Jun 04 2009

Mostly boring and narrow day. Something worked, something didn't... all in all, most of it balanced each other out. 

Session Time: Thu Jun 04 00:00:00 2009

[08:30] {Threei}  *INITIAL JOBLESS CLAIMS: 621K V 620KE

[08:30] {Threei}  CONTINUING CLAIMS: 6.735M V 6.855ME

[08:33] {pita} gm all

[08:33] {nemo} pita :)

[08:33] {pita} Capt'n

[08:34] {Threei}  pita, nemo :)

[08:34] {magoo} morning

[08:34] {Threei}  magoo :)

[08:34] {nemo} magus

[08:34] {magoo} :)

[08:34] {nemo} What up with the ankle magister?

[08:35] {magoo} oh, ty for asking

[08:35] {magoo} had super good report off xray

[08:35] {nemo} great

[08:35] {magoo} can stop using crutches and walk on it

[08:35] {pita} that is great

[08:35] {magoo} just cautious

[08:35] {nemo} especially considering you were walking on it for a week before you knew

[08:36] {pita} ankles are a pain

[08:36] {nemo} very important though

[08:36] {pita} so to speak

[08:36] {nemo} you screw up the way you walk, you end up screwing up your back

[08:37] {Threei}  AGEN again

[08:38] {magoo} and new 1..hgsi

[08:38] {Threei}  OCLS too

[08:38] {nemo} treasure trove today huh?

[08:38] {pita} any thoughts UNG?

[08:39] {Threei}  not by me

[08:41] {Threei}  couple interesting daily charts with potential of break if this bio hoopla continues:

[08:41] {Threei}  IMMU

[08:41] {Threei}  VVUS

[08:43] {Threei}  yesterday's TELK attempt to move maybe deserves keeping an eye on

[08:45] {ese} good morning

[08:45] {pita} morning ese

[08:45] {Threei}  ese :)

[08:45] {Threei}  US) Fed Chairman Bernanke: Financial crisis shows the need for more economic research; no comments on monetary policy

[08:53] {ese} hey pita ...Vad

[08:53] {ese} sorry was making coffee......

[08:54] {ese} have to find a hypodermic needle somewhere to inject it.....

[08:55] {larisa} good morning :)

[08:55] {Threei}  larisa :)

[08:56] {nemo} Lari :)

[08:56] {larisa} :)

[08:57] {ese} larisa

[08:57] {larisa} hi ese

[08:59] {Threei}  NVAX UPDATE: Novavax and the NIH Agree to Evaluate a Virus-like Particle (VLP) Vaccine Candidate Against the Novel Influenza A (H1N1) Virus (1.87, 0.00, 0.00%)

[09:01] {ese} bank of canada leaving interest rate unchanged 0.25% gotta love it

[09:01] {ese} it's much cheater for Vad myself and dp to live

[09:02] {fernp} good morning everybody

[09:02] {Threei}  fern :)

[09:02] {nemo} fern ese :)

[09:03] {nemo} ese you mainline the coffee?

[09:03] {ese} definately!!!!

[09:03] {nemo} that first 10 minutes must be something

[09:03] {ese} was vads idea with his coffee

[09:04] {ese} Vad has a special black coffee that they use for re-paving roads

[09:05] {nemo} seal driveways

[09:05] {ese} yup

[09:05] {nemo} kill cockroaches

[09:05] {ese} yup

[09:05] {ese} although to be honest ...i haven't tried that application

[09:06] {ese} but in my mind it would no doubt work

[09:06] {pita} get your buzz on.

[09:06] {ese} yup

[09:07] {larisa} my enthusiast friend prepared coffee with the garlic for me at the last party..  I  got killed like that cockroach :)

[09:07] {ese} garlic???? really?

[09:07] {nemo} coffee and garlic....appeals to the italian in me, but....nahh

[09:07] {Threei}  that redefines enthusiasm

[09:08] {pita} coffee breath with a garlic kicker!

[09:08] {ese} i'll say

[09:08] {pita} never heard of that

[09:08] {ese} me either

[09:08] {larisa} yup, it is well known reciepe he said.. I want to forget it forever

[09:08] {Threei}  you need to introduce sanity check in your friends selection process, larisa {G}

[09:10] {larisa} I like new things what can you do.. nobody else even tried it :) 

[09:12] {vinod} GM

[09:13] {Threei}  vinod :)

[09:13] {pita} what's with the banks?

[09:14] {Threei}  FITB Completes $1B Common Stock Offering

[09:14] {Threei}  - The program was increased in size from $750 million to $1 billion and has been completed

[09:16] {dptl} good morning all

[09:17] {Threei}  dp :)

[09:18] {_traderw} goodmorning

[09:19] {ese} dp trader!

[09:20] {Threei}  traderw :)

[09:24] {pita} where's the action Vad?

[09:24] {jfjf64} mornin

[09:24] {Threei}  AGEN Enters securities exchange agreement with Tang Capital - filing (24.90, 0.00, 0.00%)

[09:24] {Threei}  jf :)

[09:24] {Threei}  some in small bios pita

[09:25] {Threei}  overall, market mostly flat

[09:25] {cosmo} CIEN firms

[09:27] {magoo} vad, news FSLR?

[09:29] {pita} drys

[09:29] {ese} 10 ,9,8,7,6,5..................

[09:29] {Threei}  a few hours ago:

[09:29] {Threei}  Hapoalim Securities Analysts see Chinese solar names slashing modules prices - Barron's

[09:29] {Threei}  - States that Hapoalim sees major names including Yingli, Suntech and Trina offering modules at 1.1

[09:31] {nemo} mmmmhhhh....dino slacking this morning

[09:32] {ese} L fitb .90

[09:33] {Threei} Long Setup:  AVII  .65 break if stays above .60

[09:34] {dino} gm all

[09:34] {Threei}  dino :)

[09:34] {dino} axys takeover

[09:34] {Threei}  not a scalp for me

[09:36] {nemo} didn't get it @ .66, how far safe to buy

[09:36] {Threei}  you know where the stop is

[09:37] {Threei}  it's only a matter of your tolerance and expectations for the trade

[09:39] {dino} rog

[09:40] {vinod} in 1.67

[09:40] {nemo} partially in

[09:41] {dino} sm risky, s rog .23 wide

[09:42] {Threei}  Morgan Stanley's Roach: those looking for a V shaped recovery are "in fantasy land"

[09:42] {dino} i agree

[09:42] {ese} out fitb .09 +.09

[09:42] {ese} sorry .99

[09:43] {nemo} how many of the little buggers?

[09:43] {Threei}  OCLS loses ties to reality again

[09:43] {ese} 5k

[09:44] {patience} nice ese   :)

[09:44] {ese} markets heading up but it doesn't seem to want to break by 7

[09:44] {ese} tks

[09:45] {Threei}  good thing I sold in time:

[09:45] {Threei}  Analysts at Fitch comment on Russian and Ukrainian real estate markets

[09:45] {Threei}  - Sees both markets lacking in liquidity

[09:45] {Threei}  lol

[09:46] {ese} too funny......got alot of property in Siberia Vad?

