Jun 10 2009

Very nice day with ESLR run as a main dish. Stock perfectly set up for three styles with single trigger: for scalpers, day traders and swing traders. All three are in the money, with day traders getting 1:4 risk/reward and swing traders taking first partial and securing the rest by trailing stop.

Session Time: Wed Jun 10 00:00:00 2009

[08:17] {vinod} GM to all

[08:18] {vinod} will be back at 9.30

[08:25] {Threei}  Good morning

[08:30] {Threei}  *(US) APR TRADE BALANCE: -$29.2B V -$29.0BE

[08:30] {pita} greetings

[08:31] {fernp} good morning everybody

[08:31] {Threei}  pita, fern :)

[08:32] {Threei}  anyone sees any news on ESLR?

[08:33] {ese} good morning

[08:33] {ese} was just looking at ESLR

[08:34] {Threei}  ese :)

[08:34] {ese} up .20   .....i still have a long position there 6k from a while back at 3.38

[08:34] {Threei}  you investor you

[08:35] {ese} i know.....just couldnt resist

[08:36] {ese} it has enough future work/contracts to put that stock somewhere between$30/40 bills

[08:36] {vinod} I have 3K eslr cost is 4.10

[08:37] {ese} hey V

[08:37] {ese} this one is a long term hold for sure

[08:38] {vinod} ESLR is closer to my home

[08:38] {ese} ahhhh  .....what do you know about V

[08:39] {ese} about them

[08:39] {nemo} transaction revenue, holds no consumer debt

[08:39] {vinod} lots of friend wotk there and working 7/24 very busy

[08:39] {vinod} but stock keepgoing down

[08:40] {ese} morning nemo

[08:41] {nemo} I thought you were asking about "V" ese.  ESLR has heavy debt burden

[08:41] {vinod} Nemo:):)

[08:41] {nemo} vino :)

[08:42] {ese} I think most solar companies do have heavy debt.......still an industry in it's infancy

[08:42] {vinod} they depend on goverment handout

[08:42] {nemo} don't disagree, but the ability to get credit becomes the bigger issue

[08:43] {ese} for sure

[08:44] {nemo} so you had the double whammy of credit and oil price collapse.  Oil is back, credit not yet

[08:44] {vinod} raising oil will drive solar stock

[08:44] {nemo} already has, look at oil in comparison to tsl and stp

[08:47] {vinod} for solar i prefer TAN instead of any perticular stock

[08:48] {ese} why is that V

[08:48] {vinod} it is ETN little less risk than individual stock

[08:49] {nemo} Mmmmmhhhh...Vinod talking about less risk...glad I'm sitting down

[08:49] {vinod} after taking pounding in ESLR

[08:50] {nemo} yeah

[08:50] {nemo} but eslr took a pounding when everything else took a pounding

[08:51] {vinod} they lost 45Mil in LEH bankrupcy

[08:51] {nemo} oh yeah...remember those

[08:52] {vinod} other wise stock was around 9-12

[08:52] {nemo} those were shares pledged for debt if I remember correctly

[08:52] {vinod} yes

[08:53] {ese} oh ya....forgot about that nemo.....LEH too them for a ride there

[08:53] {ese} took

[08:53] {vinod} they replaced that money with hifh interest rate and tough term

[08:54] {nemo} yeah, Lehman did even kiss them behind the ear

[08:54] {magoo} morning

[08:54] {vinod} and stock went to around a buck and i was cooked

[08:54] {nemo} neat timing Mags

[08:55] {Threei}  magoo :)

[08:55] {magoo} hey guyus

[08:55] {magoo} sigh

[08:56] {magoo} guys

[08:56] {_levelseven} good morning RT's

[08:56] {Threei}  l7 :)

06[08:56] * nemo slaps _levelseven around a bit with a large trout

[08:57] {_levelseven} ouch

[08:57] {nemo} it's just a fish l7...not like the 2x4 Mags uses on me

[09:00] {_levelseven} 鱼味道不如木材

[09:00] {nemo} nemo me impune lo quesit

[09:00] {_levelseven} this translation thing is cool

[09:01] {nemo} where?

[09:01] {_levelseven} wasnt my ealier post in chinese?

[09:01] {nemo} yeah...where did you find the translation thing?

[09:02] {_levelseven} right below the text box

[09:02] {_levelseven} 鱼味道不如木材

[09:02] {Threei}  that's mibbit thing nemo

[09:02] {Threei}  not mirc

[09:02] {nemo} ahhhh...I have mirc

[09:02] {_levelseven} shhhh, maybe everyone will think im smart knowing so many languages

[09:03] {nemo} You're here dude, no way

[09:03] {_levelseven} lol

[09:05] {vinod} nemo take a look at SAY in your spare time

[09:06] {nemo} the charts, or do fundamental research?

[09:06] {vinod} fubdamental-i know company good 

[09:06] {nemo} was that the guy who tried to finance his son's company

[09:07] {vinod} yes, now it is sold to good people 

[09:08] {nemo} closed above resistance from April 6 yesterday, had falling volume on the recent pullback

[09:08] {Threei}  nothing on ESLR still

[09:08] {Threei}  I like that actually

[09:09] {nemo} Gapped up yesterday, would want to see it maintain that gap

[09:09] {Threei}  if it starts climbing on now news, it could be sustainable move

[09:11] {nemo} strong this morning Vinod

[09:12] {vinod} yes, i expect 10 with in six month. i got in at 2.10

[09:13] {vinod} has 17000 us mployee

[09:13] {nemo} I remember when you played it right after the bad news.  You made a killing

[09:14] {vinod} they are working on cyber crime with us goverment

[09:14] {nemo} I'm kinda' ambivalent about that :)

[09:15] {ese} what stock are you referring to V?

[09:15] {vinod} SAY

[09:15] {Threei}  let's assume ESLR starts serious move and look how to play it

[09:15] {ese} ok

[09:15] {Threei}  early stage of reversal usually gives nasty pullbacks

[09:15] {nemo} you get that E?

[09:16] {Threei}  so let's try to get in on one of those

[09:16] {Threei}  sharp selling under 2.10, possibly closer to 2

[09:16] {ese} yes

[09:16] {vinod} under 2.10 for ESLR?

[09:17] {Threei}  worth a try

[09:17] {Threei}  as usual, if it drops here:

[09:17] {Threei}  watch for stall, stabilization, signs of strength

[09:18] {Threei}  If no pullback and it forms consolidation near the high, will re-evaluate

[09:18] {_traderw} goodmorning

[09:18] {nemo} V...SAY right @200 day

[09:19] {Threei}  traderw :)

[09:19] {jfjf64} mornin

[09:19] {Threei}  jf :)

[09:19] {Threei}  SQNM nice pullback

[09:20] {Threei}  let's let it settle down and watch for signs of strength resumption

[09:20] {jfjf64} like takin candy  from  baby   lol lol lol

[09:22] {vinod} vad-said yesterday SQNM at 4.50 a buy

[09:22] {jfjf64} 3.70

[09:23] {vinod} said near closed

[09:23] {dino} gm all

[09:24] {jfjf64} morni dino

[09:24] {Threei}  dino :)

[09:25] {dino} :)

[09:26] {dptl} good morning all

[09:26] {Threei}  dp :)

[09:26] {nemo} dino dp :)

[09:29] {Threei}  ESLT dive

[09:29] {Threei}  ESLR

[09:30] {Threei}  SQNM Hearing Caris commenting on stock activity, does not see reason for strength (53.40, 0.00, 0.00%)

[09:30] {nemo} hehehehe

[09:30] {Threei}  does not see reason for strength after speaking with the company

[09:32] {Threei} Long Setup:  ESLR  2.10 break

[09:32] {Threei}  stop for scalpers under 2.05

[09:32] {Threei}  for daytraders under 2

[09:32] {magoo} in

[09:33] {Threei}  and for swing trade if you are so inclined, under 1.80

[09:33] {nemo} in

[09:33] {Threei}  if you got SQNM near 4.50, just a bounce scalp

[09:34] {vinod} ineslr

[09:38] {jfjf64} lets get these .14 out of way

[09:38] {Threei}  hear that chomping sound?

[09:39] {nemo} I hear my teeth gnashing

[09:39] {Threei}  ESLR is not a fast one, too thick

[09:39] {jfjf64} chomp  chomp  chomp

[09:39] {Threei}  pesky scalpers got 1:1 on ESLR

[09:41] {nemo} ty

[09:41] {dino} efut drop

06[09:41] * Threei adds nemo to the list of pesky scalpers

[09:42] {jfjf64} showin  strength

[09:42] {Threei}  SQNM formed double bottom

[09:42] {nemo} well, I partialed at scalp

[09:42] {nemo} so what does that make me?

06[09:42] * Threei correct list - nemo is partially pesky and partially scalper now

[09:43] {magoo} aapl hammered vad

[09:43] {Threei}  bounce time AAPL

[09:43] {Threei}  .15 long

[09:43] {Threei}  stop under 140

[09:43] {magoo} in .12'

[09:44] {Threei}  wtg

[09:44] {Threei}  keep stop and let it trade

[09:44] {Threei}  over 1:1

[09:44] {Threei}  half out

[09:44] {Threei}  wow SAY

[09:44] {Threei}  good one vinod

[09:45] {vinod} i didn't buy it

[09:45] {nemo} he's "invested"

[09:45] {Threei}  aww... you brought it to our attention, I thought you had it

[09:45] {Threei}  AAPL, 1: a lot

[09:46] {Threei}  feel free to take profit as you see fit

[09:50] {Threei}  mags, tell me you are out??

[09:50] {magoo} yup

[09:50] {Threei}  whew

[09:50] {vinod} damm appl

[09:50] {Threei}  went up almost a buck

[09:51] {Threei}  still above entry

[09:51] {vinod} didn't stop out yet

[09:58] {dino} shld sm l .50

[09:59] {nemo} stop?

[09:59] {vinod} ESLR is stuck around 0.17

[09:59] {nemo} army boots vad

[09:59] {Threei}  ah be gentle

[10:00] {nemo} frickin' flower child

[10:00] {Threei}  thing stays near high while NQ sells down 15 points

[10:00] {Threei}  what else do you want

[10:01] {nemo} I want my unrealistic expectations fulfilled

[10:01] {vinod} i can look only one thing at a time

[10:01] {pita} I'm out, it'll take off now - ty 1:1

[10:01] {Threei}  Fed's Lacker: Labor market may weaken further; seeing evidence of consumer resilience; recession may end later this year

[10:01] {Threei}  - Remarks that fiscal stimulus may only have a 'marginal impact'; must not wait too long to move towards preventing inflation

[10:01] {Threei}  - Comments that seeing some signs housing market could bottom out in 2009

[10:02] {Threei}  duly noted pita

[10:02] {Threei}  I have your e-mail btw, will answer later in the day, sorry

[10:03] {pita} at your convenience, not urgent

[10:03] {dino} shld stopped -.41

[10:03] {vinod} out appl 0.53 see you after 13.30

[10:04] {dino} cya vin

[10:04] {Threei}  take care vinod

[10:05] {dino} s/p stopped right next to 950

[10:06] {pita} bounce point AAPL?

[10:06] {Threei}  too late for off.50...

[10:06] {ese} wish these fed guys would just shut up.....everytime they open there mouths.......man the market tanks

[10:07] {dino} psys

[10:15] {Threei}  PSYS Weakness attributed to report PSYS lost a contract with Nevada health agency

[10:16] {ese} L intc avg.35......some from yesterday more today

[10:18] {nemo} chin hit the keyboard yet Vad?

[10:18] {ese} dino....what do you think of sina,  -2.33

[10:19] {ese} price target cut to 23

[10:21] {dino} sina cut to sell, usually they drop 2 bucks

[10:22] {dino} profit falls 33%

[10:22] {ese} a day

[10:22] {dino} ads slump

[10:22] {ese} hmmm

[10:22] {dino} yes 2 bucks on a sell is typical

[10:22] {dino} we missed psys

[10:22] {ese} might try this ....1/2 lots swing short

[10:22] {ese} 1/2 lot

[10:22] {dino} wanted 17.30 when it was 17.45

[10:22] {nemo} psys didn't give much opportunity

[10:23] {ese} ya was lookin at it

[10:23] {dino} watching palm, fdo, wynn, psys, efut

[10:23] {dino} shld

[10:23] {dino} yeah, psys a pulp stock

[10:23] {nemo} define "pulp" please

[10:24] {ese} chews you up

[10:24] {nemo} oh

[10:24] {Threei}  "pulp can move baby"

[10:24] {Threei}  (G. Costanza)

[10:24] {ese} the wrong way

[10:25] {nemo} like that stuff the baby spits up on your shoulder

[10:25] {dino} seinfeld, george gets pulp in his eye, as 3i said above

[10:25] {dino} how about palm

[10:25] {ese} l fitb..30

[10:25] {nemo} Mary?

[10:26] {nemo} sqnm bottoming?

[10:26] {ese} sorry .32

[10:26] {Threei}  I'd try .65 break nemo

[10:26] {nemo} yeah, palm looks like it's strengthening

[10:27] {Threei}  if it's holding .55

[10:27] {ese} out fitb .41

[10:27] {ese} +.09

[10:27] {dino} sm l palm .10

[10:27] {Threei}  PALM strengthening?

[10:27] {Threei}  looks breakdownish to me, careful

[10:28] {nemo} nice on FITB E

[10:28] {Threei}  market strength may save it if NASDSSQ recovers for real

[10:28] {nemo} yeah, looks like everything is mirroring the market right now

[10:28] {Threei}  excpet FITB

[10:28] {nemo} of course

[10:28] {dino} bwld, pnra mcd holding

[10:29] {ese} ya i know....fitb surprised me there

[10:30] {ese} just barely caught that little run

[10:30] {fernp} SLM 8 break, Bad?

[10:30] {fernp} Vad

[10:30] {Threei}  *DOE CRUDE: -4.38M V -200KE; GASOLINE: -1.55M V +1.2ME; DISTILLATE: -318K V +1.1ME

[10:30] {_levelseven} efut nice bounce

[10:31] {Threei}  worth a try fern

[10:31] {Threei}  it's very narrow and slow today

[10:31] {fernp} ok

[10:31] {Threei}  but if market is done dropping (and looks like it), should provide a scalp

[10:31] {dino} ibkc

[10:31] {dino} thinny

[10:33] {dino} missed it l7, wanted 10

[10:33] {ese} L fitb .36 pullback

[10:34] {_levelseven} stocks feet stuck in mud this morning

[10:36] {dino} fdo l .65

[10:37] {Threei}  MS Co President: Have seen the bottom of the financial crisis; economy has 'stabilized' - TV interview

[10:37] {Threei}  - Remarks that many factors still must take place for a recovery

[10:39] {dino} easy to say w/lows 28% under

[10:39] {Threei}  no kidding

[10:40] {nemo} If $ keeps falling and oil keeps going up Xmas season should be really funny...but I'm getting ahead of myself

[10:40] {Threei}  45% Say Cancel Rest of Stimulus Spending

[10:40] {Threei}  yeah, fat chance

[10:41] {nemo} Yeah, that was mostly a restoration of spending Bush cancelled.  Got nuttin' to do w/stimulus in the 1st 2nd or last place

[10:41] {dino} sm l ibkc .00

[10:41] {dino} thin wide

[10:43] {dino} i'm w/the 45%

[10:43] {nemo} me 2

[10:49] {nemo} stop sqnm

[10:50] {Threei}  Canadian Financial Offical: USD to remains worlds primary currency for some time

[10:50] {Threei}  some time?

