Wednesday, July 21, 2010

Jul 21 2010

Fair day with longs working as scalps, short plays for much nicer gains. No overly interesting charts to post though, just cookie-cutter stuff - some DBIs etc.

Session Time: Wed Jul 21 00:00:00 2010
[08:42] {Threei}  Morgan Stanley Reports Q2 adj $0.80 v $0.46e, R$7.95B v $7.9Be
[08:42] {Threei}  Wells Fargo & Co Reports Q2 $0.55 v $0.48e, R $21.4B v $21.4Be
[08:43] {Threei}  FCX Freeport McMoran Copper & Gold Inc Reports Q2 $1.40 v $1.28e, R $3.86B v $3.5Be
[08:48] {Threei}  CHKP Guides Q3 $0.56-0.60 v $0.57e, R$255-265M v $255Me; FY10 $2.30-2.40 v $2.31e, R$1.04-1.07B v $1.04Be - conf call comments (33.24, 0.00, 0.00%)
[08:49] {ese} morning
[08:49] {Threei}  ese :)
[08:51] {ese} morning vad.......was up at 4:30 so have spent some time re-reading your scalping course " How to Scalp any Market and Profit Consistantly"
[08:52] {Threei}  sorry for spoiling your morning...
[08:52] {ese} on the contrary..........
[08:53] {nemo} what?
[08:53] {nemo} did Les show up?
[08:53] {Threei}  well... I could really think of better ways to start out my day :)
[08:53] {ese} many my not find it an enjoyable read but I do
[08:53] {nemo} I think I'll agree with Vad ;)
[08:54] {ese} well.........
[08:54] {Threei}  I tried that, and then something of Kurt Vonnegut... guess what: Vonnegut win
[08:54] {ese} hmmmmmmm  just well...........
[08:54] {Threei}  BP testing support at .50
[08:55] {Threei}  inverted C&H
[08:56] {Threei}  (EU) ECB's Makuch: No reason to speculate on interest rate increases until next year (related EUR/USD EUR/GBP EUR/JPY BUNDS )
[08:56] {Threei}  excuse me Makuch... we will speculate about what we please and when we please
[08:57] {ese} ya!!!!!  that goes for me as well!
[08:59] {ese} hmmmmmm I like this VTSS fig18 example 7-6 in the book where the dialy looks exactly like the intraday chart.......they both scream of going up
[09:00] {Threei}  fractals...
[09:00] {Threei}  BP invalidated that C&H and shot up
[09:00] {Threei}  typical "fade setup"
[09:00] {ese} come again.......fractals?
[09:01] {Threei}  structure where part has the same characteristics as a whole
[09:01] {dino} gm all
[09:01] {ese} ahhhhhh
[09:01] {Threei}  in this case, smaller timeframe
[09:01] {ese} dino
[09:01] {ese} gotcha
[09:01] {Threei}  vs larger one
[09:01] {Threei}  dino :)
[09:02] {dino} :D
[09:07] {ese} vad question....do reverse cup and handles for shorts produce stronger moves than long cup and handles.....just looking at the RIMM example in the book
[09:08] {magoo} mnorning
[09:08] {ese} mags
[09:08] {Threei}  mags :)
[09:08] {Threei}  never tried to track that ese
[09:08] {ese} generally speaking.....
[09:08] {magoo} in anything vasd, wfc ms ?
[09:09] {Threei}  me??
[09:09] {Threei}  you think I don't have enough trading during normal hours, I would be so eager to trade before and afer?
[09:13] {nemo} took fcx break of .10  ;)
[09:13] {nemo} 1:1 so far
[09:13] {nemo} stop at .99
[09:15] {nemo} flat
[09:15] {nemo} out
[09:16] {nemo} that was fun
[09:16] {nemo} not really
[09:16] {Threei}  I don't get this trade, honestly
[09:16] {Threei}  stock is up 3+ bucks,
[09:16] {Threei}  vey volatile one even during normal trading,
Session Close: Wed Jul 21 09:16:35 2010

Session Start: Wed Jul 21 09:16:35 2010
Session Ident: #discussions
02[09:16] * Disconnected
02[09:18] * Attempting to rejoin channel #discussions
03[09:18] * Rejoined channel #discussions
[09:18] {ese} 65.10?
[09:18] {nemo} I went in there, toook half at .22 and was out other half at .99...wash
[09:18] {Les} you with us today Vad?
[09:18] {nemo} and looks like might be a rinse
[09:18] {Threei}  Les?
[09:18] {nemo} Vad?
[09:19] {Les} logging out, logging in....
[09:19] {ese} les is more?
[09:19] {Les} you having IP probs?
[09:19] {nemo} he saw you....automatic reaction
[09:19] {Les} les is no more
[09:19] {nemo} frickin' rinse
[09:19] {ese} nemo......where were you in on fcx?
[09:19] {nemo} .10
[09:19] {nemo} half out .22
[09:19] {nemo} stop was .99
[09:19] {nemo} got hit on 2nd half at stop
[09:20] {nemo} big offer .20
[09:20] {Threei}  risk is so not worth it on such trade
[09:21] {nemo} well, looking at the hourly chart, this thing could easily run to 70
[09:21] {nemo} also, it had pierced 68 once before
[09:21] {nemo} I missed it the 2nd time...actually wanted it there
[09:22] {nemo} but there was a big offer at .10, I thought that the 68 level would be safe
[09:22] {nemo} so far, it's gont to .90 and looks like it might test it again
[09:22] {Threei}  BP States of NY and Ohio file joint motion to be named lead plaintiffs in BP shareholder lawsuit (35.20, 0.00, 0.00%)
[09:22] {nemo} having said that, getting a bit close to the open for my ulcer
[09:26] {Threei}  watching WFC as candidate for the first trade
[09:26] {Threei}  well, LVS isd always on radar
[09:32] {Threei} Long Setup:  WFC  .30 break if stays above .20
Session Close: Wed Jul 21 09:33:39 2010

Session Start: Wed Jul 21 09:33:39 2010
Session Ident: #discussions
02[09:33] * Disconnected
02[09:34] * Attempting to rejoin channel #discussions
03[09:34] * Rejoined channel #discussions
[09:34] {Les} oh, now he is
[09:34] {nemo} yes
[09:34] {Threei}  is it me or server hiccup?
[09:34] {Les} frickin canadian IP
[09:35] {nemo} Les made a great call 3i
[09:35] {nemo} .....not
[09:35] {magoo} big pllbk GS AAPL WFC
[09:35] {Threei} Long Setup:  WFC  .10 break if stays above 27
[09:35] {magoo} YHOO lost 14
[09:36] {ese} well......i didn't want to talk you all either.......got cut off
[09:36] {shorty} in
[09:36] {Threei}  bounce time, market, let's go
[09:37] {Les} scalp or more
[09:37] {Threei}  more for me
[09:37] {lasertrev} morning
[09:37] {Threei}  trev :)
[09:37] {strider} out +.09
[09:37] {Les} vad lvs
[09:37] {Les} 25 recross?
