Jun 19 2009

Very nice with quite a few winning trades, notably RIMM in both directions. Good way to finish a profitable but somewhat boring week.

Session Time: Fri Jun 19 00:00:00 2009

[07:38] {_levelseven} 3i, u here?

[07:55] {_levelseven} SWHC gapped last night

[07:56] {nemo} No surprise, they're running 3 shifts

[07:59] {_levelseven} Rimm traded down to around 72 area last night, now almost fully recovered

[08:00] {nemo} I believe it's expiration strike is 75

[08:00] {_levelseven} almost green

[08:20] {nemo} l7 if you can, do Fib retracements on Rimm from their Aug 2008 high to the low in March, and then from March to the recent highs...interesting overlaps

[08:21] {_levelseven} insm gap

[08:22] {_levelseven} anyone hold tstr overnight?

[08:35] {Threei} no but held INSM

[08:35] {Threei} goiod morning

[08:39] {Threei} KS, you here?

[08:41] {Threei} nice gap TS... you held it l7?TR

[08:41] {Threei} TSTR that was

[08:42] {_levelseven} i held it but hasnt gapped yet, except for some tiny prints

[08:42] {Threei} I see, I thought there were bids earlier

[08:43] {_levelseven} swhc up but not much vol

[08:43] {Threei} my 4K of INSM worked nicely

[08:44] {_levelseven} i held insm but dumped at close

[08:44] {Threei} 08:27 AM [VVUS] Price target raised to $8 from $6 at Lazard Capital; Reiterated at Buy

[08:45] {Threei} wow RIMM

[08:45] {Threei} what a roundtrip

[08:45] {Threei} lol

[08:45] {_levelseven} yea, we woulda made big $$ last night

[08:47] {Threei} well, the downside is, we would have to spend it all on diapers

[08:48] {_levelseven} yea, other than scalpin those type stocks..too much stress

[08:49] {jfjf64} mornin

[08:49] {Threei} jf :)

[08:49] {Threei} magoo does this kind often

[08:49] {Threei} I do when I feel really adrenalin-deprived

[08:49] {_levelseven} ha

[08:50] {Threei} remember GOOG once... 15 points in a few second

[08:50] {_levelseven} i havent traded in several yrs..so...

[08:51] {_levelseven} good did me well back then...always got paid on earning day buying calls

[08:51] {_levelseven} good

[08:51] {_levelseven} goog

[08:59] {_levelseven} swhc chomping

[08:59] {magoo} morning

[08:59] {Threei} mags :)

[09:00] {magoo} hi vad..is there aapl news?

[09:00] {Threei} Smith & Wesson Holding Corp Guides Q4 R $99.5M v $91Me, To acquire Universal Safety Response, Inc.; Sees deal as accretive to FY2010

[09:00] {Threei} - Co entered into a definitive agreement to acquire Universal Safety Response, Inc. (USR), a privately held, full-service security systems solutions provider, for up to 9.7M shares of common stock and up to $26.2M in cash.

[09:01] {Threei} T Reportedly states that iPhone 3G S has exceeded expectations; Have sold hundreds of thousands via pre-orders (24.13, 0.00, 0.00%) (related AAPL )

[09:07] {Threei} INSM nice bidder

[09:10] {_levelseven} tstr waking up

[09:12] {Threei} yup, you've got nice bids now

[09:12] {Threei} you have a lot?

[09:12] {_levelseven} made 2 buys, still holding all

[09:13] {Threei} if enough shares, I'd give them half

[09:14] {fernp} good morning

[09:14] {Threei} fern :)

[09:15] {ese} top of the morning to you all

[09:15] {Threei} ese :)

[09:16] {cosmo} so its all downhill from here?

[09:16] {ese} whats looking good

[09:16] {Threei} lol cosmo

[09:16] {jfjf64} tiger tiger

[09:18] {Threei} is it Alfred Bester reference?

[09:20] {dino} gm all

[09:20] {magoo} howwas rimm report vad??

[09:20] {Threei} dino :)

[09:20] {Threei} [16:06] {Alert} Threei RIMM Reports Q1 $1.12 v $0.94e, R$3.42B v $3.43Be

[09:20] {Threei} [16:06] {Alert} Threei - Guides Q2 $0.94-$1.03 v $0.97e, R$3.45B-$3.7B v $3.61Be

[09:21] {vinod} GM to all

[09:21] {magoo} v :)

[09:22] {Threei} vinod :)

[09:27] {_levelseven} swhc found a big seller since hitting 6

[09:28] {dptl} good morning all

[09:29] {Threei} dp :)

[09:29] {nemo} gonna' be a big gap up day

[09:30] {magoo} wfc big drop

[09:31] {magoo} HIG may be a player today

[09:32] {nemo} rimm dump

[09:32] {Threei} guess who is coming on TV

[09:32] {magoo} unbelievable

[09:32] {nemo} the Obamation

[09:32] {nemo} where's Dino?

[09:33] {magoo} dunno

[09:33] {Threei} Long Setup: HIG .40 break

[09:33] {Threei} if stays above .30

[09:35] {ese} l qqqq .15

[09:36] {ese} out qqqq .22

[09:36] {ese} sorry all couldn't post fast enough

[09:36] {ese} +.07

[09:38] {dino} .

06[09:38] * nemo slaps dino around a bit with a large alarm clock

[09:39] {dino} :)

[09:39] {ese} l qqqq .20

[09:39] {magoo} RIMM rockin

[09:40] {magoo} WFC vad

[09:41] {Threei} one more leg down most likely

[09:41] {Threei} HIG lost support

[09:41] {nemo} no worky hig

[09:42] {magoo} l wfc .65

[09:42] {ese} out qqqq ..25

[09:42] {ese} +.05

[09:45] {ese} went for the q's again .20 but missed it

[09:45] {magoo} out wfc -.20

[09:46] {Threei} here comes next WFC dump for bounce

[09:46] {Threei} .50 crossback if holding .40

[09:48] {ese} l q's .25

[09:48] {Threei} 1:1 WFC

[09:49] {Threei} GOOG China orders Google to halt foreign searches - FT (416.07, 2.01, 0.49%)

[09:49] {Threei} nice

[09:50] {ese} out 'qs .22

[09:50] {nemo} becomes GOOG China-only

[09:50] {ese} -.03

[09:51] {_levelseven} exel

[09:51] {Threei} no news

[09:52] {magoo} any read RIMM here vad?

[09:53] {Threei} not yet mags... it needs to calm down a little more

[09:53] {magoo} ok

[09:53] {Threei} who partialled WFC, stop to under .50 for the balance

[09:54] {vinod} very heavy volume fo far

[09:54] {_levelseven} tstr trying

[09:54] {nemo} what are volume tendencies on quad witching hours?

[09:54] {vinod} I am still holding HIG

[09:55] {nemo} ays

[09:55] {nemo} days

[09:55] {Threei} see RIMM mags?

[09:55] {_levelseven} tstr nhod

[09:55] {vinod} double than average?

[09:55] {magoo} oh yea

[09:56] {magoo} looking at it constant

[09:56] {nemo} vinod didn't like your HIG stop vad :)

[09:57] {_levelseven} out 75% tstr

[09:57] {ese} l q's .27

[09:57] {Threei} wtg l7

[09:57] {vinod} hig in at .36 stop at .26

[10:01] {Threei} (RU) Russian President Medvedev: Pledges not to take unilateral action on emissions (related RSX )

[10:03] {_levelseven} out remainder tstr

[10:03] {nemo} I think the west is gonna' have a hard time getting Russia India and China on board with global warming...er...climate change intiatives

[10:03] {dino} staying away from beans i guess

[10:04] {_levelseven} sva

[10:04] {Threei} SVA Receives China''s First Influenza A (H1N1) Vaccine Order

[10:04] {Threei} - This order will be administered to 2 million people in the high risk group.

[10:04] {Threei} - Additional or... (3.90, 0.28, 7.73%) more...

[10:04] {nemo} don't quit your day job dino

[10:05] {Threei} - Additional orders are expected beginning in October and, in total, Sinovac expects to supply approximately 10 million doses to the Beijing government.

[10:05] {Threei} - The 10 million doses will be administered to 5 million people in Beijing.

[10:06] {dino} do we fill the open gaps today, that is the question

[10:06] {nemo} tis nobler

[10:06] {nemo} Alas poor Yorick

[10:07] {nemo} Ah, shit...too much caffeine

[10:07] {Threei} FITB

[10:08] {Threei} worth a try here for double bottom, if holding above .20

[10:08] {Threei} firts strength

[10:09] {dino} feels like gap fill coming

[10:09] {dino} ed's getting whacked

[10:12] {Threei} US) Dept of Labor: US payrolls declined in 39 states in May, 2009

[10:12] {Threei} - Reminder: US May unemployment rate came in at 9.4%

[10:16] {ese} l qqqq .19 avg price .24

[10:19] {_levelseven} sva bst

[10:19] {Threei} SVA becomes serious

[10:19] {dino} shld up to something

[10:19] {nemo} when earnings?

[10:20] {dino} dk

[10:21] {Threei} anyone's in FITB?

[10:21] {nemo} no

[10:21] {fernp} not here

[10:21] {vinod} no

[10:22] {wulff} dude...

[10:23] {wulff} AAPL doing well vs. RIMM

[10:23] {jfjf64} is worth try .30 vad

[10:24] {Threei} ?

[10:24] {magoo} i like rimm long

[10:24] {nemo} market probably sees zero-sum relationship in this environment

[10:24] {nemo} you always like rimm

[10:24] {magoo} :)

[10:24] {jfjf64} fitb

[10:24] {jfjf64} break .30

[10:24] {dino} sm l jpm .99

[10:25] {jfjf64} didnt tk earlier

[10:25] {Threei} hmmm

[10:25] {vinod} where one can lose most APPL or RIMM ?

[10:25] {Threei} I liked aggressive entry jf

[10:26] {Threei} .30 - could be, but only if holding above .25, IMO

[10:26] {jfjf64} ty

[10:30] {Threei} (RU) Russian Pres Medvedev: BRIC forum allows for coordinated polciy

[10:30] {Threei} - Group must help in the formation of new rules for global economy

[10:30] {_levelseven} sva trying to be big player

[10:32] {Threei} 4.60 break is valid trigger

[10:32] {Threei} just way too risky

[10:32] {Threei} mostly because it's a frikin AMEX stock

[10:33] {wulff} think rimm will bounce today?

[10:34] {Threei} it's not ready yet, IMO

[10:35] {jfjf64} ?

[10:35] {Threei} ?

[10:35] {wulff} ?

[10:36] {cosmo} rimm needs tire to bounce good

[10:37] {cosmo} ?

[10:40] {ese} had a pplan to trade the qqqq's today......wouldn't ya bloody know it...I pick a day when the thing is basically range bound

[10:41] {ese} it's all over the map all week.....and it says to itself hey.....ese is going to trade us today lets bugger up his plans!

[10:41] {dino} ioc

[10:42] {dino} es, you're hearing voices and i dream trades

[10:42] {ese} seems that way....

[10:43] {tomg} vad, i have 200 avii @1.69 from couple weeks ago. any read on it?

