Tuesday, April 28, 2009

Not much excitement but fairly solid day. Short on CAT and a few longs on usual suspects plus BIIB made the day worth waking up for.

Session Time: Tue Apr 28 00:00:00 2009

[06:49] {nemo} anybody home
[06:58] {KSystems} boo
[07:34] {nemo} Gruess dich Herrn K
[07:55] {Threei}  04/28/09 00:01am
[07:55] {Threei}  [C] Citigroup Inc Federal regulators advise Citi and BoA to raise more capital based on early "stress test" results - WSJ
[07:55] {Threei}  - Citing people familiar with the situation.
[07:55] {Threei}  - The capital shortfall amounts to billions of dollars at Bank of America, people familiar with the bank said.
[07:55] {Threei}  - Executives at both banks are objecting to the preliminary findings, which emerged from the government's scrutiny of 19 large financial institutions. The two banks are planning to respond with detailed rebuttals, these people said, with Bank of America's appeal expected by today.
[07:56] {Threei}  - The findings suggest that gov't officials are using the stress tests to send a tough message to struggling banks. It is unlikely that these two are the only banks the Federal Reserve has determined might need more capital.
[07:56] {Threei}  - Gov't officials say their meetings about the stress tests with bank executives over the last few days conveyed preliminary results and that discussions were expected to continue this week about specific findings. They also say that banks directed to raise more capital shouldn't be viewed as insolvent.
[07:56] {Threei}  - Instead, the capital is intended to cushion the banks against potential future losses under dire economic conditions. Federal officials say they won''t allow any of the top 19 banks to fail.
[07:56] {Threei}  - While the Fed initially planned to release the results of the stress tests on May 4, the gov't says the results will be released sometime that week.
[07:56] {Threei}  - Banks that are deemed to need more capital will have six months to find it, either from private investors, other financial institutions or the U.S. gov't
[08:02] {Threei}  RMBS
[08:02] {Threei}  U.S. DISTRICT COURT ISSUES DECISION REGARDING SAMSUNG CONTRACT CLAIMS IN RAMBUS CASE
[08:20] {cosmo} DNDN not done...
[08:21] {vinod} good morning to all and be back at 10.00
[08:21] {Threei}  cosmo, vinod :)
[08:22] {cosmo} daily C&H btw
[08:22] {cosmo} breaking
[08:27] {pita} greetings all
[08:28] {nemo} gm :)
[08:28] {Threei}  pita, nemo :)
[08:31] {Threei}  BRCD EXTEND OEM RELATIONSHIP TO ENTERPRISE IP NETWORKING WITH IBM
[08:31] {pita} what'd I miss - BAC, WFC FAS all down today?
[08:31] {Threei}  [07:55] {Threei} [C] Citigroup Inc Federal regulators advise Citi and BoA to raise more capital based on early "stress test" results - WSJ
[08:32] {nemo} swine flu and stress test announcement
[08:32] {Threei}  and whole bunch of lines after that, all meaningless
[08:32] {pita} wow
[08:38] {fernp} Hello everybody
[08:39] {Threei}  fern :)
[08:42] {dptl} good morning all
[08:42] {Threei}  dp :)
[08:42] {larisa} morning :)
[08:43] {Threei}  larisa :)
[08:50] {Threei}  (US) SENATOR SHELBY: NOT AWARE OF ANY RESULTS FROM RECENT STRESS TESTS; BELIEVES MANY BANKS ARE INADEQUATELY CAPITALIZED
[08:51] {cosmo} they need treadmills
[08:51] {Threei}  who cares whart he believes?
[09:02] {Threei}  BCRX looks to be the strongest of swine flu plays
[09:06] {jfjf64} mornin
[09:06] {Threei}  jf :)
[09:08] {dino} gm all
[09:08] {Threei}  dino :)
[09:09] {nemo} any word from mags?
[09:09] {ese} morning
[09:09] {Threei}  ese :)
[09:09] {Threei}  C
[09:09] {Threei}  REPORTEDLY US REGULATORS ARE IN DISCUSSIONS WITH BANK REGARDING CAPITAL POSITION FOLLOWING STRESS TEST - UNCONFIRMED SOURCE
[09:10] {Threei}  PIMCO'S BILL GROSS: WE ARE NOT BUYING USTS AT THE MOMENT
[09:11] {Threei}  (whispering) see if they sell on that line, and buy all you can
[09:15] {Threei}  (US) CONGRESSMAN B FRANK (D): BANKS REPAYING TARP FUNDS TO BOOST PUBLIC CONFIDENCEE
[09:16] {dino} he should be in es
[09:16] {dino} nemo i mean
[09:17] {cosmo} prxl
[09:18] {dino} turnaround tueday?
[09:18] {dino} tuesday
[09:19] {nemo} tumble down tuesday?
[09:19] {Threei}  both, IMO
[09:19] {pita} which first?
[09:19] {Threei}  the sequence is a question
[09:19] {nemo} yeah...elevator down at first...come back...then eod?
[09:19] {Threei}  yes
[09:20] {nemo} faz looks like it's going to run a little
[09:21] {Threei}  does FAS look like dropping to you?
[09:21] {nemo} double top volume spike at 9:11, yes
[09:21] {nemo} wouldn't be the first time I'm wrong today though
[09:22] {Threei}  wow... day just started
[09:22] {Threei}  man of early achievements?:)
[09:22] {nemo} 41/2 hours old for me
[09:23] {nemo} A widely watched housing index shows home prices dropped in February, but for the first time in 16 months the decline was not a record.
[09:23] {nemo} The Standard & Poor's/Case-Shiller index of home prices in 20 major cities released Tuesday dropped by 18.6 percent from February 2008, slightly better than the 19 percent in January. The 10-city index slid 18.8 percent, compared to 19.4 percent the month before.
[09:23] {nemo} But the good news was mixed. All 20 cities in the report showed monthly and annual price declines, and half recorded annual records. Prices fell by more than 10 percent in 15 cities.
[09:23] {nemo} Prices in the 20-city index have plunged 30.7 percent from their peak in the summer of 2006, and the 10-city index has lost more than 31.6 percent.
[09:25] {Threei}  (US) REP FRANK (D): LEAKED STRESS TEST RESULTS ARE NOT HELPFUL FOR THE MARKET
[09:25] {Threei}  - Results of tests should be released in sync with defined remedies.
[09:25] {Threei}  - Reiterates that banks repaying TARP funds can only boost public confidence.
[09:25] {Threei}  - Hopes that all banks could be free of gov funds in one year time.
[09:25] {Threei}  - States that it is possible for up to 10% of overall TARP allowances to be paid back by end of 2009.
[09:26] {chinggis} gm
[09:26] {Threei}  chinggis :)
[09:28] {Threei}  DNDN presents data around 2 today
[09:30] {Threei}  watching BAC for fast selling under 8 to find long entrey
[09:30] {Threei}  8.10 break is possible for entry if holding 8, just more risky
[09:31] {Threei}  I would prefer selloff
[09:32] {nemo} in
[09:32] {dptl} in .10
[09:32] {ese} PRXL
[09:33] {Threei}  who went for break, 1:1 is here
[09:33] {nemo} out scalp
[09:33] {dptl} half out
[09:34] {Threei}  1:2 almost dp
[09:34] {Threei}  pigs get swine flu
[09:34] {nemo} hehehe...nice take
[09:34] {jfjf64} out .26   ty
[09:34] {Threei}  :)
[09:34] {magoo} ;ljdlsjd.jfjkdjfb
[09:34] {Threei}  oyklmsbskeouiy?
[09:35] {jfjf64} time to mk the  donuts    
[09:35] {magoo} jweoueej !!!
[09:35] {Threei}  :))
[09:36] {Threei}  let's try to catch FAS entry
[09:36] {dptl} ah..all out  so skalp after all ...ty
[09:36] {Threei}  pullback into .30-.35 zone
[09:36] {dptl} scalp
[09:36] {Threei}  stop under .25
[09:36] {magoo} which vad?no replay
[09:36] {Threei}  first strength from here
[09:37] {Threei}  .28 in
[09:37] {magoo} in 285
[09:37] {dptl} scrude up a bit .32
[09:37] {ese} drug companies 
[09:37] {Threei}  half out
[09:38] {dptl} out .40 ty
[09:38] {Threei}  CVM
[09:38] {Threei}  L.E.A.P.S. TECHNOLOGY SHOWS POTENTIAL TO TREAT SWINE INFLUENZA IN PRECLINICAL STUDIES
[09:38] {jfjf64} out  .37  ty
[09:38] {ese} bstop PRXL .06 
[09:40] {magoo} out .38 TY
[09:40] {nemo} ankle in a cast mags?
[09:40] {magoo} walking boot
[09:40] {Threei}  CVM trying
[09:40] {nemo} hairline?
[09:40] {magoo} ty for asking
[09:41] {dino} looks like vads' steel toed, spiked boot
[09:41] {magoo} oh no..dodged bullet, tib is completelely broke and apart
[09:41] {magoo} but it stayed close enough to avoid surgery
[09:41] {nemo} wow!!! lucky ain't the word for it
[09:41] {Threei}  no kidding
[09:41] {dino} cruise lines going green
[09:42] {Threei}  good to hear it's not the worst case scenario mags
[09:42] {nemo} uauau
[09:42] {nemo} uaua
[09:42] {magoo} especially because yours truly dumbass was walking on it for 7 days
[09:42] {magoo} could have displaced it
[09:42] {nemo} yeah, that could have really screwed things up
[09:42] {nemo} re-breaks are no fun
[09:44] {Threei}  BCRX
[09:44] {Threei}  STANDPOINT RESEARCH MAKING POSITIVE COMMENTS
[09:44] {dino} amed beats and drops
[09:44] {ese} prxl invalidated for me
[09:45] {magoo} was BIDU exciting after bell yesterday vad?
[09:45] {Threei}  no idea
[09:45] {nemo} beat earnings
[09:45] {nemo} and revenue
[09:45] {magoo} 20 points?
[09:45] {ese} missed vrtx.....had it on my screen,,,rats
[09:45] {Threei}  BAC
[09:45] {pita} pullback entry on banks, FAS?
[09:45] {Threei}  closer to 8.20 BAC
[09:46] {Threei}  watch for dive under .25 and buy first strength
[09:46] {jfjf64} stop
[09:46] {ese} am watching fas as well pita
[09:46] {Threei}  FMCN
[09:46] {pita} ty
[09:46] {Threei}  HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[09:48] {Threei}  GOLDMAN SACHS INITIATES IPXL WITH NEUTRAL (TIMING UNCERTAIN)
[09:48] {magoo} l bac .26
[09:48] {dptl} inh .28
[09:49] {Threei}  US TREASURY HAS REPORTEDLY REACHED AN AGREEMNET WITH CREDITORS FOR CHRYSLER
[09:50] {dptl} stopped-.09
[09:50] {Threei}  why jump the gun...
[09:51] {nemo} youth and testosterone
[09:51] {Threei}  plan was to let it drop under .25
[09:51] {dptl} it did
[09:51] {Threei}  got .19 here
[09:51] {wulff} .23
[09:51] {Threei}  half out
[09:52] {Threei}  stop under .15... won't rail for now
[09:55] {Threei} Long Setup:  BIIB  ,80 break half lot
[09:56] {Threei}  stop under .60
[09:56] {dptl} in
[09:56] {nemo} in
[09:56] {Threei}  US CONGRESSMAN FRANK REPORTEDLY PLANS TO INTRODUCE REPEAL OF INTERNET GAMBLING LAW NEXT WEEK
[09:56] {magoo} ni
[09:56] {nemo} partial fill
[09:56] {Threei}  what was there
[09:56] {Threei}  CRYP I think
[09:56] {Threei}  something else
[09:57] {Threei}  this is in line with prior comments; Frank most recently said in March that he planned to introduce the legislation in an April timeframe{CRYP GIGM OPMR 888.UK PRTY.UK SBT.UK }
[09:57] {Threei}  GIGM
[09:59] {Threei}  BIIB 1:1
[09:59] {dptl} out some47
[10:00] {ese} l 
[10:00] {Threei}  *APR RICHMOND FED MANUFACTURING INDEX: -9 V -17E
[10:00] {magoo} out BIIB .11 TY vad
[10:00] {magoo} FL
[10:00] {magoo} he he
[10:00] {Threei}  APR CONSUMER CONFIDENCE: 39.2 V 29.7E
[10:00] {nemo} out ty
[10:00] {Threei}  welcome sir
[10:00] {Threei}  sirs
[10:00] {dptl} allout .15 ty
[10:00] {nemo} I looke over my shoulder, nobody there
[10:00] {ese} L FITB .58
[10:00] {Threei}  out BAC
[10:01] {nemo} Hey ese!
[10:01] {magoo} out BAC flat..my entry stunk
[10:02] {Threei}  argh
[10:03] {jfjf64} grrr
[10:03] {dptl} yeah...i scrude up with bac today a bit :)
[10:03] {Threei}  APR CONSUMER CONFIDENCE: 39.2 V 29.7E; HIGHEST READING SINCE NOV
[10:03] {Threei}  - Prior revised from 26.0 to 26.9
[10:03] {Threei}  - Confidence in tech annd consumer electronics sectors climbing "significantly"
[10:04] {ese} hey nemo!
[10:05] {Threei}  C
[10:05] {Threei}  CANNOT COMMENT ON STRESS TEST UNTIL RESULTS ARE ANNOUNCED
[10:05] {ese} out FITB .65 +.07
[10:05] {nemo} 20000 of the little buggers?
[10:05] {Threei}  rumor mill major till this stress bs is over
[10:05] {ese} you don't wanna know......it's a great day
[10:06] {ese} actually not quite.....15000
[10:06] {dino} wow!
[10:07] {nemo} slippin ese?
[10:07] {ese} be nice if you could do this all the time.....but alas poor eurick.....no
[10:08] {Threei}  GE
[10:08] {Threei}  UPDATE: PRICE TARGET RAISED TO $20 FROM $18 AT BOFA/MERRILL LYNCH, MAINTAINS NEUTRAL RATING
[10:08] {nemo} yeah, I didn't know him well
[10:08] {ese} me neither
[10:08] {nemo} why would I want to talk to a skull
[10:09] {Threei}  US REP FRANK(D): COMMITTEE WILL CONDUCT A HEARING ON AN OPTIONAL FEDERAL INSURANCE CHARTER
[10:09] {Threei}  {MET HIG PRU GNW }
[10:09] {ese} volume is slowing down on Fitb gents........not as easy to do what i was doing a few weeks back.......as vad says....watch out for the character of a stock
[10:09] {ese} this one is changing
[10:09] {nemo} short...
[10:09] {jfjf64} wfc    anythin  there bg guy
[10:10] {nemo} everything looks like it's pausing or topping right now
[10:10] {Threei}  WQFC formed C&H
[10:10] {Threei}  hate buying breaks on it
[10:10] {Threei}  but if market spikes... could be
[10:10] {ese} that 15k didn't get filled like it did before or sold like it did before.....sure sign something is changing
[10:11] {nemo} dribs and drabs?
[10:11] {dino} rcl to .55
[10:11] {jfjf64} k
[10:11] {ese} i guess so nemo.....
[10:11] {Threei}  RIMM
[10:11] {Threei}  this p;ullback looks buyable
[10:11] {Threei}  .55 long
[10:11] {Threei}  stop under .45
[10:12] {magoo} in
[10:12] {ese} good scalp for todqay though
[10:13] {Threei}  no go RIMM
[10:13] {magoo} yup\
[10:18] {wulff} where is that rising tide?
[10:18] {ese} L fitb .68
[10:18] {nemo} rip tide dude
[10:18] {wulff} optimist
[10:19] {nemo} who?
