Wednesday, March 31, 2010

Mar 31 2010

Very nice day which started with a good sized ARQL play and continued with PMI, FMCN and others. Couple small stops didn't even make a dent.

Session Time: Wed Mar 31 00:00:00 2010
[08:04] {Threei} 07:00 [ARQL] Phase II trial with ARQ 197 in advanced non-small cell lung cancer met endpoint, achieved statistical significance
[08:04] {nemo} it's always "non-small cell" they can't do squat with it
[08:05] {Threei} US) Preview: Mar ADP Employment Change data due out at 8:15am ET (13:15 GMT)
[08:05] {Threei} - Consensus Expectation +40Ke v -20K prior
[08:07] {fernp} Good morning everybody
[08:07] {Threei} fern :)
[08:08] {Threei} scalped ARQL
[08:08] {Threei} awww
[08:08] {Threei} too soon
[08:15] {Threei} *(US) MAR ADP EMPLOYMENT CHANGE: -23K V 40KE
[08:15] {Threei} oh boy
[08:16] {Threei} and it gets ohboyeer:
[08:16] {Threei} - Prior revised DOWN from -20K to -24K
[08:18] {Threei} was that correct grammatic form Raven?
[08:25] {Raven} uh ... hmmm
[08:25] {Raven} too early
[08:25] {Threei} okay... sorry
[08:25] {Raven} np
[08:26] {Threei} today's figure does not include any federal hiring in March for the 2010 Census
[08:26] {Threei} oh good
[08:26] {Raven} the number kind of stank actually
[08:26] {Threei} then tomorrow's numbers will be better
[08:27] {nemo} Friday's?
[08:27] {Threei} yeah, Fri.. sorry
[08:27] {Threei} but no market on Fri
[08:27] {nemo} we'll have to deal with the gap on Monday
[08:27] {Threei} so we will simply open above 11K on monday, lol
[08:27] {Raven} the number will be like the tree falling in the forest ?
[08:28] {Threei} pretty much
[08:28] {Threei} or,
[08:28] {Threei} foreseen that, market will rally tomorrow
[08:28] {Raven} then I will proceed to clap with one hand
[08:29] {Threei} and trap late buyers on good-looking numbers by gapping down on Monday
[08:29] {nemo} that would be impressive as a winged animal
[08:29] {Raven} yes ... very
[08:31] {Threei} lol... president is set to announce opening more areas to offshore drilling
[08:31] {Threei} wasn't it what his opponent campaigned on and he opposed?
[08:31] {Threei} (GR) Moody's downgrades five Greek Banks
[08:34] {nemo} trying to buy votes for climate change legislation
[08:36] {Raven} whores
[08:46] {Threei} ABAT Reports FY09 R$63.5M
[08:46] {Threei} FY09 $0.35 v $0.31 y/y, R$63.5M v $45.1M y/y
[08:48] {Threei} - The increase in revenues was primarily due to the contribution of sales from the electric vehicle business, which the Company acquired on May 4, 2009. Sales of electric vehicles after May 4, 2009 totaled $20,329,895.
[08:49] {fernp} RIMM reports today after the close
[08:50] {Threei} and MOS
[08:53] {dino} gm all
[08:54] {Threei} dino :)
[08:56] {Threei} Mortgage Insurance Companies of America (industry group): in Feb borrowers who caught up on overdue mortgages outnumber new delinquencies for first time since March 2006
[08:59] {Threei} CELM
[08:59] {Threei} 1:52:00 AM
[08:59] {Threei} China Electric Motor Reports Q4 Net $2.9M v $2.0M y/y, Op income $3.8M v $2.5M y/y, Rev $22.1M v $14.0M y/y
[08:59] {Threei} - Guides Q1 EPS $0.163-0.176, Rev $20.7-21.2M
[08:59] {Threei} - Guides FY10 Rev $110-120M
[08:59] {Threei} - FY09 Rev $85.4M v $53.1M y/y, Op income $14.7M v $9.8M y/y, Net income $11.5M v $8.0M y/y
[08:59] {Threei} same sector as ABAT
[09:00] {ese} GM
[09:00] {Threei} ese :)
[09:00] {fernp} gm ese
[09:00] {nemo} dude
[09:01] {fernp} ISIS gapping up
[09:01] {ese} fern
[09:01] {ese} dude
[09:02] {Threei} ISIS Collaborating with Glaxo on RNA therapeutics for rare and infectious diseases; to receive $35M upfront payment
[09:02] {Threei} Saudi Oil Min: Would like to maintain price of oil around $80/bbl - CNBC
[09:02] {Threei} you would, wouldn't you
[09:09] {Threei} WSJ reports World Gold Council Partners With China's ICBC To Promote Gold Investment
[09:10] {nemo} rimm steadily moving north
[09:10] {Threei} if it's such a good investement, why such effort to promote it?
[09:17] {shorty} Good morning
[09:17] {larisa} gm :)
[09:17] {Threei} shorty :)
[09:17] {nemo} hi lari
[09:17] {Threei} larisa :)
[09:18] {Threei} Hearing metals desks eyeing stops ahead of Gold $1123 that could add to upward pressure
[09:18] {Threei} - prices also being helped by the weaker Dollar post ADP jobs
[09:18] {RonS} gm all:)
[09:18] {Threei} Ron :)
[09:19] {strider} morning everyone.
[09:19] {Threei} strider :)
[09:19] {fernp} gm st
[09:19] {strider} :)
[09:21] {lasertrev} morning all
[09:21] {Threei} trev :)
[09:21] {Threei} points of interest so far: ABAT, ARQL, CELM
[09:23] {Les} morning
[09:23] {Threei} Les :)
[09:24] {Les} lost mibbit again at 3pm. didn't bother reentering the game. don't think me rude
[09:24] {Threei} ABAT setup is pretty much obvious, 4.10 break... volatile one
[09:24] {dino} cagc
[09:24] {dino} yuii beats
[09:24] {Threei} it's not like we are dad set against rudeness, les
[09:25] {Threei} dead set
[09:25] {Threei} in fact, we strive on it
[09:25] {Threei} except larisa
[09:25] {Les} ok, for sensitive souls here then
[09:25] {Threei} oh, for nemo then
[09:25] {Threei} that's about right
[09:25] {nemo} :)
[09:25] {Les} voilĂ 
[09:26] {Threei} strive = thrive
[09:26] {RonS} fsii
[09:28] {dino} ceph down again
[09:30] {Threei} ARQL, right out of the gates
[09:31] {dino} cagc
[09:32] {jfjf64} mornin
[09:32] {Threei} jf :)
[09:32] {dino} out leftovers dwa .74, +.24
[09:34] {dino} yuii looked good, but nothing happening
[09:35] {jfjf64} gld
[09:35] {dino} like king midas as i was told
[09:35] {jfjf64} .50
[09:36] {dino} apol wants that 61.18 gap
[09:36] {jfjf64} no go
[09:37] {nemo} rimm dancing on 200 ma
[09:38] {jfjf64} abx
[09:39] {dino} ceph hl l .00
[09:39] {fernp} .20 break HIG, Vad?
[09:40] {Threei} yes
[09:40] {fernp} ok
[09:40] {dino} ugh cagc
[09:41] {dino} yuii sm l .63
[09:41] {Threei} Long Setup: ARQL .60 break
[09:41] {Threei} if stays above .45
[09:41] {Threei} very volatile
[09:42] {fernp} numbers in 3m
[09:43] {Threei} correction .50 break
[09:43] {Threei} if stays above .40
[09:43] {Les} ty out .64
[09:43] {Threei} half out for me
[09:44] {dino} gj
[09:44] {Threei} 1/4 more out .80
[09:45] {dino} mkts drop
[09:45] {Threei} US) MAR CHICAGO PURCHASING MANAGERS: 58.8 V 61.0E
[09:45] {Les} stopped hig. another dick around day coming up?
[09:45] {nemo} salmon on steroids
[09:45] {Threei} last part out .93
[09:45] {ese} in and out arql .62 .75
[09:45] {Threei} whew
[09:45] {ese} tks vad
[09:45] {Threei} welcome sir
[09:46] {Threei} that was adrenalin-inducing
[09:46] {jfjf64} ty
[09:46] {Threei} jf :)
[09:46] {Threei} going above 7
[09:46] {shorty} Scary watching you guys play it.
[09:46] {ese} yes it was
[09:47] {Threei} requires good broker and fast fingers
[09:47] {jfjf64} we talkin girls or stocks
[09:48] {Les} hig 28 b/d?
[09:48] {Les} after consolidation
[09:48] {Threei} can't tell
[09:49] {Les} oh maaaaaaaaaaaan
[09:50] {dino} lol
[09:50] {Les} finnies coming down
[09:50] {dino} ctrp gap 39.40s
[09:51] {dino} cagc big pullback
[09:52] {Threei} USEG?
[09:52] {Threei} nuclear related name
[09:52] {Threei} no news that I see
[09:53] {Threei} Short Setup: ARQL 7 break half lot
[09:53] {Threei} if stays under .15
[09:54] {dino} ceph stopped -.25
[09:54] {dino} \ceph sm l .52
[09:54] {dino} ctrp i mean
[09:55] {gen} gm all
[09:55] {Threei} gen :)
[09:55] {gen} :)
[09:55] {Threei} missed first superduperplay
[09:56] {gen} what is it
[09:56] {Threei} ARQL
[09:57] {Threei} touched 1:1. and I missed cover blabbing
[09:57] {nemo} I had order in still didn't get it
[09:57] {Threei} out
[09:59] {strider} long AVP 33.64
[10:00] {Threei} *(US) FEB FACTORY ORDERS: 0.6% V 0.5%E
[10:01] {Les} same play again?
[10:02] {dino} cagc l .00
[10:02] {Threei} no
[10:02] {Threei} holding too stubbornly
[10:03] {Les} got it for .10 a little compensation
[10:03] {jfjf64} somx runnin
[10:03] {shorty} Threei, thought on ISIS? please and thatnks.
[10:04] {Threei} [SOMX] Underwriters fully exercise 900K share overallotment option at $8.25/shr
[10:04] {dino} out cagc .28, +.28
[10:04] {jfjf64} gj dino
[10:04] {shorty} good stuff dino.
[10:04] {dino} ty
[10:04] {dino} dwa tight range
[10:05] {Threei} ISIS, not enough activity
[10:05] {shorty} k
[10:05] {nemo} building a bull flag on arql
[10:05] {shorty} I have no idea what you mean by activity Threei
[10:05] {strider} +.12 ARQL scalp
[10:05] {Threei} yup
[10:06] {Threei} IMO, ARQL becomes long on .15 break
[10:06] {Threei} scary as hell
[10:06] {strider} irritating.
[10:07] {dino} ceph -4+ since tues
[10:07] {dino} sgg all over
[10:07] {nemo} 7.10 offer
[10:07] {Threei} was
[10:09] {Les} hig
[10:10] {shorty} JOSB, nice trend.
[10:11] {strider} stop AVP -.13
[10:12] {dino} ceph nemo?
[10:13] {dino} feeling 68.25 area
[10:14] {nemo} .50 is s3 support
[10:14] {gen} out ARQL +.12
[10:14] {gen} TNKS
[10:14] {dino} ty, q? was that retest iyo
[10:14] {Threei} living dangerously, aren't you
[10:15] {nemo} .35-.40 chart support on 30 minute
[10:15] {dino} 50 around .25
[10:15] {Les} s avp .47
[10:20] {Les} and stopped. stop city here we come
[10:21] {dino} ceph sm l .75
[10:21] {Threei} NCT?
[10:22] {Threei} what's up here
[10:23] {Les} haven't you heard?
[10:23] {Les} NCT is today's HOTTEST investment!
[10:23] {Les} you should buy some
[10:23] {Les} quick, before its too late
[10:23] {dino} yuii stopped
[10:25] {dino} all green
[10:25] {dino} feels like giddy-up
[10:26] {dino} they want to close quarter up
[10:26] {dino} they=govt
[10:27] {Threei} [08:26] {Threei} then tomorrow's numbers will be better
[10:27] {Threei} [08:27] {Threei} so we will simply open above 11K on monday
[10:27] {Threei} [08:28] {Threei} or,
[10:27] {Threei} [08:28] {Threei} foreseen that, market will rally tomorrow
[10:27] {Threei} [08:29] {Threei} and trap late buyers on good-looking numbers by gapping down on Monday
[10:28] {Threei} ARQL tired
[10:30] {Threei} DOE CRUDE: +2.9M V +2.4ME; GASOLINE:+315K V -1.8ME; DISTILLATE: -1.1M V -1.3ME
[10:31] {Les} .60 break on fitb if FAS keeps going up?
[10:32] {Les} or play the reversal?
[10:32] {Threei} I wouldn't
[10:32] {Les} a
[10:32] {Les} b
[10:32] {Les} or both?
[10:32] {Threei} neither
[10:33] {Les} CELM seems to be sell the news. d/b or death coming?
[10:34] {Threei} no idea
[10:34] {Threei} USEG is really intriguing
[10:35] {Les} maybe rumour or impending obama decision/policy release?
[10:37] {nemo} take "nemo" pills today?
[10:38] {Les} why, I see stupid today?
[10:38] {Les} seem
[10:38] {Les} :D
[10:39] {nemo} no, pretty consistent on's like you're on amphetamines
[10:39] {Les} lol
[10:39] {dino} ceph to flat
[10:39] {dino} ctrp to flat
[10:40] {Les} spent my last few days looking for setups. now I've just let it go... happy to pester you guys instead
[10:40] {Threei} why the change of heart
[10:40] {dino} be water les
[10:41] {Les} not letting trading go, just ceased to try squeeze blood from stone
[10:41] {Threei} and switched to us
[10:43] {dino} my advice to you, drink heavily
[10:43] {Threei} and often
[10:43] {Les} ahh that be the problem
[10:43] {dino} but seriously, slow down keep it simple
[10:43] {Les} I gave up drinking last weekend
[10:43] {Threei} remember, alcohol is small doses is harmless in any quantity
[10:44] {Threei} is = in
[10:44] {Threei} first one that is
[10:44] {Threei} lol
[10:44] {Les} haven't had a drink in 3 days. a record.
[10:44] {Threei} Short Setup: ARQL .90 break down
[10:44] {Threei} if stays under 7
[10:44] {dino} hey, me too
[10:45] {Les} but if the crowd here doesn't like this new personality, I can take up the bottle again
[10:46] {Threei} never mind us, we didn't like previous one either
[10:46] {Les} rotfl
[10:46] {Threei} :)
[10:46] {dino} :D
[10:46] {Threei} die ARQL
[10:47] {nemo} would you take up a morphine overdose?
[10:47] {shorty} Anyone see a ss set up on JASO?
[10:48] {Threei} come on ARQL, no rinsing
[10:48] {dino} wheres stop, .01?
[10:48] {Threei} yeah, above 7
[10:49] {ese} ENER
[10:49] {ese} no place to get in though
[10:49] {Threei} no news that I see either
[10:50] {dino} yuii rinse r oni
[10:50] {dino} fdx lod
[10:51] {Threei} ARQL, here is instruction for you:
[10:51] {Threei} lose .85 and die
[10:53] {Threei} idiot stock... can't follow simple instructions
[10:53] {Threei} no go
[10:53] {Threei} that first long on it was pretty much it
[10:53] {Threei} could have gone back to sleep after it
[11:03] {dino} mkt feels like its on pins and needles again
[11:03] {Les} squeezed .05 from ENER 5k. helps a little
[11:04] {dino} gj
[11:05] {Threei} ARQL, rinsed
[11:05] {Threei} grrr
[11:05] {Les} ARQL lost big bidder
[11:07] {fernp} LLTC do you think is valid breakdown, Vad?
[11:07] {Threei} most likely
[11:07] {fernp} ok
[11:08] {ese} nice les
[11:13] {RonS} big vol move pmi
[11:15] {dino} autc
[11:17] {Les} s PMI .27
[11:18] {shorty} ss ZION 21.96...exit 22.01
[11:20] {Les} out +.04 5k i am now green
[11:20] {Les} despite fooling around with ARQL this morn
[11:20] {shorty} gj Les
[11:20] {Les} speaking of which. ARQL has its mojo back
[11:21] {Threei} scalped PMI short .25 - .19, guess how many shares
[11:21] {dino} dt in making
[11:21] {Threei} 4998
[11:21] {Les} 10k?
