Friday, August 6, 2010

Aug 06 2010

ATTENTION: All orders submitted between AUG 7 and 15 will be fulfilled on AUG 16. All room trials will be granted starting AUG 16

A very pleasant start to the day with three consecutive trades on BP nailing every turn:

Picture perfect. 

Session Time: Fri Aug 06 00:00:00 2010
[08:21] {Threei}  (US) Preview: July change in Nonfarm payrolls and change in manufacturing payrolls due at 08:30ET (12:30 GMT)
[08:21] {Threei}  US) Preview: July Unemployment Rate data due out at 08:30ET
[08:21] {Threei}  (US) Preview:July Average Hourly Earnings and Average Weekly Hours due at 08:30ET
[08:23] {strider} FCX upgrade
[08:24] {nemo} look at rig strider
[08:25] {strider} y
[08:25] {nemo} real close to major support
[08:25] {hawk} APEI demolished
[08:26] {nemo} nice hyperbole
[08:26] {nemo} dino play all the way
[08:26] {Threei}  American Public Education Inc Reports Q2 $0.37 v $0.33e, R $46.3M v $46Me
[08:26] {Threei}  - Revising guidance for the third quarter of 2010 and is returning to its prior practice of only providing guidance for current periods
[08:26] {Threei}  - Guides FY10 Rev 29-31% (+36-39% on 5/6), net course registrations up 20-22%, net income up 5-10%
[08:26] {strider} where's major support?
[08:27] {nemo} 57 area
[08:27] {nemo} bounced off .05
[08:28] {nemo} that rise off 57 area yesterday was when it ran into the 200 ma on the 1 minute chat
[08:28] {nemo} chart
[08:28] {strider} Oh.   That's just yesterday.   Not what I think of as major support.
[08:28] {nemo} bids .05
[08:29] {strider} : Transocean downgraded to Underweight on liability risk at JP Morgan
[08:30] {nemo} bad report
[08:30] {Threei}  *(US) JULY AVERAGE HOURLY EARNINGS M/M: 0.2% V 0.1%E; AVERAGE WEEKLY HOURS: 34.2 V 34.1E
[08:30] {Threei}  *(US) JULY UNEMPLOYMENT RATE: 9.5% V 9.6%E
[08:30] {Threei}  bad is understatement
[08:35] {strider} short small RIG 57
[08:35] {strider} 57.01
[08:38] {strider} cover .77
[08:38] {strider} big bid below me, but it disappeared
[08:38] {strider} crap.   Wanted to go further.
[08:39] {nemo} actually, informative how well it's holding
[08:40] {strider} I know.
[08:40] {strider} BP also.
[08:40] {strider} It's gonna go, though.
[08:40] {strider} rig
[08:42] {nemo} look at the gap between transactions on tna strider
[08:43] {Threei}  (US) PIMCO's Bill Gross: Yield on the 2-yr shows there is "not much left on the table" (related EUR/USD TLT SHY )
[08:48] {nemo} fake bids at .70 on rig?
[08:48] {strider} gotta run bike to shop.   Back by open, I hope.
[08:48] {strider} were fake higher up.
[08:56] {Threei}  EUR/USD Euro hits fresh 3-month highs above 1.3265
[09:08] {lilyd} good morning!!!
[09:09] {Threei}  lily :)
[09:13] {ese} good morning
[09:14] {Threei}  ese :)
[09:14] {Threei}  AIG Ticks higher following reports of an internal memo stating management is in talks for a "complete" US Govt exit of stake in the company
[09:14] {ese} you outta here next week vad
[09:14] {Threei}  - CEO tells employees that AIG could make "meaningful progress" this year in repaying obligations to the government and taxpayers.
[09:14] {Threei}  - Note: In mid-July reports circulated that AIG was in discussions to sell its stakes in rescue vehicles including Maiden lane, and use such proceeds to pay down debt to the Govt.
[09:14] {Threei}  yes sir
[09:14] {nemo} dude
[09:14] {ese} dude!!!
[09:14] {ese} still 1/2 lot long hun
[09:15] {nemo} funny, bp pops up in the overnight everyday
[09:21] {strider} .
[09:21] {ese} has anyone seen a report anywhere showing how companies are doing this earning Q.....more beating or less beating!
