Monday, March 22, 2010

Mar 22 2010

Sloooow day with very few but profitable trades. VPHM, CAT, LVS were the stars of the days. If for some odd reason you are interested to see my longer term (beyond next 5 minutes that is) market outlook, go to 12:26

Session Time: Mon Mar 22 00:00:00 2010
[07:54] {ese} back from Italy........am up and on the board
[07:59] {ese} body still running on european time
[08:16] {Threei} welcome back ese
[08:16] {Threei} how was the trip?
[08:22] {ese} hey vad....fabulous
[08:22] {Threei} great to hear
[08:22] {Threei} (CH) China's Premier Wen: China opposes both "trade wars" and "currency wars" - Chinese state TV
[08:22] {Threei} - Comments that foreign countries should not start a trade war.
[08:22] {Threei} - China does not deliberately pursure trade surpluses.
[08:22] {Threei} - China will look to increase imports.
[08:22] {ese} loved rome and lflorence and the food was spectscular
[08:23] {ese} big dn day today looks like
[08:24] {Threei} EU) EU's Almunia: Should not open the door on discussions about countries leaving the Euro Zone
[08:25] {Threei} well, we had another big run,
[08:25] {Threei} then red Friday,
[08:25] {Threei} now health care bill pass over weekend adds to market unease
[08:27] {ese} hmmmmmm
[08:40] {Threei} GR) Greek Deputy PM: Germany allows its banks to speculate against Greece
[08:41] {Threei} why shouldn't they, and why should Germany intrude in this
[08:43] {ese} good question........
[08:44] {Threei} one curous thing happend ese, don't thing I've ever seen this before
[08:44] {ese} I don't totally understand how the eu and the euro work but maybe they have a right to because they are all on the same curency
[08:44] {Threei} PALM got target 0
[08:44] {ese} huh!!
[08:44] {Threei} yup :)
[08:45] {ese} the stock is tanking for sure........
[08:45] {ese} whats up.......they just can't compete
[08:46] {Threei} that's the gist of it
[08:47] {ese} just looking at that ....canacord ...sell rating...target 0....hmmmm how bout that....i've never seent that either
[08:47] {ese} bold statement
[08:47] {Threei} yeah
[08:47] {Threei} take a look at one of the plays in it on Fri
[08:47] {Threei} http://caracommunity.com/sites/default/files/PALM_short_scalp_type_I.jpg
[08:48] {Threei} SS means sold short
[08:49] {Threei} was a lucrative hold overnight, 5K would practically end the day... but who needs to wake up and finds out that Cannacord said "oops, typo, sorrry, that was 10"
[08:49] {ese} no kidding.......and that has happened
[08:56] {Les} morning all
[08:57] {Les} U back already ese?
[08:57] {ese} les
[08:57] {ese} yup.....made it to Lake Como for a beer but you wern't there
[08:57] {Threei} les :)
[08:57] {Les} cool. how many weeks was that?
[08:57] {Threei} EUR/USD Euro hits session lows of 1.3480 following comments from Greek Deputy PM - dealers
[08:57] {ese} 2
[08:58] {Les} enjoy yourselves?
[08:58] {ese} fabulous......want to go back in the summer
[08:59] {ese} didn't like Naples though........roughist looking place on the planet i think
[08:59] {Les} Ah, there I can join you. we are in south Tuscanny during July
[08:59] {Les} Napoli fantastico!
[08:59] {ese} really?
[09:02] {ese} wern't there very long....just passing through on our way to Pompei to see those ruins
[09:05] {nemo} dude
[09:05] {nemo} Hey swissy!
[09:05] {ese} dude......i'm back
[09:06] {nemo} Back in the Vancouver groove!
[09:06] {ese} will be soon......body is still on european time
[09:07] {Les} why don't you just call me wussy and save yourself the intellectual effort Nemo....
[09:07] {ese} lol
[09:08] {nemo} no effort on my part...comes naturally
[09:16] {dino} gm all
[09:16] {Threei} dino :)
[09:16] {Les} hey dino
[09:16] {Threei} dino, you'll like this:
[09:16] {Threei} EU) EU's Almunia: Should not open the door on discussions about countries leaving the Euro Zone
[09:17] {Threei} and
[09:17] {Threei} GR) Greek Deputy PM: Germany allows its banks to speculate against Greece
[09:17] {larisa} gm :)
[09:17] {Threei} larisa :)
[09:17] {dino} lol 3i, we called it
[09:17] {Threei} the best part is still ahead, I think
[09:18] {Les} hey Larisa
[09:18] {Threei} I like this last one
[09:18] {larisa} :)
[09:18] {Threei} maaa, he calls me names
[09:20] {dino} thinking is germany will speculate against greece, no way they will loan them $
[09:20] {Les} dog eats dog in Euro land
[09:24] {dino} woof
[09:27] {Threei} oh god
[09:27] {Threei} http://tinyurl.com/yzu5ohc
[09:27] {Threei} for when you have time
[09:28] {Les} lol, Obama really will go down in history if that should be the case
[09:28] {Threei} I don't see how it can be prevented
[09:28] {Les} I'd love to avoid pay $600 a month for the family
[09:29] {Threei} other than setting fines at the level of insurance cost
[09:30] {Les} which one would logically assume
[09:30] {Les} PALM support .71
[09:31] {dino} when i was in insurance, saw that happen all the time w/pregnant women. no cov. get preg., get cov, have baby drop coverage
[09:31] {Threei} Short Setup: WFC 30.05 break
[09:31] {dino} hmos took a beating on this
[09:31] {Threei} if stays under .15
[09:32] {fernp} Good morning everybody
[09:32] {Threei} fern :)
[09:33] {Threei} PALM AT&T adds Palm Pre and Pixi smart phones to store offerings, to operate on AT&T's 3G network
[09:33] {Threei} - AT&T also will soon unveil an Android-based smartphone the Dell Aero. This will be Dell's first smartphone available in the U.S., and will feature a user interface developed by Dell and AT&T.
[09:33] {Threei} - Palm Pre Plus will be available at $149.99 and the Palm Pixi Plus will cost $49.99, both after a two year contract and mail-in-rebate.
[09:35] {Threei} bounces are taken as sell opportunity so far in PALM
[09:36] {ese} L gild .97
[09:37] {ese} stop .85
[09:38] {ese} thought for a second there i was bull trapped
[09:39] {Threei} VPHM
[09:39] {Threei} looking for long entry on pullback to about .95
[09:39] {Threei} or consolidation and break if mareket strength continues
[09:41] {Les} somx
[09:41] {Threei} no fresh news
[09:42] {Threei} Long Setup: VPHM .10
[09:42] {Threei} still prefer a pullback...
