Sep 09 2009

Slow climb continues, and as it's often the case in this type of the market, we are having profitable but somewhat boring days. Among all the usuals like HIG, AXL, GE etc, one momo trader was VVUS. I wanted to say "exciting" but one has to be careful speaking of this particular name.

Session Time: Wed Sep 09 00:00:00 2009

[07:50] {nemo} you there

[07:56] {magoo} morning

[07:56] {nemo} magus :)

[07:57] {magoo} cap'n

[08:06] {magoo} opxa selling off

[08:09] {Threei} September 09, 2009 12:11:00 AM

[08:09] {Threei} Aruba Networks Wireless LANs have been deployed by Britthaven

[08:09] {Threei} - Britthaven, Inc. has deployed adaptive Wi-Fi networks across 60 skilled nursing facilities and retirement homes in Kentucky, North Carolina, and Virginia.

[08:09] {Threei} - The facilities range in size from 37 to 250 beds, and many feature specialized therapy services and 24 x 7 admissions.

[08:09] {Threei} - Pharmacy management and access to clinical documentation are business-critical tasks that require secure, reliable connectivity.

[08:09] {Threei} ARUN Wedbush Morgan Raised ARUN to Buy from Hold, price target: $11

[08:16] {magoo} morn vad:)

[08:16] {Threei} mags :)

[08:20] {magoo} i believe AAPL has some news today, out yuetr?

[08:20] {magoo} yet

[08:20] {nemo} speaking french mags?

[08:21] {Threei} AAPL Apple Insider speculates that company to lowes prices accross the IPod product range at today's event

[08:30] {Threei} US) Fed's Evans: Recovery has begun in the US, expects unemployment to rise over 10%

[08:42] {Threei} jeez... look who is back on airwaves

[08:42] {Threei} US) Former Fed Chairman Greenspan: Could take until the end of 2009 before inventories are fully exhausted, expects "fairly pronounced" recovery in US and globally

[08:42] {Threei} - Excessive inventories remain in the system

[08:43] {Threei} some just can't shut up

[08:43] {Threei} it's as if they wake up in the morning and think, have I caused enough damage or I can do some more for my country

[08:46] {magoo} news HITK vad?

[08:46] {Threei} no

[08:47] {Threei} US) Fed's Evans: Unsure about the Fed's role in deflating asset bubbles

[08:48] {Threei} Note: Fed's Bernanke is firmly against the idea of using monetary to burst asset price bubble

[08:48] {Threei} do we hold our breath for them to acknowledge that the very Fed existence CREATES bubbles?

[08:49] {nemo} no

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

[08:53] {Threei} 6:01:41 AM

[08:53] {Threei} VIVUS, Inc Two Phase III studies in Qnexa met all primary endpoints

[08:53] {Threei} - The EQUIP and CONQUER studies met all primary endpoints by demonstrating statistically significant weight loss with all three doses of Qnexa, as compared to placebo. Patients taking Qnexa also achieved significant improvements in cardiovascular and metabolic risk factors including blood pressure, lipid levels, and type 2 diabetes.

[08:54] {magoo} hm..phase 3 good

[08:54] {magoo} 12 today ??

[08:55] {Threei} Tuesday, September 08, 2009 4:35:33 PM

[08:55] {Threei} VIVUS, Inc Trades higher after disclosing it will announce results of Phase III obesity drug trial tomorrow morning

[08:55] {Threei} - plans to announce the results from the EQUIP and CONQUER Qnexa phase 3 obesity clinical trials on September 9th prior to market open. The announcement will be followed by a webcast and conference call at 8:00 a.m. Eastern time.

[08:56] {magoo} big volume here

[08:57] {Threei} certainly candidate

[08:57] {Threei} - Qnexa is also in phase 2 clinical development for the treatment of type 2 diabetes. In the area of sexual health, VIVUS is in phase 3 development with avanafil, a potentially best-in-class PDE5 inhibitor, and in phase 2 development of Luramist for the treatment of hypoactive sexual desire disorder (HSDD) in women. MUSE (alprostadil), a first generation therapy for the treatment of ED, is already on the market and generating revenue for VIVUS.

[08:58] {Threei} VVUS is trying to return to former glory

[08:58] {Threei} used to be a hihgflier, somewhere in 90s, until Viagra came around

[08:59] {magoo} hypoactive sexual desire disorder (HSDD) in women. MUSE (alprostadil),

[08:59] {magoo} leave that alone

[09:01] {nemo} marriage causes it

[09:02] {magoo} just the opposite

[09:02] {magoo} hypoactive sexual desire disorder

[09:02] {magoo} desire

[09:02] {nemo} yeah opposite of hyper

[09:02] {Threei} Former Fed Chair Greenspan: Rising Gold prices is strictly a monetary phonomenon

[09:02] {nemo} duh

[09:03] {magoo} definately the player today vad

[09:03] {magoo} in .75

[09:04] {magoo} out .04

[09:04] {magoo} warmin up :)

[09:04] {Threei} hehe... beat you by 5 cents on entry and 1 on exit

[09:05] {magoo} going to regrett that exit im sure

[09:05] {magoo} rude lol

[09:05] {nemo} hehehe

[09:06] {nemo} too many jokes in this stock

[09:06] {Threei} not reentering it before open unless pulls back significantly

[09:06] {Threei} it's volatility on the open will be brutal

[09:06] {fernp} good morning everybody

[09:06] {Threei} fern :)

[09:07] {Threei} be back in

[09:07] {Threei} 10

[09:07] {Threei} behave

[09:07] {nemo} speaking of volatility, how's aig look

[09:07] {Threei} umm... wrong

[09:07] {Threei} don't misbehave!

[09:07] {nemo} define that please

[09:07] {fernp} ave

[09:08] {fernp} sorry.. wrong windows

[09:08] {magoo} not so good imo..aig

[09:08] {magoo} sheesh

06[09:08] * magoo slaps fernp around a bit with a large trout

[09:08] {dino} gm all

[09:10] {nemo} lari dino :)

[09:10] {larisa} good morning :)

[09:10] {dino} :)

[09:17] {nemo} mags..aig may have double bottomed

[09:19] {Threei} dino, larisa :)

[09:20] {larisa} :)

[09:22] {dptl} good morning all

[09:24] {larisa} gm dp

[09:24] {Threei} dp :)

[09:24] {ese} good morning.........

[09:24] {Threei} ese :)

[09:25] {ese} looked at the pictures last night vad........love em.......especially some of the especially ones

[09:25] {ese} the individual ones

[09:25] {Threei} good to hear :)

[09:26] {Threei} let me know if you need any of them in hi res

[09:26] {ese} definately.....would like to get some of them up on the website and hopefully into a promo package

[09:27] {Threei} cool beans

06[09:27] * Threei changes his profession

[09:28] {ese} indeed........

[09:28] {Threei} couldn't bring myself to buy VVUS on this last pullback

[09:28] {Threei} you mags?

[09:29] {Threei} guys keeop AXL on a backburner somewhere

[09:29] {Threei} break of 6

[09:29] {Threei} cionsolidates for days

[09:30] {nemo} mags...aig

[09:30] {magoo} not interested in it here

[09:30] {nemo} had nice bounce

[09:31] {ese} FIG

[09:35] {dino} smg

[09:35] {Threei} great

[09:35] {Threei} look what I typed

[09:35] {Threei} Long Setup: HIG .15

[09:36] {nemo} neural implant

[09:36] {nemo} you get back in vvus at .80 mags?

[09:36] {nemo} 10.80 that is

[09:37] {Threei} 12 is coming

[09:38] {Threei} HIG pullback

[09:38] {Threei} see if it dives under .20

[09:38] {Threei} try for long entry as close to .10 as possible

[09:39] {ese} l sndk .82

[09:41] {ese} out sndk .96 +.14

[09:42] {Threei} NVAX Hearing takeover chatter circulating

[09:42] {Threei} - Novartis rumored as potential acquirer (6.18, +0.18, 3.00%) (related NVS )

[09:42] {Threei} anyone caught HIG?

[09:43] {ese} not I....was into sndk

[09:44] {ese} L nvax .15

[09:44] {fernp} i am in HIG from .17

[09:44] {Threei} you have 1:2

[09:44] {magoo} missed..was playin vvus

[09:45] {fernp} ty Vad exited .30

[09:45] {Threei} :)

[09:45] {Threei} good reflexes

[09:46] {Threei} AIG still not shirtable

[09:46] {Threei} thought on .50 short

[09:46] {ese} out NVAX .24 +.09

[09:46] {Threei} invalidated anyway, lol

[09:46] {magoo} no shirt..no service lol

[09:46] {nemo} no tickee

[09:47] {Threei} CSIQ Announces 10 MW Co-Operation Memorandum of Understanding with LG in Korea

[09:47] {ese} opps make that .235 to be exact

[09:47] {ese} tks for that one vad

[09:48] {Threei} never called it... it was all you

[09:48] {ese} wasn't it you who posted the news item

[09:48] {Threei} VVUS... pace pick up

[09:48] {ese} ?

[09:48] {ese} got me onto it

[09:48] {Threei} okay...

[09:49] {Threei} VICL Hearing takeover chatter

[09:49] {Threei} - TEVA rumored as potential acquirer above $10/shr (5.13, +0.11, 2.19%) (related TEVA )

[09:49] {Threei} what the

[09:50] {Threei} rumor city

[09:51] {fernp} SYMC interesting daily and and breaking .65 right now

[09:53] {magoo} who ever liked AIG had good read

[09:53] {magoo} im just focudsed vvus

[09:53] {magoo} 13 im thinking

[09:55] {Threei} HIG, watch for pullback under .50

[09:55] {magoo} bummed missed that..NICE vad

[09:55] {Threei} thinking entry near .40, maybe even lower

[09:55] {magoo} im in vvus rd 3

[09:55] {magoo} .95

[09:56] {Threei} was tough to alert exact entry mags

[09:56] {dino} ems

[09:56] {ese} i like HITK but the spread....sheesh

[09:56] {magoo} vvus is tough to handle with others'

[09:56] {magoo} out .24

[09:57] {ese} like that .16 cents .......no thanks

[09:58] {magoo} rd 4 in .20

[09:59] {magoo} oput .34

[09:59] {magoo} will look to reload

[10:01] {ese} L orcl .12

[10:01] {ese} yesterdays high

[10:02] {Threei} Long Setup: HIG .50 break

[10:02] {Threei} if holding .40

[10:04] {Threei} Long Setup: VVUS .50 half lot

[10:04] {Threei} if holding .30

[10:05] {magoo} in hig-mont

[10:05] {Threei} Long Setup: VVUS .15 half lot

[10:05] {Threei} if holding 12

[10:06] {ese} out orcl .17 +.05

[10:06] {dino} sm s rcl .80

[10:06] {magoo} JAZZ playin

[10:07] {ese} indeed it is

[10:08] {Threei} no go VVUS

[10:08] {magoo} read on JAZZ vaz?

[10:08] {Threei} kidding?

[10:08] {nemo} 1:1 hig

[10:08] {magoo} i never kid on MOMO

[10:09] {dino} ems

[10:10] {dino} stec

[10:11] {fernp} TY Vad +.10 HIG

[10:11] {dino} nflx

[10:11] {Threei} this time not looking for entry abiove .40 HIG

[10:11] {Threei} want it lower

[10:12] {Threei} wow

[10:12] {magoo} was there hig news?

[10:12] {nemo} what wow?

[10:12] {Threei} NFLXC news some 8 min ago

[10:12] {Threei} why spike now

[10:12] {Threei} NFLX Exec: Seeing strong earnings growth due to streaming business; FY09 earnings seen growing above +10% mark

[10:12] {Threei} - Streaming video segment is seen as gaining traction (41.62, +0.14, 0.34%)

[10:13] {Threei} nothing fresh on HIG mags

[10:13] {nemo} bouncing off yesterday close

[10:13] {magoo} like everything

[10:15] {ese} Lener pullback

[10:15] {ese} .04

[10:17] {_slentz} still in hig ?

[10:18] {Threei} not me, scalping mode

[10:18] {Threei} 1:1 is hit, out

[10:18] {magoo} whats 1:1 mean again?

[10:18] {Threei} sigh

[10:18] {Threei} someone slap him for me please

06[10:19] * nemo slaps magoo around a bit with a large nail infested 2X4

[10:19] {Threei} NVAX goes a bit crazy

[10:20] {ese} now that was funny mags

[10:23] {Threei} HIG becomes more inteersting for another entry

[10:23] {Threei} not quite reaADY YET

[10:24] {dino} hl s smg .25

[10:28] {ese} L ener again avg price .91

[10:33] {Threei} moves are somewhat strange, tough to nail down entries

[10:33] {Threei} HIG for instance:

[10:33] {Threei} price wise, it did what I wanted and expected,

[10:33] {Threei} diving under .40 and giving scalpable bounce

[10:34] {Threei} but volume and pace were so steady, no clean read on entry

[10:34] {Threei} NFLX again

[10:42] {dino} amed l .50

[10:42] {dino} hl

[10:43] {ese} L ener avg price .86

[10:43] {Threei} About $20B Loaned to GM, Chrysler Probably Will Not Be Repaid

[10:44] {Threei} hmmm... why?

[10:44] {Threei} Long Setup: BRCM .50 break if holding above .40

[10:45] {Threei} for hardcore scalpers .45

[10:45] {dino} smg to .01

[10:46] {dino} to .95

[10:46] {dino} to .85

[10:47] {dino} cov, +.40 smg

[10:47] {Threei} lol... VVUS morning hysteria took attention from AXL

[10:47] {Threei} anyone played it?

[10:47] {larisa} no, but i noticed it worked :)

[10:47] {Threei} [09:29] {Alert} Threei guys keeop AXL on a backburner somewhere

[10:47] {Threei} [09:29] {Alert} Threei break of 6

[10:47] {Threei} [09:29] {Alert} Threei cionsolidates for days

[10:51] {dino} amed to .74

[10:52] {dino} out amed .80, +.30

[10:54] {Threei} Long Setup: AXL 6.05 break

[10:54] {Threei} if stays above 6

[10:55] {dino} cisg hl l .90

[10:56] {dino} .oo i mean

[11:00] {dino} cisg stuck, tighten to .88

[11:02] {dino} rcl stopped -.23

[11:04] {ese} l qqqq's .03

[11:09] {ese} out qqqq's .02 -.01

[11:10] {Threei} you are not giving them too long leash, are you :)

[11:10] {dino} esi sm l .70

[11:10] {larisa} MTXX why is it happy ?

[11:10] {ese} no not today.....although i was watching ener yesterday and am setting up for a long play here

[11:11] {Threei} no news larisa

[11:11] {Threei} maybe it smoked something nice

[11:12] {Threei} or maybe another round of rumors about FDA and sense of smell

[11:12] {fernp} 1:1 AXL ty Vad

[11:12] {Threei} ese... if you took AXL in your usual fashion, tick over .10 gives you about all you need to 20K little buggers

[11:12] {Threei} fern :)

[11:12] {ese} will look at that

[11:12] {Threei} ummm

[11:12] {Threei} too late

[11:12] {Threei} call was .05

[11:12] {dino} cisg stopped -.13

[11:13] {Threei} I thought you'd be interested, it's very your style play

[11:13] {Threei} big liquidity, easy to play nice size

[11:13] {Threei} clean breakout

[11:13] {Threei} here we go

[11:13] {Threei} over 1:1

[11:14] {ese} L axl .1099 to be exact

[11:14] {_slentz} stay in

[11:14] {Threei} not me

[11:14] {Threei} I am still in scalping mode

[11:17] {Threei} 1:2

[11:17] {ese} out axl .15

[11:17] {Threei} for those who held which is not me :)

[11:17] {Threei} lol ese

[11:17] {ese} +.04 10k

[11:17] {Threei} you bought where I said to sell IF you had bought where I called it

[11:17] {Threei} and still made money

[11:17] {_slentz} out .15

[11:17] {Threei} those drummers...

[11:18] {ese} tks vad

[11:18] {Threei} welcome of course... but please... don't chase my calls that much

[11:19] {ese} WHAT?????