[09:47] {cosmo} siberia could be a winner from 'climate change'  ...ya know

[09:47] {nemo} yeah, for the insects

[09:47] {cosmo} bees?

[09:47] {nemo} blood sucking insects

[09:48] {nemo} partially in more

[09:49] {nemo} all in

[09:49] {ese} the attraction of having big bay windows overlooking a neuclear waste site is very appealing to some

[09:49] {Threei}  OCLS... momo players, watch it for possible anti-gravity move

[09:52] {vinod} I think I need a second screen

[09:52] {Threei}  I'll say

[09:52] {dino} yes

[09:52] {vinod} how many screen you guy use

[09:52] {Threei}  I have 4 and sometimes think maybe couple more would be nice

[09:53] {Threei}  well, I have couple more but they are on separate computer

[09:53] {vinod} now I know why you guys are too fast

[09:54] {larisa} just buy one 42" and you will be fine

[09:54] {pita} bounce point for OCLS?

[09:54] {vinod} THANKS larisa

[09:55] {Threei}  4.60 break from here pita

[09:55] {Threei}  if stays above .50

[09:55] {dino} i have 2 w/about 6 windows open

[09:55] {dino} rog stopped .56 -.33

[09:59] {Threei} Long Setup:  WFC  .35 break if holding above .30

[10:00] {Threei}  CFTC Chairman Gensler: Derivatives operators should register with US regulators (related ICE CME )

[10:01] {magoo} in .35

[10:04] {ese} l fitb .87

[10:05] {ese} out fitb .92

[10:05] {nemo} out wfc

[10:05] {ese} +.05

[10:05] {Threei}  no worky

[10:05] {fernp} stopped

[10:09] {Threei}  OCLS re-stablished

[10:10] {Threei}  same setup

[10:13] {larisa} ese, you use any technical indicators when timing your trades, or just pure tape reading ? if you do not mind sharing :)

[10:13] {dino} sm l itri .90

[10:15] {Threei}  (US) Treasury TARP Admin nominee Allison: Likely to see some TARP repayments next week

[10:15] {ese} Hi Laris....not really ....mostly volume , momentum and indexs......indicators aren't that effective for scalping i've found.  I look for the patterns in Vads book...higher lows, lower highs type of thing

[10:16] {larisa} I see, tks. I like your timing skilld

[10:16] {larisa} d=s

[10:16] {ese} ie fitb right now...forming a higher low....will wait to see what the qqqq does and make a decision.

[10:17] {ese} dinos and vads is better

[10:17] {ese} still a rookie

[10:19] {ese} and even then i goof.....missed fitb

[10:20] {dino} es i have to say you are out earning me w/the size of your trades

[10:21] {ese} L  fitb .96

[10:21] {ese} out fitb .99 +.03 6k

[10:22] {ese} one thing is certain...Vads scalping is the only way to go....up $700 and change so far this morning

[10:23] {dino} gj

[10:23] {ese} tks

[10:23] {Threei}  OCLS over 1:1

[10:25] {ese} maybe some days but  dino but overall your more consistent......i still have a ways to go yet

[10:25] {tomg} ty ocls vad

[10:25] {Threei}  welcome

[10:25] {Threei}  over 1:2

[10:26] {Threei}  pita... got it?

[10:26] {Threei}  that was a call by your personal request

[10:26] {Threei}  I would call it "pita call"

[10:27] {tomg} ty pita

[10:27] {ese} l fitb .03

[10:28] {tomg} nvax vad?

[10:28] {dino} cah off of .00 sm l

[10:28] {tomg} i have 300 at 1.90

[10:29] {Threei}  gosh

[10:29] {Threei}  what do you want from it, triple? :)

[10:29] {tomg} had it a couple of weeks

[10:29] {Threei}  NVAX is momo play in my eyes...

[10:29] {tomg} so sell here, u think?

[10:29] {Threei}  I know this stock for many years

[10:29] {Threei}  not once did it hold its gains for any extensive period of time

[10:30] {Threei}  how about this:

[10:30] {Threei}  if has this .80 - .85 zone resistance to break,

[10:30] {nemo} Dino, on break of 30 cah

[10:30] {Threei}  it has support on intraday at .65, then at .40

[10:31] {Threei}  let it break if it will,

[10:31] {dino} y

[10:31] {tomg} ok, ty 

[10:31] {Threei}  put stop for 200 shares under .65 and for 100 under .40,

[10:31] {Threei}  if it breaks, trail to under .65 for all sgares

[10:31] {ese} out fitb .10 +.07 

[10:32] {tomg} ok, will do that, ty

[10:32] {Threei}  and if it spikes, you'll have to ask again... :)

[10:32] {tomg} ok :)

[10:32] {Threei}  hard to tell in advance what to do when/if it moves

[10:32] {Threei}  gotta see actual way it moves

[10:32] {Threei}  ese... this time I joined you in FITB

[10:32] {dino} ung

[10:32] {fernp} gj ese

[10:32] {Threei}  .04 - .10

[10:33] {fernp} i am out too FITB

[10:33] {Threei}  quite a few little buggers

[10:33] {Threei}  ese turned FITB is personal ATM

[10:34] {ese} no just 4.5 k on that one should have been the 6k

[10:34] {magoo} UNG vad

[10:34] {magoo} crash

[10:34] {ese} nice job fern

[10:34] {Threei}  I took 7 ese

[10:34] {Threei}  mags

[10:34] {Threei}  *EIA NATURAL GAS INVENTORIES: +124 BCF VS. +115 TO +120 BCF ESTIMATE RANGE (related UNG )'

[10:34] {Threei}  that's why

[10:34] {ese} nice vad

[10:34] {magoo} ty

[10:35] {ese} ya saw that too

[10:36] {Threei}  wow

[10:36] {Threei}  can I have mulligan?

[10:36] {nemo} on what

[10:36] {ese} laris....heres the thing i've really learned.....FITB is taking off.......this used to drive me crazy.....but not anymore.....there will be another day and time

[10:37] {larisa} :)

[10:37] {dino} there are better worlds than these huh es

[10:37] {ese} that used to kill me in an earlier trading career

[10:37] {ese} it was the damn!!! i should have stayed in....and when i did that....i got killed

[10:38] {ese} i'm up 1k now.....good enough......time to pair down for the rest of the day

[10:40] {ese} drfinately dino....especially when i get out there on links with you at Myrtle

[10:41] {dino} :), some day es

[10:42] {ese} you bet!

[10:42] {Threei}  STSI Hearing positive comments (timing uncertain) (5.12, 0.39, 8.25%)

[10:43] {Threei}  - Chatter that group to recieve positive ruling from on-going court case

[10:44] {Threei}  should pull back now

[10:46] {Threei}  Update: RBC analyst raises US banking sector to Overweight; sees multi year bull market for the sector

[10:47] {ese} whoa ho ho!!!!!

