Sep 14 2009

Freeport, Bahamas conference - January 2010

Vad's sessions - 2 days, including live trading

Very nice start for the week. Strong moves in LVS and UAUA, scalp BRCM, nice bounce play in KBR

Session Time: Mon Sep 14 00:00:00 2009

[07:57] {magoo} morning
[07:59] {Threei} 7:41:17 AM
[07:59] {Threei} Las Vegas Sands Corp BofA/Merrill Lynch Raised LVS to Buy from Neutral, price target: $21
[07:59] {Threei} - Firm believes that by 2011, LVS will generate 78% of EBITDA and more of EPS from Asian operations, by their estimates.
[08:00] {nemo} in
[08:00] {nemo} :)
[08:02] {Threei} 17.32 Fri high
[08:05] {magoo} u in?
[08:06] {Threei} galf out
[08:06] {Threei} half
[08:20] {magoo} SLXP vad
[08:21] {Threei} 06:00 SLXP Two Phase III trials of Rifaximin in irritable bowel syndrome achieve statistically significant results in primary and key secondary analyses
[08:21] {Threei}
[08:22] {magoo} wow..and 7 points for that
[08:25] {magoo} S news vad?
[08:28] {Threei} I don't have any
[08:29] {Threei} but my news system doesn't like this symbol
[08:29] {Threei} so may just miss it
[08:34] {magoo} sea of red out there
[08:45] {Threei} (US) Fed' s Duke: Expansion of fair value regulation may hurt lending levels
[08:45] {Threei} - Temporary TALF program has been successful, market for CMBS products remains very weak
[08:45] {Threei} - Banks must maintain enough capital to adequately lend and maintain safe base
[08:45] {Threei} - Accounting rules must remove ability of firms to over or underestimate losses
[08:46] {nemo} more shell games
[08:46] {brian3579} gm all
[08:46] {larisa} gm :)
[08:46] {Threei} brian, larisa :)
[09:02] {Threei} LVS is active
[09:02] {Threei} from the charts so far:
[09:02] {Threei} .20 - .25 is a breakout zone by today,
[09:03] {Threei} and .32 just above it is a high from Friday.
[09:03] {Threei} If they all are taken, thing has good chance to run
[09:03] {Threei} generally climate of course is not very bullish today so far,
[09:03] {Threei} and most importantly, we have Prez speech on Wall St at noon
[09:04] {nemo} skf here I come :)
[09:04] {Threei} don't assume anything...
[09:04] {nemo} I'm not
[09:04] {Threei} if market doesn't hear anything threatening, relief rally can be brutal
[09:06] {nemo} It would be nice if the markets would return to normal where they tanked everytime he talked :)
[09:07] {Threei} yeah, now they listen to what is actually said
[09:07] {magoo} skf 3 month low here...but makes sense
[09:07] {nemo} or, because he talks so much, it's just a blur
[09:07] {Threei} or that
[09:08] {fernp} good morning everybody
[09:08] {Threei} fern :)
[09:14] {dino} gm all
[09:14] {Threei} dino :)
[09:15] {ese} morning everyone
[09:15] {Threei} ese :)
[09:16] {ese} and so it begins maybe........dn slide for a while
[09:20] {Threei} also keeping an eye on AXL for possible bounce if/when market stabilizes
[09:23] {dino} option exp fri., usually a 3% move in here
[09:25] {Threei} LVS is trying
[09:26] {ese} etfc
[09:26] {Threei} 9:20:32 AM
[09:26] {Threei} E*TRADE Financial Corp Terminates Stockholder Rights Plan; Files for At The Market Program to Issue $150M in common stock (8% of market cap)
[09:26] {Threei} - Board of Directors has terminated the Companys Stockholder Rights Plan in accordance with the stockholder advisory vote at the Special Stockholder Meeting in August. In addition, the Board of Directors has authorized the commencement of an At The Market (ATM) program to issue common stock for which the Company has entered into an equity distribution agreement with Sandler ONeill + Partners, L.P
[09:27] {dino} watching it, want pullback to 1.50-1.60ish
[09:27] {Threei} - intends to use the proceeds from the sale of common stock to enhance liquidity for the parent company as well as for working capital and general corporate purposes
[09:27] {Threei} - also may sell shares of its common stock to Sandler ONeill, as principal for its own account, at a price agreed upon at the time of sale. If the Company agrees to sell shares to Sandler ONeill, as principal, it will enter into a separate terms agreement with Sandler ONeill, and will describe such agreement in a separate prospectus supplement or pricing supplement
[09:27] {ese} traded11 mil shs to this point
[09:27] {Threei} LVS is momo candidate
[09:30] {Threei} Long Setup: LVS .20 break
[09:31] {Threei} if stays above .10
[09:31] {Threei} not a scalp for me
[09:31] {nemo} in
[09:32] {Threei} no go
[09:32] {fernp} out
[09:32] {Threei} LVS Buckingham Raised LVS to Strong Buy from Neutral, price target: $21
[09:32] {Threei} shakeout?
[09:33] {Threei} Long Setup: AXL .20 break
[09:33] {Threei} if stays above .10
[09:35] {Threei} tough thing to do but
[09:35] {Threei} maybe LVS wiorth retrying
[09:35] {magoo} i did
[09:35] {ese} l lvs
[09:35] {ese} out lvs
[09:36] {Threei} momo
[09:36] {ese} man that was fast ..25 in .34 out 3k
[09:36] {Threei} in the making
[09:36] {ese} no time to type it
[09:37] {dptl} good morning all
[09:37] {Threei} dp :)
[09:37] {ese} ddddddddppppppppp!!!!!!!1
[09:37] {Threei} feels like 18
[09:37] {dptl} :)
[09:37] {ese} yup
[09:37] {magoo} yes
[09:37] {nemo} out .42 lvs
[09:37] {nemo} ty
[09:37] {ese} nice nemo
[09:39] {Threei} AXL 1:1
[09:39] {magoo} yup..ouyt AXL
[09:39] {magoo} ty
[09:40] {Threei} half out LVS .45
[09:41] {ese} nice vad
[09:41] {ese} wanna catch the mid day pullback in lvs
[09:41] {Threei} AXL over 1:2, full out
[09:41] {dino} gj
[09:42] {magoo} out lvs .47..will look to reload
[09:42] {magoo} TY boss
[09:42] {Threei} welcome
[09:42] {Threei} maybe too soon out on AXL... but this upciming speech adds so much uncertainty
[09:43] {magoo} yrcw nuts
[09:43] {nemo} It's so you mags
[09:44] {Threei} IVAN...
[09:45] {ese} yo look at that mags
[09:45] {magoo} in lvs .47
[09:45] {Threei} 1/4 more out LVS .60
[09:46] {Threei} stop to under .40
[09:46] {Threei} letting last portion trade for now
[09:47] {magoo} out..try to reload lower
[09:47] {dino} hl l tndm .00
[09:48] {nemo} insider selling on tndm?
[09:49] {Threei} out last piece of LVS for now
[09:49] {magoo} wheres a good reload..like .15
[09:49] {Threei} sharpo dive under .30 would be interesting for another entry
[09:50] {Threei} .15... not sure we will have a shot at that
[09:51] {dino} tndm to .24
[09:51] {dino} out +.24
[09:51] {dino} ave
[09:53] {ese} nice bounce tndm dino
[09:54] {dino} swi
[09:54] {dino} ty es
[09:54] {magoo} with lvs..feel like in battle and commander is saying "hold hold" as they charge in
[09:54] {Threei} lol
[09:55] {Threei} that dive under .30 was so brief, I didn't go for it
[09:55] {nemo} Funny you should say that, I was thinking of the Braveheart seen where Gibson's saying the same thing
[09:55] {nemo} scene
[09:55] {fernp} BAC Vad?
[09:55] {Threei} I'd prefer to stay clear of financial names for now fern
[09:56] {fernp} ok
[09:56] {Threei} because of that speech coming
[09:56] {ese} dino ...what do you think of the news in tndm
[09:56] {Threei} can introduce unpleasant surprize
[09:57] {dino} what news?
[09:57] {ese} brokers raising estimates
[09:57] {ese} enough to go long on?
[09:57] {dino} ok
[09:57] {nemo} lot of insider selling on Friday though
[09:57] {dino} thx
[09:57] {dino} no idea, just like chjart
[09:58] {dino} see apr, may june, jul aug around exp week, all dropped into 24.50
[09:58] {dino} 23.50 i mean
[09:59] {ese} ok
[09:59] {dino} thats what i liked
[09:59] {Threei} yeah... too soon on AXL
[09:59] {ese} gotcha
[10:00] {ese} axl going after that 13 price target
[10:01] {Threei} CXM Scientific Journal Gene Therapy Reports That Cardium''s Gene Activated Matrix Technology Accelerates Periodontal Tissue Regeneration (2.14, +0.38, 21.59%)
[10:02] {magoo} reloaded .40 lvs
[10:06] {Threei} S Update: Shares raised to Buy from Hold at a boutique firm, price target $8 (Hudson Square Research)
[10:06] {Threei} - pre-open
[10:06] {Threei} here it is mags
[10:06] {magoo} ah
[10:07] {Threei} they probably missed it at the time, so placed it now with remark "pre-open"
[10:07] {Threei} LVS pace picks up
[10:08] {Threei} sharp pullbacks though
[10:08] {Threei} gut wrenching unless you have magoo's gut
[10:08] {Threei} US Rep Frank: Regulatory reform 'on track' - CNBC (related XLF )
[10:08] {Threei} ummm
[10:08] {Threei} cosmo... got any comments?
[10:09] {magoo} took many years to acquire that gut lol
[10:10] {Threei} and many pints of beer I am sure
[10:10] {magoo} and bacon
[10:10] {Threei} bacon is not gut-expnading food
[10:10] {nemo} just artery hardening
[10:10] {magoo} out .60 btw
[10:10] {magoo} look to reload
[10:11] {Threei} arteries must be hard to let all that beer through
[10:11] {nemo} ?
[10:11] {Threei} those who are concerned about guts take beer intravenously
[10:12] {dino} auxl
[10:12] {Threei} GE
[10:12] {Threei} General Electric Co Energy unit confirms signing $2.65B agreement with Kuwait
[10:12] {Threei} - Kuwait Ministry of Electricity and Water has signed a turnkey contract with GE and Hyundai Heavy Industries totaling $2.65 billion for a new, 2,000-megawatt (MW) power plant in Sabiya.
[10:15] {dino} auxl crazy
[10:15] {Threei} I don't understand its news at all
[10:15] {Threei} Auxilium Pharmaceuticals Inc FDA staff questions to what degree physicians and training can affect data in the Dupuytren drug
[10:15] {Threei} - Note: FDA advisory panel scheduled for Sept 16
[10:16] {dino} leakk maybe
[10:16] {dino} w/one k only
[10:17] {ese} l lvs .64 .............taking a shot at the breakout...... probably should have done the pull back....ahhh what the heck
[10:18] {Threei} stron whiff of 18 in the air
[10:19] {Threei} grrr AXL
[10:19] {nemo} yeah, break of .70
[10:19] {magoo} axl 8 too
[10:19] {Threei} MGM Hearing Susquehanna making cautious comments (12.99, -0.28, -2.11%)
[10:19] {Threei} that could trip LVS
[10:20] {dino} v sm s auxl .75
[10:20] {ese} hmmmmm
[10:21] {dino} too soon
[10:21] {ese} gonna give this one chance to break .70
[10:23] {ese} out lvs .73 +.09
[10:23] {ese} good enough
[10:24] {ese} mis read axl.......thought about .50 but didn't do it
[10:27] {ese} 34.75 dino?
[10:27] {magoo} WOW AUXL
[10:27] {dino} dk es, watching it
[10:28] {dino} thought 35 would stop it
