Thursday, April 1, 2010

Apr 01 2010

Boring for the most part but profitable day. Started with WFC and PMI wins, BPOP rinse, ended with whisper.

Session Time: Thu Apr 01 00:00:00 2010

[05:16] {KSystems} Good Morning
[08:14] {Threei} (US) Preview: Initial Jobless Claims due at 08:30ET (12:30 GMT)
[08:14] {Threei} - Expectations for initial claims are 440Ke v prior week at 442K
[08:15] {Threei} - Continuing claims seen at 4.61M8e v prior week at 4.648M
[08:28] {ese} morning if anyones up
[08:30] {Threei} ese :)
[08:30] {Threei} *(US) INITIAL JOBLESS CLAIMS: 439K V 440KE; CONTINUING CLAIMS: 4.662M V 4.618ME
[08:31] {nemo} dude
[08:31] {ese} morning vad
[08:31] {ese} dude
[08:33] {nemo} market "looks" like it wants to scream upoward
[08:33] {nemo} upward
[08:33] {dino} gm all
[08:34] {Threei} dino :)
[08:34] {Threei} yup... 11K is in crosshair again
[08:34] {dino} i see it
[08:37] {Threei} interesting that market pays no atention to RIMM
[08:37] {dino} amag, rimm, xrtx
[08:37] {dino} holiday push up, seems to be the case
[08:38] {Threei} yeah, ideal trap:
[08:38] {Threei} tomorrow's job numbers are going to be fake but good,
[08:38] {Threei} no market
[08:39] {nemo} Monday will be fade the gap day
[08:39] {Threei} so gap on Monday will get someone with their pants down
[08:40] {dino} who's swimming naked
[08:40] {Raven} {}
[08:45] {ese} skil going nuts
[08:46] {Threei} Yesterday 21:01 SKIL Reaches agreement on raised $11.25/shr cash offer from SSI Investments III Limited (prior offer was $10.80)
[08:46] {Threei}
[08:46] {Threei} not a play
[08:57] {dino} rino
[08:58] {Threei} sw ARQL at 5.60 yeatsreday after hours
[08:58] {Threei} was very tempted...
[08:58] {Threei} should have yielded the temptation
[08:59] {Les} morning
[08:59] {Threei} les :)
[09:02] {Les} what's on the menu today?
[09:02] {Threei} roasted bear meat
[09:03] {Les} huh, the market says up does it
[09:03] {Les} noticed TM daily testing support
[09:04] {Threei} it's already trading above yesterday's high
[09:04] {Les} could be coming down again
[09:04] {Les} TM?
[09:04] {Threei} market
[09:04] {Les} ah sure
[09:06] {Les} TM falls below 200 on daily. will be watching it today
[09:06] {Les} arql
[09:06] {Les} wrong screen
[09:11] {Les} do you play IPO's as part of your strategy vad? SSNC
[09:11] {ese} arql is still headed n in my opinion.......ala abio.....will take it a few days to recover
[09:12] {Threei} strategy is about setups
[09:12] {Les} cool
[09:12] {larisa} gm :)
[09:12] {Threei} IPO is simply a stock with no history, so setups are harder to come by and less reliable
[09:12] {Threei} larisa :)
[09:13] {larisa} :)
[09:20] {lasertrev} gm
[09:20] {Threei} trev :)
[09:24] {shorty} Good morning, April fools day!
[09:24] {gen} gm all
[09:24] {Threei} shorty, gen :)
[09:24] {gen} :)
[09:24] {strider} morning folks.
