Wednesday, September 15, 2010

Sep 15 2010

Nice strong day as we identified early the main theme: gap down luring the bears, then creep-up slowly killing them. Today's chart of the day is again on bottom fishing theme. We shorted LVS first for a scalp, covering into this long red bar, then went long as setup formed itself. Click for the larger view and peruse the log for details of the call.






Session Time: Wed Sep 15 00:00:00 2010
[08:26] {Threei}  *(US) SEPT EMPIRE MANUFACTURING: 4.1 V 8.0E
[08:29] {nemo} mmhhhhhh...din't drop the spy
[08:38] {Threei}  (US) Investor George Soros: Sees economic slowdown in the US, not a double dip recession (related TLT SHY EUR/USD )
[08:51] {dino} gm all
[08:51] {Threei}  dino :)
[08:52] {dino} clf going for that 61.30 area gap
[08:55] {Threei}  NBIX, weird
[08:55] {Threei}  I'd expect it to trade much lower with failed study results
[08:55] {Threei}  normally these small bios get cut in half or more on this
[08:58] {ese} morning
[08:58] {Threei}  ese :)
[09:00] {dino} magoo, check your email
[09:12] {Threei}  futures steady climb for the last 30 min
[09:13] {nemo} yeah, that mfg. report momentary blip so far
[09:13] {Threei}  if nothing drastic happens, we may get this slow recovery day, when gap down lures bears in, then slow creep up kills them
[09:14] {Threei}  (EU) ECB's Bini-Smaghi: Mistake to think recent Euro region debt crisis will not reoccur (related EUR/USD EUR/GBP EUR/JPY BUNDS )
[09:15] {Threei}  *(US) AUG INDUSTRIAL PRODUCTION: 0.2% V 0.2%E; CAPACITY UTILIZATION: % V 75.0%E
[09:15] {Threei}  REoccur?
[09:15] {Threei}  as if it was over
[09:16] {ese} no kidding.....what a......how shall we say ...stupid statement
[09:17] {dino} ndx 1892, s/p 1109 gaps; then 1856, 1091
[09:19] {Threei}  MSFT Facebook and Microsoft are discussing an expansion of search deal - WSJ (25.03, 0.00, 0.00%) (related GOOG YHOO )
[09:21] {Threei}  EUR/USD Hearing supranational bank capping pair at 1.299 level
[09:23] {jfjf64} mornin all
[09:23] {ese} jf
[09:23] {jfjf64} ese
[09:23] {Threei}  jf :)
[09:28] {RonS} gm all
[09:29] {ese} ron
[09:30] {Threei}  Ron :)
[09:31] {Threei} Short Setup: LVS  .50 break
[09:31] {Threei}  1:1
[09:33] {ese} thought those manufacturing #'s were suppose to be out a
[09:34] {Threei}  already out
[09:34] {ese} did i miss them?
[09:34] {Threei}  yes, I posted
[09:35] {ese} can't find them...would mind reposting vad
[09:35] {Threei}  [09:15] {Alert} Threei *(US) AUG INDUSTRIAL PRODUCTION: 0.2% V 0.2%E; CAPACITY UTILIZATION: % V 75.0%E
[09:35] {Threei}  08:26] {Alert} Threei *(US) SEPT EMPIRE MANUFACTURING: 4.1 V 8.0E
[09:35] {Threei} Long Setup:  LVS  .40 break
[09:36] {ese} tks
[09:36] {Threei}  stop for scalpers under .35, day traders .30
[09:37] {Threei}  not a scalp if works
[09:39] {dino} vxx l .77
[09:40] {Threei}  (EU) EU's Rehn: European economic recovery has gained momentum (related EUR/USD EUR/GBP EUR/JPY BUNDS )
[09:40] {Threei}  which way though?