[10:28] {Threei} Long Setup: AIG 38 break if stays above 37.80
[10:28] {ese} still might
[10:29] {ese} my indicators indicate topping out
[10:29] {magoo} crap
[10:29] {ese} who knows......too many stocks defy logic
[10:29] {nemo} that was too fast
[10:29] {magoo} went for it missed twuice
[10:29] {fernp} impossible here
[10:29] {dino} missed once here magoo, about 2 bucks ago
[10:30] {Threei} Market Internals update at 10:30amET
[10:30] {Threei} - NYSE volume 265M shares, about 2% above its three-month average; decliners lead advancers by 1.7:1.
[10:30] {Threei} - NASDAQ volume 515M shares, about 4% below its three-month average; decliners lead advancers by 1.5:1.
[10:30] {Threei} - VIX index +3% to just below 25.00
[10:31] {dino} auxl v sm s .70
[10:31] {Threei} sheesh AIG
[10:31] {Threei} US Treasury's Sachs: Would like to bring down Govt's direct role in markets as soon as is possible
[10:32] {nemo} aig just broke friday's high
[10:32] {magoo} out AIG .721..had to chase in .37
[10:33] {magoo} its building mojo
[10:33] {Threei} Long Setup: BRCM .20 break if holding above .15
[10:33] {magoo} GGGGGGGGRRRRRRRRRRR
[10:35] {ese} you mean when it gets there vad......or am i looking at the wrong chart
[10:35] {nemo} broke already ese
[10:36] {ese} yes i am soorry looking at brcd
[10:38] {dino} chtp
[10:39] {ese} had finger on the trigger aig but missed it at 39
[10:39] {ese} wow wow wow that was fast
[10:39] {magoo} i hit .91 out .31
[10:39] {magoo} was too FAST to type
[10:39] {ese} nice mags
[10:40] {ese} i'll say
[10:40] {magoo} [10:33] {magoo} its building mojo
[10:41] {ese} looking at the chart.....38 was a no brainer
[10:41] {nemo} yeah, just blew through it
[10:42] {dino} ctcm l .75
[10:42] {dino} auxl stopped again, done w/it
[10:42] {ese} holy "C" will it ever stop
[10:43] {ese} sheesh
[10:43] {magoo} it has a way of piissing u off even when u win in it
[10:43] {magoo} AIG
[10:43] {magoo} like im out way soon
[10:44] {ese} it causes revenge trading at it finest....or worst
[10:44] {magoo} like there..it prints 06 and tabnks to .59...
[10:44] {ese} ya
[10:46] {Threei} HGSI Hearing takeover chatter circulating
[10:46] {Threei} - PFE rumored to be interested in the company (19.63, +0.41, 2.13%) (related PFE )
[10:46] {Threei} sigh
[10:46] {Threei} bunker is hgard at work
[10:46] {dino} rrgb l .50
[10:47] {magoo} LVS
[10:47] {_slentz} brcm ?
[10:48] {magoo} AXL 8 trying
[10:48] {Threei} BRCM is over 1:1
[10:48] {Threei} if you scalp, take profit
[10:48] {Threei} if want a day trade, sell half and trail stop to under .20
[10:49] {Threei} I am going to take a guess what next stock to have a rumor is
[10:49] {Threei} VVUS
[10:49] {magoo} my guess yourcow
[10:49] {magoo} yrcw
[10:52] {dino} sfsf l .00
[10:52] {magoo} sagh..vids ignoring me
[10:54] {_slentz} missed brcm first time is .30 beak good to get in?
[10:54] {ese} l lvs .71.......this looks like a mini cup and handle to me on 1 min ch
[10:55] {magoo} no imo
[10:55] {magoo} slentz
[10:55] {magoo} dont chase
[10:55] {dino} ctcm to .84
[10:55] {_slentz} ok
[10:56] {dino} to .88
[10:56] {magoo} slentz..alot of trades we looking to wxit .10-.15 cents, so if late let irt go
[10:57] {_slentz} under stand ty
[10:57] {dino} rrgb to .48 stuck
[10:58] {dino} ctcm to .93
[11:00] {dino} out ctcm .94 ave, +.19
[11:01] {dino} sfsf to flat
[11:01] {magoo} where the hecks vad??????
[11:01] {ese} out lvs -.05
[11:02] {dino} reverse slip sfsf out ave .03
[11:02] {magoo} YRCW driving me nuts
[11:02] {magoo} not in
[11:02] {nemo} yeah. .05 area no brainer
[11:03] {nemo} somebody call vad
[11:03] {Threei} mags??
[11:03] {nemo} nevermind
[11:03] {Threei} what's the problem?
[11:03] {magoo} been looking for ya
[11:03] {Threei} what am I radiostation, to speak non-stop?
[11:03] {nemo} He was longing for you Vad
[11:03] {Threei} sigh
[11:03] {magoo} need some color in discussions
[11:03] {nemo} blue
[11:04] {Threei} what's with CLNE
[11:06] {dino} funding 483 trucks
[11:08] {Threei} DNDN Hearing renewed takeover chatter circulating (26.05, +2.21, 9.27%)
[11:08] {Threei} aww... I lost
[11:09] {magoo} holy crap..we can short AIG
[11:09] {Threei} hmm
[11:09] {nemo} whoa baby
[11:12] {dino} brc l .99
[11:14] {dino} rrgb to .61
[11:16] {dino} ctcm again l .01
[11:16] {Threei} line on CNN: Clinton, Obama to have lunch on Monday
[11:16] {Threei} I don't even know where to start
[11:16] {nemo} Hillary or BIll?
[11:17] {dino} i suppose there will be a televised speach too
[11:17] {dino} eer
[11:18] {Threei} I fully expect to see one fine day: (insert WH official) to visit a restroom on Tue
[11:18] {nemo} or the cloak room off the oval office :)
[11:19] {dino} dino wondering if monica will be there
[11:19] {magoo} and some cubans dino:)
[11:20] {dino} indeed
[11:20] {fernp} CAT 49 break?
[11:21] {Threei} ummm
[11:21] {Threei} lol
[11:21] {Threei} let's try to get pullback
[11:21] {fernp} late
[11:22] {Threei} CAT rarely goes straight up
[11:23] {dino} brc to .20
[11:23] {Threei} perfect pullback into new support
[11:24] {dino} out brc .20, +.21
[11:25] {dino} out rrgb big slip, ave .70, +.20
[11:28] {Threei} guys, two links for you
[11:28] {Threei} seminar program and all the surrounding stuff:
[11:28] {Threei} http://www.realitytrader.com/23CB10CPDF09092009.pdf
[11:28] {Threei} my program for two days:
[11:29] {Threei} http://www.realitytrader.com/02CB10CVGdetails09092009[1].pdf
[11:30] {dino} kbr
[11:31] {Threei} and for when you have time, some new additions to http://www.realitytrader.com/photography/
[11:31] {nemo} lvs again but getting close to zero-hour
[11:32] {dino} kbr l .00
[11:32] {larisa} nice pics
[11:33] {dino} hate to see kbr lose a bid
[11:33] {Threei} ty
[11:35] {dino} kbr stopped -.14
[11:40] {Threei} AVII Demonstrates Effectiveness of Immune Control via RNA-Based Therapeutics in Hemorrhagic Virus Infections (2.18, +0.13, 6.34%)
[11:40] {Threei} SPPI Ticking higher on renewed takeover chatter
[11:40] {Threei} - Bayer rumored as a potential acquirer with price chatter in the mid-teens. (7.32, +0.25, 3.54%)
[11:41] {Threei} ah come on
[11:43] {Threei} we need our spy in the Rumor Bunker
[11:45] {dino} kbr l .50
[11:45] {nemo} I was just going to say, "Dino KBR"
[11:46] {dino} :)
[11:46] {dino} toughie, wins 2.+ billion contract and dies
[11:49] {Threei} Reminder: President Obama expected to speak on financial market reform at a little after 12pmET in NYC
[11:50] {Threei} Long Setup: KBR .50 break if stays above .30
[11:53] {magoo} in btw
[11:54] {Threei} 1:1
[11:57] {Threei} Toyota Motor Corp Exec: Expecting Western Europe sales to decline 10% in 2010 if no stimulus exists - frankfurt show
[11:57] {Threei} - Forecasting sales of 500-600K hybrid models in 2009 worldwide
[11:57] {Threei} - aiming to launch fully electric vehicle in 2012
[11:58] {magoo} out .81 nice one
[11:58] {Threei} 1.5:1
[11:58] {Threei} lol
[11:59] {dino} kbr to .74
[12:00] {dino} to .79
[12:01] {dino} to .84
[12:01] {Threei} 1:2 baby
[12:03] {dino} to .90
[12:03] {dino} tear down that wall
[12:04] {dino} out .96,
[12:04] {dino} +.46
[12:05] {Threei} wtg
[12:08] {dino} ty
[12:12] {nemo} mags...look
[12:12] {laserdave} hey guys
06[12:12] * magoo slaps lasertrev around a bit with a large trout
[12:13] {laserdave} ummm
[12:13] {laserdave} lol
[12:13] {nemo} mags...you missed
[12:13] {laserdave} nice one gooby
[12:13] {Threei} rofl
[12:13] {magoo} oh crap
06[12:13] * magoo slaps laserdave around a bit with a large trout
[12:13] {laserdave} as you guys can see there is now a lasertrev here
[12:13] {Threei} BAC Judge rejects consent decree between BAC and SEC over Merrill Lynch merger - WSJ
[12:13] {laserdave} hes going to be able to answer any questions you guys might have
[12:14] {laserdave} so feel free to ask him anything
[12:14] {nemo} o.k....
[12:14] {laserdave} hes a nice guy
[12:14] {nemo} Lasertrev...
[12:14] {nemo} what's the meaning of life?
[12:14] {laserdave} well at least once in awhile
[12:14] {laserdave} :)
[12:14] {magoo} are we going to have alot of snow this winter lasertrev?
[12:14] {laserdave} and he is good for trouting
[12:14] {lasertrev} hi
[12:15] {Threei} hi lasertrev, welcome to the jungle
[12:15] {nemo} ah..hem...ASYLUM
[12:16] {nemo} Is Obama speaking yet?
[12:16] {Threei} yes
[12:16] {laserdave} trev will take care of all laser issues
[12:16] {laserdave} help with software etc......
[12:16] {lasertrev} thanks, look forward to talkin with you
[12:17] {nemo} you leaving laserdave?
[12:17] {Threei} how to reach you aside of room private message?
[12:17] {laserdave} i be aroound
[12:17] {Threei} e-mail, phone
[12:17] {laserdave} but sometimes i get so busy i want to make sure that someome is always here for you guys
[12:18] {laserdave} you guy immediate replys
[12:18] {Threei} dave... english please...
[12:19] {Threei} we barely speak normal english, let alone this broken one you use on us
[12:19] {laserdave} you get immediate replys
[12:19] {nemo} what's this "we" ?
[12:19] {lasertrev} If anyone wants to reach me you can e-mail me at (deleted)
[12:19] {Threei} replies, if we are lucky {G}
06[12:19] * magoo slaps lasertrev around a bit with a large trout
[12:20] {lasertrev} lol
[12:20] {nemo} It's kinda' like being knighted under Vader
[12:20] {Threei} guys, write that e-mail down because I'll eliminate it from the log
[12:20] {Threei} don't want Trev to get hit with 15,000 spam mails a day
[12:20] {lasertrev} mastervader
[12:21] {nemo} eqkzaktly
[12:21] {nemo} he learns quik
[12:21] {magoo} ROFLOL}..u gonna fit right in trev
[12:21] {lasertrev} lol
[12:21] {nemo} yeah, but Vad won't let you sit next to me
[12:21] {Threei} that's hazardous for anyone's health
[12:22] {ese} l lvs .75
[12:22] {nemo} only when doing shots
[12:22] {lasertrev} where do u all from?
[12:23] {Threei} Preview: Richmond Fed President Lacker scheduled to speak to risk management conference at 12:30pmET
[12:23] {Threei} - Lacker will take audience Q&A after his speech on the subject of "Choices in Financial Regulation."
[12:23] {ese} denmark
[12:23] {Threei} all over the place trev
[12:23] {nemo} ESE!
[12:23] {dino} sfsf .75 l
[12:23] {ese} ohhhh ok
[12:23] {ese} canada
[12:23] {Threei} most are North America, but some are Europe based
[12:24] {lasertrev} i see
