Apr 14 2009

Very solid day with a lot a strong trades, scalps and very few stops. Heroes of the day were DNDN, ONNN, FEED, BAC, FAS, FAZ, CAT, LRCX etc, on both long and short sides. 

Session Time: Tue Apr 14 00:00:00 2009

[08:03] {cosmo} BAC comes back

06[08:19] * nemo pretends to be magoo and whacks laserave with a large trout

[08:26] {dino} gm all

[08:27] {Threei}  Good morning

[08:27] {dino} :)

[08:28] {Threei}  GS is underwhelming... what, C and BAC don't even care anymore?

[08:29] {dino} 8:30 dndn results

[08:30] {Threei}  MAR PRODUCER PRICE INDEX M/M: -1.2% V 0.0%E

[08:30] {Threei}  PPI EX FOOD&ENERGY M/M: 0.0% V 0.1%E

[08:30] {Threei}  - PPI YoY: -3.5% v -2.2%e

[08:30] {Threei}  - PPI Ex Food & Energy YoY: 3.8% v 4.0%e

[08:31] {Threei}  *MAR ADVANCE RETAIL SALES: -1.1% V 0.3%E; LESS AUTOS: -0.9% V 0.0%E

[08:31] {Threei}  - Prior Advance Retail Sales revised from -0.1% to 0.3%

[08:31] {Threei}  - Prior Less Autos revised from 0.7% v 1.0%

[08:31] {Threei}  DRYS

[08:31] {Threei}  ANNOUNCES THE SIGNING OF THE PETROBRAS CONTRACT FOR THE LEIV EIRIKSSON

[08:31] {Threei}  DNDN

[08:31] {Threei}  PROVENGE SIGNIFICANTLY PROLONGS SURVIVAL IN MEN WITH ADVANCED PROSTATE CANCER IN PIVOTAL PHASE 3 IMPACT STUDY

[08:31] {Threei}  - DNDN announced today that the pivotal Phase 3 IMPACT study of PROVENGE(R) (sipuleucel-T) in men with advanced prostate cancer met its primary endpoint of improving overall survival compared to a placebo control. The magnitude of the survival difference observed in the intent to treat population resulted in the study successfully achieving the pre-specified level of statistical significance defined by the study''s design. The safety profile of PROVENGE appeared to be consistent with prior trials.

[08:32] {Threei}  halted

[08:32] {nemo} so who went long last night

[08:33] {dino} not me

[08:34] {nemo} you'd be retired

[08:39] {cosmo} There's no such thing, nemo

[08:40] {cosmo} its an illusion

[08:40] {nemo} Well, put it this way...you'd be able to do more of what you want to do, and less of what you have to do

[08:40] {Raven} a state of mind

[08:41] {cosmo} and often temporary

[08:42] {nemo} everything is temporary

[08:42] {Raven} fleeting

[08:42] {cosmo} a checkered retirement is probable

[08:42] {nemo} sands in the hourglass

[08:43] {Raven} sheesh

[08:43] {nemo} Vad must be grimacing

[08:43] {Threei}  for that I would have to know how to read

[08:44] {Threei}  buit all I am concrened about is masking tha fact that I don't, so I just nod along

[08:44] {nemo} Then how the hell do you know what you're typing?

[08:44] {Threei}  I don't

[08:44] {cosmo} he a channeler

[08:44] {Threei}  I use 1000 monkeys principle

[08:45] {cosmo} ah

[08:45] {cosmo} we're only into the 60's so far.... you know

[08:45] {cosmo} still not to 100

[08:46] {cosmo} thats an est.

[08:47] {pita} gm everyone

[08:47] {Threei}  pita :)

[08:48] {Threei}  CEGE, DNDN's sympathy

[08:48] {cosmo}  Goldman CFO says firm would like to pay back TARP capital

[08:48] {cosmo} 7:42 AM ET

[08:48] {cosmo} sigh

[08:49] {Threei}  we have major economic speech at 11:30 today

[08:50] {nemo} by whom?

[08:50] {Threei}  hmmm

[08:50] {Threei}  can't you guess?

[08:50] {nemo} oh...nevermind

[08:50] {cosmo} solomon?

[08:51] {nemo} cosmo goes from philosophy to history

[08:51] {cosmo} same thing

[08:51] {nemo} All is one

[08:51] {Threei}  yup... like ballbreaker and nutcracker

[08:51] {Raven} {}

[08:52] {Threei}  {--- hiding

[08:52] {nemo} must be a full moon

[08:52] {cosmo} checking

[08:52] {Raven} {----------- moons the room

[08:52] {Raven} oops

[08:53] {Threei}  lol

[08:53] {Threei}  DNDN shows 10 bid

[08:56] {Threei}  11.50... sheesh

[08:56] {Raven} 20 bid

[08:57] {Threei}  eeck

[08:57] {Threei}  3 min till opening

[08:57] {Threei}  going to be some fireworks

[08:57] {Raven} 15.06 bid

[08:58] {Raven} 28 bid

[08:58] {Raven} 35 bid

[08:58] {Raven} lol

[08:58] {cosmo} 43

[08:58] {Raven} 43 bid

[08:58] {Raven} 57

[08:58] {cosmo} sigh ... we coulda retired...

[08:59] {nemo} no such thing

[08:59] {Threei}  ENMD all over again

[08:59] {Raven} state of mind

[08:59] {cosmo} thanks... i needed that

[08:59] {dptl} good morning

[08:59] {Raven} lol

[08:59] {Threei}  dp :)

[08:59] {Threei}  who is bidding 57?

[08:59] {Raven} NSDQ ... now 25

[09:00] {Threei}  that's not real bid

[09:00] {dino} there goes 20

[09:00] {Raven} goofy

[09:00] {Threei}  open

[09:00] {cosmo} i wonder if cramer is buying

[09:00] {dino} guess my 8.40 bid not happening

[09:01] {Threei}  not today

[09:02] {nemo} not bad...bought it 3 weeks ago mae 10 times your money

[09:02] {nemo} I think Cramer's on vacation this week

[09:02] {Threei}  GS

[09:02] {Threei}  CNBCS FABER NOTES HIS SOURCES CONFIRMING SECONDARY OFFERING TO PRICE AT $123, BUT COULD CHANGE

[09:05] {fernp} Hello everybody

[09:05] {Threei}  fern :)

[09:06] {Threei}  so... there was something to that stubborn DNDN accumulation yesterday, lol

[09:07] {dino} nppxf

[09:07] {Threei}  bless you

[09:09] {dino} lol

[09:09] {dino} -27.40

[09:09] {vinod} good morning- hope to have a best day?

[09:10] {elepet} good morning

[09:11] {Threei}  vinod, elepet :)

[09:12] {Threei}  DNDN

[09:12] {Threei}  TO DISCLOSE FURTHER DATA ON PROVENGE IMPACT STUDY AT UPCOMING CONFERENCE ON APRIL 28; NO ADDITIONAL DATA FROM THE STUDY WILL BE ISSUED TODAY - CONF CALL

[09:12] {ese} morning everyone....will probably get cut off here sometime this morning......my new visa has not arrived yet so have not updated account to RT

[09:13] {Threei}  ese :)

[09:13] {dino} turnaround tuesday?

[09:14] {Threei}  quite possible

[09:14] {Threei}  FAZ bounced nicely

[09:14] {Threei}  C looks stronger than other finnies

[09:15] {cosmo} GERN

[09:15] {Threei}  GERN

[09:15] {Threei}  this looks like bio day

[09:15] {cosmo} :)

[09:15] {Threei}  I don't see any news on GERN

[09:20] {dino} me niether

[09:20] {vinod} ge movin up a lot

[09:21] {Threei}  GE reports on Fri?

[09:21] {dino} and c

[09:21] {Threei}  it pulled back considerably from morning high of 12.75

[09:21] {dino} isrg thurs., intl today

[09:22] {nemo} JPM Thurday also

[09:25] {ese} DNDN Provenge medication seen to significantly prolong survival for patients with prostate cancer in Phase 3 study

[09:25] {ese} volume alert on DNDN on my screens

[09:26] {Threei}  [08:31] {Threei} PROVENGE SIGNIFICANTLY PROLONGS SURVIVAL IN MEN WITH ADVANCED PROSTATE CANCER IN PIVOTAL PHASE 3 IMPACT STUDY

[09:26] {Threei}  [08:31] {Threei} - DNDN announced today that the pivotal Phase 3 IMPACT study of PROVENGE(R) (sipuleucel-T) in men with advanced prostate cancer met its primary endpoint of improving overall survival compared to a placebo control. The magnitude of the survival difference observed in the intent to treat population resulted in the study successfully achieving the pre-specified level of statistical significance defined by the study''s design. The safety profile of PROVENGE appeared to be consistent with prior trials.

[09:27] {ese} up 16.00 big ones

[09:28] {Threei}  C big pullback too

[09:28] {larisa} c

[09:28] {larisa} morning :)

[09:28] {Threei}  larisa :)

[09:31] {Threei}  [08:31] {Threei} DRYS

[09:31] {Threei}  [08:31] {Threei} ANNOUNCES THE SIGNING OF THE PETROBRAS CONTRACT FOR THE LEIV EIRIKSSON

[09:33] {dino} esi down about 25 in 7 days

[09:34] {Threei} Long Setup:  ONNN  .94

[09:34] {dino} wmt wants 50 strike

[09:34] {Threei}  if stays above .80

[09:35] {Threei}  C&H setup on daily with 5 break as a trigger for sizeable move

[09:37] {dptl} in

[09:37] {elepet} in

[09:37] {nemo} didn't get fill @ 95

[09:38] {vinod} in .97

[09:38] {dptl} .95

[09:38] {elepet} .94

[09:39] {dptl} half out ty

[09:39] {Threei}  1:1

[09:39] {Threei}  half out for me too

[09:39] {Threei}  feels capable of more

[09:40] {dptl} out more.15

[09:40] {elepet} still in

[09:40] {vinod} out .17

[09:41] {Threei}  those who partial, stop to .89 for the balance

[09:41] {ese} Still long DELL at .42 from yesterday

[09:43] {vint} good morning all

[09:44] {Threei}  vint :)

[09:47] {Threei}  FITB

[09:47] {Threei}  MOODY'S DOWNGRADES SENIOR RATINGS TWO NOTCHES, TO BAA1 FROM A2; OUTLOOK NEGATIVE

[09:47] {Threei}  - The downgrade incorporates Moody's view that Fifth Third, despite having taken very sizable loan loss provisions in 2008, faces continued elevated credit costs as real estate markets and the overall U.S. economy remain weak. The additional credit costs will come from a range of consumer and commercial asset classes, in Moody's view.

[09:48] {dino} maybe not today, but nearest gaps 7837,1300, 825

[09:50] {dptl} stop to under 5 onnn?

[09:50] {dino} mcd l .25

[09:50] {Threei}  if it goes above 5.10, yes

[09:50] {Threei}  for now, trail to it .94

[09:51] {ese} not lookin good for FITB......will wait that one out for a while

[09:51] {dptl} ok ty

[09:53] {ese} out Dell .68 

[09:53] {ese} +.26  5 lots

[09:53] {dino} mcd stopped -.16

[09:53] {Threei}  wtg ese

[09:53] {ese} tks turkey shoot these days

[09:55] {dino} gj es

[09:55] {ese} tks dino

[09:55] {Threei}  some of solars move today a bit

[09:55] {Threei}  CSIQ, JASO, SOLF

[09:56] {ese} crap.......had a limit order in for drys at .25.....didn't get fillet

[09:56] {ese} filled

[09:57] {Threei}  something's with FTBK

[09:58] {Threei}  traders found financial name that hasn't run yet?

[09:58] {dino} aipc

[09:59] {ese} it's running now vad

[09:59] {dino} powl hl l .94 thinny

[10:00] {dino} sm i mean

[10:00] {Threei}  FEB BUSINESS INVENTORIES: -1.3% V -1.2%E

[10:00] {Threei} Long Setup:  LLTC  .11 if stays above 23

[10:01] {Threei}  (US) TREASURY IS REPORTEDLY CONCEREND OVER GOLDMAN TARP REPAYMENT

[10:02] {Threei}  lol

[10:02] {Threei}  they really don't want banks to return TARP money

[10:02] {dino} they lose control

[10:02] {Threei}  yup\

[10:03] {Threei}  TARP REPAYMENT COULD NEGATIVELY IMPACT PERCEPTION OF OTHER BANKS

[10:03] {Threei}  - Treasury notes that it does indicate a sign of strength

[10:03] {Threei}  jeez

[10:03] {nemo} wass that invalimudated or was it a quick enough recovery?

[10:04] {Threei}  looks OK to me, although if it consolidates here for a while, I'd modify it to .06 trigger

[10:05] {Threei}  tighter stop

[10:05] {dptl} lltc?

[10:05] {Threei}  yes

[10:06] {Threei}  invalidated now

[10:09] {Threei} Long Setup:  LRCX  .80 break if holding above .65

[10:11] {Threei}  modification

[10:11] {Threei}  .60 break

[10:11] {Threei}  if holding above .50

[10:11] {ese} Ldrys .50 

[10:12] {Threei}  DNDN... this thing decided to go ahead and kill the shorts

[10:15] {ese} am gettin this ....i'm done for the morning feeling with drys

[10:18] {ese} great lookin daily chart though

[10:18] {Threei}  want little gambling?

[10:19] {Threei} Long Setup:  FTBK  1.80 when last shares scroll by

[10:19] {Threei}  see huge offer by EDGX?

[10:19] {Threei}  that's your indication

[10:20] {Threei}  OBAMA ADMINISTRATION TO ANNOUNCE EXCERPTS OF SPEECH ON ECONOMY AT 11:30AM, TO COVER INDICATIONS THAT GOVT ACTIONS ARE SHOWING PROGRESS

[10:21] {ese} drys avg .57 l a couple of more lots

[10:21] {dptl} stop under .70 ftbk?

[10:21] {Threei}  ese, you may want to keep an eye on EGLE

[10:21] {Threei}  seems to be leading DRYS today

[10:21] {dino} apsg l .55

[10:22] {Threei} Long Setup:  CSIQ  .36 break half lot

[10:22] {Threei}  stop under .20

[10:23] {ese} tks will do Vad 

[10:23] {dptl} ftbk stop .70?

[10:24] {Threei}  if breaks from here, could be even .74

[10:25] {dino} i guess go short at 11:30

[10:25] {dptl} i am in..it took.80 no?

[10:25] {Threei}  ??

[10:26] {nemo} ohoh

[10:26] {dptl} well it was gone on my screen

[10:26] {ese} out drys .57 +.10 on 4 lots

[10:26] {dino} on obama 

[10:26] {Threei}  EDGX offer never got taken

[10:27] {Threei}  eaten a little but still has a lot

[10:27] {ese} am done for the morning for a bit .....all see you in a couple of hours....have a class to teach.....

[10:27] {Threei}  take care ese

[10:27] {dino} cya es

[10:27] {ese} see ya vad

[10:28] {ese} later dino

[10:28] {dptl} oh man i had that thing hidden on my level 2 jeez

[10:29] {dptl} was lagging a wyle ago so i hide it and never unhide it

[10:30] {Threei}  OK LRCX

[10:30] {Threei}  26 must be it

[10:30] {Threei} Long Setup:  LRCX  .15

[10:31] {dino} mcd l .15

[10:31] {dptl} in

[10:31] {Threei}  half out

[10:31] {dptl} all out +.16 ty

[10:32] {Threei}  welcome

[10:32] {Threei}  stop to .13 for the balance who is holding

[10:32] {Threei}  offer second half above .40

06[10:36] * Threei reminds FTBK that while time maybe infinite our lifetime is not

[10:38] {nemo} what's the invalidation/stop on FTBK?

[10:39] {Threei}  [10:23] {dptl} ftbk stop .70?

