Wednesday, April 7, 2010

Apr 07 2010

Another day when strong discipline was needed. Early trades brought nice profit, especially LVS long at 9.54 where we got a stock right before sharp rise for about 30 cents gain in a matter of two minutes. Then the day turned into struggle, as it's customary lately. Stop here, scalp there, unless you just shrugged and bought AIG.

Session Time: Wed Apr 07 00:00:00 2010

[03:00] {KSystems} morning!
[08:31] {Threei} US) White House Advisor Larry Summers plans to leave the Obama Administration - The Atlantic
[08:31] {Threei} - The Atlantic piece stated that Summers is going to leave sooner rather than later, possibly before the mid-term elections, and if not then, soon afterward
[08:31] {Threei} won't be a minute too soon
[08:32] {Threei} CRUS Reports prelim Q4 R$62.6M v $57Me ($55-59M prior guidance)
[08:32] {Threei} - Guides Q4 gross margin 56-57%
[08:32] {Threei} MON Reports Q2 $1.70 v $1.73e, R$3.89B v $3.9Be; Guides to low end of prior FY10 guidance
[08:32] {Threei} - Guides FY10 EPS "to the low end" of $3.10-3.30 v $3.28e (guided $3.10-3.30 on 1/6)
[08:43] {Threei} PURE
[08:43] {Threei} Pure Biosciences Momentum continues after receiving US EPA registration for disinfectant/food contact surface sanitizer
[08:43] {Threei} -4/6 before the open the company announced silver dihydrogen citrate (SDC) antimicrobial has received U.S. Environmental Protection Agency (EPA) registration for its SDC-based disinfectant and food contact surface sanitizer. The product will be marketed as IV-7 Ultimate Germ Defense for Food Contact Surfaces (IV-7) by PUREs sales and marketing representative, Richmont Sciences, LLC. An EPA Category IV disinfectant/sanitizer, IV-7 provides an advantageous combination of high efficacy, low toxicity and efficiency by rapidly eliminating dangerous pathogens, yet no rinse is required.
[08:47] {Threei} (GR) EU's Van Rompuy: EU can aid Greece if market financing is unavailable, believes it would be "strange" if the EU did not make use of IMF assistance
[08:47] {Threei} - Notes the EU is monitoring the situation closely
[08:49] {Threei} ***Note that there was some controversy surrounding Greece yesterday, including reports Greece was looking to renegotiate its standby debt financing deal with the Euro Zone. Greece later denied that it was looking to renegotiate the arrangement.
[08:53] {strider} morning folks. anybody else unable to log on to Laser?
[08:53] {nemo} oh, the virus worked
[08:54] {Threei} morning strider
[08:54] {Threei} ok here
[08:54] {strider} Can't get on. Double-checked password and ID.
[08:54] {nemo} o.k. here too
[08:55] {ese} good morning
[08:55] {ese} dude...vad
[08:55] {ese} st
[08:55] {Threei} ese :)
[08:55] {nemo} due
[08:55] {nemo} dude
[08:56] {ese} you bet i'm due
[08:56] {Threei} scalped PURE from 2.80
[08:56] {Threei} today's momo candidate
[08:56] {ese} wow...nice
[08:58] {dptl} good morning
[08:58] {dino} gm all
[08:58] {Threei} dp, dino :)
[08:58] {ese} dp!!!!!!
[08:58] {dptl} :)
[08:58] {nemo} vodka
[08:58] {dptl} lol
[08:59] {dptl} don't make me get up
[09:00] {strider} I'm on......rebooting did it.
[09:00] {strider} morning ese.
[09:01] {Threei} US) Former Fed Chairman Geenspan: Calls for higer capital standards
[09:01] {Threei} oh boy, just shut uip already
[09:01] {Threei} this guy will never go away
[09:03] {Threei} SWIR Selected by EDMI for Wireless AirPrime(TM) intelligent embedded modules for global smart meter deployments
[09:03] {fernp} Good morning everybody
[09:04] {Threei} hesitated about CRUYS at 9.80... too bad, my day would be half done already
[09:04] {Threei} fern :)
[09:08] {Threei} (GR) Greece PM: Calls the EU support deal a great success; notes the situation is now manageable
[09:08] {Threei} yup
[09:08] {Threei} June Gold moves out to a 1 month high ahead of the NYSE open
[09:09] {Threei} - desks are eyeing stops through the early March highs at 1146.60
[09:09] {ese} jaso.....some solar movement these days
[09:10] {Threei} JASO had news, just a sec
[09:10] {Threei} 8:30:23 AM
[09:10] {Threei} JA Solar Holdings Raises Q1 shipment guidance to "more than" 265MW v 215-225MW prior (as given Feb 11)
[09:10] {Threei} - CEO: "During the first quarter, we saw robust demand from existing and new customers. By streamlining the company's existing solar cell manufacturing facility, JA Solar is able to achieve higher than expected production to meet strong customer orders. We also won several new European customers during the quarter, which further diversified our customer base and provides better visibility for the full year."
[09:11] {Threei} Gold vs Euro continues to make new record highs
[09:11] {Threei} probably because Greece is not a problem anymore
[09:14] {Threei} so far, whatever it was that supressed market overnight, it tries to fight back
[09:15] {shorty} Good morning all
[09:15] {Threei} shorty :)
[09:15] {larisa} gm :)
[09:15] {Threei} I will operate based on assumption that we have a repeat of yesterday - gap down countered by intraday climb up
[09:15] {Threei} larisa :)
[09:16] {Threei} loco candidate PURE
[09:16] {Threei} pullback entry candidate JASO
[09:18] {shorty} Thoughts on a LVS being a short today?
[09:20] {shorty} loonie is above the US dollar. Maybe it's time to buy my truck
[09:20] {Threei} if market drops, sure
[09:20] {Threei} if climbs, nah
[09:20] {Threei} let's wait out motning volaitlity, then see what LVS does
[09:20] {Threei} (US) Former Fed Chairman Greenspan: Warned about the expansion of the GSEs back in 2004
[09:21] {shorty} k
[09:22] {lasertrev} morning
[09:22] {Threei} trev :)
[09:23] {gen} gm all
[09:23] {gen} :)
[09:23] {Threei} gen :)
[09:23] {Threei} aww PURE
[09:24] {Threei} come back
[09:24] {shorty} How long do you give the market in the morning..5 min....10min?
