Session Time: Fri May 18 00:00:00 2012
[09:16] {Threei} strapless bra again this morning?
[09:19] {Threei} Spain's banking sector said to be calling on market regulator for renewed ban on short-selling
[09:19] {Threei} yeah, that'll help
[09:20] {RonS} gm everyone
[09:20] {cc_8} hello
[09:21] {Threei} ron, cc8 :)
[09:21] {Beau} good morning all
[09:21] {Threei} beau :)
[09:25] {thomcbell} closing trin and trinq was very muted - surprised
[09:25] {ese} ahhhhh
[09:25] {thomcbell} very high closing tick readings though - highest in some time
[09:25] {ese} morning
[09:25] {thomcbell} trin and trinq show very methodical selling - not capitulation
[09:25] {Threei} ese :)
[09:26] {Threei} what was the problem?
[09:26] {Threei} doesn't feel like capitulation to me either, tbell
[09:26] {Threei} I rely on general sense more than on indicators for this... and we are far from real all-out panic
[09:28] {dino} gm
[09:29] {Threei} dino :)
[09:29] {Threei} EU) Some major banks have told clients that there could be a strong rally in risky assets if Greece is forced out of the Euro Zone - London Telegraph's Ambrose Evans-Pritchard- The analysts believe that if Greece left the Euro, global authorities would support markets by providing large amounts of liquidity. - Bank of America believes that there could be a "powerful short squeeze" in risk assets if there were a Greek exit. Also, the firm believes that in such a situation, the Euro would rise to $1.40 against the USD after falling to $1.20. Believes that initial panic selling could drive the Euro down to $1.20, before it rebounds.
[09:29] {Threei} idiots
[09:30] {Threei} JOPM bounce candidate
[09:30] {Threei} JPM
[09:31] {Threei} too fast... got away for now
[09:33] {_ristorates} gdx moving again
[09:33] {Threei} Long Setup: JPM .80 break hl
[09:33] {Threei} If holds .70
[09:34] {Threei} change to .70 break
[09:34] {Threei} If holds .60
[09:37] {nemo} gdx going
[09:37] {Threei} no worky JPM
[09:37] {Threei} too bad, nice double bottom was forming
[09:39] {Threei} nice pullback GDX
[09:40] {Threei} Long Setup: GDX .45 break
[09:41] {Threei} change to .40
[09:41] {Threei} If holds .30
[09:42] {nemo} spy coming into yesterday low, not seeing long there yet
[09:42] {Threei} change to .30
[09:43] {Threei} If holds .20
[09:44] {nemo} iwm setting up long, but spy iffy
[09:44] {Threei} weakness is quite profound
[09:44] {nemo} .20 break tna half lot
[09:45] {Threei} GDX target 1:2
[09:46] {Threei} 1:1
[09:46] {nemo} stop to entry on tna
[09:46] {nemo} this is iffy territory
[09:47] {nemo} 1:1
[09:47] {Threei} 1:2, out
[09:47] {cc_8} market is weak, alot of my guys that are long are getting hurt
[09:47] {cc_8} long other stocks though
[09:50] {dino} feels like lehman all over
[09:50] {nemo} out under .29
[09:50] {Threei} still ahead dino
[09:51] {Threei} it's pre-lehman
[09:51] {nemo} yeah, but this time lehman=Europe
[09:51] {Threei} yup
[09:51] {nemo} I'm waiting for the cannabalism stories
[09:52] {Threei} Long Setup: SLW .30 break
[09:52] {nemo} 1:2
[09:53] {Threei} nice
[09:53] {nemo} trying for .60 last piece
[09:53] {Threei} target 1:2
[09:55] {Threei} stop to .24
[09:55] {nemo} i'm out last .50
[09:55] {nemo} working too hard
[09:55] {RonS} gj nemo
[09:55] {nemo} ty ron
[09:56] {Threei} out
[09:57] {Threei} Long Setup: GDX .50 break
[09:57] {Threei} stop .44
[09:58] {Threei} (GR) EU's Rehn: Currently working to keep Greece in the EMU: political parties must respect prior decisions; Spain does not need EU aid to fix its banking system- Affirms Spain has not requested aid for its banking system and the regions budgets are in line with targets
[09:59] {dino} lol
[09:59] {dino} down we go
[10:00] {Threei} market getting spooked again
[10:04] {Threei} nervous up and down
[10:04] {Threei} let's pick safest setups and keep stops tight
[10:04] {Threei} listless trading so far
[10:04] {nemo} op ex friday also
[10:05] {Threei} and FB ahead
[10:05] {Threei} around 11 I think
[10:05] {nemo} clear as Vad's mind out there
[10:05] {Threei} both SLW and GDX rinsed
[10:05] {RonS} some saying europe short ban sends things down...
