Despite somewhat rough start with two small stops on HBAN and FITB, we continued strong with 20 cents win on MGM, nice trade on SKS and whole bunch of scalps on both sides (mostly long though). All in all, good end to a good week. Have also a look at the new partnership we have just forged: http://www.realitytrader.com/blackboxforex.html
Session Time: Fri Apr 23 00:00:00 2010
[08:18] {magoo} morning
[08:18] {magoo} mm
[08:19] {nemo} mm
06[08:23] * magoo slaps Threei around a bit with a large trout
[08:23] {magoo} wake up vad
[08:24] {Threei} okay okay...
[08:24] {Threei} (GR) Greece Fin Min Papaconstantinou: Need to activate aid was due to recent EuroStat revision to the 2009 deficit/GDP ratio and sovereign downgrade by Moody's
[08:24] {Threei} - Say first tranche will be available before May 19
[08:25] {Threei} SP) Spain Deputy PM: Greece request is positive news; Spain cabinet to approve Greek aid
[08:25] {Threei} but of course
[08:25] {magoo} amzn wild last nite ill tell ya
[08:25] {Threei} PALM Pre-market volume attributed to reports that HTC has decided against a bid, with Lenovo emerging as a more credible acquirer
[08:25] {Threei} - Lenovo rumored to be bidding approx $1.3B (current Palm market cap $820M
[08:26] {Threei} Amazon.com Inc Reports Q1 $0.67 v $0.61e, R $7.13B v $6.9Be
[08:26] {Threei} - Guides Q2 Revenues R $6.1-6.7B v $6.4Be
[08:36] {Threei} GR) German CDU: Waiting for IMF-Greek aid discussions to end; To legislate for aid after discussions
[08:36] {Threei} US) MAR DURABLE GOODS ORDERS: -1.3% V 0.2%E; EX TRANSPORTATION: +2.8% V 0.7%E
[08:39] {Threei} GR) PIMCO's El-Erian: Greece is only an early indicator of a general trend we will be seeing more of, expects Treasuries to gain further as investors seek safe havens
[08:40] {Threei} - The Greek crisis will continue to drive capital flows within Europe and between Europe and the rest of the world.
[08:47] {Threei} earlier news, but interesting to read the way they put it in words
[08:47] {Threei} *(GR) GREECE ASKS TO FORMALLY ACTIVATE EU/IMF RESCUE PACKAGE
[08:47] {Threei} - Was of imperative importance to activate the rescue package.
[08:47] {Threei} - PM says Greece's "ship was ready to sink" and was exposed to speculators.
[08:47] {Threei} - Greece will not allow market's speculators to threaten sacrifices made by Greek people.
[08:47] {Threei} - Markets did not respond to EU Summit anounce on support package and have not given the country enough .
[08:47] {Threei} - Hopes decision will bring "safe harbour," Greece has taken painful measures to regain credibility.
[08:47] {Threei} - Will reach our target, to ask the Finance Ministry to formally begin the aid process.
[09:01] {Les} alcohol and antihistimines - the only way to fly during pollen season
[09:02] {Threei} why do you need to fly... if you were intended to you 'd be given wings
[09:02] {Les} i feel like crap, but don't let that spoil everyone else's day. Good morning
[09:02] {Threei} hi
[09:02] {Threei} lol
[09:03] {Threei} btw, yesterday when you decided to leave, we decided you can't
[09:03] {Les} what is this - democracy?
[09:04] {Threei} [13:37] {Threei} I vote against Les leaving
[09:04] {Threei} [13:38] {jfjf64} me tooooooooooooooooooo
[09:04] {Threei} [13:38] {dptl} ye...no slakers :)
[09:04] {Threei} [13:38] {Threei} really
[09:04] {Threei} [13:38] {Threei} fern is in the same time zone, and look - still suffers here with us
[09:04] {Threei} [13:38] {Threei} nopt even speaking of vasilisa
[09:04] {Threei} [13:39] {fernp} true
[09:04] {Threei} [13:39] {Threei} who has 8:40 pm in her neck of the woods
[09:04] {Threei} [13:39] {dino} 1:40 here
[09:04] {Threei} [13:40] {Threei} 10:40 am here
[09:04] {Threei} [13:40] {shorty} 11:40
[09:04] {Threei} [13:41] {Threei} patience, I can't even begin to calculate her time right now
[09:04] {Les} Or are you setting global precedence for tyrannic rule by decree?
[09:04] {Threei} see? voting
[09:04] {Threei} so yeah, democracy
[09:04] {ese} gm
[09:05] {Threei} ese :)
[09:05] {Les} well I can leave mibbit running but will walk away anyway when I have profit target - if that makes you feel better
[09:05] {ese} hey vad
[09:06] {Threei} just give some signal that you are still suffering with us, and we will be more than happy :)
[09:06] {ese} following anything in particular
[09:06] {Les} ha. just being here tells you I'm suffering ;)
[09:06] {Threei} not really
[09:06] {Threei} most of stocks are move together so far
[09:06] {Threei} don't see anything outstanding
[09:07] {nemo} Is Les Leaving ????
[09:07] {Threei} so it's uisual suspects at this point
[09:07] {Les} yeh had enough of your antics nemo
[09:07] {Threei} lol
[09:07] {nemo} wow, Xmas comes early
[09:07] {Threei} pipe down nemo, that was simply his exit for the evening yesterday :)
[09:08] {ese} dude
[09:08] {Threei} AMAN
[09:08] {Threei} AMZN
[09:08] {nemo} well, that ruins my day
[09:08] {Threei} sudden spasm of happiness
[09:09] {nemo} yeah, turned into diarhhea
[09:09] {Threei} lol
[09:10] {Threei} yeah yeah, you both say so... yet Les was unfocused and almost lost on nemo's day off, and nemo has no drive at all when Les is not here
[09:10] {magoo} aig active'
[09:10] {nemo} now you're slinging it
[09:10] {Threei} and I can't imagine what I'd do if you both took day off
[09:10] {Les} Acura Pharma (ACUR) -40% after an FDA panel voted 19-1 against its Acurox painkiller, designed to discourage misuse. The drug uses niacin, which would cause irritation and flushing if patients take excessive doses, but panelists noted the negative effects could be eliminated by eating food or taking aspirin.
[09:11] {Les} you gotta love human beings. smarter than the average pharma...
[09:11] {Les} acur looks like a dino candidate
[09:11] {Threei} GR) German Deputy Fin Min: Speculation about restructuring in Greece is misplaced
[09:11] {Threei} GR) ECBs Weber: Greece is no strong challenge for Euro stabili
[09:12] {Threei} of course not
[09:12] {fernp} Good morning everybody
[09:12] {Threei} fern :)
[09:12] {Threei} (EU) ECB's Nowotny: Aid for Greece should shield other countries from contagion; blames rating agencies for the worsening of the financial crisis
[09:12] {Threei} yesss!!