[09:38] {Threei}  1:1, half out
[09:38] {Les} if holding .90?
[09:38] {Threei}  looks right les
[09:38] {Threei}  stop to under .10 for the balabce WFC
[09:39] {Threei}  scalpers win
[09:39] {Threei}  wait for it to lose 27 now
[09:39] {Les} evgv esd dvslprf
[09:39] {Threei}  then will reevaluate
[09:39] {Les} wfc was scalped ty
[09:39] {Les} wrong keys
[09:39] {Threei}  lol
[09:40] {Threei}  and they say my typing is bad
[09:40] {Threei} Long Setup:  LVS  .80 break
[09:41] {Threei}  if holding above .70 for day traders, .75 for scalpers
[09:41] {dino} gaps filled
[09:42] {Threei}  Reminder: Fed Chairman Bernanke scheduled to deliver his semi-annual monetary policy report to the Senate Banking Committee at 14:00ET
[09:42] {Threei}  **The testimony was pushed back to 14:00ET from 10:00ET, so there is a possibility the text will be released from embargo at 10:00ET.
[09:43] {Threei}  Wells Fargo & Co Exec: Sees continued growth in loans and in all businesses but too early to call this a sustained trend - conf call
[09:43] {Threei}  - Too soon to estimate the impact new regulation will have on business components
[09:43] {Threei}  - Combination with Wachovia is producing incremental revenue
[09:43] {Threei}  LVS 1:1, half out
[09:43] {Les} another scalp ty
[09:43] {Threei}  welcome
[09:44] {Threei}  stop for the balance to under .80 of course
[09:44] {Les} not giving market leeway after yesterdays whipsawing
[09:45] {nemo} edgx quotes again
[09:45] {Threei}  scalpers win again
[09:45] {dino} out mant .59, +.39
[09:45] {Les} wfc 27 b/d?
[09:45] {Threei}  LVS new low, WFC holding
[09:45] {Threei}  so no
[09:46] {Threei}  WFC is rather long candidate
[09:46] {Threei}  it's just that there is a CC going on
[09:46] {strider} BP
[09:46] {Threei}  which may introduce surprises
[09:46] {jfjf64} cc
[09:47] {Threei}  conference call
[09:47] {strider} long .41
[09:47] {jfjf64} ahh
[09:47] {jfjf64} the old  cc
[09:48] {strider} stop BP -.08
[09:48] {Threei}  WFC golding well
[09:48] {jfjf64} ms   lots  vol
[09:48] {Threei}  holding too
[09:48] {Threei}  let' do this
[09:48] {Threei} Long Setup:  WFC  .15 break half lot
[09:48] {Threei}  if stays above 27
[09:49] {Threei}  with something like 27.40 - 27.50 in mind
[09:50] {strider} in .08
[09:50] {nemo} nothing like cutting your stop in half
[09:50] {Threei} Long Setup:  MS  .35 half lot
[09:50] {dino} sm l whr .00
[09:50] {Threei}  if stays above .20
[09:52] {Threei}  SPY not holding lows
[09:52] {dino} whr stopped -.33
[09:52] {strider} stop
[09:52] {Threei}  WFC invalidated
[09:53] {Threei}  but not off radar
[09:53] {strider} stop MS
[09:54] {nemo} look for spy bounce at .13
[09:55] {Threei}  [CIS] IPO opens for trade at $10.10
[09:56] {Threei}  bipolar market - opens deep in red yesterday and runs all the way to green and higher,
[09:56] {Threei}  opens green today, drops back in red
[09:56] {nemo} the PPT
[09:56] {Les} taking everyone for a ride
[09:56] {nemo} mmmhhhh...red pill....blue pill?
[09:57] {Les} after hanging out with vad for a year....
[09:57] {Les} I'm asking myself "why didn't I take the blue pill!"
[09:58] {Les} conspiracy theories are so much easier to handle
[09:58] {Threei}  certainly
[09:58] {Threei}  reality is brutal
[09:59] {Threei}  conspiracy theories provide comfort blanket
[09:59] {nemo} I'm asking myself, "Why didn't Les take the cyanide?"
[09:59] {strider} BP bounce
[09:59] {Les} big belly laugh
[09:59] {Les} dufus
[10:00] {Threei}  MAGS Board Responds to Letter Received From Dissident Shareholders
[10:01] {Threei}  let's see if this is double bottom
[10:01] {jfjf64} ??
[10:01] {strider} sym?
[10:01] {Threei}  LVS, support is .60
[10:02] {Threei}  what is so unlcear??
[10:02] {strider} what stoc you were talkiing about.
[10:02] {Threei}  market
[10:02] {strider} stock
[10:02] {strider} that was unclear.
[10:02] {Threei}  then looking for stock to follow
[10:02] {jfjf64} ahh
[10:02] {Threei}  maybe because I typed just a first sentence?
[10:02] {Threei}  with call to follow?
[10:03] {jfjf64} the old stock to  follow
[10:03] {Threei}  which I am missing
[10:03] {Les} l whr .91 stop below .50
[10:03] {dino} mant sm l .35
[10:03] {Threei} Long Setup:  WFC  27.10 break if holding above 27
[10:04] {nemo} oops in
[10:04] {Threei}  not a scalp
[10:04] {dino} whr sm l .00 wide
[10:04] {magoo} in
[10:05] {nemo} 1/2 out .20
[10:05] {dino} cvlt l .00
[10:05] {Threei}  stop to .05
[10:05] {Threei}  giving it a little more breathing room then normally
[10:06] {Threei}  watching LVS for trigger
[10:06] {Threei}  not clear yet
[10:07] {Threei}  new low LVS, no entry yet
[10:07] {Les} whr stopped
[10:07] {dino} whr stopped again
[10:07] {nemo} wfc holding nicely so far
[10:07] {Threei}  yup
[10:08] {Threei}  WFC is my best bet on bigger move so far, just need market t stop making new lows
[10:08] {ese} L wfc .14
[10:08] {Threei}  why so far from trigger
[10:09] {Threei}  so by the book:
[10:09] {Threei}  half out WFC, stop to .07
[10:09] {Threei}  offer 1/4 more around .30
[10:10] {ese} out wfc .21 +.07
[10:10] {nemo} 50k shares ese?
[10:10] {Threei}  Fannie Mae Economics and Growth Mortgage Market Analysis Group: Expectations Shifting Down
[10:11] {Threei}  lol... anyone had their expectations up about that ugly creation??
[10:11] {ese} 4k nemo
[10:11] {Les} haven't heard housing numbers for a while
[10:11] {nemo} not feeling well ese?
