Tuesday, June 2, 2009

Jun 02 2009

Four or five calls, depending on how you count - and all of them worked. No complaints here.

Session Time: Tue Jun 02 00:00:00 2009

[08:21] {vinod} good moring to all
[08:21] {nemo} vino :)
[08:22] {vinod} I have whole day to spend here  will have fun
[08:22] {nemo} you quit work? :)
[08:24] {vinod} No, i am working with IBM warranty people to replaced some pars
[08:24] {Threei}  Good morning guys
[08:26] {vinod} :)
[08:37] {fernp} good morning
[08:39] {Threei}  fern :)
[08:40] {Threei}  wow... red futures
[08:40] {Threei}  not an often sight lately
[08:42] {nemo} spy an Qs been dropping since 8:00
[08:42] {nemo} Larisa :)
[08:42] {larisa} good morning :)
[08:42] {Threei}  larisa :)
[08:48] {nemo} anything on the radar Vad?
[08:49] {Threei}  watch WFC for steep selloff, then sizeable bounce
06[08:49] * nemo slaps magoo around a bit with a large trout
[08:50] {magoo} morning
[08:50] {Threei}  magoo :)
[08:50] {magoo} vad
[08:50] {magoo} u playing wfc here?
[08:50] {dptl} good morning all
[08:50] {Threei}  no
[08:50] {Threei}  dp :)
[08:50] {Threei}  it tends to do that after the open
[08:50] {Threei}  just like STT used to
[08:50] {magoo} i left early, how did mkt finish?
[08:51] {Threei}  uneventfully
[08:51] {Threei}  how's your ankle?
[08:51] {magoo} so no big selloff?
[08:51] {Threei}  no
[08:52] {magoo} ty
[08:58] {Threei}  (RU) Russian Dept Fin Min: Reiterates that BRIC leaders will discuss regional reserve currency issues at June 16th summit; Russia does not plan to alter the currency structure for oil funds
[09:06] {Threei}  BAC To Comfortably Exceed Capital Target
[09:06] {Threei}  - Has raised almost $33B towards the $33.9B capital buffer identified by the Federal Reserve'
[09:07] {cosmo} raised?
[09:07] {Threei}  MS Pricing 80.2M common stock offering at $27.44/shr ($29.89 last)
[09:08] {Threei}  RMBS US PTO rejects patent claims Rambus is asserting against NVIDIA
[09:13] {ese} gm
[09:14] {Threei}  ese :)
[09:14] {nemo} ese
[09:15] {ese} hey nemo
[09:16] {dino} gm all
[09:16] {Threei}  dino :)
[09:17] {nemo} dino :)
[09:18] {dino} rmbs up on that?
[09:18] {Threei}  and NVDA too, lol
[09:23] {chinggis} gm all
[09:25] {Threei}  chinggis :)
[09:25] {jfjf64} mornin
[09:25] {Threei}  jf :)
[09:32] {Threei}  BAC Deutsche Bank comments on recent banking capital raises; sees negative implications for BAC (timing uncertain
[09:33] {nemo} love all these "timing uncertain" that are showing up on analyst price or direction calls
[09:33] {Threei}  watching GG for entry on pullback under 37
[09:33] {Threei}  dive under 37, new strength, entry with stop under .80
[09:34] {Threei}  37 recross if holding .90
[09:34] {Threei}  stop fro scalpers under .90, for day traders under .80
[09:34] {magoo} missed
[09:34] {nemo} me too
[09:35] {dino} ddup gets in bidding war and is up 4+ pts
[09:35] {Threei}  anyone got it, half out here
[09:35] {Threei}  WFC, selloff become interesting
[09:36] {Threei}  .60 break long
[09:36] {Threei}  if holding .50
[09:36] {Threei}  full out GG
[09:37] {jfjf64} ty
[09:37] {Threei}  welcome jf
[09:38] {jfjf64} wfc
[09:39] {Threei}  SQNM, we intended to watch it today for a break
[09:39] {Threei}  need some pullback for entry
[09:40] {jfjf64} wfc ty
[09:42] {jfjf64} out too soon ouch
[09:43] {nemo} nice jf, went in even after it broke support
[09:43] {wulff} +.27 WFC
[09:43] {Threei}  DRYS
[09:43] {Threei}  pullback into .10 - .15 area long
[09:44] {dino} cah
[09:44] {ese} id be up for that
[09:44] {Threei}  tom, you still have FEED?
[09:44] {dino} par, cvlt, layn
[09:44] {tomg} sold it vad, 7.25
[09:44] {Threei}  wtg
[09:44] {tomg} ty 
[09:45] {tomg} and ty for the help on it
[09:45] {Threei}  welcome sir
[09:45] {Threei}  DRYS
[09:46] {Threei}  first strength
[09:47] {pita} greetings
[09:47] {Threei}  pita :)
[09:47] {Threei}  in .11
[09:47] {pita} in what?
[09:47] {Threei}  stop under .05
[09:48] {Threei}  DRYS
[09:48] {pita} ty
[09:48] {Threei}  SQNM is pulling back
[09:49] {Threei}  no clear entry yet
[09:52] {Threei} Long Setup:  SQNM  .60 break
[09:52] {ese} L intc .23
[09:52] {Threei}  DRYS half out
[09:52] {Threei}  scalpers take profit
[09:52] {jfjf64} ty
[09:52] {fernp} ty Vad Im out
[09:52] {Threei}  welcome guys
[09:54] {dino} sm s par .74
[09:55] {Threei}  1/4 more out DRYS
[09:55] {Threei}  stop .09 for the last portion
[09:58] {ese} if i'm in...out intc .36 +13 15k worth
[09:58] {Threei}  good one
[09:58] {Threei}  caught my DRYS entry?
[09:58] {nemo} done for the day ese?
[09:59] {ese} close
[09:59] {ese} was not scarry....have seen that pattern in intc a zillion times lately
[10:00] {ese} it follows the qqqq to a tee
[10:00] {Threei}  *APRIL PENDING HOME SALES (M/M): 6.7% V 0.5%E
[10:00] {Threei}  what?
[10:00] {nemo} GO LONG!!!!!
[10:00] {dino} gj es
[10:00] {nemo} might have a 1000 point day today
[10:01] {ese} thanks was in and out again .41 to .50 +.09 15k
[10:02] {dino} keep doing that voodoo that you do
[10:02] {dino} cah sm l .75
[10:02] {ese} am  buying vad an expensive wine to celebrate....have to make some money
[10:03] {dino} lol, just bring moonshine
[10:04] {nemo} dino, ese, ever listen to Warren Haynes' "Soulshine?"
[10:04] {dino} nope
[10:04] {Threei}  6.7% is best m/m reading since Oct 2001
[10:04] {ese} nope
[10:04] {Threei}  Dow Jones Industrial Average moves into positive territory for year
[10:04] {Threei}  - Above its 200-day mvg avg of 8751
[10:05] {ese} long intc pullback .41
[10:05] {ese} ahhh looks like most of it .42
[10:06] {Threei}  DRYS stop to .15 for the last piece
[10:06] {ese} stop .34
[10:11] {wulff} WFC has .90 resistance to cross
[10:12] {ese} out intc ..35 -.06 
[10:13] {ese} 8k
[10:13] {ese} hmmmmm
[10:13] {nemo} watsa matta u
[10:14] {nemo} somebody must have read the fine print on the home sales data
[10:14] {dino} out cah .20, +.45
[10:14] {ese} plan is working......take less shs as you go along and stick to stops
[10:14] {nemo} yes, noticed that in your modus operandi
[10:14] {dino} protect your gains is good
[10:15] {Threei}  done with DRYS
[10:15] {dino} hate to do it, but.... dieeeeeeeeeeeeeeeee par
[10:15] {ese} yup wait for another oportunity
[10:15] {Threei}  told ya something was wrong with CTIC
[10:16] {Threei}  FEED on the other hand...
[10:16] {Threei}  CME Price Target raised to $375 from $275 at CS
[10:19] {dino} fwiw fri gaps 8500, 1435, 919
[10:19] {ese} for those of you that can afford say......ummmmmm10000shs   ehhhhh CME
[10:20] {ese} an easy 1 mil
[10:20] {dino} you do it?
[10:21] {Threei}  larisa could easily do that off her VNDA proceeds
[10:21] {larisa} ese, once you experience being on wrong side of the market with that number of shares, your spirit will be broken forever :)
[10:22] {dino} wow, forever is a long time, longer than i can recall; :)
[10:22] {larisa} lol
[10:23] {Threei}  ah come on... take your stop, inhale a shot of vodka, go back to trading
[10:23] {ese} have experienc ed a big one but not that one......not sure that id wish that on my worst enemy
[10:23] {dino} as long as stop is followed, i agree 3i
[10:23] {nemo} only 1 shot? :(
[10:24] {dino} most i lost in day was an overnight about 5 years ago, -15k
[10:24] {_traderw} test
[10:24] {Threei}  passed
[10:24] {_traderw} :)
[10:25] {Threei}  A+ too
06[10:25] * magoo slaps laserdave around a bit with a large trout
06[10:25] * nemo slaps _traderw around a bit with a large passing grade
[10:25] {Threei}  lol
[10:25] {dino} welcome to our jungle traderw
[10:25] {nemo} asylum dino
[10:25] {_traderw} lets see if I got what it takes :)
[10:25] {_traderw} thanks btw
[10:25] {Threei}  prepare to be slapped relentlessly... for we are cruel bunch
[10:26] {ese} welcome trader
[10:26] {_traderw} glad to hear it
[10:26] {nemo} I have trouble typing with my elbows with these really long sleeves tie behind my back
[10:26] {_traderw} lol
[10:26] {Threei}  but you did well learning to drink holding the glass between your teeth
[10:26] {ese} don't take that 10000 shs of CME seriously ........i was just kidding
[10:27] {larisa} lo, ese
[10:27] {larisa} +l
[10:27] {Threei}  what??
[10:27] {Threei}  what do I do with my 10K CME now??
[10:28] {ese} ha ha .....ha ha
[10:29] {ese} i do however trader.....follow vad blindly.....but thats mostly because of vodka
[10:31] {ese} L intc .25 by the way
[10:31] {_traderw} is blindly following an option ?
[10:32] {ese} indeed
[10:32] {Threei}  bad one, but it's an option
[10:32] {_traderw} good :)
[10:32] {Threei}  lol
[10:32] {_traderw} its a start
[10:33] {Threei}  most of our dialogs are right out of asylum, I swear
[10:33] {Threei}  especially when ese, magoo and nemo are leading figures
[10:33] {ese} hey!!!! i represent that remark
[10:34] {_traderw} no problem I am completely normal and balanced, that's why  try to tade
[10:34] {dino} options on 3i, hmmm what exp. date
[10:34] {Threei}  hopefully you will represent an addition to sane part of the room
[10:34] {Threei}  like larisa, patience, me
[10:34] {Threei}  and Alert
[10:35] {Threei}  cosmo would be sane too if he believed in gravity
[10:35] {patience} ty vaddy   :)
[10:36] {nemo} Raven is pretty sane...basically abstains...observing from afar
[10:36] {Threei}  ENER CEO: Remain guarded regarding the remainder of year 2009's outlook (17.26, 0.02, 0.12%)
[10:36] {Raven} thx :)
[10:37] {larisa} I am not sane, I just do not drink
[10:37] {Raven} I'm sorry Larisa
[10:37] {nemo} Anybody who likes Poe has to be sane :)?
[10:37] {Raven} Neverenough
[10:38] {nemo} Ever read Goethe's the elfking Raven?
[10:38] {Threei}  GM Reportedly offering Dealerships approx $100K-$1M to shut down; Dealers must make decision by mid June
[10:39] {Raven} nope
[10:39] {nemo} right up Poe's alley
