Apr 17 2009

Slow and borning day. Profitable overall, with nice scalps here and there, couple small stops and couple nice plays like STSI. 

  

Session Time: Fri Apr 17 00:00:00 2009

[07:54] {Threei}  Good morning sleepless souls

[07:56] {Threei}  sleepless in, let's see... Germany, Vancouver, Boston... sorry tom, forgot your hometown... dee?

[07:58] {fernp} Hello from sevilla - Spain 

[07:58] {Threei}  fern :)

[07:58] {Threei}  I got it... the rest connects without waking up

[07:59] {Threei}  DRUS

[07:59] {Threei}  OPPENHEIMER RAISED DRYS TO OUTPERFORM FROM MARKET PERFORM, PRICE TARGET: $8

[07:59] {Threei}  DRYS

[08:00] {Threei}  that's after yesterday's after hourts:

[08:00] {Threei}  [16:07] {Threei} DRYS

[08:00] {Threei}  [16:07] {Threei} ANNOUNCES COMPLETION OF THE "ATM" EQUITY OFFERING

[08:00] {Threei}  [16:07] {Threei} - The company announced today the completion of the ATM Equity Offering(SM) in which the Company raised gross proceeds of approximately $500 million since commencing the offering pursuant to the prospectus supplement filed on January 28, 2009.

[08:02] {Threei}  C is so darn complicated

[08:03] {Threei}  [C] Citigroup Inc Reports Q1 -$0.18 v -$0.34e, R $24.8B v $21.9Be

[08:03] {Threei}  - Q1 includes $7.3B in net credit losses

[08:03] {Threei}  - Does not plan to suspend distributions on preferred shares

[08:03] {Threei}  and a hwole bunch of other numbers

[08:03] {Threei}  plus incredibly confusing case with this:

[08:03] {Threei}  timing of exchange offers

[08:03] {Threei}  - Continues to finalize definitive documentation with the U.S. government regarding the governments previously announced commitment to exchange a portion of its preferred shares with an aggregate liquidation value of up to $25B for interim securities and warrants.

[08:03] {Threei}  - Citi is also working to complete the customary SEC review process with respect to the public exchange offers announced on February 27. Although significant progress has been made on these matters, the process is not yet complete.

[08:03] {Threei}  - Given the now anticipated proximity of the announcement of stress test results by the U.S. government, the proposed exchange offer will not be launched until the conclusion of the industry stress tests.

[08:13] {Threei}  Larisa... don't even

[08:13] {larisa} what, day of no "good mornings" ?

[08:14] {Threei}  good morning of course :)

[08:14] {Threei}  that was pre-emptive strike

[08:14] {larisa} gm :)

[08:14] {Threei}  who knows what you had in mind

[08:14] {Threei}  esp[ecially when you are winning a bet

[08:15] {Threei}  better to be on alert, and strike first

[08:15] {larisa} lol

[08:16] {cosmo} hmmm....the stress must be getting to him

[08:17] {Threei}  stress?

[08:17] {cosmo} all the tests

[08:17] {Threei}  me is stress-free

[08:18] {cosmo} ah ... ic

[08:18] {cosmo} now i got it

[08:18] {Threei}  one thing I fret about is "will the bacon come out right this morning?"

[08:18] {cosmo} and what does that look like?

[08:19] {cosmo} no winkels?

[08:19] {cosmo} wrinkels

[08:19] {cosmo} wrinkles...

[08:19] {Threei}  it's a complicated combination of crispiness and juiciness

[08:20] {Threei}  crunchy but not burned

[08:20] {Threei}  takes skill

[08:20] {cosmo} iron stomach

[08:20] {tomg} good morning all from Tennessee :)

[08:20] {Threei}  tom :)

[08:20] {Threei}  FED'S FISHER: REITERATES THAT THE FED IS CONSIDERING EXPANDING THE TALF

[08:21] {Threei}  we haven't spent enough money yet I guess

[08:21] {cosmo} talf?

[08:21] {Threei}  who cares... acronyms for the ways to throw money around grow by hour now

[08:22] {Threei}  TARP, TALF, SofTARP

[08:22] {cosmo} omg

[08:22] {Threei}  BALTIC DRY BULK INDEX +4.9%, FIFTH CONSECUTIVE GAIN

[08:25] {Threei}  GE

[08:25] {Threei}  PROFITABLE'' FINANCE ORIGINATIONS TO ACCELERATE FROM 2Q - CONF CALL

[08:25] {cosmo} so... a soft tarp makes hit easier to hit bottom?

[08:25] {Threei}  they think so

[08:25] {Threei}  I disagree

[08:25] {cosmo} me too

[08:25] {Threei}  I don't like hitting the bottom for years

[08:26] {vinod} good morning

[08:26] {cosmo} you want to stres it out?

[08:26] {cosmo} streatch

[08:26] {Threei}  vinod :)

[08:26] {Threei}  try again?

[08:26] {cosmo} stretch?

[08:27] {Threei}  just opposite

[08:27] {Threei}  I prefer acute but short pain

[08:27] {Threei}  04/17/09 06:30am

[08:27] {Threei}  [GE] General Electric Co Reports Q1 $0.26 v $0.21e, R $38.41B v $39.8Be; Order backlogs steady

[08:27] {Threei}  - Q1 Total Order backlog $171B v $172B q/q

[08:27] {Threei}  - Q1 Energy Infrastructure Rev $8.24B v $11.4B q/q

[08:27] {Threei}  - Q1 Tech Infrastructure Rev $10.4B v $12.6B q/q

[08:27] {Threei}  - Q1 GE Capital Finance Rev $13.1B v $14.8B q/q

[08:27] {Threei}  - Q1 NBC Universal Rev $3.52B v $4.43B q/q

[08:27] {Threei}  - Q1 Industrial Sales Rev $2.22B v $31.8B q/q

[08:27] {Threei}  - CEO Immelt: Estimated stress-test results showed that we do not need to raise additional capital even in the Feds adverse-case scenario.

[08:27] {Threei}  - Capital Finance earned $1.1B in the quarter and remains on track to be profitable for the full year

[08:27] {Threei}  - Revenues and profitability declined year-over-year in our financial services business and we continue to experience rising delinquencies

[08:31] {pita} gm everyone

[08:32] {Threei}  pita :)

[08:32] {Threei}  C CFO: Q1 STRONGEST QUARTER IN OVER ONE YEAR -CONF CALL

[08:35] {Threei}  OPERATING PROFITS CONTINUE TO RISE DESPITE ASSET VALUE FALLS -CONF CALL

[08:35] {Threei}  - Expenses were down 23% y/y in Q1

[08:35] {Threei}  - Credit costs rose by $4.4B

[08:38] {ese} i think i'm in.........

[08:38] {nemo} ese!!!

[08:38] {Threei}  you sure are

[08:39] {ese} another day of repreive........it has taken over a week for the royal bank to get me my visa card....it's still not here....

[08:40] {ese} hey nemo

[08:41] {nemo} yo ese

[08:41] {Threei}  you still have any DRYS ese?

[08:41] {ese} no........

[08:41] {ese} just playing in and out

[08:42] {ese} made about 5000 a week or so back and have been just in and out since

[08:44] {ese} whats it up to vad...drys that is

[08:44] {nemo} 6.22

[08:44] {ese} sorry ...news wise?

[08:45] {Threei}  [07:59] {Alert} Threei OPPENHEIMER RAISED DRYS TO OUTPERFORM FROM MARKET PERFORM, PRICE TARGET: $8

[08:45] {Threei}  [07:59] {Alert} Threei DRYS

[08:45] {ese} ahhhhhh nice

[08:45] {Threei}  [08:00] {Alert} Threei that's after yesterday's after hourts:

[08:45] {Threei}  [08:00] {Alert} Threei [16:07] {Threei} DRYS

[08:45] {Threei}  [08:00] {Alert} Threei [16:07] {Threei} ANNOUNCES COMPLETION OF THE "ATM" EQUITY OFFERING

[08:45] {Threei}  [08:00] {Alert} Threei [16:07] {Threei} - The company announced today the completion of the ATM Equity Offering(SM) in which the Company raised gross proceeds of approximately $500 million since commencing the offering pursuant to the prospectus supplement filed on January 28, 2009.

[08:45] {ese} should be in play a bit today then.....

[08:51] {Threei}  what's with BCON

[08:55] {dptl} good morning

[08:56] {Threei}  dp :)

[08:56] {ese} ddddddpppppp!!!!!

[08:56] {dptl} :)

[09:00] {dino} gm all

[09:01] {Threei}  dino :)

[09:02] {ese} top of the morn to ya dino

[09:03] {ese} or if you were drinkin last night ...bottom of the morn

[09:06] {dino} lol i am fine

[09:07] {ese} everythings been going up steadily since Mar 09......gotta figure at some point?????

[09:08] {dino} feeling the same es

[09:08] {dino} lots of gaps below

[09:08] {ese} kinda waitin for it.....want to practise shorting

[09:09] {ese} small lots

[09:09] {dino} s/p 1st 825, 811, 768

[09:09] {dino} ndx 1251, 1187, 1043

[09:09] {dino} dji 775 7273, 6547

[09:09] {magoo} ;lrsgkpkrgJKO:SR

[09:10] {Threei}  magoevsky :)

[09:10] {ese} cool language mags.......good morning to you as well

[09:12] {ese} tons of gaps on the NDX dino ...jumpin

[09:12] {patience} good morning RT  :)

[09:13] {ese} morning patience

[09:13] {dino} ire pain 

[09:13] {Threei}  patience :)

[09:14] {dino} ndx, see above es

[09:15] {magoo} man goog hit 410 afterhrs, then retreated to 380

[09:15] {ese} ya checked them out....was just making note of your post

[09:16] {ese} do you play goog mags......that would scare the begeeesus out of me

[09:16] {magoo} occassionally...very dangerous

[09:17] {Threei}  magooski, admin asked to ask you to check your e-mail

[09:17] {magoo} already did it vad

[09:18] {Threei}  cool... I hope he didn't send you viagra spam

[09:18] {magoo} u can buy viagra now in a spam lunch meat..cool?

[09:19] {magoo} oh oh..today expirations

[09:20] {cosmo} DRYS seems to hold 6.15   ...for now

[09:20] {ese} Vad....could check out fas pre market .....does that look like a low to you

[09:20] {dino} i'd better warn your wife

[09:21] {dino} magoo likes his spam

[09:23] {Threei}  don't know ese... a lot of things in play here, with C and GE reports

[09:23] {Threei}  let's see what happens after open and wait for setups

[09:23] {cosmo} and more spam

[09:24] {dino} bti

[09:24] {dino} 5 day wicked

[09:25] {cosmo} DRYS pre mkt high (spike) = 6.44 fyi

[09:27] {dino} icui

[09:29] {Threei}  04/17/09 08:30am

[09:29] {Threei}  [PCYC] Pharmacyclics Inc Announces Global Strategic Alliance with Les Laboratoires Servier

[09:29] {Threei}  - The alliance will focus on the research, development, and commercialization of Pharmacyclics'' PCI-24781, an orally active, novel, small molecule inhibitor of Pan HDAC enzymes, that is currently in Phase I/II clinical trials in the United States and being developed for the treatment of solid tumors and hematologic malignancies. Pharmacyclics expects that this alliance will enable it to aggressively pursue its goal of developing and commercializing its innovative anti-cancer Pan HDAC inhibitor agents.

[09:30] {Threei}  Pharmacyclics will receive from Servier upfront payments totaling $11M on signing the contract and an additional guaranteed $4M for research collaboration over a 24 month period, paid in equal increments every 6 months with the initial payment due October 1, 2009. Servier will pay for all development costs outside the United States.

[09:30] {Threei}  - In addition Pharmacyclics will receive $24.5M based on the achievement of certain milestones up to and including commercialization.

[09:31] {ese} in and out of ORCL .01 in out .17 6 lots

[09:32] {ese} +.16

[09:32] {Threei} Long Setup:  STSI  5 break

[09:32] {nemo} small shares?

[09:32] {ese} yes

[09:33] {ese} small liquidity nemo

[09:33] {nemo} wow look at tht inet offer

[09:35] {Threei} Long Setup:  GE  .95 if holding .85

[09:37] {dptl} in stsi

[09:38] {magoo} in stsi

[09:38] {dptl} stop .94?

[09:39] {Threei}  half out .10

[09:40] {dptl} half out ty

[09:40] {ese} watching drys for pullback

[09:42] {ese} dino if you get a chance SOHU

[09:43] {dino} on it

[09:43] {Threei}  wow DRYS

[09:43] {Threei}  come on, give us a pullback

[09:43] {ese} indeed

[09:43] {dino} 45 strike

[09:44] {dino} the china plays really move

[09:44] {Threei}  GE

[09:44] {Threei}  EXEC: DO NOT EXPECT GE CAPITAL TO BE SUBJECT TO GOVERNMENT STRESS TESTING - CONF CALL Q&A

[09:44] {dino} 45 too much tho, 

[09:44] {ese} for sohu dino?

[09:46] {Threei}  stop is just under 5 for those who hold balance of STSI

[09:47] {ese} l drys .34

[09:47] {dino} y es

[09:47] {dino} too much, i wait small 46.51

[09:49] {dino} egg shell markets today

[09:49] {nemo} Wile E.  off the cliff...looking down?

[09:50] {ese} l drys again avg .37

[09:50] {cosmo} 6.44 hod drys

[09:51] {dino} isrg show again

[09:53] {dino} sm s icui .09

[09:53] {Threei}  F

[09:53] {Threei}  UPDATE: PRICE TARGET RAISED TO $3 FROM $1 AT CREDIT SUISSE,

[09:53] {Threei}  question: what's wrong with this picture?

[09:53] {wulff} GE

[09:54] {dino} ahh, its at 4

[09:54] {Threei}  do these guys have any slightest touch with common sense?

[09:54] {magoo} out .14 here TY vad

[09:54] {ese} l drys avg .33

[09:54] {Threei}  STSI mags?

[09:54] {magoo} yup

[09:54] {Threei}  k

[09:54] {magoo} FL

[09:54] {dino} sohu to "sell" db

[09:55] {ese} don't try this at home....

[09:55] {Threei}  APR PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 61.9 V 58.5E

[09:55] {Threei}  no, seriously

[09:55] {Threei}  you had target $1

[09:55] {Threei}  stock hits 4

[09:55] {Threei}  you don't say sell?

[09:56] {Threei}  OK, let's assume you change your mind,

[09:56] {Threei}  and now think it goes higher, in which case you don't issue sell recomendation,

[09:56] {Threei}  but how can you assign target $3 to a stock that trades at $4?

[09:56] {Threei}  doesn't it mean sell by default?

[09:56] {dino} icui tighten to .36 mkt not helping

[09:57] {Threei}  offering 1/4 more STSI .18

[09:57] {cosmo} advise for F shorters?

[09:57] {dptl} me .19

[09:58] {Threei}  thank you for not going to .17999

[09:58] {dptl} :) was just thinking about it

[09:58] {dino} cov icui .60, +.49

[09:59] {dptl} you using arca Vad?

[09:59] {Threei}  no

[10:00] {dptl} where are you then?

[10:00] {Threei}  DNDN??

[10:00] {dino} he's here

[10:00] {Threei}  HEARING SHARES TICKING HIGHER ON RUMORS OF JV WITH MAJOR PHARAM

[10:00] {Threei}  rumor...

[10:00] {Threei}  I am hidden in the trenches

[10:01] {Threei}  - Hearing the name LLY mentioned in relation to rumors{LLY}

[10:01] {dptl} sneaky :)

[10:01] {Threei}  my middle name

[10:01] {nemo} I thought it was Illych

[10:03] {ese} out drys .45 +.12 4 lots

[10:03] {dptl} out .19 some

[10:04] {dino} heck of a name 3i lilly vad

[10:05] {dino} vivo l .34, stop .23

[10:05] {Threei}  last portion offering at .35, stop is under .10

[10:07] {wulff} WFC +.32

[10:07] {Threei}  wtg

[10:07] {wulff} probably has more in it

[10:08] {Threei}  DNDN... squeeze

[10:09] {ese} dino ...you calling vad a lilly....

[10:09] {wulff} DRYS is probably feeling the squeeze too

[10:09] {dino} his name i guess

[10:10] {Threei}  what's happening today?

[10:10] {Threei}  you guys are all drunk?

[10:11] {magoo} i am

[10:11] {pita} already?

[10:11] {magoo} got in late

[10:12] {dino} bit whippy

[10:12] {ese} thats what it says in your book to do....doesn't it?   Drink heavily before trading to even out pain and euphoria.....in order to keep a level head????

[10:12] {ese} or did I get that wrong

[10:12] {dino} he left my deck at 7, but who knows if he went home

[10:13] {ese} too funny

[10:13] {Threei}  that's mostly right ese

[10:14] {ese} you people are a hoot!!!!