[09:24] {Threei} no hard rule
[09:24] {Threei} matter of observation
[09:28] {Threei} JASO pulling back
[09:28] {jfjf64} mornin
[09:28] {Threei} jf :)
[09:28] {shorty} gm
[09:28] {Threei} PURE is too
[09:29] {Threei} JASO should be good entry near 6
[09:29] {Threei} PURE, hard to tell yet
[09:29] {Threei} a lot of air under it
[09:30] {nemo} in jaso
[09:30] {nemo} .09
[09:31] {nemo} 1/2 out .17
[09:31] {Threei} PURE is pure momo, no technicals
[09:31] {Threei} wtg nemo, good reflexes
[09:31] {nemo} big offer .08 was trigger
[09:32] {dino} syt off mon
[09:32] {Les} morning
[09:32] {Threei} les :)
[09:32] {shorty} gm
[09:33] {dino} gj nemo
[09:33] {Threei} LVS,one more little pullback, then break of .80 long
[09:33] {Threei} no, not yet
[09:33] {shorty} nice nempo
[09:33] {Threei} ugh
[09:36] {ese} L jaso .18
[09:37] {ese} out jaso .28 +.07
[09:37] {nemo} finnies rising? fas on fire again
[09:37] {ese} out .25
[09:37] {Threei} Long Setup: LVS .90 break
[09:37] {Threei} if stays above .80
[09:38] {Threei} if loses it becomes an aggressive entry
[09:40] {nemo} in lvs
[09:41] {nemo} 1/2 out .99
[09:41] {dino} cagc sm l .55
[09:42] {nemo} stopped 2nd half
[09:42] {dptl} stop under .80? didn't get out
[09:42] {nemo} hit .99 which was .01 away from 1:1
[09:43] {dptl} i know
[09:43] {ese} Lhban .01
[09:43] {Les} PURE on this pullback? long entry?
[09:43] {Threei} Long Setup: WFC .50 break if stays above .40
[09:44] {Threei} kind of ruined the structure dp... after coming to 1:1, stop is trailed to under b/e
[09:44] {Threei} so to say .80 or .85, I don't have anything to hang my hat on
[09:44] {dptl} uh stopped lvs....my mistake....yep
06[09:44] * nemo slaps dptl around a bit with a large book of Techniques of Tape Reading
[09:45] {dptl} :)
[09:45] {Threei} it just becomes a separate play on such pullback, not possible to judge by criteria of previous one
[09:45] {Threei} PURE, np, I'd like to see deeper pullback
[09:45] {shorty} HBAN might pass $6
[09:46] {Threei} WFC, let's re-make the idea
[09:46] {nemo} interesting...haven't been able to short FAS for a couple of days
[09:46] {Threei} long if market jumps,
[09:46] {Threei} aggressive entry on recross, using 5 cents ranges
[09:46] {nemo} break of .40?
[09:46] {Threei} .40 if holding above .35
[09:46] {ese} out hban .98 -.03
[09:46] {Threei} .35 if holding .30
[09:47] {nemo} o.k. the routine
[09:47] {Threei} yup
[09:47] {Threei} but keep an eye on the market
[09:47] {Threei} need its cooperation
[09:48] {nemo} eh..wouldn't give me .40
[09:48] {Threei} valid again
[09:48] {dino} mee
[09:48] {Threei} same idea
[09:49] {ese} L jaso .23
[09:49] {Threei} no idea
[09:49] {Threei} I am just an invited speaker
[09:50] {dptl} i got in .41 wfc ....stopped
[09:50] {Threei} ops, sorry, wrong window
[09:51] {ese} stop to break even jaso
[09:52] {Threei} .26 - .32 WFC
[09:52] {ese} out jaso .34 +.10
[09:53] {ese} had 5k of it ....was good enough
[09:53] {Threei} wtg
[09:53] {RonS} dino, you in mee?
[09:54] {dino} no was waiting at .05 never hit me
[09:54] {Threei} Long Setup: LVS .90 break
[09:55] {Threei} should be more than scalp
[09:55] {Threei} partial at 1:1
[09:55] {Threei} half out .04
[09:55] {Threei} 1:2
[09:56] {Threei} 1/4 more
[09:56] {Threei} .11
[09:56] {dptl} out +.13 ty
[09:56] {Threei} 1:3
[09:56] {Threei} my a$$ is out .18
[09:56] {Threei} whew
[09:56] {Threei} the best play of this morning
[09:56] {jfjf64} nice
[09:57] {shorty} wow
[09:57] {Threei} no struggle at all, like knife through butter
[09:57] {dino} gj
[09:57] {Threei} and clearly had this look of 'I can do better than 10 cents, hold me, hold me close"
[09:58] {dino} mon green
[09:59] {Threei} wow... LVS feel liberated from gravity
[09:59] {nemo} interesting...bad earnings and guidance and mon up
[09:59] {dino} syt sm l; .52
[10:00] {Threei} this is what stocks do in a bull market nemo
[10:00] {nemo} that's my point
[10:00] {Threei} any selling is just a reason to lure bears in and kill them, o matter what the reason
[10:01] {Threei} (US) SEC proposes new rules for ABS sales
[10:01] {Threei} - Proposes 5% Retention For Asset-Backed Securities Issuers
[10:01] {Threei} - Proposes 5-Day Wait Before First Sale Of Asset-Backed Securities
[10:01] {Threei} - Proposes Scrapping Rating Requirement For Expedited ABS Sale
[10:01] {Threei} - Proposes Continuous Loan-Level Disclosures For Asset-Backed Securities
[10:01] {Threei} PURE consolidated
[10:02] {Threei} hard to tell whether it's ready to resume momo
[10:02] {larisa} your bull is kinda anemic.. on carrot diet it seems :)
[10:02] {Threei} it's one of those... either you get a feel for it or stay away
[10:02] {Les} hehe
[10:02] {Threei} true
[10:03] {Les} gdx
[10:03] {Les} sorry
[10:03] {Threei} but the thing about this particular bull is, it's called anemic through its entire life, from the moment it was born as a calf in march of 2009
[10:03] {fernp} USB double bottom, Vad?
[10:03] {Threei} yet it just continues, both living and eating heatlhy mighty bears for breakfast
[10:03] {dino} hey les, ex. of what do you believe that isn't true, mon today
[10:04] {Les} don't need to believe, just enough eyes with which to see it happening!
[10:04] {Threei} not sure fern, a bit to slow for me to get a read on it
[10:04] {fernp} ok
[10:05] {ese} interesting 300k bid at .30 for jaso
[10:05] {Les} fcx is lagging gdx again
[10:06] {Threei} ese, look at SOLF
[10:06] {Threei} seems to have smoother traction than JASO
[10:06] {magoo} mornink
[10:06] {Threei} mags :)
[10:07] {Threei} missed some fun
[10:07] {dino} ctrp l .00
[10:07] {magoo} go figure
[10:07] {Threei} look at LVS long green candle at 9:56
[10:08] {Threei} we got in at the very bottom of it
[10:09] {gen} back and forth MEE
[10:09] {gen} done for today
[10:09] {gen} Bye all
[10:09] {Threei} take care gen
[10:09] {gen} :)
[10:09] {shorty} bye
[10:09] {gen} was very good day
06[10:09] * Threei slaps gen around a bit with a large roll of cash
[10:10] {Threei} ese, see what I mean about SOLF?
