Jun 16 2009

Many setups formed but never triggered; couple that did worked for scalps.And then there was MTXX to make life interesting

Session Time: Tue Jun 16 00:00:00 2009

[08:22] {_levelseven} EMKR perky

[08:25] {Threei} EMCORE Corporation Awarded $5M Solar Panel Manufacturing Contract for NASA''s Global Precipitation Measurement Mission

[08:25] {Threei} - The contract, valued at approximately $5M, will be managed by MEI Technologies, Inc. for the NASA Goddard Space Flight Center (GSFC).

[08:25] {Threei} - The Global Precipitation Measurement (GPM) mission is one of the satellite-based science missions studying global precipitation, including rain, snow, and ice. The launch of the spacecraft is presently scheduled for summer of 2013.

[08:25] {Threei} - The GPM spacecraft solar arrays will be powered by EMCORE''s latest generation, 30% efficiency class ZTJ multi-junction solar cells.

[08:25] {Threei} - Production of the solar cells and panels will take place at EMCORE''s state-of-the-art manufacturing facilities located in Albuquerque, New Mexico.

[08:30] {nemo} what i miss?

[08:36] {vinod} good morning

[08:36] {Threei} nemo, vinod :)

[08:38] {Threei} SQNM trying to build consolidation

[08:38] {Threei} MAY HOUSING STARTS: 532K V 485KE; BUILDING PERMITS: 518K V 508KE

[08:38] {Threei} MAY PRODUCER PRICE INDEX M/M: 0.2% V 0.6%E; PPI EX FOOD&ENERGY: -0.1% V 0.1%E

[08:40] {Threei} SPPI had to go ahead and post news of some dilution

[08:46] {Threei} EMKR pulled back some

[08:54] {_levelseven} 3i, is there a way to keep Mibbit "on top" so it doesnt get replaced every time I click another window?

[08:55] {Threei} yes but it's about keeping browser itself on top

[08:55] {Threei} there is a freeware somewhere that does that

[08:55] {_levelseven} maybe ill switch over to IRC

[08:55] {Threei} I use mirc so don't have it but easy to search

[08:59] {Threei} SQNM daily feels like thing is building up for the murdering shorts

[08:59] {_levelseven} ?

[08:59] {Threei} which part? :)

[09:00] {_levelseven} to kill or for benefit of shorts?

[09:00] {Threei} to kill

[09:00] {Threei} maim

[09:00] {Threei} dstroy

[09:04] {Threei} MS Reportedly expects to repay TARP money this Tuesday

[09:04] {Threei} (RU) Russian Energy Min: no threat to oil output declining

[09:04] {nemo} what does that mean?

[09:05] {Threei} well... make your choice between:

[09:05] {Threei} 1. oil output is safe

[09:05] {Threei} 2. we are not going to threat with decline, we will just diminish it if needed

[09:07] {KSystems} Good morning!

[09:07] {Threei} KS :)

[09:08] {nemo} Gruess Gott

[09:10] {KSystems} Grues Gott?

[09:10] {KSystems} thats the wrong corner

[09:10] {nemo} Ich weiss

[09:10] {nemo} geht doch?

[09:11] {fernp} good morning all

[09:11] {nemo} fern

[09:11] {dino} gm all

[09:11] {KSystems} I'd compare it to yelling "Howdy, Cowboy" to a Canadian

[09:11] {Threei} fern, dino :)

[09:12] {_levelseven} that $5 sqnm seller persistent

[09:13] {fernp} l7 you can download keepontop utility from here http://www.delayedreaction.com/freestuff/keepontop.zip

[09:13] {dino} fem?

[09:13] {fernp} allows you to keep MBBIT window on top of all the rest

[09:13] {_levelseven} hey, thanks alot fernp

[09:14] {KSystems} any1 out there who's using mibbit and would like to switch to mirc?

[09:14] {_levelseven} now i can keep pretending i know how to speak many foreign languages

[09:14] {fernp} :)

[09:14] {dino} genz blood

[09:16] {ese} morning

[09:18] {jfjf64} mornin all

[09:19] {ese} jf

[09:19] {jfjf64} ese

[09:19] {Threei} ese, jf :)

[09:20] {ese} GENZ dino.....first thing tha pops up for me this morning -4.57

[09:20] {ese} hey vad

[09:21] {nemo} WASHINGTON (AP) -- Industrial production tumbled more than expected last month as the recession crimped demand for a wide range of manufactured goods including cars, machinery and household appliances.

[09:21] {nemo} The Federal Reserve's report shows production at the nation's factories, mines and utilities fell 1.1 percent in May and has declined for seven straight months. Output also turned out to be a bit weaker -- a 0.7 percent decline-- in April than the Fed initially reported.

[09:21] {nemo} The 1.1 percent drop in May was the deepest since a 1.8 percent plunge in March.

[09:21] {nemo} story came across @ 9:17

[09:23] {dino} es re:genz, on it

[09:28] {Threei} watching EMKR for possible pop after open

[09:30] {Threei} .55 break

[09:30] {Threei} long for scalp

[09:30] {Threei} stop under .50

[09:31] {Threei} invalidated

[09:31] {ese} L sm genaz.00

[09:32] {ese} out genz.22

[09:32] {magoo} morn

[09:32] {Threei} magoo :)

[09:32] {ese} whoa

[09:32] {ese} +.22

[09:33] {ese} 1'2 lot

[09:33] {Threei} Long Setup: SQNM .90 break if styas above .85

[09:33] {Threei} oops... broke while I typed

[09:33] {ese} basically 2 clicks of the mouse within seconds

[09:35] {nemo} emkr building support

[09:35] {ese} higher lows dino.....gonna try .00 again

[09:36] {Threei} Goldman Sachs Cheif Economist: There are clearly "green shoots" in many countries, but still sees potential for market correction over next several weeks

[09:36] {Threei} can they stop using this term?

[09:37] {nemo} I was just going to say that

[09:37] {Threei} JAZZ sharp selling

[09:37] {Threei} no news that I see

[09:37] {_levelseven} emkr, make up ur mind

[09:37] {ese} l genaz .90

[09:37] {ese} genz

[09:38] {ese} agressive entry

[09:38] {ese} 1/2 lot

[09:38] {Threei} RMBS

[09:39] {Threei} SQNM is back in trigger

[09:39] {Threei} .92 worth a try

[09:39] {Threei} same condition

[09:40] {dino} pnra sm l .75

[09:41] {ese} out genz out genz.15

[09:42] {ese} +.25

[09:42] {ese} kinda like dive dive dive!!!

[09:43] {Threei} American Bankers Assoc (ABA): unemployment in US to peak at 10% and will stay above 9.5% throughout 2010; expect recession to end in Q3 2009; see US GDP over 3% by 2H 2010

[09:43] {dino} gj es

[09:44] {Threei} invalidated SQNM

[09:44] {ese} tks......if i had your nerve i'd still be in there

[09:45] {Threei} Long Setup: RMBS .30 break

[09:45] {Threei} stop under .20 or .15, both are valid

[09:45] {dino} stec

[09:46] {Threei} IMMU Reports New Antibody for Pretargeted Imaging and Therapy of Colorectal Cancer (2.55, 0.15, 6.25%)

[09:46] {Threei} RMBS invalidated

[09:46] {Threei} what the deuce

[09:46] {nemo} qs and spy climbing too

[09:46] {Threei} no trade will set up

[09:47] {vinod} movement are weird

[09:48] {ese} l genz .51

[09:48] {ese} 1/2

[09:49] {ese} out .74

[09:49] {nemo} go home ese

[09:49] {ese} +.23

[09:49] {fernp} gj ese

[09:50] {Threei} STEC lost its mind

[09:50] {_levelseven} emkr back

[09:50] {ese} tks......

[09:51] {ese} to tired to do anything yesterday.....feel fine today

[09:51] {_levelseven} emkr hod

[09:51] {jfjf64} gj ese

[09:53] {ese} tks

[09:54] {dino} pnra stopped -.27

[09:55] {nemo} genz pulling back ese

[09:55] {ese} will take a look

[09:56] {ese} am following drys

[09:56] {Threei} I don't even know what to follow

[09:56] {Threei} everything seems to be totally random and disconnected

[09:56] {ese} it does seem very ramdon this morning vad

[09:57] {Threei} hey, I;'ve got an idea

[09:57] {nemo} options expiration week?

[09:57] {Threei} I'll follow you ese

[09:57] {nemo} play a flute ese?

[09:57] {ese} nope!

[09:57] {ese} in music school

[09:57] {nemo} Pied Piper

[09:58] {dino} apkt

[09:58] {ese} woodwind techniques........prof told me he was gonna pass me just so that he'd never have to see me in his class ever again

[09:59] {ese} i took that as a sign for playing a woodwind instrument

[09:59] {Threei} STEC, this is a joke or what, lol

[09:59] {_levelseven} emkr barely made nhod

[09:59] {Threei} stock was under 5 earlier this year

[09:59] {jfjf64} lzb s trigger .19

[10:00] {dino} raised guidance by 40%

[10:00] {Threei} not enough enthsiasm for me, l7

[10:00] {ese} stec dino?

[10:00] {jfjf64} invalid

[10:00] {dino} yes 20 to 32 cents, revs. raised from 70m to 82 m

[10:01] {ese} anybody in stec

[10:01] {_levelseven} emkr getting enthusiastic

[10:01] {ese} nice 4 bill move there

[10:01] {dino} no

[10:03] {Threei} yeah

[10:03] {Threei} well, I misdjudge tem today

[10:03] {magoo} RMBS bounce time imo

[10:04] {ese} rats.....took a look at stec and missed pullback in drys

[10:04] {magoo} u reading RIMM boss?

[10:05] {ese} weird feeling day

[10:05] {Threei} not sure mags

[10:05] {jfjf64} tsl wow

[10:07] {Threei} Long Setup: RMBS .85 break

[10:07] {Threei} stop under .80 or .75

[10:14] {Threei} Analysts at Morgan Stanley comment on current equity run

[10:14] {Threei} - State markets need a 'v' shaped recovery to sustain any further equity rise

[10:14] {Threei} - Analysts do not see 'v' shaped recovery, next equity move likely to be more down than up

[10:14] {Threei} - Equity rally does not represent true beginning of new bull market

[10:14] {Threei} that's 4th setup invalidated

[10:15] {jfjf64} got stopped

[10:15] {magoo} to bad we didnt short it a point ago lol

[10:16] {nemo} snda up big

[10:17] {nemo} genz ese

[10:18] {Threei} PALM

[10:19] {ese} hey nemo......

[10:19] {nemo} you

[10:19] {nemo} yo

[10:19] {ese} sorry wasn't wathing it

[10:19] {nemo} np

[10:20] {ese} who knows though with the way the market is yo yoing around

[10:21] {ese} i think i'm barking up the wrong tree with drys.....doesn't want to do anything

[10:22] {_levelseven} stocks trading like its lunch time

[10:23] {ese} i like the levels that fitb is heading for.......

[10:23] {magoo} hows volume?

[10:23] {Threei} pitiful

[10:23] {vinod} market need help for direction

[10:24] {magoo} we close up or down yesterday?

[10:24] {ese} up

[10:24] {ese} no dn

[10:24] {dino} shld sm l .00

[10:24] {Threei} Long Setup: SAY .05 break if stays above 4

[10:25] {magoo} SAY it aint so.....

[10:26] {Threei} 1:1 for scalpers

[10:27] {Threei} frikin PALM

[10:27] {Threei} started typing alert .90 break when it pulled back,

[10:27] {Threei} it jumped to .97 in a blink

[10:27] {Threei} so I dropped it

[10:33] {Threei} EMKR gaining speed

[10:33] {_levelseven} emkr

[10:33] {_levelseven} too bad not getting much in pb's

[10:36] {_levelseven} palm have anopther bounce?

[10:37] {Threei} if market reverses up

[10:37] {Threei} it's not following market exactly, but does need directional support at the given moment

[10:40] {Threei} (FR) French Pres Sarkozy; There was fraud in Iranian election (related USO )

[10:41] {dino} shocking

[10:41] {Threei} BRIC countries: agree that world needs a more diversified financial system

[10:41] {_levelseven} emkr tiny ps'b, staying near hod = frustrating

[10:42] {dino} titn l .20

[10:44] {_levelseven} in emkr 64

[10:44] {Threei} here is better EMKR pullback

[10:45] {magoo} RMBS heads to break 19

[10:45] {magoo} pos tho

[10:45] {_levelseven} i hated trading rmbs years ago..wont touch it

[10:47] {ese} know what you mean.......mags has been trying to coach me through rmbs and aapl but both of them beat the crap out of me

[10:47] {magoo} HUH?? i NEVER TRADE RMBS

[10:47] {ese} and rimm as well

[10:47] {dino} same here

[10:47] {magoo} its vads

[10:48] {ese} rimm and aapl then mags

[10:48] {magoo} rimm..aapl yes

[10:48] {magoo} u making up stories lol

[10:48] {ese} ya can lump rmbs in with that lot as far as i'm concerned

[10:49] {Threei} Long Setup: MGM .90 break if stays above .85

[10:49] {magoo} in

[10:53] {Threei} US Economist Roubini forecasting an end to US recession in late 2009, with subsequent anemic growth

[10:53] {Threei} - Sees risks of a 'double dip' recession in 2010; deflationary pressures for next two year

[10:55] {Threei} lol ALXA

[10:55] {Threei} what woodwork do these things come from

[11:00] {Threei} can trail MGM to .87 if feel very stingy

[11:01] {ese} boy.....these goof balls do tend to come out of the woodwork don't they

[11:01] {dino} sm l ctrp .65

[11:01] {ese} jf....you heading to blackpage to catch any of the practise rounds?

