Jun 11 2009

Somewhat strange day. No real drive in the market but many small stocks moved nicely, mostly in alternative energy names (CPST, EMKR, ALTI etc). Those who trade little ones with big shares made out like bandits. The rest didn't have much to muinch on today.

Session Time: Thu Jun 11 00:00:00 2009

[08:10] {Threei}  Good morning

[08:11] {Threei}  out last portion ESLR 2.80

[08:18] {vinod} good morning to all

[08:18] {Threei}  vinod :)

[08:21] {Threei}  HGSI Reports Positive Long-Term Data for BENLYSTA (Formerly LymphoStat-B in Patients With Active Systemic Lupus Erythematosus

[08:28] {pita} greetings all

[08:30] {Threei}  INITIAL JOBLESS CLAIMS: 601K V 615KE; CONTINUING CLAIMS: 6.816M V 6.780ME

[08:30] {Threei}  pita :)

[08:38] {Threei}  (US) White House Advisor Volcker: Prospects for a strong recovery are unlikely although there will be some growth in late 2009

[08:38] {Threei}  - Does not expect any inflation pressure for "some time to come."

[08:38] {Threei}  - There are no practical alternatives to the USD as a global reserve currency, none to come today or "for many tomorrows."

[08:38] {Threei}  - It is unwarranted to allow firms that have deposti insurance to conduct proprietary trading.

[08:38] {Threei}  - There is no need to supervise hedge & private equity funds as closely as banks.

[08:41] {fernp} good morning everybody

[08:45] {Threei}  fern :)

[08:47] {Threei}  CPST Update: Proivdes update on C30 liquid fueled microturbine

[08:48] {Threei}  Announced the successful intergation of fuel cell into UK Ford S-Max Mini Van

[08:50] {magoo} morning

[08:50] {Threei}  magoo :)

[08:50] {nemo} morning

[08:50] {Threei}  nemo :)

[08:51] {vinod} nemo:)

[08:51] {nemo} Vino :)

[08:52] {magoo} news REGN vad?

[08:53] {Threei}  REGN Phase II study of Aflibercept (VEGF Trap) in collaboration with Sanofi Aventis shows statistical significance in advanced ovarian cancer

[08:53] {Threei}  REGN Converts Interleukin-1 antibody opt-in rights to royalty agreement

[08:59] {dino} gm all

[08:59] {nemo} harooo

[08:59] {Threei}  dino :)

[09:01] {dino} we got lucky on palm nemo

[09:01] {nemo} gotta' love it

[09:01] {dino} qcom

[09:03] {ese} GM

[09:03] {Threei}  ese :)

[09:05] {ese} nice move by eslr yesterday

[09:07] {Threei}  for late arrivals:

[09:07] {Threei}  [08:11] {Alert} Threei out last portion ESLR 2.80

[09:11] {ese} position from yesterday vad.....or pre market this morning

[09:11] {Threei}  from yesterday

[09:11] {Threei}  from 2.10

[09:11] {ese} nice one

[09:11] {Threei}  30% move in one day

[09:12] {ese} really nice one!!!

[09:20] {ese} still L intc at .35   ....maybe this is the day it breaks 16.74

06[09:22] * Threei slaps laserdave around a bit with a large book of Techniques of Tape Reading

[09:22] {Threei}  umm... not what I intended to slap him with

06[09:22] * Threei slaps laserdave around a bit with a large alarm clock

[09:22] {Threei}  there

[09:22] {dino} slap him silly

[09:23] {_levelseven} gm rt's

[09:23] {_levelseven} anyone know the high on ESLR this morning?

[09:24] {dino} david faber wearing a hairpiece?

[09:24] {Threei}  L7 :)

[09:24] {Threei}  it barely touched on 2.9

[09:24] {_levelseven} geez, thats what happens when you get up late

[09:24] {ese} 2.90 LS

[09:24] {Threei}  I was a little late too, exited 2.8

[09:25] {_levelseven} dumpin mine now

[09:25] {Threei}  good job

[09:25] {Threei}  SAY on radar again

[09:25] {Threei}  ESLT too of course

[09:25] {Threei}  ESLR

[09:26] {_levelseven} HGSI has some vol

[09:27] {Threei}  [08:21] {Alert} Threei HGSI Reports Positive Long-Term Data for BENLYSTA (Formerly LymphoStat-B in Patients With Active Systemic Lupus Erythematosus

[09:28] {_levelseven} im always 2steps behind 3i

[09:28] {ese} chdx

[09:29] {ese} what do they do?

[09:29] {ese} up 2 and a bit dino

[09:29] {Threei}  Chindex China Healthcare Finance

[09:29] {_traderw} goodmorning!

[09:29] {Threei}  CHDX Reports Q4 $0.24 v $0.10e, R$60.0M v $50.5Me (2 est) (10.79, 0.00, 0.00%)

[09:29] {Threei}  traderw :)

[09:31] {dino} palm stop is .49

[09:31] {jfjf64} mornin all

[09:31] {dino} out +.39

[09:31] {Threei} Long Setup:  SAY  .25 break

[09:32] {Threei}  if stays above .15 for scalpers

[09:32] {Threei}  5.10 support for a day trade

[09:32] {dino} qcom raises guidance and drops

[09:33] {jfjf64} hpq  break 37

[09:33] {magoo} JAZZ movin

[09:33] {magoo} in SAY

[09:34] {Threei}  over 1:1 for scalpers

[09:34] {jfjf64} in say

[09:34] {dino} qcom sm l .25 jumpy

[09:34] {wulff} .in .27

[09:34] {Threei}  1:1 for a daytrade

[09:34] {Threei}  half out .42

[09:35] {jfjf64} ty

[09:35] {_levelseven} missed SAY

[09:35] {Threei}  stop to under .20 for the balance

[09:35] {_levelseven} nice call

[09:35] {Threei}  wow... it had enough time for entry after triggering

[09:35] {jfjf64} sale hpq 

[09:35] {Threei}  what are you trading with, Fidelity or what

[09:35] {wulff} half at .45

[09:36] {dino} qcom stop to .65

[09:36] {dino} out qcom +.40

[09:37] {_levelseven} in JAZZ on pb

[09:38] {magoo} out SAY ty bass

[09:38] {Threei}  CAEI interesting

[09:38] {Threei}  see if gives pullback into .80-.85 zone

[09:39] {Threei}  SAY stop to under .30 for balance

[09:40] {Threei}  no pullback CAEI

[09:40] {_levelseven} out JAZZ +.17

[09:41] {ese} is that china architecture

[09:41] {Threei}  yes

[09:42] {_levelseven} in Jazz .88

[09:43] {Threei}  will look to reenter SAY on deeper pullback

[09:43] {jfjf64} ??

[09:43] {Threei} Long Setup:  HGSI  3.40 break

[09:43] {Threei}  stop under .30

[09:43] {Threei}  jf?

[09:43] {magoo} in

[09:44] {Threei}  what so many question marks?

[09:44] {jfjf64} in

[09:44] {Threei}  what's with

[09:44] {jfjf64} entry say  pullback

[09:44] {ese} i missedd it

[09:44] {Threei}  what about it?

[09:45] {jfjf64} when sd we enter

[09:45] {jfjf64} sorry all questions

[09:45] {Threei}  I don't know

[09:45] {Threei}  it has to form something new

[09:45] {jfjf64} ty

[09:46] {Threei}  HGSI is interesing thing,

[09:46] {Threei}  if it works we will have a dilemma:

[09:46] {Threei}  3.50 is 1:1 for this entry,

[09:46] {Threei}  and it's a very significant resistance on daily

[09:47] {dino} titn sm l .00

[09:47] {Threei}  if broken, can really catapult this thing

[09:48] {Threei}  wow CPST

[09:49] {nemo} tck catapulted again

[09:49] {Threei}  a few min ago

[09:49] {Threei}  HGSI Hearing Thomas Weisel making positive comments in the name

[09:49] {Threei}  - Analysts state that positive Phase III data to support higher price target

[09:50] {Threei} Long Setup:  TIVO  .25 break if stays above .15

[09:50] {nemo} too fast

[09:50] {_levelseven} out Jazz 4.05 +.17

[09:50] {Threei}  nice scalping

[09:50] {_levelseven} :D

[09:51] {Threei}  no worky HGSI

[09:52] {dino} bwld sm l .40

[09:53] {dino} sm l fdo .35

[09:53] {jfjf64} will re enter hpq .52

[09:53] {Threei}  TIVO 1:1

[09:54] {jfjf64} ty tivo

[09:54] {Threei}  grrr

[09:54] {Threei}  too many of them are moving, missed ESLR re-entry

[09:56] {Threei}  WHO reportedly raises pandemic flu alert to Phase 6; cites recent developments in H1N1 (Swine Flu) - unconfirmed report

[09:56] {Threei}  - Reminder: On 6/2, the WHO notes pandemic alert for H1N1 is "moving closer to Phase 6," the highest level of the scale

[09:56] {Threei}  - Phase 6 is characterized by community level outbreaks in at least one other country in a different WHO region in addition to the criteria defined in Phase 5. Designation of this phase will indicate that a global pandemic is under way.

[09:56] {Threei}  that's what spiked NVAX

[09:58] {jfjf64} ya lk caei  break .05

[09:58] {Threei}  why not

[09:58] {jfjf64} good enough

[09:58] {_levelseven} NVAX nose dive

[09:59] {Threei}  NVAX never holds gains

[09:59] {jfjf64} lk tivo

[09:59] {Threei}  TIVO 1:2

[09:59] {Threei}  out in full

[10:04] {Threei}  SAY sharp pullback

[10:05] {magoo} JAZZ vad..down

[10:05] {dino} bwld stopped

[10:07] {Threei} Long Setup:  ESLR  .86 if stays above .80

[10:08] {Threei} Long Setup:  SAY  .10 break if stays above 5

[10:08] {magoo} in SAY

[10:08] {magoo} in ESLR

[10:09] {magoo} "say it ain't so"

[10:10] {jfjf64} rather SAY it is so   lol

[10:10] {ese} l fitb .75

[10:12] {jfjf64} fire sale  say    lets  go

[10:13] {ese} out fitb .80 +.05

[10:15] {jfjf64} low vol   consiladation   what does that mean boss   say

[10:17] {Threei}  don't overthink it...

[10:17] {Threei}  it qworks or it doesn't

[10:18] {_levelseven} who is stockdish??

[10:19] {ese} ??

[10:20] {jfjf64} stockcups cousin

[10:21] {Threei}  no worky SAY

[10:21] {jfjf64} nobody  has  sense humor today

[10:21] {Threei}  I am disappointed... what are all those 50,000employees thinking

[10:21] {Threei}  jf... today??

[10:22] {ese} today?

[10:22] {ese} vad beat me o that

[10:22] {ese} just kidding !!

[10:23] {jfjf64} lol

[10:24] {magoo} outeslr flat

[10:24] {magoo} out say

[10:24] {Threei}  come on ESLR... couple cents to 1:1, you wanna quit on us??

[10:25] {Threei}  SAY is dumping as if something's happening

[10:27] {jfjf64} 500000 people lost job

[10:27] {Threei}  ok... lol

[10:28] {jfjf64} got ya to lol  

[10:28] {Threei}  no worky ESLR

[10:28] {Threei}  shrug

[10:29] {fernp} 9:40 Satyam chair: rev picture not great in near future 

[10:29] {fernp} "One has to understand that despite the way the media and probably the market reacted to this, the fact is the company is under severe stress," Satyam chairman Kiran Karnik told Reuters, referring to the reaction to the company's financial numbers. "It is hugely overstaffed, costs are very high and the revenue picture in the immediate future is not that great."

[10:29] {fernp} reuters

[10:30] {Threei}  ah, so need to just 1K workers, not 50K

[10:30] {fernp} lol

[10:30] {Threei}  GTXI Presents Phase II Ostarine (MK-2866) Cancer Cachexia Clinical Trial Results at Endocrine Society Annual Meeting (9.33, 0.35, 3.90%)

[10:31] {jfjf64} .95  looks  lk  good trigger  for   long     correct

[10:31] {magoo} SAY wantinayoe

[10:31] {jfjf64} close  yesterday  lot of traffic

[10:32] {magoo} u remember the name of the town?

[10:32] {nemo} tivo lifting out of range

[10:32] {magoo} say-want-tin-nayoe

[10:32] {nemo} fdo

[10:32] {nemo} sorry

[10:33] {Threei}  GTXI wakes up

[10:33] {Threei}  and falls back asleep

[10:36] {Threei}  not much enthusuasm in the market today... fizzled out fast

[10:37] {magoo} unfortunately..a change is taking place

[10:38] {nemo} eh....I'll leave that one alone

[10:38] {magoo} bounce tine WFC?

[10:38] {Threei}  I thought you hated it

[10:39] {magoo} i hate them ALL anymore :)

[10:39] {Threei}  doesn't feel right to me

[10:49] {Threei}  UAUA

[10:49] {Threei}  UAL Corp CEO urges govt to take action to dampen the speculative nature of current oil prices - annual meeting comments

[10:49] {Threei}  - Says the current economy and higher oil prices will force changes in the industry

[10:49] {Threei}  - Considering expanding economy classes to handle business class downgrades

[10:49] {dino} schw l .90

[10:51] {ese} Lfitb .78

[10:51] {magoo} ACAS vad

[10:51] {magoo} ballistic

[10:51] {Threei}  ACAS Declares $1.07 Dividend Per Share

[10:51] {Threei}  - Payable on August 7, 2009, to stockholders of record as of the close of business on June 22, 2009

[10:52] {ese} ballistic i'll say

[10:52] {vinod} I am back look like not a good misic today?

[10:52] {ese} look at that

[10:53] {ese} hmmmmm   gonna have to watch for more dividend offerings

[10:55] {ese} significant runup for a stock like that

[10:55] {vinod} testimony on TV--One crook asking other crook, why are you a crook?

[10:57] {jfjf64} s ms.47

[11:00] {jfjf64} out half

[11:01] {ese} and the answer is ????