[10:10] {dino} gj gen
[10:12] {dino} not bad as in bad, but bad as in good, mon
[10:13] {Les} impressive squeeze
[10:13] {ese} yup
[10:13] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 10:30ET
[10:13] {Threei} **consensus expectations:
[10:13] {Threei} Crude: +1.5Me
[10:13] {Threei} Gasoline: -1.8Me
[10:13] {Threei} Distillate: -1.5Me
[10:14] {ese} it would have been easier to trade for sure
[10:15] {Threei} if market resumes this torturous slow grind up, PMI will be inetersting
[10:15] {Threei} .10 break
[10:15] {Threei} slow, thick
[10:15] {Threei} scalp type I candidate
[10:16] {RonS} dino, in cagc .40...target?
[10:17] {dino} .00
[10:17] {RonS} thx
[10:17] {dino} pulp type
[10:18] {RonS} ...i like pocket sammich...
[10:18] {dino} lol
[10:19] {Threei} MON Exec: expect to give alot less specific long term guidance going forward - conf call Q&A
[10:19] {shorty} shorted CIEN at .80 it happened so fast like LVS
[10:19] {shorty} shorted CIEN.80 it happened fast like LVS
[10:19] {Threei} nice
[10:19] {Threei} nice
[10:19] {shorty} sorry typed it twice
[10:20] {dino} deja vu
[10:20] {nemo} fern, faz might be a long here
[10:20] {fernp} ty nemo
[10:20] {Les} pi
[10:20] {Les} pmi
[10:20] {shorty} sometimes the chat screen scrols to the top
[10:21] {Threei} it's OK shorty, repetition helps us underastand better
[10:21] {Threei} it's OK shorty, repetition helps us underastand better
[10:21] {shorty} The way to learn
[10:21] {shorty} Should I say it again?
[10:22] {fernp} stop in PMI is under .05 , Vad?
[10:22] {Threei} yes
[10:23] {fernp} ty
[10:23] {shorty} Do you read candle sticks too Threei? Or anybody here?
[10:23] {Threei} don't like the market cooperation at the moment though
[10:23] {Threei} as in japanese traditional formations?
[10:23] {nemo} I do
[10:24] {dino} sm risky, s mon .55
[10:24] {nemo} you take faz fern?
[10:24] {Threei} GM Exec: Can only say GM will go public again "when the markets and the company are ready" - conf call
[10:24] {shorty} For example, on a big run up, do you look at the wick to see if the buyers are getting pushed back?
[10:24] {Threei} can't wait
[10:24] {Les} 2020
[10:24] {fernp} no, nemo :-(
[10:24] {fernp} took PMI
[10:24] {dino} 2112
[10:25] {nemo} Temple of Syrnx
[10:25] {Threei} shorty... there is so much more to this than that
[10:25] {shorty} This is why I ask.
[10:25] {nemo} shorty, candles need to be read in context
[10:26] {Threei} and not one by one
[10:26] {nemo} and in relationships to volume, support resistance
[10:26] {Threei} certain formations of them make sense
[10:26] {RonS} s mon .80 small
[10:26] {magoo} LVS vad interesting
[10:26] {shorty} I look at the 5 min, and the 1 min chart the most.
[10:26] {Threei} if you are interested in those, just start with the very basic formations,
[10:26] {Threei} all those dojis, hanging men, shooting stars etc
[10:27] {Threei} they are listed in MPP
[10:27] {shorty} k
[10:27] {Threei} with brief description of the context
[10:29] {RonS} out cagc .68, thx dino
[10:29] {Les} tivo goin for it
[10:30] {dino} gj
[10:30] {shorty} is it ever Les
[10:30] {Threei} I don't ave news for it
[10:31] {shorty} The only thing that I remember is they won that legal action against Dish, I think it was Dish.
[10:31] {Threei} *DOE CRUDE: +1.98M V +1.5ME; GASOLINE: -2.5M V -1.8ME; DISTILLATE: +1.1M V -1.5ME
[10:31] {Threei} Distillate demand -10K bpd to 3.64M bpd
[10:31] {Threei} - Gasoline demand +15K bpd at 9.08M bpd
[10:31] {Threei} - 10th straight weekly build for Crude inventories
[10:31] {Threei} that was quite a while ago
[10:31] {shorty} It was Threei.
[10:32] {shorty} That big green candle Mar 4th
[10:32] {Threei} right
[10:32] {RonS} smashed crude .30...lol...bet closes higher..
[10:32] {Les} the dow looking like a b/d.
[10:33] {shorty} What is b/d?
[10:33] {Les} break down
[10:33] {Threei} SATC Hearing Cantor makes positive comments; reiterates Buy and $5 price target (timing uncertain)
[10:33] {Threei} - cites order announcement this morning (2.73, +0.18, 7.06%)
[10:34] {dino} cov mon +.15, bad entry
[10:34] {shorty} I wanted to ask yesterday, but did not want to get slapped twice in one day.
[10:34] {Les} I'm used to it
[10:34] {shorty} lol
[10:34] {Threei} why, you have some kind of personal limits on slaps?
[10:34] {Threei} or is it superstition?
[10:34] {shorty} I like to Threei, even though I have thick skin.
[10:34] {Threei} two slaps a day - winter for two more months?
[10:34] {RonS} cov mon .40, +.20, thx dino
[10:35] {shorty} lol
[10:35] {shorty} I like that one THreei
[10:36] {Threei} TIVO, quite a confident climb
[10:36] {magoo} vad, look at PCGR
[10:36] {magoo} evaporating
[10:36] {Threei} that's beyond ugly
[10:36] {Threei} PALM Hearing takeover chatter circulating
[10:36] {Threei} - Lenovo rumored as a potential acquirer
[10:36] {Threei} (4.18, +0.33, 8.57%)
[10:37] {Threei} short squeeze
[10:37] {Threei} not chasing it here
[10:37] {shorty} I heard Google was thinking of buying PALM
[10:37] {Threei} ugh TIVO
[10:38] {Threei} this one seriously got away
[10:39] {dino} mon tricked me
[10:39] {RonS} c'est la guerre
[10:40] {shorty} en garde!
[10:40] {RonS} toupe'
[10:40] {fernp} stopped PMI
[10:41] {Threei} who unplugged the market?
[10:41] {magoo} FCX dive vad
[10:42] {Les} no 11k for old men
[10:42] {Threei} not today anyway
[10:43] {Les} covered TIVO, covered PMI
[10:43] {Threei} this looks like reaction on something
[10:43] {Threei} but I see no news
[10:43] {Les} back in green, after missing the LVS entry
[10:44] {Threei} I'd look for short entry on FCX bounce mags
[10:44] {dino} ctrp stopped
[10:44] {magoo} CIGX
[10:44] {magoo} CIGX
[10:44] {Threei} CIGX Announces Collaboration with Roskamp Institute on Beta-amyloid Discovery and Alzheimer's Disease (3.24, +0.29, 9.83%)
[10:45] {Threei} loco
[10:45] {dino} tobacco?
