Apr 28 2010

Mibbit is down for the day so those who use it couldn't connect today. This is third party service, and they are under Denial of Service attack. Sorry guys, not much we can do - hopefully they are up and running for tomorrow, otherwise installing mIRC is the only way to connect the room. Our server is running smoothly. Please use instructions at the bottom of http://www.realitytrader.com/tradingroom/ for mIRC installation. Meanwhile, you may monitor their updates at http://blog.mibbit.com/

The day was uneventful, with couple rinses and whole lot of boredom.

Session Time: Wed Apr 28 00:00:00 2010

[07:49] {magoo} sedarmoc kninrom

[08:46] {Threei} AAPL Could launch next generation iPhone on June 7 at the Worldwide Developers conference - Business insider

[08:46] {Threei} I still don't understand the point of previous one

[08:49] {Raven} have you ever messed with an I-Phone?

[08:49] {Threei} for whole 5 min, gotta admit

[08:50] {Raven} it is slick ... but then I don't even have a cell phone :)

[08:50] {Threei} see? :)

[08:50] {Threei} I am sure it is, I just don't get the point :)

[08:50] {Raven} somehow I must be missing something

[08:50] {Threei} but then again, there are so many things I can that this about...

[08:51] {Threei} can say

[08:51] {Raven} just don't see the need for a cell phone except maybe for 10 minutes per year

[08:52] {Threei} lol... dialog between me and phone company rep when I switched from a plan to pay-as-you-go

[08:52] {Threei} he: why, it will cut severely your time allowance

[08:52] {Threei} I: great, I need very little

[08:52] {Threei} he: but how do you stay connected?

[08:53] {Threei} I: I don't generally...

[08:53] {Threei} he: huh?

[08:53] {Threei} I: huh?

[08:53] {Raven} rofl

[08:53] {Threei} total breakdown of communication :)

[08:53] {Raven} there is so much meaningles babble :)

[08:54] {Raven} less

[08:55] {Threei} I am making 10K loop around the lake, beautiful forest trail, canopy over your head, water in just a few meters... why would I want to "stay connected"???

[08:56] {Raven} but don't you want to know that your wife just got to the grocery store?

[08:56] {Threei} or walk along the ocean shore... herons, seals poking their heads out, occassioanl bald eagle

[08:56] {Threei} well, usually she is right there with me, lol

[08:56] {Raven} your sibling then

[08:57] {Threei} 10,000 km

[08:57] {nemo} morgen

[08:57] {Threei} nemo :)

[08:57] {Raven} n

[08:57] {Threei} (GR) German CDU budget expert: IMF and ECB reject inclusion of banks in Greece rescue package

[08:57] {Threei} ***Note: On Apr 27th a German CDU party member stated that it sought to discuss issue of haircuts with ECB and IMF in regards to Greece aid debate

[08:57] {nemo} guess we should have gone long on the close yesterday :)

[08:58] {Threei} shrug

[08:58] {Threei} mibbit is down it seems

[09:00] {strider} ACAS

[09:00] {strider} theflyonthewall.com: American Capital upgraded to Outperform from Underperform at BMO Capital

[09:00] {Threei} *(CA) CANADA FEB HOUSE PRICE INDEX Y/Y: 9.9% V 7.5%E

[09:00] {nemo} so greece banned short selling

[09:01] {Threei} oh yeah

[09:01] {Threei} let's see how well that works for them

[09:01] {nemo} Down elevator goes express...gonna' be a hard landing

[09:02] {magoo} vad, keep 1 eyre on BWLD for me, looking for a bounce setup today

[09:02] {magoo} also, AIG amzn

[09:02] {magoo} fcx

[09:02] {magoo} rimm

[09:03] {nemo} anything else vad can do for you?

[09:03] {Threei} ok, I am in need of 5 more eyes then

[09:03] {magoo} thank u (u have your work all laid out for u today :)

[09:03] {Threei} btw, speaking of eyes

[09:03] {Threei} keep one on SQNM

[09:03] {Threei} 6.50 break is interesting

[09:04] {magoo} also, GS was a nice short yesterday, so keep eye on it too

[09:05] {magoo} biggies after close BIDU FSLR AKAM

[09:06] {Threei} GR) German SPD member: German Parliamentary approval is not automatic on Greek rescue package

[09:06] {Threei} - Reportedly IMF sees need at $100-120B over 3-year period

[09:07] {Threei} quite amazing to see, but:

[09:08] {Threei} CNN guys got things right, and grilled two Senate idiots Levin and Dodd this morning with "you repealed Glass-Steagal creating today's situation, why do you blame GS now?"

[09:08] {Threei} GR) French PM Fillon: EU needs to allocate 30B in Greek aid immediately, must end "irrational speculation" against Greece

[09:15] {larisa} gm :)

[09:16] {Threei} larisa

[09:16] {larisa} vad :)

[09:20] {nemo} lari :)

[09:21] {larisa} gm nemo :) everybody still asleep ?

[09:21] {Threei} mibbit is down

[09:27] {fernp} Good morning everybody

[09:27] {Threei} fern :)

[09:27] {nemo} Hola fern

[09:27] {fernp} i think mibbit is down

[09:28] {fernp} it is impossible to log in here using mibbit

[09:28] {Threei} yeah

[09:31] {nemo} qcom

[09:33] {Threei} Long Setup: LVS .25

[09:33] {Threei} if holding above .15

[09:34] {Les} .

[09:34] {Les} anyone here?

[09:34] {nemo} there goes the neighborhood

[09:34] {Les} coooooooooooooool

[09:35] {Les} I'm in MIRC

[09:35] {Les} friggin mibbit screwed up once too many times

[09:35] {Threei} invalidated

[09:35] {Threei} watching for another setup

[09:36] {strider} UA

[09:37] {Threei} .15 break

[09:37] {strider} LVS?

[09:38] {Threei} .05 stop

[09:39] {Threei} no go

[09:39] {nemo} 200 ma right here

[09:42] {strider} STEC

[09:42] {Threei} STEC Strength attributed to vague takeover chatter

[09:42] {Threei} - IBM rumored as a potential acquirer (15.87, +0.51, 3.32%)

[09:43] {Threei} DCTH

[09:44] {strider} where's dino?

[09:44] {strider} ah, mibbit?

[09:44] {Threei} 09:21] {Threei} mibbit is down

[09:44] {Les} right, got it now. mirc works fine

[09:45] {Les} awiav?

[09:45] {nemo} coma

[09:45] {Les} already?

[09:45] {Les} so dino is not here?

[09:46] {nemo} Les without his binky

[09:47] {Threei} BCRX Reports Q1 -$0.06 v -$0.16e, R$26.1M v $20Me

[09:47] {Threei} - Ended the quarter with cash, cash equivalents and investments of $89.4M

[09:47] {Les} well what names have you got for me boy dexter?

[09:49] {dptl} good morning

[09:49] {Threei} dp :)

[09:50] {Threei} FTBK seems to prepare next jump

[09:51] {Threei} VVUS, what's up there

[09:51] {Threei} don't see any news

[09:51] {strider} BRCD upgrade

[09:52] {Threei} how about that jump, FTBK

[09:52] {strider} nthewall.com: Vivus initiated with a Buy at Brean Murray

[09:52] {strider} Brean Murray expects Qnexa to be approved on its October 28, 2010 PDUFA and for avanafil to be approved by 1H12. Target $15. :theflyonthewall.com

[09:52] {Threei} October??

[09:52] {Threei} I'll wait..

[09:53] {strider} hey, I'm just the messenger. :)

[09:53] {Threei} lol

06[09:53] * magoo slaps strider around a bit with a large trout

[09:53] {fernp} lol

[09:53] {strider} thanks, magoo. I needed that.

[09:54] {Threei} BRCD nice daily

[09:55] {strider} sticky data this morning in L2

[09:55] {Threei} fine here

[09:55] {magoo} lil ugly now

[09:55] {magoo} fine here

[09:55] {Threei} DEAR

[09:55] {Threei} very risky one

[09:55] {Threei} loco candidate

[09:57] {magoo} vad news FCX?

[09:57] {magoo} really check ok

[09:58] {Threei} no news

[09:58] {magoo} no... really

[09:58] {Threei} (IT) Italy: Fitch does not see any risks to Italy sov ratings at this time

[09:58] {Threei} uh oh

[09:58] {Threei} Italy is toast

[09:59] {Threei} - State faces a smaller challenge in stabilizing its debts in comparison to other Eurozone peripherals

[09:59] {Threei} - State must act on medium term finance issues

[10:00] {magoo} l FCX .20

[10:00] {magoo} RISKY

[10:01] {magoo} out

[10:02] {Threei} AFL Shares moving lower as firm discusses exposure to Greek banks and sovereign debts

[10:02] {Threei} - Have no direct exposure to Portugal sov debts

[10:03] {magoo} _ .15

[10:03] {magoo} -}15

[10:03] {magoo} sigh

[10:03] {magoo} -.15

[10:03] {Les} how can I slap you in mirc mags?

[10:03] {larisa} you can not :)

06[10:04] * strider slaps magoo around a bit with a large cardboard cutout of Les

[10:04] {magoo} nice

[10:04] {Threei} lol

[10:04] {Les} * star

[10:04] {Threei} Short Setup: AFL .40 break half lot

[10:04] {Threei} .55 stop

[10:05] {strider} I'm showing .34 now

[10:05] {Threei} so it's late, wait folr bounce

[10:05] {Threei} was .42 at the time of alert

[10:05] {Threei} broke down fast

[10:05] {Les} shorted fcx on the back of your long mags. 1st entry .15 averaged in .99 covered .82

[10:06] {Les} ty

[10:06] {strider} in .43

[10:06] {magoo} thats just wrong les

[10:06] {Les} not messing with ya

[10:06] {Les} cause it didn't go up

[10:06] {Les} I shorted on the bounce

[10:07] {Threei} no go AFL

[10:07] {fernp} yeah stopped

[10:08] {Les} fcx knows how to dive

[10:09] {Threei} AFL rinse

[10:11] {Les} vad fcx read?

[10:11] {Les} never mind

[10:14] {magoo} nasty trader afl

[10:15] {Threei} argh

[10:15] {Threei} look at it

[10:16] {Threei} Imax Corp Signs Up to 20 Picture Deal From 2010 Through 2013 with Warner Bros.

[10:16] {Threei} completed an agreement to release up to 20 Warner Bros. films in IMAX's format over the course of the next three and a half years (from 2010 through 2013). The agreement strategically aligns Warner Bros.' tent-pole business with the increasing worldwide popularity of The IMAX Experiencein both 2D and IMAX3D, providing the studio with an added distribution platform that consistently delivers strong box office returns. The agreement underscores the excitement around the studio's future films which are anticipated to be among the best Hollywood event titles slated for release in the coming years.

[10:17] {strider} Apr. 28 14:15 FOMC Rate Decision 04/28 0.25% 0.25%

[10:17] {Threei} total non-event

[10:21] {magoo} BWLD if takes 42

[10:21] {magoo} long

[10:21] {magoo} risky

[10:22] {Threei} TM Could recall 50K 2003 Sequoias - Detroit News (76.93, -0.06, -0.08%)

[10:26] {fernp} VMED , Vad?

[10:27] {fernp} 18 break?

[10:27] {nemo} amzn at critical level

[10:27] {Threei} if market helps, fern

[10:27] {Threei} chart is right

[10:28] {fernp} ok. ty

[10:28] {magoo} AOL vad

[10:28] {magoo} look

[10:29] {Threei} crappy earniongs

[10:30] {Threei} AOL Hearing shares trading lower following reduced expectations for advertising revenue levels on conference call

[10:30] {Threei} *DOE CRUDE: +2M V +750KE; GASOLINE: -1.25M V +500KE; DISTILLATE: #+2.9MV +1.2ME

[10:30] {magoo} took .49 AFTer my post

[10:30] {Les} nice bounce

[10:32] {Threei} can you believe that AFL rinse?

[10:32] {magoo} out 25 ty vads

[10:32] {shorty} I am in!

[10:32] {nemo} afl

[10:33] {Les} bouncer shows shorty to the door...

[10:33] {Threei} mibbit is back up? or made it via mirc?

[10:33] {shorty} mirc

[10:33] {shorty} Thanks Threei

[10:35] {Les} very small short .28 fcx

[10:36] {magoo} reloaded aol .20 out .38 ty vad

[10:37] {Threei} lol

[10:37] {magoo} helping your ave today (i got your back)

[10:37] {Threei} AOL Exec:Continue to look at portfolio about possible non core sales, cannot provide additional information - conf call

[10:40] {Les} out -.06 might be squeeze. looking at .50 maybe

[10:42] {Threei} Yesterday 16:05 SIMG Reports Q1 -$0.05 v -$0.07e, R$34.3M v $31Me

[10:42] {Threei} - Guides Q2 Rev $37-39M v $38Me

[10:42] {Threei} - Sees Q2 gross margin 54-55%

[10:42] {Threei}

[10:44] {magoo} WOW terrible slippage on a laser hard top

[10:44] {magoo} was set at .69 got .51 on BWLD

[10:45] {Threei} huh?

[10:45] {Threei} market order?

[10:45] {magoo} i had some bwld

[10:45] {magoo} no stop

[10:46] {Threei} auto?