[10:11] {Les} how are things?
[10:11] {Threei}  - Revised its projected growth for 2010 to 2.8 percent from 3.2 percent, and remains on guard for a setback amidst increased uncertainty and downside risks.
[10:11] {Threei}  -The group now expects housing sales in 2010 to be basically flat, though it expects a modest recovery for housing in the fourth quarter and into next year -- due in large part to the support that historically low mortgage rates are providing.
[10:12] {ese} but i'm going to swing long athr with quite a few i think
[10:12] {Threei}  stop can be trailed to under .10 now
[10:12] {ese} check out how it's had the you know what kicked out of it right at the open the last 2 daays
[10:13] {ese} smacks of manipulation to get shs at better price
[10:13] {ese} and after a very good Q yesterday
[10:14] {Threei}  FCX Exec: order books filling more strongly than for some time - conf call (66.80, +2.48, 3.86%)
[10:15] {Threei}  FCX
[10:15] {Threei}  huge ofer gets eaten
[10:15] {Threei}  67
[10:15] {ese} l athr .85
[10:16] {Threei}  like broken dam
[10:16] {Les} l fcx .01
[10:16] {nemo} lucky bastard
[10:16] {Threei}  you have 1:1
[10:16] {nemo} tuned in a hair too late
[10:16] {Les} out .24
[10:16] {magoo} c'mon wfc
[10:16] {jfjf64} nice les
[10:17] {magoo} looks good
[10:17] {dino} athr hl l .90
[10:17] {nemo} butting right up against vwap les
[10:17] {Les} out .24 nemo
[10:17] {nemo} yeah saw that
[10:18] {Les} good observation though. didn't see that.
[10:18] {strider} l athr .84
[10:18] {nemo} I'm not as dumb as you look, Les
[10:19] {Threei}  do we set new highs in sophistication of the insults?
[10:19] {nemo} not until I introduce terms like "luddite" and "phillistine"
[10:19] {Les} yeh that's pretty lame
[10:19] {Threei}  what happened to gool old "cake in the face"
[10:19] {nemo} put it in the slap menu
[10:20] {nemo} It's a variation on a self-deprecating comment I make les
[10:20] {Les} stopped remainder wfc +:01
[10:20] {Les} yeh but it's still lame
[10:20] {Threei}  sheesh.... scalpers win again
[10:21] {Threei}  what is it, third time today?
[10:21] {nemo} every time
[10:22] {ese} theres a slap menu?
[10:24] {shorty} LVS THreei?
[10:25] {Les} what is it with index rising but wfc and whr stuck in neutral
[10:26] {Threei}  don't see anything definite on it shorty
[10:26] {shorty} thanks
[10:26] {Threei}  sharp pullback closer to .60, I'd be interested
[10:26] {Threei}  breaks on it lok like traps
[10:27] {shorty} I will wait
[10:28] {Threei}  RIMM, let's see if it gives us pullback to about .10
[10:28] {Threei}  not so far
[10:29] {strider} out ATHR +.12
[10:29] {strider} .98
[10:29] {strider} .96
[10:29] {dino} gj
[10:29] {strider} thanks, dino & ese
[10:30] {ese} no probs
[10:30] {Threei}  *DOE CRUDE: +360K V -1ME; GASOLINE: +1.1M V +1ME; DISTILLATE: +3.9M V +1.6ME; UTILIZATION: % V 90.2%E
[10:32] {Les} jeezuz market gone to sleep already
[10:32] {Threei}  I doubt it
[10:33] {Threei}  some fireworks seem to be in preparations
[10:33] {shorty} another one Threei....STX?
[10:33] {Les} wfc and whr on screen. both sleeping
[10:33] {Threei}  no idea on this one, shorty
[10:33] {shorty} too narrow?
[10:33] {shorty} ok..ty
[10:33] {Threei}  it can move
[10:34] {Threei}  I just don't see much ojn it to indicate a trade
[10:34] {Threei}  RIMM
[10:34] {Threei}  getting interesting
[10:34] {shorty} Was think long on it, but won't risk anything.
[10:34] {Threei}  54 support
[10:34] {Threei}  .11 break trtrigger, half lot
[10:35] {Threei}  if stays above 54 of course
[10:36] {ese} bouncing around like a bungy chord dino athr
[10:38] {Threei}  no go RIMM
[10:39] {Les} q's got resistance
[10:40] {nemo} volume spike rimm
[10:41] {Threei}  BP selloff
[10:41] {Les} s vale .90 small
[10:43] {Les} target gap closue
[10:43] {Les} closure
[10:45] {dino} not thrilled w/it es
[10:45] {dino} .69 is stop
[10:46] {strider} It's quiet.....too quiet.
[10:46] {shorty} BP inverted C/H?
[10:46] {dino} stopped
[10:46] {ese} me either but will hang on
[10:47] {Threei}  I don't see it
[10:48] {ese} me hanging on vad?
[10:48] {Threei}  ?
[10:48] {strider} ese.  {shorty} BP inverted C/H?
[10:48] {ese} will get rid of it if the market really goes red but right now it's even steven......
[10:51] {Les} vale stopped -.03. waiting for fireworks
[10:51] {Threei}  RIMM rinsed
[10:51] {Threei}  rude
[10:51] {jfjf64} yeah  lookin  also
[10:51] {jfjf64} grrr
[10:53] {Threei}  shrug
[10:53] {Threei}  some of them do that sometimes
[10:54] {jfjf64} yup   takin notes
[10:54] {Threei}  WFC lost lustre
[10:54] {Threei}  maybe becomes a short on 27 break
[10:54] {Threei}  not sure, watching
[10:54] {Threei}  MS Brokerage Unit CFO: Profit margin goals (of 15%) could potentially be missed - comments ahead of formal conf call (27.38, +2.16, 8.56%)
[10:55] {Threei}  looks right to me
[10:55] {Threei} Short Setup: WFC  27 break
[10:55] {Threei}  if stays under .10
[10:57] {jfjf64} battle
[10:57] {Les} fas losing MA support
[10:58] {ese} yaaaaa and let that be a lesson to ya.........don't come back ehhhhhhh
[10:59] {ese} or you'll really get vad's steel toe boot
[10:59] {Les} s vale .79. bit of consolidation now. .95 stop
[11:00] {shorty} Threei.....what is going on in Russia?  http://www.guardian.co.uk/world/2010/jul/20/animal-cruelty-parasailing-donkey-russia
[11:00] {Threei}  shrug
[11:00] {Threei}  how would I know
[11:01] {shorty} I might have laughed when I read that...I don't recall.