[10:39] {Threei}  [10:24] {Threei} if breaks from here, could be even .74

[10:39] {dino} wynn

[10:40] {Threei}  ECB'S CONSTANCIO:EUROPEAN RECESSION APPEARS TO BE 'DEEPER' THAN THAT IN THE US; INTERNATIONAL RESPONSES TO ECONOMIC CRISIS IS 'INSUFFICIENT'

[10:40] {Threei}  - Monetary policy is less effective as tool to handle economic crisis if rates are below a specific level; has been adequate thus far in dealing with crisis

[10:40] {Threei}  DNDN

[10:40] {Threei}  HEARING BREAN MURRAY MAKING CAUTIOUS COMMENTS (TIMING UNCERTAIN)

[10:41] {Threei}  I don't see any reason for caution, really... so $6 stock trades at 20, so what

[10:42] {Threei} Long Setup:  LLTC  .86

[10:42] {Threei}  if stays above .80

[10:44] {dptl} in

[10:44] {nemo} in partial

[10:44] {_robert} in

[10:45] {nemo} in all

[10:45] {Threei}  FTBK, hear that chomp-chomp sound?

[10:47] {nemo} damn

[10:48] {nemo} who got ftbk?

[10:48] {dptl} me

[10:49] {nemo} geez your quick

[10:49] {Threei}  it wasn't that quick...

[10:49] {Threei}  .82 order got filled nicely at .80

[10:50] {dptl} ] {dptl} i am in..it took.80 no?

[10:50] {nemo} oh yeah, you got in a long time ago

[10:50] {elepet} i got it at.80

[10:50] {nemo} I tried .81 

[10:51] {Threei}  I suspect your connection is flaky nemo... you miss too many of them

[10:53] {Threei}  for hardcore scalpers FTBK over 1:1

[10:56] {dptl} half out ty

[10:56] {Threei}  things are so slow

[10:56] {Threei}  ahead of speech I'd guess

[10:57] {dino} mcd stopped -.22

[10:59] {dino} apsg stop to .68

[10:59] {dino} out .70, +.15

[11:06] {nemo} stopped

[11:06] {dptl} stopped lltc

[11:06] {Threei}  LLTC stopped

[11:08] {dptl} still have onnn Vad?

[11:09] {Threei}  yes... thanks for the reminder

[11:09] {Threei}  lol

[11:09] {dptl} lol

[11:09] {elepet} anyone still in ftbk?

[11:10] {Threei}  half elepet

[11:10] {dino} cbsh blood

[11:11] {dino} micc spikey

[11:12] {Threei}  OBAMA ADMINISTRATION TO ANNOUNCE EXCERPTS OF SPEECH ON ECONOMY AT 11:30AM, TO COVER INDICATIONS THAT GOVT ACTIONS ARE SHOWING PROGRESS

[11:12] {Threei}  - 2009 will continue to be difficult for US economy; foreclosures and job losses will rise

[11:14] {dino} lrcx drop

[11:17] {nemo} volume relatively strong so far

[11:20] {nemo} fas and faz still doing the DNA dance

[11:20] {fernp} .

[11:20] {dptl} out onnn

[11:21] {Threei}  market starts descent in advance of sp3ech

[11:22] {pita} falling asleep.... off to day job where I can get some excitement - cu later

[11:23] {Threei}  lol

[11:23] {Threei}  take care pita

[11:28] {larisa} got .50 cents on LRCX, thank for alert dino

[11:28] {dino} gj

[11:32] {Threei}  US REP FRANK: GOLDMAN'S AIMS TO REPAY TARP MONEY IS A 'GOOD SIGN'; GOVT PROGRAMS ARE WORKING

[11:34] {dino} idcc l .70 stop lod

[11:35] {Threei}  watching FITB for pullback and forming double bottom

[11:40] {dino} late as usual

[11:41] {elepet} what will you do then (fitb double bottom)

[11:42] {elepet} ?

[11:42] {Threei}  buy if setup shapes up

[11:42] {Threei}  Prez on TV

[11:43] {dino} heath services getting hit, usna, afam, lhcg

[11:43] {Threei}  (US) PRESIDENT OBAMA: CANNOT DELAY INTRODUCING CAP & TRADE SYSTEM TO WHEN THE ECONOMY RECOVERS

[11:43] {Threei}  oh my

[11:45] {Threei}  FINANCIAL SYSTEM HAS BEEN GOVERNED BY OUTDATED REGULATIONS, TOUGH NEW RULES ARE NEEDED

[11:45] {Threei}  - Wall Street executive compensation needs to be tied to actual performance.

[11:45] {Threei}  - Pre-emptive banks takeovers would cost taxpayers too much and hurt confidence.

[11:46] {dino} cb l .80

[11:47] {Threei}  - Will hold banks that need more aid accountable.

[11:47] {Threei}  - GM needs a path to profitability, hopes Chrysler can find a viable partner.

[11:47] {Threei}  - Healthcare reform needs to be dealt with this year.

[11:48] {Threei}  The reason subprime loans were so readily available was the banks saw profits

[11:48] {Threei}  surely it had nothing to do with political pressure to make thoe loans available

[11:49] {dino} axys sm l .30

[11:58] {dptl} kmb?

[11:59] {dino} snda

[12:02] {dino} fills gap yesterday

[12:13] {nemo} RIMM salmon

[12:13] {Threei} Short Setup: CAT  33 break if stays below33.10

[12:14] {dptl} in

[12:15] {Threei}  stop to .06

[12:16] {Threei}  1:1

[12:16] {dptl} half out 

[12:25] {Threei} Long Setup:  FITB  .70 break if stays above .60

[12:26] {Threei}  any kind of aggressive entry is possible within this range at your discretion

[12:27] {dptl} stopped cat bal.

[12:27] {dino} esrx animal

[12:28] {dptl} in fitb

[12:28] {nemo} in

[12:29] {Threei}  - says future growth will be built on 5 'pillars': new rules for Wall St; new investments in education; new investments in renewable energy; new investments in healthcare to reduce costs; govt restoring fiscal discipline to reduce the deficit once the economic crisis is over.

[12:30] {nemo} He sure know how to kill a markeet

[12:30] {nemo} market

[12:30] {dino}  idcc stop to .92

[12:32] {larisa} he said too many people who just play with numbers and do not produce anything. then added, we need some of them, but engineers are better :) interesting

[12:33] {Threei}  so, engineer is better than a day trader

[12:33] {Threei}  I tried both... I disagree

[12:33] {larisa} lol

[12:33] {larisa} still doing both :) tired

[12:34] {Threei}  and when his belowed engineer goes to the market to cash in his position, I want to see his face when he sees market liquidity without day traders

[12:34] {nemo} RIMM showing signs of topping

[12:34] {dino} speculators are evil attitude

[12:35] {Threei}  he may be right dino... lately I feel this evilish note in myself...

[12:35] {dino} idcc to .02

[12:35] {Threei}  FITB near 1:1

[12:36] {Threei}  Ron Paul on CNN

[12:36] {dino} lol

[12:36] {dino} out idcc +.32

[12:36] {Threei}  disagrees with goverment should spend point of view

[12:37] {dino} he's a closet socialist, trying to engineer the economy

[12:37] {dptl} still in ?

[12:37] {Threei}  closet?

[12:37] {Threei}  I think he is out

[12:37] {Threei}  sold half .78

[12:38] {Threei}  should have justy sold it all

[12:38] {dptl} mm..still in

[12:38] {Threei}  I was in aggressively though, at .66

[12:40] {wulff} stupid cat

[12:42] {Threei}  out balance

[12:42] {nemo} stopped

[12:45] {dptl} stopped fitb....

[12:46] {Threei}  CAT was worth reshorting, eh

[12:47] {nemo} this too}}}[12:34] {nemo} RIMM showing signs of topping

[12:47] {nemo} caught up in Fitb

[12:47] {larisa} vad, why 33 break on CAT initially ?

[12:48] {larisa} if you remember :)

[12:48] {Threei}  was resistance earlier in the morning, around 10 am,

[12:48] {Threei}  got borken, turned into support,

[12:49] {Threei}  got tested for a few minutes after 12,

[12:49] {Threei}  became a trigger for a short if broken

[12:50] {larisa} ty

[12:50] {Threei}  sure... but don't think for a second I rememberd

[12:50] {Threei}  I reconstructed it looking at the chart

[12:50] {larisa} lol

[12:51] {Threei}  reverse engineering, mind you

[12:51] {Threei}  less Prez thinks I am useless

[12:51] {Threei}  lest

[12:51] {larisa} not you, some of us.. must be me and nemo :)

[12:52] {Threei}  can't tell you how irritating this attitude is

[12:53] {dino} still trying to figure out how the money i made in real estate was only paper according to prez

[12:53] {Threei}  big brother deciding who is useful and who is not, and engineering who will be rewarded and who won't

[12:54] {Threei}  (KS) NORTH KOREA HAS ORDERED NUCLEAR INSPECTORS OUT OF THE COUNTRY - WSJ

[12:59] {dino} miti

[13:00] {dino} can't borrow at cyber

[13:01] {dino} anybody get it/

[13:01] {Threei}  want me to short it for you?

[13:01] {Threei}  what was that aspike about?

[13:01] {Threei}  I don't see news

[13:02] {dino} please had 6.65 in sights, ugh!

[13:02] {Threei}  when I looked, it was already under 5

[13:03] {dino} you're slowing down old man, :)

[13:03] {larisa} lol

[13:03] {dino} cern drop

[13:03] {Threei}  I had to read your post which was 4 leters... not a small feat for me

[13:03] {Threei}  then wake up

[13:03] {Threei}  then type all 4

[13:04] {Threei}  come on... I am lucky to get there when I did

[13:04] {dino} snda drop

[13:05] {Threei}  it's almost all the way back

[13:05] {Threei}  what was the news?

[13:05] {dino} nothing

[13:05] {Threei}  you mean $3 stock spikes to over 7 on no reason?

[13:06] {Threei}  hmmm... I giess efficient market thoery is not entirely correct then...

[13:06] {dino} my banker buddies believe that theory

[13:06] {Threei}  even when sober?

[13:08] {dino} well, they rarely are

[13:08] {Threei}  oh

[13:08] {Threei}  that explains it

[13:09] {dino} sm risky l snda .90

[13:09] {dino} wide

[13:09] {Threei}  just thinking such spike and drop should produce some bounce, at least on short covering if nothing else

[13:11] {dino} off my screen

[13:11] {dino} i don't like stocks that i cannot short

[13:11] {dino} seems rigged

[13:14] {dptl} coco?

[13:15] {Threei}  .84...

[13:15] {Threei}  why not

[13:15] {Threei}  ith this size of stop I'll take any trade, lol

[13:15] {dptl} stop .75

[13:16] {Threei}  PREVIEW: FED CHAIRMAN BERNANKE IS SCHEDULED TO SPEAK ON THE FINANCIAL CRISIS AT 1:30PMET

[13:16] {Threei}  - a prepared text and audience Q&A are expected.

[13:19] {Threei}  thought of BAC .40 break long... hesitated

[13:21] {Threei}  (KS) WHITE HOUSE PRESS SEC: CALLS ON NORTH KOREA TO END ITS PROVOCATIVE THREATS

[13:21] {Threei}  or we are going to go back to those 6-sides talks

[13:22] {dino} oooooooooooooooo

[13:26] {dptl} Vad ,you think coco still valid trade?

[13:26] {Threei}  I am not delighted

[13:27] {Threei}  could work... could fail...

[13:27] {Threei}  not very compelling

[13:27] {dptl} ok ty

[13:28] {Threei} Long Setup:  BAC  .50 break if dtayas above .45

[13:29] {dptl} in .50

[13:29] {nemo} in

[13:30] {Threei}  out.59

[13:30] {nemo} out scalp

[13:30] {Threei}  quickie

[13:30] {dptl} out .09 ty

[13:31] {dptl} .59

[13:31] {dino} gj

[13:31] {Threei}  not bad for 2 min and 5K shares

[13:32] {_jfjf64} gj

[13:34] {nemo} RIMM running again

[13:34] {Threei} Long Setup:  FAS  .50 break if stays above .45

[13:35] {Threei}  .40 is more defined support

[13:35] {Threei}  maybe I am too stingy

[13:36] {dino} online eds moving cp;a, esi, apol

[13:36] {dino} cpla

[13:37] {Threei}  that's OK, administration wikll find the way to kill them

[13:37] {dino} lol

[13:39] {Threei}  can I pretend I meant FAZ in the alert above?

[13:39] {nemo} Changing your handle to FantasyTrader?

[13:39] {nemo} You meant "short" setup...

[13:39] {Threei}  nah, short would requite total redoing of alert

[13:40] {Threei}  and there is no need,

[13:40] {nemo} yeah,  i tried...

[13:40] {Threei}  any setup like this can be used for short if it invalidates before triggering

[13:40] {Threei}  that's at your discretion

[13:40] {Threei}  Chaeron likes to do that

[13:40] {Threei}  but both FAS and FAZ formed .45 - .50 setups, lol

[13:43] {vinod} BACK FROM WORK. STILL HAVE 200 cat SHORTED AT 23.00

[13:43] {larisa} 33 I hope

[13:43] {nemo} Better cover dude, you lost 10

[13:43] {Threei}  lol... 33 I guess

[13:44] {vinod} yes 33

[13:44] {dptl} lol

[13:44] {dptl} {nemo} Better cover dude, you lost 10...lol

[13:44] {vinod} 0ut 32.65

[13:44] {vinod} mean cover

[13:44] {Threei}  wtg

[13:45] {nemo} FAS back on the menu Vad?

[13:45] {Threei}  FAS... watchging is setup reiterates itself

06[13:45] * Threei slaps nemo around a bit with a large request not to read his mind

[13:45] {nemo} It's scary in there

[13:46] {Threei}  yeah, trying to protect you

[13:47] {Threei}  nope, ruined again

[13:47] {nemo} sort below .30?

[13:47] {nemo} short

[13:47] {nemo} like me

[13:48] {Threei}  I'd prefer long FAZ then

[13:48] {Threei}  but then I'd like a shallow pullback first

[13:48] {Threei}  let's say not lower than .55

[13:48] {Threei}  then .65 trigger for long

[13:49] {Threei}  and if loses .55, try to get it off the low, c,loser to .50

[13:49] {vinod} can't do all your trade because of work but can do most--vad

[13:49] {Threei}  on first sign of strength and if not losing .45

[13:49] {vinod} and it is taking me time to get used to this system

[13:49] {Threei}  how is it working for you vinod?

[13:50] {vinod} so far good but have to go through all your cd yest

[13:51] {Threei}  sorry, lost me... had to go yesterday and di, or still have to go through them? :)

[13:51] {dptl} holding .55 so far

[13:52] {vinod} holding 200 SRS i brought in morning at 32.50

[13:52] {nemo} market picking up a bit

[13:54] {Threei} Short Setup: BAC  .50 break

[13:54] {Threei}  if holding below .55

[13:54] {nemo} in faz and BAC

[13:55] {dptl} in bac

[13:55] {dptl} in faz

[13:55] {vinod} in bac

06[13:56] * Threei kicks FAZ in the rear

06[13:56] * Threei hits BAC over the head with 2x4

[13:56] {Threei}  violence works

[13:56] {vinod} i hate FAS and FAZ

[13:57] {Threei}  BAC over 1:1

[13:57] {nemo} out scalp

[13:57] {nemo} out faz .71

[13:57] {dptl} out bac

[13:57] {dptl} still in faz

[13:58] {Threei}  FAZ was 2 cents from 1:1... disguting little 3x

[13:58] {nemo} I remembered BAC earlier

[13:59] {cosmo} dptr

[13:59] {cosmo} ... a departure

[14:01] {Threei}  FAZ stop to .58, and if uncomfortable, feel free to scratch it

[14:02] {dptl} out faz -.02

06[14:02] * Threei puts dp on the list of uncomfortable ones

[14:03] {dptl} lol

[14:06] {nemo} FAZ building a nice wedge to .70 is their another trigger

[14:06] {Threei}  yup

[14:06] {Threei}  I am comfortable

[14:06] {nemo} .73

[14:06] {Threei}  and I crossed dp out of my list

[14:08] {_jfjf64} faz?

