Monday, November 1, 2010

Nov 01 2010

Open break setup is the earliest one in the day (hence the name) and comes to a simple idea of a stock forming a range narrow enough for comfortable stop placement, then breaking this range one way or another. Such break triggers the trade with stop being placed on another side of the range. Annotations on the chart provide all the visual aid.
Other than that, we stayed careful, cutting down activity after a few wins and one stop in a morning rush.

Session Time: Mon Nov 01 00:00:01 2010
[08:29] {Les} morning all, managed to remember to show up to work early today
[08:29] {Threei}  impressive
[08:29] {Les} oh well if you're gonna start the week like that...
[08:30] {Les} no we're out of sync with daylight saving this week
[08:30] {Threei}  oh I see
[08:30] {Les} last year I was late to the party by one hour
[08:30] {Threei}  *(US) SEPT PERSONAL INCOME: -0.1% V 0.2%E; PERSONAL SPENDING: 0.2% V 0.4%E
[08:30] {Threei}  *(US) SEPT PCE CORE M/M: 0.0% V 0.1%E; PCE CORE Y/Y: % V 1.3%E; PCE DEFLATOR Y/Y: % V 1.4%E
[08:31] {Threei}  ouch
[08:31] {Les} sorry whats PCE core Y/Y?
[08:31] {Les} missing a number there vad
[08:32] {Threei}  1.2% V 1.3%E; PCE DEFLATOR Y/Y: 1.4% V 1.4%E
[08:32] {Les} ty
[08:32] {Threei}  - Prior PCE Core YoY revised higher from 1.4% to 1.3%
[08:32] {Threei}  - Prior PCE Deflator YoY revised higher from 1.4% to 1.5%
[08:35] {Threei}  (SR) Saudi Arabia Oil Min: Energy demand expected to growth 40% within 20 years; Asia to constitute 60% of that increase in demand (related USO UNG OIH )
[08:36] {Threei}  another prophet
[08:36] {Threei}  all these guys thinking they can predicy what happens in 20 years are pretty funny
[08:45] {Threei}  IMAX Price Target raised to $30 from $22 at Piper Jaffray, maintains Overweight rating (21.65, 0.00, 0.00%)
[08:54] {magoo} morn
[08:54] {Threei}  magoo :)
[08:55] {magoo} nrews ftnt vad
[08:56] {Threei}  FTNT Reportedly IBM considering takeover approach for Fortinet - unconfirmed report
[08:57] {Threei}  Follow up: Reportedly IBM has offered to buy Fortinet, according to sources. The offer was submitted six to eight weeks ago, but a deal has not been officially announced yet.
[09:00] {jfjf64} mornin all
[09:00] {Threei}  jf :)
[09:05] {Threei}  two consolidations happening, LVS and IMAX
[09:09] {_flautero} Good morning :D
[09:11] {Les} try again flautero. Scream this time
[09:12] {Threei}  glautero :)
[09:12] {Threei}  umm... g=f
[09:12] {Threei}  where is my coffee
[09:12] {Threei}  I mean coggee
[09:12] {_flautero} hehe
[09:13] {_flautero} FO has dobble bottom in the daily
[09:13] {_flautero} sorry dobble top
[09:13] {_flautero} 54.00 is the entry
[09:13] {dino} gm all
[09:14] {Threei}  dino :)
[09:14] {Les} dino
[09:14] {davd} hi all!
