Session Time: Fri Mar 12 00:00:00 2010
[08:11] {nemo} Where's Les, I wanna' slap him...
[08:12] {Threei} tsk tsk tsk... morning starting with violence...
[08:12] {nemo} Interesting...rimm did not have a good day yesterday and did not partake of the afternoon festivities
[08:12] {nemo} that's not violence...love tap
[08:13] {Threei} IATA lowers 2010 airline industry loss forecast to $2.8B from $5.6B prior
[08:13] {Threei} - 2009 loss target lowered to $9.4B v $11B prior
[08:13] {Threei} - 2010 improvements to be driven by growth in Latin America and Asia
[08:13] {Threei} - 2010 Atlantic and Euro markets to remain soft
[08:13] {Threei} - 2010 passenger demand seen +5.6% y/y, yield +2%
[08:13] {Threei} - 2010 cargo demand seen +12% y/y, yield +3.1%
[08:13] {Threei} - 2010 avg fuel price seen at $79bbl v $75bbl prior
[08:13] {Threei} - 2010 sector rev seen at $522B v $478B prior
[08:30] {nemo} what report just hit
[08:30] {Threei} *(US) FEB ADVANCE RETAIL SALES: +.0.3% V -0.2%E; EX AUTOS: +0.8% V +0.1%E
[08:30] {Threei} consumer is back
[08:31] {nemo} I wonder how much of that is gas?
[08:31] {Threei} - Retail Sales Ex Auto&Gas: 0.9% v 0.3%e
[08:31] {Threei} just ask
[08:31] {nemo} Many people have quit paying their mortgages too and are spending that money
[08:32] {nemo} It's amazing...think of those people who basically got the brass ring...They'll get to keep their houses for free
[08:33] {Threei} that'll backfire in the future
[08:33] {Threei} badly
[08:33] {nemo} no it won't...politicians won't allow it, they'd lose their jobs
[08:33] {Threei} it will in a sense of a moral hazard
[08:34] {Threei} if my neighbor can stop patying ad get away with it, why do I pay
[08:34] {nemo} society is a moral hazard...from banking to financing pregnancies leading to multi-generational dependence
[08:34] {Threei} welcome to avalanche
[08:34] {Threei} new wave of delinquiencies
[08:34] {Threei} new problems for barely stabilized finance industry
[08:35] {nemo} nope...government backstop printing presses
[08:35] {Threei} and govt having no choice but somehow resolve it, because it's obviously their doling this time
[08:35] {Threei} so new bailouts
[08:35] {Threei} in the time when masses have no more patience for that
[08:35] {Threei} yeeech
[08:35] {nemo} what
[08:36] {nemo} rimm falling
[08:36] {Threei} can't end well
[08:36] {Threei} RIMM Kaufman removed from Focus List; Maintains Buy rating
[08:37] {nemo} if we have a pullback rimm could fall
[08:37] {nemo} Buenas dias senor fern
[08:37] {Threei} I wonder if UAUA is on the verge of final spike
[08:37] {nemo} kick myself in the ass for missing that fas spike on that report
[08:38] {Threei} FITB new annual high
[08:46] {Threei} (EU) French President Sarkozy: Would not reject the idea of European Monetary Fund (EMF) (related EUR/USD )
[08:57] {fernp} Good morning everybody
[08:57] {Threei} fern :)
[09:08] {dino} gm all
[09:08] {Threei} dino :)
[09:08] {strider} morning dino. Morning everyone.
[09:08] {dino} :)
[09:08] {Threei} strider :)
[09:08] {strider} Mr. vad.:)
[09:09] {larisa} gm all :)
[09:10] {nemo} lari :)
[09:10] {dino} lots of smiles
[09:10] {larisa} nemo, dino, vad (when he wakes up)
[09:11] {Threei} larisa :)
[09:11] {Threei} we are smiley bunch in the morning, except nemo - he starts his day with violence
[09:11] {Threei} [08:11] {nemo} Where's Les, I wanna' slap him...
[09:11] {Threei} [08:12] {Threei} tsk tsk tsk... morning starting with violence...