[10:19] {ese} out fitb .74
[10:19] {nemo} how many?
[10:19] {ese} +.06
[10:20] {ese} 5 lots
[10:20] {wulff} nads of steel
[10:20] {nemo} conservative...makes sense
[10:20] {ese} ya ...me thinks so
[10:21] {pita} wtg ese
[10:21] {dino} rcl to .65
[10:21] {ese} tks....bs luck on .74 though
[10:21] {ese} had the sell in early and it hit the high of that run
[10:22] {nemo} sometimes it's better to be lucky than good
[10:22] {magoo} every time
[10:22] {pita} high tick ...nice
[10:23] {dino} rcl to .80
[10:24] {dino} stopped out rcl .80, +.65
[10:26] {magoo} .
[10:26] {Threei}  anyone went for WFC break?
[10:27] {pita} nice dino
[10:27] {jfjf64} n
[10:27] {magoo} no
[10:28] {dino} ty pita
[10:28] {magoo} how'd BIDU do on report vad?
[10:28] {nemo} great mags
[10:28] {Threei}  didn't watch it
[10:28] {dino} watching txn, ssw, hsii, rcii
[10:28] {Threei}  let's see if we get nice pullback on WFC
[10:29] {pita} where you thinkin Vad?
[10:30] {Threei}  19.80 I would be very interested
[10:30] {Threei}  doesn't look likely
[10:30] {nemo} has a gap to close from yesterday, and I don't think their name has been leaked
[10:31] {magoo} DNDN vad
[10:31] {Threei}  shrug
[10:33] {ese} dino i almost went 1/2 lot at .20 rcii....at the botom there....didn't have the nerve
[10:33] {ese} are you in
[10:33] {Threei}  wtch FAS,
[10:33] {Threei}  buy WFC on FAS uptick
[10:34] {magoo} in .91
[10:34] {magoo} WFC
[10:36] {nemo} quote server Vad?
[10:36] {dino} not yet es
[10:36] {Threei}  11
[10:36] {Threei}  half out WFC
[10:36] {dino} feels like double bottom coming
[10:36] {Threei}  now need FAS new high for another WFC spike
[10:37] {ese} lokks like it.....question dino......if you had been onto rcii....would that bottom have been something you'd consider
[10:37] {dino} waiting at .00
[10:37] {Threei}  lol DNDN
[10:38] {ese} do ytou tend to to wait for .00 .50's etc on a tank like this
[10:39] {dino} yes
[10:39] {ese} gottcha
[10:40] {dino} they .25, .50.75.00 are like magnets imo
[10:40] {dino} ok giddy-up
[10:40] {ese} my prediction...if the qqqq's can get above 34.00...gonna be a big rally
[10:40] {Threei}  feel free to take WFC profit as you see fit
[10:41] {Threei}  I am out .08
[10:41] {dino} mr t's prediction...."pain"
[10:42] {ese} short squeeeeeeza
[10:43] {nemo} fitb ese
[10:43] {ese} yup lookin at it again
[10:44] {ese} don't know if i'm gonna have time to play it...tues and thurs i teach a class early
[10:44] {dino} 868-871 been big resistance s/p
[10:44] {ese} might not have time to monitor
[10:45] {ese} hmmm my chart is showing 875 resistance
[10:46] {pita} ?
[10:46] {ese} s/p pita
[10:46] {pita} ah ty
[10:47] {Threei}  mags?
[10:47] {ese} lots of stock bumping up against highs...waiting for indexes
[10:48] {dino} yes es, but 871 monthly high
[10:48] {ese} ahhhhh ok am looking at daily
[10:48] {dino} opps you're rtight 875 on 4/17
[10:49] {dino} good girl rcii
[10:50] {magoo} was waiting .23 vad
[10:50] {magoo} still in :(
[10:50] {Threei}  oversitting them... it's not a straight up day
[10:51] {magoo} yea..if mkt ever returns to powerup mode i gonna majke dough
[10:59] {Threei}  DNDN
[10:59] {Threei}  HEARING COWEN MAKING POSITIVE COMMENTS ON PROVENGE AHEAD OF DATA (TIMING UNCERTAIN)
[10:59] {Threei}  - Sees Data to show in excess of 4 months added survival.
[10:59] {Threei}  - note: earlier today CNBC guest David Miller commented that any data showing added survival of four or more months would be a "home run."{GSK}
[11:00] {dino} ssw double bottom?
[11:01] {dino} sm l .70
[11:01] {Threei}  can't tell really... I like them to be closer to each other
[11:01] {Threei}  but your entry is so close to support, why not
[11:03] {Threei}  CDC NOTES 64 CONFIRMED CASES OF SWINE FLU IN THE US
[11:03] {Threei}  - up from 40 at the last report
[11:03] {nemo} anybody die?
[11:04] {dino} es, you still in rcii?
[11:04] {Threei}  nobody in Mexico believes virus originated there
[11:05] {Threei}  they say American tourists breought it
[11:05] {Threei}  FBR CAPITAL MARKETS SPECULATING BAC WILL NEED CAPITAL UNDER THEIR OWN STRESS TESTS; REITERATES UNDERPERFORM RATING (TIMING UNCERTAIN)
[11:05] {dino} terrorists, started when yobama was there
[11:05] {dino} rcii ton .45
[11:05] {dino} to
[11:06] {dino} ssw stop is .48 
[11:06] {dino} amed, hmmmm
[11:06] {nemo} what size lot on rcii Dino?
[11:06] {dino} 400
[11:06] {dino} es is the big guy
[11:07] {dino} to .55
[11:08] {dino} mkt drop tighten to .59
[11:08] {dino} crazy thought amed has gap around 28.80
[11:09] {Threei}  .short cat .15
[11:09] {dino} to .75 rcii
[11:09] {Threei} Short Setup: CAT  .15
[11:09] {dptl} stop?
[11:10] {dino} to .85
[11:10] {nemo} .30?
[11:10] {Threei}  so far .25, but if sets up from here, could be even above .20
[11:10] {Threei}  a bit too tight probably
[11:10] {dino} out .95, +.95
[11:10] {dino} rcii
[11:10] {nemo} wtg dino
[11:11] {dino} ty, lucky one
[11:11] {nemo} what was your original stop?
[11:11] {dino} .32
[11:12] {dino} -.32=.68
[11:12] {nemo} Didn't you buy in @17.00
[11:12] {dino} most sm i go .32 on nemo
[11:12] {dino} 17 yes, - .32 = .68
[11:12] {nemo} got it DENSA
[11:13] {dino} on capits entries tough, .32=/- seems to work 65%+
[11:13] {dino} otherwise rinse city
[11:14] {dptl} in cat
[11:14] {dino} goal is 1:2, altho once over 1:1 tighten stop to 1:1
[11:14] {nemo} didn't get entry
[11:15] {jfjf64} in.15
[11:16] {nemo} wow, and I tried .14
[11:16] {dptl} .15
[11:18] {dino} ssw stopped -.22
[11:18] {Threei}  1:1 on CAT, noone covered?
[11:18] {fernp} missed entry
[11:19] {dptl} it was just couple trades at .05
[11:19] {dptl} i had bit for half still
[11:19] {dptl} .05
[11:20] {jfjf64} out .09  ty
[11:23] {dptl} ok half out now ty
[11:24] {Threei}  save and easy trade
[11:24] {Threei}  just as I like them
[11:24] {dptl} stop to .15
[11:25] {dino} ufcs
[11:26] {dino} thinny
[11:27] {nemo} dino, rcii turne into energizer bunny
[11:29] {dptl} above .10 now cat
[11:29] {dino} yeah, was too tight on it
[11:29] {Threei}  Prez on TV
[11:29] {dino} hsii thoughts 
[11:30] {Threei}  way too far from bottom...
[11:30] {Threei}  buying it here would practically be a breakout
[11:31] {Threei}  and breakouts are rarely working on these thinnies
[11:31] {nemo} I was going to say re short cat
[11:31] {dptl} more out .96 
[11:32] {dino} thinking 19 area
[11:32] {Threei}  DNDN
[11:32] {Threei}  PRECLINICAL DATA INDICATES TRPM8 AGONIST SHOWS ACTIVITY
[11:32] {Threei}  - Dendreon's orally bioavailable small molecule, which targets TRPM8 (a transmembrane cation channel protein), to treat benign prostatic hyperplasia (BPH). D-3263 demonstrated the ability to reduce BPH alone and in combination with finasteride, a current treatment for BPH.
[11:37] {Threei}  IVAN?
[11:37] {Threei}  what's with this dog with fleas
[11:38] {dino} onty
[11:39] {Threei}  yeah
[11:39] {Threei}  popped up on scanner
[11:39] {Threei}  no news that I see
[11:39] {nemo} .80 break on wfc?
[11:41] {Threei}  i doubt it
[11:41] {nemo} me too now
[11:44] {Threei}  WHO'S FUKUDA: ENTIRELY POSSIBLE THAT WORLD MAY SEE A "MILD PANDEMIC" FROM SWINE FLU
[11:44] {Threei}  what a meaningless statement
[11:44] {Threei}  and who's fukuda
[11:46] {Threei}  CAT baby
[11:46] {Threei}  out in full
[11:46] {Threei}  +.30
[11:47] {jfjf64} nice job     i got  out  too soon    what  chapter in  book  do i learn to stay  in  trade longer   lol
[11:48] {Threei}  it's a chapter Trading in the Coma
[11:48] {Threei}  subtitle: If you thought you had to be awake in order to trade - you were WRONG!
[11:48] {dino} think it's more of a song, "should i stay or should i go"
[11:49] {dino} whack-a-mole fslr
[11:50] {dino} cdc warns limit large gatherings
[11:50] {Threei}  good
[11:50] {Threei}  telling my wife and son to get out of the house
[11:53] {Threei}  wow, CAT had more in it
[11:56] {wulff} dead CAT bounce
[11:56] {wulff} ?
[11:56] {Threei}  another pullback and forming double bottom would be nice
[11:57] {Threei}  I doubt it will try to the low again
[11:57] {Threei}  so dive under .70, I would watch for first strength
[12:01] {Threei}  no chance for entry
[12:01] {Threei}  oh well
[12:03] {Threei}  US SENATOR ARLEN SPECTER REPORTEDLY TO SEEK REELECTION AS DEMOCRAT
[12:03] {Threei}  - Reelection could potentially bring seat # for Democrats to 60
[12:06] {dino} nothing like betraying his supporters
[12:07] {nemo} lust for power
[12:07] {dino} politics= poly=many, tics=bloodsucker
[12:08] {nemo} Niiiiiceeeee
[12:08] {nemo} of course, that's not nice to say about ticks
[12:08] {jfjf64} you hit it on the money  dino
[12:08] {dino} lol
[12:12] {wulff} thoughts on PM rally?
[12:14] {nemo} Precious Metals or afternoon canus lupus
[12:14] {nemo} canis?
[12:16] {Threei}  don't know... seems likely
[12:17] {wulff} So how is the weather up there?
[12:17] {Threei}  very nice
[12:17] {wulff} here too, deep south
[12:17] {nemo} where wolf?
[12:17] {nemo} there castle
[12:17] {wulff} ATL
[12:18] {nemo} used to live in SC
[12:18] {wulff} Lived there once
[12:18] {wulff} Beaufort
[12:19] {dino} nice
[12:20] {dino} not bad here either except for spector turning on us
[12:20] {nemo} Yep, had a friend in Beaufort...stopped sending checks...so he never calls
[12:20] {wulff} wasn't me
[12:23] {jfjf64} axp on another mission
[12:25] {Threei}  V too
[12:26] {Threei}  filibuster-proof majority for dems
[12:26] {Threei}  just what we need
[12:27] {nemo} Aye comrade...
[12:27] {dino} tax, spend, regulate
[12:31] {dino} txn l .25
[12:45] {ese} am back hows itgoin
[12:45] {dino} wmgi sm l .75
[12:48] {pita} later all
[12:49] {ese} se ya pita
[12:49] {Threei}  take care pita
[12:53] {dino} ssw lod
[12:55] {dino} lcav
[13:00] {dino} ssw sm l .15
[13:06] {ese} might not be today but that s/p is gonna break the 875 resistance
[13:09] {Threei}  feels like yes
[13:09] {Threei}  market sets up another trap for bears
[13:12] {ese} thas the feeling i''m getting too
[13:12] {nemo} look who's here
[13:12] {nemo} thought you had to teach?
[13:12] {ese} when it sells down it's not selling down hard
[13:13] {ese} yep am back.....band class 8:30 to 9:30 my time
[13:13] {ese} 11:30 to 12:30 market time
[13:14] {dino} gmcr
[13:22] {jfjf64} zzzzzzzz
[13:25] {jfjf64} any body there   
[13:25] {Threei}  DNDN sharp selling
[13:25] {jfjf64} k
[13:26] {Threei}  something leaks from presentation or what
[13:26] {dino} dndn
[13:26] {Threei}  wow!
[13:26] {ese} outta here see ya tomorrow
[13:26] {nemo} omg
[13:26] {larisa} wow
[13:26] {magoo} WOW
[13:26] {dino} -10
[13:26] {nemo} couln't short it anyway
[13:26] {jfjf64} sharp sharp
[13:26] {Threei}  why?
[13:26] {nemo} -14
[13:26] {Threei}  shortable
[13:26] {Threei}  mama
[13:26] {nemo} oh, last week you tried
[13:26] {nemo} mia
[13:27] {Threei}  SHARES FALL SHARPLY LOWER AHEAD OF DATA
[13:27] {Threei}  halt
[13:27] {dino} halt
[13:27] {Threei}  remember how I called DNDN?
[13:28] {nemo} refresh please
[13:28] {Threei}  widowmaker
[13:30] {Threei}  - Provenge data expected to be released from embargo at 2pmET
[13:30] {magoo} can u imagine if long 1k at 24?
[13:30] {Threei}  no
[13:30] {Threei}  I have vivid imagination
[13:30] {Threei}  but that's beyond my capabilities
[13:31] {Threei}  from 24 something to 8 within one minute... how about that
[13:31] {larisa} can i imagine i am short at 25 ? :) please!
[13:31] {Threei}  that would be nice
[13:32] {Threei}  I contemplated short dow to 22
[13:32] {Threei}  than just took my hand off the mouse, to be safe
[13:32] {larisa} lol
[13:32] {nemo} wfc showing a little life
[13:36] {magoo} go over to yhoo board and people are talking they are DEAD
[13:36] {vinod} DNDN buy at 3 and sell around 20 every 4 month
[13:37] {dino} lol
[13:37] {Threei}  I have no doubt mags... always same story
[13:38] {vinod} sorry i look at wrong chart?
[13:47] {dino} wmgi to .99
[13:50] {larisa} 4 mil shares dumped in 2 min. must be ese :)
[13:50] {nemo} too funny
[13:51] {Threei}  STEVE WYNN: INTERESTED IN MGM'S BELLAGIO AND OTHER CASINOS IN LAS VEGAS
[13:51] {Threei}  {WYNN LVS}
[13:51] {dino} out wngi .01, +.26
[13:52] {Threei}  US CALIFORNIA GOV DECLARES STATE OF EMERGENCY OVER SWINE FLU
[13:52] {nemo} frickin' girlie man
[13:52] {Threei}  lol
[13:54] {dino} what will this mean to ccl, rcl
[13:56] {Threei}  they don't react
[13:56] {dino} strange
[13:57] {Threei}  you'd think it's devastating turn of events
[14:00] {Threei}  dndn
[14:00] {Threei}  RELEASES DATA ON PROVENGE: SURUVIAOL 4.1 MONTHS
[14:00] {Threei}  REDUCES RISKS OF DEATH VS PLACEBO
[14:01] {Threei}  hmmm
[14:01] {Threei}  now it will open at 35?