[10:45] {Threei} - Preliminary testing of the compound has produced promising results when applied to cells, and the compound is being explored further for its application to treat a variety of neurological conditions, including Alzheimer's.
[10:46] {Threei} Results in cells do not necessarily translate to human testing, and additional work needs to be completed to determine whether the compound will have significant B-amyloid lowering effects in humans.
[10:47] {shorty} nemo, looking at the 5 min chart on TIVO, would that give you an entry to short?
[10:47] {nemo} tivo crapped out at pivot R3 on the one minute
[10:48] {shorty} thanks
[10:48] {Threei} I like the teechnical terminology
[10:48] {nemo} you do have a bearish candle formation, but, you have r2 support at .14 and vwap at about the same place, so further shorting might not be a good idea
[10:49] {Les} yeh that was my entry nemo. love those pivots
[10:49] {shorty} Speaking of crapped out ZION did just that
[10:53] {Les} dt palm?
[10:54] {shorty} double bottom forming on FITB and ZION?
[10:54] {Threei} PALM, no clean formation
[10:54] {Les} k
[10:55] {Threei} ZION... either that or breakdown, depending what direction market choses
[10:55] {shorty} thanks
[10:57] {fernp} SPLS holding well, any read Vad?
[10:57] {Threei} waaay too narrow
[10:58] {fernp} ty
[11:00] {RonS} dino, just looked at pwrd...break my heart...
[11:02] {dino} me too on screen
[11:04] {magoo} PALM
[11:04] {fernp} STJ .75 break is valid, Vad?
[11:05] {Threei} coin toss
[11:05] {Threei} White House seeing indications China will move on its currency - CNBC
[11:06] {Threei} China had requested a face to face meeting on the currency among other issues
[11:06] {RonS} vision discovered at daily hallucination...
[11:11] {magoo} vad FCX read}?
[11:12] {Threei} .20 break l,ong if market recovers,
[11:12] {fernp} STJ gave me 10c :-) green again.
[11:12] {Threei} 86 short if drops more
[11:12] {RonS} ...did you hear China is planning on cranking out a renmimbi pair with the ruble, won, and ringit?
[11:13] {Threei} good job fern
[11:14] {fernp} ty
[11:14] {RonS} zmh fern
[11:15] {ese} L jaso .21
[11:15] {RonS} vad, lvs setting up?
[11:15] {fernp} dont like ZMH , ty Ron
[11:16] {Threei} LVS formed little inverted H&S
[11:16] {Threei} probably worth a try around 23 for a scalp
[11:17] {dino} ctrp last try .00
[11:19] {Threei} GILD Reportedly FDA issues warning letter over marketing materials for Truvada
[11:19] {Threei} BIIB Reportedly FDA issues warning letter regarding Tysabri promotional materials
[11:19] {nemo} in lvs .08
[11:23] {nemo} I'm scratching .11 don't like action
[11:28] {shorty} I had ZION short at .19 with a stop to .24. Was getting ready to exit at .24 when I accidentally hit cover at .22
[11:31] {nemo} mmmmhhhh...big offers lvs at .12
[11:35] {RonS} pal
[11:43] {Les} fdo .50 break?
[11:44] {RonS} mos lod and looks weak...
[11:45] {Threei} no clear idea Les
[11:45] {Les} k
[11:45] {magoo} PALM read vad?
[11:46] {dino} mos lod
[11:46] {Threei} don't have any mags
[11:46] {magoo} k
[11:46] {Threei} PALM situation is,
[11:47] {Threei} i's pretty much damaged goods at this point until and unless something changes materially,
[11:47] {Threei} and as many stocks in this situation do, it becomes a subject of speculations
[11:47] {Threei} and squeezes now and then,
[11:48] {Threei} when shorts pile up too much and become too careless
[11:49] {Threei} but to get serious sustainable momentum, it really needs something more than takeover rumor
[11:50] {dino} sm l mos .85
[11:54] {magoo} took vads fcx ,20 l
[11:55] {Threei} just now?
[11:55] {larisa} lol
[11:55] {magoo} yup
[11:55] {Threei} this is very different setup now
[11:55] {Threei} 86, maybe
[11:55] {Threei} but .20 is a bit too far
[11:56] {magoo} well, the mkt part of call looks better
[11:57] {Threei} it's correct direction wise... timing is questionable
[11:59] {Les} gdx going nuts
[12:06] {Threei} over 1:1 FCX
[12:07] {Threei} 65% Say Americans Not Willing To Make Major Lifestyle Changes To Help Environment
[12:08] {Threei} I agree... no one helps me, so environment should help itself too
[12:10] {Les} from what I hear of temps in NY, after all that rain, mother nature is getting some of her own...
[12:10] {Threei} SIMG... anyone see any news?
[12:11] {Threei} intersting slow climb
[12:11] {Threei} mags, you out FCX?
[12:11] {magoo} still in
[12:11] {fernp} no news here
[12:12] {Threei} ty
[12:12] {Threei} at 6 EST today I speak at some thing called webinar
[12:12] {Threei} tell me, is it just me or is it really one of the ugliest words in English language?
[12:13] {Les} just you
[12:13] {Les} :)
[12:13] {Threei} ok... maybe just for russian ear...
[12:13] {Threei} larisa?
[12:13] {Threei} dp?
[12:13] {Threei} "webinar"??
[12:14] {Les} can imagine crude jokes for "semin...ar" at the time it was thought of...
[12:14] {dino} uranus
[12:15] {dptl} i prefer telinar or cellinar
[12:15] {dptl} :)
[12:15] {Threei} as if it weren't enough when someone in this very room quoted Lousiana governor Huey Long
[12:15] {dino} or anal yst
[12:15] {fernp} in spanish sounds good
[12:16] {Threei} ok... must be ethnic ear thing
[12:16] {Threei} I just hoped that guy never ever set a foot on russian-speaking land
[12:19] {RonS} pal at 52 week h
[12:20] {Threei} (US) Fitch: US subprime late-payment rate declines for the first time in nearly four years
[12:20] {Threei} SIMG continues...
[12:20] {dptl} Huey Long...........roflol
[12:20] {Threei} there.. finally
[12:20] {Les} ?
[12:20] {Threei} I thought I was the only one
[12:20] {Threei} need to speak Russian, les...
[12:21] {Threei} it makes no sense for anyone else
[12:21] {Les} u russian dp?
[12:21] {RonS} rcl 31k june 31 puts bought...optionmonster
[12:21] {RonS} Harry Reams
[12:21] {Threei} let's say, his first name in russian is a very crude label for male vital organ
[12:21] {Threei} so his last name connects in a meanignful way
[12:21] {Les} cool
[12:23] {Threei} loonie went red
[12:24] {Threei} please currency gods, may your wrath fall on the loonie's head
[12:24] {RonS} red loonie replacing black swan?
