Monday, January 31, 2011

Jan 31 2011

Last day of the month became first losing day of the year. Everything worked - but only after rinsing us out first. We nailed down the scenario of the day perfectly pre-market but entries were elusive.

Session Time: Mon Jan 31 00:00:00 2011
[08:16] {magoo} morning
[08:19] {jfjf64} mornin  mags
[08:19] {nemo} shiver me timbers
[08:19] {jfjf64} nemo
[08:19] {nemo} emphasis on shiver...wtf...two more storms this week
[08:20] {jfjf64} craxy
[08:20] {jfjf64} gettin  hit  hard
[08:20] {nemo} yeah...no place to put it...
[08:20] {nemo} Funny too...You can't dump excess snow in the ocean because of environmental damage
[08:21] {jfjf64} hmm
[08:21] {nemo} It's global warming you know
[08:21] {jfjf64} my 13 year  old  just  did  papper  this  weekend
[08:21] {jfjf64} lol
[08:22] {magoo} MEE huge up
[08:22] {nemo} buyout offer
[08:23] {nemo} ANR down
[08:25] {nemo} Hey, Raven...what do birds wear during the winter
[08:25] {nemo} ?
[08:25] {magoo} hmm..deal is for 69 a share...shouldnt it be near there MEE
[08:25] {nemo} must be something in the details
[08:29] {Raven} gloves
[08:30] {Threei}  morning gents
[08:30] {nemo} wow...who makes gloves for crows feet?
[08:30] {Raven} much more of this winter and we take cyanide
[08:31] {nemo} It is a fell cold that whispers evil from the north
[08:31] {Raven} ya have to make your own ... different number of toes you know
[08:31] {Threei}  even Egypt couldn't hold this market down eh
[08:31] {nemo} oh yeah...forgot my meds
[08:32] {nemo} wait until Egypt reconstitutes and rips up the peace treaty with Israel, then you'll get a drop
[08:33] {Threei}  you'd think such development should start pricing in now
[08:36] {nemo} Funny, you see all these comments about Egypt becoming a real democracy...has there ever been an Arab democracy?
[08:37] {Threei}  maybe it's going to be a first?
[08:38] {nemo} Yeah...right
06[08:38] * Threei slaps strider around a bit with a Welcome Back banner
[08:38] {nemo} Reminds me of when all the yahoos were claiming Obama was gonna' come in and make things all better
[08:39] {strider} gosh....and made out of whipped creme.   thanks, vad.
[08:39] {nemo} Vad, you were supposed to lace it with salt..wtf
[08:39] {Threei}  sure, and be thankfull magoo is slapless these days
[08:40] {Threei}  nemo, I just get him to let his quard down this way
[08:40] {jfjf64} 3i
[08:40] {strider} magoo have a horrible accident?
[08:40] {magoo} sigh..a grande conspiracy
[08:40] {Threei}  jf :)
[08:41] {Threei}  yes, he became all nice, kind and gentle as a result of it
[08:41] {magoo} i take off few days hunting and vad sabotages my mIRC
[08:41] {Threei}  so we enjoy relative safety
[08:49] {magoo} news DEPO ANR ?
[08:50] {nemo} anr buying mee
[08:50] {Threei}  Depomed Inc FDA approves GRALISE (gabapentin) Once-Daily Tablets for Treatment of Post-Herpetic Neuralgia- Announced that US FDA has approved GRALISE(gabapentin) Tablets for once-daily treatment of post-herpetic neuralgia (PHN), which is pain following healing of the rash associated with shingles. GRALISE was developed by Depomed under the code name DM-1796 and is licensed to Abbott Products, Inc. in the U.S., Canada and Mexico. The approval of GRALISE triggers a milestone payment of $48 million from Abbott to Depomed.
[08:50] {Threei}  and what nemo said
[08:55] {magoo} ty
[08:59] {nemo} that was a brutal correction to ride out
[09:00] {Threei}  Dri selloff you mean?