[09:13] {nemo} [08:12] {nemo} that's not violence...love tap
[09:15] {dino} gm larisa
06[09:15] * nemo slaps Les around a bit with a large trout
[09:15] {Les} haha
[09:15] {Les} beat me to the punch line
[09:16] {Les} afternoon and a good weekend to all
[09:16] {Threei} les :)
[09:16] {Les} I wanna be Mr. Smiley too :)
[09:17] {nemo} old age and treachery beats youth and speed every time, Les
[09:17] {dino} cf
[09:18] {dino} agu, mos, pot
[09:18] {nemo} yeah...potash prices strengthening..pot doubled guidance yesterday
[09:19] {dino} looks like cf gets terra
[09:19] {dino} 92 support?
[09:20] {nemo} on what, cf?
[09:22] {Les} $ taking a hit this morn
[09:24] {dino} yes nemo
[09:25] {jfjf64} mornin
[09:25] {Les} IMAX loitering just below 16 with some vol coming in
[09:26] {Threei} jf :)
[09:26] {lasertrev} good morning
[09:26] {Threei} trev L(
[09:26] {nemo} 93 area looks pretty strong to me down to 92.60 or so
[09:27] {Les} sorry, my idiotic chart has frozen. IMAX last above 16
[09:29] {jfjf64} anythin on radar vad
[09:30] {Threei} UAUA
[09:31] {Threei} want to try long on pullback
[09:32] {nemo} wow..my system locked
[09:32] {magoo} morn
[09:32] {Threei} mags :)
[09:32] {Les} hey mags
[09:32] {magoo} in any?
[09:32] {dino} you running a toyota nemo, locked
[09:33] {nemo} ha ha ha ...forgot to laugh
[09:33] {Les} seems new meaning has been introduced into english language, concerning toyota
[09:33] {magoo} point dive RIMM
[09:34] {Les} dino, you watching CF today?
[09:34] {Les} cf
[09:34] {magoo} AIG reversed
[09:34] {dino} yes
[09:34] {dino} scanners all red
[09:35] {Threei} Long Setup: FITB .50 break
[09:35] {Threei} if stays above .40
[09:37] {Threei} Long Setup: ZION .65 half lot if stays above .50
[09:37] {nemo} oops
[09:37] {magoo} in Z
[09:39] {Les} scalp taken ty
[09:40] {Threei} AIG all the way back
[09:41] {Les} uaua 200ma
[09:44] {Threei} ZION 1:1
[09:45] {Threei} KOG?
[09:45] {Les} imax
[09:45] {Threei} US) Preview: March Preliminary University of Michigan Confidence Index due out at 09:55ET
[09:45] {Threei} **consensus expectation: 74.0e v 73.6 prior final (estimates range from 71-78)
[09:45] {Threei} US) Preview: Jan Business Inventories due out at 10:00ET
[09:45] {Threei} **consensus expectation: 0.1%e v -0.2% prior
[09:45] {Threei} - estimates range between -0.1% to +0.3%
[09:45] {dino} nsm
[09:48] {Les} chrw .30 b/d?
[09:49] {Threei} no read
[09:49] {fernp} WFC .90 break, Vad?
[09:50] {Threei} most likely, yes
[09:51] {dino} jcg sm l .95
[09:52] {RonS} BBY, if the cons sent no. extends this run, do you chase?
[09:52] {dino} nsm l .45, stop lod
[09:52] {Les} IMAX .40 b/d vad?20 cent stop
[09:52] {Les} forget it
[09:52] {Threei} already did
[09:53] {Threei} Ron... no
[09:54] {Threei} let's try to find pullback
[09:54] {magoo} MGM LVS
[09:54] {Threei} they all soar... look LULU
[09:54] {Threei} but chasing will get you shake out more often than not
[09:54] {Threei} there is a clear support at 40.10, BBY
[09:55] {Threei} *(US) MARCH PRELIM UNIVERSITY OF MICHIGAN CONFIDENCE: 72.5 V 74.0E
[09:55] {Threei} with new numbers coming, it's a new round
[09:55] {Threei} look what chasing would have gotten you into
[09:56] {Les} Vad, CL. 84 b/d or .10 b/o. multi directional?
