Jan 29 2009

Many room members found quite a few nice plays; I was mostly sitting things out. Other than GERN nice run-up and something unusual happening with PALM, not much interesting.                                                                                                           

Session Time: Thu Jan 29 00:00:00 2009

[07:39] {hawkfan4} poor DRYS

[08:08] {nemo} mornin'

[08:08] {hawkfan4} morning nemo

[08:08] {Onix} Good morning early birds :)

[08:09] {hawkfan4} Onix :)

[08:09] {nemo} it's late on the east coast

[08:09] {Onix} 5 am over here

[08:09] {nemo} it's after lunch for ksystems

[08:09] {hawkfan4} where are you Onix?

[08:09] {KSystems} *burp*

[08:09] {KSystems} yeah, just finished

[08:09] {Onix} Vancouver, Canada

[08:09] {nemo} na ja...sei geduldig

[08:09] {hawkfan4} Ah, cool

[08:09] {Threei}  [19:30] {elepet} OMG...It's late and noone is here i guess, but i just took a look at DRYS after hours. way way down, and i absolutely forced myself to sell 5 minutes before the close with a nice profit. So thank you all.

[08:09] {nemo} und auch gnadig

[08:10] {hawkfan4} whew, was wondering about that

[08:10] {Threei}  :)

[08:10] {Onix} sounds likeAfrikaans nemo?

[08:10] {hawkfan4} scalped 8.85 to 9.19

[08:10] {nemo} nope...but related

[08:11] {Onix} dutch?

[08:14] {cosmo} i'll buy

[08:14] {nemo} Deutsch

[08:15] {nemo} well, my approximation of what I can remember, Ksystems is probably squirming in grammatical disgust

[08:20] {KSystems} by comparing german to africaans?

[08:20] {KSystems} no

[08:20] {KSystems} just ignoring you from now on ;)

[08:21] {KSystems} DRYS blood...

[08:21] {KSystems} news?

[08:22] {nemo} no meine Fahigkeit

[08:22] {hawkfan4} yes, 500 million$ offering of shares, + a downgrade this morning

[08:30] {Threei}  practically doubled shares

[08:31] {larisa} morning

[08:31] {nemo} that's what happens when banks aren't lending-inwestor dilution

[08:31] {Threei}  larisa :)

[08:31] {nemo} larisa :)

[08:31] {larisa} threei, nemo :)

[08:32] {Threei}  INITIAL JOBLESS CLAIMS: 588K V 575KE; CONTINUING CLAIMS: 4.776M V 4.620ME

[08:32] {Threei}  - Prior jobless claims revised from 589K to 585K

[08:32] {Threei}  - Prior continuing claims revised from 4.607M to 4.617M

[08:32] {Threei}  DEC DURABLE GOODS ORDERS: -2.6% V -2.0%E; DURABLES EX-TRANSPORTATION: -3.6% V -2.7%E

[08:32] {Threei}  - Prior Durables revised from -1.5 to -3.7%

[08:32] {Threei}  - Prior Durables Ex Transportation revised from +0.6% to -1.7%

[08:35] {larisa} DRYS is not nice, hope elepet sold 

[08:36] {Threei}  [19:30] {elepet} OMG...It's late and noone is here i guess, but i just took a look at DRYS after hours. way way down, and i absolutely forced myself to sell 5 minutes before the close with a nice profit. So thank you all.

[08:36] {larisa} good :)

[08:36] {cujo} g'morning

[08:36] {Threei}  cujo :)

[08:36] {nemo} You ought to try your other arm, Vad...

[08:36] {larisa} good morning cujo

[08:36] {cujo} morning larisa

[08:36] {nemo} dog...

[08:36] {cujo} nemo

[08:37] {Threei}  anyone here is a fan of Lost?

[08:37] {nemo} Hey Hawk...Bruins might actually make some serious noise this year...only been 20 years

[08:37] {nemo} No

[08:38] {hawkfan4} They are looking good.  i'm just glad the Hawks are finally starting to get it together.  It's been a long time since they've been even decent.

[08:39] {nemo} I can empathize

[08:39] {hawkfan4} i am Vad

[08:40] {KSystems} Yes Vad

[08:40] {KSystems} love it

[08:40] {Threei}  :)

[08:40] {Threei}  creators said befofe this season start, they are in answers mode now,

[08:40] {KSystems} but dont spoil me =) recent two seasons havent aired in germany

[08:41] {Threei}  yeaterday's episode, if anything, only adds questions, lol

[08:41] {Threei}  oh, wow

[08:41] {Threei}  that's a bummer

[08:41] {Threei}  IMO, last two are the best

[08:41] {ese} morning

[08:41] {Threei}  ese :)

[08:41] {hawkfan4} hey es

[08:42] {Threei}  they are on internet somewhere I believe KS

[08:42] {Threei}  ad before the episode had url

[08:44] {Threei}  http://abc.go.com/primetime/lost/index?pn=index

[08:45] {Threei}  oh, great

[08:45] {Threei}  only for USA veiwers

[08:46] {nemo} maybe a torrent site

[08:46] {Threei}  but that would be commerial-free

[08:48] {ese} hey hawk.....was down on the floor doing stretching exercises

[08:48] {i2romantis} morning everyone!

[08:49] {Threei}  i2r :)

[08:49] {cujo} morning i2r

[08:49] {hawkfan4} that actually sounds like a good idea es

[08:50] {Threei}  (RU) RUSSIA PM PUTIN REPORTEDLY SETS OIL EXPORT DUTY AT $100.90/TON

[08:50] {Threei}  great... now we have to convert ton to barrel

[08:51] {nemo} The Tsar is back....

[08:51] {nemo} that's like $25 a barrel

[08:52] {Threei}  with abundance of oil on the market, sounds like surefire way to render themselves irrelevant

[08:52] {nemo} or give others ideas

[08:53] {cosmo} why burn oil when you can burn bridges?

[08:53] {nemo} Only temporary cosmo

[08:54] {cosmo} yes... fires eventulaly die

[08:54] {Threei}  I saw Gore on TV yesterday... he told me we are at the tipping point

[08:54] {cosmo} eventually

[08:54] {cosmo} cheers then

[08:55] {Threei}  I expected the sentence to end with "... frm warming to cooling"

[08:55] {Onix} you spoke to Gore on TV Vad?

[08:55] {Threei}  well, they talk to me... sometimes I try to asnwer

[08:55] {Onix} :D

[08:55] {Threei}  but my answers are rarely suitable for women and children

[08:56] {nemo} Yeah, archeologists centuries from now will find him frozen in a glacier

[08:56] {Onix} :O

[08:56] {Threei}  and considering how rich Russian is in swearing department...

[08:58] {Onix} you don't have one of those rubber bricks you can throw at the tV?

[08:59] {Onix} it works better than throwing the remote ... trust me

[09:01] {Threei}  no, I don't go that far

[09:02] {Threei}  swearing at TV is relaxation tchnique to me

[09:03] {nemo} I was at a party once where the guy who owned the place got up and put a 1 wood right through the screen...relaxation I guess

[09:03] {nemo} nice swing actually

[09:04] {cujo} what was showing on the TV that made him that mad?

[09:04] {cujo} and by 1 wood, do you mean a Driver or a 1 iron?

[09:04] {hawkfan4} i'm guessing it was CNBC

[09:04] {cujo} ha ha ha

[09:05] {nemo} I was "rather drunk at the time" to quote a favorite Pom.  I don't remember 1 wood=driver, yes.  Sorry....OLD school.  Nah, twenty years ago.

[09:05] {cujo} ha ha ha.  that is funny.  

[09:06] {nemo} Yeah, good thing I was driving...could barely walk

[09:06] {dino} gm all

[09:07] {nemo} dino :)

[09:08] {dino} gm nemo

[09:09] {Threei}  dino :)

[09:09] {cujo} morning dino

[09:09] {cujo} you make the McDonalds run this morning?

[09:10] {fernp} Hello everybody

[09:10] {Threei}  fern :)

[09:10] {elepet} good morning all

[09:11] {nemo} little C&H on FAZ just broke

[09:11] {Threei}  good morning elepet, congratulations on timely DRYS exit

[09:11] {hawkfan4} no kidding, nice job

[09:11] {dino} no cujo, magoo's upset

[09:12] {cujo} :(

[09:13] {dino} sidetracked, daughters' at my office skipping school

[09:13] {cujo} ahh, bring your kids to work day.  

[09:13] {cujo} Dino jr.

[09:13] {ese} am still long DISH  .29 from yesterday....am gonna dump at open

[09:13] {dino} no, he got on the bus

[09:14] {Threei}  12.29?

[09:14] {elepet} thanks. i wasn't sure anyone saw that post. it really was sstrange. 6 minutes before close i sold half. 3 minutes later i had a panic call and sold the rest. not at the price i wanted but enough. whew.

[09:14] {ese} 13.29

[09:14] {cujo} great call el

[09:15] {Threei}  I saw elepet, was happy to see

[09:15] {ese} should have gotten rid of it at .45 to .50 but wasn't near my computor

[09:15] {ese} hanging defeats purpose of the trade ...was just a day trade

[09:16] {cujo} Vad, outside of usual suspects, anything you think we should keep a close eye on this AM?

[09:17] {Threei}  not at this point, I don't see anything trading in unusual enough way to warrant special attention

[09:17] {magoo} SIGHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

[09:17] {Threei}  sheesh... magoo, torture is forbidden now, haven't you heard

[09:17] {Threei}  so id self-torture

[09:17] {Threei}  in which you are engaged

[09:18] {dino} well; hell is repetition (storm of the century)

[09:19] {cujo} s qqqq .01

[09:19] {Threei}  as much as ChanServ enjoys it... I'd still urge you to talk to KS and set it up right finally :)

[09:19] {ese} the only way that little message could be more annoying is if they put in capitols and highlighted the word "YOU" are not permitted etc etc

[09:19] {Threei}  lol

[09:20] {nemo} Or...they lifted your name and inserted that..

[09:20] {magoo} you are not coming up in floor today vad

[09:21] {Threei}  I am

[09:21] {Threei}  [09:19] {Alert} Threei as much as ChanServ enjoys it... I'd still urge you to talk to KS and set it up right finally :)

[09:21] {Threei}  [09:19] {Alert} Threei lol

[09:21] {Threei}  [09:21] {Alert} Threei I am

[09:21] {Threei}  that's from floor

[09:22] {i2romantis} he is, as far as I can tell

[09:22] {i2romantis} maybe config on your end, mag

[09:22] {magoo} not in mine

[09:22] {i2romantis} odd

[09:23] {nemo} Yep...I get vad 5x5

[09:23] {KSystems}                                                                                                                                                                                                                                                                                                                                         whats happening magoo?

[09:23] {KSystems} oops

[09:23] {i2romantis} markets are also odd this morning, opening below the waist

[09:23] {nemo} that's where magoo thinks

[09:23] {nemo} a pimple on his a$$ is a brain tumor

[09:23] {nemo} had to...sorry

[09:25] {magoo} i need help K..but later ok?

[09:25] {KSystems} sure

[09:25] {magoo} vad type sdomethging

[09:26] {Threei}  sdomethging

[09:26] {hawkfan4} lol

[09:26] {cujo} he he he

[09:26] {nemo} type it vad...not copy/paste

[09:26] {Threei}  {magoo} i need help {--- I waited for this admission for years

[09:27] {magoo} ty..weird..fist time flloor been dead..its open ..just says im in that room which is diferent too

[09:27] {nemo} were you sitting down?

[09:27] {magoo} but wanna trade 

[09:27] {magoo} so later

[09:27] {Threei}  skipping first min utes guys, don't see anything trade-ready

[09:29] {i2romantis} my hunch is that DRYS is too low, we'll see

[09:29] {Threei}  could be i2r, it's just first reaction on such dump is violwent,

[09:30] {Threei}  risk is large, and this was not a very safe stock to begin with

[09:30] {i2romantis} true

[09:30] {dino} secondary $500m drys

[09:30] {Threei}  I would prefer very sharp selloff on it, one of those "out of anything remotely reminding sensible"

[09:31] {Threei}  those produce more readable scalps

[09:31] {dino} might be easier to play tbsi, nat

[09:31] {Threei}  or prolonged consolidation, digestion of selling pressujre, then break

[09:32] {Threei}  FAS nice jump

[09:32] {Threei}  watching if it pulls back again to form double bottom

[09:32] {dino} ndx gap 1194, 845, 8083

[09:33] {hawkfan4} nice heads up on DRYS vad, thx

[09:33] {hawkfan4} wow

[09:33] {Threei}  wild one

[09:34] {Threei}  drop to 9.20 will probably be wort a try

[09:34] {Threei}  and FAS to about 11

[09:35] {ese} L SYMC .60

[09:35] {ese} stop .50

[09:36] {ese} out dis by the way at .20 -.09

[09:36] {Threei}  DRYS

[09:36] {ese} DISH

[09:36] {dptl} gm all

[09:36] {Threei}  in .17

[09:36] {Threei}  stop under 9

[09:36] {Threei}  half lot

[09:38] {Threei}  stop to under .10

[09:39] {Threei}  out

[09:40] {ese} Symc stopped 

[09:40] {ese} .01 -.09

[09:41] {ese} thought that it had the moxy to go....