[09:00] {Threei}  Fri
[09:00] {nemo} yeah
[09:00] {nemo} it lasted pretty much all day
[09:00] {Threei}  well... there should be aftershock
[09:00] {nemo} unbeliveable
[09:00] {Threei}  lol
[09:05] {larisa} gm :)
[09:05] {Threei}  larisa :)
[09:06] {larisa} vad :)
[09:07] {dino} gm all
[09:08] {Threei}  dino :)
[09:08] {strider} dino:0
[09:08] {dino} :D
[09:12] {RonS} :)  all
[09:13] {Threei}  ron :)
[09:20] {Threei}  EGPT Halted
[09:21] {strider} at last, some sanity
[09:21] {Threei}  (US) TTN Analysis: Florida judge may issue ruling today in healthcare reform class action case today- A US District Court in Florida is expected to rule on a lawsuit brought by governors and attorneys general from 26 US states. Because of the number and stature of the plaintiffs in this case, it is considered more important than several prior court rulings on the heathcare reform legislation.
[09:21] {Threei}  - Recall that two district court judges have rejected challenges to the individual mandate component of the reform, the requirement that citizens have health insurance by 2014 or pay a penalty.
[09:21] {Threei}  - A federal district judge in Virginia ruled against this provision of the law in December.
[09:21] {ese} gm
[09:22] {Threei}  ese :)
[09:22] {strider} mornin ese
[09:24] {Threei}  my working assumption:
[09:24] {nemo} mini bulltrap...leading to big bear trap?
[09:25] {Threei}  sharp pullback at the open, as those caught off guard and scared by Fri selling perceive this gap us as selling opportunity
[09:25] {Threei}  then turn up and slow steady climb back to high and higher
[09:25] {magoo} ot F?
[09:25] {Threei}  ?
[09:26] {magoo} miss type sorry
[09:27] {Threei}  {Ms Type} what are you sorry for?
[09:30] {ese} hey st vad.......delayed reaction to your good morning ...played a gig until 12:30 last night
[09:31] {Threei} Short Setup: LVS  .85 break
[09:32] {Threei}  invalidated
[09:32] {Threei} Short Setup: X  .50 break half lot
[09:33] {Threei}  stop above .60
[09:33] {Threei}  no go
[09:34] {nemo} spy and russel not moving much
[09:35] {nemo} now they move, figures
[09:35] {Threei}  SPY drops
[09:36] {Threei}  missed another X chance, 57 break
[09:36] {Threei}  too fast to alert
[09:36] {Threei}  same LVS
[09:36] {Threei}  let's see if bounce gives us entry
[09:36] {Threei}  LVS from above 46, on recross back down
[09:37] {RonS} Chi pmi 9:42
[09:43] {Threei}  positive
[09:43] {nemo} no...really
[09:45] {Threei}  *(US) JAN CHICAGO PURCHASING MANAGERS INDEX: 68.8 V 64.5E
[09:45] {Threei} Short Setup: LVS  .10 break
[09:46] {Threei}  if stays under .20
[09:47] {Threei}  1:1
[09:47] {Threei}  1:2
[09:48] {Threei}  1:3, out
[09:49] {Threei} Short Setup: SLW  .40 break
[09:49] {Threei}  if stays under .50 scalpers
[09:49] {Threei}  day traders, rather wait for .50 - .60 setup, and take .50 aggressive entry
[09:51] {nemo} market turning up
[09:51] {Threei}  yes but... SLW should move against the market today
[09:53] {Threei}  let's trail to .46
[09:53] {Threei}  unclear here, want to tighten risk
[09:54] {Threei}  OREX
[09:54] {Threei}  Orexigen Therapeutics Inc Strength attributed to anticipation of FDA decision on Contrave weight management drug- The FDA PDUFA action date for Contrave is today, so a decision on the drug will likely be issued early this week. - REMINDER: on 12/7/10 and FDA advisory panel voted 13-7 that the benefits of Contrave outweigh its risks and that the drug does not need a pre-approval study of cardiac effect.