[14:01] {Threei}  that would be ultimate killer
[14:01] {larisa} then i do not want to be short at 25 :)
[14:01] {nemo} Don't think so.  I read yesterday where 4 months had been reported
[14:02] {Threei}  kill those who were long when they panicked
[14:02] {dino} in 4 months
[14:02] {Threei}  then those who shorted and didn't cover before halt
[14:02] {Threei}  longs that bailed are crying
[14:02] {Threei}  shorts are crying
[14:03] {Threei}  only those longs who slept through whole thing are happy
[14:03] {Threei}  see... told you, trading must be done in yor sleep
[14:03] {dptl} lol
[14:03] {nemo} what was that about sitting on your hands and doing nothing?
[14:04] {Threei}  - Extends 3 year survival 38% vs placebo
[14:04] {Threei}  - PROVENGE extended median survival by 4.1 months compared to placebo (25.8 months versus 21.7 months);
[14:04] {Threei}  - PROVENGE improved 3-year survival by 38% compared to placebo (31.7% versus 23.0%);
[14:04] {Threei}  - The IMPACT study achieved a p-value of 0.032, successfully exceeding the pre-specified level of statistical significance defined by the study''s design (p-value less than 0.043), and PROVENGE reduced the risk of death by 22.5% compared to placebo (HR=0.775);
[14:05] {Threei}  - PROVENGE exhibited a favorable safety profile consistent with prior trials.
[14:05] {Threei}  - CNBC notes an official mentioned that shares likely to be halted until end of conference call which starts at 5:30pmET
[14:05] {Threei}  no opening today then
[14:05] {Threei}  too bad
[14:05] {Threei}  I wanted show to go on
[14:10] {larisa} typed another stock into DNDN L2 and forgot i did, see it blinking at 101. Heart skipped a bit for a sec :)
[14:10] {Threei}  lol
[14:11] {Threei}  oh btw
[14:12] {Threei}  DNDN has more ways to kill traders
[14:12] {Threei}  imagine someone shorting 24
[14:12] {Threei}  happily covering 10
[14:12] {Threei}  going out to buy nice signle malt
[14:13] {Threei}  returning to see that cover is broken by NASDAQ, while short stands,
[14:13] {Threei}  and stock opening after halt at 35 :)
[14:14] {larisa} can we all get along ? dis is sad 
[14:14] {Threei}  not really
[14:14] {Threei}  nature is unkind
[14:14] {nemo} utopians
[14:16] {Threei}  so... DNDN has a lot of ways to make a lot of people unhappy
[14:17] {Threei}  that;'s why I am staying away from these superhot things on a day of coming news
[14:17] {Threei}  This planet has a problem, which was this: most of the people on it were unhappy for pretty much of the time. Many solutions were suggested for this problem, but most of these were largely concerned with the movements of small green pieces of paper, which is odd because on the whole it wasn't the small green pieces of paper that were unhappy.
[14:17] {Threei}  And so the problem remained; lots of the people were mean, and most of them were miserable
[14:18] {Threei}  Many were increasingly of the opinion that they'd all made a big mistake in coming down from the trees in the first place. And some said that even the trees had been a bad move, and that no one should ever have left the oceans.
[14:18] {vinod} no guts no glory
[14:18] {nemo} Oh yeah, like that's a haven of peace and tranquility
[14:21] {nemo} rimm creeping...too late
[14:22] {Threei}  larisa, next setence is a stern warning for you:
[14:22] {Threei}  And then...one man had been nailed to a tree for saying how great it would be to be nice to people for a change
[14:24] {larisa} lol
[14:28] {Threei}  WHITE HOUSE: TOO EARLY TO JUDGE WHETHER BANKRUPTCY IS APPROPRIATE FOR CHRYSLER
[14:28] {Threei}  {GM F F.IT}
[14:29] {dino} i know lets give them another 5 billion
[14:35] {Threei}  there you go
[14:35] {Threei}  DNDN
[14:35] {Threei}  NASDAQ NOTES IT WILL INVESTIGATE TRADES BETWEEN 1.25-1.37PMET TODAY AS THERE MAY BE AN 'ERROR'
[14:35] {Threei}  told ya
[14:35] {jfjf64} hmm
[14:36] {fernp} that scares
[14:39] {nemo} frickin' stealth rally
[14:42] {magoo} worste type nemisis
[14:43] {nemo} saw RIMM just as it popped, didn't think it would go that far
[14:43] {Threei}  64 cases in USA
[14:44] {nemo} so 64 out of 300 million...we're porked
[14:44] {Threei}  (CH) CHINESE COMMERCE MIN: USD WILL REMAIN THE MAIN CURRENCY OF WORLD TRADE, DESPITE ITS "DEFICIENCIES"
[14:44] {Threei}  heh
[14:44] {nemo} somebody else said that recently
[14:45] {jfjf64} wfc   pullback??
[14:45] {nemo} I was just going to say, Cat looked shortable
[14:46] {Threei}  seems a few more ticks down before it bottoms out
[14:46] {nemo} wfc or cat
[14:46] {Threei}  WFC
[14:46] {magoo} make the call boss
[14:48] {Threei}  finger on a trigger
[14:48] {Threei}  in
[14:48] {Threei}  .77
[14:48] {dptl} stop?.75?
[14:49] {Threei}  if going for pure quick scalp, yes
[14:49] {nemo} dam missed
[14:49] {dptl} not in yet
[14:50] {magoo} yea..i missed and truly we had all day
[14:50] {magoo} nice call vad
[14:55] {nemo} no volume today
[14:55] {Threei}  no
[14:56] {Threei}  sold at .87 btw
[14:56] {nemo} the sith strike again
06[14:56] * magoo slaps Threei around a bit with a large trout
[14:56] {jfjf64} .84  ty
06[14:56] * nemo slaps Threei around a bit with a large /moderate roll of cash
[14:57] {Threei}  why do you slap me? slap jf
[14:57] {nemo} oh yeah
[14:57] {jfjf64} lol
[14:57] {nemo} no..you got out @.87
06[14:57] * nemo slaps Threei around a bit with a large roll of cash
[14:57] {Threei}  what is it, pick on Threei day?
[14:58] {magoo} bulls coming last hour vad??
[14:58] {nemo} Yeah, it's Tuesday...ends in y
[14:58] {Threei}  either that or swines, mags
[14:58] {jfjf64} gm on
[14:58] {nemo} good one
[14:58] {Threei}  WSJ: REORGANIZATION OF CHRYSLER MAY INVOLVE MOVING CHRYSLER FINANCIAL TO GMAC
[14:59] {nemo} inverted C&H on FAS?
[15:04] {dptl} cat ? .15 short?
[15:05] {Threei}  nah
[15:07] {nemo} laserdave is here and Mags hasn't smacked him...
06[15:07] * magoo slaps larisa around a bit with a large trout
[15:07] {larisa} you have 1 sec to take it back
[15:07] {magoo} oops..missed
[15:07] {dptl} heh...Magoo missed :)
[15:08] {nemo} let's see if the lioness bares her fangs
[15:08] {Threei}  DNDN
[15:08] {Threei}  LAZARD MAKING POSITIVE COMMENTS; MAINTAINS BUY RATING, PRICE TARGET $25 (TIMING UNCERTAIN)
[15:08] {Threei}  - Firm discloses: We believe that DNDN's Provenge will achieve regulatory & commercial success. We think Provenge can achieve }$2B in peak sales now that the survival delta is 4+ months (ie similar to previous trials). With two survival studies, solid safety, a (+) FDA panel, & a SPA, we would look to buy DNDN.
[15:09] {Threei}  NASDAQ NOTES THE TRADES FROM 1.25-1.37PMET WILL BE ALLOWED TO STAND
[15:09] {dino} ccl sm s .90
[15:09] {nemo} somebody just went drinking...others...jumped
[15:11] {dino} yeah, magoo is on the ledge
[15:11] {nemo} well, as long as he lands on his head the only thing damaged will be the street
[15:13] {Threei}  he better - his ankle won't handle another shock
[15:13] {magoo} good bye cruel trading room
[15:13] {larisa} lol
[15:13] {Threei}  rofl
[15:13] {dptl} lol
[15:14] {Threei}  as if you'd survive in any other
[15:14] {jfjf64} wfc ???
[15:15] {Threei}  gosh... dropped whole 8 cents, why scream
[15:15] {Threei}  you scared me... I need an hour of sleep now
[15:15] {Threei}  to deal with PTSD
[15:16] {jfjf64} ptsd
[15:17] {larisa} jf thinks it is a stock :)
[15:18] {dptl} lol me too...
[15:18] {Threei}  sigh
[15:18] {larisa} lol
[15:18] {dptl} what is it?
[15:18] {larisa} Posttraumatic Stress Disorder 
[15:18] {dptl} roflol
[15:19] {nemo} oh, and I was thinking it was an std
[15:19] {dptl} you got me there..lol
[15:19] {magoo} prostrate distress disorder??
[15:19] {nemo} just wear your Depends Mags...no worries
[15:19] {dino} nasty
[15:20] {nemo} what, the ccl short?
[15:20] {Threei}  FAS
[15:20] {dino} ssw stopped -.21
[15:21] {Threei}  too fast... couldn't type in time
[15:21] {Threei}  .60 is solid support, see if it goes closer to it again
[15:24] {Threei}  Prez on TV
[15:24] {Threei}  missed him?
[15:24] {nemo} now
[15:25] {Threei}  watching FAS
[15:25] {Threei}  argh
[15:25] {Threei}  missed
[15:25] {nemo} market dropping
[15:25] {Threei}  wanted .61 for a quick pop
[15:25] {Threei}  wasn't willing to chase even 1 cent
[15:26] {dptl} oh got .63
[15:26] {dptl} .59 stop
[15:28] {Threei}  works... I just was way too anal-retentive
[15:28] {Threei}  happens to me when the day is generally narrow and I want to preserve every bit of profit
[15:29] {dptl} still in
[15:29] {Threei}  why?
[15:30] {Threei}  end of day selling is just for quick scalps
[15:30] {dptl} ah stopped ...offerd ..68 didn;t get it then .67 didn' get it either
[15:32] {dptl} -.05
[15:37] {jfjf64} me again   wfc?
[15:37] {Threei}  I'd like it to retest .50
[15:38] {jfjf64} me too lol
[15:40] {dino} hate to say it but.....dieeeeeeeeeeeeeeeee ccl
[15:40] {Threei}  got it jf?
[15:41] {jfjf64} y
[15:41] {jfjf64} \.49
[15:41] {Threei}  stop .44
[15:41] {Threei}  and if moves, don't oversit it
[15:41] {Threei}  the closer to eod the more nerves
[15:42] {jfjf64} bounce
[15:43] {Threei}  nice jump for you
[15:43] {Threei}  exited?
[15:43] {jfjf64} 0ut.53
[15:43] {jfjf64} ty
[15:44] {Threei}  a bit too stingy... but hey
[15:44] {Threei}  profit is profit
[15:44] {Threei}  .56 was obtainable
[15:44] {nemo} twice is twice
[15:44] {Threei}  FAS...
[15:44] {Threei}  to go one lst time or let it live
[15:44] {Threei}  lol
[15:45] {Threei}  while I was thinking, fingers did it
[15:45] {Threei}  .42 - .46, 2K
[15:45] {Threei}  got partial
[15:45] {Threei}  barely managed to cancel the rest, not to get filled on the way back
[15:45] {nemo} partial on the sell too? :)
[15:45] {Threei}  no, sell in full
[15:49] {Threei}  hectic
[15:50] {Threei}  people are buying NVAX and BCRX for gap
[15:50] {Threei}  assuming that swine flu news bombradment will continue overnight
[15:51] {dptl} have a good evening all
[15:52] {fernp} good evening dp
[15:52] {jfjf64} enjoy
[15:52] {Threei}  take care dp
[15:54] {dino} ccl bstop to .60
[15:54] {dino} stopped/covered +.30
[15:54] {nemo} dino had a good day
[15:55] {dino} lucky 
[15:55] {nemo} you're lucky quite often
[15:56] {dino} hmmmm
[15:56] {nemo} "lucky"
[15:56] {fernp} See u tomorrow. good evening
[15:56] {dino} cya fernp
[15:56] {Threei}  thank you all
[15:56] {Threei}  not very exciting but solid day
[15:56] {larisa} later :)
[15:57] {Threei}  have a good evening, see you tomorrow
[15:57] {nemo} gnite
[15:57] {jfjf64} good day ty
[15:58] {dino} take care all
[15:58] {Threei}  NVAX finishes at high
[15:59] {Threei}  CCL
[15:59] {Threei}  UPDATE: CANCELS THREE STOPS AT MEXICAN PORTS DUE TO SWINE FLU OUTBREAK
[15:59] {Threei}  - the affected ships will remain at sea instead of making port{USD/MXN}

Monday, April 27, 2009

Apr 27 2009

Somewhat empty day. Slightly positive but nothing to write home about. Whole swine flu thing took the market off track.

Session Time: Mon Apr 27 00:00:00 2009

[07:56] {nemo} Gawd...this window header stuff has taken on a life of it's own!
[08:02] {fernp} Good morning
[08:03] {nemo} :)
[08:03] {fernp} Bin Laden May Be Dead According to Pakistan's Intelligence http://www.bloomberg.com/apps/news?pid=20601087&sid=aFTKaoi4lFNg
[08:04] {nemo} They roll that headline out every year
[08:17] {pita} greetings
[08:27] {dptl} good morning all
[08:28] {nemo} gm
[08:41] {Threei}  Good morning
[08:41] {larisa} morning :)
[08:41] {dptl} good morning
[08:41] {fernp} gm
[08:42] {Threei}  latisa, dp, fern :)
[08:47] {KSystems} morning :)
[08:48] {ese} morning
[08:50] {Threei}  ks, ese :)
[08:51] {Threei}  ese look dcc please
[08:55] {jfjf64} gd mornin all
[08:55] {Threei}  jf :)
[09:04] {cosmo} NVAX trading at a feverous pace
[09:05] {Threei}  swine flu play
[09:05] {cosmo} 3.10 to 3.95 range
[09:05] {Threei}  GNBT is another
[09:06] {cosmo} BCRX
[09:07] {cosmo} PURE
[09:08] {cosmo} QDEL: # Quidel falls to 1Q loss on weak flu seasonAP(Thu, Apr 23)
[09:09] {cosmo} good time to start a tea tree farm maybe
[09:20] {i2romantis} morning all
[09:21] {cosmo} CRXL
[09:22] {Threei}  i2r :)
[09:22] {nemo} Can we trust quotes Vad?
[09:24] {magoo} morn
[09:24] {Threei}  doesn't look like it
[09:24] {Threei}  INET is stuck
[09:24] {nemo} so sit it out until resolved?
[09:24] {Threei}  look at T&S and compare to level 2
[09:24] {Threei}  usually T&S is accurate
[09:24] {Threei}  if you swicth server, you will see corrected level 2
[09:25] {dino} gm all
[09:25] {Threei}  dino :)
[09:25] {nemo} what servers to use vad?
[09:28] {Threei}  they all screwed up
[09:28] {Threei}  hmm
[09:28] {Threei}  seems better
[09:28] {nemo} Well..how's the weather?
[09:29] {Threei}  I am on 7th
[09:29] {nemo} quote or chart?