[11:01] {ese} that was me........thats the way i look when i fly
[11:01] {dino} cvlt out +.11 ave
[11:02] {shorty} lol
[11:02] {ese} good one dino
[11:03] {strider} my stop WFC .06
[11:03] {Threei} Short Setup: LVS  .60 break
[11:03] {Les} friking q's right here. bouncing off 200ma again.
[11:03] {Threei}  if stays under .70 for day traders, under .65 for scalpers
[11:06] {Les} support getting tested... c'mon down
[11:06] {Threei}  WDC 1:1
[11:07] {strider} out WFC +.11
[11:07] {Threei}  LVS, superduperextrascalpers got 1:1
[11:07] {shorty} missed WFC!  was on the phone
[11:07] {Threei}  phones...
[11:07] {Threei}  they are the worst
[11:07] {Les} covered half wfc
[11:07] {Threei}  world was so good before those
[11:08] {shorty} I agree
[11:08] {Les} now it is internet. no one phones me
[11:08] {Threei}  oh, the the ultimate evil is iphone
[11:08] {nemo} you don't have to pick it up
[11:08] {Les} but I must force myself to get away from the screen
[11:09] {strider} out LVS +.06
[11:09] {Threei}  LVS, sane traders got 1:1
[11:09] {strider} missed the move
[11:09] {Les} yay still ion
[11:09] {Threei}  1:2
[11:09] {Threei}  1/4 more out
[11:09] {Les} FIREWORKS
[11:09] {Threei}  finally things started working
[11:10] {Threei}  LVS 1:3
[11:10] {Threei}  out in full
[11:10] {nemo} what were those setups when you get a chance Vad
[11:10] {strider} HOG didn't drop
[11:10] {Threei}  DBI
[11:11] {Threei}  with little variations
[11:11] {Threei}  insiognificant
[11:11] {Les} 50ma holding it up strider
[11:11] {strider} I see.
[11:11] {strider} very important.
[11:11] {Threei}  plus strogn feeling that market was getting ready to break down
[11:11] {Les} s hog .,09
[11:12] {jfjf64} very  nice ms
[11:12] {Threei}  WFC bounce just 3 cents shy of second target
[11:12] {jfjf64} ty
[11:12] {Threei}  snyway, stop to b/e for the secong half
[11:12] {strider} amzn
[11:13] {jfjf64} all droped same time
[11:13] {jfjf64} fas  ect
[11:13] {Threei}  sure, SPY broke down
[11:13] {jfjf64} good  job
[11:13] {Threei}  I have my moments
[11:14] {Les} all covered wfc ty sir
[11:14] {Les} maybe bounce time
[11:14] {Threei}  welcome
[11:14] {Threei}  I'll play WFC by the book
[11:15] {ese} alright....will this be the one........athr to theeeeeeeeeeee moooooooooooon!!!!!!!!!!!!
[11:15] {Threei}  lol
[11:15] {ese} nope
[11:15] {Threei}  {ATHR} what am I, alice?
[11:15] {ese} lol
[11:16] {dino} whr sm l .00
[11:16] {nemo} Go ask Alice, I think she'll know  ;)
[11:16] {shorty} are you looking for a d/b on LVS Threei?
[11:16] {Threei}  we have nice percentage of winners today, especially those who limited themselves to scalps at 1:1 on long side,
[11:16] {Threei}  but RIMM left unpleasant taste
[11:16] {Threei}  that was so rude of it
[11:17] {Threei}  not at the moment shorty
[11:17] {Threei}  I don't view market as ready to bounce
[11:17] {shorty} ty
[11:18] {nemo} spy probably going to .75 or .62
[11:19] {Threei}  ok WFC, time to die
06[11:20] * Threei hits WFC over the head with 2x4
[11:20] {jfjf64} ditto
[11:20] {magoo} CMTL CMTL
[11:20] {magoo} jesus
[11:20] {Threei}  CMTL Unit advised by US Army it has not been selected as program manager for Blue Force Tracking 2 (FBCB2-BFT-2) program
[11:20] {dino} cmtl drop
[11:20] {dino} opps
[11:20] {nemo} in tna .61
[11:21] {strider} long HOG .10
[11:21] {nemo} 1/2 out .70 , stop b/e
06[11:21] * Threei pokes WFCin the ribcage with eclectrocharged sharp stick
[11:21] {Les} hog covered -.04
[11:22] {_wyousuf} Van what do u think of NEM for a short?????
[11:22] {Threei}  NEM... no clear setup here, tested day's low and moved up above nearest resistance
[11:22] {Threei}  can do anything, not indicative either way
[11:24] {lilyd} no, she isn't
[11:25] {Threei}  who?
[11:25] {Threei}  what?
[11:26] {Threei}  1/4 more covered WFC
[11:26] {dino} vsat
[11:26] {Threei}  violence works
[11:26] {Threei}  if trailing by the book, stop to above .90
[11:27] {dino} vsat sm s .49 wide
[11:27] {Threei}  VSAT Ticking higher following chatter it could be awarded the Blue Force Tracking contract recently denied to CMTL (35.04, +1.68, 5.04%) (related CMTL )
[11:28] {magoo} will take ya down 10...but only up 2
[11:29] {dino} stopped vsat
[11:29] {Threei}  well... what is stronger, desire to commit (which is required for opening position), or fear of commitmnet (which is required to close position)?
[11:30] {dino} rinsed again
[11:30] {Threei}  WFC out .65
[11:30] {nemo} stopped 2nd half tna  scalpers win!
[11:31] {Threei}  on long side they do
[11:31] {Threei}  on short one, we sane traders win
[11:31] {Threei}  and scalpers are crying bitterly
[11:31] {nemo} sanity is overrated
[11:31] {Threei}  true... sorry for promoting obsolete concepts
[11:31] {nemo} I've got an aunt, coupla' sandwiches short of a picnic
[11:31] {Threei}  anyway, .30 on LVS and .34 on WFC
[11:32] {nemo} she's 102, wouldn't think se was 75
[11:34] {strider} guess who's......
[11:34] {Threei}  grand signing of grand bill
[11:34] {strider} isn't it all just.....grand.
[11:35] {Threei}  it so is
[11:36] {Threei}  primary cause of crisis was rsky bets with borrowed money
[11:36] {Threei}  really?
[11:36] {Threei}  ok... whatever
[11:37] {magoo} only positive with current crisis is kept gun control out of his grasp
[11:37] {magoo} barney and dowd worked day & NIGHT LOL
[11:38] {Threei}  yeah
[11:38] {magoo} his wife unhappy
[11:39] {Threei}  not going there
[11:39] {strider} Barney's?
[11:39] {Threei}  sigh
[11:39] {Threei}  strider is though, lol
[11:39] {magoo} barney a gay boy
[11:39] {strider} I don't understand this discussion.
[11:39] {strider} But that doesn't keep me from participating.
[11:40] {Threei}  lol
[11:40] {strider} I know, mags
[11:41] {magoo} oh
[11:42] {strider} that was a joke.