[12:26] {ese} well.... i just got home from d3enmark
[12:27] {Threei} 'cause it's rotten I am sure
[12:27] {nemo} you're stretchin' it ese
[12:27] {nemo} bad vad
[12:27] {ese} vad and nemo are big over there
[12:27] {ese} thats cause i was spreading the rumor
[12:34] {Threei} 56% Still Blame Bush For Economic Problems
[12:35] {Threei} feels like it's time to try next break in LVS, a lot of digestion occured
[12:35] {Threei} Long Setup: LVS .85 if stays above .75
[12:36] {magoo} INNNNNNNNNNNNNN
[12:36] {nemo} yep
[12:38] {ese} out .87
[12:38] {ese} lvs
[12:38] {Threei} US Trade Official: Confident tariffs imposed on Chinese tires are in line with WTO regulations; reiterates tariffs were implemented after talks with China failed
[12:39] {ese} +.13
[12:41] {Threei} so, one thing I took from the speech; another agency is likely to be created
[12:41] {Threei} one tsar more one tsar less, who is counting
[12:43] {Threei} in gact, I'd suggest a few of those for this room
[12:43] {Threei} in fact too
[12:43] {Threei} how about Cosmo, The South California Tzar
[12:43] {dino} lol
[12:43] {Threei} nemo gets Massachusets - under the condition he rids it of Barney
[12:43] {dino} sm l ebix .00
[12:44] {Threei} now... we will have to decide what do with dino and mgoo
[12:44] {Threei} we can of course divide their tzarship by odd and even days
[12:44] {dino} hmmmmmmm
[12:44] {Threei} but that would mean magoo must read the calendar
[12:45] {Threei} which may prove too much for him
[12:45] {dino} indeed, simply call me king
[12:46] {nemo} Here king, here king
[12:46] {nemo} Oh oh, feel an attack of Monty Python coming on
[12:47] {dino} lol
[12:47] {dino} you just stick to barney
[12:47] {Threei} rofl
[12:47] {Threei} high five dino
[12:47] {nemo} that's disgusting, but reminds me of a joke from a meditteranean geography regardin different age groups and a crow bar
[12:48] {Threei} ummm
[12:48] {dino} obama "prevented 10 of thousands of layoffs" where do we figure this out from?
[12:48] {nemo} I won't
[12:48] {dino} in the re-election will he claim i saved millions of jobs but created none
06[12:49] * Threei kicks LVS in the rear
[12:52] {Threei} 1:1
[12:52] {Threei} I always loved Las Vegas
[12:53] {Threei} flashing lights... good food...
[12:53] {Threei} now it's a stock giving profits
[12:53] {nemo} and your favorite part ?
[12:53] {ese} dohhhhh plus .12 on lvs not .13 hmmmmm i'll learn to add and subtract one day
[12:53] {Threei} what's not to like
[12:56] {_slentz} LVS SCALP?
[12:56] {Threei} get out here IMO
[12:56] {_slentz} .10 trail stop
[12:56] {magoo} i here?
06[12:57] * Threei slaps magoo around a bit with a large acknowldedgment of magoo's heavenly presence
[12:57] {dino} heavenly?
[12:57] {dino} heavily i think you mean
[12:57] {Threei} it's Monday dino... on Mondays I am both generous and sarcastic
[12:57] {Threei} and that's one deadly moxious combination
[12:58] {Threei} White House CEA's Romer: Reform can reduce but not eliminate risk of future economic crises
[12:58] {Threei} - Calls for sensible 'rules of the road'
[12:59] {Threei} General Accountability Office (GAO): US Govt has not collected the full revenue associated with gas royalty plan; with some money 'left on the table' (related UNG )
[12:59] {Threei} huh?
[13:05] {ese} lvs ...classic.....bounce off of 18.....
[13:06] {ese} sorry....... retreat from
[13:06] {Threei} [12:56] {Threei} get out here IMO
[13:06] {Threei} was I right or what
[13:07] {ese} nice momo spot on this one this morning vad.........
[13:08] {Threei} if not for this speech that could intorduce a lot of disturbance, I would have said "let's buy 1K and hold it for 18"
[13:08] {Threei} while scalping another lot
[13:08] {Threei} unbrella principle
[13:08] {Threei} n=m
[13:09] {ese} indeed
[13:09] {nemo} I thought "m" = e/c2?
[13:10] {Threei} yes
[13:10] {Threei} n=m, m=e/c2
[13:10] {Threei} what's wrong with this chain?
[13:10] {nemo} what's "n"?
[13:11] {Threei} sigh... n is equal m
[13:11] {Threei} is it not enough for definition?
[13:11] {nemo} like "whose on first"
[13:14] {Threei} NYSE Euronext: Supports Obama's calls for reform; cannot let the opportunity for reform pass
[13:14] {Threei} why do I feel sketpical about any reform proposed or supported by NYSE
[13:15] {nemo} rhetorical, huh?
[13:16] {dino} reform? if they just enforced the old rules...
[13:16] {dino} be careful for what you wish
[13:16] {larisa} is there anything with big "O" in it you do not feel sceptical about? :)
[13:16] {Threei} yes
[13:16] {Threei} bacOn
[13:16] {larisa} lol
[13:17] {Threei} but in this case I was mostly railing about NYSE :)
[13:17] {Threei} let them reform things, we will find ourselves in specialist outcry market
[13:17] {dino} yes, i actually thought his kid school talk was on the mark
[13:17] {Threei} and phone orders
[13:20] {larisa} k, now i am too vevy vevy spectical
[13:21] {dino} :)
[13:22] {dino} i'm a jaded soul larisa
[13:25] {ese} outta here everyone....it's auditions for my High School rhythm and blues band this week so i gotta go.......vad tks....am thanking my lucky stars the day i met you up here a U of Victoria...take care all
[13:25] {larisa} lol
[13:25] {larisa} bye ese
[13:26] {ese} cya laris
[13:26] {dino} cya es
[13:26] {Threei} take care ese
[13:27] {Threei} VICL Ticking higher on vague positive chatter concerning usage of one of its drugs in an H1N1 vaccine (5.30, +0.18, 3.52%)
[13:30] {dino} ctcm to flat thing won't move
[13:30] {Threei} MSFT Reportedly planning to add visual search feature to Bing search engine (24.98, +0.12, 0.48%)
[13:33] {dino} sfsf to .88
[13:40] {fernp} BAC vertical
[13:41] {dino} out ctcm flat
[13:45] {dino} out sfsf .96, +.21
[13:48] {dino} crm l .50
[13:52] {Threei} LVS non stop now
[13:55] {magoo} lvs making me feel stupid
[13:56] {Threei} shrug
06[13:58] * magoo slaps lasertrev around a bit with a large trout
[13:58] {nemo} I was gonna' say mags
[13:59] {magoo} go ahead
[13:59] {nemo} think he's a spy?
[13:59] {lasertrev} stop slapping me
[13:59] {nemo} think skinned
[13:59] {Threei} they can't trev
[13:59] {nemo} thin
[13:59] {Threei} it's in their blood
[14:00] {lasertrev} lol
[14:00] {Threei} kind of reflex, you know
[14:00] {Threei} see someone whose nick starts with laser, slap
[14:00] {nemo} look at my name trev...how do you think I feel when they trout me
[14:01] {nemo} somewhat fratricidal, although...Cain got over it
[14:01] {lasertrev} swim fast nemo
[14:01] {nemo} I suffer from an identity crisis also...we don't know whether I'm a fish...mad submarine captain...or line out of a Greek fable
[14:02] {Threei} in all three cases, you better keep away from sharks
[14:02] {nemo} well, if I'm a lamprey...it's o.k.
[14:06] {magoo} mkts dangerously close to exploding
[14:08] {Threei} Long Setup: AIG 40 break half lot
[14:08] {Threei} if stays above .85
[14:12] {_slentz} AIG STILL GOOD?
[14:12] {Threei} it went to .70
[14:12] {Threei} in my book, that seriously below .85
[14:15] {Threei} OPTR Data From Optimer''s Second Phase 3 Study of Prulifloxacin Presented at Annual Interscience Conference on Antimicrobial Agents and Chemotherapy (ICAAC) (13.22, +0.18, 1.38%)
[14:17] {Threei} wheew
[14:17] {Threei} managed to gran .15 - .20
[14:17] {Threei} out .63 and .76
[14:17] {Threei} anyone ventured?
[14:18] {fernp} are u serious?
[14:19] {Threei} yes
[14:19] {fernp} gj
[14:19] {Threei} bio stocks react well on news these days
[14:19] {Threei} so I kept finger on a trigger after posting news
[14:22] {Threei} Long Setup: UAUA .20 break if stays above .10
[14:22] {Threei} .15 for scalprs
[14:22] {magoo} i was reading cramers realmoney site..and go figure..i missed making "real $$" lol
[14:23] {Threei} serves you well for reading crap
[14:24] {Threei} have to leave for 30 min guys, gotta pick up wife from ferry
[14:27] {magoo} u sure?
[14:41] {dptl} .
[14:44] {nemo} 1:1 uaua
[14:53] {dino} gj
[14:54] {nemo} just calling it for vad while he performs his husbandly duties
[14:55] {dptl} lol
[14:55] {nemo} Wonder if he's thinking, "Oh Gawd what's Nemo saying while I'm away!"
[14:57] {nemo} 1:2
[14:59] {dino} hod
[15:00] {nemo} new high in S&P?
[15:11] {Threei} bac
[15:11] {Threei} back too
[15:11] {Threei} good boy UAUA
[15:12] {Threei} snyone played?
[15:12] {jmb} Thanks Vad
[15:12] {nemo} ty
[15:12] {Threei} :)
[15:12] {_slentz} ty 500 still in
[15:13] {Threei} BAC NY AG will file charges against certain 'high ranking' BAC executives in coming weeks - CNBC citing sources
[15:13] {Threei} - Related to Merrill Lynch merger
[15:20] {Threei} awww
[15:20] {Threei} why wasn't I here for GE 15 break
[15:20] {nemo} because your married
[15:20] {Threei} oh
[15:20] {Threei} that
[15:20] {Threei} yeah
[15:20] {nemo} sometimes I think you just set them up
[15:21] {Threei} look at the texbook intraday chart
[15:29] {dino} crm stopped -.15
[15:36] {dino} clw sm l .60
[15:36] {dino} kbr l .85
[15:40] {fernp} have a good evening all. see u tomorrow
[15:40] {Threei} take care fern
[15:41] {Threei} markey shrugged off all the concenrs once again and resumed this slow relentless march
[15:41] {Threei} poor bears
[15:41] {Threei} US) NYPD raiding homes in Queens as part of terrorism investigation - local TV reports
[15:45] {Threei} LVS, GE, UAUA will be candidates for tomrrow as well
[15:45] {Threei} DRYS too
[15:46] {Threei} 15:45 (CH) White House: Dispute with China over tire tariffs is not anticipated to damage other issues such as North Korea (related USD/KRW EWJ EWY )
[15:46] {Threei} 15:42 (IA) White House: Iran's refusal to discuss nuclear issues in negotiations would show a lack of cooperation with international community
[15:46] {nemo} fdx really moved the last couple of days
[15:51] {Threei} Fed's Yellen: Unemployment to remain elevated for a few years; sees U shaped recovery; commercial real estate defaults are rising
[15:51] {Threei} oh come on Yellen, get with the program... green shoots everywhere
[15:52] {Threei} okay guys, no more
[15:53] {Threei} trades for today
[15:53] {nemo} cya
[15:53] {Threei} not bad day
[15:53] {dptl} have a good evening all
[15:53] {Threei} thank you all, have a good evening
[15:53] {Threei} see you tomorrow
[15:53] {larisa} bye :)

