa

[10:18] {Threei} it has a lot of liquidity

[10:18] {Threei} VXX,

[10:18] {Threei} watch for long entry around .40

[10:18] {nemo} wow, ioc buck in 3 minutes

[10:19] {Threei} udeally .35 even

[10:19] {dino} ntri l .25

[10:19] {Threei} SQNM played out from under .10

[10:19] {Threei} I didn't have enough conviction for a call

[10:20] {nemo} bounced right of 50 ma

[10:20] {dino} out ntri .42, +.17

[10:21] {dino} nemo, what the f# ioc?

[10:21] {nemo} yeah, gave no warning, just popped

[10:21] {dino} stopped spls -.06

[10:22] {nemo} ntri

[10:22] {nemo} sorry

[10:23] {Threei} SEED... what the deuce?

[10:23] {Threei} anyone see any news?

[10:23] {dino} stewie

[10:23] {Threei} this one doesn't really move without news normally

[10:23] {fernp} not news here, vad

[10:24] {Threei} AIG Fitch affirms BBB ratings on AIG, outlook developing; AIA placed on watch postiive (24.71, -1.07, -4.15%)

[10:28] {dino} thin sm l swm .86

[10:29] {Les} SPLS approaching lod

[10:29] {dino} db or death?

[10:29] {Les} waiting with bated breath

[10:30] {Threei} I'd label it as possible multiple try,

[10:30] {dino} spls l .88

[10:30] {Threei} .90 break with stop under .80 first attemot

[10:31] {_jfjf64} ???

[10:31] {Threei} Market Internals update at 10:30amET

[10:31] {Threei} - NYSE volume 205M shares, about 15% below its three-month average; advancers lead decliners by 1.9:1.

[10:31] {Threei} - NASDAQ volume 660M shares, about 30% above its three-month average; advancers lead decliners by 1.5:1.

[10:31] {Threei} - VIX index -0.75% to just over 19.00

[10:31] {Threei} jf?

[10:31] {dino} naz vol lately

[10:31] {Threei} Long Setup: SPLS .90 break if stays under .80, and be ready for multiple tries; don't touch it if you aren't

[10:32] {_jfjf64} ty

[10:32] {Threei} this way is easier? :)

[10:33] {dino} you just did not explain it obama

[10:33] {dino} :)

[10:33] {Threei} lol

[10:33] {Threei} meanie

[10:34] {dino} indeed

[10:34] {Les} snda

[10:35] {nemo} Long Setup: SPLS .90 break if stays under .80,

[10:35] {nemo} ???

[10:35] {nemo} you mean above .80 right?

[10:36] {dino} tough crowd today

[10:36] {Les} nemo is bored I think

[10:36] {Threei} sigh

[10:36] {nemo} no..not making any assumptions

[10:36] {Threei} yes

06[10:36] * magoo slaps nemo around a bit with a large trout

[10:36] {magoo} been awhile

06[10:36] * nemo bliss

[10:36] {dino} ntri bummer

[10:36] {Les} haha taste of your own medicine

[10:36] {magoo} felt good

[10:36] {Threei} lol

[10:36] {nemo} shut up les...Magoo's been trouting me for awhile

[10:37] {dino} swm going upstream

[10:37] {Threei} get a room you two

[10:37] {Les} I'm rooting for him cause I can't trout you

[10:39] {magoo} these two been bickering while i was away vad?

[10:39] {nemo} nah

[10:39] {Les} Nemo was lonely without you Mags

[10:39] {nemo} Les sticks his chin out...I whack it

[10:40] {dino} snda sm l .65

[10:41] {Threei} I don't know if bickering is right word mags...

[10:41] {Les} not sure if sqnm wants to bounce here

[10:41] {Threei} it's a kind of thing that ends either in murder or marriage

[10:42] {nemo} I prefer the former

[10:42] {Threei} don't you always

[10:42] {nemo} consistency

[10:42] {Threei} HIG Hearing strength attributed to renewed takeover chatter

[10:42] {Threei} - Rumors again mention that Allianz is interested party (25.12, +0.31, 1.25%)

[10:42] {magoo} in snda

[10:42] {ese} L seed .50

[10:43] {magoo} with dino

[10:44] {Les} ATHN

[10:44] {Threei} ese... look at ENER

[10:44] {Threei} did we miss it by just one cent?

[10:44] {dino} stop on snda is .43

[10:46] {Les} ooh yeh sqnm bounced

[10:46] {Threei} Long Setup: AIG .95

[10:46] {dino} rino animal

[10:46] {magoo} here goes snda

[10:47] {ese} yes we did.....nice move ever

[10:47] {ese} ener

[10:47] {Threei} AIG invalidated

[10:48] {magoo} aig might be worth shot near .50

[10:48] {Les} sqnm has gone momo again

[10:48] {Threei} yeah, fire's rekindled

[10:50] {nemo} spls respecting the trend line

[10:50] {magoo} waiting snda .94

[10:50] {dino} swm stuck to .79

[10:50] {Threei} SQNM is officially momo

[10:51] {Threei} can't read it by technicals

[10:51] {Les} thanks dino for snda. out +.15

[10:52] {Threei} SPLS looks ready for bigger move now

[10:52] {nemo} volume strating to come in

[10:52] {Threei} 1:1

[10:52] {dino} spl(at)s moving

[10:53] {Threei} half out for me here

[10:53] {Threei} +.14

[10:53] {dino} stop to .99

[10:53] {Threei} .89 for me :)