[10:05] {Threei} quite possible
[10:06] {Threei} everyone knows it doesn't work and only demonstrates weakness
[10:06] {nemo} but after a week like this you might see short covering today, if we don't see short covering, can you say "Black Monday"?
[10:06] {Threei} no one knows... too many developments
[10:08] {dino} gut feel, steady drind down until greek elections
[10:08] {dino} griind
[10:08] {dino} grind, sheesh
[10:09] {ese} yup agreed
[10:09] {nemo} wonder if the Israeli's can swing buy GReece on their way back from Iran
[10:09] {nemo} was that harsh?
[10:09] {Threei} Long Setup: HRL .70 break
[10:09] {dino} lol
[10:09] {RonS} no, funny
[10:09] {RonS} ?
[10:09] {Threei} If holds .60
[10:09] {ese} facebook should should be a little pop up today though.....then dn
[10:10] {Threei} I'd think so... everyone and their brother valling bottom
[10:11] {RonS} lol...fb set to come out and 3i trades spam
[10:11] {nemo} gdx interesting
[10:11] {Threei} GDX forms .60 break setup, but they get rinsed today
[10:11] {Threei} so let's try and buy the rinse
[10:12] {Threei} if it breaks and drops under .50 stopping breakout buyers, this is where we want to try and enter why their stops are hit
[10:12] {Threei} where
[10:13] {thomcbell} vad i feel like this gdx can be two sided
[10:13] {thomcbell} leaning long obviously
[10:13] {Threei} .50 break short?
[10:14] {Threei} could be... I just feel hesitant agout shorting the strongest sector out there
[10:14] {thomcbell} y - scratch it
[10:14] {dino} gs sm l .0
[10:14] {dino} .01
[10:15] {thomcbell} lvs - after a 23 day consecutive decline shows relative strength
[10:15] {thomcbell} lol
[10:17] {Threei} HRL invalidated
[10:22] {Threei} Long Setup: TZA .70 break
[10:22] {ese} L PHMD .95
[10:22] {ese} sm
[10:23] {Threei} .64 stop
[10:23] {ese} L CAR .61
[10:24] {ese} maybe shoulda waited til car covered the gap a little more but.......we'll see
[10:26] {Threei} no go
[10:27] {ese} venturing into your territory dino with phmd
[10:29] {dino} gs stop -.38
[10:30] {dino} no feel for it ese
[10:32] {ese} PHMD: Reports Q1 $0.56 v $0.28e, R$50.3M v $46Me (18.34, +0.41, 2.29%)
[10:33] {ese} wether it bounces today or not am not sure but have a feeling that it will
[10:34] {ese} Out Car 1/2 .71 +.10 balance to break even
[10:34] {dino} ok
[10:34] {ese} car BABY !!!!!!!! do it!!!!!!
[10:36] {ese} working on the infamous 1k/1k split technique.........it's the feel good technique
[10:36] {ese} stop to .65 balance
[10:36] {ese} to .69
[10:37] {dino} hibb drop
[10:38] {dino} sm l .03
[10:38] {ese} is that a new dance move.........the "hibb drop"
[10:38] {dino} indeed
[10:38] {dino} beat and raised
[10:39] {ese} lol
[10:39] {Threei} GDX...