[10:39] {dino} ]wow larisa, and i pictured you like the st paulie gal
[10:40] {Raven} I see
[10:40] {nemo} rhymes better in German, but still good in English
[10:40] {Raven} {-------- does not do German
[10:40] {nemo} that's fine, just info
[10:41] {Raven} OK ... duly recorded
[10:42] {Raven} Raining here ... has screwed up my morning hike ... annoying
[10:43] {dino} here too raven cut mine short
[10:43] {dino} cyou pop
[10:44] {Threei}  you east coast guys
[10:44] {Threei}  too much misery, really
[10:44] {nemo} huh?
[10:44] {nemo} saying it's raining is misery?
[10:44] {Threei}  we have a blissful summer here
[10:44] {Raven} yes ... a way of life 
[10:45] {Raven} and Thursday I leave for northern Minnesota and North Dakota ... am I nuts?
[10:45] {dino} perhaps
[10:45] {Raven} sigh
[10:45] {Threei}  see... and nemo called you sane
[10:46] {Raven} careful
[10:46] {dino} sohu
[10:46] {nemo} relative of course
[10:46] {dino} gap around 63.20
[10:46] {Raven} I am not a relative
[10:46] {Threei}  SQNM held by fingertips
[10:47] {nemo} I thought support was @ .53?
[10:48] {Threei}  wierd place for a support
[10:49] {nemo} goes back to 9:49
[10:49] {Threei}  this is the way to place stops only if you go for scalp type 1
[10:50] {nemo} touched again 10:04 and 10:05, 10:06 and then dropped
[10:50] {Threei}  my point is:
[10:50] {Threei}  I would never place stop at such price as .53 or .52 unless I go for scalp type I
[10:51] {Threei}  under .50, sure
[10:51] {Threei}  under .53? shrug
[10:51] {nemo} I had it @ .51
[10:51] {Threei}  even wierder
[10:51] {nemo} 2 cents under support?
[10:51] {Threei}  1 cent above natural round number support?
[10:53] {nemo} I've been experiencing slippage under "natural" support often lately, so by the time I've gotten out has been a bit expensive
[10:54] {nemo} Would the next logical support below have ben around 3.44?
[10:54] {nemo} ben=ben
[10:54] {Threei}  yes
[10:54] {Threei}  1:1 SQNM
[10:55] {Threei}  and little C&H on intraday
[10:55] {Threei}  half out
[11:06] {dino} neog
[11:13] {dino} par bstop to .45
[11:15] {dino} cov par .44, +.30
[11:15] {dino} cah interesting again
[11:16] {dino} off of .50 sm l
[11:17] {dino} neog getting wide, thin one
[11:18] {ese} just goes to to show how the  financial media know "d^^k".    I must have read at least 3 articles late lst night that talked about how volitile the DOW would be today because of CSCO replacing GM and somebody esle replacing C citi group.......man oh man....trade opposite of what they say should be the norm
[11:18] {Threei}  hehe
[11:18] {Threei}  they do way better whe they write explanations to what happened at the end of the day
[11:19] {ese} indeed
[11:21] {ese} oh oh Vad....just noticed ....getting a warning that my intelliscan account expires in one day...where do i go to renew
[11:21] {ese} your website
[11:21] {magoo} u cant lol
[11:21] {ese} huh
[11:21] {nemo} why are you listening to magoo?
[11:21] {Threei}  let me look
[11:22] {ese} i don't even think i know what my passwords are
[11:22] {Threei}  can you dcc me the username?
[11:22] {Threei}  it's right on the little window with green bars
[11:22] {Threei}  says
[11:22] {Threei}  Connecte as
[11:23] {Threei}  look again
[11:24] {Threei}  at the warning I mean
[11:24] {ese} have dcc ya
[11:24] {Threei}  I got it...
[11:24] {Threei}  look at that warning again
[11:24] {Threei}  has it changed?
[11:25] {ese} ahhhhh thanks.....396 days to go
[11:25] {Threei}  :)
[11:25] {nemo} what's your stop Dino on cah?
[11:26] {ese} added some more intc , avg position now .28
[11:28] {Threei}  how did I miss COMS
[11:28] {nemo} coma?
[11:29] {dino} .15 nemo
[11:29] {jfjf64} ohh boy
[11:29] {dino} neog feels like one more pop, and then drop
[11:30] {dino} my gut still says this is the white horse day, and on its back rides death
[11:31] {nemo} I thought death came on a black steed?
[11:31] {dino} tombstone, wasn't it a white horse
[11:31] {nemo} pale horse, yeah
[11:32] {nemo} sorry
[11:32] {nemo} my spanish sucks
[11:32] {magoo} pale horse 
[11:32] {dino} lol
[11:32] {nemo} Weisse Pferd
[11:32] {dino} look at dji drop
[11:42] {magoo} vad,u watching rimm aapl for trade?
[11:42] {Threei}  not really
[11:43] {dino} missing entries, neog was waiting s .90, xnpt was waiting s .60 ugh
[11:43] {dino} cx and re-think
[11:43] {nemo} Geez dino...focus...let me do the daydreaming
[11:43] {dino} sorry bro, i'll try harder
[11:44] {dino} still have cah?
[11:44] {nemo} no, when it broke .30
[11:44] {dino} ok
[11:44] {dino} i do
[11:44] {nemo} Yes from .15
[11:44] {dino} size nemo?
[11:44] {nemo} what size?
[11:44] {dino} y
[11:45] {nemo} 300
[11:45] {dino} ok, you were in at .15?
[11:45] {nemo} no, your stop was .15
[11:45] {nemo} I got in with you @50 stopped at .30
[11:45] {dino} ok, no i see, in at .50,my stop .15. with 300 why so tight?
[11:46] {dino} now
[11:46] {nemo} had that long support of 4o minutes an then broke it.  
[11:46] {dino} ok, valid, i am simply 1:1 for stops
[11:47] {dino} thing is dead tho, won't move
[11:47] {nemo} yeah, that blip up matched spy
[11:48] {dino} watching bwld, close to lod, with a gap from yesterday open at 35.50ish
[11:48] {nemo} volume spikes are not moving the price
[11:49] {dino} neog taunting me again
[11:49] {ese} hmmmmm you may be right dino....market seems to be slowly creeping down despite the good housing new
[11:50] {ese} news
[11:50] {dino} sm risky s neog .80
[11:50] {dino} bstop .15
[11:51] {nemo} good on ya' cah, stop was too tight
[11:52] {Threei}  RIMM maybe shaping up for bounce magoo
[11:52] {dino} not enough yet
[11:52] {magoo} where u thinkin
[11:52] {Threei}  .10 break if holding above 82
[11:52] {Threei}  stop is tight enough for fair try
[11:52] {magoo} in .12
[11:52] {dino} .85-.95 area
[11:53] {Threei}  NSANY Reports May US sales -33%
[11:53] {Threei}  1:1 RIMM
[11:53] {magoo} AAPL too
[11:53] {Threei}  half out .26
[11:54] {Threei}  DAI.GE Reports Mercedes Car division May US Sales 16,303; -33.4% y/y; vs 15,910 m/m
[11:54] {Threei}  - Smart USA units 1,169 v 2,695 y/y
[11:54] {Threei}  - Mercedes 15,134 v 21,785 y/y
[11:54] {Threei}  Smart sells in USA?
[11:55] {Threei}  out 1/4 more RIMM .32
[11:55] {dino} that little car, i've seen it on roads
[11:55] {dino} like a golf cart
[11:55] {Threei}  it sells in Canada for a while... I thought not in US
[11:56] {nemo} I've seen some around Boston
[11:56] {nemo} You don't have to buy a coffin.  They squash to fit in a standard sized grave.
[11:56] {Threei}  fairly popular in BC... prairie winter, it's not as Smart under 5ft of snow, lol
[11:57] {nemo} As long as it stays cold enough, the remains will be preserved
[11:57] {Threei}  Prez on TV
[11:57] {dino} roflol
[11:57] {nemo} He reimbursing us for taking his wife on a "date" to NY
[11:58] {dino} solves the heathcare crises, maybe thats the idea
[11:58] {dino} how much does air force 1 + security cost?
[11:58] {nemo} He flew up in a Gulfstream
[11:59] {nemo} with two other jets following him
[11:59] {dino} cheaper to call spitzer's gal
[11:59] {nemo} entourage
[11:59] {Threei}  last portion stopped breakeven RIMM
[11:59] {dino} heck, monica would just drop by
[11:59] {nemo} that's not all she drops
[11:59] {nemo} or drips
[12:01] {pita} janitor?
[12:01] {Threei}  he is getting angry
[12:01] {nemo} why? because he's not so witty :)?
06[12:01] * nemo slaps nemo around a bit with a large ball gag
[12:01] {Threei}  because his union pay is gone
[12:02] {pita} Monica is fair game
[12:02] {Threei}  F Reports May vehicle sales -24.2% v -33%e (unadjusted)
[12:02] {Threei}  - Stronger sales have reduced inventories, requireing increased production levels
[12:03] {pita} drys here Vad?
[12:03] {nemo} Dino, looks like you might have a head and shoulders going there on CAH, stop tighten?
[12:04] {ese} dino ....right on you were trading the rumor...CAH Raising dividend 25% to $0.175 from $0.14 prior
[12:04] {Threei}  nah pita
[12:04] {Threei}  just not compelling
[12:04] {dino} yes to .24
[12:05] {ese} sorry did i get that wrong it was pita and not dino
[12:05] {nemo} ese, was it CAH?
[12:05] {dino} came out before mkt opened nemo
[12:05] {ese} i thought so......i got cut off a while back and so don
[12:05] {ese} t have all the converszation
[12:06] {dino} you drink too much then if cutting you off
[12:06] {dino} nemo, es xnpt thoughts
[12:06] {ese} part of summer drinking plan....what can i say
[12:07] {ese} i wouldn't go for it ....i would wait for pullback
[12:07] {ese} does look one of those ones that will just keep going though
[12:08] {dino} want to short it
[12:08] {nemo} why did it jump?
[12:08] {ese} ahhhhhh.......someone else will have give there 2 bits dino.....i'm still a rookie when it comes to shorting
[12:09] {nemo} from yesterday
[12:09] {nemo} heartburn medicine in trials
[12:10] {ese} market seems to be picking up a bit of momentum though dino....be careful
[12:10] {ese} my indeses are now all green
[12:10] {ese} indexes
[12:10] {nemo} volumes are weakening on xnpt, but it is lunch
[12:11] {nemo} next time through .60
[12:12] {nemo} there you go
[12:12] {nemo} probably test resistance at .40
[12:14] {nemo} sorry, support
[12:15] {dino} cah stopped
[12:15] {nemo} out cah Dino
[12:15] {nemo} duh
[12:16] {magoo} long aapl .10 small
[12:16] {magoo} stop .94
[12:18] {ese} xnpt ....nice instinct dino....whether you were in or not
[12:25] {dino} missed it
[12:28] {ese} ya...but it was a good insinct non the less
[12:28] {dino} went to .75 and phone rings, thing hits .72 no fill
[12:29] {magoo} out aapl
[12:35] {Threei}  yawn
[12:36] {Threei}  I am not complaining about today, mind you
[12:36] {Threei}  lately we had two-three trades before activity died down,
