Mon Jun 15 2009

Quiet low volume summer Monday, with a few nice plays though. Small biotechs continue showing stunning rallies here and there.

Session Time: Mon Jun 15 00:00:00 2009

[08:32] {jfjf64} mornin all

[08:33] {jfjf64} early bird gets the worm!!!!!!

[08:34] {Threei} nah... second bird gets the worm, first one gets eaten by the early cat

[08:35] {jfjf64} funny

[08:40] {Threei} IMMU Reports Updated Phase II Results With Radiolabeled Epratuzumab in Non-Hodgkin''s Lymphoma

[08:40] {Threei} Announced that epratuzumab labeled with the potent radioisotope, yttrium-90 (Y-90), when given in small fractionated doses to patients with non-Hodgkin''s lymphoma (NHL), achieved high rates of durable responses at total Y-90 doses exceeding the 32-mCi limit approved for a single dose of ibritumomab tiuxetan.

[08:48] {Threei} Reminder: US govt speakers scheduled for this morning

[08:48] {Threei} - Treasury Secretary Geithner is scheduled to participate in an event discussing the economy at 9amET.

[08:48] {Threei} - at 9:30amET, Chicago Fed President Evans will speak on the financial crisis at a breakfast meeting.

[08:56] {ese} morning vad

[08:56] {ese} opps...morning jf missed ya there

[08:58] {Threei} ese :)

[08:59] {ese} pretty nice weekend in paradise vad

[09:00] {KSystems} morning :)

[09:00] {Threei} IMF: Financial conditions have improved

[09:00] {Threei} totally

[09:00] {Threei} KS :)

[09:01] {ese} ksys

[09:01] {Threei} IMF raises 2009 US economic forecast to -2.5% (from -2.8% prior)

[09:06] {cosmo} bdsi

[09:07] {dptl} good morning all

[09:07] {vinod} good morning

[09:07] {Threei} BIODELIVERY SCI INTL Provides NDA update for ONSOLIS: FDA sees no need for review extension letter; should be within a few weeks of NDA approval

[09:07] {Threei} - Announced that the co has reached agreement with the U.S. FDA Division of Anesthesia, Analgesia and Rheumatology Products and a multidisciplinary review team on all aspects of the companys New Drug Application (NDA) for ONSOLIS (fentanyl buccal soluble film), including the Risk Evaluation and Mitigation Strategy (REMS). Although the FDA did not meet its action date of last Friday for this NDA, the Division has informed the company that FDA will not be issuing a review extension letter as their action on the NDA is forthcoming.

[09:07] {Threei} csomo, dp, vinod :)

[09:07] {cosmo} :)

[09:08] {Threei} (US) Treasury's Geithner: regulatory overhaul to cover gaps in systemic risk protection

[09:11] {Threei} Economy continues to face massive challenges, is in the early stages of repair

[09:17] {fernp} good morning everybody

[09:17] {ese} fern

[09:18] {Threei} fern :)

[09:19] {tomg} good morning all

[09:19] {Threei} tom :)

[09:20] {cosmo} cramer likes TQNT fyi

[09:21] {Threei} TQNT Price Target raised to $7 from $5 at Barclays, maintains overweight rating

[09:22] {ese} was reading a brokers blog a few years back and their standard play was to short cramer when he like something.......i'll bet they still do it

[09:26] {patience} good morning guys :)

[09:27] {Threei} patience :)

[09:27] {ese} patience

[09:29] {dino} gm all

[09:29] {Threei} dino :)

[09:29] {magoo} kugfjyyfjyuf

[09:29] {ese} how bout that heres the blog http://shortcramerpicks.blogspot.com/

[09:29] {Threei} 06/15/2009 08:05 AM [JAZZ] Data Suggest Sodium Oxybate Significantly Improves Pain and the Core Symptoms of Fibromyalgia

[09:29] {Threei} mags :)

[09:30] {ese} mags

[09:30] {Threei} Fed's Evans: TALF is working as expected

[09:31] {Threei} watching JAZZ

[09:33] {Threei} let's try to get it on pullback

[09:34] {Threei} BDSI hard selloff

[09:35] {Threei} 3.40 - 3.50 area JAZZ

[09:38] {cosmo} svnt

[09:38] {cosmo} 9.62 hod

[09:38] {Threei} one more sharp leg down JAZZ, and will be interested

[09:39] {Threei} Long Setup: SPPI 6.10 break

[09:41] {Threei} SQNM

[09:41] {Threei} no news that I see

[09:41] {nemo} STOP ON SPPI?

[09:42] {Threei} under 6 if triggers from here

[09:45] {_levelseven} in sqnm 4.99

[09:47] {magoo} BAC bounce coming

[09:47] {magoo} not in yret

[09:48] {dino} 8633 been holding, 926, and 1475

[09:48] {magoo} clubbed mkt

[09:48] {Threei} quite a selloff there

[09:48] {magoo} end of world vad???

[09:48] {dino} going to blow thru those levels, feels like

[09:48] {Threei} sure, we haven't had one this week yet

[09:48] {nemo} 2012

[09:48] {Threei} so let's have early and move on

[09:48] {Threei} SPPI invalidated

[09:48] {dino} gaps 5/29; 8500, 1435, 919

[09:49] {Threei} WFC is relatively stronger

[09:49] {vinod} QID?

[09:49] {magoo} agree

[09:49] {dino} ibm strong

[09:49] {nemo} SDS

[09:50] {Threei} JAZZ bounced from .45

[09:51] {Threei} was tough entry there

[09:51] {vinod} missed JAZZ

[09:51] {magoo} yea

[09:51] {magoo} SPY may be ready vad to bounce

[09:52] {nemo} maybe look for double bottoms given the indices today

[09:53] {Threei} JAZZ just goes

[09:53] {Threei} that initial read was the most accurate

[09:53] {Threei} [09:35] {Threei} 3.40 - 3.50 area JAZZ

[09:53] {jfjf64} yup

[09:54] {Threei} ACOR Hearing renewed takeover chatter circulating (26.21, 0.68, 2.66%)

[09:55] {dino} sm l ctrp .45

[09:55] {Threei} (US) Fed's Evans: There is a risk US unemployment could get close to 10% - Q (related EUR/USD )

[09:56] {magoo} RIMM intersting vad..double bottom

[09:56] {_levelseven} is like these Fed guys decide wether to buy calls ot puts, then make a statement about economy

[09:56] {magoo} an inverted snow camel formation

[09:56] {dino} cnqr sm l .75

[09:56] {_levelseven} sppi

[09:57] {_levelseven} sqnm nhod

[09:58] {_levelseven} out 1/2 sqnm 5.14 +.15

[09:58] {Threei} JAZZ Earlier this morning, CNBC's Mike Huckman comments on his blog that JAZZ Pharma press release this morning was on data that was presented last week

[09:59] {dino} qcom sm l .85

[09:59] {jfjf64} early bird gets worm??? lol

[09:59] {jfjf64} 3.40 3.50

[10:00] {Threei} SPPI really trying

[10:00] {_levelseven} sppi pace picking up

[10:03] {vinod} VAD- all your initial setup on JAZZ SPPI were good i didn't got any

[10:03] {Threei} both were very tough

[10:04] {Threei} QEP Co. Inc Reports Q1 $0.64 v 0.35 y/y, R$50.7M v 54.9M y/y

[10:04] {Threei} - gross margins 30.6% v 30.6% year ago

[10:04] {Threei} - significant economic uncertainties remain in each of the markets in which it operates. Accordingly, it remains extremely difficult for the Company to project how the global economic environment will perform and the extent to which, or whether, the recently experienced improvements in the Company''s results of operations will continue.

[10:04] {Threei} QEPC

[10:05] {_levelseven} would just like to scalp the spread

[10:05] {Threei} (US) White House Econ Advisor Goolsby: Reiterates proposal that all derivative dealers by subject to regulation -CNBC Interview

[10:06] {Threei} ALTU Hearing takeover chatter circulating (0.59, 0.04, 7.09%)

[10:07] {jfjf64} jazz double top challengen highs

[10:10] {Threei} US Supreme Court to review case involving gas station lease dispute

[10:10] {Threei} must be important lease

[10:12] {jfjf64} jazz ouch

[10:12] {_levelseven} sqnm hod

[10:13] {Threei} JAZZ will never stop

[10:13] {Threei} it will go and go, foirever

[10:14] {jfjf64} my week wd of been done

[10:14] {dino} ctrp styopped -.45

[10:16] {jfjf64} tza vad tripple tp

[10:16] {_levelseven} sqnm pushing again

[10:16] {Threei} if you are up to gambling play

[10:17] {Threei} JAZZ, .50 break

[10:17] {Threei} if holding above .35

[10:17] {Threei} scary one

[10:17] {_levelseven} out remaining sqnm 5.21 +.22

[10:19] {dino} gj

[10:20] {Threei} UAUA CFO: Current environment may be right to make further plane orders

[10:20] {Threei} half out JAZZ

[10:21] {vinod} I am In JAZZ what is stop in 0.50

[10:21] {Threei} under .35 originally

[10:21] {Threei} hit 1:1, so half out and stop to .45

[10:22] {vinod} thanks

[10:22] {vinod} out .63

[10:22] {Threei} offer 1/4 more .75

[10:22] {Threei} and last 1/4 .90

[10:23] {_levelseven} sppi trying again

[10:23] {Threei} yeah, looks like anohter runner if takes .25

[10:23] {vinod} see you after 13.30

[10:23] {Threei} take care vinod

[10:24] {_levelseven} sqnm is providing good scalps if u can stay on top of it

[10:25] {dino} rmbs rocking

[10:26] {_levelseven} 3i, sppi took the .25

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

[10:27] {_levelseven} didnt look like it had the legs (vol) earlier but you nailed it

[10:30] {Threei} HIG S&P revises outlook to stable from negative

[10:31] {Threei} hmmm

[10:32] {Threei} Long Setup: HIG .37 if holding above .30

[10:32] {Threei} interesting feeling today

[10:32] {Threei} market drops and drops, but there is a distinctive bullish feeling in the air, lol

[10:33] {Threei} maybe because I am focused on a few stocks that show strength

[10:33] {nemo} bullish or BS

[10:33] {Threei} and they do that against the market

[10:33] {magoo} plus your natural inclination to be positive and optimistic vad:)

[10:33] {Threei} rofl

[10:34] {nemo} altruistic lover of humanity

[10:34] {Threei} look how HIG is holding

[10:35] {Threei} impression is, these stocks just wait for the market to stabilize

[10:35] {_levelseven} sqnm nose dive

[10:35] {Threei} OPEC Sec Gen: Does not want oil prices to rise too rapid;y; seeks stable prices

[10:36] {nemo} unfortunately, he can't manage the $

[10:36] {Threei} VPHM Hearing vague chatter company as resolved issues with FDA over Cinryze (6.02, 0.06, 1.01%)

[10:39] {dino} calm

[10:39] {nemo} pork producer

[10:40] {jfjf64} hig strong

[10:41] {_levelseven} mkt not helping us

[10:42] {jfjf64} or is it hmmm

[10:42] {Threei} SVA Completes Construction of H1N1 Virus Seed Bank

[10:42] {Threei} - completed construction of the H1N1 virus seed bank necessary to produce a virus antigen

[10:43] {Threei} (US) Senator Stabenow: 1 yr stimulus too short, would like to see 10 yr stimulus window

[10:43] {Threei} why stop there

[10:43] {Threei} let's go for 100 years stimulus

[10:43] {Threei} and stimulate all this stuff out of existence

[10:43] {nemo} w ffffn stimulus? all they did was replace spending cuts

[10:47] {Threei} RMBS non-stop

[10:47] {Threei} SVNT Hearing upgraded from Hold rating at a boutique firm [wall st access] (timing uncertain) (9.31, 0.05, 0.54%)

[10:47] {nemo} HIG breaking through

[10:48] {dino} sm l pnra .09

[10:52] {dino} wynn sm l .30 stop .99

[10:54] {Threei} half out who went for HIG

[10:54] {jfjf64} ty

[10:55] {nemo} didn't it invalidate?

[10:55] {nemo} or stop

[10:57] {Threei} I provide coments for those who went for it and stayed with it

[10:57] {nemo} Ahhh

[10:57] {Threei} it barely touched on .37 before invalidating,

[10:57] {Threei} then returned to high

[10:58] {Threei} became kind of discretionary one

[10:58] {nemo} yes

[10:58] {Threei} and when there is a discretion, there usually is someone who takes the trade

[10:59] {Threei} not even speaking of aggressive ones who wait for pullback

[10:59] {nemo} Magoo

[10:59] {Threei} so who am I to discmintate and leave those without support

[10:59] {nemo} Mags, you take it?

[11:01] {magoo} actually, no

[11:01] {nemo} Monday

[11:01] {magoo} watching RIMM , not in ..flat here

[11:02] {dino} wynn stopped -.32

[11:02] {magoo} nasty mkt

[11:03] {nemo} unless you're playing shorts

[11:03] {nemo} I stand on my head when looking at the screen, it's like going long

[11:03] {magoo} true dat lol

[11:04] {magoo} i always want to..but tend to not

[11:05] {Threei} Long Setup: FITB .70 if stays bove .65

[11:07] {Threei} US) Economist Robert Schiller: Housing downturn is not over yet

[11:07] {Threei} US Economist Roubini: US unemployment will reach 11% 'for sure'; stress tests not stressful enough

[11:07] {Threei} ok... too many talking heads at once

[11:08] {Threei} and each trying to out-pessimize others

[11:08] {Threei} looking for market turn

[11:09] {Threei} FITB, I'd modify it

[11:09] {nemo} indexes look lik bottoming

[11:09] {Threei} .65 break long if stays above .60

[11:09] {Threei} either that, or conslidate for another leg down nemo... hard to tell

[11:10] {nemo} understand :)

[11:11] {magoo} RIMM has held

[11:13] {magoo} any read rimm vad?

