Friday, May 28, 2010

May 28 2010

Listless day as traders jockeyed for having no position over the long weekend. We stayed slightly in the red for the most of the day and then repaired it with two trades on AIG, short and long, going back in black.

Session Time: Fri May 28 00:00:01 2010

[08:09] {magoo} morning
[08:30] {Threei} US) APR PERSONAL INCOME: 0.4% V 0.4%E; PERSONAL SPENDING: 0.0% V 0.3%E
[08:30] {Threei} *(US) APR PCE CORE M/M: 0.1% V 0.1%E; Y/Y: 1.2% V 1.1%E; PCE DEFLATOR Y/Y: 2.0% V 1.9%E
[08:45] {dptl} morning
[08:45] {Threei} dp :)
[08:57] {ese} morning
[08:58] {Threei} ese :)
[08:58] {ese} morning vad.....had a show yesterday outside in the Rose garden at the Empress....forgot to say bye
[08:59] {ese} bloody cold
[08:59] {Threei} global warming, ya know...
[08:59] {ese} but we lucked rain ....couldn't believe they had this convention outside
[09:00] {ese} Crane Rentals.......heavy duty equipment....nice bunch of people,,,,,maybe i should buy there stock
[09:02] {dino} gm all
[09:03] {Threei} dino :)
[09:03] {ese} dino
[09:04] {larisa} gm :)
[09:04] {nemo} lari :)
[09:04] {larisa} nemo :)
[09:05] {Threei} larisa :)
[09:05] {larisa} and vad :)
[09:05] {nemo} no, it's not_vad
[09:05] {Threei} it is?
[09:06] {nemo} strider's joke
[09:06] {nemo} Oh, we can talk about him, he won't be here for weeks
[09:08] {ese} whats ST up
[09:18] {lasertrev} gm
[09:19] {Les} afternoon
[09:19] {Threei} trev, les :)
[09:20] {shorty} morning all
[09:20] {Threei} shorty :)
[09:20] {Threei} hey guys
[09:20] {Threei} hold on to your copies of MPP
[09:21] {Threei} turns out, it's already a classic, and chinese bookm publisher asks for the rights in chinese
[09:23] {Les} uh oh. can see vad leaving us for throngs of adoring traders on a year long book tour
[09:24] {larisa} 5 years at least, to shake hands with billion of people :)
[09:24] {larisa} next step india
[09:24] {Les} better learn to start drinking rice vinegar wine and Qingtao beer
[09:25] {ese} congratulations vad!
[09:25] {Threei} ty
[09:25] {Threei} still waiting for it to be translated to swahili though...
[09:25] {ese} my copy ain't goin nowhere
[09:26] {Les} well China is the future. you don't want to set up office in Shanghai?
[09:27] {shorty} Cool Threei. That awesome, and I have two copies.
[09:27] {Threei} bot none of them is ion Chinese!
[09:27] {jfjf64} mornin
[09:28] {nemo} rig dropping, bp likely not far behind
[09:28] {shorty} I will buy one in Chinese.
[09:28] {Threei} jf :)
[09:28] {Threei} I have TTR in both chionese kanguages shorty
[09:29] {Threei} sometimes I like to open them and nod with this wise face expression, looking at the hieroglyphs
[09:29] {Threei} "yes, yes, this is exactly what I meant to say"
[09:29] {dino} bsci, djsp
[09:30] {shorty} lol...I learned that when working in an office. If you stare at a piece of paper, people think you are actually working.
[09:30] {nemo} wow
[09:30] {Threei} watching FAZ for entry
[09:31] {Threei} want pullback
[09:32] {Threei} not a chance
[09:33] {magoo} RIG crushed
[09:33] {Les} MON rocketing
[09:33] {nemo} fas bounce either here or around .95
[09:33] {Threei} Long Setup: WFC .40 break
[09:34] {dino} djsp sm l .20
[09:34] {Threei} stop under .30
[09:34] {dino} stop lod
[09:34] {nemo} bp short loss of .60?