[09:41] {Threei}  wow POZN

[09:41] {i2romantis} DRYS is staying above water while the rest of the market is taking a dive

[09:41] {Threei}  06:06am [POZN] Informed by FDA That Endoscopic Gastric Ulcer incidence continues to be an acceptable primary endpoint

[09:42] {Threei}  yeah, I guess was worth holding a bit

[09:42] {ese} long SEPR .40

[09:42] {Threei}  anyway, if you are still in, start taking profit

[09:42] {ese} full lot

[09:43] {ese} out SEPR .60 +.20

[09:44] {Threei}  good one

[09:44] {Threei}  and qwuick

[09:44] {ese} like quick for sure

[09:45] {Threei}  FAS

[09:45] {cujo} c & h drys?

[09:46] {Threei}  coming into bounce zone

[09:46] {dino} sigi

[09:46] {Threei}  as close to 11 as possible

[09:46] {Threei}  to 11.10, sorry

[09:47] {Threei}  not really on DRYS, cujo

[09:47] {cujo} got it

[09:48] {dino} sqnm

[09:49] {ese} long STX .98

[09:49] {dino} cat hap fill

[09:50] {Threei}  FAS

[09:50] {KSystems} in .05

[09:50] {Threei}  in .05

[09:50] {magoo} .10 here

[09:50] {cujo} .05

[09:51] {Threei}  stop under 10.90

[09:52] {Threei}  come on, that's serious overstretch

[09:52] {Threei}  bounce already

[09:52] {Threei}  grrr

[09:52] {KSystems} stopped here

[09:52] {dino} watching cat, sigi, sqnm, t, mcd

[09:53] {larisa} APOL is only happy one thi smorning

[09:54] {nemo} Mags...go to the bathroom

[09:54] {hawkfan4} watching HIG

[09:54] {magoo} need another cup joe first

[09:55] {Threei}  16 break on HIG hawk?

[09:55] {hawkfan4} .05 for me

[09:55] {magoo} in HIG 16

[09:55] {cujo} got back into fas .83

[09:55] {cujo} out .93

[09:56] {Threei}  wtg

[09:56] {hawkfan4} drys holding nice too

[09:57] {ese} OK Vad need your guidance on STX     had 2 1/2 lots at .98   real quick stop .94 I'm up .02   any thoughts

[09:57] {ese} not had ...have

[09:58] {ese} looks up....

[09:58] {Threei}  no idea es... trades too slow to tell anything

[09:58] {hawkfan4} watching GS for dbl bottom too

[09:58] {ese} tks

[09:59] {nemo} Battle of Hastings moment for FAS

[10:00] {Threei}  DEC NEW HOME SALES: 331K V 397KE

[10:00] {cujo} thanks hawk, caught that bounce for + .10

[10:00] {cujo} GS

[10:00] {hawkfan4} nice :)

[10:00] {Threei}  (-14.7% M/M)

[10:00] {cujo} rimm fast selling

[10:01] {Threei}  HIG looks better now

[10:02] {Threei}  FAS is probably ready

[10:02] {fernp} cover HBAN +.10

[10:04] {ese} out STX .06 + .08 

[10:04] {dino} sm mcd l .50

[10:04] {ese} 2 1/2 lots couple a hyndred bills....nerve racking

[10:05] {KSystems} l FAS .57

[10:05] {ese} don't trade with size like that very often.....

[10:05] {KSystems} out FAS +.10

[10:05] {hawkfan4} in HIG

[10:06] {hawkfan4} stop under .80

[10:06] {dino} cat sm l .00

[10:06] {KSystems} took HIG from .01 to .10 thanks hawk

[10:07] {hawkfan4} np :)

[10:08] {cujo} Hawk in fuego

[10:08] {magoo} i was thinking .43 area exit HIG

[10:08] {hawkfan4} me too mags

[10:09] {magoo} lowest i saw was .88

[10:09] {dino} mstr

[10:10] {dino} axys

[10:11] {magoo} no mkt help hawk

[10:12] {ese} mstr long dino?

[10:12] {dino} no

[10:12] {dino} liking axys for bounce

[10:13] {ese} was looking at LRCX

[10:13] {ese} for bounce

[10:14] {dino} you remind me of bruce es

[10:14] {dino} compliment. he mad me $

[10:14] {ese} purquo?

[10:15] {ese} long LRCX 1/2 .24

[10:15] {dino} lrcx pretty good miss

[10:16] {dino} wynn good drop, coming into 5 day support

[10:16] {Threei}  COCO 52 weeks highs

[10:17] {ese} if QQQQ heads up i may stay with LRCX....but i might have missed the momentum

[10:18] {dino} trade the plan es

[10:19] {ese} ya...good point stop is at .10

[10:19] {Threei}  SQNM

[10:19] {Threei}  CEO: BELIEVES SELL OFF TODAY ATTRIBUTED TO REPORT OF A FALSE POSITIVE IN DATA RELEASED YESTERDAY - CNBC COMMENTS

[10:21] {dino} sort of like a preg scare

[10:21] {hawkfan4} definitely no lose on HIG now

[10:21] {dino} real$ saying same 3i

[10:21] {ese} stopped LRCX .07

[10:22] {ese} -.17 on 1/2

[10:22] {ese} auchhhhhh du myaa!!!

[10:23] {cujo} l MCD .44

[10:24] {ese} looks good on pullback cujo

[10:24] {ese} could be triple botom

[10:25] {magoo} long Q .85

[10:25] {magoo} .74 stop[

[10:25] {magoo} kickin HIG

[10:25] {magoo} taking too long

[10:26] {hawkfan4} GS 85.10 break should help

[10:26] {hawkfan4} nice

[10:26] {magoo} wow..nice kick

[10:26] {cujo} out mcd .50

[10:26] {Threei}  hig looks to me a better play as entries on those gut-wrenching pullbacks and sell into spikes

[10:27] {ese} good one cujo

[10:27] {cujo} thanks ese

[10:27] {magoo} id say it applies to all today vad

[10:27] {Threei}  yes mags, I mean as in multiple plays vs. hold

[10:28] {magoo} mkts a biut overbought here...4 days up...weak volume

[10:28] {magoo} bit

[10:28] {magoo} risk is  to downside

06[10:29] * dino slaps magoo around a bit with a large trout

[10:29] {Threei}  APOL and COCIO non-stop

[10:29] {magoo} what for ding dong?

[10:29] {Threei}  I wonder if CECO want to play catch-up

[10:29] {dino} exp week, gaps almost filled, -140 dji, short is risky imo

[10:30] {dino} probabilities

[10:30] {larisa} CHK no pullbacks too 

[10:30] {dino} wynn sm l .50

[10:31] {magoo} news APOL vader?

[10:31] {dino} n.gas -186 bcf

[10:31] {Threei}  no... general strength in education sector

[10:32] {magoo} ill go get some bananas to dangle over coco "the monkey" if u choose to enter

[10:33] {dino} cpla not following, watching it

[10:33] {ese} L SEPR .18 3/4

[10:34] {Threei}  here comes anohtre one of those HIG pullbacks

[10:34] {Threei}  quick .24 - .38 scalp

[10:35] {hawkfan4} 1/2 out .44

[10:35] {ese} out SEPR .36 +.18

[10:36] {dino} gj

[10:36] {ese} tks

[10:37] {cujo} Vad, missed the HIG, would you get back in on another pullback to .20s?

[10:37] {Threei}  can't tell in advance cujo

[10:37] {Threei}  it's kind of tick by tick read

[10:37] {KSystems} in current uptrend could be around .30 as well?

[10:37] {magoo} anyone take Q call? let it trade

[10:37] {magoo} should see 30

[10:37] {Threei}  right KS

[10:37] {cujo} ok

[10:39] {dino} larisa close +150ish

[10:40] {larisa} i like optimists :)

[10:40] {dino} next week i'll switch sides

[10:41] {hawkfan4} .40 stop for the rest of HIG

[10:41] {dino} cpla may try to catch up w/esi coco, apol on break of .00

[10:42] {Threei}  HIG is break-ready

[10:44] {KSystems} got +.10 on HIG thanks vad

[10:45] {Threei}  :)

[10:46] {KSystems} s hl LBTYA .74 stop @.96

[10:47] {dino} axys sm l .78

[10:47] {Threei}  sheesh... can you believe FAS?

[10:49] {Threei}  HIG

[10:49] {Threei}  watch pullback

[10:49] {Threei}  won't be possible to call on the go most likely,

[10:50] {Threei}  what you want to see is this instant teleportation 10-15 cents lower

[10:50] {Threei}  pause for entry, then quick ramp back up to dump into

[10:51] {Threei}  GS

[10:51] {Threei}  TO REPORTEDLY SELL 10 YEAR NOTE NOT BACKED BY FDIC - UNCONFIRMED REPORT

[10:51] {KSystems} s hl AFG .17 stop @.39

[10:52] {dino} apei joining ed stocks move

[10:54] {ese} L CENX .70 

[10:55] {dawg} thanks magoo got .30

[10:55] {dawg} Q's

[10:56] {magoo} nice dawg..welcoime

[10:56] {dawg} ).

[10:57] {hawkfan4} sold rest hig .53, getting sleepy staring at it

[10:57] {fernp} cover MWV +.12

[10:57] {dino} gj

[10:57] {magoo} out too .50 hawk

[10:58] {ese} indeed nice doughggg

[10:58] {hawkfan4} nice mags

[11:05] {dino} axys stopped -.38

[11:05] {Threei}  FED TO PURCHASE AGENCY DEBT TOMMOROW

[11:05] {Threei}  {FNM FRE}

[11:08] {Threei}  HIG is practically indifferent to market selling here

[11:12] {Threei}  aiming for 17

[11:15] {dptl} grabbed .75 to .95 hig

[11:15] {Threei}  :)

[11:16] {KSystems} s IYW .92 stop @.02

[11:17] {dino}  stuck in tight range

[11:17] {dino} markets that is

[11:18] {larisa} dino, took several CAT scalps .10 -.25. ranging nicely. you still in ?

[11:21] {dino} gj larisa, yes, feeling .60s

[11:22] {dino} nice base tho, you may have the better idea

[11:22] {dino} markets coiling, big move coming

[11:23] {nemo} yeah, but which way ino

[11:23] {larisa} too close to 52W low. I am watching for CAT to break down. pessimist here :)  

[11:23] {larisa} but want it to hit .60 first for you :)

[11:23] {dino} lol

[11:23] {Threei}  WFC

[11:23] {Threei}  HEARING VAGUE CHATTER CIRCULATING OVER POSSIBLE SPOT SECONDARY OFFERING

[11:23] {nemo} not you too Larisa

[11:24] {dino} if markets get a bid, it will to, otherwise.......

[11:24] {Threei}  HIG seems to be done for now

[11:24] {Threei}  scalps on bounces, but no more new highs for a while

[11:25] {Threei}  PALM, something started happening here

[11:26] {nemo} There's somethin' happenin' here...what it is ain't exactly clear...

[11:30] {nemo} FAS vad?

[11:30] {Threei}  one more leg down would be nice

[11:31] {nemo} volume hasn't capitulated?

[11:31] {ese} see you all in about 1 1/2 hrs

[11:31] {Threei}  it generally tends to go a bit more just when it seems to be ready to reverse

[11:32] {Threei}  take care ese

[11:36] {hawkfan4} PALM

[11:37] {Threei}  I don't see news

[11:37] {Threei}  but something was breweing

[11:37] {cujo} that is me covering my short

[11:37] {hawkfan4} me either.  got .96

[11:38] {cujo} :)

[11:38] {hawkfan4} and missed that spike, doh

[11:39] {Threei}  that was speed of light

[11:39] {Threei}  but continues climbing

[11:39] {hawkfan4} i move more at the speed of syrup

[11:40] {Threei}  US HOUSE SPEAKER PELOSI: LOOKS FORWARD TO ANY REVISIONS CONDUCTED BY SENATE ON FINANCIAL BILL PASSED YESTERDAY

[11:40] {KSystems} IYW out 1/2 +.01

[11:40] {KSystems} blah

[11:40] {KSystems} +.10

[11:41] {larisa} :)

[11:43] {Threei}  holding well

[11:43] {Threei}  .20 and then .30 break should sky-rocket it

[11:44] {Threei}  unless it's some kind of stupid rumor that gets denied quickly

[11:44] {magoo} what stok vad?