[10:47] {dino} fdo

[10:47] {Threei}  forecasts many banks returning to normalcy in 2012

[10:48] {nemo} that's a long way away

[10:48] {fernp} BAC breaking hod

[10:48] {Threei}  freakin WFC

[10:48] {fernp} yeah

[10:49] {nemo} is that the Mulligan?

[10:49] {Threei}  FITB doesn't follow

[10:51] {ese} yes...thats interesting

[10:57] {dino} itri stop to .30

[10:58] {dino} out itri .36 +.46

[11:00] {Threei}  US Treasury to sell $35B 3-year notes, $19B 10-year notes and $11B 30-year bonds (related TLT SHY )

[11:02] {dino} fdo sm l .24

[11:04] {ese} gj dino

[11:04] {nemo} out avii

[11:05] {dino} ty

[11:06] {vinod} C going to issue 60B share, stock is up 6%.  I have to be more than crazy to understand this

[11:06] {nemo} Yeah, 4X the stock that is outstanding-go figure

[11:09] {vinod} just notice AVII got stoped

[11:09] {Threei}  OGXI....sheesh

[11:09] {Threei}  another gravity denier

[11:11] {vinod} All of this biotech is weird

[11:15] {Threei}  narrow day...

06[11:16] * Threei slaps KSystems around a bit with a large and loud request to look at dcc

[11:19] {dino} esi apol

[11:19] {KSystems} oh

[11:19] {Threei}  sorry to wake you up

[11:20] {KSystems} yup, its done

[11:20] {KSystems} you think OGXI could reach 30?

[11:20] {Threei}  30 is far from here

[11:20] {KSystems} I'm in since 19.13

[11:20] {Threei}  but gee, it shows no signs of slowing down

[11:21] {KSystems} {{{--- dirty swinger

[11:21] {larisa} :) 

[11:21] {KSystems} oops

[11:21] {KSystems} not what you're thinking

[11:21] {nemo} mmmmhhhhhh

[11:21] {nemo} sure

[11:21] {Threei}  people volunteer so much information about themselves lately...

[11:21] {KSystems} didnt remember there were girls in here

[11:22] {nemo} so I should keep my homicidal thoughts to myself ???

[11:22] {KSystems} depends on motivation nemo

[11:22] {nemo} You into Schaafen

[11:22] {KSystems} WTF

[11:22] {KSystems} VAD!!

[11:22] {nemo} hehehehehehehehe

[11:22] {Threei}  what? I don't speak German

[11:24] {Threei}  OGXI is about to jump through 24

[11:24] {magoo} vad..looky rimm here

[11:25] {Threei}  can't tell mags... 50/50

[11:25] {magoo} ok

[11:27] {nemo} OGXI heard you

[11:27] {nemo} said..nah

[11:43] {Threei}  CAT Reportedly in talks with Transneft regarding equipment sales (37.64, 0.98, 2.67%) (related RSX )

[11:44] {dino} apol sm l .47

[11:46] {Threei}  TIVO again??

[11:46] {nemo} yeah popped earlier

[11:50] {jfjf64} x   strength 

[11:52] {pita} Thanks guys for the personal attention an hour or so ago - wouldn't you know I'd miss the action attending to home chores... :(

[11:52] {Threei}  ugh

[11:52] {pita} reviewing the log lets one know all that was missed

[11:52] {nemo} Hope you got out of avii?

[11:52] {jfjf64} ms

[11:53] {pita} yeah, small loss

[11:54] {pita} learned not to walk away with open trades

[11:54] {pita} the painful way

[12:01] {jfjf64} x on pullback vad  any  read

[12:02] {Threei}  probably off 35 but keep an eye on broadfer market

[12:02] {Threei}  this pullback coincides with market retreat

[12:02] {jfjf64} ty

[12:06] {nemo} David Carradine found dead..suicide

[12:07] {pita} the perils of stardom

[12:08] {jfjf64} in 12   out  22

[12:08] {Threei}  :)

[12:08] {jfjf64} half

[12:10] {jfjf64} what  ya  read

[12:11] {dino} gj

[12:12] {dino} are the days slow lately or is it just me

[12:12] {dino} markets seem dead from 11-3

[12:12] {nemo} you did 10 trades yesterday Dino

[12:13] {Threei}  the slowest in couple years, dino

[12:13] {nemo} Vad's been doing 2 or 3 over the last week

[12:13] {jfjf64} out

[12:13] {dino} you counting my trades?

[12:13] {nemo} Yeah

[12:13] {larisa} lol

[12:14] {dino} how am i doing?

[12:14] {nemo} 4 today, waiting for cah to break 30

[12:15] {dino} lol

[12:15] {dino} how about esi

[12:15] {nemo} esi is easy......FITB

[12:16] {dino} itri?

[12:17] {dino} gap filled fromfri close

[12:17] {nemo} 58.90 entry

[12:17] {dino} out at 59.36 long time ago

[12:18] {nemo} yeah

[12:18] {nemo} forgot the first one you stopped on

[12:18] {nemo} sitting in apol and fdo

[12:19] {dino} rog, thing is still going up

[12:20] {nemo} you still in rog, ahhh missed that one

[12:20] {nemo} Hard to buy a stock that sounds like the name of a neanderthal

[12:21] {dino} no stopped out 

[12:21] {nemo} yeah, that was the stop

[12:21] {nemo} had it as a blank...psychological that rog thing

[12:24] {Threei}  XOMA Hearing positive call from RBC

[12:24] {Threei}  interesting

[12:24] {Threei}  RBC notes that upcoming data at ADA should boost the name

[12:25] {Threei}  not often you see RBC commenting on such cheapies

[12:25] {Threei}  and look at daily

[12:25] {Threei}  C&H with .10 to break

[12:25] {Threei}  long in the making

[12:27] {jfjf64} still valid

[12:27] {Threei}  sure

[12:31] {vinod} look like nothing going?

[12:31] {Threei}  OGXI over 24

[12:31] {Threei}  as foretold

[12:31] {nemo} ROG broke top

[12:33] {pita} cu all tomorrow

[12:33] {magoo} be bacxk hour

[12:33] {Threei}  take care pita

[12:33] {nemo} X keeps going too

[12:39] {Threei}  XOMA not a scalp for me

[12:40] {nemo} what's the stop?

[12:40] {jfjf64} what  ya  stop

[12:40] {nemo} jf!!!