[11:01] {jfjf64} out all

[11:02] {_levelseven} acas trying

[11:04] {jfjf64} s dis .28 trigger

[11:06] {_levelseven} need good pb to enter

[11:06] {dino} seh sm s .78

[11:10] {_levelseven} acas a player..too bad missed it

[11:12] {Threei}  wow SAY

[11:12] {Threei}  what a dump

[11:12] {jfjf64} crazy

[11:13] {jfjf64} say away

[11:14] {_stockdisk} Thanks threei ACAS ,made some quick $$ thanks for news

[11:14] {Threei}  wtg

[11:16] {jfjf64} break .60 ms  vad  ya  likey

[11:17] {Threei}  sure thing

[11:18] {jfjf64} 1/1

[11:18] {jfjf64} fas  helped  perfectly

[11:19] {dino} sm l pru .88

[11:21] {jfjf64} l .22 jpm   this  set  up been  wkin

[11:21] {ese} Ok outta here for an hour and a bit......have a class to teach

[11:21] {fernp} bye ese

[11:21] {Threei}  take care ese

[11:23] {jfjf64} vad look ms  break .75

[11:24] {jfjf64} 1/1 jpm

[11:27] {vinod} SQNM flying again

[11:28] {Threei}  somehow all the moves have this sluggish feel to them today

[11:29] {Threei}  no real drive

[11:29] {vinod} summer time is always like this

[11:30] {jfjf64} need this fas to get goin  in  ms at .77

[11:32] {Threei}  not necessary vinod

[11:32] {Threei}  last summer was very active

[11:32] {nemo} Yeah, last summer was an abomination though

[11:32] {Threei}  and this sloppy trading feels to me rather caused by other factors

[11:33] {Threei}  for instance, general lack of clarity about this whole rally vs economy

[11:33] {Threei}  "do we sell? do we buy more/"

[11:35] {_levelseven} all they need to do is ask me, ill guide them

[11:35] {nemo} whoa...fancy

[11:35] {dino} out schw flat

[11:36] {_levelseven} is my text coming up red or is that just for me to see?

[11:36] {nemo} it's red

[11:36] {Threei}  red, and don't do it please

[11:36] {jfjf64} red

[11:36] {_levelseven} ok

[11:37] {jfjf64} yeah    lol

06[11:37] * nemo slaps _levelseven around a bit with a large book of Vadettiquette

[11:37] {_levelseven} sorry

[11:37] {_levelseven} was trying to make it another color for me to see

[11:38] {jfjf64} stoped ms  grrr

[11:38] {nemo} Listen l7, there's an obnoxious member limit of 2.  I got both of them covered

[11:39] {_levelseven} sorry nemo, wasnt trying to be obnoxious..ill never post again

[11:39] {nemo} :(

[11:39] {Threei}  nemo has no problem with obnoxious in general

[11:40] {Threei}  he has a problem with "more obnoxious han he is"

[11:40] {nemo} my picture is under the definition in the dictionary

[11:40] {nemo} It's kinda' like Vad and his "Captain Obvious" mantle.

[11:40] {Threei}  yeah... we all have our sensitive spots

[11:41] {Threei}  I feel targeted when someone tries to upstage me in stating the obvious area

[11:42] {nemo} UNG moving

[11:43] {vinod} nemo likes Pick color?

[11:43] {vinod} pink

[11:43] {nemo} chartreuse

[11:44] {nemo} Magoo, Dino:  

[11:44] {nemo} "But I don't want to be Mr. Pink"

[11:50] {dino} ?

[11:50] {nemo} the movie

[11:50] {nemo} what movie

[11:51] {vinod} prety in pink

[11:51] {nemo} X

[11:51] {nemo} ok

[11:51] {vinod} Good sense of humor is a good medicine

[11:51] {nemo} Reservoir Dogs

[11:52] {nemo} You'll never think of the song "Stuck in the Middle with You" the same way again

[11:54] {Threei}  CPST...

[11:54] {Threei}  hard to tell... chart's promising, volume's good

[11:54] {nemo} nothing like a 50% gain

[11:54] {Threei}  still, no real feel of drive that leads to frenzy

[11:55] {jfjf64} vad  any  read  ms  with fas   movin   not  goin anywher  looks lk  want to  drop??

[11:55] {jfjf64} funny   other way    hmmm

[11:56] {nemo} indices jf

[11:56] {jfjf64} what i know

[11:56] {Threei}  not really jf, things are not very well connected right now

[11:58] {nemo} dino dcc

[12:01] {dino}  seh stopped -.13

[12:04] {dino} lol nemo

[12:04] {nemo} hehehe

[12:06] {dino} qcom l .00

[12:08] {dino} don't follow me today, i suck

[12:08] {nemo} mmmhhhh....think you took too much from that video clip

[12:09] {dino} lol

[12:09] {nemo} Mmmmhhh.....think of what his intials stand for

[12:10] {jfjf64} s ms.60 trigger

[12:11] {jfjf64} nope

[12:12] {dino} qcom stopped -.20

[12:17] {vinod} Traders always have opportunities, and in general don’t care about the underlying economy

[12:18] {Threei}  NVAX again

[12:19] {Threei}  WHO confirms that it has raised pandemic flu alert to Phase 6

[12:19] {Threei}  - WHO Chief does not recommend closing borders or any other restrictions on movement of goods, services or people.

[12:19] {Threei}  - Recommends that drug makers finish winter flu manufacturing and then move on to making H1N1 vaccines.

[12:19] {Threei}  - Notes that no prior pandemic has been detected as early as H1N1.

[12:19] {Threei}  - "The virus writes the rules," further spread of H1N1 is inevitable.

[12:19] {Threei}  - Does not expect any sudden increase in fatal cases.

[12:20] {Threei}  daily says long

[12:21] {Threei}  my skepticism about NVAX says, scalp it if you see clean entry

[12:22] {Threei}  from the chart, .25 should take it into .50 area

[12:22] {Threei}  I just can't bring myself to trust NVAX, lol

[12:23] {Threei}  BCRX same area

[12:27] {Threei}  anyone went for it, start partialling

[12:28] {Threei}  BCRX tries to wake up

[12:28] {_levelseven} +.12 on NVAX, thx 3i

[12:28] {Threei}  welcome sir

[12:29] {dino}  gj

[12:30] {fernp} gj l7

[12:31] {Threei}  look at this dump

[12:31] {Threei}  what self-respecting stock would behave like this

[12:31] {ese} like a bad dream....i'm back

[12:31] {nemo} more like herpes

[12:31] {_levelseven} your exit call was perfect

[12:32] {ese} nice nemo nice one

[12:32] {Threei}  ty... I have my moments

[12:32] {Threei}  speaking of dreams, bad and other kind:

[12:32] {Threei}  Venezuelan Oil Minister: expect crude oil to be around $70-$75 at the end of 2009

[12:32] {nemo} has he looked today?

[12:33] {ese} still long fitb .78

[12:33] {Threei}  where is it today nemo?

[12:33] {ese} vit....mucho grondo shs

[12:33] {nemo} almost 73

[12:35] {dino} pnra l .60

[12:37] {Threei}  PLUG... another little long forgotten POS

[12:44] {Threei}  FITB starts working

[12:48] {ese} out fitb .96 +.18  with 9K

[12:48] {Threei}  wtg

[12:48] {ese} tks vade

[12:48] {ese} vad

[12:50] {fernp} gj ese

[12:50] {ese} tks

[12:51] {ese} can now go to work with a swagger in my step.......

[12:51] {Threei}  lol

[12:51] {ese} which of course will be partly vodka induced

[12:51] {Threei}  partly?

[12:51] {Threei}  come on

[12:52] {Threei}  give full credit where credit is due

[12:52] {ese} oh alright....totally

[12:54] {ese} one question for you though vad....i'm actually surprised that this stock ran up during the lunch hour......thats kinda odd isn't it

[12:55] {Threei}  yes... but FITB lately does behave a bit differently

[12:55] {ese} would that be an indicator of more strenght for the day

[12:56] {ese} when it does this during lunch.....someone dying to get in etc etc

[12:57] {Threei}  compare FITB's daily to FAS's one

[12:57] {ese} ok

[12:58] {ese} hmmmmmm  it's kind of ahead of fas...but same basically

[13:00] {ese} now opposite

[13:02] {Threei}  TREASURY'S $11B 30-YEAR BOND REOPENING BID-TO-COVER RATIO: 2.68 V 2.40 PRIOR AND 2.42 AVE OVER THE LAST 5 REOPENINGS

[13:02] {Threei}  - indirect bidders take 49% of competitive bids

[13:02] {Threei}  - bonds draw 4.720% with % alloted at the hi

[13:03] {Threei}  nice spike finnies

[13:03] {Threei}  7.90 deserved an entry, FITB...

[13:04] {Threei}  these auction news always take me too long to comprehend

[13:04] {ese} yes......was looking at something else ....missed it

[13:04] {jfjf64} thinkin 8  just got  back   looks  lk i missed  dance

[13:06] {ese} yup ...it was a nice little waltz

[13:07] {ese} if it consolidates with some higher lows.....i'll consider 8 as well

[13:07] {Threei}  Prez on TV if anyone missed him

[13:07] {jfjf64} nice nice

[13:08] {jfjf64} hopefully i  get a  chance with  her  

[13:08] {dino} pnra stopped -.13

[13:09] {Threei}  {nemo} I'll leave that one alone

[13:13] {Threei}  White House Spokesperson: President Obama continues to support Fed Chariman Bernanke (related EUR/USD )

[13:13] {jfjf64} surprized?

[13:14] {nemo} tbt took a pounding on the auction results

[13:14] {Threei}  mostly by the fact that the topic even surfaced

[13:14] {nemo} slow newsday

[13:15] {jfjf64} s jpm .46 trigger

[13:16] {jfjf64} nope

[13:24] {_levelseven} stocks seem to be picking up

[13:26] {Threei}  not finding candidates here

[13:29] {_levelseven} cpst testing new hi

[13:32] {ese} stupid windows ........cuts me off for udates...&^%&%$#

[13:32] {Threei}  take if off auto

[13:32] {ese} how do you do that

[13:33] {Threei}  contol panel - security center - updates

[13:33] {ese} tks

[13:35] {ese} done!!!

[13:35] {_levelseven} 最大3セント、下3セント

[13:36] {nemo} he's at it again

[13:36] {ese} what does that mean....long something....short something

[13:36] {ese} speak up man!

[13:37] {_levelseven} sorry, thought this was my japanese forum

[13:37] {ese} ha ha ha....good one

[13:37] {_levelseven} :D

06[13:37] * nemo {---depressed

[13:40] {dino} pru stopped -.20

[13:46] {_levelseven} cpst one heavy stock

[13:49] {dino} apol sm l .01

[13:49] {ese} gotta go all see ya tomorrow

[13:50] {Threei}  take care ese

[13:50] {fernp} bye ese

[14:08] {Threei}  wow... boredom kingdom

[14:09] {nemo} see pru dino

[14:09] {dino} yeah

[14:09] {dino} qcom too

[14:14] {magoo} .

[14:14] {nemo} ?

[14:15] {Threei}  NVAX CEO: Expecting to sign new licensing deals in Q3; targets initiation of H1N1 human trials in 2009 (3.30, 0.30, 10.00%)

[14:15] {Threei}  what's with F?

[14:17] {dino} intc l .50

[14:17] {dino} f'ng pru stops me and then runs a buck

[14:20] {Threei}  C Reportedly planning debt issuance with no FDIC backing

[14:31] {Threei}  (KS) US Envoy: Notes the US is committed to resolving its differences with North Korea via diplomacy, affirms US will take "necessary steps" if North Korea definance continues (related USD/KRW GLD )

[14:33] {dino} apol stopped -.28

[14:33] {nemo} take a break dude

[14:35] {dino} yeah i should

[14:36] {dino} some days you eat the bear, some days the bear eats you

[14:36] {nemo} 3 days out of the last 36?

[14:37] {dino} y

[14:37] {nemo} beer in the frig?

[14:37] {dino} yes, but i have to coach tonight

[14:38] {nemo} 1 or 2 shouldn't be a problem...

[14:41] {dino} intc stopped -.11

[14:42] {_levelseven} cpst liftoff

[14:42] {dino} amag

[14:42] {Threei}  ummm

[14:43] {Threei}  2 cents liftoff - I sure hope folks launching spaceships know better how to do it :)

[14:43] {Threei}  but yeah, it looks inytresting

[14:44] {nemo} nutbuster

[14:44] {Threei}  1.15 break finally did it

[14:46] {Threei}  scalpers of type I paradise

[14:46] {_levelseven} makes u suffer too long for it tho

[14:46] {Threei}  these thick ones are always like this

[14:47] {_levelseven} i prefer the buys at 10, then sell at 10:01

[14:48] {Threei}  one more thing to watch fopr possible, umm, liftoff

[14:48] {Threei}  ALTI

[14:49] {Threei}  (US) Senate achieves sufficient votes for passage of legislation granting the FDA the power to regulate tobacco

[14:49] {Threei}  - Voting is ongoing at this time. (related RAI MO L CG UVV BTI VGR PM LO STSI )

[14:49] {Threei}  F Reportedly has no plans to issue additional equity - unconfirmed report (5.99, -0.20, -3.23%)

[14:51] {_levelseven} regulate = tax more

[15:01] {Threei}  you holding any CPST, l7?

[15:02] {Threei}  feels like scrawl is not over

[15:03] {Threei}  can't in good conscience call it a run

[15:03] {magoo} weird day..no power

[15:03] {Threei}  told ya hours ago, felt very sluggish

[15:03] {nemo} 100 point day on DOW and no power

[15:04] {magoo} i haven't read u in hours he he

[15:04] {Threei}  mags... you got something heavy handy?

[15:04] {magoo} huh?

06[15:05] * nemo crawls into cave...closes door...pulls blanket over head

[15:05] {Threei}  just making sure I can do this safely:

06[15:05] * Threei slaps magoo around a bit with a large very heavy book of Best Threei's Quotes for the Last %5 Hours

[15:06] {nemo} has no pages

[15:06] {Threei}  CPST is likely to pop over .30

[15:06] {Threei}  after that, who knows

06[15:06] * Threei slaps nemo around a bit with a large another copy of that same book... count pages NOW

[15:07] {nemo} I'm in my cave

[15:07] {Threei}  not much help... that book breaks any doors

[15:07] {magoo} BAC breaking out

[15:08] {Threei}  BAC is stronger that FAS today

[15:08] {Threei}  too bad FITB lost momo

[15:08] {Threei}  CPST is ready for the next leg

[15:09] {_stockdisk} Threei what is momo

[15:09] {Threei}  momentum

[15:09] {Threei}  sorry for the slang

[15:09] {Threei}  I am just too lazy to type full words

[15:09] {Threei}  here comes the bride... err CPST

[15:10] {nemo} I m  ust o zy o ype ull rds

[15:10] {Threei}  sigh

[15:10] {nemo} cpst braches .30

[15:10] {Threei}  abuse I take...