[11:44] {cujo} palm

[11:44] {magoo} ty

[11:45] {KSystems} AFG out half +.22

[11:45] {hawkfan4} yeah, torn on selling, sold .14, but want it back

[11:46] {Threei}  GEORGE SOROS: EURO MAY NOT SURVIVE WITHOUT GLOBAL PLANS TO DEAL WITH ECONOMIC CRISIS

[11:49] {Threei}  if not for this decreasing volume on daily, I would confidently say PALM is looking for 9

[11:49] {hawkfan4} back in .12 avg

[11:50] {dino} soro is short the euro obviously

[11:50] {nemo} Vad's short the euro

[11:51] {magoo} and nemo's just plain short 

[11:51] {nemo} stuck my chin out on that one

[11:51] {Threei}  I am pretty sure euro is in grave danger

[11:51] {dino} lol

[11:51] {Threei}  .20 is taken

[11:52] {dino} could be vad, of course the $ was too a few months ago. cycles imo

[11:52] {Threei}  well... euro has additional risks that $ doesn't

[11:52] {KSystems} in PALM

[11:52] {nemo} yeah...how many countries?

[11:52] {dino} yes, members may get out

[11:53] {Threei}  right... EU cohesion is a big risk factor

[11:53] {nemo} no, germany will want to get out...euro=deutschmark

[11:53] {nemo} stimmt herrn K?

[11:55] {magoo} restroom indicator still in force

[11:55] {dino} t getting interesting

[11:55] {magoo} represents UP

[11:56] {magoo} long MCD .35

[11:56] {Threei}  remember NURO mentioned around 1.30?

[11:57] {hawkfan4} GS cup/handle 85-85.10 break, extra risky

[11:57] {cujo} b MCD .36

[11:58] {magoo} half out here cujo LOL

[11:58] {cujo} ;)

[11:58] {dino} roflol

[11:58] {hawkfan4} vad, u in NURO?  Was looking at it yesterday, it's nonstop

[11:59] {Threei}  no... took at at .33 when mentioned but sold .5 something

[11:59] {Threei}  looks aiming for 2 at least now

[12:01] {KSystems} palm stop is {.10 ?

[12:01] {Threei}  I guess... it's hard to place stop on momo movers, technicals do not really apply... but gotta have it somewhere

[12:02] {KSystems} IYW out 1/4 more +.20

[12:02] {Threei}  nice

[12:02] {hawkfan4} yeah, mine's under 8, see what happens if it gets there

[12:02] {larisa} gj KS

[12:02] {cujo} stopped mcd

[12:02] {KSystems} thanks

[12:02] {hawkfan4} don't want to end up married to my palm ;})

[12:02] {KSystems} stopped PALM

[12:03] {Threei}  FAS is getting spmewhere now

[12:03] {hawkfan4} HIG big pullback

06[12:06] * KSystems is listening to Yes - Changes

[12:06] {KSystems} encountered it a few days ago, this is a big one

[12:06] {KSystems} before you pick on my age Vad, I knew it before, just FOUND it again

[12:06] {nemo} My God...I remember when the first came out!

[12:07] {nemo} Mood for a Day

[12:07] {elepet} PALM...is anyone in it now? i'm in at 8.00

[12:07] {Threei}  KS, that won't help you much... I am going to pick up on you anyway, simply because that's what I do

[12:07] {hawkfan4} i am elepet, 8.12, scalped it once already

[12:08] {KSystems} thats just my foolish optimism

[12:09] {dino} pearl jam here ks

[12:10] {magoo} this has got to be 1 of your hardest weeks vad

[12:10] {nemo} playing "Over the Hills and Far Away" here

[12:10] {Threei}  in quite a while, yes

[12:12] {hawkfan4} trying HIG .25, stop .19

[12:12] {dino} evenflow nemo

[12:13] {dino} but it's a 90s alt. rock station so changes

[12:13] {dino} sm t l .65

[12:13] {Threei}  should be good for above .40 if market doesn't die hawk

[12:15] {hawkfan4} thx, i'll take it. GS needs to stop dying b4 the market rallys imo

[12:17] {hawkfan4} stopped HIG

[12:17] {KSystems} sm l ALK .59 stop @.38

[12:21] {magoo} very confusing mkt here

[12:22] {magoo} thought crash coming....now seems like trying

[12:24] {nemo} ascending triangle on FAS?

[12:26] {dino} it's a winnie the poo market, very confusal

[12:30] {KSystems} ALK half out +.21

[12:37] {magoo} someone wake vad..mkt moving

[12:37] {Threei}  where?

[12:37] {magoo} Q rIMM GS MCD

06[12:37] * KSystems slaps Threei around a bit with a large tape

[12:38] {dino} gj ks

[12:38] {KSystems} ty dino

[12:38] {Threei}  FAS is honestly trying

[12:40] {Threei}  not very successfully though

[12:40] {Threei}  so... where is it market moving?

[12:41] {larisa} I like this guy who is selling his system on CNBC:) claiming he made 100+K a day trading live in NY in front of customers. Offering his system for free, just s&h :) Why does he even bother to sell anything, just make 100K a day and be happy.

[12:41] {KSystems} ALK out rest +.10

[12:41] {magoo} [12:40] {Threei}  so... where is it market moving?

[12:41] {magoo} false alarm...again sigh

[12:42] {magoo} go back to sleep..ill wake u if

[12:42] {Threei}  I can go back to sleep?

[12:42] {Threei}  cool

[12:42] {larisa} no, talk to us

[12:42] {Threei}  I just don't want to jump on each tick

[12:42] {Threei}  they all get faded both directions

[12:43] {dino} kid rock

[12:43] {KSystems} AFG out 1/4 more +.44

[12:44] {Threei}  KS is killing it

[12:44] {KSystems} should have done this way earlier probably...

[12:44] {dino} nice

[12:55] {Threei}  (US) SENATOR SCHUMER (D): EXPERTS SAY "BAD BANK" COULD COST $1-4T

[12:55] {KSystems} LBTYA out half +.22

[12:55] {Threei}  there you go

[12:55] {Threei}  whole rally was based on hope for that bad bank

[12:58] {fernp} cover QQQQ +.10

[12:58] {dino} dji gap filled

[13:02] {Threei}  siting it out

[13:03] {Threei}  no way to tell whether we get worhy bounce or just crash'

[13:09] {Threei}  PALM is more or less holding

[13:21] {Threei} Long Setup:  GG  .40

[13:21] {Threei}  if stays above .30

[13:31] {Threei}  V?

[13:32] {Threei}  what's with this dog?

[13:32] {KSystems} l NJR .83 stop @.68

[13:33] {Threei}  HOUSE REP WAXMAN: EXPECT TO INTRO NEW TOBACCO REGS WITHIN WEEKS

[13:33] {Threei}  welcome to big nanny state

[13:35] {dino} yes.

[13:35] {dino} worse, the gov't subsidizes the tobacco growers, then taxes the manufactiueres. makes alot of sense...not

[13:35] {dino} manufacturers

[13:37] {Threei}  we nationalize banks and failed businesses, decide what you smoke, what you eat, what you earn, whether you can possess a gun... I am right back to USSR

[13:37] {dino} gets worse every year

[13:37] {cujo} see ya all.  Going to call it a day. 

[13:37] {cujo} catch you in the morning

[13:38] {Threei}  take care cujo, I don't think you'll miss much, lol

[13:38] {cujo} :)  HOpe not. 

[13:38] {dino} cya

[13:38] {dino}  brb

[13:38] {magoo} bye cujo

[13:38] {KSystems} NJR stopped -.17

[13:46] {magoo} gun to head...UP

[13:47] {nemo} Mow!

[13:47] {magoo} u in MOW?

[13:48] {nemo} No, you said gun to head, made me think of the vietnamese guy in Deer Hunter

[13:51] {KSystems} LBTYA out 1/4 more +.44

[13:53] {Threei}  not good KS

[13:53] {KSystems} ???

[13:53] {Threei}  market suffers... you should suffer with it

[13:53] {KSystems} oh

[13:53] {nemo} duck KS

[13:54] {KSystems} does it help saying its just on paper?

[13:54] {larisa} it is ?

[13:54] {KSystems} yes

[13:54] {KSystems} you didnt trade it did you?!

06[13:54] * larisa slaps Threei around a bit with a large trout

[13:54] {Threei}  hmmm... what was that for?

[13:55] {larisa} i am bored :)

[13:55] {Threei}  oh

[13:55] {Threei}  that's valid reason to slap people in your opinion?

[13:55] {larisa} it is

[13:55] {Threei}  okay then

[13:55] {nemo} wonder what's i her closet?

[13:56] {Threei}  AKM 47 I suspect

[13:57] {nemo} what's the "M" stand for?

[13:57] {KSystems} only suitable for "male" targets nemo

[13:58] {Threei}  modernized

[13:58] {nemo} Automat Kalishnikov, I just don't know what the M stands for.  She'd probably be better off with the '74

[13:58] {nemo} oh

[13:59] {Threei}  http://world.guns.ru/assault/as01-e.htm

[14:00] {magoo} im running into restrm nnow to help mkt

[14:00] {Threei}  I am hesitant to make a call on it, but PALM feels like something is ahead still

[14:04] {Threei}  if not for the general market conditions... 9 is the least it could do

[14:04] {Threei}  most likely more

[14:05] {elepet} i'm still in from 7.96 anad it feels strong for some reason.

[14:05] {Threei}  very

[14:05] {Threei}  S) SENATOR DODD (D): PRESIDENT AND FDIC MAY ANNOUNCE NEW ASSISTANCE FOR HOMEOWNERS AS SOON AS NEXT WEEK

[14:05] {Threei}  - says Obama may ask for more TARP funding beyond $700B, but would have to make a strong case for it.

[14:05] {Threei}  heh

[14:09] {Threei}  the way PALM trades makes me think some news is coming, and we see a result of leak

[14:10] {elepet} it actually has been going up steadily for the past couple of weeks.

[14:11] {Threei}  original gap and run was news

[14:13] {Threei}  01/23/09 12:37pm

[14:13] {Threei}  [PALM] Palm, Inc Best Buy Mobile Exec: We are holding talks to sell Palm's Pre smartphone, not yet ready to announce retail deal

[14:13] {Threei}  - says also in discussions with Sprint

[14:13] {Threei}  maybe these talks are getting somewhere

[14:15] {hawkfan4} had to run out for a bit, glad i survived PALM 

[14:17] {dino} what were you doing?

[14:17] {magoo} try hand lotion hawk

[14:18] {Threei}  meanies

[14:18] {hawkfan4} :) lol, i stepped right into my own trap

[14:18] {nemo} glad I wasn't...nevermind

[14:18] {dino} lol

[14:19] {elepet} I'm getting hungry. Please babysit PALM while I'm gone.

[14:19] {Threei}  just in case, lut in sell order at 8.95

[14:19] {magoo} im up 17 dollar menu cheeseburges here

[14:19] {elepet} good idea

[14:20] {Threei}  who knows wat happens while you are out... would be a shame to return to see it ran and droped

[14:21] {Threei}  VP BIDEN: CHINA MUST PLAY BY THE RULES LIKE ALL OTHER MAJOR PLAYERS

[14:21] {Threei}  sigh

[14:21] {dino} biden, please shut up

[14:22] {dino} the v.pres. should be seen and not heard

[14:22] {Threei}  GERN some activity

[14:23] {cosmo} PALM needs to hold

[14:23] {cosmo} or its a double top

[14:23] {cosmo} imho

[14:24] {cosmo} 8

[14:25] {Threei}  holding 8 and returning to high would be C&H

[14:25] {dino} vsec

[14:26] {hawkfan4} tomy

[14:26] {cosmo} palm needs a handle tho

[14:27] {dino} vsec was the -20 mover last week on contract loss

[14:28] {hawkfan4} news on it

[14:28] {dino} 389m contract 2 yr win

[14:29] {KSystems} LBTYA rest out +.25

[14:29] {hawkfan4} yep, have briefing on a diff computer right now, can't post

[14:29] {magoo} any read GS HAWK?