[12:26] {RonS} my tape is moving briskly for the time of day...unusual...
[12:26] {Threei} what is the most common rate for 5 years fixed mortgage in USA now?
[12:26] {dino} bbep
[12:27] {RonS} 5 year? no such thing...
[12:27] {Threei} huh?
[12:28] {RonS} ...would have to be a negotiated direct bank loan. rate dependent on loan/prop value ratio
[12:29] {Threei} there is no some general posted rate as a base for duiscussion?
[12:29] {larisa} 5 year has to be ARM
[12:29] {RonS} ...there is no secondary market for 5 year. 15 minimum
[12:29] {Threei} I don't mean amortization, that's let's say 25... locking rate for 5 years
[12:29] {RonS} ah...
[12:30] {larisa} usually it is 1% below 30 years
[12:30] {Threei} lol.. that's helpful
[12:30] {Threei} ok... and what's 30 yars?
[12:30] {Threei} years
[12:31] {larisa} today about 5.5 % I think, but depends on many things
[12:31] {Threei} got it, ty
[12:32] {RonS} http://www.zillow.com/Mortgage_Rates/
[12:32] {fernp} HUSA dino?
[12:33] {Threei} interesting... yolu guys don't have a difference in rates depending on the term of locking it seems?
[12:33] {Threei} as in fixed for 3 years, 5, 10?
[12:33] {nemo} awiav
[12:33] {Threei} no, but can't take my eyes off SIMG
[12:33] {Threei} has this look of slow climber for indefinite time
[12:34] {Threei} you know... one of those you look at eod, and think why didn't I buy it 3.30
[12:35] {Les} NEP
[12:36] {dino} husa strange
[12:37] {Threei} about 50 min ago, dino:
[12:37] {Threei} Houtson American Energy Corp Weakness being partly attributed to financial blog report calling the stock "priced for perfection"
[12:37] {Threei} - note: HUSA is up more than 150% YTD
[12:42] {fernp} NTAP, Vad? worth a try?
[12:44] {Threei} nice chart...
[12:44] {Threei} I hate this stock
[12:44] {Threei} my personal record with it like one out of ten
[12:45] {Threei} somehow it manages to shake me out every single ime
[12:45] {Threei} it's like there is an alert is set somewhere to go off when I buy it
[12:46] {Threei} "quick, he is in, let's drop"
[12:46] {Threei} CH) US Senator Schumer reportedly sees China responding on currency issues only when tough actions are taken rather than dialogue
[12:47] {RonS} someone needs to tough action shumer...what a camera hound bozo
[12:47] {Threei} heh
[12:47] {ese} L jaso avg .23
[12:48] {Threei} .25 break JASO should give you a quick spike ese
[12:48] {fernp} ty Vad, lost internet connection
[12:48] {RonS} nayone ever play or familiar with bvn?
[12:50] {dino} no
[12:50] {ese} hey vad.....i'm thinkin that
[12:51] {RonS} cagc lod
[12:52] {ese} daaaaaaaaaaa!!!!!!!!1
[12:54] {Les} PALM up and away
[12:55] {ese} thought it was suppose to hit "0"
[12:55] {Threei} hehe
[12:57] {ese} can just see them analyists now...."ha ha...fooled ya"
[12:57] {fernp} SBUX any read, Vad? .95?
[12:59] {Threei} it would take fairly strong market move for this one to give you something, fern
[13:00] {magoo} MOs ever gonns go dino?
[13:00] {fernp} i understand, ty
[13:00] {magoo} rhyme
[13:01] {dino} who knows
[13:01] {Threei} US) Fed's Dudley reiterates the US fiscal path is 'unsustainable'
[13:01] {Threei} you think?
[13:01] {Threei} ok... nemo
[13:02] {fernp} out NTAP +.08
[13:02] {Threei} *(US) TREASURY'S $21B 10-YEAR NOTE REOPENING DRAWS 3.900%; BID-TO-COVER RATIO: 3.72 V 3.45 PRIOR AND 2.96 OVER THE LAST 7
[13:02] {Threei} - Indirect bidders take 43.1% of competitive bids, with 99.62% allotted at high
[13:02] {nemo} 3.9 is a good rate that's why fas taking off
[13:02] {Threei} 16% go to Direct bidders
[13:02] {Threei} - Median 3.874%, Low 3.82%
[13:03] {nemo} that was a pretty good auction
[13:03] {RonS} ...let's remember...credit report a 3 edt
[13:03] {nemo} there was thought that the yield might go over 4%
[13:05] {dino} rally
[13:17] {Threei} this is a rally executed by one-legged snails martching in molasses
[13:18] {Threei} marching
[13:20] {dptl} Vad ..gg .70 long?
[13:20] {ese} i'm up a .01
[13:20] {ese} no 2
[13:21] {ese} no 1
[13:21] {ese} no 3
[13:21] {ese} no2
[13:21] {ese} no 1
[13:21] {ese} no 2
[13:21] {Threei} hard to tell dp
[13:21] {Threei} probably yes
[13:21] {Threei} but kind of 51/49
[13:22] {dptl} ok ty
[13:22] {Threei} and I really can't monitor it, I am fascinated by ese 1 cent saga
[13:24] {ese} no wait up1
[13:24] {ese} no now 2
[13:26] {ese} daaaaaaa 1 3/4
[13:26] {ese} ahhhhhhhhhh 2
[13:26] {magoo} thar she blows dino
[13:26] {ese} ahhhhh haaaaaaaaa 1 1/2
[13:27] {dino} indeed
[13:28] {ese} aucccchhhh du miya
[13:29] {shorty} I am here
[13:31] {dino} mos to .25
[13:31] {ese} are we building up some steam............
[13:32] {dino} feelsw like it
[13:32] {Threei} big ben is on
[13:32] {Threei} (US) Fed's Bernanke: Economy is stabilizing; Joblessness and foreclosures are challenges; Commercial real estate remains troubled
[13:32] {Threei} - yet to see evidence of sustained recovery in housing market
[13:32] {Threei} - economy operating well below potential, inflation expectations appear stable and appear to be 'well controlled'
[13:32] {Threei} - must end the concept belief that some companies are too big to fail
[13:32] {Threei} - bank lending is still constrained
[13:33] {ese} dino what ta ya in in?
[13:33] {ese} sory should be one in
[13:33] {ese} but 2 r's
[13:36] {dino} mos
[13:36] {ese} tks
[13:36] {dino} slow day for me
[13:37] {ese} that looks real good!
[13:37] {ese} slow 2 to 3 weeks for me.....seem to out of sync since Italy
[13:37] {Threei} I know why ese
[13:37] {ese} and i swear i didn't get loaded with Les
[13:37] {dino} ant thoughts on mee, mon?