[09:42] {Threei} but doesn't seem to be happening
[09:42] {Threei} stop for scalpers under 14
[09:42] {Threei} for daytraders .95
[09:43] {Threei} should be capable of more than scalp
[09:44] {ese} stop to break even .97 gild
[09:44] {Threei} SOMX selloff
[09:45] {Les} can't short it
[09:45] {Les} airlines at it again
[09:45] {_shorty} Good morning
[09:45] {Les} hi shorty
[09:45] {Threei} shorty :)
[09:45] {_shorty} Hello Les
[09:46] {_shorty} Hello Threei
[09:46] {Les} PALM
[09:46] {Threei} short squeeze PALM
[09:46] {dino} dsw sm a .63
[09:47] {dino} long
[09:48] {ese} out .01 +.04
[09:48] {jfjf64} mornin
[09:48] {Threei} jf :)
[09:49] {_shorty} Going short PALM...maybe
[09:50] {_shorty} Short 3.93
[09:50] {nemo} almost 1:1 on vphm..move stop to b/e?
[09:51] {Threei} .05 I'd prefer
[09:51] {jfjf64} uaua
[09:52] {jfjf64} .15
[09:52] {_shorty} Out palm -6
[09:52] {Threei} good stop
[09:52] {_shorty} Practicing Threei. Thanks
[09:54] {nemo} huge reserve shares vphm
[09:54] {Threei} grrr JAZZ
[09:54] {_shorty} You are long vphm nemo?
[09:54] {nemo} yeah
[09:54] {Threei} finished so weak, and started questionably today
[09:55] {Threei} decided to abandon it
[09:55] {nemo} broke .15
[09:55] {nemo} Howard Cosell of stock following
[09:58] {Threei} good one on UAUA, jf
[09:58] {jfjf64} ty pal
[09:59] {Threei} BRCD Hearing takeover chatter circulating (5.83, +0.17, 3.00%)
[10:00] {jfjf64} cat short
[10:00] {jfjf64} any read vad
[10:00] {ese} l stx .26
[10:01] {jfjf64} thnkin 59.30
[10:01] {Threei} I'd like to see one more bounce first,
[10:01] {Threei} lower high
[10:01] {Threei} then breakdown
[10:01] {Threei} as it is, it simply goes with market, with no setup on its own
[10:02] {ese} out .30 +.04
[10:03] {Threei} see how it willingly snaps back with any market uptick?
[10:03] {Threei} not making new high though
[10:03] {magoo} morning
[10:03] {Threei} so, short material, yes
[10:04] {Threei} mags :)
[10:04] {Threei} (EU) Juncker: Greece will not be abandoned by the EU
[10:05] {magoo} greece is "to big to fail?"
[10:05] {Threei} Eu will make "all technical instruments" available to Greece
[10:06] {Les} 20'000 hot air bureaucrats. not sure that's what greece had in mind
[10:07] {nemo} motivate vphm please vad
06[10:07] * Threei kicks VPHM in the rear
[10:07] {Threei} like this?
[10:07] {Les} 50 ma coming up fast on VPHM. hopefully some support for push higher
[10:07] {nemo} it's already at r3 for the day
[10:08] {Threei} bidder at .10 tries too
[10:08] {_shorty} What is r3 nemo?
[10:10] {Les} http://uploads.mibbit.com/nxNlRC.gif
[10:10] {Les} screenshot shorty
[10:10] {nemo} pivot point resistance level...most stocks, probability wise, will not clear above R3, or below S3 (support) in a given day
[10:10] {Threei} PALM Hearing MKM Partners making positive comments (timing uncertain) (3.95, -0.05, -1.25%)
[10:10] {_shorty} Thanks a lot LEs
[10:11] {Threei} VPHM over 1:1 for scalpers
[10:11] {nemo} ty
[10:11] {Threei} bidder is chasing it
[10:11] {nemo} ohh look at that .20 bid
[10:11] {Les} .99 cat b/d?
[10:11] {Threei} same guy that was at .10 I'd think nemo
[10:11] {_shorty} Scalped 4 cents on VPHM
[10:11] {Threei} real too
[10:11] {Threei} 4 cents?
[10:11] {nemo} oh oh
[10:12] {_shorty} Had it at 14.17, sold 14.21.
[10:12] {Threei} ok, ere comes major contention:
[10:12] {Threei} GE) German Foreign Min: In regards to Greece, the German gov most look out for domestic tax payers
[10:12] {_shorty} Bad entry Threei on my part.
[10:13] {Les} s CAT .96
[10:13] {nemo} wish the US would look out for taxpayers
[10:13] {Threei} thank you shorty
[10:13] {Threei} for saying it yourself so I don't have to :)
[10:13] {Threei} not that I'd hesitate
[10:13] {_shorty} lol.
[10:13] {nemo} jeez vad, usually you're busting me about being nice to newbies
[10:13] {_shorty} Had to get out, and focus again.
[10:14] {nemo} paxil works
[10:14] {Threei} think about why nemo
[10:14] {nemo} I know
[10:14] {Threei} it's simple:
[10:14] {_shorty} I am a non paying newbie, that is why he is nice. Next week will be diferent if I pay up.
[10:14] {nemo} your chin stuck out a bit
[10:14] {Les} sharp thinking shorty
[10:14] {Les} didn't think of that
[10:14] {Threei} if you are not nice, you kind of crowd me out
[10:14] {nemo} Pay for abuse...we humans are weird
[10:15] {Threei} not really how it works shorty...
[10:15] {_shorty} Kidding.
[10:15] {Threei} we are moved by two motives
[10:15] {Threei} one: whatever helps you become better trader
[10:15] {Threei} another: we enjoy exchanging insults
[10:15] {_shorty} lol
[10:15] {Threei} :)
[10:15] {_shorty} I have a good sense of humor guys.
[10:16] {nemo} market actually pretty strong after passing Obamacare
[10:16] {nemo} we'll be the judge of that
[10:16] {Threei} that's encouraging
[10:16] {Threei} it's one of prerequistis for good trading
[10:16] {Threei} only spelled better
[10:17] {Threei} nemo, IMO:
[10:17] {nemo} stop to .15 on VPHM
[10:17] {nemo} ?
[10:17] {Threei} market has very vague idea at this point how to take health care bill
[10:17] {Threei} implications are so huge and many of them ar distant
[10:17] {nemo} yeah, they don't know what's in it either
[10:17] {Threei} marlrt kind of dismissed it for now
[10:17] {Threei} and decided to react as we go
[10:17] {magoo} [10:16] {_shorty} I have a good sense of humor guys.
[10:18] {nemo} [10:16] {nemo} we'll be the judge of that
[10:18] {Threei} VPHM, two ways to handle stop from here
[10:18] {Threei} to under .10 for sure,
[10:18] {magoo} u ne4ed it beingof such a height challengred stature
[10:18] {Threei} lol
[10:18] {nemo} I think Magoo is completely back from hiatus
[10:18] {Threei} another if you are very stingy is under .15, not my favorite but...