[14:29] {Threei}  some encouraging talk here:

[14:29] {Threei}  WHITE HOUSE PRESS SECRETARY GIBBS: Q4 GDP DATA TOMORROW COULD BE "STAGGERING"

[14:29] {Threei}  - note: Q4 advance GDP data due out at 8:30amET Friday (this is the first of three readings on Q4 GDP)

[14:30] {hawkfan4} gut is it recovers some, long over 84.30 should get it going

[14:30] {magoo} TY bud

[14:30] {dino} these politicians are idiots. like anybody expects good gdp #s

[14:30] {hawkfan4} np, i'm watching it

[14:30] {Threei}  GERN... on daily, 7.50 is important resistance to break

[14:34] {hawkfan4} HIG trying off .50

[14:37] {hawkfan4} nice VSEC dino, took 100 shrs 27.72, thx

[14:37] {dino} gj

[14:41] {KSystems} AFG out rest +.36

[14:43] {Threei}  laserdave, dcc

[14:49] {dino} ks in the zone today, gj

[14:50] {Threei}  yeah, KS and hawk are truly irritating today

[14:50] {larisa} lol

[14:50] {Threei}  :)

[14:50] {hawkfan4} hey! :)

[14:50] {dino} lol

[14:50] {hawkfan4} every dog has his day

[14:50] {KSystems} hey thank you

[14:51] {KSystems} was about time though

[14:51] {Threei}  and the only reason it bothers me is that it's usually my place, pleasure, right and privilege to irritate people

[14:51] {Threei}  I am good at it... and now I feel competition

[14:52] {KSystems} difference is, vad, YOU dont have to be profitable to be irritating

[14:52] {hawkfan4} lol

[14:52] {larisa} rofl!

[14:52] {Threei}  yeah, it comes to me naturally

[14:52] {Threei}  kind of built-in feature

[14:53] {larisa} sometimes you guys can be funny..

[14:53] {Threei}  funny - sometimes... iriitating - aleays. That's my credo

[14:55] {KSystems} s hl FLIR .13 stop .26

[14:56] {hawkfan4} PALM trying for the handle

[14:57] {Threei}  unless market ruins it... volume shaped up for the cup

[15:03] {Threei}  GERN

[15:03] {Threei}  how about that

[15:03] {magoo} u in PALMN?

[15:04] {KSystems} FLIR stopped -.13

[15:04] {Threei}  ashamed to say, yes

[15:04] {magoo} where?

[15:04] {Threei}  anyone took GERN on break?

[15:04] {Threei}  right here mags

[15:04] {Threei}  8.01

[15:04] {tomg} i did vad

[15:04] {Threei}  cool beans tom

[15:04] {tomg} still have 100

[15:05] {Threei}  if protected most of profit, I wouldn't care about 100

[15:05] {tomg} ok

[15:05] {Threei}  7.40 is clean support

[15:06] {Threei}  let it trade with stop under .40 for that last 100

[15:06] {tomg} ok, ty

[15:07] {Threei}  just don't chase it anyone

[15:07] {nemo} I miss anything the last 5 minutes...power out

[15:08] {Threei}  it's not on the stage of the move where chasing is allowed

[15:08] {nemo} what stock, Gern

[15:08] {nemo} Hey KS, you like "Gern"?

[15:08] {KSystems} sigh

[15:08] {Threei}  yes nemo

[15:09] {nemo} sorry k

[15:09] {KSystems} *G*

[15:09] {KSystems} i was wondering who'd be the first to ask

[15:11] {nemo} they'd have to have some background

[15:18] {hawkfan4} GS waking up a bit

[15:19] {magoo} u in?

[15:19] {Threei}  stage

[15:19] {Threei}  huh

[15:19] {magoo} [15:18] {hawkfan4} GS waking up a bit

[15:19] {hawkfan4} not yet, want decisive move over 84 area, keeps getting hammered down

[15:24] {nemo} Charlie Gasparino let go an "Fbomb" on CNBC?

[15:24] {dino} lol

[15:25] {nemo} tp://vodpod.com/watch/1321036-gasparinos-f-bomb-its-a-stupid-fucking-gasp-then-pause-its-a-stupid-debate-?pod=misstrade

[15:26] {dino} i guess cnbc will use that for the reason the markets dropped today

[15:26] {nemo} His last day on the job...at the end of the segment you hear, "Hello, YouTube."

[15:27] {nemo} financials dumping but palm holing...so far

[15:28] {Threei}  ag

[15:28] {Threei}  never mind

[15:29] {nemo} frustrating...huh Vad?

[15:29] {Threei}  ?

[15:29] {nemo} the day

[15:29] {Threei}  not really

[15:29] {nemo} o.k.

[15:29] {Threei}  just sitting out days when I am cold as cucumber

[15:30] {nemo} So...is palm on a cliff, or a springboard?

[15:30] {Threei}  trading for many years, you don't put much significance in any given day

[15:31] {Threei}  look at FAS

[15:32] {nemo} cliff

[15:33] {dino} s/p gap filled

[15:38] {nemo} love this on the market"

[15:38] {nemo} Were seeing a bit of indigestion, said Larry Dyer, a U.S. interest-rate strategist with HSBC Securities (USA) in New York, one of 17 primary dealers that are required to bid in Treasury auctions. Its a mini bear market, and were underwriting in it.

[15:39] {nemo} mini-bear market

[15:42] {hawkfan4} wow, hig dump

[15:43] {Threei}  NY INSURANCE REGULATOR DINALLO: PLANS TO VOTE AGAINST LIFE INSURANCE RELIEF AS MAY NEGATIVELY IMPACT POLICYHOLDERS

[15:43] {Threei}  {LNC HIG MET GNW}

[15:45] {larisa} who said yesterday  HIG goes to 21 nonstop ??? 

[15:45] {nemo} I dunno'?

[15:45] {larisa} the one with 3 eyes

[15:46] {nemo} geez larisa...talk about kickin' a guy when he's down!!!

[15:47] {nemo} I don't think an AK is the only thing untoward she has in her closet

[15:47] {larisa} he is not down :)

[15:47] {Threei}  [13:28] {Threei} frigin HIG will never stop

[15:47] {Threei}  [13:28] {Threei} ever

[15:47] {Threei}  [13:28] {Threei} it will just go to 19... 20...21...

[15:47] {larisa} see ? :)

[15:47] {Threei}  :)

[15:47] {larisa} I never trust men again, even vad

[15:48] {nemo} masochist/sadist

[15:48] {Threei}  right... my today's take is:

[15:48] {Threei}  HIG will never recover

[15:48] {Threei}  ever

[15:48] {Threei}  it will drop to 15...14...13...

[15:48] {larisa} ahha

[15:48] {nemo} Oh, well, if it weren't for women, we'd still be in the frickin' Garden of Eden!!!

[15:48] {larisa} not you nemo..

[15:49] {nemo} stuck my chin out again

[15:49] {dptl} gn all

[15:49] {Threei}  take care dp

[15:49] {nemo} me to bye!

[15:49] {dino} cya dp

[15:49] {larisa} bye :)

[15:49] {Threei}  wow GERN

[15:50] {Threei}  PALM absorbed an awful lot of selling here

[15:50] {nemo} yeah, in the market downswing

[15:51] {nemo} bye folks

[15:51] {elepet} decision time PALM...take $10 profit or hold?

[15:51] {larisa} lol

[15:51] {Threei}  take care nemo

[15:51] {Threei}  elepet... my suggestion:

[15:51] {KSystems} bye nemo

[15:52] {dino} looking as if the funds don't have the funds to mark up any more. the pattern is broken

[15:52] {Threei}  take position small enough not to hurt if something bad happens

[15:53] {Threei}  if it shows more strength tomorrow, you will have ample opportunity to add

[15:53] {dino} cya nemo

[15:53] {Threei}  FAS death was anything but painless

[15:54] {elepet} i have 1000 shares from 7.97.  tendancy is to hold.

[15:54] {Threei}  if it can gnaw through 8 before close, would be a nice encouragement

[15:55] {dino} well thats what you get w/cramer ranting all day yesterday to not fight the fed

[15:55] {Threei}  guy is amazing

[15:55] {Threei}  lookie lookie PALM

[15:56] {dino} i wish they would just say; "let the markets work it out, no more $"

[15:56] {Threei}  no chance

[15:56] {Threei}  they are determined to fix it

[15:57] {elepet} guess i'm holding.

[15:57] {KSystems} IYW out rest +.55

[15:57] {Threei}  wtg ks

[15:57] {KSystems} ty :)

[15:58] {dino} wtg ks good job

[15:58] {KSystems} lucky...

[15:58] {dino} lol

[15:59] {Threei}  hawk... see NURO?

[15:59] {dino} out cat -.09, out t +.10

[16:00] {hawkfan4} yes, bot a little .76 ;) couldn't stand it anymore

[16:00] {Threei}  lol

[16:00] {Threei}  ok gys, thank you all

[16:00] {Threei}  have a good evening, see you tomorrow

[16:00] {hawkfan4} nite all

[16:00] {larisa} good night

[16:01] {fernp} good nite all

[16:01] {patience} goodnight guys, another good day in gold  :)

Jan 28 2009

Somewhat tiresome day. One of those where you have the right read on the market yet hard time utilizing it. Only toward to end of the day things started working out and gave a few nice trades on HIG, FAS, RIMM, DRYS

Session Time: Wed Jan 28 00:00:00 2009

[07:29] {hawkfan4} 'ally

[07:31] {Threei}  "bad bank" inspired?

[07:31] {hawkfan4} that and i think europe and asia up nice

[07:32] {hawkfan4} haven't had enough coffee yet 

[07:32] {Threei}  that's wrong 'rally

[07:32] {Threei}  IMO

[07:32] {Threei}  will fizzle out

[07:32] {Threei}  but who cares... we will take it while it lasts

[07:33] {hawkfan4} think so too, fed day, who knows

[07:33] {Threei}  yeah, and mainly... I just don't think any rally led by financials is going to last

[07:34] {Threei}  recovery in real economy, reversal in job market etc is what needed,

[07:34] {Threei}  thus rally led by techs, yeah, yhat I believe

[07:35] {Threei}  and other stuff like that,

[07:35] {Threei}  stocks that forecast recovery in their respective sectors in real economy

[07:36] {hawkfan4} someday they'll show their hand, but i agree, the financials are a fade at some point

[07:38] {hawkfan4} need more coffee, back in a few

[07:52] {nemo} Gruess dich!

[07:56] {Threei}  nemo :)

[07:58] {nemo} Wie geht's heute (nachmittag?) Jung?

[07:59] {Threei}  umm... who are you talking to? :)

[08:00] {nemo} Oh yeah, it wasn't K that responded.  Morning vodka pick-me-ups might not be a good idea.

[08:00] {nemo} Vad :)

[08:01] {nemo} Oh, the Post Office tried to deliver the  BVO yesterday...to my next door neighbor....

[08:01] {Threei}  lol

[08:02] {Threei}  BAC is trying

[08:02] {hawkfan4} ugg, still looking at my order for BAC at 7.39 that i didn't send

[08:03] {Threei}  C is knocking against 4.30

[08:03] {nemo} Yeah, I heard financials took off last night on talks of the bank

[08:05] {KSystems} hi nemo ;)

[08:05] {Threei}  01/27/09 05:04pm

[08:05] {Threei}  (US) US bad bank plan may be announced next week - CNBC's Liesman

[08:05] {Threei}  - Also reports sources say a bank insurance plan similar to the arrangements given to BoA and Citi is in the works, though sources say it will not be "systematic."

[08:05] {Threei}  - Follow Up as of 11:54 PM EST: Reportedly, the FDIC's Chairman Bair wants to run the bad bank.

[08:05] {Threei}  - Reminder: Senator Dodd confirmed earlier that the Obama Administration is mulling a "bad bank" solution

[08:05] {nemo} K :) guten Nachmittag.

[08:07] {nemo} RIMM not doing too badly either

[08:10] {hawkfan4} morning nemo, all

[08:10] {hawkfan4} BAC .70 break Vad?

[08:11] {Threei}  well... as much as technicals can be trusted premarket

[08:11] {hawkfan4} :) true

[08:11] {Threei}  look at DRYS

[08:12] {Threei}  C chewed through .30... and stalled

[08:13] {Threei}  trying now

[08:14] {Threei}  BALTIC DRY BULK INDEX +1%

[08:15] {Threei}  FAS is up big

[08:16] {Threei}  one of the ways to play financial sector

[08:17] {nemo} Maybe can pay for the Bahamas toay :)

[08:17] {nemo} today

[08:17] {Threei}  FAS is FINANCIAL BULL 3X

[08:17] {hawkfan4} yep, FAZ 3X bear

[08:17] {nemo} Yeah, watch FAS regularly, and it's small cap brother TNA (gotta' love the call letters)

[08:17] {hawkfan4} TYH 3X tech bull

[08:18] {nemo} ERX, ERY energy

[08:18] {nemo} hawk-from Chicago?

[08:19] {hawkfan4} yessir

[08:19] {hawkfan4} where are you?