Sep 11 2009

With AXL, LVS and HIG we had some nice plays a couple of stops. Positive but nothing superexciting

Session Time: Fri Sep 11 00:00:00 2009

[07:33] {Threei} bonus alert for early risers:

[07:33] {Threei} AXL

[07:33] {Threei} see if we get pullback to grab

[07:33] {Threei} upgraded with 13 target

[07:34] {Threei} powerful break over all resistances

[07:36] {Threei} fern, maybe time to look at immigration laws and rules:

[07:36] {Threei} (SP) ECB's Ordonez: Spain's deficit requires structural reforms including spending cuts, could require tax hikes

[07:50] {fernp} No thanks, too boring

[07:50] {fernp} I know nothing about immigration laws

[07:50] {fernp} ah! good morning everybody

[07:50] {Threei} nah, I meant for yourself :)

[07:50] {Threei} morning

[07:52] {nemo} haroo

[07:52] {Threei} you think?

06[07:54] * nemo slaps magoo around a bit with a large trout

[07:54] {magoo} morning

[07:54] {magoo} fast:)

[07:54] {Threei} wow... that's what I call pre-emptive slap

[07:54] {Threei} hi mags

[07:54] {Threei} [07:33] {Threei} bonus alert for early risers:

[07:54] {Threei} [07:33] {Threei} AXL

[07:54] {Threei} [07:33] {Threei} see if we get pullback to grab

[07:54] {Threei} [07:33] {Threei} upgraded with 13 target

[07:54] {Threei} [07:34] {Threei} powerful break over all resistances

[07:54] {magoo} feel likke he was stalking me

[07:54] {nemo} always kick a man when he's down, else, he might start kicking you if hee gets up

[07:56] {magoo} u get in AXL vad?

[07:57] {Threei} no

[07:57] {magoo} no chartds to see if pulld back

[07:57] {Threei} it was around 7.20 when I saw it

[07:58] {nemo} No, totally reflex mags...like snapshooting a buck you bust out of the brush

[08:00] {nemo} gold at 1004

[08:02] {Threei} wow

[08:02] {Threei} PD) POLISH JULY TRADE BALANCE: -551M V -57ME; CURRENT ACCOUT: -565M V 293ME

[08:02] {Threei} unless it's an error, that's some discrepancy

[08:03] {Threei} HIG high print

[08:03] {nemo} wow axl

[08:05] {magoo} vad

[08:05] {magoo} was there even HIG news yesterday?

[08:05] {Threei} nope

[08:05] {Threei} there is general positive statements about insurance companies

[08:05] {Threei} nothing very specific

[08:06] {Threei} LVS Sterne, Agee Raised LVS to buy from hold, price target: $24.50

[08:06] {magoo} wow..ok..im not too fam w/axl..is it a runner..mojo like 2-3 pts?

[08:06] {Threei} well... it has a history of moving from 3 to 6 in one day

[08:07] {magoo} lets see..6 minus 3 +? um erb

[08:07] {Threei} ummm... 1.24?

[08:07] {magoo} thank u

[08:07] {Threei} sure thing

[08:08] {Threei} tap me every time you need help with math

[08:08] {Threei} I am thinking...

[08:08] {nemo} oh jeez

[08:08] {Threei} is it time to confess I have half lot HIG overnight or magoo will kill me?

[08:08] {Threei} maybe better fess up after he makes some money and feels gentlier

[08:09] {magoo} F..i had 6k and cut afterhrs

[08:09] {magoo} u shopuld have leyt me know

[08:09] {Threei} not time yet then

[08:11] {magoo} vad..dcc

[08:11] {Threei} Las Vegas Sands Corp Sterne, Agee Raised LVS to buy from hold, price target: $24.50

[08:11] {Threei} - Firm believes that the Company will soon be the largest player in Asia casino gaming, a market we remain very positive on short and long-term, 2) the potential for exceedingly large equity appreciation upside based on certain valuation scenarios and 3) dissipating liquidity concerns.

[08:15] {magoo} any news AIG

[08:16] {Threei} 05:47 AIG Wells Fargo Cuts AIG to Sell from Hold

[08:16] {Threei} 8:32:05 PM

[08:16] {Threei} American International Group, Inc Reportedly, may seek to sell parts of some units as opposed to entire businesses in order to retain large tax benefits

[08:16] {Threei} - If AIG sells more than 20% of a unit it could lose the ability to reduce future tax bills.

[08:16] {Threei} - At the end of June, AIG recognized close to $12.8B of deferred tax assets.

[08:16] {Threei} - If AIG's businesses become more stable, the company deferred tax assets could rise.

[08:16] {magoo} oh oh..sell

[08:17] {Threei} Yesterday 18:30 (US) White House: Pres Obama to give speech on financial crisis on Monday in New York; The speech will focus on winding down the government's role in the financial sector

[08:18] {Threei} Friday, September 11, 2009 8:15:18 AM

[08:18] {Threei} Evergreen Solar Inc Launches new line of off-grid panels

[08:18] {Threei} - Introduces new ES-C Series solar panels, designed to substantially expand the company's offering for the global off-grid market. This new line of 80, 120 and 125 W panels will be manufactured by Evergreen Solar's contract manufacturing partner, Jiawei Solarchina Co., Ltd., using cells supplied by Evergreen Solar.

[08:18] {Threei} - Evergreen is accepting orders now for initial shipments beginning in October.

[08:20] {magoo} vad, whats feel for today..gut says "pullbk or rallY or flat"?

[08:21] {Threei} rally... but it's so early

[08:21] {nemo} wonder if it being "9/11" will cast a pall

[08:22] {magoo} AXL pulls bk

[08:27] {magoo} nice bid @ .37

[08:29] {magoo} vad..any numbers today?

[08:30] {Threei} 8:30am Aug Import Price Index (last m/m -0.7%, y/y -19.3%)

[08:30] {Threei} 9:55am Sept prelim Univ of Michigan confidence (last 65.7)

[08:30] {Threei} 10:00am July Wholesale Inventories (last -1.7%)

[08:30] {Threei} 2:00pm Aug Monthly Budget Statement (last -$111.9B)

[08:30] {Threei} AUG IMPORT PRICE INDEX M/M: 2.0% V 1.0%E; Y/Y: -15% V -15.9%E

[08:36] {magoo} news GRMN?

[08:37] {Threei} 03:14 GRMN BofA/Merrill Lynch Raised GRMN to Buy from Sell, price target: $45.00

[08:37] {Threei} - Firm states improving near-term trends in the auto GPS (PND) market

[08:41] {Threei} be back in 10

[08:45] {nemo} gold going vertical

[08:49] {magoo} why is MGM ripping ..news vad?

[08:49] {nemo} lvs news?

[08:49] {nemo} mgm

[08:49] {nemo} oops

[08:50] {nemo} wow, nice chart too

[08:53] {cosmo} back.... i guess

[08:53] {cosmo} ...for now...

[08:53] {cosmo} wanna stay there though....sigh

[08:54] {Threei} cosmo!

[08:54] {cosmo} yes...still...

[08:55] {Threei} [08:11] {Threei} Las Vegas Sands Corp Sterne, Agee Raised LVS to buy from hold, price target: $24.50

[08:55] {Threei} [08:11] {Threei} - Firm believes that the Company will soon be the largest player in Asia casino gaming, a market we remain very positive on short and long-term, 2) the potential for exceedingly large equity appreciation upside based on certain valuation scenarios and 3) dissipating liquidity concerns.

[08:55] {Threei} how was vacation?

[08:56] {cosmo} its like heaven ... without having to die first

[08:57] {cosmo} http://www.bluemtnranch.com/

[08:57] {cosmo} deer, antelope, elk

[08:57] {cosmo} all over

[08:58] {cosmo} and its bow season for the elk..... sheesh

[08:58] {cosmo} place looks like the Serengetti

[08:58] {nemo} oh, that would have been great

[09:00] {Threei} FDX Q1 earnings to exceed guidance; Q1 seen at $0.50, (72.66, 0.00, 0.00%)

[09:01] {nemo} indexes popping

[09:01] {Raven} nice cosmo ... do you now chew tobacco ??

[09:02] {cosmo} no ... that stuff is weird

[09:02] {Raven} lol ... herbal

[09:02] {nemo} it's all herbal

[09:02] {cosmo} yea... no buzz either...

[09:03] {Raven} buzz is required

[09:04] {Raven} I bet it ruins the taste of gin

[09:04] {Threei} lol

[09:07] {cosmo} ...npoe... gin still tastes great as a chaser...

[09:07] {cosmo} nope

[09:08] {Raven} that's good news then

[09:10] {cosmo} herded some cattle and horses on an ATV

[09:11] {cosmo} wheelies can scare them

[09:11] {cosmo} herded some elk in a truck

[09:12] {dino} gm all

[09:12] {Threei} dino :)

[09:14] {Raven} nice cosmo

[09:15] {cosmo} i tried to be...

[09:15] {larisa} gm :)

[09:15] {Raven} I know ... it is difficult

[09:15] {Threei} larisa :)

[09:15] {Raven} l:)

[09:16] {larisa} cosmo, raven, vad :)

[09:16] {cosmo} lars:)

[09:17] {ese} good morning

[09:17] {Threei} ese :)

[09:18] {nemo} amed almost 40 dino

[09:21] {Threei} before market opens,

[09:21] {Threei} conference in Freeport, Bahamas program:

[09:21] {Threei} http://caratrading.com/22CB10CPDF08252009.pdf

[09:21] {dino} not in

[09:21] {Threei} I have details of my two-day's seminar including real time trading

[09:22] {Threei} they are not online yet but if someone interested, dcc me, I'll send you the file

[09:24] {bluejet} GM

[09:24] {Threei} bluejet :)

[09:24] {nemo} look at gold

[09:25] {Threei} what for?

[09:25] {nemo} for info

[09:25] {Threei} you have a plays suggestion on that?

[09:25] {nemo} not at the moment

[09:26] {Threei} then it's just info for info sake?

[09:26] {nemo} got it

[09:26] {Threei} AXL, LVS, MGM, HIG

[09:27] {cosmo} DRYS

[09:27] {cosmo} 6.75 so far

[09:29] {Threei} .85 so far LVS resistance

[09:31] {Threei} too hectic jump

[09:32] {Threei} LVS pullbck closer to .70 for entry

[09:33] {Threei} Long Setup: AXL .55

[09:33] {Threei} if stays above .40

[09:33] {dino} cov

[09:34] {Threei} most likely more than a scalp

[09:34] {Threei} capable of 8

[09:34] {dptl} good morning all

[09:34] {Threei} dp :)

[09:34] {Threei} LVS

[09:35] {Threei} .70 recross long

[09:35] {Threei} if holding .60

[09:35] {Threei} 1:1

[09:37] {fernp} out AXL ty

[09:37] {Threei} AXL 1:1, half out

[09:37] {ese} OK rats....starting out like yesterday....missed the axl call

[09:38] {Threei} LVS 1:2

[09:38] {ese} pullbacks likely vad for axl

[09:38] {magoo} ouit .74 AXL TY

[09:38] {ese} well done all

[09:38] {Threei} LVS 1:3

[09:39] {Threei} LVS is likely to pull back now to about .80

[09:39] {Threei} AXL dfoesn't look like pulling back to me

[09:39] {Threei} but if does, I'd look for re-entry near .50

[09:40] {ese} tks vad

[09:40] {Threei} LVS pace picks up

[09:40] {Threei} may turn into momo

[09:42] {Threei} here it is

[09:42] {Threei} .55 break long

[09:42] {Threei} stop under .45

[09:42] {ese} bstop mtw.01

[09:42] {ese} small

[09:43] {Threei} LVS... momo

[09:43] {dino} cov hl s .50 jumpy

[09:45] {magoo} lvs in 17

[09:45] {Threei} AXL no go this time

[09:48] {magoo} back in AXL'

[09:49] {nemo} where?

[09:49] {magoo} cross .50

[09:49] {magoo} scalpin tho

[09:49] {ese} l uaua .60

[09:49] {magoo} out .63

[09:49] {magoo} dl

[09:50] {magoo} out .24 LVS

[09:50] {magoo} prob reenter

[09:50] {dino} brc

[09:50] {fernp} DRYS ese

[09:51] {Threei} Long Setup: HIG .90 break if holding above .80

[09:51] {magoo} in

[09:52] {ese} out uaua .70 +.10

[09:52] {Threei} market spike is coming it seems

[09:52] {ese} hey fern.....yes i'm in......have been accumulating a position over the last 3 months

[09:54] {fernp} ty again Vad

[09:54] {Threei} :)

[09:54] {nemo} lvs drop

[09:55] {Threei} *SEPT PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 70.2 V 67.5E

[09:55] {ese} uaua doesn't want to quit

[09:55] {nemo} hig touched 1:1

[09:55] {Threei} this is priceless:

[09:55] {Threei} Fed's Evans: Inflation and inflation expectations are under control

[09:58] {fernp} ok ese, scalping mode here. grabbed +.13 inDRYS when broke hod

[09:58] {Threei} interested in BRCM but would like to see market calming down a little and taking direction more confidently

[09:58] {dino} cov cov -.23\

[09:58] {nemo} lower volume on DT axl

[09:58] {Threei} ummm... fern... you mean you have any other modes than scalping?? :)

[09:58] {fernp} NO.