[10:43] {tomg} news?

[10:44] {nemo} maybe ese's having flashbacks?

[10:44] {Threei} no news since June 4

[10:44] {dino} he's more like flashdance

[10:44] {Threei} no clear idea why it moves

[10:45] {tomg} swine flu sympathy, i think

[10:45] {nemo} Jennifer Beal looked great in that movie, now she plays a lesbian

[10:45] {Threei} if this is it, then future fully depends on how things develop in that area

[10:46] {tomg} ok, ty

[10:46] {tomg} bbl

[10:46] {Threei} RIMM

[10:46] {Threei} this starts look like it's time

[10:47] {Threei} .20 break long

[10:47] {Threei} keep shares reasonable

[10:47] {magoo} must confess took 75.04 just now

[10:47] {Threei} don't put your whole family savings and future inheritance into this

[10:47] {Threei} use magoo's instead

[10:48] {magoo} u startin already?

[10:48] {Threei} lol

[10:48] {ese} out qqqq's .29

[10:48] {ese} +.05

[10:49] {dino} gj

[10:49] {ese} ok this can be done =.07 5K,+.05 5K, -.03 5k, and +.05 10k

[10:50] {ese} +.07 first one

[10:53] {magoo} rimm should get near 76 today..but man, it may rinse us out ouver-n-over

[10:53] {_levelseven} sva dive

[10:54] {nemo} look at hig

[10:55] {vinod} it took my 10 cent --HIG

[10:56] {ese} Vad....any suggestions for reading the qqqq index.......i thought that i would do this in reverse......look for strength in big volume tech issues ie intc csco etcetc for strength or weakness readings in qqqq's

[10:56] {nemo} volumes are up there

[10:56] {Threei} well... I prefer top down approach, not the bottom up

[10:57] {_levelseven} svabeat down, could be bounce under 4

[10:57] {ese} so reading an index is what you see is what you get?

[10:58] {Threei} it's a bit more complocated than that

[10:58] {Threei} the problem here is,

[10:58] {Threei} there is no a leader that would established oncwe and for all and showed the way to index

[10:58] {Threei} it can be INTC today

[10:58] {Threei} MSFT tomorrow

[10:58] {Threei} etc

[10:58] {ese} got ya

[11:00] {dino} coin toss es

[11:00] {dino} imo

[11:00] {ese} for sure.....just lookin for an edge

[11:00] {dino} i never found it

[11:01] {dino} w/the size of your trades, prehaps as simply as .25, .50, /75, .00 breaks either way

[11:01] {ese} intc wasn't it today for sure...it was more csco

[11:01] {ese} thats a good idea dino......gonna study that

[11:03] {dino} they seem to natrural continuation points for most stocks

[11:03] {ese} wanted to try the q's seriously because it can handle the 3k 5k lots much easier that even intc some days

[11:03] {dino} my only thought on you es, is you are crushing it lately, why change what is working?

[11:04] {Threei} FITB 1:1 for that late entry

[11:04] {Threei} 1:2 for the one I recomended

[11:04] {jfjf64} ty

[11:05] {nemo} RIMM maybe starting to look like a short

[11:05] {ese} tks.......still looking for consistency though like you and vad......it's kinda like day or 2 good.... 2 or 3 floundering.....system seems to be hit or miss

[11:06] {dino} gl

[11:06] {_levelseven} slim pickins today

[11:07] {Threei} quadriple wicthing

[11:07] {nemo} is he on?

[11:07] {_levelseven} dumps SVA in girlieman bounce

[11:07] {dino} lol

[11:08] {nemo} bye Rimm

[11:08] {magoo} yea out

[11:08] {magoo} strugglin today

[11:10] {Threei} never triggered by my setup

[11:10] {magoo} yup..i had a dime though

[11:10] {magoo} saw .24

[11:11] {magoo} but i want a rip

[11:11] {Threei} RIMM Hearing Societe Generale making cautious comments (timing uncertain) (74.70, -1.85, -2.42%)

[11:12] {magoo} Societe Generale

[11:12] {magoo} who??

[11:12] {dino} lol, 4 others upgraded rimm this a.m.

[11:14] {dino} ioc sm l .35

[11:18] {nemo} scraped the bottom with that one Dino

[11:18] {nemo} the evil grasshopper is back

[11:19] {ese} nasdaqi???? funny handle i like it

[11:19] {dino} got lucky waited awhile

[11:23] {_grasshopper} why is the "evil" grasshopper deemed evil?

[11:24] {nemo} voices in my head

[11:24] {Threei} I bet that's nemo's way to cause questions and strike conversation {G}

[11:24] {_grasshopper} I bet you're right Vad :) he is curious

[11:24] {_grasshopper} should I give him a hint?

[11:24] {nemo} No...obnoxious gene

[11:24] {Threei} only if you think you tortuted him enough

[11:25] {_grasshopper} he might like it if I did

[11:25] {Threei} we don't want that

[11:25] {_grasshopper} want a hint Nemo?

[11:26] {dino} gamblers moving, wynn, penn, lvs

[11:27] {nemo} if you want...

[11:28] {_grasshopper} I sat beside you for one of the sessions @ CTAB and you told me about this website

[11:29] {nemo} great....I have to look at my license in the morning to remember my name if I haven't had my coffee, and I'm supposed to remember that...o.k., I'll work on it

[11:29] {dino} stalker nemo, lol

[11:29] {_grasshopper} female, not male Nemo does that jog your memory

[11:32] {nemo} Yep...you were the only woman I sat next too for any of the sessions...

[11:32] {magoo} how did u know nemo was his call sign??

[11:33] {nemo} well, that's not quite true, there were the two women together on the first day

[11:33] {nemo} but I didn't talk to them

[11:33] {nemo} don't tell mags

[11:33] {dino} vad, see that online dating site idea is working

[11:33] {nemo} hardly...tough to date by airplane

[11:34] {Threei} Traders Unite?

[11:34] {wulff} look below the RIMM

[11:34] {nemo} mags...nemo is a cross-platform handle I use

[11:34] {Threei} FITB, if you are still 9in jf, time to dump, IMO

[11:35] {_levelseven} sva bounced nice after i gave up on it

[11:35] {magoo} so u even nemo on truckers CB?

[11:35] {nemo} [11:05] {nemo} RIMM maybe starting to look like a short

[11:35] {nemo} grasshopper, how's POT treating you?

[11:36] {magoo} what..ui two smoke together at conference??

[11:36] {Threei} rofl

[11:36] {nemo} no CB mags, I use digital frequency dispersion technology

[11:36] {_grasshopper} Well it was working until it didn't I expect a bounce after Monday

[11:37] {nemo} "it all works until it doesn't"

[11:37] {_grasshopper} true

[11:37] {nemo} I'm quoting someone familiar :)

[11:37] {_grasshopper} I know

[11:38] {nemo} I no u no

[11:38] {_grasshopper} suprised to see me here?

[11:38] {_grasshopper} Vad wasn't

[11:39] {Threei} I was, I just mask it well

[11:39] {dino} ioc stopped -.35

[11:39] {nemo} Well, you'd actually fit right in, now that I think about it

[11:39] {nemo} you on web or mirc?

[11:40] {_grasshopper} not sure

[11:40] {dino} jpm stop to .39

[11:40] {vinod} I think Sideway until 3.30 see you after 14.00

[11:40] {nemo} mirc is a little program window that sits on your screen, the other access is through a web page

[11:41] {_grasshopper} Hmmmm, not sure Nemo I can't tell from looking at this page

[11:42] {nemo} well, above the window, do you see anything with my name on it

[11:42] {_grasshopper} I do

[11:42] {nemo} click on it

[11:45] {_levelseven} tstr wont stop

[11:46] {dino} ioc blood, try again lower

[11:47] {dino} jpm stopped .39, +.40

[11:50] {Threei} US House Health care overhaul will reportedly require all americans to be insured, incorporates an employer mandate - unconfirmed report

[11:51] {nemo} of course that'll be what happens: everybody has to pay, and it'll be several thousand $ deductibles before you can get services

[11:52] {Threei} RIMM... feels like one more sharp drop is coming, and then bounce will become likely

[11:55] {wulff} like to see some cap. volume

[11:57] {Threei} on RIMM?

[11:57] {wulff} ya

[11:57] {Threei} yes, what we need is sharp long panic red bar

[11:57] {Threei} vlume becoming hysterical

[11:57] {wulff} sounds lovely

[11:58] {dino} 72s last night i think

[11:58] {_grasshopper} they really do like to crush the little people don't they

[11:58] {wulff} poor tiger +4 dino

[11:59] {nemo} RIMM 71.19 yesterday

[11:59] {Threei} that's what they do for a living.. they may not like it but they just do that :)

[11:59] {dino} ?

[11:59] {nemo} the market is unkind, it treats traders like sacrificial straw dogs

[11:59] {wulff} golf....

[12:00] {_grasshopper} I remember Geoff saying @ CTAB sometimes he and Pat say "well, it's time to fleece the sheople"

[12:06] {nemo} crissakes...5 point range on NAS 3 on S&P

[12:07] {Threei} IMO... RIMM dump is coming

[12:07] {Threei} can short new low

[12:07] {Threei} small lot

[12:08] {wulff} long it is

[12:08] {wulff} ( not really)

[12:08] {Threei} mutiny will be punished

[12:08] {Threei} severly

[12:08] {wulff} is there a woman involved?

[12:09] {Threei} cover half

[12:09] {Threei} or take scalp

[12:09] {Threei} easy money

06[12:10] * Threei slaps magoo around a bit with a large roll of cash

[12:13] {magoo} shorted aapl off your call too vad

[12:15] {Threei} worked nicely I see

[12:16] {magoo} from.16

[12:16] {Threei} L7's TSTR becomes insufferable

[12:16] {magoo} out .85

[12:16] {magoo} ty

[12:16] {Threei} welcome sir

06[12:17] * Threei is unusually and suspiciously polite today

[12:18] {magoo} went long aapl .85

[12:20] {Threei} (KS) US Navy may move to intercept North Korean ship suspected of carrying banned weapons - Fox News (related GLD EUR/USD )

[12:20] {nemo} I wonder if N Korea get's turned into a parking lot

[12:23] {dino} dji gap fill

[12:28] {dino} unlikely, most likely we bribe them again to stop being bad

[12:28] {magoo} aapl ,ong no work

[12:28] {nemo} fcx taking a header

[12:29] {magoo} vad..i thought the saying was "do not short dull mkts""this is DULLLLLLLLLLLLLLLLL

[12:29] {nemo} wait, it's dropped 70 points

[12:29] {Threei} it rather for the market that does nothing... this one is sliding :)

[12:34] {Threei} BAC Reportedly House panel is asking for more documents related to the Merrill Lynch acquisition (12.97, 0.07, 0.54%)

[12:35] {dino} \s/p gap filled

[12:35] {Threei} The committee has reportedly subpoenaed documents from the Fed

[12:37] {nemo} RIMM holding whil Qs slipping

[12:38] {dino} ioc rinsed

[12:43] {Threei} interesting

[12:43] {Threei} AAPL bounced nicely, RIMM is still there

[12:44] {Threei} feels like another short is brewing on it

[12:45] {Threei} .20 breakdown

[12:45] {Threei} if stays under .35

[12:45] {dino} 72s last night

[12:48] {Threei} I'll take irt aggresively:

[12:48] {Threei} .30 breakdown with stop above .40

[12:48] {Threei} in

[12:48] {Threei} and I'll take typing lessons

[12:50] {magoo} ill give u the name of my typioinhg teachers vad

[12:51] {Threei} I kan sea hees lesons do vonders for you

[12:51] {Threei} die RIMM

[12:51] {Threei} lose that .20

[12:52] {Threei} break down that wall

[12:52] {nemo} thanks Ronnie

[12:53] {Threei} intention:

[12:53] {dino} lol

[12:54] {Threei} if it loses .20 and dives fast, stop to above .35 and cover half

[12:54] {Threei} good boy RIMM

[12:54] {Threei} or is it girl?