[09:57] {nemo} spy and Qs might be DBing
[09:57] {Threei} could be but half lot only Les
[09:57] {Les} ok
[09:57] {Threei} bulimic
[09:58] {Threei} BBY, .15 break now
[09:58] {Threei} if stays above .05
[09:59] {dino} scok again
[10:00] {nemo} don't think confidence numbers will do anything today
[10:00] {Threei} US) JAN BUSINESS INVENTORIES: 0.0% V 0.1%E
[10:00] {Threei} [AVEO] IPO opens for trade at $8.25
[10:01] {Threei} Aveo Pharmaceuticals Inc
[10:02] {nemo} weird morning
[10:03] {dino} all red
[10:03] {fernp} BBY no go
[10:04] {Threei} AVEO can go ballistic
[10:04] {nemo} interesting...by all accounts that retail report was "good" news market not liking it now
[10:04] {magoo} we in AVEO?
[10:04] {dino} up 21 of 23 days
[10:08] {Threei} momo players
[10:08] {Threei} watch AVEO for .50 break
[10:09] {magoo} RIMM if holds 75
[10:12] {magoo} rimm vad..around 74.60 area?
[10:12] {jfjf64} zqk
[10:13] {Threei} how do I know while it's near 75?
[10:13] {magoo} no...i meant as a bounce are
[10:13] {Threei} I understand, but I need to see how it gets there, what it does when it's there
[10:14] {magoo} if recrosses 75 im long
[10:14] {nemo} definitely a support area
[10:14] {magoo} nice bounce AIG
[10:14] {Threei} I can sometimes define support if there is something within today's range to indicate it, but it's beyond today's range,
[10:15] {Threei} nor there anything on daily to suggest support there
[10:15] {nemo} remember that REM bounce I call I made in December you took for a buck? That was on month old support
[10:16] {Threei} in Decmebr?
[10:16] {Threei} lol
[10:16] {nemo} What day is today Vad?
[10:16] {Threei} March
[10:16] {Threei} this much I know
[10:16] {nemo} phewww
[10:17] {Threei} and the only thing I remember about December is that there was one
[10:18] {dino} it's xmas
[10:19] {magoo} l rimm here
[10:22] {dino} cf sm l .00
[10:24] {dino} stopped -.31
[10:26] {nemo} Guten Morgen Herrn K
[10:27] {magoo} offering RIMm .20 area
[10:28] {RonS} Is CAT setting up for a run?
[10:29] {Threei} no idea, so far pretty random
[10:29] {magoo} may be .40 area exit
[10:29] {Threei} 10:25] * KSystems was kicked by ChanServ (You are not permitted to be on this channel.)
[10:29] {magoo} .80 entry so i got room to run
[10:29] {Threei} lol
[10:29] {Threei} why does it entertain me so much
[10:30] {Threei} who took AVEO, game plan:
[10:30] {magoo} AONE
[10:30] {Threei} offer half .72
[10:31] {Threei} AON Shares have moved out to new session highs following CNBC mention (41.52, +0.20, 0.48%)
[10:32] {Threei} stop to under .50
[10:36] {dino} nav sm l .25
[10:36] {magoo} cf l recross .50 IF
[10:38] {magoo} waiting rimm .47
[10:38] {Les} imax
[10:38] {magoo} in CF .55
[10:40] {magoo} AMLN demolished
[10:40] {magoo} bad news
[10:40] {Threei} AMLN Reportedly FDA posts inspection report citing inappropriate quality controls at Ohio plant (20.12, -1.07, -5.05%)
[10:40] {RonS} dino play...
[10:42] {magoo} wow AMLN bounce
[10:43] {Threei} monster
[10:43] {magoo} say that again
[10:43] {Threei} monster
[10:43] {magoo} :)
[10:44] {Threei} Negatives for Pelosi, Reid, Boehner Hit Record Highs
[10:45] {dino} cf lod
[10:46] {Threei} (EU) EU' Rehn: EU would lose credibility if it let Greece collapse
[10:47] {magoo} stopped
[10:47] {magoo} cf
[10:48] {dino} pll lod
[10:50] {Threei} Long Setup: ZION .25 break if stays above .20
[10:58] {Les} zqk testing resistance at .70
[11:00] {magoo} inzion now
[11:00] {nemo} where at .20?
[11:02] {magoo} whenever i scalp it..rimm launches...when i try for a move...nada
[11:03] {Les} damn. aig reversed at yesterday's closing again
[11:04] {magoo} aig if IF takes ,,50 long
[11:05] {Les} me no. it fell off a cliff under 50/200 ma at 10:45. the stock is wandering in cyberspace wilderness now
[11:06] {Les} no vol, direction etc. was a cash machine monday, now an expensive overdraught :)
[11:07] {Les} zqk popped
[11:08] {fernp} HSY 42 break, Vad?