[10:19] {Les} cat not giving up without fight
[10:19] {Threei} you chase it too far down Ls, that's why it's so tough here
[10:19] {Threei} jf had better idea
[10:20] {Threei} CTIB, what the deuce
[10:21] {Threei} non-existant volume kept me back 20 cents earlier
[10:21] {Les} stopped cat
[10:24] {Threei} Long Setup: HIG .51
[10:24] {Threei} scalp type I
[10:24] {magoo} sorry but HUH?
[10:24] {fernp} 40 or .45, Vad?
06[10:24] * Threei slaps magoo around a bit with a large scalping course
[10:25] {Threei} .45 for type I
[10:25] {fernp} ok
[10:25] {Threei} .40 for type II
[10:25] {Threei} depending on market behavior capable of both
[10:25] {magoo} type 1? big shares, scalp-a-roo
[10:26] {Threei} yes
[10:26] {magoo} ty
[10:26] {magoo} i must have blown out thiose brain cells this weekend
[10:26] {Threei} scotch? vodka? brandy?
[10:26] {nemo} stand up so you're not putting so much pressure on them Mags
[10:26] {magoo} vodka
[10:26] {Les} palm spiked on vol.
[10:26] {Threei} lol
[10:27] {Threei} ugh... thought of .98 PALM long
[10:27] {Les} i got rinsed
[10:27] {Threei} was hesitant... too bad
[10:28] {Threei} on what Les?
[10:28] {Les} .89 at 10:07 PALM
[10:28] {Les} long .01. stop .90
[10:29] {Threei} don't like that HIG didn't break with market
[10:29] {Threei} let's trail to .48
[10:29] {Threei} extra-stingy
[10:29] {nemo} neither did vphm
[10:30] {Threei} VPHM is a bit different
[10:30] {Threei} I am less concerned about it
[10:30] {Threei} it kind of marches on its own beat, and we have protected profit here
[10:36] {jfjf64} uaua
[10:39] {magoo} LVS vad...strong
[10:40] {Threei} (GR) Belgian Fin Min Reynders: would not object to the ECB or IMF participating in aid to Greece
[10:40] {Threei} - notes Germany's objections to guarantees for Greek debt (related EUR/USD )
[10:40] {Threei} I am not confident in market continuing uptrend here mags,
[10:41] {Threei} and lVS doesn't really go against it
[10:41] {Threei} not today
[10:41] {Threei} Market Internals update at 10:30ET
[10:41] {Threei} - NYSE volume 230M shares, about 5% below its three-month average; advancers lead decliners by 1.3:1.
[10:41] {Threei} - NASDAQ volume 565M shares, about 12% above its three-month average; decliners lead advancers by 1.1:1.
[10:41] {Threei} - VIX index 4.2% to 17.74
[10:43] {ese} L pbr .52
[10:44] {ese} out .55 +.03
[10:44] {ese} ust picking away little by little....gotta get the hang of this again
[10:45] {nemo} duh...looked away and vphm drops through my stop
[10:47] {Les} alright, time to short
[10:47] {Threei} why?
[10:47] {Threei} I am not objecting
[10:47] {Threei} just trying to see the reasoning
[10:47] {Les} cause my longs ain't working
[10:47] {Threei} are shorts?
[10:48] {Les} somx would've been nice...
[10:48] {Threei} CAT new high
[10:48] {Threei} VPHM back to high
[10:48] {_shorty} Short PALM 4.14..
[10:49] {_shorty} my exit will 4.19
[10:51] {Threei} VPHM 1:1 for day traders
[10:52] {Threei} those wjo play it by the book, half out here
[10:52] {Threei} offer 1/5 more above .40
[10:52] {Threei} 1/4
[10:52] {Threei} (US) Florida AG plans suit against federal healthcare reform bill
[10:52] {Threei} - joins seven other states including Virginia, Idaho (related IYH )
[10:54] {Threei} one thing I predicted spot on: the divisiveness of this administration will make W look like a dove of peace
[10:54] {_shorty} out PALM -5. This is where I should have shorted.
[10:56] {Threei} while market decides what to do next,
[10:56] {Threei} http://photography.realitytrader.com/2010/03/things-you-meet-when-go-for-walk.html
[10:57] {Les} all on the island?
[10:57] {Threei} all within city limits
[10:58] {Les} who needs Andes or Himalayas for exotic holiday?
[10:59] {Les} weakness in PM's - gld, auy, slw
[11:00] {jfjf64} lvs 5 min
[11:00] {_shorty} That is some beautiful pictures Threei
[11:01] {Threei} ty
[11:01] {Threei} dino
[11:01] {Threei} GR) EU's Juncker: Greece is not on the verge of bankruptcy
[11:01] {_shorty} Maybe not Greece, but I am.
[11:01] {Threei} {LEH} we do not need to raise any more capital
[11:01] {dino} lol shorty
[11:02] {dino} bear sterns, liquidity is not an issue
[11:02] {_shorty} I am a sucker for PALM. I shorted 4.16 exit 4.21
[11:02] {dino} chk l .51
[11:02] {Threei} why do you insist on trading against trend?
[11:03] {nemo} Love those mongolian babes
[11:03] {Threei} back away a bit, look at the 1 min chart
[11:03] {Threei} does it look like downtrend to you?
[11:03] {dino} hod's
[11:03] {_shorty} No
[11:04] {_shorty} It looks like it is having a hard time hiting it's high.
[11:04] {_shorty} Stay away,
[11:05] {dino} wfc l .50
[11:05] {nemo} plam actually looks long
[11:06] {nemo} palm
[11:06] {_shorty} You guys are right.
[11:06] {Threei} maybe not long here... went up quite a bit already
[11:06] {nemo} riding the trendline
[11:06] {Threei} but it's bouncing and squezing
[11:07] {nemo} actually looking like the indices since 9:45
[11:08] {_shorty} CTEL, thougts?
[11:09] {_shorty} Spread might be a bit to high
[11:09] {Threei} CTEL is one of those that climb slowly without giving setup for entry
[11:10] {_shorty} OK Threei. Thnks
[11:11] {nemo} LVS Vad, BA also
[11:11] {_shorty} CIEN, looking at too.
[11:12] {Les} AIG .55 b/d?
[11:13] {Threei} CIEN actually may be a setiup for a scalp on .80 break
[11:14] {Threei} AIG, don't know... toughie
[11:14] {_shorty} Might risk 5 cents on CIEN.
[11:15] {_shorty} Like you said, breakout on .80
[11:15] {nemo} 200 ma at .85 on cien
[11:16] {_shorty} In at 14.81
[11:17] {_shorty} CIEN
[11:17] {nemo} cien
[11:17] {Les} looking for .50 b/d now CAT.
[11:17] {Les} l CIEN .81
[11:18] {Threei} 1: 1 CIEN
[11:18] {_shorty} Let's do this Les!