[10:50] {Threei}  lol

[10:50] {nemo} Yeah, a worldwide supply of toilet paper

[10:50] {pita} Sears catalog somewhat softer

[10:52] {pita} pretty slow mkts

[10:52] {nemo} ya' think

[10:52] {nemo} matches my wits perfectly

[10:52] {pita} Captain Obvious

06[10:53] * nemo gives vad a tissue

[10:53] {Threei}  I don't concede just yet

[10:53] {Threei}  today is Wed

[10:53] {Threei}  there, beat this

[10:53] {nemo} Ahhh.....the sun came up this morning

[10:53] {pita} 10:53 EST

[10:54] {nemo} I win

[10:54] {Threei}  yeah... you guys give me run for my money

[11:01] {dino} shld last try sm l .10

[11:07] {Threei}  there is just no spark in the market today

[11:07] {Threei}  yesterday there was life, excitment

[11:08] {Threei}  today is swamp

[11:11] {fernp} WU long .37

[11:11] {jfjf64} chk s.48

[11:11] {fernp} stop under .30

[11:12] {dino} wow 3i, yesterday i was bored all a.m., today lots of stuff i'm missing, you and i are oppositeno offense of course

[11:13] {nemo} you both had good days yesterday

[11:13] {dino} yes

[11:14] {Threei}  what do you mean no offense

[11:14] {nemo} today might be getting whacked by the oil numbers too

[11:14] {Threei}  if I don't take offense, I will have absolutely nothing to do at all

[11:14] {Threei}  this is my only chance to find what to do

[11:14] {dino} i mean, i'm not disrecting you

[11:14] {dino} disrespecting

[11:15] {dino} ohh, ok

[11:15] {Threei}  I understand... but if I pretend I don't, we can strat a fight and spend time productively and with fun

[11:15] {dino} them's fighting words

[11:15] {Threei}  there... see? fun is about to start :)

[11:16] {Threei}  for the beginning let's practice on magoo

[11:16] {pita} trouting anyone?

06[11:16] * Threei slaps magoo around a bit with a large practicing trout

06[11:16] * nemo slaps magoo around the ankle with a large trout

[11:17] {_levelseven} mkt not cooperating at all, I chose to blame my wife

[11:17] {dino} he's sidetracked w/real estate issues this morning

[11:17] {Threei}  all the better dino

[11:17] {Threei}  that's a valid choice too L7

[11:17] {dino} l7 is going to fit in fine

[11:18] {nemo} Welcome to the Asylum...meet your janitor-Vad...doesn't like foul language or innuendo

[11:18] {dino} i prefer, welcome to the jungle

[11:18] {Threei}  who said I don't like them?

[11:18] {Threei}  I don't like additional work if I have to edit them out

[11:18] {nemo} we get going the janitor is always waking up looking at us

[11:19] {nemo} splitting short an curlies there

[11:20] {_levelseven} threei, does chaeron still come here?

[11:20] {vinod} its time for JAZZ

[11:20] {nemo} I saw that

[11:21] {Threei}  he is out for a bout a month

[11:21] {vinod} may be good to enter around 2?

[11:22] {Threei}  can't tell in advance... let's see how it acts if it gets there

[11:24] {Threei}  it completed half of phase III... providing second half shows good results it plans to submit FDA application at the end of 2009

[11:24] {Threei}  sounds to me like recipe for fizzling out

[11:24] {Threei}  it moved as it did only because of general bio hoopla, but tnay dies down too

[11:27] {dino} end of 09 is a long time

[11:27] {Threei}  yeah

[11:27] {Threei}  and :providing second half is good"...

[11:27] {vinod} I am for end at 4.00 p.m

[11:29] {dino} by 4 i expect to be pounding down a brew

[11:30] {vinod} we are allowed to talk about vodka only

[11:32] {dino} no vin, i have to shoot a round of golf tonight, beer and tequilla only

[11:36] {_navigateqd} gone short PH and RS, I stopped out RS and holding my PH short position

[11:36] {Threei}  what price are you short PH at?

[11:38] {_navigateqd} 47.2

[11:38] {_navigateqd} and dare not long RS 

[11:38] {_navigateqd} while it is moving higher

[11:40] {_navigateqd} I feel there's a big seller in PH

[11:41] {_navigateqd} shorting CLF now

[11:42] {dino} cnqr spike

[11:43] {_navigateqd} wow

[11:44] {fernp} 1:1 WU

[11:46] {vinod} you guys are still in ESLR--I am

[11:47] {Threei}  yes

[11:47] {vinod} thanks

[11:49] {_navigateqd} 42.2 seems to be the resistance to RS

[11:50] {dino} out ibkc .69, +.69

[11:54] {jfjf64} chk s .58

[11:55] {dino} zagg spike

[11:55] {dino} and drop, too fast

[11:55] {Threei}  good boy ESLR

[11:55] {Threei}  solidly over 1:1 for day traders

[11:55] {dino} otc forget it

[11:57] {vinod} ESLR 0ut 2k 2.26 left 2k

[11:57] {Threei}  gj

[11:58] {Threei}  now trail stop to under breakeven

[11:58] {Threei}  offer 1K more closer to 1.40

[11:58] {Threei}  then re-evaluate if gets there

[11:58] {vinod} o.k reason I post detail is to let you know if i am doing any thing wrong

[11:58] {_navigateqd} covered PH short at 46.52 

[11:59] {Threei}  nope... you are getting the routine down just right

[11:59] {vinod} o.k thanks vad

[11:59] {Threei}  and you know what the best thing about routine is?

[11:59] {Threei}  it eliminates thinking

[12:00] {Threei}  with it go second guessing, emotional involvement, rule breaking

[12:00] {Threei}  all thnat is left is automated reactions

[12:00] {Threei}  which turns you into trading robot

[12:03] {Threei}  good cover navigateq

[12:03] {Threei}  trail just above last resistance, exactly as I would do it

[12:03] {_navigateqd} out CLF breakeven

[12:04] {_navigateqd} Yeah no momentum to go down any further (PH)

[12:04] {Threei}  put in double bottom, formed resistance and then broke it

[12:05] {Threei}  typical trend reversal

[12:07] {_navigateqd} and I won't go long because it was very weak this whole morning

[12:09] {dino} shld stop to .51

[12:09] {vinod} nemo-I should have joined you in SAY with couple of K

[12:09] {Threei}  SAY getting frenzied

[12:10] {dino} out shld +.41

[12:15] {jfjf64} c/h chk  if anybody  cares  been  watchin

[12:15] {Threei}  SAY becomes today's start

[12:15] {Threei}  let's call it today's SQNM

[12:15] {ese} fitb go baby go!!!

[12:16] {Threei}  Moody's raises ratings on GMAC

[12:16] {Threei}  eeck

[12:16] {dino} wynn sm l .98

[12:16] {Threei}  new high ESLR

[12:16] {dino} we care jf

[12:17] {Threei}  aww dino... what's with encouragement and caring attitude

[12:17] {Threei}  "no jf, we don't, go away" is the right answer

[12:17] {ese} of all the saying you do on here vad.....i really like that one..."eeck"   Thats just about covers everthing that is goofy in the market...cool

[12:17] {Threei}  lol

[12:17] {jfjf64} lol

[12:18] {jfjf64} are ya in say

[12:18] {dino} wow jf is out of the circle of vads' trust

[12:18] {Threei}  just the opposite dino, just the opposite

[12:18] {jfjf64} hmmm

[12:18] {Threei}  I wish jf

[12:18] {dino} no jf

[12:18] {Threei}  we are in ESLR though

[12:18] {dino} dealing w/palm, wynn, fdo

[12:18] {Threei}  and we have 1:2 for daytraders

[12:18] {Threei}  1:4 for scalpers

[12:19] {nemo} no such thing as 1:4 for scalpers

[12:19] {Threei}  no

[12:19] {dino} watching efut for double bottom-ish

[12:19] {jfjf64} i took my 5cents  and  ran   no  good

[12:19] {Threei}  it's designed specifically to tease them by invoking scalper's regret

[12:19] {nemo} Captain Obvious

[12:20] {jfjf64} .75 l chk  waitin

[12:20] {dino} pru off .50?

[12:21] {Threei}  long?

[12:21] {Threei}  if holding .40

[12:21] {Threei}  nic tight stop

[12:21] {Threei}  nice

[12:21] {Threei}  Beijing Auto has expressed intereste in Ford's Volvo automobile unit - WSJ

[12:22] {Threei}  Chinese auto industry is being born out of crisis

[12:22] {nemo} getting to buy assets at firesale prices

[12:22] {Threei}  Hammer, Volvo

[12:22] {Threei}  yup, if not now then when

[12:23] {dino} well, that is the way it works vad. 

[12:23] {Threei}  PRU invalidated

[12:23] {nemo} wow you spelled it conventionally

[12:24] {jfjf64} chk ivalidated also

[12:24] {Threei}  that's accident nemo

[12:24] {Threei}  don't assign any significance to it

[12:24] {vinod} Carl Marx talked about transferring the means of production to the State; he didn’t mean the Chinese State?

[12:25] {nemo} Brazil is providing $10B to the IMF

[12:25] {Threei}  I am not familiar with what happens in China well enough... but he sure meant USSR of 20st century and, sadly, USA of 21st

[12:28] {pita} gotta go boys - happy hunting

[12:28] {Threei}  take care pita

[12:28] {nemo} cyapita

[12:29] {dino} cya pita

[12:40] {Threei}  JAZZ is crazy

[12:42] {jfjf64} charts say  alot of way  to  run   agree

[12:44] {Threei}  vinod.... ESLR is nearing second exit zone

[12:45] {dino} atni

[12:46] {jfjf64} .30 cents later   lol

[12:48] {jfjf64} issh   5.00 coming

[12:49] {dino} vad atni?

[12:49] {nemo} bounced on property acquisition news from Verizon

[12:50] {dino} yes, but a buit extreme

[12:50] {Threei}  don't have any opinion on that

[12:51] {dino} use mine

[12:51] {nemo} we don't know what the metrics are out of those properties

[12:51] {Threei}  lol JAZZ

[12:51] {Threei}  5

[12:51] {jfjf64} yikes jazz

[12:51] {jfjf64} here ya pullback

[12:52] {jfjf64} gettin recharged

[12:52] {dino} most likely english system nemo, us properties, :)

[12:53] {Threei}  quick pullback to 4, lol

[12:53] {nemo} I meant financial metrics

[12:53] {jfjf64} yup

[12:53] {dino} i know....

[12:54] {nemo} going for Captain OBvious Dino?

[12:54] {jfjf64} 3.70 be nice

[12:54] {dino} you guys are uptight todayu

[12:54] {nemo} I'm having trouble staying awake

[12:54] {Threei}  look at JAZZ

[12:55] {Threei}  will wake you up

[12:55] {nemo} no...I'm not in it

[12:55] {dino} and cyber says none avail

[12:55] {jfjf64} 4.40 break vad

[12:56] {Threei}  shrug

[12:56] {nemo} available here dino

[12:56] {nemo} or are you talking atni?

[12:56] {dino} short it nemo.......

[12:56] {dino} jazz

[12:57] {dino} wanted at 4.50 break, cyber says n.a.

[12:57] {nemo} wish you had told me then

[12:57] {dino} atni want to short just trying to figure out where

[12:57] {Threei}  yeah, available for laser

[12:58] {nemo} [12:56] {nemo} available here dino

[12:58] {dino} some day, when i grow up i'll make the switch

[12:58] {Threei}  lol

[12:58] {nemo} to what?

[12:58] {Threei}  rofl

[12:59] {Threei}  nemo... you are something

[12:59] {nemo} I was busting Vad

[12:59] {dino} indeed vad, indeed

[12:59] {jfjf64} jazz l .40 break for me

[12:59] {nemo} Contrary opinions here

[13:02] {dino} i am the contrarian

[13:02] {nemo} sorry

[13:02] {nemo} I was talking relativistically between you and JF

[13:02] {Threei}  hey!

[13:02] {nemo} Vad, you short it?

[13:02] {Threei}  no words longer than 3 syllables!'

[13:03] {Threei}  no, I am not touching this thing

[13:03] {jfjf64} thats a big word  for  me   im  just a scalper

[13:03] {nemo} sorry, that was 7

[13:03] {dino} wynn stopped

[13:03] {nemo} so sesquepaedalian and omphaloskepsis are out?

[13:03] {jfjf64} lol

[13:04] {nemo} Mary Palm still hanging in their Dino

[13:04] {nemo} there

[13:05] {dino} .77 stop

[13:05] {dino} shld lod

[13:08] {jfjf64} looks lk  wedge formin  jazz

[13:11] {ese} Have a 10;30 meeting see you all tomorrow....

[13:11] {Threei}  take care ese

[13:11] {dino}  cya es

[13:13] {nemo} tbt spiked @1:00 was there info on the auction?

[13:13] {Threei}  yes

[13:13] {jfjf64} hmm guess ya west  coast   tk care

[13:13] {nemo} helpful as always

[13:13] {Threei}  *TREASURY'S $19B 10-YEAR NOTE REOPENING BID-TO-COVER RATIO: 2.62 V 2.49 PRIOR AND 2.41 OVER THE LAST 5 REOPENINGS

[13:13] {Threei}  - indirect bidders take 34.2% of competitive bids

[13:13] {Threei}  - notes draw 3.99% with 46.5% alloted at high

[13:14] {jfjf64} jazz broke  wedge   down

[13:14] {Threei}  yeah, shirted a little at .09

[13:14] {nemo} indirect bidders were over 40% at the last one...eewww

[13:14] {Threei}  covered .75

[13:14] {nemo} I thought you said you weren't touching it

[13:15] {Threei}  I changed my mind

[13:15] {Threei}  am I allowed?

[13:15] {dino} wynn rinsed

[13:15] {Threei}  AGEN Hearing vague positive chatter circulating on prospects for the Oncophage approval in Europe (2.24, 0.17, 8.21%)

[13:16] {dino} aapl bruised

[13:16] {nemo} nice

[13:16] {jfjf64} ya  lk bounce  here for  long   3.75

[13:17] {jfjf64} in

[13:18] {jfjf64} .77

[13:18] {jfjf64} 1/1

[13:21] {Threei}  wtg

[13:21] {Threei}  beautiful bounce and nicely executed trade

[13:32] {Threei}  Preview: Fed's Beige Book survey of regional economic conditions to be released at 2pmET

[13:32] {Threei}  **reminder: the prior Beige Book, released on 4/15, stated:

[13:32] {Threei}  - the economy contracted slower in 5 of 12 regions, and the housing market showed signs of tentative stabilization.

[13:32] {Threei}  - Credit remained tight across regions.

[13:32] {Threei}  etc

[13:41] {Threei}  MFE Microsoft to reportedly release a free anti virus service (39.94, -0.63, -1.55%) (related SYMC BCSI FIRE )

[13:43] {vinod} stop out eslr at 2.30 did not hit offering price of 2.40

[13:48] {dino} shld holding that lod

[13:49] {nemo} so aren't the indices

[13:50] {nemo} gonna' do a re-run?