[09:41] {Threei}  LVS holding like champ
[09:41] {Threei}  liyyle help by market, and should be working
[09:41] {Threei}  little too
[09:42] {Threei}  1:1 scalpers
[09:43] {Threei}  1:1 day traders, half out
[09:43] {Threei}  stop to under .40 for the balance
[09:47] {jfjf64} ty  lvs
[09:48] {Threei}  cklose enough to 1:2, 1/4 more out
[09:48] {Threei}  stop to under .45
[09:51] {jfjf64} rig
[09:51] {jfjf64} wow
[09:51] {nemo} clf 63 level
[09:52] {jfjf64} x   dieing
[09:53] {jfjf64} look  all shares  46.00
[09:53] {Threei} Long Setup:  FCX  .60 reak half lot
[09:53] {Threei}  stop under .50
[09:54] {Threei}  getting my creep up, aka bear suffocator
[09:54] {dino} chsi sm l .00
[09:54] {Threei}  LVS 1:3, over and out
[09:55] {dino} stop is .73
[09:56] {Threei}  no go FCX
[09:57] {Threei}  missd exit at 1:1
[09:58] {dino} cree
[10:01] {ese} dgit dino
[10:03] {Threei}  watching LVS for round 3
[10:04] {dino} see it
[10:04] {jfjf64} ??
[10:05] {Threei}  ?
[10:06] {Threei}  breathe, jf...
[10:06] {jfjf64} ahhhhhhhhhh
[10:06] {jfjf64} ty
[10:06] {Threei}  breathe breathe
[10:06] {nemo} spy doing the slow climb
[10:07] {dino} logm
[10:09] {Threei} Long Setup:  SLW  .80 break
[10:09] {dino} vxx stopped -.13
[10:09] {Threei}  stop under .75
[10:11] {Threei}  Preview: DOE (EIA) Petroleum Inventories due at 10:30ET
[10:11] {Threei}  **Consensus expectations:
[10:11] {Threei}  Crude: -2.5Me
[10:11] {Threei}  Gasoline: -1Me
[10:11] {Threei}  Distillate: +250Ke
[10:11] {dino} 'crox l .99, stop lod
[10:11] {Threei}  1:1
[10:12] {Threei}  1:2
[10:12] {jfjf64} yessssssssssssssssss
[10:12] {jfjf64} no time to breath
[10:12] {strider} that's 4 for 4, vad.  can you go home now?
[10:12] {Threei}  sorry
[10:12] {dino} gj
[10:12] {nemo} 3 for 4
[10:13] {Threei}  missed exit on one of them strider
[10:13] {strider} I scalped the loser and did OK on it.
[10:13] {Threei}  kind of: formally 4 for 4, in practice 3 for 4
[10:13] {strider} but then missed the first one, so I'm 3 for 3
[10:15] {Threei}  1:3, over and out
[10:15] {Threei}  RMBS Hearing renewed takeover chatter circulating (19.77, +0.44, 2.28%)
[10:15] {dino} every week
[10:15] {Threei}  hehe
[10:16] {Threei}  they must have "renewed takeover chatter" department
[10:16] {RonS} u would think it was O talkin it
[10:16] {Threei}  nah, then it would be once a day
[10:17] {Threei}  ugh, didn't spot the LVS setup
[10:17] {Threei}  .60 break was it
[10:17] {nemo} yeah, saw it as it broke
[10:18] {jfjf64} double  bottom
[10:18] {jfjf64} ??
[10:18] {nemo} vg jf
[10:18] {jfjf64} ty
[10:18] {jfjf64} nemo
[10:18] {Threei}  huh?
[10:18] {Threei}  Barack Obama to Publish Children's Book
[10:18] {jfjf64} bobo goes to pre school??
[10:18] {RonS} $1.6 mil guarantee
[10:19] {strider} I guess he wrote it in his spare time.
[10:19] {Threei}  am I halucinating?
[10:19] {RonS} see, no econ problem...
[10:19] {nemo} flashbacks ron
[10:20] {jfjf64} bounce  time  tza
[10:20] {Threei}  dunno jf...
[10:20] {dino} chsi to .30
[10:20] {nemo} not smart to fight the trend
[10:20] {Threei}  can be another bear trap
[10:20] {RonS} he wrote in the golf course...between holes
[10:20] {jfjf64} .85 support  yest
[10:20] {Threei}  oh, OK then... I was afraid it was during woring hours
[10:21] {jfjf64} .80
[10:22] {dino} well, he can't write an economics book, so...
[10:22] {nemo} nice
[10:22] {dino} out chsi +.30
[10:22] {RonS} gj dino
[10:22] {dino} ty
[10:22] {nemo} clf short .69?