[09:35] {nemo} in hindsight
[09:35] {Threei} yeah
[09:35] {dino} bcsi sm l .15
[09:35] {Threei} no go WFC
[09:35] {dino} stop lod
[09:36] {Threei} BP bounce time
[09:36] {Threei} let's do half lot
[09:37] {Threei} .45
[09:37] {Threei} .35 stop
[09:37] {Threei} 1:1
[09:37] {Les} done ty
[09:38] {Threei} should do a pullback and seond bounce,
[09:38] {Threei} hopefully we can catch it around .45 again
[09:38] {nemo} fas .95 is pivot
[09:39] {dino} out djsp .65, +.45
[09:39] {Threei} no pullback
[09:39] {Threei} 1:2 instead
[09:39] {Les} nice
[09:40] {dino} pmi 9:42
[09:40] {nemo} mortgage insurance? :)
[09:41] {dino} purchasing mgr report
[09:42] {Threei} here is pullback
[09:42] {dino} 9:45 for everyone else
[09:43] {Threei} .30 cross
[09:43] {Threei} stop under .20
[09:44] {Threei} half lot, remember
[09:44] {magoo} wjhich vad?
[09:44] {Threei} BP
[09:45] {nemo} oops
[09:46] {ese} seed going nuts again
[09:46] {ese} dangerous stock
[09:47] {Threei} stop to .24
[09:49] {Threei} 1:1
[09:49] {ese} L ovti .50
[09:49] {dino} bcsi stopped -.35
[09:49] {Les} thanks. took half at .35 as insurance all out .40
[09:49] {Threei} two more reports are coming
[09:50] {Threei} (US) Preview: May Final University of Michigan Confidence Index due out at 09:55ET
[09:50] {Threei} **consensus expectation: 73.3e v 73.3 May preliminary
[09:50] {Threei} (US) Preview: May Milwaukee NAPM due out at 10:00ET
[09:50] {Threei} **consensus expectation: 64e v 66 prior
[09:53] {ese} out ovti .83 +.33
[09:54] {Les} 25k?
[09:54] {ese} 3k
[09:54] {Les} sweet
[09:55] {Threei} wtg
[09:55] {Threei} gosd, we are confident lot, aren't we
[09:55] {dino} bcsi sm l .80
[09:55] {ese} trading smaller these days les......just too busy else where ....don't want to make many mistakes
[09:55] {dino} djsp sm l .03
[09:56] {dino} niceone es
[09:56] {magoo} .47 on bp out ty
[09:56] {magoo} 2k
[09:56] {Threei} very nice timing
[09:57] {Threei} market got smacked just after your exit
[09:59] {ese} tks dino
[09:59] {ese} ya
[09:59] {magoo} out RIG .29 + .83
[09:59] {dino} v sm l .50
[09:59] {Threei} 80% Favor Auditing the Federal Reserve
[10:00] {Threei} *(US) MAY MILWAUKEE NAPM: 65 V 64E
[10:00] {dino} i'm still looking for that 5th dentist
[10:00] {Les} ?
[10:00] {dino} 4 out of 5 recommend trident gum
[10:00] {shorty} lol
[10:01] {magoo} LVS nuts again
[10:02] {dino} out v .90, +.40
[10:04] {ese} dino you still monitoring djsp
[10:04] {Threei} LVS, pullback to about 23.90 or lower to get us interested
[10:05] {dino} in it at .03 see above
[10:06] {dino} sm l v .65
[10:06] {ese} ahhhh
[10:06] {dino} v trades like pulp
[10:07] {jfjf64} jcg pull bk
[10:07] {dino} ma, hmmm
[10:07] {Threei} SEED really decided to go for that 17 target or what
[10:08] {Threei} RIG CEO: blowout preventer passed tests - conf call
[10:09] {Les} out MA +.49 nice call dino
[10:10] {Les} aaawwwww maaaaaaan
[10:11] {dino} giddy-up
[10:11] {dino} gj
[10:11] {dino} out v .20, +.70
[10:12] {dino} opps, +.55
06[10:12] * magoo slaps dino around a bit with a large trout
06[10:12] * nemo slaps dino around a bit with a large abacus
[10:12] {shorty} wtg dino. Enjoy that long weekend.