[09:54] {Threei}  out SLW
[09:55] {Threei}  wow
[09:55] {Threei}  INTC halted
[09:55] {Threei}  don't remember ever seeing that'
[09:55] {Threei}  PEIX is buying INTC I guess
[09:57] {dino} sndk sm l .00
[09:57] {dino} tkr sm l .25
[09:58] {Threei}  da ytraders for once win
[09:58] {Threei}  cover galf here
[09:58] {Threei}  half
[09:58] {Threei}  stop to .56
[09:59] {Threei}  1:2
[09:59] {Threei}  1/4 more
[09:59] {dino} sndk stopped -.32
[10:00] {Threei}  Intel Corp Discovered a design issue in a recently released support chip, the Intel 6 Series, code-named Cougar Point; sees Rev reduced by $300M
[10:00] {dino} whippy
[10:01] {nemo} yep
[10:01] {nemo} stop busting action
[10:01] {Threei}  1:3
[10:01] {dino} sndk rinse r oni
[10:01] {Threei}  out
[10:01] {larisa} on what?
[10:01] {Threei}  SLW??
[10:01] {nemo} slw for daytraders blondie
[10:02] {Threei}  [09:49] {Threei} day traders, rather wait for .50 - .60 setup, and take .50 aggressive entry
[10:02] {larisa} oh, missed that :)
[10:04] {RonS} naz 100 just went on its first PnF sell signal in months
[10:05] {ese} L swk 1/2 .70
[10:06] {ese} vad.....question.....if hourly charts line up like the examples in your for 1min charts from you Tape Reading book....are they just as effextive
[10:07] {Threei}  sure
[10:07] {ese} in Your Tape Reading book
[10:07] {ese} tks....check out swk for then
[10:07] {ese} hourly
[10:08] {ese} me
[10:09] {dino} sndk sm l .75
[10:11] {ese} what do you think......swk has been bumping up against .70 for 2 days now on the hourly charts
[10:12] {ese} moot question....has broken above .70 nicely
[10:13] {Threei}  looks good except for volume
[10:13] {ese} ya
[10:14] {ese} out .89
[10:15] {ese} +.19
[10:15] {strider} out APA long +.18, +.36
[10:16] {dino} gj
[10:16] {dino} sndk stopped -.26
[10:16] {Threei} Short Setup: RIMM  .30 break
[10:16] {Threei}  if stays under .40
[10:17] {Threei}  day traders, .45
[10:17] {nemo} this gonna be high volume candle
[10:18] {Threei}  question is how red
[10:18] {nemo} move stop to .31?
[10:18] {strider} out 1/2 .21
[10:18] {Threei}  good move
[10:18] {Threei}  .35, nemo
[10:18] {nemo} or go long  ;)
[10:19] {Threei}  no
[10:19] {strider} bal. -.01
[10:19] {Threei}  no long on rimm
[10:19] {dino} sndk two rinses, sheesh
[10:19] {strider} too jerky for me.
[10:19] {ese} L dnr .32
[10:19] {strider} same old rimm
[10:20] {ese} out dnr avg .43 +.12
[10:20] {Threei} Short Setup: X  .90 break
[10:21] {Threei}  if stays under 57
[10:21] {ese} bs lucky this morning....everytime i exit these is a sharp selloff
[10:22] {ese} almost instantaneously
[10:22] {nemo} spy riding a trend line from 3:45 on Fri
[10:22] {Threei}  touched 1:1 way too briefly for reliable exit
[10:22] {Threei}  looks like market is ready to change for upward
[10:25] {Threei} Long Setup:  LVS  .60 break
[10:25] {nemo} lvs short?
[10:28] {Threei}  not a scalp if works
[10:28] {Threei}  targeting about 1:3
[10:28] {Threei} Long Setup:  X  .10 break half lot
[10:29] {Threei}  LVS 1:1
[10:30] {Threei}  X invalifated
[10:30] {Threei}  *(US) JAN DALLAS FED MANUFACTURING ACTIVITY: 10.9 V 15.0E
[10:30] {ese} in lvs .61
[10:31] {Threei}  great X, now you break and work
[10:31] {Threei}  conniving bastard
[10:32] {dino} out tkr .56, +.31
[10:32] {ese} out 1/2 .69 +.08
[10:32] {ese} stop to even balance
[10:33] {ese} stopped even lvs balance
[10:33] {RonS} chk
[10:34] {nemo} I bet natgas stocks are rising
[10:34] {ese} tks vad
[10:34] {ese} i was 3k/3k on that....didn't want to take the chance of it shooting dn
[10:35] {Threei}  let's see if we get another entry on it around .40
[10:36] {strider} on what?