[14:08] {vinod} cover BAC 10.42

[14:08] {cosmo} QGEN hod = 15.51  fwiw

[14:08] {Threei}  over 1:1

[14:08] {Threei}  half out

[14:08] {Threei}  want to give it a chance

[14:08] {dptl} maan...ye..i shoul get more comfortable :)

[14:09] {Threei}  BAC's death was slow and painful

[14:09] {Threei}  FAZ 1:2

[14:10] {vinod} damm I cover BAC too early i need to learn more?

[14:10] {Threei}  1/4 more out .88

[14:11] {Threei}  +.23

[14:11] {Threei}  hard to tell vinod... this day looked more like scalping

[14:11] {Threei}  who knows when it changes

[14:11] {Threei}  partialling out is the way to let them more room

[14:12] {Threei}  but most of partials earlier in the day didn't really work

[14:12] {vinod} i am using 1k position and no partials so far

[14:13] {Threei}  stop under .70 for the last portion FAZ

[14:14] {Threei}  so far so good

[14:15] {Threei}  not as stellar day as yesterday but pretty solid

[14:16] {vinod} if i use 5k position size will do great but afraid to do so

[14:16] {nemo} welcome to the choir

[14:16] {Threei}  there is a time for everything

[14:17] {patience} i need momo environment to do 5k vinod

[14:17] {Threei}  no one starts with 5K

[14:17] {Threei}  unless they are suciadal

[14:17] {Threei}  MPP has whole procedure for upping the size

[14:17] {Threei}  follow it to the letter, you'll be fine

[14:17] {vinod} i am comfortable with you vad will go slow

[14:20] {Threei}  (US) WHITE HOUSE ECON ADVISOR SUMMERS: THERE IS A LOT OF WORK YET TO BE DONE IN ORDER TO GET THROUGH THE STRAINS IN THE US FINANCIAL SYSTEM

[14:20] {dino}   i've never gone to 5k

[14:21] {Threei}  FED'S BERNANKE: SEES USD REMAINING DOMINANT RESERVE CURRENCY FOR THE FORESEEABLE FUTURE - Q&A

[14:21] {Threei}  you are playing thin stocks dino

[14:21] {nemo} define "foreseeable"?

[14:21] {Threei}  with your style 5K would be triple suicide

[14:21] {nemo} how can you kill yourself more than once?

[14:22] {Threei}  well, you use axe but you don't get it right on the first try

[14:23] {nemo} using an axe to commit suicide is rather difficult

[14:23] {dptl} fitb ?

[14:23] {nemo} RIMM

[14:24] {Threei}  not sure about FITB

[14:24] {larisa} jump off the cliff smoking and shoot yourself half way down :)

[14:24] {Threei}  looks tempting bvut requires a lot of fuel to move

[14:25] {Threei}  sounds about right larisa... also, before jumping swalow a lot of pills and tie the loop around your neck,

[14:25] {nemo} FAS break .50 or are we back into FAZ?

[14:25] {Threei}  you can also increase the effect by jumping out of the window under the moving bus

[14:25] {nemo} Jump in front of a subway train

[14:27] {Threei}  poll: 58% think Obama has clear economic plan

[14:28] {Threei}  I consistently underestimate the numbers of delusional...

[14:28] {nemo} And how many of those polled have any clue about economics

[14:28] {dino} well when 40% don't pay taxes

[14:28] {vinod} nemo how can you kill yourself more than once? --get married?

[14:28] {dino} lol

[14:28] {Threei}  lol

[14:29] {nemo} No...that's torture

[14:29] {larisa} not funny

[14:29] {nemo} no, it's not

[14:29] {vinod} I am sorry i don't know we have female member here

[14:29] {nemo} make's waterboarding like going to get a pedicure

[14:30] {Threei}  don't worry vinod... they laugh just as well, they just don't show it

[14:30] {vinod} I am married over 28 years

[14:31] {Threei}  25 here

[14:31] {nemo} never caught a woman in a weak moment myself...they all sobered up

[14:32] {dino} 14

[14:36] {Threei}  little gambling anyone?

[14:36] {Threei}  DNDN

[14:36] {Threei}  .15 break

[14:36] {Threei}  stop under 17

[14:37] {Threei}  dp, there is EDGX offer

[14:37] {Threei}  make sure you have that enabled

06[14:37] * larisa slaps Threei around a bit with a large trout

[14:38] {dptl} :) ye i see it ..it,s on

[14:38] {Threei}  what was that for?

06[14:38] * nemo slaps Threei around a bit with a large bottle of Grey Goose

[14:38] {larisa} for being sarcastic :)

[14:38] {Threei}  hmmm

[14:39] {Threei}  you prepared to slap me about 60 times per hour?

[14:39] {larisa} lol

[14:39] {nemo} what he say?

[14:39] {dptl} still valid?

[14:39] {Threei}  yes

[14:40] {dptl} got .18

[14:40] {Threei}  half out .31

[14:40] {dptl} out .33 ty

[14:41] {Threei}  stop to .09

[14:41] {dptl} so iam on gamblers list now..:)

[14:41] {Threei}  yup

[14:41] {Threei}  uncomfortable gambler

[14:41] {dptl} lol

[14:42] {Threei}  I combine lists, you see

[14:42] {Threei}  in order to reduce paperwork

[14:42] {Threei}  and save trees

[14:42] {dptl} :)

[14:43] {nemo} why .15 and not when it broke resistance @ .19 or .20?

[14:43] {Threei}  huge offer at .15

[14:43] {nemo} oh

[14:43] {dptl} EDGX

[14:44] {Threei}  allowed to fine-tune entry

[14:44] {Threei}  level 2 must be good for something, right?

[14:44] {dptl} colorfull box nice to look at lol

[14:45] {Threei}  yeah, I am a sucker for flashing lights

[14:46] {Threei}  FEED... 3.30 two day's resistance

[14:46] {Threei}  out DNDN in full

[14:46] {Threei}  .53

[14:46] {Threei}  + something good

[14:46] {_jfjf64} lol

[14:47] {Threei}  this is somewhat wierd play guys... FEED

[14:47] {Threei}  canm turn into swing

[14:48] {Threei}  3.30 resistance, 3 support,

[14:48] {Threei}  looks good on daily,

[14:48] {Threei}  but kind of hard to imagine it would go a lot today if breaks

[14:48] {Threei}  so could turn into overnight hold

[14:49] {Threei}  so decide for yourself if you are comfortable with that

[14:49] {Threei}  and with such wide stop

[14:50] {Threei}  of course you can always turn it into scalp but chart is hard to read for that

[14:51] {Threei}  I'd say, .15 - .20 is closest support for scalpers

[14:51] {Threei}  so break of .40 and spike would be for exit

[14:52] {Threei}  anyone went for it?

[14:52] {_jfjf64} you on fire

[14:53] {Threei}  me is?

[15:02] {nemo} any news?  what with fas

[15:02] {Threei}  nope

[15:03] {dino} whole market

[15:03] {nemo} RIMM not really participating

[15:10] {Threei}  pirates got annoyed I guess... 4 more vessels are taken

[15:12] {Threei}  (US) REPORTEDLY US REGULATORS ARE PREPARING A "CONCEPT PAPER" TO EXPLAIN HOW TO INTERPRET THE RESULTS OF BANK STRESS TESTS - UNCONFIRMED REPORT

[15:12] {Threei}  {XLF C BAC}

[15:13] {dino} they need another committee 

[15:14] {cosmo} they need to see they're doctor

[15:19] {nemo} fas break of .65?

[15:19] {Threei}  C starts looking interesting

[15:19] {Threei}  was intrigued at .10 but somehow didn't find resolve in myself

[15:19] {Threei}  watching for some pullback or consolidation now

[15:20] {nemo} damn fas

[15:27] {Threei}  (US) REPORTEDLY US REGULATORS ARE PREPARING A "CONCEPT PAPER" TO EXPLAIN HOW TO INTERPRET THE RESULTS OF BANK STRESS TESTS, TO RELEASE STRESS TEST RESULTS BEFORE THE END OF APRIL (TIMING IN LINE WITH PRIOR GOVT FORECASTS) - UNCONFIRMED REPORT

[15:27] {Threei}  - Regulators still trying to decide how to disclose the results of stress tests.

[15:27] {Threei}  - Regulators (including SEC) are attempting to determine whether tests are deemed an examination or a material event that must be disclosed.

[15:27] {Threei}  - Stress tests will be on capital levels, not capital ratios.

[15:27] {Threei}  - Reminder: Many contradictory reports have circulated in recent weeks on whether or not stress test results will be made public on either a company-specific or industry-wide basis.

[15:28] {Threei}  this all is very stupid

[15:29] {Threei}  if yopu believe that test reflects soething objective, release the results, we have the right to know and there is no need to patronize us

[15:29] {Threei}  if tests are useless, why do you conduct them

[15:29] {nemo} PR looks like they're doing something

[15:30] {Threei}  anyway...

[15:30] {Threei} Long Setup:  FAS  .55 if holding above .45

[15:30] {Threei} Long Setup:  C  .15 if holding above .10

[15:34] {dino} whippy

[15:37] {Threei}  let's modify C

[15:38] {Threei}  .11 long if stays above .05

[15:40] {Threei}  no worly

[15:49] {vinod} see you tomorrow

[15:49] {Threei}  take care vinod

[15:50] {nemo} gnite

[15:53] {Threei}  interesting how strong C remains comparing to other finnies

[15:54] {dptl} have a good evening all

[15:54] {larisa} FAZ and F new highs :)

[15:54] {larisa} bye all

[15:55] {Threei}  take care dp, larisa

[15:55] {Threei}  C

[15:55] {Threei}  WSJ REPORTS THAT STOCK REGISTRATION DELAYED UNTIL AT LEAST FRI

[15:56] {Threei}  I've no idea why it's a good news but I scalped 13 cents

[15:58] {Threei}  okay guys

[15:58] {Threei}  thank you all

[15:58] {Threei}  have a good evening

[15:58] {nemo} gnite

[15:58] {Threei}  see you tomorrow

[15:58] {_jfjf64} ty

[15:59] {vint} good evening all

Apr 13 2009

Perfect day all around. 10 calls, 10 wins. Does it get any better than that? Some of usual suspects (BAC, C, RIMM) plus some odd ones (DNDN, FEED). 

Session Time: Mon Apr 13 00:00:00 2009

[07:56] {nemo} sneaky fellow

[07:56] {Threei}  who is?

[07:56] {nemo} you and you're new toy the header

[07:56] {Threei}  me be?

[07:56] {nemo} no, your evil twin...

[07:57] {Threei}  oh he is

[08:38] {Threei}  DNDN explosion

[08:39] {Threei}  don't see any news

[08:39] {dino} gm all

[08:39] {Threei}  dino :)

[08:41] {nemo} criminy...was there news?

[08:41] {Threei}  either leak or speculation

[08:43] {Threei}  sheesh... 8 on the nose

[08:45] {Threei}  I mean 9

[08:45] {Threei}  and still no news

[08:46] {dino} you take it vad?

[08:46] {Threei}  no

[08:47] {dino} has to be news on provenge (?) drud phase 3

[08:47] {Threei}  nothing on wires

[08:48] {Threei}  shortable... just checking in case we get "no approval" and have time to grab it

[08:50] {wulff} FAS just jumped

[08:52] {pita} morning all

[08:52] {Threei}  pita :)

[08:56] {dino} not finding anything but rumors

[08:56] {Threei}  same here

[08:57] {dino} meeting the 24th

[08:57] {cosmo} $25/shr is best rumor so far

[08:57] {cosmo} dndn that is

[08:58] {dino} yes, thats a nice one

[09:01] {ese} morning

[09:01] {Threei}  ese :)

[09:04] {elepet} good morning

[09:04] {Threei}  elepet :)

[09:08] {dptl} good morning

[09:08] {Threei}  dp :)

[09:10] {vinod} good morning

[09:10] {Threei}  vinod :)

[09:10] {cosmo} YHOO pre mkt high = 14.38  so far

[09:11] {Threei}  resumption of talks with MSFT

[09:13] {Threei}  ese... admin asked to ask you to check your e-mail

[09:13] {ese} that puts it above significant resistance cos......do you think it will just carry on

[09:13] {cosmo} maybe

[09:14] {Threei}  one more thing to keep an eye on: TCK

[09:14] {ese} ok will do.......my Visa expires this month i'm sure thats what it will be about

[09:16] {cosmo} so then ... you're going back home?

[09:16] {Threei}  lol

[09:16] {dino} sorry to hear es

[09:17] {dino} :)

[09:17] {Threei}  come on, it's Canada... no one goes back home, we hide in the neiborhood church

[09:17] {Threei}  until all three immigration officers have to go to the next case

[09:18] {Threei}  how do you think we grew to over 30 mil people...

[09:18] {nemo} sex?

[09:18] {cosmo} sanctuary

[09:19] {Threei}  nice try nemop... but no, we are not changing topic

[09:19] {nemo} no, that's how you grew to 30 million

[09:19] {Threei}  sigh

[09:19] {Threei}  I had one more comeback... "thanks but no"

[09:20] {fernp} Hello everybody

[09:20] {nemo} oy weh

[09:20] {Threei}  fern :)

[09:21] {magoo} morning

[09:21] {Threei}  magoo :)

[09:21] {Threei}  MGM UPDATE: INDICATING HIGHER AFTER REPORTS OVER THE WEEKEND THAT MGM GOT A WAIVER FROM LENDERS ALLOWING IT TO PAY $70M ON THE CITYCENTER PROJECT WITHOUT ITS PARTNER DUBAI WORLD

[09:27] {Threei}  most likely, first moves after the open will be guesses and confusion,

[09:27] {Threei}  later on market will start defining the direction

[09:27] {Threei}  my best guess is, up

[09:28] {cosmo} BRCD

[09:28] {cosmo} 4.91 hi so far

[09:29] {Threei}  04/13/09 06:24am

[09:29] {Threei}  [BRCD] Brocade Communications Systems Inc. Piper Jaffray Raised BRCD to Buy from Neutral, price target: $6

[09:29] {Threei}  - Firm believes an expanded IBM relationship was the biggest variable in BRCD's FY10 revenue guidance of $2.3-2.6B (includes BRCD/FDRY sales synergies) versus the $2.1-2.2B guidance (no sales synergies).

[09:29] {Threei}  - While there is still some residual integration risk with regard to the Foundry acquisition, firm believes there are many near-term catalysts that outweigh the integration risks.

[09:29] {Threei}  WFC

[09:29] {Threei}  ROCHDALE INITIATES WFC WITH BUY

[09:29] {Threei}  a bit late aren't we, Rochdale

[09:29] {nemo} gold up $15

[09:33] {cosmo} ttwo

[09:34] {Threei} Long Setup:  BAC  .30 break if stays above .20

[09:34] {cosmo} 9

[09:34] {magoo} in

[09:36] {Threei}  over 1:1

[09:36] {Threei}  half or scalp

[09:37] {Threei} Long Setup:  TCK  .65 break if stays above .55

[09:38] {Threei}  BAC 1:2

[09:38] {magoo} out .51 TY

[09:39] {ese} BAC...nice job boys.....

[09:42] {nemo} RIMM bolted

[09:42] {Threei}  WGOV?

[09:42] {nemo} tck invalumidated

[09:42] {dino} glbc, apsg

[09:43] {Threei}  wth happened

[09:43] {ese} tck invalidated Vad?