[11:21] {nemo} 5k
[11:21] {Threei} someone was hesitant to give me 5K
[11:21] {Threei} witheld 2 shares
[11:21] {Threei} lol
[11:22] {dino} i got the other 2 3i
[11:22] {Threei} hehe
[11:22] {Threei} but covered by bidding
[11:22] {Threei} so got ECN rebate of a nice size
[11:23] {shorty} out ZION + .06
[11:23] {Threei} wtg
[11:23] {Threei} (US) President Obama: Offshore drilling is part of strategy to make US economy less dependent on foreign oil; govt plans to double number of hybrid vehicles in fleet
[11:23] {Threei} - Warns that drilling alone cannot come close to meeting long-term US energy needs
[11:23] {dino} ceph to .14
[11:24] {dino} out ceph +.39
[11:24] {RonS} prelude to next cap and trade push
[11:25] {dino} he's like a badger, never stops
[11:26] {RonS} meanwhile the dept of interior and epa move against fracking
[11:26] {dino} that is pissing me off
[11:26] {nemo} oh great
[11:27] {dino} i hold 3 signed leases for fracking
[11:27] {Les} really. fracking is bad now?
[11:30] {Threei} ugh
[11:30] {Threei} missed IMAX break
[11:31] {jfjf64} comon
[11:31] {dino} lol i just took it off my screen
[11:31] {dino} apol sm l .50
[11:32] {Threei} C Initiates new algorithmic trading platform (4.08, -0.01, -0.24%)
[11:32] {Threei} oh good
[11:33] {Threei} launched a next generation algorithmic trading platform for its institutional equity trading clients. The new technology was researched, designed and extensively tested over the past eighteen months. The platform offers cutting edge execution logic and extensive customization capabilities. Citi Algorithmic Trading strategies incorporate best-in-class, smart routing technology along with the diverse liquidity and anti-gaming benefits of the Citi Match Crossing Network.
[11:33] {Threei} Strategy improvements for Citi Algorithmic Trading include:
[11:33] {Threei} Consistent behavior of strategies along with parameters and constraints
[11:33] {Threei} Sophisticated limit order model
[11:33] {Threei} Symbol-specific trading decisions driven by historical and real-time analytics
[11:33] {Threei} Optimal balancing and control across trading styles
[11:33] {Threei} Easy to install into new venues and manage allocations across venues based on Citi performance analysis
[11:33] {Les} celm vad, .10 b/d?
[11:34] {Threei} no idea
[11:34] {dino} lol last 18 months apparently c did not use it if its so great
[11:37] {shorty} Look at JASO Threei? Is that a cup and handle patern?
[11:38] {Threei} with handle in the making? yeah, kind of
[11:40] {dino} giddy up
[11:41] {Threei} ARQL... not that I am ready to call it, but looks ready for the next leg up
[11:42] {Threei} PMI non-stop now
[11:43] {Threei} why didn't I reverse to long, with another 4998 shares
[11:45] {dino} arql dk 3i, feels heavy to me
[11:45] {Threei} it does... then jumps up
[11:45] {Threei} did it a few times already
[11:45] {dino} random dancer
[11:45] {Threei} and keeps churning
[11:45] {Les} l ARQL .26 stop .20
[11:46] {dino} maybe better worlds
[11:49] {Les} out flat. big offers scared me off
[11:50] {dino} chickened out here les
[11:51] {Les} ok
[11:52] {Threei} grrr
[11:53] {Threei} PMI is like torn in the side
[11:53] {nemo} torn=thorn?
[11:53] {Threei} whatever
[11:54] {nemo} how about bamboo shoots under the fingernails?
[11:54] {shorty} ouch nemo
[11:54] {dino} kidney stone
[11:54] {nemo} oh THAT sucks
[11:55] {shorty} I have yet to have kidney stones.
[11:55] {dino} apol is stuck in mud
[11:56] {Threei} ARQL, probably one last shake before bounce
[11:57] {Threei} most likely under 7
[11:57] {dino} nor have i shorty
[11:57] {Threei} PMI, enough
[11:57] {Threei} drop already, give us entry
[11:58] {Threei} yeah right
[11:58] {dino} lets short it around 6
[11:59] {shorty} you might get your wish Threei
[11:59] {Threei} will be inetersted in entry near .40
[12:00] {dino} ceph getting interesting again
[12:00] {dino} pmi should not get to 6, thats why
[12:03] {Threei} RRI Finalizes $20M DOE stimulus grant to expand smart energy solutions in Texas (3.74, -0.05, -1.32%)
[12:04] {Threei} (GR) Moody's Concludes Review Of Sovereign Impact On Greek Structured Finance Transactions
[12:04] {Threei} affects approx 19.7B in debt securities which were prior downgraded
[12:06] {Threei} Societe Generale trims forecasts for Euro bond sales
06[12:07] * Threei slaps magoo around a bit with a large alarm clock
[12:10] {gen} ARQL worked for me again out +.13
[12:10] {dino} gj gen
[12:10] {Threei} short?
[12:10] {gen} yep
[12:11] {gen} at 7.10
[12:12] {Les} .65 break of FITB ?
[12:12] {shorty} nice gen
[12:12] {Threei} probably les
[12:13] {shorty} Threei, you think my order will get to me by tomorrow? Thought I would use that weekend to study.
[12:14] {dino} ceph sm l .25
[12:14] {Threei} canada post is better one to ask... but let me ask admin about tracking
[12:15] {dino} test on minday shorty
[12:15] {dino} monday
[12:15] {shorty} Everyday is test.
[12:15] {dino} ;)
[12:16] {shorty} Threei, don't worry. I will find out tomorrow.
[12:16] {shorty} I will just read you book again if I don't get it.
[12:16] {Threei} 2010/03/31 04:57 CALGARY Item processed at postal facility
[12:17] {shorty} Thank you kindly Threei.
[12:17] {Threei} not my labor, really, I just copy/pasted :)
[12:17] {shorty} lol
[12:20] {Threei} I know what to do till the end of the day: hate PMI
[12:21] {dino} wow
[12:21] {Les} damn. thought it was finished...
[12:24] {Les} half out fitb .70
[12:24] {Threei} yup, 1:1
[12:25] {dino} cagc sm l .85
06[12:25] * Threei slaps magoo around a bit with a large frozen whale tail, just for the heck of it
[12:25] {Les} ascending triangle spy yesterday's close/today?
[12:25] {Threei} and JBE in the making
[12:26] {nemo} today is index options expiration, probably won't move much more today
[12:27] {Les} PMI
[12:28] {dino} having the underrated sandwich today
[12:30] {Threei} Fed's Lockhart: It is too premature to assume tightening; inappropriate to place dates on 'extended period' language; could tighten before jobs rate is satisfactory
[12:33] {dino} contrary indicator, over vacation couple of the guys were thinking of buying stocks soon
[12:35] {ese} damn!!!! abio......follow it for a couple of days......get lulled into not watching it for a bit and .....bang
[12:35] {ese} fuuu%$#!_)(&^^#*(&(*&!!!!!!
[12:37] {ese} vad......get the chair gonna come over and tell you how i really feel
[12:37] {Les} PMI rollover coming?
[12:38] {Threei} no news ABIO
[12:39] {dino} green
[12:40] {ese} red
[12:40] {ese} goffed on the color
[12:40] {RonS} blue
[12:40] {ese} goofed
[12:41] {ese} yaaaaaa.........maybe a bit of that
[12:41] {dino} lol
[12:42] {dino} damn pmi was at .96
[12:44] {Threei} when?
[12:44] {Threei} I show .83 high
[12:44] {nemo} yeah me too
[12:45] {dino} no 3i, i was waiting w/short at .96
[12:45] {Threei} oh
[12:46] {Threei} IA) Group of 6 powers reportedly agree to begin writing a plan for sanctions against Iran - unconfirmed report
[12:46] {Threei} - proposal from UN security council to come within the next few days
[12:47] {Threei} PMI, probably bounce time, from around .45
[12:48] {Threei} USEG continues
[12:49] {Threei} hate it... watching it from .75 and can't find entry
[12:50] {Threei} in
[12:50] {Threei} .47
[12:50] {Threei} stop under .45 for superstingy scalpers, .40 for the rest
[12:51] {dino} tight range again
[12:52] {Les} +.05 10k thank you very much
[12:52] {Threei} out
[12:52] {Threei} nice and easy
[12:52] {shorty} lol....I went with you guys, thanks for the ride.
[12:52] {Threei} welcome
[12:52] {Threei} got .08
[12:52] {Threei} .47 - .55
[12:53] {shorty} 6 for me
[12:53] {Threei} "ese play"
[12:53] {gen} out of X + .14 400 shares short
[12:53] {Threei} gen is decisively short today
[12:53] {Threei} HIG Completes repurchase of preferred shares issued to the U.S. Department of Treasury under the Capital Purchase Program (CPP). (28.66, +0.62, 2.21%)
[12:54] {gen} I am a short guy
[12:54] {gen} :)
[12:54] {Threei} amazing flexibility, to change once height depending on market direction
[12:55] {ese} L amsc .51
[12:55] {Threei} 6'10'' on a green day, 5'2'' on a red
[12:55] {Threei} once = one's... wth with me today
[12:55] {Threei} nemo, not a word
[12:55] {Les} leave it alone vad
[12:56] {Threei} Raven is the only one I take grammar corrections from
[12:56] {Threei} I mean grammer korekshions
[12:57] {nemo} yeah, your spelling is hopeless
[12:57] {Threei} haples?
[12:58] {RonS} slap les
[12:58] {Threei} rofl
[12:58] {Threei} I like both, thr word play and the idea
[12:58] {nemo} works for me
[12:58] {Les} you have an evil mind Ron
[12:59] {Threei} but Les... that's pretty much an entry requirement in this room
[12:59] {Threei} except larisa
[12:59] {nemo} and patience
[12:59] {nemo} then there's fern
[13:00] {Threei} well, fern is a plant
[13:00] {Threei} and patience leaves for 2 month vacation
[13:00] {RonS} intended double entendre?
[13:00] {Threei} I thought for a while Alert was a benevolent one, but then I found out he is my evil twin
[13:01] {patience} i am on vacation as of today....time to party :)
[13:01] {nemo} 2 month vacation...lucky girl
[13:01] {Threei} whatever sinister thing I say here, he repeats in the floor
[13:01] {dino} have fun patience
[13:01] {Threei} ask her where, nemo
[13:01] {nemo} ?
[13:01] {nemo} where, nemo
[13:01] {Threei} sigh
[13:02] {nemo} oh
[13:02] {nemo} Where you going Patience?
[13:02] {patience} biking and hiking rural china for a month, hiking in chaing mai, thailand, then kayaking down coast of thailand, camping on the beaches
[13:02] {Threei} how about that?
[13:02] {shorty} wow
[13:03] {nemo} yeah, really
[13:03] {shorty} I get an adrenalin rush walking in my back yard
[13:03] {patience} we are already planning the next trip, a world cruise partly on high end cruise line and partly on a freighter
[13:04] {Threei} one unexpected complication: I am supposed to drive her to ferry but her bike and canoe won't fit in my car
[13:06] {nemo} Good luck and safe journey Patience
[13:07] {patience} ty :)
[13:07] {shorty} Yes, safe journey.
[13:07] {shorty} SS PMI anyone?
[13:08] {larisa} patience is one active girl.. I can take one hour canoe trip during a week vacation :) but dats it
[13:08] {Threei} I can take one walk around the canoe
[13:09] {larisa} dats it ?
[13:09] {Threei} but I do it in a very spectacular manner
[13:09] {Threei} I look as if I know what I am looking at
[13:10] {Threei} also, if I happen to find a bike nearby, I make that circle while dragging bike along,
[13:10] {Threei} I look very sporty
[13:19] {Threei} (US) US Trade Rep: China still maintains high bars to entry into banking, telecommunications and insurance industries, has significant non-tarriff barriers
[13:19] {Threei} - Agricultural imports face selective and unwarrented requirements.
[13:20] {Threei} now ARQL is doing what I envisioned on that first short
[13:21] {shorty} nice down trend now.
[13:22] {nemo} arql's 200 ma is at .32
[13:22] {KSystems} boo
[13:22] {Threei} ks :)
[13:27] {Threei} gen, dcc pls
[13:31] {Threei} oh good
[13:31] {Threei} new study associates multivitamins with cancer
[13:32] {Threei} and we trust the advice from these people?
[13:32] {Threei} here is my prediction: next big scandal is going to be a discovery that cholesterol is not a real reason for heart diseases
[13:33] {shorty} No, my wife is Threei.
[13:33] {Threei} and its impact was grossly exaggerated by drug makers
[13:34] {Threei} and btw
[13:34] {Threei} today is 1 year anniversary since I quit smoking
[13:34] {shorty} congrats Threei, 4 years for me.
[13:34] {Les} well done
[13:35] {Threei} US) Fed's Duke: Commercial real estate losses could be better than expected; industry has hit a 'rocky bottom' - Q&A
[13:35] {Threei} - sees positive impact to commercial real estate if the economy improves
[13:36] {fernp} congrats Vad
[13:36] {fernp} I quit smoking five years ago
[13:36] {Threei} :)
[13:37] {fernp} my life has not improved at all since then
[13:37] {fernp} lol
[13:37] {Threei} lol
[13:37] {Threei} ARQL
[13:37] {gen} I tried 40 years ago
[13:37] {gen} :)
[13:37] {Threei} bounce time very soon
[13:38] {Threei} .35 if stays above .25
[13:41] {dino} gj vad, nasty habbit
[13:44] {Threei} setup moves with the price
[13:44] {Threei} let it form next range
[13:44] {Threei} ugh, .50 PMIgot away
[13:45] {Threei} I am missing a lot of plays on that one
[13:45] {Threei} IRE again on that relentless rise
[13:52] {dino} sgg
[13:55] {RonS} sgg beet w/ cane
[13:57] {nemo} break .36 on arql if holding .28?
[13:57] {RonS} chk chugging up
[13:58] {Threei} probably nemo
[13:58] {nemo} invalimudated
[14:01] {Les} vastly improved day today. will hold profits and run. c u's tomorrow
[14:01] {shorty} Bye Les
[14:01] {Threei} good job Les, take care
[14:02] {dino} cagc stopped
[14:02] {fernp} Bye Les
[14:02] {nemo} by lester
[14:02] {nemo} bye
[14:03] {dino} cya les
[14:03] {Threei} Microsoft Corp Aiming to launch its tablet project named 'Courier' in Q3 or Q4 2010 - Engadget
[14:03] {Threei} - leaked details include specifications of less than one inch, less than a pound in weight, opens like a book but no larger than 5X7 photo when closed
[14:03] {Threei} - based on handwriting software and pen computing
[14:03] {Threei} - built in camera is possible
[14:08] {Threei} VXX new 52 week low
[14:09] {Threei} FMCN
[14:09] {Threei} Long Setup: FMCN 18 break
[14:09] {Threei} if stays above .95 for scalpers, .90 day traders
[14:13] {Threei} CNN replays Obama's campaigning against drilling
[14:13] {RonS} ...and noone sees it...
[14:14] {Threei} ARQL
[14:15] {Threei} sharp drop under 6 should give anothert bounce opportunity
[14:22] {nemo} wow, fmcn caught me by surprise
[14:22] {fernp} was impossible to grab FMCN
[14:23] {fernp} too fast
[14:23] {Threei} see if gives second chance entry
[14:23] {shorty} hugh...I got it
[14:23] {fernp} gj shorty
[14:23] {Threei} 1:1 for scalpers
[14:24] {shorty} This is where I suck at trading, getting out
[14:24] {dino} throw in your sells as soon as you fill
[14:25] {dino} waiting at .14
[14:25] {dino} cagc collapse
[14:26] {dino} yuii l .32
[14:26] {shorty} out + 5 only, but thanks Threei
[14:27] {Threei} ARQL works on recross
[14:32] {dino} ctrp stopped flat
[14:35] {RonS} Headline of the day: latest sign of the apocalypse: the etrade babies get a movie deal
[14:36] {dino} fmcn stop to .05
[14:38] {shorty} out early on FMCN
[14:38] {dino} out fmcn .12, ty vad
[14:38] {Threei} 1:1 for day traders
[14:38] {Threei} :)
[14:39] {RonS} 3i, imax break for short?
[14:39] {Threei} not my kind of setups
[14:41] {dino} ceph to flat
[14:41] {dino} ctrp rinsed
[14:45] {Threei} ICXT Discloses receipt of $3.8M in Fido XT explosives detector sales in Q1 (1.72, -0.02, -1.15%)
[14:45] {RonS} woof
[14:46] {gen} LVS out +.11 short :)
[14:46] {dino} apol stopped
[14:46] {RonS} arql short on breakdown of lod?