[11:42] {magoo} well u know so little i assumed lol
[11:42] {strider} His wife's name is steve.
[11:42] {Threei}  not that there is anything wrong with that
[11:43] {strider} Not at all.
[11:43] {dino} owner of back door inn
[11:43] {magoo} i know..i luv gy people..i wish i was gay - george castanza
[11:44] {Threei}  wow, WFC
[11:44] {Threei}  can do even more
[11:44] {strider} HOG getting on my nerves.
[11:45] {Threei}  discretionary trade:
[11:45] {Threei}  want RIMM long, but don't want to buy this break,
[11:45] {Threei}  so watching for pullback shaking out breakout buyers,
[11:45] {Threei}  want an entry around .10
[11:45] {Threei}  half lot
[11:45] {nemo} bp
[11:46] {Threei}  "there will be no more bailouts"
[11:46] {Threei}  not thanks to this bill
[11:46] {Threei}  it in fact ligitimizes bailouts
[11:46] {Threei}  only typed right, lol
[11:47] {Threei}  WFC 1:5, believe it or not
[11:48] {Threei}  a bit more RIMM
[11:48] {Threei}  ideally, dive under .10,
[11:48] {Threei}  holding 54,
[11:48] {Threei}  then crossing back over .10 for an entry
[11:49] {nemo} I thought you said you were sane?
[11:49] {Threei}  ??
[11:49] {Threei}  never did I say anything even cl,ose to that
[11:49] {magoo} jesus hes an EGO maniac
[11:50] {Threei}  me?
[11:50] {nemo} [11:30] {&Threei}  on short one, we sane traders win
[11:50] {Threei}  hmmm
[11:50] {Threei}  oh yes... sorry nemo, tha was a moment of insanity on my part
[11:50] {nemo} trying to wrap my brain around that
[11:51] {Threei}  don't, olr you'll lose whatever sanity you have left
[11:51] {magoo} obama i mean
[11:51] {Threei}  oh
[11:51] {Threei}  lol
[11:51] {magoo} pomp surrounding signing
[11:51] {nemo} I thought mags was looking in a mirror
[11:52] {Threei}  no chance for entry so far RIMM,
[11:52] {Threei}  but I am not chasing it
[11:53] {Threei}  not RIMM and not in this market
[11:53] {nemo} loooks like it has about a .40 ceiling too
[11:53] {magoo} but would u chase barney frank in the market square?
[11:53] {Threei}  so far, all longs wroked for scalps only, and shorts worked much better,
[11:53] {nemo} oh gawd
[11:53] {jfjf64} ahhhhhh
[11:54] {Threei}  but it seems market tries to reverse
[11:54] {Les} walked into CMTL and had my head served on a platter. so I am walking for the day.
[11:54] {jfjf64} guess  means  YES
[11:54] {Les} c u's tomorrow
[11:54] {nemo} why don't you take the rest of the week off
[11:54] {Threei}  gosh Les...
[11:54] {Les} why don't you call Barney Frankj
[11:54] {jfjf64} ciao  les
[11:54] {Threei}  stay away from these monsters
[11:54] {lasertrev} later les
[11:55] {Les} yeh I'm a dick
[11:55] {Les} wanted to work with 100 shares, but walked in with default.... ah larger shares
[11:55] {jfjf64} les  ya  smarter  then  that
[11:56] {Threei}  still not sure it's time for longs...
[11:56] {Les} pulled off two scalps after I got my act togethor, but walked in so stupidly
[11:56] {Threei}  can easily turn a trap
[11:58] {jfjf64} ms
[11:59] {jfjf64} look  daily
[11:59] {jfjf64} .75
[11:59] {ese} L athr added to pos Avg .99
[12:00] {dino} cmtl sm l .35
[12:00] {Threei}  jf, I see what you mean,
[12:01] {Threei}  but I can't bring myself to buy it here
[12:01] {_oysterman} cmtl what u buy at?
[12:01] {Threei}  you likey, you takie
[12:01] {Threei}  oysterman, you mean this?
[12:01] {Threei}  {dino} cmtl sm l .35
[12:01] {Threei}  means in dino's abbreviations:
[12:01] {Threei}  small, long , .35 entry
[12:02] {dino} careful w/my trades oyster
[12:02] {_oysterman} entered long 31.35?
[12:02] {Threei}  right
[12:02] {_oysterman} out at?
[12:02] {Threei}  he isn't yet, but he hunts for bigger moves usually
[12:03] {Threei}  warning to all newer folks:
[12:03] {Threei}  dino's trades are somewhat different from our normal ones and carry much higher risk,
[12:03] {Threei}  his stops are wider, position size is smaller to accomodate more volatility,
[12:03] {Threei}  and he plays thin volatile stocks
[12:03] {Threei}  I must add, he does it masterfully,
[12:04] {Threei}  but you need to be comfortable with bigger risk to play what he does
[12:04] {magoo} and may i adsd sir...?
[12:05] {magoo} u better dam well put a HARD stop in ahead
[12:05] {Threei}  yeah, stop discipline is like religion
[12:05] {nemo} yeah, air pockets develop
[12:05] {Threei}  it's not even a matter of discussion
[12:05] {dino} and he's a pretty cool dude
[12:05] {Threei}  you trade - you keep your stops
[12:06] {_oysterman} what was the stop?
[12:06] {Threei}  if you don't, you are dead, no matter how genius your trades are
[12:06] {ese} I would like to add thats he does it masterfully as well........dino that is
[12:06] {dino} .99
[12:06] {dino} now flat
[12:06] {magoo} but as it applies to dino...if its not HARD STOP, u will be DEAD DEAD DEAD
[12:07] {Threei}  3 times dead?
[12:07] {Threei}  as in deader than dead, and possibly deadest?
[12:07] {nemo} Bring out your deaaaad!
[12:08] {nemo} flashbacks are tough
[12:08] {Threei}  Fed Chairman Bernanke is due to provide his semi-annual monetary policy report to the Senate Banking Committee later this afternoon and there seems to be some cautious sentiment ahead of his remarks. Recall that yesterday's spurious rumor that the Fed would cut interest paid on reserves; traders seem to be wary follwoing yesterday's run up.
[12:09] {ese} how bout the World hide and seek championship
[12:09] {ese} or......instruction when being attacked by passion fruit
[12:09] {nemo} starting to maybe like tza  as an IH&S
[12:09] {nemo} bp might have bottomed too
[12:10] {dino} to .75
[12:10] {dino} to .79
[12:10] {nemo} ehhh...didn't retrace
[12:11] {dino} .85
[12:11] {dino} to .88
[12:12] {dino} out slipped to .86, +.51
[12:12] {Threei}  RIMM got away
[12:12] {Threei}  oh well
[12:13] {Threei}  but seriously, chase breakout at lunch time... who would have done that
[12:13] {strider} out HOG +.07......torture.