[15:10] {_levelseven} i dumped it on the first break of .15

[15:10] {Threei}  wow... you are stingy

[15:11] {_levelseven} im greedy pos

[15:11] {Threei}  okay... greed is good

[15:11] {_levelseven} i like nickels & dimes

[15:11] {nemo} that's a copyright infringement

[15:11] {Threei}  I have no read on it after break of .30, need new consolidation

[15:12] {Threei}  that's what I told G.Gekko, nemo

[15:12] {_levelseven} im hopin it falls to .75 asap

[15:12] {Threei}  CPST? to .75?

[15:12] {nemo} might go back to a buck

[15:12] {_levelseven} makes my sale look good then

[15:13] {Threei}  that's right there with Chavez dream of oil at 150

[15:13] {_levelseven} his dream came true last year

[15:14] {Threei}  CPST won't give you such low today... but do keep an eye on ALTI

[15:14] {Threei}  on CPST, I'd say:

[15:14] {Threei}  if you get 1.10 zone today, grab it

[15:14] {Threei}  and be ready to hold overnight

[15:16] {Threei}  welcome to the jungle grasshopper

[15:16] {nemo} didn't the find "grasshopper" in a Bangkok hotel closet?

[15:17] {_grasshopper} :)

[15:17] {jfjf64} im back   anybody  miss me

[15:17] {Threei}  nemo... guess why I find your rudeness troubling

[15:17] {Threei}  no jf

[15:18] {nemo} tell me

[15:18] {Threei}  hint:

[15:18] {jfjf64} comon

[15:18] {Threei}  not because rudeness troubles me... not in the least

[15:18] {nemo} guess I should have stayed in the cave

[15:18] {Threei}  lol

[15:18] {Threei}  come on guess

[15:18] {nemo} having a brainfart at the moment

[15:19] {Threei}  oh boy... it's so simple

[15:19] {nemo} even a nemo could guess it!

[15:19] {Threei}  because you are more rude than I am, and I don't like competition

[15:19] {nemo} I figured

[15:19] {nemo} O.K.

[15:19] {Threei}  now... let's focus on jf

[15:20] {nemo} Grasshopper, welcome aboard, I hope you enjoy your stay on the good ship Vadym

[15:20] {nemo} JF

[15:20] {Threei}  wow... skies haven't seen nemo this polite in the last two millenia

[15:20] {nemo} o.k. yeah, like I miss alimony payments

[15:21] {nemo} So...tell us about yourself Grasshopper?

[15:22] {nemo} By your name, are you an entymologist by profession

[15:22] {Threei}  or maybe better not...

[15:22] {nemo} A practitioner of mystical eastern arts

[15:22] {jfjf64} you  guys  been drinkin

[15:22] {Threei}  who would want to tell anything about themselves to a guy who is either a lost fish or mad captain of a submarine

[15:22] {nemo} This is what happens when I stop JF

[15:23] {Threei}  rather bored out of our minds jf

[15:23] {Threei}  well... those of us who have those

[15:23] {Threei}  I am bored out of my skull

[15:23] {nemo} yeah, my thoughts exactly up .03 down .02 up .06 down .04

[15:23] {_levelseven} cpst रात आयोजित एक से अधिक हो सकता है

[15:24] {nemo} come again L7

[15:24] {Threei}  janitor raises his eyebrows

[15:24] {nemo} L7 is that a cellblock designation?

[15:24] {_levelseven} sorry, thought i was posting on a hindu site

[15:24] {Threei}  no one posts in russian

[15:24] {Threei}  sniff sniff

[15:24] {jfjf64} you  guys  hv  fun   im  searchin  for that one        momma  needs a new  pair of  shoes   ill keep  ya  posted

[15:25] {nemo} Time to take away the belts pens and shoelaces

[15:25] {_levelseven} надеюсь, что это заставляет вас чувствовать себя как дома

[15:25] {Threei}  jf... tell momma it's a crisis, better fix old ones

[15:25] {Threei}  wow L7

[15:25] {nemo} Yo K, bitte etwas auf Deutsch schreiben

[15:26] {Threei}  guys I hate buying breaks on finnies

[15:26] {Threei}  but BAC starts looking like worthy one

[15:26] {jfjf64} im  watchin   wow

[15:26] {Threei}  .20 break long

[15:26] {jfjf64} yeah

[15:26] {Threei}  discretionary trade

[15:26] {_grasshopper} Hi Nemo we actually met @ CTAB

[15:27] {Threei}  grasshopper... now the most elegant thing to do would be to leave him to guess for a few days :)

[15:28] {nemo} whoa...California

[15:28] {jfjf64} push  this  fas vad

[15:28] {nemo} Geez, and I was relatively well behaved there.  

[15:28] {_grasshopper} Ok I will

[15:28] {_grasshopper} :)

[15:29] {Threei}  ty, I will enjoy his torture :)

[15:29] {nemo} What's so elegant about it

[15:29] {Threei}  there

[15:29] {Threei}  I am glad BAC didn't break, to say honestly

[15:29] {jfjf64} hmm

[15:29] {nemo} Vad, what's your birthday, I need to burn a couple of diagrams :)

[15:30] {Threei}  I don't feel easy about buying this kind of breaks

[15:30] {Threei}  lol

[15:30] {nemo} I know you hate indicators, but the stochastics had been dropping on it since 3:00

[15:30] {jfjf64} s afl.98

[15:30] {Threei}  Update: NY: Fed: Dealers submit $0B in 28 day, $25B TSLF auction; $0B accepted; bid to cover ratio 0

[15:30] {Threei}  - Stop out rate 0.10%

[15:30] {Threei}  - Note: This is 6th consecutive schedule 1 collateral auction that received no bids

[15:30] {Threei}  wow

[15:30] {Threei}  that's what triggered selling

[15:31] {jfjf64} in

[15:32] {nemo} mojo

[15:37] {Threei}  CPST either will hold support 1.20 and finish closer to high, or break it and give chance for 1.10

[15:37] {nemo} interesting, that auction results also sold off PMs

[15:37] {Threei}  no way to tell which is more likely

[15:37] {Threei}  so if you are warm to the idea of taking it overnight,

[15:37] {Threei}  get hal;f near 1.20

[15:37] {Threei}  and wait for breakdown to get another half

[15:38] {Threei}  why not nemo

[15:38] {Threei}  that's what we see lately

[15:38] {vinod} is it a buy at 1.10 CPST ?

[15:38] {nemo} why not what

[15:38] {vinod} o.k i was not here

[15:38] {jfjf64} ty vinod

[15:38] {Threei}  only if you are willing to hold overnight vinod

[15:39] {vinod} I can't see all post 

[15:39] {nemo} Blue Horshoe likes CPST Vinod

[15:39] {vinod} thanks i will

[15:39] {jfjf64} bac  break .10 vad

[15:40] {Threei}  long?

[15:40] {Threei}  nah

[15:40] {jfjf64} ty

[15:40] {Threei}  there is no spring in market's step today

[15:41] {Threei}  see, even nemo doesn't hope for PPT to arrive

[15:41] {nemo} plus a 4-6 cent stop with a triple top at .18 not much reward for risk

[15:42] {nemo} Don't need PPT today, up 75 points

[15:42] {Threei}  ah

[15:42] {Threei}  jeez

[15:42] {Threei}  LLY Court documents show Lilly ghostwrote articles for marketing Zyprexa, placing doctors names on studies it authored

[15:42] {Threei}  any area of life is not corrupted?

[15:43] {_levelseven} daytrading

[15:43] {nemo} Depends on what your definition of corruption is

[15:43] {Threei}  come on someone, name me one, I need my faith in humanity back

[15:43] {_levelseven} prostitution

[15:43] {nemo} birth

[15:43] {nemo} related

[15:43] {nemo} L7 you need help

[15:43] {nemo} I know

[15:44] {nemo} Do you have the same problems typing with your elbows because of these reaaaaaallllly long sleeve shirts they make me wear

[15:45] {Threei}  one more alt energy name finishing at the high:

[15:45] {vinod} PPT can also play game otherway around?

[15:45] {Threei}  EMKR

[15:46] {_levelseven} i need something for overnight

[15:46] {Threei}  our morning ESLR exit looks pure genius

[15:47] {Threei}  L7... you are venturing in dangerous territory... with nemo around, that line serves for like 15 jokes

[15:47] {_levelseven} lol

[15:47] {_levelseven} cpst wont let it go

[15:48] {_levelseven} strong finisher could be overnighter

[15:48] {Threei}  both CPST and EMKR...

[15:48] {nemo} Only thought on CPST is it has a habit of pulling back on the news.  You had news today, and tomorrow is Friday

[15:49] {_levelseven} both hod

[15:50] {Threei}  ALTI looks tempting too

[15:51] {Threei}  decide for yourself guys,

[15:51] {jfjf64} s jpm .10 break

[15:51] {Threei}  overnights is not something i call officially wirth ease

[15:52] {Threei}  and lord knows I did quite a few recently

[15:52] {_levelseven} in both

[15:53] {Threei}  new high on close in both

[15:53] {nemo} You took two home with you the other night Vad...impressive

[15:53] {_levelseven} gotta go with hod + vol

[15:53] {Threei}  yeah nemo, and with wife being home too it took quite a trickery

[15:53] {nemo} I thought she runs the camera

[15:54] {Threei}  janitor is angry

[15:54] {_levelseven} prob shoulda have waited a few more mins

[15:54] {Threei}  he hates editing

[15:54] {Threei}  jusy keep sizes reasonable L7

[15:54] {_levelseven} let all u daytraders dump ur positions first

[15:54] {Threei}  overnight is overnight

[15:54] {Threei}  anything can happen

[15:55] {Threei}  one more thing:

[15:55] {Threei}  lately many of them continue moving after hours,

[15:55] {Threei}  if you have price you'd be happy with in mind, try and put it for sale after close

[15:55] {_levelseven} yea, ill be watching

[15:56] {jfjf64} half out jpm

[15:56] {Threei}  people come home, see news about CPSATY putting their turbine in Ford van

[15:56] {nemo} nice on JPM JF

[15:56] {Threei}  new highs, breakout, volume

[15:56] {Threei}  think :"we better get it today before it gaps and runs tomorrow"

[15:56] {Threei}  and there you are, merrily selling to them

[15:57] {_levelseven} thanks for cheering me up

[15:57] {Threei}  good job jf

[15:57] {jfjf64} all out

[15:57] {Threei}  nice short and good cover

[15:57] {Threei}  now I have to confess,... quite a few people missed you

[15:57] {Threei}  and dcced me asking "where is jjf, we miss him"

[15:57] {jfjf64} ty

[15:58] {_levelseven} now lets finish strong

[15:58] {Threei}  one phoned and cried

[15:58] {nemo} Oh geez, Vad, I don't have my boots on

[15:59] {vinod} what happeb nemo_brought market down?

[15:59] {_grasshopper} wading boots if this keeps up,  hipsters

[15:59] {dino} gotta hop, thx all, i'll do better tomorrow

[15:59] {nemo} I'm thinking a dive suit myself

[15:59] {nemo} nite Dino

[15:59] {Threei}  take care dino, there is always tomorrow

[16:00] {Threei}  nice close on both, L7

[16:00] {vinod} Nite to all

[16:00] {nemo} Vino :)

[16:00] {Threei}  let's hope momo continues

[16:00] {Threei}  okay guys

[16:00] {Threei}  thank you all

[16:01] {Threei}  have a good evening

[16:01] {fernp} good evening all. see u tomorrow

[16:01] {Threei}  see you tomorrow

[16:01] {dino} :)

[16:01] {Threei}  FNSR Reports Q4 $0.00 v -$0.01e, R$116.7M v $120.7Me (0.85, 0.07, 8.97%)

[16:02] {Threei}  whoa

[16:02] {Threei}  IMGN Elects to Discontinue Further Internal Development of Its IMGN242 Compound

[16:02] {Threei}  - elected to discontinue further internal development of its IMGN242 gastric cancer compound and to ... (8.25, 0.11, 1.35%) more...

[16:03] {_levelseven} =IMGN sellin

[16:04] {nemo} I like the stink bids

Jun 10 2009

Very nice day with ESLR run as a main dish. Stock perfectly set up for three styles with single trigger: for scalpers, day traders and swing traders. All three are in the money, with day traders getting 1:4 risk/reward and swing traders taking first partial and securing the rest by trailing stop.

Session Time: Wed Jun 10 00:00:00 2009

[08:17] {vinod} GM to all

[08:18] {vinod} will be back at 9.30

[08:25] {Threei}  Good morning

[08:30] {Threei}  *(US) APR TRADE BALANCE: -$29.2B V -$29.0BE

[08:30] {pita} greetings

[08:31] {fernp} good morning everybody

[08:31] {Threei}  pita, fern :)

[08:32] {Threei}  anyone sees any news on ESLR?