[10:14] {dino} call it "trading for drunks"

[10:14] {ese} great title!!!!!  I think that would sell

[10:16] {ese} got a read on sohu yet dino.....

[10:17] {dino} yeah sm l .30 imo

[10:17] {Threei}  WFC, watching for pullback closer to .40 for entry

[10:17] {Threei}  if market spikes, WFC cxan turn into .60 break long if holding above .50

[10:18] {ese} hmmmmm then i missed the boat on sohu

[10:18] {nemo} in

[10:18] {dptl} in wfc

[10:19] {ese} long fas .98

[10:19] {dino} not hitting my .30 bid either, perhaps .50

[10:20] {ese} that was a crappy fill thought I had market at .94/95

[10:21] {ese} daaaaaaaaa instead of 4/5 cents profit i'm even

[10:21] {Threei}  that's cheap commissions fore you

[10:21] {ese} no kidding eh

[10:22] {dino} gut says down big

[10:24] {dino} icui s sm .06

[10:25] {nemo} stopped

[10:25] {fernp} I hate WFC

[10:25] {dptl} stopped

[10:25] {dino} cski

[10:25] {_jfjf64} ditto

[10:25] {wulff} I love WFC

[10:26] {Threei}  {WFC} I am confused

[10:26] {nemo} why?

[10:26] {ese} close to being stopped on fas...daaaaaaaaa!!!!!

[10:26] {nemo} I'm having a hard time feeling bad for you ese

[10:27] {ese} stopped....%$##$@%$ -.14

[10:28] {wulff} you know a bounce is coming now ese

[10:28] {ese} oh ya oh ya nemo....welllllll......your mother wears army boots....take that

[10:29] {ese} or was that my mother hmmmmmmm

[10:29] {Threei}  ok... ya'll are drunk

[10:29] {nemo} my mother is dead

[10:29] {ese} oppps apologies

[10:30] {nemo} she never wore socks...feet stank

[10:30] {nemo} then she'd make me rub them...oy

[10:30] {ese} .............

[10:30] {Threei}  I feel requests to edit log coming

[10:30] {ese} ok you win the out do contest    hands down

[10:31] {dino} shld giving some back

[10:31] {Threei}  that's additional workload for me...

[10:32] {magoo} C crushed here

[10:32] {magoo} real violent move

[10:32] {dino} lod

[10:33] {dino} icui spiked, stopped -.30

[10:33] {dino} that sohu holds well imo es

[10:34] {Threei}  watching FAZ for entry on pullback

[10:34] {dino} whew good stop icui

[10:34] {Threei}  roughly .55

[10:37] {dino} vivo stop to .38

[10:38] {nemo} quintuple bottom coming in FAS from yesterday

[10:38] {nemo} hell almost 4 this morning

[10:40] {Threei}  canceling .35 offer on STSI

[10:40] {Threei}  if this thing can take that .25 offer, I want more

[10:41] {nemo} would that be another entry point?

[10:41] {Threei}  .25 break obviously, but risk is way higher

[10:41] {nemo} fuggedabowdit then

[10:42] {_jfjf64} faz?

[10:43] {Threei}  botomed at .57 with no realistic chance of executing

[10:43] {Threei}  not sure

[10:43] {Threei}  waiting for somerthing more clear

[10:43] {_jfjf64} k

[10:44] {dino} sohu l .55

[10:45] {dino} titn l .76

[10:52] {dino} vivo stopped +.04

[10:52] {Threei}  strangely narrow range for the day that promised to be all fireworks

[10:52] {Threei}  less thatn 15 points NQ range

[10:54] {dino} lps

[10:55] {nemo} expectations again

[10:55] {nemo} So, do we get the Plunge Protection Team or Plunge Production Team

[10:56] {dino} cyt, lps, scor

[10:56] {Threei}  WFC forms something of C&H kind

[10:56] {Threei}  with .75 being break point

[10:57] {Threei}  DNDN...

[10:57] {Threei}  grr

[10:58] {dptl} stop would be under .60 if breaks wfc?

[10:58] {Threei}  yeah

[10:59] {Threei}  I would prefer to try aggresive

[10:59] {Threei}  .70 break

[10:59] {dptl} ok ty

[10:59] {dino} scor l .01

[10:59] {nemo} fas break above .90?

[10:59] {nemo} oops nevermind

[11:01] {dino} sohu stopped -.25

[11:03] {Threei}  any gamblers here}

[11:03] {Threei}  ?

[11:03] {Threei}  DNDN ,40 break for you... if holding above .25

[11:04] {dptl} valid?

[11:04] {Threei}  barely

[11:04] {nemo} that's encouraging

[11:05] {dptl} :)

[11:05] {Threei}  are you on my gambling list?

[11:05] {Threei}  oh... yes

[11:05] {dino} nile

[11:05] {magoo} in .39

[11:05] {Threei}  who would have doubt

[11:05] {Threei}  magoo is director of that list

[11:05] {dptl} in

[11:08] {dptl} stopped

[11:09] {dino} intc l .50

[11:13] {dptl} wfc?

[11:13] {Threei}  no idea

[11:13] {Threei}  mess of a chart

[11:19] {ese} signing off everyone....have a great weekend

[11:19] {magoo} u 2 

[11:19] {nemo} P&Q ese

[11:19] {Threei}  have a good one ese

[11:21] {magoo} DNDN a nasty f'er

[11:21] {nemo} follower? :)

[11:23] {Threei}  SWEDISH COURT HAS FOUND THE OPERATORS OF FILE SHARING SITE THE PIRATE BAY GUILTY OF COPYRIGHT INFRINGEMENT

[11:23] {Threei}  troubles for torrents

[11:24] {vint} good morning (late) all

[11:24] {Threei}  vint :)

[11:24] {magoo} WFC .80

[11:26] {magoo} may do 20 again

[11:26] {dino}  zzzzzzzzzzzzzzzzzzzzzzzz

06[11:27] * magoo slaps dino around a bit with a large trout

[11:27] {dino} bkc l .50

[11:27] {magoo} RF on the move again

[11:30] {_robert} C?

[11:31] {Threei}  ZI'll stay away from C, it's beyond complicated

[11:31] {_robert} ok

[11:32] {magoo} [11:25] {magoo} WFC .80

[11:32] {magoo} waiting .97

[11:32] {magoo} kickin it

[11:33] {magoo} out .96..

[11:33] {magoo} to close to miss exit

[11:33] {magoo} ty vad

[11:33] {Threei}  hmmm... okay... you are welcome

[11:33] {Threei}  frikin DNDN

[11:34] {pita} roger that

[11:34] {dptl} :)

[11:35] {Threei}  DRYS new high

[11:37] {magoo} [11:27] {magoo} may do 20 again

[11:37] {magoo} 2 days i took heat off ya boss

[11:37] {Threei}  {--- happily retiring leaving magoo in charge

[11:38] {magoo} really??ok room ..lets rock -n-roll

[11:38] {Threei}  {--- quietly fades away

[11:38] {Threei}  {--- uncorks fresh bottle of Glenglivet

[11:39] {nemo} bad typing or are you on your 2nd bottle already?

[11:40] {Threei}  as if I needed any drinking to mistype things

[11:40] {dino} scor stop to .20

[11:41] {dino} out scor slipped ave .18, +.17

[11:43] {dptl} Vad, are you gonna get some more on .25 brak stsi?

[11:43] {dino} no drinking until 9

[11:44] {Threei}  nah, I have last 500 shares, will just try to get something worthy out of them

[11:44] {dino} sohu last try l .39

[11:44] {Threei}  .15 - .25 is a valid setup

[11:45] {Threei}  kind of discretionary because of previous move, but tempting because of huge size on the offer

[11:45] {Threei}  so, you likey - you takie

[11:45] {dptl} ok ty,i'll try to get in again if it's breaks

[11:46] {Threei}  sure, I'll just add you to gamblers list for second time

[11:46] {Threei}  you'll be twice gambler

[11:46] {dptl} :)

[11:46] {Threei}  which is still nothing comparing to magoo's record

[11:46] {nemo} no, he cemented that w/GOOG last night

[11:47] {Threei}  for like 128th time

[11:47] {nemo} that would be 32 years worth of GOOG quarterly reports

[11:47] {Threei}  heh

[11:47] {magoo} did i mention i live for those earningsseason?

[11:47] {Threei}  look at this

[11:48] {Threei}  (US) EPA NOTES THAT IT PLANS TO MOVE AHEAD ON REGULATING CARBON DIOXIDE AS A HEALTH AND ENVIRONMENTAL RISK - UPDATE

[11:48] {Threei}  - Note that the EPA has declared its authority to hold polluters accountable under the Clean Air Act. The decision, ordered by the Supreme Court in 2007 and based upon years of scientific research and analysis, has the potential to significantly alter energy politics and policy.

[11:48] {dino} thought you lived for food

[11:48] {Threei}  - Please also note these recent headlines:

[11:48] {Threei}  - 4/8 White House: Pres Obama is flexible on auctioning process of emissions permits in climate bill

[11:48] {Threei}  - 3/31 US House climate change bill includes rebates and possible trade protections for industry, which could include 2B tons of annual maximum carbon offsets for industry.

[11:48] {Threei}  - 3/17 DoE's Chu: US should levy tariffs on CO2 to protect competition.

[11:48] {Threei}  - 3/5 House Majority Leader Hoyer (D): Congress may pass a climate-change bill by late May.

[11:48] {Threei}  - 2/22 US climate czar Carol Browner: EPA will soon determine that carbon dioxide emissions represent a danger to the public and propose new rules to regulate emissions of carbon-dioxide from a range of industries.

[11:48] {magoo} craving chili dogs BADDDDD

[11:48] {nemo} that mean we can't exhale anymore

[11:48] {magoo} and dino refuses

[11:49] {dino} isrg hits yesterday high

[11:49] {Threei}  US should levy tariffs on CO2 to protect competition?

[11:51] {magoo} WFC WFC

[11:51] {wulff} hope you guys took WFC, i was away

[11:51] {magoo} out .30

[11:52] {magoo} ty vad

[11:57] {dino} out sohu .51, +.12

[11:58] {dptl} in.25 stsi

[12:01] {pita} have a good weekend everyone

[12:01] {Threei}  take care pita, have a good one

[12:03] {dino} out titn .88, _.12

[12:04] {dino} +

[12:10] {dino} snda

[12:13] {dino} sm l .40 risky

[12:15] {dino} stop .98

[12:16] {Threei}  dp... just a friendly reminder: you own STSI, don't fal asleep

[12:16] {dptl} oh ty..lol

[12:16] {Threei}  signed: RealityTrader wake-up call service

[12:16] {dino} stopped

[12:17] {dino} try a buck lower

[12:21] {wulff} Have a great finish. LAte

[12:21] {wulff} LAter

[12:21] {Threei}  take care wulff

[12:21] {Threei}  FED'S BERNANKE SCHEDULED TO GIVE A SPEECH AT A FED CONFERNECE AT 12:30PMET

[12:21] {Threei}  - a prepared text is expected but he will not do a Q&A

[12:21] {dino} cetv l .50

[12:24] {magoo} whens president rock star speaking today?

[12:25] {Threei}  he is speaking in Latin America, so no economy topcs anyway

[12:26] {dino} rinsed snda

[12:29] {dino} pretty tight range

[12:29] {dino} like the 70s

[12:30] {Threei}  FED'S BERNAKE: HARM STEMMING FROM CREDIT CRISIS WILL BE LONG LASTING

[12:31] {nemo} so much for your title, vad

[12:31] {Threei}  REGULATORS MUST MANAGE THE RISKS OF INNOVATION

[12:31] {Threei}  I gave it up nemo

[12:32] {Threei}  I can't compete with so many masters of the obvious from all around the world

[12:32] {nemo} Yeah...your title get's outsourced

[12:32] {Threei}  as soon as I think I more or less gor upper hand over USA competitors, someone in Europe comes out and says "financial crisis is not contained yet"

[12:33] {Threei}  I say DUH and give up

[12:33] {nemo} yeah, enemies in all directions...I'm not paranoid...and anybody that says I am, is out to get me....

[12:34] {Threei}  oh, and just when I though homeland was safe, Canadian minister of finance said "inflation risk on horizon"

[12:35] {Threei}  - When the complexity of credit products becomes too high, direct regulation may be the only solution

[12:36] {nemo} They should just simplify the products.  Complex products + Complex Regulation = Cluster relationship

[12:36] {Threei}  and anything over 1 decimal gives me a headache

[12:37] {nemo} decimal or decibel?

[12:37] {Threei}  sigh

[12:37] {Threei}  ok, 2

[12:37] {Threei}  3.14 I can handle

[12:37] {dino} its a bunch of b.s., it would not have been so bad w/o the m2m change. nowe the banks want to keep these assets because they know they are worth more

[12:37] {nemo} 3.1416 is o.k.

[12:37] {Threei}  but 3.14159999 - no

[12:38] {nemo} I'd have to take my shoes off

[12:38] {nemo} They're not worth more, it just allows them to fudge the accounting on paper

[12:39] {dino} i disagree, 92% performing

[12:39] {nemo} So, are they worth more, or not?

[12:41] {dino} yes

[12:41] {dino} why do you think private equity is lining up

[12:41] {nemo} Should they hol on to them then?

[12:43] {dino} then

[12:43] {dino} because the rule was just changed 2 weeks ago

[12:43] {dino} yes

[12:44] {dino} snda double bottom or death

[12:45] {nemo} you in snda, dino?

[12:46] {magoo} keep eye on WFC..IF IF mkt decides to rip, its got big potential..not in here

[12:46] {dino} no

[12:47] {dino} bti l .64

[12:52] {fernp} DRYS consolidating hod... should I ignore DRYS breakout??

[12:52] {Threei}  this one may be worth it

[12:53] {dptl} .75?

[12:53] {fernp} lunch-time, friday, breakout...

[12:53] {Threei}  .75 would be aggresive, .80 is right above

06[12:54] * magoo slaps laserdave around a bit with a large trout

[12:54] {dptl} stop under .65?

[12:54] {magoo} MS nuts

[12:55] {magoo} news MS vad?

[12:56] {Threei}  no

[12:56] {dptl} or under .70 ? if takes .75

[12:56] {Threei}  BAC

[12:56] {Threei}  PROXY ADVISOR GLASS LEWIS RECOMMENDS SHAREHOLDERS VOTE AGAINST RE-ELECTION OF CEO LEWIS AT APRIL 29 ANNUAL MEETING - CNBC

[12:56] {Threei}  - Also recommends voting against lead director Temple Sloan.

[12:56] {Threei}  - Calls on shareholders to vote to split chairman and CEO roles.

[12:56] {Threei}  US) CONGRESSIONAL PANEL ON TARP NOTES TREASURY SEC GEITHNER TO TESTIFY APRIL 22 AT 10AMEST

[12:57] {Threei}  both are valid dp

[12:57] {dptl} ok ty

[13:01] {dptl} in .75 drys

[13:02] {fernp} me too

[13:03] {dptl} .70 stop for you?

[13:03] {fernp} yes

[13:09] {dino} hod s/p ndx

[13:11] {fernp} out here +.10

[13:12] {Threei}  :)

[13:12] {Threei}  thought this one did have a chane

[13:13] {magoo} RF nutsarolla vad

[13:13] {fernp} yes. was fine

[13:15] {dptl} out half .85..wierd wasn't get filled till last moment

[13:18] {dptl} all out .97 ty

[13:18] {Threei}  :)

[13:19] {fernp} very gj dp

[13:19] {dptl} ty..now i need that stsi to wake up

[13:20] {magoo} GE high vad

[13:21] {Threei}  don't know about this one mags

[13:22] {magoo} ok

[13:27] {dino} out intc .62 +.12

[13:42] {dino} bti to .81

[13:44] {dino} ohh mannn, major slip ave .77, +.13

[13:45] {dino} snda drop again

[13:47] {Threei}  DRYS non stop

[13:57] {Threei}  REPORTEDLY BOA, JP MORGAN AND WELLS FARGO ARE HOLDING DISCUSSIONS WITH CONGRESS OVER NARROWING SCOPE OF BANKRUPTCY "CRAMDOWN" BILL

[13:57] {Threei}  - Terms of negotiations include establishing a five-year program, no principal write downs and compatibility with Obama Administration's housing plan

[13:57] {dino} cetv dead, stop to .44

[14:00] {dino} stoppped -.08

[14:01] {dino} shld

[14:02] {Threei}  volume is quite ridiculous

[14:03] {nemo} dow volume is strong

[14:03] {Threei}  nasdaq is next to non-existent

[14:08] {dptl} ok finaly...stopped stsi  ave.-.06

[14:22] {dino}  ofix l .35

[14:24] {Threei}  DNDN is ridiculous

[14:24] {dino} wmt l .50

[14:28] {dino} snda sm l .14

[14:33] {dptl} hot?