[11:18] {Threei} nice and easy
[11:18] {Les} done ty. my faith in the world is restored;)
[11:18] {_shorty} I have no idea what 1:1 is Threei.
[11:19] {Threei} power of being with trend and having setup
[11:19] {Threei} it's risk reward ratio, shorty
[11:19] {Threei} your risk was 45 cent
[11:19] {Threei} 5 cents
[11:19] {_shorty} Ahhhhh!
[11:19] {Threei} at 5 cents profit you have 1:1
[11:19] {Threei} and most scalps tend to reverse around that
[11:19] {nemo} btw shorty, the closer you get to lunch, the better it is to play scalps
[11:19] {Threei} so if you go for opure scalping this is area where you look for exit
[11:20] {Les} CAT now vad?
[11:20] {Threei} with daytrades, those areas are where you look to partial out and trail stop
[11:20] {_shorty} O good exit is here on CIEN?
[11:20] {Threei} can't tell Les
[11:21] {Threei} shorty, you went over educational blog on RT site?
[11:21] {_shorty} I took my profit on CIEN guys.
[11:21] {Les} s CAT .48
[11:21] {Threei} if you had scalp in mind,. that's a good spot for exiting CIEN
[11:21] {nemo} LVS breaking
[11:22] {Threei} if you have reasons to believe it's going higher and weant to give it a chance, tyou sell half and trail stop to b/e
[11:22] {_shorty} Threei I did, but a month bach though. You were in the Bahamas having the worst time of your life. I will re read it tonight.
[11:23] {Threei} yeah, that was hrrible
[11:23] {Threei} beach, sand, palm trees, warm ocean... yeecch
[11:23] {_shorty} Do you have lots of pics from your trip?
[11:23] {Threei} some ar on photoblog
[11:23] {Threei} slideshow of the conference will be ready soon, I'll post a link
[11:23] {_shorty} I love the beach, I surf in San Diego once a year.
[11:25] {nemo} kinda' looking like Friday was Op Ex head fake
[11:25] {jfjf64} lvs boys any takers
[11:26] {nemo} looked away
[11:26] {jfjf64} in.25
[11:26] {nemo} nice
[11:26] {jfjf64} half
[11:26] {nemo} still nice
[11:26] {jfjf64} stop .35
[11:26] {nemo} next support is .28
[11:27] {_shorty} I will stay away from LVS for now.
[11:27] {jfjf64} thx shorty
[11:28] {jfjf64} stop .40
[11:28] {_shorty} Nice jfj64.
[11:28] {jfjf64} thx shorty
[11:29] {_shorty} I like how you called out your trailing stop. I need to work on that.
[11:29] {Les} CIEN for another b/o?
[11:29] {Les} .95?
[11:29] {jfjf64} read
[11:29] {dino} gj jf
[11:29] {dino} rino l .00
[11:30] {dino} hl
[11:30] {jfjf64} vad has great readin material on that
[11:30] {Les} or hod .97?
[11:30] {jfjf64} ty dino
[11:30] {_shorty} I was blown away by his story.
[11:31] {_shorty} CIEN at support now?
[11:31] {Threei} (US) Treasury Sec Geithner: US economy will create jobs, govt's role is to promote private sector growth (related EUR/USD TLT SHY )
[11:31] {fernp} SDS .40 break?
[11:31] {nemo} I guess that's why they nationalized healthcare then
[11:31] {Threei} lol
[11:31] {nemo} long fern?
[11:31] {Threei} not sure fern. market weaknes
[11:31] {jfjf64} his strong suite is his photography
[11:31] {fernp} yes
[11:32] {fernp} stop under .34
[11:32] {Threei} lol jf
[11:32] {nemo} then it would be correct Vad
[11:32] {dino} that statement is the ultimate contradiction, 1st the banks, autos, nopw healthcare
[11:32] {nemo} He writes great fiction shorty
[11:32] {jfjf64} lol
[11:32] {_shorty} lol
[11:32] {Threei} ok, being abused about twice vs norm today, I retire starting 11:36
[11:33] {Les} yeh dino orwell would be proud. double speak at its finest
[11:33] {_shorty} Why 11.36?
[11:34] {Threei} arbotrary deadline
[11:34] {Les} out aig +.11
[11:34] {_shorty} CIEN shaking people out?
[11:34] {fernp} [16:31] {&Threei} not sure fern. market weaknes
[11:34] {fernp} lol
[11:34] {Threei} allows me to feel a freedom of deciding what I do and when
[11:34] {_shorty} lol
[11:35] {Les} HIG back to yesterdays close
[11:36] {Les} CAT bouncing of yesterdays close
[11:36] {nemo} 11:36 Vad, you'll have to ask Obama first...
[11:36] {Threei} nope
[11:37] {Threei} I am Canadian
[11:37] {nemo} yeah, but you trade US markets
[11:37] {_shorty} And spends his profits in Canada
[11:37] {nemo} the nerve
[11:41] {Threei} Long Setup: CAT .50 break
[11:41] {Les} fcx breaking its uptrend
[11:43] {Les} palm at 4
[11:44] {_shorty} I think I am done with PALM for the day.
[11:45] {fernp} .37 stop, Vad?
[11:45] {Threei} I'd keep it under the low of this pullback,
[11:45] {Threei} and invalidate under .40
[11:45] {fernp} ok
[11:46] {Threei} (RU) Russian Dep Econ Min: Feb GDP +3.9% y/y v +5.2% y/y in Jan
[11:46] {Threei} street protests in Russia over last weekend
[11:46] {Threei} 1:1 CAT
[11:47] {jfjf64} ty vad
[11:47] {Threei} sure thing
[11:48] {Threei} love'em when they are so easy
[11:48] {jfjf64} lvs grrrrrrrrrrrrrrrr
[11:48] {nemo} whoa tivo
[11:49] {_shorty} TIVO kicking it again?
[11:49] {Threei} I don't see any fresh news
[11:49] {Threei} US) Financial reform bill will be voted out of committee today and sent to the full Senate, without consideration of amendments - CNBC
[11:52] {_shorty} Les, still in CIEN?
[11:53] {Les} nyet
[11:53] {_shorty} In at 14.89
[11:54] {Les} ah its back to b/o potential again. Vad?
[11:54] {Les} too late
[11:54] {Threei} yes
[11:56] {Threei} sorry for late answer but I am retired for the last 18 minutes... we pensioers are a little slow
[11:56] {Les} oh get back in your box
[11:56] {_shorty} lol
[11:56] {Les} back to your cave, and your navel gazing
[11:56] {Threei} happily
[11:57] {nemo} o.k lunchtime
[11:57] {Threei} CTIB... look at today's chart
[11:57] {nemo} dino stock
[11:57] {larisa} no, ese bought it once.
[11:57] {nemo} up alot already, but lvs breaks .95 on volume...