[09:15] {Les} morn davd
[09:16] {Threei}  davd :)
[09:17] {larisa} gm :)
[09:17] {Threei}  larisa :)_
[09:17] {larisa} vad :)
[09:17] {Les} hey lari
[09:18] {ronS} buenos dias todos
[09:18] {larisa} les, ron :)
[09:18] {Les} Ron
[09:20] {Threei}  IMAX chewed through 22
[09:27] {khaln} g morning
[09:29] {Threei}  khaln :)
[09:31] {magoo} avnr good vol
[09:32] {jfjf64} gld
[09:32] {Threei}  ECB's Bini Smaghi: Cannot rule out the chance that a Eurozone member state would not be able to pay back debt
[09:33] {Threei} Short Setup: AIG  .70 break if stays under .80
[09:33] {Threei}  half lot
[09:34] {ese} morning...had trouble loging on but am here
[09:34] {Threei}  ese :)
[09:35] {Les} don't log in as "morning" ese, a lot easier like that
[09:35] {ese} yup
[09:35] {Threei}  no kidding
[09:35] {jfjf64} pfe
[09:35] {jfjf64} watchim
[09:35] {ese} thats what happens when your own fault
[09:36] {magoo} AVNR crushed
[09:36] {Threei}  AIG not a scalp if triggers and works
[09:36] {magoo} caught .69
[09:36] {magoo} fast
[09:37] {Threei}  1:1
[09:37] {Les} half out ty
[09:37] {Threei}  half out .55
[09:37] {Threei}  stop to above b/e
[09:38] {Threei}  1:2
[09:38] {Threei}  1:3
[09:38] {Les} beauty vad
[09:38] {Threei}  careful
[09:38] {Les} and it just keeps on going
[09:39] {Threei}  calling me beauty is allowed to females only
[09:39] {Les} 5 min candlestick says it all.
[09:39] {Les} never fear, would never call you thing of beauty :)
[09:39] {Threei}  ty
[09:39] {jfjf64} ty
[09:39] {Les} I keep that term for the charts
[09:41] {jfjf64} lvs
[09:41] {jfjf64} machine
[09:43] {Threei} Short Setup: LVS  .95 break
[09:43] {Threei}  half lot
[09:44] {Threei}  47.05 sdtop
[09:44] {Threei}  no go
[09:46] {Threei}  (US) Preview: Oct ISM Manufacturing Index due at 10:00 ET
[09:46] {Threei}  (US) Preview: Sept Construction Spending due out at 10:00ET
[09:49] {Les} wfc 26 bbreak?
[09:49] {Threei}  50/50
[09:53] {Threei}  AONE Ticks higher on circulation of article discussing partnership with GE for development of electric vehicle charging statinos (10.08, +0.36, 3.70%)
[09:59] {Threei} Long Setup:  RIMM  57 break
[10:00] {Threei}  1:1
[10:00] {Threei}  half out
[10:00] {Threei}  scalpers be happy
[10:00] {Threei}  1:2
[10:00] {Les} SPY spike
[10:00] {Threei}  *(US) SEPT CONSTRUCTION SPENDING M/M: +0.5% V -0.5%E
[10:01] {Threei}  *(US) OCT ISM MANUFACTURING: 56.9 V 54.0E; PRICES PAID: 71 V 70.0E
[10:03] {ese} bottom line with all the reports coming out in recent weeks ......the US economy is recovering......slowly but surely...imo
[10:03] {Threei}  prtoblem is, they all get revised lower a week later
[10:03] {Threei}  *(US) SEPT CONSTRUCTION SPENDING M/M: +0.5% V -0.5%E
[10:03] {Threei}  - Prior revised lower from 0.4% to -0.2%
[10:04] {Threei}  how about that?
[10:04] {Les} oops
[10:04] {Threei}  fudge it into election, revise later when no one pays attention
[10:04] {ese} and then a week later it gets revised up........
[10:05] {dino} same w/unenployment weekly numbers
[10:05] {Threei}  I don't think we saw any of significant ones not being revised
[10:05] {Threei}  over last month or so
[10:06] {Les} SPY wants 120
[10:08] {Threei} Short Setup: LVS  .15 break
[10:08] {Threei}  half lot
[10:08] {Threei}  if stays under .25
[10:09] {ese} in
[10:09] {ese} .13
[10:09] {Threei}  1:1
[10:09] {Les} out ty
[10:10] {ese} cover .05
[10:10] {jfjf64} ty
[10:10] {Threei}  3 for 4... you know my eternal question, right?
[10:10] {jfjf64} 3i
[10:10] {ese} tks vad
[10:10] {Threei}  welcome, but...
[10:10] {jfjf64} ate his wheaties today
[10:10] {ese} ahhhhhhh what?
[10:10] {Les} get back to work!
[10:10] {magoo} 2 were questionable
[10:10] {Threei}  can I go home??
[10:10] {jfjf64} or bacon
[10:11] {Threei}  questionable?
[10:11] {_flautero} wow lvs
[10:11] {magoo} rimm was like 12 seconds to win and down
[10:11] {Threei}  since when 12 seconds is not enough?