[09:29] {Threei}  no, still delayed
[09:31] {Threei}  NVAX looks determined
[09:32] {magoo} gild drops a point
[09:33] {vint} good morning all
[09:33] {Threei}  vint :)
[09:34] {nemo} fas closing the gap
[09:35] {Threei}  watching FAZ for pullback and double bottom
[09:35] {Threei}  8.55 support
[09:35] {Threei}  would like to get it as close to it as possible
[09:36] {Threei}  around .60 if shows strength
[09:36] {Threei}  if not going there, then .70 break
[09:36] {dptl} in.68
[09:37] {Threei}  stop under .60 for scalp or under .55 for bigger trade
[09:38] {dptl} half out .78
[09:40] {dptl} all out ty
[09:40] {dptl} faz
[09:42] {Threei}  let's try to find GILD entry
[09:42] {Threei}  half lot only, stock is too volatile
[09:43] {Threei}  great... jumped as I was ttypoing .10 break, lol
[09:43] {jfjf64} crazy
[09:43] {nemo} where auto correct in Laser?
[09:44] {Threei}  right click on level 2
[09:44] {Threei}  tab Level II
[09:45] {Threei}  section Auto Correction
[09:45] {nemo} ty
[09:45] {Threei}  check upper box, keep 0
[09:45] {magoo} in gild btw .40
[09:46] {Threei}  I'
[09:46] {magoo} out .71 TY vad
[09:46] {Threei}  d be taking prifit near .70
[09:46] {Threei}  good exit
[09:46] {Threei}  ENER
[09:46] {Threei}  HEARING RENEWED TAKEOVER CHATTER
[09:46] {magoo} FL too lol
[09:48] {Threei}  BCRX pullback is geting interesting
[09:48] {Threei}  fast seling under 4 is what I want to see
[09:49] {Threei}  FAZ again
[09:49] {Threei}  .60 break if holsding .55
[09:49] {Threei}  keep stop religiously, if it loses .55 will dive fast
[09:51] {dptl} in .61
[09:51] {nemo} in
[09:52] {Threei}  stopped
[09:52] {dptl} stopped
[09:52] {nemo} yeah the nas and spy were strengthening
[09:53] {jfjf64} stopped
[09:53] {magoo} FITB str up
[09:54] {ese} yup been watchin it....interesting
[09:54] {ese} it had pretty good numbers last week
[09:54] {magoo} financials strong
[10:02] {magoo} .
[10:04] {i2romantis} lol, my morning is done. as freaky as it can be, holding overnight or weekend can be fun :)
[10:04] {nemo} it can suck too
[10:04] {nemo} glad you got the bull and not the horn
[10:05] {i2romantis} :)
[10:05] {i2romantis} see you guys tomorrow
[10:05] {Threei}  take care i2r
[10:05] {fernp} bye
[10:05] {magoo} sigh
[10:07] {magoo} DNDN vad
[10:07] {magoo} nutsaroolla
[10:09] {Threei}  US CDC MAY REPORTEDLY BE ISSUING TRAVEL RECOMMENDATIONS REGARDING SWINE FLU LATER TODAY
[10:09] {Threei}  {NVAX BCRX GILD ROG.SZ GSK.UK}
[10:10] {Threei}  DNDN no news
[10:10] {magoo} beyond volatile
[10:11] {magoo} futes weak
[10:11] {vinod} just a test
[10:11] {vinod} working
[10:12] {vinod} good morning
[10:13] {Threei}  vinod :)
[10:13] {Threei}  WSJ: LARGE COMMERCIAL JET SEEN FLYING LOW OVER HUDSON RIVER BEING ACCOMPANIED BY MILITARY JET
[10:13] {Threei}  what's going on today
[10:14] {ese} did anyone esle get cut off or was that just me
[10:15] {nemo} I stoved your ip address
[10:15] {Threei}  there was server hiccup
[10:15] {nemo} not :)
[10:15] {ese} tks nemo.......
[10:15] {wulff} WFC long here
[10:15] {wulff} me 
[10:16] {nemo} still dating wfc huh wulff :)
[10:16] {wulff} see'um as I see'um
[10:17] {nemo} great one on Friday if I remember...scooped it right off the floor
[10:17] {wulff} yes
[10:18] {jfjf64} keep gettin knocked off server   anyone else
[10:18] {nemo} no
[10:18] {patience} me too
[10:18] {vinod} me too
[10:21] {magoo} vad..we in anything
[10:21] {Threei}  no
[10:22] {nemo} so NO ENTRY! has multiple applications
[10:22] {magoo} vad, no what?
[10:22] {pita} FITB consolidating...
[10:23] {wulff} seems to be some financial funny business today
[10:25] {ese} straight out of Vads book Pita.......
[10:25] {ese} same thing with HBAN
[10:26] {pita} aye
[10:30] {ese} aye laddie
[10:30] {dino} out blud .25, +1.00 holdover from fri
[10:30] {dino} sm l ctcm .25
06[10:30] * magoo slaps dino around a bit with a large trout
[10:30] {ese} is it an entry ye be wan'en
[10:31] {magoo} holds dont count lol
[10:31] {nemo} shouldn't that be a large roll of cash mags?
[10:31] {dino} lol
[10:31] {pita} aye it is
[10:31] {pita} is = tis
[10:31] {magoo} what..u a pirate now lol
[10:31] {nemo} irish
[10:31] {pita} bored
[10:32] {nemo} what nationality is that?
[10:32] {ese} combination scotish/ irish
[10:32] {pita} mutt
[10:32] {nemo} I'm from the pound too
[10:33] {dino} rcl beat up on swine
[10:34] {dino} ccl too
[10:34] {pita} FITB'd gonna break - more likely down?
[10:34] {nemo} what about dis?
[10:35] {magoo} new movie release...the baconator
[10:35] {dino} dis or dat?
[10:35] {ese} or dez or doz or dem
[10:36] {nemo} der die das die dem der den des
[10:36] {nemo} huh K!
[10:36] {dino} rcl gap around 11.75
[10:39] {Threei}  WFC
[10:39] {Threei}  REPORTEDLY TO RE-MARKET $2.84B IN DEBENTURES ORIGINALLY DUE 2033
[10:39] {Threei}  - Re-market not seen producing any net-profits
[10:39] {wulff} good boy WFC
[10:40] {ese} now theres one i haven't heard before...remarket debentures.....how does that work
[10:40] {Threei}  no idea
[10:41] {dino} lipstick helps
[10:42] {ese} when i took that useless Canadian Securities course we studied debentures but not that concept
[10:44] {Threei}  nice spike WFC
[10:44] {ese} right along with qqqq
[10:48] {dino} ilmn sm l .00
[10:54] {dino} out ctcm .10, +.85
[10:58] {jfjf64} keep getting kickerd off     we in anythin 
[10:58] {Threei}  no
[10:58] {jfjf64} ty
[10:59] {Threei}  F is trying Fri high
[11:00] {nemo} still awake vad
[11:01] {Threei}  pace is so strange whole morning, can't get a feel for what's happening
[11:02] {nemo} advancers are only 31% 56% for decliners
[11:02] {dino} just said same thing to magoo
[11:03] {dino} lackluster
[11:03] {nemo} I'm getting coffee, see if that helps
[11:04] {magoo} i went emergency room friday nite..yup, ankle broke
[11:04] {magoo} so i have to leave today @ 12:30 for ortho apptm
[11:04] {magoo} been walking on it for 7 days lol
[11:05] {pita} ouch
[11:05] {pita} ankle is complicated joint
[11:05] {magoo} tell me about it 
[11:06] {pita} yeah, sorry
[11:08] {nemo} didn't work
[11:11] {Threei}  RMBS
[11:12] {Threei}  HEARING RENEWED TAKEOVER CHATTER CIRCULATING
[11:12] {Threei}  - Samsung rumored as potential acquirer north of $15/shr
[11:19] {jfjf64} vad  recieved course mail today   ty
[11:19] {Threei}  great
[11:20] {jfjf64} ill call ya  next sat at  9am eastern   see how  ya doin    lol
[11:20] {Threei}  death wish?
[11:21] {Threei}  watching WFC for bounce scalp
[11:21] {Threei}  quick sellogg into .60 would be interesting
[11:25] {vinod} market is dead
[11:25] {Threei}  very much so
[11:26] {Threei}  and morning move was so reserved, couldn't really find any worthy plays
[11:27] {nemo} just slowly diminishing reversals
[11:29] {vinod} The market rewards patience traders
[11:29] {Threei}  watching GILD for possible .50 - .60 range, then break
[11:30] {Threei}  one more such move down then up, and I will be interested
[11:30] {Threei}  here is down
[11:30] {Threei}  if holding .50 and breaks .60, long
[11:30] {nemo} invalumadated
[11:31] {Threei}  yeah
[11:32] {vinod} well time for liquid lunch is coming
[11:32] {jfjf64} ya
[11:32] {nemo} where you going vinod?
[11:33] {vinod} at fire and ice
[11:33] {jfjf64} wfc
[11:33] {nemo} Not familiar with that place...Frankly I stay out of the city
[11:33] {vinod} on berkely street
[11:34] {nemo} o.k.
[11:34] {Threei} Long Setup:  GILD  .45 break
[11:34] {Threei}  stop under .40
[11:34] {Threei}  just a scalp most likely
[11:35] {magoo} in
[11:35] {vinod} in
[11:35] {vinod} stop at 0.38
[11:36] {Threei}  1:1, lol
[11:36] {Threei}  and over
[11:36] {vinod} move stop to 0.45
[11:36] {Threei}  WFC is getting there
[11:37] {vinod} now 0.50
[11:37] {vinod} done
[11:38] {Threei}  why not just take profit when it's almost 1:2?
[11:38] {Threei}  it was intended as a scalp from the get go
[11:38] {nemo} don't feel bad vinod...been there done that
[11:38] {vinod} hope--i had a hope it may go to more
[11:38] {Threei}  it's a hi-bye-niceknowingyou kind of play
[11:38] {nemo} hopehopehopehopehopehopehopehopehopehopehopehope
[11:39] {nemo} no hope
[11:39] {nemo} evil word
[11:39] {nemo} damn caffeine
[11:39] {Threei}  one thing I'd do differently if tried to maximize it vinod:
[11:39] {Threei}  moving stop to breakeven after 1:1 is reached makes sense,
[11:40] {vinod} thanks vad
[11:40] {magoo} i still in
[11:40] {Threei}  but next trail was a bit too overtightened
[11:40] {Threei}  if you really want to go for a run while avoiding loss, keep the stop at breakeven,
[11:40] {nemo} Why am I not surprised mags is still in
[11:40] {Threei}  don't give it chance to shake you out so easily
[11:41] {Threei}  look at it this way:
[11:41] {dptl} i did that first half .55 and than .49 gild ty
[11:41] {Threei}  if you were willing to sacrifice 10 cents profit for the chance of bigger run and at the risk of profit evaporating,
[11:41] {magoo} just thought it hasd more
[11:41] {Threei}  what sense does it make to lock in 4 cents profit by moving stop to .50?
[11:41] {Threei}  see my point?
[11:42] {Threei}  accept breakeven as worst case scenario and give it breathing room
[11:42] {jfjf64} wfc
[11:42] {Threei}  but .50 is almost guaranteed shakeout
[11:43] {vinod} o.k i got it should have at breakeven pot
[11:43] {magoo} out .66 TY
[11:43] {magoo} +.21
[11:43] {Threei}  yeah, there is a contradiction between refusing to take 10 cents for the chance of bigger run, yet tightening stop to 4 cents :)
[11:43] {Threei}  welcome mags
[11:46] {nemo} wfc wulff
[11:46] {dino} titn
[11:47] {nemo} jf
[11:47] {jfjf64} not yet
[11:47] {jfjf64} waitin for .60
[11:47] {nemo} nope
[11:48] {jfjf64} nope nope
[11:48] {dino} l .95
[11:48] {Threei}  .64-.65 was it... was a bit too fast there for confident entry
[11:48] {nemo} higher low inside the bollinger bands
[11:49] {wulff} still holding
[11:54] {Threei}  FTC CHAIR: INTERNET COMPANIES APPROACHING THEIR 'LAST CHANCE' TO SELF REGULATE
[11:54] {Threei}  huh?
[11:55] {nemo} taxes
[11:56] {Threei}  DNDN
[11:56] {Threei}  the thing is beyond risky
[11:56] {Threei}  but I swear it's preparing another stunning run
[11:56] {nemo} gild headed back to support
[11:57] {jfjf64} entry??
[11:58] {Threei}  22 break... half lot
[11:58] {Threei}  risky as hell
[11:58] {dptl} stop?
[11:59] {Threei}  if sets up from here, under .90
[11:59] {dptl} ok ty
[12:00] {magoo} ok..i gotta run, er um, hobble..to my ortho apptmt
[12:01] {Threei}  good luck mags
[12:01] {magoo} c u tomorrow
[12:01] {magoo} ty
[12:01] {nemo} good luck Mags
[12:03] {Threei}  come on DNDN... you know you want it
[12:03] {nemo} just think of how many are looking at that chart?
[12:03] {ese} ahhhhh  haaaaaa.......how dare you kick my butt..........trout ok but ....butt....well i never
[12:03] {nemo} ese!  wtf?
[12:04] {ese} the admin kicked me from the server....well i nver
[12:04] {nemo} oh
[12:05] {Threei}  sure... you used incorrect username, lol
[12:05] {jfjf64} still valid
06[12:05] * nemo slaps ese around a bit with a large copy of UNIX for dummies
[12:05] {Threei}  with half, lot... to me, yes
[12:06] {Threei}  just no market orders
[12:06] {ese} tks i needed that
[12:06] {Threei}  that will get you in at the price you would rather sell, lol
[12:07] {dptl} in .85 stop
[12:10] {Threei}  too long pause after such a break
[12:11] {dptl} stopped -.18
[12:15] {pita} gotta go guys, cu later
[12:15] {Threei}  take care pita
[12:15] {ese} see ya pita
[12:23] {nemo} that's a dramamine stock
[12:23] {Threei}  shakeout...
[12:23] {Threei}  oh well
[12:25] {Threei}  sigh
[12:27] {dptl} usb?
[12:28] {Threei}  don't see anything there
[12:29] {Threei}  FDIC'S BAIR: WE HAVE MOVED BEYOND THE LIQUIDITY CRISIS SEEN LAST YEAR
[12:30] {dptl} hmm .15 .25 wasn't that consolidation? 
[12:31] {Threei}  I don't see it giving anything worthy
[12:33] {Threei}  (MX) MEXICAN HEALTH MIN: DEATH TOLL FROM SWINE FLU IS UP TO 149 PEOPLE
[12:34] {jfjf64} wfc sellin
[12:34] {dino} titn to flat mkt drop
[12:35] {dino} forr
[12:37] {Threei}  GILD interestingly strenghtening
[12:42] {chinggis} FAZ going for 9?
[12:47] {dino} ilmn stopped -.32
[12:49] {jfjf64} nice to get losses out of way      
[12:49] {Threei}  can't tell really on FAZ
[12:49] {Threei}  things just slow
[12:50] {chinggis} ok ty
[12:53] {Threei}  (MX) WITNESSES SAY BUILDINGS SHAKE FROM POSSIBLE EARTHQUAKE IN MEXICO CITY
[12:53] {Threei}  ummm
[12:53] {Threei}  someone up there decided to eliminate Mexico altogether?