[12:54] {Threei} half covered .14

[12:54] {dino} girl

[12:54] {Threei} okay then

[12:55] {Threei} stop trailed above .35

[12:56] {Threei} stop trailed above .30

[12:56] {Threei} beauty of aggressive entries

[12:56] {Threei} 1/4 more covered

[12:56] {Threei} .10

[12:58] {Threei} if that's not a joy

[12:58] {dino} gj

[12:58] {Threei} ty

[13:01] {Threei} stop to above .20

[13:03] {Threei} stop to above .15

[13:05] {Threei} cover at will

[13:10] {dino} rimm filling gap

[13:11] {dino} t sm l .85

[13:12] {Threei} I am done with RIMM short

[13:12] {Threei} +.40

[13:13] {jfjf64} nicely executed

[13:13] {Threei} ty

[13:13] {Threei} was dead giveaway

06[13:13] * magoo slaps Threei around a bit with a large trout

[13:14] {Threei} why... oh why

[13:14] {dino} dltr sm l .98

[13:18] {_levelseven} oh my, stepped out for a few and then SWHC makes its move

[13:27] {ese} nooooooooo....ese is just in watch mode.......

[13:32] {Threei} you out RIMM yet dino?

[13:32] {Threei} oh sorry, misunderstood... that was T

[13:33] {dino} no rimm

[13:33] {Threei} yeah, you said:

[13:33] {Threei} [13:10] {dino} rimm filling gap

[13:33] {Threei} [13:11] {dino} t sm l .85

[13:33] {Threei} and I mised little t

[13:34] {Threei} thought it was RIMM you bought, price was just right :)

[13:34] {Threei} I even covered to get out of your way {G}

[13:35] {magoo} im back long rimm vad looking for mega rip

[13:35] {magoo} in .11

[13:35] {magoo} i even put u in as a co-signer for bear security

[13:36] {Threei} lol

[13:43] {vinod} wow! you guys did good on RIMM congratulation

[13:43] {Threei} ty

[13:44] {Threei} both directions, like playing flute

[13:44] {magoo} rimm sees 75 today or vads living in that shak he posted earlir

[13:44] {ese} huh?

[13:45] {ese} like playing a flute

[13:45] {ese} ?

[13:45] {Threei} short, then switching to long

[13:45] {Threei} precision

[13:45] {ese} hmmmmmmm

[13:45] {_levelseven} tstr taking another dig?

[13:46] {jfjf64} law of attraction think it it happens hmmmm

[13:47] {jfjf64} only if it was that easy

[13:47] {ese} ya

[13:47] {Threei} NOVL JP Morgan analyst reportedly highlights that management has indicated its willingness to be acquired

[13:47] {Threei} hard to twell L7...

[13:48] {Threei} law of attraction is bs

[13:48] {jfjf64} lol

[13:48] {Threei} :)

[13:48] {Threei} if you want something to happen, make it happen by doing things, not by thinking them up

[13:49] {_levelseven} how about thinking about doing something?

[13:49] {Threei} remember all te buzz about movie Secret?

[13:49] {Threei} IMO, the biggest piece of crap

[13:49] {nemo} power of positive thinking

[13:49] {jfjf64} quote of the week like it

[13:49] {_levelseven} but how do u really feel

[13:49] {Threei} you don't want to know :)

[13:49] {nemo} Vad's always dancing around the issue

[13:49] {Threei} and sugracoat thing

[13:50] {Threei} s

[13:55] {_levelseven} tstr buyers come in waves, ever notice...then all is quiet

[13:55] {Threei} yeah

[13:55] {Threei} makes it ghard to read

[13:55] {_levelseven} like now

[13:55] {Threei} no steady flow

[13:55] {_levelseven} a promo or orchestrated

[13:56] {_levelseven} made new hi

[13:57] {_levelseven} maybe wants sniff 2 before its thru

[13:58] {jfjf64} lk at this tlb

[14:03] {magoo} vad PALM look

[14:04] {Threei} no fresh news

[14:06] {Threei} ready for bounce

[14:06] {Threei} .50 cropss baxck

[14:06] {Threei} atp under .40

[14:06] {Threei} stop

[14:06] {dino} app. lod

[14:06] {Threei} 1:1 easy

[14:10] {Threei} 1:2, I am out

06[14:10] * Threei slaps magoo around a bit with a large roll of cash

[14:10] {magoo} good alert eh?

[14:12] {dino} rimm lod

[14:13] {dptl} have a good evening all

[14:14] {dino} cya dp

[14:14] {Threei} take care dp

[14:17] {dino} neog

[14:17] {Threei} PALM Hearing vague chatter that Palm Pre smartphone sales may not be meeting some analyst expectations (timing uncertain) (13.52, 0.46, 3.52%)

[14:18] {Threei} White House Press Sec: Pres Obama will soon sign the tobacco regulation bill (related MO RAI STSI L LO PM CG )

[14:28] {dino} sm wide risky, s neog .16

[14:35] {dino} bstop is .51

[14:36] {dino} advs

[14:40] {dino} hate to say it, but... "dieeeeeee neog"

[14:42] {dino} esio

[14:43] {_levelseven} tstr heavily shorted imo

[14:50] {Threei} Short Interest (Shares Short) 1,534,600

[14:50] {Threei} Days To Cover (Short Interest Ratio) 4.1

[14:50] {Threei} Short Percent of Float 3.21 %

[14:50] {jfjf64} rimm

[14:51] {dino} cov neog .76, +.40

[14:55] {dino} too soon

[14:56] {nemo} looked it

[14:56] {Threei} MTXX

[14:56] {Threei} short into bounce

[14:56] {Threei} .49

[14:57] {Threei} stop .54

[15:01] {dino} nvec

[15:06] {Threei} 1"1

[15:06] {Threei} 1:1

[15:07] {Threei} and over

[15:08] {Threei} anyone?

[15:09] {jfjf64} tried charlie says no go

[15:09] {Threei} get real broker

[15:09] {jfjf64} crazy

[15:09] {jmb} thanks vad

[15:09] {Threei} jmb :)

[15:12] {Threei} guess who is going to be on TV soon

[15:12] {nemo} Ahmedinejad?

06[15:12] * Threei slaps nemo around a bit with a large dose of reality

[15:13] {nemo} uncalled for

[15:13] {Threei} excuse me... you expected me to be fair?

[15:13] {nemo} no expectations

[15:16] {nemo} you gonna' ask mags?

[15:18] {nemo} look at the charts of tck and fcx, carbon copies

[15:18] {nemo} well, almost

[15:18] {magoo} VADDDDDDd

[15:19] {Threei} gosh

[15:19] {Threei} scared me

[15:19] {Threei} RIMM

[15:19] {KSystems} FMCN reporting?

[15:19] {Threei} 73 break long

[15:20] {Threei} I don't see any reports today after close

[15:21] {dino} cmed, iat.l, bnkr.l yueif.pk

[15:23] {magoo} no vad...r or r

[15:23] {dino} neog wierd

[15:24] {Threei} I think r mags

[15:25] {magoo} ty

[15:27] {Threei} half out

[15:27] {Threei} .17

[15:27] {magoo} i cant boss

[15:27] {magoo} 74.47

[15:27] {Threei} ?

[15:27] {magoo} thats where im wait

[15:27] {Threei} wow

[15:27] {jfjf64} ty

[15:27] {Threei} are you greedy or what

[15:27] {Threei} jf :)

[15:27] {magoo} u gotta ask

[15:28] {jfjf64} me lk it

[15:28] {dino} out dltr .38, +.40

[15:30] {jfjf64} yikes

[15:31] {Threei} amazongly enough, this Frid woth quadriple witching turns out a very nice day

[15:33] {jfjf64} nice nice

[15:33] {Threei} honestly, I expected it to be empty

[15:33] {Threei} thought if we get 1-2 we will be lucky

[15:34] {dino} "thought", stop thinking 3i, it's friday afternoon

[15:34] {dino} sm s neog .35 risky

[15:34] {jfjf64} drink no think

[15:35] {Threei} here is president

[15:35] {Threei} talking on fatherhood

[15:39] {tomg} ty rimm, vad

[15:40] {tomg} got +.20

[15:40] {Threei} cool beans tom

[15:41] {dino} gj

[15:41] {tomg} ty :)

[15:51] {dino} neog bstop to .95

[15:51] {dino} stopped +.39

[15:51] {_levelseven} swhc closin strong

[15:54] {Threei} SYUT Discloses 10-k included going concern opinion from auditor

[15:54] {Threei} - Deloitte Touche Tohmatsu CPA Ltd. ("DTTC"), included an explanatory paragraph expressing substanti... (8.80, 0.10, 1.15%) more...

[15:54] {Threei} expressing substantial doubt regarding Synutra''s ability to continue as a "going concern" in its report on Synutra''s financial statements for the fiscal year ended March 31, 2009.

[15:54] {Threei} - As a result of the melamine incident and the related product recall, Synutra experienced significant operating losses and negative cash flows from operations for the fiscal year ended March 31, 2009. In addition, the operating losses have resulted non-compliance with certain covenants under its ABN Amro loan agreement.

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

[15:58] {Threei} have a great relaxing weekend

[15:58] {Threei} see you aall on Monday

[15:58] {dino} out t .00, +.15

[15:58] {dino} that's a rap

[15:58] {nemo} P&Q

[15:58] {dino} wrap?

[16:00] {dino} thx all, good times

Thu Jun 18 2009

Nice even though summerish-slow day. Nice INSM move and a few trades on RIMM in both directions made it worthwhile.

Session Time: Thu Jun 18 00:00:00 2009

[07:49] {_levelseven} how do you stop seeing the joins or leaves the room?

[08:05] {tomg} good morning levelseven, still need to know?

[08:07] {tomg} have to leave for a while, but just right click on #discussions, click on Events

[08:07] {tomg} check Hide in drop down boxes

[08:07] {tomg} bbl

[08:08] {_levelseven} ?