[10:11] {magoo} this time
[10:11] {magoo} killed me
[10:11] {jfjf64} fine here
[10:11] {Les} admittedly sat on my hands for RIMM.
[10:12] {Threei}  sure thing if you have 20 cents but sit and wait for 40
[10:12] {Threei}  into numbers too
[10:12] {Les} rimm got a lot of air under it vad
[10:13] {Les} should I be looking for short setup on it?
[10:13] {Threei}  into bounce, maybe
[10:13] {magoo} i consider myself pretty fast, so i doubt many in room made $$ on rimm
[10:13] {Threei}  breakdown, I am not so delighted
[10:14] {Les} ok
[10:14] {Threei}  OK, cancle that RIMM call, and I am not calling it anymore
[10:14] {Les} can't you just put mags on ignore?
[10:14] {magoo} lol
[10:14] {magoo} u mean AGAIN?
[10:15] {nemo} omfg....I actually have a trading account again
[10:15] {Les} hehe the fish is back!
[10:16] {Les} lol RIMM offered that short entry. too chicken now to take it. Mags is scaring me off it
[10:16] {Les} was very quick 1:1
[10:16] {Les} probably too dangerous
[10:17] {ese} L pwer .10 avg .60
[10:20] {Les} vad LVS read?
[10:21] {Threei}  *(US) SEPT CONSTRUCTION SPENDING M/M: +0.5% V -0.5%E
[10:21] {Threei}  - Prior revised lower from 0.4% to -0.2%
[10:21] {Threei}  .25 break long
[10:21] {Threei}  1:1
[10:22] {Les} damn missed it looking for a stop. ty anyway
[10:22] {jfjf64} cat
[10:22] {jfjf64} ???
[10:22] {Threei}  no read CAT
[10:23] {jfjf64} no meow meow today
[10:23] {Threei}  well, 80 break is aobvious one
[10:23] {Threei}  just not sure how obvious flies today
[10:23] {jfjf64} rhinkin  short
[10:23] {Threei}  remember, we have two big events
[10:23] {Threei}  tomorrow and wed
[10:24] {Threei}  things are about to get very nervious
[10:24] {jfjf64} sence it
[10:24] {jfjf64} you woundnt know from ya calls
[10:25] {magoo} out LVS .47, we can be friends again vad
[10:25] {magoo} TY
[10:25] {_flautero} lol
[10:25] {jfjf64} aapl
[10:26] {jfjf64} .50  short
[10:26] {davd} dollar up a bit in past 1/2 hour and at hod.  may dampen market a little.
[10:27] {Threei}  we could mags, but I put you on ignore so I haven't seen that
[10:27] {Les} lol
[10:27] {ronS} lol
[10:27] {Les} rimm read vad?
[10:27] {magoo} roflol
[10:28] {Threei}  RIMM feels like short
[10:28] {Threei}  but not sure about setup
[10:28] {nemo} likely to get to .18 first
[10:28] {Les} yeh market should bounce a little first
[10:29] {Threei}  I have this nagging feeling that after Wed USD is going to skyrocket
[10:29] {Les} hopefully not overnight
[10:29] {Threei}  after FOMC on Wed, to be more precise
[10:29] {Threei}  and stage serious rally
[10:29] {Les} ?
[10:29] {nemo} but will that be bad for market or good for the market
[10:29] {Les} dollar up = market up?
[10:29] {Threei}  now, if that happens, the question is, will it kill the market
[10:30] {Threei}  or this relation is about to expire
[10:30] {Les} oh right, you m ean $ rally
[10:30] {Threei}  not sure...
[10:30] {Threei}  yes
[10:30] {Les} sorry, thought you meant dollar and market to seriously rally
[10:30] {Threei}  dollar to rally
[10:30] {magoo} problem is a pllbk is so so anticipated and rrightly so...that it should NOT happen
[10:30] {Threei}  market - not sure if invsrese relation will stay or they'll decouple
[10:30] {Les} what time FOMC meeting?
[10:31] {Threei}  yeah... my suspicion is,
[10:31] {Les} 2pm usual?