[10:22] {nemo} nevermind
[10:23] {jfjf64} c/h  lvs
[10:23] {jfjf64} .80
[10:24] {jfjf64} trap
[10:24] {jfjf64} ??
[10:24] {jfjf64} spy.80  break
[10:25] {jfjf64} lvs.80 break
[10:25] {jfjf64} ahhh
[10:25] {Threei}  not clear jf
[10:25] {Threei}  don't push
[10:25] {Threei}  and breathe
[10:25] {jfjf64} imm  goona  breat then
[10:26] {jfjf64} breath
[10:26] {Threei}  yeah, this unhealthy blue color is scary
[10:27] {nemo} spy broke trend but is sitting on close an pivot
[10:28] {jfjf64} gs  look  of  lower
[10:28] {ese} good prediction about the day vad.....now positive
[10:28] {ese} slow climb in indexes
[10:29] {jfjf64} guess we will keep  him  around  ese
[10:30] {Threei}  ty
[10:30] {jfjf64} nemo  another  story
[10:30] {Threei}  lol
[10:30] {Threei}  DOE CRUDE: -2.5M V -2.5ME; GASOLINE: -690K V -1ME; DISTILLATE: -340K V +250KE; UTILIZATION: 87.6% V 86.7%E
06[10:30] * nemo {---not laughing
[10:31] {Threei}  sorry
[10:31] {jfjf64} lol
[10:31] {Threei}  I was just happy my job is safe
[10:31] {jfjf64} job
[10:31] {nemo} yeah, but after agreeing with jf, you have other things to worry about
[10:32] {jfjf64} les
[10:32] {jfjf64} ???
[10:33] {dino} volc sm l .55 stop .24
[10:41] {dino} crox stopped -.14
[10:43] {Threei} Short Setup: LVS  .53
[10:44] {Threei}  stop above .60
[10:48] {jfjf64} die
[10:51] {jfjf64} spill the wine
[10:51] {jfjf64}   war
[10:52] {jfjf64} great   tune
[10:54] {dino} logm sm l .70
[10:54] {dino} stop .39
[10:55] {i2r} how sm is sm dino? that's  a pretty wide stop
[10:56] {Threei}  LVS no go
[10:56] {Threei}  first stop
[10:56] {Les} hehe Nemo getting as good as he gives I see
[10:56] {i2r} stopped LVS
[10:57] {nemo} I'm long .59
[10:58] {jfjf64} fading da  move??
[10:58] {nemo} you see that resistance at .58
[10:58] {jfjf64} penelty flag
[10:58] {dino} 300
[10:58] {jfjf64} 20 yards
[10:59] {nemo} I'll take the money, thanks
[11:04] {Les} LVS ain't following the indexes interesting.
[11:05] {nemo} well, out flat
[11:05] {nemo} bummer
[11:06] {jfjf64} cree
[11:10] {Les} iwm
[11:10] {Les} sorry
[11:11] {Les} what's the score vad for the morning?
[11:11] {Threei}  4:5
[11:14] {nemo} fcx interesting
[11:14] {Les} nice
[11:15] {Threei}  ufgh
[11:15] {Threei}  just thought of TZA as a next trade candidate, and it jumped
[11:16] {jfjf64} oh  boy
[11:18] {nemo} mos
[11:19] {Threei}  Fannie Mae (US) Rep Barney Frank: hope Congress will extend temporary increase in Fannie and Freddit conforming loan limits beyond their scheduled expiration in December
[11:20] {dino} vxx l .60 trig
[11:20] {Les} Frank has scheduled expiration coming up before then I hope
[11:22] {Les} tlt rolling over
[11:26] {Threei}  OSIS Moving higher on Govt disclosure of contract from TSA (1.74, 0.00, 0.00%)
[11:27] {Threei}  MOS... bottom must be close
[11:30] {dino} open
[11:30] {dino} mcp
[11:31] {nemo} that's it probably.  S3 pivot support was .85 and I had a support line drawn in at .60 where it bounced
[11:33] {Les} you're a better TA chartist than me Nemo. I had support line at .50
[11:33] {nemo} not saying much les
[11:33] {Les} which wasn't visible in 1 min time frame
[11:33] {Les} you know my response nemo
[11:33] {nemo} piss off
[11:33] {nemo} end quote
[11:34] {nemo} look at the db on the 7th of september
[11:34] {Les} still, having the trend line visible in 1 min. would have been very handy. had to go hourly before could see it
[11:34] {nemo} visible in 15 minute time frame
[11:35] {nemo} 10 minute also
[11:35] {nemo} I usually go in and draw support and resistance on a nightly basis
[11:35] {Les} on a list of usual suspects, or anything that takes your fancy?