[08:33] {ese} good morning

[08:33] {ese} was just looking at ESLR

[08:34] {Threei}  ese :)

[08:34] {ese} up .20   .....i still have a long position there 6k from a while back at 3.38

[08:34] {Threei}  you investor you

[08:35] {ese} i know.....just couldnt resist

[08:36] {ese} it has enough future work/contracts to put that stock somewhere between$30/40 bills

[08:36] {vinod} I have 3K eslr cost is 4.10

[08:37] {ese} hey V

[08:37] {ese} this one is a long term hold for sure

[08:38] {vinod} ESLR is closer to my home

[08:38] {ese} ahhhh  .....what do you know about V

[08:39] {ese} about them

[08:39] {nemo} transaction revenue, holds no consumer debt

[08:39] {vinod} lots of friend wotk there and working 7/24 very busy

[08:39] {vinod} but stock keepgoing down

[08:40] {ese} morning nemo

[08:41] {nemo} I thought you were asking about "V" ese.  ESLR has heavy debt burden

[08:41] {vinod} Nemo:):)

[08:41] {nemo} vino :)

[08:42] {ese} I think most solar companies do have heavy debt.......still an industry in it's infancy

[08:42] {vinod} they depend on goverment handout

[08:42] {nemo} don't disagree, but the ability to get credit becomes the bigger issue

[08:43] {ese} for sure

[08:44] {nemo} so you had the double whammy of credit and oil price collapse.  Oil is back, credit not yet

[08:44] {vinod} raising oil will drive solar stock

[08:44] {nemo} already has, look at oil in comparison to tsl and stp

[08:47] {vinod} for solar i prefer TAN instead of any perticular stock

[08:48] {ese} why is that V

[08:48] {vinod} it is ETN little less risk than individual stock

[08:49] {nemo} Mmmmmhhhh...Vinod talking about less risk...glad I'm sitting down

[08:49] {vinod} after taking pounding in ESLR

[08:50] {nemo} yeah

[08:50] {nemo} but eslr took a pounding when everything else took a pounding

[08:51] {vinod} they lost 45Mil in LEH bankrupcy

[08:51] {nemo} oh yeah...remember those

[08:52] {vinod} other wise stock was around 9-12

[08:52] {nemo} those were shares pledged for debt if I remember correctly

[08:52] {vinod} yes

[08:53] {ese} oh ya....forgot about that nemo.....LEH too them for a ride there

[08:53] {ese} took

[08:53] {vinod} they replaced that money with hifh interest rate and tough term

[08:54] {nemo} yeah, Lehman did even kiss them behind the ear

[08:54] {magoo} morning

[08:54] {vinod} and stock went to around a buck and i was cooked

[08:54] {nemo} neat timing Mags

[08:55] {Threei}  magoo :)

[08:55] {magoo} hey guyus

[08:55] {magoo} sigh

[08:56] {magoo} guys

[08:56] {_levelseven} good morning RT's

[08:56] {Threei}  l7 :)

06[08:56] * nemo slaps _levelseven around a bit with a large trout

[08:57] {_levelseven} ouch

[08:57] {nemo} it's just a fish l7...not like the 2x4 Mags uses on me

[09:00] {_levelseven} 鱼味道不如木材

[09:00] {nemo} nemo me impune lo quesit

[09:00] {_levelseven} this translation thing is cool

[09:01] {nemo} where?

[09:01] {_levelseven} wasnt my ealier post in chinese?

[09:01] {nemo} yeah...where did you find the translation thing?

[09:02] {_levelseven} right below the text box

[09:02] {_levelseven} 鱼味道不如木材

[09:02] {Threei}  that's mibbit thing nemo

[09:02] {Threei}  not mirc

[09:02] {nemo} ahhhh...I have mirc

[09:02] {_levelseven} shhhh, maybe everyone will think im smart knowing so many languages

[09:03] {nemo} You're here dude, no way

[09:03] {_levelseven} lol

[09:05] {vinod} nemo take a look at SAY in your spare time

[09:06] {nemo} the charts, or do fundamental research?

[09:06] {vinod} fubdamental-i know company good 

[09:06] {nemo} was that the guy who tried to finance his son's company

[09:07] {vinod} yes, now it is sold to good people 

[09:08] {nemo} closed above resistance from April 6 yesterday, had falling volume on the recent pullback

[09:08] {Threei}  nothing on ESLR still

[09:08] {Threei}  I like that actually

[09:09] {nemo} Gapped up yesterday, would want to see it maintain that gap

[09:09] {Threei}  if it starts climbing on now news, it could be sustainable move

[09:11] {nemo} strong this morning Vinod

[09:12] {vinod} yes, i expect 10 with in six month. i got in at 2.10

[09:13] {vinod} has 17000 us mployee

[09:13] {nemo} I remember when you played it right after the bad news.  You made a killing

[09:14] {vinod} they are working on cyber crime with us goverment

[09:14] {nemo} I'm kinda' ambivalent about that :)

[09:15] {ese} what stock are you referring to V?

[09:15] {vinod} SAY

[09:15] {Threei}  let's assume ESLR starts serious move and look how to play it

[09:15] {ese} ok

[09:15] {Threei}  early stage of reversal usually gives nasty pullbacks

[09:15] {nemo} you get that E?

[09:16] {Threei}  so let's try to get in on one of those

[09:16] {Threei}  sharp selling under 2.10, possibly closer to 2

[09:16] {ese} yes

[09:16] {vinod} under 2.10 for ESLR?

[09:17] {Threei}  worth a try

[09:17] {Threei}  as usual, if it drops here:

[09:17] {Threei}  watch for stall, stabilization, signs of strength

[09:18] {Threei}  If no pullback and it forms consolidation near the high, will re-evaluate

[09:18] {_traderw} goodmorning

[09:18] {nemo} V...SAY right @200 day

[09:19] {Threei}  traderw :)

[09:19] {jfjf64} mornin

[09:19] {Threei}  jf :)

[09:19] {Threei}  SQNM nice pullback

[09:20] {Threei}  let's let it settle down and watch for signs of strength resumption

[09:20] {jfjf64} like takin candy  from  baby   lol lol lol

[09:22] {vinod} vad-said yesterday SQNM at 4.50 a buy

[09:22] {jfjf64} 3.70

[09:23] {vinod} said near closed

[09:23] {dino} gm all

[09:24] {jfjf64} morni dino

[09:24] {Threei}  dino :)

[09:25] {dino} :)

[09:26] {dptl} good morning all

[09:26] {Threei}  dp :)

[09:26] {nemo} dino dp :)

[09:29] {Threei}  ESLT dive

[09:29] {Threei}  ESLR

[09:30] {Threei}  SQNM Hearing Caris commenting on stock activity, does not see reason for strength (53.40, 0.00, 0.00%)

[09:30] {nemo} hehehehe

[09:30] {Threei}  does not see reason for strength after speaking with the company

[09:32] {Threei} Long Setup:  ESLR  2.10 break

[09:32] {Threei}  stop for scalpers under 2.05

[09:32] {Threei}  for daytraders under 2

[09:32] {magoo} in

[09:33] {Threei}  and for swing trade if you are so inclined, under 1.80

[09:33] {nemo} in

[09:33] {Threei}  if you got SQNM near 4.50, just a bounce scalp

[09:34] {vinod} ineslr

[09:38] {jfjf64} lets get these .14 out of way

[09:38] {Threei}  hear that chomping sound?

[09:39] {nemo} I hear my teeth gnashing

[09:39] {Threei}  ESLR is not a fast one, too thick

[09:39] {jfjf64} chomp  chomp  chomp

[09:39] {Threei}  pesky scalpers got 1:1 on ESLR

[09:41] {nemo} ty

[09:41] {dino} efut drop

06[09:41] * Threei adds nemo to the list of pesky scalpers

[09:42] {jfjf64} showin  strength

[09:42] {Threei}  SQNM formed double bottom

[09:42] {nemo} well, I partialed at scalp

[09:42] {nemo} so what does that make me?

06[09:42] * Threei correct list - nemo is partially pesky and partially scalper now

[09:43] {magoo} aapl hammered vad

[09:43] {Threei}  bounce time AAPL

[09:43] {Threei}  .15 long

[09:43] {Threei}  stop under 140

[09:43] {magoo} in .12'

[09:44] {Threei}  wtg

[09:44] {Threei}  keep stop and let it trade

[09:44] {Threei}  over 1:1

[09:44] {Threei}  half out

[09:44] {Threei}  wow SAY

[09:44] {Threei}  good one vinod

[09:45] {vinod} i didn't buy it

[09:45] {nemo} he's "invested"

[09:45] {Threei}  aww... you brought it to our attention, I thought you had it

[09:45] {Threei}  AAPL, 1: a lot

[09:46] {Threei}  feel free to take profit as you see fit

[09:50] {Threei}  mags, tell me you are out??

[09:50] {magoo} yup

[09:50] {Threei}  whew

[09:50] {vinod} damm appl

[09:50] {Threei}  went up almost a buck

[09:51] {Threei}  still above entry

[09:51] {vinod} didn't stop out yet

[09:58] {dino} shld sm l .50

[09:59] {nemo} stop?

[09:59] {vinod} ESLR is stuck around 0.17

[09:59] {nemo} army boots vad

[09:59] {Threei}  ah be gentle

[10:00] {nemo} frickin' flower child

[10:00] {Threei}  thing stays near high while NQ sells down 15 points

[10:00] {Threei}  what else do you want

[10:01] {nemo} I want my unrealistic expectations fulfilled

[10:01] {vinod} i can look only one thing at a time

[10:01] {pita} I'm out, it'll take off now - ty 1:1

[10:01] {Threei}  Fed's Lacker: Labor market may weaken further; seeing evidence of consumer resilience; recession may end later this year

[10:01] {Threei}  - Remarks that fiscal stimulus may only have a 'marginal impact'; must not wait too long to move towards preventing inflation

[10:01] {Threei}  - Comments that seeing some signs housing market could bottom out in 2009

[10:02] {Threei}  duly noted pita

[10:02] {Threei}  I have your e-mail btw, will answer later in the day, sorry

[10:03] {pita} at your convenience, not urgent

[10:03] {dino} shld stopped -.41

[10:03] {vinod} out appl 0.53 see you after 13.30

[10:04] {dino} cya vin

[10:04] {Threei}  take care vinod

[10:05] {dino} s/p stopped right next to 950

[10:06] {pita} bounce point AAPL?

[10:06] {Threei}  too late for off.50...

[10:06] {ese} wish these fed guys would just shut up.....everytime they open there mouths.......man the market tanks

[10:07] {dino} psys

[10:15] {Threei}  PSYS Weakness attributed to report PSYS lost a contract with Nevada health agency

[10:16] {ese} L intc avg.35......some from yesterday more today

[10:18] {nemo} chin hit the keyboard yet Vad?

[10:18] {ese} dino....what do you think of sina,  -2.33

[10:19] {ese} price target cut to 23

[10:21] {dino} sina cut to sell, usually they drop 2 bucks

[10:22] {dino} profit falls 33%

[10:22] {ese} a day

[10:22] {dino} ads slump

[10:22] {ese} hmmm

[10:22] {dino} yes 2 bucks on a sell is typical

[10:22] {dino} we missed psys

[10:22] {ese} might try this ....1/2 lots swing short

[10:22] {ese} 1/2 lot

[10:22] {dino} wanted 17.30 when it was 17.45

[10:22] {nemo} psys didn't give much opportunity

[10:23] {ese} ya was lookin at it

[10:23] {dino} watching palm, fdo, wynn, psys, efut

[10:23] {dino} shld

[10:23] {dino} yeah, psys a pulp stock

[10:23] {nemo} define "pulp" please

[10:24] {ese} chews you up

[10:24] {nemo} oh

[10:24] {Threei}  "pulp can move baby"

[10:24] {Threei}  (G. Costanza)

[10:24] {ese} the wrong way

[10:25] {nemo} like that stuff the baby spits up on your shoulder

[10:25] {dino} seinfeld, george gets pulp in his eye, as 3i said above

[10:25] {dino} how about palm

[10:25] {ese} l fitb..30

[10:25] {nemo} Mary?

[10:26] {nemo} sqnm bottoming?

[10:26] {ese} sorry .32

[10:26] {Threei}  I'd try .65 break nemo

[10:26] {nemo} yeah, palm looks like it's strengthening

[10:27] {Threei}  if it's holding .55

[10:27] {ese} out fitb .41

[10:27] {ese} +.09

[10:27] {dino} sm l palm .10

[10:27] {Threei}  PALM strengthening?

[10:27] {Threei}  looks breakdownish to me, careful

[10:28] {nemo} nice on FITB E

[10:28] {Threei}  market strength may save it if NASDSSQ recovers for real

[10:28] {nemo} yeah, looks like everything is mirroring the market right now

[10:28] {Threei}  excpet FITB

[10:28] {nemo} of course

[10:28] {dino} bwld, pnra mcd holding

[10:29] {ese} ya i know....fitb surprised me there

[10:30] {ese} just barely caught that little run

[10:30] {fernp} SLM 8 break, Bad?

[10:30] {fernp} Vad

[10:30] {Threei}  *DOE CRUDE: -4.38M V -200KE; GASOLINE: -1.55M V +1.2ME; DISTILLATE: -318K V +1.1ME

[10:30] {_levelseven} efut nice bounce

[10:31] {Threei}  worth a try fern

[10:31] {Threei}  it's very narrow and slow today

[10:31] {fernp} ok

[10:31] {Threei}  but if market is done dropping (and looks like it), should provide a scalp

[10:31] {dino} ibkc

[10:31] {dino} thinny

[10:33] {dino} missed it l7, wanted 10

[10:33] {ese} L fitb .36 pullback

[10:34] {_levelseven} stocks feet stuck in mud this morning

[10:36] {dino} fdo l .65

[10:37] {Threei}  MS Co President: Have seen the bottom of the financial crisis; economy has 'stabilized' - TV interview

[10:37] {Threei}  - Remarks that many factors still must take place for a recovery

[10:39] {dino} easy to say w/lows 28% under

[10:39] {Threei}  no kidding

[10:40] {nemo} If $ keeps falling and oil keeps going up Xmas season should be really funny...but I'm getting ahead of myself

[10:40] {Threei}  45% Say Cancel Rest of Stimulus Spending

[10:40] {Threei}  yeah, fat chance

[10:41] {nemo} Yeah, that was mostly a restoration of spending Bush cancelled.  Got nuttin' to do w/stimulus in the 1st 2nd or last place

[10:41] {dino} sm l ibkc .00

[10:41] {dino} thin wide

[10:43] {dino} i'm w/the 45%

[10:43] {nemo} me 2

[10:49] {nemo} stop sqnm

[10:50] {Threei}  Canadian Financial Offical: USD to remains worlds primary currency for some time

[10:50] {Threei}  some time?