[12:13] {strider} no bacon is worth that.
[12:13] {Threei}  even those two shorts we hit right were on the edge of tradeable time
[12:13] {jfjf64} they  dont  call me  chaser 4 nothin
[12:14] {Threei}  lol
[12:14] {Threei}  you took it?
[12:14] {jfjf64} lol
[12:14] {jfjf64} n
[12:14] {jfjf64} to  disipline
[12:14] {dino} chaser, good nickname
[12:14] {jfjf64} comon
[12:14] {magoo} jf, change your handle in here to chaser
[12:14] {dino} reminds me of tequilla
[12:14] {jfjf64} lol
06[12:14] * strider slaps dino around a bit with a large shaker of salt.
[12:14] {magoo} ill go to " mojo"
[12:15] {magoo} and dino can be " airpocket"
[12:15] {jfjf64} was  drinkin that  last  night   dino
[12:15] {strider} and les can be................uh,
[12:15] {strider} les.
[12:15] {dino} what brand?
[12:15] {Threei}  hmmm... I just got 5 dccs from girls claiming that if magoo's nick changes to mojo and jf's - to chaser, they quit... and we have just 4 girls in the room!
[12:15] {jfjf64} hmm  what  will nemo  be
[12:16] {Threei}  that's how much they disliked the idea
[12:16] {strider} that's the 64 dollar question, jf.
[12:16] {magoo} seriously? why?
[12:16] {Threei}  I don't ask
[12:16] {magoo} more accurate to identify us for newbies
[12:16] {dino} magoo mojo, reminds me of austin powers losing his
[12:16] {jfjf64} look  lvs
[12:16] {Threei}  then dino will be what, T-Rex?
[12:16] {jfjf64} chaserrrrrrrrrrrrrrrrr
[12:17] {magoo} well, thats the essence of mojo dino...comes and goes
[12:17] {Threei}  [11:54] {Threei} but it seems market tries to reverse
[12:17] {magoo} [12:15] {magoo} and dino can be " airpocket"
[12:17] {Threei}  too bad I had too little confidence in that feel
[12:17] {jfjf64} and  nemo
[12:18] {jfjf64} what  ya  gonna  change ya  name to
[12:18] {nemo} [12:04] {magoo} and may i adsd sir...?
[12:18] {nemo} [12:04] {magoo} u better dam well put a HARD stop in ahead
[12:18] {nemo} [12:05] {&Threei}  yeah, stop discipline is like religion
[12:18] {nemo} [12:05] {nemo} yeah, air pockets
[12:19] {jfjf64} well guys  and   dolls  time  4  little   lunch
[12:19] {Threei}  ok, discretionary,
[12:19] {Threei}  for those only who feel like they miss a move,
[12:19] {Threei}  and don;t mind somewhipsaws:
[12:20] {Threei}  LVS long on pullback near .70
[12:20] {Threei}  with stop under .60
[12:20] {Threei}  no clear trigger, so no formal alert
[12:20] {magoo} where target? .94 area?
[12:20] {magoo} or over?
[12:20] {Threei}  about that, yes
[12:20] {magoo} where u exiting so i can 1 cent ya :)
[12:21] {nemo} you have resistance at .86
[12:21] {jfjf64} hmm  that  wd  be  nice  nice
[12:21] {Threei}  I am not touching these plays personally
[12:21] {nemo} ahhhh
[12:21] {Threei}  I don't fdeel like I am missing anything, and not too anxious to trade right now
[12:21] {jfjf64} ahhhhhhhhhhhhh
[12:21] {strider} OK...double lot.
[12:21] {Threei}  12:19] {Threei} ok, discretionary,
[12:21] {Threei}  [12:19] {Threei} for those only who feel like they miss a move,
[12:21] {Threei}  [12:19] {Threei} and don;t mind somewhipsaws:
[12:24] {shorty} Going to call it a day here. Will see you guys latter tomorrow morning.  Good picks today Threei, thanks.
[12:25] {Threei}  take care shorty, see you tomorrow
[12:25] {strider} see ya shorty.
[12:25] {shorty} :)
[12:25] {jfjf64} ciao shorts
[12:25] {strider} GS c&h
[12:25] {strider} wise
[12:25] {strider} wise
[12:25] {strider} crp...wide
[12:26] {strider} somebody moved my 'd'
[12:26] {Threei}  don't put cheese on it
[12:26] {nemo} fcx C&H on 5 minute
[12:26] {strider} ya think?
[12:27] {Threei}  GS is a pullback stock, not breakout stock
[12:27] {nemo} frickin' hillbilly
[12:27] {Threei}  you want it, get it here
[12:27] {Threei}  on pullback to .50
[12:27] {strider} not me.
[12:27] {magoo} imn lvs
[12:27] {magoo} in
[12:28] {Threei}  there
[12:28] {Threei}  clean setup GS
[12:28] {Threei}  .50 break if stays above .35
[12:29] {Threei}  invalidated
[12:29] {strider} of course it never does.
[12:30] {Threei}  never?
[12:30] {magoo} best GS play is on a BIG dump bounce
[12:30] {magoo} like 1 1/2 points
[12:31] {strider} I've had decent luck with GS swings a few days...2-5 points.
[12:32] {Threei}  (EU) IMF: Euro is "close to its fundamental value," European debt crisis could cut 2010 GDP by 2% (related EUR/USD )
[12:32] {magoo} vad, keep eye on WFC
[12:33] {Threei}  IMF seriously think they know "fundamentaL VALUE" OF THIS OR THAT CURRENCY
[12:33] {magoo} aejpj;wlr
[12:33] {Threei}  what hubris
[12:39] {Threei}  LVS is close to your target mags
[12:39] {Threei}  close enough not to let it slip away
[12:40] {jfjf64} exktly
[12:40] {magoo} oh yea..ty out
[12:40] {magoo} .91
[12:40] {Threei}  wrong spelling jf... it spells "eqzaktly"
[12:40] {jfjf64} apologxe
[12:40] {Threei}  sin no more
[12:41] {nemo} thanks Rasputin
[12:43] {ese} eeeeeeyeowwwwwwzzzza....athr baby!
[12:44] {dino} nice es
[12:45] {ese} tks........
[12:48] {ese} aye lads........ya got yer bloody haaf eh day consoulidation......et shu go fer a while ehhhh!!!!1
[12:48] {nemo} in fcx .91 stop .83
[12:51] {nemo} croaked
[12:53] {Threei}  - Even if the Euro Zone debt crisis is successfully contained, the recovery will still be moderate and uneven.
[12:53] {Threei}  - Fiscal consolidation and coordinated action is essential to deal with the debt crisis.