[13:38] {Threei} you are trying to spread out your activity throughout the day
[13:38] {Threei} but your type of stocks moves in the morning only, then stalls for the day
[13:38] {dino} magoo trail mos
[13:38] {ese} ya i am........don't seem to have much choice at present
[13:38] {magoo} added dino
[13:39] {Threei} MEE seems to be ready for reversal to me, dino
[13:39] {dino} .50 takes it to .80 imo
[13:40] {dino} es, fwiw, i had to adjust my style around 3/20. strange days
[13:41] {magoo} in MEE vader
[13:41] {Threei} should push into .90 now, MEE
[13:41] {Threei} then will have to reevaluate, fizzle or consolidation for 46 and above
[13:43] {dino} husa
[13:44] {Threei} market doesn't help
[13:45] {dino} mee feels like db in making
[13:46] {dino} out mos .35, +.50
[13:46] {Threei} wtg
[13:46] {ese} nice dino.......thing of beauty there
[13:47] {dino} ty
[13:48] {Threei} RIMM Hearing OTR Global Research speculates that RIMM will announce a tablet computer product by the end of 2010
[14:00] {dino} thoughts husa?
[14:00] {Threei} something is off with it
[14:01] {Threei} I am not delighted by any of setups it shows
[14:01] {Threei} I'd stay away for now
[14:01] {dino} making higher lows/highs
[14:03] {dino} in .75
[14:03] {Les} PMI b/d play here vad? break of .98?
[14:04] {Threei} not my cup of tea
[14:04] {Les} how very english those sentiments are
[14:04] {Les} jolly good, ok
[14:05] {Threei} Fed's Hoenig takes a swing at Greenspan:
[14:05] {Threei} - Low rates have contribued to the economic crisis
[14:05] {Threei} - Markets must not depend on the Fed for risk management
[14:05] {Threei} - Current rate policy for 'extended period' is encouraging investors to bet on the continuance of an exceptionally easy policy
[14:05] {dino} stopped
[14:06] {Threei} here is the thought: no one should depend on Fed for anything
[14:06] {ese} gotta go all.....am being filmed for a tv show today. Catch ya tomorrow
[14:06] {Les} ciao
[14:06] {Threei} take care ese, have fuun
[14:07] {dino} cya es
[14:07] {Threei} dino, now that it pulled back to .50 and under,
[14:07] {Threei} it has a shot at double bottom
[14:07] {Threei} but seriously, I hate the way it trades
[14:08] {Threei} there is something very foreign to me about this stock
[14:08] {Threei} Market Internals update at 2:00ET
[14:08] {Threei} - NYSE volume 580M shares, about 3% below its three-month average; decliners lead advancers by 1.3:1.
[14:08] {Threei} - NASDAQ volume 1.82B shares, about 25% above its three-month average; advancers lead decliners by 1.1:1.
[14:08] {Threei} - VIX index -0.1% at just below 16.50
[14:08] {dino} reminds me of ioc about month ago
[14:08] {Les} aig trying 37
[14:08] {Threei} I swear VIX will make new all time low before this rally is over
[14:08] {shorty} HUSA still getting crushed
[14:09] {Threei} let it be
[14:09] {Threei} simply not worth the risk
[14:09] {shorty} understood
[14:09] {Threei} US) Fed Chairman Bernanke: Reiterates that the structural US deficit cannot be maintained at current levels
[14:10] {Threei} just shut up already Alan... have some dignity, go away
[14:10] {shorty} lol
[14:10] {Les} l aig .01
[14:10] {shorty} aig
[14:10] {shorty} sorry want to track your trade
[14:10] {Threei} seriously, it takes Ben and three Fed governors today to outshout Greenie's morning remarks
[14:11] {dino} plfe
[14:11] {Les} want out here aig but bloody ah fill went in
[14:11] {shorty} I never watch AIG, partly because I am new to trading, but does it always move like this?
[14:12] {Les} out +.11
[14:12] {shorty} nice Les
[14:12] {Threei} it has this habit of sitting quite for a while, then explode suddenly
[14:12] {shorty} bipolar
[14:13] {Les} only some of the time shorty. my meds help
[14:13] {shorty} lol, I just drink alone in a corner
[14:13] {Threei} that was serious mistake on your part shorty
[14:14] {Threei} making it known will get you a very crowded corner now, as half of this room rushes in to find you, your corner, what you drink and how sharing you are
[14:14] {shorty} lol
[14:15] {Threei} look forward for nemo, magoo and dp wandering around very soon
[14:15] {Threei} next wave will come as soon as they pipoint your location
[14:15] {shorty} Ahhh....I could use a lapdog or two
[14:15] {Threei} keep an eye on SIMG on this pullback folks,
[14:16] {Threei} not your usual fast day trading stock,
[14:16] {Threei} but .20 - .25 zone will be interesting for entry
[14:16] {Threei} unless market reverses upward again and speeds up, may turn into overnight hold
[14:18] {Threei} I just looked back in the morning,
[14:18] {Threei} guess what
[14:19] {Threei} out best play was called 25 min in the day,
[14:19] {Threei} and weas over in two minutes
[14:19] {shorty} LVS
[14:19] {Threei} the rest of the day we could be in coma just as well
[14:19] {Threei} [09:54] {Threei} Long Setup: LVS .90 break
[14:19] {shorty} I got out too early on that one Threei, about 10 cents too soon.
[14:20] {Threei} because you don't listen to me...
[14:20] {Threei} [09:55] {Threei} should be more than scalp
[14:20] {shorty} I got out just before you said that
[14:20] {Threei} but what else is new.. no one else does, why would you
[14:21] {shorty} At 9.55.30 to be exact, just looked at my log
[14:21] {Threei} this would be material if we only could believe it:
[14:21] {Threei} (US) Fed Chairman Bernanke: Reiterates Fed will not monitize debt, reiterates that the structural US deficit cannot be maintained at current levels - Q&A
[14:21] {Threei} - can avoid inflationary consequences, but could see inflationary effect if investors lose confidence in the US as we have seen recently in other countries.
[14:21] {nemo} o.k. how haven't they monetized the debt?
[14:22] {Threei} I wish we had an answer to that
[14:22] {Threei} as it stands, all we can have is a very grown-up with them:
[14:22] {Threei} did too! - did not!