06[14:46] * Threei slaps gen around a bit with a large chart of uptrending market
[14:46] {gen} :)
[14:47] {Threei} way too risky Ron, this kind of runners often turns into late day secondary run
[14:47] {gen} LVS still goes down
[14:48] {shorty} Nice gen
[14:49] {gen} thanks
[14:49] {gen} :)
[14:49] {gen} LVS at 21.25 reverse point
[14:49] {gen} in my opinion
[14:49] {gen} i am wrong
[14:50] {Threei} opinions are sao shaky these days... they get expressed and abandoned within one minute
[14:51] {Threei} I miss times when strong silent men would stand protecting their opinions with smith&vesson
[14:51] {gen} stock is folowing market
[14:51] {RonS} 'cept about les...
[14:51] {gen} :D
[14:51] {RonS} :D
[14:51] {dino} cagc sm l ave .02
[14:52] {shorty} Les really gets it here.
[14:52] {Threei} give me my AK-47 and let's discuss my opinion
[14:52] {Threei} be brief
[14:52] {shorty} lol
[14:52] {larisa} is your opinion is flexible as 11k hat?
[14:52] {larisa} is=as
[14:52] {Threei} flexibility is last thing on my mind
[14:53] {Threei} me and my AK-47, we are unbending
[14:53] {dino} opionions are like asses, everybody has one
[14:53] {larisa} LOL
[14:54] {shorty} My opinion dino, you are right.
[14:54] {dino} lol
[14:54] {shorty} Got out to early with ZION, again.
[14:54] {gen} RIMM
[14:55] {larisa} Rimm reports after close?
[14:55] {RonS} Wash DC all statues with horses point ass-wise towards the capital
[14:55] {Threei} RIMM earnings after close
[14:55] {shorty} lol RonS
[14:55] {dino} there's a chair for every ass
[14:55] {dino} ceph stopped flat
[14:57] {Threei} lol Ron, you reminded me a joke popular in one Ukrainian city where goverment building by freak of ecletic design got placed in front of statue of lening and behind old church,
[14:57] {Threei} so the joke went 'In Lenin's bosom, in God's butt"
[14:57] {RonS} ...that is funny
[14:57] {shorty} lol
[14:59] {dino} lenin would shoot you for that
[15:01] {Threei} millins learned that all too well
[15:01] {Threei} millions
[15:03] {RonS} "Destiny is demographics." Stalin
[15:03] {dino} back in 10
[15:04] {Threei} more known for :no person - no probmel"
[15:04] {Threei} "no person - no problem"
[15:05] {RonS} "Political power comes from the barrel of a gun." Mao
[15:06] {Threei} ARQL Hearing Price target raised to $10 from $6 at Lazard (timing uncertain) (5.98, +2.48, 70.86%)
[15:08] {RonS} lol, dino scores on CAGC while on break
[15:09] {gen} done for today
[15:09] {gen} was a good day
[15:09] {gen} :)
[15:09] {Threei} wtg
[15:09] {shorty} bravo
[15:10] {gen} bye all
[15:10] {gen} :)
[15:10] {shorty} bye
[15:10] {RonS} cya gen
[15:10] {Threei} wait!!
06[15:10] * Threei slaps gen around a bit with a large roll of cash
[15:10] {dino} gj gen cya
[15:10] {Threei} now go
[15:10] {shorty} lol
[15:10] {gen} tnx Threei
[15:10] {gen} :)
[15:10] {Threei} always
[15:11] {shorty} Well Threei, we are 15 dollars closer to a nice lunch at IKEA.
[15:11] {Threei} oh boy!!
[15:12] {Threei} sky incrusted with diamonds
[15:12] {Threei} what else can I say
[15:13] {shorty} Is there one in Victoria?
[15:13] {Threei} no
[15:13] {Threei} Vancouver is closest
[15:14] {shorty} Cool
[15:14] {dino} ctrp .46 l
[15:14] {shorty} PMI..C/H forming?
[15:15] {Threei} not if market continues down
[15:18] {dino} yuii stopped -.06
[15:20] {KSystems} i missed that
[15:21] {KSystems} what do you want to eat in IKEA?
[15:21] {KSystems} dont say meatballs
[15:21] {shorty} Actually I like the chicken
[15:21] {dino} i thought ikea was a furniture store
[15:21] {shorty} It is
[15:22] {dino} hmmm
[15:22] {Threei} common mistake dino
[15:22] {shorty} lol
[15:22] {RonS} it's oprah-size so has a restaurant
[15:22] {dino} ahhh, now i get it
[15:25] {fernp} i'm going to spend some days on the beach
[15:25] {RonS} 3i, vis Victoria; there is 5 million sq ft of retail w/in a 1 mi radius of my house. They are breaking fround on a .45mil sq ft IKEA
[15:25] {fernp} have a good weekend. see u on monday
[15:26] {RonS} bye fern
[15:26] {shorty} What beach fernp?
[15:26] {jfjf64} see ya fern
[15:26] {fernp} isla cristina, huelva, spain
[15:27] {shorty} :(
[15:27] {RonS} :O
[15:28] {RonS} pmi moving
[15:30] {Threei} take care fermn
[15:30] {nemo} I gotta' go folks, see you tomorrow
[15:30] {Threei} see you tomorrow nemo
[15:30] {jfjf64} enjoy nemo
[15:30] {shorty} Bye nemo and fernp
[15:31] {dino} cya nemo
[15:31] {dino} cya fern
[15:42] {jfjf64} good day all
[15:42] {Threei} FMCN nice move
[15:43] {Threei} too bad we dodn't go for second entry on pullback to 18
[15:43] {Threei} take care jf
[15:44] {Threei} okay guys, gotta leave to collect patience and her backpack
[15:44] {Threei} nice day
[15:44] {Threei} have a good evening, see yo tomorrow
[15:44] {shorty} Latter
[15:46] {larisa} bye :)

Tuesday, March 30, 2010

Tue Mar 30 2010

Total boredom with nothing happening, as market prepares for... insert your version. Mine is, march toward and above 11,000. Scalp here, stop there, with the day ending slightly negative.

Session Time: Tue Mar 30 00:00:00 2010
[03:43] {KSystems} Morning!
[07:57] {Threei} GR) ECB's Makuch: Reiterates that IMF Greece aid is a last resort
[07:57] {Threei} - IMF Greece involvement not on agenda
[07:57] {Threei} GE) German Steel Federation: Iron ore price increase of 90% would pose a major risk to recovery of steel industry
[07:57] {Threei} - 90% iron ore price increase would burden German steel makers with equal 4.5B in additional costs annually
[07:57] {Threei} ***Reminder: On 03/29 Nippon Steel and Vale reached a tentative agreement for iron ore price increase of 90%. The provisional agreement to set the price of iron ore at about $105/ton for the April-June quarter, up around 90% from all of fiscal 2009.
[08:00] {Threei} (FR) Hearing vague chatter that sovereign ratings of France could be downgraded soon
[08:00] {Threei} - Moody's current rating at Aaa outlook stable
[08:00] {Threei} - S&P current rating at AAA outlook stable
[08:00] {Threei} - Fitch current rating at AAA outlook stable
[08:00] {Threei} ***Reminder: Fitch stated on Mar 9th that amongst larger AAA rated states, the greatest urgency is within UK, Spain and France. Moody's commented back on Mar 16th that France's AAA sovereign rating was "comfortable"
[08:02] {Threei} GR) IMF's Strauss Kahn: Ready to provide loan to Greece if asked; Will impose conditions on any loan - newspaper interview
[08:02] {Threei} - Greece wage cuts and tax increases are the proper course of actions to take
[08:02] {Threei} - Says IMF has no role until it is called upon for action
[08:03] {Threei} poor GNVC
[08:04] {Threei} GenVec Inc. Discontinues Phase III trial of TNFerade
[08:04] {Threei} - Interim Analysis Indicates PACT Trial Will Not Meet Efficacy Endpoint
06[08:52] * nemo slaps Les around a bit with a large trout
[08:52] {ese} GM
[08:52] {nemo} dude
[08:52] {ese} dude
[08:52] {Threei} nemo, ese :)
[08:53] {ese} this might be the time to live on a greek island........seems like it would be really really cheap to live
[08:54] {Threei} AAPL Elan Microelectonics Corp requests ITC investigate devices from Apple which include multi touch enabled touchpads and touchscreens
[08:55] {Les} morning there
[08:55] {Threei} Les :)
[08:55] {Les} I see Nemo's in a feisty mood
[08:58] {Threei} ese, see GNVC?
[09:00] {Threei} *(US) JAN S&P/CASE-SHILLER HOME PRICE INDEX: 145.3 V 145E; COMPOSITE-20 INDEX (Y/Y): -0.7% V -0.7%E
[09:02] {Threei} MIPS Selected by Terawins, Inc for Next-Generation Multimedia ICs (4.39, 0.00, 0.00%)
[09:04] {dino} gm all
[09:04] {Threei} dino :)
[09:05] {shorty} Good morning
[09:05] {Threei} shorty :)
[09:06] {fernp} Good morning everybody
[09:06] {Threei} fern :)
[09:06] {shorty} hello
[09:06] {strider} morning all
[09:06] {Threei} strider :)
[09:06] {strider} :)
[09:07] {ese} ahhhhhhh have got my coffee.......GNVC
[09:08] {Threei} LEN
[09:08] {Threei} Lennar Corp Hearing weakness being attributed to report from Barry Minkow's Fraud Discovery institute
[09:08] {Threei} - FDI has been negative on LEN before, as recently as 1/9; citing the accounting procedures at the company
[09:08] {ese} dn 2 and change vad
[09:09] {Threei} I know... why do you think I mentioned it :)
[09:09] {Threei} [08:04] {Alert} Threei GenVec Inc. Discontinues Phase III trial of TNFerade
[09:09] {Threei} [08:04] {Alert} Threei - Interim Analysis Indicates PACT Trial Will Not Meet Efficacy Endpoint
[09:10] {larisa} gm :)
[09:10] {Threei} larisa :)
[09:10] {nemo} lari :)
[09:10] {larisa} vad, nemo :)
[09:11] {ese} can a penny stock like that be shorted
[09:12] {Threei} often yes,
[09:12] {Threei} this one is not available
[09:12] {dino} ceph, mygn
[09:14] {shorty} Threei, does it matter if there are more buyers then sellers on the ecn pre market?
[09:15] {Threei} eBay Inc Officially unveils two iPhone apps
[09:15] {Threei} - eBays has launched two iPhone selling apps, one for the global marketplace and one for eBays new classifieds site,
[09:15] {Threei} - With the new eBay Selling and eBay Classifieds mobile apps, consumers can easily photograph and list an item in 60 seconds or less.
[09:15] {Threei} on level 2 you mean?
[09:15] {shorty} No, the ecn book
[09:15] {shorty} or is that level 2?
[09:15] {Threei} yes and no...
[09:16] {Threei} wait for your scalping course, it's described there
[09:16] {Threei} it's not something I can answer in a few lkines
[09:16] {shorty} Thanks.
[09:16] {Threei} requires certain concepts to be discussed
[09:17] {shorty} I did some reading yesterday, it feels like I am starting as a new trader all over again.
[09:17] {gen} gm all
[09:17] {Threei} gen :)
[09:17] {gen} :)
[09:23] {lasertrev} morning
[09:23] {Threei} trev :)
[09:24] {Threei} scanner users, you may want to add a window for cheap stocks on the move, we seem to get a lot of those lately
[09:24] {Threei} rta://NewAlertWindow/?O=20000040000000000005000000000000A00011400100000000000010_19_0&QPUD=5&QRUN=0.25&MaxPrice=10&MinRV=1&MinVol=100000&WN=Bullish+Stocks+Under+10+Moving+Up+Fast
[09:25] {strider} MPG
[09:27] {ese} are you thinking long MYGN dino
[09:28] {Threei} GNVC is one horse company or what
[09:29] {ese} definitely
[09:29] {Les} but a bit too low to comfortably short
[09:29] {lasertrev} ese dcc please
[09:29] {Les} unless it is a dead company without its miracle product
[09:30] {dino} y es
[09:30] {jfjf64} mornin
[09:30] {Threei} jf :)
[09:32] {dino} dwa sm l .70
[09:33] {dino} ceph gap fill
[09:33] {Threei} Long Setup: RCL .50 break
[09:34] {dino} ceph sm l .00
[09:35] {Threei} LOCM near yesterday's high .75
[09:35] {Threei} tough one, highly discretionary
[09:36] {Threei} SLXP FDA discloses warning letter dated 3/19 for false or misleading statements on advertisements
[09:36] {Threei} RCL invalidated
[09:40] {Threei} CAST
[09:40] {Threei} momo canddate
[09:40] {jfjf64} mu
[09:41] {Threei} .50 long
[09:41] {jfjf64} ya lk vad
[09:41] {Threei} riskyt as all locos
[09:41] {dino} dwa stopped
[09:41] {dino} ceph stopped
[09:42] {nemo} morning volatility in a relatively range bound market...oy
[09:43] {Threei} stop under .30
[09:43] {Threei} target closer to 9
[09:44] {Threei} Yesterday 17:17 CAST Reports Q4 $0.13 v $0.10e, R$16.5M v $17Me
[09:44] {Threei} - Guides FY10 F$78-80M v $74Me
[09:44] {Threei}
[09:44] {Threei} 07:02 CAST To acquire third accredited private university in China for $66.2M
[09:44] {Threei} - The acquisition, which represents the Company's third university transaction
[09:45] {dino} dwa l .50
[09:45] {Threei} .50 - .55 break should send it to about .70 for first partial
[09:46] {dino} sm l vprt .15
[09:47] {Threei} Long Setup: IMAX .90 break
[09:47] {Threei} if stays above .80
[09:49] {Threei} NOVL Hearing takeover chatter circulating
[09:49] {Threei} - IBM rumored as a potential acquirer (5.84, +0.09, 1.57%)
[09:50] {Threei} no go CAST
[09:50] {nemo} whaaa
[09:50] {Threei} IMAX is not a scalp
[09:51] {jfjf64} wfc vad ya lk
[09:51] {Threei} not really
[09:52] {Threei} on pullback, maybe
[09:52] {jfjf64} mean either lol
[09:52] {jfjf64} grrr was watchin fcx 84
[09:53] {dino} ceph sm l .35
[09:53] {fernp} WMT if break 16.00, Vad?
[09:53] {fernp} 56.00
[09:53] {Threei} yes
[09:55] {Threei} 70 points to 11K
[09:55] {Threei} come on IMAX, tear down that wall
[09:55] {dino} :)
[09:56] {strider} consumer confidence at 10
[10:00] {Threei} US) MAR CONSUMER CONFIDENCE: 52.5 V 51.0E
[10:00] {Threei} prior revised higher from 46.0 to 46.4
[10:00] {shorty} Too late for IMAX Threei?, for me that is.
[10:00] {Threei} our consumer is the most confident consumer in da world
[10:00] {Threei} it's at 1:1
[10:01] {Threei} of course its late
[10:01] {Threei} half out IMAX here
[10:01] {Threei} .03
[10:02] {Threei} stop to under .90
[10:02] {jfjf64} fcx
[10:02] {strider} long FDX .18
[10:02] {strider} long WMT.96
[10:05] {Threei} in a perverse way, I think high consumer confidence works against WMT
[10:05] {Les} i understand what you're thinking
[10:05] {RonS} yes
[10:06] {strider} seems to
[10:06] {nemo} it's not perverse...everybody wants to think of themselves as upscale
[10:06] {nemo} Walmart...never....I go to Target :)
[10:07] {ese} are you upscale nemo
[10:07] {nemo} nope
[10:08] {shorty} Target, I wish we had it in Canada.
[10:08] {nemo} We actually have something worse in this area than Walmarts...Building 19
[10:08] {nemo} Come to think of it, you get your best prices on ammo in Walmart
[10:08] {RonS} area 54?
[10:09] {nemo} Now that's I wrote building 19 I had exactly the same afterthought
[10:10] {Threei} scalpers win on IMAX
[10:10] {strider} stop -.09 IMAX
[10:12] {dino} mygn sm l .25
[10:15] {Threei} strider... what??
[10:15] {strider} what what?
[10:15] {nemo} -.09 stop
[10:15] {Threei} how do you manage to get -.09 on a stock that went over 1:1, was partialed out and stop was tailed to breakeven??
[10:16] {nemo} you forget who you're talking to
[10:16] {Les} no, that's me fool
[10:16] {shorty} lol
[10:16] {nemo} pot calling the kettle black
[10:16] {dino} fwiw strider, i only got .04
[10:18] {strider} thanks, vad. I feel a lot better now.