[10:53] {_jfjf64} nice ty

[10:53] {billyc} gj

[10:53] {Threei} welcome

[10:54] {dino} to .05

[10:54] {ese} somebody give seed a hoof with a steel toed boot

[10:54] {Les} out spls. another good day. dino's example helping me to tighten up the play on his setups

[10:54] {dino} out +.17 spls

[10:54] {dino} happy to help

[10:55] {Les} yesterday contrary. buying at top and selling at bottom

[10:55] {dino} i am just a stingy bas#rd

[10:55] {Les} stingy and lucky are good

[10:55] {ese} inglorius not doubt

[10:55] {_jfjf64} piss off les

[10:56] {dino} snda troubles me tighten to .49

[10:56] {Les} hehe

[10:56] {_jfjf64} lol

[10:56] {Threei} you inspire us to become stingier and bastardier dino

[10:56] {_jfjf64} pcx .15 break

[10:56] {dino} infamous i've been called

[10:56] {Les} you still got your head in those Mediterranean skirts jf?

[10:56] {_jfjf64} easy

[10:57] {Les} ooops clouds I meant

[10:57] {dino} lol

[10:57] {_jfjf64} vad ya lk pcx

[10:57] {Threei} chart I like

[10:57] {Threei} what I don;'t like is time of the day,

[10:57] {_jfjf64} 5min

[10:57] {Threei} this is about whn breakout cease to work lately

[10:58] {ese} I want seed to have one of dem dare 4 dalla up type days

[10:58] {nemo} so, that means they'll start working :)

06[10:59] * nemo slaps strider around a bit with a large set of harley saddle bags

[10:59] {dino} fade the faders fade huh

[11:00] {nemo} african swallow, or european?

[11:00] {_jfjf64} pcx

[11:01] {_jfjf64} 1/1

[11:01] {billyc} gj jf

[11:01] {Les} nice one. missed the .15 break i wanted

[11:01] {nemo} How's it feel to want?

[11:01] {_jfjf64} went in .14

[11:02] {Les} I just go and drink a beer and its forgotten nemo

[11:02] {nemo} nice

[11:02] {_jfjf64} les im beginning to lk ya

[11:02] {_jfjf64} nemo piss off

[11:02] {nemo} hehehe

[11:02] {_jfjf64} lol

[11:03] {dino} lol

[11:03] {Les} I can see the Bahamas beer party already. somewhere down the road...

[11:03] {_jfjf64} dinooooooooooooo

[11:03] {nemo} amzn riding support

[11:03] {Threei} just tell me when you all are going to Bahamas

[11:04] {Les} no

[11:04] {nemo} here comes the punch line

[11:04] {Threei} so I make sure to go to Alaska that week

[11:04] {billyc} i live 30 mintues from there

[11:04] {nemo} ese...rim shot

[11:04] {nemo} alaska billy?

[11:04] {magoo} yea..me and vad are heading north

[11:04] {billyc} too cold

[11:04] {dino} stop snda -.16

[11:04] {magoo} out

[11:04] {ese} ba dap bap!

[11:04] {nemo} I'll send my evil twin

[11:04] {nemo} ty ese

[11:05] {Threei} and you haven't attended our Freeport seminar Billy...

[11:05] {ese} rim shot a little late ....better late than never

[11:05] {nemo} mmmhhh...fcx setting up short?

[11:05] {billyc} i will next time

[11:06] {Threei} PCX explosion

[11:06] {dino} maybe me too

[11:06] {Threei} nice find jf

[11:06] {_jfjf64} thats what i do

[11:06] {Threei} slideshow of this last one is still in the making...

[11:07] {Threei} previous one is at http://caratrading.com/content/ctab-bahamas-conference-2009-post-conference-slideshow

[11:07] {nemo} that's back when my hair was short...

[11:07] {Threei} look it and tell me isn't it fun

[11:07] {nemo} bill does 1st class

[11:07] {Threei} tax deductible funm too

[11:09] {Threei} SEED woprks for you ese

[11:10] {Threei} lol... look at SPLS 1 min and compare spike tming qwith:

[11:10] {Threei} [10:52] {Threei} SPLS looks ready for bigger move now

[11:11] {dino} gj jf pcx

[11:11] {ese} out 1/2 seed .92 +.42 balance to break even

[11:11] {Threei} wtg

[11:11] {dino} wtg

[11:11] {dino} puk l .50

[11:12] {Threei} OK

[11:12] {Threei} let's try to find VXX entry

[11:12] {dino} higher low spls

[11:12] {ese} nahhhh for get it balance out .94 +.44

[11:12] {Threei} why not

[11:13] {ese} 12k of seed makes for a nice day

[11:13] {Threei} 45 cents is nothing to sneeze at

[11:13] {ese} nope

[11:13] {Threei} and at 12K lot it's nothing to even squint at

[11:13] {ese} indeed

[11:14] {dino} then i correct my wtg to wtfg

[11:14] {Threei} if I weren't that stingy and called ENER at .41, you'd take about 39K there, and pretty much feel set for the next two-three hours, expenses wise

[11:14] {ese} i'll take that wtfg

06[11:15] * magoo slaps ese around a bit with a large trout

[11:16] {ese} agady agady......

[11:16] {Threei} ese speaks martian...

[11:16] {ese} seed comes dn just as hard as it goes up

[11:17] {Threei} Long Setup: VXX .35 break

[11:17] {ese} thats from bugs bunny when one of the characters gets slapped a little

[11:17] {dino} tuck em in bugs

[11:17] {fernp} stop under .28?