[11:13] {Threei} .20 break worth a try

[11:16] {Threei} 1:1

[11:24] {Threei} FITB invalidated second time

[11:24] {Threei} not is day

[11:24] {Threei} its

[11:27] {Threei} CNBC's Liesman: Part of new regulatory overhaul will require security originators to hold 5% of securitized assets sales

[11:28] {Threei} new overhal will eliminate 'gain on sale' accounting

[11:28] {Threei} hmmm?

[11:28] {Threei} why would they want to eliminate that?

[11:28] {nemo} they'll still hold part of the asset, how will they know how much they made?

[11:29] {Threei} what is it, another m2m disaster in the making?

[11:29] {nemo} If there margin on the sale was 5%, the amount they're required to hold, and the asset goes to 0 they make nothing

[11:29] {nemo} absolutely

[11:29] {Threei} FDA reportedly notes there may be an association between ADHD drugs and deaths - unconfirmed reports (related LLY NVS TEVA PFE )

[11:31] {nemo} Abby Joseph Cohen sees a surge in corporate profits...has that woman ever been right about anything?

[11:36] {ese} no....ese is watching.........just very tired from a performance last weekend.....don't feeli like i'm all here and so should not be making trades

[11:36] {Threei} oh great

[11:37] {Threei} that's why FITB is so wek today

[11:37] {Threei} ese is not supporting it

[11:37] {magoo} just once she was..in like 1998

[11:37] {nemo} so it's ese's fault

[11:37] {Threei} yes

[11:37] {nemo} musicians

[11:37] {Threei} they are the worst

[11:38] {Threei} next chance I get, I'll pour 2 bottles of vodka in him and make him promise he buys 1 mil of shares of FITB daily

[11:52] {Threei} Short Setup: RMBS .20

[11:52] {Threei} if stays below .30

[11:53] {Threei} just a scalp, feel free to cover

[11:54] {Threei} hit 1:1 in one sharp bar

[11:57] {nemo} rmbs maybe setting up agin

[12:04] {Threei} FITB finally reversed

[12:05] {Threei} oh well

[12:05] {jfjf64} no ese no fitb

[12:06] {Threei} yeah

[12:06] {Threei} ok, looking at WFC,

[12:06] {Threei} it's eaither .80 break short

[12:06] {Threei} or .90 break long

[12:06] {Threei} whichever comes first

[12:07] {jfjf64} ya drinkin

[12:08] {jfjf64} lol

[12:08] {Threei} what makes you think so? (gulp)

[12:09] {jfjf64} ese laid up know ya drinkin what up

[12:10] {jfjf64} need dino to drive boat

[12:12] {dino} :)

[12:16] {Threei} Prez on TV

[12:16] {dino} when isn't he

[12:17] {Threei} lol

[12:18] {ese} hey jf......no my high school

[12:18] {Threei} President Obama: Does not support any caps on damages from healthcare lawsuits, calls fear of lawsuits a "real issue" for doctors - speaking before the AMA

[12:19] {ese} thythm and blues band had a show

[12:19] {ese} in Vancouver on the weekend and it was a late

[12:19] {ese} show saturday night that i haven't fully recovered from yet

[12:19] {ese} drinkin would have been earsy to recover from

[12:22] {dino} you're getting old es, lol

[12:23] {ese} definately

[12:24] {ese} but with my new cobras'.....can still put a 3 iron 210.......and tee it up to 270

[12:25] {ese} hangin in there

[12:25] {dino} 3 iron 270 from tee, nice

[12:25] {nemo} rmbs recovered

[12:26] {chinggis} Vad JAZZ pullback playable?

[12:27] {Threei} can't tell here... I would do this about JAZZ:

[12:27] {Threei} lave it alone for now,

[12:27] {Threei} return to watch it closer to end of day

[12:27] {Threei} or if it returns to the high

[12:27] {Threei} I have feeling it may not be done yet,

[12:27] {Threei} but at this point it's in digesting state of mind

[12:28] {Threei} chewing up both, longs and shorts

[12:28] {Threei} and waiting to see who has more resolve

[12:28] {Threei} don't want to get chewed up here :)

[12:28] {chinggis} ok TY

[12:30] {ese} driver from the tee 270

[12:32] {jfjf64} goin to us open sat ese bethpage

[12:33] {Threei} WFC hit 1:1 quickly

[12:33] {Threei} anyone?

[12:33] {jfjf64} yup

[12:33] {Threei} :)

[12:33] {jfjf64} ty

[12:33] {jfjf64} gulp

[12:33] {Threei} lol

[12:35] {jfjf64} im countin 5/5 today keep drinkin

[12:38] {Threei} wow

[12:38] {Threei} wtg

[12:39] {dino} gj

[12:41] {jfjf64} hpq .02 trigger here

[12:41] {ese} hey jf........will be watchin it on the telee....you going

[12:42] {jfjf64} yup 20 min from where i live

[12:42] {ese} NICE!!!!!!!!

[12:42] {ese} i wish

[12:45] {ese} would love to see a major some time.......closest i've been is the 94 British open that Nick Price won.....I played the course "Turnberry" the next weekend. All but 2 of the pins were the pins they had for the open

[12:46] {ese} shot 84.......very exhillarating

[12:47] {jfjf64} 84 nice

[12:47] {ese} ok....are you ready for this......this will be hard to believe????

[12:47] {ese} i was on????????

[12:48] {ese} my hooneymoon!!!!!!!

[12:48] {jfjf64} wow

[12:48] {jfjf64} ya better stay with her

[12:49] {jfjf64} lol

[12:49] {ese} indeed...beautifull clubhouse......my wife sat in luxury reading and being catered to for 5 hours

[12:50] {jfjf64} im a ticket broker also so i get to go to all that stuff

[12:50] {ese} again..........NICE!!!!!!!!!

[12:52] {ese} yup.....i can remember the Turnberry club house like it was yesterday.......Locker rooms were all decked out in green marble.......made my house look like something out of "Slumdog Millionaire"

[12:53] {jfjf64} different world maybe one day

[12:54] {ese} for sure.....hope to get back there though.......maybe you dino and I........Scotish golf tour ehhhh?

[12:54] {jfjf64} gettin alot of rain here hopefully by weekend clears out

[12:55] {jfjf64} sure take vad with us

[12:55] {Threei} me no golfer

[12:55] {ese} indeed...... he can do the crab fishing for dinner!

[12:55] {jfjf64} luv crabs

[12:58] {ese} Ok....i'm starting to come to life mentally here.......just in time to go administer one of my math exams.....

[13:14] {Threei} Moodys cuts Ohio GO rating to Aa2 from Aa1

[13:14] {Threei} can we short Ohio?

[13:26] {Threei} WSJ: Fed economist claims US close to full capacity, has doubts on economy's slack

[13:26] {nemo} huh?

[13:26] {Threei} don' get it either

[13:29] {Threei} S&P raises Ecuador rating to CCC+ from SD

[13:29] {Threei} ok, so the game is clear now

[13:29] {Threei} short Ohio, long Ecuador

[13:30] {magoo} symbols??

[13:30] {Threei} OH and EC

[13:30] {Threei} oops, there is EC

[13:30] {Threei} lol

[13:31] {Threei} EECK then

[13:31] {vinod} my guess down over 300 point

[13:32] {dino} pnra stopped .19, +.10

[13:32] {dino} 919 gap filled

[13:32] {Threei} Fed's Fisher: Deflation is just as bad as inflation - tv interview

[13:33] {Threei} heh

[13:33] {Threei} wisdom from high above

[13:33] {Threei} 'too much slack' exists in US economy

[13:33] {Threei} hmmm

[13:34] {Threei} WSJ: Fed economist has doubts on economy's slack

[13:34] {Threei} what the heck are these guys talking about?

[13:35] {Threei} - Comments that does not expect the Fed to tighten rates in the near future

[13:37] {ese} outta here all see ya tomorrow........make sure you study.....because i'm giving you my gr10 math exam

[13:37] {jfjf64} later ese

[13:38] {Threei} take care ese

[13:38] {ese} later

[13:38] {ese} see ya vad

[13:42] {_levelseven} sppi still hangin around

[13:43] {Threei} yeah, same idea as JAZZ

[13:43] {Threei} subject of interest later on

[13:43] {Threei} lwt it digest for now

[13:44] {_levelseven} if the mkt would rally a bit...

[13:45] {Threei} that seems to be a tall order today, lol

[13:45] {Threei} although.. look how there is no volume on this red day

[13:45] {nemo} tndm on 5 minute chart

[13:48] {magoo} setting up for dino's infamous call "turnaround tuesday"

[13:49] {Threei} with this volume on retreat, I wouldn't be suprised

[13:49] {Threei} and I would expect a snaback to be quite violent

[13:50] {Threei} what is better way to kill shorts than to encourage them by such red bar,

[13:50] {Threei} then open with gap up and never look back

[13:51] {nemo} Wonder what time the PPT shows up today

[13:52] {vinod} they going to show up on short side today

[13:52] {Threei} if they want the trap to be perfect, they won't

[13:52] {Threei} they'll let bears have their day

[13:52] {Threei} lure them in overnight holds,

[13:53] {Threei} trap them by gap up

[13:53] {Threei} and push as hard as possible to force them cover and add fuel

[13:53] {magoo} i feel bad for the cute lil bears

[13:53] {Threei} if I were PPT head, that's how I would murdered them

[13:54] {vinod} I thought short are already dead.

[13:54] {wulff} "They," I assume are people with more money then I?

[13:56] {dino} turnaround tuesday?

[13:57] {Threei} STSI Reportedly jury is set to hear closing arguments in case against Reynolds today (4.46, -0.02, -0.45%) (related RAI )

[13:57] {Threei} THEY wulff... you know...

[13:57] {Threei} powers that be

[13:58] {wulff} the borg

[13:58] {Threei} the who?

[13:58] {nemo} star trek

[14:00] {Threei} look at this sneaky move by SPPI

[14:01] {magoo} [13:49] {magoo} setting up for dino's infamous call "turnaround tuesday"

[14:05] {Threei} SPPI seems to becoming a runner candidate

[14:06] {Threei} I'd like to see one more little retreat before breaking the high

[14:06] {Threei} and I wouldn't be surprized to see 7 today

[14:06] {jfjf64} i lk when ya see the future

[14:07] {Threei} unless it's hallucination

[14:10] {Threei} high is abouit the get tested

[14:16] {Threei} OK, here is our retreat

[14:16] {Threei} want it to be not too deep

[14:16] {Threei} then return to above .30 and break

[14:17] {Threei} ideally, we never lose .10- .15

[14:17] {jfjf64} ya lost me what is trigger pls

[14:18] {Threei} .33 - .35

[14:18] {jfjf64} k

[14:19] {dptl} have a good evening all

[14:19] {Threei} take care dp

[14:19] {jfjf64} what was that

[14:19] {Threei} out of bounds print

[14:20] {Threei} real low is .10

[14:24] {dino} qcom l .00, last try

[14:27] {jfjf64} de l.02

[14:31] {jfjf64} no good

[14:34] {_levelseven} hw hi did sppi get in that move a little while ago?

[14:35] {Threei} .32

[14:35] {Threei} with a few prints out of bounds

[14:36] {vinod} market is down on small to no volume today

[14:36] {Threei} yup

[14:37] {_levelseven} sqnm fell outta bed

[14:37] {vinod} better luck tomorrow have a good evening see you tomorrow

[14:38] {Threei} take care vinod

[14:43] {Threei} with this pullback, want to look for entry better than day high

[14:44] {Threei} could take a few tries but better risk than wait for another run at highs

[14:44] {Threei} 6.10 break if holding above 6

[14:45] {chinggis} which stock Vad?

[14:46] {Threei} SPPI

[14:46] {chinggis} TY

[14:51] {jfjf64} someone lk to tell sppi the market still open

[14:51] {nemo} sqnm VAD

[14:55] {Threei} starts looking like turning point for it

[14:55] {Threei} if pulls back closer to .70, worth a try

[14:56] {Threei} with stop under .65

[14:58] {jfjf64} jazz got the look

[14:59] {jfjf64} nice vol

[14:59] {Threei} first strength from here, SQNM

[15:05] {wulff} again the market never ceases to impress me

[15:05] {wulff} with its wierdness

[15:05] {jfjf64} jazz settin up again

[15:05] {Threei} that's what it does best wulff

[15:06] {jfjf64} goin to test highs

[15:06] {wulff} it being a representation of the collective

[15:06] {wulff} and we being the collective

[15:07] {nemo} Oh great, the Borg again

[15:07] {wulff} we are hence weird...

[15:07] {Threei} thus we are weird

[15:07] {wulff} and unstable

[15:07] {Threei} I disagree

[15:08] {Threei} I am very stable in my weirdness

[15:08] {dino} one of seven

[15:08] {dino} bprg that is

[15:08] {dino} borg

[15:08] {nemo} wullf might have a point...you're consistent though

[15:10] {Threei} oh, and I am very weird in my stability

[15:10] {_levelseven} like watching grass grow

[15:11] {nemo} ?