[10:39] {Threei} no rinse this time
[10:39] {ese} car stop to .75
[10:39] {Threei} shrug
[10:39] {ese} nice
[10:39] {ese} to .80
[10:40] {dino} gj
[10:40] {ese} stopped .80 +.29 car .....the 1k/1k split
[10:41] {ese} tks
[10:43] {Threei} Long Setup: WYN .25 break
[10:44] {ese} phmd not working out so good though.........it's spooky being in a stock thats this thin......don't know how you do it dino
[10:44] {dino} phmd sm l .92
[10:44] {Threei} If holds .20
[10:44] {Threei} half out .34
[10:44] {dino} small size is the answer ese
[10:45] {Beau} missed-too fast
[10:45] {dino} dhi l .00
[10:45] {Threei} .27 was obtainable...
[10:45] {ese} ya....400 is all here
[10:45] {dino} same
[10:47] {Threei} out in full
[10:48] {Threei} Long Setup: CCL .25 break
[10:48] {Threei} If holds .20
[10:51] {Threei} FB CNBC: Facebook shares indicating near $45/shr at the moment
[10:52] {Threei} I see 50 and 60 bids blinking
[10:52] {Threei} 75
[10:52] {Threei} lol
[10:52] {ese} car ....nice move towards .00
[10:52] {Threei} 150
[10:52] {Threei} sigh
[10:52] {cipher} out hibb .62 +.80 thx dino
[10:52] {Threei} suckers are being set up
[10:52] {Threei} wtg
[10:53] {ese} whoa.....nice ciber
[10:53] {cipher} ty
[10:54] {dino} gj cipher
[10:54] {RonS} gj cider
[10:54] {RonS} ...trying to make ese feel good
[10:55] {ese} lol
[10:55] {dino} butchering his name, lol
[10:56] {dino} out hibb .07, +1.04
[10:56] {cipher} wtg dino
[10:56] {dino} ty buddy
[10:56] {ese} well done guys.......
[10:57] {ese} picture vad sitting back in his chair twiddling thumbs ...nodding head......feeling proud!!!
[10:57] {dino} out dhi .12, +.12
[10:58] {dino} roflol
[10:58] {Threei} lol
[10:59] {ese} either that or its the infamous chin slump and he's big time asleep
[10:59] {Threei} how is it mutually exclusive?
[10:59] {ese} lol
[11:02] {cipher} hibb s .28
[11:04] {RonS} dino, watch gsvc off this fb open
[11:04] {dino} ok
[11:06] {RonS} delayed 'til 11:15
[11:07] {dino} they own 350000 shares of fb common
[11:08] {RonS} their twitter holdings are the ticket w/ them imo
[11:10] {dino} most stories are not favorable for gsvc
[11:11] {dino} nice hibb short cipher
[11:11] {cipher} cov hibb .96 ave +.32
[11:11] {cipher} ty
[11:13] {Threei} Short Setup: PRU .05 break hl
[11:13] {Threei} If holds .15
[11:17] {Threei} Invalidated
[11:18] {RonS} lol...I want to buy $FB at the HIGH of the day so maybe i'll get on TV :)
[11:18] {Threei} lol
[11:19] {dino} as long as i know you'll buy my shares, we have a deal
[11:21] {dino} phmd to flat, don't like mkt dropping
[11:22] {RonS} lol...FB please give me back the last 22 min of my life
[11:25] {RonS} fb open skyrocketing to the 4th biggest lie known to mankind
[11:27] {RonS} fb delayed purposely to torture cnbc...