[11:58] {dino} not really my style, like $5+
[11:58] {nemo} volume wise though
[11:58] {dino} of course
[11:59] {nemo} faz
[11:59] {nemo} sorry
[12:01] {_shorty} out CIEN 15.01
[12:01] {ese} L seed .08
[12:06] {Threei} Market Internals update at 12:00ET
[12:06] {Threei} - NYSE volume 385M shares, about 10% below its three-month average; advancers lead decliners by 1.5:1.
[12:06] {Threei} - NASDAQ volume 1.02B shares, about 8% above its three-month average; advancers lead decliners by 1.3:1.
[12:08] {ese} just lookin for an excuse this one
[12:08] {ese} seed that is
[12:08] {nemo} tivo break of .35 on volume for scalp?
[12:08] {Threei} it needs to take .10 ese
[12:09] {ese} agreed
[12:10] {ese} i have an aggressive entry for sure
[12:10] {Threei} ECB's Trichet: only way to give aid to Greece is through conditional loan, not a subsidy - Q&A (related EUR/USD )
[12:11] {Les} fcx nearly green
[12:12] {Les} palm squeeze
[12:16] {nemo} mmmhhhh...is fas setting up one helluva' bull flag
[12:16] {nemo} 92.34 was Friday close
[12:18] {Threei} (EU) ECB's Trichet: The only way to give aid to Greece is through conditional loan, not a subsidy; loan should only be given in extraordinary circumsances - Q&A
[12:18] {Threei} - will look at collateral issue again if assumptions appear to be overly optimistic
[12:18] {Threei} - Reiterates that it would be absurd for any Euro Zone member to leave the EMU; Euro Zone members have a "common destiny."
[12:18] {Threei} - Notes Germany and some other countries helped keep euro-area inflation low.
[12:22] {nemo} fcx ascending triangle
[12:22] {nemo} stop too wide for my liking though
[12:26] {Threei} market is frozen solid
[12:26] {Threei} and you know when we used to see this pattern almost every day}
[12:26] {Threei} during this relentless untyrend
[12:26] {Threei} uptrend
[12:27] {Threei} there is a very good chance, IMO, that this endless grind up resumes
[12:27] {nemo} it would piss off the most people...makes sense
[12:27] {Threei} every red day, as few as we had them, gives so much hope to bears,
[12:27] {Threei} you can hear these screams from everywhere "ah it's over, market reverses"
[12:27] {Threei} can't be that easy and that obvious
[12:28] {Threei} not util they give up
[12:28] {Threei} and accept that any pullback is nothing more than pullback to go long on
[12:28] {Threei} that's when they will cover last shoprts, if any left,
[12:28] {Threei} hit buy buttons no matter what the price
[12:29] {Threei} cause market to spike uncotrollably
[12:29] {Threei} and that will be the end of it
[12:31] {ese} l seed avg still .08
[12:32] {dino} thinking, which i should not, that sense nothing really starts kicking in until next year+, for now healthcare on markets is non-issue
[12:32] {dino} next year tho, is another story
[12:33] {Threei} true
[12:33] {Threei} and it's too far away to guess now what exactly impact is going to be
[12:33] {dino} well, next year anybody making over 200k gets a 30% tax increase
[12:33] {Threei} so market kind of put it in a long drawer
[12:33] {Threei} as thing to worry about later
[12:33] {Les} anyone catch fcx?. taxi time, back later
[12:33] {dino} agreed
[12:35] {_shorty} CIEN is good to me today.
[12:36] {Threei} I really don't like these games on SEED
[12:36] {Threei} see this bid .07 and offer .12?
[12:37] {Threei} .14 now
[12:37] {_shorty} What are you looking at Threei?
[12:37] {Threei} level 2 SEED
[12:38] {_shorty} The MM?
[12:38] {Threei} someone is trying to flash hige bids and offers at various levels
[12:38] {dino} oh, sorry about that
[12:38] {Threei} ok... sin no more
[12:39] {_shorty} I see that in other stocks too. Flash, and disapear as quickly as it came. Someone is bored and p-laying games?
[12:39] {Threei} .16 now
[12:40] {Threei} not ncessary bored,
[12:40] {Threei} trying to cause certain reaction
[12:40] {_shorty} Cool, thanks Threei.
[12:40] {Threei} someone needs scalping course
[12:40] {_shorty} I saw it at 10.09
[12:40] {_shorty} lol
[12:40] {Threei} yes, right now
[12:41] {Threei} .09
[12:41] {Threei} off
[12:41] {Threei} .16 now
[12:41] {ese} i've been watching that too vad.....can't figure out what going on
[12:41] {Threei} see?
[12:41] {_shorty} Wow on the island too
[12:41] {Threei} EDGX .09 bid
[12:42] {Threei} .07 now
[12:42] {nemo} look at .07
[12:42] {Threei} my guess:
[12:42] {_shorty} I do see a scalping course in the future Threei. Need to run it by my wife.
[12:42] {Threei} someone is trying to microscalp it,
[12:43] {Threei} so he is putting offer in,
[12:43] {Threei} flashes huge bids trying to provoke buying,
[12:43] {Threei} when succeeds in selling enough, he puts bid in to cover and starts flashing huge offers, scaring players into selling
[12:44] {_shorty} That is awesome.
[12:44] {_shorty} CIEN back at resistance
[12:45] {ese} i'll say......wish I could do it
[12:45] {Threei} commercial time:
[12:45] {Threei} that, and more, in our awesome unique scalping video course!
[12:45] {Threei} commercial off
[12:45] {_shorty} lol
[12:45] {nemo} when do you turn the sarcasm off...lari
[12:45] {nemo} will get pissed
[12:45] {_shorty} Rich Vad poor Vad
[12:47] {ese} thing about seed though is that it can shoot up or dn 30cents or more in a heart beat and whoever is doing that scalping on seed is gonna get burned seriously
[12:49] {nemo} Qs at the high again
[12:50] {Threei} (US) Special master on bank pay Feinberg: will review compensation for top 25 executives at Wall Street banks - WSJ
[12:50] {Threei} - "Pay Tsar" says rules do not allow clawbacks but may seek to renegotiate payments found to not be in the public interest.
[12:51] {Threei} public interest eh
[12:51] {dino} wow, i cannot believe i am reading this junk
[12:51] {Threei} sorry, my fault
[12:51] {Threei} I am posting it {G}
[12:52] {dino} atlas must be shrugging
[12:53] {_shorty} Threei, what time does the chat get started in the morning?
[12:53] {Threei} about an hour or so before market opening
[12:53] {_shorty} Thanks.