[11:18] {Threei} for now, yes

[11:18] {fernp} ty

[11:19] {Threei} wanted to suggest modification and get .30 break, and was too late

[11:20] {Threei} that would be sweet entry, 3 cents stop

[11:21] {nemo} amzn downward wedge

[11:22] {dino} is that like downward dog

[11:23] {nemo} ?

[11:23] {Threei} rofl

[11:24] {ese} Laig .86

[11:25] {ese} out aig .96 +.10

[11:25] {ese} this is how work was meant to be

[11:25] {Les} sqnm possible support here

[11:26] {fernp} stopped VXX

[11:28] {Les} SNDA at 39

[11:28] {dino} watching it, need nemo for support line

[11:29] {Les} pivot support at 38.49

[11:29] {dino} i show 37.20, but thats a ways

[11:30] {dino} spls lod

[11:35] {Les} fcx bounce

[11:36] {dino} going for hod's

[11:36] {Threei} all such breaks in recent weeks failed

[11:37] {Threei} not spectacularly, just stalled... but enough to get any brewakout play stopped

[11:38] {Threei} not biting

[11:39] {dino} here it comes

[11:42] {dino} hmmm

[11:45] {Les} covering sqnm +.10

[11:45] {Les} vad, other day you said your intraday BB charts were set differently to daily charts

[11:45] {Threei} yes

[11:45] {Les} what was your intraday settings?

[11:46] {Threei} 13/1.7

[11:46] {Les} ty

[11:46] {Les} wow. that changes the dynamism of sqnm downward spike one minute ago.

[11:50] {magoo} back

[11:54] {magoo} hello?

06[11:54] * nemo slaps nemo around a bit with a large trout

[11:54] {Threei} we are not deaf, we are just ignoring you

06[11:54] * nemo slaps magoo around a bit with a large trout

[11:55] {magoo} ahhhhh...good

[11:55] {Threei} also, considering how long you were on sabbatical, you can't blame us for thinking you are just mirage

[11:55] {Threei} or hallucination

[11:55] {magoo} didnt think u guys had enough of me already after such absence

[11:55] {Threei} and we are afraid to talk to hallucination, for when they start answering you...

[11:57] {Threei} (US) House Committee requests information related to claim denials by healthcare companies

[11:57] {Threei} - Asks CEOs from Humana, Aetna, Wellpoint and UnitedHealth to testify at 3/23 hearing.

[11:57] {Threei} ****Reminder: On 2/24 HHS Secretary requested a March 3 meeting with CEOs of health insurers including WLP, UNH, CI, HUM and AET.

[11:57] {Threei} was there ever such widespread intrusion in business by goverment bodies in USA history?

[12:01] {Threei} F Reports Feb US Vehicle Sales +43.1% y/y v +33%e; to 142.2K units

[12:01] {Threei} - Total Truck and van sales % y/y to K units v +14.5% in Jan (39.7K units)

[12:01] {Threei} - F series pick-up s... (12.39, -0.02, -0.16%) more...

[12:01] {dino} two different theories at work 3i, the dems who want control

[12:01] {dino} and the republicans who want markets.

[12:01] {dino} problem is dems control the votes so swinging wide left

[12:02] {dino} i am w/john galt, "get out of the way"

[12:02] {Threei} even bigger problem is, when republocans get their way they squander it almost as effectively...

[12:02] {Threei} none of them gets out of the way

[12:03] {dino} agree that they all spend too much

[12:05] {dino} we've stalled in tight range

[12:06] {Threei} as always

[12:06] {Threei} Market Internals update at 12:00pmET

[12:06] {Threei} - NYSE volume 365M shares, about 15% below its three-month average; advancers lead decliners by 2.8:1.

[12:06] {Threei} - NASDAQ volume 1.21B shares, about 28% above its three-month average; advancers lead decliners by 2.1:1.

[12:06] {Threei} - VIX index -2% to just below 19.00

[12:07] {Threei} this phenomenon continues to amaze me

[12:07] {Threei} I don't think I've ever seen this, for such extended time

[12:07] {Threei} for months now, we have volume increasing on red days, drying up on green ones

[12:08] {Threei} yet uptrend is intact

[12:08] {dino} and tight range afternoons

[12:08] {Threei} aftrenoon tight ranges, yes...

[12:08] {Threei} but this is something that is simply to be taken into account,

[12:08] {Threei} incirporated in our strategy

[12:09] {Threei} so we don't overtrade at thiks time of the day

[12:09] {Threei} keep bets light

[12:09] {Threei} that volume pattern though, it's different

[12:09] {Threei} it goes against one of fundamental principles

[12:10] {Threei} which is no big deal if happens once in a blue moon

[12:10] {Threei} but it holds true for months

[12:11] {Threei} even without tracking day by day, look at SPY daily for instance

[12:11] {Threei} general volume-price configuration

[12:11] {Threei} you'll see what I mean

[12:13] {dino} snda sm l .00

[12:13] {Threei} if anyone can come up with any sensible explanation, feel free... cause I sure have none

[12:13] {nemo} wall of worry climb

[12:14] {nemo} market shouldn't be going up, so light buying moves it up

[12:14] {Threei} any bull market does that at the beginning stages

[12:14] {Threei} but this volume pattern is never this sustainable

[12:14] {dino} random dance market

[12:14] {nemo} what was the last depression you lived through?

[12:14] {dino} buy them higher sell them lower

[12:14] {Threei} lol

[12:15] {Threei} why do I need to live through depression to know chart patterns?