[11:02] {Threei} UPS CEO: There can be no economic recovery without global trade

[11:02] {dino} hwkn

[11:02] {dino} thin

[11:02] {Threei} what's his point?

[11:02] {dino} algt blood

[11:02] {magoo} cramer says rimm reports tonite, yahoo had it as thurs..anyone know?

[11:03] {Threei} MGM next spike is coming

[11:03] {Threei} 1:1

[11:03] {ese} you going after that one dion

[11:03] {Threei} half out or scalp, your choice

[11:03] {dino} rimm wed.

[11:03] {ese} dino....dion hmmmmmmm i like it

[11:05] {dino} not yet e(ra)ser

[11:05] {Threei} NY Fed: Purchased $3.65B in $300B outright coupons purchase; Dealers submitted $31.3B for consideration (bid to cover )

[11:05] {Threei} - Heaviest purchase was $ for the maturity

[11:05] {Threei} - Note: avg bid to cover for prior four auctions is 3.26

[11:05] {dino} 35 strike area

[11:06] {Threei} Heaviest purchase was $5.95B for the 06/15/12 maturity

[11:07] {nemo} RIMM reports Thursday after market close

[11:09] {Threei} stop to .89

[11:11] {Threei} ESLR awake

[11:12] {Threei} MTXX Reportedly gets FDA warning letter related to Zicam cold medicine - unconfirmed report

[11:12] {Threei} - FDA nots that Zicam may cause users to loose their sense of smell. (18.71, -0.53, -2.75%)

[11:13] {Threei} depending on location, could be a good thing

[11:14] {dino} mtxx

[11:15] {magoo} news vad MTXX

[11:15] {Threei} ??

[11:15] {magoo} crashing

[11:15] {Threei} lift your eyes 2 lines

[11:16] {magoo} OOPS he he SORRY

[11:16] {_levelseven} blood bath

[11:16] {Threei} down 2 bucks since my post

[11:16] {Threei} I mean 3

[11:16] {_levelseven} anyone try a short?

[11:16] {Threei} I mean 4

[11:16] {dino} bottom?

[11:17] {nemo} just wear a parachute in case

[11:18] {dino} clmt drop

[11:18] {dino} thin

[11:19] {_levelseven} ouch

[11:20] {_levelseven} hello disaster

[11:20] {Threei} you know Imeant 5, right?

[11:21] {magoo} make a call lol

[11:21] {KSystems} in

[11:21] {dino} 12.50 52 week low

[11:22] {_levelseven} MTXX drug would be effective if you frequented the places 3i does

[11:22] {magoo} holy crap there

[11:22] {dino} in v sm 12.50

[11:22] {magoo} DO NOT make a call lol

[11:22] {nemo} you meant 7 right?

[11:22] {magoo} ill take it and get recto-mized

[11:22] {nemo} 60 grit no vaseline

[11:23] {magoo} blood as lube

[11:23] {nemo} That's an nc-17 rated stock

[11:24] {_levelseven} if this was eod, what a fun trader MTXX would be after hours

[11:24] {Threei} I lost count... was it 8?

[11:24] {_levelseven} its going to .01

[11:24] {magoo} i wish vad after news post called it short smsall

[11:24] {magoo} small

[11:25] {magoo} make your day on 100 shares

[11:25] {_levelseven} big bounce

[11:25] {magoo} i missed his news

[11:25] {nemo} It's like watching a bad accient, better look at other stocks

[11:25] {nemo} accident

[11:26] {ese} signing off for an hour and a bit ......gota teach a class....

[11:28] {fernp} bye es

[11:29] {_levelseven} new lo geez

[11:30] {Threei} Tuesday, June 16, 2009 11:25:55 AM

[11:30] {Threei} Matrixx Initiatives Inc. Follow up: FDA says new warning only applies to Zicam nasal products

[11:30] {Threei} - the company's "flagship product" is its Zicam Nasal gel

[11:30] {_levelseven} in 9

[11:31] {_levelseven} out 9.30

[11:31] {nemo} nice

[11:32] {dino} gj

[11:32] {nemo} an ese scalp

[11:33] {magoo} jesus...and u guys think RIMM is bad? lol

[11:33] {magoo} looks like turtle to this

[11:34] {dino} halt

[11:34] {Threei} smelt like that

[11:35] {_levelseven} halted?

[11:35] {Threei} yup

[11:35] {_levelseven} why dont they halt b4 the news??

[11:35] {_levelseven} theifs

[11:37] {Alert} 06/16/2009 11:34:24 MTXX Matrixx Initiatives Inc N T1 Trading is halted pending the release of material news.

06[11:37] * Threei slaps Alert around a bit with a large trout

06[11:38] * Alert slaps Threei around a bit with a large salmon

[11:38] {Threei} siogh... phantoms are too real

06[11:39] * nemo slaps Threei around a bit with a large sturgeon

[11:39] {Threei} oh it's Tuesday

[11:39] {nemo} hey, look what I found:

06[11:39] * nemo slaps Threei around a bit with a large coelecanth

06[11:39] * magoo slaps Threei around a bit with a large trout

06[11:39] * magoo slaps Threei around a bit with a large trout

[11:40] {nemo} fish guts everywhere

[11:40] {Threei} and then I wonder why I get e-mails from fishermen asking what products our site has to offer

[11:40] {Threei} Prez on TV

[11:40] {Threei} which reminds me

[11:40] {nemo} guy's a regular shrinking violet

[11:40] {Threei} http://www.youtube.com/watch?v=ewmruk69SIo

[11:41] {nemo} very funny

[11:41] {KSystems} i wonder what would happen if he went to complain about losing his sense of smell in the middle of his speech

[11:41] {jfjf64} palm .25 break

[11:45] {magoo} u tube too funny vad

[11:45] {Threei} and isn't it true

[11:46] {magoo} yea, first time i ever agreed with bill

[11:47] {Threei} he is smart and funny... just too left

[11:47] {magoo} his burger bush FUNNY

[11:47] {Threei} which makes this tape even more rem arkable

[11:47] {Threei} yeah, lol

[11:48] {Threei} this is NORAD, don't order burgers in the RED phone

[11:48] {magoo} yea..no one goes after lord obama..the next saint

[11:48] {magoo} i'm the president..bRING ME A BURGER lol

[11:50] {Threei} vigorous pursuit of demilitarization

[11:50] {Threei} uh oh

[11:52] {wulff} ditto maggo about Bill

[11:52] {wulff} first time

[11:54] {magoo} sometimes i cant even watch him

[11:54] {magoo} try and turn off

[11:56] {_levelseven} forgot to post earlier..short MTXX large 19.22

[11:56] {nemo} hahahaha

[11:57] {magoo} seriously?

[11:57] {_levelseven} 3i, where should my stop be?

[11:57] {nemo} mags 19.22 was hod

[11:57] {Threei} 19.23 l7

[11:57] {_levelseven} thx

[11:57] {nemo} more taurine excrement than a barnyard

[11:57] {nemo} mags, this is the guy that speaks all those languages

[12:05] {Threei} Reportedly US Treasury will not proposes new insurance industry oversight, may propose an "information agency" - unconfirmed report (related XLF )

[12:05] {Threei} strange

[12:05] {Threei} something won't get oversight? no tsar?

[12:06] {patience} probably an agency set up to employ ex-bankers vad

[12:23] {nemo} spy and qs double bottoming?

[12:23] {Threei} no indication wither way yet

[12:24] {nemo} just bringing it up incase somebody just woke up like I did

[12:30] {Threei} (US) House Majority Leader Hoyer (D): Expects the House to examine financial regulatory overhaul legislation in late July or early fall (related XLF )

[12:40] {Threei} PPHM Presents Phase I data showing Cotara delivers more radiation to brain tumors than to other normal organs

[12:40] {Threei} - Peregrine Pharma researchers will present data at the SNM 2009 Annual Meeting showing that its bra... (0.96, 0.06, 6.67%) more...

[12:50] {magoo} RIMM interestuing vad

[12:51] {Threei} feel slike catching falling knives mags

[12:51] {Threei} and we already had falling piano today

[12:53] {magoo} wee did?

[12:53] {Threei} MTXX?

[12:54] {magoo} oh..forgot

06[12:56] * magoo slaps laserdave around a bit with a large trout

06[12:56] * magoo slaps laserdave around a bit with a large trout

06[12:56] * magoo slaps laserdave around a bit with a large trout

[12:57] {dino} -4% dji, ndx, s/p since thursday

[13:05] {laserdave} thanks goober

[13:05] {magoo} anytime:)

[13:06] {ese} back

[13:06] {ese} man......what have you people done to the market since i left......

06[13:08] * KSystems slapped market around a bit with a few large drumsticks

[13:08] {ese} was going up but noooooooo.....thats not good enough for ya ehhhhhhh

[13:10] {ese} What happened...did Bernackers open his big mouth again?

[13:12] {Threei} no

[13:12] {Threei} US Auto Task Force: Noplans to provide auto suppliers wiht new aid - unconfirmed report

[13:12] {Threei} Reminder: Fed Governor Kevin Warsh scheduled to speak on economic policy at 1:15pmET

[13:12] {Threei} - an advanced text and audience Q&A are expected

[13:15] {Threei} Fed's Warsh: Unemployment will remain higher than previous economic downturns; must not pursue legislation that goes too far

[13:20] {Threei} Morgan Stanley Exec Roach: We have not entered a major crisis for the USD, financial markets are 'giddy' - CNBC (related EUR/USD XLF )

[13:20] {Threei} giddy?

[13:22] {Threei} SBUX WSJ: Planning to revamp brewing procedures as part of restructuring (13.93, -0.19, -1.35%)

[13:22] {Threei} huh?

[13:23] {nemo} gonna' reuse the coffee grounds

[13:23] {Threei} rofl

[13:23] {ese} good one nemo....too funny that crack

[13:24] {nemo} broken clock...

[13:24] {jfjf64} what goin on today

[13:24] {Threei} I hate their coffee as it is

[13:24] {nemo} me too

[13:24] {jfjf64} gonna hv to get day job

[13:24] {Threei} strange day jf - 6 calls,

[13:25] {ese} i like it........especially with a hypodermic needle

[13:25] {Threei} 4(!) invalidfated before triggering,

[13:25] {Threei} 2 triggered and worked for scalps

[13:26] {jfjf64} de s .48 trigger

[13:29] {jfjf64} invalid

[13:29] {Threei} lol

[13:29] {Threei} welcome to my world today - The World of Invalidation

[13:29] {Threei} or Invalid World

[13:29] {jfjf64} yup better then stops

[13:29] {Threei} sure

[13:30] {Threei} invalidation = no harm done

[13:30] {Threei} I just want mire of them triggering and working

[13:30] {Threei} but will take whatever market throws my way

[13:30] {Threei} MTXX still hatled

[13:30] {vinod} good afternoon

[13:31] {Threei} vinod :)

[13:31] {Threei} wow SQNM

[13:31] {Threei} quite a slidfe

[13:31] {nemo} look at the jbe on sds

[13:32] {vinod} nemo-did you brought the market down?

[13:33] {jfjf64} with market help de l .71

[13:37] {Threei} vinod... nemo won't confess but I confirm - it's his fault

[13:37] {nemo} fyvm

[13:45] {Threei} I know what I am going to write in blue blurb today

[13:45] {Threei} :look at 13:37 line to see how rude nemo is"

[13:47] {patience} i need a translation vad....is it something about my mother?