[09:22] {larisa} gm :)
[09:22] {ese} laris
[09:22] {Threei}  larisa :)
[09:22] {larisa} ese, vad :)
[09:22] {nemo} I think generally good ese, but...outlook is important, because beating last quarter, or last year is not difficult considering
[09:24] {ese} agreed....thats the sense i'm getting as well ...seems to be generally better
[09:24] {shorty} gm
[09:25] {Threei}  shorty :)
[09:25] {nemo} anybody wanna' play the 200 ma bounce on bp
[09:25] {nemo} ?
[09:25] {ese} hmmmmmm
[09:27] {nemo} it's sitting right at it now
[09:28] {magoo} morn
[09:28] {magoo} lets make some cake:)
[09:28] {Threei}  mags :)
[09:29] {jfjf64} mornin
[09:29] {Threei}  jf :)
[09:29] {magoo} APEI crushed 13 points
[09:29] {jfjf64} missed  that  c/h  yest   lvs
[09:29] {jfjf64} very nice
[09:30] {nemo} rimm drop
[09:32] {magoo} AIG up earnigs
[09:32] {nemo} said they're ready to ipo and get rid of government ownership
[09:33] {magoo} crox strong ..earnings
[09:35] {Threei} Short Setup: BP  .35 break
[09:35] {Threei}  half out
[09:35] {Threei}  scalpers take profit
[09:36] {Threei}  out in full
[09:36] {shorty} took
[09:36] {Threei}  timing of the century
[09:36] {Threei}  can I go home?
[09:36] {nemo} yeah nice, missed it, but great
[09:36] {shorty} worst for me
[09:36] {gregns} ty, great way to start !
[09:36] {shorty} out .22
[09:36] {Threei}  mama
[09:36] {shorty} but I will take profit
[09:36] {jfjf64} mia
[09:37] {magoo} CROX vad
[09:37] {ese} well done ladies and gentleman
[09:37] {magoo} bounce
[09:37] {jfjf64} guess  need  little  xtra  $   vaca
[09:37] {jfjf64} lol
[09:37] {jfjf64} nice
[09:37] {Threei}  started tyoping "stop above .40" and couldn't even finish, swicthed to profit-takikng line, lol
[09:38] {nemo} yeah it just dropped through the trigger
[09:38] {Threei}  watching CROX, mags
[09:41] {magoo} in .34
[09:41] {Threei}  hmmm
[09:42] {nemo} where's stop mags?
[09:42] {Threei}  not my kind of entry
[09:42] {magoo} .19
[09:42] {Threei}  I'd prefer pullback to about .20 or under
[09:42] {magoo} .34 was selling millions..when it took it i went
[09:42] {Threei}  and recross
[09:42] {Threei}  stop under .10
[09:43] {Threei}  there you go
[09:43] {Threei}  1:1
[09:43] {Threei}  nice, easy, safe
[09:43] {magoo} i doubt anyone took that
[09:44] {magoo} no time
[09:44] {magoo} .34 selling and selling
[09:45] {nemo} spy should test .40 area
[09:45] {magoo} CRAP FCX 3 point
[09:46] {nemo} battle area rimm
[09:46] {gregns} .50 bd RIMM ?
[09:46] {nemo} too low
[09:47] {nemo} .59 huge support
[09:47] {magoo} man only red 30 point dow
[09:47] {nemo} yeah, that report didn't do much
[09:48] {nemo} next test rimm .80 area
[09:48] {strider} rmbs
[09:49] {ese} aye carumba.......wanted to get into nano but the 5pts spread has been prohibitive
[09:49] {Threei}  RMBS Ticking higher on takeover chatter
[09:49] {Threei}  (CA) Preview: Canada July Ivey Purchasing Managers Index due out at 10:00ET
[09:50] {strider} not a lot of ticking.
[09:50] {Threei}  APOL Discloses Senate panel requests information relating to the Committees ongoing hearings relating to for-profit colleges receiving Title IV student financial aid - filing (41.81, -1.02, -2.38%)
[09:51] {nemo} s rimm .65
[09:51] {nemo} stop 75
[09:51] {nemo} stopped
[09:51] {nemo} gonna' be rinsed
[09:52] {Threei} Long Setup:  BP  .90 break
[09:52] {Threei}  stop under .80
[09:53] {nemo} rinsed
[09:57] {Threei}  1:1
[09:57] {magoo} ij bp btw
[09:57] {Threei}  1:2
[09:57] {Threei}  BP is like flute today, both directions
[09:58] {Threei}  perfect short, perfect long
[09:58] {strider} forgot...long sm. RMBS .15
[09:58] {magoo} very nice vad..perfect
[10:05] {magoo} out BP .24 ty vad
[10:05] {magoo} + .i dunno
[10:05] {magoo} .31
[10:06] {Threei}  1:3
[10:06] {Threei}  :)
[10:07] {jfjf64} cat   looks  lk  will  die??
