Tuesday, April 20, 2010

Apr 20 2010

Narrow day with much less action than yesterday. Some profitable trades,some stops - mostly balancing each other, and one nice hit on GS for 85 cents.

Session Time: Tue Apr 20 00:00:00 2010

[03:18] {KSystems} Good morning
[07:20] {vasilisa} Good morning
[07:56] {magoo} giddy-up:)
[08:22] {Threei} 7:01:10 AM
[08:22] {Threei} The Goldman Sachs Group Inc Reports Q1 $5.59 v $4.00e, R $12.8B v $11Be
[08:22] {Threei} - Net investment banking revenues $1.18B, +44% y/y, -28% q/q
[08:22] {Threei} - Trading and principal investments revenues $10.25B, +60% q/q
[08:22] {magoo} morn vad
[08:22] {Threei} magoo :)
[08:23] {magoo} cramer last nite SELL LVS MGM..buy wynn
[08:23] {Threei} 20 Apr 2010 08:14 [GS] BofA/Merrill Lynch reiterates Buy rating, price target $220
[08:23] {Threei} 20 Apr 2010 08:12 [GS] General Council: Reiterates that SEC charges are unfounded - conf call
[08:24] {magoo} we need a pullbk to get long GS
[08:24] {Threei} MGM Price Target raised to $12 from $10 at Deutsche Bank; Reiterates Hold rating (14.83, 0.00, 0.00%)
[08:24] {Threei}
[08:25] {Threei} MGM Goldman adds to Conviction Buy List (22.77, 0.00, 0.00%)
[08:25] {Threei} LVS Price Target raised to $29 from $21 at Deutsche Bank; Reiterates Buy rating (82.91, 0.00, 0.00%)
[08:25] {magoo} just telling u cramer last nite...he has followers, but hey, he sux
[08:25] {Threei} Cramer's call seems to be, ummm...
[08:45] {magoo} u readin GS lord vader?
[08:45] {Threei} premarket?
[08:45] {Threei} normally, no...
[08:46] {Threei} 165.5 was an obvious break
[08:46] {magoo} no kidding took iy
[08:46] {magoo} out here .71
[08:46] {magoo} .69 that is
[08:47] {magoo} 165.39 - 166.69
[08:47] {magoo} just feels "UP" overall
[09:01] {Threei} MGM starts looking interesting for a break in all time frames
[09:02] {Threei} 14.40 is support so far,
[09:02] {Threei} then resistance levels:
[09:02] {Threei} today, .55
[09:02] {Threei} from daily, .60-.75 zone
[09:03] {Threei} so, the plan would be to combine regular break on intraday with aggressive entry on daily
[09:03] {ese} morning ...vad...... mags
[09:03] {Threei} by taking .55 break, stop under .40
[09:03] {Threei} ese :)
[09:04] {Threei} then if market stays strong partial out in .70 - .75 area
[09:04] {Threei} and see if we get all-out break
[09:04] {strider} would you take .55 break before open?
[09:04] {dptl} good morning
[09:05] {nemo} hello
[09:05] {Threei} I think so strider
[09:05] {Threei} dp, nemo :)
[09:06] {ese} price target on B of A $220.00 BAC
[09:06] {ese} whats that all about
[09:07] {fernp} Good morning everybody
[09:07] {Threei} fern :)
[09:07] {strider} morning all
[09:07] {Threei} strider :)
[09:07] {Threei} opening volaitlity is often a killer...
[09:08] {Threei} safer to wait it out of course
[09:08] {RonS} gm all. ese, i read: BAC 220 call on GS
[09:08] {Threei} Ron :)
[09:10] {ese} gm ron
[09:10] {dino} gm all
[09:10] {Threei} dino :)
[09:10] {ese} was reading vads post above......maybe some of the posts are not there
[09:11] {RonS} dino, playing cagc long today?
[09:11] {Threei} you mean tyhis:
[09:11] {Threei} 08:14 [GS] BofA/Merrill Lynch reiterates Buy rating, price target $220
[09:11] {Threei} ?
[09:12] {Threei} it's BAC's target for GS
[09:13] {Les} cheeky bastards BAC
[09:13] {Les} morning
[09:13] {shorty} good morning all
[09:13] {Threei} les, shorty :)
[09:13] {dino} depends ron, on screen
[09:13] {dino} stt?
[09:14] {Threei} 07:09 STT Reports Q1 $0.75 (ex charges) v $0.75e, R$2.3B v $2.2Be
[09:14] {Threei}
[09:15] {Threei} MGM, ideally it would give us nice juicy consolidation while opening volatility dies off, then break resistance and climb steady
[09:17] {dino} lol ron cagc print 33.16
[09:19] {RonS} i hate that stuff. screws up the charts.