[13:47] {nemo} I don't know your mother

[13:47] {patience} you're kidding

[13:47] {Threei} I am sorry parience... I am too gentle and polite and soft and vulnerable to transalte that

[13:47] {nemo} oh jeez

[13:48] {patience} oh

[13:50] {KSystems} they have a work-safe translation http://acronyms.thefreedictionary.com/FYVM

[13:50] {KSystems} LOL

[13:53] {patience} ty ks.....i know a shorter way to say this :)

[13:53] {Threei} BNP Chief Economist Fabbri: Oil prices should be around $45-50/bbl, believes there is a commodities bubble, relative to global demand (related USO )

[13:56] {vinod} we might be able to get 10Cent out of TYP

[13:59] {Threei} UPDATE: White House proposes financial consumer protection agency to examine firms, levy fines - WSJ (related XLF )

[14:02] {Threei} no time for MTXX opening yet

[14:07] {jfjf64} s de .48

[14:07] {jfjf64} s de .48

[14:14] {nemo} so much for the bear trap...so far

[14:17] {nemo} whoa! http://drudgereport.com/flashaot.htm

[14:24] {ese} gotta go and give an exam all....see ya tomorow

[14:24] {magoo} bye ese

[14:24] {ese} cya mags

[14:26] {dino} cya es

[14:28] {Threei} DE works

[14:29] {jfjf64} yes slow death

[14:30] {jfjf64} 1/1

[14:30] {dino} gaps dji 8500, ndx 1435

[14:31] {dino} s/p filled yesterday at 919; next 855

[14:31] {jfjf64} 1/4 more .28

[14:34] {jfjf64} fightin

[14:34] {Threei} MTXX Confirms FDA warning letter (8.50, -10.74, -55.82%)

[14:34] {Threei} lol

[14:35] {Threei} FDA has asserted that the Company is in violation of its regulations by failing to file a new drug application for its Zicam Cold Remedy Nasal Gel and Zicam Cold Remedy Gel Swabs and that those products are misbranded under their regulations for failing to adequately warn of risks. The FDA referred to numerous complaints it has received of anosmia associated with the use of these products.

[14:35] {Threei} - Company believes these products are safe and do not cause anosmia. The Company''s position is supported by the cumulative science and has been confirmed by a multi-disciplinary panel of scientists.

[14:37] {_levelseven} sounds more like a labeling issue

[14:37] {Threei} well... either there is this l,oss of smell or not...

[14:38] {nemo} maybe you can help them translate it into different languages L7

[14:38] {Threei} ifd not that then yes, would be purely labeling

[14:39] {Threei} time for MTXX appeared

[14:39] {Threei} 14:50:00 14:55:00

[14:39] {Threei} will inject excitement

[14:40] {Threei} in our dull lives

[14:40] {patience} you need teenagers in your house again vad...i'm shipping mine to you

[14:40] {jfjf64} oh great

06[14:40] * Threei slaps nemo around a bit with a large dose of ginseng

[14:41] {Threei} thanks patience

[14:41] {nemo} actually, I used to take it daily

[14:41] {jfjf64} and

[14:41] {nemo} I'd buy it by the pound, put it in a glass jar and fill it with vodka

[14:42] {nemo} let it soak at least a month

[14:42] {nemo} then do a shot or two a day

[14:42] {jfjf64} nice

[14:42] {nemo} Ruined the taste of the vodka though, so I gave it up

[14:42] {nemo} went back to straight vodka

[14:42] {Threei} I don't know why wait a month

[14:42] {Threei} just drink vodka and chew ginseng

[14:43] {nemo} Have to...these are the roots

[14:43] {nemo} chewing it and ingesting it produce two different effects

[14:43] {Threei} bette yet... one root will sustain you a month at least

[14:43] {nemo} depends on the root

[14:43] {nemo} There are cheap roots for how I used them (about $60/lb)

[14:44] {nemo} and there are extremely expensive roots (very old) for acute applications

[14:44] {nemo} they can cost thousands

[14:44] {nemo} Then there's the type of ginseng depending on your constitution

[14:45] {nemo} Do you take "warm" ginseng, or "cool" ginseng

[14:46] {wulff} lvs l .32

[14:47] {Threei} wulff, if it's working, consider sister play, MGM .56 long

[14:47] {Threei} with stop under .50

[14:47] {wulff} ko

[14:47] {Threei} LVS will serve as a leader to this one it seems

[14:48] {wulff} big offer at .31

[14:50] {Threei} SVNT FDA panel reportedly recommends gout drug Krystexxa for approval; Vote 14-1 (9.26, -0.01, -0.11%)

[14:50] {_levelseven} MTXX gonna trade?

[14:51] {Threei} [14:39] {Threei} time for MTXX appeared

[14:51] {Threei} [14:39] {Threei} 14:50:00 14:55:00

[14:51] {_levelseven} this is gonna be fun to watch

[14:51] {Threei} SVNT too

[14:54] {Threei} no time for SVNT yet

[14:54] {Threei} here goes MTXX

[14:55] {Threei} yikes

[14:55] {KSystems} omg

[14:55] {nemo} what, it's only a 21 cent spread

[14:55] {nemo} 13

[14:55] {nemo} 23

[14:55] {nemo} oy

[14:56] {KSystems} 'ally?

[14:56] {nemo} for what entity?

[14:58] {_levelseven} looks like a buy

[14:58] {vinod} MTXX very wild

[14:59] {_levelseven} gotta let all the amateurs panic out

[15:00] {vinod} you mean all fund managers?

[15:00] {_levelseven} some have to

[15:00] {KSystems} i got some at 5.98

[15:00] {nemo} they don't have to get out ntil it's under $5

[15:00] {_levelseven} blink

[15:02] {_levelseven} not going up fast enuf

[15:02] {_levelseven} ugly

[15:03] {KSystems} jeez :)

[15:03] {vinod} I put order to buy 200 at 5.25

[15:04] {wulff} ese 's would be 20,000

[15:05] {Threei} why 5.25?

[15:06] {_levelseven} needs more violence

[15:06] {vinod} 10% lower than day's low

[15:08] {Threei} hmm

[15:08] {Threei} interesting indicator :)

[15:08] {vinod} my way--some time it works and sometime it doesn't

[15:09] {Threei} when it was at 15, it would lead you to idea to buy at 13.50, right?

[15:09] {Threei} see my point? :)

[15:09] {wulff} that would be a "not work"

[15:09] {nemo} "no worky"

[15:09] {vinod} it is only in this type of situation

[15:11] {vinod} I am worse than amateurs

[15:13] {KSystems} maybe its good for an overnight ;-)

[15:14] {_levelseven} was hoping for more wild swings from this

[15:15] {KSystems} yup

[15:15] {KSystems} could provide quite a gap though

[15:15] {Threei} sure... which way though?

[15:15] {_levelseven} in either direction

[15:15] {_levelseven} time to buy straddles

[15:16] {wulff} no shorts here waiting to cover

[15:16] {KSystems} its better than roulette, still

[15:16] {KSystems} no Zro

[15:17] {magoo} VADDDDDDDDDDDDDDDD

[15:17] {magoo} rot or rip?

[15:17] {_levelseven} nothin feels better than grabbin a fallin sword and watchin it spike up a buck

[15:17] {Threei} rip but without much enthusiasm

[15:17] {magoo} rit?

[15:17] {nemo} shorts are going to cover for the afternoon

[15:17] {wulff} I mean in MTXX

[15:17] {Threei} MGM and LVS slowly work

[15:18] {jfjf64} fas movin

[15:18] {_levelseven} dip under 6...ill try to scalp

[15:19] {wulff} hard 1:1

[15:20] {_levelseven} i wouldnt want to take this home short

[15:20] {_levelseven} could get pop

[15:21] {_levelseven} in 5.90 sm

[15:21] {_levelseven} oops

[15:21] {nemo} looks like you sat on the sword

[15:21] {nemo} give it a minute

[15:21] {_levelseven} i think it comes

[15:22] {_levelseven} out

[15:23] {_levelseven} -.05

[15:23] {_levelseven} too dangerous

[15:23] {wulff} now its too dangerous?

[15:23] {nemo} rofl

[15:23] {_levelseven} always dangerous

[15:24] {_levelseven} i wanted quick pop, didnt come so out

[15:24] {wulff} I could use a pop too

[15:26] {_levelseven} 10 mil shares is alot considering every print looks like 100

[15:27] {Threei} now comes the pop

[15:28] {_levelseven} the bounces too small

[15:28] {_levelseven} down like 70%, expect some wilder swings

[15:30] {wulff} almost LVS shakeout

[15:30] {wulff} one more bounce please

[15:31] {wulff} TY

[15:35] {Threei} PARD?

[15:35] {Threei} no news here

[15:39] {Threei} US) Senator Reed (D): Introduces bill to regulate hedge funds, legislation would require hedge fund advisors, private equity funds and venture capital funds to register with SEC

[15:39] {Threei} - Note that on 6/11 White House Advisor Volcker said there is no need to supervise hedge & private equity funds as closely as banks. Very big funds might need capital and leverage requirements.

[15:39] {nemo} the SEC does such a wonderful job now

[15:40] {_levelseven} now that nobody is making any money

[15:43] {KSystems} more news MTXX?

[15:43] {Threei} no

[15:48] {Threei} yikes

[15:48] {Threei} MTXX Formally suspends shipments of 3 of19 Zicam products; will issue some refunds to customers

[15:48] {Threei} - FDA earlier noted that issues it observed were for Zicam nasal product (6.01, -13.23, -68.76%)

[15:48] {_levelseven} someone just got the MTXX news lol

[15:50] {KSystems} BAA halted as well

[15:50] {KSystems} never heard about that company

[15:52] {wulff} they make sheep

[15:52] {Threei} lol

[15:53] {KSystems} lol

[15:56] {Threei} look at this dump

[15:56] {vinod} i cancel my order for MTXX

[15:56] {KSystems} I'm gonna take my portion home tonight

[15:56] {vinod} was afraid i might get it

[15:57] {KSystems} harr

[15:57] {KSystems} still looks pretty weak

[15:57] {KSystems} what would you expect anyway

[15:58] {vinod} I have no clue--boss may have answer

06[15:58] * KSystems slaps boss around a bit with a large sheep

[15:58] {_levelseven} "hi honey, hard day at work?/ Your broker called, said its urgent, something about MTXX"

[15:59] {KSystems} LOL

[15:59] {Threei} ouch

[15:59] {Threei} lol

[15:59] {Threei} okay guys

[15:59] {Threei} thank you all

[15:59] {Threei} have a good evening

[15:59] {Threei} see you tomorrow

[15:59] {vinod} thanks and have a nice evening

[15:59] {jfjf64} gn all

[16:00] {fernp} good evening all

[16:00] {KSystems} good night everyone

[16:01] {dino} dji gap filled 8500

[16:01] {dino} ndx remains 1435

[16:02] {KSystems} savient is releasing their news

[16:03] {Threei} I see the same

[16:03] {Threei} FDA recommends approavl

[16:03] {KSystems} done...resuming 4:20

[16:03] {Threei} time of trading appeared

[16:03] {Threei} yup

[16:04] {KSystems} good news?

[16:05] {Threei} [16:03] {Threei} FDA recommends approavl

[16:05] {_levelseven} they should do away with halts

[16:05] {KSystems} oh sry

[16:07] {KSystems} do the companies request the halts? or do the exchanges?

[16:07] {Threei} depends

[16:08] {Threei} company can request it

[16:08] {Threei} exchange can demand it

[16:08] {KSystems} ic

[16:08] {_levelseven} just let the news come out, if ur on the golf course, tough luck

[16:09] {nemo} \

[16:24] {Threei} STSI killed

Mon Jun 15 2009

Quiet low volume summer Monday, with a few nice plays though. Small biotechs continue showing stunning rallies here and there.

Session Time: Mon Jun 15 00:00:00 2009

[08:32] {jfjf64} mornin all

[08:33] {jfjf64} early bird gets the worm!!!!!!

[08:34] {Threei} nah... second bird gets the worm, first one gets eaten by the early cat

[08:35] {jfjf64} funny

[08:40] {Threei} IMMU Reports Updated Phase II Results With Radiolabeled Epratuzumab in Non-Hodgkin''s Lymphoma

[08:40] {Threei} Announced that epratuzumab labeled with the potent radioisotope, yttrium-90 (Y-90), when given in small fractionated doses to patients with non-Hodgkin''s lymphoma (NHL), achieved high rates of durable responses at total Y-90 doses exceeding the 32-mCi limit approved for a single dose of ibritumomab tiuxetan.

[08:48] {Threei} Reminder: US govt speakers scheduled for this morning

[08:48] {Threei} - Treasury Secretary Geithner is scheduled to participate in an event discussing the economy at 9amET.

[08:48] {Threei} - at 9:30amET, Chicago Fed President Evans will speak on the financial crisis at a breakfast meeting.