[11:19] {Threei} lol

[11:19] {Threei} ok, lookie here

[11:19] {Threei} 10:54] {Alert} Threei Long Setup: AXL 6.05 break

[11:19] {Threei} [10:55] {Alert} Threei if stays above 6

[11:19] {Threei} that was original call

[11:20] {ese} that one put me over the $1000 for today....time to go into work

[11:20] {Threei} then, thinking that you may have liked it and entered I commented for tou

[11:20] {Threei} that tick over .10 gives you exit for 1;1

[11:20] {Threei} didn't mean for you to BUY there, lol

[11:20] {magoo} theres that 1:1 again...confused

[11:20] {Threei} but hey... whatever oputs you over $1000

[11:21] {Threei} mags... let me add to your confusion and say it's at 1:2 already

[11:21] {magoo} oy

[11:21] {Threei} and coming onto 1:3

[11:21] {Threei} ese... see now what happened?

[11:22] {ese} hmmmmmmmm.......naw....stick wih the plan

[11:22] {ese} drys going nuts

[11:23] {Threei} I mean misundferatdning about how to play AXL

[11:23] {ese} ahhhhhhhh gotcha

[11:26] {ese} one of the biggest things i've learned here vad.........

[11:27] {ese} even though i can see that i would have made $1300 dollars here

[11:27] {ese} in axl

[11:27] {ese} it doesnt bother me

[11:27] {Threei} :)

[11:28] {ese} i have my tiddy little 3 to$400 profit

[11:28] {Threei} traders deal in reality

[11:28] {ese} thats good enough

[11:28] {Threei} "what if" is for analysts

[11:28] {ese} definately......

[11:28] {Threei} or, as gunslingers in novel I and dino liked said,

[11:28] {Threei} we deal in lead

[11:28] {Threei} cute... lol

[11:28] {ese} am very relaxed that way.......

[11:29] {ese} ha hah lol

[11:29] {ese} too funny

[11:29] {magoo} ok..i have to leave for rest of day..ty vad..everyone..good day..see u all tomorrow

[11:29] {dino} lead, ahh yes

[11:29] {Threei} magoo read that too but I don't want to acknowledge magoo can read

[11:30] {Threei} take care mags :)

[11:30] {dino} magoo does not read

[11:31] {Threei} and I still haven't forgiven him for not watching movie I recommnded 5 years ago

[11:32] {magoo} my wife says write it down and she'll rent it..but sghe cabt read me wreitin

[11:32] {Threei} no qwonder... who could

[11:33] {magoo} :0

[11:33] {ese} by the way dino...bought my new Taylor Made Burnner driver 460cc bullet shaped head regular flex

[11:33] {ese} 2008 model

[11:34] {ese} went to a club fitting place made the shaft with my swing and also matched it up with a Bridgestone ball

[11:34] {ese} matched

[11:36] {dino} sweet

[11:36] {Threei} US Treasury's Geithner: Americans had spent too much and invested too little in the past; Americans beginning to save once more

[11:36] {Threei} - Calls for US to regain educational lead

[11:36] {Threei} can't even beging telling how much this guy irritates me

[11:36] {ese} how about canadians on that point as well

[11:37] {Threei} maybe it's age... a lot of people irritae me, lol

[11:37] {larisa} those who invested a lot not happy these days also :)

[11:37] {Threei} heck, my own reflection in the mirror/...

[11:37] {Threei} no kidding larisa

[11:38] {dino} bingo larisa

[11:38] {Threei} and if/when they start monetizing debt and inflating their way out of it, those who kept money in the mattress won't be happy either

[11:38] {dino} if they invested more would have lost more

[11:39] {ese} dino .....my golf post above

[11:39] {Threei} BRCM...

[11:39] {ese} will have to take the club back if i don't get your approval

[11:40] {dino} smlc

[11:40] {dino} hitk

[11:40] {dino} tru

[11:41] {dino} es saw it "sweet", enjoy buddy

[11:41] {ese} ahhhhhhhhh can rest easy

[11:41] {dino} lol. busy here

[11:42] {Threei} US Senator Baucus(D): Can move forward on healthcare reform without republican support - unconfirmed report

[11:42] {Threei} translation: can... but scared to death

[11:44] {dino} my bet 3i, is they will.a beer on it

[11:45] {dino} hitk nemo or es?

[11:46] {ese} was watching it

[11:46] {ese} spread drove me crazy though ealier

[11:46] {dino} esi to .10

[11:47] {ese} up to 16 pts at one point

[11:47] {dino} make it .20

[11:47] {dino} hitk? 16

[11:48] {ese} if the stock is over 100 ok ...but a 20 dollar stock?????

[11:48] {ese} basic spread right now seems to be .06

[11:49] {dino} out esi .20, +.50

[11:49] {ese} nice

[11:49] {dino} ty

[11:50] {Threei} 78% Say All Americans Should Be Able To Buy The Health Insurance That Congress Has

[11:52] {dino} lol i'm sure they can buy it, but can they afford it?

[11:52] {dino} congress gets it for free

[11:52] {ese} it should be free to you as well dino

[11:53] {Threei} dino, I'll take the bet

[11:53] {ese} i'm from saskatchewan where health care was initialted here in canada

[11:53] {Threei} nearest cruise we meet on, beer on a losing side

[11:54] {dino} ok

[11:54] {ese} Tommy Douglas....premier of the province .......

[11:54] {Threei} my bet:

[11:55] {ese} measure of a civilized society.......takes care of it's own

[11:55] {Threei} dems won't risk pushing through full blown plan with public option without republicans support

[11:55] {larisa} Social sec, medicare were passed without republicans in the past.

[11:56] {Threei} hey... we are not arguing... we are betting :)

[11:56] {dino} i'm afraid it's a tax issue es. govt already broke on medicare, medicaid, and soon social security

[11:56] {ese} hmmmmmmm

[11:57] {dino} weell 3i, they will get one orvtwo republicans, imo

[11:57] {dino} but sure bet on

[11:57] {Threei} with public option - no way

[11:57] {Threei} the only way something gets done is heavy compromise

[11:57] {Threei} on bnoth sides

[11:57] {Threei} and public option will be first vicitm

[11:57] {dino} i think they ram it thru. we'll see. i am wrong every day

[11:57] {Threei} BRCM invalidated

[11:58] {ese} well .....hmmmmm.............producing a few less supersonic attack aircraft should od it for you........of course you can just buy the stock and away you go.......hmmmmmmm

[11:58] {ese} ya......forget it

[11:59] {dino} lol. we are talking trillions. i suppose just print it. what the heck obama running deficits higher than last 20 years combined

[12:00] {dino} but as you see, i am a supply sider, reagan had it right

[12:00] {Threei} well... there is that one little problem with printing... :)

[12:00] {dino} anyway back to work

[12:00] {Threei} yeah

[12:00] {Threei} let's leave them to argue

[12:01] {dino} right, doesn't matter what i think. when 43% don't pay any taxes, my voice gets drowned out

[12:02] {Threei} yup... old political game... buy votes by redistribution,

[12:02] {Threei} build your base by giving out to many what you take from few

[12:02] {Threei} few will be irritated but their votes are few

[12:02] {dino} rcl hl s .52 last try

[12:02] {Threei} many will get little but will vote en masse

[12:04] {dino} thats why he spoke to the school kids about responsibility and education, they will need it to pay off these debts he is creating, lol

06[12:17] * Threei slaps laserdave around a bit with a large alarm clock

[12:20] {nemo} frickin power outage, how much I miss?

[12:21] {Threei} ummm

[12:21] {Threei} fighting temtation to tell you "5 plays, 12 bucks each"

[12:21] {Threei} but in reality, AXL nice move is all

[12:21] {nemo} that I wouldn't believe

[12:21] {nemo} that I would believe

[12:21] {Threei} BRCM invalidated, never triigered

[12:22] {Threei} and we discussed whether magoo can read

[12:22] {Threei} and decided that no, he can't

[12:23] {nemo} for some reason lrn comes up when I start up laser..It was a nice short at 11:45

[12:26] {Threei} you must have put it on your screen at some point before re-saving layout

[12:26] {nemo} yeah

[12:26] {Threei} layout saves all the changes you made plus symbols you have on at the moment

[12:27] {nemo} hey, I just got an email in russian. I'll send it to you. Have no idea what it says

[12:31] {Threei} you don't want to

[12:31] {nemo} figured

[12:31] {Threei} and for pete's sake don't click any links in it

[12:32] {nemo} Nope

[12:34] {Threei} NFLX Time Warner CEO: Netflix does not give us "the right economics"

[12:34] {Threei} huh?

[12:37] {Threei} ONXX CEO: Expects to release breast cancer data soon (33.04, +0.61, 1.88%)

[12:39] {Threei} VVUS again...

[12:40] {nemo} jeez aig had a nice run this morning with that bull flag

[12:41] {dino} jdas s .04

[12:45] {dino} jdas to flat

[12:59] {Threei} market is immobile for an hour and half

[12:59] {Threei} but consolidates at high

[12:59] {dino} jdas to .92

[13:00] {nemo} next resistance .85 dino?

[13:00] {Threei} bears counting on september being historically bad month andf all this crap, are in for another round of pain

[13:00] {dino} just trailing tight nemo, to .90

[13:02] {dino} feels like whoosh down coming

[13:02] {dino} ion jdas

[13:02] {dino} in

[13:03] {nemo} gets through .85 probably .55 anyway

[13:03] {dino} lets hope

[13:03] {dino} tighten to .88

[13:03] {nemo} sorry, too old for hope

[13:04] {dino} good point

[13:04] {Threei} "Hope dies last"

[13:04] {dino} hope is the enemy

[13:04] {Threei} which means no one is too old for hope... it's outlive you anyway

[13:04] {dino} trust, but look for exits

[13:04] {dino} to .86

[13:05] {Threei} yeah... "The nights are quite in Ukraine but let's re-hide the pork bellies"

[13:05] {Threei} quyiet

[13:05] {Threei} quiet

[13:05] {nemo} skip it

[13:05] {Threei} there... just third try

[13:05] {dino} lol

[13:06] {Threei} communicating with magoo too much...

[13:06] {dino} to .84 stingy exits

[13:06] {dino} ugh, ave out .87, +.17

[13:07] {dino} vad, pull the plug on rcl

[13:07] {dino} gold drop

[13:07] {Threei} what do you want from it?

[13:08] {Threei} RCL

[13:08] {dino} i'm short at .52

[13:09] {Threei} ok

[13:09] {Threei} let's see what we can do

[13:09] {Threei} why is it happy anyway

[13:10] {Threei} it's not like people book cruises left anfd right... do they?

[13:10] {Threei} hmmm

[13:10] {Threei} VVUS Hearing JMP Securities raises price target to $18 from $11 (timing uncertain)

[13:10] {Threei} - reiterates Outperform rating (11.85, +4.94, 71.49%)

[13:10] {Threei} VVUS Hearing downgraded to Hold from Buy rating at Canaccord (timing uncertain) (11.80, +4.89, 70.77%)

[13:10] {Threei} whatever

06[13:12] * Threei hits RCL over the head with big reminder that people have no money for fancy cruises

[13:12] {dino} ty

[13:13] {nemo} frickin shakeout in jdas...thought that might be...that spike was only 3k shares

[13:13] {dino} cby

[13:13] {dino} there are better worlds

[13:14] {nemo} just for edumacation

[13:14] {dino} miised cby

[13:14] {dino} and missed too

[13:14] {nemo} Mises cby :)

[13:16] {Threei} GSK FDA advisory panel backs Cervarix for effectiveness; prevents cervical cancer (39.25, +0.23, 0.59%) (related MRK )

[13:16] {nemo} cat on a steady climb today too

[13:30] {Threei} better RCL

[13:31] {dino} y

[13:34] {dino} shw

[13:38] {laserdave} GS intersting guys

[13:38] {laserdave} no idea if you already talked about it

[13:39] {laserdave} its failed at 170$ quite a few times

[13:39] {Threei} we didn't

[13:39] {Threei} no one is supposed to talk about GS

[13:39] {laserdave} 52 week high also 170.94

[13:39] {nemo} when did you institute that rule

[13:39] {laserdave} i know its a tuff trader that one

[13:39] {nemo} 170 is R3

[13:40] {Threei} it's a rule of universe

[13:40] {laserdave} haha

[13:40] {Threei} speak not of GS, lest you be spoken of by it

[13:40] {nemo} GS your daddy vad

[13:40] {laserdave} ummm gs has spoke to me before

[13:40] {laserdave} he wasnt very nice

[13:41] {Threei} that's heavy drinking dave

[13:42] {laserdave} GE 15$ level

[13:44] {nemo} bid's seem to be garnering most of the interest on GE

[13:49] {Threei} wow

[13:50] {Threei} just how much buying can it take to move 1 cent, lol

[13:50] {nemo} you mean ge?

[13:50] {Threei} what else is being discussed ?

[13:51] {nemo} gs

[13:51] {Threei} woohoo

[13:51] {Threei} 3 cents

[13:51] {nemo} be nice vad

[13:51] {Threei} huh?

[13:51] {nemo} LD trades like ese

[13:51] {Threei} is today some drandiose holiday I am not aware about?

[13:52] {nemo} poor Dave, no wonder he never pipes up

[13:54] {ese} outta here all.....see ya tomorrow

[13:54] {Threei} take care ese

[13:54] {fernp} bye ese

[13:55] {dino} cya es

[13:55] {nemo} ese

[13:56] {Threei} Fed's Fisher: Lack of pricing power keeping inflation lower; Fed should not buy more treasuries

[13:57] {Threei} Comments that deflation is biggest risk to price stability

[14:00] {Threei} FED'S BEIGE BOOK: 5 OF 12 DISTRICTS NOTED SIGNED OF IMPROVEMENT

[14:01] {Threei} - Tight credit standards in most districts; wage pressures minimal in all districts with loan demand

[14:03] {Threei} GSK FDA panel voted 11-1 for Cervarix safety (39.29, +0.27, 0.69%)

[14:15] {Threei} GE becomes interesting for bounce scalp

[14:16] {nemo} poor dave

[14:17] {dino} rcl to .33

[14:18] {Threei} this should be last leg down in GE

[14:19] {Threei} in .79

[14:19] {Threei} stop .74

[14:20] {Threei} US Rep Frank; Sees unlikely that a sugar(soda) tax will be implementedin the health care reform bill (related HANS )

[14:21] {dino} to .24

[14:22] {dino} out/cov rcl +.28

[14:22] {Threei} wtg

[14:23] {dino} ty

[14:23] {Threei} stop to .77

[14:25] {Threei} lol, 2 cents stop

[14:25] {Threei} talk about tight risk control

[14:26] {Threei} ciould just as well take 4 cents profit? {G}

[14:29] {Threei} was it out of bounds print?

[14:29] {Threei} I never saw price actually moving to .89

[14:29] {dino} dk

[14:30] {fernp} no. never touched .89

[14:31] {Threei} ty

[14:31] {Threei} 1;1 btw

[14:31] {dino} shw hl l .20

[14:31] {fernp} ty I am out

[14:32] {Threei} out too

[14:32] {Threei} if I may say so myself, impeccable timing on entry

[14:32] {Threei} Market Internals update at 2:30pmET

[14:32] {Threei} - NYSE volume 795M shares, about 14% above its three-month average; advancers lead decliners by 2.2:1.

[14:32] {Threei} - NASDAQ volume 1.82B shares, about 19% above its three-month average; advancers lead decliners by 2.1:1.

[14:32] {Threei} - VIX index -3.7% to just over 24.50

[14:32] {nemo} easy on the shoulder vad

[14:33] {Threei} US President Obama in speech to Congress later today will reportedly call for a public health option as part of reform (related IYH )

[14:34] {Threei} Scilla and Charibda...

[14:34] {nemo} yeah, and the siren song of the Messiah

[14:36] {dino} gj

[14:39] {dino} shw stopped -.25

[14:41] {jmb} Thanks for GE Vad

[14:41] {Threei} :)

[14:41] {Threei} let's all slap nemo?

[14:42] {nemo} why?

[14:42] {Threei} well... I don't even know where to begin

[14:42] {nemo} that's my point

[14:42] {Threei} simplest way to put it would probably be:

[14:42] {Threei} why not?

