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}  REoccur?
[09:15] {Threei}  as if it was over
[09:16] {ese} no kidding.....what 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 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 (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" havum to go to vads neck of 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