[10:12] {dino} i deserved that
[10:12] {nemo} Quote: "Deservin' ain't got nothin' to do with it!"
[10:12] {dino} out bcsi .24. +.44
[10:13] {nemo} anybody?
[10:13] {Threei} yes
[10:13] {dino} imo, still axe murderer market
[10:13] {Threei} unforgiven
[10:13] {shorty} Clint Eastwood
[10:13] {nemo} speaking to whom?
[10:13] {Les} the sherrif
[10:13] {Les} sheriff
[10:13] {nemo} nice! what a crew
[10:13] {Les} gene hackman
[10:13] {shorty} Filmed in my area
[10:14] {nemo} that being?
[10:14] {Les} ahhh vad was quick. once he'd said unforgiven it came back to me
[10:14] {dino} no, i married an axe murderer, mike myers, "un-trusting"
[10:14] {Les} BP and RIG want up but stuck under 50 ma's
[10:19] {jfjf64} nice pullbk vvus
[10:22] {magoo} BP lows
[10:23] {dino} and down comes the axe
06[10:24] * magoo slaps lasertrev around a bit with a large trout
06[10:24] * magoo slaps lasertrev around a bit with a large trout
06[10:24] * magoo slaps lasertrev around a bit with a large trout
[10:24] {dino} watching djsp (in), bcsi, rvbd, qsii
[10:25] {lasertrev} ouch, 3x
[10:28] {shorty} Threei...LVS?
[10:29] {Threei} watching, but no clear idea yet
[10:29] {shorty} ok
[10:29] {Threei} Fri before the long weekend...
[10:29] {Threei} thinbgs often become a bit listless in such situation
[10:32] {Threei} GE) German Economy Min: The US Federal Reserve has shown activity within the currency markets as well; Central bank intervention in FX markets are not new
[10:32] {Threei} amazing... they all really believe they can do something about all this
[10:33] {dino} well, whats ironic is govt's can manipulate markets
[10:34] {dino} or at least try
[10:34] {dino} everybody else it is illegal
[10:35] {dino} ppt at its best
[10:36] {dino} ma close to lod
[10:38] {ese} catch ya later...takin the kids to school
[10:38] {shorty} cya ese
[10:39] {dino} bcsi sm l .76
[10:39] {dino} cya es
[10:40] {shorty} OVTI dino?
[10:43] {dino} upgraded ovti, 22
[10:43] {dino} also increased guid.
[10:43] {Threei} (KS) North Korea state media: any possible accidental clash with South Korea could lead to all out war at any time
[10:44] {dino} thats nice to say
[10:44] {shorty} I hate war
[10:44] {dino} he's desparate
[10:44] {Les} out rig .66 +.51
[10:44] {Threei} NLST Hearing Needham initiates with Buy rating (timing uncertain) (2.46, +0.23, 10.31%)
[10:44] {dino} which makes him dangerous
[10:45] {shorty} true dino
[10:45] {Les} dino
[10:45] {Les} how could anyone who drinks hennesy cognac be possibly dangerous?
[10:45] {Les} you seen the little saddam hussein on south park?
[10:45] {dino} yeah
[10:45] {Les} that's Kym, a pussy...
[10:45] {Les} with the bomb
[10:46] {Les} i see fortunes for BP are less favourable than that of RIG
[10:46] {Threei} SP) Caja Sur may need an injection of approx 800M; Bank of Spain considering sale of the bank within 3 months time
[10:49] {dino} out djsp -.03
[10:49] {magoo} futes dumping
[10:50] {magoo} new lows huge volume
[10:50] {Threei} watching FAZ for C&H
[10:50] {nemo} look for spy to pull back to .60
[10:50] {Threei} 110.60??