[09:43] {Threei}  yeah

[09:43] {nemo} you've got that outside/inside BBand pattern iin tck happening though

[09:44] {cosmo} ttwo salmon

[09:45] {Threei}  NFLX too

[09:45] {ese} have got nothing with a huge sell yet dino.....have you

[09:46] {dino} not really, apsg, glbc watch

[09:46] {dino} well glbc 20%

[09:47] {Threei}  keep an eye on ITRI dino, ese

[09:47] {Threei}  has p[otential to become your boy

[09:47] {dino} ge up

[09:47] {ese} will do

[09:48] {dino} ok

[09:48] {dino} 44.66 gap

[09:48] {ese} BBBY

[09:49] {nemo} look at BBY on 5 minute chart...a tad scary

[09:50] {ese} L bbby ,43

[09:50] {nemo} what's your stop ese

[09:51] {ese} .30

[09:52] {nemo} ty

[09:53] {dino} news glbc, don't see much

[09:54] {ese} out bbby .52 =}09

[09:54] {ese} +.09

[09:56] {ese} cos are you long yhoo?

[09:56] {dino} hmmmm, waiting a few more minutes

[09:56] {cosmo} y ese

[09:56] {cosmo} salmon huh?

[09:56] {ese} 1 min chart lokss fgab

[09:56] {ese} looks

[09:56] {ese} fab

[09:57] {dino} 1300, 825 gaps from 4/8

[09:58] {Threei} Long Setup:  FEED  2.90 break

[09:58] {Threei}  if stays above 2.80

[09:59] {dptl} in

[09:59] {nemo} too fast

[09:59] {Threei}  half out or scalp above 3

[09:59] {ese} missed it

[09:59] {magoo} WFC 

[09:59] {ese} would have been a good one

[10:00] {dptl} out .03 ty

[10:00] {Threei}  :)

[10:00] {cosmo} YHOO wants 14.40

[10:01] {ese} L ORCL .23

[10:01] {dino} glbc l .30, stop .99

[10:02] {magoo} bac takes 10

[10:02] {patience} good monday morninjg RT  :)

[10:02] {Threei}  patience :)

[10:03] {Threei}  BAC has that look

[10:03] {magoo} yea yea

[10:03] {magoo} wfc too

[10:04] {pita} where is reentry?

[10:05] {dino} aspg l .37, stop 17

[10:05] {dino} apsg

[10:05] {Threei}  WFC, either pullback into 19.15, or break of .50 if never loses .30

[10:05] {cosmo} many stocks breaking out of bases  fyi

[10:05] {Threei}  BAC, pullback under 10 or break of 10.15

[10:06] {ese} did i miss somethin....breakouts are not working......is it pullbacks i should be lookin at?

[10:06] {cosmo} bases

[10:06] {cosmo} on the dailies

[10:07] {ese} tks

[10:07] {magoo} in BAC

[10:07] {ese} my breakout on ORCL didn't work....am not stopped ...but just wonderin

[10:08] {cosmo} just dont think :)

[10:09] {Threei}  ese, your FITB got mojo back

[10:09] {ese} yes i'm long....at 3.10 with swing position

[10:09] {Threei}  wow

[10:09] {Threei}  that's one nice entry

[10:10] {dino} apsg stopped -.20

[10:10] {Threei}  WFC stop to under .40

[10:11] {Threei}  BAC stop to under .10

[10:11] {Threei}  BAC half out or scalp

[10:11] {Threei}  solidly over 1:1

[10:11] {dino} itri hl l .93

[10:11] {Threei}  WFC 1:1 almost

[10:11] {magoo} out BAC .41 TY BOSS

[10:11] {Threei}  half out WFC too

[10:11] {dino} apsg rinsed

[10:12] {Threei}  this one is a bit more volatile, gota keep risk unde stricter control

[10:12] {pita} BAC ty

[10:12] {Threei}  welcome guys

[10:13] {Threei}  WFC well above 1:1

[10:14] {Threei}  [09:27] {Threei} most likely, first moves after the open will be guesses and confusion,

[10:14] {Threei}  [09:27] {Threei} later on market will start defining the direction

[10:14] {Threei}  [09:27] {Threei} my best guess is, up

[10:14] {Threei}  panned out perfectly

[10:14] {Threei}  WFC 1:2 is coming

[10:14] {magoo} man..wishh i held all my original positionbs..would be REIC

[10:15] {Threei}  LULU... will I get this one right some day or not

[10:15] {Threei}  just gets away from me all the time

[10:16] {nemo} FAS/FAZ

[10:16] {dino} glbc stop to .51

[10:17] {cosmo} yhoo should hold .30  imo

[10:17] {magoo} its a wild aninmal vad..lulu..despite nice name

[10:17] {magoo} time for a pullbk

[10:17] {Threei}  nemo... you agree with me now that they meet today?? :)

[10:18] {nemo} could happen

[10:18] {Threei}  lousy 50 cents left

[10:18] {nemo} yeah, and I missed BAC this morning by .01...we'll see

[10:19] {dino} itri slipped stopped -.27

[10:20] {dino} glbc to .59

[10:21] {dino} out glbc .62, +.32

[10:24] {ese} dcc Vad?

[10:24] {nemo} no gravity on the financials.  Pour a shot Vad...here comes the crossing

[10:24] {Threei}  AIG...

[10:24] {Threei}  something's brewing here too

[10:25] {nemo} they crossed

[10:25] {dino} apsg last try l .42

[10:25] {dptl} ttwo?

[10:26] {Threei}  not an easy one

[10:26] {Threei}  I observed it as it tried to break .30 around 9:50

[10:26] {Threei}  it can be very nastuy

[10:27] {dptl} ok ty leaving it alone then

[10:27] {dino} blud

[10:28] {dptl} bpo?

[10:29] {Threei}  don't know... strange thing

[10:31] {dptl} aib?

[10:31] {nemo} weird we got the crossing then financials turned south

[10:31] {Threei}  yikes... where do you find these wierdos, lol

[10:32] {nemo} the mirror

[10:32] {Threei}  talking to do actually, but thank you for the information, nemo {G}

[10:32] {Threei}  to dp

[10:32] {dptl} :)

[10:35] {Threei}  TREASURY'S GEITHNER TO HOST G7 FINMIN MEETING IN DC ON APRIL 25

[10:36] {nemo} wow DOW volume huge, NAS low, S&P about 120%

[10:36] {Threei}  finnies are doing that I'd assume

[10:36] {Threei}  NAS is light on those

[10:40] {dino} options exp fri, fwiw...imo watch zeros and fives this week

[10:42] {Threei}  morning drop into 4.05 on F was very tempting... don't know why I hesitated to call it

[10:46] {dptl} mdt?

[10:46] {Threei}  .25 break worth a try

[10:46] {Threei}  stop under .15

[10:47] {dino} snda

[10:47] {dptl} ok ty

[10:50] {Threei}  amazes me how DNDN is holding

[10:51] {Threei}  gotta keep an eye on it

[10:51] {Threei}  this thing may be preparing another surprize

[10:53] {Threei}  if market picks up serious upward pace, one more momo candidate: APWR

[10:53] {Threei}  6.25 break

[10:55] {_robert} C?

[10:56] {Threei}  C is one of tyhe banks reporting over next week or two... bets are being placed whether it pulls WFC

[10:56] {Threei}  IMO, play it with FAS

[10:57] {_robert} ok, ty 3i

[10:57] {Threei}  their charts are very similar today

[10:57] {Threei}  if FAS resumes this victory march, C will be one of participants

[10:57] {_robert} ty

[10:58] {dptl} au?

[10:58] {Threei}  nah

[11:04] {ese} stopped orcl .00  &^%&^$^%

[11:06] {ese} didn't think it would go below 19.00

[11:14] {Threei} Long Setup:  RIMM  .80 break if stays above .70

[11:16] {dptl} in

[11:18] {Threei}  over 1:1, half out

[11:19] {Threei}  scalpers are scalpers

[11:20] {dptl} out .90 and .02 ty

[11:21] {Threei}  welcome

[11:21] {Threei}  1/4 more out .07

[11:22] {Threei}  offering last part .15

[11:23] {Threei}  out in full

[11:23] {Threei}  +.34

[11:24] {_jfjf64} nice nice

[11:24] {dino}  lbc l .85

[11:24] {Threei}  what do we have, 5:5 so far?

[11:25] {magoo} yup

[11:25] {Threei}  can I go home?

[11:26] {magoo} nope

[11:26] {Threei}  meanie

[11:26] {magoo} u are home btw

[11:27] {Threei}  hmmm

[11:28] {nemo} financials breaking out again

[11:28] {Threei}  PRESIDENT OBAMA: STIMULUS PROJECTS ARE AHEAD OF SCHEDULE, UNDER BUDGET

[11:29] {dptl} apwr if takes .25 stop under .10?

[11:29] {Threei}  yeah... risky one

[11:32] {Threei}  pirates vow revenge against USA

[11:33] {Threei}  I'll attack you but if you defend yourself I'll retaliate

[11:33] {Threei}  what's wrong with this picture?

[11:33] {nemo} Lucky Obama's president,they don't have to worry about a b52 strike levelling the coast of Somalia

[11:34] {Threei}  - Obama scheduled to speak on stimulus projects at the Dept of Transportation in a few minutes

[11:34] {nemo} buying more hybrids?

[11:35] {dino} what we need is reagan tossing a few at them

[11:35] {Threei}  why do I feel skeptical about e-mail promising weight loss with, wait for it...

[11:35] {Threei}  * No Exersize *

[11:36] {dino} just stop eating 3i

[11:36] {Threei}  I will - bui they need to learn to spell first

[11:37] {Threei}  feels like another spike is coming

[11:38] {Threei}  RIMM pulled back enough to become interesting again

[11:38] {Threei}  64 break

[11:38] {Threei}  stop under .90

[11:38] {nemo} that blew by

[11:40] {Threei}  anyone got it?

[11:40] {pita} in 04

[11:40] {nemo} how far away from break can you buy?

[11:40] {Threei}  I'd trail stop to under .95

[11:41] {dino} itri l .30

[11:41] {Threei}  we are moving into lunch time, gotta tighten things up

[11:41] {Threei}  over 1:1

[11:41] {Threei}  feel free to book it

[11:41] {dptl} mtl?

[11:42] {Threei}  not sure... way too slow

[11:42] {pita} booked ty

[11:42] {Threei}  welcome

[11:42] {dino} gj

[11:43] {dino} what the?

[11:44] {nemo} aliens?

[11:44] {dino} drop 

[11:45] {dptl} gci?

[11:46] {dino} ariel cap. ups stake to 12%

[11:46] {dino} axys hl l .27

[11:48] {Threei}  Prez on TV

[11:48] {nemo} weird spikes in shadows in FAS and FAZ today

[11:51] {dino} prez =markets drop

[11:53] {dptl} Vad,how about gci?

[11:54] {Threei}  I don't know

[11:54] {Threei}  this is not the kind of stock I would chase that far

[11:54] {dptl} yeah..got away

[11:55] {nemo} just like that FAS FAZ are $2 bucks apart again

[11:55] {dptl} was thinking.70 break with .60 stop

[11:55] {dino} dp, see above 12%

[12:09] {Threei}  US TREASURY RELEASES MUTUAL BANKS TARP TERM SHEET

[12:10] {Threei}  keep an eye on JNPR

[12:10] {Threei}  if market drops, this one looks nicely for a short

[12:11] {Threei}  17.80 being obvious trigger,

[12:12] {Threei}  but aggressive entry looks possible if we get sharp market drop and JNOPR delay

[12:13] {_jfjf64} stop??

[12:13] {Threei}  so far high of consolidation range is .92

[12:14] {Threei}  so .95 looks right for a stop with aggressive entry

[12:14] {_jfjf64} ty

[12:16] {nemo} RIMM Vad?

[12:17] {Threei}  market feels to me like dropping from here

[12:17] {dino} itri stop to .74

[12:17] {Threei}  RIMM doesn't look this way

[12:17] {Threei}  so my read is probably off

[12:17] {Threei}  backing away

[12:18] {dino} slipped .73 out, +.43

[12:20] {dino} cyou

[12:20] {nemo} omg

[12:20] {dino} straight up

[12:21] {Threei}  nice drop RIMM

[12:21] {Threei}  why did I not call short?

[12:21] {nemo} you said you couldn

[12:21] {nemo} read it

[12:23] {ese} L drys .75

[12:24] {ese} .759 to be exact

[12:25] {ese} out drys .80 +.05

[12:25] {dino} powl?

[12:26] {ese} $205 on 5000 shs

[12:26] {Threei}  ese become quite proficient at scalp type I

[12:26] {nemo} yeah, got out just in time too

[12:26] {ese} am trying ....not better than 50/50 yet

[12:27] {ese} witness orcl this morning

[12:28] {dino} esrx happy

[12:28] {ese} l drys .76

[12:28] {ese} out .81

[12:29] {ese} +.05 again same deal

[12:29] {ese} drys can pop up there like that though

[12:32] {dptl} long apwr.25

[12:32] {ese} one thing that has changed in my trading though is that when i exit a stock and it shoots up .......i'm into the "ahhhhhhh big deal stage"...more where that came from....doesn't bug frame of mind

[12:34] {nemo} was RIMM on break of resistance a reasonable trade?  Or not at lunch time?

[12:34] {dino} seems you've found your edge

[12:35] {ese} it's taken a while dino.......

[12:35] {Threei}  answer in retrospect will sure be tainted by knowing the outcome

[12:35] {nemo} came right back too, lunch time scalp at best

[12:36] {ese} a la drys right now......shot right up there....has no effect on me......whereas before it was the ..."Damn.....if i'd just hung on sybdrome"

[12:36] {Threei}  wow DRYS

[12:36] {ese} thanks vad.....i needed that

[12:36] {dptl} spwr stop still under .10?

[12:36] {dptl} apwr i mean

[12:37] {Threei}  reasonable to move it under .15

[12:37] {dptl} ok ty

[12:38] {nemo} JNPR long break of .95?

[12:38] {Threei}  (CH) UPDATE: CHINESE GOVT RESEARCHER FORECASTING PROPERTY PRICES IN CHINA TO FALL BY 50% OVER NEXT TWO YEARS

[12:38] {Threei}  nah, I'd leave JNPR alonwe

[12:39] {nemo} yeah, and EJ is up .25 more since that announcement

[12:40] {Threei}  WFC pulled back nicely for scalp entry

[12:40] {Threei}  watch FAS for upticks to grab WFC

[12:41] {Threei}  ummm

[12:41] {Threei}  way too fast

[12:41] {Threei}  don't chase, beter let it go

[12:41] {dptl} out some .39 apwr

[12:42] {Threei}  wtg

[12:42] {Threei}  good focus

[12:42] {dptl} ty :)

[12:42] {Threei}  anyone else took APWR?

[12:43] {Threei}  lazy bums... clean JBE

[12:44] {Threei}  that's 7 for 7, and I am on strike

[12:45] {dptl} all out .49 ty

[12:45] {dino} cyou continues

06[12:45] * Threei slaps dptl around a bit with a large roll of cash

[12:45] {nemo} better take tomorrow off then GS will announce everything will rocket pre-market, and the rest of the day will suck

[12:46] {magoo} when GS report?

[12:46] {nemo} hold on

[12:46] {Threei}  tomorrow before open

[12:46] {magoo} before..interesting

[12:47] {nemo} yeah, day off tomorrow

[12:47] {magoo} u taking off nemo?