[10:47] {magoo} fixed speed

[10:47] {magoo} price stop

[10:47] {Threei} they can be limit and market

[10:47] {Threei} you obviously used market

[10:47] {Threei} which is a murderer on such thin stock

[10:47] {magoo} yea, not stop limit

[10:48] {Threei} GE CEO: Seeing more confidence in spending for the US: US company balance sheets are 'flush', expecting to see job growth in coming year

[10:51] {Les} iss

[10:52] {Les} issi

[10:52] {Les} trying for 13

[10:53] {strider} FCX

[10:56] {Threei} CELM

[10:57] {Threei} momo candidate

[11:01] {Les} RHI

[11:04] {Threei} anyone went for CELM?

[11:04] {Threei} BWEN Recent strength attributed to report that President Obama has approved the wind energy farm off the coast of Cape Cod

[11:05] {nemo} now that Kennedy is dead, they can't stop it

[11:08] {shorty} C/H with CIEN?

[11:08] {Threei} with handfle just starting to form?

[11:09] {shorty} yes

[11:09] {Threei} could be...

[11:09] {Threei} needs to hold here and turn back up

[11:10] {shorty} what would be b/o price?

[11:10] {Threei} .20 if go by that C&H of yours

[11:10] {shorty} ty

[11:11] {Threei} Mibbit is under a DOS (denial of service) attack

[11:12] {Threei} BWEN rticks higher

[11:12] {shorty} Could be awhile then

[11:13] {shorty} a while

[11:13] {strider} mags, is dino in the office?

[11:14] {Threei} US) US Interior Department officially approves Cape Wind offshore wind project in Massachusetts - Boston Globe

[11:15] {shorty} I am not an energy expert, but when the demand of energy is up there is not a lot of wind. Hot days, with no wind.

[11:18] {larisa} you can use solar fan to create wind to power windmill to power you house fan :)

[11:18] {larisa} and on cold days we will need another strategy :)

[11:18] {Threei} and if there is no sun, you can run an internal combustion engine to power the fan

[11:19] {shorty} lol

[11:19] {Threei} I'd say it all works out

[11:19] {shorty} I like my coal power plants.

[11:19] {Threei} you remember we started with 30B Greece aid package,

[11:20] {Threei} then decided it's rather 60B

[11:20] {Threei} well...

[11:20] {Threei} GR) European ministers are saying Greek aid package may need to be as high as 135B - Der Spiegel

[11:20] {Les} doesn't sound good for the Euro

[11:20] {Threei} {Germany} you know what... after some soul-seraching, we cancel Europe as a continent

[11:21] {RonS} ...couple of weeks ago the GAO exposed the EnergyStar program by submitting things like a gasoline powered clock radio...approved cause it saved electricity...

[11:21] {Threei} {Asia} wait, Europe is not a continent, we are there too, on the same land mass

[11:21] {larisa} this is funny Ron :)

[11:21] {Threei} {Germany} how unfortunate for you

[11:23] {Threei} Ron, along the same lines, I am waiting with interest for final tally on electric cars

[11:23] {Threei} sooner or later they will have to take their heads out of their... OK{ out of the sand,

[11:24] {Threei} and compute things from the power supply side

[11:25] {Threei} BWEN Hearing Lazard makes positive comments (timing uncertain) (4.25, +0.24, 5.99%)

[11:26] {shorty} UAUA

[11:27] {strider} GWW?

[11:28] {Threei} *(SP) S&P DOWNGRADES SPAIN

[11:28] {Threei} sorry fern...

[11:30] {Threei} - S&P: "In our opinion, Spain is likely to have an extended period of subdued economic growth, which weakens its budgetary position. The negative outlook reflects the possibility of a downgrade if Spain's budgetary position underperforms to a greater extent than we currently anticipate."

[11:31] {RonS} ...is that a long winded way of saying "we just make stuff up"

[11:31] {Threei} - "The downgrade primarily reflects Standard & Poor's downward revision of its medium-term macroeconomic projections. "We now believe that the Spanish economy's shift away from credit-fuelled economic growth is likely to result in a more protracted period of sluggish activity than we previously assumed,"

[11:31] {fernp} shorted this morning a lot of spanish stocks

[11:31] {shorty} You might get investigated fernp.

[11:31] {Threei} - "The downgrade primarily reflects Standard & Poor's downward revision of its medium-term macroeconomic projections. "We now believe that the Spanish economy's shift away from credit-fuelled economic growth is likely to result in a more protracted period of sluggish activity than we previously assumed,"

[11:31] {Threei} oops, sorry for double

[11:31] {fernp} lol shorty

[11:32] {Threei} (US) Senator Dodd (D-CT) close to deal with Senator Shelby (R-AL) to strip out $50B resolution fund from financial reform bill - WSJ

[11:32] {Threei} - Deal would involve creating new resolution powers, would not include agreement on either consumer protection or derivative regulations.

[11:35] {Les} sounds like deal we don't need

[11:35] {shorty} out aig +.12, too fast to call

[11:36] {Threei} restore Glass-Steagal, limit leverage, install strict loaning guidelines. Period

[11:36] {Threei} financiaal reform is done

[11:36] {nemo} Qs look like a short

[11:39] {Les} GLD making a move. 115 to be broken?

[11:40] {Threei} mibbit is back up

[11:41] {larisa} market is kinda hysterical

[11:43] {magoo} am i here?

[11:43] {RonS} no

[11:43] {magoo} was bumped

[11:43] {magoo} dammit, ill try again

[11:43] {Threei} lol

[11:43] {Threei} here is test mags:

[11:43] {Threei} "I am slapped, therefore I am connected"

[11:44] {magoo} how about now??

06[11:44] * Threei slaps magoo around a bit with a large trout

[11:44] {magoo} ROFLOL

[11:44] {Threei} [11:43] {Threei} here is test mags:

[11:44] {Threei} [11:43] {Threei} "I am slapped, therefore I am connected"

[11:44] {Les} how do you do that? slap someone...

[11:44] {Les} I wanna slap too

06[11:44] * magoo slaps Les around a bit with a large trout

06[11:44] * magoo slaps Les around a bit with a large trout

06[11:44] * magoo slaps Les around a bit with a large trout

[11:44] {Threei} see? easy

[11:45] {magoo} like that Les

[11:45] {strider} no. definitely do not tell les how to do that.

[11:45] {Threei} take the trout in your right hand

[11:45] {Les} dammit someone take me seriously!!!!

[11:45] {Threei} swing it

[11:45] {magoo} NO VAD..he needs to figure it out

[11:45] {RonS} agree strider...

[11:45] {Threei} hit thy neighbor with it

[11:46] {RonS} ...i just figured it out...but will refrain

06[11:47] * shorty slaps RonS around a bit with a large trout

06[11:47] * shorty slaps nemo around a bit with a large trout

06[11:47] * shorty slaps magoo around a bit with a large trout

06[11:47] * shorty slaps Threei around a bit with a large trout

[11:48] {strider} We get it, shorty.

[11:48] {Threei} give man a fish...

[11:48] {nemo} careful

[11:48] {Threei} or... for a man with trout, every action looks like slap

[11:48] {shorty} No you don't, I have 3 weeks to catch up on.

[11:48] {RonS} Ron slaps at Shorty but misses cause he is Shorty

[11:48] {Les} oh this is not fair

[11:48] {magoo} HEY, what i do??

[11:49] {strider} Nothing this time. But you will.

[11:49] {strider} Think of it as credit.

[11:49] {RonS} ...is dino out, or silenced due to mibbit

[11:50] {Les} I can see colour relationship to action, but where is it...

[11:51] {strider} Behind the horse of a different color.

[11:51] {larisa} I have a script that will slap you with random things, always a surprise.. Not sharing though, do not want to deal with bunch of lunatics :)

[11:51] {shorty} Action is not relative to the color.

[11:52] {Threei} lol larisa

[11:52] {shorty} larisa, we missed you when you were away. It got out of hand in here.

[11:52] {Threei} mibbit is back up

[11:53] {Les} you said that before vad, wasn't true

[11:53] {Threei} magoo, tell dino please

[11:53] {Les} so its a script

[11:53] {shorty} It's not up here Threei.

[11:53] {Threei} huh... works here

[11:53] {Les} neither here

[11:53] {Threei} http://widget.mibbit.com/?settings=1751cb31976f0adcb5507411d8ee92ac&server=irc.jastech.de&channel=%23floor,%23discussions&promptPass=true

[11:54] {Threei} page copming up for you?

[11:54] {larisa} right click on the nick les

[11:54] {magoo} im letting him suffer for 1 more hour vad

[11:54] {Threei} lol

06[11:54] * strider slaps larisa around a bit with a large thing.

[11:55] {strider} now you've gone and done it.

[11:55] {Threei} EUR/USD Continues to set fresh 1 year lows; Dealers eye 1.3070 as long term uptrend line

06[11:55] * Les slaps larisa around a bit with a large trout

[11:55] {Les} lol

[11:55] {larisa} not on mine nick Les!!

[11:55] {strider} see?

[11:55] {larisa} sigh

06[11:55] * Les slaps strider around a bit with a large trout

[11:55] {Threei} that's what you get for being nedlessly helpful

06[11:55] * Les slaps Raven around a bit with a large trout

[11:55] {shorty} rofl

[11:56] {larisa} one slap per day per person les, you are done for next 2 weeks

06[11:56] * Les slaps larisa around a bit with a large trout

[11:56] {RonS} ...it's official...Les has become worthLes

[11:56] {Les} hehe boy in a candy shop...

[11:57] {larisa} trout is boring

[11:58] {nemo} of course, she wants sturgeon (caviar)

[11:58] {RonS} ..nah...diamonds.

[11:58] {nemo} both

[11:58] {larisa} they serve it in LV teaspoon for $150 :)

06[11:59] * strider slaps larisa around a bit with a large diamond-studded sturgeon.

[11:59] {larisa} lol

[11:59] {RonS} lol

[11:59] {larisa} vad find a trade to calm them down

[11:59] {Threei} I wish I saw one

[11:59] {Threei} SIMG slowly climbing

[12:00] {Threei} no clear setup though

[12:01] {Les} little bounce in issi. .50 b/d if holding .60?

[12:01] {Les} too thin sorry

[12:01] {Threei} http://widget.mibbit.com/?settings=1751cb31976f0adcb5507411d8ee92ac&server=irc.jastech.de&channel=%23floor,%23discussions&promptPass=true

[12:02] {Threei} is this page coming up for anyone?

[12:02] {larisa} nope

[12:02] {Les} nyet

[12:02] {shorty} Not here

[12:02] {Threei} what the...

[12:02] {Threei} up here

[12:05] {Les} L SLW .52

[12:09] {Les} qid is respecting 50ma support. perhaps a long entry on pullback?

[12:12] {Threei} well

[12:13] {Threei} QID goes up if NASDAQ goes down

[12:13] {Threei} look at QQQQ

[12:13] {Threei} would you short it here?

[12:13] {Threei} if yes, then go long QID

[12:16] {Les} pass

[12:16] {magoo} AIG hit 40

[12:18] {Threei} (SP) Spain Econ Min Campa: Will maintain 2013 goal for public deficit target of 3%

[12:18] {Threei} - Deputy PM: Spain will keep with austerity plan; will take all measures to achieve plans; "surprised" by the recent downgrade by S&P; sees limited impact on financial markets from the move.

[12:20] {Les} qid

[12:22] {shorty} Thinking b/d on it Les?

[12:23] {Les} wrong screen, sorry

[12:30] {Les} $ new high. wonder if gold turns before closing

[12:31] {Les} out slw +.10

[12:32] {magoo} vad, r we in anything?

[12:33] {magoo} vad, awiay?

[12:34] {Les} coma

[12:34] {Threei} hectic day... not much to hang my hat on

[12:34] {shorty} Probably chating with mibbit

[12:35] {Threei} shrug

[12:35] {Threei} what to chat

[12:35] {Threei} they'll be up when they'll be up

[12:35] {shorty} true

[12:40] {magoo} see how AIG f's u so many times we stiop trading it, then bam...easy up day

[12:46] {RonS} ...shouda play...gdx

[13:02] {Threei} (US) Senate test vote on financial reform legislation fails for third time (more than 40 votes against)

[13:02] {Threei} - for the third straight day, Democrats fail to get the 60 votes needed to begin debate on the financial reform bill.

[13:02] {Threei} - Reminder: there was a report earlier today that Senator Dodd (D-CT) is nearing a deal with Senator Shelby (R-AL) to strip out the $50B resolution fund from financial reform bill, one of the sticking points for Republicans.

[13:04] {Les} gg coming down maybe rollover time

[13:06] {Threei} IMF's Strauss-Kahn: There is little risk of a double dip recession, although it is not totally impossible

[13:06] {Threei} - Does not expect to see a W-shaped recession

[13:06] {Threei} - "Should not believe too much what ratings agencies say"

[13:06] {Threei} lol

[13:06] {larisa} it will be funny if we end up +200 today

[13:06] {magoo} is mibbit up vad for dino?

[13:07] {Threei} up for me mags

[13:07] {Threei} looks like it' depends on one's loaction

[13:16] {Les} issi vad, you see a setup?

[13:16] {Threei} marginal...