[12:15] {nemo} well, go study the chart volume patterns from that time

[12:15] {nemo} last year was "we're all gonna'die"

[12:15] {Threei} and who told you I ever came out of depression meeting you in 2007 caused?

[12:15] {dino} further, i feel as tho the investor is dead. these markets move on traders, days happen in minutes

[12:16] {nemo} nano-trading

[12:16] {nemo} there's a book in there

[12:16] {Threei} you measn you see this volume pattern in depression timnes?

[12:16] {Threei} then we look at different charts, I don't see anything like this

[12:16] {nemo} I don't know...just last year was quite an exception

[12:16] {dino} drop

[12:17] {nemo} fas pullback

[12:17] {Threei} ok, I take severe umbrage in this one:

[12:17] {Threei} [12:15] {nemo} well, go study the chart volume patterns from that time

[12:17] {Threei} you think I didn't, before asking the question?

06[12:17] * Threei slaps nemo around a bit with a large price-volume charts from 1930 to our days

[12:17] {dino} i think you are overthinking it. my gut says no investors just traders

[12:18] {Threei} it's true

[12:18] {Threei} but why is volume reversed?

[12:18] {dino} panic on any drop after '09

[12:18] {nemo} wall of worry

[12:18] {dino} brutal lesson learned, get out

[12:18] {nemo} yep

[12:19] {dino} investors would wait it out, investors are minority

[12:19] {ese} did they even have price charts back then

[12:19] {nemo} yes ese

[12:19] {nemo} all investors are gone...money gone

[12:19] {Threei} yes... they called them plates, for some reason

[12:20] {dino} shoot first on drops ask questions later

[12:20] {Threei} I guess I don't ask my question clearly

[12:20] {Threei} and it's not emopty curiosity

[12:20] {Threei} this is something we need to understand in order to read the direction

[12:21] {Threei} let me try again

[12:21] {Threei} yes, as you say, when fear overcomes greed, volume increases on red days

[12:21] {Threei} that's what such increase indicates:

[12:21] {Threei} more fear,

[12:21] {nemo} economically much fear right now

[12:21] {Threei} greed retreats

[12:22] {Threei} and volume on green days is less.

[12:22] {Threei} That's all normal.

[12:22] {Threei} What isn't normal:

[12:22] {Threei} when this pattern develops, we establish DOWNtrend

06[12:22] * nemo asks: "What is normal?"

[12:22] {Threei} not UPtrend

[12:22] {ese} seed....wha da ya think vad L maybe at .05

[12:22] {Threei} yet, having this volume pattern, we continue uptrend

[12:23] {dino} more fear than greed

[12:23] {nemo} Fear is still very high out there

[12:23] {Threei} ese, it's worth a try, but wether it works or not won't depend on technicals, rather on wheher momo players return

[12:23] {dino} economy in my area sucks, fear everywhere

[12:23] {Threei} yes

[12:24] {Threei} that's what volume idndicates

[12:24] {Threei} more fear

[12:24] {Threei} so why uptrend??

[12:24] {nemo} Lotsa' fear, but where else you gonna' put your money?

[12:24] {dino} so perhaps lower vol on up because no investors(fear), but the ones that are in sell drops fast

[12:25] {dino} right now, the cd's are getting the money but paying nothing (fear again over rides)

[12:25] {nemo} my take dino, lock in profit and begrudgingly buy upward]

[12:25] {Threei} NSANY Reports Feb US Vehicle sales (y/y): +29% v +38%e; to 70.2K units

[12:25] {Threei} - Reminder: Jan sales +22% to 65.5K units

[12:25] {nemo} also, with no place else to put money, nobody really selling

[12:26] {dino} sure, back to trader market only, no investors

[12:26] {Threei} what do you mean nobody really selling?

[12:26] {Threei} where does volume on red days coming from then?

[12:26] {Threei} if it all were just short term traders, volume would be roughly equal

[12:26] {nemo} people locking in profit

[12:27] {dino} traders/sellers. investors are gone, most traders are long only types, they sell fast

[12:27] {Threei} OK, I guess my english sucks... you guys don't hear me :)

[12:27] {dino} athn just exploded

[12:27] {dino} i hear you 3i, but nobody knows. my thoughts are fear on drops

[12:28] {dino} snda oput at .40, +.40

[12:29] {dino} i understand the dilema, i ask it too, but....

[12:29] {Threei} SNDK boumce candidate

[12:29] {dino} swm was stopped btw

[12:30] {Threei} fast dive to or just under .50 would be ideal

[12:30] {nemo} at yesterday's close

[12:31] {nemo} market looking weak

[12:31] {Threei} well, we have TV appearance coming

[12:31] {nemo} who?

[12:31] {Threei} guess

[12:32] {dino} hank reardon

[12:32] {nemo} male or female?

[12:32] {Threei} dino, get back in real wolrd, will ya :)

[12:32] {dino} :)

06[12:32] * nemo slaps dino around a bit with a large copy of Atlas Shrugged

[12:32] {dino} you guys did this to me

[12:32] {nemo} BSMF

[12:33] {Threei} sorry dino

[12:33] {nemo} and frankly...Ayn would be pissed at you for saying that

[12:33] {dino} no complaints, changed me

[12:33] {Threei} I find that book kind of litmus test

[12:33] {Threei} I find myself on the same side on many issues with those who like it

[12:34] {_jfjf64} hmm

[12:34] {nemo} FAS about to hit VWAP

[12:34] {nemo} and 200

[12:34] {dino} swm rinsed

[12:35] {gregns} now is not the time for sndk?