[12:53] {Threei} depends on insomnia
[12:54] {_shorty} lol
[12:54] {Threei} and of course on amount of hard liquor consumed the day before
06[12:54] * Threei slants at nemo
[12:54] {_shorty} That is why SOMX jumped Threei, FDA approved insomnia drug
[12:55] {Threei} march 18
[12:56] {_shorty} Loss of $100 trading it that day. Was way out of my league
[12:57] {Threei} momo... requires specific skills
06[12:57] * Threei slants at magoo
[12:57] {_shorty} momo
[12:57] {_shorty} ?
[12:57] {Threei} momentum stock
[12:57] {_shorty} Thanks
[12:58] {Threei} call it loco
[12:58] {Threei} good mix of locomotive and crazy
06[12:58] * Threei slants at fern
[12:58] {_shorty} I think I lost it in about 10 seconds. loco, I like that.
[12:59] {_shorty} It was Thursday that I traded it, looked at it on Friday crying
[13:04] {Threei} EHTH
[13:04] {Threei} eHealth Inc James Altucher, writing in WSJ blog, names EHTH as "perhaps the strongest beneficiary of health-care overhaul"
[13:04] {Threei} - expects EHTH, which sells insurance via the internet, to benefit from the online exchange concept.
[13:04] {Threei} - also metions QSII and MDRX which have electronic medical records and patient scheduling systems.
[13:04] {Threei} why isn't it moving then
[13:05] {RonS} ...has been pumped for months...
[13:05] {fernp} loco is crazy, mad or insane (take the one you like best, Vad) lol
[13:05] {RonS} loco en la cabeza
[13:06] {nemo} well, where else in the body would you be crazy ron?
[13:08] {RonS} loco en la pelosi
[13:08] {ese} well we gotta some ah new ah people ah to da board eh........ron and shorty.....cool
[13:09] {patience} Ese, you're back!
[13:09] {RonS} shoot ese, I showed up the day you left...am an oldtimer with all that les and nemo has said...
[13:09] {_shorty} Hello
[13:10] {ese} yes indeed i am........
[13:10] {Threei} yes fer, that's why I squinted at you when said that.. I knew it was Spanish :)
[13:11] {ese} howdy boyza.....welcome to the crazy world of vad's reality trader
[13:11] {fernp} :-)
[13:11] {_shorty} Crazy? I will fit right in.
[13:11] {ese} if indeed you are.....perfect!
[13:11] {dino} more like a jungle
[13:12] {ese} " in the jungle the mighty jungle"" the lion doesn't sleep at all"
[13:12] {ese} all together now!!!!!!! In the jungle............
[13:12] {_shorty} I am donig the harmonies
[13:13] {dino} lol, i was more on the guns and roses, "welcome to the jungle"
[13:14] {RonS} exactly dino...scrubbed from youtube or I would post
[13:15] {dino} :)
[13:19] {nemo} or, the asylum...
[13:24] {RonS} dino, what do you think of dan?
[13:25] {nemo} who?
[13:25] {RonS} chart it
[13:26] {ese} well all.....gotta go. been away too long and too mqny things to do...will hold seed to the end of the day....cya
[13:28] {Threei} take careese
[13:29] {fernp} bye ese
[13:29] {dino} dan, not much really, .35 support
[13:29] {dino} cya es
[13:30] {Threei} Short Setup: LVS .75
[13:31] {RonS} SAM frosty
[13:31] {Threei} top of this bounce is a stop, and invalidation is above .85
[13:32] {nemo} got high volume into that red candle drop
[13:32] {nemo} those two long candles near noon might provide support
[13:35] {Threei} with any market help should go closer to .50
[13:35] {nemo} look at that bid at .75
[13:35] {Threei} doesn't matter at all
[13:35] {Threei} thick stock, this kind of orders do not really stand out
[13:36] {nemo} oh yeah, almost 46 million
[13:36] {nemo} nevermind
[13:36] {_shorty} What about UBSS bid at 20.75
[13:36] {Threei} that's what we just discussed
[13:37] {nemo} gotta' do it...
06[13:37] * nemo slaps _shorty around a bit with a large trout
[13:37] {_shorty} I like trout
06[13:37] * nemo slaps _shorty around a bit with a large snapping turtle
[13:38] {_shorty} Why would that not matter if it's the MM?
[13:39] {nemo} large order, but relative to the total volume today, not that big an order
[13:39] {Threei} lost me shorty
[13:39] {Threei} what do you mean MM?
[13:39] {_shorty} Market Maker
[13:39] {Threei} who are all the others then?
[13:39] {Threei} I kow what it means
[13:39] {_shorty} But isn't he the biggest player for LVS?
[13:39] {Threei} why do you think UBSS is more important than any other?
[13:40] {Threei} what makes you think so?
[13:40] {Threei} what about BOSX for instance?
[13:41] {_shorty} He is top 3 of amount of volume amongst the MM
[13:41] {Threei} or anyone who is hiding behind any of ECNs?
[13:41] {_shorty} Thanks for discussing with me guys. Learning a lot already.
[13:41] {Threei} look at Level 2
[13:42] {Threei} INET
[13:42] {Threei} ARCA
[13:42] {Threei} NSSX
[13:42] {Threei} CINN
[13:42] {_shorty} True.
[13:42] {Threei} who are all these guys?
[13:42] {Threei} it's an ECN,
[13:42] {Threei} it gives anonimity to a player
[13:42] {_shorty} I see what you are saying.
[13:42] {Threei} when you see UBSS at the bid with 1 trillion shares,
[13:43] {_shorty} Grain of sand on the beach
[13:43] {Threei} how do you know that same UBSS is not sitting at the offer hiding behind INET, with 1 million shares hidden behind reserve
[13:43] {nemo} no...1 trillion would be a big deal
[13:43] {_shorty} I don't know.
[13:43] {Threei} and merrily selling to everyone who thinks Wow, UBSS want a lot, I better try and get in front of him
[13:44] {nemo} shorty, in LASER software you can pick among a dozen or more different ecns to buy and sell through
[13:44] {_shorty} Good point, I
[13:44] {Threei} so can any o MMs
[13:44] {Threei} of
[13:45] {nemo} my point..err...ahhh...eqzaktly
[13:45] {_shorty} Thanks guys
[13:46] {nemo} invalimudated
[13:46] {Threei} yeah
[13:52] {_shorty} My newibism hasn't come out to strongly, has it?
[13:52] {nemo} you're a what!?
[13:52] {_shorty} newbieism
[13:53] {_shorty} Newbieism: The act of being a newbie
[13:53] {nemo} after Les...Jeffrey Dahmer would have no issues here
[13:53] {RonS} lol
[14:00] {RonS} DE close today +59.96 paints a very interesting candle
[14:01] {Les} yeh thanks Nemo
[14:01] {nemo} :)
[14:01] {Les} we in anything
[14:01] {nemo} coma
[14:02] {nemo} looking for fas bounce in .05 area
[14:02] {nemo} fcx coming into support here
[14:06] {nemo} dummie me, fas bounced right at pivot
[14:07] {Threei} Market Internals update at 14:00ET
[14:07] {Threei} - NYSE volume 547M shares, about 11% below its three-month average; advancers lead decliners by 2:1.
