Friday, January 8, 2010

Jan 08 2010

Action normalizes and setups start working as they should ICXT, CYCC, DYAX, couple more... still not pressing too much but profits are being booked again.

Session Time: Fri Jan 08 00:00:00 2010

[08:04] {strider} out CYCC, 3.31, +.76
[08:05] {Threei} oh, I got it - you are crazy
[08:05] {Threei} wtg
[08:05] {strider} watched it aftermarket yesterday. climbed all the way.
[08:07] {Threei} single glance at the daily chart demonstrates that gravity is a myth
[08:07] {strider} It
[08:07] {nemo} not really, once the rocket fuel runs out
[08:07] {strider} IT's worse in some places than others.
[08:09] {strider} It's rolling over now.
[08:09] {nemo} fuel ran out
[08:09] {Threei} scary thought is - it's available for shorting
[08:10] {strider} Too bad Laser's charts don't start till 8AM.
[08:10] {strider} I've got a dinky one that MBT had in beta that starts at 7:30.
[08:11] {strider} had=has
[08:11] {Threei} US) Preview: Dec Unemployment Rate data due out at 8:30am (13:30 GMT)
[08:11] {Threei} - Consensus expectations at 10.0%e v 10.0% prior (analyst range of estimates seen from 9.9% to 10.2
[08:15] {strider} Unemployment in my county is almost 15%.
[08:28] {nemo} must be good report spy popped
[08:29] {Threei} no report yet
[08:29] {nemo} not for us
[08:29] {nemo} tna popping
[08:29] {nemo} yeah interpreted as good
[08:29] {nemo} there go qs
[08:29] {nemo} or it's a setup up to slam when it comes out
[08:30] {nemo} hah!
[08:30] {Threei} *(US) DEC UNEMPLOYMENT RATE: 10.0% V 10.0%E
[08:30] {nemo} paranoid conspiracist me
[08:30] {Threei} so much for the theory that someone got it earlier than us
[08:30] {Threei} *(US) DEC CHANGE IN NONFARM PAYROLLS: -85K V 0KE; CHANGE IN MANUFACTURING PAYROLLS: -27K V -35KE
[08:30] {nemo} not necessarily, had that spike up two minutes before
[08:31] {nemo} yahooo!!!!
06[08:31] * nemo thinks he had too much coffee
[08:31] {Les} time for your vodka shot nemo
[08:31] {Les} GM
[08:31] {nemo} thanks for reminding me
[08:32] {Threei} that woiuld be redundant, considering how much he spikes his coffee with vodka
[08:32] {ese} morning
[08:32] {nemo} Told you, I quit drinking
[08:32] {nemo} intravenously now
[08:32] {Threei} ese
[08:32] {nemo} dude
[08:32] {ese} vad
[08:32] {ese} dude!!!!!!!!!
[08:32] {Threei} LUNA Expands relationship with Intuitive Surgical
[08:33] {nemo} cycc holding well
[08:33] {Threei} SPDE Zargis Cardioscan Cleared for Sale in Canada
[08:34] {nemo} what's oil doing?
[08:34] {Threei} dropped
[08:37] {nemo} wow Qs dropped a whole .11 cents
[08:38] {nemo} there they go
[08:43] {fernp} Good morning everybody
[08:43] {nemo} damn, how do we hop on the down elevator?
[08:43] {nemo} hola fern
[08:43] {fernp} nemo
[08:43] {Threei} fern :)
[08:49] {ese} awwwwwwwe i didn't get the smile face..........sniffle sobb...whine........
06[08:50] * nemo slaps ese around a bit with a large trout
[08:50] {ese} ok i'm better now.......phew
[08:50] {Threei} there is always a smile somewhere deep in my soul
[08:50] {ese} tks vad
[08:50] {Threei} smile... smirk... sarcastic snarl...
[08:52] {Threei} sardonic sneer
[08:52] {nemo} malevolent mirth
[08:52] {nemo} mmhhhh...this is the kind of commentary that usually gets a rise out of Raven
[08:52] {ese} mirth......huh
[08:53] {ese} haven't heard that one
[08:53] {Threei} didn't incorporate that yet nemo, but will add it my arsenal
[08:56] {Threei} this is interesting correspondence in numbers:
[08:56] {Threei} 32% Say U.S. Heading in Right Direction
[08:56] {Threei} 32% Confident Congress Represents Their Best Interests
[08:57] {Threei} have we finally nailed the right ratio of idiots?
[08:57] {nemo} no
[08:57] {nemo} much too low
[08:57] {Les} what about the other 32%?
[08:57] {nemo} good one les
[08:58] {Threei} I don't know nemo... maybe we are in a ballpark:
[08:58] {Threei} 45% Say Random Group From Phone Book Better Than Current Congress
[08:59] {ese} lol
[08:59] {nemo} go figure...bad job report consumer discrtionaries up big
[09:00] {nemo} never mind
[09:00] {nemo} some moron hit market buy
[09:00] {ese} by the way.....the mango tea was great last night vad.....but the vivid description of nemo was even better
[09:00] {Threei} lol
[09:00] {nemo} nice ese...think I'll bite?
[09:00] {ese} well..........thought it was a good try
[09:02] {Threei} I exaggerated a bit ese... that third arm above the right shoulder blade is not that pronounced
[09:02] {ese} rotflol.......ya......even i was bitting on tht one
[09:03] {nemo} haven't got a haircut since Vad last saw me
[09:04] {ese} the wild look is good.....
[09:04] {nemo} what's left of it anyway
[09:04] {nemo} amzn rebounded nicely
[09:07] {nemo} gld, fcx up big
[09:09] {ese} anyone heard any rummors re the non farm payrolls......
[09:09] {nemo} down 85k ese
[09:09] {Threei} rumors?
[09:09] {Threei} *(US) DEC CHANGE IN NONFARM PAYROLLS: -85K V 0KE; CHANGE IN MANUFACTURING PAYROLLS: -27K V -35KE
[09:09] {Threei} - Prior Nonfarm Payrolls revised from -11K to +4K (first positive reading since Dec 2007)
[09:09] {Threei} - Prior Manufacturing Payrolls revised from -41K to -35K
[09:09] {Threei} - Birth death adjustment: +59K v +30K prior
[09:09] {Threei} - 3-month avg (with revisions): -64K v -82K prior
[09:09] {strider} VE CMG SPDE CYTX DB
[09:09] {nemo} cmg..omg
[09:10] {Les} oh crap is that -85k!
[09:10] {nemo} YES!!!
[09:11] {Les} so much for the "paint the good news" conspiracy at the BLS some bloggers were predicting
[09:11] {Threei} you know the price of majority of conspiracy theories
[09:11] {Les} do know
[09:11] {Les} now
[09:12] {Threei} about 1 share of CYCC pre-run per dozen
[09:13] {strider} TEN
[09:14] {Threei} CYTX
[09:14] {Threei} Cytori Therapeutics Inc FDA Grants 510(k) Marketing Clearance for Cytoris PureGraft System
[09:14] {Threei} - The first and only device in the United States cleared for aesthetic body contouring using autologous fat. PureGraft allows a patients own fat tissue to rapidly be prepared in approximately 15 minutes for re-injection back into the same patient for aesthetic contouring.
[09:14] {strider} there ya go.
[09:14] {nemo} so, is that code for breast enlargement?
[09:15] {strider} If that's what you need.
[09:15] {dino} gm all
[09:16] {ese} QQQQ heads for the exit after non farm....then bounces back a little....maybe not so bad
[09:16] {Threei} dino :)
[09:17] {dino} just thinking the naz is still way off 5k
[09:17] {Threei} lol
[09:17] {dino} thought you'd like that
[09:18] {Threei} MTEX Randomized, Double-Blind, Controlled Human Study Finds Mannatechs Ambrotose Complex Improves Cognition and Well-Being (3.00, 0.00, 0.00%)
[09:19] {ese} morning dino
[09:19] {Les} I could use that
[09:19] {dino} gm es
[09:20] {ese} improves what
[09:21] {Threei} - announced the results of a randomized, double-blind, placebo-controlled study that shows healthy middle-aged adults who took one teaspoon of Ambrotose complex1 twice daily performed significantly better on memory tasks and were overall more positive in their mood.
[09:21] {Threei} - The significantly better performance on memory tasks and positive effects on mood experienced by the study participants who consumed Ambrotose complex is congruent with beneficial effects on brain functions.
[09:23] {lasertrev} morning
[09:23] {Threei} trev :)
[09:23] {ese} LT
[09:23] {nemo} mini dave
[09:23] {ese} any thoughts about an opening play on cycc
[09:23] {lasertrev} hi all
[09:24] {Threei} only that it will open
[09:24] {nemo} Captain Obvious...been a loooong time.
[09:31] {ese} apol dino -5pts and change
[09:31] {Threei} ICXT, watching for pullback
[09:32] {Threei} 4:41:37 PM
[09:32] {Threei} OSI Systems Inc. Security related stocks trade higher as President Obama discusses steps being taken to increase airport and anti-terror security
[09:32] {Threei} - Obama confirms he has ordered use of more imaging technologies at airport security checkpoints.
[09:32] {Threei} Long Setup: CYTX .50 break
[09:32] {Threei} if stays above .35
[09:32] {strider} offers thin
[09:33] {dino} jst sm l .50
[09:34] {Les} cycc
[09:37] {fernp} ICXT, Vad?
[09:37] {Threei} wiould like couple more min of consolidation before break
[09:38] {Threei} no cuh luck weh
[09:38] {Threei} such
[09:38] {ese} l apol .65
[09:39] {strider} out OSIS +.10, +.05
[09:39] {ese} out apol .88 +.23
[09:40] {dino} gj
[09:40] {Les} RIMM consolidation
[09:41] {strider} don't care. :)
[09:41] {nemo} not listening
[09:41] {Threei} Long Setup: IXCT 9 break
[09:41] {strider} icxt
[09:43] {nemo} is it a short below .90?
[09:43] {fernp} stop is .80 or .90, Vad?
[09:43] {Threei} if sets up from here, under .90
[09:44] {Threei} US) Preview: Nov Wholesale Inventories due out at 10:00ET
[09:44] {Threei} **consensus expectations: -0.3%e v +0.3% prior (expectations range between -1.0% to +0.5%)
[09:44] {ese} in .04
[09:44] {nemo} missed
[09:46] {Threei} half out
[09:46] {strider} CYCC
[09:46] {fernp} ty very much
[09:47] {Threei} 1/4 more out
[09:47] {ese} out icxt .16 +.12
[09:50] {Threei} gravity doesn't exist in CYCC world {G}
[09:50] {strider} glad to know it's shortable.
[09:51] {Les} lol you shocked me so much with your responses to RIMM remark that I didn't realised I had shorted it
[09:51] {Les} out RIMM +.03 ICXT +.08
[09:51] {strider} put :) at end of my comment.
[09:51] {Les} RIMM was a nice setup.
[09:51] {strider} I've just sworn off RIMM for time being.
[09:52] {Les} oh right, now I get it
[09:52] {Threei} ICXT last portion management: stop to under .10, intend to sell above .30
[09:53] {Threei} strider... you swore off RIMM only to start trading AMZN? now I know the ultimate definition of trader's logic
[09:53] {strider} haha
[09:53] {Threei} :)
[09:53] {Les} FCX consolidation
[09:55] {Les} fcx .60 b/o with a little more consolidation?
[09:55] {strider} AMZN is an abdominal exercise.
[09:55] {nemo} mos consolidating near high
[09:55] {Threei} not sure les
[09:55] {strider} inventories at 10
[09:55] {nemo} bathroom at 9:55
[09:56] {dino} out jst .46, +.94
[09:56] {Threei} ELN Hearing vague renewed takeover chatter circulating
[09:56] {Threei} - JNJ and BIIB both rumored as potential acquirers (7.45, +0.12, 1.64%) (related JNJ BIIB )
[09:56] {dino} opps+.96
[09:56] {strider} wtg dino.