[12:56] {vinod} just my 2 cent--SRS is flying
[12:59] {dino} ctcm sm l .25
[13:01] {Threei}  TREASURY'S $40B 2-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.72 V 2.71 PRIOR AND 2.42 AVE OVER LAST 10 AUCTIONS
[13:07] {Threei}  Mondays are often hard to findsomething tradable, but this slow - it's rare
[13:07] {nemo} May starting early
[13:07] {Threei}  I don't know if standard "slow summer" will hold this year
[13:08] {Threei}  certainly didn't last summer
[13:08] {Threei}  it was the most active I've ever seen
[13:08] {nemo} Thinking that myself
[13:08] {Threei}  august, traditionally the most dead month, was unbelievably active and readable
[13:11] {Threei}  I'd think it's a pure swine flu reaction today
[13:12] {Threei}  it kind of interrupted the normal flow of events by this rapid over the weekend develoment
[13:12] {Threei}  market was in a process of setting up the trap
[13:12] {Threei}  climb up into stress test results, drop like stone after positive resluts are announced - that was the idea, IMO
[13:13] {Threei}  suddenly this swine thingy comes along and injects whole new factor to account for
[13:13] {Threei}  travel and ailine names get killed, biotechs get lifted
[13:14] {dino} ccl sm l .01
[13:14] {Threei}  in other words, sectors that were not in focus of attention at all suddenly jumped in play
[13:14] {Threei}  syphoned money and attention
[13:18] {jfjf64} said very nicely vad
[13:18] {nemo} Vad doesn't do "nice"
[13:19] {jfjf64} im a newbie here    
[13:19] {nemo} Yeah, smart to suck-up to the boss
[13:20] {Threei}  magoo's real boss
[13:20] {nemo} that's scary
[13:20] {nemo} Yeah...let's talk about Magoo, he's not here to defend himself
[13:24] {ese} signing off.....see you all tomorow....
[13:25] {nemo} nice day ese
[13:25] {Threei}  take care ese
[13:25] {ese} see ya nemo vad
[13:25] {dino}  r4mbs
[13:26] {dino} rmbs
[13:29] {Threei}  starting to see FAS entry
[13:30] {Threei}  see = seek
[13:30] {dino} ccl stopped
[13:31] {dino} -.32
[13:33] {Threei}  want to see it pulling back off .90
[13:33] {Threei}  then either making double bottom closer to .80
[13:34] {Threei}  or holding above .85 and breaking .90
[13:34] {Threei}  IRS REPORTEDLY PREPARING TO INVESTIGATE OTHER OFFSHORE BANKS BESIDES UBS FOR HELPING CUSTOMERS EVADE TAXES
[13:34] {Threei}  held .85 so far
[13:35] {Threei}  .90 break long for scalp if holding above .85
[13:35] {dptl} in
[13:36] {Threei}  RMBS
[13:36] {Threei}  REPORTEDLY ANTI-TRUST CASE AGAINST MANUFACTURERS IS BEING ALLOWED TO GO FORWARD
[13:41] {dptl} out ty
[13:41] {Threei}  pesky scalper
[13:43] {Threei}  oh wait... I called it as a scalp
[13:43] {Threei}  {--- pesky caller
[13:43] {dptl} there :)
[13:43] {Threei}  lol
[13:43] {nemo} so, is it a scalp, or a daytrade?
[13:44] {Threei}  UN OFFICIAL: SWINE FLU DOES NOT APPEAR TO BE THREATENING FOOD CHAIN; LIMITED TO HUMANS
[13:44] {nemo} glad the animals will survive
[13:44] {larisa} lol
[13:44] {Threei}  that's good I assume... even if we all extinct, food will still be safe
[13:44] {nemo} Then we become worm or buzzard food
[13:44] {Threei}  out FAS
[13:44] {Threei}  .98
[13:44] {fernp} out here 2:1 
[13:45] {fernp} ty Vad
[13:45] {Threei}  sure
[13:45] {Threei}  chicken feed today
[13:45] {Threei}  but whatever... there is no bird flu right now
[13:49] {nemo} Any thoughts if Fas Holds here?
[13:50] {Threei}  feels to me like going lower
[13:50] {nemo} the indexes are't helping, that's for sure
[13:52] {Threei} Long Setup:  FAZ  .90
[13:52] {Threei}  stop under .85
[13:54] {nemo} scalp I assume?
[13:54] {nemo} nevermind
[13:54] {Threei}  invalidated... let's wait for now
[13:55] {Threei}  want ti to resstablish the range
[13:55] {nemo} or, creating a longer double bottom in fas?
[13:56] {Threei}  nah... FAS should break down
[13:57] {nemo} look at the volumes, or lack thereof...
[13:59] {Threei}  don't know about this setup... kind of not here nor there
[13:59] {nemo} fas or faz?
[13:59] {Threei}  lol
[13:59] {Threei}  both
[14:00] {nemo} definite maybe, huh?  although, there was another scalp in FAS
[14:00] {Threei}  after 4 tests of the bottom, no way I'd bet on that
[14:01] {nemo} no, but there seem to be cycles, and we are coming out of the lunch period and it's been downtrending since 11:00
[14:04] {nemo} Will the sage sith lord Vad be right again?
[14:04] {Threei}  is there any names I haven't been called yet today?
[14:04] {Threei}  is = are
[14:04] {nemo} You want me to start?
[14:04] {Threei}  I guess
[14:04] {Threei}  umm
[14:04] {Threei}  no
[14:14] {nemo} quite a set of scalps fas and faz have been giving
[14:14] {Threei}  SEC REMARKS THAT 50 INVESTIGATIONS ARE GOING WITH REGARDS TO CREDIT DEFAULT SWAPS
[14:14] {Threei}  {ICE CME ISE}
[14:15] {Threei}  seesaw between .80 and .90 on both
[14:15] {nemo} yes
[14:17] {Threei}  US TRADE REP: PORK FROM CERTAIN US STATES HAS BEEN BANNED IN CERTAIN COUNTRIES
[14:17] {Threei}  USDA: THERE ARE NO REPORTS OF SWINE FLU AMONG PIGS IN THE US
[14:18] {Threei}  American pigs - the healthiest pigs in the world!
[14:22] {dptl} gt?
[14:23] {Threei}  US SENATOR GRASSLEY: NOT MUCH CHANCE FOR APPROVAL OF ADDITONAL TARP FUNDS THROUGH AUGUST
[14:24] {Threei}  but after august is fine?
[14:28] {nemo} This day reminds me of a Neil Young comment..."It starts off real slow, and then fizzles out all together."
[14:29] {Threei}  lol
[14:32] {Threei}  FAS... pullback under .90 will be worth long entry
[14:36] {dino}  rcl sm l .15
[14:37] {dino} intc sm l .30
[14:45] {Threei}  (US) OCC'S DUGAN: TRANSITIONING THRIFT CHARTER TO A NATIONAL BAK CHARTER IS DOABLE
[14:45] {Threei}  - There is strong political will to cut the number of agencies overseeing banks.{XLF}
[14:50] {Threei}  anyone took FAS on pullback under .90?
[14:57] {Threei}  Bank of New York Company Inc CEO: Believes stress tests may show average bank is healthier than majority of people think
[15:01] {Threei}  (US) White House Press Sec Gibbs: Reiteratest that the govt has no desire to run the auto companies
[15:02] {Threei}  {auto companies} yeah, thank you, we can die on our own just as well
[15:04] {jfjf64} is fas wowth  gettin involved with  on  this  bounce   boss
[15:04] {Threei}  watching
[15:04] {Threei}  not sure yet
[15:04] {jfjf64} k
[15:07] {Threei}  probably off .70
[15:07] {Threei}  one more quick leg down, and scalp should be in order
[15:07] {jfjf64} yeah
[15:09] {dptl} .75?
[15:09] {dptl} in.76
[15:10] {dptl} stop under .70?
[15:10] {Threei}  there is not much technical to this play
[15:10] {Threei}  can't tell really
[15:12] {Threei}  should move over 80 now for exit
[15:17] {dptl} hmm
[15:17] {Threei}  now
[15:17] {Threei}  het out
[15:17] {Threei}  get too
[15:17] {dptl} out.84 ty
[15:18] {jfjf64} out.90  ty
[15:18] {Threei}  :)
[15:18] {Threei}  pure "feeling" play
[15:18] {vint} out .87
[15:18] {Threei}  not much on chart to indicate precise entry
[15:18] {jfjf64} ya feelin  gd
[15:20] {dino} blud l .35
[15:27] {Threei}  FAS again
[15:27] {Threei}  first strength
[15:28] {Threei}  in .70
[15:28] {dptl} .71 in 
[15:28] {dptl} stop .65?
[15:28] {Threei}  yeah
[15:30] {Threei}  (US) House to vote on credit card reform legislation on Thursday
[15:31] {Threei}  - NYSE volume 1B shares, about 15% below its three-month average; decliners lead advancers by 3.3:1.
[15:31] {Threei}  - NASDAQ volume 1.83B shares, about 1% below its three-month average; decliners lead advancers by 1.8:1.
[15:32] {dptl} out ty
[15:32] {Threei}  out .77
[15:32] {dptl} .77
[15:33] {Threei}  TARP watchdog Warren: Fed white paper on stress tests gave little detail on the tests mechanics
[15:33] {Threei}  Market data center Your headlines are not in real-time mode Go to live Close
[15:33] {Threei}  Show messages
[15:33] {Threei}  Hide messages
[15:33] {Threei}  sheesh
[15:35] {_ryanagler} what do you think of scalp of gs at 200ma?
[15:35] {Threei}  sorry, having quote issues
[15:35] {Threei}  can't tell
[15:38] {Threei}  urges that stress tests be tough and transparent, otherwise tests will be "useless";
[15:38] {_ryanagler} no prob.  on 10min gs chart 200ma is also 121 even number.  might try it if hits there
[15:39] {Threei}  back...
[15:39] {Threei}  hmm
[15:39] {Threei}  not sure, feels like GS wioll s;ice through 121
[15:42] {Threei}  crap
[15:42] {Threei}  missed FAS dive to ./60 with this connection drop
[15:45] {Threei}  grrr... anyone got it?
[15:45] {jfjf64} nope  stopped at .63
[15:45] {jfjf64} grrr
[15:47] {dino} i'll crack you up, last week on monday it snowed here, today it's 97 degrees
[15:48] {Threei}  lol
[15:48] {Threei}  sliiightly positive day... nothing to write home about
[15:49] {Threei}  and whole lot of issues with quotes, connection, spam e-mails with ugly-looking would-be-brides
[15:54] {Threei}  okay guys, strange day
[15:54] {Threei}  not bad day, just strange
[15:54] {Threei}  have a good evening, see you tomorrow
[15:55] {Threei}  hopefully swines stop sneezing
[15:55] {larisa} later :)
[15:55] {Threei}  and we can get back to business as usual
[15:55] {dptl} have a good evening all
[15:55] {vint} good evening all
[15:55] {_ryanagler} thanks, take care
[15:55] {jfjf64} good night all
[15:56] {fernp} good day here. Good evening all, see u tomorrow

Friday, April 24, 2009

Apr 24 2009

That was a very volatile day, what with "stress test" news et all. Made out OK by staying away during hectic jumps up and down and making our main trades in more readble times. WFC, JNPR, QLD etc worked fine for us on a long side.

Session Time: Fri Apr 24 00:00:00 2009

[08:13] {ese} gotta like them little snipits of advice when you log in "Rally it is - against all predictions"....good morning
[08:13] {nemo} Ese :)
[08:14] {ese} morning nemo
[08:15] {ese} going to get my coffee....and my hypodermic needle....just inject it right in
[08:15] {nemo} cook it down, get the straight caffeine
[08:17] {Threei}  good morning
[08:17] {Threei}  told ya... rally
[08:18] {Threei}  and was so sure of it that took WFC and BAC overnight
[08:19] {Threei}  nice to start the day with +.52 and +.32
[08:19] {Threei}  but I won't even ask "can I go home" qwith nemo around... I know the answer
[08:21] {i2romantis} morning all
[08:22] {Threei}  i2r :)
[08:22] {i2romantis} vad :)
[08:22] {Threei}  man, how could you miss that Bahamas event
[08:22] {ese} whoaa thats confidence vad
[08:22] {Threei}  total blast
[08:23] {i2romantis} you tell me :)
[08:23] {i2romantis} i'm sure it was
[08:23] {Threei}  next year is in preparation... Greeport
[08:23] {i2romantis} diff location every year?
[08:24] {Threei}  ese... sometimes conviction trumps discipline :)
[08:24] {ese} wheres greeport
[08:24] {Threei}  sorry, Freeport
[08:24] {Threei}  {-- fat fingers
[08:24] {i2romantis} ok
[08:24] {Threei}  Bahamas too... different island
[08:25] {Threei}  could change of course, a lot of time still
[08:27] {Threei}  lol... spam e-mail says:
[08:28] {Threei}  Don't miss your chance to look fabulous today! signed: Deborah
[08:28] {Threei}  dear Deborah... you are 25 years late
[08:29] {i2romantis} lol
[08:30] {Threei}  MAR DURABLE GOODS ORDERS: -0.8% V -1.5%E; DURABLES EX-TRANSORTATION: -0.6% V -1.2%E
[08:31] {ese} things are lookin up a little
[08:44] {cosmo} JNPR, for instance
[08:44] {ese} yup 1.34 so far this morning
[08:45] {cosmo} 20.80 spike high so far
[08:46] {ese} tha should break out o new highs today cos
[08:47] {cosmo} 'should'
[08:49] {cosmo} RVBD
[08:49] {cosmo} ... same industry
[08:50] {cosmo} 16.50 pre mkt high
[08:51] {nemo}  It's a little scary everything is looking so "up" this morning
[08:54] {ese} Ford being upgrade at BOA....my goodness ..will miracles never cease
[08:56] {Threei}  F... mama
[08:57] {cosmo} i can't stand that letter
[08:58] {ese} cos what does RVBD do?
[08:58] {cosmo} WAN
[08:58] {cosmo} like JNPR
[08:58] {cosmo} i think
[08:58] {ese} hmmm
[08:59] {pita} greetings
[08:59] {Threei}  pita :)
[08:59] {nemo} Is this a "Pick a stock and go long" day?
[08:59] {dptl} good morning all
[08:59] {Threei}  dp :)
[08:59] {ese} dp, pita
[08:59] {Threei}  nemo... yes, with one correction:
[09:00] {Threei}  in today's temrs, what we used to call "a day" became "an hour"
[09:00] {ese} vad have you seen the dry bulk index lately...up?dn?
[09:00] {nemo} premature stockulation
[09:01] {Threei}  for some reason they don't put it in headlines lately, ese
[09:02] {ese} hmmmm wonder why
[09:03] {Threei}  someone forgot I'd guess
[09:03] {ese} was on a dn slide there for a while 20 or 30 sessions dn....should be turning at some point and so DRYS and the like should follow
[09:03] {Threei}  never exp[lain by conspiracy what can be explained by stupidity
[09:04] {cosmo} ah ... the conspiracy of stupidity...
[09:04] {Threei}  or... you guessed it
[09:04] {Threei}  stupidity of consipracy
[09:05] {cosmo} that still needs to be demonstrated
[09:05] {ese} gotta stop loging on so early boys....your loosin it
[09:06] {Threei}  I have distinctive advantage here ese
[09:06] {Threei}  not much to lose
[09:06] {ese} spectacular advantage
[09:06] {Threei}  so just never log out
[09:06] {cosmo} it helps focus
[09:10] {fernp} Hello everybody
[09:12] {Threei}  gern :)
[09:12] {Threei}  fern, sorry
[09:12] {Threei}  second time I hit G instead of F today
[09:13] {Threei}  so if I alert a trade on G, you know I mean Ford
[09:13] {fernp} lol
[09:13] {pita} yeah, right...lol
[09:14] {larisa} gm :)
[09:18] {Threei}  larisa :)
[09:18] {dino} gm all
[09:19] {nemo} Dino
[09:19] {Threei}  dino :)
[09:19] {nemo} no mags..mmmmmhhhhh????
[09:19] {dino} he's here
[09:20] {nemo} how's his ankle?
[09:20] {dino} crutches
[09:20] {Threei}  F
[09:20] {Threei}  CFO: EXPECT A $3.4B GAIN IN Q2 ON ITS DEBT RESTRUCTURING - CONF CALL COMMENTS
[09:21] {nemo} What's nue doing this morning, it got whacked hard yesterday?