[11:36] {nemo} I have a rotating basket on which I keep an eye
[11:36] {strider} a handbasket?
[11:36] {dino} lol
[11:36] {Les} hehehe
06[11:37] * nemo {---not happy
[11:37] {strider} pobricito
[11:37] {Les} rotating... on what basis do you rotate the observation?
[11:38] {strider} planetary alignment principles, I think Les.
[11:38] {strider} I think, Les.
[11:38] {nemo} I try to keep it under 15, there are Vad's "usual suspects"  my "usual suspects"  and big movers Dino brings up or ones I see
[11:38] {nemo} It seems some are good traders on a regular basis
[11:38] {nemo} Then you get ones, like CHSI that are fun for 1-3 days
[11:39] {strider} MOS basing a bit
[11:40] {nemo} maybe not
[11:40] {nemo} .85 pivot support
[11:50] {nemo} fcx broke trend
[11:50] {nemo} needs to consoldate above .25 imo
[11:53] {gregns} c & h on LVS ?
[11:54] {nemo} yep
[11:54] {nemo} quite the upward wedge on spy here
[11:56] {Threei}  good spot
[11:56] {nemo} ruff ruff
[11:56] {Les} hehehe
[11:56] {nemo} like that huh Les
[11:56] {Les} sometimes you're actually funny
[11:57] {nemo} Especially when it's at our expense
[11:57] {Threei}  I actually refered to LVS :)
[11:57] {gregns} ty
[11:58] {jfjf64} nice  greg
[11:58] {jfjf64} .65  break
[11:59] {Threei}  I feel orphaned today... no Prez on air till 4:30
[12:00] {RonS} lol
[12:00] {strider} he's still your daddy
[12:01] {strider} lunchtime rally?
[12:01] {ese} L solr .58
[12:03] {ese} am counting on vads slow climb theory to take care of this
[12:03] {nemo} should test yesterday's highs when the buy programs kick in after lunch
[12:03] {ese} yup
[12:08] {nemo} wpw ;vs
[12:08] {nemo} wow lvs
[12:10] {nemo} c&H on BBY?
[12:11] {Threei}  yers but a bit narrow
[12:12] {nemo} could call it a consolidation also
[12:12] {dino} call it what you want
[12:12] {nemo} I'll call it a "Les"
[12:13] {dino} lol
[12:14] {Threei}  SIRI CEO: want to re-up contract with Howard Stern, current contract ends in December - BoA conf comments (1.09, +0.04, 3.33%)
[12:16] {Les} I'm sonsolidatable
[12:17] {Les} consolidatable
[12:17] {Threei}  (US) US President Obama to make statements on economy at 16:30ET; involving small business tax cut proposal (related TLT SHY IEF )
[12:17] {dino} tv loop for this guy
[12:18] {Threei}  Les... let's try and double the benefit: consolable and datable?
[12:19] {Les} dunno about datable. 10 years marriage sorta killed that aspect of my character
[12:19] {nemo} I think it killed it before
[12:20] {Threei}  who cares, I am just giving you a line, you sell it
[12:21] {Threei}  tell you what... I will test it in LV next week, will report whether it works
[12:22] {dino} vxx l .50
[12:22] {Les} the consolidation, consolability or datability?
[12:22] {Threei}  just the line
[12:23] {Threei}  AAPL AirPrint Wireless Printing for iPad, iPhone & iPod touch Coming to Users in November (11.80, +0.05, 0.43%)
[12:27] {Les} vad what was you working thesis for market today? melt up until a particular point?
[12:28] {Les} testing 113 again?
[12:29] {Threei}  no number,
[12:29] {Les} just melt up. ok
[12:29] {Threei}  just a general idea of gap down to lure bears in followed by creepu-up and slow suffocation of aforementioned bears
[12:30] {kowboy} svnt
[12:30] {Threei}  I should have said, aforementioned Ursus arctos
[12:33] {Threei}  AIG Reportedly considering a warrant for common shareholders; reviewing advisers plan for restructuring (47.32, -0.01, -0.02%)
[12:34] {dino} spn
[12:38] {dino} out volc .75, +.20
[12:40] {nemo} slb break of .75?