[11:08] {Threei} most likely, yes
[11:08] {fernp} .95 or .90
[11:08] {Threei} very nice juicy offer to break
[11:09] {Threei} both are vaslid
[11:09] {Threei} valid
[11:09] {fernp} ty
[11:11] {magoo} i may let rimm run...
[11:11] {Threei} (US) CNBC's Liseman: Dodd financial reform bill would limit Fed to supervising banks with $100B+ in assets
[11:11] {Threei} - Compromise would put consumer financial products agency in the Fed.
[11:11] {Threei} - Parties still working on derivatives compromise
[11:13] {Les} Fed can continue to scheme with biggest banks hey - good boy Dodd
[11:13] {Les} Vad, you interested in zqk pullback here?
[11:13] {Threei} not really
[11:14] {Threei} Financial products agency in the Fed? talk about fox and henhouse
[11:14] {Les} well I hope you're here to lead me through the next big crash...
[11:15] {Threei} who says there will be one
[11:15] {Threei} and
[11:15] {Threei} we survived last one very nicely
[11:15] {Threei} having prolonged winning streak in those crazy months
[11:15] {Les} that's what I'm thinking. I can presume human nature to do same stupidity once again at some point in future
[11:16] {Threei} well yeah
[11:16] {Threei} but as far as nearest fture is concerned, I don't buy all these alarming screams about crash coming immediately
[11:16] {Threei} calls for double dip, for retesting of 666
[11:16] {Les} ah no, not what i meant
[11:17] {jfjf64} market breakin
[11:17] {Threei} IMO, not going to happen - not until next bubble develops and bursts
[11:17] {Les} S&L was what? 80's , 90's?
[11:17] {Les} tech bubble 2000
[11:17] {Les} housing 2007
[11:17] {Threei} well, I think they will become more frequent now
[11:17] {Les} voila
[11:17] {Les} was about to say same thing
[11:17] {dino} s&l 80s
[11:18] {Threei} general instability incorporated in the system comes to a head
[11:18] {Les} ok so frequency contracting
[11:18] {Threei} and starts manifesting itself more actively
[11:19] {Threei} unless the system itself goes through serious remodeling, crisis mode will become almost a normal mode soon
[11:19] {Threei} but this "soon" is still not measured in months
[11:19] {Les} hmm. wonder what happens when crisis is normalised in western societies?
[11:20] {Threei} financial system crash on one of the extremes
[11:20] {Threei} it won't be normalized
[11:20] {Threei} it will just become so friequent and so strong that stanility will be lost
[11:20] {Threei} stability
[11:20] {Les} yeh, being a new norm
[11:21] {Les} was thinking social consequences:
[11:21] {Threei} hope for salvation is, enough people realize that the problem is not in bad behaviior of this or that bank or executive
[11:21] {Les} http://miburl.com/vmWrYj
[11:21] {Threei} and start voting in people who want real reform of the system that produces such behavior
[11:21] {Les} sure
[11:22] {Threei} then the very existence of this ugly conglomerate of Fed and govt comes into question
[11:22] {Threei} fed gets abolished
[11:22] {Threei} central bank becomes public
[11:23] {Threei} conflict of interests between lender and borrower is eliminated,
[11:23] {Threei} spending gets reigned,
[11:23] {Threei} and situation gets a chance to come back to normal
[11:23] {Threei} That's my scenario for a cure
[11:23] {Les} to reach such a moment, will, in the memorable phrase of Dickens, be "Hard Times"
[11:24] {Threei} Amylin Pharmaceuticals Inc Comments on FDA inspection reports, notes it addressed these findings in previous public statements
[11:24] {Threei} - States that it previously said the FDA's observations are addressable.
[11:24] {Threei} don't know... I am no Nostradamus
[11:24] {Threei} things happen quickly
[11:24] {Threei} changes reach magnitude unthikable just a few short years ago
[11:25] {Threei} straw poll among youth republicans a month or so ago showed most popularity for who do you think
[11:25] {Threei} Ron Paul, out of all candidates
[11:26] {Threei} think about it... youth didn't go for more glamorous candidates,
[11:26] {Les} so they aren't stupid
[11:26] {Threei} they were more enamored with one who calls for Fed abolishment
[11:27] {Threei} huge problem is - this is not really segment of life where common sense and people's intuition helps much
[11:27] {Threei} it's jst too complicated and specialized
[11:27] {Threei} hard to expect the layman to understand all the implications of Fed existence or abolishment
[11:30] {Threei} JPMorgan Chase and Co CEO Dimon: support 70-80% of the regulatory reforms being proposed in Washington including the consumer protection agency
[11:30] {Threei} - must allow banks to fail in the future, and "banks should pay for bank failure."
