Nice day overall with 100% winning trades.
Session Time: Fri Jul 23 00:00:00 2010
[09:06] {Threei} F CEO: expects 2011 earnings to be "even better" than 2010 results - conf call comments (12.09, 0.00, 0.00%)
[09:09] {ese} good morning
[09:09] {Threei} ese :)
[09:13] {larisa} gm :)
06[09:13] * Les slaps the room about with a big "Good Afternoon"
[09:13] {Threei} larisa :)
[09:13] {Threei} (EU) Stress test reportedly limited to banks trading book losses
[09:14] {Les} C'mon, that was a friendly slapping
[09:15] {swil} thanks les, I'm awake now. morning one and all
[09:15] {Threei} we don't know how to react on time divide Les... it's morning here
[09:16] {Threei} swil :)
[09:16] {lasertrev} morning
[09:17] {Threei} trev :)
[09:17] {shorty} gm
[09:18] {ese} laris,trev shorty
[09:18] {dino} gm all
[09:18] {strider} morning folken.
[09:18] {Les} whatchya been up to Nemo?
[09:18] {ese} i like that handle "swil"....it implies a certain....hmmmmmm drinking attitude
[09:18] {ese} dino
[09:18] {Les} http://www.telegraph.co.uk/news/newstopics/howaboutthat/7906616/Darth-Raider-NY-police-hunt-armed-robber-dressed-as-Star-Wars-character.html
[09:18] {nemo} no good
[09:19] {Threei} shorty, dino
[09:19] {Threei} strider
[09:19] {Les} is that you?
[09:19] {strider} :)
[09:19] {swil} yes. more my early days, les
[09:20] {Les} no no no swil
[09:20] {swil} lol
[09:20] {Les} nemo is the paranoid schizo gun nut
[09:20] {swil} ah. my type
[09:20] {Les} thought maybe he is building up his account
[09:21] {swil} sounds good
[09:22] {lilyd} good morning guys
[09:22] {Threei} lily :)
[09:22] {Les} thought it might have been vad, but he should have been in front of his screen at 11:30am
[09:22] {ese} don't forget nemo's "on edge pshychotic nomad" part to his character les
[09:23] {Threei} there is also not_vad, Les, don't forget
[09:23] {Les} yeh was wondering who was where at that particular time
[09:23] {Threei} he functions quite well running this room while I am busy robbing banks
[09:23] {jfjf64} mornin
[09:23] {nemo} jeez...the way you guys talk, people are going to get the wrong idea about me
[09:23] {Threei} which satisfies my passion for violence
[09:23] {Threei} jf :)
[09:24] {magoo} morning
[09:24] {Les} you mean there's another side to you Nemo?
[09:24] {magoo} AMZN WOW
[09:24] {Threei} magoo
[09:24] {jfjf64} i got knocked off mibbitt yest anyone else
[09:24] {dino} amzn, sndk, slb, bec
[09:25] {Threei} Euro vs US Dollar Euro at session lows after draft document on stress test; Pair tested 1.2805 before consolidating
[09:25] {Threei} - Dealers pondering if scenario is 'realistic on the percentage of haircuts assumed
[09:25] {dino} i just got a haircut
[09:25] {Threei} well, AMZN seious miss... and mis-guidance
[09:25] {Threei} AMZN Reports Q2 $0.45 v $0.54e, R $6.6B v $6.5Be
[09:25] {Threei} - Guides Q3 Revenues $6.9-7.63B v $7.1Be
[09:26] {Threei} lol dino
[09:27] {ese} not me jf.......i'm on it as well
[09:29] {strider} education upgrades
[09:29] {Threei} Apollo Group Inc Tier 1 firm upgrades to Buy from Neutral
[09:29] {Threei} - Believes stock could perform well on the Department of Educations gainful employment draft proposal released last night.