[10:36] {Threei}  LVS
[10:36] {ese} lvs
[10:36] {strider} k
[10:38] {dino} ghl sm l .78
[10:38] {Threei}  no clear entry
[10:38] {nemo} rorschach rears his head
[10:38] {Threei}  oh well
[10:39] {ese} lvs strong
[10:39] {Threei}  now it becomes a matter of SPY high break
[10:39] {ese} y
[10:40] {strider} long dnr .82
[10:40] {Threei} Long Setup:  SLW  .25 break
[10:40] {ese} L .68
[10:40] {ese} lvs
[10:41] {ese} 1 lot
[10:41] {Threei}  too much chasing for my taste
[10:44] {strider} out dnr -.03
[10:44] {Threei}  no go SLW
[10:45] {ese} or lvs it seems
[10:46] {ese} higher lows though...and pressing up against .70 ...it should go
[10:46] {Threei}  things work but not without invalidating or rinsing first
[10:46] {Threei}  so, change of plan
[10:46] {Threei}  switching to aggressive or after-rinse entries
[10:48] {Threei}  wow
[10:48] {dino} out ghl .17, +.39
[10:48] {Threei}  what the deuce
[10:48] {ese} rinsed big time lvs.....stopped .47 -.21
[10:49] {dino} not glad, but good to see its not just me w/rinses
[10:50] {Threei}  SLW,
[10:50] {ese} auch du miya....
[10:50] {Threei}  let's let it dive to 31 and see if we get an entry as it breaks it, rinses longs and jumps back up
[10:51] {Threei}  no dino, rinses is the name of the game today on unusually high % of trades
[10:53] {dino} unfortunately
[10:54] {ese} lots of on edge traders i guess
[10:55] {davd} muslim b'hood says keep up the fight - brking news
[10:55] {ese} hmmmmmm
[10:56] {davd} signal potentially a radical element to situation, not here to for present
[10:56] {Threei}  imagine all the military planners all over the world devising contingency plans to secure Suez Canal
[10:57] {nemo} probably just US
[10:57] {Threei}  and half of Europe
[10:57] {nemo} no...wussies always let US do it
[10:59] {davd} reminder - china not need suez
[11:00] {RonS} guess they don't ship anything to Europe that way...
[11:01] {RonS} Suez close biggest loser:  Somali pirates
[11:01] {Threei}  lol
[11:04] {Threei}  note, SLW starts establishing opposite to market direction
[11:05] {Threei} Short Setup: SLW  .10 break
[11:05] {Threei}  if stays under .20 scalpers, .25 day traders
[11:05] {ese} lvs
[11:07] {RonS} lol, mags talks bidu earning for two weeks, then when they are about to happen says nada
[11:08] {magoo} actually traded it tho
[11:08] {RonS} pre?
[11:09] {magoo} just now. .20 to .65
06[11:12] * Threei slaps laserhelp around a bit with a large alarm clock
[11:12] {magoo} im trading like shit tho, cant call it..knew it was going 108 too, but took the out
[11:12] {dino} amn bit of blood
[11:14] {magoo} u got read BIDU vad?
[11:14] {magoo} 109?
[11:15] {Threei}  other than to read all 4 l,etters of its symbol out loud, no
[11:15] {magoo} do u think recreational fishing is any good in the suez canal?