[08:08] {tomg} your question at 7:49

[08:09] {_levelseven} which drop down

[08:09] {_levelseven} been a few years for me..unfamiloiar

[08:09] {tomg} right click on #discussions on the switchbar

[08:09] {tomg} or #floor

[08:09] {tomg} or both

[08:10] {_levelseven} yes

[08:10] {tomg} then click on Events

[08:10] {_levelseven} goo it, thanks

[08:10] {tomg} welcome :)

[08:10] {tomg} bbl

[08:40] {_levelseven} m

[08:46] {Threei} *INITIAL JOBLESS CLAIMS: 608K V 604KE; CONTINUING CLAIMS: 6.687M V 6.840ME (first drop in Continuing Claims of 2009)

[08:46] {Threei} - Prior Jobless Claims revised from 601K to 605K

[08:46] {Threei} - Prior Continuing Claims revised from 6.816M to 6.835M

[08:47] {nemo} yeah, people still unemployed who don't qualify anymore

[08:47] {Threei} see? all problems resolve themselves if you don't intervene

06[08:48] * _levelseven slaps nemo around a bit with a large trout

[08:48] {Threei} "stop trying to feed starving, and starvation problem will be resolved by itself" logic

[08:49] {nemo} another case of fratricide inflicted upon me...oh the psychological damage

[08:58] {cosmo} acas must be hiring... it would seem

[08:59] {KSystems} good morning!

[08:59] {Threei} (RU) Russian Energy Minister: Half of new oil fields are unprofitable with $60/bbl crude, 39% of new fields unprofitable with crude at $80/bbl

[08:59] {Threei} KS :)

[08:59] {KSystems} 3i!

[08:59] {KSystems} you here?!

[09:00] {Threei} DRYS Has Signed Waiver Agreement With DnB NOR for $86 Million of Debt (6.28, 0.00, 0.00%)

[09:00] {Threei} hmm?

[09:00] {Threei} why wouldn't I be?

[09:01] {cosmo} i remember 3i

[09:02] {Threei} from yuesterday?

[09:02] {Threei} serious memory span {G}

[09:02] {KSystems} anyone except me having any MTXX left?

[09:03] {KSystems} wrong word {{---still waking up

[09:03] {Threei} I think a whole lot of angry shareholders

[09:03] {KSystems} lol

[09:04] {Threei} lwet me find it

[09:04] {Threei} oops

[09:10] {vinod} GM to all

[09:11] {Threei} vinod :)

[09:15] {Threei} OPEC President Vasconcelos: Oil prices are satisfactory for producers and consumers at the moment

[09:15] {Threei} - Oil at $70-75/barrel range is positive for the economy

[09:15] {Threei} whose economy?

[09:19] {ese} good morning.....

[09:19] {Threei} ese :)

[09:19] {dino} gm all

[09:19] {Threei} dino :)

[09:19] {ese} hey vad ...dino

[09:20] {fernp} good morning

[09:20] {Threei} fern :)

[09:20] {dino} :)

[09:21] {ese} fern

[09:22] {fernp} ese

[09:25] {vinod} Expecting wild swing because of Quadruple expire end of week.

[09:27] {Threei} wild swings would be fine... main question is, will there be rythm and readability to them

[09:28] {magoo} morning

[09:28] {Threei} CAT Release Dealer Statistics for 3 months, May Retail sales North America -57%, World with Cat Japan -43% - filing

06[09:28] * nemo slaps magoo around a bit with a large trout

[09:28] {vinod} for that we have BOSS

[09:28] {Threei} mags :)

[09:29] {Threei} no pressure eh vinod :)

[09:29] {nemo} as long as you get 5 out of 6 winning trades per hour

[09:29] {vinod} I am learning from the group

[09:29] {nemo} 1:2 at least

[09:34] {Threei} US Tsy Geithner: Must act to restore confidence; will work through any disagreements to regulatory reform

[09:34] {nemo} As long as the Fed runs everything, that is

[09:36] {jfjf64} mornin

[09:36] {Threei} jf :)

[09:36] {magoo} rimm clubbed again

[09:37] {Threei} no news

[09:37] {nemo} earnings tonight

[09:37] {jfjf64} had to mk my payment to room russian mob was knockin on door

[09:38] {Threei} as long as you keep Ivan the Enforcer and Yuri the Kneecapshooter happy, you will be fine

[09:40] {Threei} watching WFC for bounce

[09:40] {ese} NPBC

[09:40] {ese} .90 if it stays above .80

[09:41] {ese} very tight range

[09:42] {dino} snda sm l .00

[09:42] {Threei} WFC bounced before I could type alert

[09:42] {ese} invalid

[09:43] {jfjf64} ccl

[09:43] {wulff} +.10 WFC

[09:43] {Threei} slow trade, low risk:

[09:43] {Threei} Long Setup: INSM .25

[09:44] {ese} gj wulf

[09:44] {Threei} if stays above .15

[09:44] {Threei} or above .20 for hardcore scalpers

[09:44] {Threei} grrr WFC

[09:44] {Threei} excatly the type of bounce I was looking for

[09:47] {Threei} Long Setup: STT half lot .55

[09:48] {Threei} if stays above .40

[09:48] {ese} l npbc .92

[09:50] {ese} npbc stopped .82

[09:50] {ese} -.10

[09:50] {ese} on 3k

[09:51] {ese} oh sure???

[09:51] {ese} just go back on up there why don't ya

[09:52] {jfjf64} ese what ya watchin

[09:52] {ese} i needed my weekly dose of education this week anyhow

[09:52] {ese} npbc

[09:52] {Threei} WFC... crying here

[09:53] {ese} ya i saw that vad

[09:53] {nemo} stt on?

[09:53] {magoo} magoo hands vad box of used tissues

[09:53] {Threei} dropped too far

[09:53] {Threei} needs to reestablish itself

[09:54] {Threei} INSM pesky scalpers have 1:1

[09:54] {nemo} only got a partial :(

[09:56] {Threei} 1:1 for daytraders on INSM

[09:57] {ese} grrrrrrrr npbc

[09:57] {vinod} 0ut 2.36

[09:57] {vinod} TY vad I had 5K

[09:57] {Threei} cool beans, wtg

[09:57] {Threei} that's how these little thick ones are tyo be played

[09:57] {ese} insm vinod?

[09:58] {vinod} yes ese I got in at 2.22 did not wait for break

[09:58] {ese} nice......

[09:58] {nemo} Ready, fire, aim

[09:58] {nemo} what was your stop Vinod?

[09:58] {ese} too funny nemop

[09:59] {ese} sory nemo

[09:59] {ese} nemop is good though

[09:59] {Threei} the most satisfying thing vinod: have you ever heard of INSM before this mnute?? :)

[09:59] {ese} has that floppy ring to it

[09:59] {Threei} knew what it does?

[09:59] {Threei} what sector it is in even?

[09:59] {nemo} medical

[09:59] {Threei} *JUNE PHILADELPHIA FED INDEX: -2.2 V -17.0E

[09:59] {vinod} never heard and do not know compny name

[10:00] {Threei} there you go

[10:00] {Threei} real day trader is being born

[10:00] {Threei} all you need to know is: it's setting up

[10:00] {ese} good job vnod

[10:00] {dino} thats' wrong not knoweing company, lol

[10:00] {Threei} grab it, profit from it, forget about it till it sets up again

[10:00] {Threei} it is dino... and we are proud of being so wrong so often :)

[10:01] {dino} lol

[10:01] {nemo} it's like a good one night stand

[10:01] {Threei} *MAY LEADING INDICATORS: 1.2% V 1.0%E

[10:01] {Threei} - prior revised from 1.0% to 1.1%

[10:01] {Threei} this analogy is often applied to daytrading nemo

[10:02] {magoo} f'in dino

[10:02] {dino} :)

[10:02] {vinod} nemo- even in my younger days i did not do that

[10:02] {Threei} Long Setup: SVNT .60 break

[10:02] {nemo} here you make money, they're you have to spend it...and how many times can you pull it off more than once a day, nevermind every day

[10:02] {Threei} aww

[10:02] {Threei} late

[10:03] {dino} snda stop to .20

[10:03] {dino} out snda .20, +1.20

[10:03] {Threei} ok, let's try to enter conservatively

[10:03] {nemo} got your groove back?

[10:03] {Threei} first strength from here

[10:03] {Threei} if holding above .50

[10:03] {dino} no takers?

[10:03] {Threei} in .53

[10:03] {Threei} stop .45

[10:04] {ese} l qqqq .94

[10:04] {Threei} wtg dino

[10:04] {dino} ty

[10:04] {magoo} [10:02] {magoo} f'in dino

[10:04] {magoo} ok..grabbed .58 svnt

[10:05] {Threei} a bit high

[10:05] {magoo} it was first strength

[10:05] {magoo} went back .62

[10:06] {Threei} no go

[10:07] {Threei} it started upticking from .51 and was avilable at better prices

[10:07] {Threei} .58 is kind of far from optimal price

[10:07] {magoo} no biggie..but u owe me one

[10:07] {nemo} yeah, he made you get in .05 above his entry

[10:08] {Threei} wow BAC

[10:08] {magoo} exactly!!!

[10:08] {nemo} Vad's...eh...um...er...moral suasion?...is quite powerful

[10:09] {Threei} moral?

[10:09] {Threei} there is nothing moral about my suasion

[10:09] {magoo} suasion

[10:09] {magoo} no bathroom talk

[10:11] {Threei} JP Morgan analyst says sugar and ethanol prices have moved higher ahead of fundamentals, recommends avoiding Brazilian sugar stocks

[10:11] {Threei} okay

06[10:11] * Threei crosses out Brasilian sugar stock

[10:11] {ese} out qqqq .00

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

[10:11] {ese} +.06 10k of the little beggers

[10:12] {ese} auch aye.....nah thaaa is muir like it lads

[10:13] {wulff} +1.5 GS sm

[10:14] {ese} licks tip of pencil...and crosses out brazilian sugar stock

[10:15] {nemo} what

[10:16] {nemo} s your stop dino?

[10:16] {ese} bstop intc .23

[10:17] {ese} forget bstop....will just buy at .23

[10:19] {Threei} INSM, who partialled - stop to under .25 for the balance

[10:19] {Threei} ese... I have a good reason to beat myself up

[10:19] {Threei} have a look at 1 min FITB

[10:19] {magoo} feel bad about magoo?

[10:19] {Threei} perfect double bottom

[10:19] {dino} .59

[10:20] {Threei} confirmation at 6.80

[10:20] {ese} don't tell me.....then i've missed it too

[10:20] {Threei} absolutely beautiful setup, textbook

[10:21] {ese} this should come back

[10:21] {ese} fitb

[10:21] {ese} nooooooooooooo!!!!!!!!!

[10:22] {ese} auch nu aye......di no take it

[10:22] {nemo} look at tck

[10:22] {dino} bby continues down

[10:23] {dino} wynn stopped -.41

[10:24] {ese} L fitb. .06

[10:26] {nemo} fcx bottom of box range

[10:26] {ese} auchhhhhhh ....do not !!! i repeat....do not be a bull trap

[10:29] {Threei} Short Setup: SVNT .25 break

[10:29] {Threei} if stays below .35

[10:30] {Threei} CYTK Hearing Credit Suisse making positive comments (timing uncertain) (2.79, 0.09, 3.33%)

[10:30] {Threei} Credit Suisse cares to make comments about CYTK?