[09:32] {strider} bp drop
[09:33] {Threei} Long Setup: LVS .70 break
[09:33] {nemo} zu spaet
[09:33] {Threei} stop under .60 for scalpers
[09:34] {Threei} .55 day traders
[09:34] {ese} missed it
[09:34] {Les} half out .80
[09:34] {shorty} sme
[09:34] {shorty} *same
[09:34] {nemo} half out or missed it shorty?
[09:35] {ese} half missed it?
[09:35] {strider} out +.13
[09:35] {Threei} over 1:1 day traders
[09:35] {Threei} 1:2 scalpers
[09:35] {Les} nice. profit target met for day, for frikin once
[09:35] {nemo} scalpers...would they get to 1:2?
[09:35] {Threei} sane ones wouldn't
[09:35] {swil} not to worry nemo.. I shot myself in the foot once when I had to many swils
[09:36] {nemo} ?
[09:36] {nemo} should we call you "stumpy" then?
[09:36] {shorty} missed it nemo
[09:36] {nemo} nflx drop dino
[09:37] {Threei} Long Setup: F .45
[09:38] {Threei} if stays above .40
[09:38] {Les} bad feed there
[09:39] {Les} nice call
[09:39] {magoo} in
[09:39] {Threei} 1:1
[09:39] {dino} itri sm l .15
[09:40] {shorty} out F...ty
[09:40] {Threei} 1:2
[09:41] {Les} lvs closing in on 24
[09:41] {Les} 25
[09:41] {Threei} 1:3, out in full
[09:41] {shorty} nice Threei
[09:41] {jfjf64} go ya monster ty
[09:42] {magoo} out .61 TY
[09:42] {Threei} welcome guys
[09:42] {magoo} nice and easy
[09:42] {Threei} just as we like'em
[09:42] {Threei} LVS 1:2 for day traders
[09:42] {Threei} can I go home?
[09:42] {Les} damn. won't let frozen level 2 stop me next time
[09:42] {Les} no, i want more
[09:43] {Threei} but I aam tired... I am working for 12 min non-stop
[09:43] {Les} rmbs .50 break?
[09:43] {Threei} LVS 1:3... without me
[09:43] {shorty} I know how you feel Threei
06[09:43] * nemo slaps Threei around a bit with a large can of Monster Energy Drink
[09:44] {Threei} RMBS, better get it on pullback if you eant to play it
[09:44] {Les} ok
[09:44] {Threei} this stock will chew you up and spit you out on breakouts
[09:46] {Threei} Short Setup: LVS 25 break
[09:47] {Threei} if stays under .10 of course
[09:47] {swil} .
[09:47] {swil} '
[09:48] {magoo} in
[09:49] {nemo} misse it too tight
[09:50] {Threei} 1:1
[09:50] {shorty} out 1:1...ty
[09:50] {magoo} out .87 TY
[09:50] {strider} out +.11
[09:50] {Threei} 1:2
[09:50] {Les} yeh I gave lvs loose trigger and it took it was all taken
[09:50] {Threei} NOW can I go home?
[09:50] {Les} wow lvs
[09:50] {Les} yes
[09:50] {Les} I am finished
[09:50] {Les} have a nice weekend
06[09:51] * Threei slaps Les around a bit with a large roll of cash
[09:51] {Les} starting to dig myself out of hole
[09:51] {strider} bye, les :)
[09:51] {shorty} Again, I think I might go back to bed.
[09:52] {rdw09} Done for today , thanks Vad, have a nice week end.
[09:52] {nemo} wow
[09:52] {shorty} Good weekend rdw09
[09:52] {Threei} have a good one rdw
[09:52] {jfjf64} monster ty
[09:53] {dino} bec sm l .00
[09:53] {dino} fasty
[09:53] {Threei} who are you calling monster?
[09:53] {dino} cya rd
[09:53] {magoo} sheeesh ...mass exadus
[09:53] {jfjf64} lol
[09:53] {shorty} Threei...EXPE?