[12:42] {Threei}  I like it
[12:42] {dino} sm s spn .35
[12:42] {nemo} gotta' hold here though
[12:43] {Threei}  sure
[12:43] {Threei}  liking it is conditional
[12:43] {Threei}  what isn't though...
[12:43] {dino} bstop is .51 spn
[12:45] {dino} stopped
[12:46] {kowboy} pwer
[12:46] {Les} hmm dt svnt?
[12:47] {Threei}  not without confirmation, IMO
[12:49] {Threei}  PWER Hearing weakness being attributed to cautious comments from analyst at street.com (timing uncertain) (9.91, -1.25, -11.20%)
[12:50] {Threei} Short Setup: SVNT  19 break, half lot, if stays under .15
[12:50] {dino} 11:35 am
[12:50] {Threei}  12:50 here, dino...
[12:51] {dino} hmmm'
[12:51] {ese} tonto havum stop loosing in for "great sun god stock" solr....me havum to go to vads neck of wood...to audition students with big voice at claremont wigwam...errrr school....see you later maybe
[12:52] {dino} later es
[12:52] {Threei}  take care ese...
[12:52] {dino} spn again
[12:58] {nemo} boy when this buyer at 19 drops
06[13:01] * Threei hits SVNT over the head with 2x4
[13:02] {RonS} s svnt 19.04
[13:02] {nemo} quite the batthle
[13:02] {nemo} battle
06[13:02] * Threei hits SVNT over the head with 2x4 incrusted with rusty nails
[13:03] {Threei}  doesn't look promising
[13:03] {Threei}  let's trail it to over .10
[13:06] {Threei}  SVNT Wedbush raises price target to $25 from $20; maintains Outperform rating
[13:06] {Les} svnt being held up by 50ma. should come down
[13:07] {dino} enter sandman
[13:07] {nemo} huge buyer at 19
[13:08] {Les} ok
[13:08] {dino} spn s .25
[13:10] {Threei}  squeeze
[13:12] {Les} hmmm
[13:13] {Les} what news svnt?
[13:13] {Les} not just upgrade is it?
[13:13] {Threei}  no
[13:13] {Threei}  September 14, 2010 17:26:49
[13:13] {Threei}  Savient Pharmaceuticals Inc. FDA approves KRYSTEXXA (pegloticase) as a treatment for chronic gout
[13:14] {Threei}  momo
[13:15] {Les} ciao
[13:15] {Les} oops sorry
[13:15] {nemo} x
[13:15] {nemo} .02 bid
[13:16] {nemo} chews through tht goes to .85 anyway
[13:16] {dino} stopped spn
[13:30] {nemo} X again
[13:31] {nemo} somebody doesn't want it going below 42
[13:31] {nemo} 46, sorry
[13:31] {dino} logm to .61 thing doesn't move
[13:33] {dino} spn may be rolling over
[13:35] {nemo} not yet dino imo
[13:35] {Threei}  SVNT... first momo in quite a while
[13:35] {Threei}  nice to see, hopefully more to come
[13:36] {dino} daily looks so, omo nemo
[13:37] {dino} imo
[13:38] {dino} out logm -.09
[13:39] {dino} cov spn +.20
[13:40] {dino} .35-.14 range
[13:43] {i2r} LVS, going to break the high or not?
[13:44] {Threei}  good question
[13:44] {Threei}  (EU) German Chancellor Merkel: Germany would back severe sanctions for Euro Zone nations that exceed deficit limits
[13:46] {nemo} that bats exchange data is a pain in the ass
[13:49] {i2r} i want LVS to be sold, everyone should just sell like crazy
[13:49] {i2r} as if their life depended on it :)
[13:49] {i2r} for no other reason as my own interest to make a profit, is it too much to ask? :)
[13:54] {nemo} there goes x
[13:58] {i2r} out LVS
[14:00] {Threei}  interesting discrepancy:
[14:00] {Threei}  - NYSE volume 450M shares, about 22% below its three-month average; advancers lead decliners by 1.1:1.
