Friday, June 11, 2010

Jun 11 2010

Today's trade of the day is found by one of the members - I love picking those, they make my day. Typical JBE chart:

Other than that, 5 calls, 4 wins, 1 stop and whole lot of boredom in a tightly locked market.

Session Time: Fri Jun 11 00:00:01 2010
[08:30] {Threei}  *(US) MAY ADVANCED RETAIL SALES: -1.2% V 0.2%E; EX AUTO: -1.1% V 0.1%E
[08:30] {Threei}  - Retail Sales Ex Auto&Gas: -0.8% v 0.2%e
[08:31] {nemo} that had an effect
[08:32] {Threei}  you don't say
[08:40] {Threei}  June 10, 2010 6:53:20 PM
[08:40] {Threei}  British Petroleum plc Chancellor Osborne defended the company against attacks by US, noting it provides "economic value" for people of both US and UK - WSJ
[08:40] {Threei}  - Separately, Royal & Sun Alliance Chairman has accused US Pres Obama of "prejudicial and personal attacks" on BP - Sky News
[09:03] {dino} gm all, giving it back today perhaps
[09:04] {Threei}  dino :)
[09:04] {dino} those wed close gaps may be in play
[09:05] {Threei}  I see SPY 105 - 110 range as indicative
[09:05] {Threei}  successful break of either will be loger term direction determinator
[09:12] {RonS} gm all, arst l  bbby s
[09:13] {Threei}  ron :)
[09:20] {jfjf64} morninnnnnnnnnn
[09:20] {Threei}  jf :)
[09:21] {shorty} morning
[09:21] {Threei}  shorty :)
[09:22] {lasertrev} gm
[09:22] {Threei}  trev :)
[09:24] {nemo} spy siting on the 50 ma in 15 minute chart
[09:24] {nemo} sitting
[09:25] {nemo} 200 on 5 minute
[09:28] {RonS} RIMM Agrees To Pay Royalties To Motorola; Settles Patent Suits
[09:30] {Les} good afternoon
[09:30] {Threei}  les :)
[09:31] {Threei}  watching BP for bounce, half lot
[09:32] {Threei}  one more leg down
[09:32] {Threei}  .75 break
[09:35] {dino} nsm l .75
[09:36] {Threei}  stop to .under .65
[09:36] {nemo} rat
[09:36] {nemo} drat
[09:37] {jfjf64} std  .35  break
[09:37] {Threei} Long Setup:  LVS  .60 break
[09:37] {Threei}  stop under .50
[09:38] {Threei}  1:1
[09:38] {Threei}  half out .73
[09:38] {Threei}  1:2
[09:38] {Threei}  1/4 out .80, stop b/e
[09:44] {Threei}  1:3
[09:44] {Threei}  out +.31
[09:45] {jfjf64} nice  find
[09:45] {jfjf64} missed
[09:45] {nemo} market shaking off the retail numbers
[09:46] {jfjf64} in  std   slowwwwwww   grinddddddd
[09:53] {dino} out nsm .87, +.12
[09:54] {Threei}  numbers are coming
[09:55] {Threei}  not bad considering the circumstances
[09:56] {magoo} morning
[09:56] {Threei}  mgs
[09:57] {Threei} Long Setup:  RIMM  .50 half lot
[09:57] {Threei}  stop under .35
[09:57] {RonS} gme momo, attracting call buying
[10:00] {Threei}  1:1
[10:00] {Threei}  *(US) APRIL BUSINESS INVENTORIES: 0.4% V 0.5%E
[10:01] {Threei}  US) Treasury: TARP repayments have surpassed funds outstanding
[10:01] {nemo} ?
[10:01] {nemo} crissakes, let me get my waders out
[10:02] {Threei}  repayments through May $194B, outstanding funds $190B
[10:02] {Threei}  Total TARP revenue to date through May at $217B
[10:03] {dino} v sm l .90
[10:03] {RonS} ...and what about GM?
[10:03] {jfjf64} x   sharp  drop
[10:05] {Threei}  GM is teacher's pet
[10:05] {Threei}  unlike damn banks and banksters
[10:06] {Threei}  banks rob us while GM provides us with jobs
[10:06] {Threei}  there
[10:06] {nemo} yeah, but the jobs at GM are paid by the taxpayer
[10:06] {Threei}  {sarcasm mode off}
[10:06] {nemo} hehehe
[10:07] {Threei}  oh, it's OK nemo,
[10:07] {Threei}  since the only taxpayers left are fat cats,
[10:07] {Threei}  it's just a form of wealth distibution
[10:08] {nemo} spy gonna go green?