[12:35] {fernp} SNDK .70 break, Vad?

[12:35] {Threei} no... don't like it here

[12:35] {fernp} ok

[12:35] {gregns} okey dokey

[12:35] {dino} oh man, the meatloaf sandwich is under-rated. should make a meatloaf sub

[12:35] {Threei} if it goes from here, it's just one of those moves that I can't read

[12:36] {fernp} u can read everything :-)

[12:36] {Threei} but suppose it pulls back to .65 or so,

[12:36] {Threei} and return to .70 and breaks it, yes, that I'd see as a valid setup

[12:37] {fernp} yes understand, db scenario

[12:37] {Threei} yes, with higher low

[12:38] {Threei} as it is, it's just a move

[12:38] {dino} here's a thought on your volume question, could it be that some of the stocks that are in the indexes are above average, thus pulling everything else along

[12:38] {Threei} not everything moves in patterns, some moves are just that

[12:38] {Threei} hah

[12:38] {nemo} also have etfs...wonder what affect they're having

[12:38] {nemo} effect

[12:38] {Threei} that's interesting suggestion dino

[12:38] {nemo} influence

[12:38] {Threei} and you know what

[12:39] {Threei} pattern is drastically different for NYSE and NASDAQ

[12:39] {dino} other thing is some have been dropped from index (c, aig, etc)

[12:39] {Threei} that would influence volume now vs volume before they were dropped

[12:39] {Threei} not day by day now

[12:40] {Threei} but your first suggestion is very likely true

[12:40] {Threei} NYSE and NASDAQ represent different sectors,

[12:40] {Threei} and volume on NASDAQ was less impacted by this strange pattern

[12:40] {dino} the meatloaf trigger the thought

[12:40] {nemo} wow

[12:41] {Threei} NYSE with its heavy represenation of financials

[12:41] {Threei} could be

[12:41] {dino} we're onto something

[12:41] {nemo} how's your shoulder dino

[12:41] {Les} NO FOOLS it's the computers!

[12:41] {Threei} The Power of Meatloaf Thinking

06[12:41] * nemo slaps Les around a bit with a large lead pipe

[12:41] {dino} good title\

[12:42] {Threei} well, the implication is:

[12:42] {Threei} without breaking things by sectors and possibly even deeper, isolation of certain stocks with unusual heavy trading,

[12:42] {Threei} we can't rely on index volume

[12:43] {Threei} and I am too lazy to do those deep analysis

[12:43] {nemo} interferes with your drinking time

[12:44] {Threei} and with my non-thinking principles

[12:44] {Threei} (I prefer to call inabaility a principle, ya know)

[12:45] {Threei} so there we go: index movement is dicated by price changes, not volume-weighted,

[12:45] {Threei} most stocks move in unison and define index direction,

[12:45] {Threei} but some, where the fear is concentrated the most, have unusual big volume on down days

[12:45] {Threei} skewing the volume pattern.

[12:46] {dino} glad i could be of assistance

[12:46] {Threei} totally

[12:46] {Threei} you keep that meatloaf handy

[12:47] {dino} will do, good for once every other week

[12:47] {Threei} SCON Hearing MDB Capital analyst suggests SCON has been awarded a significant contract win from AT&T for data network equipment (3.35, +0.47, 16.32%)

[12:47] {Threei} another momo

[12:48] {Threei} PAH3.GE Reports US Feb vehicle sales at 1,531 units, about flat y/y

[12:48] {Threei} that's Porsche

[12:50] {dino} gmcr

[12:56] {dino} qsii

[12:56] {dino} spls lod

[13:00] {Threei} BLDP to Power SunLine Transit Agency Buses (2.35, +0.11, 4.91%)

[13:01] {Threei} fuel cells stock

[13:04] {dino} puk to .61

[13:04] {_jfjf64} rimm new h

[13:05] {strider} TM

[13:05] {Threei} TM Reports Feb US Vehicle Sales (y/y): -8.7% v -10%e; to 100K units

[13:05] {Threei} - reminder: Feb Sales -8.7% y/y at 98.8K units (74.48, +0.84, 1.14%)

[13:06] {dino} to .62

[13:08] {dino} out puk +.12

[13:11] {gregns} sndk

[13:11] {gregns} ?

[13:12] {Threei} not sure

[13:12] {Threei} can become a short on .60 breakdown just as well

[13:13] {gregns} ty

[13:14] {_jfjf64} qcom what up

[13:15] {Threei} QCOM Hearing positive comments being made at annual shareholder meeting; see revenues and EPS at the high end of prior expectations

[13:15] {Threei} - Note: on 1/27 QCOM Guided FY10 EPS $2.10-2.30 v $2.22e, R$10.4-11B v $10.6Be (38.03, +2.47, 6.95%)

[13:15] {Threei} US sets preliminary anti-subsidy duties of 4-13% on China, 17.5% on coated paper from Indonesia

[13:15] {Threei} - Notes still assessing whether to treat China's currency practices as a countervailing subsidy.

[13:15] {_jfjf64} ty vad

[13:16] {_jfjf64} wd of been nice at 37.00

[13:26] {fernp} PAY any read, Vad?

[13:28] {Threei} I am seriously torn fern

[13:28] {Threei} I like the chart

[13:29] {Threei} but how many of these worked lately on aftrenoons?

[13:29] {strider} [13:28] {&Threei} "I am seriously torn fern" ---vad, you probably just need to be re-potted.