[11:30] {Threei} - notes small business is starting to show improvement, middle market companies doing better than many people believe.
[11:33] {magoo} aig
[11:34] {magoo} l .50
[11:35] {magoo} vad..u out ZION?
[11:36] {Threei} I never took it
[11:36] {Threei} it invalidated
[11:36] {Threei} it's all yours
[11:36] {magoo} ah..i took .23
[11:36] {magoo} out here then
[11:36] {Threei} wtg
[11:36] {magoo} i guess
[11:37] {Threei} US) House Speaker Pelosi: Would like to see vote on healthcare reform next week
[11:37] {Threei} she would, wouldn't she
[11:38] {Threei} - Overhaul of student loan program will be included in the healthcare bill.
[11:38] {Threei} good idea... let's also include carbon tax, financial reform and travel advisory in there
[11:39] {dino} well, that is the plan, since they can't get these approved the traditional way
[11:39] {dino} it's the "we know what is good for you" play
[11:39] {Threei} yup
[11:40] {Threei} you are ahainst it? you arfe just too stupid to know what is good for you
[11:40] {Threei} but worry not
[11:40] {Threei} we do
[11:40] {dino} exactly
[11:40] {dino} textbook vs real world
[11:40] {Threei} go back to your Survivor, grab that beer, we will take care of you by taxing those damn rich folks
[11:41] {Threei} oh, and sign that union card on your way to sofa
[11:41] {dino} the flaw of course is that the rich are not stupid, otherwise they would not be so rich
[11:41] {Threei} TM Exec: Have not reached decision yet on extending incentives (76.89, -0.05, -0.06%)
[11:41] {dino} amsc luv today
[11:42] {RonS} "Don't tax you, don't tax me, tax that man behind the tree."
[11:42] {RonS} Huey Long
[11:42] {dino} lol
[11:45] {dino} the politics of envy; you got it, i want it, too lazy to figure how to get it, so destroy it
[11:45] {magoo} out rimm here .48
[11:45] {magoo} +.68
[11:46] {Threei} beautiful
[11:46] {patience} very nice magoo
[11:46] {dino} gj
[11:48] {jfjf64} nice magoo
[11:49] {Les} out aig +.20, after stopping -.05 on long with mags
[11:49] {jfjf64} nice les
[11:49] {Les} too much trouble, aig
[11:49] {Les} only liked it monday
[11:51] {magoo} aig stopped
[11:51] {dino} gj les
[11:53] {Les} I've been reflecting on the nature of momo
[11:53] {Les} it really is a rare beast we encounter
[11:53] {Les} once per month maybe?
[11:54] {Les} AIG had some good setups tuesday, one or two wednesday, but not the same thing
[11:55] {Les} TM taking that kicking was great, but only happened once
[11:57] {Les} following a momo event, more money is lost than won
[11:58] {Threei} once per month sounds exaggerated
[11:58] {strider} Ah, a phiLESopher
[11:58] {Threei} it depends on market, some environemtn is more conducive to momo plays than others
[11:59] {Les} that I've played, TM with you, AIG recently. yeh sure it changes. but i wasn't here last summer
[11:59] {Threei} but even now we had AIG, TM, SEED,
[11:59] {Threei} TIVO
[12:02] {Les} right, but it's just a brief moment. to recognise what it is and not to hesitate - nirvanah
[12:02] {RonS} dino, see anything w/ PCX?
[12:02] {dino} down
[12:03] {dino} gap around 19.75
[12:03] {dino} strange day for my style
[12:04] {dino} igk drop
[12:05] {dino} bad print
[12:05] {RonS} must be...
[12:08] {fernp} UAUA hod
[12:11] {fernp} 1:1 UAUA 6 cents scalp
[12:12] {Threei} (EU) ECB's Trichet: Asked about violations of the ECB's stability pact rules regarding 3% debt to GDP, says it is unfortunately a problem being seen in all industrialized countries - Fox News interview
[12:12] {Threei} - Euro has "delivered the promise of price stability" to Euro Zone states.