[09:56] {strider} wow
[09:56] {dino} ty
[09:56] {nemo} of course mos breaks
[09:58] {patience} nice start to the day dino
[09:58] {dino} ty, lucky, and way soon
[09:58] {ese} l grmn .68
[09:58] {dino} thought it would pull back, but mkt went up
[09:59] {Threei} AIG Certain US Congressmen reportedly seeking hearings on bailout disclosures; with Geithner to testify (29.88, +1.30, 4.55%) (related GS )
[09:59] {dino} this mess would be over if they let capitalism do its job
[09:59] {patience} no kidding
[10:00] {nemo} never has happened
[10:00] {Threei} US) NOV WHOLESALE INVENTORIES: 1.5% V -0.3%E
[10:02] {Les} RIMM .20 b/d
[10:02] {fernp} ALL valid breakout, Vad?
[10:03] {fernp} daily is nice 31 break
[10:03] {Threei} yes
[10:03] {ese} out .55 -.13
[10:03] {nemo} well, nothing holding this market back
[10:04] {Threei} XING?
[10:04] {strider} whoosh!
[10:10] {strider} LDK
[10:10] {Threei} LDK Ticking higher, hearing takeover chatter circulating (7.96, +0.03, 0.38%)
[10:12] {dino} rog
[10:14] {dino} gap fill
[10:15] {Threei} US Labor Sec Solis: President Obama will speak about tax credits and other initiatives to jumpstart economy later today
[10:15] {Threei} - Note: The WSJ reported earlier that Obama was to discuss new funding for manufacturing operations at the post NFP press conference; scheduled for 2:40amET
[10:16] {Threei} new funding eh
[10:16] {dino} azz
[10:16] {Threei} so much for letting capitalism work
[10:16] {dino} sm l rog .00
[10:16] {Threei} they learn nothing... their logic is:
[10:16] {Threei} if we do something and it doesn't work - let's do more of it
[10:17] {dino} we need suppy side econ
[10:17] {dino} and my azz was a stock
[10:17] {nemo} not popular among lefties
[10:18] {strider} personally, I'm ambidextrous
[10:18] {dino} fcn\
[10:18] {nemo} time for the opposable thumb joke
[10:19] {dino} gpn beats, raises and falls
[10:20] {Threei} Long Setup: XING .70 break
[10:21] {Threei} .65 support for hardcore scalpers
[10:21] {Threei} .60 for day traders
[10:21] {nemo} huge orders .75
[10:21] {nemo} offers
[10:22] {strider} immu
[10:22] {Les} seed going momo?
[10:23] {Threei} IMMU Potential Lupus Drug Gains U.S. Patent
[10:23] {Threei} - The patent covers the use of monoclonal antibodies that bind to the CD22 antigen on B-lymphocytes
[10:23] {dino} rog stopped whooshed
[10:23] {strider} long XING .71
[10:23] {Threei} certainly trying
[10:23] {Threei} CYTX... grrr
[10:24] {Threei} it reestablished setup, wasn't watching it
[10:25] {Les} AIG .40 B/D?
[10:26] {Threei} I doubt it, feels rather like bounce to me
[10:26] {Les} K
[10:27] {fernp} SNSS mags
[10:27] {strider} big offers all the way down, XING
[10:27] {Threei} don't see any news SNSS
[10:28] {Threei} a lot of cheap crap flies high
[10:28] {dino} fcn sm l .00
[10:28] {Threei} bull market must be coming to an end
[10:28] {Les} insiders whipping up day traders appetite you mean?
[10:28] {fernp} no news here SNSS
[10:28] {dino} strike action imo, look at the 5s and 0s
[10:28] {Threei} insiders?
[10:29] {Les} whoever
[10:29] {dino} magoo out
[10:29] {Threei} you don't really think insider are buying CYCC at 4?
[10:29] {dino} no
[10:29] {Les} who is whipping up this feeding frenzy?
[10:29] {Threei} who cares?
[10:29] {Threei} why does it matter?
[10:30] {nemo} How the hell would you find out anyway?
[10:30] {Threei} and if you did, what does it change?
[10:30] {nemo} nichts, nada, zip, zed, zero
[10:30] {dino} les, nothing matters
[10:30] {nemo} nihilism
[10:30] {Threei} it's a well known phenomena:
[10:30] {strider} nihilism matters
[10:30] {dino} what you call me, :)
[10:31] {Threei} small caps, especially crappy ones with fundamentals of a broken fridge,un at the end iof the bull market
[10:31] {Threei} nothing new about that
[10:32] {Les} ok. that was what I was trying to understand
[10:32] {Les} how you could call possible end of bull market
[10:32] {Threei} you can't
[10:32] {Threei} not to the day or to the point
[10:33] {Les} but a good red flag for me to understand nonetheless
[10:33] {Threei} you build reasonable expectations based on experience and history, then you wait for technical formations to confirm
[10:33] {Les} k
[10:33] {dino} rog messed w/me
[10:34] {Threei} CYTX, how did I miss that
[10:35] {Threei} whew, finally
[10:35] {dino} end or correction? i see 7-10% dropis all
[10:35] {Threei} out DYAX 3.79
[10:36] {Threei} took way longer than I wanted
[10:36] {strider} you held it two nights.
[10:36] {Threei} yeah
[10:36] {Threei} 5K too
[10:36] {Les} I wish I had communicated with you for stop on DYAX.
[10:36] {Les} cost me a penny in stops
[10:37] {fernp} stopped XING
[10:37] {dino} rog last try sm l .99
[10:37] {Threei} yeah
[10:37] {strider} stopped 1/2 XING
[10:39] {Threei} DYAX may have remembered that it was assigned 9 target
[10:39] {strider} -.06
[10:43] {strider} long HOG .44
[10:43] {nemo} wouldn't be a day without it
[10:43] {Threei} lol
[10:43] {nemo} tck just goes
[10:43] {dino} lol
[10:44] {dino} ride that pig
[10:44] {strider} didn't trade it yesterday.
[10:44] {nemo} kiddin'?
[10:44] {strider} nope
[10:47] {dino} 4 years and i buy one, mid-life crisis planning
[10:47] {nemo} they'll be outlawed as....yuk yuk....gas HOGs
[10:47] {dino} lol
[10:48] {Threei} this is good idea dinio, why waste perfect middle life crisis
[10:48] {dino} already warned my wife
[10:48] {nemo} ah fdx bounced at 200 ma. it's there now
[10:48] {Threei} yup - red sport cabriolet and 23 years old blond mistress
[10:49] {Threei} that's my planning
[10:49] {strider} stopped HOG
[10:49] {dino} fdx crazy trader, 82-40 to 85 every day
[10:49] {strider} I"m not getting fills on Listed through Nasdaq.....
[10:49] {dino} -=.
[10:49] {nemo} fits you perfectly dino
[10:49] {strider} Help, Trev.
[10:50] {lasertrev} same as before?
[10:50] {nemo} place your order a couple of cents above on buys and a couple of cents below on sells...you'll get the best available price strider
[10:50] {strider} repeat: I'm not getting executions using nasdaq on listed stocks.
[10:51] {nemo} period?
[10:51] {strider} Trev, can you tell me how to set up options so that works.
[10:51] {lasertrev} pm
[10:51] {strider} If the best bid is not available on nas, I'm not getting it.
[10:52] {Les} vicious snapback from $ after this morns job reports
[10:52] {dino} zany
[10:54] {Les} fcx .34 b/o vad?
[10:54] {Les} hod
[10:54] {strider} Vad, didn't you say you used Nasdaq for listeds?
[10:56] {Threei} yes
[10:56] {Threei} why?
[10:56] {dino} out rog .40, +.41
[10:58] {ese} l bucy .55
[10:59] {ese} ouch......almost stopped in an instant
[11:00] {strider} Vad, I had only ARCA and INET checked under Route out. I thought that was routing out OF those ECNS. Trev tells me that it means any order will be routed TO those ECNs.
[11:01] {strider} Not much detail in the instructions on software.
[11:02] {dino} ttec
[11:02] {Threei} I have them all cvhecked
[11:02] {strider} So do I, n ow.
[11:02] {Threei} my orders swipe everything in sight
[11:02] {Threei} not discriminating agaionst anyone
[11:02] {strider} I misunderstood what checking the boxes did.
[11:03] {Threei} I don't even ytry to understand
[11:03] {dino} solid green scanners
[11:03] {Threei} I want everythin g to hit everything
06[11:03] * strider slaps Threei around a bit with a large trout
[11:03] {strider} Even that?
[11:03] {Threei} checking those boxes does just that
[11:03] {Threei} well
[11:03] {Threei} whatever rocks your boat
06[11:04] * Threei slaps strider around a bit with a large paddle for his boat
[11:04] {strider} XING could rock my boat, if it really wanted to.
[11:05] {dino} gpn wants to test lows
[11:05] {Les} AIG .25 b/d w .40 stop?
[11:06] {Threei} can't twell
[11:06] {Threei} not active enough
[11:06] {dino} odfl going for gap fill
[11:06] {Les} k
[11:07] {ese} stopped bucy .38 -.17 daaaaaaaaaaaaaaaa!!!!!!!!!!!!!1
[11:08] {dino} joyg took off
[11:09] {dino} ulta
[11:11] {ese} and ya know dino.......i was tossing up bucy and joyg......daaaaaaaaaaa!!!!!!!1
[11:11] {dino} they trade like "pulp"
[11:12] {dino} rinses
[11:12] {ese} definetly
[11:12] {dino} "pulp moves baby"
[11:14] {fernp} this time worked XING (same idea) ty Vad
[11:14] {Threei} :)
[11:14] {nemo} seed active again
[11:18] {ese} Lapol .59
[11:19] {strider} big offer at .80 XING
[11:19] {strider} would that cause you to exit at .79, vad?
[11:20] {Threei} depends... no straight answer
[11:20] {Threei} momo movers tend to eat those offers like they haven't had lunch in a week
[11:20] {strider} XING is momo?
[11:21] {dino} missed odfl by .08
[11:21] {Threei} started as such, look at around 10 am
[11:21] {strider} yeah
[11:22] {dino} fcn stopped -.35
[11:23] {Les} l fcx .71
[11:23] {Les} stop .60
[11:25] {dino} what the heck fcn
[11:26] {dino} same move rog did
[11:26] {Les} all out .80 +09. I see spy has some resistance to push through
[11:26] {strider} out -.03 balance of friggin XING
[11:26] {dino} jst contnues to recover
[11:28] {strider} dino, whatcha think of DMAN?
[11:28] {dino} you are d'man
[11:28] {Threei} rofl
[11:28] {strider} aw, geez
[11:28] {fernp} wow XING
[11:28] {dino} beat
[11:29] {nemo} fdx boys and girls
[11:29] {strider} XING blows
[11:29] {Threei} Logan Airport (Boston) temporarily closed due to Delta Connection airliner evacuation - CNN
[11:29] {Threei} - 28 people were on board; evacuation due to smoke in cockpit.
[11:29] {Threei} - Airport official comments that a suspicious smell in the incident may have been from de-icing fluid.
[11:29] {dino} i like it around 7.50 on a retest. that seems to be pattern today
[11:29] {strider} thx
[11:30] {strider} btw, you are D-Man
[11:30] {dino} at least thats how i'm getting rinsed
[11:30] {patience} would it be too much to ask for some definitive movement in the market today.....3 trades so far....all poor entries on my part....arghhhhhh!!!!!
[11:30] {dino} fdx wants that 82.40 area i mentioned earlier
[11:30] {dino} lol
[11:30] {strider} {--------------phoning in pizza delivery for patience.
[11:31] {patience} ty strider
[11:31] {strider} At least that will make you feel better.
[11:31] {dino} lol patience, last 3 days busy as hell here
[11:31] {patience} i'll eat it on the treadmill while i'm watching my trades lose money
[11:32] {strider} I'm 1 for 3 here...+ an overnight win.
