Total boredom with nothing happening, as market prepares for... insert your version. Mine is, march toward and above 11,000. Scalp here, stop there, with the day ending slightly negative.
Session Time: Tue Mar 30 00:00:00 2010
[03:43] {KSystems} Morning!
[07:57] {Threei} GR) ECB's Makuch: Reiterates that IMF Greece aid is a last resort
[07:57] {Threei} - IMF Greece involvement not on agenda
[07:57] {Threei} GE) German Steel Federation: Iron ore price increase of 90% would pose a major risk to recovery of steel industry
[07:57] {Threei} - 90% iron ore price increase would burden German steel makers with equal 4.5B in additional costs annually
[07:57] {Threei} ***Reminder: On 03/29 Nippon Steel and Vale reached a tentative agreement for iron ore price increase of 90%. The provisional agreement to set the price of iron ore at about $105/ton for the April-June quarter, up around 90% from all of fiscal 2009.
[08:00] {Threei} (FR) Hearing vague chatter that sovereign ratings of France could be downgraded soon
[08:00] {Threei} - Moody's current rating at Aaa outlook stable
[08:00] {Threei} - S&P current rating at AAA outlook stable
[08:00] {Threei} - Fitch current rating at AAA outlook stable
[08:00] {Threei} ***Reminder: Fitch stated on Mar 9th that amongst larger AAA rated states, the greatest urgency is within UK, Spain and France. Moody's commented back on Mar 16th that France's AAA sovereign rating was "comfortable"
[08:02] {Threei} GR) IMF's Strauss Kahn: Ready to provide loan to Greece if asked; Will impose conditions on any loan - newspaper interview
[08:02] {Threei} - Greece wage cuts and tax increases are the proper course of actions to take
[08:02] {Threei} - Says IMF has no role until it is called upon for action
[08:03] {Threei} poor GNVC
[08:04] {Threei} GenVec Inc. Discontinues Phase III trial of TNFerade
[08:04] {Threei} - Interim Analysis Indicates PACT Trial Will Not Meet Efficacy Endpoint
06[08:52] * nemo slaps Les around a bit with a large trout
[08:52] {ese} GM
[08:52] {nemo} dude
[08:52] {ese} dude
[08:52] {Threei} nemo, ese :)
[08:53] {ese} this might be the time to live on a greek island........seems like it would be really really cheap to live
[08:54] {Threei} AAPL Elan Microelectonics Corp requests ITC investigate devices from Apple which include multi touch enabled touchpads and touchscreens
[08:55] {Les} morning there
[08:55] {Threei} Les :)
[08:55] {Les} I see Nemo's in a feisty mood
[08:58] {Threei} ese, see GNVC?
[09:00] {Threei} *(US) JAN S&P/CASE-SHILLER HOME PRICE INDEX: 145.3 V 145E; COMPOSITE-20 INDEX (Y/Y): -0.7% V -0.7%E
[09:02] {Threei} MIPS Selected by Terawins, Inc for Next-Generation Multimedia ICs (4.39, 0.00, 0.00%)
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:05] {shorty} Good morning
[09:05] {Threei} shorty :)
[09:06] {fernp} Good morning everybody
[09:06] {Threei} fern :)
[09:06] {shorty} hello
[09:06] {strider} morning all
[09:06] {Threei} strider :)
[09:06] {strider} :)
[09:07] {ese} ahhhhhhh have got my coffee.......GNVC
[09:08] {Threei} LEN
[09:08] {Threei} Lennar Corp Hearing weakness being attributed to report from Barry Minkow's Fraud Discovery institute
[09:08] {Threei} - FDI has been negative on LEN before, as recently as 1/9; citing the accounting procedures at the company
[09:08] {ese} dn 2 and change vad
[09:09] {Threei} I know... why do you think I mentioned it :)
[09:09] {Threei} [08:04] {Alert} Threei GenVec Inc. Discontinues Phase III trial of TNFerade
[09:09] {Threei} [08:04] {Alert} Threei - Interim Analysis Indicates PACT Trial Will Not Meet Efficacy Endpoint
[09:10] {larisa} gm :)
[09:10] {Threei} larisa :)
[09:10] {nemo} lari :)
[09:10] {larisa} vad, nemo :)
[09:11] {ese} can a penny stock like that be shorted
[09:12] {Threei} often yes,
[09:12] {Threei} this one is not available
[09:12] {dino} ceph, mygn
[09:14] {shorty} Threei, does it matter if there are more buyers then sellers on the ecn pre market?
[09:15] {Threei} eBay Inc Officially unveils two iPhone apps
[09:15] {Threei} - eBays has launched two iPhone selling apps, one for the eBay.com global marketplace and one for eBays new classifieds site, eBayClassifieds.com.
[09:15] {Threei} - With the new eBay Selling and eBay Classifieds mobile apps, consumers can easily photograph and list an item in 60 seconds or less.
[09:15] {Threei} on level 2 you mean?
[09:15] {shorty} No, the ecn book
[09:15] {shorty} or is that level 2?
[09:15] {Threei} yes and no...
[09:16] {Threei} wait for your scalping course, it's described there
[09:16] {Threei} it's not something I can answer in a few lkines
[09:16] {shorty} Thanks.
[09:16] {Threei} requires certain concepts to be discussed
[09:17] {shorty} I did some reading yesterday, it feels like I am starting as a new trader all over again.