[14:42] {nemo} sure life's not fair...have at it

[14:44] {dino} roflol

[14:45] {nemo} let's see.....er 10 30 round magazines

[14:45] {nemo} box of 1000 rnds, 223

[14:45] {nemo} mmmhhh...12 gauge..yeah...good

[14:45] {dino} my son is taking the safety course this week

[14:46] {nemo} how old is he

[14:46] {dino} 12

[14:46] {nemo} top 3 issues: safety, safety, safety

[14:46] {dino} amed hl l .40\

[14:47] {dino} yes nemo, indeed

[14:47] {dino} i'll be w/him, he just gets to carry his rifle this year(provided he passes the test)

[14:48] {Threei} I hope one to to meet a RE agent who said location location and location and explain to him that it's not three things - it's one thing repeated three times

[14:48] {nemo} what caliber?

[14:48] {nemo} oy, subtleties of the English language

[14:48] {Threei} and if I need a basebal bat to eplain that, so be it

[14:48] {nemo} hehehehe

[14:48] {dino} he'll have 44 mag. me 7mm08

[14:49] {nemo} ahhhh 308 version of the .270

[14:49] {Threei} VVUS pace increase

[14:49] {Threei} Fed's Fisher: Expects positive economic growth in Q3 and Q4 of 2009

[14:49] {Threei} wow, really?

[14:50] {Threei} recession's over then?

[14:51] {dino} well, considering in summer 08 he said all was well

[14:51] {Threei} but warns that 2010 remains unclear on growth

[14:51] {Threei} - Refrains from commenting on the USD, noting only that it "comes and goes"

[14:51] {Threei} lol

[14:51] {dino} so most likely he's a year off again

[14:52] {Threei} yeah, I love the recording of Ben saying housing is about to bottom, and reverse,

[14:52] {Threei} the only problem is, that was

[14:52] {Threei} in the spring of 2007

[14:52] {Threei} HITK Reports Q1 $0.73 v $0.27e, R$43.4M v $32Me - filing (unclear if comparable)

[14:52] {Threei} - Sales of generic pharmaceutical products +193% y/y

[14:53] {nemo} His favorite saying is probably, "There's no place like home..."

[14:53] {Threei} what a strange time to report

[14:53] {dino} was out pre-mkt

[14:53] {Threei} hmm

[14:54] {dino} cyber 8:00 am

[14:54] {Threei} my wire missed it then

[14:54] {Threei} so they overcompensate now :)

[14:54] {Threei} thought it was streange

[14:54] {Threei} big gap, and no reaction now

[14:54] {dino} another boost i guess

[15:02] {dino} ebix gap fill fri close

[15:04] {Threei} VVUS... we need magoo

[15:04] {Threei} he will cry bitterly tomorrow seeing this

[15:05] {Threei} and wulff, I hope he is catching these movers

[15:05] {Threei} now, where is our italian traveller

[15:05] {Threei} his style too... anyone remembers when he promised to be back?

[15:06] {dino} ebix drop

[15:07] {dino} they are pushing the trader tax in congress again, .25 basis points

[15:08] {dino} 25 basis points i mean

[15:08] {Threei} imbecils

[15:08] {dino} yes

[15:12] {Threei} EBAY CFO: to set a minimum standard for sellers on eBay - Citigroup conf comments

[15:14] {Threei} Plane hijacked in Mexico

[15:20] {dino} ebix drop again

[15:21] {dino} bit wide

[15:22] {dino} v sm wide l .71

[15:27] {Threei} hard to tell whether VVUS has it in for a last run

[15:27] {Threei} but ti sure is trying

[15:27] {dino} amed to .49

[15:28] {Threei} .30 held as resistance a few times over last 5 min or so

[15:29] {Threei} and .15 support...

[15:29] {Threei} so if you are in the mood for this try

[15:29] {Threei} half lot

[15:29] {Threei} .30 break long

[15:30] {dino} in the mood huh, lol

[15:30] {Threei} well, it's a stock requiring magoo-mood :)

[15:31] {dino} indeed

[15:31] {dino} frs drop

[15:31] {Threei} Market Internals update at 3:30pmET

[15:31] {Threei} - NYSE volume 930M shares, about 11% above its three-month average; advancers lead decliners by 2.3:1.

[15:31] {Threei} - NASDAQ volume 2.14B shares, about 19% above its three-month average; advancers lead decliners by 2.1:1.

[15:31] {Threei} - VIX index -4% to just over 24.50

[15:33] {Threei} not enough oomph

[15:42] {dino} ebix stopped

[15:43] {dino} respect the strikes

[15:48] {dino} amed to .60

[15:49] {dino} out +.20

[15:52] {Threei} OPEC Sec Gen: Fluctuations in value of USD are a point of concern

[15:52] {Threei} lol, if it was said by anyone else I'd just nod

[15:52] {Threei} but coming from OPEC...

[15:53] {Threei} can't help but say, look who is talking

[15:53] {dino} seems to me weak dollar drives up oil prices

[15:55] {nemo} yep

[15:56] {fernp} good evening everybody. see u all tomorrow

[15:56] {Threei} take care fern

[15:56] {dino} cya fern

[15:57] {Threei} thank you all, have a good evening

[15:57] {Threei} see you tomorrow

[15:57] {nemo} nite

[15:57] {larisa} bye :)

[15:58] {dino} gn all and thx

[16:02] {dptl} have a good evening all

Sep 08 2009

Not bad for the opening of a new trading season: a few scalps on GE, LVS, QQQQ, NVAX, couple tight stops (when I say tight I mean it - 5 to 10 cents), and one nice 50 cents trade on OPXA short. So far so good.