[14:33] {Threei}  yuck

[14:35] {dino} ofix stop to .48

[14:38] {dino} hot???????

[14:40] {dino} ofix to .53

[14:41] {dino} to .55 stingyyyyyyyyyyyy

[14:41] {dino} oiut slip ave. 54 +.19

[14:41] {_jfjf64} jback

[14:42] {dino} c'mon wmt i want a smilely face

[14:43] {dino} smily?

[14:51] {Threei}  wow DNDN

[14:51] {nemo} bounce?

[14:52] {Threei}  this is tryuly scary thing

[14:52] {nemo} that might be catch a falling elevator

[14:52] {Threei}  see?

[14:52] {Threei}  this is not falling knife.... this is falling piano

[14:52] {nemo} Oh yeah, got the 5 minute up too...a lot of air under there

[14:53] {Threei}  any more than on 1 min?? :)

[14:53] {dino} nni

[14:53] {nemo} I can see the whole day on the 5 minute

[14:53] {Threei}  hmm?

[14:54] {Threei}  I can see whole day on 1 min too

[14:54] {Threei}  how is it an issue?

[14:54] {nemo} tomato tomato

[14:54] {nemo} I have smaller screens up

[15:00] {dino} lol

[15:00] {nemo} what Dio?

[15:01] {nemo} Dino...not to be confused with Ronnie James Dio

[15:02] {dino} snda stopped done w/it

[15:03] {dino} there are better worlds than these

[15:03] {nemo} the transition can be a bitch

[15:04] {dino} maybe so, maybe so

[15:05] {dino} titn trying

[15:06] {dino} nni break of .08

[15:10] {dino} vivo l .40

[15:10] {Threei}  if ese was here, I guess he would be in FITB

[15:13] {Threei}  WHITE HOUSE: OBAMA HAS COMPLETE CONFIDENCE IN AUTO TASK FORCE CHIEF RATTNER

[15:13] {Threei}  - reminder: earlier today it was reported that Rattner is involved in a probe of an alleged kickback payments

[15:13] {Threei}  oh boy

[15:14] {dino} lol

[15:14] {dino} and probably did not pay his taxes, :)

[15:14] {Threei}  I want to start counting people who president has complete confidence in

[15:15] {dino} everybody he picks, regardless of circomstances

[15:15] {Threei}  if ese was here, I guess he would be exiting FITB

[15:15] {magoo} finnies again vad

[15:16] {dino} i miss es

[15:16] {dino} lol

[15:16] {nemo} he's been killing it lately

[15:16] {Threei}  ese is amazing story

[15:16] {dino} indeed he has

[15:16] {Threei}  started as many did

[15:17] {Threei}  read about 120 books,

[15:17] {Threei}  went through some courses

[15:17] {Threei}  finally tired of losing money and picked one book that made sense to him

[15:17] {Threei}  which turned to be TTR

[15:17] {Threei}  started looking up the author

[15:17] {Threei}  was shocked to find out author just moved to the same city where he lived

[15:18] {Threei}  sent e-mail

[15:18] {nemo} divine intervention

[15:18] {Threei}  we met, he grabbed MPP from me

[15:18] {Threei}  in a montrh or so joined the room

[15:18] {Threei}  started proces of unlearning bs

[15:18] {Threei}  made kind of round bottom, so to speak

[15:19] {Threei}  and started making very nice money with amazing consistency

[15:19] {Threei}  local celebrity in music btw

[15:19] {Threei}  fantastic drummer, has professional band and unique high school band

[15:20] {Threei}  http://www.themidnights.com/bio.htm

[15:24] {Threei}  everyone's looking at photos or just asleep?

[15:24] {Threei}  FAZ new all-time lows

[15:25] {Threei}  MGM

[15:25] {Threei}  REACHES AGREEMENT WITH DUBAI WORLD TO COMPLETE CITY CENTER CONTRUCTION; PLAN MUST STILL BE APPROVED BY CITYCENTER LENDERS - WSJ

[15:26] {dino} mgm

[15:27] {Threei}  - new plan would protect the CityCenter project from MGM cross-defaults.

[15:27] {Threei}  - Reminder: earlier today, MGM said it would provide funds to continue construction on CityCenter project, putting forward $70M to cover the current construction costs for CityCenter, includes $35M that was supposed to have been funded by Infinity World, a subsidiary of Dubai World.

[15:28] {dino} cross defaults does not sound good

[15:30] {Threei}  I suspect dino doesn't want to gamble on MGM

[15:30] {dino} thinking short

[15:31] {dino} can't

[15:38] {magoo} WFC doing it

[15:38] {magoo} big 

[15:40] {Threei}  nice

[15:43] {magoo} i am in it

[15:43] {magoo} repeadily

[15:44] {dino} titn l .83

[15:45] {Threei}  I am scared to think how many of "buy every new low" traders get killed in FAZ

[15:49] {nemo} well, that's all she wrote...P&Q

[15:51] {dino} out vivo .47, +.07

[15:53] {dino} hard sell

[15:54] {Threei}  OBAMA ADMINISTRATION WILL USE COMPETITIVE BIDDING TO BUY WHEELCHAIRS, COULD SAVE $1B ANNUALLY - WSJ

[15:54] {Threei}  huh?

[15:56] {Raven} I'm not ready for one of those yet ...

[15:56] {dino} snda 47s

[15:56] {Threei}  come on Raven, help them save 1B

[15:57] {Raven} sigh

[15:57] {Threei}  I'll get one too and we will race

[15:57] {Threei}  or chase cosmo down the street

[15:57] {Raven} I like that ... Formula I wheelchairs

[15:58] {Raven} wake up cosmo !!

[15:58] {Threei}  and hit him with cruthces if we get him

[15:58] {Raven} yesssssssssss

[15:58] {vint} good weekend all

[15:58] {dptl} have a good weekend all

[15:58] {Threei}  okay guys, thank you all

[15:58] {Threei}  have a good weekend

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

[15:59] {Threei}  a bit boring day but Fri is Fri

[15:59] {dino} titn out -.03

[16:00] {_jfjf64} ty  enjoyed week in room   look forward to  trading with tou in  future   will call afterclose    good day all

[16:01] {dino} glad to have you

Apr 16 2009

Very nice day with just one stop. This time we managed to get a feel of financials starting to rally and utilized it with strong trades in JPM, WFC and FAS.

Session Time: Thu Apr 16 00:00:00 2009

[08:10] {Threei}  04/16/09 06:29am

[08:10] {Threei}  [JPM] JPMorgan Chase and Co Reports Q1 $0.40 v $0.32e, R $26.9B v $22.95Be

[08:10] {Threei}  - Q1 Net new credit extended $150B

[08:10] {Threei}  - Q1 ROE 5.00% v 1.00% q/q

[08:11] {Threei}  - CEO Dimon: It is reasonable to expect additional increases to credit reserves if the economic environment worsens. Yet, we are confident that even a highly adverse economic scenario would not compromise our overall strength and stability - or our ability to enhance our franchises. We remain well-positioned to benefit when the economy recovers and remain committed to serving our clients, investing in our franchise and building a stronger company for the future

[08:11] {Threei}  04/16/09 07:43am

[08:11] {Threei}  [JPM] JPMorgan Chase and Co CEO: Company is capable of paying back TARP "tommorow"; waiting for guidance from Treasury

[08:11] {Threei}  - Remarks that does not need to raise capital at the moment; but could do so through private channels

[08:11] {Threei}  - PPIP program may be helpful to financial system, it is however irrelevant to JP Morgan as it does not intend on participating in the program

[08:11] {Threei}  - States that TARP money has become a 'scarlet letter' for banks

[08:11] {Threei}  - Have begun to see stability in economic activity, so far that stability however has been at lower levels than that of pre-credit crisis

[08:11] {Threei}  - Mortgage busisness will 'do fine'

[08:23] {Threei}  PREVIEW: INITIAL JOBLESS CLAIMS AND CONTINUING CLAIMS DUE OUT AT 8:30AMET

[08:23] {Threei}  - Expectations for initial claims are 660K v prior release of 654K (range seen from 635K to 700K)

[08:23] {Threei}  - Continuing claims seen at 5.893M v prior 5.840M. (range seen from 5.750M to 5.950M)

[08:30] {Threei}  INITIAL JOBLESS CLAIMS: 610K V 660K;

[08:30] {Threei}  CONTINUING CLAIMS: 6.022M V 5.893ME

[08:30] {Threei}  - Prior jobless claims revised from 654K to 663K

[08:30] {Threei}  - Prior Continuing Claims revised from 5.840M to 5.850M

[08:30] {Threei}  MAR HOUSING STARTS: 510K V 540KE; BUILDING PERMITS: 513K V 549KE

[08:30] {Threei}  - Prior Housing Starts revised from 583K to 572K

[08:34] {Threei}  JPM CFO: WE'VE BEEN FULLY CONSISTENT ON TARP, WE WANT TO REPAY AS SOON AS POSSIBLE; "I DON'T THINK WE NEED MORE CAPITAL" - CONF CALL Q&A

[08:35] {cosmo} how about the homeowner though?

[08:35] {larisa} good morning :)

[08:35] {Threei}  cosmo, larisa :)

[08:35] {cosmo} 3i, lrs :)

[08:46] {dptl} good morning

[08:46] {Threei}  dp :)

[08:47] {cosmo} JAVA pre mkt high = 6.84  so far

[08:47] {Threei}  08:09am [JAVA] Pre-market strength attributed to speculation Sun is willing to resume negotiations if IBM will soften stance

[08:47] {magoo} morning

[08:48] {cosmo} they gonna buy out IBM?

[08:48] {cosmo} nah

[08:49] {Threei}  mags :)

[08:49] {magoo} vad:) jpm report yet?

[08:50] {Threei}  like a few hours ago

[08:50] {Threei}  [08:10] {Alert} Threei [JPM] JPMorgan Chase and Co Reports Q1 $0.40 v $0.32e, R $26.9B v $22.95Be

[08:50] {Threei}  [08:11] {Alert} Threei - Q1 Net new credit extended $150B

[08:50] {Threei}  [08:11] {Alert} Threei - Q1 ROE 5.00% v 1.00% q/q

[08:50] {magoo} not much reaction?

[08:50] {Threei}  and a whole lot of words

[08:51] {Threei}  notably,

[08:51] {Threei}  - States that TARP money has become a 'scarlet letter' for banks

[08:52] {magoo} pretty good report tho

[08:53] {Threei}  well, market recovered nicely

[08:53] {Threei}  and JPM went buck and half off lows

[08:55] {Threei}  market is depressed by GGP

[08:55] {Threei}  01:45am [GGP] Files for Chapter 11 Bankruptcy ($27.3B approximate liabilities)

[08:59] {cosmo} ATVI

[09:00] {fernp} Hello everybody

[09:00] {Threei}  fern :)

[09:01] {pita} hello, hello

[09:01] {Threei}  STEM

[09:01] {Threei}  SIGNS LICENSE AGREEMENT WITH MAJOR PHARMACEUTICAL COMPANY COVERING GENE INSERTION TECHNOLOGY

[09:01] {Threei}  - A major international pharmaceutical company has taken a non-exclusive license to the Companys recently acquired Internal Ribosome Entry Site (IRES) technology.

[09:01] {Threei}  - The IRES technology enables the dual expression of a protein of interest and a selectable marker, thereby enabling researchers to genetically modify any mammalian cell and monitor the activity of a particular gene of interest in living cells or tissues without blocking the normal function of the gene.

[09:01] {Threei}  - The financial terms of the license are confidential

[09:04] {dino} gm all

[09:04] {Threei}  dino :)

[09:05] {Threei}  that's an unusdual event for STEM

[09:05] {dino} isrg, misses and goes up?

[09:05] {Threei}  normally it moves on general sector news, very rarely has its own

[09:08] {ese} good morning....one more day of repreive waiting for the new Visa........$%#$#@  talk about snail mail

[09:08] {Threei}  ese :)

[09:08] {Threei}  your FITB is active again

[09:09] {ese} I scalped it again at school yesterday at lunch......81 to .90 +.09 on 20000shs

[09:10] {Threei}  you are ruthless

[09:10] {dino} you will be quitting your teaching soon

[09:10] {ese} it works for this stock vad the big shs.......the liquidity is great

[09:10] {Threei}  at such rate, he will be quitting his trading soon too

[09:11] {Threei}  that;s the whole idea of scalp type I

[09:11] {ese} well i would like to cut back that teaching load....don't want to totally give it up

[09:11] {nemo} nah...he's addicted

[09:11] {Threei}  take advatntage of liquidity by playing big size

[09:11] {magoo} but commission becomes an issue vad

[09:12] {Threei}  not if you use ECN rebate at least on one side

[09:12] {Threei}  and if you can use it on both, trade is almost commissions free

[09:13] {dino} you've created an animal

[09:13] {cosmo} ATVI gets busy

[09:14] {cosmo} @11

[09:14] {dino} bkc

[09:14] {dino} out pre .25, +.25

[09:16] {ese} is this lookin like an up day......

[09:17] {Threei}  so far

[09:17] {Threei}  changes on a dime lately, you know :)

[09:18] {ese} hey dino......if i keep this goin....got permission from my wife  to fly to Mertle Beach to do some golf

[09:18] {pita} so looking for breakouts?

[09:18] {dino} sweet

[09:18] {ese} skins....50 cents a hole....ehhhhhhhh what da ya say?

[09:19] {Threei}  I would prefer pullbacks still, pita

[09:19] {Threei}  may have to go for a break if we get consolidation and open break

[09:19] {pita} watching banks or more?

[09:20] {ese} go with pullback pita.......any breakouts i've tried in the last three weeks basically fail

[09:20] {Threei}  banks and whatever else scanner spits

[09:21] {dino} indeed

[09:21] {pita} thanks guys - happy for you ese, and working on doing the same

[09:22] {ese} does anyone know when ORCL reports?

[09:22] {magoo} u never know ES...i took some breakouts 

[09:23] {ese} very true mags....probably just the stocks i'm monitoring

[09:23] {dino} % higher on pullbacks for me

[09:24] {magoo} dino..ISRG has a 5 day gap to fill 101

[09:25] {pita} I'm not so good at figuring the extent of the pullback; do you have a guide for that?

[09:26] {dino} sun news reminds me of yahoo msft

[09:26] {ese} doesn't look like it's going to fill it today mags

[09:26] {pita} do you use fib for that?

[09:26] {dino} me?

[09:26] {dino} 5 day charts

[09:26] {pita} anyone using pullbacks

[09:27] {dino} me, but "big" ones

[09:27] {ese} I have been pita

[09:27] {dino} more capit type

[09:27] {pita} the missing ingredient for me is patience to wait for good entry

[09:27] {dino} ex, watch bkc around 18.50

[09:28] {Threei}  one thing to keep an eye on, breakouts wise

[09:28] {Threei}  WFC

[09:28] {Threei}  after that huge gap it topped out just under 20

[09:28] {Threei}  after some dancing around it approaches 20 again

[09:29] {dino} nok

[09:29] {Threei}  it's also the resistance from Jan - Feb

[09:29] {Threei}  if WFC takes 20 with some market help, I'd say it's a candidate for another stunning move

[09:30] {dino} hmmm nok misses and pops, intc hits and drops

[09:31] {Threei} Long Setup:  STEM  1.80 if holding above 1.70

[09:31] {ese} L ORCL .80

[09:32] {ese} out .87

[09:32] {nemo} big drop WFC

[09:32] {ese} +.07 3 lots

[09:32] {nemo} smack ese with a wad of cash

06[09:32] * nemo slaps ese around a bit with a large bag of quarters

[09:33] {ese} that felt good

[09:33] {nemo} masochist

[09:33] {ese} ouch

[09:33] {dino} bkc fast fall, watch yesterdays low imo

[09:33] {Threei}  WFC bounce ready

[09:33] {nemo} already ounced

[09:33] {nemo} b

[09:34] {wulff} look at Rimm

[09:34] {Threei}  UPDATE: CNBC REPORTS IBM NOT INTERESTED IN NEW TALKS WITH JAVA

[09:34] {Threei}  {IBM}

[09:37] {ese} yaa rimm has open sky above

[09:37] {Threei}  FITB fast drop

[09:38] {ese} boy did it

[09:38] {Threei} Long Setup:  FAS  .75

[09:39] {ese} fitb reports next week....i'm very wary of it

[09:39] {Threei}  stop for scalpers under .70, for day traders under .60

[09:39] {Threei}  Prez on TV

[09:40] {nemo} stop on fas

[09:40] {ese} L rimm .21

[09:41] {magoo} l axp .80

[09:41] {ese} would prefer to have the q's showing up....but we'll see

[09:41] {dptl} l fas .75

[09:43] {ese} out rimm .60 +.39

[09:44] {magoo} nice

[09:44] {wulff} the banks are fine.... go up

[09:44] {dino} ugh original idea bkc was correct

[09:44] {fernp} gj

[09:44] {ese} tks

[09:44] {ese} dangerous now with q's really against it

[09:44] {Threei}  no worky FAS

[09:44] {dptl} stopped fas

[09:45] {Threei}  AAPL salmon

[09:46] {nemo} wfc sitting on yesterdays close

[09:46] {Threei}  hmm?