[10:08] {ese} Lpwer .10
[10:08] {Threei}  not sure yet
[10:08] {Threei}  let me watch it a bit more
[10:08] {jfjf64} .55
[10:08] {jfjf64} breaks   that   bam
[10:11] {magoo} AIG pllbk vad
[10:12] {magoo} darn it was .20's
[10:12] {Threei} Short Setup: CAT  .60 break if stays under .70
[10:13] {Threei}  invalidated but can reestablish itself with decent consolidation
[10:13] {jfjf64} bp   d/top
[10:17] {Threei}  (US) White House: Expecting more 'bumps' in employment numbers in the future as the economy recovers
[10:17] {jfjf64} last  push  before  dies
[10:18] {Threei}  - CEA's Romer: Administration not worried about potential for a double dip recession (related DIPX2 )
[10:18] {Threei}  really
[10:18] {Threei}  what, me worry?
[10:19] {jfjf64} bp  3i
[10:19] {Threei}  well
[10:19] {strider} of course not.  They have the printing press.
[10:19] {Threei}  same setup as last time aroundf
[10:19] {Threei}  just no exact trigger yet
[10:19] {jfjf64} i  se
[10:20] {Threei} Short Setup: BP  .40 break
[10:21] {ese} out pwer .16 +.06
[10:22] {nemo} oy 
[10:22] {Threei}  1:1
[10:22] {jfjf64} niceeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
[10:23] {Threei}  flute, I am telling you
[10:23] {Threei}  third play on it in one morning, all entries within 5-10 cents of reversal points
[10:24] {shorty} out 1:2 BP...ty
[10:24] {larisa} and you call yourself trendtrader? :)
[10:24] {Threei}  not on range days
[10:24] {Threei}  I call myself a market follower
[10:25] {larisa} market follower on range days?
[10:25] {larisa} just kidding :)
[10:25] {Threei}  see ay trend in the market today?
[10:25] {larisa} gj
[10:26] {strider} stop RMBS +.03
[10:26] {strider} bad trade
[10:26] {strider} greedy
[10:26] {Threei}  call me a pot, just don't put me in the oven
[10:27] {larisa} deal!
[10:27] {Threei}  ty
[10:27] {Threei}  I knew you'd gave nercy on me
[10:27] {Threei}  have
[10:27] {Threei}  mercy
[10:27] {Threei}  sigh
[10:28] {larisa} marketfollowerwhocannotspell
[10:28] {Threei}  andproudofit
[10:28] {magoo} read AIG vad?
[10:29] {Threei}  not sure
[10:29] {shorty} LVS Threei?
[10:30] {Threei}  hmmm
[10:30] {Threei}  .80 break is standard setup
[10:30] {Threei}  not sure it's a good time to play those
[10:31] {Threei}  dunno
[10:31] {Threei}  I'd saty away for now
[10:31] {shorty} thank you.
[10:38] {jfjf64} lk  cat3i
[10:38] {Threei}  BP 1:2
[10:38] {Threei}  what a darling
[10:39] {Threei}  no firm read on CAT jf
[10:39] {jfjf64} loo k  cat   we  were  lookin  earlier   .70  short
[10:39] {Threei}  LVS was a perfect trap on that break
[10:39] {shorty} I am short .80
[10:39] {jfjf64} went  to  bp
[10:40] {Threei}  that was a good short entry, I thought of that
[10:40] {Threei}  and missed right time to alert
[10:40] {shorty} I try to call it but, I concentrate and forget.
[10:40] {Threei}  (CA) Canada PM Harper: Economy is still fragile; no indication of need for a second stimulus package
[10:40] {Threei}  - Note: Earlier the Fin Min commented that the fiscal stimulus would be removed by March 2011
[10:40] {Threei}  isn'tr it funny
[10:41] {Threei}  US discusses second stimulus, Canada wants to withdraw first
[10:41] {magoo} AIG crushed
[10:41] {magoo} such a pos
[10:41] {shorty} out LVS .68
[10:42] {shorty} I was anted .60
[10:42] {shorty} wanted
[10:43] {magoo} FCX crushed
[10:43] {shorty} Should have went with my original exit.