[09:12] {Threei} that's who caused it all
[09:13] {Les} are these blogs archived long term vad?
[09:14] {Threei} yes
[09:14] {Les} cool
[09:14] {Threei} you can track room logs to the day we started them
[09:14] {Les} I think I could write a book on this place
[09:14] {Threei} 2007 I think
[09:14] {Les} the people in it and the silly BS we are fed by officials every day
[09:14] {Threei} well, since I have copyright on them, you can - but I'll demand my cut
[09:14] {dptl} good morning
[09:14] {Threei} dp :)
[09:14] {Les} ouch
[09:16] {dino} gm all, want to freak out, look esi
[09:16] {Threei} dino :)
[09:16] {RonS} gm all...wondering if ACTG might have some legs...
[09:16] {Threei} ron :)
[09:16] {Les} rewatching Band of Brothers. Damn, you wanna talk sacrifice, there it is. Greek people don't know meaning of the word
[09:16] {dino} good series, pacific is good too
[09:17] {Threei} uh oh
[09:17] {Threei} here goes:
[09:17] {Threei} (SP) Spain Fin Min Salgado: There is no risk of contagion for Spain
[09:17] {dino} bucy blood
[09:17] {dino} lol spain, sounds familiar
[09:17] {RonS} esi move off dv report and reaction
[09:17] {lasertrev} morning
[09:18] {Threei} trev :)
[09:18] {dino} cyber shows last at 16 -96.69, bad print
[09:18] {Threei} ACTG esrning are quite spectacular:
[09:18] {Threei} Acacia Research Corporation Reports Q1 $0.55 v $0.02e, R $40M v $17M y/y
[09:19] {Threei} fern, do you feel like bailing out Greece?
[09:19] {Threei} well, no one bothered to ask you I or any other citizen guess:
[09:19] {Threei} SP) Spain Econ Min: Spain's contribution to aid package is maximum of 3.67B
[09:20] {Les} wow esi is back in play
[09:21] {Threei} what's the problem with it?
[09:21] {Threei} earning and guidance look OK
[09:21] {Threei} Reports Q1 $2.46 v $2.28e, R$384M v $373Me; Guides FY10 higher to $10.50-11.25
[09:21] {Threei} - New Student Enrollment 23.1K v 19.5K q/q
[09:21] {Threei} - Continuing Students 61.5K v 61.2K q/q
[09:21] {Threei} - Total Student Enrollment 84.6K v 80.7K q/q
[09:21] {Threei} - Raises FY10 EPS $10.50-11.25 v $10.40e
[09:22] {shorty} good morning all
[09:22] {Threei} shorty
[09:22] {Les} KEY has a .20 break that is promising
[09:23] {gen} gm all
[09:23] {Threei} gen :)
[09:25] {RonS} syna 13 mil short, 45% of float
[09:26] {dino} 108 area esi has been bounces
[09:30] {Threei} watching HBAN
[09:32] {magoo} 2 pt candle amzn
[09:32] {Threei} Long Setup: FITB 15 break if stays above .95
[09:33] {Threei} Long Setup: HBAN .15 break
[09:34] {Threei} FITB not a scalp for me if sets up
[09:36] {Les} KEY
[09:37] {Threei} no rinsing FITB
[09:38] {Threei} grrr
[09:38] {fernp} stopped FITB
[09:38] {nemo} stop on hban?
[09:39] {Threei} under .10 for scalpers, .05 for day traders
[09:39] {fernp} HBAN stop, Vad?
[09:40] {magoo} yup
[09:40] {magoo} COF vad
[09:41] {Threei} .50 break COF... risky as hell
[09:42] {Threei} LVS
[09:42] {nemo} fas breaking down finanacials are junk for now
[09:44] {Threei} market losing ground
[09:44] {Threei} out HBAN
[09:45] {Les} stopped .13 moved over to the dark side .09
[09:45] {fernp} stopped HBAN
[09:46] {Threei} MGM
[09:47] {ese} xrx xerox beats
[09:47] {Threei} Long Setup: MGM .20 break if stays above .10
[09:47] {KSystems} morning
[09:47] {Threei} ks :)
[09:48] {Threei} invalidated
[09:49] {dino} idxx
[09:49] {shorty} My wife works for IDXX
[09:49] {Les} and you couldn't give us a heads up this morning shorty!
[09:50] {shorty} sorry
[09:50] {Threei} US) Preview: March New Home Sales due out at 10:00ET
[09:50] {Threei} **consensus expectation: 325Ke v 308K prior
[09:50] {Threei} - most estimates range between 310K and 340K
[09:52] {Threei} MGM setup is back
[09:52] {ese} L gild .03
[09:53] {dino} dv
[09:53] {nemo} in
[09:53] {Threei} both LVS and MGM look like runners
[09:53] {nemo} that would be nice
[09:53] {Threei} LVS broke out
[09:54] {ese} i'm in mgm
[09:55] {nemo} what's the stop mgm .10?
[09:56] {Threei} yes
[09:56] {Threei} wth... am I havng one of those days?
[09:56] {Threei} and Fri again
[09:57] {Threei} maybe someone up there is telling me I need to go to 4 days working week {G}
[09:57] {Threei} LVS new high again
[09:57] {Threei} come on already MGM
[09:58] {dino} cs sm .65 l
[09:58] {dino} apol sm l .50
[10:00] {Les} hban stopped
[10:00] {Threei} US) MAR NEW HOME SALES: 411K V 325KE (% M/M
[10:01] {jfjf64} len tkin off
[10:02] {magoo} early rinse vad, hban cof
[10:02] {magoo} fitb
[10:02] {Threei} yes
[10:02] {ese} out gild .33 +.30
[10:02] {shorty} nice ese
[10:03] {Threei} stop to under .15 MGM
[10:03] {ese} tks
[10:03] {Threei} 1:1 finally
[10:03] {Threei} make up your mind
[10:03] {fernp} ty Vad
[10:04] {Threei} me half
[10:04] {Threei} and stop to .19
[10:04] {Threei} me greedy
[10:04] {ese} out mgm .32 +.10
[10:04] {Threei} 25K little buggers
[10:05] {ese} tks vad
[10:05] {Les} half out .33. resistance .45
[10:05] {ese} no 3k
[10:05] {shorty} ty Threei.
[10:05] {ese} one must not be greedy
[10:05] {nemo} shwere's stop now on mgm?
[10:05] {Threei} well, what one to do if one is stupid...
[10:06] {shorty} CIEN THreei?
[10:06] {Threei} [10:04] {Threei} and stop to .19
[10:06] {Threei} CIEN pullback entry hunt is around .85
[10:07] {shorty} ty
[10:07] {Les} you been taking stupid pills Nemo, or you just wanna be like me?