[15:11] {Threei} it's those green shoots, l7

[15:11] {nemo} like listening to Vad's jokes

[15:11] {nemo} :)

[15:11] {_levelseven} mkt maybe bouncing

[15:11] {Threei} you be careful nemo... people who venture too far against my jokes risk to be subjected to listenting to my poetry

[15:12] {nemo} After threee....the PPT

[15:12] {Threei} and trust me... you don't want that

[15:12] {_levelseven} sppi trying to tell us something

[15:12] {nemo} There was a man from Ukrain...who thought he had a very big brain

[15:13] {Threei} well well well... I think we are about to see the ultimate in torture: having been made to listen to my SINGNING

[15:13] {jfjf64} he watched his level 2

[15:13] {nemo} hehehehehehehehehe

[15:13] {dino} and kicked it w/his shoe

[15:14] {Threei} there were rare individuals of almosy inuman strength who survived my poetry

[15:14] {jfjf64} jazz alert

[15:14] {nemo} I read that while drinking over the keyboard...not good

[15:14] {Threei} but no one managed to live through my singing yet

[15:14] {nemo} There was a trader named Vader

[15:15] {jfjf64} in .48 jazz

[15:15] {dino} who had a gal and he did hate her

[15:16] {nemo} so he started to recite

[15:16] {Threei} wow... I may be not the worst at it

[15:16] {dino} i don't want to fight

[15:17] {nemo} ...said she in a terrible fright

[15:17] {_levelseven} zzzzzzzz

06[15:18] * nemo slaps _levelseven around a bit with a large alarm clock

[15:18] {Threei} half out SQNM

[15:18] {Threei} scalpers takwe profit

[15:20] {jfjf64} 1/1 jazz

[15:20] {Threei} nice jf

[15:21] {dino} qcom stopped flat sheesh

[15:21] {jfjf64} allout

[15:21] {jfjf64} ty

[15:24] {jfjf64} pull bk to .20 wd be good

[15:27] {Threei} Elliott Wave's Prechter: The US will likely loose its AAA rating by the end of 2010, sees S&P500 falling well below March 6th interday low by end of 2009 or early 2010

[15:28] {Threei} Elliott Wave?

[15:28] {_levelseven} any other uplifting news?

[15:28] {Threei} what the deuce is that outfit?

[15:28] {nemo} well, as long as we can make money on the short side

[15:28] {nemo} Geometry of stock movement

[15:28] {Threei} that I know... what business do they have predicting ratings of countries?

[15:28] {Threei} what does it have to do with technical analysis

[15:29] {Threei} especially with such woodoo brand of it

[15:29] {Threei} voodoo too

[15:29] {Threei} feel free to exit second half of SQNM as you see fit

[15:29] {Threei} nice and easy play

[15:29] {Threei} also, I will venture to suggest:

[15:30] {Threei} anyone who in this climate thinks he can forecats what is going to happen "by end of 2009 or early 2010" is delusional

[15:30] {wulff} yup

[15:30] {nemo} I know what's happening in 2012

[15:30] {_levelseven} stocks picking up

[15:30] {Threei} in reality it's a simple case of:

[15:31] {Threei} forecast must be long enough for people to forget,

[15:31] {Threei} then if it pans out, author will remind and copy/paste,

[15:31] {Threei} if not - no one will ever hear about it

[15:35] {nemo} PPT a few minutes early?

[15:36] {nemo} or just shorts covering like rats from a sinking ship?

[15:36] {Threei} {PPT} by whose standards? we are on our own schedule

[15:37] {nemo} I'm on martian time myself

[15:37] {wulff} remind me, PPT

[15:37] {nemo} Plunge Protection Team

[15:37] {jfjf64} bounce

[15:37] {wulff} Peters party tray

[15:37] {Threei} mythical creature from nemo's feverish fantasies

[15:38] {nemo} whoa

[15:38] {nemo} Must be true, I heard it on CNBC

[15:38] {jfjf64} jazz .64 trigger

[15:39] {Threei} nice

[15:40] {jfjf64} half out

[15:41] {Threei} my plan for SPPI:

[15:42] {Threei} stop is still under 6,

[15:42] {Threei} feering half above 6.20,

[15:42] {Threei} willing to cary it overnight if no resolution today or after hours

[15:42] {jfjf64} 1/4 out

[15:42] {_levelseven} been stuck in the mud

[15:42] {jfjf64} stop to .70 last

[15:43] {Threei} beautiful management jf

[15:43] {Threei} your trading is very very different from what it was just a couple short months ago

[15:43] {jfjf64} ty pirate ya

[15:46] {jfjf64} startin to sink in

[15:47] {Threei} not too complicated when you get right down to it, eh

[15:47] {Threei} not easy to execute, buit not complicated

[15:50] {_levelseven} sppi miserable range

[15:50] {jfjf64} keep it simple tk what it gives us but correct not easy to executive

[15:50] {dino} gj jf

[15:51] {jfjf64} thank all ya guys best show in town

[15:54] {Threei} wow

[15:54] {Threei} look at today's volume

[15:55] {Threei} what is it, less than half?

[15:55] {nemo} I've got about 60% DOW 75% NAS 55% S&P

[15:55] {Threei} ty

[15:56] {jfjf64} guess lot of people took long weekend

[15:56] {nemo} Summer

[15:58] {Threei} okay guys

[15:58] {Threei} not ourtstanding but profitable day

[15:59] {Threei} have a good evening, see you tomorrow

[15:59] {nemo} P&Q

[15:59] {jfjf64} n all

[16:00] {fernp} good evening all

[16:01] {magoo} ty all

[16:02] {dino} gn all

Jun 12 2009

Positive day but somewhat disconnected. Trades would appear with no "flow" so to speak. Or maybe it's just Friday.

Session Time: Fri Jun 12 00:00:00 2009

[08:21] {pita} gm everyone

[08:21] {Threei}  morning pita

[08:21] {nemo} hey pain!

[08:21] {pita} Captn!

[08:22] {Threei}  SVNT... sheesh

[08:26] {vinod} GM everyone

[08:26] {nemo} Vino :)

[08:27] {Threei}  vinod :)

[08:27] {nemo} cpst spit the bit

[08:28] {vinod} I brought at 1.23 1k

[08:28] {Threei}  went up nicely after the closer

[08:28] {nemo} yes, up to 1.42 I think

[08:29] {vinod} nemo-got email no raise in 2010, got nothing in 2009 but 5% pay cut

[08:29] {vinod} and economy is improving?

[08:29] {nemo} you're one of the lucky ones

[08:29] {nemo} of course not, just falling slower.  

[08:30] {nemo} It went over the cliff, and landed on a downward sloping lower cliff

[08:30] {nemo} We're sliding toward the edge again

[08:30] {vinod} don't trust pre-market

[08:30] {nemo} I used to swim at the Quincy Quarries before they drained them

[08:31] {nemo} From experience, if the economy starts falling from a great height and hit's water instead of ground, it still hurts...alot.

[08:31] {vinod} will be back by 9.30

[08:49] {nemo} consumer sentiment in a few minutes

[08:53] {Threei}  hmmm

[08:53] {Threei}  Friday, June 12, 2009 8:19:41 AM

[08:53] {Threei}  Savient Pharmaceuticals Inc. Hearing strength attributed to chatter surrounding FDA staff report released on Krystexxa FDA application ahead of FDA advisory panel meeting next week

[08:53] {Threei}  - follow up: FDA staff report states it believes Krystexxa is effective at the proposed dosing, but there are some concerns regarding safety profile of the gout drug. Safety issues include potential heart problems and allergic reactions.

[08:56] {magoo} morning

[08:56] {nemo} Magus :)

[08:56] {nemo} How much longer for the ankle?

[08:57] {Threei}  magoo :)

[08:58] {magoo} oh..ty for asking

[08:59] {magoo} ive been limping around no cast or crutches since last saturday

[09:02] {Threei}  what do I miss about SVNT... what's on wires doesn't look all that rosey

[09:02] {nemo} so the market is supposed to be logical?

[09:05] {cosmo} hmmm...logical ... makes cents to me....

[09:08] {fernp} good morning everybody

[09:08] {Threei}  fern :)

[09:08] {dino} gm all

[09:08] {Threei}  dino :)

[09:16] {ese} good morning

[09:17] {Threei}  ese :)

[09:18] {ese} "whats the buzz tell me whats a happenin".....repeat that line 4 times....JC superstar opera

[09:19] {ese} remember that?

[09:19] {cosmo} missing bees?

[09:20] {ese} indeed 

[09:20] {cosmo} :)

[09:22] {ese} just about slept throught the opening......we looking at anything in particular

[09:22] {nemo} svnt cpst 

[09:23] {Threei}  SVA

[09:23] {nemo} alti

[09:23] {Threei}  ALTI

[09:23] {nemo} whoa

[09:23] {Threei}  what?

[09:23] {Threei}  I don't watch WHOA

[09:23] {nemo} the pididdle

[09:24] {dino} rmbs

[09:25] {cosmo} acas

[09:26] {dptl} good morning all

[09:26] {Threei}  Thursday, June 11, 2009 10:50:43 PM

[09:26] {Threei}  Rambus Inc Confirms tentative settlement with European Commission

[09:26] {Threei}  - The company announced that it has reached a tentative settlement with the European Commission (the Commission) to resolve the pending case against the Company.

[09:26] {Threei}  - Under the proposed resolution, the Commission would make no finding of liability relative to JEDEC-related charges, and no fine would be assessed against Rambus. In addition, Rambus would commit to offer licenses with maximum royalty rates for certain memory types and memory controllers on a forward-going basis.

[09:26] {Threei}  dp :)

[09:26] {cosmo} ACAS: 3.70 pre mtk high fyi

[09:27] {Threei}  so, what's the reasoning to short SVNT by realmoney?

[09:27] {nemo} the guy said so

[09:29] {ese} i like the dividend angle cos......

[09:29] {ese} some stock yestereday just when shooting up on that kinda news

[09:30] {magoo} its a call to short open..then reenter long later

[09:30] {Threei}  scary guy

[09:31] {magoo} well..its working

[09:32] {dino} lol

[09:32] {Threei}  good luck doing that...

[09:33] {magoo} finnies ripped up against naz

[09:34] {nemo} might be on that "profit" earned by the citizens on their CITI investment

[09:34] {magoo} dive RIMM vad

[09:34] {dino} rmbs sm s .15

[09:35] {Threei}  wanna have a look at SVNT?

[09:35] {magoo} ya

[09:35] {Threei}  poor shorts

[09:36] {magoo} he said then buy it 

[09:36] {Threei}  sigh

[09:36] {Threei}  I'll provide same kind of calls from now on

[09:36] {Threei}  buy RIMM then short it

[09:36] {Threei}  there, 5 cents uptickj

[09:37] {Threei}  and 7 cents downtick now

[09:37] {Threei}  I was right

[09:37] {magoo} ty he he

[09:37] {Threei}  oh you are very welcome

[09:38] {magoo} FOCUS

[09:38] {magoo} look RIMM

[09:38] {dino} take a chill vad

[09:38] {Threei}  HIG Exec: TARP is still being evaluated, not yet decided

[09:38] {Threei}  - Reminder: HIG was among certain insurers deemed eligible to receive TARP

[09:39] {dino} crazy to take it

[09:39] {dino} or desparate

[09:39] {Threei}  serious dump HIG

[09:39] {Threei}  FITB on the other hand...

[09:40] {ese} yes am waiting for a pullback there vad

[09:41] {ese} bac and wfc up also

[09:41] {Threei}  SVNT will trade higher today

[09:41] {Threei}  it's a trap for shorts

[09:41] {Threei}  too bad it's so volatile, hard to control risk

[09:42] {Threei}  prepared alert twice for 8.90 break, and backed off

[09:43] {nemo} what was your stop on rmbs dino?

[09:43] {Threei}  ALTI is breaking

[09:43] {dino} .53 still in

[09:43] {nemo} nice

[09:44] {dino} time will tell

[09:44] {nemo} at the moment of course

[09:45] {Threei}  who took it overnight, keep stop at .97

[09:45] {dino} ;)

[09:45] {vinod} CPST moving

[09:46] {Threei}  CPST, offer half somewhere between 1.40 and 1.50, IMO

[09:46] {Threei}  stop under 1.10

[09:46] {cosmo} jaso

[09:48] {Threei}  who never took ALTI but liking it now - try to get it on pullback, as long as it doesn't lose .97

[09:49] {dino} payx sm s .51

[09:50] {dino} stop .83

[09:50] {dino} qcom sm l .50, stop .17

[09:51] {Threei}  half out ALTI

[09:52] {cosmo} jaso 5.80 test soon

[09:53] {ese} no clear direction markets

[09:53] {dino} gut says down

[09:54] {ese} michigan confidence out in a couple of minutes

[09:54] {ese} have same feeling dino

[09:54] {nemo} that should be interesting with gas and oil

[09:54] {dino} throw gut out then

[09:54] {ese} indeed

[09:55] {cosmo} jaso needs to hold 5.70 i think

[09:55] {Threei}  JUNE PRELIMINARY UNIVERSITY OF MICHIGAN CONFIDENCE: 69 V 69.5E

[09:55] {nemo} 69...gotta' turn around

[09:55] {ese} dn it is

[09:56] {vinod} is it better than expected?