[12:40] {dino} rallllllllllly

[12:40] {Threei}  sheesh, you two

[12:41] {Threei}  what do you think? :)

[12:41] {nemo} now Dino...you'll piss off Larry

[12:41] {jfjf64} just  under .05

[12:41] {Threei}  that would be scalping stop

[12:41] {Threei}  for a trade, under 1

[12:42] {jfjf64} ty

[12:43] {nemo} bummer

[12:44] {dino} apol stop to .87

[12:44] {Threei}  and for a swing, under .95

[12:45] {dino} out apol +.40

[12:46] {larisa} gj

[12:47] {dino} ty

[12:51] {KSystems} thanks for OGXI vad

[12:51] {dino} esi lod

[12:59] {dino} cah sm l .00

[13:05] {dino} tighten cah to .93 not acting right

[13:05] {nemo} no, it have a strong move off the bottom

[13:06] {nemo} had

[13:06] {dino} yeah, that might be it

[13:09] {nemo} two supports .93 and .80ish (not to be confused with Threeish)

[13:10] {dino} cah stopped -.07

[13:18] {dino} fdo stop to .54

[13:19] {dino} to .59

[13:22] {dino} out +.35

[13:24] {magoo} back

[13:32] {magoo} in anything vad?

[13:32] {Threei}  XOMA

[13:32] {Threei}  possibly for overnight hold

[13:36] {Threei}  PALM... climbing and climbing and...

[13:38] {Threei}  new high

[13:38] {Threei}  XOMA that is

[13:41] {Threei}  PALM .40 was lwegit setup... why did I ignore it... :(

[13:42] {dino} t l .35

[13:48] {ese} hi everyone....left abruptly to go teach...lost track of time

[13:48] {fernp} bye ese

[13:49] {fernp} hi

[13:49] {ese} and nowwww....just signing in to sign off agian...see ya tomorrow

[13:49] {Threei}  lol

[13:49] {Threei}  that was brief

[13:49] {ese} take care

[13:49] {nemo} musicians

[13:49] {ese} yup....don't want to be rude

[13:49] {jfjf64} x 36 break

[13:55] {Threei}  climb little XOMA, climb

[14:07] {nemo} CAH again Dino, might be making a C&H

[14:08] {nemo} market feel up towards the end?  Big run?

[14:09] {dino} can't get thru .00 imo

[14:11] {dino} sm l .00 esi

[14:19] {nemo} what was your stop dino?

[14:19] {dino} lod

[14:20] {nemo} where is it now then?

[14:20] {dino} +.41

[14:21] {dino} oopps, .19

[14:21] {dino} mAKE IT .40

[14:22] {dino} out +.40

[14:24] {nemo} I'm confused

[14:25] {nemo} Mmmmmmmhhhh...XOMA must think it's Icarus

[14:26] {dino} fdo l .45

[14:26] {nemo} Off to sell politically incorrect consumer items

[14:26] {nemo} Dino, CAH at the magic number

[14:27] {dino} hmmmm

[14:27] {Threei}  XOMA's selling is surprizingly astrong after hitting 1;1

[14:28] {dino} you in

[14:28] {nemo} I'm leaving, no

[14:28] {dino} esi at .00 again

[14:28] {Threei}  I haven't trailed the stop after halving at .20... maybe I should have

[14:29] {nemo} looks like it needs market help Dino

[14:31] {dino} s/p gap filled from tuesday

[14:33] {vinod} too bad i sold my HEB yesterday at 2.55

[14:34] {nemo} GMCR Vad...to keep an eye on...see you tomorrow

[14:35] {Threei}  take care nemo

[14:35] {dptl} have a good evening all

[14:35] {Threei}  no news HEB

[14:35] {Threei}  no idea what's up with this little piece of crap

[14:35] {Threei}  take care dp

[14:36] {dino} cya nemo, dp

[14:36] {vinod} GMCR good candidate for short?

[14:41] {vinod} see you tomorrow

[14:41] {Threei}  take care vinod

[14:41] {dino} cya vin

[14:41] {Threei}  not sure about GMCR

[14:47] {Threei}  XOMA is back to highs

[14:47] {Threei}  if I were smart, I'd dump whole thing at .20 and rebought it at .05

[14:48] {dino} if a word in middle of life

[14:50] {Threei}  gosh

[14:50] {Threei}  that's too deep

[14:50] {Threei}  now you've done... I will need to ponder this one

[14:50] {Threei}  for a week

[14:50] {dino} lol

[14:51] {Threei}  of navel-gazing, somewhere in tibet cave

[15:22] {Threei}  believe it or not. HEB is consoldiating near high again

[15:22] {Threei}  this is real POS

[15:23] {magoo} vad..rip or rot?

[15:23] {dino}  out t flat

[15:23] {Threei}  rip

[15:23] {Threei}  I remember HEB's run in 2006

[15:24] {Threei}  it was quickly doscovered that it was a shell company

[15:24] {Threei}  momo has gone and it dies for three years

[15:24] {Threei}  died

[15:24] {Threei}  now it's getting rediscovered, lol

[15:27] {Threei}  ARUN

[15:28] {Threei}  7 break is interesting on daily

[15:28] {Threei}  if doesn't happen todayt, that's one to watch tomorrow

[15:29] {dino} fdo stop to .49

[15:29] {dino} out +.04

[15:33] {dino} gotta hop early take care all, profitable by light

[15:33] {Threei}  take care dino

[15:40] {Threei}  NQ spent who,le day in less than 15 points range

[15:51] {Threei}  with all the boredom while staying near highs and finishing green, can you feel this whole rally is far from being over?

[15:52] {magoo} very little pullback

[15:53] {patience} but i kept falling asleep at my desk....

[15:54] {Threei}  do what I do

[15:54] {patience} ?

[15:54] {Threei}  make sure you have some nice foam layer un the desk, measure trajectory of your chin movement,

[15:54] {Threei}  place the foam right at the end on trajetory

[15:54] {Threei}  and nod away

[15:55] {Threei}  at the end of the day you are refreshed, and all your teeth are safe...

[15:55] {Threei}  okay guys, I am doing what I haven't done in ages

[15:56] {Threei}  taking home not one but two stocks

[15:56] {Threei}  XOMA and ARUN

[15:56] {Threei}  XOMA is padded by selling half at 1:1

[15:56] {Threei}  ARUN is not

[15:59] {Threei}  bth broke 52 week highs and finish at the day high

[16:00] {Threei}  just in case something happens after the close, putting them for sale: XOMA at 1.45 and ARUN 7.25

[16:00] {Threei}  thank you all, have a good evening'

[16:00] {Threei}  see you tomorrow

[16:00] {magoo} u too boss

[16:00] {magoo} ty all

[16:00] {jfjf64} ty

Jun 03 2009

Not too many trades as quite a few setups never triggered. Those that did though worked nicely: WFC and, notably, TIVO long for 60 cents. Don't you love those short squeezes after huge gap up - when you get it right and participate in it.

Session Time: Wed Jun 03 00:00:00 2009

[08:06] {pita} gm all

[08:06] {nemo} P.I.T.A. :)

[08:07] {pita} that's me!!!

[08:07] {nemo} neat acronym

[08:07] {nemo} probably more applicable to me

[08:07] {pita} just ask my former wife....

