Two misplaced logs for the last week:

Two logs for July 24 and 27 got accidentally poasted on the educational blog. I don't want to move them over since it would mess up the calendar order. Let them stay where they are, here are the URLs:

http://www.realitytrader.com/blog/2009/07/jul-24-2009.html

and

http://www.realitytrader.com/blog/2009/07/jul-27-2009.html

Let it just be reminder there is an educational blog as well (making lemonad out of lemons, ya know...)

Jul 23 2009

Not too many trades but just one small stop (which turned to be a shakeout) with a few nice wins. CAT, RIMM, AAPL and FOTB worked fine.

Session Time: Thu Jul 23 00:00:00 2009

[07:50] {BillyD} gm

[08:22] {Threei} Preview: Initial Jobless Claims and Continuing Claims due out at 8:30amET

[08:22] {Threei} - Expectations for initial claims are 557K v prior release of 522K (range seen from 500K to 600K)

[08:22] {Threei} - Continuing claims seen at 6.390M v prior 6.273M. (range seen from 6.200M to 6.860M)

[08:24] {BillyD} hi Vad, see any news on SAY

[08:25] {Threei} no

[08:25] {BillyD} ty

[08:28] {cosmo} SNDK tries to get back up off the floor

[08:28] {cosmo} watch for 18

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

[08:30] {Threei} - Expectations for initial claims are 557K v prior release of 522K (range seen from 500K to 600K)

[08:30] {Threei} - Continuing claims seen at 6.390M v prior 6.273M. (range seen from 6.200M to 6.860M)

[08:30] {Threei} INITIAL JOBLESS CLAIMS: 554K V 557KE; CONTINUING CLAIMS: 6.225M V 6.390ME

[08:32] {cosmo} SNDK needs to hold 17.50 ...for now

[08:59] {fernp} good morning everybody

[09:00] {Threei} fern :)

[09:00] {BillyD} hi fern

[09:05] {ese} good morning

[09:05] {Threei} ese

[09:06] {ese} fitb beats huge

[09:07] {Threei} Fifth Third Bancorp Reports Q2 $1.15 v -$0.34e (incl items) R$1.66B v $1.53Be (ex items)

[09:08] {Threei} Note: earnings include sale of approximate 51% interest in Fifth Third's processing business, resulting in a $1.8 billion pre-tax gain , or $1.1B after-tax gain

[09:19] {BillyD} Vad, what is on your radar

[09:20] {texus} morning all

[09:20] {dptl} good morning all

[09:21] {Threei} texus, dp :)

[09:21] {Threei} that's a good question Billy, I am trying to answer it for the last 5 min

[09:22] {dino} gm all

[09:22] {BillyD} nothing really sticks out....BCRX, SAY, OREX for short

[09:22] {BillyD} EBAY maybe

[09:25] {jfjf64} mornin all

[09:25] {Threei} dino, jf :)

[09:26] {Threei} well, FITB sticks out

[09:28] {cosmo} SNDK sticks in

[09:29] {Threei} lol

[09:29] {cosmo} 17.20 last nite fyi

[09:30] {_patel} good morning everyone

[09:31] {fernp} morning patel

[09:31] {Threei} patel :)

[09:34] {Threei} AMZN, watching for bounce

[09:34] {nemo} Double Top on FITB?

[09:35] {Threei} no... FITB is rather forming breakout pattern

[09:35] {Threei} AMZN too fast, couldn't alert in time

[09:36] {Threei} Long Setup: FITB 8.05

[09:36] {Threei} if holding above 7.90

[09:36] {magoo} morning

[09:36] {Threei} mags

[09:36] {magoo} what u got vad:)

[09:38] {Threei} FITB becomes bounce candidate, preferrably off 7.60

[09:38] {magoo} u see MEDX, i know news

[09:39] {Threei} buyout

[09:41] {jfjf64} fitb??

[09:41] {_patel} it is forming a cup. is it still valid for a long.

[09:42] {Threei} Long Setup: LLTC 27 break

[09:42] {Threei} if holding above ,90

[09:42] {Threei} FITB may reestablish itself as a break if not losing .90 anymore

[09:45] {Threei} LLTC no worky

[09:45] {magoo} SNDK crushed

[09:49] {fernp} ty Vad I am out FITB +.10

[09:49] {Threei} FITB, half out

[09:52] {Threei} 1/4 more out

[09:53] {Threei} stop for remaining portion to under 8

[09:54] {dino} sndk l .50 stop .35

[09:54] {cosmo} nice knife dino

[09:55] {magoo} missed rimm

[09:56] {nemo} LLTC

[09:56] {nemo} too late

[09:56] {Threei} shakeout...

[09:56] {wulff} Beautiful easy CAT missed

[09:57] {dino} to .70

[09:57] {wulff} was just going to write PALM 14 break

[09:57] {dino} lol cos

[09:58] {Threei} RIMM, pullback into 23.80 - .90 will be interesting

[09:58] {dino} out .70 sndk, +.20

[09:59] {Threei} existing home sales numbers are coming

[09:59] {nemo} probably going to be serious makeup on that pig

[10:00] {Threei} JUNE EXISTING HOME SALES: 4.89M V 4.84ME

[10:00] {Threei} (+3.6% M/M)

[10:00] {Threei} - prior revised from 4.77M to 4.72M

[10:00] {ese} dino ....opinions CELG

[10:01] {jfjf64} celg vad ya lk .75 break

[10:01] {Threei} if stays above .60

[10:03] {dino} wow esi -7, w big earnigs beat

[10:04] {ese} ya no rhyme or reason as per usual

[10:04] {jfjf64} lk hig 12.50 break after fact grrr

[10:04] {dino} ati l .45, stop .29

[10:06] {jfjf64} hgsi

[10:06] {Threei} watching RIMM, another leg down is likely here

[10:07] {Threei} BCRX

[10:07] {Threei} that's quite a pullback

[10:08] {ese} esi even raised guidance

[10:08] {Threei} tough thing though, didn't cooperate yesterday on bounces

[10:08] {BillyD} I tried at .03 and stopped on BCRX

[10:09] {ese} ati lookin good dino.....nice one

[10:10] {magoo} i keep missing AMZN entry

[10:10] {dino} out ati .68, +.23

[10:10] {wulff} Freaky CAT

[10:10] {Threei} no wonder mags

[10:10] {Threei} they all move in this manner today

[10:10] {ese} nice dino.....good one

[10:10] {jfjf64} nice dino

[10:11] {jfjf64} qcom

[10:11] {ese} hopefully on 25000 shs

[10:11] {Threei} pullbacks are not deep enough and breakouts are not what you want to play after such huge moves

[10:11] {Threei} look at RIMM

[10:11] {nemo} I guess the housing number made an impression

[10:11] {nemo} look at lltc

[10:12] {wulff} new houses for everyone!

[10:12] {jfjf64} mk ya wk today vad

[10:13] {BillyD} Vad, interested in BCRX if 8 is taken

[10:14] {wulff} SNDK .80 break

[10:14] {Threei} don't know what tyo say Billy

[10:14] {BillyD} same here

[10:17] {Threei} let's see: MS,

[10:17] {Threei} this breakout MUST be false

[10:17] {Threei} pullback into .60 is normal way now

[10:19] {ese} L altr .51

[10:19] {magoo} amzn read vad?

[10:19] {magoo} dow 9000

[10:19] {Threei} none mags

[10:20] {magoo} look SOMX

[10:20] {dino} crazy 12% straight up in markets

[10:21] {jfjf64} sndk vad??

[10:24] {Threei} don't see it as ling here jf

[10:27] {Threei} long I mean

[10:28] {Threei} US) Treasury Official: To tell China that recovery in the US will be slow, China can not rely on exports to the US for fast growth

[10:28] {Threei} - Reminder: US Treasury officials meeting with Chinese officals next week

[10:29] {Threei} RIMM

[10:29] {Threei} finally sizeable pullback

[10:29] {Threei} not sure on entry yet, watching

[10:31] {Threei} (CA) Bank of Canada Monetary Policy report: See recession ending in current quarter

[10:31] {Threei} - Have seen signs that US economic recession has reached its bottom

[10:31] {Threei} - Actions by the G20 have helped in recovery/stabilization of gloabal markets

[10:31] {Threei} - Commodities and weaker USD are seen as boosting CAD

[10:32] {Threei} NYSE volume 255M shares, about 8% below its three-month average; advancers lead decliners by 6.9:1.

[10:32] {Threei} - NASDAQ volume 715M shares, about 30% above its three-month average; advancers lead decliners by 2.9:1.

[10:33] {Threei} MS never gave that pullback

[10:34] {Threei} Long Setup: RIMM .50 break

[10:34] {Threei} if stays above .35

[10:35] {Threei} Long Setup: AAPL .50 break

[10:36] {Threei} stop under .30

[10:36] {Threei} AAPL 1:1

06[10:37] * Threei kicks RIMM in the rear

[10:38] {Threei} RIMM 1:1

[10:38] {magoo} out both TY

[10:38] {cosmo} AFFX 7.67 hod = high spike last nite fwiw

[10:38] {magoo} NICE

[10:38] {magoo} .65 rimm

[10:39] {BillyD} ty RIMM

[10:39] {BillyD} what a delay

[10:39] {_bradc} ty vad

[10:39] {Threei} welcome guys

[10:40] {Threei} yeah, that was a werid delay, usually it's more responsive

[10:40] {jfjf64} missed it

[10:40] {BillyD} reason I took the for sure 1:1

[10:40] {Threei} one one hand this kind of delay is a window of opportunity for entry,

[10:40] {wulff} rimm +.35

[10:40] {Threei} on another, if market turns before follower stock follows, can kill the play

[10:41] {Threei} overall, do realize guys:

[10:41] {Threei} tyhis kind of days with all their strength is not a best daytrading day

[10:42] {Threei} it's rather a day when investors having their positions sit back and smile

[10:42] {Threei} while we struggle to find entry

[10:44] {magoo} and weare conditioned to scalp out...and then mkts keep going..frustrates

[10:44] {Threei} LLTC, that was so rude

[10:45] {Threei} shae out by a few cents

[10:45] {Threei} then go 50

[10:45] {jfjf64} yup

[10:45] {_bradc} it did reward random bad behavior for those without stops,lltc

[10:45] {Threei} yup

[10:46] {Threei} that's how market gets you into thinking 'discipline hurts, I better abandon it"

[10:46] {wulff} you see HIG?

[10:46] {Threei} I do but I wish I didn't

[10:46] {wulff} easy.......

[10:47] {jfjf64} 12.50 ouchhhhhhhhhhhhhhhhhhhhhhhhhh

[10:48] {cosmo} AFFX tests 7.67 soon

[10:49] {cosmo} hmmm

[10:50] {jfjf64} tza l .21

[10:50] {nemo} rimm pulling back to support

[10:51] {jfjf64} die market die

[10:51] {Threei} {market} you don't like me... :(

[10:52] {cosmo} .... like 1999...

[10:55] {Threei} did you go for BCRX Billy?

[10:55] {BillyD} no

[10:56] {BillyD} was good setup but stock can frustrate you

[10:56] {_bradc} on a trending day like this would you be looking for pullbacks and play stocks in the general market direction?

[10:56] {BillyD} I took ver first break at .10 and sold last portion at .34

[10:56] {Threei} that's the idea brad

[10:57] {BillyD} you take BCRX Vad

[10:57] {Threei} no, lol

[10:57] {Threei} both AAPL and RIMM plays were structured just that way

[10:58] {ese} L altr...avg price .50

[10:58] {_bradc} ty

[10:58] {BillyD} It seems BCRX requiers more patience on entry

[11:00] {ese} altr breaking above 6 month high....this should take off

[11:00] {Threei} US TREASURY TO SELL $42B 2-YEAR, $37B 5-YEAR, $27B 7-YEAR NOTES AND $6B 20-YEAR TIPS

[11:04] {jfjf64} afl strong looks lk wants more

[11:04] {ese} there she blows....

[11:05] {jfjf64} dis hey mickey what uppppppppppppppp

[11:06] {wulff} was going to take RIMM.....40 stupid

[11:07] {ese} with the amount of people i saw in that park JF at the beginning of july.........it's profit.....thats whats up

[11:10] {BillyD} CKSW strong, if holds .10 & takes large .20 offer

[11:11] {Threei} Short Setup: HGSI .70 break

[11:11] {Threei} if stays below .85

[11:12] {Threei} .80 for scalpers

[11:12] {BillyD} no short

[11:12] {Threei} argh

[11:13] {BillyD} OREX is shortable although a pesky trader

[11:17] {jfjf64} altr ese yesssssss

[11:20] {ese} out altr .69 +.19 on 8k of it

[11:20] {wulff} looking for SNDK bounce

[11:20] {Threei} nice one ese

[11:22] {ese} tks....this one will be worth looking at over the next few days......good report and at 6 month high

[11:23] {magoo} lord vader..lets watch AMZN..nice pullbk in the making

[11:23] {dptl} hows charts on lazer ,Vad?

[11:25] {jfjf64} later guys gotta run

[11:25] {BillyD} cya jf

[11:25] {jfjf64} to da bank

[11:25] {Threei} take care jf

[11:25] {Threei} ro withdraw, to deposit or to rob?