[12:47] {nemo} no, I'll be here, but if everything rockets, we get a repeat of WFC's preannouncement

[12:48] {nemo} well, that's if history repeats itself

[12:49] {nemo} GS has probably made a killing this quarter, considering they were one of the big counterparties to AIG

[12:49] {pita} later all

[12:49] {Threei}  take care pita

[12:50] {dino} vprt drop

06[12:52] * magoo slaps laserdave around a bit with a large trout

06[12:52] * magoo slaps laserdave around a bit with a large trout

06[12:52] * magoo slaps laserdave around a bit with a large trout

[12:52] {laserdave} tanks

[12:52] {magoo} dont mention it:)

[12:54] {dino} vprt l .70

06[12:55] * Threei slaps laserdave around a bit with a large chart of uptrending market

06[12:58] * magoo slaps Threei around a bit with a large trout

06[12:58] * magoo slaps patience around a bit with a large trout

[12:59] {dino} algt

[13:12] {dino} chtt drop

[13:13] {dptl} will aa break 9?

[13:14] {Threei}  better question is,

[13:14] {Threei}  if it breaks, what are you going to do?

[13:15] {Threei}  see my point?

[13:16] {Threei}  what's the use in predicting

[13:16] {Threei}  better prepare your scenario

[13:16] {Threei}  and go with plan

[13:16] {nemo} 9 break stop under .93...maybe?

[13:17] {dptl} will take 9 break with .stop under .95

[13:18] {nemo} sorry, I was looking at 5 minute chart

[13:19] {dino} fslr

[13:19] {patience} magoo, why you trouting me?

[13:20] {magoo} because i can

[13:20] {nemo} it's a betrouthal

[13:21] {nemo} mmmh market woke up

[13:21] {Threei}  1:1

[13:21] {dptl} jeez...didn' get it ...how come? had .02 prepared

[13:22] {dptl} hmm wierd oh well

[13:22] {dptl} nice one..did you get it Vad?

[13:22] {Threei}  was distracted

[13:22] {Threei}  saw it breaking when it was at .05

[13:23] {dptl} here comes apwr for another leg

[13:24] {Threei}  spread became nasty

[13:25] {Threei}  sheesh

[13:25] {Threei}  look at CUBA

[13:27] {dptl} they talk about Cuba on cnbc now

[13:28] {Threei}  C

[13:28] {Threei}  chart is nice for 3.50 break

[13:29] {dptl} stop at.40?

[13:29] {Threei}  depends

[13:29] {Threei}  there are a few way to play it

[13:29] {Threei}  fo scalp type I, .44

[13:29] {dptl} no under .45 i think for scalp

[13:29] {dptl} oops

[13:29] {Threei}  for a day trade either under .40 or .35

[13:30] {dptl} aa 1:3

[13:30] {nemo} tck on 5 minute vad

[13:31] {Threei}  then there is a swing trade if you believe in GS earthshuttering report

[13:31] {Threei}  don't have read on TCK

[13:32] {nemo} in on c @ .50 or wait until .51?

[13:32] {Threei}  last shares at .50 ideally

[13:32] {Threei}  just before uptick

[13:32] {dptl} in c .50

[13:34] {dino} axys stop to .65

[13:34] {dino} out slipped .60 ave, +.30

[13:36] {dino} vprt stop to .82

[13:36] {Threei}  BAC new high...

[13:36] {dino} chtt sm l .51

[13:37] {dino} to .88 vprt

[13:38] {dino} out .88, +.18

[13:38] {magoo} nice fast

[13:44] {nemo} wanna' talk nicely to C Vad?

[13:45] {dptl} stop to under .48?

[13:45] {Threei}  hmmm

[13:45] {Threei}  is it really my style

[13:46] {nemo} on occasion

[13:46] {Threei}  if you want to be very anal-retentive, dp...

[13:46] {dptl}  ok..:)

[13:47] {Threei}  1:1 for type I

[13:47] {dptl} out some .06 1:1

[13:47] {Threei}  ese... fess up

[13:48] {nemo} out ty

[13:48] {Threei}  this is so your kind of play

[13:48] {Threei}  welcome

[13:48] {Threei}  this is what, 8:8 or 9:9?

[13:48] {dptl} yeah i see Ese on al of the ecn's

[13:49] {nemo} 9:9  counting the one you got distracted on

[13:49] {Threei}  cool beans... next time I'll just kill the guy who phoned 30 seconds before AA broke out

[13:49] {nemo} you didn't have to answer

[13:50] {Threei}  so what... I don't pretend to be fair

[13:50] {nemo} what?

[13:50] {Threei}  killing him would be unfair since it's my fault for answering the call, right?

[13:50] {nemo} right

[13:51] {Threei}  since I don't even pretend to be fair, I can still kill him

[13:51] {dptl} all out c ty

[13:51] {nemo} then again, you're just helping his soul transition to the next rotation

[13:51] {Threei}  welcome

[13:51] {Threei}  there you go

[13:51] {nemo} It's a great rationalization that has worked for me countless times

[13:52] {Threei}  also, helps with his headaches

[13:52] {Threei}  in a very radical way

[13:52] {nemo} what headaches?

[13:52] {Threei}  well, if he calls me for advice he must have some

[13:53] {Threei}  and if he doesn't, I'll still think he does - another rationalization

[13:53] {magoo} mkts got that same feel as thursday imo

[13:54] {Threei}  I agree

[13:54] {nemo} O eye C, you'll end his headaches

[13:54] {Threei}  whew

[13:54] {magoo} magoo faints

[13:54] {Threei}  was it so deeply coded?

[13:54] {nemo} multi-tasking

[13:57] {ese} sorry all....stepped out for a few minutes......fess up on what????   what did i miss or what have I been accused of ehhhhhhhh????

[13:57] {Threei}  missed C scalp type I

[13:58] {Threei}  .50 entry

[13:58] {Threei}  hit .60

[13:58] {nemo} just the usual ese...miscreant deviance

[13:58] {magoo} any read GS VAD?

[13:58] {Threei}  so your kind of play

[13:59] {_jfjf64} nice c nice

[13:59] {Threei}  up mags... but finding an entry on it, I don;'t even want to try

[13:59] {Threei}  when it danced around 128, I thought 130 today for sure,

[13:59] {magoo} BAC 11

[14:00] {magoo} i think 135 vad

[14:00] {Threei}  watched it for a while trying to find entry, gave up finally

[14:00] {Threei}  BAC one of the strongest

[14:00] {magoo} if holds130..135 in cards

[14:00] {magoo} big levels

[14:00] {nemo} fas vad

[14:00] {nemo} too late

[14:01] {nemo} reenter C break of .60?

[14:02] {Threei}  let's try for pullback rather

[14:02] {Threei}  BAC pulled back into 11

[14:02] {magoo} now its wfc turn..in it .50

[14:02] {Threei}  cross back over 11 if holding 10.90

[14:03] {nemo} RIMM pull back

[14:04] {magoo} took dime WFC

[14:04] {nemo} shit RIMM

[14:10] {Threei}  BAC invaliadated

[14:13] {nemo} It's like FAZ and FAS are magnets with opposite polarity.

[14:14] {ese} I'm outta here for the day all....see you tomorow

[14:14] {Threei}  take care ese

[14:14] {nemo} P&Q ese

[14:14] {ese} you bet

[14:14] {Threei} Long Setup:  BAC  .76

[14:14] {Threei}  stop under .70

[14:17] {dptl} thin one: cetv ?

[14:18] {Threei}  frikin thing is up 2 and half bucks

[14:18] {Threei}  no way I am touching it here

[14:19] {dptl} 2.5?

[14:19] {nemo} VAD wfc

[14:19] {Threei}  half out BAC .84

[14:19] {Threei}  scalkpers take profit

[14:20] {Threei}  low 13.50

[14:20] {Threei}  right now at 16t

[14:20] {Threei}  16 - 13.50 = 2.50

[14:20] {Threei}  no?

[14:20] {dptl} oh ye from low today...yes 

[14:23] {Threei}  out second half BAC

[14:23] {Threei}  .91

[14:23] {Threei}  10:10

[14:23] {Threei}  can I go home finally???

06[14:24] * Threei slaps magoo around a bit with a large demands, from "can I go home" to "I want a raise"

[14:24] {_jfjf64} nice nice

[14:24] {magoo} nooooooooo

[14:32] {dino} scanners green

[14:32] {patience} but are they moving?

[14:33] {dino} indeed

[14:36] {dptl} mi?

[14:37] {Threei}  lol

[14:38] {Threei}  where do you find those that run today more than in their three previous lifetimes

[14:38] {nemo} C&H 5 minute chart TCK

[14:38] {dino} everywhere

[14:38] {dptl} lol...

[14:42] {nemo} Everybody is expecting GS to blow out earnings tomorrow, yes?

[14:44] {nemo} C Vad...too late

[14:44] {magoo} problem is it is way up in advance

[14:45] {nemo} you talkin' GS mags?

[14:45] {magoo} yes

[14:45] {Threei}  C is going higher IMO

[14:45] {nemo} my thoughts too

[14:45] {magoo} might be set to sell the news

[14:45] {Threei}  I just don't want to be a breakout buyer on it

[14:45] {dino} you have to worry about buy the rumor sell the news on that run

[14:45] {nemo} my thoughts too mags

[14:45] {Threei}  notice it bottomed out right when BAC did

[14:46] {magoo} may stay strong tpoday tho

[14:46] {nemo} yes, and yes

[14:47] {magoo} like i could see 133-134 today

[14:48] {Threei}  F

[14:48] {Threei}  S&P RAISES RATINGS TO CCC+ FROM SD-; OUTLOOK NEGATIVE

[14:48] {Threei}  - The upgrade reflects our evaluation of Ford's creditworthiness following the company's completion of what we considered to be a distressed debt exchange. The transaction improved Ford's capital structure; Ford's automotive debt was reduced by $9.9B, from $25.8B at Dec. 31, 2008. Still, Ford estimates that annual cash interest savings will be less than $600M, a fraction of the company's automotive cash outflows in 2008 and, we believe, in 2009.{GM}

[14:49] {dptl} Vad..how about aa short of .23?

[14:49] {Threei}  50/50, IMO

[14:50] {dptl} ok

[14:50] {dptl} ty

[14:56] {dino} vprt l .00

[14:57] {Threei}  BAC lost mojo somewhat, C stays strong

[14:58] {Threei}  ugh

[14:58] {nemo} what did you miss?

[14:58] {Threei}  DNDN, I was keeping it on a backburner for so long that finally missed the spike

[14:59] {Threei}  lol

[14:59] {laserdave} im away?

[14:59] {laserdave} where did i go?

[14:59] {Threei}  dave is losing it

06[14:59] * nemo slaps laserdave around a bit with a large bottle of no-doz

[15:07] {magoo} vad..whatcha think here?

[15:08] {Threei}  explosive finish

[15:09] {nemo} explosive or implosive?

[15:11] {Threei}  UN SECURITY COUNCIL FORMALLY ADOPTS STATEMENTS CONDEMNING NORTH KOREA'S ROCKET LAUNCH

[15:13] {dino} vprt to b/e

[15:15] {dino} to .11

[15:15] {dino} out vprt +.11

[15:15] {dino} re: n korea, like they care

[15:15] {nemo} gotta' send in the "World Police"

[15:17] {dino} another "resolution" w/o teeth, big deal, mark my words in 60 days they will give hundreds of millions in aid to them, calling it tough new deal

[15:17] {dino} every year same thing

[15:19] {Threei}  FAS is trading above FAZ

[15:19] {magoo} thats SICK

[15:19] {Threei}  how funny is that

[15:19] {dino} powl to .10

[15:19] {Threei}  FAS started as 20 if I remember correct

[15:19] {Threei}  FAZ at 120

[15:20] {Threei}  both are under 10

[15:20] {Threei}  what kind of vehicle is that

[15:20] {Threei}  lol

[15:21] {dino} out powl .25, ave +.33

[15:22] {dino} hybrid i guess

[15:22] {Threei}  lol

[15:22] {nemo} is that the Buffet china investment?

[15:22] {Threei}  you mean feel-good-but-totally-useless-POS?

[15:23] {nemo} don't know, I have an article, am not watching CNBC

[15:23] {dino} pretty much

[15:23] {dino} whats cnbc

[15:23] {nemo} it's a matador

[15:24] {dino} lol

[15:24] {nemo} wondering if you remembered?

[15:27] {dino} ?

[15:27] {nemo} what

[15:33] {dino} i guess i don't remember

[15:34] {nemo} What's a matador?  Ugly AMC car

[15:34] {Threei}  I feel this conversation would be bought by stand-up comedians on the spot

[15:34] {dino} ahhhh, was lost there

[15:34] {nemo} you're younger than I am

[15:34] {dino} 44

[15:35] {nemo} yep

[15:38] {dino} glbc to .81, all dayer

[15:39] {dino} out .85 flat

[15:40] {dino} now just need to get rid of that piece of chtt

[15:41] {dino} c'mon, that's funny

[15:41] {magoo} vad..what ya looking at?}

[15:41] {nemo} yeah, just tired, dino

[15:41] {Threei}  at dino's line

[15:41] {Threei}  trying to figure out funny part

[15:41] {Threei}  kidding dino... it is funny :)

[15:42] {dino} you guys kill me

[15:42] {Threei}  TRBR

[15:42] {Threei}  is that a joke?

[15:42] {dino} like an abbott and costello show

[15:43] {Threei}  mags, C and BAC are main players

[15:44] {Threei}  I am just not sure it's worth risk so close to eod

[15:44] {nemo} wish I had gone long on that C break of .60...

[15:44] {Threei}  do I really want to spoil the perfect day?

[15:45] {dino} 6 for 9

[15:49] {dino} out chtt .60, +.15 ave

[15:49] {dptl} have a good evening all

[15:49] {Threei}  take care dp

[15:49] {dino} that's it for me, don't want to mess up

[15:50] {Threei}  neither do I

[15:50] {Threei}  just watching the close

[15:50] {Threei}  interestingly quiet

[15:50] {Threei}  at the high

[15:51] {nemo} bode higher for tomorrow Vad?

[15:52] {Threei}  well, action wise yes but still gotta hear from GS

[15:52] {nemo} or, the reaction to GS anyway.  I think they kill it tomorrow

[15:53] {Threei}  GS may prove very hard to kill...

[15:53] {nemo} No...I mean earnings, they did well this quarter

[15:53] {cosmo} on bailouts

[15:53] {Threei}  rumor says total kill

[15:54] {Threei}  overkill

[15:54] {nemo} wow RIMM giving it back

[15:54] {Threei}  kill twice, and then kill again to be sure

[15:54] {nemo} Taxpayer got fornicated big time

[15:54] {Threei}  US PATENT OFFICE REPORTEDLY REJECTS ALU TOUCH-SCREEN PATENT THAT RESULTED IN A $358M JURY VERDICT AGAINST MSFT

[15:54] {Threei}  - in a March 26 notice, the patent office stated the elements of the patent used to rule against MSFT were obvious variations of public domain touch screen tech. ALU patents will remain in force during any appeal process that ALU intiates with the patent office.

[15:54] {Threei}  - the jury verdict last year with interest now stands at about $511M.

[15:54] {Threei}  - the case is Lucent Technologies v Gateway Inc. in the southern district court of California.

[15:56] {Threei}  any blip with GS, FAZ will be major buy

[15:56] {nemo} Have to be up early tomorrow

[15:57] {Threei}  okay guys, hope everyone's happy today

[15:57] {Threei}  who isn't load up on dopamine

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

[15:57] {Threei}  will be verrry interesting day

[15:58] {magoo} ty vad

[15:58] {magoo} everyone

[16:00] {_jfjf64} nice day 3i

[16:00] {Threei}  yeah... I reserve right for couple stops tomorrow

[16:01] {_jfjf64} lol

Apr 09 2009

As most of big gap days, this one was tough for intraday trades. The only game in town was financial sector, and excessive gap and volatility made the read hard. Stops and wins came and went in roughly equal numbers. 

