Monday, November 8, 2010

Nov 08 2010

Not my kind of day at all, disjointed and patternless. Realized it early after two stops and ceased activity to avoid digging the hole.

Session Time: Mon Nov 08 00:00:02 2010
[08:05] {_flautero} Good morning all :)
[08:05] {nemo} HELLO
[08:07] {_flautero} SOLR daily breakout
[08:11] {magoo} mornink comrades
[08:12] {nemo} did you get the pictures mags?
[08:13] {magoo} dunno, was away all weekend, where u send them
[08:14] {nemo} dcc mags
[08:19] {_flautero} SOLR premarket here if 9.98 stop 9.70
[08:22] {nemo} there goes solr
[08:23] {Threei}  SOLR To repurchase and retire 26.5M shares at $7.66/shr (approx 18% of shares outstanding); Raises FY11 EPS est to $1.08-1.18 v $0.90e
[08:23] {_flautero} 1:1 SOLR
[08:23] {Threei}  SWKS Raymond James Cuts SWKS to Outperform from Strong Buy, price target: $26
[08:23] {_flautero} i still have 1/4 of my position in SOLR
[08:24] {Threei}  good morning
[08:24] {_flautero} 10.10 ill sell all
[08:24] {_flautero} hi Threei how are u
[08:24] {Threei}  will these idiots ever stop pushing ans pulling the clock...
[08:25] {davd} hi all.  awfully light this morning
[08:26] {Threei}  15 years ago I didn't care - they moves a clock, I wouldn't even notice,
[08:26] {Threei}  now the clock moves abut I stay behind for weeks if not months
[08:26] {Threei}  my comnclusion - they started moving it farther
[08:27] {davd} hi threei - do you have anything written on internet speed, i.e. is my current setup good enough?
[08:28] {nemo} how fast is it davd?
[08:28] {Threei}  no davd
[08:28] {davd} its called cablevision optimum online.  claims to be 18mg per second down
[08:29] {Threei}  that's more than enough
[08:29] {davd} iif i were sitting at a goldman sachs trading desk, would i see the quotes earlier than i would sitting here using fidelity active trader pro?
[08:29] {nemo} you can check the speed in many places, just type in "Bandwith testing" in a browser, or search engine, and pick a site
[08:30] {nemo} probably
[08:30] {davd} thanks nemo. great
[08:30] {Threei}  well, your nottleneck is not so much your internet as fidelity
[08:30] {Threei}  it's not the fastest broker
[08:30] {nemo} also, if you are running a hardware router with a firewall, and windows firewall, shut off windows firewall
[08:31] {davd} whos the fasted broker that I (avg. Joe) can join? e.g. schwabb, etrade...?
[08:32] {nemo} LASER or LIGHTSPEED
[08:32] {Threei}  yikes
[08:32] {nemo} what
[08:32] {nemo} ?
[08:32] {Threei}  those you list are as bad or worse
[08:32] {nemo} not me?
[08:32] {Threei}  schwabb, etrade
[08:32] {Threei}  lol, no
[08:33] {davd} ok, will check out.
[08:33] {Threei}  davd, inquire at http://www.realitytrader.com/laser.html
[08:34] {Threei}  dcepending on your trading style they may or may not be able tyo help but what do you stand to lose
[08:34] {davd} ii
[08:36] {Threei}  dollar nice gap
[08:42] {davd} high of all of last week on uup was 22.32. current uup is 22.3 by 22.31
[08:43] {magoo} vad, what symbol?
[08:43] {magoo} [08:35] {&Threei}  dollar nice gap
[08:43] {Threei}  it starts shaping up as I expected - major rally for a buck
[08:43] {Threei}  UUP mags
[08:44] {magoo} ok, had that
[08:44] {magoo} can that move like gld?
[08:44] {magoo} like oints
[08:44] {magoo} pints
[08:45] {magoo} SIGH
[08:45] {magoo} points
[08:48] {Threei}  no
[08:48] {jfjf64} mornin
[08:48] {Threei}  hey jf
[08:49] {jfjf64} hey hey
[08:50] {jfjf64} why ya  talkin bad  bout  schwab
[08:50] {jfjf64} my boy  charli
[08:50] {jfjf64} lol
[08:50] {Threei}  sorry
[08:50] {Threei}  very sorry
[08:51] {jfjf64} for real  thinkin  coming over to  laser
[08:52] {jfjf64} question do  you  hv  to  hv  25 in acct  to  trade    laser
[08:52] {nemo} depends on what kind of account you open jf...retail, or not retail ;)
[08:53] {jfjf64} follow  talk  later  ty
[08:54] {Threei}  not necessary jf
[08:54] {davd} msft weak because balmer sold 12% of his stake.