[10:18] {nemo} schadenfreude
[10:19] {RonS} marquee de sade
[10:20] {Threei} I am trying to understand whether I was unclear abut how to manage the trade
[10:20] {strider} stop WMT -.07
[10:20] {strider} No.
[10:20] {nemo} language barrier
[10:21] {strider} I goofed getting in at .94.
[10:21] {strider} Was holding for 2:1
[10:22] {strider} After it reached 1:1, I moved stop to below b/e
[10:22] {strider} actually, to below nominal entry of .90
[10:24] {Threei} AET new 52 week high
[10:24] {Threei} I guess that answers "who benefits from health care bill"
[10:25] {nemo} it sure ain't gonna' be us
[10:26] {Threei} NYU Economist Roubini: China and India are not large enough to power continued growth in global economy by themselves
[10:27] {Threei} - believes some weaker EU economies may drop out of the union.
[10:27] {Threei} - US growth will slow in 2H 2010.
[10:27] {Threei} - emerging markets followed prudent monetary policies and will likely have 'V' shaped recoveries.
[10:27] {shorty} I guess we need to outsource more jobs then
[10:29] {RonS} wtg mygn dino...
[10:29] {fernp} MAS holding on highs, any read, Vad?
[10:30] {Threei} way too narrow for my taste fern
[10:30] {Threei} struggle for 3 cents
[10:30] {Threei} not even 5
[10:31] {strider} out FDX +.40
[10:31] {dino} so far ron
[10:31] {Les} nice score st
[10:32] {fernp} ok, i'll pass too narrow even for me :-) ty Vad
[10:32] {dino} wtg strider
[10:32] {strider} t'anks.:)
[10:32] {strider} missed the spike, as usual.
[10:32] {strider} missed the spike, as usual.
[10:32] {strider} Gotta work on that.
[10:32] {Threei} wtg strider
[10:32] {strider} :)
[10:32] {larisa} gj
[10:33] {strider} Still holding in another acct. from .17
[10:33] {Threei} crap, things are so narrow, there is no any single clear trade for me
[10:34] {fernp} MYGN .50 break?
[10:35] {Threei} if comfortable with .35 stop
[10:35] {fernp} small shares
[10:35] {shorty} JASO is strong today
[10:36] {strider} PEP
[10:37] {Threei} SQNM?
[10:37] {Threei} no news that I see
[10:37] {shorty} wow
[10:37] {Les} wow. I wanted to short it 10 mins ago
[10:37] {nemo} trader toy
[10:38] {ese} I ain't found nutuun ya heearah nuttun
[10:39] {Threei} SQNM Strength attributed to positive chatter regarding new potential testing technology for Down's Syndrome (16.83, +0.52, 3.19%)
[10:39] {strider} VZ maybe
[10:39] {nemo} I think RIMM might do something...200 ma is forming perfect downward wedge on he current range
[10:40] {nemo} currently at 74.05 or so
[10:41] {Les} out MAS +.05 ty fern
[10:42] {fernp} yw
[10:42] {Les} dino, u got target in mind for mygn?
[10:42] {fernp} out MYGN +.15
[10:43] {Les} for sell trigger?
[10:43] {Threei} pullback SQNM
[10:43] {Threei} wtg fern
[10:43] {fernp} ty
[10:43] {Threei} should be a bounce from under .50
[10:43] {Threei} .40 -.45 zone
[10:45] {dino} mygn to .56
[10:45] {dino} out .60, +.35
[10:46] {Les} ok out ty
[10:48] {dino} vprt sm l .25 trig
[10:50] {Threei} this is not my market at all
[10:50] {Threei} it needs to start doing something for me to start finding plays
[10:52] {Threei} one more leg down SQNM
[10:53] {Threei} desirably shrp dive into .445
[10:53] {Threei} .45
[10:53] {RonS} ...always reminds me of this:
[10:53] {dino} nor mine 3i, getting stopped all over
[10:54] {nemo} Chuangtse Vad
[10:54] {Threei} well, it's can't stay like this for too long
[10:54] {Threei} tension of uncertainty is too high
[10:54] {Threei} someone will blink very soon, and standoff will resolve into stunning move
[10:54] {Threei} and my bet is, it's going to be a move up
06[10:55] * Threei offers yet another bet of Innis&Gunn vs. carrot juice
[10:55] {Threei} ok SQNM, drop vertically
[10:55] {Threei} this slow slide is not very convincing for me to enter
[10:57] {Threei}
[10:58] {magoo} hello
[10:58] {fernp} hi mags
[10:58] {Threei} hey mags
[10:58] {nemo} mags
[10:58] {Threei} missed two your kind movers yesterday
[10:58] {Threei} FONR and SERV
[10:58] {Threei} none today yet
[11:00] {dino} tndm l .05
[11:00] {shorty} ZION Threei?
[11:00] {fernp} BVN .60 break you think is a valid breakdown, Vad?
[11:00] {magoo} sigh
[11:00] {Threei} ZION is most likely short, with markert help
[11:01] {Threei} so's BVN
[11:01] {Threei} but both will requirte market breakdown
[11:01] {nemo} qcom too
[11:01] {Threei} if we stay locked as we were, it's all rinse world
[11:01] {shorty} I learned a lot from yesterday
[11:02] {Threei} here is one more thing you taxpayer are on hook:
[11:02] {nemo} about proper lubrication?
[11:02] {Threei} NSANY Reportedly prices its Leaf electric car at $32,780, priced $25,280 after a US federal tax credit
[11:02] {shorty} Any good ones nemo?
[11:02] {Threei} EUR/USD Moves below Feb lows at 1.3430; approaching the 1.3410 Sunday opening gap level
[11:03] {dino} vxx l .64
[11:03] {nemo} well, this is resolving downward
[11:03] {Threei} didn't mean 2 points S&P, and didn't mean right now
[11:04] {Threei} GR) Greece Debt Chief: Planning to sell T Bills in April
[11:04] {Les} yeh, took my first short - fitb - for the day
[11:04] {Threei} I am talking about big pictureK top or move to and above 11K
[11:04] {nemo} I understand, but this is a "relatively" big move. Pullbacks are probably the play for the day
[11:04] {gen} bye all
[11:04] {gen} gotta go
[11:04] {Threei} take care gen
[11:04] {strider} short BVN.60
[11:04] {RonS}
[11:04] {shorty} bye
[11:04] {gen} was a good day
[11:04] {gen} :)
[11:05] {dino} gj gen, cya
[11:05] {Threei} PWER US appeals court affirms ruling in favor of PWER in patent appeal brought by Artesyn
[11:06] {Les} ty out ZION +.10 whoever mentioned it
[11:06] {shorty} yw Les
[11:06] {nemo} btw...96 has been a VERY important level for FAS over the last few days, likely bounce in that area or a FAZ play for the more squeamish
[11:07] {dino} tndm stopped -.07
[11:07] {shorty} I did not play it though. I missed my entry.
[11:07] {Threei} Short Setup: RIMM 74 break half lot
[11:08] {Threei} too far from there now
[11:08] {Threei} would rather look for aggressive entry
[11:08] {Threei} Short Setup: RIMM .15 break half lot
[11:09] {Threei} invalidated too
[11:09] {strider} stopped BVN -.05
[11:09] {Les} faz for .04 cents yippee...
[11:09] {nemo} short or long
[11:10] {Les} catching the pullback
[11:10] {Les} s
[11:10] {Les} still, 2k and 2 mins. makes it more interesting than burger flipping
[11:11] {Les} spy
[11:12] {dino} indeed
[11:12] {larisa} burger flipping is the only alternative? :)
[11:13] {Les} that or you can clean
[11:13] {larisa} lol
[11:13] {magoo} markets open full day friday..good friday? what about monday after easter?
[11:14] {RonS} closed friday, open mon
[11:15] {RonS} but, labor report out on friday...go figure.
[11:15] {nemo} great
[11:15] {Les} vad, faz .50 b/d. if finnies reverse here could be good catch
[11:15] {Les} ?
[11:15] {nemo} so we'll have a big gap monday either way
[11:15] {RonS} futures half day friday
[11:16] {Les} wary of faz b/o from here. would need to be serious selloff
[11:17] {strider} long FDX .50
[11:19] {dino} out vxx .76, +.12
[11:20] {nemo} 96 serious battleground on FAS
[11:20] {strider} stop FDX -.11
[11:21] {Threei} doesn't look to be in cards yet, Les
[11:22] {Les} ok
[11:22] {shorty} WFMI thoughts? Late to the short party I think.
[11:22] {dino} mygn l .50
[11:23] {nemo} so...puttin' away the 11k party hat for today vad?
[11:24] {larisa} moving it from desk drawer to the winter closet :)
[11:24] {nemo} don't forget the mothballs
[11:24] {nemo} it's about time for that joke dino
[11:27] {dino} lol
[11:27] {dino} vprt break of .00 sm l
[11:28] {strider} +.14 scalp FDX
[11:28] {dino} gj
[11:29] {Threei} for today, yes
[11:30] {Threei} so larisa...
[11:31] {Threei} confident enough to risk that bet?
[11:31] {RonS} calls hot on HOT, apr 48's
[11:32] {strider} Guess who's on TV (OOOOOOOOOOOOO)
[11:33] {RonS} hilary in canada
[11:33] {Threei} (EU) EU Steel Lobby reportedly asks EU Commission to work to halt speculation in raw materials (related SLX IYM )
[11:33] {Threei} yes... let's halt the speculation
[11:33] {Threei} it's easy: close the markets and designate the price
[11:33] {dino} idiots
[11:33] {Threei} I know the country that did that
[11:33] {RonS} OPEC trying to do same w/ oil price
[11:34] {Threei} very succesfully too
[11:34] {Threei} up the day it collapsed that is
[11:34] {dino} well, when chavez is your hero
[11:35] {Les} you got a read on RIMM vad?
[11:35] {Threei} not really
[11:35] {Threei} it looks to me like short
[11:35] {Threei} but confidence level is far from what I need to put on a trade
[11:35] {Les} ah its b/d, couldn't tell
[11:35] {Les} understood
[11:42] {RonS} SQNM winding up for another run?
[11:42] {Threei} with pace slowing down like this, impossible to tell
[11:43] {Threei} that was actually what prevented me to going long on it even as it dropped into the price I wanted
[11:45] {Threei} this news is continuation of what sparked FONR yesterday:
[11:45] {Threei} (US) FDA staff member claims FDA suppressed imaging safety concerns - Seattle Times
[11:45] {Threei} - A former Food and Drug Administration scientist says he was fired after raising concerns about the risks of radiation exposure from high-grade medical scanning. Dr. Julian Nicholas told an audience of imaging specialists that he and other FDA staffers "were pressured to change their scientific opinion," by managers.
[11:45] {Threei} ***Reminder: On 03/28 the New York Times reported that the FDA ignored warnings from medical experts concerning the risks related to the use of CT scans on colon cancer patients. In one particular case, documents show that the FDA's managers sought to approve an application by GE to allow the use of CT scans for colon cancer screening, despite numerous objections from agency scientists, who wanted the application to be rejected.
[11:45] {Threei} ***Note: The FDA will conduct a two-day public meeting, March 30 and 31, entitled: "Device Improvements to Reduce Unnecessary Radiation Exposure From Medical Imaging." The meeting will discuss steps manufacturers of devices used in computed tomography (CT) and fluoroscopy can take that would help reduce unnecessary patient exposure to ionizing radiation during CT/fluoroscopic procedures.
[11:45] {Les} so what about all the airport scanners. they don't add to the problem?
[11:46] {Threei} let's keep FONR on a backburner
[11:46] {Threei} this story may still have legs in the future
[11:47] {Threei} btw, everyone remembers we have a short week?
[11:47] {Threei} Fri is off
[11:48] {shorty} Short ZION 21.73
[11:48] {Threei} where is the stop?
[11:49] {shorty} .78
[11:53] {shorty} Would you trail the stop to my entry now Threei?
[11:53] {Threei} just above... you got 1:1
[11:53] {shorty} Thank you.
[11:54] {dino} vprt to .75
[11:54] {RonS} sheesh...why have we not be on AEN?
[11:54] {dino} to .80
06[11:54] * Threei slaps shorty around a bit with a large congratulation to nicely spotted and executed trade
[11:54] {shorty} lol
[11:54] {Threei} TM US President Lentz: our sales in US are up 35% in March
[11:55] {dino} out slipped to .73, +.73
[11:55] {Threei} Ron... AEN is takeover rumor - YESTERDAY'S, lol
[11:55] {RonS} I believe it. I am seeing them everywhere. People must be jumping on the deals.
[11:55] {Threei} crap flying
[11:56] {Threei} often happens near the top
[11:56] {Threei} SQNM new high
[11:57] {dino} wow glad had stop in
[11:57] {dino} out mygn .70, +.20
[11:58] {Threei} Toyota Motor Corp US President Lentz
[11:58] {Threei} - does not intend to keep in place the strong incentives it is currently offering.
[11:58] {Threei} - comments that loyal Toyota owners are coming back, but still having difficulties winning over new buyers.
[11:59] {shorty} I went with a Ford
[12:00] {Threei} haven't left Nissan from 2003
[12:00] {shorty} Pathfinder?
[12:00] {Threei} Murano
[12:00] {dino} durango
[12:00] {RonS} ...nice
[12:01] {Threei} latest model is beyond stunning
[12:01] {Threei} and oh those numerous toys
[12:01] {shorty} I like trucks. Would like to get the new F350
[12:02] {nemo} oy vay
[12:02] {dino} thats a big truck
[12:02] {nemo} turbo diesel dueley
[12:03] {shorty} Not the dual, but yes the diesel
[12:03] {strider} Kawasaki
[12:03] {dino} ron, you were right on hot
[12:03] {nemo} well, as long as you can afford the fuel after Obama and this congress get's done with the climate change legislation
[12:04] {fernp} BMW x5
[12:04] {shorty} If you can't afford the fuel, you can't affor the vehicle.
[12:04] {fernp} here
[12:04] {magoo} i have to pick up kids, see u all tomorrow early
[12:05] {fernp} bye magoo
[12:05] {shorty} Bye Magoo
[12:05] {Threei} take care mags
[12:05] {nemo} Magus
[12:06] {Les} wow mags has kids
[12:06] {Les} makes him more human
[12:06] {fernp} lol
[12:06] {nemo} you haven't seen his kids
[12:07] {nemo} hey vad...edit that will ya'
[12:07] {larisa} you have to pay for that :)
[12:07] {Threei} lol
[12:07] {nemo} It's not that big a deal
[12:08] {Les} wow, didn't see RIMM take off
[12:10] {RonS} dino, is a public site. Najarian brothers are tied to a direct feed that tracks up to 200k/sec of options activity. Most significantly they discern if that activity is at the bid/ask or midpoint. Consequently they can tell if the trade is bullish or bearish. Noone else can do this that I know.
[12:11] {larisa} reading article on Forex, on the side pops up lady in red dress with "find the russian lady" sigh :) I thought it is in the past already..
[12:11] {Threei} you haven't see my spam box larisa
[12:11] {larisa} I do not want to :)
[12:12] {Threei} russian ladies outnumber any other ethnicity by facot 10
[12:12] {dino} ty ron
[12:13] {RonS} "that's not a lady, that's my wife"
[12:13] {nemo} reminds me of a stupid line from a J Geils song...
[12:13] {nemo} Haven't thought of it in thirty years
[12:13] {dino} dwa just can't get thru .50
[12:14] {RonS} ...first I look at the purse
[12:14] {dino} i was thinking peter sellers. does your dog bite...
[12:14] {nemo} it's a precious steinway
[12:16] {RonS} dino, another has delayed rporting most of the time vis their paid srvices. For some reason HOT report was timely, therfor unusual...
[12:16] {dino} looking at it
[12:17] {RonS} have to register but they only solicit you about once a month. I enjoy their morning outlook...
[12:17] {dino} ty
[12:19] {Threei} Ron, our scanner has alerts for options volume 10 vs normal, for 5 to 1 and 10 to 1 put/call or call/put ratio
[12:21] {dino} wow vprt dropped about 80 cents
[12:23] {strider} See you guys and gals tomorrow. Gotta run.
[12:23] {dino} cya
[12:23] {fernp} bye st
[12:23] {shorty} Bye Strider
[12:23] {strider} :)
[12:23] {Threei} tak care strider
[12:23] {strider} thankee.
[12:25] {larisa} bye strider
[12:25] {Les} ciao st
[12:25] {Threei} National Sales Tax Still Unpopular
[12:25] {Threei} is it ever?
[12:26] {Threei} 36% Haven't Filed Their Income Taxes Yet
[12:26] {Threei} they don't pay any?