[09:53] {magoo} im here till 4 pm vad...get to work lol
[09:53] {jfjf64} good monster
[09:54] {Threei} people hate me mags... they want to get away from me as fast as possible {G}
[09:54] {dino} seems so
[09:54] {lasertrev} oh thats nasty
[09:54] {shorty} No...they use you, there is a difference Threei.
[09:54] {Threei} oh
[09:55] {Threei} that's fine, I am OK with that
[09:55] {shorty} Now...EXPE
[09:55] {Threei} I don't see anything ionteresting there
[09:56] {strider} BP
[09:56] {jfjf64} 3 wins =good monster
[09:56] {shorty} thanks.
[09:57] {jfjf64} 3 losses= bad monster
[09:58] {jfjf64} lol
[09:59] {magoo} F to low vad
[09:59] {Threei} either works... just call me "nice"
[09:59] {Threei} [09:41] {shorty} nice Threei
[09:59] {Threei} not liking it here mags
[10:00] {jfjf64} sounds wimpy
[10:00] {jfjf64} x bounce
[10:00] {jfjf64} off pp
[10:01] {magoo} u see a short in AMZN vad?
[10:02] {jfjf64} in x .62
[10:02] {Threei} overall, yes,
[10:03] {Threei} but the volatility is horrible
[10:04] {jfjf64} half out x
[10:04] {Threei} nice one on X
[10:04] {jfjf64} thanks nice
[10:05] {magoo} euro bank stress test results at noon eastern
[10:05] {jfjf64} breaks .75 we going 4 ride
[10:06] {jfjf64} 1/4 out
[10:06] {jfjf64} stop.80
[10:06] {jfjf64} last 1/4
[10:07] {magoo} nice..cant believe i missed it
[10:07] {jfjf64} dont call me nice 3i new name
[10:07] {shorty} ATHN Threei?
[10:08] {jfjf64} stop .90
[10:08] {shorty} too thin
[10:08] {Threei} ATHN, probably short
[10:09] {jfjf64} break 70
[10:09] {Threei} hate this kind, honestly
[10:09] {Threei} no smooth flow
[10:09] {ese} this is going to be another non trending day me thinks after that amzn announcement
[10:09] {jfjf64} out full
[10:10] {shorty} I understand, more of a dino type of stock
[10:10] {jfjf64} grrr
[10:10] {jfjf64} im a dope
[10:10] {nemo} that frickin' 47 level on bec
[10:11] {nemo} look at the volatility in fcx...oy vay
[10:11] {Threei} short works in ATHN
[10:12] {Threei} but the particular way to play this kind is a challenge
[10:12] {shorty} I never took it, but on paper I did.
[10:12] {ese} dino is that 47.00 your in at
[10:12] {Threei} you may get the feel for it enough for your personal consumption so to speak,
[10:12] {dino} itri to .05
[10:12] {ese} bec
[10:12] {dino} yes
[10:12] {Threei} but it's vcery difficult to call it for the room with any degree of acceptable risk control
[10:13] {shorty} right....
[10:13] {dino} out itri .211, +1.061
[10:14] {ese} nice
[10:14] {ese} well done
[10:15] {strider} you still in BEC dino?
[10:15] {dino} yes
[10:15] {strider} wide stop
[10:15] {dino} yes
[10:16] {nemo} .80 is vwap
[10:17] {dino} wall at .00
[10:17] {nemo} yeah....
[10:20] {dino} stopped bec -.42
[10:28] {dino} amed sm l .01
[10:30] {jfjf64} .05 lvs 3i
[10:31] {ese} L ATHR .29
[10:32] {jfjf64} we flyin
[10:35] {Threei} I am hesitant about committing too much to long side jf... these euro banks test results soon...
[10:35] {Threei} could introduce huge volatility
[10:36] {magoo} but the reaction vad will hit at noon, its
[10:36] {magoo} so rigged
[10:37] {magoo} all programs will come in at noon
[10:37] {dino} athr sm l .30
[10:39] {jfjf64} what up mur
[10:40] {Threei} not sure I understand what is so rigged about it
[10:40] {magoo} sheesh, u on dial-up lol?