[10:51] {nemo} 109
[10:51] {nemo} .60
[10:51] {Threei} oh, you mean drop after breakdown
[10:51] {Threei} got it
[10:51] {nemo} yeah, I get the feeling it'll test the 200
[10:51] {nemo} wouldn
[10:51] {Threei} FAZ .60 break
[10:51] {nemo} t
[10:51] {nemo} be the first time I'm wrong today though
[10:52] {dptl} in faz
[10:52] {Threei} stop for scalpers under .50
[10:52] {Les} and for us normal folk?
[10:52] {Threei} .40
[10:53] {magoo} so .40 for magoo??seems wide
[10:53] {Threei} ummmm
[10:53] {dino} v is out doing ma big time today
[10:53] {Threei} ok, I can't help it:
[10:53] {Threei} in what universe does magoo belong to "normal folk"???
[10:55] {dino} "ab"normal perhaps
[10:56] {Les} q's giving spy a lift
[10:59] {dptl} stopped
[10:59] {dptl} faz
[10:59] {shorty} same
[11:01] {dino} sm l ma .65, pulp
[11:04] {Threei} can't get rhythm today
[11:07] {dino} stupid move, stopped ma -.30 after had pos. .40
[11:10] {dino} rinsed to top it off. dumb azz move of day
[11:12] {Threei} frikin FAZ
[11:13] {shorty} yup
[11:13] {Les} what's wrong with faz?
[11:14] {nemo} o.k. name this lyric
[11:14] {nemo} "You can take a taco to Catema to"
[11:14] {Threei} look at this
[11:15] {nemo} so getting close to that .60 level just rinsed first
[11:16] {dptl} nbr short?
[11:17] {Threei} probably... if stays under .10
[11:17] {dptl} ok ty
[11:19] {dptl} or long if takes .10?
[11:19] {Threei} nah
[11:19] {Les} the FAZ trade was good vad.
[11:19] {nemo} might get fas bounce here
[11:19] {Threei} for bigger stop yes
[11:19] {Les} I went with looser stops
[11:19] {Threei} 1:1
[11:20] {Les} holding 200 faz for a shot to 15
[11:20] {dino} rvbd sm l .28
[11:21] {nemo} setting up .10 range in fas
[11:21] {Les} all out faz. bounce zone for market here
[11:21] {nemo} spy .10 above pivot
[11:22] {magoo} LVS dump vad
[11:22] {magoo} retarded dump
[11:22] {magoo} oh, sorry nemo :)
[11:22] {Threei} wow
[11:22] {nemo} cute
[11:22] {nemo} nice
[11:22] {Threei} no news
[11:23] {dptl} still valid nbr
[11:24] {dptl} in
[11:26] {magoo} need it to double bottom
[11:26] {dino} djsp l .01
[11:27] {nemo} bidu vad?
[11:27] {dptl} stopped nbr
[11:28] {Threei} no sure
[11:28] {Threei} listless day
[11:28] {Threei} no follow through on normal setups
[11:28] {dptl}
[11:40] {dino} who unplugge the markets
[11:40] {dino} unplugged
[11:40] {Threei} and killed electric car
[11:43] {Les} grabbed ma climbing back up out .21 +.67
[11:44] {dino} gj
[11:44] {Les} daaaaaaaaaaamn
[11:46] {ese} am back for a bit
[11:50] {ese} L ovti .35
[11:52] {Les} hmm we lost mibbit?