Session Time: Tue Sep 08 00:00:00 2009

[08:03] {magoo} morning
[08:04] {nemo} mornmags
[08:17] {Threei} Las Vegas Sands Corp Completes pre IPO financing
[08:17] {Threei} - Has closed and funded its previously announced $600 million pre-IPO financing transaction. The company said it has the flexibility to utilize the net proceeds from the issuance of the bonds for general corporate purposes.
[08:17] {nemo} think I'll channel mags..."We in anything boss?"
[08:18] {Threei} BLTXX Baltic Dry Bulk Index: Rises just under 1.5%; fourth straight increase
[08:19] {Threei} lvs
[08:19] {nemo} $ looks ugly
[08:37] {brian3579} gm all
[08:37] {Threei} brian :)
[08:37] {nemo} borg
[08:41] {nemo} aig continues it's descent
[08:58] {magoo} gE upgrade
[08:59] {Threei} General Electric Co JPMorgan Raised GE to Overweight from Neutral, price target: $17
[08:59] {Threei} - See name as one of last heavily shorted names to recover in equity upturn.
[08:59] {Threei} - Firms Upgrade is based on an attractive relative risk/reward, mostly on sentiment, as one of the last stocks for which a little good news can still go a long way. In the look for non-consensus, catch-up stories, GE stands out as the last, in our view.
[09:00] {Threei} SVA Obtains Lot Release Certificate for Its First Batch of H1N1 Vaccine (9.14, 0.00, 0.00%)
[09:03] {Threei} - first lot of PANFLU.1, its H1N1 vaccine, has passed the lot release process of China's National Institute for the Control of Pharmaceutical and Biological Products and obtained the Certificate for the Release of Biological Products, which means the released vaccines are ready for delivery.
[09:03] {magoo} AIG downgrade
[09:03] {Threei} yeah, with target 15
[09:04] {Threei} so we now have targets 200 and 15 for it
[09:04] {Threei} I am confused
[09:04] {magoo} nice :(
[09:04] {magoo} yea..a lot of help there
[09:04] {Threei} American International Group, Inc Credit Suisse Cuts AIG to Underperform from Neutral, price target: $15.00
[09:04] {Threei} - Firm discloses near term monetization of value of businesses suggests little to no value for common equity
[09:05] {magoo} unfortunately, 15 seems more likely
[09:05] {Threei} it was getting old anyway
[09:05] {Threei} new plays are in town
[09:06] {nemo} can't short it still
[09:06] {Threei} LVS and GE on watch
[09:06] {nemo} by the way...money never gets old
[09:06] {larisa} good morning :)
[09:06] {Threei} half eye on SCLN
[09:06] {Threei} larisa :)
[09:06] {nemo} cmon, you got three
[09:08] {magoo} GE could be the one..a pointer
[09:08] {magoo} traders play it hard
[09:08] {Threei} but of course - target 17
[09:09] {fernp} good morning everybody
[09:09] {Threei} fern :)
[09:10] {Threei} before trading day started,
[09:10] {Threei} http://www.realitytrader.com/photography/
[09:13] {dino} gm all
[09:13] {nemo} beautiful spot
[09:14] {Threei} dino :)
[09:14] {dino} opxa, osir
[09:15] {nemo} wow, $ down big
[09:16] {ese} good morning......and thank you Vad for taking some pics of the show yesterday.
[09:16] {Threei} ese :)
[09:16] {Threei} fantastic performance
[09:17] {ese} just saw the email and will get a chanct to look at them a litle later
[09:17] {Threei} okay :)
[09:17] {ese} thank you.....i play ok for an old guy]
[09:19] {fernp} nice pics vad. Are you going to buy one of those floating-houses? :-)
[09:19] {Threei} well, I looked at the prices, but as soon as my wife saw me looking at them, her first reaction was:
[09:19] {Threei} too humid for my piano
[09:20] {fernp} lol
[09:21] {dptl} good morning all
[09:21] {Threei} dp :)
[09:23] {ese} dp
[09:24] {ese} opps....dddddddddddppppppppppppppp!
[09:24] {dptl} :)
[09:24] {Threei} lol
[09:25] {Threei} NQ is trading above recent highs
[09:28] {Threei} general feeling is, raly contuation,
[09:29] {Threei} want to see more or less decent pullbacks at the open or ranges esstablishd
[09:29] {Threei} LVS and GE are main candidates
[09:29] {Threei} then whatever scanner spits out
[09:30] {Threei} of course if MTXX says FDA is ok with its impact on sense of smell now, grab it and let it ride a few bucks
[09:31] {ese} out my nvax position from friday .71 +.09
[09:32] {Threei} Long Setup: LVS .40 break
[09:33] {Threei} if stays above .30
[09:33] {nemo} quick
[09:33] {nemo} in
[09:33] {magoo} in
[09:34] {ese} in
[09:34] {Threei} 1:1
[09:34] {Threei} thought of GE .55 but was a bit late
[09:34] {ese} out .51
[09:35] {Threei} second play is coming on LVS very soon
[09:35] {nemo} stopped
[09:35] {ese} =.06
[09:35] {magoo} never got out
[09:35] {ese} +
[09:35] {magoo} was like one second
[09:35] {magoo} at 1 to 1
[09:36] {nemo} got 1:1 but got last half out at stop
[09:36] {fernp} GE pullback
[09:36] {Threei} ummm
[09:36] {Threei} don't we trail second half after 1:1?
[09:36] {nemo} shoulda' didnt
[09:36] {Threei} GE, first strength from here
[09:36] {Threei} .56 long
[09:36] {Threei} if holding .50
[09:37] {Threei} if losing it, next range is .45 - .50
[09:38] {Threei} LVS .26
[09:38] {Threei} if holding .20
[09:40] {Threei} too fast?
[09:42] {Threei} GE no worky
[09:43] {nemo} market dumping
[09:43] {ese} i'm not getting "indu" index feed......anyone else not getting it
[09:44] {dino} scanners red
[09:44] {nemo} rimm holding pretty well
[09:44] {fernp} fine here, ese
[09:45] {ese} hmmmmm
[09:46] {dino} ed's down
[09:46] {ese} osir dino
[09:46] {ese} dn 4 bills
[09:47] {Threei} USD/CHF Rumor that SNB is 'checking rates'
[09:48] {ese} can't find news on OSIR.....anyhone?
[09:48] {Threei} .short lvs .25
[09:48] {Threei} if stays below .35
[09:48] {Threei} Short Setup: LVS .25
[09:49] {Threei} let's make it .29
[09:49] {Threei} tighter stop
[09:49] {fernp} in
[09:51] {Threei} over 1:1
[09:51] {dino} osir drug ph3 failed
[09:51] {ese} tks....where did you find that
[09:51] {dino} pretty much only drug they had from what i see
[09:52] {dino} yahoo
[09:52] {dino} opps cyber
[09:52] {fernp} out here. ty Vad
[09:52] {ese} hmmmmmmm
[09:52] {dino} prochymal fails
[09:52] {dino} no diff between placebo
[09:52] {Threei} 8:01:59 AM
[09:52] {Threei} Osiris Therapeutics Inc Releases preliminary results for prochymal Phase III GvHD trials; Neither trial met primary endpoint
[09:53] {Threei} 1;2 LVS
[09:53] {nemo} when you get a chance, could you explain the LVS setup? ty
[09:53] {Threei} sure
[09:56] {Threei} JAZZ Hearing takeover chatter circulating in the name (9.62, +0.35, 3.78%)
[09:56] {Threei} but of course
[09:59] {Threei} Long Setup: QQQQ .63 if stays above .55
[09:59] {Threei} all that JAZZ...
[10:00] {Threei} SLXP Receives FDA Marketing Approval for METOZOLV ODT (Orally Disintegrating Tablets) for Relief of Diabetic Gastroparesis and Symptomatic Documented GERD (12.94, +0.22, 1.73%)
[10:00] {nemo} did that invalidate, or is it now discretionary?
[10:01] {ese} L xlnx .07
[10:02] {Threei} let's let it stabilize and form new setup
[10:02] {Threei} .50 breakdown is formally short setup
[10:02] {ese} xlnx following the qqqq's
[10:02] {Threei} but I am not too jazzed about it
[10:02] {dino} gj lvs
[10:02] {nemo} rim shot ese
[10:03] {dino} hl slt s .00
[10:03] {dino} stop .31
[10:03] {Threei} I wish we still held that short dino
[10:03] {ese} yes......but not working to this point
[10:03] {Threei} didn't feel safe for anything but scalp
[10:06] {nemo} oh yeah...tomorrow is 090909
[10:06] {dino} hl s nihd .95 stop hod
[10:10] {Threei} watching WFC
[10:10] {Threei} for bounce
[10:10] {Threei} ideally, would like a quick pullback closer to .70
[10:10] {Threei} for entry
[10:11] {Threei} .80 break is an option, just my preference would be tighter stop and less chance for a shakepout
[10:11] {Threei} if took .80 break, stop under .70,m
[10:12] {Threei} if not - wait for pullback
[10:12] {Threei} no chasing
[10:13] {dino} slt stuck, tighten to .15
[10:13] {Threei} here comes pullback
[10:13] {Threei} .80 break if holding .75
[10:14] {Threei} in
[10:14] {Threei} market spikes
[10:14] {Threei} stop under .70
[10:15] {Threei} aggressive enough... tight stop
[10:19] {Threei} no go WFC
[10:20] {fernp} yes, stopped
[10:24] {Threei} ENER Hearing renewed takeover chatter circulating
[10:24] {Threei} - AMAT again rumored as a possible acquirer (10.75, +0.34, 3.27%)
[10:24] {ese} nvax
[10:24] {larisa} sigh
[10:24] {Threei} no news that I see
[10:26] {dino} giii l .26 stop .13
[10:26] {ese} l xlnx added more avg price .05
[10:27] {Threei} QQQQ setup is back
[10:27] {ese} same with xlnx.....have aggressive entry going here
[10:28] {Threei} to me, what happened up to tbis point feels like digestion of resistance,
[10:28] {Threei} preparation for breakout and rally
[10:28] {Threei} that's the working scenario at this point
[10:29] {Threei} that's why I wasn't delighted by the idea of shorting Qs on .50 break
[10:31] {fernp} .63 break?
[10:31] {Threei} let's see if we got it right
[10:31] {Threei} .63 itself originally
[10:31] {Threei} but who cares much about 1 cent
[10:32] {dino} inin
[10:32] {fernp} in .64 grrrr :)
[10:32] {Threei} meaning twice in dino? {G}
[10:32] {Threei} scalpers exit into spike above .70
[10:32] {Threei} day traders partial out
[10:33] {Threei} NVAX again...
[10:34] {dino} tighten nihd to .12stopped -.17 nihd
[10:37] {dino} amed hl l .70, stop .39
[10:38] {ese} out xlnx .15 +.10 thats it for me today all.....back to schoool and early staff meeting....Vad will check out them pics a little later ....once again thanks for shooting the show....cya
[10:38] {Threei} take care ese
[10:38] {ese} cya
[10:38] {dino} cya es
[10:48] {Threei} NVAX is for real or what
[10:50] {Threei} starts looking like momo
[10:53] {Threei} ECB"s Weber: ECB will raise rates and unwind measures in a timely fashion; Data increasingly showing that economic freefall is over
[10:53] {Threei} - Comments that does not see a credt crunch in Germany or Eurozone.
[10:53] {Threei} - rates are appropriate given the inflation outlook; inflation fears are unfounded; data create expectation for inflation to be subdued in medium term; WIll tighten monetary policy when there are upward risks to price stability.
[10:53] {Threei} - Cannot yet call the end of the financial crisis; and it is too early to withdraw stimulus at the moment.
[10:55] {dino} cyou
[10:58] {magoo} SVA
[10:58] {Threei} no news either... just a sector run it seems in all the swine flu names
[11:02] {dino} skt stopped -.19amed to .14
[11:02] {dino} out .23, +.53
[11:02] {larisa} gj
[11:03] {dino} ty
[11:04] {Threei} NY Fed: Purchased $4.95B in $300B outright coupons purchase; Dealers submitted $14.48B for consideration (bid to cover 2.93 )
[11:04] {Threei} - Heaviest purchase was $1.86B in the 05/15/16 maturity (shortest dated)
[11:05] {Threei} Long Setup: NVAX 6 break
[11:05] {Threei} for scalpers stop under .95
[11:05] {Threei} day traders .90
[11:07] {Threei} ECB's Nowotny: Euro unlikely to eclipse the USD as world's leading currency within 10 years
[11:08] {Threei} hmmm... I'd say, Euro's nearest task is to survive, let aline eclipse anyone and anything
[11:14] {nemo} lvs Vad
[11:15] {magoo} ni xavn
[11:15] {Threei} tough read
[11:15] {Threei} formally. ,30 break long
[11:15] {nemo} sure you didn't short mags?
[11:15] {Threei} lol
[11:15] {magoo} oh shit:)
[11:16] {Threei} I am just not very confident in it
[11:16] {Threei} hard core scalpers got their 1:1
[11:16] {Threei} (we all hate them of course, right? right/)
[11:17] {Threei} if anyone went for LVS, stop under .20
[11:17] {magoo} in lvs..looking for dime
[11:17] {Threei} I presdonally skip it but root for you
[11:19] {nemo} crap...went and got coffee
[11:19] {nemo} FCX wedging upward or triangle ascending...or...
[11:19] {Threei} ummmm
[11:19] {Threei} ok... I'll post it
[11:20] {Threei} you right wing nuts keep yourself in check
[11:20] {Threei} Reportedly Obama suggesting taxing sugary products like soda (related PEP KO )
[11:20] {Threei} NVAX 1:1 for day traders
[11:21] {nemo} you saying right-wing nuts or right wingnuts?
[11:23] {fernp} out NVAX. ty Vad
[11:24] {Threei} :)
[11:25] {dino} scl, vit
[11:25] {dino} scl thinny
[11:27] {Threei} QQQQ 1;1
[11:27] {_slentz} is this volume still like summer today
[11:28] {Threei} yeah, not overwhelming
[11:28] {Threei} IMF forecasts 2009 Eurozone GDP -4.2% vs -4.8% prior; 2010 GDP at 0.0% v -0.3% prior forecast
[11:28] {Threei} - 2009 Eurozone jobless rate above 10% getting close to 12% by 2011
[11:28] {_slentz} when will it pick up
[11:28] {Threei} day after day, slowly but surely
[11:29] {Threei} SQNM Ticks higher after report Co. to buy rights of methylated DNA deteciton process (6.07, +0.45, 8.01%)
[11:29] {dino} slentz, volume compare, go to sharkinvesting.com bottom right
[11:29] {nemo} or you can look at the home page of finviz.com
[11:31] {magoo} out nvax .14 TY
[11:32] {nemo} nvax shortable
[11:33] {magoo} yup
[11:33] {nemo} was a statement
[11:34] {nemo} are you "ni" mags?
[11:35] {Threei} back to LVS short while I remember
[11:35] {Threei} opull up 1 min
[11:35] {Threei} LVAS drops from .50into 16,
[11:36] {Threei} jumps back up to .30 and slightly over in just 3 vars.
[11:36] {Threei} At that punt it meets uppoer BB
[11:37] {Threei} volume on the bounce is lower than on prior selloff
[11:37] {Threei} which leads to an idea of shorting it into bounce
[11:37] {Threei} Next step is finding a trigger
[11:37] {Threei} .25 sewrved as temporary support,
[11:38] {Threei} sorry, resistance
[11:38] {Threei} turned into support now after the break,
[11:38] {Threei} .35 was touched briefly,
[11:38] {dino} vit s .20
[11:38] {Threei} then LVS dropped into .25 and bounced back.,
[11:39] {Threei} So, .25 turned into trigger for the first call, with stop above .35,
[11:39] {Threei} then it consolidated just a tad above .30, again touching but not breaking .35
[11:39] {Threei} which led to the modification of the trigger to .29
[11:39] {Threei} tighter stop, bigger perofit potentioal
[11:39] {Threei} somewhat higher risk of a shakeout
[11:40] {Threei} but 607 cents tosp, who cares
[11:40] {Threei} 6-7
[11:40] {Threei} helps, nemo?
[11:41] {Threei} GM Reportedly a report from the US Auto Task Force puts chances at about 60% that GM's CEO Fritz Henderson can "fix" GM
[11:41] {Threei} - briefing documents from a closed Aug 3 meeting being cited. (related MTLQQ )
[11:41] {nemo} yes...I missed the BB reaing
[11:41] {Threei} hmmm... are they busy with making bets on tsars?
[11:47] {dino} gold drop
[11:47] {nemo} fcx big drop
[11:52] {dino} 3 drop on gold
[11:53] {dino} gap fill coming imo
[11:54] {dino} nope
[11:59] {Threei} 45% Say Unions Weaken America, 26% Disagree
[11:59] {magoo} 26% of population work force is union :)
[11:59] {Threei} lol
[12:05] {Threei} guess who is on TV
[12:06] {Threei} your wait is over magoo
[12:06] {nemo} this is his major address to students
[12:07] {Threei} US House Majority Leader Hoyer: May support the health care reform without a public option
[12:10] {dino} giii stopped -.15
[12:11] {Threei} US) US Senator Baucus (D): Health plan reform bill may implement a 35% tax on health insurers with plans valued over $8K for singles and $21K for families
[12:17] {dino} stec l .49 hl
[12:24] {Threei} NABO...
[12:25] {Threei} NANO that was
[12:25] {Threei} a bit too thin on a bid side
[12:27] {magoo} FSLR xploded
[12:27] {dino} fslr
[12:28] {Threei} FSLR Signs MoU with Ordos City on Major Solar Power Plant in China Desert
[12:28] {Threei} - Pursuant to the MOU, the solar project in Ordos will be built over a multi-year period. Phase 1 will be a 30 MW demonstration project that will begin construction by June 1, 2010 and be completed as soon thereafter as practicable. Phases 2, 3 and 4 will be 100 MW, 870 MW, and 1,000 MW. Phases 2 and 3 will be completed in 2014 and Phase 4 will be completed by 2019.
[12:37] {Threei} so, let's decipher this market stuck here
[12:37] {Threei} fund managers and trading desk managers return from Hamptons,
[12:37] {dino} as does magoo
[12:37] {Threei} stay busy all morning with calls to wifes and back, describing how little Johnny prepared for school,
[12:38] {Threei} exchanged latest rumors with those who went to Aspen
[12:38] {Threei} then started looking at their screens
[12:38] {Threei} asking each other "is it for real?"
[12:39] {Threei} "what do we do/"
[12:39] {Threei} lety's run with this rally or let's try and be heroes
[12:39] {Threei} At some point they realized it's too rapid transition from vacation mode to work
[12:40] {Threei} and they better put it off till tomorrow
[12:40] {Threei} There... my version
[12:40] {Threei} I have no doubt that magoo's one includes 6 pack, nemo and dp's one includes vodka and Raven's one includes martini
[12:41] {Threei} larisa stays with carrot juice
[12:41] {larisa} right
[12:42] {Threei} me, I still can taste heavenly 15 years old Glenfiddich patience kindly poured in me this Friday
[12:43] {dino} ahhhh
[12:43] {dptl} :)
[12:44] {dino} vit stopped -.15
[12:47] {magoo} any read JAZZ vader?
[12:47] {Threei} no mags, sorry
[12:54] {dino} stec to .73
[12:55] {dino} opxa continues
[12:57] {dino} stec to .83
[12:58] {dino} cde?
[12:58] {dino} opxa invincible
[12:59] {dino} like dr evil
[13:00] {dino} out stec .89, +.40
[13:01] {Threei} TREASURY'S $38B 3-YEAR NOTE AUCTION BID-TO-COVER RATIO: 3.02 V 2.89 PRIOR AND 2.58 AVG OVER THE LAST 10 AUCTIONS
[13:01] {dino} ener jumpy
[13:05] {dino} clw
[13:08] {dino} pmc
[13:08] {Threei} PMC Moves lower on report offices were raided by federal regulators (18.41, -1.31, -6.64%)
[13:13] {Threei} AIG To interview investment banks this week regarding life insurance unit IPO that could raise as much as $5B
[13:21] {dino} ebix
[13:23] {magoo} OPXA
[13:29] {Threei} one of those
[13:30] {magoo} sick
[13:30] {Threei} let me show you just how sick it is
[13:30] {Threei} it's pre-market news today:
[13:30] {Threei} 7:02:35 AM
[13:30] {Threei} Opexa Therapeutics Releases additional favorable Phase II data on Tovaxin in Multiple Sclerosis
[13:30] {Threei} - The results include further analysis of the double-blind, placebo-controlled, 52-week Phase IIb TERMS clinical study of 150 patients with Relapsing Remitting MS (RRMS).
[13:31] {Threei} quite insignificant news, don't you think?
[13:31] {Threei} now
[13:31] {Threei} here is another piece,
[13:31] {Threei} from Aug 13
[13:31] {Threei} Reports Q2 -$0.07 v -$0.36 y/y, Rev is nil
[13:31] {Threei} - Had cash and cash equivalents of approximately $0.8 million as of June 30, 2009, compared with approximately $1.2 million as of December 31, 2008
[13:32] {Threei} no revenue and running out of money
[13:32] {magoo} fund caught short
[13:33] {dino} i suppose tomorrow board files to issue shares
[13:38] {nemo} volume been tailing off a bit
[13:40] {dino} amed hl l .50
[13:55] {nemo} how's the coma vad?
[13:56] {Threei} something's missing
[13:56] {nemo} huh?
[13:57] {nemo} laserdave isn't here
[13:57] {Threei} dunno... fine coma but not the best I've had
[13:57] {nemo} ahhh
[13:58] {Threei} I guess I lack a good runner today
[13:58] {Threei} a few scalps, fine
[13:58] {Threei} but sprinckle some caviar on top of the bread-andbutter trades,, then my coma is much happier
[13:59] {nemo} a "rest in peace" kinda' thing...kinda'...sorta'
[14:06] {dino} clw partial fill l .65
[14:15] {nemo} you put the pillow under your chin Vad?
[14:15] {nemo} ooooh...amazon awake
[14:16] {Threei} Fed Discount Rate Minutes: No banks looking for discount rate increase
[14:16] {Threei} - some banks see labor market weakening the economic recovery
[14:16] {Threei} - Household spending was seen to be weak yet economy was stabilizing
[14:16] {Threei} - Most banks saw inflation as being subdued and would remain that way for some time
[14:16] {magoo} AEN
[14:16] {Threei} OPXA
[14:16] {Threei} risky as hell,
[14:16] {Threei} short on 6 break
[14:18] {Threei} if stays under .15
[14:18] {magoo} ion
[14:18] {nemo} hate those three words
[14:18] {Threei} CDC Briefing calls for quick treatment of patients with Relenza or Tamiflu if labored breathing determined (related GSK ROG.SZ )
[14:18] {fernp} out SYMC. I bought 15.60 breakout this morning...
[14:19] {fernp} I am practicing "patience"
[14:19] {Threei} no kidding
[14:19] {fernp} yeah. true
[14:20] {Threei} die OPXA
[14:20] {Threei} (US) Senator Reid: Determined to pass a bipartisan healthcare bill this year (related IYH )
[14:21] {Threei} over 1:1
[14:21] {Threei} covering half
[14:22] {Threei} I want more from it for all this risk
[14:22] {Threei} good boy
[14:23] {Threei} stop is trailed for the other half of course
[14:24] {magoo} under .50 im hoping
[14:24] {Threei} I intend to cover 1/4 more just above .50
[14:25] {Threei} here we go
[14:25] {Threei} .57 1/4 more
[14:25] {Threei} hey, I got my runner!
[14:25] {Threei} coma will be so much sweeter
[14:25] {magoo} out .44 TY BOSS
[14:25] {nemo} faller more apt
[14:26] {Threei} bidding .35 for the last potion
[14:26] {nemo} up runner's down cliff jumpers
[14:26] {Threei} I care about direction not
[14:27] {nemo} yoda's here
[14:27] {Threei} stop to just above .50
[14:27] {Threei} cacelling .35 bid
[14:27] {Threei} out
[14:27] {dino} mnkd
[14:27] {Threei} beauty
[14:27] {Threei} wtg mags
[14:27] {Threei} anyone else followed?
[14:29] {Threei} why do I bother to come out of coma...
[14:29] {magoo} excuse me?
[14:29] {nemo} you used those three words
[14:30] {Threei} never mind mags, I have to slam those sleepyheads
[14:30] {Threei} sheesh... could you take lousy 300 shares?
[14:30] {Threei} 15 cents stop
[14:30] {Threei} OK, 20 with slippage
[14:30] {Threei} what's the big deal
[14:30] {Threei} yuou see how much air under this thing
[14:31] {Threei} potential is much bigger than 15 cents
[14:31] {nemo} hate when you're so logical
[14:32] {nemo} yeah abolutely, Question: you last set stop at .50 but looking over around 1:00-1:20 I see those candle shaows stop @ .60, why did you pick that stop?
[14:32] {nemo} shadows
[14:32] {Threei} 1 - 1:20??
[14:32] {nemo} time
[14:33] {Threei} that was 1 hour ago
[14:33] {Threei} this is superfast stoxck
[14:33] {Threei} not very much respecting any technicals
[14:33] {Threei} it had support at .50,
[14:33] {nemo} o.k.
[14:33] {Threei} lost it,
[14:33] {Threei} tested it,
[14:33] {Threei} dropped more
[14:33] {Threei} I trailed stop to above it
[14:34] {Threei} it doesn't care very ,much about what it did 15 min ago, let alone 1 hour
[14:39] {nemo} opxa long now?
[14:39] {Threei} naaah
[14:45] {dptl} have a good evening all
[14:45] {Threei} take care dp
[14:50] {Threei} I find it hard to believe OPXA is not halted yet
[14:50] {Threei} stay the hell away from long side on this POS
[14:54] {dino} gold sm l .40
[14:56] {magoo} AKRX
[15:00] {Threei} JULY CONSUMER CREDIT: -$21.6B V -$4.0BE
[15:00] {Threei} - prior revised from -$10.3B to -$15.5B
[15:00] {nemo} WOW!
[15:00] {Threei} AKRX Hearing recent strength being attributed vague chatter that its Carboplatin injectable product has received FDA approval
[15:00] {Threei} - Note: On 7/30 the FDA disclosed ANDA approval for generic Carboplatin (1.43, +0.21, 17.21%)
[15:01] {Threei} can't believe this amount of rumnors
[15:01] {Threei} annual growth rate -%10.37 v -4.9% m/m
[15:22] {nemo} ohhh to short aig
[15:35] {dino} gold to flat
[15:36] {dino} out
[15:40] {dino} out amed .73, +.23
[15:47] {Threei} NVAX, worth overnight risk or not
[15:48] {nemo} just don't do an ese "20k of the little buggers"
[15:49] {Threei} lol
[15:49] {Threei} unlike ese, I don;'t have second profession to fall back onto :)
[15:58] {Threei} okay guys
[15:58] {Threei} thank you all
[15:58] {Threei} have a good evening
[15:58] {Threei} see you tomorrow
[15:58] {nemo} gnite
[16:00] {larisa} night all
[16:01] {magoo} ty all
[16:02] {dino} thx all
[16:04] {fernp} good evening

Sep 04 2009

We expected this last day before the Labor Day long weekend to be largely empty - wasn't the case at all. Not only we had a lot of active plays, we nailed them all with 100% accuracy. No single stop out of about ten plays. HGSI, HIG, SVA, RMBS, SPPI, LVS - all worked like charm. This officially ends trading summer for us, as after the Labor Day it's usually different market.