[10:36] {nemo} svnt didn't give much ime to get in

[10:37] {ese} out fitb . 05

[10:38] {ese} -.01 was not looking good

[10:38] {vinod} yes nemo no SVNT for me

[10:39] {jfjf64} vad watchin npbc

[10:39] {Threei} not so far but looks interesting

[10:40] {Threei} 5.06 long if stays above 5 for instance

[10:40] {magoo} read AMZN vad"?

[10:40] {Threei} short

[10:41] {Threei} .35 breakl

[10:41] {magoo} im looking for bounce actually

[10:41] {Threei} shrug

[10:41] {ese} have seen this type of rounded top before with stocks on 1 min ch

[10:41] {Threei} you asked for read :)

[10:41] {magoo} good one two

[10:42] {Threei} next time be more precise: "Vad, got a read that would coincide with mine?"

[10:43] {ese} phew ...better the -.01 than whatever is going to happen here...was carrying too many shs

[10:43] {magoo} ok

[10:44] {magoo} id make a great dictator then

[10:44] {Threei} lol, I can feel magoo coming up with comeback

[10:44] {Threei} hey, there is nothing wrong with dictatorship... benevolent one of course

[10:51] {Threei} AMZN, those who trusted me and went for it, feel free to cover

[10:52] {magoo} that does itttttttttttttt

06[10:52] * magoo slaps Threei around a bit with a large trout

06[10:52] * magoo slaps Threei around a bit with a large trout

06[10:52] * Threei slaps magoo around a bit with a large volume of the book Be a Good Dictator if You Must Be One

06[10:52] * magoo slaps Threei around a bit with a large trout

[10:52] {Threei} see, my slaps are aso much more inventive

[10:53] {Threei} one is worth three of your tired trout

[10:53] {magoo} u know what happened to the chinese peasant who first invented means of flight right?

[10:54] {Threei} yeah

[10:54] {magoo} the emperor excuted him to protect china ability to defend with the great wall

[10:56] {Threei} ok, you convinced me... I will apply for emperor and withdraw my application for inventor

[10:57] {Threei} RIMM

[10:57] {Threei} looks like setting up for long

[10:58] {Threei} get it as close to .50 as possibl;e

[10:58] {Threei} stiop under .40

[10:58] {Threei} alternatively,

[10:58] {magoo} troo funny vad

[10:58] {Threei} wait for .60 break

[10:58] {Threei} as a trigger

[10:58] {magoo} rogllol

[10:59] {ese} hmmmmm was logged out for a minute...am back though

[11:00] {Threei} US Treasury to sell $40B in 2 year, $37B in 5 year, $27B in 7 year notes (related TLT SHY IEF )

[11:01] {magoo} in rimm

[11:01] {Threei} those who took it near .50 got 1:1

[11:01] {Threei} those who took .60, not yet

[11:01] {magoo} .60 here

[11:01] {Threei} wow

[11:01] {Threei} I mean WOW

[11:01] {Threei} magoo changes his colors

[11:01] {Threei} no aggressive entry

[11:01] {magoo} nah..in goog too at 114

[11:02] {dino} ge l .70

[11:03] {Threei} MTXX conference call?

[11:03] {Threei} yes

[11:04] {Threei} STSI, wow

[11:07] {Threei} something hopeful probably being said

[11:08] {Threei} MTXX Exec: our data does not show link between Zicam and loss of sense of smell - conf call (6.39, 0.26, 4.24%)

[11:14] {magoo} waiting for goog @ .77..but will eject on a dime

[11:14] {jfjf64} npbc ty

[11:15] {Threei} :)

[11:16] {jfjf64} rimm lk good here

[11:16] {magoo} still in vads rimm..thinkin over 77

[11:16] {magoo} everything needs mkt help of course

[11:18] {Threei} RIMM forms new setup

[11:18] {Threei} .71 break long

[11:18] {Threei} if stays above .60 - .65

[11:18] {magoo} changed goog exit to .16

[11:18] {magoo} 416.19 actually

[11:19] {Threei} with any market help, should be good for near 77

[11:21] {Threei} DNDN?

[11:22] {Threei} no news that I see

[11:28] {_levelseven} tstr any news?

[11:29] {Threei} not since Apr 2, lol

[11:30] {dino} out ge .821, +.12

[11:31] {ese} see ya in about and hour or so.....

[11:32] {fernp} bye ese

[11:33] {Threei} take care ese

[11:37] {nemo} mags!

[11:41] {jfjf64} vad cvh watchin if it test today high seems lk it cd go for while ???

[11:42] {Threei} can't tell jf... this slow trading on it opens doors for any outcome with equal chances

[11:42] {jfjf64} or think it lost steam

[11:43] {Threei} 50/50

[11:43] {jfjf64} no lk 50/50 ty

[11:48] {jfjf64} rimm

[11:48] {jfjf64} can ya say 77

[11:49] {Threei} lemme try

[11:49] {Threei} 77

[11:49] {Threei} yes I can

[11:50] {magoo} sorry..had phone call

[11:50] {jfjf64} every body 77

[11:50] {magoo} obviously out goog + 1 point {missed the best exit because of greed}

[11:50] {magoo} still in rimm looking for 77

[11:51] {Threei} here we go

[11:51] {nemo} wish I were going to be around for the RIMM fireworks tonight

[11:51] {jfjf64} nice 77

[11:55] {jfjf64} ccl

[11:59] {magoo} long aapl here .11

[11:59] {magoo} wow fast

[11:59] {magoo} judst tok it

[12:04] {magoo} waiting aapl .47

[12:05] {magoo} waiting rimm .578

[12:05] {magoo} trying for 1 point for the vadster

[12:05] {Threei} MDT Raises dividend to $0.205 (33.35, 0.42, 1.28%)

[12:06] {magoo} out RIMM + 1 POINT VAD

[12:06] {Threei} wtg

[12:06] {magoo} TY

[12:06] {magoo} your call..my ball

[12:07] {Threei} let's leave it in singular, deal?

[12:07] {Threei} not looking forward for plural version of that statement

[12:07] {magoo} huh?

[12:07] {magoo} oh roflol

[12:07] {Threei} :)

[12:12] {_levelseven} stsi another nhod

[12:13] {Threei} no news

[12:15] {magoo} trying for .38 aapl

[12:16] {magoo} grrrrrr

[12:16] {magoo} out TY vad + .27

[12:16] {magoo} [12:04] {magoo} waiting aapl .47

[12:17] {magoo} impatuient

[12:17] {magoo} wantred the $$

[12:17] {magoo} for my typing class, nbounced lastb check

[12:20] {Threei} wow RIMM drop

[12:21] {Threei} .36 long

[12:21] {Threei} stop under .25

[12:23] {Threei} invalidated

[12:23] {nemo} Everybody remembered earnings tonite

[12:43] {magoo} .

[12:47] {ese} howssszit goin?

[12:47] {Threei} magoo made full point... and understood my joke

[12:47] {Threei} I would asay it's remarkable day

[12:47] {Threei} for both of us

[12:47] {ese} just in time to see qqqq shoot up......

[12:48] {ese} whats up there....whats the news

[12:48] {Threei} none

[12:50] {ese} tks

[12:51] {nemo} tck on 5 minute looks interesting above .20 and just broke .15 on the 1 minute

[12:52] {Threei} I like its look

[12:53] {Threei} sheesh RIMM

[12:53] {nemo} oh shit

[12:53] {Threei} double bottom RIMM

[12:53] {Threei} off 77

[12:54] {Threei} just a scalp

[12:57] {Threei} US Treasury Sec Geithner: On the verge of putting in action plan to buy distressed bank assets with TARP funds (related XLF )

[12:58] {Threei} our RIMM

[12:58] {Threei} out

[13:09] {Threei} TCK 1:1

[13:10] {_levelseven} tstr picking its head up

[13:32] {magoo} ..

[13:32] {Threei} skipping . ?

[13:33] {Threei} going staright for .. ?

[13:33] {magoo} wow u notivced

[13:33] {Threei} me observant

[13:34] {magoo} hows mkt volume today?

[13:35] {Threei} lousy

[13:36] {jfjf64} stt climb climb

[13:36] {nemo} were's ese, time for a rimm shot...I mean...short

[13:37] {vinod} rimm-earning after close

[13:37] {nemo} that must be like the 10th time it's been mentioned today

[13:38] {vinod} I just found out

[13:44] {magoo} hey nemo..is RIMM reporting tonite or tomorrow? LOL

[13:44] {nemo} 2nite

[13:44] {magoo} u missed golden opportunioty to dispense fish

06[13:44] * nemo slaps magoo around a bit with a large gold fish

[13:45] {nemo} 2 birds with one stone

[13:46] {nemo} If you were talking about trouting vinod...well, nobody's ever trouted vinod that I can remember. So....

[13:46] {vinod} someone knows earning it went from 84 to 76 from friday to today

[13:47] {nemo} You mean.....somebody has inside information......nahhhh

[13:47] {vinod} yes, they always do

[13:50] {jfjf64} 77 break rimm gettin ready for take off

[13:51] {Threei} vinod... this RIMM drop is the same as market

[13:51] {Threei} so... can be just as easily its usual market folowing

[13:51] {_levelseven} tstr looking like player

[13:52] {nemo} it was up like 130% from it's lows, and had eaten halfway through it's gap down in October

[13:55] {vinod} got to go have a nice evening

[13:56] {Threei} take care vinod

[13:56] {magoo} bye V

06[13:56] * magoo slaps vinod around a bit with a large trout

[13:56] {magoo} his first fish

[13:57] {dino} bby l .35

[13:58] {Threei} nice one l7

[13:59] {nemo} where'd you find that one?

[14:00] {Threei} CA) BoC's Carney: Stress on households are rising; interest rate will remain at 0.25% for 12 months if inflaiton remains controlled

[14:09] {magoo} we in anything boss? {cause im flat here}

[14:09] {dino} bby stop is .19 fwiw

[14:09] {dino} brb

[14:09] {Threei} no

[14:18] {dino} bby stopped -16

[14:30] {Threei} wow... long period of market being locked

[14:30] {dino} pot sm l .50

[14:31] {Threei} wanted RIMM short at .50 break, happened too fast for alert

[14:31] {Threei} let's see if it bounces back into resistance for short

[14:33] {Threei} here we go

[14:33] {Threei} got .46

[14:34] {Threei} haf out

[14:35] {Threei} what's got into FCEL?

[14:38] {Threei} out 1/4 more RIMM

[14:41] {Threei} out last portion

[14:52] {patience} no, patience is patiently sitting in tck/b stocks waiting to sell....

[14:55] {Threei} SLM got slightly cramerized

[14:56] {dino} pot stopped

[14:57] {_levelseven} got dc'd

[15:08] {magoo} VAD DCC quick

[15:14] {magoo} rip or rott boss?

[15:15] {Threei} rip

[15:18] {magoo} candidates?

[15:19] {Threei} hmmm

[15:19] {Threei} not RIMM

[15:21] {_levelseven} can things get any slower

[15:21] {Threei} yes they can!

[15:21] {Threei} I am optimist

[15:22] {_levelseven} hmm

[15:22] {Threei} whole day less than 20 points NQ range

[15:22] {Threei} it's a miracle we found what we did

[15:23] {magoo} u da nam

[15:23] {_levelseven} u performed a miracle?