[10:08] {Threei}  almost there
[10:08] {Threei}  there
[10:10] {Threei} Short Setup: WFC  .85
[10:10] {Threei}  if stays under .95
[10:13] {Threei}  RIMM non-stop
[10:13] {Threei}  scalpers regret
[10:13] {Threei}  WFC 1:1
[10:14] {Les} BP pullback to 34
[10:15] {Threei}  anyone out there trades what I call?
[10:15] {shorty} sorry..thanks
[10:15] {Threei}  or I am a voice in the middle of a desert?
[10:15] {Les} not today
[10:15] {jfjf64} whos  on  1st
[10:16] {dino} what
[10:16] {jfjf64} nemo  let  me  borrow  sig
[10:16] {jfjf64} 2  big   winners   i  miss
[10:17] {jfjf64} someone   slap  me  pls
[10:17] {nemo} oh...I'll do it for you...I use glasers, very effective
[10:17] {Threei}  1:2
[10:17] {jfjf64} wfc   very  nice
[10:17] {Threei}  {WFC} ah thank you jf, I like you too
[10:17] {nemo} no you don' hate people
[10:18] {Threei}  who?
[10:18] {nemo} you
[10:18] {Threei}  that was on behalf of WFC
[10:18] {nemo} oh
[10:18] {Threei}  reading comprehension 101 is in order
[10:18] {Threei}  as for me, yes... I do
[10:18] {Threei}  and don't tell me I don't have sound reasons for that
[10:18] {nemo} excuse me...
[10:18] {jfjf64} your   reads   3i   hv been  real good   this  week
[10:19] {Threei}  ty
[10:19] {jfjf64} lets  here it  for 3i
[10:19] {nemo} hooray
[10:19] {jfjf64} hooray
[10:19] {shorty} Hooray!
[10:19] {jfjf64} ba
[10:20] {jfjf64} in .01
[10:21] {jfjf64} stop  me  out   so  i  could  start  drinkin  early
[10:23] {Threei}  nice one
[10:23] {jfjf64} half  out
[10:23] {Threei}  I mean your call jf, sorry... didn't mean to offend you by calling you nice
[10:23] {jfjf64} leve  stop  .10
[10:24] {jfjf64} im  in  trade   pls
[10:24] {jfjf64} lol
[10:25] {dino} out v .27, +.37
[10:25] {jfjf64} done
[10:25] {jfjf64} nice  dino
[10:25] {dino} ty
[10:26] {Threei}  wtg
[10:26] {Threei}  and dino... forgive jf... he knows better than calling people nice in this room, he is just in the middle of the trade...
[10:27] {Threei}  BA's a pure beauty
[10:27] {jfjf64} look  ba    i  ran   as  usually
[10:27] {jfjf64} omg
[10:28] {jfjf64} nemo   sig   pls
[10:28] {nemo} sure
[10:28] {Threei}  jf, you had a hardwired stop or what?
[10:28] {nemo} better to put it under your chin where it meets the throat and point up at 45 degrees
[10:28] {jfjf64} i  sd  hv  least  1/4  left
[10:28] {dino} :D
[10:29] {jfjf64} see  3i   talkin  to me  during  trade
[10:29] {Threei}  I'd never ghet stopped out on such quick teleportation
[10:29] {Threei}  this is one of reasons why I hate hard stops
[10:30] {jfjf64} my  exits  need  lots  of work
[10:30] {dino} understand, but for me they save me more than cost me
[10:30] {jfjf64} not  me
[10:30] {Threei}  IMO, once mental discipline to keep them is there, mental stops are superior
[10:31] {nemo} rimm tapping on 60
[10:31] {dino} unless you have a few going at once
[10:31] {Threei}  sure
[10:31] {jfjf64} had  mental  stop .10
[10:31] {dino} everybody is different
[10:31] {Threei}  or have to leave your computer
[10:32] {jfjf64} on  2nd  piece
[10:32] {Threei}  but if you are there and can cpontrol things, mental is much better
[10:32] {jfjf64} but  emotions    tk  over
[10:33] {jfjf64} maybe  we  get  nice  drop  here
[10:34] {dino} gut says up
[10:34] {nemo} rimm creating .10 range
[10:35] {jfjf64} how  wd  ya  play  that  nemo
[10:35] {jfjf64} .80
[10:38] {nemo} volume break of .60
[10:38] {nemo} 60
[10:38] {nemo} holding .90
[10:38] {nemo} look at 15 minute
[10:39] {jfjf64} 10 min  looks  good
[10:39] {nemo} actually it looks just like the 15 minute spy
[10:39] {nemo} yeah, same on 10
[10:39] {nemo} Vad hasn't blessed it though
[10:40] {jfjf64} 5  looks  best
[10:40] {nemo} well there goes my range, but could just be a little bounce
[10:40] {jfjf64} yes  3i  hasnt  spoke
[10:40] {nemo} pivot r1 is .84 also
[10:41] {jfjf64} this  might  be  fake  out
[10:41] {nemo} yes, and it might not
[10:41] {nemo} :)
[10:42] {jfjf64} want  it  to  stop at 60   set  for  min   and  off to  races
[10:42] {nemo} selling druing up
[10:42] {nemo} drying
[10:43] {nemo} still hitting the bids, and now trading by appt.