Session Time: Fri Sep 04 00:00:00 2009

[08:29] {magoo} morning

[08:29] {nemo} magus :)

[08:29] {nemo} jobs report mut be bad markets dropping

[08:33] {Threei} *AUG UNEMPLOYMENT RATE: 9.7% V 9.5%E (Highest since June 1983)

[08:34] {Threei} AUG CHANGE IN NONFARM PAYROLLS: -216K V -230KE; CHANGE IN MANUFACTURING PAYROLLS: -63K V -60KE

[08:34] {Threei} - Prior nonfarm payrolls revised better from -247K to -276K

[08:36] {nemo} wait til Dino sees amed

[08:39] {Threei} he took it overnight I think

[08:55] {magoo} i left early..did mkt pace pick up yesterday?

[08:55] {Threei} not really

[08:55] {magoo} how was close?

[08:58] {Threei} mostly uneventful, except F nice jump

[08:58] {fernp} good morning everybody

[09:04] {Threei} fern :)

[09:04] {larisa} good morning :)

[09:06] {ese} good morning

[09:06] {magoo} HGSI..pos news

[09:08] {dino} gm all

[09:08] {ese} dino

[09:09] {ese} 1/2 day or full day today?

[09:09] {dino} ful

[09:09] {dino} full

[09:10] {Threei} larisa, ese, dino :)

[09:10] {dino} unless i get lucky and then half for me

[09:10] {nemo} amed dino

[09:11] {dino} yeah and i dumped it at 3:50ish yesterday afternoon

[09:11] {Threei} argh

[09:11] {Threei} I thought you were taking it home

[09:12] {nemo} yeah had that late, "get out of Dodge" dump

[09:14] {dino} was, but had nice gain and thought overnighters have been tough. so chickened out and booked it

[09:15] {nemo} Makes perfect sense

[09:15] {nemo} Been a bit of a rough Summer, getting close to a long weekend, can book nice gain...bird in hand every time

[09:15] {Threei} HGSI retreated quite a bit from prematket high

[09:17] {magoo} yea..thoughts?

[09:17] {Threei} thoughts??

[09:18] {Threei} have you ever met me?

[09:18] {Threei} I have none

[09:18] {nemo} yeah...scary

[09:18] {Threei} but... 19 is clear resistance on premarket chart to break

[09:21] {magoo} news BIDU vad?

[09:21] {Threei} Baidu.com Update: Pali making cautious comments, maintains Neutral rating

[09:21] {Threei} - Note: The Ministry of Culture (MoC) came out with a new regulation on Sept 3 in that it does not allow BIDU to provide music content links to illegal music content provider, which could be a significant negative to BIDU's internet traffic since music search is a major driver for BIDU's traffic. About 80% of Baidu's traffic, firm believes, is from music search. Among all its music search results, links that are provided by illegitimate music companies are significant. If Baidu has to cut off the links to illegitimate music content, then we believe traffic to its websites could decrease. We believe this is just the first wave of regulations for online content and activities. Therefore, firm believes BIDU may have to face changes in its business.

[09:22] {nemo} yeah, but now you have to define what the Chinese authorities mean by illegal...

[09:22] {brian3579} gm all

[09:22] {nemo} 3579

[09:23] {Threei} brian :)

[09:23] {dino} snda

[09:24] {nemo} maybe moving on that BIDU news

[09:24] {Threei} ese... F did the dance just for you yesterday... exactly kind ogf move you love to play with big shares

[09:24] {ese} brian

[09:24] {Threei} keep an eye on it

[09:25] {ese} ya i know.....i had to exit with a .04 loss to go into work

[09:26] {nemo} work is a four letter word for good reason

[09:26] {ese} indeed

[09:27] {nemo} then again...and don't take this the wrong way, but most of what you do are passions, not work...amen

[09:27] {nemo} meant as a high compliment actually

[09:29] {dino} snda earnings

[09:29] {nemo} oh yeah

[09:31] {Threei} Long Setup: HGSI .70 break if holding .60

[09:32] {Threei} in validated for this particular entry point but remains as trading idea

[09:33] {nemo} interesting, bar dipped below 60, but idn't close under it

[09:33] {Threei} jumped of the next range before I could type

[09:33] {nemo} yeah...rude stock

[09:34] {Threei} meaning, .50 - .60 was the next entry range

[09:34] {ese} L cien .19

[09:34] {nemo} nice ese

[09:34] {Threei} CIEN Hearing upgraded from Market Perform to Market Outperform rating at Avondale; Price target $18 (timing uncertain)

[09:35] {nemo} very rude hgsi

[09:35] {ese} tks

[09:35] {Threei} that's not rude

[09:35] {Threei} definition of rude is to shake us out, then go

[09:36] {Threei} this is just disrespectful

[09:36] {ese} lets see if it popo on up there

[09:36] {Threei} watching pullback

[09:36] {ese} pops ....nope

[09:37] {Threei} I don't know... 19 break is formal trigbger

[09:37] {Threei} but something isn't quite right

[09:38] {Threei} I'll refrain

[09:38] {ese} stop is .09 cien

[09:38] {Threei} no confidence

[09:38] {Threei} let's consider it discretionary one

[09:38] {Threei} you likey, you takie

[09:39] {Threei} if you try it, eityher go in full lot qwith stop under .90

[09:39] {ese} stopped

[09:39] {Threei} or half with stop undedr .80

[09:39] {ese} -.10

[09:39] {ese} daaaaaaa

[09:39] {ese} should have taken the original pop

[09:39] {Threei} over 1:1 for full ,lot entry

[09:40] {Threei} over 1:1 for half lot

[09:40] {Threei} in case anyone went for it

[09:40] {dino} anf, coo, esl, ulta

[09:44] {nemo} cat vad?

[09:44] {Threei} HGSI is back into entry point

[09:45] {Threei} recross of .90 long

[09:45] {Threei} if stays above .80

[09:46] {Threei} what the...

[09:46] {Threei} problem with laser?

[09:46] {larisa} no

[09:46] {nemo} none here

[09:46] {laserdave} hey guys

[09:46] {tomg} i called dave, system wide problem. will be fixed in 30 min. hopefully

[09:46] {Threei} yeah

[09:46] {Threei} here he is

[09:46] {laserdave} they did more work to our server

[09:46] {laserdave} we shoudl be up any moment

[09:46] {Threei} HGSI 1:1

[09:47] {Threei} tom, did you wake him up?

[09:47] {Threei} great job if so

[09:47] {tomg} yup

[09:47] {Threei} wtg

[09:47] {tomg} thought it was just my problem

[09:48] {Threei} I always enjoy it, calling him at 5:30 am just to say good morning

[09:48] {tomg} i don't think I'll be trying that on a regular basis :)

[09:49] {nemo} 19 break again on HGSI vad?

[09:49] {Threei} ah come on, life is short

[09:49] {tomg} yeah, i'm well aware of that :)

[09:49] {Threei} no nemo

[09:50] {tomg} don't want to make it shorter

[09:50] {brian3579} vad what dont you like about hgsi at 19

[09:50] {nemo} aig touching morning lows

[09:50] {brian3579} break of 19

[09:50] {laserdave} were up

[09:50] {Threei} it pretty much follows the market today brian,

[09:50] {laserdave} sorry guys thougth i typed that in room

[09:51] {laserdave} i ddint hit enter

[09:51] {laserdave} :)

[09:51] {Threei} and market obviously had too much weakness in it at the moment

[09:51] {laserdave} now hopefully software is way smoother goign forward

[09:51] {brian3579} ty

[09:51] {magoo} big dump AIG

[09:51] {Threei} in fact, the way HGSI behaves I'd prefer to see it retesting low

[09:52] {Threei} around .60-.70

[09:52] {Threei} before trying it againb

[09:52] {brian3579} k

[09:53] {brian3579} played .90 break ty

[09:53] {Threei} :)

[09:55] {Threei} here comes HGSI

[09:56] {Threei} now I am interested again

[09:56] {Threei} .70 break if holding .60

[09:57] {Threei} Long Setup: HIG .55 break

[09:57] {Threei} if stays above .40

[09:57] {Threei} HGSI tagged 1:1

[09:58] {Threei} HIG, .45 support for hard core scalpers

[09:59] {Threei} 1:2 HGSI

[09:59] {brian3579} got hgsi ty vad

[09:59] {Threei} welcome

[09:59] {dino} bpi

[10:00] {Threei} HIG held quite well this market drop

[10:00] {brian3579} vad you may have just sent me to the golf course

[10:01] {Threei} hmmm

[10:01] {Threei} how did I do that?

[10:01] {nemo} he made so much money?

[10:01] {dino} sgg

[10:01] {brian3579} good morning

[10:01] {Threei} hi brian

[10:01] {Threei} lol

[10:02] {Threei} HIG 1:1 for hardcore pesky scalpers

[10:02] {Threei} HIG 1:1 for sabe traders

[10:03] {Threei} sane

[10:03] {Threei} I can't even type word "sane"...

[10:03] {fernp} ty Vad

[10:03] {Threei} welcome

[10:03] {nemo} thought you were speaking spanish

[10:03] {Threei} yup, I was talking to fern specifically

[10:03] {fernp} lol

[10:03] {dino} v sm bpi l .75

[10:04] {nemo} funny how friday before long weekend already is a good morning

[10:05] {Threei} yeah, who would have thought

[10:05] {Threei} I firmly set on "nothing day"

[10:05] {nemo} as you say about thinking

[10:05] {Threei} and there you go

[10:05] {Threei} mostly scalps but...

[10:05] {dino} stop bpi too soon

[10:06] {nemo} that would seem the highest probability way to play the day

[10:07] {dino} bpi last try v sm wide l .50

[10:09] {magoo} MTXX strong

[10:10] {Threei} rumors yesterday

[10:10] {Threei} it responds well to them

[10:11] {Threei} if actrual news comes about that "loss of smell" business being resolved while it's this low, a few dollars run is all but guaranteed

[10:12] {dino} arst

[10:12] {brian3579} have to run everyone have a good weekend vad ty

[10:13] {nemo} use sunscreen

[10:13] {Threei} have a great long weekend brian

[10:13] {brian3579} hahaha

[10:15] {dino} have fun brian

[10:18] {dino} esl hod

[10:24] {Threei} Long Setup: SVA 9 break

[10:24] {Threei} if stays above 8.90

[10:25] {dino} medq

[10:27] {dino} strange, special div. and knocked down

[10:29] {nemo} carrot or stick with sva Vad?

[10:31] {Threei} depends on your personal preferences

[10:33] {nemo} misse

[10:37] {magoo} lvs

[10:37] {Threei} no news

[10:38] {Threei} picks up pace

[10:38] {dino} hl medq .10

[10:40] {Threei} SVA 1:1

[10:41] {ese} i'm a day late and a dollar short today......seems like everything i look at has already done what i would like it to do...before i can get in sheesh!

[10:41] {dino} same here es

[10:42] {Threei} SVA 1:2 almost, I am out

[10:42] {tomg} ty vad

[10:42] {Threei} :)

[10:43] {ese} would like a crack at another amed

[10:44] {ese} speaking of that.....long at 35 maybe

[10:44] {dino} thinking 34.50

[10:45] {ese} hmmmmmmm i like that

[10:46] {larisa} RIMM fighting with 77

[10:46] {dino} sgg v sm .10 l

[10:46] {Threei} SPPI FDA Approves ZEVALIN Expanded Label as Part of First-Line Therapy in Treatment of Follicular Non-Hodgkins Lymphoma (8.82, +0.06, 0.68%)

[10:46] {Threei} hmmm

[10:46] {Threei} no reaction

[10:47] {Threei} oh

[10:47] {Threei} it's halted

[10:47] {Threei} maybe that's why

[10:47] {Threei} I heard it's hard fopr stocks to move while being halted

[10:48] {dino} indeed

[10:53] {ese} dino .... L amed .93 need some excitement in my life

[10:54] {ese} shallow pullback.....lets see if the market goes my way.......1 lot only

[10:54] {dino} still waiting at .50

[10:54] {ese} wouldn't ya know it.........thats too funny.....soon as i get in

[10:55] {dino} medq stop is .98 stuck

[10:55] {ese} i'll never doubt you again........

[10:55] {dino} i may not fill es

[10:55] {Threei} Long Setup: LVS .80 break

[10:55] {Threei} if stays above .70

[10:56] {Threei} has smell of momo play, so be careful with it,

[10:56] {Threei} not pure technical

[10:57] {Threei} it had premarket upgrade, target 17

[10:57] {Threei} other than that, nothing fresh

[11:01] {nemo} lvs mimicing market

[11:01] {dino} sm amed l .50 es

[11:01] {nemo} amed where you want it dino

[11:02] {Threei} more or less, but that spike was disproportionally big

[11:03] {dino} .90s

[11:03] {dino} 35 wall imo

[11:04] {ese} nice one dino.....

[11:06] {dino} sgg hard to get out of

[11:08] {ese} i'm out amed .51.........take my licks -.42

[11:09] {Threei} SPPI open

[11:10] {dino} ]loss never bothers me after i take it

[11:10] {ese} holy smoke.........

[11:10] {dino} partial out sgg .70, +.60

[11:10] {ese} naw me neither

[11:11] {ese} sppi vad.....what do we do with that one......watch?

[11:11] {dino} sppi, treatable 4000 patients?

[11:11] {dino} kind of low isn't it

[11:11] {Threei} it trades faster than I could possible type any signal ese

[11:12] {ese} boy i'll say

[11:12] {ese} first sign of strenght on pullback

[11:13] {Threei} all the way back

[11:13] {Threei} bounce soon

[11:13] {Threei} but let it drop more

[11:13] {ese} with ya

[11:13] {Threei} no way I'll alert in time

[11:14] {dino} tis drop, thin

[11:14] {nemo} set up "now" in mirc and hit return

[11:15] {larisa} if you wait for alert on stock like this, you will lose $

[11:15] {magoo} what the hex...it neg

[11:16] {dino} expands to only 4k patients thats why

[11:17] {dino} sxci

[11:19] {ese} heck of a shake down there sppi

[11:20] {Threei} one more leg down

[11:21] {ese} you go with the 3 legs down theory vad?

[11:21] {Threei} nah

[11:21] {dino} sm s sxci .36

[11:21] {Threei} Okay, that was it... mised it

[11:21] {Threei} didn't feel like 8 would hold

[11:22] {ese} might bounce off it again

[11:22] {larisa} 7.91 low

[11:22] {ese} you were right the first time

[11:22] {Threei} in

[11:22] {Threei} stop under .90

[11:23] {Threei} half out

[11:23] {ese} sure surprised alot of people after some positive news

[11:23] {Threei} .30

[11:23] {nemo} nice vad

[11:24] {nemo} you must have been hell on the ring at the merry go round

[11:24] {Threei} 1/4 more out .20

[11:25] {Threei} nice and clean double bottom

[11:25] {Threei} a bit too fast but doable

[11:26] {Threei} out in full

[11:26] {Threei} +.42

[11:26] {Threei} anyone ventured?

[11:27] {dino} not i

[11:27] {tomg} i did ty vad

[11:27] {nemo} for me that would be like trying to grab the mail out of the box at 60 mph

[11:27] {Threei} wtg tom

[11:28] {tomg} :)

[11:28] {ese} I did vad in .29 out ,52

[11:28] {ese} +.23

[11:29] {dino} gj, i did not like the news

[11:30] {ese} made up for the amed loss

[11:32] {Threei} wow ese... wading into deep waters of superfast trading :)

[11:33] {Threei} btw guys, for the future

[11:33] {Threei} [11:13] {Threei} all the way back

[11:33] {Threei} [11:13] {Threei} bounce soon

[11:33] {Threei} [11:13] {Threei} but let it drop more

[11:33] {Threei} why more:

[11:33] {Threei} this kind of runners on what seems to be great news

[11:34] {dino} sxci bstop to ,52 not cooperating

[11:34] {Threei} when pulls back so deep that in fact retracts almost or all of gains,

[11:34] {Threei} they tend to go much much lower.