[08:55] {jfjf64} ok   we wont  talk  later
[08:55] {Threei}  rofl
[08:56] {Les} morning. we in time sync again are we...
[08:57] {magoo} news ASH boss?
[08:59] {Threei}  hey Les
[09:00] {Les} vad :)
[09:00] {Threei}  not that I see mags
[09:03] {Threei}  (IR) EU's Juncker: Ireland can avoid emergency funding if it meets budget goals
[09:07] {Threei}  (EU) Preview: Dealers awaiting the most recent settlements on the ECB Gov't Bond purchases
[09:07] {Threei}  - The amount of settlements will be provided when the ECB calls for bids in its main refi operation around 9:30am ET (14:30 GMT)
[09:07] {Threei}  **Reminder: On Nov 4th President Trichet did confirm the
[09:07] {Threei}  ECB had recently restarted purchases of sovereign bonds.
[09:07] {Threei}  - After nearly three weeks of staying on the sidelines there were multiple reports indicating the ECB stepped in to buy mostly Irish 2- and 5-year bonds as well as small amounts of Greek and Portuguese paper.
[09:11] {Threei}  larisa :)
[09:11] {larisa} gm :)
[09:12] {Threei}  that was preemptive stri... umm, greeting
[09:16] {Threei}  hmmm
[09:16] {Threei}  GASS Signs charter arrangements for three vessels
[09:16] {Threei}  text is even better:
[09:17] {Threei}  StealthGas Inc Signs charter arrangements for three vessels
[09:17] {Threei}  - Commencing in early November 2010, the Gas Moxie will commence a series of fixtures covering the period up to the 1st week December 2010.
[09:17] {Threei}  - Commencing November 2010, the Gas Evoluzione will commence a nine month time charter to a state owned natural gas company. The charterer has an option, to be declared in April 2011, to extend the charter for further three months duration.
[09:17] {Threei}  - Commencing June 2011, the Gas Sincerity will commence three year bare boat charter to an international gas operator.
[09:17] {Threei}  the Gas Sincerity...
[09:18] {RonS} howdy doody all :)
[09:19] {Threei}  ron :)
[09:20] {khaln} g morning
[09:20] {Threei}  khaln :)
[09:23] {ese} morning
[09:23] {Threei}  ese :)
[09:24] {Threei}  opening volatility gamblers, look at SOLR as possible spike candidate
[09:24] {Threei}  I for one prefer to wait for pullback
[09:28] {Les} pullback in a stock or in the indexes vad?
[09:29] {Threei}  keeping LVS on radar with short idea in mind
[09:29] {Threei}  stock
[09:29] {nemo} aig had energy of late, running up againzt premarket resistance, bull flag on 5 minute
[09:29] {jfjf64} ditto
[09:31] {magoo} lvs pummeled
[09:32] {Les} .53 lvs pivot support
[09:32] {Les} solr pullback
[09:33] {Threei}  *ECB HAD BOT 711M IN SETTLEMENTS FOR ITS GOV'T BOND PURCHASES; TO DRAIN  IN NEXT 7-DAY TERM DEPOSITY TENDER
[09:34] {Les} dt jdsu?
[09:34] {Threei} Long Setup:  SOLR  .65 break
[09:34] {Threei}  if holding .50
[09:35] {Threei}  let's modify to .60 break
[09:36] {magoo} in
[09:36] {_flautero} in
[09:37] {Threei}  should be good for 1:2 at least if works
[09:37] {Threei}  nope
[09:37] {_flautero} stop
[09:39] {dino} gm all
[09:39] {Threei}  dino :)
[09:41] {Threei}  ALTH Ticks higher on takeover chatter
[09:43] {nemo} dino fsys coming into support
[09:43] {Threei} Short Setup: RIMM  .60 break half lot
[09:45] {magoo} in
[09:46] {magoo} jesus out
[09:46] {Threei}  no go
[09:46] {dino} thx nemo
[09:46] {Threei}  rinse?
[09:47] {magoo} dunno, mkt was headed down, it up
[09:47] {Threei}  yeah
[09:47] {Threei}  still does
[09:47] {Threei}  not a rinse
[09:48] {Threei}  very rare that RIMM was moving against the market
[09:50] {jfjf64} rig
[09:50] {jfjf64} wow
[09:55] {Threei}  DNDN Hearing DB makes positive comments, reiterates Buy rating (timing uncertain) (33.97, -1.10, -3.14%)
[09:55] {jfjf64} mips  bounce  ??