[10:40] {Threei} just news being expected... meanwhile all kinds of usual leaks and speculations take place
[10:41] {dino} mur, no plans to close refinery is all i find
[10:42] {ese} up .20 so far dino
[10:43] {nemo} crissakes, bec acting at this level like it di at 47
[10:45] {magoo} vad, any read FAS?
[10:45] {ese} out 1/2 athr .54 +.25
[10:46] {i2romantis} gj ese
[10:46] {gregns} thks ese .33 to .53 athr
[10:46] {i2romantis} jf, still in lvs?
[10:46] {ese} no probs
[10:46] {i2romantis} it was a good call
[10:47] {Threei} FAS, not really
[10:47] {ese} out full .60 +.31 remaining ps 2k
[10:49] {Threei} MNTA FDA approves generic version of Lovenox (12.38, +0.45, 3.77%) (related NVS )
[10:49] {Threei} halted
[10:49] {Threei} SP) El Mundo: 5 Spain cajas will fail the upcoming stress test
[10:49] {Threei} - CajaSur, Caixa Catalunya, and Caja Duero-Espana among those who may have failed
[10:49] {Threei} - Note: Earlier El Pais reported that several Spain banks had failed
[10:52] {dino} out athr .58, +.28
[10:55] {ese} gj
[10:57] {ese} doesn't want to die here dino......athr.....i smell more money
[10:58] {magoo} abc rip
[10:59] {ese} '" ABC....it's easy as 1,2,3.....ABC do re me.....thats hows easy love can Be" Jackson Ficve
[10:59] {ese} Five
[10:59] {nemo} meds ese meds
[11:00] {ese} phewwwwww....ya ya.........
[11:00] {ese} fumble around through cabinet.......a couple of tablets drop on floorr......water leaks out of the side of mouth
[11:01] {ese} pheeeeewwwwwww
[11:01] {Threei} US Pay Czar Feinberg: $1.7B in ill advised payments were made in 2008; are now restricted by law (related XLF )
[11:01] {ese} ahhhhhhh athr, dn you go now......provide buying opportunity
[11:12] {dino} bec hl l .98
[11:18] {dino} stoppeed bec again
[11:25] {strider} short BP .81 stop hod
[11:29] {ese} L athr .28
[11:31] {swil} I'm trying to feel where maximun pain is so I have an idea of least resistance
[11:32] {shorty} Its hard to do when you are drunk swil.
[11:32] {shorty} Sorry, can't help
[11:32] {Threei} not at all
[11:34] {swil} perhaps an individual sence
[11:35] {Threei} after certain amount of hard liquor, max pain is reached in the morning
[11:35] {swil} lol
[11:36] {Threei} but overall, as the #1 in russian stand-up once said: alcohol in small doses is harmless in any amounts
[11:36] {ese} out athr .38 +.10
[11:40] {ese} Gotta go all....have a show tonight and have to setup my drums this morning......have a great weekend
[11:40] {dino} cya es
[11:40] {ese} cya dino
[11:40] {magoo} bye ese
[11:40] {Threei} take care ese
[11:41] {swil} George Carlan . its was discover that swalowing saliva causes canser, but only in small amounts. bye ese
[11:43] {strider} cover BP +.11
[11:43] {Threei} sharp drop FAS
[11:43] {Threei} and SPY
[11:45] {dino} mnta
[11:45] {strider} whoa
[11:45] {Threei} was halted
[11:45] {shorty} Short FAS .20 if holding below .30?
[11:46] {dino} approves drug
[11:46] {nemo} imagine if you were shorting mnta
[11:46] {Threei} 0:49] {Alert} Threei MNTA FDA approves generic version of Lovenox (12.38, +0.45, 3.77%) (related NVS )
[11:46] {Threei} [10:49] {Alert} Threei halted
[11:46] {shorty} wow
[11:46] {Threei} no idea shorty
[11:46] {Threei} this is not usual technical move
[11:47] {dino} none avail
[11:47] {nemo} lfcx .81
[11:47] {nemo} stop .70
[11:47] {strider} laser can short
[11:48] {strider} not that I plan on doing that.