[09:47] {Threei}  it's 60 cents under yest close

[09:47] {nemo} i lied...morning low

[09:49] {dino} lol

[09:49] {magoo} offering OUT AXP 09

[09:49] {magoo} +.29

[09:50] {dino} gj

[09:51] {Threei}  AAPL

[09:51] {Threei}  .10 long, half lot

[09:51] {Threei}  if holding above 118.90

[09:53] {Threei}  invalidated, .50 - .60 area is next of interest

[09:54] {ese} L rimm .55

[09:54] {ese} rats missed .50

[09:54] {nemo} stop ese?

[09:55] {magoo} grabed AAPL 119 crossover

[09:55] {ese} .40

[09:56] {ese} damn thing moves too fast for me....want quick stop

[09:57] {magoo} out .40 TY boss

[09:57] {ese} out rimm .82 +.27

[09:57] {Threei}  perfect spike RIMM

[09:58] {Threei}  wtg ese

[09:58] {ese} whoaaa look at it

[09:58] {magoo} hey..my AAPL crossover was nice

[09:58] {Threei}  GM

[09:58] {Threei}  REPORTEDLY UNDER GOVERNMENT PRESSURE TO SELL GMC BRAND

[09:58] {Threei}  wtf

[09:58] {ese} don't know if I like stocks like that

06[09:58] * nemo pats mags on the head

[09:58] {Threei}  sure was mags, there there

[09:58] {magoo} looking for approval from the master

[09:58] {magoo} lol

[09:58] {Threei}  lol

[09:59] {ese} you have my un dying admiration mags

[09:59] {magoo} i know...but like the child...i need vads he he

[09:59] {dino} ebs l .89

[10:00] {Threei}  APR PHILADELPHIA FED INDEX: -24.4 V -32E

[10:00] {ese} Fitb....what the heck is it doin...all over the map for that stock

[10:00] {dptl} mxim?

[10:01] {Threei}  14.50 is serious break on daily for MXIM

[10:01] {Threei}  I hate lack of volume on it

[10:01] {dptl} yes 

[10:01] {nemo} ese mimicing fas

[10:01] {Threei}  but with market help should be a nice breaj

[10:02] {ese} almost exactly to a tee nemo

[10:03] {dino} out ebs .05, +.16

[10:03] {dino} ugh isrg

[10:03] {ese} wow look at that dump on it dino

[10:04] {ese} topped out maybe.....may go dn to cover that gap

[10:05] {dino} and i said to magoo, lets short it, but it kept going up

[10:05] {ese} Vad....in what way would FAS be connected to the QQQQ

[10:05] {Threei}  not directly, just in generall market direction sense

[10:06] {Threei}  SPY should be better correlation for FAS

[10:06] {ese} tks

[10:06] {dino} more to dji, s/p imo

[10:06] {Threei} Long Setup:  WFC  19 break if holding above .90

[10:07] {ese} tks

[10:07] {dino} dji, s/p lods

[10:07] {dino} feeling heavy

[10:08] {Threei}  PALM

[10:08] {Threei}  this thing is getting serious

[10:08] {dptl} wfc still valid?

[10:08] {Threei}  yes but keep an eye on FAS

[10:08] {Threei}  WFC needs its help

[10:09] {dptl} and stem still valid?

[10:09] {ese} are you thinkin up on fas

[10:09] {nemo} not showing that yet ese

[10:11] {Threei}  with any market help PASLM is aiming for 10 and higher

[10:11] {Threei}  PALM

[10:11] {cosmo} hmmm

[10:11] {dptl} in wfc

[10:12] {nemo} in

[10:13] {Threei}  if survives this market downtick, will probably be capable of more than scalp

[10:13] {ese} fas....good lokkin daily chart

[10:13] {wulff} can sense that fight

[10:16] {_jfjf64} wfc still good to enter   was  gone min

[10:16] {ese} L FAS .66  hmmmmm I bit on the uptick in the s/p

[10:18] {nemo} finnies were up so much yesterday, even as much as they are down, their still way above yesterday

[10:18] {Threei}  don't want to impose my my trading decisions on you, so if you are inclined to scalp, do so by all means

[10:18] {Threei}  I intend to partial

[10:18] {nemo} yeah, long out of wfc

[10:18] {_jfjf64} ty

[10:19] {magoo} palm vad?

[10:19] {Threei}  looks very string but finding an entry on it is a problem

[10:20] {dptl} half out wfc

[10:20] {Threei}  WFC 1:1, half out for me

[10:21] {dptl} out all .17  ty

[10:21] {fernp} out ty Vad

[10:21] {Threei}  welcome

[10:21] {dino} ady range wow

[10:21] {dino} ebs round two coming

[10:21] {dino} .40 trig imo

[10:22] {ese} fas stop .60 

[10:22] {dino} plcm near lod

[10:24] {nemo} RIMM looking toppy

[10:24] {ese} out fas ...stopped -.06

[10:25] {ese} dumb dumb dumb.....had $300 in my pocket......at .71

[10:25] {dptl} stem still valid ?

[10:26] {Threei}  discretionary

[10:26] {Threei}  formally yes...

[10:26] {dptl} ok ty

[10:26] {Threei}  whether it prepares something or just died on the vine, no idea

[10:26] {pita} ty Vad Ese Dino - my best day this year.  Quitting while ahead.  Maybe cu later...

[10:27] {Threei}  this stock is a wierdo

[10:27] {Threei}  wtg pita

[10:27] {Threei}  great to hear

[10:27] {ese} see ya pita

[10:27] {dino} plcm l .67 stop lod

[10:27] {Threei}  okay WFC

[10:27] {Threei}  let's do it

[10:27] {cosmo} PALM ...gonna test for another leg soon

[10:27] {Threei}  take .20 and show those pesky scalpers what you are capable of

[10:27] {cosmo} 9.98 hod

[10:28] {cosmo} needs to hold .70 imo

[10:29] {dino} ady v sm v risky l .60

[10:29] {dino} did not expect that one

[10:30] {Threei} Long Setup:  RIMM  half lot .15

[10:30] {Threei}  if stays bove 66

[10:31] {magoo} in rimm

[10:31] {magoo} in aapl

[10:31] {dptl} in

[10:31] {magoo} ,40

[10:31] {Threei}  anything magoo is not in?

[10:31] {Threei}  RIMM 1:1

[10:31] {dptl} out ty

[10:32] {Threei}  broken record:

[10:32] {Threei}  IMF REITERATES VIEW THAT COORDINATED GLOBAL EFFORT IS NEEDED TO DEAL WITH FINANCIAL CRISIS

[10:32] {cosmo} buy globeros

[10:32] {magoo} out .37 RIMM FL ty boss

[10:33] {dino} ebs stop to b/e

[10:33] {magoo} out AAPL here

[10:34] {magoo} +.450

06[10:34] * Threei slaps magoo around a bit with a large roll of cash

[10:34] {dino} stopped reverse slip .43, +.03

[10:34] {magoo} again please

[10:34] {Threei}  nope... you enjoy it too much

[10:34] {Threei}  WFC... scalpers win

[10:34] {Threei}  again

[10:35] {magoo} wierd..BIDU down GOOG up

[10:37] {dino} plcm stopped .53 -.14

[10:38] {dino} goog reports tonight

[10:39] {Threei}  that ought to be interesting

[10:40] {Threei}  30 points move in a matter of 3 seconds, lol

[10:40] {nemo} oh yeah, you made a killing on a 15 second scalp last time

[10:40] {Threei}  no slightest intention to repeat it this time, lol

[10:40] {magoo} excuse me vad..bnut it usually 35 points 

[10:40] {nemo} at this time

[10:41] {magoo} my only reason for livving is the goog, aapl, rimm, gs reports

[10:42] {Threei}  you need to get out more mags

[10:42] {Threei}  get a life

[10:42] {Threei}  meet people

[10:42] {magoo} why?

[10:43] {Threei}  surely there are must be some women aroun d to show you that here is more to life than goog, aapl, rimm, gs reports

[10:43] {Threei}  sheesh, my typing worsens by day

[10:43] {Threei}  just when I think it hit rock bottom

[10:44] {magoo} u should sign up for theionlinertading cvourse i take vad

[10:44] {Threei}  yeah, I see it does miracles to your typing

[10:45] {magoo} weant thesite?

[10:45] {magoo} futes ugly herre

[10:45] {Threei}  typeingbeter.com?

[10:46] {nemo} omfg

[10:46] {Threei}  that's my site... oddly enough, not many clients

[10:46] {magoo} lol

[10:46] {ese} whats goin on?

[10:47] {Threei}  I don't see any news

[10:49] {magoo} doug kass pressing his skf long and spy short here

[10:49] {magoo} hes been dead on

[10:49] {Threei}  ahhh... missed this:

[10:49] {Threei}  04/16/09 10:17am

[10:49] {Threei}  [PALM] Palm, Inc Hearing renewed takeover chatter circulating

[10:49] {Threei}  - Dell rumored as potential acquirer, same chatter as back on 3/13/09

[10:49] {Threei}  remember we once specualted about DELL as possible suitor for PALM?

[10:49] {dino} schw l .15

[10:49] {Threei}  seems to take life on its own, lol

[10:50] {dptl} lbtya?

[10:53] {Threei}  nice chart for a strong bull day

[10:53] {Threei}  for what we have so far, not so much

[10:53] {dptl} ok ty

[10:56] {magoo} L spy .87

[10:59] {dino} bkc l .70, stop lod

[11:01] {magoo} 1:1

[11:01] {dawg} thanks Magoo for SPY

[11:02] {magoo} take it dawg?

[11:02] {dawg} Yes for dime scalp ty

[11:02] {magoo} im still in

[11:02] {magoo} u DAWGlol

[11:02] {dawg} you are doing just fine the DAWG

[11:05] {dptl} cl?

[11:06] {Threei}  same chart... same comment

[11:06] {Threei}  *STRESS TESTS TO BE RELEASED BY MAY 4 - CNBC

[11:06] {dptl} :) ye thougt so ...ty

[11:06] {Threei}  I feel stressed already

[11:06] {Threei}  and tested

[11:07] {dino} ebs l .68

[11:09] {Threei}  DETAILS ON STRESS TEST ASSUMPTIONS APRIL 24

[11:09] {Threei}  - May 4 release will includes stress test results and capital plans for filling holes

[11:10] {dino} i.e. selling shares

[11:14] {dino} ebs stop to .89

[11:14] {Threei}  BRCD

[11:14] {Threei}  REPORTEDLY IBM TO SELL CO. ETHERNET SWITCHING AND ROUTING PRODUCTS

[11:14] {dino} to .94

[11:15] {dino} to .98

[11:15] {dino} out +.30

[11:15] {Threei}  wtg'

[11:15] {dino} too tight

[11:16] {magoo} out .13 SPY

[11:16] {magoo} +.20 something

[11:16] {dino} ty

[11:16] {nemo} .26 mags

[11:17] {magoo} u go nemo?

[11:17] {dino} gj nemo

[11:18] {nemo} not me, mags said 20 something, I remembered he went in @ .87

[11:18] {magoo} ok..lol...ty

[11:19] {magoo} once u start doing that..ass lazy as i am..ill expect u to calculate them all for me ..ok

[11:19] {dino} ahhh

[11:19] {nemo} for some reason, that moment found my one good braincell

[11:19] {dino} ass lazy, thats a new one

[11:20] {nemo} he's backwardated

[11:20] {nemo} disleximicated

[11:20] {Threei}  you guys are so tude... I am blushing here

[11:20] {nemo} fubar

[11:20] {Threei}  rude

[11:20] {nemo} bohica

[11:20] {dino} lol

[11:20] {nemo} hehehehe

[11:21] {dino} intc l .45

[11:23] {dino} schw ap fill

[11:25] {dino} gap

[11:25] {Threei}  action all but disappeared

[11:26] {larisa} I bet we will go into weekend with DOW over 8200. Anybody with me ? 

[11:26] {nemo} hate optimists

[11:26] {larisa} lol

[11:26] {Threei}  under 7800 larisa

[11:26] {patience} i thought we would start a correction by tomorrow.  You are probably right though Larisa.

[11:26] {Threei}  [11:26] {nemo} hate pessimists just as well

[11:27] {larisa} I asked who is with me, not against me :)

[11:27] {Threei}  oh, sorry

[11:27] {patience} my mistake

[11:27] {larisa} lol

[11:27] {Threei}  I just wanted to fill the range of bets

[11:28] {Threei}  since we are at 8000, 200 down seemed to be perfect balance vs your 200 up

[11:28] {Threei}  this way we leave whole 400 points for other room members

[11:29] {Threei}  on, and we leave nemo option to hate both of us

[11:30] {nemo} put you on my "Disgruntled Postal Worker Fantasy List"

[11:30] {Threei}  uh oh

[11:30] {nemo} some names are in pencil...some in pen...

[11:31] {Threei}  Newman! (in my best Seinfield voice)

[11:31] {nemo} market has been spending alot of time in a coma lately

[11:32] {larisa} it called congestion.. before we spike up like crazy :)

[11:32] {Threei}  I prfer consolidation

[11:33] {Threei}  congestion is too closely associated with indigestion

[11:33] {nemo} fine, you use the word coma

[11:33] {larisa} lol

[11:33] {Threei}  coma is my usual state

[11:33] {Threei}  market is trying to imitate

[11:33] {nemo} yeah...so you're one with the market...duh.

[11:34] {larisa} consolidation is something nice and healthy and market looks sick, congested

[11:34] {Threei}  sure.. principle of oneness...

[11:34] {Threei}  hmmm... if it's sick, how come you bet on +200?

[11:35] {larisa} because all wait for correction to hit 

[11:36] {Threei}  not me...

[11:36] {Threei}  I just had to take opposite side of your call

[11:36] {larisa} lol

[11:37] {Threei}  but my take is, surprise rally is brewing

[11:37] {dino} i'll take either up or down 200

[11:37] {dino} pita, see schw fill that gap from yesterday

[11:38] {ese} see ya in an hour......

[11:39] {Threei}  take care ese, we'll be here

[11:39] {Threei}  (even if comatose)

[11:40] {pita} yes, dino - but how do you pick entry?

[11:40] {Threei}  in past days, this kind of market climb we had over last 40 min or so produced sharp pullback, then recovery and rally

[11:41] {Threei}  let's see if we get WFC drop into 19 on this idea

[11:41] {nemo} fas break of .71?

[11:41] {Threei}  and try to take it there

[11:41] {Threei}  no

[11:41] {Threei}  no breakouts

[11:41] {nemo} need consolidation

[11:41] {Threei}  if scenario above materializes, pullback into .50 are is our entry idea

[11:43] {Threei}  here starts WFC pullback

[11:43] {_jfjf64} lost me

[11:43] {Threei}  at which turn?

[11:43] {larisa} .50 entry was for FAS jf

[11:44] {_jfjf64} ty

[11:44] {Threei}  WFC, want pullback into 19 for long entry,

[11:44] {Threei}  FAS, want pullback into .50 for long entry,

[11:44] {dino} pita, i jumped gun on it

[11:44] {Threei}  if they continue climbing, letting them go

[11:45] {dino} but usually depends on markets if dropping which happened, then wait for .05 above the gap usually

[11:45] {dino} but in general, i want something down a buck+ bto consider

[11:46] {dino} but use a 5 day for a(w)hile (as family guy says) to find entries

[11:46] {magoo} in wfc .17

[11:47] {nemo} frickin wfc frickin fas

[11:47] {dino} up

[11:47] {pita} k

[11:47] {dino} vivo

[11:47] {dino} mktx

[11:55] {dino} sm l vivo .00, stop .77

[11:57] {dino} intc stop to .57 stingy mode

[11:59] {dino} i effectively killed the bkc

[11:59] {magoo} out wfc ..dimer

[12:00] {dino} out intc +.12

[12:01] {nemo} anyboy thinking WFC short?

[12:02] {dptl} Vad, is that c$h on lbtya?