[10:44] {jfjf64} bp  time  to  get  flute  out  of  bag
[10:44] {magoo} FUTES crushed
[10:45] {nemo} demolished
[10:45] {nemo}  obliterated
[10:45] {jfjf64} 40.80
[10:48] {jfjf64} look  cat
[10:48] {nemo} look everything
[10:48] {jfjf64} i  hv  1   screen
[10:48] {jfjf64} lol
[10:51] {nemo} omg
[10:52] {nemo} it's the apokyclipse
[10:52] {magoo} flash crash 2 "the sequel"
[10:52] {Threei} Long Setup:  CAT  .65
[10:52] {strider} need apokyprotector for that.
[10:52] {Threei}  half lot
[10:52] {Threei}  stop under .50
[10:53] {nemo} I think I'm waiting for the DB after that run
[10:54] {magoo} l aig .99
[10:54] {magoo} in cat w/vad
[10:57] {nemo} first smart move on my part today
[10:58] {Threei}  something tripped market
[10:58] {nemo} dino's not here to pull the plug
[10:58] {Threei}  no go
[10:59] {Threei}  (US) US Fed Chair Bernanke: GSEs can be replaced with other methods that can provide mortgage credit without many of the systemic risks (related FNMA )
[11:05] {nemo} rimm holding pretty well
[11:05] {nemo} wow
[11:06] {strider} It's only a flesh wound
[11:06] {nemo} merely
[11:06] {magoo} ASIG too
[11:06] {jfjf64} bounce  coming
[11:06] {jfjf64} spy
[11:07] {jfjf64} lvs  d/b
[11:08] {ese} mrkts heading dn on non events
[11:08] {magoo} mkts are way overbought here
[11:08] {magoo} profit taking kicking in
[11:09] {ese} hmmmmmm
[11:09] {strider} b flat?
[11:10] {ese} ya
[11:10] {ese} they don't look overbought mags......looks more to me like they've hit resistance
[11:13] {magoo} kinda same thing 
[11:14] {ese} ya ...true
[11:15] {strider} nxpi open
[11:15] {strider} ipo
[11:20] {strider} PATH opening
[11:22] {jfjf64} 3i   enjoy   ya  vacation  WELL  DISERVED   ty
[11:23] {jfjf64} im  outta  here
[11:23] {magoo} have good wk end jf
[11:23] {Threei}  thank you jf, take care
[11:23] {Threei}  see you in a week
[11:23] {strider} see jf
[11:23] {strider} see ya
[11:23] {jfjf64} see all 
[11:24] {jfjf64} i had  great  week  in  august
[11:24] {jfjf64} ty  all
[11:31] {ese} L nano .65
[11:32] {ese} jf....later
[11:36] {nemo} wow did I just get some screwy quotes
[11:41] {Threei}  AIG CEO Benmoche: Confirms that AIG is discussing ways to pay back govt stake "as quickly as possible," notes that he has a good working relationship with AIG board - interview
[11:41] {Threei}  - Conversion of preferred stock to common shares is one option.
[11:41] {Threei}  - Aiming for an "A" debt rating.
[11:41] {Threei}  - ILFC will go to market to raise up to $4B in next several weeks in order to pay down govt stake.
[11:45] {ese} what happened nemo
[11:45] {nemo} whaddya' mean
[11:45] {ese} screwy quotes
[11:46] {nemo} jumped from 41.60's in tna to 42.60's an then back
[11:46] {strider} Big O coming soon.
[11:46] {strider} to your TV screen
[11:47] {strider} suitable for general audiences.
[11:47] {strider} I prefer the Meg Ryan rendition.
[12:00] {Threei}  well
[12:00] {Threei}  guess who is..
[12:01] {strider} Meg Ryan?
[12:01] {magoo} jerry seinfeld?
[12:10] {nemo} happened again...bids/offers in the 80's and T&S in the low 70's on tna
[12:16] {strider} My 'executing mode' button on Laser is no  longer allowing me to de-activate it.  Is anyone else's working?
[12:17] {nemo} are you using the separate windows or the desktop?
[12:17] {magoo} im ok
[12:17] {strider} do what?
[12:18] {nemo} There is a desktop that basically holds all the application windows
[12:18] {strider} right
[12:18] {nemo} are you using that or the floating view interface?