[11:50] {strider} short BP .65 break?
[11:51] {magoo} cant call it out, but i shorted 24.56, covered a buck
[11:52] {shorty} nice one magoo
[11:52] {magoo} lucky
[11:52] {magoo} boredom trade
[11:53] {magoo} dont recommend
[11:53] {shorty} bit of luck and experience though
[11:53] {nemo} I'll bailed on fcx .88 +07
[11:53] {magoo} just figured if loses .50 level should dropi
[11:54] {magoo} stress news soon
[12:00] {Threei} *(EU) CEBS STRESS TEST SUMMARY: HYPO ONLY GERMANY BANK TO FAIL; FRENCH BANKS PASS
[12:00] {Threei} - Committee of European Bank Supervisors (CEBS)
[12:00] {Threei} (EU) ECB's Noyer: Stress test results are in line with former stress tests (related EUR/USD XLF )
[12:01] {nemo} o.k. another work of fiction
[12:02] {nemo} there goes fas
[12:03] {Threei} (S) SPAIN: Diada bank fails stress test
[12:03] {Threei} (IT) Italian banks pass stress tests
[12:03] {Threei} DANSKE.DE Danske Bank passes EU stress tests
[12:03] {Threei} INGA.NV ING Bank passes stress test
[12:07] {Threei} (SP) Spanish banks Diada, Unim and Caja Sur fail EU stress test; all listed banks pass tests
[12:08] {Threei} (GR) National Bank of Greece passes; a large bank has failed (related NBG )
[12:09] {Threei} ummm
[12:09] {Threei} you do know who is on TV, yes?
[12:10] {Threei} feels like we are going to drop from hbere
[12:10] {Threei} no technicals
[12:10] {Threei} pure gut
[12:11] {Threei} several large bank have failed the stress test in Greece - CNBC
[12:11] {swil} at least you've got guts
[12:12] {strider} short CAT +.11 scalp
[12:15] {Threei} yes swil, and after quitting smoking I have more of them
[12:15] {nemo} yeah...but you're strong like bull
[12:15] {dino} whippy
[12:16] {strider} cover AMED short +,06
[12:16] {swil} excellent
[12:17] {strider} DRYS strong today.
[12:18] {swil} I will increase my gut size and awareness. go for it
[12:19] {Threei} volatility is not to my liking but if you want to participate badly
[12:20] {Threei} Long Setup: FAZ .55 brea if holding .50
[12:20] {shorty} in
[12:21] {strider} in .54
[12:21] {nemo} oohh...snuck by me
[12:21] {Threei} aggresive near .50 would have been a total beauty
[12:22] {Threei} hate this jumpiness
[12:22] {shorty} I tried for .54, but got filled at .56
[12:22] {nemo} in .54
[12:23] {Threei} 1:1
[12:23] {strider} out +.06
[12:23] {nemo} ty
[12:24] {strider} muchas vodkas, vad.
[12:24] {Threei} lol
[12:24] {shorty} argh.....filled .59....slow on the trigger with this one
[12:24] {nemo} wtf
[12:24] {Threei} I have a feeling you are hitting them with market orders, shorty
[12:25] {Threei} GE *INCREASES DIVIDEND (15.28, +0.07, 0.46%)
[12:25] {strider} YES!
[12:25] {strider} got a bunch in a swing trade.
[12:26] {Threei} General Electric Co *INCREASES DIVIDEND TO $0.12 FROM $0.10 EXTENDS BUYBACK
[12:26] {Threei} - The Board declared that the dividend is payable October 25, 2010 to shareowners of record at the close of business on September 20, 2010. The ex-dividend date is September 16, 2010.
[12:26] {shorty} Yes Threei.