[11:28] {ese} L car .88
[11:29] {ese} phmd is crawling slower than a snakes belly in a wagon rut
[11:29] {RonS} lol...America is crisi...fb open delayed...never forget
[11:29] {Threei} open
[11:29] {RonS} crisis
[11:29] {cc_8} Facebook is trading
[11:31] {ese} good luck trying to get in
[11:32] {RonS} wow 95 mil shares in 3 min
[11:32] {_ristorates} weak
[11:33] {dino} dropping
[11:33] {_ristorates} oh oh
[11:36] {ese} my quotes say $128.00 ask $40.00 offer.........bizzare
[11:38] {ese} 08:36TradeTheNews.com US Market Update: Facebook Mania Distracts from Europe Have Market Intel? TradeTheNews.com
[11:38] {RonS} svvc crash
[11:38] {ese} ya right.......as the mrkt tanks
[11:38] {RonS} Zynga shares halted after Facebook's debut
[11:38] {dino} trading at 40.01-40.02
[11:38] {Threei} ZNGA halted
[11:40] {ese} my quotes are all f't up dino...showing $125 bid $40 offer
[11:41] {dino} schwab/cyber trading 39.99-40.00 now
[11:41] {dino} trading fine
[11:43] {RonS} $2 swing in 1 min...trading fine?
[11:45] {RonS} wow fcx new low
[11:46] {thomcbell} slw vulnerable here
[11:46] {thomcbell} look at auy
[11:46] {dino} meant my bid/ask were fine
[11:48] {Threei} not veru inspiring debut so far
[11:48] {RonS} i know...just saying maybe ese is lucky...so he doesn't get sucked into trading this
[11:49] {nemo} it drops 38 could take market with it
[11:49] {nemo} too many orders on the bid for my display
[11:50] {Threei} TNA scalp is coming
[11:50] {RonS} wow...offer size at 38
[11:50] {nemo} .73 on iwm, wait until spy gets closer to .15
[11:51] {nemo} I'd be worried about a bounce if FB drops 38
[11:51] {Threei} Long Setup: TNA .20 break hl
[11:51] {Threei} change to .10
[11:51] {Threei} stop under 45
[11:52] {Threei} target 1:3
[11:52] {ese} OK Vad.........ya got some splainin ta do.......how is it tha the mrkt views this one negatively.....i'm watchin the spyders and there tankin
[11:52] {Threei} 1:1
[11:52] {Threei} hold on ese, lemme finish TNA
[11:52] {ese} definitely
[11:53] {Threei} scalpers win
[11:54] {nemo} nobody listens to me..sniff...sniff
[11:54] {Threei} it's easy:
[11:54] {Threei} Europe concerns never went anywhere, situation worsens by day,
[11:54] {Threei} FB IPO was a hot issue giving hope that it could dxcemonstrate market eagerness
[11:55] {ese} i'm all ears nemo.......hit me with it
[11:55] {Threei} It didn't happenm IPO is not doubling
[11:55] {cipher} got small shares just for fun... FB l .02
[11:55] {Threei} so market shrugs and disappointedly returns to its usual programming
[11:56] {nemo} vad, look for tna bounce when spy get's between .10-15
[11:56] {cipher} out fb .40 +.38
[11:56] {ese} I can buy that
[11:56] {dino} gj
[11:56] {cipher} now I can be on TV :-)
[11:56] {nemo} how ya' diapers cipher?
[11:56] {Threei} lol
[11:56] {ese} nice cipher
[11:56] {ese} 10 shs
[11:56] {ese} ya said sm
[11:56] {cipher} still dry nemo :-)
[11:56] {nemo} he obviously never saw you trade FITB in your heyday
[11:57] {nemo} ese
[11:57] {ese} lol
[11:57] {ese} ya......dem dere 5k 10k 15k days are over
[11:58] {ese} rare occurance now
[11:58] {_ristorates} money goes back into AAPL?