[09:25] {gen} :)
[09:25] {Threei} strider :)
[09:25] {Threei} SNIC Update: Canaccord Adams initiates with Speculative Buy rating, price target $12 (9.37, 0.00, 0.00%)
[09:26] {Threei} ZION Morgan Keegan analyst: zero chance ZION gets taken out in next 12 months - CNBC interview
[09:26] {Threei} LVS went negative
[09:29] {Threei} let's keep an eye on FITB
[09:29] {Threei} trades near ysterday's high
[09:30] {Threei} March US Vehicle Sales numbers expected throughout the day from major auto makers
[09:30] {Threei} **consensus estimates y/y (adjusted):
[09:30] {Threei} - Ford (Noon ET): +39%e
[09:30] {Threei} - GM (13:45ET): +25%e
[09:30] {Threei} - Chrysler: -4%e (on 3/24 Chrysler said Mar sales would be -10% y/y)
[09:30] {Threei} - Toyota: +35%e (on 3/30 Toyota said Mar US sales would be up 35%)
[09:30] {Threei} - Honda: +17%e
[09:30] {Threei} - Nissan: +43%e (on 3/31 Nissan said Mar US sales would be +35%)
[09:30] {Threei} **Industry sales pace is expected to be around 12M, which would the best month since Sept 2008.
[09:30] {dino} out ctrp leftovers, +1.18
[09:31] {jfjf64} mornin boys and girls
[09:31] {gen} :)
[09:31] {Threei} jf :)
[09:32] {RonS} dino rino
[09:32] {Les} lol a buck against my .12 in LVS which I was so proud of. nice one dino
[09:32] {dino} on it
[09:33] {dino} lucky les, but thx
[09:34] {dino} dwa
[09:35] {dino} mos
[09:35] {Threei} sheesh LVS
[09:36] {dino} gap fill
[09:36] {shorty} missed a good short on that one
[09:36] {Threei} .30 short that I decided to postpone for a few min looks darn good now
[09:36] {shorty} Me too.
[09:36] {nemo} well, if we don't hit 11k today, we'll definitely get it Monday
[09:37] {Threei} 60 points
[09:37] {Threei} it's nothing
[09:37] {nemo} but it would be 140 points today
[09:37] {dino} definitely, now you sound like magoo
[09:38] {nemo} how so?
[09:38] {Threei} Long Setup: WFC.60 break
[09:38] {dino} by saying definitely. he always has those types of statements
[09:38] {Threei} if stays above .50
[09:39] {Threei} let's switch to .45 - .50
[09:40] {dino} ceph sm l .00
[09:40] {dino} wfc lots of trouble around .60
[09:40] {dino} lately
[09:40] {Threei} .40 - .45 now
[09:41] {Threei} 1:1 for scalpers
[09:41] {shorty} PMI goinat it again
[09:41] {nemo} oh well
[09:41] {Threei} 1:2, half out
[09:42] {Threei} stop to .44
[09:43] {RonS} ucbi 6.8 mil sh short, 16% float...$5 break could catch momo
[09:44] {dino} mos lod\
[09:44] {Threei} Long Setup: BPOP .95 if stays above .90
[09:44] {Threei} ese, your type of trade maybe
[09:44] {nemo} .95 or break of?
[09:45] {Threei} try to grab last shares at .95
[09:45] {dino} big sells
[09:45] {RonS} wow, bpop offer size at .95
[09:46] {Threei} that's the point
06[09:46] * nemo slaps RonS around a bit with a large copy of the last 3 minutes of the blog
[09:47] {RonS} get...just sayin...
[09:47] {RonS} get it
[09:49] {dino} vprt sm l .45 thin
[09:51] {ese} tks
[09:52] {dino} gap up and sit
[09:52] {ese} hmmmm that 2 mill offer is daunting for sure
[09:52] {Threei} AUY Reaffirms FY10 guidance
[09:53] {ese} sorry 2 hundred thousand
[09:53] {Threei} you can take it out singlehandedly
[09:53] {dino} thats me es
[09:53] {Threei} and earn eternal dino's gratitude
[09:53] {Threei} (US) Preview: March ISM Manufacturing due out at 10:00ET
[09:53] {Threei} **consensus expectations: ISM Manufacturing: 57.0e v 56.5 prior
[09:54] {Threei} (US) Preview: Feb Construction Spending due out at 10:00ET
[09:54] {Threei} **consensus expectations: -1.0%e v -0.6% prior
[09:54] {ese} lol
[09:54] {dino} :)
[09:54] {gen} KLAC
[09:54] {shorty} ZION set for a steady uptrend?