[09:19] {lasertrev} morning
[09:19] {Threei} trev :)
[09:29] {magoo} morn trev
[09:31] {magoo} aapl 2 pt dump
[09:32] {Threei} who took premarket break on MGM, half out here
[09:32] {jfjf64} mornin
[09:32] {Threei} jf :)
[09:32] {dino} esi
[09:32] {magoo} reports after bell aapl..so careful
[09:32] {jfjf64} see i missed good day yest
[09:32] {nemo} should blow through the roof
[09:32] {dino} esi gap fill
[09:32] {magoo} nasty GS bar down
[09:34] {Threei} WFC. looking for enry on pullback
[09:34] {Threei} under .20
[09:35] {Threei} .10 break
[09:36] {magoo} GS SLAUTERED
[09:36] {Threei} stop under .05
[09:37] {ese} L nvda .20
[09:38] {nemo} rinse
[09:39] {Threei} Long Setup: MGM .75 break
[09:39] {Threei} if holding .70
[09:40] {Threei} invalidated
[09:41] {Les} aig
[09:41] {Threei} .60 break
[09:42] {Threei} if holding .55
[09:42] {nemo} aig or mgm
[09:42] {Les} aig presently .30
[09:42] {Threei} MGM of course
[09:44] {Threei} WFC, what a bounce
[09:44] {dino} esi, apol, dv
[09:44] {dino} stt lod
[09:44] {nemo} it bounced right at yesterday's close
[09:45] {dino} ferts rosey today
[09:46] {dino} titn l .50
[09:46] {shorty} STX...breakout of .30?
[09:47] {Threei} nah
[09:47] {shorty} ty
[09:47] {nemo} wfc pullback
[09:47] {dino} ioc luv
[09:50] {RonS} jef whacked off earn beat
[09:51] {Threei} Long Setup: WFC .50 break
[09:51] {Threei} stop under .40
[09:51] {magoo} in
[09:53] {magoo} out-.10
[09:53] {nemo} out +.07
[09:55] {magoo} held .40 well
[09:55] {Threei} that was support for stop placement
[09:55] {Threei} why exit beforte it's broken?
[09:55] {magoo} i reentered .45
[09:56] {magoo} no worries
[09:56] {magoo} plus i have 1k GS
[09:56] {magoo} ta,king alot of focus
[09:56] {magoo} 161
[09:56] {Threei} 1:1
[09:57] {fernp} ty Vad (good stop :-) )
[09:57] {dino} apol sm l .01
[09:58] {Threei} welcome sir
[09:58] {magoo} out WFC .63 TY +.18
[09:58] {Threei} :)
[09:58] {magoo} out GS .81 + 1.81 TY boss
[09:58] {Threei} ok... I'll take credit if you insist
[09:59] {magoo} it helps your log for public lol
[09:59] {shorty} Having issues with arca today. Not letting me buy for some reason. ISL no problem though.
[09:59] {Threei} I also waved away some of that ash cloud in case you didn't know
[09:59] {shorty} Blew a big fart Threei?
[09:59] {Threei} ok, this doesn't help the log :)
[09:59] {Les} cute shorty
[10:00] {Threei} WFC 1:2
[10:00] {shorty} Forgot, I will stop.
06[10:00] * magoo slaps shorty around a bit with a large trout
[10:00] {Threei} (EU) Reportedly airlines have moved to call on the EU for support following travel ban
[10:00] {Threei} COOL Signs partnership agreement with Martha Stewart Omnimedia (0.91, +0.07, 8.74%) (related MSO )
[10:00] {Les} aig
[10:01] {magoo} last time this volcanoe blew was 1820...but it had little to no effect on airline travel
[10:01] {Threei} SEED Ticking higher on takeover chatter circulating (9.74, +0.43, 4.62%)
[10:01] {RonS} lol
[10:03] {magoo} aapl still selling boss
[10:04] {Threei} keeping an eye on ARRY
[10:04] {Threei} to see whether it has a chance to turn into momo
[10:05] {Threei} 4.10 break may do just that
[10:06] {nemo} wfc pullback
[10:06] {nemo} in arrry
[10:07] {Les} vad, u read MOS? consolidation here for move higher?
[10:07] {fernp} stop under 4.00 , Vad?
[10:07] {Threei} yeah
[10:07] {Threei} MOS, I think so
[10:07] {Threei} stop is a bit too wide for my taste
[10:09] {Threei} ARRY bidder is for real
[10:09] {strider} at 4.05?