[09:22] {elepet} good morning
[09:22] {Threei}  elepet :)
[09:22] {elepet} palm moving up again?
[09:23] {Threei}  not much so far
[09:23] {Threei}  yesterday's selling while market was strong is not looking encouraging for it
[09:24] {magoo} tctrjrrfjcrj
[09:24] {Threei}  lkgsnsoit
[09:25] {ese} don't you guys mean  ouiiulkjhghl  ?
[09:25] {Threei}  I didn't... can't say for magoo
[09:28] {pita} good day yesterday for JNPR
[09:28] {ese} could be equally as good today
[09:29] {pita} si
[09:30] {Threei}  BAC, if dives into .80 - .85 will be a long entry
[09:33] {Threei}  changes to breakout trade here
[09:33] {Threei} Long Setup:  BAC  9.16
[09:33] {Threei}  if stays above 9.05
[09:34] {Threei}  WFC
[09:34] {Threei}  half lot long .65 break
[09:34] {Threei}  if stays above .50
[09:34] {magoo} futes crushed
[09:35] {magoo} axp
[09:35] {dptl} in wfc
[09:35] {magoo} amzn vad
[09:36] {Threei}  BAC, becomes a bounce play again
[09:36] {Threei}  9 break if holding .95
[09:37] {magoo} in 
[09:37] {Threei}  WFC 1:1
[09:37] {chinggis} in BAC
[09:38] {Threei}  1:2, WFC
[09:38] {Threei}  out +.29
[09:39] {magoo} out .91 WFC TY vad
[09:39] {Threei}  hurry up BAC
[09:40] {magoo} AXP strong
[09:40] {Threei}  hard to tell whether BAC stop should be kept under .95 or under .90
[09:41] {Threei}  our BAC -.06
[09:41] {Threei}  whatever
[09:41] {Threei}  if it's a shakeout, so be it
[09:41] {dptl} wfc +.15 and stopped bac
[09:41] {nemo} stopped bac
[09:41] {nemo} net net on the two
[09:42] {Threei}  F
[09:42] {Threei}  CEO: ON TRACK TO MEET OR EXCEED TARGET OF BREAKING EVEN BY 2011 - CONF CALL
[09:48] {magoo} BLUD WOW VAD
[09:48] {Threei}  04/24/09 09:29am
[09:48] {Threei}  [BLUD] Immucor, Inc. Receives subpoena from US Department of Justice
[09:48] {Threei}  - DOJ requesting documents for the period beginning September 1, 2000 through the present, pertaining to an investigation of possible violations of the federal criminal antitrust laws in the blood reagents industry.
[09:48] {Threei}  - Immucor intends to fully cooperate with the investigation
[09:49] {Threei}  bac
[09:49] {Threei}  sorry
[09:49] {jfjf64} mornin all
[09:50] {Threei}  jf :)
[09:50] {Threei}  F
[09:50] {dino} sm risky l blud .25 wide
[09:50] {wulff} you still in WFC?
[09:50] {Threei}  wroth a try near .20
[09:50] {Threei}  [09:38] {Threei} 1:2, WFC
[09:50] {Threei}  [09:38] {Threei} out +.29
[09:50] {dino} way early
[09:51] {Threei}  stop under .15 who took it
[09:51] {jfjf64} .20 ford long
[09:51] {dino} ok
[09:53] {Threei}  sell half jf
[09:54] {Threei}  and trail stop to under .20
[09:54] {jfjf64} ty
[09:54] {Threei}  unless you just went for a scalp, then you have over 1:1 and need no comments by me
[09:55] {jfjf64} scalpie  ty
[09:55] {Threei}  watching JNPR
06[09:56] * nemo slaps jfjf64 around a bit with a large copy of "How to Scalp Any Market and Profit consistently"
[09:56] {pita} bounce area finnies?
[09:56] {jfjf64} lol
[09:56] {nemo} NDX looks iffy
[09:56] {Threei}  gotta look at particular names pita
[09:56] {Threei}  there are disconnects in this sector lately
[09:57] {jfjf64} jnpr??
[09:58] {Threei}  JNPR, .50 break half lot
[09:58] {Threei}  if holding above .35
[10:00] {Threei}  MAR US NEW HOME SALES: 356K V 337KE (% M/M)
[10:00] {jfjf64} still valid jnpr?
[10:01] {Threei}  not unless goes through new consolidation, at least 2-3 minutes
[10:01] {jfjf64} ty
[10:01] {Threei}  - Median sales price: 201,400$ v $200,900 m/m
[10:02] {Threei}  New Home months of supply: 10.7 months v 11.2 months m/m
[10:02] {Threei}  - Prior New Home Sales revised from 337K to 358K
[10:02] {Threei}  so I guess housing is fixed
[10:02] {nemo} fas just jumped that news seems to have moved it
[10:02] {Threei}  and we were told that was major problem
[10:05] {nemo} nue bounced nicely after yesterday's smackdown
[10:09] {magoo} AMZN
[10:09] {magoo} shit
[10:10] {nemo} guess the recession is over
[10:13] {Threei}  SEC TO HOLD ROUNDTABLE ON MAY 5TH TO DISCUSS CIRCUIT BREAKERS AND SHORT SALES
[10:13] {Threei}  SEC seems to be stuck in 2007
[10:13] {Threei}  it all is so irrelevant
[10:13] {nemo} not politically, unfortunately
[10:15] {Threei}  F CEO: DOES NOT EXPECT TO BE HURT BY GM OR CHRYSLER BANKRUPTCIES - CONF CALL Q&A
[10:15] {Threei} Long Setup:  WFC  .50 break
[10:16] {Threei}  stop is obvious, right?
[10:16] {magoo} in
[10:18] {jfjf64} were is stop
[10:18] {Threei}  under .40
[10:18] {nemo} stoppedd
[10:18] {dptl} stopped 
[10:18] {fernp} stopped
[10:20] {jfjf64} yikes
[10:20] {Threei}  US AND CHINA TO SIGN CONTRACTS WORTH BILLIONS OF DOLLARS FOR US GOODS TODAY
[10:20] {nemo} keep your stops...
[10:20] {nemo} wfc closing opening gap
[10:25] {dino} isrg
[10:25] {Threei} Long Setup:  JNPR  .62
[10:25] {Threei}  argh
[10:25] {Threei}  too fast
[10:25] {Threei}  let it pull back
[10:26] {Threei}  first strength from here
[10:26] {Threei}  in .48
[10:26] {Threei}  stop under .40
[10:26] {dptl} in .50
[10:26] {magoo} in .53
[10:26] {nemo} missed
[10:28] {Threei}  half out
[10:28] {Threei}  .63
[10:28] {Threei}  scalpers be happy
[10:29] {Threei}  stop to .45
[10:29] {fernp} ty Vad
[10:29] {Threei}  :)
[10:30] {Threei}  they publish something about stress tests today... guidelines or something of that kind
[10:32] {Threei}  1/4 more out
[10:32] {Threei}  .70
[10:32] {Threei}  stop to .49
[10:33] {chinggis} out .68 ty
[10:33] {Threei}  run little Juniper run
[10:33] {Threei}  welcome chinggis
[10:33] {magoo} out .77 TY boss
[10:33] {Threei}  offering last part .82
[10:33] {Threei}  {JNPR} you greedy bastard
[10:34] {nemo} boot vad
[10:34] {Threei}  {JNPR} I five and I give and I give... and it's never enough for ya
[10:34] {dptl} out jnpr .73 ty
[10:34] {Threei}  welcome guys
[10:38] {vint} hi Vad-what is on watch for this morning? usual suspects?
[10:39] {vint} sorry, joined late
[10:39] {Threei}  mostly yes, vint
[10:39] {vint} thanks
[10:40] {Threei}  come on JNPR
[10:40] {Threei}  relieve me of last 1/4
[10:43] {Threei}  ah come on... 1 cent shy?
[10:43] {nemo} greedy...
[10:45] {Threei}  market lost will to live
[10:46] {vint} Friday syndrome?
[10:46] {Threei}  yeah
[10:46] {Threei}  plus tose stress test details published at 2
[10:46] {Threei}  plus nearing resistance from a few days ago
[10:47] {Threei}  so gotta decide what to do, break out and run or wilt and die
[10:47] {vint} looks like last hr could be interesting
[10:47] {vint} i mean after lunch
[10:47] {Threei}  wide consensus in investing community is pullback is coming
[10:47] {magoo} so..no pullback
[10:47] {Threei}  you know how I feel about wide consensuses
[10:48] {magoo} :)
[10:48] {magoo} stole your punchline
[10:48] {Threei}  if you want surefire way to be mistaken, side with "widely acknowledged"...
[10:49] {Threei}  (that's why I don't believe in gravity btw)
[10:49] {vint} :)
[10:49] {wulff} ealier you said .50 break on JNPR that did not work.
[10:49] {Threei}  it never set up
[10:49] {wulff} it hit .50 but did not break it, so 
[10:50] {Threei}  it got invalidated by dropping under support
[10:50] {wulff} so I would have bought it at  say .52
[10:50] {Threei}  no... that's not how it works
[10:51] {wulff} it traded at .50 so I bought it, then took a stop
[10:51] {Threei}  gimme a sec, I'll get to it
[10:51] {wulff} Ty
[10:51] {Threei}  ok, out last portion .76
[10:51] {Threei}  {JNPR} there... happy now? leave me alone now, you want just one thing from me
[10:52] {Threei}  original setup was .50 break if holding above .35
[10:52] {Threei}  .50 never got broken, JNPR went under .35,
[10:52] {Threei}  setup got invalidated.
[10:52] {Threei}  Next event was:
[10:52] {Threei}  it jumped up and broke .50
[10:52] {jfjf64} next  
[10:52] {Threei}  no entry in such cases,
[10:53] {Threei}  because:
[10:53] {jfjf64} correct
[10:53] {Threei}  1. support got broken, you have way too wide range to buy a break
[10:53] {Threei}  2. it went into resistance b=vertically
[10:53] {Threei}  and vertical move leads to exhaustion
[10:53] {Threei}  we buy breaks after consolidations, not after a sharp spike into resistance
[10:54] {wulff} but what would I have bought it at the first time
[10:54] {wulff} if it broke
[10:54] {Threei}  it never set up first time
[10:54] {wulff} if...
[10:54] {Threei}  if it broke, you'de have bought it just above .50
[10:54] {wulff} OK
[10:54] {Threei}  with stop under .35
[10:55] {wulff} tricky when it trades to resistance number and falls
[10:55] {nemo} c'mon Juniper give yourself over to the Vader
[10:55] {Threei}  nemo... wake up
[10:55] {Threei}  we already settled our differencies
[10:55] {nemo} oh, shut off the speakers
[10:55] {Threei}  [10:51] {Threei} ok, out last portion .76
[10:55] {Threei}  [10:51] {Threei} {JNPR} there... happy now? leave me alone now, you want just one thing from me
[10:55] {jfjf64} i never got in trade   what  bout  me
[10:55] {jfjf64} lol
[10:56] {dptl} wfc?
[10:56] {nemo} what about you jf?  You think this is about you?  Want to be the center of attention?  :) Too much caffeine...sorry
[10:56] {nemo} yea WFC had that higher low...bummer
[10:56] {dptl} .50?
[10:57] {Threei}  WFC was nice setup earlier... missed while talking back and forth with JNPR
[10:57] {magoo} arca ooffline
[10:57] {magoo} quote issues
[10:57] {Threei}  not sure here
[10:57] {nemo} oh shit and I don't have INET or Island
[10:57] {jfjf64} ahhhhh
[10:57] {dptl} earlier you mean .15-.30 range?
[10:58] {Threei}  yeah
[10:58] {dptl} ye i see it
[10:59] {dptl} gt?
[10:59] {nemo} nice support @ .20 after that brake through the Bollingers
[10:59] {dptl} gt?
[11:00] {Threei}  don't know
[11:00] {Threei}  kind of marginal play
[11:01] {dptl} ok
[11:04] {laserdave} all laser traders
[11:04] {laserdave} please use inet to place orders for now
[11:04] {laserdave} there are arca issues
[11:07] {dptl} pull back to .45-.50 wfc ...may be?
[11:07] {vint} CAT-  buy on this pull back?
[11:07] {Threei}  I'd really prefer .40
[11:07] {nemo} great, I guess no trading for me
[11:08] {Threei}  CAT... this thing is famous for hars pullbacks
[11:08] {Threei}  I'd feel safer with entry around 33
[11:08] {vint} got it thx
[11:11] {Threei}  G7 OFFICIAL: SEES NO REASON TO CHANGE COMMUNIQUE ON CURRENCIES; WILL SEND A MESSAGE REGARDING NEGATIVE ECONOMIC SITUATION; NOTING NOT ALL NEWS IS BAD
[11:11] {Threei}  - Remarks that there are no discussions on new topics at the moment
[11:18] {Threei}  CONNECTICUT TREASURER REITERATES CALL FOR CEO LEWIS' RESIGNATION
[11:18] {Threei}  NASDAQ is on the verge of break on daily
[11:18] {wulff} does seeing JNPR bother you now?
[11:19] {Threei}  QLD
[11:19] {Threei}  half lot long on pullback
[11:19] {Threei}  .72 , stop under .60
[11:19] {Threei}  no wulff
[11:19] {Threei}  I did OK on it
[11:19] {Threei}  I don't expect myself to buy exact bottom and sell exact top
[11:21] {Threei}  changing plan to aggressive entry QLD
[11:21] {Threei}  .66
[11:21] {Threei}  if holding above .60
[11:21] {Threei}  in
[11:22] {dptl} jeez got .68
[11:22] {wulff} .64
[11:22] {vint} in .65
[11:23] {dptl} lol worst one
[11:24] {Threei}  really... you should be ashamed of yourself
[11:24] {dptl} yeah blushing
[11:24] {Threei}  and wulff... don't sell to dp at .68 what you bought at .64 {G}
[11:24] {wulff} try not too
[11:26] {magoo} in btw
[11:26] {ese} ugh....vad how could you destroy your myth.....man I always thought that your bought the exact botom and sold the exact top.......ugggghhhhhh.......i'm destroyed
[11:27] {Threei}  sorry ese
[11:27] {Threei}  in fact I do
[11:27] {magoo} are we in aggress to catch breakout .80 +?
[11:27] {Threei}  I just don't tell anyone for tax purposes
[11:27] {Threei}  half out
[11:27] {ese} my life and trading is over.....what shall i ever do??
[11:27] {Threei}  .77
[11:27] {Threei}  scalpers are slapers
[11:27] {Threei}  scalpers
[11:27] {Threei}  sigh... I can't even type that twice in a row
[11:28] {ese} your an engineer.... a math guy....you type the numbers better
[11:28] {Threei}  not really... for that I'd have to know how to count
[11:29] {dptl} out .78 ty
[11:29] {Threei}  and I am good within fingers on one hand
[11:29] {magoo} OUT .85 boss
[11:29] {ese} uggghhhh once again.......my opinion of you as exalted trader is destroyed....ugghhhh
[11:29] {magoo} TY 
[11:29] {Threei}  out in full .85
[11:30] {nemo} Hey ese...get a grip!
[11:30] {vint} out .85
[11:30] {wulff} out .89
06[11:30] * magoo slaps wulff around a bit with a large trout
[11:30] {Threei}  cool beans
[11:30] {dptl} lol......ok even on exit still worst one
[11:30] {ese} i'm finished nemo....finished....
[11:30] {Threei}  you know what QLD is btw, right?
[11:31] {pita} good hunting - cu later
[11:31] {magoo} no clue
[11:31] {Threei}  lol mags
[11:31] {Threei}  take care pita
[11:31] {magoo} pita:)
[11:31] {Threei}  it's 2x NASDAQ 1000
[11:31] {dptl} i was afraid of this ??