[12:26] {Threei} asking for troubles...
[12:26] {strider} who is?
[12:26] {Threei} shorty
[12:26] {shorty} Usually I am fast on the trigger.
[12:26] {Threei} doesn't matter
[12:27] {Threei} market order is market order - permission to rob
[12:27] {Threei} and in the market, asking for troubles rarely remains unanswered
[12:27] {Threei} if ever
[12:28] {shorty} Except for today, I usually hit 1:1....ok...will put in limit orders from now on.
[12:28] {Threei} nice reaction GE
[12:28] {Threei} limit with some leeway
[12:28] {Threei} define how far you are willing to chase
[12:28] {Threei} and put that limit
[12:28] {nemo} watch this level mnta
[12:29] {nemo} 20 all day it lifts it goes
[12:29] {shorty} Will do Threei.
[12:43] {strider} AMED at lod
[12:43] {Threei} gut was right
[12:43] {Threei} even GE news had only temporary effect
[12:45] {strider} WFC bounce?
[12:45] {strider} if market.
[12:46] {strider} FCX holds.
[12:47] {Threei} I wouldn't play bounces on finnies now
[12:47] {nemo} rimm
[12:48] {strider} k
[12:56] {strider} GE new high
[12:58] {shorty} FAZ again Threei?
[12:58] {nemo} not yet
[12:58] {nemo} getting a tight range there shorty
[12:59] {shorty} ok
[13:00] {nemo} see
[13:00] {strider} AMZN at high of $10 range.
[13:00] {shorty} :)
[13:00] {magoo} wow AMZN
[13:02] {strider} MNTA CC now
[13:03] {shorty} What is CC?
[13:03] {strider} conference call
[13:03] {shorty} ty
[13:03] {nemo} you mean "Conference Call"?
[13:04] {strider} Yes. Thanks For Correcting Me}
[13:04] {nemo} sorry...bored...don't have Les to pick on
[13:04] {shorty} lol
[13:04] {strider} Tired of your nose?
[13:04] {nemo} he sets himself up so nicely
[13:04] {nemo} no...got the shovel out this morning
[13:05] {shorty} You usually hit them out of the park nemo.
[13:05] {nemo} ty short stuff
[13:06] {shorty} Threei, kinda looks like a c/h MNTA....right?
[13:06] {nemo} mmmhhhh...probably not a technical play after that news
[13:06] {Threei} no kidding
[13:06] {nemo} shorty...STAY AWAY!!!!
[13:07] {strider} Remember, nemo, Lance said to use your inside voice.
[13:07] {shorty} mentally trading it, staying away with real money
[13:07] {nemo} In regards to what, Strider?
[13:08] {strider} you don't watch Tour de France?
[13:08] {nemo} I did back when he was in his run...not now
06[13:08] * strider slaps nemo around a bit with a large bicycle wheel
06[13:09] * nemo slaps strider around a bit with a large Shimano Saint Derailleur
[13:10] {strider} Oh, so you want to play rough, do you?
[13:10] {nemo} always
[13:11] {nemo} watch it, or I'll smack you with a graphite frame
06[13:11] * strider slaps nemo around a bit with a large smelly, locker room towel.
[13:12] {nemo} original
06[13:13] * strider slaps nemo around a bit with a large original smelly locker room towel.
[13:13] {strider} Yeah. Thanks. That's better.
[13:15] {shorty} FAZ?
[13:17] {Threei} what abolut it?
[13:18] {shorty} you meant to type "absolute"
[13:18] {dino} sndk sm l .25
[13:18] {shorty} as in vodka
[13:19] {shorty} it's tanking.....possibly a play or not....not sure just asking.