[10:50] {Threei}  lol

[10:50] {nemo} Yeah, a worldwide supply of toilet paper

[10:50] {pita} Sears catalog somewhat softer

[10:52] {pita} pretty slow mkts

[10:52] {nemo} ya' think

[10:52] {nemo} matches my wits perfectly

[10:52] {pita} Captain Obvious

06[10:53] * nemo gives vad a tissue

[10:53] {Threei}  I don't concede just yet

[10:53] {Threei}  today is Wed

[10:53] {Threei}  there, beat this

[10:53] {nemo} Ahhh.....the sun came up this morning

[10:53] {pita} 10:53 EST

[10:54] {nemo} I win

[10:54] {Threei}  yeah... you guys give me run for my money

[11:01] {dino} shld last try sm l .10

[11:07] {Threei}  there is just no spark in the market today

[11:07] {Threei}  yesterday there was life, excitment

[11:08] {Threei}  today is swamp

[11:11] {fernp} WU long .37

[11:11] {jfjf64} chk s.48

[11:11] {fernp} stop under .30

[11:12] {dino} wow 3i, yesterday i was bored all a.m., today lots of stuff i'm missing, you and i are oppositeno offense of course

[11:13] {nemo} you both had good days yesterday

[11:13] {dino} yes

[11:14] {Threei}  what do you mean no offense

[11:14] {nemo} today might be getting whacked by the oil numbers too

[11:14] {Threei}  if I don't take offense, I will have absolutely nothing to do at all

[11:14] {Threei}  this is my only chance to find what to do

[11:14] {dino} i mean, i'm not disrecting you

[11:14] {dino} disrespecting

[11:15] {dino} ohh, ok

[11:15] {Threei}  I understand... but if I pretend I don't, we can strat a fight and spend time productively and with fun

[11:15] {dino} them's fighting words

[11:15] {Threei}  there... see? fun is about to start :)

[11:16] {Threei}  for the beginning let's practice on magoo

[11:16] {pita} trouting anyone?

06[11:16] * Threei slaps magoo around a bit with a large practicing trout

06[11:16] * nemo slaps magoo around the ankle with a large trout

[11:17] {_levelseven} mkt not cooperating at all, I chose to blame my wife

[11:17] {dino} he's sidetracked w/real estate issues this morning

[11:17] {Threei}  all the better dino

[11:17] {Threei}  that's a valid choice too L7

[11:17] {dino} l7 is going to fit in fine

[11:18] {nemo} Welcome to the Asylum...meet your janitor-Vad...doesn't like foul language or innuendo

[11:18] {dino} i prefer, welcome to the jungle

[11:18] {Threei}  who said I don't like them?

[11:18] {Threei}  I don't like additional work if I have to edit them out

[11:18] {nemo} we get going the janitor is always waking up looking at us

[11:19] {nemo} splitting short an curlies there

[11:20] {_levelseven} threei, does chaeron still come here?

[11:20] {vinod} its time for JAZZ

[11:20] {nemo} I saw that

[11:21] {Threei}  he is out for a bout a month

[11:21] {vinod} may be good to enter around 2?

[11:22] {Threei}  can't tell in advance... let's see how it acts if it gets there

[11:24] {Threei}  it completed half of phase III... providing second half shows good results it plans to submit FDA application at the end of 2009

[11:24] {Threei}  sounds to me like recipe for fizzling out

[11:24] {Threei}  it moved as it did only because of general bio hoopla, but tnay dies down too

[11:27] {dino} end of 09 is a long time

[11:27] {Threei}  yeah

[11:27] {Threei}  and :providing second half is good"...

[11:27] {vinod} I am for end at 4.00 p.m

[11:29] {dino} by 4 i expect to be pounding down a brew

[11:30] {vinod} we are allowed to talk about vodka only

[11:32] {dino} no vin, i have to shoot a round of golf tonight, beer and tequilla only

[11:36] {_navigateqd} gone short PH and RS, I stopped out RS and holding my PH short position

[11:36] {Threei}  what price are you short PH at?

[11:38] {_navigateqd} 47.2

[11:38] {_navigateqd} and dare not long RS 

[11:38] {_navigateqd} while it is moving higher

[11:40] {_navigateqd} I feel there's a big seller in PH

[11:41] {_navigateqd} shorting CLF now

[11:42] {dino} cnqr spike

[11:43] {_navigateqd} wow

[11:44] {fernp} 1:1 WU

[11:46] {vinod} you guys are still in ESLR--I am

[11:47] {Threei}  yes

[11:47] {vinod} thanks

[11:49] {_navigateqd} 42.2 seems to be the resistance to RS

[11:50] {dino} out ibkc .69, +.69

[11:54] {jfjf64} chk s .58

[11:55] {dino} zagg spike

[11:55] {dino} and drop, too fast

[11:55] {Threei}  good boy ESLR

[11:55] {Threei}  solidly over 1:1 for day traders

[11:55] {dino} otc forget it

[11:57] {vinod} ESLR 0ut 2k 2.26 left 2k

[11:57] {Threei}  gj

[11:58] {Threei}  now trail stop to under breakeven

[11:58] {Threei}  offer 1K more closer to 1.40

[11:58] {Threei}  then re-evaluate if gets there

[11:58] {vinod} o.k reason I post detail is to let you know if i am doing any thing wrong

[11:58] {_navigateqd} covered PH short at 46.52 

[11:59] {Threei}  nope... you are getting the routine down just right

[11:59] {vinod} o.k thanks vad

[11:59] {Threei}  and you know what the best thing about routine is?

[11:59] {Threei}  it eliminates thinking

[12:00] {Threei}  with it go second guessing, emotional involvement, rule breaking

[12:00] {Threei}  all thnat is left is automated reactions

[12:00] {Threei}  which turns you into trading robot

[12:03] {Threei}  good cover navigateq

[12:03] {Threei}  trail just above last resistance, exactly as I would do it

[12:03] {_navigateqd} out CLF breakeven

[12:04] {_navigateqd} Yeah no momentum to go down any further (PH)

[12:04] {Threei}  put in double bottom, formed resistance and then broke it

[12:05] {Threei}  typical trend reversal

[12:07] {_navigateqd} and I won't go long because it was very weak this whole morning

[12:09] {dino} shld stop to .51

[12:09] {vinod} nemo-I should have joined you in SAY with couple of K

[12:09] {Threei}  SAY getting frenzied

[12:10] {dino} out shld +.41

[12:15] {jfjf64} c/h chk  if anybody  cares  been  watchin

[12:15] {Threei}  SAY becomes today's start

[12:15] {Threei}  let's call it today's SQNM

[12:15] {ese} fitb go baby go!!!

[12:16] {Threei}  Moody's raises ratings on GMAC

[12:16] {Threei}  eeck

[12:16] {dino} wynn sm l .98

[12:16] {Threei}  new high ESLR

[12:16] {dino} we care jf

[12:17] {Threei}  aww dino... what's with encouragement and caring attitude

[12:17] {Threei}  "no jf, we don't, go away" is the right answer

[12:17] {ese} of all the saying you do on here vad.....i really like that one..."eeck"   Thats just about covers everthing that is goofy in the market...cool

[12:17] {Threei}  lol

[12:17] {jfjf64} lol

[12:18] {jfjf64} are ya in say

[12:18] {dino} wow jf is out of the circle of vads' trust

[12:18] {Threei}  just the opposite dino, just the opposite

[12:18] {jfjf64} hmmm

[12:18] {Threei}  I wish jf

[12:18] {dino} no jf

[12:18] {Threei}  we are in ESLR though

[12:18] {dino} dealing w/palm, wynn, fdo

[12:18] {Threei}  and we have 1:2 for daytraders

[12:18] {Threei}  1:4 for scalpers

[12:19] {nemo} no such thing as 1:4 for scalpers

[12:19] {Threei}  no

[12:19] {dino} watching efut for double bottom-ish

[12:19] {jfjf64} i took my 5cents  and  ran   no  good

[12:19] {Threei}  it's designed specifically to tease them by invoking scalper's regret

[12:19] {nemo} Captain Obvious

[12:20] {jfjf64} .75 l chk  waitin

[12:20] {dino} pru off .50?

[12:21] {Threei}  long?

[12:21] {Threei}  if holding .40

[12:21] {Threei}  nic tight stop

[12:21] {Threei}  nice

[12:21] {Threei}  Beijing Auto has expressed intereste in Ford's Volvo automobile unit - WSJ

[12:22] {Threei}  Chinese auto industry is being born out of crisis

[12:22] {nemo} getting to buy assets at firesale prices

[12:22] {Threei}  Hammer, Volvo

[12:22] {Threei}  yup, if not now then when

[12:23] {dino} well, that is the way it works vad. 

[12:23] {Threei}  PRU invalidated

[12:23] {nemo} wow you spelled it conventionally

[12:24] {jfjf64} chk ivalidated also

[12:24] {Threei}  that's accident nemo

[12:24] {Threei}  don't assign any significance to it

[12:24] {vinod} Carl Marx talked about transferring the means of production to the State; he didn’t mean the Chinese State?

[12:25] {nemo} Brazil is providing $10B to the IMF

[12:25] {Threei}  I am not familiar with what happens in China well enough... but he sure meant USSR of 20st century and, sadly, USA of 21st

[12:28] {pita} gotta go boys - happy hunting

[12:28] {Threei}  take care pita

[12:28] {nemo} cyapita

[12:29] {dino} cya pita

[12:40] {Threei}  JAZZ is crazy

[12:42] {jfjf64} charts say  alot of way  to  run   agree

[12:44] {Threei}  vinod.... ESLR is nearing second exit zone

[12:45] {dino} atni

[12:46] {jfjf64} .30 cents later   lol

[12:48] {jfjf64} issh   5.00 coming

[12:49] {dino} vad atni?

[12:49] {nemo} bounced on property acquisition news from Verizon

[12:50] {dino} yes, but a buit extreme

[12:50] {Threei}  don't have any opinion on that

[12:51] {dino} use mine

[12:51] {nemo} we don't know what the metrics are out of those properties

[12:51] {Threei}  lol JAZZ

[12:51] {Threei}  5

[12:51] {jfjf64} yikes jazz

[12:51] {jfjf64} here ya pullback

[12:52] {jfjf64} gettin recharged

[12:52] {dino} most likely english system nemo, us properties, :)

[12:53] {Threei}  quick pullback to 4, lol

[12:53] {nemo} I meant financial metrics

[12:53] {jfjf64} yup

[12:53] {dino} i know....

[12:54] {nemo} going for Captain OBvious Dino?

[12:54] {jfjf64} 3.70 be nice

[12:54] {dino} you guys are uptight todayu

[12:54] {nemo} I'm having trouble staying awake

[12:54] {Threei}  look at JAZZ

[12:55] {Threei}  will wake you up

[12:55] {nemo} no...I'm not in it

[12:55] {dino} and cyber says none avail

[12:55] {jfjf64} 4.40 break vad

[12:56] {Threei}  shrug

[12:56] {nemo} available here dino

[12:56] {nemo} or are you talking atni?

[12:56] {dino} short it nemo.......

[12:56] {dino} jazz

[12:57] {dino} wanted at 4.50 break, cyber says n.a.

[12:57] {nemo} wish you had told me then

[12:57] {dino} atni want to short just trying to figure out where

[12:57] {Threei}  yeah, available for laser

[12:58] {nemo} [12:56] {nemo} available here dino

[12:58] {dino} some day, when i grow up i'll make the switch

[12:58] {Threei}  lol

[12:58] {nemo} to what?

[12:58] {Threei}  rofl

[12:59] {Threei}  nemo... you are something

[12:59] {nemo} I was busting Vad

[12:59] {dino} indeed vad, indeed

[12:59] {jfjf64} jazz l .40 break for me

[12:59] {nemo} Contrary opinions here

[13:02] {dino} i am the contrarian

[13:02] {nemo} sorry

[13:02] {nemo} I was talking relativistically between you and JF

[13:02] {Threei}  hey!

[13:02] {nemo} Vad, you short it?

[13:02] {Threei}  no words longer than 3 syllables!'

[13:03] {Threei}  no, I am not touching this thing

[13:03] {jfjf64} thats a big word  for  me   im  just a scalper

[13:03] {nemo} sorry, that was 7

[13:03] {dino} wynn stopped

[13:03] {nemo} so sesquepaedalian and omphaloskepsis are out?

[13:03] {jfjf64} lol

[13:04] {nemo} Mary Palm still hanging in their Dino

[13:04] {nemo} there

[13:05] {dino} .77 stop

[13:05] {dino} shld lod

[13:08] {jfjf64} looks lk  wedge formin  jazz

[13:11] {ese} Have a 10;30 meeting see you all tomorrow....

[13:11] {Threei}  take care ese

[13:11] {dino}  cya es

[13:13] {nemo} tbt spiked @1:00 was there info on the auction?

[13:13] {Threei}  yes

[13:13] {jfjf64} hmm guess ya west  coast   tk care

[13:13] {nemo} helpful as always

[13:13] {Threei}  *TREASURY'S $19B 10-YEAR NOTE REOPENING BID-TO-COVER RATIO: 2.62 V 2.49 PRIOR AND 2.41 OVER THE LAST 5 REOPENINGS

[13:13] {Threei}  - indirect bidders take 34.2% of competitive bids

[13:13] {Threei}  - notes draw 3.99% with 46.5% alloted at high

[13:14] {jfjf64} jazz broke  wedge   down

[13:14] {Threei}  yeah, shirted a little at .09

[13:14] {nemo} indirect bidders were over 40% at the last one...eewww

[13:14] {Threei}  covered .75

[13:14] {nemo} I thought you said you weren't touching it

[13:15] {Threei}  I changed my mind

[13:15] {Threei}  am I allowed?

[13:15] {dino} wynn rinsed

[13:15] {Threei}  AGEN Hearing vague positive chatter circulating on prospects for the Oncophage approval in Europe (2.24, 0.17, 8.21%)

[13:16] {dino} aapl bruised

[13:16] {nemo} nice

[13:16] {jfjf64} ya  lk bounce  here for  long   3.75

[13:17] {jfjf64} in

[13:18] {jfjf64} .77

[13:18] {jfjf64} 1/1

[13:21] {Threei}  wtg

[13:21] {Threei}  beautiful bounce and nicely executed trade

[13:32] {Threei}  Preview: Fed's Beige Book survey of regional economic conditions to be released at 2pmET

[13:32] {Threei}  **reminder: the prior Beige Book, released on 4/15, stated:

[13:32] {Threei}  - the economy contracted slower in 5 of 12 regions, and the housing market showed signs of tentative stabilization.

[13:32] {Threei}  - Credit remained tight across regions.

[13:32] {Threei}  etc

[13:41] {Threei}  MFE Microsoft to reportedly release a free anti virus service (39.94, -0.63, -1.55%) (related SYMC BCSI FIRE )

[13:43] {vinod} stop out eslr at 2.30 did not hit offering price of 2.40

[13:48] {dino} shld holding that lod

[13:49] {nemo} so aren't the indices

[13:50] {nemo} gonna' do a re-run?