[11:31] {Threei}  100
06[11:31] * nemo slaps ese around a bit with a large prescription of lithium
[11:31] {Threei}  see, told you I can't count
[11:31] {nemo} FAS
[11:31] {Threei}  so, the idea of the trade, briefly:
[11:31] {ese} ahhhhhh tks....i needed that
[11:31] {Threei}  I wanted to play NADAQ breakout,
[11:32] {Threei}  I didn't see particular stock to follow
[11:32] {Threei}  and didn't want to tie myself to whims of particular stock,
[11:32] {Threei}  and QQQQ is a bit too thick and immobile
[11:32] {nemo} bout time for WFC to take the elevator down
[11:32] {Threei}  so QLD is better fit
[11:32] {Threei}  now,
[11:32] {Threei}  look at it's intraday chart
[11:32] {Threei}  asit makes new highs,
[11:33] {Threei}  would you call ijt breakout stock or pullback stock?
[11:33] {nemo} break out on the JBE
[11:33] {Threei}  most of its movements were very effective off pullbacks
[11:33] {Threei}  breaks were so so
[11:33] {Threei}  so... as it touched .80, I waited for pullback
[11:34] {Threei}  .60 was the low of the range
[11:34] {Threei}  entry in .64-.68 range was as perfect preparation for breakout as it gets
[11:34] {Threei}  there... a little theory
[11:34] {Threei}  be back in 20
[11:35] {vint} was it a brakout from yesterday high?
[11:35] {vint} i mean QLD 
[11:35] {Threei}  yes vint
[11:35] {Threei}  WHITE HOUSE CHIEF OF STAFF EMANUEL: OBSERVING SIGNS OF STABILIZATION IN THE US ECONOMY; CONFIRMS BANKS TO BE NOTIFIED OF RESULTS TODAY
[11:35] {vint} thx
[11:35] {Threei}  [11:18] {Threei} NASDAQ is on the verge of break on daily
[11:35] {Threei}  and next line was QLD call
[11:36] {vint} got it..short memory span nowadays
[11:37] {nemo} Folks on LASER when you download the latest version Inet/Island has been changed to Nasdaq in the drop down routing menu
[11:38] {magoo} the whole room should short amzn..i gonna take it long soon
[11:38] {magoo} I CANT TAKE IT
[11:38] {magoo} that will halt it
[11:40] {magoo} wfc trying 21 vad..has not been over 21 in awhile
[11:40] {magoo} important level
[11:42] {magoo} in out .12
[11:43] {wulff} you know the hardest stops too keep are the ones that come in the first minute of purchase
[11:43] {magoo} 21-21.12
[11:43] {magoo} hey..thats a rush album
[11:43] {wulff} being that I ma sometimes of weak disposition
[11:43] {nemo} I was just going to say that
[11:43] {wulff} am
[11:43] {wulff} but acceptance is acceptance i guess
[11:43] {nemo} Yeah, Syrinx
[11:46] {nemo} wfc probably goes to .45 anyway
[11:47] {wulff} Pat my own back...but I bought a half lot of WFC at 20.10 on the pullback
[11:48] {nemo} you should cash out and go home for the day
[11:48] {magoo} careful
[11:48] {magoo} id offer .31
[11:48] {wulff} am home
[11:48] {wulff} problem is I want 30
[11:48] {nemo} figure of speech...go back to your den
[11:49] {vint} CAT for short? looking at daily..
[11:50] {wulff} chart looks like WFC
[11:59] {vinod} good afternoon to all
[11:59] {vinod} are we going to hit 9000 today?
[12:00] {dino} sure
[12:01] {vinod} look like you gus made a lot today as usuall
[12:02] {larisa} vinod, flattery will get you everywhere :)
[12:03] {vinod} someday i will be a real day trader?
[12:03] {nemo} anybody trouted vinod yet?
[12:04] {vinod} nemo please us for lunch at legal seafood my treat today
[12:05] {nemo} excuse me?
[12:05] {larisa} lol
[12:05] {nemo} I'm in Maine...which one anyway...Kendall Square?
[12:05] {nemo} or the one in the Pru?
[12:06] {vinod} in pru
06[12:06] * magoo slaps vinod around a bit with a large trout
[12:06] {nemo} hehehehehe
[12:07] {Threei}  back
[12:07] {magoo} u were out?
06[12:08] * Threei slaps magoo around a bit with a large quote: "[11:34] {Threei} be back in 20"
[12:10] {Threei}  remember we once started list of people in whome Obama has 100% considence?
[12:10] {Threei}  WHITE HOUSE CHIEF OF STAFF EMANUEL: OBAMA HAS '100% CONFIDENCE' IN FED CHAIRMAN BERNANKE
[12:10] {Threei}  - note: this is the first explicit statement of support for Bernanke from the Obama Administration
[12:11] {Threei}  US HOUSE REPRESENTATIVES REPORTEDLY SEEKING DOCUMENTS SURROUNDING BOA/MERRILL MERGER
[12:12] {Threei}  (US) HOUSE AND SENATE HAVE REPORTEDLY REACHED A TENTATIVE DEAL ON HEALTHCARE LEGISLATION
[12:12] {dino} it's a giant "he said, she said" political fiasco on everything
[12:12] {Threei}  NO KIDDING
[12:12] {Threei}  oops
[12:13] {Threei}  and... as much as I can appreciate the sheer scale of pressure Lewis must have felt himself under if Paulson and Co did what he says they did,
[12:13] {Threei}  if he caved in, he is as guilty as they are
[12:14] {nemo} yeah, not like he didn't have enough money for 10 retirements
[12:15] {dino} feels like high school all over
[12:16] {Threei}  yeah, and he had responsibility to much more than to paulson
[12:17] {Threei}  CHRYSLER MAY REACH AGREMENT WITH THE CAW SHORTLY - FOX BUSINESS
[12:17] {Threei}  wow... CAW ill give up $19/h?
[12:17] {Threei}  I find it hard to believe
[12:17] {nemo} you can buy a house in detroit for $10k
[12:18] {dptl} jnpr short?
[12:19] {Threei}  let's wait for bounce
[12:19] {Threei}  see where it tops
[12:19] {dptl} ok
[12:20] {Threei}  dropped a bit too sharp into 22
[12:20] {Threei}  can snapback easily'
[12:20] {Threei}  10K, sriously?
[12:20] {Threei}  not that I enetrtain moving
[12:20] {nemo} maybe less
[12:23] {Threei}  I don't think it would have view anywhere near mine though, woluld it?
[12:23] {Threei}  http://realitytrader.com/vad/h.jpg
[12:23] {nemo} No..you'd likely want to bullet proof the walls and put steel shudders on the windows
[12:24] {larisa} lol
[12:25] {wulff} ahhh home sweet home
[12:25] {nemo} Yep...it might be a cave, but it's MY CAVE
[12:29] {dptl} ,90 with 22 stop?
[12:30] {nemo} what dp?
[12:30] {nemo} BAC very strong
[12:30] {dptl} jnpr
[12:30] {nemo} ty
[12:30] {Threei}  not sure
[12:31] {Threei}  CHRYSLER TELLS DEALERS THERE IS NO PENDING BANKRUPTCY - WSJ
[12:31] {Threei}  - Note that on 4/23 the New York Times reported that the US Treasury is said to be preparing a bankruptcy filing for Chrysle
[12:31] {Threei}  GM
[12:31] {Threei}  REPORTEDLY TREASURY PROVIDES CO. WITH $2B IN WORKING CAPITAL
[12:32] {nemo} you thinking short dp?
[12:32] {Threei}  TREASURY ANNOUNCES AN ADDED $569M IN TARP REPAYMENTS FROM FOUR MORE FIRMS
[12:32] {vint} FAS apparantly doing well , given the upcoming stress test results..
[12:33] {Threei}  market went slow, boring and narrow
[12:33] {dptl} was thinking nemo yes
[12:33] {Threei}  much like magoo, only magoo is fat too
[12:33] {wulff} ouch
[12:34] {Threei}  I am not a fan of shorting such market
[12:34] {Threei}  capable of nasty surprizes
[12:34] {nemo} your proposed short or Vad's comment about Magoo's corpulence?
[12:36] {nemo} BAC broke out a bit
[12:36] {nemo} w/fas
[12:37] {vint} FAS was at day's high a moment ago
[12:38] {nemo} no volume again
[12:43] {Threei}  what does it tell us?
[12:43] {nemo} what does what tell us?
[12:43] {dptl} stay in coma
[12:44] {Threei}  sigh... never mind
[12:44] {nemo} FAS at new high or nominal volume?
[12:44] {vint} interestingly,FAS and FAZ almost in same price level
[12:44] {Threei}  yeah, they will eclipse soon again I'd assume
[12:46] {nemo} lack of volume...no commitment beyond money that's been playing all along?
[12:47] {vinod} most of the company lost money but Beats Forecast
[12:47] {Threei}  if it was locked in the same money turning over, we would have price locked in the range
[12:48] {Threei}  I think most of commentators citing lack of volume as a premise for this rally to fizzle out don't get it
[12:48] {Threei}  the only thing it tells us really is:
[12:48] {Threei}  the part of the rally we have seen so far is mostly smart money
[12:49] {Threei}  crowd hasn't joined yet
[12:49] {Threei}  when it does - that's when we are going to see major volume
[12:49] {Threei}  and that is going to take us into exhaustion climatic movement
[12:49] {Threei}  climactic
[12:50] {nemo} going green are you Vad?
[12:50] {wulff} fine by me. I can wait
[12:50] {Threei}  no, just can't type - but that's not news really
[12:51] {dino} capital being evacuated
[12:51] {dino} air space violation
[12:51] {nemo} thought it was your sub-conscious peeking through
[12:51] {Threei}  (US) WHITE HOUSE AND US CAPITOL EVACUATED DUE TO AIR SPACE VIOLATION - FOX BUSINESS NEWS
[12:51] {Threei}  - Pilot of aircraft not responding to attempts to contact him.
[12:51] {wulff} I listen to money show
[12:51] {nemo} cool
[12:51] {wulff} and I can't tell you how many
[12:52] {wulff} people say " am NOT putting any money in this market"
[12:52] {Threei}  well... market is going to climb until they give up and jump in :)
[12:52] {Threei}  what else is new, this is the way these moves have been occuring for ages
[12:53] {dino} not responding because doesn't understand english, (kidding)
[12:54] {wulff} they are just clueless to that
[12:54] {Threei}  Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.
[12:55] {wulff} isn't "disinclination" kind of a big word for you?
[12:55] {Threei}  (US) WHITE HOUSE AND US CAPITOL REOPENED FOLLOWING AIR SPACE VIOLATION - FOX NEWS
[12:55] {Threei}  not when I copy and paste wulff
[12:55] {Threei}  you have no idea how lenghty words I can copy/paste
[12:55] {wulff} Oh
[12:55] {wulff} funny man
[12:56] {nemo} yeah vicarious learning should be stricken from vocabulary
[12:58] {Threei}  eclipse
[12:58] {vint} right-- is it good or bad?
[13:00] {vint} i guess time will tell..:)
[13:02] {vinod} every one pass street test and got A grade. what next?
[13:02] {vinod} do we rally more?
[13:03] {wulff} I always stressed during tests
[13:04] {Threei}  I'd guess, initial spike, then selloff, vinod
[13:05] {ese} are the results o the stress test out yet
[13:05] {Threei}  no
[13:06] {Threei}  today is not the results themselves
[13:06] {ese} what time are they due out
[13:06] {Threei}  some details on tests
[13:06] {Threei}  2
[13:06] {ese} tks
[13:07] {vinod} lvad-Let you know when you unloaded F around 4.00 I brought them from you still holding
[13:07] {ese} what were the some of those details.....did you post vad....was on the phone
[13:07] {Threei}  not sure I undertaood vinod... but good trade
[13:08] {vinod} last wek if i remember you sold your F share
[13:08] {Threei}  were ese? it's not 2 yet :)
[13:09] {Threei}  yes vinod
[13:09] {ese} ohhhh  i  get it.....sorry ....thought some of the results were out
[13:09] {vinod} i got to check my note
[13:09] {vint} oh, they don't brief u in advance , vad?
[13:09] {vint} k, we will wait until 2
[13:10] {Threei}  if they did, I would be somwhere on Hawaiian beach long ago, enjoying waves and breeze and umbrella drinks with all my 9 wives
[13:11] {vint} wow, that is more risky than trading
[13:12] {Threei}  WFC... Iswear this thing goes for 22
[13:12] {wulff} fine by me
[13:14] {vint} vad- any read on CAT, it is in tight range on 5mt 
[13:16] {Threei}  nothing that I would see as a compelling trade vint
[13:17] {vint} k,thanks
[13:23] {magoo} [13:13] {&Threei}  WFC... Iswear this thing goes for 22
[13:23] {magoo} [13:13] {wu
[13:23] {magoo} i must coconcur
[13:23] {magoo} ..prob 23
[13:25] {magoo} AXP 27 imo
[13:26] {ese} hey everyone....enjoyed watching you....not doing much scalping last couple of days just siting on a couple of swing trades have a great weekend
[13:26] {Threei}  you too ese, and don't forget about that scanner please
[13:26] {ese} see ya vad
[13:27] {vint} have a good one , ese
[13:27] {nemo} wow, a pullback
[13:27] {dino}  u2 es
[13:27] {nemo} by ese
[13:27] {nemo} bye
[13:27] {nemo} buy
[13:27] {nemo} bi
[13:27] {fernp} bye ese
[13:27] {nemo} beye
[13:27] {nemo} bye
[13:27] {Threei}  finally
[13:28] {Threei}  janitors are getting angry nemo
[13:28] {nemo} wanted to get it right
[13:28] {Threei}  G7 DRAFT STATEMENT TO INDICATE THAT ECONOMIC GROWTH SHOULD RESUME RECOVERY IN LATE 2009
[13:28] {Threei}  that was painful to watch
[13:28] {Threei}  but relief when you did made it worth it
[13:29] {vint} they are going release methodlogy of stress test, so what is news there?
[13:29] {Threei}  no one knows vint
[13:29] {Threei}  it's all a big puzzle
[13:29] {vint} i thought they are releasing results
[13:30] {Threei}  no, that is assigned for March 4
[13:30] {Threei}  unless they changed their minds again
[13:30] {Threei}  sorry, May 4
[13:30] {vint} got it ,thanks
[13:30] {Threei}  assumption is, methodology will give clues to how test results will look
[13:31] {vinod} this is like waiting for new baby to arrive
[13:31] {Threei}  which of course is wide open to interpretations
[13:31] {Threei}  what just hap[p[ened?
[13:31] {nemo} ehhhh....maybe...pullback?
[13:31] {Threei}  outlook to stay weak; downside risks to growth remain.
[13:31] {Threei}  - G-7 committed to ensuring key financial istitutions are sound
[13:31] {Threei}  too sharp for simply pullback
[13:31] {nemo} prez must be speaking
[13:33] {Threei}  CHRYSLER'S LENDERS DISCUSSING SECOND OFFER WITH THE US TREASURY - WSJ
[13:34] {nemo} db on wfc?
[13:34] {Threei}  worth trying
[13:34] {Threei}  .10 support
[13:35] {magoo} not against futes imo
[13:35] {nemo} got a point mags
[13:37] {nemo} fas holding
[13:37] {Threei}  US REP FRANK: GOVT SHOULD ALLOW JPM AND GS REPAY TARP
[13:38] {Threei}  you don't say
[13:38] {vinod} someone leak test or what?
[13:39] {nemo} got volume spike on WFC two minutes ago
[13:47] {Threei}  Prez on TV
[13:47] {nemo} so the pullback was the tell
[13:53] {nemo} what if WFC loses 21?