[08:19] {Threei}  WFC, mama mia

[08:19] {nemo} Hull, Esposito, Makita

[08:19] {nemo} Boston

[08:19] {hawkfan4} Orr

[08:19] {nemo} or was Hull Detroit? getting ol

[08:20] {hawkfan4} Borque

[08:20] {nemo} Yeah, I grew up watching Orr...absolute Magician

[08:20] {hawkfan4} Bobby Hull chicago

[08:20] {nemo} Bourque was such a stalwart class act.  When he won the cup with Colorado, he brought it to Boston to share with the fans.  He settled here

[08:21] {hawkfan4} yeah, i liked him

[08:21] {nemo} on a market note...so, does everything rocket out of the gate, or do we get the proverbial "pull back"?

[08:22] {Threei}  yes

[08:22] {nemo} helpful

[08:22] {nemo} definite maybe I see

[08:24] {Threei}  we are getting first pullback since 8 am in financials

[08:25] {Threei}  if we get so lucky to see C 10-15 cents lower, worth considering

[08:25] {Threei}  BAC, 20-25 cents

[08:28] {nemo} larisa :)

[08:28] {larisa} good morning :)

[08:28] {Threei}  larisa :)

[08:28] {larisa} nemo, vad :)

[08:29] {elepet} good morning all

[08:29] {Threei}  elepet :)

[08:30] {Threei}  not much of pullback so far

[08:31] {Threei}  maybe double top and finally some dip

[08:33] {Threei}  if C holds .45 and breaks .52, that would be little C&H

[08:33] {cujo} morning 

[08:34] {Threei}  cujo :)

[08:35] {cujo} started watching the swing trading video last night.  

[08:35] {cujo} picture of your trading room is funny. 

[08:35] {Threei}  why?

[08:35] {cujo} its the picture of you in what looks like an old submarine...

[08:36] {Threei}  hmm?

[08:36] {cujo} the fake picture in the beginning...

[08:36] {Threei}  I am lost

[08:36] {larisa} time to rewatch your own course :)

[08:36] {Threei}  there is no picture of me in swing trading video as far as I know

[08:37] {larisa} scalp course

[08:37] {cujo} sry.  In the beginning there is a fake photo.  You have a cut out of you on top of some old picture of what look slike a war room or something...  

[08:38] {Onix} Good morning all :)

[08:38] {cosmo} YHOO active at premkt high

[08:38] {Threei}  onix, cosmo :)

[08:38] {cosmo} 12.12

[08:38] {cosmo} 3i:)

[08:40] {Threei}  double top scenario so far

[08:41] {Threei}  cujo... why fake... that's my actual trading environment

[08:41] {cujo} really?  nice...

[08:43] {larisa} and i am Marilyn Monroe

[08:44] {Threei}  carefull... I am very gullible

[08:44] {nemo} doing well from the grave Larisa...

[08:44] {larisa} lol

[08:46] {hawkfan4} BAC getting there

[08:46] {Threei}  C too

[08:51] {nemo} How's ele's "pet" doing?

[08:51] {magoo} morning

[08:51] {Threei}  magoo :)

[08:51] {nemo} mag :)

[08:52] {dino} gm all, here come the 800 point markups (3 days to go)

[08:52] {Threei}  dino :)

[08:52] {Threei}  I see dino won mirc war... magoo is still in combat

[08:52] {nemo} dino :)

[08:52] {cujo} morning magoo, dino

[08:52] {dino} we'll see tomorrow

[08:52] {nemo} dog :)

[08:52] {magoo} sigh

[08:52] {dino} lol nemo

[08:53] {nemo} c'mon Mags, suck it up!

[08:53] {cujo} morning nemo

[08:53] {Threei}  this could be one of those openings when DRYS does its thing

[08:53] {magoo} u pushing your luck lil man {soup nazi to george}

[08:54] {nemo} don't pick on me because I'm short...

[08:54] {nemo} I have a complex

[08:55] {magoo} ahhh nemo..5'1 isnt short he he

[08:55] {nemo} yeah, but it was the perfect height when I hugged my six foot girlfriend

[08:55] {hawkfan4} lol

[08:55] {magoo} UHHHHHH

[08:56] {elepet} old pet gone(gern). not reliable. new pets  dsx and old faithful drys. holding from yesterday. both up  alot this morning.

[08:56] {dino} vprt?

[08:58] {dino} another 5" of snow and still falling. getting tiresome

[08:58] {magoo} where u live dino?

[08:59] {nemo} yeah' we're getting whacked by another bout of white global warming...errr...climate change

[09:01] {hawkfan4} same here dino, got 3 or 4, i'm ready for spring

[09:01] {nemo} we're supposed to get a foot, then rain on top

[09:02] {cujo} hate winter

[09:02] {cujo} sux

[09:02] {magoo} where u live hawk..nemo?

[09:02] {nemo} boston

[09:03] {magoo} ahhhh..been there

[09:03] {magoo} nice city

[09:03] {elepet} you can all come visit me in mexico after Feb 9. . lots of sunshine. 84 degrees. 

[09:04] {nemo} Yeah, it's pretty cool...but the older I get the farther away I want to be from the huddled masses.  I'll take the mountains during hunting season thank you

[09:04] {nemo} Guess I'd have to switch from Vodka to tequila...the worm...

[09:04] {hawkfan4} chicago mags

[09:04] {nemo} where are you Mags

[09:06] {magoo} nort east pennsy

[09:06] {nemo} Oh, jeez...you've got so many deer down there, they're pets!!

[09:06] {magoo} yup

[09:06] {magoo} bear too

[09:07] {magoo} largest black bear in entire country

[09:07] {nemo} how big is that?

[09:07] {magoo} 650 lbs

[09:07] {nemo} yep

[09:07] {nemo} big

[09:07] {cujo} that is a big bear

[09:07] {cosmo} do you get any Bigfoot?

[09:07] {nemo} they hate the cold

[09:08] {cosmo} oh?

[09:08] {nemo} now their cousins the Yeti, on the other hand...

[09:09] {Threei}  if DRYS opens around this level, one of two scenarios is likely:

[09:09] {Threei}  first (my preferrable) is, sharp drop, probably to 11.70- 11.80, then strong rebound

[09:10] {Threei}  second, more risky, break of 11.30 and big jjump

[09:10] {nemo} 11.30?

[09:10] {Threei}  12.30

[09:10] {nemo} ty

[09:12] {elepet} I'm betting on the latter.  hehehehe. that's why i'm still holding.

[09:13] {magoo} just keep in mind...sell this pop could be in the cards

[09:13] {magoo} not saying it is

[09:13] {magoo} but keep in mind

[09:14] {magoo} vad..u watching any of the banks?

[09:14] {Threei}  C, BAC

[09:15] {magoo} WFC C UBS JPM STT

[09:15] {Threei}  you may want to watch FAS also

[09:15] {Threei}  x3 financials

[09:16] {magoo} a long fund?

[09:16] {Threei}  yes

[09:16] {Threei}  FAZ is short one

[09:16] {magoo} faz a short fund correct?

[09:16] {magoo} as i typed

[09:16] {hawkfan4} FAZ is the short 3X financials

[09:16] {magoo} u read my moind

[09:16] {Threei}  scary

[09:17] {nemo} psychic cellmates

[09:17] {Threei}  I have to say for the record, I strongly disagree with most I see in there

[09:17] {nemo} hehehehe

[09:17] {nemo} is it that affinity for sheep vad?

[09:18] {dino} xlf 2x

[09:18] {Threei}  I'll leave it to mags to comment on that

[09:19] {nemo} uyg too Dino

[09:19] {dino} ty

[09:20] {nemo} It's almost like they're all milling around the starting line

[09:21] {dino} fed 2:15 today

[09:21] {Threei}  yeah

[09:21] {nemo} I think the only news that could come out of that is neutral or bad

[09:21] {dino} imo, just relax at open, lets see where it wants to go

[09:21] {Threei}  although I don't know what can come out of it that would be of any surprise

[09:21] {nemo} raising interest rates

[09:22] {dino} lol

[09:22] {Threei}  seems pretty much predetermined non-event

[09:22] {nemo} I agree...that's what scares me...that's what I logically think should happen

[09:22] {Threei}  as far as rates policy goes, we are bound to stall for a while

[09:23] {Threei}  no room to cut and no one is so crazy to start raising just yet

[09:24] {dptl} gm all

[09:24] {Threei}  dp :)

[09:24] {ese} morning

[09:24] {cujo} morning

[09:24] {fernp} hello everybody

[09:24] {Threei}  ese :)

[09:24] {Threei}  fern :)

[09:25] {Threei}  DRYS so far holds the level

[09:25] {Threei}  C and BAC pulled back a bit

[09:26] {Threei}  I'll repost on DRYS for late joiners

[09:27] {Threei}  08:13am Baltic Dry Bulk Index +1%, seventh consecutive increase

[09:28] {elepet} all components are way up today. 

[09:29] {Threei}  FAS is trying to consolidate under 11.20

[09:30] {Threei}  hopefully opening ranges will form over couple minutes, immediate breaks are tough to play

[09:30] {Threei}  DRY seems to go for the first scenario

[09:31] {Threei} Long Setup:  DRYS  .15 if holding above 12, half lot

[09:32] {Threei}  FAS jumped

[09:32] {KSystems} in DRYS

[09:32] {Threei}  big offers there KS... don't be first to buy

[09:35] {KSystems} and out

[09:36] {larisa} STT

[09:36] {Threei}  yup, switches to deeper drop and bounce scenario

[09:36] {Threei}  STT is pure crazy

[09:36] {ese} CENX dino...downgraded from strong buy o buy

[09:36] {nemo} perfect for Mags

[09:37] {Threei}  DRYS is ready

[09:37] {Threei}  .90 break

[09:37] {dino} sm eqix l .00

[09:37] {nemo} look at the orer at .90

[09:37] {nemo} order

[09:38] {Threei}  that's why its break is long trigger

[09:38] {nemo} missed it

[09:39] {Threei} Long Setup:  PLD  11.30 break

[09:39] {Threei}  stop under .20

[09:41] {nemo} what's stop on DRYS .80

[09:41] {Threei}  .75

[09:42] {Threei}  PLD no worky

[09:43] {nemo} lot ov overhead @12 on DRYS

[09:44] {nemo} no worky=invalidate?

[09:45] {hawkfan4} means stopped

[09:45] {Threei}  STT

[09:45] {Threei}  REPORTS EQUITY ASSETS UNDER ADMINISTRATION AT $138B

[09:46] {fernp} cover C +.15

[09:47] {dino} sounds like stt is putting itself up for sale

[09:49] {dino} out eqix .50, +.50

[09:49] {hawkfan4} nice

[09:49] {dino} apol not participating

[09:49] {nemo} Vad would there be  a lot of selling @ this level of DRYS because of the gap up overnight?

[09:50] {dino} ty hawk

[09:50] {Threei}  who cares about whys?

[09:51] {hawkfan4} FAS .25, stop 11

[09:51] {Threei}  C

[09:51] {Threei}  GOVT OF SINGAPORE DISCLOSES PASSIVE STAKE

[09:51] {nemo} probabilities

[09:52] {hawkfan4} stop to 11.10 on FAS

[09:52] {dino} are you sure its not pass the steak?

[09:52] {Threei}  GEORGE SOROS: BAD BANK MAY NOT BE THE BEST WAY TO DEAL WITH FINANCIAL CRISI

[09:52] {dino} talking his book

[09:52] {Threei}  I understand he has a better idea

[09:53] {dino} they need a "bad trades" bank too

[09:54] {cujo} ha ha ha.  error acct bank?

[09:54] {Threei}  market is shaky here

[09:54] {dino} watching t, vz, apol

[09:55] {dino} massive gap ndx from open

[09:55] {Threei}  would hate to see repetition of this yesterday's sharp up and down with no rhytm

[09:55] {fernp} DRYS is forming a DBI

[09:56] {Threei}  either that or double bottom

[09:56] {nemo} hope it's a salmon?

[09:56] {Threei}  nah

[09:56] {dino} gap fill and rock after fed mtg my bet

[09:56] {Threei}  DRYS is practically never a salmon

[09:57] {Threei}  who is uncomfirtable, just scratch it

[09:57] {Threei}  it's around breakeven

[09:57] {nemo} trade the plan

[10:01] {Threei}  FAS looks better and better for you hawk

[10:01] {Threei}  hope I don't jinx it

[10:01] {magoo} RIMM vad..reading it?

[10:02] {hawkfan4} agree, stop under .20 now

[10:02] {Threei}  looks like .90 break on RIMM mags

[10:02] {KSystems} should drys stop be trailed?

[10:02] {Threei}  if holding .70 and if market helps

[10:03] {Threei}  .80 held a few times KS

[10:03] {Threei}  so, it's reasonable

[10:05] {Threei}  lost support

[10:06] {KSystems} stopped

[10:06] {fernp} stopped

[10:06] {dino} t sm l .00

[10:06] {Onix} stppped

[10:06] {nemo} stopped

[10:07] {dino} apol filling gap

[10:09] {Threei}  HIG woke up

[10:09] {Threei}  long time no see

[10:10] {ese} L DISH .80 3/4

[10:10] {Threei}  remember my yesterday's "odd call" on NURO?

