Monday, December 27, 2010

Dec 27 2010

Somewhat sleepy but fairly nice day, with main hero being old buddy, AIG.

Session Time: Mon Dec 27 00:00:00 2010
[08:24] {jfjf64} mornin
[08:25] {Threei}  morning jf
[08:25] {jfjf64} sssssss   still sleepi
[08:25] {jfjf64} hey 3i
[08:25] {jfjf64} hit  with  blizzard
[08:26] {Threei}  yikes
[08:46] {RonS} gm everyone...57 and clear in Denver yesterday
[08:46] {Threei}  morning Ron
[08:47] {Threei}  seeing all these reports from all over Europe and USA, I once again get convinced I am in umm, as close to paradise as it comes
[09:09] {davd} nailed in LI the most, by the big bliz
[09:09] {Threei}  LI?
[09:10] {jfjf64} long island
[09:11] {Threei}  oh
[09:11] {jfjf64} lol
[09:11] {harth} Good Morning All!
[09:11] {RonS} ho ho harth
[09:11] {Threei}  harth :)
[09:12] {Threei}  take a look at this:
[09:12] {Threei}  NYSE evaluating current weather conditions but anticipates regularly scheduled opening times, Nasdaq anticipates normal hours- Follow Up: Nymex and Comex may open on a delayed basis
[09:12] {Threei}  could be a funny day in the market
[09:13] {Threei}  Brooklyn 17"
[09:14] {Threei}  Central Park 13.5
[09:14] {jfjf64} jf cant wait  to  shovel out
[09:14] {jfjf64} N
[09:14] {jfjf64} O
[09:15] {jfjf64} T
[09:15] {Threei}  brrrr
[09:15] {Threei}  so happy my shoveling days are over
[09:15] {Threei}  remember them with shudder
[09:16] {jfjf64} ??  NO snow  canada
[09:16] {Threei}  not in my neck of the woods
[09:16] {jfjf64} thats wonderful
[09:16] {Threei}  the rest of Canada, well... that's why I moved out of "the rest of Canada" {GGG}
[09:18] {ese} good morning
[09:19] {Threei}  ese :)
[09:19] {RonS} ...sooo...what the heck is "Boxer's Day"?
[09:19] {Threei}  Boxing?
[09:20] {ese} rprx
[09:21] {davd} ita when the servants downstairs get to sit upstairs and be served by their employers
[09:21] {dino} gm all
[09:21] {larisa} gm :)
[09:21] {ese} dino
[09:21] {ese} laris
[09:21] {Threei}  dino, larisa :)
[09:21] {RonS} Repros submits more testosterone drug data, shrs soar       12/23 11:21 AM
[09:21] {larisa} dino, ese, vad :)
[09:21] {ese} more testosterone anyone?
[09:22] {Threei}  lol
[09:22] {davd} yum
[09:22] {RonS} ...must be in celebration of Boxer's Day...rprx
[09:22] {Threei}  NYSE Euronext Initiates rule 48 for NYSE and AMEX cash markets- Note: The rule waives the requirement for market makers to send indications pre-open. Rule is invoked on occassions when there is the potential for extremely high market-wide volatility that could impair floor-wide operations at the exchange
[09:22] {ese} Repros Therapeutics Submits Data to the FDA Supporting Morning Assessment of Testosterone for Men Treated with Androxal® as Indicative of Average and Maximum Levels Attained- submitted to the FDA data collected from three different studies which the Company believes demonstrates that the assessment of testosterone levels between 8 and 10 in the morning is ind
[09:23] {RonS} makes sense...rprx based in Woodlands, TX
[09:23] {ese} indicative of the maximum and average levels of the male hormone achieved during a particular day following the administration of Androxal. In the Type B meeting held on November 8, 2010, and reported in the Companys press release of November 9, 2010, the FDA stated the preferred method to determine testosterone levels in treatments designed to replace the ho
[09:23] {Threei}  maybe it's safer to focus on NASDAQ strocks for now
[09:24] {ese} hormone is a 24 hour assessment. - Using the data from the 002 and 003 studies the sponsor has determined that a single total testosterone assessment made between 8 and 10 in the morning correlates to the average of the values of the testosterone measurements for a given subject on a given day (correlation coefficient roughly 0.9 for the times 8, 9 and 10, p
[09:25] {ese} value
[09:25] {ese} and on it goes
[09:28] {magoo} morn
[09:29] {Threei}  mags :)
[09:30] {Threei}  everything is half lot for now
[09:31] {Threei} Short Setup: RIMM  .50 break if stays under .65
[09:32] {Threei} Short Setup: ADBE  .70 break if stays under .80
[09:34] {jfjf64} bac
[09:35] {dino} wow msb 57 to 39 in two weeks
[09:35] {Threei}  RIMM invalidated for now
[09:37] {Threei}  should have just recalibrated it for .60 break eh
[09:38] {jfjf64} finnies  leadin
[09:40] {Threei}  look at RIMM
[09:40] {jfjf64} rats
[09:41] {jfjf64} look
[09:41] {jfjf64} bac
[09:41] {jfjf64} liked .03 break
[09:42] {jfjf64} look   v
[09:43] {dino} cnbc  had something on about killing the debit fee schedule issies
[09:45] {dino} jobs
[09:48] {magoo} MCO
[09:48] {magoo} MCP
[09:48] {magoo} thinking wshort
[09:48] {magoo} not in
[09:51] {jfjf64} lvs
[09:51] {jfjf64} bounce
[09:52] {jfjf64} .69 break  aig
[09:52] {jfjf64} in
[09:53] {ese} L zion .03
[09:53] {ese} 1/2
[09:54] {Threei}  nice one on AIG
[09:54] {Threei}  out yet?