[15:24] {_levelseven} looks like ima take home some tstr if it stays strong..maybe news coming

[15:24] {Threei} yes l7 but not voluntarily - magoo made me do it

[15:24] {nemo} nite folks off to see the...

[15:24] {Threei} he regularly squeezes 3-4 miracles a week out of me

[15:25] {magoo} vad performs well under the gun

[15:25] {Threei} even better WITH the gun

[15:25] {Threei} told you not RIMM, lol

[15:25] {Threei} look at it dropping

[15:26] {Threei} now... INSM...

[15:26] {Threei} what's with this doggy

[15:26] {Threei} intrigues me

[15:31] {Threei} new high

[15:34] {Threei} RIMM is getting murdered

[15:35] {ese} howdy boyzzza hows your day goin

[15:35] {ese} talkin to live from Victoria higha schoola

[15:35] {ese} talkin to you

[15:35] {Threei} tough ese... magoo is not laughing at my jokes anymore and makes me perform miracles

[15:36] {ese} hmmmmmmm

[15:36] {ese} tough customer ehh

[15:36] {patience} and girls ese

[15:36] {magoo} and dcc him with threats

[15:36] {ese} opps

[15:36] {Threei} and this is on the day when I made my first good joke in decades

[15:36] {Threei} (or at least what I think is good joke)

[15:36] {magoo} and got me a point

[15:37] {Threei} that I don't mention - I get points more often and than make good jokes

[15:37] {ese} my appologies patience

[15:38] {patience} buy me a drink ese, i'll forgive you

[15:38] {ese} done

[15:38] {ese} lots of lemon chello at my house when you are on your run

[15:38] {Threei} INSM is still at it

[15:38] {_levelseven} insm moving 3i

[15:40] {ese} anybody take insm? looks like a nice move

[15:40] {patience} ok, who thinks we are green tomorrow morning?

[15:40] {magoo} rimm will be the faxctor

[15:40] {ese} me

[15:41] {patience} flip a coin for me ese, do i cut loose my tck tonight or put in an overnight sell order. i am up $1.17

[15:41] {ese} whats tck patience?

[15:41] {patience} teck

[15:42] {ese} hmmmmmm

[15:42] {ese} market has to finsh strong today i think with tech leading

[15:43] {patience} so far i like volume and price...hum to dum, what to do

[15:44] {dino} cetv spike

[15:44] {ese} buzzer going.......being called into an exam....see ya all tomorow.....good luck with it patience

[15:45] {patience} ty, i'm selling it :)

[15:51] {_levelseven} tstr good buying, stubborn seller

[15:55] {_levelseven} nhod

[15:55] {dino} rbcaa

[15:56] {magoo} ok..ty vad..everyone

[15:56] {Threei} TATR broke

[15:56] {Threei} TSTR

[15:57] {Threei} funny.. two small movers, stubbornly making new highs, and no slightest hint of news

[15:57] {Threei} anyway, good ctach L7

[15:58] {Threei} okay guys and gals

[15:58] {Threei} thank you all

[15:58] {Threei} have a good evening

[15:58] {Threei} see you tomorrow

Jun 17 2009

Nicely profitable day, mostly thanks to MTXX and SVNT. Trading is disconnected, every trade is like stand-alone tree, no forest in sight.

Session Time: Wed Jun 17 00:00:00 2009

[08:10] {Threei} Good morning

[08:11] {Threei} poor STSI

[08:11] {Threei} Star Scientific, Inc. Confirms that jury verdict was announced in patent infringement lawsuit in favor of RJ Reynolds

[08:11] {Threei} - The jury found that the two Star patents at issue in the case were not valid, and were not infringed.

[08:11] {Threei} - The company will file a motion with the US District Court for Judgment as a Matter of Law or a New Trial within the next ten days.

[08:11] {Threei} - If that motion is not granted, the company's appellate counsel then will file a notice of our intent to appeal the verdict with the United States Court of Appeals for the Federal Circuit as soon as practically possible.

[08:11] {nemo} Oh well

[08:11] {Threei} Preview: May Consumer Price Index, CPI ex Food & Energy and CPI NSA due at 8:30 am ET

[08:11] {Threei} Consensus expectations

[08:11] {Threei} - Consumer Price Index m/m: 0.3%e vs 0.0% last.

[08:11] {Threei} - CPI ex Food & Energy m/m: 0.1%e vs 0.3% last.

[08:12] {nemo} ex food and energy...always love that

[08:13] {Threei} (US) White House Advisor Goolsbee: Fed will be a "day-to-day" supervisor of financial institutions - CNBC (related EUR/USD XLF )

[08:14] {nemo} makes me feel safer

[08:29] {nemo} mtxx dropping fast

[08:30] {Threei} MAY CONSUMER PRICE INDEX M/M: 0.1% V 0.3%E;

[08:31] {Threei} 08:30 AM [CYTR] Tamibarotene Demonstrates Statistically Significant Anti-Tumor Activity in Animal Trial for Multiple Myeloma

[08:33] {_levelseven} animal trial? lol

[08:34] {Threei} CPI EX FOOD&ENERGY M/M: 0.1% V 0.1%E

[08:34] {Threei} yeah... another lucky mouse

[08:35] {Threei} 1.30 buyer can't understand what hit him

[08:36] {Threei} UAUA Guides Q2 capacity -9% y/y, traffic -9.5-10% y/y, PRASM -17.9%-18.9% y/y

[08:36] {Threei} - At end of Q2 see unrestricted cash balance at $2.5B

[08:36] {_levelseven} the good news is, in 5 yrs they may actually start Phase I clinicals on a human

[08:37] {Threei} SVNT... I'd expect more enthusiasm

[08:38] {Threei} and MTXX just can't pick itself up from the floor

[08:40] {jfjf64} time to mk the donuts

[08:43] {Threei} mk? I prfr to et

[08:43] {jfjf64} me too

[08:45] {Threei} Reminder: Fed Chairman Bernanke scheduled to speak at a financial literacy summit in D.C. at 9amET

[08:45] {Threei} - an advanced text is expected; he will not take Q&A.

[08:45] {jfjf64} pres at 12 45

[08:46] {Threei} on financial regularion overhaul?

[08:46] {jfjf64} y

[08:47] {jfjf64} could be good for us i hope

[08:47] {nemo} no fffffn way

[08:48] {jfjf64} big time frame no 1 min chart hope lol

[08:57] {cosmo} alvr

[08:59] {fernp} good morning everybody

[08:59] {Threei} cosmo, fern :)

[09:01] {_levelseven} stsi big pop

[09:02] {Threei} no new news

[09:04] {_levelseven} hit mid 80's earlier i think

[09:05] {ese} morning

[09:05] {Threei} ese :)

[09:05] {cosmo} alvr tests 4 soon ... i think

[09:07] {_levelseven} alvr have news?

[09:08] {cosmo} Alvarion wins $100 mln contract, shares surgeat Reuters(Wed 3:20am)

[09:08] {cosmo} pre mkt

[09:15] {magoo} morning

[09:15] {Threei} magoo :)

[09:15] {magoo} what we stalking vad?

[09:16] {Threei} MTXX, SVNT

[09:16] {magoo} ok

[09:18] {_levelseven} how lo did m this morn

[09:19] {_levelseven} mtxx

[09:19] {Threei} almost 5.20

[09:21] {dino} gm all

[09:21] {Threei} dino :)

[09:21] {patience} good morning guys....vad, where is the sun today?

[09:22] {Threei} patience :)

[09:22] {Threei} hmmm... I assumed in its usual position... no?

[09:23] {Threei} hmmm

[09:24] {Threei} I may have to leave you guys for a few years, for serious humanitarian reason

[09:24] {Threei} Hello,

[09:24] {Threei} I am only sixteen years old girl orginally from Zimbabuwe, I am looking for a guardian to assist in my present and future life and i will live with you. I have inherited funds that i would want to be claim on my behalf by anyone that will accept to be my guardian and take care of my education and everything from now, after he or she must have received the money.

[09:25] {Threei} I mean... someone should help poor kid, right?

[09:25] {nemo} 16.....cool

[09:25] {nemo} How do you define "help?"

[09:25] {Threei} "guardian to assist in my present and future life "

[09:25] {cosmo} how much money?

[09:25] {Threei} "take care of my education"

[09:25] {nemo} not how SHE defined it

[09:26] {ese} i think your performing a humanitarin service by trying to make us "POOR" sods better trader

[09:26] {Threei} also,

[09:26] {Threei} Right now my life is in serious danger and i want you to be my guardian and make the claim for me

[09:26] {ese} traders...plural

[09:26] {cosmo} hey...no problem....sheesh

[09:27] {nemo} fcx dropping like a stone...no pun of course

[09:29] {Threei} good

[09:29] {Threei} it's canadian dollar ETF, right?

[09:29] {nemo} FCX...mining stock

[09:29] {nemo} Freeport McMoran

[09:29] {Threei} oh... confused wit something then

[09:30] {nemo} FXC is canadian $ etf

[09:30] {Threei} lol

[09:30] {nemo} FXA australian

[09:30] {Threei} close enough

[09:30] {nemo} FXE euro

[09:30] {nemo} you get the drift

[09:32] {magoo} RIMM Vad

[09:32] {magoo} look

[09:32] {Threei} eeck

[09:32] {Threei} Long Setup: MTXX .80 break

[09:32] {Threei} stop under .70

[09:33] {dino} qcvom l sm .20

[09:33] {dino} qcom

[09:33] {ese} l agen 27

[09:33] {dptl} good morning all

[09:34] {Threei} dp :)

[09:34] {_levelseven} alvr, nice call whoever made it

[09:34] {ese} out agen .33

[09:34] {Threei} cosmo did

[09:34] {ese} + .06

[09:35] {ese} bad fill...tried for .25

[09:35] {Threei} half out MTXX who got it

[09:36] {ese} was in agen

[09:36] {Threei} 1/4 more out

[09:36] {Threei} out in full

[09:36] {ese} god one vad

[09:36] {Threei} a bit too early

[09:37] {ese} good

[09:37] {magoo} out 6.22 TY vad

[09:37] {magoo} fast

[09:37] {Threei} mags :)

[09:37] {Threei} as you like it

[09:37] {_levelseven} wow alvr insane

[09:37] {magoo} yea..took .79 no time to post

[09:37] {cosmo} :)

[09:37] {ese} .50 pts is a pretty good move

[09:37] {Threei} that's some spike ALVR

[09:38] {Threei} I retire, cosmo takes over

[09:38] {cosmo} beach day...

[09:38] {ese} what happened to that stock yesterday that made it loose $12.00

[09:39] {ese} mtxx that is

[09:39] {Threei} we just played it lol

[09:39] {Threei} [09:32] {Threei} Long Setup: MTXX .80 break

[09:39] {magoo} again?? lol

06[09:40] * Threei passes to ese hypodermic needle with dose of mean black coffee

[09:40] {Threei} lol mags

[09:40] {ese} ese starts twitching

[09:41] {Threei} SVNT hard selloff

[09:42] {Threei} Long Setup: SVNT .90 break

[09:42] {Threei} if holding above .80

[09:44] {magoo} vad..u readin RIMM..