[08:07] {nemo} Where's her grave? :)

[08:08] {pita} :(

[08:08] {nemo} awwwww....poor sense of humor...apologies

[08:08] {pita} the paying is over but the pain remains

[08:09] {nemo} yeah, we'd still be in the Garden of Eden if it weren't for them

[08:09] {pita} well, probably not, but its a great thought

[08:09] {pita} 392108

[08:10] {pita} sorry wrong windog

[08:10] {pita} window

[08:11] {pita} off for breakfast, cu later

[08:11] {magoo} morning

[08:11] {nemo} magister

[08:11] {magoo} TIVO nuts

[08:11] {nemo} yeah, had that written down for today

[08:12] {nemo} should be a nice short soon

[08:12] {magoo} i just hit it sh .31

[08:12] {nemo} nice mags

[08:12] {magoo} not  yet :)

[08:13] {magoo} ok, cov .15

[08:13] {nemo} nice entry

[08:13] {nemo} how's that?

[08:13] {magoo} not nice till bank it

[08:13] {nemo} nice exit

[08:13] {nemo} how's that

[08:13] {nemo} oh spy and qs dropping

[08:14] {nemo} look who's signed in

[08:14] {magoo} u do the honors

06[08:14] * nemo slaps laserdave around a bit with a large trout

[08:14] {nemo} I grew up trout fishing, kinda' mixed emotions about it

[08:15] {magoo} adp numbers in line

[08:15] {nemo} saw that this morning...curious about oil today...if it spikes, I think market tanks.  

[08:16] {magoo} actually, coorelation the way i see it is oil up..mkts up

[08:17] {nemo} I think you'll see that break soon in U.S. markets.  We're consumption based. As oil goes up money comes out of pockets.  Can't buy stuff.  Might keep Chinese Indian and Brazilian markets going, Aussies too, but less likely here

[08:36] {Threei}  Summary of PIMCO's Bill Gross June Investment Outlook: "Staying rich in the new normal"

[08:36] {Threei}  - U.S is no longer producing as much wealth in proportion to the rest of the world, which will affect stockholders 401k investors and even bond managers

[08:36] {Threei}  - A potential US sovereign downgrade "still far off in the future in PIMCOs opinion" as "both the U.S. and the U.K. entered the Great Recession with attractive ratios compared to such grievous offenders (and AA rated) as Japan."

[08:36] {Threei}  - The pressure of rising long dated treasury yields on mortgage and corporate rates presents a real threat to recovery now underway

[08:36] {Threei}  - Expansion of Fed's balance sheet could have inflationary impact

[08:36] {Threei}  - "Bond investors should therefore confine maturities to the front end of yield curves where continuing low yields and downside price protection is more probable. Holders of dollars should diversify their own baskets before central banks and sovereign wealth funds ultimately do the same. All investors should expect considerably lower rates of return than what they grew accustomed to only a few years ago. "

[08:41] {magoo} got a read on TIVO vad?

[08:41] {Threei}  not really

[08:43] {ese} that was an ordeal

[08:44] {Threei}  you seem to get into it rather regularly {G}

[08:44] {ese} don't know why....

[08:44] {ese} typed the same pass and user about 5/6 exactly the same

[08:45] {Threei}  [08:40] * esemde was kicked by ChanServ

[08:45] {Threei}  that's username you typesd

[08:45] {Threei}  my suggestion would be, you have form autofill on

[08:45] {ese} nope definately not........

[08:45] {Threei}  as you start typing ese, it fills it to esemde

[08:46] {Threei}  and you click enter not noticing

[08:46] {ese} hmmmmm

[08:50] {magoo} vad, news vlo

[08:51] {Threei}  earnings, filed 40M shares, downgraded

[08:56] {fernp} good morning everybody

[08:56] {Threei}  fern :)

[08:58] {vinod} good morning to all 

[08:58] {Threei}  vinod :)

[08:59] {_traderw} gm

[08:59] {larisa} good morning :)

[08:59] {Threei}  traderw, larisa :)

[09:04] {ese} vad....you following anything....nothing i'm reading here is stickling out

[09:04] {Threei}  TIVO...

[09:04] {ese} tks

[09:04] {Threei}  WFC, not because of particular action but because it's usually a player

[09:04] {ese} yes

[09:05] {Threei}  JOYG

[09:05] {ese} tivo won a court ruling....

[09:09] {ese} fitb seems to be consolidating at a 50% pullback level from high of 9.     thats a resonably strong sign

[09:15] {dino} gm all

[09:15] {Threei}  dino :)

[09:15] {ese} morning dino

[09:15] {dino} :)

[09:23] {jfjf64} mornin

[09:23] {Threei}  jf :)

[09:27] {jfjf64} any read bac

[09:27] {Threei}  it doesn't really do anything

[09:27] {Threei}  no significant gap

[09:27] {Threei}  no premarket movement

[09:28] {jfjf64} ty

[09:28] {Threei}  TIVO dropped of a cliff

[09:29] {dptl} good morning

[09:30] {Threei}  dp :)

[09:30] {ese} morning dp

[09:31] {Threei} Short Setup: TIVO  9.60 break half lot

[09:31] {nemo} What's Raven doing here, I thought he was off to N. Dakota or somewhere?

[09:31] {Raven} Tomorrow

[09:31] {Threei}  if stays below .85

[09:32] {Threei}  let's modify it to .70 break, same condition

[09:32] {dino} have fun raven

[09:32] {nemo} Flying Raven :)

[09:32] {Threei}  want a bit tighetr stop

[09:33] {Raven} thx :)

[09:33] {Threei}  invalidated

[09:35] {Threei} Long Setup:  WFC  .40 break

[09:35] {Threei}  stop under .30

[09:36] {ese} missed it

[09:36] {Threei}  half out 1:1

[09:37] {fernp} ty Vad

[09:37] {ese} nice vad

[09:37] {Threei}  wow ese... it gave like 3 chances

[09:37] {Threei}  1/4 more out

[09:37] {Threei}  .59

[09:37] {Threei}  fern :)

[09:37] {ese} just seeing that was watching fitb and intc

[09:37] {ese} look at that jump ....nice

[09:37] {dino} vlo blood

[09:38] {dino} cah more blood today

[09:38] {dino} 7 pts since monday close

[09:38] {ese} waiting for pullback in fitb

[09:39] {Threei}  DVAX 40 min ago:

[09:39] {Threei}  Dynavax Technologies Presents Phase III data

[09:39] {Threei}  - In addition to meeting its primary endpoint in this Phase 3 trial as previously reported, HEPLISAV provided more rapid and increased seroprotection against hepatitis B viral infection and with fewer doses than the licensed vaccine.

[09:39] {Threei}  - The data show the differences to be particularly significant in the subset of subjects over 40 years of age who are usually less likely to respond to immunization.

[09:39] {nemo} tivo vad

[09:40] {Threei}  trying to form short setup again

[09:40] {Threei}  let's approach it differently

[09:40] {Threei}  9.55 loss is a short trigger,

[09:41] {Threei}  let's watch it for consolidation closer to it that would give us affordable stop

[09:42] {Threei}  if doesn't go over .70 on this bounce, that's resistance

[09:42] {nemo} last bounce looks like it was with Qs

[09:42] {Threei}  PIMCO's B Gross: Chinese investments in USD assets at 2% are 'not safe' -radio interview

[09:43] {Threei}  wtf is this guy doing?