[12:36] {Threei}  today we had what, 5-6?
[12:37] {nemo} wfc invalimudated, though JF took it
[12:37] {nemo} GG
[12:37] {nemo} RIMM quasi-call
[12:37] {nemo} DRYS
[12:37] {jfjf64} drys
[12:37] {Threei}  WFC was one that went dicretionary, yeah
[12:37] {Threei}  lost support but not by much
[12:37] {Threei}  so became kind of,
[12:38] {Threei}  you likey - you takie
[12:38] {Threei}  SQNM
[12:38] {nemo} yeah, so four
[12:38] {Threei}  RIMM
[12:38] {nemo} got that already, but that was discretionary
[12:39] {Threei}  why?
[12:39] {Threei}  it haven't viloated support before triggering
[12:39] {nemo} you were talking to magoo...anything with magoo is discretionary
[12:39] {Threei}  lol
[12:39] {jfjf64} gg   drys   sqnm  rimm     wfc
[12:40] {nemo} 3 calls  1 discretionary 1 magoo
[12:40] {Threei}  I suggest to rename him
[12:40] {Threei}  into magoodis
[12:40] {nemo} putz?
[12:40] {Threei}  has this greek sound about it
[12:40] {nemo} or lithuanian
[12:40] {Threei}  or that
[12:41] {dino} neog tighten bstop to .02
[12:41] {nemo} missed that Dino, you short neog?
[12:41] {dino} y .80
[12:42] {dino} not moving
[12:43] {jfjf64} gotta run my friends    later    ty vad
[12:43] {nemo} P&Q
[12:43] {dino} cya jf
[12:45] {Threei}  take care jf
[12:51] {Threei}  7261.JP Reports May US Sales 16,718; -40.1% y/y; vs 16,139 m/m
[12:51] {Threei}  that's Mazda
[12:52] {dino} sm cah l .00
[12:52] {nemo} stop
[12:52] {nemo} ?
[12:55] {dino} .73
[13:01] {ese} Gota go everyone....still long intc.....we'll see what happens at the end of the day
[13:01] {dino} gl and cya
[13:01] {fernp} bye ese
[13:01] {Threei}  take care ese
[13:01] {dino} .22 wall nemo, thoughts
[13:02] {dino} stop to .22
[13:03] {dino} out .22, +.22 cah
[13:03] {nemo} nj
[13:03] {dino} ty, maybe size up around .00 and out sooner
[13:03] {larisa} nj is it better than gj ?
[13:04] {nemo} nice job
[13:04] {larisa} I know, just curious :)
[13:04] {nemo} I can think of other jobs that are better though
06[13:04] * larisa slaps nemo around a bit with a large trout
[13:04] {nemo} what's that for?
[13:05] {nemo} Oh...now I know what you were thinking
[13:08] {dino} vad, squish that neog into the dirt please
[13:08] {Threei}  where do you want it?
[13:08] {dino} to 23.02
[13:09] {Threei}  okay, lemme try
[13:10] {dino} ty
[13:23] {dino} neog bstop to .82, thing won't move
[13:23] {dino} if lord vader can't sink it selling 1,000,000 shares nothing can
[13:23] {nemo} lotta' help Vad was...:(
06[13:24] * Threei slaps nemo around a bit with a large request to be patient
[13:24] {nemo} as if on queue
[13:26] {dino} sometimes i think vad's on that pale horse
[13:28] {Threei}  I try to stay away from those... tend to fall asleep which is not really good equestrian practice
[13:28] {dino} lol
[13:29] {nemo} as long as you land on your head Vad you'll be fine
[13:32] {Threei}  abuse I take...
[13:32] {nemo} you attract sadists like yourself
[13:32] {Threei}  I am not a sadist... I just enjoy inflicting pain
[13:33] {nemo} Ahhhh....o.k......mmmmmhhhhh...nevermind
[13:33] {nemo} speaking of masochism, frickin' neog
[13:38] {dino} sm l osip .00
[13:39] {dino} hard stop in on neog, let it trade
[13:39] {dino} qsii sm l .30
[13:41] {Threei}  MSFT Windows 7 to be available Oct 22
[13:47] {Threei}  GMGMQ Reports May vehicle sales 191,875 -29.6% v -41%e (unadjusted) (0.57, -0.18, -23.85%)
[13:50] {chinggis} heb
[13:51] {Threei}  TM Reports May US Sales 152,600; -38.4% y/y and v 126.5K in April (81.17, -0.55, -0.67%)
[13:51] {Threei}  let me get this straight
[13:51] {Threei}  GM outsold Toyota in May?
[13:52] {Threei}  with its inferior line-up, lack of green cars and under bakruptsy threat?
[13:53] {dino} seems so
[13:53] {Threei}  if this is not the proof that our powers that be either got it all wrong
[13:53] {Threei}  or fabricated whole line of arguments
[13:53] {dino} i think they usually do vad
[13:53] {Threei}  in order for it to fit their agenda
[14:07] {dino} qsii stop to .59
[14:07] {dino} 3i you still stepping on neog?
[14:07] {Threei}  you don't see the result??
[14:08] {Threei}  I drew the line in the sand at .80
[14:08] {Threei}  and continue whacking it over the head
[14:09] {dino} why thank you
[14:09] {dino} figured you pick off my .82 bstop, :)
[14:09] {Threei}  yeah, kept it within spitting distance
[14:10] {dino} indeed
[14:13] {dino} qsii slipped stopped .55, +.25
[14:13] {magoo} vad..mkts gonna rip or rot into last hour iyo?
[14:13] {Threei}  a little of both and nothing decisive in the end...
[14:14] {magoo} a ROP :)
[14:14] {Threei}  lol
[14:15] {dino} i still see death
[14:16] {Threei}  {death, sneaking behind the corner and putting the hood, fake moustage and sunglasses on} what about now?
[14:17] {pita} adios amigos
[14:17] {Threei}  take care pita
[14:17] {dino} adios pita
[14:18] {Threei}  sh*t...
[14:18] {Threei}  all this TV talk "latinos in america, how latinos change america" make me realize:
[14:18] {dino} thinking the family guy death
[14:18] {Threei}  I never had a second thought about it,
[14:19] {Threei}  now that they are telling me those thoughts would be rasist, THEY make me pay attention to it
[14:19] {Threei}  law of unintended consequences anyone?
[14:19] {larisa} $5 AMZN will take 85 today :)
[14:19] {dino} nonsense, what about the irish, brits, canadians, etc....
[14:20] {Threei}  no betting larisa...
[14:20] {Threei}  sorry
[14:20] {larisa} why :(
[14:20] {Threei}  'cause I agree
[14:20] {Threei}  and mark this day in calendar
[14:20] {larisa} what a killer for shorts
[14:20] {Threei}  I mean how often I agree with you'
[14:23] {larisa} market will close +120
[14:23] {Threei}  ok... this I disagree :)
[14:23] {larisa} lol
[14:23] {Threei}  see... alance is retsired in the world
[14:23] {Threei}  balance
[14:23] {Threei}  restored
[14:23] {Threei}  sheesh
[14:26] {nemo} 'ally!!!
[14:30] {larisa} it is so amazing  how sellers are powerless when stock is squeezing
[14:33] {Threei}  uh oh
[14:33] {Threei}  now it becomes really disturbing
[14:33] {Threei}  I agree with Larisa second time, in a span of a single day
[14:34] {nemo} do you want to be euthanized vad?
[14:34] {dino} osip stop to .14 mkt drop
[14:34] {Threei}  it may come to that nemo
[14:34] {nemo} See what you've done Larry
[14:35] {larisa} I just wanted to make $5
[14:35] {nemo} nj on QSII dino, why that .35 entry?
[14:35] {dino} .30 entry, was the hod at the time
[14:36] {nemo} I was wondering...saw that @ 10:30 thought that might be how you came up with it.
[14:36] {dino} shld wow
[14:37] {dino} yeah, mkt was moving up, so figured breakout
[14:46] {dino} out osip .15, +.15
[15:00] {dino} oh ooh, hit wrong symbol, s sm cah .58
[15:00] {Threei}  NEOG made half way
[15:00] {dino} .63 bstop, mistake
[15:00] {Threei}  almost
[15:00] {dino} still short it vad
[15:01] {dino} cah stopped .61, -.03
[15:02] {Threei}  RU) Russian President Medvedev: World needs more reserve currencies; believes Russian GDP could be -6% or worse in 2009
[15:02] {Threei}  let's adopt rouble
[15:03] {_traderw} use the Zimbabwe $, they have lots
[15:03] {Threei}  dp will be able to use those numbers of significance again... 3.62 and 4.12
[15:03] {Threei}  meaningful for any Russian
[15:04] {larisa} ?
[15:04] {Threei}  I would traderw, but I still have to go through my considerable baggage of mongol tougricks
[15:04] {Threei}  ok larisa... meaningful for any male russian
[15:04] {_traderw} :D
[15:05] {dino} peet
[15:05] {Threei}  those are old prices of bottle of vodka in soviet times
[15:06] {dino} whats w/these coffee stocks
[15:06] {nemo} price of coffee going through the roof
[15:07] {Threei}  ask your husband whether 3.62 and 4.12 have any meaning to him, tell us his answer tomorrow :)
[15:07] {larisa} do not want to make him cry :)
[15:08] {dino} is it nemo?
[15:08] {nemo} yes
[15:08] {dino} ty
[15:08] {nemo} really bad harvests in south america
[15:09] {nemo} smelling like a rally into the close
[15:10] {nemo} oops...'ally into the close
[15:17] {vinod} sorry to bother you guys. any news why HEB spike up?
[15:18] {Threei}  nothing fresh
[15:18] {vinod} thanks
[15:18] {dino} annual data released today in premkt
[15:19] {Threei}  FDA said last week, it will need 1-2 weeks additionally to review their application
[15:24] {Threei}  se? a little up, a little down
[15:25] {dino} neog bstop to .40
[15:25] {dino} cover .40, +.40
[15:25] {larisa} gj
[15:25] {dino} all dayer
[15:25] {Threei}  whew
[15:25] {Threei}  I can stop hitting it?
[15:25] {dino} wow glad i tightened that
[15:25] {nemo} tired?
[15:26] {Threei}  what do tou think
[15:26] {nemo} indexes just spiked
[15:26] {dino} lol, i'll buy the first round
[15:29] {Threei}  al qaeda says they don't like US
[15:29] {Threei}  wow
[15:29] {dino} shocking
[15:29] {Threei}  I am breathless
[15:31] {dino} xnpt sm s .37, stop .61
[15:31] {Threei}  ELN Talks with BMY have reportedly ended; unclear if talks will recommence - unconfirmed report
[15:31] {Threei}  - Note:Yesterday UBS and Deutsche Bank were skeptical of likelihood for deal speculated on 5/31 (7.35, -0.41, -5.28%) (related BMY )
[15:35] {dino} sm s par .65, stop hod
[15:41] {dino} xnpt bstop to .51 no mkt help
[15:41] {dptl} have a good evening all
[15:41] {Threei}  take care dp
[15:44] {fernp} good evening all. see u tomorrow
[15:44] {Threei}  take care fern
[15:44] {dino} par stopped -.21
[15:45] {Threei}  TM UPDATE: Plans to raise US Q3 production by 65K vehicles - TM sales executive
[15:49] {dino} xnpt stopped -.14
[15:49] {dino} -.15
[15:56] {Threei}  okay guys
[15:56] {Threei}  thak you all
[15:56] {nemo} gnite
[15:56] {Threei}  have a good evening
[15:56] {_traderw} bye, thanks
[15:56] {Threei}  see you tomorrow
[15:56] {larisa} later :)