[09:44] {Threei} Long Setup: MTXX .40 half lot if stays above .20

[09:44] {dino} rimm to 75 strike area imo

[09:44] {Threei} no mags

[09:44] {_levelseven} 40?

[09:44] {magoo} if mkts bounce im following it

[09:45] {Threei} SVNT invalidated

[09:46] {patience} looking for bounce in POT, it dropped out of bed this morning

[09:46] {Threei} FDIC's Bair: Financial sector has been stabilized 'for now' (related XLF )

[09:46] {dino} pot

[09:46] {nemo} all commodity mineral stocks have been tanking

[09:47] {dino} opps sorry patience

[09:47] {patience} i'm not long in it dino

[09:47] {patience} waiting to pick it up again

[09:47] {patience} will scalp

[09:47] {jfjf64} svnt

[09:47] {dino} watching here too

[09:48] {dino} heck of a gap 107

[09:48] {patience} :)

[09:48] {Threei} SVNT, pullback into .80 worth a try

[09:48] {dino} titn gap fill

[09:51] {ese} drys geting stupid....somebody want people out

[09:51] {Threei} wow

[09:51] {Threei} people want out themselves, lol

[09:52] {ese} support is 6

[09:52] {Threei} ENOC Sees Q3 Rev of at least $83M v $39Me- - headline only (unclear if headline is in error)

[09:52] {Threei} - Reminder: On May 6-- Guides Q2 -$0.15 to -$0.22 v -$0.35e, R $38M-$40M v $37.6Me

[09:52] {Threei} lol.. good thing it didn't guide lower

[09:54] {Threei} no go MTXX

[09:55] {jfjf64} wpi

[09:55] {Threei} PALM fell off a cliff

[09:56] {nemo} RIMM PALM POT FCX...etc

[09:56] {nemo} the indices aren't down that much, so where's the money going?

[09:57] {nemo} ahhhh...defensive health stocks some banks

[09:58] {dino} and w/obama against heathcare stocks, it doesn't make sense

[09:58] {dino} pru 35 strile

[09:58] {dino} strike

[09:59] {nemo} yeah, but he's for stem cell/genetic, and of course the staples like JNJ won't get hurt

[09:59] {Threei} well... he is pro-al energy and they don't really perform

[09:59] {nemo} oil down

[09:59] {Threei} that's normal reaction for them

[09:59] {nemo} look at the heat map on the front of FINVIZ.COM

[09:59] {Threei} meaning, his priorities do not get accounted for by te markety

[10:00] {_levelseven} svnt dip

[10:00] {Threei} 12break SVNT if holding above .90

[10:00] {Threei} (US) API: Have seen US fuel demand in May falll to lowest levesl in 10 years

[10:00] {Threei} there you go

[10:01] {dino} some really brutal selloffs

[10:01] {magoo} in svnt

[10:02] {vinod} GM to all

[10:02] {Threei} vinod :)

[10:04] {ese} to be honest....i haven't understood market behaviour the last few days....seems like huge selling going on but not really.......feels up but not really doing it....hmmmmmmm confused

[10:05] {magoo} ive been congfused for years

[10:05] {Threei} my feeling too ese

[10:05] {Threei} that's why I continue thinking (as much as I do thinking thingy anyway) that this retreat is a trap for shorts

[10:05] {Threei} and ditto mags

[10:05] {ese} makes it tough when you make a trade....something always lurking in the back of your mind

[10:06] {ese} i'm thinking your right there vad

[10:06] {Threei} SVNT, no pressure

[10:07] {Threei} probably out of gas

[10:07] {Threei} I am scratching half

[10:07] {ese} vad that would explain the tanking of drys....because the news has been realitively good

[10:09] {dino} the week before and the week of options expiration typically have 5% down moves

[10:09] {nemo} should we trail stop on svnt?

[10:09] {Threei} nowhere to trail yet

[10:09] {Threei} low of the range is still .90

[10:10] {Threei} it hasn't established any new supports

[10:10] {Threei} I just dumped half breakeven

[10:10] {nemo} just going on you're "out of gas" comment

[10:10] {ese} this is options week isn't dino.....forgot about that

[10:10] {Threei} [10:07] {Threei} I am scratching half

[10:11] {Threei} Long Setup: ALVR .15 break

[10:11] {Threei} if stays above 4.10

[10:11] {Threei} 1:1 SVNT

[10:12] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 10:30amET

[10:12] {Threei} **consensus expectations:

[10:12] {Threei} Crude: -1.8Me

[10:12] {Threei} Gasoline: +750Ke

[10:12] {Threei} Distillate: +1Me

[10:13] {Threei} BBT Redeems TARP (21.68, -0.55, -2.47%)

[10:13] {magoo} out .21 TY vad

[10:13] {magoo} svnt

[10:13] {Threei} out

[10:13] {Threei} .23

[10:14] {magoo} grrrrr lol

[10:14] {Threei} lol

[10:14] {Threei} we both missed that spiked into .30 thoughj

[10:15] {Threei} DSCO Ticks higher on some positive chatter regarding surfaxin (1.17, 0.09, 8.33%)

[10:16] {Threei} Note: DSCO was to meet with the FDA on June 2 to discuss the complete response letter

[10:18] {Threei} US Senate commitee reportedly approves energy legislation to expand drilling in Gulf of Mexico and initiate a new renewable energy mandate (related USO OIH FAN TAN )

[10:19] {dino} wow

[10:19] {nemo} svnt holding support @ 0.8

[10:19] {nemo} .08

[10:20] {dino} evep fast fall

[10:20] {Threei} hmm?

[10:20] {Threei} SVNT? .08?

[10:20] {nemo} sorry alvr

[10:20] {Threei} SVNT becomes a candidate for gravity denial if breaks .50

[10:20] {Threei} risky as hell

[10:21] {nemo} alvr thru support

[10:21] {dino} cern spike

[10:21] {dino} missed esi

[10:21] {magoo} was watching movie Hellboy last nite..luved it

06[10:22] * Threei slaps magoo around a bit with a large copy of Fallen

[10:22] {nemo} never saw it before? I haven't seen the 2n one

[10:22] {Threei} CYBE Halted: News pending (5.25, -0.32, -5.75%)

[10:22] {nemo} Did I ever tell you about the day I almost died?

[10:22] {nemo} quote

[10:25] {Threei} CYBE Chairman Steven K. Case killed

[10:26] {dino} plane crash

[10:26] {jfjf64} ouch

[10:30] {Threei} DOE CRUDE: -3.87M V -1.8ME

[10:30] {Threei} GASOLINE: +3.38M V +750KE; DISTILLATE: +308K V +1ME

[10:31] {Threei} Distillate demand -188K bpd to 3.38M bpd

[10:31] {Threei} - Gasoline demand +213K bpd to 9.35M bpd

[10:34] {Threei} MOS Hearing Potash names defended at Morgan Stanley (timing uncertain) (46.22, -4.99, -9.74%) (related POT AGU CF TNH TRA )

[10:39] {Threei} ALVR formed new setup, .10 break

[10:42] {dino} germany k& s group fertilizer demand weak in europe; realmoney,com

[10:43] {Threei} pesky scalpers can exit here

[10:44] {Threei} daytraders half out

[10:48] {magoo} which am i again?

[10:49] {Threei} you mags are embodiment of identity crisis

[10:49] {Threei} I don't know how dino hasn'tr burned out his retina yet by watching you dancing in tutu the market opening dance daily

[10:53] {dino} i close the door

[10:53] {Threei} ad he doesn't break it down?

[10:54] {dino} don't give him ideas

[10:54] {Threei} oops

[10:56] {magoo} magoo gets up..checks out door construction

[11:02] {Threei} NY Fed: Purchased $7B in $300B outright coupons purchase; Dealers submitted $26.2B for consideration (bid to cover

[11:02] {dino} scanners solid green

[11:03] {Threei} bid to cover 3.74)

[11:13] {wulff} ho hum

[11:15] {Threei} SVNT...

[11:16] {Threei} (IA) Iranian Govt reiterates has no intention to acquire nuclear weaopns, IAEA's El Baradei is 'absolutely wrong' (related USO )

[11:17] {jfjf64} svnt??

[11:19] {Threei} trying to gauge whether I am interested in .50 break

[11:20] {jfjf64} that what fig ty

[11:25] {jfjf64} ill wait for ya assesment

[11:26] {Threei} US President Obama: Planning to take 'decisive' action to fix damage to economy; regulatory reform proposals are to aim for 'careful balance' (related XLF )

[11:28] {jfjf64} fas doesnt lk that

[11:29] {Threei} MS Redeems TARP (27.40, -0.70, -2.49%)

[11:33] {ese} sorry to leave you all ....have to sign out early today....cya tomorow

[11:33] {Threei} take care ese

[11:39] {dino} cya es

[11:50] {Threei} ok

[11:50] {Threei} .50 break long

[11:50] {Threei} risky as hell

[11:50] {nemo} on what

[11:50] {nemo} svnt?

[11:50] {Threei} yes

[11:56] {Threei} half out into this spike

[11:56] {Threei} scalpers take profit

[11:57] {Threei} US Senate Panel has reportedly delayed vote on health care legislation (related PPH BBH )

[11:57] {jfjf64} out in full ty

[11:57] {Threei} :)

[12:02] {Threei} JPM Redeems TARP (32.68, -0.82, -2.45%)

[12:12] {Threei} F CEO: Gaining market share, cites viability of business in customer choice

[12:12] {Threei} - Comments that the company is cautiously optimistic that sales have reached bottom (5.62, -0.05, -0.88%) (related GMGMQ F.IT )

[12:21] {dino} pot: fwiw announced yesterday another reduction of 800,000 tons of patash production in '09

[12:30] {wulff} big c & h on aapl fwiw

[12:33] {jfjf64} svnt monster

[12:33] {Threei} 1/4 more out

[12:33] {Threei} stop to .55

[12:33] {jfjf64} ya still in

[12:35] {jfjf64} vads a monster yeah

[12:35] {Threei} lol

[12:35] {jfjf64} when i grow up wanna be lk ya

[12:37] {Threei} you just need to become lazier

[12:37] {wulff} and drink more

[12:39] {jfjf64} those 2 easy hv to learn to stay in trades longer

[12:43] {magoo} let winners win

[12:49] {Threei} MTXX Reportedly CNBC's Huckman to interview CFO at 2:30ET - blog (6.15, 0.37, 6.40%)

[12:54] {Threei} OK... I am more or less restored after trying wulff's advice

[12:55] {jfjf64} ??