[13:23] {magoo} marginal

[13:23] {magoo} m

[13:23] {magoo} a

[13:23] {magoo} r

[13:23] {magoo} g

[13:23] {magoo} i

[13:23] {magoo} n

[13:23] {magoo} a

[13:23] {magoo} kl

[13:23] {magoo} marginal

[13:23] {Threei} huh? lol

[13:24] {magoo} moderator "incorrect"...have a seat

[13:25] {magoo} [13:23] {magoo} kl

[13:25] {Les} we bored?

[13:25] {Threei} who wouldn't

[13:25] {Les} GT

[13:25] {RonS} ...so bored we are board...

[13:27] {Les} brcm lod break?

[13:29] {Threei} 50/50

[13:43] {shorty} I am tempted to short brcm here .33

[13:54] {Threei} White House advisor Volcker: US should address entitlement programs, consider raising retirement age

[13:55] {Threei} he wins friends easily, doesn't he

[13:55] {larisa} raising to 80 years old ?

[13:55] {Threei} I say make it 95 and be done with it

[13:56] {larisa} some people live to 120..

[13:56] {Threei} will take a while till science advancements catch up

[13:56] {strider} That's in dog years, Larisa.

[13:56] {Threei} solve the problem for generations

[13:58] {Les} fas bottom of range here

[13:58] {Les} wfc short?

[13:58] {Les} .30 break?

[13:59] {RonS} 15 min to fed...

[13:59] {Threei} well, with stop above .40, may be

[13:59] {nemo} fas looks long here

[13:59] {Threei} but odds of it working at equal to those of not

[13:59] {Threei} and yes, Ron's right,

[13:59] {Les} not with FOMC coming up

[13:59] {Les} no thanks

[13:59] {Threei} why take position this close to FOMC

[14:00] {Threei} even being non-event, it can whipsaw based on one word

[14:02] {Threei} look at AIG offer

[14:03] {Threei} eeck

[14:05] {shorty} CINC Threei?

[14:05] {Threei} ?

[14:05] {shorty} AIF offer

[14:05] {shorty} aig

[14:06] {Threei} it's no longer there, and it was ARCA

[14:06] {nemo} [13:59] {nemo} fas looks long here

[14:07] {Les} RHI 28. selloff with vol.

[14:09] {RonS} http://www.breitbart.tv/florida-one-video-documents-creation-of-new-southwest-jet/

[14:09] {RonS} ...while we wait...

[14:14] {Threei} let's hear from the guy well known for his clairvoyance:

[14:14] {Threei} Former Fed Chairman Greenspan: US has at least another year before it faces threat of inflation

[14:14] {Threei} *FOMC HOLDS FED FUNDS RATE TARGET AT 0.25% (AS EXPECTED); REMOVES OR ALTERS "EXTENDED PERIOD" LANGUAGE

[14:14] {Threei} 04/28 14:06:08-(ERIK GUSTAFSSON 33):

[14:14] {Threei} CHANGES "EXTENDED PERIOD" LANGUAGE TO "LOW FOR SOME TIME"

[14:14] {Threei} 04/28 14:10:54-(BRAD OLESEN 31):

[14:14] {Threei} REITERATES RATES TO STAY EXCEPTIONALLY LOW FOR "EXTENDED PERIOD"

[14:14] {Les} blow that bubble boys

[14:15] {Les} cool RonS. and here I was filling my purile mind with South Park antics

[14:18] {Threei} here is whipsaw foretold a few min ago

[14:18] {RonS} ya, you really stretched for that one...lol

[14:19] {larisa} lol

[14:19] {Threei} sigh... I won't be appreciated during my lifetime, that's settled

[14:19] {RonS} hilarious

[14:22] {shorty} That was a good video RonS

[14:23] {RonS} ...modern manufacturing is a wonder...

[14:25] {larisa} I wish they would think more of air quality and ergonomics too.. Not all people fly 1th class and i have long legs :)

[14:25] {RonS} omg the mind is running...

[14:25] {Les} lol trying to think of something

[14:26] {larisa} 3 meters each

[14:26] {Les} not purile

[14:26] {nemo} how about a trade

[14:27] {RonS} ...purile...had to look it up since I thought it meant the soap aisle at Walmart...

[14:27] {nemo} I'm not sure that's a word Les

[14:27] {nemo} I think it's puerile

[14:28] {Les} http://www.thefreedictionary.com/puerile

[14:28] {Les} sorry

[14:28] {shorty} I admit, I had to google that word

[14:28] {RonS} rotfl

[14:28] {Threei} I didn't... I take all words I don't know for "who cares"

[14:28] {nemo} It's been used about me so many times I kinda' knew

[14:30] {RonS} 3i, you were right; this is whippier action than usual

[14:30] {Threei} wow... and I am not even dead yet

[14:30] {shorty} lol

[14:31] {shorty} Have another piece of bacon Threei, and a shot of crestor.

[14:31] {Threei} now, why would I need that nasty stuff

[14:31] {Threei} crestor I mean

[14:32] {shorty} So you can enjoy bacon for another 15 years

[14:33] {shorty} As I get older, so does my perscription list. It's depressing.

[14:33] {shorty} I mean higher number of doses.

[14:33] {Threei} my stopped bothering me since I lost it and decided not to look for it, nor get a new one

[14:33] {Threei} much happier, too

[14:34] {magoo} was on phone, u hit anytthing?

[14:34] {magoo} radical charts

[14:36] {RonS} ...guy goes to the doc: doc say i have good and bad news. Guy says gimme the bad. Doc says you have Aids. Guy says what is the good? Doc says: you also have Alzhiemers, now go home and forget about it.

[14:36] {shorty} lol

[14:37] {RonS} ...now we know Shorty is young. Every older guy who hears that, absolutely cringes.

[14:38] {Threei} hears what Ron?

[14:38] {shorty} I am young, mid 30's

[14:39] {shorty} I think?

[14:39] {RonS} ...not trying to be negative...but, I do not see how to trade this action...oh dino, where are you?\

[14:41] {shorty} I know RonS...I have 3 trades today. Batting 2 for 3.

[14:41] {Threei} nor do I, thus satying on a sideline

[14:41] {shorty} Who likes to play vids?

[14:42] {shorty} http://www.newgrounds.com/portal/view/534416

[14:46] {Les} yeh shorty

[14:47] {Les} I liked that game in 1988

[14:47] {magoo} i havent told dino to try and log in yet he he

[14:48] {Les} still ain't working

[14:48] {magoo} it is NOT correct?

[14:48] {Les} not here

[14:51] {shorty} But you can play with the contra character Les, or mega man or link from zelda.

[14:52] {Les} don't play much anymore. Bit of PS2 with kids. Got Civilization 4 on pc.

[14:52] {Threei} so weird... works for me

[14:52] {Threei} and it seems for no one else

[14:52] {Threei} UAUA Reportedly closer to settling on deal value with CAL; with deal to come next week (21.98, +1.47, 7.17%) (related CAL )

[14:53] {shorty} I wanted to be a pilot, so flight sim is my favorite. Not much time to play with the kids though.

[14:55] {Les} ha! so did I

[14:55] {Les} picked up 82 hours and a PPL before leaving Oz

[14:57] {Les} I see lots of paragliders jumping off hill behind my place...

[14:57] {Les} but I'd rather be trading

[14:57] {shorty} A good friend of mine fly's private jets. I am jealous of his career.

[14:58] {shorty} paragliding is a bit risky for my taste.

[14:58] {shorty} Me too, trading is fun.

[14:58] {larisa} and not risky at all :)

[14:59] {shorty} Well, I hope trading doesn't kill me

[14:59] {shorty} :)

[15:00] {Les} aig

[15:02] {Les} Sydney has median house price above $600k for 1st time

[15:12] {RonS} ...carried jef l into the day at 24.65, +.62 Did nothing else today since i was late trying to get in w/ mIRC. Will sign out now and try mibbit. If i do not make it back have a good evening all.

[15:12] {Threei} wait

[15:12] {Threei} ron

[15:13] {RonS} yes

[15:13] {Threei} why do you need to sing off to try mibbit?

[15:13] {Threei} just try to connect the log in page

[15:13] {RonS} ...just thought i did...

[15:13] {Threei} either it's up for you or not

[15:13] {RonS} ok

[15:15] {RonS} not working 3i...

[15:15] {Threei} so werid

[15:19] {Les} gld read vad?

[15:19] {Threei} none, really

[15:19] {Les} ok

[15:21] {Les} reading spiegel and these numbers being thrown about in aid just for Greece

[15:22] {Threei} and?

[15:22] {Les} wonder how long it takes for people to understand they're going to pay it

[15:22] {Les} for Greece

[15:22] {Threei} which people you mean?

[15:22] {Les} taxpayers

[15:22] {Threei} in Greece? germany?

[15:22] {Les} Europe

[15:22] {Threei} problem is, those are different taxpayers

[15:23] {Threei} no such thing as Erope taxpayer

[15:23] {Threei} that's the problem with EU

[15:23] {Les} even Portugal and Spain must contribute to Greece aid

[15:23] {Threei} and that's why it's doomed

[15:23] {Threei} there are taxpayers on different nations,

[15:23] {Threei} and some of them pay for others

[15:23] {nemo} qcom sitting near day's highs

[15:23] {Threei} and that's what will tear whol;e thing apart

[15:24] {Les} that's what I am thinking of

[15:24] {Les} how long before they realise they have to cough up the cash

[15:24] {Les} and pay the consequence in their own country

[15:25] {Les} GDX

[15:26] {Les} and how they will each respond to their own govts.

[15:30] {magoo} AOL rotting

[15:30] {RonS} Democrats Threaten Dramatic All-Night Filibuster Showdown On Financial Reform

[15:30] {RonS} ooh, scary...

[15:31] {magoo} yea..the whole group of 6 who actually are working

[15:33] {shorty} ISSI Threei, see a set up?

[15:34] {Threei} nope

[15:35] {Les} gdx selling off

[15:37] {shorty} How about BRCM?

[15:38] {Threei} what formation do you see in either?

[15:39] {shorty} ISSI is trending.....BRCM is at a res.

[15:40] {Threei} setup comes from chart formation

[15:40] {Threei} familiar, recognizable, providing a scenario

[15:40] {Threei} "trending" is a state, not a formation

[15:40] {Threei} do I make sense?

[15:41] {shorty} yes

[15:42] {Les} talk about taking profits gdx

[15:43] {nemo} look at aem

[15:43] {Les} I had to choose SLW as my short. strongest of the bloody lot

[15:43] {nemo} puerile of you

[15:43] {larisa} lol

[15:43] {Les} hehehe

[15:44] {Threei} lol

[15:47] {Les} hmm vxx

[15:48] {Les} .50 break worth a try?

[15:48] {Threei} UI wouldn't

[15:48] {Threei} I

[15:48] {Les} ok

[15:48] {Threei} spiked vertically

[15:49] {Les} too far too fast?

[15:49] {Threei} how do you decide which point is "no chasing" anymore, beyond resistance bvreak?

[15:49] {Threei} .40, .50, .55

[15:49] {Threei} they are all the same, points on the vertical spike

[15:49] {Threei} one of them will be the last one

[15:50] {Threei} see what I mean?

[15:50] {Les} yeh

[15:50] {Threei} .20 break, yes

[15:50] {Threei} little consolidation and .30 break, well,

[15:50] {Threei} questionable but could be

[15:50] {Threei} beyond that, it's already timeto look for exit

[15:51] {dptl} good evening all

[15:51] {Threei} not be a part of crowd blindly buying with no regard to setups

[15:51] {Threei} shorty, see what I mean by setups, chart formations?

[15:51] {Threei} take care dp

[15:51] {shorty} Bye dptl

[15:51] {shorty} I do

[15:52] {shorty} With BRCM, .51 or .56 break, would you hace considered

[15:55] {shorty} Between 14:55 and 15:15 on BRCM, would that be consolidation?

[15:56] {Threei} more or less, yes

[15:56] {nemo} qcom finishing near highs

[15:56] {shorty} I am starting to see the style, or the pattern.

[15:57] {shorty} A couple more months with you guys and I should be able to see it clearly.

[15:57] {Threei} thank you all guys

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

[15:58] {Threei} see you tomorrow

[15:58] {nemo} We'll send you the jacket with very long sleeves

[15:58] {Les} night all. c u's tomorrow

[15:58] {nemo} c u

[15:58] {larisa} bye

[15:58] {shorty} Bye all

06[15:58] * Les slaps Les around a bit with a large trout

[15:58] {magoo} ty all

[16:06] {Threei} PALM *HPQ ACQUIRING COMPANY FOR $1.2B

Apr 27 2010

Beautiful strong performance for the day, with a lot of nice juicy trades on both sides, long and short. MGM, LVS, AIG, MOS - some of them a few times and most for much more than scalps.