[11:39] {Les} one day i'll learn to fade
[11:40] {Les} spy failed to break resistance, fcx went with it. sigh
[11:41] {ese} out apol .73 +.14 6k of the little buggars
[11:41] {dino} wtg
[11:42] {magoo} ello mates
[11:42] {ese} tks......bizzare couple of days here
[11:42] {ese} mmmmmmmaaaaaaagggggggoooooooo!!!!!1
[11:42] {Threei} hey mags
[11:43] {Threei} missed couple momos...
[11:43] {Threei} ICXT was totally for you
[11:43] {magoo} ya ya..had to plow
[11:44] {Threei} snow?
[11:44] {dino} who?
[11:44] {Threei} lol
[11:44] {magoo} no..women lol
[11:44] {nemo} reminds me of a joke
[11:44] {Threei} don't
[11:45] {nemo} just remember to edit around 11:45
[11:45] {nemo} I told it before anyway
[11:45] {dino} jst feels like it wants to explode up
[11:45] {nemo} joyg migh be long here ese
[11:45] {nemo} getting near lunch though
[11:46] {ese} tks nemo
[11:48] {nemo} there ya go ese
[11:48] {nemo} .15 or so 20k of the little buggers, you're golden
[11:50] {dino} jst
[11:50] {ese} nice move joyg nemo
[11:50] {nemo} pure price volume read
[11:51] {dino} gj nemo
[11:54] {nemo} gotta' head out for a little bit...folks...fdx been giving clear signals, it's been on a downward wedge..at crossroads here
[11:54] {dino} cya
[11:54] {fernp} bye nemo
[11:56] {Les} thanks man
[11:59] {dino} fcn retry ,.01 sm l
[11:59] {fernp} when do you go to Bahamas, Vad? this weekend or the next one?
[12:00] {Threei} Thursday
[12:00] {fernp} k
[12:00] {Threei} and the week after is going to be a short one
[12:00] {Threei} so you are not even going to start missing me
[12:00] {fernp} :-)
[12:00] {Threei} before I as a bad dream is back
[12:01] {Threei} "I is" or "me are"? which is correct?
[12:02] {fernp} dont know, but i understand you :-)
[12:03] {strider} short AMZN .91
[12:03] {Threei} that should scare you fern
[12:03] {fernp} lol
[12:04] {Les} short AIG .30 for a daytrade stop .40
[12:04] {Threei} DYAX exit is 2 cent below high
[12:05] {Threei} how's that for precision
[12:05] {Les} it obviously forgot its price target
[12:06] {Threei} oh well... memory of a moth, even very karge moth, is still short
[12:06] {Threei} very large moth - reread The Best of Dino
[12:07] {Threei} which today got replenished with
[12:07] {Threei} [11:28] {strider} dino, whatcha think of DMAN?
[12:07] {Threei} [11:28] {dino} you are d'man
[12:11] {dino} lol
[12:13] {ese} l joyg .19
[12:14] {ese} out joyg .32 +.13
[12:15] {Les} nice one
[12:16] {dino} watching abfs, cnwe, odfl, as fdx took off
[12:16] {dino} also kss off of .00
[12:16] {dino} cnw
[12:17] {dino} odfl filled
[12:17] {dino} open gap that is
[12:18] {Les} AIG rinseout
[12:19] {Threei} look at all the crap rushing in with news:
[12:19] {Threei} HYGS Awarded development contract with Canadian Space Agency
[12:19] {Threei} - Contract is for the development of a next generation power system to be used for surface mobility ... (0.48, +0.04, 9.09%) more...
[12:19] {Threei} NEXM Provide corporate update
[12:19] {Threei} - expects to hear from Health Canada concerning the approvability of its New Drug Submission (NDS) f... (0.32, -0.00, -0.16%) more...
[12:19] {Threei} Market Internals update at 12:00pmET
[12:19] {Threei} - NYSE volume 410M shares, about 8% below its three-month average; decliners lead advancers by 1.4:1.
[12:19] {Threei} - NASDAQ volume 970M shares, about 8% above its three-month average; advancers lead decliners lead advancers by 1.2:1.
[12:19] {Threei} - VIX index -2.75% to just over 18.50
[12:19] {ese} tks nemo by the way for the heads up on joyg
[12:20] {Threei} what is the VIX all time low?
[12:22] {Les} http://up.wbe02.mibbit.com/up/kqz6vtUj.gif
[12:22] {strider} 0
[12:22] {Les} 10 looks about it
[12:23] {dino} next week option exp. should get vix moving
[12:24] {patience} will be welcome
[12:25] {patience} silver wheaton up today after stopping me out yesterday....i'm in hudbay today which is snoring soundly.....oh sigh
[12:26] {dino} patience i had esi on tues. at 94, sold for slight loss, now over 100
[12:27] {strider} Maybe I'll follow Patience' lead, and move my exercise bike up from the basement.
[12:27] {patience} the problem in entries is me,i know how to read charts and movements
[12:28] {strider} AMZN can take a long time to work out.
[12:28] {patience} i'm on the treadmill now....2 hours during the market...might as well do something productive
[12:29] {dino} 2 mile walk every morning w/dog
[12:29] {dino} -5lbs since new year
[12:29] {strider} I've got some dumbbells here. Can only do so much of that.
[12:29] {strider} Your dog lost 5 lbs.?
[12:29] {Les} ?
[12:29] {dino} bowflex and treadmill in office
[12:29] {dino} lol
[12:30] {patience} setting up screens in front of treadmill so it doesn't obscure bnn was challenging
[12:30] {strider} My little office really isn't big enough for all that stuff.
[12:30] {dino} half to walk down hall, but at 4:00 bowflex
[12:30] {patience} i have rowing machine, bike, stairmaster, weights, treadmill.....i'm motivated
[12:30] {strider} Maybe I'll just think about patience on the treadmill. Think that will be as good?
[12:31] {dino} indeed
[12:31] {nemo} back, anybody get fdx break?
[12:33] {dino} fcn stopped again, off my screen
[12:34] {fernp} bizarre week
[12:35] {strider} don't much like this AMZN. Holding too well.
[12:38] {nemo} mos break .40?
[12:38] {nemo} although breaks at lunch....ehhh
[12:39] {strider} There you go, talking to yourself again.
[12:39] {nemo} volume right though
[12:39] {strider} AMZN bid at .37
[12:39] {nemo} only person with whom I can have an intelligent conversation
[12:40] {strider} harumph!
[12:41] {Les} fdx 84 b/d
[12:42] {nemo} frickin' mos breaking out at lunch like that
[12:43] {nemo} worth a try if this volume can't move the stock up...same caveat about lunchtime break down
[12:44] {nemo} qs and spy might break out though
[12:44] {Les} yeh can see that. will do dinner instead
[12:44] {strider} out AMZN .37 +.54
[12:45] {fernp} gj
[12:45] {strider} abs of steel.
[12:45] {dino} wtg
[12:45] {strider} thanks.
[12:49] {dino} gpn lod
[12:50] {strider} back in a few.
[12:54] {nemo} what a recovery UPS raising guidance cutting 1800 jobs
[12:55] {ese} ahhhh nemo your back.....thanked you earlier for the heads up on joyg.....went for the .20 break ..filled .19 sold .33
[12:55] {nemo} kewl
[12:55] {nemo} fdx had a nice break right after I left
[12:55] {ese} Q..all......
[13:01] {nemo} interesting chart bbby
[13:04] {Threei} AIG White House Pres Sec: US Treasury's Geithner was not involved in the AIG emails from the NY Fed; Geithner has the confidence of the President (29.20, +0.62, 2.17%) (related GS )
[13:04] {Threei} Hearing Lazard making positive comments on alternative energy names (timing uncertain) (related TAN FSLR TAN GRID ITRI YGE CREE )
[13:04] {dino} gpn sm l .71
[13:06] {fernp} CAT long cosolidation on highs
[13:10] {Threei} 59% Favor Racial, Ethnic Profiling For Airline Security
[13:14] {nemo} amzn back over the 132 threshold
[13:14] {nemo} will probalby test 133
[13:14] {nemo} 133.20
[13:15] {strider} you buyin?
[13:15] {nemo} no, I wasn't looking
[13:16] {nemo} last buyin would have been .90 but .35 stop too much
[13:18] {dino} gpn stopped -.24
[13:18] {Les} LVS
[13:19] {dino} plce hod
[13:20] {Les} AIG gave ideal b/d after rinseout.
[13:21] {dino} kss at trig
[13:21] {strider} this may be a goofy trade, but: long VE .37, for swing.
[13:21] {strider} stop under .00
[13:22] {strider} will appraise at eod, for o/n hold
[13:34] {ese} gotta go all....have a great weekend
[13:34] {strider} you too, ese.
[13:34] {Threei} take care ese, have a good one
[13:34] {strider} beat those drums.
[13:34] {fernp} bye ese
[13:34] {Threei} and drummers
[13:35] {dino} cya es
[13:35] {Les} bye ese
[13:35] {dino} dji wants green
[13:36] {Threei} Fed's Lacker: Commercial Real estate likely to be a sizeable drag on growth in near term; housing and auto sector no longer causing a drag for growth
[13:36] {Threei} that's a bild statement
[13:36] {Threei} bold
[13:37] {dino} what world does he live in
[13:37] {strider} I don't understand why SRS doesn't go up.
[13:37] {Threei} ummm
[13:37] {Threei} because market doesn't go dopwn?
[13:38] {Threei} what do you think SRS is? :)
[13:38] {nemo} financials are a big part of srs
[13:38] {strider} ultrashort real estate
[13:38] {nemo} has many of the components of skf
[13:38] {Threei} so why would it go up?
[13:39] {dino} reits have been doing very well
[13:39] {strider} because of lagging realestate?
[13:39] {dino} talking heads strider the big reits are rocking
[13:39] {strider} But isn't commercial doing poorly?
[13:40] {nemo} so isn't the economy...what's your point?
[13:40] {dino} not the stocks
06[13:40] * nemo slaps strider around a bit with a large trout
06[13:40] * nemo slaps strider around a bit with a large trout
[13:40] {dino} residential is the drag
[13:40] {strider} eat a fish, nemo.
[13:41] {nemo} that's cannabilism to me
[13:41] {strider} .what's your point?
[13:41] {nemo} har har har
[13:42] {strider} I keep watching SRS, and O (the stock) waiting for a dump. Just simple minded, I guess.
[13:42] {nemo} there's no reason for stocks to go down, no other alternatives
[13:43] {strider} live in igloos.
[13:43] {nemo} have to make new ones every year
[13:43] {strider} Or you could rent my rental house. IT's empty.
[13:45] {dino} strider, most of the big "commercial" real estate companies issued equity months ago, they are fine and moving up
[13:45] {nemo} besides...they know they'll get bailed out because they're backed up by the big banks
[13:45] {dino} it is the banks dumping the houses that remains the problem, imo
[13:46] {nemo} or not dumping them
[13:46] {dino} i think equity issuance took care of that nemo
[13:47] {nemo} yeah, they don't have to, so no write offs to reserve ratios
[13:49] {strider} OK.........obviously I don't understand such stuff.
[13:49] {nemo} Vad'll explain it to you
[13:50] {strider} you mean trades AND knows stuff?
[13:50] {strider} he
[13:50] {nemo} amazing fellow that Vad
[13:50] {dino} he's the wizzard of oz
[13:51] {Threei} I know no stuff
[13:51] {nemo} surely you jest
[13:52] {dino} gpn last try .50 sm l
[13:53] {strider} I think I'll start taking dino's trades that he calls "last try".
[13:54] {nemo} perfect volume formation
[13:56] {nemo} tck at support
[14:00] {fernp} FAZ, Vad?
[14:03] {Threei} looks tempting
[14:03] {dino} ftnt
[14:05] {dino} news ftnt?