[14:25] {Threei} watching CAT
[14:25] {Threei} if market is done dropping, this one is scalpable on 65 trigger
[14:25] {nemo} not yet
[14:25] {Threei} not done yet
[14:26] {Threei} and I am not to jazzed about shorting here
[14:26] {nemo} cat looks like spy looks like qs looks like fas
[14:26] {Threei} AAPL Ticks lower on CNBC teasing upcoming segment on 'bugs' on iPad (240.75, +1.21, 0.51%)
[14:27] {Les} lol, love the rumours
[14:27] {Threei} - Note: Reports have circulated in recent days about the struggles some owners are reporting with WiFi signal
[14:30] {Threei} ok, who is willing to break the boredom down, with minimal risk for not stellar reward,
[14:30] {nemo} fern
[14:30] {Threei} let' CAT drop under .80
[14:30] {Threei} then start routine bottom hunt woth halt lot,
[14:30] {Threei} 5 cents ranges on recross
[14:31] {Threei} .80 break if holding .75
[14:31] {Threei} .75 break if holding .70 now
[14:31] {Threei} etc, you know the drill
[14:32] {Threei} PALM still climbing
[14:32] {Threei} oblivious to the market
[14:37] {Threei} in CAT for double bottom attempt
[14:37] {Threei} 5 cents stop
[14:37] {Threei} target between .75 and .80
[14:38] {Threei} don't even know how much it's a valid setup vs boredom
[14:38] {nemo} my thoughts eqzaktly
[14:38] {Threei} but I'll pretend it was a great setup I was waiting for, OK?
[14:38] {nemo} looks like you got capitulation volume
[14:39] {Threei} well, I do have classic DB with one outside BBs and one inside
[14:39] {nemo} ahh
[14:40] {Threei} and enough bounce for a scalp
[14:40] {Threei} target hit
[14:40] {Threei} sigh... 12 cents profit
[14:41] {Threei} gotta be careful not to spend it all at once place
[14:41] {Threei} but hey, vs 5 cents risk?
[14:41] {nemo} ?
[14:41] {shorty} slow clap here in Calgary Threei.....
[14:41] {Threei} just whining about how little one has to settle for at this time of the day, nemo
[14:41] {Threei} one-handed shorty?
[14:42] {shorty} How did you know?
[14:42] {Threei} lucky guess
[14:42] {Threei} ok, jokes aside, zoom in on 1 min chart,
[14:42] {Threei} see what the trade was based on?
[14:42] {Threei} 14:34, shar sell into new low,
[14:43] {Threei} formed a bottom outside of BBs
[14:43] {Threei} 14:37, second sell in the same level, .60,
[14:43] {Threei} starts greeing from there, forming second bottom inside of BBs
[14:44] {Threei} confirmation is too far from entry, .70,
[14:44] {Threei} high formed at 14:36,
[14:44] {Threei} so aggressive entry is in order
[14:44] {Threei} as close to .,60 as possible, on first signs of strength
[14:44] {Threei} very narrow stop, just under suport
[14:45] {Threei} with exit for scalpers around that top, for more meanngful play into spike after breaking it
[14:46] {magoo} GS strong
[14:46] {magoo} AIG
[14:48] {shorty} You have just confirmed that I need practice Threei., or ride your coattails.
[14:49] {Threei} how did I manage to do that?
[14:49] {Threei} more often all I manage is to scare the living daylight out of children
[14:49] {Threei} and convince adults they want to stay as far away from as possibler
[14:50] {Threei} you are not easy to scare I see...
[14:50] {shorty} Only if you are holding a gun.
[14:50] {Threei} I do just as much damage with 2x4
[14:51] {Threei} it's only reach that is less
[14:51] {Les} I'm scared, but wife has me chained to table. I'm released at close every day
[14:51] {Threei} lol
[14:51] {shorty} lol
[14:51] {Threei} good one les
[14:51] {Les} "YOU WILL LEARN" she says
[14:51] {Threei} "wanna bet?" les answers
[14:52] {Les} rofl
[14:53] {Threei} Calgary is labeled a number 1 CO2 emitter in Canada
[14:53] {Threei} shorty... you need to stop that... whgat ever it is you are doing to emit that much
[14:53] {shorty} My wife thinks I am going to give trading up. She thinks I will eventually enter the work force again. I am her dependent for life.
[14:53] {Threei} well, look
[14:54] {shorty} lol, crap my xmas lights are still on, I have my pick up idling right now.
[14:54] {Threei} take it seriously
[14:54] {Threei} this is profession
[14:54] {Threei} despite all our joking around that may create an impression we are just having fun
[14:54] {Threei} this is just a normal work place humor
[14:54] {nemo} you'll be out of that 4k quicker than S&!t through a goose. You're up against major leaguers from day 1...No farm system here
[14:55] {Threei} but trust me, all who made it in this business take it dead serious
[14:55] {nemo} How many hours a day were you putting in at the beginning Vad?
[14:55] {Threei} there is some considerable, although not too overwhelming technical stuff to learn
[14:55] {Threei} and then there is a major challenge:
[14:55] {Threei} YOU
[14:55] {nemo} BIGGEST
[14:56] {Threei} I am not a good indicator nemo
[14:56] {nemo} why
[14:56] {shorty} Trading has a negative effect on people Threei. I take it seriously, that is what she doesn't like I think. When I tell her I had a bad day, she says "maybe this isn't for you"
[14:56] {nemo} capitualtion volume on cat again
[14:56] {Threei} my time spening was defined nit by learning to trade only,
[14:56] {shorty} Now I say " I had a bad day trading " with a :)
[14:56] {nemo} true
[14:57] {Threei} I read with dictionary, translating every word
[14:57] {Threei} non-existing english was a setious handicap
[14:57] {Threei} serious
[14:57] {Threei} at least time wise
[14:57] {Threei} and I will disagree with that concept shorty
[14:57] {Threei} trading has no negative or positive effect on people
[14:58] {RonS} old Wall Street saw: "Trading is a hard way to make an easy living."
[14:58] {Threei} it has no effect by itself
[14:58] {nemo} what they allow it to have
06[14:58] * nemo wonders, "Should I take off the hair shirt and get out the scourge?"
[14:58] {Threei} it's an environment in which you act
[14:58] {Threei} fairly unusual environment
[14:59] {Threei} in a seense of being unstructured
[14:59] {Threei} long discussion... I have it all in books
[14:59] {RonS} ...credit report...
[14:59] {Threei} (US) Preview: Feb Consumer Credit due out at 15:00ET
[14:59] {Threei} **consensus expectation: -$700Me v +5.0B prior
[14:59] {Threei} - the Jan increase in consumer credit was the first rise in 12 months. Jan revolving credit showed its 16th straight decline, the longest contraction on record.
[15:00] {Threei} US) FEB CONSUMER CREDIT: -$11.5B V -$700ME
[15:00] {Threei} YIKES!
[15:00] {dino} mee lod
[15:01] {nemo} Oh yeah, Chase sends me a notice last week. We notice you don't use your 30k line of credit much, we're cutting it to 500
[15:01] {shorty} I see what you are saying Threei.
[15:01] {Threei} seriously nemo?
[15:02] {Threei} they keep increasing limit on all my cards
[15:02] {Les} is that amount extended to consumer?
[15:02] {nemo} ABSO FFFFN LUTELY!
[15:02] {shorty} RonS, I like that quote.
[15:02] {Les} cause that is serious contraction
[15:07] {Threei} did market finally find solid excuse to sell down?