[12:19] {strider} didn't know there was a floating option.
[12:19] {larisa} I am deskto and checking unchecking it works
[12:19] {nemo} Oh, because it doesn't function in that mode
[12:19] {strider} well mine doesn't function in desktop mode.   Hasn't for awhile.
[12:19] {nemo} mmmhhhh
[12:20] {nemo} well, keep the cat away
[12:20] {strider} realy
[12:20] {strider} really
[12:20] {larisa} level2 execution mode in trade menu?
[12:20] {strider} It's greyed out, larisa.
[12:21] {nemo} guys rig offers .70
[12:22] {nemo} missed
[12:24] {larisa} hey strider i clicked "!" and now  exec mode is greyed out in trade menu and I can not do anything. 
[12:24] {ese} out nano.95 +.30 on 4k of the little blighters
[12:24] {shorty}  wow...nice one ese
[12:25] {ese} tks
[12:29] {larisa} reloaded laser, check/uncheck execution mode  works again. Do not use "!" strider.
[12:30] {ese} I get the feeling that it's gonna break above 12 before this day is out  nano
[12:30] {strider} What else is there to use besides the "!"?
[12:31] {larisa} "trade" menu and check uncheck manually
[12:31] {strider} rebooted, and still greyed out in trade menu.
[12:32] {larisa} mine came back :(
[12:32] {strider} I've been sold a defective product.........
[12:32] {larisa} lol
[12:32] {strider} wait, it's free.
[12:32] {Threei}  strider, make sure your level 2 window is active one
[12:33] {shorty} I would like to try out laser.
[12:33] {Threei}  that ! will be greyed out if chart or T&S or else is
[12:33] {strider} Gosh, vad.   You're a genius.
[12:33] {strider} that works.
[12:33] {Threei}  lol
[12:33] {larisa} lol
[12:33] {strider} She-sammm!
[12:33] {strider} zammm
[12:34] {Threei}  shorty, contact trevor next week
[12:34] {i2r} genius = years of experience and common sense, or does it equal something else?
[12:34] {i2r} I thought dave was back this week
[12:34] {Threei}  one more secret ingredianet, i2r...
[12:34] {i2r} listening...
[12:34] {Threei}  vodka
[12:34] {i2r} lol
[12:34] {Threei}  a lot of it
[12:35] {strider} Oh..learned something else.    You have to lock each Level 2 separately.
[12:35] {strider} I thought it did them all.
[12:37] {larisa} may be your kitty is a genius trader, give him/het a chance
[12:37] {larisa} her
[12:38] {strider} Actually no.  she cost me a dollar + commish last week.
[12:38] {strider} juvenile delinquent.
[12:38] {shorty} will do Threei...
[12:46] {Threei}  so TV says women find men wearing red attractive
[12:46] {Threei}  I have zero chance in this world...
[12:47] {Threei}  {--- going to extinct quietly
[12:47] {nemo} go for the blind ones
[12:47] {hawk} {= quits the health club, grabs a cheeseburger and buys red clothes
[12:47] {nemo} don't forget the paper bag
[12:48] {Threei}  if I need to find ones with no sense for each of my flaws... she will be blind, deaf, etc
[12:50] {shorty} Helen Keller would have been perfect for you Threei.
[12:50] {nemo} nah...lizzie borden
[12:51] {shorty} Nemo...they would have made a killer team them two.
[12:51] {nemo} rim shot ese
[12:52] {shorty} lol
[12:56] {Threei}  lol
[12:56] {Threei}  "All I ask is a chance to prove that money can't make me happy."
[12:56] {nemo} neat
[12:57] {shorty} I doubt that
[12:57] {nemo} spy drop lvs not
[12:57] {nemo} rimm at interesting resistance
[13:12] {ese} opps...missed the rim shot
[13:17] {Threei} Short Setup: LVS  .30 break
[13:17] {nemo} great, I'm in it long
[13:18] {magoo} where?
[13:18] {nemo} .34
[13:18] {shorty} lol
[13:18] {Threei}  but your stop is under .30?
[13:18] {nemo} .28
[13:19] {Threei}  so what's the problem
[13:19] {nemo} you're calling a short, I'm grabbing the vaseline
[13:19] {Threei}  if it never loses .30, your call is right an d mine is never triggered
[13:19] {Threei}  it's not like I am calling unconditional short, right?