[09:43] {nemo} talking his book

[09:43] {nemo} invalidated

[09:46] {ese} would have thought that fitb would follow wfc but it's not

[09:47] {Threei}  TIVO is holding too well

[09:47] {vinod} short around 10.00?

[09:48] {Threei}  if this consolidation under the high continues for a while, the tune will change to squeze

[09:48] {dino} echostar filing appeal they say

[09:49] {Threei}  too fast recross of .80

[09:49] {dino} fire drop

[09:50] {Threei}  started typing long for a scalp but it broke before I finished first word

[09:50] {magoo} CAT bounce vad?

[09:50] {Threei}  US President Obama: Confident that US and Saudi have strategic relationship

[09:51] {Threei}  recross of 37 mags, but kind of 50/50

[09:51] {Threei}  risk is low enough

[09:51] {Threei}  with stop just 10 cents away

[09:51] {Threei}  so kind of personal preference

[09:52] {Threei}  AGEN Strength attributed to chatter that FDA is set to fast track its kidney drug (2.18, 0.65, 42.48%)

[09:52] {dino} fire

[09:52] {dino} apsg

[09:52] {magoo} news RIMM vad?

[09:53] {Threei}  no

[09:54] {magoo} just market

[09:54] {ese} some interesting wild gyrations in the market these days....look at that dump in the qqqq's

[09:54] {Threei}  yeah

[09:54] {dino} they call that the elvis qqqq

[09:55] {magoo} TIVO no reaction

[09:55] {dino} still have fri gaps 8500,1435,919

[09:55] {Threei}  DVAX,,, wow

[09:57] {ese} WFC wants up vad

[09:58] {magoo} AGEN

[09:58] {Threei}  last 1/4 is still sitting here

[10:00] {Threei}  *APRIL FACTORY ORDERS: 0.7% V 0.9%E

[10:00] {Threei}  MAY ISM NON-MANUFACTURING: 44 V 45.0E

[10:00] {Threei}  (US) Fed's Bernanke: US cannot keep borrowing indefinately to meet spending needs, expects economy to pick up in late 2009

[10:00] {Threei}  - Believes Treasury yields are rising on deficit concerns as well as an improving economy

[10:04] {nemo} I'm interested to see what effect the oil numbers have in a 1/2 hour

[10:07] {Threei}  I really need to start taking these moves by little bios on faith

[10:07] {ese} LWFC .55

[10:07] {Threei}  AGEN... DVAX

[10:08] {ese} market is red but oddly enough it feels like there is some strenght to it......for me anyway

[10:08] {Threei}  and TIVO more and more looks like surprize move in the making

[10:09] {ese} am trying wfc at the mid point of this .50 to .60 ange

[10:09] {magoo} AGEN looks like 3.50

[10:10] {Threei}  Treasury prices tick lower after Bernanke makes little to no mention of Fed asset purchases in initial remarks (related TLT )

[10:10] {Threei}  see TIVO buyiong pressure?

[10:11] {dino} vlo sm l .00

[10:12] {nemo} refiner just before the oil report....mmmmmhhhh

[10:12] {Threei}  (US) Reportedly US DoJ is probing various tech firms on hiring proceedures (related YHOO GOOG )

[10:12] {Threei}  hmm?

[10:13] {Threei}  hoew is it anyone's business?

[10:13] {nemo} Comrade, you are sick

[10:14] {magoo} AGEN

[10:14] {magoo} [10:09] {magoo} AGEN looks like 3.50

[10:14] {magoo} [10:10] {&Three

[10:14] {Threei}  ok... I must try this

[10:14] {Threei} Long Setup:  TIVO  .95 break

[10:14] {Threei}  stop under .85 for scalpers

[10:14] {Threei}  under .80 for daytrader

[10:15] {Threei}  if triggers, not a scalp for me

[10:15] {ese} might be stopped out here .30

[10:16] {Threei}  half out

[10:16] {Threei}  10.08

[10:16] {magoo} christ..looked away missed

[10:17] {jfjf64} ty

[10:17] {jfjf64} blood money

[10:17] {Threei}  welcome

[10:17] {Threei}  lol, why?

[10:17] {Threei}  who did you have to murder to enter?

[10:18] {jfjf64} hunting it  for  hour   lol

[10:18] {ese} stopped

[10:18] {Threei}  sheesh AGEN

[10:18] {ese} -,25 1 lot

[10:18] {Threei}  you got TIVO on this pullback mags?

[10:18] {Threei}  perfect setback right into trigger

[10:19] {nemo} hit 1:1 though, wouldn't you move stop up to b/e

[10:19] {Threei}  to under .90 I would

[10:19] {Threei}  to b/e, no

[10:20] {Threei}  it's a bit tooo volatile for such tight trailing

[10:21] {ese} banks don't like what Bernakers had to say

[10:22] {Threei}  yeah, killed my last piece of WFC

[10:22] {ese} beautifully timed so that i would loose $250.00 i might add

[10:22] {Threei}  next leg is coming TIVO

[10:22] {Threei}  offering 1/4 more at .22

[10:23] {ese} he's either a genius or the dumbest SOB of a fed banker ever

[10:25] {Threei}  DVAX - another AGEN or miserable failure?

[10:27] {Threei}  TELK Hearing strength being attributed to chatter regarding reception of new drug (1.12, 0.20, 21.74%)

[10:28] {Threei}  Movement comes as firm speaks at ASCO conference

[10:29] {ese} l WFC .20

[10:30] {Threei}  DOE CRUDE: +2.68M V -1.7ME

[10:30] {Threei}  GASOLINE: -215K V +100KE; DISTILLATE: +1.66M V +1ME

[10:31] {dino} cah sm l .70

[10:32] {ese} hope you have better luck than me dino

[10:32] {jfjf64} uso  fallin 

[10:32] {Threei}  TELK, if eats through .15...

[10:32] {dino} :)

[10:33] {Threei}  out 1/4 more TIVO .22

[10:34] {nemo} you shoulda got .23

[10:34] {Threei}  had .22 laid out

[10:34] {Threei}  [10:22] {Threei} offering 1/4 more at .22

[10:35] {Threei}  (RU) Russian PM Putin: Once again threatens Ukraine over gas deliveries, warns Europe may face shutoffs in June/July if Ukraine does not pay

[10:36] {jfjf64} blood  money    lol

[10:36] {ese} daaaaaa!!!!! WFC get going!!!!

[10:36] {ese} i want my 250.00 back

[10:38] {vinod} telk still good at 0.15

[10:39] {nemo} offers piling up @ .10

[10:39] {ese} am going to apply one of Vads strategies.......wfc swift kick in rear with a steel toed boot 

[10:40] {ese} look at that setup....it's perfect ...get bloody going

[10:40] {Threei}  can't decide on exit point for the last TIVO

[10:41] {Threei}  stop under 10 for now

[10:42] {ese} bout time!!