[09:58] {fernp} :)

[09:59] {Threei} thought so

[09:59] {Threei} you have buttons "Scalping On and Go Sleep {G}

[09:59] {fernp} yes, lol

[10:00] {Threei} (better than mine set of buttons that have Go Sleep, Don't Wake Up, Ignore Magoo and Say No to Nemo)

[10:00] {nemo} Why?

[10:01] {nemo} You sound like Nancy Reagan

[10:01] {Threei} No

[10:01] {nemo} button works

[10:01] {nemo} Oh...that was before your time

[10:01] {fernp} you forgot "go monastry buttom"

[10:01] {Threei} lol

[10:01] {ese} bstop hit mtw long .03

[10:02] {nemo} he speld it koreqtly two

[10:02] {Threei} LVS

[10:02] {Threei} so far this retreat looks like bull flag

[10:02] {Threei} not ready for entry yet but on watch

[10:04] {Threei} JULY WHOLESALE INVENTORIES: -1.4% V -1.0%E

[10:04] {nemo} BRCM approaching low and pivot

[10:04] {Threei} BRCM is largely market follower

[10:04] {dino} ice

[10:06] {dino} cov s.89

[10:06] {dino} stop hod

[10:08] {Threei} (US) Coast Guard has fired on suspecious vessel on Potoamc River near DC -CNN

[10:09] {Threei} suspecious... someone in the news wire service with my typing skills

[10:09] {nemo} 9/11 jitters

[10:09] {nemo} first they take Captain Obvious away from you...now this

06[10:09] * nemo passes Vad a tissue

[10:09] {Threei} I am getting stripped of all my achievements I was so proud of

[10:10] {nemo} Pride always cometh before the fall

[10:10] {nemo} News FITB?

[10:10] {Threei} now, if they master the skill to trade and generally function while in coma... there won't be anything for me out there

[10:10] {Threei} no FITB

[10:11] {nemo} dropped rather precipitously

[10:11] {Threei} oh boy

[10:11] {Threei} rumor mill scrapes the bottom of the barrel:

[10:11] {Threei} DSTI Ticking higher on takeover chatter circulating (0.66, +0.09, 14.78%)

[10:14] {dino} cov cov .49, +.40 fl

[10:15] {Threei} LVS bounced with no warning

[10:15] {Threei} so, let's see if we get double bottom instead

[10:15] {Threei} oullback to under 17.10

[10:16] {Threei} would be entry as long as holding above 17

[10:16] {Threei} (CA) Canadian Fin Min Flaherty: States that economies remain fragile; States that now not time to create further political instability

[10:17] {Threei} sigh... country on the verge of absolutely unneeded election that no one wants

[10:17] {ese} i like an "ouilback"

[10:17] {Threei} 4th in 5 years

[10:17] {Threei} my last attempt to take back the title of worst speller/typist in the world, ese...

[10:18] {cosmo} you need someone like Arnold up there...

[10:18] {Threei} 'cause competition sure is fierce and growing

[10:18] {ese} l stld .83

[10:18] {dino} titn l .27, stop .23

[10:21] {ese} l axl .64

[10:22] {ese} out stld .90 +.07

[10:22] {dino} titn to .34

[10:24] {dino} bad slip out flat

[10:24] {ese} out axl .70 +.06

[10:24] {dino} avav l .95, stop .79

[10:25] {magoo} nice ese..out here .69

[10:26] {ese} tks

[10:26] {ese} l axl again.66

[10:26] {dino} infa

[10:27] {magoo} there she blows

[10:27] {Threei} AXL iksploschion

[10:28] {ese} out axl .87 +.21 on 3k.......works for me

[10:28] {Threei} lol, I'll say

[10:28] {ese} were you in axl mags

[10:28] {dino} stopped avav

[10:29] {magoo} missed that one..nioce tho...im hitting it large sh too

[10:29] {Threei} 8

[10:29] {_slentz} 8 in

[10:29] {ese} team works mags....team work

[10:30] {magoo} ya..da..worx

[10:31] {ese} ya ya...be da bor da bede.....

[10:31] {magoo} wrr[pkirsjorjo

[10:32] {ese} definately

[10:32] {magoo} MGM vad

[10:32] {magoo} strong

[10:32] {nemo} frickin hig

[10:32] {Threei} LVS forms C&H

[10:32] {magoo} in lvs..earlier .17

[10:33] {magoo} looking for a rrriiiiiiiiiippppppppp

[10:33] {Threei} .30 -.32 break is launch pad for it

[10:33] {magoo} bjut will eject .97

[10:34] {magoo} ill add at .32

[10:34] {magoo} like jesse

[10:35] {Threei} (US) White House Econoimc Romer: Q3 GDP is looking to read as a postive figure according to current economist reads -Bloomberg TV

[10:35] {Threei} - Romer does not expect to see a double digit recession

[10:36] {Threei} all it tells us is that if we do see double digits it will be unexpected fopr Romer

[10:36] {ese} out mtw .00 -.03 on 1k of the little bugars

[10:37] {Threei} sharp pullback LVS

[10:37] {ese} it's doin in nuttin nuttin i tell ya!

[10:37] {Threei} Long Setup: AXL .90 break if holding above .80

[10:39] {ese} well my goodness...nuan shows up on my very high volume scan.......long time no hear from

[10:40] {ese} watching axl as well vad

[10:40] {dino} hei, thinny\

[10:44] {dino} infa s .24 hl

[10:46] {_slentz} axl still good ?

[10:47] {ese} hmmmm was lookin the other way slenta

[10:47] {ese} slentz

[10:47] {Threei} I'd like it to spend a few min in this range to reestablish it again

[10:47] {nemo} broke below .80

[10:48] {Threei} ok... setup is back on AXL I'd think

[10:49] {magoo} OPXA at it

[10:49] {Threei} another rumor I'd guess

[10:49] {dino} infa stopped -.19

[10:49] {Threei} lvs

[10:50] {Threei} Long Setup: BRCM .40 break if stays above .30

[10:52] {ese} axl should ouilback to about .82 or lower and bonce

[10:52] {ese} bounce

[10:52] {Threei} bonce is good

[10:53] {Threei} we can start TV show "So you think you can bonce"

[10:53] {nemo} It definitely won't be "So you think you can spell"

[10:53] {ese} l axl .83

[10:54] {Threei} Long Setup: UAUA 7.86 break

[10:55] {ese} i might be in slightly early here....but i think it will be ok

[10:56] {magoo} accidentally quad filled BRCM

[10:56] {magoo} l .40

[10:56] {ese} i's lookin like the double bottom i thought it was

[10:56] {Threei} what kind of accident is that

[10:56] {magoo} put in order twice

[10:57] {Threei} and then twice more?

[10:57] {magoo} ya

[10:57] {Threei} okay... that's some accident

[10:57] {magoo} only intended for 1k

[10:57] {magoo} got 4

[10:57] {nemo} mmmmhhhh

[10:57] {magoo} wont care if worx lol

[10:58] {Threei} AXL... let's repeat that iksplosion, will ya

[10:58] {magoo} if does will be 4 x as pissed at vad then usual :)

06[10:59] * Threei crawls in nemo's cave, closes the door puts blanket over his head

[10:59] {nemo} roll over

[10:59] {magoo} and to his surprise..sees magoo over in other corner of cave

[10:59] {nemo} frickin squatters

[11:00] {ese} out axl .91 +.08

[11:01] {ese} give me a break...ok .9098 to be exact..........thats .91 as far as i'm concerned

[11:02] {Threei} lol

[11:02] {ese} these brokers are getting nit picky with money aren't they ...sheeeesh

[11:05] {fernp} UAUA is still valid?

[11:05] {Threei} yes

[11:05] {fernp} ty

[11:05] {magoo} MGM doin it

[11:06] {magoo} unreal strength in yourcow

[11:07] {ese} was watchin that as well mags

[11:07] {ese} i'm feeling at one with you today mags

[11:08] {nemo} get a room

[11:08] {ese} what was the news on mgm

[11:08] {nemo} news on lvs

[11:08] {Threei} none... LVS upgrade

[11:09] {Threei} BRCM held support with heavenly precision

[11:09] {Threei} need market break now and will be golden

[11:09] {ese} heavenly precision...........

[11:09] {ese} golden?

[11:09] {nemo} scary huh?

[11:09] {ese} yup

[11:09] {Threei} half out UAUA

[11:11] {Threei} ok

[11:11] {Threei} market is ready for a steep step up

[11:11] {ese} uaua same break mgm

[11:11] {Threei} should lift all boats

[11:12] {ese} as mgm

[11:12] {Threei} BRCM, UAUA, AXL

[11:12] {dino} amed drop

[11:12] {nemo} big one dino

[11:13] {magoo} MGM vad..13 comith

[11:13] {Threei} .27 - .30 was its breakout mags

[11:14] {Threei} can't in all conscience chase it here

[11:14] {ese} mgm

[11:14] {magoo} no..i just want you watchin it

[11:14] {magoo} may RIPPPPPP

[11:14] {ese} beat me too it

[11:14] {Threei} in other words you want me to worrrrk

[11:15] {magoo} from a coma state of course

[11:15] {Threei} that's where our interests are diametrally opposite

[11:15] {Threei} US Senate Majority Leader Reid sends letter to President Obama; asks for support of tariffs on Chinese tire imports

[11:15] {Threei} - Letter dated 9/2

[11:15] {magoo} hig could be bouncer

[11:15] {magoo} not in

[11:15] {ese} ouilback in mgm.....

[11:16] {ese} pullback

[11:16] {dino} brc lod

[11:20] {Threei} SVA Ticking higher; hearing rumors company may have secured a vaccine order from the US Govt (10.09, +0.60, 6.32%)

[11:22] {Threei} I envision this Rumor City where there is a Rumor Bunker under the Rumor Plaza surface... 15 guys of Rumor Team sit around the table, deciding on the next rumor to launch

[11:23] {Threei} come on market

[11:23] {Threei} enough games

[11:25] {ese} thats funny vad

[11:25] {ese} rumor bunker........

[11:27] {Threei} US President Obama speech to take place Monday may focus on financial reform need (related XLF EUR/USD USD/JPY USD/CHF )

[11:28] {Threei} this market doesn't like

[11:28] {fernp} out BRCM

[11:43] {ese} take care all......have to go into school......have a great weekend and we'll see you monday

[11:43] {Threei} take care ese

[11:43] {magoo} u too

[11:43] {ese} cya

[11:43] {dino} cya es

[11:52] {Threei} Long Setup: AXL .60 break

[11:52] {Threei} if holding .50

[11:57] {dino} amag drop

[12:11] {nemo} dino...kickin' myself for amed @ .35

[12:21] {dino} me too

[12:22] {nemo} was watchin' the 1 min. chart. 5 minute confirmed too...somebody trout me

[12:24] {dino} brc bottomed maybe

[12:24] {larisa} AMED yes, nice setup it was, you deserve trout :)

[12:25] {dino} lol

[12:25] {dino} avav seems to be getting stronger

[12:27] {dino} ctrp lod

[12:37] {nemo} tck might be bottoming

[12:45] {dino} nemo, ctrp, we missed too

[12:46] {nemo} yeah, but that volume pattern scares me a bit...everything scares me a bit

[12:48] {nemo} rimm looks intersting here

[12:49] {nemo} eh...market follower

[12:53] {dino} brc l .15

[12:53] {dino} ctrp lod

[13:21] {magoo} vad..we in anything?

[13:21] {Threei} coma

[13:21] {nemo} hey!

[13:22] {Threei} market seems to be picking up

[13:22] {Threei} but honsetly, almost impossible to judge whether it's reversing or just bouncing a bit before dying

[13:35] {Threei} US) Centers for Disease Control (CDC): US could experience some peaks in swine flu before vaccinations occur

[13:35] {Threei} - says we are "in a race" to get H1N1 flu vaccine available to people

[13:37] {Threei} remember all those MTXX rumors of late?

[13:37] {Threei} Matrixx Initiatives Inc. Blog report circulating that cites Matrixx spokesman saying the company "has no intention" of reformulating Zicam product

[13:37] {Threei} - if true, this would refute some recent rumors that the company might try to reformulate the product to get it back on store shelves.