[10:31] {nemo} announcement 2:15
[10:31] {Threei}  markert is going to pull back at first,
[10:31] {Les} cool. so we capture the close
[10:31] {Threei}  creating the impression that relation is there
[10:31] {Threei}  then explode upward against all the expectations
[10:31] {Les} will certainly squeeze last drop of blood
[10:31] {Les} from bears
[10:32] {Les} should it eventuate
[10:33] {nemo} .44 support for spy
[10:34] {Les} q's IWM leading SPY down IMO
[10:35] {Les} some RIMM consolidation for 57 b/d?
[10:35] {nemo} vwap .40 for spy
[10:36] {jfjf64} aapl
[10:36] {jfjf64} in
[10:36] {Les} wow fast drop
[10:36] {jfjf64} .45
[10:36] {jfjf64} hold .75
[10:37] {jfjf64} dieeeeeeeeeeeeeeeeeeeeeee
[10:39] {Les} vad u tempted by .95 b/d rimm?
[10:39] {magoo} i like that'
[10:39] {Les} lot of support under it. needs solid market drop
[10:40] {Threei}  really hard to tell
[10:40] {ronS} nflx pullback
[10:40] {Les} cool. prefer cleaner break
[10:48] {magoo} aapl will bring RIMM down (or up)
[10:52] {Les} rimm more interesting now if it can consolidate or bounce a little
[10:52] {magoo} im sh .99
[10:53] {Les} gj
[10:53] {magoo} looking for low
[10:53] {magoo} like .57
[10:53] {magoo} will eject on strength
[10:53] {Les} I'll join u if setup permits
[10:54] {magoo} stopis 57.01
[10:58] {nemo} Qs at 200 m
[10:59] {jfjf64} someone  hit  aaple pls
[11:00] {Les} u running lightspeed charts nemo?
[11:00] {nemo} no
[11:00] {nemo} LASER and
[11:00] {Les} ok wasn't sure if you had premarket MA data
[11:01] {nemo} .20 is spy 200 ma, look for bounce
[11:01] {magoo} lvs sh too
[11:10] {Les} anyone got anything on radar with big percentage gain?
[11:11] {magoo} AVNR
[11:11] {Les} cool ty
[11:11] {dino} itri sm l .01
[11:13] {davd} in itri .01 small
[11:13] {dino} pwer gap fill oct
[11:14] {jfjf64} die
[11:15] {nemo} spy and Qs slowing to a crawl
[11:16] {Les} good calls on aapl rimm jf & mags
[11:16] {dino} pwer l .76
[11:17] {magoo} rimm target hiyt
[11:18] {dino} gj
[11:20] {jfjf64} +1.03
[11:20] {Les} wtg
[11:20] {nemo} on what jf?
[11:20] {jfjf64} aapl
[11:20] {nemo} kewl
[11:20] {dino} gj
[11:20] {jfjf64} long trade
06[11:20] * Threei slaps jfjf64 around a bit with a large roll of cash
[11:21] {Threei}  HAL S&P revises outlook to Negative, cites oil spill exposure (32.12, +0.26, 0.82%) (related CAM RIG BP SPN CLH )
[11:21] {jfjf64} 10:35 entered
[11:25] {jfjf64} seller still here
[11:25] {jfjf64}  303.00
[11:25] {magoo} cov lvds  here
[11:25] {jfjf64} looks intereting
[11:25] {magoo}  .06
[11:26] {magoo} [11:00] {magoo} lvs sh too
[11:26] {magoo} from .33
[11:26] {magoo} sh HAL off news .20
[11:27] {Les} well done. missed .10 short
[11:27] {Les} friking market boucing around like a pinball machine
[11:28] {Les} bounce time for IWM and Q's
[11:28] {khaln} .
