Monday, October 18, 2010

Oct 18 2010

Delayed log posting slightly while waiting for IBM/AAPL reports and market reaction. Nothing interesting to post anyway - no interesting charts, a lot of rinsing. One of those days that shouldn't even make it to calendar.



Session Time: Mon Oct 18 00:00:00 2010
[08:21] {magoo} morn..holy cow, aapl +16, amzn + 9???
[08:24] {Threei}  no... AAPL +.17
[08:24] {magoo} amzn news? sympathy?
[08:26] {Threei}  don't see anything
[08:27] {Threei}  US) Fed's Fisher: Reiterates that Fed is on watch, will take action if necessary, no decision on QE2 will made until the November FOMC meeting - CNBC interview
[08:27] {Threei}  - US will not end up like Japan.
[08:27] {Threei}  - Fed may or may not decided to carry out QE2.
[08:27] {Threei}  - Fed is not a substitute for fiscal authorities
[08:28] {Threei}  - Reiterates feels the most important indicator is whether or not the US is creating jobs
[08:29] {magoo} vad whats QE2 stand for? quantitive easing 2?
[08:30] {jfjf64} mornin
[08:30] {Threei}  yes mags
[08:30] {Threei}  jf :)
[08:31] {magoo} ty
[08:32] {magoo} JF:)
[08:32] {jfjf64} 3i  was lookin at ya photos yest  think ya in wrong profesion    very impressive
[08:32] {jfjf64} mags
[08:35] {Threei}  ty
[08:36] {jfjf64} can tell ya really  enjoy
[08:36] {jfjf64} thats great
[08:37] {jfjf64} looks lk citi must had good earnings
[08:38] {Threei}  I do
[08:38] {Threei}  most expansive (and expensive) hobby I've ever had
[08:38] {Threei}  aside of skirt chasing of course
[08:38] {jfjf64} realy
[08:38] {jfjf64} ahh
[08:38] {jfjf64} yes
[08:38] {Threei}  C Reports Q3 $0.07 v $0.06e, R $20.7B v $21Be
[08:39] {Threei}  interestingly enough, photography as a hobby started for me since I was 8 or so
[08:39] {Threei}  darkroom, developing film myself, enlarger...
[08:40] {Threei}  I still have some prints from that era
[08:42] {jfjf64} wow
[08:42] {jfjf64} 8
[08:43] {Threei}  can't tell you how many cameras I changed since then :)
[08:43] {jfjf64} hobby for 70 years
[08:43] {jfjf64} lol
[08:43] {jfjf64} ibet  lots  of  cameras
[08:44] {Threei}  and if you think they are bloody expensive (my next body, just released, costs 2K), youi should look at the lenses...
[08:45] {jfjf64} gotta run to  store  be  back   for open
[08:45] {Threei}  buy me my next camera?
[08:46] {Threei}  it's not in the stores yet
[08:46] {Threei}  just send me the money
[08:46] {jfjf64} no  prob
[08:46] {jfjf64} 7/7  today
[08:46] {jfjf64} deal
[08:46] {Threei}  hmmm
[08:46] {jfjf64} 1 trade  $1.00
[08:47] {jfjf64} lol
[09:02] {magoo} monster spike amzn
[09:12] {dino} gm all
[09:13] {RonS} gm dino & all
[09:13] {dino} :D
[09:14] {Threei}  dino, ron :)
[09:15] {davd} good morning!
[09:16] {Threei}  davd :)
[09:16] {Threei}  *(US) SEPT INDUSTRIAL PRODUCTION: -0.2% V 0.2%E; CAPACITY UTILIZATION: 74.7% V 74.8%E
[09:18] {khaln} g morning
[09:18] {Threei}  khaln :)
[09:21] {ese} morning
[09:21] {Threei}  ese :)
[09:22] {Threei}  ese's entrance remined me, little local story from saturday
[09:23] {larisa} gm :)
[09:23] {Threei}  larisa :)
[09:23] {ese} fire away
[09:23] {Threei}  wife had a little musical gig for couple hours, in the place near warterfront
[09:24] {ese} ahhhhhhh
[09:24] {Threei}  so I decided to drive her and sit in the car next to breakwater with my laoptop and work on last chapter os tao course
[09:24] {Threei}  beautiful weather, beatiful place, girls walk and run by,
[09:24] {Threei}  then as if it was not enough ,
[09:24] {Threei}  two huge grey whales appear right near the shore!'