[11:34] {Threei} eityher news is not that great, as dino pointed out in this case,

[11:34] {Threei} or it's a rehash of old news,

[11:35] {Threei} or it's simply being priced in,

[11:35] {Threei} and now profit taking comes out in force

[11:35] {Threei} whatever the reason is in each particular case,

[11:35] {Threei} when they do that let them drop much deeper

[11:35] {Threei} Don't be afreaid to miss THE bottom,

[11:36] {Threei} better hunt for cleaner formation, like double bottom,

[11:36] {Threei} let the pace slow down a little so trade is safer

[11:36] {dino} sxci stopped -.16

[11:36] {Threei} and if you miss it, you miss it, no biggie

[11:37] {tomg} good educational lesson, vad, ty

[11:37] {fernp} yes, TY Vad

[11:38] {larisa} LVS

[11:38] {magoo} LVS .80

[11:42] {Threei} tries to re-establish the setup

[11:42] {Threei} needs market help

[11:45] {Threei} wow

[11:46] {Threei} SPPI decided to punush "news traders" for real today

[11:46] {dino} esl hod area

[11:47] {ese} how about this double botom in SPPI now vad.....safe entry?

[11:47] {dino} medq stopped-.14

[11:47] {ese} or too much selling already taken place

[11:48] {dino} out remaining sgg .70, +.60

[11:49] {ese} wow dino......that thing was thin.....how many shs did you have

[11:51] {dino} 300

[11:51] {ese} nice

[11:51] {ese} vad you there?.........

[11:51] {dino} ty

[11:51] {dino} esl interesting, big pullbacks

[11:52] {ese} as per question above.....re double bottom in sppi

[11:52] {dino} sgg waiting to re-load at 65

[11:53] {Threei} ok

[11:53] {Threei} LVS restabliushed

[11:53] {Threei} ese?

[11:53] {ese} yes

[11:53] {Threei} oh, I see your question, sorry

[11:53] {Threei} missed it

[11:54] {Threei} I'd leave it alone

[11:54] {ese} no prob

[11:54] {ese} was thinking about entry....just wondering a viability of the bigger double bottom on 1 min chart

[11:54] {ese} wasn't

[11:55] {ese} wondering about

[11:57] {ese} as a strength indicator

[11:57] {Threei} I'd say, interest in it is waning as positions unwind and emotions die down

[11:58] {Threei} more and more people read the news and notice what dino noticed,

[11:58] {Threei} shrug and walk away

[11:58] {dino} vad is such an emotional guy

[11:58] {ese} gottcha

[11:58] {Threei} oh yes

[11:58] {Threei} and sentimental too

[11:58] {Threei} I cry watching sunrise

[11:58] {dino} but of course

[11:58] {Threei} hug every dog walking by

[11:58] {ese} cries over spilt vodka........

[11:59] {Threei} sometimes, because of bad sight, I miss and hug the female owner

[11:59] {ese} funny

[11:59] {dino} as i expect of you

[11:59] {Threei} ok... market broke out

[11:59] {Threei} LVS, follow the suit will ya

[11:59] {Threei} or I'll get emotional

[11:59] {ese} did it ever

[12:00] {Threei} you know that famous "September is historically the worst month for stock market" right?

[12:01] {nemo} should be a mad rally

[12:01] {Threei} I have this feeling... this September will shutter it, just as this May did to just as famous "Sell in May and go away"

[12:02] {dino} there go your emotions again, :)

[12:03] {dino} feeling talk

[12:03] {ese} shutter?

[12:03] {ese} don't get ya there chief

[12:03] {nemo} shatter

[12:04] {ese} a rally and then die off into christmas?

[12:04] {Threei} yes dino... and I am about to start this bout of uncotrollable cries

[12:04] {ese} int's that emotional making money eh?

[12:04] {ese} it's

[12:04] {Threei} GLD Moves out to fresh session highs above $995

[12:05] {ese} well....i'm glad your on my side

[12:05] {Threei} US Treasury's Krueger: Obama administration considering extension of some housing support programs if deemed necessary

[12:06] {Threei} Long Setup: RMBS .43

[12:06] {Threei} if stays above .35

[12:06] {ese} L uaua .2432 to be exact

[12:11] {ese} nice

[12:13] {ese} opps

[12:14] {ese} ahhhh carry on

[12:15] {dino} sm l tis .92

[12:21] {ese} what does it take for a stock to go up these days.......goodness

[12:25] {ese} hmmmmmm nice conversation with myself........i can keep myself entertained.....this is a good thing

[12:26] {Threei} lol ese

[12:27] {Threei} I need to learn from you... 10 more days of solitude

[12:28] {ese} then you are going on holidays

[12:28] {ese} ?

[12:28] {Threei} no, my wife returns from visiting her dad

[12:28] {ese} ahhhhhhhh

[12:29] {dino} trading song came on

[12:29] {ese} huh

[12:29] {nemo} better edit that

[12:29] {dino} welcome to the jungle, guns/roses

[12:30] {ese} ha ha ha ha.........

[12:30] {magoo} out ram-butt

[12:31] {nemo} not gonna' say it

[12:31] {Threei} please don't

[12:31] {magoo} its my goal to get you kicked u know

[12:31] {nemo} said I wouldn't

[12:31] {nemo} Actually hadn't thought of anything...which worries me

[12:32] {Threei} hmmm

[12:32] {dino} yuk!

[12:32] {Threei} just shows you how people can bo so very different

[12:32] {Threei} it's when I do think of something I get worried

[12:32] {magoo} im confused

[12:32] {Threei} welcome to my world

[12:33] {Threei} state of permanent confusion

[12:33] {magoo} vad, u thinking sept going to be bad month like usual..because the sell in may reference didnt work, but the word chatter, dunno wat u meant

[12:33] {Threei} that was shatter

[12:34] {Threei} I think

[12:34] {nemo} no, I translated

[12:34] {Threei} OK... let me try and be clear for once

[12:34] {magoo} lvs .80

[12:34] {Threei} I feel (yeah, emotions again)

[12:34] {Threei} that there is a good chance for the market to fool everyone

[12:34] {Threei} and continue with this insane rally

[12:35] {nemo} lvs broke out

[12:35] {Threei} 1:1

[12:35] {magoo} got cha

[12:36] {magoo} out .91 TY 3k

[12:36] {magoo} in a second

[12:36] {Threei} :)

[12:36] {Threei} 14.97 is high from Aug 28

06[12:38] * Threei slaps laserdave around a bit with a large warnng not to drink too much over the long weekend

[12:39] {Threei} RNBS 1:1

[12:39] {Threei} RMBS too

[12:39] {Threei} I haven't count the number of calls today but I am pretty sure there is no signle stop

[12:40] {dino} out amed .90, +.40 slow

[12:41] {Threei} DIS Pixar unit reportedly being suied by Luxo over alleged trademark infringement

[12:41] {Threei} what did they steal? image of a rat in cook's hat?

[12:42] {Threei} RMBS 1:2

[12:43] {magoo} u knew when i cut rmbs and insulted it..it would trigger

[12:43] {nemo} yeah, he doubled down

[12:44] {Threei} Prez is giving back-to-school speeh on Tuesday noon

[12:44] {nemo} indoctrination speech

[12:44] {Threei} well... I guess it's as good excuse to appear on TV as any

[12:45] {magoo} he appeared on tv the other day just to announce that eating bran keeps u regular

[12:46] {Threei} RMBS 1:3, and I do that to you on purpose mags

[12:46] {Threei} or is it 1:4 already

[12:46] {Threei} something I read a few days ago:

[12:46] {Threei} Obama's health care plan will be written by a committee whose head says he doesn't understand it, passed by a Congress that hasn't read it, and whose members are exempt from it, signed by a president who smokes in secret, funded by a treasury chief who did not pay his taxes, overseen by a surgeon general who is obese, and financed by a country that is broke.

[12:47] {nemo} 4

[12:47] {Threei} 1:5

[12:47] {magoo} really REALLY hurts too vad, i had 3k...so you can really rub it in

[12:47] {nemo} I got that a couple of days ago...and the IRS will be the enforcer

[12:47] {Threei} oh I will

[12:47] {Threei} 1:6

[12:48] {Threei} you can always count on me mags, to deliver as much pain as possible

[12:48] {Threei} 'cause pain is the best teacher

[12:48] {larisa} you still holding RMBS vad ?

[12:48] {Threei} (and this phrase abouve is just my excuse, in truth I simply like delivering pain)

[12:48] {Threei} no larisa... took 1:2 :)

[12:49] {larisa} just trying to help magoo :)

[12:49] {Threei} no chance

[12:49] {Threei} I'll tease him to no end

[12:49] {Threei} and he wouldn't expect any less from me

[12:49] {magoo} i walked away from bookuu bux

[12:50] {magoo} boo-koo?

[12:50] {Threei} you did, didn't you

[12:50] {magoo} boo-ku?

[12:50] {magoo} why dont you calculate it vad..really burn me :)

[12:50] {Threei} happily

[12:51] {Threei} 17.90 - 17.43 = 47 cents

[12:51] {Threei} .47 x 3K = 1,410

[12:51] {nemo} look at LVS

[12:52] {Threei} after couple lackluster days we got our revenge

[12:53] {Threei} 100% day'

[12:55] {Threei} LVS 1: I don't know how much

[12:55] {nemo} .80 break

[12:56] {nemo} back when it was vacillating between 75, so that's 1:7

[12:56] {magoo} well..i got nmad, so reloaded and hit LVS from .98 to .15

[12:56] {magoo} vad motivartes me

[12:56] {nemo} Vad or mad?

[12:57] {Threei} I am scared to ask what motivarting consitutes

[13:01] {dino} all day, bpi to .14

[13:02] {dino} to .20

[13:04] {dino} to .25

[13:04] {dino} out .25, +.75

[13:08] {dino} tis stop -.32

[13:17] {ese} "motivartes me" now theres a words.......got the word "art" in there for we musician types in the creative arts field

[13:18] {Threei} lol

[13:19] {dino} sm s esl .80

[13:20] {magoo} sm s ese??

[13:21] {nemo} amed going vertical

[13:21] {dino} w/o me

[13:22] {magoo} HGSI lord vader

[13:22] {Threei} .20 is a good level to break

[13:22] {Threei} just too vertical into it

[13:22] {Threei} want some consolidation first

[13:23] {Threei} early comment on LVS

[13:23] {nemo} 1:11 lvs

[13:23] {Threei} [10:56] {Threei} has smell of momo play

[13:24] {ese} out uaua ..34 +.10

[13:26] {magoo} hig highs

[13:26] {magoo} sigh

[13:29] {Threei} Leading liberals are already thinking the unthinkable: Challenging President Obama for the Democratic nomination in 2012.

[13:29] {nemo} he's not liberal enough?

[13:30] {nemo} hgsi trhough .20

[13:30] {Threei} pretty much

[13:30] {nemo} How much closer to the Politburo can he get?

[13:30] {Threei} the president has compromised on everything so far and as self-defeating as it may be, the progressive caucus and progressives would abandon him if necessary, if this was to be the policy of this administration into 2012.

[13:30] {Threei} RMBS newzs

[13:31] {Threei} RMBS Samsung comments that has no intention to purchase company (17.20, +1.27, 7.97%)

[13:31] {Threei} - Earlier takeover rumors circulated that Samsung was interested in acquiring the company

[13:33] {dino} esl bstop to b/e

[13:40] {dino} cov esl .40, +.40

[13:42] {rjdtbd} esl

[13:42] {dino} sxci s .99

[13:46] {dino} bstop to .06 stuck

[13:49] {dino} to b/e not cooperating

[13:49] {dino} ugh esl

[13:50] {dino} way too soon

[13:52] {dino} gld

[13:54] {dino} sgg came back 2 bucks

[13:55] {dino} sxci stopped flat

[14:05] {ese} L nvax .63

[14:07] {dino} ouch dgrdp

[14:09] {dino} jazz

[14:17] {ese} nver heard of that one dino Digital Reality Trust

[14:18] {ese} -20 ouch is right

[14:18] {nemo} Matrix LLC

[14:18] {nemo} as in the movie...bad joke...at least it's clean

[14:19] {dino} lol

[14:19] {dino} otc es

[14:19] {dino} came up on scanner

[14:20] {dino} jazz tempting

[14:20] {nemo} Scanners....I remember that one

[14:20] {nemo} jazz popped

[14:21] {dino} thinking short

[14:22] {dino} can't get it

[14:22] {nemo} nope

[14:23] {nemo} yeah, looking like a good short lower volumes than the previous spikes

[14:23] {dino} too tight sxci, would've worked

[14:23] {nemo} then again...as it jumps some more

[14:26] {larisa} another buyout rumor? whats up with JAZZ?

[14:26] {Threei} no news

[14:27] {dino} investor dude bgt 150,000 shares all i can fing

[14:27] {dino} find

[14:27] {larisa} lol

[14:27] {dino} nemo spike...opps nmo i mean

[14:28] {nemo} in jazz, yeah

[14:30] {dino} esl sm s .00

[14:30] {dino} .02

[14:34] {Threei} watching TIVO and JAZZ for bounce

[14:36] {nemo} is tivo trading?:)

[14:36] {Threei} huh?

[14:36] {Threei} oh

[14:36] {Threei} lol

[14:36] {Threei} sorry, slow todayt

[14:36] {Threei} and no jokes about "today"

[14:36] {nemo} me too...haven't been able to read diddly

[14:36] {Threei} why it's easy

[14:36] {Threei} D

[14:36] {Threei} I

[14:37] {Threei} then double D

[14:37] {Threei} see?

[14:37] {nemo} G

[14:37] {nemo} A

[14:37] {nemo} W

[14:37] {nemo} D

[14:37] {nemo} !

[14:38] {Threei} retreat a little TIVO, I need a range

[14:39] {Threei} ugh

[14:50] {dino} tyg

[14:55] {Threei} grrr

[14:55] {nemo} jazz

[14:55] {Threei} JAZZ was so easy tyo read short off .50

[14:55] {Threei} unavailable

[14:55] {nemo} yeah

[14:59] {nemo} my heart can't take all this excitement...thank god for my beard, else I'd have split my chin

[15:02] {nemo} calling it a day. take care...c u next tuesday

[15:02] {larisa} bye :)

[15:03] {dino} cya

[15:03] {Threei} take care nemo

[15:17] {ese} outta here all.....have to prep for a Blues Bash Festival this weekend.....beer drinking starts in T minus 1 hr 45min......it's a moment that i preped for for very diligently in college to apply those skills when needed....in this case in exactly t minus 1hr 43 min.....wish me luck

[15:17] {Threei} good luck ese

[15:17] {Threei} hey, tell me where to go if I do

[15:17] {Threei} and when

[15:17] {ese} hopefully we see you on monday vad

[15:18] {ese} down in the inner harbour where the dragon boat festival was

[15:18] {Threei} ship point

[15:18] {Threei} what time?

[15:18] {ese} our show starts at 4pm monday.......hopefully with no rain

[15:18] {Threei} got it

[15:19] {Threei} GRMN July and August exceed expectations, expects good 4Q: statement

[15:19] {Threei} - Price declines in line with expectations (31.75, +0.20, 0.63%)

[15:20] {Threei} wow

[15:20] {Threei} nice reaction

[15:27] {dino} esl stopped -.38

[15:30] {dino} lol es, just read that

[15:32] {Threei} Market Internals update at 3:30pmET

[15:32] {Threei} - NYSE volume 710M shares, about 16% below its three-month average; advances lead decliners by 3.1:1.

[15:32] {Threei} - NASDAQ volume 1.4B shares, about 23% below its three-month average; advancers lead decliners by 2.1:1.

[15:32] {Threei} - VIX index -7% to just over 25.00

[15:37] {fernp} good evening everybody. have a nice weekend

[15:37] {Threei} have a great one fern, hope we fixed this week today

[15:39] {dino} u2 fern

[15:42] {dino} giii to flat

[15:44] {dino} jst

[15:46] {dino} giii to .45

[15:47] {dino} to .49

[15:49] {dino} out giii .50, +.11

[15:53] {Threei} okay guys

[15:53] {Threei} thank you all

06[15:53] * magoo slaps Threei around a bit with a large trout

[15:53] {Threei} let;s have a great relxing long weekend

[15:54] {Threei} even you magoo

[15:54] {larisa} see you next week :)

[15:54] {Threei} September promises to be interesting

[15:54] {Threei} see you all on Tuesday unless ese pours too much beer on Monday

[15:54] {dino} coors light

[15:55] {dino} cya vad

[15:57] {magoo} have good weekend all..ty boss

[16:00] {dino} tis out half .75, -.15

[16:02] {dino} thx all, have good extended weekend

Sep 03 2009

Another boring day. Just waiting out till after Labor Day

Session Time: Thu Sep 03 00:00:00 2009

[07:55] {magoo} wrirhrwligrhlrehrgehllrjkr

[07:55] {nemo} aslfwossjaprw!!