[13:19] {shorty} stop of .35 Threei?
[13:20] {Threei}  my condition for it is exactly what invalidates your long
[13:20] {Threei}  yes
[13:20] {Threei}  for scalpers
[13:20] {Threei}  .40 for day traders
[13:21] {nemo} this trade is like flossing with barbed wire
[13:22] {Threei}  funny... Canadian health care system was cited so many times during the debate in US as a proof that it works
[13:22] {Threei}  well, premiers forum this week confirmed, health care costys are unsustainable
[13:23] {magoo} do most canadians like it?
[13:23] {Threei}  most provinces pay more that 40% of their budget to keep it going
[13:23] {Threei}  most canadians never troed anything else
[13:23] {Threei}  how do they know?
[13:23] {Threei}  they hate months or years long waiting lines
[13:23] {Threei}  for surgeries etc
[13:24] {shorty} Alberta is trying for a two tier system
[13:24] {nemo} .35 proving difficult
[13:25] {nemo} somebody wants to keep this under .35
[13:25] {nemo} watch the sell orders come in
[13:26] {shorty} I was thinking aggresie entry, but looking at this right now, not so sure.
[13:27] {shorty} Good job nemo
[13:27] {nemo} thank go my hair is already gray, 1:1
[13:28] {shorty} Good think I listened to Threei this time.
[13:28] {shorty} thing
[13:30] {nemo} rig here vad?
[13:30] {nemo} stop to .40 lvs
[13:31] {Threei}  TIG 50/50
[13:31] {Threei}  RIG
[13:32] {magoo} i like TIG short
[13:32] {magoo} RIG
[13:35] {nemo} Tig mig rig jig pig 
[13:35] {larisa} fig
[13:35] {nemo} nice larisa
[13:36] {nemo} nice mags
[13:36] {nemo} if not here bounce around .68
[13:39] {nemo} rimm looking short vad?
[13:41] {Threei}  no, why
[13:41] {nemo} I thought it might
[13:42] {nemo} definitely not though
[13:44] {nemo} rig riding the 200 on 5 minute
[13:47] {magoo} could should tank..but difficult trader
[13:47] {nemo} somebody smack me...I was looking at tna at .40
[13:47] {nemo} use a 2X4 with nails soaked in vinegar
[13:48] {Threei}  vinegar?
[13:48] {Threei}  i prefer curare
[13:48] {nemo} dude, you don't want to kill, you want suffering
[13:49] {shorty} I prefer shotgun with nails and rock salt
[13:49] {nemo} no up close and personal for you, huh?
[13:51] {Threei}  I am merciful
[13:51] {Threei}  larisa taught me to be
[13:51] {nemo} brownnoser
[13:52] {magoo} look GS
[13:52] {Threei}  GS Ticks higher following Fox's Gasparino, claiming Goldman has discussed possibility of taking company private
[13:52] {Threei}  - Gasparino notes it would be difficult to accomplish but that the idea had been discussed (155.57, -0.35, -0.22%) (related MS XLF )
[13:53] {nemo} yeah, that's old news, they could get out of the spotlight
[14:00] {magoo} CMS
[14:00] {Threei}  cr*p
[14:01] {Threei}  I just got e-mail with very discouraging promise
[14:01] {Threei}  it's written right in it, as a firtm promise:
[14:01] {Threei}  Women WILLl be dissatisfied with your performance
[14:02] {nemo} should be used to that though
06[14:02] * Threei slaps nemo around a bit with a large trout, fins are generously covered with curare
[14:05] {shorty} I got this email Threei: "I am Dr. Cynthia Mershark, a US citizen, 48 years Old.  I took part in the Compensation in Nigeria some years ago and they refused to pay me"
[14:05] {strider} Not a mer-maid but a mer-shark
[14:06] {Threei}  lol
[14:07] {shorty} lol strider..............If I contact her lawyer, he can get me 1.5 million.  But I need to pay $1500 first.
[14:07] {nemo} tell him you deliver it in cash as he transfers it to your bank account, bring a baseball bat
[14:09] {nemo} vwap on rig is around 56.52 so if this isn't the bounce, that may well be
[14:09] {ese} frustrating......blasted phone is ringing off the hook
[14:09] {nemo} ese, easy solution...UNPLUG IT!