[13:51] {dino} 8633 support, 1467, 923

[13:51] {dino} pru, shld may have bottomed, watch for retest

[13:51] {dino} efut getting near

[13:52] {dino} fed beige book should lean positive imo

[13:53] {dino} atni wants 40

[13:53] {jfjf64} thinkin 4.10 break vad   jazz   ya opinion

[13:56] {Threei}  hmmm

[13:57] {Threei}  hard to tell really

[13:57] {jfjf64} vol dryin up

[14:00] {dino} efut sm l .10

[14:00] {Threei}  SAY is holding rather well

[14:00] {nemo} pru dino

[14:00] {dino} missed it

[14:01] {nemo} yeah, I saw it @ .10 but passed

[14:01] {dino} thought it would re-test

[14:02] {vinod} vad-SAY is software service company with 50K employee 

[14:02] {Threei}  *FED'S BEIGE BOOK: SLUMP IS MODERATING IN 5 OF 12 DISTRICTS; Prices at all stages of production and wages were flat or falling, expectations have improved

[14:02] {Threei}  I remember the story vinod

[14:02] {nemo} shld bolted too

[14:03] {Threei}  shooting at US Holocaust Museum

[14:03] {jfjf64} crazy

[14:03] {jfjf64} look jazz   liked  news   lol

[14:04] {vinod} not only SQNM but all bio tech are down

[14:05] {jfjf64} hv feelin will test that .40

[14:07] {dptl} have a good evening all

[14:07] {jfjf64} .40break all over

[14:07] {Threei}  take care dp

[14:08] {dino} cya dp

[14:08] {jfjf64} in

[14:09] {jfjf64} .42

[14:09] {Threei}  wow... you skipped .10 but went for .40?

[14:10] {jfjf64} yeah  late  to  dance???

[14:11] {Threei}  logic escapes me :)

[14:11] {jfjf64} yikes  no  wk

[14:11] {jfjf64} stupid

[14:15] {Threei}  C Introduces a poison pill provision to protect a $43B tax benefit

[14:17] {Threei}  SAY has this look...

[14:17] {Threei}  break-and-enter

[14:17] {jfjf64} yup

[14:20] {dino} last try wynn off of .00

[14:24] {jfjf64} cd use 5 cent stop for this break  correct

[14:31] {jfjf64} SAY in aint so   maybe  later

[14:36] {vinod} are we going to closed green?

[14:36] {nemo} PPT should be showing up soon

[14:36] {dino} giddy-up wynn

[14:37] {dino} nemo, nice timing

[14:42] {nemo} wynn's kinda' got a left sided C&H going there

[14:43] {dino} meaning

[14:43] {nemo} ask Vad, it just looks opposite of what one normally thinks of a C&H

[14:44] {Threei}  you come up with some weirdo stuff and sened people to ask me?

[14:44] {dino} roflol

[14:44] {nemo} I just opined on what it looked like

[14:45] {jfjf64} do  we short  or  go  long   with this  type of cup   vad

[14:45] {dino} looks like a coin toss to me

[14:45] {nemo} ya' know, kinda' looks like a genie's lamp

[14:45] {Threei}  jf... ask nemo {G}

[14:45] {Threei}  it's his fanous Alladin setup

[14:46] {nemo} that was good

[14:46] {nemo} how's the shoulder

[14:46] {Threei}  thank you, betyter than magoo's ankle

[14:46] {dino} hurts

[14:46] {nemo} I trouted it this morning

[14:54] {Threei}  those who take ESLR fo a swing, wqe will trail stop today

[14:54] {Threei}  will decide on a new placement at the end of the day

[14:56] {dino} csfg

[14:56] {dino} cfsg

[15:06] {Threei}  some more selling and will start looking into SAY's eyes re: bounce

[15:06] {dino} wynn tighten to .89 mkt drop

[15:06] {Threei}  sharp dive into .40 would be nice

[15:06] {dino} myrg

[15:13] {dino} wynn to flat

[15:14] {dino} to .08

[15:14] {dino} out wynn, +.08

[15:17] {fernp} SAY formed double bottom

[15:17] {dino} say it isn't so

[15:22] {vinod} JAZZ and SQNM are killers

[15:23] {vinod} and lost faith in SAY

[15:23] {fernp} out SAY`+.09

[15:23] {Threei}  fern :)

[15:24] {Threei}  come on vinod... you can't lose faith in company with 50,000 employees on 30 cents pullback

[15:24] {nemo} nice one Vad

[15:25] {Threei}  JAZZ is as brutal on pullback as it was on run up

[15:25] {Threei}  JAZZ .15 long, half lot

[15:26] {vinod} I am fair weather trader?

[15:26] {Threei}  lol

[15:26] {Threei}  feel free to take profit on JAZZ as you see fit

[15:26] {Threei}  1:1 in seconds

[15:29] {vinod} look like no PPT today?

[15:30] {Threei}  day off... Wed

[15:30] {Threei}  PPT manual says no work on Wed

[15:30] {nemo} sometimes they wait until 3:40

[15:30] {vinod} they run out of money

[15:30] {nemo} just print more

[15:31] {Threei}  printing press goes on preventive care each Wed

[15:31] {magoo} rip or rott vad??

[15:31] {Threei}  neither

[15:32] {Threei}  sideways

[15:32] {nemo} where you been

[15:32] {Threei}  he was unconscious ever since [11:16] * Threei slaps magoo around a bit with a large practicing trout

[15:32] {magoo} total distractions today

[15:32] {nemo} here they come

[15:33] {Threei}  nah, it's traders trying to frontrun them

[15:33] {nemo} oh yeah volume low

[15:33] {wulff} you think SAY is good for an overnight?

[15:33] {Threei}  hmmm

[15:34] {Threei}  dunno, ESLR feels safer to me

[15:34] {_levelseven} eslr threatening new hi

[15:34] {wulff} safe....hah! whats that?

[15:34] {dino} damn missed pru again

[15:35] {Threei}  new hi runs to police to ask for retstraining order against ESLR

[15:35] {nemo} they

[15:36] {nemo} they're here

[15:36] {Threei}  {they} no us are not

[15:37] {dino} "they say if you can think it, it's been done"

[15:38] {Threei}  ESLR assault on new high

[15:38] {Threei}  new high is killed

[15:38] {Threei}  even newer high now

[15:38] {Threei}  1/4 more out

[15:39] {Threei}  +.30

[15:39] {_levelseven} seady & slow, less stress

[15:39] {_levelseven} seady

[15:39] {_levelseven} steady

[15:39] {Threei}  there

[15:39] {Threei}  third time is charm :)

[15:39] {_levelseven} ha

[15:39] {dino} fdo to .67 all day

[15:39] {dino} stopped +.02

[15:40] {Threei}  daytraders, trail stop to .15 for the last portion

[15:40] {Threei}  swingtraders, trail stop to 1.95

[15:40] {dino} efut to .25

[15:40] {Threei}  and btw, swing traders have 1:1

[15:41] {Threei}  so partial out is a valid option

[15:41] {nemo} what about scalpers?

[15:41] {dino} i picture vad at one of those "key" parties when he says that

[15:41] {Threei}  lol

[15:41] {Threei}  scalpers are crying, nemo

[15:41] {dino} out efut .22 slip, +.12

[15:42] {nemo} outta' PALM yet Dino?

[15:43] {dino} no, if it doesn't hit stop, will carry overnightif hit .25 will take it

[15:44] {dino} that was "&" hits

[15:44] {dino} all in all held well this afternoon

[15:45] {jfjf64} axp break .57 here

[15:46] {dino} brb

[15:49] {dino} efut, ugh!

[15:50] {jfjf64} common buyers   bg sale  axp  10 min

[15:51] {nemo} see that on efut dino!

[15:52] {dino} see above nemo, tricked me

[15:52] {nemo} I'm talking that .30 shakeout

[15:52] {Threei}  BAC Fed Emails Show Fed Thought BofA''s Threat To Drop Merrill Acquisition Was ''Not Credible'' - WSJ

[15:53] {fernp} good evening all. see u tomorrow

[15:53] {Threei}  take care fern

[15:54] {Threei}  SAY is back to highs

[15:54] {Threei}  ESLR too

[15:54] {Threei}  nice finish

[15:54] {dino} yes saw that

[15:54] {nemo} market will end up basically flat

[15:54] {wulff} what was your last sell on SQNM?

[15:54] {dino} thats why hard stop was not desired but eod so....

[15:54] {nemo} Everybody covering shorts in fear of PPT

[15:54] {jfjf64} 4.95 break vad  still good

[15:55] {Threei}  wow, it was yesterday

[15:55] {wulff} What's PPT?

[15:55] {Threei}  we haven't traded it today

[15:55] {wulff} I know, just curious

[15:55] {nemo} Plunge Protection Team for us conspiracy theorists

[15:55] {jfjf64} 1/1 axp

[15:55] {wulff} OK

[15:55] {Threei}  I'd have to dig it out in the log...

[15:55] {Threei}  my memory span is one of a moth

[15:55] {wulff} no prob forget it

[15:56] {dino} wulff, or w/new admin., political protection team

[15:56] {vinod} my mistake, sold ESLR too soon and did not play SAY

[15:56] {jfjf64} all out axp

[15:57] {dino} fdo l .60

[15:57] {wulff} more list BSPT

[15:57] {dino} out .65, +.05

[15:57] {wulff} more like...

[15:57] {vinod} have a nice evening to all

[15:57] {Threei}  take care vinod

[15:57] {Threei}  okay guys

[15:57] {Threei}  thank you all

[15:57] {Threei}  have a good evening, see you tomorrow

[15:57] {jfjf64} gn 

[15:58] {_traderw} good night , thanks!

[15:58] {Threei}  sure thing

[15:59] {Threei}  ESLR babyu

[15:59] {jfjf64} monster

[15:59] {Threei}  over 1:4

[15:59] {dino} gn all, thx, positive but light. week going well tho

[16:00] {dino} tee time in 30

Jun 09 2009

The day started in a boring fashion, as it became customary lately... and then along came SQNM. Even though we haven't utilized its full potential, it was fun and profirable.

Session Time: Tue Jun 09 00:00:00 2009

[08:07] {Threei}  MDRNA Inc. FDA approves generic calcitonin-salmon nasal spray for osteoporosis

[08:07] {Threei}  - The company has obtained full FDA approval of its Abbreviated New Drug Application (ANDA) for generic calcitonin-salmon nasal spray for the treatment of osteoporosis and that Par Pharmaceutical Companies, Inc. has launched the product

[08:07] {Threei}  MRNA

[08:09] {pita} greetings

[08:09] {Threei}  pita :)

[08:15] {Threei}  AXP CNBC: Company is on list to repay TARP; as speculated (25.65, 0.00, 0.00%) (related XLF )

[08:22] {nemo} On CNBC this morning Prof. Elizabeth Warren, called for rerunning the bank stress tests periodically. She pointed out that the most extreme scenario in the test of 8.8% unemployment has already been surpassed. She wants updated data as it emerges used to retest the computer modeling.

[08:22] {Threei}  sigh

[08:22] {Threei}  first test was meanignless... so let's have more of those

[08:23] {nemo} Yeah...I've come to realize that all writing is fiction

[08:29] {fernp} good morning everybody

[08:29] {nemo} mornin'

[08:30] {Threei}  fern :)

[08:30] {vinod} GM

[08:33] {Threei}  vinod :)

[08:51] {larisa} good morning :)

[08:51] {Threei}  larisa :)

[08:51] {larisa} :)

[08:51] {magoo} morning

[08:52] {nemo} Hey Mags!

[08:53] {magoo} i have a quick{hopefully quick} apptnt at 9:15..then ill be back

[08:54] {Threei}  mags :)

[09:02] {vinod} nothing is one-way forever  including market

[09:04] {patience} good morning guys...another day in paradise here   :)

[09:04] {Threei}  patience :)

[09:04] {nemo} Hah!  My favorite saying

[09:04] {patience} :)

[09:04] {patience} vad, winnipeg was 15 yesterday

[09:04] {ese} good morning

[09:04] {patience} should make you feel good

[09:04] {Threei}  ese :)

[09:06] {dino} gm all

[09:06] {Threei}  dino :)

[09:06] {nemo} dino :)

[09:06] {ese} dino

[09:07] {dino} :)

[09:07] {dino} verizon adding palm pre in jan.

[09:07] {dino} cnbc

[09:11] {ese} well i won't be here long today......grad ceremonies for our high school....have to up at the university in an hour and a half...wasted trading day

[09:12] {dino} have fun es

[09:12] {ese} i would if i were hanging with you all

[09:13] {nemo} Pomp and Ceremony...necessary waste of time

[09:13] {ese} indeed nemo

[09:13] {Threei}  FITB is bumping of 2 days high

[09:14] {ese} yes may go for a quick hit........

[09:14] {nemo} Goin' for an "ese"?

[09:16] {ese} hmmmm never looked at my handle that way...but......yes

[09:16] {ese} you a golfer nemo?

[09:16] {nemo} Not since I was younger

[09:16] {nemo} Why?

[09:17] {ese} whne i finally make it to myrtle to take on dino....you'lll have to come

[09:17] {nemo} That would be nice...I'll hold down the fort at the 19th

[09:18] {dino} lol nemo. i will join you after the round

[09:18] {nemo} hehehehehe

[09:18] {ese} We literally have a course here...designed by Jack Nickalus that has 19 holes..."Bear Mountain"

[09:19] {nemo} Interesting...Only thing Mass has going for it is the longest course in the US in Bolton.

[09:19] {ese} bonus hole

[09:19] {nemo} At least I think it still is

[09:19] {nemo} I'll leave that one alone ese

[09:19] {ese} lol

[09:19] {dino} great bear about 45 minutes from me, nickalus course, i play it every summer w/banking buddy of mine

[09:19] {nemo} is the janitor looking?

[09:20] {ese} nope

[09:20] {Threei}  there are courses designed by him here dino

[09:22] {dino} guy gets around

[09:22] {ese} i'll say

[09:29] {Threei}  keeping half eye on MRNA in case of severe pullback

[09:29] {Threei}  FITB, for consolidation and .40 break if FAS helps

[09:29] {nemo} you've got three

[09:30] {Threei} Long Setup:  AUY  11 break if stays above 10.90

[09:32] {Threei} Short Setup: CAT  .40 if stays below .50

[09:33] {ese} auy l .03

[09:33] {nemo} missed trying to get cat

[09:34] {nemo} in on 2nd

[09:34] {ese} blink and i slightly missed it

[09:35] {Threei}  no go CAT

[09:35] {ese} stop .94

[09:36] {nemo} on what ese?