[11:52] {nemo} wish Les was on Mibbit
[11:52] {Les} ha! not bad not bad
[11:52] {nemo} ty
[11:54] {nemo} I won't be here, but it'll be interesting if there's short covering going into the long weekend. I think it ends green
[11:55] {Les} well stop thinking
[11:55] {Les} and start drinking
[11:55] {Les} kill those brain cells
[11:55] {Les} and do us all a favour
[11:59] {larisa} not all of us, i kinda like men with brains :)
[12:01] {nemo} well, I did start drinking, it's 12:01 here
[12:01] {Threei} meaning, there is no single man on the planet you'd like...
[12:01] {Les} don't know to respond to that Larisa...
[12:01] {Les} how to
[12:02] {shorty} what's your target on DJSP dino? please and thanks
[12:03] {nemo} accusing me of having brains?
[12:05] {larisa} Vad said there is no such thing as man with brains. Not sure what he is drinking :)
[12:05] {Threei} it's a very good stuff larisa
[12:06] {nemo} what's "a very good stuff"?
[12:06] {Threei} kills those cells en masse
[12:06] {nemo} Well....
[12:06] {shorty} mixture of vodka and antifreeze?
[12:06] {nemo} it has been said of me....
[12:06] {nemo} When I get a pimple on my ass...
[12:07] {nemo} It's actually a brain tumor
[12:07] {Les} sweet gentle Nemo...
[12:07] {nemo} I was just about to say, "C'mon les, don't hold back."
[12:07] {nemo} Like a Swiss Clock
[12:09] {Les} going cuckoo listening to you...
[12:09] {nemo} I think, at best, I'm just reinforcing a pre-existing condition
[12:12] {Les} could be right
[12:12] {dino} shorty, .20s
[12:16] {Les} that's what I get for having no faith in MA, left at the platform
[12:17] {nemo} least you're not under it
[12:17] {ese} daaaaaa stopped ovti. 20
[12:17] {ese} -.15
[12:17] {Les} true. one day will develop discipline to follow a stock on the move. MA just bounced of the MA's and kept going
[12:18] {Les} ff
[12:18] {Les} off
[12:23] {dino} pulpers are tough to stick w/les, especially in these random markets
[12:23] {Les} ok
[12:26] {ese} L ovti .25
[12:31] {Les} Nemo dcc
[12:31] {nemo} just i
[12:31] {nemo} did
[12:35] {Threei} didn't call it, wanted to see how it shapes up: FAS .85 break at 12:20
[12:35] {Threei} sure enough, would have been stopped
[12:36] {Threei} confiming that follow through isn't there today
[12:37] {Threei} and again, no news for this selling
[12:37] {larisa} wow
[12:37] {Threei} ah, here it is
[12:38] {dino} mkt drop
[12:38] {nemo} dino woke up
[12:38] {larisa} lol
[12:38] {dino} bcsi stopped -.30
[12:38] {Les} wooow
[12:39] {Threei} that starts next round of Europe troubles
[12:39] {dino} out djsp .12
[12:39] {dino} +.12
[12:40] {magoo} shorted GS on that .05 to .71
[12:40] {shorty} I follow + .07 DJSP
[12:40] {Les} gonna be one huge bounce coming
[12:40] {nemo} Holy Excrement
[12:41] {magoo} too fast to call
[12:43] {Threei} (IT) Italian Union: Will likely strike on June 25 to protest austerity measures
[12:44] {Threei} where is that smart berlusconi to tell us again how they defeated speculators
[12:45] {ese} out otvi..10 -.15
[12:45] {dptl} have a good weekend all see ya tuesday
[12:45] {Les} ciao dp
[12:45] {dino} gaps 9974, 1796, 1067
[12:46] {shorty} bye dptl
[12:46] {ese} cya dp
[12:46] {dino} cya dp
[12:46] {Les} well they're obviously communist rabble vad, who don't want to work....
[12:46] {ese} is this drop because of the spain news?