Session Time: Tue Apr 27 00:00:01 2010

[08:05] {magoo} mornink comrades

[08:35] {Threei} X

[08:35] {Threei} United States Steel Corp Reports Q1 -$1.10 v -$1.43e, R$3.9B v $3.8Be

[08:36] {Threei} UAUA

[08:36] {Threei} UAL Corp Reports Q1 adj -$0.55 v -$0.90e, R$3.87B v $4.2Be

[08:36] {Threei} - Q1 CASM +8.6% y/y

[08:36] {Threei} - Q1 RPM (revenue passenger miles) +2.6 y/y

[08:36] {Threei} - Q1 ASM (available seat miles) -3.3% y/y

[08:36] {Threei} - Q1 Load factor 80.4% v 75.7% y/y

[08:36] {Threei} Ford Motor Co Reports Q1 $0.46 v $0.31e, R $28.1B v $31Be

[08:36] {Threei} - Now expects to deliver solid profits this year with positive Automotive operating-related cash flow

[08:43] {dptl} good morning

[08:43] {Threei} dp :)

[08:43] {Threei} GR) Reportedly Greece Civil Servants Union to participate in planned May 5th stike

[08:43] {Threei} but of course

[08:43] {Threei} how dare you cut our anything

[08:50] {ese} morning

[08:50] {Threei} ese :)

[08:50] {nemo} dude

[08:51] {ese} dude

[08:54] {shorty} Good morning

[08:54] {ese} shorty

[08:54] {Threei} shorty :)

[08:56] {shorty} GS shorted the housing market, and that is why they are being investigated? long story short

[08:56] {shorty} Was watching msnbc and caught a bit of it

[08:57] {Threei} lol

[08:57] {Threei} how dare they profit from the fall

[08:57] {Threei} [15:56] {Threei} grest

[08:57] {Threei} [15:56] {Threei} GS shorting mortgages now is being labeled as "betting agains America"

[08:58] {Threei} [15:57] {Threei} history repeats... just as Jese Livermore was blamed with his shorting 1929

[08:58] {shorty} ty Threei

[08:58] {shorty} I am a bit ADD

[09:00] {Threei} *(US) S&P/CASE-SHILLER HOME PRICE INDEX: 144.03 V 145E; COMPOSITE-20 INDEX (Y/Y): +0.6% V-0.1%E

[09:00] {Threei} - prior revised from 145.32 to 145.27

[09:00] {Threei} *(GE) GERMANY APR CPI NORTH RHINE WESTPHALIA M/M: -0.2% V 0.6% PRIOR; Y/Y: 0.8% V 1.2% PRIOR

[09:08] {Threei} Tuesday, April 27, 2010 9:02:37 AM

[09:08] {Threei} (GR) Greece Fin Min Papaconstantinou: Need for credit adjustment is greater after deficit to GDP revision to 13.6%

[09:08] {Threei} - Expects the EU-IMF talks to conclude next week

[09:08] {Threei} - Talks with EU/IMF must be completed by May 19th, deemed as a pivotal date

[09:08] {Threei} - Is "absolutely sure" will have funds by May 19th

[09:08] {Threei} - No room to waver from budget targets

[09:08] {Threei} - Says is prepared to "clash on making reforms"

[09:08] {Threei} - *** Insight: May 19th corresponds maturity of 8.5B of deb

[09:10] {larisa} gm :)

[09:10] {Threei} larisa :)

[09:11] {shorty} gm

[09:11] {fernp} Good morning everybody

[09:11] {Threei} fern :)

[09:11] {Threei} shorty you forgot... you already greeted us

[09:11] {RonS} gm all

[09:11] {Threei} ron :)

[09:12] {shorty} larisa back from vacation

[09:12] {shorty} Also, did you not read the ADD part THreei?

[09:12] {Threei} I did

[09:12] {Threei} I also noticed she was back from vacation yesterday...

[09:12] {dino} gm all

[09:12] {Threei} dino :)

[09:12] {shorty} lol

[09:12] {larisa} gm shorty :)

[09:13] {shorty} Well, my bad.

[09:18] {Threei} GS not finding firm footing

[09:21] {dino} caveman (cavm), amed, nty, cmi

[09:24] {lasertrev} good morning

[09:24] {Threei} trev :)

[09:26] {Threei} no single clear play for the open

[09:27] {Threei} F is on radar

[09:28] {Threei} 14.60 is 52 week high break

[09:29] {jfjf64} mornin

[09:29] {Threei} jf :)

[09:31] {magoo} rimm trying

[09:31] {Les} pain in the butt server

[09:31] {Les} morning

[09:31] {Threei} les :)

[09:32] {Threei} Long Setup: F .25 break if stays above .20

[09:32] {Threei} and 5 cents ranges cross if loses it

[09:32] {magoo} GS spike

[09:33] {Threei} CFO: Continues to explore "alternative funding options" - conf call comm

[09:33] {Threei} cc in progress...

[09:33] {Threei} don't like it

[09:33] {Threei} who knows what they are saying in there

[09:36] {Threei} PALM Strength attributed to Globe & Mail article circulating that discusses whether RIMM might be interested in PALM

[09:37] {Les} dino, what's on your screen today?

[09:38] {nemo} [09:21] {dino} caveman (cavm), amed, nty, cmi

[09:38] {Les} my bad

[09:38] {Les} ty

[09:39] {Threei} WFC

[09:39] {Threei} interestingly strong

[09:39] {dino} nty sm l .90

[09:40] {magoo} news FCX vad??

[09:41] {Threei} no

[09:41] {Threei} Long Setup: WFC .72 break if holding .65

[09:43] {dino} nty to b/e

[09:44] {Threei} 07:52 AMRN Leerink Swann Initiates AMRN with Outperform

[09:44] {shorty} got 1:1 on WFC ty

[09:44] {Threei} half out WFC

[09:44] {Threei} scalpers are scalpers of course

[09:46] {Threei} and they win again

[09:47] {Les} fitb .60 break?

[09:47] {Threei} yes

[09:47] {dino} stop to .31 nty

[09:47] {dino} out +.41

[09:47] {Threei} stop under .55 for scalpers, .50 for daytraders

[09:48] {nemo} well, fitb scalps are usually day trades

[09:48] {Threei} lol

[09:48] {Les} stopped

[09:49] {Threei} US) Preview: April Consumer Confidence due out at 10:00ET

[09:49] {Threei} **consensus expectation: 53.5e v 52.5 prior

[09:49] {Threei} - estimates range between 48 to 57

[09:49] {Threei} US) Preview: April Richmond Fed Manufacturing Index due out at 10:00ET

[09:49] {Threei} **consensus expectation: 10e v 6 prior

[09:49] {Threei} - estimates range between 7 to 11

[09:53] {dino} f l .00

[09:54] {dino} guess who's on tv?

[09:54] {nemo} Brooke Burke

[09:54] {Threei} bragging about his fiscal responsibility, no less

[09:54] {dino} i wish

[09:55] {nemo} makes 2 of us

[09:55] {Threei} CNLG Strength attributed to chatter CNLG could get significant follow on orders for detector pdts (1.76, +0.14, 8.64%)

[09:59] {dino} cymi sm l .81

[09:59] {Threei} *(US) APRIL RICHMOND FED MANUFACTURING: 30 V 10E

[09:59] {Les} thanks for heads up dino. caught the short side of your NTY long out +.78

[10:00] {Threei} *(US) APRIL CONSUMER CONFIDENCE: 57.9 V 53.5E

[10:00] {Threei} (US) Fed Chairman Bernanke: US needs to start cutting budget deficit soon

[10:00] {Threei} no really?

[10:00] {Threei} how soon?

[10:00] {Les} awww he's a nice guy that Bernanke

[10:00] {Les} looking out for joe six pack

[10:01] {dino} gj les

[10:03] {Threei} DARA Enters Into a Clinical Trial Collaboration With the Division of Cancer Prevention (DCP), National Cancer Institute (NCI) for the Clinical Development of KRN5500

[10:03] {magoo} AIG interesting vad

[10:04] {Les} stopped F -.11 looks like its got further to go

[10:06] {Les} did F miss street estimates?

[10:06] {Threei} no

[10:06] {shorty} I heard they are having Q1 profit

[10:06] {Threei} look HLIT daily

[10:06] {shorty} sell on good news, buy on bad news?

[10:06] {fernp} WFC .80 break, Vad?

[10:07] {Threei} not sure fern

[10:07] {Threei} probably

[10:07] {Threei} senate hearings on GS started

[10:07] {Threei} anything can happen in financials

[10:07] {fernp} true

[10:07] {fernp} i'll pass

[10:08] {Threei} MGM 1 min looks interesting

[10:08] {Threei} for .30 break

[10:08] {jfjf64} lk

[10:09] {jfjf64} hold .25

[10:09] {Threei} for a scalp, yes

[10:09] {Threei} .20 for a bigger trade

[10:09] {jfjf64} ty

[10:09] {dino} nty

[10:10] {Threei} and, if market starts upward, HLIT is a brweak trade with target abour 7.50

[10:11] {Les} hlit trigger is break here?

[10:11] {nemo} rimm on a roll

[10:12] {fernp} HLIT what was the entry, Vad?

[10:12] {fernp} .20 break?

[10:13] {Threei} look cnn

[10:14] {Threei} jeez

[10:14] {Threei} saw that?

[10:14] {Threei} .27 fern

[10:15] {Threei} to trigger 52 week high break scanners

[10:15] {magoo} FTBK at it

[10:15] {fernp} ty

[10:16] {Threei} come on, anyone cauight Ukraine parliament fight on CNN?

[10:16] {Threei} eggs flying at speakers, those cover themselves with umbrellas

[10:16] {shorty} no, TV is in the other room.

[10:16] {Threei} smoke bomb

[10:16] {Les} l NTY .60

[10:16] {nemo} frickin' Jerry Springer

[10:16] {Threei} totally

[10:18] {dino} pwrd sm l .60

[10:21] {Les} out +.38 NTY

[10:22] {magoo} FTBK out + .50

[10:22] {Threei} wtg

[10:22] {shorty} nice guys

[10:22] {magoo} took 6.04 out .57

[10:22] {Threei} (you are as crazy as FTBK itself)

[10:22] {magoo} [10:15] {magoo} FTBK at it

[10:22] {Les} :( I didn't catch break

[10:23] {fernp} what is the stop for HLIT, Vad?

[10:24] {Threei} deopends on your objectives

[10:24] {nemo} .22 for scalpers,

[10:24] {Threei} under .20 for a scalp, obviously

[10:24] {fernp} pesky :-)

[10:24] {Threei} but if you look at daily,

[10:24] {Threei} see the thrust it's capable of,

[10:24] {fernp} yes, nice daily

[10:24] {Threei} believe in market help and want to give it a chance

[10:25] {Threei} 7.10 is it

[10:25] {larisa} some asian guy behind GS exec can not stop smiling listening to Levin. looks so happy

[10:25] {fernp} ok. i'll do an umbrella trade. ty

[10:25] {nemo} and .27 is entry, yes?

[10:26] {fernp} yes nemo

[10:27] {dino} kangaroo court

[10:27] {nemo} stage show

[10:28] {magoo} GRAN

[10:28] {magoo} GRAN

[10:30] {jfjf64} gnw short .25 break

[10:30] {magoo} a nutso one

[10:30] {magoo} gran

[10:31] {magoo} vad news?

[10:31] {ese} you thinkin about gettin in there mags.....

[10:31] {larisa} merger rumor

[10:31] {ese} been watching that one too this morning

[10:31] {magoo} has potential..NOT in

[10:32] {magoo} ty lar

[10:33] {Threei} np

[10:33] {Threei} no news that was

[10:35] {magoo} AIG was gonna call .50, missed

[10:36] {dino} sm l .25 amed, risky

[10:38] {magoo} hooker spread dio

[10:38] {magoo} dino

[10:38] {dino} indeed

[10:38] {magoo} not that i would know

[10:39] {dino} tiger would

[10:39] {nemo} bad

[10:41] {magoo} mkts green, been awhile lol

[10:41] {Threei} lol

[10:41] {Threei} I don't get much following though

[10:41] {Threei} not many stocks clearly follow indices

[10:42] {jfjf64} strong gs lol

[10:42] {magoo} are there any stocks in the indices vad?

[10:42] {dino} seing the same 3i, scalpers type market, lots of rinses

[10:42] {jfjf64} cant kill da MONSTER

[10:42] {Les} s CMI .92

[10:43] {Threei} mags... say what?

[10:43] {dino} les dabbling on the dark side today

[10:43] {magoo} gotcha:)

[10:44] {Threei} lol

[10:45] {magoo} just exited remaing wfc .91 ty vad

[10:45] {jfjf64} gnw ready

[10:46] {nemo} aren't you shorting into support on the 5 minute chart

[10:46] {Les} somebody talking to me?

[10:47] {nemo} never

[10:47] {nemo} JF

[10:47] {Les} bon

[10:47] {nemo} cest bon

[10:48] {Threei} ECB's Tumpel-Gugerell: ECB is opposed to full fair value accounting; global accounting standards and banking rules should be consistent worldwide

[10:48] {Threei} - calls for implementation of rules worldwide on a wind down of systemic banks who are failing

[10:48] {Threei} - calls for a forward looking accounting methodology

[10:52] {jfjf64} 1/1

[10:57] {Threei} *(PO) S&P CUTS PORTGUAL RATING TWO NOTCHES TO A- from A+; short term rating to A2 from A1; Outlook Negative

[10:57] {Threei} - Note; Fitch on 3/24 cut ratings one notch to AA- from AA

[10:57] {strider} dcc trev.

[10:57] {fernp} HD, Vad?

[10:57] {fernp} breakdown?

[10:57] {Threei} I hink so

[10:58] {fernp} ty

[10:58] {fernp} .96 stop, no?

[10:58] {Threei} or 36

[10:58] {Threei} both are valid

[11:02] {Threei} CME Sends letter to CFTC asking the agency no to adopt energy market position limits

[11:02] {Threei} why would CME care??