[13:51] {dino} 8633 support, 1467, 923

[13:51] {dino} pru, shld may have bottomed, watch for retest

[13:51] {dino} efut getting near

[13:52] {dino} fed beige book should lean positive imo

[13:53] {dino} atni wants 40

[13:53] {jfjf64} thinkin 4.10 break vad   jazz   ya opinion

[13:56] {Threei}  hmmm

[13:57] {Threei}  hard to tell really

[13:57] {jfjf64} vol dryin up

[14:00] {dino} efut sm l .10

[14:00] {Threei}  SAY is holding rather well

[14:00] {nemo} pru dino

[14:00] {dino} missed it

[14:01] {nemo} yeah, I saw it @ .10 but passed

[14:01] {dino} thought it would re-test

[14:02] {vinod} vad-SAY is software service company with 50K employee 

[14:02] {Threei}  *FED'S BEIGE BOOK: SLUMP IS MODERATING IN 5 OF 12 DISTRICTS; Prices at all stages of production and wages were flat or falling, expectations have improved

[14:02] {Threei}  I remember the story vinod

[14:02] {nemo} shld bolted too

[14:03] {Threei}  shooting at US Holocaust Museum

[14:03] {jfjf64} crazy

[14:03] {jfjf64} look jazz   liked  news   lol

[14:04] {vinod} not only SQNM but all bio tech are down

[14:05] {jfjf64} hv feelin will test that .40

[14:07] {dptl} have a good evening all

[14:07] {jfjf64} .40break all over

[14:07] {Threei}  take care dp

[14:08] {dino} cya dp

[14:08] {jfjf64} in

[14:09] {jfjf64} .42

[14:09] {Threei}  wow... you skipped .10 but went for .40?

[14:10] {jfjf64} yeah  late  to  dance???

[14:11] {Threei}  logic escapes me :)

[14:11] {jfjf64} yikes  no  wk

[14:11] {jfjf64} stupid

[14:15] {Threei}  C Introduces a poison pill provision to protect a $43B tax benefit

[14:17] {Threei}  SAY has this look...

[14:17] {Threei}  break-and-enter

[14:17] {jfjf64} yup

[14:20] {dino} last try wynn off of .00

[14:24] {jfjf64} cd use 5 cent stop for this break  correct

[14:31] {jfjf64} SAY in aint so   maybe  later

[14:36] {vinod} are we going to closed green?

[14:36] {nemo} PPT should be showing up soon

[14:36] {dino} giddy-up wynn

[14:37] {dino} nemo, nice timing

[14:42] {nemo} wynn's kinda' got a left sided C&H going there

[14:43] {dino} meaning

[14:43] {nemo} ask Vad, it just looks opposite of what one normally thinks of a C&H

[14:44] {Threei}  you come up with some weirdo stuff and sened people to ask me?

[14:44] {dino} roflol

[14:44] {nemo} I just opined on what it looked like

[14:45] {jfjf64} do  we short  or  go  long   with this  type of cup   vad

[14:45] {dino} looks like a coin toss to me

[14:45] {nemo} ya' know, kinda' looks like a genie's lamp

[14:45] {Threei}  jf... ask nemo {G}

[14:45] {Threei}  it's his fanous Alladin setup

[14:46] {nemo} that was good

[14:46] {nemo} how's the shoulder

[14:46] {Threei}  thank you, betyter than magoo's ankle

[14:46] {dino} hurts

[14:46] {nemo} I trouted it this morning

[14:54] {Threei}  those who take ESLR fo a swing, wqe will trail stop today

[14:54] {Threei}  will decide on a new placement at the end of the day

[14:56] {dino} csfg

[14:56] {dino} cfsg

[15:06] {Threei}  some more selling and will start looking into SAY's eyes re: bounce

[15:06] {dino} wynn tighten to .89 mkt drop

[15:06] {Threei}  sharp dive into .40 would be nice

[15:06] {dino} myrg

[15:13] {dino} wynn to flat

[15:14] {dino} to .08

[15:14] {dino} out wynn, +.08

[15:17] {fernp} SAY formed double bottom

[15:17] {dino} say it isn't so

[15:22] {vinod} JAZZ and SQNM are killers

[15:23] {vinod} and lost faith in SAY

[15:23] {fernp} out SAY`+.09

[15:23] {Threei}  fern :)

[15:24] {Threei}  come on vinod... you can't lose faith in company with 50,000 employees on 30 cents pullback

[15:24] {nemo} nice one Vad

[15:25] {Threei}  JAZZ is as brutal on pullback as it was on run up

[15:25] {Threei}  JAZZ .15 long, half lot

[15:26] {vinod} I am fair weather trader?

[15:26] {Threei}  lol

[15:26] {Threei}  feel free to take profit on JAZZ as you see fit

[15:26] {Threei}  1:1 in seconds

[15:29] {vinod} look like no PPT today?

[15:30] {Threei}  day off... Wed

[15:30] {Threei}  PPT manual says no work on Wed

[15:30] {nemo} sometimes they wait until 3:40

[15:30] {vinod} they run out of money

[15:30] {nemo} just print more

[15:31] {Threei}  printing press goes on preventive care each Wed

[15:31] {magoo} rip or rott vad??

[15:31] {Threei}  neither

[15:32] {Threei}  sideways

[15:32] {nemo} where you been

[15:32] {Threei}  he was unconscious ever since [11:16] * Threei slaps magoo around a bit with a large practicing trout

[15:32] {magoo} total distractions today

[15:32] {nemo} here they come

[15:33] {Threei}  nah, it's traders trying to frontrun them

[15:33] {nemo} oh yeah volume low

[15:33] {wulff} you think SAY is good for an overnight?

[15:33] {Threei}  hmmm

[15:34] {Threei}  dunno, ESLR feels safer to me

[15:34] {_levelseven} eslr threatening new hi

[15:34] {wulff} safe....hah! whats that?

[15:34] {dino} damn missed pru again

[15:35] {Threei}  new hi runs to police to ask for retstraining order against ESLR

[15:35] {nemo} they

[15:36] {nemo} they're here

[15:36] {Threei}  {they} no us are not

[15:37] {dino} "they say if you can think it, it's been done"

[15:38] {Threei}  ESLR assault on new high

[15:38] {Threei}  new high is killed

[15:38] {Threei}  even newer high now

[15:38] {Threei}  1/4 more out

[15:39] {Threei}  +.30

[15:39] {_levelseven} seady & slow, less stress

[15:39] {_levelseven} seady

[15:39] {_levelseven} steady

[15:39] {Threei}  there

[15:39] {Threei}  third time is charm :)

[15:39] {_levelseven} ha

[15:39] {dino} fdo to .67 all day

[15:39] {dino} stopped +.02

[15:40] {Threei}  daytraders, trail stop to .15 for the last portion

[15:40] {Threei}  swingtraders, trail stop to 1.95

[15:40] {dino} efut to .25

[15:40] {Threei}  and btw, swing traders have 1:1

[15:41] {Threei}  so partial out is a valid option

[15:41] {nemo} what about scalpers?

[15:41] {dino} i picture vad at one of those "key" parties when he says that

[15:41] {Threei}  lol

[15:41] {Threei}  scalpers are crying, nemo

[15:41] {dino} out efut .22 slip, +.12

[15:42] {nemo} outta' PALM yet Dino?

[15:43] {dino} no, if it doesn't hit stop, will carry overnightif hit .25 will take it

[15:44] {dino} that was "&" hits

[15:44] {dino} all in all held well this afternoon

[15:45] {jfjf64} axp break .57 here

[15:46] {dino} brb

[15:49] {dino} efut, ugh!

[15:50] {jfjf64} common buyers   bg sale  axp  10 min

[15:51] {nemo} see that on efut dino!

[15:52] {dino} see above nemo, tricked me

[15:52] {nemo} I'm talking that .30 shakeout

[15:52] {Threei}  BAC Fed Emails Show Fed Thought BofA''s Threat To Drop Merrill Acquisition Was ''Not Credible'' - WSJ

[15:53] {fernp} good evening all. see u tomorrow

[15:53] {Threei}  take care fern

[15:54] {Threei}  SAY is back to highs

[15:54] {Threei}  ESLR too

[15:54] {Threei}  nice finish

[15:54] {dino} yes saw that

[15:54] {nemo} market will end up basically flat

[15:54] {wulff} what was your last sell on SQNM?

[15:54] {dino} thats why hard stop was not desired but eod so....

[15:54] {nemo} Everybody covering shorts in fear of PPT

[15:54] {jfjf64} 4.95 break vad  still good

[15:55] {Threei}  wow, it was yesterday

[15:55] {wulff} What's PPT?

[15:55] {Threei}  we haven't traded it today

[15:55] {wulff} I know, just curious

[15:55] {nemo} Plunge Protection Team for us conspiracy theorists

[15:55] {jfjf64} 1/1 axp

[15:55] {wulff} OK

[15:55] {Threei}  I'd have to dig it out in the log...

[15:55] {Threei}  my memory span is one of a moth

[15:55] {wulff} no prob forget it

[15:56] {dino} wulff, or w/new admin., political protection team

[15:56] {vinod} my mistake, sold ESLR too soon and did not play SAY

[15:56] {jfjf64} all out axp

[15:57] {dino} fdo l .60

[15:57] {wulff} more list BSPT

[15:57] {dino} out .65, +.05

[15:57] {wulff} more like...

[15:57] {vinod} have a nice evening to all

[15:57] {Threei}  take care vinod

[15:57] {Threei}  okay guys

[15:57] {Threei}  thank you all

[15:57] {Threei}  have a good evening, see you tomorrow

[15:57] {jfjf64} gn 

[15:58] {_traderw} good night , thanks!

[15:58] {Threei}  sure thing

[15:59] {Threei}  ESLR babyu

[15:59] {jfjf64} monster

[15:59] {Threei}  over 1:4

[15:59] {dino} gn all, thx, positive but light. week going well tho

[16:00] {dino} tee time in 30

Jun 09 2009

The day started in a boring fashion, as it became customary lately... and then along came SQNM. Even though we haven't utilized its full potential, it was fun and profirable.

Session Time: Tue Jun 09 00:00:00 2009

[08:07] {Threei}  MDRNA Inc. FDA approves generic calcitonin-salmon nasal spray for osteoporosis

[08:07] {Threei}  - The company has obtained full FDA approval of its Abbreviated New Drug Application (ANDA) for generic calcitonin-salmon nasal spray for the treatment of osteoporosis and that Par Pharmaceutical Companies, Inc. has launched the product

[08:07] {Threei}  MRNA

[08:09] {pita} greetings

[08:09] {Threei}  pita :)

[08:15] {Threei}  AXP CNBC: Company is on list to repay TARP; as speculated (25.65, 0.00, 0.00%) (related XLF )

[08:22] {nemo} On CNBC this morning Prof. Elizabeth Warren, called for rerunning the bank stress tests periodically. She pointed out that the most extreme scenario in the test of 8.8% unemployment has already been surpassed. She wants updated data as it emerges used to retest the computer modeling.

[08:22] {Threei}  sigh

[08:22] {Threei}  first test was meanignless... so let's have more of those

[08:23] {nemo} Yeah...I've come to realize that all writing is fiction

[08:29] {fernp} good morning everybody

[08:29] {nemo} mornin'

[08:30] {Threei}  fern :)

[08:30] {vinod} GM

[08:33] {Threei}  vinod :)

[08:51] {larisa} good morning :)

[08:51] {Threei}  larisa :)

[08:51] {larisa} :)

[08:51] {magoo} morning

[08:52] {nemo} Hey Mags!

[08:53] {magoo} i have a quick{hopefully quick} apptnt at 9:15..then ill be back

[08:54] {Threei}  mags :)

[09:02] {vinod} nothing is one-way forever  including market

[09:04] {patience} good morning guys...another day in paradise here   :)

[09:04] {Threei}  patience :)

[09:04] {nemo} Hah!  My favorite saying

[09:04] {patience} :)

[09:04] {patience} vad, winnipeg was 15 yesterday

[09:04] {ese} good morning

[09:04] {patience} should make you feel good

[09:04] {Threei}  ese :)

[09:06] {dino} gm all

[09:06] {Threei}  dino :)

[09:06] {nemo} dino :)

[09:06] {ese} dino

[09:07] {dino} :)

[09:07] {dino} verizon adding palm pre in jan.

[09:07] {dino} cnbc

[09:11] {ese} well i won't be here long today......grad ceremonies for our high school....have to up at the university in an hour and a half...wasted trading day

[09:12] {dino} have fun es

[09:12] {ese} i would if i were hanging with you all

[09:13] {nemo} Pomp and Ceremony...necessary waste of time

[09:13] {ese} indeed nemo

[09:13] {Threei}  FITB is bumping of 2 days high

[09:14] {ese} yes may go for a quick hit........

[09:14] {nemo} Goin' for an "ese"?

[09:16] {ese} hmmmm never looked at my handle that way...but......yes

[09:16] {ese} you a golfer nemo?

[09:16] {nemo} Not since I was younger

[09:16] {nemo} Why?

[09:17] {ese} whne i finally make it to myrtle to take on dino....you'lll have to come

[09:17] {nemo} That would be nice...I'll hold down the fort at the 19th

[09:18] {dino} lol nemo. i will join you after the round

[09:18] {nemo} hehehehehe

[09:18] {ese} We literally have a course here...designed by Jack Nickalus that has 19 holes..."Bear Mountain"

[09:19] {nemo} Interesting...Only thing Mass has going for it is the longest course in the US in Bolton.

[09:19] {ese} bonus hole

[09:19] {nemo} At least I think it still is

[09:19] {nemo} I'll leave that one alone ese

[09:19] {ese} lol

[09:19] {dino} great bear about 45 minutes from me, nickalus course, i play it every summer w/banking buddy of mine

[09:19] {nemo} is the janitor looking?

[09:20] {ese} nope

[09:20] {Threei}  there are courses designed by him here dino

[09:22] {dino} guy gets around

[09:22] {ese} i'll say

[09:29] {Threei}  keeping half eye on MRNA in case of severe pullback

[09:29] {Threei}  FITB, for consolidation and .40 break if FAS helps

[09:29] {nemo} you've got three

[09:30] {Threei} Long Setup:  AUY  11 break if stays above 10.90

[09:32] {Threei} Short Setup: CAT  .40 if stays below .50

[09:33] {ese} auy l .03

[09:33] {nemo} missed trying to get cat

[09:34] {nemo} in on 2nd

[09:34] {ese} blink and i slightly missed it

[09:35] {Threei}  no go CAT

[09:35] {ese} stop .94

[09:36] {nemo} on what ese?

[09:36] {Threei}  [09:33] {ese} auy l .03

[09:36] {nemo} o.k. saw you're .90 

[09:37] {nemo} your

[09:37] {ese} yes 

[09:38] {ese} if i'd gotten in when i was spose too i'd be out by now at .05

[09:41] {Threei}  trailing AUY to .93

[09:42] {ese} hmm mmm  printed .94 i thought  stop is still intact

[09:45] {Threei}  Treasury Geithner: 10 of of bigges tbanks can repay $68B in TARP repayment

[09:45] {Threei}  68B?

[09:47] {nemo} BFD

[09:47] {ese} aye aye aye......wake up ese....stop is at .84 not .94............

[09:47] {ese} ..94 now

[09:47] {ese} sheesh....this is not a good sign

[09:48] {nemo} what?

[09:48] {Threei}  lol

[09:48] {ese} typed in .84 nemo...

[09:48] {ese} thought i had typed in .94

[09:48] {nemo} so...where is it?

[09:48] {ese}  it was suppose to be .94

[09:49] {ese} when the tape printed .94 my stop was still there....couldn't figure it out

[09:49] {ese} i stupidly typed in .84

[09:49] {Threei}  MS Reportedly notes it will repay $10B in TARP funds - unconfirmed report (8.74, 0.00, 0.00%) (related XLF )

[09:49] {dino} bpopp?

[09:51] {ese} stopped auy .93  -.10

[09:51] {nemo} .92

[09:51] {nemo} good thing we got out

[09:51] {nemo} whoa

[09:51] {ese} daaaaaaaa!!!!!!!!