[09:17] {gen} gm all
[09:17] {Threei} gen :)
[09:17] {gen} :)
[09:23] {lasertrev} morning
[09:23] {Threei} trev :)
[09:24] {Threei} scanner users, you may want to add a window for cheap stocks on the move, we seem to get a lot of those lately
[09:24] {Threei} rta://NewAlertWindow/?O=20000040000000000005000000000000A00011400100000000000010_19_0&QPUD=5&QRUN=0.25&MaxPrice=10&MinRV=1&MinVol=100000&WN=Bullish+Stocks+Under+10+Moving+Up+Fast
[09:25] {strider} MPG
[09:27] {ese} are you thinking long MYGN dino
[09:28] {Threei} GNVC is one horse company or what
[09:29] {ese} definitely
[09:29] {Les} but a bit too low to comfortably short
[09:29] {lasertrev} ese dcc please
[09:29] {Les} unless it is a dead company without its miracle product
[09:30] {dino} y es
[09:30] {jfjf64} mornin
[09:30] {Threei} jf :)
[09:32] {dino} dwa sm l .70
[09:33] {dino} ceph gap fill
[09:33] {Threei} Long Setup: RCL .50 break
[09:34] {dino} ceph sm l .00
[09:35] {Threei} LOCM near yesterday's high .75
[09:35] {Threei} tough one, highly discretionary
[09:36] {Threei} SLXP FDA discloses warning letter dated 3/19 for false or misleading statements on advertisements
[09:36] {Threei} RCL invalidated
[09:40] {Threei} CAST
[09:40] {Threei} momo canddate
[09:40] {jfjf64} mu
[09:41] {Threei} .50 long
[09:41] {jfjf64} ya lk vad
[09:41] {Threei} riskyt as all locos
[09:41] {dino} dwa stopped
[09:41] {dino} ceph stopped
[09:42] {nemo} morning volatility in a relatively range bound market...oy
[09:43] {Threei} stop under .30
[09:43] {Threei} target closer to 9
[09:44] {Threei} Yesterday 17:17 CAST Reports Q4 $0.13 v $0.10e, R$16.5M v $17Me
[09:44] {Threei} - Guides FY10 F$78-80M v $74Me
[09:44] {Threei}
[09:44] {Threei} 07:02 CAST To acquire third accredited private university in China for $66.2M
[09:44] {Threei} - The acquisition, which represents the Company's third university transaction
[09:45] {dino} dwa l .50
[09:45] {Threei} .50 - .55 break should send it to about .70 for first partial
[09:46] {dino} sm l vprt .15
[09:47] {Threei} Long Setup: IMAX .90 break
[09:47] {Threei} if stays above .80
[09:49] {Threei} NOVL Hearing takeover chatter circulating
[09:49] {Threei} - IBM rumored as a potential acquirer (5.84, +0.09, 1.57%)
[09:50] {Threei} no go CAST
[09:50] {nemo} whaaa
[09:50] {Threei} IMAX is not a scalp
[09:51] {jfjf64} wfc vad ya lk
[09:51] {Threei} not really
[09:52] {Threei} on pullback, maybe
[09:52] {jfjf64} mean either lol
[09:52] {jfjf64} grrr was watchin fcx 84
[09:53] {dino} ceph sm l .35
[09:53] {fernp} WMT if break 16.00, Vad?
[09:53] {fernp} 56.00
[09:53] {Threei} yes
[09:55] {Threei} 70 points to 11K
[09:55] {Threei} come on IMAX, tear down that wall
[09:55] {dino} :)
[09:56] {strider} consumer confidence at 10
[10:00] {Threei} US) MAR CONSUMER CONFIDENCE: 52.5 V 51.0E
[10:00] {Threei} prior revised higher from 46.0 to 46.4
[10:00] {shorty} Too late for IMAX Threei?, for me that is.
[10:00] {Threei} our consumer is the most confident consumer in da world
[10:00] {Threei} it's at 1:1
[10:01] {Threei} of course its late
[10:01] {Threei} half out IMAX here
[10:01] {Threei} .03
[10:02] {Threei} stop to under .90
[10:02] {jfjf64} fcx
[10:02] {strider} long FDX .18
[10:02] {strider} long WMT.96
[10:05] {Threei} in a perverse way, I think high consumer confidence works against WMT
[10:05] {Les} i understand what you're thinking
[10:05] {RonS} yes
[10:06] {strider} seems to
[10:06] {nemo} it's not perverse...everybody wants to think of themselves as upscale
[10:06] {nemo} Walmart...never....I go to Target :)
[10:07] {ese} are you upscale nemo
[10:07] {nemo} nope
[10:08] {shorty} Target, I wish we had it in Canada.
[10:08] {nemo} We actually have something worse in this area than Walmarts...Building 19
[10:08] {nemo} Come to think of it, you get your best prices on ammo in Walmart
[10:08] {RonS} ...in area 54?
[10:09] {nemo} Now that's scary...as I wrote building 19 I had exactly the same afterthought
[10:10] {Threei} scalpers win on IMAX
[10:10] {strider} stop -.09 IMAX
[10:12] {dino} mygn sm l .25
[10:15] {Threei} strider... what??
[10:15] {strider} what what?
[10:15] {nemo} -.09 stop
[10:15] {Threei} how do you manage to get -.09 on a stock that went over 1:1, was partialed out and stop was tailed to breakeven??
[10:16] {nemo} you forget who you're talking to
[10:16] {Les} no, that's me fool
[10:16] {shorty} lol
[10:16] {nemo} pot calling the kettle black
[10:16] {dino} fwiw strider, i only got .04
[10:18] {strider} thanks, vad. I feel a lot better now.
[10:18] {nemo} schadenfreude
[10:19] {RonS} marquee de sade
[10:20] {Threei} I am trying to understand whether I was unclear abut how to manage the trade
[10:20] {strider} stop WMT -.07
[10:20] {strider} No.
[10:20] {nemo} language barrier
[10:21] {strider} I goofed getting in...got in at .94.
[10:21] {strider} Was holding for 2:1
[10:22] {strider} After it reached 1:1, I moved stop to below b/e
[10:22] {strider} actually, to below nominal entry of .90
[10:24] {Threei} AET new 52 week high
[10:24] {Threei} I guess that answers "who benefits from health care bill"
[10:25] {nemo} it sure ain't gonna' be us
[10:26] {Threei} NYU Economist Roubini: China and India are not large enough to power continued growth in global economy by themselves
[10:27] {Threei} - believes some weaker EU economies may drop out of the union.