[14:00] {Threei}  - NASDAQ volume 1.24B shares, about 2% above its three-month average; advancers lead decliners by 1.2:1.
[14:12] {dino} spn s .05
[14:12] {Les} ooh yeh spn come on down
[14:13] {Les} hate sharing computer with kids. sent them packing off to bed
[14:13] {nemo} velcro and superglue
[14:13] {dino} you trade w/shared computers?
[14:13] {Les} I am master of my own screen again
[14:14] {Threei}  king of the castle?
[14:14] {Les} no, they watch selected downloads with the big trading screen. we have no tv dino
[14:14] {Les} in this case, an episode of Jimmy Neutron
[14:14] {dino} i remember him
[14:15] {Les} No account so no fuss about lettin the kids sneak in a cartoon
[14:15] {dino} ahh
[14:16] {Les} Dave can't give me time frame either. Others wait weeks for their accounts?
[14:16] {Les} nice short entry spn
[14:18] {dino} thx
[14:19] {dino} to .91
[14:19] {Les} svnt might offer another chance here. maybe wait for drop and bounce
[14:20] {dino} cov .85 spn +.20
[14:22] {jfjf64} 3i
[14:23] {jfjf64} how  bout lettin  davidrosenfeld IN
[14:24] {nemo} wooba gooba with the green teeth
[14:24] {Threei}  not preventing him
[14:24] {jfjf64} HMMM
[14:25] {jfjf64} nemo must be
[14:25] {Threei}  that's nemo as we came to know and like him
[14:25] {jfjf64} nice
[14:25] {nemo} nahhh...
[14:25] {jfjf64} agree
[14:25] {nemo} what I do is worse
[14:26] {Threei}  SVNT... .95 - .96 break will probably lead it to the last leg of expansion
[14:26] {_daviddrosenfeld} Into what?  The Mibbitt hates me!
[14:26] {Threei}  you still on Iphone??
[14:26] {nemo} goes beyond that
[14:26] {jfjf64} welome my  friend
[14:27] {nemo} to the show that never ends
[14:27] {jfjf64} we come in  peace
[14:27] {nemo} I'll leave you in pieces
[14:27] {_daviddrosenfeld} You guys are good, but I'm easily impressed
[14:28] {nemo} makes sense since your a meadow of roses
[14:28] {Threei}  I know exactly what you mean... I am in "easily amused" category, so any cake meeting the face sends me in bouts of hysterical laughter
[14:29] {jfjf64} you  wk  on  mibbit
[14:29] {jfjf64} 3i
[14:29] {jfjf64} takes care of rest
[14:34] {dino} mkt drop
[14:37] {Threei}  look at this pressure, SVNT
[14:41] {Threei} Short Setup: MOS  .50 break
[14:42] {Threei}  stop above .55 for scalpers
[14:42] {Threei}  .60 day traders
[14:42] {dino} spn
[14:43] {Threei}  out
[14:43] {Threei}  1:1
[14:43] {Threei}  nice and easy
[14:44] {gregns} ty
[14:44] {Threei}  :)
[14:44] {Threei}  me like easy money
[14:45] {jfjf64} kgc
[14:45] {jfjf64} for get that
[14:46] {Threei}  (US) Obama Administration is prepared to file two new WTO cases against China, in steel and financial services sectors
[14:46] {Threei}  are we ate economic war with China?
[14:46] {Threei}  at
[14:47] {dino} well since he has ruined financial sevices here, he wants to blame some othr country
[14:47] {Threei}  I like that
[14:47] {nemo} bidu long?
06[14:47] * Threei is looking around trying to find someone to blame
[14:48] {gregns} svnt behaving differently ? ready for short soon? not going up with mkt
[14:48] {Threei}  50/50 BIDU... no read
[14:48] {nemo} tna right shoulder?
[14:48] {Threei}  it's not trading with market greg
[14:48] {Threei}  this is independent stock
[14:48] {Threei}  momo
[14:49] {gregns} ok ty
[14:49] {Threei}  inverted you mean, nemo?
[14:49] {nemo} yeah
[14:49] {nemo} quasimodo now
[14:49] {Threei}  could be...