Session Time: Thu Apr 09 00:00:00 2009

[08:03] {Threei}  08:01am

[08:03] {Threei}  [WFC] Wells Fargo & Co Guides Q1 $0.55, R $20B v $19Be

[08:03] {Threei}  - Combined net charge-offs of $3.3B, compared with fourth quarter net charge-offs totaling $2.8 billion at legacy Wells Fargo and $3.3B at legacy Wachovia

[08:13] {Threei}  07:27am

[08:13] {Threei}  [APWR] A-Power Energy Generation Systems Reports Q4 0.30 v $0.15e, R $81.4M v $75.9Me

[08:13] {Threei}  - Guides FY09 Rev $290M v $259Me

[08:13] {nemo} wow

[08:14] {cosmo} CAT's up

[08:15] {cosmo} could be the next big auto maker...

[08:15] {Threei}  everything's u[

[08:15] {Threei}  except FAZ and others of that breed

[08:15] {nemo} Futures have exploded

[08:15] {Threei}  WFS earnings... rumor all 19 banks passed stress test

[08:16] {nemo} we know they were all going to pass

[08:16] {Threei}  hmm?

[08:16] {Threei}  that wasn't thew theme

[08:16] {Threei}  the theme was, no announcement of test results for this or for that reason

[08:17] {Threei}  which injected skepticism

[08:17] {nemo} Yeah, think of it like analyst upgrades and downgrades

[08:17] {nemo} Even if they didn't pass, we'll never know

[08:17] {Threei}  "all passed" certainly has mark of good news on it

[08:18] {nemo} Potemkin Village comes to mind

[08:18] {Threei}  sure

[08:18] {Threei}  but that was not a given

[08:18] {nemo} Unless we're being led

[08:19] {Threei}  FAZ... oh the pain

[08:19] {Threei}  those who think low price by default is a buy, have a great opportunity to re-think their thinking

[08:20] {nemo} amazing...WFC...record net income after preferred's

[08:20] {cosmo} ... and bailouts...

[08:21] {nemo} http://www.ritholtz.com/blog/2009/04/stress-test-insanity/

[08:21] {larisa} good morning everybody :)

[08:21] {nemo} larry :)

[08:21] {cosmo} hmmm

[08:21] {Threei}  larisa :)

[08:22] {nemo} watcha thinking cosmic?

[08:22] {cosmo} la''y

[08:22] {larisa} looking in the mirror, no, not larry :)

[08:22] {nemo} oh, freeform...silly...or is it 'ally?  Seen the futures? Big train a coming.

[08:23] {cosmo} that's the light at the end of the tunnel

[08:23] {nemo} Sure it is  :)

[08:25] {cosmo} CSCO nice pull back...

[08:25] {cosmo} 7.49

[08:26] {nemo} The SEC sales tax will increase from $5.60 per million dollars sold to $25.70 per 

[08:26] {nemo} million dollars sold. 

[08:26] {nemo} They're almost quintupling the sales tax!

[08:28] {cosmo} SNDK

[08:30] {cosmo} 14.10 recent high

[08:30] {Threei}  (US) INITIAL JOBLESS CLAIMS W/E APR 4TH: 654K V 660KE; CONTINUING CLAIMS W/E MARCH 28TH: V 5.8ME

[08:30] {Threei}  CONTINUING CLAIMS W/E MARCH 28TH: 5.84M V 5.8ME

[08:30] {Threei}  - Prior Jobless Claims revised from 669k to 674Kk

[08:30] {Threei}  - Prior continuing Claims revised from 5.728M to 5.745M

[08:30] {ese} morning

[08:30] {Threei}  ese :)

[08:31] {Threei}  (US) FEB TRADE BALANCE: -$26.0B V -$36.0BE

[08:31] {Threei}  - prior revised from -$36B to -$36.2B

[08:31] {Threei}  (US) MARCH IMPORT PRICE INDEX M/M: 0.5% V 0.9%E, Y/Y: -14.7% V -14.7%E

[08:31] {Threei}  - prior (m/m) revised from -0.2% to -0.1%

[08:31] {Threei}  - prior (y/y) revised from -12.8% to -12.7%

[08:33] {fernp} Hello everybody

[08:33] {Threei}  fern :)

[08:35] {ese} any word on the Bulk Dry Index Vad?

[08:36] {Threei}  not yet today

[08:37] {ese} I held my 4000 shs of drys yesterday overnight...i'm up 2000 to start.....after the announcement by Maersk that he's rasing rates....i went hmmmmmmm

[08:41] {vinod} good morning

[08:41] {dptl} good morning

[08:41] {Threei}  vinod, dp :)

[08:42] {Threei}  ese... had a look at F?

[08:42] {ese} yup

[08:42] {Threei}  C

[08:42] {Threei}  FOX-PITT ANALYST COMMENTS THAT CITI HAS AN "INCREASED PROBABILITY OF SURVIVAL"

[08:43] {Threei}  IMF'S LIPSKY: WORTH CONSIDERING SINGLE CURRENCY IN THE FUTURE

[08:43] {Threei}  uhhu

[08:43] {Threei}  dream on

[08:43] {ese} i missed that consolidation patter between .62 & .72 cents....that looked very much like Fitb

[08:44] {Threei}  that was my point when I mentioned it to you... and I made the parallel between the two

[08:44] {ese} single curency with who.....us?

[08:44] {Threei}  worldwide I take it :)

[08:45] {Threei}  IMF'S LIPSKY: WORTH CONSIDERING SINGLE CURRENCY IN THE FUTURE; CURRENCY DEBATE ALWAYS COMES UP DURING CRISES

[08:45] {Threei}  - Sees no 'short-term' move from current reserve currencies

[08:45] {ese} I'm trying to find stocks with narrow consolidation pattern like that.....easy to read and very effective

[08:46] {Threei}  sheesh WFC

[08:46] {ese} whoa...your not kidding

[08:47] {ese} wfc

[08:49] {ese} financials look like they'll be in play today

[08:49] {magoo} morning

[08:49] {Threei}  magoo :)

[08:50] {magoo} whats going on with financials today?

[08:50] {pita} gm all

[08:50] {ese} going nuts

[08:50] {Threei}  WFC good earnings, and ruimor that all 19 banks passed stress test

[08:50] {ese} pita

[08:50] {Threei}  pita :)

[08:50] {magoo} crushing SKF

[08:50] {Threei}  and FAZ

[08:51] {Threei}  FAS high from 03/19 is 7.8

[08:52] {magoo} u in anything here?

[08:52] {Threei}  in F from yesterday...

[08:52] {Threei}  nothing today, things opened with prohibiting gap

[08:53] {magoo} ma WFC nuts

[08:53] {ese} nice vad.....when did you get in...at the consolidation?

[08:53] {Threei}  no, later... 3.95

[08:54] {cosmo} and now....a stress test for traders?

[08:54] {ese} everyday a stress test cos..........brutal business

[08:54] {Threei}  dumped 5K at 4.15, +.20

[08:55] {Threei}  5K left

[08:55] {ese} nice........

[08:55] {Threei}  it's beden quite a while since I did anything like this

[08:55] {Threei}  been

[08:57] {ese} you still have a half a postion vad?

[08:57] {Threei}  yes

[08:57] {Threei}  want to exit into spike over .20

[08:58] {Threei}  stop 3.99 now, so no way I lose on this one

[08:58] {cosmo} ... trading like its 1999

[08:59] {nemo} geez...if WFC reports .55/qtr that's $2.20 for the year, times a conservative 12 multiple, that's around $26.50

[09:01] {nemo} what are we watching besides F :)

[09:01] {Threei}  ah come on

[09:01] {nemo} is this throw a dart day?

[09:01] {Threei}  imagine you are asked to provide list to watch this morning

[09:01] {Threei}  what would you suggest?

[09:01] {nemo} How many times you told me not to think?????

[09:01] {Threei}  still do...

[09:02] {nemo} I'm confused

[09:02] {Threei}  you don't need to think to come up with stocks to watch this morning

[09:02] {cosmo} think so?

[09:02] {Threei}  lol

[09:07] {Threei}  WFC CFO: BELIEVES ECONOMY IS 'NOT OUT OF THE WOODS' YET

[09:09] {cosmo} carefull ... wooden nickles

[09:11] {dino} gm all

[09:11] {Threei}  dino :)

[09:12] {ese} dino

[09:12] {Threei}  WFC CFO: FEEL LIKE THE COMPANY 'A LOT CLOSER TO BOTTOM'

[09:12] {Threei}  ummm

[09:13] {Threei}  by today's action, it's a lot farther from the bottom

[09:13] {ese} ya....wheres he at?

[09:14] {ese} ya just get the feeling that some of these guys just have no clue.......no wonder there companies go under

[09:15] {Threei}  well, to be fair... this whole debacle has shown not many in the world had any clue, lol

[09:15] {ese} indeed

[09:15] {Threei}  scanhged my mind a bit and dumped 3K more F

[09:16] {cosmo} the "poor dads' had a clue tho

[09:16] {nemo} morning euphoria fading?

[09:17] {ese} not according to the qqqq nemo

[09:17] {dino} m2m changes the reason for wfc?

[09:17] {dino} txt rumor bid of 21 from arab co.

[09:17] {Threei}  (US) REPORTEDLY US OFFICIALS ARE NOT LOOKING TO ASSESS SOLVENCY OR CLOSE ANY INSTITUTIONS BASED ON RESULTS OF BANK STRESS TESTS, ACCORDING TO SOURCE - UNCONFIRMED REPORT

[09:17] {Threei}  {XLF}

[09:17] {dino} then why bother

[09:18] {Threei}  they mean test results were good

[09:19] {Threei}  9:02am

[09:19] {Threei}  [TXT] Textron Inc Hearing cautious comments out of UBS

[09:19] {Threei}  - Calls Kuwait/UAE buyout reports "extremely unlikely"

[09:20] {Threei}  [08:13] {Alert} Threei [APWR] A-Power Energy Generation Systems Reports Q4 0.30 v $0.15e, R $81.4M v $75.9Me

[09:20] {Threei}  [08:13] {Alert} Threei - Guides FY09 Rev $290M v $259Me

[09:22] {dino} japan stimulus pushing solar

[09:23] {Threei}  let's be patient guys

[09:23] {Threei}  these huge gap days present a challenge

[09:23] {Threei}  three scenarios:

[09:23] {Threei}  first, crowd's thinking - profit-taking, selloff after the open

[09:24] {Threei}  not the one I'd go for until and unless there are serious signs of it

[09:25] {Threei}  second, least desirable but unfortunately quite frequent - stall, narrow range, niot much happening, breaks of the range are fakeouts as prices return into the range without giving enough profit

[09:25] {Threei}  third, my favorite, as it goes trotally against conventional thinking,

[09:26] {Threei}  consolidation, breakout and further creep up, counter-intuitive, crowd-killing

[09:26] {dino} the up gaps have been filling this week

[09:26] {ese} thats what i was going to say 

[09:26] {dino} then say it, :)

[09:26] {magoo} gaps dont always fill same day

[09:26] {ese} seemed like any gaps i looked at where gone shortly thereafter

[09:26] {magoo} mostly noit

[09:26] {magoo} not

[09:27] {Threei}  will have to wait a bit to catch the signs of most likely scenario

[09:27] {ese} you beat me too it

[09:27] {Threei}  out last 2K F .24

[09:27] {nemo} guess you can go home now

[09:28] {dino} i'm a seller higher buyer lower

[09:29] {cosmo} buy pull-backs as mkt climbs the 'wall of worry' ....maybe

[09:30] {ese} and were off

[09:32] {dino} watch 8016, 1316, 845 imo

[09:32] {nemo} we hit the first turn yet?

[09:32] {nemo} at the track that is...

[09:35] {magoo} .

[09:38] {dino} cb, trv neg.

[09:39] {ese} dino ..opinion....gap on the qqqq get filled today or some other time

[09:39] {Threei}  starting to scale back into F

[09:39] {nemo} "or some other time"   mmmmmhhh

[09:40] {ese} another day

[09:40] {Threei}  want to accumulate it a bit

[09:40] {Threei}  1K in .04

[09:40] {dino} some time 98%, today 50/50

[09:41] {Threei}  AMTD HEARING TAKEOVER CHATTER CIRCULATING

[09:41] {Threei}  - TD rumored as potential acquirer (note TD is currently a stakeholder)

[09:41] {ese} tks......maybe the banking news will keep it up

[09:41] {dino} let's go w/a beer bet, i say today

[09:42] {Threei}  WFC slowly becoming interesting for bounce

[09:43] {Threei}  F jumped not giving me chance for more

[09:43] {Threei}  whatever, out +.11

[09:45] {Threei} Long Setup:  RIMM  .85 if stays above .70

[09:46] {dino} mon. close to tues. gaps closed

[09:46] {nemo} invalu..

[09:46] {Threei}  WFC

[09:46] {Threei}  DEPOSIT FLOWS HAVE BEEN GOOD; NET INTEREST MARGIN BETTER THAN EXPECTED - CNBC

[09:47] {dino} trv l .50

[09:47] {Threei}  anyone took F?

[09:47] {pita} missed

[09:47] {Threei}  I underestimated this bounce

[09:48] {nemo} wfc vad

[09:51] {dino} trv stopped -.25

[09:55] {Threei} Long Setup:  GE  11.30 if stays above .20

[09:58] {ese} see anything on the Baltic dry Index yet Vad?

[09:58] {Threei}  nope

[09:59] {ese} considering toasting drys

[09:59] {fernp} out GE. I was long from 11.21

[10:00] {ese} nice scalp fern

[10:00] {fernp} ty ese

[10:00] {ese} text book that one

[10:01] {ese} I like those consolidaions myself

[10:01] {fernp} yeah, me too

[10:01] {Threei} Long Setup:  RIMM  .80 break if stays above .65

[10:04] {magoo} in out

[10:04] {magoo} .94

[10:05] {Threei}  market is climbing, but... do you see may stocks following?

[10:05] {cosmo} sndk

[10:08] {dino}  no

[10:09] {ese} out drys .82 + .30 on 4000shs

[10:09] {Threei}  wtg

[10:09] {ese} tks vad

[10:10] {Threei}  US PRESIDENT OBAMA: LOW RATES ASSISTING IN INCREASED REFINANCINGS; ADMINISTRATION IN PROCESS OF IMPLEMENTING FURTHER PHASES IN HOUSING PROGRAM

[10:11] {ese} q's headed down....perfectly formed rounded top

[10:11] {dino} qqqq s .90, stop .02

[10:11] {ese} according to the technical analysis boks i've read

[10:11] {ese} althought they are mostly wrong

[10:11] {vint} good morning all

[10:11] {ese} how that for contradiction

[10:12] {Threei}  vint :)

[10:13] {ese} vint

[10:13] {wulff} holding GE vad?

[10:13] {Threei} Short Setup: HIG  10 break if staying under 10.10

[10:13] {Threei}  GE took only half of my offer at 1:1

[10:14] {Threei}  still in second half

[10:14] {wulff} ok

[10:14] {Threei} Short Setup: WFC  .54 if stays under .65

[10:15] {Threei}  WFC HEARING FRIEDMAN BILLINGS MAKING CAUTIOUS COMMENTS

[10:15] {Threei}  thank you Friedman

[10:16] {Threei}  great timing

[10:17] {Threei}  grrr

[10:17] {Threei}  out

[10:17] {Threei}  shouldn't be too greedy still

[10:18] {dino} hrly drop

[10:18] {Threei}  AFFIRMS EXPLORATION OF STRATEGIC ALTERNATIVES

[10:20] {wulff} FAS hjolding .50 nicely

[10:21] {Threei}  GE over 1:1

[10:21] {wulff} weeee geeee

[10:24] {Threei}  GM EUROPE SALES CHIEF: DELIVERED 178K VEHICLES; ORDERS +42% Y/Y

[10:25] {fernp} wfc again Vad?

[10:26] {Threei}  chart looks right for short but kind of hard to nail entry

[10:26] {fernp} ok

[10:27] {Threei} Long Setup:  RIMM  .25 if stays above .10

[10:28] {ese} L ebay .91

[10:29] {Threei}  US HUD SECRETARY: EXPECT MORTGAGE RATES TO CONTINUE TO DROP - CNBC INTERVIEW

[10:29] {ese} out ebay .95 +.04 3000shs

[10:29] {Threei}  ese firmly in scalp type I camp now

[10:30] {magoo} es..u laser?