[09:25] {ese} wow
[09:25] {ese} how close
[09:25] {ese} that would be unusual
[09:25] {Threei}  between the shoreline and lighhouse
[09:25] {patience} they smelt bacon sandwich ese
[09:25] {Threei}  so very close
[09:27] {Threei}  and yes, I had camera with me
[09:28] {Threei}  LVS, zone 38.60 - .60 is low for the last three days
[09:28] {Threei}  watching if we get breakdown
[09:30] {jfjf64} picture of girls runnin by or gray whale
[09:31] {Threei}  since police hasn't arretsed me, whales :)
[09:32] {Threei}  small shares, AAPL long 318 break
[09:33] {Threei}  if holding .70 - .75
[09:34] {Threei}  needless to say, invalidated
[09:34] {magoo} fcx dump
[09:34] {ese} lol
[09:34] {Threei} Short Setup: RIMM  .35 break
[09:34] {Threei}  half lort
[09:35] {Threei}  stop above .45
[09:35] {magoo} in
[09:36] {Threei}  not a scalp if works
[09:36] {Threei}  even though srtop is of scalping kind
[09:36] {Threei}  1:1
[09:37] {magoo} FCX crushed
[09:37] {Threei}  argh... just prepared LVS .70 break short alerts
[09:37] {magoo} LVS dump
[09:38] {magoo} pretty good aapl dump
[09:38] {Threei}  crying about LVS
[09:38] {Threei}  let's see if bounces for conservative entry
[09:39] {Threei}  ok, ideally:
[09:40] {Threei}  going over .70, pausing for a min or two, breaks .70 again while staying under .85
[09:40] {strider} full lot trade?
[09:41] {Threei}  yeah
[09:41] {Threei}  doesn't look like going there
[09:42] {Threei}  market spike
[09:42] {magoo} bidu sh vad
[09:46] {Threei}  now, mags
[09:46] {Threei}  stop above .85
[09:46] {magoo} .65
[09:46] {Threei}  nope
[09:46] {Threei}  (US) Preview: Oct NAHB Housing Market Index due out at 10:00ET
[09:52] {ese} dino....what are you seeing
[09:53] {Threei} Long Setup:  FCX  .85 break
[09:53] {Threei}  half lot
[09:53] {Threei}  if stays above .70
[09:57] {Threei} Long Setup:  CAT  .40 break
[09:57] {Threei}  if stays above .30
[09:58] {Threei}  invalidated
[09:58] {ese} L stx .10
[09:59] {dino} hfst
[09:59] {dino} thin
[09:59] {Threei}  *(US) OCT NAHB HOUSING MARKET INDEX: 16 V 14E (INFORMAL)
[09:59] {dino} medq
[10:00] {Threei}  no go FCX
[10:00] {davd} fcx inval
[10:00] {Threei}  SIGA Strength attributed to ciriculation of EU Medicines Agency grant of orphan drug status dated Oct 1 (13.85, +0.62, 4.69%)
[10:02] {magoo} AMZN bounce ready vad?
[10:02] {Threei}  .50 break
[10:02] {Threei} Long Setup:  TNA  .80 break
[10:03] {dino} medq sm l .30
[10:03] {Threei}  stop under .70 for scalpers
[10:03] {Threei}  .60 for day traders
[10:04] {Threei}  no worky
[10:05] {ese} stx stopped even
[10:07] {Threei} Short Setup: RIMM  .10
[10:10] {Threei}  if stays under .25
[10:11] {dino} goro
[10:12] {Threei}  messy market today
[10:15] {Threei}  sheesh
[10:16] {jfjf64} we better go finf that gray whale today
[10:16] {jfjf64} tk some pictures
[10:16] {jfjf64} lol
[10:23] {Threei}  FCX rinse
[10:23] {Threei}  TNA rinse
[10:24] {Threei}  RIMM rinse
[10:30] {Threei} Long Setup:  DG  .20 break half lot
[10:30] {Threei}  if stays above .10
[10:35] {ese} L ffiv .55
[10:36] {ese} out of your playbook dino
[10:37] {ese} but maybe should hae been in at .40
[10:37] {dino} hmmm
[10:37] {dino} meli
[10:39] {dino} gj ffiv
[10:39] {ese} tks
[10:39] {ese} trailing the stop now
[10:40] {ese} blasted stopped .56 +.01
[10:40] {ese} hmmmmmmmm
[10:40] {ese} was a 1/2 lot
[10:42] {ese} i still think theres some value here........