[10:07] {Threei} MNKD Follow-up Safety Data Show AFREZZA Comparable to Standard Antidiabetic Therapy in Lung Function Tests
[10:07] {nemo} the meds suppressing my travelling/homicidal tendencies need rebalancing
[10:07] {Threei} rofl
[10:07] {Les} hehe
[10:08] {shorty} lol
[10:08] {magoo} no quotes on roflol vad
[10:08] {Threei} I have an interesting feeling, you two would be the best drinking buddies should we meet for a party
[10:08] {Les} esi 111 break
[10:08] {nemo} Yeah...I just keep looking at my passport
[10:08] {Threei} it's pink sheets, mags
[10:09] {magoo} ah, the xtra symbol :)
[10:10] {Les} l esi .00
[10:12] {Threei} 1:2, 1/4 more out
[10:12] {Les} all out .39 ty
[10:12] {Threei} me still greedy
[10:12] {shorty} greed is the blood of the economy
[10:12] {Threei} G.Gekko voice in my head
[10:13] {Les} spy rolling over
[10:13] {magoo} thats my voice..im greedIEST
[10:13] {Les} out esi .33 +.33
[10:13] {Threei} oops...
[10:13] {Les} ouch too early
[10:13] {Threei} so that was you all these years whispering in my ear "stop with all that risk control nonsense, buy it all and close your eyes"??
[10:14] {Les} I've made my daily quota. can I leave now?
[10:14] {Threei} NO!!!
[10:14] {dino} idxx sm s .75
[10:14] {Threei} we voted on that yesterday
[10:14] {Threei} stay and suffer!
[10:14] {shorty} You show off Les.
[10:15] {Threei} IDXX Exec: received subpoena from FTC regarding marketing; investigation is in early stages -conf call comments
[10:15] {shorty} b/o .86 FITB?
[10:15] {nemo} His daily quota is 2 litres of beer
[10:15] {Threei} MGM stop to .25 for the last piece
[10:15] {Threei} no shorty
[10:15] {shorty} ty
[10:15] {Threei} not the sector in play so far
[10:16] {Les} it's not much shorty. Being modest in profit targets for 1st year (real money) tradiung
[10:16] {dino} mos sm l .50
[10:16] {shorty} I was kidding Les. I am just jeleous.
[10:17] {shorty} jealous
[10:17] {Les} don't be. I am learning to back off with much more modest profits than what I imagined when I first came to vad
[10:17] {RonS} aig on a trend...
[10:18] {Threei} les, those will come too, it's simply a matter of walking before running
[10:18] {Les} bingo
[10:18] {Threei} oh dino, this beauty was posted before you came in today, I must repost it for you
[10:18] {shorty} I thought the same Les. The market kicked that thought out the window in a hurry.
[10:19] {Threei} you know who caused Greece crisis, right?
[10:19] {Threei} in case you don't:
[10:19] {shorty} magoo?
[10:19] {nemo} speculators
[10:19] {Threei} - PM says Greece's "ship was ready to sink" and was exposed to speculators.
[10:19] {Threei} - Greece will not allow market's speculators to threaten sacrifices made by Greek people.
[10:19] {Threei} those bastards...
[10:19] {Threei} all humanity problems are their doing
[10:20] {Threei} out last part MGM
[10:21] {ese} L uaua .08
[10:21] {dino} stopped idxx -.30
[10:21] {gen} LVS short +.41
[10:21] {Threei} DCTH Hearing takeover chatter in name (13.18, +0.25, 1.93%)
[10:21] {gen} done for today
06[10:21] * Threei slaps gen around a bit with a large roll of cash
[10:22] {gen} see you all
[10:22] {gen} bye
[10:22] {Threei} take care gen
[10:22] {Threei} that's what they call vene vidi vici I guess
[10:22] {fernp} bye gen
[10:22] {ese} cya gen
[10:22] {dino} cya and gj gen
[10:23] {shorty} bye gen
[10:23] {jfjf64} sndk monster
[10:23] {Les} How's that for blatant favouritism!
[10:23] {Les} Gen walks, and no one bats an eyelid
[10:23] {Threei} well Les, two things
[10:24] {Threei} one, he is from deeply frozen part of the world
[10:24] {Threei} he deserves some slck
[10:24] {shorty} lol
[10:24] {dino} wheres he from?
[10:25] {Threei} winnipeg
[10:25] {Les} isn't that in Mexico?
[10:25] {Threei} and second.. there is an old joke about the guy who heard from a neighbor that he ate pork despite rabbi strict prohibition
[10:26] {Threei} guy went to rabbi to demand permission,
[10:26] {Threei} and when told no asked how come my neighbor does it but I can't?
[10:26] {Threei} answer as you may have figured out already was:
[10:26] {Threei} see, he never asked me!
[10:26] {Les} ugh
[10:27] {nemo} like fdx break of .50?
[10:27] {Threei} see gen asking us whether he can leave?? :)
[10:27] {Les} not going there
[10:27] {Threei} yes hemo, but halt lot
[10:27] {Threei} volatile one
[10:27] {nemo} I'm not blood
[10:29] {nemo} invalimudated
[10:29] {ese} stoped uaua ..03 -}05
[10:30] {Threei} Reportedly G20 seeing large resistance to proposed bank levy
[10:30] {Threei} *note: Canada has been reported over the past few weeks as being opposed to such a measure
[10:32] {dino} f'ng idxx rinsed me and drops a buck
[10:32] {Les} syna .50 b/d?
[10:32] {Threei} probably
[10:32] {Threei} half lot
[10:35] {nemo} nice on syna, jumped right past my order
[10:35] {Les} scalped for +.12
[10:35] {Les} ty
[10:36] {Threei} GE) German Fin Min: expect to meet with German lawmakers on Greece aid on April 26
[10:37] {fernp} XRAY breakout, Vad?
[10:37] {dino} out cs .85, +.20
[10:37] {Threei} I'd really prefer a pullback entry fern
[10:37] {fernp} ok
[10:42] {fernp} CY breakdown, Vad?
[10:43] {Threei} yes, if stays under .05
[10:43] {fernp} ty
[10:43] {nemo} bog offer .02
[10:45] {dino} dv sm l .99
[10:45] {dino} idxx sm s .75
[10:49] {dino} dv stopped
[10:49] {Threei} PFE FDA posts warning letter on inspection of facility; released 4/9
[10:50] {Threei} can't tell the most likely markjet direction for now
[10:52] {Les} s esi .47
[10:53] {Threei} CY 1:1
[10:53] {fernp} 1:1 CY ty Vad
[10:53] {Threei} good spot fern
[10:53] {Les} dino, your read of esi please. db?
[10:54] {Les} or death
[10:54] {Threei} lol
[10:55] {dino} esi coin toss
[10:56] {Les} ok
[10:56] {dino} watch dv, esi, apol together for sign les
[10:57] {dino} i suppose break of .50 esi l
[10:57] {dino} dv moves up
[10:57] {Les} out flat. yes agreed
[10:58] {Threei} Les, remember that article you linked recently, by former convict, about mechanics behind the Fri announcement of SEC case?