[11:03] {Raven} unlimited positions = more commissions

[11:04] {Raven} they want volume

[11:04] {Threei} oh wait

[11:04] {Threei} lol... line appeared first without that "no"

[11:04] {Threei} so I was shocked

[11:04] {Threei} while I copied they typed in one more word

[11:04] {Raven} lol

[11:06] {dino} sllllllllllaaaaaaaaaaaappppppppppppppp

[11:07] {Raven} lol

[11:07] {nemo} is this still Monday

[11:07] {nemo} ?

[11:07] {Threei} now full text is in, including typo correction:

[11:07] {Threei} Chicago Mercantile Exchange Holdings Inc Sends letter to CFTC asking the agency not to adopt energy market position limits

[11:07] {Threei} - Note: The CFTC has been evaluating whether to regulate certain energy products through the determination on whether a certain product performs significant price discovery functions

[11:07] {RonS} mos murder

[11:07] {dino} all ferts, pot, cf

[11:13] {Les} vad, is that shooting star on IOO daily?

[11:13] {Threei} I amd not a cnadlestick specialist les

[11:13] {Les} ok

[11:14] {RonS} mos i figure downside to 47.20 on the h&s break. PnF shows down to 42. POT PnF uptrend line at 106

[11:14] {strider} MOS

[11:15] {Threei} HD nice dive

[11:15] {fernp} out ty Vad

[11:15] {Threei} :)

[11:17] {strider} sh MOS 51

[11:19] {shorty} back in a little bit

[11:20] {Threei} Short Setup: LVS

[11:20] {Threei} .20 break

[11:20] {Threei} stop above .25 for scalpers

[11:21] {ese} in .18

[11:23] {ese} stopped .24

[11:23] {Threei} GR) S&P CUTS GREECE

[11:23] {Threei} something's worng ese

[11:23] {Threei} wrong

[11:23] {Threei} if it was a scalp, it reached over 1:1

[11:23] {Threei} if not, why such a weird stop

[11:24] {ese} one print at .25 triggered it

[11:24] {Threei} S&P CUTS GREECE TO BB+ (now junk status); outlook Negative

[11:24] {strider} cover MOS .88 +.12

[11:24] {Threei} wait..

[11:24] {ese} no big deal.....i short small.......500shs

[11:24] {Threei} .25 was not a stop trigger, .25 break was,

[11:24] {Threei} and again, it went to .12

[11:24] {shorty} covered .12

[11:25] {Threei} which is over 1:1 for a scalp

[11:25] {ese} hmmmmmmm

[11:25] {Les} out .07 ty

[11:25] {Threei} over 1:1 for a day trade now

[11:25] {strider} out LVS .12

[11:25] {Threei} just played it wrong

[11:26] {fernp} ty Vad was nice

[11:26] {shorty} ty Threei

[11:26] {nemo} out mos 59

[11:26] {nemo} .59

[11:26] {Threei} MOS beauty

[11:26] {Threei} this Greece cut sent maarket screaming down

[11:27] {Threei} (as it was a surprize that Greece situation is really bad)

[11:27] {Les} nice one nemo. I abandoned MOS for LVS. tight budget

[11:28] {nemo} I was playing both, I woulda' got out of MOS earlier but I was watching LVS

[11:28] {Threei} read full text, it's perrty damning}:

[11:28] {Threei} *(GR) S&P CUTS GREECE THREE NOTCHES FROM BBB+ TO BB+ (now junk status); outlook Negative

[11:28] {Threei} - S&P: The negative outlook reflects the possibility of a further downgrade if the Greek government's ability to implement its fiscal and structural reform program materially weakens in our view, undermined by domestic political opposition at home or by even weaker economic conditions than we currently assume.

[11:28] {Threei} - "The downgrade results from our updated assessment of the political, economic, and budgetary challenges that the Greek government faces in its efforts to put the public debt burden onto a sustained downward trajectory, In our revised projections, we forecast Greece's net general government debt-to-GDP ratio reaching 124% of GDP in 2010 and 131% of GDP in 2011. "

[11:29] {magoo} ugly out there

[11:29] {Threei} OK, bounce time

[11:29] {Les} some knifecatching

[11:29] {Threei} EUR/USD Moves to fresh session lows after Greece downgrade

[11:30] {magoo} F destroyed

[11:30] {Threei} AIG

[11:30] {Threei} stop under .10

[11:30] {nemo} what was the break, .20?

[11:30] {Threei} ugh... too fast, .15 break was a trigger

[11:30] {Threei} ok, second chance

[11:31] {Threei} 1:1 easy

[11:31] {Threei} 1:2

[11:31] {Threei} 1:3, my a$$ out

[11:31] {magoo} out here .43 TY

[11:31] {Les} out .45 ty

[11:32] {Threei} welcome guys

[11:32] {shorty} nice, sat out on that one

[11:32] {magoo} NICE vad

[11:32] {Threei} magoo is crying bitterly

[11:32] {Les} 6 months on shorty

[11:32] {Threei} know why magoo is crying?

[11:32] {nemo} yep

[11:32] {Threei} magoo can't say "vad is sleeping through this"

[11:32] {Les} I can control my heart beat a lot better doing trades like that

[11:32] {shorty} Les..?

[11:32] {magoo} i was typing it when u posted call

[11:32] {Les} less fear

[11:32] {Les} more calculation

[11:33] {Threei} perfect timing on bounce catch... rarely do I do this

[11:33] {Threei} larisa is typing "and you call yourself trend follower?" as we speak

[11:33] {larisa} exactly :)

[11:34] {Threei} hehe

[11:34] {Les} out cmi .92 +1.00

[11:34] {shorty} nice one Les

[11:34] {Les} I am outta here for the day

[11:35] {shorty} I would

[11:35] {Les} c u's tomorrow

[11:35] {magoo} LES WAITTTTTTTTTTTTTTTTTTTTT

[11:35] {Les} duck

[11:35] {Threei} lol

06[11:35] * magoo slaps Les around a bit with a large trout

[11:35] {shorty} But, I like trading so much that I would probably stay.

[11:35] {Threei} take care Lesa

[11:40] {RonS} ftbk held up really well on that selloff

[11:40] {Threei} true

[11:41] {Threei} you know what irritates me the most about all this hearings and whole GS hoopla?

[11:41] {Threei} constant mention of "morals"

[11:41] {Threei} how come structural problem, systemic problem turned into moral problem?

[11:42] {Threei} since when morals should drive accounting?

[11:42] {Threei} design frikin system so it would lead to certain results you want

[11:42] {shorty} No logic to it Threei.

[11:42] {Threei} instead of designing system full of holes, then complain about those who live by its rules being "immoral"

[11:43] {Threei} more than that:

[11:43] {RonS} ...yes there is logic...keep seat and conduct shakedowns to keep money flowing

[11:43] {Threei} god save me from living in society where behsvior of economic elements is dictated by morals

[11:43] {RonS} nok knocked

[11:43] {Threei} since morals differ from society to societyu and individual to individual, that would be total and absolute unpredictable chaos

[11:45] {Threei} one thing truly pleases me today: canadian dollar

[11:45] {Threei} look at it hitting the skids

[11:46] {RonS} ...just curious...why does this please you?

[11:46] {Threei} 'cause I make money in US dollars

[11:46] {Threei} and then convert to canadian

[11:47] {RonS} ...makes sense...

[11:47] {Threei} except part I keep in US for purchases across the board or for trips

[11:47] {Threei} in USD I mean

[11:47] {RonS} ha...you can hedge yourself with derivatives :)

[11:47] {Threei} too lazy for that :)

[11:48] {shorty} Speaking of lazy, anymore stock picks Threei?

[11:49] {nemo} yeah, enough of philosophical pontification

[11:49] {dino} well, look at the gs attacks this way. everybody who shorted today bet against american business. that is how pathetic a case it is. they just hate sdhorts because they don't understand it

[11:50] {dino} its the obamination theme; evil shorts evil speculators

[11:50] {larisa} problem is not they are shorting, they went opposite of their clients. ALL serving companies come up with mottos like "our customers are the most important thing" etc. Just be honest and say "we are trying to screw you out of your money"..

[11:51] {RonS} ...human kind has had and will always have scapegoats

[11:51] {shorty} There was a good interview this morning (msnbc or cnbc) about this dino, with a hedge fund manager William Ackman.

[11:51] {Threei} larisa, any broker selling to a client as principal goes against him

[11:51] {dino} larisa, when i flip a house i am going against my "customer"; same w/car dealers, etc

[11:51] {Threei} only broker acting as agent doesn't

[11:52] {Threei} and these products had no open market

[11:52] {Threei} so no agency role for a broker

[11:53] {Threei} the only accusation that is valid is:

[11:53] {Threei} the product was designed top fail

[11:53] {Threei} that's what they need to prove

[11:53] {Threei} if they don't, the rest is pure unbridled bs

[11:54] {RonS} ...if we spend another 30 minutes down here with no bounce, i think we start seeing more selling...imo

[11:55] {RonS} wow...euro at 1.3237

[11:56] {Threei} I don't know why it still exists

[11:57] {RonS} ...pan- Europeanism...as in Peter Pan. Plus, US envy...as in penis envy

[11:57] {dino} hmmmm, buy the dips imo

[11:58] {Threei} overall, yes dino, I bel.ieve that is what is going to happem

[11:58] {Threei} this market pullback will be bought

[11:58] {Threei} not sure about today though

[12:00] {dino} today

[12:00] {dino} you forget, i am 3 hours ahead of you

[12:01] {Threei} oh yes

[12:01] {Threei} larisa, you missed it

[12:01] {Threei} while you were vacationing, we made a few bets

[12:01] {larisa} "Goldman Sachs has a culture of developing people who work very, very hard at their business careers and then have a very strong view of the importance of giving back to society " My point is, if they have a need to comuflage (sp) their actions with "good", others have a right to accuse them of not doing it :) to your question of morals.

[12:02] {Threei} and he beat me to a punch

[12:02] {larisa} what bets? :)

[12:02] {Threei} on market closings

[12:02] {larisa} lol

[12:02] {dino} a bit biased

[12:02] {Threei} then turned out, living three hours ahead of me, he just knew answers

[12:03] {larisa} he should share more

[12:04] {Threei} I don't even understand how shorting housing market back in 2007 was immoral

[12:04] {Threei} isn't it a subject of a job of any trader worth his salt to determine market ditrection and take according position?

[12:05] {Threei} how did it become "betting against America"?

[12:05] {dino} thats my point

[12:05] {dino} they could go after us for shorts

[12:05] {dino} slippery slope

[12:07] {Threei} look at AIG chart at the moment of the call... 5 cents from bottom

[12:07] {fernp} RAI, any read, vad?

[12:07] {fernp} 54 break long?

[12:08] {Threei} most likely yes but I'd feel a lot safer if it consolidated for a few min more

[12:08] {fernp} yes

[12:08] {fernp} ty

[12:11] {dino} amed to .01

[12:12] {magoo} AIG likes to return to that 38-39 level

[12:12] {magoo} sheesh, itwas 45

[12:12] {dino} out amed .01, +.76

[12:13] {Threei} RAI holding very well so far

[12:13] {Threei} if market selling subsides while it's holding right here, should do well on bounce

[12:14] {Threei} nah, lost support

[12:14] {nemo} look for rimm to go now

[12:15] {dino} fcx blood

[12:16] {dino} fcx gap around 75.25, feb

[12:16] {RonS} .vix up 21%

[12:16] {dino} fed meets today and tomorrow

[12:20] {dino} f getting some back

[12:22] {Threei} (GR) IMF Chief: Greece situation will be difficult even with the support of the IMF; a China currency revaluation is in its own interest

[12:22] {Threei} - Believes Greece's situation was unsustainable without IMF help.

[12:22] {Threei} - Yuan revaluating is clearly in China's interest; would reduce inflationary pressures

[12:26] {dino} elx l .51

[12:31] {Threei} feels to me we are forming bottom

[12:32] {Threei} let's start trying?

[12:32] {Threei} Long Setup: LVS .75 break

[12:32] {nemo} fcx might be getting ready too

[12:35] {Threei} not a scalp for me

[12:35] {Threei} 1:1

[12:36] {Threei} half out

[12:36] {Threei} .83

[12:36] {nemo} fcx went too

[12:36] {shorty} out ty

[12:37] {Threei} yw

[12:37] {nemo} yes, ty

[12:37] {Threei} sure thing

[12:37] {Threei} good one on FCX

06[12:37] * Threei slaps magoo around a bit with a large roll of cash

06[12:37] * Threei slaps jfjf64 around a bit with a large roll of cash

[12:38] {magoo} huh? sorry, was counting greenbacks

[12:38] {Threei} lol

[12:38] {jfjf64} lol

[12:38] {Threei} offer 1/4 more at .87 - .89

[12:39] {Threei} stop under b/e of course

[12:39] {Threei} in case we are mistaken and it's not THE bottom for the day

[12:40] {Threei} Preview: (US) Treasury's $44B 2-year note auction results due just after 1PM ET

[12:40] {Threei} - no change in size from previous auction

[12:40] {Threei} - Prior bid to cover ratio 3.00 with an average of 3.10 over the last 10 auctions

[12:40] {Threei} - Indirect bidders took 34.8% of competitive bids at last auction with 13.8% allotted at the high

[12:40] {Threei} - The 2-year when issued yield of 1.01% is roughly 5 basis points above the cash market

[12:41] {Threei} second target hit

[12:42] {Threei} offer last portion .94-.95

[12:42] {Threei} not too shabby for 5 cents stop

[12:43] {jfjf64} ya da man

[12:43] {jfjf64} ty

[12:43] {nemo} yada man?