[10:44] {dino} summer friday, traders are leaving early
[10:45] {dino} and so am i
[10:45] {jfjf64} where 3i   happy  hour
[10:45] {jfjf64} me too
[10:45] {jfjf64} lk  rimm here
[10:46] {shorty}  Beers at Threi's house?
[10:46] {shorty} Threei
[10:46] {nemo} nope
[10:46] {jfjf64} little  consiladation  bounce
[10:46] {jfjf64} 1  more  min
[10:47] {nemo} .70 support
[10:47] {jfjf64} y
[10:47] {jfjf64} .81
[10:48] {jfjf64} in
[10:48] {jfjf64} .8
[10:48] {jfjf64} .82
[10:50] {jfjf64} ya  in  nemo
[10:50] {nemo} no
[10:50] {nemo} nice
[10:50] {nemo} you get 1:1
[10:50] {nemo} ?
[10:51] {jfjf64} little  less
[10:51] {jfjf64} 8 cents
[10:51] {nemo} ese shares?
[10:51] {jfjf64} naa
[10:52] {jfjf64} 500
[10:52] {jfjf64} didnt hv 3i  blessings
[10:53] {Threei}  lol
[10:53] {jfjf64} russian POPE
[10:53] {nemo} or Don
[10:53] {dino} gut wrong it seems
[10:54] {nemo} rimm goes to about .45
[10:54] {nemo} then again, pre market high right here
[10:54] {jfjf64} 3I  FIND  entry
[10:55] {Threei}  on what?
[10:56] {jfjf64} rimm
[10:56] {jfjf64}  bounce
[10:58] {jfjf64} looks  lk  lower
[10:58] {Threei}  I don't see it as independent stock
[10:59] {Threei}  it mirrors market today
[10:59] {Threei}  and I don't see clear indication in the market right now
[10:59] {jfjf64} follow
[10:59] {Threei}  see how it tracks market step in step?
[11:00] {jfjf64} y
[11:01] {Threei}  if anything, it looks like short on .50 break
[11:01] {Threei}  with stop above .60
[11:02] {jfjf64} so  4  canditates for sharp  drop  /bouncewe look  for  stocks  that  are  independant movers????
[11:02] {Threei}  not necessary,
[11:03] {Threei}  we want either relative strength or weakness vs market, like WFC short call earlier which was based on relativve weakness
[11:03] {Threei}  or if they folow the market, we want clean setup in the market so our stock is used as a follower
[11:04] {jfjf64} thanks
[11:05] {jfjf64} you  creating  a  MONSTER
[11:05] {jfjf64} lesson  over
[11:05] {jfjf64} im  outa here
[11:05] {Threei}  who's fgrankenstein?
[11:06] {jfjf64} enjoy  weekend
[11:06] {jfjf64} all
[11:06] {Threei}  you too
[11:06] {jfjf64} good  week
[11:06] {Threei}  good to hear
[11:06] {shorty} bye jfjf64
[11:06] {jfjf64} $$$
[11:06] {jfjf64} yes
[11:07] {Threei}  btw
[11:07] {jfjf64} but learnin  priceless
[11:07] {Threei}  guess who is on TV
[11:07] {Les} ponyo
[11:07] {Threei}  and another btw:
[11:07] {Threei}  RIMM 1:1
[11:07] {shorty} Ponyo! kids love that movie
[11:08] {Threei}  proof of the concwept
[11:08] {Les} ty, took RIMM. using IB for the day
[11:08] {RonS} ...rally when he is off...