[11:58] {Threei} ugh TNA
[11:58] {Threei} at the target
[11:58] {ese} hmmmmmmm......now theres a thought
[11:59] {Threei} Long Setup: GDX .10 break
[11:59] {Threei} If holds 42
[12:00] {dino} dhi l .85
[12:03] {Threei} 1:1
[12:04] {dino} out gdx +.12 ty vad
[12:04] {dino} out dhi .97, +.12
[12:06] {Threei} :)
[12:12] {ese} L car .77 avg .85
[12:13] {dino} meli spike
[12:13] {dino} hibb sm l ave .75
[12:17] {Threei} http://goo.gl/Qz3BO
[12:21] {Threei} Short Setup: GDX 42 break
[12:22] {Threei} If holds .10
[12:25] {thomcbell} gld is holding onto decent day
[12:26] {nemo} C&H on spy and iwm
[12:28] {ese} good article vad......and speaking of which......when my summer holidays start i'm planning on doing the chart pattern recognition course...can always use an extra edge
[12:29] {Threei} cool beans
[12:29] {Threei} GDX is valid
[12:29] {ese} yup
[12:30] {Threei} not anymore
[12:31] {ese} dino ...you stopped out of phmd?
[12:32] {dino} yes, flat
[12:32] {ese} i'm still hangin
[12:32] {dino} all things considered, it held well in that mkt drop
[12:34] {ese} ya
[12:34] {dino} kmp drop
[12:35] {dino} sm l .45
[12:37] {Threei} Long Setup: FB .89 break small shares
[12:38] {Threei} half out
[12:38] {Threei} stop .85
[12:39] {Threei} out in full
[12:39] {thomcbell} long setup slw 25.01 break if holding 24.890
[12:39] {Threei} can I be on TV too now?
[12:40] {ese} car.......am startin to love this stock
[12:40] {Threei} Facebook profited from me, no doubt... time for me to profit from it
[12:43] {thomcbell} slw still below the O.R. unlike GDX
[12:44] {Threei} lol:
[12:44] {Threei} ATHENS (The Borowitz Report) � After struggling for months with an intractable financial crisis, Greece announced today that it would cease to exist as a sovereign nation and would instead reboot itself as a social network.
[12:44] {Threei} The new entity, FetaBook, is expected to raise much-needed billions in an upcoming IPO.
[12:44] {thomcbell} out slw -0.12
[12:44] {dino} schn blood
[12:47] {Threei} Short Setup: FCX .15 break
[12:47] {Threei} If holds .20
[12:49] {Threei} change to .20 break
[12:49] {Threei} If holds .25
[12:53] {Threei} half out
[12:54] {Threei} stop to .21
[12:54] {Threei} scalpers feel free to take profit
[13:03] {RonS} Prince Alwaleed invested $300 mil in twitter...Bloomberg
[13:04] {Threei} out 1/4 more FCX
[13:05] {Threei} stop to .11
[13:06] {Threei} look at 1 min, how neat the setup looks
[13:12] {RonS} lol...twitter just went down for me...
[13:13] {RonS} nice timing Prince
[13:13] {Threei} lol
[13:13] {RonS} ...now back
[13:21] {Threei} (GR) Germany Chancellor Merkel recommends Greece conduct a referendum on Euro Zone membership simultaneously with the upcoming Greece election - financial press
[13:22] {Threei} I'd rather suggest referndum on repaying debt to eurozone... they may vote to remain in it but only on their own conditions, lol
[13:22] {RonS} ha, so what...they will vote for membership and parties to flake commitments
[13:22] {Threei} now, this is pure beauty:
[13:22] {Threei} (EU) US President Obama and President Hollande have both agreed Greece should stay within the EMU
[13:22] {Threei} Have Market Intel? TradeTheNews.com Tip Line -} Click Here
[13:23] {RonS} schn no buyers to be found
[13:23] {_ristorates} Good for gld? More bailouts
[13:23] {Threei} total deja vu of a post-soviet joke: Argentina and Belarus signed a peace agreement between Moldova and Mongolia
[13:25] {Threei} covering last piece of FCX
[13:25] {Threei} +.26
[13:26] {Threei} too many moving parts, ristorates...