[10:11] {hawkfan4} yep, strange stock

[10:13] {Threei}  HIG, sharp pullback into .50 will be interesting for bounce

[10:17] {Threei}  partialing any on FAS yet hawk?

[10:17] {Threei}  or you are in till insane numbers?

[10:18] {Threei}  NURO... sheesh

[10:18] {hawkfan4} gonna dump 1/2 if i see .45 bid

[10:20] {hawkfan4} now .55

[10:20] {hawkfan4} out 1/2 + .30

[10:20] {ese} OUT DISH .04 +.24

[10:20] {Threei}  wtg

[10:21] {ese} tks

[10:22] {hawkfan4} dumped the rest .55

[10:23] {Threei}  .35 - .40 is probably re-entry

[10:26] {nemo} drys back on?

[10:27] {Threei}  on pullback, maybe\

[10:27] {Threei}  breakouts don't work so far

[10:27] {magoo} agree vad

[10:28] {nemo} alot want out at 12

[10:28] {dino}  algt waking up

[10:28] {dino} hod trig imo

[10:29] {hawkfan4} watching BAC .60 break

[10:30] {Threei}  *DOE CRUDE: +6.2M V +2.7ME

[10:30] {Threei}  GASOLINE: -121K V +1.5ME;

[10:34] {Threei}  anyone took FAS on pullback into .40?

[10:35] {cujo} caught that one hawk.  Thanks. 

[10:35] {hawkfan4} got back in .63, nice cujo

[10:36] {cujo} yeah in .62 out here 1:1

[10:36] {cujo} drys making moves

[10:39] {dino} ughhhhh es, we screwed up apol

[10:40] {dino} was waiting 77.22

[10:40] {Threei}  PRESIDENT OBAMA: CONFIDENT IN CHANCES FOR APPROVAL OF ECONOMIC STIMULUS PACKAGE

[10:40] {Threei}  - A congressional Vote is scheduled for today

[10:42] {Threei}  HIG's pullbacks are not as deep as we would want

[10:42] {Threei}  closer to 17 I'd feel safer

[10:43] {Threei}  but if market stages another break, probably won't happen

[10:45] {cujo} l GS .11

[10:46] {dino} obama meets w/ceo's "hey guys, what will you give me if i get you tax $"

[10:48] {Threei} Long Setup:  CHK  .47 if holding above .35

[10:49] {magoo} in

[10:49] {KSystems} in

[10:50] {fernp} in

[10:51] {cujo} in

[10:51] {cujo} target Vad?

[10:51] {dino} out algt .68, +.18, markets pull back

[10:52] {Threei}  as always

[10:52] {Threei}  half out around 1:1

[10:52] {cujo} thanks

[10:52] {Threei}  .50 break should give a spike

[10:53] {dino} wmt, mcd negative

[10:53] {Threei}  HIG better pullback

[10:55] {magoo} as with anything mkt related

[10:55] {magoo} the bathroom indicator has switched today

[10:55] {magoo} if go in restrm..mkt goes up

[10:56] {magoo} so play accordingly

[10:56] {Threei}  just let us know

[10:56] {magoo} yup

[10:57] {Threei}  missed HIG by 1 cent

[10:57] {Threei}  anyone caught it?

[10:58] {cujo} nope

[10:58] {hawkfan4} nope

[10:58] {magoo} nope

[11:00] {KSystems} nope

[11:03] {ese} have enjoyed watching this move by DISH.....classic cup and handle...consolidating...should take off from here

[11:03] {dino} lol

[11:03] {Threei}  market looks ready for a break

[11:03] {ese} bstop 1/2 at .30

[11:04] {ese} should help dish

[11:04] {Threei}  which probably in terms of last day or two trading means we will drop500 points in the next 2 minutes

06[11:04] * KSystems slaps CHK around a bit with a large chart of uptrending NQ

[11:05] {dino} laughing at your "have enjoyed" comment es

[11:05] {Threei}  it pretty much behaves KS

[11:05] {Threei}  just needs market break

[11:05] {Threei}  didn't pull back anywhere as deep as market did

[11:06] {KSystems} i didnt kick it...was just a slap between friends

[11:06] {Threei}  hmmm

[11:06] {Threei}  you mean you don't kick your friends?

[11:06] {ese} make that bstop .29

[11:06] {KSystems} no Vad, I'm a nice guy

[11:06] {cujo} only when they are "down"

06[11:06] * KSystems crosses his fingers

[11:06] {Threei}  my idea of friendship must be different...

[11:07] {dino} throw some salt over your shoulder

[11:07] {magoo} [11:06] {cujo} only when they are "down"

[11:07] {magoo} would have expected that out of nemo lol

[11:08] {cujo} he he he

[11:08] {nemo} I'm so short I'm hitting them in the kneecaps anyway

[11:08] {Threei}  series of promises that actually speak of true friendship

[11:08] {nemo} where'd you get that?

[11:08] {Threei}  1. When you are sad -- I will help you get drunk and plot revenge against

[11:08] {Threei}  The sorry bastard who made you sad.

[11:08] {ese} long .29 dish

[11:09] {Threei}  4. When you are scared -- I will rag on you about it every chance I get.

[11:09] {Threei}  5. When you are worried -- I will tell you horrible stories about how much

[11:09] {Threei}  Worse it could be until you quit whining.

[11:09] {Threei}  6. When you are confused -- I will use little words.

[11:09] {Threei}  7. When you are sick -- Stay the hell away from me until you are well

[11:09] {Threei}  Again. I don't want whatever you have.

[11:09] {Threei}  8. When you fall -- I will point and laugh at your clumsy ass.

[11:09] {Threei}  9. This is my oath.... I pledge it to the end. 'Why?' you may ask;

[11:09] {Threei}  'because you are my friend'.

[11:09] {Threei}  now, guess who sent that to me

[11:10] {nemo} Vad lies

[11:10] {KSystems} now it may be time for some kicking CHK

[11:10] {Threei}  I don't like this CHK hesitance

[11:10] {dino} the rich guy from africa that wants to use your checking acct

[11:11] {Threei}  let's trail stop to under .40

[11:11] {KSystems} out

[11:11] {cujo} out

[11:11] {Threei}  it should have been at .60 by now if it wanted to go

[11:11] {magoo} i thought it was his wedding vows lol

[11:11] {cujo} ha ha ha

[11:12] {Threei}  my wedding vow was,

[11:12] {Threei}  I don't promise you'll be happy with me... but I do promise you won't be bored

[11:12] {magoo} my was..."i swear i used a condom..but hey...here we are at the altar"

[11:12] {fernp} stopped

[11:12] {nemo} His wife:What's ours is mine, what's yours is mine, and what's mine is mine Vad:  What's ours is yours, what's mine is yours and what's yours is yours

[11:13] {dino} ahh the 3 rings of marriage, the engagement ring, the wedding ring, and the suffering

[11:13] {nemo} which leads to hallway sex

[11:13] {hawkfan4} lol dino

[11:13] {Threei}  FDIC SPOKESPERSON DECLINES COMMENT ON POTENTIAL FOR VARIOUS 'BAD BANK' MANAGEMENT BY GOVT AGENCIES

[11:13] {dino} :)

[11:13] {nemo} FAS on steroids today

[11:14] {magoo} [11:13] {nemo} which leads to hallway sex

[11:14] {magoo} standing on a chair nemo?

[11:16] {nemo} mags' I sent you a personal message

[11:16] {magoo} in dcc?

[11:16] {magoo} ROFLOL

[11:18] {dino}  mcd sm l .50

[11:19] {dino} opps .49

[11:19] {dino} thx chuck

[11:20] {magoo} out GS .75

[11:20] {magoo} TY cujo

[11:20] {cujo} nice

[11:20] {dino} gj

[11:20] {cujo} you got in? 

[11:21] {magoo} yeah..u brought too my attention

[11:21] {cujo} cool.

[11:21] {Threei}  IRANIAN PRES AIDE: NO PLANS TO HALT NUCLEAR WORK IN LIGHT OF US CALLS FOR HALT WITH REGARDS TO UN RESOLUTIONS

[11:22] {Threei}  UPDATE: GM CANCELS CONTRACTS TO BUILD NEW ENGINE PLANT IN FLINT, MI; DOES NOT MEAN THE END OF THE VOLT HYBRID VEHICLE - FOX BUSINESS NEWS

[11:22] {Threei}  HIG

[11:22] {Threei}  trying hard at .50

[11:23] {nemo} HIG's president leaves for Obama's staff

[11:23] {dino} iranian pres., "if obama gives us a few hundred million, we will stop nuclear work for.....hmmmmmm... let's say 6 months

[11:23] {Threei}  that;'s why stock so happy?

[11:24] {nemo} I have know eye deer

[11:24] {magoo} GM to start building nuclear weapons grade for IRAN.."CEO...what the hell..auto indudstry blows"

[11:24] {nemo} mags dcc

[11:24] {magoo} OY

[11:25] {dino} out t .40, +.40

[11:25] {dino} lol magoo

[11:25] {dino} more $$$$ in it

[11:25] {Threei}  if market breaks again, HIG becomes a .50 break play

[11:27] {Threei}  FAS non-stop

[11:27] {magoo} how about pullbk vad?

[11:27] {magoo} hig

[11:28] {Threei}  sure it that's what happens

[11:31] {Threei}  prez on TV

[11:31] {magoo} vad..u ditch CHK?

[11:32] {Threei}  yes

[11:32] {magoo} DAMMIT

[11:32] {Threei}  ?

[11:33] {magoo} just funnin

[11:34] {dino} deck

[11:34] {Threei}  HIG pulled back about 20 cents

[11:35] {Threei}  GM

[11:35] {Threei}  CONFIRMS WILL CLOSE JOBS BANK ON MONDAY

[11:37] {ese} just finished looking at a whack of daily charts.....a ton of double and triple bottoms been put in....

[11:37] {nemo} C&H on DRYS?

[11:38] {Threei}  don't know on DRYS

[11:38] {nemo} probably a bit ragged

[11:42] {Threei}  that was one spectacular bounce HIG

[11:42] {elepet} is anyone still in drys?

[11:42] {hawkfan4} geesh, was trying to get an order ready on HIG and it was gone

[11:42] {magoo} not i

[11:43] {cujo} yeah lot of names just bounced. 

[11:43] {Threei}  hawk, what are you, typing in datek order form?? :)

[11:43] {hawkfan4} lol, no, i fax it to my broker ;})

[11:44] {nemo} what? no carrier pigeon?

[11:44] {hawkfan4} i've upgraded

[11:44] {dino} lol

[11:44] {nemo} carrier hawk?

[11:44] {hawkfan4} exactly

[11:45] {ese} It's traditional for the Canadian finance minister to buy new shoes before a new budget is released.......rumor has it that our guy bought some CROC's.........

[11:45] {nemo} as in Taurine Excrement

[11:46] {cujo} mmmmmm...  taurine......

[11:46] {ese} maybe nemo......ya just never know up here

[11:48] {nemo} we can be more sure down here....definitely!

[11:54] {dptl} we have airline etf now..faa

[11:56] {magoo} DRYS is different today vad imo.........its gonna surprise to upside just to p*ss magoo off

[11:56] {dino} deck a bit crazy

[11:57] {dino} taunting me, like a siren sog to short it

[11:57] {dino} song

[12:01] {Threei}  HIG broke

[12:03] {Threei}  watching for pullback

[12:03] {Threei}  you are thinking .20 reak on DRYS still mags?

[12:03] {elepet} magoo..are youa DRYS fan?

[12:04] {i2romantis} CHK?

[12:04] {Threei}  not sure about it i2r

[12:05] {magoo} more like antiDRYS here

[12:05] {elepet} sae same

[12:05] {dino} sm l wmt .74

[12:05] {nemo} so....wetships?

[12:05] {elepet} I can't seem to sell it. in from 11.82 yesterday.

[12:06] {nemo} emotionally attached again elepet?

[12:06] {elepet} yup.

[12:06] {Threei}  it's just a symbol

[12:06] {Threei}  4 letters

[12:06] {Threei}  what to be attached to

[12:07] {nemo} must have been somethin' in his childhood

[12:07] {cujo} going to run some errands.  See you all in a few. 

[12:07] {Threei}  in all fairness, it does form the setup... .10 - .20

[12:08] {magoo} agrre vad..but really do hate it

[12:08] {Threei}  AAPL strength

[12:09] {Threei}  HIG is ready for sharp dive

[12:09] {nemo} getting right shoulder on FAS?