[10:09] {fernp} .
[10:09] {Threei} was
[10:10] {Les} yeh I had aggressive entry .06 on the back of that
[10:10] {ese} nvda stoped .09 -.11
[10:10] {jfjf64} rig
[10:11] {jfjf64} .97
[10:11] {Threei} oh well
[10:12] {jfjf64} 1/1
[10:13] {Threei} CIEN Hearing group has lowered rev guidance in relation to Nortel transaction; Lowered GM guidance at analysts day (timing uncertain) (16.76, -0.58, -3.34%)
[10:13] {shorty} wow
[10:16] {jfjf64} rig a rig
[10:17] {strider} MRK
[10:18] {jfjf64} buy mama a new pair of shoes
[10:18] {Threei} nice one jf
[10:18] {jfjf64} ty
[10:19] {jfjf64} cant deni vol
[10:20] {Les} out mos. sputtering
[10:21] {Les} might short on next bounce
[10:22] {jfjf64} nus strong nice flag pattern
[10:22] {dino} stt sm l .00
[10:24] {dino} apol out flat
[10:24] {shorty} back in a bit
[10:27] {Threei} who asked about kangaroo tail couple days ago?
[10:27] {Threei} see CIEN bottom bar?
[10:27] {Threei} this is close
[10:27] {Threei} just teo bars around it are a bit too long
[10:27] {dino} no i was asking about the hot wings
[10:27] {jfjf64} 1/4left rig
[10:27] {RonS} i heard in passing yesterday that: "Obama is going to Wall Street Thursday to sell his financial reform". Does anyone have specifics on this?
[10:28] {Threei} sorry dino, we only have sweet and sour today in menu
[10:28] {dino} none of it matters ron
[10:28] {Threei} Ron, he will speak in NY
[10:29] {Threei} and as we all know, he speaks rarely, so everyone will listen
[10:29] {Les} me asking about kangaroo tail. I see what you mean
[10:29] {RonS} timing? and dino, market will selloff when he opens his mouth, and recover when he shuts up...imo
[10:29] {Threei} timing is political
[10:29] {Threei} positioning for midterm
[10:30] {Threei} the only issue where he is likely to get a traction
[10:30] {Threei} 'I am with you, hating Wall Street fat cats"
[10:30] {dino} anymore i think he's on ignore ron
[10:30] {jfjf64} comon vad dont be a hater
[10:30] {Threei} watch for him to get confrontational in that speech, IMO
[10:32] {Threei} am not jf... I am more like:
[10:32] {Threei} what is it about socialism that no matter how many times it fails, it never loses its charm?
[10:32] {Threei} watching CIEN
[10:32] {dino} its about power
[10:33] {RonS} seems people are hard wired that they can get something for nothing
[10:33] {Les} we can all live in perfect harmony...
[10:33] {Threei} of course Les
[10:33] {fernp} SJM any read, Vad?
[10:33] {Threei} that's what wolves tell sheep just before the dinner
[10:34] {Threei} I would try it fern, but no more than half lot
[10:34] {dino} lol
[10:34] {jfjf64} grr missed my perfect setup look at hig
[10:34] {fernp} ok
[10:34] {dino} apol rinsed
[10:34] {jfjf64} 5 min .20 break
[10:34] {jfjf64} grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
[10:34] {Threei} was clean setup jf...
[10:35] {jfjf64} i need scanner that brings me thatttttttttt
[10:35] {Threei} (GR) German lawmaker: Reiterates views that Greece might need more aid if the country cannot reassure markets
[10:35] {Threei} ***Reminder: On Apr 19th: ECB's Weber stated that Greece might need additional aid beyond the 30B pledged under current framework in comments made to to lawmakers . The WSJ reported that Weber Feels Greece could need approx 80B
[10:35] {Les} looking like scalping day today. MOS ain't playing ball
[10:35] {RonS} dino, cagc flagging. do you think a break play would bring much momentum?
[10:36] {dino} yes
[10:36] {dino} pulp type when going up
[10:36] {Threei} jf
[10:37] {Threei} ISCan signalled HIG JBE at 10:09
[10:37] {Threei} HIG at 10:09 AM 4/20/2010: Crossed daily highs resistance. Next resistance 28.25 from 4/12/2010.
[10:37] {jfjf64} really
[10:38] {jfjf64} need to get
[10:38] {jfjf64} last time i tried was very hard for me to get going
[10:39] {Threei} kidding?
[10:39] {Threei} 3 min procedure
[10:39] {ese} L imgn .74
[10:40] {jfjf64} i was playin around for 3 days
[10:40] {fernp} .80 break is the trigger for CIEN, Vad?