[10:27] {Threei} - US growth will slow in 2H 2010.
[10:27] {Threei} - emerging markets followed prudent monetary policies and will likely have 'V' shaped recoveries.
[10:27] {shorty} I guess we need to outsource more jobs then
[10:29] {RonS} wtg mygn dino...
[10:29] {fernp} MAS holding on highs, any read, Vad?
[10:30] {Threei} way too narrow for my taste fern
[10:30] {Threei} struggle for 3 cents
[10:30] {Threei} not even 5
[10:31] {strider} out FDX +.40
[10:31] {dino} so far ron
[10:31] {Les} nice score st
[10:32] {fernp} ok, i'll pass too narrow even for me :-) ty Vad
[10:32] {dino} wtg strider
[10:32] {strider} t'anks.:)
[10:32] {strider} missed the spike, as usual.
[10:32] {strider} missed the spike, as usual.
[10:32] {strider} Gotta work on that.
[10:32] {Threei} wtg strider
[10:32] {strider} :)
[10:32] {larisa} gj
[10:33] {strider} Still holding in another acct. from .17
[10:33] {Threei} crap, things are so narrow, there is no any single clear trade for me
[10:34] {fernp} MYGN .50 break?
[10:35] {Threei} if comfortable with .35 stop
[10:35] {fernp} small shares
[10:35] {shorty} JASO is strong today
[10:36] {strider} PEP
[10:37] {Threei} SQNM?
[10:37] {Threei} no news that I see
[10:37] {shorty} wow
[10:37] {Les} wow. I wanted to short it 10 mins ago
[10:37] {nemo} trader toy
[10:38] {ese} I ain't found nutuun ya heearah nuttun
[10:39] {Threei} SQNM Strength attributed to positive chatter regarding new potential testing technology for Down's Syndrome (16.83, +0.52, 3.19%)
[10:39] {strider} VZ maybe
[10:39] {nemo} I think RIMM might do something...200 ma is forming perfect downward wedge on he current range
[10:40] {nemo} currently at 74.05 or so
[10:41] {Les} out MAS +.05 ty fern
[10:42] {fernp} yw
[10:42] {Les} dino, u got target in mind for mygn?
[10:42] {fernp} out MYGN +.15
[10:43] {Les} for sell trigger?
[10:43] {Threei} pullback SQNM
[10:43] {Threei} wtg fern
[10:43] {fernp} ty
[10:43] {Threei} should be a bounce from under .50
[10:43] {Threei} .40 -.45 zone
[10:45] {dino} mygn to .56
[10:45] {dino} out .60, +.35
[10:46] {Les} ok out ty
[10:48] {dino} vprt sm l .25 trig
[10:50] {Threei} this is not my market at all
[10:50] {Threei} it needs to start doing something for me to start finding plays
[10:52] {Threei} one more leg down SQNM
[10:53] {Threei} desirably shrp dive into .445
[10:53] {Threei} .45
[10:53] {RonS} ...always reminds me of this:http://en.wikipedia.org/wiki/Whipping_Post_(song)
[10:53] {dino} nor mine 3i, getting stopped all over
[10:54] {nemo} Chuangtse Vad
[10:54] {Threei} well, it's can't stay like this for too long
[10:54] {Threei} tension of uncertainty is too high
[10:54] {Threei} someone will blink very soon, and standoff will resolve into stunning move
[10:54] {Threei} and my bet is, it's going to be a move up
06[10:55] * Threei offers yet another bet of Innis&Gunn vs. carrot juice
[10:55] {Threei} ok SQNM, drop vertically
[10:55] {Threei} this slow slide is not very convincing for me to enter
[10:57] {Threei} http://photography.realitytrader.com/2010/03/rhododendrons-galore.html
[10:58] {magoo} hello
[10:58] {fernp} hi mags
[10:58] {Threei} hey mags
[10:58] {nemo} mags
[10:58] {Threei} missed two your kind movers yesterday
[10:58] {Threei} FONR and SERV
[10:58] {Threei} none today yet
[11:00] {dino} tndm l .05
[11:00] {shorty} ZION Threei?
[11:00] {fernp} BVN .60 break you think is a valid breakdown, Vad?
[11:00] {magoo} sigh
[11:00] {Threei} ZION is most likely short, with markert help
[11:01] {Threei} so's BVN
[11:01] {Threei} but both will requirte market breakdown
[11:01] {nemo} qcom too
[11:01] {Threei} if we stay locked as we were, it's all rinse world
[11:01] {shorty} I learned a lot from yesterday
[11:02] {Threei} here is one more thing you taxpayer are on hook:
[11:02] {nemo} about proper lubrication?
[11:02] {Threei} NSANY Reportedly prices its Leaf electric car at $32,780, priced $25,280 after a US federal tax credit
[11:02] {shorty} Any good ones nemo?
[11:02] {Threei} EUR/USD Moves below Feb lows at 1.3430; approaching the 1.3410 Sunday opening gap level
[11:03] {dino} vxx l .64
[11:03] {nemo} well, this is resolving downward
[11:03] {Threei} didn't mean 2 points S&P, and didn't mean right now
[11:04] {Threei} GR) Greece Debt Chief: Planning to sell T Bills in April
[11:04] {Les} yeh, took my first short - fitb - for the day
[11:04] {Threei} I am talking about big pictureK top or move to and above 11K
[11:04] {nemo} I understand, but this is a "relatively" big move. Pullbacks are probably the play for the day
[11:04] {gen} bye all
[11:04] {gen} gotta go
[11:04] {Threei} take care gen
[11:04] {strider} short BVN.60
[11:04] {RonS} http://www.businessweek.com/news/2010-03-30/greece-s-new-seven-year-bonds-fall-in-first-day-of-trading.html
[11:04] {shorty} bye
[11:04] {gen} was a good day
[11:04] {gen} :)
[11:05] {dino} gj gen, cya
[11:05] {Threei} PWER US appeals court affirms ruling in favor of PWER in patent appeal brought by Artesyn
[11:06] {Les} ty out ZION +.10 whoever mentioned it
[11:06] {shorty} yw Les
[11:06] {nemo} btw...96 has been a VERY important level for FAS over the last few days, likely bounce in that area or a FAZ play for the more squeamish
[11:07] {dino} tndm stopped -.07
[11:07] {shorty} I did not play it though. I missed my entry.