[10:42] {dino} look for db
[10:42] {ese} ya
[10:43] {Threei}  DG must work, or my name is not Peter O'Toole
[10:43] {magoo} exit target??
[10:43] {Threei}  wait...
[10:44] {Threei}  looks to me like 1:2 should be in cards with any market help
[10:45] {dino} meli sm l .00
[10:47] {davd} in meli .00 small
[10:48] {magoo} no like it vad
[10:48] {dino} stop is .72
[10:49] {Threei}  (GR) Greece PM Papandreou: 2012 GDP to show growth, 2011 to be the last year of the recession
[10:49] {Threei}  heh
[10:49] {Threei}  - Reminder: in late September, Fin Min Papaconstantinou noted he expected growth by the end of 2011
[10:50] {Threei}  so, what's to prevent him to change his prediction again at the end of 2011
[10:51] {Threei}  pmusso, look dcc please
[10:55] {dino} out medq .01, +.71
[10:55] {Threei}  wtg
[10:55] {dino} ty
[10:59] {Threei}  BZH Ticking higher on fresh LBO chatter (4.23, +0.13, 3.17%)
[11:03] {Threei}  CAT
[11:03] {Threei}  oerfect breakout chart but with the way breaks go, do we dare?
[11:08] {dino} meli stopped -.27
[11:09] {RonS} smeli eh?
[11:09] {dino} ffiv drops further
[11:09] {Threei}  that's settled then
[11:10] {Threei}  my name is not Peter O'Toole
[11:11] {davd} out meli, yes smelly
[11:12] {davd} large sale spy at 11:08 am
[11:14] {davd} good out on meli dino.
[11:16] {dino} thx
[11:16] {dino} ffiv interesting
[11:18] {khaln} .
[11:18] {dino} ffiv sm l .00
[11:19] {dino} stop .72
[11:21] {ese} L ffiv .03
[11:21] {ese} ahhhhhgreat minds think alike i see
[11:21] {dino} battleground
[11:21] {Threei}  ooooh.. that's why I don't like FFIV...
[11:22] {Threei}  not a very great mind
[11:23] {ese} hmmmmmmmm   let me think aout that one
[11:23] {ese} i'll send ya memo
[11:23] {dino} stopped
[11:23] {ese} daaaaaa stopped
[11:24] {Threei}  with its volatility I can't even tell whether it's a stop by direction or by natural volaitlity
[11:24] {ese} taken a 5 bean hit........big........should bounce somewhere
[11:24] {dino} a bit radical
[11:24] {Threei}  looks at this
[11:24] {Threei}  yeech
[11:24] {dino} sheesh
[11:24] {ese} bastar&^%&^&^
[11:25] {dino} that sucked
[11:25] {Threei}  don't you hate this kind of things
[11:25] {ese} entr
[11:25] {magoo} wjhy is it so hated, seems crushed everyday FFIV
[11:25] {ese} AUCH DU MIYA!!!!!!!!!!!!!!1
[11:26] {dino} rdwr
[11:29] {Threei}  I don't remember a day I hatd so much as today in recent memory
[11:29] {Threei}  or distant
[11:29] {strider} how about last monday?
[11:30] {Threei}  that's way beyind my distant memory
[11:30] {strider} :)
[11:30] {dino} ugh went a buck
[11:30] {magoo} u hated last thurs vad
[11:30] {Threei}  I did?
[11:32] {Les} .
[11:33] {dino} exxi
[11:34] {magoo} bidu going for 103 imo
[11:34] {magoo} in .50 cross
[11:36] {magoo} thinkin103.90
[11:37] {Les} Tj
[11:38] {Les} This chat room is a graveyard. Dead market is it?