[10:40] {ese} opps .73
[10:40] {jfjf64} lol
[10:40] {Threei} not sure fern
[10:40] {fernp} wide stop, no?
[10:41] {Threei} if you are OK with just using my layout with no modifications, it won't take more than 5 mon to instrall everything
[10:41] {Threei} if you want your own modificvation, then you ned to play with it
[10:41] {Threei} yes fern... fuzzy a bit
[10:42] {Les} gs 161
[10:43] {ese} out imgn 1/2 at .84 remaining .85
[10:43] {jfjf64} sounds lk plan
[10:43] {ese} +.12 basically
[10:43] {dino} stt stopped -.26
[10:47] {dino} klic l .43
[10:47] {RonS} dino, tqnt
[10:48] {dino} may have bottomed
[10:49] {Threei} CIEN Hearing being defended at Credit Suisse (timing uncertain) (16.93, -0.41, -2.36%)
[10:53] {Les} got a read on WFC vad?
[10:53] {Threei} not beyond spelling it
[10:54] {Les} ok was thinking descending triangle to b/d with market help...
[10:55] {Threei} problem is, we have a very narrow range with no follow through
[10:56] {Les} follow through... in market or wfc?
[10:57] {jfjf64} cyh
[10:57] {Les} market I guess
[10:57] {nemo} shy'd it move jf
[10:57] {nemo} why'd it move jf?
[10:59] {jfjf64} nemo 1 minn cleanin my crystal ball
[10:59] {nemo} so, no news?
[10:59] {strider} too much information.
[10:59] {nemo} bah hah aha
[11:00] {jfjf64} imm not a news guy
[11:00] {jfjf64} price vol
[11:00] {jfjf64} thats it
[11:00] {jfjf64} keep it simply
[11:01] {strider} keep it simply what?
[11:01] {jfjf64} .42 break
[11:01] {nemo} o.k. it was earnings realted, where t's at is R3 on pivot, might be done for the day
[11:01] {dino} ron ty on cagc breakout, +.30
[11:03] {dino} ioc hod
[11:03] {Les} mos
[11:04] {RonS} ty +.50
[11:05] {jfjf64} ya with me nemo
[11:07] {Threei} ok... will market break and start its usual "up and up" routine?
[11:08] {Threei} is the question
[11:08] {dino} gj ron
[11:09] {jfjf64} 1/1 nemo
[11:09] {jfjf64} half out
[11:09] {dino} titn to .62
[11:10] {magoo} and part B vad: who is / are best bounce candidates
[11:11] {Threei} WFC is my numer uno, mags
[11:11] {Threei} number
[11:11] {dino} ioc sm l .25
[11:11] {dino} out titn +.13
[11:12] {Threei} CAT too
[11:12] {ese} wtf....keeps cutting me off
[11:13] {ese} if you all don't wanna talk to me just say so
[11:13] {dino} cisg
[11:13] {ese} L nvda .969809
[11:13] {Threei} lol ese
[11:15] {nemo} ah no, got a phone call
[11:18] {strider} GS spike
[11:18] {fernp} WFC .40 breakdown , Vad?
[11:18] {Threei} first attempt at the break is rejected
[11:19] {Threei} not by me fern
[11:19] {fernp} ok
[11:19] {Threei} unless we get some news event killing the market
[11:19] {Threei} my strategy for the day remains breakout or tight range,
[11:19] {Threei} but no breakdown
[11:20] {Threei} again, barring some suddent news development of course
[11:20] {fernp} yes, i understand
[11:20] {RonS} aig
[11:20] {Les} aig got some spunk today
[11:25] {magoo} i hate AIG..and no, didnt try it today
[11:29] {RonS} ...bad 'tude dude. aig as pulpy as a cheetoh. only time i've seen a reverse split work
[11:31] {Les} cat
[11:31] {Threei} Long Setup: CAT .05 break
[11:31] {Threei} it's a play for the market break
[11:31] {Threei} if you don't believe in it, skip it
[11:32] {strider} STOP?