[12:43] {Threei} welcome kind sir

[12:43] {Threei} not you nemo

[12:43] {nemo} wrong species

[12:43] {jfjf64} think need nother slap

06[12:43] * nemo slaps jfjf64 around a bit with a large trout

[12:44] {jfjf64} sorry gv to NEMO

06[12:44] * nemo slaps jfjf64 around a bit with a large trout

[12:45] {jfjf64} LUV ITTTTTTTTTTTTTTTTTT

[12:51] {Threei} third and last target's hit

06[12:51] * Threei dislocates his shoulder in attempt to pat himself on the back with double speed

[12:52] {Threei} (GR) Greek Govt Spokesman: S&P downgrades today prove debt issue is a wider problem, not just Greece

[12:52] {Threei} - Would like to wrap up talks with EU/IMF as soon as possible to get aid flowing.

[12:52] {Threei} - Insists Greece is doing all it can to wrap up the deal with the IMF and the EU, calm markets.

[12:59] {RonS} mags...pos banque du jour...bbx

[13:02] {Threei} *(US) TREASURY'S $44B 2-YEAR NOTE AUCTION DRAWS 1.024%; BID-TO-COVER RATIO: 3.03 V 3.00 PRIOR AND 3.10 AVE OVER LAST 10 AUCTIONS

[13:02] {Threei} - indirect bidders take 31% of competitive bids, direct bidders take 21%

[13:02] {Threei} primary dealers take 63.4%.

[13:02] {Threei} - 63.6% alotted at the high

[13:02] {Threei} AIG GAO Report: AIG's insurance business is showing signs of recovery

[13:03] {jfjf64} think

[13:06] {Threei} AIG remains heavily reliant on federal assistance to meet its liquidity needs.

[13:06] {Threei} - Dropping from their recent peak in May 2009, AIG CDS premiums have decreased and appear to be returning to precrisis levels.

[13:06] {dino} react

[13:07] {magoo} bummed i missed FCX

[13:09] {Threei} .50 break should be AIG launching pad

[13:09] {Threei} no call, highly discretionary

[13:19] {Threei} wow, even with that exit we underestimated LVS

[13:20] {magoo} ls got me good yesterday

[13:20] {magoo} hate that one

[13:20] {Threei} worked like charm today

[13:20] {Threei} 3 times

[13:21] {magoo} e??..ok

06[13:21] * magoo slaps Threei around a bit with a large trout

06[13:21] * magoo slaps Threei around a bit with a large trout

06[13:21] * magoo slaps Threei around a bit with a large trout

06[13:21] * Threei disappears in the abyss of alcohol-induced consolation

[13:21] {jfjf64} slap NEMO TOO what the heck

[13:21] {Threei} lol

[13:21] {Threei} really

06[13:21] * magoo slaps nemo around a bit with a large trout

06[13:22] * nemo slaps KSystems around a bit with a large trout

[13:22] {jfjf64} lol

[13:22] {Threei} slapfest

06[13:22] * nemo slaps Threei around a bit with a large trout

[13:22] {Threei} the only problem is, frequent repetition of the word trout in the log attracts anglers

[13:23] {Threei} they search internet for their gear or whatever, and stumvle onto our log

[13:23] {Threei} lol

[13:23] {jfjf64} thats all we need

[13:23] {Threei} which is why my slaps are so much more inventive

06[13:23] * Threei slaps jfjf64 around a bit with a large roll of cash

06[13:23] * Threei slaps fernp around a bit with a large scalping course

06[13:24] * Threei slaps dptl around a bit with a large bottle of Grey Goose

[13:24] {jfjf64} what nemo get

06[13:24] * Threei slaps nemo around a bit with a large chart of uptrending market

06[13:24] * Threei slaps magoo around a bit with a large daytrading course

06[13:24] * Threei slaps shorty around a bit with a large Master Profit Plan

06[13:25] * Threei slaps Alert around a bit with a large daytrading course

[13:25] {Threei} wropng one

[13:25] {jfjf64} shorty where is shorty today

06[13:25] * Threei slaps Alert around a bit with a large book of Techniques of Tape Reading

[13:25] {dino} feeling left out

[13:25] {fernp} Vad, are you aggressive today?

06[13:25] * Threei slaps dino around a bit with a large time machine

[13:25] {fernp} or as usual?

[13:25] {jfjf64} best for last dino

[13:25] {Threei} as usual... just less restrained

[13:25] {dino} nty close to lod

[13:25] {fernp} that's good

[13:25] {dino} lol

06[13:26] * Threei slaps Raven around a bit with a large apology for slapping him

[13:26] {Threei} GR) Germany Fin Min Schaeuble: Germany will not let Greece down

[13:26] {magoo} i would have preferred the vodka, have the tade book (and havent read it yet) but drank all the vodka in office

[13:27] {Threei} {German taxpayers} no really?

[13:27] {dino} the euro is doomed

[13:28] {Threei} IMO, only a matter of time

[13:29] {fernp} thank you guys

[13:29] {Threei} sorry fern... just a reality

[13:29] {fernp} i know

[13:29] {dino} elx to ,67

[13:30] {Threei} it may seem impossible... but those who lived through collapse of Soviet Union know all too well, nothing is

[13:30] {jfjf64} nothin is

[13:30] {fernp} forever?

[13:30] {fernp} lol

[13:31] {jfjf64} lol

[13:31] {Threei} seemingly invincible machine wioth tentacles everywhere, controlling everything and everyone, seaced to exist in front of our very eyes in a matter of months

[13:31] {Threei} ceased too

[13:33] {Threei} and it was established over 70+ years, two wars, several generations knowing no other life and brainwashed to no end

[13:33] {Threei} EU is but an awkward teenager vs that

[13:34] {Threei} market is likely to stall here for a while, or retreat

[13:34] {Threei} no firmn read

[13:34] {Threei} firm

[13:35] {nemo} it's at 200 ma

[13:36] {dino} out elx .68, +.17

[13:36] {Threei} be back in 30

[13:36] {RonS} nice dino

[13:38] {dino} ty

[13:42] {shorty} jfj64 I am here. Had to pick up my daughter at school.

[13:43] {shorty} jfjf64

[13:44] {shorty} Threei went on a slapping spree.

[13:45] {ese} am outta here......to much going on to concentrate on the markt...see ya tomorow

[13:45] {shorty} Bye ese

[13:45] {ese} se ya shorty

[13:47] {jfjf64} hey shorty

[13:48] {jfjf64} see ya

[13:48] {dino} cagc l .99

[13:49] {shorty} Dino, short ZION at res here you think? or too risky

[13:51] {dino} looks up to me

[13:52] {dino} higher hi higher lo

[13:52] {shorty} ty....

[13:53] {shorty} Do you look mostly at 1 min or 5 min charts?

[13:53] {shorty} I think I asked a couple of weeks ago, I don't remember.

[13:53] {dino} 1 min, 1 day; 15 min 5 day

[13:54] {dino} then 120 day, 52 week

[13:54] {shorty} SMA?

[13:55] {dino} y

[13:55] {dino} nty

[13:57] {dino} dsw

[13:58] {dino} f around .80 support imo

[13:59] {dino} pega lod

[14:04] {dino} air pocket

[14:11] {Threei} UAUA

[14:11] {Threei} UAL Corp CEO: encouraged to see "early signs" of business flier demand growth - conf call

[14:11] {Threei} - "significantly , we are not adjusting full year costs guidance," even with the effects of winter storms.

[14:16] {magoo} theyt took granny (gran) out backk and clubbed here

[14:16] {shorty} lol....?

[14:35] {RonS} glw down 3%...earnings a.m. near lod

[14:36] {shorty} Threei...RCII?

[14:36] {Threei} oo thin

[14:36] {Threei} I wouldn't touch it

[14:36] {shorty} ty

[14:41] {shorty} One more Threei....FORM

[14:42] {shorty} I play 200 shares usually, but it looks thin like RCII

[14:44] {Threei} I just don't see any setup on it

[14:46] {strider} dino, you still in CAGC?

[14:48] {dino} yes, but not happy w/it

[14:49] {shorty} One more....STSA

[14:49] {dino} watching pega, fcx, f

[14:55] {jfjf64} gld

[14:56] {jfjf64} 2010 high

[15:06] {dino} well, the euro is going to hell, greek debt is being sold as its junk, need to buy dollars or gold

[15:16] {Threei} (GR) ECB's Nowotny: No reason exists for investors to accept a 'haircut' on Greece bonds

[15:16] {Threei} - feels that there are no reasons for contagion fears considering recent downgrades of Portugal and Greece

[15:18] {dino} lol

[15:18] {dino} next they'll say its the shorts fault

[15:20] {dptl} good evening all

[15:20] {RonS} cya dp

[15:20] {Threei} take care dp

[15:20] {shorty} Bye dptl

[15:20] {fernp} bye dp

[15:24] {dino} cya dp

[15:25] {shorty} ss .77 CIEN 5-6 cent risk

[15:29] {shorty} out +7

[15:29] {nemo} wow, 7 dollars!!!!

06[15:29] * larisa slaps nemo around a bit with a large trout

[15:30] {shorty} Ty larisa......

[15:30] {nemo} Lari, I love any attention I get from you :)

[15:30] {larisa} lol

06[15:30] * Threei hands larisa 12-gauge - attend with this!

[15:30] {shorty} lol

06[15:31] * nemo crawls in cave...closes door...grabs teddy...pulls blanket over head

[15:32] {Threei} IMF considering increasing its share of Greece aid package by 10B amid fears the 45B plan will not be enough - FT

[15:32] {Threei} - currently the EU has proposed providing 30B and the IMF 15B, but some speculation has circulated that the package could be boosted to as much as 70B.

[15:35] {dino} cagc stopped

[15:37] {Threei} EUR/USD Moves below 1.32 for the first time this year

[15:37] {Threei} - dealers continue to eye 1.3070 as key level (long term uptrend line going back 8 years)

[15:46] {Threei} ok, look at GS

[15:46] {Threei} what do you see?

[15:47] {Threei} am I hallucinating?

[15:47] {Threei} or is it one of rare isnalds of green in a sea of red?

[15:47] {nemo} what...nobody believes the feds are gonna' do a damn thing

[15:47] {nemo} skip the dead people comment dino

[15:48] {Threei} lol

[15:48] {Threei} see arca .79 offer?

[15:48] {Threei} break of it is long

[15:49] {fernp} Good evening everybody. See u all tomorrow

[15:49] {Threei} take care fern

[15:49] {shorty} Byr fernp

[15:49] {shorty} Bye

[15:49] {Threei} too late

[15:50] {Threei} he left thinking you called him byr

[15:50] {shorty} lol

[15:50] {nemo} wonder if we break below 11k

[15:51] {nemo} Fed day tomorrow...oy vay

[15:51] {Threei} yeah

[15:51] {Threei} shrug

[15:51] {Threei} today prmoised to be as boring as monday

[15:51] {Threei} and turned great day

[15:52] {shorty} Good night everyone.

[15:53] {Threei} if everyone leaves, I will too

[15:53] {Threei} thank you all

[15:53] {Threei} have a good evening

[15:53] {Threei} see youi tomorrow

[15:54] {larisa} bye :)

[15:55] {dino} -3% s/p since fri highs

[15:56] {dino} -2.6 ndx

[15:57] {Threei} very nice selloff

[15:57] {Threei} we needed that

[15:57] {Threei} and hopefully more

[15:58] {Threei} gotta work off some excessive enthusiasm

[15:58] {dino} that has been it lately, 2.5 to -3%, then bounce

[16:00] {Threei} (US) White House's Orszag: All options are on the table for budget deficit commission

[16:00] {Threei} I know

[16:00] {Threei} let's raise tax to 100%

[16:01] {Threei} DVAX Two Phase 3 HEPLISAV Trials Cleared by DSMB to Continue Immunizations (3.64, +0.08, 2.25%)

[16:01] {strider} Then the govt. could just give everyone what they NEED.

[16:01] {Threei} eqzaktly

[16:01] {strider} sounds fair to a lot of people.

[16:02] {Threei} and tried already

[16:02] {Threei} over 70 years of experience

[16:02] {dino} bwld

[16:02] {Threei} - HEPLISAV is an innovative vaccine designed to protect against hepatitis B infection. The DSMB reviewed safety data from two ongoing multi-center Phase 3 trials evaluating HEPLISAV, one trial in adults 40 years and older, and a second trial in chronic kidney disease patients.

[16:02] {Threei} - The DSMB is comprised of an independent group of medical experts who are responsible for reviewing and evaluating subject safety data at regular intervals during the ongoing trials.

[16:03] {Threei} okay... left :)

Apr 26 2010

Not our day at all - narrow range, no follow through. Took a few early rinses, then cut activity down to a minimum. Couple wins on easier trades allowed to minimize loss for the day but still left it negative.