[09:56] {Threei}  GLD crash
[09:57] {ese} wcrx dino.....beats but soft on rev's   2 beans and a bit dn
[09:57] {Threei}  no MIPS
[09:58] {Threei}  looks lower to me
[09:58] {jfjf64} ty
[09:58] {Threei}  if loses .25, much lower
[09:59] {magoo} u got a short call on it
[09:59] {Threei}  no
[10:00] {Threei}  discretionary one
[10:01] {Threei}  better now
[10:01] {Threei} Short Setup: MIPS  .25 break
[10:01] {Threei}  if stays under .35
[10:02] {jfjf64} why  better  now
[10:03] {ese} anyone got a short report on WCRX
[10:03] {jfjf64} longer  consolidation
[10:03] {Threei}  right
[10:03] {Threei}  invalidated
[10:03] {jfjf64} dogs  with  fleas
[10:04] {RonS} wcrx 5.1 mil sh short
[10:04] {Threei}  LVS watching for bounce
[10:06] {Threei}  jumped with no setup
[10:06] {ese} tks ron.....how many days to cover
[10:07] {nemo} in ups .36
[10:07] {jfjf64} caught  it
[10:07] {jfjf64} yahoo
[10:07] {jfjf64} ty
[10:07] {Threei}  :)
[10:07] {jfjf64} in.85
[10:07] {jfjf64} out  51.10
[10:07] {Threei}  wtg
[10:07] {jfjf64} yeah
[10:07] {jfjf64} jf  happy
[10:07] {RonS} 1.4 but measure is off today's vol ese
[10:08] {ese} tks
[10:08] {jfjf64} grrrrrrrrrrrrrrrrrrrrr
[10:11] {Threei} Long Setup:  RIMM  .85
[10:12] {Threei}  if stays above .80
[10:12] {Threei}  invalidated
[10:13] {davd} uup above last weeks high
[10:13] {Threei}  yuo
[10:13] {Threei}  my owrld is good again
[10:13] {Les} ?
[10:13] {Les} translation please
[10:13] {Les} :P
[10:13] {Threei}  didn't I forecast dollar rally?
[10:14] {Les} yes but when I go looking at YUO I have to ask wtf
[10:14] {davd} when uup breaks .7 it is a rally
[10:15] {Les} just having a dig vad :)
[10:18] {ese} L crus .82
[10:22] {RonS} pomo underway...unusually run came 10 minutes before start...the same could be for a selloff...10:50 ish
[10:23] {Threei}  a ,lot of strange disconnects today
[10:23] {Threei}  market drops, LVS spikes
[10:23] {Threei}  RIMM is out of tune too
[10:23] {Threei}  so is CAT
[10:24] {RonS} sohu monster +4.76
[10:25] {RonS} sohu +5.07
[10:26] {RonS} sohu +5.44
[10:27] {ese} not to mention my quotes have been cut off.......
[10:27] {Threei}  ouch
[10:27] {ese} hell crus anyone?
[10:27] {Threei}  13.86
[10:27] {ese} tks
[10:28] {Threei}  .87
[10:28] {_flautero} wow SOHU
[10:28] {ese} tks vad
[10:29] {ese} ahhhhh back
[10:29] {ese} just in time not to make any money
[10:30] {magoo} u see a short in sohu boss?
[10:31] {Les} god no
[10:31] {larisa} lol
[10:31] {Threei}  looking at its speread, I don't want to say a single word about it
[10:31] {_flautero} lol
[10:31] {Threei}  you'll get killed on simple tick
[10:32] {magoo} rimm short setuop?
[10:33] {Threei}  not rea;;y
[10:34] {RonS} new c5de
[10:34] {dino} magoo dcc
[10:34] {RonS} code
[10:36] {Threei}  something is very off about market today
[10:36] {Threei}  can't quite put a finger on it
[10:36] {nemo} monday
[10:37] {davd} the fact that it is in the read is strange
[10:37] {davd} red
[10:37] {Les} I often see market like this after strong performance day like Thu/Fri
[10:37] {Les} not only consolidating
[10:37] {Les} but throwing traders off
[10:38] {Les} in the process
[10:38] {Threei}  davd, IMO:
[10:38] {Threei}  this red is an initial reaction on dollar strength
[10:39] {Threei}  as dollar continues rallying, market will at some point abandon its inverse realtion to a buck and start rallying with it
[10:39] {Les} look how well 'buy the bounce' functioned on Fri
[10:39] {davd} i agree, if you see the dollar drop a little after the european markets close, us mkts could bounce
[10:39] {Threei}  (US) SEC's Schapiro: SEC is in the middle of planning changes to drive more market stability (related XLF )
[10:39] {Les} why do you see that vad?