[09:54] {Threei} .15 is a long trigger on ZION
[09:55] {shorty} Thank you.
[09:55] {Threei} if holding above 22 of course
[09:57] {Threei} how about that
[09:58] {dino} tear down that wall vprt
[09:58] {shorty} long ZION
[09:58] {shorty} 22.15
[10:00] {Threei} *(US) MAR ISM MANUFACTURING INDEX: 59.6 V 57.0E;
[10:00] {Threei} *(US) FEB CONSTRUCTION SPENDING (M/M): -1.3% V -1.0%E
[10:01] {dino} ceph stopped -.27
[10:01] {Threei} Long Setup: PMI .75 break
[10:02] {Threei} if stays above .70
[10:03] {ese} in
[10:05] {Threei} 1:1
[10:05] {Les} ty
[10:06] {shorty} ty
[10:06] {ese} out
[10:06] {ese} +.05 tks vad
[10:06] {Threei} 20K little buggers?
[10:06] {ese} 5k
[10:07] {Threei} you ate a modesty pill this morning?
[10:08] {Threei} oh, I get it
[10:08] {dino} vprt to .88
[10:08] {ese} still not that confident after coming back from Italy
[10:08] {Threei} you devoted too much buying power to taking out that dino's offer on BPOP
[10:08] {dino} out vprt +.43
[10:08] {Threei} nice
[10:08] {ese} to be honest am keeping my eye on abio.......wannna go huge there
[10:09] {Threei} what do you see as trigger? .65?
[10:09] {Threei} or .50?
[10:10] {shorty} out zion for a big loss, for me that is
[10:10] {ese} not looking for some kind of uptrend signal
[10:11] {ese} moving avgs up....higher lows that sort of thing
[10:11] {Threei} shorty... don't you know the size of the loss you are willing to take BEFORE taking the trade??
[10:11] {dino} kmx
[10:11] {shorty} Yes
[10:11] {shorty} I was expecting it.
[10:11] {Threei} loss is planned in advance
[10:12] {Threei} and counted on
[10:12] {Threei} if you consider it a big loss for you, why do you take the trade with this stop and this position size?
[10:12] {dino} shorty, profits=luck; losses =skill
[10:12] {Threei} risk is your FIRST consideration for the trade
[10:12] {Threei} profit is second
[10:15] {shorty} It's a big loss considering how many cents, but in terms of money, it's peanuts because of the amount of shares that I played. Practicing, making mistakes that won't criple my account, I geuss.
[10:15] {Threei} well, you did take a loss before stop was hit
[10:16] {Threei} means to me, it exceeded your pain limit
[10:16] {shorty} My stop was 22, and I pulled the trigger as soon as I saw 22
[10:16] {Les} stopped bpop
[10:16] {shorty} That is it, I had no idea what my pain limit is, in a way.
[10:16] {Threei} yeah, someone's effort to take out that offer went to waste on BPOP
[10:17] {dino} use $ figure and divide by shares. thin stock smaller shares and wider stop
[10:18] {dino} fwiw shorty, my typical sm is 300, w/.33 stop
[10:19] {dino} xrtx l .50
[10:20] {shorty} Thanks dino. .33 is more then double then I would expect. .10 is where I usually would stop, but I picked 22 so -.15.
[10:20] {Threei} shorty... this is so very wrong
[10:21] {Threei} whole approach
[10:21] {Threei} you don't place stop depending on how much you are willing to lose
[10:21] {Threei} you place stop where chart tells you to
[10:21] {shorty} That is good to hear, in a weird way Threei. It's encouraging words.
[10:21] {Threei} and regulate monetary risk by position size
[10:22] {Threei} please do two things
[10:22] {shorty} Can you help me with ZION? How would you hae played, assuming you would have.
[10:22] {shorty} have
[10:23] {Threei} 1. read
[10:23] {Threei} 2. go to paper trading at this point, and stay with it until you've gone through MPP, built your trading approach from ground up,
[10:24] {Threei} and watched videos couple times
[10:24] {shorty} You got it Threei.