[07:56] {magoo} r';prs;okjpgrjj

[07:56] {nemo} I have to stop before I get in trouble

[07:56] {Threei} Yesterday 22:32 SVA China approves application to produce H1N1 (swine flu) vaccine

[07:56] {Threei}

[07:57] {nemo} Not sure I'm big on a Chinese swine flu vaccine

[07:57] {Threei} SVA sure is

[07:57] {nemo} THey producing it here for there? THat's different

[07:58] {Threei} ummm

[07:58] {Threei} let me reiterate:

[07:58] {Threei} Yesterday 22:32 SVA China approves application to produce H1N1 (swine flu) vaccine

[07:58] {Threei}

[07:59] {Threei} now, if it said:

[07:59] {Threei} SVA China approves NVAX's application to produce H1N1 (swine flu) vaccine

[07:59] {nemo} I get the feeling you're frisky this morning

[07:59] {Threei} I'd agree, SVA is not the one who will produce it

[08:02] {magoo} vad,u didnt say good morning magoo...first time in 3 years

[08:02] {magoo} AIG moving

[08:02] {Threei} Good morning magoo

[08:03] {magoo} morn vad:)

[08:03] {Threei} (I was checking if you pay any attention - didn't want to take it as a given)

[08:03] {Threei} good save?

[08:03] {magoo} yea...man, alot of green out there

[08:09] {magoo} whats up with fre & fnm?

[08:10] {nemo} nm

[08:10] {nemo} fnm

[08:10] {nemo} what am I doing

[08:11] {magoo} solars popping too

[08:11] {Threei} no specific news... I assume general market strength

[08:11] {nemo} they've been weak for the last month or so

[08:12] {Threei} Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET

[08:12] {Threei} - Expectations for initial claims are 565K v prior release of 570K (range seen from 550K to 580K)

[08:12] {Threei} - Continuing claims seen at 6.125M v prior 6.133M. (range seen from 6.100M to 6.200M)

[08:30] {magoo} numbers out

[08:30] {Threei} *US INITIAL JOBLESS CLAIMS: 570K V 564KE; CONTINUING CLAIMS: 6.234M V 6.130ME

[08:30] {nemo} spy and qs dropping

[08:30] {Threei} Prior jobless claims revised from 570K to 574K

[08:47] {brian3579} gm all

[08:49] {Threei} brian :)

[08:49] {Threei} ECB's Trichet: Reiterates will quickly unwind stimulus measures when economy recovers; will absorb liquidity to counter any threat to price stability

[08:50] {Threei} so what he is saying is: there is no inflation threat as they'll be able to absorb back their injections

[08:50] {Threei} and remove excessive money slushing around

[08:55] {nemo} which of course will slow the economic activity

[08:59] {Threei} SVA is honestly trying

[09:00] {nemo} aig looks like it's chomping at the strting gate

[09:00] {Threei} C Announces Shareholder Approval Of Increase In Authorized Common Shrs, Paving Way To Complete Shr Exchange (4.56, 0.00, 0.00%)

[09:03] {brian3579} what was the symbol of the stock that was halted yesterday?

[09:03] {Threei} SEPR

[09:03] {brian3579} ty

[09:03] {nemo} aig took out morning high

[09:04] {brian3579} anyone ever caught in that position?

[09:04] {Threei} looooong ago

[09:04] {Threei} very unpleasant

[09:04] {brian3579} scary

[09:05] {Threei} rule of thumb: stay away from huge moves with no news

[09:05] {Threei} those tend to get halted

[09:06] {dino} gm all

[09:06] {Threei} dino :)

[09:09] {ese} i'm here...i'm here....let the bells ring let the banners fly ....i'm here.

[09:10] {Threei} lol

[09:10] {Threei} mornng ese

[09:10] {ese} morning vad

[09:10] {nemo} better have your prescriptions adjusted

[09:10] {ese} was just thinking that

[09:10] {nemo} aig running again

[09:11] {Threei} (CH) Chinese Central Bank Adv: See economic recovery being sustained into 2010

[09:11] {magoo} man..my targhet AIG yesterday was 42

[09:11] {magoo} day early

[09:12] {Threei} lol, here is news I need a bottle of vodka to understand:

[09:12] {Threei} RHT Optimizes virtualization with HP for bladesystem matrix

[09:13] {ese} thats ben an interesting if not phonomenal run for aig.....15 bills to 55 in 17 days approx

[09:13] {ese} thats a hmmmmmm vad

[09:14] {fernp} good morning everybody

[09:14] {Threei} if RHT moves on that, I'll need to think of some optimization of virtualization myself

[09:14] {ese} mags do you expect AIG to be heading back to the 950.00/shs eventually?

[09:14] {Threei} fern :)

[09:17] {nemo} sva is shortable

[09:18] {dino} amed, fdo

[09:20] {dino} full day tomorrow?

[09:20] {bluejet} GM

[09:20] {larisa} good morning :)

[09:20] {Threei} bluejet :)

[09:20] {Threei} larisa :)

[09:21] {larisa} vad :)

[09:21] {Threei} yes dino

[09:21] {dino} ty

[09:21] {ese} interesting dino.....price target raised on amed and it gets tanked 8-9 bucks

[09:21] {Threei} Monday closed

[09:22] {magoo} friday a full day vad?

[09:22] {Threei} yes magoo

[09:22] {Threei} Monday closed

[09:22] {larisa} market open tomorrow whole day ?

[09:22] {Threei} yes larisa

[09:22] {Threei} Monday closed

[09:22] {ese} Ahhhhh speaking of Monday Vad......My Rhythm and Blues Band is onat Blues Bash down in the inner harbour from 4pm to 5:15 pm......Lots of beer

[09:23] {larisa} and monday?

[09:23] {larisa} oh

[09:23] {Threei} hmm... sounds tempting ese

[09:23] {Threei} who is paying for beer?

[09:23] {larisa} vad has a lot of patience today for some reason :)

[09:23] {Threei} but wait... I have 13 more to ask about tomorrow and Monday

[09:23] {larisa} lol

[09:23] {Threei} I am trying to bring up the best in myself larisa

[09:24] {larisa} ans we can help to do it :)

[09:24] {larisa} and

[09:24] {Threei} certainly... see, ese invites me a aparty with beer... that usually brings out the best in me

[09:25] {ese} Vad dcc please

[09:28] {dino} amed ceo leaving

[09:29] {dino} left i should say

[09:30] {texus} gm

[09:31] {Threei} texus :)

[09:31] {ese} dino have you got a buy in point for amed

[09:31] {Threei} Long Setup: SVA half lot .40 break

[09:31] {Threei} if stays above .25

[09:31] {dino} not yet

[09:31] {dino} 28.65 june

[09:32] {dino} 30 strike maybe

[09:32] {nemo} bounce on sva vad?

[09:35] {magoo} ytea

[09:38] {Threei} Long Setup: RIMM .20 break

[09:38] {Threei} if stays above .05

[09:39] {ese} L nvda ,37

[09:40] {Threei} no go RIMM

[09:41] {Threei} SVA is returning to the high so stubbornly

[09:41] {dino} amed 30s

[09:49] {Threei} Long Setup: SVA 10 break

[09:49] {Threei} if stays above .90

[09:50] {Threei} grr

[09:50] {ese} out nvda .43 +.06

[09:56] {ese} that L setup for sva still good vad

[09:57] {nemo} seems to be building a base

[09:57] {ese} nope

[09:57] {Threei} technically yes... I just don't find much technicala working today

[09:57] {ese} at .89

[09:58] {Threei} S&P: US High Yield Default Rate 10.2% in August

[09:58] {Threei} sitting out this hectic action

[10:00] {Threei} *AUG ISM NON-MANUFACTURING COMPOSITE: 48.4 V 48E

[10:00] {Threei} **Sub-indices:

[10:00] {Threei} - Non-Mfg Prices Paid Index: 63.1 v 41.3 prior

[10:00] {Threei} - Employment: 43.5 v 41.5

[10:00] {Threei} how's that for technicals?

[10:01] {dino} fast drop

[10:02] {ese} gonna be same market as yesterday...Red, Green, Red, Green....blah blah blah...

[10:02] {larisa} laser quote problems or it is just me?

[10:03] {Threei} fine today so far

[10:03] {nemo} yeah, me too, switch servers lari

[10:03] {larisa} ty

[10:06] {nemo} gold dumped

[10:07] {nemo} shoulda' stuck with my sva short

[10:11] {Threei} you shorted it?

[10:12] {nemo} yeah, pre-market, only 200 shares @ .45 got out A .25

[10:13] {nemo} I didn't see this coming, chicken-little-scalpers-regret

[10:13] {nemo} sorry, out @ .26

[10:13] {dino} abm sm l .10

[10:14] {ese} what stock was that nemo?

[10:14] {nemo} sva

[10:15] {nemo} had tht double top @9:15

[10:15] {Threei} ECB's Stark: Latest data suggests that worst of economic crisis is over; must not over interpret monthly data

[10:15] {Threei} - Likely Bumpy Road Ahead for Economy

[10:16] {dino} amed?

[10:21] {ese} what are ya thinkin dino

[10:21] {ese} been watchin it

[10:21] {Threei} BCRX woke up all of a sudden

[10:22] {ese} amed is at what i would call the no brainer buy point......

[10:22] {Threei} ahh

[10:22] {Threei} BCRX Hearing takeover chatter circulating

[10:22] {Threei} - Shionogi rumored as potential acquirer (11.60, +0.58, 5.26%) (related 4507.JP )

[10:22] {nemo} dcc ese

[10:24] {fernp} HIG vad?

[10:24] {dino} 30

[10:24] {Threei} not sure fern... bounces just don't work

[10:25] {ese} i'm thinkin that dino

[10:26] {ese} it's worth in the flippin 40's basically from what i can see just quickly looking at financials.......

[10:26] {ese} oops swear word....financials

[10:26] {dino} wish they would say something

[10:26] {dino} lol

[10:28] {dino} sm giddy up

[10:28] {dino} .25 wide

[10:29] {Threei} CEPH Hearing takeover chatter circulating

[10:29] {Threei} - GSK rumored as potential acquirer (56.26, +0.21, 0.37%) (related GSK )

[10:30] {ese} l amed sm as well .17

[10:34] {dino} abm stopped -.30

[10:35] {ese} added some more amed avg.27

[10:35] {Threei} Long Setup: VICL .10

[10:35] {Threei} stop under 5

[10:37] {magoo} in

[10:37] {dino} good girl

[10:37] {ese} out amed ,,76

[10:37] {dino} nice

[10:37] {ese} +.49

[10:37] {magoo} nice

[10:37] {dino} feels like 32-33 to me

[10:38] {ese} 3/4 lot 400 bucks can't complain

[10:38] {Threei} wtg

[10:38] {ese} you have more of a sense for thses than i do dino

[10:38] {Threei} ELN Ticking higher on renewed takeover chatter circulating

[10:38] {Threei} - Lundbeck rumored as potential acquirer (7.31, +0.26, 3.69%) (related LUN.DC BIIB )

[10:39] {nemo} 1:1

[10:39] {fernp} ty vad

[10:39] {Threei} welcome

[10:39] {Threei} something had to work finally

[10:40] {magoo} waiting .20 no fill

[10:40] {nemo} transition week

[10:40] {magoo} out now 6k TY

[10:40] {ese} 392.00 bucks to be exact

[10:41] {ese} nice dino.....amed moving up there

[10:41] {magoo} 600 bux i calcubalate

[10:42] {nemo} took your shoes and socks off, huh?

[10:42] {ese} right on mags

[10:42] {magoo} yea..size DOES matter:)

[10:43] {dino} stop to .99

[10:44] {nemo} yeah...and those brass ones of yours

[10:44] {nemo} or steel, if you prefer

[10:44] {ese} definately.......

[10:45] {dino} stopped amed .99, +.74

[10:45] {ese} size in very very short time frames.....15/20 seconds is best for me

[10:46] {ese} nice dino......

[10:46] {ese} how do you trail the stop.....

[10:46] {magoo} ya man..thats what i liker

[10:46] {dino} abm last try ,04 l

[10:46] {magoo} hate a trade that drags on and on for like 75 seconds

[10:46] {dino} manuallymove it

[10:47] {dino} too tight tho

[10:47] {ese} .05 .10 behind ?

[10:47] {dino} i start around 150 sl, then move

[10:47] {nemo} like that huge short all afternoon while dino was on vacation mags

[10:49] {ese} L fitb .14

[10:52] {dino} hiot 32.30 i was right

[10:53] {Threei} OSIR

[10:53] {Threei} Osiris Therapeutics Inc Heaing weakness attributed to rumor originating from chat room that data has been leaked

[10:53] {Threei} - note: In April, OSIR, completed Enrollment in its Second Prochymal Phase III Trial for Graft vs. Host Disease (GvHD), and said it expected top-line data from both studies in the second half of 2009.

[10:54] {ese} give me a break...qqqq's break up and fitb hangs at .15........well I never

[10:54] {ese} what kind of way to make a living is this?

[10:55] {nemo} Dino amed, maybe to 33-34?

[10:56] {nemo} ese, fitb looks something like fas today, might be my imagination, but AIG seems to have been leading financials last couple of days

[10:56] {nemo} it's flat the last 20 minutes

[10:56] {ese} hmmmmm tks nemo.......good thought

[10:57] {dino} nemo 36s imo

[11:00] {ese} for amed?

[11:00] {nemo} yeah

[11:00] {nemo} that would be the next level 35.50-36

[11:01] {ese} out fitb .21 +.07

[11:02] {ese} opps .20 +.06

[11:02] {ese} hmmmm thought i had .21 there

[11:07] {dino} out abm stoped -.32. fool me twice done w/it

[11:13] {dino} amed power struggle departures

[11:14] {dino} 10:47 am on cyber

[11:14] {dino} dj news

[11:16] {Threei} IFON Hearing chatter that company may receive the rights to sell iPhone in China (2.04, +0.53, 35.10%) (related CHU )

[11:17] {Threei} (US) Dept of Transportation (DOT): higher gas taxes and road mileage charges are options for raising revenue

[11:17] {Threei} of course they are

[11:17] {Threei} - Note: On 8/28 China Unicom signed a 3 year agreement with Apple to launch the iPhone; which was not exclusive

[11:17] {nemo} wait until they start charging for toilet flushes

[11:18] {ese} they do in europe......have to pay to use some toilets

[11:18] {dino} ny city too

[11:19] {nemo} I suppose breathing can't be that far behind, we do emit CO2

[11:20] {dino} intc strange

[11:20] {ese} in ny? didn't kn ow that

[11:20] {nemo} mmmmhhh, amed's ascent coincided with spy and Qs

[11:21] {dino} some new street toilets, .25 to use

[11:23] {Threei} IFON tries to tuirn into momo runner...

[11:26] {Threei} holding well so far

[11:26] {Threei} 2.20 break should be a launching pad

[11:26] {Threei} realize the risk

[11:27] {Threei} alternative way to try it - break of that big offer at .15

[11:27] {Threei} if it's taken out, .20 shouldn't hold

[11:28] {nemo} kinda' stands out, doesn't it...

[11:29] {nemo} went from 268 to 700+ back to 500+

[11:30] {nemo} Vad, do you think those just move down to 2.11 and 2.13

[11:30] {Threei} no

[11:30] {Threei} they are all there

[11:31] {dino} dllr hl l .25

[11:33] {Threei} one scenario this kind of things spometimes follows:

[11:33] {Threei} stock retreats, huge offer chases it down,

[11:34] {Threei} at some point the price becomes attractive enough for buyers to take it out

[11:34] {Threei} and that become a trigger.

[11:34] {Threei} Stock ususlly comes into level where such offer originally sat,

[11:34] {Threei} pauses for a sec,

[11:34] {Threei} then blows through it as buyers realize it's no longer there

[11:35] {dino} amed 34 trig imo

[11:37] {dino} hmmm better to grab pullback

[11:42] {nemo} gold has exploded

[11:42] {dino} cski

[11:43] {ese} which ticker nemo?