[13:19] {nemo} was there good news
[13:19] {i2romantis} LVS is moving up
[13:19] {Threei} nope
[13:19] {Threei} MNTA Exec: Too early to provide sales guidance on generic Lovenox, looking for partnerships - conf call
[13:19] {Threei} - Also aiming for approval for generic version of Teva's Copaxone. (20.91, +8.98, 75.27%) (related NVS SNY TEVA )
[13:20] {magoo} GENZ
[13:20] {magoo} GENZ
[13:20] {Threei} halted
[13:20] {Threei} GENZ Halted; Circuit Breaker. Have received indications of interest from possible acquirers, including SNY - WSJ citing sources
[13:22] {strider} in SNDK .29
[13:23] {dino} fast
[13:23] {nemo} watch spy
[13:24] {magoo} GENZ ripping
[13:24] {strider} rock on, sndk
[13:25] {magoo} the'll have to halt it again
[13:25] {magoo} sheesh...halt..rip..halt..rip
[13:25] {strider} out sndk .50
[13:25] {nemo} spy broke resistance
[13:25] {nemo} could be a ride
[13:25] {shorty} nice one strider
[13:26] {magoo} HALT
[13:26] {dino} good thing you got out
[13:26] {dino} gj
[13:26] {strider} sticking to scalps these days...miss a lot of the money.
[13:27] {dino} i'm having rinse problems lately
[13:27] {nemo} hell, lucky it got as far as it id
[13:27] {nemo} did
[13:27] {dino} out sndk .65, +.40
[13:27] {strider} dino, have you tried a fabric softener?
[13:27] {dino} lol
[13:27] {nemo} gag
[13:28] {i2romantis} gj dino
[13:28] {strider} you're not supposed to drink it, nemo!
[13:28] {Threei} these idiots with their halts
[13:28] {dino} thx
[13:28] {Threei} how is it supposed to help anyone?
[13:28] {dino} amatuers running the country
[13:30] {strider} GE going to 16.
[13:31] {i2romantis} GENZ running again
[13:31] {strider} Cripes, GENZ
[13:33] {nemo} genz dropping
[13:35] {Threei} just watch for the third halt
[13:41] {shorty} l FAZ .28
[13:42] {magoo} is there a short in AMZN vad?
[13:43] {Threei} I think so
[13:43] {Threei} looks ripe
[13:44] {Threei} great
[13:44] {Threei} Report: Pakistan Intelligence Helping Taliban
[13:44] {nemo} surprise surprise
[13:49] {nemo} so we gonna get a spy bull flag here?
[13:50] {Threei} (EU) CEBS: consequence for the seven banks that failed is they will have to explain to their regulators how they will shore up their capital - press conference Q&A
[13:50] {Threei} - Asked why 'tier 1' capital was used as a measure rather than 'core tier 1', CEBS says they feared numbers under 'core tier 1' might be misleading because there is no standard across jurisdictions.
[13:51] {Threei} that's actually gunny
[13:51] {Threei} consequence for the banks that failed is they will have to explain
[13:51] {strider} that's hard.
[13:51] {Threei} can you imagine?
[13:52] {Threei} bank's board in panic,
[13:52] {Threei} whaling
[13:52] {strider} wailing
[13:52] {Threei} oh no... we will have to EXPLAIN!!... Oh god, what did we ever do to deserve this??
[13:52] {Threei} screams, tears
[13:53] {Threei} (SP) Spain Fin Min: There is no urgency to raise capital given the results of the European stress tests
[13:53] {Threei} - Note; Spain had 5 failed banks (out of the total 7) in the CEBS's stress tests
[13:53] {strider} gettting their spears ready, so they can try to make a living whaling.
[13:53] {Threei} maybe not... but EXPLAINING!
[13:54] {Threei} 5 out of 7 fail,
[13:54] {Threei} no urgency,
[13:54] {Threei} just explain
[13:54] {Threei} - Says the stress tests were very tough, with "extreme" scenarios that no one expects will actually occur.
[13:54] {Threei} no? you just wait
[13:57] {dino} sounds familiar
[13:57] {nemo} bidu two way
[13:57] {strider} that's why they call it bi-du
[13:58] {nemo} that's a good one
[13:58] {strider} very wide
[14:00] {nemo} short .87
[14:01] {Threei} mags, fess up
[14:01] {nemo} 77 is stop and turn
[14:01] {Threei} have you taken AMZN short?