[10:24] {Threei} on ZION, I would have figured out stop size (16-17 cents,
[10:24] {Threei} defined my max loss,
[10:25] {shorty} Thanks, and I got the video last night.
[10:25] {Threei} determined position size coming from that,
[10:25] {Threei} bought .15,
[10:25] {Threei} placed stop under 22
[10:25] {Threei} but there is more to all this
[10:26] {dino} xrtx stopped -.11
[10:26] {Threei} one particular example does not allow to describe all the variables
[10:26] {dino} mos lod
[10:30] {shorty} CENX going up
[10:30] {Threei} UNG
[10:31] {nemo} too funny
[10:31] {Threei} ?
[10:31] {Les} got me .05 for 5k bit of compensation for bpop loss
[10:32] {nemo} record inventories and the increase is a tad less than expected
[10:32] {Les} crap did I sell out too early or what
[10:36] {Threei} GENT
[10:36] {Threei} is it one of those that go with no stop?
[10:36] {dino} mos sm l .60, stop .29
[10:37] {Threei} March 31, 2010 7:57:10 PM
[10:37] {Threei} Gentium Spa ADR Reports Q4 Net loss 50K v loss 3.5M y/y, Rev 4.1M v 1M y/y
[10:37] {Threei} - Cash and cash equivalents 1.39M as of Dec 31, 2009
[10:41] {dino} mos stopped
[10:46] {dino} xrtx last try l .52
[10:47] {ese} L athr .05
[10:47] {ese} i'd thought about xrtx also dino
[10:48] {dino} can't get thru .60
[10:48] {ese} ya
[10:49] {ese} mrkt not giving it any help
[10:49] {ese} got a hunch i'm gonna be bitin it on athr also
[10:49] {dino} w/that report shouldn't matter
[10:49] {dino} but it does
[10:50] {ese} true
[10:50] {Les} UNG looking for a b/o vad, you see anything there?
[10:51] {Threei} not really
[10:51] {dino} out .70, +.18
[10:51] {Threei} relief rally after long hard dump is just as likely as sellers using this as a chance to pound it once again
[10:51] {dino} "after long hard dump" sheesh, tmi
[10:52] {dino} rino lod
[10:56] {ese} out athr even
[10:57] {dino} layn
[10:58] {Les} is there half day market tomorrow? or none?
[10:59] {Threei} none
[11:00] {gen} im done
[11:00] {gen} was a good day
[11:00] {gen} :)
[11:00] {Les} good stuff
[11:00] {gen} cy all
[11:00] {Les} bon weekend
[11:00] {shorty} good weekend gen
[11:01] {gen} tnx all
[11:01] {gen} you too
[11:01] {Threei} take care gen, have a good weekend
[11:02] {dino} ugh xrtx
[11:02] {dino} cya gen
[11:04] {jfjf64} enjoy g
[11:04] {Threei} lordy
[11:04] {Threei} with your reaction time guys, I truly hope you are not the ones I can count on if I call emergency
[11:05] {nemo} mos hold here dino?
[11:05] {Les} hey you're boss man in front of screen...
[11:05] {dino} darn dial=up 3i
[11:06] {dino} mos, yeah, think so
[11:11] {dino} mos dk w/mkt dropping
[11:14] {Threei} EFOI Awarded $2.1M in contracts
[11:14] {Threei} - turnkey lighting retrofit division Stones River Companies, LLC ("SRC") was recently awarded three additional lighting energy services contracts totaling $2.1 million, coming to a total of $16.5 million contracts awarded to Energy Focus' new business unit.
[11:14] {Threei} - Note: Co reports approx $4M in revenues per quarter
[11:15] {dino} i might be crazy, but gut says mkt wants to fill open gaps
[11:16] {nemo} "might be"....
[11:17] {nemo} mos dino
[11:17] {dino} lol, seems so
[11:17] {dino} missed it
[11:17] {nemo} I was staring it in the face "cross of .85...nahhhh"
[11:18] {dino} pwrd blood
[11:18] {dino} xrtx drop
[11:20] {RonS} kmx salmon?