[09:51] {jfjf64} mornin

[09:51] {ese} whoaaaa is right

[09:51] {ese} jf

[09:51] {Threei}  gold fell off a cliff

[09:52] {ese} welcome to the i'm typing blind session

[09:52] {nemo} Yeah, feds talking about tarp repayment probably spooked the PMs

[09:52] {Threei}  jf :)

[09:52] {ese} axp looks to be paying back tarp as well

[09:53] {nemo} PM's down, but TCK holding gains

[09:54] {Threei}  Berkshire Hathaway's Sokol: TARP repayments from banks represents progress

[09:54] {Threei}  - Believes carbon trading would create duplicate costs

[09:54] {Threei}  just what we need

[09:54] {vinod} They all talk about TARP but when they going to make loan to business and consumer

[09:54] {ese} whats carbon trading

[09:54] {nemo} This is about saving the system, not the individual Vinod

[09:55] {Threei}  BBT Announces TARP repayment approval of $3.134B; expects $48M charge in Q2

[09:55] {Threei}  - company has notified the Treasury of its intent to repurchase the outstanding warrant

[09:56] {Threei}  AXP Spokesperson: Confirms speculation that group will repay TARP funds (26.36, 0.71, 2.77%)

[09:57] {dino} cof too

[09:59] {Threei} Short Setup: SLM  .85 break

[10:00] {Threei}  stop for scalpers above .90, day traders .95 or 8

[10:00] {Threei}  APRIL WHOLESALE INVENTORIES: -1.4% V -1.2%E

[10:01] {Threei}  IBP/TIPP ECONOMIC OPTIMISM: 50.8 V 49.0E

[10:01] {jfjf64} in

[10:01] {nemo} in .84

[10:02] {jfjf64} ditto

[10:02] {Threei}  scalpers have over 1:1

[10:02] {fernp} ty

[10:03] {dino} gsbc drop

[10:03] {Threei}  daytraders have over 1:1

[10:03] {dino} thin

[10:04] {nemo} ty

[10:05] {Threei}  who partialed, trail stop to .88 for the balance

[10:06] {jfjf64} ty

[10:06] {Threei}  doesn't bounce with market so far

[10:07] {Threei}  BK Reportedly cleared to repay TARP (9.05, 0.08, 0.89%)

[10:07] {Threei}  10:06 COF Approved to repay $3.55B in TARP

[10:08] {ese} bstop intc 16.40

[10:08] {Threei}  Lawyer: GM will be able to get through bankruptcy in 60 days

[10:08] {Threei}  {Another Laywer} Are you crazy? How are we going to make a living?? This case was supposed to feed us for generations

[10:09] {Threei}  insists the UAW is not getting special treatment

[10:09] {Threei}  - Not sure how long the US government will fund Chrysler in bankruptcy.

[10:11] {ese} aggressive entry intc .35

[10:13] {jfjf64} axp double top\

[10:13] {Threei}  or breakout

[10:13] {Threei}  can't tell really, volume is rather indicative of upward

[10:14] {Threei}  to make matters more confusing:

[10:14] {Threei}  it doesn't really trading on its own merits

[10:14] {jfjf64} ty

[10:14] {Threei}  look at the broader market

[10:14] {Threei}  AXP pretty much mirrors irt

[10:15] {nemo} what's "irt"

[10:15] {ese} out 1/2 intc .44 +.09

[10:16] {Threei}  forms little C&H

[10:16] {Threei}  .63 long with stop under .50

[10:16] {dino} sm l gsbc .60

[10:17] {Threei}  SLM stop to above .80

[10:18] {ese} out full intc .42 +.07

[10:18] {ese} have to go see you all tomorow

[10:19] {Threei}  take care ese

[10:19] {Threei}  AXP invalidated

[10:19] {nemo} by ese

[10:19] {Threei}  JPM Reportedly approved to repay $25B in TARP

[10:20] {jfjf64} y

[10:20] {ese} see ya vad

[10:20] {dino} cya es

[10:20] {dino} mnkd deep pullback

[10:27] {vinod} Talking about TARP they wants to drive the market higher?

[10:27] {Threei}  they just post news

[10:27] {nemo} yeah, maybe the math is too easy...60 billion returned on 877 billion lent

[10:27] {Threei}  not everything has hidden agenda

[10:28] {nemo} are you saying I'm paranoid

[10:29] {nemo} that was rude of SLM

[10:30] {vinod} intent of TARP was to loan out and help economy

[10:30] {nemo} I'm going to disagree...that might have been what was said for public consumption

[10:31] {dino} tarp was furthered for control

[10:31] {nemo} Dino, what was your stop?

[10:31] {dino} gsbc not stopped 

[10:31] {Threei}  US Treasury Geithner: Regulatory overhaul to come within a few weeks, must be matched overseas; US still faces substantial challenges

[10:31] {Threei}  - Economy will not see large revenue increases until 2011

[10:31] {Threei}  - Once recovery in place, will work on cutting deficit

[10:32] {dino} , but gappy, so wide .25ish

[10:32] {nemo} thank you

[10:33] {Threei}  White House Budget Director Orszag: Cost savings can be found in the medicare and medicaid programs

[10:33] {Threei}  why do I find it hard to believe

[10:34] {Threei}  BRCM consolidates close to high

[10:35] {dino} 1:1 nemo, but want 3:1

[10:35] {dino} 1:3 i mean

[10:36] {nemo} You're ability to read "gappy" charts is impressive

[10:36] {Threei}  DNDN...

[10:36] {dino} lucky thats all

[10:37] {dino} wynn, pru, crdn

[10:37] {nemo} let's not go there again :)

[10:37] {dino} .21 is the area that needs to fall

[10:38] {dino} pulled offers

[10:38] {nemo} there you go

[10:39] {dino} .50 was last top

[10:40] {Threei}  DNDN spiked hard off the level that wasn't really anything technical, but activity looked interesting

[10:40] {Threei}  let's see if we get pullback

[10:45] {dino} perhaps 1:2 was enough nemo

[10:46] {nemo} oy weh

[10:47] {Threei}  DNDN

[10:47] {Threei}  watching for pullback closer to .20

[10:49] {dino} lod's

[10:51] {nemo} BRCM faceplant

[10:52] {Threei}  bounce zone BRCM

[10:52] {Threei}  off .40

[10:52] {Threei}  watch NQ for hint

[10:54] {Threei}  stop under .40 if you went for it

[11:02] {Threei}  STT Confirms approval for repurchase of $2B in TARP

[11:02] {Threei}  will also initiate discussions with the US Treasury for the repurchase of the common stock purchase warrant issued to the US Treasury in October 2008. That warrant, initially exercisable for 5,576,208 shares of State Streets common stock, now represents an interest to purchase 2,788,104 shares

[11:05] {Threei}  US Treasury Sec Geithner: Pace of housing price decline has slowed; homeowners still face challenges

[11:05] {nemo} Captain Obvious

[11:07] {Threei}  can't tell whether BRCM has more... feel free to takes scalp who went for it

[11:13] {larisa} nice BRCM bounce call

[11:14] {Threei}  you took it?

[11:14] {larisa} from the second  bottom test

[11:14] {Threei}  :)

[11:15] {Threei}  DNDN, really thought it would give better entry

[11:15] {Threei}  barely lost .30 and spent 1/100 of second there

[11:16] {Threei}  what's with SCON?

[11:17] {Threei}  I don't see anything fresh

[11:20] {dino} palm sm l .25

[11:24] {Threei}  hmmm

[11:24] {Threei}  SCON... highly gambling thing... 5 break

[11:28] {Threei}  wow BRCM

[11:32] {Threei}  GS Confirsm TARP repayment

[11:33] {vinod} What would the banks’ balance sheets have looked like under mark-to-market?, 

[11:36] {dino} nga

[11:37] {dino} gap around 6.30 nga

[11:39] {nemo} support around .75 too

[11:39] {dino} yes

[11:40] {dino} syna rock and roll

[11:41] {dino} sm l crdn .98

[11:42] {Threei} Long Setup:  DRYS  .40 break if holding above .30

[11:43] {dino} stop is .75

[11:43] {larisa} was just looking at DRYS :)

[11:43] {Threei}  not good larisa

[11:43] {larisa} i know

[11:43] {Threei}  having same thoughts as I do ought to be very disturbing

[11:44] {larisa} I did not have any, just looking as it was blinking green :)

[11:45] {Threei}  ok... you may be safe still but be on alert

[11:46] {Threei}  if sets up from here, hardcore scalpers can use .35 as support

[11:46] {nemo} hardcore or pesky?

[11:46] {Threei}  same thing...

[11:49] {Threei}  US Treasury Sec Geithner: Financial regulatory system needs a new body that would bring together the various parts of the system, will not propose concentrating all regulatory authority for systemic issues in one regulator

[11:49] {Threei}  - It is critically important for the US to draw up plans to cut deficits in the medium term.

[11:49] {Threei}  - Warns that there is "no path through the crisis" without more government debt

[11:50] {Threei}  there is "no path through the crisis" without more government debt... heh

[11:50] {Threei}  working hard to push through boss' message eh?

[11:50] {nemo} ...as long as somebody extends it.

[11:53] {dino} bth

[11:54] {magoo} sigh..just back

[12:03] {dino} this market is dead

[12:03] {larisa} they call it consolidation :)

[12:03] {Threei}  DRYS is invalidated

[12:04] {jfjf64} vad  lk axp   somethin gotta gv

[12:04] {dino} call it whatever you want, nothig really moving

[12:04] {dino} nothing

[12:04] {larisa} nofing

[12:05] {Threei}  I can't tell which way jf

[12:07] {jfjf64} yikes

[12:07] {Threei}  SQNM?

[12:07] {jfjf64} axp   market help

[12:08] {Threei}  anyone see anything on SQNM anywhere?

[12:08] {Threei}  nothing on my newsfeed

[12:09] {larisa} nope

[12:09] {fernp} nothing here (DJ News)

[12:10] {dino} no vad

[12:10] {dino} nothing at cyber

[12:10] {Threei}  ty... maybe hype somewhere

[12:10] {Threei}  I am sensitive to this thing's movemens, it feels to me highly charged with potential explosion should any bit of good news come its way

[12:11] {dino} i hope you are talking about the stock

[12:11] {Threei}  resistance on daily is around 3.75 - 3.80

[12:12] {Threei}  if it attracts interest, there is so much air above it without any slightest sign of resistance

[12:12] {dino} fdo partial fill, l .70

[12:13] {Threei}  if something does start happening there, it's a swing trade candidate providing we can get it early

[12:13] {Threei}  with potential to double

[12:16] {Threei}  somethinbg's brewing

[12:17] {pita} where do you like it?

[12:17] {Threei}  there are no technicals to such parabolic move...

[12:18] {Threei}  over 10% in a matter of minutes...

[12:19] {dino} stockwolf.com, strong buy vad

[12:19] {Threei}  gosh... who is that?

[12:20] {jfjf64} stockdogs cousin     lol

[12:20] {dino} lol

[12:20] {dino} i think it's a site run by magoo

[12:20] {Threei}  you think dawg and wulff have something to do with that?

[12:20] {dino} perhaps

[12:21] {jfjf64} hv to try and laugh    lk axp    

[12:28] {Threei}  LVS CEO: Hopes to expand Bethlehem property, add craps & blackjack tables (9.78, -0.18, -1.81%)

[12:28] {Threei}  DRYS formed C&H...

[12:29] {jfjf64} still break .40

[12:29] {Threei}  market looks to be preparing to traditional ramp-up... if starts making new highs, DRYS is .40 break canadidate again

[12:30] {Threei}  not an easy player lately

[12:31] {Threei}  SQNM more or less formed something to try if you like it

[12:31] {Threei}  .65 break

[12:31] {Threei}  stop for those hardcore scalpers under .60, otherwise (and my preference) under .55

[12:32] {jfjf64} in .66

[12:32] {jfjf64} comon buyers

[12:34] {Threei}  hardcore, aka pesky ones have 1:1

[12:35] {jfjf64} yeah  ty

[12:35] {jfjf64} double top formin

[12:35] {dino} out crdn .27, +.29

[12:36] {Threei}  dunno... volume is rather breakish

[12:37] {Threei}  ideally, should hold as close to .75 and possible and break it after little rest

[12:38] {Threei}  that should set next leg up in motion

[12:38] {Threei}  and take it closer to 4

[12:45] {magoo} was there bad news goog aapl or general mkt tech wreck vad?

[12:46] {Threei}  GOOG, main thing about it is unexpcted success of new MSFT search engine

[12:46] {Threei}  funny enough named BING

[12:46] {Threei}  BING vs GOOG...

[12:46] {magoo} oh yea..saw commercial

[12:47] {Threei}  there was a report earlier

[12:47] {Threei}  MSFT's share of search increased

[12:50] {magoo} howa bout aapl?

[12:51] {Threei}  nothing but upgrades and positive comments

[12:54] {Threei}  US) Treasury Spokesperson: Confirms that banks repaying TARP funds to be free of all pay, dividend and share buyback restrictions

[12:55] {nemo} stop on fdo Dino?

[12:56] {dino} b/e

[12:57] {dino} syna hod

[12:57] {dino} osip lod

[12:58] {Threei}  ALGN Hearing Dealreporter making positive comments on prospects as a takeover target

[12:58] {dino} fdo trouble w/.82

[12:58] {Threei}  Dealreporter... lol

[12:58] {Threei}  OK SQNM... noq or never

[12:59] {Threei}  noq = now... I guess

[13:00] {jfjf64} .75 break vad   you lk??

[13:00] {nemo} 4k jf

[13:01] {Threei}  yes but I am in from lower

[13:01] {Threei}  Prez on TV soon

[13:02] {Threei}  TREASURY'S $35B 3-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.82 V 2.66 PRIOR AND 2.51 AVG OVER THE LAST 10 AUCTIONS

[13:02] {Threei}  - indirect bidders take 43.8% of competitive bids

[13:02] {Threei}  - notes draw 1.96% with 52.27% allotted at high

[13:02] {Threei}  okay SQNM

[13:03] {Threei}  1:1 for "otherwise-ish"

[13:04] {Threei}  I am half out

[13:07] {Threei}  TREASURY'S $35B 3-YEAR NOTE AUCTION BID-TO-COVER RATIO: 2.82 V 2.66 PRIOR AND 2.51 AVG OVER THE LAST 10 AUCTIONS

[13:07] {Threei}  - indirect bidders take 43.8% of competitive bids

[13:07] {Threei}  - notes draw 1.96% with 52.27% allotted at high

[13:07] {Threei}  oops

[13:07] {Threei}  werong one

[13:07] {Threei}  US Senate Aide: Senate has indicated healthcare as priority; financial reform later in the autumn (related IYH XLF )

[13:08] {Threei}  prez on TV

[13:08] {Threei}  (US) President Obama: TARP repayments are a positve sign, but they are not a signal the crisis is over (related XLF )

[13:09] {Threei}  SQNM baby

[13:10] {Threei}  notes the govt has made a profit on the return of the first round onf TARP funds

[13:13] {dino} out gsbc .10 +.50

[13:13] {dino} fdo flat

[13:14] {larisa} gj

[13:15] {Threei}  new high SQNMee

[13:15] {Threei}  1:2, 1/4 more out

[13:16] {Threei}  [12:38] {Threei} that should set next leg up in motion

[13:16] {Threei}  [12:38] {Threei} and take it closer to 4

[13:17] {larisa} I thought only magoo likes to quote  himself :)

[13:17] {Threei}  no, we all do 0 when we nail it right

[13:17] {Threei}  and in this case, it was the easiest way to outline my target for the next portion

[13:19] {Threei}  stop for last part is under .70

[13:20] {larisa} :)

[13:22] {Threei}  over 1:3

[13:22] {Threei}  4 on the nose

[13:22] {Threei}  me out

[13:23] {Threei}  +.30

[13:23] {Threei}  not too shabby for a cheapie

[13:23] {Threei}  I still think it has more in it but probably not today

[13:24] {dino} gj

[13:24] {Threei}  ty

[13:24] {Threei}  pita... I know you have this habit to sit on them...but consider partialing at least

[13:25] {dino} fdo rinsed

[13:32] {dino} isle

[13:35] {Threei}  look at SQNM go

[13:35] {dino} sm pru .25

[13:35] {Threei}  I called it potential double when it was around 3.60, right?