[14:07] {Threei} - NASDAQ volume 1.51B shares, about 11% above its three-month average; advancers lead decliners by 1.4:1.
[14:07] {Threei} - VIX index -0.6% to 16.89
[14:08] {Threei} VIX is hard to believe
[14:08] {Threei} which means it goes even lower
[14:09] {nemo} invere C&H on FCX?
[14:09] {Threei} kind of but way too small to be reliable setup
[14:10] {Threei} overall, it does seem like down is the next likely move
[14:10] {nemo} 200 ma is right under spy and Qs
[14:16] {Threei} strange divergence oil and gold
[14:17] {RonS} Vad, uaua set for an eod run?
[14:17] {nemo} Why strange?
[14:17] {Threei} chart wise yes Ron,
[14:17] {Threei} I just doubt it's ery reliable for UAUA
[14:18] {Threei} nemo, don't they tend to move in unison mostly?
[14:18] {Threei} with both coresponding with USD
[14:19] {nemo} More politics in gold I think....Oil will also be responsive to perceived economic conditions right now...Gold, monetary primarily
[14:19] {Threei} GLD is mightily down
[14:19] {Threei} USO is disgustingly up
[14:19] {nemo} I remember Dr. Cosa, and Kaimu commenting on how GLD is sold down often on Mondays
[14:19] {Threei} NUAN
[14:22] {nemo} .41 break?
[14:23] {Threei} yeah...
[14:23] {Threei} struggling between chart formation and lack of trust to afternoon breaks
[14:24] {nemo} yeah, but we've cleared lunch
[14:24] {nemo} broke below trend support
[14:31] {nemo} tivo
[14:35] {fernp} 48.00 break QQQQ, Vad?
[14:37] {fernp} i don't like, forget it
[14:37] {Threei} forget what?
[14:37] {Threei} :)
[14:37] {fernp} lol
[14:38] {jfjf64} sensi im back miss anythin
[14:38] {Threei} not really
[14:38] {Threei} market is frozen
[14:38] {Threei} no movement
06[14:39] * nemo slaps jfjf64 around a bit with a large shinai
[14:39] {Threei} is it chinese for trout?
[14:39] {nemo} japanese kendo practice sword
[14:39] {_shorty} lol
[14:40] {jfjf64} lol
[14:40] {Threei} whew
[14:40] {Threei} I was scared of... never mind
[14:42] {strider} I thought you didn't have mirrors in hour house, vad.
[14:42] {strider} your
[14:42] {nemo} ?
[14:43] {nemo} oh,,,good one
[14:45] {Threei} generally no, but sometimes I forget
[14:45] {nemo} what's the big whoop, you don't cast reflections anyway
[14:45] {magoo} LVS the star of the day
[14:46] {_shorty} It is
[14:46] {_shorty} MGM followed too
[14:46] {fernp} UAUA .50 break? anyone?
[14:47] {RonS} check the M daily
[14:48] {Threei} that's what's scary nemo
[14:48] {nemo} oh
[14:48] {Threei} I'd stay away fern
[14:48] {Threei} mostly because it already made a move equal of exceeding its upper end range
[14:49] {Threei} look at daily,
[14:49] {Threei} compare this candle to others
[14:49] {fernp} i see
[14:49] {Threei} rather on a long end, right?
[14:49] {fernp} yes
[14:49] {RonS} I thought it was Vlad the Impaler, not Vad...:O
[14:50] {Threei} so... aince today is not something extraordinary, odds are it exhausted its move for the day
[14:50] {nemo} distant relative
[14:50] {Threei} over centuries, one letter just got lost in translation, Ron
[14:50] {_shorty} Would you say the same thing on LVS?
[14:50] {Threei} god yes
[14:51] {Threei} oops... did I just burst in flames
[14:51] {_shorty} lol
[14:51] {RonS} ...i was wondering...
[14:51] {nemo} now his typing will go to hell
[14:51] {Threei} LVS is a little different though
[14:52] {Threei} for some reason today is an unusual day for it
[14:52] {dino} yuii l .00
[14:52] {Threei} GOOG Shares move to session highs after report that Google.cn url is being redirected to Google.com.hk (Hong Kong) with a message saying it is the "new home" for Google search China (566.49, +6.49, 1.16%) (related BIDU )
[14:52] {nemo} jumped consolidated, jumped, consolidated and now continues in a 45 degree climb
[14:52] {RonS} ...casino stocks running...mpel
[14:52] {Threei} I'd think LVS has better chance to continue than UAUA does
[14:53] {nemo} yes
[14:53] {RonS} mgm
[14:53] {_shorty} Even with LVS, maybe +3 cents today.
[14:53] {_shorty} Overtraded today, commisions are going to hurt.
[14:54] {Threei} what do you pay?
[14:54] {magoo} me too vad
[14:54] {magoo} i think .80 area
[14:54] {Les} UAUA
[14:54] {_shorty} 200 $2 500 + 9.95
[14:54] {_shorty} 4.95 500 anything above that is 9.95
[14:54] {dino} back in 10
[14:55] {nemo} ouch
[14:55] {Threei} well... stop playing for 4 cents profits, unless you play biig shares
[14:55] {nemo} they give you vaseline with that plan shorty?
[14:55] {_shorty} lol
[14:55] {_shorty} I like the platform. I play 200 to practice right now.
[14:56] {magoo} whos your broker shortster?
[14:56] {strider} Doesn't make any sense. .01/share for 200 shares. .02/share for 500 shares.
[14:56] {_shorty} Orbis, DTM management
[14:57] {nemo} in case anybody interested, fas double topped with a trendline forming an upward wedge, which means faz just did the opposite, might be a play soon
[14:57] {nemo} pick your poison
[14:57] {nemo} fern=faz
[14:58] {fernp} lol
[14:58] {nemo} :)
[14:59] {Threei} - note: still awaiting an official announcement on Google's plans for its China search business which is expected some time today.
[14:59] {_shorty} Threei, my goal is to play big shares. If I can be consistent with 200 shares, then I plan on going to 500 +
[15:00] {Les} lol shorty, don't ask ese how many shares he plays with....
[15:00] {nemo} no dude, ese plays big shares
[15:00] {nemo} you play at the penny table
[15:01] {_shorty} Playing the penny table. I am usually out when I am +10 cents.
[15:02] {Threei} well... so's ese in many of his plays
[15:02] {nemo} it's not unusual for ese to play between 20-40k shares
[15:02] {Threei} it's just the siz of his positions
[15:02] {_shorty} Who is ese?
[15:02] {nemo} mmmhhh, lvs coming into support
[15:02] {nemo} and trhough
[15:02] {nemo} .30 recross?
[15:05] {magoo} vad, when is your traditional open house?
[15:05] {nemo} Fall?