[11:26] {jfjf64} later vad more pictures pls

[11:26] {Threei} just stopped dp

[11:26] {magoo} quote server 3

[11:26] {dptl} ty

[11:26] {magoo} chart i mean

[11:26] {BillyD} server # 1 works

[11:27] {Threei} yeah, restored

[11:31] {wulff} +.10 SNDK

[11:32] {dino} gj

[11:33] {dino} twm l .80, stop .60

[11:34] {magoo} um, lord vaderrrrrrrrrrrr

[11:35] {Threei} don't interrupt my grieving process mags... I am crying about HGSI short unavailability

[11:35] {Threei} because when this thing loses .60, you'll be crying too

[11:35] {magoo} VCI halted ..and has huge buy suide imbalance

[11:36] {magoo} RISKY as taking bacon off vads plate in vegas

[11:36] {cosmo} sqnm

[11:36] {Threei} Valassis Communications Inc Awarded $300M by Jury in lawsuit against First News American

[11:36] {Threei} - Company was awarded $300 million for compensatory damages in its lawsuit against News America Marketing (NAM), a subsidiary of News Corporation. In the trial, held in Michigan''s Wayne County Circuit Court before the Honorable Michael F. Sapala, Valassis claimed unfair competition and tortious interference by NAM. The jury''s verdict found NAM liable for both counts.

[11:36] {cosmo} 5.25 now

[11:37] {wulff} OK, a bit hasty sell on SNDK

[11:37] {magoo} im crying over AMZN bounce

[11:38] {magoo} RIMM holds

[11:38] {dino} twm stopped

[11:39] {wulff} needed to greedier

[11:39] {Threei} OK, grieving process is over

[11:40] {magoo} pass me a box of tissues

[11:40] {Threei} used them all, sorry

[11:41] {Threei} HGSI Hearing Piper Jaffray making positive comments

[11:41] {magoo} we need a walmart run

[11:41] {Threei} ALTR continues climbing aslowly

[11:41] {magoo} focus on AMZN please please..not saying takeit yet..BUT lets start watching it hard

[11:46] {magoo} VCI open

[11:46] {magoo} BOOM

[11:48] {magoo} QCOM moving

[11:51] {ese} l fitb .08

[11:53] {Threei} CH) US Treasury Official: China seems to be more willing to take action to "permanently reduce" its trade surplus

[11:53] {Threei} - FX rate is one tool for economic rebalancing that will be discussed with China.

[11:54] {magoo} [11:36] {magoo} VCI halted ..and has huge buy suide imbalance

[11:54] {magoo} [11:36] {magoo} RISKY as taking bacon off vads plate in vegas

[11:54] {Threei} I don't know why you limited it to vegas

[11:54] {Threei} trust me, it's just as risky in Skafway

[11:55] {Threei} Skagway

[11:55] {magoo} i know..i lost a finger in skagway remember?

[11:55] {Threei} ok, that wasn't me, lol

[11:57] {magoo} coulda been...tough accent..ungroomed..caring bottle of vodka..u sure

[11:57] {Threei} AMZN if anything, starts looking like short to me

[11:58] {ese} out fitb .15 +.07 don't even ask the shs

[11:58] {magoo} how many?

[11:58] {nemo} How many ese?

[11:59] {ese} 20

[11:59] {nemo} oh jeez

[11:59] {nemo} with a ,000 right

[11:59] {ese} right

[12:00] {ese} pattern that i reconized very well

[12:00] {magoo} roflol..says dont ask...look which two ask

[12:01] {ese} that is funny

[12:01] {BillyD} lol

[12:01] {BillyD} very

[12:01] {magoo} within seconds of each

[12:01] {Threei} so, when they say with some people the best way to make them jump from the bridge is to say it's forbidden...

[12:02] {Threei} we know who those "some people" in this room are right?

[12:02] {ese} thats even funnier

[12:02] {BillyD} room offers plenty of humor in slow periods

[12:02] {ese} definetly!!

[12:04] {magoo} HGSI ballistic cross 14

[12:04] {magoo} RIMM strong

[12:12] {magoo} sick cross RIMM..was .11 blew out shares .34 never saw it

[12:13] {magoo} thats why lay out

[12:22] {_bradc} Vad it seems that you have a real good feel for RIMM, is it one of your favorites?

[12:27] {Threei} well

[12:27] {Threei} it's just one of the most active stocks with obsevable patterns

[12:27] {wulff} when it works, yes

[12:28] {Threei} and more often than not it follows them

[12:29] {ese} L fitb .20

[12:31] {ese} out fitb .26 +.06

[12:31] {Threei} brad... see what ese is doing?

[12:31] {Threei} same setup based on the same chart pattern

[12:31] {Threei} time and again

[12:31] {magoo} ese, whos your broker?

[12:32] {_bradc} jump base explosion breaking .20, stop below .12

[12:32] {ese} watching ^compx as well...saw the comp shoot up...good possiblity that fitb was going to follow

[12:33] {ese} piece of sh&^% broker out of Toronto "Questrade"

[12:34] {magoo} u doinmg massive shares..so is commission killing u?

[12:34] {ese} no

[12:34] {magoo} 5 traders of 20k, 100k shares at 8/1000'

[12:35] {magoo} 800 bux commission..u pay l;ess?

[12:35] {ese} let me see if i can figure it out

[12:35] {BillyD} 160

[12:35] {Threei} mags... get filled on the offer, your commissions go down significantly

[12:35] {magoo} no no, i know ..was wondering his..just thruy oput example

[12:36] {Threei} liquidity rebate is a godsend for this kind of trading

[12:37] {ese} here it is mags

[12:37] {ese} http://www.questrade.com/pricing/default.aspx

[12:38] {wulff} free trades on Wednesdays

[12:38] {BillyD} ese, so 9.95 per 20K shares right?

[12:38] {ese} yup

[12:38] {BillyD} smoking deal

[12:39] {ese} ya but the service and sometimes the fills aren't what they should be

[12:39] {BillyD} what is Amerotrade?

[12:39] {Threei} plus ECN

[12:39] {Threei} have a look:

[12:39] {Threei} http://www.questrade.com/pricing/exchange_ecn_fees.aspx

[12:40] {wulff} 9.95 for anything Amer.

[12:40] {Threei} no rebate for adding liquidity, charge for removing it

[12:41] {BillyD} so on ARCA would be about 89.95 for 20K

[12:42] {wulff} scalping on Amer can be expensive

[12:42] {ese} can be

[12:43] {Threei} I don't get it ese

[12:43] {wulff} for less than several thousand shares

[12:43] {Threei} this doesn't look like a good deal to me at all, honestly

[12:44] {BillyD} Ameritradde is 9.99 for 10K shares & do not see any ecn fees

[12:44] {Threei} yeah... wanna try that? :)

[12:44] {wulff} all told, do you average about 5$ a trade or so

[12:44] {wulff} ??

[12:44] {ese} your probably right vad i haven't sat down and crunched the numbers.....but hope to do that...have been considering broker change

[12:45] {wulff} no eCN w/ amer

[12:46] {Threei} guess why wulff

[12:46] {wulff} why?

[12:46] {Threei} hint: your fill prices are, ummm

[12:46] {ese} l fitb .25

[12:46] {wulff} I have not had any trouble actually

[12:46] {Threei} lwt's call them sub-optimal

[12:47] {wulff} just expensive

[12:48] {ese} oh oh ...should be following compx here but isn't.....oh oh

[12:48] {Threei} or just delay

[12:51] {Threei} policeman from Cambridge lashes out at president for wading into incident

[12:51] {Threei} really, I can't believe he did that

[12:51] {ese} out 1/2

[12:51] {Threei} labeling police action "stupid" and tying it into racial issues without knowing what happened there

[12:51] {ese} .22 -.03

[12:51] {nemo} He's probably getting screwed in the deal. That Harvard professor has made a career out of racial studies

[12:52] {nemo} they're buddies of Obama

[12:52] {Threei} yeah

[12:52] {Threei} but jeez, don't you expect more impartiality from president??

[12:52] {nemo} There's big money in the PR from this one

[12:52] {nemo} Yeah Right Vad...

[12:54] {Threei} 53% Now Oppose Congressional Health Care Reform

[12:54] {Threei} Just 25% Now Say Stimulus Has Helped The Economy, 31% Say it Hurt

[12:54] {Threei} 53% Say Obama is Partisan Democrat

[12:54] {Threei} and for a good measure:

[12:54] {Threei} 64% Say Baseball Players Today Are More Skilled Than 50 Years Ago

[12:54] {Threei} lol

[12:55] {Threei} good exit ese

[12:55] {Threei} you have highly developed feel of danger

[12:56] {BillyD} that is good fear stimulus

[12:57] {ese} tks

[12:58] {Threei} relentless climb continues

[12:58] {Threei} not my type of day at all

[12:59] {Threei} I am glad to be at all positive on this k,ind of days

[13:03] {_bradc} what kind of days do you prefer?

[13:04] {magoo} i prefer profitable days

[13:04] {Threei} lol

[13:04] {Threei} trending days are good, but there are different kinds of trend movement

[13:05] {Threei} what we have today is just straight slow up with no meaningful pullbacks

[13:05] {Threei} in this kind of movement you rarely find entry

[13:07] {Threei} Reid said no vote on health care bill untill they come back fromAugust recess

[13:10] {_bradc} do you measure your pull backs with a method like fibbonaci retracement or something else?

[13:11] {Threei} not really although when I look at my preferrable entries, they more often than not coinside with Fib levels

[13:26] {Threei} Long Setup: CAT .37

[13:26] {Threei} if stays above .25

[13:33] {patience} patience is waiting to put some money to work.....got bills to pay....what to do, what to do

[13:36] {BillyD} NDX C&H

[13:37] {dino} dino is mesmerized that no pullbacks have occured. really limiting opportunities for my style

[13:37] {nemo} cat not moving with the market

[13:38] {magoo} in cat

[13:38] {Threei} I wanted to kick CAT in the rear but then realized it would be brutality toward animal

[13:39] {fernp} in CAT too

[13:39] {magoo} l amzn too here

[13:39] {Threei} here kitty kitty kitty

[13:43] {Threei} I like cats

[13:43] {BillyD} allergic to them, but ok here from a distance

[13:43] {Threei} not sure about potwential guys, maybe let's lighten up here

[13:45] {BillyD} out here thx Vad

[13:47] {magoo} out .47 TY DL

[13:47] {magoo} in .33

[13:48] {magoo} stoppedamzn

[13:49] {fernp} ty Vad. out .47

[13:50] {Threei} :)

[13:55] {BillyD} you sell all CAT Vad

[13:55] {Threei} half

[13:55] {Threei} offering second half .55

[13:56] {BillyD} lol.......just want taht extra penny

[13:56] {BillyD} new high

[13:57] {Threei} stop under .30, I am safe here

[13:57] {Threei} under .40, sorry

[13:58] {magoo} held well

[13:58] {BillyD} our friend BCRX

[13:58] {Threei} your choice of friends, Billy...

[13:58] {Threei} Fed's Fisher: Inflation is not an issue in the short term; concerned about inflation pressure

[13:58] {Threei} - sees Shipping and Rail sectors will be leading indicators.

[13:58] {Threei} - notes financial markets are showing a better tone.

[13:59] {wulff} +.40 CTRP

[13:59] {BillyD} lol

[13:59] {Threei} okay CAT, I got it

[13:59] {Threei} you no likey to be milked

[14:00] {Threei} BCRX new high

[14:00] {Threei} no news

[14:00] {Threei} shrug

[14:00] {Threei} just buy damn thing and put sell at 9, lol

[14:00] {BillyD} and stop 7.5

[14:00] {wulff} been watching that all day

[14:01] {wulff} turned my head one minute

[14:02] {wulff} VAD, got a speeding tkt in Bellingham

[14:02] {Threei} yikes

[14:02] {wulff} $150

[14:02] {wulff} 40 in 25

[14:04] {Threei} be back in 20

[14:09] {BillyD} CKSW any news for drop

[14:14] {fernp} no news in DJ news Billy

[14:14] {BillyD} ty fern

[14:14] {BillyD} I couldn't enter w/out knowing with that continous drop

[14:30] {Threei} Wednesday, July 22, 2009 3:03:32 AM

[14:30] {Threei} Click Software Reports Q2 $0.09 (adj) v $0.07e, R $14.4M v $13.7Me

[14:31] {Threei} Treasury sends proposal for resolution authority to Congress

[14:31] {Threei} - plan would give the Treasury the power to appoint the FDIC or SEC to rescue or unwind failed financial firms.

[14:31] {Threei} - seizure of a large firm would have to be authorized by a two-thirds vote of the Fed, FDIC and SEC boards followed by Treasury approval.

[14:31] {Threei} - banks with more than $10B in assets would pay examiner fees based on their size and complexity.

[14:31] {BillyD} thx Vad....

[14:32] {Threei} guess who is on TV

[14:36] {magoo} thought CAT had more..held real well

[14:36] {Threei} yeah but sdrop under original entry was not good for holding

[14:36] {Threei} reentry was possible of course...

[15:01] {ese} he is not.....he is skulking..........fitb

[15:01] {magoo} .

[15:04] {magoo} ..

[15:05] {ese} ...-- ..-- .-. morse code maybe

[15:06] {magoo} hey..why u still here?