[11:00] {Threei} he iehter doesn't remember or just ignores me :)
[11:01] {Les} I do have a life away from the screen vad
[11:01] {Les} sure I remember
[11:01] {Threei} good for you
[11:01] {Les} :P
[11:01] {Threei} so I had a thought (and yes, it gurt)
[11:01] {Threei} hurt
[11:01] {Threei} if he is right, and if SEC plans other suits against other banks,
[11:02] {Threei} Fridays may be come announcement days
[11:02] {Les} fas/market should be telegraphing us that signal
[11:04] {ese} Lstx .49
[11:05] {Les} some really choppy action in finnies today
[11:05] {Les} bear meat grinder
[11:05] {magoo} 6 point pllbk amzn vad
[11:05] {magoo} was 140 afterhours
[11:06] {Threei} mags
[11:06] {Threei} GS
[11:06] {Threei} short
[11:06] {Threei} 159 break
[11:09] {magoo} AMZN read vad??
[11:09] {RonS} kindle
[11:09] {dino} esi db now imo
[11:09] {Les} ok
[11:10] {nemo} mos dino
[11:11] {Threei} one more pullback AMZN, and should become long around .30 - .40
[11:12] {Les} gs long here?
[11:12] {Threei} GS short never triggered and invalidated now, but long becomes a play, yes
[11:12] {Threei} .53 offer break probably
[11:13] {dino} mos in its own world today, pot up, cagc up
[11:16] {Threei} .36 bottom for the pullback
[11:17] {Threei} 11:11] {Threei} one more pullback AMZN, and should become long around .30 - .40
[11:17] {Threei} how's that for precision?
[11:17] {Threei} magoevski
[11:17] {Threei} you got it?
[11:18] {magoo} no, no bullets
[11:18] {magoo} took cof
[11:18] {Threei} ok, let me hget this straight
[11:18] {Threei} you yell at me
[11:18] {Threei} I drop everything
[11:18] {Threei} wake up
[11:18] {fernp} HD vad? any read?
[11:19] {Threei} worth a try fern
[11:19] {Threei} start reading AMZN
[11:19] {Threei} hurt my eyes with that goshdarn kindle thingy
[11:19] {Threei} find an amzingly precise entry point in advance
[11:19] {dino} out esi .47, +.47 ty les
[11:20] {Threei} removed about 50 cents from where AMZN was at the moment
[11:20] {Threei} and you ignore it
[11:20] {Threei} that's it
[11:20] {Threei} I am removing myself from the cruel world
[11:20] {Threei} going to Tobet monastery
[11:20] {fernp} HD stop is .15 or .10, Vad?
[11:20] {dino} gun to the head?
[11:20] {fernp} took .20 break
[11:21] {Threei} both are valid fern
[11:21] {fernp} ty
[11:21] {Threei} no dino, just using it as an excuse to drink with monks for a few months
[11:24] {jfjf64} see all later
[11:24] {jfjf64} nice week vad
[11:25] {Threei} take care jf, have a good weekend
[11:25] {Les} gs 159
[11:26] {dino} cya jf
[11:30] {Les} HBAN looking ready for a break. can't see which way
[11:32] {Les} gs b/d now?
[11:32] {Les} .90?
[11:32] {fernp} HD no go
[11:37] {dino} idxx bstop to .44
[11:38] {Les} dino, read on dv please?
[11:38] {dino} cov +.30
[11:39] {magoo} l amzn cross of .50 risky
[11:41] {magoo} never mind
[11:43] {dino} down
[11:44] {Threei} ABIO
[11:44] {Threei} ARCA Biopharma Hearing strength being attributed to chatter that they received approval for SPA (timing uncertain)
[11:44] {Threei} - SPA is special protocol assessment for the design of a clinical trial to assess the safety and efficacy of Gencaro.
[11:45] {dino} ctsh sm l .10
[11:45] {fernp} FULT if breaks .60, Vad?
[11:45] {dino} dv les, looks like dead varmit
[11:45] {Threei} I like it... .63 yesterday's and 52 week high
[11:46] {fernp} ty
[11:46] {Les} yeh thought it would hold 69
[11:47] {dino} gap below around 65
[11:48] {dino} gets close, it it
[11:48] {dino} hit it
[11:51] {Threei} ABIO got away big time
[11:52] {shorty} CIEN nearing .82
[11:55] {dino} cqp
[11:56] {fernp} RHI Vad? you like it?
[11:56] {Threei} chart is right but they all stalled
[11:57] {Threei} see how FULT doesn't dio anything
[11:57] {Threei} market is frozen
[11:57] {fernp} yes. true, ty
[11:59] {Threei} well, I was unfair to FULT
[12:00] {Threei} just 15 min later it's up 3 cents
[12:00] {ese} so far so good stx
[12:01] {Threei} I mean 5 cents
[12:01] {Les} half out .66
[12:01] {fernp} my stop is under .53
[12:04] {Threei} Merck & Co Inc Sees impact from healthcare legislation; expects $150M charge in Q1; affirms target for high single digit EPS growth for 2009-2013
[12:04] {Threei} - The more significant changes and improvements to coverage and access begin in 2014. Many companies will begin to incur costs related to the Health Care Reform legislation starting in 2010. These costs include increased Medicaid rebates and a one-time non-cash charge related to taxes on post-retirement medical benefits.
[12:04] {Threei} - Accordingly, in the first quarter of 2010, Merck anticipates that Medicaid rebates and other impacts will reduce revenue by approximately $35M
[12:05] {Threei} For the full year 2010, Merck anticipates that the increased Medicaid rebates (including Managed Medicaid) and other impacts will reduce revenue by approximately $170M, which includes the first quarter impact of $35M mentioned above.
[12:05] {Threei} - estimates that the unfavorable sales impact related to the passage of this legislation, in 2011 will be approximately $300-$350M.
[12:06] {Threei} so, on a surface plan works - there is a wealth redistribution from companies to people
[12:06] {Threei} in reality I suspect it won't
[12:06] {Threei} either companies simply add the cost to their prices
[12:06] {Threei} thus triggering next inflation wave
[12:07] {ese} out stx 1/2 .64 +.15
[12:07] {Threei} or they don't for this or that reason, and it results in job loss
[12:07] {shorty} with higher interest rates?
[12:07] {Threei} ?
[12:07] {Threei} sorry, lost me
[12:07] {shorty} inflation wave?
[12:07] {Threei} what;s the connection?