[13:54] {Threei}  let's wait for those guidelines to be published, then try to gauge rteaction
[13:55] {nemo} these things have got to be marketing pieces
[14:00] {Threei}  *TREASURY STRESS TEST ASSUMPTIONS: BANKS TO BE TOLD TO HOLD BUFFER FOR LOSSES THROUGH 2011
[14:00] {dino} after 2011, told "go crazy"
[14:01] {Threei}  - Notes that banks own estimates are not in line with those of regulators
[14:01] {Threei}  - No details on how stress tests will be released
[14:01] {Threei}  - Banks asked to reaise capital should not be viewed as insolven
[14:02] {wulff} quite a spike in FAS
[14:03] {Threei}  eeck
[14:03] {Threei}  poor initial sellers
[14:03] {Threei}  or shorters
[14:03] {nemo} trade this
[14:04] {Threei}  [13:31] {Threei} which of course is wide open to interpretations
[14:04] {wulff} Look at its volume
[14:05] {Threei}  - Market turbulence has substantially reduced reserves; most banks have capital 'well in excess' of well capitalized levels
[14:05] {Threei}  - Focus on common equity does not imply a new capital standard; no figures provided{
[14:07] {nemo} http://www.bloomberg.com/apps/news?pid=20601087&sid=au8cyqeJFifg
[14:09] {magoo} AMZN starts to crack vad
[14:09] {Threei}  come on mags
[14:09] {Threei}  this is a mess
[14:09] {Threei}  why would tou want to jump into this sharp seesaw
[14:09] {nemo} looks like my last relationship
[14:10] {nemo} Vad, do you really have to ask?
[14:10] {magoo} why u picking on me? i have bothered u today
[14:10] {magoo} if IF mkts retreats, no way is AMZN staying up 5
[14:11] {Threei}  hmmm
[14:11] {nemo} I'm not picking on you...
[14:11] {Threei}  bexcause I enjoy it?
[14:11] {magoo} alrighty then..just so i understand lol:)
[14:11] {Threei}  yeah, just ask :)
[14:11] {magoo} 30 cents since i menbtioned
[14:12] {vinod} :O
[14:13] {nemo} wouldn't it be funny if finnies go negative
[14:13] {Threei}  CNBC'S LEISMAN: ASSUMPTIONS RELEASED LACK DETAILS BECAUSE GOVT MAY NOT WANT WALL STREET ANALYSTS TO RUN ESTIMATES BEFORE BANKS CAN RESPOND TO THE GOVT OVER THE STRESS TEST RESULTS
[14:13] {nemo} Or, they lack details because there are no tests  :)
[14:14] {Threei}  or, because no one understands what those results mean
[14:14] {vinod} so, what happen to test test buy-sell or hold bank stock
[14:14] {Threei}  stay on a sideline, wait for the inirtial emotions to calm down
[14:14] {Threei}  then look for new setups
[14:14] {Threei}  why would you want to gamble on what no one in whole world has no slightest idea about?
[14:15] {Threei}  this has nothing to do with trading
[14:15] {vinod} thanks to all I got to go to work
[14:15] {nemo} it's like playing 5 card black jack draw
[14:16] {magoo} have good weekend v
[14:16] {vint} bye vinod
[14:16] {nemo} cya vinod
[14:20] {nemo} quote server vad?
[14:22] {Threei}  8
[14:26] {Threei}  STU
[14:26] {Threei}  US PRESIDENT OBAMA SEEKING TO 'BATTLE' PRIVATE LOAN COMPANIES ON STUDENT LOAN PROGRAMS - BOSTON.COM
[14:26] {Threei}  - Reiterating that the private loan programs cost the US $5B/year{NNI SLM FMD}
[14:29] {wulff} FITB beak
[14:29] {wulff} break
[14:32] {Threei}  kind of in the middle of everything, wulff
[14:33] {Threei}  I don't see a play on it
[14:33] {wulff} .86 long
[14:34] {Threei}  WHITE HOUSE PRESS SEC GIBBS: EXPECTING SOME BANKS TO RELEASE STRESS TEST DATA
[14:34] {laserdave} are they going to realease it now?
[14:34] {Threei}  no one knows
[14:35] {Threei}  initially they said May 4
[14:35] {Threei}  - some banks will release own results while government will release some data as well{
[14:35] {nemo} looking at the finny reactions that announcement meant a whole lot of nothin'
[14:35] {Threei}  WHITE HOUSE PRESS SEC: ASSUMING AN ANNOUNCEMENT ON AUTOMAKERS NEXT WEEK; GOVT PLANNING FOR ALL CONTINGENCIES
[14:36] {Threei}  what an incredible mess
[14:36] {Threei}  my take:
[14:36] {Threei}  This is meaningless blather. Those are meaningless tests. Anyone can make anything out of this text, and test results themselves will be just as meaningless.
[14:36] {Threei}  There is some framework within which they constructed those tests and their interpretations. That framework is purely abstract and arbitrary - another set of people would construct it differently.
[14:36] {Threei}  It means that after initial hoopla dies down and dust settles, it all won't matter a bit. All those tests are colossal waste of time and effort and public focus.
[14:37] {nemo} [13:55] {nemo} these things have got to be marketing pieces
[14:39] {wulff} last chance
[14:39] {nemo} what wulff? fitb?
[14:39] {wulff} yes
[14:40] {nemo} looks good but you're due for a pullback here
[14:40] {wulff} whetever
[14:41] {nemo} Vad, what if Fitb holds up during this FAS pause?
[14:42] {nemo} you in Wulff?
[14:42] {Threei}  it's as valid play as any other financial
[14:42] {wulff} yes
[14:43] {Threei}  Pontiac to be weeded out but Buick stays?
[14:43] {wulff} huh-hum
[14:43] {nemo} stop wulff?
[14:44] {wulff} .80
[14:45] {wulff} FAS you dog
[14:45] {Threei}  so let's see
[14:45] {Threei}  all that selloff as if something groundshaking happpened
[14:45] {Threei}  and now market makes new highs?
[14:46] {Threei}  any chance you would get it right if you tried to trade those announcements?
[14:47] {vint} it was very tempting while watching long candles
[14:47] {vint} red and green candles-very confusing however
[14:48] {Threei}  14:05 - 14:13
[14:48] {Threei}  out of those red candles
[14:48] {Threei}  how would you determine which one to buy?
[14:49] {nemo} which stock?
[14:49] {Threei}  FAS
[14:49] {Threei}  selloff didn't run out of gas until reached ober 60 cents
[14:50] {Threei}  you could try entry at 8.2
[14:50] {Threei}  then at 8
[14:50] {nemo} wasn't major difference in volume at the bottom
[14:50] {Threei}  nope
[14:50] {Threei}  only 7.80 finally produced bottom,
[14:51] {Threei}  now
[14:51] {Threei}  what are the chances that having your fingres cut off on first two tries you would go for a third oneZ?
[14:51] {nemo} 0
[14:51] {vint} 0
[14:51] {Threei}  and even if tyou did,
[14:51] {Threei}  how long would you hold it?
[14:51] {nemo} I wouldn't have fingers to push the buttons
[14:51] {Threei}  7.80 in, 7.95 out?
[14:52] {Threei}  would it even cover losses of first two stops?
[14:52] {Threei}  that's how those tempting big red candles kill you
[14:52] {Threei}  entry is clear only in rear window
[14:53] {vint} this happens in opening also
[14:53] {vint} first few minutes
[14:54] {Threei}  that's why I sually skip them and wait for the opening range to establish itself
[14:54] {Threei}  then go for break of it
[14:54] {larisa} whats sually ?
[14:54] {vint} so announcement like this is like opening moments..crowd emotion
[14:54] {wulff} i.e. FITB
[14:54] {nemo} nice larisa
[14:55] {larisa} vadism :)
[14:55] {Threei}  larisa... "sually" is usually typed with my exceptional typing skills
[14:55] {larisa} i know
[14:55] {Threei}  and you, with multiyears of reading Threeish, should really know better
[14:56] {Threei}  eqzaktly vint
[14:56] {Threei}  it's a common phrase: trade big news events as opening
[14:57] {vint} how insightful! wish i knew it before..slow learner
[14:57] {Threei}  usually applied to FOMC rate decisions
[15:01] {wulff} you think FAS breaks high or low?
[15:01] {wulff} can't decide
[15:01] {Threei}  price configuration says high
[15:01] {Threei}  volume says wait a minute
[15:01] {Threei}  it's a toss
[15:02] {nemo} It's Friday
[15:02] {wulff} throw something
[15:02] {Threei}  I still have inclination toward high
[15:02] {Threei}  buit that's my general bias talking
[15:03] {Threei}  I've been bullish for what now, 3 weeks?
[15:03] {Threei}  and this last one everyone else was bearish
[15:03] {Threei}  I think I was the lone bull
[15:03] {Threei}  no cow in sight
[15:04] {dptl} lol
[15:04] {Threei}  remember those big red days
[15:04] {Threei}  when I was saying it's just a pullback before resumption?
[15:04] {Threei}  every single time that was what happened
[15:05] {Threei}  so, it's kind of hard for me to change out.,ook,
[15:05] {Threei}  as a trend following trader I stay with trend direction until it's proven to break
[15:05] {Threei}  so far it's not
[15:06] {vint} nyse advancing issues up 30% but volume dn 10% ..hope i'm reading correctly
[15:06] {vint} no clue..those are the reading from my screens
[15:07] {wulff} WFC approaching 22
[15:07] {Threei}  why wouldn't it... everyone is trying to short it
[15:08] {wulff} and why would they...the news is out months ago
[15:09] {Threei}  instinct... short anything that isd "too high"... buy anything that is "too low"
[15:09] {Threei}  get killed
[15:09] {Threei}  repeat
[15:09] {Threei}  get killed again
[15:09] {Threei}  repeat
[15:09] {Threei}  'cause if you don't, how I, trend following trader will make my living
[15:10] {vint} so high is not high or low is not real low until it is proven so
[15:12] {Threei}  IMF OFFICIAL: LATIN AMERICAN ECONOMIES REACHING BOTTOM
[15:12] {Threei}  unless they keep digging
[15:13] {Threei}  well, there is a difference between high and The high
[15:13] {Threei}  if stocks didn't make new highs, where would trends come from?
[15:13] {Threei}  and if they do, what business does one have shorting each new high?
[15:14] {magoo} btw..everyday laserdave asks me what i think..everyday for 6 weeks i reply "UP"
[15:14] {magoo} so u not alone..im the cow he he
[15:14] {Threei}  ummm
[15:14] {nemo} I thought you were the horse's...
[15:14] {Threei}  may I think of you as another bull?
[15:15] {vint} i thought we had only bulls bears and pigs
[15:15] {vint} cow, horse??
[15:15] {nemo} trans-bull vint
[15:15] {Threei}  we are broadening our limits
[15:16] {Threei}  and trying to be inclusive
[15:16] {vint} any set up to watch vad?
[15:16] {magoo} ravens
[15:16] {Threei}  this pullback on WFC into .50 was tempting...
[15:16] {Threei}  I hesitated
[15:17] {Threei}  too big chance to get hurt on these hectic moves
[15:17] {vint} even FAS seemd so to me
[15:17] {Threei}  a lot of repositioning happens ahead of weekend
[15:21] {Threei}  watch WFC for double bottom
[15:21] {magoo} see, this mkt will NOT let anyone in
[15:21] {magoo} STRONG
[15:22] {larisa} double top you mean ?
[15:22] {larisa} got confused 
[15:22] {Threei}  no, double bottom at .50
[15:23] {larisa} k
[15:23] {magoo} watching BAC too
[15:23] {Raven} {}
[15:23] {magoo} R
[15:23] {magoo} A
[15:23] {magoo} V
[15:23] {magoo} E
[15:23] {magoo} N
[15:24] {Raven} I'm always watching you magoo
[15:24] {Raven} except when I am slacking
[15:25] {magoo} :)
[15:25] {magoo} so u saw that eh? 
[15:25] {Raven} I see all
[15:25] {Threei}  uh oh
[15:25] {Raven} degenerates
[15:27] {Threei}  larisa
[15:27] {nemo} wulff, still in fitb
[15:27] {Threei}  raven calling me names
[15:27] {wulff} no
[15:27] {Threei}  {Raven} actually... I am calling degenerates names
[15:27] {wulff} got bored with it
[15:28] {Threei}  prfitably bored?
[15:28] {Raven} prfitably ... sigh'
[15:29] {Threei}  hey... magoo's typing is even worse
[15:29] {wulff} if you call .04 profit
[15:29] {Threei}  depends on shares...
[15:29] {magoo} hery..ive breen taking clases
[15:29] {Raven} but I expect it from magoo
[15:29] {Threei}  10K little bugers as ese says...
[15:29] {wulff} I am no ese
[15:32] {Threei}  LVS
[15:32] {Threei}  .35 for a scalp
[15:32] {Threei}  if stays above .30
[15:33] {dptl} in
[15:33] {nemo} in
[15:34] {Threei}  WFC almost 22
[15:35] {Threei}  3 cets shy
[15:36] {nemo} stopped
[15:37] {dptl} stopped
[15:37] {vint} stopped
[15:37] {Threei}  G24 TO REPORTEDLY EVALUATE CHINESE PROPOSAL ON SDR (SPECIAL DRAWING RIGHTS)
[15:41] {dptl} lvs one more try?
[15:42] {Threei}  .30 break was it if you wanted ity
[15:42] {Threei}  with stop under .25
[15:42] {dptl} i see
[15:42] {magoo} in
[15:43] {nemo} in what mags?
[15:43] {magoo} lvs
[15:47] {dptl} same set up again?
[15:48] {magoo} out .34 ty
[15:51] {Threei}  wow
[15:51] {nemo} fas
[15:51] {Threei}  and WFC
[15:51] {nemo} wfc
[15:51] {nemo} friday profit taking
[15:53] {dptl} oh well...ok have good weekend all 
[15:54] {nemo} u2
[15:54] {Threei}  take care dp
[15:55] {Threei}  sheesh
[15:56] {Threei}  wat an amazing volatility
[15:56] {magoo} yea
[15:56] {magoo} so predictable
[15:56] {Threei}  almost dollar down
[15:56] {Threei}  predicatable?
[15:56] {magoo} thesell off
[15:56] {Threei}  have you shorted WFC near 22?
[15:56] {magoo} no
[15:56] {Threei}  or FAS near 8.80?
[15:56] {Threei}  then don't tell me it ws predictable :)
[15:57] {jfjf64} lol
[15:57] {Threei}  okay guys
[15:57] {magoo} i was saying it to dino..watch out we could crash{is all i meant} like yesterday
[15:57] {magoo} or wed
[15:58] {Threei}  whatever... to me, predictable is tradeable
[15:58] {Threei}  if it's not actionable information, it's meaningless
[15:58] {magoo} i know , u win
[15:58] {Threei}  I do?
[15:58] {Threei}  wait
[15:58] {Threei}  wrong intonation
[15:58] {Threei}  I do!
[15:58] {Threei}  okay folks, thank you all
[15:58] {Threei}  not bad day for a Friday,
[15:59] {Threei}  and all those news pieces
[15:59] {vint} thanks, vad
[15:59] {Threei}  ruining the chart
[15:59] {wulff} this bounce is so predictable
[15:59] {larisa} see you later :)
[15:59] {magoo} TY BOSS
[15:59] {Threei}  hehe wulff
[15:59] {jfjf64} ty
[15:59] {magoo} have good weekend
[15:59] {Threei}  have a great weekend
[15:59] {dino} holding blud and nflx over
[15:59] {Threei}  see you all on Monday
[15:59] {fernp} ty Vad. have a good weekend all
[15:59] {wulff} bye all
[16:00] {magoo} ty everyone