Session Time: Mon Apr 26 00:00:00 2010

[03:07] {KSystems} good morning1

[08:04] {magoo} brush your teeth, time to get up

[08:20] {Threei} good morning

[08:21] {nemo} arguable

[08:21] {Threei} of course

[08:21] {Threei} let me correct that

[08:21] {Threei} probably a good morning

[08:21] {nemo} drove to Maryland last night. about half the drive was through driving rain and thunderstorms. oy vay

[08:21] {Threei} yikes

[08:22] {Threei} fig

[08:22] {nemo} ?

[08:22] {Threei} wrong window... going over stocks of interst

[08:23] {Threei} FIG is one of them

[08:23] {larisa} gm :)

[08:23] {Threei} larisa!

[08:23] {larisa} vad :)

[08:23] {Threei} welcome back

[08:24] {larisa} ty

[08:30] {Threei} KERX is interesting

[08:32] {Threei} OIIM Issued Patent for Vehicle Emissions Analysis System

[08:57] {Threei} Nissan Motor Co., Ltd GE, Nissan enter Smart Charging for Electric Vehicles MOU

[08:57] {Threei} - GE and Nissan have outlined two key areas for potential collaborations. The first relates to the integration of electric vehicles with homes and buildings. The second focuses on electric vehicle charging dynamics with the larger electric grid. In coming months, GE and Nissan will work to identify specific projects they can partner on in each of these areas.

[08:57] {Threei} GR) French Presidnt Sarkozy: agree the need for firm action on Greece with EU's Barroso

[08:57] {Threei} - Need action against speculation and ensure euro stability

[08:58] {Threei} why are you dragging your feet, Sarkozy... damn speculators are afoot, just shoot them all

[09:01] {Threei} laarisa, you see how timely your vacation was?

[09:01] {Threei} saved you a lot of grief about 11K break :)

[09:02] {larisa} can i go again?

[09:02] {Threei} why, we already broke it... and you have plenty of time till 12K

[09:04] {ese} morning

[09:05] {Les} uh oh, there's a girl back in the house is there?

[09:05] {Threei} ese, les

[09:05] {Les} hey vad, larisa

[09:05] {Threei} yes, so try and behave yourself

[09:06] {Les} hay fever makes me quiet mouse... time to see doctor for good drugs

[09:06] {dino} gm all

[09:06] {Threei} dino :)

[09:06] {dino} esi blood again

[09:06] {Threei} uh oh... Les on good drugs - sounds intimidating

[09:07] {dino} whr luv

[09:07] {Les} no new news on esi dino?

[09:09] {dino} dv down too les, apol up

[09:09] {Les} ok. will try them again

[09:10] {dino} don't see anything new on it

[09:11] {dino} downgraded credit suisse, esi, dv

[09:11] {RonS} gm all: 9:05 (Dow Jones) Credit Suisse turns indecisive, downgrading ITT Educational Services (ESI:$111.78,00$-0.91,00-0.81%) and DeVry (DV:$69.46,00$-4.79,00-6.45%) just two weeks after upgrading them as it says government draft policy on "gainful employment" regulation may not be so generous after all.

[09:11] {dptl} good morning

[09:12] {Threei} ron, dp :)

[09:15] {RonS} drad Digirad gets FDA marketing nod for imaging camera 04/26 06:45 AM

[09:16] {shorty} good morning

[09:16] {Threei} shorty :)

[09:16] {ese} dino.....this could be a good up day for gild....it's at fridays highs

[09:16] {ese} dddddddddddppppppppppp!!!!!!!!!!!!!!!!

[09:16] {Threei} GR) Germany Merkel: Greece must show that it is on the path to a sustainable budget level; Greece must save more

[09:16] {Threei} - Sees a 3-year timeframe for Greek aid operations

[09:17] {dptl} :)

[09:18] {Threei} - Germany will move to launch aid process when Greece meets financial conditions

[09:18] {Threei} - Germany has large obligation to maitain the stability of the Euro

[09:18] {Threei} - Have spoke witth directors at the IMF

[09:18] {Threei} - Talks with Greece seen going into earyl May

[09:18] {fernp} Good morning everybody

[09:18] {Threei} fern :)

[09:19] {ese} fern

[09:19] {magoo} vad, CAT great reort/guidance

[09:19] {magoo} also news DRAD

[09:19] {Threei} 06:00 DRAD Receives FDA Clearance for Ergo Large Field-of-View, Solid-State, General Imaging Nuclear Medicine Camera

[09:19] {Threei}

[09:20] {magoo} ty, lets watch it, could turn into runner

[09:20] {RonS} drad...no short interest...

[09:21] {Threei} nor long one, lol

[09:21] {Threei} you can say it was a stock with no interest whatsoever before FDA news

[09:24] {lasertrev} good morning

[09:24] {Threei} trev :)

[09:25] {magoo} trev-mont:0

[09:25] {lasertrev} hey:)

[09:26] {Threei} CH) US Treasury confirms US-China Strategic and Economic Dialogue (SED) set for May 24th/25th

[09:27] {Threei} Long Setup: KERX .50 break if holding above .40

[09:28] {RonS} drad mmfais.com shows about 7 million shares with institutions. do not know outstanding...

[09:29] {magoo} LVS nuts vad, cramer really nailed the sell call, NOT

[09:29] {jfjf64} mornin

[09:29] {Threei} jf :)

[09:29] {Threei} lol mags

[09:29] {magoo} freakin DARD not waiting for us

[09:31] {Les} finnies crasing

[09:32] {Threei} LVS pulling back

[09:32] {Les} wfc held well

[09:32] {Threei} too fast

[09:34] {Threei} MGM followed LVS

[09:34] {dino} csnt

[09:34] {Threei} let's see if we get pullback to about .40

[09:35] {magoo} GS hammered

[09:35] {Threei} Long Setup: MGM .50 break

[09:35] {Threei} if holding above .40

[09:36] {dino} tzoo

[09:36] {magoo} blast from past dino

[09:36] {nemo} look at offer kerx

[09:37] {Les} fitb testing .95 support

[09:40] {dino} pega sm l .25

[09:41] {Les} GS in the dumps again

[09:43] {Les} interesting reversal possibilities pivot point resistance q's/spy, support qid .10

[09:44] {Threei} KERX stop to under .45

[09:46] {Threei} MGM if works not a scalp

[09:46] {Threei} can do much better with any market support

[09:47] {Threei} {market} my support is rarity these days, ya know...

[09:48] {Les} s short fitb .92

[09:48] {dino} dv gap fill

[09:49] {magoo} GS vad

[09:49] {Les} we've gotta catch gs on the way up

[09:49] {Threei} .50 cross now

[09:50] {magoo} got .49

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

[09:50] {Threei} half out

[09:50] {Threei} .90

[09:51] {Threei} 1/4 more out

[09:51] {Threei} .10

[09:51] {Threei} last portion stop to be and let it trade

[09:52] {Threei} no go MGM

[09:52] {Threei} SOMX?

[09:52] {Threei} I don't see any news

[09:53] {dino} pega stopped

[09:55] {Threei} SOMX Strength attributed to CEO comment in interview with San Diego Business Journal indicating that it plans to find a larger partner for upcoming sales efforts for its lead drug, Silenor

[09:55] {ese} L amat .519

[09:57] {ese} it's the daily that i like......

[09:57] {fernp} CY if breaks .40, Vad?

[09:57] {ese} butting up against 14.50

[09:58] {ese} stopped .43 -.08

[09:58] {Threei} probably yes fern

[09:58] {Threei} there is one more resistance at .50

[09:59] {fernp} ok ty

[09:59] {Threei} if that is taken, can do nice move

[09:59] {shorty} HTZ Threei

[10:00] {Threei} this one looks like short to me

[10:00] {Threei} on double top scenario

[10:01] {shorty} ty

[10:01] {Threei} .20 looks like trigger

[10:03] {ese} someone on the board was watching CAT......nice one if your in

[10:05] {dino} cymi sm l .10 thin

[10:05] {dino} dv sm l .25

[10:06] {Les} gs 153 vad?

[10:07] {Threei} not by me

[10:08] {dino} dv stopped

[10:08] {Les} grabbed it for .45

[10:09] {Les} makes up for missing your call

[10:09] {Les} aig .50

[10:11] {Les} out +.13

[10:11] {dino} pega rinsed

[10:14] {Les} gotta setup on dcth pullback vad?

[10:15] {Les} .80 break?

[10:15] {Threei} .80 break, maybe

[10:15] {Threei} .78 would do as well

[10:15] {Threei} but you know what kind of stock it is, right?

[10:15] {fernp} CY 1:1 ty Vad

[10:15] {Threei} :)

[10:15] {Les} a pain in the butt?

[10:16] {Threei} loco

[10:16] {Les} momo candidate?

[10:16] {Threei} it was a momo couple days ago

[10:16] {Threei} now it's a question of resumption vs fizzling out

[10:17] {Les} cool

[10:18] {dino} mos l .35

[10:18] {dino} cymi stopped

[10:19] {dino} mos stopped, pretty much suck. taking break

[10:19] {Threei} CSIQ Hearing renewed takeover chatter circulating (timing uncertain) (25.92, +0.22, 0.86%)

[10:20] {Les} aig mind of its won

[10:20] {ese} boy was i ever wrong about gild dino.......not in but sheesh

[10:20] {dino} pain

[10:21] {Threei} AIG is being it usual self

[10:21] {Les} damn keep selling too earliy

[10:21] {Threei} heh... trust me, you don't want to be selling AIG too late

[10:22] {Les} true

[10:22] {Threei} let's trail KERX o under b/e

[10:23] {Threei} hard to tell whether it consolidates for a further move or just lost will to live

[10:23] {Threei} but it touched 1:1, so why risk more than we have to

[10:25] {Les} DV 65

[10:29] {jfjf64} missed rimm short grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

[10:30] {Threei} US) APR DALLAS FED MANUFACTURING ACTIVITY: 21.1% V 9.8%E

[10:32] {dino} mos l .27

[10:33] {jfjf64} nflx 5 min

[10:33] {Threei} propaganda alert:

[10:33] {Threei} PO) Portugal Foreign Min: Portugal is not in the critical position that Greece currently is undergoing

[10:33] {jfjf64} very thin

[10:34] {Threei} GS

[10:34] {Threei} .85

[10:36] {Threei} nope, not this tme

[10:37] {magoo} really wounded bad

[10:37] {Threei} yeah, less will today

[10:38] {ese} L gild .99

[10:39] {Les} GS lod is last pivot support holding it up

[10:41] {Threei} Short Setup: FITB 15 break

[10:44] {dino} mos to .41

[10:45] {Threei} I guess most expect tomorrow's GS hearings to turn so ugly, not many are willing to remain long into that

[10:45] {Threei} Democrats expected to provide details of revised derivatives regulation proposal later today - WSJ

[10:45] {magoo} wel, to soon to call no bounce for today

[10:46] {magoo} should get run to 155 imo

[10:46] {Threei} who called that?

[10:46] {magoo} nemo

[10:48] {dino} out mos .49, +.22

[10:49] {ese} fitb call still good

[10:49] {fernp} FITB is still valid, Vad?

[10:50] {Threei} yes

[10:50] {fernp} ty

[10:50] {ese} short .98

[10:50] {Threei} LIOX...

[10:50] {fernp} stop above .10?

[10:51] {Threei} for scalpers .08

[10:51] {Threei} otherwise above .10

[10:51] {dino} rino l .38

[10:53] {dino} dv lod

[10:54] {dino} stt l .25

[10:55] {fernp} stopped FITB

[10:56] {magoo} mgm trying vad..any read lvs??

[10:57] {Threei} tough read... things don't really trend

[10:57] {Threei} rinses everywhere

[10:57] {magoo} yea

[10:57] {magoo} thoght it may follow

[10:58] {Threei} look at FITB

[10:58] {magoo} yea..been

[10:59] {Les} cat 72 b/d?

[11:00] {Les} with a little consolidation

[11:00] {Threei} probably

[11:00] {shorty} FTBK

[11:01] {Threei} no news

[11:01] {Threei} anyone see anything on it?

[11:01] {Les} s cat .98

[11:02] {fernp} nothing here Vad

[11:02] {Threei} up114%

[11:02] {Threei} on no news

[11:02] {Threei} lol

[11:03] {Threei} LIOX non-stop

[11:04] {dino} look csnt too

[11:04] {dino} regional banks

[11:05] {Les} cat rinse

[11:05] {Threei} US House version of financial reform bill considering levying a bank tax as part of bill - CNBC

[11:05] {Threei} - Note: Senate version does not include such a provision

[11:05] {shorty} It has been a rinse kind of day for me today.

[11:06] {Threei} yup

[11:06] {magoo} for everyone

[11:06] {shorty} I see that magoo

[11:06] {dino} lots of rinses here too shorty

[11:08] {RonS} ek ...big squeeze...52 mil shrt, 19.5% float

[11:08] {shorty} RonS, where do you get your info on short interest? NASDAQ site?