[12:46] {magoo} mkts red 139..sigh
[12:46] {Threei} take care dp
[12:46] {nemo} 141
[12:46] {Threei} yes ese
[12:46] {Les} funny to see hammer and sickle in Italy
[12:47] {dino} qsii sm l .06
[12:47] {ese} hmmmmmmmmm
[12:47] {nemo} There was a great movie called "Il Postino" about peripherally the communist movement in Italy. Movie had one of the most beautiful women I've ever seen
[12:48] {nemo}
[12:49] {magoo} l lvs .35
[12:50] {magoo} just a scalp if lucky
[12:51] {dino} ups sm l .50
[12:51] {dino} djsp went up, ugh
[12:52] {shorty} darns
06[12:52] * nemo slaps shorty around a bit with a large large volume of proper swears
[12:52] {shorty} lol
[12:53] {nemo} no it's flol
[12:53] {nemo} or lofl
[12:53] {shorty} FLOL
[12:53] {nemo} NICE
[12:55] {Les} Damn V .10 break offered nice risk/reward. was yappin away with Nemo
[12:55] {nemo} yeah, my fault
[12:57] {magoo} out tough .08
[12:57] {larisa} she looks like a sister of katerine zeta jones, but catherine eyes are much softer. this one looks like she wants to kill you :)
[12:57] {nemo} yeah, but boy does she smolder.....
[13:00] {Les} qid short vad?
[13:00] {Les} .10 from .15 stop?
[13:01] {Threei} I've no idea Les
[13:01] {Threei} I don't have a read on this mess
[13:04] {Les} I'd be punished just for being seen with the photos nemo
[13:05] {nemo} sucks being you
[13:05] {nemo} on many levels
[13:06] {Les} oh thats harsh
[13:06] {nemo} What is it you say....
[13:06] {nemo} Oh, yeah....
[13:06] {nemo} Belt up you Sheila!
[13:16] {Les} normally there'd be sound of bottle breaking over woman's head at the same time
[13:16] {ese} have a great weekend all gota go
[13:16] {Les} ciao ese
[13:17] {Threei} take care ese, see you Tuesday
[13:17] {Threei} you know market is closed Monday, right?
[13:17] {ese} yup tuesday it is
[13:17] {dino} cya es
[13:17] {Les} Monday without binky? :(
[13:20] {Threei} (SP) Fitch analyst in reponse to question about why Spain was not downgraded further; notes Spains debt ratio is lower than that of the US - CNBC
[13:20] {Threei} - highlights that the new Spain Govt has an "unblemished debt service record"
[13:20] {Les} ntap .60 break?
[13:21] {Threei} with stop under .50
[13:21] {Threei} and full recognition that this kind of setups did not work today yet
[13:21] {Les} ok
[13:24] {dino} roflol, new spain govt unblemished...
[13:24] {dino} ewp spike
[13:28] {Les} new spanish govt. is socialist....
[13:28] {Les} so any difference today between socialist and conservative?
[13:29] {nemo} every government is socialist
[13:32] {dino} out qsii .56, +.50
[13:34] {Threei} SP) Spain Treasury Chief: Credit rating can still be considered 'high'
[13:34] {Threei} - Note: Fitch rates Spain at AA+ , S&P AA, and Moody's rates Spain at AAA (as of 3/16)
[13:34] {nemo} to see the Wizard. C U Next Tuesday :)
[13:34] {Threei} Spain Treasury Chief comes out of the shed, guns blazing
[13:34] {larisa} bye nemo :)
[13:34] {lasertrev} have a good weekend nemo
[13:34] {Threei} take care nemo
[13:34] {Les} ciao nemo
[13:35] {Threei} see NTAP les?
[13:35] {Threei} anemic break, no continuation
[13:35] {Threei} when thney don't work, they don't work
[13:35] {Les} no
[13:35] {Les} not looking
[13:36] {Les} out -.05 off to dinner. Mrs b'day. c u's tuesday
[13:36] {Threei} have a good weekend
[13:36] {lasertrev} see ya Les
[13:37] {shorty} bye les
[13:39] {Threei} US) House of Representatives approves legislation to extend unemployment benefits and adjust the 'carried interest' fund manager tax code
[13:39] {Threei} -extends jobless benefits through Nov 30
[13:40] {Threei} and what do they do on Nov 30?