[12:53] {Threei}  - Euro Zone must establish a financial stability framework now, including stronger fiscal discipline.
[12:53] {Threei}  - IMF believes "little is being done" to address structural problems in the Euro Zone.
[13:02] {nemo} 1/2 out fcx .95
[13:03] {magoo} vad, any read FAS?
[13:03] {dino} whr stop to .99
[13:06] {Threei}  nah
[13:10] {dino} cmtl drop
[13:19] {dino} whr to .49
[13:19] {nemo} http://abcnews.go.com/Business/gold-coin-dealers-decry-tax-law/story?id=11211611
[13:25] {nemo} fcx short?
[13:26] {Threei}  probably
[13:26] {Threei}  kind of 51/49
[13:26] {nemo} yeah
[13:27] {nemo} http://thehill.com/blogs/congress-blog/economy-a-budget/109869-currency-tax-a-way-to-invest-in-our-future-rep-stark
[13:29] {strider} back before the close.....
[13:29] {nemo} ?
[13:29] {strider} got run some errands.
[13:31] {dino} whr to .99
[13:32] {nemo} where'd you get in?
[13:34] {dino} 85.00
[13:34] {dino} posted long time ago
[13:35] {nemo} OMFG!!!
[13:35] {nemo} might go to 88
[13:35] {dino} gut says to flat
[13:36] {nemo} 200 on the 5 minute is at 88.50 and declining
[13:36] {nemo} figure it'll be at 88
[13:39] {dino} hope so
[13:39] {dino} needs a bit of mkt help
[13:41] {dino} take it to .15
[13:49] {Threei}  market frozen solid
[13:49] {Threei}  so's my grey matter actually
[13:53] {magoo} .
[13:53] {ese} zzzzzzzzzzzzzzzzhum hum hum.........ahhhhh lets see how athr is doing.....oh well it's up a little..........hum hum zzzzzzzzzzzz
[13:54] {dino} giddy-up, in  my best cosmo kramer voice
[13:56] {dino} cmtl lod
[14:00] {dino} air pocket dji
[14:00] {Threei}  *(US) FED'S BERNANKE: ECONOMIC OUTLOOK UNUSUALLY UNCERTAIN; FED WILL TAKE MORE POLICY ACTION IF NEEDED - SENATE TESTIMONY
[14:00] {Threei}  careful
[14:00] {Threei}  big ben is yapping
[14:01] {Threei}  - Evaluating various methods to shrink balance sheet
[14:01] {Threei}  - Loan losses on most loans appear to have peaked
[14:02] {dino} out whr .14, +2.14
[14:03] {Threei}  - Affirms inflation to remain subdued over coming years
[14:03] {Threei}  wtg dino
[14:03] {dino} was better, but idiot bernie drops all
[14:05] {dino} cmtl db nemo?
[14:05] {nemo} I say yes
[14:06] {nemo} question becomes, hw does market weigh on it
[14:07] {nemo} almost got to 88 with whr
[14:07] {nemo} where you tinking dino
[14:08] {dino} .35 wanted but missed
[14:08] {nemo} it's right on trend line now
[14:08] {ese} tks bernackers ya dup.......i'm now dn .10 with athr
[14:09] {dino} he just killed the markets
[14:09] {dino} these guys should shut the f up
[14:09] {nemo} cmtl holding pretty well though
[14:09] {ese} maybe something a little more positive like...........OH MY FIRCKING GOD!!!!!!! IT"S GOING DOWN THE TUBES AND I CAN'T STOP IT......!!!!!!!!!!GOD HELP US ALL!!!!!!
[14:10] {nemo} yeah...that's positive
[14:10] {ese} that should do it
[14:10] {nemo} for an anarchist
[14:10] {dino} mkt at lod
[14:10] {ese} lol
[14:10] {nemo} if spy should bounce between herea and .62
[14:11] {nemo} cmtl dino
[14:12] {Threei}  EUR/USD Moves below late June acceleration point of 1.2770 post Bernanke's text
[14:12] {dino} ok in .50 sm
[14:13] {nemo} oh oh next stop, nost sure
[14:13] {dino} look whr, bernie talks it drops 2.50
[14:14] {nemo} frickin edgx agin
[14:15] {magoo} remove it nemo
[14:16] {nemo} wow, bernanke croaked cmtl
[14:16] {dino} cmtl stopped -.34
[14:16] {nemo} sorry dude
[14:17] {dino} not your fault
[14:17] {nemo} my analysis
[14:19] {nemo} in rimm .45
[14:20] {magoo} .42 here
[14:20] {nemo} 1/2 out .55
[14:20] {nemo} hot shit mags
[14:21] {Threei}  careful guys...
[14:21] {Threei}  it doesn't feel like selling is done
[14:22] {nemo} yeah I scalped out at .55
[14:22] {nemo} pivot support was .40...logical bounce point
[14:23] {magoo} ouut here .64
[14:23] {magoo} yt vad
[14:23] {magoo} yty
[14:23] {magoo} sigh
[14:23] {magoo} TY
[14:23] {Threei}  lol
[14:23] {Threei}  don't worry
[14:23] {nemo} yrta
[14:23] {nemo} yerta
[14:23] {Threei}  I got the general idea
[14:23] {Threei}  look at SPY
[14:24] {Threei}  major intersection
[14:24] {Threei}  it either skyrockets from herte or drops like stone
[14:24] {magoo} i had 2 short pos when uncle ben helped me out
[14:24] {magoo} lvs and gs
[14:24] {magoo} lucky
[14:25] {magoo} one mans pain is anothers pleasure
[14:29] {nemo} in tza.01
[14:30] {nemo} out .22
[14:31] {nemo} thanks Vad
[14:31] {Threei}  me?
[14:31] {Threei}  why?
[14:31] {nemo} you said you didn't think selling was done...thus tza
[14:31] {Threei}  don't get me wrong, I'll take credit if you insist
[14:31] {Threei}  ah
[14:31] {nemo} just send the bottle
[14:34] {Threei}  RIMM new low
[14:34] {strider} .
[14:34] {Threei}  perfect exit guys
[14:35] {nemo} on what?
06[14:35] * Threei slaps nemo around a bit with a large memory pills
[14:36] {nemo} oh rimm
[14:36] {nemo} mags was perfect, mine had a coupla' chicken feathers
06[14:36] * Threei slaps nemo around a bit with a large texbook on Reading Comprehension 101
[14:36] {nemo} NOW THAT'S THE POT CALLING THE KETTLE "BLACK"
[14:37] {Threei}  true
[14:37] {Threei}  but, comprehend this:
[14:37] {nemo} oh oh
[14:37] {Threei}  US) Fed's Bernanke: Large deficits, although unattractive, are important for supporting economic activity.
[14:37] {nemo} I'm listening right now on StocktwitsTV
[14:38] {Threei}  sheesh... WH on USDA official resignation
[14:38] {Threei}  another beer summit coming?