[12:02] {magoo} i dont l;ike short anything today,..just my o...but i like long

[12:02] {Threei}  just JBE consolidation

[12:02] {nemo} scarin' me magoo

[12:03] {dino} deck coming down to open gap perhaps 59.30

[12:03] {Threei}  if that's C&H, it sure is not a noble china

[12:03] {dino} or not

[12:03] {magoo} do not be afraid..said the spider to the fly

[12:04] {dptl} well from ..like 11:00

[12:04] {Threei}  yeah, I see it

[12:04] {Threei}  volume doesn't really shape up as C&H

[12:04] {Threei}  as JBE though, why notr

[12:05] {dptl} ok...are gonna take it?

[12:05] {Threei}  but they are being played similarly in this case, so it's a moot point

[12:05] {dptl} you

[12:05] {Threei}  me no

[12:06] {dptl} ok ty

[12:06] {dino} abbott and costello again

[12:08] {Threei}  me is in wait for pullback mode

[12:08] {nemo} WFC short might work out

[12:08] {Threei}  me ignores breakouts at this point

[12:10] {dino} wmt pretty good drop

[12:11] {Threei}  FED ANNOUNCES PLANS TO PURCHASE AGENCY COUPONS TOMMOROW FOR 10/2015 THROUGH 7/2032

[12:11] {dino} sm l .60

[12:11] {Threei}  not sure if this is what propped the market just now

[12:11] {Threei}  but something did

[12:12] {dino} ady out of the blue out .10, +.50

[12:12] {dino} opps only partial

[12:12] {nemo} that made a shooting star dino

[12:13] {dino} made my lunch

[12:13] {dino} a bit volitile

[12:21] {Threei}  JPM...

[12:21] {Threei}  33 break is interesting for long

[12:21] {nemo} I thought no breakouts during lunch?

[12:22] {fernp} DRYS breaking hod

[12:22] {Threei}  this one is different

[12:22] {dino} lunchbreaks during lunch

[12:24] {dptl} why it's different?

06[12:24] * magoo slaps dptl around a bit with a large trout

[12:24] {nemo} don't ask questions dp

[12:25] {magoo} because it reported this morn..its a majpor player

[12:25] {dino} bkc stopped -.21

[12:25] {dptl} i see :)

[12:25] {dino} vivo stopped -.21

[12:26] {Threei}  magoo is right

[12:26] {Threei}  and it's invalidated anyway

[12:27] {magoo} magoo faints

[12:27] {dptl} lol

[12:27] {magoo} [12:27] {&Threei}  magoo is right

[12:27] {dino} watching "chuck" for pullback

[12:27] {nemo} Dino! check on mags

[12:27] {Threei}  okay, here comes my pullback

[12:27] {Threei}  hopefully

[12:27] {magoo} head hits keyboard buy button..in jpm

[12:27] {Threei}  lol

[12:27] {magoo} unconsciousas it tanks

[12:28] {dino} lol

[12:28] {Threei}  UBS FOLLOW UP: REPORTEDLY JOB CUTS AT UBS MAY INCLUDE 2,000 JOBS IN WEALTH MANAGEMENT UNIT

[12:29] {Threei}  less wealth to manage I'd guess

[12:29] {dino} roflol

[12:29] {larisa} lol

[12:29] {dino} apparently they mis-managed

[12:32] {dino} spir

[12:32] {dino} thin

[12:32] {nemo} that's an understatement

[12:34] {dino} can't borrow

[12:34] {nemo} steal

[12:35] {dino} so i'm reading in todays paper these electric cars obamination is pushing will cost $15k more than gas powered, thats a lot of gasoline to buy in trade off

[12:37] {Threei}  he has a plan dino

[12:38] {Threei}  raise the price of oil artificially and problem solved

[12:38] {nemo} cap&trade

[12:38] {dino} he has something, just not sure what

[12:39] {dino} and he forgets that this electricity must come from somewhere (coal, nat. gas, oil)

[12:39] {dino} be much cheaper to go to nat. gas

[12:42] {ese} like a bad "do" i'm back

[12:42] {Threei}  see... yo are trying to plasy the price card

[12:42] {Threei}  but it gets trumped every time by "we have to save the planet"

[12:42] {nemo} fas getting H&S?

[12:43] {_jfjf64} jpm??

[12:43] {Threei}  gosh... if that's H&S, it's so ugly I'd rather see that head being axed

[12:44] {nemo} back to the axe again

[12:44] {nemo} it just turne up

[12:44] {magoo} JPM

[12:44] {magoo} blasts 

[12:44] {Threei}  JPM broke fastre than I could type

[12:45] {nemo} wfc broke too

[12:45] {magoo} iu caufght .08

[12:45] {Threei}  get out

[12:45] {Threei}  too vertical

[12:46] {magoo} out .25 

[12:46] {magoo} ty

[12:49] {dino} snda back to old tricks

[12:50] {nemo} RIMM new highs

[12:51] {dino} bkc wants retest yesterday lows

[12:51] {Threei}  IRAQI OIL MIN: OPEC EXPECTS PRICES TO CONTINUE RISING OVER NEXT SEVERAL MONTHS

[12:52] {Threei}  they rehired old information minister?

[12:52] {dino} wynn

[12:53] {dptl} vmc

[12:55] {dino} schw l .35

[12:55] {Threei}  mags

[12:55] {Threei}  do we get re[eat of eod rally today?

[12:55] {magoo} i felt it was strong all day vad, BUT

[12:55] {nemo} looks like it's started already

[12:56] {magoo} last 30 minutes is tough call

[12:56] {dino} spikes everywhere, plce

[12:56] {ese} Lfitb .39

[12:56] {magoo} oh wait, yes with goog powering up and reporting..yes..UP IT IS

[12:57] {dino} where do those stairs go magoo?

[12:58] {magoo} UP

[13:00] {dino} lorl

[13:00] {dino} thin

[13:01] {Threei}  GE

[13:01] {Threei}  .10 break is probably wortj a try

[13:01] {nemo} jbe

[13:03] {Threei}  1:1 for scalpers

[13:06] {_jfjf64} too late for me    anyone able to get

[13:06] {nemo} no

[13:07] {dino} bkc l .50 stop lod

[13:07] {ese} going blind....am actually long FITB .38

[13:12] {ese} am really this consolidation at .38 with fitb

[13:12] {ese} really liking

[13:15] {dino}  tell us how you really feel

[13:17] {ese} welllllllll........it all started in a backwoods shack blah blah blah

[13:18] {dino} :)

[13:19] {Threei}  1 month since quitting smoking today

[13:19] {magoo} any cheating

[13:19] {Threei}  nope

[13:19] {magoo} congrats

[13:19] {Threei}  nicotine inhaler

[13:19] {Threei}  no single cigarette

[13:19] {Threei}  and no craving

[13:20] {ese} this is great.....we would love to have you around for along time to come......personally i mean.....can't speak for anyone else on the board

[13:20] {Threei}  that makes you rather an exception ese

[13:20] {Threei}  I appreciate that though :)

[13:21] {dino} wtg

[13:22] {dino} shld strong

[13:22] {dino} spikes

[13:22] {magoo} u didnt give up bacon did u

[13:23] {Threei}  you know I am dead if I do that

[13:23] {magoo} 400 magnet now on goog

[13:24] {Threei}  if FITB takes that .40 with finnies, you should get nice scalp out of it ese

[13:25] {_robert} fitb

[13:25] {_robert} sorry mistake

[13:25] {Threei}  we all do it robert

[13:26] {Threei}  typing symbol in the room instead of quotes and wondering why quotes won't come up

[13:26] {ese} definately........

[13:27] {Threei}  amazingly enough, BRCD moved on that news with IBM

[13:27] {Threei}  been a while since this kind of news moved small stocks

[13:28] {Threei}  or maybe just moved with market

[13:32] {dino} ady stop to .95

[13:33] {dino} stopped ady remainder .90, +.30

[13:36] {dino} cetv blood

[13:36] {vinod} good afternoon

[13:37] {Threei}  vinod :)

[13:45] {ese} ummmm yaaaaaaa ahhhhhhhh........yawn

[13:45] {Threei}  I second that

[13:46] {_jfjf64} 3rd that

[13:46] {ese} still hangin in there with fitb

[13:46] {ese} it stayed put while the market retraced......a berry berry good sign

[13:48] {Threei}  true... but need market/fin sector to come alive and start kicking those buttocks again

[13:52] {ese} indeed

[13:53] {ese} auch du miya......how dare patience step away from the board....well i never......

[13:53] {Threei}  okay... this is likely to be a turn

[13:53] {ese} for the beter I hope

[13:54] {Threei}  WFC

[13:54] {Threei}  pullback closer to .15

[13:54] {Threei}  with stop under .10

[13:54] {Threei}  first strength from here

[13:55] {Threei}  hmm... no strength

[13:55] {Threei}  let's let it stabilize

[13:56] {Threei}  and hopefully establish new range

[13:56] {Threei}  yeah right

[13:56] {Threei}  just up and down, without anchoras

[13:56] {_jfjf64} lol

[13:57] {Threei}  didn't want to buy .12 - .13

[13:57] {Threei}  chance to get just a few cents before new leg down was too big

[13:57] {dino}   cetv hl l .92 stop .64

[13:57] {patience} i is back ese

[13:59] {nemo} RIMM just keeps going

[14:00] {Threei}  I don't like you, WFC

[14:04] {ese} ahhhhhh haaaaaaa!     the board just cannot function properly without you

[14:05] {patience} working on my income tax, very depressing

[14:05] {Threei}  just send CRA a tea bag

[14:05] {Threei}  I did

[14:06] {nemo} finnies doing the stealth creep

[14:06] {Threei}  anonymously too

[14:06] {nemo} GE heading for hod

[14:06] {ese} we just get someone to do it

[14:07] {ese} I'll bet i couldn't do my income tax properly anymore

[14:07] {patience} i do my income tax before the accountant gets everything...i invariably find something he doesn't consider applicable but i do

[14:07] {ese} your much better ati it than I am for sure

[14:08] {Threei}  JPM

[14:08] {patience} i am motivated

[14:08] {Threei}  this pullback into 33 must be buyable

[14:09] {Threei}  will this one give a range?

[14:09] {Threei}  tired of vagueness today

[14:09] {Threei}  too many situations where I am unable to give exact entry and estop

[14:10] {Threei} Long Setup:  JPM  .15 half lot

[14:11] {dptl} in

[14:11] {magoo} in 

[14:12] {dptl} stop just under 33? right

[14:12] {Threei}  that was question and self-answer I understand

[14:13] {dptl} :) yep ..

[14:13] {Threei}  I like you

[14:13] {Threei}  you make my work easy

[14:13] {Threei}  I can just nod

[14:13] {Threei}  or continue sleeping

[14:13] {Threei}  1:1 is coming

[14:13] {Threei}  make up your mind

[14:13] {Threei}  here we go

[14:14] {dptl} out 1:1 at .30 ty......welcome..lol

[14:14] {Threei}  {nod}

[14:14] {magoo} out there .35

[14:14] {_jfjf64} out.27  1:1 ty

[14:15] {Threei}  welcome you two - now go learn from dp, will ya?

[14:15] {Threei}  he is on self-serve

[14:15] {Threei}  says ty, says welcome

[14:15] {Threei}  I can just nod

[14:16] {_robert} out .32 ty

[14:16] {Threei}  {-- crying

[14:16] {Threei}  welcomew

[14:16] {dptl} lol

[14:16] {Threei}  :)

[14:16] {Threei}  at least some fun, lol

[14:16] {_jfjf64} see  ya  gv  price to get in    lol

[14:17] {Threei}  wanted it closer to 33...

[14:17] {Threei}  but it etsbalished range to break a bit higher

[14:18] {Threei}  so I had to cut it half lot to accomodate wider stop

[14:18] {ese} out fitb .46 +.08 on lottsa shs...see ya tomorow

[14:19] {Threei}  good job ese, take care

[14:19] {Threei}  love those 10-20K shares plays of his

[14:21] {Threei}  ok... does that relentless march up start?

[14:22] {Threei}  'cause if it is, I want in

[14:23] {dino} cetv stop to .89

[14:24] {Threei} Long Setup:  WFC  .55 if stays above .45

[14:24] {Threei} Long Setup:  FAS  .01 if stays above .95

[14:25] {dptl} in fas

[14:25] {nemo} too fast

[14:25] {Threei}  modify WFC

[14:25] {Threei}  .52 long

[14:26] {nemo} re enter fas?

[14:26] {nemo} well gone again

[14:27] {Threei}  too fast

[14:27] {nemo} in wfc

[14:27] {dino} cetv to .16

[14:28] {dino} to .27

[14:28] {Threei}  come on finnies

[14:28] {Threei}  let's stage repeat of yesteday

[14:29] {dino} to .30

[14:29] {nemo} re enter fas

[14:29] {dino} to .35

[14:30] {dino} to .40

[14:30] {dino} out slipped .28 ugh!!!!!!!!!, +.36

[14:30] {Threei}  half out FAS

[14:30] {dptl} out fas .09 ty

[14:30] {dino} was afraid of that

[14:30] {larisa} nice dino, could not make myself, do not like bottoms that slow :)

[14:30] {dptl} in wfc

[14:30] {Threei}  half oput WFC

[14:31] {nemo} out ty

[14:31] {dptl} out wfc +.10 ty

[14:31] {Threei}  darn scalpers

[14:31] {dptl} whuuuuuu that was fast 

[14:31] {nemo} a lot of fear in market

[14:31] {dino} thx larisaaaaa

[14:32] {dino} both ways it feels like

[14:32] {dino} wall of worry?

[14:32] {nemo} go both ways dino

[14:32] {Threei}  uh oh

[14:32] {_jfjf64} ty

[14:32] {Threei}  welcome guys

[14:33] {dino} never

[14:33] {Threei}  I am trying to stay in in case this is repeat of that ruthless short squeeze

[14:33] {nemo} didn't think so, just stuck your chin out

[14:33] {dino} lol

[14:33] {Threei}  was irritatwed that I missed it yesterday

[14:34] {Threei}  here we go

[14:34] {Threei}  1/4 more out FAS

[14:34] {Threei}  .16

[14:34] {dino} schw to .47

[14:34] {Threei}  1/4 more out WFC .66

[14:34] {Threei}  last portions with b/e stop

[14:35] {dino} tear down that .50 wall schw (in my reagan voice)

[14:36] {dino} out schw .47, +.12

[14:38] {Threei}  life is good

[14:38] {magoo} wells goin for 20 vad

[14:38] {Threei}  out FAS

[14:38] {Threei}  .24

[14:38] {Threei}  WFC, can't decide yet

[14:38] {Threei}  could be a big runner if takes that 20

[14:39] {Threei}  also, I have now this additional benefit:

[14:39] {nemo} wfc or fas?

[14:39] {Threei}  if it doesn't, it will be magoo's fault

[14:39] {Threei}  he went out on a limb with {magoo} wells goin for 20 vad

[14:40] {Threei}  nemo... you see FAS going for 20 in near future?? :)

[14:40] {nemo} I thought you might have meant .20

[14:40] {Threei}  [14:38] {Threei} out FAS

[14:40] {Threei}  [14:38] {Threei} .24

[14:40] {Threei}  [14:38] {Threei} WFC, can't decide yet

[14:40] {Threei}  [14:38] {Threei} could be a big runner if takes that 20

[14:40] {nemo} and just missed the period considering your HORRENDOUS typing skills

[14:41] {Threei}  you know comeback is coming, right?

[14:41] {Threei}  here it is:

[14:41] {Threei}  considering everything I typed, I have to conclude your reading skills haven't exceeded my typing ones by much {GGG}

[14:41] {nemo} Waaaaa Waaaaa Waaaaa Waaaaaa Waaaaaaa....I'm devastated :(((

[14:42] {nemo} bounce of .60?

[14:43] {Threei}  not sure

[14:43] {nemo} it bounced slightly but doesn't look too healthy here

[14:44] {dino} titn?

[14:44] {dino} missed

[14:45] {Threei}  06:30am [TITN] Reports Q4 $0.18 v $0.21e, R $189.0M v $175.9Me

[14:45] {nemo} Titan machinery...midwest CAT dealer?

[14:48] {dino} pretty much

[14:49] {cosmo} plxs

[14:49] {cosmo} wall

[14:50] {Threei}  amazing how formerly boring day suddenly turns so much brighter

[14:50] {larisa} why suddenly? I told you..

[14:50] {Threei}  wait... did you mean todsay?

[14:51] {Threei}  I thought we were talking about end of the week?