[11:32] {Threei} stop under .90
[11:32] {strider} ty :)
[11:32] {Threei} probably half lot
[11:32] {dino} fdx, ups not participating
[11:34] {Threei} AIG again
[11:35] {Threei} if market starts that break and run, CAT won't be a scalp for me
[11:36] {Threei} 68.50 is not out of question
[11:38] {RonS} imax...wtf...need to keep tis on radar
[11:42] {dino} aos, algt
[11:43] {Threei} CAT held support beautifully, and is very willing
[11:43] {Threei} market help is the only lacking element so far
[11:49] {dino} out klic flat
[11:49] {Threei} see how in a clean setup lines in the sand are drawn
[11:50] {Threei} 67.90 - 68.05
[11:50] {Threei} both are tested, not broken
[11:50] {Threei} shaken, not stirred
[11:51] {Threei} US) Democratic Senate Aide: Senate will not begin debate on financial reform bill until next week
[11:52] {Threei} for odds improvement, it would be great to see this consolidation startinh making higher lows within a range
[11:52] {Threei} for instance, not lose .95 anymore while retesting .05
[11:52] {dino} aos sm l .90
[11:54] {Threei} market is breaking
[11:54] {Threei} CAT, can you follow?
[11:54] {Threei} WFC can
[11:54] {magoo} i smell a bear bar-b-q
[11:54] {Threei} me too
[11:55] {Threei} CAT invalidated for now
[11:56] {Les} wfc broke its range
[11:58] {Threei} mags, jf
[11:58] {Threei} GS 162 break
[12:02] {Threei} (EU) ECB's Weber: "Divergence" in the Euro Zone could hamper monetary policy, sees an "urgent need" to manage the exit from extraordinary policies
[12:03] {Threei} WFC relentless
[12:08] {Les} gs ain't following, what gives?
[12:09] {Threei} you want to learn all the reasons behind all the buy and sell orders?
[12:09] {Les} yes
[12:09] {dino} lol
[12:09] {Les} :Pf
[12:09] {Threei} have mercy on your brain...
[12:09] {Threei} trust me, life becomes so much easier whn you stop thinking
[12:10] {Threei} stocks start behaving, volcanos start chosing other countries to erupt in and girls start liking you much more
[12:11] {Les} hmm now that you put it like that...
[12:11] {magoo} \STEC
[12:11] {magoo} STEC
[12:12] {Threei} first GS target is between .40 and .50 for me
[12:13] {magoo} .44 the 200 vad
[12:13] {Threei} cool
[12:14] {Threei} thought of taking .30 - .35, then greed took over
[12:14] {Threei} chart is clear till 164
[12:14] {magoo} yea..me to, thought about .27, no do
[12:15] {Les} I was dreaming of $1
[12:16] {magoo} was i in it?your dream?
[12:16] {Threei} I don't want to know
[12:17] {Threei} stubborness with which it takes these huge offers is impressive
[12:17] {Threei} saw that?
[12:17] {Les} mags does gs
[12:17] {Les} sounds pornographic
[12:17] {Les} yes
[12:17] {nemo} impressive how the market decides to take off at lunch time
[12:18] {nemo} look at the cat consolidation between .80-..85
[12:18] {Threei} CAT did some other setup
[12:18] {Threei} went up but not on my terms
[12:19] {nemo} yeah, consolidated right near that hammer low and DB'd
[12:19] {Les} out +..20 hoping for reload
[12:20] {magoo} needs to take fitty now
[12:22] {Threei} told you WFC was number uno
[12:22] {Threei} did the best on this market break
[12:22] {Threei} GS went up more in absolute trems but you can't play the same size on GS
[12:27] {Threei} (GE) Germany reportedly extends airspace restriction to 0000 Wednesday
[12:27] {Threei} first portion out
[12:27] {Threei} GS
[12:27] {Threei} .46
[12:27] {Les} airline
[12:27] {Les} airlines
[12:28] {dino} that may explain ups, fdx
[12:28] {Threei} if you want to know the name of a true moder hero, it's Tumpell-Gugerell
[12:29] {Threei} (EU) ECB's Tumpell-Gugerell: Making progress in stabilizing the Euro Zone economy
[12:29] {Threei} offering next portion .90
[12:29] {magoo} .87 here
[12:29] {Threei} .86999
[12:30] {Threei} out 1/4 more .82
[12:31] {Threei} don't want to wait out that another huge offer
[12:32] {magoo} ,85 here
[12:32] {magoo} out
[12:32] {Threei} 163.30 is next target
[12:32] {dino} sm l algt .60
[12:33] {magoo} i have 1/4 left too
[12:33] {Threei} and 163.80 last
[12:33] {dino} too soon
[12:34] {Les} nice play. I stopped out flat 2nd time thinking it was finished. damn that thinking
[12:35] {Threei} told ya
[12:36] {magoo} this type stock all about getting proper entry, giving it enough wiggle room, and letting winner WIN
[12:36] {Threei} and hope Tumpell-Gugerell is opn your side
[12:37] {Les} yeh got burnt earlier friggin around with 161 entry. will let you guys guide me through
[12:37] {magoo} thats what u pay us for
[12:37] {Threei} hardly possible Les... seriously
[12:37] {Threei} this is clear case of play if you understand how,
[12:38] {Threei} there is no way to take you through this kind of play
[12:38] {Les} yeh yeh
[12:38] {Les} but your setup
[12:38] {Les} when I saw it, was what I was lacking earlier
[12:39] {Threei} this is right way to approach it
[12:39] {Les} and stupid me for not monitoring the trade closely. bounced of vwap before pushing higher
[12:39] {Threei} it's like mosaic
[12:39] {Threei} create your trade from many pieces
[12:39] {Threei} one of which can be our comments
[12:40] {Threei} but there is a good reason for me simpl;y saying "mags, jf, GS" insteade of traditional way to alert
[12:40] {Les} out AOS +.25 ty dino
[12:41] {Les} sure vad, but will continue to paper trade it, even when moving over to laser
[12:41] {Les} valuable skill to learn IMO - momo
[12:41] {Les} and these fast movers
[12:42] {dino} algt stopped
[12:49] {Threei} too bad last piece of GS didn't get there
[12:49] {magoo} yea, out
[12:56] {Les} cat 68 again
[12:58] {Threei} pure joy:
[12:58] {Threei} * KSystems_ was kicked by ChanServ
[12:58] {Threei} eternal circle of life... KSystems creates ChanServ... ChanServe kicks KSystsems out..