[13:29] {fernp} yes, you are right

[13:30] {Threei} rofl

[13:30] {Threei} you guys in rare shape today

[13:30] {nemo} or keep the dog away

[13:30] {dino} spls sm l .50

[13:31] {_jfjf64} rimm vad

[13:33] {Threei} 50/50 jf

[13:37] {Threei} look at this paralysis

[13:37] {Threei} wehich way it resolves is a total coin toss

[13:37] {_jfjf64} lk the short now

[13:39] {Threei} wow

[13:39] {Threei} read this:

[13:39] {Threei} Fed's Hoenig: Very difficult to see asset sales this year as must prepare markets for policy change - CNBC interview exerpts

[13:39] {Threei} - asked how he would handle the exit strategy, Hoenig comments the Fed should "prepare the markets" over a period of months, then more toward unwinding and normalization measures over a period of "years."

[13:39] {Threei} Fed should "prepare the markets"?

[13:39] {Threei} #$*&^$kers

[13:42] {_jfjf64} tk look pcx

[13:43] {Threei} impressive

[13:43] {_jfjf64} up 1.00 from my entry

[13:44] {Les} SPLS bottom feed somewhere round here

[13:45] {nemo} no volume

[13:45] {Les} yeh that'd be key

[13:45] {_jfjf64} tell em nemo

[13:45] {Threei} SNDK is totally got away from me

[13:46] {Threei} twice

[13:46] {nemo} reminds me of a bad joke...but I can't remember it

[13:46] {_jfjf64} grrrrrrrrrrrr

[13:46] {nemo} not you jf

[13:47] {nemo} little volume creeping into spls

[13:47] {nemo} mon basing

[13:48] {nemo} volume increasing on spls

[13:49] {dino} ntri sm l .20

[13:49] {Les} OSIP

[13:50] {ese} gotta go all see ya tomorow.......

[13:50] {Les} ciao

[13:50] {_jfjf64} see ya es

[13:51] {dino} cya

[13:51] {billyc} cya ese

[13:51] {_jfjf64} no seed watchers

[13:52] {Les} fcx

[13:52] {Threei} NSANY Reports Feb US Vehicle sales (y/y): +29% v +38%e; to 70.2K units

[13:52] {Threei} - Reminder: Jan sales +22% to 65.5K units

[13:52] {Les} just doesn't wanna stop

[13:54] {Threei} X lags

[13:54] {Threei} in fact, doesn't want to go with market

[13:55] {Threei} if I wanted a trade, it would be short X on 58 break when market revreses back down

[13:55] {nemo} x looks like fas

[13:55] {Les} sqnm trying

[13:55] {_jfjf64} does that mean ya shorting

[13:56] {Threei} no colored call - discretionary

[13:56] {larisa} X still uptrending though

[13:56] {_jfjf64} pcx strong

[13:56] {Threei} you like - you take

[13:56] {Threei} I just describe it for those who want

[13:56] {fernp} NVDA .05 break, Vad?

[13:57] {Threei} too narrow fern

[13:57] {Threei} if you eant 5 cents scalp, sure

[13:57] {Threei} want

[13:57] {dino} qsii sm l break of .20

[13:57] {Threei} and jf, it's invalidated anyway

[13:57] {fernp} ty. that's what i want

[13:59] {dino} cx qsii

[14:00] {Les} SNDA may be reversing

[14:00] {Threei} Fed's Kocherlakota: Unemployment levels are uncomfortable

[14:01] {Threei} that's one way to put it

[14:01] {dino} especially for the unemployed

[14:01] {dino} ntri stop is .99

[14:02] {larisa} Kocherlakota??

[14:02] {Les} fed makes no pretense that its not run by mafia

[14:05] {nemo} kick me please vad

[14:05] {Threei} hmm?

[14:05] {nemo} do I need to repeat it?

[14:05] {Threei} I don't indulge masohists

[14:05] {Threei} I make them suffer by not indulging

[14:06] {nemo} no..for missing fcx at 77.55 I was looking at it when volume came in, said "nah, that's too obvious."

[14:06] {nemo} mon

[14:06] {nemo} volume coming in break of 72 interesting

[14:09] {Les} Nemo, you once mentioned white numbers on T&S is people trying to get out

[14:09] {Les} nice call on mon by the way

[14:09] {nemo} ty

[14:09] {nemo} can be white numbers are market orders

[14:09] {Les} what does this colour coding on T&S mean?

[14:09] {nemo} market orders

[14:09] {Les} green is buy?

[14:10] {Les} Red is sell?

[14:10] {nemo} green means somebody bought the offer

[14:10] {Les} what is yellow?

[14:10] {nemo} Red means somebody selling sold to the bid

[14:10] {nemo} yellow in your case is likely market orders

[14:10] {dino} ntri stop

[14:10] {larisa} yellow means too much carrot

[14:10] {Les} out MON +.20

[14:10] {Threei} msrket orders?

[14:11] {Threei} they can't be color coded

06[14:11] * nemo slaps larisa around a bit with a large peacock feather

[14:11] {Threei} DOJ has requested some Hedge Funds hold on to trading records with regards to Euro transactions - CNBC's Faber

[14:11] {Threei} - DOJ has not subpoenaed any individuals or companies

[14:11] {Threei} what the hell is going on

[14:12] {Les} crap. OSIP broke at same time as MON

[14:13] {Les} http://uploads.mibbit.com/4skNUx.gif

[14:13] {dino} trying to make speculation illegal, crazy times

[14:13] {Les} Vad, can you help me decode this T&S chart please?