[12:55] {Threei} [12:37] {Threei} you just need to become lazier

[12:55] {Threei} [12:37] {wulff} and drink more

[12:55] {jfjf64} gotcha

[12:57] {jfjf64} any site en of mista obma

[12:58] {Threei} he is on TV

[12:58] {jfjf64} ty

[12:58] {nemo} telling about how the new sheriff is gonna' clean up the Wal street Corral

[12:58] {nemo} Wall

[12:59] {jfjf64} had tv off will leave it off

[12:59] {nemo} I never watch

[13:01] {jfjf64} alvr

[13:01] {Threei} (US) President Obama: Expects transformation of financial regulations on a scale not seen since the Great Depression (related EUR/USD TLT SHY XLF )

[13:02] {jfjf64} was watchin for break ofv .15 missed it

[13:02] {nemo} this should be futaftw

[13:23] {Threei} GS Redeems TARP (141.30, -2.86, -1.98%)

[13:23] {Threei} so, TARP is largely redeemed in a single day it seems, lol

[13:24] {nemo} well, GS got what went to AIG

[13:29] {Threei} (US) Rep Frank (D): Does not expect Congress to pass financial regulatory overhaul before the end of 2009 (related XLF )

[13:30] {Threei} I thought it was very urgent

[13:30] {nemo} when he saw what would happen to his re-election coffers, he changed his mind

[13:30] {nemo} BF's my Congressman :) :( :o!

[13:32] {jfjf64} careful nemo

[13:32] {nemo} what?

[13:32] {vinod} I am going to tell frank, nemo is not talking nice about you?

[13:33] {nemo} what didn't I say that was nice?

[13:33] {nemo} or, uncouth

[13:33] {nemo} lacking in decorum

[13:33] {nemo} what?

[13:34] {nemo} weasels

[13:34] {nemo} mmmhhh...oil is positive

[13:34] {nemo} $ falling?

[13:35] {jfjf64} svnt gettin ready for takeoff

[13:38] {nemo} wonder if the PPT can get the S&P to close over 920 today?

[13:38] {Threei} T. Boone Pickens plans to invest in a new auto company - Auto News

[13:38] {Threei} what new auto company?

[13:38] {Threei} General Mofordysler?

[13:39] {nemo} MoFo for short

[13:39] {Threei} MoFoEr

[13:39] {nemo} yeah, that works too

[13:39] {jfjf64} ya cut off vad

[13:40] {jfjf64} no more drinkin today

[13:40] {Threei} SVNT... believe it or now, last portion is still here

[13:40] {Threei} ok jf... it was time anyway

[13:40] {Threei} so now I am smoking-free, drinking-free...

[13:40] {jfjf64} im liken .75 svnt

06[13:41] * Threei is cheking out his back to make sure there are no wings forming

[13:41] {nemo} I'd be more worried about a tail

[13:42] {Threei} why would I worry about that

[13:42] {Threei} quite useful rudiment

[13:42] {nemo} ahhhh...o.k....don't want to know

[13:43] {Threei} The new auto company is staffed by former Mazda design chief Tom Matano plans to build "environmen... etc

[13:43] {nemo} wow...ppt striking early

[13:45] {Threei} lol

[13:45] {Threei} there is no other way to go up but PPT, right?

[13:48] {magoo} hellboy has a tail

[13:48] {Threei} any wings?

[13:49] {nemo} no

[13:49] {magoo} nope..cut his horns off too

[13:52] {dino} qcom to .15

[13:54] {nemo} best one in a while

[13:56] {dino} mtxx moving

[13:57] {dino} lol nemo, but yeah, true

[13:57] {nemo} almost a $

[13:57] {Threei} not sure why

[13:57] {Threei} interview hasn't started yet

[13:57] {nemo} PPT

[13:57] {Threei} PPT buying MTXX?

[13:58] {dino} it's there

[13:58] {nemo} Paulson's pulling the levers from John Hopkins...sure

[13:58] {Threei} now I've heard everything :)

[13:58] {nemo} Never met a conspiracy theory I didn't like

[13:58] {Threei} true

[13:58] {dino} out qcom +.94

[13:58] {Threei} my favorite is moon flight set in video studio

06[13:58] * magoo slaps dino around a bit with a large trout

06[13:59] * nemo slaps dino around a bit with a large roll of cash

[13:59] {dino} ouch

[13:59] {nemo} if getting whacked with cash hurts...geez

[14:00] {nemo} Personally, I'm a cash masochist

[14:00] {dino} that trout was old

[14:00] {dptl} have a good evening all

[14:01] {dino} cya dp

[14:01] {Threei} US Advisor Larry Summers: Fed did not 'cross the line' in emergency lending; power needs accountability

[14:01] {Threei} take care dp

[14:01] {Threei} INTC Plans to change chip branding, dropping Centrino brand name for PC systems - WSJ (16.21, 0.35, 2.21%)

[14:01] {Threei} who cares?

[14:02] {Threei} MTXX isn't over

[14:02] {Threei} probably aiming for 7

[14:02] {Threei} unless intrerview turns sour

[14:08] {magoo} mkts losing ground

[14:08] {magoo} carefyul

[14:09] {nemo} QCOM got an upgrade from GS today

[14:09] {jfjf64} nice pul bk mtxx any thing vad

[14:10] {nemo} a DT inside the Bollinger Bands, is that a tad negative?

[14:11] {Threei} .60 break worth a try'

[14:11] {jfjf64} stop at

[14:11] {Threei} what do you think?

[14:12] {jfjf64} below .50

[14:12] {Threei} :)

[14:15] {Threei} AXP Pays back TARP funds (24.37, -0.32, -1.30%)

[14:19] {Threei} I intend to sell half above /70

[14:20] {Threei} trying to squeeze more than scalp out of it

[14:20] {nemo} you weren't that top tick?

[14:20] {Threei} maybe too optimistic but what's my risk here

[14:20] {nemo} slippin'

[14:20] {nemo} .10

[14:20] {Threei} COF Redeems TARP (23.13, -0.02, -0.09%)

[14:20] {Threei} I am telling you...

[14:21] {Threei} half out

[14:21] {Threei} offering 1/4 .81

[14:21] {Threei} out 1/4 morw

[14:22] {jfjf64} nice nice

[14:23] {Threei} NTRS Redeems $1.576B in TARP

[14:23] {Threei} - The total purchase price included a final accrued dividend.

[14:23] {Threei} - The repayment is expected to r... (52.34, -0.39, -0.74%) more...

[14:26] {nemo} jazz...sheesh

[14:28] {magoo} rot or rip vad??

[14:29] {Threei} rip

[14:29] {nemo} sure feels that way

[14:29] {magoo} oh oh..first time u committed to rip in awhile

[14:31] {Threei} I just start falling in love with this PPT thingy

[14:31] {Threei} it's so darn convinient

[14:31] {Threei} anything different from what I think - it's PPT

[14:34] {jfjf64} mind me askin what ppt

[14:34] {nemo} Plunge Protection Team

[14:34] {Threei} Post Processing Tractor

[14:34] {jfjf64} where we buy that that on vads site

[14:35] {Threei} Peer Poking Torunament

[14:35] {nemo} WHAT!!

[14:36] {jfjf64} pretty perky t hmmm

[14:36] {Threei} People Peeping Through

[14:37] {jfjf64} like mine the best guys PPT YEAH

[14:37] {nemo} Prurient

[14:37] {nemo} bad interview I guess

[14:37] {Threei} hmmm... Iguess interview did turn sour, lol

[14:38] {jfjf64} yup

[14:38] {jfjf64} or did it

[14:39] {jfjf64} .50 break straight to 7

[14:41] {Threei} MTXX on CNBC

[14:41] {Threei} MTXX CFO: This came as a total surprise, believe the FDA's action is totally unwarrented - CNBC interview (6.48, 0.70, 12.11%)

[14:43] {Threei} - Blames reports of loss of smell on "other factors" than use of Zicam

[14:43] {Threei} I believe that

[14:44] {jfjf64} yikes

[14:44] {Threei} I never used Zicam but lost my feel of smell ever since they started handing out TARP money

[14:48] {dino} not helping the stock

[14:55] {magoo} um boss..we still on for the RIP

[14:55] {Threei} asking me??

[14:55] {Threei} PPT

[14:56] {magoo} piss poor traders?

[14:56] {Threei} good one

[14:56] {jfjf64} ditto lk it mags

[15:00] {jfjf64} this ppt could go for a cold one

[15:04] {Threei} MTXX seems to play out for today

[15:08] {jfjf64} vol died out

[15:11] {Threei} T. Boone Pickens: Oil to average $80-85 over the coming year (related USO )

[15:11] {Threei} {--- crying

[15:11] {magoo} me too

[15:11] {Threei} same guy who said oil will not lose 120, then "oil will never lose 100"

[15:11] {magoo} he was the guy who got rectume-ized

[15:11] {dino} yeah, and he went in heavy

[15:11] {Threei} haven't learned his lesson?

[15:12] {dino} altho, i agree w/the pickes' plan on natural gas

[15:12] {Threei} STT Reportedly redeems $2B in TARP funds - email (45.88, 0.87, 1.93%)

[15:12] {Threei} but of course

[15:12] {magoo} waiting on wells to do same vad

[15:18] {Threei} AMZN Reportedly may be hit with a new sales tax in North Carolina, sends warning letter to local affiliates warning they may be terminated due to taxes - local press

[15:18] {Threei} whoa

[15:31] {Threei} (US) FDIC's Bair: Praises new regulatory proposals from the Obama Administration, cites the administration's "inclusive approach"

[15:31] {Threei} - Market participants must understand that large institutions can and will fail.

[15:31] {Threei} - Effective resolution authority will be uniformly applied to institutions in a consistent manner.

[15:35] {jfjf64} lk vol spike svnt

[15:35] {Threei} can't et a read on it

[15:37] {jfjf64} .62 break for me

[15:41] {magoo} this RIMM dump makes the earnings play even more difficult

[15:41] {dino} pot gap around 91

[15:42] {Threei} White House Economic advisor Summers: can not rule out that some hedge funds will be categorized as "systemic" firms

[15:42] {Threei} {Hedge Funds} oh yeah? dump everything boyz, let's show'em

[15:42] {Threei} (US) Treasury Sec Geithner: There is no plausible alternative to the Fed as overseer of systemic risk

[15:42] {Threei} - Believes Fed's authority was inadequate in some ways, overhaul of financial sector regulations will clarify Fed's authority.

[15:42] {Threei} - Capital requirements is the most important part of the overhaul that does not require legislation.

[15:43] {Threei} they are overselling it

[15:43] {magoo} ok..ty vad, gotta leave early

[15:43] {Threei} 4 or 5 of them are working hard to convince us their plan is great

[15:43] {Threei} take care mags, nice day

[15:43] {Threei} even though disconnected

[15:44] {Threei} but a lot of trades worked nicely

[15:44] {magoo} yup..good day here

[15:44] {Threei} they just feel like separate trees

[15:44] {Threei} no forest

[15:44] {Threei} no single flow to the day

[15:44] {Threei} know what I mean?

[15:45] {Threei} CA) Canadian Fin Min Flaherty: Canadian economy looks quite good

[15:45] {Threei} oh shut up

[15:53] {dino} lol

[15:54] {fernp} good evening all. see you tomorrow

[15:54] {dino} gotta hop, tee time in 35

[15:54] {Threei} take care fern

[15:55] {Threei} okay guys

[15:55] {Threei} thank you all

[15:55] {Threei} have a good eening

[15:55] {Threei} see you tomorrow

[15:55] {jfjf64} good day

[15:58] {nemo} nite

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