[13:36] {Threei}  Larisa... this is me booking right to quote myself when it's above 7

[13:36] {nemo} so it'll hit 7.20 today?

[13:36] {Threei}  today??

[13:36] {nemo} :)

[13:36] {Threei}  [12:13] {Threei} if something does start happening there, it's a swing trade candidate providing we can get it early

[13:36] {Threei}  [12:13] {Threei} with potential to double

[13:36] {Threei}  swing

[13:40] {Threei}  01:39 PM [SQNM] Strength attributed to chatter that SQNM may be close to resolving issues of mishandlded data for SEQureDx Trisomy 21 Test

[13:40] {Threei}  - reminder: on 4/29 the stock fell over 75% on a report it would delay the launch of its SEQureDx Down syndrome test, due to the discovery by company officials of employee 'mishandling' of R&D test data and results.

[13:45] {Threei}  I am not delighted by this bit of news

[13:46] {Threei}  I would prefer it to move on now news/no rumors

[13:47] {nemo} DRYS is like a wandering drunk

[13:47] {dino}  palm stop to .55

[13:47] {dino} all dayer

[13:48] {nemo} another one of those $50/hr. stocks...pitiful

[13:49] {Threei}  how about that, SQNM

[13:49] {Threei}  lol

[13:49] {dino} lol

[13:49] {nemo} 7.20 today

[13:49] {Threei}  nah

[13:50] {dino} tighten to .60

[13:50] {dino} mkt drop

[13:53] {dino} wynn sm l .25

[13:53] {pita} cu all later

[13:53] {dino} cya pita

[13:53] {Threei}  pita... exited SQNM??

[13:56] {dino} palm to .65

[13:57] {dino} to .75

[13:57] {dino} out palm .75, +.50

[13:57] {Threei}  nice PALM

[13:57] {nemo} and this is before ppt intervention after 3:00

[13:57] {Threei}  gosh... what ppt... what intervention...

[13:58] {dino} tks

[13:58] {nemo} forgot...I'm delusionally paranoid

[13:58] {Threei}  amazing how these suggestions become assumptions then acepted "facts"

[13:59] {Threei}  as if any upward move couldn't happen without intervention

[14:02] {larisa} I am with nemo, i like conspiracy theories

[14:02] {Threei}  I do too

[14:02] {dino} if these were down moves they would be screaming for shorts' heads

[14:02] {Threei}  I just don't believe in them

[14:02] {dino} ironic isn't it

[14:02] {Threei}  yeah

[14:02] {nemo} you mean there's no Easter Bunny?

[14:03] {Threei}  any move is consipracy if it happens against your opinon

[14:03] {Threei}  ummm... nemo...

[14:03] {Threei}  I don't know how to tell you this...

[14:03] {nemo} I'm sitting down

[14:03] {Threei}  but, about Santa...

[14:03] {nemo} pedophile?

[14:03] {Threei}  janitor

[14:04] {nemo} speechless

[14:04] {Threei}  sorry

[14:04] {dino} syna continues

[14:04] {nemo} Vodka is right in the drawer...hold on

[14:06] {nemo} is that a daylong C&H on tndm

[14:06] {nemo} ?

[14:06] {nemo} warped though it may be

[14:07] {Threei}  not very clean, but more or less, yeah

[14:30] {dino} .

[14:30] {nemo} ?

[14:30] {Threei}  !

[14:31] {nemo} what's with the "." anyway?

[14:31] {dino} thought i wasn't here

[14:31] {nemo} stick yourself with a fork

[14:31] {patience} ouch

[14:32] {dino} not done yet

[14:32] {nemo} if you feel pain, you're there

[14:32] {nemo} Yeah, I'm always a little soft

[14:32] {Threei}  conversation becomes an embodiment of intelligence

[14:32] {dino} you poor guy

[14:33] {nemo} mmmmhhhh....no comment

[14:33] {dino} wynn, and pru trouble w/.50

[14:33] {nemo} are youu long wynn?

[14:33] {Threei}  extraterrestials would have been delighted to contact us readuing this dialog

[14:33] {dino} what do you think we are vad

[14:34] {Threei}  oh

[14:34] {Threei}  sorry... I tend to forget nemo is from Betelgeuse

[14:34] {nemo} This sound familiar...You want to know who you are, tell me who you

[14:34] {nemo} who your friends are

[14:34] {nemo} nah...shot me right out of Cygnus X-1

[14:36] {nemo} tndm woulda' been a good idea

[14:37] {nemo} that tck is basically non-stop since March

[14:39] {dino} utek

[14:42] {Threei}  WFC Exec: Company has yet to apply to repay TARP; attempting to repay TARP at earliest possible date (25.61, 0.22, 0.87%)

[14:42] {Threei}  ummm... may be today, SQNM... lol

[14:42] {nemo} you laughed at me :(

[14:43] {Threei}  4.48 is high from 05/04

[14:43] {Threei}  highest point it's ever been since big gap

[14:43] {nemo} and 14ish was when it collapsed

[14:44] {dino} pullback

[14:58] {jfjf64} just  got  back    look at sqnm   wow    ya called  it

[14:58] {nemo} vad, kick pru fir dino

[14:58] {Threei}  thought we had a day or two for accumulation

[14:59] {Threei}  which way pru?

[14:59] {nemo} thought you already did it

[15:00] {dino} out wynn .55, +.30

[15:02] {dino} up vad

[15:02] {Threei}  lol

[15:02] {Threei}  good thing I kicked right way before asking

[15:02] {nemo} ready, fire, aim

[15:03] {dino} can't get thru .50

[15:03] {nemo} ppt in 20 minutes, just wait :)

[15:03] {Threei}  which way? {G}

[15:05] {dino} strange, just had a call from sirf tech, about proxy

[15:07] {dino} snda up to old tricks

[15:10] {Threei}  one more interesting cheapie making a move today: RFMD

[15:10] {jfjf64} hvy vol

[15:19] {dino} bth sm l .19

[15:22] {nemo} I'm off..cu 2mor O

[15:22] {nemo} frickin' sqnm

[15:22] {larisa} bye :)

[15:23] {dino} cya larisa

[15:23] {larisa} it was bye to nemo, but thank you  :)

[15:27] {dino} lol, well consider it prepaid

[15:27] {larisa} :)

[15:28] {Threei}  SQNM starts looking like 5

[15:30] {vinod} Yes, I missed it. always tomorrow?

[15:31] {_levelseven} test

[15:31] {Threei}  let's hope it gives us pullback

[15:31] {KSystems} welcome levelseven!

[15:31] {KSystems} we've been waiting for you!

[15:31] {_levelseven} looked like you might have been waiting a long time for me to type the correct pw

[15:31] {dino} yes welcome l7

[15:31] {KSystems} last 30mins we're entering

[15:31] {_levelseven} hi dino

[15:32] {KSystems} lets see if cards are gonna be shuffled again

[15:32] {jfjf64} axp  .90 break  for  me

[15:32] {Threei}  vinod, you weren't here at the moment of original call on SQNM?

[15:32] {Threei}  5

[15:34] {vinod} I was not here.

[15:34] {Threei}  BAC US House Committee subpoenas Federal Reserve over BoA/Merrill merger; with regards to securing documents in merger (12.05, -0.01, -0.08%)

[15:34] {Threei}  ugh... too bad :(

[15:34] {Threei}  knowing you, I don't doubt you would be all over it

[15:34] {vinod} I accepted this is going to be this way because of my job

[15:35] {Threei}  yeah

[15:35] {Threei}  and it was called for all tastes... as a scalp, as day trade and as a swing

[15:35] {dino} job? what do you do?

[15:35] {vinod} I am a hardware engineer server expert

[15:36] {dino} out pru .45, +.20

[15:36] {_levelseven} anyone play GORX today?

[15:36] {dino} cool vin

[15:36] {vinod} dino-I manage 1400 server all make and model

[15:37] {dino} wow, bright guy

[15:37] {Threei}  no l7

[15:37] {jfjf64} axp 1/1

[15:37] {Threei}  we generally avoid srocks under $1

[15:37] {jfjf64} 27 should blast off

[15:37] {vinod} thanks dino

[15:38] {dino} i do this, and flip r.e.

[15:39] {jfjf64} big fight at 27

[15:39] {Threei}  absence of any resistance till above 10 for SQNM shows

[15:39] {Threei}  nothing but air

[15:40] {vinod} might hit 6 today SQNM

[15:40] {Threei}  20 min left

[15:40] {Threei}  seems a buit extreme :})

[15:41] {Threei}  tomorrow though, quite possible

[15:42] {KSystems} we should have music in here

[15:42] {jfjf64} that was great call sqnm  this mornin  do  you  have  ya call there  

[15:42] {jfjf64} when ya posted it

[15:43] {Threei}  hmm?

[15:43] {Threei}  I need my decoder ring

[15:43] {larisa} just quote yourself again :)

06[15:43] * KSystems pushed a babelfish into 3i's ear

[15:43] {Threei}  rofl

[15:43] {jfjf64} that  quote  should go  in ya next book    lol

[15:43] {dino} ks music in my office all day

[15:44] {dino} bwld sm l .50

06[15:44] * Threei slaps KSystems around a bit with a large well-known electornic book with huge letters DON'T PANIC on the cover

[15:44] {KSystems} :))))

[15:45] {KSystems} Oh freddled gruntbuggly...

[15:46] {Threei}  well guys... I am not too jazzed to call overnight on SQNM after such run,

[15:46] {Threei}  but definitely something for tomnorrow

[15:46] {Threei}  hopefully it doesn't just gaps and runs on us

[15:46] {dino} bth stopped -.20

[15:46] {Threei}  RFMD is definitelt candidate too

[15:48] {Threei}  (US) Treasury Sec Geithner: Global crisis is receding a bit, encouraged by signs in demand and confidence data

[15:48] {Threei}  - G8 agenda will be recovery and reform, meeting to mainly be about taking stock. (related EUR/USD GBP/USD USD/JPY TLT SHY )

[15:49] {jfjf64} gn all

[15:49] {Threei}  take care jf

[15:49] {vinod} see you tomorrow

[15:50] {Threei}  watch SQNM for possible pullback

[15:50] {dino} cya jf, vin

[15:50] {Threei}  if profittaking hits for real, it may give pullback big enough for safer entry for overnight

[15:50] {Threei}  4.50, I would grab

[15:50] {jfjf64} hmm

[15:51] {larisa} see you later all :)

[15:51] {Threei}  larisa :)

[15:51] {fernp} good evening all. see u tomorrow

[15:51] {Threei}  taje care fern

[15:51] {_traderw} good evening all!

[15:52] {Threei}  traderw :)

[15:54] {dino} out bwldv .56, +.06

[15:54] {dino} cya trader

[15:54] {dino} fernp

[15:54] {Threei}  no pullback

[15:54] {dino} bwld no fill sorry

[15:56] {Threei}  okay guys, thank you all

[15:57] {Threei}  have a good evening, see you tomorrow

[15:57] {dino} bth rinsed

[15:57] {dino} cya 3i

Jun 08 2009

One word: boring

Session Time: Mon Jun 08 00:00:00 2009

[08:06] {Threei}  MITI Blinatumomab Achieves Primary Endpoint in Phase 2 Study with Acute Lymphoblastic Leukemia Patients

[08:06] {Threei}  - Announced that the German Multicenter ALL Study Group (GMALL) presented phase 2 clinical data

[08:34] {vinod} good morning--nemo

[08:35] {nemo} vinod :)

[08:35] {Threei}  vinod, nemo :)

[08:36] {vinod} good morning vas i though it is early for you?

[08:36] {vinod} lets make it best week ever!!!!!!!!

[08:37] {KSystems} Good morning

[08:38] {Threei}  KS :)

[08:38] {nemo} morgen

[08:38] {Threei}  I like the red vinod

[08:38] {Threei}  we need pullback

[08:38] {Threei}  this slow creep leaves too few opportunities

[08:39] {cosmo} unless you like naps...

[08:39] {vinod} This Sunday I fixed some server at PMTI, their new product going to fly sold by J&J

[08:39] {Threei}  I don't... neither I dislike them... they are natural part of life

[08:41] {vinod} lost connection

[08:41] {cosmo} natural?  ....k   ...so be that way then...

[08:50] {pita} morning all

[08:50] {Threei}  pita, larisa :)

[08:51] {larisa} good morning :)

[08:51] {pita} happy Monday

[08:52] {Threei}  what's with SLM

[08:52] {Threei}  I don't see anything fresh

[09:03] {Threei}  20 min ago:

[09:03] {Threei}  ANPI Granted FDA 510(k) clearance of the Option Inferior Vena Cava Filter

[09:03] {Threei}  - FDA has granted 510(k) clearance for the Option Inferior Vena Cava (IVC) Filter in the United Stat

[09:06] {ese} good morning

[09:07] {Threei}  ese :)

[09:07] {ese} things are lookin down....how glum

[09:09] {fernp} good morning all

[09:09] {ese} fern

[09:09] {Threei}  fern :)

[09:18] {vinod} Little bear market inside bear market rally of a bull market—something like that going on

[09:19] {Threei}  lol

[09:19] {nemo} that hurts trying to think about it

[09:19] {ese} hmmmm news seems slightly up Canadian housing starts ..slightly up...Janpanese Bankrupcies...slightly down...Swiss unemployment ...slightly down etc etc....

[09:19] {dino} gm all

[09:19] {Threei}  dino :)

[09:19] {ese} dino

[09:19] {nemo} dino :)

[09:19] {ese} most everthing on the positive side

[09:19] {pita} hey dino

[09:21] {vinod} everything is not worse than expected

[09:21] {dino} :)

[09:22] {ese} indeed

[09:22] {Threei}  (CA) Reportedly Province of Ontario to issue USD 5-year benchmark bond

[09:25] {Threei}  watching SLM and ANPI

[09:28] {Threei}  IMF's Strauss Kahn: Are moving ahead to build early warning system that will be used to avoid future crises (related EUR/USD )

[09:28] {Threei}  good luck

[09:28] {Threei}  VITA Receives FDA Clearance for CORTOSS Bone Augmentation Material in Treatment of Vertebral Compression Fractures (4.39, 0.00, 0.00%)

[09:29] {Threei}  halted

[09:33] {Threei} Long Setup:  ARQL  .54 half lot

[09:34] {Threei}  if stays above .35

[09:34] {nemo} How do you play that, try to catch it as .54 is about to break?

[09:34] {Threei} Long Setup:  SLM  .40 break

[09:34] {Threei}  if stays above .30

[09:34] {Threei}  yes, trying to hit as .54 starts scrolling

[09:35] {Threei}  not being first to buy

[09:35] {Threei}  modify SLM

[09:35] {Threei}  .36 long

[09:36] {Threei}  double bottom aggressive play with very tight stop ubnder .30

[09:36] {Threei}  invalidated

[09:37] {ese} fitb going against the grain

[09:37] {nemo} dino...ceph

[09:37] {jfjf64} luv it ese   .12  long

[09:38] {jfjf64} mornin all

[09:38] {Threei}  jf :)

[09:38] {ese} i;m thinkin .10

[09:38] {dino} ceph, not thrilled was down hard friday so...

[09:39] {ese} nice litle consolidation here

[09:39] {jfjf64} in

[09:39] {ese} L .11

[09:39] {dino} wynn, bwld, joyg

[09:39] {ese} out .19

[09:39] {jfjf64} half oot

[09:40] {Threei}  double bottom setup is back on SLM, only stop would have to be under .25

[09:40] {ese}  on 5k

[09:40] {nemo} beak VAD?