[11:28] {jfjf64} bamm
[11:28] {jfjf64} busterd
[11:28] {jfjf64} 303.00
[11:30] {magoo} hal target .80 area
[11:31] {magoo} lvs sh loss 47
[11:31] {magoo} scalp is all
[11:36] {nemo} spy likely to test .78
[11:37] {magoo} cov lvs here .83
[11:37] {Threei}  nice jopb on shorts
[11:38] {magoo} id say ty but i put u on ignore LOL
[11:38] {Threei}  everyone except magoo whom I still have on ignore so I don't know how he did
[11:38] {Threei}  and you thought you'd outignore me? :)
[11:39] {magoo} :)
[11:51] {Les} lvs nice db
[11:52] {Threei}  HAL's even better
[11:52] {Threei}  higher low, easier to read
[11:55] {Threei}  58% Favor Repeal of Health Care Law
[11:55] {Threei}  quite astonishing
[11:56] {Threei}  normally unpopular laws rejection dies down as initial anger subcides
[11:56] {Threei}  in this case, it's getting hotter and hotter
[11:57] {Threei}  which means, people get unhappier with it as they see it in action
[11:57] {Les} let's see some action at the ballot box tomorrow to back up those poll numbers
[12:05] {ese} i'm signing off all...definitely not feeling all that great.....gonna try and get some more rest....hopefully catch you all tomorrow
[12:05] {Threei}  take care ese
[12:05] {ese} ya  cya vad
[12:06] {Les} u party animal u ese. caio
[12:06] {Les} ciao
[12:09] {_flautero} bye all have a niceday thanks for all!:)
[12:09] {Les} ciao flautero
[12:11] {Les} Vad HAL 2 way play?
[12:11] {Threei}  long I like
[12:12] {Threei}  short, not so much
[12:12] {Threei}  could work is market drops sharply of course
[12:12] {Threei}  but going of its own chart, long to me
[12:12] {Les} ok
[12:13] {Les} can't nail AVNR. might end up being long. maybe break here
[12:22] {Les} are mid-term elections tomorrow?
[12:23] {Threei}  hmmm
[12:23] {Threei}  11:57] {Les} let's see some action at the ballot box tomorrow
[12:23] {ronS} yep
[12:23] {Threei}  what did you mean if you didn't know?? :)
[12:23] {Les} goddamn it vad stop embarrassing my intelect
[12:23] {Les} what little I have
[12:23] {Threei}  sorry... I just enjoy it too much
[12:23] {nemo} Les....intellect
[12:23] {Les} belt up nemo
[12:24] {magoo} he gotcha there bud
[12:24] {nemo} learn to spell Les
[12:24] {nemo} or more akurately...spel
[12:24] {Les} didn't take time to put it thru spellcheck. so sue me
[12:24] {magoo} eating veggie burger with xtras bacon
[12:24] {magoo} delisc
[12:25] {davd} nemo, when you calc vwap - is it 15 periods...?
[12:25] {Threei}  what iz zis intelekt thing of which you all speak so fondly?
[12:25] {nemo} it's done automatically in
[12:25] {magoo} autiomatic intellect?
[12:26] {nemo} you can calculate it for more than one day as mvwap also
[12:26] {Les} thanks vad. I feel better now
[12:26] {Threei}  shoore
[12:28] {davd} thanks nemo
[12:29] {nemo} yw
[12:29] {Threei}  This morning Intel said it would make a variety of programmable chips with unusually high performance for a semiconductor start-up, Achronix Semiconductor Corp.
[12:29] {Threei}  - Such chips could help boost the capabilities of computer hardware in applications such as high-speed communications, image-processing and encryption.
[12:29] {Threei}  - Three firms that stand to potentially lose business from the arrangement include Align Technology, Xilinx and Lattice Semiconductor.
[12:30] {Les} aapl looking to break 304
[12:30] {Les} heading for hod
[12:31] {Threei}  mrket feels like bouncing to me
[12:32] {Les} hope so. long HAL .00
[12:34] {Les} me think drop
[12:35] {Threei}  not sure about such entry at the lunch time
[12:35] {Threei}  things generally do not break out like this
[12:35] {Les} accidentally bought in. sticking with the trade
[12:35] {Threei}  they tend to retreat to the bottom of the range
[12:35] {Threei}  bounce, touch break level, maybe penetrate it a bit
[12:35] {Threei}  then retreat again
[12:36] {Les} yeh. finger too close to the trigger
[12:36] {Threei}  so buying support with partialling or scalping into resistance is your lunch time strategy
[12:38] {Les} out
[12:38] {Les} will remember what you've said
[12:39] {Les} and what HAL just did to me
[12:52] {dino} msb
[12:55] {dino} msb sm l .70
[12:56] {nemo} DB spy?
[12:57] {Threei}  nah
[12:58] {davd} in msb .7 small
[13:01] {davd} stop on  itri dino?