[12:12] {Threei} - Euro inspires confidence, does not compete with the dollar.
[12:13] {dino} real confidence inspiring when members lie/cheat
[12:14] {Threei} IMF's Lipsky: There is some justification for significant optimism out the economic outlook
[12:17] {Threei} [08:37] {Threei} I wonder if UAUA is on the verge of final spike
[12:20] {Threei} Treasury's Sec Geithner: US economy is starting to come back and could emerge as a leader
[12:20] {Threei} yes - if you guys get out of the way
[12:23] {RonS} elves & knaves; w/ no Reagan on the horizon
[12:24] {RonS} ...and Volker cashiered into a caricature.
[12:24] {dino} vad, these's your 666 you spoke of earlier
[12:25] {dino} ron reagan was the man.
[12:25] {dino} most terrifying words spoken, "i'm from gov't and i'm here to help" reagan
[12:26] {Threei} yeah
[12:26] {dino} rino charging today
[12:31] {RonS} reagan (during a CA guv redwood cutting controversy): "If you've seen one redwood, you've seen them all."
[12:31] {dino} roflol
[12:31] {dino} this country needs another reagan
[12:32] {RonS} ...converted Democrat...like Saul of Tarsus.
[12:33] {dino} mkt drop
[12:46] {strider} BA
[12:48] {strider} vad, whatcha think of UAUA as inverse c&h?
[12:50] {strider} never mind.:)
[12:50] {Threei} lol
[12:51] {dino} wampq ouch
[12:51] {strider} BA break?
[12:53] {RonS} strider, you may want to lookd at PCP v BA...
[12:56] {dino} another 6 pt s/p day
[12:56] {strider} thanks, Ron
[12:57] {RonS} IVAN? opinions?
[12:57] {dino} giddy-up
[12:57] {dino} mkt that is
[12:59] {fernp} TWI any read, Vad?
[13:02] {fernp} 1:1 TWI ty :-)
[13:02] {Threei} lol
[13:02] {Threei} yw
[13:11] {dino} out nav .65, +.40
[13:16] {larisa} gj
[13:17] {dino} ty took hours
[13:19] {fernp} USB hitting 26.00
[13:24] {fernp} WCRX 26.10 break, Vad? you think is good idea?
[13:25] {Threei} hmmm
[13:26] {Threei} with market locked as it is, there is no way for me to tell successful break from return to the range
[13:26] {fernp} same thing for USB 26 break, no?
[13:27] {Threei} USB is a bit different
[13:27] {Threei} this is salmon
[13:27] {Threei} has better chances
[13:27] {fernp} ok
[13:27] {fernp} ty
[13:28] {fernp} under .93 is correct?
[13:28] {Threei} or .90
[13:29] {nemo} wow quite the backup at 26
[13:39] {dino} rino to .99
[13:41] {dino} out rino slip ave .93, +.43
[13:44] {Threei} wtg
[13:46] {dino} ty slow day
[13:46] {dino} what time amln results?
[13:51] {nemo} anybody got any jokes suitable for the forum
[13:51] {nemo} ?
[13:51] {strider} most of mine are too clean.
[13:51] {nemo} wow
[13:52] {nemo} never would have thought that
[13:52] {Threei} I don't see AMLN today dino
[13:52] {strider} ok. I lied.
[13:52] {nemo} pheww
[13:52] {strider} gags?
[13:52] {strider} gas?
[13:52] {nemo} ?
[13:52] {strider} nm
[13:53] {dino} amln i think is drug decision, diabetes
[13:55] {larisa} once it is halted, dino, means news are on its way :)
[13:58] {dino} not sure they always halt
[13:58] {larisa} I was trying to make a joke to kill you and nemo with one stone :)
[13:59] {fernp} finally, WCRX 1:1 :-)
[14:00] {dino} lol larisa, too much going on to get it
[14:00] {RonS} if fern is on fire, does that mean a bush is burning? :D
[14:00] {larisa} lol
[14:01] {nemo} ?