[09:40] {Threei}  good job

[09:40] {ese} nice jf

[09:40] {nemo} break

[09:40] {Threei}  same .36 trigger

[09:40] {ese} +.08

[09:40] {nemo} k

[09:41] {ese} 5k

[09:41] {jfjf64} nice

[09:41] {ese} nice source of income this stock

[09:41] {ese} are you out jf?

[09:41] {jfjf64} n

[09:42] {jfjf64} yes now

[09:42] {ese} good one

[09:42] {jfjf64} +.10   +.03

[09:42] {Threei}  SLM Strength attributed to positive pre-market note from William Blair analyst (7.35, 0.74, 11.20%)

[09:43] {ese} nicee

[09:43] {jfjf64} slm  turn

[09:44] {jfjf64} ty ese   brought  it to  field   

[09:46] {ese} field of battle?

[09:46] {jfjf64} get ready slm

[09:48] {jfjf64} .35 bein stubborn

[09:48] {Threei}  good

[09:48] {Threei}  reinforces the trigger

[09:49] {nemo} in

[09:49] {jfjf64} in

[09:49] {nemo} did I boo boo

[09:49] {nemo} ?

[09:50] {Threei}  ??

[09:50] {Threei}  irt broke, didn't it

[09:50] {nemo} yeah, I'm in

[09:50] {Threei}  so what';s the problem?

[09:50] {nemo} history

[09:50] {nemo} :)

[09:52] {dino} palm

[09:53] {Threei}  Sunday, June 07, 2009 6:42:17 PM

[09:53] {Threei}  Palm, Inc MSNBC comments on early demand trends for the "Pre" released exclusively for Sprint this weekend

[09:53] {Threei}  - According to MSNBC, the lines were much shorter than those that developed around Apple stores for its first iPhone 2 years ago.

[09:53] {Threei}  - A Sprint spokeswoman said late Saturday that Sprint had sold out of Pre phones at a number of different locations around the US and that the company was doing its best to restock stores.

[09:53] {Threei}  A related report from mocoNews.net noted that hours after the Pre went on sale on Saturday, retailers started reporting shortages of the devices and were adding customers to waiting lists.

[09:53] {Threei}  - mocoNews.net added that one report disclosed that 1 Sprint store in San Francisco sold 60 Pre devices within 2 hours.

[09:54] {dino} good news is bad i guess

[09:55] {Threei}  well, at the same time:

[09:55] {Threei}  ** Note, weekend FT report cites early positive reviews from critics, but also sees entering a "crowded" smartphone market from a "standing start" as a big challenge. Report mentions marketing and "app store" development costs falling on the company; also sees success of the launch being hindered by exclusivity to Sprint, which is perceived as 2-nd tier in quality wireless network. Suggests the initial report on demand for Pre could determine if the company will remain independent or be acquired by a larger smartphone player

[09:55] {ese} whats this device?    phone?

[09:55] {Threei}  yeah

[09:55] {Threei}  no worky SLM

[09:56] {Threei}  startyed climbing nicwely, then fell off a cliff

[09:56] {pita} head fake?

[09:57] {Threei}  no idea

[09:58] {pita} q's also down

[10:00] {jfjf64} slm?????????

[10:00] {Threei}  ???????

[10:00] {nemo} got faked oub by that retest

[10:00] {ese} l fitb .18

[10:01] {Threei}  VITA opens

[10:02] {Threei}  not much enthusuasm on it

[10:02] {nemo} frickin slm

[10:03] {Threei}  shakeout

[10:04] {nemo} yeah, double bottomed on us

[10:04] {ese} out fitb ..24

[10:04] {ese}  =}06

[10:04] {ese} +.06

[10:04] {fernp} gj ese

[10:04] {ese} tks

[10:05] {ese} me thinks this could shoot for the stars today

[10:05] {ese} opps missednext entry

[10:06] {Threei}  US Congressional Replicans reportedly oppose the 'public option' for health care (related IYH )

[10:10] {Threei}  US Congressional Republicans formally declare opposition to the 'public option' for health care in letter to President Obama

[10:10] {Threei}  - state that public option will harm private coverage

[10:10] {nemo} ceph dino

[10:10] {dino} sm l pnra .05

[10:11] {dino} not liking it nemo

[10:11] {dino} sm l titn .25

[10:11] {nemo} no, it moved alot this morning

[10:11] {nemo} stops dino

[10:12] {ese} waitin on fitb pullback

[10:12] {dino} titn .97, pnra .73

[10:12] {dino} fdo holds well

[10:12] {pita} to where ese, fitb?

[10:12] {dino} i want palm l, not sure where

[10:13] {ese} not sure pita

[10:14] {ese} .just above .20 i'm thinkin

[10:16] {ese} l fitb .25

[10:17] {dino} mkt not cooperating

[10:18] {dino} enoc drop, thinny

[10:18] {dino} kirk

[10:19] {Threei}  SLM{ that was rude

[10:19] {dino} hans watch, was down 4 0r 5 friday

[10:21] {dino} pru

[10:22] {ese} out fitb .30

[10:22] {dino} titn stopped -.29

[10:23] {ese} +.05 smaller 3k

[10:27] {Threei}  HRAY Shares halted; news pending

[10:31] {Threei}  VNDA Hearing shares trading higher on the back of takeover chatter -thestreet.com (13.40, 0.50, 3.88%)

[10:32] {Threei}  contemplated 13 break long just a few min ago

[10:33] {dino} pnra stop to .45

[10:35] {dino} to .49 mkt falling

[10:37] {dino} out pnra .47 ave., +.42

[10:40] {dino} vrsn

[10:40] {nemo} look at pnra dino, hit your stop and turned

[10:41] {dino} yeah, i see it too tight

[10:41] {dino} vrsn sm l .94

[10:42] {nemo} stop lod dino

[10:42] {dino} .72 imo

[10:44] {ese} could be a good up day today....

[10:45] {nemo} slm  really rude

[10:46] {Threei}  no kidding

[10:46] {Threei}  this thing turns into runner

[10:46] {Threei}  let's trail ARQL stop to under .45

[10:46] {Threei}  don't like the way it stalled

[10:47] {dino} dxcm

[10:47] {dino} ?

[10:48] {Threei}  nothing fresh

[10:49] {Threei}  CNBC mention

[10:51] {ese} L fitb. 36  aggressive entry

[10:52] {jfjf64} .40 for me ese   lets go

[10:52] {ese} this will break....just a matter of time

[10:53] {jfjf64} fas goin

[10:54] {Threei}  FITB doesn't follow this time

[10:54] {jfjf64} weird

[10:56] {dino} vrsn stopped -.22

[10:56] {ese} yup

[10:57] {ese} i'm small 1500 so my stop is a litle wider

[10:58] {ese} break of .40 is still a good bet here

[10:58] {jfjf64} thinkin .35 now   with  fas

[10:58] {Threei} Short Setup: CAT  .40 break

[10:59] {jfjf64} in cat

[10:59] {nemo} in where stop

[11:00] {Threei}  for scalp, above .50, for day trade above .60

[11:02] {vinod} in cat

[11:03] {Threei}  low volume on bounce

[11:04] {vinod} nemo kick CAT to go under 37

[11:04] {Threei}  As many as nine banks could be on the short list to return TARP funds - CNBC (related XLF )

[11:05] {jfjf64} vad  banb this cat over head

[11:05] {Threei}  my quotes stalled

[11:06] {Threei}  where is it now?

[11:06] {nemo} .41

[11:06] {nemo} .42

[11:06] {nemo} .43

[11:06] {dino} cat 37.43

[11:06] {nemo} 44

[11:06] {nemo} 43

[11:07] {nemo} 43

[11:07] {nemo} 42

[11:07] {Threei}  restored now

[11:07] {Threei}  asheesh SLM

[11:07] {Threei}  1:1 for scalpers CAT

[11:08] {nemo} ty

[11:08] {fernp} ty

[11:08] {jfjf64} ty

[11:08] {Threei}  everyone's scalper?

[11:08] {vinod} ty

[11:08] {Threei}  sigh

[11:08] {nemo} today not too clear yet

[11:09] {Threei}  I know exactly what time it's going to become crystal clear

[11:09] {nemo} never

[11:09] {Threei}  why... 4 pm EST

[11:13] {vinod} short CAT again?

[11:14] {dino} pru sm l .45

[11:15] {jfjf64} cof .60  long

[11:15] {dino} fdo sm l .60

[11:15] {Threei}  not sure vinod

[11:15] {Threei}  kind of 50/50

[11:15] {dino} joyg

[11:21] {dino} joyg sm l .55

[11:22] {nemo} stop on joyg dino?

[11:23] {dino} .23

[11:31] {Threei}  Goldman US Economist: Worst of US banking crisis is 'clearly over'; banks may need to recognize $500B in additional losses

[11:31] {Threei}  - Comments that the Fed is not anywhere near raising interest rates; deflation risks higher than that of inflation risks

[11:31] {Threei}  - Sees rates remaining 'extraordinarily low'

[11:33] {Threei}  11:19 HRAY Shanda Interactive to take 51% stake in company; at $4/ADS; valued at $46.2M

[11:33] {Threei}  - The offer price represents an approximately 25% premium over Hurray!''s closing price on

[11:34] {nemo} looks like scalpin was the thing to do on cat

[11:34] {Threei}  obviously

[11:35] {nemo} Can I put the "O" on my chest?

[11:35] {Threei}  not that I am against scalping as you know... but I have to express obligatory disgust with pesky scalpers

[11:36] {nemo} natural reaction

[11:37] {ese} my fitb stop is .15 jf....whats yours

[11:41] {Threei}  SLM dive

[11:42] {Threei}  under .60 should be interesting for a bounce

[11:43] {Threei}  did it actually go there or it was out of bounds print?

[11:44] {nemo} tail on candle goes to .55

[11:44] {Threei}  I see tail, I didn't want prints at the moment while typed alert

[11:44] {nemo} two different sources

[11:44] {Threei}  so not sure it actually went there

[11:44] {Threei}  didn't watch

[11:44] {nemo} I checked charts from two different sources, went there

[11:45] {Threei}  sigh

[11:45] {Threei}  read what I am saying nemo :)

[11:45] {Threei}  chart may not be the answer

[11:46] {nemo} I understand.  I was just saying from two different data feeds there was evidence of transactions below .60  I didn't look for prints

[11:46] {Threei}  let it drop under .60 and look for it to stabilize near .50 or lower

[11:46] {Threei}  alternatively, if never loses .60, .67 becomes long trigger

[11:48] {Threei}  if you have out of bounds print at .55 while bids and offers never actually went there, it can be dismissed, even though it will be reflected by chart as a tail

[11:48] {Threei}  that's the reason for my question, not the doubt in tail's existence

[11:48] {nemo} understand

[11:48] {nemo} I think

[11:49] {dino} mnkd

[11:50] {dino} vrsn slow death drop

[11:53] {dino} pru stop to b/e mkt fall

[11:54] {dino} wow mnkd

[11:55] {nemo} cat short?

[11:56] {Threei}  toughie

[11:59] {fernp} my 1:1 on SLM is here. TY Vad

[11:59] {Threei}  :)

[12:00] {Threei}  took it near .60?

[12:00] {fernp} .61

[12:00] {dino} palm sm l .60

[12:03] {ese} stopped .15 -.21 quel drag!

[12:04] {dino} joyg stopped

[12:04] {ese} ohhhh welllll.....sometimes you are the bug.....sometimes you are the windshield

[12:05] {dino} lots of stops today

[12:05] {dino} tndm blood

[12:11] {Threei}  CAT starts shaping up a bit better

[12:11] {Threei}  if we get market breakdown, .60 break short

[12:11] {Threei}  ideally, would like to see CAT staying under .70

[12:13] {dino} pru stopped flat

[12:17] {Threei}  President Obama: Moderate pace of job losses in May is one sign of economic improvement (related EUR/USD TLT SHY )

[12:19] {ese} am back.......

[12:23] {nemo} stop on cat?

[12:24] {Threei}  above .70

[12:24] {nemo} yep

[12:26] {pita} cu all later

[12:26] {Threei}  take care pita

[12:27] {nemo} stopped

[12:30] {nemo} rude cat

[12:36] {Threei} Long Setup:  FITB  .16 if stays above .10

[12:41] {nemo} lower highs lower lows on cat with market climbing

[13:04] {dino} vrsn last try sm l .90

[13:07] {fernp} 1:1 FITB ty Vad

[13:08] {Threei}  FITB 1:1

[13:08] {Threei}  fern :)

[13:08] {ese} nice fern.....

[13:08] {ese} nice vad

[13:08] {Threei}  that was 'ese call", ese

[13:08] {Threei}  for many little buggers

[13:08] {ese} cool.....i am loved

[13:09] {dino}  gj

[13:10] {ese} and on that note i have to bid you all farewell....off to the unreal world

[13:10] {dino} pru sm l .49

[13:10] {Threei}  lol... take care ese

[13:11] {dino} cya es

[13:11] {nemo} ese

[13:19] {Threei}  who is partialling out FITB, stop to under .20

[13:27] {Threei}  (US) San Francisco Fed: A jobless recovery is a plausible scenario

[13:27] {Threei}  ummmm

[13:27] {Threei}  okay...

[13:28] {Threei}  World Bank's Zoellick: Unclear where demand will come from to support global recovery; no need to add additional stimulus to worldwide economy

[13:28] {Threei}  from Mars?

[13:35] {dino} latvian debt crisis, failed to sell a single bill at treasury auction worth $100million

[13:35] {nemo} Iceland II

[13:36] {Threei}  yeah

[13:36] {Threei}  sad

[13:36] {Threei}  beautiful country

[13:36] {dino} eastern eurtopean debt crisis in making perhaps, keep in mind western eirope holds lots of that stuff

[13:37] {dino} rinse day, look at joyg, titn, pru

[13:37] {Threei}  Riga is one of my favorite cities

[13:37] {Threei}  amazing character

[13:43] {dino} enoc sm l .02 thin one

[13:48] {Threei}  ARUN decided to continue

[13:48] {Threei}  tough one, so slow

[13:49] {dino} palm stop to .89

[13:49] {dino} out +.29

[13:53] {Threei}  wtg

[13:56] {dino} ty

[14:06] {jfjf64} bk wkin  in anythn vad

[14:08] {Threei}  what?

[14:08] {larisa} lol

[14:09] {larisa} just say no vad

[14:09] {Threei}  kay

[14:09] {Threei}  no

[14:09] {jfjf64} i was away   are  we  in anythin

[14:09] {Threei}  no

[14:09] {Threei}  FITB played out

[14:09] {jfjf64} ty larissa

[14:09] {larisa} :)

[14:10] {jfjf64} :)

[14:11] {jfjf64} im watchin cof  anytin there vad

[14:14] {Threei}  nah

[14:15] {jfjf64} i agree

[14:18] {dino} vrsn stopped done w/it

[14:29] {Threei}  time to start measuring the degee of day's boredom in bruises on the chin

[14:30] {Threei}  today is about three ruises

[14:30] {Threei}  bruises

[14:30] {Threei}  XOMA Hearing Wedbush making positive comments (timing uncertain)

[14:35] {dino} out pru .79, +.30

[14:38] {dino} gtls

[14:44] {Threei}  SLM... hmmm

[14:44] {Threei}  oh

[14:44] {Threei}  Cramer

[14:44] {dino} sm l gtls .05

[14:45] {Threei}  {--- quietly back away

[14:45] {nemo} back away from what?

[14:45] {nemo} slm

[14:45] {nemo} ?

[14:45] {Threei}  what else did I talk about??