[12:08] {Threei} they pay more in benefits, they injcrease prices - classic inflation spiral
[12:08] {ese} out in full +.12 second 5k
[12:09] {Threei} wtg ese
[12:09] {Threei} imagine simplified scheme:
[12:09] {ese} tks.....waited on it and was averaging in below .50
[12:09] {Threei} there is just one company and 10 workers, they are also buyers of company's product
[12:10] {Threei} company sells item for 100 bucks and pays 50 to workers, 5 a head
[12:10] {Threei} something eats into company's bottom line
[12:10] {Threei} in this case this something is payout to workers
[12:11] {Threei} instead of 50 it has to pay 80, 8 a head
[12:11] {Threei} company adds 30 to product cost
[12:11] {Threei} so now it's 130, payout is 80
[12:12] {Threei} nothing changed except a step is made in inflation
[12:12] {Threei} independently of interest rates
[12:12] {shorty} that was a nice explanation
[12:13] {Threei} FED monetary policy justifiers made everyone believe interest rates is the only factor and lever in inflation
[12:13] {Threei} end all be all
[12:13] {Threei} it's far from truth
[12:13] {RonS} ...and government excludes the company from "official" inflation, so there is none
[12:13] {shorty} If you have an explanation for why interest rates go up to slow inflation that would be great, or I can google it.
[12:13] {Threei} well, the idea is:
[12:13] {Threei} there is cost to money
[12:13] {shorty} interesting RonS.
[12:14] {Threei} since economy is based on borrowing
[12:14] {Threei} you provide cheap money - demand increases
[12:14] {shorty} demand increases
[12:14] {Threei} you want to cool demand down - you increase rates
[12:14] {shorty} got it.......
[12:14] {shorty} ty
[12:15] {Threei} fine in thoery
[12:15] {Threei} in practice, ever since Fed came into existence, inflation eliminated bout 95% of dollar cost
[12:15] {Threei} 1913 dollar is about 3-5 cents of today's
[12:16] {Threei} ummm... other way around, lol
[12:16] {shorty} a lot of things look good on paper, but don't necessarily work once applied.
[12:17] {Threei} yeah... russian saying, hard to translate somewhat... "Smooth ride on papermap, too bad there are chasms in the ground"
[12:17] {shorty} dino, ZION reversal here? at resistance.
[12:18] {Threei} dptl will help with better tanslation when puts down that galss with vodka
[12:18] {shorty} i like that saying Threei.
[12:18] {RonS} ...running FIG
[12:20] {RonS} IYR tops 52 wk high today
[12:20] {Threei} another important thing to remember about inflation as far as its impact on us goes:
[12:21] {Threei} inflation is not necessary universal, in a sense of spread evenly
[12:21] {Threei} if computers ad DVD players and big screen TVs got cheapr but drugs got more expensive,
[12:21] {Threei} impact on you will depend on whether you are 25 or 75
[12:22] {shorty} Thanks for the lesson guys. It's a lot more clear now.
[12:22] {dino} zion dk
[12:22] {fernp} 1:1 FULT
[12:23] {fernp} ty Vad
[12:23] {Threei} :)
[12:23] {Threei} and then there is galloping inflation if things go to hell in a handbasket, and currency loses its value in 1000%
[12:23] {Threei} for the most of civilized world it's pure theory
[12:23] {shorty} That is when I head for the hills
[12:23] {Threei} but I witnessed it and let me tell you,
[12:23] {Threei} when you see an old man who put away 10K roubles by saving his whole life
[12:24] {Threei} when a car cost 5-6K
[12:24] {Threei} looking at the shelf where a box of matches sits
[12:24] {Threei} with price label 25K
[12:24] {Threei} you don't laugh
[12:24] {Threei} this is life destruction, pure and simple
[12:25] {shorty} wow.....I have been pampered my whole life. I used to cry because I didn't get frootloops, but instead got cheerios for breakfast.
[12:26] {RonS} ...but let's not talk about yesterday Shorty...
[12:26] {nemo} notice for all these "good" earnings announcements, the market really isn't moving
[12:26] {shorty} lol
[12:26] {Threei} yes nemo but it dodn't drop on a day when most earning were bad either
[12:27] {RonS} sks winding up, see a play here 3i?
[12:27] {Les} 2nd half out fult ty fern
[12:27] {Threei} it opened down and recovered
[12:27] {Threei} SKS runs with retailers strength...
[12:28] {Threei} is there clear leader in that sector?
[12:28] {Threei} not that I see right away
[12:28] {Threei} I like chart Ron
[12:29] {RonS} been a laggard but w/ 42% of float shrot just thinking that a squeeze here
[12:29] {Threei} I am not sure it's a right time for this chart
[12:29] {Threei} but the risk is minimal if it breaks from here
[12:29] {Threei} so why not
[12:29] {Threei} both daily and intraday are beautiful
[12:30] {RonS} sks serious squeeze could mark a retail top. But the real story in the dicretionary run has been the casual diners. Look at things like cmg and cake...sheesh
[12:32] {magoo} read FCX vad??
[12:32] {Threei} none
[12:35] {ese} I'd like to reiterate nemo's comment about the mrkt not moving much on good earnings announcement....plus it seems to me that stocks are trading a litte thinner
[12:36] {ese} L gild.17
[12:40] {Les} ESI setting up
[12:43] {Threei} lol, got bored with waiting and set up automated entry for SKS, to experiment with it
[12:43] {Threei} worked like charm
[12:44] {Threei} set stop limit with .85 trigger, .86 chasing
[12:44] {Threei} got me in at .85 after fitst print at that price
[12:45] {Threei} who wants this kind of things, OMS module works perfectly on Laser
[12:45] {Threei} MNKD Hearing Rodman Renshaw makes positive comments (timing uncertain)
[12:45] {Threei} Note: Earlier MNKD released information showing Follow-up Safety Data on AFREZZAComparable to Standard Antidiabetic Therapy in Lung Function Tests
[12:47] {fernp} SKS stop is under .80, no Vad?
[12:48] {Threei} for scalp, yes
[12:48] {Threei} cute little C&H
[12:48] {fernp} ty
[12:48] {Threei} if want a trade based on daily strength, short squeeze etc, suopprt is 9.70
[12:49] {Threei} and for a swing trade, 9.50
[12:49] {fernp} is friday... .79 is my stop :-)
[12:49] {Threei} can't blame you :)
[12:49] {Threei} just providing reads for all possible types
[12:50] {Threei} and we have a few impossible here
[12:50] {fernp} i know
[12:50] {Threei} (fern slants at les and nemo)
[12:50] {fernp} lol
[12:51] {Les} huh my name mentioned?
[12:53] {Les} out esi +.26
[12:54] {fernp} MOS 53.10 break, vad?
[12:55] {Threei} chart is perfect
[12:55] {Threei} with clear sailing for 30 cents at least
[12:55] {Threei} if nly market helps
[12:55] {fernp} 53.05 break is valid too?