[09:56] {magoo} missed mcp, but it rolled a buck
[09:57] {Threei}  jf?
[09:58] {dino} ctrp sm l .60
[09:59] {dino} kmx sm l .15
[10:03] {Threei} Long Setup:  LVS  .90 break if stays above .80
[10:04] {Threei}  invalidated
[10:05] {Threei}  (CH) China Finance Minister Xie: Reiterates to stick to proactive fiscal policy**reminder: PBoC moved towards a 'prudent' monetary policy from'moderately losse' in recent weeks (highlighted by the Dec 25th interest rate hike in key 1-year rates)
[10:07] {magoo} XOMA doing it again for a cheapie
[10:14] {magoo} XOMA
[10:16] {magoo} am i here?
[10:16] {Threei}  yes
[10:16] {Threei}  XOMA isn't though
[10:16] {Threei}  it's in parallel universe
[10:19] {jfjf64} yes out
[10:19] {jfjf64} lol
[10:19] {Threei}  rofl
[10:19] {jfjf64} just  had  some  bacon
[10:19] {jfjf64} yummy
[10:20] {Threei}  my turn
[10:20] {dino}   ypf
[10:20] {Threei}  dino, that's not even a word
[10:20] {dino} symbol
[10:20] {dino} +5
[10:20] {Threei}  sigh... lol
[10:21] {Threei}  looking at it's spread, no wonder
[10:21] {Threei}  50 cents?
[10:21] {magoo} look at its volume..24k
[10:21] {dino} hmmm
[10:24] {jfjf64} watchin len
[10:24] {jfjf64} .50 break
[10:24] {jfjf64}  5 min
[10:25] {Threei} Short Setup: XOMA  .80 break half lot
[10:25] {jfjf64} xoma
[10:26] {jfjf64} missed
[10:26] {jfjf64} len
[10:32] {Threei}  no go
[10:44] {jfjf64} ty   len
[10:45] {jfjf64} jpm  d/top
[10:45] {jfjf64} ??
[10:46] {Threei}  .55 as a short trigger
[10:46] {Threei}  why not
[10:46] {jfjf64} missed
[10:49] {jfjf64} gs   d/top
[10:49] {magoo} xoma rinsed us
[10:49] {Threei}  yeah
[10:52] {RonS} csco
[10:52] {RonS} barron's bump
[11:00] {Threei}  AIG starts looking like all out break
[11:00] {magoo} yea, been watching it
[11:02] {magoo} news vad aig?
[11:02] {Threei}  no
[11:03] {RonS} AIG Sets $4.3 Billion of Credit as Insurer Seeks to Exit Bailout
[11:03] {RonS} Bloomberg...
[11:03] {RonS} 10:38 est
[11:07] {dino} .
[11:09] {Threei}  went for it mags?
[11:10] {Threei}  I'd be out here
[11:11] {magoo} im waiting .90s
[11:11] {Threei}  you are there
[11:12] {magoo} out ..95 ty
[11:13] {jfjf64} aig   news
[11:13] {jfjf64} ?
[11:14] {Threei}  {RonS} AIG Sets $4.3 Billion of Credit as Insurer Seeks to Exit Bailout
[11:14] {jfjf64} ty
[11:23] {ese} vad....does intelliscan scan the NYSE
[11:23] {Threei}  of course
[11:23] {Threei}  all us markets and TSX
[11:24] {ese} it won't let me check thqt box
[11:24] {ese} maybe i haven't paid for it?