[11:11] {Threei}  calling on Congress to help small businesses
[11:11] {Threei}  1:2 RIMM
[11:11] {Threei}  kind of: I helped big ones, now do your part
[11:11] {dino} double speak king
[11:15] {Les} bp bounce to 24 a shorting opp here?
[11:15] {Les} 34
[11:16] {dino} breaking down
[11:17] {Threei}  1:3 RIMM
[11:17] {Threei}  rather let it go over 34,
[11:17] {Threei}  then look for topping setup
[11:23] {dino} v sm l .75
[11:24] {shorty} Threei, wfc b/d .50?
[11:26] {shorty} I think it's a no go
[11:26] {Threei}  can't tell... this is random wandering rather than rythmic movement
[11:28] {shorty} Not sure if I should call it a day.
[11:30] {Threei}  wow
[11:30] {Threei}  WOW
[11:30] {Threei}  read this
[11:30] {Threei}  (US) US House Speaker Pelosi: Regardless of negligence findings BP should be held accountable for 'unlimited' liability costs
[11:30] {Threei}  - Note: Congress in recent weeks has been calling to remove liability caps (currently at $75M)
[11:31] {Threei}  this is time warp... time machine delivered me back in USSR
[11:31] {Threei}  Regardless of negligence findings BP should be held accountable
[11:32] {shorty} Some entertainment.  Not sure if you guys seen it:
[11:32] {Threei}  you are at fault because am hungry! said wolf to lamb
[11:36] {dino} it's unconstitutional
[11:37] {Threei}  just think what doors it opens
[11:38] {Threei}  if you can be held accountable without negligence found, you can be guilty of anything simply by the token of being there
[11:39] {shorty} I can spot a guilty man a mile away.  That is what I plan to say if I am picked for jury duty.
[11:39] {Threei}  lol
[11:41] {dino} he's following chavez's moves
[11:43] {Threei}  my closest analogy is stalin
[11:45] {shorty} double bottom WFC
[11:46] {dino} they are going to scare investment away from usa
[11:46] {dino} bunch of idiots
[11:48] {dino} brb stop on v is .43 fwiw
[11:51] {Threei}  (GE) Germany Chancellor Merkel: Investors have rationale for concern over debt levels given Spain's unemployment and real estate 'bubble'
[11:51] {Threei}  - There is no other solution beyond trimming deficits; the stable Euro has helped during the crisis
[11:55] {Les} damn she is definitely not reading the white house script anymore
[12:05] {Threei}  BP UK Prime Minister Cameron: BP must stay financially stong and stable, company is "economically important" (33.87, +1.09, 3.33%)
[12:23] {Les} APC read here vad?
[12:24] {Threei}  not really
[12:24] {Les} ok
[12:24] {Threei}  WFC... chart's right for another breakdown, but sooo sloooow
[12:27] {Les} s nem .94 stop above .05
[12:31] {Les} NEM 1:1
[12:37] {Les} bye, c u's monday, out to dinner
[12:37] {Threei}  take care les, have a good weekend
[12:38] {shorty} bye les
[12:45] {Threei}  UK) Unite Union: Strikes by public sector workers over government austerity measures are possible this summer
[12:45] {Threei}  is there any single union cal,ling for strikes that would offer any kind of solution?
[12:46] {Threei}  - Speaking at a rally for striking British Airways cabin crew, Len McCluskey, assistant general secretary of Unite, said: "When any service workers take industrial action, innocent members of the public are affected. This coming summer when the government attacks public sector workers, streets will not be cleaned, bins will not be emptied."
[12:47] {Threei}  "government attacks public sector workers"
[12:48] {Threei}  don't you love the language
[12:49] {shorty} anyone hurt?
[12:49] {Threei}  I envision fat guys in suits and ties, mounting horses and swinging sabres, coming with war screams at the handful of scared smallish malnutritioned scrawny-looking folks
[12:51] {shorty} while holding a doughnut in their mouth.