[15:06] {magoo} lol

[15:06] {ese} still have 10k of fitb that i'm watching

[15:07] {ese} will exit at the end of the day

[15:20] {dptl} have a great evening all

[15:20] {Threei} take care dp

[15:21] {BillyD} Vad, that kitty cat makes me want to put the boots on

[15:21] {Threei} PETA is watching Billy

[15:21] {BillyD} lol

[15:22] {ese} see ya dp

[15:34] {Threei} CAT lost all connection to the market

[15:34] {magoo} CAT not even flinching with mkt pullbk

[15:34] {Threei} to Earth

[15:34] {Threei} to Solar system

[15:34] {Threei} to reality

[15:34] {Threei} to gravity

[15:39] {dino} .

[15:40] {Threei} second day I have this feeling that BCRX is far from done, and it does go up,

[15:40] {Threei} but does it in a way that I can't grasp

[15:41] {BillyD} smart $ accumulating it seems

[15:41] {BillyD} or manipulated $ building for secondary

[15:43] {BillyD} it doesn't matter, no read, no play

[15:48] {Threei} okay guys, going to call it a day

[15:48] {Threei} no intention to force any trades on last minutes

[15:48] {Threei} have a good evening, see you tomorrow

[15:48] {BillyD} bye vad

[15:48] {fernp} good nite all

[15:49] {magoo} ty bossasaurus

Jul 22 2009

Very nice morning with three quick wins, then things got dull. MS, HIG, SBUX worked like charm.