[08:56] {ese} morning vad

[08:56] {ese} opps...morning jf missed ya there

[08:58] {Threei} ese :)

[08:59] {ese} pretty nice weekend in paradise vad

[09:00] {KSystems} morning :)

[09:00] {Threei} IMF: Financial conditions have improved

[09:00] {Threei} totally

[09:00] {Threei} KS :)

[09:01] {ese} ksys

[09:01] {Threei} IMF raises 2009 US economic forecast to -2.5% (from -2.8% prior)

[09:06] {cosmo} bdsi

[09:07] {dptl} good morning all

[09:07] {vinod} good morning

[09:07] {Threei} BIODELIVERY SCI INTL Provides NDA update for ONSOLIS: FDA sees no need for review extension letter; should be within a few weeks of NDA approval

[09:07] {Threei} - Announced that the co has reached agreement with the U.S. FDA Division of Anesthesia, Analgesia and Rheumatology Products and a multidisciplinary review team on all aspects of the companys New Drug Application (NDA) for ONSOLIS (fentanyl buccal soluble film), including the Risk Evaluation and Mitigation Strategy (REMS). Although the FDA did not meet its action date of last Friday for this NDA, the Division has informed the company that FDA will not be issuing a review extension letter as their action on the NDA is forthcoming.

[09:07] {Threei} csomo, dp, vinod :)

[09:07] {cosmo} :)

[09:08] {Threei} (US) Treasury's Geithner: regulatory overhaul to cover gaps in systemic risk protection

[09:11] {Threei} Economy continues to face massive challenges, is in the early stages of repair

[09:17] {fernp} good morning everybody

[09:17] {ese} fern

[09:18] {Threei} fern :)

[09:19] {tomg} good morning all

[09:19] {Threei} tom :)

[09:20] {cosmo} cramer likes TQNT fyi

[09:21] {Threei} TQNT Price Target raised to $7 from $5 at Barclays, maintains overweight rating

[09:22] {ese} was reading a brokers blog a few years back and their standard play was to short cramer when he like something.......i'll bet they still do it

[09:26] {patience} good morning guys :)

[09:27] {Threei} patience :)

[09:27] {ese} patience

[09:29] {dino} gm all

[09:29] {Threei} dino :)

[09:29] {magoo} kugfjyyfjyuf

[09:29] {ese} how bout that heres the blog http://shortcramerpicks.blogspot.com/

[09:29] {Threei} 06/15/2009 08:05 AM [JAZZ] Data Suggest Sodium Oxybate Significantly Improves Pain and the Core Symptoms of Fibromyalgia

[09:29] {Threei} mags :)

[09:30] {ese} mags

[09:30] {Threei} Fed's Evans: TALF is working as expected

[09:31] {Threei} watching JAZZ

[09:33] {Threei} let's try to get it on pullback

[09:34] {Threei} BDSI hard selloff

[09:35] {Threei} 3.40 - 3.50 area JAZZ

[09:38] {cosmo} svnt

[09:38] {cosmo} 9.62 hod

[09:38] {Threei} one more sharp leg down JAZZ, and will be interested

[09:39] {Threei} Long Setup: SPPI 6.10 break

[09:41] {Threei} SQNM

[09:41] {Threei} no news that I see

[09:41] {nemo} STOP ON SPPI?

[09:42] {Threei} under 6 if triggers from here

[09:45] {_levelseven} in sqnm 4.99

[09:47] {magoo} BAC bounce coming

[09:47] {magoo} not in yret

[09:48] {dino} 8633 been holding, 926, and 1475

[09:48] {magoo} clubbed mkt

[09:48] {Threei} quite a selloff there

[09:48] {magoo} end of world vad???

[09:48] {dino} going to blow thru those levels, feels like

[09:48] {Threei} sure, we haven't had one this week yet

[09:48] {nemo} 2012

[09:48] {Threei} so let's have early and move on

[09:48] {Threei} SPPI invalidated

[09:48] {dino} gaps 5/29; 8500, 1435, 919

[09:49] {Threei} WFC is relatively stronger

[09:49] {vinod} QID?

[09:49] {magoo} agree

[09:49] {dino} ibm strong

[09:49] {nemo} SDS

[09:50] {Threei} JAZZ bounced from .45

[09:51] {Threei} was tough entry there

[09:51] {vinod} missed JAZZ

[09:51] {magoo} yea

[09:51] {magoo} SPY may be ready vad to bounce

[09:52] {nemo} maybe look for double bottoms given the indices today

[09:53] {Threei} JAZZ just goes

[09:53] {Threei} that initial read was the most accurate

[09:53] {Threei} [09:35] {Threei} 3.40 - 3.50 area JAZZ

[09:53] {jfjf64} yup

[09:54] {Threei} ACOR Hearing renewed takeover chatter circulating (26.21, 0.68, 2.66%)

[09:55] {dino} sm l ctrp .45

[09:55] {Threei} (US) Fed's Evans: There is a risk US unemployment could get close to 10% - Q (related EUR/USD )

[09:56] {magoo} RIMM intersting vad..double bottom

[09:56] {_levelseven} is like these Fed guys decide wether to buy calls ot puts, then make a statement about economy

[09:56] {magoo} an inverted snow camel formation

[09:56] {dino} cnqr sm l .75

[09:56] {_levelseven} sppi

[09:57] {_levelseven} sqnm nhod

[09:58] {_levelseven} out 1/2 sqnm 5.14 +.15

[09:58] {Threei} JAZZ Earlier this morning, CNBC's Mike Huckman comments on his blog that JAZZ Pharma press release this morning was on data that was presented last week

[09:59] {dino} qcom sm l .85

[09:59] {jfjf64} early bird gets worm??? lol

[09:59] {jfjf64} 3.40 3.50

[10:00] {Threei} SPPI really trying

[10:00] {_levelseven} sppi pace picking up

[10:03] {vinod} VAD- all your initial setup on JAZZ SPPI were good i didn't got any

[10:03] {Threei} both were very tough

[10:04] {Threei} QEP Co. Inc Reports Q1 $0.64 v 0.35 y/y, R$50.7M v 54.9M y/y

[10:04] {Threei} - gross margins 30.6% v 30.6% year ago

[10:04] {Threei} - significant economic uncertainties remain in each of the markets in which it operates. Accordingly, it remains extremely difficult for the Company to project how the global economic environment will perform and the extent to which, or whether, the recently experienced improvements in the Company''s results of operations will continue.

[10:04] {Threei} QEPC

[10:05] {_levelseven} would just like to scalp the spread

[10:05] {Threei} (US) White House Econ Advisor Goolsby: Reiterates proposal that all derivative dealers by subject to regulation -CNBC Interview

[10:06] {Threei} ALTU Hearing takeover chatter circulating (0.59, 0.04, 7.09%)

[10:07] {jfjf64} jazz double top challengen highs

[10:10] {Threei} US Supreme Court to review case involving gas station lease dispute

[10:10] {Threei} must be important lease

[10:12] {jfjf64} jazz ouch

[10:12] {_levelseven} sqnm hod

[10:13] {Threei} JAZZ will never stop

[10:13] {Threei} it will go and go, foirever

[10:14] {jfjf64} my week wd of been done

[10:14] {dino} ctrp styopped -.45

[10:16] {jfjf64} tza vad tripple tp

[10:16] {_levelseven} sqnm pushing again

[10:16] {Threei} if you are up to gambling play

[10:17] {Threei} JAZZ, .50 break

[10:17] {Threei} if holding above .35

[10:17] {Threei} scary one

[10:17] {_levelseven} out remaining sqnm 5.21 +.22

[10:19] {dino} gj

[10:20] {Threei} UAUA CFO: Current environment may be right to make further plane orders

[10:20] {Threei} half out JAZZ

[10:21] {vinod} I am In JAZZ what is stop in 0.50

[10:21] {Threei} under .35 originally

[10:21] {Threei} hit 1:1, so half out and stop to .45

[10:22] {vinod} thanks

[10:22] {vinod} out .63

[10:22] {Threei} offer 1/4 more .75

[10:22] {Threei} and last 1/4 .90

[10:23] {_levelseven} sppi trying again

[10:23] {Threei} yeah, looks like anohter runner if takes .25

[10:23] {vinod} see you after 13.30

[10:23] {Threei} take care vinod

[10:24] {_levelseven} sqnm is providing good scalps if u can stay on top of it

[10:25] {dino} rmbs rocking

[10:26] {_levelseven} 3i, sppi took the .25

[10:26] {Threei} stop under .15

[10:27] {_levelseven} didnt look like it had the legs (vol) earlier but you nailed it

[10:30] {Threei} HIG S&P revises outlook to stable from negative

[10:31] {Threei} hmmm

[10:32] {Threei} Long Setup: HIG .37 if holding above .30

[10:32] {Threei} interesting feeling today

[10:32] {Threei} market drops and drops, but there is a distinctive bullish feeling in the air, lol

[10:33] {Threei} maybe because I am focused on a few stocks that show strength

[10:33] {nemo} bullish or BS

[10:33] {Threei} and they do that against the market

[10:33] {magoo} plus your natural inclination to be positive and optimistic vad:)

[10:33] {Threei} rofl

[10:34] {nemo} altruistic lover of humanity

[10:34] {Threei} look how HIG is holding

[10:35] {Threei} impression is, these stocks just wait for the market to stabilize

[10:35] {_levelseven} sqnm nose dive

[10:35] {Threei} OPEC Sec Gen: Does not want oil prices to rise too rapid;y; seeks stable prices

[10:36] {nemo} unfortunately, he can't manage the $

[10:36] {Threei} VPHM Hearing vague chatter company as resolved issues with FDA over Cinryze (6.02, 0.06, 1.01%)

[10:39] {dino} calm

[10:39] {nemo} pork producer

[10:40] {jfjf64} hig strong

[10:41] {_levelseven} mkt not helping us

[10:42] {jfjf64} or is it hmmm

[10:42] {Threei} SVA Completes Construction of H1N1 Virus Seed Bank

[10:42] {Threei} - completed construction of the H1N1 virus seed bank necessary to produce a virus antigen

[10:43] {Threei} (US) Senator Stabenow: 1 yr stimulus too short, would like to see 10 yr stimulus window

[10:43] {Threei} why stop there

[10:43] {Threei} let's go for 100 years stimulus

[10:43] {Threei} and stimulate all this stuff out of existence

[10:43] {nemo} w ffffn stimulus? all they did was replace spending cuts

[10:47] {Threei} RMBS non-stop

[10:47] {Threei} SVNT Hearing upgraded from Hold rating at a boutique firm [wall st access] (timing uncertain) (9.31, 0.05, 0.54%)

[10:47] {nemo} HIG breaking through

[10:48] {dino} sm l pnra .09

[10:52] {dino} wynn sm l .30 stop .99

[10:54] {Threei} half out who went for HIG

[10:54] {jfjf64} ty

[10:55] {nemo} didn't it invalidate?

[10:55] {nemo} or stop

[10:57] {Threei} I provide coments for those who went for it and stayed with it

[10:57] {nemo} Ahhh

[10:57] {Threei} it barely touched on .37 before invalidating,

[10:57] {Threei} then returned to high

[10:58] {Threei} became kind of discretionary one

[10:58] {nemo} yes

[10:58] {Threei} and when there is a discretion, there usually is someone who takes the trade

[10:59] {Threei} not even speaking of aggressive ones who wait for pullback

[10:59] {nemo} Magoo

[10:59] {Threei} so who am I to discmintate and leave those without support

[10:59] {nemo} Mags, you take it?

[11:01] {magoo} actually, no

[11:01] {nemo} Monday

[11:01] {magoo} watching RIMM , not in ..flat here

[11:02] {dino} wynn stopped -.32

[11:02] {magoo} nasty mkt

[11:03] {nemo} unless you're playing shorts

[11:03] {nemo} I stand on my head when looking at the screen, it's like going long

[11:03] {magoo} true dat lol

[11:04] {magoo} i always want to..but tend to not

[11:05] {Threei} Long Setup: FITB .70 if stays bove .65

[11:07] {Threei} US) Economist Robert Schiller: Housing downturn is not over yet

[11:07] {Threei} US Economist Roubini: US unemployment will reach 11% 'for sure'; stress tests not stressful enough

[11:07] {Threei} ok... too many talking heads at once

[11:08] {Threei} and each trying to out-pessimize others

[11:08] {Threei} looking for market turn

[11:09] {Threei} FITB, I'd modify it

[11:09] {nemo} indexes look lik bottoming

[11:09] {Threei} .65 break long if stays above .60

[11:09] {Threei} either that, or conslidate for another leg down nemo... hard to tell

[11:10] {nemo} understand :)

[11:11] {magoo} RIMM has held

[11:13] {magoo} any read rimm vad?

[11:13] {Threei} .20 break worth a try

[11:16] {Threei} 1:1

[11:24] {Threei} FITB invalidated second time

[11:24] {Threei} not is day

[11:24] {Threei} its

[11:27] {Threei} CNBC's Liesman: Part of new regulatory overhaul will require security originators to hold 5% of securitized assets sales

[11:28] {Threei} new overhal will eliminate 'gain on sale' accounting

[11:28] {Threei} hmmm?

[11:28] {Threei} why would they want to eliminate that?

[11:28] {nemo} they'll still hold part of the asset, how will they know how much they made?

[11:29] {Threei} what is it, another m2m disaster in the making?