[09:56] {nemo} slightly worse

[09:57] {Threei}  HIG...

[09:57] {Threei}  not ready yet but watching

[09:57] {dino} rmbs stopped -.38

[09:58] {dino} payx bstop to .40

[10:00] {dino} qcom stopped -.33

[10:02] {ese} is acas a bank

[10:03] {dino} cov payx .20, +.31

[10:04] {Threei} Long Setup:  CPST  first strength if stays above .15

[10:07] {Threei}  GNBT Awarded Five New Patents for Its Proprietary Drug Delivery Systems

[10:07] {Threei}  - The patents provide additional protection for Generex''s proprietary compositions and me... (14.00, -0.07, -0.50%) more...

[10:08] {dino} acas, not bank, business iincubator type co.

[10:08] {Threei} Long Setup:  SVNT  on pullback from here, try to get 9.10 ara

[10:08] {Threei}  half lot

[10:09] {dino} intc gap fill from monday

[10:11] {ese} daaaaaa svnt....not coming back

[10:11] {nemo} observant

[10:12] {ese} tks.....pride myself in that

[10:13] {dino} last try, qcom .20 sm l stop .93

[10:14] {vinod} Boss any interest CRXX

[10:15] {Threei}  CombinatoRx Incorporated Presents Full Data on Synavive Phase 2 Knee OA Trial at EULAR 2009

[10:15] {Threei}  - Co announced the presentation of full data on Synavive (CRx-102) Phase 2 knee osteoarthritis (OA) trial (COMET-1) at EULAR 2009, the Annual European Congress of Rheumatology in Copenhagen on June 12, 2009.

[10:15] {Threei}  hmm

[10:16] {Threei}  hard to tell

[10:16] {ese} sqnm

[10:17] {Threei}  yeah, SQNM found new interest

[10:17] {Threei}  probably not CRXX

[10:17] {dino} cnqr

[10:18] {Threei}  here comes decent pullback SVNT

[10:18] {dino} too fast

[10:20] {Threei} Long Setup:  SQNM  .65

[10:20] {nemo} too fast

[10:20] {Threei}  stop under .55 for scalpers, under .50 for day traders

[10:22] {ese} rats....missed it

[10:22] {Threei}  1:1 for scalpers

[10:22] {ese} nice one vad

[10:23] {Threei}  SVNT

[10:23] {Threei}  first strength from here if stays abovwe 9

[10:24] {Threei}  half lot remember

[10:24] {Threei}  in

[10:25] {Threei}  SQNM 1:1 for daytraders

[10:28] {ese} L drys .02

[10:28] {Threei}  SVNT no worky

[10:29] {ese} need q's help for drys

[10:33] {jfjf64} mornin all

[10:33] {nemo} jf

[10:34] {Threei}  jf :)

[10:34] {Threei}  CPST, not good

[10:34] {Threei}  .15 was today's support

[10:39] {dino} qcom stop to .50

[10:41] {Threei} Long Setup:  HIG  .06

[10:41] {Threei}  if stays above 13

[10:42] {ese} market reversal....good good

[10:42] {dino} qcom to .55

[10:43] {Threei}  HIG half out

[10:43] {Threei}  pesky scalpers got what they want

[10:43] {dino} to .65

[10:43] {jfjf64} ty

[10:44] {dino} cnqr sm l .80

[10:45] {jfjf64} l axp .62 tgigger

[10:45] {dino} out qcom .75, +.55

[10:45] {Threei}  HIG 1/4 more out

[10:46] {jfjf64} axp invalid

[10:46] {jfjf64} hig ty

[10:47] {Threei}  welcome

[10:50] {nemo} stop to .15 on hig?

[10:50] {Threei}  hmmm

[10:50] {Threei}  I am tempted to keep it at b/e for the last piece

[10:51] {Threei}  and do next trail only if it makes new high

[10:51] {nemo} the Canadian Grasshopper is back

[10:51] {Threei}  which would be about .30

[10:51] {_grasshopper} Good morning all

[10:51] {Threei}  it has nice potential still,

[10:51] {Threei}  and we protected a whole lot of profit

[10:51] {Threei}  grasshopper :)

[10:51] {_grasshopper} How did you know I was CND?

[10:52] {ese} gas hooper.........

[10:52] {nemo} when you sign on:[10:50] * _grasshopper (Mibbit@jtc-ada2aebd.cable.rogers.com) has joined #discussions

[10:52] {nemo} Rogers is Rogers Cantel=Canadian telecom

[10:52] {_grasshopper} smart Nemo

[10:52] {nemo} broken clock=right twice a day

[10:52] {_grasshopper} ain't that the truth

[10:53] {dino} sm l pnra .00

[10:53] {nemo} When I was in telecom, they were a customer for the billing system on which I worked

[10:53] {ese} you one of us canuks grasshopper?

[10:53] {_grasshopper} I am 

[10:53] {_grasshopper} and proud of it

[10:53] {nemo} maybe a locust

[10:54] {_grasshopper} NO

[10:54] {ese} where abouts....victoira for me

[10:54] {nemo} nothing wrong with locusts

[10:54] {_grasshopper} Ontario

[10:54] {nemo} that narrows it down

[10:54] {ese} ahhhhhhhhhh

[10:54] {_grasshopper} locusts are creepy so are praying mantises

[10:54] {nemo} I think they're cool.  Found a couple of huge mantises last year

[10:55] {ese} my relatives live in Kenora on Lake of the Woods

[10:55] {_grasshopper} I almost picked one up once as a kid thinking it was a stick and it spooked me

[10:55] {nemo} They do that to a lot of people

[11:00] {vinod} HIG again?

[11:00] {nemo} following the market

[11:02] {vinod} yes

06[11:03] * nemo slaps _grasshopper around a bit with a large ugly, vicous, praying mantis

[11:03] {Threei}  grasshopper look private message please

[11:06] {_grasshopper} where?

[11:07] {Threei}  see where channel names are,

[11:07] {nemo} you in mibbit or mirc?

[11:07] {_grasshopper} yes

[11:07] {Threei}  #floor and #discussions

[11:07] {Threei}  next to them youy should see one with my nick on it

[11:07] {Threei}  click on it and type there

[11:08] {_grasshopper} I'm on mibbit

[11:09] {Threei}  White House Advisor Summers: Regulatory reform will use common sense, Govt intervention should only be temporary within markets

[11:09] {nemo} like, one decade per century

[11:09] {Threei}  hmmm... building contructors in USSR had this saying: there is nothing more permanent that temporary constructions

[11:10] {nemo} yeah, cost + contracts

[11:12] {dino} ctrp

[11:12] {jfjf64} .72 trigger l ms

[11:12] {Threei}  1:2 SQNM

[11:12] {Threei}  me out

[11:13] {Threei}  last piece of HIG still doesn't know what it wants from lifwe

[11:13] {Threei}  life

[11:13] {nemo} wants from wife

[11:14] {nemo} Joke:  What does a dislexic agnostic do?

[11:14] {Threei}  maybe should have done 1/4 thing with SQNM rtoo

[11:14] {ese} hmmmmmmmm........what?

[11:17] {ese} have a feeling that sqnm is going to cover a good part of that gap from 14....big void

[11:20] {Threei}  HIG gave up saying "I don't want anything from life anymore"

[11:21] {jfjf64} common  markett bounce

[11:21] {nemo} stocks are talking to you now?

[11:21] {nemo} Oh, answer:  Wonders whether there is a Dog

[11:21] {ese} always have......thats why he's the cult leader

[11:22] {nemo} pass the punch...er....vodka

[11:22] {ese} all cult leaders have things that talk to them

[11:22] {nemo} and I thought it was the mushrooms

[11:22] {Threei}  SVNT Hearing Oppenheimer making cautious commnents (timing uncertain) (13.36, -0.10, -0.74%)

[11:32] {jfjf64} vad  question   im in  ms .72  with 10cent  stop    with way  its  tradin  my  opinion  is change  it  to 5cent stop at  this  point    wd  ya  agree

[11:33] {nemo} in @ .72 jf?

[11:33] {Threei}  both are valid jf

[11:33] {jfjf64} y  for  last 12 min

[11:34] {Threei}  matter of your objectives and risk tolerance

[11:34] {Threei}  SQNM

[11:34] {Threei}  this is getting serious

[11:34] {jfjf64} ty

[11:34] {Threei}  let's try long on pullback to 5

[11:34] {Threei}  5.10 break is an option too, just more risky

[11:35] {ese} serious is right

[11:35] {nemo} eat sqnm's dust

[11:37] {jfjf64} in .10

[11:40] {Threei}  ALTI new run at highs, stop for the balance to 1.02

06[11:40] * Threei kicks SQNM in the rear with heavy duty army boots

[11:40] {nemo} whoa...pulled out the boots

[11:41] {Threei}  just no shakeout please

[11:43] {dino} apol sm l .50

[11:43] {Threei}  ugh

[11:44] {Threei}  (US) House bill to grant FDA the power to regulate tobacco gains sufficient votes to pass (related RAI )

[11:49] {jfjf64} big shakout

[11:50] {ese} still long drys .02.....du du du du du.......dum dum dum dum dum......use them boots on everything vad

[11:50] {nemo} do do do da da da is all I want to say to you...

[11:52] {Threei}  market is in coma

[11:53] {nemo} PPT @ 3

[11:53] {dino} da da da uhuh uhuh

[11:55] {Threei}  wow

[11:55] {Threei}  http://rawstory.com/08/news/2009/06/11/us-house-to-debate-ron-pauls-audit-the-fed-bill/

[11:55] {Threei}  can it really move forward?

[11:57] {Threei}  Prez on TV in case you missed him

[11:57] {nemo} not in any useable form

[11:58] {nemo} Power doesn't give up power

[12:04] {pita} gotta go, good wknd all, cu Monday

[12:05] {Threei}  take care pita, have a good one

[12:06] {jfjf64} vad  ya  lk  break sqnm .95

[12:06] {nemo} breakouts during lunchtime?

[12:07] {jfjf64} thanks  nemo

[12:07] {nemo} just a caution with the market in a coma, you've got that resistance just below 5

[12:08] {dino} apol stopped -.27

06[12:09] * nemo slaps vinod around a bit with a large Legal Seafoods Broiled Salmon

[12:10] {dino} shld sm l .00

[12:10] {ese} stillllllllllll long drys .02.......my goodness.....this is redefining slugish market

[12:11] {jfjf64} think we sd all go  to happy  hour

[12:11] {nemo} started with lunch

[12:12] {patience} not my type of market....no trade is a good trade for me right now

[12:13] {ese} beginning to think that patience

[12:13] {patience} did one trade this week, lost $150.   first loss in months....oh well....have to live the odds

[12:13] {Threei}  what did wake up PALM?

[12:16] {Threei}  FITB is back to highs

[12:16] {ese} same with bac

[12:17] {ese} .69 was high for bac.........now at .81

[12:17] {dino} same here last two days

[12:17] {ese} you were high the last 2 days dino?

[12:17] {nemo} ese!

[12:17] {nemo} musicians

[12:17] {ese} ahhhhhh  just askin

[12:18] {dino} lol, no market wierd last two days, trades not working as well

06[12:18] * nemo slaps ese around a bit with a large copy of Alla Fortuna

[12:18] {ese} needed that

[12:19] {nemo} first time I heard that was in that late 70's movie "Excalibur"  had to get it...

[12:19] {ese} i remember that........that was a good movie

[12:22] {nemo} jf, be interesting if SQNM holds new support here

[12:22] {jfjf64} im out too lunch

[12:23] {jfjf64} lol

[12:23] {nemo} so....what's new?

[12:23] {Threei}  PALM...

[12:28] {Threei}  unstoppable thing

[12:32] {nemo} sqnm setting up H&S?

[12:32] {Threei}  hmm?

[12:32] {Threei}  don't see anything like that

[12:32] {Threei}  FITB however...

[12:32] {ese} H&S ?

[12:33] {Threei}  oh sorry

[12:33] {Threei}  yes nemo, read mistakenly and C&H

[12:33] {Threei}  H&S it is

[12:33] {nemo} damn...was hoping I was still psychotic

[12:33] {Threei}  FITB forms very tight consolidation at the high

[12:34] {ese} palm is a bit of a wow.......thats pretty much the most it's moved in years

[12:34] {Threei}  sorry for ruining it for you nemo... now you'll have to live in reality, because of me :(

[12:34] {nemo} crosses to bear

[12:35] {Threei}  fairly reflects its position in industry ese... its former forte, pocket computers, pretty much died on them

[12:35] {Threei}  entry in new market got interest again

[12:35] {nemo} there goes fitb

[12:35] {Threei}  yeah

[12:35] {ese} whats the new market.....i don't think i know

[12:35] {Threei}  smart phones

[12:36] {nemo} mobile computing

[12:36] {ese} ahh......iphone type thing

[12:41] {Threei}  solid pullback PALM

[12:43] {ese} Ok all have to beg your leave.......am heading to dp's neck of the woods tomorrow....the Vic High band has a show at the Sheraton Wall Center in Vancouver for the BCMA(British Columbia Medical Assoc).....it's looking like the Premier of the province is going to be there

[12:43] {Threei}  have fun ese

[12:43] {Threei}  say hello to Premier

[12:43] {Threei}  and to dp

[12:43] {ese} tks vad......take care everyone have a great weekend

[12:43] {ese} will do

[12:44] {dino} pru sm l .00

[12:44] {dino} cya es

[12:45] {Threei}  .21 PALM for scalp if stays above .15

[12:47] {nemo} too fast

[12:47] {Threei}  come on

[12:47] {Threei}  1:1

[12:47] {nemo} broke through .21 fast, I'm terrible at the fast ones

[12:48] {Threei}  why broke?