Session Time: Wed Jul 22 00:00:00 2009

[08:00] {Threei} Wells Fargo & Co Reports Q2 $0.57 v $0.34e, R$22.5B v $20.5Be
[08:01] {Threei} NVAX Announces Selection of a Respiratory Syncytial Virus Vaccine Candidate for Advanced Preclinical Studies (3.19, 0.00, 0.00%)
[08:02] {Threei} MS Reports Q2 -$1.37 v -$0.49e, R$5.4B v $5.35Be
[08:03] {Threei} ONXX Study shows Nexavar in combination with Chemotherapy helps fight breast cancer (31.62, 0.00, 0.00%) (related BAY.GE )
[08:04] {Threei} grabbed MS short at 26.93 :)
[08:05] {Threei} covered +1
[08:05] {BillyD} gm
[08:05] {Threei} Billy :)
[08:05] {BillyD} nice already
[08:05] {Threei} big earnings miss
[08:06] {Threei} ONXX nothing was available when news came out
[08:06] {Threei} and WFC was confusing
[08:06] {Threei} looked as long first few seconds, then reversed hard
[08:11] {BillyD} u watching wfc
[08:11] {Threei} too wild
[08:12] {BillyD} doesn't give clear direction
[08:12] {BillyD} you pick MS up on news scanner
[08:17] {Threei} yes
[08:17] {Threei} 08:02] {Alert} Threei MS Reports Q2 -$1.37 v -$0.49e, R$5.4B v $5.35Be
[08:30] {JohnK} gm folks
[08:30] {Threei} Jonh :)
[08:30] {Threei} *(CA) CANADA MAY RETAIL SALES M/M: 1.2% V 0.5%E; EX AUTO M/M: 0.7% V 0.5%E
[08:30] {BillyD} Hi John
[08:41] {magoo} morning
[08:41] {BillyD} magoo
[08:41] {Threei} mags :)
[08:42] {magoo} hi vad..what u watchin?
[08:42] {Threei} MS, WFC, BCRX, HGSI
[08:43] {magoo} i see financial down..reports bad?
[08:43] {Threei} caught MS short earlier
[08:43] {Threei} yeah
[08:43] {magoo} nice
[08:45] {BillyD} BCRX shortable
[08:50] {magoo} yea
[08:52] {nemo} awi[awa jq
[08:52] {nemo} I feel like Mags writes
[08:54] {Threei} nemo :)
[08:57] {fernp} good morning everybody
[08:57] {Threei} fern :)
[08:57] {BillyD} HGSI holds it gap fairly well
[08:58] {nemo} fcx and rimm currently nice dbi formations, well fcx dropping as I write this
[08:59] {Threei} stop writing, maybe it'll stop dropping
[09:00] {magoo} CAT heading down
[09:09] {cosmo} SBUX hod
[09:09] {cosmo} 16.30 spike last night
[09:10] {Threei} Yesterday 16:05 SBUX Reports Q3 $0.24 v $0.19e, R $2.4B v $2.38Be
[09:10] {Threei} - Q3 US SSS -5%, International SSS -2%
[09:10] {Threei} - Q3 US Operating Margin 8.5% v -0.8% q/q
[09:10] {Threei}
[09:10] {Threei} and couple upgrades
[09:12] {cosmo} SBUX should hold 16
[09:13] {Threei} {SBUX} don't tell me what to do
[09:13] {cosmo} needs to hold 15.90 imo
[09:15] {dino} gm all
[09:16] {Threei} dino :)
[09:18] {dptl} good morning all
[09:19] {Threei} dp :)
[09:20] {magoo} vad, look ONXX
[09:22] {Threei} [08:03] {Alert} Threei ONXX Study shows Nexavar in combination with Chemotherapy helps fight breast cancer (31.62, 0.00, 0.00%) (related BAY.GE )
[09:23] {ese} good morning.........
[09:24] {dino} fuqi
[09:24] {BillyD} ese :)
[09:24] {fernp} ese
[09:24] {Threei} ese :)
[09:24] {ese} howdy boyzzzza.....
[09:24] {Threei} FUQI International Offering 4.5M shares (20.4% of shares oustanding)
[09:24] {Threei} - will also grant a 30-day option to the underwriters for the purchase of up to an additional 675,000 shares of common stock to cover over-allotments.
[09:26] {Threei} so far MS formed resistance at 26.50
[09:26] {Threei} let's see if we get a short setup
[09:28] {jfjf64} mornin all
[09:28] {Threei} jf :)
[09:28] {_patel} good morning traders. Today is my 1st day in this chat
[09:28] {BillyD} welcome
[09:29] {Threei} morning payel, welcome
[09:29] {Threei} patel, sorry
[09:29] {nemo} forgive Vad's typing
[09:29] {nemo} it's always like that
[09:29] {_patel} lol
[09:29] {Threei} yup
[09:29] {Threei} too bad you haven't started yesterday, LOL
[09:30] {jfjf64} patel mk money early fun later welcome
[09:30] {cosmo} FUQI heals it seems
[09:30] {nemo} first time I ever saw someone type with a Ukranian accent
[09:30] {Threei} .short ms .30 break half lot
[09:30] {cosmo} oops
[09:30] {Threei} Short Setup: MS .30 break half lot
[09:30] {Threei} stop above .50
[09:33] {Threei} invalidated
[09:35] {Threei} wow SBUX
[09:35] {Threei} pullback into .30 is long
[09:35] {cosmo} drink-up
[09:36] {nemo} ms collapsed
[09:36] {nemo} has ms I guess
[09:36] {jfjf64} sbux??
[09:36] {Threei} well, no setup on MS that we could utilize
[09:36] {nemo} understood
[09:37] {Threei} jf... don't scream at me that early...
[09:37] {Threei} [09:35] {Threei} wow SBUX
[09:37] {Threei} [09:35] {Threei} pullback into .30 is long
[09:38] {jfjf64} afl vad ya lk
[09:38] {Threei} 33 break...
[09:38] {Threei} could be
[09:38] {Threei} too fast eh
[09:39] {jfjf64} y
[09:39] {Threei} see if pulls back under 33
[09:39] {jfjf64} hig also
[09:39] {Threei} Long Setup: SBUX .55 if stays above .45
[09:39] {nemo} oops
[09:40] {jfjf64} missed
[09:40] {Threei} sheesh... things are hectic
[09:40] {Threei} yeah, too fast
[09:40] {nemo} ms had a short setup support for 3 minutes
[09:40] {jfjf64} orex lk
[09:40] {nemo} kinda' repeat yesterday morning
[09:41] {Threei} OREX... .89 break
[09:41] {Threei} very risky one
[09:42] {Threei} Long Setup: HIG 12 break
[09:42] {Threei} support is .95 or .90, both a valid
[09:44] {Threei} SBUX
[09:44] {Threei} pulling back for entry
[09:44] {Threei} first strength from here
[09:44] {Threei} .56 long trigger
[09:45] {Threei} if stays above .45
[09:47] {Threei} 1:1
[09:47] {fernp} ty
[09:47] {BillyD} out ty
[09:47] {Threei} finally, got one
[09:47] {nemo} ty
[09:47] {Threei} 1:2
[09:47] {magoo} in orex
[09:48] {JohnK} great trade SBUX thx T :)
[09:48] {Threei} welcome
[09:48] {Threei} good illustration to "let the price come to you"
[09:48] {jfjf64} cafe latte for alll ty ty ty
[09:48] {JohnK} still waiting for HIG
[09:49] {Threei} HIG is taking its sweet time
[09:49] {Threei} MS is back into resistance
[09:49] {Threei} no read on it
[09:49] {Threei} weird moves
[09:50] {Threei} you got OREX on pullback into trigger mags?
[09:50] {magoo} yea
[09:50] {Threei} sold any yet?
[09:50] {Threei} nice jump after your entry
[09:51] {nemo} in hig
[09:51] {JohnK} me too
[09:51] {Threei} Long Setup: RIMM .80 break
[09:52] {Threei} if stays above .65
[09:52] {Threei} HIG 1:1 for hardcore scalpers
[09:52] {fernp} ty again
[09:52] {Threei} :)
[09:53] {ese} wfc beats the street and gets trashed.......
[09:53] {Threei} SEC Schapiro: would be helpful for congress to pass legislation requiring mandatory registration by credit rating agencies
[09:53] {Threei} RIMM 1:1
[09:53] {Threei} 1:2
[09:53] {magoo} 08 rimm TY
[09:54] {JohnK} out of both HIG and RIMM thx T great day so far :)
[09:54] {Threei} good job John
[09:54] {BillyD} ty RIMM
[09:54] {jfjf64} out rimm
[09:54] {Threei} is summer over?
[09:54] {BillyD} let's pray
[09:54] {Threei} sure trading yesterday and today feels like it
[09:54] {ese} nice job on Hig john
[09:54] {Threei} fast, furious, determined
[09:54] {magoo} out OREX here TY
[09:55] {Threei} RIMM explosion
[09:55] {jfjf64} blackberrys for all and latte
[09:55] {Threei} lol
[09:55] {jfjf64} lol
[09:55] {JohnK} thx ese - I had some help :)
[09:55] {Threei} jf... do I have a surpise for you
[09:55] {jfjf64} more pictyures
[09:56] {Threei} YES!
[09:56] {Threei} lol
[09:56] {jfjf64} ya readin is on pictures for all
[09:56] {Threei} most of all I am happy that I felt this spike of activity coming... remember my Monday warning that market is pregnant with something big?
[09:56] {Threei} tells me I am not fully numb despite coma
[09:57] {BillyD} good read
[09:57] {wulff} never fails to amaze me
[09:57] {BillyD} keep up the good work!
[09:57] {jfjf64} ya still im rimm
[09:57] {Threei} HIG... move 3-5 cents more, will ya?
[09:57] {nemo} I scalped and a half @ .08
[09:58] {jfjf64} ese buy 50000 shares for us
[09:58] {chiro} ss WFR 20.53
[09:59] {Threei} stop above .60?
[09:59] {Threei} or you are keeping it wider for bigger move?
[09:59] {Threei} MAY HOUSE PRICE INDEX (M/M): 0.9% V -0.2%E
[09:59] {Threei} - prior revised from -0.1% to
[09:59] {Threei} wow
[10:00] {Threei} good boy HIG
[10:00] {Threei} 1:1 for those who kept stop under .90
[10:00] {chiro} stop BE...out partial @ .39
[10:00] {Threei} 1:2 for .95ers
[10:01] {Threei} Fed's Bernanke repeats testimony from Tues
[10:01] {nemo} that housing number rocketing the dow
[10:01] {Threei} why, they didn't get it first time?
[10:01] {magoo} out hig .12 TY vad
[10:01] {magoo} out sbux .94 ty vad
[10:01] {Threei} welcome mags... didn't think you'd play it
[10:01] {Threei} slow one, not really your type
[10:01] {magoo} i know
[10:01] {magoo} torture
[10:02] {Threei} now SBUX... yeah, it's caffeine loaded and is totally yours
[10:02] {magoo} but had sbux rimm hgsi to keep me busy
[10:02] {BillyD} good hold on SBUX mags
[10:02] {Threei} okay, daytraders get almost 1:2 on HIG,
[10:02] {Threei} so make up your mind:
[10:02] {Threei} full out or 1/4 and trail
[10:02] {nemo} look at ms
[10:03] {Threei} I don't want to
[10:03] {BillyD} MS like nothing ever happened
[10:03] {Threei} US Treasury's Wolin: markets showing signs of stabilization
[10:03] {Threei} that's the advantage of ms, billy
[10:04] {Threei} hey... that was a good joke... have nercy anyone
[10:04] {Threei} ms
[10:04] {Threei} as in multiple sclerosis?
[10:04] {Threei} sigh...
06[10:04] * Threei leaves this world for monastery
[10:05] {Threei} see you in three years
[10:05] {jfjf64} sbux settin up again
[10:05] {Threei} good bye cruel workld
[10:05] {nemo} I[09:36] {nemo} ms collapsed
[10:05] {nemo} [09:36] {nemo} has ms I guess
[10:05] {Threei} great nemo... not only we have similar sense of humor,
[10:05] {Threei} no one underdtand or appreciates either of us
[10:06] {nemo} Yeah, ask my ex
[10:06] {jfjf64} fmbi
[10:09] {Threei} adrenalin deprived, keep an eye on HGSI
[10:09] {Threei} inching toward yesterday's high
[10:11] {jfjf64} ms wow
[10:12] {jfjf64} orex pullbk
[10:13] {wulff} RIMM looks too obvious
[10:14] {chiro} out WFR +.25
[10:15] {fernp} gj chiro
[10:16] {BillyD} Vad SBUX here over .81
[10:16] {BillyD} too late
[10:16] {magoo} oh shit look OREX
[10:16] {Threei} not sure about it Billy
[10:16] {Threei} yeah, OREX went postal on us
[10:16] {BillyD} maybe more PB
[10:17] {nemo} market weakening hig holding
[10:18] {jfjf64} yes nemo
[10:18] {BillyD} HIG surprised me
[10:19] {nemo} scalper reentry .21 break after tht big orer?
[10:19] {nemo} that, order
[10:19] {BillyD} RIMM bounce area
[10:19] {Threei} trying to make my peace with the fact that it looks too perfect nemo
[10:20] {nemo} if holds .15
[10:20] {nemo} or .14
[10:22] {nemo} so much for that
[10:24] {jfjf64} rimm
[10:27] {BillyD} AFL .51
[10:30] {jfjf64} billy d ya want trigger at 33.51 afl
[10:30] {Threei} DOE CRUDE: -1.8M V -2ME; GASOLINE: +813K V +750ME; DISTILLATE: +1.2M V +1.5ME
[10:30] {BillyD} thinking about it, will need mkt help, also wanted it to hold .40
[10:31] {magoo} rimm short vad?
[10:32] {BillyD} AFL invalidated for me
[10:32] {Threei} can't tell mags
[10:32] {Threei} bounce is equally likely here
[10:33] {magoo} read on HGSI?
[10:35] {Threei} none here but will be watching for bounce if dives under 14
[10:35] {Threei} alternatively, some consolidation under .20, then break
[10:38] {BillyD} SBUX pretty strong considering mkt PB
[10:41] {BillyD} OREX may have more
[10:41] {jfjf64} 92000 just went through orex
[10:42] {jfjf64} lot buyers
[10:42] {magoo} whats news OREX
[10:42] {jfjf64} and sellers
[10:42] {magoo} becomiong a HGSI
[10:42] {jfjf64} lol
[10:42] {BillyD} was hoping for more consolidation on it
[10:43] {Threei} 20 Jul 2009 06:59 OREX Contrave Phase III program meets co-primary and key secondary endpoints
[10:43] {Threei}
[10:43] {magoo} ty
[10:43] {jfjf64} .30 break looks lk it was set up
[10:43] {Threei} SEC's Shapiro: Will make a decision with regards to short sales within the next two months; still considering circuit breakers and reinstatement of uptick rule - Q&A
[10:44] {jfjf64} tarr and feather shapiro get a life
[10:45] {Threei} this is so funny
[10:45] {Threei} with everything that is going on they waste the time and effort on this irrelevant bs?
[10:46] {nemo} Yes, and No...we know it doesn't mean diddly...but the masses are calling for action. You throw them a bone, so they can go back home, watch TV, and drink beer
[10:46] {jfjf64} market showin life and they want to fixx it
[10:46] {Threei} masses don't are when market goes up
[10:47] {Threei} and it did - even though all the short selling rules are in place
[10:47] {jfjf64} sound lk me nemo comon
[10:47] {BillyD} shorts help mkt go up....educate the masses
[10:48] {BillyD} OREX makes the .12 breakout play look easy now
[10:48] {nemo} You can't educate the masses...they're dumb. Paradoxes are beyond them
[10:49] {jfjf64} lookin at that how did i miss that
[10:49] {BillyD} it was spike from .87 - 9.03 for that kept me out
[10:50] {Threei} well, it's right back into that level
[10:53] {jfjf64} vad usb tk look
[10:54] {Threei} don't know
[10:59] {magoo} bib bouncerimm
[10:59] {magoo} sigh typing
[11:03] {magoo} rimm again
[11:07] {_patel} quick question? with me trading small (100 to 400) shares. How should I take profits? Close the position or take partials.
[11:08] {Threei} not much room for partials with 100 shares...
[11:08] {Threei} it's a training size really, not money making size
[11:08] {_patel} well, threei, I like your risk reward
[11:08] {_patel} so i probably be doing 500 shares.
[11:08] {Threei} just not at once
[11:09] {Threei} there is a procedure for defining yor position size,
[11:09] {Threei} and for gradual increase of it
[11:09] {magoo} amzn read vad?
[11:09] {Threei} none here mags, things lost the drive for now
[11:17] {Threei} ok... activity died down for a while
[11:17] {Threei} jf
[11:18] {Threei} drum roll
[11:18] {Threei} http://www.realitytrader.com/photography/2009/07/city-bird.html
[11:18] {ese} i can do that drum roll
[11:18] {Threei} :)
[11:18] {Threei} you'll recognize the place ese
[11:19] {dino} major tech issues, ughhhhhhhh
[11:19] {ese} kind of
[11:20] {Threei} Beacon Hill park, from the Douglas rd entry
[11:20] {ese} ahhhhh....i wouldn't have got that
[11:21] {jfjf64} very nice vad nice
[11:21] {Threei} ty
[11:21] {ese} those are very good pictures though vad......
[11:21] {ese} artistically well done
[11:21] {BillyD} Vad, a second calling
[11:22] {jfjf64} for sure dont leave us yet
[11:22] {Threei} sorry jf, that monastery is settled deal
[11:23] {ese} ya right!!!!! with stocked vodka cabinet.......
[11:24] {jfjf64} vad all kiddin aside showw us the GOOD pictures
[11:24] {Threei} and you should see the nuns...
[11:24] {ese} ouch!
[11:24] {fernp} nice pics, Vad
[11:24] {Threei} sorry jf, what you and magoo consider good pictures is not suitable for the family room {G}
[11:25] {Threei} ty fern
[11:25] {jfjf64} always fun here mk cash early hv fun i cd live with this
[11:26] {jfjf64} good adrenline rush earlier
[11:26] {Threei} we cd too espcly if you strtd typng whole wrds
[11:26] {BillyD} roflol
[11:28] {jfjf64} genz vad any read
[11:29] {Threei} well
[11:29] {Threei} formally, .65 is long trigger
[11:29] {Threei} stock calls for half lot
[11:30] {Threei} reliability of it here is questionable
[11:30] {Threei} I personally will skip this one
[11:37] {jfjf64} genzin .68
[11:38] {jfjf64} out .78
[11:38] {Threei} stinkin' scalper
[11:39] {magoo} hgsi losdt 14
[11:39] {jfjf64} grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
[11:39] {Threei} see GENZ?
[11:39] {Threei} thin stock...
[11:39] {Threei} moves easily
[11:44] {magoo} like pulp
[11:46] {jfjf64} im outta here my friends ty vad
[11:46] {Threei} take care jf
[11:47] {fernp} bye jf
[11:47] {jfjf64} goin to get me a latte at sbux
[11:48] {BillyD} OREX maybe if takes .20 with some action
[11:54] {nemo} DB on cat?
[11:54] {nemo} or higher low
[11:57] {BillyD} small range today so far
[12:02] {BillyD} Vad, see any worthwhile setup forming ob SBUX
[12:02] {BillyD} besides a first B?O
[12:02] {BillyD} B/o
[12:03] {Threei} b/o is it
[12:03] {Threei} 17.10 break if hlding above 17
[12:03] {Threei} how reliable it is at this time of the day, I'll leave to your discretion
[12:04] {BillyD} lol............why I am asking you
[12:04] {BillyD} marginal
[12:05] {Threei} let's say 52/48 :)
[12:05] {BillyD} BCRX holds a tight range here, could be something later off .80
[12:05] {BillyD} lol
[12:17] {Threei} lol... really takes patience eh
[12:17] {Threei} but... so far so good
[12:17] {Threei} and 1:1 is coming
[12:17] {BillyD} never took it
[12:18] {Threei} okay
[12:18] {BillyD} it held very strong on mkt PB
[12:18] {Threei} yup
[12:18] {Threei} 1:1
[12:18] {Threei} crying yet?
[12:19] {BillyD} .18 is the high from 8/15/08
[12:19] {Threei} gosh... you dig deep {G}
[12:19] {BillyD} nah...I did try at .14 but it jumped too dfast after it hekd
[12:19] {BillyD} maybe too deep.........
[12:19] {Threei} hehe
[12:19] {BillyD} lol
[12:21] {Threei} 1:2 is on horizon
[12:21] {BillyD} ok...now I'm crying
[12:22] {Threei} tell me when to shut up
[12:22] {Threei} :)
[12:22] {BillyD} I didn't realize you put so much emphasis on that extra 2% as confidence 52/48
[12:23] {Threei} lol
[12:24] {BillyD} I am always learning something new
06[12:26] * Threei whispering "1:3 is coming"...
[12:26] {magoo} which stok?
[12:27] {BillyD} this is good conditioning....ty
[12:27] {ese} am outa here today....have a tee time in 1 hour catch ya tomorow
[12:27] {BillyD} SBUX magoo
[12:27] {Threei} take care ese
[12:27] {fernp} bye ese
[12:28] {Threei} (US) House Speaker Pelosi (D): There are enough votes to pass the healthcare bill in the House
[12:28] {Threei} - intend to have a vote on the bill some time next week; waiting to see what the Senate is doing. (related IYH )
[12:28] {BillyD} MKT help big time on SBUX
[12:31] {dino} supx
[12:32] {dino} l .83 stop .71
[12:32] {dino} safm, ati, aan
[12:33] {dino} working backwards on old system
[12:33] {BillyD} scalping dino
[12:34] {dino} yeah, out of it a bit today
[12:36] {BillyD} look at HIG
[12:36] {BillyD} another one proved me wrong for thinking
[12:42] {Threei} well
[12:42] {Threei} by now you know thinking is not good for you
[12:43] {BillyD} yes
[12:45] {dino} supx stopped
[12:57] {dino} twm l .39 stop lod
[13:09] {BillyD} BCRX
[13:17] {fernp} SBUX new high
[13:20] {Threei} amazingly sustainable movement
[13:21] {Threei} and BCRX... it starts looking like another run in the making
[13:24] {dino} will they do 11 in a row up?
[13:41] {larisa} i think all time record is 19 days for Nasdaq
[13:41] {Threei} realy?
[13:41] {Threei} when?
[13:41] {Threei} I bet 1999!
[13:42] {larisa} 1979 i think, but i am not sure, read that article long time ago
[13:42] {Threei} lol, whole 1999 in my memory is one movement up
[13:43] {Threei} of course my memory doesn't go further than 3 days ago
[13:43] {Threei} so don't rely on it
[13:49] {Threei} BCRX...
[13:50] {Threei} 8.02 break long half lot
[13:50] {Threei} if stays bove .90 - .95 zone
[13:51] {Threei} has a chance to go loco
[14:09] {Threei} yawn
[14:10] {dino} out twm .70, +.31
[14:11] {nemo} out bcrx
[14:15] {BillyD} mkt got tight again after this morning
[14:17] {BillyD} OREX holds .90 well, worth a shot short if breaks it
[14:20] {Threei} summer returned this afternoon, lol
[14:35] {dino} safm hl l .80
[14:38] {_bradc} If your triggers hit and get stopped is it a valid play the other way?
[14:38] {Threei} often yes
[14:39] {Threei} unless it's decisively against the market direction, most setups are two-sided
[14:39] {Threei} meaning, invalidation can be taken as trigger to play the opposite way
[14:40] {Threei} I prefer to play invalidation rather than stop for this
[14:40] {Threei} less chance for a shakeout
[14:41] {_bradc} in a ranging market it seems that if the trigger hits goes weakly and you do not enter and wait for invalidation it seems to give a confirmation of the invalidation direction
[14:42] {Threei} often, yes
[14:43] {Threei} another scenario is, you do not enter, it moves 40 cents with no pullback and you rip the hair of your head... enter SBUX break at 17.10 :)
[14:44] {_bradc} what do you mean you 'prefer to play invalidation rather than stop'?
[14:44] {nemo} rimm vad
[14:44] {nemo} winkle
[14:45] {Threei} meaning, I prefer to play agaianst original setup direction if it gets invalidated - stoo level is hit before the trigger,
[14:45] {Threei} rather that stop where it's (stop) is hit after trigger
[14:45] {Threei} invalidation does no harm, just cancels the setup
[14:45] {Threei} stop is actual stop
[14:50] {cosmo} CKSW tests 8 hod soon
[14:51] {cosmo} 8 wall
[14:52] {Threei} LLTC...
[14:53] {Threei} if market repeats big uopward spurt, this one has a chance
[14:56] {larisa} when did we have big one.. just checking :)
[14:56] {Threei} can't get rid of feeling BCRX is not done
[14:56] {Threei} UBSS 8.01 order just begs for a play
[14:57] {BillyD} like yesterday at .51
[14:58] {Threei} right
[14:59] {Threei} 6.5K at .86 taken
[15:00] {Threei} Shoppertrak: May and June Mall traffic is unchanged, foot traffic in malls is at pre-recession levels (related RTH )
[15:01] {Threei} guess who is coming on TV
[15:01] {_mikej} bcrx short or long
[15:02] {Threei} neither so far
[15:02] {Threei} l,ong if takes that huge offer at 8.01
[15:04] {Threei} turns into bounce play if this offer at .77 is taken
[15:05] {Threei} stop under .70
[15:06] {Threei} nope, no go
[15:09] {BillyD} just enough to shake
[15:09] {Threei} prone to do that... that's why I alerted to half lot
[15:11] {dino} safm to flat
[15:14] {dino} stopped
[15:24] {Threei} HGSI diving
[15:25] {magoo} back, we in anything?
[15:25] {magoo} been gone since 1pm
[15:25] {dino} ati l .30, stop .13
[15:25] {Threei} in navel-gazing mode mags
[15:25] {Threei} fast drop HGSI, maybe something materializes here
[15:26] {dptl} have a great evening all ,see ya tomorrow
[15:26] {dino} cya dp
[15:26] {Threei} take care dp
[15:27] {nemo} I'm off too...leaving I mean...we're all aware of my mental state
[15:27] {nemo} c u 2morow
[15:28] {Threei} take care nemo
[15:28] {dino} cya nemo
[15:33] {fernp} see u all tomorrow. good evening
[15:33] {Threei} fern :)
[15:36] {dino} cya fern
[15:50] {dino} out ati .55, +.25
[15:53] {dino} thx all, gotta hop, tee time in 30
[15:54] {Threei} see you tomorrow dino
[15:54] {BillyD} cya dino
[15:54] {dino} indeed
[15:56] {_bradc} do these scalping set ups work on a longer time frame?
[15:56] {Threei} sure
[15:56] {Threei} there is no such hing as scalping setup
[15:56] {Threei} scalping is not a trading system
[15:59] {Threei} wow
[15:59] {Threei} HGSI
[15:59] {Threei} what was that?
[16:00] {BillyD} news or major squeeze
[16:00] {Threei} I don't see any news
[16:01] {Threei} QCOM Reports Q3 $ v $0.52e, R$2.75B v $2.73Be
[16:01] {Threei} .44 vs .52
[16:02] {larisa} bye :)
[16:02] {Threei} thank you all
[16:02] {Threei} have a good evening
[16:02] {Threei} see you tomorrow :)
[16:02] {BillyD} bye Larisa
[16:02] {larisa} :)
[16:03] {BillyD} Vad, any OREX news
[16:03] {Threei} no
[16:03] {BillyD} ty...have a good evening
[16:04] {Threei} wait
[16:04] {Threei} here it is
[16:04] {Threei} Announces Proposed Public Offering of Common Stock
[16:04] {Threei} no pricing
[16:04] {BillyD} of course not :)