[13:00] {dino} algt perhaps db
[13:02] {Threei} lol... CNN guy said "pesky volcanic erruption"
[13:02] {Threei} he would fit in our room
[13:04] {dino} cagc animal
[13:17] {magoo} where u like gs vad
[13:17] {magoo} sigh
[13:18] {Threei} pretty random for now
[13:20] {Threei} don't sigh mags
[13:20] {Threei} you really have no reason to
[13:20] {Threei} no stock is readable all the time
[13:21] {Threei} it's not about catching every move
[13:21] {Threei} it's about catching the moment when you can read the move
[13:21] {dino} algt capit
[13:22] {Threei} and you must admit, last few days I did what I rarely do, accomodating your love to extreme movers :)
[13:24] {magoo} YES U DID! and you were smiling too
[13:24] {Threei} rather smirking
[13:24] {Threei} but that's because smile doesn't come naturally to me
[13:24] {Threei} I almost feel like my face is cracking
[13:25] {Threei} muscles that never work suddenly get involved
[13:26] {shorty} c/h on CIEN?
[13:26] {Threei} I don't see it
[13:27] {Threei} why didn't I like IMAX .60 break...
[13:33] {magoo} gun to vads head...i think aapl gets 25 points DOWN after earnings tonite
[13:34] {Les} vad's head is pretty valuable, does it have to be his?
[13:34] {magoo} well, not mine, any suggestions??
[13:34] {nemo} o.k. shotgun to les's head then
[13:34] {Les} ok, vad it is
[13:34] {Les} oh get back in your box nemo
[13:34] {Threei} sigh
[13:35] {nemo} yeah that was beneath me...much to easy
[13:35] {magoo} your not one too stand in front of a lynch mob are u les lol
[13:35] {Threei} not without machine gun at least
[13:36] {nemo} you want a bar or a saw...you can get flanked with those tripod mount jobs
[13:36] {Threei} saw... too messy
[13:36] {Les} bunch of rambos
[13:36] {Threei} and have to let them too close
[13:37] {nemo} Squad Automatic Rifle
[13:37] {nemo} usually in 556 nato
[13:37] {Les} "minimi" in our parlance
[13:38] {Les} http://en.wikipedia.org/wiki/FN_Minimi
[13:38] {nemo} carrying a mini, no there's a chore
[13:39] {Les} the last year of service of the following gun in my army, I was infantry recruit...
[13:40] {Les} http://en.wikipedia.org/wiki/MAG_58
[13:40] {Les} son of a bitch to carry, but when you let rip....booyah
[13:41] {Les} minimi was plastic toy by comparison
[13:41] {nemo} 7.62 is alot of lead
[13:42] {RonS} jef getting shot
[13:43] {RonS} will gs crack 160?
[13:45] {Threei} anyone's guess Ron
[13:45] {Les} I was lucky nemo, went through as transition was occuring from 7.62 to 5.56. got to see two generations of firearm
[13:45] {Threei} (US) US Senators Grassley and Conrad have reportedly introduced more legislation for tax credits for ethanol
[13:45] {Threei} - follow up: hearing Lazard has made positive comments in ethanol names follwing the recent report
[13:45] {nemo} now US going to 6.8
[13:47] {Les} ?