[12:48] {Threei}  .21 itself was trigger

[12:48] {nemo} yeah, went fast

[13:01] {fernp} have a good weekend everybody. see u on monday

[13:01] {Threei}  take care fern, have a great one

[13:12] {dino} cbt

[13:15] {jfjf64} s cof .73 trigger

[13:16] {dino} cbt sm l .73

[13:16] {jfjf64} in

[13:18] {jfjf64} ouch

[13:18] {jfjf64} not wkin today

[13:18] {nemo} bounce from long drop

[13:19] {nemo} you were hot yesterday

[13:19] {jfjf64} correct  play s .89

[13:22] {jfjf64} thats awrap  for  me  my  friends    great  week  ty  see ya monday         thanks  vad

[13:23] {dino} cya jf

[13:23] {Threei}  good to hear jf

[13:23] {Threei}  congratulations, have a good weekends

[13:23] {Threei}  -s

[13:25] {jfjf64} takin  my  son  mets  yankee gm   suday   lookin  forward

[13:30] {dino} cool

[13:30] {nemo} BoSox B..slapped the Yanks this week :)

[13:31] {nemo} svnt looks like a flat ekg on the 5 minute

[13:31] {Threei}  lol

[13:49] {Threei}  came alive eh?

[13:50] {nemo} what? 

[13:50] {nemo} oh yeah

[13:53] {dino} ipcs drop

[13:55] {dino} shld stop to .30

[13:55] {dino} pnra to flat

[13:55] {nemo} what about pru?

[13:55] {dino} pru to flat

[13:55] {nemo} hehehe

[13:55] {dino} out shld +.30

[13:56] {vinod} a lazy Friday 

[13:56] {nemo} Summer Friday

[13:57] {vinod} I took3 hours off and it is same

[13:57] {dino} ipcs brutal

[13:57] {Threei}  was quite tempted by that SVNT consolidation but decided Fri afternoon is not a good time for this kinf od trade

[13:58] {Threei}  oh well

[13:59] {vinod} there is always next week and market is going no where from us

[14:00] {vinod} i consider a winner because i am not losing this week

[14:01] {dino} gj vin

[14:03] {vinod} you guys still holding CPST I added 2k today at 1.15 plus yesterday's 1k at 1.23

[14:03] {dino} stopped pnra .05, +.05

[14:04] {Threei}  not here vinod

[14:04] {vinod} o.k thanks

[14:04] {vinod} I will dump them now

[14:05] {dino} out pru .10, +.10

[14:05] {Threei}  watching PALM for possible C&H

[14:05] {Threei}  .50 being rim

[14:05] {dino} gambling thoughts on ipcs?

[14:06] {nemo} watch for volume spike

[14:06] {nemo} friday scalp day

[14:06] {nemo} Summer

[14:06] {nemo} oops...there I go, thinking again

[14:08] {Threei}  feels like one more shrp dive at least

[14:08] {nemo} no solid support until .65

[14:08] {Threei}  Treasury Dept official: announcements of managers for the $500B PPIP will be made "very shortly"

[14:09] {nemo} Plunge Protection Insurance Panel?

[14:09] {Threei}  handle start forming, PALM

[14:10] {nemo} ipcs looks liked it bounced off support a couple of minutes ago

[14:11] {dino} public/private invest partnership

[14:12] {dptl} have a good weekend all

[14:12] {Threei}  take care dp

[14:13] {dino} cya dp

[14:20] {Threei}  PALM 1:1

[14:24] {vinod} out .61 Palm

[14:24] {Threei}  lunch money

[14:25] {Threei}  in more ways than one, lol

[14:25] {vinod} yes ty-vad

[14:25] {Threei}  sure

[14:25] {Threei}  clean case of "beauty of scalping"

[14:26] {nemo} you pesky scalper

[14:26] {Threei}  grabbed something that showed setup, got out when it stopped moving in your favor

[14:26] {Threei}  foergot all about it

[14:26] {vinod} also out all CPST 1.23

[14:26] {Threei}  and became a few bucks richer in the process

[14:33] {vinod} nemo-your gut feeling about PPT today?

[14:34] {nemo} no interference today

[14:36] {Threei}  why?

[14:36] {nemo} IPCS is pulling a CNQR Dino

[14:36] {nemo} voices in my head

[14:37] {nemo} they're telling me to go clean my guns

[14:37] {dino} stuck, yes

[14:37] {dino} rbcn

[14:37] {dino} thin

[14:40] {dino} pru l .25

[14:45] {Threei}  (IA) Iranian Election results reportedly show 65% of vote goes to Mousavi - Mousavi aide

[14:45] {Threei}  - Mousavi is seen as more open to the West than the more hard-line Amedinajad (related USO OIH USD/KRW TLT SHY EUR/USD USD/CHF USD/JPY )

[14:46] {Threei}  this is probably what propped the market

[14:47] {nemo} see the story on HIG issueing stock?

[14:49] {Threei}  6:45 am

[14:49] {Threei}  Friday, June 12, 2009 6:45:13 AM

[14:49] {Threei}  The Hartford Financial Services Group Inc Plans to offer $750M in common shares (about 16.4% of market cap)

[14:49] {Threei}  - Co has commenced a discretionary equity issuance plan pursuant to which it will offer shares of its common stock from time to time for aggregate sales proceeds of up to $750M

[14:49] {Threei}  - In addition, the company announced today that it would participate in the U.S. Treasurys Capital Purchase Program (CPP), subject to completion of documentation with the U.S. Treasury.

[14:49] {Threei}  - The Hartford received notice of preliminary approval to participate in CPP on May 14, in the amount of approximately $3.4B.

[14:49] {Threei}  and 13 seconds...

[14:50] {nemo} 6:45 your time or my time

[14:50] {Threei}  ESTY

[14:50] {Threei}  EST

[14:50] {nemo} EDT

[14:50] {Threei}  all times I post are always NY

[14:50] {Threei}  in fact, my trading computer is set to NY time

[14:59] {Threei}  (IA) CNBC: Ahmadinejad also claiming victory in Iranian election (related USO OIH )

[14:59] {Threei}  lol

[15:01] {nemo} Vad look at TNDM and the volume numbers around that spike please

[15:02] {Threei}  14:42 spike you mean?

[15:02] {nemo} yessur

[15:02] {Threei}  okay

[15:02] {Threei}  what am I looking at?

[15:02] {nemo} I'm trying to understand that move

[15:03] {Threei}  break of resistance after long consolidation, spike...

[15:03] {Threei}  what to understand? :)

[15:03] {nemo} The volume numbers around that spike, barely moves on 14k volume minute before, goes up on 4k volume .20 cents

[15:03] {Threei}  aahhhhh

[15:03] {Threei}  I see what you mean,

[15:03] {nemo} not as dumb as I look

[15:04] {Threei}  volume spike preceeds price spike by bar or two, right?

[15:04] {nemo} 1 bar and the .20 cent jump on 1/4th the volume

[15:04] {Threei}  lord, give me power to refrain from "nah, still dumb"... I don't want to be rude but he just walked into that one

[15:04] {nemo} I'm using LASER

[15:04] {nemo} Not "as dumb"

[15:05] {Threei}  OK, this is good observation,

[15:05] {Threei}  and here is exp[lanation:

06[15:05] * nemo ducking

[15:05] {Threei}  there was huge resistance,

[15:05] {Threei}  a lot of shares offered

[15:05] {Threei}  and all that long consolidation was slow churning of those shares,

[15:05] {Threei}  digesting so top speak.

[15:05] {Threei}  What happened next was

[15:06] {Threei}  strong buying pressure concentrated in a single moment (bar on your 1 min chart) took out all those shares

[15:06] {Threei}  breaking resistance

[15:06] {Threei}  and as sell order got lifted

[15:06] {Threei}  stock moved up.

[15:07] {nemo} dam broke

[15:07] {Threei}  right

[15:07] {Threei}  There was no however as much buyng enthusiasm after the reak,

[15:07] {Threei}  just enough for short-lived spike

[15:07] {Threei}  so volume returned to normal,

[15:07] {Threei}  but absence of sellers allowed for easy price movement

[15:07] {nemo} can see the tails on the preceding candles all were at the same height, once that candle closed above those tails..boom

[15:07] {Threei}  so what you get in such cases is

[15:08] {Threei}  volume spike preceeding price movement

[15:08] {Threei}  which signifies taking out huige sale order

[15:08] {Threei}  then price spike as there is no additional selling pressure

[15:08] {nemo} which is a play you look for

[15:08] {Threei}  and both, price and volume p[retty much return to bormal pattern

[15:09] {Threei}  sure, that's the idea of all breakout plays

[15:09] {Threei}  look at that SVNT break

[15:09] {Threei}  look at that PALM break that we played

[15:10] {Threei}  you will see pretty much the same thing, with insignifcant variations

[15:11] {dino} esi sm l .00

[15:14] {magoo} vad...mkts rot or rip?

[15:14] {nemo} alright, maybe I am as dumb as I look

[15:15] {Threei}  neither mags

[15:15] {nemo} yeah, FLAT FRIDAY

[15:15] {Threei}  ummm... bow did you arrive to that concluision nemo?

[15:15] {nemo} I arrived earlier...voices in my head

[15:15] {nemo} remember

[15:15] {Threei}  ah

[15:17] {_grasshopper} you guys are funny 

[15:18] {_grasshopper} looking.........................................:)

[15:18] {_grasshopper} joking of course

[15:18] {nemo} mmmmmhhhhh....polite and with manners....definite newbie

[15:18] {dino} lol

[15:19] {_grasshopper} not for long

[15:19] {Threei}  grasshopper... anyone who thinks highly of our sense of humor should be very alarmed

[15:19] {nemo} seek help

[15:19] {dino} sorry about the voices nemo, i'll turn radio down

[15:19] {_grasshopper} I will go right now fellas

[15:20] {nemo} interesting, use of two male references...mmmhhhh

[15:20] {nemo} nice on esi dino

[15:21] {nemo} taargeting resistance just under .50?

[15:21] {nemo} one "a" sorry

[15:22] {dino} want it to go thru, but....will not let it slip away

[15:22] {nemo} yeah, last call

[15:27] {dino} .40 wall

[15:28] {nemo} discretion is the better part of valor

[15:28] {nemo} unless you're betting on the PPT

[15:31] {dino} out esi .40, +.40

[15:31] {dino} discipline trumps conviction i prefer

[15:32] {Threei}  {PPT} I am myth

[15:33] {dino} not in the bond markets for sure

[15:33] {Threei}  that's political domain

[15:34] {nemo} caught that spike Dino

[15:34] {dino} yes was laying out

[15:35] {nemo} trading gods were watching over you on that one

[15:36] {dino} certain stocks i lay out on as personalities dictate

[15:44] {dino} cbt stopped .75, +.02

[15:44] {nemo} gonna' give me any hints grasshopper?

[15:45] {vinod} have a nice weekend to all

[15:45] {nemo} by Vinod

[15:45] {nemo} bye

[15:46] {Threei}  take care vinod

[15:47] {_grasshopper} nope 

[15:47] {_grasshopper} keep you in suspense Nemo 

[15:47] {_grasshopper} :)

[15:48] {Threei}  you are killing him grasshopper

[15:48] {Threei}  I applaud

[15:48] {_grasshopper} thanks Vad

[15:49] {Threei}  trying to decide, dump the balance ALTI or carry over weekend

[15:50] {_grasshopper} but wars can start on weekend can't they???

[15:50] {_grasshopper} isn't that why traders don't?

[15:50] {Threei}  easy

[15:50] {_grasshopper} a friend of mine who is a broker told me that one

[15:50] {Threei}  yeah, I guess one overnight was enough for ALTI

[15:50] {Threei}  worked nicely

[15:54] {Threei}  mags... looks like I was correct

[15:56] {dino} out cnqr .-01

[15:57] {Threei}  okay guys

[15:57] {Threei}  thank you all

[15:57] {Threei}  have a great weekend

[15:57] {Threei}  see you on Monday

[15:57] {nemo} hehehehehe

[15:57] {dino} cya

[15:59] {dino} out pru .16 -.09

[16:02] {dino} thx all, good times

[16:02] {nemo} Ahmadinejad lost

[16:02] {nemo} little better day today Dino

Jun 11 2009

Somewhat strange day. No real drive in the market but many small stocks moved nicely, mostly in alternative energy names (CPST, EMKR, ALTI etc). Those who trade little ones with big shares made out like bandits. The rest didn't have much to muinch on today.

Session Time: Thu Jun 11 00:00:00 2009

[08:10] {Threei}  Good morning

[08:11] {Threei}  out last portion ESLR 2.80

[08:18] {vinod} good morning to all

[08:18] {Threei}  vinod :)

[08:21] {Threei}  HGSI Reports Positive Long-Term Data for BENLYSTA (Formerly LymphoStat-B in Patients With Active Systemic Lupus Erythematosus

[08:28] {pita} greetings all

[08:30] {Threei}  INITIAL JOBLESS CLAIMS: 601K V 615KE; CONTINUING CLAIMS: 6.816M V 6.780ME

[08:30] {Threei}  pita :)

[08:38] {Threei}  (US) White House Advisor Volcker: Prospects for a strong recovery are unlikely although there will be some growth in late 2009

[08:38] {Threei}  - Does not expect any inflation pressure for "some time to come."