[12:11] {Threei}  looked like dive under .50, HIG... held above

[12:13] {i2romantis} out CHK +.15

[12:14] {dino} gj

[12:15] {i2romantis} learning to be emotionally detached from price going up after i sell :)

[12:16] {magoo} out .71 CHK

[12:16] {magoo} TY vad

[12:16] {Threei}  HIG... .75 break if breaks are back

[12:16] {Threei}  can't tell whether they are...

[12:16] {Threei}  .50 one worked

[12:17] {Threei}  so did CHK

[12:18] {dino} i2r, exactly, a scalp is a scalp

[12:18] {i2romantis} yep

[12:23] {i2romantis} funny, if i followed the strategy for raising stops (which I did in my mind once i sold), i'd be selling it at .83, another +.2 with no risk, so that's another learning, not trying to jump ship when already in profit zone

[12:24] {i2romantis} but a great thing about scalping is that another trade is pretty much around the corner :)

[12:25] {Threei}  partialling out is the answer for this kind of situations, i2r

[12:25] {dino} i2, good job

[12:25] {dino} always a hundred trades out there.

[12:25] {dino} thats why i trail tight w/stops, expecially when in the $

[12:26] {i2romantis} ok

[12:26] {dino} thin atm machine

[12:26] {dino} think

[12:26] {Threei}  HIG revisited .50 once again

[12:27] {Threei}  DRYS broke, and makes new highs slowly

[12:27] {magoo} must confess took .24 DRYS

[12:28] {elepet} passed .30. now what?

[12:28] {magoo} prob disappoint

[12:28] {magoo} time for RIMM to catch up

[12:29] {magoo} ketchup??

[12:29] {Threei}  it's already above 1;1

[12:30] {Threei}  anyone took HIG this time?

[12:31] {hawkfan4} not me, just watching for now

[12:37] {Threei}  all I see is microscalps

[12:37] {Threei}  7 cents here, 12 cents there

[12:38] {Threei}  market is consolidating for another leg up, and most likely that's what is going to happen

[12:38] {nemo} are you talking today Vad?

[12:38] {Threei}  yeah

[12:39] {nemo} ty

[12:42] {dino} leg up? pretty much stuuck in tight range

[12:43] {dino} time will tell

[12:43] {larisa}  I will pretend i am dino and say we finish DJI +45 today again :)  dino, pretend you are you, what you say ? :)

[12:44] {dino} +300

[12:44] {larisa} wow

[12:44] {dino}  end of day fri 8900

[12:44] {Threei}  I am with dino

[12:44] {dino} next week -6%

[12:44] {dino} that's the pattern

[12:45] {dino} they hasve to paint the tape so mutual fund statements don't look so bad. $ needs to stay in. fed says (win-wink) we are not paying attention to that right now

[12:56] {nemo} HIG hiccupping

[12:56] {Threei}  HIG became a regular bouncer off each selloff

[12:57] {Threei}  RIMM... if market helps, 58 break for a scalp

[12:57] {larisa} 56?

[12:57] {Threei}  56

[12:58] {magoo} in 58

[12:59] {Threei}  overp[aid a bit I'd say

[13:00] {nemo} nice dump fas

[13:01] {Threei}  HIG almost ready

[13:02] {Threei}  got .26

[13:02] {Threei}  .19 stop

[13:03] {Threei}  half out .35

[13:06] {Threei}  stop to .23

[13:06] {nemo} Mags?  Gotta' go to the bathroom yet?

[13:07] {larisa} lol, what a spike :)

[13:07] {magoo} ok talkin from my keybd in restrm

[13:07] {larisa} stay there magoo :)

[13:07] {Threei}  lol

[13:07] {Threei}  out in full .49

[13:07] {hawkfan4} out HIG +.14, thx vad

[13:08] {jmb} thanks vad

[13:08] {i2romantis} very nice 3i

[13:08] {Threei}  here is that next leg

[13:09] {magoo} out here .57 TY

[13:10] {Threei}  nice

[13:10] {Threei}  more patience than I have

[13:11] {dptl} grabbed .23 on stt bounce

[13:11] {Threei}  wtg

[13:12] {Threei}  I just couldn't bring myself to call it

[13:12] {cujo} miss anything?

[13:12] {dptl} ty

[13:13] {Threei}  just one HIG scalp cujo

[13:13] {Threei}  not much

[13:13] {cujo} thanks

[13:13] {hawkfan4} but it was for 4 dollars

[13:13] {nemo} DON"T TELL HIM THAT

[13:13] {Threei}  for very patient, 4.03

[13:13] {nemo} You guys are mean

[13:13] {hawkfan4} :)

[13:13] {Threei}  and proud of it

[13:13] {dino}  mcd stop to .85

[13:14] {hawkfan4} trying AKS .26

[13:15] {dino} ti .89

[13:17] {Threei}  stop under .20 hawk?

[13:17] {hawkfan4} yep

[13:17] {dino} stopped mcd .89, +.40

[13:18] {Threei}  lol HIG

[13:18] {Threei}  overstretches bands in both directions

[13:19] {nemo} dripping volume on last rise

[13:19] {nemo} dropping

[13:19] {gen} hi everybody :)

[13:19] {Threei}  I like dripping

[13:19] {Threei}  hey gen

[13:20] {cujo} DRYS 12.25?

[13:20] {gen} Vad :)

[13:20] {Threei}  not at the top of such spike

[13:20] {Threei}  let it pull back

[13:20] {Threei}  hig

[13:21] {Threei}  pullback time

[13:21] {Threei}  feels like less deep this time, and then .75 break

[13:24] {hawkfan4} 1/2 out .90 from .75

[13:24] {magoo} read AAPL vad?

[13:24] {Threei}  A

[13:24] {Threei}  A

[13:24] {Threei}  then P

[13:24] {Threei}  then L

[13:25] {Threei}  I can't get any kind of read into such spike mags...

[13:25] {Threei}  no way to tell where it reverses

[13:25] {Threei}  either pullback or consolidation

[13:26] {Threei}  btw hawk... last 1000 shares at .27 on AKS that lifted the offer, remember?

[13:26] {hawkfan4} :) thanks

[13:26] {Threei}  you are welcome

[13:26] {dino} brb

[13:27] {hawkfan4} took a double.  also NUE from 44.26

[13:27] {Threei}  well... who didn't believe me that market was getting ready for the next lift-off, raise your hands

[13:27] {nemo} I'll keep my fins down, thankyou

[13:27] {Threei}  AKS over 1:1

[13:28] {Threei}  frigin HIG will never stop

[13:28] {Threei}  ever

[13:28] {Threei}  it will just go to 19... 20...21...

[13:28] {Threei}  +170 DJI

[13:28] {Threei}  larisa, you start believeing in +300?

[13:29] {larisa} +45

[13:29] {Threei}  aren't you a stubborn one

[13:29] {Threei}  I am out AKS hawk, thanks

[13:30] {Threei}  idiotic day for me... getting right read and having hardest time utilizing it

[13:30] {hawkfan4} nice, my pleasure

[13:30] {nemo} I guess you gotta' keep Mags in the bathroom (or closet)

06[13:31] * Threei prepares the trout for magoo who prepares to say "that's because you are an idiot"

[13:31] {nemo} not nice mags

[13:31] {Threei}  well nemo... last thing we want to see is nice magoo

[13:31] {cujo} l slw .45

[13:31] {Threei}  that wouyld ruin my world

[13:33] {hawkfan4} sold 1/2 aks +.16, out rest HIG +.28

06[13:33] * Threei slaps hawkfan4 around a bit with a large roll of cash

[13:33] {hawkfan4} officially a really nice day

[13:33] {Threei}  sorry hawk... I just had to slap someone

[13:34] {Threei}  and magoo is not giving me an excuse

[13:34] {hawkfan4} np, anytime

[13:34] {Threei}  hmmm... as if I really need one...

06[13:34] * Threei slaps magoo around a bit with a large absence of excuse to slap him

[13:34] {magoo} out RIMM .34

[13:34] {magoo} TY 

[13:35] {Threei}  here is my excuse!

06[13:35] * Threei slaps magoo around a bit with a large roll of cash

[13:36] {dino} i should shovel more often, moves markets up

[13:36] {magoo} hang onnnnnnnnn....i gotta pee .......mkts gonna go BALLISTIC

[13:37] {hawkfan4} LOL

[13:37] {nemo} that you have to go to the bathroom is sufficient

[13:38] {Threei}  I am overwhelemed by the details we get to learn here

[13:38] {i2romantis} lol

[13:38] {nemo} I suppose it could get worse

[13:38] {i2romantis} Dino, you can come shovel some more over here

[13:39] {Threei}  yes nemo but that doesn't matter much - aftre certain level you just go numb

[13:39] {Threei}  kind of that question, you know... C and F are the same at -40,

[13:39] {nemo} that's the challenge to go where you break the numbness

[13:39] {Threei}  how to calculate below that?

[13:39] {Threei}  answer is, who cares? It's too fikin cold to do any math

[13:39] {nemo} I was talking sensibilities not temperature

[13:40] {Threei}  no one appreciates the fine metaphore these days... sigh...

[13:40] {nemo} Yeah, I wouldn't be able to take my fingers out of my mittens so I could count

[13:40] {Threei}  right, and counting with limbs you can't go beyond 4

[13:40] {Threei}  which impedes math abilities

[13:41] {nemo} Here's one for you.  Hey Mags, helmet or anteater?

[13:41] {dino} no thx i2r

[13:42] {Threei}  just as we started picking up worthy plays, Fed time approaches

[13:42] {Threei}  oh i2r, you are in Quebec, right?

[13:42] {Threei}  TV said it's brutal today

[13:45] {Threei}  gen dcc pls

[13:45] {Threei}  PREVIEW: FOMC RATE DECISION DUE OUT AT AROUND 2:15PMET

[13:45] {Threei}  **consensus expectation is for the rate to remain at 0.25%.

[13:45] {Threei}  **Expectations on today's FOMC statement vary widely, from no change to speculation the Fed could make specific announcements about new actions ranging from buying Treasury securities to adopting explicit inflation targeting. Given the substantial rate cut and additions to the December statement, however, the FOMC may hold off on any major changes in its statement today as it continues to discuss and review alternative actions and awaits the follow through and impacts of the government's TARP and stimulus packages.

[13:47] {cosmo} .50% cut?

[13:47] {magoo} restroom WORX

[13:47] {Threei}  into negative territory?

[13:48] {cosmo} yes....negative

[13:49] {cosmo} its a theory only

[13:49] {i2romantis} yes, in qc

[13:50] {i2romantis} freezing here, as usual

[13:50] {hawkfan4} out rest AKS .37

[13:53] {Threei}  +7 here, sun, warmth...

[13:54] {Threei}  market is p;ulling back befoe announcement

[13:55] {Threei}  if HIG's history today is any indicator, should drop to .70 or so before trying bounce

[13:59] {Threei}  US TREASURY'S GEITHER: NEED TO PRESERVE PRIVATE BANKING, NEW RESCUE PLAN TO COME 'RELATIVELY SOON'; TARP CONTRACTS TO BE VIEWABLE ONLINE

[13:59] {Threei}  - speaking at a TARP oversight meeting

[14:04] {dino} rebel yell

[14:05] {Threei}  ECB'S ORPHANIDES: DANGEROUS FOR CENTRAL BANKS TO 'SAVE' THEIR AMMUNITION, LOW RATE 'AVERSION' MAY AFFECT ACTIONS, MUST PAY ATTENTION TO QUANTITY OF MONEY

[14:05] {Threei}  - Notes that it is a false belief that low rates are ineffective.

[14:05] {Threei}  - stresses these comments are his own opinion and not those of the ECB

[14:05] {Threei}  why is he speaking on behalf of ECB then?

[14:06] {Threei}  it should read: private citizen Orphanides says...

[14:11] {Threei}  Court: cheerleader can't sue a teammate who didn't catch her

[14:12] {Threei}  between that and inability to sue Madoff for lost faith in humanity, there goes my dream to make millions in court

[14:14] {Threei}  FOMC time

[14:15] {Threei}  FOMC HOLD RATE AT 0.25%;

[14:15] {Threei}  {SPY SHY TLT EUR/USD USD/JPY G

[14:15] {magoo} unchanged

[14:16] {Threei}  here comes HIG

[14:16] {Threei}  prepare half lot

[14:16] {Threei}  PREPARED TO BUY LONGER TERM TREASURIES IF COULD IMPROVE CREDIT MARKET CONDITIONS, RATE MAY BE AT EXCEPTIONALLY LOW FOR PERIOD OF TIME

[14:16] {Threei}  - Reiterates inflation could persit below desirable rates

[14:16] {Threei}  - Vote was 8-1 (Lacker Dissented, preferring to purchase US treasuries)

[14:17] {Threei}  - May see gradual recovery in the economy later in 2009, some conditions in financial markets have improved

[14:17] {Threei}  - Discount rate remains unchanged at 0.50%

[14:18] {i2romantis} +.12 in 30 seconds, what a great catch on EGLE, would be nice to have these kinds more often

[14:19] {Threei}  .76 was it on DRYS...