[13:47] {Threei} Preview: August US Monthly Budget Statement due out at 2pmET

[13:47] {Threei} **consensus expectation: -$139.5Be v -$111.9B prior

[13:50] {Threei} volume today is practically non-existent

[14:00] {Threei} AUG MONTHLY BUDGET STATEMENT: -$111.4B V -$139.5BE

[14:14] {dino} for a fri in sept. nothing moving since noon

[14:18] {dino} pcs

[14:25] {Threei} yawn

[14:25] {fernp} eh?..ahh!

[14:33] {nemo} I think I'll self-flagellate some more over amed

[14:33] {dino} sm l nav .95

[14:50] {dino} zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[14:52] {nemo} Blew it again...was looking at the box range on between 1-2:15 was thinking 69.90...shoulda hit .95 on the retest at 2:30....

[14:53] {nemo} fcx, that is

[14:54] {dino} bummer

[14:57] {dino} nav stopped

[15:19] {dptl} have a good weekend all

[15:19] {Threei} take care dp

[15:19] {nemo} oh...you're awake

[15:20] {dino} cya dppp]

[15:22] {Threei} trying to decide whether UAUA worth a try for eod run or not

[15:22] {Threei} doubtfully...

[15:24] {nemo} nav rinse

[15:24] {dino} of course, yesterday and todat lots of rinses

[15:28] {nemo} let's see...dress socks to the left....casual socks....mmmmhhh...middle, yeah....athletic socks to the right...gotta' get the woolies out...

[15:31] {Threei} I don't know how you handle that much excietment nemo

[15:32] {Threei} bluejet... admin asked to ask you to check your e-mail

[15:33] {nemo} nuthin'

[15:34] {dino} brc out flat

[15:35] {nemo} "I don't want to be Mr. Pink"

[15:37] {Threei} I want to buy something

[15:37] {magoo} AIG

[15:37] {nemo} no...this is a joke coming

[15:40] {Threei} AIG actually goes

[15:40] {Threei} lol

[15:41] {dino} hl l ctrp .05

[15:42] {Threei} wow

[15:43] {nemo} market end positive?

[15:43] {Threei} mixed

[15:43] {Threei} DJI -5

[15:43] {Threei} NQ+2

[15:43] {nemo} 17 minutes

[15:43] {fernp} have a great weekend everybody. see u on monday.

[15:43] {Threei} S&P+2

[15:44] {Threei} take care fern

[15:49] {dino} cya fern

[15:50] {dino} out ctrp .29, +.24

[15:50] {nemo} kewl

[15:53] {Threei} AIG big pullback

[15:54] {nemo} yesterday's close

[15:54] {nemo} you play the bounce

[15:54] {Threei} a bit too closse to close

[15:55] {nemo} gnite folks c u monday...gods willing :)

[15:55] {Threei} take care nemo

[15:57] {dino} cya nemo\

[15:58] {Threei} okay guys

[15:58] {Threei} thank you all

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

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

[15:58] {larisa} see you monday :)

Sep 10 2009

Some UAUA playes, some HIG... a bit boring though

Session Time: Thu Sep 10 00:00:00 2009

[07:56] {magoo} morning

[08:00] {Threei} wow... it is...

[08:01] {magoo} comes to fast eh...

[08:02] {magoo} how was mkt rest of day vad?

[08:02] {Threei} let mw try and remember

[08:03] {Threei} mostly quiet,

[08:03] {Threei} GE gave us nice bounce scalp on decent shares,

[08:04] {Threei} VVUS made another run at the highs, hasn't quite reached it but was playable

[08:04] {Threei} dino shorted RCL while I hit it over the head,

[08:04] {Threei} (combined effort worked)

[08:05] {Threei} and I suggested whole room to slap nemo but wasn't supported by these wussies and got a debate with him instead

[08:05] {Threei} you know "why oh why" kind

[08:06] {magoo} nemo is quite the argumentive type lol...i would have just backed your play and slapped him silly

[08:07] {Threei} i know

[08:07] {Threei} [15:04] {Alert} Threei VVUS... we need magoo

[08:07] {Threei} [15:04] {Alert} Threei he will cry bitterly tomorrow seeing this

[08:13] {magoo} dvax \

[08:15] {Threei} 6:45:33 AM

[08:15] {Threei} Dynavax Technologies Reports FDA Removes Clinical Hold on HEPLISAVTM Phase 3 Hepatitis B Vaccine

[08:15] {Threei} - Today announced that the U.S. Food and Drug Administration (FDA) has removed the clinical hold for the HEPLISAVTM Investigational New Drug (IND) application in individuals with chronic kidney disease. HEPLISAV is a Phase 3 investigational adult hepatitis B vaccine designed to provide increased, rapid protection with fewer doses than current licensed vaccines.

[08:16] {Threei} - As a result of the FDAs decision, Dynavax expects to initiate a Phase 3 trial in chronic kidney disease patients in the near-term. Dynavax also plans to initiate a Phase 3 lot-to-lot consistency trial in adults over 40 years of age in early 2010.

[08:17] {Threei} ESE Brean Murray Initiates ESE with Buy, price target: $42

[08:17] {Threei} Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET

[08:17] {Threei} - Expectations for initial claims are 560K v prior release of 570K (range seen from 535K to 570K)

[08:17] {Threei} - Continuing claims seen at 6.200M v prior 6.234M. (range seen from 6.050M to 6.300M)

[08:28] {magoo} ese halted?

[08:28] {magoo} news MON?

[08:28] {nemo} ahhhhhh....another day in Paradise....oh...I'm still alive...

[08:30] {Threei} *(US) INITIAL JOBLESS CLAIMS: 550K V 560KE; CONTINUING CLAIMS: 6.088M V 6.200ME

[08:31] {Threei} 03:01 MON Guides FY10 EPS $3.10-3.30 v $4.08e (unclear if comp)

[08:31] {Threei} - Reaffirms FY09 guidance at the low end of $4.40-4.50 v $4.41e (for the 6th time)

[08:31] {Threei}

[08:32] {magoo} VVUS still has some left i see

[08:32] {magoo} whats high yrsterday

[08:33] {Threei} 12.49

[08:33] {magoo} ty

[08:37] {magoo} crushing MON

[08:48] {brian3579} gm all

[08:49] {Threei} brian :)

[08:57] {Threei} 07:17 UAUA JPMorgan Raised UAUA to Overweight from Underweight, price target: $13

[08:57] {larisa} good morning :)

[08:58] {Threei} larisa :)

[08:58] {larisa} :)

[09:00] {Threei} SPIR Signs collabortaion with UNICOR for solar systems (4.47, 0.00, 0.00%)

[09:00] {Threei} STEM to Initiate First Ever Neural Stem Cell Trial in Myelination Disorder (1.70, 0.00, 0.00%)

[09:02] {Threei} GNBT Announces USFDA Approval of Use of Company''s Flagship Buccal Insulin Product, Generex Oral-lyn(TM), Under the USFDA''S Treatment Investigational New Drug (IND) Program (0.68, 0.00, 0.00%)

[09:03] {Threei} btw larisa, magoo is not hopeless... he phoned me yesterday after president's speech, crying, deeply touched, in a state of emotional shock...

[09:04] {larisa} hope you cried back :)

[09:05] {Threei} I couldn't, I fainted

[09:05] {magoo} it was a spiritual moment

[09:05] {Threei} obviously

[09:06] {Threei} for an hour after that I was waiting for nemo to call

[09:06] {nemo} I forgot to watch...I was picking lint out of my belly button

[09:06] {Threei} you are just saying that... don't be embarassed to express your feelings

[09:07] {Threei} on second thought...

[09:07] {Threei} nag, kepp them to yourslef pls

[09:07] {nemo} hehehehe

[09:07] {nemo} here it comes...

[09:08] {Threei} UAUA on watch for possible momo

[09:08] {fernp} good morning everybody

[09:08] {Threei} fern :)

[09:16] {ese} good morning

[09:16] {Threei} ese :)

[09:17] {Threei} 08:17] {Alert} Threei ESE Brean Murray Initiates ESE with Buy, price target: $42

[09:18] {dino} gm all

[09:20] {ese} huh?

[09:20] {ese} well how bout that.....a stock with my handle

[09:20] {Threei} dino :)

[09:21] {Threei} ask Brean Murray, ese...

[09:21] {Threei} I thought you'd like that

[09:21] {Threei} there is also RAVN

[09:21] {ese} who in&^%%$# is Brean Murray

[09:21] {Threei} and LARS

[09:22] {dptl} good morning all

[09:22] {Threei} dp :)

[09:23] {ese} dp,laris nemo

[09:23] {nemo} haroo

[09:23] {larisa} :)

[09:25] {ese} opps and mags and dino

[09:29] {dino} :)\

[09:29] {dino} giddy-up

[09:31] {Threei} Long Setup: UAUA 7.15 break

[09:32] {Threei} stop under 7

[09:32] {magoo} in

[09:33] {ese} missed rats

[09:33] {magoo} out .24 TY

[09:33] {ese} saw the call too late

[09:33] {ese} nice mags

[09:33] {magoo} quad lot

[09:33] {ese} yo .........

[09:34] {magoo} VVUS smacked

[09:35] {Threei} UAUA 1:1

[09:35] {magoo} drat :)

[09:35] {magoo} GE smacked vad

[09:38] {Threei} SQNM Hearing takeover chatter circulating (6.09, +0.26, 4.46%) (related ROG.SZ )

[09:38] {Threei} but of course

[09:40] {dino} careful

[09:40] {Threei} forthose who partialled, stop to under .25

[09:40] {Threei} for scalpers, new setup:

[09:40] {Threei} Long Setup: UAUA .35 break if stays above .25

[09:41] {magoo} in

[09:42] {Threei} 1:1

[09:42] {magoo} out .44

[09:42] {magoo} ty

[09:46] {dino} ebix blood again

[09:47] {dino} -10 in day

[09:47] {fernp} BAC 16.75?

[09:47] {Threei} yes

[09:47] {Threei} break of it

[09:47] {magoo} man GE vad

[09:47] {Threei} stop under .70

[09:47] {fernp} ok

[09:48] {Threei} I am not delighted mags

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

[09:49] {Threei} GE started the day by drop even though market spiked up,

[09:49] {Threei} it drops disporportionally large when market retreats

[09:50] {Threei} and it hasnb't dropped as much as to become a capitalotion bounce candidate

[09:50] {fernp} out here. TY Vad

[09:50] {Threei} :)

[09:50] {Threei} even now, look at 1 min on GE,

[09:50] {Threei} while price forms valid bounce setup with .65 break trigger

[09:50] {Threei} volume doesn't match

[09:51] {Threei} nah, I am staying away for now

[09:52] {nemo} sheesh...amed

[09:52] {Threei} 1:2 BAC

[09:52] {Threei} nice spot fern

[09:52] {magoo} scalpers regrett big time uaua

[09:52] {fernp} :)

[09:53] {Threei} [09:08] {Threei} UAUA on watch for possible momo

[09:53] {Threei} ENER Hearing DB making cautious comments (timing uncertain)

[09:53] {Threei} - DB believes it would make no sense for AMAT to buy ENER. (12.71, +0.37, 3.00%) (related AMAT )

[09:56] {Threei} (US) Sen Shelby R (AL) : Seeking to 'slow the train down' on regulation change; Sees good prospect of eventual and meaningful reform (related EUR/USD )

[09:57] {Threei} (IA) Iranian weapon cache has been found in Afghanistan - CNN

[09:58] {dino} ebix sm l .90

[10:00] {magoo} VVUS vad

[10:00] {dino} cctr hl l .74

[10:01] {Threei} VVUS,

[10:01] {Threei} I can't give any technicals

[10:01] {Threei} but 13 seems very likely today, and quite possibly higher

[10:01] {magoo} just alerting u..i know..momo

[10:02] {dino} that was cstr sorry

[10:02] {Threei} UAUA...

[10:03] {dino} stop is .44 cstr

[10:04] {nemo} oil info today, might be why uaua

[10:05] {Threei} 08:57] {Alert} Threei 07:17 UAUA JPMorgan Raised UAUA to Overweight from Underweight, price target: $13

[10:05] {nemo} oh...nevermind...however oil out this morning

[10:06] {dino} pot gap fill and then some

[10:10] {Threei} thar she blows

[10:10] {nemo} who?

[10:10] {Threei} VVUS

[10:10] {Threei} [10:01] {Threei} but 13 seems very likely today, and quite possibly higher

[10:12] {dino} titn hl l .50

[10:17] {dino} guess who's coming on tv

[10:17] {Threei} nnnooooo

[10:17] {Threei} really?