[11:29] {nemo} If there margin on the sale was 5%, the amount they're required to hold, and the asset goes to 0 they make nothing

[11:29] {nemo} absolutely

[11:29] {Threei} FDA reportedly notes there may be an association between ADHD drugs and deaths - unconfirmed reports (related LLY NVS TEVA PFE )

[11:31] {nemo} Abby Joseph Cohen sees a surge in corporate profits...has that woman ever been right about anything?

[11:36] {ese} no....ese is watching.........just very tired from a performance last weekend.....don't feeli like i'm all here and so should not be making trades

[11:36] {Threei} oh great

[11:37] {Threei} that's why FITB is so wek today

[11:37] {Threei} ese is not supporting it

[11:37] {magoo} just once she was..in like 1998

[11:37] {nemo} so it's ese's fault

[11:37] {Threei} yes

[11:37] {nemo} musicians

[11:37] {Threei} they are the worst

[11:38] {Threei} next chance I get, I'll pour 2 bottles of vodka in him and make him promise he buys 1 mil of shares of FITB daily

[11:52] {Threei} Short Setup: RMBS .20

[11:52] {Threei} if stays below .30

[11:53] {Threei} just a scalp, feel free to cover

[11:54] {Threei} hit 1:1 in one sharp bar

[11:57] {nemo} rmbs maybe setting up agin

[12:04] {Threei} FITB finally reversed

[12:05] {Threei} oh well

[12:05] {jfjf64} no ese no fitb

[12:06] {Threei} yeah

[12:06] {Threei} ok, looking at WFC,

[12:06] {Threei} it's eaither .80 break short

[12:06] {Threei} or .90 break long

[12:06] {Threei} whichever comes first

[12:07] {jfjf64} ya drinkin

[12:08] {jfjf64} lol

[12:08] {Threei} what makes you think so? (gulp)

[12:09] {jfjf64} ese laid up know ya drinkin what up

[12:10] {jfjf64} need dino to drive boat

[12:12] {dino} :)

[12:16] {Threei} Prez on TV

[12:16] {dino} when isn't he

[12:17] {Threei} lol

[12:18] {ese} hey jf......no my high school

[12:18] {Threei} President Obama: Does not support any caps on damages from healthcare lawsuits, calls fear of lawsuits a "real issue" for doctors - speaking before the AMA

[12:19] {ese} thythm and blues band had a show

[12:19] {ese} in Vancouver on the weekend and it was a late

[12:19] {ese} show saturday night that i haven't fully recovered from yet

[12:19] {ese} drinkin would have been earsy to recover from

[12:22] {dino} you're getting old es, lol

[12:23] {ese} definately

[12:24] {ese} but with my new cobras'.....can still put a 3 iron 210.......and tee it up to 270

[12:25] {ese} hangin in there

[12:25] {dino} 3 iron 270 from tee, nice

[12:25] {nemo} rmbs recovered

[12:26] {chinggis} Vad JAZZ pullback playable?

[12:27] {Threei} can't tell here... I would do this about JAZZ:

[12:27] {Threei} lave it alone for now,

[12:27] {Threei} return to watch it closer to end of day

[12:27] {Threei} or if it returns to the high

[12:27] {Threei} I have feeling it may not be done yet,

[12:27] {Threei} but at this point it's in digesting state of mind

[12:28] {Threei} chewing up both, longs and shorts

[12:28] {Threei} and waiting to see who has more resolve

[12:28] {Threei} don't want to get chewed up here :)

[12:28] {chinggis} ok TY

[12:30] {ese} driver from the tee 270

[12:32] {jfjf64} goin to us open sat ese bethpage

[12:33] {Threei} WFC hit 1:1 quickly

[12:33] {Threei} anyone?

[12:33] {jfjf64} yup

[12:33] {Threei} :)

[12:33] {jfjf64} ty

[12:33] {jfjf64} gulp

[12:33] {Threei} lol

[12:35] {jfjf64} im countin 5/5 today keep drinkin

[12:38] {Threei} wow

[12:38] {Threei} wtg

[12:39] {dino} gj

[12:41] {jfjf64} hpq .02 trigger here

[12:41] {ese} hey jf........will be watchin it on the telee....you going

[12:42] {jfjf64} yup 20 min from where i live

[12:42] {ese} NICE!!!!!!!!

[12:42] {ese} i wish

[12:45] {ese} would love to see a major some time.......closest i've been is the 94 British open that Nick Price won.....I played the course "Turnberry" the next weekend. All but 2 of the pins were the pins they had for the open

[12:46] {ese} shot 84.......very exhillarating

[12:47] {jfjf64} 84 nice

[12:47] {ese} ok....are you ready for this......this will be hard to believe????

[12:47] {ese} i was on????????

[12:48] {ese} my hooneymoon!!!!!!!

[12:48] {jfjf64} wow

[12:48] {jfjf64} ya better stay with her

[12:49] {jfjf64} lol

[12:49] {ese} indeed...beautifull clubhouse......my wife sat in luxury reading and being catered to for 5 hours

[12:50] {jfjf64} im a ticket broker also so i get to go to all that stuff

[12:50] {ese} again..........NICE!!!!!!!!!

[12:52] {ese} yup.....i can remember the Turnberry club house like it was yesterday.......Locker rooms were all decked out in green marble.......made my house look like something out of "Slumdog Millionaire"

[12:53] {jfjf64} different world maybe one day

[12:54] {ese} for sure.....hope to get back there though.......maybe you dino and I........Scotish golf tour ehhhh?

[12:54] {jfjf64} gettin alot of rain here hopefully by weekend clears out

[12:55] {jfjf64} sure take vad with us

[12:55] {Threei} me no golfer

[12:55] {ese} indeed...... he can do the crab fishing for dinner!

[12:55] {jfjf64} luv crabs

[12:58] {ese} Ok....i'm starting to come to life mentally here.......just in time to go administer one of my math exams.....

[13:14] {Threei} Moodys cuts Ohio GO rating to Aa2 from Aa1

[13:14] {Threei} can we short Ohio?

[13:26] {Threei} WSJ: Fed economist claims US close to full capacity, has doubts on economy's slack

[13:26] {nemo} huh?

[13:26] {Threei} don' get it either

[13:29] {Threei} S&P raises Ecuador rating to CCC+ from SD

[13:29] {Threei} ok, so the game is clear now

[13:29] {Threei} short Ohio, long Ecuador

[13:30] {magoo} symbols??

[13:30] {Threei} OH and EC

[13:30] {Threei} oops, there is EC

[13:30] {Threei} lol

[13:31] {Threei} EECK then

[13:31] {vinod} my guess down over 300 point

[13:32] {dino} pnra stopped .19, +.10

[13:32] {dino} 919 gap filled

[13:32] {Threei} Fed's Fisher: Deflation is just as bad as inflation - tv interview

[13:33] {Threei} heh

[13:33] {Threei} wisdom from high above

[13:33] {Threei} 'too much slack' exists in US economy

[13:33] {Threei} hmmm

[13:34] {Threei} WSJ: Fed economist has doubts on economy's slack

[13:34] {Threei} what the heck are these guys talking about?

[13:35] {Threei} - Comments that does not expect the Fed to tighten rates in the near future

[13:37] {ese} outta here all see ya tomorrow........make sure you study.....because i'm giving you my gr10 math exam

[13:37] {jfjf64} later ese

[13:38] {Threei} take care ese

[13:38] {ese} later

[13:38] {ese} see ya vad

[13:42] {_levelseven} sppi still hangin around

[13:43] {Threei} yeah, same idea as JAZZ

[13:43] {Threei} subject of interest later on

[13:43] {Threei} lwt it digest for now

[13:44] {_levelseven} if the mkt would rally a bit...

[13:45] {Threei} that seems to be a tall order today, lol

[13:45] {Threei} although.. look how there is no volume on this red day

[13:45] {nemo} tndm on 5 minute chart

[13:48] {magoo} setting up for dino's infamous call "turnaround tuesday"

[13:49] {Threei} with this volume on retreat, I wouldn't be suprised

[13:49] {Threei} and I would expect a snaback to be quite violent

[13:50] {Threei} what is better way to kill shorts than to encourage them by such red bar,

[13:50] {Threei} then open with gap up and never look back

[13:51] {nemo} Wonder what time the PPT shows up today

[13:52] {vinod} they going to show up on short side today

[13:52] {Threei} if they want the trap to be perfect, they won't

[13:52] {Threei} they'll let bears have their day

[13:52] {Threei} lure them in overnight holds,

[13:53] {Threei} trap them by gap up

[13:53] {Threei} and push as hard as possible to force them cover and add fuel

[13:53] {magoo} i feel bad for the cute lil bears

[13:53] {Threei} if I were PPT head, that's how I would murdered them

[13:54] {vinod} I thought short are already dead.

[13:54] {wulff} "They," I assume are people with more money then I?

[13:56] {dino} turnaround tuesday?

[13:57] {Threei} STSI Reportedly jury is set to hear closing arguments in case against Reynolds today (4.46, -0.02, -0.45%) (related RAI )

[13:57] {Threei} THEY wulff... you know...

[13:57] {Threei} powers that be

[13:58] {wulff} the borg

[13:58] {Threei} the who?

[13:58] {nemo} star trek

[14:00] {Threei} look at this sneaky move by SPPI

[14:01] {magoo} [13:49] {magoo} setting up for dino's infamous call "turnaround tuesday"

[14:05] {Threei} SPPI seems to becoming a runner candidate

[14:06] {Threei} I'd like to see one more little retreat before breaking the high

[14:06] {Threei} and I wouldn't be surprized to see 7 today

[14:06] {jfjf64} i lk when ya see the future

[14:07] {Threei} unless it's hallucination

[14:10] {Threei} high is abouit the get tested

[14:16] {Threei} OK, here is our retreat

[14:16] {Threei} want it to be not too deep

[14:16] {Threei} then return to above .30 and break

[14:17] {Threei} ideally, we never lose .10- .15

[14:17] {jfjf64} ya lost me what is trigger pls

[14:18] {Threei} .33 - .35

[14:18] {jfjf64} k

[14:19] {dptl} have a good evening all

[14:19] {Threei} take care dp

[14:19] {jfjf64} what was that

[14:19] {Threei} out of bounds print

[14:20] {Threei} real low is .10

[14:24] {dino} qcom l .00, last try

[14:27] {jfjf64} de l.02

[14:31] {jfjf64} no good

[14:34] {_levelseven} hw hi did sppi get in that move a little while ago?

[14:35] {Threei} .32

[14:35] {Threei} with a few prints out of bounds

[14:36] {vinod} market is down on small to no volume today

[14:36] {Threei} yup

[14:37] {_levelseven} sqnm fell outta bed

[14:37] {vinod} better luck tomorrow have a good evening see you tomorrow

[14:38] {Threei} take care vinod

[14:43] {Threei} with this pullback, want to look for entry better than day high

[14:44] {Threei} could take a few tries but better risk than wait for another run at highs

[14:44] {Threei} 6.10 break if holding above 6

[14:45] {chinggis} which stock Vad?

[14:46] {Threei} SPPI

[14:46] {chinggis} TY

[14:51] {jfjf64} someone lk to tell sppi the market still open

[14:51] {nemo} sqnm VAD

[14:55] {Threei} starts looking like turning point for it

[14:55] {Threei} if pulls back closer to .70, worth a try

[14:56] {Threei} with stop under .65

[14:58] {jfjf64} jazz got the look

[14:59] {jfjf64} nice vol

[14:59] {Threei} first strength from here, SQNM

[15:05] {wulff} again the market never ceases to impress me

[15:05] {wulff} with its wierdness

[15:05] {jfjf64} jazz settin up again

[15:05] {Threei} that's what it does best wulff

[15:06] {jfjf64} goin to test highs

[15:06] {wulff} it being a representation of the collective

[15:06] {wulff} and we being the collective

[15:07] {nemo} Oh great, the Borg again

[15:07] {wulff} we are hence weird...

[15:07] {Threei} thus we are weird

[15:07] {wulff} and unstable

[15:07] {Threei} I disagree

[15:08] {Threei} I am very stable in my weirdness

[15:08] {dino} one of seven

[15:08] {dino} bprg that is

[15:08] {dino} borg

[15:08] {nemo} wullf might have a point...you're consistent though

[15:10] {Threei} oh, and I am very weird in my stability

[15:10] {_levelseven} like watching grass grow

[15:11] {nemo} ?