[11:38] {Threei}  thank yopu for the very flattering qualification
[11:38] {Threei}  go sleep now, will ya?
[11:39] {Les} :) morn vad
[11:39] {Threei}  oh, now you decided to be polite {GGG}
[11:39] {Les} when does America change to winter time?
[11:39] {dino} now
[11:39] {strider} when winter arrives
[11:39] {RonS} when it goes below freezing and starts snowing
[11:39] {dino} had flurries friday
[11:40] {Threei}  I still can't believe that dino
[11:40] {Threei}  that's screwed up badly
[11:40] {RonS} jus given u a hard time les...i suspect you meant the time change...
[11:40] {Threei}  here goes your BIDY mags
[11:40] {Threei}  BIDU too
[11:40] {dino} not reallt 3i, two years ago kids had snow day in october
[11:41] {magoo} waiting .84
[11:41] {Les} was gonna tell the numbskulls in this room to belt up, but practicing a bit of w wei Ron
[11:41] {Threei}  was my reality back in Winnipeg days...
[11:41] {Les} wu wei
[11:41] {Threei}  but impossible to even imagine now, from Vitoria point of view
[11:41] {Les} wee wee?
[11:43] {dino} watching hal
[11:43] {Les} miners and GLD stuck. what's your take for the afternoon vad?
[11:44] {Threei}  you don't want my prognosis today les
[11:44] {Les} oh...
[11:44] {Threei}  I am having one of those "can't hit s skyscraper standing 3 ft from it" days
[11:44] {dino} j e t s
[11:44] {Les} how did you begin looking at the day?
[11:45] {Les} short the bounces or buy the pullbacks?
[11:45] {Threei}  both
[11:45] {Threei}  neither worked
[11:45] {Threei}  lol
[11:45] {Threei}  well, actually they did
[11:45] {Threei}  but rinsed almost every time
[11:46] {Les} remember that from summer. my lack of discipline near killed my account
[11:47] {RonS} nuts, vmw reports ah...shoulda been dogging that one
[11:47] {magoo} any sec now vad
[11:48] {RonS} strider...hog reports a.m.
[11:50] {Threei}  here it goes
[11:51] {Threei}  out?
[11:51] {magoo} out + too much tio figure out
[11:51] {Threei}  wtg
[11:52] {magoo} .84
[11:52] {magoo} + like 5 dollars i guess
[11:52] {magoo} [11:33] {magoo} in .50 cross
[11:53] {magoo} [11:34] {magoo} thinkin103.90
[11:53] {magoo} + 1 .34
[11:57] {magoo} feels higher BIDU
[11:57] {magoo} u got read vad?
[12:03] {Threei}  104 break...
[12:04] {magoo} to at leasr .40 area
[12:06] {magoo} in .97
[12:09] {Les} nasty play there bidu
[12:09] {magoo} yea, stopped flat
[12:09] {Threei}  bounce zone
[12:09] {magoo} getting riskier and harder now
[12:15] {Threei}  (FR) France Union reportedly claims it has cut approx 1.5GW of capacity at EDF today, has plans for larger cuts tommorow
[12:15] {Threei}  - Union notes it expects the FOS LNG terminal to be closed on Tuesday due to a lack of gas
[12:18] {Threei} Long Setup:  TNA  .90 break
[12:18] {Threei}  if stays above .80
[12:20] {Threei}  come on
[12:21] {Threei}  this is sure trade, don't rinse
[12:22] {davd} in tna .9 stop .78
[12:23] {davd} large sale spy 12:18
[12:23] {ese} L entr .92
[12:24] {magoo} mkt strenghth has been remarkable
[12:24] {davd} that statement is redundant magoo, as you just remarked
[12:25] {Threei}  lol
[12:25] {magoo} sigh
[12:27] {Threei}  shrug
[12:27] {Threei}  some days shouldn't even make it to calendar
[12:28] {dino} lol'
[12:29] {davd} out tna stopped
[12:30] {magoo} for today, lets go opposite vads calls and get RICH lol
[12:30] {Threei}  absolutely
[12:30] {Threei}  costanza trade is today's motto
[12:31] {dino} some days you eat the bear and...