Monday, June 1, 2009

Jun 01 2009

Two shots, two kills. Nice wins on FEED and FMCN. Then whole day of sloooow action, until CTIC got halted, got nice news and provided some scalp opportunities after coming out of halt.

Session Time: Mon Jun 01 00:00:00 2009

[08:29] {vinod} good morning
[08:29] {nemo} Vinod
[08:29] {vinod} I thought no one is at home
[08:30] {nemo} there's a few loiterers, but no sign of the weekend warrior
[08:31] {vinod} look like 9000 this week
[08:31] {patience} good morning guys  :)
[08:31] {nemo} patience :)
[08:32] {nemo} yeah, that goose on friday with the info on the Chinese PMI is rocketing everything.  Including oil, which should be helpful to the US...not
[08:33] {vinod} i think worse is behind for us in usa
[08:34] {nemo} Arguably...$ weakens, everything including oil becomes more expensive.  China and India expand their internal markets continuing to drive up the price of oil
[08:35] {jfjf64} mornin guys
[08:38] {vinod} Stuck in Seattle or hijack by Taliban
[08:43] {Threei}  Good morning
[08:47] {ese} good morning Seatle Guy!
[08:48] {pita} gm all
[08:48] {ese} market up big dow futures 100+
[08:48] {nemo} pita:
[08:48] {ese} pita
[08:48] {pita} hi guys
[08:48] {Threei}  ese, pita, nemo :)
[08:51] {ese} How did you get to seatle by the way vad?   drive/ferry or the clipper?
[08:51] {nemo} His Gulfstream 5
[08:52] {ese} now that was funny
[08:52] {Threei}  Clipper
[08:52] {nemo} HI ese
[08:52] {ese} hey nemo.....
06[08:53] * nemo slaps magoo around a bit with a large trout
[08:53] {magoo} morning
[08:53] {ese} how was it....have never been on it......
[08:53] {ese} mags
[08:53] {nemo} magus
[08:53] {Threei}  magoo :)
[08:53] {Threei}  fast and relaxing ese
[08:54] {Threei}  2 and half hours of nice views around, and you are downtown Seattle
[08:54] {ese} nice
[08:55] {cosmo} ... but sleepless..
[08:55] {ese} where does it depart from....inner harbour or Ogden Point by the break wqater
[08:56] {nemo} Market is shaping up for another one of those blasts out of the gate and then loiter around.
[08:56] {Threei}  Inner Harbor
[08:59] {ese} door to door almost....gotta like lide that.....stop in at Bill Gates place ehhhhh got some inside tipf for us maybe huuuuhh?
[09:05] {ese} ahhhhhh nooooo!    i get it cos....took me a while to get the joke but I got it......."Sleepless in Seatle " movie........
[09:06] {cosmo} sigh
[09:06] {ese} i know....i know.......i'll try to be better the next time
[09:07] {cosmo} hah ....sometime i have a hard time getting through....
[09:08] {vinod} why some one go for a sleep in seatle?
[09:08] {fernp} good morning everybody
[09:08] {Threei}  fern :)
[09:08] {vinod} so, no one can find out?
[09:08] {Threei}  ABIO getting killed
[09:10] {ese} what happened to them?
[09:10] {chinggis} goodmorning
[09:10] {Threei}  chinggis :)
[09:10] {ese} cha ching
[09:12] {ese} how much do you think GM is going to weigh on the market vad
[09:12] {Threei}  FDA rejected their drug
[09:12] {nemo} zilch
[09:12] {ese} ahhh
[09:12] {Threei}  doesn't seem to be weighing at all
[09:13] {Threei}  market accepted and priced in GM already
[09:13] {magoo} gm..everyone knew ..mkt is a discounting mecanism
[09:13] {ese} true
[09:13] {magoo} prices the future
[09:13] {Threei}  CSCO replaces GM in index
[09:14] {Threei}  TRV replaces Citi
[09:14] {Threei}  what can possibly happen to index if you replace bad components all the time?
[09:15] {Threei}  ultimate Potemkin village
[09:15] {nemo} hey! you stole my reference
[09:15] {Threei}  ummm
[09:15] {ese} thats a good point.....never looked at it this way
[09:16] {Threei}  except we were taught that reference in I think grade 2, nemo... {G}
[09:16] {nemo} Yeah, I don't think I'd heard of Russia by then
[09:16] {Threei}  ese... remember those nice charts financial advicors show you as a proff that "in a long rin market goes up"?
[09:17] {ese} yup
[09:17] {Threei}  which are being used to convince you to stay fully invested, add to your portfolio,, diversify it,
[09:17] {Threei}  improve your cost basis etc
[09:17] {ese} yup
[09:17] {Threei}  imagine how those charts would look if they
[09:17] {Threei}  1. were djusted for inflation
[09:18] {Threei}  2. would reflect index without costant rebalancing by weeeding out some companies and adding other
[09:18] {nemo} yeah, the $ is inversely correlated to the DOW.  Basically, you've made nothing for 80 years since the Fed was instituted
[09:18] {dptl} good morning all
[09:18] {ese} dp
[09:18] {Threei}  dp :)
[09:19] {dino} ghm all
[09:19] {dino} gm that is
[09:20] {Threei}  dino :)
[09:21] {dino} good point 3i, but i guess thats what marketing is about
[09:22] {Threei}  sure...
[09:22] {Threei}  which is another way of saying that financial advisors are salesmen, not advisors
[09:23] {dino} they are the "sell side"
[09:26] {jfjf64} mornin
[09:26] {Threei}  jf :)
[09:28] {magoo} u meam adWizers
[09:28] {ese} FEED
[09:29] {Threei}  I don't see fresh news
[09:29] {ese} me either
[09:30] {ese} wonder whats driving it
[09:30] {nemo} China recovery
[09:30] {ese} probably
[09:32] {Threei} Long Setup:  FEED  6.60 break
[09:32] {Threei}  if stays above .45
[09:33] {dino} tcl leftovers to .89
[09:33] {magoo} in .60
[09:34] {dino} out .90, +.59
[09:34] {ese} l Drys .44
[09:35] {ese} out drys .52
[09:35] {ese} +.08
[09:35] {ese} quick one
[09:36] {magoo} look WFC vad
[09:39] {ese} sorry bout that  bye the way.... drys call   was just about to type in the buy and realized that i had to sell it...
[09:40] {ese} was too quick
[09:41] {Threei} Long Setup:  BRCM  .28 if stays above .15
[09:44] {Threei} Long Setup:  FMCN  .90
[09:46] {Threei}  atsg
[09:49] {ese} L intc .04...agressive
[09:51] {Threei}  half out FMCN 9.10
[09:51] {nemo} missed it
[09:51] {Threei}  scalpers take profit
[09:52] {Threei}  huh?
[09:52] {nemo} on break of .90 blew right by
[09:52] {Threei}  how can you miss stock that sits at the trigger for 5 minutes?
[09:52] {nemo} I thought it was on the break of 90
[09:52] {jfjf64} ouch
[09:52] {Threei}  at the moment of the call high was .88
[09:53] {Threei}  .90 was trigger
[09:53] {nemo} oh
[09:53] {Threei}  [09:44] {Alert} Threei Long Setup: FMCN .90
[09:53] {dino} osip
[09:53] {nemo} so break of .89
[09:53] {Threei}  even break of .88 was formally a good-to-go signal
[09:56] {ese} out INTC .12 
[09:56] {ese} +.08 
[09:57] {ese} that makes my day
[09:57] {Threei}  wtg
[09:57] {Threei}  FEED half out .75
[09:57] {ese} tks
[09:57] {nemo} 1/2 out feed
[09:57] {Threei}  scalpers know what to do
[09:59] {Threei}  GM Certain suppliers reportedly considering stopping shipments - unconfirmed report (0.60, -0.15, -20.01%) (related LEA ALV )
[10:00] {Threei}  MAY ISM MANUFACTURING: 42.8 V 42.3E; PRICES PAID: 43.5 V 35.0E
[10:00] {Threei}  *APR CONSTRUCTION SPENDING M/M: 0.8% V -1.5%E
[10:00] {Threei}  - Prior MoM evised from 0.3% to 0.4% (related XHB )
[10:01] {ese} L intc .06
[10:02] {Threei}  FMCN stop to .95
[10:04] {Threei}  GM Confirms agreement with U.S. Treasury And Canadian Governments Providing Fast Track To Competitive Future For ''New GM'' (0.40, 0.03, 8.11%)
[10:04] {Threei}  anyone feel convinced?
[10:04] {nemo} By tm
[10:04] {magoo} too funny..forgot had feed
[10:04] {nemo} buy tm
[10:05] {Threei}  lol mags
[10:05] {nemo} can you short gm below zero?
[10:06] {ese} out intc .14
[10:06] {ese} +.08
[10:06] {Threei}  so what the heck are they goping to do with commons?
[10:07] {Threei}  seeing them still trading I can't help but ask
[10:07] {nemo} toilet paper?
[10:07] {Threei}  cbak
[10:08] {magoo} virttual TP? never send actual shares anymore
[10:09] {nemo} yeah
[10:14] {nemo} out feed
[10:15] {Threei}  why?
[10:15] {nemo} 1/2 out at .75, moved stop to break even @ .60, no?
[10:15] {Threei}  yes... did it ever lose .60?
[10:16] {Threei}  .60 was resistance to vreak
[10:16] {nemo} oh, loss of .60 not go to .60
[10:16] {Threei}  became new support
[10:16] {Threei}  loss of it is a new stop
[10:16] {nemo} o.k.
[10:16] {Threei}  come on... this is standard logic
[10:16] {nemo} I'm not your standard intellect
[10:19] {magoo} wanna see something NUTS..look BIDU
[10:20] {Threei}  lol
[10:20] {magoo} i was looking short 9 points ago..but knew better
[10:22] {Threei}  done with FMCN
[10:22] {Threei}  7 min ago:
[10:22] {Threei}  SIRF Discloses that its redesigned GPS software is being allowed to be imported to the US
[10:23] {Threei}  not sure if it's a big deal
[10:25] {dino} osip sm l .35
[10:28] {magoo} nuts..forgot i had BRCM
[10:28] {magoo} tired today
06[10:30] * magoo slaps laserdave around a bit with a large trout
[10:31] {Threei}  CLDX, mama
[10:33] {dino} osip to .68
[10:33] {dino} out +.33 osip
[10:33] {nemo} only .33!!!
[10:35] {dino} yeah, slow start
[10:36] {dino} micc
[10:37] {dino} micc gap fill from sept
[10:39] {dino} sm l axys .00
[10:40] {dino} prts thinny
[10:40] {nemo} quick though
[10:41] {dino} cldx crazy
[10:43] {dino} axys stop to .38 expect slip
[10:43] {dino} micc just flipped me off
[10:44] {Threei}  ok...
[10:44] {Threei}  I really need an explanation for GM, lol
[10:44] {Threei}  look at it
[10:45] {dino} suckers vad, or simply shorts covering
[10:45] {Threei}  TELK Presents Phase III results from ASSIST-5 trial of TELCYTA in ovarian cancer at ASCO
[10:45] {Threei}  not fresh
[10:46] {Threei}  I don't get it dino...
[10:46] {Threei}  what kind of sucker can buy shares that are offically being whiped out?
[10:46] {nemo} about 111 million of them
[10:47] {dino} shorts to cover perhaps, simply to get paid now
[10:47] {Threei}  that I would understand
[10:47] {Threei}  but the move seems to be way too extreme for that
[10:47] {dino} obama scares shorts, get out now before he changes the rules again, imo\
[10:48] {Threei}  OXGN Reports Positive Data From Phase 2 Trial of ZYBRESTAT in Platinum Resistant Ovarian Cancer At ASCO 2009
[10:48] {Threei}  - reported positive final data from the investigator-sponsored Phase 2 study, conducted in collabor... (4.43, 0.11, 2.55%) more...
[10:48] {dino} i'd cover to get paid now, its the whimpy theory, hamburger today
[10:48] {magoo} a media leak..obama on tv today noon about GM..he is goig to force every american who makes 200k a year to buy 10k shares GM 
[10:49] {Threei}  lol
[10:49] {dino} lol
[10:49] {magoo} u dont have to buy the product..just the stok
[10:50] {dino} axys to .46
[10:50] {dino} but w/govt, no selling of stck ever
[10:52] {dino} out axys ave .44, +.44
[10:52] {nemo} had me worried on that first one Dino :)
[10:53] {dino} ?
[10:54] {nemo} bad joke
[10:54] {dino} you take it?
[10:54] {nemo} no.  It was up .08 by the time I looked at it
[10:54] {dino} it generally covers a few points/day, just which way is question
[10:54] {nemo} minor detail
[10:56] {dino} ogxi watching
[10:56] {dino} mccc
[10:56] {dino} axys again for bigger pullback