[11:16] {Threei}  hmmm
[11:16] {Threei}  as a fan of flyfishing in the middle of the city plaza, I'll stay with that
[11:16] {Threei}  btw, it must be plaza with no fountain
[11:17] {Threei}  good old asphalt all over
[11:20] {Threei}  let's trail SLW to .16
[11:21] {Threei}  this can easily be trend turn
[11:22] {dino} sm l chke .75
[11:30] {Threei}  sigh SLW
[11:30] {Threei}  I am off my game today
[11:30] {nemo} rinse day, and micro creep on the spy
[11:31] {Threei}  look at it playing out perfectly now
[11:31] {Threei}  and I can't even blame it, it was I who decided to tighten stop
06[11:32] * Threei shoots himself, mops out the blood off the floor and goes back to his desk to look for the next trade
[11:32] {nemo} where'd you shoot yourself
[11:32] {nemo} ?
[11:32] {Threei}  in the next room
[11:32] {nemo} on your anatomy
[11:32] {Threei}  that's personal
[11:33] {nemo} Well, I guess it wasn't in the head, because it would just bounce off
[11:33] {Threei}  but hint: I picked brain as the leats useful part
[11:33] {Threei}  or most useless
[11:33] {nemo} maybe try sticking the barrel under your chin near the larynx
[11:33] {Threei}  writing down, thanks for the pointers
[11:34] {Threei}  SLW 1:2... grr
[11:34] {nemo} less material to go through
[11:34] {Threei}  RIMM is short candidate again
[11:35] {Threei}  59 is standard trigger
[11:35] {Threei}  has potential for 50 cents drop
[11:36] {Threei}  who went for it, stop is .15
[11:37] {Threei}  discretionary trade, can't tell what kind of entry would be best here
[11:37] {nemo} no entry?
[11:37] {Threei}  ?
[11:37] {Threei}  [11:37] {Threei} discretionary trade, can't tell what kind of entry would be best here
[11:37] {nemo} joke vad
[11:38] {Threei}  since I have no sense of humor, it's lost on me
[11:38] {nemo} wife beat it out of you?
[11:39] {dino} ghl sm l .64
[11:39] {Threei}  it wasn't there to begin with
[11:39] {nemo} look...we blame her, she's not here to defend herself
[11:40] {Threei}  that' easy way out but the truth is I was born grim, humorless and frowned as soon asn my brows formed
[11:40] {nemo} X
[11:40] {nemo} two high volume dojis
[11:43] {Threei}  RIMM... all or nothing play for me
[11:43] {Threei}  stop .15, target about .55
[11:44] {magoo} me too
[11:50] {ese} ron......do you have a short position read on ldk?   if your hangin
[11:50] {RonS} ldk 14.7 mil sh short
[11:50] {ese} tks
[11:57] {magoo} taking too long vad
[11:58] {Threei}  well, it's not a reversal after sharp drop setup
[11:58] {Threei}  on those I don't want to see prolonged sitting around
[12:03] {dino} sndk sm l .50
[12:07] {RonS} oil at overnight highs...gold, silver popping...if oil rips through $91...katie bar the door
[12:09] {magoo} out
[12:09] {Threei}  you know what the most disgusting thing about today is?
[12:09] {nemo} we should get about 129.5 on the spy today
[12:09] {Threei}  I forecasted the action perfectly - and haven't found the way to benefit from it
[12:09] {RonS} eggaxly
[12:10] {Threei}  [09:24] {Threei} my working assumption:
[12:10] {Threei}  [09:25] {Threei} sharp pullback at the open, as those caught off guard and scared by Fri selling perceive this gap us as selling opportunity
[12:10] {Threei}  [09:25] {Threei} then turn up and slow steady climb back to high and higher
[12:11] {RonS} insult to injury: dino struggling too  :(
[12:11] {Threei}  oh well... it looks to become first losing day of the year
[12:11] {Threei}  unless some saviour on in shining armor white hourse rides in... for a dollar move on decent size
[12:13] {Threei}  I have an idea
[12:13] {Threei}  how about we consider it strider's fault?