[12:31] {Threei}  sometimes it rains
[12:31] {dino} lol, but somedays the bear eats you
[12:33] {Threei}  guess who is on TV
[12:33] {dino} magoo
[12:33] {Threei}  you wish
[12:33] {Threei}  and I know how unlikely it sounds
[12:33] {Threei}  but this is exactly the case
[12:33] {magoo} barbara steisand?
[12:34] {Threei}  hmmm
[12:34] {dino} who's he bashing today
[12:34] {Threei}  I need to ponder this one
[12:34] {Threei}  he hosts ascience fair winners, so I guess he will launch tirade against Boehner any moment
[12:35] {Threei}  'cause you know.. any occasion is a good occasion to bash republican
[12:36] {larisa} and vise versa
[12:36] {Threei}  of course
[12:37] {dino} powi l .50
[12:38] {magoo} MMR crushed
[12:39] {dino} ernings miss
[12:39] {dino} earnings
[12:40] {dino} exxi l .91
[12:41] {davd} in powi .5
[12:50] {magoo} vad, 105 a launch pad BIDU? the whole number?
[12:51] {Threei}  can't answer that
[12:52] {Threei}  it's on upward march
[12:52] {Threei}  but exact trigers on it is not very reloabnle
[12:53] {Threei}  too volatile
[13:02] {Threei}  my very last attempt for today:
[13:02] {Threei} Long Setup:  LVS  .60 break if holding above .50
[13:03] {magoo} so short here
[13:03] {Threei}  .55 break is aggressive entry
[13:03] {Threei}  target .85 - .90
[13:11] {ese} gotta go catch you all tomorrow ....still long entr at .92
[13:11] {Threei}  take care ese
[13:11] {Threei}  LVS invalidated
[13:12] {dino} cya es
[13:12] {Threei}  magoo in the money as his short is working (as it well should on a costanza day)
[13:15] {dino} out exxi .06 ave, +.15
[13:16] {Threei}  BIDU works
[13:18] {khaln} .
[13:19] {Threei}  (US) Fed's Lockhart: Leaning in favor of more monetary stimulus, believes another round of asset purchases could help the economy beyond increasing credit
[13:19] {Threei}  - Sees risk of disinflation leading to deflation, may support Fed QE to prevent deflation.
[13:19] {Threei}  - Expects US GDP growth to pick up modestly from Q2 level, sees downside risks to growth.
[13:19] {Threei}  - Sees modest growth increase in Q4, but with downside risks.
[13:24] {davd} move powi stop dino?
[13:25] {dino} flat
[13:26] {dino} partially out
[13:26] {dino} some went for .66
[13:28] {Threei}  (US) Fed's Lockhart: Inflation target should be at around 1.7-2.0% - Q (related TLT SHY IEF EUR/USD USD/JPY GBP/USD USD/CAD )
[13:29] {Threei}  is it amazing that inflation is considered necessary component of healthy financial system?
[13:30] {dino} it is, cheaper to pay back loans, etc w/inflated $. deflation more expensive because you have less $ w/same loan amount
[13:31] {davd} ok, i'll keep the stop
[13:31] {Threei}  why should it be inflation or deflation
[13:31] {Threei}  how about steady baseline
[13:32] {dino} borrowing
[13:32] {Threei}  not punishing savers, not rewarding borrowers
[13:32] {Threei}  everyone lives with consequences of their choices
[13:32] {dino} out remainder powi, ave toal .63,
[13:32] {dino} +.13
[13:33] {dino} 3i, think of it as why do you speculte? for higher prices
[13:33] {Threei}  I can live with lower prices as well :)
[13:33] {Threei}  that's why they invented sell short button
[13:34] {davd} out powi +.06
[13:34] {dino} my point tho in simple terms, nobody buys a stock or house to remain stagnate. they "invest" to grow
[13:34] {Threei}  well, I underatand that but
[13:34] {Threei}  there is another model
[13:34] {Threei}  it,
[13:34] {dino} capitalism requires some inflation otherwise nobody moves
[13:34] {Threei}  in it
[13:34] {Threei}  house is not an investment but a place to live
[13:34] {Les} I like the old american model
[13:35] {dino} not in usa
[13:35] {Threei}  and stocks go up on tyhe merits of business, not on increased money supply
[13:35] {Les} where a $ was a buck for 200 years
[13:35] {Les} I could happily raise livestock for a fair wage
[13:35] {dino} and you forget the biggest reason for inflatio, govt spending/deficits. the only way out
[13:36] {Threei}  sure, that one I know
[13:36] {Threei}  who doesn't... that's what ruins us
[13:37] {dino} well, that is reality my friend
[13:37] {Threei}  yeah
[13:38] {dino} as you always said to me years ago, "be water"
[13:38] {Threei}  just amazing how they managed to make this concept an inalienable part of society, psyche
[13:38] {davd} good out on powi dino
[13:38] {dino} yeah, lets see if lod holds. also .75 on exxi if holds
[13:41] {dino} hal around .60 too
[13:47] {magoo} VAD, lvs valid again?