[11:07] {Threei} Short Setup: RIMM 74 break half lot
[11:08] {Threei} too far from there now
[11:08] {Threei} would rather look for aggressive entry
[11:08] {Threei} Short Setup: RIMM .15 break half lot
[11:09] {Threei} invalidated too
[11:09] {strider} stopped BVN -.05
[11:09] {Les} faz for .04 cents yippee...
[11:09] {nemo} short or long
[11:10] {Les} catching the pullback
[11:10] {Les} s
[11:10] {Les} still, 2k and 2 mins. makes it more interesting than burger flipping
[11:11] {Les} spy
[11:12] {dino} indeed
[11:12] {larisa} burger flipping is the only alternative? :)
[11:13] {Les} that or you can clean
[11:13] {larisa} lol
[11:13] {magoo} markets open full day friday..good friday? what about monday after easter?
[11:14] {RonS} closed friday, open mon
[11:15] {RonS} but, labor report out on friday...go figure.
[11:15] {nemo} great
[11:15] {Les} vad, faz .50 b/d. if finnies reverse here could be good catch
[11:15] {Les} ?
[11:15] {nemo} so we'll have a big gap monday either way
[11:15] {RonS} futures half day friday
[11:16] {Les} wary of faz b/o from here. would need to be serious selloff
[11:17] {strider} long FDX .50
[11:19] {dino} out vxx .76, +.12
[11:20] {nemo} 96 serious battleground on FAS
[11:20] {strider} stop FDX -.11
[11:21] {Threei} doesn't look to be in cards yet, Les
[11:22] {Les} ok
[11:22] {shorty} WFMI thoughts? Late to the short party I think.
[11:22] {dino} mygn l .50
[11:23] {nemo} so...puttin' away the 11k party hat for today vad?
[11:24] {larisa} moving it from desk drawer to the winter closet :)
[11:24] {nemo} don't forget the mothballs
[11:24] {nemo} it's about time for that joke dino
[11:27] {dino} lol
[11:27] {dino} vprt break of .00 sm l
[11:28] {strider} +.14 scalp FDX
[11:28] {dino} gj
[11:29] {Threei} for today, yes
[11:30] {Threei} so larisa...
[11:31] {Threei} confident enough to risk that bet?
[11:31] {RonS} calls hot on HOT, apr 48's
[11:32] {strider} Guess who's on TV (OOOOOOOOOOOOO)
[11:33] {RonS} hilary in canada
[11:33] {Threei} (EU) EU Steel Lobby reportedly asks EU Commission to work to halt speculation in raw materials (related SLX IYM )
[11:33] {Threei} yes... let's halt the speculation
[11:33] {Threei} it's easy: close the markets and designate the price
[11:33] {dino} idiots
[11:33] {Threei} I know the country that did that
[11:33] {RonS} OPEC trying to do same w/ oil price
[11:34] {Threei} very succesfully too
[11:34] {Threei} up the day it collapsed that is
[11:34] {dino} well, when chavez is your hero
[11:35] {Les} you got a read on RIMM vad?
[11:35] {Threei} not really
[11:35] {Threei} it looks to me like short
[11:35] {Threei} but confidence level is far from what I need to put on a trade
[11:35] {Les} ah its b/d, couldn't tell
[11:35] {Les} understood
[11:42] {RonS} SQNM winding up for another run?
[11:42] {Threei} with pace slowing down like this, impossible to tell
[11:43] {Threei} that was actually what prevented me to going long on it even as it dropped into the price I wanted
[11:45] {Threei} this news is continuation of what sparked FONR yesterday:
[11:45] {Threei} (US) FDA staff member claims FDA suppressed imaging safety concerns - Seattle Times
[11:45] {Threei} - A former Food and Drug Administration scientist says he was fired after raising concerns about the risks of radiation exposure from high-grade medical scanning. Dr. Julian Nicholas told an audience of imaging specialists that he and other FDA staffers "were pressured to change their scientific opinion," by managers.
[11:45] {Threei} ***Reminder: On 03/28 the New York Times reported that the FDA ignored warnings from medical experts concerning the risks related to the use of CT scans on colon cancer patients. In one particular case, documents show that the FDA's managers sought to approve an application by GE to allow the use of CT scans for colon cancer screening, despite numerous objections from agency scientists, who wanted the application to be rejected.
[11:45] {Threei} ***Note: The FDA will conduct a two-day public meeting, March 30 and 31, entitled: "Device Improvements to Reduce Unnecessary Radiation Exposure From Medical Imaging." The meeting will discuss steps manufacturers of devices used in computed tomography (CT) and fluoroscopy can take that would help reduce unnecessary patient exposure to ionizing radiation during CT/fluoroscopic procedures.
[11:45] {Les} so what about all the airport scanners. they don't add to the problem?
[11:46] {Threei} let's keep FONR on a backburner
[11:46] {Threei} this story may still have legs in the future
[11:47] {Threei} btw, everyone remembers we have a short week?
[11:47] {Threei} Fri is off
[11:48] {shorty} Short ZION 21.73
[11:48] {Threei} where is the stop?
[11:49] {shorty} .78
[11:53] {shorty} Would you trail the stop to my entry now Threei?
[11:53] {Threei} just above... you got 1:1
[11:53] {shorty} Thank you.
[11:54] {dino} vprt to .75
[11:54] {RonS} sheesh...why have we not be on AEN?
[11:54] {dino} to .80
06[11:54] * Threei slaps shorty around a bit with a large congratulation to nicely spotted and executed trade
[11:54] {shorty} lol
[11:54] {Threei} TM US President Lentz: our sales in US are up 35% in March
[11:55] {dino} out slipped to .73, +.73
[11:55] {Threei} Ron... AEN is takeover rumor - YESTERDAY'S, lol
[11:55] {RonS} I believe it. I am seeing them everywhere. People must be jumping on the deals.