[10:39] {Threei}  then of course there isd always SEC to mess things up
[10:39] {Les} as a trick
[10:40] {Threei}  not a trick
[10:40] {Threei}  just market changing its ways
[10:40] {Les} or as a source of "security"
[10:40] {Threei}  sorry, lost me
[10:40] {Les} traders seeking the $ and equities
[10:41] {Threei}  I am not looking at macroeconomics here
[10:41] {Threei}  rather at the normal market mechanism
[10:41] {Les} ah ok
[10:41] {Threei}  everyone knew QE2 weas coming
[10:42] {ese} thats a great boat....would like to sail on it one day
[10:42] {Threei}  to expect a dollar to crash after it was announced would be to ignore the very mechanism that warrants market functioning, namely - discountng the future
[10:42] {davd} you are sailing on it.
[10:42] {ese} lol
[10:43] {Threei}  lol
[10:43] {RonS} sohu +5.66
[10:45] {jfjf64} lvs
[10:45] {jfjf64} gettin  going
[10:48] {Les} news APC vad?
[10:49] {Threei}  from Nov 4
[10:49] {Threei}  APC According to UBS, Anadarko or Australia's Woodside Petroleum may become BHP acquisition targets (65.96, +2.32, 3.65%) (related WPL.AU BHP.AU )
[10:52] {Threei}  (US) SEC's Schapiro: SEC is in the middle of planning changes to drive more market stability, laying out a 'road map' of market structural reforms
[10:52] {Threei}  - Must deal with algorithms that go wild in the US marketplace.
[10:59] {davd} good call rons
[10:59] {davd} re 10:50is
[11:00] {RonS} been the pattern dave...it works until it doesn't...seemed to make sense w/ $ strength
[11:01] {davd} also financial are the weakest sector today, they have been stronger for the past 3 sessions
[11:01] {Threei}  wow LVS
[11:01] {_flautero} lvs
[11:01] {jfjf64} im  sick
[11:02] {jfjf64} was  watchin  .35  break
[11:02] {jfjf64} short
[11:03] {davd} spy lod
[11:03] {Threei}  told you something was really off with market today
[11:03] {Les} sohu
[11:03] {Les} might be getting ready for you mags
[11:03] {Threei}  felt like something was coming
[11:03] {ese} crus stopped .65 -22
[11:04] {nemo} $ continues to strengthen
[11:04] {Threei}  NY Fed: Purchased $6.26B in outright coupon purchase; dealers submitted $27.4B for consideration (bid to cover )
[11:04] {Threei}  - Heaviest purchase $ in the maturity
[11:04] {Threei}  wacthing GLD for short
[11:05] {Threei}  amazingly, look how RIMM is holding
[11:07] {RonS} big buyers in across the board in the futures
[11:07] {ese} and climbing
[11:08] {_flautero} sohu in 100 shares short
[11:08] {_flautero} .73
[11:08] {_flautero} .89 stop
[11:09] {Threei} Long Setup:  RIMM  .10
[11:09] {Threei}  if stays above .95
[11:10] {Threei}  invalidated
[11:10] {Threei}  there should be a long in it but hard to nail the entrey
[11:13] {Threei}  maybe 56 break
[11:13] {Threei}  wityh stop under .90
[11:13] {RonS} Fed buys $6.26 billion in 2016-2020 Treasurys       11/08 09:12 AM
[11:13] {Threei}  and target about 1:2 - 1:3
[11:14] {Threei}  11:04] {Threei} NY Fed: Purchased $6.26B in outright coupon purchase; dealers submitted $27.4B for consideration (bid to cover )
[11:14] {Threei}  [11:04] {Threei} - Heaviest purchase $ in the maturity
[11:14] {Threei}  - Heaviest purchase $1.65B in the 11/15/17 maturity
[11:14] {Threei}  - Avg bid to cover over prior four auctions is: 10.4
[11:16] {Les} are banks sensitive to $ change?
[11:17] {RonS} de[ends who is giving and receiving...
[11:17] {Les} FAS hot, then cold
[11:17] {Les} I'm gonna ignore that one Ron
[11:18] {RonS} hey, jus admiring that crazy _flautero...he is winning on a sohu short
[11:18] {_flautero} 1:1 sohu
[11:18] {_flautero} :)
[11:18] {_flautero} .32
[11:18] {Les} there she goes. nice one
[11:19] {Les} hmm could come down fast if market reverses again
[11:19] {RonS} es un loco columbianero
[11:19] {_flautero} lol
[11:21] {_flautero} 1:2 sohu
[11:25] {_flautero} 1:4 sohu
[11:25] {Les} there it is. I was foolish enough to short at 10:23 when 79 was acting as support
[11:25] {Les} 10:30 or around there
[11:26] {_flautero} :)
[11:27] {Les} testing out with 100 shares earlier. but its clear that once the momo behaviour drops off, even a beast like SOHU reads correctly.