[14:39] {Threei}  "president was briefed on this yesterday morning"...
[14:39] {Threei}  bunch of amateurs running the country...
[14:39] {dino} no kidding
[14:39] {strider} If you want a professional, go to a brothel.
[14:40] {nemo} Vad only need a coupla' thousand more today
[14:40] {dino} at least you'll understand the screwing
[14:40] {nemo} bohica
[14:40] {strider} something like that.
[14:41] {Threei}  now I know why I come here every day... where else you find better advice n various aspects on life
[14:41] {Threei}  life, universe and everything
[14:41] {nemo} Well...I'm not from this planet
[14:41] {nemo} ask Les
[14:42] {strider} he is from france.
[14:42] {nemo} ?
[14:42] {strider} (coneheads)
[14:42] {nemo} He's an Ozzie living in Switzerland
[14:42] {strider} SNL
[14:42] {strider} wake up, nemo.
[14:43] {nemo} Yeah, I was sitting there in 75 watching the inaugural show
[14:43] {nemo} Remember news for the deaf with Garrett Morris?
[14:43] {strider} no
[14:43] {strider} He was shot on the street.
[14:44] {strider} and killed.
[14:44] {nemo} didn't hear that
[14:44] {strider} I think that's right.
[14:45] {strider} Looks like that's wrong.
[14:45] {strider}   Sorry, Garrett.
[14:45] {strider} But I bet somebody else was shot on the street and killed.
[14:45] {strider} So I get partial credit?
[14:45] {nemo} NO
[14:46] {larisa} lol
[14:46] {strider} Looks like HOG maybe wants to go south.
[14:48] {nemo} Bernanke's dancing
[14:48] {Threei}  - Have not come to a point where it is clear what further stimulus the Fed must conduct if necessary, still evaluating which measures are preferred; have several options
[14:49] {nemo} I'm listening to the ongoing commentary
[14:49] {Threei}  it's amazing that half of the worlkd knows what stimulus must be applied
[14:49] {Threei}  but they who run the shpw don't
[14:50] {Threei}  cut frikin taxes, cancel frikin "feel good" programs and get out of the frikin way
[14:50] {Threei}  let animal spirits fix things up, then in 15-20 years or so you again will have what to mooch off
[14:51] {nemo} I could use a few years of anarchy
[14:51] {Threei}  thanks... had that
[14:51] {dino} john galt, as spoken by 3i
[14:51] {Threei}  don't strive for more
[14:51] {strider} got the SS109 stacked up, nemo?
[14:51] {nemo} my background would be profitable
[14:51] {nemo} funny you should say that strider...yes as a matter of fact
[14:51] {strider} psychic.
[14:52] {nemo} psycho...I'd agree
[14:52] {nemo} you're an academic, you don't believe in that stuff
[14:52] {Threei}  new bout of selling is coming
[14:52] {dino} lod
[14:52] {Threei}  this is not your normal seling with bounce coming any time
[14:53] {nemo} no
[14:53] {Threei}  this is widespread dumping
[14:53] {nemo} women and children first
[14:53] {Threei}  not anywhere on big panic scale yet but has all the markings of possible panic coming
[14:54] {strider} .79 trigger on HOG?
[14:54] {magoo} 1000 point drop???
[14:54] {Threei}  well
[14:54] {Threei}  such events as 1000 point drop are unforeseeable by definition
[14:55] {Threei}  black swan is black swan because no one sees it coming
[14:55] {strider} nemo shot it.
[14:55] {strider} Been meaning to read that book.
[14:56] {strider} serious buyer at .80, hog.
[14:58] {strider} gap down
[15:04] {magoo} any read FAS boss
[15:05] {Threei}  maybe first slight chance to form a bounce, but far from certainty yet
[15:09] {ese} bernakie effect bottoming out maybe
[15:09] {strider} CAT looks good.
[15:10] {strider} well, looks like everthing else. :)
[15:11] {Threei}  well, let's see if we get double bottom
[15:11] {Threei}  LVS pullback under .30 to get me intersted
[15:12] {Threei}  ideally, ac close to .20 as possible in one fast swoop
[15:12] {Threei}  never losing it
[15:15] {Threei}  no chance eh
[15:17] {strider} cmtl
[15:20] {Threei}  here comes sharp selloff LVS
06[15:22] * Threei slaps laserdave around a bit with a large trout
06[15:22] * Threei slaps laserdave around a bit with a large Wild Pacific Salmon
[15:22] {laserdave} thanks
[15:22] {Threei}  always
[15:23] {laserdave} its been awhile and you are still that fast
[15:23] {laserdave} unreal
06[15:23] * Threei slaps laserdave around a bit with a large Beluga whale fresh caught in Arctic waters and flash-frozen
[15:23] {Threei}  inventive, too
[15:24] {laserdave} indeed
[15:24] {laserdave} crazy market
[15:24] {Threei}  who got LVS under .30, start exiting
[15:25] {Threei}  thank big ben... he caused today's selloff singlehandedly
[15:25] {laserdave} nice
[15:34] {i2romantis} big ben?
[15:35] {Threei}  Fed chairman... ben bernanke
[15:36] {dino} big butthead
[15:37] {i2romantis} right, thx
[15:56] {Threei}  market finishes with no movement
[15:56] {Threei}  no further selling, no bounce
[15:56] {nemo} it's your fault
[15:56] {Threei}  glad we didn't bite and stayed inactuive, it would be frustrating experience
[15:56] {Threei}  of course it is
[15:56] {nemo} just ask your wife
[15:56] {Threei}  according to my wife, most of world's problems is
[15:56] {Threei}  lol
[15:57] {nemo} Just think...we'd still be in The Garden of Eden if it weren't....;)
[15:59] {Threei}  okay guys
[15:59] {nemo} and gals
[15:59] {Threei}  thank you all, have a great evening
[16:00] {Threei}  see you tomorrow
[16:00] {larisa} bye!
[16:00] {nemo} have a nice afternoon
[16:00] {lasertrev} have a good night all
[16:00] {i2romantis} cheers all
[16:00] {nemo} whoa...two lasers, not enough room in this room
[16:01] {lasertrev} we might get our swords crossed
[16:02] {lasertrev} lol:)
[16:02] {Threei}  duke it out
[16:02] {Threei}  we will watch
[16:03] {laserdave} :)
[16:03] {Threei}  use the forse lukes
[16:03] {Threei}  force too
[16:04] {lasertrev} :) should have known Vader likes a good fight
[16:05] {Threei}  always keeping my 2x4 handy
[16:07] {Threei}  SOMX Announces Acceptance of Phase 3 Clinical Trial Data for Publication in Sleep and Sleep Medicine (3.44, -0.24, -6.52%)