[15:11] {Threei} it's those green shoots, l7

[15:11] {nemo} like listening to Vad's jokes

[15:11] {nemo} :)

[15:11] {_levelseven} mkt maybe bouncing

[15:11] {Threei} you be careful nemo... people who venture too far against my jokes risk to be subjected to listenting to my poetry

[15:12] {nemo} After threee....the PPT

[15:12] {Threei} and trust me... you don't want that

[15:12] {_levelseven} sppi trying to tell us something

[15:12] {nemo} There was a man from Ukrain...who thought he had a very big brain

[15:13] {Threei} well well well... I think we are about to see the ultimate in torture: having been made to listen to my SINGNING

[15:13] {jfjf64} he watched his level 2

[15:13] {nemo} hehehehehehehehehe

[15:13] {dino} and kicked it w/his shoe

[15:14] {Threei} there were rare individuals of almosy inuman strength who survived my poetry

[15:14] {jfjf64} jazz alert

[15:14] {nemo} I read that while drinking over the keyboard...not good

[15:14] {Threei} but no one managed to live through my singing yet

[15:14] {nemo} There was a trader named Vader

[15:15] {jfjf64} in .48 jazz

[15:15] {dino} who had a gal and he did hate her

[15:16] {nemo} so he started to recite

[15:16] {Threei} wow... I may be not the worst at it

[15:16] {dino} i don't want to fight

[15:17] {nemo} ...said she in a terrible fright

[15:17] {_levelseven} zzzzzzzz

06[15:18] * nemo slaps _levelseven around a bit with a large alarm clock

[15:18] {Threei} half out SQNM

[15:18] {Threei} scalpers takwe profit

[15:20] {jfjf64} 1/1 jazz

[15:20] {Threei} nice jf

[15:21] {dino} qcom stopped flat sheesh

[15:21] {jfjf64} allout

[15:21] {jfjf64} ty

[15:24] {jfjf64} pull bk to .20 wd be good

[15:27] {Threei} Elliott Wave's Prechter: The US will likely loose its AAA rating by the end of 2010, sees S&P500 falling well below March 6th interday low by end of 2009 or early 2010

[15:28] {Threei} Elliott Wave?

[15:28] {_levelseven} any other uplifting news?

[15:28] {Threei} what the deuce is that outfit?

[15:28] {nemo} well, as long as we can make money on the short side

[15:28] {nemo} Geometry of stock movement

[15:28] {Threei} that I know... what business do they have predicting ratings of countries?

[15:28] {Threei} what does it have to do with technical analysis

[15:29] {Threei} especially with such woodoo brand of it

[15:29] {Threei} voodoo too

[15:29] {Threei} feel free to exit second half of SQNM as you see fit

[15:29] {Threei} nice and easy play

[15:29] {Threei} also, I will venture to suggest:

[15:30] {Threei} anyone who in this climate thinks he can forecats what is going to happen "by end of 2009 or early 2010" is delusional

[15:30] {wulff} yup

[15:30] {nemo} I know what's happening in 2012

[15:30] {_levelseven} stocks picking up

[15:30] {Threei} in reality it's a simple case of:

[15:31] {Threei} forecast must be long enough for people to forget,

[15:31] {Threei} then if it pans out, author will remind and copy/paste,

[15:31] {Threei} if not - no one will ever hear about it

[15:35] {nemo} PPT a few minutes early?

[15:36] {nemo} or just shorts covering like rats from a sinking ship?

[15:36] {Threei} {PPT} by whose standards? we are on our own schedule

[15:37] {nemo} I'm on martian time myself

[15:37] {wulff} remind me, PPT

[15:37] {nemo} Plunge Protection Team

[15:37] {jfjf64} bounce

[15:37] {wulff} Peters party tray

[15:37] {Threei} mythical creature from nemo's feverish fantasies

[15:38] {nemo} whoa

[15:38] {nemo} Must be true, I heard it on CNBC

[15:38] {jfjf64} jazz .64 trigger

[15:39] {Threei} nice

[15:40] {jfjf64} half out

[15:41] {Threei} my plan for SPPI:

[15:42] {Threei} stop is still under 6,

[15:42] {Threei} feering half above 6.20,

[15:42] {Threei} willing to cary it overnight if no resolution today or after hours

[15:42] {jfjf64} 1/4 out

[15:42] {_levelseven} been stuck in the mud

[15:42] {jfjf64} stop to .70 last

[15:43] {Threei} beautiful management jf

[15:43] {Threei} your trading is very very different from what it was just a couple short months ago

[15:43] {jfjf64} ty pirate ya

[15:46] {jfjf64} startin to sink in

[15:47] {Threei} not too complicated when you get right down to it, eh

[15:47] {Threei} not easy to execute, buit not complicated

[15:50] {_levelseven} sppi miserable range

[15:50] {jfjf64} keep it simple tk what it gives us but correct not easy to executive

[15:50] {dino} gj jf

[15:51] {jfjf64} thank all ya guys best show in town

[15:54] {Threei} wow

[15:54] {Threei} look at today's volume

[15:55] {Threei} what is it, less than half?

[15:55] {nemo} I've got about 60% DOW 75% NAS 55% S&P

[15:55] {Threei} ty

[15:56] {jfjf64} guess lot of people took long weekend

[15:56] {nemo} Summer

[15:58] {Threei} okay guys

[15:58] {Threei} not ourtstanding but profitable day

[15:59] {Threei} have a good evening, see you tomorrow

[15:59] {nemo} P&Q

[15:59] {jfjf64} n all

[16:00] {fernp} good evening all

[16:01] {magoo} ty all

[16:02] {dino} gn all

Jun 12 2009

Positive day but somewhat disconnected. Trades would appear with no "flow" so to speak. Or maybe it's just Friday.

Session Time: Fri Jun 12 00:00:00 2009

[08:21] {pita} gm everyone

[08:21] {Threei}  morning pita

[08:21] {nemo} hey pain!

[08:21] {pita} Captn!

[08:22] {Threei}  SVNT... sheesh

[08:26] {vinod} GM everyone

[08:26] {nemo} Vino :)

[08:27] {Threei}  vinod :)

[08:27] {nemo} cpst spit the bit

[08:28] {vinod} I brought at 1.23 1k

[08:28] {Threei}  went up nicely after the closer

[08:28] {nemo} yes, up to 1.42 I think

[08:29] {vinod} nemo-got email no raise in 2010, got nothing in 2009 but 5% pay cut

[08:29] {vinod} and economy is improving?

[08:29] {nemo} you're one of the lucky ones

[08:29] {nemo} of course not, just falling slower.  

[08:30] {nemo} It went over the cliff, and landed on a downward sloping lower cliff

[08:30] {nemo} We're sliding toward the edge again

[08:30] {vinod} don't trust pre-market

[08:30] {nemo} I used to swim at the Quincy Quarries before they drained them

[08:31] {nemo} From experience, if the economy starts falling from a great height and hit's water instead of ground, it still hurts...alot.

[08:31] {vinod} will be back by 9.30

[08:49] {nemo} consumer sentiment in a few minutes

[08:53] {Threei}  hmmm

[08:53] {Threei}  Friday, June 12, 2009 8:19:41 AM

[08:53] {Threei}  Savient Pharmaceuticals Inc. Hearing strength attributed to chatter surrounding FDA staff report released on Krystexxa FDA application ahead of FDA advisory panel meeting next week

[08:53] {Threei}  - follow up: FDA staff report states it believes Krystexxa is effective at the proposed dosing, but there are some concerns regarding safety profile of the gout drug. Safety issues include potential heart problems and allergic reactions.

[08:56] {magoo} morning

[08:56] {nemo} Magus :)

[08:56] {nemo} How much longer for the ankle?

[08:57] {Threei}  magoo :)

[08:58] {magoo} oh..ty for asking

[08:59] {magoo} ive been limping around no cast or crutches since last saturday

[09:02] {Threei}  what do I miss about SVNT... what's on wires doesn't look all that rosey

[09:02] {nemo} so the market is supposed to be logical?

[09:05] {cosmo} hmmm...logical ... makes cents to me....

[09:08] {fernp} good morning everybody

[09:08] {Threei}  fern :)

[09:08] {dino} gm all

[09:08] {Threei}  dino :)

[09:16] {ese} good morning

[09:17] {Threei}  ese :)

[09:18] {ese} "whats the buzz tell me whats a happenin".....repeat that line 4 times....JC superstar opera

[09:19] {ese} remember that?

[09:19] {cosmo} missing bees?

[09:20] {ese} indeed 

[09:20] {cosmo} :)

[09:22] {ese} just about slept throught the opening......we looking at anything in particular

[09:22] {nemo} svnt cpst 

[09:23] {Threei}  SVA

[09:23] {nemo} alti

[09:23] {Threei}  ALTI

[09:23] {nemo} whoa

[09:23] {Threei}  what?

[09:23] {Threei}  I don't watch WHOA

[09:23] {nemo} the pididdle

[09:24] {dino} rmbs

[09:25] {cosmo} acas

[09:26] {dptl} good morning all

[09:26] {Threei}  Thursday, June 11, 2009 10:50:43 PM

[09:26] {Threei}  Rambus Inc Confirms tentative settlement with European Commission

[09:26] {Threei}  - The company announced that it has reached a tentative settlement with the European Commission (the Commission) to resolve the pending case against the Company.

[09:26] {Threei}  - Under the proposed resolution, the Commission would make no finding of liability relative to JEDEC-related charges, and no fine would be assessed against Rambus. In addition, Rambus would commit to offer licenses with maximum royalty rates for certain memory types and memory controllers on a forward-going basis.

[09:26] {Threei}  dp :)

[09:26] {cosmo} ACAS: 3.70 pre mtk high fyi

[09:27] {Threei}  so, what's the reasoning to short SVNT by realmoney?

[09:27] {nemo} the guy said so

[09:29] {ese} i like the dividend angle cos......

[09:29] {ese} some stock yestereday just when shooting up on that kinda news

[09:30] {magoo} its a call to short open..then reenter long later

[09:30] {Threei}  scary guy

[09:31] {magoo} well..its working

[09:32] {dino} lol

[09:32] {Threei}  good luck doing that...

[09:33] {magoo} finnies ripped up against naz

[09:34] {nemo} might be on that "profit" earned by the citizens on their CITI investment

[09:34] {magoo} dive RIMM vad

[09:34] {dino} rmbs sm s .15

[09:35] {Threei}  wanna have a look at SVNT?

[09:35] {magoo} ya

[09:35] {Threei}  poor shorts

[09:36] {magoo} he said then buy it 

[09:36] {Threei}  sigh

[09:36] {Threei}  I'll provide same kind of calls from now on

[09:36] {Threei}  buy RIMM then short it

[09:36] {Threei}  there, 5 cents uptickj

[09:37] {Threei}  and 7 cents downtick now

[09:37] {Threei}  I was right

[09:37] {magoo} ty he he

[09:37] {Threei}  oh you are very welcome

[09:38] {magoo} FOCUS

[09:38] {magoo} look RIMM

[09:38] {dino} take a chill vad

[09:38] {Threei}  HIG Exec: TARP is still being evaluated, not yet decided

[09:38] {Threei}  - Reminder: HIG was among certain insurers deemed eligible to receive TARP

[09:39] {dino} crazy to take it

[09:39] {dino} or desparate

[09:39] {Threei}  serious dump HIG

[09:39] {Threei}  FITB on the other hand...

[09:40] {ese} yes am waiting for a pullback there vad

[09:41] {ese} bac and wfc up also

[09:41] {Threei}  SVNT will trade higher today

[09:41] {Threei}  it's a trap for shorts

[09:41] {Threei}  too bad it's so volatile, hard to control risk

[09:42] {Threei}  prepared alert twice for 8.90 break, and backed off

[09:43] {nemo} what was your stop on rmbs dino?

[09:43] {Threei}  ALTI is breaking

[09:43] {dino} .53 still in

[09:43] {nemo} nice

[09:44] {dino} time will tell

[09:44] {nemo} at the moment of course

[09:45] {Threei}  who took it overnight, keep stop at .97

[09:45] {dino} ;)

[09:45] {vinod} CPST moving

[09:46] {Threei}  CPST, offer half somewhere between 1.40 and 1.50, IMO

[09:46] {Threei}  stop under 1.10

[09:46] {cosmo} jaso

[09:48] {Threei}  who never took ALTI but liking it now - try to get it on pullback, as long as it doesn't lose .97

[09:49] {dino} payx sm s .51

[09:50] {dino} stop .83

[09:50] {dino} qcom sm l .50, stop .17

[09:51] {Threei}  half out ALTI

[09:52] {cosmo} jaso 5.80 test soon

[09:53] {ese} no clear direction markets

[09:53] {dino} gut says down

[09:54] {ese} michigan confidence out in a couple of minutes

[09:54] {ese} have same feeling dino

[09:54] {nemo} that should be interesting with gas and oil

[09:54] {dino} throw gut out then

[09:54] {ese} indeed

[09:55] {cosmo} jaso needs to hold 5.70 i think

[09:55] {Threei}  JUNE PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 69 V 69.5E

[09:55] {nemo} 69...gotta' turn around

[09:55] {ese} dn it is

[09:56] {vinod} is it better than expected?

[09:56] {nemo} slightly worse

[09:57] {Threei}  HIG...