[11:55] {Threei} crap flying
[11:56] {Threei} often happens near the top
[11:56] {Threei} SQNM new high
[11:57] {dino} wow glad had stop in
[11:57] {dino} out mygn .70, +.20
[11:58] {Threei} Toyota Motor Corp US President Lentz
[11:58] {Threei} - does not intend to keep in place the strong incentives it is currently offering.
[11:58] {Threei} - comments that loyal Toyota owners are coming back, but still having difficulties winning over new buyers.
[11:59] {shorty} I went with a Ford
[12:00] {Threei} haven't left Nissan from 2003
[12:00] {shorty} Pathfinder?
[12:00] {Threei} Murano
[12:00] {dino} durango
[12:00] {RonS} ...nice
[12:01] {Threei} latest model is beyond stunning
[12:01] {Threei} and oh those numerous toys
[12:01] {shorty} I like trucks. Would like to get the new F350
[12:02] {nemo} oy vay
[12:02] {dino} thats a big truck
[12:02] {nemo} turbo diesel dueley
[12:03] {shorty} Not the dual, but yes the diesel
[12:03] {strider} Kawasaki
[12:03] {dino} ron, you were right on hot
[12:03] {nemo} well, as long as you can afford the fuel after Obama and this congress get's done with the climate change legislation
[12:04] {fernp} BMW x5
[12:04] {shorty} If you can't afford the fuel, you can't affor the vehicle.
[12:04] {fernp} here
[12:04] {magoo} i have to pick up kids, see u all tomorrow early
[12:05] {fernp} bye magoo
[12:05] {shorty} Bye Magoo
[12:05] {Threei} take care mags
[12:05] {nemo} Magus
[12:06] {Les} wow mags has kids
[12:06] {Les} makes him more human
[12:06] {fernp} lol
[12:06] {nemo} you haven't seen his kids
[12:07] {nemo} hey vad...edit that will ya'
[12:07] {larisa} you have to pay for that :)
[12:07] {Threei} lol
[12:07] {nemo} It's not that big a deal
[12:08] {Les} wow, didn't see RIMM take off
[12:10] {RonS} dino, optionmonster.com is a public site. Najarian brothers are tied to a direct feed that tracks up to 200k/sec of options activity. Most significantly they discern if that activity is at the bid/ask or midpoint. Consequently they can tell if the trade is bullish or bearish. Noone else can do this that I know.
[12:11] {larisa} reading article on Forex, on the side pops up lady in red dress with "find the russian lady" sigh :) I thought it is in the past already..
[12:11] {Threei} you haven't see my spam box larisa
[12:11] {larisa} I do not want to :)
[12:12] {Threei} russian ladies outnumber any other ethnicity by facot 10
[12:12] {dino} ty ron
[12:13] {RonS} "that's not a lady, that's my wife"
[12:13] {nemo} reminds me of a stupid line from a J Geils song...
[12:13] {nemo} Haven't thought of it in thirty years
[12:13] {dino} dwa just can't get thru .50
[12:14] {RonS} ...first I look at the purse
[12:14] {dino} i was thinking peter sellers. does your dog bite...
[12:14] {nemo} it's a precious steinway
[12:16] {RonS} dino, another point...optionmonster.com has delayed rporting most of the time vis their paid srvices. For some reason HOT report was timely, therfor unusual...
[12:16] {dino} looking at it
[12:17] {RonS} ...you have to register but they only solicit you about once a month. I enjoy their morning outlook...
[12:17] {dino} ty
[12:19] {Threei} Ron, our scanner has alerts for options volume 10 vs normal, for 5 to 1 and 10 to 1 put/call or call/put ratio
[12:21] {dino} wow vprt dropped about 80 cents
[12:23] {strider} See you guys and gals tomorrow. Gotta run.
[12:23] {dino} cya
[12:23] {fernp} bye st
[12:23] {shorty} Bye Strider
[12:23] {strider} :)
[12:23] {Threei} tak care strider
[12:23] {strider} thankee.
[12:25] {larisa} bye strider
[12:25] {Les} ciao st
[12:25] {Threei} National Sales Tax Still Unpopular
[12:25] {Threei} is it ever?
[12:26] {Threei} 36% Haven't Filed Their Income Taxes Yet
[12:26] {Threei} they don't pay any?
[12:27] {RonS} ...much of that info, while good, is tough to act on since you do not know if the trades are being bought at the ask or sold at the bid. That is critical info to discern the directional bet being played. Also many times the activity reads are straddle and strangles which are directionally worthless. Not being critical of any info per se,
[12:27] {RonS} ...but what these guys do is unique.
[12:28] {dino} pwrd l .99
[12:28] {Threei} well, my assumption is:
[12:29] {Threei} when strategy in the scanner is named "10 to 1 put/call ratio and heading lower", you pretty much know the direction
[12:29] {Threei} the rest is watching the stock and finding your play
[12:31] {Threei} ACAS
[12:31] {Threei} nears 5 resistance on daily
[12:32] {Threei} scalp type I candidate
[12:33] {nemo} yeah if this breaks 5
[12:39] {dino} pwrd stopped
[12:39] {nemo} http://www.boston.com/news/weather/gallery/070209_ark/
[12:41] {jfjf64} vad had chance to look at your photos think ya in wrong buizz they were very nice
[12:41] {Threei} ty
[12:41] {Les} ACAS .04 beggars can't be choosers ty vad
[12:41] {Threei} lol Les
[12:42] {jfjf64} no joke impreesive
[12:42] {Les} 5k
[12:42] {Threei} that's how it's done
[12:42] {shorty} It's all in the camera jfj64
[12:42] {jfjf64} rimm liken .86
[12:43] {Les} nice rinse out dino pwrd. I was stopped as well.