[10:50] {dino} snda, cyou running; china plays

[10:50] {Threei}  Fed's Bernanke reiterates the Fed will not monetize US govt debt

[10:50] {Threei}  this is strong statement

[10:50] {nemo} "Read My Lips"

[10:50] {nemo} Oh...you weren't here for that...Bush I

[10:51] {dino} sm l itri .40

[10:52] {dino} they are simply telling you what you want to hear 3i.

[10:52] {dino} otherwise they could not do what they want

[10:53] {dino} bottom line, debased currency and inflation is preferrable to deflation and strong dollar.

[10:53] {dino} in 10 years dollar value will be 1/2, and thus so will the debt

[10:54] {dino} it is the only way politicians can stay in power

[10:55] {dino} they strength in $ last year was due to deflation, that is all

[10:56] {dino} snda rockin'

[11:00] {ese} ahhhhhhh out WFC .40 lot and 1/2....that was a good revenge killing....err ahhh i mean trade

[11:01] {Threei}  wtg

[11:01] {ese} tks

[11:02] {dino} gj

[11:03] {magoo} we in anything boss?

[11:03] {nemo} tivo

[11:04] {magoo} i am?

[11:04] {Threei}  lol

[11:04] {Threei}  1/4 of TIVO left

[11:09] {dino} apsg sm s .85 stop hod

[11:12] {dino} tsra drop

[11:12] {Threei} Long Setup:  DNDN  .60 break if stays above .50

[11:16] {dino} lphi

[11:21] {dino} apsg bstop tighten to .02

[11:28] {dino} cah stop to .99

[11:28] {dino} out +.29

[11:30] {Threei}  (US) Fed Chairman Bernanke: Fed does not plan to sell MBS holdings in the near term, substantial flow of revenue from MBS purchases will offset any losses down the road

[11:31] {nemo} wow, how's he gonna' do that from foreclosed mortgages?

[11:32] {dino} see, they are not using mark to market because fed is not public, so, shazaam mogages are good long term

[11:33] {nemo} what did they buy them at?  Or do we even know?

[11:34] {dino} vlo stopped -.30

[11:34] {dino} it doesn't matter, they are not public

[11:34] {dino} typically 30 year you pay 2.5x sales over the 30 years

[11:35] {nemo} not that, how much did the Fed by them for?

[11:35] {dino} low nemo, so even at 50% default they win over time

[11:35] {nemo} maybe....

[11:36] {dino} they really do not need this public/privated fund stuff if they hold until maturity

[11:36] {dino} even in defaults the houses are worth 50 cents on they buck on average

[11:37] {dino} the whole problem was mark to market

[11:37] {nemo} the problem is, with those sliced and diced MBS, does anybody know what's in them?

[11:37] {dino} if you don't own them who cares

[11:38] {nemo} we do own them

[11:38] {nemo} BOHICA

[11:38] {dino} ahhh, but at less thasn 50 cents on the dollar. some were taken at 25 cents

[11:38] {dino} the losses have been takn by public companies, the govt is a buyer on the cheap.

[11:39] {Threei}  (US) Fed Chairman Bernanke: Fed will be able to raise interest rates even with a large balance sheet

[11:39] {dino} they will sell them out eventually, wjhy do you think hedge funds want them now as opposed to last fall

[11:39] {nemo} The government doing something in my best interest is anethema to me

[11:39] {Threei}  TIVO new high

[11:40] {Threei}  If worst came to worst, the Fed could sell some assets from the balance sheet

[11:41] {dino} they were not, they put the screws to the companies w/m2m. they know the error of this but will never admit it, because thepublic would have their heads

[11:41] {dino} out apsg cover at .55, +.30

[11:43] {nemo} telk Vad

[11:45] {Threei}  ?

[11:45] {nemo} I saw big order @ .05 but it's not even moving.  Now half got cancelled now all cancelled

[11:54] {Threei}  Fed's Bernanke: For forseable future does not see any risk to status of reserve currency for the Dollar

06[11:55] * magoo slaps laserdave around a bit with a large trout

[11:56] {Threei}  must work toward restoring a strong US economy, that in turn will promote a strong dollar

[11:59] {Threei}  SEED support 5.80 for possible pullback entry

[12:01] {dino}  id l .40, stop .29

[12:02] {nemo} full lot dino?

[12:03] {dino} y

[12:03] {dino} itri stopped -.41

[12:08] {dino} pnk

[12:09] {nemo} dndn keeps kissing .60

[12:09] {dino} clda

[12:10] {dino} sm pnk s .50, stop .81

[12:23] {pita} zzzzzzzzzzzzzzz gotta go day job, later all

[12:24] {ese} see ya pita

[12:25] {dino}  cya pita

[12:28] {dino} daa daa daaa unhuh unhuh

[12:32] {dino} clda interesting, slow tho

[12:34] {dino} .

[12:35] {dino} nemo id 1:1

[12:39] {Threei}  MSFT CEO: will move US jobs oversea if Obama Administration raises taxes on US companies foreign profits (21.52, 0.12, 0.56%)

[12:41] {dino} law of unintended consquences

[12:42] {Threei}  yeah

[12:42] {Threei}  and ideology vs common sense

[12:45] {dino} id stop to .512

[12:45] {dino} .51

[12:49] {dino} id stopped +.11

[12:56] {vinod} Tax is not bad. Think about what people lost in market compare to what they paid in tax?

[12:57] {Threei}  not sure I see the connection... is it one or another? :)

[12:58] {dino} ???

[12:58] {Threei}  I mean, if paying higher tax would prevent market losses, then comparison would make sense

[12:59] {vinod} I believe everyone has to pay their share of tax

[12:59] {dino} higher taxes will hurt markets

[12:59] {Threei}  sure

[12:59] {ese} all right....same as pita....outta here to the days job...catch you all on the flip side

[12:59] {Threei}  but who said that share must be increased?

[12:59] {Threei}  take care ese

[12:59] {dino} cya es

[12:59] {ese} see ya vad

[13:00] {ese} dino...later

[13:01] {vinod} more tax we pay less need to borrow from china

[13:02] {Threei}  and less money we have to spend... and more money for goverment to misspend

[13:02] {Threei}  if you believe in goverment's ability to spend wisely... we just will have to agree to disagree :)

[13:03] {Threei}  and if you don't, why would you want to enable it to waste more than it already did?

[13:04] {vinod} no one expect or believe that gov.will spend wisely. we should accept that

[13:04] {Threei}  the wouldn't it be wiser to leave it with at little as possible to spend foolishly? :)

[13:05] {dino}  regan proved lower tax rates = higher receipts, problem was spending

[13:05] {Threei}  right

[13:05] {Threei}  and that is hard thing to reign

[13:06] {Threei}  tax increase gives governemtn even more room for wasteful spending AND cuts down receipts

[13:06] {dino} because politicians are whores for votes

[13:06] {Threei}  I fail to see the benefit

[13:06] {dino} vad we agree

[13:06] {Threei}  after all, USSR had the highest tax rate in history

[13:06] {vinod} did i opened up a can of worm?