[12:52] {shorty} Don't know if you car Threei but,
[12:52] {shorty} care
[12:54] {Threei}  I do
[12:54] {Threei}  I'll be happy if 20 more of them follow the suit
[12:54] {shorty} lol
[12:54] {Threei}  I can't believe what is happening here re: HST'
[12:55] {shorty} Threei....shaman of Vancouver Iskand.
[12:55] {Threei}  never have I thought I'd see such blatant ignoring of the public opinion
[12:55] {shorty} I sensed that,
[12:55] {Threei}  goverment imposing huge fiscal change against 85% of population?
[12:55] {Threei}  white mad 85%
[12:56] {shorty} But they know better than the 85%
[12:56] {Threei}  unbelieable
[12:57] {shorty} Help me understand the HST Threei.  Dumb it down a bit.
[12:57] {Threei}  as of now, we have 7% PST and 5% GST
[12:57] {Threei}  some good and services are not the subject of PST
[12:57] {Threei}  so they are taxed at 5%
[12:58] {Threei}  change comes to replacing both taxes with single one, HST,
[12:58] {Threei}  at the 12% level
[12:58] {Threei}  and the slight of hand is:
[12:58] {Threei}  it covers everything GST used to cover
[12:58] {Threei}  so a lot of things that were taxed at 5% become taxed at 12
[12:58] {shorty} :O
[12:59] {Threei}  The mechanics of PST and HST are different for businesse
[12:59] {shorty} you need a mad face in the smile column.
[12:59] {Threei}  HST doesn't accumulate in the chain
[12:59] {shorty} Go to washington and shop away.
[12:59] {Threei}  so businesses pay less
[13:00] {shorty} Get dino to be your ship to guy.
[13:00] {Threei}  Thus whole thing, being net neutral for the government, becomes a tax transfer
[13:00] {Threei}  from business to citizenry
[13:00] {Threei}  Idea under it was:
[13:00] {Threei}  business will pass lower costs to buyers
[13:01] {Threei}  compensating for the higher tax
[13:01] {Threei}  Reality: yeah right
[13:01] {Threei}  imagine for instance whole restaurant menus becoming 7% higher
[13:01] {Threei}  just an example
[13:01] {nemo} bidu vad .10 break
[13:01] {Threei}  will people be white mad?
[13:01] {nemo} ?
[13:02] {nemo} oops
[13:02] {Threei}  nah
[13:02] {Threei}  chart's right but BIDU with 10 cents stop, I doubt it
[13:03] {Threei}  or, to add a flavor:
[13:03] {Threei}  commisions of real estate agents become 7% higher
[13:04] {Threei}  and we are talking about many many thousands, this is a prvince with the most expensive RE in Canada
[13:05] {shorty} What a mess Threei.
[13:05] {Threei}  plus, whole thing was introduced in a manner that by itself would get anyone mad:
[13:05] {Threei}  ruling party clearly answered question about HST during election with "no plans for that",
[13:05] {Threei}  and many times in the past damned the idea
[13:06] {Threei}  In two weeks after winning the election they introduced it
[13:07] {Threei}  cynicism of this turn itself got people screaming
[13:07] {Threei}  petition to repeal it gathered necesseary 10% and more, first time such petition was successful
[13:07] {Threei}  next step if govt is not backing down will be recall petition
[13:08] {Threei}  and I bet it will be successful too
[13:08] {RonS} dino, this spike nflx:
[13:08] {RonS} Netflix to buy back up to $300 mln in shares       06/11 11:01 AM
[13:09] {RonS} ...see a play here?
[13:13] {Threei}  Reportedly bipartisan group of US congressmen circulating letter to colleagues opposing a Senate proposal to regulate debit card swipe fees
[13:13] {dino} distracted
[13:14] {RonS} ...sheesh, i can't short it...
[13:14] {dino} out v .15, +.40
[13:15] {dino} taking off early, later all
[13:15] {Threei}  have a good weekend dino
[13:15] {dino} u2
[13:16] {shorty} bye dino
[13:17] {shorty} too late, he will never know.  :(
[13:17] {RonS} 3i, see anything w/ rig?
[13:18] {Threei}  total toss-up
[13:32] {RonS} lvs flagging for another run or breakdown?
[13:33] {Threei}  rather bounce...
[13:33] {Threei}  but needs market help
[13:34] {Threei}  it's tronger than the market overall,
[13:34] {Threei}  enough to run if market stays neutral, but not enough go no matter what market does
[13:44] {shorty} Have a great weekend everyone.