[13:40] {Threei} - Bill includes $48B in taxes, including mutinational businesses and fund managers
[13:40] {Threei} - Note: Senate expected to debate the legislation in June
[13:41] {Threei} hit them hard, those darn mutinational businesses and fund managers
[13:41] {Threei} make them pay for everything
[13:41] {Threei} oh wait... the harder we hit them the less jobs we have...
[13:41] {Threei} ummm
[13:41] {Threei} oh, never mind, it's ideological... hit them hard
[13:41] {Threei} (sarcasm mode off)
[13:46] {Threei} Short Setup: AIG .15 break
[13:47] {Threei} if stays under .25
[13:48] {magoo} in
[13:52] {Threei} what a torture
[13:52] {Threei} even AIG is hard to get 1o cents from
[13:53] {magoo} and mkts are bouncing
[13:53] {Threei} yeah
[13:59] {Threei} 1:1
[13:59] {Threei} finally
[13:59] {Threei} lol, one worked
[14:01] {shorty} short lvs .05
[14:05] {shorty} out .94
[14:05] {Threei} wow... two working in a row
[14:06] {shorty} I couldn't short AIG, so found what I thought looked like a similar chart pattern.
[14:06] {Threei} some nore details:
[14:06] {Threei} Bill includes $48B in taxes, including mutinational businesses and fund managers
[14:06] {Threei} - Includes $1/gallon biodiesel tax credit extension
[14:06] {Threei} - Includes delay in 21% Medicare payment cuts to doctors (costing $23B over 10 years)
[14:06] {Threei} - Bill designed to eventually subject approx 75% of the Carried interest income from fund managers at ordinary income rates
[14:06] {Threei} - Oil barrel tax raised to $0.34/bbl from $0.08/bbl
[14:13] {shorty} what do you think Threei about shorting LVS again?
[14:14] {Threei} coin toss
[14:14] {Threei} (SP) Fitch analyst Coulton: There are no plans to cut Spain in next 12 months, despite any deterioration in public finances
[14:14] {Threei} - Sees measures put in place by the Eurozone as limiting any contagion from Greece
[14:14] {Threei} - Note: Coulton is Chief of EMEA Sovereign Ratings, and wrote the earlier note downgrading Spain to AA+ from AAA.
[14:26] {shorty} l lvs .06
[14:27] {shorty} out .16
[14:28] {Threei} getting better at it eh?
[14:28] {shorty} I don't know Threei. If that makes sense.
[14:30] {shorty} I know that looking at LVS go up right doesn't bother me. It would have before.
[14:30] {shorty} right now
[14:31] {shorty} Does it look like a C/H on LVS?
[14:32] {Threei} can't tell really, not knowing what time period you are looking
[14:32] {shorty} starting at 13:35
[14:33] {shorty} It was support at 12:45 then b/d at 13:35
[14:34] {Threei} I am lost
[14:35] {Threei} what you describe has not much to do with C&H
[14:35] {shorty} ok....just support and resistance I assume
[14:43] {shorty} I didn't call, but went long .26. out .34 LVS.
[14:45] {Threei} didn't believe in .35 break AIG
[14:45] {Threei} crying bitterly
[14:45] {shorty} Oh.
[14:45] {patience} .
[14:45] {shorty} I thought LVS would hit a wall at .35-.40
[14:49] {shorty} Have a great weekend all. I will see you on Tuesday. Thanks Threei.
[14:56] {larisa} bye shorty
[15:05] {magoo} vad, lets make somre dough in last hour to show all the slackers u gotta work for it
[15:05] {magoo} :)
[15:05] {Threei} let's
[15:05] {Threei} whiuch way?