[10:17] {nemo} elvis?

[10:17] {nemo} michael jackson?

[10:18] {ese} Vad give me an opinion on swks consolidation please

[10:18] {dino} god

[10:18] {nemo} must be on all stations

[10:18] {Threei} I like chart ese,

[10:18] {Threei} not sure about volatility

[10:18] {Threei} a bit too big for your style

[10:18] {ese} ture

[10:18] {Threei} can dive or spike 10 cents in one gasp

[10:20] {ese} tks

[10:24] {nemo} amed absorbing volume increase in a somall range after declining highs...possible short?

[10:24] {nemo} somall=small

[10:24] {dino} dk nemo, caution as dropped from 43 last week to 30

[10:25] {nemo} yeah, the CEO left?

[10:25] {dino} wou;d think 40 strike comes into play in couple days

[10:26] {dino} been buying the pullbacks for days, that has been working, fwiw

[10:27] {ese} L swks .01 1k lot here on pullback

[10:28] {ese} see if it can get back to it's high of the day

[10:29] {dino} swm

[10:30] {ese} it's been upgrades up the ying yang...should acount for something

[10:30] {ese} upgraded

[10:30] {nemo} next we should hear a rumor of a buyout

[10:30] {Threei} US FTC Chairman: There exist scams aimed at defrauding Govt of stimulus cash - Senate testimony

[10:30] {Threei} nnnnoooooo

[10:30] {nemo} yeah, it's called the budget

[10:30] {Threei} my world comes crashing down

[10:30] {ese} noooooooooo!!!!!!!!

[10:30] {ese} nodbody would do that

[10:31] {Threei} you mean some people actually will steal from the government??

[10:31] {dino} i am shocked

[10:31] {Threei} our gentle trusting generous government??

[10:31] {nemo} well, the government steals from them first

[10:31] {Threei} hmmm... pres just said he loves nurses

[10:32] {nemo} in the Biblical sense?

[10:32] {dptl} lol

[10:32] {Threei} and hurriedlt added that Michelee knows

[10:32] {nemo} probably has her dress up for him

[10:32] {nemo} oops

[10:32] {nemo} sorry

[10:32] {Threei} sigh

[10:32] {dino} i prefer waitresses, i ask for something, they bring it

[10:32] {Threei} nemo

[10:33] {Threei} how about we institute this rule for you:

[10:33] {nemo} yeah....

[10:33] {Threei} you type what you have to say,

[10:33] {nemo} count to 1000

[10:33] {Threei} then read it,

[10:33] {Threei} then inhale

[10:33] {Threei} then exhale

[10:33] {Threei} then read it again

[10:33] {Threei} and only then decide if you want to hit that enter

[10:34] {Threei} GM To reportedly offer 60 day money back guarantee on new vehicles - unconfirmed report (related F F.IT )

[10:34] {Threei} good bye rent

[10:34] {ese} a couple of months back somebody on this board suggested that instead of the stimulus package they should fund every american 1 million dollars....population is what 350/400 million........would have been a better way to do it I think

[10:34] {dino} lol, and you think repos are a problem

[10:34] {Threei} I come for vacation, I buy GM vehicle, I return in in two weeks

[10:34] {dino} me, i sduggeted that

[10:35] {ese} lots of merrit to it I think dino

[10:35] {nemo} yeah, the logic is so iron clad, it's ridiculous

[10:35] {dino} ty guys, usually i'm off base

[10:35] {Threei} cool nemo, from the time it took you to react I assume you started implementing the rule {G}

[10:35] {nemo} [10:34] {ese} a couple of months back somebody on this board suggested that instead of the stimulus package they should fund every american 1 million dollars....population is what 350/400 million........would have been a better way to do it I think

[10:36] {nemo} check your math ese:

[10:36] {ese} everybody get 1 mil......nobody will want o steal......

[10:36] {nemo} 350,000,000 X1,000,000= 350,000,000,000,000

[10:36] {Threei} lol

[10:36] {ese} OK half a mil then

[10:36] {Threei} anyone actually understands that?

[10:37] {Threei} HIG...

[10:37] {Threei} HIG Exec: Does not make sense to become a leader in the annuity market (23.06, +0.05, 0.22%)

[10:37] {Threei} this is the reason for spike?

[10:38] {ese} 1/4 of a mil ?

[10:38] {nemo} you're a math teacher, aren't you?

[10:39] {Threei} HIG tortures me

[10:39] {magoo} u mean "us"

[10:39] {Threei} something happens there

[10:39] {Threei} but can't pinpojnt eh setup

[10:39] {ese} ya they chuck me into a math classroom when nobody else will do it

[10:39] {Threei} eh = the

[10:41] {dino} what the heck yesterday they admitted that they blew 85billion on gm,chrysler

[10:42] {dino} maybe should've just given us all a 50k auto

[10:42] {Threei} BCRX Stock trading higher ahead of Rodman & Renshaw conference presentation at 2:25pmET (11.39, +0.51, 4.69%)

[10:43] {Threei} HIG, I am crying

[10:43] {nemo} aig, I'm crying

[10:43] {Threei} VVUS

[10:43] {Threei} hard pullback

[10:44] {Threei} US) Reportedly a group of 20 congressmen have sent a letter to CFTC's Gensler requesting limitations on energy market speculators

[10:44] {Threei} imbecils

[10:48] {Threei} Preview: DOE (EIA) Petroleum Inventories due at 11amET

[10:48] {Threei} **consensus expectations:

[10:48] {Threei} Crude: -1.6Me

[10:48] {Threei} Gasoline: -1.4Me

[10:48] {Threei} Distillate: +750Ke

[10:49] {Threei} can't believe it

[10:49] {Threei} I am looking at HIG ever since it started touching 23 for a break

[10:49] {nemo} politician told the truth?

[10:49] {Threei} and can't find setup

[10:50] {Threei} and thing goes a buck

[10:50] {Threei} what was the name of that sitcom...

[10:50] {Threei} just shoot me

[10:50] {nemo} had that one shot at .05

[10:50] {nemo} pun intended

[10:51] {nemo} that was the name of the sitcom

[10:51] {nemo} George Segal

[10:52] {nemo} look at AIG go too

[10:52] {dino} amag

[10:56] {nemo} hig pullback

[10:58] {dino} out ebix .50,

[10:58] {dino} +1.59

[10:59] {larisa} gj

[10:59] {ese} nice dino

[10:59] {ese} what was you in 47?

[10:59] {dino} ty

[10:59] {ese} your

[10:59] {dino} 47.91

[10:59] {dino} posted above

[11:00] {ese} nemo dcc

[11:04] {dino} avav hl l .00 stop .68

[11:11] {Threei} US House Speaker Pelosi: Confident US Pres Obama will sign healthcare reform bill this year (related IYH )

[11:15] {dino} cstr stopped .59, -.15

[11:16] {dino} amag hmmm

[11:19] {ese} ahhhh come on swks.........should i take my 40 bucks and be done with it or should i hold on........lets have a board vote for fun

[11:19] {dino} hl l amag .80, stop .49

[11:20] {ese} am counting on vads assesment of this stock.....can bounce .10 in a heartbeat

[11:21] {ese} and this one is making 5 year highs.......keeps going up until it doesn't

[11:23] {dino} take the $

[11:23] {dino} mkt not cooperating

[11:23] {ese} ok......we have one take the money

[11:23] {Threei} all morning mkoves occured within 13 points NQ

[11:23] {dino} and buy me lunch

[11:23] {nemo} Yeah, go Steve Miller

[11:23] {Threei} be happy wqe found what we did

[11:24] {ese} true.......

[11:24] {nemo} No HOPE allowed

[11:24] {nemo} (as swks continues to creep higher)

[11:25] {Threei} I missed your entry ese

[11:25] {Threei} where are you in from?

[11:25] {ese} .01 vad

[11:25] {Threei} cool beans

[11:25] {Threei} sell half if in doubt

[11:25] {ese} 1k.....for the excitement of it all

[11:26] {Threei} trail stop to b/e

[11:26] {Threei} see if you get breakoput for the second half

[11:26] {Threei} sheesh, my typing becomes worse by minute

[11:27] {ese} done stop .02 to cover commision

[11:27] {nemo} amed running for strike Dino

[11:28] {ese} out 1/2 .22 +.21

[11:29] {ese} this is working like a plan

[11:29] {Threei} stress-free trading

[11:29] {dino} pretty much there imo nemo, 40s

[11:29] {nemo} vvus vad

[11:29] {ese} question is....how far will it go after .25

[11:29] {dino} hard stop .49 so let her trade

[11:29] {Threei} and just two years ago you didn't believe me it was possible

[11:29] {Threei} no read nemo

[11:29] {Threei} it's on my screen

[11:30] {Threei} Mitsubishi Motors Chrysler, Mitsubishi and Hyundai have ended manufacturing alliance

[11:30] {Threei} - Chrysler's GEMA plant would have produced engines for all three auto makers, will now make engines for Chrysler alone.

[11:31] {Threei} oil numbers soon

[11:32] {dino} sopped amag

[11:32] {nemo} huh? oh

[11:34] {dino} stopped....vad spelling issues

[11:34] {nemo} yeah

[11:34] {Threei} sorry dino

[11:34] {fernp} lol

[11:34] {dino} your fault vad

[11:34] {dino} :)

[11:35] {Threei} I know

[11:35] {Threei} UAUA is back to highs

[11:36] {nemo} you picked the bottom on amag dino

[11:37] {dino} f'ing amed

[11:37] {dino} amag

[11:37] {nemo} yeah

[11:39] {nemo} bullish oil report

[11:41] {dino} trgl?

[11:43] {_gnslng} .

[11:43] {nemo} ?

[11:44] {Threei} no news TRGL

[11:48] {dino} missed it

[11:49] {dino} cstr hl l .35 last try

[11:51] {Threei} hmm

[11:51] {Threei} I think I forgot to post oil numbers

[11:51] {Threei} *DOE CRUDE: -5.9M V -1.6ME; GASOLINE: +2.07M V -1.4ME; DISTILLATE: +1.99M V +750KE; CAPACITY UTILIZATION: 87.2% V 86.8%E.

[11:51] {Threei} - Distillate demand -15K bpd to 3.48M bpd

[11:51] {Threei} - Gasoline demand -195K bpd to 9.28M bpd

[11:51] {nemo} [11:39] {nemo} bullish oil report

[11:52] {Threei} case of inhale and exhale

[11:52] {Threei} don't add that much value {G}

[11:52] {Threei} market hasn't reacted either way anyway

[11:52] {nemo} yeah, should have had a question mark after it. ERX popped but then dropped back.

[11:53] {nemo} Loook oil inventory down....mmmmmhhh....gas inventory up

[12:03] {dino} trgl s .90

[12:03] {dino} hl

[12:03] {dino} prx

[12:11] {Threei} (US) Senator Baucus (D): President Obama has injected "new life" into the healthcare reform process in the Senate

[12:11] {Threei} - Senator Baucus says his committee's plan closely tracks Obama's priorities.

[12:14] {Threei} things are frozen solid

[12:15] {nemo} coma time

[12:16] {Threei} ese, look dcc please

[12:17] {nemo} see that volume spike on cstr dino

[12:18] {dino} y

[12:18] {dino} didn't move it

[12:18] {nemo} bringing some volume in though

[12:19] {dino} two edge sword

[12:21] {nemo} yeah, if it doesn't move it

[12:22] {dino} the only way it moves is if i get out

[12:22] {nemo} or i get in

[12:23] {dino} lol

[12:23] {nemo} wouldn't do that to you Dino

[12:23] {nemo} be guaranteed to test the low

[12:29] {dino} amag hl l .61 stop .39 last try

[12:34] {Threei} US) Fed's Lockhart: Must remain mindful of the global role of the USD, level of US public debt is sustainable despite recent growth; says Fed is not monitizing debt

[12:34] {nemo} Can't wait for Santa to visit

[12:35] {Threei} you arwe so cynical

[12:35] {Threei} I for one believe him

[12:35] {nemo} learned from you

[12:35] {Threei} well, magoo also learned typing from me

[12:35] {Threei} look where it got him

06[12:36] * nemo crawls in cave...closes door...pulls blanket over head

[12:36] {Threei} - US will depend less on the rest of the world to finance debt as current account balance shrinks

[12:37] {Threei} VVUS flatlined

[12:37] {Threei} often starts anther climb after such stall

[12:38] {Threei} let's say,

[12:38] {Threei} 15 long,

[12:38] {Threei} stop under 12,

[12:38] {Threei} and considering time of the day'

[12:39] {Threei} discretionary ttade

[12:39] {Threei} you likey - you takie

[12:40] {nemo} they heard you call your stop

[12:53] {Threei} stuill valid but I am not too jazzed about it

[12:54] {Threei} whole market is frozen

[12:54] {Threei} so we are in coma

[12:54] {Threei} HIG is active though

[12:57] {Threei} VVUS invalidated now

[13:05] {ese} yaaaaaaaaaaaaaaawn.........still watching swks.........somebody otta give it a good swks in the???? stock trading in slow motion

[13:08] {Threei} 44% Favor Presidents Health Care Plan, 53% Oppose

[13:11] {dino} avav stopped -.22

[13:12] {dino} cstr stopped -.27

[13:19] {Threei} want to start trying HIG for an ultimate breakout?