[09:36] {Threei}  [09:33] {ese} auy l .03

[09:36] {nemo} o.k. saw you're .90 

[09:37] {nemo} your

[09:37] {ese} yes 

[09:38] {ese} if i'd gotten in when i was spose too i'd be out by now at .05

[09:41] {Threei}  trailing AUY to .93

[09:42] {ese} hmm mmm  printed .94 i thought  stop is still intact

[09:45] {Threei}  Treasury Geithner: 10 of of bigges tbanks can repay $68B in TARP repayment

[09:45] {Threei}  68B?

[09:47] {nemo} BFD

[09:47] {ese} aye aye aye......wake up ese....stop is at .84 not .94............

[09:47] {ese} ..94 now

[09:47] {ese} sheesh....this is not a good sign

[09:48] {nemo} what?

[09:48] {Threei}  lol

[09:48] {ese} typed in .84 nemo...

[09:48] {ese} thought i had typed in .94

[09:48] {nemo} so...where is it?

[09:48] {ese}  it was suppose to be .94

[09:49] {ese} when the tape printed .94 my stop was still there....couldn't figure it out

[09:49] {ese} i stupidly typed in .84

[09:49] {Threei}  MS Reportedly notes it will repay $10B in TARP funds - unconfirmed report (8.74, 0.00, 0.00%) (related XLF )

[09:49] {dino} bpopp?

[09:51] {ese} stopped auy .93  -.10

[09:51] {nemo} .92

[09:51] {nemo} good thing we got out

[09:51] {nemo} whoa

[09:51] {ese} daaaaaaaa!!!!!!!!

[09:51] {jfjf64} mornin

[09:51] {ese} whoaaaa is right

[09:51] {ese} jf

[09:51] {Threei}  gold fell off a cliff

[09:52] {ese} welcome to the i'm typing blind session

[09:52] {nemo} Yeah, feds talking about tarp repayment probably spooked the PMs

[09:52] {Threei}  jf :)

[09:52] {ese} axp looks to be paying back tarp as well

[09:53] {nemo} PM's down, but TCK holding gains

[09:54] {Threei}  Berkshire Hathaway's Sokol: TARP repayments from banks represents progress

[09:54] {Threei}  - Believes carbon trading would create duplicate costs

[09:54] {Threei}  just what we need

[09:54] {vinod} They all talk about TARP but when they going to make loan to business and consumer

[09:54] {ese} whats carbon trading

[09:54] {nemo} This is about saving the system, not the individual Vinod

[09:55] {Threei}  BBT Announces TARP repayment approval of $3.134B; expects $48M charge in Q2

[09:55] {Threei}  - company has notified the Treasury of its intent to repurchase the outstanding warrant

[09:56] {Threei}  AXP Spokesperson: Confirms speculation that group will repay TARP funds (26.36, 0.71, 2.77%)

[09:57] {dino} cof too

[09:59] {Threei} Short Setup: SLM  .85 break

[10:00] {Threei}  stop for scalpers above .90, day traders .95 or 8

[10:00] {Threei}  APRIL WHOLESALE INVENTORIES: -1.4% V -1.2%E

[10:01] {Threei}  IBP/TIPP ECONOMIC OPTIMISM: 50.8 V 49.0E

[10:01] {jfjf64} in

[10:01] {nemo} in .84

[10:02] {jfjf64} ditto

[10:02] {Threei}  scalpers have over 1:1

[10:02] {fernp} ty

[10:03] {dino} gsbc drop

[10:03] {Threei}  daytraders have over 1:1

[10:03] {dino} thin

[10:04] {nemo} ty

[10:05] {Threei}  who partialed, trail stop to .88 for the balance

[10:06] {jfjf64} ty

[10:06] {Threei}  doesn't bounce with market so far

[10:07] {Threei}  BK Reportedly cleared to repay TARP (9.05, 0.08, 0.89%)

[10:07] {Threei}  10:06 COF Approved to repay $3.55B in TARP

[10:08] {ese} bstop intc 16.40

[10:08] {Threei}  Lawyer: GM will be able to get through bankruptcy in 60 days

[10:08] {Threei}  {Another Laywer} Are you crazy? How are we going to make a living?? This case was supposed to feed us for generations

[10:09] {Threei}  insists the UAW is not getting special treatment

[10:09] {Threei}  - Not sure how long the US government will fund Chrysler in bankruptcy.

[10:11] {ese} aggressive entry intc .35

[10:13] {jfjf64} axp double top\

[10:13] {Threei}  or breakout

[10:13] {Threei}  can't tell really, volume is rather indicative of upward

[10:14] {Threei}  to make matters more confusing:

[10:14] {Threei}  it doesn't really trading on its own merits

[10:14] {jfjf64} ty

[10:14] {Threei}  look at the broader market

[10:14] {Threei}  AXP pretty much mirrors irt

[10:15] {nemo} what's "irt"

[10:15] {ese} out 1/2 intc .44 +.09

[10:16] {Threei}  forms little C&H

[10:16] {Threei}  .63 long with stop under .50

[10:16] {dino} sm l gsbc .60

[10:17] {Threei}  SLM stop to above .80

[10:18] {ese} out full intc .42 +.07

[10:18] {ese} have to go see you all tomorow

[10:19] {Threei}  take care ese

[10:19] {Threei}  AXP invalidated

[10:19] {nemo} by ese

[10:19] {Threei}  JPM Reportedly approved to repay $25B in TARP

[10:20] {jfjf64} y

[10:20] {ese} see ya vad

[10:20] {dino} cya es

[10:20] {dino} mnkd deep pullback

[10:27] {vinod} Talking about TARP they wants to drive the market higher?

[10:27] {Threei}  they just post news

[10:27] {nemo} yeah, maybe the math is too easy...60 billion returned on 877 billion lent

[10:27] {Threei}  not everything has hidden agenda

[10:28] {nemo} are you saying I'm paranoid

[10:29] {nemo} that was rude of SLM

[10:30] {vinod} intent of TARP was to loan out and help economy

[10:30] {nemo} I'm going to disagree...that might have been what was said for public consumption

[10:31] {dino} tarp was furthered for control

[10:31] {nemo} Dino, what was your stop?

[10:31] {dino} gsbc not stopped 

[10:31] {Threei}  US Treasury Geithner: Regulatory overhaul to come within a few weeks, must be matched overseas; US still faces substantial challenges

[10:31] {Threei}  - Economy will not see large revenue increases until 2011

[10:31] {Threei}  - Once recovery in place, will work on cutting deficit

[10:32] {dino} , but gappy, so wide .25ish

[10:32] {nemo} thank you

[10:33] {Threei}  White House Budget Director Orszag: Cost savings can be found in the medicare and medicaid programs

[10:33] {Threei}  why do I find it hard to believe

[10:34] {Threei}  BRCM consolidates close to high

[10:35] {dino} 1:1 nemo, but want 3:1

[10:35] {dino} 1:3 i mean

[10:36] {nemo} You're ability to read "gappy" charts is impressive

[10:36] {Threei}  DNDN...

[10:36] {dino} lucky thats all

[10:37] {dino} wynn, pru, crdn

[10:37] {nemo} let's not go there again :)

[10:37] {dino} .21 is the area that needs to fall

[10:38] {dino} pulled offers

[10:38] {nemo} there you go

[10:39] {dino} .50 was last top

[10:40] {Threei}  DNDN spiked hard off the level that wasn't really anything technical, but activity looked interesting

[10:40] {Threei}  let's see if we get pullback

[10:45] {dino} perhaps 1:2 was enough nemo

[10:46] {nemo} oy weh

[10:47] {Threei}  DNDN

[10:47] {Threei}  watching for pullback closer to .20

[10:49] {dino} lod's

[10:51] {nemo} BRCM faceplant

[10:52] {Threei}  bounce zone BRCM

[10:52] {Threei}  off .40

[10:52] {Threei}  watch NQ for hint

[10:54] {Threei}  stop under .40 if you went for it

[11:02] {Threei}  STT Confirms approval for repurchase of $2B in TARP

[11:02] {Threei}  will also initiate discussions with the US Treasury for the repurchase of the common stock purchase warrant issued to the US Treasury in October 2008. That warrant, initially exercisable for 5,576,208 shares of State Streets common stock, now represents an interest to purchase 2,788,104 shares

[11:05] {Threei}  US Treasury Sec Geithner: Pace of housing price decline has slowed; homeowners still face challenges

[11:05] {nemo} Captain Obvious

[11:07] {Threei}  can't tell whether BRCM has more... feel free to takes scalp who went for it

[11:13] {larisa} nice BRCM bounce call

[11:14] {Threei}  you took it?

[11:14] {larisa} from the second  bottom test

[11:14] {Threei}  :)

[11:15] {Threei}  DNDN, really thought it would give better entry

[11:15] {Threei}  barely lost .30 and spent 1/100 of second there

[11:16] {Threei}  what's with SCON?

[11:17] {Threei}  I don't see anything fresh

[11:20] {dino} palm sm l .25

[11:24] {Threei}  hmmm

[11:24] {Threei}  SCON... highly gambling thing... 5 break

[11:28] {Threei}  wow BRCM

[11:32] {Threei}  GS Confirsm TARP repayment

[11:33] {vinod} What would the banks’ balance sheets have looked like under mark-to-market?, 

[11:36] {dino} nga

[11:37] {dino} gap around 6.30 nga

[11:39] {nemo} support around .75 too

[11:39] {dino} yes

[11:40] {dino} syna rock and roll

[11:41] {dino} sm l crdn .98

[11:42] {Threei} Long Setup:  DRYS  .40 break if holding above .30

[11:43] {dino} stop is .75

[11:43] {larisa} was just looking at DRYS :)

[11:43] {Threei}  not good larisa

[11:43] {larisa} i know

[11:43] {Threei}  having same thoughts as I do ought to be very disturbing

[11:44] {larisa} I did not have any, just looking as it was blinking green :)

[11:45] {Threei}  ok... you may be safe still but be on alert

[11:46] {Threei}  if sets up from here, hardcore scalpers can use .35 as support

[11:46] {nemo} hardcore or pesky?

[11:46] {Threei}  same thing...

[11:49] {Threei}  US Treasury Sec Geithner: Financial regulatory system needs a new body that would bring together the various parts of the system, will not propose concentrating all regulatory authority for systemic issues in one regulator

[11:49] {Threei}  - It is critically important for the US to draw up plans to cut deficits in the medium term.

[11:49] {Threei}  - Warns that there is "no path through the crisis" without more government debt

[11:50] {Threei}  there is "no path through the crisis" without more government debt... heh

[11:50] {Threei}  working hard to push through boss' message eh?

[11:50] {nemo} ...as long as somebody extends it.

[11:53] {dino} bth

[11:54] {magoo} sigh..just back

[12:03] {dino} this market is dead

[12:03] {larisa} they call it consolidation :)

[12:03] {Threei}  DRYS is invalidated

[12:04] {jfjf64} vad  lk axp   somethin gotta gv

[12:04] {dino} call it whatever you want, nothig really moving

[12:04] {dino} nothing

[12:04] {larisa} nofing

[12:05] {Threei}  I can't tell which way jf

[12:07] {jfjf64} yikes

[12:07] {Threei}  SQNM?

[12:07] {jfjf64} axp   market help

[12:08] {Threei}  anyone see anything on SQNM anywhere?

[12:08] {Threei}  nothing on my newsfeed

[12:09] {larisa} nope

[12:09] {fernp} nothing here (DJ News)

[12:10] {dino} no vad

[12:10] {dino} nothing at cyber

[12:10] {Threei}  ty... maybe hype somewhere

[12:10] {Threei}  I am sensitive to this thing's movemens, it feels to me highly charged with potential explosion should any bit of good news come its way

[12:11] {dino} i hope you are talking about the stock

[12:11] {Threei}  resistance on daily is around 3.75 - 3.80

[12:12] {Threei}  if it attracts interest, there is so much air above it without any slightest sign of resistance

[12:12] {dino} fdo partial fill, l .70

[12:13] {Threei}  if something does start happening there, it's a swing trade candidate providing we can get it early

[12:13] {Threei}  with potential to double

[12:16] {Threei}  somethinbg's brewing

[12:17] {pita} where do you like it?

[12:17] {Threei}  there are no technicals to such parabolic move...

[12:18] {Threei}  over 10% in a matter of minutes...

[12:19] {dino} stockwolf.com, strong buy vad

[12:19] {Threei}  gosh... who is that?

[12:20] {jfjf64} stockdogs cousin     lol

[12:20] {dino} lol

[12:20] {dino} i think it's a site run by magoo

[12:20] {Threei}  you think dawg and wulff have something to do with that?

[12:20] {dino} perhaps

[12:21] {jfjf64} hv to try and laugh    lk axp    

[12:28] {Threei}  LVS CEO: Hopes to expand Bethlehem property, add craps & blackjack tables (9.78, -0.18, -1.81%)

[12:28] {Threei}  DRYS formed C&H...

[12:29] {jfjf64} still break .40

[12:29] {Threei}  market looks to be preparing to traditional ramp-up... if starts making new highs, DRYS is .40 break canadidate again

[12:30] {Threei}  not an easy player lately

[12:31] {Threei}  SQNM more or less formed something to try if you like it

[12:31] {Threei}  .65 break

[12:31] {Threei}  stop for those hardcore scalpers under .60, otherwise (and my preference) under .55

[12:32] {jfjf64} in .66

[12:32] {jfjf64} comon buyers

[12:34] {Threei}  hardcore, aka pesky ones have 1:1

[12:35] {jfjf64} yeah  ty

[12:35] {jfjf64} double top formin

[12:35] {dino} out crdn .27, +.29

[12:36] {Threei}  dunno... volume is rather breakish

[12:37] {Threei}  ideally, should hold as close to .75 and possible and break it after little rest

[12:38] {Threei}  that should set next leg up in motion

[12:38] {Threei}  and take it closer to 4

[12:45] {magoo} was there bad news goog aapl or general mkt tech wreck vad?

[12:46] {Threei}  GOOG, main thing about it is unexpcted success of new MSFT search engine

[12:46] {Threei}  funny enough named BING

[12:46] {Threei}  BING vs GOOG...

[12:46] {magoo} oh yea..saw commercial

[12:47] {Threei}  there was a report earlier

[12:47] {Threei}  MSFT's share of search increased

[12:50] {magoo} howa bout aapl?