[12:27] {RonS} ...much of that info, while good, is tough to act on since you do not know if the trades are being bought at the ask or sold at the bid. That is critical info to discern the directional bet being played. Also many times the activity reads are straddle and strangles which are directionally worthless. Not being critical of any info per se,
[12:27] {RonS} ...but what these guys do is unique.
[12:28] {dino} pwrd l .99
[12:28] {Threei} well, my assumption is:
[12:29] {Threei} when strategy in the scanner is named "10 to 1 put/call ratio and heading lower", you pretty much know the direction
[12:29] {Threei} the rest is watching the stock and finding your play
[12:31] {Threei} ACAS
[12:31] {Threei} nears 5 resistance on daily
[12:32] {Threei} scalp type I candidate
[12:33] {nemo} yeah if this breaks 5
[12:39] {dino} pwrd stopped
[12:39] {nemo}
[12:41] {jfjf64} vad had chance to look at your photos think ya in wrong buizz they were very nice
[12:41] {Threei} ty
[12:41] {Les} ACAS .04 beggars can't be choosers ty vad
[12:41] {Threei} lol Les
[12:42] {jfjf64} no joke impreesive
[12:42] {Les} 5k
[12:42] {Threei} that's how it's done
[12:42] {shorty} It's all in the camera jfj64
[12:42] {jfjf64} rimm liken .86
[12:43] {Les} nice rinse out dino pwrd. I was stopped as well.
[12:43] {RonS} ...nemo: Such is the human race, often it seems a pity that Noah... didn't miss the boat.
[12:43] {RonS} Mark Twain
[12:44] {nemo} :)
[12:44] {Les} well if they're in their right frame of mind, they won't let Nemo on the next one...
[12:44] {nemo} I'm a demon in physical form, it's irrelevant
[12:44] {dino} bummer les
[12:45] {Les} was a nice chart that tempted me long dino
[12:45] {dino} probably do it now w/o us
[12:45] {nemo} Re: Mark Twain: his time capsule will be opened on April 21st. He said before his death, opening the capsule would reveal a literary coup
[12:45] {nemo} My bet, he reveals he is the author of Alice in Wonderland
[12:45] {Threei} IRE...
[12:46] {nemo} wow
[12:47] {Les} this has gotta be the top. so much crap is flying....
[12:47] {Les} fingers crossed
[12:47] {RonS} blimey or blarney
[12:48] {Threei} it may continue for a while Les
[12:48] {Threei} when they start hitting hjard stocks 1 day from being delisted, you know they scrapped the bottom of the barrel
[12:48] {jfjf64} any takers with me rimm.86
[12:48] {Threei} ACAS btw, is one of those, lol
[12:49] {Les} just gimme the setup, crap or otherwise. mind you, reversal and new trend makes trading easier
[12:49] {RonS} LONDON (MarketWatch) -- Ireland'sNational Asset Management Agency said it will accept 16 billion euros of risky loans from Irish lenders at an average discount of 47%, including taking on 3.29 billion euros from Allied Irish Banks (AIB:$3.8000,$0.2200,6.15%) at a 43% haircut and 1.93 billion euros from the Bank of Ireland at a 35% discount.
[12:51] {RonS} aib pulling back
[12:52] {Threei} (US) Former Fed Chairman Volcker: Optimistic that the financial reform legislation will receive both House and Senate support (related XLF )
[12:58] {dino} pwrd
[12:59] {dino} sm l ctrp .26
[13:01] {Threei} ACAS hit 1:1 nicely before retreatingh
[13:02] {shorty} At what price did you buy ACAS Threei?
[13:02] {Threei} 5
[13:02] {Threei} 5.05 out
[13:02] {Threei} big shares
[13:02] {Threei} scalp type I, aka "ese bread and butter play"
[13:03] {shorty} I see
[13:03] {shorty} I need "ese account" to do that.
[13:03] {Threei} anyone see anything on CRUS?
[13:03] {Threei} you need decent margin
[13:04] {RonS}
[13:04] {Threei} with 1:10, even 5K account enable you to paly 5-&K on this kind
[13:04] {shorty} 4 to 1 for me.
[13:06] {dino} reload pwrd .00
[13:06] {Threei} Toshiba Corporation Planning to end foreign production of LCD panels
[13:06] {Threei} meanong, move back to japan, from Malasia etc?
[13:08] {Threei} yup
[13:08] {Threei} selling Singapore plant to AU Optronics
[13:08] {Threei} Honda Motor Co. Ltd To Consolidate Parts Procurement In Emerging Nations - Nikkei
[13:08] {Threei} - Plans to shift automobile parts procurement to emerging markets, moving away from suppliers in developed nations and consolidating purchases to cut costs by roughly 10%.
[13:09] {Threei} could CAAS be the beneficiary?
[13:09] {Threei} [CAAS] China Automotive Systems, inc.
[13:10] {ese} hey all....not doin much today....been distracted ...too shows to do this week with my high sch band......
[13:12] {shorty} High school band?
[13:13] {dino} ese is a freshman
[13:13] {shorty} Where is my paddle?
[13:14] {ese} Here it is on the link
[13:14] {Threei} my fault shorty... I told him a few months ago girls liked guys playing in the band
[13:14] {Threei} so he went and started one
[13:15] {Threei} but whaever keeps him off the streets
[13:15] {shorty} lol
[13:15] {ese} vad's the coach.....what can i say
[13:16] {shorty} I play classical guitar ese.
[13:16] {ese} Link to my professional band The Midnights
[13:17] {ese} neat! I was with 4 symphony orchestras here in Canada....Regina, Winnipeg Calgary one show and Victoria 11 years
[13:18] {shorty} wow. that is impresive ese.
[13:18] {ese} I'm the drummer in the Midnights
[13:18] {ese} keeps me off the streets
[13:19] {nemo} yeah...leaves more opportunity for Vad
[13:19] {shorty} I want to put my daughter in drums, jazz. She is only 4 though.
[13:19] {nemo} she should fit then
[13:19] {shorty} lol
[13:19] {nemo} :)
[13:19] {nemo} rimm shot ese
[13:20] {ese} ba dap bap!!!!!!!
[13:21] {nemo} ese dcc
[13:22] {shorty} ese, I use to work at a recording studio. I miss it. I had to quit because my wife makes good money, so I am a stay @ home dad
[13:24] {nemo} fas at 96 again
[13:34] {ese} I used to do that as well shorty late 70's early 80's....that dried up really quick for drummers when the Yamaha DX7 deyboard came out
[13:35] {Threei} so ese went to trade... and what do you know, never looked back
[13:35] {shorty} I remember that, but I was young then....hehe
[13:36] {shorty} I remember talking to a producer once and he said the best drummers are the one you don't hear, if you can understand that.
[13:37] {Threei} hey, I am the best then
[13:37] {shorty} Kepp teling yourself that Threei.
[13:37] {Threei} not only you can't hear me drumming - I am not even a drummer! Beat that!
[13:37] {ese} depends on the gig.......last time vad came out to see me he could really hear me......blues festival
[13:38] {Threei} jokes aside, it was awesome ese
[13:38] {ese} L ABIO .79
[13:38] {Threei} gave a good exrcise to my camera, too
[13:39] {shorty} I played for free back in the day. I went to as many open jam nights as I could.
[13:39] {ese} remember those pictures you took well i'm going to be contacting you in a week or so to possiblly use them on a promo package
[13:39] {Threei} I'll be honored
[13:40] {RonS} best drummer i have seen:
[13:41] {Threei} we seriusly need some hot news mover
[13:41] {Threei} 2 bucks, going to 6
[13:41] {Threei} 5K play
[13:41] {nemo} oh yeah...cobham
[13:41] {Les} ms 29 b/d?
[13:42] {Threei} 51/49
[13:43] {Les} i like those odds. s .98 half shares
[13:45] {ese} he's one of my fav's as well Ron........although these days i'm a Vinnie Coliuta fan....he's been with everyone but lately with Jeff Beck
[13:48] {ese} 15min chart looks real good for abio assuming the market stops buggaring around and does go up
[13:49] {RonS} ese, i will check him out. all should check out this guy:
[13:50] {RonS}
[13:50] {nemo} I thought the eldar were elves?
[13:50] {shorty} lol
[13:51] {Threei} CRUS continues climbin
[13:51] {Threei} thought of .40 break but it was so darn slow
[13:51] {dino} rdc
[13:51] {shorty} out of ZION too soon
[13:52] {RonS} ...cut his teeth in Russia on Oscar Peterson. gotta love that. another great canadian
[13:52] {Threei} RDC Movers higher after disclosing considering spinning of land drilling operations (28.06, +0.43, 1.56%)
[13:53] {dino} open to merger
[13:54] {shorty} One of my favorite pieces:
[13:55] {shorty} ese and Ron
[13:58] {ese} i'm hopin thats you shorty
[13:59] {shorty} lol...I have been working on that for a couple of years, off and on.
[13:59] {dino} out pwrd .18, =.18
[14:00] {Threei} Market Internals update at 2:00ET
[14:00] {Threei} - NYSE volume 525M shares, about 15% below its three-month average; decliners lead advancers by 1.2:1.
[14:00] {Threei} - NASDAQ volume 1.35B shares, about 1% below its three-month average; decliners lead advancers by 1.1:1.
[14:00] {Threei} - VIX index -0.25% at just over 17.50
[14:00] {dino} +.18
[14:00] {Threei} even NASDAQ volume went under the average
[14:01] {dino} holiday week
[14:02] {ese} Ok...stops in on abio......gotta go all cya tomorrow
[14:03] {Les} ciao
[14:03] {lasertrev} see ya ese
[14:03] {ese} see ya
[14:03] {shorty} Bye ese
[14:03] {shorty} MYGN, a good short from here?
[14:03] {Threei} take care ese
[14:03] {dino} cya es
[14:07] {dino} mygn, holds well imo
[14:07] {fernp} COV nice and tireless uptrend
[14:07] {shorty} I was going to say, that answers my question.
[14:07] {fernp} I scalped 50 break, now seems idiot waht i did
[14:08] {nemo} muy loco
[14:08] {fernp} very
[14:11] {Threei} FUQI Ticks higher on chatter that company could soon file its previously delayed annual report (10-K)
[14:11] {Threei} - reminder: the stock fell 35% when it announced it would delay its 10-K filing (11.16, -0.08, -0.71%)
[14:12] {Les} reminds me of sponge bob
[14:13] {Les} spnge
[14:17] {Threei} ADBE Google plans to build Flash into its Chrome browser - CNET (35.58, -0.16, -0.45%) (related GOOG )
[14:17] {fernp} STX on lows, you think .20 break is valid breakdown, Vad?
[14:18] {Threei} I like it, but for scalp only
[14:18] {Threei} daily gets overstrethced
[14:18] {fernp} stop is 30, no?
[14:19] {Threei} can use .28 if very stingy
[14:19] {fernp} i'll do. ty
[14:23] {Threei} I don't remember such boring and empty day in a good while
[14:23] {jfjf64} thats being kind
[14:24] {nemo} rimm bounce drop or stagnate?
[14:24] {Threei} SOLF
[14:24] {Threei} lame C&H
[14:24] {Threei} .66
[14:24] {Threei} stop under .60 for superstingy superpesky superscalpers
[14:25] {Threei} under .57 for just stingy just pesky just scalpers
[14:25] {fernp} ty for advice
[14:25] {Threei} which of them?
[14:25] {fernp} .60 stop :-)
[14:26] {nemo} he's like the scarecrow hanging on the pole when Dorothy asked directions
[14:26] {Threei} hehe
[14:26] {fernp} 1:1 for me
[14:26] {fernp} ty
[14:27] {Threei} 1:1 for super-everything
[14:27] {Threei} welcome :)
[14:31] {Threei} over 1:1 for just-everything
[14:31] {jfjf64} i didnt see call
[14:31] {Les} ms stopped
[14:31] {Threei} [14:24] {Threei} SOLF
[14:31] {Threei} [14:24] {Threei} lame C&H
[14:31] {Threei} [14:24] {Threei} .66
[14:32] {nemo} go figure
[14:32] {jfjf64} lol
[14:32] {jfjf64} got it
[14:32] {jfjf64} ty
[14:32] {nemo} maybe that's part of the confirmation crap flies at the top
[14:32] {dino} ceph to .73
[14:32] {jfjf64} 5k of those buggers
[14:33] {Threei} I am confused
[14:33] {jfjf64} made this boring NICE NICE
[14:33] {Threei} you didn't see the call but took it?
[14:34] {jfjf64} i see all 3i
[14:34] {dino} 4i, huh
[14:34] {jfjf64} dino how r u
[14:34] {Threei} okay... where is my scotch
[14:34] {dino} fine, ty
[14:35] {dino} tighten ceph
[14:35] {jfjf64} comon 3i you gettin HOT now
[14:36] {jfjf64} no scotch
[14:37] {jfjf64} im thinkin we get the 11k hats out
[14:37] {dino} out ceph .81, +.46
[14:37] {jfjf64} scotch for dino
[14:37] {jfjf64} gj
[14:38] {dino} all dayer
[14:43] {fernp} 1:1 STX
[14:45] {lasertrev} dino dcc
[14:46] {Threei} dino, don't answer him... last time I did, he insisted on sending me two boxes of fine scotch... I've been dead drunk ever since
[14:46] {lasertrev} lol
[14:47] {jfjf64} 10 min later respond ya must be hittin the bottle again 3i
[14:47] {Threei} trev's fault
[14:47] {Threei} I can't say no to 18 years old glenlivet
[14:47] {Les} is she legal at that age?
[14:48] {jfjf64} ahh nice
[14:52] {Les} ppg 66 break?
[14:52] {Threei} a bit too thin
[14:52] {Threei} and narrow
[14:52] {Threei} unpleasant combination
[14:52] {Les} k
[14:56] {RonS} M squeeze starting?
[14:58] {Threei} could be... I have hard time reading such slow movements
[15:04] {dino} china allows short selling and margin trading tomorrow
[15:04] {dino} april 16th, index futures
[15:05] {dino} incease leverage
[15:07] {Threei} mibbit crapped out?
[15:08] {Threei} 5 disconected
[15:08] {Threei} 6
[15:10] {dino} .
[15:11] {dino} out ctrp .46, +.21
[15:19] {RonS} .
[15:20] {fernp} .
[15:20] {Threei} look at this quiet and almost not trading market
[15:20] {fernp} Good evening everybody. See u all tomorrow
[15:20] {Threei} can youimagine it resolving into anything other than explosion to and above 11k?
[15:20] {RonS} cya fern
[15:20] {Threei} take care fern
[15:20] {dino} cya fern
[15:20] {jfjf64} enjoy fern
06[15:21] * Threei dusts off 11K party hat and squints at larisa
[15:22] {Threei} jf
[15:22] {Threei} want a tarde?
[15:22] {Threei} Short Setup: RIN .20 break
[15:22] {Threei} half lot
[15:22] {Threei} RIG
[15:22] {Threei} sorry
[15:22] {Threei} if stays under .30
[15:23] {larisa} not only drunk but squint-eyed ?
[15:23] {dino} vxx l .50\
[15:23] {Threei} yeah... can you imagine how screwed up my life is?
[15:27] {dino} nuva
[15:31] {dino} vxx stopped -.05
[15:38] {dino} vprt l .00
[15:41] {shorty} I think I made enough to buy lunch at IKEA.
[15:42] {dino} trail tight
[15:42] {Threei} interesting choice of luncheon
[15:43] {dino} to .20
[15:43] {dino} .23
[15:43] {nemo} store
[15:43] {shorty} When I break 25k, that is where I am taking you to lunch Threei
[15:43] {dino} .26
[15:43] {nemo} lucky you Vad
[15:43] {dino} .29
[15:43] {Threei} from where?
[15:43] {Threei} I mean how far to 25K?
[15:43] {dino} slip, ave .25, +.25
[15:44] {shorty} I am at 4k right now, so you are lucky.
[15:44] {Threei} oh good
[15:44] {Threei} I may have my lunch sooner than I get really reallu hungry
[15:44] {Threei} weight loss, here I come
[15:45] {shorty} Monday it's $2.99 15 meatballs with fries.
[15:45] {dino} making me hungry
[15:45] {RonS} swedish meatballs?
[15:46] {dino} as long as not moth balls
[15:46] {RonS} frys w/ mayo?
[15:47] {larisa} yikes
[15:47] {dino} what do you have with one moth ball here and one moth ball
[15:47] {KSystems} Kttbullar.
[15:47] {larisa} lol
[15:47] {shorty} swedish meatballs, not the Sedin twins Vad.