[10:30] {ese} vad strikes again.....it's the only way to play the market...thank you vad

[10:30] {ese} no ..questrade in toronto....lousy broker

[10:31] {magoo} so u made 120..whats commission on that rouind trip?

[10:31] {ese} 4.95 each way

[10:31] {dino} qqqq bstop to b/e

[10:32] {ese} what is it with laser?

[10:34] {Threei}  wulff, GE went to 1:2... you out?

[10:34] {wulff} yes .43

[10:34] {Threei}  :)

[10:34] {wulff} scalped

[10:35] {Threei}  IMF OFFICIAL: A VOTE ON SDR (SPECIAL DRAWING RIGHTS) ALLOCATION IS UNLIKELY TO OCCUR BY ITS SCHEDULED SPRING MEETING

[10:35] {dptl} bac?

[10:35] {dino} qqqqcov flat

[10:35] {dptl} ah broke

[10:35] {ese} mags you there

[10:35] {Threei}  grrr

[10:36] {Threei}  just thought of another RIMM entry, 62.80

[10:39] {magoo} if 63 holds..rimm setting p for a rip

[10:39] {magoo} WFC vad..read here?

[10:39] {magoo} oi like long

[10:39] {nemo} break .20?

[10:40] {Threei}  no read on WFC

[10:40] {wulff} RImm break too risky or?

[10:40] {Threei}  so far breaks didn't work on it

[10:41] {Threei}  didn't even trigger

[10:41] {Threei}  .25 is still a break trigger by the chart

[10:41] {Threei}  but I'd think pullback is more likely again

[10:41] {magoo} if holds 63..if mkt spikes up..then i like .20 trigger

[10:44] {ese} mags...what are the commisions with laser

[10:44] {wulff} there's your wfc vad

[10:44] {Threei}  now WFC is losing it

[10:44] {magoo} 5 per 1k in

[10:45] {magoo} plus trans fees

[10:45] {dino} onlines ed crushed again

[10:45] {magoo} only if you hit bid/offer

[10:45] {dino} apol wants 60 strike, esi at 100

[10:46] {dino} apol break of .75 s

[10:49] {dino} cb sm l .00, stop lod

[10:49] {dptl} we closed tomorrow right?

[10:49] {Threei}  yes

[10:50] {dptl} ty

[10:50] {dino} itg sm l .35

[10:50] {dino} stop .10

[10:50] {dino} dieeeeeeeeeee apol

06[10:50] * magoo slaps dptl around a bit with a large trout

[10:50] {dptl} oops :)

[10:51] {dino} bstop apol .03

[10:55] {dino} cov apol .35, +.40

[10:55] {dino} cb, trv waking up

[10:56] {dino} tooooo soooooooooon

[10:56] {Threei} Long Setup:  NFLX  .55 break if stays above .40

[10:58] {wulff} what;s the reasoning there? continuation?

[10:58] {Threei}  standard JBE setup, reinforced by big offer at ,55

[10:59] {dino} anything can (and lately will) happen

[11:02] {magoo} way fast

[11:02] {nemo} blew buy me

[11:03] {magoo} yeah..i was gonna hit .54

[11:03] {dptl} l .58

[11:03] {wulff} now I see

[11:04] {Threei}  for very scalpy types stop can be .45

[11:04] {Threei}  but we are at 1:1 even with original one

[11:05] {dino} chtt sm l .50

[11:05] {wulff} it looked to me like falling to .30 was just as easy ...or?

[11:05] {dptl} can't get fill at .70

[11:05] {Threei}  before triggering or after?

[11:05] {wulff} OK right

[11:06] {wulff} the key I have missed in my trading is triggers

[11:06] {dino} better than missing stops wuff

[11:06] {dptl} can't beleive this...didn't get my .70

[11:07] {dptl} you still in Vad?

[11:07] {Threei}  .68 - .69 was not good enough for you?

[11:07] {Threei}  half out .68

[11:07] {nemo} relativel thin sto dp

[11:07] {Threei}  stop under .50

[11:07] {nemo} sto=stock

[11:07] {dptl} yeah i guess...too greedy

[11:07] {Threei}  wulff... I have this impression you skipped on reading a bit... :)

[11:08] {tomg} ty nflx vad

[11:08] {Threei}  tom :)

[11:08] {magoo} i briefed him with necessary info vad

[11:08] {Threei}  trigger is one of the key elements of setup structure

[11:08] {Threei}  it's built on certain priinciples

[11:08] {Threei}  dfined by certain criteria

[11:09] {wulff} no I understand that.....I use it....but to comprehend it...

[11:09] {Threei}  there is reason why, while a stock let's say at .50, I name a trigger .55

[11:09] {Threei}  because from pure price p;oint of view it would seem logical to take it at cheaper price

[11:09] {Threei}  which would be very wrong

[11:09] {Threei}  somehow though this is the question I get quite often...

[11:10] {Threei}  why would you wait for highr price to enter if you can get in cheaper?

[11:10] {nemo} because the stock hasn't proved it's intention

[11:10] {nemo} as much as it can be proved...that is

[11:11] {Threei}  yes... and because trigger tends to do something for a stock

[11:11] {dptl} stopped

[11:11] {Threei}  like taking out that big offer injected enthusiasm

[11:11] {nemo} that big order at .55 was a roof

[11:11] {nemo} ufortunately, blew right passed my order @.56

[11:12] {nemo} slow fingers

[11:12] {pita} blew by mine at .57, how do you catch those?

[11:13] {nemo} hit an offer I guess

[11:13] {Threei}  hit buy as last shares at .55 were scrolling

[11:13] {nemo} did you market buy or specific offer?

[11:14] {Threei}  market on NFLX??

[11:14] {nemo} yes

[11:14] {Threei}  recipe for getting killed

[11:14] {nemo} that's what i thought, so I asked

[11:14] {nemo} thinking again

[11:15] {pita} how did you spot NFLX to begin with?

[11:15] {Threei}  scanner

[11:15] {Threei}  ok, this is funny:

[11:15] {Threei}  MACE

[11:15] {Threei}  SELLING TEXAS CAR WASH FOR $3.2M

[11:15] {magoo} thats a blast from past

[11:15] {Threei}  as long as I remember, this one had car washes and participated in national security,

[11:16] {Threei}  and made money by selling this or that car wash here and there

[11:16] {nemo} shoulda' had bigger stops in WFC, another one just heading down

[11:17] {nemo} Guess that means it will turn right here

[11:17] {dino} memories

[11:17] {dino} cb stop to .18

[11:17] {wulff} dumb question...but all or most of your trades come from triggers i guess

[11:18] {Threei}  sorry, not sure I understand

[11:18] {Threei}  trades don't come from triggers

[11:18] {Threei}  trades come from setups

[11:18] {wulff} I have some times said "buy here..."

[11:18] {Threei}  trigger is part of setup

[11:18] {wulff} instead of defing the trade.

[11:19] {wulff} parameters

[11:20] {wulff} if i chase a breakout, quick buy it....uppp tooo late

[11:21] {Threei}  ok, I have to ask

[11:21] {Threei}  TTR? MPP?

[11:21] {dino} in bears i wait, bulls i chase, careful wuff, not sure out of bear yet

[11:21] {wulff} yes yes

[11:22] {Threei}  okay... don't let it stay theory then

[11:22] {Threei}  apply

[11:22] {wulff} but I am saying to understand and to implement are different

[11:22] {Threei}  maybe re-read as a refreshment,

[11:22] {Threei}  it makes a world of difference when you read something, then paarticipate in action,

[11:22] {Threei}  then go back and reread with new experience under the belt

[11:23] {Threei}  often start seeing things that escalped on a first read

[11:23] {wulff} yes. rereading Douglas book, all new

[11:23] {Threei}  which of them?

[11:23] {wulff} second

[11:24] {Threei}  yup... I like it more than first

[11:24] {wulff} great read

[11:24] {nemo} Title please?

[11:24] {Threei}  trading in the zone

[11:25] {Threei}  http://www.realitytrader.com/books.html

[11:25] {nemo} ty

[11:25] {dptl} nflx..i turned winner into the looser...

06[11:25] * dptl slaps dptl around a bit with a large trout

[11:27] {Threei}  I did the same with WFC short earlier do... if it's any consolation :)

[11:27] {nemo} me too

[11:29] {dino} "zone" book, best thing i learned, anything can happen

[11:31] {dino} itg tear down that wall .50

[11:32] {dino} can't do it

[11:34] {ese} see u all in about an hour.....don't do anything rash while i'm gone

[11:34] {Threei}  quick everyone

[11:34] {Threei}  let's buy something while ese is away

[11:34] {dino} ok es

[11:35] {ese} too funny....awe schucks you guys

[11:36] {Threei}  TXT

[11:36] {Threei}  EXCHANGE HAS CONTACTED THE COMPANY GIVEN RECENT STOCK PRICE BEHAVIOR

[11:36] {Threei}  recipe for halt and investigation

[11:37] {dino} psys spike and back

[11:38] {dino} stay away

[11:38] {magoo} do not mention that word

[11:41] {pita} know when to fold 'em - later all, see you Monday

[11:41] {Threei}  FAZ is trying to break out of the range

[11:41] {Threei}  take care pita

[11:42] {nemo} F short below .15?

[11:42] {dino} have fun pita

[11:43] {Threei}  with stop above .20... why not

[11:44] {dptl} not available

[11:44] {nemo} not available bummer

[11:44] {Threei}  if went for FAZ break, look to get out or partial above .30

[11:45] {dino} itg stop to .39

[11:47] {nemo} RIMM break of .60?

[11:47] {nemo} 63 I meant

[11:48] {Threei}  nah

[11:49] {Threei}  NYSE CEO EXPECTS SEC TO FINALIZE SHORT SALE RULES IN 3 OR 4 MONTHS

[11:49] {dino} the speed at which these guys work, lol

[11:49] {Threei}  yeah, lol

[11:53] {dino} itg stopped +.05

[12:02] {Threei}  GM

[12:02] {Threei}  BONDHOLDERS MAY GET 10-20% IN GM STOCK - CNBC

[12:02] {Threei}  {F}

[12:03] {Threei}  and then wipe common in bankruptcy?

[12:03] {Threei}  I like the plan

[12:05] {Threei}  can't get into rythm today

[12:05] {Threei}  looked at WFC .65 break after it established itself above .50, couldn't get a feel for it

[12:06] {dino} wmt hl l .30

[12:07] {dino} stop is .98

[12:09] {vinod} look at SRS

[12:10] {Threei}  what am I looking for?

[12:11] {vinod} losed to 52/wk low again

[12:12] {Threei}  looks bouncy with .50 break

[12:12] {Threei}  just a scalp most likely

[12:12] {Threei}  if stays above .30

[12:13] {Threei}  invalidated

[12:13] {nemo} is SRE the long vinod?

[12:13] {Threei}  WFC

[12:13] {Threei}  maybe setting up for short again

[12:14] {vinod} no, but watching . i made good with it few time

[12:15] {Threei}  .90 break if stays below 18

[12:15] {dptl} in

[12:16] {vinod} in

[12:18] {Threei}  darn thing is going to shake us out again?

[12:20] {magoo} i like it long{sigh..hatye goin against ya}

[12:20] {Threei}  feel free

[12:21] {Threei}  like I said, can't get into rythm today

[12:21] {magoo} i took .85 when it was eaten up

[12:21] {vinod} stop out

[12:21] {magoo} was big resisistance

[12:21] {Threei}  not yet vinod

[12:21] {Threei}  18 still holding

[12:22] {vinod} still holding yes

[12:23] {magoo} out .97

[12:23] {magoo} ill reload

[12:23] {magoo} or short

[12:23] {magoo} or watch

[12:23] {Threei}  or drink

[12:23] {magoo} ah:)

[12:25] {dino} lorl

[12:26] {nemo} mmmmhhhh...is WFC turning into a JBE?

[12:26] {Threei}  yes

[12:27] {nemo} so cover @18 break and go long?

[12:27] {Threei}  cover yes

[12:27] {Threei}  long, I wouldn't

[12:27] {vinod} i have it 18.05 to cover still holding

[12:28] {nemo} I've got the spike @ 18.06

[12:28] {Threei}  this volume dry-up during consolidation doesn't instill confidence in long on break

[12:29] {nemo} like flossing with barbed wire this one

[12:30] {magoo} like using razor blades to swab ears

[12:30] {dino} pins and needles, needles and pins

[12:30] {dino} the happy man is the man that grins, honeymooners

[12:30] {nemo} 60 grit for tp

[12:31] {nemo} lubricant please, this is hurting

[12:31] {dino} gmcr

[12:32] {vinod} nemo some how i still have it you said spike @18.06

[12:32] {dptl} i am still in

[12:32] {dino} wow, judas priest on

[12:32] {nemo} @12:10 vinod

[12:33] {nemo} This is like a WWI trench battle....sheesh

[12:33] {nemo} stopped

[12:33] {dptl} ok stopped now

[12:33] {vinod} o.k i put order around that time to cover it

[12:33] {magoo} like using sandpaper as toilet paper

[12:34] {vinod} now i got stoped

[12:34] {nemo} here comes the volume, jusst had to break the logjam

[12:35] {vinod} fidelity is a quite different need to change broker

[12:37] {vinod} have a nice long weekend to all see you monday

[12:38] {Threei}  have a good one vinod

[12:38] {dino} isrg

[12:38] {dino} cya vin

[12:40] {dino} algt

[12:43] {magoo} sheesh..and that used to be magoo

[12:44] {Threei}  that?

[12:44] {magoo} the jfj kickout

[12:47] {Threei}  WFC, I couldn't be wrong more consistently on one stock throughout the day eh?

[12:47] {Threei}  but this guy is so correct, it's nauseating:

[12:47] {Threei}  WHITE HOUSE ECON ADVISOR SUMMERS: US ECONOMY IS STILL FACING "SUBSTANTIAL DOWNDRAFTS"

[12:48] {nemo} yeah but...

[12:48] {nemo} Feds Stern Says U.S. Recovery Should Not Be Too Far Off 

[12:57] {Threei}  sheesh... look at NFLX

[12:59] {Threei}  I really want to short WFC here but I have already been wrong on it 2 and half times

[13:00] {nemo} look at FAZ  bottoming?  FAS topping?

[13:00] {nemo} even Vinod's SRS looks like it's bottoming

[13:01] {Threei}  most liekly, yes

[13:01] {Threei}  .75 break on FAZ is a trigger

[13:01] {ese} just like a bad dream.......I have returned

[13:01] {Threei}  unlike bad dream, we are glad to see you

[13:02] {Threei}  well... at least we pretend well

[13:02] {Threei}  'cause as soon as I said it, I got three dcc screaming "what are you doing , now he will never leave"

[13:02] {ese} tks.....

[13:03] {Threei}  wait... all three were from magoo

[13:03] {Threei}  so consider it one dcc

[13:03] {Threei}  FAZ modified... entry off .60 with stop right under

[13:03] {Threei}  .66 will be trigger

[13:04] {ese} too funny

[13:04] {nemo} although got strengthe in ndx and spx

[13:04] {Threei}  lower odds of working, tighter stop

[13:05] {Threei}  FED'S HOENIG: FEW BANKS WILL NEED MORE INTERVENTION, BELIEVES NO BANK IS TOO BIG TO FAIL

[13:05] {Threei}  - Believes it is possible to unwind very large financial institutions.

[13:05] {Threei}  - Rejects the idea that large unstable banks need to be nationalized.

[13:05] {Threei}  why didn't we hear from him all this time

[13:05] {Threei}  invalidated

[13:06] {nemo} WFC building triangle again?