[13:26] {Threei} one of scenarios, sure
[13:26] {Threei} but there are others
[13:29] {Threei} what, no one took FCX?
[13:29] {Threei} one of the cleanest setups today
[13:31] {Threei} sigh... time to go to a monastery...
[13:31] {Threei} noone listens to me anyway
[13:32] {Threei} might just as well spend my days reciting ommm mahny padme hoommm
[13:32] {dino} gj
[13:32] {Threei} just need a cave woth internet so I don't miss gems like this:
[13:32] {Threei} In retrospect, the FB tattoo might have been a bad idea
[13:32] {Threei} lol
[13:33] {dino} out kmp .28 -.17
[13:38] {Threei} aww... too soon, FCX
[13:40] {dino} typical eod selloff in the making
[13:48] {ese} yawwwwwwwwwnnnnnn.........do do do do..........yawnnnnnnnnnnn
[13:49] {ese} thinkin about going L fb here....could be a nice little break out at 42
[13:49] {ese} opps...so much for that
[13:51] {RonS} LVS short 3i?
[13:51] {Threei} I think so
[13:51] {Threei} just tiggered
[13:51] {Threei} stop above .20
[13:56] {dino} thinking about mowing the lawn....
[13:57] {Threei} I hate those thoughts
[13:57] {RonS} ...living the dream, eh?
[13:57] {dino} lol
[13:57] {Threei} I am usually having them for 3-4 days, then they turn reality
[13:57] {Threei} and that's the part I hate the most
[14:07] {Threei} 1:1 LVS
[14:07] {Threei} almost 1:2
[14:07] {Threei} good spot Ron
[14:08] {Threei} I can hardly see anything, my eyes are covered by tears caused by premature FCX cover
[14:12] {ese} well......whats it gonna be phmd.......ehhhhhhh.......got things to do today
[14:21] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
[14:22] {Threei} FAZ at the high
[14:22] {RonS} man, why have we not been shorting met...?
[14:23] {ese} hmmmmmmmmmm got me there
[14:23] {Threei} I tried to short PRU
[14:23] {Threei} got invalidated
[14:23] {Threei} [11:13] {Threei} Short Setup: PRU .05 break hl
[14:23] {Threei} [11:13] {Threei} If holds .15
[14:23] {Threei} [11:17] {Threei} Invalidated
[14:23] {ese} your human after all
[14:24] {ese} well........
[14:24] {Threei} but MET is much weaker
[14:24] {ese} that just destroys my image of you
[14:29] {ese} although........hmmmmmmmm.....the image of barbequeing shiskabobs is still very stong in my mind however
[14:29] {Threei} lol
[14:29] {ese} the image of you
[14:29] {ese} that is
[14:32] {dino} 2495 ndx filled
[14:32] {dino} 12421 fill dji
[14:32] {dino} s/p 1289 open, 1257, 1195, 1155
[14:33] {dino} calling it a week. thx all, some great ideas, appreciate the help
[14:33] {Threei} have a good weekend dino
[14:34] {dino} u2
[14:34] {Threei} what a disastrous turn of the day for bulls
[14:35] {RonS} cya dino...have some mow fun...
[14:35] {Threei} just whe it klooked they had a shot at reversal
[14:36] {RonS} ya McClellan closed yest -100.8...now at -104
[14:36] {RonS} flash crash was -140 so guess there can be more
[14:37] {nemo} looking at 4 hour charts of spy and IWM, they are shaping up for a bounce, maybe not today though
[14:39] {Threei} and with all this, do you have a sense of capitulation s'elling?
[14:39] {Threei} I ansolutely don't
[14:39] {Threei} still orderly selling, slow slide
[14:40] {Threei} no large scale panic yet
[14:43] {RonS} 3i...check out the pipeline 6-12 mo charts...like kmr, mwe, kmp others
[14:43] {RonS} unreal w/ the yields...if the natty guys are shutting in wells is thai causing it?