[14:14] {Les} yellow price means unchanged

[14:14] {Les} yellow vol. means unchanged

[14:15] {nemo} no it means in between bid and offer...likely market order

[14:15] {Threei} that's what your broker said?

[14:15] {Les} no just guessing

[14:15] {nemo} wtf

[14:15] {Threei} ok, you need their explanation of color agenda

[14:15] {Les} its broker specific is it?

[14:15] {Threei} I've no idea what they label as yellow

[14:15] {nemo} green means somebody bought the stock paying the offer]

[14:15] {Threei} for Laser it's simple

[14:16] {Threei} green - trade at offer price

[14:16] {nemo} red likely means somebody sold the stock for the bid

[14:16] {Threei} red - trade at bid price

[14:16] {Threei} white - inbetween

[14:16] {nemo} yellow is likely market/inbetween

[14:16] {Threei} why market?

[14:16] {Threei} inbetween - probably

[14:16] {Threei} but why it needs to be market?

[14:17] {Les} ok. will try to track it down. thanks anyway

[14:17] {nemo} doesn't need to be, but market orders will usually be the best available price

[14:17] {Threei} so will limit

[14:17] {nemo} good point

[14:17] {Threei} send at the offer, if there is hidden offer lower you'll get it

[14:18] {Threei} make this disctinction:

[14:18] {Threei} there is an order that hits someone else's one,

[14:18] {Threei} this is MARKETABLE order

[14:18] {Threei} don't confuse with market

[14:19] {Threei} marketable order can hit hidden one inbetweem

[14:19] {Threei} now, if you try to put in bid or offer at the current perice or beyond, but not between existing ones,

[14:19] {Threei} it's pyre limit

[14:19] {Threei} pure

[14:19] {Threei} and there will be no improvement

[14:20] {Threei} you'll get a fill only when someone hits you

[14:20] {Threei} what you'll get though with Laser is ECN rebate

[14:21] {nemo} fcx siting on resistance and trendline

[14:21] {nemo} sitting

[14:23] {dino} qsii sm l .15

[14:24] {strider} HIG, jb

[14:24] {nemo} is it trading?

[14:25] {dino} \sm l snda .25

[14:27] {Threei} sharp moves both directionms

[14:27] {nemo} what you say about pulling teeth last week?

[14:28] {Threei} to me, this week feels easier

[14:28] {nemo} it's only Tuesday

[14:28] {Threei} get your good trades early, then sit it out

[14:28] {Threei} wait for something big to happen

[14:28] {nemo} reminds of a woman I dated...spent a year with her one week

[14:28] {Threei} if you get lucky to get news early, fine

[14:29] {Threei} if not, sit and yawn

[14:29] {nemo} great...made me yawn

[14:30] {Threei} last week was tougher for me because period of morning activity was shorter

[14:30] {Threei} if day started with stop or two, it would take whole day to get out of it

[14:30] {Threei} this week so far at least, morning is a little longer

[14:31] {Threei} so there is more time to right things

[14:31] {Les} today was excellent for me

[14:31] {nemo} fcx 200 ma at .90

[14:31] {nemo} support at .95

[14:31] {Les} integrating dino's strategy

[14:31] {nemo} meatloaf?

[14:31] {Les} with your strategy

[14:31] {Threei} meatloaf with bacon then

[14:31] {Les} and doing it properly

[14:31] {nemo} vodka

[14:31] {Threei} sprinkle with carrot juice, and you are fine

[14:32] {nemo} homage to lari

[14:32] {Les} given which, I will quit while I am ahead and catch up on sleep. night all

[14:32] {Threei} take care les

[14:32] {nemo} wow...gift from God

[14:33] {Les} just this once

[14:33] {nemo} hehehehe

[14:33] {Threei} greast

[14:33] {Threei} Chile quake shook Earth of its axis

[14:33] {nemo} saw that

[14:33] {Threei} day shortened by 1.26 microsecond

[14:33] {Threei} :(

[14:33] {nemo} fcx bounced on 200

[14:34] {Threei} HIG broke strider

[14:34] {strider} yep. didn't take it.

[14:34] {Threei} ok... look at this SPY action

[14:35] {Threei} is it really something readable and enticing to oparticipate in?

[14:35] {nemo} those long tails...volatility

[14:44] {fernp} PAG breakdown, Vad?

[14:44] {nemo} takeover rumor on PCX

[14:44] {Threei} mah

[14:44] {fernp} ok

[14:44] {Threei} this is torture

[14:45] {Threei} fighting for 3 cents

[14:49] {dino} back in 15

[14:52] {Threei} PIP Ticking higher recently after reports from Twitter circulate about a suspicious letter and potential anthrax threat in DC (1.87, +0.09, 5.06%)

[14:53] {Threei} (US) Fed's Kocherlakota: Creation of a world currency has very low probability (related EUR/USD USD/JPY USD/CNY )

[14:53] {Threei} lol

[14:53] {Threei} low?

[14:53] {Threei} zilch is more like it

[14:56] {_jfjf64} rimm

[14:59] {_jfjf64} good night all

[14:59] {Threei} take care jf

[15:00] {fernp} bye jf

[15:00] {_jfjf64} + for day good day

[15:00] {magoo} i'm out of "trading" shape here

[15:00] {magoo} exhausted lol

[15:01] {Threei} lol

[15:01] {_jfjf64} mee too

[15:01] {nemo} ?

[15:01] {_jfjf64} tks time

[15:01] {nemo} what...finger blisters?

[15:01] {nemo} sore butt?

[15:01] {magoo} all of the above

[15:02] {nemo} psychological stress from my sense of humor?