[13:49] {Threei}  I believe so
[13:49] {Threei}  you are shorting?
[13:50] {magoo} ok, long it is
[13:50] {Threei}  stop under .40 of course
[14:03] {dino} l exxi .75
[14:07] {Threei}  covering LVS here mags?
[14:13] {dino} out exxi .98, +.23
[14:17] {Threei}  AAPL Signs agreement with three Chinese distributors to provide more sites to sell the iPad - Shanghai Daily
[14:22] {Threei}  BIDU next spasm of buying
[14:27] {Threei}  LVS
[14:27] {Threei}  get out here who took it long
[14:28] {dino} l powi .40
[14:29] {davd} in powi .4
[14:33] {davd} stop on powi dino?
[14:34] {dino} .24
[14:45] {magoo} vad  BIDU whats gut say ? 106-107
[14:47] {Les} starting to test support levels mags
[14:49] {Threei}  feels so mags
[14:49] {Threei}  it retreats, consolidates ands jumps again
[14:49] {Threei}  and market is looking up again
[14:50] {Threei}  AMGN FDA panel votes 15-1 Aranesp should continue to be used in pre-dialysis patients (57.50, +0.79, 1.39%)
[14:52] {Les} failed support levels mags
[14:52] {Les} .50 bounce in the cards
[14:53] {Les} traders are simultaneously screaming "eject, eject, eject!"
[14:55] {magoo} wheres bounce vad?
[14:56] {Threei}  one more leg down... about .70 - .80
[14:56] {Threei}  103.70 that is
[14:58] {dino} stop powi
[15:00] {davd} stop powi
[15:02] {Threei}  4755.JP Rakuten and BIDU to open China e-commerce site - WSJ (related AMZN )
[15:19] {dino} powi rinse
[15:21] {Threei}  (SR) Saudi Oil Min: World oil reserves remain plentiful, Saudi Arabia still has access to "easy" oil (related USO UNG OIH USD/GCC GAF )
[15:21] {Threei}  what? no poeak oil?
[15:21] {Threei}  peak
[15:23] {RonS} similar to no peak aapl price...
[15:23] {Threei}  (GR) EU's Juncker: Greece has not asked for an extension of repayment period
[15:24] {Threei}  as in: what to extend, we are not going to pay it at all
[15:28] {Les} as in ECB will continue recycling their debt until the journalists get bored of pestering the ECB
[15:29] {jfjf64} gone all day  miss alot
[15:30] {Threei}  not really
[15:30] {Threei}  day when one should be waking up at all
[15:30] {dino} zzzzzzzzzzzzzzzzzz
[15:30] {Threei}  mags gooked couple good ones
[15:30] {Threei}  hooked
[15:31] {jfjf64} will go through blog tonight
[15:31] {Threei}  I am useless like pliers in the sauna
[15:31] {jfjf64} lol
[15:31] {jfjf64} good one
[15:33] {Threei}  called one winner, LVS... but everyone ignored it after tinses before :)
[15:33] {Threei}  rinses
[15:33] {jfjf64} na  they  treating ya lk dog  with fleas???