[14:01] {magoo} no
[14:01] {nemo} bidu
[14:01] {nemo} oh
[14:04] {strider} out 1/2 GE +.12
[14:05] {nemo} stop bidu
[14:12] {magoo} almost feels long vad AMZN
[14:13] {Threei} can do either here, random
[14:16] {dino} athr sm l .10
[14:18] {strider} in .06
[14:18] {strider} stop .97
[14:18] {magoo} u out sndk dino?it went good
[14:22] {nemo} is athr trading?
[14:22] {strider} it is on my computer.
[14:22] {nemo} on .05
[14:22] {nemo} in
[14:23] {nemo} 1/2 out .10
[14:26] {dino} yes, awhile ago
[14:27] {magoo} our internet so slow it takes 8 minutes to get message from office to office
[14:27] {shorty} out FAZ +.1 gave up on it..........maybe too soon
[14:27] {shorty} .11
[14:35] {magoo} i really thought mkt would sell off this afternoon
[14:35] {magoo} very confusing mkt
[14:35] {nemo} it's in bull mode
[14:35] {nemo} corporate reports haven't been bad
[14:35] {Threei} nah, you confuse yourself by engaging in this extremely damaging process
[14:35] {Threei} called thinking
[14:36] {nemo} right drinking
[14:36] {strider} "drinking, not thinking"
[14:36] {Threei} guess how many thoughts went through my mind today
[14:37] {nemo} depends on the subject?
[14:37] {strider} between 0 and 10
[14:37] {nemo} ;)
[14:37] {Threei} well, if food is included, then 1: hickpry or maple smoked bacon
[14:37] {Threei} if trading only, then zero
[14:37] {Threei} and no confusion at all
[14:39] {dino} zzzzzzzzzzzzzzzzzzzzz\
[14:40] {Threei} CEBS Chairman: reiterates stress tests were "very severe," including an assumption of a double dip recession - CNBC interview
[14:40] {nemo} severe would be testing for a depression
[14:41] {strider} amed?
[14:44] {Threei} no fresh news
[14:46] {dino} nothing new
[14:46] {magoo} amzn just wont fall
[14:47] {dino} teva sm l .15
[14:54] {dino} teva stopped -.19
[14:57] {nemo} neithr will bidu probably going to 78.50 pr sp
[14:57] {nemo} or so
[15:04] {Threei} White House Budget: Forecasts 2010 CPI 1.6%; 2011 at 1.3%, 2012 at 1.8%
[15:04] {Threei} - Sees unemployment at 9.7% in 2010, 9% in 2011, 8.1% in 2012
[15:04] {Threei} - Forecasts 2010 budget at -$1.47T v -$1.55T prior forecast; 2011 at -$1.41T; 2012 at -$911B, 2013 $-736B, 2014 -$698B, 2015 at -$762B
[15:13] {shorty} It was a good day trading today, thank you Threei. Have a good weekend all.
[15:13] {Threei} take care shorty, have a good one
[15:14] {shorty} :)
[15:15] {dino} cya shorty
[15:29] {magoo} AMZN ..feel left so SO much $$ on table topday
[15:29] {magoo} the 1 thatr got away
[15:39] {Threei} GS Reportedly has given Financial Crisis Panel (FCIC) a list of counterparties who sold Goldman protection against risk of an AIG collapse (update)
[15:39] {Threei} - Includes BoA, JP Morgan, DB, Credit Suisse, Citigroupand Morgan Stanley
[15:40] {Threei} OK guys, I think we deserved a good weekend
[15:41] {Threei} let's get some rest
[15:41] {magoo} yea..ty boss
[15:41] {Threei} thank you all
[15:41] {magoo} have a drink on me
[15:41] {Threei} have a good relaxing weekend, see you all on Monday
[15:41] {nemo} cya