[13:06] {nemo} volume dropping off

[13:07] {Threei}  I don't know what to say about WFC

[13:07] {nemo} yeah, it's been lying to you

[13:08] {Threei}  BAC 8.50 break in retrospect...

[13:08] {Threei}  sigh

[13:09] {dptl} long from.08 wfc..half out .25 holding rest all the way to 19

06[13:09] * Threei slaps dptl around a bit with a large roll of cash

[13:09] {_jfjf64} hello all

[13:09] {dptl} yeah..more like trying to get back into green :)

[13:09] {ese} L DELL .95

[13:10] {Threei}  hi jfjf, welcome

[13:10] {Threei}  look at BAC go

[13:13] {dptl} out some more .65

[13:14] {dptl} stop under .40

[13:15] {ese} grrrrrrrrrrrr

06[13:16] * magoo slaps laserdave around a bit with a large trout

[13:18] {ese} man the guy just can't win.......

[13:18] {Threei}  believe it or not... but WFC is setting up short again, lol

[13:18] {Threei}  if stays under .70

[13:19] {Threei}  I'll try .60 breakdown

[13:19] {Threei}  and if I am wrong this time on it, I promise to never play it again

[13:20] {nemo} I'll watch

[13:20] {Threei}  till Monday at least

[13:20] {dptl} stop to under .50 

[13:21] {nemo} oh yeah, dp still long

[13:21] {dptl} yep

[13:21] {Threei}  sigh

[13:21] {dino} wmt stop to b/e stuck

[13:21] {dptl} offering 19.09

[13:22] {nemo} mean dp

[13:22] {nemo} RIMM blasted off

[13:24] {Threei}  DJI is up 200 points, but intraday part of it is just 60

[13:24] {nemo} volume on nas below average and S&P average up on Dow

[13:25] {Threei}  this makes sense

[13:25] {Threei}  since finanacials in in the center of attnetion today, and NASDAQ is light on those

[13:25] {dino} qsii

[13:27] {dptl} all out .46 wfc

[13:27] {Threei}  good job

[13:27] {dptl} ty

[13:30] {_jfjf64} nice read wfc

[13:31] {larisa} have a nice long weekend all :)

[13:31] {Threei}  take care larisa, have a good one

[13:33] {Threei}  frikin thing

[13:33] {Threei}  finally

[13:33] {Threei}  out .35

[13:33] {nemo} what what what

[13:33] {nemo} you shorted wfc?

[13:33] {Threei}  held 1 cent under the stop level

[13:34] {nemo} where'd you enter?

[13:34] {Threei}  I was already preparing all the swearing I know

[13:34] {Threei}  .59

[13:34] {nemo} cool

[13:34] {Threei}  [13:19] {Threei} I'll try .60 breakdown

[13:35] {nemo} memory of a moth

[13:35] {Threei}  welcome to the club

[13:35] {nemo} bacterium

[13:35] {Threei}  in case you didn't know but for some strange reason wanted to,

[13:35] {nemo} RIMM vad

[13:35] {nemo} missed

[13:35] {Threei}  fish has short term memory span 18 seconds

[13:36] {Threei}  what on RIMM?

[13:36] {nemo} short @ .40

[13:36] {Threei}  I see no decent setups

[13:36] {Threei}  naaah

[13:36] {Threei}  that's a recipe for shakeout on RIMM

[13:37] {Threei}  if you want more or less decently looking short on it, let it bounce,

[13:37] {Threei}  see if you can get it around .50

[13:37] {Threei}  and keep atop just above day high

[13:37] {Threei}  stop

[13:38] {Threei}  if it just breaks like this and continues lower, let it go

[13:38] {Threei}  this kind of "on the go" breaks will produce too high percentage of shakeouts

[13:42] {nemo} wfc if it breaks .30?

[13:42] {Threei}  let's see where it tops out on this bounce

[13:42] {Threei}  if stop is reasonable, yes

[13:42] {dino} wmt to .52

[13:44] {dino} to .60

[13:44] {ese} am outta here have a great long weekend all....

[13:44] {Threei}  take care ese, have a good one

[13:44] {dino} cya es

[13:45] {dino} make it .64

[13:46] {dino} to .68

[13:47] {dino} out wmt .69, +.39

[13:47] {nemo} bone for the dinosaur

[13:47] {Threei}  BAC...

[13:47] {nemo} break .00

[13:48] {Threei}  9 break if holding above .90 or so...

[13:48] {dptl} in

[13:48] {dino} lol nemo

[13:49] {nemo} you're having a pretty good day dino, you desrve it

[13:49] {magoo} in cab

[13:49] {magoo} bac

[13:50] {dino} just lucky bro

[13:50] {Threei}  watching RIMM for double top

[13:50] {nemo} yeah, you're lucky almost every day

[13:51] {Threei}  .50 break short if stays under .60

[13:52] {Threei}  BAC stalled for too long for my taste

[13:52] {nemo} out

[13:53] {Threei}  not out yet but moved stop to .98

[13:53] {Threei}  very stingy as dino says

[13:53] {nemo} oops

[13:53] {dino} :)

[13:54] {dino} sm l apol .00

[13:55] {magoo} in apol w/ding dong

[13:56] {nemo} what's a ding dong?

[13:56] {dino} nvec going for yesterdays gap?

[13:56] {nemo} Dino, I get it

[13:58] {magoo} out 9 bac

[13:58] {magoo} no ,like

[13:59] {_jfjf64} rimm?

[13:59] {Threei}  valid setup, IMO

[13:59] {Threei}  .50 break short, stop above .60

[14:00] {dino} qsii animal

[14:01] {dptl} in rimm

[14:02] {nemo} missed @.49

[14:03] {dptl} stopped bac

[14:04] {dptl} just can't stay up today

[14:04] {Threei}  ummm

[14:04] {nemo} bac?

[14:04] {dptl} me

[14:04] {dino} they have pills for that

[14:05] {dptl} lol

[14:05] {magoo} dino would know

[14:05] {nemo} lol

[14:05] {nemo} mags nice

[14:05] {Threei}  dino... I applied all thinkable efforts to let it go... but no, you just had to say it :)

[14:06] {dino} don't know why but had to do it

[14:06] {nemo} someone sticks their chin out like that gotta' give them the cross

[14:07] {Threei}  FED'S HOENIG: SEE ROOM TO REVISIT MARK TO MARKET ACCOUNTING ISSUES

[14:07] {nemo} stopped rimm

[14:08] {Threei}  that sharp 10 cents drop was all it could do

[14:08] {nemo} glad I stopped

[14:08] {dptl} stopped rimm

[14:08] {Threei}  some days you just have to go to sleep early

[14:08] {Threei}  look at BAC

[14:09] {dino} +300

[14:09] {dino} dji

[14:11] {nemo} rimm probably going to 64 close the gap

[14:14] {dino} apol stopped -.23

[14:17] {dino} nvec gap filled

[14:18] {dino} axys sm s ave .50

[14:18] {dino} nvec blood

[14:29] {dino} axys bstop is .86

[14:30] {Threei}  GM

[14:30] {Threei}  PREPARING NEW OFFER FOR BONDHOLDERS - WSJ CITES SOURCES

[14:30] {Threei}  offer of condolences?

[14:30] {Threei}  FED'S HOENIG: FED HAS TO ASK WHETHER IT IS FACING A "FALSE DAWN" - Q&A

[14:30] {Threei}  false dawn... that's new

[14:31] {nemo} poetic

[14:36] {dino} cb l .20

[14:36] {Threei}  USO

[14:36] {Threei}  spike into .80, now retreat to .60 area

[14:36] {Threei}  should be a scalp on a long side soon

[14:39] {dptl} .60?

[14:40] {magoo} .59

[14:40] {nemo} in or out mags?

[14:41] {Threei}  I kind of hoped to get it closer to .40... but with my tioday's timing...

[14:41] {magoo} in

[14:41] {dptl} in.61

[14:42] {dino} axys stopped

06[14:47] * Threei kicks USO in the rear

[14:47] {magoo} out .69 boss..lucky

[14:48] {Threei}  US GOVT ANNOUNCES PLANS TO REPORTEDLY PURCHASE IN EXCESS OF 17,500 FUEL EFFICIENT VEHICLES FROM GM, CHRYSLER, AND FORD BY JUNE 1

[14:49] {Threei}  sure thing

[14:49] {dino} they we plan to hire people to drive them

[14:49] {nemo} WFC just launched out of a JBE on the 5 minute chart

[14:49] {Threei}  while you are at it, why don't you purchase anything produced by any troubled company

[14:49] {dino} cb stop to .39

[14:50] {dino} well, nobody else buys those

[14:50] {Threei}  and just become major customer

[14:50] {Threei}  buy houses

[14:50] {Threei}  book airtickets

[14:50] {Threei}  book hotels

[14:50] {nemo} well they have...they gave the banks money so they don't have to sell the foreclosed homes

[14:51] {Threei}  oh, and btw, we are loading up on stocks here, will you purchase them from us at double prices?

[14:52] {dino} out cb .39, +.19

[14:52] {Threei}  NQ is locked in 10 points range from 10am

[14:52] {dino} itg l .65

[14:53] {Threei}  finally USO

[14:53] {Threei}  dp

[14:53] {Threei}  if you lose on this trade I am not speaking with you till Monday

[14:53] {magoo} vad thoughts last hour?

[14:53] {Threei}  and first 20 minutes of Monday

[14:54] {Threei}  mags... I am afraid you don't want to know my thoughts today

[14:54] {magoo} everyday

[14:54] {Threei}  I am not doing well in such tight ranges

[14:54] {Threei}  there is just no room for anything

06[14:55] * Threei slaps dptl around a bit with a large trout

[14:59] {dino} same here 3i, average down

[14:59] {Threei}  can you believe FAZ?

[14:59] {dptl} oh ..am out +.10 uso ty

[14:59] {nemo} cross on Tuesday

[14:59] {Threei}  lol

[14:59] {Threei}  good morning dp

[15:00] {Threei}  why Tuesday?

[15:00] {nemo} why not?

[15:00] {Threei}  well, we have Monday

[15:00] {Threei}  and Wed

[15:00] {nemo} pullback on financials Monday

[15:00] {Threei}  how did you pick Tuesday?

[15:00] {nemo} day after Monday

[15:00] {Threei}  ok... makes sense

[15:00] {dino} out itg +.11

[15:01] {nemo} that means it'll be Wednesday

[15:02] {Threei}  I would think, FAZ has a room to about 13

[15:02] {Threei}  finding entry on it is not a small feat

[15:06] {fernp} I go out for dinner with the family. Have a great and nice weekend all

[15:06] {fernp} see you on monday

[15:06] {Threei}  have a great one fern

[15:06] {nemo} P&Q

[15:07] {dino} later fernp

[15:07] {Threei}  cnaging my mind

[15:07] {Threei}  FAZ goes further down, WFC breaks 19 and goes up

[15:07] {Threei}  just don't trade on any of that

[15:07] {nemo} that's what I was thinking...oh oh

[15:08] {nemo} I was thinking that too

[15:08] {dptl} why not?

[15:08] {Threei}  or do

[15:08] {Threei}  here comes FAZ breakdown

[15:08] {nemo} BAC

[15:09] {Threei}  FITCH: INCLUSION OF LIFE INSURERS IN TARP PROGRAM IS A POSITIVE FOR FINANCIAL STRENGTH

[15:09] {Threei}  {MET PRU GNW}

[15:10] {Threei}  if you shorted FAZ, 1:1 is here

[15:10] {dptl} l wfc

[15:12] {nemo} oops, guess break of 19 was too obvious

[15:12] {Threei}  so were all its previous breaks

[15:12] {dptl} stopped............i well that would be it...can't loose anymore

[15:13] {nemo} yeah I'm limit down today

[15:13] {Threei}  you skip all winning trades or what?

[15:13] {Threei}  it's not like they all stops

[15:13] {dptl} me?

[15:14] {Threei}  no

[15:14] {nemo} no me...I picked the wrong ones and entered that WFC short late and got caught

[15:18] {Threei}  jeez F'AZ

[15:20] {vint} vad- when mkt gaps up or down significantly..looks like fewer set ups for daytrades

[15:20] {dino} indeed vin

[15:20] {Threei}  most often that's the case

[15:21] {dino} gap up opens and stays are my toughest days

[15:22] {vint} hopfully swing traders are happy on such days at least

[15:24] {Threei}  look at the ranges

[15:24] {Threei}  NQ 10 points whole day

[15:24] {dino} cb l .20

[15:24] {Threei}  DJI about 40

[15:25] {vint} right..it is very narrow one

[15:26] {dino} out .35, +.15

[15:30] {dino} chtt l .27

[15:35] {magoo} rsy'pkstrkkk'

[15:35] {magoo} BAC

[15:35] {magoo} BAC

[15:35] {magoo} huge 

[15:35] {magoo} WFC

[15:35] {magoo} WFC

[15:35] {Threei}  massive squeze on whole sector

[15:36] {nemo} shorts getting out on Friday

[15:36] {magoo} BAC 10 coming

[15:36] {magoo} !)

[15:36] {magoo} 10

[15:36] {magoo} j,AD,bznk,

[15:37] {Threei}  drinking alerady mags?

[15:37] {nemo} Interesting....WFC preannounced...why...other banks gonna' have bad quarters?

[15:37] {magoo} iu got so soooomany onnnnnnnnnnnnnnlkhsfHLK

[15:38] {nemo} RIMM bolted too

[15:39] {dino} chaos

[15:39] {magoo} C

[15:39] {magoo} C

[15:39] {vint} FAZ will be penny stock or what? 35% dn,FAS 35% up

[15:40] {magoo} huge imbalances tp BUY WFC BACy

[15:40] {magoo} BAC

[15:41] {dino} ge l .50

[15:43] {Threei}  in FAZ .54 for a scalp

[15:44] {Threei}  half out .61

[15:44] {nemo} dodging bullets

[15:44] {Threei}  out balance... wash

[15:45] {Threei}  lol... real chaos

[15:47] {Threei}  in .37

[15:47] {Threei}  out .54

[15:47] {Threei}  this is not even funny... can't type fast enough

[15:47] {dino} cb .99 l

[15:50] {dino} out cb .23, +.23

[15:50] {Threei}  FAZ, nemo... still thinking Tuesday?? :)

[15:50] {magoo} me either type 

[15:50] {nemo} yeah

[15:52] {dino} out chtt .33, +.06

[15:52] {Threei}  heck, at sch rate if had 1 more hoyur today, we wouldn't even have to wait till Monday for them to meet

[15:52] {magoo} ahhhhhhhhhhhhhhhhhhhhh

[15:52] {magoo} GSSSSSSSSSSSSSSSS

[15:52] {Threei}  look at this bloody murder

[15:54] {Threei}  a few FAZ scalps on bounces took to green

[15:54] {Threei}  but jeez

[15:54] {dino} itg .20 l

[15:55] {magoo} i in out GS BAC WFC like a million times'

[15:55] {dino} out .22, +.02

[15:55] {dino} bad entry

[15:56] {nemo} gnite guys

[15:58] {Threei}  can you believe this?

[15:58] {Threei}  undr 10.50

[15:59] {Threei}  less than 1 dollar between FAS and FAZ now

[15:59] {Threei}  oops sorry

[15:59] {Threei}  looked at BAC instead of FAS

[16:00] {Threei}  less than 2

[16:00] {dptl} have a good weekend all

[16:00] {Threei}  thank you all

[16:00] {Threei}  have a great relaxing long weekend

[16:00] {Threei}  see you all on Monday

[16:00] {magoo} SORRTY everyone

[16:01] {magoo} i recognized that

[16:01] {magoo} and tyried to alert u

[16:01] {vint} thanks Vad, good week end all

[16:01] {magoo} but hey...i did like 60k shares in hour

[16:01] {dino} busy last hour

[16:01] {dino} happy holidays all