[14:50] {Les} Nemo's brother
[14:50] {nemo} cute
[14:50] {dino} look at tho, i'm seeing this pattern more lately, no bids, fast fall, rebound
[14:50] {Threei}  my feeling is, market is not done torturing Ursuses
[14:50] {nemo} vwap for spy is 11.57
[14:50] {nemo} 112
[14:50] {Threei}  wow... SVNT lost it
[14:50] {dino} greg was eright
[14:50] {dino} right
[14:51] {nemo} in bidu .91, sto .84
[14:51] {Threei}  very much so
[14:51] {Les} wait for bounce
[14:52] {dino} nice spot greg
[14:52] {gregns} ty
[14:56] {Threei}  TNA works nicely
[14:58] {Les} hmm good to see stocks starting to become readable again, even to my newbie eyes
[14:58] {Les} although I've got trouble seeing inverted h&s TNA
[14:58] {nemo} fcx break of .90?
[14:58] {Threei}  nah
[15:00] {Threei}  (IA) Six powers to meeting in New York next week to discuss Iran (related USO )
[15:00] {Threei}  Power #1: so, how about that Iran, eh?
[15:00] {Threei}  Power #4: oh boy, isn't it something
[15:00] {nemo} excuse for a getaway I guess, they ain't gonna' do squat
[15:00] {Threei}  Power #3: it sure is... pass the cigar?
[15:01] {Les} svnt
[15:01] {Threei}  Power #6: shot of vodka anyone?
[15:02] {dino} power #5, perhaps if we give them $ like we did for n korea, they will say they will behave for a few weeks
[15:02] {Threei}  Power #1: so, what do we do?
[15:02] {Threei}  Power #5: about what?
[15:02] {Threei}  Power #1: Iran!
[15:02] {Threei}  Power #6: oh, that's right
[15:04] {Threei}  LINTA Chairman: DirectTV is the best video experience in the US, allows them to gain market share against terrestrial competition - BoA conf (12.38, -0.08, -0.64%) (related DTV )
[15:05] {Threei}  yes... but what are they going to do about extraterrestrial?
[15:05] {Threei}  when Mars attacks?
[15:05] {dino} until you have a storm
[15:13] {Threei}  after 40 years of negotiations, Russia and Norvegia sign the border agreement
[15:14] {Threei}  that's what I call speedy politics
[15:17] {Threei}  Russian source... commonly accpeted spelling woud be Norway I assume
[15:17] {Les} we are bored... outta here. c u's tomorrow.
[15:19] {dino} cya
[15:19] {nemo} o.k. Marie
[15:23] {nemo} so the market squeezed the bears, now it's chewing everybody
[15:23] {Threei}  only those who feel obliged to trade every second
[15:24] {Threei}  market is doing nothing right now
[15:24] {Threei}  so those who try to outguess it get chewed on seesaw action
[15:26] {jfjf64} wow
[15:26] {Threei}  something happened
[15:26] {Threei}  no news yet
[15:27] {nemo} nah, just market going to the highs from yesterday
[15:27] {Threei}  too vertical spike out of nwhere
[15:27] {nemo} nah, buy programs kicked in
[15:32] {gregns} i had a couple of offers at different times at .62 Svnt while short and those tails came down and got them i love it!
[15:33] {dino} gj
[15:33] {Threei}  offers or bids?
[15:34] {dino} bids i assume
[15:34] {Threei}  thought so
[15:35] {gregns} while short @.77 , i had offers out there @.58 and later .62 and the tails got them,, did i say that correct
[15:35] {Threei}  no
[15:35] {Threei}  those were bids
[15:35] {Threei}  offer is sell order
[15:35] {Threei}  bid is buy order
[15:35] {Threei}  you wanted to buy to cover short
[15:35] {gregns} got it mixed up, yeah
[15:37] {dino} spn hod
[15:38] {Threei}  those tails are teleportations
[15:38] {Threei}  happens on momo
[15:38] {dino} back in ten
[15:38] {Threei}  havent seen in in a good while
[15:38] {nemo} he does this every day at 3:38
[15:39] {Threei}  that's his idea of teleportation
[15:43] {jfjf64}  MASI
[15:44] {jfjf64} good day all
[15:45] {Threei}  take care jf
[15:49] {nemo} I'm cooked stick a fork in me good night
[15:54] {dino} bus stop nemo
[15:57] {Threei}  thank you all
[15:57] {Threei}  have a good evening, see you tomorrow