[15:47] {dino} pretty big moth
[15:48] {RonS} mothra
[15:50] {RonS}
[15:50] {dino} via
[15:51] {nemo} finally, the moth joke
[15:51] {nemo} was bedeutet Kottbullar
[15:51] {dino} :D
06[15:51] * larisa sprinkling some dust at vad's 11k hat
[15:51] {larisa} what a boredom
06[15:51] * Threei quickly hides the hat behind his back
[15:52] {Threei} I'll need it tomorrow
[15:52] {Threei} or on Thirsday
[15:52] {KSystems} Kttbullar is how they call swedish meatballs here
[15:52] {KSystems} I think the Swedish call it the same, except they strike through their o :D
[15:53] {Threei} and how do they call very large moths?
[15:53] {KSystems} Monstermotten.
[15:53] {Threei} lol
[15:54] {shorty}
[15:54] {RonS} ...that was hilarious...
[15:54] {dino} lol
[15:55] {KSystems} what the...
[15:55] {dino} mygn l .60
[15:55] {shorty} Have a good night everyone.
[15:55] {Threei} take care shorty
[15:55] {KSystems} somehow this reminds me of that:
[15:56] {Threei} hey, just 8 hours left till next episode of Lost
[15:56] {Threei} I can do it
[15:57] {dino} out .67, +.07
[15:57] {dino} cya shorty
[15:58] {Threei} this Mothra thing is funny
[15:58] {RonS} ks, that guy was sounding like Obama...and then the Ed Wood classic...
[15:59] {KSystems} what guy?
[15:59] {Threei} okay guys
[15:59] {RonS} the intro guy
[15:59] {Threei} very very boring day
[15:59] {KSystems} guys everywhere
[15:59] {KSystems} ahh :)
[15:59] {larisa} bye :)
[15:59] {Threei} have a good evening
[15:59] {Threei} see you tomorrow
[15:59] {KSystems} good night vad
[15:59] {RonS} bye all

Monday, March 29, 2010

Mar 29 2010

Very narrow day with few tradeable moves. Couple small stops and nice size win on LOCM on "official" calls side, a few nice discretionary trades, with CHK being the best, and then as icing on a cake two momo movers - FONR and SERV. Junk knows how to fly.

Session Time: Mon Mar 29 00:00:01 2010
[07:26] {KSystems} good morning
[07:26] {KSystems} hope you had a good weekend
[08:15] {nemo} I'll be in and out working on my ark today
[08:20] {strider} Rain, huh?
[08:21] {nemo} just like two weeks ago
[08:21] {strider} Had a hard one here last night, too.
[08:21] {nemo} supposed to go until Wednesday
[08:23] {strider} Clearing up here today......sunny for the rest of the week. Hitting mid-70s Wednesday.
[08:23] {strider} Taking a short walk....back in an hour.
[08:26] {Threei} 08:01 MRNA Granted US patent for cell specific delivery of siRNAs
[08:26] {Threei}
06[08:26] * nemo slaps Threei around a bit with a large GOOD MORNING
[08:27] {Threei} is it morning already?
06[08:27] * nemo slaps Threei around a bit with a large Alarm Clock
[08:27] {Threei} I guess...
[08:27] {Threei} US) Preview: Feb PCE Core M/M, PCE Core Y/Y and PCE Deflator Y/Y due at 8:30am
[08:27] {Threei} Consensus expectations:
[08:27] {Threei} - PCE Core M/M: 0.1%e v 0.0% prior.
[08:27] {Threei} - PCE Core Y/Y: 1.3%e v 1.4%
[08:28] {Threei} (US) Preview: Feb Personal Income, Spending and PCE data due at 8:30 am ET
[08:28] {Threei} - Personal Income: 0.1%e v 0.1% prior
[08:28] {Threei} - Personal Spending: 0.3%e v 0.5% prior
[08:30] {Threei} *(US) FEB PERSONAL INCOME: 0.0% V 0.1%E; PERSONAL SPENDING: 0.3% V 0.3%E
[08:30] {Threei} - Prior Personal Income revised XXX from 0.1% to 0.3%
[08:30] {Threei} - Prior Personal Spending revised XXX from 0.5% to 0.4%
[08:30] {Threei} *(US) FEB PCE CORE M/M: 0.0% V 0.1%E; Y/Y: 1.3% V 1.3%E; PCE DEFLATOR Y/Y: 1.8% V 1.8%E
[08:31] {Threei} 08:31 YONG Raises FY10 guidance
[08:44] {Threei} MRNA, quite a run
[08:50] {fernp} Good morning everybody
[08:50] {Threei} fern :)
[08:51] {Les} afternoon all
[08:52] {Threei} Les :)
[08:57] {strider} nemo, is FSC working up there?
[08:58] {Les} anything on the menu vad?
[08:58] {strider} rebooting mIRC.
[08:59] {Threei} MRNA, ABIO
[08:59] {Threei} YONG
[08:59] {Threei} and usual suspects
[09:00] {Les} ty
[09:01] {Threei} USD/CAD (CA) Canada Treasury Board Sec Day: Strong CAD currency is good
[09:01] {Threei} it's official, he is out of his mind
[09:02] {Threei} MNKD
[09:02] {Threei} MannKind Corporation Achieves All Milestones of Research Agreement with Multiple Myeloma Research Foundation to Develop New Therapy
[09:08] {gen} gm all
[09:08] {Threei} gen :)
[09:08] {nemo} gm
[09:08] {gen} :)
[09:08] {gen} :)
[09:09] {Les} hey scumbag
[09:09] {Les} Nemo that is, not gen:)
[09:09] {gen} :(
[09:11] {Les} oops. scumbag has nastier connotations in American slang than Ozzie
[09:11] {nemo} ?
[09:11] {Les} me talking to myself. forget it
[09:13] {shorty} Good morning
[09:13] {Threei} shorty :)
[09:14] {dino} gm all
[09:14] {ese} gm
[09:14] {Threei} dino, welcome back
[09:14] {Threei} ese :)
[09:15] {dino} thx
[09:15] {dino} apol good move/report, watching esi, ceco, cpla, dv off it
[09:15] {Threei} read this guys, and tell me what it reminds you of:
[09:15] {ese} yo dino!
[09:15] {Threei} (EU) IMF's Strauss Kahn: EU could enforce fiscal compliance using aid
[09:15] {dino} yo ho ho es
[09:16] {nemo} sounds like the FEDS telling the states what to do
[09:16] {Threei} I have better analogy
[09:17] {Threei} fiscal compliance using aid - lawyer language for what is well known as "protection money"
[09:17] {dino} carrot and a stick
[09:17] {Threei} ancient method of all mafia dealings
[09:21] {Threei} ese, in case you missed it
[09:21] {Threei} keep an eye on MRNA
[09:21] {Threei} your type of stock, thick and liquid
[09:21] {Threei} patent news
[09:21] {shorty} Thanks Theei
[09:22] {Threei} welcome... for what?
[09:22] {shorty} MRNA
[09:22] {Threei} let's profit from it first :)
[09:23] {shorty} got it
[09:24] {Threei} QCOR Sidoti Initiates QCOR with Buy, price target: $14
[09:24] {larisa} gm all :)
[09:25] {Threei} larisa :)
[09:25] {ese} tks vad will do........
[09:25] {shorty} SNSS Threei? Unusual heavy volume, in the news.
[09:25] {lasertrev} morning
[09:26] {Threei} Friday, March 26, 2010 11:39:03 AM
[09:26] {Threei} Sunesis Pharmaceuticals Inc Hearing Formula Capital's Altucher makes positive comments (timing uncertain)
[09:26] {Threei} *** Reminder back in 12/07 we saw the company move higher on positive phase 2 data results.
[09:26] {Threei} trev :)
[09:26] {ese} you thinkin another aboi vad?
[09:26] {Threei} that's all I see on it, shorty
[09:26] {Threei} well, it's too thick for such a hge move
[09:26] {Threei} ABIO was/is a thin one
[09:27] {nemo} yeah but it's traded almost 900k shares this morning
[09:27] {Threei} and honestly, I am not a bluiever in patnet news a mover, it's usually largely ingored
[09:27] {Threei} ABIO case was abnormality
[09:27] {ese} indeeedeee
[09:27] {jfjf64} mornin
[09:27] {Threei} so, I'd treat MRNA as a mover to read by usual setups
[09:27] {Threei} jf :)
[09:28] {Threei} where news wprkled as a catalyst for activity
[09:30] {ese} jf
[09:30] {Threei} WFC, watchin for pullback
[09:31] {Threei} should be interesting around .20
[09:32] {Threei} .40 break if holding above .30, but only if market spikes sharply
[09:32] {Threei} this kind of entries fails too often
[09:34] {Threei} MRNA...
[09:35] {nemo} abio crash & burn
[09:36] {Threei} WFC, getting more inetersting
[09:36] {nemo} bounce at .15?
[09:37] {Threei} with market reversal
[09:37] {nemo} .20 cross?
[09:37] {Les} our MRNA +.10. it caught my eye too
[09:38] {Les} wfc .25 break?
[09:38] {Threei} I'd prefer .20 but was late to type it
[09:39] {Les} mnkd crappin it
[09:39] {Threei} let's tr to get it on pullback
[09:39] {Threei} with stop under .14
[09:39] {Threei} MRNA pulled back into .40 support
[09:39] {Threei} dive under .40 and recross for long
[09:40] {Threei} Long Setup: WFC .20 break
[09:40] {Threei} if holding above .15
[09:41] {Threei} Long Setup: MRNA .40 break if holding above .35
[09:41] {Threei} if losing it, same setup .30 - .35
[09:42] {Threei} WFC no go
[09:42] {nemo} ba strong this morning
[09:43] {jfjf64} chk
[09:43] {jfjf64} 23 break
[09:43] {dino} dwa
[09:44] {Threei} if holding above .90 jf
[09:44] {jfjf64} y
[09:44] {Threei} if loses it, should be a bounce from .75
[09:45] {Threei} (US) USPS Postmaster General confirms proposal to cut deliveries to five days a week from six by early 2011 (related UPS FDX NFLX )
[09:45] {Threei} saturday without mail - oh horror
[09:46] {nemo} ba momo, weird
[09:47] {dino} l wfc .15
[09:47] {Threei} CHK getting ready
[09:51] {fernp} .
[09:53] {strider} .
[09:53] {RonS} .
[09:53] {ese} mrna.....will have to wait for noon hour consolidation....get in this afternoon
[09:54] {Threei} probably
[09:54] {Threei} this kind sometimes becomes late bloomer
[09:54] {ese} posibly the same with abio
[09:54] {jfjf64} rimm missed
[09:54] {Threei} ABIO Hearing Harry Boxer makes positive comments (timing uncertain) (6.90, -1.32, -16.06%)
[09:54] {nemo} hey VAD, abio broke below where we tried to short it Friday and hasn't looked back
[09:54] {Threei} yeah
[09:55] {jfjf64} in rimm .31
[09:55] {Les} abio has pivot support .91
[09:55] {Threei} CHK 1:1 is within reach
[09:55] {jfjf64} y
[09:55] {jfjf64} rimm
[09:55] {nemo} missed that call
[09:55] {ese} dino...check out th daily on ctrp....this will explode one day. huge gap
[09:56] {dino} wfc stopped -.06
[09:56] {strider} didn't see a call, CHK
[09:56] {nemo} yeah, me neither
[09:56] {dino} ok
[09:56] {Threei} not a call per se, comment to jf's question
[09:56] {jfjf64} ba hum bug
[09:56] {Threei} [09:43] {jfjf64} chk
[09:56] {Threei} [09:44] {Threei} if holding above .90 jf
[09:56] {Threei} [09:44] {jfjf64} y
[09:56] {Threei} [09:44] {Threei} if loses it, should be a bounce from .75
[09:57] {jfjf64} ty vad
[09:57] {dino} not showing gap es, ctrp
[09:57] {dino} recent split
[09:57] {ese} ahhhhhhhhhh
[09:58] {ese} my appologies.......just saw the 70 dn to 35 and assumed gp
[09:59] {Threei} TEVA Pfizer sues TEVA to block generic version of Viagra (63.55, -0.23, -0.36%) (related PFE )
[09:59] {dino} np dude
[09:59] {dino} it's a pulp type tho
[10:00] {Threei} Long Setup: CAT .40 break
[10:00] {Threei} half lot
[10:00] {dino} that teva suit is a hard one to win
[10:00] {Threei} if stays above .30 for scalpers, .25 for day traders
[10:02] {nemo} short if it loses .25?
[10:02] {Threei} nah
[10:03] {Threei} just invalidation
[10:03] {jfjf64} chk settin up nice 5 min vad we gonna get paid
[10:03] {dino} nemo, dwa db in making?
[10:03] {Threei} looks good to me for more than scalp jf
[10:03] {Threei} with any market help
[10:03] {jfjf64} 1000 percent sensi
[10:04] {nemo} if holds .28 dino and volume comes in on tests
[10:04] {Threei} Apple Inc May be preparing to announce a mobile advertising system - MediaPost (update)
[10:04] {Threei} - Report speculates that Apple may launch "a new personalized, mobile advertising system" named iAd on April 7. The article speculates that the service could be heavily focused on location-aware advertising.
[10:04] {nemo} imo
[10:04] {Threei} over 1:1 CHK
[10:04] {Les} half out chk. ty jf
[10:05] {dino} gj
[10:07] {ese} L mrna .39
[10:08] {Threei} Long Setup: LOCM .50 break
[10:09] {Threei} loco candidate, not for faint heart
[10:09] {nemo} would be a dino stock if the spread were .15 or .20 greater
[10:10] {dino} agnc
[10:10] {dino} vprt
[10:12] {nemo} wow, damn breaks at .50 on locm
[10:12] {jfjf64} blast off chk
[10:13] {Threei} Short Setup: SCO .60 break if holding under .65
[10:13] {Threei} CHK 1:2
[10:14] {ese} out mrna .43 +.04
[10:14] {Les} all out chk ty jf
[10:15] {jfjf64} my pleasure
[10:17] {strider} short SCO .59
[10:18] {jfjf64} csiq
[10:18] {Les} l ABIO .12 small shares
[10:21] {dino} dwa l .30
[10:21] {Threei} One Week Later, 54% Favor Repeal of Health Care Bill
[10:21] {nemo} next bounce point .05 methinks dino
[10:22] {dino} too soon stopped
[10:22] {nemo} capitualtion volume on that down spike
[10:22] {dino} yes
[10:22] {dino} .25 maybe
[10:22] {strider} stopped SCO
[10:23] {Threei} yeah
[10:23] {fernp} stopped SCO
[10:23] {Threei} Technical Analysts at BoA/Merrill Lynch comment on market levels; Continue to expect only limited S&P pull backs with path of lease resistance still to the upside
[10:23] {dino} ok
[10:23] {ese} L cbg .78 agressive entry
[10:24] {ese} well.7798635 to be exact
[10:24] {shorty} lol
[10:24] {Threei} MRNA deep pullback ese
[10:25] {ese} just looking at that
[10:25] {ese} l .35 per chance
[10:26] {jfjf64} lookin su 5 min
[10:26] {dino} scanners all green
[10:27] {dino} now all red, hmmm
[10:27] {Threei} lol
[10:27] {strider} long CHK .16
[10:28] {Threei} treat it as a scalp only strider
[10:28] {strider} yep. trying to get to .25
[10:28] {Threei} pullback is too deep to consider uptrend intact
[10:29] {Threei} even .25 is probably a stretch
[10:29] {Threei} market spike may help
[10:29] {ese} real narrow range on this cbg vad.......although the T&S is going strong like it was
[10:29] {Les} u got a read on fitb vad?
[10:29] {ese} isn't
[10:30] {Threei} not at all
[10:30] {Les} ok
[10:30] {Threei} CBG had GS upgrade
[10:31] {fernp} FAZ interesting here
[10:31] {ese} good
[10:31] {Threei} CB Richard Ellis Group, Inc. Goldman Sachs upgrades to Buy from Neutral; adds to Americas Conviction Buy List
[10:31] {Threei} - Raises price target to $18 from $10
[10:31] {Threei} don't know ese, toughie
[10:31] {ese} doesn't appear to be strong enough to break .80 now
[10:32] {ese} might take a couple of cents loss here
[10:33] {fernp} FAZ 1:1
[10:33] {Threei} QCOR...
[10:34] {Threei} daily's nice
[10:34] {Threei} market cooperation is very questionable
[10:37] {strider} still waiting on LOCM?