[14:46] {nemo} Just avoiding assuming

[14:46] {nemo} confirming

[14:46] {nemo} it'll be a nice short soon

[14:46] {dino} bcpc

[14:46] {Threei}  well... if I talk about SLM, it's not a very big leap of faith to assume that I mean SLM {G}

[14:46] {vinod} I shoeted CAT at 27.98

[14:47] {vinod} 37.98

[14:47] {nemo} I was going to say, did you cover?

[14:48] {vinod} will cober at 38.10

[14:51] {vinod} doesn't look good, so much for my skill

[14:51] {nemo} what's your stop?

[14:51] {nemo} oh yeah

[14:51] {nemo} nevermind

[14:52] {nemo} sfsg vinod

[14:59] {Threei}  (US) California Gov Schwarzenegger issues executive order cutting state budget; state cannot meet payment obligations after 7/29

[14:59] {Threei}  - state to eliminate funding for all contracts entered into after March 1;

[15:00] {Threei}  cuts exclude public safety funding.

[15:00] {Threei}  - also requires govt departments to submit budget plans that reduce future spending on contracts by a minimum of 15%.

[15:03] {nemo} mmmmmhhh...maybe slm is a good short now...it used to take a few days for a cramer comment to pull back

[15:04] {dino} lol

[15:08] {nemo} interesting action in gtls

[15:09] {dino} :)

[15:12] {dino} stop to .46

[15:13] {dino} to .50

[15:14] {dino} to .59

[15:15] {dino} slipped ave .58, +.53

[15:15] {Threei}  15 points NQ whole day range

[15:15] {nemo} I think you said that Friday?

[15:17] {Threei}  arre we alloed to have just one 15 points range day a year?

[15:17] {nemo} just remarking

[15:20] {vinod} look likw we will closed green

[15:22] {Threei}  possibly... but I don't really see candidates to trade

[15:22] {dino} not mucvh today

[15:23] {dino} ppt in action

[15:24] {vinod} ys, big buy order

[15:30] {nemo} that

[15:31] {nemo} that's impressive...slm retrace 76% of the Cramer Effect

[15:32] {dino} oiut enoc .42, +.40

[15:33] {dino} fdo to .90out fdo .91, +.31

[15:33] {dino} all day for 31 cents sheesh

[15:34] {nemo} basically $50/hr...pitiful

[15:34] {dino} lol

[15:36] {vinod} today I am 0/hr. should have gone long CAT at 37.30

[15:37] {larisa} like vad said, closer to 4 pm, clearer it gets :)

[15:38] {patience} down day for me, 1 trade....summer is here

[15:39] {nemo} me too 1 for 3

[15:40] {dino} up here but 200 light

[15:40] {vinod} tomorrow vad need to broadcast before 9.or forecast. no more closer to 4.00

[15:40] {dino} 6 stops 

[15:41] {Threei}  I caan tell you today

[15:41] {Threei}  tomorrow we will start with gap down but finishin green

[15:41] {larisa} how green ?

[15:41] {Threei}  light green

[15:41] {patience} god spoke to you vad?

[15:42] {vinod} tomorrows foreast can't be broadcast today

[15:42] {dino} vad is from the future

[15:42] {nemo} $200 light...you mean below target?

[15:42] {dino} yes

[15:43] {larisa}  you have $ target for a day? i wanna know how it works :)

[15:43] {nemo} $200 short on $20k, statistical :)

[15:43] {larisa} or it just mean once it met you go easy ?

[15:44] {dino} i want to average $700/day ,. i have been averaging under lately, roughly $550/day 

[15:44] {dino} yes once over 700, i get very stingy

[15:44] {larisa} got it

[15:45] {dino} nice thing tho, up 33 of 35 trading days

[15:45] {larisa} what your ave size dino ?

[15:45] {larisa} good job!

[15:45] {patience} very nice dino

[15:46] {dino} 400 mostly, friday afternoons in scalp mode to 1000; and really thin/wild ones 300

[15:46] {larisa} ty

[15:46] {dino} np, i trade small compared to most. but works ok for me

[15:47] {Threei}  will watch ARUN tomorrow

[15:47] {dino} i just need more trades

[15:47] {larisa} smaller lets you go for bigger risk/rewards and do not sweat

[15:48] {dino} yes, wider stops than most, plus i average roughly 1:1.5

[15:49] {dino} as 3i will tell you, a million ways to trade, find what works for your style/edge

[15:49] {larisa} I scalped VRSN today, did not want to tell you sinse it did not work for you, got .15. thanks

[15:50] {dino} oh, the wider stop is in cents, average loss is usually under $150

[15:50] {dino} gj larisa

[15:50] {larisa} lately big losers bounce late in the day

[15:50] {dino} good market fr my style

[15:51] {vinod} see you all tomorrow

[15:51] {dino} cya vin.

[15:51] {Threei}  Clinton on TV

[15:51] {dino} i have to go too, baseball game w/son

[15:52] {larisa} later :)

[15:52] {Threei}  nothing imnportant

[15:52] {Threei}  sharp drop FITB

[15:52] {Threei}  well, in tgerms of its todays range anyway

[16:00] {larisa} have a good evening all

[16:00] {nemo} gnite

[16:01] {Threei}  thank you all

[16:01] {Threei}  have a good evening, see you tomorrow

[16:01] {fernp} good evening all

Jun 05 2009

Intraday hasn't presented many opportunities so the day was mostly done hanks to two overnight holds, XOMA and ARUN, both of which performed admirably

Session Time: Fri Jun 05 00:00:00 2009

[08:04] {Threei}  Good morning

[08:04] {Threei}  liquidated 4K XOMA

[08:04] {nemo} haroo

[08:04] {Threei}  1K left

[08:04] {Threei}  nice start of the day, +1,252

[08:04] {nemo} wow.what price

[08:05] {Threei}  1.40 - 1.44

[08:05] {nemo} guess I should have gone for a trade instead of a scalp

[08:05] {Threei}  it had all the makings of much more than a scalp

[08:06] {Threei}  13:32] {Threei} XOMA

[08:06] {Threei}  [13:32] {Threei} possibly for overnight hold

[08:06] {nemo} I remember, just shook me out on the scalp try

[08:06] {tomg} took xoma with you, vad, ty

[08:06] {Threei}  tom :)

[08:07] {Threei}  y second overnight, ARUN... just one little print but +.37

[08:07] {tomg} took arun, too

[08:07] {Threei}  let's hope this one repeats the XOMA performance

[08:08] {nemo} well, if futures are any indication, sky's the limit today

[08:10] {Threei}  whole bunch of numbers at 8:30

[08:10] {tomg} heb vad?

[08:11] {Threei}  I don't see fresh news n it

[08:13] {Threei}  there is application by HEB at FDA for a drug

[08:13] {Threei}  was delayed couple times

[08:13] {Threei}  should be decided upon any day

[08:14] {Threei}  so I guess it runs on specualtion that FDA nods

[08:14] {tomg} k, ty

[08:17] {Threei}  GMGMQ OPEL plans no US launch for models following Magna deal

[08:17] {Threei}  of course not

[08:18] {Threei}  US will be getting little green cars who no one will want to buy

[08:18] {magoo} morning

[08:19] {Threei}  hey mags

[08:19] {magoo} :)

[08:19] {magoo} news this morn that steve jobs retuyrning to ctive duty @ AAPL

[08:19] {magoo} active

[08:21] {nemo} should we be ready to trade anything if the jobs report is favorable/unfavorable?

[08:22] {Threei}  I don't undertand the question

[08:22] {Threei}  something sets up, we play

[08:22] {Threei}  nothing does, we don't

[08:25] {vinod} GM

[08:25] {Threei}  vinod :)

[08:26] {tomg} gnbt?

[08:27] {Threei}  nothing fresh, general bio mania

[08:27] {vinod} HEB flying again

[08:27] {Threei}  yeah

[08:27] {Threei}  one can take only so many stocks overnight

[08:28] {tomg} ty, out nvax yesterday 3.20, ty for help

[08:28] {Threei}  :)

[08:30] {Threei}  MAY CHANGE IN NONFARM PAYROLLS: -345K V -520KE; CHANGE IN MANUFACTURING PAYROLLS: -156K V -150KE

[08:30] {Threei}  - Prior nonfarm payrolls revised from -539K to -504K

[08:30] {Threei}  MAY AVERAGE HOURLY EARNINGS M/M: 0.1% V 0.1%E; AVERAGE WEEKLY HOURS Y/Y: 33.1 V 33.2E

[08:30] {Threei}  - Average Hourly Earnings Y/Y: 3.1% v 3.1%e

[08:30] {Threei}  *MAY UNEMPLOYMENT RATE: 9.4% V 9.2%E

[08:31] {nemo} guess the recession is over

[08:34] {fernp} good morning

[08:34] {Threei}  fern :)

[08:34] {magoo} feels like mkts want to rip today

[08:46] {nemo} yeah, those job reports blew the futures right through the roof

[08:47] {Threei}  PIMCO's Bill Gross: Expects unemployment numbers to peak in Nov or Dec, doesn't expect Fed to raise rates any time soon (related EUR/USD TLT SHY )

[08:50] {Threei}  Reiterates that monthly job growth of 200K is needed to keep unemployment stable with new workers

[08:50] {Threei}  so far my XOMA exit looks brilliant

[08:50] {Threei}  although it can easily make me look stupid later on, lol

[08:51] {nemo} money in the bank...not stupid

[08:51] {nemo} well...figuratively...money in a bank can be very stupid

[08:58] {pita} greetings

[08:58] {Threei}  pita :)

[09:00] {chinggis} goodmorning

[09:01] {Threei}  chinggis :)

[09:03] {ese} good morniing.....ok thats a good vad....the grass is greener on the other side....funny

[09:03] {ese} good one

[09:09] {larisa} good morning :)

[09:10] {ese} I think vad is in the exercise room larisa

[09:10] {Threei}  ese, larisa :)

[09:11] {larisa} :)

[09:11] {ese} morning vad

[09:11] {Threei}  OK, dumped my ARUN +.30

[09:11] {Threei}  whole 1K

[09:11] {Threei}  XOMA exit looks better and better by the minute

[09:11] {Threei}  can I go home?

[09:12] {pita} @ 4pm Eastern

[09:13] {ese} i'm long Fitb .14 from end of day yesterday well ...i think about 3 ish

[09:13] {pita} I'm late this morning - looks like I've missed somethings again.......

[09:13] {Threei}  nice ese

[09:13] {pita} congrats ese

[09:14] {Threei}  pita, two overnight holds... XOMA and ARUN

[09:14] {Threei}  [15:55] {Threei} okay guys, I am doing what I haven't done in ages

[09:14] {Threei}  [15:56] {Threei} taking home not one but two stocks

[09:14] {Threei}  [15:56] {Threei} XOMA and ARUN

[09:14] {Threei}  [15:56] {Threei} XOMA is padded by selling half at 1:1

[09:14] {Threei}  [15:56] {Threei} ARUN is not

[09:14] {Threei}  [15:59] {Threei} bth broke 52 week highs and finish at the day high

[09:14] {Threei}  [16:00] {Threei} just in case something happens after the close, putting them for sale: XOMA at 1.45 and ARUN 7.25

[09:14] {pita} I've gotta figure out how to stay with this all day

[09:14] {Threei}  got 1.40 - 1.45 for 4K XOMA this morning and 7.30 for 1K ARUN

[09:15] {pita} very sweet

[09:16] {pita} but what have you done for me lately?  :)

[09:16] {Threei}  {--- crying, clamming up, moving to Tibet, enrolling in monastery

[09:19] {nemo} Now, now, Vaddy, don't let the Pain In the A.. hurt your fragile feelings.  PITA how could you do that to such a sensitive soul.....gag...puke...cough

[09:19] {pita} where's my crying towel?

[09:20] {ese} ahhh morning pita....nothing big.......all the good news in banks so i thought that i would get into fitb at the end of the day yesterday

[09:20] {Threei}  shhh nemo, don't spoil it for me... I just found all-female monastery

[09:20] {ese} it was more like 3 oclock

[09:20] {nemo} Whoa...let's go, I'm outta' here

[09:21] {ese} huh   really?

[09:22] {pita} anything left in FITB ese?

[09:23] {dptl} good morning all

[09:23] {Threei}  dp :)

[09:24] {vinod} sell on news, expecting market to go down by day end

[09:24] {jfjf64} mornin

[09:24] {Threei}  jf :)

[09:24] {Threei}  what news vinod?

[09:25] {nemo} jobs?

[09:25] {Threei}  oh

[09:25] {vinod} employment--they run upto it

[09:25] {ese} yes a couple of lots pita

[09:27] {pita} that's a big smile - good way to start the day for you and Vad.

[09:31] {dino} gm all

[09:32] {Threei}  dino :)

[09:32] {nemo} dino :)  hey, cah popped a bit then circled the drain

[09:32] {nemo} It's at 30.20 now

[09:32] {dino} tough one

[09:33] {dino} 29,30s is support last 2 days

[09:33] {nemo} oh yeah, woulda' been a head fake

[09:33] {vinod} vad-few day ago you mention TELK

[09:33] {dino} esi

[09:33] {dino} apol

[09:33] {dino} not participating, getting close to 89s on esi again. 

[09:34] {nemo} oooh apol.  yeech

[09:34] {Threei}  yes vinod

[09:34] {dino} you do realize 60k in jobs are these temp census takers

[09:34] {_traderw} goodmorning

[09:35] {Threei}  traderw :)

06[09:35] * nemo slaps chinggis around a bit with a large trout

[09:35] {Threei}  OK, out last 1K XOMA b/e

[09:35] {Threei}  made out like bandit on 9K, what's the point in nutruring this last little piece

[09:35] {nemo} psychological rationalization?

[09:36] {Threei}  I elect to call it stop trailing

[09:36] {nemo} works for me

[09:36] {dino} gj in any case

[09:36] {Threei}  ty

[09:36] {nemo} yeah, he cleaned up

[09:37] {nemo} his shoulder must be killing him

[09:37] {Threei}  US) White House Econ Advisor Romer: The rise in bond yeilds seen as a sign that confidence is increasing

[09:37] {Threei}  nah, shoulder is just fine

[09:38] {Threei}  who took ARUN but never exited, it startes moving

[09:38] {Threei}  keep stop under 6.95

[09:38] {Threei}  risk is negligible

[09:38] {ese} fitb crossed yesteredays high

[09:38] {Threei}  GMCR new highs

[09:39] {Threei}  HEPH Strength attributed to positive chatter about a potential partnership with MRK

[09:40] {Threei}  sheesh... any mention is enough to explode another little bio name

[09:44] {Threei}  ARUN ar 1:1

[09:44] {Threei}  take half or take scalp

[09:44] {vinod} I got trap in TELK and couldn't get out looks o.k now 3k

[09:45] {Threei}  partial out into this spike vinod

[09:45] {vinod} o.k thanks

[09:45] {Threei}  TELK can be very treacherous

[09:47] {Threei}  BAC Hearing Jim Cramer making positive comments on BoA, saying he " been warming up to this bank stock for quite some time" (12.00, 0.13, 1.10%)

[09:47] {vinod} out 1.37  in 1.06

[09:47] {Threei}  wtg

[09:47] {ese} out fitb .26 +.12

[09:47] {dino} gj guys

[09:48] {Threei}  hmmm... BAXC is dumping with market and not going with Cramer

[09:48] {Threei}  can market be bigger than Cramer??

[09:48] {Threei}  nah, it's silly

[09:48] {nemo} not his ego

[09:49] {ese} qqqq's tanking

[09:49] {dino} cramer kiss of death

[09:49] {fernp} fas tanking too

[09:49] {nemo} the C.K.D.