[11:27] {Les} but I didn't short it, so credit to fl
[11:29] {_flautero} SODA is running fast
[11:30] {Threei}  add vinegar to it, should stop
[11:30] {_flautero} lol
[11:30] {_flautero} hehehehe
[11:30] {larisa} you do not cook, obviously :) it will explode then
[11:30] {Threei}  explode??
[11:31] {Threei}  mine just fizzles, bubbles and dies
[11:31] {Les} baking soda
[11:31] {larisa} go to the kitchen and mix soda and vinegar :)
[11:31] {Les} not soda
[11:31] {_flautero} HGSI could die
[11:32] {Threei}  larisa, you probably should stop adding crumbs of dynamite to your dishes
[11:32] {larisa} ok :)
[11:33] {Threei}  I understand it adds an element of intrigue
[11:33] {Threei}  and provides fun games at giessing who of guests makes it home
[11:33] {RonS} is soda a 4 day old ipo?
[11:33] {Threei}  yeah
[11:34] {Threei}  November 03, 2010 11:55:12
[11:34] {Threei}  SodaStream International IPO opens for trade at $24.75
[11:34] {Threei}  - priced 5.4M shares at $20
[11:34] {Threei}  (US) Tresury $29B 3-month bills draw 0.125%, BTC 4.69 ; $28B 6-month bills draw 0.160%, BTC 4.62
[11:36] {_flautero} no rons SODA is just for kidding, its insane, big spread, low volume, not tradeable
[11:37] {nemo} dino stock
[11:37] {Les} dino, nothing that meets your criteria today?
[11:39] {dino} real estate issues sidetracking me. after 12:00 i should be ready
[11:40] {Les} ok was tempted on early HOG entry but prefer to follow
[11:40] {Les} your entries
[11:41] {ese} L crus .72
[11:45] {_flautero} hgsi .65 stop .58
[11:51] {_flautero} 1:1 HGSI
[11:53] {_flautero} out all shares hgsi here
[11:54] {Threei}  wtg
[11:55] {Threei}  good to see folks finding plays on a day when I can't trade 25 cents for a phone call
[12:01] {Les} SODA not in short list
[12:01] {Les} starting to lose its fizz
[12:02] {nemo} watch fcx for consolidatin ahd break of .50
[12:16] {nemo} usp .40 break?
[12:16] {nemo} stop a little big
[12:16] {nemo} ups
[12:23] {Threei}  wow
[12:23] {Threei}  what the
[12:24] {Les} lunchtime ninja attack
[12:24] {Les} $ getting canned
[12:25] {Les} wow slv on a tear
[12:26] {RonS} shou +6.66
[12:26] {RonS} sohu
[12:30] {dino} wtfg
[12:30] {Les} hehehe
[12:30] {_flautero} lol}
[12:30] {Les} he wishes
[12:31] {RonS} the stock dino not me
[12:32] {_flautero} SOHU looks building a head and shoulders ¿?
[12:32] {nemo} got rinsed on lvs
[12:35] {Les} out UPS flat. wish I'd used more shares. thanks anyway nemo. crazy mofo market
[12:35] {Les} any news HOG vad?
[12:36] {Threei}  nthing fresh
[12:36] {Threei}  nothing
[12:36] {Les} ok ty and PCP?
[12:37] {Threei}  nope
[12:38] {dino} mktx pop and drop
[12:39] {dino} stmp, wcrx
[12:40] {Threei}  US Dept of Homeland Security confirms additional cargo screening procedures, including the ban of certain toner cartridges
[12:40] {Threei}  - Specifically, the ban on air cargo from Yemen will continue and has been extended to all air cargo from Somalia as well. In addition, no high risk cargo will be allowed on passenger aircraft. Toner and ink cartridges over 16 ounces will be prohibited on passenger aircraft in both carry-on bags and checked bags on domestic and international flights in-bound to the United States.
[12:41] {Threei}  they have got to be kidding
[12:41] {Les} always one step behind
[12:42] {Threei}  someone tries to get liquid explosive on board, they put limits on personal toiletry. Another tries to use ink cartridge as masquerade, they ban those. How long before we run out of things to transport?