[11:20] {dino} good report
[11:20] {Threei} not really Ron
[11:20] {Threei} some creature unknown to science
[11:21] {Threei} Palm, Inc Verizon wireless promoting Pre Plus at $49.99, Pixi Plus at $29.99 with two year agreements - Boy genius report
[11:21] {Threei} - Verizon lowers price of Pre mobile hotspot service to free from $40
[11:21] {Threei} race to the bottom?
[11:22] {RonS} ad model?
[11:22] {Threei} this is going to cost you about 1K per vehicle:
[11:22] {Threei} US) EPA and DoT confirm national emission standards for new cars and trucks
[11:22] {Threei} - Sets average fuel efficiency standard of 35.5 mpg starting with 2012 new vehicles
[11:23] {dino} pwrd sm l .26
[11:33] {dino} mos
[11:35] {RonS} rino spread dino
[11:36] {dino} see it
[11:36] {dino} not sutre drop is done
[11:36] {dino} sure
[11:37] {RonS} i want rino l 21.90
[11:37] {dino} it's a pulp stock
[11:37] {RonS} ?
[11:37] {dino} seinfeld; george "pulp moves baby"
[11:37] {Threei} hehe
[11:38] {Threei} how disturbing is this, that I understand these references at once
[11:38] {dino} been here a long time
[11:39] {Threei} in this room you mean? yeah, I am practically an old-timer
[11:40] {dino} indeed
[11:42] {jfjf64} x .90
[11:44] {Threei} big gap up, then staying in narrow range... what does it tell us about next market move?
[11:45] {nemo} well, could be consolidation for next up( previous move before consolidation indicates subsequent move), it could also stay this way because of jobs report tomorrow
[11:46] {Les} that its good times for all and we're all going to be rich?
[11:46] {RonS} up, probably
06[11:46] * nemo slaps Les around a bit with a large lead pipe
[11:46] {Threei} yeah, my bet would be up on Monday, most likely by gapping again
[11:46] {nemo} if not today...Monday 11k
[11:47] {dino} rino sm l .20
[11:47] {Threei} that's my contention
[11:47] {Les} gotta find food to cover holiday. later.
[11:47] {Threei} this quiet is very telling
[11:47] {dino} cya les
[11:47] {shorty} good weekend Les
[11:47] {nemo} the roaring silence
[11:47] {dino} i'll take opposite on monday
[11:48] {Threei} using words of Ursula K LeGuin,
[11:48] {Threei} Only in silence, the word; only in dark, the light; only in dying, life: bright the hawk's flight on the empty sky
[11:48] {RonS} bye les
[11:48] {nemo} she did her own translation of the Tao Te Ching
[11:48] {Threei} really?
[11:48] {nemo} yes
[11:48] {dino} in the words of dino; "woof"
[11:49] {Threei} ok... I can see where it's oming from then
[11:49] {nemo} A friend of mine also used one of her novels in the Government class he taught at a local university
[11:50] {Threei} UNG resolved up
[11:50] {nemo}
[11:50] {RonS} sounds like carlos castaneda after some peyote
[11:50] {Threei} lol, yes
[11:50] {nemo}
[11:50] {Threei} The conditions of a solitary bird are five: The first, that it flies to the highest point; the second, that it does not suffer for company, not even of its own kind; the third, that it aims its beak to the skies; the fourth, that it does not have a definite color; the fith, that it sings very softly
[11:51] {RonS} jesus, aldous huxley was so much better
[12:02] {Threei} IMMR...
[12:02] {Threei} in retrospect, .40 break was worth it... didn't trust it at the time
[12:05] {Threei} even Porsche ... Reports March US sales +9% y/y
[12:06] {Threei} F Reports March US Vehicle sales +42.7%(unadjusted), 35% (adj total sales) v 39%e (adjusted); to 178.5K units
[12:07] {dino} ctrp drop
[12:11] {dino} sm l vprt .25
[12:12] {dino} pwrd to .73
[12:13] {dino} to .81
[12:14] {dino} to .86
[12:14] {strider} :)
[12:14] {dino} you in
[12:15] {strider} got out way early.