[09:49] {ese} naturally

[09:54] {dino} ceph

[09:55] {larisa} CAT nice bounces both ways today, 3 trades so far on it

[09:56] {larisa} {just trying to wake you guys up}

[09:57] {Threei}  watching WFC

[09:57] {Threei}  there should be a plaay in it

[09:57] {Threei} Long Setup:  WFC  .40 break if stays above .30

[09:58] {dino} sm risky l ceph .90

[10:00] {dino} fdo strange killed yesterday on upbeat report

[10:02] {Threei}  WFC setup is back

[10:05] {dino} ok open gaps filled

[10:06] {fernp} I hate WFC

[10:06] {Threei}  {WFC} oh don't say that :(

[10:07] {vinod} me too WFC

[10:07] {nemo} methree

[10:07] {larisa} tough one for me also, WFC, ignooring it mostly

[10:07] {Threei}  okay... what do you guys like?

[10:07] {larisa} you :)

[10:07] {vinod} money

[10:07] {nemo} vodka

[10:07] {larisa} lol

[10:07] {Threei}  rofl

[10:08] {dino} naked women

[10:08] {Threei}  I sholuld know better than ask such questions...

[10:08] {nemo} naked women are like fiat money...they come with liabilities

[10:09] {dino} when fate decides to destroy a man, she sends a woman

[10:09] {nemo} As I always say, if it weren't for them, we'd still be in the Garden of Eden

[10:09] {dino} no fun tho

[10:10] {nemo} Can't evaluate the result of a path not taken

[10:10] {vinod} why waiting Nemo

[10:10] {nemo} waiting for what?

[10:10] {Threei}  ARUN 1:2

[10:11] {vinod} path not taken take it and find out

[10:11] {tomg} have 100 left vad, good place to sell?

[10:11] {nemo} can't step in the same river twice Vinod

[10:11] {nemo} After we bit the apple, can't go back

[10:11] {dino} thats why i'm here vin

[10:12] {Threei}  I would put a stop under b/e at this point for the last piece tom

[10:12] {Threei}  and lwet it trade

[10:12] {tomg} ok, will do, ty

[10:13] {nemo} Vinod, nice call on the market...so far

[10:14] {vinod} I learn from vad--play price and play oposite to heards

[10:15] {dino} you da man vin, gj

[10:15] {dino} someday you will be "untrusting" like me

[10:16] {vinod} dino-i trust you more than Boss!!!!!

[10:16] {dino} untrusting of market/stock moves

[10:18] {dino} cah sm l .70 holding well imo nemo

[10:18] {vinod} see you after 13.30

[10:18] {Threei}  take care vinod

[10:19] {dino} cya vin

[10:19] {dino} esi sm l .01 risky

[10:22] {Threei}  RIMM, watch for quick pullback to .50 - .60 zone for entry

[10:24] {Threei}  no chance eh

[10:26] {pita} zippo

[10:27] {pita} if we hurry, can get 83.50  :)

[10:27] {Threei}  lol

[10:27] {Threei}  AAPL looks rather weak here

[10:27] {Threei}  starts feedling like short candidate to me

[10:28] {Threei}  feeling

[10:28] {Threei}  how about that

[10:29] {Threei}  RIMM sharp down

[10:30] {Threei}  still interested in ewntry in that zone

[10:30] {dino} esi out .39, +.39

[10:31] {dino} ceph stop to .20

[10:32] {dino} to .25

[10:32] {dino} stingy friday

[10:33] {Threei}  US Labor secretary: rumor of job data error is false

[10:33] {nemo} pay no attention to the man behind the curtain

[10:34] {nemo} nothing to see here...just move along

[10:34] {dino} gmcr slayer of shorts

[10:34] {dino} middle name must be buffy

[10:34] {nemo} had a huge short interest

[10:35] {dino} ceph stopped .25, +.35

[10:35] {dino} sm l pnra .25

[10:35] {magoo} l aa[l

[10:35] {magoo} here

[10:36] {magoo} .24

[10:38] {Threei}  GMGMQ Penske Outlines Proposed Deal for Purchase of Saturn

[10:38] {Threei}  - Seeking to acquire up to 350 dealerships

[10:38] {Threei}  - GM would continue production, on a contract basis

[10:39] {dino} pmti

[10:41] {dino} iclkr spike

[10:41] {dino} iclr

[10:43] {magoo} aapl no work

[10:43] {dino} cah hard time at 30.00 again

[10:44] {nemo} strong resistance

[10:44] {dino} stop to .90

[10:45] {jfjf64} vad wfc  break

[10:45] {dino} pnra as my daughter would say, trouble w/capital t at 52.50

[10:46] {Threei}  I donno jf, I am getting yelled at for calling WFC

[10:47] {larisa} lol

[10:47] {nemo} yeah, Vad starts thinking about WFC and it drops

[10:49] {dino} .lol

[10:52] {dino} cah to .99

[10:52] {dino} out +.29

[10:53] {nemo} whoa HEB did the Acapulco

[10:55] {Threei}  US VP Biden: Administration will announce plans on Monday to help increase the economic recovery for the summer

[10:55] {dino} pmti continues up

[10:56] {dino} ceph drops again

[10:56] {nemo} was there news on pmti?

[10:57] {dino} yes wrinkle eraser to otc status

[10:57] {nemo} go figure

[10:57] {Threei}  I don't see HEB news

[10:57] {Threei}  want to short it badly

[11:01] {dino} false hope on old data yahoo heb

[11:05] {dino} esi .00 v sm l

[11:06] {pita} nice call dino

[11:07] {dino} ty lucky

[11:09] {ese} L fitb .35 pullback

[11:09] {dino} pnra stop to .70

[11:19] {dino} pnra to .78

[11:21] {dino} out esi .60, +.60

[11:21] {larisa} gj

[11:22] {dino} pnra to .89

[11:22] {dino} ty larisa

[11:23] {dino} out pnra .90, +.65

[11:25] {dino} nemo you catch any of those 5

[11:26] {larisa} I did CEPH, but off the bottom and sold under 57. ty dino

[11:27] {dino} gj

[11:27] {dino} brb

[11:30] {ese} I think i'm in wrong.....thought that if fitb broke the high it might keep going.....hmmmmmm

[11:30] {ese} haven't hit the stop so we'll see

[11:32] {ese} just looked at your trade laris ....good job

[11:33] {larisa} sold early, but i always do that, no patience :)

[11:34] {dino} going to take a break and get a haircut, back in 30

[11:34] {ese} i sell early too on some runups....vad does portions 1/2 1/2, 1/3 1/3 1/3,   that may be an option

[11:36] {larisa} not for me, do not like partial in or out, just personal pref. 

[11:36] {Threei}  well, it's not like I always do that

[11:36] {Threei}  it's just that we are in market rally mode

[11:36] {Threei}  so I am trying to milk the moves more

[11:37] {larisa} I understand and it makes sense 

[11:39] {ese} ya.....i'm an all in all out type as well

[11:40] {ese} mostly because most of the trading i do now is scalping......05 .12 .08 etc etc...makes no sense to hang around for me

[11:41] {larisa} I only can read the stock for next several min and 10-15 cents possible. So i do that :) Can not  play big shares too, it makes me sick. So I am cheap scalper :)

[11:41] {ese} and of course....to not prove a point.....i'm not really scalping fitb right now

[11:41] {larisa} 1K is all i do, 500 on RIMM or AMZN

[11:41] {larisa} lol ese

[11:43] {larisa} I actually liked your entry on FITB, just time worked against the trade 

[11:58] {Threei}  IMMU Reports Updated Phase II Results of Low-Dose Veltuzumab for Immune Thrombocytopenic Purpura

[11:58] {Threei}  - 68% overall response rate in patients with immune thrombocytopenic purpura (ITP) treated with low ... (32.68, -3.87, -10.59%) more...

[11:58] {Threei}  a FEW MIN AGO

[12:00] {dino} .

[12:01] {larisa} nice haircut :)

[12:01] {Threei}  lol

[12:06] {dino} glad it pleases you ;)

[12:07] {larisa} I hope your hairdresser is as cute as mine. 

[12:08] {dino} barber shop, but she is cute

[12:37] {dino} hans

[12:37] {dino} i don't see any news on it

[12:39] {Threei}  neither do I

[12:40] {Threei}  (US) NBER: "Way too early" to call the end of recession in the US, although there are signs of stabilization

[12:40] {Threei}  - Notes it will wait "a long time" before declaring the recession over, unclear whether the economy is pausing in a longer term decline

[12:47] {Threei}  bios are taking a breather

[12:47] {ese} fitb missed my stop by a cent

[12:47] {Threei}  feels like we are to have more upward today

[12:47] {Threei}  so trying to see which sector is going to lead

[12:47] {jfjf64} lets wake um up

[12:48] {Threei}  let's

06[12:48] * Threei slaps laserdave around a bit with a large alarm clock

[12:48] {Threei}  ADBE consolidates near the high

[12:49] {dino} hans sm l .75

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

[12:52] {laserdave} ye haw i ams getting somes attentions

[12:53] {Threei}  only as much as we need strawdog

[12:53] {dino} ye haw, that deserves a slap

[12:54] {Threei}  well?

[12:55] {Threei}  dino? what are we waiting for?? :)

[12:56] {dino} pmti little spike again

[12:57] {dino} sllllllllllllllllaaaaaaaaaaaaaappppppppppppiiiiiiiiiiiiiiinnnnnnnnng dave around

[13:00] {dino} pmti hod

[13:02] {Threei}  ADBE looks nicer and nicer

[13:02] {Threei}  let's be ready for market ramp-up if it comes, by defining setup on ADBE

[13:02] {Threei}  .33 is obvious long trigger

[13:02] {Threei}  observing where the support forms

[13:03] {Threei}  so far .22, ut let's consider it .20

[13:03] {dino} wow pmti

[13:04] {Threei}  wow indeed

[13:04] {dino} give me a top on it 3i

[13:05] {dino} 17.80s or 18.50

[13:05] {ese} see ya all.....have a great weekend....am off to a sound check for a show tonight..take care

[13:05] {dino} cya es

[13:05] {KSystems} take care ese, have fun

[13:05] {ese} see ya boyzzzza

[13:05] {Threei}  take care ese

[13:07] {larisa} PMTI all because of anti-wrinkle device ? :) people are so crazy

[13:07] {Threei}  why, because we men can't stand having wrinkles we are crazy??

[13:08] {larisa} of course, go read the book instead :)

[13:08] {Threei}  but that adds those eye-corner ones!!

[13:09] {dino} i think it needs to be shorted

[13:09] {pita} my wrinkles are beyond repair... and on that note, cu all Monday

[13:10] {dino} cya pita

[13:10] {Threei}  take care pita

[13:14] {dino} final leg

[13:19] {Threei}  tom, if you are here... and anyone who might still have ARUN

[13:19] {Threei}  at this point I would ytrail stop to under 7.20,

[13:19] {Threei}  and aimed to exit on a spike above 7.50

[13:35] {jfjf64} we in anythin vad    just  got  back

[13:35] {tomg} ty vad

[13:35] {Threei}  no jf

[13:35] {Threei}  tom :)

[13:36] {dino} hans stop is .47 fwiw

[13:37] {jfjf64} adbe??

[13:38] {Threei}  nah

[13:38] {jfjf64} ty

[13:38] {Threei}  invalidated, not reestablished

[13:56] {Threei}  this market's abil,ity to fall in coma for hours lately exceeds even mine

[13:57] {dino} i have to agree, mid afternoon has been slow

[13:58] {jfjf64} ya in wrong buiz   ya sd be  stand  up  comedian     lol

[13:58] {Threei}  I tried to pursue that

[13:58] {Threei}  guess what

[13:58] {Threei}  the only one who laughed was Seifled... and not with me, rather at me

[13:59] {dino} as long as there is laughter

[13:59] {jfjf64} correct

[13:59] {larisa} we suppose to know who Seifled is ?

[13:59] {Threei}  sigh

[14:00] {dino} ahhh, on that one, yes larisa

[14:00] {Threei}  SeiNfield... better?

[14:00] {larisa} sigh

[14:00] {Threei}  don't sigh at me... learn Threeish

[14:01] {larisa} no way

[14:01] {larisa} keep learning too many things, getting older, tired :)

[14:02] {Threei}  you mean you are over 23 now?

[14:03] {larisa} almost

[14:04] {dino} hans stop to .79out +.04 mkt drop don't like

[14:05] {Threei}  if market continues down... WFC .80 break short

[14:05] {Threei}  those who hate it - your chance to express it by shorting

[14:16] {fernp} have a good weekend all. see you on monday

[14:16] {Threei}  take care fern

[14:16] {dino} cya fernp

[14:38] {Threei}  ba bck in 15

[14:46] {dino} ogxi again

[14:46] {dino} ceph sm l .00

[14:51] {Threei}  why don't we just buy OGXI and forget abut it for a week

[14:52] {Threei}  it will go up forever anyway

[14:55] {dptl} have a good evening all

[14:55] {dino} i think you should buy about 25k shares of it for experiment

[14:56] {Threei}  take care dp

[14:56] {dino} cyadp

[14:57] {dino} hans drop

[15:00] {Threei}  APRIL CONSUMER CREDIT: -$15.7B V -$6.0BE

[15:04] {larisa} it must be 16, not 6, I almost shorted everything :)

[15:05] {Threei}  says 6.0...

[15:05] {dino} dk vad

[15:06] {dino} fpic

[15:06] {dino} thin

[15:14] {Threei}  ARUN looks like it will deliver today

[15:14] {Threei}  stop can be trailed to .25 now

[15:15] {Threei}  look at HEB candle on daily today

[15:15] {Threei}  not often you see that

[15:15] {dino} ceph stop to .09

[15:16] {dino} out +.09

[15:16] {dino} mkt drop

[15:17] {dino} tivo rtolling over

[15:18] {dino} nah

[15:27] {dino} hans lod

[15:33] {dino} pru l .00

[15:35] {dino} out pru .12, +.12

[15:35] {wulff} good call dino

[15:35] {dino} too soon

[15:38] {dino} ty

[15:40] {dino} most likey it for me guys. good week good times

[15:41] {Threei}  wait

[15:41] {dino} 7 of 8 w/one and the 1 was flat

[15:41] {Threei}  I have anothewr funny looking chart for you

[15:41] {Threei}  SPNG daily

[15:41] {Threei}  look at today's candle

[15:41] {dino} we blew it on pmti

[15:42] {dino} lol

[15:44] {Threei}  tom... I have no opinion on holding ARUN over the weekend

[15:45] {Threei}  don't see anything to get scared... don't see anything to get excited

[15:45] {Threei}  it may continue or may not

[15:45] {dino} a running away

[15:45] {Threei}  personbally I would elimitae it at the eod today

[15:46] {Threei}  wherever it is

[15:47] {dino} be prepared for the 5-6% drop next week, typically week before expiration we pull back around that amount

[15:47] {dino} it has been what i tell magoo, the death week

[15:47] {Threei}  would be nice actually

[15:47] {Threei}  this slow creep up leaves too few opportunities

[15:50] {dino} ok, gotta hop, have a good weekend all

[15:50] {Threei}  okay guys

[15:50] {Threei}  thank you all

[15:50] {Threei}  have a great relaxing weekend

[15:50] {larisa} later :)

[15:50] {magoo} ty 

[15:50] {Threei}  see you all on Monday

[15:50] {Threei}  for the death week

[15:50] {Threei}  let's hope dino's right

[15:50] {Threei}  we do need sizeable pullback

[15:50] {Threei}  to generate new excitment

[15:50] {Threei}  take care

[15:51] {larisa} got .20 cents on HANS thanks to dino :)

[15:51] {Threei}  wtg