06[14:01] * larisa slaps nemo around a bit with a large trout
[14:01] {nemo} :)
[14:02] {dino} ohhh mannn ron
[14:03] {RonS} for Vad: http://www.businessinsider.com/the-age-of-toyota-drivers-2010-3?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29
[14:05] {fernp} AXP trying 41.00
[14:05] {Threei} so much for my theory
06[14:07] * nemo slaps larisa around a bit with a large bouquet of flowers :)
06[14:08] * nemo thinks, "That'll ruin my image..."
[14:08] {RonS} ok, so how do you prepare for a potential squeeze run in UAUA?
[14:08] {larisa} you are so much nicer person than I am
[14:09] {nemo} depends on the situation...:) I can derive enjoyment out of both ends of the spectrum
[14:09] {RonS} I guess I am asking for a long trigger...
[14:10] {nemo} follow the trend line ron
[14:17] {Les} might have just become a short Ron
[14:18] {RonS} i run a quote ticker line whose speed mimics the volume and it is barley moving...
[14:19] {RonS} barely...
[14:19] {Les} I have no idea what that means Ron :(
[14:20] {Les} CHRW busting 54
[14:20] {RonS} ...has everyone gone for the weekend already? eg, Les the trade action right now is very, very slow.
[14:21] {dino} feels that way
[14:21] {dino} summer starting early
[14:21] {Les} gotchya
[14:21] {nemo} actually it's very, very, very, very slow, Ron
[14:21] {strider} I'm gonna take MC ride as soon as this misery is over.
[14:22] {Les} how's weather stateside?
[14:22] {nemo} depends on where you are
[14:22] {strider} AIG inverse H&S
[14:23] {strider} little drizzly....low 60F here.
[14:24] {nemo} partly, sunny highs in the 40's SW wind 5-8 mph
[14:24] {dino} rain and 50s
[14:25] {strider} look at spy t7s
[14:25] {strider} t&s
[14:26] {strider} spinning a mile a minute
[14:32] {fernp} scalp by scalp i've managed to be back at breakeven. I'm tired. Have a good weekend everybody. See you all on monday
[14:32] {Threei} take care fern
[14:32] {nemo} c u Fernando
[14:32] {RonS} cya fern
[14:32] {dino} cya feern
[14:32] {strider} see ya fern................")
[14:33] {Threei} FR) French Fin Minister Lagarde: Reiterates at this time there is no Greece bailout required but EU is discussing a contingency plan
[14:33] {Threei} - notes involving the IMF in the Euro-zone would be "a bit odd"
[14:33] {Threei} - happy that the Euro has weakened
[14:33] {Threei} - not worried about other Euro-zone
[14:35] {Les} gj fern. bon weekend
[14:36] {Les} AIG broke without me. 34 has pivot point support under it so looking for a bounce to play
[14:36] {dino} me thinks they do protest too much
[14:44] {dino} pfcb
[14:45] {Raven} shit ... I forgot to water stinkin plants
[14:45] {nemo} nice talk
[14:46] {Raven} lol ... I hate plants
[14:46] {Raven} but sorry for editable line, 3i
[14:46] {nemo} you must be under orders
[14:47] {Raven} self-inflicted orders
[14:47] {Threei} not editing
[14:47] {nemo} oh
[14:47] {Raven} jeeze ... then get busy nemo ... create some havoc
[14:48] {nemo} Now...if you were to go George Carlin...that would be editable
[14:48] {nemo} Or, John Valbe...
[14:49] {Raven} you know too many unrecognizable names ... so I well water some plants ... sigh ... brb
[14:50] {nemo} John Valbe was the 7 dirty words of the college circuit
[14:50] {nemo} back in the day
[14:51] {dino} 80s
[14:51] {nemo} 70's and 80's for me
[14:51] {dino} how old are you
[14:51] {nemo} Vad's age
[14:51] {Les} AIG is bouncing (why'd I only take 5 cents?). db or death to follow
[14:52] {dino} 55?
[14:52] {Les} 62?
[14:52] {nemo} no
[14:52] {Threei} 94??
[14:52] {dino} 45 next week for me
[14:52] {nemo} ides of march
[14:52] {Les} just kidding vad. making fun of nemow
[14:53] {Les} nemo
[14:53] {nemo} list Les...list
[14:53] {dino} st pat's, wife is on the ides
[14:53] {nemo} St. Pats, bad memories
[14:54] {dino} green man time
[14:54] {dino} ever see that according to jim green man episode, funny
[14:54] {nemo} that day cost me alot in legal fees
[14:54] {dino} divorce?