[13:06] {dino} plus lower taxes are incentive to work more. higher taxes, whats the point

[13:06] {Threei}  I don't see it being mightiest state on a planet

[13:07] {dino} obamas' talking 75% rates on over $250k. that wil, kill real estate

[13:07] {vinod} i take back what i said

[13:08] {Threei}  why so timid vinod...

[13:08] {Threei}  people have right for their opinion

[13:08] {dino} vin, they don't worry about borrowing from china, because the dollar will be devalued thus cutting the borrowing that way

[13:08] {Threei}  time to decide on TIVO I guess

[13:08] {jfjf64} tivo

[13:09] {Threei}  will try to exit above .50

[13:10] {dino} the fed just admitted the devaluation is preferrable. go to minyanville.com article fed's currency colapse gambit

[13:10] {Threei}  stop .15

[13:13] {dino} pnk bstop to .45

[13:19] {Threei}  TIVO is ready

[13:20] {dino} where to short it, hmmm

[13:31] {Threei}  i am out

[13:31] {Threei}  +.60

[13:32] {jfjf64} nice job 

[13:32] {Threei}  can I go home?

[13:32] {nemo} look aroun

[13:32] {nemo} around

[13:32] {magoo} NOPE

[13:32] {nemo} where eqzaktly do you think you are?

[13:41] {Threei}  wow FEED

[13:41] {Threei}  what happened there?

[13:41] {nemo} you were right....80 support

[13:53] {nemo} gold taking a nice pasting

[13:53] {dino}   clda sm l .30

[13:54] {dino} pnk to .37 bstop

[14:00] {dino} tcl l .25 stop lod

[14:00] {dino} pnk to .35

[14:13] {dino} pnk covered .33, +.17

[14:26] {Threei}  TIVO still not done

[14:27] {nemo} feed breaking out a bit too

[14:30] {vinod} i was out of TIVO at 0.22 wow!!!

[14:33] {vinod} have a nice day--see you tomorrow

[14:33] {Threei}  take care vinod

[14:33] {nemo} nite vinod

[14:36] {nemo} GILD had quite a run today

[14:38] {dino} cya vin

[14:39] {magoo} vad..we in anything here?

[14:39] {nemo} coma

[14:40] {Threei}  yeah, that

[14:48] {dptl} have a good evening all

[14:48] {Threei}  take care dp

[14:48] {nemo} dp :)

[14:53] {Threei}  what a short killing machine this TIVO is eh

[14:54] {dino} pru l .63

[14:54] {Threei}  total murder for the standard "too high, let's short it" thinkers

[14:56] {dino} pru stop tpo .80

[14:57] {dino} to .90

[14:58] {dino} out pru .95, +.32

[14:58] {nemo} $1300 an hour, not bad

[14:59] {dino} you take it?

[14:59] {dino} how about that id earlier?

[15:00] {nemo} does an Ursus Major defecate in the wilderness?

[15:00] {dino} i suppose if camping

[15:00] {nemo} I think campers are their food

[15:01] {dino} well then good times

[15:01] {nemo} I forgot, what did you do with ID, Herr Freud

[15:01] {nemo} Remember the Far Side cartoon with the Polar Bears and the Igloos?

[15:01] {dino} out .51 fl, +.11

[15:02] {dino} did that voodoo that es does so well

[15:02] {nemo} I don't see a minus sign

[15:02] {dino} same w/pru

[15:03] {dino} vlo, itri earlier there were

[15:03] {nemo} Yeah, I was wondering when you went long VLO just before the oil numbers came out

[15:03] {Threei}  (US) Reportedly Obama Administration planning to release outline of financial regulatory overhaul on June 17th, according to sources - unconfirmed report

[15:03] {Threei}  - US Treasury Sec Geithner to discuss administration proposals for financial regulation at June 18 hearing.

[15:03] {nemo} that will be an interesting market day

[15:04] {Threei}  (RU) Russian President Medvedev: Wants to believe higher oil prices reflect fundamentals

[15:04] {Threei}  - Current price of oil makes him optimistic about Russian economy. (related USO RSX EUR/RUB USD/RUB )

[15:05] {nemo} You see this on Tivo earlier: http://www.thestockmasters.com/node/1441

[15:06] {Threei}  ?

[15:06] {Threei}  this is news TIVO gapped on

[15:07] {nemo} I have no idea, but I said earlier so as not to make people think it just came out

[15:23] {dino}   hearing the easy button

[15:30] {dino} clda stop to .29

[15:31] {larisa} dino is my hero, never sleeps or in the coma :)

[15:31] {nemo} gag

[15:32] {larisa} the rest of you guys.....

[15:32] {larisa} need more energy :)

[15:32] {nemo} you included Larry?

[15:32] {larisa} regretfully :)

[15:32] {nemo} eh...sucks to be us

[15:33] {Threei}  dunno... I am proud of my ability to stay in coma

[15:35] {dino} oh yes i do larisa, feet on desk watching tv

[15:35] {dino} clda stopped -.01

[15:36] {larisa} last hero dissapeared in the thin air

[15:36] {nemo} expectations

[15:36] {dino} i am more of the anti-hero

[15:37] {nemo} clean cut all american boy I'll bet

[15:37] {nemo} dog, coupla kids, brings the wife flowers

[15:37] {dino} well, that clean living i do, lol

[15:37] {nemo} class president, captain of the football team

[15:38] {nemo} goes to church on sundays

[15:38] {dino} no, just a self employed dude

[15:38] {larisa} lol

[15:39] {nemo} One black spot though....

[15:39] {Threei}  wait... flowers?

[15:39] {nemo} Do you know what it is Dino?

[15:39] {dino} no?

[15:39] {nemo} MAGOO

[15:40] {dino} lol

[15:43] {dino} joyg l .00

[15:51] {dino} out .10, +.10

[15:51] {dino} tee time in 40

[15:51] {Threei}  thing to keep an eye on tomorrow: XING

[15:52] {nemo} frickin' market taking off

[15:52] {dino} indeed

[15:54] {magoo} strong mkt

[15:58] {Threei}  okay guys, thank you all

[15:58] {Threei}  have a good evening

[15:58] {Threei}  see you tomorrow

[15:58] {nemo} so far, minor pull back

[15:58] {magoo} ty vad..everyone

[15:59] {fernp} good evening

[15:59] {dino} cya vad fern

[15:59] {nemo} evenin'

[15:59] {larisa} bye

[15:59] {nemo} you close joyg dino

[15:59] {dino} out tcl .24 -.01

[16:00] {dino} yes see above got +.10

[16:00] {dino} holding nothing

[16:00] {nemo} yep

[16:01] {dino} ok, gotta hop, golf calls

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 :)

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...