[10:37] {Threei} yes
[10:37] {Threei} combination of .50 resistance on daily and huge offer
[10:38] {Threei} but it's a typical momo candidate, not your usual stock
[10:38] {fernp} what is the stop for LOCM, Vad?
[10:38] {dino} pwrd sm l .00
[10:38] {Threei} under .30 - .35 zone
[10:38] {fernp} ty
[10:39] {Threei} grrr QCOR
[10:40] {Threei} you took MRNA this time ese?
[10:40] {RonS} tie at 52 wk high on gs upgrade of pcp and aerospace comments...entry on breakout and pullback?
[10:42] {Threei} I'd love pullback to .90
[10:42] {Threei} but may have to go for a break
[10:43] {Threei} if breaks, stops are: for a scalp under .90, for day trade under .8
[10:44] {RonS} ty
[10:44] {ese} hey vad...missed it was watching cbg
[10:47] {Threei} something is off about today
[10:47] {Threei} market can't decide which way
[10:48] {Threei} my strong feeling is up
[10:48] {Threei} but it does everything possible to shake out every trade
[10:48] {Threei} TIE, with .05 break can trail stop to under .95
[10:49] {Threei} if SPY breaks 117.3 direction should become clearer
[10:49] {jfjf64} btu
[10:49] {jfjf64} .50 break
[10:50] {Threei} scalpers trail stop to under .95
[10:50] {Threei} day traders to under .90
[10:50] {ese} how bout mrna on this pback vad?
[10:51] {strider} CHK 1/2 out +.09\
[10:51] {Threei} depending on market action, ese.. if continues hesitating, wait for a drop to under .35, closer to .30 or even under
[10:51] {Threei} good patience strider
[10:51] {Les} stopped ABIO
[10:52] {Threei} Citigroup Inc US Treasury to release share sale contract plan within 48 hours time; confirms will be an 'at the market' offering
[10:52] {Threei} - Treasury has no forecast on how much profit it will make from the sale
[10:52] {nemo} no profit to forecast, that's why
[10:52] {Threei} do we know what price they got for their share?
[10:52] {Les} sco was a rinse out
[10:52] {nemo}'s gonna' tell everybody it's trading plan, that should insure a loss
[10:52] {Les} coming down nicely now
[10:52] {Threei} yeah, SCO was distgusting rinse
[10:53] {nemo} abio vad
[10:53] {ese} out cbg .87 +.10
[10:53] {Les} thanks ese. half out cbg
[10:54] {Threei} good job guys
[10:54] {ese} ahhhhh cool......i should have done that......I keep forgetting to go 1/2 out....old habit
[10:54] {fernp} EMC short .25 break, Vad? just for a scalp
[10:54] {Threei} good to see you are finding trades for each other on a day when I am off
[10:55] {jfjf64} lets watch boli
[10:55] {Threei} chart is right fern, but this is exactly kind of charts that get rinsed today
[10:55] {ese} I think your gonna get more out of it les
[10:55] {jfjf64} sorry ignor
[10:56] {fernp} ty vad
[10:56] {ese} nice les cbg........well done
[10:57] {Les} out another 1/4
[10:58] {shorty} Long TIE 17.04
[10:58] {Threei} why chasing?
[10:59] {shorty} Going with the trend?
[10:59] {Threei} yes, but trigger was 17 break
[10:59] {shorty} I see.
[10:59] {Threei} why buy so late and higher?
[10:59] {shorty} Good thing I play small shares.
[11:00] {Les} all out CBG
[11:00] {Les} fas breakout
[11:00] {ese} how many shs les?
[11:01] {fernp} Vad, i think you posted TIE 17.05 break w/stop under .95
[11:01] {Les} 1k
[11:01] {Threei} no
[11:01] {Threei} that was for TRAILING sto[
[11:01] {shorty} He did, that is why I bought. But maybe I misunderstood him.
[11:01] {fernp} ok, sorry
[11:01] {ese} well done
[11:01] {Threei} [10:48] {Threei} TIE, with .05 break can trail stop to under .95
[11:02] {dino} sm l ehth .50
[11:02] {shorty} That is what I thought Threei, I miss read your post.
[11:02] {Threei} original trigger was 17
[11:02] {Threei} [10:43] {Threei} if breaks, stops are: for a scalp under .90, for day trade under .8
[11:03] {shorty} Thanks Threei...for your input.
[11:05] {strider} CHK stop to .24
[11:05] {Threei} well [played strider
[11:06] {strider} thanks.
[11:06] {Les} gotta ask ese, how many shares u had on cbg?
[11:06] {dino} gj
[11:06] {Threei} NEXM Files Investigational New Drug Application with FDA for Cancer Drug Candidate (0.46, +0.03, 6.74%)
[11:07] {fernp} EMC 1:1
[11:08] {Threei} wow NEXM
[11:10] {Threei} (EU) IMF's Strauss Kahn: In harmony with the EU's Greece debt plan
[11:10] {Threei} - Recovery remains multi speed, EU lagging Asia and the Americas.
[11:10] {Threei} - hopefuly for a China CNY revaluation as it is still undervalued
[11:11] {Threei} look at frikin SCO
[11:11] {Les} yeh pissed about that
[11:12] {RonS} sco, could not short...and i forgot about dig and dug
[11:15] {nemo} ba real strong today
[11:16] {strider} stopped CHK +.07
[11:17] {Threei} very well structured and disciplined play
[11:17] {Threei} I wasn't delighted by entry idea but you managed it just right
[11:18] {strider} had .05 stop on it.
[11:18] {RonS} out tie 17.14 +.18 1:3
[11:18] {Les} half out TIE ty Ron
[11:18] {shorty} I got out of TIE early..
[11:19] {strider} out TIE +.14
[11:19] {fernp} me too TY Vad
[11:19] {Threei} me just commented
[11:19] {Threei} Ron found it
[11:20] {RonS} nemo, ba story is same as pcp and tie: gs comments
[11:20] {nemo} thought it migt be te apparent resolution of the wing problem
[11:21] {RonS} imo, we need to be dogging ag stocks. when commods are strong ag has lagged. but look at MOS. Missed it with tie focus
[11:22] {Threei} TIE nears 1:1 for day traders
[11:23] {Threei} LOCM 1:1, half out
[11:23] {Threei} scalpers know what to do
[11:23] {nemo} forgot all about that one
[11:24] {Threei} great
[11:24] {nemo} yeah
[11:24] {Threei} my best call so far
[11:24] {shorty} Awesome
[11:24] {Threei} well... the only good call, lol
[11:24] {nemo} I wasn't going to say it
[11:24] {Threei} and you ignore us both
[11:24] {Threei} me and call
[11:24] {Threei} we are deeply hurt
[11:24] {nemo} no..forgot...ignore is a conscious effort
[11:25] {nemo} mos at support
[11:27] {Threei} TIE over 1:1 for day traders, 1:2 for scalpers
[11:27] {Threei} beautiful find Ron
[11:28] {Les} yes ty
[11:28] {RonS} np, thnks for entry instruction...timing is everything
[11:29] {strider} ASH, news? IT's rockin'
[11:29] {dino} pwrd stopped
[11:29] {dino} -.26
[11:29] {Les} sco .55 break? .50 stop
[11:29] {Threei} nothing fresh
[11:30] {Threei} can't tell Les, no read by me
[11:31] {Les} k
[11:32] {RonS} pwrd never started
[11:33] {RonS} dino...:)'d u shoot?
[11:34] {dino} ok, little rusty
[11:34] {dino} good time, great weather
[11:34] {strider} windy ?
[11:34] {dino} yes
[11:34] {dino} but 75 and sun
[11:35] {strider} Play the 19th hole?
[11:35] {dino} indeed
[11:36] {Threei} with this latest Moscow news... isn't the idea of Olympics in Sochi beyond scary?
[11:36] {Les} which olympics and where?
[11:36] {nemo} well, there was the story of exploding breast implants last week, so, nowhere is safe
[11:36] {Threei} next winter games...
[11:36] {dino} could happen anywhere. the way the world is going
[11:37] {nemo} buy more bullets
[11:37] {Threei} yes but Sochi is right in the unstable region
[11:37] {nemo} spy at trend support
[11:37] {Threei} as close to war zone as you can get without being right in the crosshair
[11:38] {Les} what, the caucuses?
[11:38] {Threei} yes
[11:38] {Les} lol, ouch
[11:38] {dino} interesting times
[11:38] {RonS} saw some exploding implants on dancing w/ the stars
[11:39] {Threei} less than 100 points to 11K again
[11:39] {Threei} not today most likely, but this week
[11:39] {dino} lol ron, but yeah, wow
06[11:39] * Threei slants at larisa
[11:40] {larisa} :)
[11:42] {Threei} GR) Greece confirms prices 5B in 7 year bonds at 310bps/swaps; coupon 5.9%
[11:43] {nemo} locm looks like maybe ready for second leg
[11:46] {fernp} any read in RON , Vad?
[11:46] {fernp} ROK
[11:46] {Threei} ROK is really narrow, would require big market spike to produce anything worthy
[11:47] {fernp} ty
[11:51] {strider} CHK at hod
[11:54] {Threei} GR) Fitch notes outlook for Greece remains negative
[11:54] {Threei} {Greece} Fitch, want to know what I think of YOU?
[12:00] {Threei} SEED Sees revenues revenues up modestly y/y; expect gross profit for FY10 to double y/y (10.30, +0.05, 0.49%)
[12:01] {ese} L abio .75
[12:01] {Threei} SEED momo candidate
[12:03] {ese} am long there too at .25
[12:04] {nemo} wow
[12:04] {ese} just BS luck......
[12:04] {dino} pwrd last try l .60
[12:04] {shorty} nice
[12:05] {ese} small though....was basically starting to dable olny 5k
[12:08] {ese} out 1/2 seed .55 +.30
[12:14] {dino} gj
[12:14] {ese} tks
[12:16] {Les} YONG is creeping up. looking like a b/o candidate
[12:16] {nemo} offer at .45
[12:18] {Les} MRNA about to get squeezed between 50 & 200. a break is coming
[12:19] {Les} ...maybe
[12:19] {dino} out pwrd .88, +.28
[12:19] {Les} got it this time gj
[12:20] {dino} thx
[12:26] {dino} pwrd drops again
[12:28] {nemo} half that large offer disappeared on yong
[12:28] {dino} dwa .15 wall
[12:29] {dino} reagan getting it
[12:29] {nemo} ?
[12:29] {dino} tear down that wall
[12:29] {nemo} Mr. Gorbachev
[12:29] {dino} :)
[12:30] {ese} nice dino....just checked that out....wayta catch the runup
[12:30] {dino} ty
[12:30] {dino} took me a bit to get into my zone
[12:30] {Les} MRNA not shortable
[12:31] {dino} blaming it on too much tequilla last week
[12:32] {Threei} it is here Les
[12:32] {Threei} want me to short it for you?
[12:33] {dino} nemo, vprt?
[12:34] {Threei} guys, quick question, just for me to have an idea
[12:35] {Threei} anyone tried/intends/has interest to venture into Forex market?
[12:35] {dino} at this point in time, no
[12:38] {nemo} sorry dino walked away for a minute (chasing rabbit) let me look
[12:40] {nemo} double top looks short on the daily and looks weak today dino
[12:40] {dino} thx
[12:40] {nemo} got bounce off 50 day ma
[12:41] {nemo} 56.80 was hourly support
[12:41] {shorty} Threei, I do. But I would like to get a handle on scalping first.
[12:41] {RonS}
[12:42] {nemo} having said that, hourly resistance between 58.80 and 59.60,
[12:42] {nemo} resistnce on one minute at .20, not big R&R especially if market ends up doing what it did the last two days
[12:42] {dino} was feeling sm l around 57.50 if got there
[12:43] {nemo} yeah, depending on stop, because of the open air above 5880
[12:43] {nemo} 58.80
[12:44] {Threei} shorty, not really planning to do Forex... reason I ask is, we get a lot of questions about brokerages for Forex, so we did a little study to find reliable one with decent conditions
[12:44] {nemo} you find a good forex bucket shop did ya'?
[12:44] {dino} lol
[12:44] {nemo} there goes vprt
[12:44] {Threei} no, actual broker for aactual market :)
[12:45] {dino} see about 10:40 57.50 area
[12:46] {shorty} A friend of trades Forex. It's a hard one to master, I am told.
[12:46] {dino} waiting for it
[12:46] {strider} where, dino?
[12:46] {nemo} see if volume comes in
[12:47] {shorty} Nothing is easy in the market either, well for me anyhow.
[12:47] {dino} vad, would rather and am, adding r.e. instead of forex
[12:47] {dino} 57.51
[12:47] {strider} Any interest in the mini futs, vad?
[12:48] {Threei} no
[12:48] {Threei} been there done that
[12:48] {nemo} how about tulips?
[12:48] {Threei} as a standalone vehicle, not inteersted,
[12:48] {KSystems} lol nemo
[12:48] {nemo} Let's go to california and raise marijuana
[12:48] {strider} tulips can only go up.
[12:48] {Threei} as a supplementary one, sure, but you can do pretty much the same with ETFs, so why bother with different brokers, accounts and regulations
[12:48] {shorty} Why nemo? I can do it at home.
[12:49] {nemo} it's legal can sell it for medicinal purposes
[12:49] {shorty} You are in California?
[12:49] {nemo} no...about as far away as you can get
[12:50] {nemo} kinda' worse actually, I'm in Massachusetts
[12:50] {nemo} They don't call us Massholes for nothing
[12:50] {shorty} Massholes?
[12:50] {nemo} citizen of massachusetts=Masshole
[12:50] {shorty} lol
[12:51] {shorty} I was thinking that, but wanted to confirm it.
[12:51] {nemo} citizen of Maine=maineac
[12:51] {KSystems} nemo: Theres a popular sketch here where a family gets a piano from their aunt in Massachusetts
[12:51] {nemo} Ein Steinweg?
[12:51] {KSystems} and the delivery guys being unable to pronounce it
[12:51] {nemo} hehehehe
[12:51] {KSystems} i dont know, thats not the deal :P
[12:52] {KSystems} you remember Loriot?
[12:52] {nemo} no
[12:52] {KSystems} ah ok
[12:52] {KSystems} he wrote that sketch
[12:52] {KSystems} one sec
[12:52] {nemo} Sie koenne mit dem epost schicken, nicht wahr?
[12:53] {nemo} forgot the "n"
[12:53] {KSystems} damn i cant find it on youtube
[12:54] {dino} pwrd l .56
[12:55] {nemo} abio=short and forget
[12:56] {Threei} US) Treasury Dept to announce up to $600M expansion of housing fund to support hardest hit regional markets
[12:56] {Threei} - will focus on Ohio, Oregon, North and South Carolina
[12:56] {Threei} lordy...
[12:56] {nemo} the absurdity is beyond the pale
[12:56] {ese} gotta go all...see you tomorow
[12:56] {strider} oh good. Me wants it.
[12:56] {Threei} get out of this "supporting" business, you can't support anything, you just pospone inevitable and worsen the outcome
[12:56] {shorty} Bye ese
[12:56] {Threei} take care ese
[12:57] {ese} cya
[12:57] {dino} cya es
[12:59] {shorty} SERV Threei?
[12:59] {shorty} Thoughts, that is all
[12:59] {dino} 3i, you miss his point, he's buying votes
[13:00] {Threei} momo mover shorty, thin and scary as hell
[13:00] {shorty} k
[13:00] {nemo} yeah...Vad's so naive
[13:01] {dino} serv contract win 8.7 m
[13:01] {dino} pwrd stop is .47 fwiw
[13:01] {Threei} Servidyne (SERV) Announces Its Largest Energy Savings Contract to Date; $8.7M contract over 12-24 months
[13:01] {Threei} - client is US retailer to seeking to improve the energy efficiency of 600 facilities
[13:03] {nemo} geez...think 96 important level for fas?
06[13:04] * nemo slaps Threei around a bit with a large bottle of memory pills
[13:05] {strider} Can I have a couple of those?
[13:05] {Threei} of what?
[13:05] {Threei} I forgot
[13:05] {strider} memory pills.
[13:05] {nemo} pamprin...for crissakes
[13:05] {Threei} those who learn to play loco, aka momo, observe SERV
[13:05] {shorty} Threei SERV, what are your thoughts?
[13:06] {nemo} HS!
[13:06] {Threei} thoughts??
[13:06] {shorty} Playing with the memory jokes
[13:06] {Threei} look the room topic
[13:06] {nemo} looking for pace change
[13:06] {dino} my thgt 8 million order just doubled company?
[13:06] {nemo} hopefully off pullback
[13:06] {strider} candles indicate probable reversal.