[09:57] {Threei}  not ready yet but watching

[09:57] {dino} rmbs stopped -.38

[09:58] {dino} payx bstop to .40

[10:00] {dino} qcom stopped -.33

[10:02] {ese} is acas a bank

[10:03] {dino} cov payx .20, +.31

[10:04] {Threei} Long Setup:  CPST  first strength if stays above .15

[10:07] {Threei}  GNBT Awarded Five New Patents for Its Proprietary Drug Delivery Systems

[10:07] {Threei}  - The patents provide additional protection for Generex''s proprietary compositions and me... (14.00, -0.07, -0.50%) more...

[10:08] {dino} acas, not bank, business iincubator type co.

[10:08] {Threei} Long Setup:  SVNT  on pullback from here, try to get 9.10 ara

[10:08] {Threei}  half lot

[10:09] {dino} intc gap fill from monday

[10:11] {ese} daaaaaa svnt....not coming back

[10:11] {nemo} observant

[10:12] {ese} tks.....pride myself in that

[10:13] {dino} last try, qcom .20 sm l stop .93

[10:14] {vinod} Boss any interest CRXX

[10:15] {Threei}  CombinatoRx Incorporated Presents Full Data on Synavive Phase 2 Knee OA Trial at EULAR 2009

[10:15] {Threei}  - Co announced the presentation of full data on Synavive (CRx-102) Phase 2 knee osteoarthritis (OA) trial (COMET-1) at EULAR 2009, the Annual European Congress of Rheumatology in Copenhagen on June 12, 2009.

[10:15] {Threei}  hmm

[10:16] {Threei}  hard to tell

[10:16] {ese} sqnm

[10:17] {Threei}  yeah, SQNM found new interest

[10:17] {Threei}  probably not CRXX

[10:17] {dino} cnqr

[10:18] {Threei}  here comes decent pullback SVNT

[10:18] {dino} too fast

[10:20] {Threei} Long Setup:  SQNM  .65

[10:20] {nemo} too fast

[10:20] {Threei}  stop under .55 for scalpers, under .50 for day traders

[10:22] {ese} rats....missed it

[10:22] {Threei}  1:1 for scalpers

[10:22] {ese} nice one vad

[10:23] {Threei}  SVNT

[10:23] {Threei}  first strength from here if stays abovwe 9

[10:24] {Threei}  half lot remember

[10:24] {Threei}  in

[10:25] {Threei}  SQNM 1:1 for daytraders

[10:28] {ese} L drys .02

[10:28] {Threei}  SVNT no worky

[10:29] {ese} need q's help for drys

[10:33] {jfjf64} mornin all

[10:33] {nemo} jf

[10:34] {Threei}  jf :)

[10:34] {Threei}  CPST, not good

[10:34] {Threei}  .15 was today's support

[10:39] {dino} qcom stop to .50

[10:41] {Threei} Long Setup:  HIG  .06

[10:41] {Threei}  if stays above 13

[10:42] {ese} market reversal....good good

[10:42] {dino} qcom to .55

[10:43] {Threei}  HIG half out

[10:43] {Threei}  pesky scalpers got what they want

[10:43] {dino} to .65

[10:43] {jfjf64} ty

[10:44] {dino} cnqr sm l .80

[10:45] {jfjf64} l axp .62 tgigger

[10:45] {dino} out qcom .75, +.55

[10:45] {Threei}  HIG 1/4 more out

[10:46] {jfjf64} axp invalid

[10:46] {jfjf64} hig ty

[10:47] {Threei}  welcome

[10:50] {nemo} stop to .15 on hig?

[10:50] {Threei}  hmmm

[10:50] {Threei}  I am tempted to keep it at b/e for the last piece

[10:51] {Threei}  and do next trail only if it makes new high

[10:51] {nemo} the Canadian Grasshopper is back

[10:51] {Threei}  which would be about .30

[10:51] {_grasshopper} Good morning all

[10:51] {Threei}  it has nice potential still,

[10:51] {Threei}  and we protected a whole lot of profit

[10:51] {Threei}  grasshopper :)

[10:51] {_grasshopper} How did you know I was CND?

[10:52] {ese} gas hooper.........

[10:52] {nemo} when you sign on:[10:50] * _grasshopper (Mibbit@jtc-ada2aebd.cable.rogers.com) has joined #discussions

[10:52] {nemo} Rogers is Rogers Cantel=Canadian telecom

[10:52] {_grasshopper} smart Nemo

[10:52] {nemo} broken clock=right twice a day

[10:52] {_grasshopper} ain't that the truth

[10:53] {dino} sm l pnra .00

[10:53] {nemo} When I was in telecom, they were a customer for the billing system on which I worked

[10:53] {ese} you one of us canuks grasshopper?

[10:53] {_grasshopper} I am 

[10:53] {_grasshopper} and proud of it

[10:53] {nemo} maybe a locust

[10:54] {_grasshopper} NO

[10:54] {ese} where abouts....victoira for me

[10:54] {nemo} nothing wrong with locusts

[10:54] {_grasshopper} Ontario

[10:54] {nemo} that narrows it down

[10:54] {ese} ahhhhhhhhhh

[10:54] {_grasshopper} locusts are creepy so are praying mantises

[10:54] {nemo} I think they're cool.  Found a couple of huge mantises last year

[10:55] {ese} my relatives live in Kenora on Lake of the Woods

[10:55] {_grasshopper} I almost picked one up once as a kid thinking it was a stick and it spooked me

[10:55] {nemo} They do that to a lot of people

[11:00] {vinod} HIG again?

[11:00] {nemo} following the market

[11:02] {vinod} yes

06[11:03] * nemo slaps _grasshopper around a bit with a large ugly, vicous, praying mantis

[11:03] {Threei}  grasshopper look private message please

[11:06] {_grasshopper} where?

[11:07] {Threei}  see where channel names are,

[11:07] {nemo} you in mibbit or mirc?

[11:07] {_grasshopper} yes

[11:07] {Threei}  #floor and #discussions

[11:07] {Threei}  next to them youy should see one with my nick on it

[11:07] {Threei}  click on it and type there

[11:08] {_grasshopper} I'm on mibbit

[11:09] {Threei}  White House Advisor Summers: Regulatory reform will use common sense, Govt intervention should only be temporary within markets

[11:09] {nemo} like, one decade per century

[11:09] {Threei}  hmmm... building contructors in USSR had this saying: there is nothing more permanent that temporary constructions

[11:10] {nemo} yeah, cost + contracts

[11:12] {dino} ctrp

[11:12] {jfjf64} .72 trigger l ms

[11:12] {Threei}  1:2 SQNM

[11:12] {Threei}  me out

[11:13] {Threei}  last piece of HIG still doesn't know what it wants from lifwe

[11:13] {Threei}  life

[11:13] {nemo} wants from wife

[11:14] {nemo} Joke:  What does a dislexic agnostic do?

[11:14] {Threei}  maybe should have done 1/4 thing with SQNM rtoo

[11:14] {ese} hmmmmmmmm........what?

[11:17] {ese} have a feeling that sqnm is going to cover a good part of that gap from 14....big void

[11:20] {Threei}  HIG gave up saying "I don't want anything from life anymore"

[11:21] {jfjf64} common  markett bounce

[11:21] {nemo} stocks are talking to you now?

[11:21] {nemo} Oh, answer:  Wonders whether there is a Dog

[11:21] {ese} always have......thats why he's the cult leader

[11:22] {nemo} pass the punch...er....vodka

[11:22] {ese} all cult leaders have things that talk to them

[11:22] {nemo} and I thought it was the mushrooms

[11:22] {Threei}  SVNT Hearing Oppenheimer making cautious commnents (timing uncertain) (13.36, -0.10, -0.74%)

[11:32] {jfjf64} vad  question   im in  ms .72  with 10cent  stop    with way  its  tradin  my  opinion  is change  it  to 5cent stop at  this  point    wd  ya  agree

[11:33] {nemo} in @ .72 jf?

[11:33] {Threei}  both are valid jf

[11:33] {jfjf64} y  for  last 12 min

[11:34] {Threei}  matter of your objectives and risk tolerance

[11:34] {Threei}  SQNM

[11:34] {Threei}  this is getting serious

[11:34] {jfjf64} ty

[11:34] {Threei}  let's try long on pullback to 5

[11:34] {Threei}  5.10 break is an option too, just more risky

[11:35] {ese} serious is right

[11:35] {nemo} eat sqnm's dust

[11:37] {jfjf64} in .10

[11:40] {Threei}  ALTI new run at highs, stop for the balance to 1.02

06[11:40] * Threei kicks SQNM in the rear with heavy duty army boots

[11:40] {nemo} whoa...pulled out the boots

[11:41] {Threei}  just no shakeout please

[11:43] {dino} apol sm l .50

[11:43] {Threei}  ugh

[11:44] {Threei}  (US) House bill to grant FDA the power to regulate tobacco gains sufficient votes to pass (related RAI )

[11:49] {jfjf64} big shakout

[11:50] {ese} still long drys .02.....du du du du du.......dum dum dum dum dum......use them boots on everything vad

[11:50] {nemo} do do do da da da is all I want to say to you...

[11:52] {Threei}  market is in coma

[11:53] {nemo} PPT @ 3

[11:53] {dino} da da da uhuh uhuh

[11:55] {Threei}  wow

[11:55] {Threei}  http://rawstory.com/08/news/2009/06/11/us-house-to-debate-ron-pauls-audit-the-fed-bill/

[11:55] {Threei}  can it really move forward?

[11:57] {Threei}  Prez on TV in case you missed him

[11:57] {nemo} not in any useable form

[11:58] {nemo} Power doesn't give up power

[12:04] {pita} gotta go, good wknd all, cu Monday

[12:05] {Threei}  take care pita, have a good one

[12:06] {jfjf64} vad  ya  lk  break sqnm .95

[12:06] {nemo} breakouts during lunchtime?

[12:07] {jfjf64} thanks  nemo

[12:07] {nemo} just a caution with the market in a coma, you've got that resistance just below 5

[12:08] {dino} apol stopped -.27

06[12:09] * nemo slaps vinod around a bit with a large Legal Seafoods Broiled Salmon

[12:10] {dino} shld sm l .00

[12:10] {ese} stillllllllllll long drys .02.......my goodness.....this is redefining slugish market

[12:11] {jfjf64} think we sd all go  to happy  hour

[12:11] {nemo} started with lunch

[12:12] {patience} not my type of market....no trade is a good trade for me right now

[12:13] {ese} beginning to think that patience

[12:13] {patience} did one trade this week, lost $150.   first loss in months....oh well....have to live the odds

[12:13] {Threei}  what did wake up PALM?

[12:16] {Threei}  FITB is back to highs

[12:16] {ese} same with bac

[12:17] {ese} .69 was high for bac.........now at .81

[12:17] {dino} same here last two days

[12:17] {ese} you were high the last 2 days dino?

[12:17] {nemo} ese!

[12:17] {nemo} musicians

[12:17] {ese} ahhhhhh  just askin

[12:18] {dino} lol, no market wierd last two days, trades not working as well

06[12:18] * nemo slaps ese around a bit with a large copy of Alla Fortuna

[12:18] {ese} needed that

[12:19] {nemo} first time I heard that was in that late 70's movie "Excalibur"  had to get it...

[12:19] {ese} i remember that........that was a good movie

[12:22] {nemo} jf, be interesting if SQNM holds new support here

[12:22] {jfjf64} im out too lunch

[12:23] {jfjf64} lol

[12:23] {nemo} so....what's new?

[12:23] {Threei}  PALM...

[12:28] {Threei}  unstoppable thing

[12:32] {nemo} sqnm setting up H&S?

[12:32] {Threei}  hmm?

[12:32] {Threei}  don't see anything like that

[12:32] {Threei}  FITB however...

[12:32] {ese} H&S ?

[12:33] {Threei}  oh sorry

[12:33] {Threei}  yes nemo, read mistakenly and C&H

[12:33] {Threei}  H&S it is

[12:33] {nemo} damn...was hoping I was still psychotic

[12:33] {Threei}  FITB forms very tight consolidation at the high

[12:34] {ese} palm is a bit of a wow.......thats pretty much the most it's moved in years

[12:34] {Threei}  sorry for ruining it for you nemo... now you'll have to live in reality, because of me :(

[12:34] {nemo} crosses to bear

[12:35] {Threei}  fairly reflects its position in industry ese... its former forte, pocket computers, pretty much died on them

[12:35] {Threei}  entry in new market got interest again

[12:35] {nemo} there goes fitb

[12:35] {Threei}  yeah

[12:35] {ese} whats the new market.....i don't think i know

[12:35] {Threei}  smart phones

[12:36] {nemo} mobile computing

[12:36] {ese} ahh......iphone type thing

[12:41] {Threei}  solid pullback PALM

[12:43] {ese} Ok all have to beg your leave.......am heading to dp's neck of the woods tomorrow....the Vic High band has a show at the Sheraton Wall Center in Vancouver for the BCMA(British Columbia Medical Assoc).....it's looking like the Premier of the province is going to be there

[12:43] {Threei}  have fun ese

[12:43] {Threei}  say hello to Premier

[12:43] {Threei}  and to dp

[12:43] {ese} tks vad......take care everyone have a great weekend

[12:43] {ese} will do

[12:44] {dino} pru sm l .00

[12:44] {dino} cya es

[12:45] {Threei}  .21 PALM for scalp if stays above .15

[12:47] {nemo} too fast

[12:47] {Threei}  come on

[12:47] {Threei}  1:1

[12:47] {nemo} broke through .21 fast, I'm terrible at the fast ones

[12:48] {Threei}  why broke?