[14:19] {Threei}  too fast to catch

[14:19] {cujo} anyone get in? 

[14:19] {fernp} too fast

[14:19] {larisa} HIG you mean

[14:19] {Threei}  grr

[14:19] {Threei}  HIG

[14:20] {i2romantis} yeah, such a nice sell off at times, if you are quick

[14:20] {i2romantis} I missed second run on EGLE

[14:21] {dino} 80 to go

[14:23] {i2romantis} #3 for EGLE

[14:24] {cujo} rimm

[14:25] {hawkfan4} HIG .82 1/2 lot

[14:27] {hawkfan4} stop .69

[14:28] {dino} gg sm l .10

[14:29] {hawkfan4} stopped -.13

[14:32] {Threei}  FAS fast selling

[14:34] {cujo} thanks Vad

[14:34] {Threei}  caufght it?

[14:34] {cujo} +.06

[14:34] {cujo} nothing amazing but still worth it 

[14:34] {cujo} not bad for 10 sec worth of work

[14:37] {dptl} leaving early....have a good night all

[14:37] {Threei}  take care dp

[14:37] {cujo} see ya dp

[14:39] {dino} cya dp

[14:39] {Threei}  ok market... bounce time

[14:41] {magoo} candidates?

[14:41] {Threei}  FAS, HIG

[14:41] {Threei}  RIMM

[14:42] {Threei}  all jump too ffast for precise call

[14:42] {Threei}  FAS worked twice off 12

[14:45] {Threei}  MS

[14:45] {Threei}  TICKING HIGHER AFTER JIM CRAMER MAKES POSITIVE COMMENTS

[14:48] {dino} kiss of death for it

[14:49] {cujo} short 1 MS .29

[14:50] {Threei}  1?

[14:50] {cujo} 1 lot

[14:50] {Threei}  okay :)

[14:50] {cujo} ;)

[14:50] {cujo} out +13

[14:50] {cujo} .13

[14:50] {hawkfan4} nice

[14:50] {Threei}  you are not fooling around are you

[14:51] {cujo} you mean kidding?

[14:51] {Threei}  nice drop

[14:51] {cujo} yeah, should have held :(

[14:51] {cujo} oh well

[14:52] {Threei}  not necessary held, stock is fast and furious... but partial was probably worthn try

[14:54] {Threei}  FAS back into support and lower BB

[14:54] {cujo} Dino's "{dino} kiss of death for it" inspired me...

[14:54] {Threei}  yes

[14:54] {Threei}  Jom's picks do that regularly

[14:54] {Threei}  Jim's

[14:54] {cujo} think FAS long at 12.00?

[14:55] {Threei}  I doubt it will get that far on this leg

[14:55] {dino} lol

[14:56] {Threei}  it's pattern after announcement was, drop into lower BB, stretch itit a little, then bounce for a scalp

[14:57] {cujo} got ya

[14:58] {magoo} dino turn to bring in egg mcmuffins tomorrow   yummy

[15:00] {dino} rock n roll

[15:00] {cujo} you all trade together?

[15:01] {dino} same floor in building, one door down

[15:01] {dino} kindda sucks for me

[15:01] {cujo} nice to have company. ha ha ha

[15:01] {magoo} HEYYYYYYYY

[15:02] {dino} well, he does have a habit of drinking the beer w/o replacing it

[15:02] {magoo} this is tru

[15:02] {nemo} dino...beer is the same color as...

[15:02] {dino} uh oh

[15:07] {cujo} fast sellling MCD

06[15:07] * magoo slaps &Threei around a bit with a large sugggestions to make a real pick..engage maverick.ENGAGEEEEEEEEEEEE

[15:07] {dino} cut gg .95, -.15

[15:08] {nemo} doin a flyby mags?

[15:08] {Threei}  gotta let this play out mags

[15:08] {magoo} watched top gun last nite with son

[15:08] {Threei}  I don;t like this chaos

[15:08] {nemo} ahhhhh the zen master

[15:08] {Threei}  US HOUSE REP MINORITY LEADER BOEHNER (R): DISAPPOINTED WITH STATE OF STIMULUS PACKAGE

[15:08] {Threei}  see?

[15:08] {magoo} doesnt have to be a long vad

[15:09] {Threei}  this idiotic up ad down on each comment again

[15:09] {Threei}  doesn't matter long or short... just can't read this other than for little scalps

[15:09] {cujo} +.05 mcd

[15:10] {Threei}  see FAS touching under 12, bouncing for quick 10 cents

[15:10] {Threei}  this kind I mean

[15:10] {Threei}  but they are impossible to call

06[15:10] * magoo slaps &Threei around a bit with a large copy of magoos never touched techniques of tape reading to help vad

[15:10] {Threei}  never touched eh

[15:10] {Threei}  that explains it {GGG}

[15:10] {dino} i think that guy was on "growing pains" sitcome

[15:13] {larisa} -100

[15:13] {Threei}  sigh

[15:13] {magoo} i only need 5 winning trades into bell

[15:13] {Threei}  mags, watch FAS

[15:13] {Threei}  you'll get its rhythm

[15:13] {Threei}  rhytm

[15:13] {Threei}  rythm

[15:14] {Threei}  whatever

[15:18] {magoo} from rocky "u cant train me like colored trader{fighter} lol 

[15:18] {magoo} i have no rythm

[15:19] {Threei}  burt you can spell it

[15:19] {magoo} ROFLOL..actually looked and copired yours

[15:19] {larisa} lol

[15:19] {Threei}  hmmm... how did you pick one of three then?

[15:21] {magoo} any read HIG?

[15:21] {Threei}  breakdown

[15:21] {Threei}  drop into .30 roughly after losing .50

[15:21] {Threei}  bounce from just under it most likely for small scalp

[15:21] {Threei}  then have to reevaluate

[15:22] {nemo} taking FAS w/it

[15:22] {dino} cat going for gap fill

[15:22] {Threei}  FAS closer to .80

[15:22] {dino} meow

[15:23] {Threei}  here comes the bride

[15:23] {Threei}  err HIG

[15:24] {Threei}  first strength from here

[15:24] {Threei}  in

[15:24] {magoo} .17

[15:24] {Threei}  stop under .10

[15:25] {Threei}  takes too long...

[15:25] {Threei}  this kind of selloff should bounce faster

[15:25] {cujo} stopped

[15:26] {hawkfan4} BAC short under .20?

[15:27] {Threei}  hard to tell

[15:27] {KSystems} fas

[15:27] {Threei}  we are getting a bit overstretched

[15:27] {dino} 3:40

[15:27] {magoo} out

[15:27] {nemo} well, there was the gap up overnight...plenty of room for profit taking

[15:28] {Threei}  back in HIG .92

[15:29] {Threei}  half out

[15:29] {Threei}  .10

[15:30] {cujo} out HIG +.12

[15:30] {cujo} Thanks

[15:30] {Threei}  out in full

[15:31] {Threei}  too soon

[15:32] {nemo} good profit in a fast market though...as you said...every little comment

[15:34] {magoo} .92 was a sweet entry

[15:34] {Threei}  and it surprizingly sat there for quite a fedw seconds

[15:34] {magoo} lonf Q here

[15:35] {magoo} .12

[15:35] {magoo} small

[15:35] {magoo} lookin for 3:40 bounce

[15:35] {magoo} ala ding dong

[15:36] {cujo} Thanks magoo

[15:36] {Threei}  why did I ever sell HIG?

[15:36] {magoo} huh?

[15:36] {cujo} +.10

[15:36] {nemo} fear and greed?

[15:39] {dino} both

[15:39] {magoo} greed much stronger

[15:40] {dino} giddy-up 3:40

[15:40] {Threei}  FAS explosion

[15:41] {Threei}  should p;ullback closer to .10 now for another leg up

[15:44] {Threei}  lol

[15:44] {Threei}  A Russian "cyber-militia" has effectively knocked the central Asian republic of Kyrgyzstan offline in recent days

[15:44] {Threei}  A spokesman at the Russian embassy in Washington couldn't be reached for comment. The Kyrgyz government couldn't be reached for comment. U.S. officials couldn't immediately be reached for comment.

[15:44] {Threei}  all for different reasons I assume

[15:44] {magoo} in TOP GUN..russians pilots stunk

[15:44] {hawkfan4} lol

[15:44] {Threei}  Kyrgyz government in particular because of being offline

[15:45] {magoo} thats a tru story u know :)

[15:45] {Threei}  who caught FAS?

[15:45] {cujo} here

[15:45] {Threei}  :)

[15:45] {dino} they have to get them on the phone or by mail

[15:45] {magoo} im nursinhg Q

[15:45] {cujo} yes, :) indeed

[15:46] {Threei}  ideal pullback rioght into support and immediate bounce

[15:46] {dino} no comment because server out

[15:46] {magoo} that wasnice vad

[15:46] {magoo} saw it

[15:46] {hawkfan4} i got FAS +.11

[15:46] {dino} c'mon, that was funny

[15:46] {Threei}  great reflexes guys

[15:46] {magoo} TY

[15:47] {cujo} thanks.  great call.

[15:47] {Threei}  day slowly becomes brighter

[15:47] {Threei}  too bad it's over, lol

[15:47] {magoo} lets trade AFTERHOURS

[15:47] {dino} larisa, only 120 to go

[15:47] {magoo} drink beer to

[15:47] {cujo} any suggestions for something to hold overnight?

[15:47] {magoo} NEVER DINO

[15:47] {larisa} my way too, dino :)  nobody wins :)

[15:48] {Threei}  cujo... I have some, but this is family-oriented room

[15:48] {cujo} ha ha ha

[15:48] {cujo} punny

[15:48] {nemo} I was waiting for that

[15:48] {nemo} no cujo puny

[15:48] {Threei}  who are you calling punny?

[15:49] {cujo} should have known i was setting myself up for that....

[15:49] {magoo} Q baby

[15:49] {magoo} kickin

[15:49] {magoo} puillin

[15:49] {Threei}  well, you did walk right into that :)

[15:49] {magoo} punchin

[15:49] {magoo} pinchin

[15:49] {Threei}  magoo is having fun

[15:49] {magoo} SIGH

[15:50] {Threei}  or should I say, his version of marital realtionship

[15:50] {dino} unusual

[15:50] {dawg} thanks magoo +.14 Q's

[15:50] {nemo} back to the sheep again

[15:50] {magoo} DAWG:)

[15:50] {Threei}  nice bounce everywhere

[15:50] {dino} 100 larisa, need 10 pts/min.

[15:50] {Threei}  told ya we were overstretched

[15:51] {hawkfan4} nice call

[15:51] {larisa} I think you are one day late, dino, tomorrow  +300:) 

[15:51] {Threei}  one day early you mean

[15:51] {magoo} [15:50] {Threei}  told ya we were overstretched

[15:52] {magoo} thanx to me getting u back in a plane

[15:52] {larisa} right 

[15:52] {Threei}  I thought your method was to go to restroom, mags...

[15:52] {fernp} good evening all

[15:53] {magoo} vad..your trading room mate will be assigned to u in bermuda...and if no one wants it...give me a call...ill fly,er um, trade with ya

[15:53] {Threei}  take care fern but FAS is trying to break

[15:53] {fernp} too late for me. see you all tomorrow

[15:53] {Threei}  okay :)

[15:53] {dino} good  evening fernp

[15:54] {Threei}  for the last one, waatch FAS qwuick drop to .20 or just under

[15:55] {Threei}  .40 break is right one chart wise, but so close to eod, I wouldn't go for it

[15:56] {Threei}  what do you know, even that worked

[15:56] {dino} 95 larisaaaaaaaaaaaaaaa

[15:56] {larisa} +200 all you get. no arguing!

[15:57] {Threei}  she is strict dino

[15:57] {dino} indeed

[15:57] {magoo} tell me about it

[15:58] {dino} mr. jones cranking

[15:58] {magoo} still in Q

[15:58] {magoo} from god knows where

[15:59] {nemo} goin'for the FAS pullback......not

[15:59] {Threei}  no

[15:59] {Threei}  1 min left

[16:00] {dino} out wmt .72, -.02

[16:00] {nemo} thus the "......not"

[16:00] {Threei}  tired as hell

[16:00] {Threei}  somehow today was exhausting

[16:00] {hawkfan4} me too

[16:00] {nemo} liquid rejuvenation

[16:00] {Threei}  have a good evening guys, see you tomorrow

[16:00] {larisa} see you tomorrow guys

[16:00] {cujo} see you all tomorrow. 

[16:00] {nemo} nite

[16:01] {hawkfan4} thx vad, nite all

[16:01] {magoo} ty vad..all