[12:15] {dino} make $
[12:15] {strider} a few
[12:15] {dino} ?
[12:15] {dino} gj
[12:15] {strider} only +.21
[12:16] {strider} need to work on my abs.
[12:16] {dino} jumpy one
[12:17] {dino} at .88
[12:22] {dino} out pwrd .89, +.63
[12:22] {shorty} nice
[12:22] {dino} ty
[12:23] {dino} rino and vprt riding that white horse
[12:24] {dino} as in death
[12:29] {dino} vprt stop is .98
[12:30] {Threei} wow
[12:30] {Threei} Chrysler reports US vehicle sales +10% m/m
[12:31] {Threei} if Chrysler increases sales, crisi is officially over
[12:31] {shorty} crisi?
[12:31] {Threei} -8% y/y
[12:33] {shorty} crisis..sorry
[12:34] {shorty} Might get a mini van next year, depends if we have another child. Probably would by a dodge.
[12:34] {dino} tstc strange, beats
[12:36] {shorty} by=buy
[12:39] {dino} the mini van is cheaper than another kid, :)
[12:39] {shorty} lol
[12:40] {Threei} lol
[12:40] {Threei} rofl
[12:40] {shorty} Threei, should stick to my game plan. Stupid thing I did on ZION. I usually play 5-10 cent scalps with a 5-6 cent loss.
[12:41] {Threei} there is nothing wrong with a play as long as it's a valid setup...
[12:41] {Threei} if risk is bigger than what you accept, decrease siz
[12:41] {Threei} if it's impossible, skip a play
[12:41] {shorty} or don't play it.
[12:42] {Threei} right
[12:43] {shorty} I feel like a child. "Don't do it! I said Don't do it!... I told you not to do it, see what happened."
[12:44] {Threei} what's with prolonged self-flagellation about one single play... :)
[12:45] {shorty} Part of growing up Threei.
[12:45] {shorty} As a trader that is.
[12:45] {Threei} make it a constructive process
[12:45] {dino} vprt stopped
[12:46] {Threei} every erroneous trade is a contribution into education
[12:46] {shorty} I have yet to grow up as an adult.
[12:46] {Threei} take a lesson out of it to weed out this mistake, and that trade paid for itself
[12:46] {Threei} by removing this kind of errors from your future tradingf
[12:46] {dino} cagc lod
[12:49] {shorty} Thanks Threei.
[12:50] {dino} good trading is not about being right, it's about trading right.
[12:50] {dino} now somebody push rino up
[12:51] {dino} xrtx pulling back
[12:52] {dino} 3i, thoughts on tstc
[12:52] {shorty} I hear you dino.
[12:53] {Threei} still feels down to me
[12:53] {dino} livermoore said it best shorty, "a loss never bothers me after i take it"
[12:53] {dino} tstc .33 area is tell, imo]
[12:54] {ese} .
[12:54] {dino} ..
[12:54] {ese} ...-...
[12:54] {ese} sos
[12:54] {larisa} oh no, you pushing dino to tell his moth joke again :)
[12:55] {dino} lol
[12:55] {jfjf64} until monday my trading family ENJOY
[12:55] {dino} sos made me think riana
[12:55] {nemo} cya jf
[12:55] {larisa} bye jf :)
[12:55] {RonS} bye jf
[12:55] {dino} cya jf
[12:55] {ese} is that the code for sos?
[12:55] {ese} later jf
[12:56] {larisa} this is :)
[12:56] {dino} riana sings sos song i think
[12:56] {ese} lol
[12:57] {RonS} The Police
[12:57] {Threei} take care jf
[12:58] {larisa} vad, you are not on my emergency list either
[12:58] {Threei} lol
[12:58] {dino} why not?