[10:58] {tomg} vad, i have to leave, but have 100 FEED left. think it's ok for holding over night?
[10:59] {dino} cya tom
[10:59] {tomg} take care dino
[10:59] {Threei}  feels very strong to me tom...
[10:59] {Threei}  it's just that things tend to change on a dime lately
[10:59] {Threei}  who knows
[10:59] {magoo} bye tommie
[10:59] {tomg} ok, ty
[11:00] {tomg} cya maggie :)
[11:00] {Threei}  unless something extreme happens, it looks to me capable of going over 7
[11:01] {Threei}  anyway, whny don't you set a stop under .60
[11:01] {tomg} ok, ty, will set stop and go
[11:01] {Threei}  if it never loses it today, why not hold it
[11:01] {Threei}  if does, you are safe
[11:02] {tomg} set stop at 6.55, see y'all tomorrow
[11:02] {Threei}  take care
[11:12] {pita} later everyone, happy hunting
[11:14] {Threei}  take care pita
[11:18] {jfjf64} what  up  with  dell chart
[11:18] {nemo} drys dumped below Friday close
[11:19] {Threei}  what do you mean jf?
[11:20] {jfjf64} 1 min chart  im shwing no  trading   must  be  me
[11:21] {Threei}  looks ok to me
[11:21] {jfjf64} im  gonna  log  out  ty
[11:22] {Threei}  just switch dservers
[11:22] {Threei}  no need to do full blown logout
[11:23] {Threei}  if you are Laser that is
[11:23] {jfjf64} charlie
[11:23] {Threei}  ah
[11:24] {dino} lol
[11:26] {Threei}  market has stalled for an hour and half
[11:27] {Threei}  waiting for Prez I guess
[11:27] {dino} netl strange, merger, issuing 5-6 million shares and jumps
[11:27] {nemo} Dino...oxgi
[11:28] {dino} ah mannnn, we had it
[11:28] {nemo} I was thinking break of 16 
[11:30] {dino} gm annouces name change to "om" obama motors, plus the expensive hybrids will be sold to govt, not public...lol
[11:32] {fernp} lol dino
[11:33] {Threei}  I can't even bring myself to laugh about it
[11:33] {Threei}  and I thought I could laugh just about anything
[11:33] {nemo} ogxi closed gap
[11:37] {dino} bummer
[11:38] {magoo} .
[11:40] {dino} iflo
[11:41] {Threei}  lol, funny e-mail
[11:41] {Threei}  If you think education is expensive, try ignorance.
[11:51] {Threei}  Prez is on
[11:52] {dino} ok 100 pt drop
[11:55] {Threei}  Chrysler to emerge from bankruptcy in next few days
[11:55] {Threei}  that's quick
[11:55] {ese} seems to be on alot that man....,.wonder whose managing his investments
[11:56] {ese} casual phone call yesterday to a friend...."ya no i have to be on tv tomorrow"...just a comment to the friend....the friend quietly makes an adjustment to the portfolio........you kn ow how it is
[11:57] {ese} another quick $150000............
[12:00] {ese} been watching to much MI5 tv series.........
[12:01] {ese} on dvd no less.......so can re watch and increase my paranoia
[12:04] {ese} hey dino......bought new clubs on friday...Cobra pro CB's......love em
[12:04] {ese} almost look like Mizuno's
[12:05] {dino} sweet es
[12:06] {ese} Myrtle here we come one day.....always wanted to golf there
[12:07] {KSystems} hi :)
[12:07] {ese} k sys
[12:07] {Threei}  KS :)
[12:07] {nemo} gruess dich
[12:08] {Threei}  Prez is done, market is still asleep
[12:14] {jfjf64} hpq showin strength  when all sleepin
[12:15] {dino}  someday es, a little sidetracked
[12:15] {dino} sm l osip .35 again, stop .99
[12:18] {Threei}  ese, look dcc please
[12:22] {Threei}  this sounds scary:
[12:22] {Threei}  JPM Reportedly to sell $750M in credit card loan backed debt; non TALF eligible (37.51, 0.61, 1.65%)
[12:22] {dino} iflo sm s .52
[12:31] {Threei}  magoo... don't forget you have BRCM, OK?
[12:32] {dino} sidetracked
[12:33] {ese} L drys .90
[12:33] {ese} small
[12:33] {ese} well....smaller
[12:38] {Threei}  OGXI Hearing price target raised at Rodmand & Renshaw to $32 from $22 (timing uncertain) (18.66, 1.01, 5.72%)
[12:43] {dino} missed a good one there
[12:43] {nemo} twice
[12:46] {dino} rubbing it in huh? lol
[12:46] {nemo} What, you think you're alone in this?
[12:47] {nemo} I'm also pissed I didn't think of consumer discretionary this morning with the futures in orbit...look at JCP
[12:52] {Threei}  FEED 1:2
[12:52] {Threei}  lol
[12:52] {Threei}  1/4 more out
[12:53] {jfjf64} fas tip toe towards 11
[12:59] {Threei}  it heard you
[12:59] {jfjf64} lol
[13:00] {dino} osip stopped -.37
[13:03] {ese} hmmmm almost stopped drys    
[13:03] {dptl} have a good evening all
[13:04] {fernp} bye dp
[13:05] {Threei}  take care dp
[13:05] {dino} cya dp
[13:07] {ese} cya dp
[13:11] {jfjf64} vad   i thought i read  in  ya  book  trading was  fun  exciting
[13:12] {nemo} reminds me of my sex life...a little here, a little there, and great big stretches of nothing
[13:13] {jfjf64} yup  same  here
[13:13] {nemo} and boy do you pay when you make a mistake
[13:16] {Threei}  you take what you get, and you make the best out of it
[13:16] {Threei}  periods of exciting market, periods of boring one
[13:17] {Threei}  we did two winning trades on Fri,
[13:17] {Threei}  we did the same today
[13:17] {Threei}  what's wrong with that?
[13:17] {nemo} I don't think he was making a right or wrong judgment, just an observation
[13:18] {jfjf64} correct   sorry  vad    lol
[13:18] {jfjf64} ty nemo
[13:18] {Threei}  who wants excitment, you are always welcome to try GOOG or BIDU {G}
[13:19] {nemo} rimm
[13:19] {jfjf64} kong
[13:31] {Threei}  EXEL Reports Encouraging Phase 1 Data To Be Presented at ASCO for XL147, a Selective Inhibitor of PI3K
[13:33] {magoo} already have been vasd lol
[13:33] {nemo} what?
[13:33] {magoo} bidu goog earlier
[13:34] {dino} osip continues down
[13:34] {Threei}  anyone feel stressed?
[13:35] {Threei}  STRESS RELIEF:
[13:35] {nemo} do you really care?
[13:35] {ese} nope
[13:35] {Threei}  Handle things like a dog does
[13:35] {Threei}  If you cant eat it
[13:35] {Threei}  and you cant play with it
[13:35] {Threei}  Pee on it and walk away.
[13:35] {nemo} or hump it's leg
[13:35] {ese} too funny
[13:35] {ese} very true
[13:36] {nemo} its
[13:36] {ese} and on that note i'm signing off see you all tomorow
[13:37] {Threei}  take care ese
[13:37] {dino} cya es
[13:38] {chinggis} Vad AXL  5, 10 min pullback payable?
[13:38] {jfjf64} later es
[13:40] {Threei}  AXL, very hard to distiguish between end of interest and taking a rest here
[13:41] {Threei}  if ity's holding here, break of .50 for a scaklp, maybe
[13:41] {Threei}  but keep a stop very tight
[13:41] {chinggis} ok TY
[13:41] {Threei}  at any rate, feels to me like boredom trade rather than compelling one
[13:42] {chinggis} I will try .50 break with tight stop, TY
[13:44] {magoo} i thought bidu was a 5 point short ..bvut it just hasnt developed
[13:45] {dino} i think everything is a good short
[13:46] {magoo} ctec halted news pend
[13:46] {Threei}  CTIC you mean
[13:46] {dino} 950 area may well be it
[13:53] {chinggis} missed AXL , was very fast
[13:57] {magoo} futesb ballistic
[13:57] {jfjf64} wakein up
[13:58] {dino} cpy
[14:01] {Threei}  CTIC Pixantrone Significantly Increases Complete Remissions, Overall Response Rates, Frequency of Durable Remissions and Progression Free Survival in Patients with Relapsed and Refractory Aggressive Non-Hodgkin''s Lymphoma
[14:02] {Threei}  Progression Free Survival in Patients with Relapsed and Refractory Aggressive Non-Hodgkin''s Lymphoma
[14:02] {Threei}  -- Significant Increase in Complete Remission Rates 20% vs. 5.7%; p=0.021
[14:07] {nemo} market over 300 today..where's Larry?
[14:14] {vinod} CTIC---vad I have few K of them brought under a buck few week ago
06[14:14] * nemo slaps vinod around a bit with a large roll of cash
[14:15] {dino} lucky vin
[14:15] {vinod} also have HEB
[14:15] {Threei}  sounds like should be fun vinod
[14:15] {vinod} i did posted about them here
[14:16] {nemo} when did you buy HEB?
[14:17] {vinod} few week ago both at 0.95
[14:17] {vinod} I think I posted at cara site
[14:18] {nemo} dcc vinod
[14:18] {dino} sm risky, s cpy .84
[14:19] {vinod} nothing on dcc
[14:19] {vinod} nemo--got it thanks
[14:22] {vinod} nemo--people are on vacation and i have to work more so i am missing to trade 
[14:22] {nemo} sorry about that
[14:23] {nemo} Got an idea....quit work
[14:23] {vinod} but i enjoyed here what ever time i get
[14:24] {vinod} can't quite--need money
[14:26] {Threei}  CTIC ready to open
[14:27] {nemo} wow
[14:31] {dino} sm l ctic .70
[14:31] {nemo} Vad, you in CTIC?
[14:32] {dino} not moving much
[14:33] {dino} thoughts on it vad?
[14:34] {Threei}  no idea... news play
[14:37] {vinod} see  you tomorow
[14:37] {Threei}  IMO... scalp it
[14:37] {Threei}  don't get stuck
[14:37] {Threei}  take care vinod
[14:38] {dino} cya vin
[14:42] {dino} stop is .80, thing is stuck
[14:51] {dino} to .89 ctic
[14:54] {Threei}  White House Press Sec: US President Obama not concerned over the demand for US debt by China (related USD/CNY TLT SHY IEF )
[14:58] {dino} to .93 won't move
[14:59] {Threei}  I have hard time believing I still have 1/4 of FEED, which I bought on first minutes after opening
[15:02] {dino} to .99
[15:02] {Threei}  good trailing
[15:03] {dino} ty, to .05
[15:04] {dino} to .09
[15:05] {dino} out ctic .12, +.42
[15:06] {dino} ty for news alert vad
[15:06] {Threei}  sure thing
[15:08] {magoo} mkts rotting
[15:11] {dino} open gap fill in the making, or wait for turnaround tuesday? my vote turnaround tuesday
[15:12] {dino} osip app. lod
[15:17] {magoo} ty all..have doc apptm for leg, gotta hop..literally lol
[15:17] {magoo} good day
[15:17] {Threei}  lol, take care mags
[15:18] {magoo} i need a good xray
[15:18] {Threei}  as opposite to bad one?
[15:19] {magoo} as opposed to bad results
[15:19] {Threei}  oh
[15:19] {Threei}  I'll better shut up
[15:19] {Threei}  I hacve too many comments to that one, and few of them are PG rated
[15:21] {dino}  anybody that followed cpy short, we are in range
[15:25] {jfjf64} vad  ms  30 break  
[15:26] {Threei}  don't know what to say jf
[15:27] {Threei}  maybe on pullback
[15:27] {Threei}  I don't see it as a compelling play
[15:27] {Threei}  FEED, out last piece
[15:28] {Threei}  sll day play
[15:28] {Threei}  all
[15:29] {wulff} financials can't seem to decide
[15:29] {Threei}  yeah, they are not market leaders anymore
[15:32] {wulff} bastards
[15:32] {dino}  cov. cpy .27, +.57
[15:33] {dino} sh#t they tricked me, moved ask, then i hit and dropped
[15:35] {dino} iflo bstop to b/e
[15:40] {Threei}  CTIC is dropping again
[15:40] {Threei}  something isn't right
[15:49] {Threei}  SQNM is interesting
[15:49] {Threei}  let's have a look at it tomorrow againb
[15:49] {Threei}  maybe it's establishing itself as a recovery play
[15:51] {dino} osip tomorrow too
[15:55] {Threei}  okay guys, thank you all
[15:55] {Threei}  have a good evening, see you tomorrow
[15:55] {jfjf64} ty 
[15:55] {dino} cya vad
[15:59] {dino} cov iflo .46, +.06 slow one
[16:01] {dino} ty all, gotta hop
[16:03] {dino} csco dropping
[16:03] {dino} bad prints looks like
[16:03] {dino} later...