[08:38] {Threei}  - There are no practical alternatives to the USD as a global reserve currency, none to come today or "for many tomorrows."

[08:38] {Threei}  - It is unwarranted to allow firms that have deposti insurance to conduct proprietary trading.

[08:38] {Threei}  - There is no need to supervise hedge & private equity funds as closely as banks.

[08:41] {fernp} good morning everybody

[08:45] {Threei}  fern :)

[08:47] {Threei}  CPST Update: Proivdes update on C30 liquid fueled microturbine

[08:48] {Threei}  Announced the successful intergation of fuel cell into UK Ford S-Max Mini Van

[08:50] {magoo} morning

[08:50] {Threei}  magoo :)

[08:50] {nemo} morning

[08:50] {Threei}  nemo :)

[08:51] {vinod} nemo:)

[08:51] {nemo} Vino :)

[08:52] {magoo} news REGN vad?

[08:53] {Threei}  REGN Phase II study of Aflibercept (VEGF Trap) in collaboration with Sanofi Aventis shows statistical significance in advanced ovarian cancer

[08:53] {Threei}  REGN Converts Interleukin-1 antibody opt-in rights to royalty agreement

[08:59] {dino} gm all

[08:59] {nemo} harooo

[08:59] {Threei}  dino :)

[09:01] {dino} we got lucky on palm nemo

[09:01] {nemo} gotta' love it

[09:01] {dino} qcom

[09:03] {ese} GM

[09:03] {Threei}  ese :)

[09:05] {ese} nice move by eslr yesterday

[09:07] {Threei}  for late arrivals:

[09:07] {Threei}  [08:11] {Alert} Threei out last portion ESLR 2.80

[09:11] {ese} position from yesterday vad.....or pre market this morning

[09:11] {Threei}  from yesterday

[09:11] {Threei}  from 2.10

[09:11] {ese} nice one

[09:11] {Threei}  30% move in one day

[09:12] {ese} really nice one!!!

[09:20] {ese} still L intc at .35   ....maybe this is the day it breaks 16.74

06[09:22] * Threei slaps laserdave around a bit with a large book of Techniques of Tape Reading

[09:22] {Threei}  umm... not what I intended to slap him with

06[09:22] * Threei slaps laserdave around a bit with a large alarm clock

[09:22] {Threei}  there

[09:22] {dino} slap him silly

[09:23] {_levelseven} gm rt's

[09:23] {_levelseven} anyone know the high on ESLR this morning?

[09:24] {dino} david faber wearing a hairpiece?

[09:24] {Threei}  L7 :)

[09:24] {Threei}  it barely touched on 2.9

[09:24] {_levelseven} geez, thats what happens when you get up late

[09:24] {ese} 2.90 LS

[09:24] {Threei}  I was a little late too, exited 2.8

[09:25] {_levelseven} dumpin mine now

[09:25] {Threei}  good job

[09:25] {Threei}  SAY on radar again

[09:25] {Threei}  ESLT too of course

[09:25] {Threei}  ESLR

[09:26] {_levelseven} HGSI has some vol

[09:27] {Threei}  [08:21] {Alert} Threei HGSI Reports Positive Long-Term Data for BENLYSTA (Formerly LymphoStat-B in Patients With Active Systemic Lupus Erythematosus

[09:28] {_levelseven} im always 2steps behind 3i

[09:28] {ese} chdx

[09:29] {ese} what do they do?

[09:29] {ese} up 2 and a bit dino

[09:29] {Threei}  Chindex China Healthcare Finance

[09:29] {_traderw} goodmorning!

[09:29] {Threei}  CHDX Reports Q4 $0.24 v $0.10e, R$60.0M v $50.5Me (2 est) (10.79, 0.00, 0.00%)

[09:29] {Threei}  traderw :)

[09:31] {dino} palm stop is .49

[09:31] {jfjf64} mornin all

[09:31] {dino} out +.39

[09:31] {Threei} Long Setup:  SAY  .25 break

[09:32] {Threei}  if stays above .15 for scalpers

[09:32] {Threei}  5.10 support for a day trade

[09:32] {dino} qcom raises guidance and drops

[09:33] {jfjf64} hpq  break 37

[09:33] {magoo} JAZZ movin

[09:33] {magoo} in SAY

[09:34] {Threei}  over 1:1 for scalpers

[09:34] {jfjf64} in say

[09:34] {dino} qcom sm l .25 jumpy

[09:34] {wulff} .in .27

[09:34] {Threei}  1:1 for a daytrade

[09:34] {Threei}  half out .42

[09:35] {jfjf64} ty

[09:35] {_levelseven} missed SAY

[09:35] {Threei}  stop to under .20 for the balance

[09:35] {_levelseven} nice call

[09:35] {Threei}  wow... it had enough time for entry after triggering

[09:35] {jfjf64} sale hpq 

[09:35] {Threei}  what are you trading with, Fidelity or what

[09:35] {wulff} half at .45

[09:36] {dino} qcom stop to .65

[09:36] {dino} out qcom +.40

[09:37] {_levelseven} in JAZZ on pb

[09:38] {magoo} out SAY ty bass

[09:38] {Threei}  CAEI interesting

[09:38] {Threei}  see if gives pullback into .80-.85 zone

[09:39] {Threei}  SAY stop to under .30 for balance

[09:40] {Threei}  no pullback CAEI

[09:40] {_levelseven} out JAZZ +.17

[09:41] {ese} is that china architecture

[09:41] {Threei}  yes

[09:42] {_levelseven} in Jazz .88

[09:43] {Threei}  will look to reenter SAY on deeper pullback

[09:43] {jfjf64} ??

[09:43] {Threei} Long Setup:  HGSI  3.40 break

[09:43] {Threei}  stop under .30

[09:43] {Threei}  jf?

[09:43] {magoo} in

[09:44] {Threei}  what so many question marks?

[09:44] {jfjf64} in

[09:44] {Threei}  what's with

[09:44] {jfjf64} entry say  pullback

[09:44] {ese} i missedd it

[09:44] {Threei}  what about it?

[09:45] {jfjf64} when sd we enter

[09:45] {jfjf64} sorry all questions

[09:45] {Threei}  I don't know

[09:45] {Threei}  it has to form something new

[09:45] {jfjf64} ty

[09:46] {Threei}  HGSI is interesing thing,

[09:46] {Threei}  if it works we will have a dilemma:

[09:46] {Threei}  3.50 is 1:1 for this entry,

[09:46] {Threei}  and it's a very significant resistance on daily

[09:47] {dino} titn sm l .00

[09:47] {Threei}  if broken, can really catapult this thing

[09:48] {Threei}  wow CPST

[09:49] {nemo} tck catapulted again

[09:49] {Threei}  a few min ago

[09:49] {Threei}  HGSI Hearing Thomas Weisel making positive comments in the name

[09:49] {Threei}  - Analysts state that positive Phase III data to support higher price target

[09:50] {Threei} Long Setup:  TIVO  .25 break if stays above .15

[09:50] {nemo} too fast

[09:50] {_levelseven} out Jazz 4.05 +.17

[09:50] {Threei}  nice scalping

[09:50] {_levelseven} :D

[09:51] {Threei}  no worky HGSI

[09:52] {dino} bwld sm l .40

[09:53] {dino} sm l fdo .35

[09:53] {jfjf64} will re enter hpq .52

[09:53] {Threei}  TIVO 1:1

[09:54] {jfjf64} ty tivo

[09:54] {Threei}  grrr

[09:54] {Threei}  too many of them are moving, missed ESLR re-entry

[09:56] {Threei}  WHO reportedly raises pandemic flu alert to Phase 6; cites recent developments in H1N1 (Swine Flu) - unconfirmed report

[09:56] {Threei}  - Reminder: On 6/2, the WHO notes pandemic alert for H1N1 is "moving closer to Phase 6," the highest level of the scale

[09:56] {Threei}  - Phase 6 is characterized by community level outbreaks in at least one other country in a different WHO region in addition to the criteria defined in Phase 5. Designation of this phase will indicate that a global pandemic is under way.

[09:56] {Threei}  that's what spiked NVAX

[09:58] {jfjf64} ya lk caei  break .05

[09:58] {Threei}  why not

[09:58] {jfjf64} good enough

[09:58] {_levelseven} NVAX nose dive

[09:59] {Threei}  NVAX never holds gains

[09:59] {jfjf64} lk tivo

[09:59] {Threei}  TIVO 1:2

[09:59] {Threei}  out in full

[10:04] {Threei}  SAY sharp pullback

[10:05] {magoo} JAZZ vad..down

[10:05] {dino} bwld stopped

[10:07] {Threei} Long Setup:  ESLR  .86 if stays above .80

[10:08] {Threei} Long Setup:  SAY  .10 break if stays above 5

[10:08] {magoo} in SAY

[10:08] {magoo} in ESLR

[10:09] {magoo} "say it ain't so"

[10:10] {jfjf64} rather SAY it is so   lol

[10:10] {ese} l fitb .75

[10:12] {jfjf64} fire sale  say    lets  go

[10:13] {ese} out fitb .80 +.05

[10:15] {jfjf64} low vol   consiladation   what does that mean boss   say

[10:17] {Threei}  don't overthink it...

[10:17] {Threei}  it qworks or it doesn't

[10:18] {_levelseven} who is stockdish??

[10:19] {ese} ??

[10:20] {jfjf64} stockcups cousin

[10:21] {Threei}  no worky SAY

[10:21] {jfjf64} nobody  has  sense humor today

[10:21] {Threei}  I am disappointed... what are all those 50,000employees thinking

[10:21] {Threei}  jf... today??

[10:22] {ese} today?

[10:22] {ese} vad beat me o that

[10:22] {ese} just kidding !!

[10:23] {jfjf64} lol

[10:24] {magoo} outeslr flat

[10:24] {magoo} out say

[10:24] {Threei}  come on ESLR... couple cents to 1:1, you wanna quit on us??

[10:25] {Threei}  SAY is dumping as if something's happening

[10:27] {jfjf64} 500000 people lost job

[10:27] {Threei}  ok... lol

[10:28] {jfjf64} got ya to lol  

[10:28] {Threei}  no worky ESLR

[10:28] {Threei}  shrug

[10:29] {fernp} 9:40 Satyam chair: rev picture not great in near future 

[10:29] {fernp} "One has to understand that despite the way the media and probably the market reacted to this, the fact is the company is under severe stress," Satyam chairman Kiran Karnik told Reuters, referring to the reaction to the company's financial numbers. "It is hugely overstaffed, costs are very high and the revenue picture in the immediate future is not that great."

[10:29] {fernp} reuters

[10:30] {Threei}  ah, so need to just 1K workers, not 50K

[10:30] {fernp} lol

[10:30] {Threei}  GTXI Presents Phase II Ostarine (MK-2866) Cancer Cachexia Clinical Trial Results at Endocrine Society Annual Meeting (9.33, 0.35, 3.90%)

[10:31] {jfjf64} .95  looks  lk  good trigger  for   long     correct

[10:31] {magoo} SAY wantinayoe

[10:31] {jfjf64} close  yesterday  lot of traffic

[10:32] {magoo} u remember the name of the town?

[10:32] {nemo} tivo lifting out of range

[10:32] {magoo} say-want-tin-nayoe

[10:32] {nemo} fdo

[10:32] {nemo} sorry

[10:33] {Threei}  GTXI wakes up

[10:33] {Threei}  and falls back asleep

[10:36] {Threei}  not much enthusuasm in the market today... fizzled out fast

[10:37] {magoo} unfortunately..a change is taking place

[10:38] {nemo} eh....I'll leave that one alone

[10:38] {magoo} bounce tine WFC?

[10:38] {Threei}  I thought you hated it

[10:39] {magoo} i hate them ALL anymore :)

[10:39] {Threei}  doesn't feel right to me

[10:49] {Threei}  UAUA

[10:49] {Threei}  UAL Corp CEO urges govt to take action to dampen the speculative nature of current oil prices - annual meeting comments

[10:49] {Threei}  - Says the current economy and higher oil prices will force changes in the industry

[10:49] {Threei}  - Considering expanding economy classes to handle business class downgrades

[10:49] {dino} schw l .90

[10:51] {ese} Lfitb .78

[10:51] {magoo} ACAS vad

[10:51] {magoo} ballistic

[10:51] {Threei}  ACAS Declares $1.07 Dividend Per Share

[10:51] {Threei}  - Payable on August 7, 2009, to stockholders of record as of the close of business on June 22, 2009

[10:52] {ese} ballistic i'll say

[10:52] {vinod} I am back look like not a good misic today?

[10:52] {ese} look at that

[10:53] {ese} hmmmmm   gonna have to watch for more dividend offerings

[10:55] {ese} significant runup for a stock like that

[10:55] {vinod} testimony on TV--One crook asking other crook, why are you a crook?

[10:57] {jfjf64} s ms.47

[11:00] {jfjf64} out half

[11:01] {ese} and the answer is ????