[12:44] {Les} will suit airline industry just fine i think
[12:44] {Threei}  when we ban everything, they may just as well ground all the planes
[12:45] {Les} that would be anti-business vad
[12:45] {Les} make life difficult for passengers yes
[12:46] {Les} but leave planes on tarmac doesn't have nice business ringtone
[12:47] {Les} but effectively same thing. I hate flying now
[12:47] {Les} and I loved flying so much I went and did a pilots licence
[12:49] {Les} army ID got me many a cockpit flight around Australia
[12:49] {Les} those were the days
[12:49] {dino} cool
[12:50] {larisa} singapore airlines stuardesses are so cute. like porcelain dolls in beautiful dresses :)
[12:50] {dino} was having lot of errors on news computer last week. changed keyboards, all is well again (need to stop throwing them)
[12:50] {Les} :)
[12:51] {Threei}  Bush says he had introduced then-Russian President Putin to his Scottish terrier, Barney, on a visit to the U.S. presidential retreat, Camp David.
[12:51] {Threei}  Putin returned the favor when Bush visited Russia and Putin was giving him a tour of the grounds of his dacha.
[12:51] {Threei}  "A big black Labrador came charging across the lawn. With a twinkle in his eye, Vladimir said, 'Bigger, stronger, faster than Barney,'" Bush writes. A copy of the book was obtained by Reuters.
[12:51] {Threei}  Bush says he later told the story to the Canadian prime minister, Stephen Harper, who replied: "You're lucky he only showed you his dog."
[12:51] {Les} lol
[12:51] {RonS} lol
[12:51] {Les} rofl
[12:51] {Threei}  I am proud of our prime minister
[12:54] {dino} skx
[12:56] {Les} SODA went flat. strange
[12:56] {RonS} pulp mover lpx
[12:57] {dino} lol literally
[12:57] {_flautero} soda too much vinegar
[12:58] {_flautero} :D
[12:59] {Les} http://www.nationalreview.com/corner/252715/palin-bernanke-cease-and-desist-robert-costa#
[13:00] {Les} Palin playin hardball
[13:01] {Les} s skx .29 small
[13:01] {dino} buyout rumors
[13:02] {Threei}  *(US) TREASURY'S $32B 3-YEAR NOTE AUCTION DRAWS 0.575%; BID-TO-COVER RATIO: 3.26 V 2.95 PRIOR AND 3.12 AVG OVER THE LAST 10 AUCTIONS
[13:03] {Threei}  Indirect bidders take 35% of competitive bids;
[13:03] {Threei}  direct bidders take 13.9% of competitive bids, dealers take 51.1%.
[13:03] {Threei}  - 40.86% allotted at high.
[13:03] {Threei}  - Median 0.548%; Low 0.470%.
[13:03] {RonS} ...the more I see Palin the more I think she is a rube...and i don't mean Goldberg
[13:03] {dino} rube?
[13:03] {Les} yeh looking that one up
[13:04] {Les} ok
[13:04] {Les} that's polite
[13:04] {RonS} http://www.bing.com/Dictionary/search?q=define+rube&FORM=DTPDIA&qpvt=rube+definition
[13:05] {dino} ok
[13:05] {Threei}  I am scared of the thought she is going to run
[13:05] {Threei}  that will give obama second term, imo
[13:05] {dino} unelectable imo
[13:05] {Threei}  right
[13:06] {RonS} example: commercial for a TV show she is doing...shows her in the AK outback:  "I'm just out here be'un free, hyuk"
[13:06] {dino} cem
[13:06] {Threei}  she can be fantastic kingmaker
[13:07] {Les} out skx flat
[13:07] {Threei}  disaster as a candidate
[13:09] {Threei} Long Setup:  AIG  .65 break
[13:09] {Threei}  if stays above .55
[13:11] {Threei}  invalidated
[13:13] {_flautero} AIG looks a descending triangule nop?
[13:13] {Threei}  more or less but not worth the play, IMO
[13:14] {Les} gld read vad?
[13:14] {Les} 2 way play?
[13:15] {Threei}  it did nothing but go up so far
[13:15] {Les} bouncing up on MA support since 1pm. could give way to profit taking
[13:18] {_flautero} WCRX .50
[13:18] {_flautero} STOP .60
[13:19] {Les} dino dcc
[13:21] {_flautero} wcrx in
[13:22] {Threei}  MNTA Announces Nature Biotechnology Publication Demonstrating CHO Cells Can Produce Galactose-Alpha-1,3-Galactose Antigens on proteins (16.16, -0.19, -1.16%)
[13:23] {RonS} wow...Les what does it mean?