Jul 21 2009

Very atypical day for the summer - amazignly strong and active, with violent AND readable movements. got quite a few nice plays on RIMM, HGSI, BCRX, SPPI, AIG, CAT, AAPL, STT... fireworks day! And speaking of fireworks... check out new addition to the site, http://www.realitytrader.com/photography/

Session Time: Tue Jul 21 00:00:00 2009

[08:27] {cosmo} CAT came back.....the very next day...

[08:29] {cosmo} posted stronger-than-expected quarterly earnings on Tuesday, and raised its full-year outlook, citing signs of stabilization in the world's credit markets and economies.

[08:30] {Threei} wow

[08:30] {Threei} nice gap

[08:31] {nemo} fcx and tck up in sympathy

[08:31] {Threei} HGSI performs another miracle too

[08:32] {cosmo} SPPI gets FDA fast track for bladder meds...

[08:33] {cosmo} (FDA) has granted Fast Track Designation for the

[08:33] {cosmo} investigation of apaziquone (EOquin) for the treatment of non-muscle invasive

[08:33] {cosmo} bladder cancer, ....

[08:34] {Threei} SPPI high yesterday is 6.15

[08:34] {Threei} just slightly higher now

[08:34] {larisa} gm :)

[08:35] {cosmo} lars:)

[08:35] {Threei} larisa :)

[08:35] {cosmo} oh

[08:38] {cosmo} JDAS Announces Record Second Quarter 2009 Results

[08:38] {larisa} cosmo, threei :)

[08:40] {patience} good morning RT :)

[08:41] {Threei} patience :)

[08:41] {BillyD} morning patience

[08:41] {BillyD} Vad :)

[08:41] {Threei} Billy :)

[08:41] {patience} another blissful day in paradise vad

[08:42] {Threei} no kidding

[08:42] {Threei} amazing how stable the fine weather is this year

[08:43] {nemo} almost nothing but rain on the east coast

[08:43] {nemo} well, in Mass.

[08:45] {BillyD} a nice thunderstorm here in AZ, I welcome the break from the heat

[08:45] {nemo} looks like off to the races again this morning

[08:45] {cosmo} INCY: reaches agreement with FDA on a Special Protocol Assessment for INCB18424 in myelofibrosis

[08:52] {fernp} good morning everybody

[08:52] {Threei} fern :)

[08:53] {cosmo} BD: watch out for new ground fissures

[08:53] {BillyD} thewre are more out here than they know

[08:54] {BillyD} builders been filling them in with dirt that does not work

[08:54] {cosmo} geez

[08:54] {BillyD} subdivisions are built on them

[08:54] {JohnK} GM

[08:54] {nemo} what u watchin' vad?

[08:57] {cosmo} lets hope queen creek dont become queen canyon

[08:58] {BillyD} lol

[09:01] {Threei} john :)

[09:01] {Threei} nemo... HGSI... BCRX...

[09:02] {Threei} BCRX looked fully dead yeatsreday but then came back

[09:02] {Threei} maybe has a chance to become undead

[09:07] {dino} gm all

[09:08] {Threei} dino :)

[09:08] {dino} nothing but rain here in pa too nemo

[09:09] {Threei} what cab I say... West coast is blessed

[09:12] {magoo} mornin

[09:13] {Threei} magoo :)

[09:14] {magoo} what u stalking vad?

[09:15] {Threei} HGSI, BCRX

[09:15] {Threei} SPPI

[09:15] {magoo} u watching CAT?

[09:15] {Threei} well... CAT

[09:15] {Threei} just not right on the open

[09:15] {Threei} CAT can be very nasty

[09:16] {magoo} yea..but its in play

[09:16] {Threei} of course it is... with this gap

[09:17] {dptl} good morning all

[09:17] {Threei} dp :)

[09:22] {ese} good morning.......

[09:22] {Threei} ese :)

[09:23] {ese} morning vad......am feeling better this morning......

[09:23] {Threei} good to hear

[09:24] {Threei} the weather is too good to get sick

[09:26] {texus} gm all!

[09:26] {Threei} texus :)

[09:26] {BillyD} hi tesus

[09:26] {BillyD} texux

[09:26] {larisa} lol

[09:27] {BillyD} texus

[09:27] {cosmo} JASO pre mkt high = 4.88 fwiw

[09:27] {texus} that's the one..

[09:27] {BillyD} 3rd time a charm

[09:27] {Threei} so far, as much as you can rely on pre-market charts (and it's admittedly not very much),

[09:27] {jfjf64} mornin

[09:27] {Threei} HGSI is long on .55 break

[09:27] {Threei} jf :)

[09:27] {Threei} and BCRX, I'd prefer pullback

[09:28] {Threei} well, I'd prefer pullback on HGSI too, lol

[09:28] {Threei} honestly, risk on morning spike entry is enormous

[09:28] {nemo} stop on HGSI .40?

[09:28] {Threei} .35 rather

[09:28] {Threei} and it's likelt to be so fast,

[09:28] {Threei} no confidence it can be kept reasonably

[09:29] {Threei} unless it consolidates first, I'll skip break play

[09:30] {Threei} ok, modification

[09:30] {Threei} Long Setup: HGSI .50 break half lot

[09:31] {Threei} if stays above .30 - .35

[09:31] {nemo} oops

[09:31] {Threei} heh

[09:31] {nemo} hgsi flew through

[09:31] {Threei} told ya, unmanageable

[09:31] {Threei} pullback is buyable though if drops into .50

[09:31] {BillyD} flew thru huge offer

[09:31] {texus} wow, am in and out already! fast

[09:32] {Threei} same thing would have happened on a stop side should it elect to break down

06[09:32] * nemo avoids wise comment to texus

[09:32] {Threei} wtg texus

[09:32] {Threei} good reflexes

[09:33] {texus} obviously sold early but qutie volatile

[09:34] {Threei} watching RIMM for bounce

[09:34] {Threei} .80 break, half lot

[09:34] {Threei} if stays above .60

[09:35] {ese} hgsi going nuts

[09:35] {Threei} invalidated

[09:36] {Threei} Long Setup: RIMM .40 break if holding .25

[09:36] {nemo} right through

[09:36] {nemo} wow, jumpy stocks this morning

[09:37] {Threei} over 1:1 who got it

[09:37] {Threei} 1:2, out

[09:37] {tomg} out, ty vad

[09:37] {ese} in and out HGSI .80 .91 +.11

[09:37] {magoo} out i got it

[09:37] {Threei} good job guys

[09:37] {magoo} 'plus i caught HGSI ecxiyt .07

[09:37] {texus} bad entry, but got it, ty

[09:37] {JohnK} Good trade, thx T

[09:37] {Threei} welcome

[09:37] {magoo} NICE TY

[09:38] {Threei} texus, no market orders on this kind of stocks, please

[09:38] {ese} man that was lightining fast

[09:38] {texus} ok

[09:38] {texus} do you have a limit order for say .41?

[09:38] {magoo} AAPL down vad

[09:39] {cosmo} jaso

[09:39] {cosmo} hod

[09:40] {jfjf64} 2 plays missed both grrrrr

[09:40] {Threei} HGSI is likely to drop into new low now

[09:40] {magoo} AIG on fire

[09:40] {cosmo} fire?

[09:40] {Threei} yeah, I am interested

[09:40] {magoo} vad WFC lows

[09:40] {ese} caught that first strenght on first bounce

[09:40] {Threei} watching it

[09:41] {Threei} .93 yesterday's high AIG

[09:41] {Threei} .94 today so far

[09:41] {Threei} Short Setup: HGSI .60 break

[09:41] {Threei} half l,ot

[09:41] {magoo} WFC bounce nears vad

[09:41] {Threei} stop above .75

[09:42] {magoo} missed

[09:42] {nemo} volatile sucker

[09:42] {Threei} over 1:1

[09:42] {nemo} moves too fast for me

[09:42] {ese} financial index down huge

[09:42] {JohnK} TS won't short HGSI :-(

[09:42] {Threei} anyone got it?

[09:42] {texus} broker has no inventory:(

[09:42] {Threei} get real broker John... {G}

[09:42] {magoo} that one setup fast

[09:42] {BillyD} not fast enough here

[09:42] {Threei} texus too

[09:42] {texus} haha

[09:42] {Threei} whoa

[09:42] {BillyD} excellent fal on it

[09:43] {Threei} I mean WHOA

[09:43] {magoo} HOLY SHIT

[09:43] {Threei} that's very technical terminology mags

[09:43] {magoo} oops..i mean WHOA

[09:43] {Threei} deep chart reading there

[09:43] {Threei} Long Setup: AIG .60 break if stays above .50

[09:43] {nemo} S tore H igh I n T ransit

[09:43] {BillyD} maybe AIG bounce

[09:44] {magoo} WFC too

[09:44] {Threei} John... TS is not really fast enough for this kind of plays

[09:44] {magoo} futes down more

[09:44] {Threei} not a day trading broker

[09:45] {Threei} AIG invaliadetd

[09:45] {JohnK} will look into it

[09:45] {nemo} look for aig bounce off .35?

[09:45] {magoo} l WFC .90

[09:46] {magoo} riskaroo

[09:46] {ese} FAZ is going short right.......if it's up lots of shares being shorted

[09:46] {Threei} nemo, let's modify it when it stabilizes

[09:46] {Threei} not yet

[09:46] {Threei} overall, looking for double bottom to form on it

[09:46] {nemo} Just looking, not calling

[09:47] {Threei} let's say .40 break after one more pujllback

[09:47] {magoo} in aig .39

[09:47] {Threei} and holding higher than previous low

[09:48] {chiro} out appl +.60

[09:48] {dino} gj

[09:48] {magoo} WFC picking up..wene with mkt dump

[09:48] {BillyD} did AIG PB enough for long?

[09:48] {Threei} wtg chiro

[09:49] {Threei} welcome to the room btw

[09:49] {chiro} ty

[09:49] {Threei} Billy... yes but don't chase

[09:49] {chiro} thxn 4 all ur help getting set up

[09:49] {BillyD} ok

[09:49] {magoo} look WFC holds

[09:49] {Threei} if it pulls back into trigger or below, fine

[09:50] {Threei} if not either let it go or let it form new setup here

[09:50] {magoo} look at AAPL vad

[09:50] {magoo} read?

[09:50] {Threei} AIG 1:1

[09:50] {nemo} thought we were waiting fur pullback

[09:50] {Threei} hmmm...

[09:50] {Threei} nemo?

[09:51] {Threei} see my exchange with Billy above

[09:51] {Threei} those who got it on .40 break have 1:1

[09:51] {Threei} those who didn't, either pullback into trigger or let it go

[09:51] {Threei} it retreated to .34 from .40 test

[09:52] {jfjf64} bad prin .44

[09:52] {jfjf64} took 9 cents ty

[09:52] {Threei} kind of discretionary, hard to tell whether it was enough of pullback or not

[09:52] {Threei} but then there is magoo, ya know...