[12:43] {RonS} ...nemo: Such is the human race, often it seems a pity that Noah... didn't miss the boat.
[12:43] {RonS} Mark Twain
[12:44] {nemo} :)
[12:44] {Les} well if they're in their right frame of mind, they won't let Nemo on the next one...
[12:44] {nemo} I'm a demon in physical form, it's irrelevant
[12:44] {dino} bummer les
[12:45] {Les} was a nice chart that tempted me long dino
[12:45] {dino} probably do it now w/o us
[12:45] {nemo} Re: Mark Twain: his time capsule will be opened on April 21st. He said before his death, opening the capsule would reveal a literary coup
[12:45] {nemo} My bet, he reveals he is the author of Alice in Wonderland
[12:45] {Threei} IRE...
[12:46] {nemo} wow
[12:47] {Les} this has gotta be the top. so much crap is flying....
[12:47] {Les} fingers crossed
[12:47] {RonS} blimey or blarney
[12:48] {Threei} it may continue for a while Les
[12:48] {Threei} when they start hitting hjard stocks 1 day from being delisted, you know they scrapped the bottom of the barrel
[12:48] {jfjf64} any takers with me rimm.86
[12:48] {Threei} ACAS btw, is one of those, lol
[12:49] {Les} just gimme the setup, crap or otherwise. mind you, reversal and new trend makes trading easier
[12:49] {RonS} LONDON (MarketWatch) -- Ireland'sNational Asset Management Agency said it will accept 16 billion euros of risky loans from Irish lenders at an average discount of 47%, including taking on 3.29 billion euros from Allied Irish Banks (AIB:$3.8000,$0.2200,6.15%) at a 43% haircut and 1.93 billion euros from the Bank of Ireland at a 35% discount.
[12:51] {RonS} aib pulling back
[12:52] {Threei} (US) Former Fed Chairman Volcker: Optimistic that the financial reform legislation will receive both House and Senate support (related XLF )
[12:58] {dino} pwrd
[12:59] {dino} sm l ctrp .26
[13:01] {Threei} ACAS hit 1:1 nicely before retreatingh
[13:02] {shorty} At what price did you buy ACAS Threei?
[13:02] {Threei} 5
[13:02] {Threei} 5.05 out
[13:02] {Threei} big shares
[13:02] {Threei} scalp type I, aka "ese bread and butter play"
[13:03] {shorty} I see
[13:03] {shorty} I need "ese account" to do that.
[13:03] {Threei} anyone see anything on CRUS?
[13:03] {Threei} you need decent margin
[13:04] {RonS} crus...no
[13:04] {Threei} with 1:10, even 5K account enable you to paly 5-&K on this kind
[13:04] {shorty} 4 to 1 for me.
[13:06] {dino} reload pwrd .00
[13:06] {Threei} Toshiba Corporation Planning to end foreign production of LCD panels
[13:06] {Threei} meanong, move back to japan, from Malasia etc?
[13:08] {Threei} yup
[13:08] {Threei} selling Singapore plant to AU Optronics
[13:08] {Threei} Honda Motor Co. Ltd To Consolidate Parts Procurement In Emerging Nations - Nikkei
[13:08] {Threei} - Plans to shift automobile parts procurement to emerging markets, moving away from suppliers in developed nations and consolidating purchases to cut costs by roughly 10%.
[13:09] {Threei} could CAAS be the beneficiary?
[13:09] {Threei} [CAAS] China Automotive Systems, inc.
[13:10] {ese} hey all....not doin much today....been distracted ...too shows to do this week with my high sch band......
[13:12] {shorty} High school band?
[13:13] {dino} ese is a freshman
[13:13] {shorty} Where is my paddle?
[13:14] {ese} Here it is shorty......click on the link http://www.sd61.bc.ca/vichigh/band/
[13:14] {Threei} my fault shorty... I told him a few months ago girls liked guys playing in the band
[13:14] {Threei} so he went and started one
[13:15] {Threei} but whaever keeps him off the streets
[13:15] {shorty} lol
[13:15] {ese} vad's the coach.....what can i say
[13:16] {shorty} I play classical guitar ese.
[13:16] {ese} Link to my professional band The Midnights http://www.themidnights.com/
[13:17] {ese} neat! I was with 4 symphony orchestras here in Canada....Regina, Winnipeg Calgary one show and Victoria 11 years
[13:18] {shorty} wow. that is impresive ese.
[13:18] {ese} I'm the drummer in the Midnights
[13:18] {ese} keeps me off the streets
[13:19] {nemo} yeah...leaves more opportunity for Vad
[13:19] {shorty} I want to put my daughter in drums, jazz. She is only 4 though.
[13:19] {nemo} she should fit then
[13:19] {shorty} lol
[13:19] {nemo} :)
[13:19] {nemo} rimm shot ese
[13:20] {ese} ba dap bap!!!!!!!
[13:21] {nemo} ese dcc
[13:22] {shorty} ese, I use to work at a recording studio. I miss it. I had to quit because my wife makes good money, so I am a stay @ home dad
[13:24] {nemo} fas at 96 again
[13:34] {ese} I used to do that as well shorty late 70's early 80's....that dried up really quick for drummers when the Yamaha DX7 deyboard came out
[13:35] {Threei} so ese went to trade... and what do you know, never looked back
[13:35] {shorty} I remember that, but I was young then....hehe
[13:36] {shorty} I remember talking to a producer once and he said the best drummers are the one you don't hear, if you can understand that.
[13:37] {Threei} hey, I am the best then
[13:37] {shorty} Kepp teling yourself that Threei.
[13:37] {Threei} not only you can't hear me drumming - I am not even a drummer! Beat that!
[13:37] {ese} depends on the gig.......last time vad came out to see me he could really hear me......blues festival
[13:38] {Threei} jokes aside, it was awesome ese
[13:38] {ese} L ABIO .79
[13:38] {Threei} gave a good exrcise to my camera, too
[13:39] {shorty} I played for free back in the day. I went to as many open jam nights as I could.