[15:05] {magoo} nah
[15:05] {magoo} spring
[15:05] {Threei} Google Inc Updates on approach to China; offering uncensored search at Google Hong Kong site - Google blog
[15:05] {Threei} - earlier today we stopped censoring our search servicesGoogle Search, Google News, and Google Imageson Google.cn. Users visiting Google.cn are now being redirected to Google.com.hk, where we are offering uncensored search in simplified Chinese, specifically designed for users in mainland China and delivered via our servers in Hong Kong.
[15:05] {Threei} fall
[15:06] {Threei} - Figuring out how to make good on our promise to stop censoring search on Google.cn has been hard. We want as many people in the world as possible to have access to our services, including users in mainland China, yet the Chinese government has been crystal clear throughout our discussions that self-censorship is a non-negotiable legal requirement. We believe this new approach of providing uncensored search in simplified Chinese from Google.com.hk is a sensible solution to the challenges we've facedit's entirely legal and will meaningfully increase access to information for people in China.
[15:06] {magoo} googs not falling
[15:06] {Threei} BIDU did
[15:07] {Threei} We very much hope that the Chinese government respects our decision, though we are well aware that it could at any time block access to our services. We will therefore be carefully monitoring access issues, and have created this new web page, which we will update regularly each day, so that everyone can see which Google services are available in China.
[15:07] {Threei} - Google intends to continue R&D work in China and also to maintain a sales presence there, though the size of the sales team will obviously be partially dependent on the ability of mainland Chinese users to access Google.com.hk.
[15:08] {magoo} WOW bidu 20 point drop\
[15:08] {Threei} yeah, it's sensitive to GOOG leaving China or staying
[15:08] {Threei} if Chinese govt blocks it completely, watch for BIDU to soar
[15:10] {magoo} surprised they have not, its still communist rule over there isnt it?
[15:10] {nemo} autocratic anyway
[15:10] {Threei} well, it's a bit more complicated
[15:10] {Threei} they demanded that GOOG self-censored certain content
[15:10] {Threei} for a while it worked,
[15:10] {Threei} then GOOG said they will stop it,
[15:11] {Threei} and leave China if they have to
[15:11] {Threei} That sent BIDU up
[15:11] {Threei} the climb you see on daily was caused by this riff raff
[15:12] {Threei} now GOOG is trying to find workaround by redirecting traffic to their Honk Kong site
[15:16] {Threei} LVS continues
[15:16] {Threei} UAUA doesn't
[15:16] {Threei} as foretold
[15:17] {nemo} shoulda' taken that .25 recross
[15:17] {jfjf64} i did
[15:17] {jfjf64} lol
[15:18] {Threei} wtg
[15:18] {nemo} were you going to keep it to yourself?
[15:18] {nemo} JF...I'm adding you to the list
[15:18] {jfjf64} not the list
[15:18] {Threei} lol
[15:19] {nemo} you forced my hand
[15:19] {jfjf64} 20.25 recross told the room
[15:20] {jfjf64} wish i was still in
[15:20] {jfjf64} lol
[15:20] {nemo} where, I don't see it?
[15:20] {nemo} you in politics?
[15:20] {jfjf64} lol
06[15:21] * nemo thinks "should jf's name be in pen or pencil?"
[15:23] {jfjf64} comon vad ya let him talk to a paying student
[15:23] {jfjf64} lk that
[15:23] {Threei} I'd rather ou duke it out between yourselves
[15:23] {_shorty} None paying students get better treatment, it's because they care about you.
[15:24] {nemo} where you live JF?
[15:24] {Threei} only larisa nad patience get better treatment
[15:24] {Threei} and alert
[15:24] {jfjf64} na me an nemo we good its that les i got to keep my eye on
[15:24] {nemo} if you looked like them, you would too JF
[15:25] {nemo} whatever you do, don't let him behind you
[15:25] {Threei} because he is non-sorporial anyway, can't slap him
[15:25] {jfjf64} lol
[15:25] {nemo} you mean corporial?
[15:25] {Threei} yes
[15:32] {_shorty} See you guys tomorrow. Thanks
[15:32] {Threei} take care shorty
[15:32] {nemo} have a nice day...tomorrow we'll be harder on you
[15:32] {Les} cioa shorty
[15:32] {_shorty} lol
[15:32] {Les} ciao as well
[15:33] {nemo} It's existentially odd for me to be referring to someone as shorty
[15:33] {_shorty} lol
[15:34] {fernp} bye shorty
[15:34] {Threei} Market Internals update at 15:30ET
[15:34] {Threei} - NYSE volume 705M shares, about 12% below its three-month average; advancers lead decliners by 2.3:1.
[15:34] {Threei} - NASDAQ volume 1.97B shares, about 12% above its three-month average; advancers lead decliners by 2.2:1.
[15:35] {nemo} Que dice vd. "shorty"?
[15:35] {nemo} short
[15:35] {nemo} fern
[15:36] {fernp} ?
[15:36] {nemo} in Espanol?
[15:37] {fernp} short is corto in spanish
[15:37] {nemo} ty or mg
[15:38] {fernp} de nada
[15:39] {nemo} so, time for Dino's famous run at :40?
[15:40] {Threei} if so, watch for PALM last scalpable move for the day
[15:40] {dino} more like infamous
[15:41] {dino} out amsc,.22, +.47
[15:43] {Les} nice one. didn't catch any of your trades today. has made a difference for the worse.
[15:43] {dino} slow day here
[15:44] {Threei} aame
[15:44] {Threei} same
[15:45] {Threei} (US) Fed's Lockhart: Greek debt could lead to a "broad shock" in markets (related EUR/USD )
[15:45] {Threei} you don't say
[15:46] {Threei} SP) Spanish govt: Spain's 2009 budget deficit was 11.2% of GDP, lower than previous estimate of 11.4%
[15:46] {nemo} break out the party hats!
[15:46] {Threei} fern is already drunk
[15:46] {nemo} sangria
[15:48] {dino} ssme
[15:48] {dino} lol
[15:50] {dino} out dsw .84, +.21
[15:50] {Threei} AATI Reportedly an ITC judge recommends a cease and desist order against AATI in patent suit with LLTC (3.67, +0.21, 6.07%) (related LLTC )
[15:51] {dino} have to leave early, holding wfc over. gn all
[15:51] {dino} rino too
[15:51] {Threei} take care dino
[15:51] {Les} ciao
[15:51] {dino} out yuii +.24, +.24
[15:53] {Les} very slow day
[15:53] {Threei} okay guys, thank you all
[15:53] {Threei} have a good evening
[15:53] {Threei} see you tomorrow
[15:53] {Les} crap already over. nighty night
[15:54] {Threei} crsap is
[15:54] {fernp} Good evening everybody. See you all tomorrow
[15:54] {jfjf64} good night all
[15:54] {nemo} Sayonara