[15:02] {_jfjf64} was any one speakin to nemo

[15:02] {nemo} or lack thereof

[15:02] {_jfjf64} lol

[15:02] {nemo} you want on the list jf?

[15:02] {_jfjf64} no list pls

[15:02] {Threei} uh oh

[15:02] {Threei} the list

[15:02] {nemo} some names in pen, some in pencil

[15:02] {Threei} infamous the list

[15:03] {Threei} you be caAREFUL JF

[15:03] {nemo} got the caboose before the engine there

[15:03] {_jfjf64} wher is les when i need em

[15:03] {nemo} he knows better

[15:04] {Threei} you need more les?

[15:04] {nemo} bah dum bump

[15:04] {_jfjf64} i need to go see ya

[15:04] {Threei} :)

[15:05] {_jfjf64} goodnight mr nemo

[15:06] {nemo} Mr.?

[15:06] {Threei} mrs?

[15:06] {nemo} never

[15:07] {nemo} reminds me of a story though

[15:07] {magoo} he's a she??

[15:07] {_jfjf64} yeah

[15:07] {nemo} you surfin' again magoo?

[15:07] {Threei} not when i saw him, but it's been a whole year

[15:07] {nemo} I'm saving up

[15:07] {magoo} ah vad, modern medicine lokl

[15:08] {Threei} yeah, who knows these days, lol

[15:09] {magoo} and sometimes even boyz are girls anyway, he coulda fooled you

[15:16] {dino} ,

[15:16] {nemo} .

[15:17] {Threei} PDLI Guides Q1 $.17 v $0.28e, R$62M v $70Me (6.96, -0.18, -2.52%)

[15:27] {magoo} oldie but a goodie

[15:27] {Threei} today is different

[15:27] {magoo} vad "are we in anything?"

[15:27] {Threei} hehe

[15:27] {nemo} OMFG

[15:27] {Threei} instead of finishing at the high, market went back down through the whole range

[15:27] {Threei} range is very narrow, but still

[15:29] {dino} yes 5 pts s/p

[15:35] {Threei} and jf is angry with me for not finding a play every 3rd second

[15:35] {Threei} find someone who calls as many as we did in 5 points range, lol

[15:35] {nemo} still got a half hour

06[15:35] * Threei slaps _jfjf64 around a bit with a large dose of reality

06[15:36] * nemo slaps _jfjf64 around a bit with a large DILLIGAF

[15:36] {Threei} it's slap jf hour

[15:36] {nemo} Well...gotta' go c u in the ESTAM

[15:36] {Threei} in the what?

[15:37] {nemo} Eastern Standard Time A. M. making allowances for Les, who will be drinking after lunch

[15:37] {Threei} lol

[15:37] {Threei} no interesting earnings today

[15:37] {Threei} unless VISN is of interest

[15:37] {Threei} and PAY

[15:38] {fernp} good evening everybody. see you all tomorrow

[15:39] {Threei} take care fern

[15:39] {Threei} Ron... for your first day, are we totally crazy or it's bearable?

[15:40] {RonS} Bearable...just watching to get the groove...

[15:41] {Threei} okay... 'cause to me it looks like total asylum

[15:41] {RonS} ...been with crazier...

[15:41] {Threei} the we still have room {G}

[15:41] {Threei} then

[15:42] {dino} cya fern

[15:42] {dino} welcome to our jungle ron

[15:42] {billyc} hey ron

[15:43] {RonS} hey everyone...

[15:44] {billyc} dino where do you live

[15:44] {dino} pennsylvania

[15:44] {billyc} i grew up in dc l live in s fla

[15:45] {Threei} Siberia, judging by this winter

[15:45] {dino} yeah, 3' last week and today it's 50

[15:45] {strider} dino lives in an old castle, and sleeps in a casket.

[15:45] {dino} east coaster billy

[15:45] {dino} lol

[15:45] {billyc} yup about 15 minutes north of ft lauderdale

[15:46] {dino} well, my office is about 150 years old

[15:46] {RonS} Been tough in CO too...

[15:46] {RonS} Where is that global warming?

[15:46] {dino} it isn't

[15:47] {RonS} Dang, and I love cowtowing to that effete Algore...

[15:47] {dino} lol

[15:47] {strider} Towing a cow is rude.

[15:47] {RonS} LOL

[15:48] {Threei} wait... you mean earth iks not warming up?

[15:50] {lasertrev} come on vad, u know the gov. controls the weather.

[15:50] {lasertrev} lol

[15:50] {Threei} it does?

[15:51] {Threei} great, I';ll send them bill for washing my car - what the hell was this rain about

[15:51] {dino} sgms

[15:51] {strider} Welll if they do, why don't they do something about it?

[15:51] {RonS} "Everyone complains about the weather, but nobody does anything about it"

[15:51] {RonS} Mark Twain

[15:52] {Threei} "Everyone compains about their memory, not about intelligence"

[15:52] {strider} Because you lose your memory, but not (usually) your intelligence.

[15:52] {Threei} (CA) Canada Official: Govt to establish plan to reach budget balance; will signal a stimulus end by March 2011

[15:52] {Threei} - Govt will avoid tax increases and will not trim transfers

[15:52] {Threei} (related USD/CAD EWC )

[15:54] {RonS} Every state in the Union has increased taxes...and the Feds with CSIP

[15:55] {Threei} and this is only beginning

[15:55] {Threei} okay guys, thank you all

[15:55] {Threei} have a great evening, see you tomorrow

[15:56] {dino} u2 vad