[14:06] {Threei} nothing since Jan 6
[14:06] {dino} which wasn't much
[14:10] {Threei} Fed's Lacker; Must be careful on timing of withdrawal of monetary stimulus
[14:10] {Threei} Market Internals update at 2:00pmET
[14:10] {Threei} - NYSE volume 585M shares, about 8% below its three-month average; decliners lead advancers by 1.1:1.
[14:10] {Threei} - NASDAQ volume 1.43B shares, about 10% above its three-month average; advancers lead decliners lead advancers by 1.3:1.
[14:10] {Threei} - VIX index -4.5% to just over 18.00
[14:12] {Les} Vad, GS .10 b/d with .25 stop?
[14:12] {Threei} small shares
[14:12] {Threei} volatile one
[14:13] {ilana} HGSI b/d?
[14:14] {Threei} no idea... no read on tis one at all
[14:23] {strider} ebitda.......sounds like Elmer Fudd talking.
[14:23] {dino} cnw sm l .00
[14:25] {dino} wow selleres at .00 gpn
[14:25] {nemo} yeah
[14:25] {dino} buyers too, lol
[14:25] {dino} thing is scrolling
[14:26] {nemo} which ones are the saps?
[14:27] {dino} not i, i hope
[14:27] {strider} you long, dino?
[14:29] {dino} yes from .50 posted above
[14:29] {strider} good deal.
[14:29] {dino} can't get thru .00
[14:29] {strider} gonna have to buy more.
[14:30] {dino} stop to .97
[14:30] {nemo} lotta buying of bid, but supply keeps coming
[14:30] {Les} out GS -.03. botched the entry. don't like it jumping around like a jelly bean
[14:30] {strider} there ya go.
[14:31] {dino} :)
[14:32] {dino} to .06
[14:32] {nemo} why not .00?
[14:33] {dino} a .10 same thing
[14:33] {dino} stopped +.56
[14:34] {dino} ftnt fell w/o me, wanted re-test
[14:34] {strider} gj
[14:35] {dino} ty
[14:35] {fernp} i like your stops, dino gj
[14:40] {dino} thx
[14:42] {strider} where is the close today, higher or lower?
[14:44] {dino} here
[14:44] {dino} vad, how'd we miss cal short?
[14:44] {strider} vad's already in the Bahamas.
[14:45] {Threei} I wish
[14:45] {strider} in thought.
[14:45] {dino} clw
[14:46] {dino} thin
[14:46] {strider} no news here
[14:46] {Threei} it looks bottoming to me dino
[14:46] {Threei} CAL
[14:49] {dino} maybe, not really moving tho
[14:49] {dino} fcn capit phase maybe
[14:49] {strider} move VE stop to .35, entry .37
[14:50] {Threei} with market still locked, no clear play, but may forma range, say 20-20.07
[14:50] {dino} agree, w/size and lod stop
[14:52] {strider} Schwarzennegger will ask Washington for %.9B in aid.
[14:52] {strider} 6.9
[14:52] {dino} plce triggered
[14:53] {fernp} Have a nice weekend everybody. See you all on Monday.
[14:53] {dino} theres .07
[14:53] {Threei} take care fern
[14:53] {strider} adios, fern.
[14:53] {Les} bye fern
[14:53] {dino} u2 fern
[14:53] {nemo} vaya con...
[14:54] {strider} Vad, curious thing on VE. Lots of buying above BO. Very slow stock, so don't understand why.
[14:54] {Threei} let me observe
[14:56] {nemo} what time the rally start Dino?
[14:58] {Threei} Key West temperatures break 131 years old record low
[14:59] {strider} I think maybe somebody was buying at market.
[15:00] {dino} 3:05-3:20, but i think we close about here
[15:00] {Threei} Fed's Lacker: Favors asset sales in exit policy; but it is possible that the interest rate on excess reserves could act as new policy target - comments to reporters
[15:00] {Threei} - Notes Fed is still discussing which tools and what sequence would be best for exit strategy.
[15:00] {Threei} - Low and stable inflation is the best environment to foster growth.
[15:00] {Raven} lots of broked pipes in Key West I bet
[15:00] {dino} global warning, lol. we'
[15:01] {Raven} broked?
[15:01] {Raven} jeeze
[15:01] {nemo} thangy
[15:01] {Threei} contagious, aren't we
[15:01] {strider} I didn't want to say anything.
[15:01] {nemo} o.k. cracking a bottle of something
[15:01] {patience} get that bird a martini
[15:01] {strider} figgured it was a Michigan thing.
[15:01] {nemo} cognac
[15:01] {nemo} works for me
[15:01] {Raven} yes ... patience !!!
[15:02] {nemo} I got a shotgun? :)
[15:02] {dino} had one last night watching tv
[15:02] {Raven} I have several shotguns
[15:02] {strider} Do Ravens eat crow?
[15:02] {nemo} skip it...go with the heavy barrel model 70 in '06
[15:02] {Raven} occasionally
[15:03] {dino} i was talking maryini
[15:03] {Threei} who would want a heavy barrel model
[15:03] {dino} ]martini
[15:03] {nemo} long distance work
[15:03] {Raven} a goose hunter'
[15:03] {dino} but yeah, couple shotguns too
[15:03] {nemo} started snowing like hell here
[15:04] {nemo} 10 gauge?
[15:04] {dino} we had 3" of snow last night nemo, sending it to yoiu
[15:04] {patience} my waterfront back garden is forming again
[15:04] {nemo} 31/2"
[15:04] {Threei} US) Nov Consumer Credit (y/y): -$17.5B v -$5Be (10th straight decline)
[15:04] {Threei} - prior revised from -3.5B to -4.2B
[15:04] {strider} There, vad. Offer was at .38, sale at .389
[15:04] {Threei} yup, see it
[15:04] {Threei} just lkate prints I think
[15:04] {Threei} late
[15:04] {strider} Oh.
[15:05] {Threei} 9/10 of a cent
[15:05] {Threei} who cares
[15:05] {strider} {-------consulting Nostradamus for esoteric meaning.
[15:05] {nemo} of what?
[15:05] {strider} pay attention.
[15:06] {strider} out of market sales.
[15:06] {nemo} palm up big
[15:06] {nemo} didn't get the nostradamus relationship
[15:07] {strider} wasn't any.
[15:07] {Les} anyone have a name for MS' chart formation?
[15:07] {strider} pointy thing.
[15:07] {Les} teepee? Mountain?
[15:07] {Threei} yup... cobra's hood
[15:07] {Raven} pointy thang?
[15:07] {nemo} that
[15:07] {nemo} that's impressive
[15:08] {Threei} pointy thong?
[15:08] {Raven} hmmmm
[15:08] {nemo} must be friday...we're losing it
[15:08] {nemo} lets see if amzn makes a liar out of me and doesn't make it to 133...today
[15:13] {dino} there's your rally nemo
[15:13] {Threei} guess who is on TV
[15:13] {nemo} Nancy Kerrigan
[15:14] {strider} Conway Twitty?
[15:14] {nemo} Shania Twain
[15:14] {strider} and the Twitty Birds?
[15:14] {Les} Og Mandino?
[15:14] {Les} haha you know its friday
[15:14] {nemo} I'll have to look that one up
[15:15] {Threei} hah
[15:15] {Threei} create jobs that "can't be outsourced"
[15:15] {nemo} GFL
[15:15] {dino} lol
[15:16] {strider} short GFL, .00
[15:16] {Les} FAS is range bound. Might be topping out here. or b/o
[15:16] {strider} Vad, any news on Palm?
[15:17] {Threei} nothing fresh
[15:18] {Threei} US President Obama: Jobs report today highlights that the Road to recovery is 'never straight'; confirms Clean Energy initiative
[15:18] {Threei} - highlights DOE plan announced earlier for $2.3B in job credits designed to create 17K jobs
[15:18] {Threei} - Reminder: Recovery Act investments of up to $2.3B for advanced energy manufacturing facilities will generate more than 17,000 jobs. This investment will be matched by as much as $5.4B in private sector funding likely supporting up to 41,000 additional jobs.
[15:18] {strider} thks
[15:20] {dino} a whole 17k jobs, joke
[15:20] {Threei} at the price tag about 13-14K per job
[15:21] {dino} guys' an idiot
[15:21] {Threei} so, let's see... US lost this year how many jobs?
[15:21] {Threei} about 15 mil?
[15:21] {Threei} multiply that
Session Close: Fri Jan 08 15:22:06 2010

Session Start: Fri Jan 08 15:22:06 2010
Session Ident: #discussions
02[15:22] * Disconnected
02[15:27] * Attempting to rejoin channel #discussions
03[15:27] * Rejoined channel #discussions
[15:27] {Threei} lost connection
[15:30] {strider} Better than lost in translation.
[15:31] {nemo} Scarlett Johanssen
[15:31] {strider} Though that was a very good movie.
[15:31] {strider} YES.
[15:31] {strider} And one of my favorites......A Love Song for Bobby Long.
[15:31] {strider} Johanssen.
[15:31] {nemo} oh yeah, that was good
[15:32] {dino} hottie
[15:32] {dino} jst c'mon
[15:32] {nemo} understatement
[15:32] {nemo} jeezus, amazon's gonna make a liar out of me by .03
[15:33] {strider} Maybe not. AMZN tries to have a price that's right for everyone.
[15:34] {dino} out jst .61, +.61
[15:34] {strider} you're rockin today dino.
[15:35] {dino} just lucky
[15:35] {dino} lots of big moves, my kind of trading
[15:36] {ilana} lol, lucky... love when you say that every single winning trade
[15:36] {dino} you know what i think larisa
[15:36] {ilana} almost larisa
[15:36] {dino} profits = luck, losses = skill
[15:36] {dino} oops sorry ilana
[15:37] {dino} eyes tired
[15:37] {strider} there was a print of .38 with .35 as offer.
[15:37] {strider} VE
[15:38] {strider} Must be late.
[15:38] {nemo} there it is
[15:38] {dino} long week
[15:38] {strider} Is that common?
[15:38] {dino} c'mon plce
[15:38] {Threei} Market Internals update at 3:30pmET
[15:38] {Threei} - NYSE volume 735M shares, about 12% below its three-month average; decliners lead advancers by 1.1:1.
[15:38] {Threei} - NASDAQ volume 1.8B shares, about 7% above its three-month average; advancers lead decliners lead advancers by 1.3:1.
[15:38] {Threei} - VIX index -3.75% to just under 18.50
[15:39] {Les} woha pimp my market
[15:40] {strider} There's your AMZN price, nemo
[15:41] {strider} something for everyone.
[15:41] {nemo} [15:38] {nemo} there it is
[15:41] {strider} oh, well.
[15:42] {dino} plce to .25
[15:42] {dino} now somebody give cnw a boost
[15:42] {Threei} Short Setup: CYCC 2.98 break
[15:43] {dino} nemo, i was wrong on rally
[15:44] {nemo} we both knew it was coming
[15:44] {dino} did not expect this much
[15:45] {nemo} I did...what is the most frustrating thing at the end of a long week of grinding up
[15:45] {nemo} rally
[15:45] {dino} hmmm, i was thinking empty bottle
[15:45] {nemo} that's easy to remedy
[15:45] {dino} to .30
[15:46] {dino} out plce .30, +.30
[15:46] {strider} luv dem roun numbas
[15:47] {Threei} {roun numba} we luv you too stridee
[15:47] {dino} i don't think cnw has it in it
[15:48] {strider} thankee, vad.
[15:49] {dino} lol had open buy order on clw still in, just saw it (54.75)
[15:50] {dino} 181 eagle classic rock, really good today
[15:51] {dino} cnw to .07
[15:53] {ilana} cycc - classic salmon, nice one, vad
[15:53] {dino} out +.07
[15:53] {dino} lunch $
[15:53] {Threei} too close to eod ilana
[15:54] {ilana} yup, no time for development
[15:54] {patience} another flat day....
[15:55] {dino} up 5 in row, but running light still
[15:55] {dino} deck
[15:55] {ilana} "light"?
[15:55] {nemo} not making his numbers
[15:55] {ilana} ooooh
[15:55] {dino} yeah, about 65% of min.