[11:43] {nemo} gld

[11:43] {ese} tks

[11:44] {ese} i'll say

[11:44] {nemo} a bit hyperbolic, but it ha been hanging between +.20 and +.40, I then look and it's +1.20

[11:45] {Threei} Gold Moves above $990/oz

[11:47] {ese} ya know ya can't brush your teeth with it......watch pirates of the Caribean with it.....drive it.......hit it with a golf club....man what good is it?

[11:47] {ese} paper weight

[11:48] {nemo} silver in bullets is good against vampires an werewolves

[11:48] {ese} ok now that has some practical use

[11:49] {ese} gold chalis for drinking vodka....now thats practical use

[11:50] {nemo} kinda' heavy...

[11:50] {ese} ya ok......i'd spend 990 an ounce to drink booze from it

[11:50] {ese} can see the value in it now

[11:50] {nemo} like cursing in French

[11:51] {ese} lol

[11:53] {Threei} 51% Say Congress is Too Liberal, 22% Say Its Too Conservative

[11:53] {Threei} Most Voters Say Town Hall Meetings Should Be for Congressmen to Listen, Not Speak

[11:53] {Threei} no kidding

[11:54] {Threei} 47% Expect Their Own Taxes to Rise Under Obama

[11:54] {Threei} 53% don't give a crap since they don't pay taxes

[11:54] {nemo} took the words right out of my mouth

[11:55] {Threei} don't you love these daily poll updates

[11:55] {nemo} no

[11:55] {Threei} that was rhetoric question

[11:55] {ese} wayyyyyyy to much time on our hands don't you think?

[11:55] {nemo} that was a rhetorical answer

[11:56] {nemo} you're right ese, that's how I got in trouble a coupla' days ago

[11:56] {ese} gotta love this job........

[11:57] {nemo} please don't call it that

[11:58] {ese} although.........we must be driving vad nuts by now.......Vads thought process("my god....what have igotten myself into with these kooks")

[11:58] {ese} "I've spawned a nightmare".....

[11:59] {Threei} well

[11:59] {magoo} i have apptmt...see u all tomorrow..ty vad..everybody

[11:59] {ese} see ya mags

[11:59] {Threei} I kind of knew what I was getting into... I just didn't know it would be THAST deep

[11:59] {nemo} take care Mags

[11:59] {Threei} take care mags

[11:59] {nemo} had to switch from ankle boots to waders and scuba gear, huh?

[12:00] {ese} for me the barbecues have been worth it........forget the trading

[12:00] {Threei} and just FYI, got myself a spear too

[12:00] {nemo} kurari on the tip?

[12:00] {ese} ha ha ha too funny

[12:00] {Threei} always

[12:01] {nemo} don't call you "Vad the Impaler" for nuttin'

[12:01] {Threei} hate these days when I am not finding much

[12:01] {Threei} not that I have any reason to complain about how August went

[12:01] {ese} and on that note......L FITB .23

[12:01] {nemo} member those few days late spring, what was it end of may, beginning of July?

[12:01] {Threei} and I knew that last days before labor day are not likely to produce much

[12:01] {nemo} And then you kicked ass all through the Summer

[12:01] {Threei} still...

[12:01] {nemo} beginning of June

[12:01] {ese} qqqq's look like it's about to break up

[12:02] {Threei} it's the same as those few days

[12:02] {Threei} transition... trend in question... momos are less enthusiastic

[12:02] {nemo} yeah...frankly, I got a kick out of you playing with the GETCO routing and making money...disgusting

[12:03] {ese} getco?

[12:03] {Threei} Laser thing ese

[12:03] {nemo} on Laser ese

[12:03] {Threei} no ECN fee

[12:03] {ese} ahhhhhh

[12:03] {ese} nice

[12:04] {Threei} kind of flash order into dark pools - for humle retail traders

[12:04] {nemo} hear any more on the automatic routing strategy for that Vad?

[12:04] {Threei} haven't asked

[12:04] {Threei} when I see dave my first instinct is to slap him

[12:05] {Threei} when I remember that I had questions for him, he is already unconscious

[12:05] {nemo} we'll have to keep an eye out, no Mags to do the dirty work

[12:05] {Threei} BRIC finance ministers reportedly intend to discuss exit strategies and the global economy at Sept G20 meeting, special BRIC communique may include proposals for IMF quotas

[12:05] {Threei} - Treasury Sec Geithner plans to attend the BRIC fin min conference

[12:05] {ese} somebody take a look at the 15min chart of FITB and tell me it's not going to break above .25......

[12:05] {Threei} lol

[12:05] {Threei} do they plan to let him in?

[12:06] {nemo} he better wear flak gear

[12:06] {Threei} Ford Motor Co Discusses Investment in India; $500 Million Investment in India Paying Off

[12:06] {Threei} - Plant Readies for Production of New Small Car

[12:06] {Threei} - integrated manufacturing facility near Chennai

[12:06] {ese} come on......q's breaking up........fitb whats the problem

[12:07] {nemo} nice box range ese

[12:07] {ese} thats what i thought

[12:07] {nemo} fas and aig in box range too

[12:08] {ese} fas for sure......aig ummmmmmm not so much

[12:09] {nemo} depending on time frame true

[12:09] {dino} es, you're the golfer right?

[12:10] {ese} right

[12:10] {ese} and putting better these days i might add

[12:10] {dino} just got lynx square driver, hitting it 295+ last night. easiest driver i ever had

[12:10] {ese} need me for a tournament dino

[12:10] {ese} nice

[12:11] {ese} am trying new drivers as well to go along with my new Cobra CB's

[12:11] {dino} thing was only $79.99 at golfsmith, unbelievable. 9.5 degree stiff

[12:12] {ese} WHAT!!!!!!!!

[12:12] {nemo} somebody get smelling salts for ese

[12:12] {ese} midnight golf supply?

[12:12] {dino} no kidding

[12:12] {ese} there ain't anything under 300.00 around here

[12:13] {nemo} Funny to think back about using wood "woods"

[12:13] {dino} golfsmith.com

[12:13] {nemo} but he's in Canada, they'll whack him for import duties hard

[12:13] {dino} thought what the heck was using a couple year old e.r.c.

[12:13] {ese} am looking at that right now

[12:14] {dino} figured could sell it if no good, now thinking i need another one for myrtle beach trips

[12:15] {nemo} conspicuous consumption...tsk

[12:15] {ese} which one is it....predator/black cat?

[12:15] {ese} parallax?

[12:16] {dino} parallax

[12:16] {dino} the 08

[12:17] {Threei} get a friend or relative in USA to buy it before they come to visit you

[12:17] {Threei} I mean, buy it with shipping to their address

[12:18] {ese} 79.00....thats a great price......are those adjustable weights on the shaft end

[12:18] {ese} or are they preset?

[12:19] {dino} preset

[12:20] {ese} still excellent price

[12:21] {dino} thing is awesome for my swing

[12:21] {brian3579} just got back not sure what's going on but taylor made burner $150 @ golf smith and i think you can get online for $100

[12:21] {dino} great price too

[12:21] {ese} just looking at those as well brian

[12:21] {brian3579} great driver

[12:21] {ese} have been interested in the 2007/08 burner driver

[12:22] {dino} grow

[12:22] {brian3579} what is $79.00

[12:22] {brian3579} 08 burner 150 09 300 i think

[12:22] {ese} lynx parallax driver

[12:23] {dino} grow spiked couple days ago to 12.20 then fast drop fwiw

[12:24] {dino} ugh, can't borrow

[12:24] {ese} talk baout side tracked.....fitb still not broken above .25

[12:28] {Threei} US) CDC Official: Still expects H1N1 (swine flu) to return in mid October, US is in the process of releasing $1.5B in flu preparedness funding

[12:30] {dino} amed pull back

[12:31] {nemo} sva pull back too

[12:32] {Threei} US) Senator Schumer (D): Proposes funding SEC from fees rather than Congressional appropriations

[12:32] {Threei} - Expects Senator Tim Johnson (D-SD) to assume Senate Banking Committee chairmanship if Senator Dodd vacates the position.

[12:33] {dino} dllr to .40

[12:33] {nemo} dltr

[12:33] {nemo} dltr?

[12:34] {dino} d l l r

[12:34] {dino} in at .25 see above

[12:34] {nemo} thanks, I knew you play dltr and misse your call

[12:35] {dino} np

[12:35] {dino} es amed entry?

[12:36] {nemo} volume didn't increase with price on amed

[12:36] {dino} .50 way dllr

[12:37] {dino} wy=wall

[12:37] {dino} way, sheesh

[12:37] {nemo} getting much better at Threeish

[12:37] {nemo} sva volume spike

[12:39] {Threei} do note IFON

[12:40] {Threei} still hasn't died

[12:40] {dino} mco blood

[12:44] {dino} dllr to .48

[12:45] {dino} stopped +.23

[12:46] {dino} kof

[12:49] {Threei} watching R'IMM acending triangle

[12:49] {Threei} not so much for a trade as to see if any patterns are back

[12:51] {nemo} aig forming ascending wedge too

[12:51] {nemo} amn

[12:51] {nemo} damn

[12:57] {dino} cbst

[13:01] {Threei} no way to tell really, but the fact that IFON returned to 2 and tests this range could be indicative of late day run preparation

[13:01] {Threei} just keep an eye on it

[13:01] {Threei} if that chatter turns true, it's a big mover

[13:01] {Threei} if not but there is no denial to it, it may try to run on speculation

[13:02] {Threei} INTC CEO: Windows 7 and aging PCs could spur some tech buying -FT (19.32, -0.15, -0.77%) (related MSFT )

[13:03] {Threei} RIMM broke

[13:06] {Threei} 1:2 almost

[13:06] {Threei} not bad

[13:09] {Threei} first of three big offers by EDGX is taken on IFON

[13:10] {Threei} two more, at .10 and .15, then chart resistance at .20..

[13:10] {Threei} lol

[13:10] {nemo} rimm vertical

[13:11] {Threei} with no news and no market support

[13:11] {Threei} some of technicals are back it seems

[13:11] {Threei} that ascending triangle sure was pretty

[13:12] {Threei} second offer is taken

[13:18] {Threei} in absence of magoo who would be all over it... who is going to play IFON should it trigger?

[13:18] {nemo} I volunteer larisa...but she's not here

[13:19] {dino} amed sm l .18

[13:19] {fernp} 2.20 break is the tigger?

[13:20] {Threei} formally yes

[13:20] {Threei} in reality, I think if .15 offer is taken,

[13:20] {Threei} .20 won't hold

[13:20] {fernp} EDGX offer, no?

[13:20] {Threei} yup

[13:24] {Threei} moment of truth

[13:25] {Threei} couple test buys, to see if EDGX back away

[13:30] {dino} sm s cbst .62

[13:32] {Threei} Gold prices look to end floor session at levels not seen since March after testing $999/oz

[13:43] {ese} fitb is pulling another NVDA yesterday on me.....it's not going to do anything the rest of the day

[13:43] {Threei} pre-long weekend trading, ese...

[13:43] {Threei} end of summer

[13:43] {Threei} people pack in hampton

[13:46] {dino} mhp

[13:51] {dino} cbst stopped -.34

[13:59] {Threei} MTXX Hearing rumor company provided a modified Zicam formula to the FDA

[13:59] {Threei} - rumor that the modified formula would avoid the side effects seen in the nasal spray that caused i... (6.05, +0.91, 17.70%) more...

[13:59] {Threei} nasal spray that caused it to be withdrawn from the market in June.

[14:00] {Threei} too many rumors

[14:00] {Threei} dino

[14:00] {Threei} see LH?

[14:01] {Threei} LH Breakthrough HIV findings published in journal Science (69.06, +0.19, 0.28%)

[14:02] {Threei} Journal Science publishes research on HIV-blocking antibodies, possible basis of HIV vaccine

[14:03] {dino} amed stop to .38

[14:04] {dino} out amed +1.20

[14:05] {dino} lh is a device maker isn't it?

[14:06] {dino} testing firm

[14:06] {dino} ugh amed

[14:10] {nemo} aig remarkably sedate today

[14:11] {Threei} pretty much everything is

[14:11] {dino} cbst rinsed

[14:12] {dino} you guys are funny, i'm picking up lots today

[14:12] {nemo} I said aig...amed has been an animal both ways

[14:12] {nemo} aig has been crazy

[14:14] {dino} aig govt pump and dump imo

[14:19] {Threei} SVA is losing all supports

[14:21] {dino} lrn hl l .80, stop .49

[14:24] {Threei} TM US Trade Complaint Surrounding Hybrid Motor Pads

[14:24] {Threei} Could Face Ban on US Import of Hybrids

[14:25] {Threei} anyone shorted?

[14:26] {nemo} what? sva?

[14:26] {Threei} Toyota

[14:26] {Threei} see news?

[14:27] {nemo} yes, but I can't imagine that lasting long...they're the largest car manufacturer here

[14:28] {Threei} how long do you need it last to scalp?

[14:31] {dino} lol

[14:31] {nemo} you short it dino?

[14:35] {ese} outta here all....see ya tomorow

[14:35] {Threei} take care ese

[14:36] {ese} see ya vad

[14:36] {dino} no

[14:36] {dino} see ya es

[14:48] {nemo} cbst dino

[14:48] {nemo} amed getting the wedge

[14:49] {dino} bummer

[14:50] {dino} cbst, i was too soon

[14:50] {dino} lrn working

[14:57] {nemo} gotta' go c u 2 morow

[14:58] {dino} cya nemo

[15:06] {Threei} F Moody's raises rating to Caa1 (7.13, +0.10, 1.42%)

[15:06] {Threei} outlook adjusted to stable from negative

[15:06] {Threei} - Affects $25B in debt (7.13, +0.10, 1.42%)

[15:08] {Threei} F is trying

[15:11] {Threei} not bad for a thick stoxck like this

[15:12] {Threei} ese's style of scalping

[15:12] {Threei} he would have taken 6-7 cents on it on 30K shares :)

[15:13] {dino} he's good at that

[15:14] {Threei} IDCC Rumors of ITC Overturning Nokia Decision - unconfirmed reports

[15:15] {Threei} this upgrade seems to mean a fair deasl to F

[15:15] {Threei} been a good while since it made such vertical moves

[15:20] {dino} unless they were down

[15:20] {Threei} lol

[15:20] {Threei} true

[15:20] {patience} hard to believe we used to trade 800 point swings in a day last year

[15:21] {dino} glad thats not so common any more

[15:23] {dino} v sm l neu .92

[15:24] {patience} that is one extreme trading environment since joining up with vad, the other time was 2004 and 2005 when extreme momo plays....i miss those

[15:28] {dino} mv

[15:29] {dino} 2000 was tough too

[15:29] {dino} mv straight up

[15:29] {dino} merger

[15:30] {Threei} MV FIS receives antitrust approval for acquisitions

[15:32] {Threei} HGSI UBS believes company is an acquisition target, raises price target to $25 from $18 (17.86, +0.40, 2.29%)

[15:35] {dino} every week someone says that

[15:36] {dino} ggc

[15:36] {Threei} GGC S&P raises rating to B from D (29.07, +1.95, 7.19%)

[15:38] {Threei} pulled ese on FORD

[15:38] {dino} out neu .32, +.40

[15:38] {Threei} took 5K under .30, offered .39

[15:38] {dino} taking some amed overnight, v sm

[15:39] {dino} unless it hits 35 before close

[15:39] {dino} then sell

[15:39] {Threei} it may...

[15:40] {Threei} strong close

[15:49] {Threei} 10 minutes later it's 50 cents higher

[15:50] {Threei} 10 minutes left, and 50 more cents left

[15:50] {Threei} I'd say, your chances look good dino

[15:50] {dino} out lrn .97, +.17

[15:50] {dino} yea, would like to dump out soon, in from .60

[15:53] {dino} stop to .39

[15:53] {dino} opps out +.79

[15:54] {Threei} tomorrow is last day to endure

[15:54] {Threei} then things should start picking up finally

[15:54] {dino} hope so

[15:54] {dino} ok, gotta hop, sons' baseball in hour

[15:55] {dino} thx all, good day for me

[15:55] {Threei} whole lot of nithing here

[15:55] {Threei} okay guys, thank you all, have a good evening

[15:55] {Threei} see you tomorrow