[11:25] {Threei}  huh?
[11:25] {Threei}  what box?
[11:26] {Threei}  there is no payment for the exchange but you need to activate the feeds
[11:26] {ese} in configure alerts ....under exchanges
[11:26] {Threei}  OK, which of them are greyed out?
[11:26] {ese} NYSE{ NYSE (arca) , AMEX
[11:27] {Threei}  OK... your data feeds are not activated then
[11:27] {Threei}  do you still have subscription e-mail woth instructions?
[11:27] {ese} good question
[11:27] {ese} i'll check
[11:29] {Threei}  see dcc
[11:29] {Threei}  I copied instructions for feed activation
[11:29] {Threei}  hopefully you remember your username and password :)
[11:31] {magoo} AIG back to its old crazy self
[11:41] {ese} tks vad........
[11:42] {magoo} long mcp
[11:42] {magoo} .25
[11:42] {ese} now i can see what you all see......funny it never hit me before that all the alerts i was receiving were just from the nasdaq
[11:42] {magoo} want high ,70s
[11:42] {Threei}  lol
[11:43] {magoo} vad, wheres bounce area aig?
[11:43] {Threei}  from under .50 I'd feel safer
[11:44] {magoo} ok, thats what i was wondereing'
[11:47] {magoo} mcp stopped
[11:52] {ese} s aig .48 1/2
[11:53] {ese} cover 1/2 .30
[11:53] {ese} +.18
[11:53] {magoo} nice
[11:53] {ese} stop balance .60
[11:54] {ese} keeping in mind i rarely ever short......am going at it sm
[11:57] {dino} gold
[11:57] {dino} pretty quick drop
[11:57] {Threei}  no fresh news
[11:59] {ese} aig balance stopped .50
[11:59] {ese} .60
[12:02] {nemo} How are ya?
[12:02] {dino} ctrp out .01, +.41
[12:02] {nemo} that answers my question
[12:02] {dino} fine and you
[12:02] {nemo} getting ready to leave south jersey
[12:03] {nemo} where's Vad?
[12:04] {Threei}  hmmm
[12:04] {nemo} hi vad
[12:04] {Threei}  that's a very existential question
[12:04] {Threei}  hey
[12:04] {Threei}  you snowed in?
[12:04] {nemo} kinda'
[12:04] {nemo} It was wild here yesterday
[12:04] {Threei}  reports on TV look horrifying
[12:05] {nemo} There's still a blizzard warning in Ma., so I'm giving it a little time to get cleaned up
[12:05] {Threei}  you are going to drive?
[12:05] {nemo} yep
[12:05] {nemo} that's how I got here
[12:06] {Threei}  yikes... careful, will ya
[12:06] {Threei}  looks real bad
[12:06] {nemo} It's sunny here, storm was off Cape Cod this morning
[12:06] {nemo} Believe me, I've been following it closely
[12:07] {jfjf64} got knocked  off power
[12:08] {ese} dino you doing anything with gold
[12:08] {dino} 40 mph winds and 14 degrees f here, only about 3 inches of snow, just missed us
[12:16] {Threei} Short Setup: AIG  59 break half lot
[12:16] {Threei}  if stays under .15
[12:17] {dino}  es, sorry walked away made sandwich. no on gold but watching
[12:18] {Threei}  GOLD still looks like short to me
[12:18] {dino} don't see news on it
[12:18] {ese} now that you mention it.......i'm hungry too
[12:18] {Threei}  lol
[12:18] {dino} chicken salad on toast
[12:18] {ese} hmmmmmmm
[12:19] {dino} msb heck of daily
[12:19] {jfjf64} HMM
[12:19] {jfjf64} jf  likes
[12:19] {dino} :D
[12:19] {ese} vad....double top aig.....should go dn along way ya figure
[12:19] {jfjf64} 2 headed  monster
[12:19] {jfjf64} imo
[12:20] {Threei}  if breaks down, yes ese
[12:20] {Threei}  has a lot of air under it
[12:20] {jfjf64} im set up  either  way
[12:22] {jfjf64} .95
[12:22] {ese} crap..........!!!!!!! glance away for one frik*&^&^second
[12:22] {dino} gold, ivory coast issues
[12:24] {ese} damn this job can tick you off somedays
[12:24] {jfjf64} job
[12:24] {jfjf64} lol
[12:25] {ese} nice call vad......