[15:56] {dino} gave too much back m, w, th
[15:57] {patience} geither/aig story has legs...let's see spin on this over the weekend....something to cheer me up :)
[15:57] {Threei} I will drink happily when he is kicked out
[15:57] {dino} maybe spitzers gal is involved
[15:58] {dino} nemo you had fdx dialed. never hit my 82.40
[15:59] {patience} honestly, alternative energy announcement today made me laugh out loud, talk about Rome burning
[15:59] {Les} guess Americans didn't want to be left behind European initiative to create trans continental grid
[16:00] {dino} he doesn't get reality patience. he'd rather thos than get people working. this stuff costs jobs
[16:00] {Les} ty vad. bon weekend a tous
[16:01] {dino} very simple solution, cut regulations, stop thios heath care bill, lower taxes (or as john galt would say, "get out of the way")
[16:01] {patience} et vous Les
[16:01] {Threei} thank you all
[16:01] {Threei} have a good weekend
[16:01] {magoo} u 2 vad
[16:01] {nemo} P&Q
[16:01] {strider} thanks, vad. see you monday
[16:02] {Threei} "get out of the way" is exactly it dino
[16:02] {Threei} and exactly what they'll never do
[16:03] {dino} seriously, all of these new regulations, unbelievable. i have buddies that employ 20-30 each and they are not hiring because of these new costs (heath, cap & trade, higher taxes, etc)
[16:05] {Threei} only crazy would risk expanding in this climate
[16:05] {dino} exactly
[16:05] {dino} anyway, gotta hop, take care all

Thursday, January 7, 2010

Jan 07 2010

Market behaved better today and there were easier plays around. Not very active at the moment but that's normal for the transition period. CYCC was major entertainment of the day.

Session Time: Thu Jan 07 00:00:00 2010

[08:17] {Threei} (US) Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET
[08:17] {Threei} - Expectations for initial claims are 439K v prior release of 432K (range seen from 400K to 455K)
[08:17] {Threei} - Continuing claims seen at 4.975M v prior 4.981M (range seen from 4.900M to 5.150M)
[08:21] {Threei} 07:01 VVUS Phase II study of Qnexa shows statistically significant improvements in obstructive sleep apnea
[08:21] {Threei}
[08:22] {Threei} Qnexa-treated patients also experienced significant weight loss, improvements in blood pressure, and overnight blood oxygen levels
[08:30] {Threei} *(US) INITIAL JOBLESS CLAIMS: 434K V 439KE
[08:30] {Threei} CONTINUING CLAIMS: 4.80M V 4.975ME
[08:30] {Threei} - Prior Initial Claims revised from 432K to 433K
[08:33] {nemo} tjx
[08:38] {nemo} gme
[08:46] {fernp} Good morning everybody
[08:47] {nemo} hola fern
[08:47] {fernp} hi nemo
[08:47] {strider} morning guys.
[08:48] {nemo} what's the spanish word for king?
[08:48] {fernp} rey = king
[08:48] {nemo} ty
[08:48] {Threei} fern, strider :)
[08:52] {nemo} well, that news wasn't so supportive of vvus
[08:53] {nemo} shld
[08:53] {nemo} up $13
[08:54] {Threei} SHLD Reports Dec SSS +0.4%; Guides Q4 EPS $3.36-4.06 v $2.70e
[08:54] {Threei} - Guides FY10 EPS $1.61-2.29 v $1.40e
[08:54] {nemo} same store sales are down
[08:55] {nemo} retailers definitely cranking
[08:55] {nemo} except for gme
[08:57] {nemo} amzn hanging at that critical 132 level
[08:59] {strider} what's critical about it?
[08:59] {nemo} it's a major support area
[08:59] {Threei} it just likes to criticize everyone passing by
[09:00] {nemo} you get minor violations, but they've always bounced back above
[09:00] {strider} k
[09:00] {strider} now showing inverse h&s on 5 min.
[09:01] {nemo} look on a 30 minute chart going back to 11/12
[09:01] {strider} not counting premarket this morning.
[09:02] {nemo} that's o.k. too
[09:03] {nemo} minor violations aren't what I'm looking at
[09:09] {nemo} shld looking short here
[09:10] {dino} gm all
[09:10] {nemo} dino retail stocks all ripped or chopped...gme might be your type
[09:11] {Threei} dino :)
[09:12] {ese} morning
[09:13] {dino} one my screen, tjx, bbby, cost, too
[09:13] {dino} gme around 18 thinking
[09:13] {dino} tjx pretty good report, may do a bbby
[09:14] {Threei} ese :)
[09:16] {ese} morning vad
[09:18] {Threei} morning frost in Florida
[09:18] {Threei} don't you love global warming
[09:18] {nemo} gld break of 111?
[09:19] {nemo} climate change Vad
[09:19] {nemo} what's on your screens vad?
[09:19] {Threei} nothing really exciting so far
[09:20] {ese} short orange juice futures
[09:20] {Threei} (CH) World Bank: Revaluation of the Yuan will be slow and will ultimately depend on China's domestic economy
[09:21] {lasertrev} gm
[09:21] {Threei} TASR, keep half eye
[09:21] {nemo} hi lari:) trev:)
[09:21] {Threei} trev :)
[09:21] {larisa} gm :)
[09:21] {Threei} larisa :)
[09:21] {larisa} vad, nemo :)
[09:28] {fernp} GME big gap down
[09:31] {Threei} DNDN Roth Capital Initiates DNDN with Buy, price target: $50
[09:33] {Threei} DRYS Nordea raised to Buy from Sell (6.39, +0.03, 0.47%)
[09:33] {Threei} DNDN momo
[09:34] {ese} dndn .60 break vad?
[09:35] {Threei} ese, your DRYS getting attention... .50 break is probably the launch of the next stage of serious moive
[09:35] {Threei} no real teechnicals on this kind of stocks, DNDN..
[09:35] {Threei} and they are much better buys on pullbacks than on breakouts
[09:36] {nemo} drys offer pile up at .45
[09:37] {nemo} see amzn strider
[09:38] {nemo} should bounce here for a second
[09:38] {strider} THOR
[09:38] {Threei} SOMX Ticks higher as media interview with CEO circulates in which he comments that the company is still working with FDA toward approval of its Silenor treatment for insomnia
[09:39] {strider} dndn
[09:40] {nemo} amzn probably going to 129.80 or so
[09:41] {fernp} DRYS .51, Vad?
[09:41] {Threei} I think so but it's not a fast one
[09:41] {Threei} rather a swing trade type
[09:41] {fernp} stop .40 is correct?
[09:42] {ese} spil
[09:42] {ese} .55 break?
[09:43] {Threei} probably fern... this is somewhsat different type of play
[09:43] {Threei} SPIL is a torturer ese
[09:44] {Threei} CELL Announces agreement with HTC for logistics services
[09:44] {Threei} - ubsidiary, Brightpoint North America L.P. ("Brightpoint"), has entered into an agreement with HTC ... (6.75, +0.11, 1.66%) more... (related 2498.TT )
[09:44] {nemo} amzn bounced at 129.90
[09:45] {Threei} ICXT Hearing more speculation that the company could get new orders from the TSA (8.30, +0.59, 7.65%)
[09:47] {ese} i see what you mean with spil.......sheesh
[09:48] {Threei} STLD Hearing renewed takeover chatter circulating
[09:48] {Threei} - Nucor rumored as a potential acquirer (19.39, -0.11, -0.56%) (related NUE )
[09:48] {dino} scanners red
[09:49] {dino} gme double bottom or drop?
[09:49] {nemo} yes
[09:49] {Threei} drop is more likely IMO
[09:49] {dino} lol, waiting at 18.50s
[09:50] {nemo} looks weak
[09:50] {dino} meli drop
[09:50] {ese} what was the news on gme dino
[09:50] {dino} missed and lowered
[09:50] {larisa} slashed outlook
[09:50] {Threei} outlook sued
[09:50] {ese} short at .50?
[09:51] {Threei} ZIXI... now, that's something I didn't expect to me anywhere
[09:51] {dino} watching vmi again -3.50 yesterday
[09:51] {nemo} $ up big
[09:52] {dino} cal, uaua up
[09:53] {strider} cost
[09:53] {fernp} no go DRYS for me
[09:53] {dino} trades like wmt
[09:53] {dino} sks good and down
[09:54] {ese} l dndn .31
[09:54] {ese} lousy fill
[09:54] {dino} dji wants -100+ gut sats
[09:55] {dino} plce gives back
[09:56] {strider} APWR
[09:56] {ese} loosing my touch...should have been out at .40
[09:57] {Threei} entry was seriously high ese
[09:58] {dino} hit a guy when he's down vad
[09:58] {fernp} BIG .70 break, Vad? holding on highs
[09:59] {ese} ya went for .22/.21 and it gave me .31 tick me off
[09:59] {nemo} market order?
[09:59] {Threei} I doubt it fern
[09:59] {dino} forgot one, meli just filled sm l .30
[10:00] {Threei} ese... no way for market orders on such volatile stock
[10:00] {Threei} recipe for disaster
[10:00] {ese} out dndn ..10 -.21
[10:02] {fernp} ANN short .84?
[10:02] {Threei} looks right
[10:02] {ese} dino what are you thinkin with gme?
[10:02] {dino} 19.60 ,aybe long
[10:03] {dino} wanted 18.50s
[10:03] {ese} nice
[10:04] {dino} not in
[10:04] {strider} short .ANN .74 partial fill
[10:05] {nemo} pivot support at .81 on ann
[10:05] {strider} thx
[10:05] {nemo} id yo mean partial fill at .84?
[10:06] {nemo} did you
[10:06] {strider} yes, 74 sh.
[10:06] {Les} you got a lousy fill st
[10:06] {strider} at .84
[10:06] {Les} I'm short .83
[10:06] {strider} typed it wrong. I"m at .84
[10:06] {Les} I know
[10:08] {nemo} you're learning the wrong things from Vad
[10:08] {strider} whtsopkyoiumean bye tat?
[10:08] {Les} lol
[10:10] {strider} stop ANN .94
[10:10] {strider} break
[10:12] {strider} stopped
[10:12] {fernp} ANN no go
[10:13] {Les} nup
[10:14] {dino} fdx wkly lows
[10:14] {Threei} ZIXI is irritating
[10:15] {fernp} HIG still on highs
[10:16] {dino} abfs sm l .54
[10:17] {Threei} EU) EU President Von Rompuy: EU long term funding outlook not bright
[10:17] {Threei} - Lower growth potential will be a result of the recent crisis
[10:17] {dino} too soon
[10:17] {Les} gld range bound. looking for b/d
[10:19] {Les} aggressive entry for .65 b/d vad? GLD
[10:20] {dino} lnce holds well
[10:20] {dino} beat up yesterday
[10:20] {Threei} this is one short that worked for me like one out of 5
[10:20] {Threei} chart wise - yes; record wise for this stock - no
[10:20] {Les} ok. don't want risk
[10:20] {Threei} make your pick
[10:20] {dino} vad, cal
[10:21] {Threei} can't bring myself toi go long on that dino, lol
[10:21] {Threei} and don't see any reason to short
[10:21] {dino} taunting me to short it
[10:22] {dino} had to hang up on it
[10:23] {nemo} Hey Raven...whaddya' use to defrost your wings before takeoff
[10:23] {dino} hot sauce
[10:23] {Threei} martini
[10:23] {Threei} look at UAUA
[10:24] {dino} right next to cal
[10:27] {Threei} CBAK Ticking higher on chatter could receive large contract (3.02, +0.14, 4.86%)
[10:27] {strider} long COST .64
[10:28] {dino} odfl sm l .00
[10:28] {dino} damn triggers not following thru
[10:31] {Threei} Market Internals update at 10:30amET
[10:31] {Threei} - NYSE volume 250M shares, about even to its three-month average; decliners lead advancers by 2 1:1.