[12:51] {Threei}  nothing but upgrades and positive comments

[12:54] {Threei}  US) Treasury Spokesperson: Confirms that banks repaying TARP funds to be free of all pay, dividend and share buyback restrictions

[12:55] {nemo} stop on fdo Dino?

[12:56] {dino} b/e

[12:57] {dino} syna hod

[12:57] {dino} osip lod

[12:58] {Threei}  ALGN Hearing Dealreporter making positive comments on prospects as a takeover target

[12:58] {dino} fdo trouble w/.82

[12:58] {Threei}  Dealreporter... lol

[12:58] {Threei}  OK SQNM... noq or never

[12:59] {Threei}  noq = now... I guess

[13:00] {jfjf64} .75 break vad   you lk??

[13:00] {nemo} 4k jf

[13:01] {Threei}  yes but I am in from lower

[13:01] {Threei}  Prez on TV soon

[13:02] {Threei}  TREASURY'S $35B 3-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.82 V 2.66 PRIOR AND 2.51 AVG OVER THE LAST 10 AUCTIONS

[13:02] {Threei}  - indirect bidders take 43.8% of competitive bids

[13:02] {Threei}  - notes draw 1.96% with 52.27% allotted at high

[13:02] {Threei}  okay SQNM

[13:03] {Threei}  1:1 for "otherwise-ish"

[13:04] {Threei}  I am half out

[13:07] {Threei}  TREASURY'S $35B 3-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.82 V 2.66 PRIOR AND 2.51 AVG OVER THE LAST 10 AUCTIONS

[13:07] {Threei}  - indirect bidders take 43.8% of competitive bids

[13:07] {Threei}  - notes draw 1.96% with 52.27% allotted at high

[13:07] {Threei}  oops

[13:07] {Threei}  werong one

[13:07] {Threei}  US Senate Aide: Senate has indicated healthcare as priority; financial reform later in the autumn (related IYH XLF )

[13:08] {Threei}  prez on TV

[13:08] {Threei}  (US) President Obama: TARP repayments are a positve sign, but they are not a signal the crisis is over (related XLF )

[13:09] {Threei}  SQNM baby

[13:10] {Threei}  notes the govt has made a profit on the return of the first round onf TARP funds

[13:13] {dino} out gsbc .10 +.50

[13:13] {dino} fdo flat

[13:14] {larisa} gj

[13:15] {Threei}  new high SQNMee

[13:15] {Threei}  1:2, 1/4 more out

[13:16] {Threei}  [12:38] {Threei} that should set next leg up in motion

[13:16] {Threei}  [12:38] {Threei} and take it closer to 4

[13:17] {larisa} I thought only magoo likes to quote  himself :)

[13:17] {Threei}  no, we all do 0 when we nail it right

[13:17] {Threei}  and in this case, it was the easiest way to outline my target for the next portion

[13:19] {Threei}  stop for last part is under .70

[13:20] {larisa} :)

[13:22] {Threei}  over 1:3

[13:22] {Threei}  4 on the nose

[13:22] {Threei}  me out

[13:23] {Threei}  +.30

[13:23] {Threei}  not too shabby for a cheapie

[13:23] {Threei}  I still think it has more in it but probably not today

[13:24] {dino} gj

[13:24] {Threei}  ty

[13:24] {Threei}  pita... I know you have this habit to sit on them...but consider partialing at least

[13:25] {dino} fdo rinsed

[13:32] {dino} isle

[13:35] {Threei}  look at SQNM go

[13:35] {dino} sm pru .25

[13:35] {Threei}  I called it potential double when it was around 3.60, right?

[13:36] {Threei}  Larisa... this is me booking right to quote myself when it's above 7

[13:36] {nemo} so it'll hit 7.20 today?

[13:36] {Threei}  today??

[13:36] {nemo} :)

[13:36] {Threei}  [12:13] {Threei} if something does start happening there, it's a swing trade candidate providing we can get it early

[13:36] {Threei}  [12:13] {Threei} with potential to double

[13:36] {Threei}  swing

[13:40] {Threei}  01:39 PM [SQNM] Strength attributed to chatter that SQNM may be close to resolving issues of mishandlded data for SEQureDx Trisomy 21 Test

[13:40] {Threei}  - reminder: on 4/29 the stock fell over 75% on a report it would delay the launch of its SEQureDx Down syndrome test, due to the discovery by company officials of employee 'mishandling' of R&D test data and results.

[13:45] {Threei}  I am not delighted by this bit of news

[13:46] {Threei}  I would prefer it to move on now news/no rumors

[13:47] {nemo} DRYS is like a wandering drunk

[13:47] {dino}  palm stop to .55

[13:47] {dino} all dayer

[13:48] {nemo} another one of those $50/hr. stocks...pitiful

[13:49] {Threei}  how about that, SQNM

[13:49] {Threei}  lol

[13:49] {dino} lol

[13:49] {nemo} 7.20 today

[13:49] {Threei}  nah

[13:50] {dino} tighten to .60

[13:50] {dino} mkt drop

[13:53] {dino} wynn sm l .25

[13:53] {pita} cu all later

[13:53] {dino} cya pita

[13:53] {Threei}  pita... exited SQNM??

[13:56] {dino} palm to .65

[13:57] {dino} to .75

[13:57] {dino} out palm .75, +.50

[13:57] {Threei}  nice PALM

[13:57] {nemo} and this is before ppt intervention after 3:00

[13:57] {Threei}  gosh... what ppt... what intervention...

[13:58] {dino} tks

[13:58] {nemo} forgot...I'm delusionally paranoid

[13:58] {Threei}  amazing how these suggestions become assumptions then acepted "facts"

[13:59] {Threei}  as if any upward move couldn't happen without intervention

[14:02] {larisa} I am with nemo, i like conspiracy theories

[14:02] {Threei}  I do too

[14:02] {dino} if these were down moves they would be screaming for shorts' heads

[14:02] {Threei}  I just don't believe in them

[14:02] {dino} ironic isn't it

[14:02] {Threei}  yeah

[14:02] {nemo} you mean there's no Easter Bunny?

[14:03] {Threei}  any move is consipracy if it happens against your opinon

[14:03] {Threei}  ummm... nemo...

[14:03] {Threei}  I don't know how to tell you this...

[14:03] {nemo} I'm sitting down

[14:03] {Threei}  but, about Santa...

[14:03] {nemo} pedophile?

[14:03] {Threei}  janitor

[14:04] {nemo} speechless

[14:04] {Threei}  sorry

[14:04] {dino} syna continues

[14:04] {nemo} Vodka is right in the drawer...hold on

[14:06] {nemo} is that a daylong C&H on tndm

[14:06] {nemo} ?

[14:06] {nemo} warped though it may be

[14:07] {Threei}  not very clean, but more or less, yeah

[14:30] {dino} .

[14:30] {nemo} ?

[14:30] {Threei}  !

[14:31] {nemo} what's with the "." anyway?

[14:31] {dino} thought i wasn't here

[14:31] {nemo} stick yourself with a fork

[14:31] {patience} ouch

[14:32] {dino} not done yet

[14:32] {nemo} if you feel pain, you're there

[14:32] {nemo} Yeah, I'm always a little soft

[14:32] {Threei}  conversation becomes an embodiment of intelligence

[14:32] {dino} you poor guy

[14:33] {nemo} mmmmhhhh....no comment

[14:33] {dino} wynn, and pru trouble w/.50

[14:33] {nemo} are youu long wynn?

[14:33] {Threei}  extraterrestials would have been delighted to contact us readuing this dialog

[14:33] {dino} what do you think we are vad

[14:34] {Threei}  oh

[14:34] {Threei}  sorry... I tend to forget nemo is from Betelgeuse

[14:34] {nemo} This sound familiar...You want to know who you are, tell me who you

[14:34] {nemo} who your friends are

[14:34] {nemo} nah...shot me right out of Cygnus X-1

[14:36] {nemo} tndm woulda' been a good idea

[14:37] {nemo} that tck is basically non-stop since March

[14:39] {dino} utek

[14:42] {Threei}  WFC Exec: Company has yet to apply to repay TARP; attempting to repay TARP at earliest possible date (25.61, 0.22, 0.87%)

[14:42] {Threei}  ummm... may be today, SQNM... lol

[14:42] {nemo} you laughed at me :(

[14:43] {Threei}  4.48 is high from 05/04

[14:43] {Threei}  highest point it's ever been since big gap

[14:43] {nemo} and 14ish was when it collapsed

[14:44] {dino} pullback

[14:58] {jfjf64} just  got  back    look at sqnm   wow    ya called  it

[14:58] {nemo} vad, kick pru fir dino

[14:58] {Threei}  thought we had a day or two for accumulation

[14:59] {Threei}  which way pru?

[14:59] {nemo} thought you already did it

[15:00] {dino} out wynn .55, +.30

[15:02] {dino} up vad

[15:02] {Threei}  lol

[15:02] {Threei}  good thing I kicked right way before asking

[15:02] {nemo} ready, fire, aim

[15:03] {dino} can't get thru .50

[15:03] {nemo} ppt in 20 minutes, just wait :)

[15:03] {Threei}  which way? {G}

[15:05] {dino} strange, just had a call from sirf tech, about proxy

[15:07] {dino} snda up to old tricks

[15:10] {Threei}  one more interesting cheapie making a move today: RFMD

[15:10] {jfjf64} hvy vol

[15:19] {dino} bth sm l .19

[15:22] {nemo} I'm off..cu 2mor O

[15:22] {nemo} frickin' sqnm

[15:22] {larisa} bye :)

[15:23] {dino} cya larisa

[15:23] {larisa} it was bye to nemo, but thank you  :)

[15:27] {dino} lol, well consider it prepaid

[15:27] {larisa} :)

[15:28] {Threei}  SQNM starts looking like 5

[15:30] {vinod} Yes, I missed it. always tomorrow?

[15:31] {_levelseven} test

[15:31] {Threei}  let's hope it gives us pullback

[15:31] {KSystems} welcome levelseven!

[15:31] {KSystems} we've been waiting for you!

[15:31] {_levelseven} looked like you might have been waiting a long time for me to type the correct pw

[15:31] {dino} yes welcome l7

[15:31] {KSystems} last 30mins we're entering

[15:31] {_levelseven} hi dino

[15:32] {KSystems} lets see if cards are gonna be shuffled again

[15:32] {jfjf64} axp  .90 break  for  me

[15:32] {Threei}  vinod, you weren't here at the moment of original call on SQNM?

[15:32] {Threei}  5

[15:34] {vinod} I was not here.

[15:34] {Threei}  BAC US House Committee subpoenas Federal Reserve over BoA/Merrill merger; with regards to securing documents in merger (12.05, -0.01, -0.08%)

[15:34] {Threei}  ugh... too bad :(

[15:34] {Threei}  knowing you, I don't doubt you would be all over it

[15:34] {vinod} I accepted this is going to be this way because of my job

[15:35] {Threei}  yeah

[15:35] {Threei}  and it was called for all tastes... as a scalp, as day trade and as a swing

[15:35] {dino} job? what do you do?

[15:35] {vinod} I am a hardware engineer server expert

[15:36] {dino} out pru .45, +.20

[15:36] {_levelseven} anyone play GORX today?

[15:36] {dino} cool vin

[15:36] {vinod} dino-I manage 1400 server all make and model

[15:37] {dino} wow, bright guy

[15:37] {Threei}  no l7

[15:37] {jfjf64} axp 1/1

[15:37] {Threei}  we generally avoid srocks under $1

[15:37] {jfjf64} 27 should blast off

[15:37] {vinod} thanks dino

[15:38] {dino} i do this, and flip r.e.

[15:39] {jfjf64} big fight at 27

[15:39] {Threei}  absence of any resistance till above 10 for SQNM shows

[15:39] {Threei}  nothing but air

[15:40] {vinod} might hit 6 today SQNM

[15:40] {Threei}  20 min left

[15:40] {Threei}  seems a buit extreme :})

[15:41] {Threei}  tomorrow though, quite possible

[15:42] {KSystems} we should have music in here

[15:42] {jfjf64} that was great call sqnm  this mornin  do  you  have  ya call there  

[15:42] {jfjf64} when ya posted it

[15:43] {Threei}  hmm?

[15:43] {Threei}  I need my decoder ring

[15:43] {larisa} just quote yourself again :)

06[15:43] * KSystems pushed a babelfish into 3i's ear

[15:43] {Threei}  rofl

[15:43] {jfjf64} that  quote  should go  in ya next book    lol

[15:43] {dino} ks music in my office all day

[15:44] {dino} bwld sm l .50

06[15:44] * Threei slaps KSystems around a bit with a large well-known electornic book with huge letters DON'T PANIC on the cover

[15:44] {KSystems} :))))

[15:45] {KSystems} Oh freddled gruntbuggly...

[15:46] {Threei}  well guys... I am not too jazzed to call overnight on SQNM after such run,

[15:46] {Threei}  but definitely something for tomnorrow

[15:46] {Threei}  hopefully it doesn't just gaps and runs on us

[15:46] {dino} bth stopped -.20

[15:46] {Threei}  RFMD is definitelt candidate too

[15:48] {Threei}  (US) Treasury Sec Geithner: Global crisis is receding a bit, encouraged by signs in demand and confidence data

[15:48] {Threei}  - G8 agenda will be recovery and reform, meeting to mainly be about taking stock. (related EUR/USD GBP/USD USD/JPY TLT SHY )

[15:49] {jfjf64} gn all

[15:49] {Threei}  take care jf

[15:49] {vinod} see you tomorrow

[15:50] {Threei}  watch SQNM for possible pullback

[15:50] {dino} cya jf, vin

[15:50] {Threei}  if profittaking hits for real, it may give pullback big enough for safer entry for overnight

[15:50] {Threei}  4.50, I would grab

[15:50] {jfjf64} hmm

[15:51] {larisa} see you later all :)

[15:51] {Threei}  larisa :)

[15:51] {fernp} good evening all. see u tomorrow

[15:51] {Threei}  taje care fern

[15:51] {_traderw} good evening all!

[15:52] {Threei}  traderw :)

[15:54] {dino} out bwldv .56, +.06

[15:54] {dino} cya trader

[15:54] {dino} fernp

[15:54] {Threei}  no pullback

[15:54] {dino} bwld no fill sorry

[15:56] {Threei}  okay guys, thank you all

[15:57] {Threei}  have a good evening, see you tomorrow

[15:57] {dino} bth rinsed

[15:57] {dino} cya 3i