Friday, May 29, 2009

May 29 2009

Short day as I take off for the weekend in Seattle. Got two nice winners though: long DRYS for 20 cents and long ARRS for 40.

Session Time: Fri May 29 00:00:00 2009

[08:01] {Threei}  IMF's Strauss-Kahn: Governments need to begin considering cutting debt loads
[08:01] {Threei}  - Current expectations for a recovery in 2010 are based on the expectation of no further banking sector declines
[08:01] {Threei}  ***Reminder Back on Apr 22nd: IMF forecasted the global economy contracting 1.9% in 2010 versus prior view of growth of 3%
[08:30] {Threei}  *Q1 PRELIMINARY GDP PRICE INDEX: 2.8% V 2.9%E; CORE PCE Q/Q: 1.5% V 1.5%E
[08:30] {Threei}  *Q1 PRELIMINARY GDP ANNUALIZED: -5.7% V -5.5%E; PERSONAL CONSUMPTION: 1.5% V 2.0%E
[08:31] {pita} greetings
[08:31] {Threei}  pita :)
[08:31] {nemo} :)
[08:35] {fernp} good morning everybody
[08:35] {nemo} flora :)
[08:36] {Threei}  fern :)
[08:36] {fernp} flora?
[08:37] {nemo} sorry generalization...definitely don't fall under fauna with a handle like "fern"
[08:42] {patience} good morning guys, another beautiful day in paradise here
[08:43] {Threei}  patience :)
[08:45] {vinod} good morning and its friday....liquid lunch time!!!!!!!!!
[08:45] {Threei}  vinod :)
[08:45] {nemo} I 2nd the motion Vinod, but I'm starting at brunch
[08:46] {vinod} as we called it here  smoke  drink and shoot--nemo
[08:47] {nemo} Shoot what vindod?
[08:47] {vinod} what drug edict shoot?
[08:47] {vinod} inject
[08:48] {nemo} oh, thought you were talking about going to the range
[08:50] {ese} good morning
[08:51] {Threei}  ese :)
[08:51] {nemo} ese
[08:54] {ese} dell beats by .01
[09:01] {Threei}  STSI
[09:08] {chinggis} goodmorning
[09:08] {Threei}  chinggis :)
[09:09] {dino} gm all, got lucky on esi es, took 300 at close, just dumped +4.30
[09:10] {Threei}  dino :)
[09:10] {dino} brb
[09:12] {ese} nice dino....lookin like it's bouncing a bit
[09:15] {Threei}  Prez Obama to create position of "cyber czar"
[09:16] {dino} got lucky,
[09:17] {Threei}  seems to be universal approach - create new level of bureaucracy
[09:21] {vinod} Blame Russian for giving everyone a "czar"
[09:21] {dino} feels like old time russia, all these czar's. obama has forgotton czar is unamerican
[09:21] {nemo} actually it's the Romans
[09:22] {jfjf64} mornin
[09:22] {nemo} Czar-Caesar=Kaiser
[09:22] {ese} dell taking off
[09:23] {dptl} good morning all
[09:23] {Threei}  jf, dp :)
[09:23] {ese} dp jf
[09:24] {dino} nemo is like my wife, correcting me
[09:24] {jfjf64} had problems  gettin on  ya  server  yest afternoon     anybody else????
[09:25] {Threei}  half of the room jf
[09:25] {Threei}  another half was ok
[09:25] {Threei}  shrug
[09:25] {Threei}  mysteries of cyberspace
[09:25] {Threei}  but fear not, czar will make it all better
[09:25] {jfjf64} k ty
[09:25] {dino} jf, i was kicked out around 2:00, was posdting away, magoo said why are you not posting
[09:26] {jfjf64} same  here
[09:26] {ese} ahhhhh that explains why i was just chatting with myself
[09:26] {jfjf64} was  lost  with out  the czar  
[09:26] {jfjf64} lol
[09:26] {cosmo}  czarry 
[09:26] {dino} lol
[09:27] {ese} not that i minded it.......but
[09:27] {nemo} If you were a WOP like me Dino, you'd know these things
[09:27] {dino} running behind, new tenant moving in downstairs
[09:28] {ese} am thinking lng dell vad any advice
[09:28] {ese} long
[09:28] {Threei}  DRYS looks interesting
[09:29] {ese} yes very....still have my 5k position just above 7.00
[09:29] {Threei}  nice
[09:29] {Threei}  well, I believe we are to have a strong day... so DELL should be one of movers, just want a pullback first
[09:29] {Threei}  hate chasing these slow stocks
[09:29] {dino} axys -5
[09:30] {dino} opps bad print
[09:30] {Threei} Long Setup:  DRYS  .45 break
[09:31] {nemo} partial
[09:32] {Threei} Long Setup:  ARRS  12 if stays above 11.90
[09:32] {Threei}  DRYS 1:1, half out
[09:32] {Threei}  scalpers take profit
[09:33] {ese} out drys .55 + .53
[09:33] {dino} gj
[09:33] {ese} tks
[09:34] {pita} out drys ty
[09:35] {Threei}  watching for possible re-enttry
[09:36] {Threei}  got away
[09:38] {Threei}  ARRS, half out
[09:38] {Threei}  scalpers have 1:1
[09:38] {Threei}  I will try to milk this one
[09:38] {Threei}  feels to me worth more than scalp
[09:39] {ese} .77 high for drys 2 weeks ago.......might try long there again...if it goes past that who knows
[09:42] {jfjf64} ty ty  drys  arrs
[09:42] {Threei}  welcome
[09:43] {Threei}  1:2 was easy
[09:43] {Threei}  keeping sto for the last portion right under 12 for now
[09:43] {nemo} drys pullback vad?
[09:44] {Threei}  between .50 and .60 I would feel more secure
[09:44] {nemo} near support?
[09:44] {Threei}  but it moves with market without much delay now
[09:44] {ese} just a bizzare pullback in the qqqq's
[09:45] {ese} violent almost
[09:45] {ese} screens instantly red
[09:46] {dino} pretty good pullback
[09:46] {vinod} got FAz 5.00
[09:46] {Threei}  *MAY CHICAGO PURCHASING MANAGERS INDEX: 34.9 V 42.0E
[09:46] {Threei}  **sub-indices:
[09:46] {Threei}  - Prices Paid: 29.8 v 28.4 last
[09:46] {Threei}  - New Orders: 37.3...more... (related SPY EUR/USD )
[09:46] {dino} alomost 80 pts fast
[09:46] {ese} that explains it.....
[09:46] {nemo} I gotta' get a seat belt for my desk chair
[09:46] {Threei}  Preview: May Final University of Michigan Confidence due out at 9:55amET
[09:46] {Threei}  **consensus expectation: 68.0e v 67.9 preliminary (estimates range between 67 to 71)
[09:46] {nemo} valium prescription too
[09:47] {ese} if thats the case....my money is the market will chase that figure
[09:48] {dino} lukoy smackdown
[09:48] {dino} esl, tcl
[09:49] {ese} drys feels like it's going to have one of it's 1.50 to 2.00 days
[09:51] {dino} tcl maybe gap fill from election
[09:51] {ese}  l drys .65
[09:53] {ese} out drys .74
[09:53] {nemo} how many buggers?
[09:53] {ese} +.09 on alot of shs
[09:53] {ese} 8k
[09:53] {nemo} S***load
[09:53] {jfjf64} nice  nice  ese
[09:53] {nemo} rimm shot please!
[09:54] {nemo} rim
[09:54] {dino} beauty es
[09:54] {ese} tks
[09:54] {nemo} what was your stop ese .55?
[09:54] {ese} can now buy them cobra golf clubs
[09:55] {ese} .60 not room for error
[09:55] {ese} no room
[09:55] {ese} too many shs to risk more
[09:56] {dino} enjoy them
[09:56] {nemo} support was around .65 though
[09:56] {nemo} .55
[09:57] {ese} nope .60 for me thanks
[09:57] {ese} thats $400.00 bills plus commission
[09:58] {ese} even thats too much
[09:58] {nemo} .09 x 8k = 720
[09:58] {ese} yes
[09:59] {ese} stop loss was .60
[09:59] {nemo} tough in under a minute...really had to slave for that...hate to see you suffer so :(
[09:59] {ese} it's a tough job but vads trained me well
[10:00] {ese} probably too many shs though
[10:00] {dino} ment
[10:01] {ese} his scalping video was very helpful.......
[10:03] {ese} never ever considered over 1k until seeing that video........manage the risk and things will work out....will have the odd failure but overall positive
[10:05] {ese} what are you thinking with MENT dino
[10:06] {dino} l around 5
[10:07] {dino} esl interesting as well as tcl around 18.80 gap
[10:07] {dino} perhaps i am too low tho, mkt not helping
[10:08] {dino} watching pru too, good range 38-40s-40.20s last few days
[10:09] {Threei}  ARRS stop to to under .10
[10:10] {dino} cetv drop
[10:10] {jfjf64} thougtt ya were  gone for seattle
[10:10] {ese} tcl   scarry looking to me....thin
[10:10] {Threei}  in 2 hours jf
[10:11] {jfjf64} its okay big guy   2 great  trades
[10:11] {Threei}  ummm... I can go now?? :)
[10:12] {Threei}  DRYS is trying to form C&H
[10:12] {jfjf64} 100 percent
[10:12] {ese} yes
[10:12] {Threei}  ARRS 1:3
[10:12] {dino} tcl manage thru size
[10:12] {ese} i'm likin long drys again if it does that
[10:13] {ese} there goes MENT
[10:14] {Threei}  last trailing on ARRS, to under .15
[10:14] {Threei}  no more trails, will look to sell it on the next leg of the move, probably .40 - .50
[10:19] {nemo} got the consumer confidence survey Vad?  talk about rose colored glasses...sheesh
[10:19] {ese} bstop L drys .85
[10:19] {nemo} stop ese?
[10:19] {Threei}  out ARRS last portion +.41
[10:20] {ese} if in.....just under .75
[10:24] {ese} max positon nemo will be 2k......i like to reduce positions as the day goes along unless there is something i'm really confident about
[10:24] {dino} sm l cetv .75
[10:25] {Threei}  that's a very sensible approach ese
[10:25] {Threei}  plus, risk increases as stock advances
[10:25] {ese} tks
[10:26] {dino} same here es, protect hard won profits
[10:27] {ese} vad...you've been to Seatle before haven't you?
[10:27] {Threei}  only passing through
[10:27] {Threei}  haven't had a chance to explore
[10:28] {ese} lots of neat things there....music project.....city under the city......if i lived in the US it would be New York or Seatle
[10:29] {nemo} Seattle is probably friendlier than NY
[10:29] {ese} would buy a house next to Bill Gates of course
[10:29] {nemo} East Coast is tough
[10:29] {dino} cetv stopped whoosh -.33 at ,.42
[10:29] {jfjf64} for get bout it  new york the best
[10:29] {ese} I really like New York......very international city.....i like all the cultures there...very diverse musically
[10:29] {dino} what the hewck, right back to entry
[10:30] {nemo} rinse, repeat
[10:30] {dino} ]that sucked
[10:30] {pita} have a good trip Vad, good wknd all.  CU Monday
[10:30] {Threei}  thank you pita, havce a gbreat weedkend
[10:30] {Threei}  only with better typing
[10:30] {jfjf64} later pita
[10:31] {ese} see ya pita
[10:32] {ese} need all them funds to start buying in end of month for drys to take off again
[10:32] {dino} cya pita
[10:36] {dino} sm l esl .74
[10:37] {ese} I also have a friend whos been in the US military field band at West Point for the last 26 years....have visited here a few times
[10:37] {Threei}  now that GM goes under 1, I still have the same question
[10:37] {ese} Her.......shes the first feamle to make the band in the history of the west point band
[10:38] {Threei}  why was it trading all this week and why is it trading still?
[10:39] {ese} THAT!!!!!   is a good question
[10:40] {Threei}  this is beyond werid
[10:41] {Threei}  bankruptcy is certain, common will be whiped
[10:41] {Threei}  why is it not halted?
[10:41] {nemo} taxpayer picks up the tab
[10:44] {ese} have removed bstop from drys......breaking .75 invalidates it for me
[10:45] {magoo} ghytgytj
[10:45] {dino} qsii blood
[10:45] {nemo} gaeden mayall lekterolo
[10:45] {Threei}  ugh mags
[10:45] {Threei}  missed good ones
[10:46] {magoo} i know, was supposed to take son to mx track this morn, got canx due to rain, so here i am
[10:46] {Threei}  on supreme court nominee:
[10:46] {Threei}  Pollster Scott Rasmussen reports that 45 percent of Americans believe that legal background and competence are the most important qualities for a nominee, while only 27 percent believe that diversity is the most important.
[10:46] {nemo} frickin' scary
[10:46] {Threei}  ok, but amazes me that there is such a hgih percentage of idiots... 27
[10:47] {nemo} you're surprised!?
[10:47] {nemo} I'm surprised it's that low
[10:47] {Threei}  yeah... shocks me that I am still surprised by that
06[10:47] * nemo slaps Threei around a bit with a large dose of reality
[10:47] {dino} thought justice was supposed to be blind
[10:48] {nemo} thus the blindfold on the statue
[10:48] {Threei}  funny thing is... in USSR, especially in early years, the most important thing defining person's standing was "proletarian origin"
[10:49] {Threei}  one had to have parents from working class in order to be a "valuable member of society"
[10:49] {ese} hmmmmmm
[10:49] {Threei}  hearing all this drivel now about how great it is that she is from working class... can help but wonder
[10:49] {nemo} here's another great headline: ttp://www.washingtontimes.com/news/2009/may/29/career-lawyers-overruled-on-voting-case/?feat=home_cube_position1
[10:51] {ese} ment dino....lost track of it.......nice move
[10:52] {Threei}  keeping an eye on MS
[10:53] {jfjf64} seems lots of strength   
[10:53] {Threei}  and look at daily
[10:54] {ese} should go vad if market helps it
[10:54] {Threei}  .25 is a "traditional" long trigger
[10:54] {Threei}  with all kinds of aggressive ones between .10 and .25
[10:55] {magoo} in .20
[10:56] {ese} dndn making noises
[10:57] {dino} tcl sm l .31
[10:59] {jfjf64} comon  fas
[10:59] {dino} esl to flat stuck in mud
[11:00] {magoo} frwakin obama coming up
[11:00] {dino} esl stopped +.02
[11:03] {magoo} out no go
[11:08] {fernp} stopped MS
[11:08] {nemo} this could have an interesting effect on MONDAY: http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/05-29-2009/0005034511&EDATE
[11:17] {jfjf64} wow  lk  at arrs
[11:17] {jfjf64} great  x
[11:18] {Threei}  really
[11:18] {Threei}  thanks for pointing that out
[11:22] {jfjf64} ms break 30
[11:25] {Threei}  yup
[11:29] {jfjf64} no mkt help
[11:30] {nemo} yeah but holding range 
[11:30] {jfjf64} yup
[11:35] {nemo} sneaky
[11:38] {jfjf64} no  vol
[11:38] {nemo} traders musta' hit the stripjoints already
[11:38] {ese} vad gone yet?    we can go crazy then eh.........making bad calls .....mischief in general
[11:40] {vinod} I wants it to go down big today
[11:40] {nemo} gollum's here?
[11:40] {dino} sm l pru .80
[11:41] {Threei}  ummm
[11:41] {nemo} janitor woke up
[11:41] {Threei}  try to stay in line for just 1 hour more ese
[11:42] {dino} qsii sm l .09
[11:42] {ese} oppsss busted!!
[11:43] {nemo} hands on the dashboard...assume the position
[11:43] {Threei}  yes, nemo, and woke me up
[11:43] {vinod} 09:46 vinod got FAz 5.00 --damm it is not moving
[11:44] {nemo} don't fight the FED vinod
[11:44] {Threei}  PIMCO's McCulley: Fed will probably be on hold for a few years - TV interview
[11:44] {dino} few years roflol
[11:45] {vinod} drive me crasy. it's not stop either-nemo
[11:45] {nemo} ms not reeacting to qs or spy
[11:48] {nemo} ms invalimudated
[11:48] {nemo} ?
[11:49] {Threei}  yeah
[12:00] {vinod} any news on CTIC?
[12:01] {Threei}  nothing fresh
[12:01] {chinggis} Vad any read on FLEX?
[12:01] {dino} 6:16, form sc to-i/a ctic
[12:02] {dino} tender offer
[12:02] {nemo} sciatic problems?
[12:02] {Threei}  on intraday, no chinggis, too narrow... daily though is indicating possible swing trade as a breakout
[12:02] {chinggis} ok TY
[12:03] {Threei}  3.80 resistance to break
[12:03] {chinggis} ok
[12:04] {jfjf64} ms
[12:04] {Threei}  KONG
[12:05] {Threei}  attacking 52 week high
[12:05] {Threei}  and yesterday's high
[12:06] {dino} lol nemo
[12:06] {nemo} I can turn anything into manure
[12:13] {nemo} is Vad asleep?
[12:14] {Threei}  aint I always?
[12:14] {dino} no, he's just talking to obamination about becoming a canadian czar
[12:15] {nemo} Hail lord Vader
[12:15] {Threei}  lol
[12:16] {Threei}  we have a descendant of russian royalty trying to become a prime minister
[12:18] {dino} ctrp
[12:19] {nemo} did they announce earnings?
[12:21] {dino} couple days ago
[12:22] {Threei}  anyone liked KONG enough to try?
[12:24] {jfjf64} good day all     see ya  monday    vad   enjoy   seattle
[12:24] {Threei}  thank you jf, have a good one
[12:25] {dino} cya jf
[12:25] {Threei}  if you read in the weekend papers about someone throwing things from the Space Needle... you know what happened
[12:32] {Threei}  nice KONG move... second day in a row
[12:32] {dino} qsii stopped
[12:34] {dino} sm s ctrp .15
[12:35] {Threei}  okay guys, good finish for the week
[12:35] {nemo} Have a nice weekend Vad
[12:35] {Threei}  I'll bid you good bye,
[12:35] {Threei}  have a great relaxing weekend
[12:35] {magoo} take care vad
[12:35] {Threei}  off for my trip
[12:36] {dino} have fun vad
[12:36] {chinggis} take care vad
[12:36] {fernp} enjoy Vad
[12:37] {ese} take care vad