[12:56] {Threei} I'd prefer .10
[12:56] {Threei} a lot of nasty orders there
[12:56] {fernp} ok
[12:57] {Threei} EUR/USD (FR) France Fin Min Lagarde: Greece aid package should stabilize the Euro; all members in favor of a stable Euro as volatility is 'not good'
[12:57] {Threei} neither are those damn speculators
[12:57] {Threei} they strive on that damn volaitlity
[12:57] {Threei} if only we could drown them all
[12:59] {Threei} SKS baby
[12:59] {fernp} stop under 53 or .95, Vad?
[12:59] {Threei} 53
[12:59] {fernp} ty
[12:59] {Threei} pesky scalpers got 1:1 SKS
[13:00] {Threei} nice spot Ron
[13:00] {Threei} and fully automated trade for me via OMS
[13:01] {RonS} yw
[13:02] {fernp} ty for SKS Ron. out here
[13:02] {Threei} FDIC's Bair: new resolution authority will make it clear to markets that there will be no more govt bailouts - CNBC interview
[13:02] {Threei} really?
[13:03] {Threei} heh
[13:03] {Les} aig looking for hod
[13:04] {RonS} ...until there are no bailouts on big fails the amrket will think there will be bailouts...what planet is she on?
[13:04] {Threei} amazing,... real problem (overleveraged bad loans) is totally substituted by fake one (damn derivatives)
[13:04] {nemo} It's like GM paying back their debt
[13:04] {nemo} all BULLSHIT
[13:04] {nemo} TAURINE EXCREMENT...sorry
[13:04] {Threei} right
[13:05] {RonS} quit parsing words nemo
[13:05] {Threei} to put an analogy to it,
[13:05] {Threei} derivatives is insurance
[13:05] {shorty} I thought they only have to pay a portion of it?
[13:05] {Threei} if more than certain % of insured claim their payout, insurance comoany goes belly up
[13:05] {Threei} any of them
[13:06] {RonS} ...people are so stupid...modern life and civilization itself is a derivative
[13:06] {Threei} their screams that AIG made out more best than it could cover is BS
[13:06] {Threei} any insurance comoany works like this
[13:06] {Threei} none of them can cover all its bets
[13:06] {Threei} it's and odds game
[13:06] {Threei} and = an
[13:06] {Les} esi pullback 111
[13:07] {Threei} if there were no bad loans in such overwhelming numbers, there would be no problem with deriivatives
[13:07] {fernp} MOS 1:1
[13:07] {Threei} root of the disaster is those loans
[13:07] {Les} aig .90 break?
[13:07] {Threei} good one fern
[13:07] {Threei} can't tell les
[13:07] {RonS} ...am holding for the .30
[13:08] {Threei} SKS 1:2
[13:08] {fernp} ty vad
[13:08] {dino} ed's waking up
[13:08] {dino} apol and dv sm l break of .00
[13:10] {Threei} FDIC's Bair:
[13:10] {dino} oh no
[13:10] {Threei} - says wind down authority is necessary; bankruptcy of large firms would be too abrupt for markets, noting Lehman as an example.
[13:10] {Threei} - highlights that the process for large banks will be similiar to that of what smaller banks undergo every Friday (reference to the FDIC closures released on Fridays); including removal of senior management, creditors and shareholders will deal with similiar situations of bankruptcy, secured creditors will be compensated to the extent of collateral
[13:10] {Threei} - resolution authority will require counterparties to make good on commitments (highlights this is in contrast with the Lehman failure where counterparties took out better quality collateral)
[13:10] {Threei} - expects bank failures to peak by end of this year (more than 140 for 2010, which is less than forecast three months ago)
[13:14] {RonS} rails just keep chugging
[13:16] {Threei} 60% Say Capitalism Better Than Socialism
[13:17] {Threei} and 40 % can't read
[13:17] {fernp} only 60%?
[13:17] {magoo} oh yeah..well 40% say it isnt he he
[13:17] {Threei} 18% disagree, while 21% are not sure
[13:17] {Threei} sorry... 21% can't read
[13:17] {Threei} and 18% can't make a damn cent and need someone to hand it to them
[13:18] {Threei} NUNAM
[13:18] {Threei} NUAN
[13:18] {Threei} NUAN Reportedly looses patent infringement case against Microsoft (18.17, -0.24, -1.30%) (related MSFT )
[13:18] {Threei} USD/CNY G20 communique likely to refrain some specific mention of the Yuan - unconfirmed report
[13:18] {Threei} - Communique may or may not mention Greece issue
[13:19] {nemo} rimm could be short under .60
[13:19] {dino} mos sm l .10
[13:20] {Threei} hah
[13:20] {Threei} here is interesting dichotomy confirming that most can't read:
[13:20] {Threei} However, its important to note that just 35% believe a free market economy is the same as a capitalist economy. In fact, despite tepid support for capitalism, 77% of Americans prefer a free market economy rather than a government managed economy. Thats consistent with the 75% who say that business is better at customer service than government.
[13:23] {Les} whatever. I leave you with your strange anecdotes. bon weekend a tous
[13:24] {Les} drinkies time! and a movie would be nice tonight. ciao
[13:24] {Threei} sigh
[13:24] {shorty} salut Les, bon weekend aussi.
[13:24] {nemo} feels much better already
[13:25] {Threei} you serve them one winning trade after another, and they don't want to listen to your strange anecdotes... :(
[13:25] {nemo} I neveer said that
[13:29] {RonS} ...sheesh, snowing here...poor tulips...
[13:30] {Threei} wow
[13:30] {shorty} Denver is worse than Calgary RonS.
[13:31] {RonS} ...in the Spring the lows come from the gulf and big snow can happen as the moisture hits the altitude
[13:31] {RonS} ...tomorrow will be 50 and sunny...
[13:32] {ese} i dunno about that shorty....i lived in calgary for a year and man....most days you get all 4 seasons together as well as all 3000 weather conditions at once
[13:32] {ese} every couple of days
[13:33] {RonS} popular local saying here...if you don't like the weather wait 10 minutes and it will change
[13:33] {ese} big time true for calgary
[13:34] {shorty} True ese. You lasted a year? I need to move to BC.
[13:35] {ese} taught at Senator Riley Senior Secondary in High River
[13:36] {shorty} Do you have a read for CIEN Threei?
[13:36] {ese} my wife got a job here and i followed her career
[13:36] {RonS} ...what a short name...
[13:36] {ese} have never looked back....that was 22 years ago
[13:37] {shorty} High River, every year residents pump out water because of flooding. lol I would not move to a place called High River. I have friends there.
[13:37] {shorty} Trying to get my wife to move to Victoria actually.
[13:38] {RonS} lol, and i thoought it was a river with a lot of joints...
[13:38] {shorty} lol
[13:39] {ese} also...the one and only time i thought i was going to die.......flying into calgary coming down out of the moutains.....plane hit some kind of weird air vacume and litterally dropped out of the sky a few people didn't have there seat belts on and endedup on the ceiling of the plane
[13:39] {magoo} vad, lets look for bounce plays in gs and amzn
[13:40] {RonS} dino mos is killin me. you still in?