[15:06] {magoo} thats the toughie:)
[15:06] {Threei} hehe
[15:06] {larisa} up up up
[15:06] {Threei} and I hoped you'd give me that
[15:06] {Threei} there
[15:06] {Threei} UP
[15:07] {larisa} or down ?
[15:07] {Threei} okay
[15:08] {Threei} DOWN
[15:08] {larisa} or start weekend 1 hour early :)
[15:08] {Threei} no
[15:09] {larisa} i am out of options
[15:09] {Threei} what are we, pushovers?
[15:09] {Threei} goig to do whatever you say?
[15:09] {Threei} no way
[15:09] {Threei} or yes
[15:11] {Threei} I think up
[15:11] {larisa} dino knows for sure
[15:11] {Threei} AIG
[15:12] {Threei} I think it goes to .70
[15:12] {Threei} maybe .80
[15:17] {dino} up it closed here
[15:17] {Threei} I aghree
[15:17] {Threei} .70 is reched
[15:17] {Threei} reached
[15:18] {Threei} magoo... did the trade?
[15:19] {larisa} what was the trigger ? I think it will go to .70 kinda.. kinda. you know :)
[15:19] {larisa} .60 break?
[15:19] {Threei} was .50 at the moment
[15:19] {Threei} .52
[15:19] {Threei} no trigger
[15:20] {Threei} just general idea
[15:20] {Threei} but you know magoo
[15:20] {larisa} "direction trade" :)
[15:20] {Threei} he needs only mention of the symbol
[15:20] {Threei} and he is in, fully margined, house, farm and family sold
[15:21] {magoo} ouit AIG .74 ty boss
[15:21] {Threei} there
[15:21] {Threei} lol
[15:21] {Threei} welcome
[15:21] {magoo} plus UP call took fas
[15:21] {Threei} see larisa?
[15:21] {Threei} I know who I am dealing with
[15:21] {magoo} out there .82 ty boss
[15:21] {Threei} sure thing
[15:22] {magoo} thats addt'l $400 smackers
[15:23] {Threei} .80 reached
[15:32] {magoo} i keep underestimating thre range of movement FAS FAZ
[15:33] {dino} ndx green
[15:34] {dino} out ups .12, +.62
[15:36] {patience} have a good weekend guys....been a catchup week for me....will put in orders on monday :)
[15:37] {Threei} have a good one patience
[15:39] {dino} u2 patience good to see your bvack safe
[15:40] {patience} thanks dino, already booking the next trip :)
[15:42] {dino} ;)
[15:45] {Threei} those who don't want to hold long olver the weekend are struggling against those who don't want to hold short
[15:47] {Threei} longs win in their desire to get out
[15:48] {dino} hmmm, did not expect the drop]
[15:52] {Threei} even this end of the day is listless
[15:52] {Threei} just sharper lsitlessness than before
[15:57] {Threei} thank you all
[15:57] {Threei} have a good relaxing long weekend
[15:57] {Threei} see you all on Tuesday
[16:00] {dino} random moves, last hour is a day in itself
[16:00] {Threei} no kidding
[16:00] {Threei} IA) US Official: Iran nuclear swap deal with Turkey "falls short' of acceptable
[16:00] {magoo} 145 down
[16:00] {magoo} vad, rest up, the room needs ya
[16:00] {Threei} and ending with sharp sellloff
[16:01] {Threei} I will
[16:01] {Threei} long weekend is a good thing
[16:01] {Threei} getting rfecharged
[16:01] {Threei} and closest vacation time is August
[16:01] {dino} i show 6 up days in may
[16:01] {magoo} ya ya c u all tues
[16:02] {Threei} ugh
[16:02] {Threei} here is one society I am not looking forward to belong to, ever:
[16:02] {dino} gn all, have a happy memorial day
[16:02] {Threei} ULGX Announces Presentation of Clinical Data at Geriatric Urological Society
[16:03] {dino} lol
[16:03] {Threei} :)