[14:55] {dino} usually cost me beer $
[14:55] {dino} been putting green dye in my beers all week
[14:55] {nemo} no..me and 5 or 6 young men had a disagreement
[14:55] {dino} oh
[14:56] {RonS} ...nemo whips out his harpoon from the peg leg
[14:57] {RonS} ...snake bliskin style...
[14:57] {Les} EXPD could be reversal
[14:57] {nemo} good movie...liked Adrienne Barbeau
[15:01] {Les} KLAC
[15:01] {magoo} its time
[15:01] {magoo} vad rwiay?
[15:01] {Les} aig's got big offer blocking at .20
[15:02] {nemo} hit 'em Vad
[15:02] {dino} back in 10
[15:02] {magoo} aig short to me
[15:02] {Les} waiting for lod
[15:02] {Threei} market is still where it was
[15:02] {Threei} no signs of movement
[15:02] {Les} it is rather tight isn't it
[15:03] {Les} not long weekend is it?
[15:03] {Threei} (CA) IMF and Canada sign borrowing agreement
[15:03] {Threei} who will borrow from whom?
[15:03] {Threei} no Les
[15:04] {nemo} cat might have a bull flag
[15:06] {Les} unfriggincredible AIG ain't shortable
[15:07] {Threei} it is here
[15:07] {magoo} oh shit bought it checking lol
[15:07] {Threei} lol
[15:07] {nemo} I hate that, sneezed once and went short by accident
[15:08] {nemo} Then there's the classic double tap, and two lots in hand
[15:08] {dino} about 48 hours les
[15:08] {Les} ?
[15:10] {dino} the weekend
[15:10] {Les} duh
[15:10] {Les} :)
[15:10] {dino} lol
[15:11] {Les} caught another 10 cents long on AIG
[15:12] {Les} ZION
[15:12] {dino} sm l sam .55
[15:12] {dino} gappy
[15:13] {strider} ya think :)
[15:13] {dino} indeed
[15:13] {dino} thats why small
[15:14] {Les} could drive a mack truck through those gaps dino :)
[15:14] {Les} dino trade
[15:15] {Les} h & s fas?
[15:15] {dino} million ways to trade
[15:15] {strider} yeah, and a few of em even work.
[15:16] {dino} only need a few
[15:16] {nemo} yeah, jack-of-all-trades, master of none, is very appropos for this activity
[15:17] {nemo} fas bounce at .50
[15:18] {nemo} damn...51
[15:24] {Les} scalp scalp scalp. taking money back of ZION
[15:27] {Les} ZION lod b/d?
[15:28] {Threei} can't tell
[15:30] {magoo} AIG falling
[15:40] {strider} 2 down days this week, and still a little green for the week....I'm happy with that.
[15:40] {dino} zzzzzzzzzzzzzzzzzzz
[15:40] {dino} gj strider
[15:40] {strider} thx dino.
[15:41] {Les} u r holding up well in chop chop st. cool beans.
[15:41] {dino} np
[15:42] {strider} thx les.
[15:45] {Les} ah. green to finish the week? how nicespy
[15:47] {dino} if so 22 of 24
[15:48] {nemo} yeah, getting the 3:40 rally
[15:52] {RonS} good weekend to all. adios.
[15:52] {Les} ciao bon weekend
[15:52] {Threei} take care Ron
[15:52] {Threei} I was beyond careful today,
[15:52] {nemo} don't let the door hit you on the way out
[15:53] {Threei} didn't want to press things
[15:53] {dino} cya ron
[15:53] {Threei} and seeing how market sat in place for the whole day, was probably right decision
[15:57] {Threei} GG CEO: remain very bullish about gold price, based on long term supply and demand fundamentals based on inflation hedging and central bank buying - CNBC interview (39.34, -0.68, -1.70%)
[15:57] {Threei} can GG ceo be bearigh on gold, really?
[15:58] {dino} out nsm -.09 all day
[15:59] {Threei} ok guys, thank you all
[15:59] {Threei} have a great weekend
[15:59] {Threei} see you all on Monday
[15:59] {dino} out jcg +.10 all day\
[15:59] {dino} out same +.05
[16:00] {larisa} bye :)
[16:00] {Les} ciao all
[16:00] {magoo} c u all
[16:00] {dino} thx all, gtood times, good week, appreciate the ideas