Thursday, May 28, 2009

May 28 2009

Very slow day but all the trades that it offered were profitable. Some developed fast, like EXEL and VNDA in the morning, some took their sweet time like  KONG, but all worked.                                                                                           
[08:05] {Threei}  EXEL Signs global license agreement for XL147 & XL765 and launch broad collaboration for discovery of PI3K Inhibitors with Sanofi-Aventis
[08:05] {Threei}  - Announced a global license agreement for XL147 and XL765 and a broad collaboration for the discove...more... (related SNY )
[08:24] {pita} gm all
[08:25] {nemo} pita
[08:25] {nemo} pita pan
[08:25] {Threei}  pita, nemo :)
[08:25] {nemo} pita is a type of bread
[08:25] {nemo} pan another word for bread
[08:25] {nemo} I need a lobotomy
[08:25] {pita} No, you're a grin
[08:26] {nemo} ty
[08:26] {pita} :)
06[08:27] * Threei sends nemo 200g of half-baked sense of humor
[08:27] {nemo} ahhhh....unleavened bread
[08:28] {pita} pita = pain in the ass
[08:28] {nemo} interesting
[08:28] {pita} call the janitor
[08:28] {pita} sorry
[08:29] {pita} potty mouth
[08:29] {nemo} actually, I'll find that acronym quite useful
[08:29] {Threei}  {janitor} waking up... frowning... looking at the floor with grim face expression... falling back asleep
[08:29] {nemo} must be union
[08:29] {Threei}  yeah
[08:30] {pita} ok, done
[08:30] {Threei}  *INITIAL JOBLESS CLAIMS: 623K V 628KE; CONTINUING CLAIMS: 6.788M V 6.745ME
[08:30] {Threei}  - Prior jobless claims revised from 631K to K
[08:30] {Threei}  - Prior Continuing Claims revised from 6.62M to ...more... (related SPY SHY EUR/USD USO IYM )
[08:30] {Threei}  *APR DURABLE GOODS ORDERS: 1.9% V 0.5%E; DURABLES EX-TRANSPORTATION: 0.8% V -0.3%E
[08:30] {Threei}  - Prior Durables revised from -0.8% to -2.1%
[08:30] {Threei}  - Prior Durables Ex Transportation revised from...more... (related EUR/USD SPY TLT SHY USO )
[08:35] {vinod} GM to all
[08:35] {Threei}  vinod :)
[08:35] {Threei}  EXEL... next VNDA/MAPP}
[08:40] {nemo} vino :)
[08:48] {Threei}  6
[08:49] {nemo} 6 what}
[08:50] {Threei}  ummm... dollars}
[08:51] {larisa} good morning :)
[08:51] {pita} are you playing this pre mkt}
[08:51] {Threei}  larisa :)
[08:51] {Threei}  scalped couple times...
[08:54] {fernp} good morning everybody
[08:54] {Threei}  fern :)
[08:57] {fernp} Vad, have you paid the bill to your ISP} :)
[08:58] {Threei}  ugh
[08:58] {Threei}  I did but someone else obviously didn't
[08:58] {Threei}  whole area went off liune for a few hours
[08:59] {pita} pullback area EXEL}
[09:00] {cosmo} 5.50}
[09:01] {Threei}  momo runner... no way to tell really, especially premarket
[09:07] {Threei}  BAC UPDATE: WSJ reports that Fed has quietly been informing banks that they will have to rely less on future earnings when determining capital raising plans (10.91, 0.00, 0.00%) (related WFC PNC )
[09:08] {ese} good morning
[09:08] {Threei}  ese :)
[09:09] {ese} hey vad....the morning report in trade the news is a good read to kind of bring you up to speed
[09:10] {Threei}  yup
[09:13] {ese} you had suggested this a while back but i had never really looked at it.....tks now though
[09:13] {chinggis} goodmorning
[09:13] {Threei}  chinggis :)
[09:14] {ese} shingis
[09:14] {ese} whoops ch
[09:14] {ese} typing keyboards should have been made bigger
[09:20] {ese} rimm price target 95 by cannacord.....dangerous stock....only mags has the nerve
[09:24] {magoo} morning
[09:24] {ese} mags
[09:24] {ese} am touting your trading prowess
[09:25] {Threei}  magoo :)
[09:25] {nemo} magus :)
[09:26] {dptl} good morning
[09:26] {jfjf64} mornin
[09:26] {Threei}  dp, jf :)
[09:28] {ese} dp jf
[09:30] {jfjf64} find another brcm  vad   tk  rest  day  off     lol
[09:30] {Threei}  well
[09:30] {Threei}  EXEL, .70 break
[09:30] {Threei}  if stays above .60
[09:30] {Threei}  kind of obvious play
[09:31] {ese} missed it
[09:31] {nemo} me too
[09:31] {vinod} me too
[09:32] {ese} fast
[09:32] {Threei}  GM *CNBC: NEW OFFER FOR BONDHOLDERS HAS BEEN ACCEPTED (1.30, 0.15, 13.04%)
[09:32] {Threei}  GM sharp spike
[09:32] {Threei}  halted or what
[09:32] {Threei}  no trades
[09:33] {ese} hmmm  what iis that
[09:34] {Threei}  NEW OFFER OF 15% NEW EQUITY AND WARRANTS FOR BONDHOLDERS
[09:34] {ese} too many orders maybe....they halt trading until it can be sorted out on the NYSE don't they
[09:34] {Threei}  Iranian President: Have increased enrichment capacity
[09:34] {magoo} CAT bounce vad}
[09:35] {Threei}  EXEL over 1:1
[09:35] {Threei}  hafl out .84
[09:35] {ese} on the bright side FITB is down.........it's working it's way down to buying territory
[09:35] {chinggis} out .85 TY
[09:35] {Threei}  chinggis :)
[09:35] {Threei}  hmmm CAT
[09:36] {Threei}  I would prefer one more selloff on it mags
[09:36] {Threei}  so it would show double bottom
[09:36] {Threei}  or something else readable
[09:36] {magoo} any news on it}
06[09:37] * nemo slaps dino around a bit with a large alarm clock
[09:37] {dino} ty
[09:37] {nemo} np
[09:38] {Threei}  downgraded to sell at UBS among others in the sector
[09:39] {Threei}  EXEL 1:2
[09:39] {Threei}  1/4 more out
[09:41] {Threei}  keeping stop under .70 for the last portion
[09:42] {Threei}  want gambling call}
[09:42] {Threei}  VNDA
[09:42] {Threei}  right here
[09:42] {Threei}  stop under 14
[09:42] {magoo} in .29
[09:42] {Threei}  gambling target 15
[09:43] {Threei}  GM Formal press release: Statement on U.S. Treasury''s 363 Sale Proposal (1.30, 0.15, 13.04%)
[09:44] {magoo} news FSLR vads}
[09:45] {Threei}  no
[09:45] {Threei}  OCLS non-stop
[09:46] {vinod} vnda in 14.22
[09:47] {magoo} gambling call ocls..6 
[09:47] {magoo} in .37
[09:48] {Threei}  GM open
[09:50] {Threei}  can trail VNDA stop to under .15 if you wish
[09:50] {ese} what did OCLS invent anyway
[09:51] {Threei}  OCLS Receives FDA Clearance for Microcyn Skin and Wound Gel
[09:51] {Threei}  - OCLS has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market its ... (1.20, 0.00, 0.00%) more...
[09:51] {ese} tks vad
[09:52] {pita} exel bounce point}
[09:53] {Threei}  doesn't look encouraging
[09:53] {magoo} housing # at 10
[09:53] {pita} k ty
[09:53] {Threei}  VNDA, spike over .50 for first partial
[09:53] {Threei}  here we go
[09:54] {Threei}  offer 1/4 more at .80
[09:54] {vinod} 0ut all 14.60
[09:55] {Threei}  and 1/4 at .95
[09:55] {vinod} see you after 13.30
[09:55] {pita} out too early vnda too
[09:55] {Threei}  take care vinod
[09:55] {pita} but ty 
[09:55] {Threei}  welcome
[09:55] {nemo} don't worry pita, when he said "gambling" I stood aside
[09:56] {pita} :)
[09:57] {magoo} laser DCC
[09:58] {magoo} LASER DCC
[10:00] {Threei}  *APRIL NEW HOME SALES: 352K V 360KE (% M/M)
[10:00] {Threei}  - Median sales price: $ v $201,400}} m/m (%); $ y/y (-% y/y) (lowest level since 2003).
[10:00] {Threei}  - New ...more... (related XHB TLT SPY )
[10:00] {Threei}  *Q1 MORTGAGE DELINQUENCIES: 9.12% V 7.88% PRIOR (Q4
[10:00] {Threei}  yikes
[10:04] {dino} sdxc, pnsn, nz
[10:06] {magoo} out ocls .74
[10:06] {magoo} TY vad
[10:06] {Threei}  wtg
[10:07] {dino} esi -4+ again 
[10:13] {ese} are you thinking double botom here somrwhere dino
[10:14] {magoo} vad, look at ocls high
[10:15] {Threei}  lol
[10:15] {nemo} gonna' have a bad shoulder to go along with that ankle
[10:15] {Threei}  1 cent, practically top-ticked it
[10:15] {nemo} call it Vad's Syndrome
[10:16] {dino} sdxc sm l .03
[10:17] {dino} es, on esi} thinking 88.60s
[10:17] {ese} tks
[10:18] {dino} about 2 weeks ago, did same move, then back to 103
[10:18] {nemo} stop on sdxc dino}
[10:18] {ese} ya am looking at that daily
[10:19] {dino} .73
[10:19] {ese} it's pretty much at support now but a couple of more bucks down wouldn't hurt it
[10:20] {dino} dlb sm l .75
[10:21] {dino} you may be right es
[10:23] {ese} i'd like to have a sm long position there me thinks.......Ed stocks are good alternative play these days......in times of trouble re-educate 
[10:24] {dino} in china they just throw you in camps for re-ed
[10:26] {ese} perfect....they should do that to some of the kids i teach......
[10:26] {larisa} they also throw you from the bridge when you sitting too long thinking to commit a suicide :)
[10:27] {dino} very efficeint
[10:27] {larisa} right
[10:27] {ese} very
[10:27] {ese} dino...what clubs are you playing these days...off topic
[10:28] {ese} went for a club fiting last night
[10:28] {dino} cobra ih's
[10:28] {dino} callaway driver
[10:29] {dino} 2 over after 5 last night, then blew up
[10:29] {ese} tks...had narowed it dn to titelist ap2's or cobra
[10:29] {dino} i've had 4 sets cobras over the years if you like a heavy club, they are good
[10:30] {ese} playing off 10 these days.....i want to come down and give you a game someday
[10:30] {ese} i do like heavy clubs....keeps it on plane better
[10:30] {dino} that would be fun es
[10:31] {ese} Mertle}
[10:31] {dino} thougyts on pnsn
[10:32] {nemo} Myrtle}
[10:32] {ese} nice tank....playing right into your hands
[10:32] {ese} yes.....Myrtle.....bad spelling
[10:32] {nemo} hangin' around Vad too long
[10:33] {nemo} around 9.43 dino
[10:35] {nemo} maybe 9.10  pnsn is haning in no man's land
[10:35] {nemo} hanging
[10:35] {ese} L FITB .52 
[10:36] {Threei}  done with VNDA, watching EXEL
[10:36] {Threei}  trying to determine whether we want to try it for bigger run
[10:37] {ese} out FITB .56 +.04 6 lots
[10:37] {Threei}  .80 support... if it defines long trigger by couple bumps onto resistance, will be more or less structured play
[10:37] {Threei}  .90 so far
[10:37] {Threei}  so....
[10:38] {Threei} Long Setup:  EXEL  .90 break if holding above .80
[10:38] {nemo} that didn't take long
[10:39] {Threei}  see if it re-establishes itself
[10:39] {Threei}  or go for the same break with les shares and stop under new support
[10:41] {magoo} rimm hit hard here
[10:41] {ese} sorry nemo were you referring to me there.......best way to play this game
[10:42] {nemo} no, exel to break support
[10:42] {dino} pnsn sm l .75
[10:42] {ese} ahhhh
[10:42] {nemo} what stop dino}
[10:43] {dino} .43
[10:43] {nemo} bottom of that tail on the hourly}
[10:43] {nemo} May 1st}
[10:44] {dino} too much thinking nemo, 1:1 = .33 cents i am a simple trader
[10:45] {Threei}  if you are into aggressive entries with their tradeoffs,
[10:45] {Threei}  .80 break
[10:45] {Threei}  woith stop under .75
[10:45] {Threei}  less chance of working
[10:45] {Threei}  smaller stop
[10:46] {dino} thoughts on ravn} -5 in 2 days
[10:46] {nemo} you say I think too much
[10:46] {Threei}  almost no trading on it dino...
[10:47] {Threei}  hate to see such low activity on stock that sells off that much
[10:47] {ese} whats that an indicator of normally vad.....
[10:47] {Threei}  lack of interest from buyers
[10:47] {ese} it's been manipulated}
[10:48] {Threei}  despite big drop
[10:48] {dino} ty
[10:48] {Threei}  1:1 for aggressive entry EXEL
[10:48] {Threei}  half out
[10:48] {Threei}  or scalp
[10:49] {Threei}  no one went for it}
[10:50] {Threei}  why am I still here... brilliant sunshine outside, no one takes my brilliant calls inside...