[13:45] {nemo} cya
[13:45] {nemo} lookin at the 5 minute chart of the spy, we might be in for a late day run
[13:45] {RonS} cya
[13:46] {Threei}  take care shorty
[13:49] {nemo} bp short?
[13:49] {nemo} yep
[14:06] {Threei}  GR) Greece PM: Reiterates it is not an option to restructure debt or exit the Euro
[14:06] {Threei}  - Says EU stabilzation fund should be made permanent
[14:28] {Threei}  (MX) Mexico Environment Min: May seek global regulation of offshore drilling, Mexico and Pemex planning to sue BP due to Deepwater Horizon incident
[14:28] {Threei}  let's all pile up and sue them quickly
[14:37] {RonS} PETA better get on it:  Baghdad to cull a million stray dogs as rogue canine population soars
[14:41] {RonS} Wanna see Bill Cara fulminate?  Report: More than 1,400 former lawmakers, Hill staffers are financial lobbyists
[14:44] {Threei}  lol
[14:50] {Threei}  MED Hearing recent strength attributed to chatter the SEC has launched an investigation into Fraud Discovery Institute's Minkow (29.25, -0.11, -0.37%) (related LEN IOC )
[14:52] {Threei}  SEC investigating Fraud Discovery Institute
[14:52] {Threei}  love the irony
[14:52] {Threei}  next natural question is...
[14:52] {Threei}  well... anyone?
[14:53] {RonS} what is the meaning of oxymoron?
[14:53] {Threei}  who is going to investigate the SEC?
[14:53] {Threei}  and that
[14:53] {nemo} military intelligence
[14:54] {nemo} honest government
[14:54] {nemo} Vegetarian Vad
[14:54] {RonS} rinse
[14:54] {Threei}  sober nemo
[14:54] {nemo} Thanks for reminding me...
[14:54] {Threei}  lol
[14:55] {RonS} lcc afterburner
[15:00] {nemo} well, glass of wine...gotta' go workout later :)
[15:10] {RonS} wow:
[15:17] {nemo} Ron...there was a book written in the late 50's by a Cyberneticist from MIT name Norbert Wiener.  It was called "The Human Use of Human Beings"  He forsaw the "robotization" of industry and addressed those issues.  Very interesting read
[15:17] {nemo} o.k...maybe not that interesting, but...
[15:18] {RonS} ...didn't he invent the hot dog?
[15:19] {RonS} ok...maybe not that funny...
[15:19] {Threei}  lol
06[15:20] * nemo slaps RonS around a bit with a large Bratwurst
[15:20] {RonS} my preference actually...thanks.
[15:20] {nemo} frickin' dork
[15:21] {RonS} admit miss Les
[15:21] {nemo} mmmhhhhhh.....
[15:21] {nemo} No
[15:21] {RonS} lol...:D
[15:22] {nemo} although, he does make a relatively easy target
[15:22] {nemo} no sport in it anymore
[15:22] {nemo} It's like armwrestling your grandmother
[15:30] {Threei}  The Goldman Sachs Group Inc Fox's Gasparino: Following a settlement with the SEC, Blankfein may step down as Chairman or leave entirely
[15:30] {Threei}  - No indication of when a settlement would occur
[15:32] {Threei}  GR) Deutsche Bank CEO: Fiscal measures taken by Greece have changed his view about Greece
[15:32] {Threei}  - Speaking in Vienna after a speech there by the Greek PM
[15:32] {Threei}  - Note: DB CEO In May commented that he was doubtful Greece could repay debt over a period of time
[15:33] {Threei}  just FYI, DB is short Greek and Spain debt
[15:33] {nemo} I'm bored
[15:35] {RonS} i'm ready for a run...
[15:36] {nemo} stock run, or run run?
[15:36] {RonS} ...stock run
[15:36] {nemo} lvs
[15:36] {RonS} yep
[15:37] {nemo} thar she blows
[15:37] {nemo} damn runnus interruptus
[15:38] {RonS} no power yet in the genral market
[15:38] {nemo} low volume, wouldn't take much to gun it
[15:39] {RonS} big offer at .65
[15:39] {nemo} look at backup at .70
[15:40] {nemo} boy this could be the slingshot if it gets through
[15:43] {nemo} oh well...
[15:55] {RonS} have a good weekend everyone...
[15:55] {Threei}  thank you all
[15:55] {Threei}  have a good weekend, see you on Monday'