[11:01] {jfjf64} out all

[11:02] {_levelseven} acas trying

[11:04] {jfjf64} s dis .28 trigger

[11:06] {_levelseven} need good pb to enter

[11:06] {dino} seh sm s .78

[11:10] {_levelseven} acas a player..too bad missed it

[11:12] {Threei}  wow SAY

[11:12] {Threei}  what a dump

[11:12] {jfjf64} crazy

[11:13] {jfjf64} say away

[11:14] {_stockdisk} Thanks threei ACAS ,made some quick $$ thanks for news

[11:14] {Threei}  wtg

[11:16] {jfjf64} break .60 ms  vad  ya  likey

[11:17] {Threei}  sure thing

[11:18] {jfjf64} 1/1

[11:18] {jfjf64} fas  helped  perfectly

[11:19] {dino} sm l pru .88

[11:21] {jfjf64} l .22 jpm   this  set  up been  wkin

[11:21] {ese} Ok outta here for an hour and a bit......have a class to teach

[11:21] {fernp} bye ese

[11:21] {Threei}  take care ese

[11:23] {jfjf64} vad look ms  break .75

[11:24] {jfjf64} 1/1 jpm

[11:27] {vinod} SQNM flying again

[11:28] {Threei}  somehow all the moves have this sluggish feel to them today

[11:29] {Threei}  no real drive

[11:29] {vinod} summer time is always like this

[11:30] {jfjf64} need this fas to get goin  in  ms at .77

[11:32] {Threei}  not necessary vinod

[11:32] {Threei}  last summer was very active

[11:32] {nemo} Yeah, last summer was an abomination though

[11:32] {Threei}  and this sloppy trading feels to me rather caused by other factors

[11:33] {Threei}  for instance, general lack of clarity about this whole rally vs economy

[11:33] {Threei}  "do we sell? do we buy more/"

[11:35] {_levelseven} all they need to do is ask me, ill guide them

[11:35] {nemo} whoa...fancy

[11:35] {dino} out schw flat

[11:36] {_levelseven} is my text coming up red or is that just for me to see?

[11:36] {nemo} it's red

[11:36] {Threei}  red, and don't do it please

[11:36] {jfjf64} red

[11:36] {_levelseven} ok

[11:37] {jfjf64} yeah    lol

06[11:37] * nemo slaps _levelseven around a bit with a large book of Vadettiquette

[11:37] {_levelseven} sorry

[11:37] {_levelseven} was trying to make it another color for me to see

[11:38] {jfjf64} stoped ms  grrr

[11:38] {nemo} Listen l7, there's an obnoxious member limit of 2.  I got both of them covered

[11:39] {_levelseven} sorry nemo, wasnt trying to be obnoxious..ill never post again

[11:39] {nemo} :(

[11:39] {Threei}  nemo has no problem with obnoxious in general

[11:40] {Threei}  he has a problem with "more obnoxious han he is"

[11:40] {nemo} my picture is under the definition in the dictionary

[11:40] {nemo} It's kinda' like Vad and his "Captain Obvious" mantle.

[11:40] {Threei}  yeah... we all have our sensitive spots

[11:41] {Threei}  I feel targeted when someone tries to upstage me in stating the obvious area

[11:42] {nemo} UNG moving

[11:43] {vinod} nemo likes Pick color?

[11:43] {vinod} pink

[11:43] {nemo} chartreuse

[11:44] {nemo} Magoo, Dino:  

[11:44] {nemo} "But I don't want to be Mr. Pink"

[11:50] {dino} ?

[11:50] {nemo} the movie

[11:50] {nemo} what movie

[11:51] {vinod} prety in pink

[11:51] {nemo} X

[11:51] {nemo} ok

[11:51] {vinod} Good sense of humor is a good medicine

[11:51] {nemo} Reservoir Dogs

[11:52] {nemo} You'll never think of the song "Stuck in the Middle with You" the same way again

[11:54] {Threei}  CPST...

[11:54] {Threei}  hard to tell... chart's promising, volume's good

[11:54] {nemo} nothing like a 50% gain

[11:54] {Threei}  still, no real feel of drive that leads to frenzy

[11:55] {jfjf64} vad  any  read  ms  with fas   movin   not  goin anywher  looks lk  want to  drop??

[11:55] {jfjf64} funny   other way    hmmm

[11:56] {nemo} indices jf

[11:56] {jfjf64} what i know

[11:56] {Threei}  not really jf, things are not very well connected right now

[11:58] {nemo} dino dcc

[12:01] {dino}  seh stopped -.13

[12:04] {dino} lol nemo

[12:04] {nemo} hehehe

[12:06] {dino} qcom l .00

[12:08] {dino} don't follow me today, i suck

[12:08] {nemo} mmmhhhh....think you took too much from that video clip

[12:09] {dino} lol

[12:09] {nemo} Mmmmhhh.....think of what his intials stand for

[12:10] {jfjf64} s ms.60 trigger

[12:11] {jfjf64} nope

[12:12] {dino} qcom stopped -.20

[12:17] {vinod} Traders always have opportunities, and in general don’t care about the underlying economy

[12:18] {Threei}  NVAX again

[12:19] {Threei}  WHO confirms that it has raised pandemic flu alert to Phase 6

[12:19] {Threei}  - WHO Chief does not recommend closing borders or any other restrictions on movement of goods, services or people.

[12:19] {Threei}  - Recommends that drug makers finish winter flu manufacturing and then move on to making H1N1 vaccines.

[12:19] {Threei}  - Notes that no prior pandemic has been detected as early as H1N1.

[12:19] {Threei}  - "The virus writes the rules," further spread of H1N1 is inevitable.

[12:19] {Threei}  - Does not expect any sudden increase in fatal cases.

[12:20] {Threei}  daily says long

[12:21] {Threei}  my skepticism about NVAX says, scalp it if you see clean entry

[12:22] {Threei}  from the chart, .25 should take it into .50 area

[12:22] {Threei}  I just can't bring myself to trust NVAX, lol

[12:23] {Threei}  BCRX same area

[12:27] {Threei}  anyone went for it, start partialling

[12:28] {Threei}  BCRX tries to wake up

[12:28] {_levelseven} +.12 on NVAX, thx 3i

[12:28] {Threei}  welcome sir

[12:29] {dino}  gj

[12:30] {fernp} gj l7

[12:31] {Threei}  look at this dump

[12:31] {Threei}  what self-respecting stock would behave like this

[12:31] {ese} like a bad dream....i'm back

[12:31] {nemo} more like herpes

[12:31] {_levelseven} your exit call was perfect

[12:32] {ese} nice nemo nice one

[12:32] {Threei}  ty... I have my moments

[12:32] {Threei}  speaking of dreams, bad and other kind:

[12:32] {Threei}  Venezuelan Oil Minister: expect crude oil to be around $70-$75 at the end of 2009

[12:32] {nemo} has he looked today?

[12:33] {ese} still long fitb .78

[12:33] {Threei}  where is it today nemo?

[12:33] {ese} vit....mucho grondo shs

[12:33] {nemo} almost 73

[12:35] {dino} pnra l .60

[12:37] {Threei}  PLUG... another little long forgotten POS

[12:44] {Threei}  FITB starts working

[12:48] {ese} out fitb .96 +.18  with 9K

[12:48] {Threei}  wtg

[12:48] {ese} tks vade

[12:48] {ese} vad

[12:50] {fernp} gj ese

[12:50] {ese} tks

[12:51] {ese} can now go to work with a swagger in my step.......

[12:51] {Threei}  lol

[12:51] {ese} which of course will be partly vodka induced

[12:51] {Threei}  partly?

[12:51] {Threei}  come on

[12:52] {Threei}  give full credit where credit is due

[12:52] {ese} oh alright....totally

[12:54] {ese} one question for you though vad....i'm actually surprised that this stock ran up during the lunch hour......thats kinda odd isn't it

[12:55] {Threei}  yes... but FITB lately does behave a bit differently

[12:55] {ese} would that be an indicator of more strenght for the day

[12:56] {ese} when it does this during lunch.....someone dying to get in etc etc

[12:57] {Threei}  compare FITB's daily to FAS's one

[12:57] {ese} ok

[12:58] {ese} hmmmmmm  it's kind of ahead of fas...but same basically

[13:00] {ese} now opposite

[13:02] {Threei}  TREASURY'S $11B 30-YEAR BOND REOPENING BID-TO-COVER RATIO: 2.68 V 2.40 PRIOR AND 2.42 AVE OVER THE LAST 5 REOPENINGS

[13:02] {Threei}  - indirect bidders take 49% of competitive bids

[13:02] {Threei}  - bonds draw 4.720% with % alloted at the hi

[13:03] {Threei}  nice spike finnies

[13:03] {Threei}  7.90 deserved an entry, FITB...

[13:04] {Threei}  these auction news always take me too long to comprehend

[13:04] {ese} yes......was looking at something else ....missed it

[13:04] {jfjf64} thinkin 8  just got  back   looks  lk i missed  dance

[13:06] {ese} yup ...it was a nice little waltz

[13:07] {ese} if it consolidates with some higher lows.....i'll consider 8 as well

[13:07] {Threei}  Prez on TV if anyone missed him

[13:07] {jfjf64} nice nice

[13:08] {jfjf64} hopefully i  get a  chance with  her  

[13:08] {dino} pnra stopped -.13

[13:09] {Threei}  {nemo} I'll leave that one alone

[13:13] {Threei}  White House Spokesperson: President Obama continues to support Fed Chariman Bernanke (related EUR/USD )

[13:13] {jfjf64} surprized?

[13:14] {nemo} tbt took a pounding on the auction results

[13:14] {Threei}  mostly by the fact that the topic even surfaced

[13:14] {nemo} slow newsday

[13:15] {jfjf64} s jpm .46 trigger

[13:16] {jfjf64} nope

[13:24] {_levelseven} stocks seem to be picking up

[13:26] {Threei}  not finding candidates here

[13:29] {_levelseven} cpst testing new hi

[13:32] {ese} stupid windows ........cuts me off for udates...&^%&%$#

[13:32] {Threei}  take if off auto

[13:32] {ese} how do you do that

[13:33] {Threei}  contol panel - security center - updates

[13:33] {ese} tks

[13:35] {ese} done!!!

[13:35] {_levelseven} 最大3セント、下3セント

[13:36] {nemo} he's at it again

[13:36] {ese} what does that mean....long something....short something

[13:36] {ese} speak up man!

[13:37] {_levelseven} sorry, thought this was my japanese forum

[13:37] {ese} ha ha ha....good one

[13:37] {_levelseven} :D

06[13:37] * nemo {---depressed

[13:40] {dino} pru stopped -.20

[13:46] {_levelseven} cpst one heavy stock

[13:49] {dino} apol sm l .01

[13:49] {ese} gotta go all see ya tomorrow

[13:50] {Threei}  take care ese

[13:50] {fernp} bye ese

[14:08] {Threei}  wow... boredom kingdom

[14:09] {nemo} see pru dino

[14:09] {dino} yeah

[14:09] {dino} qcom too

[14:14] {magoo} .

[14:14] {nemo} ?

[14:15] {Threei}  NVAX CEO: Expecting to sign new licensing deals in Q3; targets initiation of H1N1 human trials in 2009 (3.30, 0.30, 10.00%)

[14:15] {Threei}  what's with F?

[14:17] {dino} intc l .50

[14:17] {dino} f'ng pru stops me and then runs a buck

[14:20] {Threei}  C Reportedly planning debt issuance with no FDIC backing

[14:31] {Threei}  (KS) US Envoy: Notes the US is committed to resolving its differences with North Korea via diplomacy, affirms US will take "necessary steps" if North Korea definance continues (related USD/KRW GLD )

[14:33] {dino} apol stopped -.28

[14:33] {nemo} take a break dude

[14:35] {dino} yeah i should

[14:36] {dino} some days you eat the bear, some days the bear eats you

[14:36] {nemo} 3 days out of the last 36?

[14:37] {dino} y

[14:37] {nemo} beer in the frig?

[14:37] {dino} yes, but i have to coach tonight

[14:38] {nemo} 1 or 2 shouldn't be a problem...

[14:41] {dino} intc stopped -.11

[14:42] {_levelseven} cpst liftoff

[14:42] {dino} amag

[14:42] {Threei}  ummm

[14:43] {Threei}  2 cents liftoff - I sure hope folks launching spaceships know better how to do it :)

[14:43] {Threei}  but yeah, it looks inytresting

[14:44] {nemo} nutbuster

[14:44] {Threei}  1.15 break finally did it

[14:46] {Threei}  scalpers of type I paradise

[14:46] {_levelseven} makes u suffer too long for it tho

[14:46] {Threei}  these thick ones are always like this

[14:47] {_levelseven} i prefer the buys at 10, then sell at 10:01

[14:48] {Threei}  one more thing to watch fopr possible, umm, liftoff

[14:48] {Threei}  ALTI

[14:49] {Threei}  (US) Senate achieves sufficient votes for passage of legislation granting the FDA the power to regulate tobacco

[14:49] {Threei}  - Voting is ongoing at this time. (related RAI MO L CG UVV BTI VGR PM LO STSI )

[14:49] {Threei}  F Reportedly has no plans to issue additional equity - unconfirmed report (5.99, -0.20, -3.23%)

[14:51] {_levelseven} regulate = tax more

[15:01] {Threei}  you holding any CPST, l7?

[15:02] {Threei}  feels like scrawl is not over

[15:03] {Threei}  can't in good conscience call it a run

[15:03] {magoo} weird day..no power

[15:03] {Threei}  told ya hours ago, felt very sluggish

[15:03] {nemo} 100 point day on DOW and no power

[15:04] {magoo} i haven't read u in hours he he

[15:04] {Threei}  mags... you got something heavy handy?