[12:25] {Threei}  Atlanta, first white christmas in 158 years
[12:25] {magoo} long xoma .10 now
[12:25] {Threei}  where the hell is Al Gore
[12:25] {magoo} and mary tyler moore
[12:26] {Threei}  saw a truck on the road yesterday with sign on the cabin: "Global Warmer"
[12:27] {magoo} AIG read vad? break of .00
[12:27] {Threei}  short is still on, mags
[12:28] {jfjf64} wake up
[12:28] {magoo} oh, sorry
[12:28] {jfjf64} mags
[12:28] {Threei}  1:1
[12:29] {jfjf64} here we go
[12:29] {Threei}  ese, it gave you solid second chance entry, didn't it
[12:29] {ese} no.....it was in the .80's when i looked
[12:29] {dino} ese wants third chance
[12:30] {Threei}  ummm
[12:30] {jfjf64} .82
[12:30] {Threei}  it bounced back right into 59
[12:30] {Threei}  twice
[12:30] {ese} didn't hit .00 again
[12:30] {magoo} no
[12:30] {Threei}  and .99 is not good enough... sigh
[12:30] {magoo} .96 area
[12:30] {jfjf64} im in .95
[12:31] {ese} seemed like the best i could do was .94/.95 so i passed
[12:31] {jfjf64} thanks
[12:31] {jfjf64} ese
[12:31] {Threei}  .98 was easily available...
[12:31] {ese} hmmmmmm
[12:31] {jfjf64} gonna be  irrelavent  in  5  min
[12:32] {ese} yup
[12:32] {jfjf64} i hope
[12:32] {jfjf64} lol
[12:33] {ese} am eyeballing LVS for a pullback here
[12:48] {magoo} out XOMA .32
[12:48] {magoo} + .22
[12:49] {Threei}  nice
[12:50] {ese} nice one mags
[12:50] {ese} what kinda size did you use there.......if i may be so bold as to ask
[12:54] {dino} kmx stopped -.30
[12:56] {ese} L lvs 1/2 .04
[13:02] {magoo} eating a $5 ootlongf
[13:03] {dino} jobs sm l .00
[13:04] {magoo} REE hihghs
[13:06] {magoo} AIG gonna go higher
[13:06] {ese} Lvs out 1/2 .23 +.20
[13:07] {magoo} .40 area
[13:07] {magoo} took .00
[13:07] {ese} out in full .27 +.23
[13:07] {magoo} stiop .93
[13:07] {magoo} there
[13:08] {magoo} saw .35
[13:08] {ese} mags?....what was your size with xoma
[13:09] {magoo} only half lot
[13:09] {Threei}  {XOMA} this is so pwersonal...
[13:09] {magoo} 500
[13:09] {ese} tks.......
[13:09] {ese} nice one
[13:09] {magoo} out aig
[13:09] {magoo} ty vad'
[13:10] {magoo} +.38
[13:10] {Threei}  how is it my fault?
[13:10] {magoo} im trying to put these trades in for room real time
[13:10] {magoo} but im slow typer and quick enterer
[13:11] {Threei}  {Xoma} again...
[13:12] {magoo} AIG musch higher today imo
[13:12] {magoo} 57
[13:12] {magoo} oops
[13:12] {magoo} meant 61
[13:12] {Threei}  that's OK, no one expects you to sober up until after the New Year
[13:13] {magoo} true dat :)
[13:15] {ese} aig makes no sense
[13:17] {magoo} just hit .50 to .73
[13:17] {magoo} higher coming
[13:17] {magoo} imo
[13:18] {magoo} pure momo
[13:18] {magoo} no sense required
[13:23] {magoo} another cheapie XOMA type...RPRX
[13:24] {magoo} long .35
[13:24] {magoo} thining it gets near high
[13:25] {magoo} thinking
[13:27] {Threei} Short Setup: AIG  .50 break
[13:27] {magoo} big naz reversal going on from earlier
[13:27] {Threei}  1:1
[13:28] {magoo} nice vad
[13:29] {Threei}  1:2
[13:29] {Threei}  me out
[13:30] {dino} gj
[13:32] {ese} L schw.30
[13:33] {dino} stop?