[12:14] {nemo} interesting idea
[12:14] {strider} I knew it would happen
[12:14] {nemo} but he's here to defend himself
[12:14] {RonS} ye olde strider hex
[12:14] {nemo} not optimum scenario
[12:14] {nemo} actually, he's had a positive day I think
[12:14] {Threei}  let's hope he is out of shape nemo
[12:15] {strider} yeah, I've been accidentally going long when you called short....i'm up $22,000
06[12:16] * Threei slaps strider around a bit with a bottle of Antisarcastine
[12:33] {RonS} oil futes at 91.50
[12:33] {dino} .
[12:33] {nemo} they've got there excuse to go to 100 now
[12:34] {dino} were going there anyway
[12:35] {dino} chke stopped -.26
[12:37] {Threei}  Canada sent a plane to carry canadians stuck in Egypt home... egyptian officials keep it from taking off, referring to pilots' shift being over per regulations and demanding money for the permission to leave
[12:37] {Threei}  nice
[12:37] {RonS} ...send in the Mounties...
[12:37] {Threei}  with horses?
[12:38] {RonS} dog sleds
[12:38] {nemo} camels
[12:38] {dino} lol
[12:39] {dino} mubarek wants to board that plane
[12:40] {RonS} oil 91.66
[12:42] {Threei}  if RIMM proceeds now to the target, I will switch to Russian to characterize this day
[12:43] {Threei}  English with its 2 or 3 swearing words is just not suitable for the purposes
[12:54] {dino} svvs spike
[12:57] {Threei}  (CA) BoC's Carney: Continuing to watch the CAD and productivity as both CAD and productivity are risks to downside
[12:57] {Threei}  - Currently seeing more signs of US growth than in October; emerging markets may slow quickly if they overheat
[12:57] {Threei}  - private demand in advanced economies is showing good direction
[12:57] {Threei}  - G20 unlikely to reach a consensus with regard to the financial transaction tax (tobin)
[13:00] {RonS} lvs acting heavy
[13:07] {RonS} oil 91.92
[13:07] {RonS} 92.05
[13:18] {RonS} mags, catch any of the bidu move to 109?
[13:20] {magoo} a lil
[13:21] {dino} pll sm s .31
[13:22] {RonS} Credit Suisse said Pall could be a takeover target, with the company's chief executive planning to retire by March 2012 or earlier. "We believe Eric Krasnoff's retirement is a catalyst for the company to merge
[13:22] {Threei}  hmmm
[13:23] {Threei}  US) Fed's Lockhart: FX rate for the USD is not central to Fed policy; cannot speculate as to future value of USD
[13:23] {Threei}  - Q&A- More bank failures to be expected in 2011, but the health of the banking system overall has improved.
[13:23] {Threei}  how can Fed be not concerned about USD value
[13:23] {Threei}  oh wait...
[13:24] {Threei} Short Setup: LVS  .40 break
[13:28] {dino} jazz
[13:34] {Threei}  CME halts natural gas futures and options trading; no explanation yet
[13:34] {Threei}  what the
[13:34] {nemo} terrorists bombed the oil shale formations?
[13:35] {dino} f wants that 15.20 gap
[13:37] {Threei}  to resume at 13:45
[13:44] {ese} Wheres Les these days?
[13:45] {RonS} Switzerland
[13:45] {ese} been on the phone alll morning and it's looking like i'm gonna be in his neck of the woods in August.
[13:45] {ese} Denmark.......close enough
[13:46] {RonS} i think they have a lot of woods...but will ask kshun this pm
[13:46] {nemo} got all of Germany between you and him, frankly, I prefer having the Atlantic as a buffer
[13:46] {ese} hmmmmmmm maybe your right
[13:47] {ese} it's them shifty eyes...errrr fingers i see on the board
[13:47] {ese} you cannot trust someone with shifty fingers I always say
[13:48] {RonS} reminds me of my father-in-law:  always called me a half-breed:  russian hands and roman fingers
[13:48] {magoo} begin the russian vad
[13:48] {magoo} f'in rimm
[13:50] {Threei}  lol
[13:50] {ese} lol
[13:50] {nemo} break of spy bullflag coming?
[14:00] {Threei}  so mags... fess up... too RIMM again?