[14:10] {ese} wish i could.....people callin from all over the planet wanting my high school band to play
[14:11] {Threei}  that newspaper article worked as advertisment I guess
[14:17] {magoo} LVDS short valid agauin vad?
[14:17] {magoo} lvs
[14:19] {strider} bathroom walls can be good advertisement, too.  "for a good 4-4 time, call xxx-xxxx"
[14:19] {Threei}  nah
[14:26] {Threei}  ok... second time today: guess who is on TV
[14:27] {strider} Rodion Romanovich Raskolnikov
[14:28] {strider} with hatchet
[14:28] {magoo} mickey rourke?
[14:28] {Threei}  that's inventive
[14:29] {strider} good news:  Vodka production should not be affected by fires.
[14:33] {strider} RIMM  Research in Motion, Saudi carriers in talks to avoid ban, Bloomberg says :thef
[14:33] {strider} rimm spike
[14:45] {Threei}  (US) Preview: June Consumer Credit due out at 15:00ET
[14:46] {strider} "GM preps for IPO."   What if they gave a party and nobody came.?
[14:47] {ese} vad dcc
[14:48] {shorty} Threei LVS?
[14:48] {Threei}  kind of moved already...
[14:48] {shorty} Thinking the other way
[14:56] {strider} what's with the market?
[14:57] {Threei}  numbers in 4 min
[14:57] {Threei}  3
[14:57] {strider} ah
[15:00] {Threei}  *(US) JUNE CONSUMER CREDIT: -$1.3B V -$5.3BE
[15:00] {Threei}  - Prior revised from -$9.1B to -$5.3B
[15:01] {strider} what does that mean?
[15:01] {shorty} go short?
[15:01] {nemo} amount of credit outstanding, market isn't really moving short might be a good idea
[15:01] {ese} have a great weekend all......have to setup for a show....Vad have an awesome trip
[15:02] {Threei}  take care ese, thank you
[15:02] {shorty} good luck ese....have a good weekend
[15:02] {ese} tks shorty
[15:02] {Threei}  Total consumer credit annual rate -0.7%
[15:02] {Threei}  - Revolving credit -$4.5B (21th straight decline; longest decline on record); -6.5% annual rate
[15:02] {Threei}  - Non Revolving credit +3.2B; +2.4% annual rate
[15:02] {Threei}  ***Insight: Consumer Credit has declined for 19 of the last 21 months since the beginning of the credit crisis. During this period, monthly credit has only risen in the months of Jan 2010 and Jan 2009.
[15:06] {nemo} rig 5700 offers
[15:06] {nemo} 57.00
[15:07] {strider} RIMM rollover?
[15:10] {strider} or not.
[15:11] {nemo} friday afternoon.  remember, last hour yesterday was whipsaw time
[15:13] {strider} yeah.   I'm done for the day.  Except I have a FAZ swing trade at 13.32.  Should have taken partial this morning, but forgot about it.
[15:13] {nemo} I wouldn't stay in it
[15:20] {nemo} this is turing into a shakeout day for swing traders
[15:21] {shorty} have a great weekend all....cya Monday
[15:21] {Threei}  take cre shorty
[15:22] {strider} see ya, shorty
[15:22] {magoo} u 2 shorty
[15:22] {strider} but just barely.
[15:22] {shorty} You are on vacation Threei?
[15:22] {Threei}  I so am
[15:22] {shorty} Have a safe one, we need you here.
[15:22] {Threei}  thank you, I'll try
[15:27] {nemo} I think this market goes up next week
[15:37] {nemo} jeez we might end up flat at this rate
[15:38] {Threei}  lol
[15:40] {Threei}  DNDN Reportedly FDA discloses letter to DNDN that states marketing materials for Provenge make some overstated claims on efficacy and lack some risk informantion
[15:45] {magoo} fresh?
[15:45] {Threei}  yes
[15:46] {Threei}  well
[15:46] {Threei}  was
[15:46] {Threei}  market obviously doesn't give a sneeze
[15:52] {patience} have fun Vad
[15:53] {Threei}  thank you, I sure will
[15:53] {Threei}  ok guys
[15:53] {Threei}  thank you all
[15:53] {magoo} take care vad
[15:53] {Threei}  don't misbehave
[15:53] {strider} yep.  have a good time.   see ya in a week or so.
[15:53] {Threei}  be careful with this low volume creep up
[15:53] {Threei}  see you all in a week
[15:54] {strider} :)]
[15:55] {larisa} bye :)