[13:02] {dino} .65
[13:03] {dino} should've taken the quick .40 on it
[13:03] {dino} ppd
[13:04] {davd} ddi you get the quick .40 on it?
[13:04] {davd} did
[13:04] {dino} no, got greedy
[13:05] {davd} msb up
[13:07] {dino} slxp
[13:08] {dino} sm l .00
[13:09] {Threei}  (JP) Senior Russian Official Pulls Out Of Japan Business Conference - Nikkei News
[13:09] {davd} in slxp .00 small
[13:10] {Les} trying to sell the Russians a bridge to Vladivostok were they?
[13:10] {dino} stop is .64
[13:10] {Threei}  - A high-level Russian official has canceled a trip to Japan later this month in what may be the first sign of a chill in bilateral relations.
[13:10] {Threei}  - First Deputy Prime Minister Igor Shuvalov was scheduled to head a delegation of Russian business leaders to the fourth Japan-Russian Investment Forum in Tokyo on Nov. 12. Some of the executives who had been considering joining the delegation are now expected not to attend.
[13:12] {Threei}  (JP) China Finance Minister Xie Xuren to skip APEC meeting in Kyoto - Nikkei News
[13:12] {Threei}  what is it, snub Japan month?
[13:12] {Threei}  - According to sources close to the matter, the Chinese government has notified Japan's Ministry of Finance that it will be sending vice-minister-level personnel to the meeting to fill in for Xie.
[13:12] {Threei}  - No explanations have been given for the minister's planned absence, but some observers say it may be a sign of strained ties between the two countries.
[13:21] {Threei}  what am I to think of e-mail starting with this:
[13:21] {Threei}  Sir;
[13:21] {Threei}
[13:21] {Threei}  I am sorry if I am intruding into your privacy by contacting you since I do not know you physically.
[13:21] {Threei}  ummm... "thasnk god"?
[13:21] {Les} who is asking? male or female?
[13:22] {Threei}  I csn't tell... some nations have names impossible for me to classify by gender
[13:23] {Les} well it's not their fault is it
[13:23] {Les} you should be more conscientious of spammers
[13:23] {Threei}  no but I am still glad they don;'t know me "physically"
[13:23] {davd} move stop slxp?
[13:24] {nemo} probably .15
[13:24] {Les} well they don't know your bank account physically.... yet
[13:24] {Les} HAL read vad?
[13:25] {Threei}  downtrend seems to be uniterrupted, anf it doesn't go with market
[13:25] {Threei}  so, down
[13:28] {khaln} .
[13:29] {davd} out msb .9 +.2
[13:31] {davd} out itri stopped
[13:44] {davd} out slxp .65
[13:44] {davd} +.65
[13:49] {Threei}  wtg
[13:52] {davd} good lunchtime strategy threei.  played it well
[13:55] {dino} stopped slxp -.35
[13:55] {dino} out msb .35, +.65
[13:56] {dino} gj slxp davd
[13:56] {ronS} Obama will see a threat?  Chavez Says Golf Courses Should Be Seized, Put to Other Uses
[13:56] {davd} was you  really...
[13:57] {ronS} via Bloomberg
[13:57] {dino} lol chavez's ideas are doing so well...NOT
[13:58] {davd} i agree with that - could convert them shanty towns
[14:12] {jfjf64} 303.50  s  aapl
[14:12] {jfjf64} looks  real temptin
[14:12] {jfjf64} ??  3i
[14:13] {jfjf64} do i hv ya blessing
[14:13] {Threei}  no idea jf
[14:14] {davd} i wouldn't short apple.  done it and never made a buck.
[14:14] {jfjf64} made a buck  today
[14:14] {jfjf64} lol
[14:15] {Les} AVNR
[14:15] {davd} fair enough... :)
[14:16] {Threei}  you are too generous davd... wat's fair about jf making a buck and not sharing it with us?