[14:43] {RonS} this
[14:44] {Threei} I've no idea... your guess is as good as mine
[14:44] {Threei} there are so many conflicting happenings in energy swector
[14:47] {Threei} if you want an evidence for what disarray Europe is in, read this:
[14:47] {Threei} (GR) Germany Govt Spokesperson denies Merkel called on Greece to consider a referendum
[14:47] {Threei} - Follow up: 14:40ET: Greece President office confirms Merkel recommended referendum for Euro
[14:50] {Threei} (GR) Reports now said to indicate that the ECB along with the EU Commission are working on contingency in case of Greece EMU exit - press
[14:50] {Threei} - Said to be evaluating any impact on the firewall and banking institutions.
[14:50] {Threei} - Follow up: EU official notes the existence of contingency plans do not assume a Greece Euro exit will occur.
[14:50] {Threei} **Reminder: Earlier the EU Trade Commissioner de Gucht: commented that the ECB and the EU Commission are working on emergency scenarios for a Greek euro exit; and later reports disclosed that the EU commission had denied the reports that it was working on emergency plans
[14:52] {Threei} let's see if we get some bounce here to scalp
[14:53] {Threei} TNA pullback to about .30 - .35 for entry, half lot
[14:54] {Threei} .35 break long
[14:54] {Threei} If holds .25
[14:55] {nemo} might want spy to hold .95 too
[14:55] {Threei} target 1:3
[14:59] {Threei} nope
[14:59] {nemo} wow, wynn today
[15:07] {RonS} nemo, you may find this interesting after the market closes...http://tinyurl.com/7le54el
[15:08] {nemo} I've been checking out some of my HFT trackers on Facebook since it opened
[15:13] {RonS} guess the last time sp down 12 of 14 days...
[15:14] {Threei} 1987?
[15:14] {RonS} August 1974
[15:14] {Threei} wow
[15:17] {Threei} Long Setup: IWM 75 break hl
[15:17] {Threei} If holds .90
[15:19] {Threei} not getting last hour right
[15:20] {RonS} hearing more Greek news...
[15:20] {Threei} don't see any yet
[15:20] {RonS} guess he can afford the $60 mil...Saverin’s Facebook stake worth $2.1 billion filing shows
[15:22] {Threei} well, that's if he can sell it at these prices
[15:22] {Threei} which is far from given
[15:22] {Threei} he might have to live on 1B only if it drops to $20...
[15:23] {Threei} isn't it sad
[15:23] {RonS} fb looking to test 38 again...
[15:24] {RonS} L2 a zoo
[15:26] {RonS} goog smack
[15:27] {Threei} if it loses 38, we can safely label it a failure as far as first day IPOs go
[15:27] {Threei} considering all the hype and expectations...
[15:30] {RonS} heard fb may need re-name to Faceplant
[15:30] {Threei} I am pretty sure 38 won't hold
[15:31] {Threei} too bad we can't short it
[15:37] {Threei} Long Setup: FAZ .80 break
[15:37] {Threei} If holds .70
[15:42] {Threei} panic comes
[15:42] {Threei} half out FAZ
[15:43] {Threei} this close to close, gotta cut risk down
[15:43] {Threei} stop to .78
[15:50] {Threei} wow... a lot of selling at 38
[15:50] {Threei} plenty og buyers too
[15:53] {Threei} about to break
[15:55] {Threei} wow... held
[15:56] {Threei} (US) G8 meetings: UK Cameron reiterates will not support financial transaction tax put forth by President Hollande of France
[15:56] {Threei} thank you Cameron
[15:56] {Threei} one relatively sane person over there
[15:58] {RonS} good weekend to all...ciao
[15:58] {Threei} thank you all
[15:58] {Threei} have a great weekend
[16:03] {ese} cya all
[16:05] {Beau} good times this weekend to all