[15:04] {magoo} huh?

06[15:05] * nemo crawls into cave...closes door...pulls blanket over head

[15:05] {Threei}  just making sure I can do this safely:

06[15:05] * Threei slaps magoo around a bit with a large very heavy book of Best Threei's Quotes for the Last %5 Hours

[15:06] {nemo} has no pages

[15:06] {Threei}  CPST is likely to pop over .30

[15:06] {Threei}  after that, who knows

06[15:06] * Threei slaps nemo around a bit with a large another copy of that same book... count pages NOW

[15:07] {nemo} I'm in my cave

[15:07] {Threei}  not much help... that book breaks any doors

[15:07] {magoo} BAC breaking out

[15:08] {Threei}  BAC is stronger that FAS today

[15:08] {Threei}  too bad FITB lost momo

[15:08] {Threei}  CPST is ready for the next leg

[15:09] {_stockdisk} Threei what is momo

[15:09] {Threei}  momentum

[15:09] {Threei}  sorry for the slang

[15:09] {Threei}  I am just too lazy to type full words

[15:09] {Threei}  here comes the bride... err CPST

[15:10] {nemo} I m  ust o zy o ype ull rds

[15:10] {Threei}  sigh

[15:10] {nemo} cpst braches .30

[15:10] {Threei}  abuse I take...

[15:10] {_levelseven} i dumped it on the first break of .15

[15:10] {Threei}  wow... you are stingy

[15:11] {_levelseven} im greedy pos

[15:11] {Threei}  okay... greed is good

[15:11] {_levelseven} i like nickels & dimes

[15:11] {nemo} that's a copyright infringement

[15:11] {Threei}  I have no read on it after break of .30, need new consolidation

[15:12] {Threei}  that's what I told G.Gekko, nemo

[15:12] {_levelseven} im hopin it falls to .75 asap

[15:12] {Threei}  CPST? to .75?

[15:12] {nemo} might go back to a buck

[15:12] {_levelseven} makes my sale look good then

[15:13] {Threei}  that's right there with Chavez dream of oil at 150

[15:13] {_levelseven} his dream came true last year

[15:14] {Threei}  CPST won't give you such low today... but do keep an eye on ALTI

[15:14] {Threei}  on CPST, I'd say:

[15:14] {Threei}  if you get 1.10 zone today, grab it

[15:14] {Threei}  and be ready to hold overnight

[15:16] {Threei}  welcome to the jungle grasshopper

[15:16] {nemo} didn't the find "grasshopper" in a Bangkok hotel closet?

[15:17] {_grasshopper} :)

[15:17] {jfjf64} im back   anybody  miss me

[15:17] {Threei}  nemo... guess why I find your rudeness troubling

[15:17] {Threei}  no jf

[15:18] {nemo} tell me

[15:18] {Threei}  hint:

[15:18] {jfjf64} comon

[15:18] {Threei}  not because rudeness troubles me... not in the least

[15:18] {nemo} guess I should have stayed in the cave

[15:18] {Threei}  lol

[15:18] {Threei}  come on guess

[15:18] {nemo} having a brainfart at the moment

[15:19] {Threei}  oh boy... it's so simple

[15:19] {nemo} even a nemo could guess it!

[15:19] {Threei}  because you are more rude than I am, and I don't like competition

[15:19] {nemo} I figured

[15:19] {nemo} O.K.

[15:19] {Threei}  now... let's focus on jf

[15:20] {nemo} Grasshopper, welcome aboard, I hope you enjoy your stay on the good ship Vadym

[15:20] {nemo} JF

[15:20] {Threei}  wow... skies haven't seen nemo this polite in the last two millenia

[15:20] {nemo} o.k. yeah, like I miss alimony payments

[15:21] {nemo} So...tell us about yourself Grasshopper?

[15:22] {nemo} By your name, are you an entymologist by profession

[15:22] {Threei}  or maybe better not...

[15:22] {nemo} A practitioner of mystical eastern arts

[15:22] {jfjf64} you  guys  been drinkin

[15:22] {Threei}  who would want to tell anything about themselves to a guy who is either a lost fish or mad captain of a submarine

[15:22] {nemo} This is what happens when I stop JF

[15:23] {Threei}  rather bored out of our minds jf

[15:23] {Threei}  well... those of us who have those

[15:23] {Threei}  I am bored out of my skull

[15:23] {nemo} yeah, my thoughts exactly up .03 down .02 up .06 down .04

[15:23] {_levelseven} cpst रात आयोजित एक से अधिक हो सकता है

[15:24] {nemo} come again L7

[15:24] {Threei}  janitor raises his eyebrows

[15:24] {nemo} L7 is that a cellblock designation?

[15:24] {_levelseven} sorry, thought i was posting on a hindu site

[15:24] {Threei}  no one posts in russian

[15:24] {Threei}  sniff sniff

[15:24] {jfjf64} you  guys  hv  fun   im  searchin  for that one        momma  needs a new  pair of  shoes   ill keep  ya  posted

[15:25] {nemo} Time to take away the belts pens and shoelaces

[15:25] {_levelseven} надеюсь, что это заставляет вас чувствовать себя как дома

[15:25] {Threei}  jf... tell momma it's a crisis, better fix old ones

[15:25] {Threei}  wow L7

[15:25] {nemo} Yo K, bitte etwas auf Deutsch schreiben

[15:26] {Threei}  guys I hate buying breaks on finnies

[15:26] {Threei}  but BAC starts looking like worthy one

[15:26] {jfjf64} im  watchin   wow

[15:26] {Threei}  .20 break long

[15:26] {jfjf64} yeah

[15:26] {Threei}  discretionary trade

[15:26] {_grasshopper} Hi Nemo we actually met @ CTAB

[15:27] {Threei}  grasshopper... now the most elegant thing to do would be to leave him to guess for a few days :)

[15:28] {nemo} whoa...California

[15:28] {jfjf64} push  this  fas vad

[15:28] {nemo} Geez, and I was relatively well behaved there.  

[15:28] {_grasshopper} Ok I will

[15:28] {_grasshopper} :)

[15:29] {Threei}  ty, I will enjoy his torture :)

[15:29] {nemo} What's so elegant about it

[15:29] {Threei}  there

[15:29] {Threei}  I am glad BAC didn't break, to say honestly

[15:29] {jfjf64} hmm

[15:29] {nemo} Vad, what's your birthday, I need to burn a couple of diagrams :)

[15:30] {Threei}  I don't feel easy about buying this kind of breaks

[15:30] {Threei}  lol

[15:30] {nemo} I know you hate indicators, but the stochastics had been dropping on it since 3:00

[15:30] {jfjf64} s afl.98

[15:30] {Threei}  Update: NY: Fed: Dealers submit $0B in 28 day, $25B TSLF auction; $0B accepted; bid to cover ratio 0

[15:30] {Threei}  - Stop out rate 0.10%

[15:30] {Threei}  - Note: This is 6th consecutive schedule 1 collateral auction that received no bids

[15:30] {Threei}  wow

[15:30] {Threei}  that's what triggered selling

[15:31] {jfjf64} in

[15:32] {nemo} mojo

[15:37] {Threei}  CPST either will hold support 1.20 and finish closer to high, or break it and give chance for 1.10

[15:37] {nemo} interesting, that auction results also sold off PMs

[15:37] {Threei}  no way to tell which is more likely

[15:37] {Threei}  so if you are warm to the idea of taking it overnight,

[15:37] {Threei}  get hal;f near 1.20

[15:37] {Threei}  and wait for breakdown to get another half

[15:38] {Threei}  why not nemo

[15:38] {Threei}  that's what we see lately

[15:38] {vinod} is it a buy at 1.10 CPST ?

[15:38] {nemo} why not what

[15:38] {vinod} o.k i was not here

[15:38] {jfjf64} ty vinod

[15:38] {Threei}  only if you are willing to hold overnight vinod

[15:39] {vinod} I can't see all post 

[15:39] {nemo} Blue Horshoe likes CPST Vinod

[15:39] {vinod} thanks i will

[15:39] {jfjf64} bac  break .10 vad

[15:40] {Threei}  long?

[15:40] {Threei}  nah

[15:40] {jfjf64} ty

[15:40] {Threei}  there is no spring in market's step today

[15:41] {Threei}  see, even nemo doesn't hope for PPT to arrive

[15:41] {nemo} plus a 4-6 cent stop with a triple top at .18 not much reward for risk

[15:42] {nemo} Don't need PPT today, up 75 points

[15:42] {Threei}  ah

[15:42] {Threei}  jeez

[15:42] {Threei}  LLY Court documents show Lilly ghostwrote articles for marketing Zyprexa, placing doctors names on studies it authored

[15:42] {Threei}  any area of life is not corrupted?

[15:43] {_levelseven} daytrading

[15:43] {nemo} Depends on what your definition of corruption is

[15:43] {Threei}  come on someone, name me one, I need my faith in humanity back

[15:43] {_levelseven} prostitution

[15:43] {nemo} birth

[15:43] {nemo} related

[15:43] {nemo} L7 you need help

[15:43] {nemo} I know

[15:44] {nemo} Do you have the same problems typing with your elbows because of these reaaaaaallllly long sleeve shirts they make me wear

[15:45] {Threei}  one more alt energy name finishing at the high:

[15:45] {vinod} PPT can also play game otherway around?

[15:45] {Threei}  EMKR

[15:46] {_levelseven} i need something for overnight

[15:46] {Threei}  our morning ESLR exit looks pure genius

[15:47] {Threei}  L7... you are venturing in dangerous territory... with nemo around, that line serves for like 15 jokes

[15:47] {_levelseven} lol

[15:47] {_levelseven} cpst wont let it go

[15:48] {_levelseven} strong finisher could be overnighter

[15:48] {Threei}  both CPST and EMKR...

[15:48] {nemo} Only thought on CPST is it has a habit of pulling back on the news.  You had news today, and tomorrow is Friday

[15:49] {_levelseven} both hod

[15:50] {Threei}  ALTI looks tempting too

[15:51] {Threei}  decide for yourself guys,

[15:51] {jfjf64} s jpm .10 break

[15:51] {Threei}  overnights is not something i call officially wirth ease

[15:52] {Threei}  and lord knows I did quite a few recently

[15:52] {_levelseven} in both

[15:53] {Threei}  new high on close in both

[15:53] {nemo} You took two home with you the other night Vad...impressive

[15:53] {_levelseven} gotta go with hod + vol

[15:53] {Threei}  yeah nemo, and with wife being home too it took quite a trickery

[15:53] {nemo} I thought she runs the camera

[15:54] {Threei}  janitor is angry

[15:54] {_levelseven} prob shoulda have waited a few more mins

[15:54] {Threei}  he hates editing

[15:54] {Threei}  jusy keep sizes reasonable L7

[15:54] {_levelseven} let all u daytraders dump ur positions first

[15:54] {Threei}  overnight is overnight

[15:54] {Threei}  anything can happen

[15:55] {Threei}  one more thing:

[15:55] {Threei}  lately many of them continue moving after hours,

[15:55] {Threei}  if you have price you'd be happy with in mind, try and put it for sale after close

[15:55] {_levelseven} yea, ill be watching

[15:56] {jfjf64} half out jpm

[15:56] {Threei}  people come home, see news about CPSATY putting their turbine in Ford van

[15:56] {nemo} nice on JPM JF

[15:56] {Threei}  new highs, breakout, volume

[15:56] {Threei}  think :"we better get it today before it gaps and runs tomorrow"

[15:56] {Threei}  and there you are, merrily selling to them

[15:57] {_levelseven} thanks for cheering me up

[15:57] {Threei}  good job jf

[15:57] {jfjf64} all out

[15:57] {Threei}  nice short and good cover

[15:57] {Threei}  now I have to confess,... quite a few people missed you

[15:57] {Threei}  and dcced me asking "where is jjf, we miss him"

[15:57] {jfjf64} ty

[15:58] {_levelseven} now lets finish strong

[15:58] {Threei}  one phoned and cried

[15:58] {nemo} Oh geez, Vad, I don't have my boots on

[15:59] {vinod} what happeb nemo_brought market down?

[15:59] {_grasshopper} wading boots if this keeps up,  hipsters

[15:59] {dino} gotta hop, thx all, i'll do better tomorrow

[15:59] {nemo} I'm thinking a dive suit myself

[15:59] {nemo} nite Dino

[15:59] {Threei}  take care dino, there is always tomorrow

[16:00] {Threei}  nice close on both, L7

[16:00] {vinod} Nite to all

[16:00] {nemo} Vino :)

[16:00] {Threei}  let's hope momo continues

[16:00] {Threei}  okay guys

[16:00] {Threei}  thank you all

[16:01] {Threei}  have a good evening

[16:01] {fernp} good evening all. see u tomorrow

[16:01] {Threei}  see you tomorrow

[16:01] {dino} :)

[16:01] {Threei}  FNSR Reports Q4 $0.00 v -$0.01e, R$116.7M v $120.7Me (0.85, 0.07, 8.97%)

[16:02] {Threei}  whoa

[16:02] {Threei}  IMGN Elects to Discontinue Further Internal Development of Its IMGN242 Compound

[16:02] {Threei}  - elected to discontinue further internal development of its IMGN242 gastric cancer compound and to ... (8.25, 0.11, 1.35%) more...

[16:03] {_levelseven} =IMGN sellin

[16:04] {nemo} I like the stink bids