[10:31] {Threei} - NASDAQ volume 500M shares, about 2% above its three-month average; decliners lead advancers by 1.6:1.
[10:31] {Threei} - VIX index +2% to just over 19.50
[10:31] {nemo} stomach turning volatility
[10:33] {Threei} DNDN will never stop
[10:33] {Threei} where is magoo
[10:33] {Threei} this is his stock
[10:33] {dino} hunting
[10:34] {fernp} HIG if breaks .50 , Vad?
[10:34] {ilana} AONE
[10:34] {Threei} chart wise or record wise? :)
[10:34] {fernp} record wise no, pls :-)
[10:35] {Threei} chart is right... sucvcess rate on it with this kind of setups is poor
[10:36] {fernp} i'll pass
[10:38] {dino} tin
[10:39] {ese} spil........when your right vad your definitely right
[10:40] {Threei} hey, it's up 4 cents
[10:42] {strider} news on TIN? none here.
[10:42] {Threei} TIN Hearing Buckingham downgrades rating to Neutral from Buy (timing uncertain) (21.23, -1.42, -6.27%)
[10:42] {Threei} VIVUS, Inc Ticking higher after pre market data is addressed on CNBC
[10:42] {Threei} - CNBC's Huckman also mentions DNDN on no news, speculates new information may upcoming with conference next week
[10:44] {Threei} fern... I have a brilliant trading idea
[10:44] {fernp} tell me
[10:44] {Threei} come on, you can guess easily
[10:44] {Threei} hint: price is 14.50
[10:45] {fernp} to buy AGAM
[10:45] {Threei} there
[10:45] {Threei} can you believe after all thiese months it's stalled at that sdame 14.50 again
[10:45] {fernp} i cant look at it
[10:46] {dino} feel the noise
[10:46] {dino} giddy-up
[10:46] {dino} mstr
[10:46] {Les} what happened with AGAM fern?
[10:48] {fernp} HIG hit my 1:1
[10:48] {strider} DJ, SPY green
[10:48] {fernp} without me
[10:48] {Threei} that's because you didn't enter
[10:48] {nemo} nothing can keep this market down
[10:49] {nemo} interesting though, look at BBBY even in the spike
[10:49] {fernp} i should take some days off
[10:49] {fernp} yes Vad, lol
[10:49] {ese} l vvus .01
[10:49] {Les} pivot points are an interesting addition Nemo. Watching AMZN bouncing like a pinball between MA's and pivot points
[10:49] {dino} out vmi .38, +.58
[10:50] {dino} out meli .30, +1.00
[10:50] {larisa} gj
[10:51] {strider} hot dang, dino!
[10:51] {dino} lucy
[10:51] {dino} lucky
[10:51] {strider} rather be lucky than smart.
[10:52] {Threei} see what I meant about DRYS being different stock?
[10:52] {ese} out vvus .08
[10:52] {ese} 6k of it
[10:52] {dino} me too
[10:52] {Threei} it's not a trader's stock really
[10:53] {ese} great minds dino
[10:53] {dino} lol
[10:53] {Threei} VVUS is trying to gain traction
[10:53] {Threei} after lucklustre start
[10:54] {fernp} no
[10:54] {fernp} sorry, wrong window
[10:55] {ese} pullback or .20 break vad VVUS?
[10:55] {Threei} DRYS Block of 1.05M shares trades at $6.58 (6.54, +0.18, 2.83%)
[10:56] {Threei} feels like a momo candidate ese
[10:56] {Threei} can do 10.50 easily
[10:56] {ese} L .20 vvus
[10:56] {Threei} and with any luck, 11 is not out of question
[10:57] {ese} out vvus .24
[11:00] {Threei} Long Setup: VVUS .10 break if stays above 10
[11:01] {ese} l vvus .11
[11:01] {strider} me too
[11:01] {nemo} yep
[11:02] {Threei} for hardcore scalpers stop is .05
[11:02] {Threei} and those got 1:1
[11:02] {Threei} 1:1 for the rest
[11:02] {Les} ty. out +.09
[11:02] {nemo} 1/2 out
[11:02] {Threei} me too
[11:02] {ese} out vvus .20 +.09
[11:02] {Threei} and stop to .05
[11:02] {dino} gj
[11:03] {nemo} out or 1/2 out vad?
[11:03] {Threei} 1/2
[11:03] {Threei} and stop to .05
[11:03] {nemo} amzn testing lowss
[11:03] {Threei} ENER...
[11:04] {fernp} .ty Vad
[11:04] {Threei} welcome
[11:04] {nemo} stop
[11:04] {Threei} Intel Corp To mass produce 32nm i7 processors
[11:04] {Threei} - Intel Corporation introduced its all new 2010 Intel Core family of processors today, delivering unprecedented integration and smart performance, including Intel Turbo Boost Technology1 for laptops, desktops and embedded devices.
[11:04] {nemo} fern wins
[11:05] {Threei} he does have this nasty habit, doesn't he
[11:05] {ese} great pullback call on vvus....tks
[11:05] {Threei} this is the only safe way to play these momo movers
[11:05] {Threei} they are much more likely to fail on breakouts
[11:06] {strider} stop -.05 COST
[11:06] {Threei} BAC Remain modeslty overweight financials, but not pounding table - Credit Suisse 2010 Financials outlook call (16.83, +0.44, 2.68%)
[11:06] {nemo} amzn bounced right at pivot support
[11:06] {Threei} new way to call them
[11:06] {Threei} pounding table or no pounding table
[11:07] {nemo} any volume readings vad?
[11:07] {Threei} Market Internals update at 10:30amET
[11:07] {Threei} - NYSE volume 250M shares, about even to its three-month average; decliners lead advancers by 2 1:1.
[11:07] {Threei} - NASDAQ volume 500M shares, about 2% above its three-month average; decliners lead advancers by 1.6:1.
[11:07] {Threei} - VIX index +2% to just over 19.50
[11:08] {dino} abfs to .82
[11:08] {dino} odfl to flat
[11:09] {magoo} ksf;jlrj;j;kta;ka
[11:10] {strider} no kidding?
[11:10] {nemo} crissakes, just had a visual of magoo in a grass skirt, bone through his nose, spear in hand...oy vay
[11:10] {Threei} mg,dltu* gjsnour:kg,if
[11:10] {magoo} really?
[11:10] {Threei} I am sure
[11:11] {magoo} wayched a 1932 movie about rasputin last night, was looking for u vad as an xtra in the crowd
[11:11] {nemo} owww
[11:11] {Threei} extra???
[11:12] {Threei} who do you think he was?
[11:12] {magoo} u know...movies hire xtra people to make the scene of a crowd
[11:12] {Threei} no, never mind... I swore never to tell my real age
[11:13] {nemo} bbby 43.00 break huge offer
[11:13] {Threei} and made both Zaratustra and Nostradamus peromise not to tell eithwer
[11:14] {Threei} ENER starts looking serious
[11:14] {Threei} thought of .35 break when mentioned it first time
[11:15] {Threei} too bad didn't have enougbh confidence in it
[11:15] {magoo} LVS launch on volume here
[11:15] {dino} out odfl flat
[11:15] {Threei} ICXT Price Target raised to $10 from $8 at Dougherty (timing uncertain) (8.13, +0.42, 5.45%)
[11:15] {dino} out abfs .86, +.32
[11:18] {strider} TASR near high
[11:18] {Threei} good spot LVS mags
[11:19] {magoo} ya ya ..thats what i do
[11:19] {Threei} (US) EPA proposes new smog restrictions, sees cost of implementation at $19-90B
[11:19] {Threei} - Standard would dictate 0.060/0.070 ppm over eight hours, for the strictest limitations seen to date
[11:19] {Threei} what's 19-90 B more between friends
[11:21] {ese} l tlab .11
[11:21] {nemo} bbby offers at 43 keep building
[11:21] {strider} big AMZN seller at .35
[11:21] {Threei} Long Setup: ENER .50 break
[11:23] {fernp} 45 stop?
[11:23] {Threei} or .40
[11:25] {ese} invallidated?
[11:26] {nemo} for scalpers
[11:26] {Threei} as extreme scalp yes
[11:26] {nemo} o.k. fern
[11:26] {Threei} wioth .40 as support, not yet
[11:27] {ese} ener call still good?
[11:28] {magoo} LVS might get going vad, watch it
[11:28] {nemo} interesting action bbby last few minutes, somebody slamming stops
[11:28] {Threei} yes ese
[11:30] {Threei} TASR
[11:31] {ese} you realize of course they have pink tasers for women.....to improve market share
[11:32] {nemo} pink pepper spray and mace too
[11:32] {Threei} didn't know that
[11:32] {ese} nothing like being pinked
[11:32] {Threei} but hey
[11:32] {Threei} whatever works
[11:32] {dino} plce interesting
[11:32] {ese} yup....if it makes me some money....i'm all for it
[11:36] {ese} ese's brother here in victoria watching live............ impress me
[11:36] {ese} soorry he's out of control
[11:36] {ese} he typed that in before i could wrestle him to the ground
[11:36] {Threei} TASR... if chews through this 6 - 6.05 level
[11:36] {nemo} amzn testing lows
[11:36] {Threei} has a chance for momo
[11:36] {Threei} very shaky stock
[11:37] {Threei} a lot of hard feelings about it
[11:37] {Threei} a lot of overhead hapopy to dump into any spike
[11:37] {ese} ?
[11:37] {strider} some people find it electrifying.
[11:37] {Threei} it disappointed many ese
[11:37] {nemo} rim shot please
[11:37] {fernp} ENER still valid, Vad? too slow, no?
[11:38] {ese} ba dap bap
[11:38] {Threei} went from everyone's darling to total piece of crap
[11:38] {strider} AMZN new low
[11:38] {Threei} it can be frighteningly fast when it gets going fern
[11:38] {Threei} by its nature it's not a slkow stock at all
[11:39] {strider} silkow?
[11:39] {strider} slow.
[11:39] {strider} ah
[11:39] {Threei} there
[11:40] {Threei} studying Threeish pays off
[11:40] {Threei} ENER is invalidated for now
[11:41] {ese} vad dcc please
[11:42] {strider} long AMZN .81
[11:43] {strider} meant .84
[11:46] {nemo} amzn should bounce around .35
[11:47] {Threei} Long Setup: DNDN .30 break
[11:49] {nemo} in
[11:49] {strider} in .31
[11:49] {ese} in
[11:49] {fernp} stop?
[11:49] {nemo} stop .20
[11:49] {Threei} under .20
[11:55] {Threei} did I really just hear this on TV
[11:56] {Threei} a woman claims she had a gut feeling about upcoming market crash, now companies pay big bucks for her consulting services
[11:57] {Threei} let's tighten DNDN to under .25, I am no fun of these long pauses
[11:58] {nemo} lunch time
[11:59] {Threei} Britain Copes with Most Brutal Winter in Decades
[11:59] {strider} stopped AMZN -.22
[11:59] {nemo} where's Al Gore
[12:01] {Threei} Market Internals update at 12:00pmET
[12:01] {Threei} - NYSE volume 465M shares, about 4% above its three-month average; decliners lead advancers by 1 2:1.
[12:01] {Threei} - NASDAQ volume 970M shares, about 7% above its three-month average; decliners lead advancers by 1.1:1.
[12:01] {Threei} - VIX index -0.75% to just over 19.00
[12:03] {fernp} can you use your boots, Vad?
[12:04] {nemo} no
[12:04] {nemo} lunch time
[12:04] {nemo} nobody there to kick
[12:04] {fernp} lol
[12:04] {Threei} I can kick lunch tables, no?
[12:04] {nemo} fruitless pursuit
[12:04] {Threei} overturning them while dishes are full with food creates interesting visual effect
[12:05] {Threei} sound's nice too
[12:05] {nemo} I remember college right after animal house came out
[12:06] {Threei} I don't remember college
[12:06] {nemo} Me neither
[12:06] {nemo} crissakes, I don't remember my name until coffee in morning
[12:07] {Threei} oh, that's where the dent in the fortehead comes from...