[09:52] {Threei} who grabs anything that reathes

[09:52] {BillyD} very true vad

[09:52] {Threei} breathes

[09:52] {magoo} SIGH

[09:53] {magoo} i puit up 5 winners yesterday

[09:53] {Threei} AAPL... not likey it asd long here mags

[09:53] {magoo} HUH?

[09:53] {magoo} confusing

[09:53] {Threei} I don't see it as reliable long

[09:53] {magoo} ok

[09:53] {Threei} kind of 50/50

[09:54] {chiro} CAT call?

[09:54] {magoo} oh shit..all u calls 50/50 lol

[09:54] {magoo} HGSI nuts

[09:54] {Threei} nope, I go for 51/49 or better

[09:54] {nemo} there's mags with that in depth analysis

[09:54] {nemo} wfc break of .10?

[09:54] {Threei} CAT...

[09:54] {Threei} not sure about CAT

[09:55] {BillyD} stocks teleporting today

[09:55] {Threei} WFC is likely to pull back into 25 here

[09:55] {Threei} where it's going to be a better entry than this break

[09:56] {Threei} try to get it closer to 25 on a first strength

[09:56] {Threei} with stop under 24.90

[09:56] {fernp} HIG breaking hod

[09:57] {nemo} break of .10 was the play

[09:57] {magoo} out wfc .14

[09:57] {magoo} ty

[09:57] {nemo} aig keeps going

[09:58] {Threei} it gave .02 - .05 after that break

[09:59] {Threei} HIG'sd interesting

[09:59] {magoo} out AIG .61 TY

[09:59] {magoo} i look to reload if IF

[09:59] {Threei} welcome

[10:01] {Threei} US) FED's Bernake: Demand has shown signs of stablization; rates to be kept low for extended period of time

[10:01] {Threei} - Prompt attention will be needed to be given to deficit levels

[10:01] {magoo} quote SERVER?

[10:02] {Threei} 15

[10:02] {magoo} CIT crazy

[10:02] {magoo} ITS AVAIL

[10:03] {Threei} CIT Group Inc Opening delayed; news pending; releases filing with a few more details from last night's $3B credit facility announcement

[10:03] {Threei} - In filing CIT notes it expects Q2 loss of over $1.5B including a $700M impairment.

[10:03] {Threei} - States that existing liquidity levels will not be enought to make August debt payments if offers are not successfuly completed

[10:03] {Threei} - Sees funding needs for the 12 months ending June 30, 2010 are about $7B.

[10:03] {Threei} - Notes it may be required to sell some assets.

[10:03] {nemo} Congress pay attention to deficits...hahahahahahahahahahaha

[10:04] {Threei} - The Offer, the Credit Facility and any additional liquidity and capital initiatives the Company may undertake, if successful, will increase the Companys capital levels and reduce the amount of its outstanding debt.

[10:04] {Threei} - If the Offer is not successfully completed, the Company does not anticipate that it will otherwise be able to make the upcoming August 17, 2009 maturity payment on the August 17 Notes or otherwise refinance the August 17 Notes prior to their maturity and may need to seek relief under the U.S. Bankruptcy Code, unless the Company is able to obtain alternative financing

[10:04] {dino} rht s .05

[10:04] {ese} markets turning negative

[10:04] {Threei} DOW is still green but probably not for long

[10:05] {ese} indeed

[10:05] {Threei} allow me to remind you from yesterday:

[10:06] {dino} what is a negative market?

[10:06] {nemo} one in which you make money going short

[10:06] {Threei} [13:11] {Threei} feels like something is brewing

[10:06] {Threei} [13:12] {Threei} this is market is pregnant with something big

[10:06] {dino} lol

[10:06] {Threei} fireworks were about to begin

[10:06] {magoo} what is this concept of shotrt of which u speak

[10:06] {Threei} indeed this morning ias far from typical summer one

[10:07] {cosmo} they got laptops on the beach these days

[10:07] {magoo} AAPL report could be catalist for blow off top..temporary top

[10:08] {Threei} CAT...

[10:08] {Threei} looks like bounce ready very soon

[10:08] {Threei} trying to get a structure for the play

[10:08] {Threei} Long Setup: CAT .65 if stays above .50

[10:08] {Threei} half lot

[10:09] {magoo} in

[10:09] {Threei} 1:1

[10:09] {BillyD} ty

[10:09] {Threei} sure thing

[10:09] {Threei} sheesh today is fast

[10:09] {jfjf64} ty ty ty

[10:09] {nemo} too fast for me

[10:09] {BillyD} no kidding, I finally got in

[10:09] {Threei} three times jf??

[10:10] {Threei} wow

[10:10] {BillyD} hjf is so happy to get in

[10:10] {ese} L qid

[10:10] {Threei} today is a good illustration why you want the fastest broker there is

[10:10] {texus} recommendation?

[10:10] {BillyD} and supercharged brain w/ fingers

[10:10] {jfjf64} missed 2 play early grrrrrr cattttttttttttttttt

[10:10] {ese} .48

[10:11] {dino} sds l .25

[10:11] {Threei} jf... I wanted to type "can't blame you"... then changed my mind

[10:11] {Threei} I am going to blame you anyway

[10:11] {JohnK} CAT was good to me - thx T :)

[10:11] {Threei} :)

[10:12] {jfjf64} hgsi

[10:12] {Threei} if nothing else, then fiorrest fires in Kelowna... who said jf is not a good candidate to blame for those?

[10:12] {Threei} HGSI lost its mind

[10:12] {BillyD} so did the sellers under 12

[10:12] {Threei} rofl

[10:12] {BillyD} they are calling therapists right now

[10:13] {ese} out QID .46 -.02 hmmmmmmm not sure i know how to play this

[10:13] {nemo} C&H WFC?

[10:13] {Threei} .25 break... sure if market helps

[10:14] {Threei} HGSI - 14 buyer is out there

[10:14] {Threei} he just doesn't know it yet

[10:14] {magoo} are u calling a trade HGSI?

[10:15] {Threei} if you are OK with chance for multiple tries,

[10:15] {Threei} .50 break

[10:15] {Threei} stop under .30

[10:15] {Threei} lost .30, becomes rather a bounce play

[10:15] {magoo} rather hit pullbk

[10:15] {Threei} tough read on bounces

[10:17] {Threei} WFC works

[10:17] {Threei} good call nemo

[10:17] {ese} l wfc .28

[10:18] {cosmo} JASO might want 5 ....watching

[10:18] {BillyD} AIG steady here

[10:18] {magoo} sometimes AIG just sits now for hours

[10:19] {BillyD} aggressive entry over .61 was the thought

[10:20] {ese} out WFC .29 +.11

[10:21] {dino} sds stopped -.26

[10:21] {magoo} out CAT .97 TY vad

[10:21] {magoo} missed first exit

[10:21] {ese} 3 trades like that in a day is a great living

[10:22] {magoo} in HGSI

[10:22] {magoo} off vads

[10:22] {magoo} waiting .89

[10:22] {magoo} or change

[10:23] {jfjf64} rimm vad ?

[10:23] {Threei} half out .69

[10:24] {dino} abio

[10:24] {Threei} RIMM...

[10:24] {Threei} .30 long

[10:24] {Threei} if stays above .15

[10:26] {texus} stop?

[10:26] {Threei} offering second half .95

[10:26] {magoo} ,9649

[10:26] {Threei} on what texus?

[10:26] {magoo} 947

[10:26] {texus} RIMM

[10:26] {Threei} oh

[10:26] {Threei} under .15... :)

[10:26] {Threei} [10:24] {Threei} if stays above .15

[10:27] {texus} ty

[10:27] {Threei} no worky RIMM

[10:27] {Threei} out HGSI

[10:28] {Threei} direct hit at .95

[10:29] {Threei} [10:14] {Threei} HGSI - 14 buyer is out there

[10:29] {Threei} [10:14] {Threei} he just doesn't know it yet

[10:29] {ese} L WFC .52.....ousy fill

[10:29] {magoo} out here .12

[10:29] {magoo} TY vad

[10:29] {magoo} wow look top

[10:29] {magoo} {for now top}

[10:29] {nemo} yesterday's close ese, could be resistance

[10:30] {nemo} also the pivot

[10:31] {magoo} billy, see how AIG has quit {for now}?

[10:32] {magoo} better targets imo

[10:32] {BillyD} yeah

[10:32] {magoo} waste focus there..miss hgsi here

[10:32] {BillyD} I stopped watching when it broke .50

[10:32] {ese} definately nemo

[10:33] {ese} but if it can can past it.....

[10:34] {nemo} yep

[10:34] {ese} doesn't look like it now though

[10:34] {nemo} Bernanke's talking right now too

[10:34] {nemo} actually looking short

[10:35] {ese} didn't know that........buggar will sabotage my trade

[10:35] {ese} like right now

[10:35] {nemo} yeah, break of .45

[10:36] {jfjf64} stp l .90 break

[10:36] {Threei} Long Setup: STT .50 break half lot

[10:36] {Threei} if stays above .35

[10:37] {magoo} in

[10:37] {magoo} .50

[10:37] {Threei} over 1:1

[10:37] {magoo} out .64 DL TY

[10:37] {magoo} fast

[10:38] {jfjf64} ty

[10:38] {magoo} EASY button worthy

[10:38] {Threei} easy money

[10:38] {Threei} my favorite kind

[10:38] {jfjf64} EM TY

[10:38] {Threei} em?

[10:39] {jfjf64} fast easy money

[10:39] {Threei} your abbreviations constitute whole other lasnguge jf, lol

[10:39] {BillyD} lol

[10:39] {ese} .30's my stop wfc....we'll see what happens

[10:40] {jfjf64} same with ya pictures

[10:40] {jfjf64} lol

[10:40] {magoo} HGSIU

[10:40] {magoo} frenzy vsad

[10:40] {Threei} hey! don't wound artist in me

[10:40] {Threei} yeah, HGSI is not done

[10:41] {nemo} ese, next support on wfc is .25

[10:42] {jfjf64} to tell truth i got chance to look at the pictures very nice

[10:42] {nemo} yeah, really neat

[10:42] {ese} ain't gonna wait that long

[10:42] {Threei} thank you (Threei puts trout back in the holster)

06[10:43] * nemo slaps Threei around a bit with a large sturgeon

06[10:43] * nemo slaps magoo around a bit with a large calico bass

[10:43] {ese} have 1200 shs......max loss approx .22 cents

06[10:43] * magoo slaps Threei around a bit with a large trout

[10:43] {chiro} out CAT +.40

06[10:43] * Threei slaps nemo around a bit with a large 20 lb box of frozen caviar

06[10:44] * nemo thanks Vad...yum...wait, that's cannabalism!!! ahhhhhhhhhh

[10:44] {JohnK} everybody's having fish for lunch? :-)

[10:44] {Threei} lol

06[10:44] * magoo slaps JohnK around a bit with a large trout

[10:44] {ese} if it gets back to .50 i may buy more if it shows strength and tighten stop

[10:44] {magoo} u too

[10:44] {Threei} as dolphins said leaving Earth... good bye and thanks for all the fish

06[10:45] * nemo slaps JohnK around a bit with a large filet of kobe beef

[10:45] {Threei} CAT bounce is coming

[10:45] {Threei} .60 break if stays above .50

[10:45] {Threei} .50 break is short

[10:45] {Threei} but riskier

[10:46] {Threei} market helps though

[10:46] {Threei} HGSI new high

[10:46] {Threei} seller under 12 closes his eyes and swears never ever to hit sell button again

[10:47] {jfjf64} funny

[10:47] {magoo} out cart .64

[10:47] {magoo} TY

[10:47] {magoo} FULL

[10:48] {magoo} sigh..cat

[10:48] {magoo} cart

[10:49] {magoo} [10:47] {&Threei} seller under 12 closes his eyes and swears never ever to hit sell button again

[10:49] {magoo} thats me lol

[10:50] {JohnK} good call CAT short thx T :)

[10:50] {Threei} dumo looks like news, but I see none

[10:51] {nemo} "dumo"?

[10:51] {Threei} dump

[10:51] {Threei} Fed's Bernanke: Commercial real estate market seeing more pressure, which could threaten financing for the sector - Q

[10:51] {Threei} - says Fed is taking steps under current programs to address the issue in commercial real estate.

[10:51] {Threei} NRG

[10:51] {nemo} they had news

[10:51] {Threei} NRG Exelon Terminates Offer to Acquire NRG (24.41, +0.86, 3.65%) (related EXC )

[10:51] {ese} that statement should buggar my trade

[10:52] {nemo} sodamistic references

[10:52] {ese} soda?

[10:52] {ese} did somebody say soda?

[10:53] {ese} HGSI....whoda...thunk it?.......rather stunning i'd say

[10:54] {BillyD} BCRX VAd

[10:54] {BillyD} and SPPI

[10:55] {Threei} both look temopting, especially BCRX

[10:55] {Threei} I jujst wish there was more pace

[10:56] {ese} hmmmm my WFC trade may have escaped purgatory.......

[10:56] {Threei} BCRX... threatens high from two days ago

[10:56] {ese} L FITB .91

[10:57] {Threei} took it

[10:57] {nemo} jumped on the Rhino horn huh?

[10:58] {Threei} no fresh news that I see

[10:58] {Threei} but looks like another candidate to go loco

[10:59] {Threei} will take 7 it seems

[10:59] {BillyD} it may

[10:59] {magoo} where u in?i chasing

[11:04] {Threei} HGSI big drop

[11:05] {magoo} where u in BCRX?