[13:47] {RonS} ...adm must want the price of corn up
[13:48] {Les} USG 20 b/d?
[13:49] {RonS} syk at 52 week high before earnings this pm
[13:51] {RonS} check the 6 mo daily on CREE. 9.5 mil sh short, 15% of float and reports ah
[13:52] {Threei} no read Les
[13:52] {magoo} cree reports after bell
[13:52] {Les} ok
[13:52] {Threei} US) Fed's Plosser: In support of ending emergency powers; current regulatory proposals risk politicizing the Federal Reserve
[13:53] {RonS} lol...like the Fed has never been a political entity
[13:54] {Threei} got a great illustration to that Ron
[13:54] {Threei} gimme a few to find it
[13:55] {Threei} here it is
[13:55] {Threei} notice the name of the image
[13:55] {Threei} http://realitytrader.com/vad/Crime%20of%20the%20Century.jpg
[13:56] {RonS} meaning, you shot that?
[13:56] {Threei} I wish
[13:58] {Threei} and the result of that crime:
[13:58] {Threei} http://realitytrader.com/vad/image001.jpg
[13:59] {Les} what medal is that?
[14:00] {RonS} yep
[14:00] {Threei} ARIA Presents Preclinical Data on Its Investigational ALK Inhibitor, AP26113, Demonstrating That It Can Overcome Mutation-Based Drug Resistance in Cancer Models (3.83, +0.09, 2.41%)
[14:01] {RonS} Presidential Medal of Freedom
[14:01] {Threei} Presidential Medal of Freedom, the highest civilian award in the United States
[14:01] {Les} freedom...lol
[14:02] {RonS} http://en.wikipedia.org/wiki/Presidential_Medal_of_Freedom
[14:02] {Threei} that award took place on November 9, 2005
[14:02] {Threei} couldn't they wait 3 more years?
[14:02] {Les} delicious, just as the bubble is about to burst
[14:02] {Threei} what irony eh
[14:03] {Threei} actually his whole life is full of such
[14:03] {Threei} can you believe he was one of the closest allies of Ayn Rand
[14:03] {Threei} her favorite student
[14:03] {Les} still haven't read this character yet, but yes I remember this fact
[14:04] {Threei} CYCC Oncology Targeted Pipeline Highlighted in Six Presentations at AACR conf
[14:04] {Threei} - CEO: "Among the six abstracts, we are pleased to have data presented for the first time with regar... (2.72, -0.04, -1.45%) more...
[14:05] {Threei} IMMU New Blood Test for Detecting Early Stage Pancreatic Cancer Correlates With Response to Clivatuzumab Tetraxetan Treatment
[14:05] {Threei} 100% with a 68% Specificity... (3.75, +0.03, 0.81%) more...
[14:05] {RonS} wfc battle going on...
[14:05] {Threei} EU) ECB's Weber clarifies earlier reports; claims never told lawmakers Greece would need 80B
[14:07] {RonS} ???...100% w/ 68% specificity?
[14:07] {RonS} i thought humans only had one pancreas
[14:07] {Threei} claims that the figures were based on a false interpretation of what he said
[14:07] {Threei} - Reminder: On Apr 19th: ECB's Weber stated that Greece might need additional aid beyond the 30B pledged under current framework in comments made to to lawmakers . The WSJ reported that Weber Feels Greece could need approx 80B
[14:08] {nemo} usually, but pancreatic cells can break off and create multiple secondary pancreases
[14:08] {Threei} you sure you want full text Ron?
[14:08] {RonS} really? is that a joke?...why do i sound like Les?
[14:08] {Threei} 'cause I can post it... but I bet no one will be able to read it all
[14:09] {RonS} ...no. just an exec brief...:D
[14:09] {Les} piss of Ron
[14:09] {Les} off
[14:09] {Les} :)
[14:10] {RonS} lol
[14:11] {Les} MS close to 30 b/d. a little consolidation....
[14:24] {Threei} mags
[14:24] {Threei} GS
[14:24] {Threei} 161 break
[14:24] {Threei} sto .85
[14:24] {Threei} just a scalp most likely
[14:26] {Threei} same setup again
[14:28] {Threei} not this time
[14:40] {Threei} Long Setup: WFC .55 if holding above .50
[14:42] {nemo} is this a 05 hunt, that was a helluva volume on that rop
[14:42] {Threei} .50 cross is questionable
[14:42] {Les} gs again?
[14:43] {Threei} after one more drop, maybe
[14:43] {Threei} GS, most likely
[14:43] {Threei} (CA) Canada Fin Min: Aiming to create an 'alternative' for the financial transaction tax
[14:46] {dino} ugh
[14:48] {Threei} VXX new 52 week low
[14:48] {Threei} unfrikinbelieavble
[14:48] {Threei} but pleasant
[14:48] {Threei} TIVO...