[12:07] {nemo} no, that was a really bad car accident
[12:07] {larisa} at least you remember how to make coffee
[12:07] {dino} tin lod
[12:07] {dino} plce getting close
[12:07] {Threei} it's easy larisa
[12:08] {Threei} my method at least
[12:08] {nemo} I'm about to reach a boredom stop with DNDN
[12:08] {Threei} remind the wife in the wevening to load and program cioffeemaker
[12:08] {Threei} works like charm
[12:08] {larisa} will not work for nemo
[12:08] {nemo} yeah, no wife
[12:09] {strider} dino, what's your plan for plce?
[12:09] {nemo} .28 is pivot support dino
[12:09] {dino} fun
[12:09] {strider} a wild and crazy guy.
[12:09] {dino} thx
[12:10] {dino} long strider, bid at .30
[12:11] {Threei} whatever the outcome of DNDN is, larisa must have liked the entry - it's one of her favorite setups
[12:11] {nemo} whoa plce
[12:11] {Threei} and if she objects it's either because I don't get women at all (no big surprise there) or because she just likes to object
[12:12] {nemo} guess .28 was support
[12:13] {dino} pwrd gap filled from mon close
[12:13] {Threei} anyone see any news for XING?
[12:13] {dino} still one open 12/31
[12:13] {Threei} nothing here
[12:14] {strider} not here.
[12:14] {dino} iai spike
[12:14] {dino} and drop
[12:14] {Threei} CYCC Journals publish data showing Seliciclib effective against lung cancer cells, including K-RAS Mutations (update)
[12:14] {Threei} - In an article published in Clinical Cancer Research, seliciclib was found to be effective in killi... (1.36, +0.30, 28.30%) more...
[12:15] {fernp} nothing here XING
[12:15] {Threei} killing lung cancer cells through a novel apoptotic mechanism or induction of cancer cell suicide. Nearly all lung cancer cell lines against which seliciclib was most effective had Ras-activating mutations.
[12:15] {nemo} small or large cell carcinoma?
[12:15] {nemo} btw .37 is VWAP on DNDN
[12:16] {Threei} hard to believe this ball of fire became so tame
[12:16] {nemo} lunch time
[12:16] {fernp} FAS breaking hod
[12:16] {strider} do you hve the same effect on women, vad?
[12:17] {Threei} I'd ask them strider... but they fall asleep as soon as I start talking
[12:17] {strider} I guess you do.
[12:17] {nemo} 1/2 out dndn
[12:18] {dino} tin sm l .25 stop .99
[12:18] {Threei} then I hear something like "keep talking please, I always yawn when I am interested"
[12:18] {nemo} at least they're not talking
[12:18] {Threei} DNDN 1:1
[12:19] {fernp} ty very much
[12:19] {strider} out 1/2 +.10
[12:19] {Threei} there... and you thought I was gfood for nothing
[12:19] {larisa} 11:47 long DNDN? my chart does not even show setup:) 12:13 I got a signal of potential long, but did not take it
[12:20] {Threei} see?
[12:20] {Threei} [12:11] {Alert} Threei and if she objects it's either because I don't get women at all (no big surprise there) or because she just likes to object
[12:24] {larisa} I just have to defend my favorite setup :) it is not what you think it is
[12:24] {Threei} of course not
[12:24] {larisa} lol
[12:24] {Threei} now... I knew a couple once,
[12:25] {Threei} for 35 years husband was giving the same gift to a wife on every borthday,
[12:25] {Threei} parfume that he gave her once during courting years
[12:25] {Threei} and she said she loved it.
[12:25] {Threei} Parfume went out of production,
[12:25] {Threei} He went to great lengths to keep finding it
[12:26] {Threei} She never told him she hated it, always,
[12:26] {Threei} she was simply polite that fuirst time,
[12:26] {Threei} and then he was so happy to do it for her
[12:26] {Threei} she kept accepting it and thanking him
[12:27] {Threei} GSK German health officials reportedly plan to reduce order for swine flu vaccine doses by half to 25M doses; officials say GSK is willing to accept the reduced order
[12:28] {Threei} why wouldn't it... a few month more and no one will order it for ages
[12:28] {larisa} She may be polite but not smart. With men you have to tell them directly what you want.
[12:29] {patience} vad, give me your money
[12:29] {Threei} yup... "sit down and shut up" - we understand the language
[12:29] {fernp} LVS, Vad?
[12:29] {patience} there, how is that Larisa?
[12:29] {Threei} no way to tell fern
[12:29] {larisa} you do girl :)
[12:29] {larisa} do=go
[12:30] {fernp} ok ty
[12:30] {patience} if he gives money to me, you get half
[12:30] {ilana} HGSI b/d?
[12:30] {Threei} now my only hope is Ilana saying "vad, keep your money!"
[12:31] {larisa} any bets we will end down -120 today?
[12:31] {Threei} chart is right on HGSI but it trades in a very basty way
[12:31] {Threei} nasty too
[12:31] {Les} and fcx b/d following this bounce? .40?
[12:32] {Les} nothing but air under fcx following below .40
[12:32] {Les} - following
[12:32] {Threei} well, there is minor support at .30 roughly
[12:33] {ese} i was out of dndn at .41 by the way......
[12:33] {Les} ah ok. see it
[12:33] {Threei} but overall, setup looks good, under one condition
[12:33] {ese} was on the phone orgot to post
[12:33] {Les} market direction?
[12:33] {strider} still in 1/2 DNDN
[12:33] {Threei} it consolidates for a while between .50 and .40
[12:33] {Les} ok
[12:33] {Les} ah its popped
[12:33] {Les} but will continue to watch it
[12:33] {Threei} market direction is needed, but FCX is weaker than market today,
[12:34] {Threei} so need just some hlp
[12:34] {dino} plce feels up
[12:34] {nemo} lvs
[12:35] {strider} long TIN .13, stop .05
[12:35] {dino} better than i strider
[12:35] {strider} you're running defense for me.
[12:36] {dino} lol
[12:36] {dino} my entries are typically off thats way smaller shares
[12:36] {dino} and again the .25 trigger did not work
[12:38] {nemo} H&S short break on amzn
[12:38] {strider} out TIN .02
[12:38] {nemo} ese style
[12:39] {dino} genz
[12:39] {dino} tin stopped -.26
[12:40] {dino} nice nice pops genz?
[12:42] {ilana} FITB holds the pullback
[12:43] {dino} sm s genz .60
[12:43] {dino} risky
[12:43] {nemo} very
[12:43] {strider} out balance DNDN +.20
[12:44] {larisa} gj strider
[12:44] {strider} t'anks, kid.
[12:44] {larisa} :)
[12:45] {nemo} how's the pucker factor dino?
[12:45] {dino} too soon stopped
[12:46] {Les} fcx consolidation
[12:46] {strider} .40 range
[12:47] {dino} ugh rinsed
[12:53] {strider} TASR
[12:54] {strider} GME, anyone?
[12:54] {Les} s fcx .35
[12:54] {Les} stop .50
[12:55] {strider} thanks for DNDN, vad, btw.
[12:56] {fernp} still in it, st?
[12:56] {strider} no. +.10, +.20
[12:56] {dino} plce? going for open gap?
[12:57] {strider} interested in GME.
[12:57] {fernp} gj st
[12:57] {Threei} sure thing strider
[12:58] {strider} AMZN trying for new low.
[12:58] {strider} thx fern.
[12:58] {dino} genz reload sm s .60
[13:00] {Threei} FCX works
[13:00] {Les} partial?
[13:00] {Les} let it ride?
[13:00] {Threei} partial at least
[13:05] {Les} 1/2 at .20
[13:05] {strider} COST, Vad?
[13:05] {dino} genz stopped +.04, hmmm
[13:05] {dino} plce sm l .05
[13:05] {Threei} too narrow strider, can't tell
[13:06] {strider} k
[13:08] {strider} good play, FCX , Les.
[13:09] {Les} covered all .05 tx st
[13:09] {Les} dinners burning. I'm in trouble now
[13:10] {dino} gj
[13:10] {strider} wtg, Les.
[13:10] {fernp} gj les
[13:10] {Threei} very clean setup
[13:10] {Threei} nicely consolidated, broke decisively
[13:10] {Threei} eye candy
[13:11] {strider} ENER on 5 min. p/b
[13:11] {strider} sitting on 21 MA
[13:12] {nemo} wow, where plce going
[13:12] {strider} long ENER .56, stop .48
[13:13] {dino} plce stopped wow
[13:15] {nemo} pivot is .32
[13:18] {patience} vad, any words of wisdom from you please on shorting a salmon...how do you spot when it is exhausted and ready to reverse?
[13:19] {nemo} after it lays its eggs
[13:19] {patience} i have been watching hudbay minerals (hbm) on tsx
[13:19] {patience} just keeps going up
[13:19] {patience} in spite of tsx down day
[13:19] {patience} keeps eating mini consolidations it attempts
[13:19] {Threei} in general, wehn it fails major salmon sign:
[13:19] {Threei} market bounces but astock doesn't break out again
[13:20] {Threei} then market retreats and stock breaks support
[13:20] {Threei} that's the sign of salmon not being salmon anymore and turning into follower
[13:20] {patience} ty, just broke down again, i'll watch to see ... tsx starting to recover somewhat
[13:22] {dino} odfl sm l .80
[13:22] {strider} damn ENER, jumped my stop.
[13:31] {dino} kss strange, beats and raises, drops
[13:31] {nemo} not strange change of reaction
[13:32] {dino} jst ouch
[13:35] {dino} kss sm l .50
[13:36] {dino} jst trig .00 imo
[13:38] {nemo} jst pivot support at .67
[13:39] {dino} wide
[13:40] {dino} genz last try sm s .24
[13:48] {Threei} CYCC continues move off news
[13:49] {strider} candidate for overnight, vad?
[13:50] {Threei} let's look at it closer to eod
[13:50] {strider} k
[13:50] {dino} genz stopped .41-.17 too tough
[13:50] {Threei} ese, your FITB is phenomenal
[13:55] {dino} wow genz
[13:56] {dino} ican preoxy battle rumors
[13:56] {Threei} Imax Corp Exec: 2010 is poised to be one of the best years we have ever seen for the business - Citi conf call
[13:56] {Threei} - Digital projection and distribution, and the elimination of very expensive film prints, have transformed the business.
[14:02] {Threei} Study on electric cars casts doubt on the chances for widespread adoption of electric cars by 2020 (related ABAT )
[14:03] {Threei} seriously?
[14:04] {Threei} - Although electric-car battery costs are expected to fall sharply over the coming decade, they are unlikely to drop enough to spark widespread adoption of fully electric vehicles without a major breakthrough in battery technology, according to a new study by The Boston Consulting Group (BCG).
[14:04] {Threei} - The study concludes that the long-term cost target used by many carmakers in planning their future fleets of electric cars$250 per kilowatt-hour (kWh)is unlikely to be achieved unless there is a major breakthrough in battery chemistry that substantially increases the energy a battery can store without significantly increasing the cost of either battery materials or the manufacturing process.
[14:04] {Threei} - Most electric cars in the new decade will use lithium-ion batteries, which are lighter and more powerful than the nickel-metal hydride (NiMH) batteries used today in hybrids like the Toyota Prius. Citing the current cost of similar lithium-ion batteries used in consumer electronics (about $250 to $400 per kWh), many original-equipment manufacturers (OEMs) hope that the cost of an automotive lithium-ion battery pack will fall from its current price of between $1,000 and $1,200 per kWh to between $250 and $500 per kWh at scaled production.
[14:04] {Threei} - BCG, however, points out that consumer batteries are simpler than car batteries and must meet significantly less demanding requirements, especially regarding safety and life span. So actual battery costs will likely be higher than what carmakers predict.