[13:19] {Threei} .400 break is long trigger

[13:19] {Threei} stop under .30 for daytraders

[13:19] {Threei} under .35 for hardcore scalpers

[13:20] {Threei} won't be ab easy trade by any means

[13:20] {magoo} ok

[13:21] {dino} rcl s .01

[13:29] {fernp} invalidate HIG, no?

[13:29] {nemo} broke .30

[13:29] {nemo} short below .25?

[13:30] {nemo} which is R2

[13:32] {Threei} HIG is kind of on and off

[13:32] {Threei} invalidated but can reestablish itself

[13:32] {Threei} US) Senior Fed Economist suggests 2% inflation target may be too low - WSJ

[13:32] {Threei} - higher target may be needed to avoid restraints while rates are extraordinarily low

[13:33] {nemo} I've got a real nasty thing to say to him

[13:33] {Threei} I don't

[13:33] {nemo} why

[13:33] {Threei} physical violence is the opnly thing I see as approriate

[13:33] {nemo} oh...man after my own heart

[13:33] {Threei} no words can help in this case

[13:36] {dino} the only way out is to re-inflate it

[13:37] {nemo} that's the problem, it's not working

[13:37] {dino} don't kid yourself, the powers that be want to remain in power

[13:37] {Threei} IA) US Officials: Iranian proposal does not necessarily respond to US concerns over nuclear program

[13:37] {nemo} I understand, but the ability to reinflate has been waning with each bubble...asymptotic

[13:37] {Threei} sure dino, but so far they just couldn't find the way to do that

[13:37] {Threei} right, what nemo said

[13:38] {nemo} I channeled that

[13:38] {Threei} there are voices that say:

[13:38] {dino} it will happen, world is just a bit afraid so propping $, give it time

[13:38] {nemo} Vad, that's sticking your chin out

[13:38] {Threei} no amount of money printed can return us to inflation at this point UNTIL we print enough to cover the debt

[13:38] {dino} nah

[13:39] {magoo} vad..mkt ram or rot in last hour and half iyo?

[13:39] {Threei} and with THIS amount of debt, we haven't started making a dent in it

[13:39] {dino} debt will not matter once dollar devalues

[13:39] {Threei} neither mags

[13:39] {nemo} if $ devalues who can afford what?

[13:39] {Threei} I am not saying those voices got it exactly right

[13:40] {Threei} but there is something to it

[13:40] {dino} hard assets go up nemo

[13:40] {nemo} but crushes consumer

[13:41] {Threei} HIG... pullback entry is obviously better way to play it,

[13:41] {Threei} problem is, unlike many stocks we play on pyullbacks,

[13:41] {Threei} this one doesn't form a minirange before bouncing back

[13:41] {dino} in beginning no, better than deflation by far. inflation is hidden until out of control, say over 10%

[13:43] {Threei} let's try conservative entry on HIG

[13:44] {Threei} broke, retreated a bit

[13:44] {Threei} if we are lucky, we may get pullback to .35 or so

[13:44] {magoo} nice chart

[13:44] {Threei} come on HIG, a bit more down

[13:45] {ese} come on swks...a bit more up

[13:46] {_gnslng} .

[13:46] {nemo} ?

[13:47] {ese} ?

[13:48] {Threei} \|/

[13:48] {fernp} i dont understand you

[13:48] {dino} rimm hl l .50rcl stopped -.06

[13:48] {nemo} amzn flying

[13:48] {Threei} very shallow pullback HIG

[13:49] {magoo} must confess...in

[13:49] {Threei} I suspected as much

[13:49] {nemo} where mags?

[13:49] {Threei} hate this kind where I can't give exact entry

[13:49] {dino} avav l .78 last try

[13:50] {Threei} let's compare notes mags

[13:50] {Threei} I took .38

[13:50] {Threei} you?

[13:50] {magoo} .25

[13:50] {Threei} I hate you

[13:51] {magoo} i know

[13:51] {larisa} .25 13:36? or earlier?

[13:51] {nemo} john 3:16

[13:51] {magoo} yes

[13:51] {nemo} clear as mud

[13:51] {larisa} perfect entry

[13:52] {magoo} been stalkin it all day

[13:52] {Threei} US Treasury's Geithner: Banking system has a lot more capital now - testimony Q

[13:52] {Threei} oh good

[13:52] {Threei} I am happy for them

[13:52] {dino} s/p broke highs 1038

[13:52] {dino} 39

[13:52] {Threei} financial system now is stronger than on the eve of the collapse - testimony Q

[13:52] {Threei} - Notes that the financial system is less likely to be a headwind

[13:53] {Threei} with guys like Geiithner, what chance do I ahve to defend my title of Captain Obvious?

[13:54] {nemo} you're toast

[13:54] {dino} rimm to b/e

[13:54] {Threei} Motorola Inc CO-CEO: MOT will announce a new smartphone product called Cliq today that is android based

[13:54] {Threei} - Aiming to unveil an additional smartphone in coming weeks. To sell Cliq through T-mobile in the US; and be available for holidays

[13:54] {Threei} - Note: on 8/28 MOT commented that it was building its phone business around the GOOG android platform

[13:57] {magoo} where u thinkin ecit vad?

[13:58] {Threei} ecit?

[13:58] {nemo} It's Threeish

[13:58] {Threei} exit? oh boy

[13:58] {ese} out in full, 1/2 lot swks .37 +.36

[13:59] {Threei} wtg ese

[13:59] {Threei} mags, you really need to distance yorself from me a bit

[13:59] {Threei} it progresses

[13:59] {ese} thats it for moi today everyone.....see you tomorrow......

[13:59] {Threei} take care ese

[13:59] {nemo} What's a half lot for you ese, 10k shares?

[13:59] {Threei} I'd think somewhere above .70 mags

[13:59] {ese} love that stress free trading style of yours vad

[13:59] {Threei} but partial

[13:59] {dino} out rimm +.20

[14:00] {ese} 500 shs.......should have been this time nemo

[14:00] {ese} cya

[14:00] {Threei} yeah... try to do it with stress for years, day in day out,

[14:00] {Threei} you'll be burnt out pretty fast

[14:00] {dino} cya es

[14:02] {dino} 9630 resis.

[14:02] {dino} bang

[14:08] {Threei} VNDA Hearing takeover chatter circulating

[14:08] {Threei} - Takeda rumored as potential acquirer (13.90, +0.67, 5.06%) (related 4502.JP )

[14:08] {Threei} suuure

[14:08] {Threei} rumor mill just goes over all the recent names

[14:09] {Threei} whoever bough at 14.17 a few min ago thinks now "jeez, let the buyout come soon enough and be at 14.20 at least"

[14:11] {dino} \out avav +.11

[14:16] {Threei} how did I miss BRCM

[14:16] {Threei} 38 breakout, textbook

[14:16] {nemo} you mean 30?

[14:17] {nemo} cat same at .28

[14:18] {Threei} and scanner had it

[14:18] {nemo} Mags' fault

[14:18] {Threei} must be

[14:19] {dino} avav l .01 ave

[14:24] {magoo} out .89 vad HIG TY

[14:24] {Threei} wtg

[14:25] {Threei} this one worked fine, except entry was tough to call

[14:26] {magoo} not showing my out, but got .89

[14:26] {Threei} 14:25, printed .89

[14:26] {dino} avav to .18

[14:27] {dino} swm

[14:28] {dino} out avav .22, +.21

[14:29] {dino} opps slippage ave .20

[14:29] {dino} titn all day stopped -.20

[14:32] {dino} swm s hl .06

[14:33] {Threei} BCRX Reiterates expects to begin the US phase 3 trials of Premavir flu treatment this fall and winter- conf slides

[14:33] {Threei} - the drug has already been in phase 3 trials in Asia. (10.89, +0.01, 0.09%)

[14:44] {dino} swm tighten bstop to .27

[14:46] {dino} dv

[14:51] {dino} omcl

[14:55] {dino} rcl s .55

[14:55] {Threei} HIG new high

[14:58] {Threei} interesting, no other finnie is that strong

[15:02] {Threei} good pullback

[15:02] {Threei} .90 break long

[15:02] {Threei} for bounce

[15:02] {Threei} styop under .85

[15:06] {Threei} no go

[15:09] {Threei} ZGEN Discloses prelim results of Phase2 study by MRK on rheumatoid arthritis did not meet pre specific level of diseas contol activity (6.38, -0.04, -0.62%) (related MRK )

[15:09] {Threei} ouch

[15:09] {dino} zgen

[15:09] {dino} opps

[15:10] {Threei} caught short just above 6

[15:10] {Threei} out 5.60

[15:12] {dino} reload?

[15:12] {Threei} not sure

[15:12] {Threei} forst reaction is emotions

[15:13] {Threei} for another entry gotta look into company

[15:13] {Threei} what else do they have ina pipeline

[15:13] {Threei} how important this particular drug was for them

[15:14] {dino} gut says if gets close to hod short it

[15:15] {dptl} have a good evening all

[15:15] {Threei} take care dp

[15:15] {dino} cya dpppppppp

[15:16] {dptl} :)

[15:20] {dino} rcl to .45

[15:20] {dino} cov +.10

[15:28] {dino} zgen s .10

[15:30] {dino} swm stopped -.21

[15:30] {fernp} have a good evening everybody. see u all tomorrow

[15:30] {Threei} take care fern

[15:30] {dino} cya fern

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

[15:31] {Threei} - NYSE volume 895M shares, about 6% above its three-month average; advancers lead decliners by 2.3:1.

[15:31] {Threei} - NASDAQ volume 2.03B shares, about 12% above its three-month average; advancers lead decliners by 1.3:1.

[15:31] {Threei} - VIX index -2.75% to just over 23.50

[15:32] {Threei} joined you dino

[15:32] {Threei} stop above .20

[15:33] {Threei} doesn't want to drop

[15:33] {Threei} oh well

[15:33] {nemo} market rising

[15:33] {dino} nope

[15:33] {Threei} ZFEN has nothing to do with market direction

[15:33] {dino} zgen that is

[15:33] {Threei} ZGEN'

[15:34] {dino} seems bad is good for it

[15:35] {Threei} no signs of late day run in UAUA

[15:36] {Threei} nor VVUS

[15:36] {magoo} how about hig

[15:36] {Threei} just sits there as well

[15:37] {Threei} although this one can spike out of nowhere

[15:43] {Threei} C Citigroup officers win dismissal of auction rate securities (ARS) lawsuit that claimed they manipulated the market (4.72, +0.06, 1.29%)

[15:43] {Threei} SEC will propose new rules on Flash orders on Sept 17

[15:43] {Threei} imbecils

[15:44] {dino} avav l .75

[15:48] {Threei} okay guys, don't want to engage in anything this late

[15:49] {Threei} too slow day

[15:49] {dino} trgl stopped -.12

[15:49] {Threei} except morning plays, nothing much came about

[15:49] {Threei} somehowI slept through BRCM perfect setup though

[15:49] {Threei} oh well

[15:49] {Threei} have a good evening, see you tomorrow

[15:50] {dino} nav l .30

[15:50] {larisa} bye :)

[15:51] {dino} cya larisa

[15:51] {larisa} :)

[15:57] {dino} nav stopped

[15:58] {dino} avav out .86 +.11