[11:10] {RonS} ...hope 31 does not object...http://shortsqueeze.com

[11:10] {shorty} ty

[11:10] {dino} pretty sure ek blew away #s last week

[11:10] {RonS} 31=3i

[11:10] {Threei} lol... why would I

[11:11] {dino} fish slap him vad

[11:11] {shorty} lol

[11:11] {RonS} ...could be run by formerly convicted wannabee's...lol

[11:11] {Threei} I'll pick a moment when he least expects it

[11:11] {Threei} come on Ron

[11:12] {Threei} there is a difference between purfe factual data site and opinionated one run by assholes with agenda

[11:12] {Threei} don't paint me a zealot

[11:12] {RonS} just remeber shorty, i think these numbers are cranked only monthly...so they are fuzzy. That is why you want big #'s and high % of float

[11:12] {fernp} CAL any read, Vad?

[11:13] {Threei} twice a month ron

[11:13] {Threei} no fern

[11:13] {fernp} ty

[11:13] {Threei} I like chart but this kind doesn't work today

[11:13] {shorty} I did a bit of research on it Friday night. Once a month the numbers come out.

[11:13] {RonS} ...just kidding 3i...and thks on the 2X mo...

[11:14] {Threei} maybe it will, but I don't want to be a stubborn donkey trying same thing again and again

[11:14] {dino} definition of insanity

[11:14] {dino} or "hell is repitition"

[11:16] {magoo} vad, no news FTBK?

[11:17] {RonS} imax movie seemingly has no end...

[11:17] {Threei} not on my wires

[11:17] {RonS} ...imax turning into nflx?

[11:21] {Threei} notice in short interest data there is a line:

[11:21] {Threei} Record Date

[11:21] {Threei} 2010-AprA

[11:21] {shorty} yes

[11:21] {Threei} that A indicates first half of the month, B for second, as period when data is collected

[11:22] {shorty} 15th of every month?

[11:22] {Threei} NASDAQ short interest is available by issue for a rolling 12 months and updated twice a month. Short Interest data is based on a mid-month and end of month settlement dates and released after 4:00 p.m, ET, on the dissemination date.

[11:22] {Threei} http://www.nasdaqtrader.com/Trader.aspx?id=ShortInterest

[11:23] {Threei} enter any symbol and look at the dates in the left column

[11:23] {Threei} they are mid and end month but not necessary exact 15 and 30/31

[11:23] {shorty} ty

[11:24] {ese} gonna give fitb one more shot at this then i'm gonna cover

[11:24] {shorty} Now, I just need to learn how to use this info to my advantage.

[11:25] {Threei} by itself it won't tell you much

[11:25] {Threei} as a piece of the puzzle, yes

[11:25] {Threei} very useful

[11:25] {shorty} The only winner is CLNE, but covered ,45

[11:26] {dino} cymi l .75, stt stopped

[11:26] {shorty} Is it more of an emotional tool?

[11:27] {Threei} not really

[11:27] {Threei} shows you a potential for a short squeeze

[11:27] {Threei} stock loaded with shorts is likely to be fuelded by their buying if something positive happens

[11:28] {shorty} ty

[11:28] {Threei} or simply if they overload the boat with short positions

[11:28] {fernp} AA .30 break with 5c stop, i think woth a try

[11:29] {jfjf64} lk fern

[11:29] {Les} fitb back to 15

[11:33] {Threei} BEXP?

[11:33] {Threei} sudden spike, no news

[11:34] {Threei} wth

[11:34] {shorty} earnings call announced, but that is it.

[11:37] {Threei} Long Setup: BEXP .50 break

[11:38] {Threei} invalidated but the idea is still there, let's see if another trigger forms

[11:42] {Threei} SUPR... FMAR...

[11:42] {Threei} where do all this hi-fliers with no news are coming from

[11:43] {Les} can't we start a scam like this?

[11:43] {shorty} institutional buying?

[11:43] {Threei} on SUPR?

[11:43] {Threei} highl;y doubt that

[11:44] {Les} GS read vad?

[11:44] {shorty} There is a class action lawsuit against FTBK.

[11:45] {Threei} none les

[11:45] {dino} dv sm l .50

[11:46] {ese} out fitb .00

[11:46] {ese} hmmmmmm didn't think i'd get filled there -.02

[11:47] {Threei} Long Setup: BEXP .20 break

[11:47] {ese} call it .00and a bit almost .01

[11:48] {fernp} stop Vad?

[11:48] {Threei} stop under .15 for a scalper, .10 for day trader

[11:50] {Threei} who am I

[11:50] {Threei} identity crisis

[11:50] {Les} me?

[11:51] {Threei} hmmm

[11:52] {Les} gs spike down

[11:52] {Les} 153

[11:52] {Threei} GS is tough proposition today on a long side

[11:53] {Les} wanna hit the banks they're weak but playing hard to get

[11:54] {Threei} scalpers win on BEXP

[12:01] {Threei} ORCC Granted Biller-Direct Electronic Payments Patent (4.56, 0.00, 0.00%)

[12:15] {dino} .

[12:17] {Threei} I agree with your point

[12:23] {strider} I thought it was a rather pointed remark.

[12:23] {magoo} unreal FTBK vad

[12:23] {magoo} this move here

[12:25] {Threei} and still nothing on any wire

[12:25] {magoo} i mean the shorts were pressing and looked good...DEAD

[12:29] {Threei} mags

[12:29] {Threei} GS...

[12:30] {Threei} has a chance here

[12:33] {Threei} at some point some squeeze has to occur on it

[12:33] {Threei} timing is tough

[12:33] {Threei} gitta try with tight risk control

[12:35] {Threei} targets 153.50 and 153.90

[12:38] {ese} out dish .92 +.12

[12:38] {Threei} wtg

[12:39] {shorty} short CIEN .27 stop .32

[12:42] {nemo} cat might be bottoming

[12:43] {Les} aig .70 big offer. may run

[12:49] {shorty} out +.05 CIEN

[12:52] {ese} tks

[12:52] {Threei} FTBK again

[12:52] {magoo} in 6

[12:54] {magoo} out here.60

[12:54] {magoo} i hit in before u posted obv

[12:54] {Threei} obv

[12:55] {magoo} obviously

[12:57] {Threei} I know...

[12:57] {Threei} lol

[12:59] {ese} Lnvda .658715

[13:00] {magoo} the squeeze is ON vad

[13:01] {magoo} FTBK

[13:02] {Threei} sheesah

[13:02] {Threei} *(US) TREASURY'S $11B 5-YEAR TIPS DRAW 0.55%; BID-TO-COVER RATIO 3.15 V 2.66 AT LAST YEARS AUCTION AND 2.31 OVER THE LAST 6

[13:02] {Threei} - indirect bidders take 23.1% of competitive bids with 30.93% allotted at the high.

[13:02] {Threei} - median 0.430%, Low 0.340%.

[13:03] {nemo} that's bad

[13:14] {shorty} dino, do you spot a possible reversal on CLNE?

[13:15] {dino} dk, but maybe worth a shot at .51

[13:15] {shorty} thank you

[13:18] {Les} made out like bandit earlier mags thank 7 break ftbk and then proceeded to buy breakout .50 and gave it all back and then some

[13:18] {Les} repeat after me: "buy the pullback"

[13:19] {Threei} just how many times did I say don't buy breaks on momod?

[13:19] {magoo} thats not for amatuers

[13:19] {Threei} momos

[13:19] {Les} you calling me a moron?

[13:19] {shorty} This is why I stay away from those type of stocks.

[13:19] {shorty} you have guts Les

[13:20] {Les} always on paper and slowly the technique will sink in

[13:20] {shorty} true

[13:21] {magoo} out .64 :)

[13:25] {shorty} Any hockey fans here?

[13:25] {shorty} Anyway, a good article: http://blog.al.com/ray-melick/2010/04/melick_fed_cup_lures_mad_max_t.html

[13:28] {lasertrev} good story shorty

[13:28] {shorty} It's a fun one.

[13:43] {Les} gs

[13:45] {magoo} yea..missed that too

[14:03] {Les} was just looking at ESI .75 break. WAM

[14:04] {Les} DV maybe

[14:05] {fernp} FAS testing lod

[14:06] {nemo} fern, are you becoming a fas fiend?

[14:06] {fernp} lol

[14:07] {Les} that elusive break I never managed to find came to FITB :(

[14:08] {shorty} I know Les.....

[14:16] {Les} .05 break on UPS for scalp vad?

[14:17] {magoo} RIMM nuts vad, news?

[14:17] {Threei} RIMM Exec: Planning to release new operating system designed for touchscreens, and trackpads in next quarter - analyst day

[14:18] {Threei} UPS, can't tell really

[14:18] {nemo} volume dropping on rimm

[14:20] {fernp} KO .54 breakdown, Vad?

[14:21] {Threei} I think so

[14:21] {Threei} but don't count on much

[14:21] {fernp} ty

[14:22] {fernp} stop above .10 is valid?

[14:23] {Threei} yep

[14:27] {dino} mos blood again

[14:29] {jfjf64} what a boring day guys

[14:29] {nemo} I started drinking already

[14:30] {jfjf64} not bad idea

[14:30] {Les} I knew it would be boring. started at 10 am

[14:30] {Les} that and my sinuses were driving me insane

[14:31] {strider} Vad, tomorrow might be boring too...better start now.

[14:31] {jfjf64} bad allergies here

[14:31] {Les} over the counter stuff ain't enough this year. cold weather suppressed all flowers until mid april

[14:31] {Threei} lol strider

[14:33] {strider} Actually just finished a Yuengling......relieves back muscle spasms, you know.

[14:33] {jfjf64} since not makin money today gonna go spend lol

[14:33] {dino} nice

[14:33] {jfjf64} see all later

[14:33] {dino} pega sm l .50

[14:33] {Threei} makes sense

[14:34] {jfjf64} speding or pega

[14:34] {dino} cya jf

[14:35] {ese} signing off all....still long nvda at .65....se ya tomorrow

[14:36] {Threei} take care ese

[14:36] {shorty} bye

[14:37] {dino} cya es

[14:38] {fernp} bye ese

[14:42] {RonS} a la Jim Carrey: "Somebody SLAP me!"

[14:42] {nemo} no

[14:43] {magoo} vad GS read here?

[14:43] {fernp} above .05 is also a good stop for KO, no Vad?

[14:43] {fernp} it is a bit slow :-)

[14:43] {Threei} now yes fern

[14:44] {Threei} no mags... still don't see it as readyt

[14:44] {fernp} thank you

[14:44] {Les} NYX .60 b/d?

[14:44] {Les} .65 stop

[14:44] {Threei} kind of 52/48, les

[14:44] {Les} ok

[14:45] {Les} look at considerable consolidation in this zone. would that be important source of support?

[14:46] {Threei} sorry, not sure I understand the question

[14:47] {Les} I notice a lot of consolidation in .55 - .60 zone today

[14:47] {dino} dv to .90

[14:47] {Les} would that be of significance to you in intraday time frame setup?

[14:48] {dino} to .99

[14:49] {dino} out dv .01, +.51

[14:50] {fernp} gj dino

[14:51] {dino} ty, took couple hours

[14:54] {dino} cymi to b/e

[14:55] {shorty} cya tomorrow everyone

[14:55] {dino} perga to .90

[14:56] {dino} out pega +.40

[14:59] {Les} NYX selling off with vol. now. makes the difference

[15:00] {dino} mos sm l .50

[15:00] {dino} cya shorty

[15:00] {dino} out cymi flat all day

[15:01] {Les} gs 152 b/d?

[15:02] {Les} nope

[15:08] {fernp} KO 1:1

[15:09] {Threei} :)

[15:09] {Threei} something had to work!

[15:09] {fernp} hey! good day here, Only one stop today

[15:10] {dino} gj fern 5 stops here

[15:11] {fernp} breakouts in FAZ, QID, CY, LEN, CAL worked fine, lucky I guess

[15:11] {Threei} no kidding

[15:12] {Threei} I got rinsed more than load of clothes in a washing machine

[15:12] {fernp} lol

[15:14] {dino} :D

[15:15] {Threei} but hey, I feel very clean

[15:23] {dptl} good evening all

[15:23] {Threei} take care dp

[15:26] {dino} cymi sm l .50

[15:26] {dino} pega l .50

[15:28] {fernp} Good evening everybody. See you all tomorrow

[15:29] {Les} bye fern. enjoyed watching you work today

[15:29] {fernp} lol. ty

[15:30] {Threei} take care fern, good job

[15:30] {dino} cya fern

[15:33] {Threei} GS...

[15:35] {Threei} .15 long if holding 152

[15:36] {Threei} 1:1

[15:41] {Threei} wow... jf was right

[15:41] {Threei} the most boring day in quite awhile

[15:50] {Threei} RU) Russia PM Putin: ready to make a "massive proposal" on cooperation in meetings with Ukraine this week

[15:50] {Threei} as i "let's unite again"?

[15:53] {strider} Or we'll invade.

[15:53] {dino} out clne .65, =.15

[15:54] {strider} dino, have you pulled things back from the brink today?

[15:56] {Threei} grest

[15:56] {Threei} GS shorting mortgages now is being labeled as "betting agains America"

[15:57] {dino} out cymi -.03

[15:57] {Threei} history repeats... just as Jese Livermore was blamed with his shorting 1929

[15:58] {dino} out pega -.15

[16:00] {Threei} thank you all

[16:00] {Threei} have a good evening

[16:00] {Threei} let's get them tomorrow

[16:00] {Threei} GS REleases CEO testimony; did not place bets against clients

[16:01] {dino} down a little strider

[16:01] {strider} that was a rough morning.

[16:02] {dino} lol, yeah, missed first 4