[13:37] {magoo} RPRX needs to eat .45 offer
[13:45] {jfjf64} .80btreak aig
[13:45] {jfjf64} imo
[13:45] {jfjf64} worth try
[13:50] {magoo} id rather grab AIG on pllbk, but feel higher is coming
[13:51] {magoo} watch RPRX, if IF takes .45
[13:51] {jfjf64} looks   c/h forming
[13:51] {magoo} in .35
[13:52] {ese} out schw .35 +.05
[13:54] {dino}  i'm at b/e w/it
[13:56] {jfjf64} .36  break  short  aig
[13:56] {jfjf64} .80 break  long  aig
[13:56] {jfjf64} waiting
[13:59] {magoo} RPRX no go
[13:59] {magoo} out
[13:59] {magoo} _.08
[13:59] {magoo} -.08
[13:59] {jfjf64} here  we go
[13:59] {magoo} AIG
[13:59] {jfjf64} .80  break
[14:01] {Threei}  beautiful
[14:03] {jfjf64} 1/1
[14:04] {jfjf64} stop  b/e
[14:04] {jfjf64} you in  mags
[14:08] {jfjf64} wowwwwwwwwwwwwwwwwwwww
[14:08] {magoo} yup from .60
[14:09] {jfjf64} out .96
[14:09] {ese} it's a wow al right
[14:09] {Threei}  nice
[14:10] {magoo} i liked your alert but hit th pllbk
[14:12] {magoo} my read is 60.80 area today
[14:12] {magoo} riskier up here now
[14:17] {dino} msb to .00
[14:22] {magoo} out here .47 aig
[14:23] {magoo} +.80somethin
[14:23] {Threei}  go home
[14:23] {jfjf64} nice job
[14:23] {magoo} i am home
[14:23] {Threei}  oops
[14:23] {Threei}  OK, leave, stand on the porch for 5 min, then go home
[14:23] {jfjf64} lol
[14:23] {magoo} ill prob hit anther pllbk n it
[14:24] {jfjf64} sound good
[14:24] {magoo} not as interesed in a break entry
[14:24] {dino} gj
[14:24] {jfjf64} my original  entry 55.70
[14:24] {jfjf64} ouch
[14:30] {dino} slpped out msb .92, +.92
[14:30] {magoo} always does that
[14:30] {magoo} then next day we try to letit run and miss exits
[14:36] {RonS} atml looking like its winding up for breakout run...something for tomorrow
[14:39] {ese} l mgm .555
[14:40] {Threei}  AIG, lol
[14:40] {Threei}  no stopping to this monster
[14:40] {jfjf64} .14 cents from 1.00
[14:41] {jfjf64} lol
[14:41] {jfjf64} bidu
[14:41] {jfjf64} d/top
[14:42] {jfjf64} nice trend line
[14:42] {jfjf64} higher
[14:44] {ese} out mgm .58 +.03
[14:47] {magoo} theres 60.80 target
[14:49] {ese} you do anything with gold dino
[14:53] {dino}  not yet, missed the db on it at .00
[14:57] {magoo} AIG traditional dfall
[14:58] {Threei}  bounce soon
[15:09] {magoo} .
[15:09] {magoo} ..
[15:09] {magoo} ...
[15:10] {dino}  -
[15:10] {RonS} #
[15:11] {ese} huh?
[15:17] {dino} schw to .39
[15:19] {ese} ya ...i shoulda stayed in
[15:20] {dino} ty btw
[15:21] {ese} think nuttin off it
[15:22] {dino} indeed
[15:22] {ese} Good year tire and blubber should take off tomorrow.....good lookin daily
[15:23] {ese} GT
[15:23] {ese} nice move by schw here
[15:25] {dino} y
[15:26] {dino} out jobs .90, +.90
[15:26] {dino} schw to .42
[15:26] {dino} out +.122
[15:26] {dino} ty es on schw
[15:27] {ese} cool
[15:28] {dino} well, for a slow day, quite profitable
[15:31] {ese} indeed....in and out acn .39 }45 +.06
[15:31] {dino} gj
[15:32] {ese} i'm done for the day.....see you all tomorrow
[15:33] {RonS} cya ese
[15:33] {magoo} bye bye ese
[15:33] {dino} cya ese'
[15:33] {magoo} man, cou;lda been rich if shorted a few here, rprx
[15:34] {magoo} aig
[15:34] {magoo} mcp
[15:37] {Threei}  take care ese
[15:38] {magoo} pretty good top call i had on aig
[15:40] {Threei}  very
[15:41] {Threei}  4 cents shy
[15:50] {Threei}  Ok guys, nice day overall, with AIG being main performer
[15:51] {Threei}  thank you all, have a good evening
[15:51] {Threei}  see you tomorrow
[15:51] {magoo} ty
[15:51] {harth} cya Tues!
[15:55] {dino} thx all