[14:00] {Threei}  took
[14:05] {ese} gotta go all see ya tomorrow.......if Les pops in tell him i'm coming to europe in the summer and i'm staying at his house
[14:05] {Threei}  take care ese
[14:05] {ese} cya vad
[14:07] {dino} cya es
[14:15] {RonS} oil 92.62
[14:18] {RonS} 92.80
[14:23] {RonS} f bomb
[14:24] {dino}  15.20 gap
[14:25] {Threei}  IMAX moves to NYSE
[14:25] {Threei}  Deb 11
[14:25] {Threei}  Feb
[14:25] {RonS} bigger theater?
[14:26] {Threei}  lol
[14:27] {Threei}  mags
[14:27] {dino} pll bstop to .01
[14:29] {magoo} huh?
[14:29] {Threei}  14:00] {Threei} so mags... fess up... took RIMM again?
[14:29] {magoo} i tried to short 59 2 more times and was rinsed
[14:32] {Threei}  look at this POS
[14:33] {Threei}  I offically announce today a cleansing day - Day of Rinse
[14:34] {dino} i can relate
[14:35] {dino} cov pll .91, +.40
[14:35] {Threei}  I feel all exfoliated
[14:35] {larisa} did you try it even once? :)
[14:35] {Threei}  I just learned to spell that
[14:36] {Threei}  and hey, sand paper should do a good job
[14:37] {kschun} POS Vad?
[14:39] {nemo} Piece of (expletive deletive)
[14:39] {kschun} ah o.k. thanks :-)
[14:42] {nemo} how are mrket internals sneeze?
[14:44] {kschun} they do not say a lot today. TRIN sligthly short all in all. but declining now.
[14:45] {kschun} ADVDEC AND UPVOLU/DOWN VOL negative for the moment. TICK got just above 0
[14:47] {kschun} really looking like nothing for the moment. better short then long, but not sure at all
[14:50] {Threei}  RIMM at target
[14:59] {Threei}  uh oh
[14:59] {nemo} what?
[15:00] {Threei}  (US) Florida Judge rules that mandated choice aspect of health care reform legislation is unconstitutional; injunction against legislation not imposed- Note: It was expected the judge may vote in favor of the plaintiffs on the individual mandate component given prior comments on the case, note the Judge was a appointee of Ronald Reagan, yet may not be as favorable on the secondary component which disputes the expansion of medicaid - Recall that two district court judges have rejected challenges to the individual mandate component of the reform, the requirement that citizens have health insurance by 2014 or pay a penalty. - A federal district judge in Virginia ruled against this provision of the law in December.
[15:10] {magoo} vad, gun to head, bidu pop or drop with eatrnings?
[15:11] {dino}  both
[15:14] {Threei}  lol
[15:14] {nemo} drop
[15:14] {Threei}  pop first drop second
[15:22] {kschun} not my day. did two trades on GENZ, both finished in the red.
[15:23] {Threei}  it's not anybody's day it seems
[15:24] {nemo} they're expecting 15 inches of snow here...oy frickin vay
[15:24] {Threei}  again??
[15:24] {nemo} yep
[15:24] {nemo} storm a week
[15:26] {RonS} 57 yest, 27 a.m., 10 now...won't be 10 again 'till wed p.m....freakin Canuckian artic cold front
[15:26] {dino} ks, i'm 3 for 8, pretty much suck
[15:27] {nemo} I feel better
[15:27] {nemo} schadenfreude and all
[15:27] {nemo} vaseline day for me too
[15:31] {Threei}  misery loves company eh
[15:31] {nemo} yep
[15:34] {Threei}  ok
[15:34] {Threei}  lasdt chance to salvage something
[15:34] {Threei} Short Setup: SLW  .60 break
[15:45] {Threei}  invalidated
[15:57] {Threei}  Ok guys, letting this dasy be
[15:57] {Threei}  (as if I have a choice)
[15:57] {Threei}  have a good evening, see you tomorrow
[15:58] {kschun} great eve, thanks Vad
[15:58] {larisa} bye all :)
[16:00] {dino} thx all, gn