[10:51] {ese} L EBAY .73
[10:52] {ese} this has to be quick...gotta go teach in 20
[10:52] {Threei}  as a revenge, I firmly promise to leave you tomorrow earlier
[10:52] {nemo} Ohhhh...so it wasn't internet problems
[10:52] {Threei}  it was
[10:52] {jfjf64} i got  it  vadd   ty   
[10:52] {Threei}  but tomorrow it won't be
[10:52] {ese} nooooooooooo don't do it VAD!!!!!!!
[10:52] {nemo} yeah, my grandmother just died...for the 4th time
[10:53] {Threei}  aww jf
[10:53] {Threei}  say it ain't so
[10:53] {Threei}  you are just trying to keep me whole day tomorrow
[10:53] {jfjf64} out.89
[10:53] {nemo} what quote and chart server vad}
[10:53] {Threei}  13 - 2
[10:54] {Threei}  on serious note though, I'll be in half of the day tomorrow
[10:54] {nemo} which half
[10:54] {Threei}  with latest market tendency to lose activity after noon, I expect it to ve even more true on Friday,
[10:55] {Threei}  so if you don't mind, I'll go for a quick over the ewekend dash to Seattle
[10:55] {nemo} All those in favor say, "I"
[10:56] {nemo} eye
[10:56] {ese} have a great time down there.....it's a nice town......i like it
[10:56] {Threei}  ty
[10:56] {nemo} Mmmmmmmhhhhhh}
[10:56] {Threei}  and Victoria Clipper is a nice experience too, they say
[10:56] {ese} stop on EBAY is .60 by the way
[10:56] {nemo} All those opposed say, "No"
[10:56] {jfjf64} nice trout
[10:56] {jfjf64} lol
06[10:56] * Threei unholsters the trout
[10:56] {dino} tighten sdxc to .98 thing won't move
[10:56] {nemo} knew that was coming
[10:56] {nemo} total apathy amongst the quorum
[10:57] {nemo} Might as well leave now Vad
[10:57] {Threei}  lol
[10:57] {nemo} you can put the trout away
[10:57] {Threei}  ok, another question then
[10:57] {dino} you say something vad}
[10:57] {Threei}  anyone watched that show}}
[10:58] {nemo} the flower show}
[10:58] {Threei}  yes
[10:58] {nemo} yes
[10:58] {nemo} beautiful place
[11:00] {jfjf64} finnies  movin
[11:00] {Threei}  *DOE CRUDE: -5.4M V -700KE; GASOLINE: -537K V -1.5ME; DISTILLATE: +250K V +1ME
[11:05] {Threei} Long Setup:  KONG  .15 half lot
[11:05] {dino} rallllllllllllllly
[11:05] {ese} out ebay .83   +.10   took my 2 lots....have to go teach see you all in an hour and a bit
[11:06] {Threei}  take care ese, good job
[11:06] {nemo} stop
[11:08] {dino} cya es
[11:10] {dino} pnsn stuck in puddle of mud, tighten to .59
[11:10] {dino} sdxc to .32
[11:14] {jfjf64} wfcpull bk   vad}}
[11:14] {dino} to .39
[11:14] {Threei}  not sure jf
[11:16] {Threei}  Gartner: Companies are not spending as much; IT budgets are down
[11:16] {dino} to .43
[11:16] {Threei}  no really}
[11:16] {Threei}  why wouldn't they
[11:16] {dino} out sdxc reverse slip .44, +.41
[11:18] {Threei}  Hearing BoA making positive comments on Drybulk Shipping
[11:18] {dino} dmnd
[11:21] {Threei}  GM To reportedly file for bankrupcty protection June 1 - unconfirmed report (7.81, 0.09, 1.17%)
[11:22] {dino} shocking
[11:22] {Threei}  one thing I can't understand
[11:22] {Threei}  why is it still trading}
[11:23] {Threei}  bankruptcy is certaine, common will be whiped
[11:23] {Threei}  what do I miss}
[11:23] {dino} palm
[11:25] {dino} dk 3i, dk
[11:33] {dino} esi double bottom maybe
[11:38] {dino} gold
[11:39] {wulff} RIMM is bouncing all over
[11:40] {dino} palm too
[11:41] {dino} dlb stuck stop to flat
[11:41] {dino} apol at lod
[11:49] {Threei}  yawn
[11:50] {dino} ditto
[11:52] {chinggis} Vad any read on CREE}
[11:52] {Threei}  not really... it's in the coma
[11:52] {chinggis} ok ty
[11:53] {pita} gotta go, cu all later
[11:53] {chinggis} sorry i made mistake ..stock symbol was FREE
[11:54] {Threei}  take care pita
[11:56] {Threei}  FREE reported nice earnings, but overall batlic dry index sector lakclustre performance weighs on it
[11:56] {Threei}  hard to tell... no life
[11:56] {chinggis} ok , 5 mint looks like about to break resist., ty
[11:58] {larisa} BRCM wants to flirt with 25 today I bet
[11:58] {Threei}  with any market help it should larisa
[11:59] {dino} nice way to say it larisa
[12:00] {larisa} trying to entertain myself :)
[12:07] {magoo} .
[12:07] {dino} dlb stopped flat
06[12:09] * Threei , with his characteristic childish curiosity, is asking KONG whether it's going to move this century
[12:13] {dino} kong simply replies, "no"
[12:27] {dino} .
[12:28] {Threei}  shhh dino
[12:28] {Threei}  KONG made an uptick
[12:28] {Threei}  don't scare it now
[12:28] {larisa} boo!
[12:28] {Threei}  awwww
[12:31] {dino} lol
[12:32] {nemo} is Larisa blonde}
[12:32] {Threei}  whew... larisa, so far you haven't killed it but just in case... don't do it again
[12:32] {Threei}  I mean 2 upticks in a row within 12 minutes}}
[12:32] {Threei}  gotta value this highly
[12:33] {Threei}  mama mia
[12:34] {Threei}  3rd uptick
[12:34] {Threei}  what's going on
[12:34] {larisa} nemo, please be respectful to blondes :)
[12:34] {dino} hubba hubba
[12:34] {nemo} just checking...maybe you can do the Fay Ray thing in front of Kong
[12:35] {larisa} no :) I am redhead, but all girls are sisters :)
[12:36] {larisa} i think
[12:36] {nemo} boy...do I know it
[12:36] {larisa} lol
[12:37] {dino} pnsn stopped .58 -.17
[12:38] {nemo} is the paint dry yet}
[12:39] {Threei}  no but grass sure is growing
[12:39] {nemo} yeah, it's pretty loud
[12:40] {chinggis} any read on DRYS Vad}
[12:41] {Threei}  7.20 begs to be bought
[12:41] {Threei}  it'sa just so slow all around
[12:41] {chinggis} ok TY
[12:41] {Threei}  I don't know how to handle this torture, lol
[12:41] {Threei}  but hey
[12:41] {Threei}  KON is up 0.5:1
[12:41] {Threei}  KONG
[12:42] {dino} sm l apol.50
[12:42] {chinggis} missed KONG
[12:42] {Threei}  umm
[12:42] {Threei}  chinggis...
[12:42] {Threei}  considwering the speed with wich it developed, I have no idea how you can miss it, lol
[12:42] {chinggis} i was looking other stocks and missed
[12:43] {ese} like a bad dream..........i'm back
[12:43] {nemo} more like syph
[12:43] {Threei}  you can fall asleep at the moment of the call, wake up in an hour and it still wouldn't be late to buy it
[12:44] {chinggis} lol
[12:45] {ese} hmmmmmm drys...2 day high
[12:46] {nemo} what was the stop on Kong}
[12:47] {Threei}  either 9 or 9.05... I like 9 more
[12:48] {Threei}  9.05 was valid chart wise but a bit too close for the comfort on a relatively thin stock
[12:48] {nemo} .6667:1
[12:48] {dino} immr
[12:49] {Threei}  1:1
[12:49] {Threei}  1 hour 45 minutes
[12:49] {Threei}  lol
[13:03] {dino} slow day
[13:06] {ese} I think were going to have about 3 or 4 up days...end/beginning of month type thing then down for a while maybe summer
[13:10] {dino} no idea here
[13:10] {ese} just trying to formulate my summer drinking plan......has to revolve around trading
[13:11] {dino} lol
[13:12] {dino} apol stop to .80
[13:13] {ese} Lemon Chello to start on down market days......tends to make down stocks really look down so that you can really go short.   wine coolers on up days ....not getting as loaded therefore able to asses risk much better and not go long too many shares......
[13:13] {magoo} LASER DCC
[13:13] {magoo} LASER DCC
[13:14] {magoo} oh, he left'
[13:14] {dino} wow you thought that out
[13:14] {Threei}  lol
[13:15] {dino} apol to .99
[13:15] {ese} definetly
[13:15] {ese} have of it will be in Vads back yard
[13:15] {ese} half
[13:16] {Threei}  what happened}
[13:16] {ese} will be lying comatose by the barbecue.......he will then be able to just drop food in my mouth
[13:16] {Threei}  lol
[13:20] {Threei}  server dump}
[13:20] {larisa} just you
[13:20] {Threei}  look at people dropping out like flies
[13:21] {magoo} vad..is dave having computer issues do u know}
[13:21] {magoo} he was yesterday
[13:21] {Threei}  I'd think so, he told me he should be OK on Monday
[13:22] {magoo} oh, and the room dump} u insult everyone } {again..lol}}
[13:37] {Threei}  well mags
[13:37] {Threei}  I have this book,
[13:37] {Threei}  The Ginat Book of Insults
[13:37] {nemo} who was Ginat}
[13:37] {Threei}  I really need to find pratcical application for it, don't I
[13:37] {Threei}  Giant
[14:03] {nemo} Mmmmhhhh...not many came back
[14:04] {Threei}  none actually
[14:05] {Threei}  i wonder if some routes are cut off
[14:10] {magoo} we in anything boss}
[14:10] {nemo} coma}
[14:12] {magoo} now im gong to p@ss him off
[14:12] {magoo} ...we missing alot of dough
[14:13] {larisa} RIMM is active, magoo, you do not need vad for that :)
[14:13] {nemo} dcc mags
[14:13] {Threei}  wth are we mising}}
[14:17] {Threei}  you know it's beyond slow when DVAX buyout rumors appear
[14:18] {larisa} $5 RIMM will take 80 and BRCM 25 today.. 
[14:18] {nemo} Geez, going out on a limb there Larry-BRCM already hit 25, and RIMM is all of 30 cents away
[14:19] {larisa} lol
[14:20] {nemo} somethin' is going on with the net today.  My page changes are slow
[14:22] {larisa} keep calling me man's name and it will be even slower!  :)
[14:23] {nemo} ooooooohhhhh...I'll start burning diagrams
[14:24] {nemo} this market is weird
[14:25] {larisa} if it is earnings run on RIMM, it is impressive
[14:50] {Threei}  housing market in Canada sees multiple bids above asking price
[14:50] {Threei}  wow
[14:50] {Threei}  what crisis}
[14:53] {dptl} have a good evening all
[14:53] {Threei}  take care dp
[14:53] {nemo} P&Q DP
[14:53] {nemo} room kinda' drifts without Dino's adult supervision
[14:57] {magoo} here comes 3 pm..we gonna run up or sell to hell}
[14:58] {Threei}  feels to me up
[14:58] {Threei}  but run is too strong
[14:58] {Threei}  crawl}
[15:01] {Threei}  more interesting question is,
[15:01] {Threei}  will market become more active next week
[15:01] {Threei}  after month ends
[15:02] {magoo} jesus..i hope so
[15:05] {Threei}  GM Mainstreet Bondholders reject new GM offer (13.68, -0.01, -0.07%)
[15:05] {Threei}  huh}
[15:05] {Threei}  make up your mind, bondholders
[15:05] {nemo} probably want to force it into court
[15:05] {Threei}  it was reported as done deal this morning
[15:06] {nemo} So, you read it on the internet must be true
[15:07] {nemo} GM bondholders now have until 5 p.m. EDT on Saturday to indicate they will not try to block a bankruptcy sale process.
[15:11] {Threei}  anyone went for DRYS 7.20 break}
[15:12] {nemo} didn't know about it
[15:15] {nemo} I'm done for the day.  P&Q
[15:19] {Threei}  take care nemo
[15:20] {Threei}  [12:40] {chinggis} any read on DRYS Vad?
[15:20] {Threei}  [12:41] {Threei} 7.20 begs to be bought
[15:20] {Threei}  [12:41] {Threei} it'sa just so slow all around
[15:32] {Threei}  SATC Hearing Changewave making positive comments (25.70, 0.24, 0.94%)
[15:32] {magoo} VNDA trying vad
[15:32] {Threei}  lookwd it at mags... doesn't feel right
[15:32] {magoo} thats why i ask :)
[15:33] {Threei}  JNPR Rpeortedly discusising deal with IBM; no deal yet imminent - unconfurmed report (4.28, 0.00, 0.00%) (related IBM )
[15:51] {Threei}  strong finish
[15:51] {Threei}  but no ruinning
[15:51] {Threei}  like we foresaw, crawl up
[15:51] {magoo} RIMM animal
[15:52] {Threei}  okay guys, thank you all
[15:52] {Threei}  have a good evening, see you tomorrow
[15:52] {magoo} ty vad..all