[13:39] {ese} remember those pictures you took well i'm going to be contacting you in a week or so to possiblly use them on a promo package
[13:39] {Threei} I'll be honored
[13:40] {RonS} best drummer i have seen: http://en.wikipedia.org/wiki/Billy_cobham
[13:41] {Threei} we seriusly need some hot news mover
[13:41] {Threei} 2 bucks, going to 6
[13:41] {Threei} 5K play
[13:41] {nemo} oh yeah...cobham
[13:41] {Les} ms 29 b/d?
[13:42] {Threei} 51/49
[13:43] {Les} i like those odds. s .98 half shares
[13:45] {ese} he's one of my fav's as well Ron........although these days i'm a Vinnie Coliuta fan....he's been with everyone but lately with Jeff Beck
[13:48] {ese} 15min chart looks real good for abio assuming the market stops buggaring around and does something......like go up
[13:49] {RonS} ese, i will check him out. all should check out this guy:
[13:50] {RonS} http://www.eldarjazz.com/
[13:50] {nemo} I thought the eldar were elves?
[13:50] {shorty} lol
[13:51] {Threei} CRUS continues climbin
[13:51] {Threei} thought of .40 break but it was so darn slow
[13:51] {dino} rdc
[13:51] {shorty} out of ZION too soon
[13:52] {RonS} ...cut his teeth in Russia on Oscar Peterson. gotta love that. another great canadian
[13:52] {Threei} RDC Movers higher after disclosing considering spinning of land drilling operations (28.06, +0.43, 1.56%)
[13:53] {dino} open to merger
[13:54] {shorty} One of my favorite pieces: http://www.youtube.com/watch?v=oEfFbuT3I6A
[13:55] {shorty} ese and Ron
[13:58] {ese} i'm hopin thats you shorty
[13:59] {shorty} lol...I have been working on that for a couple of years, off and on.
[13:59] {dino} out pwrd .18, =.18
[14:00] {Threei} Market Internals update at 2:00ET
[14:00] {Threei} - NYSE volume 525M shares, about 15% below its three-month average; decliners lead advancers by 1.2:1.
[14:00] {Threei} - NASDAQ volume 1.35B shares, about 1% below its three-month average; decliners lead advancers by 1.1:1.
[14:00] {Threei} - VIX index -0.25% at just over 17.50
[14:00] {dino} +.18
[14:00] {Threei} even NASDAQ volume went under the average
[14:01] {dino} holiday week
[14:02] {ese} Ok...stops in on abio......gotta go all cya tomorrow
[14:03] {Les} ciao
[14:03] {lasertrev} see ya ese
[14:03] {ese} see ya
[14:03] {shorty} Bye ese
[14:03] {shorty} MYGN, a good short from here?
[14:03] {Threei} take care ese
[14:03] {dino} cya es
[14:07] {dino} mygn, holds well imo
[14:07] {fernp} COV nice and tireless uptrend
[14:07] {shorty} I was going to say, that answers my question.
[14:07] {fernp} I scalped 50 break, now seems idiot waht i did
[14:08] {nemo} muy loco
[14:08] {fernp} very
[14:11] {Threei} FUQI Ticks higher on chatter that company could soon file its previously delayed annual report (10-K)
[14:11] {Threei} - reminder: the stock fell 35% when it announced it would delay its 10-K filing (11.16, -0.08, -0.71%)
[14:12] {Les} reminds me of sponge bob
[14:13] {Les} spnge
[14:17] {Threei} ADBE Google plans to build Flash into its Chrome browser - CNET (35.58, -0.16, -0.45%) (related GOOG )
[14:17] {fernp} STX on lows, you think .20 break is valid breakdown, Vad?
[14:18] {Threei} I like it, but for scalp only
[14:18] {Threei} daily gets overstrethced
[14:18] {fernp} stop is 30, no?
[14:19] {Threei} can use .28 if very stingy
[14:19] {fernp} i'll do. ty
[14:23] {Threei} I don't remember such boring and empty day in a good while
[14:23] {jfjf64} thats being kind
[14:24] {nemo} rimm bounce drop or stagnate?
[14:24] {Threei} SOLF
[14:24] {Threei} lame C&H
[14:24] {Threei} .66
[14:24] {Threei} stop under .60 for superstingy superpesky superscalpers
[14:25] {Threei} under .57 for just stingy just pesky just scalpers
[14:25] {fernp} ty for advice
[14:25] {Threei} which of them?
[14:25] {fernp} .60 stop :-)
[14:26] {nemo} he's like the scarecrow hanging on the pole when Dorothy asked directions
[14:26] {Threei} hehe
[14:26] {fernp} 1:1 for me
[14:26] {fernp} ty
[14:27] {Threei} 1:1 for super-everything
[14:27] {Threei} welcome :)
[14:31] {Threei} over 1:1 for just-everything
[14:31] {jfjf64} i didnt see call
[14:31] {Les} ms stopped
[14:31] {Threei} [14:24] {Threei} SOLF
[14:31] {Threei} [14:24] {Threei} lame C&H
[14:31] {Threei} [14:24] {Threei} .66
[14:32] {nemo} go figure
[14:32] {jfjf64} lol
[14:32] {jfjf64} got it
[14:32] {jfjf64} ty
[14:32] {nemo} maybe that's part of the confirmation crap flies at the top
[14:32] {dino} ceph to .73
[14:32] {jfjf64} 5k of those buggers
[14:33] {Threei} I am confused
[14:33] {jfjf64} made this boring NICE NICE
[14:33] {Threei} you didn't see the call but took it?