[12:48] {Threei}  .21 itself was trigger

[12:48] {nemo} yeah, went fast

[13:01] {fernp} have a good weekend everybody. see u on monday

[13:01] {Threei}  take care fern, have a great one

[13:12] {dino} cbt

[13:15] {jfjf64} s cof .73 trigger

[13:16] {dino} cbt sm l .73

[13:16] {jfjf64} in

[13:18] {jfjf64} ouch

[13:18] {jfjf64} not wkin today

[13:18] {nemo} bounce from long drop

[13:19] {nemo} you were hot yesterday

[13:19] {jfjf64} correct  play s .89

[13:22] {jfjf64} thats awrap  for  me  my  friends    great  week  ty  see ya monday         thanks  vad

[13:23] {dino} cya jf

[13:23] {Threei}  good to hear jf

[13:23] {Threei}  congratulations, have a good weekends

[13:23] {Threei}  -s

[13:25] {jfjf64} takin  my  son  mets  yankee gm   suday   lookin  forward

[13:30] {dino} cool

[13:30] {nemo} BoSox B..slapped the Yanks this week :)

[13:31] {nemo} svnt looks like a flat ekg on the 5 minute

[13:31] {Threei}  lol

[13:49] {Threei}  came alive eh?

[13:50] {nemo} what? 

[13:50] {nemo} oh yeah

[13:53] {dino} ipcs drop

[13:55] {dino} shld stop to .30

[13:55] {dino} pnra to flat

[13:55] {nemo} what about pru?

[13:55] {dino} pru to flat

[13:55] {nemo} hehehe

[13:55] {dino} out shld +.30

[13:56] {vinod} a lazy Friday 

[13:56] {nemo} Summer Friday

[13:57] {vinod} I took3 hours off and it is same

[13:57] {dino} ipcs brutal

[13:57] {Threei}  was quite tempted by that SVNT consolidation but decided Fri afternoon is not a good time for this kinf od trade

[13:58] {Threei}  oh well

[13:59] {vinod} there is always next week and market is going no where from us

[14:00] {vinod} i consider a winner because i am not losing this week

[14:01] {dino} gj vin

[14:03] {vinod} you guys still holding CPST I added 2k today at 1.15 plus yesterday's 1k at 1.23

[14:03] {dino} stopped pnra .05, +.05

[14:04] {Threei}  not here vinod

[14:04] {vinod} o.k thanks

[14:04] {vinod} I will dump them now

[14:05] {dino} out pru .10, +.10

[14:05] {Threei}  watching PALM for possible C&H

[14:05] {Threei}  .50 being rim

[14:05] {dino} gambling thoughts on ipcs?

[14:06] {nemo} watch for volume spike

[14:06] {nemo} friday scalp day

[14:06] {nemo} Summer

[14:06] {nemo} oops...there I go, thinking again

[14:08] {Threei}  feels like one more shrp dive at least

[14:08] {nemo} no solid support until .65

[14:08] {Threei}  Treasury Dept official: announcements of managers for the $500B PPIP will be made "very shortly"

[14:09] {nemo} Plunge Protection Insurance Panel?

[14:09] {Threei}  handle start forming, PALM

[14:10] {nemo} ipcs looks liked it bounced off support a couple of minutes ago

[14:11] {dino} public/private invest partnership

[14:12] {dptl} have a good weekend all

[14:12] {Threei}  take care dp

[14:13] {dino} cya dp

[14:20] {Threei}  PALM 1:1

[14:24] {vinod} out .61 Palm

[14:24] {Threei}  lunch money

[14:25] {Threei}  in more ways than one, lol

[14:25] {vinod} yes ty-vad

[14:25] {Threei}  sure

[14:25] {Threei}  clean case of "beauty of scalping"

[14:26] {nemo} you pesky scalper

[14:26] {Threei}  grabbed something that showed setup, got out when it stopped moving in your favor

[14:26] {Threei}  foergot all about it

[14:26] {vinod} also out all CPST 1.23

[14:26] {Threei}  and became a few bucks richer in the process

[14:33] {vinod} nemo-your gut feeling about PPT today?

[14:34] {nemo} no interference today

[14:36] {Threei}  why?

[14:36] {nemo} IPCS is pulling a CNQR Dino

[14:36] {nemo} voices in my head

[14:37] {nemo} they're telling me to go clean my guns

[14:37] {dino} stuck, yes

[14:37] {dino} rbcn

[14:37] {dino} thin

[14:40] {dino} pru l .25

[14:45] {Threei}  (IA) Iranian Election results reportedly show 65% of vote goes to Mousavi - Mousavi aide

[14:45] {Threei}  - Mousavi is seen as more open to the West than the more hard-line Amedinajad (related USO OIH USD/KRW TLT SHY EUR/USD USD/CHF USD/JPY )

[14:46] {Threei}  this is probably what propped the market

[14:47] {nemo} see the story on HIG issueing stock?

[14:49] {Threei}  6:45 am

[14:49] {Threei}  Friday, June 12, 2009 6:45:13 AM

[14:49] {Threei}  The Hartford Financial Services Group Inc Plans to offer $750M in common shares (about 16.4% of market cap)

[14:49] {Threei}  - Co has commenced a discretionary equity issuance plan pursuant to which it will offer shares of its common stock from time to time for aggregate sales proceeds of up to $750M

[14:49] {Threei}  - In addition, the company announced today that it would participate in the U.S. Treasurys Capital Purchase Program (CPP), subject to completion of documentation with the U.S. Treasury.

[14:49] {Threei}  - The Hartford received notice of preliminary approval to participate in CPP on May 14, in the amount of approximately $3.4B.

[14:49] {Threei}  and 13 seconds...

[14:50] {nemo} 6:45 your time or my time

[14:50] {Threei}  ESTY

[14:50] {Threei}  EST

[14:50] {nemo} EDT

[14:50] {Threei}  all times I post are always NY

[14:50] {Threei}  in fact, my trading computer is set to NY time

[14:59] {Threei}  (IA) CNBC: Ahmadinejad also claiming victory in Iranian election (related USO OIH )

[14:59] {Threei}  lol

[15:01] {nemo} Vad look at TNDM and the volume numbers around that spike please

[15:02] {Threei}  14:42 spike you mean?

[15:02] {nemo} yessur

[15:02] {Threei}  okay

[15:02] {Threei}  what am I looking at?

[15:02] {nemo} I'm trying to understand that move

[15:03] {Threei}  break of resistance after long consolidation, spike...

[15:03] {Threei}  what to understand? :)

[15:03] {nemo} The volume numbers around that spike, barely moves on 14k volume minute before, goes up on 4k volume .20 cents

[15:03] {Threei}  aahhhhh

[15:03] {Threei}  I see what you mean,

[15:03] {nemo} not as dumb as I look

[15:04] {Threei}  volume spike preceeds price spike by bar or two, right?

[15:04] {nemo} 1 bar and the .20 cent jump on 1/4th the volume

[15:04] {Threei}  lord, give me power to refrain from "nah, still dumb"... I don't want to be rude but he just walked into that one

[15:04] {nemo} I'm using LASER

[15:04] {nemo} Not "as dumb"

[15:05] {Threei}  OK, this is good observation,

[15:05] {Threei}  and here is exp[lanation:

06[15:05] * nemo ducking

[15:05] {Threei}  there was huge resistance,

[15:05] {Threei}  a lot of shares offered

[15:05] {Threei}  and all that long consolidation was slow churning of those shares,

[15:05] {Threei}  digesting so top speak.

[15:05] {Threei}  What happened next was

[15:06] {Threei}  strong buying pressure concentrated in a single moment (bar on your 1 min chart) took out all those shares

[15:06] {Threei}  breaking resistance

[15:06] {Threei}  and as sell order got lifted

[15:06] {Threei}  stock moved up.

[15:07] {nemo} dam broke

[15:07] {Threei}  right

[15:07] {Threei}  There was no however as much buyng enthusiasm after the reak,

[15:07] {Threei}  just enough for short-lived spike

[15:07] {Threei}  so volume returned to normal,

[15:07] {Threei}  but absence of sellers allowed for easy price movement

[15:07] {nemo} can see the tails on the preceding candles all were at the same height, once that candle closed above those tails..boom

[15:07] {Threei}  so what you get in such cases is

[15:08] {Threei}  volume spike preceeding price movement

[15:08] {Threei}  which signifies taking out huige sale order

[15:08] {Threei}  then price spike as there is no additional selling pressure

[15:08] {nemo} which is a play you look for

[15:08] {Threei}  and both, price and volume p[retty much return to bormal pattern

[15:09] {Threei}  sure, that's the idea of all breakout plays

[15:09] {Threei}  look at that SVNT break

[15:09] {Threei}  look at that PALM break that we played

[15:10] {Threei}  you will see pretty much the same thing, with insignifcant variations

[15:11] {dino} esi sm l .00

[15:14] {magoo} vad...mkts rot or rip?

[15:14] {nemo} alright, maybe I am as dumb as I look

[15:15] {Threei}  neither mags

[15:15] {nemo} yeah, FLAT FRIDAY

[15:15] {Threei}  ummm... bow did you arrive to that concluision nemo?

[15:15] {nemo} I arrived earlier...voices in my head

[15:15] {nemo} remember

[15:15] {Threei}  ah

[15:17] {_grasshopper} you guys are funny 

[15:18] {_grasshopper} looking.........................................:)

[15:18] {_grasshopper} joking of course

[15:18] {nemo} mmmmmhhhhh....polite and with manners....definite newbie

[15:18] {dino} lol

[15:19] {_grasshopper} not for long

[15:19] {Threei}  grasshopper... anyone who thinks highly of our sense of humor should be very alarmed

[15:19] {nemo} seek help

[15:19] {dino} sorry about the voices nemo, i'll turn radio down

[15:19] {_grasshopper} I will go right now fellas

[15:20] {nemo} interesting, use of two male references...mmmhhhh

[15:20] {nemo} nice on esi dino

[15:21] {nemo} taargeting resistance just under .50?

[15:21] {nemo} one "a" sorry

[15:22] {dino} want it to go thru, but....will not let it slip away

[15:22] {nemo} yeah, last call

[15:27] {dino} .40 wall

[15:28] {nemo} discretion is the better part of valor

[15:28] {nemo} unless you're betting on the PPT

[15:31] {dino} out esi .40, +.40

[15:31] {dino} discipline trumps conviction i prefer

[15:32] {Threei}  {PPT} I am myth

[15:33] {dino} not in the bond markets for sure

[15:33] {Threei}  that's political domain

[15:34] {nemo} caught that spike Dino

[15:34] {dino} yes was laying out

[15:35] {nemo} trading gods were watching over you on that one

[15:36] {dino} certain stocks i lay out on as personalities dictate

[15:44] {dino} cbt stopped .75, +.02

[15:44] {nemo} gonna' give me any hints grasshopper?

[15:45] {vinod} have a nice weekend to all

[15:45] {nemo} by Vinod

[15:45] {nemo} bye

[15:46] {Threei}  take care vinod

[15:47] {_grasshopper} nope 

[15:47] {_grasshopper} keep you in suspense Nemo 

[15:47] {_grasshopper} :)

[15:48] {Threei}  you are killing him grasshopper

[15:48] {Threei}  I applaud

[15:48] {_grasshopper} thanks Vad

[15:49] {Threei}  trying to decide, dump the balance ALTI or carry over weekend

[15:50] {_grasshopper} but wars can start on weekend can't they???

[15:50] {_grasshopper} isn't that why traders don't?

[15:50] {Threei}  easy

[15:50] {_grasshopper} a friend of mine who is a broker told me that one

[15:50] {Threei}  yeah, I guess one overnight was enough for ALTI

[15:50] {Threei}  worked nicely

[15:54] {Threei}  mags... looks like I was correct

[15:56] {dino} out cnqr .-01

[15:57] {Threei}  okay guys

[15:57] {Threei}  thank you all

[15:57] {Threei}  have a great weekend

[15:57] {Threei}  see you on Monday

[15:57] {nemo} hehehehehe

[15:57] {dino} cya

[15:59] {dino} out pru .16 -.09

[16:02] {dino} thx all, good times

[16:02] {nemo} Ahmadinejad lost

[16:02] {nemo} little better day today Dino