[11:05] {Threei} I am not calling it here mags

[11:06] {ese} wfc stopped .30 -.22

[11:06] {Threei} .30 break was it but it happened faster than I could even start typing

[11:06] {magoo} ok

[11:07] {chiro} out AMGN +.45

[11:07] {chiro} bcrx

[11:07] {Threei} chiro is quietly killing it

[11:07] {Threei} if you post entries too, we may have a chance to benefit :)

[11:07] {ese} financials didn't like what Bernakers had to say

[11:08] {magoo} should i vad?

[11:08] {Threei} as if you need my permission

06[11:08] * magoo slaps chiro around a bit with a large trout

[11:08] {chiro} thnk u sir....may i have another?

06[11:08] * magoo slaps chiro around a bit with a large trout

06[11:08] * magoo slaps chiro around a bit with a large trout

06[11:08] * magoo slaps chiro around a bit with a large trout

06[11:08] * nemo slaps chiro around a bit with a large roll of cash

[11:08] {chiro} OMG!!!....too much excitement

[11:09] {jfjf64} cat??

06[11:09] * Threei quietly shies away in the shadow

[11:09] {Threei} looks long on .50 break jf

[11:10] {Threei} if holding above .30-.35

[11:10] {Threei} here comes 7 BCRX

[11:11] {jfjf64} bcrx

[11:12] {Threei} 10:58] {Threei} but looks like another candidate to go loco

[11:12] {jfjf64} ya got feel for this

[11:13] {jfjf64} gj

[11:14] {dino} sds l .00

[11:19] {ese} L wfc .30

[11:20] {chiro} ss AAPL 151.60....(plz no more smelly trout)

[11:21] {nemo} cat short

[11:21] {nemo} below .00

[11:22] {magoo} yea..but wicked cross

[11:23] {nemo} huh?

[11:23] {magoo} CAT from .07 to .90

[11:23] {magoo} blink

[11:23] {magoo} hence wicked cross

[11:23] {nemo} story of all today's trades-almost

[11:23] {nemo} blink, gone

[11:24] {Threei} nice call nemo

[11:24] {nemo} well, that's my broken clock allotment for today

[11:26] {BillyD} if SPPI thru .50 may be worth a shot

[11:26] {BillyD} it needs volume

[11:31] {BillyD} Vad, KONG nice chart, volume stinks

[11:31] {Threei} that's my eternal problem with this dtock

[11:31] {Threei} it trades by appointment

[11:31] {Threei} no smooth flow

[11:32] {Threei} sleeps for hours, then bursts ik activity and falls back into coma

[11:32] {chiro} out AAPL +.50

[11:32] {BillyD} hmmmm....sds familiar

[11:32] {BillyD} lol

[11:32] {Threei} chart sure is pretty

[11:32] {Threei} chiro does it agasin

[11:33] {BillyD} nice chiro

[11:33] {nemo} didn't tell anybody :(

[11:33] {BillyD} chiro, what was your stop on AAPL

[11:33] {Threei} yeah, we need to guilt him into posting entries

[11:33] {BillyD} he did post AAPL

[11:33] {Threei} oh

[11:33] {chiro} 151.88

[11:33] {Threei} I missed then, sorry

[11:34] {nemo} so chiro get's the "magoo" award so far

[11:34] {Threei} just don't let magoo to kiss you on a cheeck, chiro... that's deadly kiss

[11:35] {nemo} especially if he does it from behind

[11:35] {Threei} sigh

[11:35] {chiro} can't get rid of orig trout smell....will either post entry, or shut up

[11:39] {jfjf64} bcrx ?

[11:40] {Threei} not here... and forgot about it when it pulled back into 7

[11:40] {jfjf64} sleepin on jobbbbbbbbbbbb

[11:40] {nemo} it's about time for his daily coma

[11:41] {jfjf64} or more pictures

[11:41] {Threei} jf... a) always b) proud of it and c) never called any stock being wide awake

[11:41] {jfjf64} c

[11:41] {jfjf64} lol

[11:42] {Threei} now, look through the track record and tell me... you want me to wake up or prefer me to stay in coma?

[11:42] {BillyD} you scared now jf

[11:42] {jfjf64} ya good man vad

[11:42] {jfjf64} never billyd

[11:44] {jfjf64} when vad sends his boys fromm the old country to front door then scared

[11:44] {jfjf64} lol

[11:44] {jfjf64} go bk to coma vad

[11:44] {BillyD} lol....or when vad puts on his Russian army boots

06[11:45] * Threei 's eyelids happily fall back down

[11:45] {jfjf64} that wd be nice picture no

[11:46] {Threei} CAT Hearing Sterne Agee reiterating cautious comments (timing uncertain)

[11:46] {Threei} - Sterne Agee rates CAT at a Sell

[11:46] {Threei} got caught short or what

[11:46] {jfjf64} mrk testin high

[11:53] {dino} fwiw gaps from fri 8744, 1527

[11:54] {dino} after that, far down, from the 14th, 8359, 1452, 905.

[11:56] {dino} sds stop to .40

[11:56] {dino} ironic s/p tags june high and drops

[11:57] {dino} sds to .48

[11:57] {dino} to .60

[11:57] {Threei} lol

[11:58] {Threei} got e-mail from business registry offering to edit RealityTrader profile ikn their database

[11:58] {magoo} nice wreckage they did to cat

[11:58] {Threei} one of links ends with:

[11:58] {magoo} the fix

[11:58] {dino} to .65

[11:59] {Threei} "Klick her"

[11:59] {Threei} I couldn't resist and answered: may I see her photo first?

[12:00] {Threei} Klick is ot a mistype by me btw

[12:00] {Threei} not

[12:00] {Threei} copied from e-mail

[12:01] {Threei} ok... back to sleep

[12:01] {dino} stopped / out .65, +.65

[12:01] {Threei} you guys are void of sense of humor

[12:01] {Threei} even by my admittedly very low standards

[12:02] {nemo} you mean your "deviant" standards

[12:03] {Threei} no, that word is longer than 2 syllables

[12:03] {Threei} I use none of those

[12:09] {jfjf64} bcrx

[12:15] {dino} bonds moving up, market may continue down

[12:15] {magoo} HGSI

[12:15] {magoo} vad a read?

[12:15] {nemo} $ up too

[12:15] {dino} yes

[12:16] {magoo} RIMM vad..any read

[12:18] {magoo} someone kick vad wake his arse up

[12:19] {BillyD} HGSI looks to be mounting

[12:19] {BillyD} or assemble the troops for .40

[12:20] {Threei} RIMM no

[12:20] {Threei} HGSI... could be

[12:21] {Threei} co far .40 is closest resistance to break

[12:21] {magoo} who kicked ya? i owe em a beer

[12:21] {Threei} no one, I am coma

[12:21] {nemo} in one?

[12:21] {magoo} id pull plug for ya if u ever need me

[12:21] {Threei} I just have two kinds of it: typing-allowed coma and no-typing-allowed coma

[12:22] {nemo} title of Will Smith's new movie?

[12:22] {Threei} thanks mags

[12:22] {magoo} :)

[12:22] {dino} lol

[12:22] {Threei} nixce to know I won't be a vegetable

[12:22] {magoo} wouldnt hesitate...count on magoo

[12:23] {Threei} House Majority leader Hoyer (D) reiterates wealth tax surcharge is one way to pay for healthcare bill, but open to other means of funding the reform

[12:23] {Threei} - Reminder on 7/7 Hoyer commented that health care reform must be paid for and that all options were on the table

[12:24] {magoo} kills me..these wealthy f'ers all donated to obanmma...this is what they wanted

[12:25] {chiro} AAPL...ndl on the way?

[12:25] {Threei} not sure chiro

[12:26] {Threei} look at NQ intraday

[12:26] {Threei} it forms almost perfect breakdown formation

[12:26] {Threei} lately market tended to ruin those quite violently

[12:27] {Threei} if I was so inclined to come out of coma andtrade here,

[12:27] {Threei} I would hunt for longs on RIMM and AAPL

[12:27] {Threei} AAPL .20 - .25 breal

[12:27] {Threei} RIMM .50 break

[12:28] {jfjf64} rimm holdin what pls

[12:29] {Threei} .30

[12:29] {dino} tlvt

[12:30] {magoo} AApl should attempt some sort of bounce today

[12:30] {Threei} US) Senator Conrad (D): Considering taxing health insurers, tax would affect high-end health plans

[12:30] {Threei} - Note that Conrad is chairman of the Senate Budget Committee

[12:30] {magoo} SHOULD key

[12:30] {Threei} Treasury: Plans to create a department at the SEC to oversee ratings companies

[12:31] {Threei} I suggest a tsar

[12:31] {Threei} we have not enough of those

[12:31] {Threei} here goes AAPL

[12:31] {dino} it;s the only job creation going on

[12:32] {Threei} but it's a really good one

[12:33] {Threei} who wouldn't want to be a tsar

[12:33] {Threei} who is in a lineup for tsar post? No one? Great, I'll take it then

[12:34] {Threei} (quote from famous Russian cartoon Last Year's Snow)

[12:34] {BillyD} good, you get a free bobble head Obama doll

[12:36] {Threei} AAPL like charm

[12:36] {Threei} RIMM is POS

[12:37] {BillyD} AAPL going against mkt tick

[12:37] {BillyD} RIMM has disappointed me last few tries on normal move but works on PB bouncec

[12:38] {BillyD} bounces

[12:38] {magoo} CAT trying

[12:38] {magoo} in aapl .22 and rimm .36

[12:39] {Threei} (US) Senator Baucus (D): Optimistic that a bipartisan healthcare deal could be reached today, talks are continuing (related IYH )

[12:39] {Threei} todsay eh

[12:39] {magoo} off vads alerts

[12:40] {Threei} I can't believe such a huge reorganizing of whole layer of society funcctioning is getting pushed through in such hurry

[12:41] {magoo} these dems are nuts

[12:42] {Threei} this is just so irresponsible, it's hard to believe...

[12:42] {nemo} no, they just believe in total government control

[12:42] {Threei} yeah... good luck with that

[12:42] {Threei} I know just the country that tried that

[12:42] {magoo} wait till they ram thru gun confiscation in aone session..they'll have REAL class warefar

[12:43] {Threei} just in: no money for F-22

[12:43] {Threei} LMT Vote on amendment dropping funding for F-22 from defense bill has gained enough votes to pass (76.22, -5.89, -7.17%)

[12:44] {Threei} probably was pretty much built into LMT price

[12:45] {magoo} aapl is acting like goog on its reoprt day

[12:45] {magoo} exactly

[12:46] {magoo} and goog sold after

[12:46] {magoo} its diseased

[12:49] {Threei} (US) Moody's notes that declines in the US commercial real estate market are excellerating

[12:49] {Threei} - The downward spiral in commercial real estate market fundamentals has accelerated as the recession persists, according to Moody's latest Red-Yellow-Green study.

[12:49] {Threei} - For the first time in six years, none of the seven property types tracked by Moody''s has a "green" or strong score, while four of the property types are at levels of weakness unmatched in the almost 10-year history of the study.

[12:53] {Threei} guess who is on TV

[12:56] {KSystems} Oprah

[12:57] {Threei} ummm

[13:03] {jfjf64} rimm bounce vad

[13:03] {larisa} lost my server, whats RIMM at ?

[13:03] {Threei} no jf

[13:03] {BillyD} 73.07

[13:03] {jfjf64} 73.07

[13:03] {larisa} ty

[13:06] {Threei} now market is breakdownish

[13:09] {Threei} HGSI

[13:09] {BillyD} how to play it

[13:10] {Threei} I wish I knew

[13:10] {larisa} lol

[13:10] {BillyD} lol

[13:10] {BillyD} maybe .50 with .30 stop

[13:10] {wulff} CAT semms ready to bounce

[13:10] {Threei} one strategy is, close your eyes, click buy, wait one minute, clic k ell, open your eyes and see what transpired

[13:10] {wulff} done that

[13:11] {Threei} works?

[13:11] {wulff} can send you a phamplet

[13:14] {Threei} if you remember I mentioned yesterday a swing trade candidate

[13:14] {Threei} UAUA with .65 trigger

[13:15] {Threei} it hig 3.90 today, but retreated into trigger now

[13:15] {Threei} hit

[13:15] {Threei} I'd say, worth a try with first strength

[13:16] {Threei} HGSI attacking .50

[13:20] {Threei} if taking UAUA here, stop under .60

[13:20] {Threei} small enough for a swing eh

[13:21] {Threei} HGSI, half out who took it

[13:21] {magoo} i did

[13:21] {jfjf64} jfjfjfjf

[13:21] {chiro} i did....small...and happy

[13:21] {Threei} as if anyone had any doubt about you two

[13:22] {Threei} and now chiro looks to join you

[13:22] {magoo} out .69 DL

[13:22] {jfjf64} in.49

[13:22] {magoo} TY

[13:22] {Threei} CAT Reports 3 month dealer statistics; June retail sales -47%, reciprocating engines -32% (38.57, +1.92, 5.24%)

[13:25] {chiro} that was phun....can i come back tomorrow, plz?

[13:26] {Threei} no

[13:26] {wulff} CAT is saving me today

[13:26] {Threei} monthly payment for the room includes one day access

[13:26] {BillyD} SPPI near HOD

[13:26] {chiro} even if i post my entries?