[13:23] {RonS} :)
[13:24] {Les} doesn't mean squat. MNTA barely moved
[13:24] {Les} :)
[13:24] {RonS} lol
[13:24] {RonS} too funny
[13:24] {Threei}  and very true
[13:24] {Les} show me the money
[13:25] {Threei}  USEG Reports Q3 R$6.4M v $1.4M y/y (5.84, +0.14, 2.46%)
[13:25] {Threei}  Q3 -$0.01 v -$0.09 y/y
[13:25] {Les} s gld .23 stop above .40 small
[13:27] {Les} out flat. gotta find a boy
[13:27] {dino} les, ok
[13:27] {Les} my boy
[13:27] {Les} not any boy
[13:27] {Les} :)
[13:27] {Threei}  rofl
[13:28] {Threei}  thanks for clarification
[13:29] {Les} crap there goes gld
[13:30] {dino} slow day, huh?
[13:30] {dino} scanners barely moving
[13:33] {jfjf64} break dn  abx   imo
[13:33] {Threei}  slow and messy
[13:33] {Threei}  patterns are not clear, follow through is practically absent
[13:33] {_flautero} 1:1 WCRX
[13:33] {Threei}  WCRX wortks though
[13:35] {_flautero} :)
[13:39] {Threei}  (GE) German Fin Min Schaeuble: Germany will have support when it resists trade balance targeting at the G20 meeting
[13:39] {Threei}  - Reminder: There have been many calls for 'surplus' countries to pull back to help solve imbalances
[13:40] {Threei}  this whole thing is edging toward full blown trade/currency wars
[13:40] {Threei}  and what really scares me is: actual wars are normally not too far behind
[13:40] {Les} won't happen
[13:41] {Les} European population too old for war :)
[13:41] {Les} I've got a nice beer gut and I ain't losing it no one
[13:41] {kowboy} wcrx stop .31 thanks _flautero
[13:41] {Threei}  nice one
[13:41] {dino} rld sm s .99
[13:41] {dino} bstop is .32
[13:42] {_flautero} wow kow
[13:42] {_flautero} covered at .31?
[13:42] {_flautero} excelente
[13:42] {kowboy} yes ty
[13:44] {davd} headollar gaining some ground but not at highs
[13:46] {_flautero} qcom .70
[13:46] {_flautero} stop .65
[13:46] {_flautero} late
[13:48] {_flautero} 1:1 qcom
[13:48] {_flautero} 1:2
[13:51] {Threei}  (US) Fed's Fisher: US is currently in a liquidity trap; underlying inflation trend is steady
[13:51] {Threei}  seriously?
[13:51] {Threei}  weren';t we told repeatedly we are not japan, no liquidity trap threat?
[13:52] {Threei}  clueless imbeciles...
[13:52] {Threei}  - QE has been weakening the USD; financial speculation and excess is again emerging
[13:52] {Threei}  - Notes that additional QE serves to transfer income from the poor to the rich; concerned asset purchases could become a 'new normal'
[13:52] {Threei}  - Comments that over the coming 8 months (the end of QE2 program) the Fed will be 'monetizing debt'
[13:52] {Threei}  - Fed's recent decision on easing steps were a 'leap of faith' that the fiscal authorities would act on the budget, new Congress must act quickly to tighten fiscal policy
[13:52] {Threei}  - Reminder: On Friday the Fed's Hoenig accused the Fed's actions as monetizing the debt
[13:54] {dino} cov rld .11, +.88
[13:54] {Threei}  (US) FDIC's Bair: Would like to see securitization come back
[13:54] {_flautero} nice dino
[13:54] {dino} ty
[13:54] {dino} apc, rkt
[13:55] {dino} lool cov. too soon
[13:55] {dino} lool=lol
[14:00] {Threei}  do we wtiness serious dissent in Fed ranks?
[14:01] {Threei}  to me, this Fisher's statement is nothing short of astonishing
[14:06] {dino} sm l rkt .70, stop .45
[14:09] {_flautero} for me RTK .80 stop .55 dino i think
[14:09] {nemo} you shorting flauty?
[14:10] {_flautero} no i think rtk long
[14:10] {nemo} ahhh
[14:10] {nemo} wcrx offer .38
[14:12] {_flautero} are u shorting wcrx nemo?
[14:13] {nemo} I didn't, probably should have when it didn't get near the offer
[14:13] {_flautero} yep, i think is extended now
[14:13] {dino} apc sm l .16
[14:16] {dino} stop is .79
[14:23] {dino} thing is stuck flaut
[14:25] {davd} in apc .18 small
[14:33] {dino} hmmm apc had trouble around .50
[14:33] {dino} breakb takes it to .70s imo
[14:33] {magoo} mkt stopped it imo
[14:34] {magoo} unless its in own world
[14:35] {dino} in my own world it seems
[14:39] {dino} rkt to .49 slug
[14:39] {_flautero} good bye, have a nice day all :)
[14:39] {nemo} c u
[14:40] {dino} ugh rld, another dollr drop
[14:40] {Threei}  take care flautero
[14:40] {dino} cya flt
[14:40] {dino} apc to b/e
[14:42] {kowboy} bucy
[14:43] {Threei}  RKT looks ready to me
[14:44] {Les} whats yer APC entry dino?