[13:07] {Threei} dino... look at ABIO friday run
[13:07] {nemo} like to see it around 5
[13:07] {Threei} news: lame patent
[13:07] {dino} yeah, saw that
[13:07] {dino} i understand, just confused
[13:07] {dino} hmm, guess i don't then
[13:08] {Threei} CBAK Ticking higher on chatter of possible contract win with Samsung (2.56, +0.22, 9.40%)
[13:11] {shorty} MS Threei?
[13:12] {Threei} if market reverses and goes up from here, .15 would be a long trigger on it
[13:14] {dino} stopped pwrd
[13:18] {nemo} is serv an ipo?
[13:19] {dino} no
[13:19] {dino} 3 year chart shows
[13:19] {Les} couldn't find it either on freestockcharts
[13:19] {nemo} well, I have no data before today on laser
[13:19] {dino} cyber has it
[13:21] {Threei} nemo?
[13:21] {Threei} all data is in
[13:21] {nemo} ?
[13:21] {nemo} I believe you, I just don't have access to it here
[13:21] {Threei} how can it be?
[13:21] {Threei} do you have daily chart up?
[13:22] {shorty} Long 2916 MS
[13:22] {shorty} 29.16
[13:22] {nemo} funny...on the minute chart, I only have today
[13:22] {Threei} one min, sure
[13:22] {Threei} call up daily
[13:23] {nemo} yeah, I have daily
[13:23] {Threei} and nothing before today??
[13:23] {nemo} I have daily data, and should have 5 days worth in minute data, but don't
[13:24] {Threei} strange
[13:24] {nemo} well....yes, I am
[13:24] {Threei} the only suggestion I can make is volume was so miniscule, your computer doesn't discern it
[13:24] {Threei} and it really was
[13:25] {Threei} 5K
[13:25] {Threei} some days zero
[13:26] {Threei} today's volume spike stands out like pepsi cola kiosk in the middle of Sahara
[13:27] {dino} there's a picture
[13:27] {strider} long ASH .71
[13:30] {strider} out .83 +.12
[13:30] {shorty} Should have went with you strider, nice.
[13:31] {strider} Well I missed the pop....but had my offer in.
[13:32] {strider} CHK at hod
[13:33] {dino} gj
[13:33] {strider} :)
[13:33] {dino} pwrd l .50
[13:35] {shorty} out ms -.10
[13:36] {Threei} sudden market drop
[13:36] {Threei} no news that I see
[13:36] {shorty} I felt it.
[13:37] {strider} just letting some air out of the tires.
[13:43] {Threei} FONR Strength in MRI names attributed to NY Times article yesterday discussing dangers of CT scans; FDA ignored warnings from experts on CT scans
[13:43] {Threei} another mover from hell?
[13:44] {Les} isn't this what you defined as the top? all this crap going ballistic?
[13:44] {Les} the market top
[13:45] {dino} vprt hl l .75
[13:45] {Threei} this is what you usually see near the top yes
[13:46] {dino} that sucked
[13:47] {strider} It sure did, dino. Sorry.
[13:47] {dino} my fault
[13:47] {dino} thought breakout was coming
[13:47] {strider} I think you should hold vad responsible.
[13:47] {dino} ok
[13:47] {dino} coming back, stop is .47
[13:48] {nemo}'s magoo's fault...never blame somebody who is here to defend themselves
[13:48] {dino} lol
[13:48] {Threei} good idea nemo
[13:48] {nemo} :)
[13:48] {fernp} lol nemo
[13:48] {nemo} you used it against me when I wasn't here once
[13:49] {strider} Maybe nemo will leave early again today.
[13:49] {nemo} Yeah, I'm driving to North Carolina tonight
[13:49] {strider} Oh good.
[13:49] {nemo} hehehehe
[13:49] {dino} lol
[13:49] {nemo} gotta' get the ark finished first
[13:49] {strider} I'll get my 'people' together.
[13:50] {nemo} I can see Liam Neeson in "Next of Kin
[13:50] {strider} THe North Carolina Order of Retribution Tong.
[13:50] {Threei} FONR on the lam
[13:50] {nemo} Chinese Hillbilly? Now I've heard everything
[13:50] {shorty} nemo, one place that I really like is Anderson, SC. Will remember it for a long time. Beautiful country down there.
[13:50] {strider} what was her name?
[13:50] {shorty} lol
[13:50] {nemo} Yeah, had some friends in Anderson
[13:51] {nemo} lived there for a while in the 80's
[13:51] {shorty} I was a long haul truck driver, I forget her name. She was cheap though.
[13:52] {nemo} Truckstop Betty
[13:52] {shorty} You know her too!
[13:52] {shorty} good gal she was.
[13:52] {nemo} ehhh....nevermind
[13:52] {nemo} that whole watermelon through.....nevermind
[13:52] {shorty} lol
[13:53] {Threei} you are threading dangerously close to the limit of me having to edit the log
[13:53] {Threei} and I seriously hate to do that
[13:54] {nemo}'s about time for trades to start popping up again
[13:54] {jfjf64} hey what kinda room ya runnin vad
[13:54] {Threei} I thought trading one
[13:54] {Threei} but as you can see clearly, I was wrong
[13:54] {RonS} redneck
[13:55] {jfjf64} ivan will be stoppin by soon
[13:55] {nemo} ?
[13:55] {fernp} AMZN, Vad? you think is a valid breakdown?
[13:55] {Threei} I think so
[13:56] {Threei} just remember its volatility
[13:56] {Threei} can't really play it with tight stop
[13:56] {shorty} MS took me out. Bad for me.
[13:56] {Threei} that was heck of a sudden market drop shorty
[13:57] {dino} still in, but thing is a dog
[13:57] {fernp} above .72 is valid stop, vad?
[13:58] {shorty} This is why I play 200 shares Threei. I am still a young grasshopper
[13:58] {Threei} yes... don't you hate it?
[13:58] {Threei} I prefer to play it differently fern
[13:58] {Threei} aggressive entries
[13:58] {fernp} true
[13:58] {fernp} i hate it
[13:59] {Threei} there
[13:59] {Threei} it came into resistance,
[13:59] {Threei} now wait for it to form mini range,
[14:00] {Threei} and shoer break of it with market turning down
[14:02] {nemo} volume pathetic
[14:02] {nemo} except in sp500 not too bad
[14:02] {Threei} SEC has reportedly requested inforamtion from 24 large institutions on repurchase agreements
[14:03] {dino} shocking
[14:03] {nemo} what...that they even asked?
[14:03] {dino} yeah, next they'll want nemo's short records
[14:04] {nemo} yeah, I've got the massive buying power to move markets
[14:07] {Threei} quite narrow today
[14:09] {dino} yes
[14:11] {shorty} STX ?
[14:11] {Threei} EPE Halted; news pending (43.54, +0.31, 0.72%)
[14:11] {Threei} 14:09 DEP Halted: News pending
[14:11] {Threei} - note: both EPB and DEP are natural gas liquid pipeline companies. (26.87, -0.06, -0.22%) (related EPB )
[14:11] {Threei} 14:09 EPD Halted: News pending (34.04, +0.19, 0.56%)
[14:11] {dino} ms stopped +.06
[14:12] {Threei} don't see any setup there, STX
[14:12] {Threei} so what is it with 3 halts in the sector?
[14:12] {Threei} EPD Chairman has died
[14:13] {Threei} Enterprise Products Partners LP Chairman Dan L. Duncan for DEP, EPE, and EPD has died
[14:13] {Threei} - chairman Dan L. Duncan passed away last night at his home in Houston. Mr. Duncan co-founded Enterprise Products Company in 1968 and took Enterprise Products Partners public in July 1998.
[14:13] {Les} news travels fast
[14:24] {shorty} We are all idlers
[14:24] {dino} open, drop and up
[14:24] {Threei} we are all what?
[14:25] {shorty} The market crushed me today.
[14:25] {Threei} ??
[14:25] {Threei} EPD open
[14:26] {dino} dropping
[14:26] {Threei} CDC: seeing "worrisome trends" that H1N1 is circulating in Southeast US - CNBC
[14:26] {Threei} not again
[14:26] {Threei} BCRX spiked
[14:26] {Threei} list of swine flu stocks, for refreshment:
[14:27] {RonS} ...they heard nemo was coming down...
[14:27] {Threei} BCRX reaction is the best
[14:28] {Threei} IMO, they are all short on spikes, just don't want to be in too ealry
[14:28] {nemo} vituperative aren't we
[14:30] {Les} 7 b/d BCRX?
[14:31] {Les} sorry, still too early
[14:31] {Threei} I think it is
[14:31] {Threei} need to work off the initial momo
[14:33] {Threei} LVS Hearing Argus raises price target to $26
[14:35] {dino} pwrd to .69
[14:37] {RonS} vicissitudedudeness actually
[14:38] {nemo} drinking on a Monday afternoon
[14:38] {strider} UBS
[14:38] {Threei} I'll bite
[14:38] {Threei} what??
[14:38] {larisa} cj
[14:39] {dino} slipped out .64 +.14 pwrd
[14:39] {Threei} not you too larisa
[14:39] {larisa} :)
[14:39] {RonS} ubs!
[14:39] {RonS} ??
[14:39] {nemo} yeah really
[14:40] {Threei} UBS AG UBS fixed income revenue reportedly approx $2.3B in Q1, Q1 rev from credits reportedly near $1B - unconfirmed report
[14:40] {Threei} - UBS earning report is schuduled to be released on May 4th.
[14:40] {Les} heh that be swiss crap flying
[14:41] {Threei} well, why not... you didn't think crap was localized to this or that country, didn you
[14:41] {RonS} UBS: "we are legally stealing money...again"
[14:41] {Threei} crap isinternational and knows no borders
[14:42] {RonS} CS?
[14:43] {RonS} DB?
[14:43] {Threei} ?
[14:43] {Threei} BCRX
[14:43] {Threei} I think it runs out of gas
[14:44] {Threei} let's see if forms a rane close to 7
[14:44] {strider} como se dice en ingles, 'rane'?
[14:44] {Threei} range
[14:44] {Threei} jeez
[14:45] {strider} ah. muy bien.
[14:45] {strider} gracias, senor.
[14:45] {Threei} na zdorov'e
[14:45] {RonS} the rane in spain is mainly on the plain
[14:45] {Threei} lol
[14:46] {Threei} ok, that was a first good one today
[14:46] {strider} why didn't I think of that.
[14:46] {RonS} you have to be twisted...and corny
[14:46] {strider} Both-and , or either-or?
[14:48] {fernp} rane = ia almost frog
[14:48] {fernp} rana
[14:48] {fernp} is frog
[14:49] {Les} s bcrx .12
[14:49] {strider} how do you say "b-ribbit" in spanish, fern?
[14:50] {fernp} rabbit?
[14:50] {nemo} spaniards aren
[14:50] {nemo} frogs
[14:51] {strider} what sound does a frog make in Spanish?
[14:52] {Threei} kva
[14:52] {strider} I don't think so, vad.
[14:52] {nemo} Vad, you should really edit this
[14:53] {fernp} cruaj more o less lol
[14:53] {RonS} yo quiero taco bell
[14:53] {nemo} wow...I'm starting to get worried
[14:54] {Threei} why nemo? someone might think we are not entirely normal?
[14:54] {Threei} what's wrong with the truth?
[14:54] {nemo} hell no, I'm way off the deep end, these guys are drilling to the center of the earth
[14:54] {dino} you can't handle the truth
[14:54] {nemo} Here's Johnnny!
[14:54] {RonS} lol...stop it and find a play
[14:55] {nemo} everything looks like the market right now
[14:56] {RonS} pet peeve: people who say butt ugly
[14:56] {nemo} what brought forth this soul-bearing comment?
[14:56] {Threei} FONR is holding surprisingly well
[14:57] {Threei} "what grinds my gear" ron?? :)
[14:57] {dino} griffin
[14:57] {RonS} response to "looks like the market"...buck ugly
[14:59] {RonS} fonr going nuts
[14:59] {Threei} ok
[14:59] {Threei} Short Setup: BCRX 7 break
[14:59] {Threei} if stays under .15
[15:00] {Threei} FONR is likely to pull back now, before going to 4
[15:01] {RonS} ...think TIE will pop on break of hod?
[15:01] {Les} can't short it here
[15:02] {Threei} no read on TIE
[15:02] {dino} back in 10
[15:02] {jfjf64} mck vad
[15:04] {Threei} pullback occured FONR
[15:04] {Threei} let's see if 4 occurs
[15:04] {Threei} no idea on that one jf
[15:04] {jfjf64} lookin 5 min .40
[15:05] {jfjf64} waitin on boli band
[15:05] {Threei} (GR) Greece Fin Min: Unlikely spreads will narrow quickly following EU proposal (related EUR/USD BUNDS NBG )
[15:05] {Threei} quickly? what about "at all"?
[15:09] {Threei} anyone went for FONR around 4.40?
[15:10] {Threei} 3.40
[15:10] {Les} forgot it
[15:10] {Threei} [15:04] {Threei} pullback occured FONR
[15:11] {fernp} 3.44 w/ stop under 3.33 here
[15:11] {Threei} half out
[15:11] {Threei} right here
[15:12] {Threei} this moment where it breaks previous high and hesitates is critical
[15:12] {Threei} break an run or double top
[15:12] {Threei} so sell half
[15:14] {fernp} out here .68
[15:14] {fernp} ty vad
[15:14] {Threei} sure thing
[15:16] {dino} nice one
[15:19] {shorty} See you guys tomorrow.
[15:19] {fernp} bye shorty
[15:19] {Threei} take care shorty
[15:20] {Les} ciao
[15:20] {dino} vprt stopped
[15:21] {Les} vad, u see somx good for b/d?
[15:22] {Threei} for a scalp, maybe
[15:22] {Threei} nothing graoundshaking
[15:23] {Les} covered bcrx as it dropped to 7 before. looking for one last trade
[15:24] {Les} s somx .9000
[15:29] {jfjf64} ubs havin little party
[15:34] {Les} riddle me this news caption:
[15:34] {Les} One of Romania's most powerful criminals has warned his country must do something to stop the wave of Gypsy child crime that is sweeping Europe or face a backlash against Romanians.
[15:35] {Threei} here comes your SOMX
[15:36] {Les} I'd accept politician making such argument...
[15:36] {Les} out +.09
[15:36] {Threei} I don't see what your problem isd Les... they said politician in wat you quoted
[15:37] {Threei} wtg, good scalp
[15:37] {Les} hmm freudian slip of tongue you say?
[15:37] {Threei} powerful criminal
[15:37] {fernp} gj les i liked the traded
[15:37] {fernp} Good evening everybody. see u tomorrow
[15:38] {Threei} take care fern
[15:38] {Les} ciao
[15:38] {dino} cya fern, gj les
[15:39] {dino} idc
[15:39] {dino} bid
[15:39] {Threei} IDC KKR and CVC capital reportedly bidding for the company - unconfirmed report (33.42, +1.38, 4.31%)
[15:42] {dino} sm l .50 idc
[15:43] {Threei} FONT deep pullback
[15:43] {Threei} FONR
[15:43] {Threei} SERV too but that one I like less
[15:46] {Les} alright had my fun. c u's tomorrow
[15:46] {Threei} tak care Les
[15:47] {dino} cya les
[15:47] {jfjf64} enjoy les
[15:47] {strider} Vad, I'm holding CHK from 23.07. Would you hold overnight?
[15:47] {Threei} I wouldn't
[15:47] {strider} k
[15:47] {Threei} not because I think it will gap down
[15:48] {Threei} simply because I see no point in taking this risk
[15:48] {Threei} what to do with half of LOCM is my dilemma
[15:48] {Threei} never got stopped
[15:48] {Threei} doesn't look to resolve before eod
[15:50] {Threei} will liquidate it today, no desire to take home anything
[15:56] {Threei} come on LOCM
[15:56] {Threei} break
[15:59] {dino} out asps +.05
[15:59] {dino} out ehth +.10
[15:59] {Threei} cleaning the floor dino? :)
[16:00] {Threei} Ok guys, thank you all
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {nemo} c ya
[16:00] {dino} out idc -.20
[16:00] {strider} bu-bye
[16:00] {dino} yeah, not thrilled w/action today
[16:00] {Threei} Monday
[16:00] {Threei} hangover
[16:00] {Threei} tomorrow will be better
[16:00] {strider} can I get that in writing?
[16:00] {nemo} quarter end positioning
[16:01] {strider} IS in writing.
06[16:01] * nemo slaps strider around a bit with a large bottle of Hillbilly moonshine
[16:01] {strider} THere is no other kind.
[16:01] {nemo} there's no better, but there's others