[12:58] {dino} he's on mine
[12:58] {dino} lol
[12:59] {larisa} takes him too long to respond :)
[12:59] {Threei} I just practiced typing with my knees larisa
[12:59] {Threei} boredom does it to you
[13:00] {nemo} I gotta' go c u on Monday after the gap up :)
[13:00] {shorty} Good weekend
[13:00] {dino} take care nemo
[13:00] {shorty} jf and nemo
[13:00] {Threei} take care nemo
[13:01] {larisa} bye nemo
[13:01] {RonS} bye nemo
[13:01] {larisa} FCX is so pathetically strong
[13:08] {dino} rino to b/e
[13:19] {Threei} NSANY Reports March US vehicles sales +43% (unadjusted),
[13:19] {Threei} wow... didn't think I made such difference
[13:24] {shorty} Have a great weekend everyone. See you Monday.
[13:24] {dino} csc
[13:24] {dino} cya shorty
[13:24] {Threei} take care shorty
[13:32] {Threei} BEXP Announces Two High Initial Rate Bakken Completions and Provides Operational Update
[13:33] {dino} husa
[13:45] {dino} rino stopped +.08
[13:45] {ese} L dabbling abio.39
[13:47] {dino} ndx gap fill
[13:47] {Threei} no news
[13:47] {Threei} IMO, just luring shorts in
[13:48] {larisa} sigh
[13:48] {Threei} 11K larisa, make your peace with it...
[13:48] {larisa} men are so stubborn.. not in good way
[13:48] {Threei} that hat is not even in drawer... it's right on the desk
[13:50] {larisa} I will send dino's moth, so it can eat your hat.
[13:50] {Threei} what's with EXEL?
[13:51] {dino} lol
[13:54] {larisa} :)
[13:58] {dino} l cagc .20
[14:00] {dino} tstc lod
[14:01] {KSystems} Good bye, have a relaxing long weekend y'all
[14:01] {dino} cya ks\
[14:01] {KSystems} bye dino!
[14:01] {larisa} bye KS :)
[14:01] {KSystems} larisa ;)
[14:02] {Threei} take care ks
[14:05] {Threei} late again...
[14:05] {ese} are the mrkts open tomorow?
[14:06] {Threei} no
[14:06] {Threei} loooooong weekend
[14:06] {ese} tks
[14:06] {ese} open tuesday
[14:06] {Threei} (EU) Committee of European Securities Regulators (CESR) to investigate high frequency trading in Europe - UK Telegraph
[14:06] {Threei} - CESR plans to look in to several "technology driven" developments as part of the EU's revision of trading rules known as markets in financial instruments directive (MiFID). This week a report by Aite, a consultancy, suggested that high-frequency trading could account for almost half of Europe's equities trading volumes by 2012.
[14:06] {Threei} - The committee said its inquiry will cover other technology driven strategies including sponsored access, co-location services, fee structures, trade tick regimes and indications of interest.
[14:07] {Threei} idiots
[14:07] {dino} never ends
[14:08] {Threei} do you have this stomach-churning feeling that they win?
[14:09] {dino} yes
[14:09] {Threei} me too
[14:15] {ese} gone for the weekend all take care
[14:15] {Threei} have a great one ese
[14:17] {dino} cya es
[14:19] {dino} cagc to .34
[14:19] {dino} to .36
[14:19] {dino} big slip ave .32, +.12
[14:20] {dptl} Hi everyone
[14:20] {dino} hi dp
[14:21] {Threei} dp!'
[14:21] {dptl} how's things?
[14:21] {dino} good
[14:21] {dptl} :)
[14:22] {dino} and you?
[14:22] {dptl} good good
[14:26] {Threei} (CH) White House: Obama administration still believes a China move to a more free floating currency will help global imbalances
[14:26] {Threei} - pleased that China Hu's will be attending summit in the US on April 15.
[14:27] {dino} again, never ending
[14:28] {Threei} I miss my 17
[14:28] {dino} rimm lod
[14:28] {Threei} that was when I thought idiots would lose eventually
[14:29] {Threei} what amazes me the most is the self-descructing instincts that take over self-preserving
[14:29] {Threei} and absoluteinability to learn from history
[14:29] {dino} egomaniacs
[14:29] {Threei} what the hell do you, imbeciles, not undertand about USSR collapse?