[14:51] {dino} she's tough on you vad

[14:51] {magoo} vad views trading with the wonderment of a child lol

[14:51] {Threei}  lol, truwe

[14:51] {Threei}  it amazes me that money comes out of nowhere

[14:51] {magoo} crazy but i took 200 goog @ 391

[14:51] {dino} ohh mannn cetv

[14:52] {cosmo} it comes up from the 'zero' point

[14:52] {Threei}  wow WFC

[14:52] {cosmo} $

[14:52] {dino} well money is not "destroyed" simply changes hands

[14:52] {Threei}  held .50 to the cent

[14:52] {magoo} wanna see if they jam it into close

[14:52] {Threei}  and jumped

[14:52] {magoo} ive seen strippers destrofy $$

[14:53] {dino} no magoo, you lose it, they gain it

[14:54] {dino} i have witnessed that w/you

[14:55] {nemo} geez RIMM 45 angle up since yesterday

[14:56] {magoo} out goog 92.37

[14:56] {dino} bkc stop to .57

[14:56] {dino} toughie

[14:56] {magoo} plus good something

[14:56] {magoo} [14:52] {magoo} crazy but i took 200 goog @ 391

[14:56] {Threei}  lol mags, I am still laughing about that

[14:56] {Threei}  [14:51] {magoo} vad views trading with the wonderment of a child lol

[14:57] {magoo} :)

[14:57] {cosmo} gee, buyers...they're coming back into the water 

[14:58] {dino} that is funny

[14:58] {magoo} sure..frustrated at missing move..so chasing with emotions...ah, good times

[14:58] {cosmo} take me to the water....something like that...

[14:58] {Threei}  but don't make me drink?

[14:59] {cosmo} salt water? ...nah

[14:59] {Threei}  rofl

[15:00] {Threei}  making money and having all this fun - it must be illegal

[15:00] {cosmo} not yet

[15:00] {nemo} when Obama outlaws the market

[15:00] {dino} bkc stingy to .61

[15:01] {dino} out bkc 

[15:01] {dino} +.11

[15:02] {magoo} or at least outlawevil daytraders

[15:02] {dino} wmt to .65

[15:03] {dino} nice to see cramer hasn't lost it, his gld is only down 8 pts

[15:04] {nemo} light volume today

[15:06] {dino} above 5 day ave

[15:07] {nemo} ever look at finviz.com, dino?

[15:08] {dino} nope

[15:08] {nemo} take a look, they have running volume indicators for each market...of course, who's right?

[15:08] {dino} whoa

[15:09] {nemo} like that?

[15:09] {dino} ok, will add to fav

[15:09] {nemo} quotes are delayed, but they give you relative points

[15:09] {dino} thx

[15:10] {dino} schw not moving

[15:11] {dino} wmt to .75

[15:11] {dino} pits are panicing, way short

[15:14] {dino} out wmt +.20, dog!

[15:16] {dino} bkc approaches lod

[15:16] {Threei} Long Setup:  FAS  .33 if holding above .30

[15:16] {Threei}  ridiculously tight stop

[15:17] {Threei}  just must try for another leg up

[15:17] {nemo} didn't give it to me

[15:17] {Threei}  anyone got it?

[15:17] {dptl} in .34

[15:17] {dawg} got.34

[15:18] {Threei}  chance for a jump into .45 - .50 area is worth 5 cents risk I believe

[15:19] {dptl} out 1:1

[15:19] {Threei}  offering half .42

[15:19] {Threei}  too greedy?

[15:19] {dptl} ty....welcome :)

[15:19] {Threei}  WFC new high

[15:19] {Threei}  come on FAS

[15:20] {Threei}  out half .42

[15:20] {_jfjf64} ty

[15:20] {Threei}  welcome

[15:20] {dawg} all out .43 ty Vad great call

[15:21] {Threei}  offering second half .49

[15:21] {Threei}  WFC baby

[15:21] {dino} wow shld, 6 bucks

[15:23] {_jfjf64} any break of 20??

[15:24] {Threei}  out last WFC +.40

[15:25] {Threei}  gotta sit this out a little

[15:25] {dino} gj

[15:25] {_jfjf64} k

[15:25] {_jfjf64} head spinnin

[15:26] {dino} watching vivo, bkc again

[15:26] {magoo} WFC

[15:26] {dino} feeding frenzy

[15:37] {dino} thinking  to fool most, hard drop into close

[15:37] {nemo} that would make sense, but then, you think that

[15:38] {nemo} All cretins are liars and I am a cretin

[15:38] {Threei}  WSJ: FED MAY PROVIDE 5 YEAR LOANS TO COMMERCIAL MORTGAGE BACKED SECURITIES INVESTORS; BECOMING LESS ATTRACTIVE IN THE LATER YEARS

[15:38] {Threei}  GOOG

[15:38] {Threei}  YOUTUBE CLOSE TO ANNOUNCING CONTENT DEALS WITH SEVERAL MOVIE STUDIOS - WSJ

[15:39] {Threei}  20 break is ery tempting

[15:39] {Threei}  on WFC, before nemo asks

[15:39] {_jfjf64} k

[15:39] {Threei}  maybe smaller shares

[15:39] {Threei}  risk is enormous as well

[15:39] {dptl} stop .84?

[15:40] {dino} you may be right nemo

[15:40] {Threei}  yeah

[15:42] {nemo} This is going be crazy 

[15:43] {Threei}  going to be?

[15:43] {Threei}  where have you been last half year?

[15:43] {nemo} I'm talkin this 20 minutes

[15:44] {dino} i think i'll sit out rest of day

[15:45] {nemo} yeah you've got incoming and friendly fire overhead

[15:47] {dino} some good ideas today, thx

[15:47] {Threei}  oh boy

[15:47] {Threei}  just saw a line on tv

[15:47] {Threei}  Bo Obama

[15:48] {dino} will be watching wmy, bkc, schw, vivo, titn tomorrow, fwiw

[15:48] {dino} wmt i mean

[15:48] {Threei}  FWIW? no such symbol

[15:48] {nemo} omg

[15:48] {Threei}  OMG - no such symbol

[15:48] {nemo} FYVM

[15:49] {cosmo} but... thats been my bread and butter

[15:49] {nemo} scaaaaaary

[15:49] {nemo} You win so far Dino

[15:51] {dino} but i did not short it

[15:51] {dino} so in words only

[15:51] {nemo} o, as far as the hard down

[15:51] {nemo} well, relatively hard

[15:51] {nemo} oh...never mind

[15:54] {dino} it's (yo)bama

[15:55] {nemo} jobama

[15:55] {dino} jomamma

[15:55] {nemo} my mamma's dead

[15:55] {dino} opps

[15:56] {nemo} sob the market comes back a tad...I was going to say FAS hoppe back in the bollinger bands

[15:56] {nemo} hopped

[15:56] {nemo} So not hard down, hot hard up...figures

[15:57] {nemo} hot=not...your typing skills are rubbing off on me Vad

06[15:57] * nemo slaps nemo around a bit with a large Mavis Beacon Teaches Typing

[15:58] {patience} nemo, you need to get out more

[15:58] {dino} lol 

[15:59] {Threei}  okay guys

[15:59] {nemo} What movie?

[15:59] {Threei}  before you went any more crazy,

[15:59] {Threei}  thank you all,

[15:59] {Threei}  have a good evening

[15:59] {Threei}  see you tomotrrow

[15:59] {larisa} bye all

[15:59] {fernp} good evening

[15:59] {_jfjf64} ty

[16:00] {dptl} have a good evening all

[16:00] {nemo} P&Q

[16:01] {nemo} Playing GOOG Vad?

[16:01] {Threei}  nah

[16:01] {Threei}  watching, yes

[16:01] {magoo} YES OUT GOOG 397

[16:01] {magoo} SCARY

[16:01] {nemo} tht was my next question mags

[16:01] {magoo} in 390

[16:01] {magoo} 200

[16:01] {nemo} cool mags...good for you

[16:02] {magoo} now look

[16:02] {magoo} heart attack

[16:02] {nemo} yeah

[16:02] {magoo} dont try thbayt

[16:02] {magoo} thay

[16:02] {magoo} that

[16:02] {nemo} schizophrenia

[16:02] {magoo} shakin

[16:02] {nemo} bakin

[16:03] {magoo} 'if vad was here he give me an ass wringin

[16:03] {nemo} he is here

06[16:04] * magoo slaps Threei around a bit with a large trout

[16:05] {nemo} what was the report vad?

[16:06] {magoo} drys pop

[16:06] {Threei}  REPORTS Q1 $5.16 V $4.93E, R$4.07B. (EX-TAC) V $4.08BE

[16:06] {Threei}  - Q1 paid clicks +17% y/y, +3% q/q

[16:06] {Threei}  - Q1 international revenue $2.88B, 52% of total revenue vs 51% y/y

[16:06] {Threei}  - Q1 Google-owned web site ads revenues $3.7B, +9% y/y; -3% q/q; 67% of total revenues{

[16:07] {Threei}  DRYS

[16:07] {Threei}  ANNOUNCES COMPLETION OF THE "ATM" EQUITY OFFERING

[16:07] {Threei}  - The company announced today the completion of the ATM Equity Offering(SM) in which the Company raised gross proceeds of approximately $500 million since commencing the offering pursuant to the prospectus supplement filed on January 28, 2009.

[16:10] {dino} great day, thx all for ideas, gotta hop

Apr 15 2009

Boring day ended up pretty much flat - some qwinds and some stops balanced each other out. Didn't have a feel for the market rythm at all so missed this end of day rally. Oh well.

Session Time: Wed Apr 15 00:00:00 2009

[07:50] {Threei}  (US) WHITE HOUSE ECON ADVISER GOOLSBEE: "NOBODY KNOWS THE CURRENT STATE OF THE BANKS"

[07:50] {Threei}  that's very encouraging

[07:51] {nemo}  oops...he told the truth...end of his job

[07:53] {nemo} Hindsight and all...shoulda' just put a short on in DNDN @ 10:15 and come back in the afternoon to close it :)

[07:54] {Threei}  trading off tomorrow's WSJ is the best strategy

[07:54] {nemo} yeah...was a short lived tv show back a few years, where the guy got tomorrow's paper today...but he was noble an helped save lives...sap.

[08:30] {Threei}  APR EMPIRE MANUFACTURING: -14.65 V -35.00E

[08:30] {Threei}  MAR CONSUMER PRICE INDEX M/M: -0.1% V 0.1%E; CPI EX FOOD&ENERGY M/M: 0.2% V 0.1%E;

[08:31] {Threei}  FIRST NEGATIVE US CPI YOY SINCE 1955 - TRADERS

[08:42] {pita} gm everyone

[08:46] {Threei}  pita :)

[08:52] {fernp} Hello everybody

[08:52] {Threei}  fern :)

[08:55] {dino} gm all

[08:55] {Threei}  dino :)

[08:55] {Threei}  magoo is slacking again?

[08:56] {dino} not expecting him until tomorrow

[09:09] {ese} am I in?

[09:09] {ese} guess so

[09:09] {nemo} yeah

[09:09] {Threei}  ese :)

[09:09] {ese} one more day of repreive until my new visa gets here.....

[09:11] {Threei}  DRYS is slightly green

[09:12] {ese} yup ....only thing on my screen that is

[09:13] {ese} other than QID

[09:13] {Threei}  and FAZ :)

[09:14] {nemo} gold and metals green

[09:14] {dino} bkc

[09:14] {nemo} GE slightly green too

[09:15] {Threei}  *MARCH INDUSTRIAL PRODUCTION: -1.5% V -0.9%E; CAPACITY UTILIZATION: 69.3% V 69.9%E

[09:15] {dptl} good morning

[09:16] {Threei}  dp :)

[09:17] {ese} dp

[09:17] {dptl} :)

[09:17] {ese} it's looking sunny in your next of the woods dp

[09:17] {ese} looks beautiful across the straight

[09:17] {ese} from my window at least

[09:18] {Threei}  dp closes curtains in a hurry

[09:18] {dptl} lol....yep looks good here

[09:19] {ese} can you see mount baker from where you are dp?

[09:20] {Threei}  GE reports on Fri

[09:21] {Threei}  C too but C is tainted story

[09:21] {dptl} well..... have to go out side and drive for few min to the spot where i can see it , Ese

[09:21] {ese} ahhhhhhhhh

[09:21] {Threei}  we will wait for you dp

[09:21] {dptl} roflol

[09:22] {Threei}  :)

[09:22] {ese} yup .....go take a look.....looks fab this morning from my vantage point

[09:24] {dino} "fab", oh boy

[09:25] {ese} daily charts on indexes are looking down........can now practise shorting maybe with small lots

[09:25] {Threei}  I don't have clear strategy yet aside of trying to spot unusually strong ones

[09:25] {Threei}  candidates so far are GE, DRYS

[09:25] {magoo} morning

[09:25] {Threei}  magoo :)

[09:25] {Threei}  slacker

[09:25] {magoo} :)

[09:25] {ese} lack of vocabulary dino

[09:26] {dino} :)

[09:27] {_jfjf64} mornin

[09:27] {Threei}  jf :)

[09:27] {ese} jf

[09:28] {magoo} u do well yesterday vad?

[09:28] {Threei}  let's skip first minutes

[09:28] {Threei}  I have no clean setups for opening trades

[09:29] {Threei}  nice thing to see would be GE forming a range between .40 and .55, then breaking it to the upside

[09:29] {dino} 10.59 area big gap ge

[09:29] {Threei}  just want it to happen over 5-15 minutes, not right away

[09:31] {dino} gaps 1300, 825

[09:32] {Threei}  ummmmmmmmmm

[09:32] {Threei}  Prez is to speak later today on a matter of taaxes, with main theme being:

[09:33] {Threei}  restoring the fairness in taxes to end "favoring the wealthy"

[09:36] {dino} not good maket news 

[09:36] {dino} raising cap. gains

[09:40] {Threei} Long Setup:  DRYS  .35 if holding above .20

[09:40] {Threei} Long Setup:  GE  .30 if holding above .20

[09:42] {magoo} in ge

[09:42] {magoo} agress

[09:43] {nemo} in ge

[09:43] {dptl} in ge

[09:43] {Threei}  let's modify DRYS

[09:43] {Threei}  .30 break long

[09:44] {Threei}  want to have tighter stop

[09:44] {dptl} in drys.30

[09:44] {nemo} blew by that

[09:44] {Threei}  1:1 for you dp

[09:44] {magoo} shreesh

[09:45] {dptl} all out drys ty

[09:45] {magoo} out .46 drys

[09:45] {magoo} AWESOME fill

[09:45] {magoo} in .28

06[09:45] * Threei slaps magoo around a bit with a large roll of cash

[09:46] {magoo} unreal fill

[09:46] {Threei}  FEED

[09:46] {ese} nice mags

[09:46] {magoo} fill=feed??

[09:46] {Threei}  continuation from yesterday

[09:46] {Threei}  if you went for that overnight hold, it's coming to 1:1

[09:48] {Threei}  FEED, if you have any,

[09:48] {ese} wanted SCHW......but no place to get in ...no place

[09:48] {Threei}  with any market help looks capable of 4

[09:48] {Threei}  possibly more

[09:49] {dptl} come on ge

[09:49] {pita} too late to enter?

[09:49] {Threei}  not here pita...

[09:49] {Threei}  sharp spike

[09:49] {Threei}  see if we get a pullback

[09:50] {Threei}  you remember yesterday's idea on FEED,

[09:50] {Threei}  that was either scalp for about 15 cents or overnight hold with stop about 30

[09:50] {pita} ok

[09:50] {Threei}  so my comments are for play continuation

[09:50] {Threei}  as a new entry, well... pullback into .50-.60 zone...

[09:51] {Threei}  GE 1:1

[09:51] {dptl} out ge ty

[09:51] {fernp} out GE ty

[09:51] {Threei}  welcome guys

[09:51] {magoo} out GE .43 TY

[09:51] {_jfjf64} ty

[09:51] {Threei}  FEED had news earlier, lewt me dig it out

[09:52] {Threei}  04/15/09 06:55am

[09:52] {Threei}  [FEED] Agfeed Industries Enters hog genetic program arrangement with Hypor (pig breeding division of Hendrix Genetics)

[09:52] {Threei}  - AgFeed's strategic plan calls for development of a platform for the production and sale of approximately 2,000,000 hogs into the Chinese market during 2010-2011.

[09:52] {Threei}  - The key element to this future growth is scientific breeding which is underscored by our arrangement with Hypor.

[09:52] {Threei}  GE 1:2

[09:53] {dino} be stop to .48 ty vad

[09:53] {Threei}  :)

[09:54] {nemo} GE followed FAS slightly

[09:54] {dino} to .58

[09:54] {Threei}  beautiful way to play it dino

[09:54] {ese} L hban .76

[09:54] {dino} out .59, +.29

[09:54] {Threei}  wtg

[09:54] {_jfjf64} nice nice

[09:54] {Threei}  wow ese

[09:55] {Threei}  that's a very risky point of entry

[09:55] {dino} well, risk is his business

[09:55] {Threei}  35 cents almost vertical run

[09:55] {Threei}  why not wait for pullback

[09:56] {Threei}  it's not like I am a stranger to risk as you can gather from my choice of profession...

[09:56] {Threei}  but I want it to be caluclated :)

[09:56] {nemo} what? marriage?