[15:34] {jfjf64} look aapl
[15:34] {jfjf64} imo  hod  soon
[15:34] {dino} 4 of 7 jf, light day
[15:35] {jfjf64} whats wrong  with that
[15:35] {dino} sometimes i expect too much, thats all
[15:36] {Les} can't ask too much of Wall St. on a Monday dino
[15:36] {jfjf64} isnt it tuesday where ya at les
[15:37] {Les} a few more drinks and I'll be there jf
[15:37] {jfjf64} really
[15:37] {jfjf64} lol
[15:37] {Threei}  lol
[15:38] {Les} what else r us supposed to do when Monday is trading so slowly?
[15:38] {dino} back in ten
[15:38] {magoo} vad, aapl after bell, up down?
[15:38] {Threei}  hmmm
[15:40] {Threei}  no feel mags
[15:49] {dino} .
[15:50] {Threei}  no... no gut signal from AAPL
[15:54] {Les} BAC got a nice ascending triangle going into close
[15:54] {Threei}  with AAPL and IBM reporting... kind of scary to commit to any overnight holds
[15:54] {Les} ok
[15:58] {Threei}  AAPl won't get halted for earnings?
[15:58] {Threei}  they used to do it rehularly
[15:58] {Threei}  per company request
[16:01] {Threei}  let's see what AAPl says
[16:03] {RonS} vmw spike
[16:04] {Threei}  VMW Reports Q3 $0.39 v $0.35e, R$714M v $698Me
[16:06] {dino} bac restarting foreclosures 10/25/10
[16:06] {Threei}  doubles the speed, too?
[16:06] {Threei}  ro compensate for the pause
[16:07] {RonS} cwtr halted
[16:07] {Threei}  AAPL getting nervous
[16:08] {Threei}  IBM too
[16:08] {RonS} me too
[16:08] {RonS} Les is still here...
[16:09] {Threei}  he just passed ut forgetting to disconnect
[16:09] {Threei}  IBM Reports Q3 $2.82 v $2.75e, R$ v $24.1Be
[16:09] {davd} me here
[16:09] {Threei}  R$24.3B v $24.1Be
[16:10] {Threei}  - Guides FY10 EPS at least $11.40 v $11.27e
[16:10] {Threei}  hmmm
[16:10] {Les} how is IBM chart behaving?
[16:10] {Threei}  drops like a rock
[16:10] {RonS} down
[16:11] {Les} sell the news hey... let's see tomorrow
[16:11] {RonS} i think this happened last quarte in the ah to ibm...and then it recovered the next day
[16:11] {Threei}  could be... I don't see anything negative in the report
[16:11] {davd} s&p futures down a bit as well.
[16:11] {dino} this looks like a better report than last time
[16:12] {RonS} me either...
[16:12] {RonS} BRIC growth
[16:12] {Threei}  gross marging a little worse than last q
[16:12] {Threei}  so what
[16:13] {davd} ibm guidance is not quite good enought for the raised expectations
[16:13] {dino} gap around 135.40
[16:13] {RonS} well, 130 was the cap on this for a long time...maybe a retest and can go from there...
[16:14] {dino} also 131, 128
[16:14] {dino} 123
[16:16] {RonS} vmw gave it all back
[16:16] {Threei}  CWTR Guides Q3 -$0.19 to -$0.14 v $0.03e, R$225-230M v $280Me ($0.01 to $0.04 prior guidance)
[16:18] {Threei}  and mor, VMW
[16:19] {RonS} cwtr is going to get whacked
[16:21] {Threei}  just a thought:
[16:21] {dino} calling it a day. later all
[16:21] {Threei}  if AALP posts great numbers and explodes, IBM will be a good buy to track it
[16:22] {Les} how long before AALP posts numbers?
[16:22] {Threei}  shrug
[16:22] {Les} hmmm c u's tomorrow then.
[16:22] {RonS} ...hearing they are too busy shipping to report...:D
[16:22] {Threei}  take care Les
[16:23] {RonS} cya les
[16:23] {magoo} ZION out
[16:27] {Threei}  AAPL Halted" News pending (318.00, +3.26, 1.04%)
[16:27] {Threei}  as usual
[16:28] {Threei}  scalped IBM .53 - .90
[16:28] {RonS} gj
[16:28] {Threei}  okay... gotta leave
[16:29] {magoo} your earlier mention of that vad kept me out THANX
[16:29] {Threei}  will see how AAPL saga ends later
[16:29] {Threei}  :)
[16:29] {Threei}  see you tomorrow