[14:29] {Threei} why would you, imbeciles, wat to repeat the failed experiemnt?
[14:30] {Les} am enjoying "Black Mass" by John Gray
[14:30] {Threei} how can anyone not see that this is exact same path?
[14:31] {Les} he theorises that this thinking is derived from Christian heritage
[14:32] {Les} marxism and Bush/Obama type liberalism being latest pseudo scientific religions
[14:32] {Threei} Bush liberalism?
[14:32] {Threei} that's something you don't hear every day
[14:35] {Les} ha. his idea of crusade to spread democracy
[14:36] {Threei} that's liberalism?
[14:36] {larisa} lol
[14:36] {Threei} someone is very loose with definitions
[14:36] {Les} well that was in vogue ten years ago
[14:37] {dino} bush would shake in his boots being called liberal
[14:37] {dino} i may be right yet about the gap fills
[14:37] {Les} for futures?
[14:37] {Les} ung
[14:37] {dino} in the a.m. i said gut felt open gaps would fill
[14:38] {Les} k
[14:38] {dino} mos
[14:41] {RonS} Truth stranger than fiction: Newark, New Jersey, Has First Murder-Free Month in 40 Years
[14:49] {dino} mos l .09
[14:51] {Threei} AMZN FTC investigating ties with Google - NY times cites sources (131.56, -4.21, -3.10%) (related GOOG )
[14:52] {Threei} - souces note recent resignation of John Doerr from the Board of Amazon was due to an inquiry from the FTC
[14:57] {RonS} ...appears someone found out about this at 11:17
[14:58] {dino} rino lod
[14:58] {RonS} rino shot and killed
[14:59] {dino} lol
[15:03] {dino} back in 10
[15:19] {Threei} bored? guess who is on TV
[15:20] {Les} alanis morissete?
[15:20] {dino} king midas
[15:21] {Threei} you wish
[15:21] {dino} the campaign never ends
[15:21] {Threei} discussing benefits of health care for small businesses
[15:21] {Threei} what to discuss? they can calculate
[15:22] {Threei} you can't convince them with words one way or another
[15:22] {Threei} it ether works for them or not
[15:25] {Threei} I for one haven't met any single small business owner that couldn't tell good for his business from bad
[15:27] {RonS} “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is ...m
[15:27] {RonS} ...the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
[15:28] {RonS} Joseph Goebbels
[15:29] {RonS} .with that , i am outahere. Thanks all and have a good weekend
[15:29] {Les} ciao
[15:29] {dino} i swear by my life and my love of it that i will never live for the sake of another man, nor ask another man to live for mine. ayn rand
[15:29] {Threei} you too Ron
[15:29] {dino} cya ron
[15:30] {dino} out mos .17, +.08
[15:36] {Les} I always thought "I am the State!" a much simpler dictum...
[15:36] {Les} King Obama 1st.
[15:37] {dino} tstc
[15:37] {Threei} AVNR...
[15:37] {Threei} no news
[15:37] {Threei} just junk with pulp qualities
[15:37] {dino} lol
[15:38] {dino} tstc l .05
[15:45] {dptl} lasertrev ...dcc please
[15:46] {dino} out tstc .20, +.15
[15:49] {Threei} good finish
[15:51] {dptl} have a good weekend all....see you all monday :)
[15:51] {Threei} take care dp
[15:52] {lasertrev} see ya dptl
[15:53] {dino} cya dp
[15:55] {Threei} the day seems like an eternity, I can't remember what we traded in the morning
[15:56] {strider} vad's lost it.
[15:58] {Les} ciao all. bon weekend
[15:59] {Threei} thank you all
[15:59] {Les} trading monday?
[15:59] {Threei} have a good long weekend, see you on Monday
[15:59] {Threei} for 11K
[16:00] {dino} did seem long did about 15 trades
[16:00] {Threei} look at BPOP
[16:00] {dino} best day i've had in weeks
[16:00] {dino} thx all
[16:00] {Threei} darn thing shaken us out, and now went back up and ready tp gap