[13:41] {shorty} ouch ese.
[13:42] {ese} i had my seat belt on......when ever i'm flying anywhere....i arrange it so that i don't land in calgary........unless it's absolutley necessary
[13:43] {shorty} Anyone see a b/o play for CIEN .08? Looks like accumulation is happening.
[13:43] {Threei} CIEN... not really
[13:43] {RonS} ...shold only happen on summer afternoons ese...
[13:43] {shorty} Calgary and Denver ese. I always have my seatbelt on whenever I fly, because of stories like yours.
[13:44] {shorty} ty Threei
[13:45] {Threei} AMZN , mags...
[13:45] {Threei} a few more min of conlsolidation
[13:45] {Threei} then break
[13:46] {Threei} no chasing, let it pull back
[13:46] {magoo} in 142.60 boss
[13:47] {ese} i would think Denver would be the same Ron......weird air currents coming out of the mountains can't make it eay for jpilots
[13:47] {magoo} thought u were blowing me off cause of last time
[13:47] {nemo} How id you pick 142.60?
[13:47] {ese} easy
[13:48] {magoo} yea...near lows..ytake .60 stop loss of .50 little risk
[13:48] {magoo} clrity, stop is the loss of .50
[13:48] {ese} come on gild.......
[13:49] {magoo} play the levels...00 .50
[13:49] {magoo} next hurdle is .50
[13:51] {magoo} natural stop now is .99, and if it re-takes 143.00 just reload it...the ole IN and OUT
[13:53] {magoo} i wanna catch a RIPPPPPPp..mega points but it aint happening
[13:54] {nemo} Vad, wish you had answered me on that RIMM short at .60
[13:54] {Threei} when?
[13:54] {Threei} sorry, I missed it completely
[13:54] {fernp} Have a nice weekend everybody. See you all on monday
[13:55] {Threei} take care fern, have a good one
[13:55] {RonS} cya fern
[13:55] {ese} 1/2 out gild .26 +.09
[13:55] {nemo} [13:19] {nemo} rimm could be short under .60
[13:55] {magoo} FERN WAITTTTTTT
[13:55] {ese} remainder to break even .17
06[13:55] * magoo slaps fernp around a bit with a large trout
[13:55] {ese} stop on remainder
[13:56] {fernp} thank you mags. I feel better, You are back
[13:56] {shorty} bye fernp
[13:56] {Threei} that was nice one, RIMM
[13:56] {Threei} good setup, I'd have liked it if saw your post
[13:58] {ese} out in full gild .33 +.14 on remainder
[13:58] {magoo} MGM climbing strong..not in
[13:59] {magoo} amzn needs to blitz .50, hold .50 on pllbk and assualt 144
[14:03] {dino} pega
[14:04] {magoo} gs l take of .50
[14:04] {dino} out ctsh +.03 thing won't move
[14:06] {magoo} out amzn + .57
[14:06] {magoo} cant get the RIP
[14:06] {magoo} UAUA
[14:06] {Threei} it's Fri
[14:06] {magoo} UAUA
[14:13] {dino} pega sm l .06
[14:16] {magoo} AIG ate big offer at .60
[14:17] {Threei} http://www.realitytrader.com/blackboxforex.html
[14:18] {dino} rino .76 sm l
[14:18] {KSystems} beautiful :D
[14:18] {Threei} UAUA Hearing strength attributed to positive comments from JP Morgan analyst (timing uncertain)
[14:18] {Threei} - JP Morgan raises estimates and price target boosted to $27.50 from $25.50
[14:24] {magoo} ty boss
[14:24] {RonS} c&h daily on glw w/ earnings 4/28
[14:25] {magoo} out .47
[14:25] {magoo} + .18
[14:25] {magoo} UAUA
[14:29] {magoo} now nemo, good exam of what i was saying
[14:29] {magoo} out .48, reloaded .50 out .67
[14:29] {nemo} in what uauau
[14:29] {magoo} yea
[14:29] {magoo} just cause take out, doesnt mean u cant reload
[14:30] {dino} out apol +.10
[14:31] {dino} out mos +.28
[14:31] {Threei} magoo
[14:31] {shorty} amazing dino
[14:32] {Threei} in venue of over-the-weekend sould-searching, do you know what your greatest strength is?
[14:32] {magoo} ignorance??
[14:32] {Threei} no, that's mine
[14:32] {Threei} don't compete on my turf
[14:32] {Threei} ease with which you move in the market and out of it
[14:33] {magoo} ability to sleep thru anything??
[14:33] {Threei} for a lot of people each new trade is almost agonizing decision
[14:33] {Threei} for you it's just a click
[14:34] {Threei} this liquidity is a huge help in mobile market
[14:34] {magoo} i flip alot each day]
[14:34] {magoo} long short dont care
[14:35] {magoo} reload uaua .75
[14:35] {magoo} in
[14:35] {magoo} try .93
[14:35] {magoo} in amzn too 143
[14:35] {Threei} also, you are hyperactive {G}
[14:35] {magoo} but thanx i guess lol
[14:36] {magoo} there is a method tho..was trying to convey that
[14:36] {dino} sm l pot .07
[14:36] {Threei} totally
[14:36] {Threei} method, self control and ease of execution... golden combination
[14:37] {magoo} out .90 2k, +.15 see
[14:37] {magoo} a methiod
[14:41] {magoo} if i could only catch a RIPPPPPPPPP in amzn
[14:41] {magoo} id call it a day
[14:41] {magoo} no i wouldn't :)
[14:41] {Threei} lol
[14:41] {magoo} i want 145 area
[14:42] {Threei} in life, we don't always get what we want
[14:42] {nemo} any bets we end on day highs
[14:43] {RonS} out sks 10.7 +.37 :), scratched mos :/
[14:43] {Threei} wtg Ron
[14:43] {RonS} 10.7=10.17
[14:43] {Threei} beautiful trade
[14:44] {shorty} I missed that one
[14:44] {Threei} everything came toghther for it
[14:44] {Threei} charts in all time frames, fundamentals, right sector, short squeeze and market help
[14:44] {Threei} rare case when it's this easy - AND works
[14:44] {RonS} ya know, last Friday, i saw a rather young mand driving a new Ferrari w/ the license plate: SHRTSQZE
[14:45] {Threei} lol
[14:45] {magoo} ROFLOL
[14:45] {RonS} ...it really stuck me, but i was kinda embarrased to bring it up
[14:46] {RonS} stuck=struck
[14:46] {magoo} actually, thats AWESOME
[14:46] {Threei} I can see magoo ordering plate saying "I live for MOMO"
[14:47] {RonS} momomagoo
[14:47] {magoo} MOMOTRDR
[14:47] {Threei} or "LOCO RULEZ"
[14:47] {magoo} id buy a porsche tho
[14:47] {Threei} Cayenne too
[14:48] {shorty} lol
[14:49] {magoo} id keep eye on GS here
[14:49] {magoo} out of bullets me
[14:49] {magoo} loaded up amzn
[14:49] {RonS} ...if you drive a Cayenne in Cheyenne can you still be a cowboy?