[14:48] {Threei} I wish market was more active
[14:48] {Threei} this one is a nice climb candidate
[14:48] {Threei} look at daily
[14:48] {shorty} slow climb up
[14:49] {magoo} appl launch
[14:50] {magoo} hit that GS vad.99 -.29
[14:51] {Threei} cool beans
[14:51] {Les} yeh out +.24
[14:51] {Les} still, hard to learn to wait out the pullbacks and save many a stop...
[14:54] {dino} c reverse split talk
[15:00] {fernp} QQQQ if breaks .85, Vad?
[15:00] {Threei} I think so
[15:01] {fernp} ty
[15:01] {fernp} .78 valid stop?
[15:02] {Threei} just under .80, yes
[15:04] {shorty} Threei, did ARRY go momo today? I see it on the chart that it climbed fast, but I was away.
[15:04] {Threei} no
[15:11] {shorty} ZION break?
[15:11] {shorty} never mind
[15:17] {magoo} vad, lets watch GS
[15:17] {Threei} I do
[15:17] {Threei} I juist don't see anything yet
[15:20] {fernp} no go QQQQ
[15:33] {Les} Schwab paying $200M to settle issues with investors who lost in mortgage backed fund
[15:33] {Les} Chucks daily chart is interesting
[15:37] {magoo} gs crazy spike
[15:39] {dptl} good evening all....see ya tomorrow
[15:39] {shorty} bye dptl
[15:39] {RonS} cya dp
[15:40] {dino} cagc hod
[15:41] {RonS} nuts
[15:41] {magoo} surrender
[15:41] {magoo} nuts
[15:41] {dino} sjt drop
[15:41] {Threei} take care dp
[15:42] {dino} too fast
[15:42] {dino} cya dppppppppp
[15:42] {shorty} good night all. See you tomorrow, a demain.
[15:42] {magoo} c u both
[15:42] {dino} damn dial-up
[15:42] {Les} oui oui ciao
[15:42] {dino} cya shortster
[15:42] {magoo} shorty WAIITTTTTTTTTTT
[15:42] {Les} duck
[15:42] {shorty} POW, right in the kisser
06[15:42] * magoo slaps shorty around a bit with a large trout
[15:43] {shorty} lol, thanks
[15:44] {Threei} lol
[15:44] {Threei} take care shorty
[15:49] {Threei} whole afternoon is marked by lack of movement
[15:49] {Threei} as it was a pattern for a long while
[15:49] {Threei} changed lately, but today it's back
[15:54] {Threei} so, who we have today
[15:54] {Threei} AAPL
[15:54] {Threei} ALTR
[15:54] {Threei} JNPR
[15:55] {Threei} YHOO
[15:55] {Threei} GILD
[15:55] {RonS} vmw
[15:56] {RonS} a.m. wfc
[15:57] {magoo} im not playing afterhours
[15:57] {nemo} apppl dropping
[15:59] {magoo} tired..im up...im out
[15:59] {Threei} thank yo all
[15:59] {Threei} have a good evening, see you tomorrow
[16:00] {Les} you gonna have a crack at after hour specials?
[16:00] {jfjf64} good night all
[16:00] {Threei} CSIQ Guides Q1 shipments 189MW to 191MW (21.33, +0.40, 1.91%)
[16:00] {fernp} Good evening everybody. See u all tomorrow
[16:01] {RonS} cya fern
[16:01] {Threei} CSIQ Halted: news disseminated (21.33, +0.40, 1.91%)
[16:02] {Threei} CREE Reports Q3 $0.47 v $0.44e, R$234M v $224Me
[16:02] {RonS} getting smacked
[16:02] {Threei} Guides Q4 $0.48-0.51 v $0.47e, R$255-265M v $242Me
[16:03] {Threei} MSFT To make significant announcement related to SQL server
[16:05] {Threei} YHOO Reports Q1 $0.22 v $0.09e, R$1.6B (unclear if comparable) v $1.2Be
[16:05] {Threei} JNPR Reports Q1 $0.27 v $0.26e, R$913M v $906Me
[16:05] {Threei} GILD Reports Q1 $0.99 v $0.96e, R$2.1B v $2.1Be
[16:07] {Les} tried catching cree on 75 rebound but way to fast for me. c u's tomorrow$
[16:11] {RonS} msft call scheduled for 7:30 pdt in the morning...weird
[16:15] {RonS} stx reported...beat and trading up