[14:04] {Threei} - Despite this cost challenge, the report projects steady growth for electric cars and batteries. Electric cars include mild and full hybrids (like the early Toyota Prius and 2010 Ford Fusion, respectively), which combine an internal combustion engine (ICE) power train with supplementary electric motors to run the car at idle and low speeds; plug-in hybrids and range-extended electric vehicles (such as the next-generation Prius and General Motors' Chevrolet Volt, respectively), which combine electric motors with a supplementary ICE to run the motors after the batteries have been depleted; and fully electric vehicles (like the Mitsubishi i MiEV and upcoming Nissan Leaf), which can only be recharged by plugging into the power grid.
[14:07] {Threei} sheesh CYCC
[14:07] {Threei} look at daily
[14:07] {Threei} wht a candle
[14:07] {fernp} yeah
[14:09] {ese} c you all tomorrow
[14:09] {fernp} bye ese
[14:09] {ese} fern
[14:09] {Threei} take care ese
[14:10] {dino} cya es
[14:10] {strider} bye ese
[14:17] {strider} CYCC goes
[14:20] {Threei} I give up
[14:20] {Threei} CYCC will never stop
[14:20] {Threei} it will go up forever
[14:20] {strider} Sure it will. Just buy some.
[14:26] {strider} going vertical.
[14:34] {Threei} I thbink double top is coming
[14:35] {Threei} let's wait for a good drop and see if we can find an entry
[14:35] {Les} spy going vertical
[14:35] {fernp} yes
[14:36] {Threei} my frustration with missing it transpired in a weird way
[14:36] {Threei} shorted .43 and covered .34
[14:36] {Threei} almost accidentally
[14:36] {Threei} wanted to check if it's shortable
[14:36] {Threei} and clicked market sell instead of limit above the price
[14:36] {Threei} turned out shortable, lol
[14:37] {fernp} yeah
[14:37] {nemo} fell in shit, smell like clover
[14:37] {nemo} sorry...manure
[14:37] {Les} you have a way with words nemo
[14:37] {nemo} merde
[14:37] {Raven} scat
[14:37] {Les} oui ça aussi
[14:37] {nemo} scarin' me Raven
[14:37] {Threei} we fully gavce up on English?
[14:38] {Les} you did a long time ago
[14:38] {nemo} natuerlich
[14:38] {Les} :)
[14:38] {Les} cycc .30 b/d?
[14:38] {Threei} no, I gave up on correct english
[14:38] {nemo} scat is english atually
[14:38] {Threei} but still, never went to russian
[14:38] {nemo} scatology
[14:39] {Raven} Scatology 421 ... took that at the university
[14:39] {nemo} 421?
[14:39] {Raven} course number
[14:39] {nemo} what PhD....Piled High and Deep
[14:39] {Raven} of course
[14:39] {nemo} yeah, but 4 level implies advanced study
[14:39] {Raven} I was very advanced
[14:39] {nemo} Political Science major?
[14:39] {Raven} godforbid
[14:40] {dino} jst continues down
[14:41] {nemo} we missed gme
[14:41] {Les} cycc not shortable at IB
[14:41] {dino} jst going to bounce nemo?
[14:41] {fernp} LVS, Vad?
[14:42] {nemo} dropped through all pivot support
[14:42] {nemo} next support 46
[14:43] {nemo} and a .13 spread to boot
[14:43] {Threei} daily looks fantastic fern... intraday, hard to tell
[14:43] {nemo} actually next support 46.34
[14:44] {fernp} yes, daily is great in LVS
[14:45] {dino} missed jst\
[14:46] {nemo} .40 spread
[14:46] {nemo} .28
[14:46] {dino} go sm
[14:48] {dino} crazy moves today
[14:48] {larisa} stupid market up again :)
[14:50] {strider} short GME .68 stop .82
[14:50] {strider} not the best entry
[14:53] {fernp} LVS now or never
[14:57] {nemo} gotta' go cu 2morow
[14:57] {strider} see ya, nemo
[14:57] {fernp} bye nemo
[14:57] {larisa} bye nemo
[14:59] {dino} cya nemo
[14:59] {dino} gj gme strider
[14:59] {strider} we'll see.:)
[15:00] {strider} trying to squeeze it to .45
[15:01] {dino} drop
[15:01] {fernp} any news, ad?
[15:01] {fernp} Vad
[15:02] {Threei} I think this:
[15:02] {Threei} US Fed release advice on interest rate risks; firms may be required to take corrective action to curb excessive risk; including possible requirement to hold additional capital
[15:02] {strider} stop to .70 GME
[15:02] {dino} same old same old
[15:02] {Threei} Fed warning banks to protect against a possible scenario whereby the environment of low interest rates end
[15:02] {fernp} cerradlo todo
[15:03] {fernp} wrong window
[15:03] {dino} fed should warn tiger to potect hoimself too
[15:03] {larisa} oh my
[15:03] {fernp} stopped LVS
[15:04] {fernp} i am unable to trade this market
[15:04] {strider} out 1/2 +.13
[15:04] {dino} pretty random afternoon fern
[15:05] {fernp} yes
[15:05] {Threei} The Federal Financial Institutions Examination Council, which includes representation from the Fed said: "In the current environment of historically low short-term interest rates, it is important for institutions to have robust processes for measuring and, where necessary, mitigating their exposure to potential increases in interest rates."
[15:05] {Threei} it bweconmes easier fern
[15:06] {Threei} today is noticeably better
[15:06] {patience} just got flushed out of my silver wheaton trade...hudbay keeps chugging up...not that i had the brains to buy in
[15:06] {Threei} just don't forece it, it takes time
[15:06] {fernp} ok
[15:09] {strider} stop to .55 GME
[15:10] {Threei} so, after the shoebomber we get to take our shoes off at the checkpoints
[15:10] {Threei} it scares me that this latest gyuy already got nicknamed an underwear bomber
[15:11] {strider} out balance +.18
[15:11] {larisa} now they can see you naked vad.. get ready when you travel :)
[15:11] {Threei} that I don't care about
[15:11] {Les} lol, I'm not sure security wants to see us all strip, not my ugly butt anyway
[15:11] {strider} now, what type do you think is going to apply for those jobs?
[15:12] {strider} Kind of like morticians.
[15:12] {strider} You gotta like your work.
[15:12] {Threei} yeah, images I saw are not much more than skeletons
[15:13] {Threei} snow in Alabama today
[15:13] {strider} What are you thinking about CYCC now, vad?
[15:13] {Threei} I don't have heart to buy it
[15:14] {strider} It's relly up there,.
[15:14] {strider} really
[15:14] {larisa} strider, enjoyed your GME trade. nice
[15:14] {larisa} not really sceletons vad
[15:14] {strider} 126% gain today.
[15:15] {Threei} maybe different scanners larisa
[15:15] {Threei} one image from which I saw had barely visible contours of the body, the rest was skeleton
[15:15] {patience} you flying air canada vad?
[15:15] {Threei} no, Westjet
[15:16] {patience} canadian transportation agency has ruled, portion of plane must be nut free
[15:16] {patience} can't stop laughing
[15:16] {Les} seed .05 b/d vad?
[15:16] {patience} although it is serious for those with allergies
[15:16] {Threei} if I accidentally wind up there, will they insist on amputation?
[15:17] {Threei} SEED... well, worth a try but it's kind of 51/40
[15:17] {Threei} 49
[15:17] {patience} well at least they said you are allowed to carry a book onboard again
[15:18] {Les} s seed .01
[15:19] {strider} CYCC goes momo
[15:19] {Threei} .01?
[15:19] {Threei} why that faR FROM TRIGGER?
[15:19] {Les} chased it
[15:19] {Les} lod was .04
[15:19] {Les} so 3 cents
[15:20] {Les} too much risk?
[15:20] {Threei} well, where is your stop?
[15:20] {Les} .15
[15:20] {Les} it's largish
[15:21] {Les} but risking 14 cents for further b/d before close
[15:21] {strider} CYCC: 2.67
[15:22] {Threei} whole thing feels like one big setup for me
[15:22] {Threei} CYCC has NASDFAQ's notice of delisting
[15:22] {dino} greenn scanners
[15:22] {Threei} from Dec 9
[15:23] {strider} they're over a dollar now. Is that what it was about?
[15:23] {strider} Are you suggesting 'they' are doing this, vad?
[15:24] {Threei} - Cyclacel Pharmaceuticals, Inc. (Nasdaq:CYCC) (Nasdaq:CYCCP) ("Cyclacel" or the "Company") today announced that, on December 9, 2009, the Company was notified by the NASDAQ Staff that the Company does not comply with the minimum $10 million stockholders' equity requirement set forth in NASDAQ Listing Rule 5450(b)(1)(A) (the "Rule") and that the Company's securities are subject to delisting from The Nasdaq Global Market unless the Company requests a hearing before a NASDAQ Listing Qualifications Panel (the "Panel").
[15:24] {Threei} Cyclacel intends to timely request a hearing before a Panel, which automatically stays the delisting of the Company's securities pending the issuance of the Panel's decision after a hearing. Under NASDAQ's Listing Rules, the Panel may, at its discretion, determine to continue the Company's listing pursuant to an exception to the Rule for a maximum of 180 days from the date of the Staff's notification or through June 7, 2010. However, there can be no assurances that the Panel will do so.
[15:26] {Les} really? rig one's stock price to stay in the NASDAQ?
[15:26] {strider} so do you think the news is phoney?
[15:26] {Threei} I'vw no idea
[15:29] {Threei} I have certainly seen this kind of situations before
[15:30] {Threei} but I alsao have seen real cases when company would pull itself from brionk of destrcuction
[15:30] {Threei} only typed better
[15:31] {Threei} I even saw a case when CEO promised great news after the close, and got a lot of people to buy... only to announce voluntary delisting
[15:31] {fernp} lol
[15:31] {strider} ha
[15:31] {Threei} where is cosmo, he could name the symbol right away :)
[15:31] {Threei} it's a real story, I am not kidding
[15:32] {strider} I guess he sold his shares before close.
[15:32] {fernp} of course
[15:32] {Threei} better yet
[15:32] {Threei} stock went to pink sheets, and in a few months he nmanaged to maNIPULATE THE PRICE TO ABOUT 15
[15:33] {Threei} so, in a way he was right... it was a good news
[15:33] {strider} news was that CEO was a very clever guy.
[15:36] {strider} where IS cosmo?
[15:36] {Threei} still in Australia?
[15:36] {strider} vacation?
[15:37] {Threei} that's what he said
[15:46] {fernp} SDS short if breaks .30?
[15:47] {Threei} if market breaks out, sure
[15:47] {Threei} but are you willing to play general market breakout right now?
[15:47] {fernp} nah
[15:53] {fernp} Good evening everybody. See you all tomorrow
[15:53] {strider} night fern.
[15:53] {Threei} take care fern
[15:54] {strider} Guess who's gonna be on TV at 4:30?
[15:55] {larisa} Josh Holloway ?
[15:55] {Threei} Til Ulenshpigel?
[15:55] {larisa} wow
[15:55] {strider} you're both right....in parallel universes.
[15:55] {Les} Umar Farouk?
[15:55] {strider} No. No parallel universe for that.
[15:56] {Threei} he can't stand
[15:56] {Threei} nor sit
[15:56] {Threei} nor procreate
[15:56] {Threei} there are natural consequences to setting one's crotch on fire, ya know
[15:56] {Les} that's why CNBC wants him on TV
[15:58] {Les} out seed flat
[15:59] {strider} new high, CYCC.
[15:59] {strider} I bought small at .55,,,,,see how aftermarket looks.
[15:59] {Les} time is up. night all
[16:00] {Threei} thank you all
[16:00] {strider} nite vad.
[16:00] {Threei} better day
[16:00] {Les} yeh thank you vad. starting to work out now
[16:00] {Threei} but far from stellar still
[16:00] {Threei} it's a process
[16:00] {strider} Stellar would be good.
[16:00] {Threei} grinding it out
[16:00] {Threei} have a good evening, see you tomorrow
[16:02] {dino} apol