[14:50] {RonS} absolute proof ther is no justice: http://www.msnbc.msn.com/id/36723890/ns/us_news-wonderful_world/?GT1=43001
[14:50] {shorty} A coka cola cowboy maybe, I have no idea what that means, but my ranching buddies would call city folk that name.
[14:51] {shorty} I wonder if he will buy a set of teeth.
[14:51] {RonS} teefs
[14:51] {Threei} lol Ron
[14:52] {shorty} lol
[14:52] {Threei} had just $28.96 in his bank account; plans dentistry, Disney trip
[14:52] {Threei} your question is answered shorty
[14:52] {Threei} he will
[14:53] {shorty} Now I can get on with my life
[14:53] {dino} pega stopped -.22
[14:54] {magoo} read UAUA vad? i do not
[14:55] {ese} i'm brain dead people......everything looks the sae right now......i'm gonna pack it in for the weekend
[14:55] {ese} same
[14:55] {magoo} ESE WAIT
[14:55] {RonS} cya ese
06[14:55] * magoo slaps ese around a bit with a large trout
[14:55] {Threei} take care ese
[14:55] {ese} ahhhhhhhhhh tks mags
[14:55] {shorty} bye ese
[14:56] {ese} cya vad....been a good couple of days.....maybe the venting on wednesday helped
[14:56] {Threei} :)
[14:56] {dino} cya es
[14:56] {Threei} UAUA, rather up but like 52/48, mags
[14:57] {magoo} ya ya
[14:57] {magoo} read AIG vad, maybe gonna xplode? i dont no
[14:58] {Threei} someone should complain to PETA or something about systematic elimination of bears in the market
[14:58] {Threei} drawing total blank on AIG, sorry
[14:58] {shorty} ASBV b/o Threei
[14:58] {shorty} ASBC
[14:59] {Threei} b/o??
[14:59] {Threei} I don't see it
[14:59] {dino} pot to .49
[14:59] {Threei} as in body odor, yes... and very strong
[14:59] {shorty} that bad?
[15:00] {Threei} total stinker :)
[15:00] {dino} pega rinse
[15:00] {dino} out pot +.42
[15:00] {shorty} Do you want me to stop, or keep them coming?
[15:01] {Threei} of course keep them
[15:01] {Threei} it's a great learning process
[15:02] {Threei} Ron, want a great story about irony of lottery winnings?
[15:02] {Threei} real story, from Winnipeg, about 10 years ago or so
[15:02] {nemo} as long as they keep printing money the value of the money goes down so the stocks go up, we could end up at record highs before this is through
[15:03] {RonS} ...ok
[15:04] {dino} pega l .20
[15:04] {Threei} and hey, Les is not here to grumble about our strage anecdotes
[15:05] {Threei} so, guy is what you can call a total trash - constantly drunk, on light drugs,
[15:05] {Threei} works on his brother's farm manually loading tracks with hay, manure and other crap
[15:06] {Threei} about 2-3 times a year goes to jail for a few days or weeks for small time crimes
[15:06] {Threei} and generally enjoys life.
[15:06] {Threei} Sure enough, he goes ahead and wins 12 millions
[15:06] {Threei} Next 3 years, he never goes sober,
[15:07] {Threei} one of favorite entertainments:
[15:07] {Threei} gathers about 10 closest friends,
[15:07] {Threei} they go to the nearest Chrysler dealership, buy 10 Jeep Cherokees,
[15:07] {Threei} drive to the fields and chase each other
[15:07] {Threei} leaving totalled cars in the morning
[15:08] {Threei} and making dealership happy again in a few weeks
[15:08] {Threei} small crime spree wisde, the only thing changed is now he is in jail 6-8 times a year
[15:08] {Threei} 3 years later - empty pockets, works on his brother's farm in his old position
[15:09] {Threei} tell me it's not ironic
[15:09] {RonS} ...too much...he needed a law firm: Dewey, Cheatham and Howe
[15:10] {dino} should've at least bought the farm
[15:11] {Threei} but he may have lacked the money to make dealership ahppy then
[15:11] {RonS} ...saw Billy Martin throw dice one time in Vegas. He maintaine that if you died with one red cent in your pocket, you lost
[15:11] {shorty} Reminds me of this story: http://www.associatedcontent.com/article/95216/a_homeless_man_blows_100000_of_free.html
[15:14] {Threei} AONE DOE closes previously announced $529M loan for Fisker Automotive at Delaware GM plant
[15:14] {Threei} Department of Energy Announces Closing of $529 Million Loan to Fisker Automotive Manufacturing at Shuttered Delaware GM Plant Expected to Create Over 2,000 Jobs
[15:14] {Threei} - The Department of Energy announced today the closing of a
[15:14] {Threei} $528.7 million loan with Fisker Automotive for the development and production of two lines of plug-in hybrid electric vehicles (PHEV). The loan will support the Karma, a full-size, four-door sports sedan, and a line of family oriented models being developed under the company's Project NINA program.
[15:19] {magoo} vad, futes launch..u got any candidates?
[15:20] {Threei} sadly, not really
[15:20] {dino} out pega .97, +.77
[15:20] {dino} skie r oni baby
[15:21] {dino} spike
[15:23] {RonS} dang dino, gj
[15:23] {dino} lucky lay out, ty
[15:28] {dino} out dv sh*t trade, +.19
[15:28] {dino} rino wall at .80
[15:33] {dino} stopped rino -.06 ave
[15:36] {dino} ctsh .16 l
[15:38] {dino} stop to .17
[15:39] {dino} to .19
[15:39] {dino} to .21
[15:41] {dino} out .22 +.06
[15:41] {dptl} good weekend all...see ya monday
[15:42] {RonS} cya dp
[15:42] {dino} cya dp
[15:42] {shorty} bye dptl
[15:43] {dino} cymi .96 l
[15:43] {Threei} take care dp
[15:46] {shorty} have a good weekend everyone
[15:46] {Threei} you too shorty
[15:50] {dino} cya shorty
[15:52] {dino} cymi stop is .93
[15:54] {Threei} okay guys, let's call it a day
[15:54] {Threei} another bear slaughter
[15:54] {magoo} ty vad
[15:54] {nemo} c ya....might not be trading next week
[15:54] {RonS} good weekend to you Threei
[15:55] {Threei} no way nemo
[15:55] {Threei} you can't disappint les this much
[15:55] {dino} vacation nemo
[15:55] {Threei} have a great weekend all, see you on Monday
[15:55] {dino} to .97
[15:55] {dino} cya 3i, cya nemo
[15:57] {dino} out cymi +.01
[15:57] {dino} calling it a week, thx all, decent week
[16:00] {magoo} ty all