[14:34] {jfjf64} i see all 3i
[14:34] {dino} 4i, huh
[14:34] {jfjf64} dino how r u
[14:34] {Threei} okay... where is my scotch
[14:34] {dino} fine, ty
[14:35] {dino} tighten ceph
[14:35] {jfjf64} comon 3i you gettin HOT now
[14:36] {jfjf64} no scotch
[14:37] {jfjf64} im thinkin we get the 11k hats out
[14:37] {dino} out ceph .81, +.46
[14:37] {jfjf64} scotch for dino
[14:37] {jfjf64} gj
[14:38] {dino} all dayer
[14:43] {fernp} 1:1 STX
[14:45] {lasertrev} dino dcc
[14:46] {Threei} dino, don't answer him... last time I did, he insisted on sending me two boxes of fine scotch... I've been dead drunk ever since
[14:46] {lasertrev} lol
[14:47] {jfjf64} 10 min later respond ya must be hittin the bottle again 3i
[14:47] {Threei} trev's fault
[14:47] {Threei} I can't say no to 18 years old glenlivet
[14:47] {Les} is she legal at that age?
[14:48] {jfjf64} ahh nice
[14:52] {Les} ppg 66 break?
[14:52] {Threei} a bit too thin
[14:52] {Threei} and narrow
[14:52] {Threei} unpleasant combination
[14:52] {Les} k
[14:56] {RonS} M squeeze starting?
[14:58] {Threei} could be... I have hard time reading such slow movements
[15:04] {dino} china allows short selling and margin trading tomorrow
[15:04] {dino} april 16th, index futures
[15:05] {dino} incease leverage
[15:07] {Threei} mibbit crapped out?
[15:08] {Threei} 5 disconected
[15:08] {Threei} 6
[15:10] {dino} .
[15:11] {dino} out ctrp .46, +.21
[15:19] {RonS} .
[15:20] {fernp} .
[15:20] {Threei} look at this quiet and almost not trading market
[15:20] {fernp} Good evening everybody. See u all tomorrow
[15:20] {Threei} can youimagine it resolving into anything other than explosion to and above 11k?
[15:20] {RonS} cya fern
[15:20] {Threei} take care fern
[15:20] {dino} cya fern
[15:20] {jfjf64} enjoy fern
06[15:21] * Threei dusts off 11K party hat and squints at larisa
[15:22] {Threei} jf
[15:22] {Threei} want a tarde?
[15:22] {Threei} Short Setup: RIN .20 break
[15:22] {Threei} half lot
[15:22] {Threei} RIG
[15:22] {Threei} sorry
[15:22] {Threei} if stays under .30
[15:23] {larisa} not only drunk but squint-eyed ?
[15:23] {dino} vxx l .50\
[15:23] {Threei} yeah... can you imagine how screwed up my life is?
[15:27] {dino} nuva
[15:31] {dino} vxx stopped -.05
[15:38] {dino} vprt l .00
[15:41] {shorty} I think I made enough to buy lunch at IKEA.
[15:42] {dino} trail tight
[15:42] {Threei} interesting choice of luncheon
[15:43] {dino} to .20
[15:43] {dino} .23
[15:43] {nemo} yeah...furniture store
[15:43] {shorty} When I break 25k, that is where I am taking you to lunch Threei
[15:43] {dino} .26
[15:43] {nemo} lucky you Vad
[15:43] {dino} .29
[15:43] {Threei} from where?
[15:43] {Threei} I mean how far to 25K?
[15:43] {dino} slip, ave .25, +.25
[15:44] {shorty} I am at 4k right now, so you are lucky.
[15:44] {Threei} oh good
[15:44] {Threei} I may have my lunch sooner than I get really reallu hungry
[15:44] {Threei} weight loss, here I come
[15:45] {shorty} Monday it's $2.99 15 meatballs with fries.
[15:45] {dino} making me hungry
[15:45] {RonS} swedish meatballs?
[15:46] {dino} as long as not moth balls
[15:46] {RonS} frys w/ mayo?
[15:47] {larisa} yikes
[15:47] {dino} what do you have with one moth ball here and one moth ball .........................here?
[15:47] {KSystems} Kttbullar.
[15:47] {larisa} lol
[15:47] {shorty} swedish meatballs, not the Sedin twins Vad.
[15:47] {dino} pretty big moth
[15:48] {RonS} mothra
[15:50] {RonS} http://www.youtube.com/watch?v=Q_1hSHtCH8M
[15:50] {dino} via
[15:51] {nemo} finally, the moth joke
[15:51] {nemo} was bedeutet Kottbullar
[15:51] {dino} :D
06[15:51] * larisa sprinkling some dust at vad's 11k hat
[15:51] {larisa} what a boredom
06[15:51] * Threei quickly hides the hat behind his back
[15:52] {Threei} I'll need it tomorrow
[15:52] {Threei} or on Thirsday
[15:52] {KSystems} Kttbullar is how they call swedish meatballs here
[15:52] {KSystems} I think the Swedish call it the same, except they strike through their o :D
[15:53] {Threei} and how do they call very large moths?
[15:53] {KSystems} Monstermotten.
[15:53] {Threei} lol
[15:54] {shorty} RonS...lol
[15:54] {RonS} ...that was hilarious...
[15:54] {dino} lol
[15:55] {KSystems} what the...
[15:55] {dino} mygn l .60
[15:55] {shorty} Have a good night everyone.
[15:55] {Threei} take care shorty
[15:55] {KSystems} somehow this reminds me of that: http://www.youtube.com/watch?v=TBi14L7jHLM
[15:56] {Threei} hey, just 8 hours left till next episode of Lost
[15:56] {Threei} I can do it
[15:57] {dino} out .67, +.07
[15:57] {dino} cya shorty
[15:58] {Threei} this Mothra thing is funny
[15:58] {RonS} ks, that guy was sounding like Obama...and then the Ed Wood classic...
[15:59] {KSystems} what guy?
[15:59] {Threei} okay guys
[15:59] {RonS} the intro guy
[15:59] {Threei} very very boring day
[15:59] {KSystems} guys everywhere
[15:59] {KSystems} ahh :)
[15:59] {larisa} bye :)
[15:59] {Threei} have a good evening
[15:59] {Threei} see you tomorrow
[15:59] {KSystems} good night vad
[15:59] {RonS} bye all