[09:58] {nemo} GE...lotta' resistance at .60 from yesterday

[09:58] {Threei}  jeez... I need to calibrate my scanner tighter, so it doesn't catch this kind of things but for oldtimers, what blast from tha past: DLIA

[09:59] {nemo} DRYS double bottom?

[09:59] {Threei}  that would be triple already

[10:00] {ese} on reflextion ...not the best entry for sure......

[10:00] {nemo} well, tht last one is a tad higher, but....

[10:00] {dptl} feed?

[10:00] {ese} L hban avg .73

[10:01] {Threei}  hard to tell dp, this is not really technically read stock

[10:01] {nemo} BAC Vad?

[10:01] {dptl} ok ty

[10:01] {ese} went after it because of the daily chart......long bottoming tail

[10:01] {Threei}  I am not delighted by BAC

[10:02] {Threei}  HBAN ese?

[10:02] {Threei}  I see whast you mean but why not fine-tune entry by interadayu chart

[10:02] {ese} yes

[10:03] {Threei}  sheesh my typing

[10:03] {Threei}  how do I manage to hit twice as many keys as needed

[10:03] {Threei}  interadayu?

[10:03] {ese} yes i should have wited for this litle pullback

[10:05] {ese} i waited for the qqqq's to show up then went after it....if q's pullback hard i'm in trouble

[10:10] {Threei}  wow

[10:10] {magoo} vad.we in anything

[10:10] {Threei}  what the deuce

[10:10] {fernp} WFC breakot Vad?

[10:11] {nemo} What VAD?

[10:11] {Threei}  let's let the break go, wait for pullback and enter if market continues

[10:11] {Threei}  what what?

[10:12] {_jfjf64} you the boss

[10:12] {nemo} "What the deuce"

[10:12] {Threei}  you don't swee what happened 30 seconds before I said that? :)

[10:12] {Threei}  fern, sharp drop under .40

[10:12] {dino} aipc sm l.20

[10:13] {Threei}  this is what I want to see to enter WFC on strength resupmtion

[10:13] {Threei}  recross of .40

[10:13] {Threei}  with stop under the low of this pullback

[10:13] {nemo} you mean mags comment?

[10:13] {dptl} in wfc .41

[10:14] {dptl} stop .34?

[10:14] {Threei}  yes

[10:14] {Threei}  I mean market spike and FAZ drop

[10:14] {Threei}  no worky

[10:15] {dptl} stopped

[10:15] {ese} out HBAN .82 +.09 on 100000 of the little blighters

[10:15] {larisa} zeros are growing :)

[10:15] {Threei}  one zero too may ese?? :)

[10:16] {nemo} One hundred thousand shares ese?

[10:16] {ese} yes 10000

[10:16] {dino} axys l .25 sm

[10:16] {ese} tks nemo......other risk way out of my line

[10:17] {nemo} I was going to be really impressed

[10:17] {nemo} GE holding up pretty well

[10:19] {Threei}  no continuation to the spike

[10:20] {ese} FITB has the same lookin chart

[10:20] {fernp} lost my internet connection

[10:20] {fernp} any play with GE?

[10:20] {Threei}  if it saved you from WFC, good thing

[10:21] {Threei}  GE forms .60 - .70

[10:21] {fernp} lol

[10:21] {dptl} so long .70 ge?

[10:21] {_jfjf64} ge

[10:21] {Threei}  .71 official trigger

[10:21] {ese} missed it fitb

[10:21] {dptl} in

[10:22] {fernp} in

[10:23] {magoo} in

[10:23] {Threei}  gosh... don't pile up all at once...

[10:24] {nemo} in

[10:25] {dptl} phm?

[10:26] {Threei}  nah

[10:26] {ese} L Drys .30'

[10:26] {nemo} stop on GE vad?

[10:26] {Threei}  [10:21] {Threei} GE forms .60 - .70

[10:27] {nemo} .60 for day trade 65 for scalp?

[10:27] {Threei}  I don't see any significance to .65 as support

[10:27] {Threei}  that would be just an arbitrary stop not based on the chart

[10:28] {dino}  ncty, lufk

[10:28] {magoo} l aapl .55

[10:30] {ese} full lot mags

[10:30] {magoo} 350 sh

[10:31] {ese} am following aapl alot trying to learn how to trade it.......keep getting burnt there....for real and papper trades

[10:31] {magoo} no go

[10:32] {ese} drys ain't lookin too good either

[10:32] {magoo} it follows q ..mkt for most part

[10:32] {magoo} duped me tghere

[10:35] {dino} i hate trading appl

[10:37] {ese} drys stopped....^%$&#^   .19 -.11

[10:38] {ese} i may get to that with that stock dino

[10:40] {nemo} could you kick the market Vad?

[10:41] {pita} still in GE with stop @ .60?

[10:41] {dino} gj pita

[10:41] {ese} drys has a good lookin daily chart........cup and handle lookin thing

[10:41] {Threei}  I would say just under .60, pita

[10:41] {pita} k

[10:42] {dino} ncty sm l .82

[10:52] {magoo} ge no work

[10:53] {dptl} ksu?

[10:54] {nemo} god bless you

[10:54] {Threei}  chart is right dp, I just don't see this market as breakout-favorable

[10:55] {nemo} stopped

[10:55] {dptl} stopped ge

[10:55] {fernp} stopped GE

[10:55] {nemo} stopped

[10:55] {_jfjf64} ditto

[10:56] {dino} esrx risky, sm s .31

[10:57] {dino} bstop is .63

[10:58] {dino} deck

[11:00] {Threei} Short Setup: DNDN  .85 if stays below 17

[11:00] {Threei}  unavailable

[11:00] {Threei}  oh well

[11:01] {dptl} ip interesting

[11:02] {dino} ncty stop tightern to .58 not working

[11:02] {fernp} DRYS breakdown?

[11:03] {Threei}  hmmm

[11:03] {Threei}  not really delighted

[11:03] {Threei}  DNDN 1:1

[11:04] {Threei}  anyone got it with other brokerage?

[11:04] {dino} ncty stopped -.27 slippage

[11:04] {fernp} DNDN unavailable here

[11:05] {Threei}  too bad

[11:05] {nemo} ge short .54?

[11:06] {Threei}  not sure

[11:07] {dino} esrx to b/e

[11:07] {Threei}  DNDN over 1:2

[11:07] {Threei}  painful, isn't it

[11:08] {_jfjf64} y

[11:09] {Threei}  1:3

[11:09] {nemo} not funy

[11:09] {Threei}  is 1:4 funny?

[11:09] {_jfjf64} oh boy

[11:10] {dptl} yeah and no Dave to slap :)

[11:10] {dino} esrx stopped +.07

06[11:10] * nemo slaps Threei around a bit with a large large list of unavailable stocks to short

06[11:10] * Threei slaps MIA lasredave around with big alarm clock

[11:10] {dptl} lol

[11:10] {nemo} GE break of .60?

[11:10] {ese} drys filled yesterdays gap......

[11:11] {Threei}  nah

[11:11] {dino} lufk sm l .80

[11:13] {Threei}  ok, whatever you do - do not, I repeat, do not look at DNDN

[11:13] {nemo} nice

[11:15] {vinod} good morning

[11:16] {dino} darn esrx stop too tight

[11:18] {Threei}  vinod :)

[11:19] {Threei}  full dollar DNDN

[11:19] {Threei}  but we agreed not to look

[11:20] {dino} aipc stopped major slip -.38]

[11:20] {magoo} dammit...i held out till now...now just looked:)

[11:20] {Threei}  lol

[11:20] {Threei}  seems bottomed

[11:21] {larisa} whats with UAUA ?

[11:21] {dptl} ye all airlines heppy for some reason

[11:21] {Threei}  11:02am [AMR] Reports Q1 -$1.35(incl $0.05 charge) v -$1.68e, R$4.84B v $4.73Be

[11:22] {dptl} oh that

[11:22] {magoo} i hit DNDN long on your mention .09

[11:24] {larisa} I think LLTC reports in 10 minutes or so

[11:24] {dptl} .20 long dndn if stays above .10?

[11:26] {Threei}  yes

[11:26] {Threei}  lol

[11:26] {magoo} im out .38 here TY boss

[11:26] {dptl} lol

[11:26] {Threei}  welcome mags

[11:26] {cosmo} SOLR patiently waiting for market to bottom

[11:27] {cosmo} 7.23 hod

[11:27] {cosmo} oops

[11:28] {Threei}  nice salmonish action

[11:28] {cosmo} got impatient tho

[11:30] {ese} L drys .22 

[11:30] {ese} same couple of lots

[11:31] {_jfjf64} GE?

[11:32] {Threei}  don't know

[11:32] {Threei}  looks riight, but whipsaws everywhere

[11:33] {_jfjf64} Y

[11:34] {ese} i've got alot of solar stocks that i've been monitoring cos.....thats just a matter of time....I do have 3000shs of eslr for a long term hold....my 3 to 4year target is $35 to 45 

[11:35] {Threei}  that far exceeds my math abilities

[11:35] {cosmo} lets hope...

[11:35] {dino}  gl

[11:35] {ese} it me a while to do it on eslr for sure

[11:35] {dino} bkc l .40

[11:37] {ese} "it took"    how about typing what your thinking ese....man

[11:38] {dino} funny thing, i understood

[11:38] {Threei}  scary too

[11:38] {ese} ohhhhhh oh!!!!

[11:39] {Threei} Long Setup:  RIMM  .30 if stays above .15

[11:39] {nemo} too fast

[11:40] {dptl} in.31

[11:40] {Threei}  second chance

[11:40] {nemo} in

[11:42] {magoo} in

[11:43] {dino} pcln wants 85 area strike

[11:45] {Threei}  sh*t

[11:45] {Threei}  Prez on TV in 10 min

[11:45] {dino} out bkc .53, +.13

[11:46] {Threei}  you better work fast RIMM

[11:46] {Threei}  stop to under .20

[11:46] {nemo} You need to put stickys on your monitors

[11:47] {Threei}  with this frequency of appearances I won't see the monitor

[11:47] {pita} he does like the cameras

[11:47] {nemo} I'm going for the vodka

[11:47] {dino} (yo)bama

[11:49] {nemo} obamanibal

[11:49] {dino} yesterday he talked and we lost 70 dji points, any bets today

[11:50] {vinod} Prez on TV and market goes down?

[11:50] {dino} yes

[11:50] {Threei}  that's the pattern so far vinod

[11:50] {Threei}  like clockwork

[11:50] {Threei}  didn't work maybe once or twice

[11:50] {dino} he'll be bashing the speculators and wealthy today. forgets capitalism is all basec on speculation

[11:51] {dino} based

06[11:51] * Threei kicks RIMM in the rear with steel-toe heavy duty army boots

[11:52] {nemo} Been a while since you and those out

[11:52] {nemo} you had those out

[11:52] {dino} your nose out

[11:52] {Threei}  they already showed podium on TV

[11:53] {magoo} im out

[11:53] {dino} ndx btw filled 4/8 gap

[11:53] {magoo} not risking it

[11:53] {magoo} + .01

[11:53] {Threei}  don't spend it all at once mags

[11:53] {vinod} Prez going to join Tea party?

[11:53] {Threei}  lol

[11:53] {dino} thinking, attacking the rich, will insurers benefit

[11:54] {magoo} lunch $$

[11:54] {Threei}  what's the logic behind it dino?

[11:54] {nemo} should we put the stop under .25 with the pres coming

[11:54] {dino} life insurance is not taxable to the estate if estate is not the beneficiary

[11:55] {Threei}  I think it's reasonable nemo

[11:55] {dptl} .25?

[11:56] {Threei}  yeah

[11:56] {dino} med cos. geeting hit again

[11:56] {dptl} ok dok

[11:56] {Threei}  last pullback bottomed out at .27

[11:56] {Threei}  so let's be anal-retentive

[11:57] {magoo} anal - resentment}??

[11:57] {dino} lufk stopped -.31

[11:58] {ese} drys stop to break even .22

[11:58] {dino} damn rinse again

06[11:58] * Threei pokes RIMM with electrocharged sharp stick

[11:59] {ese} that should work

[11:59] {Threei}  unless it sends it into shock

[11:59] {nemo} I got out @ .35, don't trust Obama

[11:59] {Threei}  you don't???

[11:59] {Threei}  I am shocked

[11:59] {nemo} call me paranoid

[11:59] {Threei}  stunned I am telling you

[12:00] {nemo} Wanna' be stunned...should see me in a speedo...NOT!

[12:00] {Threei}  that would leave me blind

[12:00] {Threei}  burned retina

[12:00] {nemo} I tend to have a Medusal effect

[12:01] {dino} he'll be his usual 20 min. late

[12:02] {vinod} out rimm 0.35

[12:02] {Threei}  here he is

[12:02] {Threei}  PRESIDENT OBAMA: US SHOULD CUT TAX BURDEN ON WORKING PEOPLE

[12:02] {dino} we were at +41 dji

[12:03] {Threei}  I suspect the trick is in definition "working"

[12:04] {Threei}  ADVISIOR VOLKER PLANS TO RELEASE REPORT ON TAX CODE LATER THIS YEAR

[12:04] {Threei}  - Vows to press ahead with simplifying tax code.

[12:04] {Threei}  - Reiterates his pledge to maintain fiscal discipline, cut $2T in spending within 10 years.

[12:05] {Threei}  we are holding so far

[12:09] {Threei}  lol, DNDN made a dollar in another direction as well

[12:10] {Threei}  dam is broken

[12:10] {Threei}  out RIMM +.11

[12:11] {Threei}  prez is done

[12:12] {nemo} well that was relatively painless

[12:12] {nemo} ese, you play fitb this morning?

[12:12] {Threei}  no substance to the speech, so market didn't react

[12:12] {Threei}  just a political stunt

[12:12] {dptl} still half in rimm

[12:13] {nemo} look at GE

[12:13] {Threei}  I don't think you have that much patience dp, I think you simply fell asleep

[12:14] {dptl} lol

[12:14] {dino} sm l deck .50

[12:15] {dptl} ok out

[12:19] {Threei}  since the beginning of the current recession, the federal government has spent, lent or pledged $13 trillion on various economic recovery efforts.

[12:19] {Threei}  How big is that number?

[12:19] {Threei}  Well, if you were to spend a dollar every second, it would take 412,000 years to blow through $13 trillion.

[12:24] {dino} see, thats a problem, my calculators only go to 10 million

[12:24] {Threei}  mine too, but even that is too much - my natural limitations keep me at 100,000...

[12:28] {pita} RIMM double bottom?

[12:29] {Threei}  no pattern really

[12:29] {Threei}  just meaningless noize

[12:29] {dino} algt

[12:30] {Threei} Long Setup:  FAZ  .07 if stays above 11

[12:31] {Threei}  for a day trade - if syas above .90

[12:33] {Threei}  so far, narrow, boring and empty day

[12:33] {Threei}  15 points NQ range

[12:34] {_jfjf64} FAZ INVALIDATED???

[12:34] {Threei}  ouch

[12:34] {Threei}  don't scream at me please... I am easily scared

[12:34] {_jfjf64} LOL

[12:34] {Threei}  yes, unless goes through new consolidation

[12:35] {nemo} Great...had lunch and din't miss anything

[12:35] {Threei}  lol

[12:35] {nemo} GE vad?

[12:35] {Threei}  don't know

[12:35] {Threei}  want a strange play?

[12:36] {nemo} yeah, me neither, that's why I asked you

[12:36] {Threei} Long Setup:  UBS  11 break

[12:37] {magoo} in

[12:40] {nemo} what's the stop on UBS, Dude?

[12:40] {nemo} a breakout at lunch?  mmmmmhhhh

[12:41] {Threei}  for hardcore scalpers closest support, .95... but those already had their 1:1

[12:41] {Threei}  otherwise under .90

[12:42] {dptl} oh just stepped away for sec and missed that one

[12:44] {dptl} may be now?

[12:44] {Threei}  with strength resumption

[12:44] {dptl} ok

[12:44] {Threei}  watch FAS for help

[12:45] {Threei}  there you go

[12:45] {dptl} ok in .01

[12:45] {larisa} I am starting new business : diapers for daytraders, that will have quotes, scans and let you stare at your monitor without interraptions 24/7 :) 

[12:45] {Threei}  sounds like a winner

[12:46] {ese} HEY!!!!!!! GUESS WHAT???? I'M LONG FITB .754!!!  GONNA SCALE BY WAY IN EHHHHHH!!!!!

[12:46] {nemo} I keep my treestand bottle next to my desk

[12:46] {nemo} ese...skip your medication this morning?

[12:46] {dptl} stop under .90 for me

[12:47] {ese} ahhhhhhhh.....i think i did.....yes.....i did

[12:47] {ese} let me take care of that right now.........