[13:27] {Threei} it just means you get to pick any day of the month

[13:27] {chiro} geez....i feel like we're married....it's clear i can never win w u.....

[13:27] {Threei} lol

[13:28] {Threei} I really gotta be careful with these jokes... most of them tend to come back and bite me in the rear

[13:28] {Threei} considering public access to room logs

[13:29] {Threei} I made this error of saying "I am no Brad Pitt" when commenting back on comment about people wanting to come to seminar to see me

[13:29] {Threei} what do you know... haven't heard an end of it for months

[13:30] {Threei} speaking of which... anyone gave any thoughts to coming to Freeport in jan?

[13:31] {jfjf64} you buy we fly boss

[13:31] {Threei} {Anyone} me? thoughts? you must be kidding

[13:31] {BillyD} lol

[13:32] {magoo} just pick up my bar tab ok?

[13:32] {chiro} i am wounded to the quick:=D

[13:32] {jfjf64} all agree say i

[13:33] {nemo} 3i

[13:33] {jfjf64} 3i

[13:34] {magoo} 3i

[13:34] {wulff} nice fireworks photos VAD

[13:34] {Threei} ty

[13:34] {BillyD} BCRX approaching large .51 offer for possible trigger

[13:34] {Threei} and SSPI - .50

[13:35] {BillyD} finger on trigger

[13:35] {nemo} sspi?

[13:35] {Threei} APPI

[13:35] {Threei} SPPI

[13:40] {jfjf64} .50 trigger vad

[13:41] {jfjf64} still go

[13:41] {Threei} yeah, chewing through all those huge offers

[13:41] {Threei} time of the day is not the best

[13:41] {Threei} so make it discretionary

[13:45] {ese} am back...gotta stop this working at school in the smmer

[13:47] {nemo} look at order a .51 on bcrx

[13:48] {ese} 50000.......

[13:48] {nemo} yeah nuts

[13:48] {BillyD} don't see it here

[13:48] {BillyD} thought it went away

[13:49] {BillyD} nemo, you still see it

[13:49] {wulff} UAUA alive

[13:49] {nemo} yep

[13:50] {BillyD} sheesh

[13:50] {BillyD} refresh quote and it reappears

[13:53] {magoo} we in anything lord vader?

[13:54] {Threei} coma

[13:54] {Threei} deep

[14:00] {magoo} huggie wacked

[14:00] {jfjf64} c/h cat vad

[14:02] {BillyD} jf...CAT 39 trigger?

[14:02] {jfjf64} .92 here aggressive

[14:04] {BillyD} thx

[14:10] {Threei} funny but UAUA hit 1:1 for scalpers

[14:11] {wulff} funny LOL, or funny ha ha

[14:11] {wulff} or what?

[14:11] {nemo} easy francis

[14:12] {wulff} fireworks in H

[14:12] {wulff} HGSI

[14:12] {Threei} just funny - consider that my sense of humor is at 11 years old level

[14:12] {BillyD} it's ok, we know

[14:12] {Threei} apparently some don't

[14:12] {nemo} 11 year old dog?

[14:13] {BillyD} lol

[14:13] {Threei} US President Obama to discuss US-China strategic economic dialogue on Monday

[14:13] {Threei} - Note: trade talks are scheduled on Monday and Tuesday in Washington

[14:14] {Threei} disbalance of the size of stop and idea of a swing trade is what funny to me on this trade

[14:15] {Threei} you don't think of swing trade as giving 1:1 on 6-7 cents move

[14:15] {BillyD} best of both worlds

[14:15] {Threei} yes

[14:15] {Threei} but now as any joke explained it's not funy anymore

[14:15] {BillyD} if willing to accept swing trade time frame

[14:15] {magoo} beauty CAT call

[14:15] {Threei} so thanks for spoiling it for me... I could laugh for couple days about it

[14:16] {Threei} now I have to think of something else

[14:16] {BillyD} you still can

[14:16] {Threei} passerby falling in the paddle would do

[14:16] {BillyD} 11 year old humor does that

[14:16] {Threei} but we haven't had any rain in months

[14:16] {Threei} yep, good one jf

[14:19] {nemo} I'm going to have to build an ark soon

[14:19] {nemo} raining down there Mags?

[14:20] {BillyD} magoo, still raining alot by you

[14:20] {nemo} zebras and elephants

[14:21] {BillyD} "Nemo's Ark"....

[14:21] {nemo} well, I had a submarine once

[14:22] {BillyD} tough times

[14:22] {nemo} lost it to the ex

[14:22] {BillyD} Vad, look at Kong

[14:22] {Threei} lol

[14:22] {Threei} still there

[14:23] {BillyD} is taht you at .94

[14:23] {dino} yes nemo, raining

[14:23] {Threei} I don;'t care about it all that much

[14:23] {Threei} UAUA CFO: liquidity position is "clearly adequate" - conf call comments (3.67, +0.16, 4.56%)

[14:23] {nemo} When I lived in Germany, it was a running joke with the tv weatherperson because it basically rained all the time

[14:24] {nemo} Hey K, you there?

[14:25] {Threei} nit sure I like hoding UAUA during conference call

[14:25] {wulff} Vad you have an opinion on CAT and how high it could run back up

[14:25] {Threei} not really

[14:25] {wulff} fair enough

[14:25] {Threei} it defies common sense, as most stocks with huge gaps do

[14:25] {wulff} I'm just trailing

[14:26] {Threei} makes sense

[14:32] {Threei} be basck in 15

[14:32] {wulff} WAIT................

[14:43] {Threei} back

[14:43] {wulff} phweeew

[14:43] {Threei} lol

[14:45] {BillyD} Vad, on some of the fast trades this morning like RIMM, etc. Do you hit the trigger as it looks to break because it blows through some times?

[14:45] {magoo} HGSI trying

[14:46] {Threei} I usually send a few cents higher than trigger,

[14:46] {Threei} and sometimes, if there is obvious determimnation, and market help and levels scroll fast, yes,

[14:46] {Threei} I hit it while it's being scrolled

[14:46] {BillyD} sometimes it is only way to get them

[14:51] {dptl} have a great evening all...see ya tomorrow

[14:52] {Threei} taike care dp

[14:53] {Threei} beauty CAT

[14:53] {magoo} c u dp

[14:53] {Threei} still holding wulff?

[14:53] {wulff} yes

[14:54] {wulff} in at 38.25, lot

[14:54] {Threei} you are so greedy

[14:54] {wulff} poor, but trailing. it never hit

[14:55] {wulff} sold 1/4 a while back

[14:59] {magoo} WFR news vad?

[15:00] {Threei} Shin-Etsu Polymer Co. Shin-Etsu Handotai has begun talks with chipmakers to raise the price of its 300mm wafers by 30%-40% - Nikkei

[15:00] {Threei} - Shin-Etsu Handotai is the world's largest manufacturer of silicon wafers used in microchips. Would be the first price increase since early 2006.

[15:00] {Threei} Related (WFR )

[15:00] {Threei} (US) House Panel has rejected plan for SLM to continue to keep selling student aid alternatives (related SLM )

[15:01] {Threei} SLM is not at 1 yet?

[15:01] {Threei} long then I guess lol

[15:06] {BillyD} BCRX

[15:08] {magoo} VADDDDDDDDDDDDDD

[15:08] {Threei} WHAT???

[15:08] {ese} sheeeeeesh that was loud

[15:08] {Threei} lol

[15:08] {magoo} r or r?

[15:08] {Threei} rip

[15:09] {magoo} no "flat"?

[15:09] {Threei} could be

[15:09] {magoo} uuggggg

[15:10] {magoo} i need to make 3k in last houyr...C'MON

[15:10] {Threei} you do eh

[15:10] {Threei} how does your need translates in come on for me, I am not sure... but your wish is my command

[15:10] {magoo} so do u.....

[15:11] {magoo} hang on guys...we gonna party

[15:11] {Threei} will 3K of situps do? or chinups?

[15:12] {Threei} well

[15:12] {Threei} BCRX us cerftainly a candidate

[15:12] {Threei} if chews through that .51 offer

[15:13] {magoo} in

[15:13] {Threei} that was some pressure

[15:14] {Threei} serious determination

[15:14] {BillyD} disappeared

[15:14] {magoo} like butter

[15:14] {Threei} new high

[15:14] {Threei} sold half

[15:15] {magoo} yup TY

[15:15] {Threei} amazing... fireworks day

[15:15] {magoo} see if i motivate u

[15:15] {Threei} lol

[15:15] {Threei} sorry mags... no male can motivate me

[15:16] {magoo} true motivator is so good...his target does not know hes being motivated

[15:16] {Threei} rofl

[15:16] {BillyD} lol

[15:17] {Threei} 1/4 more out

[15:17] {Threei} .83

[15:17] {BillyD} same here

[15:17] {Threei} offering last part .95

[15:17] {magoo} .94 here

[15:17] {Threei} stop just under b/e

[15:17] {Threei} don't want to trail it

[15:18] {Threei} UAUA on the move

[15:18] {Threei} good swingy

[15:19] {Threei} this is fairly unusdual... I would expect this kind of day and movement in Octorber

[15:19] {Threei} not mid July

[15:19] {nemo} c u 2morow, I think?

[15:20] {Threei} think?

[15:20] {BillyD} out rest BCRX .84

[15:20] {Threei} now why would you do that to yourself?

[15:20] {nemo} zombie tomorrow

[15:20] {Threei} no I mean thinking

[15:20] {Threei} anyway... take care

[15:20] {nemo} fyvm

[15:21] {Threei} sigh... no appreciation

[15:21] {BillyD} SPPI nearing .5

[15:21] {Threei} only that third shot of Jack Daniels we had on boat in Nassau saves you from being trouted relentlessly

[15:21] {nemo} I appreciate your sarcasm, patronization, and cynicism

[15:21] {BillyD} lol

[15:21] {Threei} oh, I have a lot of all that

[15:21] {Threei} and much more

06[15:22] * nemo slaps Threei around a bit with a large bottle of J.D}

[15:22] {Threei} can't reciprocate... BCRX nears selling point

[15:22] {nemo} hahahhahah

[15:22] {Threei} ugh, retreated

06[15:22] * nemo slaps Threei around a bit with a large bottle of Grand Marnier

[15:23] {Threei} ewwww

[15:23] {Threei} too sweet

06[15:23] * nemo slaps Threei around a bit with a large bottle of schnapps

[15:23] {larisa} go already!

06[15:23] * nemo slaps Threei around a bit with a large bottle of Spyritus

[15:23] {Threei} come on BCRX

[15:23] {nemo} bye Larry

[15:23] {Threei} lol

[15:23] {larisa} bye :)

[15:23] {magoo} kickin it

[15:24] {Threei} thank you larisa

[15:24] {Threei} SPPI...

[15:25] {Threei} Billy... clicked in time this time around I see?

[15:25] {BillyD} yes

[15:25] {BillyD} had to hit .54

[15:25] {Threei} practice makes it perffect :)

[15:25] {Threei} same here

[15:25] {Threei} got a few partials

[15:25] {BillyD} it disappeared

[15:26] {Threei} here scrolls SPPI

[15:26] {BillyD} in

[15:27] {Threei} this one is normally slower

[15:27] {BillyD} yes

[15:27] {Threei} here come my meatball... err BCRX

[15:28] {Threei} oh come on

[15:28] {Threei} 3 cents shy?

[15:29] {BillyD} that's nit right

[15:29] {BillyD} not

[15:30] {BillyD} Vad, .40 or .45 on SPPI stop

[15:30] {magoo} ya man

[15:30] {magoo} HGSI

[15:30] {Threei} both are valid

[15:39] {Threei} (US) OCC Annual Underwriting Survey: 37% of banks have increased lending this year, loan portfolio risk grew despite tighter conditions

[15:39] {Threei} - Banks surveyed in the report made $3.6T in loans, 84% of overall US lending.

[15:39] {Threei} ***Note: O...more... (related XLF )

[15:39] {wulff} CAT +1.5 on a lot

[15:40] {BillyD} nice wulff

06[15:40] * Threei slaps wulff around a bit with a large roll of cash

[15:40] {wulff} and one large TY

[15:41] {BillyD} out half sppi here

[15:44] {wulff} you sell UAUA?

[15:44] {Threei} no

[15:45] {Threei} didn't intend it as scalp

[15:45] {wulff} good

[15:45] {Threei} stop is miniscule

[15:45] {Threei} I don't really care about 7 cents loss

[15:45] {ese} still long wfc at .30 and fitb .91.........we'll see what happens to morrow........catch you all on the flip side

[15:45] {wulff} 3.10 is strong too

[15:47] {Threei} me happy with today

[15:47] {Threei} much happier than I was with whole July even though it was nicely profitable so far

[15:47] {Threei} but today was also FUN

[15:49] {BillyD} out rest sppi here

[15:49] {Threei} you are so stingy

[15:50] {BillyD} yeah...eod.....it is strong stock here

[15:57] {Threei} okay, let's close the day

[15:58] {Threei} out SPPI

[15:58] {Threei} no desire to carry it overnight

[15:58] {Threei} UAUA, will take it

[15:58] {Threei} and see what happens tomorrow

[15:58] {Threei} thank you all

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

[15:58] {BillyD} cya vad

[15:59] {Threei} see you tomorrow

[15:59] {larisa} bye :)

[15:59] {chiro} ty...was phun

[15:59] {Threei} love the spelling

[15:59] {Threei} eqzaktly right way to spell things

[16:00] {chiro} :=D