[14:17] {jfjf64} no  so david  posted    10:35 today
[14:17] {davd} yep, 10:35
[14:17] {Les} s avnr .87 stop above .95
[14:17] {Les} qqqq
[14:17] {Les} sorry
[14:22] {dino} sm l insu .25 stop ;od
[14:38] {magoo} rimm sghort here .25
[14:38] {Threei}  think so
[14:39] {magoo} i meant im in
[14:39] {magoo} but good u agree
[14:39] {magoo} mkts rolling
[14:39] {Threei}  Don't feel too vindicated if I happen to agree with you today. Chances are we will disagree tomorrow
[14:40] {magoo} i like lvs sh, and aig too
[14:40] {magoo} not in
[14:42] {Threei}  RIMM is strangely risistant
[14:42] {Les} yes. am short .23
[14:42] {Les} so is AVNR
[14:42] {magoo} sh hal .55
[14:44] {magoo} mkt red
[14:44] {magoo} c'mon down
[14:45] {magoo} out rimm - .1o
[14:47] {ronS} jpm
[14:49] {ronS} sec investigating some sort of jpm deal
[14:49] {Threei}  JPM SEC investigating deal between JP Morgan and hedge fund Magnetar - Propublica
[14:50] {Threei}  - Report highlights an investigation into whether Magnetar was improperly allowed to select assets in a $1.1B subprime mortgage backed deal.
[14:50] {Threei}  - Deal known as "Squared", which was a CDO completed in 2007.
[14:50] {Threei}  - REMINDER: Goldman Sachs was sued and eventually settled for $550M over a similar deal hedge fund deal called 'Abacus' with Paulson & Co. earlier this year. At the time the SEC said it would continue to look into similar deals across Wall Street.
[14:50] {Les} jeez that's old news
[14:50] {Les} SEC finally heard about it did it?
[14:51] {ronS} O and Pelosi abd Reid need some cover for the shenanigans they will try to pull in the lame duck Congress Les
[14:52] {ronS} jpm suit would give a couple weeks...
[14:52] {Les} yeh... give the plebs bread and circuses.
[14:52] {ronS} ekaxly
[14:53] {Les} son of vad
[14:53] {ronS} eubonics
[14:53] {Threei}  not very well tsught the korrekt spelling, too... it's EQZAKTLY
[14:57] {davd} demademark pivot low is 118.280 on spy
[14:58] {davd} demark
[14:58] {Les} AVNR dead frikin duck
[14:58] {ronS} i miss de mark
[14:59] {Threei}  lol
[14:59] {Threei}  FTNT
[14:59] {Threei}  Fortinet Inc. Corrects news reports from earlier
[14:59] {Threei}  In a recent article, Bloomberg News cited sources incorrectly indicating that Fortinet is in acquisition discussions with IBM. Fortinet's policy is not to comment on rumors, and Fortinet declined to respond to rumors on this subject. Nevertheless, Fortinet believes that investors need to be aware of the error and today announced that it is focused on building a strong independent company and is not in acquisition discussions with IBM. Fortinet had requested that Bloomberg retract or correct the story.
[14:59] {Threei}  whoa
[15:00] {ronS} kaboom
[15:00] {davd} bye bye
[15:01] {jfjf64} pot  ready to blast off
[15:02] {jfjf64} imo
[15:03] {jfjf64} nope
[15:08] {ronS} gotta;)
[15:09] {Threei}  ouch
[15:09] {Les} take the pain
[15:09] {Les} cheers
[15:13] {jfjf64} bidu
[15:13] {jfjf64} .57  break
[15:14] {jfjf64} half out
[15:15] {jfjf64} out
[15:16] {jfjf64} sons football game  goota  run
[15:16] {jfjf64} later all
[15:16] {Les} ciao jf
[15:16] {Threei}  take care jf
[15:17] {jfjf64} ty 3i
[15:19] {Les} amen
[15:25] {Les} incredible strength AVNR.
[15:25] {Les} not my day. knew I shoulda quit after AIG
[15:25] {Les} c u's tomorrow
[15:25] {larisa} bye :)
[15:26] {Threei}  take care les
[15:31] {khaln} .
[15:32] {Threei}  (CH) China President Hu: China FX policy is conherent and responsible, govt plans to continue perfecting floating FX rate system to increase CNY flexibility (related USD/CNY EUR/CNY FXI )
[15:58] {Threei}  thank you all
[15:58] {Threei}  have a good evening, see you tomorrow
[15:58] {khaln} b y
[15:59] {larisa} bye all
[15:59] {khaln} bye