[12:47] {nemo} scaaaarrrrryyyyyy.....

[12:47] {dino}  ip, oc, pjc

[12:47] {ese} HOWS THAT!!!!!

[12:47] {Threei}  PREVIEW: APRIL NAHB HOUSING MARKET INDEX DUE OUT AT 1PMET

[12:47] {Threei}  **consensus expectation: 10e v 9 prior

[12:47] {Threei}  - estimates range from 8 to 12

[12:47] {Threei}  - the index hit a record low of 8 in Jan 2009.

[12:48] {ese} drys is ticking me off though.....

06[12:49] * nemo kicks drys with spiked steel toe army boots for ese

[12:50] {ese} tks

[12:50] {ese} could use all the help it can get

[12:50] {dptl} ge?

[12:50] {Threei}  don't know

[12:50] {nemo} I asked dp, got the same answer

[12:51] {dptl} :)

[12:52] {Threei}  what a yawner of a day

[12:53] {dptl} may be ubs don't know it has to look at fas?

[12:53] {ese} i'm likin the fitb is lookin."as he say sheepishly"...not wanting to up set the master

[12:54] {nemo} GE gettin' uppity

[12:54] {ese} way ftib is lookin

[12:54] {Threei}  I actually scalped it ese :)

[12:55] {ese} nice......may i ask how

[12:55] {nemo} RIMM break of .40?

[12:55] {Threei}  was a bit late... .78 - .85

[12:55] {ese} beauty ...how shs

[12:55] {Threei}  RIMM, I am not sure... I'd expect much wider action from this one

[12:56] {Threei}  way too narrow today

[12:56] {nemo} maybe calming down after that last couple of weeks

[12:56] {Threei}  we tightened stop on it to 5 cents (!) and didn't get stopped

[12:56] {Threei}  do you remember RIMM honoring such stops ever?

[12:57] {nemo} look @ the pretty C&H between 11:10 ad 11:30 on wfc

[12:57] {nemo} nice volume drop off on the handle

[13:00] {dptl} wow...

[13:00] {dptl} now what?

[13:00] {Threei}  APR NAHB HOUSING MARKET INDEX: 14 V 10E

[13:03] {ese} closed out fitb .83 +.08 and drys .09 +.07

[13:03] {dptl} Vad should i trail ubs stop to under .94 now?

[13:03] {Threei}  sure

[13:03] {dptl} ok ty

[13:04] {Threei}  doesn't behave afer that initial spike

[13:04] {Threei}  case of not only "the first break is the best break", but also "first break is the only break", lol

[13:05] {nemo} the first break was an inverted hammer...not good by Japanese standards

[13:05] {nemo} RIMM you SOB!

[13:07] {ese} am outta here for the day everyone....see you all tomorow....definately a blast hangin with you all

[13:08] {Threei}  take care ese, we like you too

[13:08] {ese} see ya vad

[13:08] {Threei}  group hug

[13:08] {nemo} oy

[13:08] {Threei}  flowers fall from the sky

[13:08] {nemo} manna from heaven

[13:08] {nemo} birds singing

[13:08] {nemo} lion and antelope nestle together on the plain

[13:08] {Threei}  Mozart in the background

[13:08] {nemo} democrats and republicans become drinking buddies

[13:09] {nemo} oh, shit, that's in Hell.

[13:09] {dptl} stopped ubs

[13:09] {Threei}  Arafat cries on the shoulder of Netanyahu

[13:09] {nemo} He's dead

[13:09] {nemo} RIMMM!!!!

[13:10] {dptl} -.09 ubs

[13:13] {dptl} see?

[13:13] {Threei}  see what?

[13:14] {magoo} here comes the lecture he he

[13:14] {dptl} lol.....30 with .20 stop?

[13:14] {Threei}  rofl, you mean stock SEE??

[13:15] {dptl} roflol yeah

[13:15] {magoo} oh..lol

[13:16] {Threei}  ok, that one goes down in the hall of fame

[13:16] {Threei}  and no, I don't like this break

[13:16] {vinod} vad -still holding Feed and F?

[13:16] {dptl} ok ty :)

[13:16] {Threei}  FEED no, sold on a spike over 1:1 earlier

[13:17] {Threei}  F, I haven't played it this week at all

[13:17] {vinod} thanks

[13:17] {dino} bkc l .05 

[13:20] {vinod} when I has no work at job market is boaring

[13:21] {vinod} and when there is lots of work market is exiting and i can't play

[13:21] {nemo} Murphy's corrollary

[13:22] {dptl} ok,going for a smoke

[13:22] {Threei}  WHITE HOUSE: STRESS TEST RESULTS TO BE RELEASED IN MAY IN A 'COORDINATED' METHOD

[13:22] {Threei}  what a bullcrap

[13:22] {nemo} taurine excrement

[13:23] {Threei}  I've never seen such open admission of manipulation of public perception

[13:23] {vinod} what happen to april?

[13:23] {nemo} I thought you lived in the Soviet Union?

[13:24] {Threei}  "we will show tyou the bits and pieces of carefully crafted information in order to create certain impression in you" - and it's being said openly

[13:24] {vinod} it is my dream to visit there

[13:24] {Threei}  I did... and no one ever said there "yes we manipulate your perception"

[13:24] {Threei}  visit what vinod? Soviet Union?

[13:24] {Threei}  I have bad news for you then

[13:25] {vinod} yes soviet union

[13:25] {Threei}  you are 20 years late

[13:26] {Threei}  Conquest Vacation is out of business today

[13:26] {Threei}  one of biggest travel agencies in Canada

[13:27] {Threei}  PREVIEW: PREVIEW: FED'S BEIGE BOOK SURVEY OF REGIONAL ECONOMIC CONDITIONS TO BE RELEASED AT 2PMET

[13:28] {Threei}  what is it you want to see there vinod?

[13:36] {magoo} we in anything boss?

[13:36] {Threei}  coma

[13:37] {magoo} u make good dough yesterday without magoo?

[13:37] {Threei}  much better than today

[13:37] {Threei}  so I'd think it's your fault

[13:38] {nemo} Principle:  Always blame the guy who isn't there so he can't defend himself

[13:39] {vinod} vad-Too many good stories was going on Indian TV about USSR when I was child

[13:39] {vinod} Lot to do with political relation

[13:39] {Threei}  well... I hate to rain on your parade but they were lies :)

[13:40] {nemo} BKC dino...

[13:40] {Threei}  if you go though, see St Petersburg first of all

[13:40] {dino}  in it a bit high

[13:41] {vinod} Now a day it is all about Israel. 80K visiting India/year

[13:42] {vinod} will see you tomorrow

[13:42] {Threei}  take care vinod

[13:44] {Threei}  GM

[13:44] {Threei}  CONFIRMS BLACK OAK PARTNERS IS AMONG A GROUP BIDDING FOR SATURN ASSETS; NOTES THERE ARE MULTIPLE BIDDERS FOR THE SATURN BRAND

[13:44] {Threei}  - GM plans to give an update to its dealers in the next two weeks

[13:45] {Threei}  I must be from another planet

[13:45] {Threei}  I can't understand who would want Saturn

[13:46] {Threei}  wow RIMM

[13:46] {Threei}  should be a bounce soon

[13:46] {dino} why would anyone want saturn, it's never made money

[13:46] {Threei}  and ugly

[13:46] {Threei}  and crappy car

[13:49] {Threei}  speaking of cars...

[13:49] {Threei}  fighting temptation to switch from my beloved Murano to Infiniti FX 35...

[13:50] {_jfjf64} Q45 BIG GUY

[13:51] {Threei}  nah, not my type

[13:51] {Threei}  FX on the other hand...

[13:51] {_jfjf64} WIFE DRIVES FX   LOVES IT

[13:52] {Threei}  could you turn caps down please? :)

[13:52] {Threei}  told you I am easily scared, lol

[13:52] {_jfjf64} lollol

[13:52] {Threei}  I love FX... amazingly personalized car, totally feels like there is just one copy built for you

[13:53] {Threei}  in absence of roads to utilize its power, find it hard to justify the additional expense and fuel-non-economy... :)

[13:54] {Threei}  so it's reason vs emotions

[13:54] {_jfjf64} low

[13:56] {magoo} beige bk in few?

[13:56] {Threei}  yes

[13:56] {Threei}  4 min

[13:56] {Threei}  aka lately as beige book with black pages

[13:58] {dino} lufk

[14:00] {Threei}  FED'S BEIGE BOOK: NATIONAL ECONOMY CONTRACTED SLOWER IN 5 OF 12; REMAINED WEAK 2PM

[14:01] {_jfjf64} axp on mission

[14:01] {Threei}  HOUSING MARKETS HAD SIGNS OF WEAK STABILIZATION

[14:01] {Threei}  - Credit remained tight across regions;

[14:01] {Threei}  what's with it?

[14:02] {Threei}  REPORTS MARCH MASTER TRUST; NET CHARGE OFFS 8.8% V 9.3% M/M, 8.3% IN JANUARY

[14:02] {Threei}  - Delinquencies:

[14:02] {Threei}  - Owned basis 30 days past due 5.1% of total loans v 5.3% m/m

[14:02] {Threei}  - Managed Basis 30 days past due 5.1% v 5.3% m/m

[14:03] {Threei}  V followed the suit

[14:07] {Threei}  19 break long

[14:07] {Threei}  if stays above .90

[14:07] {dptl} ?

[14:07] {Threei}  AXP

[14:07] {Threei}  sorry

[14:08] {nemo} oh well

[14:08] {nemo} I almost bought V

[14:10] {dino} out deck .90, +.40 all day

[14:10] {larisa} nice

[14:11] {dino} ty

[14:12] {dino} thing falls fast

[14:12] {Threei}  - A few regions saw indications that economic activity was stabilizing at a low level; manufacturing continued to decline in most districts; auto dealers continued to struggle in March.

[14:12] {Threei}  - non financial services continued contraction across districts; retail spending 'sluggish'; signs of slight imporvement in sales.

[14:12] {Threei}  - Pressures on prices were to downside.

[14:12] {Threei}  - Non residential real estate continued to deteriorate with demand falling for office, industrial, and retail space

[14:17] {dino} deck lods

[14:18] {dino} lufk too

[14:20] {Threei}  what a chaos

[14:20] {nemo} Mmmmmmhhhhh....Get Smart

[14:21] {dino} whacko markets today again

[14:21] {nemo} Bounce scalping in the 3-4 hour

[14:22] {dino} deck drops buck in 7 minurtes

[14:23] {dino} markets are just instant reactions to news anymore

[14:25] {nemo} LOD on RIMM .11

[14:27] {Threei}  DECK looks bouncy to you dino?

[14:30] {dino} was just thinking that

[14:31] {dino} lufk too

[14:33] {dino} sm l lufk .80

[14:33] {dino} my entries suck this week

[14:41] {dino} lufk stopped

[14:41] {dptl} ge short?

[14:41] {Threei}  don't know

[14:43] {Threei}  DECK not making new lows with NASDAQ anymore

[14:43] {Threei}  could be ready for bounce when NASDAQ reverses

[14:44] {dptl} spread

[14:45] {Threei}  US HOUSE PANEL TO REPORTEDLY HOLD A MEETING ON RESOLUTION AUTHORITY ON MAY 5, 6 FOR SYSTEMICALLY IMPORTANT COMPANIES - UNCONFIRMED REPORT

[14:57] {magoo} stalking anything boss?

[14:58] {Threei}  WFC

[14:58] {dino} intc

[14:58] {Threei}  DECK

[15:00] {magoo} ok

[15:02] {dino} you get deck vad

[15:02] {Threei}  yeah

[15:03] {dino} waited 58.70, no fill

[15:03] {Threei}  I took .82

[15:04] {_jfjf64} ??

[15:04] {Threei}  I have no idea how you define exits on these dino

[15:04] {Threei}  not my kind at all

[15:05] {dino} lufk 29s

[15:05] {dino} .50 hard to get thru imo, so under that

[15:06] {nemo} crissakes RIMM

[15:06] {Threei}  whatever, I am out .34 and .32

[15:06] {dino} but usually .40 up, hard stop and let it trade

[15:06] {Threei}  I can't read these things :)

[15:06] {Threei}  that was trade in your name

[15:09] {dino} partial .70

[15:12] {dino} giddy-up

[15:12] {magoo} AXP high

[15:13] {magoo} wfc high

[15:13] {magoo} bac high

[15:15] {magoo} financials acting like good report coming in jpm

[15:17] {magoo} who is the one named magoo of which all of you ignore?

[15:18] {Threei}  that's a very complicated questiona

[15:19] {dino} some dork

[15:19] {Threei}  frkin WFC

[15:19] {magoo} all those stox ripped higher

[15:20] {dino} look at bkc rebound

[15:21] {dino} two days of rinse r oni for me

[15:21] {magoo} im up huge

[15:22] {Threei}  congratulations

[15:22] {magoo} nah

[15:22] {magoo} just in a zione'

[15:22] {magoo} zone

[15:22] {magoo} still cant type

[15:22] {Threei}  next time if you don't share your entries and come back bragging of your gains, I'll slap the living hell out of you

[15:23] {Threei}  on the day when I am cold as cucumber, no help whatsoever

[15:23] {Threei}  actually... why wait for the next time

06[15:23] * Threei slaps magoo around a bit with a large trout

[15:23] {magoo} [15:13] {magoo} AXP high

[15:23] {magoo} [15:14] {magoo} wfc high

[15:23] {magoo} [15:14] {magoo} bac high

[15:23] {magoo} [15:16] {magoo} financials acting like good report coming in jpm

[15:23] {magoo} [15:18] {magoo} who

06[15:23] * Threei slaps magoo around a bit with a large roll of cash

06[15:23] * Threei slaps magoo around a bit with a large chart of uptrending market

[15:24] {Threei}  ok, feeling better

[15:24] {magoo} glad to help

[15:27] {magoo} look long JPM next pullbk

[15:27] {magoo} close to 32

[15:27] {magoo} half lot..trisky

[15:29] {Threei}  today is a mess... I can't get a firm grip on the rythm

[15:30] {magoo} mkts are so whippy anymore

[15:30] {dino} same here

[15:30] {magoo} i took jpmn

[15:30] {magoo} jpm

[15:31] {magoo} in .25

[15:31] {magoo} stop .97

[15:31] {dino} careful

[15:31] {magoo} not liking it with futes falling

[15:35] {magoo} really need mkts to blast off here

[15:37] {Threei}  can't believe it... you know how I finish the day, money wise?

[15:37] {Threei}  up $4

[15:37] {Threei}  4.00

[15:37] {Threei}  rofl

[15:37] {magoo} 400 hundred

[15:38] {Threei}  why did I even wake up today?

[15:38] {dino} 46 here

[15:38] {magoo} to hang with magoo

[15:38] {Threei}  that must be it

[15:39] {Threei}  laserdave, you here?

[15:39] {laserdave} howdy

[15:39] {Threei}  please submit my today's profit to the fund of salvation of Amazon rainforest

[15:39] {Threei}  I want to make those $4.00 useful;

[15:40] {magoo} JPM

[15:40] {Threei}  good one mags

[15:40] {magoo} looking for .60 area

[15:41] {dino} deck to .19

[15:42] {dino} to .28

[15:42] {magoo} theres .30 cents regardless

[15:42] {dino} to .37

[15:42] {dino} to .40

[15:43] {Threei}  jeex AXP

[15:43] {dino} out +.67

[15:43] {Threei}  wtg dino, you did much better on it that I

[15:43] {dino} thats how 3i

[15:43] {dino} lock in .40, then trail tight

[15:43] {dino} well that added 300

[15:47] {dino} they need to stop publishing the efficient market theory books

[15:47] {Threei}  they can't... that would mean they need to write new ones

[15:50] {magoo} stop on jpm is now .25 flat'

[15:50] {magoo} want .60 area

[15:52] {magoo} .61 

[15:52] {magoo} .65

[15:52] {magoo} out .67

[15:52] {magoo} ty vad

[15:52] {Threei}  wtg

[15:53] {magoo} wtg= what the goo

[15:53] {magoo} goo=magoo

[15:56] {fernp} good evening. see you all tomorrow

[15:56] {magoo} cu fernp

[15:56] {Threei}  take care fern

[15:56] {Threei}  quite amazing rally at the eod

[15:56] {Threei}  for the world of me I didn't see it coming

[15:57] {dptl} have a good evening all

[15:57] {larisa} bye all :)

[15:57] {Threei}  take care larisa

[15:57] {magoo} bye u 2

[15:57] {dino} take care all

[15:57] {Threei}  thank you all

[15:58] {Threei}  have a good evening, see you tomorrow

[16:00] {Threei}  (US) TREASURY: WON'T CALL CHINA A CURRENCY MANIPULATOR

[16:00] {Threei}  {China} what a relief... we were so scared