[15:07] {nemo} yeah, for the moment...but that's the only piece of "bad" news in a while
[15:08] {Threei} well, it helped to back off of that looming 11K
[15:09] {RonS} husa has stopped going down
[15:12] {dino} noticed that\
[15:12] {Threei} Long Setup: CAT .20 break
[15:12] {Threei} if stays above .15 for scalpers, .10 for a day trade
[15:14] {dino} bpt drop
[15:14] {dino} w/uso
[15:14] {Threei} modification, .15 break if stays above .10
[15:15] {Threei} invalidated
[15:15] {nemo} this is impressive
[15:15] {Threei} normally I would have switched to shorts a while ago
[15:15] {Threei} hesitant to do it yet,
[15:15] {nemo} why, is it warm there?
[15:15] {nemo} frickin' 90 fahrenheit here
[15:16] {dino} 90 degrees here
[15:16] {Les} that would be nice
[15:16] {shorty} room temperature here
[15:16] {Threei} lately market just lured shiorts in with any pullback, only to kill them a few min later
[15:16] {RonS} snowed here
[15:16] {shorty} Where RonS?
[15:16] {Threei} so, until I see it changing, I don't want to change on whim
[15:16] {Les} shit that's hot
[15:16] {dino} feels like same trap to me 3i
[15:17] {Les} 32 degree celcius. I was thinking maybe 25 - maybe 77 fahrenheit
[15:18] {RonS} denver, 65 tomorrow, typical spring
[15:18] {shorty} I heard Denver is like Calgary.
[15:18] {dino} husa .00 l
[15:18] {Les} back to high 50's this week. switzerland slow to warm up
[15:18] {dino} friday they call for high of 50
[15:19] {RonS} similar, base of the rockies
[15:19] {shorty} Or Calgary is like Denver. I would move there.
[15:21] {Threei} do you know what is "highest level of junk status"?
[15:21] {Threei} JC Penney Company Inc (Holding Co) S&P raises credit rating one notch to BB+ from BB (now highest level of junk status)
[15:21] {shorty} My 94 Dodge?
[15:21] {RonS} ...would rather have western canuckians, than texans, californians, or chihuahuans
[15:21] {shorty} lol RonS
[15:21] {nemo} damn sure beat us Massholes
[15:22] {nemo} you smell the bear meat seasoning, Vad?
[15:23] {Threei} not sure yet
[15:24] {Threei} looking at CAT, does feel like reversing
[15:25] {dino} out husa .30, +.30
[15:25] {Threei} should jump into .25 - .30 zone
[15:26] {dptl} so thinking.20 long?
[15:27] {Threei} this is rather aggressive entry situation
[15:27] {Threei} don't like chasing them off such selloffs
[15:27] {nemo} volume ain't showing any buying conviction either
[15:28] {Threei} no, it's rather crawling out of hole than jumping out of it
[15:30] {fernp} Good evening everybody. See you all tomorrow
[15:30] {Threei} imagine 22 years old athlete jumping in the cabriolet over the doors, vs 89 years old gent taking 5 min to fumble with keys, opening the door, getting in and needing couple min nap beforfre starting the car
[15:30] {shorty} bye fernp
[15:30] {Threei} CAT after this selling is that older gent
[15:30] {Threei} take care fern
[15:31] {Threei} here we go
[15:31] {Threei} .16 - .27 CAT worked
[15:32] {Threei} .20 would have too, but more nervous one
[15:35] {Les} vad palm coming down. type1 to be scalped here somwhere?
[15:35] {Les} 200 ma here. maybe bounce followed by drop
[15:36] {Threei} can't tell really
[15:36] {Threei} 17% Say Theyre Likely To Buy An All-Electric Car Next
[15:36] {Threei} I seriously doubt that
[15:37] {Threei} when they see price vs capabilities, more like 5%
[15:37] {dino} frx
[15:37] {shorty} Far from it here. I plan to buy a diesel truck. Add more Co2
[15:37] {Threei} see? it's all your fault
[15:38] {RonS} FDA Panel Forest Lung Drug Daxas Appears Effective
[15:38] {RonS} FDA Panel Votes 9 To 6 In Favor Of Daxas's Effectiveness
[15:39] {RonS} run forest run
[15:39] {nemo} forrest
[15:40] {dino} lol
[15:40] {dino} good flick
[15:41] {RonS} gary sinise
[15:42] {dino} bless you
[15:42] {Threei} lol
[15:42] {shorty} Not sure what to do, so I think I will call it a day. Good night all.
[15:42] {dino} :D
[15:42] {Threei} take care shorty
[15:42] {Les} ciao
[15:42] {Threei} SIMG came into buying zone
[15:42] {Threei} those who are willing to hold overnight
[15:43] {Threei} not really compelling play
[15:44] {Threei} wow FRX
[15:46] {Threei} overall, not much of selling range wise, but once again this weird pattern of volume increaing on red days held
[15:47] {Threei} Dell Inc Plans to launch tablet computer utilizing Android OS in next three to six months - MediaFile blog
[15:47] {Threei} - Dell will launch a 5-inch tablet with a yet-to-be-named wireless carrier.
[15:47] {Threei} - The iPad, at 9.7 inches, is nearly twice the size of Dells tablet.
[15:47] {Threei} - Dells 5-inch device will be the first in a family of tablets, most based on Googles Android, and some with larger screen sizes.
[15:47] {Threei} - Engaged in talks with content providers.
[15:47] {Threei} - Dells tablet will be able to tap into the Android Market for apps.
[15:48] {Threei} knowing DELL pricing models, we can probably expect some srious undercutting of AAPL's
[15:49] {Les} damn aig
[15:49] {Threei} no news
[15:49] {Threei} noidea what drives it
[15:49] {Threei} one of those things
[15:50] {Les} traders like John Lee. I'm following him on twitter. I guess a thousand traders must be following him
[15:51] {nemo} jeez...aig
[15:53] {larisa} John Lee moves AIG? best joke of the day :)
[15:53] {Les} was just about to ask
[15:53] {Threei} yeah, I seriously doubt that
[15:53] {Les} if it is possible
[15:57] {dptl} good evening all
[15:57] {nemo} should almost buy anything that's down
[15:57] {nemo} this credit report only affects the US
[15:58] {Threei} take care dp
[15:58] {Threei} selling is not too deep
[15:58] {nemo} no, it'll gap up tomorrow
[15:58] {Threei} it's continuation tomorrow and couple days after that is really interesting
[15:59] {Threei} wh took SIMG, you have 1:1 actually, lol
[15:59] {nemo} you've got spy spx expiration tonight
[16:00] {Threei} wow
[16:00] {Threei} huge 3.30 offer got swallowed
[16:00] {nemo} what
[16:00] {nemo} Well, that's it c u 2 morow
[16:00] {Threei} okay guys, thank you all
[16:00] {larisa} bye :)
[16:00] {Threei} have a good evening, see you tomorrow for that ever so elusive 11K party
[16:00] {Les} ciao
[16:01] {magoo} ty