[14:44] {nemo} .15
[14:44] {Les} ty
[14:44] {nemo} bucy probably going to .47 or so
[14:44] {davd} im at .18 on apc
[14:45] {davd} my stop is at .09
[14:45] {magoo} nice bucy nemo
[14:47] {Les} Uncle Buck has its supporters today
[14:47] {Les} some support today
[14:49] {dino} stopped flat, stupid trade, got greedy, had .30 on it
[14:49] {dino} apc
[14:49] {davd} stopped apc
[14:49] {dino} .75 area re-try
[14:50] {Les} was following it earlier. would have enjoyed trading it with you then
[14:51] {kowboy} bucy, out 2 soon {{ my new nickname
[14:52] {nemo} where'd you enter kowboy?
[14:52] {Les} kowboy pulled out too soon. I ain't ever gonna let you live that one down :)
[14:52] {kowboy} .52
[14:52] {dino} lol
[14:52] {nemo} nice
[14:53] {nemo} oh jeez...Les, you ain't off the bottom yet...
[14:53] {Les} nice entry though yeh
[14:57] {Threei}  WCRX is still sliding
[15:00] {dino} beat and raised but sales light
[15:01] {Les} borrowed WCRX for .09 ty vad
[15:02] {Les} might be the bottom around here
[15:02] {dino} ugh apc
[15:02] {Les} judging by volume?
[15:03] {nemo} it hit support on the daily
[15:05] {dino} wcrx sm l .00 stop .73
[15:12] {davd} in wcrx .96 small
[15:13] {dino} negative pomo day
[15:14] {Les} can't make it too easy for the punters
[15:17] {Les} aapl looks ready to drop
[15:18] {Threei}  (EU) EU's Rehn: market confidence will improve once Ireland publishes 4-year fiscal plan; Irish fiscal adjustments will take time
[15:18] {Threei}  - Confirms Ireland has not requested EU financial backstop.
[15:18] {Threei}  - REMINDER: Over the weekend an Economist Intelligence Unit analyst said Ireland is heading toward default, and predicted Ireland will have to tap the eurozone support program (ESF) in June 2011.
[15:19] {Les} out wcrx flat
[15:22] {magoo} LVS long vad?
[15:22] {Threei}  probably, but not after such spike
[15:23] {Threei}  pullback to about .70 - .80, yes, I'd be interested
[15:25] {magoo} might get it
[15:29] {Les} c u's tomorrow
[15:32] {dino} cya les
[15:32] {nemo} amybody got a trade to force?
[15:32] {jfjf64} mgm  .97 break
[15:33] {magoo} lvs 53 break
[15:34] {nemo} yeah, saw that, though I wouldn't take any breaks, closer to support perhaps
[15:37] {dino} back in ten
[15:48] {dino} .
[15:49] {Threei}  it was just 9
[15:49] {Threei}  ABK Ticks lower on chatter it could soon file for bankruptcy
[15:49] {larisa} 47-36=11
[15:49] {davd} wcrx is doing ok
[15:50] {Threei}  oh
[15:50] {Threei}  true larisa
[15:50] {Threei}  REMINDER: on Nov 1, Ambac stated if the Company is unable to reach agreement on a prepackaged bankruptcy in the near term, it intends to file for bankruptcy under Chapter 11 of the United States Bankruptcy Code prior to the end of the year. Such filing may be with or without agreement with major creditor groups concerning a plan of reorganization. The filing for bankruptcy protection would accelerate the maturity of all of the Companys indebtedness.
[15:54] {davd} in wcrx dino?
[15:54] {dino} y
[15:54] {davd} les wanted to go home so he sold flat
[15:55] {dino} stop to .25
[15:55] {dino} to .30
[15:55] {dino} to .40
[15:55] {dino} out +.49
[15:55] {dino} .40 i ,ean
[15:55] {dino} mean, sheesh
[15:56] {dino} bummer for les, worked well
[15:56] {dino} out rkt -.02 at .68
[15:57] {Threei}  USD finishes near the high
[16:01] {Threei}  a day that has no place in calendar
[16:01] {Threei}  oh well, will get them tomorrow
[16:01] {Threei}  have a good evening, see you tomorrow
[16:02] {Threei}  VVUS Reports Q3 -$0.22 v -$0.27e, Rev is nil
[16:02] {larisa} bye :)